Indianapolis Times, Volume 39, Number 202, Indianapolis, Marion County, 31 December 1927 — Page 18

PAGE 18

JOD BUSINESS REFLECTED BY STATE REPORT Schortemeier Sees Future Bright for Indiana; Increase Shown. BY FRED. E. SCHORTEMEIER Hrrrrtary of Staff IrajL office of the secretary of . State to some extent is a barometer business activities. From this > °*nt of view Indiana brings to a WB ose with 4 1927, one of the most prosperous years in her history. | It is equally significant that the statistics of the secretary of State || w °tild indicate a most active and -prosperous period for Indiana with he coming of the new year. New Stock Issued The corporations bureau has fffijroken all past records for receipts. Igrhis is more of an indication of ;||pusiness activity than might at first 'je realized. Most of the fees paid ||i n the bureau are for authorization stock in new companies or in en- ® ar ging companies already organized, both with reference to domeslc corporations and foreign cor'orations doing business in Indiana. H All previous records have been ' Shattered in the amount of stock auypiorlzed. The year also brought a f ,ew record for individual fees for stock authorizations. Previous an- / lual receipts of about $283,000 must ■ , 30w this year to more than $505,000,

DANCING Indiana Ballroom New Year’s Eve. Frolic and Jamboree .11 ST ONK (.TH AT DKI.IItII M OF FI K(Ol’S hfvki.ky * 2 —ORCHESTRAS —2 lIOOSIFR lIAII MON V KINGS —A M>— PARA MOl NT 111.1 K; BKI.T.ES Dancing Till Unconscious ? ? A White Hot Sizzling Time ; NOINF UAKF.KS—II \ 1.1.00 NS IF N-JIA K K RS—FA VO l< S (iAJ.ORG INDIANA POMS' GA\F.ST KVKNT ROOM FOR ALL Ladies, 75c —Gentlemen, SI.OO ■ nullifies find Checking;

Indianapolis Life Insurance Company Another Prosperous Year! GROWING STEADILY IMS §325,000.00 1906 §1.281.009.93 1 9 0 7 52,158,315.62 1908 $2,344,449.12 1909 $3,037,1 35.59 1910 $.760,2 3 7.7 1 1911 $4,451,234.48 1912 $5,756 690.86 1913 $7,011,554.27 1914 $8,655,788.49 1915 $10,231,921.21 1916 $12,021,820.06 1917 $13,665,053.54 1918 $15,532,246.26 1919 $20,456,374.44 . 1920 $27,006,018.90 1921 $31,275,345.88 1922 $35,236,427.74 1923 $40,882,131.98 1924 $46,628,369.17 1925 $54,432,038.01 1926 $04,085,397.61 iH 7 $77,000,000.00

Trank P. Manly, President Edward B. Raub. Vice-President and Counsel J. R. Raub, Secretary A. L. Portteus, Treasurer Walter Huehl, Actuary FIELD SUPERVISORS.

INDIANAPOLIS MANAGERS AND SPECIAL REPRESENTATIVES

H. n. Huaton, Loganaport 8. K. Shldeler, Valparaiso I, A. Sayers. Valparaiso K. L. (tantrum, Gary n, <\ Hiatt. Richmond R. B. Clapbam. Columbia City W. E. Kickoff. Ft. Wayne j <'. nomine, South Bend Noble B. Hunt. Denver

Turns Over Legion Gavel

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Hail and farewell! Retiring State Commander Paul V. McNutt, Indianapolis, today turned over the gavel of the Indiana department, American Legion, to new State Commander Frank M. McHale, Logansport, who was elected at the Convention in Paris last fall.

the increase largely representing a tremendous amount of additional stork in companies extending their activities. Auto Bureau Increases The importance of this can be realized when it is understood that SI,OOO worth of capital stock is authorized for each $1 in fee paid. The automobile license bureau also presents its usual annual increase. Jn 1914 a total of 6G.410 automobile licenses were sold, w'hile during (he last fiscal year, which closed Sept. 30, 685,133 licenses were sold. The increase for 1927 over 1926 is about 48,000. Corresponding increases are shown in chauffeur's licenses, truck licenses and. in all classifications except motorcycles, where there is a small decrease. Stolen Cars Recovered The State police, consisting of thirty-six men, gave attention to 26,581 automobile law violators during 1927. In addition to patroling the highways, 4,900 stolen automobiles were reported, of which number more than 4,500 were returned to the owners. About 850 abandoned cars were found on highways. An accident report bureau authorized by the last Legislature is functioning to give information on causes of the greatest number of automobile accidents, as well as to make available reports of those drivers who are responsible for one or more accidents. Outlook Is Good The bureau of criminal identification and investigation operated as a branch, which was opened July 1,

