Indianapolis Times, Volume 42, Number 310, Indianapolis, Marion County, 7 May 1931 — Page 16

PAGE 16

STATE GARNERS SIOO,OOO FROM CLOSED BANKS Treasurer Collects Large Sum After Predecessor’s Long Inactivity. Nearly SIOO,OOO In state funds, tied up for months, and in some instances for years, in defunct Indiana has been collected by Wiliam Storen, state treasurer, since he assumed office Feb. 10. Figures filed in Storen's office today disclose that, upon taking office, $473,010.01 was due the state in the closed banks. Bulk of these funds was in banks closed in 1928-29-30, but some went as far back as the administration of former Governor Warren T. McCray in 1923. In the majority of cases, no effort had been made to collect either from the bank receiverships or the bonding companies, Storen said. Some Is Lost Attorney-General James M. Ogden told the treasurer that his office never had been called upon to try and force collections. In some instances little if any money ever will be collected, Storen pointed out. The defunct State Savings and Trust Company had $11,759.12 in state funds, protected by a $15,000 bond with the Penn Surety Company, which also is in the hands of a receiver. Washington Bank and Trust Company had $210,514.13 and a $150,000 bond. Banking history of the last few years has caused bond prices to triple. Where formerly surety could be procured for % per cent, it now is 1% per cent, the state treasurer explained. Small Banks Protected In addition, 2 per cent interest payments must be given the state, making cost of state money on deposit with any bank 3Vi per cent. Many banks with surplus cash do not want the money at these prices. Storen has inaugurated a policy of protecting small banks in the state by leaving funds on long time deposit with them and using the larger Indianapolis institutions for open accounts. Total of state funds on deposit today is $9,679,449.73^ Theater to Cost $150,000 By Times Special FRANKFORT, Ind., May 7. Erection here of a theater to cost $150,000 will be started here at once, completion being set for Sept. 1. A group of Chicago capitalists is backing the venture. DEPEND ON ZEMO TO STOP ITCHING Use soothing, healing, invisible Zemo for the torture of Itching Skin, This clean, reliable family antiseptic helps bring relief In thousands of hornet'!, stops itching and draws the heat and sting out of the skin. ZEMO has been used for twenty years with remarkable success for all fonr of annoying, itching skin irritations, “Relief with first application,” thousands say. 35c, 60c and SI.OO All dealers.—Advertisement

Rheumatism New Medicine Guaranteed to Break Rheumatism’s Grip. EASES PAIN FIRST DAY No matter how crippled and helpless you are with rheumatism; no matter how great your suffering; you can now ease that pain in a day. and brake rheumatism's terrible grip on your system in less than a week or nothing to pay. A $1 bottle of Ru-Ma is guaranteed to free your muscles and joints from all crippling stiffness and swelling, lameness and torturing pain or your money refunded. No long, discouraging wait while you wonder if that awful pain will ever stop; for it starts stopping right from the first day’s use of Ru-Ma. Magically your muscles and joints limber up, swelling vanishes, aches and twinges disappear, away go limping and hobbling, crutches and canes. So many once helpless rheumatic sufferers in this vicinity have been freed from rheumatic agony by Ru-Ma that Walgreen’s and other local druggists Invite you to try Ru-Ma under an ironclad guarantee of money back if It does not completely end your rheumatism. —Advertisement.

Friday and \fHKSgiml fflSv! Saturday Only! 1 j & . f mmßm | [Cleaned isl I*JF ■ V/ Odorless "" §■ C Method * • jl ** CUTRATE SHOE REPAIR [ f 30 359 1 North Illinois %>uth Illinois E

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That “a penny saved is a penny earned” will be doubly true for sixteen nephews and nieces of Mrs. Susan A. Lally, above, 71-year-old Minneapolis widow. Her will, drafted recently, provides that whatever part of her $250,000 estate is needed will go to match, dollar for dollar, the sum each nephew and niece has saved at the time of her death. Boy Loses Three Fingers it/ Times Special NOBLESVILLE, Ind., May 7. rhree fingers were lost by Donald lomelius, 15, when his hand was aught in a machine he was operatng in the manual training departnent of the local high school.

Don’t Let Bad Teeth Spoil a Good Disposition! Our Famous Method Means PAINLESS EXTRACTION! No Dope . . . No Harmful After Effects Had 13 teeth extracted by Hanning Bros. Maxoline—will say that I felt no pain at all during the entire operation. __22-K.t, (Signed) W. C. KAPPLELER, yjg 609 N. Drexel Ave, s£r _____ CROWNS ,Z + waffiiinaßAm 2nd Floor Kresge Bldg., Penn, and Wash. Sts.

