North Carolina Newspapers is powered by Chronam.
V ? In Washington
With Clinton Davidson
* Id contrast with the publicit.v
'that has been given radio and TV
?ttamlals over lixed quiz program*
?and payola, another government
li igency has moved quietly to clean
"up proxy contests lor control of
. The proxy contests, often involv
ing billions of dollars invested by
Miareholders. trequently make the [
'quiz and payola rackets look like
?the innocent amusement of ehil
ilren. fcy comparison.
The Securities nnd Exchange
fMiwission. often called the !
"Watchdog for Hie Small Investor.' j
Thurs. - Fri.
The 30 Fool
Sat.. Jan. 9
" LATE SHOW
"THE MAIM WHO
Sun. ? Mon. ? Ties.
Jan. 10 to 12
is shunning newspaper headlines in
setting up rules which must be fol
lowed by all parties in a pi ox:
The main rule is that rival par
ties seeking control of sUvh cor- 1
pcraliotrs must slick to .'acts and
tell >aart holders t lie .ruth. In sum.
cases the rival gioup> have opjr
f. ltd on the theory that ' anything
goe> in such contests.
Everyone who owns a share ol I
slock in a corporation has a finan- 1
cial in:ciest in how that corpora- j
lion is managed. In most corpora
t.ons a majority of tiie slock is held
by small investors, and Uiese have
the right to vote 111 choosing the
mauag?.meui ol the corporaiion in i
which they hold shares.
When t\w? or more groups try to
gain control ?.t the management o.%
a corporation they send out proxies
asking the shareholders to give'
them the power lo vo.e tlieir shares
lor one of the parties in the con
.Not long ago. for example inter
ests Jed by the late financier Kob- i
ert Young, wanted to get control ol |
?he great New York Central Kail
road. They wanted shareholders to
vote for the directors they nomi
It has been estimated that in that j
contest each side spent more than j
a million dollars on publicity, ad
vertising and sales plans, trying to
win the approval of the greatest
number of shareholders. Both sides
made conflicting statements and
Confusion and Distortion
Quite frequently in proxy con- j
tests shareholders are confused by |
the distortion of truth and. in som- 1
eases, unfounded attacks upon thr j
integrity or personal reputation 01
the opposing parties in such con
The SKC. however, will police
J The Murphy Rotary Club held
ilatir annual Christmas party at The
Family Restaurant Tuesday night.
Special guests were Rotary Anns
and Miss Jerry Hitrti Smith.
The restaurant was decorated
with red and green candles and
Christmas dinner was served and
uue.-:s played games. Later in the
. \ t inns, Holland McSwain welcomed
-poc.al guests and Mrs. Bob Pen
?and gave the response for the
President Don Carter opened the
program lor the evening with sev
eral contests. Mrs. Lloyd Hendricks
and Bolj Penland were awarded
Mrs. I>on Carter gave a Christ
mas reading "The Yuletide's Magic
Cloak". A film "Christmas In Many
Lands" was shown.
Gifts of wooden serving trays'
were given to the ladies.
Miss Smith, guest accordianist
acccmpanied the group in singing ]
Chris. mas cards.
future contests to protect the inter
est o! shareholders by making cer
tain that they receive sufficient
factual information on which to
assign their proxies lor the protec
tion of their investment.
Just recently Mr. Manual F.
Cohen, a distinguished attorney
who is the adviser to the Com
mission. in an address to the Fed
eral Bar Association of New York,
-New Jersey and Connecticut, ex
plained the SEC rules and the rea
son for them.
We believe that this address
should be read by everyone who is
interested in a situation wihere new
management is trying to replace
known corporation. You can get a
copy by writing Securities and Ex
change Commission. Washington,
1). C , and asking for the address
by .Mir Cohen entitled "The SEC
iir.d Proxy Contests."
take advantage of our
K To help you live better
U electrically, we offer you the
A services of electrical
specialists who will help you plan
for a more efficient and economical
use of electricity.
Plans for your new kitchen ... for electric
beating and air conditioning . . . for adequate
wiring ... for better home lighting . . . for
other uses of electricity throughout your home.
