The Daily Banner, Greencastle, Putnam County, 8 January 1935 — Page 4

THE DAILY BANNER. GREENCASTLE. INDIANA. TUESDAY, JANUARY 8, 1953.

Oil Regulation

Is Held Invalid

St’PKKMIC (OI'UT SAYS NR A FAILS TO PI T SI'FKICTENT (T ims ON I'UKSIOLNT

WASHINGTON. Jan. 8, (UPi National industrial recovery legislation to regulate the oil industry was branded unconstitutional yesterday in the first test of such policies to come before the supreme court. The court held section 9c of the NRA an invalid delegation of legislative power to the president which could not be contenanccd under the constitution. While at first appearing a smashing criticism which might be levelled at much other recovery legislation, this feeling changed when it was noted in the opinion, read by Chief Justice Charles Kvans Hughes, that the section fell because it carried no sufficient restriction on the power the president might exercise. The court also steered carefully clear of any attempt to pass on the section of NRA which authorizes the promulgation of codes of fair competition. In fact, it was noted that provision is made in this section that specific findings of fact should be made before a code is promulgated. The dissenting opinion of Justice Henjamin Nathan Cardozo, only member of the court to disagree with the findin;;. 1 ! of the majority, also pointed out that there was no question of the competence of the congress to delegate legislative power to invest a code with the force of law. He also pointed out that there was no question of the power of congress to regulab production. Donald R. Richberg, executive di-

rector of the national emergency council, today warned against using the opinion for "the purpose of prophesying what the court may or may not decide in oCfier cases upon a different matter." He added that the supreme court had not passed upon codes of fair competition "even by implication.”

"Those who believe in the constitutionality of the national industrial recovery act as a whole and in the general validity of the administration of the act and of codes approved thereunder have no reason to feel disturbed by this opinion," Richberg said.

INDIANA SETS RECORD FOR HIGHWAY SAFETY

Indiana has made an outstanding record toward increased highway safety during 1934 according to statistics which have been compiled by the Travelers Insurance Company. Records from forty-five states outside of Indiana disclose that during the first nine months of 1934 there has been an increase in fatalities ofj 16.54 percent over the corresponding period in 1933. The increase in Indiana for the same comparative periods was but 2.15 percent and was exceeded by but eight states in the Union.

Oil Administrator Harold L,. Ickes said an attempt would be made to control production through other provisions of the petroleum code. He forecast that the next step by the oil interests would be to challenge constitutionality of the code itself. He was not worried about the outcome, pointing out the code was held constitutional in a federal court decision in California in which the Wilshire Oil company was involved. The first result of the decision yesterday. Ickes said, wdll be to .abolish the federal oil tender board set up under the NRA in Kast Texas to control "hot” or illegally produced oil. By granting interstate commerce shipment permits, the board automatically passed upon the legality of all oil produced in this section. The cases were appealed to the court by two groups of east Texans composed of producers ami one refiner. They challenged orders which required that they keep records of I their production and the disposition of their product and regulations which gave government and state agents access to their books.

It is felt that a portion of this fine showing must be due to the safety program put on by the State Highway Department of Indiana in the widening of shoulders, culverts and bridges, the elimination of curves and by the general campaign for more safe and sane motoring. Indiana’s neighbor states disclose shock ing increases in fatalities for tht period covered above. Illinois shows an increase of 24.55 percent, Michigan 21.13 percent, Ohio 15.35 percent and Kentucky 38.05 percent. The comparison of these figures with Indiana's record makes that of the Hoosier state all the more impressive.

