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Suburbanite Economist (Newspaper) - August 18, 1931, Chicago, Illinois .TWENTY-SIXTH 51 SOUTHTOWN, CHICAGO, TUESDAY, AUGUST 18, 1931 3 CENTS AT NEWS STANDS Delivered by CarrUr to Any la Territory at two IT'S NO USE! CANT STOP THE FLIRT At Least 4 District Civic Leaders are of That Opinion By ANITA LUICK------- Fear of arrest won't squelch the flirt. That Is the opinion expressed by (our Southtown ministers and as many clubwomen Interviewed yester- day following a police order issued by John Alcock, acting commissioner of police, that all flirts be arrested. Declaring that flirting has been a natural depravity of man for years and that It cannot be wiped out by law. Rev. R. Keene Ryan, pas- tor of the Oarfleld Boulevard church, 5614 Green st., regarded the police order as a futile attempt to raise the moral code. Suggests Cuban System experience as a member of the prison pardon and parole board has thown me that nine-tenths of Jail Inmates started on criminal careers as the result of flirtation misde- neanors. But locking up one youth iirho ogles a woman won't elevate the jyes of his brother when a pretty girl passes. "I've despaired of ever eliminating the flirt. One of our best bets is to teep women confined to their homes luring the daytime as they do in Cubs and then permit them to go out In the evening only with an escort." That the order to arrest flirts bids fair to fall because there are not policemen on the Chicago de- partment to seek out these moral vio- lators was the expression of Mrs. A. E. Bantz, 7629 Emerald ave., for 12 rears president of the Auburn Park Woman's club. "Flirts Intrigue Women" "There are many a young girl In- trigued by the flirt who smiles at her from a street corner or an automo- bile, and it would take years for po- lice officers to apprehend these Ihe said. "Flirting is a permanent Irregularity In our social system." Rev. J. L. Kearns, parish priest at Ihe St. Ethelreda church, 8824 Marsh- fleld ave., termed the police order as i "probable attempt to secure fa- rorable publicity." he said, "don't strike up 11- Ucit friendships With girls unless they ire encouraged. No serious examples 8f flirting have ever been brought to my attention. I don't believe this practice wins the approval of many foung persons." Must Be Sincere The sincerity applied in police en- forcement of the order will determine Its success or failure, according to Urs. W. H. Alford, 5844 Stony Island ave, vice-president of the chryso- lite club. "Incarceration of a few ihe said, "may react as object lessons to others. But only persistent en- forcement can bring a successful re- turn." This remedy was also recommend- ed by Mrs. John McCrae. -9928 Win- Bton ave., past president of the Wash- ington Heights Woman's club. "Scaring a few of the flirts by flnes or Jail penalties Is bound to have a good effect, but it is a slow and te- dious process." Though Rev. Guy Wimmer, pastot of the Foster Park Baptist church, 84th and Justine sts., commended Commissioner Alcock on his deter- (Ccntlnued on page 7) AUBURN PARK BODY PLANNING DOLLAR DAY ON_AUGUST 27 Auburn Park business men, in the vicinity of 79th and Halsted sts.. have plans under way for a Dollar Day, to be held on Thursday, Au- gust 27. The sale is being sponsored by the local merchants, who announce spe- cial values and merchandise bargains. Dollar Day posters and other print- ed advertisements will be used to call attention to the sale and attendant low prices._______________ REV. LEE TO SPEAK ON THE'ATONEMENT' Declaring that there is no other way of salvation than through Christ, Rev. Charles O. Lee. pastor of the First Church of God, 306 W. 74th St.. preach a sermon Sunday morn- Ing at 11 o'clock entitled "Divining the Atonement." At p.m. Reverend Lee will Bpeak on "How Much Religion Does a Man Girl Stunt Reporter Helps Fire Emergency Squad in Reviving Boy Overcome From Auto Gas Fumes tr> u ft Slowly, rythmically, it sounded. I listened intently. Yes, it was really the beating of his heart! It's I whispered to William Hughes. He was busy with inhalator machine gadgets. "Sure it he replied. "And it's going to keep on going." He didn't take the mask from the boy's face. Again, I listened. Through the sensitive loop of the stethescope I heard the beating grow louder, stronger. Another fireman came and listened. Suddenly, two other firemen were at the bench. One held the arms of the boy, pinning him down. The other Expl ains Gilruth How Depositors May File Claims Irwin T. Gilruth, receiver for the "Bain" banks, yesterday outlined the procedure for filling in. signing and filing claims of depositors. Printed forms for making proof of claims have been mailed or will be mailed this week to all persons who are shown by the books of the banks to have claims as depositors. Anyone failing to receive a form may obtain a copy by calling at the bank during the same hours the bank is open for access to safety deposit boxes. Claim Not Binding "Each form for proof of claim ac- companied a letter to the depositor from the receiver stating the amount due from the bank to the depositor as shown by the bank's books, but the letter stated and the receiver repeats that the person making claim is not bound fcs ihe amount stated In the said the receiver. "If any claimant's records do not agree with those of the bank, repre- sentatives of the receiver at each bank will endeavor to explain and adjust such differences with the claimant before the proof of claim is signed and filed." Mr. Gllruth's statement to the SOUTHTOWJJ ECONOMIST follows: Read Printed Form Every depositor or other claimant should carefully read the printed form before writing in the blank spaces provided for the Information required. No claimant should write in columns or spaces which have been designated as being for some other purpose, as to do so will only cause confusion and may delay the allowance of the claim. All proofs of claim when signed should be acknowledged before a no- tary public; the services of a notary public for taking such acknowledg- ments will be furnished at each bank without charge to the claimant. When the proof of claim has been filled out, signed and acknowledged before a notary public, It should be deposited at the bank against which the claim Is made, at one of the win- dows which will be designated by appropriate signs. No receipt Is need- ed but depositors are cautioned to bring their savings pass books, cash- ier's checks, certified checks or other instruments showing the amount of (Continued on page 7) DEATH OF WOMAN RECALLS'DAYS OF EARLY STRUGGLES How the vicinity of 59th st. and Washtenaw ave. arose from an iso- lated district of country roads, farm- ers and cattle within 60 years was recalled Saturday morning during the funeral services of Mrs. Mary Mur- phy, 5943 Washtenaw ave. Mrs. Murphy was born in the dis- trict 72 years ago and resided in the neighborhood her entire lifetime. She died Thursday afternoon at the Mercy hospital. Death was due to a heart attack. Old settlers remembered that the trees in Southtown were full of bird life and that the prairies were full of rabbits. It was said that when meat was wanted during the winter months the men shouldered guns and shot cottontails. They were also excited when they learned that "Chicago is extending its street car line this way." Sixty years ago, the white-haired mourners re- minded each other, Chicago had not annexed the South side beyond 18th st. Mrs. Murphy was buried at the Mt. Olivet cemetery, following funeral sen-ices from-the St. John church. Her son, Joseph Murphy, and a daughter, Susie Murphy, survive her. Tours Move Eastward as Deadline Draws Near for Summer Activities Planned as the scml-wlndup of the vummcr vacation season, the SOUTH- TOWN ECONOMIST travel bureau today BnnounPPB n special one-week edu- cational tour of the East. The trip will start August 23. Leaving from the La Salle st. sta- tion of the New York Central railroad at a.m. and the Englewood Union station 15 minutes later, the travelers will be served luncheon and dinner In the dining car as the train speeds across the southern edge of Lake Michigan through Toledo and Cleve- land. To New York Niagara Falls will be reached at DJOT. r.ionday on, a week of activity Is In store for the tourists. After a day at the falls, the party will again board their special craln and pro- ceed throuRh Rochester and Syracuse to New York City. Sight-seeing In the company of lec- turing guides will occupy the tourists In Gotham. Wednesday afternoon and evnlng will be spent at Atlantic v Thursday morning in Baltimore and Thursday afternoon and Friday in Washington, D. C. After dinner Friday night the re- turn trip will start. The guests will arrive in Chicago Saturday afternoon, August 29. Reservations for the tour may be made daily with Miss Margaret John- son, director of the travel bureau. The cost of the all-expense tour is A deposit Is required, the balance of the sum to be paid three days before the start of the tour. For Labor Day Niagara Falls Is also a point of interest In a Labor Day excursion