Indianapolis Times, Volume 41, Number 20, Indianapolis, Marion County, 4 June 1929 — Page 2
PAGE 2
INDIANA FIELD EXAMINERS END SESSION TODAY Election to Close Meeting; Banquet High light of Gathering. One of the chief .beneficial effects of the board of accounts is the moral effect it has on public office holders, Archie Bobbitt, state auditor, told board of accounts field examiners in their second day’s session in the senate chamber today. The annua! two-day meeting was to clos<- this afternoon with election of officers of the field examiners association. A social high light of the gathering was the annual dinner Monday night a the Indianapolis Athletic Club. Sixty-five field examiners, termer field examiners and guurts attended. The program was informal and presided over by Lawrence F. Orr, chief examiner as toastmaster, and President Tracy Whitaker oi the association. A movement for paid vacations for field examiners, such a prevail n other governmental departments was suggested by some of the examner speaker'-. W. P. Cosgrove, field examiner, stressed the importance of Governor Harry G. Leslie’s announcement that no relief could be expected from the chief executive in the case a crooked public official was brought to bar by the examiners. He also cited the good effect of adequate newspaper publicity regarding examiners’ report s. At the speakers' table were L- O. Chasey. secretary to the Governor; Gaylord Morton, assistant secretary; Ray D. Ererson, managing editor of the Indianapolis News; Boyd Gurley, editor of The Indianapolis Times; James A. Stuart, managing editor of the Indianapolis Star, and Senator Luthor O. Draper, Spiceland. of the state budget committee, all of whom spokw Among other speakers were Fred T. Gladden, newly elected Marion county school superintendent; Thomas D. Barr, assistant state banking commissioner- Greenberry Lowe, deputy chief examiner; A. C. McDaniel, state budget clerk, and Harry Boggs.
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SJfrf Tax Exempt Real Estate Q&f O /0 Convertible Preferred Stock /0 With all of the Common Stock, repres-nting the entire ownership of completed property. 3,000 UNITS Quaker City Realty Corporation $150,000.00 6 r v Preferred Stack. $ 75,000.00 Common Stock. Each unit consists of one share $3.00 Convertible Cumulative Preferred Stock and one share of Common Stock. Secured by completed, modern theater and store building on the Northeast corner of Main and Ninth Streets in the heart of the business district of Richmond. Indiana. NO MORTGAGE OR ENCUMBRANCE ON PROPERTY Dated May 2 1929 Denominations, Preferred. SSO Common. $25 Dividends $3.00 per share per annum, payable semi-annually on January and July Ist. First dividend payable July Ist, 1929. Callable at $52.50 per share upon thirty days’ notice. Maturing July Ist, 1944. VALUATION OF PROPERTY The Quaker City Realty Corporation owns a valuable 99-year leasehold at the Northeast corner of Main and Ninth streets in the heart of the business district of the City of Richmond, Indiana, having a frontage of 63.67 feet on Main Street and 165 feet on and along Ninth Street. This leasehold has been improved by the erection of a two-story brick and concrete theatre and business building at a cost approximating $220,000.00. This leasehold estate has been appraised by Jesse A. Bailey and Turner W. Hadley of Richmond. Indiana, competent Realtors, whose average appraisal is in excess of $240,000.00. INCOME (Based on two years actual experience! Fitzpatrick-McElroy lease $22,560.00 Two Storerooms 5,100.00 Office rooms 3.000.00 $30,660.00 Fixed charge (ground rent, taxes, etc.! 10,009.00 $20,660.00 Sinking Fund on Preferred 8,000.00 $12,660.00 Highest possible Preferred Stock dividend 9,000.00 Balance for Common Stock $ 3,660.00 SINKING FUND The company covenants and agrees to deposit with the Trustee 40of the net income before dividends on preferred from the property which said sum shall be used by the Trustee in the purchase or calling for redemption of shares of the Preferred Stock at not to exceed $52.50 per share plus accumulated dividends, and the shares so purchased or called for redemption shall be cancelled. CONVERSION PRIVILEGE Each share of Preferred Stock is convwxible into two shares of Common Stock for each share of Preferred Stock at the option of the holder thereof on or before July l. 1931, and thereafter it may be converted into two shares of Common Stock upon payment of a premium of $2.00 per share on each share of Preferred Stock, for each year or fractional part of a year such conversion may be delayed beyond July 1, 1931. We recommend this issue as a safe non-taxable investment with appreciation possibilities. PRICE—S7S.OO PER UNIT Yielding free of tax, taking account of retirement of Preferred Stock. City Securities Corporation 108 East Washington Street
Annapolis ’ Pride
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He’s “honor man’’ this year at the United States Naval academy at Annapolis. And not only that, Midshipman John B. Webster, whose home is in San Diego. Cal., has led his class in scholarship every year since he first entered the academy.
