Savings Deposit Bank and Trust Co Plan To Resume Operations
The bank presents a plan to resume normal operations in Elyria Ohio. It proposes releasing 50 percent of restricted deposits, issuing Debenture Notes of The Mortgage Loan Company for the remaining half, and transferring bank stock to the new company with dividends until notes are paid. Stockholders must redeem or lose stock if notes are unpaid within seven years. No depositor is paid except under plan terms, and deposits are insured through the FDIC. The plan has broad approval and seeks signed consents to proceed.
MENTIONED IN THIS ARTICLE
Savings Deposit Bank and Trust Co
Mortgage Loan Company
Federal Deposit Insurance Corporation
Ohio
Superintendent of Banks
State of
Elyria Depositors
Savings Deposit Bank and Trust Company
Elyria
Ohito
United States
Treasury Department
Ohio Weather forecast thundershowers tonight and Wednesday
Local thundershowers are expected tonight across Ohio with a likely continuation into Wednesday. Cooler temperatures will move in from the north tonight and persist into Wednesday, bringing a noticeable drop in daytime highs in the northern portion of the state.
MENTIONED IN THIS ARTICLE
Ohio
North Portion
Architects Explain 10-Work At Fire Stations Contention
Council discussed delays in finishing two fire stations under Federal Works Relief. Architect Alvan Smith said skilled out of town workers were needed to complete a floor in one day, while locals objected to a lumber contract used to speed progress. No action was taken.
MENTIONED IN THIS ARTICLE
Tre
Federal Works Relief
Elmer Nelson
Nelson
Alvan Smith
Frank Beckloff
Lorain Boulevard
Selmeyer
Adams Street
FWR
Smith
Lumber Company
No 1
FWA
Hydrant Install Plans Afoot At Jefferson School
The city council committee advised installing two fire hydrants for Jefferson School. One hydrant on Jefferson Street and another on Mach 30, with approval by the council. Mrs. Alice Baker seeks 25 dollars damages for a May 12 fall on South Maple Street and medical costs. inquest referred to the finance committee.
MENTIONED IN THIS ARTICLE
Wea Neo Aga
Jefferson School
Markiet
Jefferson Street
Counci
Alice Baker
South Middle Avenue
Council
South Maple Street
Resident Requests Street Light at Concord Avenue
C G Strean of 342 Concord avenue asked the city council last night for a street light near his property. The request was referred to the safety director for action.
MENTIONED IN THIS ARTICLE
Strean
Concord Avenue
Council
City estimates sewer project cost and tax advance
The city engineering department will prepare estimates for a sanitary sewer on Abbe lgad in a committee report to the council. An $820,000 advance is proposed. meanwhile the council passed a resolution requesting a $20,000 tax advance from the county auditor. The council also approved a damage claim payment of $3.60 to Bob Elberts for a tire damaged by street defects.
MENTIONED IN THIS ARTICLE
Abbelgad
City Engineering Department
Bob Elberts
Bacon
Planning Board
Board of Zoning Appeals
Funds Allocated By Council For Public Relief
Council last night allocated 2500 dollars of gasoline tax funds for public relief. The largest item in the allocation was 1000 dollars for hospitalization.
MENTIONED IN THIS ARTICLE
Council
Chronicle-Telegram plans Thursday edition after holiday
Chronicle-Telegram staff and their families celebrate Independence Day. The next edition will be published on Thursday.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Negotiations For New Gas Rate Under Way
Elyria city gas committee reports efforts to obtain a better rate from Ohio Fuel Gas Co. The current Elyria minimum is 90 cents monthly versus Lorain's 75 cent offer for a five year term. At 75 cents, 6500 Elyria customers could save about 10,700 yearly, 21,400 over two years. The committee will press for a satisfactory rate or draft an ordinance for council approval. Members: Leonard Fisk, George Thomp 500, Ed Notley.
