Democratic watchman. (Bellefonte, Pa.) 1855-1940, May 01, 1931, Image 8

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    THRIFT CORPORATION
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road.
ee
Bel'ofonte, Pa, May 1, 1981.
PE —————————————— =|
[NEWS ABOUT TOWN AND COUNTY.
"While walking ‘in her home,
_ :alay, Mrs. Samuel Corl, of
_ oa t:wnship, fell and fractur-
41). She was brought to the
County hospital for treat-
Mrs. Corl is 88 years old.
--While working for the Shoe-
~ Bros, at State College, last
~.ay, Arthur Gearhart had his
_m so badly crushed under a
C.aln tile that the member
mpulated at the Center Coun-
spital, the same afternoon.
- Yesterday Judge Fleming
-! Jown an opinion refusing a
to C. A, Krape, of Spring
Ae =
ial
convicted of arson at the last
ol court. Krape is ordered
pear in court on May 14 for
del.
w---Davil Jerome Kelly is the |
pai:: of a little son who arrived in
ghe cme of Mr. and Mrs. Frank M.
Kelly, at Creer, W. Va., on April 6th.
‘As the baby weighed but 7%
ur.ds he will have to gow some
befo:e he will be able to knock a
phip off the shoulder of grandpa
Pavid J. Kelly.
——Snow flakes flying, on Mon-
fay, recalled the fact that on April |
27tl: and 28th, three years ago, we
had a twenty inch snowfall in Centre
pounty which blocked the roads and
gail oads, demolished telephone and
@leciric power lines and practically
fsoluted the county from the rest of
hc world for four days.
V. S. Shuey is the official dog '
pa. cher in State College. Last week
fe caught a little yellow dog running
large in violation of a borough or-
@inance. With the dog in tow he ap-
vg before burgess E. H. Lederer.
One dollar and costs,” said the bur-
Bess. Shuey paid the fine and depart-
ed. The dog was his own, i
—-—Pittsburgh papers, last week,
mnnounced that the marriage of Miss
Virginia English Furey, daughter of |
Mr. and Mrs. William Morris Furey, |
and Dr. David Alexander Cooper, of
Philadelphia, son of Mrs. John Coop-
er, of Henderson, N. C., will take
place in the Shadyside Presbyterian
church, Pittsburgh, at 5.30 o'clock p.
m, on June 1st. Rev. Dr. Hugh
‘Thompson Kerr will officiate.
—The Bellefonte Academy base-
bull season will open on Hughes
field tomorrow afternoon, at 2,
o'clock, with the strcng Bucknell |
Freshmen lined up against the Acad- |
emy. As very few home games are
scheduled for the season fans should |
take advantage of this opportunity
to see the first game. Those who
have seen the Academy boys at prac-
tice are confident they will give a
good account of themselves tomor-
row.
Late in February the Super-
dor gourt handed down a decision in
the gaze of J. H, Detwiler vs. Mus-
ser Coldren, in which the defendant
FrrERE 9RAEE, RRRYE
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was granted the right of anew trial
in the court of Centre county. At- |
‘torneys for the plantiff appealed to
the Supreme court to set aside the
judgment of the Superior court but
word was received, on Monday, that
the appeal was refused, which means
that the now celebrated case will
have to be tried again in the local
court.
—-—The various property owners
in Eellefonte who submitted pro-
posals for the site fora federal post-
office building are beginning to won-
der just where they are at. The
proposals were opened in, Washing-
ton on April 21st but so far post-
office officials here have received
no word as to the number or char-
acter of proposals submitted. A
mumber of other places in the State
‘where new buildings are to be erect
-ed were notified within a few days
as to the number of proposals and
price asked for each. Just why no
word has been received of the Belle-
fonte proposals is rather a puzzling
Question. :
~Tf a bill recently introduced in
the State Senate by Senator Chaun-
eey W. Parkinson, of the Greene-
Washington counties district, is en-
acted into a law members of the
mext board of Centre county commis-
wloners will receive a substantial in-
-grease in salaries. The bill pro-,
wides for a graduated scale of sal-
aries in seventh class counties—
‘$1000 to $1500 in counties with a
population of 20,000 to 30,000, and
$1500 to $2000 in counties with from
40,000 to 50,000 population. As
Centre county has over 46,000 popu-
lation the commissioners would be
entitled to a salary of appreximately
$1800 a year. i
—-On page 3 of this edition will be |
Watchman's roving reporter, John
Fleming, who represented this paper
as an official witness, Ordinarily we |
give little space to such gruesome
affairs, but in this instance the rule
is broken because Mr. Fleming tells
the story of the tragedy in the death
house in such an unusual way. We |
ed publishing it last week, an example of acompany that earn-
crowded out by later news | ed enough to pay their initial divi-
gE
intend
it was
a
for this week, however, feeling
$%E§
for an
thout being shocked
ration of the details.