URGES PAROIE FOR FOURTH OF STATE CONVICTS First Offenders Should Be Released, Is View of C. Oliver Holmes. Twenty-five per cent of the prisoners In Indiana penal institutions should be released on parole and : about half of those being sent away should be put on probation. This was the plan proposed by i State Senator C. Oliver Holmes (Rep., Lake) in talking over penal problems at the statehouse Wednesday. He conferred with Gaylord Morton, secretary to Governor Harry G. Leslie, who has direct charge of pardons and paroles for the chief executive. “Indiana is handling its penal problem in an unintelligent and j stupid manner," Senator Holmes j gissertßd. “We have substituted for study . a program of stiffer sentences anu ; more cell houses. Any penologist 1 knows that long, flat sentences are i vicious. “There are sufficient indetermi--1 nate laws on the state statute ! books, however, so that a little courage and intelligence on the part of the Indiana judiciary could go a long way toward solving our criminal problem. “Unless the crime is very grave, no first offender should be sent to

THE INDIANAPOLIS TIMES

prison at all. He should be placed on probation. Then, about onefourth of those now serving should be released on parole to responsible persons. “That is the thing that is being done successfully in states where sound thinking has been done about crime and social problems. Indiana is far behind Massachusetts, New York, Wisconsin and other states in these matters. “Our system is costly and doesn’t work. Another vicious factor Is putting the pardon and parole power in the

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MOTHERS' DAY ft, *‘2x l*lbs> Mrs. St evens’ Chocolates Bon - Bons Here indeed is a sweet remem||Ps!f brance for Mother. Three pounds of the famous Mrs. V Stevens’ Candy in a special X; w h'tman s Sampler Mother's Day gift box ; 1 Lb. in Mother d-i pa Day box 1 .DU Milk or bittersweet chocolates, . Gilbert’s choco- and ■a a fruit and nut-filled nougats, lates. Lb. tpi.UU caramels and bon-bons. Every piece a delight to the palate. Nancy Hart Home-Made Chocolates Home-Made Chocolates and Bon-Bons Lb. Box 60C 2 Lbs. sl§Q Not only will the quality of these choco- An assortment of supreme quaUty—the lates appeal to Mother, but the attractive choicest and most delicious of chocolates, manner in which they are boxed. Ava- caramels and bon.bons. The box is: pink riety of fillings and flavors. Some fruit and unusually smart in its fabric finish, with and nut filled. ribbon and flower trimming. 3 Lbs. Candy in Heart Shape Box This wonderful assortment in its beautiful heartshaped box, makes a gift that will appeal both to tP Mother’s sentiment and love of sweets. rag Included are milk chocolates, bon-bons, nougats and ap ' caramels. All freshly made from the finest ingredients.

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hands of prison trustees, the senator declared. The parole board Is the far better plan, he believes. “But under our present setup the solution lies with the courts.” he declared. “The judge who delights in

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being termed ‘hard-boiled’ is a menace to society.” Holmes also called on the state industrial board in regard to opening a free employment bureau in Gary.

,jaa COLGATE'S RIBBON ' LjSF QBSF ’jFirlr*' x&Re Mow dentists hnv<* recoin- ■ L.-. 7 £Sff fejg SoSwfo Jf ffvt-'l /mWSk mended Colgate's than an; .. j ; V ry ' a JSf r £ MdSktauST wH§ other tooth paste ever \ \ m. Jntiv fljgft. SSg *!vSt Jr Mffl jSSg 0 made. They know what I / Wwßßr WMh2&BF thßi ,rfr iUf JKi) Cols-ate's will do for the Wr ***•• Dependable Drug Stores * oc

Perfume for Mother’s Gift C°ty’ s —, 25-Gram f \ dgßß Bottle A $2.75 A gift of delightful fragrance, individually boxed. Odors of L’Aimant, Paris, Emeraude, L’Origan, Chypre and Styx. Coty’s 10-gram bottle $1.39 Houbigant’s Quelques Fleurs, 14 oz SI.BB Mimzy, 7*4 grams $2.50 Caron’s Narcisse Noir, 14 oz. . .$3.00 Guerlain’s L’Heure Bleue, 1 0z..55.00

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ISc CIGARETTES Hook’s Every-Day Low Price % 2S c ii& Carton 10 Packages, Chesterfields, Lucky Strikes, Old Golds, Camels, Wings All 5c Cigars William Penn San Felice _ Cremo Geo. W. Childs Q for Havana Ribbon Tennyson Rocky Fords Little Fendrich fV raf Crane’s Imported El Verso Jr. ► W•% if John Ruskin Chancellor Chaps Charles Denby Cinco Henry George Websterettes Box of 50, King Edward Garcia Babies J $1.98 15c Prince Albert, Velvet, Sir Walter Raleigh, Edgeworth, Half and Half and Dill’s Best, 2 pkgs 25£

Remedies! SI.OO Marmola *TQc* Reducing Tablets * a/C 50c Phillips’ Milk Magnesia 31c 60c Caldwell’s Syrup of Pepsin 37c 35c Bayer’s Aspirin, 24s 23c 30c Hill’s Cascara Quinine 18c 60c Bisodol, stomach remedy 43c SI.OO Listerine Antiseptic 69c 50c Mission *y A _ Rubbing Alcohol 35c Peroxide of Hydrogen 29c 40c Spirits of Ammonia, 2 ozs 25c 35c Spirits of Camphor, 2 ozs 25c 50c Unguentine Ointment 42c Mercurochrome Solution 24c 35c Witch Hazel, 8 ozs ; 20c Castor Oil, 6 ozs 25c

-MAY 7, 1931