Show POLICY HOLDERS SHARE Now New Ne York March 21 A plan for Cor the larch gradual admission of the policy holders of or orthe the Equitable Life Lie Assurance society or of orthe orthe the United States to share in the control of Its affairs affaIr was adopted a opted by the directors of or the society toda today The Time plan provides for an amendment to the char charter charter charter ter so al that eight of its two directors 8 shall at it the time expiration Of four years have been elected sheeted by b the he policy policyholders policyholders year holders and an the time remaining bY tw four fourby holders by the stockholders Under the new plan seven of the thirteen directors director annually elected will trill be chosen cho en by b the thc policy hold holders holders ers and amid wi six b by the time stockholders The ho new now er method metho of or control will wi thereafter become I effective after four au years ears |