Indianapolis Times, Volume 48, Number 64, Indianapolis, Marion County, 25 May 1936 — Page 2
PAGE 2
STATE MASONS TO MEET HERE IN CONVENTION Sessions of Grand Lodge to Open at Temple at 10 Tomorrow. The one hundred nineteenth annual session of the Indiana Grand Lodge of Free and Accepted Masons 1* to open at Masonic Temple, North tomorrow morning The two-da.v convention is to draw delegates from 556 state lodges, representing more than 114,000 members. Reports to be made at the opening session tomorrow by Grand Master Rudolph H. Horst. South Bend, are to show, according to Rrand lodge officers, that the fraternal order has been restored to a sound financial position, having recovered from losses sustained during the last several years. „ r^fP° r^s also are to be made by William H. Swintz, grand secretary, and Frank E. Gavin, grand treasurer, both of Indianapolis. Past Masters to Attend Nineteen of the 21 living past grand masters are to attend. Indianapolis men included are Mr. Oavin, Mr. Swintz. Charles P. Benedict, Obie J. Smith and Frank G. Laird. Those from out-of-town are: Orlando W. Brownback, Pendleton; .James W. Dunbar, New Albany; Elmer F. Gay and Elba L. Branigan, Franklin; Martin A. Morrison. Washington, D. C.; Harry B. Tutthill, Michigan City; Thomas B. Bohon, Anderson: Richard H. Schweitzer, Knightstown; Albert 11. Funkhouser, Evansville; William C. Geake. Fort Wayne; Charles C. La Follette, Thorntown; Jere West, Denver, Colo.; Roscoe Kiper, Boonville, and Harry Yeo, Muncie. Mr. Morrison ts to speak at dinner tomorrow night. Wednesday
• SUMMER l!M:li'.'/l:14 At Your Vsyy4i WW CIRCLE STORE § Thermal sTI 79 JUGS I 1 Gallon Capacity Famous Sani-Sraled Aladdin Make. U* Phnna Fully Guaranteed. ~ 08 Calls or Aladdin Jars Fully Guaranteed Deliveries 25c CONGO HATS Cool and light , I9c Folding Porch Chairs, 89c to $1.391 Cemetery Vases 10c Picnic Baskets Me to $2.251 Camp Stools 25c PAPER GOODS—Napkins, Plates, Cups, j< e a _2^jg_£l^ths.jte.. in newest designs and patterns DC and IUC SEE OUR FINE LINE OF CROQUET SETS Loma works wonders MS y m You, 100, will he thrilled when , M BB BB BB m m you see how your lawn, flowers, !■ g\ SJ I I &■ vegetables, shrubs and trees re- %J| Mm IS m3 BB #\ spond when led LOMA. They show an almost immediate im- CVvo I TPI provement. Positive results with- ! *** in a week or 10 days. Though /% ■%>w■■ -s ■ M ~ LOMA works quickly it is not hA Pflf i J THH I Q limply a stimulant —but a bal- UflllULlt I UULv anced ration with sustained food value the elements of which See these marvelous Tools become progressively available that do away with Garden •s time passes. That’s one rea- Drudgery. Cultivators son loma is so efficient and i Weeders Turf Edger economical. Clean. Odorless. Hand Plows and others. Easy to handle. And available in convenient packages from 1 lb. ““ ° IOO lb bas ’' Old English “Grip” !• 5 U 2M Jt, Metal Cavnont 10 lb. bag 85 Übk I lb. can 45 I IE con 10 SBB a €mm *i_r ** Loma Tubs THE PERFECT PLANT FOOD the hett thing nn earth t for taunt and gardent BBBBBBMH Jill I TruG-Edg Lawn af /wv YflvL If Furniturt Mower Sharpener IW ] jfe 1 Pol,sh Sharpens all blades ■ |eß| I|j a fiup. Rriiabi* quickly in one operation insuring ■ y In *h. Bottle a keen, uniform lasting edge. Re- i MKyT h u ABB quires no experience. Easy to at- I tach—sharpens mower as it was M f* dulled—by pushing the machine. HHRH V Old English s. Wax ■79, Hero Are Your Neighborhood Circle Stores DOWNTOWN NORTH Glbbe A Grave. 4 S Senate Marßeth Hdwe. Cos. SCI N. Ala. St. __ __ Phoenix Hardware 131!) N. Capitol EAST *' D * r, ing Hdwr. ISM Central Mfk Kerv Cos. 3318 Collet* Irvlafton Hardwaro VW E. Wa.h. Modern Hardware Cs 3818 N. 111. St. Krif* Hardware !'• t inth St. K. Oder 4218 College AnbeAeld Hardware 22fl E. Mlrh. s‘fk Hardware Ce. Mat College Bettlg H dwe Ce. 8338 Station St. E. Geo. Rerktnrer sor.l Collet* Zeph’a 40th St. Hdwe. 594 Bool*. FI. SOUTH u/rer Gee. M. teherrer 1247 Madison Ava. WtO I Setttnger Broe. 2029 Madison Are. Grande Hdwe i.y*s Main Snrrdwav A Mr Ken?* Alex.nderHdw, til .V Vaii Jelftrbois 4 MfKentl# Cmrirh Hrfwt W. Mlchu Cirwi At*. Frank E. Srhrrrtr 2*19 W. Morris
