The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-10
the directors can be chosen in any one
Organization Necessary.

-
f policy holders have been formed
arious parts of the United States a
n foreign countries, each independe
I the other. These associations ha
nited in an appeal to your commits
0 act with the entire body of poll
olders in the selection of candidat
Or directors, thirty-six for the Mutt
nd twenty-four for the New 70
life.
THE foregoing and the grave abus
I trust that gave rise to such legisl
ion made necessary the organization
our committee. Neither the comm
ee nor its general counsel will &
ept any compensation for their ST
ices. Our nominees will be repres :
atives Of every section as far as DC
ible, but under the law one-half
ach board must be residents of t
tate of New York.
1T will be no part of the duty Of tt
further to investigate :
7rongS and abuses. some of which ha
cen exposed by the recent legislati
and by the inquisition
he grand jury which is still und
7ay. Within the brief time which {
committee was able to q
ote to that phase of their investig
ions it was impossible for them
ouch upon the administration of t
banks and trust compant
r to GO beyond the mere surface of t
buses which were uncovered.
Grave Duties to Perform.
Certain suits have been begun
ecover moneys claimed to have be
wasted or lost, and
; charged that other suits should
commenced. The further investigate
he prosecution of such suits as ha
cen begun. and the commencement
urther suits if any. for restitutiC
1ill devolve upon the new manag
lent. Those matters will constitute
Ort of the duty of this committee.
1ill rest with you TO determine Wheth
uch efforts to secure restitution can
IOsecuted with greater freedom a
Justice TO you by the directors unG
whose administration the acts We
or directors named
hem, or by new management viii
as had no connection with and is U
er no obligation to the old officers.
when from the names which
ow invite you to submit to us I
we have nominated ca
idates for directors, we shall ha
discharged the responsibility resti
IpOn US. The election of candidat
rill be entirely in your hands. The
ectOrs now in power have nominal
IT will nominate for each cOmpa
What is to be known as the administI
ion ticket, the machinery of viii
hey now control through their poss,
ion of your property 10 defeat yo
andidates and elect themselves
heir nominees.
Should Disregard Agents.
LAS your representatives in this ca
'aign we advise you to disregard t
nfluence which will be brought to be
Ipon you by the local paid agents Il
O exercise in this as in any ott
lection your own independent and
ividual judgment in the choice of I
nan who shall from this time fOrWa
ct as the trustee of your insurar
awnings.
IF you as a policy holder will
exercise this personal cho
nd do what you can to so instrI
our immediate friends who are poll
olders as that they shall not be miSl
y the efforts of paid agents the ST
ess of this campaign in your intert
) assured.
1T is not the purpose of this NOV
nent to disturb the actual working (
anizationS of these two companies c
ept SO far as it may be necessary
erect the abuses which are the dir
esult of mismanagement at the exc
tive Centers.
The expenses of this campaign mi
'e borne by the policy holders.
csts over $4,000 to place a circular
he hands of all policy holders.
Contributions Needed.
"A committee of finance will ha
barge of all receipts and expenditul
nd will see that all contributions !
eived from policy holders are expend
n their interest. At the completion
he campaign a detailed expense
,ort will be rendered.
ull belief that this movement is O
# the most important which has eN
,een instituted in this country. VIC
committee feels free to urge you as
TO forward TO the secl
airy such voluntary contribution (frC
l upward) as you may consider it yO
privilege to make.
Should the policy-holder give {
,ression to such a desire, this comm
ee will endeavor to form a permane
organization which "
ave the following for it's objects:
"A-To maintain a vigilant sup'
'ision of the conduct of the business
he companies and to make an indepe
ent audit of their books through cha
cred accountants employed by the ,
sanitation.
BIO require the annual distrit
ion among the policy holders of [
ividends to which they are entitled a
o prevent as far as possible the und
Increase of the vast accumulate
Which are the prolific sources
TO mismanagement a
waste.
"C-To furnish the beneficiaries
he policies which mature, by death
therWise. a means of ascertain
whether the sum that is being offer
" the company is the full amount
Which the beneficiaries are entitl
Under past and present conditions til
must take what is offered and have
PRACTICAL redress or way of ascertai
ng what is due them.
Will Prevent Enormous Salaries.
'D-To prevent the payment to {
Ulcers of the companies eXorbita
alaries. the use of the cOmpany's fur
or political purposes and in the e.
upton of legislative bodies
''E-To see to it that the $33.000