| Show a V fl fm TI i If OF MUTUAL M LIFE j Officers Responsible one of ol Nol t For Conditions Prior to toa 1905 Remains a 1 C RESPONSIBILITY IS FIXED f Peabody o ly addresses w cl Jitter ti to Telling What tins peen Done Honl Yerk July 10 Not ot on one ot of the of ot the Mutual Life Lite ive tt II for tor the tho ll t i rl which In that or orn n prior to the th year Mr 1503 1901 re rev reo i is jp F t the Ih er en Ice of ot company c s doubtful and methods of ot l 1 Trey fY v ova been prohibited the Ih rc re ret rcy bc nv t i y of ot officer lias has n i fret j to Insure In ure efficiency J I and nd In p r hiv hen heen adopted and many man nth Jc effected accord wr have hae been b en etl r n I R a letter to 10 the Pre I i d I I h a made made public today by h b Pres I Int nt I rim r O ea A Peabody of ot the com coin J vi r letter which will bs bra b 11 by ra y l r j M every ever holder of nC a poUr policy In yc t vt also abo 80 dori es that hat other Lipi rC lire are re In progress and In f et and that he believes bellows the ref re reI f I arf f the he future will be bo entirely Ml ait t to 10 the policyholders Ho Ito Hoj Hoca ca j t lention a to a reduction In III the tho ri of f officers officer and and ind nl I I 1 t the t expenses of ot the tho home horne office omec I effecting a saving of I r fir Ir The economies effected In com coat co cor f r Y management medical exam cram crami exama i a 1 and revision work H rf g 1 and stationery he un ay ap ng nJ pHI another a n year mak tt tC a II tal tat saving of more m re than 1000 irr r f fi n working day The letter Jetter M eta t JAn 1 t of 01 this year of m I funds funta lit iii u I and anI loans on efi have hac IH Ui lured ed d more than Ihan by 0 and that Ihal the th total gain in I Irn r me rn from all Investment In dur duro dura durI r I a ut t six ax months nan liar been bp n 1110 i t I Peabody that the tho Integrity ue as 11 of or the company assets eu have hav ha been blen an nd examination rumination by b and an public accountants whose Iho e er y r z statement of ot the assets n ts Dec DI 5 3 is la of ot the th value alue shown hol n nr e r i r books book i e et reading the statement made mado tV by I President Peabody tonight el pl I general counsel for tor international policyholders ra corn com corne f e of oC the th Mutual and the New I York 1 addressed n t a ag g etter letter of ot protest 1 to 10 Mr Ir Peabody I 1 t is as he UI to tn t jia l by b you ou In fn aid aide t r e C campaign of your our own election ele iloa and that of oC your our associates to 10 whom you U hue we your ur office It II Is la In ht tin the of u II Utter IWer to lo the pulley policy policyholders holders under dale of ot the 2nd nd you OU have hac printed and have hae just given out OUI for fair publication and I 1 you ou are aro about to mAIl to I Ithe the whose namis appear on Oll the Hits lieta you OU have prepared prepare J Ht at the e of ot the Ihl company COlli pI II but bUI yi CU u persist In n n from Crom firm the tI f represented by b me willie Ilg them h m for tor or your own purpose purposes W v take Issue with Ott ou at fie to very every fact t contained in h thit th docu ducu lr further II s a that thil thili i II n ropy 11 of oI this Is la helm belm etl N to 10 the Ihl superintendent of ot Insurance n urn urna ne a ac by b tn toO request t that tha he hI for fr forbid forbid bid tide tIl latest form torm of ot diversion of ot tile the lS dv Ix London Landon July Ju 11 The executive com corn committee millee of ot the sen gon eral committee which Is la II now with the Honal policyholders committee held an organization or meet meeting InK ing yesterday and deckled decided dl to call a II meeting of lit the general committee for tor torJul July Jul 1 IZ when tho the program of the tho In International Inv policyholders poll eh 01 Ile will be hI outlined and a 1 campaign mm tim to 10 secure proxies of the shay policy policyholders hoMers holders for tor the election o ot or trustees of the Mutual Life In IIAn ny of I New York tend and nd the New ell ork Life ilfe In Incurance Inv company Several members member rl o 0 of th the general I ral com eom committee will he be hy by the Ih house hou e of I horde lordt teleet fel tt July Jul 13 |