holiday arranged for September 5-8 at per person. The second day of the tour will be spent in Toronto and the third day at the falls. A second Labor Day excursion at per person provides for two days at Mammoth Cave and Louis- ville, Ky., and a boat tr'p on the Ohio river to Rose Island. Like the eastern tour, the excursion will start September 5 nnd finish three days later. clutched his legs. Mask Is Removed The boy struggled violently to break free with what seemed super- human strength. He subsided, limply. The mask was removed. An am- monia capsule was. broken and held beneath his nose. Then another. He seemed to come to life again, but feebly this time. His cheeks flushed. He opened his eyes. Stared at us, bewildered, grog- gily. Then, with the aid of two flre- men, he sat up. "Am I were the first words he said. He put his hand to the pit of his stomach, held it there. He swayed a trifle when Hughes removed his support. Gives Him Advice "Just a said Hughes sym- pathetically. "Got you in time, we did. A little later and you couldn't be feeling dizzy." He removed the mask from the long hose. "You'll be pert enough in a minute or two, Just take It he advised. "Next time, be more careful when starting up your car. Always remem- ber to open the doors of the garage." "Gee. I sure the boy gasped fervently. For a little while he sat there. His mother fluttered about him and the lieutenant of the squad who had brought the boy to the station. He had been found a few doors away, slumped over in the front seat of the family automobile like a heap of melting ice cream. Not In Bad Way The boy got up. He lurched gaily to the door of the station. His mother pattered in his wake solicitously. Hughes disappeared to sterilize the inhalator mask. I turned to the lieu- tenant. "Close I questioned. "Might have he replied. "But no, he wasn't in a bad way. You saw for only took a couple of minutes to bring him around." Three emergency squads were cre- ated by the fire department about 18 months ago. One serves the North (Continued on page 5) BAECHLE, BLAKELY ARE MARRIED AT ST. BASIL CHURCH Two former members of the SOUTH- TOWX ECONOMIST editorial staff, Miss Gladys Baechle, daughter of Mr. and Mrs. Charles H. Baechle, 5722 Marsh- fleld ave., and George Robert Blake- ly, son of Mr. and Mrs. Thomas J. Blakely, 5644 Peoria st., werej united In marriage at 3 o'clock Saturday afternoon by Rev. John Bennett In the St. Basil church rectory, 55th and Wood sts. Mr. Blakely was sports editor of the SOUTHTOWN- ECONOMIST for sev- eral years and his bride was an as- sistant on the society desk. At the present time Mr. Blakely is public relations director for the Chicago College of Commerce. For the wedding Miss Lillian Blakely, sister of the bridegroom, served as maid of honor, and Robert Denver of Austin was the best man. The bride wore a black chiffon velvet suit with a white lace waist and her hat was a turban of black velvet. Miss Blakely was frockcd in a brown transparent velvet suit with an egg- shell satin blouse and she wore a brown felt hat. Mr. and Mrs. Blakely arc spending their honeymoon at Lac du Flam- beau, Wis. They are to make their home at 6802 Normal blvd. SOUTH PARKS TO HEAR BIDS ON BOND ISSUES Consideration of bids made for the purchase of two bond issues for Southeastern blvd. and Yates ave., will be considered tomorrow after- noon at the meeting of the South Park board. If the bids arc acceptable to the commissioners, work on the Im- provement of the boulevards named will begin In the very near future, it is understood. Last February a bond Issue of to be used for the Improve- ment of Southeastern blvd., and an- other of for the Improve- ment of Yates ave., were passed by ht.C bt.O It was explained at the offices of the South Park board that the bond market has been so low that it has been thought advisable to hold up the sale of the bonds until a more opportune time. BURY JANITOR, VICTIM OF HEART DISEASE Funeral rites were held Thursday for John Kuhnleln, 42 years Janitor in a building at 6746 Ash- land ave., who was found dead In bed of heart disease Tuesday morning. Sen-Ices were conducted from the Zolp funeral home, 1646 W. 46th St., to the Sacred Heart church, 70th and May sts. Interment was at the St. Mary cemetery. The body of Kuhnleln was found by Michael Dletroszcwicz, his em- ployer. Dletroszcwlcz entered the Janitor's room to learn why he hadn't reported for work. LISTENING FOR HEARTBEATS Economist I'hoto At a member of the aouth division Inhalator iquad, Joan Clark, the Southtown EconomUt stunt