i
1 service to the mi yy
| 1y food s community
greater local import. We held it in |
our readers might want to know |
what happens when one gives an | fice will be established in Bellefonte,
eye, a tooth for a tooth, [and later on at State College so
by crude nar- that adjacent communities can be
BEING ORGANIZED
am
| Local Business M.n Backing Small
Loans Institution.
Annvuncement was made Lhis
week that a small loans institution,
to be known as the “Center County
Thrift Corporation,” will be in op-
eration in Bellefonte, and later on
in State College, within the next few
weeks, according to the present
plans of a group of local
men who have been working on the
enterprise for some time past. Ac-
cording to the announcement the
plans and objects of the organiza-
tion can be summed up as follows:
The institution will be
loaning corporation and not a bank
of deposit. Its business function is
to make small loans, not exceeding
$300, to deserving people in the com-
munity who have no other banking
connection. It will be patterned
very closely after twenty other sim-
ilar enterprises located at Pittsburgh,
Monessen, Donora, Scranton, Roches-
ter, Lansdale, Pottstown, Phoenix-
ville, Clairton, Turtle Creek, Pit-
cairn and other places, giving need-
ed assistance to a class of people
not usually served by the State or
national banks.
The small loans company does not
enter into competition with the old-
line banking business in any com-
munity. :
In some States such corporations
are permitted to take deposits, hence
the title the “Small Loan Bank.”
But in the State of Pennsylvania
these institutions are prohibited by
law from taking deposits. And so
the term “bank” is a misnomer,
However, the term “bank” is often
used to discriminate between an in-
stitution of this character, which
charges very low interests rates, and
the companies that charge the maxi-
mum that the law will permit, to
wit, 429%. !
For several weeks preceding the
organization steps here, local busi-
ness men made a study of the op-
eration of similar small loan com-
panies in other communities. Robert
Hunter and D. M, Kline visited the
Lansdale Thrift Corporation recent-
ly, and the directors ans stockhold-
ers there were unanimous in voicing
the opinion that this institution was
the best institution that had ever
been formed in that community, in |
that it gave a real! helpful service to
needy people. It was pointed out
that the directors of the Lansdale
Thrift Corporation embodied repre-
sentation from every commercial
banking institution in that com-
munity. All avenues of information
disclosed complimentary details rela- |
tive to the movement and it was
the consensus of opinion that in |
nearly every case their respective |
institutions rendered an Shexpected-
a return for the in-
vestors in the stock of these com-
panies. !
At a later date a meeting will be |
called, which will be addressed by
prominent speakers who are conver-
sant with the details of the small
| loans company, such as Zane B.
Gray, president of the Williamsport
Thrift Corp.; Judge James H. Gray,
formerly president of the Pittsburgh |
' Thrift Corporation and now director |
of the same corporation, and C. R.
Anderson, president of the Pitts-
burgh Thrift Corp, At the same
time Mr. Hunter and Mr. Kline will
make a report to the guests who
will attend this’ meeting. i
The temporary committee for the
furtherance of this movement are:
John M.' Bullock, Bellefonte; L. D.
Fye, State College; George H. Hazel,
Bellefonte; D. M. Kline, Bellefonte,
who has already been selected as
temporary treasurer, and R. F. Stein, |
State College. All the above men |
are associated with important busi-
ness activities in their home towns.
All details have not yet been work-
ed out but it is understood that the
stock will be privately placed and
subscribed by local citizens in order
to 2void an exepnsive stock-selling
campaign.
It was explained that the plan for
obtaining ‘$100 is something like
this: A debtor owes a dentist, doc-
tor, merchant or other creditors
$100, or owes three or four credi-
tors the same amount. These cred-
itors may act as’ endorsers on the
the note and get the money at once.
Then the borrower repays the loan
at the rate of $2.09 a week for fifty-
six weeks. At the end of that
time, if the weekly pa: have
been promptly met, a rebate of $4.67
is given to the borrower for his
promptness.
