Newspapers / The Alamance Gleaner (Graham, … / May 2, 1946, edition 1 / Page 4
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THEGLEANER1 GRAHAM, N. C, MAY 2. 1946 ISSUED EVERY THURSDAY J. I'. KKRNODLE, JR., Manager >1 00 A YEAR IN ADVANCE Er ercd at the P?.i?to?flce at Gtatoam, N. C., as sectuU-claaa matu r. LOOKING AHEAD GEORGE 1 BENSON fralditt?XtrilBf Ctllcft j | Stuff. Jrtdtltl Sane Men Early in March, national press wires carried a story from Wash ington to the farthest comers of the ! country, about 16 members of Con- , gress who said they thought the national budget should and could be balanced. They were half-and-half senators and representatives. Seven were Democrats and nine were Re publicans and they made it plain by signing a written statement. They are: SENATE HOUSE Byrd Co* Bridges Doughton Taft HaUeck Tydings Knutson Vandenberg Martin Walsh Taber Wherry Whittington White Woodruff My hat is off to these realistic statesmen. I hope their ranks soon embrace the entire Congress. Our Debts are Huge America's next chance to have a balanced budget will be in the fiscal year of 1947. It starts July 1, 1946 and ends June 30, 1947. The United States is already In debt for every thing it has. This does not mean all the country is worth, but it doer mean an amount equivalent to the value of everything the people of this na tion have saved since their ancestors Ktarfprl Kavinir The national debt is 280 billion dollars. That figure approximates the value of all the farms and farm improvements in the country, all the city real estate and city im provements, all the manufacturing plants in the nation, all the bank accounts, and all the insurance poli cies, all added up. Starting Over Again The United States stands now where some pioneer settler of colo nial days might have stood If his log cabin had burned with everything of food and clothing inside. Closer to home: The energetic young family man with two children, who has just finished paying for an $8,000 resi . dence, can depend on starting now to buy it all over again in taxes, paying no more than his rightful share of the national debt which is $2,000 per man, woman and child. Tax on this enormous debt will be a new, yearly expense for our gov ernment. It will be a big one too. interest on aeot atone wui cost Uncle Sam more than he ever raised by taxes in any single pre-war year. If there ever was a time when America's common people deserved a balanced budget so they could look frankly and boldly at the truth of debts and taxes, it is now. Fighting Has Ceased Thera are ways to start balancing the national budget and the sooner M starts the better. The war is over 1 and war bureaus can be reduced in size and cost. The number of fed eral employees can be cut mora than most of us imagine. Deficit spending (spending what we do not have) can be stopped also if we really set our heads to do it. By doing this we can save what we do have left. With all savings gone. ?e have something left. The settler whose cabin burned had his energy and his good name left. The home owner who must start buying all over again in taxes, still has his credit and a Job we hope. Just so the United States, with prestige among nations and a sound economy, has something left; something of value that must be preserved. JUNE IS THE MONTH FOR BRIDES Bridal shower parties will be In! full swing as the month of June arrives. vaiuaoie suggestions or wnat to servr at thew parties and otjier items of in- i tereet to feminine readers win beI found In the Mar 12th issue of THE AMERICAN WEEKLY Kuticsn Favorite Magazine With Tl?c Baltimore Sunday American Order From Your Newsdealer ^ ! NOTICE TO CREDITORS Having qualified aj Executrix ut Hie estate of J. VI Shaw, dseeased. late of Alamance County, North Caro lina. this la to notify all Persona hav Ling claims against the estate of said deceased to exhibit them to the under signed at Rotate 2. Burlington. North Carolina, on or before the ?Jta day of May. 1M7, or this Holies will be plead ed In bar of thMr recorgj, All persons Indebted to said estate will pleaae make Immediate payment This, the 17th day of ApitL 1HI. MRS. ALL ICE SHAW. Executrix of the estate of J. M. Shaw, deceaaed. Louis C. Atty. Lkl . , ? Your New Home Financing a Home Easier Now Than Ever Before in History By W. WADSWORTH WOOD AMERICANS have alwaya de aired comfort and aecurity for themselves and their children, and they are today in a better financial position to achieve j this goal, by means of home ownership, ' than ever before in the nation's history. Five years ago the average savings were less than $900 per family; in 1945 