Indianapolis Times, Volume 42, Number 4, Indianapolis, Marion County, 15 May 1930 — Page 5

MAY 15,1930.

STATE’S CLAIMS RULED PRIOR IN BANKCLOSINGS Ogden Opinion Regarded as Far-Reaching; Liability on Stock Argued. New chapters were being written into Indiana banking history today both by the supreme court and Attorney-General James M. Ogden. While the court heard an oral argument on the double liability of ’ stockholders in state banks, an opinion was given the state treasurer from the attorney-general's office setting out that the state is a preferred creditor in all banks in receivership or closed by the state banking department. The court case was appealed from Wells county, where the circuit court held that stockholders of the

< l . ■'gS^SSSHS^SSm^SSSSSSSSSSSSS^SSS^SSSSSSBSSfS^t ' Vermin Proof' _ • 7 26x57-Inch Side-Opening Gar- ■rflili N. “ *• >i ment Bags. Valuable for storing Kfflo h •*: *■ A bSMbH JtKk mßk HR BiW ? bag fitted with convenient hooks for ISiJrA Attfe BHT fpjr HfllM SSTj IB BE Ms USB vLm - three garment* .. . (gaHhuaWWIB tLIMKA VIBWBII W/ 3 fw 39c V * jßjff / 25c Apex Moth Cakes 21 e SHURa 7 $1.50 Larvex, with Sprayer .sl,lß EMBBjMIptpMHMyH HL ddffcjiJ SI.OO Enoz Moth Spray, pint..74c n3k ' Moth Balls or Flakes, Stores Only : : m pound IoC, 3 for lOc

Savings That Are Yours Every Day in the Week

Thermatic Jugs —lnsulated With Cork —Crockery Lined Actual Q Q _ $1.50 Value /OC . 1-Gallon Thermatic Wonder jug that will keep foods and liquids hot cr cold for rnatiy hours. Strong steel case, finished In green duco. Insulated with cork and lined with crockery. A value without an equal, 98*. Eight in One Handy Tool Sets, 98£ M ... -1 For home, office or 111 > auto. Hammer, chisel, 2 mrm i. „Jtl ■ ✓ serewdrivers, 2 punches, amammeamrn gimlet and bit. The ex1 tra tools are stored in the hollow handle.

Surgical Supplies Adhesive Plasters 'i-In. x 5 yds 27<* 1- x 5 yds M4* 2- x 5 yds 49£ Red Cross Kidney Plasters 21c 1 f Belladonna Plasters 15* • J. * J. Red Cross Cotton, 1 lb 79<* Belleview Plain Gauze 1 Yard at 17* 5 Yards at 49c Gauze Bandages 1- x 10 yds 6C 2- x 10 yds. lie 3- x 10 yds 17c First Aid Kit Strong metal case, containing sterile gauze, cotton, bandage. adhesive plaster, ointment, iodine, mercurochrome, scissors, etc. 17 articles (b | qq all told at

Large Pieced Chamois #s9c Soft finish, for home or auto use. S e c u* e ly stitched with silk thread. Will not rip or scratch. 75c Rubber Gloves 49£ Cuban Wool Sponges 75£ Cleveland Wall Paper Cleaner..6^ 75c Old English Floor Wax 59^ 10c Climalene f^esp|ji 25c Bowlene, cleans

HOOK’S STORES ARE, FIRST OF ALL, DRUG STORES

Studebaker State bank at Bluff ton are not liable for double the amount of their stock. Previously settlements had been made in bank closures on the federal law, which holds stockholders for douftle indemnity. The case attracted a host of lawyers from throughout the state to the supreme court chamber. Frank Richards, assistant to Mrs. Grace Banta Reynolds, state treasurer, declared the attorney-general’s opinion giving the state prior claim to be “far reaching and revolutionary.” He expects the matter may be tested in the courts, and he will institute recovery suit, based on the preferred creditor theory, for the state funds in the Jay County State bank of Portland. When closed, by the staie banking department the bank had less than SIO,OOO of state funds on deposit, Richards said. Because there has been no court ruling in the matter, Richards said he would not attempt collection under the attorney-general’s ruling of the $98,809.48 in state funds on deposit with the State Savings and rrust bank in receivership here. This collection will be made on the $125,000 bond, he declared.

