Indianapolis Times, Volume 46, Number 66, Indianapolis, Marion County, 27 July 1934 — Page 9

JTTY 27, 193/

ILL VETERANS’ ESTATES WILL BE PROTECTED Legislative Safeguards Are Assured by Committee Probing Waste. Ou r Hm i . Invest!gat.on of the handling of mentally incompetent veterans’ estates in Indiana will come new legislation in the nex congress to tighten restriction on banks as guardians. This was assured today as the congressional subcommittee, probing the wasting away of veterans’ estates in Marion. Ind., arrived in Chicago to continue its investigation of estates in that territory after a hearing here yesterday. Two recommendations which maybe submitted by the committee’s chairman. Congressman Wright Patman iDem., Tex > are the taking of ail guardianship estates out of the hands of commercial banks and the forcing of all banks acting in a fiduciary- capacity for the trusts to file corporate surety equal to the amount of the estate's assets. Banks Held Capable Congressman Patman intimated that these suggestions for legislation would be incorporated into actual bills when he called B. W’. Breedlove, chief attorney of the United States veterans bureau in Indiana, to give an off-the-record opinion as to the legislation needed to prevent re-occurence of the wasting of thousands of dollars of veterans’ estates by bad banking practices and alleged speculation with trust funds. The congressman admitted that after hearing thousands of words of testimony on the waiting away and mismanagement of thousands of dollars of veterans’ estates by one Marion bank, he still was convinced that banks could handle funds more satisfactorily and keep them in hotter shape than individual guardians. Mr. Breedlove agreed with the congressman. Necessary Safeguards Suggested He suggested the safeguards necessary to prevent another debacle of a similar nature. f The committee requested Mr. Breedlove to send it a memorandum of his suggestions for use in preparing a bill to safeguard future investments and trust funds. It is the opinion of members of the committee that only government securities or high-grade municipal bonds should be permitted as investment mediums of estates of veterans. Laxity of Law Blamed Laxity of Indiana's law governing state banks as well as the federal law was blamed by members of the committee. In the past banks have not been required to give bond under federal and state laws when administering estates of veterans. Individual guardians. relatives, have been required to make bonds. Investigation of the affairs of the Grant Trust and Savings Company of Marion by The Indianapolis Times during the winter months ; was responsible for the probe and ' the possible change fV federal laws in the administration of veterans' estates.

Clearance Sale of Overnight Cases ~ f Save 25% Silk Moire Lined Overnight ifcyi'r:'! r ACCC r. early! FITTED o Q jjffl Q R OVERNIGHT £jp:s u ■ Mcases oc y Up $5.95 “p- ---— - C iwyM Ow/iy /Jr Down DOVVn ! ptilk moire lined, eomplete wi’h necessary toilet re*quisites. cc the Lovely DIAMOND Bridal Pair f ' Hnth Rings for Only m*m s-| g. 75 Only SI I)oin\! A modem sparkling diamond ment ring and a dainty 3-diamond wedding ring—see it and you’ll buy it.

APPOINTED CODE HEAD

ik Jm '■ gillßelS A v ’\ t \

\V. 11. Flanders

Rubber tire and battery dealers operating under the retail trade code are now required to file retail price and conditions of sale schedules with the district compliance agent, it was announced today by William H. Flanders. 311 Chamber of Commerce building, recently appointed bv NRA authorities as Impartial agent and managing director of the district control board with jurisdiction over Marion and thirty-six other central Indiana counties. Mr. Flanders is also executive secretary and chairman of the board of the Tire and Battery Dealers’ Association of Indiana, the district code authority. Members of the code authority board are Edward Johnson, Gilbert Small, William Grimes, Harry E. Scott, John Ailos, Karl Gassart, ,Clarence H. Brown, Walter Kuhn and E. E. Short, all of Indiana polis. CONCESSIONAIRE VOTED SSO REWARD BY CITY Capture of Theft Suspects Wins Praise for Act. The park board yesterday voted to pav a reward of SSO to Jack Cone, concessionaire at the Twenty-sixth street bathing beach, for his alertness in capturing two men who were stealing a boat from the beach on the night of Friday 13. Mr. Cone apprehended the thieves as they were leaving the beach with the boat on top of an auto, holding them until police arrived. The men, Lucirn Stewart and Clarence Heather, were later fined $lO and costs apiece for the theft.

