Indianapolis Times, Volume 43, Number 206, Indianapolis, Marion County, 6 January 1932 — Page 3

FAN. rt, 1932_

DEFENDS VALUE 1 TAX BOARD PUT . ON POWER FIRM * Criticism Due Entirely to Misunderstanding, Says Philip Zoercher. Misunderstanding regarding the i method arriving at utility valuations is the cause of criticism of the state tax board's assessment of the rlndianapolis Power and Light by county authorities, it was contended today by Philip Zoercher, veteran state tax commissioner, Robert Sloan, Marion county assessor. has threatened court action to make the state board accept the , $5,000,000 valuation for the new Harding street plant, instead of the $1,150,000 set by the state board. The $5,000,000 valuation was determined by local authorities. City to Be Loser Should the court set a $5,000,000 valuation on the Harding street plant, it merely would mean deducting that amount, instead of $1,150,000, from the general value for the company as set by this board, Zoercher said. • Total value now is $35,173,210, of which $2,769,110 is for local assessments of non-operating properties, which includes the $1,150,000 Hard•ihg street plant assessment. “If the $5,000,000 local assessment is upheld, Indianapolis will be the loser,’’ Zoercher declared. “For the company would have to pay on that amount In Decatur township, and it * would bo deducted from the total figure upon which city tax payment is made.” Over Jurisdiction , Zoercher declared that the misunderstanding arises from the matter of jurisdiction. He pointed out That under the law', the state tax commissioners set a value for utility property as an operating unit., and that this value is based on their statement of earnings. From this is deducted the assessments made for personal property and real estate by the local authorities. The Harding street plant was not completed when the assessment w'as made as of March 1, it w'as explained previously by Chairman ,James E Showalter of the state tax board. He declared the $1,150,000 finding was based on affidavits provided by .the company. “ Zoercher asserted that these findings were made before the county board of review met, and they slioud have demanded a second

40 Kiddies’ _ COATS J 8 Reduced to

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Talking Pretty

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Beauty contests are gateways to the films in Sweden, too. Here's blond Inga Norberg—“Miss Sweden of 1931“—taking a voice test in the studios of a Swedish motion picture company. ' She w'as runner-up in an international beauty competition at Galveston. Tex.

hearing if they considered them incorrect. But now it is too late, unless the court action is taken he declared. If court action is successful, it will mean dropping the value of the company for the city tax down to $30,000,000, Zoercher contended. Rates of the company are based on the $40,000,000 valuation allowed by the public service commission at the time of the merger in 1927. They are being protested now.

INJURED IN COLLISION Ray G. Tyler, Nora, Suffers Skull Fracture in Auto Crash. Ray G. Tyler, 40, of Nora, was injured critically today when his car collided, with another driven by Nola Ploughe, 23, of 5025 Carvel avenue, at Forty-second street and Carrollton avenue. Tyler suffered a fractured skull, city hospital physicians said. Seeks Seat in Congress Ey Preen HAMMOND, Ind., Jan. 6.—Frank R. Martin, Democratic chairman of Lake county, has announced his candidacy for representative in congress from the First Indiana district.

[iMILLIRWOHLcj

TWO HELD AS POLICE RENEW LOTTERY WAR Alleged Heads of Packers’, Butchers’ Gamble Are Nabbed by Cops. Two men. one of whom witnessed the slaying of an Indianapolis gambler two years ago, are under arrest today for alleged operation of the Butchers’ and Packers’ lottery. Fred Baldrige, 53, of 2360 North Illinois street, and Don Cutshaw, 43, of 602 North Sherman drive, were nabbed by officers at their homes Tuesday afternoon. Both are charged in municipal court with operating a lottery and gift enterprise and will be tried Thursday afternoon by Judge Clifton R. Cameron. Police charged Baldrige also operated the Iroquois temperature lottery. a 25-cent weekly prizes of which were paid on temperature readings printed daily. Zeller Slaying Recalled Several agents of the alleged butchers’ lottery are sought today. According to officers, the butchers’ lottery pays a monthly capital prize of $1,300, with weekly awards ranging from S2O to $250. Evidence given authorities said drawings of the lottery were held in the Castle Hall building, 230 East Ohio street; in a kindergarten in the vicinity of Tibbs avenue and Michigan street, and a house in Maywood. Cutshaw was with Charles Zeller, former operator of the lottery, when the latter was shot and fatally wounded two years ago as William Hill, former policeman, attempted to rob him near his home on Southern avenue. “Winner,” Star Witness Hill now is serving a life sentence in the Indiana state prison. Herman Wiltsie. 2748 Napoleon street, who told police he bought a ticket in the butchers’ lottery a year ago, will be the chief state's witness. He charged Baldrige with attempting to buy his ticket when it “hit” for the $1,300 prize. Wiltsie declared he finally accepted $650 as a compromise award. Although Baldrige told officers his agency in the alleged lottery was his only means of supporting his wife and seven children, police said it was revealed that he had acted as agent for tne organization while employed regularly by an ice company several years ago. Taps for Aged Veteran By Times Special LOGANSPORT, Ind., Jan. 6. Funeral services were held here for Ezra Patton, 86, Civil war veteran.

