Indianapolis Times, Indianapolis, Marion County, 10 March 1941 — Page 16

~ PAGES __

New Rules for the State Are Summarized Here By Topics.

By TIM TIPPETT At ‘a cost. of about $160,000, Indiana has collected 154 new laws in the last 60 days. : That’s more than one law per . Jegislator—and the Governor had 70 . more bills which he could sign or reject when he went to work this morning. : There are a few important measures in the list awaiting Governor Schricker’s approval, and some others that may receive final legislative approval today. * . But until they go through or are thrown out, here are the new rules under which Indiana must operate. These laws will:

STATE GOVERNMENT

the 1933 McNutt Reorganization ; ASenen) the May 1 (Veto over-r levy, e four administrative divisions in oi elective officers. The Foener, 3 ” e Boards, with G. O. P. officials holding the other two places. This will give the publicans control over practically all the " patronage and administrative powers of tate Government. It carries out praclically all of the Republican ‘‘decentralizn‘tion’ program and most the er measures listed here are merely backstop laws.

a . six-member Commission for mores Institutions. abolishing the present department. (Veto over fiddeh): ‘ 3 i-partisan boards of trustees a th relent, correctional and enal institutions. giving the boards power o name superintendents and conduct the institutions. "(Veto gep-piaden), : a Abolish State Highway Commission an substitute four-member bi-partisan commission. (Veto over-ridden). 1 Bat : loyment of a ate emYi, a oe is e Police, Health Board nd unemployment compensation on May 81. (Veto over-ridden). © Abolish appointive attorney-general’s office. . (Veto over-ridden). htt : 3 turn attorney-general to elective staTg 1543, iE for interim cppoint(Veto over-ridden). Create a new Public Service Commisgion. .(Veto over-ridden). IE Ends tenure of present Chief Examiner of na of Accounts and provides new set-up. (Veto over-ridden). oot State Board of Tax Commissionpraboliin Ba Indiana Tax Board. (Veto over-ridden). » seinli 4 1 Beard of Public Printing an i board. (Veto over-ridden). rtment of Adult appointive conti Depa: certified public accountants board. (Veto over-ridden). Abolish State Board of Agriculture. (Veto over-ridden). " Create State Conservation abolishing present Department. -over-ridden). f Sots. P for appointment o ate Purcharts 100 4 Governor, Lieutenant Governor and reasurer. (Veto overridden). ‘ Repeal 1933 acts creating Public Service Commission and “State Highway Commission. (Veto over-ridden). Create State Board of Finance, consisting of Governor, Auditor ond Treasurer, and transfers to it powers. of the Treasury Department under the 1933 Reorganization Act. (Signed). BT Sg a Pe jivision to be made y cere ary of State and Auditor. (Veto over-ridden).,

Provide for appointment of state budget director * by three-member board. (Lew without Governor's signature). power over (Law without

Commission

Remove from Governor Health Board personnel. Governor's signature). Create new Board of Public Works. (Law without Governor's signature). Place Two Per Cent “Club, Democratic campaign fund-raising organization now disbanded, under Corrupt Practices Act. (Signed). | Set up & merit system to cover 3000 emJioTees in the 21 state institutions. Welare and Health geparimenis and Histor\jcat and Library reau. Four-member, i-partisan State Personnel Board to be appointed by Governor and Lieutenant vernor. (Law without Governor's signature). . Set up Ji-prtisat State Police Board to be name y Governor, who also will name Superintendent. Force also to b bi-partisan, with new officers provided for in budget to be Republican until two

parties are equally represented. (Signed). |

MUNICIPAL

Require Marion county towns wishing to incorporate to have signatures of hal the voters and half the real estate own(Signed). uire cities to pay injury expenses eir policemen and firemen. (Signed).

