Indianapolis Times, Indianapolis, Marion County, 4 June 1936 — Page 9

TA | Al REAL ESTATE, BANKERS TOLD

. Arthur V. Brown Sees U. S. Loans as Big Help to Recovery.

The Federal Housing Act will bring real estate back to normal levels just as similar legislation did

for the farmers, Arthur V. Brown, President of the Indiana National Bank and the Union Trust Co., told & group of about 50 bankers. At the first of a series of meetings yesterday in the offices of the Pederal Housing Administration at the invitation of R. Earl Peters, state director of the FHA, the bankers had as their objective closer coOperation between the Underwriting Department of the FHA and lending agencies throughout the state,

. © "The great problem now with real estate is to obtain loans to build, and to take care of mortgages in larger amounts than state banks could make under the state law which permitted only a 50 per cent loan,” Mr, Brown said. * “We can not lend over that amount except under the FHA plan. There is but one thing to bring real g¢state back and that is by making Federal Housing loans and then to bring into effect some law by which Wwe would pay less real estate taxes. “National legislation has been a tremendous aid to the farmers. Joint Stock Land Bank bonds are selling above par because of the prosperity of the farmer and this plan of the Federal Housing Administration Act will bring real estate back just as similar legisla- ~ tion did for the farmers,” Mr. Brown said. Mr. Peters pointed out that Indiana is swamped with available mortgage funds and he further pointed out that 5 per cent interest on Federal Housing loans is only the maximum set by the Federal government and that, in some instances, lending agencies were reducing this interest rate to meet competition.

LEADER STOR

S--Mrs.. Mahala D. Widower,

ANDREW! Survivors: Garner: A Mis (de Ruply and Mrs, Florence on A-—Ha MecGibbons, 82." Survivor: Daughter. Mrs. William Hartley. broth-

BREMEN—George farmer. Survivors: Widow,

John and “Savin: Mrs. Mahlon and Miss Watkins; foster sons, Peter Base and Pale

Miller. BRISTOL—The Rev. Howard E. Wright, 68. Burvivors: Widow; da hn Prances Kresge and Mrs. Margaret Smith; son, Paul; sister. KS MWILL—Mrs. Nins Murphy Clark. Survivors: Widower, Dr. Clark; son James M Murphy; ‘two hiseta.

CLAY CITY. Survivors: Son, A red Gweneviere on, Do “i brothers, John. Fred and Troy Ray.

CORY-—Howard West, 51. Survivors: Widow, Malvie; ydsugnters, Misses Ruth an semary s Mrs, Lawrence West; brother. Orville West. COVINGTON-Mrs. Debie Ann Willlams 93. Burviver: Daughter, Mrs, Samuel

Kendri CYNTHIANA—Angus A. Rutter, 55. Survivors: Widow, Elizabeth; sons, Raymond and Avery; daughter, Miss Hazel nets father utter; brothers, John

and T. 2 Rutter; sister. Mrs. Pearl hd

EAST CHICAGO—Steve Black, 66, Survivors: Widow; sons, Andrew, ‘Steve and Alex; daughters, Mrs. Frank Hamilton, Mrs. John Varga, Mrs. Alex Gall and Mrs.

Peter A Walter t Filipowski, 44. Survivors Widow, Mary; sons, Adam, Anthony and Joseph; daughters, Mrs. Jean Pendowski, Misses

Clementine, Rose and Mary Filipowski.

EGE—Prank Stefanski, 89. Survivors: Sons, John and Joseph: daughters, Mrs, Frank Johnson, Mrs. John Rody, Mrs. Anna Johnson, Mrs. Ida Johnson and Sis-

ter Laurentine; brother, Levi Stefanski. EMPORIA—Mrs. Rosetta Eckhardt, 79. Survivors: Sons, Andrew and Renney Eckhardt. EVANSVILLE—Mrs. Theresa Elsasser, 67. Survivors: Widower, Henry; sons, Curtis, Lambert, Nilus and Melvin; Mrs. Bernard Mason, Mrs, Dorothy orter and Sister Marzaret Eloise Charles A. O'Hara, 70. Widow, Mary; eight nieces nephews, FORT WAYNE—Daniel Krapf, 76. Survivors: Son, George; daughters, Miss Edith Krapf and Mrs. Bertha Ridley; sisters, Mrs. Mary Dreyer.

