New-York tribune., 1906-06-01
RYAN PLAN OPPOSED
l4PPPOVED LITTER DEBATE
Old Men Still in NeTU Mutual and
Equitable COMMITTEES.

y-,sxra-red imposition TO the plan for semi-rnu-
s,,slzaton OF the Equitable Life Assurance society
aa,-.lor.a AZ the annual meeting yesterday. when
o-roers were elected ana appointed ana stenoiNs
committees named for the ensuing year
re- Mutual Life trustees met also ana elected the
x.s,efnr committees The nomination OF Presi-
de,t Pea body. under the new bylaws Ihose VINO
80 looked for a radical change in the names on
-be iy,oortant committees VIII be disappointed
,a 4-ee members of the expenditures committee
who are now being sued for alleged neglec1 Of duty
IN not checking the Lawrence-F1eids leak IN the
fnances OF the company, were ignored entirely IN
,ra -,ste-rp OF the new committees. The members
~ ,be old finance committee. which has come IN
.o- much criticism because OF The lavish way IN
which !; raised salaries Of President McCurdy
ana other officials all receive recognition IN the
makeup OF committees. with Jhe exception
OF George G. Haven who. il is said was left on
a. his request
Following the personnel Of the new committees
OF the Mutual
Fqnance-George r. Baker. A. p. Juillard Fred
ere Cromwell ADRIAN lselin ane James y2iisI p
Dixon. Charles Lanier. Charles S Brown ana LOUIS
Insurance and Agences-JuIien 7: Davies; Henry
u Rogers, Hamilton NICK TwoTnhly. william II
MorriIary C'lairns-Charles d. Dickey, Cornelius
V12ssTs Lr0y STRgs R5enol6ss e theodore Nor
ford. 6. P. miller and William c. Mcmillan.
President Peabody is chairman and vioe-Presi-
dent McCIintock is a member OF all OF the above
committees except the last
The entire makeup OF the general committee
which Il 20 be composed Of one trustee chosen
from among the membership OF each OF The above
committees by the itself. with the presi-
dent and vioe-president ex ofco, has not been en-
rtYely determined This is a most important com
raiftee IN that ii has power 20 consider subjects
not within the scope Of any OF the other committees
snd 70 limit the amounts OF money be invested
under ther direction and recommend all salaries
,rhs new hnsnoe committee is composed OF five
erIzstaas exclusive Of ofacio members. whereas
TIE old committee contained six As under the
new tviavrs- one OF the members Of the new CON-
ra1zea had 20 be trustee who had not served on
tie ooEnzairnee the previous year, two Of the old
men had 70 60 g. G. Haven was one Of them and
Charles r. Henderson the other. The latter, how
ever was placed on the real estate committee The
new uaTnber is Ar. Cromwell
President Peabody said that not only Mr.. Haven
buf also Herman c. Won Post and George S. Bow
dOin had requested that they be not assigned 10
any committees Il is known that Ny. Won Post
VII NOT stand for rs-eiection, and 81 Is assumed
rha. the tFo others expect retire from the board
after this year When il was suggested 20 Presi-
dent Peabody that possibly some one might crit
else him for reappointing most OF the members OF
the old finance committee he said:
i an satisfied that the records OF all these men
are above reproach or 7 shouldn't have nominated
them. have seen no evidence 10 show why they
should not continue 70 serve
President Peabody said hat none other than
mentioned haG asked 10 pe relleNed
serving on committees. Asked 20 the noticeable
fact that not member of the Ole expenditures
COMMUNICATIONS Olyphant. James c. Holden and
Charles z. Miler-is placed on the new committee.
he said:
wei. you see. all the members could not BE put
on C0umirrees
It is assumed that they VIII not be named for re-
election On the management ticket of trustees. G P
Miller. made member OF The auditing committee,
is one Of the new trustees. ana lives in Milwaukee
al F,~T q.
former general agent of the Mutual Life settled the
claim Of his client against The company for Ss5oo
Nr Mcmillan, u 1tis committee, IS also a new
trustee. HIS home IS IN Detroit.
". X Stevenson. for several years controller O.
the Rock Island Railroad system. was appointed
controller of the Mutual Life. He takes the place
OF ". " Richerds, VINO has been placed n charge
OF The real estate department.
The scandsl0us revelations II how things were
conducted under the old management. as brought
CIT by the insurance grand jury. were rot a SUD-
5ect II discussion II the meeting yesterday ac-
cordirg 70 President Peabody Re said he had
asked Walter S. sullivan. present head of he
supply department 20 look over the old books
N which were smugEled away and are now n ne
HANDS n District Attorney Jerome He : anxious
10 get specific Information about he bogus ac-
counts and bogus Arms, and says thar suits for re-
coverT Win he brought against any one who II
can he shown received any money Of The cor7rany
Illegally.
The Trues52l committee made 70 report YES
terday but VIII have the final report ready for tht
next meeting
PAM Morton was reelected pres15ert of ~
Equitable. The place OF James Eazen Hvse al
Hrst N1ce-president. was filed by the election n
William A. Day, who has been controller OF N
society FOR some months He was reaupo,n-e5 I,
the later position. Il is ssd viii be v1ce-p-es,
dent only until another man can ne selected tn
board made the following appointments; v-yrr,sr
AieIaneer. secretary; Joel G. Van else s-ruar,-
William A Day controller, and i. R. Winthrop
President Morton announced TIE following q,
pontnents, which were confirmed BY -ha r.osr5
cage z TarbelL. second vce-p president: George 7
Wilson. third vice-president: s s McCur5v ss
sstant secretary; c. 2 Phelps. assistant secretar,
NJ Murray, assistant treasurer: W 3 Bre-rne-
assistant treasurer; @ r. Brown deputy cortroue-
and F. ". Jackson. auditor.
The following committees were appointed:
Executive counittee-The president the ,.fos
fresioe-t G B. AleKander. James 2. Forgau. A g
Humphreys, A. " k-ech. Levi p Morton TK-sI7ac.
L Pierce, Y. p Snyder. Thomas SpraJt !. Edvysr-