The Syracuse Journal, Volume 16, Number 47, Syracuse, Kosciusko County, 20 March 1924 — Page 5
I A Service of Safety I A bank, of course, keeps your money | safe. And it just as surely can help you = handle your money safely. j ? For instance, a checking account here is | more than a simple convenience. It is a ; = = guarantee of security to you in the trans- I | x = mission of funds. It enables you to keep i = | your money instantly accessible without = •| danger of foes - Checks Protect Yon i Your checks drawn on this bank carry your money s 1 S to all parts of the country at the cost to you of a postage stamp. Checking enables you to keep track = = of your money In a systematic way. The stubs in g your check book carry sufficient entries to do this. || The cancelled checks, returned to you s each month, are legal receipts for your payments. These and many other benefits are yours if you establish a checking = account here. We will be glad to discuss V-- = it further with you. Pf To Saw '$W lira Yowr I ' amd Make * Aw 7 YourMorceySafe ffg—MW mrlM BAN K WITH U S State Bank ol Spouse 7*~ ■ . . ' ■ : — " i w . I GLOBE Yes, we have II a Globe I /ft ftt* Radio set | I ready to in- | stall in your | home. I Globe Radio's are the last word in j clearness, simplicity, I easy tuning, etc. See hear a Globe before you buy. | n y I I Miller & Lepper | Phone 149 DEALERS I . i F. GL FITCH, Optometrist I MANUFACTURING OPTICIAN W« Grind Your L.n*«. in Our Own Shop WHY PAY MORE? Rm. Phono 1100. Office Phoao 781. WARSAW. INDIANA -i"MTr7 c - at ~ f » ' > r *•! Scientists say that whole wheat contains all the f°°d e^ements es * sential to man. Bread is the staff of life, but the nutritive value depends on the quality of flour is put into it Our Stock of Flour Is the Best the mills can make, and you have a choice of sever al excellent brands at this store. We sell also a select line of staple and fancy groceries. Our business policy, as you know, is Courtesy — Cleanliness—Honesty—Service Seider & Burgener PURE FOOD GROCERS SYRACUSE, . INDIANA
'NEWS ITEMS FROM OUR SURROUNDINGS Contributed Notes on the Happenings in Nearby Communities. Solomon's Creek Mr. and Mrs. J. W. Ott spent Sunday in Elkhart. Mrs. France Hapner called on Mrs. Henry Rex Friday. Many in this community are working in their sugar camps. John C. Juday was a Sunday guest at the home of his son. Ern Juday. Mr. and Mrs. Henry Rex called on their son in Milford Monday afternoon. t'aul. Emnu, and Fred Ringwald r ind Harry Nicolai visited friends at Cromwell Sunday. Mr. and Mrs. Albert Zimmerman and two children spent Sunday at the George' Darr home. Mr. and Mrs. Harry Cripe, of Goshen. were Sunday; sfuests with her mother. Mrs. Etta Seese. Rev. and Mrs. Saylor and son. Paul, were Sunday guests at home of Mr. and Mrs. Levi Pearman. Chester Firestone and two sons Lawrence and Lewis, spent Sunday with her mother, Mrs. Ed. Darr. Mm May Strole and son, who have been visiting her parents. Rev. and Mrs. Saylor, have