Ri for t. - Permit towns of 2100 to 2500 population to -appropriate funds for betterment of school property. (Signed). Permit. towns of less than 1900 population to consider municipally-owned cemeteries maintenance fund as a trust fund. (Signed). y rml Permit clerk-treasurer for handlin municipal utilities. (Signed). Legalize payments already made to city clerk-treasurers from utility funds. (Signed). Regulate a Senn. third (Signed). Provide that common councils may change the name of cities on petition of 8C0 legal voters. (Signed). Require city engineers to attend annual Purdue University road school. (Signed). Establish boards of sanitary commissioners in fourth class cities. (Signed). Raise salaries of mayor and certain other officials in second class cities owng two or more utilities. (Law without Governor's signature).

TAXES -

Redfice gross income tax for retailers, laundries and dry cleaners e ecnt to 2 of 1 per cent. . Require county auditor to provide State agencies with lists of State employeés belie delinquent in taxes and provide for deductions from wages to satisfy debt. (Signed).

paving cit usiness Oo

intments of policemen in PO fourth oe oities

Permit St. Joseph County treasurer to collect Barrett law assessments in South Band. © (Signed). Provide for forfeiture and repayment of money raised by taxation for donation to railroad companies.” (Signed).

* ‘Forbids assessments for taxation of pubMc ditches. (Signed).

_ Give: $1000 property tax exemption to @isabled war veterams with 10 per cent service-connected disability. (Signed).

Authorize release of lien on public imovement after lapse of five years from ue date of last installment. (Signed).

Remove requirement that gross income tax returns be notarized. (Signed).

WELFARE

Prevent man from marrying third time §f unable to support existing children. (Signed). Raise old age assistance maximum from © $30 to $40 a month. (Signed). Give Juvenile Courts further jurisdiction in 5 cases and modernize old laws. (Signed).

: Make parents of children born out of wedlock responsible for care of children. (Signed). :

¢

~~ Can Often Be Prevented This Improved Vicks Way ' If throat “tickle,” irritation or a Ehing-gt Soild CO ve -8“VapoRub Massage’ at bedtime. With this more thorough treatment, the DUC esa nil vapor () more ; ectively PENETRATES irritated air . passages with soothing medicinal vapors... STIMULATES chest and

plaster... STARTS right away! Results delight even old friends oa VapoRub. TO GET a “VapoRub Massage” with all its rai — massage . VapoRub for 3 minutes on IM=

(Veto |.

Set teachers and for other grades.

SSENBLY ADDS 154 LAWS:

~ GOVERNOR SCANS 70 OTHERS

Governor Henry F. Schricker

REAL ESTATE

Limit tots! value of real estale ¢arrizc on books of building and loan associations to 5 per cent of total assets.’ (Signed). Amend civil procedure law to hasten valid titles to real estate. (Signed). Provide hat adverse claims against real estate of 50 years standing shall cease to exist against present owner. (Signed). Amends levee law to provide ‘reassessment if new lands are benefited by levee change. (Signed).

GOVERNMENT FINANCE

Permit county councils to issue judgment funding bonds. (Signed). Impose budget restrictions on direct township relief expenditures by trustees. (Signed). Allow counties of more than 110,000 and less than 160,000 to have purchasing agency. (Signed). Legalize obligations issued by goreinmental taxing agencies before ectiveness of this act. (Signed). Give “Department of Financial Institu. tions authority over state funds deposited in out-of-state banks. (Signed). Authorized transfer of $300,000 irom Highway Department construction to administration and supervisory fund.

(Signed). Set May 1, 1942, as expiration date for 1932 act establishing township commissariats. (Signed). Give townships power to issue bonds for construction of public building on consent 25 per cert of the voters. (Signed). Establish a retirement fund for employees of State Board of Accounts. (Signed). Appropriate $160,000 for the expenses of the foal General Assembly. (Signed). Increase salaries of county auditors, ranging from $800 to 31500. depending on size of county. (Signed).

