Indianapolis Times, Volume 40, Number 191, Indianapolis, Marion County, 31 December 1928 — Page 15

DEC. 31, 1928.

PLEA MADE FOR BOOST IN AUTO LICENSE LEVY Motorists Would Profit by Increase in Fee, Say Good Roads Men. "Indiana motorists are buying more automobile tires than in many other states,” according to a statement issued today by the Indiana Good Roads Association. ‘‘lndiana motorists travel probably 5.400,000,000 miles during the course of a year,” the good roads association declares. Half of this travel, or 2,700,000 miles, is over Indiana’s rural roads. This tremendous grind naturally necessitates excessive expenditures on those highways not hard-surfaced. “But that is not all. Crushed rock and gravel roads wear out tires much more rapidly than smooth pavements, according to experience, and to proof given by observations tabulated by Washington State college. Motorists frequently report that their tires last twice as long on smooth pavements as on gravel or rough macadam. ‘ln the days gone by, Indiana was considered to be one of the good roads states. However, the spinning tires of the thousands of automobiles now touring the state ■wear out and tear out the gravel that so well served horse-drawn traffic. ‘‘Since In Indiana, road building and maintenance is paid for entirely by motor vehicle and gasoline taxes, and since the cost of inadequate roads is a direct burden on the motoring family, money actually would be saved through the raising of the motor vehicle license fee to an average of $11.50 rather than to continue the average $6.59 fee now collected. "This $5 increase would bring the

Who’s Your Banker?

T3 ANKERS no longer are stony visaged gentlemen who know only how to say “No.” Today—and it will be increasingly true tomorrow —a banker must understand and take a sympathetic interest in the business of his customers. He must be willing—and ABLE—to give them sound advice in the conduct of their affairs. He must be thoroughly alive to the changing currents of commerce and finance. You, as a customer, deserve no less. And that’s why more and more people—when asked “Who’s your banker?” answer, “The Continental National.” We believe that you, too, will find it your kind of a bank . OFFICERS R. W. SPIEGEL, President DAVID H. JENNINGS, Vice-President I W. H. POLK, Cashier C. T. BRADY, Assistant Cashier. DIRECTORS I LESLIE COLVIN JOHN W. HOLTZMAN R. W. SPIEGEL I P. F. GOODRICH DAVID H. JENNINGS H. C. THORNTON ft OBIE J. SMITH [Continental National Bank I 17 North Meridian Street

Indianapolis Life Writes Millions in Insurance

Year Just Ending Best in Company’s History, Officers Say. More than eleven million dollars of new business written during 1928 by representatives of the Indianapolis Life Insurance Company in Indiana helped bring the company’s total insurance now in force to approximately $87,000,000. The company, entering its twentyfourth year, had its biggest and most successful year in 1928. Gains were made all along the line—increased insurance in force, increased assets, reserves, and surplus. The company was organized in Indianapolis in 1905 as a mutual legal reserve life insurance company, to furnish its members with life and endowment insurance at as low a net cost as was consistent with safety. It has never varied from safe, tested lines of underwriting, preferring to place quality of business ahead of rapid growth. The company is especially well known and well patronized in its home city and state, where it has approximately $40,000,000 of insurance in force. The Indianapolis Life plays an important part in the financial stability and business prosperity to its home city and state, bringing in millions from policy-holders throughout the country for investment in sound securities. Operations of the company from Minnesota to Texas and throughout total Indiana fee to a point still well below the average fee paid by motorists as a whole throughout the country. The extra income paid by the 900,000 motor vehicle owners in this state would permit the construction of approximately 2,500 miles of naved road during the next five years.”

