North Carolina Newspapers

i Served'■ By* "«* - pjiy . unnec««S8ary Indebtedness wfth resulting interest. After K farmers application Is receired, bis financial statement wlir is checked and the property of- ition With Head quarters In City By T. W. F®RGU80N he 1»34 croj) season gn -the oeglnnlng of a better T ,^rs”fa?mlng by means of C|. 4‘ I I I I; '4y * . tt.. Regulations about Inspeo- . «ke«on credit be changed as required by the ng o^n “ . . .j production credit corporation. Farm Credit Administration 4„.™-nnT, „ .Usually no charge for inspection “•d‘rr‘^“s.du *d«..-!-"^ »•*' • '■>•" '•»« Idbittea the land banks will con- j flHe to make long-term real es- If the report of the Ins^ctor Me mortgage loans: but the ad- ’ Is satisfactory and the loan is ap- Maistration is also providing a I proved by the loan committee of ■mg needed 'system of short-term gaodnction credit for farmers— •BBS to be used for producing the association, the farmers note is endorsed" In the name of the association, and sent, along with «opa and livestock and repaid at: his credit statement and chattel Me end of the season. This is an | mortgage, to the intermediate Mtfrety new service for farmers;. credH bank of Columbia. If the and it is designed to be perma- bank approves the credit state- i ment and the security, it makes Farmers In this locality will be i funds available to the association aorved by the Wllkesboro Produc- i and the association sends a check tk>n Credit Association which was to the borrower immediately. lAartered on Jan. 8th, 1934, to!. Each association is carUallzed aerve producers in Wilkes. Wa-! according to the credl i.ee ® lauga. Caldwell. Ashe. .Mleganey. Surry and TTadkln About four or five counties is the i by the production credit corpor- average size of an association.' atlon of Columbia and this en- no fixed number of ables the association to begin the territory it will ser e. Most couiitlVs. of the capital stock is purchased making loans immediately. Funds derived from the sale of stock to Thure la opunties standard for all associ- sdfiaas. but each must Include , . aaongh territory to give a volume the corporation are useJ by t e •f business sufficient to secure! local association to purchase high •mcient organization and low. grade collateral, chiefly Govern- «o0t of operation. The Wilkes-! ment bonds, which are placed boro Association was organized | «'lth the intermediate c -edlt bajik Ibrough the cooperation of rep- I to establish a line of credit, that leeentative farmers of the conn-'is. to get the back to discounty Sea Included, with the assistance ^ or lend money on. the notes of sf the Columbia Production Cor-! farmers which the association has pontion. There is one of these endorsed. Ordinarily •fkTPorations in each of the 12 •]^ bank districts in the coun- The local association will ob- niin loanable funds from the In- ^^ediate Credit Bank of Co lumbia, which will lend money the bank will discount well secured farm ers’ notes up to five times an as sociation’s capital. In this way an association may get all the credit it needs. The autnorized capital stock of •n, or discount, well secured the Wllkesboro Production Credit ■otes of farmers. .\11 of these in-' Association is $65,000.00. The ■tUutions are a part of the Farm Production Credit corporation Credit Administration. owns about three fourths of the A production credit association capital stock of an association, does not lend government money., The farmers who borrow from it own most of the remaining por- the Intermediate tion, each borrower being requlr- which sell short ed to own 5 per cent of the voting The funds that will be loaned are obtained by Credit Banks *rm bonds, or debentures, to the amount of his loan in ‘iivesting public. In other words stock in the association. Hie money Is being borrowed to ' ‘ A farmer who gets a loan from Leader Lions JohnvBarde^ Speaks To LO" cal Club On Tr^d Of ■Pedend Polidee NEW MEMBER RECEIVED Club Adopts Resolution Fav oring Court-Room In Post Office Here The purpose' of the national pro gram is not primarily to get the country out of the depression, but looks to the relief of social and .economic Ills in the futurci Rev. John Barclay, of Wilson, presid(ent of the 81st district of Lions club, declared in an address to the North Wilkesbo^o Lions Thursday even ing at Hotel Wilkes. The motive back of the Presi dent’s program was the theme of Mr. Barclay’s message. The pro- gtyn looks to & redistribution of the b&dqn of taxation and a more equitd^l distribution of the fruits of labdr^nd industry, the speaker said, vrt One of the chief aims of the present national program is to help all people, rather than a special few, Mr. Barclay told the Lions. This was Mr. Barclay’s first visit to the North Wilkesboro club since he became president of the district organization. Lions passed a resolution asking Congressman Walter Lambeth to use his influence to have a court room built in the nev/ postoffice building soon to be erecled here- A committee, composed of W. J. Bason, H- 'V. Wagoner and B. T. Henderson, was appointed to con fer with other civic organizatioOB relative to a community house project now under considieration. • ■ A delightful feature of the pro gram was the vocal numbers ren dered by Rev. and Mrs. Eugene Olive. Lion Jule Deans was the recipi ent of two gdfts at the meeting. The club gift was presented by Ivey Moore and W. H- Clark, manager of the J. C. Penney com pany store here, also presented a gift. The occasion was the first attendance of Lion Dean at a meeting since the birth of his daughter. Th«» Journal-Patriot conUnua^j''’ to reemye aomc- cratri- bations which are consigned to ^ the waste they j^ are anonymous. The name In the writer will not ’be publisho^ii with any hews article, but it is ; alMoIutely necessary that it be j signed. 