GENERAL FINANCE

Exempt representatives of Financial Institutions Department from payment of court costs in liquidation proceedings. (Signed). } Give Public Service Commission full jurisdiction over the proportion of bonds and Preferred stock to common stock issued 8

certa

in ef

toc utilities for additions and betterments. igned). | Allow capital stock of corporations to be divided into shares of less than $100 and not less than $10. (Signed). Define C dends in liquidation proceedings. (Signed). Fix rates of mileage and vehicle upkeep of sheriffs. (Signed). Plempt stockholders in guaranty loen an bility law. Permit directors of - foundations fo amend articles of incorporation by filing with Secretary of State and County Recorder. (Signed). Enable non-profit corporations to amerd articles of incorporation by filing with Secretary of State and County Recorder. (Signed). Permit fiduciaries to invest in obligations issued under Federal Home Loan Bank. (Signed). Place credit unions under laws. (Signed). Provide railroad shareholders be given list of holdings. (Signed). Liberalize laws governing credifi unions. (Signed). Regulate reinsurance by insurance companies, (Signed).

VEHICLES

Set March 1 deadline for purchase pf license plates. (Signed). Make it unlawful for any state pificial to extend the license plate deadline. (Signed). : Require purchaser of license plaies to show property tax receipt. (Signed). Classify hqusehold movers as common carriers by requiring them to fille rates and tariffs. (Signed). Permit vehicles transportin xplosives to have red light in front. (Signed). Permit use of short wave radios by utility emergency vehicles. (Signed). Exempt farm tractors from weight tax. (Signed). Exempt school bus drivers from llcense fees but substitutes registration fee. (Signed). : Put drivers’ licenses on sale Jan. 1 and set March 1 deadline. (Signed). Permits small stickers on automobile windshields. (Signed).

¢ SCHOOLS

Prévide that school teachers’ contracts be renewed automatically on absence of notice within 10° days after end of term. (Signed). Legalize acquisition by colleges of property . excess of amount fixed by charter. (Signed). minimum salaries for beginning (Bigried). Preserve tenure rights of teachers who enter military service. (Signed). Provide that vocational training cost be raised ° local taxes and ‘imited © salaries and travel expenses. (8igried). Authorize selling of school property for national defense needs. (Signed). Authorize public educational institutions to purchase liability insurance. (3igried). Provide for instruction of patients at tuberculosis hospitals. (Signed). Permit letting of contracts to school bus drivers earlier than present law permits. (Signed). : Exempt children of disabled World War veterans from J ymen of tuition at state colleges and universities. (Sigried). Permit Lost Creek, Vigo County, to build school. (Signed). Require financial statements from schools receiving state aid. (Signed). . Authorize schools to purchase eal estate. Signed).

ELECTIONS

Postpone until 1943 all civil city and school city elections, except in Indianapolis. (Signed). 5 Bar from ballot parties having relations with foreign governments. (Signed). namin of precinct election board members from any place towne (Law without Governor's signature). Abolish fegessity of candidate filing petition ened by voters with his declaration. (Signed).

Set up receive.

(Signed).

1921 rumor

salaries election workers

(Signed). Require filing of titions of nominations by State ADI ton at least 45 days before election. (Signed). Create bi-partisan voter registration boards in Marion County and Ee other largest counties, (Veto over-ridden). Clarify absent voter laws and permit college students and voters in military service to vote by absent ballot. (Signed). Make possible recounts in any vrecinct or precincts instead of on county or state-

may

" Require stri trees on all

‘| March

wide basis. (Law without Governor's signature).

Permit watchers to enter polls 30 minutes Detore Dons open and stay until they close.

CONSERVATION

mine operators to ands stripped or forfeit a

bond. (Signed).

Make hunting of prairie chicken b Oct. 15. 1947, unlawhul. rnlcken efore

Permit court clerks to retain 10 ce _ os for women’s fishing rns . -

Transfer control of Wilbur Wright Memorial from Memorial Commission to Conservation Department. (Signed).

Amend fish ‘and game laws. (Signed).

Extends open season on red fox to 15, 1943, in southern Zone, (Signed).