$1.25 Absorbing Jr 79c 50c Auto-Strop Blades . . . 51c 25c Citrate ot Magnesia . . . 15c SOc Glostora Hair Dressing . . 56c 45c Kotex Sanitary Napkins . 28c SI.OO Lavoris Month Wash , , 63c 60c Panex for Cowghs 39c 50c ZonSte Antiseptic 53c 60c McCoy’s Cod Liver Oil Tabs 40c SOc Pew Pe 4orant 42c Castor OH, 6 ozs 25c 60c WatkhCs Miilsified Shampoo, 54c 50c Meet Depilatory 54c 25c Woodbury’s Toilet Soap . 16c 60c P. &R. Cold Cream .... 34c

SNORT TROUSER FAD CONTINUES COLD Dartmouth Students Hail New Pants Style as ' ‘Triumph of Man.’ Bu United Press HANOVER, N. H.. May 15.—Rain today failed to halt the “shorts” fad and nearly 500 undergraduates wore abbreviated breeches to their classes today. Shorts enthusiasts did not need to wear shorts today to remain faithful. The Daily Dartmouth, student newspaper, said editorially that henceforth the abridged trousers should be worn “not on principle, but for comfort.” Thus, shorts would be considered in style only on warm days. The fact that shorts appeared in great numbers Wednesday, despite cold breezes, was hailed by the

/ 50c^\ / Pepsodent \ / Tooth Paste J V 33c I 50c Kolynos Tooth Paste M \27c Parke-Davis Vanilla Extract Aged in Wood ,L 33 c | ozs 52 c

65c Barbasol Shaving Cream • Ve /sTooX / Horlick’s \ I Malted Milk \ V 67c ) \ $3.75 Hospital Size M Horlick’s Malted M Milk, $2.69 J

.THE INDIANAPOLIS TIMES

Daily Dartmouth as “a triumph of man over weather.” “Now, the college having made its gesture, we settle back, abjure all ballyhoo, and in seriousness propose the step which wall male Wednesday not famous for its novelty, but large-looking from the permanence of its results,” the paper continued. * “They no longer will attach a stigma to the man who appears with pants slashed above the knees. The time is past when that wide expanse

W See Banff andJOaheXouise / /gM lj|J at no extra tare, enroutp to the land ot midnight uvbXz)) Vwjß IR sung and Klondike thrills. Largest, finest liners ■ I || on the spectacular “inside passage.” Canadian 1 „ C£\ In Pacific service and cuisine to make every m minute memorable. Ask also about all-expense lli ffi tours of the West, and Vancouver Island cruises. TXiaska up ... round trip from P. G. Jefferson T. P. A., 430 1 ■ Vancouver, Victoria, Merchants Bank Bldg.. Indianapolis, Seattle, to Skatway. °, r „ a " y „ loc ?i a(?ent - Fc £ freight L™™- I Meili and berth included ® A. Macnaniara, D. F. A., } ana nertn included. McrchvUs Bank Bld(u Indianapolis. Canadian Pacific

CIGARETTES In Tins of Fifty 30c Chesterfields, Camels, Lucky Strikes, Old Golds No more broken or crumpled cigarettes when you buy them this way. The flat, snugly made tin box helps to keep them fresh. ; ALL POPULAR 5c CIGARS 6 for 25c —Box 50 at $1.98

