Cherokee scout. volume (Murphy, N.C.) 188?-1961, January 07, 1960, Image 6
Davidson THIS WEEK 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 ^uhlicly-owned corporations. . 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 HENN THEATRE Murphy j Thurs. - Fri. Jan. 7-8 LOU COSTELLO In THE The 30 Fool BRIDE r of l CANDY I ROCK Sat.. Jan. 9 Double Feature "STARS IN : MY CROWN,, Starring JOEL McCREA Also COUNTERPLOT " LATE SHOW Sat. 10:45 "THE MAIM WHO COILD CHEAT 1IEATH" Sun. ? Mon. ? Ties. Jan. 10 to 12 ROBERT MITCHUM JULIE LONDON In THE Wonderful Country TECHNICOLOR is shunning newspaper headlines in setting up rules which must be fol lowed by all parties in a pi ox: contest. 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. Public Interest I 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 I 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 test. .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 nated. 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 claims. 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 tests. The SKC. however, will police i Rotary Club Holds Annual I Christmas Party J The Murphy Rotary Club held ilatir annual Christmas party at The Family Restaurant Tuesday night. Lift. 15. Special guests were Rotary Anns and Miss Jerry Hitrti Smith. The restaurant was decorated with red and green candles and Christmas greenery. 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 Kotao Anns. President Don Carter opened the program lor the evening with sev eral contests. Mrs. Lloyd Hendricks and Bolj Penland were awarded prizes. 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." in 1960... take advantage of our free services a 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 PERSONALS 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 ltolidays. 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. Claude Fowler. 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 Sword. 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 motuhs. Johnny Carringer who is work ing a>. Davidson's store in Atlanta, Ga., spent Christmas with his grandparents, Mr. and Mrs. D. V. Carringer. 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 Mr. Ellis. 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 An- 1 pslient at Protestant Hospital. SgmHEMBUmi Soil Conservation NEWS Bj JOHN amil 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 rtisult. 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. ? UfittAL IMOliCCs NOTICE OF SALE OF real estate NORTH CAROLINA CHEROKEE COUNTY CHEROKEE COUNTY, A Muni Clpal Corporation, Plaintiff, ? vs 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 the John 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 ? J-h?. FOR RENT ONE FURNISHED two room apart ment Heated Cat VE 7-16 ? lUty I ONE FOUR ROOM unfurnished apatlmeat. Seam beat. Ctoae in. Phone VE 7-2623 23-3tp ! __________ ONE-TWO ROOM fumuhed apart ment. with bath Dial VE 7-3162, Lyda MtaMonee. 23-3lc FOR RENT? FOur bedrooms. 2H baths, living room, dining 'room, kitchen and screened in porch. Call VIE 7-2366. 23-Uc FIVE ROOM HOUSE with large garden and pasture. See J. iB Shields. Tomokla, N. C. or call VE 7-2707. 23-3tc North Carolina Counties To Receive Funds 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 ?was reduced. 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 Chiropractor Dr. Dickey Office BuikUng PHONE VE 7-2112 Andrews Read Murphy, N. C. Subscribe To The Cherokee Scoot 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 restrictions. Interviews: Room 8, Joy Mo. el, Murphy, iN. C. Hours 3 to 6, Friday and Saturday. 23- ltc 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 23-3tp 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 phone number. 23-4tc 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. 23-4tc SERVICES 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. 23-3tc | 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. 20-tfc 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 unemployment office. 20-tfc 1 1 1 FOB SALE 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 niture. 23-3tc 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. iMfti 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. , 23-StC BLUE RIDGE TRUCKING COMPANY Fast Service Everywhere Via Reliable Connections Terminate at Ashevtlle and Murphy Phone VE 7-2922 Specify BLUE RIDGE And Be Sure ( Don't Ul STOMACH TROUBU Wrack your HmHKI PIPIO PACIFIC E. C. MOORE JEWELERS See THE MEW BVLOVAS Expert Watch Repair By A Graduate Watch Maker I 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 Drug Co. >1 REALESTATE WANTED 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. Parker Bldg. Murphy. N. C.