New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-11
-TARBELL HITS SICKELS.
.DENIES REBATE STORY.
Makes AffdaUit Snoring Why But
faJo agent Retired.

couraged rebating a pernicfous means of getting
new business which the large life insurance
companies are trying 10 put down. This defence
was in the form of an affidavit, in which he
directly contradicted the testimony of George H
Sickels formerly general agent of the society
in Buffalo. This testimony was given on De
cembcr So Mr.. Sickels asserting, among other
things that he left the life insurance business
on account OF rebating.
Mr. TarbelTs affidavit sent TO the Arm
strong committee. which met yesterday at the
Bar Association. 1t was in part as follows;
On August g. 1895 returned to the United states
from "Trip to Europe Shortly afteT ny ey{Sis had
entered into preliminary agreement It, win III n;a
bert ArG OF al. EgiS a niet ne n his
With Equitable Life Assurance Socety' Sie 3o!
him in the management of the socetys BUSHES s
al Buffalo This agreement was made without con-
eultation with me and without my sSs4 he had
conversation with me IN the foFepar5 nv OF refTn
STo Flrop peO until some time during the last half
of September or the early part Of October. r
IN any other conversation, made to MI Slcke.s
the statements attributed by MN 10 me ~ t him
that h, could offer 10 person as an nduceneIt a., 70
reduction Which could be used OF not used nor
did l him statement from "i iSf nc
form OF retailing to which he refers, or any form
of Relating. direct or indirect
NIGHT USE PoLTCYHOLDERs-
may add that have frequently stated 10 asenzS
that they could properly make use of policyhola-
ers or their friends who are not policyholders TO
pe T introducons or letters of Introduction,
and that they could eomPensate sGGn scred
end paid for through such introducuons' TINS en-
nishins the fntToduction5 takes insurance or not
Mr. sckes testified that he left the life insurance
planned this reason 10 me. and that made no COM
e fss 9p fhs ne eony Was feel that G am iGtied
in giving in fun his letter 70 me- of January 1899
the effect that he thought Of disseminating his
connection with the society. Such letter was as
My Dear Gage: VIII you kindly consider this
The fact that / do not wish have any differences
in ny talk with him here and with yourself for
We expect TO come TO New-Yori at an early date:
cause Of my taking he step which and i necss
point " intend to retire from my partnership
with Mr.. Arid He is so constituted, personally,
that think II is physical impossLbilty for him
TO get along with any partner. rather for any
partner to get along with HIM He is man man Of n SO
for to live in peace with him ne must be al
drance His business methods are not NINE and
do not purpose to he associated with any man in
gcso7 " eery iay Lie is too short and do
no, Nave 10 keep up such associations and do not
intend 10 do so You must know that this is not
only 2 serious but likewise very disagreeable
f flt aSsn i sbeut in business afars but think
the result is inevitable in the near future. 80 II 1e
break must come II viii be with less damage no"
ngsnTSs e19Isb b ro NOT said one word of per
sonai nature. and do not intend to do so. TO him
or any else However. think you are entitled
t. yo s ood E III the sd do no
think am Tacstng and change6se IN IIph IS
Is Impossible TO get along with him as business
ing the man as YOU must you can but know where
Pes want to say ggat here has h9We er
tn Arid do not believe any other man an hy MI
9 has get F tRe at f%o o geas ae saece
seryihIpe to gel III PGeh c 24aE m s
care Of and gets the business. and good business.
Enlistment fhan to give him What he Wants in the
way Of financial 'aid one tnE you may resi- las as
n n;Eso OF. every ooi'zP VIII in'o '"s O'Si
ais of Arid. but must either make some sale TO
the company or to Ard He Is the one Of course
fe done dispose of them, must keep them and
an around for me to get out entirely If possible
] am writing you SO you VIII know how matters
would be profitable 10 go into my reasons with
Mr. Arid and myself now. and it is my earnest
wish that our relations remain SO I want 10 step
sincerely hope you will appreciate my position and
ee eT7if ' yours GBoRGE sIcKEL 81"
The trustees of the New-York Life Insurance
Company held a long meeting yesterday. at
which the new president, Alexander E. Orr, pre-
sided. The resignation of John c. Mccall as
were any other designations acted on. The i'm
preston now seems to prevail in ''Nylic" circles
that young Mccall will not follow his father A
trustee of the company said yesterday that this
would probably be the case, as he had many
friends on the board who believed that he was
doing excellent work. After the meeting the
Fowler housecleaning committee met at the
financial bureau OF the company IN the Hanover
Bank Building and remained in session until after
6 O'Clock. They finding many points of in
vestigation and will not be ready to report for
some time yet.
A regular meeting of the trustees of the
Mutual Reserve held yesterday at No. 909
broadway, Vice-President EIdridge presiding
There had been some intimation that the resig-
nation of the president OF the company, Fred
erick a. Durham, might be presented. Nc
designations were offered. 1t said tina;
President Burnham had no intention of resign
ing and that he would take up the reins OF
management after his return from a trip tc
Florida for his health. which has been poor for
some time.
The board of trustees of the Mutual Life did
not meet and it is not likely that meeting will
be called before the next regular meeting, Janu-
Rry ID The Truesdale housekeeping committee
also took day off. so il could not be learned II
ex-President McCurdy had decided to tell the
committee what he knew about the syndicate
transactions Of the officers of the company
EQUITABLE OWNS BLOCK.
TIRE EQUITABLE has just completed the pur-
chase of the last piece of property in the block
IN which its home Office is situated. that bounded
nv Broadway and Nassau. Pine and Cedar SITS
THE first purchase in this block made more
chan rhirty-f1ve years ago. The property just
.couired is No II Nassau-st-, which owned