this figure stood at well ovjr $2,000. The fact is that today almost every one with a good job has the means to own his own home. Terms are now extremely favorable?you can take advantage of small down pay ments, long-term mortgages, and low monthly installments "like rent." In order to determine how much money you can afford to pay for a home, a rough thumb rule is to al low IVi to 2'i times your annual income, depending on your salary. Another method of calculating is to make your monthly payments for housing equal to one-quarter of your monthly income?this will show you how large a mortgage you can car ry. Although any thumb rule must be qualified according to individual circumstances, it is well to use one as a point of departure. After deciding on the home you want to buy or build, your first step is to consult a lending agency. There are a wide variety of these open to the prospective borrower Savings and Loan associations, Mortgage Correspondents of Insur ance companies, Savings Banks and Commercial Banks, Real Estate Brokers, etc. It is advisable to contact a num ber of sources, in order to deter mine which will offer the terms and services most suited to your needs. A good agency will not only arrange the financing of your mortgage, but its property appraisal and general advice will often prevent you from making a bad investment. The amount of down payment you must make will vary with the prop erty value and the soundness of the investment. Most lending agen cies are limited to the percentage of the purchase price which they can finance. Under FHA regulations, (or example, the maximum varies from 80 to 90 per cent, depending en the cost of the property. Your down payment will, therefore, usu ally be 10 to 20 per cent It you are asked to pay more, you may feel some hesitation about the advisa bility of purchasing that particular home, as there is a possibility it is overpriced. At present the most popular type of mortgage is the "fixed-payment amortization" kind. Let us sup pose that you borrow 80,000 at 44 per cent interest under this plan, for a period of 15 years. You will pay 845 90 each month, and at the end of this time you will own your home free and clear. In the beginning the largest part of each remittance is applied to in terest, but as the principal grows less the monthly interest payment dwindles, leaving a progressively greater portion of the $45.90 to be ap plied toward liquidation of the debt. Therefore, the final payment is al most completely on the principal. With this type of mortgage your re duction of the debt takes place at a constantly increasing tempo and in a minimum of time. [FREE! ? Ladies ? FREE! | Discuss with the lending agency the matter of "extras" in your con tract. Virtually every company re quires that you carry fire insurance and "extended coverage" on your house, and the premiums for these are included in your mortgage pay ments. However, in addition to these, you may also want to carry special life insurance, which in the event of your death can be used to pay off the mortgage. Or you may desire health insurance to cov er expenses while you are ill. The lender will frequently be glad to ar range these, as well as local tax costs for you, and include all charges in one series of payments. THE MOST "1MH6 OFFFR EVER MABE BY A HEWSPftrFR TO ITS SUBSCRIBERS! . ? ? ? THIS BFFimPUl BOX OF STATIC"*^ *** Rr vnuRS AS A FP?T RIFT! READ HOW TO GET IT! YOU MUST ACT NOW! OFFER UHITEU THREE WAYS TO WIN THIS BEAUTIFUL GIFT . . . t 1?Renew Your Subscription To THE ALAMANCE GLEANER For 1 Yeor! | 2?Pay One Year's BACK SUBSCRIPTION DUES! | 3?GET A FRIEND TO SUBSCRIBE FOR ONE YEAR! (All Subscriptions Are $1.00 Per Year In Advance) WHAT YOU GET BY TAKING ADVANTAGE OF THIS AMAZING OFFER TODAY: 1?A Regular $I.C0 BOX OF LOVELY STATIONERY! 2?One Year's Subscription To Ala mance County's OWN WEEKLY PAPER Published in Graham. 1 | |j[ Mi. THIS FOB ONLY S1.0Q ?ACT WOW! FILL IN ORDER BLANK TODAY and Bring or Mail To ALAMANCE i GLEANER, Graham, North Carolina. ADDRESS Please tun my subscription to THE GLEANER for I year. Find enclosed $1.00 for | ' a year's subscription. Also please mail my boa of stationery by return mail. NOTE: This Ottor Will Not Bo Repeated! Act Today! ALAMANCE COUNTY'S OLDEST NEWSPAPER ? lr Uncle Sam Says United States Savings Bonds, which are War Bonds with a peace time name, fight a new kind ot bat tle for too. They fight insecurity and the temptation to spend reck lessly. l!. S. Savings Bonds pay yon S4 for every $3 in "ten years. Should any real emergency arise, yon can have your money back quickly with my blessings and the