The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-04-07
HIRAM TYREE
MAY STEP OUT
His Resignation, It Is Said, Likely to
Be Presented to Board of
Directors.
SPECIAL MEETING TODAY
INSURANCE CoMPANY's AFFAIRS
MAY BE UNTAN0LED.

hiram Iyree. president OF the C-0a-
, MA ne IN trance . Inve-tment COR
Z uoiI 20 the board Of directors thts o-7, -
I ms "a a SPECIAL meet ng called ID
( StfalShten OuC the sQuaEble i'm which b.
! company has been involved a. ma
/ tune whether IL. Tyree yrIIl act ac,.-,rl.-
1I1s9,,,1,,.. - ,iSiS or some OF Ia
/ H.e'-l.IelS or Inc board remains 10 he see o..
Tut they declared Ia-t evening mat ne
I The call for the special meeting This
! H-'t ilills rs Se.-e Qua . mort tine az
aIler the trouble had become so s-r.,- =
I tHdt Ihe directors began 90 Te1liZe Cras-
/ TIC measures " ere necessary 40 ord me.
dlscord once ard fo- NJ! tins. If possible
mere are lneu IN the uIre,..ula lt. VINO are
among the substantial business mon III.
/ ne cOmmCGltie s IN which thev live ard
! these who arrived in the civ ,asfa~5s =
CNpAe7S@d 4 dete I'm nation that the af-
I%lrS OF the company shall be straight
Several men ere talked of>as the sue
cessor or tyree- but no definite inforlua-
ION couid be obtaired Inst night as 10
VINO would tie selected OIU. TVre4 would
.IIt De seen IaSJ night 10 affirm or deny
thi9 report. although he was informed
( tha[ q settlement from him w@s desired
II4L-CIS the men mentioned Ia succeed
nm sc; II. j. WoclacOtt. president OF
IN State Bank < Trust company al Los
tAEgeieS: y l. stone cashier OF the State
bank Of Dillon. Mont: r. i Steei z
bc2eraan n, Mont: Charles WEBB Howard
president OF ne Spring valley Water
Mccormick, banker, Of Salt Lake City.
Clans Have Gathered.
,.&ost Of the members of The board OF
directors who VIII attend tie meeting
arrived i'm the city yesterday afternoon
anu lhe MAJOR portion of them are guests
a. the Wilson MIR. Tyree did not arrives
uT III! last night, ard he went Immediately
10 the office OF the company in the Atlas
building The different cliques held cat,-
cCSeS 10 discuss the situation from their
respective 'StandDoints XVhether- T-vraa
agreed 10 retire for the good ct the bust
ness Of the company could rot be def
utteiy learned The statement was nada
.rH F-f--
Francisco determined TO stand out II tne
last against the wishes Of some Of the
board he was elected by the stockhold-
ers .+rd Fl Il ll7ldal,s4 bod that l,.s-,.ar-ro-
BE- CeposGd 5y-- tiTe- -eiFeerers- s-tiirr that
sEo' he resign the board has tAc power
on s-.ctIuE Ills successor
g. fLsE Crs-loyz-i Il--tRe- GitEz area. I.
Stoise ard former State s5s7atsF u ?.
iugS. Mont, II J. Woollacott and ". w.
Wylfe of Los Angeles: George Anes.
Charles C1rpE ard .Dr- y MCGillvcuddv
Of San Francisco. J P. Reid of Bozeuan.
Mont. ard p G. Jensen Of Mt Pleasant,
Utah Gavin MCNaD of san Francisco,
V(est ern Agencv COMPANY which has a
contract to furnish business for the life
insurance company are also IN the city
Frank Pierce Of salt Lake. counsel for tho
w s. Mccormick OF Salt LaFe. who is a
director, viii attend He declared last
being mentioned in connection with the
presidency and that he did not know
] NTee was expected 10 resign
The telephone in Tyrees office was
kept busy until late last night. the
president was called ND by the different
cliques- Dr. McGillycuddy Is said 10 stand,
out for the resigna ton of Tyree and
when these two meet this morning there
may be some discussion between them,
over the action of DR.. McGilycuddy to-,
ward Tyree's stenOErapher in their office
in Sar Francisco DR. McGillycuddy Is
vice president and the story goes that
while Tyree was absent in Chicago last
mouth the presidents stenOgrapher was
orders should
the cOmpany's mail. He received curt
telegra m from Mr.. Tyree informing him
that he could be removed from office by
the president and in effect 10 look more
sharply to his conduct.