Reno Gazette-Journal from Reno, Nevada • Page 5

April 16, 1954 RENO EVENING GAZETTE 5 Court in Clark Is Upheld in Katleman Case SMART TALK PENNEY'S BLACK MARIA IS REMODELLED FOR RENO RODEO Traditionally an Integral part of the annual Reno Rodeo Fourth of July celebration, the junior chamber of com-erce's "Black Maria" is being remodeled. During the four day celebration each year, Black Maria tours the city's streets and members of the jaycees "arrest' all persons not attired in western garb. Those arrested are required to ay a fine before they are released from "jail." The vehicle will be remodeled by the Weil Construction Co. and the motor will be overhauled by Jj Easier parade fashions; for the whole family up to the last minute are at Penney 's! Famous Towncraft White Shirts! Impeccable BABY CORD SUITS White Easter Frost MISSES' SHORT COATS 4 Hawthorne Gets New Councilman HAWTHORNE Harold Wright was appointed city councilman to fill a vacancy in Ward 3 at the regular meeting of the council held Wednesday evening. A petition signed by many voters of that ward and of other wards in" the city, urging the appointment of Wright, was read and Mayor Maurice Adams placed his name in nomination.

Councilman Albert Fick and Jeff Wallace immediately confirmed the appointment. Wright will be sworn in as soon as his official bond is approved, and it is expected that this will be at the next regular council meeting on April 21. A resident of Hawthorne for many years, the new councilman is a well known contractor, and substantial property owner in the city. He served as an officer in the carpenters' union for many (5)90 75 Mk Lf ix it' i "10-18 "'V The Nevada Supreme Court, in an opinion handed down Thursday, upheld the Clark county district court in allowing sale of stock in the estate of Jacob (Jake) Katie-man of Las Vegas to satisfy creditors. The sale involved 495 shares of stock in Elranco, the firm which leases and operates the Ei Rancho Vegas hotel.

The stock, plus a note from the estate, was sold for to Beldon R. Kat-leman, a nephew of the deceased. Mrs. Liberty Katleman, the wicTow, and her minor daughter, Lynn Katleman, brought the suit against Belden Katleman and the First National Bank of Nevada, co-administrator of the estate, seeking to have the sale set aside. She contended that the stock was worth at least 5250,000, and that the court abused its descre-tion in allowing the sale.

Katleman, who died in June, 1950, was one of the major stock-' holders in Elranco, Inc. Assets of his estate, in addition to the stock, were valued at $36,000. Debts amounted to $160,000. In upholding the decision of the lower court, the supreme court recognized that District Judge A. S.

Henderson was faced with the problem of whether to risk the chances of creditors losing at least a part of their claim by reason of the hazards of an "uncertain enterprise." Elranco, is not the owner of the El Rancho Vegas, the court pointed out, but represents only a gambling syndicate which holds a lease to operate the property. Through the sale of stock, the court held, payment in full to creditors was assured and a "substantial amount" was left for heirs. In the Clark county trial, the value of the stock was placed at $96,368 by a certified public accountant employed by the First National Bank. The stock was sold to Beldon Katleman for $102,868, with the- note bringing the total amount to $184,500. The supreme court decision, filed with Clerk Ned A.

Turner, was written by Justice Edgar Eather and concurred in by Justices Milton Badt and Charles MerrilL The firm of Woodburn, Forman and Woodburn of Reno and Leo Gold of Beverly Hills were attorneys for Beldon Katleman, and the firm of Weiner and Jones of sizes 10-18 100 WOOL it 1 1 itirrt crease resistant washable, fine cotton, rayon and chromspun crisp Easter paraders. Blue. years and also served one term as county commissioner. MEN'S DRESS SHIRTS 220 Count Broadcloth sizes 14y2-17 sanforized lustrous white dress shirts with long wearing collars french or barrel cuffs wide spread or low band collar Easter sharp! MAIN FLOOR Easter perfect short, sweet and white! two collar styles, in all wool basket weave fabric. FASHION FLOOR Asks Valid Reason For Plural Wives NEW DELHI, India, April 16.

UPi Indian Defense Minister Ma-havir Tyagi told his employes to stick to one wife at a time, unless they have a "valid reason." The Hindu religion bans divorce but allows polygamy having more than one wife. Tyagi told parliament that the only excuse for polygamy in his ministry will be for valid reasons like desertion, insanity or I dMIiM if 'jj Multifiliment Rayon Lacy SLIPS Proportioned Length SHEER GAYMODE NYLONS 1 o)98 11 25 Pair sizes 32-40 60 gauge 15 denier RENO SHEET METAL WORKS "SHEET METAL WORK OF ALL KINDS" CONTRACTORS AND MANUFACTURERS Since mO FLOYD PACE Ph. 3-7612 517 Evons Las Vegas represented the First National Bank. Las Vegas Attorneys V. Gray Gubler and William G.

Ruymann represented Mrs. Katleman and her daughter. AIR SERVICE LONDON, April 16. UP) Belgrade radio said today talks have been concluded successfully on the establisment of an air service between Belgrade, Istanbul and Beirut. The agreement will be signed shortly.

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