The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-05

been reported, and contended
principles.
He averred his troubles "
Files of superior and NUM-
cipal courts show several COM
plants in civil cases now
pending against the company
in which serious charges are
made.
These complaints seek the return
of moneys on purchases of lots in
the Moringside subdivision, Kessler
boulevard and Forty eighth street.
They allege that the sums in ques-
ton were obtained by fraudulent
( means.
Not Member of Realty Board
The Indiana Estates Company is
not a member of the Indianapolis
| Real Estate Board, the recognized
realty organization Of the city.
Urging every one to investigate
before you invest T. M. Oyerley'
director of the Better Business
Bureau, Inc, offers these statements
in support of his campaign:
|. That the company is "hlgh
pressure selling system.
2. That it's selling methods are
"inherentlv and fundamentally con-
ducive to misunderstanding and
dissatisfaction"
3. That purchasers of lots find
that the salesman quite fire.
ouently makes definite promises 10
resell the property at proflt."
4. That under the spell OF tnlS
system, we have had widow state
that she had given up her diamond
ring on the purchase Of a lot.
"Widovs have been taken 10
building and loan associations to
remove their savings to make the
purchase.
Married women have made pur-
chases, paying down as small al
amount as 81. and have lived IN
fear of their husbands finding OUT
what they have done.
Savings Are Spent
zone very old lady, nearly 70
wears of age. was induced TO get
money that did not belong to her'
to sign up a contract.
another old lady who states that
she had saved for many years so
her son might have art schooling
and that she had set this money
aside for no other purpose-Was IN
duced to remove a large part OF
these savings for the purchase Oh
one of these lots"
3. That a lecturer for the concern
insinuates chow foolish it Is TO
leave money in savings accounts"
and that "the insinuation Or the in
ference is very definite"
Among the attorneys who have
handled cases against this concern
are the firms of Othniel Hitch, 9O5
Inland Bank Building; j. Burdette
and John Little, 704 Fidelity Trust
building; Clarke & Clarke, 73l
Bankers Trust building, and Little,
Little & Horn, 3o7 Indiana Trust
building.
Complaint Is Quoted
Quoting two paragraphs from the
complaint filed by Fannie L. Bell
against the company Cease No.
1892. superior court, room a.:
plaintiff further AYERS that prior
to and on the 26th day of July,
1880, said defendants, conspiring to-
gether and individually falsely,
fraudulently stated and represented
to said plaintiff that they had an
extraordinary and unusual real es-
tate proposition of sale and that
they had a purchaser for the above
described real estate who would pay
to said defendants the sum Of Sl30
over and above the purchase price
named by said defendants, upon
condition that said plaintiff herein
would enter into a contract OF sale
plaintiff further states that said
defendants, each and all Of them,
we're in a conspiracy to defraud
| plaintiff
The Indiana Estates Company is
partnership of H. M. Dozier and
M. j. O'Keefe. Its Offices occupy an
entire floor. 1t is the sole sales
agent for the Morningside subdi-
vision. the land being owned by the
Citizens Cooperative Realty Com
pany, Continental Bank building.
Dozier Defends Methods
Dozier, in an interview with
Times representative, countered the
allegations, declaring:
Positively this company never has
and never will countenance a resale
promise in its business.
"On the contrary, the officers re-
peatedly have stood before the or
ganization and openly have decried
promises of resale and have urged
clean tactics.
Members of the organization
who have been found to have
preached the bounds Of ethics have
ceen QlScnargeo.
"a sincere effort has been made
to rectify errors made along these
lines. as witnessed by the refund of
several thousands of dollars to Gus
toners complaining.
THE organization feels it Ger
tainly can point to 'arge number
OF its purchasers VII sRye bought