Newspapers / Watauga Democrat (Boone, N.C.) / Sept. 30, 1948, edition 1 / Page 8
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TIMELY NEWS FROM THE AAA iptyiwritynk cc. WfMir;: ; ? ? ? " ? Watauga county farmers who ?till plan to teed rye or wheat as a winter cover crop and expect payment in 194? for this practice and have not already filed their prior approval with the county AAA committee are urged to do ao at once. Report of the seeding ?Mist be made by November 1, but nb payment will be made un less ptior approval is filed before seedloc. , ? ? So far the county has earned 936.97J.80, which is $4,000 more than the original allocation. The Increase of >4,000 was granted on September 17. and was quickly taken up, An additional alloca tioriisefcpccted about Oct 1. This allocation will be used for phoa phate and possibly lime. The money received will be allocated to farms which have not received additional allocations. It is ex pected that the Money will be ta ken up by Oct IB. After this time there will probably be no more money available for the 1948 pro gram and the committee expects to close out the program for this year. The State committee has ap proved the county handbook for 1949. These are being prepared for distribution to all farmers in the county, and the 1949 program will start immediately after the close of the 1948 program. Orders for materials will be issued to all farmers who have made a full performance report for 1948. Remember the County AAA of fice is closed on Saturdays and legal holidays. EC A releases $64,971,059 moral for European aid purchases. Vitamin which stopa spoilage of food reported to chemists. Hi School in He With Jonesrille Last Friday Appalachian High played a 8-6 deadlock with Jonesville High'. Jonesville scor ed first in the second period run ning off tackle from the 2 yard stripe. Appalachian, slow to start, came back strong after the half. Sparked by Davidson's crack punting and V. J. Moretz's stel lar signal-calling and ball-toting the team came alive to recover a Jonesville fumble on the oppon ents 38 yards line. A substained drive ended by skirting end for I the tally. Elrod's attempted con version was wide. From than on neither team threatened and the game ended with the Blue and Grey in pos session on the opponents 40. Starters were Richardson, Wil cox, Brichanon, Barnett, Vannoy, H. M. Moretz, Davidson, Elrod, Edmisten, and Barden. Substi tutes included: T. Hodges, D. Hodges, B. Brown, i. Brown, Carlton, Casey, Troutman, Quails, E. Lyons, Gross, Johnson, and Coffey. . WORK STARTS (Continued from page 1) could be spent, it is not known when bids will be let for the proposed fine arts building and men's and women's dormitories. Other proposed expansions in clude a number of faculty homes and additiops to the library. In announcing the completion of installment of one atoker, Mr. Dougherty invited students and faculty to visit the power plant to see the work. I Mr. Dougherty emphasized that all bids and contracts are let by the Budget Bureau in Raleigh, which is headed by Governor R. Gregg Cherry and Assistant Director R. G. Deyton. STATEMENT AMERICAN NATIONAL INSURANCE CO.. GaWsslon. Tixii Condition December 31, 1947, as shown by statement filed. Amount of capital paid up in cash $ 5,000,000.00 Amount of Ledger Assets December 31st of previous year $191,501,681.81 191,501,681.51 Premium income, $44,586,925.58; Miscellaneous 7,243,628.95; Total $ 51,830,554.50 Disbursements ? to policyholders $10,249,303.92; MiseUaneous $16,996,230.84; Total 27,245,534.70 Business written during year ? Number of policies 592,488; Amount 381,218,348.00 Business in force at end of year ? number of policies 3,800,519; Amount 1,679,548,687.00 ASSETS Value of real estate (less amount of encumbrance). 