Indianapolis Times, Volume 43, Number 37, Indianapolis, Marion County, 23 June 1931 — Page 3
JUNE 23,1931_
TRACTION LINE ' PROPERTIES ARE SOLD TO INSULL T. H., I. & E. Brings Price of $2,500,000 at Auction Sale. Properties of the Terre Haute, Indianapolis & Eastern Traction Company today were sold to the Insull-owned Midland United Company for $2,500,000. Climaxing years of diminishing profits, then increasing losses, the auction sale was on direction of Superior Judge Russell Ryan and carried out by Elmer W. Stout, company receiver. The sale, made specifically to B. P. Shearon, secretary of the Midland company, is to be approved Monday by Ryan. Midland Only Bidder That the property would go to Insull due to the utility organization's heavy interest in the defunct firm, was a foregone conclusion. The sale price is the minimum set by Ryan. Shearon was the only bidder. It was learned immediately after the property went to the Insull combine that several million dollars probably will be spent by Insull on rolling stock and equipment in improving the properties within the next few years. Several hundred thousand dollars worth of preferred claims already have been set aside by Ryan and liquidation of these probably will be the first steps under the new ownership. This probably will delay any improvement projects for come time, it was indicated. Leased Lines Abandoned Stout, president of the Fletcher American National bank, was named receiver for the utility April 21, 1930. Since that time service on leased lines which have been operated by the traction company has been abandoned. During the last year the Midland United Company purchased majority of the company’s bonds on approval of the bond holders’ protective committee. Ownership of these bonds gave the Midland firm control of the common stock of the Terre Haute Traction and Light Company, which is pledged as collateral security for the bonds The traction and light company property is the most valuable of the holdings. The Indianapolis to Terre Haute traction line will be continued in operation without impairment, officials of the company announced.
KNIGHTS TEMPLAR IN 4-MILE LONG PARADE 10,000 Plumed Marchers Take Part in Huge Ceremonial. By United Press MINNEAPOLIS. June 23.—Beneath red canopies, such as bedecked London's thoroughfares when the Crusaders departed, 10,000 paraded before their leaders today plumed, modern Knights Templar as part of the thirty-eighth triennial conclave of the order. Fifty bands and 1,700 commandcries from forty-seven states took part in the four-mile procession to the parade grounds. The capture of the ancient city of Antioch by the Moslem hordes and formation of the order of Knights Templar were depicted at the grounds. Leading the parade was the most eminent grand master, William L. Sharp, and his personal escort, including the seventy-two-piece Englewood commandery band of Chicago. t TRAM HEARING DELAYED Employes’ Petition for Pay Hike to Be Considered July 27. Hearing on the petition of Indianapolis Street Railway Company employes for improved working conditions and a 20-cent an hour wage increase will be heard by the public service commission July 27, Frank Singleton, commissioner, said today. Hearing on the proposal first was set for Monday, but by agreement of attorneys the delay was granted. ASK COUNTY TO PAY UP City Demands Promised Aid for New Radio Station. Demand for $2,500 as part of the county's payment for construction of the new police radio station at Willard park will be made by the city. This amount is 50 per cent of the county’s appropriation for the work. Request will be filed with the county by the safety board.
EXCURSION Saturday, June 27 Cincinnati $2.75 Greensburg 1.25 Shelbyville 75 Leave Indianapolis 7:45 a. m.; returning leave Cincinnati 6:30 p. m. or 10:05 p. m., same date. Tickets good in coaches only. Children half fare. Tickets at City Ticket Office, 112 Monument Circle and Union Station. BIG FOUR ROUTE
Shop - is n. PENN.
|i f^SHotSTowii
Reveals Starrs Letters
I ** ■'. / ' 'I 1 ✓ : 1 ,
NEA Boston Bureau. Transmission bv Telephoto. Dr. G. Jameson Carr, ship's surgeon of the liner Franconia, an acquaintance of Miss Starr Faithfull, here'is pictured as he arrived in Boston from Europe en route to New York to deliver what was expected to be important evidence in the mystery of the Greenwich Village beauty’s death. He carried three letters from Starr, one of which was the last she is known to have dispatched before leaving her home for the last time on June 5.
