Newspaper Archive of
The Catalina Islander
Avalon, California
August 13, 1924     The Catalina Islander
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August 13, 1924

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PAGE TEN THE CATALINA ISLA NEW BANKING METHOD SAVES COUNTY MILLION More than a million dollars in in- terest has been earned upon Los An- geles county bank deposits for the year ending June 30, this year, accord- ing to a statement just issued by Sup- ervisor R. F. McClellan, to illustrate the value in changing from the coun- ty's oht banking system of placing all hinds in safety deposit boxes, which change was instituted more than a year ago. The startling total in the supervis- or's statement is $1,059,192.67. h was throngh tile efforts of Super- visor McClellan that an effort was made more than two years ago to have a bill introdnced into the state legisla- ture which wouhl make it possible for the county to change its banking sys- tem and thns earn interest on the various funds deposited in safety de- posit vaults. First atteml)ts to have this bill pass- ed failed, but a second effort was suc- essful and the bill was finally approv- ed by the governor in April, 1923. The bill became effective three months later, and the banking system was im- mediately changed. "I cotfld not understand how the ohl system was practical," says Sul)ervisor McClellan in isstfing the statement showing the interest total for the past year, "and I began to work Shortly af- ter my first term in office to have it changed so that our county funds could be earning money instead of lying 'dead' in safety deposit boxes. I will confess that I was amazed myself to see the total interest earned at the end of the first year, and I think that the figures will illustrate the great value of the change from the old sys- tem. "In the final analysis, it simply means that the county has over a mil- lion dollars more to spend for various improvement purposes than wouht have been possible had the money been ly- ing in a safety deposit box, for which we had to pay the banks a fee." The statement showing the interest earned is as follows: Interest earned for fiscal year ending June 30, 1924: Quarters ending Sept. 30 1923 .......................... $208,047.91 Dee. 31, 1923 ............................ 256,258.73 Mar. 31, 1924 ............................. 308,138.80 June 30, 1924 ............................ 286,747.23 Total ........................................ $1,059,192.67 Sul)ervisor McClellan, who is finish- ing his eighth year in office, recently announced his candidacy for re-elec- tion from the Fourth Supervisorial dis- trict, which includes Catalina Island, at the primaries to be hehl Aug. 26th, next. Wanted to Rescue Her Boob--Ifow do you teach a lady to swim ? Rube--\Vho is she? Boob--My sister. Rube--Tell her to walk off the pier --and i'll save her. Renew your subscription to The Catalina Islander, $2 per year. FNDS CORNS Corns ~;aiiouse~. bun cn~ v e!d a~ c-co Lo vzo WOOOCiiU med~- ea~c~ ~ a.,-a, ecm~c;i,r~,e.l~ed W~tR w~rI~ I:laPe~ v e(m. orl~ Mealc~(ed Bed lop ~bsor133 D~=~ ~rcwul~ W ~tOPt :niur ~ghea_ttay :~esb, .'~t, ise'o- tie aeal~n~---g.;ve~.ast'n~ ~eiiet. r ~ l-la~dvroll 25sou~ro nehes bSe 41b,~ # ,d :many arml!eat_;ens. 'lie :t. l~oid '~ ~ by drug, shoo and dept. stores. "~.j Made by Kinox Co. Rutlsnd,~t, f OF NEW YORK ANNOUNCE A DISPLAY OF STREET DRESSES, SPORT DRESSES. EVENING DRESSES. CAPES AND FURS SPECIAL SALE AI REDUgED PRII E OF NEW YORK STYLES UNTIL SEPTEMBER 1ST At the HOTEL MacRAE, ON CRESCENT AVENUE EXHIBITS DAILY FROM 8:30 A. M. TO 9:00 P. M. Selection of Beautiful Merchandise Just Received From New York EARLY SELECTION MEANS BETTER CHOICE OUR PRICES WILL PLEASE YOU FINAL CLOSE OUT OF SUMMER MERCHANDISE BELOW COST BENJAMIN LEFFLEUR, Manager. New Youth and Slrenfllh For lhe Ailed and lhe Weak often are b~towed with amazing promptnsM by Korex Compound, recently discovered tonic-invigorator, according to users. Many tell of gratifying improvement within 12 to 24 hours. Young folk who felt "old" say Korex readily restored their vigor and animation. Men J0 to 85 declare it has renewed their nerds force and glandular activity and roads them truly "young" again. Based on Euro- pean discovery, formerly used secretly by famous phTsicians and pronounced by