The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-08
REALTY firm
PROMISES TO
clean HOUSE
High Pressure Statesmen
Are Discharged After
Deals Are Barred.
RETURN WIDOWS MONEY
Owner of MorningSide Area
Asserts No Shady Deals
Will Be Tolerated.

All contracts for sales of lots in
the Morningside subdivision sold by
the Indiana Estates Company, COL
Is Meridian Life building, in which
unethical conduct or misrepresenta-
ton are charged, are to be adjusted
Immediately.
Statesmen for the company who,
it is charged by the Better Business
Bureau, made those representations
have been discharged summarily.
These were the announcements
today by Sidney Weinstein, head
of the Citizens Cooperative Realty
Company, 722 Continental bank
building, owners Of the property
and w. M. Dozier, head of the In
diana Estates Company, sales
agents.
Weinstein returned from New
Jersey Saturday. He had been alb
sent from the city more than
week.
Contracts Are Cancelled
Coincident thereto, the contracts
signed by Mrs. Mary E. Anderson,
9O3 N. Delaware street, whose story
was told in Saturdays Times, have
been cancelled and the money re-
funded, Weinstein said.
oh ~ liz -
Mechanics Savings and Loan Com
pany of Bloomfield, Ind, which she
had paid in, were returned to her,
it was said. The $1,000 in registered
government bonds, also turned in.
already had been sold. The pro-
ceeds, $2,165, were returned.
In all other cases reported to the
Better Business Bureau or to any
other organizations, Weinstein de-
clared, adjustment Immediately
would be forthcoming upon proof of
Misrepresentation
Weinstein Hits Tactics
Tactics on the part of salesmelA
OF the Indiana Estates Company
such as have been reported to me
have no place in my business af-
fairs" Weinstein declared.
Il have been too long in Indian
apolis, I have too many friends here,
have too much money invested
here for me to jeopardize my repu-
tation and by business by shady or
unethical actions.
I'm this particular instance every
thing will be settled satisfactorily
We will rectify it as best we can,
and there will be no more of it,"
The meeting in the Indiana Es-
tates Company pavilion at Morning
side Sunday was attended by about
twenty sales prospects and forty
: ,iesmen, 'haulers'' and invita-
tionalists" for the company.
Speakers were M. j. O'Keefe and
Dozier, the two partners in the
sales organization. They did not
deviate from their usual sales
talks.
New Complaints Filed
Several new complaints against
the company's operations were made
to the Better Business Bureau Sat-
urday, T. M. Overley, manager, said.
These complaints, together with
any new ones received, are to be the
subject of investigation today,
Dozier, at his offices, produced
carbon copies of letters he had
written to the Better Business
Bureau, inviting it's officials to adj
dress his statesmen on the question
of business ethics.
He stressed the fact that in the
agreements signed by all statesmen
in his employ these promises were
required:
Under no circumstances will I
make any promise of resale of any
nature whatever" and It agree to
sell properties handled by the COM
pany on a clean, fair and square
basis, adhering strictly to the truth
insofar as representations regarding
these properties are concerned