The news-democrat. (Providence, R.I.) 1906-1909, 1906-08-10
ROW IN RANKS OF
COMMITTEE OF
POLICY HOLDERS

New York, Aug. 1O-seymour Eaton.
ers' committee, sent the following tele-
gram OF resignation TO Richard Olney.
chairman. yesterdays
New York, Aug. Q. 1906.
Hon. Richard Olney. Chairman, Boston.
Mass:
"Dear sir-I herewith tender my resig-
nation as secretary OF the international
policyholders committee TO take effect
Immediately.
"When l accepted this position be-
lieved this movement 10 be righteous un-
selfish. public-spirited and I'm the best in
terests OF the great body OF policyholders,
and have been outspoken in giving pub
licity TO this opinion. / feel that / now
owe IL 10 you and to the other eminent
gentlemen whom l invited to serve on
this committee. as well as 10 myself and
10 the policyholders. that be just as
frank and as fearless I'm expressing my
| present convictions by prompt and posi-
tive resignation.
(signed) SEYMOUR EATON"
| The secretary received today from Ed
| win Leibfreed, treasurer OF the commit
tee. his resignation, TO take effect as soon
as the finances can be transferred to a
4 successor.
Samuel Untermyer, counsel for the in
ternational policyholders' committee. and
President Peabody OF the Mutual Life
held conference today In the Mutual
executive office IL was the first time the
two have met since the war OF words
Between the international committee and
the Mutual management began.
Mr. Untermyer refused 10 discuss the
conference and no Information regarding
II was obtainable at the Mutual offices.
IL Is regarded as certain though, that
! no truce In the fight over the pollcyhold-
ers' list has been declared. as a two-page
"a al n nj 10 ar
from the Mutual building before he was
scarcely out OF the enemy's territory.
President Peabody had had just about
time enough TO hustle into the statement
room and grab a 500-word charge. The
shot was delivered by way of the law
department
The statement sets forth a letter which
President Peabody wrote TO Mr. Inter
rayer on Aug. as pertinent TO the pro-
cecdngs before Justice Giegerich which
resulted I'm a representative Of the policy
holders committee obtaining writ OF
mandamus TO compel the filing OF correc-
tions TO the policyholders' lists.
This letter was written In reply 10 a
formal request 10y Mr.. Untermyer on July
20 that the international committee he
allowed TO copy the corrected stencil list
which the Mutual was preparing for its
use.
II didn't take the folks at the interna-
tIonal committee headquarters long TO get
hot statement of the gride in reply.
The letter 10 which Mr.. Peabody refers
was written Aug. 2. IL was said, and be-
sides Mr.. Untermyer had demanded the
corrected addresses In writing on July
3O and had received no reply when the
papers in the mandamus proceedings were
drawn.
IN reference 10 the Mutuals statement
that It looks as II Mr.. Untermyer were
afraid that the company would furnish
him with the changed addresses, Mr. I'm
termyer said that he was not possessed
or any such fear. nor did he for mo-
ment ina glne that the company would
do any part OF It's duty 10 the policyhold-
ers.
His judgment on that subject he
thought was proved accurate when the
counsel for the company went into court
with affidavits from the president and
Pill concerned strenuously opposing the ap-
plication for the information
The action OF the company in trying
fo keep the addresses OF poicyholders
away from the committee had been con-
Estent from the beginning. continued Mr.
Jntermyer. Nothing but the mandate of
The court would give the committee that
70 which IL was clearly entitled. Now
that the committee has got the writ II
s. Mr.. Untermyer said, content.
In regard to the offer made I'm the Pea
body letter 10 furnish all available in
FORMATION 10 groups OF 100 policyholders
who had nominated ticket. Mr. Inter
nyer contended in court on Wednesday
hat that was move TO delay the work
pf the committee. The committed he
laid, wanted the correct names and adj
iresses of the policyholders at once, as
I wished TO circularize the policyholders
before the ticket is named
The Mutual Life will not take any ap-
peal from Justice Giegerick's decision
rhe writ will be signsd tomorrow morn
ng. its form having been agreed upon
oday