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Times Union from Brooklyn, New York • 111

Publication:
Times Unioni
Location:
Brooklyn, New York
Issue Date:
Page:
111
Extracted Article Text (OCR)

SUNDAY THE BROOKLYN DAILY TIMES AUGUST 24. 1930 3 $35,000 COLLAPSE OF CREDIT UNION: HOLDS 2 OFFICIALS Edward Blumenthal and Max Siegel Accused in Crash of Firm. Arrested on indictments implicating them in the $35,000 crash of the Guarantee Credit Union, of 1556 St. Marks Edward Blumenthal and Max Siegel yesterday were arraigned before County Judge Conway. Blumenthal, secretary, who lives at 1142 St.

Marks was held in $10,000 bail, and Siegel, president, who resides at 729 Ralph was held in $2,000 bail. After a prolonged investigation by Brower and the Banking Department, secret indictments were handed up against the two men several days These indictments charge grand larceny, forgery and perjury. Amazing details of the organization of the concern by a group of illiterate business men who could neither read nor write were bared before the Grand Jury by victims of the crash. Between 600 and 700 shareholders are affected by the crash, according to officials of the State Banking Department. While the actual deficit is in the neighborhood of $35,000 there is a possibility that much may be salvaged as the company was protected by a surety bond.

Many Changes Made Liquidation of the company's affairs by the Banking Department was one of the first such acts under the broader power granted the department. in such matters by the Legislature at its last session. Formerly, shareholders could conduct their own liquidation and effectually thwart any effort of the Banking Department to enter the picture, The Guarantee Credit Union was one of 14 such organizations. taken over by the Banking Department following the enactment of the legislation, Since the formation of the concern as a personal loan organization in 1919 there have been several complete changes of the directorate. Witnesses told the Grand Jury that three former presidents of the firm were, respectively, a tailor, carpenter, and a pants operator.

The concern was organized with a paid in capital of $50,000, witnesses testified. In addition the company received deposits. Samuel Horowitz of 1162 Lenox one of the victims of the crash, told Brower he had $1,850 on deposit when the doors of the concern were closed. Drew Money From Bank. He said he had the money on deposit in the Lincoln Savings Bank, but had been induced to withdraw It and deposit it in the Credit Union on representations of a company official who promised him a high rate of interest.

Personal solicitations were made to foreign persons mostly, witnesses testified. In each case the increased rate of interest was held out as an inducement to deposit their funds with the Credit Union. Investigation by Brower and Assistant District Attorney Goldstein disclosed that the concern in its latter days was controlled by one man who had a hand-picked directorate to do his One of two indictments returned by the Grand Jury is believed to name this man. Detectives were sent out today by Brower to arrest the two men named in the indictments. HOBBY FALL FATAL London, Aug.

Ann Arthus, 75, died of injuries sustained in a fall from a hobby horse in a park here. For Self Application at Home NEWEST THERAPY Inhalation instead of Injection ASTHMA HAY FEVER Bronchitis, Acute and Chronic Dr. ERNEST. SILTEN, Berlin, Germany Dept. "SILBE" Preparations Dept.

2. "ATMOS" Med. Nebulizer THEODORE RADIN Sole Representative, U. S. A.

and Canada 18-20 East 41st Street, New York City Phone Ashland 2136 Attention: Physicians and Clinics INHALATORIUM 416 West 23rd Street, New York City Phone Chelsea 6406 Registered Physicians in Attendance 365 Days Service a Year Mr. and Mrs. Bay Ridge and Fort Hamilton Voter: Do you want a twenty minute Saloon Deck, Automobile Ferry Service? Large up-to-date Oil Burning Ferries. If so, vote for same by signing this and mail immediately to Shore Road Manhattan Ferries. 7529 Shore Road Brooklyn, New York Ferry Service from 69th Street, Shore Road, to some terminal near Wall Street, New York City.