Give Conservation Department author1 ever, dredging of Little Calumet River,

Reg ulate lowering of artificial lake levels. ¢ Signed ). Require e1sons harbori: stra

0 ! orities., (Law - nor’s signature). y Wino over

HIGHWAYS Designate State Road 67 between Vin.

cennes and Indianapolis as the. Memorial Highway. By Po Hafrison

H. B. 243 makes State Highway DaparfIf You Suffer Periodic

AND NEED TO FORTIFY RED BLOOD! | Lydia E. Pinkham’s TABLETS | (with added iron) have helped || thousands of girls to relieve'furnic-

tional monthly and weakness, | Pinkham’s Tablets ALSO hélp | build up red blood and thus aid in | ng MORE STRENGTH. ,

#

terms governing creditors’ divi-|n

savings gpsofiations from double lia- i

REGISTRATION FOR

Total for 60 Days More Than One Per Legislator At Cost of $160,000.

ment responsible for maintenance of state institutions roads. (Signed).

COURTS

Fix term of Tippecanoe County Superior Court. (Signed). Fix term of the 22d judicial Court in Tippecanoe County. (Sig Divide 40th judicial circuit into two circuits. (Signed). Prohibit certan county practicing law in any court. Permit each party in civil suit to strike one county in change of venue where at least three counties adjoin. (Signed). Authorize circuit courts to hear peti tions for birth certificates. (Signed). Provide that court judgment against counties shall not constitute a ‘ien on county property. (Signed). . Amend search’ warrant law to magistrates or judges. (Signed). ,Recodify certain criminal:laws. (Signed). Provide mileage payments to members of struck jury panels. (Signed). Amend law governing insurance policies for physicians and dentists. (Signed). Fix term of Vermillion Circuit Court. (Signed). Provide salary scale clerical help.- (Signed). Amend magistrate court law to limit Sppresiion to counties of 40,000 or over. gned).

AGRICULTURE

Repeal law atving $15,000 annually to Purdue University for veterinary science work and place anti-hog cholera serum distribution under S. Department of Agriculture. (Signed). Require claimant for damages .0 livestock by dogs to be joined by two disinterested freeholders residing in townhip in which damage was inflicted.

(Signed). MISCELLANEOUS

Authorize township trustees to work individually or with others in the operation of a Federal stamp plan. (Signed). Legalize ice hockey, baseball and fishing on Sunday. (Signed). Amend barber law to give State Barber Board power to fix hours and price scales after a hearing. (Signed). Require damage suits against physicians dentists or medical institutions filed within two years. (Signed). Exempt newspaper carriers from child labor law. (Signed). Define dry cleaner as any person who uses certain designated types of solvent other than water. (Signed). Provide for disposition of property when there is not sufficient evidence that persons have died otherwise than simultaneously. (Signed). Fix statutory period of two vears for collection of overcharges or undercharges on railroad freight rates. (Signed). Increases assessments against Indianapolis police for pension fund from $2 to and raise city's tax rate for fund from 2 cents to 4 cents. (Signed). Include Irene Byron Hospital !n tuberculosis act. (Signed). Provide that newspaper reporters shall ot be compelled to disclose source of any information. (Signed). Forbid employment in any State department of persons related to heads or members of the department. (Signed). Provide that policemen and firemen servng in armed forces may be reinstated if Diiysicaily able upon honorable discharge. (Signed).

Circuit ned).

officials from (Signed).

include

for certain court

Prohibit use of white canes tipped with red on highways or streets except by the blind. (Signed) Make Good Friday a (Signed). Empower owners of public cemeter which has been in existance 30 ears to exercise right of eminent domain.

legal holiday.

Provide public ditch may be cleaned upon petition of 50 per cent of abutting property owners. (Signed). / Ch name of Indiana School for F! nded Youth to the . ayne State School and the name of Muscatatuck Colony to Muscatatuck State School.

MARGARET MEEHAN IS DEAD HERE AT 36

A former assistant in charge of the St. Joan of Arc Catholic Church Rectory, Miss Margaret Elizabeth Meehan died Saturday in the home of John Flynn, 210 N. Tremont Ave. with whose family she made her home. Miss Meehan, who was 36, was born in Peru. She had lived in Indianapolis since 1913 and was graduated from St. John’s Academy. She was a member of St. Anthony’s Catholic Church, the Fidelia Club and St. Rita's Guild. Survivors are a brother, John Meehan, and a sister, Mrs. Helen Hurst. Funeral services will be held at 8:30 a. m. tomorrow in Mr. Flynn's home and at a. m in St Anthony's Church. - Burial will be in Holy Cross.

