Indianapolis Times, Indianapolis, Marion County, 18 February 1938 — Page 3
\
PACT TALKED,
ETHOPIA 0.K
~ HINT SCHUSCHNIGG 10 QUIT]
Grand Telis. Eden Pirie
epends on Recognition, London Hears.
= (Continued from Page One)
MAY BE PRICE;
Dollfuss Plot ‘Leaders Are Freed From Prisons In Austria.
(Continued from Page One)
of Commens eg he was unable to further - information on th Rietrinn situation. $ I have at present no information to add to that I.gave the House yesterday regarding the question of mr | Capt. Eden said. “The will be aware of the interest His Majesty's Government have always taken and will continue to take in the Austrian question not only on its own account but in relation to Central Europe as a whole. “They are therefore watching the sit ation closely.” apt. Eden had hoped to see Dr. Ernst - Woermann, German charge d’affaires; this morning and obtain information on the basis of which he could make 3a statement. He hoped to be in a position to make | a fuller statement Monday.
Ignor Questions
. In Parliament, Philip Noel-Baker, | Labor, asked assurances that there | should be no sacrifice of principles |
or shirking of responsibilities to obtain results “which may not be | permanent.” “The responsibilities are not exclusively our own,” said Capt. Eden.
* He ignored the fact that Mr. Noel-
Baker's question embraced exactly the words Capt. Eden had used in a Speech at Birmingham Feb. 12. William Gallacher, the lone
Communist, ended the questioning |: _ by asking:
{In view of the fact that Austrian Independence has now been disposed of by Germany is it not necessary that something very urgent should be done?” ’ There was no answer. Mystery regarding the inquiries to be made by the British Government in Berlin on the Austrian situation was dissipated today when an au-
oritative source revealed -that Sir |
Neville Henderson, Ambassador at Berlin, visited the German Foreign ce yesterday. Mr. Henderson de the inquiries, as part of which he reminded the German Governnt of Britain's interest in Austria’s independence.
itler voids Mention
f Austrian Crisis
BERLIN, ¢Feb. 18 (U. P).— ehrer Adolf Hitler made a speech today, his first since his historic nference with Chancellor Kurt Schuschnigg of Austria, without rowing light on the present situation between Austria and Gerany. Hitler spoke at the automobile how opening and devoted himself to economic matters. | Germany, he said, was entering a new period of her economic development. During the first period of Nazi economic policy, he said, the main problem had been to provide work for idle hands, while from now on the main problem would be to find workers to do the neeessary work.
slower because numerous documents must be sent there from Vienna and elsewhere. The first prisoners from the country’s largest prison—Stein—arrived today without incident. They included men who plotted against the life of Chancellor Engelbert Dollfuss in 1934 and others serving long terms for bombing and other outrages. Dr. Anton Rintelen, | 62, Austrian Minister to time /of the Dollfuss assassination
who was
land-was supposed to have become Chancellor if the Nazi putsch succeeded, was released at noon and ‘went to the home of his daughter. He has been long ill and expressed ‘the fear at the hospital yesterday ‘that he had not long to live. A dispatch from Graz showed the
‘confusion that had existed in the
Iprovinces for the last few days. “The spirits of the people have changed kaleidoscopically since Sunday,” it was reported. “Sun‘day members of the Fatherland Front were jubilant and Nazis were
reversed, and feelings have changed ‘almost hourly since. | Monarchists ‘are furious and say that Chancellor Schuschnigg betrayed: them. Un‘rest is increasing among miners and steel and other werkers.” Tension Lessened There were strong indications
that the Nazis—and the German
'Nazis—had won all immediate ‘points in their program. There was noticeable lessening of tension.
As one observer put it, Austrians
felt today like a patient who had undergone an operation which gave ‘him a new lease of life, though it somewhat restricted the use of his limbs.
French May Call
Three Envoys Home PARIS, Feb. 18 (U. P.). — The newspaper Midi reported today that the French nbassadors at Berlin and Londor and the French Min-
istry at Vienna were, likely to be summoned immediately to Paris for “important deliberations” regarding Austria. Asserting that France and Great Britain were in constant diplomatic contact, the / newspaper continued: “Britain appears ready ta follow French suggestions. | The| ParisLondon axis is ready to function.”
