New-York tribune., 1906-07-30
MR.. TWOMBLY RESIGNS.
OFF THE MUTUAL BOARD.
Richard OI11eg and B. n. BaAser to
Confer on Ticket.

Hamilton Nick. Twombly has positively declined
reelection on the Mutual IAfe's administration
ticket. Mr.. Twombly has been a member Of the
company's board Of trustees since 1900 He is a
director OF the Chicago & Northwestern Railway
Company and dozen other railroads. as well as a
director of the National Bank OF Commerce and
various other banks and trust companies. Mr.
Tsyombly was nominated by the trustees at their
meeting on July H. and his name was placed on tho
ticket filed in Albany the same afternoon.
The Peabody Rogers interests. it is said. earnestly
wished that Mr. Twomby's name should appear
on the ticket, he OF the few trustees
who successfully wtthstood the ordeals of the spe
cial insurance grand jury and the Armstrong and
TTuesdaie committees.
On tho day following Mr.. Twomblys departure
for Europe it prematurely reported that he
had filed his resignation from the board with Presi-
dent Peabody. At Mr.. Twombly's Madison IN. j.
home Tribune reporter told last night that
Mr.. Twombly was in Newport No authoritative
statement was forthcoming to the reasons for his
refusal TO stand for reelection
Should the Supreme Court in Albany. in the man
damus proceedings now pending, decide that In
suFance Superintendent kelsey has power 70 re-
move from the administration ticket the names of
the four international policyhOdeTs committee
nominated without their consent. this will
leave five vacancies on the ticket.
Mr. Twombly's refusal TO the ticket has
been in President Peabodys hands for several days.
1t is said Mr.. Peabody Withholding the fact in the
vain hope that Mr.. Twombly would reconsider his
decision.
Bernard n. Baker, of Baltimore, Nd, president
of the Mutual Life Policyhoders Association, on
his return from Europe has sent a telegram TO
Richard Olney, chairman of the International
policyholderS' committee asking an interview TO
consider the question of joint policyholders ticket
between the association and the committee. The
interview will take place probably Tomorrow,
The executive committee of the international COM
mttee will meet the day.
James McKeen, solicitor Of the Mutual Life, Will
file with Justice Howard, in the Supreme Court,
Albany to-day, his brief in the mandamus' pro
ceedings
Mr. Baker returned from Europe on the St.
Louis Saturday evening. While in Europe he
had several conferences with Wilfred Lawson, sec
retary Of the British committee of the association,
Ullmann, Of Vienna member Of the associations
executive committee Mr.. Baker, in an interview
issued yesterday. strongly criticised the Mutual
Lies administration ticket, and the nomination
Of the four international committeeman. Should
the policyholders elect the administration ticket.
they would have voted to permit "a group OF New
York fnanciers to use their funds a financial
pool for speculative purposes" Mr.. Baker was in
favor OF the naming of a polcyhoders ticket be-
fore August 90
Regarding the international committee he said:
myers committee had substantial backing we have
appreciated that union should be had on a single
ticket which all Mutual Life policyholders could
support. We have therefore, made no commit
position WELL
The association will begin to-day to mail its first
circular to policynoders of the Mutual Life