NEAR-GALE WHIPS OVER NORTH SIDE
Four Houses Are Fired in Storm: Youth Is Cut Severely. A youth was cut severely and three houses were fired Monday afternoon when a wind and rain storm broke over Indianapolis, majority of the property damage occurring on the north side. Samuel Morris, 19, at 2109 South State avenue, was taken to the city hospital where nine stitches were taken in his wrist which was cut when the wind crashed the glass in a door of the Rink apartment, 38 West Vermont street. Fires occurrea a- the residences of William O. Dunlavy, former judge, 2859 Sutherland avenue; Albert A. McLeod, 2858 North Talbot street, and a double house at 2838-40 North New Jersey street, occupied by Hubert W. Gregory and Mrs. Anna Murphy. Damage at the McLeod residence was estimated at $1,250 and that at the Dunlavy home, SSO. The other structure sustained only slight damage. Trees, awnings and light wires were blown down in several sections of the north side. For several hours, crews of the Indianapolis Power and Light Company were busy servicing light and power lines, and police guarded fallen live wires in several sections. Street car service was interrupted when several north side streets had as much as four feet of water in them. The storm occurred at 3:30 p. m.
(4 A Tremendous Purchase /, :Mw' and Sale of 5,000 Radio Tubes f Actual $1.90 to $3.30 Values! & SALE PRICE- W Wf Your Choice Each Tube [' jJ 226 Style . ■ ® M Uncondi- Sf | 227 Style H JR ji f f 224 style IHhR| ■ tionally 171A Style W gi W Guaranteed 2SO Style W& SB Bjl 245 Style for 3 Months! Buy a Complete Set at This Low Price! Here’s the scoop of the year! One of the biggest manufacturers in the radio tube business was overstocked. We were able to get S,OCX) tubes fat drastic reductions, and we’re passing our savings oh to you! Now’s the time to improve your radio reception with a complete set of i|j9 ™ll perfectly matched tubes, at a fraction of the price you’d usually pay! [ 9 feilit j Remember—these tubes are all FIRST QUALITY and are not to be l y iff' I confused with imperfect or second grade tubes! BLOCK S— Fifth Floor. \ 1
Fright Death By United Press HAMMOND, Ind„ June 23. A snake which swam toward him while he was playing in a pond frightened Elwood Freeland, 15, to death, physicians declared today after an examination of his body. The boy was playing on a log in a deep pool when he saw the snake. He screamed, rolled into the water, and did not come up. His body was recovered two hours later. Physicians said there was no water in the youth’s lungs and that apparently the shock of seeing the snake swimming toward him paralyzed his heart, which was weak.
WIND DAMAGES WHEAT Grain Almost Ready for Harvest Leveled in Southwestern Area, By United Press TERRE HAUTE, June 23.—Thousands of acres of wheat in southwestern Indiana, which was almost ready to cut, was damaged heavily by the high wind late yesterday, farmers reported today. The grain was nearly matured, and was not expected to rise again to allow cutting without heavy loss. Tree limbs littered streets here after the storm, and numerous windows in homes were broken.
THE INDIANAPOLIS TIMES
LETTER PENNED BY SLAIN MAN BARESJRACKET Chief of Union Is Haled Before Cops; Victim ‘Knew Too Much.’ % By United Press CHICAGO. June 23—A letter written three years ago and filed away “to be opened in case anythings happens,” today loomed as one of the levers with which prosecutors intend to pry apart the affairs of the gigantic racket which ruled the motion picture operators’ union and which resulted in the murder of Jacob Kaufman. While police hunted the dapper gunman, dressed in white flannels, who murdered Kaufman, they had his letter, written years ago. as the most important evidence both in the grand jury investigation of union affairs and in the search for his slayer. In the letter, Kaufman accused Thomas Maloy, business agent of the union, of threatening to ‘‘take him for a ride” and told of a severe beating in Maloy’s office.