returned to their home at Terre Haute. Ind. The Ladies Aid will meet at the home of Mrs. Geo. Darr Wednesday afternoon. Comfort knotting will be the order of the day. Remember the Sunday School at 10 each Sunday morning. Preaching both morning and evening by the pastor. Rev. Saylor. A welcome to all is given. Mrs. Hester Leacock had a light stroke of paralysis Monday. Dr. Harper. of Millersburg and Dr. Edmonds of Goshen, have been called to the Leacock home. Mr. and Mrs. Tom Coy. of Syra cuse, Mr. and Mrs. Allie Pence, Mr and Sirs. Floyd Middleton and Mrs Minnie Colter were Sunday guests of Mr. and Mrs. Henry Rex. West End Mrs. Ed. Rink was operated on In the Goshen hospital. Mr. and Mrs. Rollle Neff spent Sat urday in Elkhart at the home of Charley Trep. Mr. and Mrs. Claud Niles spent Tuesday in South Bend, at, the home of John Honer. J. F. Weybright. who was operated on in the North Manchester hospital, is doing nicely. Mr. and Mrs. Orba Weybright, Mrs. Wm. Weybright and daughter. Edith. ?pent Monday in Elkhart. Mrs. Sadie Welchimer. of Toledo, who was called here by the Tllnesf »f her daughter, Mrs. Wm. Sheffield has returned to her home. Mr. and Mrs. H. L. Sheffield, of Mishawaka. Ray Ogle and family and Mrs. R. H. Doll of Goshen, spent Sunday at the home of their parents. Mr. and Mrs. W. E. Sheffield. McColleys Cornori Miss Wilma Miller is on the sick list. Charles Richcreek spent Sunday afternoon with Arnei Miller. Mr. and Mrs. Charles Richcreek were shoppers in Warsaw Saturday afternoon. Miss Ina Gilbert spent last week in Syracuse in the home of Mr. and Mrs. Roy Niles. Jim Gilbert spent Sunday afternoon at the home of Mr. and Mrs. Lawrence Stiffler. Mrs. Charles Grissom spent Friday forenoon at the home of her mother, Mrs. Wm. Long acre. Mrs. Harley Miller and daughter Mrs. John Meyers visited Sunday afternoon with Mrs. Vlourls Miller. Mr. and Mrs. Tom Nine returned home Sunday after spending the week in South Bend with relatives and friends. 4 Mr. and Mrs. Nat House and family and Miss Wilma Miller attended the Senior Class play at Syracuse on Friday evening. Pleaxant Ridtre William Fackler Is slowly improving.* but is Mill confined to his bed. Mr. and Mrs. Nelson of Goshen, spent Sunday withers. Jot Eckart. Mr. and Mrs. Willard Tyler called on Mr. and Mrs. Thomas Coy Sunday evening. Mr. and Mrs. Arthur Brown spent Saturday night with Mr. and Mrs. Ralph Vail. Mr. and Mrs. Willard Tyler railed on Mr. and Mrs. day evening. I Those who spent Sunday with John Hurtlg and family were John Hann and family and Mrs. Mabel Weaver and son. / Joe Eckart spent Saturday night and Sunday wUhLhis daughter and family. Mr. and Mrs. Gurt Baker, of Wawaka. Mr. and Mrs. Ralph Vail, Mr. and Mrs. Arthur Brown and Roy Vail spent Sunday with Robert Vail and family in Milford. Those who spent Sunday with Mr. and Mrs. Charles Bushong were Mr. and Mrs. Clinton Bushong and family. of Bremen. Mr. and Mr*. Tilman Coy and family, Minnie Robinson and Ruby Bailey.
