Show THE INSURANCE NCE ROW We Ve are inclined to agree with young oung Mr Hyde of or the Equitable Life Lite As Assurance AsI uran ii e society that the action of the I a in demanding that he heI I resign from tie the vice Ice presidency is U t J U rj 1 and usi moot Tio t preposterous Mr Hyde B te ad added adI ded deti that timit th t he had no intention of Q re I Under l similar circumstances t men would feel teel as IMn Mr Hyde f ls He occupies a higher hi her j position tn th ar any general agent higher high r than alt ali of o them l In addition ad tt an we must not overtook overlook the detail that he owns 51 1 per cent of the stock The general agents are men who work for the tIme company Their business I is to solicit life insurance and to see that such agents a ets a as aa they may ma have un under under der det them attend faithfully ll to their the r work olk It i ia quite probable that if Mr Hyde Fl de desired d to 10 do so he lie could bring about bout the discharge of every everyone one of them Nor ot is 15 there t ere any getting away from the fact that If they the are not sat satisfied tailed with willI the conduct of their supe superior nor ollier and Incidentally the thC th owner oner of a majority of the stock stoel of or the cor corK J K th are at liberty to i seek more wre n congenial surroundings Vice President Hyde If It half the re reports J ports are Art title is not Jot the sort of man many of MB us woul bee willing to trust with nith 11 property interests He lIe I serna to o have h e used the funds of the company u If they were his 1 Own lie He has loaned JORn d them to his hi lri friends n he ii has ha apparently used u them to tb aid in bolstering boJ t up stock and bond markets he has followed d the dictates S I of his hig own desires de in lii everything per pertaining i to t the business of the company We care very er much for fur young youn I Mr lr Hyde H de but we submit that the way I Ito to get him hini out of the vice lee presidency i and about th only reasonable way wa is isto isto isto to buy him out If Jr he to sell then the other stockholders might practically compel him to buy their holdings The Thc trouble about the whole hole matter is that funds which should be held in sacred trust for tor men and the families of men mn who are putting the savings of or their lives Into them have not been as carefully guarded as they should have been The financial standing st of the Equit Equitable Equitable Equitable able has not been Impaired It Is able to pay in it 11 full every ever claim against it and still have plenty plent of money mone left leftover leftover over oer But the public does not like to see such bles as the society is now undergoing ing for tor the public has has too much at stake I |