Newspapers / The Cherokee Scout (Murphy, … / Feb. 27, 1936, edition 1 / Page 1
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?r HI MURPHY Tk* Ltodini ? Vol. OIL.?No. 30. State High Building Loan, County Dinr Topics At < Explains Establishment of Lending Institution; Committees Named A detailed discussion pertaining to the establishment of a Federal Building and Loan association here and announcement of completion of plans for the annual Cherokee County Dinner to be held at the Regal Hotel Thursday night, March 6, marked a regular meeting of the Lions club in the high school build, ing Tuesday night. The main address of the evening was given by John H. Randolph, of Richmond, Vs., a member of the Federal Savings and Loan division of the Federal Home Loan Bank board, who first drew an analoev hetween the social security program being undertaken by the Federal government at this time and the type of sound investment the government is seeking. "Social security ia nothing more than a sound planned program over a period of years. And it depends only on the individual unit?the family," he stated in the first part of his talk. Mr. Randolph said the progress of the future depended on a building program, and t,hat the government, realizing thjs, has stepped in to moderate the practices of the building and loan agencies. lastitatioaa Were "Sharks" He declared that up until 1929 the agencies in moat instances were "highway robbers", sometimes blinding their borrowers and demanding as high as 10 per cent dividends on investments. "I believe this country ia facing a building boom within the next two or three years and that, well-directed building and loan associations can help us a lot and save us a lot of grief over the period of the next ten years", he said. To establish a good building and loan system, he added there must be an " interest desire" on the part of the citizens to make it a success and the "purchaser must get dollar for dollar value." Mr. Randolph assured the club members, tvho are sponsoring the move, that the Federal government would do everything in their power to aid in the establishment of a building and loan here if it were needed and found feasible and potentialy profitable. He then briefly explained the outline of the establishment of an institution of this type here which would require 30 or more subscribers to put up at least $25,000, ten per cent of which must be in cash, and the Federal government after investigation will treble the amount. Different types of deposits and loan were explained, and it was pointed out that loans were made on first liens up to 75 per cent of the value of the mortgage. U ? ?- *"* - t men oe economical He explained .that strict economy must be employed until the association is wejl established. The directors select their officers and Federal auditors check the loans annually. He said the government was anxious to establish as many building and loan agencies as possible in their aim at a social security program. Since the government has taken a (Continued on back page) o Better Weather Aid To Business Locally With warm, clear weather evident again after one of the most severe winters in Cherokee county history, business took a big upswing in the county this week. Most stores reported up-to-par buying power and large crowds were seen on the streets. County roads are said to be in an improved condition ard a more cheerful air in general was noted. I r ffi [ Weekly Newtpmper in Western Nort Murph: iway, TV A , Cherokee ler Are Main Lions Meeting 4-H CLUB WORK TO BEGIN HERE IN NEAR FUTURE Meetings to Explain Projects Arranged By County Agent A movement to organize ?-H clubs in all the communities of Cherokee county will be started this week, A. Q. Ketnsr. rh^rnkon ennnto and his assistants R. B. Wooten and 'Miss Pauline Lentz, announced Tuesday. All Cherokee county boys and girls interested in this work are asked to attend one of the meetings being arranged as follows: Peachtree school house Monday night, 7:30 o'clock; Martin's Creek school house, Thursday night, 7:30 o'clock; Suit school house, Wednesday night, 7:30 o'clock Marble school house Tuesday night 7:30 o'clock. At these meetings the purpose of jthe club will be explained and a drive will be made to have as many boys | and girls as possible to meet the requirements of the state and county I in project work. Any boy or girl between the ages of 10 and 20 are eligible for roembershp regardless of wether or not they are in school. Projects may be carried by boys in corn club, dairy or beef cattle, poul. try, truck crops, pigs; for girls, clothling, in addition to anv of the shove. The 4-H is one of the strongest organizations of its kind in this country. The four "H'"s stand for head, heart, health and hands. Its agricultural and domestic projects are designed along practical lines to teach youthful farmers better and more economical methods of farming. The work is held in the highest esteem of agricultural leaders throughout the nation and great importance is attached to its work. Ccunty agents and state officials are cooperating in pushing forward the movement. The 4-H club has met with great success in all agricultural area". Yearly there are a number of scholarships and prizes offered for work on the projects. Each year at the annual Cherokee county fair prizes will be given in each division and three state college scholariships in North Carolina are offered the outstanding members. Th county agent's staff here is anxious to have one of the best 4-H club representations in the state in Cherokee county, and Mr. Ketner believes many of the boys and girls in this county are interested in the work. 