reporter, liitent with stethoscope for the strengthened heartbeats of a youth overcome by carbon monoxide gas. Miss Clark traveled for a day with the squad which operates from the fire department house at 62nd and Green sts. TOMORROW Barnard P.T.A. will hold a benefit card and bunco party at the Ridge Country club, 103rd st. and Califor- nia ave. West Auburn Community Civic council meeting at 1137 W. 79th st, at 8 p.m. Missionary Catechists society will hold a card and bunco party at and 8 p.m. at 7719 Throop st. THURSDAY Bain Banks Depositors' committee will hold a closed meeting in the Ogden park fieldhouse at 8 p.m. CONSIDER PLANS FOR RESERVOIR AT ROSELAND SITE Plans for building a reservoir at the Roscland pumping station, 103rd st. and Longwood dr., for the pur- pose of storing water to supply the neighborhood during hot summer days, are being considered by the de- partment of public works. Estimates on the size of the reser- voir needed and its cost are expected to be completed within the next 30 days by Myron B. Reynolds, acting city engineer. The necessity for an increased water supply was brought to the at- tention of the department three weeks ago when property owners in the area around 87th st. and Long- wood dr., which is served by the Roseland station, complained to Al- derman O. E. Northrup (19th) about the lack of water. Alderman Northrup, In turn, pre- sented the matter before the depart- ment of public works. As the result of preliminary Inves- tigation made by the department. It was discovered that during the hot days the demand exceeded the ca- pacity of the Roseland station. Also, it was found, that the supply ex- ceeded the demand during the late hours of the night. The suggestion was made that a reservoir be built In which water could be stored during these hours of the night for use the next day. The limitation of water supply at the Roscland station Is caused by the Western ave. station at 58th st. and Western ave., which was built two years ago and which obtains its water supply from the same source as the Roscland station, the southwest land tunnel system. CUTS BANANA PRICE; HIS RIVAL STABS HIM Reduction of the price of bananas by 5 cents resulted In the stabbing of Jim Constanta Pulos, 6936 Wcnt- Saturday at 9 p.m., by another xcndcr iiamcd "Tom." Pulos, according to his story, was underselling his competitor when the other banani seller who was crying his wares at the corner of 70th and State sts., after an argument about the price reduction, drew a knife and stabbed Pulos. The Injured man declared that he did not know more than that his as- sailant's name was Tom. Police arc searching for the man who fled the scene .mmcdlatcly. Pulos was taken to a nearby doc- tor by a passing motorist, Steve Kanilsy, 10536 Campbell ave., where hr wns treated for three slight wounds In his left side. "Jazz" Music Will Be Stricken Off Kiwanis Program "Jazz music" may tickle the toes and serve as a counter-irritant for the restless urge, but it doesn't pro- mote that good-fellowship so neces- sary for the success of huge gather- Ings. Acting upon that theory, Klwanl- ans have relegated "Jazz music" to the scrap heap for their 14th annual convention, which will get under way August 30 and continue through Sep- tember 4 at the Shoreland hotel. Instead, they have billed on their program nothing but the old favor- the songs that used to quicken the pulse of grandfather when he was young and bring a flush to grandma's countenance. To Feature Quartet "When YOU and I Were Young. Maggie." is one of the numbers, se- lected by Emil C. Erlcksen, music chairman, for the affair in which the Illinois-Eastern Iowa clubs will take part. Other old tunes Include: "In An Old-fashioned "Sweet Rosie O'Grady." and "Let Me Call You Sweetheart." K. Ray Bnllantlne, convention chairman of the Kiwanis Club of Englewood. says that the Englewood chapter will have a quartet at the gathering. Lois of Displays "There Is nothing on says Mr. Ballantlne, "that will help a great meeting more than good music." Multi-coiorea pennants and stream- ers will flutter from lamp posts and buildings in the Hyde Park district during the celebration. Fifty-fifth st. will be draped in the colors from Cottage Grove ave. to the outer drive and 53rd st. will be dressed up from Blackstone ave. to (Continued on page 5) DEARBORN CHAPTER D.A.R. TO PLACE BRONZE TABLET Behind an American Legion band, Mrs. Shearman, C359 Stewart ave., will march a week from today through the Elk Grove cemetery, where she will speak during the dedi- cation of a bronze marker to be placed at the grave of Ell Skinner, a Revolutionary soldier. Mrs. Shearman Is regent of the Henry Dearborn chapter, D.A.R. When her chapter unveiled a gran- ite monument on the grave of Aaron Miner at the cemetery June 13, she and other members of the chapter discovered an old mound. A wooden marker disclosed that It was the grave of Eli Skinner who died July 2. 