It is the belief of the highway department that the newspapers of Indiana have been effective factors in putting over this safety program. There has been widespread editorial comment and the news columns have carried many stories urging more cautious motoring. With New Year ahead of us and resolutions quite the thing, may the motorists of Indiana make some resolutions even though they only stick

International Army Patrols Saar for Plebiscite

to a few of them. "Don'ts" which should always be observed: Don’t pass a vehicle on a curve. (You may be killed or you may kill someone). Don’t pass a vehicle going up hill (This practice has cost many lives). Don't operate a motor vehicle without proper lights. (Many accidents result from it). Don't drive your car with defective brakes. (You may have a collision). Don’t park on the travelled section of any highway. Don't try to pass a car when you haven’t sufficient clearance. Don't drive "beyond the common safety” as the Canadian law expresses it. Don’t be in such a hurry. Ten miles an hour slower speed is more apt to get you to your destination in safety. Remember—Keep your car under control at all times. Observe all caution and warning signs erected at tremendous cost for the protection of the motorists. Be considerate of the lives and safety of other motorists. Drive sensibly at all times. Don't attempt to drive a car whil< under the influence of liquor, or rid<’ with a driver who is intoxicated. Do you know how to properly signal ? Few motorists do. If you arc turning to the right, your hand should be pointed upward or inclined to the right. For a left turn yom arm should be in a horizontal posi tion with index finger pointing to the left, and for a stop, your arm should be extended pointing to the ground, moving the arm up and down slowly. Recognize that 96 people are Wiled in this country every day and that more than 3.000 are injured. Try not to be one of them in 1935. If you will observe the above suggestions, talk them over with members of your family and then follow them, Indiana's toll of 1200 dead and 30,000 injured in 1934 will be reduc ed to 600 dead and only 15,000 injur ed in 1935. Indiana will then lead the nation with a fine record toward pre vention of accidents a record -well started in 1934.

FEAR MAJOR MARINE DISASTER SAN PEDRO. Cal.. Jan 8, <UP> A major marine disaster in which the British tanker Le Cresenta sank with nl hands was feared today after receipt of a wireless message by the

An<i-Gcrman propaganda being distributed in Saarbruacken.

With nn international army of Swedish, British, Dutch and Italian soldiers patrolling the territory, a militaristic atmosphere hangs over the Saar Basin preliminary to the plebiscite on Jan. 13, when the residents will decide whether jurisdiction of the district will be maintained by the League of

Nations; returned to Germany or annexed to France. The international army, the first of its kind ever assembled by the league, has been assigned the duty of carrying out the league’* obligation to guarantee a "free, secret and trustworthy” vote on the question.

Hope to Find Unknowns With New Observatory

With the completion of the new obsefvatory on Fulomar mountain, near San Diego, Cal., astronomers hope to learn many things which can be applied to modern living. What science may be able to find with the new 200-inch mirror for the observatory, now annealing at a Corning, N.«Y.,

glass works, astronomers are unable to state, but they believe it iVill enable them to make discoveries not even remotely suspected as possible at the present time. The new observatory, to be the largest and most efficient in the world, is expected to be ready for uso by 1940.

Charter No. 656 Report of Condition of the Fillmore State Bank of Fillmore, in the State of Indiana, at the close of business on December 31. 1934. RANKING ASSETS Loans and Discounts $70,186.15 Overdrafts None Bonds and Securities Guaranteed by the U. S. Government 4,850.00 Other Bonds and Securities 2,102.73 Banking House $1,500 Furniture and Fixtures $500 2.000.00 Other Real Estate Owned 7,205.84 Cash on hand and Balances with other Banks 50.099 60 Total Ranking AsspIm $136,111 3.’ BANKING LIABILITIES Demand Deposits Individual $46,390.88 Time Deposits, including Time Cert of Deposits 20,476,48 Savings or Thrift Deposits 2,090.33 U. S. Govt, and Postal Savings Deposits None Deposits of the State and Political Subdivisions 22.447 54 Deposits of Other Banks, and Certified Checks None

Total deposits

(Items 12 to 17) $100,405 43 Reserves for depreciation and losses $7,434.14 Other Liabilities (Itemize below) None Total Ranking LluhlllUm $107,839.57

Capital Account:

