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Etherly Answers Bank Questions MUTUAL STANDARD SECURITY COMPANY OFFICIAL SAYS FACTS SHOULD BE KNOWN Tells How Proposed New Organization Plan Is To Operate SALARY, SERVICE AND POLICY OF GATES F. YOUNG ATTACKED Suits Against Mammoth Officials And Others Rushed Following Depositors' Meeting ACTION OF LIQUIDATING AGENT UNFAIR AND UNBUSINESSLIKE Would Sell Certain Things In Leader Plant for "Mess Of Pottage," Aided And Abetted By Dumb, Selfish Traitorous "Uncle Tom" Negroes "YOU'RE A SHINING LIGHT AND NEGROES ARE AFTER YOU," GATES YOUNG TELLS EDITOR By S. H. Etherly Questions have been asked about how the depositors who are members or stockholder of the Mutual Standard Security Company will be helped by cooperating with the Security Company. Because of quite a deal of misunderstanding, unfavorable comment, and misleading statements, the depositors who have not allied themselves with the organization are entitled to know the advantages and how they will receive more under the organization plan than they will by the present plan of liquidation. The Mutual Standard Security Company is simply all of the depositors--all of those who have money on deposit in the Mutual Standard Bank--joined together in a legal way to take over everything that is left of the bank all the assets, real estate, mortgages, note, calateral and money on hand or in the possession of the present liquidating agents. The Depositors will then elect a Board of Directors to take charge of the assets and elect or select a depositor, or a number of depositors if neccessary, to take charge of the assets and proceed to collect all notes, all mortgages, all debts owed the bank. and sell all real estate the bank owns, when the right price can be secured. Every six months an accounting is to be made and a report sent or given each depositor. If enough has been collected at the end of each or any six months, a dividend is to be declared and each depositor is to receive his proportion of the amount on hand. This process is to be continued until all the assets have been disposed of and money that can be collected has been collected and distributed. If enough is collected you will get every dollar you have on deposit in the bank. You want to know how this plan will help you. It is conceded and proved by experience that any respectable colored man can handle the affairs of the Mutual Standard Bank better, more efficiently, and more profitable than (Continued on page 4) Dressler Servants' Left Money And Evidence of Interest In Them WOMAN HELD FOR CARRYING GUN Mayetta Dunny, charged with carrying a concealed and deadly weapon and Porter Rhodes, charged, with disordely conduct were fined $20.00 each in police court by acting Judge Evans. A charge of disorderly conduct aainst Frances Pattor, Clarence Lee and Farris Jackson, was filed away. Officers claimed that they received a radio call to Shelby and Madison. When they arrived they found there five people in a Ford coupe drunk and when they searched the car they found a pistol in the possesion of Mayetta. Musical Spectacle To Attract Thousands Kentuckians To Leave Over Pennsylvania Friday Night, August 24; $12.00 All Expense Tour To Include Round Trip Ticket, Two Nights At Hotel, Tickets To Fair and Musical Pageant At Soldier's Field RESISTS OFFICER; SENT TO HOSPITAL Frank Webster, age 44, giving the address of 807 S. 7th Street, was fined $10.00 in Police Court by Acting Judge Evans, for resisting an officer, drunk and disorderly. Webster was arrested by Officer John Brown last Saturday night at 11th and Madison Streets. The officer testified that Webster was drunk and disorderly on the street,and that when he asked Webster to get off the street, Webster struck him in the face and went to his picket for something. Then the officer said he drew his club and struck Webster a blow across the head. Webster was sent to the hospital for treatment and later sent to jail. He was arraigned Monday in Police Court. M. E. LEADERS HOLD MEETING HERE By Wm. H. Ferris The Evansville and Louisville District Conference and Young People's Institute began its annual sessions Wednesday morning to close Sunday night. Dr. M.. W. Clair is resident bishop; Rev. D. E. Shelton, the district superintendent and Rev. R. D. Hines, the entertaining pastor. Rev. R. S. Mosby of Lexington, the Dean of the Young People's Institute, is holding the institute daily at the Friendship Baptist Church. Owing to the large crowds meetings were held at the tabernacle on Zane Street be ween 12th and 13th Streets. Among the prominent visitors is Editor Shaw, who speaking, said there were 1,700 charges in the connection. He said that the early Christian church was founded in the midst of wonders. The spirit of God moves upon the chaos and created the world. It is the wonders of life that attract