A NEW LOCATION GARB'S Artificial LIMB and Repairs Metal Arch Supports by Cast PUBLIC INVITED S 420 Fulton St.

REMNANTS r-M., WKm& m 29= s pWhite Furniture 2 U 5-2 IS 44 . 4Va sh. L. II J. I 1 ■■■ I ——^

- advmu? 4afe WHITE SHOES Mss *> WINTER C(MH A ILa the furs ... m m \2Em *s' ' ISL-lilif£ oark; Patterns S Floor * Mar mink 9 \\ olf ggg Jjgaf Jj llQ&g||g§ y v _ j rn 2g|i|ijisizes ii to 42 p • skunk • Caracul 1 EE2ESMEIZZ3BE3Ki •Manchurian Wolf '" M I ,1B jSSMVM I 600 PAIRS OF WOMEN'S Summer Clearance Women's • French lienver 4 "Mg 4SPIBI SWIII, AND GROWING GIRLS' Better Dresses ... SIjFI ft summer„shoes AOSjA * Persian Kurl • Vivid Tneeds I | Kids ginghams of silk, a STYLES OF FURS... B | jHI : r JIA •%p;bow |S|| S.. SALE OF WOMEN’S LINENE THE COLORS ... W®* SPORTOXFfIU UC tnRFUFI * wine • Tobacco Brown \im ff&*A\ JT Wa*IIKDS m 9 KMUS iJ *A avy • Jumbo Green \\ I& y? II / j Made of Quality Leather • Check trimmed (ftfe •Black •Bottle Green \\ /Jt Jjl jj J™' 70 ™ Tans ann ’ J.’,'• h • Seal Brown •Taupe Brown one Browns •ssrlllr. mnmwmm || r . i\ flc * piakis PMI Genuine Aspirin Tablets I OCTAGON Laundry SOAP Sk VfU JLI Jf • Sizes 14 to 44 Limit—Main FI. *wW gij Limit, 2nd Floor. •* • w *•’ ■J A'* I■ I, ■ "j" SAFETY RAZOR BLADES |i LIGHTHOUSE CLEANSER Mam W W A ■ Blue steel or regu- and H -\ypii known scour- f fS _ j• 9 Full-Fashioned Pure Silk ls# E I i$L CaMS 1I VncTTZ^n tiiINGLEa& 98-Lb. FLOUR SACKS 1 westinghouse rcc A YVDiI DC Wlf /% C* VW yy *ULW Washed n.l bleached. Fine for dish Htt © 1 MaZda LIGHT BULBS A. Jr UnP9 n M. towels - Ka,h ~ Limit-Main Floor | i 5 and 25 Watts Only! Frosted. On • Tan anrl White nr Vn/irl Rlnrk 88 • IrTcsTTsi 5c SEWING THREAD I Sale Tomorrow at only- lor and hlte °' S( l,d ,UaCk y H _ „ T - r „_ • Hal nr lilucher Slules 3®-^. Quality. Pl!*® Black ancl white in , 4T g I app® Rolls TdlCt TlSSlie m • New Summer sizes 40, 50 and 60. jwfc SpOOIS jC I „q an J Brand” Large JfL 8%, ■ Long II eating puM Colors. Limit —Main Floor. A Roils 1 m w f101e . ,, •.??- pBT “ SSS3T T^f , “'Pik % _ 10c White Shoe Polish | umit-und n<r * | IfL' I \. : l •Sale Price. |C Li( 3 uid shoe jessing. Large 4- buQ | COCOattUt COOkICS 1 h k a Saturday, Pair— HS ffig ounce bottle, onl> II f>o c Value. Fresh wholesome sugar Tjp § * A v - _ M m 5c METAL POT CLEANERS IS i-m- .- 4 M.iTrlSt — PAIRWW 1 Jl# Metal mesh pot clean- % Sor I C C TSt -f rM w lag-r-' ers. Limit-Main Floor. g on,y -, nfantß . D ept.