3,242,285.89 Mortgage loans on Real Estate 30,218,546.04 Loans secured by pledge of bonds, Stocks or other Collateral 1,011,000.00 Loans made to Policyholders on this company's pol icies assigned as collateral 4,605,024.91 Premium notes on Policies in force 52,972.43 Net value of bonds 129,601,989.36 Net value of Stocks 25,491,510.88 Cash 21,389,137.20 Interest and Rents due and accrued 1,062,283.60 Premiums uncollected and deferred 4,624,464.07 All other Assets, as detailed in statement 3,344,094.70 Total _ 224^643,309.08 Less assets not admitted .... 679,363.45 Total admitted assets $225,963,945.63 LIABILITIES Net reserve, including Disability Provision $179,661,907.00 Present value of amounts not yet due on Supplemen tary Contracts, etc 1,214.503.00 Policy Claims 1,731,373.69 Dividends left with company at interest 23,536.09 Premiums paid in advance 3,227,879.51 Unearned interest and Rent paid in advance 81,742.24 i Commissions due to Agents 498,398.90 Estimated amount payable for Federal, State and other taxes .. 912,369.12 Amount due Stockholders 100,000.00 Amounts set apart for future dividends , 3,027.89 All other Liabilities, as detailed in statement 5,299,758.74 Total amount of all liabilities, except capital $192.754, 496.18| Reserve 8,000,000.00 Capital paid up in cash 5,000,000.00 Unassigned funds (surplus) 18,209.449.45 1,209,449.45 Total Liabilities $223,963,945.63 Business In th* Stat* of North Carolina During 1947 ORDINARY No. Amt. Policies on the lives of citizens of said State in force December 31st of previous year 2,944 $4,202,883 Policies on the lives of citizens of said State is , sued during the year v 837 1,571,011 ? Total 3.781 $5,773,894 Deduct ceased to be in force during year 427 762,593 ...Policies in force December 31st 3,354 $5,011,301 Loqpes and claims unpaid December 31st of pre vious year 2 2,250 Losses and claims incurred during year * 15 12,858.16 Total 17 15,108 Losses and claims settled during the year, in full 15 11,608.16 Losses and claims unpaid December 31st 2 3.500 00 i- , INDUSTRIAL No. Amt: Policies on the lives of citizens of said State in force December 31 of previous year .. 26,425 $6.248, 751.00| Policies on the lives of cit^ens of said State is sued during the year ...... ?... 4,225 2,287,210.00 ,j Total . 30,650 $8,535^ML00 ' Deduct ceased to be in force during the year 2,408 989,118.00 Policies in force December 28.242 7,546, 843.00| Loaaes and Claims unpaid December Slit of pre vious year -T 2 124.901 and claims incurred during year 130 28,348.4a Total ...- - 132 28,473.35 Loaaes a?,d claims settled during the year in full 128 27,532.40 Loaaes and Claims unpaid December 31st 4 940.95 Premium income ? Ordinary $129,630.14; Industrial $167,713.34; Total, $297,843.48. President, W. L. Moody, Jr.; Secretary L. Mosele; treasurer, K. L Foadick; Actuary N. E. Gorton. Home office, 21st and L St., Gal ii niton. Texas. Attorney for Service: WILLIAM P. HODGES, Commissioner of Insurance, Raleigh, N. C. , STATE OF NORTH CAROLINA? INSURANCE DEPARTMENT (SEAL) RALEIGH, June 21, 1948. L William P. Hodges, Commissioner of Insurance do hereby cer tify that the above u a true and correct abstract of the statement 0 I the American National Insurance Company, of Galveston, Texas, ' with this Department, showing the condition of said Com ? ? December, 1947. official seal the day and date above written "P. HODGES, Insurance Commissioner. Mountain Dale News Among those visiting in the community over the week-end were Mr. and Mr*. Andy Comett and family and Mr. and Mrs. Clark of Campbellsville, Ky. Mrs. Earl Cornett and small daughter recently left for Oregon to visit relatives and friends. Miss Bertha Moody spent Sun day afternoon with Miss Kathryn Greene. Mrs. Troy Cornett and children and children are spending a few days with Mr. and Mrs. Ross Eg gers of Sugar