Indianapolis Times, Indianapolis, Marion County, 3 February 1952 — Page 9
B. 3, 1952
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SUNDAY, FEB. 3,41052
Kingan Stockholders Fe With Dilemma
By HAROLD HARTLEY insisted Mr. Times Business Editor Kingan’'s 1¢t the boom down on|on its feet. _ its president H. Frederick Willkie| © yesterday.
Committee wh 0
to" stockholders, said! ing Kingan's to thé cleaners, and the board was lined up behind] set up figures purporting to show him, and would soon meet to fire it, . Mr. Willkie, point blank, and re-| my. compagy s statement attackfe
move him from the board. Mr. Sinclair asked for the sup-| |ing Mr. W was signed by
port of stockholders and their |
votes for the annual meeting Feb. 2%
board. The dilemma came from two | apparently conflicting statements This left stockholders hanging| om th Torn of a question mark, {about Mr. Willkie, and both were
with three proxy blanks in their | 8ned by W. R. Sinclair.
| Willkie was putting the company ov
The third was mailed yesterday] ': by the Kingan management who! % * W. R. Sinclair, chairman, in a sald Mr. Willkie was rapidly tak-| s "statement
| W. R. Sinclair, chairman of the
. York,
© munities which rushed men and
hands. Another From Sinclair The first proxy was mailed by| the management of W. R. Sin-| management, issued shortly after| clair Jan. 15, Mr. Willkie was stripped of — Willkie Faction Next authority (late November), sald: The second was mailed along, .TProvements (by Mr, Willkie)
success of the management of erties, products have been imH. Frederick Willkie, president Proved, new products have been
who had been unthroned, but not 8nd are being developed, an ad-.—A 5214-ton Liberty ship, the bartender vertising program has been un- 88 Cape Corwin, publicity without a erew in Pass a Loutre,
untitled, on Jan. 24 from New : dertaken to extend the It was signed by three members of Kingan and its products® and
of the Independent Stockholders on a broad national basis, labora 1
Fire Loss Estimated At $1 Million
By LLOYD B. WALTON Times Staff Writer
|ated program, a personnel pro-| {people and psychometric festing|
more positive means of assessing| |t | values. “The means taken to undertake. this program were expected to! |cost ‘money. The expenditures CRAWFORDSVILLE, Feb. 2—|made have resulted in improved Fire ghtted three a conditions and. Kingan is in a business buildings and caused more sound condition as the renearly §1 million damage before sult. All of Willkie's projects had it was subdued here this after-'the general approval of the! noon. board.” 2 Firemen from: Crawfordsville] Then under the same signature, and ‘seven other .communities— stockholders point out, Mr. Sin-} including Indianapolis — fought clair yesterday denounced Mr.| the raging flames more than Willkie’'s management as running three hours. {the company into debt and “would _The firemen—about 150 strong have inevitably led to impairment —spaked the flames into submis- of the company’s sound financial sion shortly after noon. They condition and its credit.” rushed to the héart of this city! The last statement from Mr. from as far as 44 miles away. {Sinclair set up figures to show Fiames which leaped 100 feat 'that Mr. Willkie had shot well above the burnin g buildings over a million from the company’s threatened several other struc-| cash till and had thrown the comtures—including a ‘Catholic grade pany into the red in nine months. school and church, an apartment; Willkie sponsofs pointed out house, a dairy and warehouse. [that both statements came from everal thousan rsons, most $he same management, but they Bhi housing pe uli sd |said exactly opposite things about Saturday shopping, watched the the Willkie administration. dramatic battle. Close observers point out the
Flames Spread Quickly |essence of a tough. legal battle,
| cash damage basis, if the Gutted by the blaze were three 2D 2 two-story buildings on Pike St. |Vilkie- SPORSOFINE group should half a biock from Main St. They f2il to win contro corer more than half a block. ! L ; ames struck first in the " Yar Montgomery - Ward warehouse. NEW! Hi | TELEVISION! : They spread quickly to the ad- | joining Hillsdale Manufacturing : | Co., then jumped to the Indiana Printing Co. About 50 auxiliary firemen from Crawfordsville aided the regular crews. Besides Indianapolis, com-
equipment to the scene were Covington, Danville (Il1l.), New Market, Linden, Advance, Browns 3 burg and Veedershurg. 1
's MOST DRAMATIC SHOW! EVERY WTTIV yu
Wedemeyer Won't Run
SUNDAY MILWAUKEE, Wis, Feb. 2 (UP)—The head of the national!
Draft MacArthur Committee said! The McGURK AGENCY
today that Gen. Albert C. Wede-|. + meyer has declined to enter the Wisconsin presidential primary as a favorite son candidate pledged to Gen. Douglas Mac/ MacArthur.
TWO TV STATIONS
Indianapolis Area STARTING TODAY.
See Us for Details
Indiana Headquarters for
“MUTUAL of OMAHA” We profect you against the unexpected.
The first statement from the ‘and guest lecturers will teach.
Liberty Ship Adrift
with a detailed statement of the NAVe been made in physical prop- Following Storm
tory services have been broadened neat the mouth of the Mississippi to provide services on an acceler-| River, today:
{gram has been started to_ train out of mothballs at Mobile, Ala., nas been utilized and adopted for | ling towed to New Orleans when cluding six barmen
storm last night.
