Indianapolis Times, Indianapolis, Marion County, 13 January 1950 — Page 16
3 Nobby e518 M Millon
; Ah [a two to 10-year prison term for| St A oud nd guilty. ort. JOR Collections in +f move. But posting up Samuel Winteid 5, March to Repay Loan
and taking three pennies from, The City today accepted a loan!
pry h ee nt his pocket. |of $1,810,000 from six Indianapo-| back door and Simpson has served a term in| lis banks to defray operation ex-| A where he called police. jo | Leavenworth for car theft and penses through March. of robbers lost their nerve a. has been arrested seven times in/ The loan was advanced against fled without getting a cent. ithe last 10 years, police said. |tax receipts which the City will] : | receive from the County Treas-|
lurer’s office between Mar, 15 and! { Apr. 1. Payments on the loan, plus | interest, will be made at that |time, City Controller Phillip L. | Bayt said. The City operates on {this basis requiring semi-annual on he explained. The loan is for 135 days at n-] {terest rates between 1% to 1% | per cent, he said. It is borrowed |against a total city budget of more than $16 million, | Panks participating, each supplying one-sixth of the sum, are {the Merchants National, Indiana National, Fletcher Trust, Ameriean Nationat, Union Trust and Indiana Trust Co. _ Divided Six Ways The money will be divided 'among the City general fund ($1.1 ‘million), firemen’s pension ($175,-| 000), police pension ($125,000) {and public health. hospital gen-| {eral fund, tubérculosis prevention fund and school health ($410,000). Next mon*h the sanitation! {board will seek approximately [$825,000 until tax money is received, Mr. Bayt said.
Attempt to Wreck | 2 Trains Reported |
CHICAGO, Jan. 13 (UP) — {Northwestern Railroad ‘ officials | reported today that a deliberate! attempt was made to wreck two) fast passenger trains as they en-| {tered Chicago. The Twin Cities 400, en route| from Minneapolis, and the Val-| ley 400, bound here from Green, Bay, Wis, plowed info piles of heavy switch bars, pieces, of rail! angle irons and other ’mainte- _ |nance pment (NGPen Hier! Mr sli ed Ns “Itracks, However," and Wo TE gers aboard the Twin Cities” 400! and 170 aboard the other train were injured. The trains ground to such quick stops that they skidded, flattening more than a score of wheels. | Alr reservoirs under one diescl locomotive were punctured. Railroad agents and police” investigatiing the derailment attempt said the track material was taken from a padlocked maintenance shanty alongside the tracks and placed deliberately on the, rails.
Recess McGuire Trial Pending Sanity Test
viee GREENFIELD, Jan. 13—The murder trial, of Thomas B. Mc--\Guire, 22-y painter, was adjourned until Mon-| day today pending a sanity test: for the defendant. McGuire is on trial in Greenfield on a change of venue from Marion County for the fatal shooting of Robert Brown, Indianapolis - tavern ' operator, last July 8. He was to be examined by a, panel of physicians at Methodist Hospital In Indianapolis this aft-| ernoon. |
200 PERILED BY CRASH YPSILANTI, Mich, Jan. 13 (UP)—A speeding freight train rammed into a parked auto just outside the New York Central | station today and shoved the car | into a crowd of nearly 200 waiting passengers. Only one man was {injured in the freak accident.
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