Indianapolis Recorder, Indianapolis, Marion County, 4 January 1986 — Page 2

STUDENTS AND TEACHER Mrs. Alkc Doolin stand near their awarding winning doors in the decorating contest at School 37, located at 2605 E. 25th. Room 212 won first prize and Room 209 placed second in the contest. Pictured from left are Mrs. Doolin and students LaShanja Reynolds, Tim Baarton, Michael Cobbs and Joseph Hanger. (Recorder photo by Marcell Williams)

Six new stores open at Claypool Court

Six new stores have just opened their doors at Claypool Court in downtown Indianpolis. Nashvillebased Walter’s: An American Bar and Grille is now offering the award-winning mesquite-grilled foods and cajun specialties that have made the name popular in Nashville, Tennessee and St. Louis, Missouri. The 7,000-square-foot restaurant, owned by Walter Thrailkill, seats over 300 patrons in the dining area with additional seating for 100 at its centerpiece bar. Located on the

Two named to Citizens Gas trustee board

mays wilds

Two Indianapolis businessmen have been named to the board of directors of Citizens Gas & Coke utility effective January 1, according to William F. Welch, president of- the utility’s board of trustees, arid Richard A. Steele, president of Citizens Gas. William G. Mays, president and owner of Mays Chemical Co. and Specialty Chemicals, Inc., and Robert W. Wilds, president of E-W Mold and Tool Co. and Central Mold Works, Inc., will assume positions left vacant by the retirment of one director and the resignation of another. William F. Stout, former executive vice president of L.S. Ayres & Co. and consultant to the department of development of Wabash College, will retire from the board December 31 after 22 years’ service. John P. Kelly, former president of the Midwest Bank and, private investment firm, resigned earlier this year to accept a position in another state. t ‘ Wilds is a native of North Vernon, Ind. He is an Army veteran of World War II and came to Indianapolis following military service. He completed his appren-

w Claypool Court’s lower level adjacent to L. Strauss, Walter’s also features fresh fish flown in daily from both coasts and the Gulf. Joining the tenants on the third floor gourmet food court are Libby’s Delicatessen and Cath, Inc. Libby’s is the only satellite location of the legendary Libby’s Deli which has been in existence at the City Market in Indianapolis for 57 years. A family-owned business run by Libby Fogle, the deli offers a variety of sandwiches and cheesecake, in addition to party trays and box lunches. Libby’s also provides delivery service which has already been in demand by downtown businesses. Cath, Inc. is a cafe with a European flair specializing in gourmet coffees and teas, pastries, wine, cheeses and gourmet foods. The brainchild of Hoosier Cathy Peachy, the cafe offers 40 varieties of cheeses and approximately 8 different kinds of cheesecakes. Deserts also include truffles, torts, mousse cakes and some Middle Eastern pastry. On the second level, Artifacts, a fine craft shop and gallery, features an extensive selection of crafts by American designers, as well as full range of professional art services for both home and business. The shop offers contemporary ceramic dinnerware, hand blown glass goblets, bowls and vases, handloomed rugs and other ’art for the home’. There is also a wide variety of gift items including whimsical sculpture, prints, drawings and posters. Artifacts also offers a bridal registry service. According to owner Ann Kaplan, who also operates a store in Broad Ripple, all items in the shop are hand crafted by the artists and hand-picked by her. Pieces by Hoosier artists and craftsmen are also included in the inventory. Adjacent to Artifacts is Tennell Collections, a fashion jewelry shop based in Washington, D.C. The shop presents a unique selection of each season’s fashion jewelry accessories, including unique hair ornaments. Accoridng to co-owners Pamela Ward and Brenda Terry, much of the jewelry is imported from France and Spain. One of the first of the new line of Pasta stores to be opened by Paul Harris Stores, Inc. is also located on the second level of Claypool Court. Pasta stores are the outgrowth of the successful streetwear collection created by Paul Harris called Pasta! Included in the Pasta collection are tasty new products like the Linguini Cord Pant, the Ziti Jean, the Primavera Shirt, and one item every SmMXNIW, PwfW 13

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Business loan requirements

On Saturday, January li, from noon until 6 p.m. Tony Hickman, president of M A W Financial Planners, will be sponsoring the Business Networking Matinee/ReceptionChapter II—at St. Peter Clover Center. Special guest speaker will be black multi-millionaire, Danny Lawson, of Houston, Texas. The SIS tickets will include entertainment, food and drinks, door prizes, and free trips. To reserve a seat call 842-9235. Reminder: Tony Hickman can be heard every Sunday evening from 4:30 p.m. to 5 p.m. over radio station WGRT (810 on your AM Dial) and can be seen in a segment of "On the Street" on television station WFYI (Channel 20) at 5:30 p.m. on every Sunday evening.