t i THE SYRACUSE JOURNAL
Gilberts Mrs. Calvin Cooper spent Tuesday with Mrs. John McGarity. Frank Linderman has purchased a Ford touring car of Stiver g & Sons of New Paris. Mrs. William Sheffield who has been sick during the winter, is reported some better. The Willing Workers met at the home of Mrs. Milo Troup, Thursday, for a wool picking. Galon Whitehead, one of the teachers of the Bethany school, was pleasantly surprised Monday after the school had taken up. The children of the rooms of Miss Bernice Peters, Miss Lucille Neff and B. F. Stoump walked into Mr. Whitehead's room and gave him an old fashioned “belling” to remind him. of his marriage j Ito Miss Letta Swallow, of Wakarusa. After the children had made consid-J erable noise with bld pans, saws, and cow bella Mr. Whitehead promised them a treat Tuesday, which was a Hershey chocolate to nearly one hundred children. They in return gave Mr. and Mrs. Whitehead a reed fernery. 5 o WIDE DISTRIBUTION OF STUDEBAKER'S STOCK Directors of The Studebaker Corporation, South Bend. Indiana, have called a special meeting of stockholders April first to approve an Increase of capital from $75,000,000 stock of SIOO par to 2,500,000 shares no par and to distribute two and one-half shares for each present share. The call for the meeting followed a special session of the directorate in South Bend. The stockholders will meet at Jersey City, N. J. It is pronosed to place the new stock on a S4O basis. Immediately after the close of the meeting of the directors. A. R. Er--kine, president of the Studebaker Corporation, issued the following statement: “A special meeting of the stockholders of The Studebaker CorporaMon has been called at Jersey City. N. J., April 1. by the directors who held 9. special meeting at South Bend. # o approve their recommendation ‘hat the charter of the corporation 'e amended to change the character '>f the outstanding common stock
— “ — ■ I We 23,000 Men Present you the utmost in fine cars 9 THERE are 23,000 of us build- great opportunity for economies and All Studebaker models are ing Studebaker cars. Most of savings. S. equipped with Timken bearings, us are partners in the busi- We have a $10,000,000 body plant, There are few cars in America, reness. Thousands of us are stockhold- to maintain the Studebaker standard gardless of price, which equal ours ers. All of us, after a certain time, o f coach work. There sons, fathers on this point. In our Light-Six, for get dividends on wages. and grandfathers are working to- instance, we put more Timken bearAU of us, after two years, get vaca- gether, to build such bodies as Stude- ings than aie used in any competitive ticns with pay. All of us, after one baker always built. car, within $1,500 of its price, year, get dividends on wages. After Those bodies are finished by many We give unusual equipment On five years, that annual dividend adds operations, including 15 coats of some Big-Six models, for instance, 10% to eur earnings. paint and varnish. we include two nickel-plated bumpThe company spends vast sums The open bodies are upholstered ers, one or two extra disc wheels on co-operative work with cord tires,a courtesy with us. When we re- light a motometer, steel tire, we get pensions. trunk, etc. So Studebaker cars v S€C hoW Studcbdk&T jj ow wg gained top place We give you these exhow to offer. you. 145 , 167 people last year paid $201,000,000 P S£. ’“wi « H« tn for Studebaker cars. build 150,000 cars per management If we ? do The sales have almost trebled in the past oXrfine^Vbu^ld™ 7 better than expected, we three years. Studebaker growth in fine cars Our k expenses are ’ get 10% of the excess. 'is the marvel of this industry. divided by that enormous So every man among Go sec reasons . See the scores of extra output. sLdXkir^«sun«me e values Studebaker offers. We do it by building Studebaker cars supreme. our own bodies, our own There are 13 models. Prices start at $102.. parts. Thus we save outOur fine backing They go to the highest price a fine car needs aide pro fi ts . Behind us is an hon- to cost We do it because we ©red name. For 72 years Don’t buy a car for years to come without have up-to-date plants, Studebaker has been the knowing how Studebaker gained its amazing orm * ©I modern leader in quality end equipment., . We have $90,000,000 of L— - The results arethese: assets. We have $50,000,- v Beauty, quality and 000 in model plants. We have 12,500 in real leather. The closed bodies in luxury such as no maker can surpass, up-to-date