Indianapolis Times, Volume 38, Number 278, Indianapolis, Marion County, 25 February 1927 — Page 5
FEB. 25, 1927
PAY BOOST BILL CONSIDERED JOKE Measure Slap at Governor and Attorney General.. i A salary boost bill for State officials, which even its author, Senator Russell B. Harrison (Rep.), Indianapolis, seems not to have taken seriously, was introduced in the Senate Thursday afternoon. The bill takes a direct rap at Governor Jackson and Attorney General Arthur L. Cilliom. It would provide salaries as follow: Governor, $10,500; secretary of State, $9,000; auditor, $10,000; treasurer, $10,000; Supreme and Appellate Conrt clerks and reporters, $7,500; superintendent of Public Instruction, $7,500, and Governor's secretary, $5,000. The salary raise for the Governor is not to become effective while Jackson is in office. No such provision is made regarding other officials. Levity is introduced in a paragraph giving the attorney general the choice of three salary plans: $6 a day (legislator’s salary fixed by Gilliom),
NEW YORK LIFE INSURANCE COMPANY DARWIN P. KINGSLEY . President A Mutual Organization—Founded in 1845 Incorporated under the Law* of New York 34 6 B_ ROAD WA Y, NEW YORK, NY.
To the Policy-holders: x x . . You, the members of the New York Life Insurance Company, owned 2,220,784 policies at the close of business on December 31,1926. # You are a vast community of people representing every honest walk in lile —farmers, bankers, tradesmen, merchants, laborers, manufacturers, employers and employees, and professional men and women —young and old—all banded together in a common enterprise for the common good. ‘ ' * _ _ . , ... If you and your families could be brought together, you would populate one of the largest cities in th^fworld. What a city it would be, with every family striving to safeguard its own future through a single co-operative institution for insurance and savings!
A Prosperous Year In 1926, this Company, which you own, wrote another chapter of progress: New insurance over 900 Million Dollars. Total insurance in force over /■■■ 5% Billion Dollars. Paid to members and^ beneficiaries over * m t 133 Million Dollar,i. including over Millions in OO Dividends. You, the policy-holders, have accumulated assets of more than Billion Dollars. This money plus your future deposits and compound interest will eventually provide for payment of the Company \s obligations to you and your beneficiaries. We believe wc are one of the companies Hon. Charles Evans Hughes had in mind when he recently said: “I like to think of the spirit of life insurance, for it is she spirit of achievement.”
Nylic Is Your Investing Agent The fund of more than I*4 Billion Dollars is invested in accordance with the strict requirements of £ie laws of the State of New York; and it plays a substantial part in the development of the nation’s farms, homes, railroads and public works. As policy-holders, you practise thrift. You invest soundly and safely. Yonr money will be available to you and your dependents, impressed with emer-gency-power, at a time when it will be needed most. That is what Mr. Hughes meant when he said, in the address to which I have just referred, that a life insurance policy was the best guardian of the purse that had ever been discovered. Small Average Policy Your total insurance is impressive; but if you divide it by 2,220,784; the number of policies, you will find that the size of the average policy is only $2,590. Os course, some members have more than- one policy; and many of you are also insured in other companies. But/ the great majority are UNDERINSURED, as you will see.
ASSETS Estate; First Mortgage Loans on Homes, Business Properties. . . $440,388,584.62 Bonds U. S., other Gov’ts, States, Cities, Counties, Public Utilities, R. R’s., etc. 583,984,590.22 Policy Loans, Cash and other Assets. . 242,692,691.20 Total .....! $1,267,065,866.04
that of a deputy attorney general prosecuting liquor cases in Marion County courts, $14,442 annually, or $2,750 monthly or $33,000 per year, the sum paid special attorneys appointed by the attorney general and paid from the Governor’s contingent fund to aids in the recent Marion County grand jury political corruption probe. MOVIE DIRECTOR SHOT Chief of Hoot Gibson Pictures Wounded—Wife, Three Others Held. Du United Press LOS ANGELES, Cal., Feb. 25. Lynn F. Reynolds, 35, director of Hoot Gibson Pictures, was in a critical condition today from a gunshot wound, and his second wife and three other persons were held by police for questioning. The shooting followed a mysterious disturbance at the Reynolds apartment at a Hollywood hotel shortly before midnight. W. H. White, one of three guests held by police, said Reynolds shot himself. A nervous breakdown, resulting from strain recently when a film company of fifty persons under his direction was snowbound in the Sierras near Mammoth, caused the attempted suicide, White said.