Total Capital $25,000.00 Surplus 2,400.00 Undivided Profits Net 1.004 75 Debenture Retirement Fund 200.00 Total Capital Account $28,604 75 Total Ranking Liabilities And Capital Account $136,111.81 * "Includes proceed* of $12,000.00 of debentures sold to the Reconstruction Finance Corporation, and $5,000 of debentures sold to local interests, which debentures are subordinated to the rights of creditors and depositors" Included in Ilians and Discounts are Loans to Affiliated Co’s None Included in Other Bonds and Securities are Shares to Affiliated Companies . None Included in Deposits are First Lien Trust Funds None Included in Total Deposits are Deposits Secured by Loans and, or Investment* None Loans And Investments Pledged To

Seeure Liabilities

U S Bonds and Securities Other Bonds and Securities

Loans and Discounts

(excluding rediscounts) Total Pledged (excluding

rediscounts)

Pledge! to Secure:

a U. S. Govt, and Postal

Savings Deposits b. Public Deposits c (ither i lipmttg

d Borrowings (excluding

rediscounts)

e. Other Purposes

T tai Pledged ...... STATE OF INDIANA, COUNTY OK

PUTNAM. SS:

I. A H Hunter. Cashier of the

None None

None None None

Dcniorrals Have Victory Dinner

PETER AT

IIOl.SAPPLE HONORED LARGE W ASHINGTON fW p. MEETING

Copyriyht, Capt. O. .4. llancocl Here is one of the fnvt photos of the mystery tragedy on Golap i/os islands to reach the I nited States. It shows the widow and infant son of Nuggoruud, who.-i decomposed body w i ■ fouml with that of Paul Lorenz under inj - terious circumstanc on one of the islands. Thi photo by the expedition lu led b, C.ipt. G. Allan Hancock.

Radio Marine Corp.. from L ippei of the freighter Athclbecch, I nited Molasses Steamship C’o. lie.

The message:

"Advised passed Inrgi pat' lu ■ of oil, longitude 35 02 n< id 1:64 west. Possibly from British tanker La Cresenta H r l i t known position in this \ icinity. Signed Athclbeech, Captain.” Shipping men f- t i t 1 ' tankei may have gone down with d crew of 25 or 30 menin a typhoon two weeks ago. Nothing lie ■ been hoard of the vessel since then when it position was 909 mi'c s mitin ist of Hawaii, the appro in;..i p on of Athelbeech when it pn ■ i Hie oil patches. The La Cre. ■ • ' ' salle’i from port Son Louis, Cali!.. I a 5 for Japan with 62.0* ) barrel.of oil Capt. Upskill w s i i command Georg* Font r, Mam a fireman, signed on at San Pedro. The La Cn .-ecenda, a 400 foot vr sol, is owned by the Mani ,v Dixon General Steam-hip < orp of Ih land. It was built in 192 London is its port of registration.

Charter No. 403

Report of Con 11 on 1 t the Citizens Bank of Bainbri in the state of Indiana it I on

December 31. 19." 1

BANKING \SSETS Loans and Discounts $34.1*1.76 Overdrafts None U. S. Govt. Bonds and Securities 20.569.86 Bonds and S-> ritii Gu.iranlc I by the IT. S. Govt. None Other Bonds and S-• unties 3 *06.40 Banking house $1 3>o Furniture and fixtures $600 00 $ I 950.00 Cash on hand and 1 ilaii' . with other Ranks 40,937.08 Exchange and Cash tt< is 1,514 .38 Totnl Blinking \ e.i SI03,;79.18 BANKING Li \Uli,ITIES

Demand Deposits

Individual $68,084.00 Time Deposits, Ineluding Time

5.155.63

None

17.031.72

Cert, of Deposit <

Savings or Thrift Di j -uts U. S. Govt, and Postal

Savings Deposits

Deposits of the State Poll tint I Suhlivi ■ i :

Deposits of Other Banks, bier’s and Certified Cheeks Non.

Total Deposils

(Items 12 to 171 $00,871.35 Tnktl ITiinkin," L.ahil.Ges $90,8,1.3.

Capital Account

Capital Stock $10,000 0( Preferred Capital Di ben'.'ir- Non.