us. The church must be a conquering body if it is to compete with other attractions. It is the star player, like Babe Ruth. who does marvelous things that cause baseball to draw crowds. Jesus was big because He did some wonders. It is the wonders that the church must do to attract attention. It is too tame. It must get into the realm of the extraordinary. Dr. D. E. Shelton then stated that Bishop M. W. Clair would automatically retire at the end of the quadrennium and that Dr. A. P. Shaw and Drs. King and Hughes were strong (Continued on page 4) DEAD [Photo] ED DAVIS Friends of Ed Davis, prominent educator and race leader of Georgetown, were shocked to learn of his death Wednesday through a telegram sent his friend, A. L. Garvin. Funeral services for Mr Davis are being held today, Saturday. SMITH ARRESTED AGAIN; BOND $1.500 Murphy Smith 25, 1316 W. Liberty St. accused of housebreaking was held to the grand jury under $1500.00 bond in police court Wednesday morning. Smith was arrested, after detectives. Wm. Murphy and J. Porter made investigations in the neighborhood and acting upon information arrested Smith in his home. Smith was accused of breaking into the home of Mr. J. M. Miles, 1324 W. Liberty and stole $30.0 in money. 2 diamond rings valued at $75.00 and a 38 revolver valued at $37.00. Several witnesses testified that they saw Smith in the yard where the property was stolen about the same time the house was broken into. The officers testified. that Smith admitted breaking into the house and that he threw the rings in the river. Smith was held to the grand jury on Aug. 7th on the same charge but on a recommendation of his attorney. E. Eubank Tucker, Smith was given a new trial. Tucker claimed that Smith was a moron, and that it would be a sin to send the irresponsible youth to prison. Jailed For Attack On Colored Girl STATE PYTHIANS ENDORSE BOARD RESIST AND CONDEMN RECEIVERSHIP ACTION Men And Women Of Order Unanimously Denounce Ben Davis Local Trouble Seeker Louisville, Ky., Aug. 6.--(Special To The Louisville Leader)--The Grand Lodge, Knights of Pythias and the Court of Calanthe of Kentucky, held annual sessions in this city last week, which were regarded as unexcelled in interest, enthusiasm, harmony and constructive work by any ever before held in the History of the Order. Despite the depression, the reports of the officers showed progress along all lines. Under the leadership of Grand Chancellor G. W. Saffell and Grand Worthy Counsellor, Mrs. Julia M. Richardson, both bodies united in adopting a program which will mean much for the future advancement of the fraternity in the state. The stockholders of the Pythian Mutual Industrial association listened attentivelv to the exhaustive report of the Board of Directors. At the conclusion of same, the following resolution, offered by Dr. E. E. Underwood, was unanimously adopted: "Be it resolved by the stockholders of the Pythian Mutual Industrial Association, in annual convocation assembled that we hereby heartily indorse the management of our Pythian Temple at Louisville by the present Board of Directors. We feel that they have managed our affairs with ability and integrity, and a desire to promote the welfare of our organization. Especially do we commend them for their recent action in the courts i n safeguarding our interests and we have every confidence in them as to the future." There was intense interest in the report of the Board of Directors, because of the fact that that Mr. B. J. Davis and a few other stockholders in the city of Louisville had recently filed a suit to place the Temple in the hands of a receiver. It was the unanimous sentiment of the stockholders that to place the building in the hands of a receiver would not only be an irredeemable loss to the fraternity but a calamity to the (Continued on page 4) Hires Negro Clerks Blumstein Agrees To Hire 35 Race Clerks; Boycott Ends Prizes Given For Neatest Lawn Support Leader Advertisers
Object Description
Title | The Louisville Leader. Louisville, Kentucky, Saturday, August 11, 1934. |
Volume/Issue | Vol. 17. No. 39. |
Contributors | Cole, I. Willis (publisher) |
Description | The Louisville Leader was an African-American newspaper published from 1917 to 1950 by I. Willis Cole in Louisville, Kentucky. This issue says Vol. 17. No. 33. but is actually Vol. 17. No. 39. This issue is twelve pages. There are illegible portions at the bottom corner of each page of this issue. |
Subject |
Newspapers African American newspapers |
Date Original | 1934-08-11 |
Object Type | Newspapers |
Source | Issue on Reel 4 of microfilmed Louisville Leader Collection. Item Number ULUA Leader 19340811 in the Louisville Leader Collection, University of Louisville Archives and Records Center. |
