Indianapolis Times, Volume 47, Number 295, Indianapolis, Marion County, 18 February 1936 — Page 4
PAGE 4
TAX FERRET IS DEAD AS DODO NOW, IS CLAIM
Time Was When He Did Very Well, but Law Changes Things. BY CARL THORBAHN Progrp&s has exterminated, at least in Marion County, a disagreeable form of the ferret, John ,J. Broden, county intangibles tax appraiser, said today. Unfortunate citizens who failed to list their intangibles on the tax duplicate before 1933 were fugit.ves from the tax ferrets. The tax ferrets were gentlemen who lined their pockets rather well from percentages of collections of evaded intangible taxes. Rate Reduced Drastically Before 1933, when the new intangibles tax law went into effect, this form of property was listed on the regular tax form and taxed at the same rate as household goods, personal property and real estate. This rate was $2.58 last year in Center Township, and is $2.78 this year. Intangibles are composed of stocks, bonds and commercial papers. Under the 1933 law, the intangible tax rate was established at 25 cents a SIOO of valuation. This is about 1-11 of the former rate. Practice Proved Profitable Tax ferrets received one-half of all taxes and many of them on sequestered property finally brought to light became somewhat wealthy out of the proceeds. Mr. Broden said that only about 4 per cent of the taxpayers listed their intangibles on the duplicates before the new law. Due to low rates and co-opera-tion of financial institutions, intangibles taxes are rarely evaded now, Mr. Broden said. Evasions are discovered when safe deposit boxes are opened by the administrator of an estate under the supervision of the inheritance tax ai praiser. Schools Share Receipts Intangible tax collections have Increased every year since 1933, with $205,000 collected last year in the county. This is an increase of $12,000 over 1934, Mr. Broden said. The figures are exclusive of taxes paid by banks, brokerage firms and several large businesses which deal in commercial paper directory with the state and their records are not entered on county books. The tax is collected through sale of intangible stamps, and 90 per cent of the funds realized are returned to the county school fund. The remaining 10 per cent goes to the state general fund.
YOUNG DEMOCRATS TO GIVE DANCE TONIGHT Social Event to Precede Convention Scheduled for Feb. 28-29. Preconvention dance of the Young Democrats of Marion County Is to be held tonight at the Hoosier Athletic Club with an attendance of nearly 1000 in prospect. The Young Democrats’ convention is scheduled for Feb. 28 and 29 in Tomlinson Hall. Patrons and patronesses for tonight’s dance include: Messrs, and Mesdames Cecil McConahay, Albert H. Losche, Porter Seidensticker, Charles Burkline, William McDermott, Thomas Haefling, William E. Clauer, Joseph P. McNamara, William Brown, Mark Gray, James P. Scott, Carter Leap, Adolph Schreiber, Edward Borcher, Herman Backemeyer, Bert Yeager, E. L. Alexander, David Lewis, Greyble McFarland, Joseph C. Gold. Robert Hoffman and Harry Hohit, Dr. and Mrs. Charles Myers, Dr. and Mrs. Frank T. Dowd, Fred Eisenhut, Hendricks Kenworthy, Joseph Wallace, Blythe Q. Hendricks, Wyatt Farrington. James A. Watson, Harry Toner and George A. Miller. SEEKS ASSEMBLY SEAT * William C. Erbecker Announces His Candidacy as Democrat. William C. Erbecker, attorney, is to seek the Democratic nomination for state representative on a platform advocating completion of South Side track elevation, an adequate old age pension, retention of the township form of government and a limited exemption of household furniture from taxation, he said today. The candidate was graduated from Cathedral High School and attended Butler University. He is unmarried and resides at 717 E. Morris-st. ALUMNAE PARLEY SET University Women to Meet in Milwaukee May 8 and 9. By United Press MILWAUKEE. Wis., Feb. 18.—A regional convention of the American Association of University Women will be held here May 8 and 9. The region comprises Ohio, Indiana, Michigan, Illinois nad Wisconsin.
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“We are making progress,” Samuel Leibowitz (right), noted criminal lawyer, said after a death-cell intei'view with Bruno Hauptmann. Leibowitz is pictured coming down the steps of New Jersey Penitentiary at Trenton accompanied by Robert Hicks, # private investigator.
Hauptmann’s Story Not Changed, Pastor Asserts Bruno Clings to Trial Tale in Interview With Leibowitz, Minister Declares, BY ROBERT MITSEL (Copyright, 1936, by United Press) TRENTON. N. J„ Feb. 18.—Bruno Richard Hauptmann did not change his story “one single bit” in his dramatic death-house interview with his new counsel, Samuel Leibowitz, nor is he likely to change it, the third parly to the interview said today.