Grove. Miss Helen Waters was a visi tor Sunday with Miss Lena Mae Cornett. A revival meeting began Sun day night at Mountain Dale Church. Everyone welcome to at tend. Mr. and Mrs. Collas Greene were called to Bluff City, Tenn. last Thursday because of the death of their brother-in-law Mr. Walter Millsaps. A GOOD CATCH Lancaster Pa.? While fishing with a friend, Cyrus Dietrich, 14, was having pretty poor luck. Two bites brought in a sucker and a white fish but they were too small to keep. After getting no other bites, the boy hauled in his line, believirtg his bait gone. On the hook was a* wet $5 bill. BRIEF NEWS British steel mill better* work ing condition, output riaes. Japanese demand Government end bureaucratic controls. ECA earmarks $1,769,000,000 for big push lor Europe's aid. Washington seeks more oil re serves in event of a new war. Britain jubilant over evidence of economic recovery. McMahon says curb on war's destruction is key to peace. Truman pledges keeping atom ic energy out of politics. Agricultural agency urges 60, 000,000 hog crop as 1949 goal. Air Force to get fighter plane with X-ray "eyes." Use of urban and industrial i waste is urged to renew land. Maximum life supply of pet roleum estimated at 20-50 years. Loans for business, industry, agriculture at record high. Industrial accident cost put at 6 to 7 billion a year. Free enterprise in shipping is held aim of Government. Navy's new X-Ray called boon in treatment of cancer. The Federal Government, Dr. Winston explained, provide roughly $4-70 for each $1.00 ap propriated by the State. FOUND ? in Boone Tuesday eve ning coin purse. Owner may iden tify and receive same. Mrs. R. D. Hodges. Jr.. Phone 284-W. WAIT AD? -OPPORTUNITY KNOCKS HERE*' FOR SALE ? Duo-Therm oil circulating i heater in excellent shape. $40 00 Mrs Nell Llnney. Phone 30, Boone. N. C. lc SHIRT SPECIAL ? Just received bigj shipment Hallmark shirts. Special! price $2.45 each, two for $4.50. Eco nomy Shoe and Ready to Wear Store. lc i WOMEN'S, GIRLS*, children's and in fants' panties. Rayon and jersey. We have just purchased one hundred dar-en at special price and are passing the savings on to you. 25 cents and 35 cents ? 3 for $1.00. Nice selection of women's, girls' and children's anklets, extra good quality. 15 cents and 20 cents None higher. Girls' and children's all wool coats. At special prices. These are salesmen's samples and we are offering them at less than halfthe regular price. Economy Shoe and Ready to Wear Store. lc THE CITY SERVICE STATION, loca ted in west Boone. Is now under new management. We do greasing, wash ing and polishing. We carry cold drinks, candies and etc Homer Ar nett. manager. lp FOR SALE ? Walker hound pups, eight weeks old. C. R. Dotaon, 1 mile west of Popular Grove Church on Shulls Mills Road lp WANTED to buy 3 young bred Short horn cows, that will calve next spring W. M. Thomas. Mabel. N. C. lp ATTENTION TRUCKERS Oil treated stoker Coal and Lump Coal for sale. On hard surfaced Road No 624. one mile north of Honaker. in Russell County. Virginia. Pendleton Construc tion Corporation. Honaker. Virginia 9-30-2c WANTED ? Laurel and Ivy burla. Well trimmed, delivered at the old diesel power plant. Blowing Rock. N C. 9-30-2p HATS ? We have a big stock of men's reconditioned John B Stetson h*?ts. Perfect Assorted colors 13.95 *lso nice line of Montclalr hats ?**?nuinc fur felt, assorted colors and styles including narrow bands: $4i?5 **??gu1ar SO vahip Economy Shoe and "eadv to Wear Store. lc MEN'S AND YOUNG MEN'S odd coats ??r*d pants, also suits 100^ all wool ?xtra heavy jackets, zipper opening. for men. boys, girls and children '"Htldren's. $3. 9.1: boys' and girls' men's. M 95. Big line of men's ?*nd bovs* overalls, overall oants m^n'o ??nd boys' work shirts, men's and *r?v?* anoks. armies fancies and dr*?