nay
"if t'
1 k:
SA-.TBB CAROLINA TIMES Sat., Nov. 10,
EDO OEIALS
Help Protect Children From Abase
t?Pp: Aid Cruetty. 'ffll:
ONI WAY TO REDUCE IK "MACK PRESENT'
. A , continuing and alarming
symptom in our American society is
the sickening aspect called the
"battered child syndrome?;
Each year and each day thousands
of our children are either beaten or
even killed by their parents.
It appears at times that our society
seems powerless to deal with, or do
anything about the severe problem
revolving around such "battered
children."
However, the availability of more
foster care homes for children who
have been lemoved from such
situations, and especially homes for
Mack children will help alleviate some
of the problems.
Good black foster care homes are
urgently needed in most areas.
The Social Services or Welfare
Departments attempt to remove these
children from such homes if available
space can be found for them.
With the rising number of early
marriages or just male and female
relationships- the advent of a child or
children- many times can create
problems that immature parents
cannot solve. As a result they
sometimes inflict and heap cruel,
inhuman, or abusive treatment upon
the child or children. Such parents not
only need the children or child
removed from the home, but they
too, need help for surely they are sick
themselves.
" An important factor to remember is
that child abuse falls in all sectors of
our society, affluent as well as at
poverty levels.
All children have a right to be
protected from cruelty or abuse by
immature or unfit parents.
But, perhaps, still the greatest need
is for more available foster care homes
for those children who desperately
need such a change in their
environment so that they can at least
be helped in an atmosphere of trust,
love and tender care.
TO DECLARE'
STERILIZATION ON THE
RETARDED HAD ITS
OENTINNAZI
OERHANY. THIS WHOLE
THING ISA HORRENDOUS
ATTACH ON PRIVACY,
I AND THE
, '
JULIAN BOND
ilISS 1
, - Br-, . S- ' -jmW
Kjfe. jmm bbbbT
Goab Set For More Black Teachers
The recent report by the assistant
superintendent of personnel irt
Durham county schools that his goal
is to have a greater percentage of
black teachers working in the schools
to match black enrollment .in those
schools appears as a forward looking
and positive goal. ,gA fl
Many educators have tost their
positions and it is well past time for
North Carolina administrators to
continue to build the black image in
larger proportions all over the state
instead of cutting them down.
Reports from the recent NEA
teacher rights program show that
about 211,000 more minority
educators must be hired for the
nation's public schools in order to
"bring about equity and parity" for
minorities.
There are many qualified black
teachers and other administrators in
North Carolina. If North Carolina
school systems are to continue to reap
the benefits from their educational
experiences a more equitable system
must be adhered to. '
roy warns says flO
Executive Secretary of NAACP bbYbTJI
HOW MANY UNDERSTAND?
High School Is Not f nouoh
Fnrtv wan am the Mack man or wom-
rtth a Ugh school educafc
about make it. There were factory Jobs
in the neighborhood, in
and there was
moved from black neighborhoods to the sub-
urns. Automation nas uuten over many w
the labor jobs and the number of men need
ed to turn out products to meet the market
has dropped tremendously Ebony Maga-
Hopo For Tho Future
The real hope tor the future of blacks
lies now in what black adults can do for and
with young black", Kvi t Mac! organbu
tton should be working to keep Mar youth
m high school and steering them on to col
lege. This concern should include the i
ing the college careers of those who aspire
to be architects ana engineers, teacners ana
preachers, businessmen and social workers.
This is the only way that blacks can save
themselves and help their black brothers fat
other countries. AD the rapping in the world
won't do it Education and dedication are
the only way. Ebony Magazine.
en t. rational or
.T'-VSl" X'.- .Y7L rirl !
' maKes tsietn stop
t . i '
To Be Equal
by Vernon E. Jordan, Jr.
National Director of Urban league
mm
mi waw.
ATLANTA IS SHOWING
POLITICAL MATURITY
Many Negro Americans wonder, in spite of
the voluntary and involuntary ciam courses in
race relations in every state, just how many
white Americans really understand the civil
rights struggle.
How many understand the impassioned talk
about denial of rights which wells r up,
willy-nilly from black people in any
Mack-white argument? Not many. Those
whites who at least listen have their own
explanations.