These services are absolutely FREE! Simply call
or come by our office. Whatever your problem,
an electrical specialist is ready to help you.
Throughout the year, Lake advantage of our
FREE SERVICES . . . and live better electrically.
MURPHY POWER BOARD
Mfca Nadiae Queen ot Clinton.
Tcnn. spent last Sunday as guest
I cl Mr. and Mrs. W. P. Odom.
S-Sgt. and Mrs. Bud L. BraWn
and children, ueooie and Lairy,
have returned to their hone ui
Omaha, Net)., after spending tue
holidays with their parens, Mr.
and Mrs. Cioe Moore and Mr. and
Mrs. Ben H. Brown.
Mr. and Mrs. Howard West and
daughter. Miss Wanda West of
Green River, Wyo., spent the Christ
mas holidays at their home here.
Mrs. Clara Jenkins of Alpharetta,
Ga., spent Christmas with iher
daughter, Mrs. Herman Edwards,
Mi'. Edwards and children.
Mrs. Virginia Cobb of Lenoir
lias Ihe weekend guest of Rev. and
Ms. W. F. Elliott.
Mrs. Kale McDonald of Wash
ington, D. C. spent the Christmas
holidays with her daughter. Mrs.
A. J. Headrick and family.
Mi. and Mrs. Wade Ricks and
sons of Fort Worth, Texas, visited
relatives here during the Christmas
Mr. and Mrs. Ed Harshaw o!
Richmond, Va., and Miss Helen
IHarshaw of Asheville spent Chrisi.
mas holidays with their sister,
Miss Ada Harshaw.
All's. R. 'H. Foard has returned
home after spending Christmas
holidays with relatives in Cleve
land, N. C.
All", and ,Mrs. E. L. Shields haive
returned home alter a months visit
with relatives in the eastern part
of the state.
Mr. and Mrs. J. H. Hampton have
It turned to their home in Akron,
Ohio, after spending Christmas
with their sister and brother-in-law,
Mr. and Mrs. Dave Carringer.
Mr. and Mrs. Paul Scholield and
children. Patricia and Paul Akin
of StatesviUe, and Mr. and Mrs.
George Powell and children. George
Parker and Susan of Charlotte
spent Christmas with Mrs. Scho
lield s and Mrs. Powell's mother,
Mrs. S. D. Akin.
Mrs. Ruth Carroll spent Christ
mas with her daughter, Mrs. Don
Brennan of Alexandria, Va.
Mr. and Mrs. John Fowler, of
Atlanta spent Christmas holidays
with 'his parents, Mr. and Mrs.
Kocidie Har;ness of Ft. Lee, Va.,
spent last weekend with his aunt,
Mlrs. Valerie Brown.
Billy Brandon of Atlanta spent
Christmas with his mother, Mns.
W. H. Brandon.
Mr. and Mrs. Clyde Duvall and
children, Paul and Jeff of Bre
vard spent Christmas holidays with
Mrs. Duvall's aunt, Miss Emily
Rev. and Mrs. A. L. Maxwell and
sons. Pet or, David and Jonathan
of Sylva were guests Monday night
of Mr. and Mrs. Duke Whitley.
Rev. and Mrs. R. T. Houts Jr.
and daughter, Linda, have returned
from spending Christmas with
Mrs. Houts' sister, and brother-in
law, Mr. and Mrs. Van Leir Lan
ning of Wilmington, Del. They
were accompanied home by Mrs.
Houts' mother, Mrs. C. C. Caoke
who will visit with them for several
Johnny Carringer who is work
ing a>. Davidson's store in Atlanta,
Ga., spent Christmas with his
grandparents, Mr. and Mrs. D. V.
Miss Addic Lcatherwood has
relumed home after spending
Christmas w ith her nephew, Hayes
Leathenwood in Knoxville. Tenn.
M)rs. Ellen Wheeler and daugh
ter. Miss Thelina Wheeler, returned
home Saturday from Jasper, Ala.,
after spending Christmas with rela
tives i here.
