Indianapolis Times, Volume 42, Number 71, Indianapolis, Marion County, 1 August 1930 — Page 2

PAGE 2

PERRY ESTATE SECOND IN 1929 insurance paid City Residents Last Year Received $5,978,049 in Policy Claims. Indianapolis citizens received 13,978,049 from life insurance companies of the nation in 1929. This figure was disclosed today with the release of the thirtieth annual “Life Payments Number” o. the National Underwriter, weekly insurance newspaper. Heirs of JUnes A. Perry, late president of the Indianapolis baseos 11 club, received the second largest single amount from a policy outing 1929 when *75,000 was paid iL them following the death of Mr. Perry. The largest amount. $150,000, was paid to unnamed beneficiaries. Ranking eleventh in population in the country, Indiana also ranked eleventh in the total life insurance paid out in 1929 among the states with $57,600,000 being turned over to policyholders and beneficiaries. The largest death claim paid by the insurance companies in Indiana during 1929 was $555,000 to the heirs of the estate of Aron Borastein, prominent realtor of Gary, Ind. A major portion of Mr. Bornstein’s insurance covered loans in connection with real estate mortgages. In the payment of the $555000 the insurance company delivered $105,000 to the widow and the the remainder was set up as a reserve and to cover property mortgages. Indianapolis ranked twenty-sev-enth in cities of the country in amounts paid in 1929. It was topped by Columbus, 0., with $6,083,779 in claims. Gary, Terre Haute, Evansville and South Bend ranked in order in Indiana with million-dollar payment totals made in life insurance. The underwriters’ weekly shows that the estate of Thomas Taggart, Democratic politician, was paid $36,000 at the time of his death. It lists the following large policies paid out in Indianapolis during the year: G. B. Clippinger, $59,500; Herman N. Arens, $33,100. “The annual life insurance payments in 1929 exceed the annual wages of the food industry, the textile, paper, printing, petroleum, coal, railroad and transportation industry with $2,197,482,574 paid in the United States and Canada. This was a gain of $140,443,682 over the 192S claim payments,” the weekly asserted. “The 1929 payments equal the United States government’s income and profit tax returns in 1929, while it is over half the federal body’s receipts from all sources,” the report shows. William B. Ward, New Rochelle, N. Y„ late president of the Ward Baking Company, left the largest insurance estate when policies totaling $5,000,000 were paid at the time of his death. Thomas E. Houston of Cincinnati, 0., prominent coal man, was second with $1,845, A 4B. Mr. Bornstein ranked thirteenth in the list of heavy payments made during the year.

Excursions 16 Day Limit Aug. 2 Aug. 23 Niagara Falls, N.Y. $1779 Virginia Beach,Va. S2B“ Tkktb, -wpafluni and detailed ■ informational: Cttf Ticket Office, 112 Monument Circle, phone Riley 3322; and Union Station, phone Riley 3355. J. P. CORCORAN,Dir. Paaa. Agent, IX2 Monument Circle. BIG FOUR ROUTE

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Hole in One Wales, July 25. —A golf ball, driven by Capt. W. E. Jones, playing In the Carnarvonshire championship, dropped into a nest in which a hen pheasant was hatching three eggs. Captain Jones * flapped the ball out of the nest without injuring the pheasant or her eggs and holed out in four.

WHISKY COMES TO TOP Liquor Discarded by Rum Runners Cast Up by Lake Erie. WILLOUGHBY. 0., July 25. Lake Erie is giving up its soldiers—and they’re alive. Homes along the lake front are for sale at the highest prices in the city. For the lake has been casting up all kinds of whisky. The whisky is supposed to come direct from Canada thrown overboard by chased rum runners.

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U. S, PROPERTY IN CHINA RAZED BY REDRAIDERS State Department Jio Ask Indemnity for Damage to Holdings. WASHINGTON, Aug. I—The state department plans to ask indemnity for extensive American holdings destroyed by invaders of Changsha, China, it was learned today. < • Advices state foreign property in Changsha is being systematically looted and burned. Officials do not yet know the extent of the damage to American holdings, supposed to be worth more than $2,500,000. American property in Changsha

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THE INDIANAPOLIS TIMES

is owned by Yale in China, the Presbyterian church, the Seventh Day Adventists, National Anilene, L. E. Gale, Singer Sewing Machine Company, Liggett & Myers and the Standard Oil Company of New York. Although the property was reported destroyed by so-called “Communists," or bandits, it was said that representations would be made to the Nationalist government. Other advices late Thursday said all Americans but one in Changsha were safe, but that the invaders are asking $1,000,000 tribute and threatening to destroy all property in the city unless the money Is forthcoming. Meanwhile, a semi-circle of American warships hundreds of