*? c",c and 35 rents ^nd hov*' underwear nice ??i*ct<o?* m?m"s <*nd bovs' tee shirts white and "nlored. Prine votir 'smtlv ?nd *!? ?Horn f ?r *b~\r f?H pnrl *vint""* do*h . ? And *hoe n#??d?? In one <*on and '?>?* mnr*v 'rnnomv Shoe a?d ?<"* W^r S*or?. Ic t>TrOT?n sat* ? Closing out records * 'or ft on Al*?**m? so each C 4 r Wome ^ Auto Snon'v Co lc * ? Onr wood a^d co?T ? .nw onlv ** "iow?hs 00 ?- Home A* Auto SmooIv Co. Tel o*r?p ? On* 3 burner oO stove! ...???> f-.il n W100 C A E Hom# *? ""??to Suoplv Co Tel rr?p RFNT- Modern cabins with | "H??'er weektv ?nd mnnthlv ?????*? r ?t?le GHT1 Cafe. Rt 421 n?r *r?lA? I 9-30-2nf r>?T PONT NYLONS ? We have a n'c -election of these famous hose In the '*?t??t fstl shade*. ortred from *1 00 *"> ,11 *1 C*m?o Tvvlon* SI gauge, IS *1 W W#* p*?o ?ome '"?dd '/>?* that Wf are closing on* a* Jtt on c"rn>i of t*"??c arr? IU-15 * M r* w b rrm* ??*?* first ?? ??? not rnrrv r"" '?conds Fconomv Shoe nr\d Readv ?n W?nr Stow lc SUTTS ? Just received nice assortment men's and young men'g brand n*?" tno?? wool suits. Single and double c nme <n and ?e^ thrs* won. d*rf?il values You will be surprised ?t the low price* Economy Shoe a^d ^padv to Wear Store 1c *nw ft ALE? A real investment New ??o*rttn*?nt house including 2 four -non apartments W one completer ??'rnlsbed Located n*ar college T?V 1n rentals of f?0 on per month. !?s-w i* rlebt. See E E Coe. *?o?" ?*-M Boone. N C m 1? S ALF ? Refrt ger a tor . 1947 mod*' sv?Hd*lre. a?t, ctl. ft eaoaet*v. tTsed ?onwirtmat?W one rear. Fxeell^n* -nndltion P^asondhlr priced 51 *T Temple+^n. 13n Plowing Pd.. Boon p. Phone J49-J 1o amis* and children's rxr?*-i We b?ve ^ r?lc? line of t>>e~* !n cntton ?nd other material*. ?^-?~ed "?rv low We have a comDl"t? ??*># rst n)y>++ and sltpoers. combat and shoes ?Thr???* for the id>oV (family and ?mr prices are *>nr g??an* ?^le Economy Shoe and Ready Wear Store. Icj FOR SALE ? One six -room house, located just out of Perkiruvllle on West Jefferson highway. One acre land, house has been newly painted inside and in excellent condition. For information call 275-W lp FOR IMMEDIATE SALE? 1931 Model A Ford, extra good mechanical condi tion. Has passed inspection. Price reasonable. See George Thomas at 'Blue Ridge Supply Co. before 10:30 m Monday thru Friday! or at Zionvllle all day Saturday or evenings lafter 6:00 o'clock. lp FOR SALE ? 145 acres on good road, some nice timber, fair house, elec triclty on farm. S3. 850 00 115 acres, attractive 8 room house, basement, electricity, running water good farm buildings, near vlllare school bus. feed and equipment. $12 - 750.00. P M. Browning. Broker. Cul beper. Va. 9 -30 -2c WORK WANTED? Former civil ser vice employee, experienced in all general office work. Including time keeping. desires work in Boone. Write Box 08 or call 323-J. 9 23-2c FOR SALE ? Small piece of land near ?cenic highway and near my place. Won't cost much to own. Mrs. J C Church. Shulls Mills. N. C. 9-23-8C ALTERATIONS, reweaving. mending, buttons and buckles covered. Com olete belts tailored. Call Boone. 249-J. 9-23 -4 p EARN SPLENDID INCOME selling Avon cosmetics. Open territories In Boone. Sugar Grove. Shulls Mills. Valle Crucis. Write Mrs. Sarah Sorrell., 28 Broad St.. Ashevllle. 9-23-3p 1ence or Frrm in Lenoir or Caldwell ?ountv write us. or phone 18. SHELL RFALTY AGENCY. Union National Bank Building. Lenoir. N. C. 9-18-3c FOR SALE ? Powell Bros farm near Lenoir. N. C. About three hundred teres, seventy -five acres in pasture. Ground three hundred thousand feet yf sawing timber. Also eleven-room 1 welling with bath. Grain elevator: two brick silos, and barn, room for two hundred head of cattle. 