Indianapolis Times, Volume 42, Number 203, Indianapolis, Marion County, 2 January 1931 — Page 1

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REBELS RULE PANAMA; HOLD NATION’S CHIEF -t Revolting Youths, but Is Unharmed. jAMERICAN SHOT DOWN (Provisional Government Is Proclaimed and Lawyer Named Head. By United Press PANAMA CITY, Jan. 2.—Revolutionaries seized the capital today and proclaimed a provisional government headed by Dr. Harmodio Arias, a 44-ycar-old lawyer. There was a brief conflict marked by heavy machine gun and iifle Are. Eleven insurgents were killed and four wounded. President Florencia Harmodio lArosemcna. Liberal party leader 'who took office on Oct. 1, 1928. for /four years, was taken prisoner by revolutionaries who slipped into the' presidential palace from the balcony of an adjoining house and descended on police guards from the rear, TJ. S. Troops Guard Legation The rebels met Arocemena on the second floor, taking him prisoner and holding him under guard in the palace. “I have not resigned and I never will resign,” was the statement Aroseificna gave the United Press after the palace was captured. A truck load of United States soldiers arrived from the Canal Zone to protect the American legation. American Minister Roy T. Davis conferred with Arios, who was proclaimed head of the provisional government. Arias io not a member of any political faction. Rebels Work Rapidly The movement against the Arosemcna regime was carried out rapidly during the night by youthful insurgents, many of whom did not even know how to handle their rifles. Thousands of persons stood on balconies in their nightclothes, watching the frantic gathering of rebel forces in the district where the presidential palace was guarded by police, armed with machine guns. Alter several hours of stalemate, with phe guards holding revolutionary forces back several blocks from the Presidencia, the wild firing ceased. A group of rebels slipped into a house adjoining the palace and, from a balcony, climbed into a sec-ond-floor window on the rear side of the palace. President Not Threatened ITTey met Arosemena on the second floor and then descended the stainvay, suprising the guards. The president was not threatened or harmed. The American newspaper man severely wounded in a crowd in front of the presidential palace was Hartwell Ayres, correspondent for the Consolidated Press Association. He was shot in the neck, abdomen and 'hip and removed to the Gorgas hospital in a critical condition. He is a brother of Colonel Harry Ayres, publisher of the Anniston (Ala.) Star. The revolutionary movement apparently grew' out of wide political dissatisfaction manifested in recent months. Arias, a nonpartisan, has demanded reform of the electoral laws to permit better representation and overthrow' what the oppositionists termed "the dictatorship” of the liberal party.

U. S. Keeps Hands Off By United Press WASHINGTON, Jan. 2. The state department said today the United States would not intervene in Panama unless the need for such action to restore order clearly was established. Developments so far, in the view of officials,, do not warrant intervention. Information reaching officials here indicates the revolution is purely domestic in character and is not directed at American relations with Panama, which are unusually close due to the location of the Panama jCanal. ' Officials pointed out that Amerin jurisdiction of the Panama zone has been a stabilizing influence on Panama in the past. They were inclined to believe the present embroglio would be straightened out shortly. Under the Taft agreement, the United States has the right to use its military forces to restore order at Colon and Cristobal. CUT DIAMOND OUTPUT Miners Agree to Pare Production Half to Keep Up Prices. By United Press PARIS. Jan. 2.—Chief diamond producers of the world agreed today to cut their output in half to maintain the existing price level. The reduction becomes effective Saturday. The decision was reached at Amsterdam recently by the International Diamond Commission and was ratified today by the Amsterdam Diamond Association. Hourly Temperatures * . m 20 10 a. m 29 y J . a. m 20 11 a. m 35 8 a. m 22 12 (noon).. 39 9 a. m 23 1 p. m 42

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The Indianapolis Times Fair tonight followed by increasing cloudiness Saturday; rising temperature, with lowest tonight about 30.

