Insull Utility Plans Stock Split and $67 Million Payout
Samuel Insull Middle West Utilities announces a plan to issue one new share for every four held at $200, cutting market price and distributing about 452,061 new shares to public stockholders. Total projected profit around $66.8 million with a complete reorganization including calling prior liens and preferred stock.
MENTIONED IN THIS ARTICLE
Ryu United Press
New York
Auteright
Samuel Insull
Middle West Utilities Company
Army cost cut confab fails to find plan
Secretary of War Good orders a general staff overhaul to cut expenses after a Hoover request. A high level conference with President Hoover officials and General Summerall failed to yield a concrete plan. Three potential economies are removal of duplications delays in current programs and elimination of obsolete services. The staff will continue investigations with national defense safety as a priority.
MENTIONED IN THIS ARTICLE
All
United Press
Washington
Good
War Department
Hoover
Davison
Har Jey
Summerall
General Staff
Golf niblick used in clash of car drivers
Thomas W Jackson, 49, of 527 Fast Fifty-ninth street, allegedly bumped another car five times to force it off the road at Thirty-eighth street and Keystone avenue, then attacked its driver and companion with a golf niblick when they followed him home. Jackson was held on reckless driving charges. E. C. Stahlhut, 25, of 250 North Oakland street, driver of the other car, showed a bruised eye and Jackson displayed broken spectacles.
MENTIONED IN THIS ARTICLE
Thomas W Jackson
Fifty-ninth Street
Thirty-eighth Street
Keystone Avenue
E. C. Stahlhut
North
Oakland Street
Jackson
Mexican is missing
Vito Sanchez a 21 year old paroled Mexican youth from Gary who had been given a death sentence in this state is believed back in Mexico. He has not reported on his parole since February officials at the Indiana state reformatory and Russell B. Harrison Mexican consul say. Sanchez won a new trial through Harrison after the Supreme Court reversed his death sentence. He was convicted of manslaughter and sentenced to one to ten years and later paroled.
MENTIONED IN THIS ARTICLE
Vito Sanchez
Gary
Indiana State Reformatory
Russell B. Harrison
Indianapolis
Sanchez
Harrison
Supreme Court
Father Attacks Son in Drunken Assault
Christopher Dorman of 411 Spring Street faced charges of disorderly conduct drunkenness and assault after allegedly striking his 8-year-old son Frederick above the right eye while the boy shielded his mother from abuse Saturday night. Four stitches were needed for the wound and Mrs. Dorman said he threatened her with a butcher knife.
MENTIONED IN THIS ARTICLE
Frederick
Christopher Dorman
Spring Street
Bathing Beauty Queen Crowned at Delco Remy Outing
Miss Ruth McDale representing pliant No 2 won the bathing beauty title from 122 entrants at the Delco Remy outing in Broad Ripple Park. About 25 000 spectators attended with visitors C E Wilson vice president of General Motors and F C Kroeger Delco Remy president GM’s top executive attending.
MENTIONED IN THIS ARTICLE
Ruth McDale
Delco Remy Corporation
Anderson
Broad Ripple Park
C. E. Wilson
General Motors Corporation
F. C. Kroeger
Delco Remy
Slack suit withdrawn in Miami mayor and wife case
City National Bank of Miami withdrew a federal suit against Mayor L Ert Slack and Mrs Slack. Settlement if any was out of court. The bank sought 6000 dollars on three notes from 1925 totaling 1333 dollars each, payable to J H C Realty and assigned to the bank.
MENTIONED IN THIS ARTICLE
City National Bank of Miami
Fla
L. Ert Slack
Million Dollar Advertising Fund Shaped For Homes Program
Pictured are trade acceptances totaling four million dollars for a National Home Furnishings advertising program. Miss Alice Eberhardt holds the fund in the Millis Advertising Company arms as counsel for a four year educational and merchandising campaign for the home furnishings industry. She notes the heavy responsibilities of those who control millions.
MENTIONED IN THIS ARTICLE
Alice Eberhardt
Fast
Michigan Street
Millis Advertising Company
Millis Company
Eberhardt
Scottish Rite Temple Set to Open August 12
Judgment withheld in municipal court for Paul Knauss 24 of 1720 Montcalm Street after golf balls found in his car near Avalon Country Club. Knauss admitted picking up the balls in a field opposite the course but denied stealing them from the course.
