Newspapers / The Chowan Herald (Edenton, … / March 25, 1982, edition 1 / Page 11
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SECTION B Bank Anniversary Is Observed ' ROCKY MOUNT - People* Bank and Trust Company Shareholders gathered here last week to attend a luncheon and ton anneal meeting held in honor of the bank’s 50th Chairman and Chief Executive Officer, W. H. Stanley, reported to the group mat toe bank ex perienced an increase of every key balance sheet category. Net income for die post year was 04,01,000 compared to for the same period in 1000, an increase of 11.4 per cent. On a per share basis, this amounted to $3.37 compared to $3.00 per share reported in 1000. At year-end, total assets A n «!■■■ Iklwlk roacneu « new nmii ® $443,170,000 compared to $408,617,000 in 1080, an in crease of 0.0 per cent. Gross loans for the period were $354,444,000 versus reported in 1960, an increase of 3.8 per cent. Total deposits at were $30M41,000 compared to $347,004,000 in 1080, a 5.3 per cent increase. Stanley commented “that despite having been founded If You Want Pretty Azaleas... We have any color, kind, size and amount... at our warehouse. i Frank R Jones RpE | I ELLIOTT I |* COMPANY | | * Spring ] \ ' Sale * * % Thursday, Friday and Saturday | | All Men’s and Boys’ | B ■ft) B B H B B Hdsaton. Narih Cmoßna Thmadsy, March 35. urn dortag one of the meat scaasahsdy uncertain institution prominence in its marketplace. In the fifty years of Us existence, the Bank has to a system of SO branches serving 38 communities'’. In his adfraai, Stanley expressed apprertotion to the shareholdßrs, dfarectors, and customers for their Group Supports N.C. Farmers C. W. S. Horae, president of the Federal Land Bank and Federal Intermodule Credit Bank of Oolmnbia, and Larry W. Godwin, N.C. State Director of Formers Home Administration (FmHA) announce the ■signing of an agreement to assist North Carolina far mers. The agreement is as follows. “It is our desire to acknowledge the con tribution North Carolina farmers are making to the nation and to recognise their current financial problems arising from depressed support and guidance added "As the brndteittan its second 50 years of to ear market, the sound financial principles upon which it was founded and ms touowea mrougnoui 11s history, coupled with an entbusiaatic, competent, and well-trained staff, will result to the continuation of the same growth in the tuture commodity and livestock prices and economic con ditions. “In keeping with the primary objective of our organizations of helping improve the income and weU befog of farmers, we pledge our foil support in working together, and agree to cultivate end practice respectful two- way com munications to accomplish this objective.” Godwin stated that Secretary of Agriculture John Block recently in structed FmHA to explore the use of private credit to supplement its own lending resources. This agreement, stated Godwin, brings Federal Lend Bank, Production Credit Association, and FmHA into a closer working relation ship in their efforts to assist North Carolina formers. WINTER OVERCOAT. Don't Go Out Without It r »«•? A M KofomCoHaMM *©.*». is V«g»wa?3?3o 1982 Vacation Cdege Planned CHAPEL HILL - TVs summer the University of North Carolina at Chapel HiU wffl sponeor its fowth annual Vacation College, a one • week adventure in Mam for adults. “Reassessing the ’6os: Where Have All the Flowers Gone?”, ’’Victorian England: The Lasting Legacy” and “The Middle East: The Image and the Reality” are themes for the 1663 Vacation Ooßege. “Reassessing the ’6ob,” June 31-36, will examine the forces that gave rise to the ’6os decade and what was gained and lost from that turbulent time. In the “Victorian England” seminar, July Il ls, participants will explore the lives of Elfish Vic torian people and how modern lives have been shaped by theirs. In “The Middle East” seminar, July 11-16, a group of specialists will discuss the influence of a deep and rich cultural heritage on the crucial issues facing the area today. The seminars will be led by a faculty coordfoator with six to eight faculty members from other disciplines. Lewis Lipsitx, professor of political science, will lead the ’6os seminar; “Victorian England" will be led by Richard Soloway, professor of history; and the East seminar will be headed by Herb Bocknan, professor of history. In addition to informal discussions, each seminar will offer a variety of special activities. For example, the seminar of the Middle East will feature a Middle Eastern buffet at the home of tiie faculty coordinator as well as a session with students from several Middle Eastern countries. Participants in “Reassessing the ’6os” will enjoy an evening film festival. Participants in “Victorian England: The Lasting Legacy” will attend a high tea in the state dining . room in the Morehead Building and will also view films based on the