HEADS CONVENTION
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Martin F. Carpenter. Indiana State Employment Service director, is president of the International Association of Public Employment Services, which is to convene here Wednesday for a three-day convention. An executive committee meeting Tuesday night is to precede the opening of the convention in the Claypool. Gov. McNutt and Mayor Kern are to welcome delegates.
morning representatives are to visit the Masonic Home at Franklin, leaving the Union Station at 8. Other lodge officers are Judge Thomas J. Wilson, Corydon; Judge D. Burns Douglass, Fort Wayne; Dr. Charles T. Baillie, South Bend; Ivory C. Tolle, Lebanon; James K. Correll, Bremen; John Hunter, Terre Haute; Claude M. Jacoby, Logansport, and Charles B. Lucas, Indianapolis.
haT^’s CIT TRICE DRUGS
FEDERAL MEN WARN AGAINST BOGUSMONEY Fake $5, $lO and S2O Bills in Circulation Here, Officers Report. Bogus $5, $lO and S2O bills are being passed in Indianapolis, United States Secret Service men said last night. Persons receiving money from strangers should inspect it closely,, particularly during the rest of the week when race visitors will be arriving, they warned. Counterfeit bills known to be in active circulation here bear these identifying check letter plate numbers, officers said: Five-dollar bills, K-43-327, United States note; Five-dollar bills. B-28-327, with a B in a circle to the left of the portrait; Ten-dollar bills, L-31-18, with a B in a circle to the left of the portrait; Marking Explained Ten-dollar bills, H-20-193, with a B in a circle; Ten-dollar bills, G-96-214, with a B in the same spot; Twenty-dollar bills, K-53-5, with a 4 in the circle to the left of the portrait; Twenty dollar bills K-50-5 with an
This is not a* Offering Prospectus. The offer of these Bonds is made only by means of the Offering Prospectus. This is published on behalf of only those of the undersigned who are registered dealers in securities in this State. This issue, though registered, is not approved or disapproved by the Securities and Exchange Commission, which does not pass on the merits of any registered securities. $55,000,000 Brooklyn Edison Company, Inc. Consolidating Mortgage Bonds, 3’A% Series of 1936 Dated, May 15.1936 Due May 15> lm Interest payable May 15 and November 15 in New York City CITY BANK FARMERS TRUST COMPANY , NEW YORK, Trustee Coupon Bonds in denomination offIJXX), registerable as to principal. Registered Bonds in denominations of fI,OOO, f5,000 and fIO,OOO. Coupon Bonds and registered Bonds and the several denominations interchangeable. S&ZrPi’Sl *s* ° P > tinn 30 days published notice, at the following prices with accrued interest: to and including May 15,1946, at 106%: thereafter to and including May 10, 1956, at 103%: thereafter to and including May 15, 1963, at 101%; and thereafter at 100%. Legal investment, in the opinion of counsel for the Underwriters, for Savings Banks in New York and Massachusetts. # m The following is merely a brief outline of certain information contained in the Offering Prospectus and is subject to the more detailed statements in the Offering Prospectus and the Registration Statement, which also include important information not outlined or indicated herein. The Offering Frospectus, which must be furnished to each purchaser, should be read prior to any purchase of these Bondsl THE COMPANY Brooklyn Edison Company, Inc., 99.6% of the outstanding stock of which is owned by n , p, . . , Consolidated Edison Company of New York, Inc., was incorporated in New York in 1890 as Kings County