MENTIONED IN THIS ARTICLE
Paul Knauss
Montcalm Street
Avalon Country Club
Knauss
Hospital Drive Opens Tonight for Indianapolis Clinic
The $300 000 Indiana Christian Hospital campaign opens with a banquet at the Columbia Club. City Trust Company president Dick Miller will give the keynote as about 400 volunteers kick off a seven day drive ending Aug 5 with a victory dinner. The advance gift committee of about thirty has already raised more than half the $100 000 target. The sponsors panel grows to 47 leaders including J M Antrim Mrs Albert J Beveridge Ted E Byrne W H Coleman Dr M N Hadley Russe H Hartman Dr William F King Frank P Manly John D Meek J F E Miller Prof Herman C Morgan Dr David Ross Mrs Harry Rybolt James S Watson and Dr William N Wishard.
MENTIONED IN THIS ARTICLE
Indiana Christian Hospital
Columbia Club
Dick Miller
City Trust Company
Advance
Citizens Committee
Indianapolis
J. M. Antrim
Albert J. Beveridge
Ted E. Byrne
W. H. Coleman
M. N. Hadley
Russe H. Hartman
William F. King
Frank P. Manly
John D. Meek
J. F E. Miller
Herman C. Morgan
David Ross
Harry Rybolt
James S. Watson
William N. Wishard
Woman Claims Estate as Grand Duchess Anastasia
Mme. Tschaikowsky of Long Island asserts she is Grand Duchess Anastasia the daughter of Czar Nicholas II and demands from banks trusts and corporations an accounting of all funds belonging to her father’s estate. The fortune reputedly totals over 100 million dollars.
MENTIONED IN THIS ARTICLE
United Press
New York
Anastasia
Nicholas II
Mme. Tschaikowsky
Long Island
Holy Cross Church Picnic At Columbia Park
About fifteen hundred persons attended Holy Cross Catholic church all day picnic at Columbia park on Sunday with races games and a pavilion card party and a late basket dinner.
MENTIONED IN THIS ARTICLE
Holy Cross Catholic Church
Columbia Park
Edward McGovern
City Levy Cut to 65 Cents for 1930 Budget
City officials plan a 65 cent levy for the general fund, up 1.5 cents from 1929 to cover higher bond interest. The balance of 35 000 to 50 000 will be allocated by the new city manager commission. Overall rate may total about 1.16 with six cents added. Fire and police budgets were reduced to 6000 and 1358000 respectively, with staffing and equipment changes.
MENTIONED IN THIS ARTICLE
City General Fund
City Manager Commission
L. Ert Slack
Sterling R Holt
Harry FE. Voshell
Voshell
Holt
Claude M. Worley
Dunphy Seeks Air Mail Line From New York to St Louis
Dunphy and Harrod of the Indianapolis Chamber of Commerce travel to Washington to push for an air mail route via Pittsburgh Columbus and Dayton Indiana firms urge the line. A hearing before inter department committees begins midweek with Ludlow aiding the effort and Mars Hill airport cited as proof of feasibility.
MENTIONED IN THIS ARTICLE
Cr. G. Dunphy
Chamber of Commerce
Washington, D. C
Indianapolis
New York
St. Louis
Inter-Department Committee
Post Office and Commerce Departments
C. L. Harrod
Chamber
Washington
Dunphy
Louis Ludlow
Mars Hill
Indiana
Chicago crime wave ends as man is stopped by detective
Louis Allen, 22, came from the west seeking money in Chicago. He robbed a man in a sedan, but Detective John Foran jumped from the police sedan and punched him in the jaw. Allen was booked for attempted robbery and claimed it was his first job.
MENTIONED IN THIS ARTICLE
United Press
New York
Chicago
John Foran
Louis Allen
Louis
Foran
Senator raps book censors over import ban
Senator B M Cutting denounces treasury action banning Voltaire Candide and the unexpurgated All Quiet on the Western Front from U S entry. He warns a tariff bill amendment would widen censorship to seditious and obscene works and curb advanced political thought.
MENTIONED IN THIS ARTICLE
Treasury Department
Voltaire
B. M. Cutting
Dem
N. M
America
Cutting
Senate
Bootlegger August Holskamp Prosecuted in Vincennes Case
Deputy attorney general Merl Wall reported to the statehouse that August Holskamp, a suspected bootlegger and roadhouse owner near Oaktown, is being properly prosecuted in Vincennes. Vigo county officials sought aid from Attorney General Ogden, with Norman Ortenburn requesting counsel from Senator Hill and Ewing Emerson to bolster the case.