the middle west bring Indianapolis in touch with thousands of people. Policy-holders come to know and depend upon an Indianapolis institution for protection and investments. GIVES TRUST SERVICE Complete New Department Developed by City Trust Company. A complete trust service has been developed since the City Trust Company has been at 108 East Washington street, Dick Miller, president, announced today. This department gives a complete service in the handling of estates, insurance and living trusts, besides acting as trustee in all capacities. The City Securities Corporation is affiliated closely with the City Trust Company, in addition to its handling of Indiana road and school bonds, first mortgage real estate bonds, real estate preferred stocks, it has added the sale of fixed trust shares. VALUABLE FOX ESCAPES Animal Valued at $250 Flees from Farm at Rochester. Bn United Pres* ROCHESTER, Ind., Dec. 31. Dwight Green’s -fox farm here is short one member today following the escape of a Blue Alaskan fox which Green valued at $250. He has offered a reward for its return. The animal is somewhat sma’ler than an ordinary fox and is of a dark maltese color. Green is cheered by the hope that it may return to its mate as several others that previously escaped, have done. He pointed out that a fox born in captivity has very little endurance and easily falls prey to dogs.

THE INDIANAPOLIS TIMES

SQUARE DEAL ASKED FOR DULL CHILDREN Backward Pupils Should Get Special Training, Says Educator. Eu Science Service NEW YORK, Dec. 31.—Children mentally dull or backward in studies should not be left to struggle along through regular school classes where they become indolent and discouraged, Dr. J. E. W. Wallin of Miami university declared today in addressing educators attending the meeting of the American Association for the Advancement of Science. Many of these children are not sorted out early and given a fair chance to learn as much as they can in special classes, he showed. Os more than four thousand cases of deficient children referred to two psycho-educational linics conducted by Dr. Wallin, about two thousand were 10 years old or even

HERVEY BATES, JR; JAMES I. DISSETTE Vice President Indianapolis Wire Bound Box Cos. GEO. C. FORREY, JR. President Fletcher American Cc FRED HOKE Vice President, Treasurer Holcomb & Hoke Mtg. Cos; ROBERT LIEBER Vice President H. Licber Cos.

older. In an efficiently organized school system, most of these handiiaped chi’aren would have been examined at 6 or 7 years of age by

A TIP— You surely will enjoy the delicious flavor of Newel’s Egg Noodles. And, say, they are so easily prepared. Start now and use them throughout the New Year. Ask Your Grocer Newel Food Products Cos. 516 West McCarty St. DRexel 6493 Indianapolis

GROWTH Gain in Deposits in Five Years 7000 New Depositors during 1928 0 4 4 Periods of Growth of the Largest Bank in Indiana x TOTAL RESOURCES Dec. 11, 1921 $29481)610.92 Dec. 31,1923 $33,373,130.91 Dec. 31, 1925 $41,320,993.0? Dec. 31,1927 ' $45,682,848.2$ and an increase in assets of approximately two million dollars during 1928 The Fletcher American . National Bank with which is affiliated FLETCHER AMERICAN COMPANY I ndiana f s Largest Investment House COMBINED RESOURCES FIFTY MILLION AND MOREfc ELMER W. STOUT THOMAS TAGGART President Chairman of the Board

psychologists and assigned to classes for the mentally deficient or to classes for the backward, according to their needs.

{BOARD OF DIRECTORS>

EDWIN D. LOGSDON President Knox Consolidated Coal Cos. WM. J. MOONEY President Mooney-Mueller-Ward Company G. BARRET MOXLEY President Kiefer-Stewart Cos. GUSTAV H. MUELLER Vice President WILLIAM L. O’CONNOR President M. O’Connor & Cos. LEO M. RAPPAPORT Attorney-at Law

SHE Many Buildings Decorated by my organization in 1928 are all examples of decorative achievements worthy; of your consideration. Henry Richard Behrens 837 Illinois Building Riley 4205

ALBERT M. ROSENTHAL President Standard Paper Cos; GUSTAV A. SCHNULL Schnull & Cos. ROY C. SHANEBERGER President Progress Laundry Cos W. HATHAWAY SIMMONS Mgr. Bemis Bros. Bag Cos. RALPH K. SMITH Vice President and Cashier CHARLES B. SOMMERS President Gibson Company THEODORE STEMPFEL Vice President and Trust Officer

ELMER W. STOUT President THOMAS TAGGART French Lick Springs Hotel Cos, LUCIUS M. WAINWRIGHT President Diamond Chain and Manufacturing Cos; JOHN R. WELCH Secretary Celtic Savings and Loan Association

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