New-York tribune., 1906-08-18
ATTACK N. Y. LIFE.
POLICYHOLDERS ROUSED.
Sag Company Is Spending Funds
on Administration Ticket.

The international Policyholders' Committee
turned its attack on the New York Life yester-
day. protesting that the company has furnished
agents lists pledging policyholders to support
the administration ticket. Similar protests
have been made to the Mutual Life management
The committee has obtained possession of sew
eral of the petitions sent out by the New York
Life. The text is follows:
To Whom It May Concern:
We, the undersigned pOlicyholders of the New
York Life Insurance Company, indOrse the 'aI5-
ministration ticket" put up by the company for
eleC%iOn of trustees, TO be held this coming fall
and will vote that ticket, and recommend to all
pol1cyholders to do the same, in their own in
terest.
The committee asks that the New York Life
cease to the time of its agents and the
money of its policyholders in booming the ad-
ministration ticket, and declares that IL will
hold the trustees and officials OF both COM
panies to strict account even if it becomes neces
sary to carry the protest to the State Insurance
Department at Albany.
The Mutual Life yesterday served complaints
in the actions for an accounting and restitution
brought against Robert Olyphant James C.
Holden. Charles Z. Miller and the widow and
executrix of Jacob Hobart Herrick. former mem
bers OF the expenditures committee OF the
pany Job E. Hedges accepted service for
Holden: Bowers & Sands for Olyphant, and Mil
ler' who is a lawyer. received the complaint
personally against himself Mrs. Herrick IS
living in Monmouth County. n. J., and thus
far 1t has been impossible for the company 70
set service on her. It is said, however that
little remains Of the Herrick estate. The ac-
tlons embrace expenditures over many years
and amounting to many millions Of dollars. The
defendants are accused OF neglect In permitting
large amounts Of money to be paid out for
yellow dog" and other alleged illegal purposes
The unexpected presence of Louis A Thebaud
the son-in-law of ex-President McCurdy OF the
Mutual Life, caused some surprise in the down
town district yesterday. Mr.. Thebaud went
abroad on March /. His wife and father-in-law
accompanied him. In the morning he called at
the Office OF his firm. Charles H. Raymond &
Co., at No. II Pine street, and spent portion
OF the afternoon with John S. Wise, his lawyer.
Mr. Thebaud declined to answer any uues-
tions as to insurance conditions. declaring that
he knew nothing Of Mr.. McCurdy'S whereabouts.
He is attending TO his affairs and 10 mine"
was all that he would say, and his lawyer was
equally reticent.
Mr.. Wise said he knew nothing of his clients
departure for or arrival in this country until
yesterday. Mr.. Thebaud wore a shaggy beard
OF several months growth. Friends and ac-
ouaintances failed TO identify him at first
glance. At Morristown last night Mr.. Thebaud
said that Mr. McCurdy might be home about
September l.
District Attorney Jerome learned OF Mr.
Thebaud's arrival, but would not discuss It. 1t
is presumed that Mr.. Thebaud arrived In this
country by way Of Boston or Montreal.
The rumor that the McClintock- Holden cOrr,e-
spondence furnished by the international COM
mittee had been turned over to the District At
torney could not be confirmed.