accumulated interest. V. S. Treasury Dtfortm*m? L MATE OE NORTH CAROLINA 1K*|. iriiiH ut of Slate PRELIMINARY CERTIFICATE OF DISSOLUTION To All to Whom These Presents Ma^ Come? Greeting: WHEREAS, It appears to my satis faction, by duly authenticated record of the pre ecdiags\for the voluntary dissolution thereof by the unanimous consent of all the stockholders, * de posited In my office that the Tar Heei Motorcycle Club, Inc., a corporation of this State, whose principal office is i united at No st.reet In the Town of Graham, County of Ala I rnance, .State of North Carolina Kenneth Evans, Jr., being the agent therein and *n charge thereof, upon i whom process may be served), has [complied with the requiremen t of chapter 55. General Statutes, entitled Corporations," preliminary to the ls j suing of this Certificate of Dissolution: | Now Therefore, I, Thad Eure, Secre 1 tary of State of the State of North Carolina, do hereby certify that the said corporation did, on the 18th day of April, 1946, file in my office a duly executed and attested consent in writing to the dissolution of said corp oration. executed by all the stockhold ers thereof, which said consent and the record of the proceedings aforesaid are now on file in my said office as provided by law. In Testimony Whereof, I have here to set my hand and affixed my official seal at Raleigr. this 18th dafcr of April, j A. D . 1946, THAD EURE, Secretary of ' tate. (State of North Carolina) (8eal) Recorded In Corporation Book No, T, at page 6 IS. NOTICE TO CREDITORS Having qualified aa Executrix of the estate of J. L. Patlllo. diecoieert late of Alamance County, North Caro lina, this la to notify all person** h*(v locr claims against the eetate of aaid deceased to exhibit them to the under pinned. at Route 1. Mebt^ie, North Carolina, on or before the C.'h day of May 1947. or this notice will be plead ed in bar of their recovery. All persons indebted to said estate will please inake Immediate payment. This, the 27t*h day of April. 1946. MRS. EL LA B PATILLO Executrix of the estate of J. L. Patlllo. deceased Ix'uls C. Allen. Atty. ADMINISTRATR1XS' NOTICE Having qualified as Administratrix of the estate vt Mrs. A. P. York, late of Alamance County. North Carolina, this is to -.otify all pernors having claims .v;ainst said estate to present the same duly verified to he under signed on or before the L5th day of April, 1947. or this notice will be plead ed in bar of their recovery All persons indebted to said estate will please make immediate payment, the 19ih dav cf April, 1946. ALMA YORK THOMAS, Administratrix W. I. Ward. Atty. EXECUTRIX'S NOTICE Having Qualified as Executrix of the estate of Kate Compton. deceased late of Alamance Countyt North Caro lina, this 1* to notify all persons hav ing claims against the sail estate to exhibit them duly verified, to ?he un dersigned at 128 Parker street. Gra ham, X. C.. on or before the 5th day of April. 1947, or this notice will be pleaded in bar cf their recovery. All persons Indebted to said estate will make prompt payment This, the 29th day March, 1946. MISS FLORENCE FOWLER. Executrix of the estate of Kate Compton, deceased. ADMINISTRATRIX'S NOTICE Having qualified as ^UministraU*!:: of the estate of Otho Frank Ha; ley. this is to notify ail rersons having claims & gains? said estate to present the same duly verified to the under signed before tlie 9th day of April, 1947, or this notice will b?? pleaded' in bar of their recovery All persons indeb'ed to said estate I will please make immcdlsse p er.t This, the Is day of April, 1946, EVELYN M HATLEY, Administratrix. ?1. S. Cook, A L:y. EXECUTORS NOTICE Having qualified as Executor and Executrix of the esiato of Jos, F. Crawford, notice is hereby given all t.er,--. ns nuving a claim ag.tinst t' e es tate ? f said tedi&tor |?> j? MfI the san.t duly verified before the Ct-h day of April, 1147, or this ce will be pleaded m bar of tne'r reo every. 