Name Address AMONG WOMEN LAW LEADERS MISS REBA TALBOT SWAIN MISS ELEANOR HAMILTON Chic Modern Portias Know Style as Well as Statutes Phi Delta Delta Legal Sorority to Include Fashion Show in Convention Opening Tomorrow. It used to be that the term, woman lawyer, conjured up a picture of a grim, determined-looking female wearing unbecoming suits, and highcollared, tailored blouses. That picture is a far cry from the chic modern of Phi Delta Delta, who include a fashion show in the program of the sixth biennial convention which starts tomorrow at the Hotel St. George, through Wednesday. This is the first time Phi Delta Delta, one of the largest legal sororities in the country, has convened in New York City, and a young Brooklyn girl, Miss Eleanor Hamilton, is chairman of the convention.

Miss Hamilton lives at 842 Brooklyn ave. and is president of the New York City Alumnae Association. Miss Reba Talbot Swain, Deputy Attorney General, is another Brooklynite prominent in the sorority, as are Miss Honour Gelson, Assistant Corporation Counsel, and Eleanor L. Curnow, Registrar and Dean of Women at Brooklyn Law School. At the welcoming dinner tomorrow night Judge Frederick E.

Crane, of the Court of Appeals, will make the principal address. Postmaster Albert Firmin will be a guest of honor. Mrs. E. Jean son Penfield, honorary vice president, toastmaster.

The fashion show will follow the dinner. Miss Catherine M. McGuire, of Fordham Law School, who has arranged the fashion show, will present young women lawyers of Fordham Law School Chapter as mannequins in the latest Paris fashions, aptly designated by legal terms. Entertainment for the modern Portias include sight-seeing trips to West Point, Coney Island, Statue of Liberty and the various courts. Phi Delta Delta was founded at the Law School of the University of Southern California, November 11, 1911.

Its membership includes outstanding women lawyers in the country, several women judges, Mabel Walker Willebrandt, Annabel Matthews, first woman on the United States Board of Tax Appeals: Lucille Atcherson Curtis, first in the diplomatic service. Two Bandits Rob Two Youths Of $5,000 on Crowded Bus One Passenger Blackjacked and Bullet Is Fired Through Roof of Vehicle as Robbers Flee. Two bank messengers $5,000 in it from the Second Bank and Trust while riding in a bus in carrying a black leather bag with Weehawken Trust Company to the Company of Hoboken, were robbed Union City today by a pair of bandits. BATTLE OF L. I.

FETE IS SCHEDULED TODAY Kings County Historical Society to' Celebrate Anniversary. The Kings County Historical Society will commemorate the 154th anniversary of the Battle of Long Island by holding a memorial church ch the chapel of Greenwood Cemetery this afternoon at 4 o'clock. The public is invited. Since 1916 this society has annually commemorated Brooklyn's most important event. It is particularly should appropriate that this service be held in the beautiful chapel of Greenwood Cemetery, near the Fifth ave, and 25th st.

entrance, because it was on about this site that the opening engagement of the battle took place. Here, for the first time, the American troops met the British troops in the open field of combat. It was also our first engagement as a free nation. The American troops at this point were commanded by Brog. Gen, William Alexander, generally called Lord Stirling.

The British troops were commanded by Gen. Grant, and outnumbered the Americans three to one. Nevertheless, the Americans made an excellent showIng at this point, Sometimes these celebrations are held in Prospect Park, but for the last few years the society, through the courtesy and co-operation of Greenwood Cemetery, have conducted them in the chapel. A simple religious service, in charge of a wellknown minister, with beautiful music and an appropriate and inspiring address, constitute the service. The Rev.

Charles William Roeder, pastor of the Flatlands Dutch Reformed Church, and president of the board of superintendents of the New Brunswick Seminary, the oldest seminary in America, will be in charge of the service. Mr. Roeder is also the chaplain of the 245th Coast Defense Command. Mr. Louis Caton, one of the best known concert tenors in America, will render selections, while the organist will be Miss Marita Stuart.

The officers of the Historical society will serve as ushers. They. are likewise the committee in charge. They consist of President Charles A. Ditmas, Vice Presidents George Tiffany and Willaim B.

Lake, Chairman of the Board of Directors Elbert C. Smith, Financial Secretary John H. Van Siclen, Recording Secretary Frank M. Raynor, Corresponding Secretary George Kouwenhoven, Historian Wheeler Newman Voorhees. the close of the service in the chapel the committee will proceed to the Altar of Liberty, on Battle Hill, which the society dedicated in 1920, and there place a tribute of flowers.

