Decatur Daily Democrat, Volume 58, Number 178, Decatur, Adams County, 29 July 1960 — Page 2

PAGE TWO

Harvest Results On Oats Variety Plots Harvest results on the oats variety plots-on the Elmer J. Isch farm Jn French township were reported today by Leo N: SeTtenr ight, county bgent. The yield results were as "follows; Newton, 111 bushels per »cre; Clinton 59, 108 bushels; ClintSand 60, 106 bushels; Minhafer, 105 feentland, 103 bushels; and Put-

ANNUAL 8080 TENT MEETING Five miles East of Decatur, Ind. on 224 to Ind. Slate Read 101, then 2 miles South to Bobo, or 2 miles North of Pleasant Mills on Indiana Slate Road 101. Or Rivard on the map. July 28 - August 7 m. hmhhHBMKBEB EVANGELIST: / I Rew J. Paul Hill 3F J fl Nationally Known EvanSound Gospel X . J ■ ¥<■ F Preaching dWfc / Song Evangelists; < flh>/ '' Wayne and MWflt ’ June Haas B <,t (on Indiana ■ fl «in .'iii' | »«\- > J B liiiii*. 'A - ll' ■ fl “■■■■ - M solos. June is an accom- | un> plished pianist, and ac- . . R®V. J. PAUL HILL cordioniat, and also plays Wayne and June Haas EVANGELIST the vibra harp. The two Song Evangelista Roanoke, Virginia of them join in duets. Cery, Indiana GOOD SINGING! EVERYBODY WELCOME! SPECIAL MEETINGS SUNDAY AFTERNOONS AT 2:00 O’CLOCK GENE BE BOUT, Chairman RUTH HURST, Secretary OTHO SUMAN, Co-Chairman CLARA THOMAS, Treasurer

Jjr mhkhhmh |- - -■--. .......I .. ...... * '■ ■ * ’*"■ ■E •'?; •*> WHO f»rO. '♦ > T ; — r —-~—- —4*- - _ . „ . .__ . ■ .. ■ ■ , _ ■ _J.__ -4.. .■ •• « 7 —-- — *. rOUR JOB Y T 0 HELP YOU LIVE better I electrically , ,j “| ~ — : — —H - A ; 1 . ,j ; / f Our job is,generating electricity and getting it to where it’rtaed. We’re in jpjk \IW '/. * * -A .this business because it is concerned with the supply of a ftindarhpntal rex' 1 quirement of modern living, because it’s an honorable one, because we like | \ a it, and because we want to earn a living at it. ,’ a a * m to g* ve onc °f serv * ce to everyone ... the best that’s possible. .Ik. a That means supplying our customers with what they want when they want it. It means being courteous at all times and maintaining attractive easy- ° ' to-do-busincss-with offices. It means doing everything we can to keep comI ’ plaints from arising, and it means prompt and fair handling of those that do. i' 5 1 ' are a citizen of each community we serve and take an active part in its | Xl® A i affairs. Like any other citizen, we want our neighbors to think well of us. j Vl la v Besides, it make s good business-sense. We can only prosper as the community , : i' / >OO prospers so weKelp‘it thrive iff r wecan; fcuch » our job as we sec it. We are trying to do it well and to do it better t ■ all the lime. ‘I 51‘ ZA _ YOU IrVEBETTEKELECTRICALLY! INDIANA • W compmv ■ - • . • 1 . MMmc«*UMT«IC(>C»)MWC»aMTM i - 1 '<’■ .-- • • - • ~ ~ . ■■ » 4 ”• .* •■• ■ ■» , * . „ ... * 7 — -’.. ■ . ■ • ; • * . ' ' , ' -•-» • ‘ ; . r -«, • , , ■’-■■■ ■ -

bushels; Goodfield, 104 bushel; nam. 102 bushels per acre. The plots were harvested Monday afternoon. The rain and wind of the Saturday before put most of the varieties down. Goodfield seems to have more standing ability under high fertility and high nitrogen conditions acording to Gil* bert Walker, extension agronomist. The first locomotive headlights Wert bonfires built on rolling platforms and pushed ahead of the engine*. 4«

Magnolia Tree Is Blooming 2nd Time Bill Muston, a resident of Monmouth, ,reports an unusual magnolia tree in the yard at his home. These trees .normally bloom only in the spring. Huston reported However, he brought evidence to this office today of one tree blooming for the second time. The magnolia, three years old, bloomed as usual during the spring, but it is now blooming again, with an estimated 100 blooms on it.