11 persons indebted to said es>tat3 will please make immediate payment This, whe 1st day of Ap<?!, 1946. CLARENCE MANN, Executor MYRTLE MANN, Executrix. J. S. Cook, Atiy. NOTICE Public Sale Of Real Property Under and pursuant to the order or the Superior Court of Alamance Coun ty as entered in that certain special proceeding entitled. M:*. Lillian 8tafi field Neese and others, vs. Jack Goiey Stanfleld and others,* your undersigned commissioner will offer for re-sale at Ddblic auction at iho Cr.i?rthnu?? door in Graham. North Carolina, on Monday, May lSth. 1946, at 12:00 o'clock, noon, the following describee re^i property to-wit: That certain tn^ct or parcel of land in Graham Township, Alamance coun ty. North Carolina, adjoining the lands of Melville 8trect and Travora Street, and others, and bounded and described as follows: Beginning at an iron stake, corner with the intersection of said Travora and Melville Streets: running thence N. S deg. 45 tnin. E. 61 feet to an iiVm stake in the Western margin of Mel ville Street and a corner with Lot 96; thence with the line of Lot 96 N. 86 deg. 81 mfn. W. 150 feet to an iron f>take in the Eastern inargrn of Lot 106; thence with the line of Lot 106 S. 3 deg. 45 min. W. 61 feet to an inon stake In the Northern margin of TVa rora Street, thence w ;h the Northern margin of lYavora Street 8 86 deg. 31 mln. E. 150 feet to t?.? po.nt of begin ning and being all of Lot 95 of the subdivision of Travora Manufacturing I Company Mill No. 1 properties, as j made by W- T. Hall, C, E.. plat of 1 which is recorded in the Office of Reg ister of Deeds for Alamance County In Plat Book 1 at page 1 S3. This conveyance Is mad'* subject to ill rights of way anj easements now outstanding for the use and mainten ance of water tinea, sever Unea. elec- ' trie power lines, telephone lines, pub lic roadways or other easements that may be over, across, -.nder or upon said landsL and all warranties herein made are made subject to said ease ments. The above described property Is con veyed subject to the resodction and re servation that no storo building, fill ing station or other business property shall be erected or maintained thereon for a period of fifteen yours ffloni the date of this deed. The above described real property is the homeplace of tho if.te W. L. Stanfield and, is a dosiraoie cottage well located in the n?t?l tillage of Tra vora in the Town of Graham, North Carolina. Said property is being sold sun- | ject to advance bids and oonfirmation of the Court, and the purchaser will be required to pay ten (10) per cent of his bid and to pay at least one-half (% ) of his bid upon confirmation, and , the balance within six ( o ) months, de ferred payment to bear interest at six (6) per cent and title to be re tained until the entire put chase price I is paid. I T.MJI ?,?11 K??in a* t? ?25.00 DIUUIUfi MCO'" ?l T This, Hie 27th day of April, 1946. GEORGE A. LONG. Commissioner. NOTICE SUMMONS BY PUBLICATION north carolina UjAMANCE county. in the superior court Alamance County, Plaintiff, v?. Edgar Isley, Arthur Isley and ^wife Mrs. Arthur Isley; Alithia Isley Murphy and husband. John Doe Murphy, Defendants. The defendants, Edgar Isley, Arth ur Isley aiid wife, Mrs. Arthur Isley; Alithia Isley Murphy arid husband. John Doe Murphy, will take no tice that an action entitled a^. above has been: commenced in the Superior Court of Alamance County, North Carolina, for the purpose of foreclosing property tac liens in favor of the plaintiff, Alamance County, for the years 1930 to 1945, inclusive, upon a tract of land in Graham Town ship, Alamance Counry, North Caro lina, adjoining "Washington street, and others, and being Lot No. 3, of the dl vuJon of the Monroe Harden lands, be longing to the above named and de scribed defendants, and in. which the said named and described defendants have or claim some interest the pur pose of the action being to foreclose property tax lienfe held by the plaintiff against the property mentioned above and described in the complaint, free and clear of any interest of said defen dants, the defendants having or claim ing some interest therein; and the above named and described defendants will further take notice that they are required to appear at the Office of the Clerk of the Superior Court of Ala mance County, at the Courthouse In Graham, North Carolina, on the 29th day olf May. 1946. and answer or de mur to the complaint filed herein; or the plaintiff will apply to the Court for rhe relief demanded in' the complaint. This, ihe 29th day of April, 1946. P. I?. WILLIAMSON Clerk of Superior Court. Louis C. Allen. Atty. NOTICE SUMMONS BY PUBLICATION NORTH CAROLINA ALAMANCE COUNTY. IN THE GENERAL CCtTNTY CC URT Mrs. Estelle Brown - v. - nowara trcpwn The defendant above named will i take notice that an action entitled as above has been commenced in the General County Court of Alamance County, North Carolina, for divorce; ana the said defendant will further take notice that he Is required to ap pear befcre the Clerk of the General County Court of Alamance County, at his office in Graham, Nurth Carolina, before the 30th day of May, 1946, and answer or d*muiL to the complaint In said action' or the plaintiff will apply to the Court for the relief demanded in said complaint. This, ihe 9th day of April. 