VOLUME 42—NUMBER 203

Indiana Bell Wins Fight Over Rates Public service commissioners arc ! prepared today to pass an order, ! acceding to demands of the Indiana Bell Telephone Company that they be permitted to continue charging $3.50 for installing a telephone. This will mean modification of the original commission order which would make $2 a universal charge. It will be a complete victory for B. G. Halstead, Bell company attorney, who argued for retention of the present installation charge. The new order, written by Commissioner Calyin Mclntosh, who wrote the S2 order, will provide that $3.50 be allowed to companies with incomes of more than SIOO,OOO a year, which means, largely, the Indiana Bell, an American Telephone and Telegraph Company property. Mclntosh and Chairman John W. McCardle of the commission were informed the day of the hearing that in Cleveland the installation charge is but $1.75, and this is refunded on the first bill payment. In Indianapolis the Bell Company charges $3.50 and keeps the money. The order will meet the opposition from at least one commissioner, Commissioner Frank Singleton, who first announced the $2 plan, declared today he will still stand by his original idea. LYNCHING TRIAL IS NEARING END Completion of Case Is Expected Late Today. By United Press MARION, Ind.. Jan. 2.—Completion of the trial of Robert Beshire on a charge of complicity in the lynching of two Negroes here last summer, was expected late today. The defense opened its case at i this afternoon. The state closed at 11:20 today, after presenting seventeen witnesses. Few witnesses for the defense are expected. It is anticipated that Beshire will take the stand in his owm defense. Only two of the state witnesses identified Beshire as a member of the mob. They were policemen. Damaging testimony involving several others of the alleged participants in the lynching, came out in today’s testimony. GUNMAN STEALS $95 City Man, Threatened With Death, Watches. Threatened with death if he called for help, John Spalding, 2458 North Harding street, was forced to lie in bed early today and watch a burglar loot his trousers of $95. Spalding told police he was awakened by the man prowling in his room, and when he stirred the man pointed a revolver at him, “Be still or I’ll shoot,’’ the burglar commanded. Spalding said. The thief completed the robbery and then fled from the house. Cats, Dog Inherit $35,000 By United Press KALAMAZOO, Mich., Jan. 2, Under the terms of the will of Mrs. Rebecca B. Cooper of Schoolcraft, who died Tuesday, her pet dog and cats are to be handsomely cared for as long as they live. Her estate amounted to about $35,000.

COUNTY POOR AID FUND SHOWS $133,000 DEFICIT

Marion county’s poor relief fund, showing a deficit of approximately $133,000. will require special attention of the Indiana general assembly, convening next Thursday, county commissioners and Comity Auditor Harry Dunn announced today. Drained heavily by demands of the unemployed, the county’s 1930 poor relief budget has been overspent, and a special act of the legislature will be needed to replenish the coffers if relief work is to continue on the present scale, Dunn said. Within a week, commissioners and Dunn will c.all an emergency meeting of several senators, representatives, township trustees, members of the state tax board and civic tax interests, to discuss the situation, Dunn said. The 1930 poor relief budget, totaling about $250,000 has been exhausted and unpaid bills aggregating $132,076 are in Dunn's possession. No funds are available for

UNIVERSAL WORLD LANGUAGE BY YEAR 2500 IS VISIONED BY SCIENTISTS

By United Press CLEVELAND, Jan. 2.—Use of an universal language by a 35.000.000,000 closely associated people populating the globe twenty generations hence has been envisioned to scientists attending the annual meeting of the American Association for the Advancement of Science. These were some of the forecasts presented on the New Year's program by Professor William F. Ogburn, University of Chicago sociologist. and Professor E. M. East, Harvard biologist.

FACE FIGHT TO OUST JANITORS FROMSCHOOLS Center Township Trustee Threatens Force as Three Refuse to Quit. THEY KEEP THE KEYo Contracts Given by Former Officials Are Invalid, Attorney Says. Miss Hannah Noone, new Center township trustee, may have to use police or deputy sheriffs to open three township schools after Christmas holidays Monday, but this afternoon she insisted they would be opened, and by her new janitors. Brandishing contracts for the entire school year, the three incumbent janitors are remaining inside the school buildings stoutly refusing the keys to the custodians appointed by Miss Noone. The contracts, signed by Mrs. Amelia Harding, who relinquished her office to Miss Noone Thursday, are void, in the opinion of Walter §lark, attorney for Miss Noone. hey were drawn up after the November elections, he declares. Miss Noone. although it was said at the courthouse today she had indicated she would not change janitors, named William Stenker to succeed Elijah Baker at School 2, on South Pennsylvana street, north of Troy avenue. Howard Brown was selected to replace Frederick R. Brandt at School 3, on Bowser street, near Raymond street, and R. A. Clamp is to succeed W. F. Kemnitz at School 4, at Legrande avenue and Nolan street. Miss Noone and Clark this afternoon were to visit the schools with the new janitors and demand the keys from the incumbents. If they refused. Clark said, they will carry the fight into court and take steps to open the schools Monday. BAN KSTOB E~ CHO SEN City, County, School Officials to Confer on Depositories. The Marion county finance board, consisting of three county commissioners, the city and county treasurers, the county auditor, the Indianapolis schools, business director and the mayor, will meet Monday morning in the office of the board of commissioners. Purpose will be to choose the banks in which the $23,000,000 in deposits for the coming year will be made. Forty banks have applied. TWINS PUZZLE NURSES Hospital Uses Adhesive Tape to Distinguish Between Sisters, 2. By United Press BOSTON, Jan. 2.—Mary and Anna Athas. 2-year-old twin sisters, are pneumonia patients at city hospital. To tell them apart, nurses marked them with adhesive tape. BIG MOTOR BUS STOLEN Theft of Forty-Passenger Vehicle Is Reported in New Jersey. By United Press BOSTON, Jan. 2.—Police have been asked to watch for a “bigtime” automobile thief, who is reported to have stolen a forty-pas-senger motor bus in Jersey City, N. J.