Electric Light and Power Company. The Company is engaged in the generation, purchase, distribution and sale of alternating and direct current electricity to consumers in the Borough of Brooklyn, City and State nf Sew fork. The Company aUo supplies electricity to certain affiliated electric companies of the Consolidated Edison Company of A ew York System. The Company s properties include three generating stations (two held in reserve), fifteen substatwns, a transmission and distribution system and office and service buildings. CAPITALIZATION „ Outstanding as of Edison Electric Illuminating Company of Brooklyn f Deoembor 3i, loss First Consolidated Four Per Cent. Gold Bonds (due January 1, 1939):'.-. $ 4,240,000* Kings County Electric Light and Power Company Five Per Cent. 40-Year Gold Mortgage Bonds (due October 1, 1937) 2.434 000 Purchase Money Six Per Cent. 99 Y'ears Gold Bonds (due October 1, 1997) 5,123,000 Brooklyn Edison Company, Inc. General Mortgage Gold Bonds Series A. 5%, due January 1, 1949 sn ni9 non Series E, 5%, due January 1, 1952...: t 24£68,000 Common Stock —sloo par value per share 124,903 900 into the Company January t 7, 1919. *Guaranteed but not expressly assumed. ri-RPOSR The proceeds from the sale of the $55,000,000 Bonds to the Underwriters will aggregate $54 725 000 OF ISSUE exclusive of accrued interest, and will be applied to the redemption on July 1, 1936 of all the . out * tand \ n 9 General Mortgage Gold Bonds, i.e. $30,039,000 Series A at 105% and $24£68,000 Series K at 104%, phis accrued interest in each case. The balance required for such redemptions plus the Company’s estimated expenses in connection with, the sale of the Bonds, together aggregating $3,404,670 (exclusive of accrued interest on the bonds to be redeemed), will be obtained from the Company’s current cash. EARNINGS The Profit and Loss Statements of the Company in the Offering Prospectus, subject to the related notes and other important relevant information therein, are summarized as follows: v , . _ , , „ Gras* Total Deduction* Tear ended Total Operating Corporal from Grot* Net December it Revenues Income Corporate Income Income 1999 $45,756 £99.83 $15,744£13.28 $3,613,293.76 $T2,131,219£2 46 £21;799.00 14,010,514.55 3,668,585.79 10 £4l £28.76 Available for fixed charge* after provision for Federal income taxes and retirement expense. m H erer S n T Ce i *Jl ia t de t 0 frospectus for details of the above figures and for a summary of unaudited Profit and Loss Statements for the three months and twelve months’ periods ended March 31, 1936 which show reductions in Gross and A et Corporate Income from figures reported for corresponding periods of the previous year. BONOS OF the The Bonds will he issued under the Company’s Consolidating Mortgage to be dated May 15, 3\\% SERIES OF 193* 1936 and will, in the opinion of counsel, be secured by a direct lien upon substantially . j u * real P r °Perty (including generating stations), transmission and distribution sys terns no wow ned by the Company, subject to the liens so far as they attach of mortgages securing outstanding bonds of $11, 1 97,000, and to certain further exceptions described in the Offering Prospectus. The Mortgage contain* provision for the issuance under certain restrictions and (except for an additional $10,000,060 of bonds) only for specified purposes, of additional bonds, of this or other series, all of which as to lien would rank pari passu with these Bonds. The Mortgage permits the Company, in certain instances, to dispose of property covered by the Mortgage without notice other than application to the Trustee, and also provides, in other instances, for release of property by the Trustee without notice to Bondholders. The provisions of the Mortgage may be modified (subject to certain limitations set forth in the Offering Prospectus) by vote of holders of 66%% of the outstanding Bonds. 