Indianapolis Times, Indianapolis, Marion County, 12 April 1948 — Page 8
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CGIAR
Kaiser ‘Shocked’ At Stock Plan -
Bares Stabilization
Proposal at Hearing
WASHINGTON, Apr. 12 (UP)! —Henry J. Kaiser said today he!
| was “shocked” at a SugSestion
i that the Kaiser-Frazer Co bilize .the market in its 4 nl
{curities prior to issuance of a {new common-stock offering.
Mr. Kaiser, board chairman of
|the automobile firm, was the first o¢ Johnson Chevrolet, 1035 N. Me(witness in a Securities & EX- rigjan St, is one of the busiest
{change Commission investi ation executives on automobile row,! {of the withdrawal of the $10 mil-| {supervising the firm’s up-to-date operation. |
lion offering. He said the suggestion came
{from Otis & Co. of Cleveland, for new car sales and service principal underwriter of the 900.- is constantly being studied to im{000 share issue which was with- prove efficiency in handling the large volume of business.
{drawn at the last minute. Cites Examples
Johnson Chevrolet Aims at Service
Owner Has long Record in Industry
Robert D. Johnson, president
The three-story building used]
Another function of its service
Later, Mr. Kaiser said, William t0 Chevrolet owners is the com- | Daley, Otis president, assured Plete body plant and modern him stabilization of the market|Paint shop. A new modern truck was proper. Mr. Daley gave ex- department is located at 1031 N. amples of stabilization activities Pennsylvania St. Equipment by other firms, Mr. Kaiser said. makes it possible to service any
The day before the new stock
was offered, Mr. Kaiser said, hia}
company spent $2,500,000 pur-|
(truck, no matter how high or how long its wheelbase.
Former Group President
chasing Kaiser-Frazer stock to! Fada. Johnson is past president of
prevent price fluctuations. Otis & Co. then withdrew the offexing. The Cleveland firm last night charged that the automobile company's stabilization activities were improper. Mr, Kaiser said today that he was “shocked and immediately alarmed” when the stabilization suggestion first was made, He said that no such move was made in connection with two other Kaiser-Frazer stock issues.
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a
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Student ‘ ROOFING AND Band Instruments INDIANA *R05ING 80. a Anvestigate Our Rental Plan ®
141 W. WASHINGTON ST.
| On Furs ME Cloth Coats nd Suits &. BISHOP-KAYE FURS * 2nd Floor—T7 N. Meridian
USE YOUR CREDIT AT VITO ISH SINN ES
CLOTHING COMPANY
|
131 W. Washington St.
IMMEDIATE APPLICATION
RI-1359
805 8. Capitol
JORDAN BROS.
CABINET CO. LT Delivery on All Sizes UILT-IN CABINETS
w. Our Large Display
J : 333 W. Washington St.
LOANS
THE INDIANA TRUST CO.
lB Wailingten St. Cor. Virginia Ave. & E. Wash St.
RE- WEAVING
OF MOTH HOLES—BURNS OR WORN SPOTS
LEON TAILORING CO.
Worth of Merchandise
ER |
——
285 Mass. Ave. ae Fes Bel”
rn le 129 W. WASHINGTON ST. |
FUR FELTS $5 & $7.50
Also Stetsons
No Money Down—3 Years to Pay
HARRY LEVINSON
Mlinois & Market 87 N. Pennsylvania
uto Trades Association and an
|active member of the Father-Son Club in Chevrolet Motors. His two sons, David and Paul, have been trained and have attended factory schools. Mr. Johnson and his son, Paul, both attended al} Chevrolet factory school con-|g ducted by Willlam Holler, general sales manager for Chevrolet Motors, together.
In the automobile business in
Indianapolis more than 31 years, Mr. Johnson has been a Chevrolet dealer the last 22 years. His firm nov. covers 125,000 square feet of | space, 90,000 under roof.
“With the vast amount of
transportation now on the road,”| Mr. Johnson says, “it is more im-|' portant that we protect lives and equipment . . we are endeavoring here at .Tohnson Chevrolet to give owners the
. and knowing this
most in our service to them.” » » »
CHEVROLET DEALER—Robert Johnson is president of Johnson Chevrolet, 1035 N. . Meridian St., up-to-date Chev“rolet dealer.
+3
Westminster Choi
TE To Sing Here
|
has complete remodeling of the store.
ter. 34th
showed slides,
“Healthiest Baby” awards were made at a health forum over the week-end in Morgan Health CenThe forum was part of the annual observance of national Negro health week by Alpha Mu Omega chapter of Alpha Kappa Alpha. Dr. Gerald Kempf, city health director, gave an address and Music was furnished by the Northside New Era | Baptist Church and the Senate Ave. YMCA quartet. Gold loving cups were pre-| ted to Frederick Evans III, healthiest boy, and Leona Steiner and Benja Waugh, who tied as healthiest girls. Those
ner, tos donating i services were CAS 3 L. Bim
tors Association in the North Clarence A, Luca
Methodist Church,
versity dean of music, and E. L.|
Ising.
| The Westminster Choir concert. | will be given at 8:15 p. m. Apr. 26 lin Caleb Mills auditorium at! Shortridge High School. Dr. John! Finley Williamson, its founder,|
will direct.
| Walt Disney's “Fantasia.”