Eighty-second Annual Statement
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HOME OFFICE BUILDING NEW YORK LIFE INSURANCE COMPANY NOWj.UNDSR CONSTRUCTION ON VMS SITS OF THS OLD MADISON ROUARS SARDS*! f>> MAD!* ON AVSNUS TO FOURTH AVB.—TWSNTY-SIXTH TO TWBNTV-SRVSNTH STr4*T NEW YORK CITY
Financial Summary, January 1, 1927
Total Income in 1926 $295,341,937.98
PREDICTS VAST BOOZEjOUNDIIP Indiana Dry Agents Meet for Big Talk-Fest. Roundup of % a liquor ring in Indiana that “will open up the eyes of the public” is forecast for the near future by GeOrge L < Winkler, deputy prohibition administrator, after a statement made Thursday by Ethan A. Miles, Anti-Saloon League attorney, that Federal prohibition agents are working on a "big job” this week. Miles spoke before twenty-four In' diana dry agents at a meeting In Federal Court- at which Attorney General L. Gilliom, Sheriff Omer Hawkins, United States Attorney Albert S. Ward, Police Chief Claude F. Johnson; A. G. Jamie, assistant to Edward C. Yellowley, district administrator, and Winkler, stressed cooperation between Federal, State, and local dry enforcement authorities. "I want to compliment you boys in taking hold of the numerous tips I have given the prohibition dcpart-
How Much Insurance is Needed? The answers to the following questions will enable you to measure your insurance needs: What is the minimum income you will require in your old age, or if you become totally and permanently disabled; and what is the smallest annual income your family could manage on if you were taken away? Is it SSOO a year, or SI,OOO, $2,000, $5,000, SIO,OOO, or more ? How much will it require to settle your estate — to pay your debts, mortgages, and taxes, including the federal and state inheritance.taxe 5? How much cash will be needed at your'death, or the death of your partner or an official of your company, to stabilize credit or to enable surviving partners or stockholders to acquire the deceased associate’s interest in the business and carry on? \ Your Program You probably have a program, because you are insured; but how does your program stand today? How far short is it of the safety mark or the mark you are aiming at ? May I suggest that you figure it out for yourself, or call in one of our Agents to help you work out a plan suited to your heeds, so that you may feel secure as to your own and your family’s future. DARWIN P. KINGSLEY, President.
LIABILITIES Insurance and Annuity Reserves $1,003,297,782.00. Dividends payable to Policy-holders in 1927 ; 54,535,527.00 All other Liabilities 102,448,175.76 General Contingency Funds 106,784,381.28 Total $1,267,065,866.04 I
THE INDIANAPOLIS TIMES
ment,” Miles said. “It is especially gratifying to know that you afe working on that ‘big Job’ this week. I have tried for two years to get something done on that.” Winkler, although reticent to discuss the “tip system” referred to by Miles, advised newspaper men to “wait and see” development^. FENCES PROTECT ROADS • ' By United Press COTTONWOOD* FALLS. Kan„ Feb. 25.—N0 longer will the fiftymile gales, heavy snow storms and drifting snows hold terrors for farmers of Chase County who must keep in communication with the county seat during the winter months. Snow fences, erected in the fall and taken down and rolled up in the spring, are successfully keeping the western Kansas roads clear of show. The fences are made of woven wirq with pickets, four or five feet high and are stretched along the north side of the highways 100 feet back from the road. CORNS WT j Quick relief from painful 17. ii f 1 corns, tehder to* 3 and yMff/ pressure of tight shoes. DX Scholl's Xino-oads -iar
Cash Value of Life Fire insurance and life insurance protect values. The value of a worker’s life is the cash worth of his future net earnings, usually far greater thdn the value of his property. The following points may help you to estimate the monetary value of your life. The United States Government fixed SIO,OOO as the insurable life-value of American soldiers and sailors in Hie Great War, mostly young unmarried men who had been earning small incomes or none at all. according to the New York Times, the American Statistical Association declared that the money value of the average American life (including children and adults who earn no income) is $17,500! As an incomeearner, the value of your life is much greater. Consider the capital required to produce income from interest. At 5%, it takes $24,000 to yield $1,200 a year—sloo a month. ‘
DOWNSEURS <* AYRES "ooW> MERCHAWPMtt § A-vnva SKRVIfcS y LOW PRICES "
Saturday Sales
Saturday Sale of New Spring Coats* Dresses
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/ 'N Beautiful flat crepes, printed crepes, georgettes and repps of silk and wool; new necklines and two-color sleeves; compose frocks, bolero effects and two-picce models - x . regular sizes, stout sizes and half sizes. Very low priced.