paying these bills, and some provision must be made to issue bonds, Dunn stated. Such action would require legislative approval, he said. Judge Charles Remster, authority on bond isues, will be asked to attend next week’s meeting. With the existing deficit, next year's poor revenue, totalling about $200,707, will be practically wiped out unless Bonds are issued, it was pointed out. At the present rate of spending, next year's revenue, if applied to the deficit, would have a balance of $38,631, which would last no longer than until Jan. 15, Dunn indicated. Representatives of the Indiana Taxpayers Association and Chamber of Commerce civic affairs committee will take part in the conference. Dunn explained today that the county had assumed the burden of providing for the poor when the Community Fund coffers were exhausted almost six months ago.

Adoption of an universal language will be enabled through the popularization of the radio, newspaper. and the talking pictures, Professor Ogburn said. The scientists pictured the virtual extinction of the native Indian and black populations,, their present posterity to be supplanted by a hybrid population. Power of the Asiatic countries will be exerted solidly by Mongolians and the Malay race probably will present the same numerical and political strength as today.

INDIANAPOLIS, FRIDAY, JANUARY 2, 1931

Mystery of Busch Heir Kidnaping Is Solved

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—CoDVrißht. 1931. NEA Tcl-photo. Adolphus Busch Orthwcin, 13, kidnaped Friday, back home today, with his mothe;, Mrs. Percy J. Orthwein.

By United Press ST. LOUIS, Mo., Jan. 2.—Solution of the kidnaping of Adolphus Busch Orthwein, 13-year-old heir to the Busch brewing millions, came at a dramatic meeting, the St. Louis Star revealed today, in which the kidnaper's father bargained the freedom of his son against the freedom of the rich boy. The kidnaper was a 28-year-old unemployed Negro, the Star said, who carried out alone the New Year’s eve abduction of St. Louis’ richest boy. The Negro’s father, a real estate dealer, pledged William D. Orth-

MARINE SLAYINGS LEAD SENATOR TO URGE WITHDRAWAL

King to Demand Action Following Tragedy in Nicaragua. (Story of rrivate Litr on Page 15) By United Press . WASHINGTON, Jan. 2.—A resolution asking immediate withdrawal of United States marines from Nicaragua was prepared today by Senator King (Dem., Utah), to be offered in the senate Monday. King said the killing of eight marines, including private Richard Lite of Indianapolis, and wounding of two others by bandits, was “a tragedy that must arouse the sympathies of the American people, and it is not fair that we should put ourselves in a position that such a catastrophe should happen. N He said he would offer such a resolution when the senate reconvene.! Monday. The fatal ambush of eight marines w 7 as a sequel to a general flareup cf bandit activity, it w r as revealed at marine headquarters today. Bandit casualties were reportedly eleven killed and four w'ounded. The bandits w'ere said to have been commanded by Miguel Ortiz, a chief of the rebel Augustino Sand: no. They attacked the marines w'hile the patrol was repairing telephone lines two miles south of Achaupa. in the department of Nueva Segovia. The bandits, hidden in bushes, opened a heavy fire in front of the patrol, followed by barriages from the right flank and the rear. Rifles and automatic rifles took the life of one marine in the first volley. His comrades dismounted hastilj- from their mules and began a battle that lasted for two hours. Private Hutcherson w'as ordered

JOFFRE LINGERING NEAR DEATH; HEART WEAKER

ByX nited Press PARIS, Jan. 2.—Marshal Joseph Joffre lingered near death today. “There is no hope of saving Marshal Joffre,” one of his physicians said at 2:30 p. m. “It is impossible to say the length of time his heart will continue. His heart steadily is growing weaker.” Minister of War Louis Barthou visited the marshal at 11 a. m. and found him haggard and unable to swallow. Joffre was being fed by injections of scrums and sugar, Barthou said.

