New Britain Herald Newspaper, December 15, 1924, Page 3

LSOO SPNPE BN s L S GREDIT AUTHORITY Week’s Activities in Catholic Churches St. Mary's. , Thera was an anniversary mass at WL SPEAK HERE Tregoe o Address County 7 oo Gathering on December 16 1mass tomorrow mornin ot tock for Margaret N. Begley. An anniversary mass fop Mrs. Abl- Tuesday, December 16, will mark an important day on the calendar of the Hartford Assoclation of Credit Mon when the directors of the assoclation will meet in confer- ence with officers of the national or- ganization for the purpose of dis- cussing credits and local credit or- ganization. The local county organization is only one of many that are scattered over the entire country and whose tota) natiopal membership makes it the largest and most potent business organization in the country. Tts membership comprises practically every manufacturing establishmentas jobbing enterprise, insurance com- pany and commercial bank in the country. It has heen responsible in large measure for the promotion of trade by credit and has rendered inestimable service to the business of the world. | Following the conference there | will be a-dinner in tha evening at the Burritt hotel which. will be at- tended by guests from” New York, TBridgeport and New Haven and the loca! membership which 18 made up of manufacturers, jobbers, bankers and {nsurance companies of Hart- fopd, New Britain, Meriden, Bristol, Plainville, Southington, Glastonbury, o'clock Thursday morning. On Friday morning at 7 o'clock there will be an anniversary mass tor Thomas N. Murphy. An anniversary mass for James Heck will be held o'clock Saturday morning. St. Andrew's, A requiem mass for Margaret Skritulsky will be held at 7:30 o'clock Wednesday morning. 125 YEARS SINCE WASHINGTON DIED Sunday Marked Anniversary of His Passing Washington, Dec. 15.—Yesterday was the 125th anniversary of the death of George Washington, He y Dec. 14, 1709, aged sl , at Mount Vernon, Va,, after an fllness of two days of i 7 acute oadematous laryngitis, then A};;.}:_ “r’:::flhp:ll":h;:n:n‘;:’iiili?ogl‘_ called quinsy. He had caught cold otis can Yo delvered by 3. I {In & snowstorm while erng apout the \'Mmml Assoclation of Credit | et e }:m r° hlseoias ‘; f Men, who has devoted his enure.!o al e !Omlw\ng or his cold, bu lite to the study of credit and who refused, saying he neyer took any- because of his assoolation with every | :\hl“éla;f:: EO"':)—I;’Q‘ '“I:I': ;': ‘:‘;:m: part of the country, is an uxmms-’ Jrea 3 tioned authorlty on credit matters, | €0 “k“h }‘)"‘1"([’113‘-\_ 5"""]“2”’ “]“"l' 2 Mr. Tregos is an entertaining as | Pea r; Cralk arrived, but ef- well as a forceful, instructive speak- | {Orts ;: sa\le‘hlm faile rj] ‘f‘lz 1oz1kr'a or whose message Wwill be of un.|over his wlil, arranged other mat- usual interest wgh,,fl"'.ns, e ‘ma and said he was certain he was There will'alao be other short ad- | dving, and as it was a debt all must lrr:-rvn by Frank Odell of the Webb | PAY. hnl looked to it with perfect tute of Naval Architecture of |vesignation. \ S formerly state nocremryi He bore the intense suffering with of the Connecticut State Association | his usual seif-control, but grew rest- of Credit men: Willlam E. Hilllard, |less as the day advanced, once president of the New Haven Asso- |2pologizing to Dr. Crai dictiaro ciation of Credit Men, and M. R. W. |but I am not afrald to go.” When Maney of Bridgeport. the present | he dled he had been feeling liis own state secretary. E. K. Plerce of |pulse. As he counted the beats his Hartford, president of the Hartford heart stopped. asgociation, will preside. Reservations are coming in fast - Reseiaons are comive n ot SPEEDING TRIAL WITH e R GOURT SESSIONS already signified their intention to | be represente e e MRS. ROBI DIES. New York, Dec. 15.—Mrs. Lillie R Mrs. [Fe @ | Providence Judge Hopes dury May | Return to Families For Robinson, wife of Nelson Rob- | Christmas inson, a member of the Metropolitan | « S and New York Yacht clubs, died yea- | Provideyce, R. T, Dec. 15.