Others are impatient because the
cold-blooded violence of some young blacks
turns them o
their ears and lift their vt
ck.
The terrible torch murder of a white young
woman in Boston is a case in point. Black
people ought, to repeatedly condemn this act
because , whether they do so or not, the burning
will be in die mmdsof millions of whites in any
confrontation anywhere in the land.
The killing of a policeman is another case in
point, Muggings and terror and insults and
robbery on the bus or subway train are other
cases that make for millions of anti-black votes.
Arguments to the deaths by knife or gun over a
quarter or a dollar also make people anti-black.
Most white people, like people everywhere,
brush aside the talk about Negro constitutional
rights until their own personal rights are
endangered. Those directly threatened would
seem to be possible recruits for the forces of
civil rights. The average white American has had
tittle or no personal experience that persuades'
Mm to symj t ght of the black
I've known Atlanta's new mayor-elect,
Maynard Jackson, since the days when we both
attended the segregated David T. Howard High
School in Atlanta, a school whose textbooks
were hand-me-downs from white schools that
discarded them, school that for a long time had
no gym, a school whose black students were
often bused past half -empty all-white schools
Maynard and I were in die school band
together - I played trumpet, he played
trombone. Now he seems to be play ing the right
kind of music for Atlantans, who just elected ,
him the first black mayor of a major southern
dir in an election that has national
n the Atlanta
election are many, but perhaps the most
immediately significant is the sophistication
and jaaturky of Atlantans in general and black
voters in particular.
Jackson's opponent went all out in a
that appealed to the hidden racism of
people. He tried to tie Jackson to a more
at black, Hosea Williams, running for
counciT president, and took out scare ads in the
flftUta is t)0
sbb)Ib? fcsBpdfijs ijcfi dciflns learned ,
tlsaV 4proch backfired. In s city vhoe
population it evenly divided betweenblacks and
everyone's part in keeping racial hatred out of
the picture. Jackson got over 20 percent of the
white vote and might have gotten more if Us
t had not had a record and reputation
The large number of whites voting for
Jackson was a hjartenhig hdtoatioa of the
dry's political maturity, bat even more
iaspteaafoe was the Mack vote. As expected, it
went owwhelmingty for Jackson, a qualified,
popular Hack candidate. But black voters
sjjjaaj their hsVpsaofnrr of racial factors in
the election for city council president. Over
thirty percent voted for a white liberal with a
reputation for racial fairness, deserting a black .
candidate in the process, so many blacks voted
l split-ticket and brought an integrated team
into Oty Hall. In one majority black
councilmanic district, a progressive white
minister won over a popular black candidate
and both men kept race out of their campaign.
Thus, we see a remarkable example of
political sophistication at work among black
people who, let us not forget, were barred from
voting throughout much of the South until
only eight short years ago. In the first round of
voting, blacks rejected another Mack candidate
they saw as a "spoiler" to split their votes to
back an integrated city government that has a
black mayor, a white council president and a
city council evenly divided among the races, 9
and 9. .
So Atlanta can be said to be the first
American city that is truly bi-racial in its
government and in its civic life. Hopefully, the
Atlanta example will be the model for the
nation, instead of the polarizing, hate-filled
caajpeigns and results too common elsewhere.
The hallmark of Jackson's campaign and of
hi. plans for the city is Ms concern for
integrated solutions to the problems facing
Atlantans, solutions that benefit whites and
blacks alike. His victory was based on
community-wide support of both races and the
team mat campaigned for him was fuHy
integrated, as well.
So the new mayor-elect comes to office With
a huge debt to the common people of the city, a
gut commitment to integrated approaches to
city government, and a heritage of puMic
service. His grandfather, John Wesley Dobbs,
was a pioneer in black politics in Georgia and
helped organize the Georgia Voters League and
the Atlanta Negro Voters League, and his
father, Dr. Maynard H. Jackson , was a leading
Atlanta minister and teacher.
So the new mayor has not only a deep
commitment to die city andits people, but to a
family tradition of service and excellence that
bodes well for the future. We wish him well.