LEGION FILM BOOKED •Old Glory’ Wiil Be Shown at Apollo Theater. A one-reel motion picture. “Old Glory. ’ history of the development of the Stars and Stripes, with Police Lieutenant Otto Pettit, as one cf the characters, will be shown tor the first time at the Apollo theater the week of June 8. The picture was produced by the film service of the American Legion national headquarters. Interior, shots were made in the Little theater, Nineteenth and Alabama streets, while exterior scenes will include views of the Indianapolis sky line from the Indianapolis Athletic Club. Illinois and Washington streets and the new Armory. Davis Sworn in as Island Head WASHINGTON, June 4.—Dwight F. Davis, former secretrv of war, w ; sworn today as governor-general of the Philippines to succeed Henry L. Ftiy.ynr. now secretary of State.
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GIRL 3, TAKES DOG ON JAUNT; WANDERS MILE Police Double as Cowboys to Round Up Hogs; Cattle Escape. If it's true “he travels fastest who travels alone,'’ it's hard telling how far from her home at 1261 Bancroft street Marjorie Throm, 3. might have been today, but for her • puppy-dog” Flip. When Marjorie and Flip disappeared from the yard of the Throm home Monday afternoon neighbors scoured the neighborhood. An hour's search was fruitless. Another how ana the search exj tended south eight blocks to Michi- ! can street. Surely,searchers thought, j the 3-year-old girl had not dared ! cross that heavily traversed street. At 7:20 Marjorie’s father, Earl j Throm, called police. Shortly after she was found sauntering along Emerson avenue with Flip, south of j New York street, more than a mile from home, a bit tired, of course, but not the least bit worried. Cops Act as Cowboys Two policemen doubled for cowboys earl” today as twenty-three hogs, a cow and two calves starni peded when a truck on which they were brought here by J. E. Yarian. Flora. Ind, overturned in an automobile accident at Illinois and I orty-sixth streets. Motor Policemen Hensley and' Anderson and Henry E. Devaney, 3720 Broadway, driver of the other car, aided Yarian in collecting the hogs, but late today Yarian still was seeking the cattle.
Rum Runners Escape Nine five-gallon cans, which police believe contained grain alcohol, were spirited away by customers of a poolroom near Denny and East Washington streets Monday night before police arrived on the scene of an automobile accident at the intersection. W. H. Fisher, 247 East Tenth street, driving one machine, told police the other motorist, from whose car the cans tumbled, fled after tire accident. Because there was no one at home when a squad under Sergeant John Eisenhut poured out five gallons of brewing beer and two quarts of home brew at 1412 East Le Grande avenue Mondav. the officers wrote a letter explaining the beer's disappearance. On complaint of Frank Taylor. 33. Louisville, that, he had been robbed of SSO and a watch during a drinking bout in the home of Harry Rice. Negro, 39, of 1523 North Illinois street. Monday night, police arrested Rice lor operating a blind tigev. and held Taylor and two others on vagrancy charges. Gets Hit-Run Driver Robert- Sloan, Negro, 1001 Colton street, was fined $230 and sentenced to 120 days on the Indiana state farm by Municipal Judge Clifton R. Cameron, before whom Monday afternoon he admitted leaving the scene of an auto accident and driving while drunk. Driving away from the Indianapolis Motor Speedway Sunday, Sloan struck Thomas Whitlock, 1802 Northwestern avenue, riding a bicycle. The boy was not seriously injured. Judgment was witheld on additional charges of drunkenness, assault and battery, failure to display headlights, failure to have license plates, and failure to shew an auto registration card. Lee Anderson, Ravenswood. was held on a charge of reckless riving after an automobile collision at Sixty-third street and Keystone avenue Monday night. He war, injured slightly.
The tropical year contains 365 mean solar days. 5 hours, 48 minutes and 46 seconds.
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THE IXDIAN’AHOLIS TIMES
Murder Accused
Mrs. Catherine Casslcr B.n Times special VALPARAISO, Ind., June 3. Charged with the murder of Miss Cameioa Soutar, 24, Chicago divorce, Mrs. Catherine Cassler, 40, is held in the Porter county jail here.