THERE will be no sectional lines drawn around city areas in the American picture of 2500, Professor Ogburn foretold. Developments in transportation communication will make every new> thing now immediately available alone to the city dweller to the farm resident as well. Farmers, resultantly. will tend to adopt many of the characteristics of the urbanites—in philosopy. politics and religion, the sociologist said. Factories w'ill not be restricted to city areas, but will occupy farm sites—to make use of raw mate-

w'ein, the safe return of the Busch heir, or “kill my own son in your presence.” Orthwein vowed that the Busch family w'ould not punish the kidnaper and the bargain w r as completed, the Star s^id. An hour later Thursday, young Adclphus was freed at an appointed spot, and restored to his family. No ransom was given for Adolphus’ return. Arrest of Pearl Abernathy, Negro real estate dealer, and his son, Charles, 28, for “questioning'’ was ordered by police after the Star accused the son of the kidnaping.

to return to Ocotal for aid. He was wounded from ambush and crawled into a corn field. Authorities received first new's of the attack Jrom natives'. Private Jackson was the last man in the party left alive. He was wounded in the shoulder and hid in a bush until a relief party strived. While natives were telling the story cf the attack at a marine camp, one of the mules of the ambushed party strayed into the camp, without a rider. LESLIE APPOINTS THREE State Eoard of Agriculture Choices Are Made Known. Three appointments to the state board of agriculture were made today by Governor Harry G. Leslie. Aust n H. Sheets, Marion county farmer, Democratic member of the bea:d, was reappointed. Richard Dean Canan, Lafayette, formerly with the Purdue university agriculture school, w'as named as a Republican member to succeed J. E. Green, Muncie. Orin Felton Fairmount, a. Republican, will succeed John R. Nash of Tipton.

FLOOD PREVENTION FUNDS LOW; WORK MAY BE CUT

Possible curtailment of the White river flood prevention program, due to lack of money, today confronted city officials. With w'ord from the controller’s office that slightly more than $16,000 remains in the prevention fund, works board members immediately

The marshal has been unconscious since 11 a. m. Thursday. By United Press NEW YORK. Jan. 2.—The false report of Marshal Joseph Joffre s death in Paris Thursday was broadcast by radio and printed in newspapers throughout the United States. The report of the marshal’s death was not carried by the United Press at any time, and the statement of its Paris bureau that Joffre was fighting for life was substantiated officially when excitement was at a peak regarding the reported death.

rials at the immediate source—this to be made possible by manifold hydro-electric projects jotting the countryside. Despite the changes, however, people will continue to depend upon rain, sun and soil to furnish food and clothing as the mainstays of life, Ogburn said in discounting the speculatory prediction that the future dinner table will be occupied by chemical preparations. All races will be co-mingled, prossess an advanced knowledge of birth control methods and all of America will be urbanized by 2500.

Kniered as Sceouu-Class Matter at Postoffiee. Indiauapolis, Jod.

INSULL STREET RAILWAY PLAN IS REJECTED BY CITY HALL COMMITTEE

Twelve Reasons Are Given for Refusal to Accept Proposition. NO-LIMIT FARE SCORED Monopoly Angle Also Is Target for Attack by Probers. The Insull proposal for purchase of the defunct Indianapolis Street Railway Company was turned down today by the city hall street car committee. Decision of the municipal group, which has reviewed the proposed franchise since it was presented Oct. 2, was contained in a nine-page statement delivered to Leo M. Rappaport and H. H. Hornbrook, attorneys for proponents of the plan, and Charles W. Chase, Insull expert. “After careful study and consideration of the proposed franchise, we have reached the unanimous decision that it can not be accepted by the city for many reasons,” the statement read. After receipts of the city's ruling Hornbrook stated neither he nor other representatives of proponents would make any statement until they conferred and studied the decision in detail. A summary of the twelve reasons for the decision against the proposed plan is followed by the assertion that the rejection of the proposal “does not mean a proper solution for the existing situation may not be found.” No Stand on City Operation. Municipal ownership of the company is regarded as a matter worth consideration, but since the Insull matter was before the committee, the group took no definite stand on the proposal of city operation. “It is wholly possible that such solution may be evolved by a proper reorganization* of the present company through whatever method may be found best for all concerned," the conclusion read, “so that its operation may be continued under the present statutory control of the public service commission until, at least, such time as a better solution may be found. “Whether municipal ownership, unde, proper safeguards, free from political control, offers such solution is a questic- that has been presented very ably by disinterested citizens, and their suggestions are worthy of careful consideration by the city and the community. “Deeming our proper province at this time, however, to be limited to a consideration of and action regarding the proposed franchise, this statement is designed primarily to express our unanimous decision upon the matter.” Way Left Open The action of the committee now leaves open steps by the Insull interests either to amend their proposition, or to withdraw from the field. If the latter is the course