#| Robinson is concert chairman.
NASHINGTOR
OVERHAUL
WASHINGTON CHEVROLET CO.
434 N. NMlinols
A dinner at 6:30 p. m. will pre-|™} cede the meeting. Mrs, Fred Iske,| Young, Mrs. Dr. Wilfred Bain, Indiana Uni- M
Krueger, IU church music depart-| “iment head, will speak. The North' Methodist Church Quartet will}
The choral group has toured {North America and Europe and | has done choral recordings for|
Tickets may be purchased in| the Gladys Musi¢ Shop or from Mrs. William Moon, 717 N. Emerson Ave. Mrs. Helen Thomas
City heaitn nurses Mabel MCcN:
WEST SIDE MOTORS, ,.. 2419 W. Washington M 1
receiving certificates were Marvin Madden and Selma | McFarland. Other contestants Blanop.
om T Plans for the Westminster Wiley Fletcher, f ishop, Fl Kath DeFrantz, Judie oT concert on Apr. 26 will be Pelee Paula oT me | completed at 7:30 p. m. tomorrow Ruth Ann Perkins, Eloise Rogers and
by the Indianapolis Choir Direc-!
land | Stein- | on,
-1 ' Shobe, William B. By Fr He Bins and Francis D, . Mame , Mrs. Eliza beth Scott, Mrs. Mugu, ‘Tirta eu Turner and rs. Grace Bryant,
FORD TRUCK SERVICE
Riley.
Personnel Women
. * 1 Plan Business Meeting A meeting of the Association pgeka of Personnel Women will be held at 6 p. m. tomorrow in the Hotel Mrs. Gwinevere Ham Os-
NEW FRONT — The Hoosier Paint and Linoleum Co., 211 E. Washington St. Behind the modern new store front are redecorated interior display rooms featuring furniture, rugs, linoleum, paints and a complete line of Philco and Crosley appliances.
‘Healthiest Baby’ Awards Made
|trander, Perfection Paint Co., will {be hostess. Following a business meeting iss Jeannette McElroy, ge Co., will lead a discus-|s sion of “Interviewing Techniques.” Miss Martha Robinson, Roebuck & Co., will preside.
|
COMPLETE. MOTOR
Meme We. $8Qs0
omen ~~ me we A Jn
Indiana's Oldest Credit Jewelers 103 N. Illinois St.
DODGE, PLYMOUTH
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DIAMONDS—-WATCHES
Watch Repair—— |
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OXYGEN THERAPY
i This Equipment Can Be Rented at
HAAGS 402 N. Capitol Ave.
Day Phone Mght Phone L L1-5363 BL-1818
| R-8341 3547 E. WASH. il Dodge and Plymouth Dealer
{
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$44 E. WASH. ST.
Hardware — Appliances
- Only KIRBY Has POWER POLISHER 9 r 74h
® WE BUY DIAMONDS # WOLF SUSSMAN
230 WwW, WASHINGTON ST. Established 48 ¥
See KIRBY for FREE Demonstration
COMPLETE LINE OF PARTS
0 \L
Th. . Rain should run
not through it. § |
HOWARD K. LEwss ROOFING CO,, INC. ©
312% KE. 25th St.
WHOLESALE AND RETAIL |
241 N. Delaware LI, 9988
| *PORCH ROOT CANOPIES ™ : *DOORWAY COVERINGS Remember — the First Cost is the Only Cost’
PAA Phone or Mail Coupon Today KOOL VENT—Aluminum Avi Call LI-3377—601 N. Pe
d FREE color booklet on
Please sen Kool Vent awnings,
cry
of the culprits.
LUMBER
BY PERIOR §
140) W. 30h
) UY LWORK BURNET-BINFORD LUMBER CO.
TAlbot 3315
YOU WILL BE AMAZED At the Liberal Allowance
BOCDA'S
* Will Give You for Your Car on New 1948 KAISER OR FRAZER
'BOGDA MOTORS
1018 N. Meridian
RL 9575
Open Evenings Till 9 P. M.
25.00 REWARD
BULLSEYE
your car
GET PLEASURE OUT OF SPRING AND SUMMER
DRIVING
For apprehension and conviction of several criminal furnaces known to be at large in this vicinity. the crime of burning homeowners money. checked by an experienced engineer and be sure it is not one Immediate attention to all.
Consolidated Heating and Air Conditioning Co., Ine.
