Indianapolis Times, Indianapolis, Marion County, 30 September 1938 — Page 15

FRIDAY, SEPT. 30, 1938

REGIONAL BANK GROUP SELECTS NEW OFFICERS

B. F. McLaughlin Is Named President at Close of Convention.

B. F. McLaughlin, Noblesville, will take office in May as president of Region 4, Indiana Bankers Association. He was elected at the close of the annual regional meeting last night at the Claypool Hotel. Mr. McLaughlin succeeded William C. Grauel, Indianapolis. J. W. Fletcher, Greenfield, was elected vice president; C. L. Hobbs, Windfall, secretary-treasurer, and Mr. Grauel and Mr. McLaughlin, members of the nominating committee to the state convention.

Bank Taxation Discussed

The executive committee is composed of C. W. McDaniel, Thorntown; E. F. Freihage, Indianapolis; C. E. Shields, Danville; O. G. Couch, Mooresville, and Will R. Johnson, Franklin. Paul Bogart, president of the Merchants National Bank, Terre Haute, traced development of the

MITT TAT va

Favors Purchase

CITY WATER PLAN T0 BE DISCUSSED

Federation of Civic Clubs Will Study Proposal.

Possibility of the City acquiring the Indianapolis Water Co. will be discussed at the Indianapolis Federation of Civic Clubs’ meeting at |8 o'clock tonight, it was announced {today by Paul C. Wetter, president. The discussion will be led by E. O. Snethen, chairman of the Federa‘tion’s Utilities Committee. Mr. Snethen, an advocate of municipal ownership of utilities, said today he favors the City acquiring the Water Co., providing it can be bought at a reasonable price and can be managed so that rates can

E. O. Snethen

POOLROOM OWNER DRAWS $25 FINE

Ruel G. Sullivan, proprietor of a poolroom in the 800 block Ft. Wayne Ave, was fined $25 and costs in Municipal Court yesterday on a gambling charge. Six others arrested in a raid on the poolroom by Sergt. Carl Ashley’s antigambling squad received suspended sentences. Police said the raid was made on

bank taxation program in a talk.

Mr. Bogart said changes in bank | taxation in Indiana in recent years | had increased banks’ shares of the] tax load te a peak in 1937 of 10 per | cent of gross earnings. Croan Greenough, representing President Herman B. Wells of In-| diana University, outlined the pro- | gram for the annual association | conference Oct. 24 to 26 at Bloom- | ington. Robert H. Myers, state president, announced that a special train will carry Indiana bankers to the American Bankers Association convention Nov. 14 to 17 at Houston, Tex.

Committeemen Listed

Region 3 committee members announced by Mr. Myers included: Agriculture — Granville Wells, Jamestown; Hassil Schenck, Indianapolis, and Russell Martin, Tipton; education —William C. Grauei, Indianapolis, region president; branch banking—Evans Woollen Jr., William P. Flynn, John E. Ohleyer, Indianapolis, and M. R. Wilson, | Martinsville; membership—C. 2A] Cook, Danville; Otto N. Frenzel and Gwynn F. Patterson, Indianap-| olis; protective and insurance—Don | E. Christie, Indianapolis. Research of personnel—John R. Fletcher, H. 8S. Cross and W. B. Schiltges, Indianapolis; rearrange- | ment of regional boundaries—Felix | M. McWhirter and Arthur V. Brown, | Indianapolis, |

and J. W. Fletcher, | Greenfield; standard forms—Paul C. | Buckler and Oscar Couch, Mooresville; Walter Carter, Tipton, and Charles R. Keogh, Indianapolis; | trust—Malcolm Lucas, R. N. Brit- | ton, Donald Morris, C. R. Weaver, C. N. Fultz and E. H. Iglehart, Indianapolis.

SET MINE VICTIM'S RITES

BRAZIL, Ind. Sept. 30 (U. P).—| Funeral services were arranged to-| day for Normal Grayless, 26, who was crushed by a coal car which] overturned in the Bramlett mine | near Rockville yesterday.

the complaint of a woman who told | them her husband had lost a Wesk's| wages in the poolroom.

Stout’s

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be reduced, or a surplus created for use in lowering genernl taxes.

CHAMPION EATS 48 EGGS

WICKFORD, R. I, Sept. 30 (U. ).—Louis Tillinghast claims to be Rhode Island’s egg-eating champion, and to prove it he downed iour dozen eggs—without losing a yolk— at the annual carnival of EickeTefft Post, American Legion, of Narragansett.

ROAST CHICKEN DINNER 35¢ CORAL TEA ROOM

K. of P. Bldg., Mass. Ave. at Penn. St.

Special Saturday

Factory

DENVER MAN AGAIN HEADS ACCOUNTANTS

CINCINNATI, O., Sept. 30 (U.P). —Clem W. Collins, Denver, was reelected president of the American Institute of Accountants here today. Other officers: Lewis Ashman,

Chicago, and John K. Mathieson, Philadelphia, vice presidents; Arthur W. Teele, New York, treasurer; John L. Carey, New York, secretary; Stanley G. H. Fitch, Boston; J. J. Klein,

THE INDIANAPOLIS TIMES

AP A me

Ralph B. Stratford, Portland, Ore.; Adrian F. Sanderbeck, Pittsburgh, and George Cochrance, New York, council members. The 1939 meeting will be held in San Francisco.

BANK STATEMENT "CASE TRANSFERRED

FT. WAYNE, Sept. 30 (U. P.).— U. S. Commissioner William D. Remmel today ordered removed from this district to. Indianapolis the case

New York; R. F. Starkey, New York;

THANK YOU

of the Savings & Loan Co., Butler,

2 vr

Ind, charged with making false statements of condition to the Federal Home Loan Bank. Three defendant officers waived examination and were released under $5000 bond each. They are C. Clifford Muhn, Auburn; Mary R. Reynolds, Garrett, and Walter J.

Retonga at All HAAG Stores 98¢

Mondhank, Butler. The case is expected to come before the Novem-

PAGE 15

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