Vatican Protests =
To Jugoslavia
VATICAN CITY, Feb. 18 (U.P). —The Holy See made a “formal protest” to Jugoslavia on Feb. 15 against the Government's failure to have ‘the Senate ratify the toncordat between Jugoslavia and the Vatican, the official -Osservotore
~
Romano will say in an editbrial tonight.
IN INDIANAPOLIS
Here Is the Traffic Record
County Deaths (To Date)
City Deaths (To Date)
(Feb. 16)
Accidents .. Injured Dead .....
Reckless Driving 1
Running Preferential Street 9
Running Red Light 2 Drunken Driving, 1 Others
MEETINGS: TODAY
Exchange aS; luncheon, Hotel Wash- * ington, noo Optimist Ciub, luncheon, Columbia Club,
oon. Reserve Oficers Board of Trade, noon. 8 Phi Delta Theta, luncheon, Canary Cotage, no cS Delta “Tan Delta, luncheon, g Columbia noo noo Theta Pi, luncheon, Town Tavern,
Brent District Federation of Clubs, meeting, Claypool Hotel, m. oosier ED CPAYOrS iti. Claypool Hotel. afternoon and ni an lemnen Club, luncheon, Hote n, n Kapna Sigma, luncheon, Hotel Washing-
noo Ho. ig State Press Assiejation, vention, Spink Arms Hotel, all
pifananolis Camera Club, meeting. 110 E. oth St.,
Association, luncheon,
meeting, ht. ® con-
"MEETINGS TOMORROW
Alliance Hotel Washington Hoosier State e Press Association, convention. Spink Ar otel. Indiana School Bus Drivers” Association. state convention, Claypoo all day. Indiana Xownshity Trt Trustees Association. meeting. as oy pool otel, 10 Indiana Democratic Editorial | “Association, dinner, Claypool Hotel, night.
MARRI/ GE LICENSES (These lists are from official records .in the County Court House. The Times, therefore, is not responsible for errors in names or addresses.)
Fraeaise, luncheon,
Norman D. Warren, 25, of 310 W. 43d Frafices Draper Wysong, 24, of 1334
Reiner 8: 0. Johnson, 31, of 412 Ruskin Plage & Helen ® . Snyder, 23, of 1232 W.
a Allen Minnick, 33, of 101 N. New my Bt: .; Esther Green, 23, of Puritan
Ross, 21, of 1643 S. "Jennie James, 19, of 1123
of Roosevelt Hotel; Fon be ps 26, of 3745 ve. Neos Janis f 520% S
noes st Netie & Se 43, of "520%
Frank BD arelsen. 44, of New York City: 5 pias dechocien 34. of 1108 "College —
BIRTHS ) Boys Walker, at St. Vincent's. Silas, Mary Fropon
Wi Eva Moody, at St: Clay | ‘Martha Stewart, at St. Prancis. gy ‘Rubins, at Coleman.
William Meridian sty 3 . Meridian
Wash- |
Charles, Hoke Williams, at Coleman. Hadley, rothy Hannah, at City. oten DR Hostetler, at 3433
rd. Vincent, Pauline Radcliffe, at 2136 North
Earl, Julia Hopson, at 2413 Yandes. Craydon, Mary Rynard, at 911 E. 22d. Robert, Laura Anderson, at 1215 S. Da-
kota jt Stephen, Myla Fosnot, at 431 N. Key-
Girls Truitt, Vanna Brown. at Me thodist. Alton. Roxanna Blanner, at Diethodist. William, Nancy Phillip, at Methodis Richard, Mary Harris. at 2632 oniish. Alfred, Ida Boat, at 323 t hy lliam, LaRue Walman, "at| 3433 Or-
ard. aul, Lucille Benedict. at 241 N. Gray. Ralph, Cora Harding. at 23672 Minerva.