Mir. and Mrs. Kenneth Farmer
and son, and Mr. and Mrs. Le Roy
Ray all of Asheville spent Christ
mas with their aunts, Misses Kate
and Leila Hayes.
Mrs. Wade M>assey spent Christ
mas with her son, and daughter
in-law, Mr. and Mi's. Jimmy Mjas
tey of Atlanta. Ga.
Mrs. Ira Butt of Butler. Ga.. is
spending the winter with her
daughter. Mrs. Frank Ellis and
Mrs. Bruee Gordon has returned
from a visit with her sisters. Mrs.
?tenet Owen and Miiss Rose Mary
Smith ait Asheville.
| Mr. and Mrs. James Taylor who
have been visiting Mr. Taylor's
parents. Dr. and Mrs. F. V. TayJor
left Saturday tor Chapel HH1,
Mir. and Mrs. Edward Price of
Concord, are vwiUi* Mr. Price's
pslient at Protestant Hospital.
At tiie beginning of a new year,
each of us shoukl take inventory
ci our stocx ,o see whefcner we went
.?r?aiu 01 Backward during (he oi
year. ilw. applies to farmers as
>\ oil as to uw grocer, ate tmrawau u
aecuLi , or lite ury goods mercuam.
Did you, Mr. Fairmer, make any
pi ogiesc in ls?a'.' Mow muon more
urn uia you taise per acre loan
juu uiu in uie same neid in
With the aovances .<iat have Oeen
uraoe in <tne science ot growing
ciops, it is pcissiote that you coulu
nave made at least twenty five per
cent more corn per acre last yuar
.nan you did ten years ago. It
would have been necessary tor you
to use improved varieties, more
.trtilizer, cioser planting distances,
and better cultural methods. If you
did all of these things, and got as
much rain as you needed, a good
crop would almos certainly be Uie
What happened to your land dur
ing ly59? Is it in as good shape
now ,as it was last January? You
can answer this for yourself by
looking at your liand Held by field.
II you see any gullies or washes
developing in your fields or pas
tures, you aren't treating your land
as well as you should. It is im
portant not only to you, but to your
children and their children that you
do not allow any of your lad to
wash away. No new land is being
made, and we are already using
most of what we have tfcat is suit
able for cultivation or pasture. ?
NOTICE OF SALE OF
CHEROKEE COUNTY, A Muni
Clpal Corporation, Plaintiff,
JOHN ARTHUR SWANSON and
SON SWANSON; D ? SW.VN
WIN and wife, GENEVA Wiv
SON; GEORGE SWANSON^ and
OWABEE SWAiNSON; EL
SWA\SOV ANSON aDd ?LJVO
&WANSON; CLINTON SWANSON
TH ALINE SWANSON; BRIT
TILEE SWANSON HARRIS and
husband. CLAUDE HARRIS; ETH
t-L SWANSON CHIFLEY and hue
band. COLONEL CHIFLEY MARY
?>U SWANSON FARMER and^s
band, LUTHER FARMER
By virtue of au.hon^
?e by a Judsniem of the Cherokee
County Superior Court dated the
2nd day of January, i960, in the
above entitled action, I *
4'h ^ " Fel)ruary
-960. at twelve o'clock, noon aTth*
Courthouse door in Murphy. North
aroHna, offer for sale to the
'highest bidder for cash, subject^
Iht confirmation of the Cour< <k
'lollowing described land in Cbert^
*ee County. Non.h Ca,rofea ^
??^tain tract or Ddr<v*i i .
"Cherokee Count/ S^JJ
Carolina, adjoining the lands of J
h and O. L. Torrence and
trSna?d *?"*?? as follows.
Id District No. 8, Shoal Creek
lownship, Cherokee County N^h
Carohna. -BEGINNING 0? ^
corner on a Black Oak. then
J ''ne to a rock comer, to J r
Pack s hne. then West with J r'
?Packs line, and O. L. Torrence
hT A? a SuaniSh ?ak ??*? i?
A A. Postell line to a ro^
corner in the S W. Simmon u?
then Southeast with Stawwns to a
Ledford s line; then a Southeast
cour* with the said line tTTbtack
the BEGEWiNG corner, con!
