Newspapers / The Echo (Pisgah Forest, … / Jan. 1, 1953, edition 1 / Page 10
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W. F. "Bill” Orr checks over the books with Mary Pat Merchant, prepares a report to be presented Lynn Byers, Nilo President, while the Secretary, to the company’s directors and stockholders. ... BIG BUSINESS functions independently of the other companies. The Western North Carolina chapter, the first in North Carolina, has eighteen such companies. These companies are sponsored by industries and business organizations in the area. Ecusta spon sors the Nilo (Olin Spelled Backward) Company which manufactures and sells chopping boards. The fourteen high school students in Nilo form a complete manufacturing organization—in min iature. With the help of advisers, the Achievers went through the actual procedure of organizing their company, choosing a product to be made Pat Merchant {standing), Secretary of the Nilo rectors. The Board n}.eets regularly once per month. Company, reads her report to the Board of Di- Carolyn Holcombe displays Nilo’s finished product. Today there are 1500 companies in America that operate a big business on a small scale. These several hundred companies make up Junior Achievement, Inc., a nation-wide organization de signed to present a simplified but complete pic ture of corporate organization, finance and manu facturing operation to interested high school stu dents. There are operating JA chapters in twenty- one states. • A chapter is composed of several companies, each of which has its own corporate set-up that
The Echo (Pisgah Forest, N.C.)
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Jan. 1, 1953, edition 1
10
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