New-York tribune., 1906-06-22
FOR EQUITABLE BOARD.
1DHINISTRATTON TICKET.
Present Poiicyholding Directors Re-
armed scith Three Exceptions.

s- aooo-6aaoe with she recommendations n,
AZ, trss;ees ~ the RyaE stock. The board q,
A.;sciors of tue Equitable Life Assurance so-
r,ss, nominated twenty-sight men yesterday 70
,,,apyise The administration ticket OF directors
!, =. voted Cor hy the policyholders next De-
amber THIS followed the approval OF ,hs
.ueadcu cl.ar,cr by the Superintendent OF In
.s-spce yesterday morning, and was done ao-
,srsas 70 2 resolution OF the board at the Nav
aet;iEg.
George Westinghouse of the Ryan trustees Is
a. Europe So the suggestion Of the twenty-eish,
e,-cctors vss MADE - Grover Cleveland ana
Morgan = OlSrien, In submitting them TO the
e.sec;ors they wrote:
4 viii 20 noticed upoa an examination Of the
Isl trlt 50 have subnltted the names of the
r.fse'; l0lsy holding directors. who have been
,.esie8 5s Us on upon our recommendation with
re eECeTt'on ot two, Sho cid not desire 10 serve
-ii,,ry and on,. Who. being a stockholder nre-
f.iTe5 ~ remain as a stockholding director In
issir y.ale and "a order TO make up the allotted
rraarr o.: twenty-eisht. we have selected six
SoCigiCuai pollC yAoders. which will complete
ne number which you have requested us To
.ssges; you for consideration.
The men mentioned who did not desire 10
serve further and who have already resigned
ron the board J. J. Albright. OF Buffalo. and
T. COoy Her-ick. The latter. il IS understood
tid not approve OF the naturalization scheme
7. De Witt Cuyler. OF Philadelphia is the pol
iuholding director who prefers TO remain in the
board representative Of the stock rather
than of the policyholders.
Il Was announced that George J. Gould had
resigned as a director. His resignation is Que
70 the fact that lawyers have decided that bank
ere and lnsnciers part Of whose business it is
20 take part in bond syndicatcs cannot serve
s. directors OF life insurance Companies under
The new laws. II was this that caused the resig-
nation o. c. Ledyard Blair. II was stated yester-
dsy thEt IL was thought that no other directors
Of tie Equitable wOuid have leave the board
for this ressOn-
Following Is tho slate OF twenty-eigf,t drec-
tors chosen:
u ssrse one year-E w Bloomingaale. OF New
York City; Joseph Bryan. Of Richmond. Va; John
kernanS O. Cuoss y; Y James McMahon, Of
Ton Randolph Of ST Louis; William Whitman. OF
70 serve two years-Abraham Brittin. Of New
Orleans. Charles y Littleheld. Of RoclIland, Ne:
i5pp. of cinoinnati Daniel A Tomplcins OF Char
ious. n c; Frank s. withe.bee, OF Port Henry.
To serve three e years@John y Beach. Of New
s1taphis5Es q Sew YORK City; John T Manson
q New Haven, Conn: william G Redneld; Of
FstIo5r' q Kew York 6IS'tHs ci1y % iis'''0h - "
N. y9T ss 9g 59yr Ns fTshSnes %oso 4 of sfPs
EaseRius il. OuterbrioEs. OF New York City; WAL
S ssSbr 81 r. o. y Gd%ard isSans %snstro S q Bro
In: Bben z. Thomas Easton. Penn
TIE uasn w-re divided into classes as above
~ lot. Under the law providing for the cleo
ton OF trustees in mutual companies IL is pro-
Wed that the total number Of trustees meet
lner their election and divide themselves into
two classes by Iot. one class TO retire each year
beginning IN 1905 1t was pointed out by an
Equitable Official that IL was not necessary 10
comply with this law. the Equitabl. a
stock corporation and could accept such laws
relating 10 mutual companies as it desired
The election OF directors by the policyholders is
10 be done under the general insurance law.
10 the above list James B. Forgan is an old
stockholding director. The five Others who are
not IN the present board under nomination by
the Ryan trustees, are:
John T. Manson. OF New Haven. president OF
the Yale National Bank.
Willis E. Paine, lumber merchant OF this city
Thonlas A Gillespie. contractor OF thls CITY
Ergenius Il outerbridge, of this city presi-
dent OF the Davies Textile Company. treasurer
and director OF the Pantasote Leather COM
pany. director Of the United States. Bermuda
and Caribbean Steamship Company.
Abraham Brittin, twice president Of the New
Orleans Cotton Exchange member Of the
Drainage Board. the Board OF Liquidation of
the Public Debt or The City Of New Orleans
vice president OF tho Canal Bank and director
a. the EibeTna Bank both OF that citv. and
member Of tie State Board OF Education of
louisiana
The directors yesterday appointed Grover
~
house TO receive proxies, either Jointly sew
e.ally, 20 be voted for the nominees. The Off
GERS OF the society were authorized to file the
hs.s of policyholders and do any and all neces-
soT2 acts 10 carry out the terms Of the amended
charter and comply with Section "a OF the gen.
era Insurance law.
Tie seven directors OF the class of 1906 whose
terms expire this year are Levi p. Morton, ]. B.
F0Tsau George J. Could. 9. A. Lttlehed,
Thomas y. Jordan. Il NJ. Alexander and c. Led
g8rc blair Blair and Gould have resigned.
FoTgau and Littlefield placed on the policy
holders ticket Il Was conceded the offices
OF the Equitable that Thomas u. Jordan would
Tot be re elected a stocEholding director. and
That II. n. Alexander would probably not care
10 remain IN the board. There is little doubt
that Ex-Governor Morton viii be reelected 10
represent the stock
The terms Of William II. Mcintyre and James
Gazen Hyde who will probably never again take
an active part n the Affairs ot tlle company,
expire in 1907.
The are now eight vacancies on the board or
the Eouita be. Tie five new men named yes
teIday leave three places 10 be filled among the
STOCK representatives..
After Superintendent Kelsey Of the State De
p.r-uent II Insurance had approved the amend
e. --Qui able charter yesterday, he received
proteet sssiust d from Franklin 2. Lord. repre-
seutlug the minority stockholders. Superinteno-
err Kelsey said that the protest called for no
sclio0 his part. The point at Issue was
6efc:e the courts
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