'He suggests that any boys Or girls that attend one of the above-mentioned meetings be accompanied by their parents for, he says the students must have the cooperation of their parents. There is no cost or fees to the club whatsoever. There is no need for cash outlay, fees, equipment or building. The whole idea, Ketner outlined, is to interest all the boys and jgirls in one or more of the projects. The 4-H club movement has been (Continued on back page) New Machinery Used In Beauty Shoppe With the purchase of new Bonat machinery, P>ir. W. B. Pinkeiton, owner of the Ardmour Beauty shoppe says Mrs. Laveita Hemphill, the operator, is now equipped to give the very best service in permanent waving The qualities of the new machinery, which brings a new service to Murphy, are set out more fully in an advertisement elsewhere in this issue of the Scout. Mr. Pinkerton invites the public to inspect his beauty shoppe at any time. pruto k Carolina, Covering m Large and P ft N. C. Thursday, Feb. 2 , To Confei jJOHNSON FUND AMOUNTS TO MORE THAN $85 Family Expresses Appreciation For Community's Help A total of approximately $85.05 has been subscribed to the Johnson fund during the past three weeks. The drive was sponsored by the Cherokee Scout. Most of the money has been turned over to Mr. Blaylock Johnson who lost his home and two members of his family?his wife and son?when Miflvav Horn ktirtt /lnwi*?fv o storm and washed his home away. The community has been generous and liberal in assisting Mr. Johnson. While most of the cash contributor's names have been revealed, it is understood that several Murphy merchant's gave clothing and food to the family to help them along. Both Mr. Johnson and his son, Lawrence, expressed their deep appreciation this week for the aid and support that had been given them. . They said they publicly wanted to (Continued on back page) Second TV A Exams Will Be Held Here Saturday The second of a series of TVA workmen's examinations for skilled J'.d unskilled labor on the Hiawassee, will be held in the Murphy s.-hool Guntersville and Chicamauga dams Saturday afternoon. Over 300 men who had turned n applications for work took (he test on Feb. 15, and a capacity number are expected to be here for the examination Saturday, Fred Christopher. Murphy lawyer, who is in charge of the examinations, said. Andrews Rotary Club Sponsors Amateur Night The Rotary club of Andrews will present its Rotary Amateur night at the (Andrews theater Friday niht. The Droerram will consist r?f nonrlv 50 casts by the best amateurs of the Andrews community. The Andrews Junior Womar.s c'ub and the Order of Eastern Star are assisting in arrangements. Bill Wh?taker heads the committee in charge. The proceeds will go to the cripple children's clinic held every third Saturday of the month at Bryson City: MACEDONIA TREASL BELIEVED TO (By Alden Cooke> (Special Correspondent) MACEDONIA?Several months ago, the workmen, who were busily I'jjiunjyvu sceKing isuppasea niacieffi treasures in an ancient tunnel near here, mysteriously abondancd their work and refused to comment about it. It is believed by many that said treasures were found end carried away by the prospector upon the closing of the work. It is further believed that secret investigations and work had been carried out. Last week information pertaining to the operation of the mine was disclosed when workmen once more began to dig in soggy dirt, bringing to the surface many ores. Two rich veins of minerals had been found recently. A large deposit of gold ore was found leading out from the shaft into the hill; farther to the back f the tunnel a silver lead waa found. Tests prove that these ; ores are rich in gold and silver. It is not know how far the deposits extend into the hill. Workmen are now busily clearing dirt from the tunnel and following J the deposits of minerals with a new tunnel it has been reported. 1 It is a rumor that $50,000 has been offered the prospector for his right to the mine. oteruiallj Rich Tcrruoi-r in This Sin 7, 1936 $ r On Road BANK APPRAISAL | COMMITTEE IN SESSION HEREj A committee appointed by depositors and creditors of the Bank of Murphy which closed its doors here Feb. 15 1933, met Wednesday to appraise the assets of the bank and to estimate what per cent it will pay, according to Fred Christopher. At a meeting here on Feb. 27, a plan of liquidation through public sale, similar to that recently under, taken by the Cherokee bank, was outlined and the committee appointed. The date of the auction of the as-, sets will be announced later. I S. G. Owens is in charge of liquid, ating arrangements. . Those serving on the committee are: F. F. Hendricks, H. B. Elliott. I George Evans, Noah Lovingood, i Will Lovingood, Ben Sneed. Mr. Christopher is the legal advis-1 c. GOOD WEATHER PUTS COUNTY'S ROADS IN SHAPE Warm sunny weatfter this week is reported to have dried up many of the bad roads considerably, and traffic over them is said to be some better. No. 28 to Copperhill is said to be passable at this time. Up until Sunday it was practically impossible to go between Murphy and Copperhill as No. 28 is torn up on the other side