Citation Information | See http://digital.library.louisville.edu/cdm/description/collection/leader#conditions for guidance on citing this item. To cite the digital version, add its Reference URL (found by following the link in the header above the digital file) |
Collection | Louisville Leader Collection |
Collection Website | http://digital.library.louisville.edu/cdm/landingpage/collection/leader/ |
Digital Publisher | University of Louisville Archives and Records Center |
Date Digital | 2012-04-13 |
Format | application/pdf |
Ordering Information | To inquire about reproductions, permissions, or for information about prices see: http://library.louisville.edu/archives/order Please cite the Image Number when ordering. |
Image Number | ULUA Leader 19340811 |
Rating |
Description
Title | 19340811 1 |
Ordering Information | To inquire about reproductions, permissions, or for information about prices see: http://library.louisville.edu/archives/order Please cite the Image Number when ordering. |
Full Text | Etherly Answers Bank Questions MUTUAL STANDARD SECURITY COMPANY OFFICIAL SAYS FACTS SHOULD BE KNOWN Tells How Proposed New Organization Plan Is To Operate SALARY, SERVICE AND POLICY OF GATES F. YOUNG ATTACKED Suits Against Mammoth Officials And Others Rushed Following Depositors' Meeting ACTION OF LIQUIDATING AGENT UNFAIR AND UNBUSINESSLIKE Would Sell Certain Things In Leader Plant for "Mess Of Pottage," Aided And Abetted By Dumb, Selfish Traitorous "Uncle Tom" Negroes "YOU'RE A SHINING LIGHT AND NEGROES ARE AFTER YOU," GATES YOUNG TELLS EDITOR By S. H. Etherly Questions have been asked about how the depositors who are members or stockholder of the Mutual Standard Security Company will be helped by cooperating with the Security Company. Because of quite a deal of misunderstanding, unfavorable comment, and misleading statements, the depositors who have not allied themselves with the organization are entitled to know the advantages and how they will receive more under the organization plan than they will by the present plan of liquidation. The Mutual Standard Security Company is simply all of the depositors--all of those who have money on deposit in the Mutual Standard Bank--joined together in a legal way to take over everything that is left of the bank all the assets, real estate, mortgages, note, calateral and money on hand or in the possession of the present liquidating agents. The Depositors will then elect a Board of Directors to take charge of the assets and elect or select a depositor, or a number of depositors if neccessary, to take charge of the assets and proceed to collect all notes, all mortgages, all debts owed the bank. and sell all real estate the bank owns, when the right price can be secured. Every six months an accounting is to be made and a report sent or given each depositor. If enough has been collected at the end of each or any six months, a dividend is to be declared and each depositor is to receive his proportion of the amount on hand. This process is to be continued until all the assets have been disposed of and money that can be collected has been collected and distributed. If enough is collected you will get every dollar you have on deposit in the bank. You want to know how this plan will help you. It is conceded and proved by experience that any respectable colored man can handle the affairs of the Mutual Standard Bank better, more efficiently, and more profitable than (Continued on page 4) Dressler Servants' Left Money And Evidence of Interest In Them WOMAN HELD FOR CARRYING GUN Mayetta Dunny, charged with carrying a concealed and deadly weapon and Porter Rhodes, charged, with disordely conduct were fined $20.00 each in police court by acting Judge Evans. A charge of disorderly conduct aainst Frances Pattor, Clarence Lee and Farris Jackson, was filed away. Officers claimed that they received a radio call to Shelby and Madison. When they arrived they found there five people in a Ford coupe drunk and when they searched the car they found a pistol in the possesion of Mayetta. Musical Spectacle To Attract Thousands Kentuckians To Leave Over Pennsylvania Friday Night, August 24; $12.00 All Expense Tour To Include Round Trip Ticket, Two Nights At Hotel, Tickets To Fair and Musical Pageant At Soldier's Field RESISTS OFFICER; SENT TO HOSPITAL Frank Webster, age 44, giving the address of 807 S. 7th Street, was fined $10.00 in Police Court by Acting Judge Evans, for resisting an officer, drunk and disorderly. Webster was arrested by Officer John Brown last Saturday night at 11th and Madison Streets. The officer testified that Webster was drunk and disorderly on the street,and that when he asked Webster to get off the street, Webster struck him in the face and went to his picket for something. Then the officer said he drew his club and struck Webster a blow across the head. Webster was sent to the hospital for treatment and later sent to jail. He was arraigned Monday in Police Court. M. E. LEADERS