New Colors and Combinations Strike a
New Note in Spring Hats FOR WOMEN AND MISSES ’4.95
In these smart hats, the close-fitting shapes, chic turbans —the new “black and wh’te” coloy combinations and new brims and crowns predominate. Silks—Straw Combinations Silk and Straw Beltings—Felts New colors Including gooseberry. Mother Goose, rose, red, Copen and orchid are presented. Plenty of large head sizes.
Saturday Sale New Wash Dresses for Spring $1.95 $2.95 $3.95 $4.95
A collection of brand new wash frocks embracing the best materials, most desirable colors and pretty styles. Sizes for all. Fast Colored Linen Frocks —ln becoming styles; Fume two-piece effects; pleats, pocket tr.’nmed: short, sleeves: lavender, orange, htneyJcw. Siz s 36 io 42. $1.95. Peter Pnn (loth Dresses —ln striking figures and stripes; tailored to fit. Pockets and collars trimmed with ■'broadcloth; half sleeves; sizes 36 to 46, 92.95. , Fine Rayon Dresses —In lovely styles: long or short sleeves; daintily trimmed with tncks, pleats and pockets; sizes 16 to 42. 93.95. Hand-Made Dresses—Of linen, rayon and pongee: hand embroidery and drawn work; in soft, lovely colors; sizes 16 to 44. 94.95. Rose Lavender Green Tan Honeydew Pongee White Orange Bine
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Sut'-StamdaicU of Women's Hosiery The newest hosiery shades are featured in this selection of pure thread silk hose.
Silk from top to toe chiffon hoso, full fashioned, lisle reinforced at points of wear. ff 1 Pair v A Pure thread' silk, service weight, full fashioned, lisle garter d*l top. Pair...., v* Pure thread silk service weight seamed back, lisle hemmed oft top. Pair OUC B’ull outsize hose, with lisle hemmed top, seanied Qf| back. Pair OUC Women's Silk From Top CQ_ to Toe Chiffon Hose, Pr. D?C Exquisitely line and very shor chiffon hose of pure thread silk from top to toe, with lisle reinforcements at points of wear; hemmed top, seamed back, fashion marks; irregulars: sizes S’i to 10; popular color range.