9-18-3c WESCOTE SUPREME^ A INT, guaran teed the highest quality possible to manufacture! Our price $3 29 gallon j Why pay more and get less? We also| jarry a wide selection of Wall Papei In the latest designs low as 19 cent< oer. roll. Western Auto Associate. Store 7-15-tfcl OR. C. G. BAUGHMAN. *y?. ur. rtoa ind throat specialist of Elirabethton r?nn., will be at the Watauga Hos >ltal tn Boone the first Monday !r ?ach month for the practice of his' pro 'isslun ItADIO BATTERIES, extra heavy netal covered A B packs, guaranteed 1400 hours, special this weak 9>J6 tach. Our customers find they last >ne third longer than the 1000 hour catteries yet sen for leas WESTERN S.UTO ASSOCIATE STORE. 9-18-tfc rOR RENT ? Floor sender, eager and K>lisher. Call C 4k E Home and Auto lupply Co., Boone. N. C. 7-29-tfc SfORTH WHJCESBORO BEAUT Y SCHOOL G I approved Now open ?o both bovs and gtrla. 1-30-tfr rOR RENT OR LEASE? Service Sta :lon and Store Building 3ft miles vest of Boone. See Dallas Bodges /lias. N. C. tfr *OW BUYING GALAX? Want wo nen to do piece work tn their homes. iVilcox Drug C6. 9-9-4c NEW TYPEWRITERS AND ADDING MACHINES Fast delivery, expert repair serv ice. all makes. LENOIR OFFICE EQUIPMENT CO. Phone 419. Lenoir, N. C. Authorized distributors of Rem ington Rand office equipment. SEE AM* VOVU VOTE MMumef, A?S LAUGH CANDIDATE Of THK YEAr Church Announcements PRESBYTERIAN CHURCH J. K. PtikM. Jr. Pastor Sunday School at 10 a. m. Morning worship at 11 a. m. Westminster Fellowship 5:43 p. m. Choir rehearsal Wednesday at 0:30 p. m. Officers meet at Gateway Cafe Wednesday at 7:00 p. m. ADVENT CHRISTIAN CHURCH Mrs. F. E. War man. Pastor 9:45 a. m. Bible School, C. G. Hodges, Superintendent 10:45 a. m. Worship Service 6:30 p. m. Evening Service, young people in charge 7,00 p. m. Wednesday, Choir practice. The Regional conference of the denomination will be held at the camp grounds at Lake Hickory, beginning October 6. At the recent annual meeting of the church the postor was un animously re-elected for the coming year. ? --?-.? HARVEST DAY SERVICE First Baptist church. Blowing Rock will hold a Harvest Day Service, Sunday October 3. 10:00 a. m. Sunday school; 11:00 a. m. Worship service and communion. A special speaker will deliver the sermon. A love offering will be taken for the indebtedness of the church. Following mouajjfi service there will be a fellowship din ner. Every family is urged to bring a picnic basket and remain for the dinner. BOONE METHODIST CHURCH S. B. Moss, Pastor Sunday October 3: 10 a. m. Church School; II a. m., morning worship ? observance of world wide Communion Sunday; 6:30 p. m., Fellowship meetings. Regular prayer meetings each Wednesday evening. PASTORS. DEACONS MEETING Pastors, deacons and other Christian workers of the Three Forks Association are asked to meet at Oak Grove Church Mon day, October 4th, at 2 o'clock. W. F. Smith, Chairman. BAPTIST CHURCH Dr. W. G. Bond, Pastor 9:45 Sunday School 10:45 a. rq. Morning Worship Sermon Subject: "Love of God Hosea" 6:30 p. m. Training Union 7:30 p. m. Evening worship; Sermon subject: "Reverence." GRACE LUTHERAN CHURCH Edwin F. Troutman. Pastor Sunday School at 9:45 a. m. D. G. Moretz, supt. Morning worship 10:45, Holy Communion, anthem by choir; Luther League 6 p. m.; Lutheran Students Association at 3:30 p. m. FOR RENT? 3 room apartment with! bath. 1 mile west of Boone on High-1 way 421. See Mra. Margaret P. Hughes. lp TOO MANY DRIVERS Laramie, Wyo. ? Patrolmen who halted a car after an acci dent concluded that it had one too many drivers. Both men in it denied being the driver and pointed accusing fingers at the other. One was charged with reckless driving and the other of liquor. with driving under the influence The number of soil samples submitted annually to the Soil Testing Laboratory of the State Department of Agriculture has more than doubled during the past four years. STATEMENT ? ATLANTIC LIFE INSURANCE CO.. Richmond. V?. Condition December 31, 1947, as shown by statement filed. Amount of capital paid up in cash $ 500.000,00 Amount of Ledger Assets December 31st of previous year; Increase during year 0; Total 46.960,103.65 Premium income, $4,937,834.04; miscellaneous $2,933. 