194Ji. SARA MURRAY, Ajfit Clerk of General County Court. .? J. Henderson, Atty. Notice of Sale! By virtue of a judgment nndc- an.l entered ir? an action in the Superior ccsn of \lamanct County, North Carolina erf tied Alamance County, Plaintiff vs. Lee Neally and wife, Ione Neatly, the undersigned Commissioner will, on Saturday. May 4th. 1944, at 11 o'clock, a. m., at the Courthouse door in Graham, North Carolina, sell at public auction to the highest bidder for cash, the prop erty described as follows: ?j ty of Alamanfce, and in State of North Carolina, in Burlington Towntehip, ad jointlng the lands of Dock Nix, Eddie Evans, and John Crisp aiid uthere, and hounded as follows, viz: Beginning at an iron stake, a coi ner with Syhrar.er Murray, In Dock Nix line; thence North 83Mi deg. W. 50 feet to an iron stake, cornter with Eddie Evans; thence South 3% deg E. 95 feet to an iron stake in Jonn Crisp line, thence South 83 deg, E. 50 feet an iron' stake in Charlie Cook line, a corner with Sylvester Murray; thence North 1% deg. W 95 feet to the begin ning, containing 4,750 square feet. The purchaser will be required to de posit ten per cent of his bid when the same is knocked down to him, and the balance upon confirmation. This, the 29th day of March, 1916. LOUIS C. ALLEN. Commissioner NOT I C B SI MMONS BY PUBL1CATiOiN NORTH CAROLINA ALAMANCE COUNTY. ?N THE GENERAL GUt/NT* COURT George W. Shambley, Jr., Plaintiff, - </k ? Frances E. Shanibley. Defendant. The defendant, Frances E. Shambley will lake notice that an action entitled ?'-s above has tec i commenced in lhe General Coupty < * uri of Ala mance County. North Carolina, for the nnrnnso r\f cocnrirc a /I i vp ohanlilta cm the grounds of two years separation an(d the said defendant will take notice that she is required to appear at the Office of .he Clerk ? f the General County Court of Alain .nee County at the Courthouse In ?ru*.am, North Carolina, not later than thir.y cays from the date hereof.and anspver or demur to the complaint of the plain- ? Jff filed in said cause, or the plair-tiff will apply to the court for the relief demanded in said complaint. 'Ijhis. the 25th day of April, 1946. F. L. WILLIAMSON, Clerk of the General County Courn W. L. Shoffner, Any. iNOTICHi SERVICE BY PUBLICATION NORTH CAROLINA. ALAMANCE COUNTY IN THE GENERAL COUNTY COURT .vuhrey L. Massey. - V* - Elizabeth Watson? Ma&sey. The defendant, Elizabeth Watson Massey. will take notice thai an action entitled as above has been instituted in the General Count:- Court of Ala mance County, North Carolina, it be ing an action brought by the pla^i liff against the defendant for abso lute divorce on the grounds of ad?iltry; that the defendant' is a non-resident of the State of North Carolina, and the plaintiff is a resi ent and domiciled in the State of North Carolina, and this is one of the causes of action in which service or summons may be mad3 by publication as provided bv law. The defendant will further take notice that she is requir ed to appear at the Office of the Clerk of the Superior Court, ex-ofiicio clerk of the General County Court of Ala mance Counu, Ndrth. Carolina, hi the Corrthousin Graham \ ?*.. within twenty days from and after the 25th day of May, 2 946. and answer or demui to the complaint ir. said actio;* or the plaintiff will apply "c the Court for the relief demands! in the com plaint. This, the 25th day of ApUl, 1946. F. I?. WILLIAMSON Clerk Superior Court ana Kx-officio Clerk of the General County Court of AlamanceCounty, North Carolina. Robt. T. Wilson, Atty. NOTICE jUMMONS BY PUBLIC VrfGN NORTH CAROLINA AI.AMANCE COUNTY. IN THE GENERAL COUNTY COURT Sam P. Harris* Plaintiff, ?* VW Joella Harris, Defendant. The defendant, Joella Harris will take notice that on action entitled is above has been commenced in the [leneral County Court of Alamance bounty, North Carolina, fur the pur pose of securing a divorce absolute on he grounds of two years separation; ind that the said defendant will take notice that she is required to appear at he office of the Clerk <*f :he General :ounty Court of Alar.vmct County, it the Courthouse in Graham, North -arolina. not later tban twenty (20) laj-s after the 16th day c< May, 1046. tnd answer or demur to th complaint of he plaintiff In said ca'use, or the plain ;iff will apply to the Court for the re let demanded In said complaint. *1 in said complaint. litis, the 10th day of April. 1946 SARA MURRT Asst. Clerk General County Court \ C. Cates, Jr. Atty.
The Alamance Gleaner (Graham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 2, 1946, edition 1
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