The remarkable fact about the
small loan companies is that there
are almost no losses.
The Morris Plan Bank, which op-
erates much the same way as the
business
strictly & |
| but who had been working at State tail light.
NEWS PURELY PERSONAL.
Mrs. F. E. Naginey is back in Belle-
fonte after a six week's stay at Atlantic
City, having returned home last week.
—Having recovered from a slight in-
isposition he suffered, last week, Judge
M. Ward Fleming went to Pittsburgh,
on Tuesday, to hold court several days.
—Mr. and Mrs. 8S. Claude Heer went
to Baltimore, Wednesday, where Mrs.
| Here entered the Johns Hopkins hospi-
"tal for treatment. Mrs. Herr has been
PLEAS OF GUILTY HEARD | FEWER MOTOR ACCIDENTS
AND SENTENCES IMPOSED, DURING PAST WEEK,
In court, on Monday, Judge Flem- Fewer motor accidents happened
ing disposed of the cases against the past week than for some time
| George Harris Sr., and his two sons, previous. The only ome reported to ,
George Jr., and Carl, of Philipsburg. the highway patrol occurred in Miles-
The sons were charged with larceny burg, on Sunday, when Elizabeth
and the father with receiving stolen Jodon was hit by a car operated by
goods. The father and son - Howard G. Nagle, of that place. Body
were sentenced to make restitution, ' bruises and burns were the only in-
pay the costs of prosecution and juries. Patrolman Hughes investigat-
placed on probation for three years. ed the accident and decided it was
The younger son, Carl, was placed in unavoidable, as the child ran in front
charge of the juvenile court officer. of the car.
At a session of court on Tuesday Last Wednesday Corp. Gross and
morning Guy Carter, of State Col- patrolman Turner checked 18 cars
lege, plead guilty to passing worth- on route 220. 5 had bad emergency
less checks. The prosecutors were brakes, 1 bad foot brake and 1 no
Samuel Swarm and George P. Kuhn. mirror.
In each case he was sentenced to Out of 45 cars checked by patrol-
make good the checks, pay a dollar men Hughes and Turner, on route
fine, costs and serve thirty days in 45, on Thursday, 7 had glaring head-
jail. lights, 1 rusty reflector and 2 no
Benjamin R, Harris, of Salona, but rear light.
who had been working for the Cen- On Saturday Corp. Gross and pa-
tral Pennsylvania Gas company, was trolman Hughes were in Ferguson
brought into court on a charge of township directing traffic during the
‘desertion and non-support. He was | unveiling of twe memorials to Revo-
sentenced to pay the costs and pay Iutionary scidiers,
$20 a month for the support of his On Monday patrolmen Hughes and
children, giving bond to assure pay- Turner checked 35 cars on route 45,
ment. near State College. 7 had glaring
Edward T. Lederer, of Pittsburgh, headlights, 2 only one light and 4 no
| winter,
—Mrs. James K. Barnhart went to
| New Florence, last week, for a ten day's
visit with her brother and sister, Dr.
and Miss Cora Campbell, hoping by the
change to recover partly from her re-
cent indisposition.
—Miss Ella Levy, who is at Rochester,
Minn., left Bellefonte to go there the
, day after her arrival home from Florida,
to be with her brother, a surgical pa-
tient at the Mayo Sanitarium. Miss Levy
had been south for two months,
—Mrs. James H. Potter and her daugh-
ter, Mrs. H. Laird Curtin, went to
| Philadelphia, yesterday, where Mrs. Pot-
ter entered the Jefferson hospital as a
surgical patient under the care of Dr.
Heed, the eye specialist of that institu-
tion,
—Judge A. R. Chase came over from
Clearfield, Tuesday morning, to preside
at an equity hearing but when he got
on the bench he learned that neither the
attorneys nor the litigants interested
were ready to proceed and he had no
case to hear.
~Mr. and Mrs. W. T. Hunt and their
daughters, who were over from Renovo
Saturday, for the unvieling of the four
| revolutionary soldier's markers at Rock
Springs, drove from there to Huntingdon
that evening te be guests for the night
of their son, Dr. Hunt.