Survivors: and seven

GALVESTON—George L. Thompson, 61. Survivors: Widow; sons, Francis and Darrell; daughter, Mrs. Harley Wilson; two sisters and four brothers.

GIRO-—Mrs. Mary Alice Miller, 57. Survivors; Son, Floyd; daughters, Mrs. Mabel Daffron, Mrs. Dollie Burton and Mrs. Olive Dillon.

GRAMMER—Henry J. Lawrence, 91. Survivors: Son, Walter; daughter, Mrs, Norman Platt. GREENCASTLE—Mrs. Marie Catherine Eiteljorge, 48. Survivors: Widower, William; sons, John and William; daughter, Miss Helen Piteljorge; sister, Mrs. Rex Crask; brother, Frank Cutler. GREENFIELD—Isaac E. Brokaw, 175. Survivors: Widow, Effie; daughter, Miss Madge Brokaw HAMMOND — Mrs. Magdalene Mary Treadway, 37. Survivors: Father, John Alexander, six children, . brother and three sisters. IRELAND—James B yers, vivors: Widow, Eilzabeth; hes, Miss Madalene Meyers. JEFFERSONVILLE — Mrs.

Magdalene Zoeller, 67. Survivors:

Widow, George;

Moore $ Taro sons. Wilnas Se 2 tenis Foley, | Helen Hoifed

William ids a 59, | survi

s. | ters, Mrs.

dau hters.-

John, Chester and Charles: Freda Monroe and Miss

KEWANN B. Spurlock, 92. Survivors: ANNA John and Walter: i ters, Mrs. A. M. Smith snd Mrs. T. W. rsh.

lotte Miller, 53. XUROMO,_ Mrs. Char! ie and Norman; daughters. Mrs. Stan-

Helen, ariotte and Cagle 1 Miller; sisters, Mrs. Jake Howard and _Mzs Mrs. Smelser, Survivors: ity i Sur Ei ee Smelser: sisters. Mrs. Emma Martin Mrs. Martha Peterson; brother, John on.

R. Martin, 65.

LEWISVILLE—Luther Survivors: Widow, Birdie: son, ne; Mrs. Marion Me-

brother, on; s Bride

LIGONIER—Ruben W. Deeter, 30. Survivors: Widow and two Brodides.

LINTON—Miss Susan Sheppard, 78. Survivors: Brother, BIS ter, nn Bennett. Te irs. Nora Bakar, 71. Survivors: Widower, Charles John, Carl, Paul and Harold: Qaughects, Mrs, Anna Simons, Mrs. Clara Prestell, Mrs.

Amelia Green, Mrs. Leona Mitchell and Mrs. Marie Higgins; sister, Mrs. William

Knight MARION—MTrs. Cynthis Ann Burman, 84. Survivors: Daugh Mrs. Lah Adams; granddaughters. Lh Orla Westfall and s. Olo Skiver; grandsons, C. J. Beck, Walter, Leslie and ank Burman. Mrs. Charline Scratton, 21. Survivors: Widower, Darl: parents, Mr. and Mrs. John Little; brothers, Donald, Clifford and Sidney Little; sister, Miss Agnes Little. william Moyer, . Survivors: Son, James; daughters, Mrs. Walter Pavey, Mrs. Grace Carton and Mrs. Florence Moss; Jisters, Mrs. Lucy Sheetz and Miss Ida oyer

and | Mrs.

MARKLEVILLE—Hsarvey C. Robinson, 82. idow, Sadie: Tdaughters Mrs. Francho Mundell, Mrs. Dorotha rley and Mrs. Cynthia Templeton. MUNCIE—Frank Allen, 52. Survivors: Brothers, Harley and William; sisters, Mrs. Omer Beath and Mrs. Julia Cain. Miss Justine Shgman, Survivor: Cousin, George N. NEW aR dohert B. Jones, 80. Survivors: Daughter, Mrs. Herbert McFall: brother, Arthur; sister, Miss Gertrude nes.