HOLD MEETING HERE By Wm. H. Ferris The Evansville and Louisville District Conference and Young People's Institute began its annual sessions Wednesday morning to close Sunday night. Dr. M.. W. Clair is resident bishop; Rev. D. E. Shelton, the district superintendent and Rev. R. D. Hines, the entertaining pastor. Rev. R. S. Mosby of Lexington, the Dean of the Young People's Institute, is holding the institute daily at the Friendship Baptist Church. Owing to the large crowds meetings were held at the tabernacle on Zane Street be ween 12th and 13th Streets. Among the prominent visitors is Editor Shaw, who speaking, said there were 1,700 charges in the connection. He said that the early Christian church was founded in the midst of wonders. The spirit of God moves upon the chaos and created the world. It is the wonders of life that attract us. The church must be a conquering body if it is to compete with other attractions. It is the star player, like Babe Ruth. who does marvelous things that cause baseball to draw crowds. Jesus was big because He did some wonders. It is the wonders that the church must do to attract attention. It is too tame. It must get into the realm of the extraordinary. Dr. D. E. Shelton then stated that Bishop M. W. Clair would automatically retire at the end of the quadrennium and that Dr. A. P. Shaw and Drs. King and Hughes were strong (Continued on page 4) DEAD [Photo] ED DAVIS Friends of Ed Davis, prominent educator and race leader of Georgetown, were shocked to learn of his death Wednesday through a telegram sent his friend, A. L. Garvin. Funeral services for Mr Davis are being held today, Saturday. SMITH ARRESTED AGAIN; BOND $1.500 Murphy Smith 25, 1316 W. Liberty St. accused of housebreaking was held to the grand jury under $1500.00 bond in police court Wednesday morning. Smith was arrested, after detectives. Wm. Murphy and J. Porter made investigations in the neighborhood and acting upon information arrested Smith in his home. Smith was accused of breaking into the home of Mr. J. M. Miles, 1324 W. Liberty and stole $30.0 in money. 2 diamond rings valued at $75.00 and a 38 revolver valued at $37.00. Several witnesses testified that they saw Smith in the yard where the property was stolen about the same time the house was broken into. The officers testified. that Smith admitted breaking into the house and that he threw the rings in the river. Smith was held to the grand jury on Aug. 7th on the same charge but on a recommendation of his attorney. E. Eubank Tucker, Smith was given a new trial. Tucker claimed that Smith was a moron, and that it would be a sin to send the irresponsible youth to prison. Jailed For Attack On Colored Girl STATE PYTHIANS ENDORSE BOARD RESIST AND CONDEMN RECEIVERSHIP ACTION Men And Women Of Order Unanimously Denounce Ben Davis Local Trouble Seeker Louisville, Ky., Aug. 6.--(Special To The Louisville Leader)--The Grand Lodge, Knights of Pythias and the Court of Calanthe of Kentucky, held annual sessions in this city last week, which were regarded as unexcelled in interest, enthusiasm, harmony and constructive work by any ever before held in the History of the Order. Despite the depression, the reports of the officers showed progress along all lines. Under the leadership of Grand Chancellor G. W. Saffell and Grand Worthy Counsellor, Mrs. Julia M. Richardson, both bodies united in adopting a program which will mean much for the future advancement of the fraternity in the state. The stockholders of the Pythian Mutual Industrial association listened attentivelv to the exhaustive report of the Board of Directors. At the conclusion of same, the following resolution, offered by Dr. E. E. Underwood, was unanimously adopted: "Be it resolved by the stockholders of the Pythian Mutual Industrial Association, in annual convocation assembled that we hereby heartily indorse the management of our Pythian Temple at Louisville by the present Board of Directors. We feel that they have managed our affairs with ability and integrity, and a desire to promote the welfare of our organization. Especially do we commend them for their recent action in the courts i n safeguarding our interests and we have every confidence in them as to the future." There was intense interest in the report of the Board of Directors, because of the fact that that Mr. B. J. Davis and a few other stockholders in the city of Louisville had recently filed a suit to place the Temple in the hands of a receiver. It was the unanimous sentiment of the stockholders that to place the building in the hands of a receiver would not only be an irredeemable loss to the fraternity but a calamity to the (Continued on page 4) Hires Negro Clerks Blumstein Agrees To Hire 35 Race Clerks; Boycott Ends Prizes Given For Neatest Lawn Support Leader Advertisers |
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