NIGHT SCHOOL SET

Registration for the spring term of the regular tuition evening school will be held from 7:30 to 9 p. m. tonight in the Main Building, Tech High School, and at Crispus Attucks High School, John A. Mueller, spegal youths service director, said toay. Registration will continue Wednesday and ™riday nights. The course, which will be offered between the hours of 5:30 and 9 p. m. three nights a week, will last for 30 sessions. They will be held at Tech, Crispus Attucks, Manual Training and Washington High Schools. Two thousand adults enrolled for the semester which closed last Friday, Mr. Mueller said, and a similar number is expected for ‘the spring semester. Tuition ranges from $2.50 to $5, depending on the cost of materials

5

‘Earlham Queen

*

Miss Marjorie Baker (above), blond Earlham College junior from Richmond, has been elected May Queen to reign over the school’s quadrennial (ld English May Day Festival May 9. Approximately 500 Earlham students and faculty members will participate in the traditional festival. Robert Rollf, also a junior from Richmond, was chosen for the role of Robin Hood.

JOHN G. MILLER, 64, DIES ON SOUTH SIDE

George John Miller, a resident of the South Side 57 years, who died Saturday in his home, 1125 McCord

St., will be buried in St. Joseph's Cemetery following services at 9 a. m. Wednesday in St. Catherine's Catholic Church, of which he was a member. Born in St. Peters, Mo., Mr. Miller was 64. He was a retired painter and cement contractor and was active in South Side civic affairs. He had been ill four years. Survivors are his wife, Mrs. Anna M. Miller; four daughters, Mrs. Anna E. Schaad, Mrs. Walter Ley, Mrs. Mary Baker and Mrs. Margaret Ratliff, all of Indianapolis; a son, John Miller Jr. of Indianapolis; a sister, Mrs. Viola Limpert of St. Louis, Mo.; a brother, Benamjin Miller of Indianapolis, and 10 grandchildren.

RITES IN OHIO FOR MRS. NELLIE WHITE

Mrs. Nellie White, a resident of the Barton Hotel here 24 years who died Saturday in St. Vincent's Hospital, was to be buried in Cincinnati, O., today. Funeral services were held yesterday at the Hisey & Titus Mortuary. Born in Washington County, New York, she lived most of her life in Worcester, Mass. She came here in 1917 and had attended the First Baptist Church. Survivors are her son, Merton G. White of Cincinnati, O., and two grandsons, Robert S. White of Decatur, Ill, and Howard R. White of Buffalo, N. Y. . IT'S NEWS TO HIM HAVERHILL, Mass., March 10 (U. P.).—John Morris, 33, under arrest today on a charge of vagrancy, told police he never had heard of the Selective Service Act or the war in Europe. He said he had been “too busy traveling around the country.”

AR

«“—and if b had to do it again,

I'd Still Go to Morris Plan!

I may obtain quickly—often the same day—$75 to $1,000 or more— on Character or Auto—WITHOUT ENDORSERS.

Payments need not start for 6 weeks —and I can spread them over 6 to 20 months.

If more convenient, I can complete my loan by phone or mail without coming to the office.”

Phone for a Loan — MA rket 4455 ¢

orris Plan

110 E. WASHINGTON

used, Mr. Mueller said.

lant |

Cleaned and Pressed No Extras! No

Limit! No Exceptions

SWEATERS - SKIRTS |

1

Cleaned

ANY GARMENT

99e

ee e—————————————————————————

11 J14L14E

"

THE INDIANAPOLIS TIMES

| home, 5018 Broadway.

MAJ, COLEMAN, 48, GUN VICTIM

Selective . Service Officer Found by Wife, Note Beside Body.