—Fne terday at her home. Her son, Nel. tfial of Anthony J. Amaral, ac- son Robinson, Jr., died while attend- | ing Harvard university. She was a laughter of the late George I. Seney, cused of kidnapping, criminally as- saulting and murdering nl ear-old Clementine Cosmo of East Provi- philanthropist, who died in 1803 dence on April 22 last, entered upon after having made benefactions its third week In superior court amounting to $2,000,000, including here this morning before Judge I. Rifts to Wesleyan university and the | Jerome Hahn and a jury, A strohg Methodist hospital in Brooklyn, probability exists that night sessions | will become increasingly frequent as the trial progresses, for Judge Hahn Mhas expressed a desire that the jur- ors he permitted te return to their families by C istruas at least, The case {s one of the most sensa- tional that has arlsen in Rhode Ts- land for a generation and public in- City Advertisement ADDITIONS Tfl\b ALTI',RATH)!\S‘ TO THE STANLEY SCHOOL -FOR THE CITY OF NEW T ¢ terest in it equals that which at- BRITAIN, CON- tended Whe famous Mohr trial in NECTICUT 1912, Public notice is hereby given that ready the record for time con- <caled Troposals for turnishing la- sumed in selecting a jury has been or and materials to construct Ad- | pioken, legal precedent has been litions and Alterations to the Stan- | (atered by the introduction of a v 8chool at New Britain, Conn., will be received by ths Committee on School Accommodations, Mr. Joseph M. Halloran, Chalrman, opened and publicly read at the Of- witness for the defense during the middla of the presentation of the state's case, and evidences pointed to a new mark for the number of actual hours in court which the fice of the School Board, New ‘Sl i pafore a verdiet is Bri#in, Conn, on January 2nd, |20 g 1925, at four P. M. The state rected Fridav forenoon The work for which Proposals are | " 0 "qoro e hag offered feati- hereby invited covers the complete construction of a Schesl Bullding ready for movable equipment. The work will consist of Alterations and Additions complete, school building mony of three witneases, SHOES FOR 5,700 CHILDREN, George F. Johnson Will Be Santa Wil be one and two storles hlgh | o ¥ e with part basement. The new addi-| C1aus to Town of Union, N. Y. tlons will e fireproof throughout! Binghamton, N. Y, Dec. 15— with the exception of the roof Every.achool chid in the town o which will be of timber construc- U'nion Will get a pair of shoes for a tlon Christmaa the gift of Bids will be received for tha | George F ashoe manufac- work under four separate contracts| turer. ap follows. Mr. Johnson annou that he will distribute 5.700 pairs of shoes among the children, irrespective of 1. General construction work nf school building which includes all masonry, carpentry, steel and fron | thelr eocial condition. It is a Chr roofing, painting and all work | Mas present and not a charity, he kindred thereto. says, intended for every child in the 2. For plumbiog and all work | toWN' in Which his factories are eit- kindred thereto. !mfd. R £ Tor heating and ventilating | Ile aleo bas an eran ine and all work kindred thereto. | limited supply o r bran of sleds that retail at $3 each, wh 4. For electrical work and all kindred thereto. | will be sold to all at the communit stores for $1 eac The right is reserved to ac- 5 The “‘"“:f-"“;": cept or reject sny or ®ll pro-| $ A posals. Al bids must be en- closed in sealed envelopes endorsed “ sal for Stanl , Ne Proponal for Stanley school, New| . om e oers Britain, Conn., addressed to Mr. Joseph M. Halloran, chalrman, com- mittes on school accommodations,” stating the branch of work covered. No bid will be considered unless ac- companied by a certified check to the order of the school board of the city of New Britain, Conn., in the amount of five per cent (5 p. c.) of the bid or a bid bend In like amount, binding the bidder to execute a con- tract if awarded to him. The terms of the proposals with surety required age fixed by the specifications. Copies of the drawings