Newspapers / Amco News (High Point, … / April 1, 1974, edition 1 / Page 15
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15 - Susan Jones and Charley Treadway were 'United in marriage on May 4, 1974 at Zion United Church of Christ with the Reverend Lyn- ■''^ood Hubbard officiating. They are residing in the home of the bride's mother. Susan is an em ployee of Adams-Millis Hosiery Company, Kern- ®rsville. EMPLOYEES DONATE BLOOD 13 employees of Adams-Millis Hosiery Com- Panyin Kernersville volunteered as blood donors On April 26, when the Red Cross Bloodmobile t'lsited at the Padd ison Memorial Library in ^ornersville. Those volunteering were: Roy freeman, KayGray, MironShore, Irene Williams, ^ary Allison, Annie Hewett, Patricia Holland, Stella Neal, Auburn Pedi go, Georgia Smith, Cindy Wagoner, Bobby Wilson, and Nellie Wilson. BOON FOR BOND BUYERS Some good news for U. S. Bond buyers is that all Series E and H savings bonds purchased or after December 1, 1973, will earn 6% ''^hen held to maturity--up from the previous rate of 5%. The annual rate on savings bonds and sav- notes now outstanding is also increased by the same amount. Some 23 million Americans Presently holding more than $60 billion in sav- bonds and notes will receive an additional 1/2% return on their present bonds. No action ®ri the part of savings bond or note holders is “Necessary to take advantage of the higher rate. The maturity of Series E bonds sold after December 1 has been shortened from five years, ^0 months to five years. The purchase price of *^ew bonds remains unchanged, and they are ^'^ailable with maturity values from $25 to $1.000. Jim Rose, retired accountant of Adams- Millis Corporation, has been named an Emeritus Life Associate by the Piedmont Chapter of the National Association of Accountants. Rose re tired in 1973 after 51 years in the accounting department where he was a bookkeeper, paymas ter, accountant, and ad Jim R ose ministrator of the group insurance program. Rose was a charter member of the Piedmont Chapter of accountants. Group Life Insurance Increases Total Six Million Dollars Life insurance increases, effective March 31, 1974, for 738 employees of Adams-Millis Corporation totaled $6, 068,000.00 under the company's Group Insurance Program, The amount of group life insurance for which an employee is eligible is determined by his annual earnings. Each year, the annual earnings of all insured employees are reviewed and increases in amounts of life and weekly sick ness benefits are effected where they are in order. Currently, there are 2,728 employees and 1,761 family units insured under the Group In surance Program. Employee life insurance in force totals $44, 693, 000. 00; in addition, 333 re tired employees are insured for a total of $846,450,00. There is no way to determine the amount of dependent life insurance in force as the family units vary greatly in number. Other coverages for active employees, and some retired employees, include hospital and surgical insurance, supplemental accident ex pense, out-patient lab and X-ray benefits, major medical and Medicare supplement, and weekly health and accident insurance. “Look, dad. My new motto really works.’
Amco News (High Point, N.C.)
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April 1, 1974, edition 1
15
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