EXCITEMENT FATAL Tilbury, Aug. excitement of anticipating a visit with relatives after an absence of 18 years, precipitated a heart attack from which Hugh Frazer, 45, died on board a ship from India, ASKS STEINBRINK TO QUIT AS LEADER FOR PARTY'S GOOD Angeloro, Candidate for 13th District Leader, Fires a Broadside. By GEORGE L. CASSIDY Republican County Leader Meier Steinbrink was challenged last night to resign "for the good of the party" because of his alleged "interference" in district leadership contests. The challenge was made by Neill Angeloro, candidate for the leadership of the 13th A.

D. against Robert Brown, organization designee. This is the third time that Mr. Steinbrink has been accused, publicly, of having taken sides in local contests. The other districts are the Third and 19th A.

Mr. Angeloro declared he was summoned to Mr. Steinbrink's office, 185 Montague last July 22, and was accused of having criticized him, shortly' after Mr. Steinbrink had written, in answer to an inquiry, that he would not take sides in local disputes. "Mr.

Steinbrink told me he had had several men checking up on me and that if he wanted to he could come into our district and beat mne to a standstill," Mr. Angeloro declared. "I replied 'that I had not criticized Mr. Steinbrink, but that I resented being spied on. Issues Challenge "The conversation got pretty hot and that was when Mr.

Steinbrink made his veiled threat. Then he said. I could come back and face my accusers. I told him I'd return the next day and walked out. "I came back in the morning and found a man I knew in the elevator.

I accused him of being the talebearer. He denied it. Mr. Steinbrink was said to be out. I left word for him I was glad to have met one of his tool Mr.

Angeloro said that since that time committees were to have seen Mr. Steinbrink in his behalf from the Columbian League and other organizations but that Thursday, Aug. 14, a committee from his home club visSteinbrink and reported he would not stand for Mr. Angeloro remaining in the race, but wanted a compromise candidate chosen. "I returned with my committee the next day," said Mr.

Angeloro. "Mr. Steinbrink shook hands with me and asked me to withdraw in favor of a compromise candidate. told him I couldn't do that and that I was in this fight to win because I felt I would be the best repI resentative of the people of the district. Opposed Compromise "I said the only compromise he could make would be to have Robert Brown, who spends most of his time at Howard Beach, withdraw.

Mr. Steinbrink made it clear he would not stand for me and was against me. "I told him it looked as if he wanted his own man in the 13th District and he said repeatedly that he did not care about the county leadership. If he feels that way about it, I think he ought to resign as spokesman for the good of the party. "This is not the only district where he has interfered, and the has added to the unrest Republican party in Kings County." Mr.

Angeloro and his runningmate, Mrs. Edna Tannenbaum, announced they would the primary shortly after Mr. Brown and Mrs. Lulu Simpson were designated by the district committee, following the announcement of U. S.

Marshal Jesse D. Moore that he would not again be a candidate. In the Third A. Mrs. Lulu Simonson, ader, recently charged that Mr.

Steinbrink had agreed to have her husband, Herbert V. Simonson, dismissed as a Deputy U. S. Internal Revenue Collector for political reasons, although Internal Revenue Collector Walter E. Corwin gave as grounds for the dismissal "inefficiency." Mrs.

Simonson further charged that her candidate leader, Henry F. O'Neill, also a deputy, had been transferred to work Long Island so as to aid their opponents, Deputy U. S. Marshal Walter J. Vernie and.

Elizabeth Cavagnaro. Earlier, Mrs. Bertha coleader of the 19th A. asserted the dismissal of her husband from his job as Deputy U. S.

Marshal was caused by Mr. Steinbrink siding against her. This was followed by a statement from Mrs. Simonson that Mr. Kreiner had been discharged to make room for Mr.

Vernie. Mrs. Kreiner is now the running mate of Peter P. Mancuso, who entered the primary to wrest the 19th A. D.

leadership from Jacob H. Bartscherer, whose candidate for coleader is Mrs. Mae K. Pisciotta, Mr. Steinbrink emphatically denied he had started any political acin these cases and declared Mrs.

