Speedway Flyer, Volume 32, Number 6, Indianapolis, Marion County, 7 February 1963 — Page 6

Page 6

ECTATE lAI A kITt DO YOU WANT ALL CASH FOR YOUR SPEEDWAY PROPERTY? list your home with EC r MM I Fj I MM I F WW MMIw I FEM US. (3 BEDROOM HOMES ARE IN DEMAND.) please call your speedway realtors. HERMAN GREENWOOD .... ... IMi MALCOLM E. McARTHUR CHapel 1-3373 4BJU W. 1 Dill ST. CHapel 1-0344

CONVERT YOUR OLD FURNACE TO AUTOMATIC GAS HEAT "ASK TO SEE THE LENKOX‘GLO-RIXG’GAS CONVERSIONURNER” dison Heating & AIR CONDITIONING 3001 W. Michigan St. ME. 4-4550

SCHOOL NEWS (Continued rrom page 1) Grove, There, 6:45 p.m. February 22, Basketball, Center Grove, Here, 6:45 p.m. February 27, Sectional Basketball Tourney. The following high school students received first division ratings at the solo and ensemble contest held at Tech High School last week: Richard Adams, Susan Hayden, Nanette Heady, Nancy Kern, Karen Knoebel, Jane Robards, Mimi Stout, and Brenda West. Junior High pupils receiving first division were: Karen

DISTINCTIVE FROM EDRIOfS “ARROW” WHITE Ai 11 SHIRTS *A- 5 ° AND up “ZIP-UP” CARDIGAN JACKETS ge *l4” > “BUnON-UP” K CARDIGAN /fB SWEATERS «« 51A.95 I AND up TIES lift $1.50 &$2 50 iSSfc MENS WEAR Speedway Shopping Center 5910 CRAWFORDSVILLE ROAD CHapel 4-8662 OPEN MONDAY thru SATURDAY 10 AAA. to 9 P.M.

Brown, Marly Glidewell, Linda Hackett, Kathy Koehl, Ann Kojola, Carmen Secrist, Vicki Sherfick, Alice Smith, and Jean Walker. Basketball results last week were: Plainfield varsity 64, Speedway 48 Speedway reserves 54, Plainfield 39 Mooresville Freshmen 34, Speedway 32 Speedway 7th Grade 28, Mooresville 26 Mooresville Bth Grade 34, Speedway 32 Lawrence Bth Grade 39, Speedway 30

THE SPEEDWAY FLYER

M C CORMICK LUMBER CO., Inc. Only Comp/eto Stock of Ktfn Dried Lumber in Town 702 Norih Tfebs Avenue

LIBRARY NOTES The High School Library is open four evenings each week for the convenience of students and adults of Speedway. Hours are from 6:30 to 9:00 Monday through Thursday. These titles have been added recently: North, Sterling—Captured by the Mohawks Peffer, Nathaniel—The Far East Lewis, Sinclair—Babbitt Gault, William—Mr. Fullback Gault, William —Speedway Challenge Scientific American Twentiethcentury bestiary Saroyan, William—Human comedy Ripley, Robert—Believe it or not Holmes, Marjorie—Saturday night West, Jessamyn—Friendly persuasion

SPECIAL NOTICE! Due to the closing of the Speedway Pharmacy, 5328 W. 16 th Street, the handling of their prescription refills has now been assumed by Rosner Drug Store at 1564 Main St. Rosner’s offer free pick-up and delivery service for prescription customers.

c,° F The Hoosier / ► who refasedZ A to be President / aMMnitek z . - / / BHIII MEKikfii 4 rMI Batik. IWm & - u * pMMH/ ujf| 1 M W THOMAS RILEY MARSHALL. WW£-i S W * BORN. 1854. » t Wj i; |* » NORTH MANCHESTER. INDIANA v