1851, You CAN TRAVEL ANYWHERE ON TOURS OF THE SOUTHTOWN ECONOMIST TRAVEL BUREAU Board Preparing For Foster Park Fieldhouse Bids Actual structural work on the Fos- ter park fieldhouse Is promised to be- gin within three or four weeks. In making this statement. George T. Donoghue. superintendent of the South Park board, declared that the completed plans for the fieldhouse will be ready In a few days, and that advertisement for bids on the com- munity house will follow Immediately. "Only the finishing touches are needed on the Foster park plans and we will be ready to advertise for declared the park official. "We expect to rush the work on the fleldhouse building, and In all probability dirt will be flying In the park In three or four weeks." Early Work Itrcun Preliminary work on grounds sur- rounding the proposed site of the fleldhouse, 83rd and Laflln sts., where various outdoor activities will be practiced was begun late last fall and continued this spring. Approximately has been set aside for the improvement of Foster park, and It is proposed that from to be used for the .fleldhouse. Included in the plans for the com- munity house which Is to be situated at 83rd and Laflln sts.. arc two open air gymnasiums, one for men, and one for women; a swimming pool: a children's wading pool; a ball field; tennis courts and an adultorlum. Series nf Delays The flrst formal steps taken by the park commissioners occurred last fall after a delegation of representatives of civic organizations headed by Sen. Thomas Courtney (llth) nnd Aid. O. E. Northrup (19th) made a pica for Immediate action with respect to the erection of a fleldhouse. The park improvement proposal had been suggested many years be- fore to the South Park commissioners by citizens and civic groups In the community. Delay In such work was caused, however, by trouble with property owners of the land which makes up the park, as well as the poor financial condition of the South Park board at the time. Settlement with the property owners was made last year. Payment for Foster park Improve- ments is to be made from a bond issue passed several years ago for general park Improvements. LIFE IS JUST ONE MARRIAGE AFTER ANOTHER TO MAM A! With three of their children having been married within a 49-day period, Mr. and Mrs. Joseph De Saeghcr, 6529 Green St., claim the Southtown family marrlago record. The ball started rolling when Florence De Saeuher, 22 year old daughter, became Mrs. Louis C. Rlkcr. Following a similar step, George De Saegher, 20 years old, married Miss Marlon White. In his case It was an elopement. Not to be outdone by the younger members of the family, John A. De Saegher, 24 years old, wedded Miss Beatrice Peek, August 12. "It's been rather an exciting period for my husband and said Mrs. DeSaegher. "The only time I can remember an experience similar to the one we've been going through In the past month and a half is when we found out that our daughter Lillian had eloped with B. C. Ham- mond in 1929. REV. BOSWORTH TO SPEAK TONIGHT AT 63rd_AND PEORIA With the audition improved by In- stallation of loud speakers, Rev. F. F. Bosworth, evangelist, was prepared to speak tonight in the huge tent at C3rd and Peoria sts., on "Our Great Psy- slcian." Prior to the installation of the pub- lic address system, part of the audi- ence has had difficulty In hearing Reverend Bosworth, due to racket created by street cars on G3rd st. A new baptistry has been dug In front of the pulpit. The evangelist says that he expects to baptize more than converts before the pro- tracted meetings close on October 15. The meetings were opened July 18 and the nightly attendance has aver- aged about Delegations have been coming from as for as Jollct, where Reverend Bos- worth conducted revival meetings last fall and winter. Meetings are being conducted dally, except Monday, at 10 a.m. and p.m. A short prayer meeting is con- ducted before each service by Mrs. Bosworth, wife of the evangelist. Immediately following each preach- ing service. Reverend Bosworth holds nn "after-meeting." Persons desiring to be prayed for are Invited to attend. A new 30 by 50-foot tent pitched last week at the rear of the big one, houses the "after-mectlns" gathering. "We have found the people In this part of Chicago, known as Southtown. to be very says Reverend Boawotlh. 