The Culver Citizen from Culver, Indiana • Page 1

Monthly "FARM and HOME" Section With This Week's Edition THE CULVER CITI ON LAKE MAXINKUCKEE INDIANA'S MOST BEAUTIFUL LAKE C7TII YEAR, NO, 2 CULVER, INDIANA, WEDNESDAY, JANUARY 11, 1961 TEN CENTS ZEN Matthew E. Welsh Takes Office As Indiana's 41st Governor The late Exchange Banli ontinues Amazing i'onili Combined Resources Near 532 Million; Capital Structure Reaches 52 Million ALL RECORDS SHATTERED DURING 1960 The combined statement of The State Exchange Rank of 1 Culver and Argos, and the Farmers State Rank of LaPaz, as ti By Al Spiers Sheet' Musoum Of Rare Indiana Antique Relics In Carroll County Continued from last week XO SIGNS POINT the way and even with local directions it's not easy to find the old red mill long "Wildcat Creek near tiny drier in Carroll County, about GO miles south of Culver. Yet nearly 10,000 people a year seek out and visit this sturdy, 115-year-old structure because owner Claude Sheets, a retired electronics on pinior ft AL SPIERS Jlldde fjsd. nating historical treasure trove. SHEETS, REARER nearby, loved the old mill as a boy.

Forty years later, finding the mill closed, he bought, reconditioned, and leised it to-his brother, Dewey. For a dozen years, during (Continued on Page 15) (id published in last weeks issue of The Culver Citizen, showed the total combined resources of the three financial institutions as of Dec. 31, 1959 to be $31,481,143.22, and as of Dec. 31, 1960 to be 13, making a whopping increase of $463,536.93 over a vcar ago. The truly amazing combined statement shows a substantial increase, not only in the total resources, but in the capital structure.

The statements of these outstanding banks reveal that the combined capital structure of the three banks has now reached approximately $2,000,000, and the total deposits of the three Culver-managed banks to be in excess of $30,000,000, which is the largest in all history. Moreover, the report made by the officers also shows that the State Exchange Finance Company the largest growth during the year of 1960 that it has ever Hlijt- HON. MATTHEW E. WELSH Lura Walker Hew Auto License Branch Manager s2 DKANK K. WALK Kit The appointment of Lura Mae Walker as the new automobile license branch manager at Plymouth Governor Matthew K.

Welsh is a popular one, being widely acclaimed by members ot tinth This popular Vincennes attorney, businessman, and Democratic leader became the State of Indiana's Chief Executive at impressive ceremonies in Indianapolis Monday morning. His "miracle" Nov, 8 victory was a great personal tribute in view of the fact that he was one of only two members of his party on the state ticket to survive the Republican landslide for Vice-President Richard M. Nixon, preferred by Hoosiers by more than 215,000 votes over President-elect John F. Kennedy. Coventor Welsh received the oath of office from his law partner, E.

Curtis Shake, former judge of the Indiana Supreme Court. U. S. Senator Vance Ilartke spoke at the inauguration rites. Welsh succeeds Republican Harold W.

Handley, who was an excellent Governor these past two years since his S. Senate ambitions were denied. At separate ceremonies an hour earlier two Republicans took their oaths of office. Richard (). Ristine of Crawfordsville became our Lieutenant Governor and Attorney General Edwin K.

Steers began a new term in the post he has filled so well since 1952. "Matt" Welsh spoke at a Culver breakfast meeting during the campaign and made a li 'c impression here. lie is faced with a split Slate Legislature with the Democrats holding a very slight 26 to 2-1 edge in the Senate and the Republicans controlling the House by a lopsided majority of 65 to 34. The 92nd General Assembly is in session for 61 days beginning Jan. 5.

Dr. Otis R. Rowen, a Republican, is Marshall County's State? Representative and Democrat Marshall F. Kizer represents us in the State Senate. AddreSSeS LOCal dtionfl1 advances made in i Russia recently.

Chamber Monday Dr. Blair spoke at the Cham- ber's regular meeting at- The had, uid that the a 1 of this progressive affiliate company are more than million. Electronic System Installed i dent W. O. Osborn O.

OSBOUN I reported that during the year of 1960 they installed electronic bookkeeping machines at the Culver bank, which aUso serves Argos. The electronic equipment is considered to be the very latest aivl most up-to-date bookkeeping system in existence. Remarkable Growth At LaPaz It was further poluted out that the total resources of the bank at LaPaz are f-lightly in excess of $8,000,000, which is an all-time high for that bank, which operates out of a Marshall County town of slightly over 500 population. Argos Bank Very Successful It was also proudly mentioned that the business at the Argos bank showed a tremendous growth during the past year. Dividends I)Hiurel The usual dividend has been during 19fi0 in all three baDks.

