Indianapolis Times, Volume 32, Number 271, Indianapolis, Marion County, 22 March 1920 — Page 3
BANK MERGER JOINS DEPOSITS k OF $12,500,000 F. K. Shepard to Head East Tenth Street State Concern, Sold to Fletcher Cos. NO CHANGE IN POLICIES Total deposits of more than $12,500,000 : are held by the Fletcher Savings and , Trust Company today following its pur- , chase of the East Tenth Street State j bank, 2122 East Tenth street. The East Tenth Street ibank has resources of nearly $500,000. It was announced by Evans Woollen, president of the Fletcher Savings and Trust Company. that the newly acquired bank will be operated as a state bank, although it will be actually a branch of the downtown bank. NEW OFFICERS TO BE ELECTED TONIGHT. The following officers and directors for the East Tenth Street bank will be elected at a meeting tonight: Fred K. Shepard, president; William M. Shearer, vice president: H. B. Tilman, cashier; R. A. Beehtold, assistant cashier: directors, Harvey Coonse, William M. Shearer. W. F. Coyner, W. F. Werner, Arthur Butler, 11. H. Woodsmall and H. B. Tilman, re- j elected, and Donald Morris, W. B. j Schiltges, Iceland Crawford, L. A. Buen- : nagel, R. G. Sumner, A. L. Rigsbee, Fred j K. Shepard and H. F. Clippinger. Mr. Shepard, who will become president i <>f the new institution, is vice president' of the trust company. Mr. Clippinger, manager of the bond department of the j trust company, wil! become chairman of : the board of directors of the state bank, j The East Teprh Street bank was es- I lablisbed in 1013 and has grown steadily. It now has 2.000 depostitors. No ■ change will be made in the active manaement of the bank. Mr. Tilman continuing in charge in his capacity of cashier. Harvey Coonse, retiring president, will continue to serve on the board of directors. HAS DEPOSITS EXCEEDING $130,000. The bonk is capitalized at $23,000. tt is located in a thickly populated and prosperous district and has total resources of $451,227.13. Its total on Feb. 28 last amounted to $430,920.42. ! "We have bought the East Tenth Street i bank," said Evans Woollen, “In the be- j lief that through it we can serve the j northeast quarter of the city and the tributary country with advantage to the j community and at a protit to ourselves. ‘ The business at the bank has 'been de- ■ . veloped with skill and its recent growth j Hias been such as to indicate an extensive community of thrifty people.” There will be no change in the bank’s policies, Mr. Woollen said, and the per- I sonnel of the banking staff will be kept ; intact. Mr. Shepard has had long experience | in banking circles, both with the Fletcher, interests and the Marion Trust Com- ! pany, which was absorbed by the Fletcher interests eleven years ago. Firm Will Insure All Its Employes Every employe of the Robbins Body j Corporation today is in line for life in- j surance. Announcement of the plan to provide free policies for the workers of the company was made at a "fun festival” given by the company Saturday night. The occasion was the celebration of the completion of the corporation's new 5150.000 building. -James A. Daugherty, a member of the firm, also announced that plans had been completed whereby employes can ! buy sty k in the company. - Conference Called at Colored Y. M. C. A Plans bape been made to entertain about 250 colored boy delegates ironi Indiana and other mid-western states when the iirst Older Boys’ Conference is held in Indianapolis, April 2,3 and 4, under the auspices of the colored branch of the V. M. C. A. The conference theme will be "Training for Service.” The delegates wi'l y m t r rhal and taken to the colored T. M. C. A. where they will be assigned to vunous homes as guests. Farm to Be Laid Out in Home Sites With the purchase of the Reardon farm, a UO-acre tract a few blocks west of the I.afayette Motors ••ompuny plant by the I/O Fayette Home Building Company, plans are under way for laying out the tract in subdivisions Besides including plans for the building of modern homes, there Is also space alloted for a public park as well as a playground and for a business center. The consideration of the purchase has not been made public. Two Dozen Chickens in Buggy at Midnight William Jones, 1160 North Belmont avenue, wants to find a certain burglar to congratulate him on his nerve. .Tones woke up at midnight, looked out the window and saw a man with a buggy and white horse driving away. He found the man had taken twenty-four chickens with him. Two other chicken thefts were reported to the police today. |askin&Marine(°l
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Costly Cuts in Meat Under JBanjfor Week “Save Money on Meat." This Is the week to <Jo it. Housewives are asked to take roundsteak instead of porterhouse. There are other less costly cuts she is urged to carry home instead of the customary steak. If everybody declines to buy the more expensive cuts for a week Stanley WyckofT, fair price commissioner, says, n lasting decrease in the demand for the highest priced meats will result. Meat men have agreed to co-opernte. Th- department of Justice is behind the plan for an experimental purpose.
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Teachers Plan to Reorganize Body Plans for a reorganization of the State Teachers’ association “so that it will represent the entire teaching body of the state and make the body a more potent force in all educational matters,” are being prepared by members of the Indiana School Men’s club. The chairman has been Instructed to appoint a committee to foster the reorganization under a pJ-' similar to that of the Illinois association. At a meeting of the club .Saturday at the Claypool hotel it was said the present teachers’ organization needs strengthening. The present school textbook system came in for much criticism at the meeting.
nN DIANA DAILY TIMES, MONDAY, MAKLM 22, xzU.
