Indianapolis Times, Volume 47, Number 3, Indianapolis, Marion County, 14 March 1935 — Page 5

MARCH 14, 1935

1913 GAS LEASE FAVORABLE TO STOCKHOLDERS Indianapolis Gas Company Owners Guaranteed Dividends by Terms. (Continued From Pace One) vided for m the event that the maximum gas rate is fixed at not more than 45 cents. Penalty for Rate Slash It is difficult to imagine by what method of logic such provisions were arrived at. and approved. In effect, it penalizes the Citizens Gas Cos. for any rate slash which might have been Instituted. The sole reaction of this writer to the clause is that both lessor and lessee visioned the union of the two companies as a means toward economy of operation. and that common stockholders of Indianapolis Gas Cos. should reap some of the benefit from such savings. Insofar as the Indianapolis Gas 5 per cent bonds are concerned, they were left undisturbed, except for the fact that the Citizens Gas Cos. was obligated to pay the interest on the issue under the terms of the lease. Provision was made that if the bonds matured during the period in which the Citizens Gas Cos. and the Indianapolis Gas Cos. were still operating under the lease the Citizens Gas Cos. should proceed to extend, renew or refund the issue. Under the terms of this clause the Citizens Gas Cos. is obligated to go out into the highways and byways of finance and attempt to sell anew issue of bonds, at not more than 5 per emit interest, to take care of the maturing issue. Must Use Own Funds In the event that it has to sell the new securities at a discount from par. Citizens Gas must dig into its corporate pocket to make up the deficiency necessary to pay the maturing bonds. The lease further provides that if Citizens can not negotiate a loan to take care of the indebtedness, the Indianapolis Gas Cos. may take charge of the operation and sell the refunding bonds at the best price "which it is reasonably able to obtain.” and the Citizens Gas Cos. shall pay the difference between the par amount of the bonds refunded and the net amount realized from the sale of a like amount of refunding bonds. This lease of the Indianapolis Gas Cos. by the Citizens Gas Cos. looms large in any consideration of the eventual solution of the local gas problem. Any discussion of the validty of this contract should be left to the lawyers for the interested parties to argue. (Tomorro w—Citizens Gas Rate History)

~ ... aWSS S^KN • M.. ■ ■::jav~ :•:<•:•: xvtwxkjattjotvXO.T^^’. \. VwJHf* I HHMpr THE CAR OF THE MOMENT N \ l.* WELL AS THE YEAR In this dazzlingly modem and beautiful long-wheelbase cars back-seat comfort TU\E I\ the FORD Sunday evening hour. . . ._,... . . Symphony Orchestra and celebrated car is seen another flash of that gemus in Sedans that leaves no one envious ot e c ,^ 3 guest soloists. 8 o ciock (C. S. TANARUS.), all Columbia Stations. which gave the world the now famous front-seat passengers. fred waring and his Pennsylvanians, every __ . Thursday evening at 8:30 (C. S. TANARUS.), all Columbia Stations. Ford V-8 engine. Here are deep, soft-sprmged cushions Here is that elusive something called and de luxe upholstery materials that , , ..iiii BeCM 5J anf l F - O- B. Detroit. Standard accessory Style, presented in an exciting silhou- invite you to sit in the lap of luxury. * cwop up group including bumpers and spare ette and harmony of smooth-flowing lines Let s not talk of engmeermg or equip- q( no additional cost, small down payment. Convenient, -the essence of perfect streamlining with- ment details now. See this truly surpris- , economical ‘e™ through the Universal Credit Company. out a suggestion of the freakish or bizarre. ing car at the nearest Ford showroom. Here is that exquisite riding ease Take it out on the road. Drive it, and heretofore exclusive with expensive, the 1935 Ford V-8 will be your next car. jjonHjp[„ /A Vft r t AUTHORIZED FORD DEALERS "WATCH THE FOHDS GO BY”

News Survey of Indiana

BpT, met Special COLUMBUS March 14 —lt s early yet for a good fish story, but Minas Lowe of this city has a duck yarn. While driving toward Seymour he frightened three wild ducks from their roadside refuge. Two soared to safety but the third crashed into his auto. A moment later Mr. Howe missed the radiator cap. Going back he found mute evidence. A duck, wounded fatally, lay at the edge of the road Implanted in Its breast was the missing cap.

