Indianapolis Times, Volume 44, Number 242, Indianapolis, Marion County, 17 February 1933 — Page 4

PAGE 4

HOUSE IS ASKED TO END POLICE RULE BY KIAYR B'll Strips Secretary of State of Control Over Indiana Force. The adrnlm.j rat ion state police bill, stripping Frank Mayr Jr., secretary of state, of virtually all his power, was introduced in the house of representatives Thursday night. A favorable report for passage accompanied the introduction. Representative Albert F. Walsman (Dem., Indianapolis), chairman of the ways and means committee, offered a bill with a unanimous committee report. Representative J. Clinn Ellyson (Dem., Hammond), a member of the committee, objected that the procedure was irregular. “You signed the report," Walsman reminded him. “Yes.” said Ellyson, “but I didn't know what I was signing.”

Given More Power It finally was agreed that the bit should be printed without reference to committee, as is customary. The bill permits the Governor tc assign to the state police constabulary powers which they do not, have now. It is a subsidiary bill to the state reorganization draft and facilitates transfer of state police to the new department of safety, headed by A1 Feeney. Retention of the teacher tenure law, which the senate voted to repeal insofar as it concerned township schools, was to be recommended today to the house by the education committee, which virtually has rewritten the senate bill. Amendments to be submitted by the committee will retain all tenure provisions except those concerning city and county superintendents of schools and fixes the retirement age for teachers at 64. “Mushroom” Parties liar red The tenure law now provides that any teacher, principal, or superintendent who lias served five years can not be discharged except for misconduct or incapacity. The tenure law now makes teachers eligible for pension after forty years’ service. Election legislation passed Thursday night by the house include elimination of “mushroom” political parties. Slates of such parties may not be placed on the ballot unless by petition of one-half of one per cent of the voters at the last preceding election. The other bill requires separation of state and national tickets and printing of presidential and vicepresidential candidates names instead of electors’ names. PROGRESS IS CLAIMED Thousands of Dollars of AntiSmoke Equipment installed Here. Equipment costing thousands of dollars has been installed by various Indianapolis business houses and institutions during the last year, in an effort to make Indianapolis a cleaner city, according to Roy Johnson, secretary of the Indianapolis Smoke Abatement League. Reports of the various organizations co-operating with the league were given today at a luncheon at the Columbia Club, which opened the observance of Smoke Abatement day. The luncheon was followed by a technical meeting at the Big Four building, under the direction of George R. Popp Jr., city combustic engineer. MOORE HITS UTILITIES Mayorality Campaign Is ‘Fight of the People,’ Says Candidate. Declaring that the approaching mayoralty campaign will be a “fight of the people against, a utility-con-trolled minority." Boynton J. Moore, Republican candidate for the mayor nomination, addressed fifty ward and precinct workers Thursday night at 19 East Ninth street. Albert N. Neuerburg. east side civic leader, and Morris Shalansky, local business man, indorsed Moore’s candidacy. Fred Campbell presided.

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Tax Justice Pledge Given to State Farmers by Governor

Seven thousand Indiana farmers and property owners congregated on the statehouse steps late Thursday. after they had presented their demands for property tax relief to Governor Paul V. McNutt. Although *he cam ra does not reveal the faces, the presence of hundreds and hundreds of hats pictures part of the immense crowd besieging the statehouse.

EX-GRID STAR HELD AFTER BOW AT DANCE Salesman Charges Jack Manders Struck Him. Bit I nit, and Prr/tf FARIBAULT, Minn., Feb, 17. Jack Manders, former university of Minnesota football star, Thursday was charged with assault in a warrant sworn out in municipal court by Harold Riley, Minneapolis salesman.

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Riley charged that Manders assaulted him after a junior chamber of commerce dance. Riley charged that during a fight, Manders struck him on the head causing bruises and a black eye. County Attorney Thomas H.

Manders

Quinn gave the warrant to Sheriff E. W. Haverland for service. Manders starred at full back for three years on the Minnesota football team, finishing his career last season. He was an all-conference choice during two of his campaigns. MRS. ANNA BUCK DEAD Former Policewoman Is Taken at Home; Widow Since 1913. Mrs. Anna Buck, 66, former policewoman, died Thursday in her home. 836 West Thirty-first street. She was the widow of Cassius C. Buck, contractor and builder, who died in 1913. She had been a resident of Indianapolis nearly all her life, coming here from Clay City, 111. Mrs. Buck was a member of the International Travel and Study Club and a charter member of St. Paul M. E. church. Funeral arrangements have not been completed. MRS. ANNA BAUER DIES Funeral Services for Long-Time Resident of City Are Fixed. After a long illness, Mrs. Anna E. Bauer, resident of Indianapolis forty-five years, died Thursday in her home, 438 North Seville avenue. Funeral services will be held In the home at 2 Saturday. Burial will be in rown Hill cemetery. Mrs. Bauer was a member of the Bevilie avenue Evangelical church. Quern Esther chapter. O. E. S.. and auxiliary of the Brotherhood of Railroad Engineers.