""" DECATUR DAILY DEMOCRAT, DECATUR, INDIANA

Story Os Ouster Os Chrysler President * - < • v’* - ; * 4 -Ts, ■ '

By JIM KLOCKENKEMPER and JACK VANDENBERG Copyright 1960 By United Press International DETROIT (UPD—This is the previously untold story behind William C. Newberg’s ouster as Chrysler Corp, president and his pledge to return nearly half a million dollars in outside profits. From 1952 to 1955 Newberg and his wife owfied half the stock in Press Products Inc., a - firm which , made hinges, for Chrysler Corp, cars* it was learned by United Press International and confirmed by Newberg associates. From 1955 to 1958 Newberg and his wife owned. half.. the..stQck...m,. Bonan Corp., a firm which mantifactued first arm rests and later door trim panels for Chrysler cars. They had sold Pess Products to Atwood Vacuum Machine Co. in March, 1955. Atwood Vacuum Machine Co. is in Rockford. 111. Allen Industries, which -bought the assets of Bonan Corp., has a plant in Herrin, 11l , as well as in Detroit. The owners of the other 50 per cent of the stock in both firms were Detroit industrialist Ben Stone and his wife. Stone was fisted as president of the Bonan Corp, and Newberg was not listed

ca*'- IFbM 1 OLDS Wn« ZIMTSMASTER MOTORS, Ist & Monroe Sis.

either as an officer or director. Liquidating Hfo (foldings In October, 1958,. Stone sold Bonan Corp, assets to Allen Industries and converted Bonan Corp, into Sango Corp., a firm dealing mainly in. gas .and oil wed developments, although Sango continued to have some business ties with the auto industry. Newberg and his wife continued to hold stock id Sdngo until about a year ago when Newberg, then Chrysler executive vice president, began to sell out his and his wife’s stock to Stone, who had a purchase agreement. Newberg’s outside holdings were in the process of liquidation when Chrysler President L. L. Colbert called a meeting of top executives i after the Chrysler stockholders meeting last April. An angry stockholder group, led by Detroit attorney Sol Dann, had made charges that Chrysler executives were profiting from interests in firms selling supplies to Chrysler. Dann called it “corporate payola.’’. Colbert told the executives to get rid of their interests in outside vendor companies before the end of that day. To New York Directors At about the. same time, another group of stockholders, alsd

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GUESTS OF ST. PAIJL’S LUTHERAN—The. three teen-agers pictured above, who ate known as the Youth Caravaners, will meet with youths of St . Paul s Lutheran church in four sessions this week. The team represents a cross section of Lutheran teen-agers in the United States and Canada and will assist the Lutheran congregation here with its youth program. Lett to right are: Miss Berdette Craig, Groton, S. D.; Miss Martha Bowden, Midland, Tex., and Pgul Schuletheis, San Merino, Calif.

angry about Chrysler’s losses for two- consecutive years, and representing some strong New York financial interests, got the information on Newberg’s outside holdings. ; ’ . ' This group took the Newberg case to Chrysler’s New York directors, seven of the 21 board members, including W. Alton Jones, chairman ot the executive committee of Cities Service Co., and Juan T. Tripp, president of Pan American World Airways. The New York directors decided the case could wind up in the courts unless the company handled the matter itself. They ordered a Chrysler board meeting June 30, just two months and two days after the board had named Newberg president of Chryslep At the June 30 meeting, Newberg was ordered to resign. Exactly three weeks later, July 21, the board met again and announced that Newberg was repaying “in excess of $450,000” from profits made in supplier firms which sold to Chrysler. Does Not Deny Story Said Newberg, “I have tried to dispose of the current differences of opinion in away that would leave my record clean, without any doubt as to my integrity,” and he insisted that counsel had told him that he had engaged in nothing illegal or improper. Said Ben Stone in his Sango Corp, office when confronted with the facts by United Press International. “I save Chrysler millions of dollars. Bill Newberg didn’t help me get one dollar’s worth of