8 underwriting Subject to certain terms and conditions, the Underwrites named in the Offering Prospectus . . . nQve severally agreed to purchase these Bonds from the Company at 99%%, or a total of $54,725,000 Such. Bonds are to be offered to the public at or a total of $55£25,060, plus accrued interest. The underwriting discounts are 2%, or a total of SI£OOJKO. Price IOV/2% and Accrued Interest The Underwriters have agreed to purchase these Bonds when, as and, if issued, and subject to the approval of Messrs. Davis Polk Wardwtll Gardiner $T Reed, counsel for the Underwriters, and to certain further conditions. The validity of the franchises and titles of the Company and its subsidiary, and certain other matters, have been passed upon by counsel for the Company. It is expected that delivery of Bonds in temporary form, exchangeable for definitive Bonds when prepared, will be made at the office ofJ.P. Morgan 4- Cos. on or about May 29,1936, against payment therefor in New York funds. As more fully set forth in the Offering Prospectus, the Underwriters have authorized the purchase and sale, in the open market or otherwise, of Bonds for their several accounts, either for long or short account within the limits and during the period set forth in the Agreement between themselves. Further information, in particular financial statements, is contained in the Registration Statement on file with the Commission, and in the Offering Prospectus which must b*i furnished to each purchaser and is obtainable only from such of the undersigned as are registered dealers in securities in this State. MORGAN STANLEY & CO. Incorporated KUHN, LOEB & CO. BLYTH & CO., Inc. BROWS BAR RIM AN & CO. LAZARD FRERES & COMPANY r * Incorporated THE FIRST BOSTON CORPORATION EDWARD B . SMITH & CO., Inc. BONBRIGHT & COMPANY LEHMAN BROTHERS CLARK, DODGE & CO. Dated May 25, 1936.
THE INDIANAPOLIS TIMES
11 in a circle to the left of the portrait. Check letters and face numbers are in small type in the lower righthand comer on both face and back of each bill. Letters and numbers In circles are identification markings of Federal Reserve Banks. No Silk Fiber All the counterfeits are printed on paper without silk fiber, officers said, and are made from photomechanical or etched plates which lack the distinctness of the steel engraved plates from which genuine money is printed. Any information concerning counterfeit money should be given to the Secret Service office, Room 202 Federal Building, telephone Lincoln 6182.. HENRY G. 0. P. BACKS EVANS FOR GOVERNOR More Than 2000 Workers Attend Farty Rally. Time* Eprrial NEWCASTLE, Ind., May 25. Henry County Republicans today had stamped “favorite son” under the name of State Rep. H. H. Evans, candidate for the gubernatorial nomination. At a barbecue rally in Memorial Park yesterday, more than 2000 party workers, including a large number of delegates to the coming state convention, paid tribute to the House minority leader. Speakers included Mr. Evans, Clarence Brown, Richmond, Tenth District congressional nominee, and State Senator Lee Hartzell, Foit Wayne.
CLUB SPEAKER SEES BRIGHT TRADEFUTURE Building New Residences Cited by Chairman of Real Estate Week. Continued improvement in business conditions throughout the country and the world is the prospect before business men today, Norman Metzger, civic affairs committee chairman, Indianapolis Real Estate Board and Indianapolis Real Estate Week program chairman, told Service Club members today. Mr. Metzger explained the significance of Real Estate Week. He said: “We are utilizing this occasion to bring to the fore those civic aspects which constitute a constructive and comprehensive program of expansion and development, which will insure future growth, stability and prosperity of the city. “The growth of our city means the development of its real estate.
