Indianapolis Times, Indianapolis, Marion County, 3 June 1938 — Page 5

THE INDIANAPOLIS TIMES PAGE §

AUTOMOBILE TRUST torney General Thurman Arnold | was discovered today in Fall Creek, I nis coat and a note were found | found in her apartment at 218%

FRIDAY, JUNE 3, 1938

GUNMAN ROBS

on a plan to eliminate “abuses” of | west of the dam near Northwestern | soon after Mrs. Wright's body was |W. 21st St.

which they are accused, a Depart- | Ave, FE s——;

ment spokesman said. The body, washed up on the bank, | The indictments, returned by a | was found by Herbert Bailey of 926

Recipients of Scholarships

CAR OPERATOR: [PN PN SU TRUCE Looks

CAFE LOOTED

Masked Robber Fires Shots; In Fifth Trolley Holdup Here.

A masked bandit who fired two shots to force a trackless trolley operator to open his door, escaped with $18 in cash and $10 in <okens | | at the end of the S. Meridian St. line early today. It was the fifth trolley car holdup here in two weeks. None has Beer arrested. John W. Hudson, 49, of 1354 Olive | St., trolley operator, reached the end of the S. Meridian St. car line, he said, when a man whose face was covered by a white handkerchief. fired twice when Mr. Hudson

Miss Carol Ramsey and Miss Mary Schlenck, high school seniors,

have received scholarships to Indiana Central College, in Ohio, respectively.

apolis, and to Miami University,

in IndianMiss Ramsey

recently won second prize in the essay contest sponsored by the interracial committee of the Phyllis Wheatley branch of the Young Women's

Christian Association.

refused to open the door. He then opened the door, and the man seized the loot and ran west on Creek Bank.

The robber who yesterday held up a White Castle Restaurant at California and Washington Sts. was being sought today. John Burke, 22, of 713 NN. Delaware St., restaurant clerk, said the man pointed a revolver at him, took about $5 and escaped, running east on Washington St. and south into

schools superintendent, pared to assume the presidency of | the Indiana County ents’

He was advanced from the vice presidency during the closing session

DUNN WILL ASSUME

NEW SCHOOL POST

J. Malcolm Dunn, Marion County today pre-

Superintend- | Association.

of theh association’s convention in the Hotel Lincoln yesterday. He is to succeed John S. Hussey of Noblesville, Hamilton County superintendent. Other officers named were Adrian Lutz, Huntington County superin- | tendent, vice president; Miss Mazie

| Jane Elliott, Fayette County super-

secretary, and J. Fred County superintendThe latter two were

intendent, Hull, Benton ent, treasurer.

| re-elected.

the first alley east of California St. |

Mrs. Gene Chism, 45, Negro, landlady of apartments at 616 N. Senate Ave. was held by police today on charges of drawing a deadly weapon, shooting in city limits and assault and battery. Elizabeth Williams, 29, Negro, a tenant, was held for assault and battery and disorderly conduct. Neighbors told police that the two women fought in the yard and that Mrs. Chism attempted to shoot Miss Williams, Neither was injured.

Theft of two band instruments from the music room at Manual Training High School was reported to police. Lon L. Perkins, of 505 N. Bosart Ave, the school's band leader, reported one of the instruments missing is a silver-plated Dflat piccolo belonging to the school. The other, a Conn cornet valued at $75, was reported by Marion Patrick, of 1420 Hoyt Ave.

LOOTING OF TRUST COMPANIES BARED

NEW YORK, Jume 3 (U. P.).— The Securities and Exchange Commission, investigating the looting of seven investment trust companies of $10,000,000 assets, learned today’ how looters acquired these firms without using a cent of their own money. The technique, described by David Schenker, commission counsel, was this: The operators borrowed money from financial concerns to buy controling stock of investment trusts. They put up no collateral, but gave a list of securities they would deliver later to guarantee the loan. Then, having bought the trusts, they posted securities taken from their portfolios. Six men have been indicted.

INSANITY, DIVORCE LINKED NEW YORK, June 3 (U. P.) —Dr. Ira S. Wilde of the Eugenics Research Association reported today that insanity was four times as common among divorced persons as among the population as a whole.

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Motor Representatives Confer With U. S. Agents.

WASHINGTON, June 3 (U, P).— | Counsel for three major motor | companies have approached the | | Department of Justice with a plan | which eventually may lead to the ' dropping of indictments against | them on Federal antitrust charges, | officials disclosed today. | Attorneys for the Ford Motor Co., General Motors and Chrysler Corp. {have conferred with Assistant At-

‘MISSING MAN'S BODY

Federal grand jury in South Bend, | Ind., last Friday, named the cor- | porations, their affiliated finance | companies and 59 executives with | conspiring to promote monopoly by forcing dealers to finance automobile sales through the affiliated finance groups.

IS FOUND IN CREEK |

The bodv of Stéphen Ewing, 50, of 2849 Indianapolis Ave. who disappeared Tuesday after a friend, Mrs. Desdamonia Wright, 42, was found shot to death 1 in her home,

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W. 11th St., walking along the shore. Police said they believed Ewing had leaped into the creek from the | br idge near Boulevard Place, where

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