Simonson could say anything shewished. ESCAPES POLICE BY DIVE But Fugitive Is Recaptured at Home the Next Day. Schwechat, Austria, Aug. While under police escort, Michael Krejca, 24 year old electrician, broke away from his captors, jumped from a river bridge into the water, dived SO far that trace of him was lost and returned to his father's home. He was rearrested.

14 BORN AT L. I. HOSPITAL Fourteen children were born at the Long Island College Hospital, Henry, Pacific and Amity during the past week. Radium Is Restoring Health to No medicine or drugs. Just a light, small, comfortable inexpensive RadioActive Pad, worn on the back by day and over the stomach at night.

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Write today for Trial offer and descriptive literature. Radium 2110 Bradbury Los Angeles, Cal. Advertisement, DAVID ODDS AND ENDS ASSEMBLED FROM ALL OUR STORES THIS WEEK ONLY AT OUR TWO BROOKLYN STORES JOHN DAVID BUSINESS SUITS $2750 $75 143 suits $65 278 suits $60 159 suits 67 suits were $40 Huddersfield Flannel were $3550 52 suits were 166 suits were 202 suits were 346 Imported SMALL CHARGE FOR ALTERATIONS JOHN DAVID JOHN DAVID SHIRTS NECKWEAR These. are fine quality shirts of cut and excellent workmanship. Collar attached or collar to roomy Of imported Many match.

that and American-loomed Silks. Silk-All-O and silk lined ties were $2.50 to $3.50 327 shirts were $4.50 2843 shirts were $3.50 3619 shirts were $2.50 1275 shirts were $1.95 ties were $2.50 ties were $2.00 ties were $1.50 THIS WEEK ONLY This sale started with the foregoing quantities. Immediate reponse is advised to obtain the best selections. DAVID Fashions Tor Men ties were $3.50 ties were $3.00 COURT STREET AT REMSEN FULTON STREET AT SMITH were $55 were $50 were $45 Suits The robbers blackjacked one senger, knocked down one of the 15 passengers on the bus, when the passenger blocked. the way to the door, and fired a shot through the roof to intimidate the others, Arthur Lettero, 18, of 1178 Third Woodcliff, and Otto Schaefer, 18, 460 Gregory Weehawken Heights, were the messengers.

They were employed by the Weehawken Bank, at 48th and -Bergenline Weehawken. As the bus reached the intersection of 16th st. and Manhattan Union City, passenger went to the front and stood near the driver. Then another one arose, hit Lettero on the head with something wrapped in paper, presumably a piece of lead pipe, and seized the bag. The bandit in front fired his gun through the roof of the bus, scaring the passengers.

One of the latter got up, however, and was promptly knocked down by the bandit with the bag. Both bandits alighted from the bus and walked away on foot. Police beileve that they had a car parked in the vicinity and motored away. Let- tero was not badly hurt. RUM-LADEN VESSEL STRANGELY MISSING Steamer Vegas May Have Beat Canadian Export Law.

Windsor, Aug. that a way to beat the new Canadian liquor export law had been found arose today while American and Canadian officials hazarded guesses as to the whereabouts of the Halifax steamer Vegas, with its purported cargo of 10,000 cases of beer and ale, valued at $100,000. The Vegas was captured last week in Lake Erie and brought to port here. A fine of $400 was assessed for unloading cargo. in Lake Erie, but the remainder of the liquid cargo was not molested.

Monday the vessel departed. was reported the big coastal steamer had lain off Pelee Island, near the mouth of the Detroit River, for 24 hours. Whether it discharged its cargo to small boats from the American shore could not be determined. Officials at the lighthouse on Pelee Island watched the vessel during the daytime and said no small craft appronched. What happened after nightfall they do not know.

Some believe the cargo was landed during the night time. DIVORCES IN SIX MINUTES Judge Averages That Speed in Severing 27 Ties. Lewes, Sussex, Aug. took Justice Avory an average of six minutes each to dispose of 27 diivorce cases. 312 979 2153 1427 632.

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About Times Union Archive

Pages Available:
689,237
Years Available:
1856-1937