THE INDIANAPOLIS TIMES

One Pair Wins By United Press CHICAGO, Jan. 6.—Peter Dowid has become lucky at love and also at cards and that is why. Judge Joseph Sabath learned, the trick divorce settlement of Dowid and his wife is a fine thing. A month ago the judge persuaded Dowid’s wife to postpone her divorce action if her husband would agree to play poker only once a week and leave the game at 11:45 that night. Attorneys for the Dowids appeared in court and told Sabath Mrs. Dowid was dropping her suit. “The Dowid's are getting along fine,” the attorneys said. “But Dowid is so lucky now at poker that he’s been leaving the game a winner. He may have to drop the game entirely on account of his opponents’ complaints.”

COP TO BE TRIED FOR MISCONDUCT JAN. 12 Safety Board Fixes Hearing Date for Harry Bridwell. Trial of patrolman Harry Bridwell, who is alleged to have tried to strike Sergeant Charles Weddle on Christmas day, today was set for next Tuesday by the safety board. Bridwell was suspended from duty by Captain John Mullin, after it was charged he was intoxicated while on duty at headquarters as a member of the emergency squad. Charges of conduct unbecoming an officer were based on the assertion that he used abusive language to the sergeant and attempted to hit Weddle. Bridwell was one of the officers acquitted in the police liquor conspiracy trials in federal court. COLDS RUB Musterole well into your chest and throat—almost instantly you feel easier. Repeat the Musterole-rub once an hour for five hours ... what a glorious relief! Those good old-fashioned cold remedies—oil of mustard, menthol, camphor —are mixed with other valuable ingredients in Musterole to make it what doctors call counter-irritant” because it gets action and is not just a salve. ft penetrates and stimulates blood circulation and helps to draw out infection and pain. Used by millions for 20 years. Recommended by many doctors and nurses. All druggists. To Mothers—‘Musterole is also made in milder form for babies and small children. Ask for Children's Musterole.

47 WHITER. COATS 1

BENNETT PLANS MORTGAGE FEE BILL'SJIEYIVAL Measure Would Produce Million Yearly, Says Legislator. Legislation, through which, he says, the state’s revenue could be increased approximately $1,000,000 a year, is contemplated by H. Curtis Bennett of Dillsboro, Democratic state representative and member of the state budget committee. He was author of the the chain store tax bill. Bennett declared he would introduce a bill levying a filing fee for the recording of real estate mortgages, if he is a member of the 1933 house. A bill to this effect was introduced in 1931 by Bennett, and Representatives Miles J. Furnas (Rep., Winchester) and Fabius Gwin (Dem., Shoals). It was reported favorably, but owing to the last minute rush failed to reach third reading. Bennett suggests a filing fee of 30 cents for each SIOO or major fractional part of the face amount of any mortgages filed, if the indebtedness falls due before five

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years from data of the mortgage. A fee of 50 cents would be fixed if the indebtedness falls due after five years. If the amount of the mortgage is less than SSO the tax would be 25 cents under the five-year period and 40 cents over it. No mortgage would be binding or valid unless the tax Is paid on the

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mortgage within sixty days from the date of its making. “Figures I obtained at the statehouse show that farm mortgages filed in 1930 totaled $48,704,805; and

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PAGE 3

mortgages cm city and town property totaled *162,417,457.” Bennett said. “A 30-cent filing fee alone would have yielded revenue amounting to $633,366.60”