Indianapolis Times, Volume 39, Number 195, Indianapolis, Marion County, 23 December 1927 — Page 5

DEC. 23, 1927.

TALE OF 'EASY' t MONEY TO BE P TOLD IN COURT Alleged Muncie ‘Wallingford’ Will Go on Trial Again on Monday. shades of two distinguished figures of high finance. “Get Rich Quick” Wallingford and Mr. Ronzi, formerly of Boston, will hover over the Delaware Circuit Court room at Muncie Wednesday, when Alpha L. Holaday will go on trial once again for violation of the Indiana securities law. This alleged understudy of “big time operators” is expected to be faced with proof compiled by Prosecutor Joseph Davis that he mulcted Muncie businessmen out of approximately' $500,000 through sales of fake stock. It will be the second trial for Holaday who escaped scot free last April when a jury disagreed, ten for conviction and two for acquittal. Faces Ten Counts Davis has called to his aid Bernard A. Keltner, deputy to Attorney General Arthur L. Gilliom. Gilliom also is expected to be present. Judge Victor Simmons of the Blackford Circuit Court has been selected as special judge. Holaday will face ten counts brought by Earl S. Coble, chief examiner for the Indiana Securities Commission. The affidavits, two in number, contain five counts,, each punishable on conviction with one year’s imprisonment and a fine of SI,OOO. In addition there are several charges of obtaining money under false pretenses pending against Holaday in Circuit Court. Operations on Big Scale Judge Roscoe D. Wheat, of Jay Circuit Court, found against the “Muncie Ponzi” last week in action brought by People’s Trust Company, receiver for the Holaday Investment Company and the Holaday estate. By virtue of this decision property belonging to Holaday were held as assets and will be used in part to satisfy judgment. Operations were conducted by * Holaday on a large scale, Davis charges. Here is Davis’ idea of how he worked: It was Holaday’s practice to tell a that had a big deal on hand and if the client would let him have SIOO he would make some

Christmas ... at Pearson’s!

| ORTHOPHONIC VICTROLAS \

Popular console style mi Jfj with nonset auto- ▼I r\ matic stop Jfc

c /~k%TiSOfl Co. £ „°r:„ 126-130 N-Pennsylvania Street Established v

All Out Up Times Special ADAMS, Ind.. Dec. 23.—Mrs. Ruth Boren, postmistress here, is trying to piece together fragments of fifty letters, contents of a mail bag ground beneath the wheels of a fast passenger train. The bag was On a “grab arm” at the station here and in some manner the device failed to w'ork properly and instead of being picked up by the speeding train, the bag was hurled beneath it.

money with it, it is alleged. Ih a few days Holaday would return with $l5O. Several days after Holaday would return to his victim and tell him that with SI,OOO he could take part in a good investment, the State charges. Captured Year Ago The victim of the “Get Rich Quick” scheme would wait—and wait—and wait and ther* would be no Holaday and no money. A call upon the ambitious manipulator would result in payment of a few dollars, which Holaday would say was a "dividend." In this manner he stalled off all elaimants. He was captured about a year ago in Troy, Ohio, and returned to Muncie for trial. Holaday sold fake stock for several years before he was caught the first time, and was then sentenced fdr three years to the Federal Penitentiary at Leavenworth. ' Upon regaining his freedom he returned to Muncie. FREE CHRISTMAS MEAL God’s Army to Spread Cheer Among City’s Unfortunate. General Isaac Ramsey announces that a free Christmas dinner will be given all who ask at the God’s Army headquarters, 1081 Oliver Ave., at noon Monday. Last year the army fed 370 and distributed eighty-one baskets to needy families, Ramsey said. Death Crossing Markers Bu Times Special DECATUR, Ind., Dec. 23.—Railroad crossings here that have been scenes of fatal accidents, will be marked with white crosses, the city council has decided.