~—Mrs. Joseph B, Baker came in from
Pittsburgh, Monday morning, to look
over the improvements being
her summer home at Wingate, going east
the same evening with her brother-in-
law, Gilbert Mellvaine, for a visit with
her mother, Mrs. M. C. Breese, at Down-
ingtown,
College, plead guilty to driving a A check of 90 cars on route 220,
truck while under the influence of li- near Milesburg, on Tuesday, showed
quor, and was sentenced to pay the 4 with bad emergency brakes, 6 no
costs, a dollar fine and serve twelve | Windshield wiper and 1 swinging tag.
days in jail. | The same day 100 cars were check-
Paul Shorts, of Benner township, ed on route 53, near Centre Hall. 7
entered a plea of guilty to forgery had bad emergency brakes, 3 swing-
and was sentenced to pay the costs, ing tags and 1 no warning device.
$25 fine and serve 18 months in the On Tuesday evening Corp. Gross
county jail. , and Sergt. Miller surprised residents
Frank Morris, of Julian, plead of Karthaus by patrolling that lo-
guilty to larceny for taking a drive ' cality between 7 and 12 o'clock.
in Kyle Alexander's automobile with- | Twelve arrests were made for oper-
out his knowledge or consent and ating without having any registra-
was sentenced to pay a fine of one tion for car, one for not having an
dollar, costs and serve three months Operator's license and one for using
in jail. ! plates from another car.
Donald Watts, of Cooper Settle-
ment, Clearfield county, plead guilty | COUNTY AMATEURS WIN
to a charge of malicious mischief | SEVEN PLACES IN CONTEST
preferred by P. F. Stephenson, of the |
Kato Coal Co., and was sentenced to | Ihe fourth annual district music
make restitution, pay the costs and CODtest at the Pennsylvania State
placed on probation for one year. | College last Saturday attracted more
(than 1200 high school musicians
from the eight counties in Central |
Pennsylvania that are included in
the district.
DuBois won 13 of the 84 places; |
State College, Dale and Ferndale,
' with her many friends.
For the earl
on Phoenix avenue.
—Mr. and Mrs. Percy Miller, of Punx-
sutawney, stopped here, Monday, on
their way to Mrs. Miller's former home
THREE PART BENEFIT PLAY
FOR CRIPZLED CHILDREN.
The three part benefit entertain.
ment to be given in the State thea-
‘in {ll hesith for the greater part of the
—Miss Marry Hill, who was a resident |
of Bellefonte all her girlhood life, came |
up from Northumberland, the after part
of last week, to spend some time here |
part of her visit Miss Hill was a guest |
of Miss Emma Waite, at the Waite home |
tre, next Monday evening, for the
crippled children fund of Clearfield
and Centre counties, gives promise
of superior excellence. The enter-
tainment will be under the auspices
of the Kiwanis clubs of Tyrone,
Philipsburg and Bellefonte, and each
club will provide it's part of the
entertainment.
According to the program Ty-
rone's contribution will be a
oy of that town.
men will be in the cast and: Joe
Malroy’s ten-piece orchestra, of Al-
toona, will furnish the music. . Im-
| pressiveness will be added to the
minstrel aggregation by the appear-
ance, also, of the American Legion
drum and bugle corps, of Tyrone,
forty strong, and resplendent in new
uniforms.
Philipsburg's contribution to the
entertainment will be a one act mu-
sical comedy, representing a jungle
scene, in which thirty men will ap-
pear. They will also have as a
feature Arlene Bennett, of Altoona,
twelve year old acrobatic dancer,
As a closing part Bellefonte will
present the Penn State Varsity quar-
tette, Robert Flasher, super magi-
cian and Veto Aluso, accordian vir-
! tuoso, of Penn State.
Tickets are now on sale by mem-
bers of the Kiwanis club. The price
is $1.00, about half what the enter-
tainment will be worth, and if you
haven't bought yours don’t wait too
long to get it.
SERIES JF SERMONS ON THE
“The Second Coming of Christ,” and
the public is cordially invited to at-
tend all services.
‘It is not Rev. Householder's inten-
tion to tell what he thinks, or what
theologians say about it, or even
give his interpretation as to what
the Bible teaches about it, but to
tell what God actually says about it
in His word. The subjects will be
as foliows:
May 3.—Prophicies concerning the ad-
vent of the Lord; were they all fulfilled
at His first advent?
May 10.—The necessity of a second ad-
vent, and false theories about the second
coming of Christ.
May 17.—8igns of the second coming of
Thrift Companies, made a public an-
nouncement reecntly that in the
| Christ coming for His church.