Victorian era. The July seminars will be held in conjunction with an educational, social and recreational program for children 7-13 undo* the coordination of Jean Swainey, Vacation College education and youth director. The seminar registration fee • which includes tuition, lunches, picnic, banquet, and special activities - is $175 for adults and SBS for children. Participants may stay in the Institute of Government, Hinton James Dormitory or the Carolina Inn. Vacation College is sponsored by UNC - CH’s Program in the Humanities, a program of the College of Arts and Sciences with the joint sponsorship of the Division of Extension and Continuing Education and the General Alumni Association. For more information, please contact Patricia Owens or Warren Nord at (919) 962 - 1123. WHO KNOWS? 1. What does the G. stand for in President Harding’s name? 2. What is the motto for tiie District of Columbia? 3. Name the four time zones in the U.S. 4. What famous sea cap tain lost a leg to a whale? 5. For what does SALT stand? 6. When was the 50-star flag of the U.S. first raised? Answers On Page 12-B MORE PONTIAC EXCITEMENT! SSOO or $750 CASH BONUSES •. . •■-'* • ■ . v HOKE joins Pontiac Motor Division around. Your actual cost depends on the deal in contributing to exciting cash bonuses on these you negotiate. new Pontiacs! $750 on our front-wheel-drive Just take retail delivery between now and Phoenix. $750 on our sporty front-wheel- March 31. and Pontiac will send you a check. Or drive J2OOO. SSOO on our nifty TIOOO. And you can apply this bonus to your down payment SSOO on our new front-wheel-drive So come on into HOKE Pontiac 6000. Participating and get your cash 1300115 ** s an dealers contribute 25% to exciting opportunity these bonuses, to own an exciting so shop bonus new Pontiac anewTiOOO $750 bonus on a new MB B a new J2OOO SSOO bonus on a new Pontiac 6000 xJjTX VBIt THE HOME OF THE *GM* GIANT motor corp. jAI HUH I 1 EDENTON4B2-8421 ff vlJIUl»L N - Broad St Ext * « * Chowan Among Conference Teams KINSTON Lenoir Community College has a six - man golf team com peting in the East Tar Heel Conference, including eight regular season matches and tiie conference tournament, according to Guy Peterson, who shares coaching tasks with Gerald McCullen. The Lancers turned back Pitt Community College in a mm - conference match at Ayden February 25 by a score of 366 to 385. The team journeyed to Southern Wayne Country Club March 16 to compete with Mount Olive, an East Tar Heel Conference contender. The Lancers play a non - conference match at Falling Creek Golf Course at IP. M. March ' 18. Other matches are scheduled as follows: March 23, conference match with Chowan College at Beech wood Country Club at Aboskie; March 25, non - conference match at Wilmington’s Echo Farms Country Club; April 1, one - day tournament at Southern Wayne Country Club, hosted by Mount Olive College; April 13, conference match at Falling Creek Golf Course; April 15, one - day tournament at Beech wood Country Club, hosted by Chowan College;April 22, conference match at Zebulon with Louisburg SECTION B /'■ % JOHN DOWD \ ASSOC IA'I IS. Inc. jWlftj|H V NuMREH 40 2 S 402 7 i«.O . INSURANCE l^H John Dowd. Beverly Morris Down Whitt Prudential Life Auto • Home • Health • Farm • Business * Formally R. Elton Forehand Agency College; April 26, con ference tournament at place to be announced; May 16,17, 18, Region Tournament at Cedar Rock Country aid) at Lenoir, N. C. Conference members competing this year are Louisburg, Chowan, Mount Olive and LCC. Southeastern Community College did not field a golf team this quarter, Peterson CPR Training Is Available The American Red Cross Tidewater Chapter, in cooperation with the First Colonies Division, will host a “Weekend Institute” of Red Cross first aid, CPR and small craft instructor and basic level training, April 30 - May 2 at the Little Creek Amphibious Base in Nor folk. This training is open to all residents in the First SSOO REWARD for information leading to the arrest and conviction of the person (s) responsible for killing numerous trees in Arrowhead Beach. Contact Sheriff's Dept. 482-8484. stated. Players on the LCC team include Brian Pomeroy of New Bon, Clinton Wade of Kinston, Thomas Riley of Kinston, Michael Ipock of Kinston, Gregory Keith Ipock and Warren (Rusty) Beaman, both of Kinston All home and road mat ches this -year begin promptly at 1 o’clock, Peterson stated. Colonies Division which includes 23 Red Cross chapter in Virginia and North Carolina. Instructor level training will be offered in standard and advanced first aid, cardiopulmonary resuscitation (CPR), canoeing and sailing. Upon completion of the instructor courses, persons become Continued On Pag* 12-B
The Chowan Herald (Edenton, N.C.)
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March 25, 1982, edition 1
11
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