Immunity Is Demanded Maloy and two of his assistants in the union surrendered late Monday, but refused to testify before the grand jury unless granted immunity. The union chief told newspaper reporters, however, that he knew nothing of Kaufman’s death. “Thoe reports that I got SBO,OOO a year for running tlie union are all wrong” said Maloy. “Why, my salary is only SSOO a week/’ Prosecutors based their charge that the union was a racketeering enterprise, and in some way connected with Kaufman's death, on alleged evidence that: 1. Kaufman was to have been called before the jury today. He had given information that the union was a racket, giving several hundred thousand dollars a year profit to those in control. 2. Maloy received a “10 per cent cut from the salaries of apprentice operators, many of whom were incompetent. 3. His brother, Joe Maloy, head of the city electrical department in granting licenses, was part of a system under which a nonunion operator could not obtain license. 4. Union members gave Maloy a fund of $248 000 out of their salaries to oppose the grand jury investigation. Arrested on Suspicion Leo Del Margo, 30, is under arrest on suspicion. Police also held Crawford Johnson, a Negro motion picture operator, who accompanied Kaufman to a garage where he was shot. Police asserted that Johnson unwillingly “put Kaufman on the spot.” The Chicago Tribune today challenged the new “Scotland Yard” bureau of the police department to prove its merit by capturing Kaufman’s killer and investigate the union. “To all outward appearances,” the Tribune said, “the motive for Kaufman's murder will be found somewhere in the inner politics of the Motion Picture Operators’ Union. ... If the new bureau solves this crime, notice will have been served upon racketeers generally that their day of immunity is over.”
Promise Maybe By l nitrd Press BUENOS AIRES, June 23Radio announcers went on strike for five minutes Monday night. Broadcasting was cut off without warning from all Buenos Aires stations. y Announcers then continued the program by announcing that they had struck in protest against a local campaign for suppression, or limitation, of radio advertising. Listeners were warned that unless the public supported the announcers they might make the silence perpetual.
BANDITS KIDNAP MAN IN HIS CAR Gunmen Get $4 and Watch in Holdup. Two gunmen who kidnaped Richard Cosgrove, of Ft. Wayne, in his own car Monday night forced him to drive five miles north of Indianapolis, where they robbed him of $4 and a wrist watch, he told police early today. Cosgrove, who is residing temporarily at the Columbia Club, said he had taken a young woman to her home at Thirty-fourth and Meridian streets and the bandits leaped on the running board of his auto as he drove from me curb. Surprising a Negro burglar in her home Monday night, Mrs. H. B. Mull, 1032 Central avenue, prevented the thief from ransacking her residence, she told police. Mrs. Mull said the Negro was attempting to pry open a chest and fled through the basement. Theft of $75 that was concealed in a bed was reported to police today by Mrs. Ethel Waldren, 2154 College avenue. Stricken in Auto; Dies Stricken with heart disease, Mrs. ; Eva Brothers, 52, of 1726 West Washington street, died Monday | while riding in an auto with her ; physician, Dr. James M. Hilmer, | 1728 East Washington street. Dr. i Hilmer told police Mrs. Brothers . had been suffering from the heart 1 ailment for several months.
lj PERSONAL! J| DIRECTION I) j Our personal supervision is j i given to every funeral we are \ | called upon to conduct, thus in- | j suring perfect .service from first j | to last. 'Lkuidyi J HOWt Os TUCHJOHTniL SCWVICt j j Funeral Directors j | 1619 North 1222 { Illinois Street Union Street • i TAlbot 1876 DRexel 2551 *
Wisely Chosen by the Greatest Number CUT-PRICE Furniture has brought more buyers and more sales to our store during the last 3 months than we have ever had in the same length of time. Cut Price Furniture is no longer an experiment. Like Cut-Price Drugs, it is here to stay. Our hundreds of new customers have assured its destiny. We have cut our profit on each sale, but our sales have increased. Both our customers and selves benefit. w* V* 1 t m *°,L A V DISCOUNT FOR CASH No Interest, H ^ pen .° n ny on Any I L Appointment Credit Phone Accounts < hi. 7326
PAGE 3