October, 1919. Woodrow Wilson lay stricken. The White House was shut off from the nation by a veil of mystery. The President’s condition was concealed from the public, from Congress, from members of his cabinet. Even Vice President Thomas Marshall was not permitted to see or talk to him. But there was talk up on Capitol Hill. Amidst the whisperings emerged a project to declare the President incapable of carrying on his official duties, and to elevate Marshall to the Presidency. But Marshall refused. To consider such a step without the urging of the President himself was unthinkable. He remained loyal and devoted to Wilson. At a time when Marshall might have gained a lasting place among the nation’s Presidents—by a simple nod of his head. They should have expected this of Thomas Riley Marshall. For he never outgrew his faith in God and man. He never put ambition ahead of fair play. But, for all his idealism, he was never stuffy. He kept his gift for plain speaking and delightful wit (“What this country needs is a good 50 cigar!”), throughout a career as lawyer, Governor of Indiana and two terms as Vice President of the United States. Tom Marshall was bom in North Manchester in 1854, the son of a country doctor. And he sometimes went on horse and buggy calls in the country with his father. Just imagine what a help today’s modern telephone system would have been to Tom’s father. How such fast communication would have saved so much time—and so many lives. Now there are other communication aids. Answering-recording sets that can answer a doctor’s phone and record the caller’s message. Car radio-tele-phones that can keep him in touch with office or hospital. Yes, doctors—and most everybody else for that matter—depend on some sort of telephone service. And it is so fast and efficient that you take it for granted. For there are some 8,000 Hoosiers working hard to keep it that way. The people of Indiana Bell are determined to maintain your telephone service as the finest in the world. And the best is yet to come.

ANNUAL REPORT - TOWN OF SPEEDWAY (Continued from Page 1) Disbursements Town Trustees $ 2,000.00 Clerk-Treasurer 2,157.57 Office Supplies and Expenses 3,743.17 Legal Expenses (Compensation Town Attorney) 7,990.00 Repairs to Equipment 3,991.56 Rent of Property and Equipment 6,442.04 Premiums on Officials’ Bonds 230.00 Insurance—All Kinds 8,733.16 Salaries of Marshal and Deputies 68,396.19 Compensation of Firemen 42,333.58 Water Supply and Hydrant Rentals 28,125.00 Street and Other Public Lighting 31,960.95 Dues, Subscriptions and Misc. 298.68 Garbage and Trash Removal 20,686.77 Other Supplies 6,464.75 Traffic Light 7,667.00 Bridges and Drainage 340.85 Lost Interest on Barrett Bonds 460.71 Engineering 14,623.28 Repairs—Buildings, Structures and Levee 897.43 Zoning and Civil Defense 1,887.35 O.A.E.l.—Employer’s Share Only 3,506.23 New Fire Station and Equipment 99,008.91 Inspections 2,045.36 Equipment 5,214.32 $369,204.81 Balance December 31, 1962 $ 60,372.75 STREET FUND Receipts Balance January 1, 1962 $ 6,594.26 General Property Tax $24,409.83 Gasoline Taxes and Motor Vehicle Fees 67,024.42 Streets Cuts 365.00 Refunds and Transfers 41,929.41 133,728.66 Total Balance and receipts $140,322.92 Disbursements Construction $43,475.00 Maintenance 32,645.00 Equipment 2,350.90 Administration 4,988.76 Supplies and Material 14,190.48 Drainage 662.67 Repairs to Equipment 992.73 Refunds and Transfers 40,772.20 $140,077.74 Balance December 31, 1962 $ 245.18 RECREATION FUND Receipts Balance January 1, 1962 $ 6,653.79 General Property Tax $15,965.20 Refunds and Transfers 189.94 16,155.14 Total Balance and receipts $ 22,808.93

...IT’S FUN TO PHONE Xgjft LONG DISTANCE! What a wonderful way to keep in touch. it*s the next best thing to being there in person. No need to wait for a special occasion—someone.somewhere.would be thrilled to hear your voice right now. And remember, long distance calling is more convenient—more economical, than ever before. Hoosier Night Rates apply if you’re calling station-to-station and within the state, after 9:00 p.m.—every night in the week. Then you can talk twice as long and it costs no more. Try a can tonight. INDIANA BELL 21,000 Hoosiers Share in the Ownership of the Bell System

