New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-27
IDE TO FOLLOW PEABODY
Still Mutual President Denies He Is
about to Resign.

In spite Of the fact that Charles Z. Peabody
reiterated his statement that he had no irten-
ton OF resigring the presidency OF the Mutual
Life, The Insurance World" yesterday went so
far as 10 say that George Z. Ide would soon re-
place him. This prophecy was supported by an
account Of private conference at the Mutual
Life Building last week, which Mr.. Ide attended
hy invitation and at which he took an active
part in the discussion Of the company's affairs.
Mr Ide is president Of the Home Insurance
Company and made an excellent showing on the
witness stand before the Armstrong committee
His company was about the only one which
passed muster in every direction and he was
eomplimented hy Inquisitur Hughes for the CON
servatiye manner I'm which it was managed.
The fact that Mr.. Ide IS a brother-in-law Of
Francis T. Hines. vice-pres,dent Of the First Ma
tonal Bank, was pointed out yesterday and
given as another reason for his selection when
Mr Peabody decides TO return 10 the law
i have not Vet been rendered the position bv
the powers that be ia the Mutual Life" was srr
lde's answer 20 questions on this subject yes
terday Beyond that DO not care to ~ Il
this time"
II have absolutely 10 intention 81 restr-irr"
declared Alr. Peabody. and there the --at+ar
stands.
W. d. Iruesdale. chairman 81 he 1rutuar T3fa
1n<ts-eaii1g committee said Yesterday mar ba
\ hIe" Of no reason why 1Tr Peabody s-.,,r7 q.
u sign. and that he had never heard -ra e~gyae
'..' made by any ~ me trustees ~ officials ~
7e SAID t1at s. far - he knew
.'..'-y haa 70 intention u resigufug
J--se Andrew Hamilton. srirl- and s-s- "
usual. and looking IS better res-.l. .,-. ~ II
'.. since Dc returned from Paris reaopa5 ~
S-t tFam Albany Eezre-5a-- s+-z-,-
I'D MS aEr rrLeurs j. Tie ar1ir.-r--, -
man $3.50 -,sl aToIea into The lobby or f6e i5off
- 9 -y,hlhs more taar T have to ea,. yin he ys,7
rff.-. 5'-- .Ae and place but as to the
has .---+---. "--'s-l said, woe rs The man who
.--ll1a-lctea ue-r With MIS- ri.I,-i-- a. ~, ~
--'-' me crowd OF reporters ,,-r- 49, s =
..''- h.fn had 10 n- content ETo 1-5,.I5 -
--1s7 possible visit % The Dfs+-f-- $500 - 10y
- --- A- anything 10 say REGARDING, ne ln,7Sg
-i-eE which the Fowler ra57rr-ff+a- go. - 4 S
-rf.,--.7 ne VIII remain ID the city until
.r,---,-,- - .-l (. ls NOT likely that he viii have
-.---s al Importance 10 say on Insurance
-s-i,--...-.- fiigly learned yesterday that the
a. '1faLHI- Trce-rreSilerrg of t1e NT,,r7,o1 tf
RI ALREADY Pa tna hands Of President Pear,~Sy,
-.....s -aa nothing % add yesterday 10 the
.. .iI.a Ie made 90 The Tribune on
-a-sE night hlr Grauris 5f5 nor cor-a A.
from Norrlst0vn YESTERDAY. '
is understood that the annual election OF
meeting oh "Wednesday. The committee an, b,-
Jaws. TOT whose report the trustees are waiting
-.- .-'- YET completed IT'S labors and further
t'elI"lemelt Is necessary. It was intfr,sre[
yesterday that the company NAV be IIsire ~.
report as au excuse for holding OF the
t-s.t.- until the reform insurance bills ar,
h- annual meeting OF the Metropolitan Lii,
"iI 'e held on April 10. and notices are beine
sent oCt 10 polcyholders who have more than :
year standing. There rs 10 doubt that tb. y,rae
.l. management Win elect IT'S slate. a. there II
little or no opposition
The story that the Equitable Society has beer
cefrauoed by collision Of one of it's agents Viii
other people ia the vicinity OF Wheeling w va
70 nc extent or IN least one 5000 policy. II wa
said at the societys building is fr1Ie bct1v-
measures VIII be taken 10 see that an OF tn
parties engaged IN the sWiudle are sun7rnsr iI,
dealt with The society has no knowledge q
having been sU'lnGled except fl this one case. bu
y There are any other cases they VIII pr0ta bIr
oe developed ly the investigation