Indianapolis Times, Volume 47, Number 183, Indianapolis, Marion County, 10 October 1935 — Page 13

OCT. 10,1035

JUDGE FAVORS REALTY FIRM'S REORGANIZATION Program of College Court Majority Stockholders to Be Approved. Probate Judge Smiley N. Chambers announced today that he would approve conditionally the reorganization plan of the majority of preferred stockholders of the College Court Realty Cos. The majority which has taken the name Stockholders Protective Commhtee, advised Judge Chambers of intent to buy the apartment building at 54th-'t and College-av, now r in receivership, when offered for sale. Judge Chambers said he would accept either cash or preferred ste'k now on deposit. In all probability, common stockholders will be wiped nut in the settlement, the judge said. Preferred stockholders probably will receive 50 cents on the dollar, though there is a possibility of their receiving full value for stock. William A. Brennan has been receiver of the property since 1930 Claims for only S3O have been received, and $17,500 in cash is on hand, evidence before Judge Chambers said. Os the 2095 outstanding shares of preferred stock, 1940 have been deposited under the reorganization agreement. The protective committee, represented by Jesse Weichman, Richmond find.) broker, is to take over the property by pledging the deposited stock. Judge Chambers said he would accept a satisfactory offer, should one be made. AMNESIA VICTIM IS~ TAKEN TO HER HOME Woman Found Near Frankfort Tuesday Identified by Relatives. It 7 7 inn K Special FRANKFORT, Ind., Oct. 10.—Mrs. Delbert Fry, 39. Logansport, an apparent victim of amnesia, found near here Tuesday, was taken home early today to her family of 12 children. Identified by relatives, Mrs. Fry seemed to emerge from her daze when she saw familiar faces. EVANSVILLE BANK MAY PAY ANOTHER DIVIDEND Liquidating Agent Petitions Superior Court for Authority. By Tinir ,9 Special EVANSVILLE. Ind.. Oct. 10.—Another 10 per cent dividend aggregating $157,881.72 may be paid 4500 depositors of the defunct American Trust and Savings Bank. E. L. Brown, state liquating agent, has petitioned Superior Court to make the payment. If granted, the additional dividend would raise the total paid since the bank closed to 65 per cent. MANUFACTURERS TO ARRANGE FOR LOBBY Program for Legislative Session to l?e Outlined Tonight. Officers and directors of the Indiana Manufacturers Association are to meet tonight at the Columbia Club to decide on a preliminary lobbying program for the next session of the Indiana General Assembly. Recently enacted state and national legislation was discussed at a meeting last night. Evangelical Church Head Named Bp I nit til PrcKH MT. VERNON. Ind., Oct. 10.—The Rev. W. Sinke, Paducah, Ky., was elected president of the Indiana district of the Evangelical Church here tixlav.

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STATE TEACHERS TO HEAR NATIONALLY KNOWN SPEAKERS

Dr. Wilford A. Osgood

Alonzo F. Myers

Indiana teachers are lo meet for their eighty-second annual convention in Indianapolis Oct. 17 and 18. Discussion is to cover legislation action which Albert Free, Indiana State Teachers’ Association president says may affect vitally the personal welfare of every individual in the profession and limit drastically the educational offering to children of Indiana.” Nationally known speakers are to address various sessions, which are to be held in numerous buildings. Among the speakers are A. J. Stoddard, Providence, R. 1., school superintendent; President Free; Dr. Wilford A. Osgood, Chicago, Field Museum curator; Alonzo F. Myers, New York University; Dr. Fred B. Smith, New York, and Miss Agnes Samuelson, National Education Association president. General sessions, which begin at 8 Thursday night, are to be held in Cadle Tabernacle.