MENTIONED IN THIS ARTICLE
Ohio Fuel Gas Company
Gas Committee of Council
Elyria
Lorain
Leonard Fisk
George Thomp- 500
Ed. Notley
Study of $10 Deposit Sparks Public Utilities Inquiry
Night indicated discontent with explanations from Ohio Public Service Company and Ohio Fuel Gas Company on a $10 deposit for domestic service. Both firms defended the deposit and its six percent interest. Nelson argued the law lacks basis for such a size based on average domestic bills and urged further investigation. Committees and Nelson with Solicitor Howard Butler tasked to probe.
MENTIONED IN THIS ARTICLE
Elmer Nelson
Ohio Public Service Company
Ohio Fuel Gas Company
Nelson
Howard Butler
Vassar Official Chosen Oberlin Dean of Women
Miss Mildred H McAfee chosen as Dean of Women at Oberlin College succeeding Anna M Klingenhagen who retired. Alumnae Secretary at Vassar and former Dean of Women at Centre College Kentucky, daughter of theologian Cleland B McAfee and granddaughter of Park College president John A McAfee. She graduated from Vassar in 1920 and earned an MA in sociology at the University of Chicago. She taught at Tusculum College and Centre College before joining Vassar in 1932.
MENTIONED IN THIS ARTICLE
Oberlin
Mildred H McAfee
Oberlin College
Anna M. Klingenhagen
McAfee
Vassar College
Centre College
Kentucky
Cleland B McAfee
John A. McAfee
Park College
Missouri
Miss McAfee
Vassar
University of Chicago
Tusculum College
President Roosevelt Aboard Ship in Choppy Seas
Aboard the U S S Gilmer at sea on July 3 the cruiser Houston bearing President Roosevelt and party faced hot weather and rough seas while moving south toward Haiti at 18 knots. Roosevelt enjoyed a moving picture last night as the San Francisco, slated to escort at Panama on July 12, was replaced by the New Orleans after the San Francisco damaged her propeller.
MENTIONED IN THIS ARTICLE
U. S. S. Gilmer
Houston
President Roosevelt
Haiti
Roosevelt
San Francisco
Panama
New Orleans
Chamber outlines 25 percent city wage cuts to save funds
The Chamber of Commerce backs sweeping economies to save about 40000 dollars yearly by slashing city official salaries by 25 percent and cutting jobs. The plan, presented by Secretary Earl Bacon, urges a pay as you go approach and curtailing expenses before raising revenue, amid looming sewer rent debates and a 61772 dollar three month appropriation.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Earl Bacon
W. H. Vanoster
George Thompson
Bacon
Youth Crashes Head on Freight Car, In Critical Condition
Paul Lombardi sixteen of Route seventeen Hancock New York tripped on a switch on the New Brank Central tracks near Summer Street around four pm yesterday. He struck his head on a car wheel fracturing his skull. He was rushed to Memorial hospital where his condition is listed as very critical. He was accompanied by Vincent Kerwin and three other boys who fled from the scene.
MENTIONED IN THIS ARTICLE
Paul Lombardi
Route 17
Hancock
New
Brank Central
Summer Street
Memorial Hospital
Vincent Kerwin
Hitler Cabinet Moves to Restore Normal Conditions
Berlin dispatches report Adolf Hitler's cabinet moved to stabilize the Third Reich after suppressing a street revolt with potential fatalities. The session discussed Franz Von Papen's uncertain fate and the fate of stormtroop leaders awaiting court martial as authorities brace for further consolidations of power.
MENTIONED IN THIS ARTICLE
Hitler
United Press
Berlin
Adolf Hitler
Third Reich
Franz Hson Papen
Franz von Papen
Paul von Hindenburg
von Papen
Ernst Roeblm
Tugwell Faces Attacks with Calm Smiles at Agriculture Dept
The July dispatch profiles Rexford Guy Tugwell, adviser to the New Deal, as unruffled and handsome in a bright office with a radio and roses. He shrugs off critics from Dr Wirts and Senator Smiths while vowing an air tight Pure Food and Drug law and inspecting the agency’s consumer protection efforts. He ignores Soviet Russian charges from Dr William Wirt as he works to press enforcement.