and specl- fications will be an file at the ofice of the architect for the purpose of estimating. A limited number of coples of the plans and specifications will be loaned to the prospéctive bid- ders on a deposit of $25.00 (Cash or Certified Check). If plans and specl- fications are returned on or before | the submission of estimates, check will be returned, but® should the ¥ plans and specifichtions be not re- turned, the deposit may become for- feited by order of the committee on school accommodations. MR, JOSEPH M: HALLORAN, Chairman. | , estimates made in 1919 of the cost of reclamation p marshat in Italy are at of what the actual expen be. of 29, 30 Coming Dec. 28, CAPITOL gall Healey will be conducted at 7' “NEW BRITAIN DAILY HERALD, MONDAY, DECEMBER 15, 1924. M/m MANY TRIBUTES T0 LABOR LEADER | Gompers’ Body Wil Li in State | in Washington ‘ By The Amsoctated Press. 8t. Louis, Dec. 15 ~The train bearing the body of Samuel Gompers to Washington, where it will lie in state until burlal Wednesday at New York, paused here from early morn- ing until@oon today, after a journey marked by outpourings of those who wished to pay thelr respects at all stations from San Antonfo, Texas, where the president of the Amerf- can Federation of Labor died Satur- day. The schedule from St. Louis called for the funeral train to reach Vincennes, Ind.,, at 3:50 o'clock this afternoon, Cincinnati at 8:55 p. m., and Midland City, Ohlo, at 10:48 p, Parkersburg, W. Va, at 3:40 o'clock tomorrow morning, Cumber- 1land, Md., at 10:60 a. m., with ar- | rlval at Washington scheduled for | 2:46 p. m, Last night the train kept to sched- L ule falrly well, although it lost some time when it stopped at various sta- tions for thousands of persons to file past the great flag-covered bronze casket. The floral tributes which covered the coffin when the train left San Antonlo were added to by the wagon-load as the train rolled north. At a number of towns along the route thoge who wished to ook upon the face of the fallen leader had to be turned away becaus: the train could not wait long enough. At McAlester, Ohla., thetrain had to bo halted agaln to put off some who had lingered too long. A vast assemblage train as it pulled into the Unlon station here. The cofin was taken from its silk cloaked catafalque and transferred to ancther obeervation coach attached to a Baltimore & Oblo train for Washington. This train is due to depart at 12:06 p. m, The time and exact place for hold- ing ‘the final funeral rites for Mr, Gompers had not been definitely de- 8 greeted the termined: by the executive council members aboard the train. The ad- visabllity of postponing the time from Wednesday evening as origin | v planned, to Thureday morning | in New York was advanced last | night, This again underwent a change when it was suggested to have a great public funeral in Mad- | fson Square Garden, New York, Wednesday night, the services to bs broadeast by radio. This was to be determihed at a mesting @ officlals | of the traveling party to be lmd here this morning. { Pall hearers for the Washing! on | services also were to be named. La- | bor leaders, who have heen plan- ning ever since Mr. Gompers Med in San Antonlo, Saturday, expected to meet many other officials of the federation here, and hoped to have assistance in the heavy work which has worn them out since their lead- or becams Il in Mexico City last week All members of the party were in good health on arrival but all were very much fatigued, Frank Morri- son, tary of the federation, npon whose shoulders has for the time devolved the work of chlef ox reutive of the organization, together with James Duncan, Matthew Woll and Martin . Ryan, vice-president, and John E. Giles, Chester M. Wright, ThomasMeQualde, Willlam D. Mahon, W. €. Roberts, Edward I Joseph Lynch, all officials, besides their duties of planning for the funeral, have recelved and e corted through the funeral car a most 100,000 persons since the cof- fin left San Antonio. The women of secretaries to the have constantly