Charles E* Ferrell U. K. Yeaglcy E. H. Caperton .1. I’erry Meek 11. .1. Buell L. I>. Ginger

George w. Annwalt Chester O. Martin .1. A. Os-hiltree Ed E. Young L. J. Eb.v .1 alien \V. Schwab

Bussell Farmer, I'nion City J. B. Rhoades, I'nlou City M. Cooper, Kokotno tV. G. MeClelUn. Kokomo V. 1,. Snyder, Marion S. t;, Davidson, Marion J. 11. Smith. Spencer C. M. Kerr. Arcadia tv. w. Malioira, Shclbyvllle

is getting under way in a substantial manner. Already the fingerprints of more than 6,500 persons who committed felonies are available. The bureaau has served as a clearing house for crime and criminals. Indiana is one of thirteen States which has a central clearing house on crime and criminals to aid the local law enforcing officials. The year has found Indiana active and flourishing, and from the volume of business during the latter part of the year it is reasonable to assume that the outlook is scu 'd for a prosperous and happy 1928 icr the people of Indiana. FEWER BANK UNITS Resources of Existing National Institutions Show Gain. 11 n Timm Special. WASHINGTON, Dec. 31—The annual report of the controller of the currency states that there were 7,832 national banking associations in existence at the close of the current fiscal year, Oct. 31, 1927. This represents an actual decline of 176 from the total at the end of the previous year. That this does not represent, however, a decline in national banking strength is evidenced by the fact that the resources of existing institutions are about $1,500,000,000 greater than a year ago. The decrease in the number of national banking units in the year haa been due to failures, mergers ana to a tightening of restrictions on new enterprises.

Joe C. Caperton. 2nd Vice-Pres. & Agency Mgr. Dr. J. B. Young. Medical Director Dr. F. A. Morrison. Medical Director W. A. Tidwell, Mortgage Loans W. Irving Palmer, Agency Secretary L. G. Ferguson J. R. Malfield

Guy W. Alexander 1.. S. Hoyle Paul E. Fisher C. K. I'mlerwood Paul Fuqua Geo. M. Spiegel

C. C. Lowe, Kontland Thomas Wilkins, Biuffton Milo Amos, Warsaw W. V. S. Norris. Rochester .1. s. Williams. Mi. Vernon c. H. Sprunger. Ft. Wayne Andrew W. Blake. Madison F. C. Both, Ktishvilie

THE INDIANAPOLIS TIMES

BUSY YEAR FOR DRY LEAGUERS ——No. 3 Head—See Puzzle Anti-Saloon Leaders Report Great Progress. By E. S. SHUMAKER Indiana's Anti-Saloon League was founded in October, 1899, and is in its twenty-eighth year. The League's three departments of activities are agitation (education!, legislation and law enforcement. In the work of law enforcement, the League, through its legal department, has kept in close touch with' problems all over the State. The legal department has been connected with many abatement suits, successfully prosecuted, both in Indianapolis and other parts of the State. Educational work of the League has been carried on in a larger way than ever before. Tons of literature have been sent or taken out of the League office. Another line of educational activity has been addresses in high schools through arrangements by ministerial associations with high school authorities. Another kind of league educational activity has been the use of moving pictures. A league representative constantly is traveling over the State and using the two films produced by James K. Shields The dramatic debate entitled

Thanks Our Patrons

The speeding days have turned the pages of time to the end of another year! Those days have brought to us patrons from every walk of life. They have brought business men with clear cut plans involving millions of dollars; fathers with the interest and protection of their families at heart; young husbands working for the realization of the home of their dreams and widowed mothers seeking counsel and advice. . ... In every case we have acted with scrupulous regard for the interests of our customers, and the promptings of a watchful conscience. Our efforts have been repaid beyond our most sanguine expectations.