April 20. It was written by the a single investor therein had ever
lost a penny.
enjoyed by all the Thrift Companies.
All of the Thrift Companies have
been in a position to pay a dividend
within a year and some have actual-
ly paid dividends within six or eight
months after business. The
Williamsport Thrift Corporation is
dend at the end of six months, at
which time they went ana 69% basis.
It is expected that the Thrift of-
adequately served,
Christ.
May 24.—The rapture of the church, or
May 31.—The great tribulation,
June 7.—The glorious reign of Christ
The same record is | upon earth.
——Will Keichline will have
get a new name for his
filling station at Nittany,
opened his place there it
known as “The Larch Tree,
cause right in front of it
for it. It dented the roof in a bit,
but did no serious damage to the
building.
each won 6; Petersburg won 5; Hol-
lidaysburg and Lock Haven 4 each;
Westmont, Johnstown and Spangler 3
each; Middleburg, Antis township and
Avis 2 each. i
The schools in Centre county that
won points were as follows: {
Alto solo—third, State College.
Soprano solo —third, Lenore Mor-
gan, Bellefonte.
Piano solo—first, Miss Martha
Borind, Sate College.
solo—second, State College.
Clarinet solo—second, State Col-
ege. :
: Girl's quartette—third, State Col-
ege.
Band, Class B.—State College.
In the county contest Lenore Mor-
gan, Bellefonte, won first in the so-
prano solo.
In the tenor solo contest Merrill
Alexander, Julian, won first place.
had spent a month,
—Mr. and Mrs. J. R. Heller, of Avis,
with their daughter Rebecca, spent Sat-
urday at State College. Their daughter
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TWO FINE PICTURES
TO SHOW HERE NEXT WEEK
While all the pictures to be shown |
at the Richelieu and State next week |
will be up to the standard of those
two theatres there are two to which |
we feel warranted in calling special |
attention. i
One is “Father's Son,” which will |
be shown at the State all week. Itis
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—Mrs. T. A. Shoemaker, returned home
from Washington, Wednesday,
panied by her daughter, Miss Ellen,
will ha her until Sunday, on a farewell
visit home before leaving to spend the sum-
! Mrs. Harold Kirk is expected home,
this week, from Lewistown, where ghe
underwent a sinus operation three weeks
ago, and since that time has been un-
der treatment,
—Roy Wadding, manager of the down
town A. and P., spent Sunday with his
wife at the home of his parents, in Im-
diana, where Mrs. Wadding has been for
two months or more.
—Edwin Thomas, who with his flance,
arrived here from Indianapolis, Sunday,
has been spending the week at the
Thomas home in Coleville, as guests of
Edwin's parents, Mr. and Mrs. George
Thomas.
—Miss Caroline M. Valentine returned
to Bellefonte, Monday, to open her house
for the summer, after having spent the
winter in Bermuda. Miss Valentine has
been at The Markland while getting her
house ready to occupy.
—Mr. and Mrs, W. H. Miller, with
Mrs. May Colyer as a guest and Herbert
Heaton driving the car, motored to
Gettysburg, Sunday, to visit for a part
of the day with Mr. Miller's brother,
| Robert, who is seriously ill at his home
in that place.
~—Mrs. Craig Scott and her small
daughter, Cynthia Anne. are here from
Erie, visiting with Mrs. Seoli’s grand-
| parents and mother, Judge and Mrs. Kl.
lis L. Orvis and Mrs, Driscoll. It is
Mrs. Scott's first visit home since her
marriage more than a year ago.
—Comptroller Ray. H. Smith of the
Pennsylvania State College, with Mrs.
Smith, who have been in Florida for
{most of the winter, have returned t o
their home at State College. Mr. Smith
is on a six month's leaves of absence
{dnd will not resume his duties until the
| expiration of that time.
i ——
NTE WOMEN
ORGANIZE GARDEN CLUB.
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——250 golf clubs.at $1.00. 4
golf balls $1,00, for one week, at the
Potter-Hoy Hardware Co. 18-1t
A BELLEFONTE BOY,
LEADER AT SUSQUEHANNA.
Fred R. Fisher, son of Mr. and
Mrs. John M. Fisher, of south Wa-
ter street, Bellefonte, who is a sen-
for at Susquehanna University, has
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dramatic clu
ty. He will take his degree in busi-
ness administration in June.
FLOWERS FOR MOTHER'S DAY,
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