Money Talks ■y Tony Hickman

1. A personal financial statement must be completed and properly signed. If cash value life insurance is a substantial part of net worth, written evidence from the respective insurance company must be furnished. 2. A personal resume is required. Information should pertain to previous related experience and expertise for the business venture

proposed.

3 Personal tax returns for the previous three years of all principals must be furnished. Personal references may be required from at least three independent and separate

sources.

4. If the loan request is for an existing business, a current (within last 60 days) balance sheet and profit/loss statement must be furnished. Balance sheets and profit/loss statements for the last three years’ tax returns ($cti£4i)l£ C for pr^-

IRD Reserve Recruit

Academy graduates 10 new police recruits

Ten new recruits graduated recently from the 17th Indianpolis Police Department Reserve Recruit Academy. The academy program concludes for the graduates 27 weeks of academic, physical and law enforcement training. Police Chief Joseph G. McAtee and Public Safety Director Richard Blankenbaker presented diplomas to the following reserve probationary officers: Ray A. Anderson; Gary H. Beisel; Robert C. Adams; Jeffrey L. Brunner; David J. Butler; Marcia Sue Engle; Gregory W. Gaulden; Andrew W. Gillespie; and Keith C. Mathews. The new reserve probationary officers must now complete a one-year probationary period prior to obtaining a full appointment to the police

prietonhipe and 1065 for corporations) should be provided for analysis. 5. If past business records are unobtainable or show that the business is weak, then three-year projections for income and expense must be submitted along with supporting evidence. The projection must be sustantiated by evidence of loan repayment sources such as lists of propsective customers, prospective purchase orders, contracts, letter of intent, etc. 6. Prepare a list of all machinery, equipment, furniture, and fixtures now owned or to be purchased that will serve as collateral for the loan. Assign a dollar value to each item. If inventory will serve as collateral, then list that inventory and assign a dollar value to it. 7. Clearly state the purpose of the loan. List every area in which the money will be spent. These areas may incude inventory, equipment repairs, purchase of land, purchase of all or part of an existing business, working capital (which may not exceed more than 50 percent of the total loan request). If repairs, remodeling, relocation, etc. are needed, estimates from at least two difference companies must be furnished. 8. If the business is a franchise or dealership, a copy of the franchise or dealership agreement must be submitted. 9. If a new business or an existing weak justness is involved, write a brief synopsis of the business, indicating your reasons that the business will be successful at the present or proposed location. 10. Submit a copy of the lease for the business. This copy may be unexecuted. The lease must exist for the term of the loan or have a sufficient option to cover the term of the loan. The lease must be executed and in force at the loan closing. 11. Submit written evidence that all licenses, permits, zoning requirements, etc. have been obtained prior to loan closing. 12. If the proposed loan involves the purchase of a business, then a signed option to purchase or a sales agreement must be submitted prior to processing of the loan request. If real estate is involved in the sale, then an appraisal acceptable to the lender must be submitted. 13. List name, address, and telephone number of your bookkeeper, accountant, or CPA. All financial statements must be signed by the principal(s), if they are not CPA audited. 14. At the closing, an assignment of a life insurance policy equal to or greater than the amount of the loan must be executed. List name, address, and telephone number of your life insurance agent. Also, a loss payable assignment must be orderd on your hazard or liability insurance. List name, address, and telephone number of your commercial liability insurance agent. 15. If the loan is approved, any funds that are not immediately required shall be replaced in an escrow account for future disbursement at the loan closing. 16. It will be required that all personal and business accounts currently established at other banks be transferred to the lending bank. For a free look into your own financial situation call and say you read it in The Indianapolis Recorder.

THREE MEMBERS of Alien Chapel AME Chwch, 629 E. 11th, am

weeks. The trio incindes (from left) Tbema Gray, Jewel Boyd. Gifts were donated by the pabBc for i separate facilities ia Marion Coanty. gifts at holiday parties.

Depression not restricted to holidays

“Although it is popular to talk about holiday depression, most people seek help for depression during the late winter and early spring,” says Dr. Stephen R. Dunlop, assistant professor of psychiatry at Indiana University. Research of the numbers of people with clinical depression who present themselves to physicians, psychologists or institutions does indeed show that the numbers of people who complain of depression during the holiday time is much lower than during the months of March to May. “Some people, of course, will feel bad during the holidays. This may be related to a psychiatric illness which is already present, feelings of isolation because they are separated or apart from their families or because they have few financial resources,” points out Dr. Dunlop. “Others have certain expectations with which they enter the holidays. When these aren’t met, they feel let down or depressed. However, most of these people aren’t suffering from what we would call clinical depression.” Feeling bad is not by itself depression, according to Dr. Dunlop.

Depression is a more complex phenomenon and involves changes in one’s life such as sleeplessness, awakening suddenly in the middle v of the night and being unable to go back to sleep, a loss of appetite, and a lack of interest in the activities of

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