New Britain Herald Newspaper, December 29, 1930, Page 1

News of the World By Associated Press NEW BRITAIN HERALD Average Daily Circulation For Week Ending 15,056 Dec. 27th ... ESTABLISHED 1870 NEW BRITAIN, CONNECTICUT, MONDAY, DECEMBER 29, 1930. -EIGHTEEN PACES 2 '~. PRICE THREE CENTS BETHLEHEM STEEL SHEET AND TUBE MERGER IS DENIED Gourt Rules Against Billion Dol- lar Deal and Grans Minor- ity Owners Injunction JUDGE FINDS METHODS USED WERE OBJECTIONABLE Jenknis Rules Consideration to be Paid Youngstown Concern Stock- | holders was Presence of Dalton, Insufficient—Says Director of Purchasing Company, at Secret Meeting of Smaller Firm Unethical Youngstown, O., Dec. 29 P—The proposed billion-dollar merger of the Bethlehem Steel Corporation the Youngstown Sheet & Tube pany was denied by Common Pleas Judge David G. Jenkins today when he granted minority stockholders an injunction restraining the combina- tion, Judge Jenkins handed decision six months from the incep- bitterest legal fights in corporate history, a strug- gle of millions that was carried out first with proxies and then with law. suits. Forces marshalled by Cyrus 8. Eaton, Cleveland financier, went in- com- down hi: tion of one of the to court with charges of fraud after | battle for proxies. Not Adequate Sheet & a spectacular Information The judge said that the Tube board of dircctors after they had approved the r early this vear, did not give adequate informa- tion to their stockholders on merger when they met last April and approved it. Whether intentionally or not. decision said, the three employed to make the audit of the merging companies prior to the merger delivered a misleading re- port to the stockholders The ratio of exchange on one share of Sheet & Tube stock for a ghare and a third of Bethlehem also was attacked. He said that his study | of the accounting phases of the con- sideration “makes to my mind no lefinite conclusion possible that the final ration was adequate Julge Jenkins said that the court was without sufficiently supported racts clearly to pass a judgment on the price involved in the merger. Also, he said, th rectors and share were without *any forming such judgment.” Doubts Consideration Adequate “Indeed, to put it mildly.”” the de- rision said, “it must be frankly 4 {hat in the present state of the rec- ord grave doubt as to the adequacy of the consideration exists." The decision was written in pen- ¢il by the judge in a round careful hand on 19 pages of foolscap paper. He made th copies himself, desir- ing that no mistake be made i ing a stenographer or tyy cribe it. One copy he of the Mahoni pleas court. The other copic presented 10 newspaper men. Judge Jenkins will take a tion resuming his d he court "The big jo! ished,” 1 the as well basis for olders such vaca- befor: ties at said Censures Dalton o censurcd the pres- Dalton, partner in er & Company director of Bethle- & Tube directors’ when they rati- is fin- Pickands, Cleveland hem E meeting March fied the merger. ‘Whether he voted or did not vote on the merger contract his presence and approval of the merger at that time “werc in cquity a breach of jud a Harry ( Mat nd 12 the (Continued on l'anfl Two) CATCH BURGLARS AS THEY ROB THEATER Fifty Shots Fired at Jersey City Fugitive by Police Officers Jersey City, Dec caught in the 29 (P—Burglars at the Tivoll and Garfield were act theater, Communip avenues, early this morning, pursuit of of them some 60 shots were fired in a chase over the Lehigh Valley railroad tracks, Four one men were arrested. Detectives had been guarding the- | aters nightly during the last week of burglars. Through a win- of the a detecetive ivoli sAW at work on the office safe. When two riot squads, consisting of 15 men, answered his call, the knob of the had been wrenched off preparatory to work on the tumb- lers. Rushing into the theater the lice arrested Michael Junio, East 141st street New York. other man fled, shedding a heavy overcoat as bullets flew at him on the railroad {racks. He was not On information obtained from Junio the