'TliLj ictni "clccrr.c agencies that proclaim the gospel of goodwill among mankind." HIGH MARK AT CAMP Edward A. Hnack. one of Chicago's representatives In the Citizens' Mili- tary Training camp at Fort Sheridan, qualified as a pistol expert Saturday when he made a score of 95 out of a possible 100 on the pistol ranctc. Haack Is a Blue student, which In- dicates that he has completed the basic red and white courses. These students act as student officers, cap- tains and lieutenants, and are the only Citizens' Military Training camp men armed with pistols. Upon completion of this camp the Blue students who are recommended have the opportunity of taklriR an examination for appointment as sec- ond lieutenants In the officers' reserve corps. RECEIVER DISCLOSES Ex-Head, However, Still Sees Full Return for Deoositors of Twelve Financial Institutions Oscar Nelson, state auditor, late yesterday released a statement on the indebtedness of John Bain and his asso- ciates amounting to a total of The statement is as follows: "Irwin T. Gilruth, receiver for the 12 so-called Bain banks, which were closed on June 9, is called upon, in the performance of his duty to depositors, to issue a statement to prevent depositors from indulging in hopes of either a speedy or n complete recovery of the amount of their de- posits, such as was prophesied in published statements cred- ited to John Bnln and those associat- ed with him. "On July H. Mr. Bain authorized a statement to the effect that he could see no reason why all deposi- tors should not receive 100 cents on the dollar, Inasmuch as the banks showed assets of over in excess of liabilities, which amount constituted n "cushion" to take care of Mr, Nelson said. After Dark By the Police Reporttr HOMELESS and intoxicated, Nora Ihvycr, 75 years of nge, WHS Tounu in n hallway at 7115 W. st., by Ofllrer Fred Holing, (if the tircshnm police station, Fri- day night. Tho aged woman, police state, was released from the Ilridcwell about n month nuo nfter serving u short .sen- tence for disorderly conduct. As the woman has no home and no prospects df one, officials at Grand Crossing court were at n loss to know to do with her. Union Rites are Reported Success By Four Churches So successful has been the Sunday evening meetings of the Enplcwood Church association, that It has been agreed to hold n scries of union serv- ices each slimmer. The association consists of the En- glcwood Baptist church, Englewood First Methodist Episcopal church, Englewood Presbyterian church and the Englewood United Presbyterian church. This year's services began July 5 and will come to a close September 6. Sunday evening's sermon will be preached In the Englewood Baptist church. 415 Englcwood ave., by Lewis H. Aaronson, an official of the Presbyterian Extension board. The sermon for Sunday evening, August 30, will be preached by Rev. HuwHiti H. Vt'inuii, new pusloi of lliu Englcwood Baptist church, in the En- glewood Presbyterian church. IN CONTRACTS AWARDED TO CALUMET SEWAGE Contracts for both a new pumping station and sewage treatment tanks to be built as part of the new 000.000 Calumet Sewage plant addi- tion at 126th st. and Cottage Grove ave.. were awarded by the Sanitary District of Chicago at a trustees' meeting held Thursday. John Griffith and company, 205 W. Monroe St., received the contract for the pumping station. The bid of this concern was The contract for the sewage treat- ment tanks, which will consist of two batteries each containing 11 aeration tanks and eight settling tanks, was awarded to the W. J. Newman com- pany, 21 N. Curtis ave., which made a bid of Work on these two undertakings, which will Involve n total sum of 45, Is expected to be started within the next 10 days. The new pumping station will be a three-story structure with a capacity of gallons of sewage per day. It will have five auxiliary pumps supplementing the work of the main pump and will have four blowers to aerate the sewage. Offices for the pumping station and the new addi- tion will also be located In this struc- ture. The ground site of the new sta- tion will be 112 by 270 feet In size. The two batteries of tanks will cover a ground space measuring 400 by 600 feet. Each aeration tank will be 17.C feet In depth, 34 feet wide, and 420 fret Ions, wlille ench settling tank will be 1C feet In depth and 91 feet square. C.llrulli Lists Debts The receiver feels that the time has come when certain obvious facts must be plainly dealt with. Among those facts arc the following: 1. John Haln, his two John naln, Inc., Thr company, and John Ilaln Real I'.ilatr Improvement corporation owe the over 52.