The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-06-01
VIEW wrTrAL COMMsTTEE&
rhe Administration Apparently standing
by the Oid Trustees.

A. a meeting Of the Mutual Life Insurance
C~onpany'a board Of trustees yester; ay
President Charles A. Peabody named the
now committees. With the exception OF
the men who were on the COMMITTEES on
expenditures, practically all the trustees
who were willing 20 serve again were re-
named. The new administration evidently
intends to stand by most II the trustees
in the old administration and name them
on the ticket which II will present to policy
holders for their votee next December,
George G.. Haven and Cherries X. Hender-
son are the only members Of the old finance
committee whose names do not appear in
the new one. Mr.. Haven, 1t was said, re-
ouested that his name be omitted, and Mr..
Henderson was transferred to the newly
created real estate committee. Frederick
Cromwell. former treasurer OF the company,
was named on the finance committee in
place of Mr.. Henderson. The new commit
tee consists OF seven members. instead Of
eight, as in former years, 70 that no sue
cessor was needed to Mr.. Haven. With
Mr.. Cromwell, the committee is made up
now az follows:
President Peabody, chairman, Emory
McClintock, vice-president, George F.
Baker, A. D. %Juilliard, Adrian Iselin, Dr.,
and James N. Jarvie.
IL was shown at the Armstrong inquiry
that nearly all the members OF the old
finance committee had participated in
syndicates in which the Mutual was in
terested. Mr.. Baker and Mr.. Juilliard
also were on the subcommittee which
raised President McCurdy's salary from
$lO0, 900 to $50 900 a year. The mutual
Life is itself suing Mr.. McCurdy for the
recovery of this increase. Referring to
as we'll as to all the other a%ppointees, Mr.
| Peabody said Yesterday: 49,,
Il am satisfied that the records OF all
of these gentlemen are above reproach,
and have seen no evidence OF any reason
WY The amount which Mr. Mccurdy should
have got as salary, Mr.. Peabody said
was a matter of individual opinion. The
company is suing to recover the increase
because the subcommittee which au-
| thoriZed il had no standing In law. mat,
in his opinion, did not reflect in any way
on the sub committee.
The expenditures committee was done
away with altogether, The members OF
this comittee were Robert Olyphant, James
G, Holden and Charles E. Miller. They
supply department and on the padded bills
of La wrence & Co. The company has already
brought suit against them to recover
moneys lost through alleged negligence
Mr.. Holden also was dropped from the
insurance and the mortuary claims com
claims committee. George s. Bowdoin at
his own request was % omitted Hsen. from z t the
Post, also on request, from that COMMITTEES
and the mortuary claims committee. Some
were not put on committees because they
live too far away from the company's home
offices. Here ia the makeup OF the re-
naming committees;
Real ~estate-Charles r. Henderson. VIII
lam B. Dixon, Charles Lapier. Charles s
Brown, Louis Stern. President Peabody
yice-President McClintock.
Insurance and Agencies-Julien T. Davies
II. II. Rogers, H.. McK. Twombley, W. h
Truesdale. Dumopt Clarke. President Pea
body, vice-President McClintock.
Mortuary Claims - Charles d. Dickey
Cornelius Vanderbilt, Leroy Springs. Hugo
Barring, President Peabody, Vice-Presiden
McClintock.
A~uditing-John W. Auchincloss. Theodor'
Morford q p. Miller. William c. Mcmillan,