Show MAKES VERY RY VIGOROUS PROTEST Counsel for Policyholders Committee of New York Life Sends Letter to President Orr On Regarding the Effort of the Officers tb 0 Secure Proxies New York March Un tin Unterm term er counsel for the policy holders committee of the New NewYork NewYork York Life Insurance company today sent a letter to Alexander E Orr pres presIdent president Ident of the New York Life protesting in the name of the policy holders against what lie he terms the mr nary effort that is being made by the officers of the com company pan to obtain proxIes len Ies for the annual election which is to tobe tobe be held early In April lIr letter explains the objection of the committee and tie de declares dares clares that no election should be held until legislation affecting the insurance insurance ance business is passed Makes Vigorous Protest Addressing Mr Orr Mr says that as the representative of up upward upward ward of policy holders in the corn com company pany he has been instructed to protest In their behalf against the extraordinary use that is being made by you and your officers of the agency force of the company who are being pressed Into the service of soliciting proxies for the reelection of yourself and as associates associates as directors at enormous ex expense pense ense to the policyholders policy holders HI 1 ant am informed the letter contin continues continues ues that within the past few days you sent o out t from your head office tf to your entire agency force throughout the countr country telegrams urging them t collect proxies I have before me on ons of a number of printed letters and cir circulars issued from your head office OmrA signed by the cashier of the company with an accompanying form of proxy addressed to policy holders enclosing a biography of the directors s and d officers officers cers whom you seek to reelect in including eluding yourself This proxy Is to John Claflin Oscar S Strauss and Clarence H Mackey of whom bi biographies biographies are also enclosed printed at atthe atthe the expense of the policy holders Sent Out at Great Cost If these documents have been sent to every policy holder the cost to the company of postage alone would b about and the cost ot of print printing printing ing as much more How you justify such expenditures to say nothing or of orthe the manifest Impropriety of such ac action acthen then tion at this juncture I fall to under understand understand stand These documents are coming to us u uIn In great numbers from Infuriated poI pol polIcy icy holders with the request that our committee take some action to prevent your thus wasting the money of the pOlicy holders in the attempt to re return return turn yourself to office |