police went to Van Horne street, Jersey Cit and William Sukulski, who lived there. He had only a light overcoat to wear to the station house. The other two arrested were sus pected of being lookouts, two men po. and | the | accountants | Sheet & Tube di- | of | and in | 7 |‘Baldwin of superior court The | hit. | « arrested | || First Airplane Repair | Bill Suit Is Started Waterbury, Des 29 (A — The irst civil action to be brought in | | Waterbury for repairs to an air- || rlane and for alleged unpaid | | hangar rent, was started today in I the court of common pleas when the Bethany Land company of Naugatuck started a $600 -action against Webster Schmelling of Harrison, N. Y. The plaintiff claims $300 is due for repairs to a Pitcairn airplane as well as 3168 for rent of hangar space from August 15 to November 30. e e ) HARVARD'S LEADER ASKS FELLOWSHIPS { Pres. Lowell Offers Unique Edu- cational Proposal WOULD FINANCE GENIUSES Graduates With Bachelor's and Doc- | tor’s Degrees, Under 25, Eligible—- Plan Excludes All But Remark- able Scholars, | Cambridge, 29 (UP)—| }}[ar\‘ard planned another new de education today. -1930 of Presi. forth | Mass., Dec. | parture in The report for 19 | dent A. Lawrenc |a proposal under would pay the expenses of its best students for three to six years, their sf The n Lowell which Harvard per- | mitting them to pursu adies without financial worr. is similar to the ship system. Age Limit No one more than cars old would be eligible for a fellowship. In arguing for the plan, President Lowell set forth the fact that one- | half the British winners of Nobel | prizes have held fellowships at Cam- bridge universit The president reh, while plan ‘ European fellow- 25 Years id cooperation in| good in working out well-defined problems,” did not |touch “the greatest of all contribu- [tions to thought, that of discover- ing a wholly ncw problem to be solved.” \is,” he said, art or literature, « ition of IBY: “like a work is essential single brain. To select men capable of this, to set them at work in surroundings most adapted to entice and fructify imagination, certainly worth while if it can be done | Three Year Period Named i The plan would provide means for | the young men for three years and would be granted only after they| |bad reccived their bachelor degrees and the degree of doctor of philoso- phy or of scicnce. the tion of the first th | dents would be eli three-year appointment. It was indicated, however, plan would be no mere opportunit The time SECUTE chelor's degree at Har- card usually is four years. Three more required for a doctor's de- gree. The almost prodigious prom- | ise, needed to be singled out for a| cllowship, would scarcely achiev- ed by students forced to work their way through the university, it was | pointed out. The 2 to be a sig singular eligible for e youth h seven of the is the another st P that the poor man's required to ; | a ar limitation that only was taken students of would be The aver- | Harvard 18. | in which be fellowships ente years W to cd on Page MAYOR ORDERS BOARDS ' TOKEEP BUDGETS LOW | Quigley (Contin | Declares Against Increase in | | Tax Rate—Emergency Funds | Nearly Exhausted. All municipal departments will be | obliged to keep their estimated ex- penditures down to a minimum when preparing the budgets for the com- | inz fiscal year, Mayor Qi said | | today. The annual struggle to keep | the rate down will soon be start- ed and the mayor is determined, he | said, to prevent an increase over the | present rate, The public works department has almost exhausted the $100,000 which | was borrowed a few months ago and the public welfare department budget will be considerably over- | drawn. More moncy must be pro- | vided soon or a large number of la- borers in the public works depart- | ment will be laid off. | ey |and nearby | all classes of federal taxes, lof 2,8 lo | to presentation |a final le TAX REBATES MADE OF UNDER 850,000 INTHI3 VICINITY Report for Past Year Filed th‘ Congress by Secretary Mellon REFUNDS BELOW $600 | ARE NOT PUBLISHED