2403 E. Michigan St. Phone LIL 8216
TUNE MOTOR
Tighten head Bolts Test Compression
Adjust Tappets
Clean and Adjust Points (new if needed)
Sot Timing
Tighten All Manifold Gaskets
Check Fuel Pump
Clean and Adjust Spark Plugs Tighten and Adjust Fan Belt
Road Test Car
15
If Carburetor Needs Overhauling
vh 90 Parts Extra
v.3IT INDIANA'S LARGEST AND MOST MODERN:
CHEVROLET DEALERSHIP
|N. Meridian St.
Paper
Sears
They are wanted for Have your furnace
M. L. Lynn. Operates ‘Motor Clinic’ More than 14 years of service with Chrysler is the record of M. L. (Bing) Lynn, service mana- | ger for Inland Motors, Inc., 1145
Mr, Lynn started with the DeSoto division of Chrysler in 1929 and has worked with the firm continuously since with the exception of five years as a factory service representative at Gen-} eral Motors.
i
INLAND SERVICE MAN.
Mr. Lynn is “chief diagnosti-) AGER—M. L. (Bing) Lynn is :cian” of what he terms his “mo-| ‘manager of the "motor clinic”
men with thorough knowledge of| cars make a. quick diagnosis and remedy auto troubles. One-Day Service Inland Motors offers a one-day | service for installation of a fac-| tory new motor in DeSoto, Ply-. mouth, Chrysler or Dodge cars. Mr. Lynn sums up the Inland service policy: “With the present shortage of transportation, it is more important than ever that present cars be made to do more and last longer, so we are ever vigilant for new methods and im-
tor clinic.” Under this system, of Inland Motors, Inc.
provements to build safety and economy of operation. Our entire mechanical staff lends itself to this school of thought at In-
land.”
More Miles For Spring and Summer With Our Service
Your Hudson Dealer.
RODOCKER MOTORS 2606 W. Michigan St. MA-1361
“You Must Be Satisfied”
FOR ANY NEW CAR SEE
961 N. Meridian RI-4428 Open Evenings
free of debt?
lation Plan In Action.”
Meridian at 30th
Aurtomaric
CAR-WASH
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OPEN DAILY
2000 pounds each. : The Rapids-Standard Co. Commerce Indianapolis
A NEW TRUCK OR AUTOMOBILE
HERTZ Driv-Ur-Self System, Licenses Call RL 788
"RENT-A-CAR, Ine.
Homie Owned snd Operated
GUARANTEED
ABELS AUTO CO.
1030 N. Meridian
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Is your home mortgaged? Would you like the assurance that in event of your death your family would have your home
Write or call today for the pamphlet, “The Mortgage Cancel-
INDIANAPOLIS LIFE INSURANCE COMPANY
TA. 1581
MINIT
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R Ring
7:30 A. M. to 5:30 P. M. SUNDAYS, TOO—8 to 3 P. M.
ONE DAY TO INSTALL A MOTOR IN YOUR
DeSoto - Plymouth - Chrysler - Dodge
Not Reconditioned—Factory New!
Fabia RAR Sm ae
NO DOWN PAYMENT — [2 MONTHS TO PAY
INLAND MOTORS ™*..i™ LI-6544
~
TIME TO GET YOUR SPRING SERVICE
— LOCATIONS suspen
Side Chevrolel J
MONDAY,’ ive 70ar 6 Is Fatal
Local N
priver Thi Auto to |
Five persons traffic accidents where in India week-end. One © Indianapolis MAR Ira Ww. Ha gkwood Ave Her, was killed tne car he was with one driven Kincaid, 43, of Jersey St. The a at 38th St. and Mr. Hadley die fracture of the sl of being thrown the pavement. | nurse at Billings ] with only minor Rites We Funeral service will be held at 1 day at the Olive 1] Church. Burial ington Park Cen He is survive Mrs, Iva Mae Hz Donald Hadley, . Leo Mont Evansville plum] to death yesterd collided headon by George Helfr 41 south of Eva Harold Fraze (Bartholomew C terday after ti which he was dr Police said the the Hartsville F
of Ind. 9. A | Perry, 15, Hope, shock.
Cecil Menning er, was killed St car was struck Central train & Lake County. Dies in Doral E. Hass {n an Anderson night of injurie his car skidded near Emporia. Three persons night, but not driven by Rus: 23, of 98215 Stil into two parked block, Brookside Richard Hocke Ninth St., and . of 1214 E. 8t. CI Mrs. Elzora 2132 N. Olney St night. The car ridifg with Ken the Olney St. with a car drive bers, 37, of 536 Albert Hahn, 16th St., was | when riding a motorcycle ski and threw him St. and Sheffiel
AWARD $7120 The Marion sioners today contract for children’s gua Berling & Son
Watch
Accurate - Quick Service
*Wolf S 239 W. ©
use all ains are eq [diesel-powered road is not afl government ol nger train s hedules will ual,
THE HC