A glimmer of understanding comes to the
white intellectual and a fuller appreciation to.
that small minority which sees something of the
sweep of American democracy. The Watergate
doings apparently had no effect, at the time, on
the principal actors. They were caught up in the
re-election of a President of the United States..
Many of them, regardless of their roles, were
Mindly convinced that the world depended on
that re-election.
No price was too great to pay, even if it meant
trampling underfoot the most sacred pledges of
individual liberty.
A member of the Watergate cast of characters
has said;
I have to say, however, in all honesty, that I
really' understood how it felt to be under
am, so tdj speak, with one 'sewn individual
rties at stJke. I now know what it feels like
and I doubt I would ever be very cavalier about
the rights of any one individual regardless of the
needs of the state or the majority. I suppose
blacks over the years have had a very special
sensitivity since so many have known the
experience of wondering if their own liberties
can be protected. . -
"If, in the end, some of us who may have the
opportunity to influence the course of affairs in
this country become a little more sensitive
about the life and liberties of each individual,
then perhaps it will have all been worthwhile. I
may have thought that I understood and
supported the civil rights movement before , but
I know now that I never really did..."
So, out of Watergate, which has meant a
sickness for the whole nation and certainly for
the President, could come a new appreciation
of the Negro American's fierce contention that
the constitutional cards are stacked against
him.
This putting him down on the broad
citizenship level 'low rates" him in all his
efforts in every locality - in employment, in
housing, hi schooling for his children. The
Macks may yet make a silk purse (civil rights
progress) out of a sow'sear (Watergate). '
P. LETTER TO THE jHfl
Too often we hear from
people who ought to know
better, in articles and speeches
reported in the mass media
that the civil rights movement
Is slowing down. It is being
argued there is a growing
disillusionment among civil
rights workers because the
advantages of the gains made in
civil rights legislation and court
decision, won mainly by the
political pressue and legal work
of the NAACP, are not
reflected in the economic
conditions of poor blacks in
the ghettoes. Sometimes it is
even claimed that the ghetto
Negroes are envious of the
more affluent Negroes who
have made economic gains, in
jobs and education for
example, from civil rights
legislation; and that the
affluent Negroes want to
separate themselves in turn
from the disadvantaged ghetto
blacks.
However, there are
important factors wMch are
helping to counteract that
situation in so far as it exists;
Most members of the NAACP,
and a few others, mainly Negro
trade unionists recognize that
the struggle against racial'
discrimination and against
economic exploitation are very
closely intertwined. They can
best be fought by cooperation
between black and white
organizations and individuals.
The NAACP, for example,
has added to Its program of
islatton for the
racially underprivileged,
support for economic
legislation for the financially
underprivileged. These
measures include batter social
security, particularly
government health Insurance to
provide part of their pay plus
medical and hospital cam for
those who cannot work
because of Illness or
non-Industrial accidents, higher
and more Inclusive Federal
minimum wage legislation
especially the effort made by
Congresswoman Shirley
Chlshoun to bring domestic
workers under the protection
of Federal labor legislation. (A
bill which Nixon vetoed.) The
NAACP also supports the right
of unions which do not
discriminate to get recognition
by a labor board election
instead of having to strike for
it, more public low rent
housing, more nearly adequate
public welfare relief, and more
money for food stamps to help
the diet of the poor. All these
measures help poor whites as
well as poor Negroes, although
Negroes suffer from poverty
more In proportion than do
whites. There is ground for
belief that poor whites will join
with poor blacks in an effort to
get these measures adopted;
and In a common political
effort both groups will get to
understand each other better,
and racial antagonism will
erode with this greater
understanding.
There is no conflict here
between more affluent
members of the black middle
dan and poor Negroes, since
black doctors, dentists,
lawyers, and ministers depend
overwhelmingly on poor
Negroes for their patients,
clients, and congregations. The
same Is true of black teachers
and professors, although to a
lesser extent because of some
real progress wMch has been
made In school Integration
among faculty as well as
students, v
..,t Alfred Baker Lewis
Congressman
Hawkins
Column . '!
