The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-25
MASS MEET
TO OPPOSE
COMMISSION
Ward Hiner, Former Bus
King, Calls Public to
TomIinson Hall.
SET FOR 8 P. M. FRIDAY
AIvah Racker to Expose In
side Removal Story.

A mass meeting of persons who
favor abolition of the public service
commission will be held in Tomlin.
\ son Hall at eight, Friday evening,
u Ward B. Hiner, former motor bus
king of Indiana, announced today.
"a committee of us met in my
office last night and arranged the
Aheeting," said Hiner. "Alvah j..
Rucker, former corporation counsel
of indianapolis, will be the principal
speaker. He is going to produce
some very startling affidavits and
statements exposing the details of
his dismissal about the time the light
merger deal was going through"
Hiner said former Lieutenant Gov
ernor Edgar d. Bush also attended
the conference and will be active in
the mass meeting.
Decorate a Wagon
The committee is having d decrepit
wagon decorated with placards de-
nouncing Commissioner Frank
Wampler and this will be driven
through the streets Friday after
noon and evening, Hiner said. Hiner
will preside at the meeting.
In a fiery address Monday night
before the South Side Boosters Club
at Garfield Baptist Church, de-
nounced present political conditions
in both the State and city.
"You people are being robbed and
betrayed" Rucker said. "Your po.
litical rights are being squandered.
The wealthy get along all right; the
politicians get along splendidly. but
the common people get nothing but
husks."
"Home Town Solds
'The so-called political leaders of
the city have sold out their home
town to strangers. he declared.
THE two power companies are now
Qntrolled by strangers who have no
Ehterest in indianapolis except to
get every penny they can. This Is
the idea of the Chamber Of Com
merce Of how tol bring about a
Greater Indianapolis.
Rucker denounced the public
service commission and declared that
it should be abolished by the pres
ent Legislature.
'I was not fired by any jelly-fish
in Indianapolis, he asserted, "but
by big business men in Chicago, who
expect to run Indianapolis. believe
the man who sits on the throne at
the city hall wants to do the right
thing, but it takes backbone to do
it,"
The club adopted resolution op-
posing the public service commission
and asking the Legislature to abolish
it. F. w. Waldkoetter, president,
said Rucker would make a good ma
yor, because he had shown that he
could not be bought.
Merger Amendment
Amendment to the incorporation
articles of the Indianapolis Power
and Light Company, the name of the
merged companies, provides for $780,
600 shares Of common stock Of no
par value, and preferred stock to the
extent of $15,000,000.
The original articles called for
1000 shares of common and no pre-
ferred stock, being placed low in
order to escape tax payments if the
merger failed to go through.
The amendment calls for $4,000
600 more Of preferred stock and 150,-
600 shares of no par value stock
than has been authorized by the
public service commission.
the company, however, has no
bower to issue this excess of either
preferred stock or it's common stock.
1t must be held in the treasury of
the company. The explanation for
authority to eventually issue the
larger sum is that the company may
at some future time ask permission
TO sell it If the necessity arises to Sc
cure more funds for extensions.