A team of three teen-agers, called Youth Caravaners, are the guests of St Paul’s Lutheran church this week. The three Caravaners are traveling for the Walther League, international youth organization and official youth program of the Lutheran church—Missouri synod. The team is designed to assist local Lutheran congregations with their youth programs. The Caravaners assist the youth in devotional services, topic discussions, service projects, recreational and fellowship sessions. They joined the local teen-agers in reaching the unchurched youth of the community. The five-point program of the Walther League—worship, education, fellowship, service, and recreation was explained to the youth, their parents, counselors, and other adults of St. Paul’s Lutheran church. While the Caravaners are guests of St. Paul’s Lutheran church they conductd etour sessions with the youth of the church. Meetings were scheduled for Tuesday, Wednesday, Thursday and Friday of this we*k.fe -Rgvt L. W. Schiifenburg>>: llfetor of St. Paul’s 'Lutheran Church. The Caravaners next stop will be the Trinity Lutheran church in Hammond. business with Chrysler Corp." Said another industrialist close to Newberg and Stone, “Newberg used Ben Stone’s ability and genius to provide products for Chrysler in areas where lack of competition was forcing Chrysler to pay high prices. Sure, they made money. . But they made money because Ben Stone simply had more ability and worked longer and harder than his competitors.” When contacted by UPI, Newberg did not deny the story of his outside interests, but. said he could not expand on his July 21 statement. But the Chrysler investigation is continuing and all the persons close to the Newberg case insist it won’t end with Newberg's firing. Fort Wayne Catholic Diocese Is Renamed FORT WAYNE, Ind. tUPD — The Fort Wayne Catholic diocese has been renamed the Fort Wayne-South Bend diocese, Bishop Lob A.'Purvey ahnonnced Thurs- . CX XF .A % r -1A 110 A a? .n. JI I i_ A i f aay-. -n -vattcan decree designated St. Matthew’s Church at South Bend >s ,co-cathedral with, the Cathedral of the Immaculate Conception at Tort Wayne. South Bend area has 5,000 mote Catholic families than .lhe Fort Wayne area. ? ,

__; I CHEESE BREAD) I MONDAY I ■ -f T««o»r I B •• B ■ AufiLD BlfllAf ■ >? UMb ■«■ ■ ■ H Ktewarts Bakery! b_______2__

TMDAV, JULY 29, 1960 '

Three Men Lodged In JaH Thursday f Blas a. Mendez, 35, 949 Harrison street, and John’Lewis Hower, 22, 715 N. 11th street, were picked up at 6:30 p.m. Thursday by city police afjer Eribekto Sekna, 28, 937 Harrison street, had signed an affidavit for their arrest. They were charged with malicious trespassing after they allegedly stepped Sekna last week while in his car and broke his windshield with a heavy instrument. Sekna said he did not want to start a fight so he backed his car up and drove home. The two men charged, however signed an affidavit for Sekna’s arrest, after they were picked up, on a charge of disorderly conduct. All three are now in the Adams eounty jaiL , ■. — - Young Driver Held On Speeding Charge • David L. Rash, 20, Route 5. Decatur, was arrested On state road 101, two miles nortA of Pleasant Mills, for driving 75 miles an hour. Rash was arrested Wednesday at 5:45 p.m. and will appear in J. P. court at 7 p.m. Saturday.

» to 11 P.M. Spacial! ALL YOU CAN EAT CHICKEN or FISH FRIES - SALAD $1.25 FAIRWAY • Three antacids • work in relays • for quick, • prolonged > • re, ' h rwftMara ' • 75 TABLETS • ONLY • l NATIONALLY, advertised I SMITH DRUGCO. You can scrub Ibis Rat fantwHb Scouring ftwder and a Brush 18 lovely colon for ceilings* walla and woodwork B OINGOHE JBVM N KOHNE MUG STORE