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A. J. Stoddard

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Fred B. Smith

THE INDIANAPOLIS TIMES'

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Albert Free

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Will America lie a “Fall Guv” Again? How subtle propaganda, ill-advised diplomacy and an imperfect understanding of European politics dragged America into the World War was the startling story told by Walter Millis in his remarkable “Road to War,” completed in The Times yesterday. How today America again stands in the same vulnerable position she occupied in 1914 is the alarming disclosure Boake Carter, famous news commentator, makes in his new book . . . ‘’Black Shirk Black Skin” ✓ Here in this amazing picture of Ethiopia’s social and political background and the dangerous international situation created by the Italian invasion is the perfect sequel to “Road to War.” If Europe is again plunged into a general war, will America once more be the “fall guy?” Every American ought to know the hazards his country faces today. And nowhere will he find a clearer explanation of them than in ... “BLACK SHIBT. BLACK SKIA” Beginning TODAY in The Indianapolis Times

MILK STRIKERS FAIL TO ATTEND MEETING HERE 195 Chicago Association Members Cancel Parley Reservations. One hundred ninety-five members of the Chicago Pure Milk Association, who were to attend the nineteenth annual convention of the National Co-operative Milk Producers Federation opening at the Claypool today, have cancelled their reservations. Federation officials, advised the action had been taken because the Chicago members felt they should s f ay “on the firing line" in the Chicago milk strike, declined to make a statement. Many of the underlying principles of the New Deal's agricultural program were declared "sound, reasonable and right” today by N. P. Hull, federation president. “With our present international situation it is difficult so sell surpluses in other countries and receive prices that will meet the cost of producing,” he said. “If farmers will give careful attention to their legislative needs, and agree on essentials so they can bring their full strength to bear in a cooperative way, they will accomplish their aims,” Mr. Hull advised. Resolutions Are Adopted Butter producers probably will adopt resolutions Saturday which were drafted last night. The resolutions support, a Federal tax of 5 cents a pound on oleomargarine; Federal laws protecting states which have taxes on butter and butter fat from “bootleg” butter from other states; state legis-

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lation on oleomargarine compensatory to butter men in relation with taxes now in effect on oleomargarine. and an increase in tariffs and duties on imported fats and oils from the present 3-cent rate to 5 cents. Pickets Tour Highways By I'nitdi Pr> :•* CHICAGO, Oct. 10—Pickets today toured northern Illinois and southern Wisconsin highways to thwart armed guards convoying milk shipments to Chicago. The 10-day-old milk strike, called by Federal Judge John P. Barnes an • insurrection and rebellion,” continued after Mayor Edward J. Kelly and Dr. Herman N. Bundesen, Health Board president, failed to bring an agreement between striking farmers, officials of the Pure Milk Association and dealers. The mayor indicated negotiations would continue. Judges Barnes’ statement came when he denied a petition of the Meadow-Moore Dairies for an injunction against “rioting, vandalism and terrorism.” He placed responsibility for maintaining order upon the state. CATHOUC WOMEN DINE Daughters of Isabella Celebrate Twentieth Anniversary. More than 125 members of the Daughters of Isabella, Catholic social service organization, were guests at a dinner last night at Cifaldi's Villa Nova, E. National-rd. celebrating their twentieth anniversary. Past regents of the Mother Theodore Circle 56, chaplains and officers were special guests.

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CITY TO MARK DISCOVERY DAY Public Offices to Close for Observance on Sat- • urday. Indianapolis Saturday will join in observance of Discovery Day. The Counhouse and City Hall will be closed. In the Statehouse only the gross income tax division offices are to remain open. They will close at noon. Member banks of the Indianapolis Clearing House Association will be closed. Tomorrow, special programs ar* - * sch°duled in several public and parochial schools. Members of the Knights of Columbus are to celebrate with a bridge party in the club. 1 .05 N. Delav ire-st. A second program has beer arranged for Mondav. when D’ Vincent A. LaPenta. Italiai con- ->' -. will speak. Regular schedules will be maintained at the postofflee. Postmaster Adolph Seidensticker said.

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