By REP. AUGUSTUS F. HAWKINS T
r jS IbBM
BB) Jh.'WmT
Cosily Medical Care
.re aware of the high cost of medical care, but
re etctTltel, American, paid billion dollar.
billion dollars or more, SCuTST
13 years Medical care of all kinds k ibout SMO per
, ..... .... m . care system,
fTTkS Population rican. about 181.8
minion ham Mime form o
SlCS OF - ' -'very system,
which s essent lo practice" system, charge that it costs
S muSef ficLt, over duplicates service., and is wasteful of
rKnTol 3S American medical care are the
wSirS HMOsor Health Maintenance Organition..
S-onenstop health care" programs, which have doubled in
the Ust three years, provide for a fixed f , m advance,
all the medical care a family may need in a year, under one roof,
Sing one telephone number, a 24 hours a day seven days .week
N American, are recei care today; it
is estimated that this figure will double to ttnumonwitiun the next
Pioaki fee. for HMO member, are no higher than premium,
charged by Blue Cross - Blue Shield, or by iiideinnity imurance
CTugnco"ts - generally a high item expense in medical care -tend,
to be lower for HMO members, according to HMO
authorities. In Seattle, Washington for example, where a major
HMO of 86,000 member, is located, in one year the average ouUay
for drug, for that specific HMO, was 18.80 per member, as against
$16 a family for the U.S. population as a whole for tfie same year.
A KEY TO THE GROWTH of HMO'S is the emphas.s on
preventive care end the early detection and treatment of iUims -which
has also resulted in lower health care cort.. Bjscause of this
emphasis, HMO member, spend le time in Ore hospital, thus
cutting down on the fastest-rising part of medical casts.
Last year, the Congress, recognising the need for more and
better health care for Americans, voted to allow people over 85
years of age to Join HMO's and have their fees paid to part by
Medicare. A potential of 20 million senior citizens have been
therefore affected by this legislation. n
There is evidence that the Congress, which has provided finan
cial and technical assistance to HMO', on a trial basis since 1971, i.
now prepared to further encourage HMO growth. The Senate has
passed a HMO BiU, authorising W million over three years. The
House bill, more modest, authorizes $240 million over a five year
period. The two versions still must be reconciled.
The projection however, is that in I960, 90 percent of the
population will have access to at least one pre-paid HMO group. In
that year, it is estimated that some 40 million Americans will be
pre-paying their medical bill..
In any event, the winner, will be the American people.
YES, WE
ALL TALK
By
Marcus H. Boulware, Ph.D.
-
Making
e
OFTEN ONE will want to
include in outline quotation.,
figure., etc., in complete
written form. Your listeners
will appreciate such brief in
terludes, and your speech will
gain authenticity. Christ
himself spoke parable, so as to
make Divine Truth understood
by everyone.
The outline should have a
beginning, a middle, and an
end. So doe. the speech, and yet
this requires a good deal of
conscious attention.
READERS: For my pam
phlet on Stage Fright, rend two
8-cent stamp, and a long, self
addressed business envelope to
M.H. Boulware, Florida AAM
University, Box 193,
Tallahassee, Florida - 32307.
In making a speech, the
speaker should consider
making a plan or outline. An
outline i. a moat suitable
device- If the speech is long
(fifteen minutes or more), an
outline is almost a necessity.' If
the speech is brief (two to ten
minutes,) the outline is still
desirable.
The outline should contain the
main point, of your speech, yet
it should not be too detailed or
you may become more in
terested in following your
outline than in paying attention
(o your audience. Your outline
is your central line of argument
or explanation, sketched very
roughly. It i. a reminder of
what come. next. It should not
be a oomDletelv written speech.
Agnew's Fight
Generally speaking, the press hasn't been unkind to Vice
President Spiro Agnew in his current dilemma. A few re
porters aired leaks, which were unfair, consisting of charges
and claims unproven and unanswered.
But the press as a whole (and television) has been more
restrained than it was with the President. For some time
every liberal commentator and columnist and many others
assumed the President guilty and many demanded his res
ignation. The President, however, appointed a Democrat as special
prosecutor to investigate Watergate scandals. He admitted
being partly responsible, pledged to help clean up the po
litical systems, though he insisted all along he didn't know
of the Watergate break in before it occurred; numerous wit
nesses have since supported this claim.
Mr. Agnew has largely addressed himself to the process
by which he is being investigated, not to specific charges
of accepting sums of money from Maryland contractors over
the years. If he did that, whether the process by which he
is investigated is fair or not, he is in very serious trouble
with most Americans.