mapped steps to solve the financial tangle, which may result in the future w r ork being sliced considerably. On request of the board A. H. Moore, city engineer, presented a financial statement showing that with the work on the river between Morris and Raymond streets, now underway on contracts, and the proposed purchase of land in preparation for the development along ; the river in the vicinity of Mich- | igan street. $203,773.17 is needed. In Moore’s statement he recom- ! mended issuance of bonds to cover the difference in the present aggrej gate of the lund so the work can I continue throughout 1931. Works board members directed no plans be made for ooerat on, other than the two projects now underway, until a survey of the situaton is made. Although the city pays only 55 per cent of the cost of the prevention work, the municipality has spent hundreds of thousands of dollars and the future calls for more expenditures. “Before anything more is done this board wants to know what is to become of the money,” McKinney stated.

ADVENT of the factory and increased methods of efflThe envisioned aera will have reduce the number of farmers and make of them industrialists. The less valuable land will revert to forests, and will be tenanted by wild game. The envisioned area will have no natural oil and most of the coal deposits will be exhausted. If the race is to survive on a high plane, a scientifically eugenic social system will be necessary. Professor East asserted. Through an advanced and general knowledge of birth control, nations may

History of Car Line Case PROPOSAL for purchase and rehabilitation of the defunctIndiahapolis Street Railway Company, now in receivership, was presented Oct. 2 by the Samuel Insull utility interests, seeking operation of the company under an indeterminate franchise. Committee of city hall leaders appointed by Mayor Reginald H. Sullivan to consider the posal. Five public hearings were held by the committee. At these, proponents, opponents and civic leaders expressed views on the proposal.' At the last meeting the committee heard statements in support of municipal ownership. The committee, following the last hearing, met several times and drew up the decision handed to proponents today. The statement sets out twelve reasons why the proposal is not acceptable to the city.

taken by the utility powers, then municipal ownership will be the proposition laid before the city. Summary of the committee's reasons for nonacceptance of the proposal follow: 1. The proposed franchise, in reality, is a perpetual franchise, because it is too unlikely that the optional conditions for its cancellation ever will be exercised. The option for a possible purchase of the property by the city rests upon terms that are regarded by us as far too burdensome for the probable exercise of that privilege by the city. A rescission of the franchise by mutual agreement of the city and the company, in view of its many favorable provisions for the company alone, is too remote a possibility to be considered. 2. We oppose the granting of a monopoly in the manner here proposed for all kinds of transportation facilities for this city. 3. The proposed service-at-cost provisions are not acceptable in the manner presented. No Control Over Securities 4. The city has no effective control over issuance of securities by the company, or the mortgaging of its property, or over contracts, service, extensions or over salaries and other overhead expenses of the company. There is no limit to the amount, class or kind of securities w'hich may be issued by the company, except that these must be authorized by the public service commission, if the law so requires, and the discount and expenses of selling securities would be amortized and paid as part of the expenses of the operation and thus be reflected in the rates of fare. The dual control between the city and the commission is of doubtful advantage to the city. 5. No fixed and unalterable rate of return, regardless of the prevailing business conditions, is advisable. 6. The provision that bus fares must remain fixed, and particularly so high, during the w’hole term of the franchise, can not be accepted, as such fares should be subject to revision when many changes in inventions, mechanical and fuel improvements, industrial conditions and operating costs make this feasible. 7. The provision permitting the company to operate taxicabs and, in practical effect, to acquire eventually a monopoly in that kind of service, is w’holly unacceptable and can not be included in this or any other franchise. Oppose Paving Cost Exemption $ 8. The various arbitration privileges in the franchise, affecting practically every important feature, with provisions for appeal to the courts therefrom, with the resultant long delays and expense, would render the city’s supposed control wholly ineffective. also, the exclusion from arbitration of the various important matters described under six heads in Art. XII, Sec. 1, is for the most part not acceptable: but if any arbitration is provided for, * it should apply to practically all provisions of the franchise, and the decisions of the board of arbitration should be final as to both parties and not subject to any appeals. 9. The franchise should provide that power should be purchased from the lowest and best bidder upon bids and contracts therefor, subject to control and approval