GIVEN AWAY A $lO Raincoat or $lO Dress (See Page 6)

THE BEST IN RADIO

TRAFFIC CHIEFS ARE NOMINATED No. 3 Head—See Puasle—-| Group’s Committee Decides on Candidates. The Traffic Club nominating committee has announced these candidates for the club’s annual election Jan. 26: “Regular” Ticket—President, Edgar E. Mills: first vice president, M. O. Parker; second vice president, C. J. Pearson; third vice president, E. M. Elliott; secretary-treasurer, M. D. Collins; board of governors, twoyear term, Walter R. Harris, R. R. Nace, Frank Z. Sims, C. A. Wagners one year (to fill unexpired term), J. W. Dill. “Members” Ticket—President, L. E. Santa; first vice president, M. O P. second vice president, Herbert A. Conneer; third vice president, V. A. Hampton; secretary-

I VbA

m\\TIO\AL I yrVHNITURE COMPANY WASHINGTON JT,

Hera is a gift that never grows old. Music in its highest development . . . no other gift will come so nera to pleasing one and all as a wonderful new Orthophonic Victr o 1 a. Prices start at — 95 Trade in your old phonograph. Very liberal terms.

RCA ERLA CLEARTONE ATWATER KENT \ A. C. or battery operated. Table or console sytles. Wide' price range. Liberal trems.

THE INDIANAPOLIS TIMES

treasurer, Roscoe C. Johnston; board of governors, two-year terms, L. E. Earlywine, F. V. Martin, William Pasho, Ed C. Lipp; for one year, Ashley Poyner. Lawrence N. Helm, present president, will automatically become a board of governors member for two years. The Traffic Club’s annual Christmas party was held at the Severin Thursday evening. Dinner was served at 6:30 p. m. and was followed by an entertainment program and an exchange of gifts. Fred L. Ackerman was chairman of the general arrangements committee. STEAL AL SMITH’S COAT Governor Releases Dogs in Yard to Guard Mansion. ALBANY, N. Y., Dec. 23.—After sneak thieves entered the executive mansion and stole three of A1 Smith’s coats, the Governor gave orders that his seven dogs be released on the grounds to prevent further theft. So now there are seven dogs on a twenty-four-hour duty—a Great Dane, a Spitz and five “plain dawgs.”

Beautiful Credenza (A A A model. A magni- ▼ II I ficent instrument.. 1# W

ataWSTAIRS**YRtSfi .viPAPOPULAR PRICE GIFT STORE H w* FOR THE WHOLE FAMILY#*!

Store Remains Open Until 6 O’clock Saturday

Scores of Desirable Gifts Remain for Last-Day Shoppers Wanted, Seasonable Goods at Lowest Possible/Prices

Substandards of ftt.AU SILK HOSIERY (or Women Exclusively With the Downstairs Store Silk to the Top Chiffon Hose —Full fashioned; lisle lined hem; foot fully reinforced. A A Sizes BY2 to 10. A pair V* •vv

Medium Service Weight Hose Silk boot extends over the knee; lisle hemmed top; seamed back. Sizes 8 y 2 A pal.. 80C

Dolls in Great Variety At Worthwhile Savings Many lovely dolls have been greatly reduced —little crying baby dolls and big “mama” dolls that can go to sleep. They all have cotton stuffed bodies and unbreakable heads, arms and legs. Besides the dolls listed below there are numerous £T 25c.. $7.50

10-inch infant crying Oq doll reduced to o*/C 19-inch “sleepy-eyed” infant r.."“ $1.50

Wash Frocks tor Gifts 1.95 A splendid selection of styles and colors nicely tailored of well-wearing materials—prints and ginghams. Dainty trimmings of lace, pleat and embroidery. Styles for the miss; other styles in sizes, small, medium and large and plenty of extra large sizes. —Downstairs at Ayres.

Last Minute Gift Suggestions Annex Store for Men and Boys

Men's Wool Suits

$ 13.55 to Many .suits are being bought for Christmas gifts from this splendid assortment. There is a splendid assortment of fine all-wool fabrics, in wanted patterns and colorings. Every suit is tailored for perfect fit—and the styles are among the newest for men. Extra trousers to match at small extra cost. Sizes 34 to 46.

Men’s Leatherette Coats, $6.95 Splendid storm-proof coats of imitation leather, lined with warm suede cloth. Large pouch pockets and turn-down collar. Sizes 34 to 46.