WATC H REP AIR IN G Cl Shape , Any . SiZ * or .isd 133 S. ILLINOIS ST.

7,000 Return Home After Mass Meeting, Plea to McNutt. With assurance given by Governor Paul V. McNutt that the teal estate tax burden may be lifted by the legislature, 7,000 Indiana farmers and other property owners had returned to their homes today, following Thursday’s mass march on the I statehouse. McNutt, in conference with a | committee of eighteen representing j 'he marchers, made a promise of j Mo breakdown in machinery” that “should result in passage by the 1 legislature of sales and income tax measures.” The committee had presented McNutt with petitions bearing names of 90,000 farmers \ and real estate owners who are asking tax relief. These were collected by county delegation heads in all parts of the state, under a movement sponsored by the Indiana farm bureau. In the columns of protesting farmers were scores of members of Indiana Real Estate Association and the Indianapolis Real Estate Board. The meeting with McNutt climaxed a series of conferences and a mass meeting of the farmers and real estate men, who are advocating passage of the sales, income and intangibles tax, which would increase the tax income $30,000,000. and permit lowering of tax rates in Indiana. Threats of a proposed “tax holiday” by members of the farm and real estate organziations faded after the conference with McNutt. He assured them the petitions would be given to Representative Albert Walsman (Dem., Indianapolis), chairman of tljp ways and means committee, and be presented at a committee session this afternoon for consideration. Walsman was in the statehouse Thursday during the demonstration, 'out did not attend the conference. James R. Moore, leader in the farm bureau movement, was. emj phatic in his statement that’“the farmers and real estate owners of this state do not want to be termed j reds' or of Communistic nature, but | will resist with determination any movements to permit the tax rate of real estate to remain the same or incresae taxes on tangible asj sets.” PLEADS FOR FARM AID First Step to Beat Depression, Says State Legislator. Relief must be extended first to | the farmer if America is to beat the | depression, Representative John j Napier Dyer (Dem., Vincennes), | said in an address Thursday night J before 250 members of the Riverside Democratic Club. William A. Brown, J president, was in charge.

THE INDIANAPOLIS TIMES

FIRE SWEEPS HOME; COUPLE IS ROUTED Watch All Belongings Go Up in Smoke. Fire believed to have started in a defective flue destroyed a house at 306 South Roena street early today, while the occupants. Mr. and Mrs. Ira Cooper, fled for their lives. Seizing a shirt and trousers and throwing a quilt over his wife's night dress, Cooper was forced to abandon all other clothing and household goods to the flames. • Less to the Coopers is estimated at S6OO. Charles Bowers, Cole and bertha streets, owner of the house, said structure loss would total SBOO. One of the Coopers’ two sons, Bernard, 5. is with his grandparents in Worthington, and the other, John, 2, is with his grandparents at Freedom, Ind. The fire a,dded to the recent misfortunes of the Coopers. Employed as a mechanic until last Dec. 22, Cooper incurred a crushed arnv Recently he obtained employment in a filling station. In th e Air Weather condition at 9 a. m.: North northeast wind, 6 miles an hour; temper at are, 35; barometric pressure, 29.86 at sea level; general condition, high, thin, overcast, thick smoke; ceiling, unlimited; visibility, 5 2 mile; field, good. Faces Trial for Murder By Vnitrd Pres* MANISTEE, Mich., Feb. 17. Wayne Robinson, 25, wounded suspect in the robbery of the Kaleva (Mich.) State bank, was to be arraigned today charged with the murder of Ellsworth Billman. cashier. Robinson is a former stone cutter from Bloomington, Ind. afrt&b SMOKING Soothes the f vjVcfcS t throat. Fresh- \ * ufiROP 1 ens the mouth \ OVERCOMES BAD BREATH

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STATE TO RUSH REPEAL ACTION McNutt Prepares to Set Up Machinery for Indiana Convention. With passage in the United States senate of the Eighteenth amendment repeal plan. Governor Paul V. McNutt announced that a bill will be presented to the Indiana legislature which will set up machinery for the state’s repeal convention. Two plans were advanced, one of

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which would have the convention consist of fourteen delegates, representing the twelve congressional districts and two senate seats, all to be elected from the state at large. Another plan calls for election of