DEATHS
Nellie Irene Xiiiiaker, 42, at 1637 Deloss, Shieh Dise Harry Andrew.MeCoy, 72, at City, cerebral hemorrhage. Hen Stair, 63, at Central Indiana, SE Goodman, 58, at St. Vincent's coro-
nary occlusion Harry Ni ROM. 53. at Long, liver abscess. 3 W. Vermont,
Meare in Whitney, 65. at urem William B. Craig, 69, at St. Vincent's, gangren sco Ruggieri, 64. at Central Indiana, broncho-pneumonia. Mathew J. Sculey, 71, at St. Vincent's, lobar Dheimon Martin Weaver, 72, at 1115 St. Paul, sarcoma John O'Mara, 81, at Methodist, chronic nephritis Annie May Franklin, 19, at City, pulmonary tuberculosis. Alonzo Hancock, 42, at 411 N. Rural, myocarditis. Minnie Noble, 76, at 146 E. 19th, cerebral hemorrhage.
OFFICIAL WEATHER
«seme United States Weather Bureau.
INDIANAPOLIS FORECAST — Rain or "snow probable tonight and temorrow; much colder; lowest tonight 25 to 30.
Sunrise ...... 6:34 | Sunset ....... 5:24
TEMPERATURE —Feb. 18, 1937—
N
Precipitation 24 hrs. ending 7 Sosl or precipitaiion : an.
MIDWEST WEATHER Indiana—Snow probable north: rain changing to snow south probable tonight and tomorrow; much colder. * Hlinois—Cloudy, snow probable east and south portions tonight and tomorrow except mostly rain extreme south: much colder tonight. colder tomorrow except extreme nort Lower mkt tonight and tomorrow, snow probable except rain changing to snow extreme southeast; colder, much colder tomorrow. Kentucky—Rain tonight and tomorrow; colder tomorrow and in central portions tonight. Ohio—Rain east and south and rain or snow in northwest portion tonight and tono” colder tomorrow in. west and
WEATHER IN OTHER CITIES AT 7 A. M.
Weather. Bar. Telnp. n 30.16 16
me at the’
depressed. Monday this feeling was
In Limelight
Reginald H. Sullivan -
John P. Ellerbush » 2
WARD CHAIRMEN BACK SULLIVAN
Bossert in Senatorial Race; McClelland, Bosson Seek Offices.
(Continued from Page One)
leaders that he become a candidate for Mayor, Mr. Sullivan has declined to say whether he will run. William E. Clauer, Marion County Democratic chairman, said a petition, which was signed by ward chairmen yesterday, will be circulated in every. precinct in an effort to get 100,000 names to bring Mr. Sullivan out of retirement.
Bossert Studies Platform
Mr. Bossert in his announcement said he would declare his platform and position later. Mr. Bossert was Republican chairman of the old Sixth District and is treasurer of Duplex Steel Reinforcement Co.. He was a leader in the Ku-Klux Klan during * tire latter years of that movement, Mr. Ellerbush. who has served as deputy under State Auditor Laurence F. Sullivan, said if nominated
"| and elected he would strive to con-
tinue the present high plane of efficient administration. He is a native of Princeton but now lives at 3330 N. Meridian St. with his daughter. Mr. McClelland, who "1s established a free transportation system for high school students in Wayne Township, said he will seek re-election on his record. "Mr. Bosson, said he advocates rigid supervision of health, teaching and transportation in the schools, and believes relief cases should .be cared for promptly after proper investigation.
Schlosser States Stand
Chalmer Schlosser, Democratic candidate for nomination to judge of Superior Court 3 today, in announcing his platform declared against favoritism’ in the naming of receivers for crippled or defunct businesses and asserted if nominated and elected to the bench, ‘receivers and their attorneys would be allowed fees according to service rendered.” Mr. Schlosser said he would hear marital cases with patience and understanding, having uppermost in mind the interest of children, the “real casualties of such cases.”
SPENCER NAMES AID FOR DIVORCE CASES
Edwin H. Smith, 5401 Washington Blvd., today had been appointed deputy prosecutor for divorce cases in Superior Court 4. He was named yesterday by Prosecutor Herbert M. Spencer to succeed Humphrey C,
-| Harrington, who resigned recently.