Jo James B, Weaver, 70. Survivors: Widow, Anna; son, Albert; brother, David; sister. Mrs. Rosa Sharp. Mrs. Catherine Fallon, 78. Survivors: Sons, Joseph and Lawrence; daughter, Miss Nancy M. Fallon; sisters, Mrs. Hannah Lammon and Mrs. Julia Hess. NEW ALBANY—Mrs Anna L Bennett, 81. Sufvivors: Dau uses, M} Mis. Ibert S. Jones aPail hm, 52. Be aEvivors: Widow, Albert; brothers, James and Mathew; sisters, Mrs. Elva Oster, Mrs, Nettie Ress and Mrs. Elizabeth Hermann.

NEW CARLISLE—Mrs. Mary T. White 69. Survivors: Sons, Clarence M. and Lawrence C. White; brothers, George and Amos Thompson PAXTON—Mrs, Clarinda Griffin. vivors: Brother: 8. L. Woodward; half sisters, Mrs. Ed Wolfe and Mrs. Ella Anderson, RICHMOND—Mrs. Louisa Kathryn fusiermann, 47; Survivors: Widower, William: sons, Myron, Willard and Everett: daughters, Misses "Alice, Clara and Joan Austermann; parents, Mr. and Mrs. John Yogsigesans, rothers, Edward, John, Lee, Howard, Henr and au Vogelgesang: sisters, Mrs. award Steins, Misses Elizabeth and Loretta Vogelgesang. ROCKPORT—Thomas Bowers, 69. Sur vivors: Widow, Alice; son, rank; da ade

Guy and

Sur-

ter, Miss Stella Bowen; "brothers, Harry

Washington St. At A

Mrs. Dorothy Warlow; Wilson and Mrs. Maude rg a and Henry Hem-

TYPOGRAPHICAL HEAD’S

RE-ELECTION ASSURED

| President Charles P. Howard Leads

by 7644-Vote Margin. Charles P. Howard, Indianapolis, clinched re-election to the presidency of the International Typographical Unien today as unofficial returns from 630 of the 700 locals gave him a majority of 7644 over his opponent, Hugh B. McGann, Houston, Tex. The vote was 28,150 to

20,506. Substantial majorities were polled by other members on the administration ticket with Howard. They were first vice president, Claude M. Baker, San Francisco; second vice president, Francis G. Barrett, New York, and secretary-treasurer, Woodruff Randolph, Chicago.

STAMP CLUB TO ELECT

Collection of 1300 Card Designs Is to Be Displayed.

The Indiana Stamp Club is to elect officers at the regular meeting Friday night in the Hotel Lockerbie. Following the election, Virginia Van Geyt is to display her collection of playing cards, which includes 1300 different designs.

FOUNTAIN PENS REPAIRED The PEN HOSPITAL

141 E. WASH., RI. 1888

he angen’ Sine &

Clarice Reimer (left) and Geraldine Gilliatt were two of seven Manual ‘Training High School graduates to receive John Hampden Holliday Jr. Foundation Scholarships at graduation exercises in Cadle

Tabernacle. Other recipients were Angelo Angelopolous, Robert Hall, Robert Specker, Ellen Caplin and Robert Mathews.

TO JOURNALISM HEAD |’

Prof. J. Douglas Perry to Study for ‘Doctor’s Degree.

A years leave of absence has been granted J. Douglas Perry, head of Butler University's journalism . department, President James W. Putnam announced today. Prof, Perry is to enroll in the University of Pennsylvania next September to begin work on his docdegree. While in

TCI

Saturday and Sunday, June 6-3

$4.50 ST. LOUIS : Leave Indianapolis 11 m. Saturd 2:25 a. m. or 8:08 a m m. sunday’

$2.75 "EFFINGHAM

Leave 2:25 a. m. or 8:08 a. m. Sunday

$1.75 TERRE HAUTE Leave 8:08 a. m. Sunday

Saturday Nights, June 6 {0 27, Inel.

$5.50 PITTSBURGH Leave 8:30 p. m, or 11 rw Saturday

$3.75 COLUMBUS $2.25 DAYTON! $1.50 oii gh Seen day

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Sunday Mornings, June 7 te 28, Inel.

$2.50 LOUISVILLE Leave 4:20 a. m. or 8:20 a

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Coach Service Onl

Phone Riley 9331,

EASA

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