Vio ooo hi $1.000.01 1,408.13

Non.

$12 108.1

Total Capital

Surplus

Undivided Piofit';, Net

Reserves

Total Capital Account Total ItiinMng IJ.ihd lies

And ( apilal Veeounl .$103.7PrI: Included in Li <n:, m I In counff; an Loans to Affiliated t 'o.’s Non.

Included In Oil

tea are Shares to Affiliated

Companies Non

Included In Deposits ate First

Lien Trust Fun I : Non. Included in Total Deposits an De-

posits Secured hy Leans and,

or Investments Non. L.miis And l.ivi-stimaitH Pledged To

Secure Linhillties

U S Bonds and Securities Other Bonds and Securities

Loans and Discounts

(excluding re discounts) Total Pledged (excluding

rediscounts |

Pledged If, goem

a. IT. S. Covt. and Postal

Savings Deposits b. Puhlie Deposits c. Other Deposits

d. Borrowings (excluding

rediscounts)

e. Other Purposes

Total Pledged

STATE OF INDIANA

PUTNAM. SS:

I, C. K. Hughes, Cashier

None None

Non. None

None None Non.

None Non. Non.

COUNTY OP

of the

Fillmore, State Bank of Fillmore, In-1 Citizens Bark of luinhrl.ig, ,i, ■ liana, do solemnly swear that the 1 8ol <’ninly

solemnly swear that the 1 8 ' ,|, '" ,nl V swear lh.it |)„ above state above statement is true to the beat of j 18 trur t‘» the I, a of n v p,

my knowledge and belief. A H. HUNTER, Cashier.

Subscribed and sworn to before me

this 4th day of January, 1935.

OTTO N HICKS. Notary Public My, commission Expires Autr 22 1937. “

edge and belief

( ’ K HUGHES. Cnhii r •Subscribed and sworn to befon- m, this 7t.h dav of Janua.-y, ip;;- ( J. FERRAND. Notary Public 19 JJ y comm ix«i«n Expires, Oct. 18,

A victory supper sponsored by the. Washington Township Democratic club in honor of Peter Holsapple, new township trustee. Monday night, attracted probably the largest crowd ever to attend an event in the Pleasant Gardens school house. Tin program followed a big basket i -eir.'! r • 'vod to Democrats of \\ ashI ";U,n township as well as visitors | Mon Gr.-o.r'astlc and other sections of the countv. i‘receding the opening of the meet- | in; music was furnished by the Wells I family of Grcencastle and Nelson Brothers of Madison township accomnanied by Anbury Poe of Reclsvillc, m l the Tincher sisters of Mt. Mort-

. io.n.

Luther Herbert, president of the I Hi, presided, and Glcndon Right(11, instrumental in organizing the '. hington township Democrats. \ as the principal speaker. Holsapple ilso expressed a few words of ap- [ i.'.iation for support given him in the last election. Prior to tlic talk by Rightsell the Hu proposed to back Roosevelt and McNutt for president and vice-presi-lent i.’i 1936. In hm talk Rightsell paid a fine tribute to Edward Chew, outgoing Republican trustee who has been in office for eight years, tuul then elabir.tlccl on the political and financial dstory of Washington township. In the recent election, Rightsell .aid. the township had given all Democratic candidates substantial i lajorities and had also furnished twenty paid subscriptions to a Demo- ■ ratic publication.

New VONCASTlp LAST TIMES TONK;^

Vour .oan ( hainiri^M "<Kht toH this « •''•fill (lire.

WIUIAM T POWELL MYRNA ■ ■All EVELYn PREOTia

ri\il Cas(\s W S(‘t For Trial

FIRST rvsi; is SET FOR JAN, III BV JI DGE GILLEN MO.ND\V

.Several civil cases were set for rial during the January term of urt by Judge c C. Gillen at the opening of the term Monday morning. The first case set for trial was that of the Ttue-Hixon Lumber Co. rs Tharp, Jan. 10. Other cases set

were as follows:

Jan 16. A Cook Loan Company, v; Faye Thomas et al. Jan 17. Simpson Hirt vs. John Cook & Sons Co. et al. Jan. 18 Amanda E. Terry vs.