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The Y~ 4 Life Insurance Company Virginia INCORPORATED 1871 :: HOME OFFICE—RICHMOND, VA. I * Sixty-Second Statement* , To Our "Policyholders and the The strong financial condition of the Company is revealed in this Sixty-Second Annual Statement. The past year has been one in which the management has more than ever before laid emphasis on security of principal rather than interest yield. Our assets have increased $1,436,400.99. Additions have been made to our Special Contingency Reserves in the sum of $900,000.00 and our surplus has been increased by $250,806.36. During the year we made payments and advances to policyholders and beneficiaries amounting to $11,263,355.18, thus rendering an invaluable service to those requiring aid in the times of great stress which the entire country has been passing. While our Company, like all other companies, had heavy lapses in insurance, the new business written and paid for was nearly equal to that of the preceding year, and considering the unprecedented conditions which have been existing throughout the world, we feel that the results of our field operations reflect great credit on our loyal staff of representatives. With capital, surplus, and special contingency reserves amounting to $13,891,821.20 and representing nearly twenty per cent of our total assets, we feel that our Company occupies a very enviable position, and we thank our friends who have contributed to the success thus achieved. Bradford H. Walker, President. ■ -a —.. Financial Condition December 31, 1932 ASSETS A LIABILITIES Hash on Hand and in Ranks $ 2,919.045.83 Policy Reserves $58,600,638.11 United States Government Bonds 3,542,689.64 Bring the amount which, together with State, Municipal and County Bonds.. 3.616,493.85 future premiums and interest, will Jay Public Utility Bonds 5T32.596.45 7hu Railroad Bonds 2.102./89.91 p..a p_|- r- 1 • jo ere *■> All Other Bond, 1.026.42.1.36 Re,erred lor Pohc, Claim, 483,456.61 Stock, 1,223.161.25 SSr,r 325 &XZTZ Vi Mortgage on Real Estate 41,659,540.16 ported to the Company at the close of Including Loans on Farm Properties, . $526,395.31. Premiums and Interest Paid in AdReal Estate 1,891,839.55 vance Used and/or Held for Home Office Reserved for J axes, Commissions, Purposes. Expenses and All Other Liabilities 700,258.94 Real Estate 1,732,085.26 Special R nerve for Employees’ ReAcquired by Foreclosure of Mortgage tirement, Insurance and Disability I- oans - Plan _ 250 000 00 Loans to Policyholders. 7,890,091.89 Special Contingency Reserves3,soo (MXhOO Secured by the Cash \ a,ue of Tnetr for possible depreciation of assets and / ohcies. possible excess mortality. Interest Due and Accrued 1,153,054.96 Oh Investments and Policy Loans. TOTAL LrABIUTIES AND SrETIAI Installments, Not 3 et Due. of Cur- Reserves $64 015 412 96 rent dear’s Premiums, Premiums Capital Stock $5,000,000.00 ’ ’ in Course of Collection and Pre- Surplus 5 391 82'2ft miums Extended—Secured by Pol- ' icy Reserves 1,006.966.41 Surplus of Assets Over Liabilities Other Assets 10,455.64 and Special Reserves 10,391,821.20 Total Admitted Assets $74,407,234.16 <? Totai .$74,407,234.16 bar examined the accounts and financial records of The Life Insurance Comnanv of u Virginia for the year ended December 31, 1932. v 7 Cash on hand was counted and certificates of cash in banks were obtained from depositaries and reconciled; the investments were examined or otherwise accounted for; and the correctness of ail the other assets was established to our satisfaction. Bonds are stated at their amortized value as nroII 193 J aWS ™ ommonwea * t k °* Virginia, and stocks at their market value at December OA The reserves on policies rr force were computed bv the Company’s actuarv and the statutory t, portion thereof was confirmed by the Bureau of Banking and Insurance of the Commonwealth of TCd Virginia; and wc satisfied ourselves that full account was taken of all other liabilities. -* in our opinion the above statement correctly reflects the financial condition of the Comoanv at December 31, 1932. 7 Stauc, Maths* and Horn*. „ . ... . ... T. Colxm.ax Avdrrws &to , 9 Kicnmond, V a., January 23, 1933. Accountants and Auditors. Summary for 1932 Gross Income, $16,096,126.96 . . , Premium Income, $ 12,328,212.33 Assets, $74,407,234.16 , . , Insurance in Force, 5374,278,796.00 Capital, Surplus and Special Contingency Reserves . . $13,891,821.20 Payments Under Policy Contracts Since Organization . $80,483,898.04 —„ Representatives for Indianapolis and Vicinity H. A. LUCKEY, Branch Manager 715 Fletcher American Building D. E. McDonald, District Manager 1002-1008 Meyer Kiser Bank Building

100 delegates on a nonpartisan basis. The convention, date to be set by the Governor, would act only on the repeal proposal. L. E. York, superintendent of the Indiana Anti-Saloon League, said

FEB. 17, 1033

that drys will not oppose holding a convention in Indiana, provided the method of selection of delegates is fair and sufficient time is given to present the dry cause.