Show THE RE reorganized ORGANIZED NEW YORK LIFE INSURANCE COMPANY the new board of trustees of the new york lite life insurance company chosen by the policyholders under the armsttong Arms tiong laws has taken charge of 0 the comp company anys s affairs and has begun the worl of reorganization in choosing the principal officers of 0 the company the board has adhered to the idea that a life insurance corn com pany should be managed by life in aurance men the new president is darwin P kingsley a college bred man of good new england stool who has been in the company s service in a variety of capacities for a period of nearly twenty years in the parlance of life insurance be he began with the rate book and has advanced step by step up to his position the first vice president of the corn com pany is thomas A bud duel ner who has served the company tor for more than a quarter of a century indeed has never had any other business connect tion associated with these men are others long trained in the company s service each an expert in his own de apartment part ment of work wm win E ingersoll who has for many years had charge of the comp company anys s great business in europe is one of the second vice pres identa and will continue at the head of tha comp company anys s office in paris rutus rufus W weeks who has been in the comp company anys s service for nearly forty years tanks next to mr buckner as vice president and continuous as chief actuary actual of the company the policyholders have expressed their belief in this company in no un certain terms the upheaval in life in aurance within the last two years has resulted in a great deal of mi sunder standing and policyholders alarmed on matters which were not very clear to them have been disposed to give up their contracts at a heavy sacrifice this has not been true in the new york life to any great extent the corn com pany had insurance on its bool booi s when the life insurance in vesti gation began and while the laws of the state of new york now do not permit any company to write over a year which is about one halt the new aorl life formerly did the comp company anys s outstanding busl bust ness still exceeds 2 generally will be still further reassured by this action of the board as it at the head of the poto pany to protect their interests men of thorough training and un exception able character |