New Purchase and Sale Beautiful Silk Lingerie
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Women and misses who make it a point to dress in the height of fashion will find this sale of coats and dresses replete with most favored fashion details—at a very moderate price. The Spring Coats At S|C.OO Soft plaid mixtures with moufflon, coney and calf trimmings and plain tailored models; one of the distinct features is the remarkably fine tailoring ; silk crepe and satin de chine lined; sizes 16 to 42. The Spring Dresses sl6-5°
Women’s Silk From Top to Toe Chiffon Hose *5.45 Sheer gunmetal chiffon hose with black square heel, full fashioned; Irregulars; sizes ei 4C BVi to 10. Pair Silk from top to toe chiffon hose with pointed heel, full fashioned; irregulars; Illusion, tllle, chalre. naturalle, Arab, boulevard ; sizes BVi to 10. $1.45
$2.95 Lovely Qualities —Pastel Shades—Finely Tailored New Silk Chemise —Bodice top, waistline effect, lace trimmed; in shades of Nile, pink, peach, QC orchid; sizes 36 to 44 # 9 Costume Slips—Shadow-proof hem. bodice top, lace 'trimmed; made of radium and crepe de chine; In white, pink, peach, orchid; <1 QC sizes 36 to 44 > Women's Gowns —With yoke effect, strap over shoulder; made of good quality crepe and trimmed with lace and ribbon; In pink, Nile, orchid, flefeh; sizes go QC 16 to IT
Sale Tots' New Spring Bonnets, $1.95 and $2.95 Cunning styles for spring in a brand new shipment; elastic back styles, turn back and (bonnet effects; in straw, ribbon and flower trimmed; new shades. Little Tots’ I Pantie Dresses, 1 A sample lot of “Cinderella” dresses in assorted styles and colors; fashioned of prints, ginghams and broadcloth; some have small round collars, others bound with contrasting colors; sizes 2 to 6 years. New Girdles of Satin A|* Madras and Brocades vi a %JO Side closing, wide elastic inserts, clastic In hack; boned only over hip—gives very soft lines. Sizes 00 to 00. New Washable Printed Silks *1.19 All-silk washable fabric in about twenty very beautiful printed designs—new spring patterns with white background.
<RED ARROW BOOTH for SAYINGS / SAKC/AL SALK MKBCNANDtSB \ cwroto MKOK TTOnftV'’ r Something New! Watch this Booth Become a Money-Saving Institution in Every Home GIRLS’ New Spring Wash Frecks
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Lovely Pastel Tints in Spring Footwear
For Women and Misoe. Low Priced— W ** Pastel Parchment, .Roeeblush and Shell Gray sr" among many new arrivals In Corliss Shoes. Short and medium vamps; Cuban heels or Spike hsels. Sizes 2V4 to 8. Pumps and straps. Fancy Arch. Support Shoes Pr., *2.95
Tan or black kid and patent leather In beautiful streps; made ©B * neat dress last—arch support features for comfort. Sizes to 8. Extra special.
Ayres Annex Store FOR MEN AND BOYS f A Qroup Purchase Enables Us to Present the Following Savings In Boys' All-Wool .Spring Suits $7.95 $9.95 $12.50 Exceptionally well tailored; alpaca wool lined; coat, vest, two pairs of golf knickers or two pairs longtos: sizes 5 to 18 years; in light and medium shades. Boys' All-Wool tC QC Topcoats vv vO Exceptional values in novelty and tweed coats; sizes 21Z to 8. Special.
Men's and Young Men's All-Wool Suits *2l *25 *28.50 New spring models Just received in collegiate three-button and conservative two-button effects for men and young men. Sizes 34 to 44. Eztra pants at smatl additional cost. ,
For Women Rayon Bandeaux Top djl ft r Bloomers.-—-. J A practical well-made rayon brassiere '• and bloomer combined; bodice top stylo with elastic run at knee; sizes 32 to 40; in peach, orchid, Nile and peach. Rayon d* 1 Stepins I V* Lace trimmed, soft gauge rayon In illiitie style ;%lantlc run at waist; r gular sizes; assorted colors. Children's Athletic Union Oft,. Fine pajama check nainsook with builtup shoulders; round taped neck, button front; drop scat; bloomer knee for girls, straight leg for boys; sizes 2 to 12 years.
Extraordinary a Ig Values at 9 It will be a Joy to mother* to pick up a dress of this sort at this price tomorrow. A brand new shipment—come early and make your selection from this wide range of colors, de. signs, materials and styles. Bloomer, straightllne and flapper dresses —amazing values In Ryons, Chambrays, Ginghams, Crash, Prints and Bordered Materials. Plain, fancy and checks; embroidered or applique trimmed; many with organdy collars and ties; sizes 7 to 16 years.
SPECIAL OFFER! Sub-Standards of ftCM.sd* Hose 6Prs., Six pairs of fancy hose of this well-known brand on sale now at *2.50 or the regular price of FIVE pair*. I.ISLE reinforced Muper-a / 'rvlce locks; sizes 9Vi to 13.
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