New Britain Residents Paying Tax on Incomes for Calendar 1928 Increase by aB—IlBr"ord] Shows Incline—Assessment on Ik'- { | tween $2,000,000 and $3,000,000 1 Filed by Connecticut Citizel MANNIN ‘Washington, Dec 7]1’7\1!:'15 of dera taxes amounting to nearly have been made to indi- | and of New Britain s during the last | a report made to Secretary of th Mellon. | covers refunds made on but doc less than viduals firms place year, according to congress today by Treasury Andrew W. The list include refunds of The report is required by law enacted after protests had been made against alleged secret refunds of tax | List of Beneficiaries | Those in New Britain and nearby cities who recetved refunds and the of the refunds follow: not 0. Hawthrone 51; Bristol Trust Bristol, $878.38; 242 Center strec Eagle Lock Co., Terry Goss De Lecuw Ma- Co., New Britain, $602.12 helbert Allen Moore, Sunnyledge, v Britain, $543 =W Brit National bank, New Britain $6,093.- : Charles H. Norton, Xedstone Hill, Plainville, $627.64; Mrs. May R. Pagg, 151 Greve str Bristol, Stow & Wilcox Co., Southington, $30,044.- 0., Church Street ex- $2,458.13; The rit $3,- Britain, Co., 103 ford, $ Main str Chidsey, $570.43 $1.533.9 str tol, vill chine Et Center street, oot Bristol, Works, New Union Manuf 4 in, 3608 Barnes, Bristol, $7 Brothers Bolt Co., Milldale, Taxable Incomes Inc: The number of New Britain r dents who filed statements of ta able incomes covering the calendar | vear 1928 was 58 higher than in the preceding reaching a total according to port made the Burcau of Internal nley vear, 76 a T public by au | Revenue | The city of Hartford, reporting 2,088 taxable incomes was the only community in the county to- tal excecded that of New Britain, An increase from 23,583 to 24,236 was noted in the county. | Other Towns in County Reports from citics and towns rrounding New Britain were listed follows: Bristol, 1,236; Sout} hing- Plainville Berlin, 148; whose ton, 303 Newingtol Other reports for Hartford County ere: Avon, 4 Bloomficld, 90; Burlington, 2; C: 84 Sast anton, (Continued on Page Two) 'PUTTING TEETH IN LAW ON SALE OF FOODSTURFS ™ in Ordinances Regulating ‘ Selling of Edibles. Dr. 1. J. Dumont rintendent health, has completed a revision of the health ordinances for action by the board of health preparatory to the ordinance the common council. | that ordinance take up the matter cks 50 as to make | to the council carly committee o cxpected nittee will oW we report 1931. Dr. Dumo i the principal nges to be recommended coneern the milk and food ordinances, some of which do not cover condi- tions as they cxist at present, al- though they were adequate several years One of the proposals 1s to put teeth in the ordinance which does mot provide for prosecution of storckeepers handling foodstufts which merit condemnation. It is com within a in ! George Shevlin Held By Police | Stamford, Dec, #®) — Geor said by police to he inent figure in the political and | sporting life of New York and West- chester county, was arrested i Stamford this morning, on a bench | warrant issued by Judge Alfred C.| st The warrant charges him with | and posses- | with mutilated Shevlin, a prom day. | concealing a stolen sion of an automobile ngine numbers, The bench warrant was scrved as Shevlin appeared for trial on the two counts in the local court. The charges werc nolled here after his | arrest and he was immediately taken to Bridgeport. Prosccuting Attorney ¥Frank Jam- rozy of the Stamford court declared ! United States, Mr, JAINI0ZY AeClarcd, | ¥ eammemmsms———— |Jjured navigation, | found in possession of Shevlin, In Alleged Auto Theft Checkup he had b presence ed for the bench warrant of his inability to secure the of Samuel Angeloff, a Brooklyn attorney, here to testify in the case. He called Angeloff the ate’s key witness. He declared the state expects to sccure Angeloff’s presence in Bridgeport when needed through the New York State Bar as- sociation. The state alleges Angeloff was the | loriginal owner of the which was here, Angeloff had reported it New York. Investigation case by Stamford police and insurance company detectives had uncovered information which may lead to the uncovering of a huge| automobile theft ring, embracing the ca at in | emerged { you lor by 1 | ganstein and directed him at pistol | | point to take |inspect the .