-seonnd Floor ** Regular $1.29 Quality Boys’ Pre-Shrunk l*MmM MASON JAR RINGS g GLASSWARE mt %M 7 a d|| rv ATVC Worn. $1.29 to $1.49 Silh Pongee Extra heavy yyy ! wt, wi n and tomato T £or /&wpJOl gowns & pajamas j —iff- j -—=r mm :=5 AA cotton goods wt-ujw-mnuM Pj. £s |i;|J embroiderj trims. •Guaranteed Tuhfast • Stepins Panties ■’ I • m>-'i snnfor- SB, SXOR 55523 235. fje .varr ***. u M| c Palmas are \ I_pi^ ce ® nd •Plain Voiles I• On sale, garment— aLj, ImB&S * ''V'" H *° 1 ‘ < ' . H \V \i taffetena 7 mateS ■ E M •Ito 10 yard lengths. Yard- | 2nd Floor W \ \ Sizes 16 and 17. ■***¥ —i^i v-if J <jr*T‘*. rYyray"y7 r ,l i f:f<l Ivery special for Saturday: WOMEN’S NEW SUMMER ’ 1 ff“ *. T* * * tTv.Tc Women’s Rayon Undies 2(W WHITE HANDBAGS TROUSERS Regular $1 qualities. Pouch | J|l ;,r ‘ te "* J 7 Women’s 390 BROADCLOTH SLIPS ppM\, “hue gOk £h si > ^ s ■ jj Children’s RAYON UNDIES I Toe*! Ce Some lace trimmed. Sizes fifg 9 white t/ill' =ourrs 3 mi*™ mfic I I Lie H&iM Bro n size WHITE HAND BAGS * 'ell tailored I :tw! ”• li Jf First Quality 19C ANKLETS and envelope styles. Clearance JOc S Pair “ "•G i-i R iSjEv Smart color combinations. New ■ price— Main Floor ' ■rn>m ■ ■ iA> ruff^ I Some U rrregul i a n rt > lnclud P ed. 12l /2® jj Mett’S ATHLETIC SHIRTS Tm 9 . z V rw - 8 V fffel Sizes 4G to 10. Pair, only- H Cotton ribbed sh irts, in sizes 34 f £ 8 WOMEN'S 100% ALL-WOOL Cotton Swim Suits *§ I to 46. Pun cut. sale P nce. gar- J 1 GOLD LLAT ClirSftl Cllitc 4Bc to 59e values. All sizes. Clean- MEN’S ATHLETIC SHIUTS - BROADCLOTH SHORTS Irregulars of pf /m 1 •S4to S5 qualities Boys’ 59C Wash SllltS gm A Tubfrst broadcloth In a variety of SI Oualitv W* J* f, Brassiere top. S , r f„ lad sheet .M'JhlOt 1 i U %W M Jl • Backless styles pCI Q R , CoV ert Loncies Ag a MEN’S WASH TIES , fit 1 "olor U ; • Black - b,Ue - ° ran?e> V I S vE?v V *s t cE?“n ß *®f 49 C well TaS" p?lU‘. J Vl* | *7 6 I eombtuNiou* 1 So", BOYS’ SHIRTS 8 SHORTS atht r.TIc 'uNION SUITS .n.-Mpj 3lght ,„ lrCT “' ars ' | | H g • Sizes 32 to 44 g| Fast enl „ r bro adcloth short, with V A ATHLETIC UNION &UIA | Sizes 13 ; 2to 18. elastic Fine ribbed ■ a Taped back? and full cut. Some f- JftsK- j Main Floor | shirts. 24 to 24. Garment— * slightly soiled. Sizes -M to 42. GIRLS' SUMMER SHEER Boys’ Flappers Knickers MEN’S ALL-WOOL C? C> C* Washable materials. Coverts and Ats odds and ends of values to *l. Some A M # . 8 K Bs. A A HV. A linens in both styles. Siz.-'s 4 soiled. irregulars. n mlHirC *■ V# MkF 16 _ pair _ Broken sizes. While this lot will 111 • 49c values —i v • Printed to 25c Values Boys’ and Girls’ I Men’s Ist quality Rayon and Celanese 1*47/? > Ulue> voiles. 18 Ist Quality ANKLETS 1 FANCY HOSE • i-pc. style* Iflfl • (teometnc MS • pastel shades ~ I Mercerized toes • Sizes 36 to 42 \ aUU • BiiTraid C J™""" *fj A I 01/ E * "lid Koval' naV> ' • Organdie M J •rair'onty- I I Vif. I /2 • Sale Price—- ' Bows HIM gtggfi? Main Floor SB Main Floor | jj , Main Floor

THE INDIANAPOLIS TIMES

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