anaheim-bulletin 1954-06-16

'Windfall' FHA Projects Listed In Southland WASHINGTON (UP)—The Federal Housing and Home Finance Agency has issued a list of the 70 apartment projects on which "windfall" profits of more than $40,000,000 were made. The list includes five Southern California projects on which FHA chief Albert M. Cole says builders collected almost $1,500,000 in "windfall" profits. Included in the list are the principals in each project, the amount of the government-backed loan, the cost of the project, the amount of the "windfall" and the amount of the "windfall" distributed to owners: Los Angeles—Lincoln Place No. 1 through No. 35; principals, Philip Yousem, Los Angeles; Ray Meyers, Venice; R. Reese Meyers, Venice; Lambert Housing Corp., Venice; Loan, $5,167,700; Cost, $5,-025,400; windfall $142,300; distribution of windfall, $60,700. Los Angeles—Baldwin Gardens company; principals, Richard S. Diller, Arthur B. Weber and Irving L. Kalsman, all of Los Angeles; loan, $2,866,400; cost, $2,385,000; windfall, $481,400; distribution of windfall $432,791. Los Angeles—Willshire La Cienega Co.; principals, Richard S. Diller, Arthur B. Weber and Herman Kranz, Los Angeles; loan $1,937,-200; cost, $1,675,803; windfall, $261,797; distribution of windfall $281,699. Los Angeles—Chesapeake Rodeo bert Kronish and Sanford S. Shear, Apartments, Inc.; principals, Her-Beverly Hills; W. B. Robertson, Max Matizman and Milton Gordon, Los Angeles; loan $3,047,500; cost $2,967,000; windfall, $80,500; distri- Jewelers Demand Trial On Illegal Sale Charge A jury trial was demanded yesterday by Attorney Lloyd Verry of Fullerton in the case of two Anaheim jewelers and two sales promotion men from Los Angeles county, charged by the City of Anaheim with conducting a "close-out" sale without obtaining a city permit. Free on their own recognition were Arthur Olson, former owner of Olson's Jewelry Co., 223 West Center St., and the firm's new owner, Benjamin H. Stone. Jailed on warrants and later released on bail pending a jury trial set for July 10 in Municipal Court are Harry Aaron Selditz, 44; Los Angeles; and Edward Wellington Kwok, 48, of Long Beach. Police revealed that when a license inspector from City Treasurer's office called on Lelditz and Kwok for a permit, they allegedly refused to comply with the request. A warrant for the pair was later issued by the court on application of City Treasurer A. G. Tuma. Selditz is free on $250 bail while Kwok posted bond of $500 for his release. None of the defendants were present yesterday in court when Attorney Verry requested the cense inspector from City Treasurer's office called on Lelditz and Kwok for a permit, they allegedly refused to comply with the request. A warrant for the pair was later issued by the court on application of City Treasurer A. G. Tuma. Selditz is free on $250 ball while Kwok posted bond of $500 for his release. None of the defendants were present yesterday in court when Attorney Verry requested the jury trial. Writers Blame Song On Actress Russell TULSA, Okla. (UP)—Jane Russell's torrid song and dance in the movie, "The French Line" started with a tune that the actress banned as "too sweet and simple," song-writer Ralph Blane said today. Blane and his partner, Bob Wells, wrote the song, "I'm looking for Trouble," for Miss Russell's eye-catching dance in the film. But he said that after seeing her costume they decided to write a song free of innuendo, and titled "I Dress for the Weather." The song writer said when Miss Russell heard it she decided, "It's too sweet and simple. I want to be bad—just as bad as I can get away with." "She'd punch me in the nose if she heard me tell this," said Blane, "But she was the star and what she said went. 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