Maj. Leslie H. Coleman, Indiana Selective Service Staff member, last night was found fatally shot at his He was 48. His body was found on a bed by his wife, Mrs. Vera Coleman, 27, and her mother, Mrs. Mary Hulse, 76, who lives at the Coleman house. Beside Maj. Coleman was a small caliber pistol and a note scrawled on the back of an Army questionfiaire. In the note, Maj. Coleman wrote that he had made ‘‘one mistake too many.” = Mrs. ‘Coleman said she and her mother had gone to St. Vincent's Hospital to visit Maj. Coleman’s mother, Mrs. Mary E. Coleman, a patient there. The officer, who served as a corporal in the 150th Field Artillery, Rainbow Division, during the last *World War, had been inducted into Federal service in January as an assistant to Lieut. Col. John D. Friday, Federal property and disbursing officer for Indiana. He was assigned to the adjutant general's office where he had served the last seven years. He was a member of the Mcll-wain-Kothe Post, American Legion, and the Rainbow Division Association. Besides his wife and mother, Maj. Coleman is survived by a brother, Clyde Coleman, and a sister, Mrs. Edith Craycraft, both of Indian-

Samuel Brown Rites Are Set

PRIVATE FUNERAL services will be held at 10:30 a. m. Wednesday for Samuel T. Brown, who died Saturday at his home on the W. 10th St. Réad. Mr. Brown, who was 79, was a native of Rush County. He came. to Indianapolis in 1890 and was in the meat and live stock business here for almost half a cen=tury. A farmer also, he owned land in Marion and Hendricks counties. He is survived by the wife, Mrs. Olive Adams Brown; two sons, Seth Brown of Portland, Ore., and Clarence A. Brown of Indianapolis; two sisters, Mrs. Laura Colvin and Mrs. Will Dunkle; two brothers, ‘ A and Lewis Brown, and three grandchildren, all of Indianapolis. Burial will be in Greenfield.

ABNER PERDUE DEAD, WORLD WAR VETERAN

Funeral services and burial were to be in Portland, Tenn. today for Abner Perdue, a world War veteran, who died Saturday in the Veterans’ Hospital after a week's illness. : A native of Portland, Mr. Perdue had lived in Indianapolis 14 years. He was employed as a saw filer at the E. C. Atkins & Co. He was 45 and lived at 526 Prospect St. Survivors are his wife, Mrs. Ritter Perdue; a daughter, Miss Lucille E. Perdue of Indianapolis; .four sisters, Mrs. Lizzie Williams of Indianapolis, and Mrs. Lillie Caudill, Mrs. Minnie Rippy and Mrs. Verny Hodges, all of Portland, and two brothers, William and Artie Perdue, both of Portland.

STRAHAN RITES SET TOMORROW

Former Head of Traction Co. Will Be Buried At Huntington.

Merrit Strahan, former superintendent of the old Indiana Union Traction Co, who died yesterday in the Methodist Hospital after a short illness, will be buried in Huntington following services at 10:30 a.-m. tomorrow in the Royster & Askin Mortuary. Born in Winchester, Mr. Strahan was 65 and dived at 450 E. 91st St. He had been associated with the traction company 38 years, retiring. four years ago. Survivors are his wife, Mrs. Nellie G. Strahan; three children by a for-

Grow Teeth

into your mouth but we can make them look like they grew there. We ‘fess up to a bit of egotism when it comes to making teeth. DRS. EITELJORG

SOLTIS AND FRAY

DENTISTS

8% E. Washington St. R1. 7010 Between Meridian St. and Marott’'s Shoe Store

"MONDAY, MARCH 10;

1

mer mirriage, Forrest and Merrit Strahan Jr. and Mrs. Lucille Barlow, all of Muncie; five sisters, Mrs, Deon Willard of Indianapolis, Mrs. Hattie Moistner of Indianapolis, Mrs. Grace Fisher of Winchester, Mrs. Mary Keller of Richmond and Mrs. Lillie Jackson of Lynn, and two brothers, John and Louis Stra han, both of Winchester. A

Mr. Commis Says:

nent wave vou have ever had.

All Waves GUARANTEED

SMILE BEAUTY SHOP

622 Mass. Ave. “L1-00%6.

Bed linens, handkerchiefs, towels, children’s clothes, etc. should be isinfected when they are washed. Directions for disinfecting are on the Roman Cleanser label.