machines. So Studebaker Chase Mohair. That is made from Prices far below the usual. Our cars are built by modem and efficient the silky fleece of Angora goats. Light-Six, built by ordinary methods, methods. We pay for those extras — and would sell for from S2OO to S4OO Wd. h=v. pnainwrinp denart- others—out of savings. Building our more. Our Big-Six can be compared ment which costs g ssoo,ooo own saves you on some types only with the highest-priced cars in That to maintain and develop Stude- up to S3OO per car. the world. baker atandarde. nwtr Htnl Here are 13 models, from $1,025 to We subject Studebaker cars to The rule here is to give the utmost ach of them offe ” sc °£j’ 30,000 ta.£tion™ That require. in every part and deuil differ 0 ttaS Si 1,200 men. AU told over 70,000 ma- We have 35 formulas for steel. “f* q has* bechine and hand operations are per- Each has been demonstrated best for trend toward Studebaker , formed in manufacture of a Stude- its purpose. On some of these stee s ana i V 7P th* reasons before vou baker car. In so many operations, we pay 15% premium to get the for- reasons before yoy though each one is small, there is a mulas exact. • quality car. LI G H T - S I X SPECIAL-SIX B I G - S I X S-Poa 112-in. W.B. 40H.P. 5-Pass. 119-in. W.B. »H.P T ? Pass - 60H.P. Touringslo4s Tourings l42s Touring . . - . . « * • IJJSO Roadster (3-Pms.) 1025 Roadster (2-Pass.) l«0 Speedster (5 Pass.) .... - 1835 Coupe-Roadster (2*Pafcs.) . « - 1195 Coupe (5-Psss.) 1895 Coupe (5-Pass.) . .«. » » 2495 Coupe (5-Pass.) 1395 198 S Sedtn . . w 2085 Scusn «.•••«••• , * . ... ... - . (4«jarteeo Zo A- factory. Tbfwa tomeetyoor ooirrsUenee.) v / FLOYD HEDGES, Syracuse, Indiana THE WORLD’S LARGEST PRODUCER OF QUALITY AUTOMOBILES
[from SIOO par value to S4O no par I value, which would mean that pre- t sent, common stockholders would re- j ceive two and one-half share of new 2 stock for each share of old stock now : outstanding. g “It is intended to increase the au- | thorized common capital stock to J 2,500,000 shares, although only 1.875,- g 000 shares will be needed to retire the present outstanding common 5 stock of 750,000 shares. The remain-11 ing 625,000 shares of new stock will | not be issued at present. “The object in reducing the stock S to a S4O basis is to permit broader t investment in it by Studebaker em- | ployees, dealers, and car owners, and | generally to give It a wider distribu- t tion. "Under the present 10 per cent | common dividend rate, each new | i share of common stock will .receive g , dividends of $1 quarterly, or $4 per g annum, * “The new plan will become effec- E tive provided it is approved by the g stockholders at the special meeting of j April 1, as already stated. “Stockholders are aware of diffi- S culties attendant on a wide distribu- g tion of high priced common stocks selling in the market above SIOO a t share. g “While Studebaker common stock 3 is fairly weir distributed the di rec- ® tors feel that a much wider distribu- J tjon among employees, dealers, car j owners and investors generally will g follow the splitting up of the stock g and this feeling is responsible for i the plan which they now recommend g to the stockholders. “Wide distribution of our stock will ® prove of great advantage to the corporation. Every stockholder of a cor- . poration, no matter how small his j holdings, is a friend of that corpora- j tion and will exert an influence in < its behalf in his community. Other 1 corporations in the automobile in- ; dustry competing with our corporation have many more stockholders : than Studebaker has and the direc- j tors desire to correct this situation; j “They believe that many more em- ■ ployees of the corporation In addi- ; tion to the 3,000 who now own its stock, as well as thousands of car j owners and dealers, will be able to 3 buy stock in smaller units.” J
S®SMSSBSSESSBKfeiSBSSSSSSSSSSSESSSSSBSSSSSSSSSBSSBSSMBS« I Use the Opportunity I I a while I Rissman-Levey j 1 Saivage Co. i 2 a a e h a | of Chicago are dismantling the | | great plant of the Sandusky | | Cement Co. a a ! Come and see what you can | | use and save money on building I | material and machinery. 2 B 3 - 3 ?* a 3 0 I Salesman on the premises I h . a ' ?hone 87 | E- 2 ■ - . • .a b " -a s a a a js a 1 FRESH. 6LE.AN MEAT | a a a e a Await you at our market at all times. You a will find the juiciest cuts and the tenderest pieces hereT We also handle smoked and dried meats and a general line of canned meats. j a a ■ a KLINK BROS. MEAT MARKET 3 a