934.20; total 7,921.768.24 Disbursements- to Policyholders $2,761,633.74; Mis cellaneous $2,117,435.75: Total 4,879.069.49 Business written during year ? number of policies 6,111; amount - - 22,007,219.00 Business in force at end of year ? Number of policies 75,434; amount 185,047,483.00 ASSETS Value of Real Estate (less amount of encumbrances) 650,322.43 Mortgage Loans on Real Estate 23,166,389.82 Loans secured by pledge of Bonds, Stocks, or other collateral Loans made to Policyholders on this Company's Poli cies assigned as collateral Premium notes on policies in force Net Value of Bonds v..., Net Value of Stocks Interest and Rents due and accrued Premiums uncollected and deferred Investment Real Estate under lease All other assets, as detailed in statement 82.337.35 2,857,228.16 6,050.10 15,626.849.85 5,023,304.74 849,523.81 263,830.07 840,108.27 1,677.376.20 63,419.90 Total 51,106,740.74 Less assets not admitted 688,971.39 Total admitted assets $50,417,769.35 LIABILITIES Net reserve, including Disability Provision 41,658,114.74 Present value of amounts not yet due on supplemenr tary Contracts, etc . 3.919,859.04 Policy claims 248,070.99 Dividends left with Company at interest 400,112.84 Premiums paid in advance 880,522.35 Unearned interest and Rent paid in advance 81,296.06 Commissions due to agents ." 380.00 Estimated amount payable for Federal, State, and other Taxes Dividends due Policyholders ? Amounts set apart for future dividends : :. All other Liabilities, as detailed in statement 596J01 990.61 466.22 044.43 Total amount of all liabilities, except Capital.. ..$ 47.842,458.29 48.! 6,( 49,' 509,( 500,000.00 500,000.00 1.575.311 06 2.575,311.06 Reserve Capital Paid up in cash Unassigned funds (surplus) Total Liabilities .7. ~ .$ 50.417,799.35 Business in lh* Stat* of North Carolina During 1947 ORDINARY No. Amount Policies on the lives of citizens of said State in farce December 31st of previous year 10,230 $24,299,951 Policies on the lives of citizens of said State is sued during the year 1,229 4,370,036 Total 11,459 $28,669,987 Deduct ceased to be in force during the year 647 1,676,942 Policies in force December 31st 10,812 $26,993,045 Losses and claims unpaid December 31st of pre vious year 8 47,361 Losses and claims incurred during year 86 377,005 Total 94 $ 424,366 Losses and claims settled during the year, in full 88 418,765 Losses and Claims unpaid December 31 6 5,601 Premium income ? Ordinary $743,126.55; Group 0; Industrial 0, Total $743,126.55. President, Robe V. Hatcher; secretary, Adolphus B. Scott; Treas urer Geo. A. Sherman; Actuary, Paul C. Moore; home office Main and 6th Sts., Richmond, Va. Attorney for Service: WILLIAM P. HODGES, Commissioner of Insurance, Raleigh, N. C. STATE OF NORTH CAROLINA? INSURANCE DEPARTMENT (SEAL) RALEIGH, June 21, 1948. I, William P. Hodges, Commissioner of Insurance, do hereby cer tify that the above js a true and correct abstract of the statement of the Atlantic Life Insurance Company, of Richmond, Va. filed with the Department, showing the condition of said company on the 31st day of December 1947. Witness my hand and official seal the day and date above written WILLIAM P. HODGES, Insurance Commissioner. Don't Stop Washing account of weather conditions ON Come to BUCHANAN'S Automatic Laundry Next to Boone Super Market - Boone, N. C. to ? WASH AND DRY YOUR CLOTHES i IT COSTS YOU SO LITTLE and TAKES SUCH A SHORT TIME ? Phone 6^-M
Watauga Democrat (Boone, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 30, 1948, edition 1
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