RURAL SCHOOLS IN STATE ARE CLOSED (Continued From Page One) of the state still face a milk shortage because farmers are unable to take their produce to the distributors over bad roads. Four additional deaths brought the cold wave toll to nearly 70. William M. IVJorrett, 76, died in Fulton County from injuries received in a fall. He twice was a township trustee and was active in Farm Bureau activities. Carbon monoxide gas, forced from an overheated stove by a shift in the wind, caused the death of Elizabeth Davis, infant daughter of Mr. and Mrs. Robert Davis, Huntington. Child Dies of Burns Rosalie Donaldson, 6, died at Mount Ayr from burns suffered when her dress caught fire from a heavily fired stove. William Belcher, 61, Logansport, died from exposure. He was found several days ago in his home, his hands and feet frozen. Freezing of the Ohio and Kanawha Rivers has stopped Indiana’s usual incoming coal supply from Kentucky and West Virginia mines. Subzero tempeartures decreased immediate dangers of floods. The Ohio River passed the 35-foot flood stage at Evansville, but crept into the lowlands with inconsequent damage. Approximately SSOOO has been spent by the Michigan City water department to thaw its lines. Fuel Low at Noblesville Noblesville faced another serious coal shortage. Two of four retail concerns reported their supplies almost exhausted, while a third said that two carloads on hand were already promised to customers. Although the temperature today went to 11 below, at Seymour, the city confronted no fuel shortage such as was experienced 10 days ago. Coal dealers reported that shipments received over the week-end would enable them to meet “reasonable demands” during the next few days, STOMACH UPSET Get at the real cause. That’s what thousands of stomach sufferers are doing now. instead of trying to patch up a poor digestion, they are attacking the real cause of the ail-ment-clogged intestines or constipation. Dr. Edwards Olive Tablets help the intestines in a soothing, healing way. When the bowels are performing their natural functions, people rarely suffer from indigestion and stomach troubles. Have you a bad taste, coated tongue, poor appetite, a lazy, don’t care feeling, no ambition or energy, trouble with undigested foods? Try Olive Tablets, the substitute for calomel. Dr. Edwards Olive Tablets are a purely vegetable compound. Know them by their olive color. They do the work without griping, cramps or pain. All druggists. 15c. 30c and OOc. Take one or two at bedtime for quick relief.—Advertisement.
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Despite hints from Mr. Leibowitz, criminal lawyer who associated himself tentatively with the Hauptmann defense on condition that Hauptmann stop telling “cock-and-buil” stories, the stolid German carpenter clung to his Flemington trial story. The Rev. John Matthiesen, Lutheran mini r i.cr and Hauptmann’s spiritual counsellor for six months, was present at Mr. Leibowitz’ threehour conference with his client Sunday and today cleared up mysterious circumstances which had inspired reports that Hauptmann changed his story. Confers With Hoffman After Mr. Leibowitz left the deathhouse Sunday, he went to the home of Gov. Harold G. Hoffman, who gave Hauptmann the 30-day reprieve that expired Saturday, and conferred with him. “Mr. Leibowitz has not succeeded in changing Hauptmann’s story one single bit,” Mr. Matthiesen said. “And I don’t think it will be changed.” “Then, despite the verdict of the Flemington jury, you are certain he has told the truth?” Mr. Matthiesen was asked. “I am absolutely convinced of hir innocence, and I am sure he told the truth.” “Mr. Leibowitz apparently feels that Hauptmann is holding something back and that by repeated visits he wifi be induced to tell it,” Mr. Matthiesen said. “I do not feel that this is the case, nor do I believe that Hauptmann is shielding any one. I think he has told the truth and will stick to it.” Meanwhile Assistant Attorney General Joseph Lanigar indicated he would forward to Justice Thomas W. Trenchard today or tomorrow the new death warrant necessitated by the reprieve. Justice Trenchard is expected to set anew date for the execution, which under the law an take place any time between March 22 and Aprii 26.
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THE INDIANAPOLIS TIMES
$118,500 DUE ON GASBONDS These Are Only Securities of Old Firm Uncashed, Boetcher Says. All but $118,500 worth of securities of the old Citizens Gas Cos., have been received and cashed at par,' Walter C. Boetcher, City Controller, announced today. Bonds to that amount still are outstanding, but should be turned in within the next few weeks, he said. Preferred and common stocks of the company, which became city property Sept. 9, already have been paid off from the $8,000,000 revenue bond issue sold by the City Utility District last summer. The question of anew lease with the Indianapolis Gas Cos., which controls 60 per cent of the mains and the Langsdale plant, still is pending, Albert Rabb, Utility District attorney, said. Arthur V. Brown, vice president of the Indianapolis Gas Cos. board, said directors had taken no action on the ultimatum of Citizens’ directors that a decision must be reached by March 9. The old Citizens Gas Cos., signed a lease with the Indianapolis Gas Cos. in 1913, but the city board rejected it when the city took control. Residential Appraisers to Meet Indianapolis chapter of the Society of Residential Appraisers is to meet in the Columbia Club Friday noon. George W. West, Atlanta, Ga., national president of the society, is to speak.
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FEB. 18, 193 C