| Dreylinger had been preparing for IR e RO Chain Gang to Be Used To Make People Work Wheeling, W. Va., Dec. 29 (P— Men with dependents who can work but won't be madc to do so by this city City council has re-invoke the chain gang, abolish- ed 15 years ago, for those de- scribed as “voluntarily unemploy- ed,” who have refused proferred jobs. Council directed police to arres ters as vagrants and send them to the chain gang if convicte —— CASUAL BANDIT OBTAINS $11,150 Youth Boldly Holds Up Theater| Cashler in Office THREATENS ELEYATOR AN are to just voted to the chief of all such cha | Dr. Crile Explains Recreated Life | BREAKS SILENCE ABOUT S[YjIELT[HSE'H]GBLI:“{]”SVffi]] Mla)trsltlal Jgfirecl.agstes ll\l/to (VP "3’9 OoCtors vay Londition ver NCNHNSTUDY Feo End Oy Mot % World War Hero Sinking Slowly Toward Lrcath—Many Notables Call at Hospital to See Leader for Last Time in Life — Air Minister Leaves, Eyes Streaming, in Belief End Is Near. LONE GUARD HOLDS ¢, LONVICTS AT POINT OF GUN IN BREAK Halts Rebelhon of 12 Dangerous Prisoners Intent on Escaping From Indiana Jail KEEPS MEN AT BAY FOR 50 MINUTES NEAR DOOR By Lifer | | | | Organism With Reference to Disease Prevention 29 (P—a hting a losing battle wi sank into a state of extrer ness today and his physicia a bulletin at 3 p. m. describir | condition as most grave. A few m te aris, Dec. is most gra Fontaine, onc of t added his own comr “The 1 ached on abl arshal has re MONTHS OF RESEARCH Brain Tissue Broken TUp Into Com- his indor before the tin was issued General of staft under the mars his old leader and repor hero of the Marne slowly erly Treated—Distinguished Scien- | Doctors His ! been at night since hope that the a mira Lapses Into Coma n worl now Gag Led Penitentiary ponent Parts Unites and Appar- LR Convicted of Murder, Who Opens ently Takes New Life When Prop- | Cell Door With Key Made From Abandon 1t Other Men, e doctors th Hope spoon—Liberates tist Tells of Discoveries to Amer- AL of Whom Recently Attempted ican Savants In Cleveland Today. scapes—Aid sent to Institution, Cleveland, Dec. 23 (P arti- 29 (Up) Invades Paramount Show House in New York, Collects Money Coolly Makes Getaway Into Times Square Crowd. New York, Dec. 29 (P—While hundreds of patrons chuckled over | the rustic adventures of “Tom Saw- | ver,” a beardless vouth put a gun on the treasurer of the Paramount theater early today and strolled from Times Square with th week-end receipts of $11,150. A f minutes 1 r uniformed policemen and detectives surround- ed the building, guarded every exit and scanned every person as he from theater, The h escaped, either by desc re escape on the 44th str ing o ough ti linz proper on 4 Midnight Show On t show, featur Mark T s when the walked into | ! Mor- w away entire w a f mount Jackie Coogan as the hero, il w in progre youth appeared. Hi an elevator manned by rst nest him to the treasurer's between the fourth and fifth On the way up, he fastened a small mask to his face with a rub- ber band Arriving at pushed Morgan through the door nounce himself office floors. office, the youth in ahead of him and told to according to r hen he lined Eli Dreylinger, the . and the elevator boy wall and procecded to bills and cash which hir him inst the depo “That all the do demanded. “Yes,” replied Dreyling, Wrap up.” ordere producing brown pap you got?” he a ps Out Telephone h the p: 4 inder b hold-up m npted the desk telephone from it ings and to smash the 1 chair, working coolly a Wit the s arn to tear fasten- ts with a d unhur t, The warned his aving by a secret | and | waiting into ra no! vietims : door, kn told them confe outside. Then elevator by w the sixth fioor, again Polic it of W. §06th v stock from th ials, derates were he stepped h h the it to