Disbursements Operating Expense $12,099.53 Equipment 6,348 $ 18,448.19 Balance December 31, 1962 $ 4,360.74 BOND SINKING FUND Receipts Balance January 1, 1962 $ 613 22 General Property Tax $25,308.39 Refunds and Transfers $25,215.00 $ 25,215.00 Total Balance and receipts $ 26,303.96 Disbursements Refunds and Transfers $25,215.00 $ 25,214.00 Balance December 31, 1962 $ 1,088.96 SANITATION WORKS OPERATING FUND Receipts Balance January 1, 1962 $ 21,277.59 Earnings and Collections $ 82,997.65 Sewer Taps 2,607.30 Investments and Interest 280,000.00 Refunds and Transfers 12,523.60 378,128.55 Total Balance and receipts $399,406.14 Disbursements Operating Expense $ 86,508.96 Construction 7 376.26 Equipment 829.32 Investments 297,909.93 Refunds and Transfers 12,638.11 $405,262.58 Balance December 31, 1962 (Deficit Balance) $ 5,856.44 SANITATION WORKS DEPRECIATION FUND Receipts Balance January 1, 1962 $ 20 194.44 Earnings and Collections $ 6,000.00 Investments and Interest 120,000.00 126,000.00 Total Balance and receipts $146 194.41 Disbursements e Investments $143,996.27 $143,996.27 Balance December 31, 1962 $ 2,198.17 SANITATION WORKS SINKING FUND Receipts Balance January 1, 1962 $ 17 590.19 Earnings and Collections $51,866.69 Investments and Interest 40,000.00 91,866.69 Total Balance and Receipts $109,456.88 Disbursements Investments $39,720.20 Refunds and Transfers 46,075.00 $ 85,795.20 Balance December 31, 1962 $ 23,661.68 SANITATION WORKS PLANT IMPROVEMENT FUND Receipts Balance January 1, 1962 $ 14,926.66 Earnings and Collections $ 6,000.00 Refunds and Transfers 1,560.15 7,560.15 Total Balance and receipts $ 22,486.81 Disbursements Operating Expense $ 141.93 Construction 3,693.40 Refunds and Transfers 1,560.15 $ 5,395.48 Balance December 31, 1962 $ 17,091.33 BARRETT LAW FUNDS Receipts Sewers Contractors Delinquent and Drains (Non-waivered) and Deficit Balance on hand January 1, 1962 $16,592.55 $ 6,903.55 $ 204.85 From Assessments 5,189.36 539.64 From delinquent Interest and Penalties 14.38 16.24

Total Balance and Receipts $21,796.28 $ 7,443.19 $ 221.09 Disbursements Paid on Bonds $ 6,211.35 Interest on Bonds 1,358.38 Interest on delinquency 11.24 Total Disbursements $ 7,580.97 Balance December 31, 1962 $14,215.32 $ 7,443.19 $ 221.09 Barrett Law Bonds Outstanding Bonds outstanding January 1, 1962 $28,623.39 Bonds retired 1962 6,211.35 Bonds outstanding December 31, 1962 $22,412.04 BOND REDEMPTION FUND Receipts Balance January 1, 1962 $ 1,366.25 Refunds and Transfers $71,290.00 $ 71,290.00 Total Balance and receipts $ 72,656.25 Disbursements Bonds Paid $42,000.00 Interest on Bonds 29,380.00 71,380.00 Balance December 31, 1962 $ 1,276.25 PAYROLL FUND Receipts / Balance January 1, 1962 $ 1,293.16 Refunds and Transfers $268,618.69 268,618.69 Total Balance and receipts $269,911.85 Disbursements Refunds and Transfers $262,994.60 262,994.60 * Balance December 31, 1962 $ 6,917.25 WATER WORKS OPERATING FUND Receipts Balance January 1, 1962 $ 36,365.08 Earnings and Collections $130,919.23 Rents 7,417.47 Developers Deposits 569.90 Refunds and Transfers 762.27 139,668.87 Total Balance and receipts $176,033.95 Disbursements Operating Expense $69,486.94 Construction 35,135.09 Equipment 9,440.75 Investments 44,704.20 Refunds and Transfers 13,381.50 $172,148.48 Balance December 31, 1962 $ 3,885.47 WATER WORKS DEPRECIATION FUND Receipts Balance January 1, 1962 $ 42,714.22 Earnings and Collections $ 9,836.61 9,836.61 Total Balance and receipts $ 52,550.83 Disbursements Investments $44,704.20 $ 44,704JG> Balance December 31, 1962 $ 7,846.63 GENERAL OBLIGATION BONDS OUTSTANDING Issued—lß4B—School Aid $ 9,000.00 Issued—l9s3—Municipal Issued—l9s7—Municipal 27,000.00 Issued—l962—Muncipal 100,000.00 REVENUE BONDS Issued—l9s4—Sewage Works $725,000.00 Total Funds held December 31, 1962 $144,967.57 Total Bonded Indebtedness at December 31, 1962 $916,000.00 Ray L. Oeth, Clerk-Treasurer

Thursday, February 7, 1963