Men’s Horsehide Coats, $12.50 These are well tailored coats—made of a good quality genuine horsehide that will give long service. Coats are full 30 inches long, have flap pockets and half belt. This is a fine gift for the man who spends much time outdoors in winter. Sizes 38 to 48.

Men’s Raincoats, $5.95 These are Tower’s “Fish Brand” slickers, so popular with all men. A choice of yellow or dark green.

Service Hose Silk over the knee; lisle garter hem; full fashioned ; fully reinforced. Sizes Bi/ 2 to A A 10. A pair, PJLvV —Downstairs at Ayres.

19-inch “mama” doll with sleepy eyes and d*o PA hair reduced to....W“*wU 18-inch infant doll, "sleepy eyed” and crying, AA reduced to —Downstairs at Ayres

Men’s Dress Pants, $2.95 to $4.95 A wide assortment of fine quality pants in many patterns and colors offers an opportunity to match an odd coat.

Women's Charming Rayosi Bloomers

<I.OO Lovely blopmers in pastel shades built for wear and service; fine quality rayon nicely reinforced. Sizes 36 to 42. Rayon Vests at 79c Soft, durable rayon vest; bodice top style, carefully tailored; in peach, orchid and flesh. Sizes 36 to 42. Women's Rayon Chemiloons, $1.95 Combination chemise and bloomers of nicely tailored rayon; picoted shoulder straps; bloomers have three tierd ruffles at the knee; side opening; in peach and flesh; sizes 36 to 42. .—Downstairs at Ayres.

Pretty Framed Pictures Specially $ Priced at JJ

Pictures are very popular Christmas gifts, especially such large attractive ones as these. They are “ollette” reproductions of famous paintings—- “ The Dawn,” “Dusk,” “The Blue Bird/' “The Dreamer” and “Love Boat.” In beautiful colorings; size 20x32 Inches. Dresser Scarfs, $1 Ea. Attractively made scarves with pure linen centers; with white or colored edging. Toy Aeroplanes, $1.50 This is a reduced price for “The Spirit of Toyland” —well made of wood. Damask Tablecloths, $1.95 Beautiful linen damask tablecloths that will make appreciated gifts; nicely hemstitched; size 55x65 inches. Much reduced.

Men’s Shirts

$ to $ j|.95 Splendid selections of shirts still remain for the last-minute shopper to choose from. They are well tailored garments/ cut full and roomy. In a choice of collar-attached, neckband and collar-to-match styles. Wide assortments of plain colored and fancy patterned broadcloth, and fancy shirtings. Sizes from 14 to 17. $1.15 to $1.95.

PAJAMAS Warm, comfortably cut pajamas in good qualities of cotton outing flannel; in assorted patterns and colors. Priced from $1.19 to $1.95. Fancy pajamas in good qualities of ligh t weight fabrics'; all well made and nicely finished. Priced from $1.15 to $1.69. Fine broadcloth pajamas in white and colors; slipover, round neck ancfcollar attached styles; nicely trimmed, $1.95. GLOVES There is a splendid selection of men’s gift gloves to choose from strongly made, styles for dress and for driving—lined and unlined. Priced from 50c up to $5.

PAGE 5

jg|

1 Velour Pillows, 79c Round pillows made of plain colored velour, with centers-of tapestry. A nice gift. Toy Pop Guns, $1 This Is a rapid fire pop gun that makes a realistic noise but shoots no missile. Rayon Pillows, $1.59 Charming gift pillows in' assorted shapes and colors. They are round, square, oblong and heartshaped. —Downstairs at Ayres.

fi/

SWEATERS Heavy shaker knit sweaters with large roll collar; choice of four colors. Sizes 36 to 46, $4.95. Men’s fine rib knit sports coats in heather colors; 2 and 4 pocket styles at $3.95 and $4.45. HOSIERY Silk and rayon socks in plain colors; all sizes, 3 pairs, sl. Wool mixed socks in plain colors and fancy patterns, firsts and seconds; sizes 10 to 11%; 3 pairs, sl. Fancy rayon and mercerized lisle socks; first qualities; all sizes: pair, 39c.

Scarfs Reduced to $1.35 Beautiful all-wool scarfs with a great variety of rayon designs. Long reefer style, fine color choice; much reduced.