That sort of political payola exists, and some consider
it acceptable. Without pre -judging the Vice President, who
should have a fair chance todefend himself before assumed
guilty, if the charges against him are substantiated, that
is the primary issue involved, not leaks to the press.
(Pit
P. O. SOX Mi
DURHAM. NORTH CAROLINA 8781
I & AUSTTN '
EdPublisber 1927-1671
J BLWOOO 41A.ICTER . Advertising Manaaef'
8fcond CHass Postage Paid at Durham, N. C. 27708 !
BUBKKOPnOti RATES
United States and Canada l Year $8.00
United States and Canada 2 Yean $11.00
KMifn i3oftttrlM ..iy 1 Year $7.60;
Single Copy 20 Cents!
Principal Office Located at 436 East Pettigrew Street i
j'' " ttahaca. North Carolina 17701 i
BE CAREFUL
Beware of leads to
unexpected inheritances.
Gypsters have collected
millions of dollars in fake
"expenses" by leading
people to believe they can
inherit money from
nutates of distant rel
atives, caution extension
home management spe
cialist. North Carolina
State University.
PLANTING BULBS
Planting bulbs this
fall? If so, here's a Up
from North Carolina
Stats University exten
sion specialists that may
help: In loose, sandy
soil, plant bulbs three to
four inches deeper than
the depths recommended
for heavier soils. Plant
them the recommended
distance apart to allow
room to develop new
offshoots.
Art
Tobacco in its
freshly-cured state Is not
suitable for manufactur
ing purposes. Aging is
required to complete
chemical changes to give
fr improved aroma and
flavor.
ehJtlsj9j8J8i
Sat, Her. 10, 1973
Life
Begin
It
62
By George Ruas Wj.
The loud crash Miss Madie had heard was book, falling out of a
small bookshelf attached to the wall. The blue-painted egg-crate,
with two shelves, was the craftsmanship of "Charlie-Boy," one of
Miss Faithy Hart's sons. The Harts lived In the Circle when the
four-bedroon apartments were located. All ten of the children and
their mother lived in apartment 28-H. How they got along was
none of Miss Maide's business, therefore, she made no inquiries
about Miss Faithy and her brood; but, she had taken a likeness to
Charlie-Boy and they sort of swapped gifts for services rendered.
He should mop and wax the kitchen each week and for this service,
she gave him breakfast and a brown-bag lunch each school day. The
bookshelf was a token of Charlie-Boy', high esteem for her. An
extra for all the nice thing, she had done for him during the year.
And while she stood, trying to figure out why the books had fallen,
suddenly recognized the crouching figure beside her
platform-rocker. Her first impulse was to scream for help; but,
upon second thought, she decided to make sure that help was
"Mister Ben, in the name of God, what is you doing piled up on
th' floor like a tatorhUI?"
The stack of bones, covered with a white nightshirt, began
shaking, with subdued laughter, like a leaf in a gale storm.
"I betcha-ah-fat, man you'd better git-off-of that cold floor,
And while I'm gathering man wits, will you tell me how come man
books outah th' book case and scattered on th' floor?"
Ben Pratt stood up, gathered the nightshirt up around his waist;
then he began marching around the room, chanting a limerick
ON STRIP MINING f
The Senate has voted to
ban strip mining for coal on
millions of acres of home
Steaded land in the West on
which the federal government
owns mineral rights.
TO REPRESENT U.S.
President Nixon has named
former secretary of the Army
Stanley R. Resor as chief
negotiator for mutual troop
reduction in Europe. Resor
will carry the rank of ambas
sador in the talks.
FUEL RATIONING
President Nixon has or
dered rationing of whole
sale home heating oil and
propane gas to assure even
distribution to homes, hos
pitals, farmers and other pri
ority users.
CONSOLIDATED REPORT OF CONDITION OF
MECHANICS & FARMERS
of Durham in the State of North Carolina and Domestic Subsidiaries
at the close of business on (XTTOBER 17, 1978
ASSETS
$ 2,496,932.54
2,975,759.12
Ti
Cash and due from banks
U.S. Treasury securities
Obligations of other U. S. Government
agencies and corporations
Obligations of States and political subdivision .