INPNUTT IS DUE IN CITY TONIGHT: PRESS TALK SET|
Expect 2300 at at Banouet Tomorrow; Ex-Governor 0. K.s Navy Plans.
(Continued from Page One) -
duties prevented his leaving Washington. Governor Townsend has indicated the State Administration would oppose Mr. VanNuys’ renomination on the Democratic ticket. The Senator this .week issued a campaign letter asking support for e-election. { Commissioner McNutt, accompanied by Wayne Coy, his administrative assistant, is to arrive in Chicago at 7:50 o'clock tonight. The Indiana party meeting him there is to include Frank McHale, new Democratic National Committeeman who is shaping the former Governor's political strategy; Bowman Elder, another close adviser; Virgil M. Simmons, State Conservation Department director; William Clauer, Marion County Democratic chairman; Frank McKinney, Marion County Treasurer, and John W, Wheeler, former State Highway Commission member.
by train at 12:30 a. m. tomorrow. Commissioner McNutt is to hold a press conference at 10:30 a. m. at
| the Indianapolis Athletic Club.
At 2 p. m. he is to be the guest of Mrs. Townsend at a tea and reception at the Governor’s mansion for Democratic women. - After the reception he will confer with advisers. Alex Pursley,” Hartford City, adviser to Governor Townsend, is to present the Governor at the banquet' and Mr. Townsend jn turn is to introduce Commissioner McNutt. Other speakers are to include Senator Minton, Mr: Coy, and Rep. Arthur H. Greenwood, Washington, as spokesman for the Indiana delegation in Congress. Capital Hoosiers to Attend Other Hoosiers coming from Washington for the affair include Reps. Virginia Jenckes, Louis Ludlow, James I. Farley and Eugene Crowe and Pleas E. Greenlee, Federal Coal, Commission member, Guests are to include Mr. and Mrs. John C. McNutt, Martinsville, the former Governor's parents, and Governor Townsend's mother from Hartford City. Mr. McNutt’s address is scheduled to be broadcast at 9 p. m. At that time WIRE usually broadcasts basketball games from the Southport High School gymnasium. Because of the.address the main game there tomorrow night between Southport and Ft. Wayne Garfield will be delayed until he concludes, so that basketball fans can hear it by radio at the gymnasium. Decorators preparing the malin banquet hall at the Claypool Hotel today were hanging oil paintings of Mr. McNutt and Mr. Townsend. They are the work of Cornelius Christiaan Zwam, Amsterdam, Holland, artist. Mr. Smith said that 635 persons will be seated in the Riley Room where the speakers’ table will be located, while others will be seated on the mezzanine .and in the Chateaux Room. The reception and dancing are to continue until 1:30 a. m. The former Governor will find that the Paul V. McNutt For President Club, Inc., already has opened headquarters at.Room 329, Claypool. ‘The Indianapolis club is headed by James E. Perry, insurance man. Mr. McNutt is Scheduled to confer with Indiana University trustees at Bloomington Monday regarding the university presidency. Then he is to leave for Washington for the reception which Senator and Mrs. Minton are giving Wednesday to bring Mr. McNutt into the national picture as a Presidential possibility, Tomorrow afternoon the Democrat editors are to clear business before the. banquet. . They are to act on resolutions presented by a committee heads: by John Heller, father of Dick Heller, Governor Townsend's executive secretary. Dean Barnhart, Goshen, is scheduled to be advanced from the first vice presidency to the presidency to succeed Jack Dolan, Hartford, City, -
Approves Naval
Expansion Program
DENVER, Feb. 18 (U.P.).—Paul V. McNutt, High Commissioner to the Philippines, was en route to indianapolis today after breaking his silence concerning world affairs here and voicing his approval of the $800,000,000 Navy expansion program. McNutt, due in Washington next week, will be the first official from the Orient to report personally to the President ofA conditions in the Far East.