G R A N AI) \r

LAST TIMES TONK.ht 1 a,<

ASK THOSp WHO MW lilov WALLA! E BERIO 'S l!M 1 riCTlKE. fui an

There will be 28 lectures, wtiichl

cover all kinds of fire fighting.

gency work, and departmental ■ ccdurc. H

Air Force Chief** h.

• hos. ! tty and Thos. Terry vs. \manda E. Terry. Jan 21 Young vs. McPheeters. Jan 22. Lydia Coffman vs. Chas. Hughes ct al. Jar 23. Alonzo Cook vs. Ernest Frazier et al. Jan 24. Phoebe Comer va. Tem-

deton.

Jan. 25 Pritchard vs. Martin. Jan 2$ Win. Henry Lafoe con-

est of will. Jan. 29. Jan. 30.

son.

Jan. 31. Lancaster. F< b. l

ncr.

Feb. 4

Strain vs. Hayman. Ind. Ins Co., vs. Ander-

Ccntral Nat’l Bank vs

John M. Smith vs. Weh-

Mary M. Watson vs John ’ook A Sons Co., et al.

h’’-’ 1 lauac M Spear va. Am.

Co.

0 Frank Booher vs. Alonzo

lenity

Feb. 'ook. Feb. Feb.

Co. vs

Feb. Cam fillen

•thCM I He I >.

7 W'hitlirr vs. York. $ International Harvester

Haynes.

18 Reed vs. Young.

'■> dismissed Monday by Judge for lack of prosecution or • ’ oin included those of Min(larrett vs. George \V. Taylor, udian; Maxwell Finance Co. Rob-it Todd, replevin; John

.million va. State of Indiana, set a ■ judgment; Homer J. Sandusky r Rhode) Smith, for services; J. M Milli an vr llettie Marsteller. on acount Clinton D. tVhitaker vs. Elzavt'i Whitaker, divorce; Viola C. jmi!h and Morton Smith vs. Ray ' )otro Por.-iee.-ilon; Leona McCullough '• 'Maurice McCullough, divorce; high Burdett and others vs. Ross loifelt.r ct al. possession; Thelma •mlth \ Hex Smith, divorce; Dennis McCammack vs. William Cooper. lOfi.c-sHlon; B. C. Cox vs. Ida Cox! cccount; Hanccl Grimes va. Herman londri'ki damages; Kregel Casket

o. vr. Frank E. Reed, account. In an action filed by Thomas Max-

veil against Harvey Suthorltn, for m injunction, a temporary injunction

issued in the case was

anent.

Lieut. Col. Andrfwi ^ With the oppointmer of Col. Frank M- Andn ■'

commander of the m * i- 1 army general headquarter* ■ force, the combat an 'ft ^ army ha* been concentraM 9 one main force. Lieut Col ■ drew* takes over most of th(0

ecutive powers of Maj Gen

jr.min D. Foulois, whOM re ffl | was asked bv the house n’il'l

affairs committee at the l» st ^

gross.

made perm-

COLLEGE GRADUATES ONLY BoS I ON .UP. Only college gradlatc i will be allowed to be firemen n the future. Fire College opens for registration for 40 privates of the Joston Fire Department, Dec.

BIG RICH.

3. —

Coming To Bainbridge Thursday, Jan. 10. 7:30 P. M. Rig Rich is a nationally l '"f lecturer and mtartutHSi 111 fering nn evening of fun "'j highly recommended b> l" ,: | 1 pie Don't tail to hear Rik kk t| you yy ill miss y OUT OllO* ® “FUN PUDDIN". Rig Kleh is our state cate, a se. opd Ifllc.y and • 1H ''^ ot mitionnl renown. TMe program is for tin’ ,l, | of the Monroe Trvp. K'arnii’r

slltutfi

ADMISSION 20 - 15