thou- ~mds the most remarkable invigorator and revit~li~sr In their experience. Prepared in |tablets, warranted to contain no "dope" or llegal dr~gs. Can bs used ~mfely and privately. M you are "old," weak, lacking in vigor and ~itaiity--ff you feel the need of increased nerve force mad gland activity--ff you have loot your energy and ambitlon~why not test this highly-pra/sed discovsry~ Come in today, lust ask for Kora. AVALON DRUG COMPANY and ISLAND PHARMACY COMPANY / NOTICE TO CREDITORS No. 69275 Estate of Charles Browning Parker, deceased. Notice is hereby given by the undersigned Admiuistratrix of the Estate of Charles Browning Parker, deceased, to tile Creditors of, and all persons having claims against the said deceased, to exhibit them with the necessary vouchers, within four months after the first lmblication of this no- tice, to the said Administratrix at the office of J. Allan Frankel, Esq., 407 Van Nuys ]:hfihling, 21(1 West 7th Street, City of Los Angeles, County of Los Angeles, State of California, which said office the undersigned selects as a place of business in all matters con- nected with said estate, or to file them with the necessary vouchers, within four months after the first publication of this notice in the office of the Clerk of the Superior Court of the State of California in and for the County of Los Angeles. Dated August 6, 1924. EMILY E. PARKER, Administratrix oi said Estate J. Allan Frankcl, Attorney, 4(17 Van Nuys Bhlg., Los Angeles, California. No Fly Screens Needed "I'd like to have this fish put on the sc,een !" sahl the movie star, display- ing a bi~ tuna. "\Ve put 'era on ice to keep the flies off !" replied one of the old=tinters. ORDINANCE NO. !~ AN ORDINANCE OF OF TRUSTEES OF THE AVALON, I:IXING THE OF MONEY RAISED BY T H E TAXABLE P R O THEREIN AS REVENUE RY ON THE VARIOUS MENTS OF SAID CITY CURRENT FISCAL YEAR ANI) TO PAY TIlE AND OTHER THEREOF, INCLUI)ING ]'AL IMI'ROVEMENT 1S NO. 1 OF SAIl) CITY. The Board of Trustees of of Avalon do ordaiu as Section 1: That the tees of the City of Avalon, California, do hereby fix tl of money at the sum of Thousami Nine Hundred Dollars anti Thirty-Eight Ce~, 982.38), necessary to be raise 1 ation upon the taxable said City of Avalon as a carry on the rations depart: said city for the current 1924-1925 and to pay the ben* other indebetedness of such corporation, including provement District No. 1 of Section 2: This Ordinance ]y required for the inuncdiate ration of public health, safety, The following is a state~nent showing the nrge~aCY Ordinance. That the rexenue to be der the taxes to be levied and accordance with the terms t necessary for the preservatior~ Imblic health, peace and safe~ order for this Ordinance to fect in tinte required for tl tax levv an ordinance is now lately required. Section 3: The city clerk fy to the passage of this vote of four-fifths of all the of the Board of Trustees of sa of Axalon and. its approval President of said Board, cause the same to be publish insertion in The Catalina Is weekly uewspaper of genera tion, publ~hed anti City of Avalou, and thereU same shall be in full force Adopted and approved this of August, 1924. P.V. President of the Board of the City of Avalon. Attest: F.thed I). Kilgour, of the City of Avalon. STATE OF' CALIFORNIA ) (SS. CITY OF AVALON ) 1, Ethel D. Kilgour, City the City of Avalon, do that the whole number of the of Trustees of said C~ty ~s tax that the foregoing OrdinanO l)assed anti.adopted by a vote fifths of all its members, and a by the President of said Boa: regular meeting thereof held 8th'day of August, 1924, and same was passedby the vote : W, alt~ AYES: Trustees McKelvey, Stanton, Hevren, Reyes. NOES : None. ABSENT : None. In witness whereof, I have he set my hand and affixed the seal of the City of Avalon to clay of August, 1924. (Seal) ETHEL D KILt City Clerk of the City of KINOX the SAFEST ANTI~I~] Non-Poisonous, Non-Irritatin~ septic, Analegestic, Styptic, Pain goes ahnost like ma heals without leaving scars stimulates the growth of new Poison Oak, Ivy Poisoningt Indigestion, Ptomaine Poisown wiAll half capsule in a tumbler { usually afford immediate re The bite of a rabid dog, s~ grave and dangerous sores. capsule and rub Kinox into atmn. Convenient, Efficient, Family Size 25c. At all Drug Subscribe now--S2 per year.