Quart bottle only 15¢c—at grocers

ROMAN CLEANSER

4 asa whitens wand de Yrs

apolis.

Surplus

ese percentage doutie the fine sh all United States

State.

x

SIGNIFICANT FACTS: Increase in Assets in Making Total Asse Increase IB SUIpiuS Sree.

During te Last Ten Years Assets Have Increased ........ 117.8% Has Increased 422% increases win

ite In Life surance Companies.

The Company operates in a number of states and is nationally recognized for its very successful record. It is also a leader in its home city and has approximately $50,000,000.00 of insurance in force in the Indiana ranks first among the states in which the Company operates.

1040.8 2,14092217 26,144,751.34 151,120.91 1,663,435.56 3.712,455.00 114,767,904.00

1,718,007.48

24,249.542.94

are approximately of the Beverage of

(PAID BASIS )

CONTINUOUS PROGRESS

with STABILITY for

Thirty Legal

$10,070,921

$53,305,644

395.7

56,258

$100,767,129

106,077,790

e -six years ago, the INDIAN. APOLIS LIFE. INSURANCE COMPANY was organized as an Old Line, Reserve, Mutual owned by the policyholders. The management pledged to build a quality insurance company on a sound, conservative basis. ;

36 Years

Company

Today, the Com looks back pany achievement and sound growth. Its record through the years * is reflected in the figures herewith shown. Indianapolis = Life is now the largest company organized in the United States as a strictly Mutual, Legal Reserve Company since 1905. This fact proves conclusively the wisdom of building solidly on tested principles, with Safety and Service its constant guide.

$108,105,607

SAFETY

‘ and

SERVICE

111,0

09,449

FIRST! x

$114,767,904

Cash ..... . Government bonds

ie Public Utility bond Other bonds Yang 2

Real Estate (includin Other real estate sol

u Interest: ner

PR

.,

307-308 OCCIDENTAL BLDG 8im. ro 6pm.

“ste esassast iat ane testes

U. 8. State, County and Municipal bonds.

legal investments : Firs}, mortgage loans (including $3,972,661.27 insured by

Policy loans (secured by policy reserves) Home Office)....

Accrued and not due......... teats inreesterttnsanne

Premiums due and deferred (secured by policy reserves) Total admitted assets 4800000000000 0sct tastes toans .$26,144,751.34

sd

2

COMPANY OFFICE

FINANCIAL

ASSETS

«8 430,408.04 . 1,898,2317.96 « 1,774,959.92 ,482,043.32 1,029,340.01 10,296,134.19 « 3,750,953.92 1,927,295.33 651,348.55 153,249.49

3,294.7 747,395.88

ve . tees trctantee

contract...

* December M, 1940

IANA PO

x STATEMENT

LIABILITIES

Policy reserves

teeneese..$20,026,993.01

Payments not yet due under installment settlements.... 1,300,029.81

Dividends left to accumulate......... Premiums and interest paid in advance...i......ceveees Claims reported but profits not received

Reserve for taxes and miscellaneous Dividends apportioned to licyho SURPLUS FUNDS: oy

lders (not yet due)...

1,258,684.85 331,343.48 40,653.68

335,910.05 267,700.00

liabilities

Reserve for investment and mortality

uctuations

crease snas sees sessed: 300,000. Unassigned SUIPIUS oeeesceccosescanaes / Total surplus plus 111 SRR

1,663,435.56

Total Seceterceratniactnstensttstntttcaatersasanes es $26,144,751.34

-

weance

Home Office—MERIDIAN AT 30TH—Talbot 1591

*Albus- HB. Kahler,

RS, DIRECTORS AND DEPARTMENT HEADS *EDWARD B. RAUB, President

Second Vice-Fres. and

cis D. Fi Th iy pee, CY. .

LEADING INDIANAPOLIS REPRESENTATIVES Offices at 1052-38 Consolidated Building, RI ley 5528

n D. Brosnan

LIFE

-

-,