Ae
: THE INDIANAPOLIS TIMES Salas You Can’ t Flunk These Courses.
‘Dr. Crull
Prof. Coulson Dr. King
A school that youth dreams slow- learning. child, about is held this semester at for the aged, group living and Butler. University. It's for adults star study.
edge and understanding. There King, Dr. James are no examinations, no grades; Harry E, Crull, Dr.’A, D; Beeler, no required reading . .. but no Prof. H. H. Hawkins, Dr: Paul A. credit, Butler faculty members Cundiff, Dr. George G,
Courses include help for the Juna L. Beal.
| Cocktail of Cocktails
NEW .ORLEANS, Feb. 2 (UP) LONDON, Feb..2
was
00 miles south of New Orleans, of a French aperitif,
which was taken orange. Mr. to be refitted for service, was be-| testants from
The vessel, : 2 Jones defeated 373
line broke during a Angeles who | the first round of the test.
WATCH
; ges
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showing the exact time of your payment.
ments on accounts will be refunded to Days” Time Receipt (showing payment was - along with their cash sales receipt . C. O. D. transactions will’ qualify. All clai 10 days from date. of transaction.
alte
pr. Pooling oe Work begun in 1048 with Boeing fighter planes wherpg the primary adjustments tomatic’ pilot manufacturers. Instructors — Prof,
who want to broaden their knowl- Roger W. Coulson, Dr. WIliam fying at speeds of Peeling, Dr.
Storey, | | Dr. BE. Robert Andry and Prof,
British Barkeep Concocts jet” medium bomber in the 600-| ~—
(UP)~—Britigh better automatic pilot John Jones won the!would react more quickly to. a adrift international cocktail champion- bembardier's move after the hu-
ghip here today with a concoction South
African liqueur, British vermoutn and maraschino with a slice of pilot, it was found that too much
~on-to make a few degrees’ - 25 countries, in-/ing change. from T.08! were eliminated in designed by Boeing engineers for
Half four” |
ANNOUNCED EVERY AY
One Day You Buy or Pay—The Next Day “ie
When’ you make a cash payment at Peoples you will be given a Time Receipt .nounced each day for the previous business day. If the time stamped on your
Time Receipt is in the “Magic Half Hour”. .. you get your money back. All 4 cash payments for cash purchases, down payments, layaway payments, or pay-
. .or_payment book. No Phone, Mail or
- §
Iron Mike on Jets Lets Pilots Pinpoint Shots
. By United Press © can ake a tive-degree change in| WASHINGTON, Feb. 2 — Jet| re {n Jess than half the time bombers, flying almost. three ipan with ‘the “standard pilots.” times as. fast as World War II|" Ong expert explained ft fs the
bombers, can drop their missiles|qitterence between “tight” and ‘with even more accuracy through “1nose” controls. te use of a new automatic pilot, | Cost $250,000 the Air Force said today. | “The “loose control Is The pilot is the product-of«joint on commercial aircraft
used | and [Airplane Co., engineers and au- object is to give the pilot some reat. This type of control changes The World War II bombers, the @ plane's course gradually and) B:17's and B-29's, bombed while gently, 200 to 250 But with bombers it may be T™ hey were necessary for the bombardier io “stand. Make a sudden change in course. ard” automatic pilots. {during the bomb run after. the human pilot has turned the autoNeed Urgent matic pilot over to him. With" a { The post-war B-50's came along «pian» automatic’ pilot control, | with top speeds of 400 miles an {he can make sharper, .quic ker! hour. Then came the B-47 “Strato-/ maneuvers.
miles an hour, equipped. with so-called
{mile an hour class, | The need became urgent for al one -that
VA c CCINATIO TION
NO! NECESSARY!
FOR VACATIONS IN
HAVANA and JAMAICA
man pilot had turned the automatic pilot over to the bombardier for the homb rum. : With the standard automatic
time was needed for the aircraft head-
~~ CHICAGO &
With the new automatic pilot
SN RL Td
LLNS fT
the B-47's,
FOR
a . bombardier .now
{ =
r money hack!
A “Magic Half Hour” will be an-
customers presenting their” “Refund made during the “Magic Half Hour")
2
ms for refund must be made within
ya
WHAT AR
E THE MAGIC HALF-HOURS"?
i A "MAGIC HALF HOUR"
* ANNOUNCED EVERY
locked in their Yoult until day of its announcement,
“ Ne DELAWARE AT ARKET Saad
NO ONE KNOWS_YET
LISTEN TO RADIO STATION WXLW 12:30 NOON
FOR THE PREVIOUS BUSINESS DAY £ and Posted in PEOPLES STORE a
“iy The Merchants Armored Car Service has determined a "Magic Half Hour" i “for each day bya fair, impartial method that guarantees absolutely no one knows any "Magic Half Hour” until the day of its announcement. ‘Each “Magic Half Hour” has been sealed in an envelope ond vill be kept ih
‘Ratund Divs wil ead not later than March 1. 188
~ oPEN MONDAY. NIGHT ™ >
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