MUSIC FEST MAPPED Famous Artists to Appear at Winona Lake. Musicians and instructors of international fame will appear at the annual music school and festival at Winona Lake. Ind., Aug. 12-25, Homer Rodeheaver, director, announced today. The festival will open with a children’s operetta and continue the first four days of the two weeks’ conference with a band contest the second day, a program by artists of the faculty the third day, and a concert by Miss May Peterson of the New York Metropolitan Opera company concluding it. George L. Tenney, director of music of the Congregational church, Chicago, will head the church choir directors’ department. Frederick Vance Evans, Los Angeles. Cal., and George Kester, Dayton, O, will have charge of a choir work conference. The faculty also will include Miss Katherine Carmichael, St. Louis; Miss Edna Boles, De Pauw university, and Hadley Outland, voice instructor, of Chicago, SERVICE CLUB INSTALLS Sidney Miller Succeeds Mark Hamer as President. Sidney S. Miller today took office as president of the Service Club, succeeding Mark M. Hamer. Other officers are: Oscar C. Catterlin, vice-president; C. Alfred Campbell, secretary; Evans Woollen Jr.. treasurer, and George G. Mize, sergeant-at-arms. Fifty-sixth Ballot Elects B’i United Press BLUFFTON. Ind.. June 4.—After a deadlock, Monday, trustees of Wells county today elected Frank Day superintendent of county schools on the fifty-sixth ballot.
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JUDGE TO GIVE MANAGER SUIT DECISION SODN Dunlavy Takes Case Under Advisement After Heated # Debate. Ruling in the city manager injunction case which will be carried to the state supreme court in an effort to determine whether the 1921 manager law is constitutional, is expected to be made within a few days by Superior Judge William O. Dunlavy. At the end of more than six hours’ argument by attorneys Monday afternoon, Dunlavy took the matter under advisement. Heretofore, he has indicated that he would lend all possible speed to the case. The suit, filed by Clinton H. Givan, attorney for Clifford Keane, supporter of George V. Coffin, city and district Republican chairman, seeks to halt preparations for holding a manager election" November 5. City manager attorneys filed a demurrer attacking the points of alleged unconstitutionality of the law as set out in the complaint and asking that the injunction not be granted. Sumner Clancy, attorney opposed to the law, said the present city manager law with its amendments was a “monumental piece of legislative patchwork.” He said the law is void because of the attempt to
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unite the judicial, legislative and executive branches of government. Taylor Gronmger, manager counsel, answered this allegation, citing decisions showing that constitutional provisions calling for three separate governmental departments, apply only to state and national governments. HEAR HOSPITAL PLEA Appeal for $1,000,000 Fund Over Radio. Declaring that inci eased population demands additional hospital facilities, Arthur R. Baxter, general chairman, Monday night made a radio appeal for the Methodist hospital $1,000,000 expansion fund movement. When the expansion program is completed, Baxter declared there will be 600 rooms 'affable, with a staff of more than „Q 0 urgeons and physicians andd 200 rmses. “Sectarianism is no recognized,” Baxter stated. “The hospital is for the entire city and state, nor is there any distinction between the patient who pays the regular rates and the patient who pays nothing.”
TREE EXPERTS SUED The Davey Tree Expert Company today filed an injunction and $5,000 suit against Hiram Engledon and Hobart H. Blount, Marion county tree specialists, for alleged use of the company's patents. The suit alleged the men were educated in tree surgery at the company's school and later broke contracts with the firm to work in ifs employ.
THREE KILLED IN BUS CRASH Nine Others Injured When Auto Hits Vehicle. Bn United Press BATAVIA. O . June 4.—Three persons were killed and nine others were injured Monday night when a Cincinnati-Columbus bus skidded into a ditch and overturned after
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locking in wheels with an auto, seven miles from here. The dead are Mr. Edward C. Iretor and wife of Marathon, 0., and a woman, tentatively identified as Mrs. Lucy B. Sehoyer of Hillsboro, O. Occupants of the bus denied ii was traveling at an excessive rate of speed. The Rev. Alvis S. Bennett, 57, Hartfoid, Ky„ one of the occupants of the bus. said the bus was proceeding slowly in the middle of the road when the auto attempted to pa&- it on the right. The wheels of the two vehicles interlocked and both went into the ditch after skidding ITS feet.
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