MENTIONED IN THIS ARTICLE
Merl Wall
Statehouse
James M. Ogden
August Holskamp
Vincennes
Vigo County
Ogden
Holskamp
Oaktown
Norman Ortenburn
Senator Hill
Ewing Emison
Republicana
Wall
Police Captain Row Dies After Sudden Attack
Police captain Frank F E Row, 55, of 846 Edison street and a longtime Indianapolis figure, died Saturday night in Rockford Michigan after an apoplexy. He is survived by his widow Lula, a daughter Lucille Ferree, four brothers, and private services are planned at Mrs. Ferree’s home Wednesday.
MENTIONED IN THIS ARTICLE
Frank FE. Row
Edison Street
Indianapolis
Rockford
Mich
Captain Row
Osgood
Lula Row
Lucille Ferree
G. S. Row
Clarence
Perry Row
Charles Row
Grand Rapids
Ferree
Flies and Mosquitoes Warned by Dr Neal in Public Health Push
Dr. Neal cites U S Public Health Service warnings that flies spread disease and urges total elimination. He touts Flit as a safe, effective insecticide, claiming it kills all household insects without harming people and offers money back guarantees.
MENTIONED IN THIS ARTICLE
U.S. Public Health Service
Charles A. Neal
State of Ohio
U S Board to Select Dope Prison Sites
A government board to choose locations for two authorized narcotic farm prisons will meet at the Department of Justice to set site selection policy. Dr. Walter Treadway says the supervising architect may inspect top bids and report recommendations. The board aims to have a report ready for congressional appropriations this session.
MENTIONED IN THIS ARTICLE
Scripps-Howard Newspaper Alliance
Washington
Department of Justice
Walter Treadway
United States Public Health Service
Treasury Department
Treadway
Congress
Special Prison Board
Bell Program at Scottish Rite Cathedral Carillon
Anton Brees will perform a carillon program at the new Scottish Rite Cathedral Tuesday at 8 p m The pieces include America Home Sweet Home Columbia the Gem of the Ocean There s a Long Long Trail Minuet in G Abide With Me Rock of Ages Hark Hark My Soul Mighty Lake Rose Sonny Bor Oh Sweet Mystery of Life Indiana and The Star Spangled Banner as the closing piece.
MENTIONED IN THIS ARTICLE
Anton Brees
Scottish Rite
America
Home Sweet Home
Columbia
Gem of the Ocean
Sonny Bor
Indiana
Prison prison crowd prompts urgent prison farm plan
M. W. Ireland for the war department and Sanford Bates for the department of justice pressed for immediate construction of two narcotic farm prisons. A special house committee found Leavenworth over capacity by twofold and congestion also severe at Atlanta and McNeil Island.
MENTIONED IN THIS ARTICLE
M. W. Ireland
War Department
Sanford Bates
Department of Justice
Special House
Leavenworth
Atlanta
McNeil Island
Dean Learns Loses Job Over Smoking Coeds
Asheville officials refuse to rehire Dean Henry Dexter Learned after he allowed co ed students and male students to smoke in the halls of Asheville City College. The board, in executive session interrupted by applause from parents and students, voted five to two against reappointment and named Professor David Wilson of Hampden City College Virginia as the new dean.
MENTIONED IN THIS ARTICLE
United Prise
Asheville
N. C
Henry Dexter Learned
Asheville City College
Asheville Board of Education
Learned
David Wilson
Hampden City College
Virginia
Gotham police raid 40 speakeasies in murder hunt
July 29 Police raid forty alleged speakeasies in New York to locate crews tied to the Marlow Rothstein and Cassidy murders. Twenty seven men and one woman were arrested during the operations.
MENTIONED IN THIS ARTICLE
United Press New York
Also Mentioned on This Page
Insull Utility Company
Mexico
Miami Bank
Woman Claims Estate
Edw. Lesch
Roosevelt Bldg
Riley
The
Fanama Canal Zone
Riley Ste
Rentuc
KY Cobblers
VER
O. Freig Bros
Virginia Avenu
Ehe House
Carload Distributors
New
North Meridian Street
Rite
Blue Lodge
Supreme Council of the Order
Leon M. Abbott
Boston
Tifty
Indiana Volunteer Infantry
Ft. Friendly
Illinois Street
I. T. Huckleberry
Lebanon
Massachusetts Avenue Association
O. K
K. O
Dr. Neal
Ohio State
U.S. Board
Bell Program
Dean
Dixie College
Gotham Police
Proaderotn
Lic
Marquisette
Stepins
Sinnver
In Soc
Fair—Street
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