impose penalties for the breeding of “undesirables,’' and present rewards for the propagation of “suitable offspring,” the biologist said. By 2500 many of the diseases identified with today as tuberculosis. diphtheria and “the flu,” may be obliterated, but they will be replaced by newer forms of ailments. Through better treatment of infants, the life term may be advanced to 65 years, but death will continue to act upon the collapse of vital organs, the geneticist believed.

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Way Left Open for Utility Magnate to Withdraw or Amend Ideas. PROTECTION IS LACKING Conferees Say Safeguards Are Not Sufficient for Municipality. of the local board, with possible provision for protection of the utility that the local board's action might be subject to arbitration. 10. The provisions relieving the company irom paying any part of the cost of paving and maintaining the part of the streets occupied by its tracks, and in maintenance and upkeep of bridges and grade separations, it is not acceptable, 11. Liabilities in connection with existing leases, contracts or operating agrements between the present company and its predecessors and various inter urban companies, including the Traction Terminal property, referred to in Art. 11, Sec. 1, 4 never have been listed, and all power of the city over the same expressly is excluded, so this presents an unknown factor entering into the overhead expenses of the com-' pany, to be reflected in fares and rate of return. City Is Unprotected 12. “Since the city acts only as the agent of the state in granting any franchise, and the city acquires no vested rights under this instrument that can not be surrendered hereafter by the state in mutual agreement with the utility, this franchise may be surrendered by the company, if it so desires, whenever the legislature hereafter so may provide by a statute containing possible provisions which the company may consider more advantageous to it than the franchise. This point is made only to emphasize the further fact that the city really acquires nothing under this franchise, or, for that matter, under any modifications consented thereto by the proponents, which can be preserved for the city's protection; whereas the utility may have the alternative of enforcing the franchise forever, or giving it up, as its own interests may determine, regardless of the city’s desires. The city's sole recourse would be purchase of the property, under the franchise terms or the statute, at a figure possibly too oppressive to consider.” In attacking the monopolistic sida of the question, the committee stated that the franchise would wipe out provisions for competitive service, and would give the company the power to control, forever, all or any transportation facilities upon, over, above and below all streets. Give Boses a Chance The franchise was scored for the provision that permit no limit ini the amount that may be charged for fares, and “thus the provision* for service-at-cost fares are so in-, cerwoven with other objectionable provisions, which the city can not concede, that the whole- plan, as presented, is unacceptable.” The committee stated that i£ buses can not be operated at a profit, as claimed by proponents, “the company should leave that type of sendee to others who are more sanguine and willing to risk their capital in that field and who have no conflicting interest to divert them from making such service so attractive to the public as to insure its becoming a pecuniary success.” Members of the city hall com* mittee are Mayor Reginald H. Sullivan. E. Kirk McKinney chairman; Charles O. Britton and Louis O. Brandt, works board members; William L. Elder, city controller; James E. Deery, city attorney; Edward H. Knight, corporation counsel A. il. Moore, city engineer, and H. Gene Haynes, secretary. SMALL BANK CLOSED BY DIRECTORS’ VOTE Ft. Wayne Avenue Institution to Liquidate Without Lose. Directors of the Ft. Wayne Avenue State Bank, 844 Ft. Wayne avenue, today voted to close the institution, but it will liquidate without lose to depositors, according to Luther F. Symons of the state banking department. Another bank was closed in northern Indiana, also by vote of its own directors. A. C. Nobes is president and Clyde R. Raub is cashier of the local institution. The Ft. Wayne Avenue bank was capitalized at $25,000, had SIBO,OOO loans. $230,000 deposits, and $5,000 surplus. The other bank to close was the Garrett Savings, Loan and Trust Company of Garrett of which M. Harold Green was president, and H. N. Brown, cashier. It was cap- | italized at $40,000. with loans of $120,000, $220,000 deposits and $lO,000 surplus.

Outside tearlon County 3 Ceuta