duty. Misy Mathilde May of York, Mr, and Miss Florence 10rne, his sscretary, have taken hemselves the care and arrange- nt of the flowers, which, growing volume at every station, filled the see Tracy. the party, officia)s, the aleo on Gompers' nurse, (e % | walls, | was the little bawfl which played a compartment where the body lay, covered the carket and finally were hung from the ceiling and on the At noon and in the dead of night| the floral tributes expressing the m‘nuun-ntn of the workers, both high nnd low, came forth in an unend- ing etream, One of the largest of« ferings came on late last night from Sedalla, Mo, federation, An ex- congressman sent a design of roses, | which arrived quite late and were | still tresh on the great bronae coftin 28 the firet tints of Missourl's dawn | touched the ecastern ekles, There were three outstanding in-| cldents on the trip, which besides the great crowds, touched the hearts of | Mr. Gompers' comrades most. Ope soft dirgg at Auatin, Tex, in the qulet of 1{11-. night. This was the first | stop out of San Antonlo. A little group of faithful followers huddled | at the step of the funeral car as the| muted tones seemed to caress Mr.| Gompers as he slipped by on his! way home. { Then there was the Indlan chief- taln, in tribal blanket and stalwart mien, who uttered the Indian prayer| for the dead at a little statlon just over the Texas border in Oklahoma. ! He stood over the coftin looking | down {nto the face of the man he d1d not know, asking the Great Chief, above, to be kind to the white chief in the happy hunting ground. Then very early In the morning| came two old Irish women at § Charles, Mo., 30 miles out of St. Louis. Daylight had not yet opened the eyes of most of the party on board when these two, in aprons, ev- idently just out of hed, came knock- ing at the funeral car. They had no flower: their rough hands held only the remains of the man they calle m. | His frlends held the thought that | the laboring people of New York | | uable handkerchiefs, as they viewed | quarter of the second year the cor- should be given opportunity to eee thelr dead IPader a last time, and for | this reason it was thought he should lia in state in New York from Wed- | | nesday afternoon to Thursday morn- ing. [T TUNE IN_| TUNE IN A Merry Xmas and Happy New Year WITH THE LARGEST RADIO STORL IN THE CITY RECEIVING SETS Atwater Kent Cabinet Model Freshman Masterpiece Crorley Sets, 1. 2 and 8 Tubes Marwol Neutrodyne Murdock Neatrodyne, Radiolas and others, RUILD YOUR OWN With These Kits FADA. FRESHMAN, HARK- NESS REFLE KERS LOUDSPE, Music Master, Superspeaker, Ma- sette, Brandes. Atwater Kent, Manhattan, Saal. Headphones and Phonograph Attachments Resistances and other hard to get parts, ¥ “TRICAL GOODS Boudoir Lamps, Table Lamps, Deck Lamps, Eveready Flash- lights, Xmas Tree Lighting Out- fits with Mazda Lamps a few suggestions: for Women Necklaces Mesh Bags Wrist Watches Diamond Jewelr Brooches Beaded Bags or Young Women Lavallieres Bracelets Wrist Watches Ivory Toilet Sets vour selection, pleagse you. Est. 19 ‘ 10 R. R. ARCADE Let us help you do your Christmas Shopping. Our stocks have been selected with careful regard for your gift requirements and offer a comprehen- sive range of quality mer Only a visit to our stor ception of countless, desirable articles we offer for The fairness HIMBERG & HORN mmmnv&mvfimmmmfiw Christmas Gift s Suggestions ADVERTISEMENT FIDELITY FINANCE MAKES SOUND PROGRESS New Britain’s Newest Fi- nancial Institution Makes Wonderful Progress Dur- ing the First Fifteen Months of Its Corporate Life. The IMidelity Finance corporation was incorporated under the laws of the state of Connecticut fn August, 11923, with an authorized capital stock of $100,000, succeeding the established general insurance and mortgage loan business conducted | by Joseph M. Chernoft of New Brit- ain since 1018, Scgular quarterly dividends of 2| per cent. on the preferreq sharcs were paid since its incorporation, it has no organization expense or any deferred charges, which