Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-07-18
ROGERS EXPLAINS
Tells Why He Don't Want
to Be Trustee Of Mutual. i.
Standard Oil Has Nothing to do
with Company, He Says.
william Rockefeller is Also Out. List Of
Trustees Is Nominated.

New York, July 1.-THE committee
OF trustees OF the Mutual Life Insur-
ance co. appointed to nominate a new
board of trustees to be voted for at
the annual meeting of the COMPANY in
December made its final report today,
and in doing SO disclosed the fact that
Henry II. Rogers and William Rookie
Teller had Withdrawn from further CON-
nection with the committee. When ask
asked as to the cause of the action.
President Peabody on the part of thu.
STANDARD Oil interests gave out the fol-
lowing personal letter from Mr.. Rogers,
which he said spoke for itself and up
on which he would make no further
comment. The letter dated July II IS
addressed to Mr.. Peabody and reads
in part follows.
Now that the committee to nomi-
nate trustees for the Mutual Life In
surance Co. has performed its duties, I
see no reason for longer retaining from
you an explanation Of my unwillingness
to put my name forward for election
as a trustee.
THE statement has been frequently
made that l caused your election to
the presidency of the Mutual Co. No
one knows better than you how false
this is. You know that l had but the
slightest acquaintance with you before
your election; that l never exchanged
word with you respecting your cam
didacy, nor was 1 in any sense the in
spring cause of your selection.
apparently the people who are most
active in their hostility to the present
administration are using the fact of
my connection with the Standard Oil
Co. as a ground for criticism. While
this is a sufficient reason for my re-
fusal to be a candidate for trustee.
since no one has a right to put such
large interests III jeopardy for the
sake of achieving a personal vindica-
ton, it is yet true that, aside from
| the relations of Mr.. William Rookie
Teller and myself as policyholders and
trustees, neither the Standard Oil &C.
nor anyone occupying an official posi-
| ton in that corporation has ever in the
slightest degree had any business or
| other relation with the Mutual Life In
surance Co And in the case of Mr..
| Rockefeller, who is now absent, his
policy matured some months ago and
was paid and therefore he is no longer
q policyholder. He also wished to be
relieved from any further service as 4
| trustee.
| In closing my connection with the
| Mutual l feel that | am bound to put
these facts in the Company's records
1t is with some degree of pride that l
say that our service of trusteeship
| when subjected to the closest scrutiny
will be found one of absolutely UNI
selfish devotion to the interest of our
| fellow members.
| In giving out the list of trustees nom
| mated by the committee it was an
nounced that acceptance had not been
received from all the candidates. but
| few or no refusalS are expected. From
a source of information that should
be authoritative it was learned that
| President Peabody would not be a
| candidate for reelection in the sense
that he would make any effort to sue
coed himself The full ticket IS as fol-
lows:
John w Auchncloss, George F.
Baker. Hugo Barring, Charles 5.
Brown, Dumont Clark, Frederic Crom-
well, Cyrus Curtis, Julien T. Davies,
Charles d. Hickey. William p. Dixon,
H. Rieman Duval, George Gray. Charles
r. Henderson, Harlow N. Higginbotl-
lam. James N Jarvis. Augustus u.
Juilliard, William II. Lambert, Charles
ILanier, Sir Hiram Stevens Maxim.
Emory McClintock, William {. NC
Milan, George F. Miller. Theodore
Morford, Thomas M. Mulry. Charles ~.
Peabody. Emile Oscar Philippi, Henry
Phipps, Alfred NJ. Shook. Leroy SPRINGS
George c. Rand. Louis Stern. Henry W.
Taft. Renj. F. Tracy. William H.
lTruesdale, Hamilton Nick. Twombiy
land Cornelius Vanderbilt
| Those designated to act AS proxies
lat the annual meeting are: James NC
1<eon general solicitor of the company;
edwin S. Marston. president OF the
Farmers Loan & Trust Co. of Ne"
lYork and Henry Evans. president OF
the Continental Fire Insurance co. OF
New York.