mam W. C. T. U. Holds Institute Bp Ttm't Special LEBANON. March 14—Annual all-day institute for members of the Women's Christian Temperance Union is in session here today. Routine work occupied th* morning program and a co-operative dinner was served at noon. An address. "Going Forward,” delivered by the Rev. Robert Ross-Shannon, was to be an afternoon feature, and a silver medal declamatory contest among school pupils the highlight of a 7:30 session at the United Brethren Church. a m m Police to Show Work By Time * Specia l LAFAYETTE. March 14—A public "open house” in order to familiarize citizens with police methods and equipment is being planned by the local police department. The headquarters, remodeled and retted, recentlv received a consignment of new guns and ammunition. mam More Light Probable By Timcs Special NOBLESVILLE. March 14 —Local street lights probably will shine with greater brilliance after the present power contract expires in April. Renewal of the city’s contract with the Northern Indiana Power Cos. was discu.- 'd at the last council meeting, and veral mem-

TritSSJn r It C Y nUU* X 1 fl BUSINESS MAN GO M rfip * 9 f rCC M TO the effort. 1 U* I rJU TROUBLE AMD EXPENSE I ■•*■**_ OF DRIVING when HE I LU I, 1 Min 11# 11IP W'i C>N GO BY greyhound! than PR |yiwc |\ V TH f|Pj lave your car —and VTHB dollars, too! Make VWqf every out of town trip // j by Greyhound bus. VR ) m.jgP-/- \ Trirlion Terminal. II I flSfiP ) linui* and - L V/ w /4.' N a I AjL Zttt: neither Tr*t IWL linker* P Trout Cos., //' J WrS Telephone K 1-4:107: S / IMer* Pharmacy. 5750-A\ // / ash I pic ton /sj /\wy 7 Telephone BF.l°>o. J /j Sl\ GREYHOUND \

bers expressed dissatisfaction with the present reduced candlepower. As an economy measure, the preceding council obtained restricted voltage. man Warning Given Motorists fly Timm Special CRAWFORDSVILLE, March 14. Motorists have been warned by authorities that anew campaign against traffic violations is to begin here today. Excessive speed, reckless driving, and unnecessary hornblowing have been named by police as three offenses against which they are instituting a vigorous drive. Red Cross Plans Convention By United Prmn WASHINGTON. March 14—The American Red Cross annual convention will be held here April 8-11, the national headquarters announced. Help Kidneys Don't Take Drastic Drugs Your kidnevs contain 9 million tiny tubes or filters which may be endangered bv neglect or drastic, irritating drugs. Be careful If functional Kidney or Bladder disorders make vou suffer from Getting Up Nights. Nervousness. Loss of Pep, Vg Pains, Rheumatic Pains. Dizziness. Circles Under Eyes. Neuralgia. Acidity. Irritation or Itching, you don't need to take chances. All druggists nov, have the most modern advanced treatment for these troubles —a Doctor's prescription called Cystex iSiss-Tex). Works fast — safe and sure. In 48 hours It must bring new vitality and is guaranteed to make you feel 10 years younger in one week or money back on return of empty package. Cystex costs only 3c a dose at druggists and the guarantee protects you. Advertisement.

THE INDIANAPOLIS TIMES

FOUR PLEDGED BY JOURNALISM GROUMTI.U. Lloyd Wilkins, City Youth, Honored by Fraternity at Bloomington. By Time* Special BLOOMINGTON, Ind„ March 14. —J. E. C/Brien of Evansville, Lloyd Wilkins of Indianapolis, Gordon Parks of Huntmgburg and Stuart Van Dyke of Winona Lake, have been announced as new pledges of Sigma Delta Chi, national professional journalistic fraternity at Indiana University. The newly elected members of the journalistic organiza tion were pledged immediately preceding a

CORRECTION! Account of a typographical error Wednesday's Times carried Youthful Spring Hats priced at sl—in the advertisement of L. S. AYRES DOWNSTAIRS STORE This should have been Youthful Spring Hats, $1.98.

