Indianapolis Times, Volume 38, Number 98, Indianapolis, Marion County, 30 July 1926 — Page 13

JULY 30, 1926

REHEARING UPON HORIZONTAL TAX INCREASESOUGHT State Board Will Appeal on Basis of Correctness of Assessments. The State tax board Will appeal to the State Supreme Court for a rehearing on the legality of the horizontal tax increase passed by the board in 1920, on the basis that the property in question was not overassessed, it was learned today. William A. Hough, tax board member. said that persons who have carried the case to the Supreme Court have carefully qvoided that issue, and are hanging flieir case on the mere legality of a published notice. Holds Increase Illegal The Supreme Court, in a decision, declared that the increase was not legal in counties \Vhere a notice of the meeting of the local tax board was not published. The Supreme Court held that those who,had paid the excess taxes could take steps to recover. "Just’how this will affect all counties is hat'd to determine,” Hough said. In Marion County, an agreement between attorneys for protesting taxpayers and county officials was reached whereby taxes were paid under protest, with the understanding that if the increase voted by the tax board was held invalid the' excess taxes collected would be applied on subsequent tax installments. J Contradicts Hough William A. Bosson principal attorney for protesting taxpayers, contradicted the statement of Hough that protesting taxpayers have avoided the issue of whether or not property under the horizontal increase was assessed at more than its true worth. Bosson said, —“the court records will show that the tax board has tried more than once to raise this question to embarrass individual

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property holders, but the court has seen fit to decide the case on the basis that legal notice of the proposed tax increase which is a mandatory provision of law, was not given.” ~ ‘SCARFACE’ DISAPPEARS Charges He Instigated Murder of Me. Swig gin Dismissed. Bu United Press CHICAGO, July 30.—Fearful of rival gangsters' bullets. “Scarface Al’’ Capone, king of Chicago's suburban underworld, disappeared completely today, after dismissal of charges that he Instigated tMe murder of assistant State’s Attorney William H. McSwiggin. Capone, who surrendered Wednes. day, was released when authorities said they did not have enough evidence to support the charge. Snakes have been known to live fjor mere than a year without eating.

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LAST OF COUNTY - COORTSJO CLOSE Prosecutor Remy Will Take Brief Vacation. Both Criminal and Juvenile Courts will adjourn at noon. Saturday,, and remain closed until Sept. 6. Judges James A. Collins and Frank J. T-ahr are olearing up their calendars this week preparatory to enjoying a brief vacation. The other county courts closed July 1, and will reopen in September Prosecutor William H. Remy who has been greatly handicapped due to the illness of his chief deputy, Judson L. Stark, said he will take a vacation of only a few days an^

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then work In his office “behind locked doors.”’Remy s&id he expects to look into several important cases which he hopes will come up for trial with the opening of court next fall. Among the major cases which Remy expects to prosecute are the State highway cases and the murder case against Ralph Bee, now held In the State reformatory. Lee will be tried ..In Franklin, Ind. The grand Jury' also will adjourn until September. COOL FOR COOLIDGE MALONE. N. T.—Santa Clara Is fifteen miles from President Cooli ldge’s summer camp on Osgood Lake. ; On the night of June 19, Andrew Bishop. 58. of Santa Clara, froze both his ears while returning from St. Regis Falla. An Indian skeleton, dressed in copper armor, has been dug up in Kenj tucky. * 9

CIVIC LEAGUE HAS LANTERNS FEAST Thousands Attend Annual Affair at Spades Park. Several thousand persons attended the annual Feast of Lanterns held at Spades Park Thursday night under auspices of the Brookside Civic League. Streets near the park were lighted with Japanese lanterns, and residepts competed in a lawn decoration contest. Entertainment consisted of flag drills, music and dancing. Booths of all kinds and a “country store” were the center of much interest. The home of J. H. Patton, 1748 Brookside Av?.. was judged the best decorated house and lawn. Second prize was won b’y C. At James, 1776 Brookside Ave., and third, by C. B.

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Campbell, 1621 Nowland Ave< The cake baking contest was won by idrs. Charles Bloom, 2333 Coyner Ave. SCOUTS PLAN PAGEANT To Present ‘‘Hiawatha” Sunday Night at Close of Camp Period. Asa fitting close to the third summer camp period Sunday night at Camp Chank-Tun-Un-Gi. the Boy Scout reservation northeast of the city, a pageant entitled “Hiawatha” will be presented by the Scouts for the entertainment of parents and friends. Sunday afternoon the annual camp inspection and review will be held and following the review a huge picnic supper will be served to parents and Scouts. The 211 Scouts, now in camp will be replaced by another group of about the same number of the fourth two-week period. An Englishman has devised an apparatus by which the heat developed In hammering a nail is measured.

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DURANT CLEANS irpnuD Profit in General Motors sl,500,000 in One Day. B Ve <f \VYORK, July 30.—William C. Durant’s supreme financial generalship made a personal profit of $1,500,000 for the leading operator in Thursday’s run of wild trading in Wall street, the World said today. The newspaper further credited the founder of the General Motors Corporation with having made close to $20,000,000 since the striking advance of that stock which began in 1925 and continued through intermittent movements to Thursday’s sharp advances. On the original high of General Motors stock, when the price passed a peak of $l5O last autumn, Du-

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rant's holding were said to have bfen 235,000 shares.” Following the spring reaction in March, the operator was reported to have held 120,000 shares on which he was credited with having taken a profit of more than $8,000,000 in the movements of the market which culminated in Thursday’s activity. The high on General Motors. Thursday, reached 191 >4 and 373,700 shares were traded. United States Steel recorded 309,500 shares traded. WOMAN IS ENRICHED ' ELYRIA—Mrs. Cassie Bogart. 68. had to stretch her pennies for years. The other day she was handed a check for SBO,OOO. And that wasn’t all. A lawyer told her that $500,000 was her share of the estate left by Edwin B. Jennings, a wealthy Chicago recluse. Mrs. Bogart’s husband is nearly blind. Experiments now in progress by the air service indicate the possibility of clarifying cloudy atmosphere! by spraying with electrified sand from above. Thisc suggests that fog may be broken up In the same way.

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