WE BUY DIAMONDS _ 113 W. n'Bahlncton
It means a growing demand of the expansion of our real estate facilities, commercial, residential and industrial. This will further stabilize real estate values and progressively add increased values to local real estate investments.” He said that the housing shortage facing Indianapolis today, which has been due to deferred building activity, has brought increased rents and made it necessary for many people to buy their own homes, and at the same time it has stimulated the building of new homes and increased employment in the construction industry. “Economic trends bespeak confidence in Indianapolis and its real estate and its desirability for substantial investment. Now is the time to give serious consideration to the future of Indianapolis and its real estate.” lOTA NU MEETING SET National Convention Is to Open Here June 28. The national convention of the lota Nu Fraternity is to be held June 28 and 29 in the Lincoln, according to Herbert Larman, chairman of the Epsilon, Indianapolis chapter. The Sunday session is to include a dinner and dance in the hotel and convention business sessions are to be held Monday, June 29.
SUFFER TO BE HOD AT CROOKED CREEK Past, Present Graduating Classes to Be Feted. A basket supper is to be held at 6 Thursday night at the Crooked Creek school, Michigan-rd near Kessler-blvd, in honor of past and present graduating classes. Four former pupils who attended classes in the frame school building, erected in 1861 on the site of the present building, are expected to attend. They are Mrs. Elizabeth Fox. Charles S. Hessong, Mrs. lantha Bridgford and Elmer Trester. The first school was a one-room log cabin built near the Crooked Creek Church in 1849. The land was donated by David Hessong. father of Charles S. Hessong. Rainey Fox, who is to ehroll this fall, will be the only fourth generation pupils to attend the school.l
ANNOUNCING HOUSEHOLD FINANCE HONOR LOANS On Just Your PLAIN NOTE and Nothing Else AT NEW LOW COST ONLY THE BORROWER SIGNS No co-makers or endorsers Our 58 years experience in family financing has proved to us that most people are honest and that they promptly meet their money obligations. Therefore, all loans made by Household in this city are now on the new Honor Loan Plan—a financial * service reduced to its simplest terms money made available lor youz needs on merely a gentleman's agreemen t to repay ! This new service should meet with instant favor because of its simplicity, and speed. Both single people and married couples who can make regular monthly payments are eligible for Honor Loans. To obtain an Honor Loan you sign a simple note, exactly such a note as you would want to give a personal friend for a cash loan. You need no security 2* an y k* n( L You need not "put up” stocks, bonds, real estate, your car, your furniture or your salary to get an Honor Loan. NEW REDUCED COST ON ALL LOANS Only at Household Finance can you secure an Honor Loan. And the cost is even less than formerly charged on loans with or without security. You may repay in convenient monthly installments —take up to 20 months, if needed. You can repay sooner and reduce the cost. HOW TO APPLY FOR A LOAN: Just phone, write or call at the office for a confidential interview. No obligation. Private Offices—Quick Service HOUSEHOLD FINANCE CORPORATION 509 Merchants Bank Building, Fifth Floor, Indianapolis Corner Washington ts Meridian Telephone: Riley 2579 Loans Made in Marion County LOCALLY MANAGED OFFICES IN PRINCIPAL CITIES Household Finance spemson EDGAR A. GUEST m "Welcome FetUr" end SHERLOCK HOLMES with Richard Gordon. Ceorrleb* 19JA Hooaehold Tlfiin Carp.
MAY 23, 193 G
Mrs. Elizabeth Fox Is his great grandmother. Present enrollment of the school is 253. Club Arranges Dance June 5 The McKinney-for-Govemor Club is to sponsor a dance in honor of E. Kirk McKinney, candidate for the Democratic nomination, at the Indianapolis Athletic Club June 5. Richard F. Korbly and Mary Louise Walpole are co-chairmen. Mr. and Mrs. McKinney will lead the grand march at 11.
Permanents elude • Haircut g finger W ivt 3 "k* OjC ' f"r V Mae Murrav or Snirlev i Temple complete SI.OO v Genuine Oil Permanents. $1.50. $2 $1 $5. Bring a friend, $3 value. 2 for $3 0U No Appointment Necessary IVteHFI