“I have advocated an increase in
T
The party is ‘due in Indianapolis |i
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E. H. Kemper McComb Louis Borinstein, class of '99, 1s
"Elizabeth - Mrs. King
1695.
elected Manual High School. Alumni A: president to succeed Russell Etter at the 43d anniversary celebration tonight. E.
Six members of the John King family are to attend the party. Mr. King was graduated Mrs. King, who was Laura Reifle, was graduated in January, 1905. Lillien, the wife of Carl F. 2
Radio Skit, Dinner and Dance To Mark Schools 43d Birth dy
(Continued from Page One)
| Louis Borinstein scheduled to be ssociation school’s . - Kemper
celebration.
‘David * Mr. King
graduated in 192 John, 1931, and
in June,
Hanske comprise the state and program committee. Miss Norma White directed mailing of invitations. The floor committee includes Norman Wilson, Arthur Madison and Mr. Schiltges. Miss White, Mr. Forest Hickman and Mrs. Hanske are on the ‘reception and dinner committees. Louis Borinstein, elass of ’99, is scheduled for election as president of the alumni association to succeed Russell Etter. Louise Bernt, class of | "97, is to be elected vice president to] succeed Mrs, Lucetta Childers Schwomeyer. Three executive committee mem-=-bers are to be chosen to succeed Mrs. Hickman, Mr. Taflinger and Norman Wilson, who are retiring.
our air and water defenses for the last 10 years,” Mr. McNutt said. “The $800,000,000 Navy expansion program has my full approval.” Meanwhile, the former Indiana Governor continued to play his role as “mystery man” of the Democratic Party. His trip to Washington was taking on the aspects of an “unofficial” democratic survey in which local leaders across the country were scheduled to meet the man considered by many to be a possible candidate for the 1940 Democratic presidential nomination. His stop in Denver after flying by Army bomber from San Francisco, was made to attend a private dinner in his honor. Although all concerned stressed there was “no political significance” to the meeting, prominent Colorado Democrats attended.
South Bend Industrial
Union Opposes VanNuys SOUTH BEND, Feb, 18 (U. P.).— The South Bend industrial union council, representing 35, C. I. O. workers, today threw its united op-
position against the renomination of Senator VanNuys, who, the council asserts, “aligned himself with reactionaries in opposing the Supreme Court reorganization bill,” and endorsed Alex E. Gordon of Indian-
A
Committee members who are to continue in office are Mrs. Brewer, Miss Frieda) Huebner and Miss White.
Anna J. -Schaefer is permanent secretary of the association and E. H. Kemper McComb, Manual principal, is permanent treasurer. The | nominating committee in-
anske and Walter Glass.
The three-act skit for this afternoon’s| broadcast was written by E. Edward Green and was to depict the school’s history from the time the school board discussed its estabBstunelt at a meeting Dec. 7, 1892. : cComb was to play his own role in the last act and his ‘own office was. to be the setting. Jack Shaaber and Birchard were to be announcers. The Speaking Choir was to present Lola M. Perkins’ YA Toast to Manual.”
MAROTT PROTESTS FAMILY PROFITS’ TAX
Letter to Minton Pictures evy Aiding Monoply.
rotest against the proposed Federal tax on undistributed profits of “closely-held” or “family” corporations was voiced today by George J. Marott, Indianapolis businessman, in a letter to Senator Minton. He said similar protests would be sent to Senator VanNuys and Rep. Ludlow, House Ways and Means Committee member, who is on record as opposed to the levy. “It seems to me,” Mr. Marott wrote,” that the Government is talking about tearing down monopolies, and to pass such a law as this against private ownership by families would be building monopolies anl destroying the initiative and ambition of stable, good citizens and destroying the pride of the industrious family tree. “Special taxation on familyowned investments is a persecution not only on me, but on the industry
apolis, Democratic candidate for Senator VanNuys' position.
“that we have. . .
and ambition of the best families
McComb, principal, is permanent treasurer. Taflinger, artist, has prepared a skit to feature the Mr. Etter arranged the program to be held in the school auditorium.
Hanske, Manual Science Department head, was
A) cludes| Mr. Schiltges, Miss Schaefer, | Mrs.
