New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-23
MEET DU POINT
TO CONSIDER
NATURALIZATION
Old Equitable Committee
Appointed During Nor
gan Regime, Revived,
GENERAL LACKS
DEFINITE PLAN
Insurance Superintendent *
pected to Issue Statement on
Proposal To-day.

The naturalization committee OF the
Equitable Life Assurance Society heId
its first meeting yesterday with Cen
eral T. Coleman du Pont, who recently
obtained stock control Of the society,"
to discuss plans for naturalization ~"
announcement of a tentative plan was
made after the meeting and no date
was fixed for another meeting.
The Equitable issued a statement
saving that the meeting was entirely
harmonious in favor o. naturalization
on practical lines. General du Point IS
sued a statement through his counsel
Thomas 1hacher, reiterating his desire
to accomplish naturalization as soon as
possible. The society's statement was
in part, as follows:
Pending General du Points further
consideration of the necessary steps 10
be taken 10 effect naturalization, the
committee adjourned TO meet him again
as soon as it shall have given the mat
ter further investigation. As any plan
recommended by the committee must
have the approval of stockholders,
rolicyholders and the Superintendent
Of Insurance, careful preliminary con-
sideration of the entire subject matter
involved by General du Pont and the
committee is obviously advisable
New Problem for du POnt.
The following statement was gwen
out at Mr.. TEACHERS Office for General
du Pont:
General du Points desire is that, so
soon as possible, there be brought
about through proper channels mu-
tualization Of the Equitable Society
satisfactory from the standpoint OF
policyholdecs, so that the pollcyhold-
ers in the future, as in the past, may
have complete confidence that the al
fairs of the society will always be man
aged in their interest-such mutuall-
zation as the management OF the so
ciety have for some time been trying
to find a way TO accomplish.
"The problem being a new one 70
him, he, of course, cannot announce a
definite plan at once. But he hopes
that il NAV be soon solved, and to this
end he is ready and anxious to CO
operate TO the utmost OF his ability. In
the mean time, the insurance superln-
tendents, directors and oihcers VIII ma
him ready at any time to cooperate
with them in any way to strengthen the
society or increase its usefulness to
the policyholders.' =.
The membership of the naturalization
committee, as given out at the Equita-
bic Offices, consists of Thomas Spratt,
John D. Herman, Henry W. De Forest
Frank S Witherbee and Joy Morton.
With the exception of Mr.. De Forest,
who took the place of the late ROBERT
Nather, it is the same committee which
was appointed four years ago to con-
slider plans for naturalization, after
j. P. Morgan purchased stock c0ntl oil
of the society from Thomas F. Ryan
Some surprise was expressed yester-
day when it became known that the
same old naturalization committee had
been revived.
Superintendent Hasbrouck of the In
surance Department recently wrote to
General du Pont in regard to the mu-
tualization matter. He was in Albany
Yesterday. On Monday he said he
probably would issue a statement IN
regard to the proposed Equitable mu-
tualization to-day.