Remove That Com With FREEZONE it 22c W 50c Scholl’s Foot Balm J34# U 25c Blue Jay Bunion Plaster.l9£ 35c Tiz for Tired Feet 29£ b|[ 35c Allen’s Foot Ease 29C Bauer & Black Pads 10£ 15c Jim Crow Salve 10£ Use “Outgrow” U for Ingrown Nails 35c Calocide Powder. 29* SI.OO QQ _ 35c Gets-It-Com Size Remover, 28c

from thigh to ankle must be held in concealment away from the eyes of the multitude. “Now your best friends won’t tell you that even friendship must break if you persist in your undignified course.” New Degree Offered BLOOMINGTON, Ind.. May 15. Doctor of education, abbreviated Ed. D., is anew professional degree to be granted by the Indiana university school of education.

Week-End Candy Treat Two 1-Lb. Boxes 58c Value 39c This candy special consists of one pound Milk Chocolate Covered Peanut Butter Chips and one pound Iced Wild Cherry Flips, QQ/. both for DUC CHOCOLATE CORDIALS A delicious confection of chocolate, rich cordial and OA cherry. Lb.... . . 02/v Chuckle Jellie 1 A Orange Ices, 1 lb. 11/C Covered Almonds. Milk Chocolate Covered Almonds, A A lib 4iJC

PETTIS Downstairs For Friday Only

COATS, For Summer A At a Remarkably Low Price s ls 1 Silk, velvet ant * road - i— -i cloth coats in 7 Mwrsmart styles. ilflti Several |y Jsmm sports coats in light colors. 7/ Sizes 14 to 44 // and 46 to 50. f Pettis, Downstairs Store.

DRESSES New and Colorful

And Most Attractively Priced at—bay prints and plain color silk crepes in many smart new styles. Flares, pleats, flounces, and new neck treatments. Sizes 14 to 44. Pettis, Downstairs Store.

ii I

SHOES Cool and New Regular $3.95 to $4.95 values. Ties, oxfords, pumps and straps. White, blonde, beige, in many smart styles. Sizes 354 to 8. All widths. • Pettis, Downstairs Store. Silk Hose Pettis, Downstairs Store. Bath Towels, 140 19c Value. Bleached bath towels in plain colors or with novelty colored borders. $1.69 Bedspreads, $1.29 Crinkled bedspreads in colorful stripes. Seamless. Finished with scalloped Full sizes.

WASH FROCKS

$1.95 Value—s| .00 Dimity, batiste, pique and broadcloth in all the dainty new patterns and color combinations. And all are washable. Sizes 16 to 44. Pettis, Downstairs Store.

Children's Dresses, $1.19 Regular $2.95 values. Washable prints in a delightful assortment of styles and color combinations. Broken sizes 7to 14 years. Children's Hose, 19e Anklet hose of mercerized cotton and rayon. Plain colors and novelty weaves. All sizes. Rayon Lingerie, 44c 59c Value. Vests, French panties and bloomers in white and pastel shades. Ail sizes. Boys' Sports Hose, 29c 39c Value. Three-q uarter length sports in unusual patterns on tan, gray and blue. All sizes. Men's Novelty Shorts, 39c Regular 49c values. Broadcloth shorts in novelty stripes and prints. All sizes. Men's Union Suits, 79c Regular $1 values. Rayon athletic union suits in white and pastel shades. Sizes 36 to 46. Porch Pillows, 33c New r cretonne porch pillows in many floral and modernistic patterns. Curtain Voiles, 9c Regular 15c values. White, ivory and ecru curtain voiles. Taped edges. Cambric Percales, 19s Regular 25c values. Fine count cambric percales in new’ small figures. All are fast color. 36 Inch. Bleached Sheets, 97c Regular $1.29 value. Bleached seamless sheets, in round thread w eave. Deep hem. 81x99 Inches. Crash Toweling, 17e Regular 25c values. Full bleached all linen crash toweling, very absorbent. Blue border. 16 Inches w ide. N Striped Awning, 39c Regular 69c value. Woven stripe awning duck, in a wide range of attractive patterns and colors.

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