New-York tribune., 1907-05-28
OFFICIALS TO CONFER.
VIII attend Armstrong Insurance
Hearing at albany.

John c. Mccall. secretary OF the New York
Life Insurance Company; James McKeen, general
solicitor Of the Mutual Life. and representative
Of the international committee will attend a final
hearing the amendments 10 the Armstrong in
surance laws 20 be held by the Joint legislative
committee in Albany to-day. Representatives Of
the companies viii oppose the restriction in the
proxy method OF voting. although 1t at first
proposed 10 do away with proxy voting altogether.
But K IS asserted by the companies that the
amendment agreed upon by the committee which
makes il necessary for the voter send in his
ballot with his proxy his proxy holder, does
away with all the simplicity of proxy voting They
say that the proxy vote is the only the
counting of which trouble experienced in
the present election
The companies also object to the proposition OF
having the ballots numbered seriay, declaring that
II will not do away with any Of the steps neces-
sary in counting the old form Of ballot and will
make additional work in sending out the ballots
and in checking up the numbers when they are
being counted
The form of official ballot suggested is the same
as used in public elections with a column for each
ticket over which is a circle in which the voter
places cross for straight vote. a split vote
is made by marking a cross opposite the name Of
each man voted for. The feature of the ballot
however is a stub which bears the Of the
pocyholder 10 whom the ballot is sent and a serial
number corresponding 10 the number on the ballot
Iles- stubs are retained. and when a ballot is re-
Iunfa II is compared with the stub OF the same
es mat Of the polcyholder TO whom the ballot was
The International committee holds IT should be
tS5Cnled tlat the man TO whom the ballot ad-
~ ~ E's7ed IN me mails received II and signed it II
II is returned with his name signed 10 IT. 1t holds
th2t this viii prevent forgery in the sending in OF
OF voting themselves
point out that. even assuming the ballot signed
ny me proper person, it would still be necessary to
election; TO see whether the who signed it had
ROT died or his policy had lapsed between the
time he signed the ballot and the day of election
~ vas reported in the Criminal Courts Building
Eeses!!;Gax ; mat some indictments might follow the
Ineni OF the Equitable Life. which under the
na hSeiTy @I a special grand jury among the wit
treasurer Of the Mercantile trust Company: Nj
the Equitable: Mr.. Behaf inspector In the once
o. the state Superintendent of Insurance. and half
pleted by THURSDAY it is UNDERSTOOD
The committees Of the directors Of the Mutual
feseINe appointed 10 go through every detail Of
taf oTganlzation and management of the company
LelorIns and reducing expenses began work yester-
cay The retrenchment committee. probably the
Harper. DR.. ]. W Bowden and AIva Collins AS
result OF the first days work IT intimated that
able to reduce expenses by at least soo year
ATGMbald a I'D oi5 hsynes the G neg president said
every dollar Of extra expense, and are addressing
When feel that has been done we shall en-
oeavor to increase our new business on lines laid
Mrs. Charles Wilson OF No 2505 Humboldt
street, Minneapolis has sent An affidavit to the
International committee saying that some person
in charge Of affairs in the Minnesota offices Of
She CID so. she deposes, on the Understanding that
Of the company in a regular way.
By vote s Of nth the agsncy conmittee Of the New
10 go 10 Europe within month TO Inspect the
dfferenees With the governments me Of Czermanv ard
Switzerland He will be gone Elk or eight weeks.
The monthly meeting OF the trustees Of the
Mutual Life comes tomorrow.