* Elmer TaflingerElmer
Lillian John
6. Elizabeth was graduated in 1929; David, 1934. Another son, Frank,
is to be graduated in June. ®,
BOB BURNS NE
of the most insincere things I've ever seen is the way some of these
they meet at parties out here. The -other night, one of ’em met another one at a party and she says, {Oh, hello, darling — you're looking so wonderful tonight— how are you?” And she walked up and gave the Piper one a big
’ iter a while, I took her to one side and I says, “Now, I want’a know why you kissed her like that—I thought you didn't like her.”
The actress says, “I certainly don’t like her—I hate her. I says, kiss her?” and she says, “Well, don’t ;you see how terrible her freckles show up on her chin where I kissed the powder off?” (Copyright, 1938)
HOOVER TALKS TO KING BRUSSELS, Feb. 18 (U, P.)— Former President Herbert Hoover conversed with King Leopold III of the Belgians for 20 minutes at the Royal Palace today.
actresses greet each other when |,
25 KNOWN DEAD AS TORNADOHITS LOUISIANA TOWN
Fumes From Wrecked Gas Well Add to Danger At Rodessa.
(Continued from Page One)
covery well when I heard the rume ble. I saw a board fly over my head and the top of ‘the derrick ahead of me begin to crumble. I began to run. I don’t know why, because I didn’t realize what was happening. I can’t remember where I went or what I did. #
Sees Derrick Fall
“1 know I saw the derrick fall. I looked behind me and saw two Negroes running. The next time I looked back they were gone. I came to lying in a ditch. I don’t think I was knocked out, just scared.” I. B. Brooks, supply house employee, said he noticed the approaching tornado when he tried to close a window against the wind and rain. ~ “The wall moved away from me and started to bulge,” he said. “I made a break for the door and when I got outside, I was blown to the ground by the wind. The air seemed to pe filled with boards, trees and slabs of sheet iron. I think every supply house on that row was lev-
"| eled. I couldn’t ‘even guess how many
were hurt.” Wreckage was spread throughout the town andsbeyond it into the woods. Searchers found a man’s head three-quarters of a mile from where his torso lay. - Governor Leche took personal charge today and Adjutant General Ray Fleming at New Orleans or-
‘| dered out a company of National
Guardsmen from Shreveport, to move here immediately, when he heard reports that there was looting, Warehouses Crumple
The twister hit the south end of the one paved street around which the town is built. It tore up three blocks ‘of closely set warehouses in one swoop, then bounced along toward the main part of town. . After leveling supply house row, the tornado cut across & corner of the Arkansas Fuel Oil Supply Co. camp, demolishing the home of R. E. Crowder, killing Mr. Crowder, his wife and his mother. It passed to the east of the Standard Oil Co. camp and struck the North Caddo Refinery. It struck the home of 'T. Trevillion, superintendent, who was away, killing his wife and one of his children. Mrs, Trevillion was not killed outright, dying in an ambulance en route to Shreve-
“Well then, why did you | Port.
A tent home on the Caddo grounds was sucked up and carried away. Its occupant, an oil field worker named Blackwell and his wife were killed. L. E. dock, a trucking contractor, was so frightfully injured when his home was demolished that he died en route to - Shreveport. His wife and one of his children were killed. Three children —two girls and a boy—survived, orphans.
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Cash on Hand, or in Bank.
Canadian Bonds. .
Bonds.................,.
Policy Loans,............. Other Assets .......... seas
<
- ALFRED L. AIKEN
President
Educational Counsellor of National Broadcasting Co.
NATHANIEL F. AYER
La Ballantine
CORNELIUS N. BLISS Retired Financier
HENRY BRUERE
MORTIMER XN. BUCKNER he Board, : Fhe ow York Trust Co.
Railroad, Public Utility, Industrialland other
Preferred and Guaranteed Stoc Real Estate Owned (Including Home Office)
First Mortgage Loans on Real E state (Including $2,265,334.31 foreclosed liens sub,
TOTAL.......