Commercial Department Real Estate Department The year 1927 has been one of satisfactory prog- f) The volume of business in this department for ress for the Checking and Savings Depart- \/ 1927 exceeds that of 1926. The addition ok a nients. The average balance, per depositor, new arm sa^es ari( l development servhas increased since 1926. Both of these ice has .rounded out this department indepartments have experienced sub- to a complete Real Estate organizastantial growth throughout the year. t* ol1 ’ e( l^ipP with highly trained Bond Department cl"ded in the fifteen subdivisions r r i handled through the department are For our state-wide organization the r ' such additions as Williams Creek total bond sales for this year have ex- Bslß*arv '? \ ’^ Estates, Meridian Hills. Forest Hills ceeded those of any previous year. Our allf l Vernon Acres, providing some of new Land Trust Certificates have been v **"*** the most desirable home silos in and very satisfactorily received by our many around Indianapolis, clients. New offerings now under way should make 1928 even a better year than Business and Industrial Department 1927 tor our state-wide organization. W&NHiR' With an increased amount of property placed Insurance Department under its management, this department has r completed a very satisfactory year. The hanThe amount of business handled by this depart- dling of such developments as the Central Parkment in 1927 far exceeds that of any other year. ing Garage on Kentucky Avenue, RemingtonOperating under the slogan of “Intelligent Insur- Rand Business Service, Inc., on North Meridian, ance Service,” the Insurance Department has given kfn)s Quick Tire Service Station on North Meridian and highly satisfactory service to its customers. The re- the new home of the Kenwood Tire Company at cent addition of live stock coverage to its long list of Delaware and Walnut streets and many others has insurance services now enables this department to write enabled this department to complete its most successany known form of insurance except Life. ful year.

Safe Deposit Department The year 1927 marked the installation of 480 new boxes in the Safe Deposit Department, with a substantial increase in the number of boxes rented during the year.

J. EDWARD MORRIS President MARK V. RINEHART Vice-President and Secretary FRANCIS W. PAYNE Vice-President and Asst. Secretary CLIFTON N. FIELDS Treasurer J. EDWARD JOHNSON Auditor DELMAR G. PATRICK Asst. Secretary and Treasurer CALVIN J. CLYMER Asst. Secretary and Treasurer

WASHINGTON BANK AND TRUST CO. WASHINGTON STREET AT SENATE AVENUE

"Can the Law Be Enforced?" has been used by the Anti-Saloon League in Indiana during the last twelve months. In addition, we must note the Sunday meetings held practically every Sunday in the year in various sections. Indicating the increased interest and cooperation of the churches with the anti-Saloon League, we give the following figures: In 1925 the Indiana league held 848 meetings throughout the State: 1.042

SHE Many Buildings Decorated by my organization in 1927 are all examples of decorative achievements 'worthy of your consideration. Henry Richard Behrens 837 Illinois Bldg. Riley 4205

OFFICERS

OTTO MEYER Bond Department GORDON S. GRIFFIN Bond Department HENLEY T. lIOTTEL Real Estate M. L. HALL Business and Industrial Property PETR ACHE VELESSCU Foreign Department R. E. THROCKMORTON Insurance Department

meetings were held in 1926; in 1927 there were 1,181. In 1925 the various meetings addressed by representatives of the league contained 56.519 hearers; in 1926. 99,754, while in 1927. 117.875. DROP IN TRAFFIC FINES Fines collected by the traffic bureau amounted to $20,074. a decrease of 51,571 over 1926. March and April were the peak months for traffic fine payments. The March total was $2,921 and the April $2,621.

Trust Department * The large increase in corporate and real estate trusts has made 1927 the most progressive year for this department.

During November the fines totaled $990. There were 474 arrests. Os

The only car of its kind in the world. Entirely new engineering principles. Years ahead of its time. On Display January sth A PRODUCT OF DODGE BROTHERS

We desire no personal credit, because we have merely done our duty as a public • institution, earnestly striving to further the interests of its customers. But, to our growing army of friends and patrons, we wish to express our sincere thanks for their business, confidence and unfailing friendship during the past year. For the information of our many patrons, we wish to announce that alterations are now in progress which will practically double the floor space occupied by this institution.

BOARD of DIRECTORS

E. L. COTHRELL Pres. E. L. Cothrell Realty Cos. WM. C. HAYWARD Hayward-Rich Grain Cos. EDWARD A. KAHN Pres. Colonial Furniture Cos. J. EDWARD MORRIS Company's President JESSE A. SHEARER President Indiana Gravel Cos.

Foreign Department Increased Euro pc an travel has caused a material gain in the returns of this department. The foreign exchange handled has exceeded that of last year.

THOS. E. PASS Pres. Sellersliurg State Bank JOHN POWELL Powell Bros. Union Stock Yds. t'HAS. B. RILEY Sec'y Indiana Grain Dealers Ass n MARK V. RINEHART Attorney CARL 11. WEYL Elliott, Weyl and Jewett

.DEC. 31, 39ii

this number 440 were first offenders,\ thirty second and four third.