Salt Lake Herald-Republican | 1905-12-28 | Page 3 | Elected Vice President

ELECTED VICE PRESIDENT Emory McClintock Put in Charge of Affairs of Mu Mutual Mutual L Life e New York Dec McClin McClintock McClintock tock was elected vice president of the Mutual Life Insurance company at the I meeting of the board of trustees today I Mr McClintock is a native of Pennsyl I Ivania vania Mr McClintock is to be put in active charge of the technical affairs In addition he ha was elected a trustee today as was also President elect Charles A Peabody They were chosen to fill the vacancies made by the resignations of Elihu Root and Rufus W Peckham It was voted to put aU all general agen agencies des cies on a salary basis after Jan 1 next instead of a commIssion basis Two of the foreign agencies are to be dis discontinued discontinued continued the Australian and the agency at Copenhagen Acting President Frederic Cromwell Issued a statement about the purchase of stock of the Lawyers Mortgage company which was bought out during the legislative The whole affair Mr Cromwell said upon investigation proves to be bea a transaction of one of the trustees who purchased 1000 shares of the stock at the price of issue and who gave some of his friends an opportunity opp to share in his purchase Mr Cromwell said that examination of the minutes of the finance commit committee tee showed that the stock was never offered to or considered by the corn com pony pany