As presciibed by the State of New imo eligible for amortization are carried at their amortized values. Other bonds and
guaraniesd ad preferced-stocks are ried at market values as furnished by the National Association of Insurance Commissioners. $36,984,088.90 of Securities, included above, are deposited as required by nil
JAMES ROWLAND ANGELL
Treasurer, Cabot Mfg. Co. (Textiles
ARTHUR A. BALLANTINE ; er, Root, Clark, Buckner &
President, Bowery Savings Bank
ASSETS
$64,231,858.43
ess svecsssessanse
United States Government, direct, or fully guaranteed Bonds. .......
State, County hd Municipal Bonds. eine -
512,300,999.54 254,845,789.65 59,771,724.10
esssessnsecsssee
ssecesensssssesee
576,334,340.82 81,644,201.00 140,089,034.62
es esecesensessens
sevens
to redemption) - 414,284,562.41 355,265,818.60 eesdravarseiasies _ 61,581,887.19
cessssasassss $2,520,350,216.36
ceoereenenness
BOARD OF
THOMAS A. BUCKNER Chairman of the Board
President, Columbia University
CHARLES A. GANNON President, Cannon Mi
GEORGE B. CORTELYOU Former Secretary of the : Treasury of the United States
WILLIAM H. DANFORTH Chairman of the Ls Ralston-Purina Co.
ROBERT E. DOWLING President, City Investing Co.
Sg
NICHOLAS MURRAY BUTLER
NEW YORK LIFE INSURANCE COMPANY
A Mutual Company Founded April 12, 1845... Incorporated in the State of New York . . . 5! Madison Avenue, New York, N. Y.
THOMAS A. BUCKNER, Chairman of the Board A BRIEF DIGEST OF THE 93rd ANNUAL STATEMENT, DECEMBER 31st, 1937
‘During the year 1937 the Company paid to policyholders and beneficiaries $191,000,000, bringing the total for the past ten" years to over two billion dollars .. . New insurance issued, $477,000,000, an increase of $26,000,000 over 1936... ance in force, $6,770,000,000, a gain of $109,000,000 ... Included in liabilities isa Special Investment Reserve of $40,000,000, ® and a Reserve of $39,900,000 for dividends to policyholders in 1938 . . . Surplus for general contingencies; $124,000,000.
ALFRED L.
ments............ Dividends Left with the Company Other Policy Liabilities. .
eee
holders in 1938
tingencies, os
DIRECTORS
JAMES G. HARBORD Chairman of the Board, Radio Corporation of America
CHARLES ‘D. HILLES Resident Manager fore New York State, Employers’ Li ility Assurance Corp.
HALE HOLDEN Chairman, Southern Pacific Co.
HERBERT HOOVER a" ; Former President of the United States
PERCY H. JOHNSTON -
he Board, Rr eh ® Trust Ca
WILLARD V: KING © Retired Banker
L IABIL I TI E S Insurance and Annuity ie Present Value of Future/Instalment Pay-
Premiums, Interest and Rents Prepaid...... Miscellaneous Liabilities. .....coc00ctececcse Special Investment ReServe ....cccccescssscee Reserve for Taxes. .......... cesssvssssssniee - Reserve for Dividends payable to Policy
Surplus funds reserved for general con-
TOTAL... picu.oesstnrodure $2,520,350,216.36
AIKEN, President
Insur-
~p
“eee $2,063,058,950.00
sess
112,255,214.65 107,197,578.67 14,915,390.91 11,072,545.41 2,850,269.51 40,000,000.00 4,972,037.23
at Interest
scccvsee
39,989,051.00
124,039,178.98
1
SH H. MILLIKEN ink, Mittiken # Co.
EDWARD 1. RYERSON, Jr. 7 Chairman, Inland Steel Company
GE
Pri
ALE ED E. SMITH
ident, Ee State, Inc.
J. BARSTOW SMULL:
Vice-Pres. J. H. Wonehester & Co., Ine
PERCY § S. STRAUS RH ney #® Co., Ine.
VNDIANAPOLIS, THE NEW YORK LIFE'S BRANCH OFFICE 18 AT "MERCHANTS
BANK BLDG, Hn: SOUTH MERID
IAN STREET