clearly shows that the statement consists ofg solid assets. The common stock ' of the corporation fs growing val- every day. During the first ADVERTISEMENT ADVERTISEMENT ADVERTISEMENT LR T poration lms earned better than 16| Mortgnges on good real estats | of Connecticut passed laws in. 1919 per cent. on the common stock have buen accepted for ages gy the that speclfy a v:‘\uxln:’umln lMdlln- ' 4 erest to be charged {n lendin The corporation was formed 10! cont jnvestment. They aro the :“:"]:ly :p :0 rum;‘.ho. T u,: | gain the insurance business which | dest form of investment and date Is connected with the financing of |paek to Babylonian times, four automoblles on the deferred pay-|thousand years ago Mortgages are {ment plan. The corporation fs au-|today the first cholce of investor | thorized to do all kinds of financing | who seck the profitable employ- as well as to act as agent for the ment of capital under conditions of writing of any and all kinds of in- |absolute sccurity, A mortgage rep- purance, Before the corporation was | resents a loan of money on a defl- organized, the plans and Mmethods of 'nite piece of real te. The loan the large automoblis financing con- |is secured by two binding papers: cerns were thoroughly studied and | first, the mortgage note, in which analyzed. Buch investigations showed |the borrower promlises to pay in- that a well-organized corporation, |terest at a fixed rate at definite conducting its | ness along cone servative lines, wus bound to gain good return and could rafeguard ita investments so sccurely that the financing corpuration would be llquid far above the average busi- ness concern and subject to prac tically no depreciation, Since th corporation was organized, more than two hund scal people have Invested $52 b will clearly show their conf ¢ in the cor- Jemonstrate to g subseribing to lesirabllity of e amount al- ,poration and sho anyone contemy the capital stock the investment. ready subscri over three- fourths of the ) fssue. The corpora s fnancing au- | tomobile sales for w wn and respons dealers Be- fore the part-payment papers of any purchaser, the col poration Investigates the financial standing of the antomobile buyer. The automoblle s sold according to the corporation’s finance plans un- der a conditional hi e, which | has been drawn up by the best le- gal authority. * e periods, and also to repay the en- tire amount of the loan at definite times in instalments; second, the mortgage deed, which glves to the lender the fitle to the property in the 1t that the money loaned Is not repajd when due, or if any of the other provisions of the mort- gage note are not exactly fuifilled On March 10, 1924, the corpora- ton recelved a license from © banking commissioner to make eve ans up to $800.00 to responsihic persons. In analyzing one of the loan companies tncorporated less than t e years ago, their finan clal statement showed that in 1914 they loaned a litle over $100,000 and in 1923 they loaned nearly $12,000,000, This statement clearly shows that there is a demand for small loans,. You are entitled to know all the facts about this business so vitali important {n modern life today. The loan business of today is conducted by business men who reallze that the life of any business is assured only as the business answers fairly the need of the public. the | | wit The state | small loan law our books are sub- ject to officlal examination by the Connecticut state banking depart. ment. We have posted a bond with the bank commissioner, who regu- lates the small loan business so as to assure good public service and falr dealing. A license fee has beem pald by the corporation to the state of Connecticut to operate ia the city of New Britaln, We are actively engaged in & safe and profitable husiness — | dustrial loans up to $300.00, To more than 70 per cent, of the peo~ ple of today thers are times when a small loan will be of Inestimable value to them. It 1s then that many come to loan companies such as ours and are granted loans. Some of our loans are