of the North Carolina?Tennessee state line, the road between the North Carolina state line to Miner- \ al Bluff was impassable and the road from Blairsville, Ga., to Blue Ridge, j Ga., was in bad condition. It is reported that 72 car loads of stone are being used to repair No. 28 Geologist Sails For Peurto Rico Thursday Mr. Berlon C. Moneymaker, asso- ! ciate TVA geologist, stationed at Murphy, left Monday for Puerto Rico where he will do engineering and geology work for six weeks. Most of his time will be devoted to a study of dam sites in that territory. Mr. Moneymaker sails from Xew York Thursday on the S. S. Coama. The geologist, second highest of that division of the TVA, has been borrowed from the TVA by the Peurta Rico government. While away Mr. James B. Ward, of Murphy, will hold Mr. Moneymaker's position. RE TUNNEL IS HAVE YIELDED ORES LARGEST CREAM SHIPPERS LISTED BY COOPERATIVE At the annual business meeting of trie mountain, valley (Jo-operative, Inc held recently at the John C. Campbell Folk School at Brass town, the names of the 10 largest cream shippers during the past year were announced as follows: Jonh C. Campbell Folk school, rasstown, 4,209.98 pounds butter fat, for which was received, $1,057,50; J. T. Hunt, Cleveland, Ga., butter fat, 1,275.57, received $318.75; H. D. Waldrop, Hayesville, N. C. butter fat, 864.82 pounds, received $216.25; T. C. Husley, Cleveland, Ga., butter fat 739.99 pounds, received $180.00; T. D. Hickey, Suit, N. C., butter fat, 621.40 pounds, received $155.35; W. C. Anderson. Hayesville, butter fat, 565.23 pounds received $141.25; L. M. Shields, Suit N. C., butter fat, 493.11 pounds, received $125.28; H. B. McNabb, Suit, N. C., butter fat, 421.99 pounds, received $105.50; Will Johnson, Suit, N.C., butter fat, 378.85 pounds, received 94.75; R. F. Roberts, Murphy, butter fat, 343.27 pounds, received $85.75, making a total of 10,004.21 pounds of butterfat, for whoch the sum of $2,483.35 was received. - - : # ut TODAY te 1.50 YEAR?5c COPY s To Dam GROUP ls"lN RALEIGH TO SEEK^ ROADS Committee Report Their "Mission Is A Success" Wednesday Noon The North Caroline state htghj way commission will ask for a con. ference with the Tennessee Valley . authority officials Murphy representatives declared after laying I Murphy's proposal for a road to the Fowler Bend dam site before | the group Wednesday noon. The information, declaring "?i.tr i mission is a success", was received here in a wire from C. D. Mayficld Wednesday evening. I It reikd: State highway commassin appreciates our position. They I will ask confereiiee wiih ?k- T? n?*cee Valley authorities. Our mission is a success." Seeking cooperative movements between the Tennessee Valley authority and the North Carolina highway board in the matter of road construction and repairing between Murphy and the proposed Fowler Bend clam site, five Cherokee county men left for Raleigh Monday to confer with Governor Ehringhaus and Capua Waynick Wednesday noon. Those attending the conference were: W. A. Adams, chairman of jthe county board of commissioners, Mayor J. B. Gray and C. D. Mayfield, of the town council, and Dr. J. N. Hill and Walter Mauney of Murphy, and Percy B. Ferebee, of Andrews, president of Citizens Bank and Trust company. The delegation was instructed to make the trip following a called meeting in the Regal hotel Friday morning at which time the problem of seeking a means to furnish paved highways between Murphy and the dam site in the best interests of both the TVA and the State were discus**ed. Proceeding from information that the TVA would construct a road from Turtletown, Tenn., to Oak Park and from there into the dam site, it was tenatively proposed that the state be asked to pave and regrade a stretch I of road between seven and eight J miles in length from the point where tho Shoal Creek road turns off high! watl No. 28 to Cnnnorhill into tho Suit community and ask the TV A to build a stretch from Suit to Oak Park, a distance of a little more than two miles into the dam site. Auxiliary TVA Road. The TVA link of road will bo constructed as a means for hauling machinery from the Norris dam into the Fowler Bend site. The Shoal Creek road has a gravel finished surface and No. 28 from Murphy to the point where it meets with the Shoal Creek road is finished in macadam. In line with efforts here to have a lake contour road into the dam site, it is believed that the proposed stretch of road will follow closely ;the 1?1? / 1 l *1.. *T? v . iuiuicu uyi Lilt' mawassee wnen (Continued on back page) o IMPROVES STORE Mr. Noah Lovingood, of the Murphy Supply company, is remodeling another store adjoining his huge building and will use it for his grocery department upon completion. It is being remodeled both inside and out and the entrance between that department and the clothing department and the S and 10 cent counter will be arranged. o BARN BURNS DOWN The barn of Mrs. Doc Mason of the Culberson section, is said to hj^ve burned down during the past weekend destroying a cow, a heifer and two pigs. PEACHTREE CHURCH MEET All members of the Peachtree Baptist church are urged to be present at a business meeting and roll call of the church Saturday morning at 10 o'clock. Eastern Standard Time.
The Cherokee Scout (Murphy, N.C.)
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Feb. 27, 1936, edition 1
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