Other securities
Federal funds sold and securities purchased
under agreements to resell
Other Loans . . .
Bank premises, furniture and fixtures, and other
assets representing bank premises
Real estate owned other than bank premises .
Other assets 4 . . v . . . . . .
IIABHJT
7,125,235.03
6,989,475.09
15,033.17
5,600,000.00
. 12,112,312.33
844,868.77
10,212.35
320,568.50
THE CAROIJNA
Ask me no question-anil tell you no lies- give me some peaches
'n ah'll make you some pies.
Ben Pratt stood up, gathered the nightshirt up around his waist;
then he began marching around the room, chanting a limerick
Ask me no questions -ah'l! tell you no lies give me some peaches
'n ah'll make you some pies.
Miss Madie wanted to burst into laughter, but she restrained the
reckless urge. There was nothing really funny about an old, sick
man showing off his nakedness. Besides, she recalled an omen that
granny Hagar had always associated with sick folk showing off
their nakedness. However, she could not refrain from saying in a
you oughtah be ashamed of yourself tone of voice; "put your gown
fwstnrl don't need no seven year, of bad-luck. And when he
came within arm reach of her, die gently placed her arm around his
waist and steered him toward his rumpled bed. She said, "ah've
n bucket, of chitterlings straighter than your bed."
Ben chuckled, "ah won't be round much longer to worry you,
Miss Madie Perkins."
Mitt Madie's eyes quickened to tears; "you must have women
folk, teeth th' way you run off at th' mouth;" she teased.
Mister Ben grunted, "Ugh!"
Mis. Madie gently tucked her patient in bed, and began picking
up the books; she was curious as to what he had been doing to
up-set the books and she might have gone into detafls, but a loud
knock on the front door stopped her inquiry. Dropping what she
doing, she made a bee-line for the front door. She hurried
toward the door as though she knew who her caller was. And she
opened the door without the customary precautionary measure she
usually took, after dark, by asking; "who is it?"
The doorway framed Jeff Boynns handsome posture.
"Jeffery Alexander Boykins!" She screamed.
"In the flesh," he answered sheepishly.
"Well! what storm blowed you my way?" Miss Madie wanted to
acorn him--" cuss him until he was black 'n blue," but her tickled,
weakbrain was saying one thing, while her heart and tongue were
reshaping her negatives, "come in 'n set-ah-spell. I could use some
company-for-ah -change.
Jeff brushed past her quickly; so quickly, quietly and stealthily
that she was reminded of a cat; but, she demurred patronizingly;
stand right still until I get some lights on. Have you had your
supper yet?"
"Nice of you to aSk, but no thank you. 1 came by to tell you
something before Sheila Hayes beats me to the punch. How's your
patient?" J
"Have-ah-seat Miss Madie answered.
"You know! You have been talking to her."
"Talking to who?"
"Sheila Hayes."
Miss Madie made no reply.
"I know things look bad for me, but I can show you a clean
bill-of health if you'll hear me out." JefTs tone was pieaoing
"No need to burn down a whole barn to get one rat." Miss
Madie's face beamed with a smile. She wasn't playing cat and
mouse with him, she was really happy to have him here so near to
her.
"Then you are not mad with me!" Jeff blurted out boyishly
"You won't regret your thought tuiimss
Mitt Madie signed profusely; "Jeff, I have no right to hold
anything against you because I don't know, personally, of one
wicked thing you're guilty of. You're-ah-nice man, tar as
know-and -I forgive you, Jeff-but I tell you here 'n now, I have no
intention of ever marrying you
What! Jeff yelled. -Continued
Q - I was just
from service where I worked hs
a medical laboratory How do I
go shoot getting a similar job
with the Veteran.
Administration?
A - Contact the personnel
office of the nearest VA
hospital for information on
employment opportunities at
the agency', hospital, and
dink.. You may qualify for a
Veterans Readjustment Act
appointment, which would
the
sMttel
Service appointments
Q I'm thinking of going to
school under the GI BUL WW
the Veterans Administration
pay me education aanatanee to
attend any school, or pursue
any course?