of a temporary nas ture .to shareholders, secured by fully-paid shares in this corporae tion, The industrial lender is & banker who makes small loans ef £300.00 or less, as a business prop- tion, This advertisement will doubtless come to the attention of many per- sons who have been unfortunate im their investments ,and who are in- clined to believe that there is ne investment that is perfectly safe, To those, we recommend a further study of the Fidelity Tinance plan of operation. When this is done, it be clear that our principles and practices ar- sound. We recommend the preferred and common shares in unit form te careful investors desiring the maxi- mum return consistent with the greatest safety, { Cash Mortgages on Rcal Estate, f\otns and Accounts Receivable. . 8,699.41 Loans Receivable—Industrial Loan Dept... .......... 26,476.53 | Installments due on Sales of Gapital Stock. .. Do 1425480 | Good Will, Incor}matlon and Organization Fo:ts. Commis- ] sions Paid for the Sale of Capital Stock and Prepaid | Advertising s o e Sy 1.00 | Office Furniture .......... 5 1,373.67 | Valuation of Insurance Imnm\ d|~ 0 2 13,890.05 | Accrued Interest on Loans and In.ustments. AR 1,612.63 } Total Resources g : e e S0 8 R T4 | LIABILITIES AND CAPITAL | iy Notes Payable—Local Banks .......ooevnens s $8.250.00 | J Notes Payable—Stockholders ........ s 5,310,00 ! Premiums Due Insurance Companies on Dorom\\or 3, ]‘\2 246.20 | 5 Reserve for Taxes and Contingencies ........ s 5 4 100.00 ! & Capital | Preferred T 343,575.00 CommoniE e e s 38,440,00 Sur To the THE Stockholders of FIDELITY FINANCE CORPORATION of New DBritain, Conn. The following statement shows the financial con- dition of the Corporation on November 29, 1924: RESOURCES Total Capital STOCK BrAe -plus and Undivided Profits Total Liabilities¥and ¥ Capital So i ai oo $2,509.38 82,015.00 2,596.29 398,817.49 I have audited the hooks and records of The Fidelity Finance Corpo- ration and certify that, to the best of my knowledge and helief, the fore- Respectfully submitted, M. E. LERN 750 Main Street, Hartford, Conn, going statement is true and correct. , Certi: ed Public Accountant. | | SPECIAL NOTICE } Our store will be open fro; I Sy o o 5 . Tyt m 8| Officers of the Fidelity Finance Corporation RADIO | MR. J. M. CHERNOFF President ! MR. R. C. SIMPSON Vice-President Eaui tH | MR. H. F. HAYNES Vice-President quipment Flouse | MR. C. H. MAXON Secretary and Treasurer Bl T Goc “’“"“"J | MISS C. M. CURTIN, Assistant Secretary & Assistant Treasurer | i | i { | : | i Board of Directors | { MR. R.C. SIMPSON Stanley Works | MR. B. W: \('.NEI‘ Superintendent Stanley Works [ MR. W. B. ROSSBERG Retired Merchant ! ‘ MR. C. F. LEWIS Prosecuting Attorney of Berlin i o MR. M. W. BANNON Manager O'Neil Tire & Battery Co. | | MR. A. JOHNSON President Stanley Svea & Grain Co. J e MR. T. H. PRISK President Wm. Prisk Mfg. Co, Wallingford et e MR. C. H. MAXON Parker Shirt Co. { S Al P-4 MR. H. R. STONE Business Manager Choate School, Wallingford , :’ MR. J. M. CHERNOFF President for Men : MR. H. F. HAYNES Vice-Presiden Elgin Watches ’ , Fraternal Jewelry : | Watch Chains g ! Cuff Links 9 | —eeeee— for Young Men ' L DIVIDEND NOTICE Kindly mail a desctiptive folder pertaining to '\lAl'yap Pl s [ The Fidelity Finance Corporation SOUD investment plan, without any obligation to | \Waldemars | Quarterly Preferred Dividend No. 3 e | Belt I‘““"f" g The Board of Directors of The Fidelity Finance Nam | Fountain I"":‘ Corporation have declared the fifth consecutive Ceeeens ceeeeaes | Military Brushes g quarterly dividend of 2% on the Preferred Capital | for the Home 3 Stock of this Corporation parable December 15th, | ~—— — —~ . P Ty o | § 1924, to stockholders of record at the close of Silverware J business on Noveinber 29th, 1924, City Cut G b C. H. Maxon, Treasurer . tertesaaan | Clocks P | e can give yvou a full con- 3 B | of our prices will . | | Th F.d l' F. C t, i 1 e rideiity rinance Corporation | | Years MMM”M‘GNM“\O\G@M | Professional Building New Britain, Conn. 87 WEST MAIN ST.