M SAVINGS Kv QUALITY JBL —that count—and now is \' M. TkJl W/VW) p ~~^ s ie ±1 discrinfinating the time to count them! J t tj CAs/ cXJ factor in the August Sale. y 4 4 4V ~| ¥ ¥ ¥ ¥ Four Star Feature! lUßflk F ° UV Star Feature! A NEW MASTER |7jKVi!M| SOLID OAK Bedroom Creation—s Pieces | j • 8-Piece Dining Suite motion picture stars A A tt ~ onoCAri H designed this new conception of the new tl end 01 this season bedroom loveliness striking in- vl SVjifJ iTiTIiW w —Aristocratic splendor, priced dividuality and gracefulness. The most en- if *[W 1 11IIMJ jr within reach of the most modest chanting of lovely veneers of matched \tomkagmmZS purse. 8-Pc. solid oak suite, with an paneled beauty and soft-toned contrast— antique finished chestnut 7-ply Wsrpmirrors. See this bedroom \ I;4n suite in our windows tomorrow-without four Feature*! eXLtonT Very elaborate, heavily “Old Gold’; Hardware! * * carved top, exquisitely carved buffetOak Interiors! . Extraordinary Good! , 66-In. Buffet! Dustpwof Drawers! -Shop Our Windows- Refectory Table! Rare Carvings! , _ , Host Chair! Extraordinary feature of our ‘ c Fh'vpr<st * Semi-poster or straight-end bed, six- August Sale! Four master l-bro drawer chest, 17x32, and choice of Holly- quality suites, for your living u j u t * SO wood vanity with 24x36 mirror or huge room, dining room and bedroom, 1 ftls s J* lte w ° uia D . e a S ooa D au o dresser. . . . Spring and mattress included at savings never before:equalled more than the puce we asK All o for only— in our history—with unlimited pieces for only—pride, with boundless enthusiasm, we invite you to see these msr four suites—you will be amazed, f n Jjjr wi JHB M IS® delighted, thrilled, beyond all ex- H Jw Bu 111 K■l R M it), JBM ‘‘ONE PRICE”—AII Four V / ■ fgr Suites , $129 Each! | ■ TERMS”—SmaII H ml ——— Amount Down! " FREE DELIVERY dhr R isn't expensive to Furnish your home in have fine furniture — the modern manner — M AT KIRKS mm ON EASY TERMS + .4 / AUGUST \ 4 I Furkiture Sale J Bk Is Brimming Over With Rare Values! MB np H E AUGUST SALE features “4 Star” lifetime furniture bargains. Common- B J- place furniture has no place in The Kirk Stores. . . Everything you see here B . . .has merit... .quality. . ..new style. . .distinctive and refined. . .lifetime J y quality furniture priced lower than ordinary furniture elsewhere. J$L Discriminating ldvejrs of good furniture here find the objects of ftheir search. . . B thrifty people who realize the value of their dollar. . .are certain to find greater value in every department of our stores. It’s Time to Start Buying Now — s Lest Sale and Savings Slip By! - Suite ip w Fascinating Moquettes! nr ▼ y y w WE DEFY YOU—to sit in one of these chairs, or in the davenport—rest your feet on the' ottoman Smart, graceful lines, costume tailored, the and resist buying this sensation. -It will capti- ver y acme gorgeousness in this new livvateyou! It is the most comfortable lounge crea- ! t> r i tion on the market—we had the design, the lines > , room BUlte. Davenpoi t, Bunny Back and the comfort copied from a $495 English club : : Chair and Cozy Arm Chair, masterly taif suite. lored in multi-toned moquettes and JacThit Suite —V*. —Regular Suite Jff . quards of wear-resisting quality. Cushions —2 inches thicker. v *C; |i Covered All Over! • ' Inside Seat—2 inches wider. jljili Carved Frame! 3 Roll Front—Barrelled sides. <: Reversible Cushions. Filled with Moss and Felt. :; Hand-Tied Springs! Chair seat — 4- inches wider. !; I; Chair Seat—2 inches deeper. j: j: PROOF that good taste and charm can be DAVENPORT—Spring-filled ottoman and choice : i; moderately priced. This “Four-Star” August of Bunny chair or “English” cutaway chair, 3 Feature is certain to .thrill you—pieces for !; M 29 H 29 EVENING APPOINTMENTS—May be arranged for any | TRADE, IN—Your old furniture a* part payment on the evening, any hour most convenient to you. Call LI. 4538! > new. A liberal allowance that will please you! 311-313 ~ , w 22-24 East i IJr ■ 9 Washington v j Street B / §9a^ Street w (flQj r%L r~^ nfieM (I nd.) Store No. 3 j N— ' / kZAJ

miles long is posted around the Chinese coast while other boats were stationed or: inland rivers to protect life and property. The present disturbance, in China, another chapter in the long fight between the Nationalist government and insurgent elements, now is centering on two fronts. One is in Hunan province in central China, the other in Shantung. In Hunan province, the Nationalists are lined up against the socalled “Communists,” whose strength is estimated at 60,000. In Shantung the Nationalists’ forces are arrayed against a coalition ofnorthern generals. Advance on Hankow PEIPING, Aug. I.—Communists

who seized Changsha, capital of the Hunan province, Wednesday now are evacuating that city and are believed advancing toward Hankow, it was reported here today. William Llttgle, American citizen, who had been held for ransom by the Communists, has escaped. His companion, Allen Cameron, also held, is still missing. 50 LITTLE GIRLS TO GET TRIP TO CAMP m Fifty little girls, 8 to 12 ytiars, wUI make up the first group to be given an outing at Indiana state parks under the auspices of Governor Harry G. Leslie and the state conservation department, it was an-

nounced today by Director Richard Lieber of the state conservation department. The group will be taken from the Indianapolis Orphans’ home next Tuesday for a two-week encampment at McCormick’s Creek Canyon state park near Spencer.

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They will occupy barracks usesf by Purdue university engineering students and tents erected by the conservation department. Meals will be served under department auspices and Governor Leslie will visit the camp, according to present plans.