The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-19
Were Not Consulted.
INTENDED TO DECEIVE.
Lawyer Untermeyer Still Pursues
the Mutual Life.

New York July 1S-Samuel Untermyer.
counsel for the international pOlicyholders'
committee, today sent to the state super
intendent of insurance at Albany a tele-
gram against the filing of any certificates
of the nomination of George Gray, Gen.
eral b. +. Tracy. Alfred NJ Shook or H.
n. HigginbOtham on the administration
ticket of trustees of the Mutual Life In
surance company.
Mr. Untermyer declared that the obvious
purpose of the nomination Of those men
is to deceive policyholders into the belief
that the ticket is nominated by the policy
holders committee. Their names were
used. ne said, without their knowledge
and declared ii constituted an evasion of
the law and a gross breach of propriety.
sPeabody's Explanation.
When Mr. Peabody president of the
Mutual Life Insurance company. was
Il am not surprised. but 1 am afraid
the gentleman has let the cat out of
the bag. Perhaps his solicitude that
there should be good board is not as
great as his sOlicitude that the control
of affairs shall pass out of his hands.
l certainly shall not go to him for in
formation on the subject of propriety. We
believe that Judge Gray, General Tracy,
Colonel Shook and Mr.. Higsinbotham,
Notwithstanding their criticism of our
administration, were men well fit for
trustees.
''They had signified their desire for the
ly as to the character of that change
and we felt and still feel that we had
a perfect right to place their names upon
our ticket To speak of our doing so as
a breach of propriety, is nonsense.
1.-THE trouble, in my judgment, is that
Mr.. Untermyer is not altogether the dis
interested public benefactOr he would
have the policy holders understand. He
made up list, calling them by the big
sounding name of the international policy
holders committee, and asked them to
meet in New York. 1t is absurd to say
they were delegated to this work by the
policy holders.
All Untermyer's Work.
mo one could by any possibility have
reached the policy holders in such num-
bers as to secure any proper mandate
from them We know perfectly well that
their commission came direct from Mr..
Untermyer. who personally solicited them
to accept places on the so-called policy
holders ticket. The gentlemen upon the
committee undoubtedly were moved by
high purposes and felt that they were
doing their duty. but when ! tell you
that of their twenty-eight members who
constituted the committee not more than
eight were policy holders in the Mutual
Life Insurance company, it is clear that
they, are subject to the charge of tend
ing to some one elSe,s business"
John Dewitt Warner of counsel for the
international policy holders committee,
said today that the administration ticket
is ito hell with reform tickets" and
about the most deserving of defeat and
easy to beat that could have been named. -
LAS it stands" he said. 'it embodies
the high graft contingent of the McCurdy
regime, while it shows the white feath-
er of suppressing Rogers.
"A full opposition ticket will promptly
be selected and a campaign commenced
to restore the Mutual Life to it's position
as a great insurance company and stop
it's career as a financial pool for the
system