Indianapolis Times, Volume 48, Number 61, Indianapolis, Marion County, 21 May 1936 — Page 4

PAGE 4

EFFECT OF BILL ON UTILITY SUIT IS GIVEN STUDY

VanNuys Calls for Hearing on Bankruptcy Law Amendments. BY DANIEL M. KIDNEY Times Special Writer WASHINGTON, May 21—Hearing on whether or not the retroactive VanNuys amendments to the bankruptcy law would save Howard C. Hopson's Associated Gas and Electric Cos., from a long-pending creditors’ suit has been set by the Senate Judiciary Subcommittee for today. Tills action was taken by Senator Frederick VanNuys <D„ Ind.), subcommittee chairman who handled the many legalistic amendments in the Senate upon their passage last week. The bill wa.s in the House when the Indiana Senator was informed of the possible effect on the Associated suit which has been in litigation la New York Federal courts for a ytar and a half. Based on Old Statute That suit was brought under the old statute which provides that any three creditors representing SIOOO In debts can go to court for an accounting and ask for a receivership. Such action was taken against Hopson’s top holding company by three bond holders. The company countered by alleging bad faith. Appeals have kept the matter in litigation. Thus far the bond holders have been upheld, Mr. VanNuys was informed. Under amendments to the bankruptcy act, debtors bringing such a suit must represent 5 per cent of the total indebtedness of the company and Senator VanNuys made this provision retroactive. When representatives of the creditors in the New York suit pointed out, that this would give the company an avenue of escape which they have been seeking, Mr. VanNuys had the bill brought, back from the House and moved its reconsideration. Action Rests On Hearing He then set the date for hearing. “Should it. be shown that, this case will be placed in jeopardy, as j is contended, I will ask that the retroactive amendment be withdrawn from the bill,” Mr. VanNuys said. The Treasury will be represented at the hearing because of the interest, from a taxation standpoint, of making the 5 per cent provision retroactive. Mr. VanNuys said. Hopson gained notoriety among i the Senators last session by playing hide and seek with the Senate Lobby Investigating Committee. PILGRIM SHRINE GROUP TO INSTALL OFFICERS Visiting High Officials Are to Assist in Session. Pilgrim Shrine No. 12, While Shrine of Jerusalem, is to install officers tonight at 8 in Castle Hall. Mrs. Emma Hullinger of Springfield, 111., supreme noble prophetess, and Mrs. Lottie Ferguson Dickey of Fort Wayne, worthy high priestess, are to assist in the installation. Mrs. Millie Gilmore, worthy high priestess of Pilgrim Shrine was recently installed at the supreme session at. Des Moines, la. Dinner is to be server; at 6:30 tomorrow' night. Reservations may be made with Mrs. Harriet Reeve.

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SENATOR MINTON HONOR GUEST AT WEST POINT EVENT

1 1 ' 1 —Photo by Acme.

A party of Senators, members of the Board of Visitors, were honored guests at the United States Military Academy, West Point, N. Y. A special regimental dress parade W’as staged for them.

CRUISER VINCENNES LAUNCHED BY NAVY Hoosier Mayor’s Daughter Christens Craft. Bij I'nih'd Prcst QUINCY, Mass., May 21.—The Navy’s newest fighting vessel, the $11,000,000 cruiser U. S. S. Vincennes w r as launched today at the Fore River plant of the Bethlehem Shipbuilding Corp., Ltd. Harriet Virginia Kimmell, daughter of Mayor Joseph W Kimmell of Vincennes, Ind., christened the trim 10,000-ton warship by smashing a bottle of French wine, donated by Mayor Vonvoisin of Vincennes, France, across its prow. Officially representing the city for which the cruiser was named was a delegation of 21 persons headed by Mayor and Mrs. Kimmell. The Vincennes is the second American warship to bear that name, the earlier ship having been completed shortly after the War of 1812. A w-ooden three-masted vesel of about 700 tons, she was flagship of the explorer, Capt. Charles Wilkes, and W'as one of the first two American warships ever to enter a Japanese harbor.

FOR./ / jUcruno SCALPS 7 Cuticura brings soothing, welcome relief. The Ointment aids in removing dandruff the Soap keeps the scalp clean—and promotes hair beauty. Buy today. Soap 25c. Ointment 25c and 50c. FREE sample if you write “Cuticura,” Dept. S, Malden, Mass.

Senator Sherman Minton (center) of Indiana, is shown above with his appointees, John Frazier (left) of Elwood, Joseph Lester of Salem and Arthur Poinier (right) of Indianapolis.

Ships to Carry Delegates B;i T'rtitrd Prrm OTTAWA, Ont., May 21.—Five ships are to be used to carry Canada’s delegation of pilgrims to Vimy

PEOPLE'S SPECIALS sHundreds of finely coiled STEAMER CHAIR - - springs in this excellent mat- T IQC ■■■V tress will give you hours of I M y j With Arms actually Men’s I deep restful sleep. I ilk ’laV'v wash suits in a va- ■■ yOc Jy mffl INSIDE AND Str tt' t I j and en J°y real com- SI.OO I J Howe on m PEOPLES OUTFITTING CO [§§j j I WASHINGTON at CAPITOL CHAR6E

THE INDIANAPOLIS TIMES

Ridge for the unveiling of the Canadian war memorial there in July. It is expected nearly 6000 ex-soldiers and their relatives will make the pilgrimage.

PEONY CROP IN STATE IS READY FOR HARVESTING Plants Reported Damaged by Severe Winter and Late Spring. Timr Special BOONEVILLE, Ind., May 21. Plans for harvesting Indiana's peonycrop were under way today throughout counties in the southern part of the state. More than 650 acres of peonies are cultivated in this section annually. The largest single grower is Dr. A. J. Knapp, Evansville, who

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devotes approximately 200 acres to raising the flowers. Other well-known peony raisers include Atty, Gen. Philip Lutz Jr., who began cultivating the plants as t, hobby and saw it deveicp into a profitable business. The peonies are cut while in tight bud and shipped to metropolitan markets, New York. Chicago, Jacksonville, Denver, Washington and Milwaukee. A severe winter and late spring damaged this year s crop,

v ■,;# IS . 'gSas ML if v->, wH fpipKp i ffar ■ TRACK CHAMPION, Johnny Follows, enjoys HARRY FISHER, steel worker, says: flj smoking Camels.’’They help to stimulate my "Smoking Camels helps my digestion.’’ digestion and bring a grand feeling of well- Camels increase the flow- of digesbein 8 ’he says. Camels add test to any meal. tive fluids...alkaline digestive fluids. CM II II Hill (fost [i&iTcb CLCCOS

reducing the output to 75 per cent of normal. Although a native plant of Siberia, the soil and climatic conditions in this section have brought the state recognition as one of the world's greatest commercial peony growing centers. Women's Club to Danre * The Christian Park Women's Club is to hold a dance in the com-

MAY 21, 1936

' munity house at 8 tomorrow night. Mrs. Herbert Hayes is arrangements committee chairman. I “If it covers the gsJnl floor . . xve have it" f&pig TRY A WANT AD IN THE TIMES