and seen also the the from the lack, rth home of son of the tonal Mer- two broker, W. NEW YEAR'S EVE engle Says Usual Work Will Be Carried On by Squad 20 (P— drive ters by prol it wa Hartford, Dec no concertec car's eve cel nts this year, o1 tor for Connecticut. e men will be ol “and formed them th ) work jonger hours than will visit the activity they obs | of this office to malk drives. Wo carry on from day and do the work it more popular 8 C and make report 1t is not place of what the policy spectacular day to Mr. Sengle dismissed as nonsc the suggestion that particular vigilance was to be kept or that an effort at enforcement would di- vected toward amusement places. As is the custom of the artment here he said, the 1 would be out for observation purpe and for re- ports. Naturally, he said, if ther were cases of violation in evidenc the officers would take whatever tion was necessary, The the department, he said, was taken up with bootleggers and those nected with the crcial aspects of illicit liquor traffic. ac- concern of con- | com # * | THE WEATHER New Britain and vicinity: Cloudy tonight and Tuesday; not much change in temper- ature, [ | George | penetrate the | ering some physice Continues through the day. ' p 1 De “Marshal fell t 1y state of medical bul SUBDUE MERCHANT SIN WITH GAS ATTACK Held Over Stove by Wonld-Be Robbers, Cohen Tells Police RECOVERING AT HOSPITAL Hartford Jol Dr. empt to . The silence his ard p ndia ficially created W. Cril o extren = bu a ry of ca Cleveland sav broke I the about imors of covery rece dis- SINGER'S LAWSUIT OPENS IN VIENNA Jeritza and Hushand Claim Book Delamatory STAR STILL IN NEW YORK As barring door of a cell y freedom, most si ncing by 50 Minutes being City to put klow kept had Employs Live Cells ts were H D ells, of prototype of all ¢ tried th £ whom to It was Avenue Store Keeper Says Opera Claims Diva's Attention LS were Men Tried to Suffiocate Him — Lawyers Begin Presentation of diffe tou Against Dr. Muller Gotten- ot wa as not said th rent Policeman Nearby Saw No Sign of | Case ificance b for Crile when ell with c Intruders, brunn, men bed to 1otted ended walls. by dertaken for the i outer ght t norr Foceur * 3 = ier dur- 1 ol : e el enbrunn for defam e Bhnn i : et i to cell nergy of which | s A ter opened h N ¢ R i3 used for grow Claims Book e Characteristic za an e v got f Untrue of Cancer d her to the hou Before er locked emen armed e wa both pos- postulated” that if the sub- rming a living cell were ther propertly in an el trical solution, called an electrolyt stances o t in Case A Little Intere: lu( in Solitary (‘mllm"'ment ellions were ry conf cked ir D e riso CONNECTICUT FILES BRIEF 0N DIVERSION Legal Battle Over Ware and Swift Rivers At from o Uit like sa 1 v said. break, bt son tropolita have no i 1d o on tl onsciou: to the ad left they floor, O'Mara Saw Poli oM Hotel Fire Toll Unknown as Register Burns No One Enter proposed GIRL 17, HELD LD ON MURDER CHARGE lN LOVERSDEATH thJm Will Cost $2,500— ) Unemployed Men Get Jobs Queen’s Margaret Mwray May Have Lurcd sweetheart o 1'atal Rendez- Police Believe, vous, would inju It also cont dep t ion Yo Ay SHa shot to cha s hotel s orig pl could f Ma; version co! to water n the two with the supreme Ad-Am-An Club to Fire Rocket From Pike’s Peak for Amundsen WOULD WED IN FRANGE, NEEDS RECORD OF BIRTH marks the 1 Girl Who Says She Was Born in This City Writes For Certificate ory famous 1 for club, ation, © a member. ceremor initiation the 1ents to b cticut trend the d by Co in all probability take. will insist that the uses of streams must be made in ner as to not injure or damage s of riparian owners to a rea sonable and enjoyment of the waters; that without regard to law or the theory of the vance 1 rrang Am-An organi n was the 1clude mo she is une which 1 copy of her irned n French Dumont, s 1e to- h man- the Jo e that Oct. use Y 18, cords do effects S of & that the may prove thaf s bora In this ber of sA the common o (it ) explosion ( o us- ¢ from 1setts P Connecticut would have inte d with and in-