The officers and directors are well pleased with the I960 results and feel that 1961 will show a further increase in growth. LKS SNYDER TERMINATES S.W.KS AGENCY FRIDAY Lea Snyder of Snyder Chevrolet Sale announces that he has his sales agreement with the Chevrolet nnd Oldsmobilo dl- visions of General Motors Oor- poratton etrective r'rlday, Jan. id. Mr. Snyder wishes to express his sitwere thanks to everyone for their past six years of patronage.

His future plans are indefinite at this time. Lot God havo His way at Home at Church at Worlt. UMH CALLS FOR NEW forms, statements, letterheads, business cards, envelopes, and othor job printing. The best and most reasonable place to buy tli oho supplies is at The Culver Prow, home of Tim Culver Citizen. Estimates gladly given.

tf i iiniiiini.iii.MiiiiiMWMMi i w. The choice political plum came 'Paid by these three banks, includ-to Mrs. Walker as a reward for ing the dividend declared by State her outstanding work as vice-, Exchange Finance Company, chairman of the Marshall County Optimistic Over UMH Democratic Committee since 195.S.! The officers reported that thy She will assume her new duties on opened up many new accounts Lemuel A. Is Mourned By Entire Community "etlred Merchant Dies At Age 70 Lemuel A. Crabb, age 78.

of SO 6 N. Main prominent and highly respected retired Culver merchant, died about noon Monr day, Jau. 11, at Osteopathic Hospital South Bend after an illness of two weeks. Mr. Crabb was born in Kosciusko County near Clunette on Nov.

17, 1SS2, and when a small child moved with his family to the Pniirie Grove community near Kewanna, later moving to Leiters Ford. On Aug. 30. 1904, Mr. Crabb was married in Culver to Miss Lulu Louden.

They lived in Kewanna for five years, coming to Culver in 1909. L. Retired Years Aro 40 years prior to his retirement nine yatxs ago, Mr. Crabb owned the L. A.

Crabb Furniture Company here. Headed Church Trustees Mr. Crabb was a member of Emmanuel Evangelical United Brethren Church and served for 30 years on its board of trustees, bein its chairman at the time of his death. Survivors include his wife, Lulu; two sons, Merl of Culver and Ernest of Argos: five brothers, Arthur and Alvah, both of Kowannti, Oeorgv of Winamac. Jesse of Butler, a Clove of Culver; three grandchildren; and live great-grandchildren.

Funeral Thursday Afternoon Services will be held at 2 p.m. Thursday nt Emmanuel E.U.B. with the pastor, Rev. Vernon1 L. Palmer, officiating.

Burial will be at the Poplar drove jCrmetory east of Culver. Friends may call at the Easter-da Funeral Home until 11 a.m. Thursday when the body will be taken to the church to lie In hfate. Friends may call at the church from noon utM time for the set vice, Culver Inn. T.he Academy language instructor spent five weeks touring parts of Russia, late last summer.

Dr. Blair, in answer to a local retailer, said that the only visible mrivate enterprise he noted was a shoo shine hoy. Among his souvenirs, Dr. Blair has a number itf propaganda posters, which he exhibited during the luncheon. Don Trone was program chairman.

Chamber President A Vernum's list of Legislative Committee members was announced, nd Secretary Peter Trone stated that the Indiana State Chamber Commerce had put these persons on I heir legislative mailing i.Ht. Vou can place a Card of Thanks The Cltlen for only 1.2.r. HI KAPPA PKC.WS still on iJe at The front counter, i'lease li cl the sorority raise money for charitable purpoHcs. a pound for shelM whole meats, tf Friday the 13th when members of that party take over the State's license branches from the Republicans as the result Welsh's razor-thin gubernatorial victory over Crawford F. Parker last Nov.

8. Succeeds Susie Robertson Mrs. Susie Robertson, also of Plymouth, is the outgoing branch manager in the county seat. She to be commended for her splen did job in this responsible office. The new branch manager is the wife of Deane E.

Walker, field representative of The State Exchange Rank of Culver, who himself brought political distinction and honor to our community as former State Superintendent of Public Instruction and as a member of the State Highway Commission. Mr. and Mrs. Walker were married on Sept. 22, 1952, and were legal residents of Culver until they sold their Lake home ou East Shore Drive in December, 19 56.

They now live at 920 S. Miner St. In Plymouth. Rend Today's Classified Ads. KISSKLL Itcceiitly Visited Knssi The Culver Chamber of nierce Monday heard Dr.

Hi i 'I IMair toll of the econoinlc and i.