?Mng thirty -30) acres, more or
Being the same tend described
ta and conveyed by a Deed, dated
September ?. 1861. front John A
Swanaon and wife. Eaaie Sw.naon
to Mary Swanson (being the same
Person a i Rookie Maaon Swanson)
fcnd registered in the OOlt* of the
Rtgiater of Deeds of Cherokee
County. North Carolina, in Deed
Book 182 at pace 304. reference to
which Deed is hereby made for
?reater certainty description.
Whig the 4th day of January I960
L L. MA80N, JR
! 3-t.c i ?
ONE FURNISHED two room apart
ment Heated Cat VE 7-16 ?
I ONE FOUR ROOM unfurnished
apatlmeat. Seam beat. Ctoae
in. Phone VE 7-2623
ONE-TWO ROOM fumuhed apart
ment. with bath Dial VE
7-3162, Lyda MtaMonee.
FOR RENT? FOur bedrooms. 2H
baths, living room, dining
'room, kitchen and screened
in porch. Call VIE 7-2366.
FIVE ROOM HOUSE with large
garden and pasture. See J.
iB Shields. Tomokla, N. C. or
call VE 7-2707.
Cherokee, and Clay Counties are
among 26 counties in North Caro
lina which will receive part of
$233,362.23 from receipts on the
North Carolina National Forests
during the past year, Hugh S. Red- ?
ding, Forest Supervisor said.
Cherokee County will receive '
>18.316.69 and Clay County will re
ceive $13,490.79. :
Mr. Redding stated that the fed- .
cral government has issued a check
tor that amount to the North Caro
lina State Treasurer. The sum rep
resents 25 per cent of the total
$93o, 449.00 received from the sale
cf timber and other special uses in
North Carolina National Forests
during the past year.
Counties wihere these lands are
located receive 25 per cent of the
proceeds ol timber sales and other
tarnings each year, allocated on the
basis of the acreage of National
Forest within their limits.
Payments this year amount to
about 21 cents per acre, up trom
the usual 15 cen.s per acre paid
iu previous years.
Mr. Redding said the 1958-59 fed
eral fiscal year was unusually pro
ductive following a year of poor
weather -when timber harvesting
Mr. Redding said that North
Carolina National Forest lands now
include 152,251 acres in the Croatan
National Forest Area; 448,251 acres
in the Nantaliala National Forest
area; 479,697 in the Pisgah National
Forest; 43,391 acres in the Uwharrie
Purchase Unit and 327 acres in the
Cherokee National Forest.
iThis is a total of 1,124,017 acres
located in North Carolina. Accord
ing to the Forest Supervisor, uhese
lands provide water supply pro
tection, hunting, fishing and outdoor
family recreation in addition to the
money from Umber sales and other
earnings. National Forest lands are
managed under a multiple use pro
gram aimed at providing the maxi
mum of ail types of public use
from every acre of land, Mr. Red
ding said. They are open for con
tinued future public use, be said.
CARD OF THANKS
We wish to thank our many
friends for the kindnesses shown,
during the sickness and death ol
our father, A. D. Evans, also for
the beautiful fkmal offerings.
The Family cf A. iD. Evans
DR. DOYLE C. BURCH
Dr. Dickey Office BuikUng
PHONE VE 7-2112
Andrews Read Murphy, N. C.
deadline roe oMoruu)
AM: Nmi Monday*
Kale: ate far facfc insertion
S nria ar taaa ; Una Unas tar
fUt. Vara Uaa IS wards, twa
HELP WANTED ,
READ THIS: Ladies, is an added
income needed in your home?
Openings in Cherokee and
Clay Couniy for full or part
time work. No experience
needed. Write Mrs. Lenora
Wilson, Box 629, Andrews,
N. C., giving street address |
and phone number. 20-4tc j
UNUSUAL BUSINESS opportun
ity. we need key peo
iPLE. Nationally kmnvu cos
metic manufacturer wants
people with ability to recruit
and manage. No territorial
Room 8, Joy Mo. el, Murphy,
iN. C. Hours 3 to 6, Friday
WANTED AT ONCE, Man or Wo
man to supply families with
Rawleigh Products in Che o
kee County. Consumers write
us for Products. Miany Deal
ers earn $50 weekly part
?time, $100 and up full time.