- Practically all of (his amount was borrowed nn unsrcurrd notes, and the balance nn notm secured by collateral of no present value, such as slock In Thr Lews company. 2. Of this over 25 per cent, or more than was bor- rowed or renewed within the 60 days just prior to the closing of the banks. 3. Of this over was borrowed during the last eight days the banks were open. 4. This Indebtedness Is divided as follows: (a) Owed by John Bain, (b) owed by John Bain, inc., (c> owed by John Bain Real Estate Improve- BAIN GIVES VIEW John Bain, sr., head of the now defunct Bain chain of banks, and John Bain, inc., which last Friday went into receivership, yesterday firmly maintained that ho saw no reason for the depositors not real- izing 100 cents on the dollar. "Despite the statement Issued by State Auditor Oscar Nelson about the indebtedness of myself nnd my associates, I am still confident that the people will not lose their de- Mr. Bain said. "Until we know more facts about the situation, I have nothing fur- ther to Mr. Bain concluded. mcnt corporation, (d) owed by The Lews company, (e) owed by John H. Bain, (f) owed by Robert A. Bain, 092.20. The total amount is Has Demanded Payment 5. "The receiver has demanded pay- ment from Mr. Bain of the amounts which he owes the banks an demand notes, but so far Mr. Bain has not paid any part of this debt. "The receiver feels that depositors cannot depend upon any of this for payment of their claims, for the following reasons: 1. "John Bain, Inc.. U In receiver- ship became of alleged mismanage- ment, and an examination of financial position offers little hope for creditors. Chief among are 19 properties, carried on Its books at on which in bonds Is outstanding, leaving an equity, according to the books, of Lists Other Liabilities "The receiver has been advised by a competent appraiser that the pres- ent value of these properties is not as carried on the books of John Bain, Inc., but Is only or a little over one-half the amount of the bonds outstanding on them. 2. "The Lews company is the rec- ord owner of nearly 25 per cent of the stock of the 12 closed banks. The re- ceiver Is not advised with respect to Its other assets or liabilities, but be- lieves that It is apparent that the company cannot pay what It owes the banks and also respond to stock- (Contlnucd on page 7) Trial School Is Not a Trial for These Boys at Lewis Champlin! By MILTON SHUFRO' "But Isn't It possible to keep the fchool open one more There was a plea in the voice of the 'uiiKiil IUU'IUIIK >uuiiK.sU-r Vviio n.iiUe the request of Mrs. Edna R. Meyers, principal of the Lewis Champlin fchool, where a special summer school has been conducted this summer. And Duanc Finn, Sana ion .st. of the sixth grade. Isn't a sissy cither, nor Is he teacher's pet. From nil Indications, his touseled hair, and the swapper with which he wore his Just a little bit longer than the a fellow that can lick any kid on the block. LlkM Orlrnt Study But Egypt has hold of Duane and he wants to stay at school to learn more about that oriental land. "If I had my way about said the youngster with spontaneity as he changed his conversation about the burled tombs of grrat Egyptian kings, "I'd like to live like the Egyptians did. Why the way they lived then seems to me to be so much more In- terfstfnR thnn our own times. 'Take our .skj scrapers for Instance." the 11-year-old ychool boy went on. "Thry look all rlpht, but they haven't any secret passages like the tombs have, and our present writing and decorations are much more simple than their hieroglyphics." It was at this point that he brought forth his sketch drawing of a burled pyramid. He pointed out that one would have to discover this temple of "Amercsls." through accident, since one has to nnd the secret trap to gain entrance to the building. Duane No Exrrptlnn Once In, Vie explained with the use of his diagram, a person would have to overcome many pitfalls before he could find his way to the sarcophagus where the buried Egyptian ruler was placed to rest near his huge boat with many oars. Duanc was not an exception when he made his request that the Lewis Champlin school remain open after Friday, Its scheduled closing date. Of the dozen other children, from the flrst to the sixth grade, remarks made by them embodied the same spirit: an expression that they vere i (Continued on page 8) ;