The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-08-04
Pneumonia Takes Life Of
Multi Millionaire, Long
Resident Here.
FOUNDER OF SPEEDWAY
Heavily Interested in City
and Florida Realty and
Other Projects.


aire capitalist and manufacturer,
died Friday at $50 p. m. in his
home, Riverdale Springs, West
Riverside Dr., of bronchial pneu-
nonia. He would have been 56 one
week from today.
Funeral services tentatively have
been set for Monday afternoon at
the home, the Rev. Edwin w. Dun
lazy, pastor of Roberts Park M. E.
Church, officiating. Burial will be
in Crown Hill Cemetery.
Mr.. Allison was founder with
Fisher Of the Prest-O-Lite Company
and the Indianapolis Motor Speed
way, and president and owner of
the Allison Coupon Company and
extensive manufacturing and real
estate interests here and at Miami
Beach, Fla, had been in precarious
health, but only seriously i'll since
Sunday.
While in the East where he was
married Sunday to Miss Lucille
Mussett, his former secretary, he
contracted a heavy cold. Arriving
at Riverside Springs Thursday
afternoon, he was ordered to bed
and his condition became grave at
once.
From Friday morning until the
time of his death, adrenalin and
oxygen were resorted to, in an effort
to save him. About noon Friday he
lost consciousness and died without
regaining it.
DR.. John NJ. Cunningham of Indi-
annapolis was in constant attendance.
assisted by DR.. T. E. Atkins, Mr. Al
lisons Miami physician, who with
Mrs. Atkins accompanied him on the
trip north from Miami Beach July l.
Divorced in June
Mr.. Allison was divorced June %
from Mrs. Sara w. Cornelius ALI
son, whom he married in 1907 at
Colorado Springs. They had no
children. His mother, Mrs. Myra j.
Allison; one sister, Mrs. w. H. Ad-
kinson of Orlando, Fla; and one
brother, N. G. Allison, 2801 Suther-
land Ave-, and the widow, Mrs. Lu-
cille Mussett Allison, survive him.
Mr.. Allison was born Aug. IL, 1872,
at Marcellus Mich, the son of Noah
S. and Myra j. Allison. The family
removed to South Bend, then came
to indianapolis in $780,
Educated in the public schools
here, Mr.. Allison sold newspapers
and was a messenger in his spare
time. When his father established
the Allison Coupon Company, the
son entered the print shop, an es-
sential part of the business, and be-
came it's president and owner when
his father died.
Mr.. Allison's fortune was builded
upon a small start in the Presto
Lite Company, which he and Fisher
founded in 1904. The first plant
was located in a small shed at
Pennsylvania and Twenty-E Eighth
SIS. It was consolidated with the
Union Carbide Company in 1920.
Builder of Speedway
He again was associated with
Fisher in construction Of the Indian
apoliS Motor Speedway in 1908, the
two retaining the majority interest
in the world-famed oval until its
sale last year to Detroit interests.
Mr.. Allison and Fisher remained
directors under the new ownership.
Mr.. Allison was president and
treasurer of the Speedway Realty
Co., which developed the factory
and toWnsite near the Speedway.
With Fisher again, Mr.. Allison was
president and treasurer of the
Globe Realty Co.
He was instrumental in reorgan-
lzation Of the Fletcher American
National Bank in 1923 and until his
death was director and one of it's
largest stockholders.
Heavy Interests in Florida
Mr.. Allison's great financial hold
ings in Indianapolis had a parallel
in Miami Beach, where he eStab-
1ished winter home several years
ago. His home on Star Island in
Biscayne Bay became a show place.
1t was one of the largest and most
costly in Florida. A $4,000 addi-
ton recently was completed.
He was director in the First Ma
tional Bank of Miami and principal
owner Of the Miami Ocean View
Company, real estate development
corporation with valuable property
holdings. In Florida, as here, Mr.
Allison was closely associated with
Fisher in some of his developments
At tremendous cost Mr.. Allison
constructed an aquarium on the
Miami Beach shore of the county
causeway which, year after its
inception, was stocked with a COL
lection of fish second only to the
aquarium of Naples.
Business and social leaders of
Miami and Miami Beach today sent
messages of coincidence to the fam
lily here, while Mr.. Allisons Indian
apolis friends and associates joined
in expressions of bereavement.
Mr.. Allison was interested in va
rious charities and civic move
ments here and in Florida. He was
a member of Roberts Park M. E.
Church, Oriental Lodge, F. and A.
M. Thirty Second Degree Mason,
Knights Templar and member of
the Columbia Club.