KIDDIES ASKED TO HELPFRANCE Children Give Penny to Dime to Swell U. S. Gift. "A penny for France.” This slogan will be used among Indianapolis school children during the week starting today when all will be asked to contribute to a fund for “America’s Gift to France.” The state board of education has indorsed the movement to accept voluntary contributions of from 1 to 10 cents from all school children in the state toward the fund which will be used to defray exj penses for a gift to France, probably in I the nature of a monument which will be ' erected near the Marne. Members of the Indiana committee in cnarge of the fund are William L. Taylor, chairman; Gov. Goodrich, L. N. Hines, state superintendent of public Instruction; E. U. Graff, superintendent of the Indianapolis public • schools, and Frank D. Stalnaker, presi- | dent of the Indiana National bank. | France will never close her heart to America, according to A. G. Cavins, back after twenty-one months as head of the legal department of the American Y. M. C. A. overseas. f Mr. Cavins Is a former Indianapolis attorney. He acted as a liaison officer \ between French officials and the Y. M. IC. A. after serving with the Tenth French army for several months. Mr. Cavins has felt the pulse of the French. He knows their feeling toward Americans. “They love us," he claims. There is no “anti” feeling oper the I peace treaty, Cavins says. He dismisses the treaty question by saying the French are patient and hopeful. He says the French invite our trade. Rotarians to Hear Link Belt President ; Alfred Kauffman, vice president of the 1 Link Belt Company, will be the principal speaker before the Indianapolis Rotary club Tuesday noon at the Claypool hotel. His subject will be "Can IToflts Be Shared in Industry?" Flans are being made by the local Rotarians for a special train to take them to the international Rotary convention to be held at Atlantic City, N. J., the week of July 20.
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RECALLS EDEN IN TREATY FAILURE Pastor Demands Men of High Principle at Washington. Excuses are straw-men, set up to cover j one’s shortcomings, declared Rev. Philip W. Corya at the Fletcher Place M. E. church, Sunday. "Adam represented to God that he fell because Eve gave him the apple, but in i reality he ate the forbidden fruit because he liked Its taste,” said the pastor. “The president and the senate at Washington may wish to transfer the blame for their failure to conclude a reasonable j peace, but any attempt to seek Indulgence \ in this sad hour will meet no sympathy ! whatever from thinking people,” he continued. “ ‘Where there Is no vision the people | perish,’ said the sage of Bible times, and until this nation places some of Its j many men of high principle and balanced outlook at the front in Washing- j ton living conditions will continue to j grow worse and our country will remain under the embarrassing eclipse through which the nations of the earth now see us," the pastor’said. TRUK PATH FOR ALL NATIONS. “A nation ascends only as God is its I-ord,” said D. O. W. Fifer at the Central Avenue M. E. church. "Chrlstless things and Ideals are I weights dragging human lives and even j strong nations Into hopeless depths,” he continued. The hopeful destiny of America is that It shall follow the teachings of the Lord, the pastor said, and notwithstanding “whatever partisans or leaders controlled by personal ambition or vex- ! atlon may do to thwart it, the nation will increase its effort and sacrifice to lift the world higher. It will help the alien immigrant rise to better levels citizenship, and It will call the weak and struggling nations to ascending paths of peace nnd brotherhood.” PRIDE VANISHES WHEN "BORN AGAIN.” Rev. Frederick E. Taylor, pastor of the First Baptist church, discussing “The New Creation,” said that “only those who are born in the kingdom can appreciate it." “One mnat belong to a kingdom to know what it really is." he said. “Many
persons try to make themselves Christians without being born into God’s kingdom. They do not realize that Chris--tlans are born, not made. Being born again means the vanishing of pride, it means pnttlng away self, it means sub- j mlttlng to the will of God, and it means leading a life that Is acceptable to God.” * COLLEGE lIETD RESIGNS. WESTMINSTER, Md„ March 22. Rev. Dr. Thomas Hamilton Lewis, for thirty years president of the Western Maryland college and a leading figure in the Methodist Protestant church, has tendered his resignation.
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Three Generations of Loyal Service — Seventy years ago the New York Central Railroad ran the first local train between New York and PeekskilL Patrick Boylan, who had worked for years as engine-tender and fireman, was its engineer. Full of honors and good deeds, the life of Patrick Boylan came to an end, but William, his son, trained in the tradition and practice of the engineer’s calling by his father, daily runs his switch engine at Harmon. William the second, grandson of Patrick, still following the family tradition, is a passenger brakeman on the Hudson River Division. Vincent, son of William the first, works in the Equipment Department. Margaret, his sister, is in the office of the Auditor of Passenger Accounts. The Boylans are no prouder of this record than are we. Three generations of loyal service—it is fine to have given them; it is fine to have inspired such devotion. The organization which can thus hold the good-will of a family from father to son and grandsons is more than mechanically efficient. It is human. If we are able to give the public an efficient and satisfactory railroad service, it is largely because we have thousands of employes as faithful and loyal as the Boylans. We know your interests and ours could be in no better hands.
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