At Sander & Recker’s Friday and Saturday Marvelous Chair Values /-V /} group of high grade lounging chairs—\~SjL wing chairs— barrel chairs in fine friezes, tapestries, some with genuine jcushions. Were $49.50 and $59.50.\J) < KmJ./U Specially priced. V J J SANDER & RECKER Furniture Company Meridian at Maryland

luncheon program at which Stephen | C. Noland, editor-in-chief of the Indianapolis News, was the principal speaker. Wilkins and O'Brien, both sophomores, recently were named cowinners of the annual S2OO scholarship award of Delta Sigma Chi. Wilkins belongs to the Phi Delta Gamma honorary journalistic, forensic and dramatic fraternity. He served as campus editor of The Student last semester, and now is an afternoon editor on the campus paper. Juanita Cox. Bloomfield, junior co-ed, has been chosen for the part of Nanette in the professional musical comedy, “No, No, Nanette,” to be presented March 27-28 at Indiana University under the direction of the University Theater. Other leads in the show will be: Mary Brumblay, Bloomington; Jean Bedwell, Sullivan; Anna Cutshall, > Brazil; John Shanks, Salem; Wade | Free, Anderson; Norman Meek, Newcastle; Jeanne Maris, Indianapolis; Sally Jewett, Muncie, and Marjorie Weaver, Louisville, Ky.

—g BUY ON F AIR*S BUDGET PLAN /Jy Ohe Siote. of Gxeaiet Value st. i (THE FAIR)) W v 311-325 WEST WASHINGTONS* / BOUGHT OUT Entire Stock—Guttwillig & Rudes 270 W. 38th, New York, New York Manufacturers of High-Grade Coats and Suits. They Have Gone Out of Business and The Fair Bought Their Entire Stock, Adding Our Own Spring Stocks in a Sale at Greatly Reduced Prices. We Promise You a Sale That Will Eclipse Anything for Months. tSjfejWOMEN’S $lO NEW J! SPRING SUITS /Am\ M\ WHILE THEY /iMm LAST SPmi 98 I! ° ut they g ° in this JUfIP ~ ff marvelous sale. Navy \ Blue, Gray, Tan, Green C||ljra|. ' n 1 \\ and Rose shades, that 'Si THEY MSJW are smart. GO I <K lii!jlnl/ Floor Took} womens spring l. 'lllllfe SKIRTS $ 4 | I I Women’s SMART DRESSES l I Part Silk, Rayon and Knits j7_ ,-TT r II- WHILE THEY LAST gj* Out they go. Worn. Smartly Styled I Wrmipn\ HANDBAGS ' Wjte ®yW Simulated patent M 9 9 aTj Cb a Y'r* - even’s roar anwM EASTER BAGS UVlflig Adorable styles # ft FITTED STYLES /tMIIM in alt wanted j| 1i- White*Flesh• Msm I &n. large III s -~ dsty i Mfj Women's Quality I slips of quality Mpn Q I/ Y RAYON UNDIES “iiO U )S | Trimmed panties - whlt< or flesh . 9Mr I Js\ 'IM arid stepins o£ g Sa .. / Ml ■;* j 1 Hi good quality, in S Xti " | ||h reguiar sites. ? i LINGERIE B \ ill \\ omen s Fivst Quality Bloomers, Panties, lul V: !|B CHARDONESE HOSE Pretty tailored "or trimmed, | B | Service weight MB nice quality in regular sizes. jL Hj hose in new spring ■ S colors and all / Z%Z\ OUT 111 H f \ll sizes. mm\* THEY 4 1MB j! Women's Broadcloth QO Sf PAJAMAS / 2-Pc. Styles A W Fast color 2-piece ff M M 1 / ** 'f styles, trimmed in P m I \ *y Regular sizes. HsC / WbrmbzA WOMEN’S KOTEX FOR I /y[s f\WxSPRING eSlfr I^HATS New Spring \ Get one of these smart |f\\i p q \ spring hats to match every P L. w V LD outfit, in sensational value WfcJß W Tailored slipon yL sale. Navy, Black, Reds . styles. Black, U W # and Brown. Plenty of M navy, brown or # * J large headsizes. J grey. All sizes. | HUNDRkOS HEW SMART GIRLS’” Floor RAYONT AF F ETA Children's Long dir nDC£?CCC Ribbed Hose AUntOOEO itilQc ALSO TOTS’ SILK DRESSES Women's First Quality ||@ Hp SILK HOSE MIkC Er—29c I mm shirts'*’shorts . Street Color Prints , Pastels shorts or IHralgk Ruffle and Ribbon Trimmed | Zs C ■ Smart, attractive girls* and tots' 1-Lb. Box Chocolate W dresses, adorable new styles, trimmed GHARRIES Os y with touch es of hand work in every NUI II ll u new spring color imaginable. Sizes 1 MINT if to 6 years and 7to 16 years. PATTIES I For Only |

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