MENTIONED IN THIS ARTICLE
Noth
Brain Truster
Brevford
Guy Tugwell
New Deal
Tugwell
Frederick C.othman
Washington
Rexford Guy Tugwell
Agricultural Department
Dr Wirts
Smiths
Pure Food and Drug Administration
Chamber of Horrors
Gary
William Wirt
Former Crown Prince Flies To Doorn In Holland Visit
London July 3 The former Crown Prince of Germany arrived at Doorn Holland by airplane this afternoon to see his father the ex Kaiser according to a telegraph dispatch from Amsterdam
MENTIONED IN THIS ARTICLE
London
Germany
Doorn
Holland
Amsterdam
Nazi Leaders Counting Up the Dead
BERLIX July 3 The shooting of three prominent persons was reported. Gustav von Kahr Col von Bredau and Edger Jung were executed, Jung and Kahr confirmed. Berlin authorities compile a casualty list for cabinet approval, with estimates near fifty deaths. Several high ranking Nazis already executed or awaiting trial as fear of a reign of terror grows.
MENTIONED IN THIS ARTICLE
Berlix
Gustav von Kahr
Munich
Col
von Bredaw
Kurt von Schleicher
Edger Jung
Franz von Papen
Marburg
Jung
Kahr
Berlin
United Press
Ernst Roehm
Storm
Henrich Klausener
Boehm
Schneidhuber
Heimes
Ernst, Kayn
Schmid Heiderrek
Sprete
Anti-Semitism Halted By Revolt In Nazi Germany
Berlin reports a new wave of anti Semitism was halted by the Storm Trooper revolt. The surge weakened as Hermann Goering gained strength while cabinet hardliners faded. Nazi leadership faced internal issues, reducing priority on anti Jewish actions despite ongoing hostility.
MENTIONED IN THIS ARTICLE
United Press
Berlin
Adolf Hitler
Goering
Julius Streicher
Germany
Nazi Party
Farmers Seek Aid To Fight Chinch Bugs In Lorain County
A delegation of Lorain county farmers appealed to county commissioners for help after exhausting government allotments of pesticide. Harold Brandt and Edwin Shubert urged use of road oil, road emulsion, or creosote as barriers to protect cornfields from migrating chinch bugs. Commissioner Harry Shaw said no workable method was available. Brandt argued aid could boost tax revenue if crops are saved.
MENTIONED IN THIS ARTICLE
Lorain County
Harold Brandt
Pittsfield
Dwin Shubert
Amherst
Brandt
Harry Shaw
Akron man badly hurt in tire blowout crash
A tire blowout on the Oberlin Wellington road north of Pittsfield center sent a car through a guard rail injuring Francis Hanna of 137 Pleasant Drive Akron with a possible skull fracture. His wife, son, and daughter Mrs Alice Saum and her month old baby had minor injuries, all were able to exit before the vehicle struck a concrete abutment and rolled into a ditch en route from Mrs Saum's home in Saginaw Michigan to Akron.
MENTIONED IN THIS ARTICLE
Oberslin-Wellington Road
Pittsfield Center
Francis Hanna
Pleasant Drive
Akron
Allen Hospital
Oberlin
Alice Suam
Marie Dressler Fights To Live
Marie Dressler, veteran state and screen star, battles a burning fever averaging over 160 degrees for days in Santa Barbara. Dr F R Nuzum reports she was fed solid food after a liquid diet, spent a restless day yet slept some, remained mentally clear, and recognized visitors. Hundreds of letters and telegrams pour in for the 65 year old actress amid a complication of diseases.
MENTIONED IN THIS ARTICLE
Santa Barbara
Calif
Marie Dressler
F. R. Nuzum
Also Mentioned on This Page
Thomas Jefferson
Paul Revers
Ational
Qiing
Liberty Bell
George Washington
United States Independence Hall
Philadelphia
Savings Deposit Bank and Trust
IWO Fire Hydrants Wit
Peiver
Brandt Drum Corps
Legion Corps
J. W.jack Brandt
Elyria Post No 12
American Legion
Mr. Brandt
Troxel Manufacturing Company
Crack Ely Ria
Elyua
Secord
Chicago
Mr Brandt
Staty Black
J. W. Brandt
Rexford
Brain
Farmierg
Bugs
Akron Maan
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