A - Not quite. In order to
receive VA aatkeance the
course or program must not be
barred by law, and must lead
to a recognized educational,
professional or vocational
2aMMBm Aita sea aetutol voa
atst9 Approving Agency
th.? mL'-m ST ear I
purchased four years ago with
S grant from the Veterans
AdaakaMrsUoe mt9
mm 1
va reel see tMf
it
Yss. VA sine
of PL 91-666 in
January 1971 has been
aoihOtiscd to repair or replace
adaptive equipment for i
service disable vets
Suggest you apply to
regional VA office.
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One of the nicest things
you can do for a good friend is
introduce him to another
good friend.
Charter. . . made just right to
give it the kind of smoothness a
bourbon drinker really appreciates.
OLD CHARTER
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The smoothest Kentucky Bourbon you'll ever know.
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46 I
V-JePI
971,765.87
Demand deposits of individuals, partnerships,
and corporations 11,913,258.35
Time and savings deposits of individuals, partnerships,
and corporations . 16,932,285.55
Deposits of United States Government 1,564,813.51
Deposits of States and political subdivisions 3,1 69,704.04
Certified and officers' checks, etc
TOTAL DEPOSITS ....... $34,551,827.32
(a)Total demand deposits . 15,107,195.23
(b)Total time and savings
, deposits .$19,444,632.09
Mortsaae indebtedness
Other liabilities 410,?5H?
TOTAL LIABILITIES 835. 1 74,422,70
MINORITY INTEREST IN CONSOLIDATED
SUBSIDIARIES
212,543.88
RESERVES ON LOANS AND SECURID
....... 169,706.29
Reserve for bad debts losses on loans . . . . . . , . .
Reserves on securities .........
TOTAL RESERVES ON LOANS AND SECURITIES
CAPITAL ACCOUNTS
Capital notes and debentures .... . .......
Equity capital, total
Common stock-total par value . ,. ...
(No. shares authorized 200,000)
(No. shares outstanding 138,01 8)
Surplus . ..... .
Undivided profits . . . . .
Reserve for contingencies and other capital reserves
TOTAL CAPITAL ACCOUNTS . . . . . . . . . .
TOTAL LIABILITIES, RESERVES, AND
CAPITAL ACCOUNTS . ..
'$T . MEMORANDA :"
Average of total deposits for the 1 5 calendar
days ending with call date .
Average of total loans for the 1 5 calendar
days ending with call date ... . .
1,500.00
SJ71.2Qfi.29
680,000.00
2-441-156.25
690,090.00
1,277,782.00
423,284.25
5Q.QW0Q
38,490,396.90
34,507,152.27
17,446,544.33
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Total deposits of the State of N. C. or any
official thereof . . .. . $995,441.00
I, J. B. Anglin, Jr., Comptroller of the above-named bank, do
solemnly swear that this report of condition is true and correct, to
the best of my knowledge and belief.
.'!. vMlljlOLIN JR,
State of North Carolina, County of Durham, ss:
Sworn to and subscribed before me this 2nd
day of November, 1973, and I hereby certify
that I am not an officer or director of this bank.
My commission expires December 10, 1974,
Josephine S. Strayhome, Notary Public.
Correct - Attest:
W. J. Kennedy, Jr.
J. R Wheeler
t'w:.9mmrt''
Directors
HolpirtK younKstors and adults
find their way around tho kitchen is
one wuy we lend a friendly hand to our
nviKhlMirhmKl.
Our business, of i-omse, is to
IMmvide electricity, llut our purpnau is
to help iwople. -.1
We do it in many different wuys.
Teaching lomoiTiw's homemukei's to
conserve electrk'ity is just one
example. '
We also s1kw our fann neihl)oi-s
how to produce moiv economkully. We
help to protect the envirtmment. We
create IxHiting. fishing and m-reution
ui-eas for you and your nunily. Aral we
take urt in htuulreds of civic ami
chuintuhleKnu)K.
These activities are important to us.
Bemuse this is oiu nehuorbutxl, too.
Most of us Krew up here, and we
know the iieople. That's why senriSff
you doesn't reully seem bice WiC'
"a's more like helping a nethbur.
J DuteFfier IA'.y
Yaat friendly, neighborhood power company