Write Rawleiigh's Dept. NCA
200-1, Richmond. Virginia. i
CORT COSMETICS, la product with
vitamins and fully guaran
teed, has openings for 3 ener
getic ladies. Hours of own
ciroice. Write Mrs. Lenora
Wilson Box 629. Andrews. N.
C.. giving street address and
LADIES: IF YOU HAVE 15 spare
hours per week outside your
home, you can earn an excel
lent income. Write Mrs. Le
nora Wilson. Box 629 Andrews,
N. C., giving street address
and phone number.
GENERAL REPAIR: Extra roouis
added to your home and de
corated. Painting, inside and
Hit. Sander for rent. Roofs
repaired. We handle Johns
Mausviile Roofing. Telephone
VE 7-2122. Gibbs Hardware
and Auto Supply. Sl-tfc
CALL US FOR ALL your TV or I
electrical repairs. We also |
sell and install TV's and an- '
tenna's. Hughes Television
Service. Phone VE 7-2UB4,
Murphy, N. C.
JOIN BLUE CROSS NOW at Special
rates through the Farmers
Federation. Hospital -and
Surgical Benefits. Contact
Don Ramsey, manager, or
call VE 7 - 2416 or VE 7 -285,2
15 - tfc
WANTED TO BUY: Black Walnuts
dried and hulled. Also Ker
nels. Hottest Cash prices
paid. Farmers Federation,
VE 7- 2416. Murphy North
Carolina. IS - tfc
FOR ELECTRIC REPAIRS on
stoves, irons, fans, etc., see
McCamhs and Morgan next
door to the unemployment
office. Also house wiring by
licensed electrician. Day
phoo* VE 7-2587, night phone
VE 7-3055 or VE 7-3147.
GENERAL REPAIR: Extra rooms
?dded to your home and dec
orated inside and out. Floor
Tile laid, plumbing and elec
trical repairs Twenty four
hour servicea. Telephone
day VE 7-2587. night phone
VE 7-2066 or VE 7-J147. All
work guaranteed. McCombs
and Morffin. Next door to
ONE RIDING PONY. WNfc Bridal
and saddle. II interarted call
VE 7-2947. 3041c
TOVE WOOD for sale. Can Com
mooweaMh lAMrbtt Corp. or
/write Billy Brewer, Murphy,
N. C. 2Mtp |
HOUSE TRAILERS FOR SALE;
Ail Sues Available. Her- ,
ma mi 's Trailer Sales at
Shields' Tourist Home, An
drews, N. C. or Contact Her- >
ntann Brauer at Forvyth Fur
FOR SALE: 16 ?. 1958 Model Trav
el Trailer. Sleeps Five. Can
be seen at tUemmui's Trailer
Sales at Andrews, N. C. at
Shield's Tourist Home.
LOT FOR SALE: Beautiful resi
dence building tat for sale /
on Duke Street in East Mur
phy. Contact Mrs. Ed Bar
not t, VE 7-2494.
BLUE RIDGE TRUCKING
Fast Service Everywhere
Via Reliable Connections
Terminate at Ashevtlle
Phone VE 7-2922
Specify BLUE RIDGE
And Be Sure
Wrack your HmHKI
E. C. MOORE
KIDNEY DANGER SIGNALS
Getting up nights, burning, fre
quent o scanty flow, teg pains or
backache may be warning of func
tional kidney disorders ? "Danger
Ahead". Help nature eliminate ex
cess acid and other wastes. Flush
kidneys with BUKETS. Your Ao
back at any drug store in 4 DAYS
if not pleased. NOW at
5, 10, 2* ACRE TRACTS OT
LAND-WOODED, WITH OR WITO
OUT WATER ON GOOD H)G?
WAY OR SECONDARY ROAD. '
IF YOU HAVE LAND TO
COME BY AlJtD SEE US.
Dick Kir hards.
Murphy. N. C.