41 . ' No matter how interesting the story or news, letter, it will not he accepted for publication un less the luuhe is sent along. All who have anything for publica tion are requested to keep thh in mind. GREENS SENTENCED TO DIE IN CHAIR FOR BANK KILLING ®A delightful banquet for pres ent and prospective Fisk tire deal' era was given in the private dining room of the Princess cafe Ttars- day evening by C. D- Coffey A Sons, wholesale distributors of Fisk products in western North Carolina. Thirty-two service station opera tors from different sections of the county were guests of the local firm. ' C. D. Cofffey A Sons have secur- £ ’Of the heW'jttat T3»e ' haw, pa: long beep recog: ^l^n J v6» of jFM known setlvB Damocf»U«.j*hd for 80 I ha most _ _ workere.- He has .been ehak^o of-th® of the-Wllfceaboro precinct'com-ffffed at New RoeSane.^i’; mlttee for thiPpaet two years after an UIbm 'of .vl and before moving to Wllkesboro, i weeks. he v^aa-chairmap of the local! On# of baseb^la moat committee for several years. ! ful charactwFS. 1 ^ committee also wont on, was ft shock to the world, oporto. ^ During hla_ Sfr ^Irs a» ager, be piloted ftae Oiaatf!%^ National l,eagae pennahts (Continued from page one) ment, however,'came after aev- throe world ehampiowhlpa. stand that the quartet tried to rob the bank. He said Btevenoff shot Barnes while he opened fire upon Little when the latter made a movement as If to draw a pistol. After the robbery, the Greens escaped and were not captured until a few days ago, when they were apprehended at Morristown. Tenn. They returned to the "state without resisting extradition. The elder Green, in his testi-i mony, apparently sought to In voke lenity for his son. Lester, he declared, was unarmed when they went to the bank, his task being to collect the money. Under Nprth Carolina law, a recommendation to mercy has no binding Influence. Its only weight is the possible Influence It would have upon the governor, who could extend clemency. Testimony Is Damaging The father, short of pleading jgullty to the crime of murder in ithe first degree, which North ’Carolina’s laws will not permit him to do, took every other known step toward the gaping arms of the electric chair. He admitted planning with the other participants In the robbery, Mike Stefanoft and his spn lu- law, R. E. Black, both of whom are now under sentence of death: rsMrd as endorsing the -candi dacy of J. A. Honssoeu, of this . .. .. , iiiClty, for the Democratic noml- ed the Vatribn^ agency for «M This endorse- Fuk products m .the westmm por tion of the state and the meeting Thursday evenbg was in th6 form of an announcement of this ftmt Addresses were made hy H. V- DeWitt, of Charlotte, zone niana- ger of the Fisk Tiro & Rubb^eom- pany, and George Doak, alsd of Charlotte, field representgi^e in this territory. A display of Fisk tires attracted considgrqble attention. Many of the service station ope rators told of the complete sat isfaction given by Fisk tires and expressed themselves as pleased to be able to handle them again. W. A. SYDNOR IS TAKEN BY DEATH AT HOME IN CITY (Continued from page one) est In church affairs until his last Illness. He naa oeen unable to attend church regularly during the last four years. He was married to Miss Mary Palmer In 1893 In Florida and to this union were born two chil dren, both of whom preceded him to the grave .several years ago. Surviving him are his wife, two brothers, E. B. and Stanley Syd- nor, of Richmond, Va.; three sis ters, Mrs. J. B. Spalnhour, of this city; Mrs. J. W. ’White, of Wll kesboro, and Mrs. R. B. Laffltte, he admitted looking over the j of Lloyd, Fla. bank on the day before and map ping out a path to make a get away; he admitted going to the bank with the three men armed with three pistols and two shot- W. N. Wood, assistant county intention of “get- le loaned to eligible farmers to the asi.sociation does not have to enable them to produce a sea- advance any money to pay for his son's crops. The association Is stock, as the purchase price may aot a charity institution; but a he included in the loan, one $5.U0 Susiness credit institution for .share being purchased as each business-minded farmers, purpose is to make loans The! $100.00 of the loan money Is ad- that vanced. The stock carries no dou- agent, was received into the club as a new member. The program was in charge of Attorney B. T. Henderson. BLAIR CHILDREN AND NEGRO GIRL DIE FROM BURNS (Continued from page one) termers can afford to use for a ble liability In any possible im- *ason’s operations, and which pairment of capital of the asso- will be repaid at the end of the elation and extends only to his season. It is a pay as you ao plan own stock holding, amounting to lor agriculture. Loans needed to buy work etock, fertilizers, seed, machin ery, and equipment, for purposes corporation is non •f dairy or poultry farming, or lor other expenses incurred for general agricultural purposes. ■ay be obtained from a produc tion credit association as con veniently as from any carefully managed bank. Most of the loans will run from $5.00 for every $100.00 or frac tion thereof .lorrowed. The stock purchased by the voting, but preferred as assets in case th? or ganization is liquidated. The vot ing stock is owned only by the borrowing farmers, each having only one vote in the association no matter what amount borrow ed or stock owned. Officers and a local oommittie It to 12 months, depending on the of each association are selected %Bgth of time required for grow- by the temporary board of direc- Aig and marketing the crop or, tors which was elected by the Avestock which the loan is made j charter members when the asso- Or produce. Loans lor crop rota- ] elation was organized. At the tttv production will usually raa-j first annual meeting of the vot- Imre in less than a year, although ; iug stock holders, that is, the loans such as those on dairy and farmer borrowers, a board of di breeding cattle may run lon.ger—'rectors will be elected, oonflrni- sp to eighteen months. j ing or replacing the temporary Applications for the.se short-1 board. Thus each borrower has ierm loans are handled in this. an equal chance of voting his ■territory by T. W. Fotguson, sec-i opinion as to the management of retary-treasurer. whose office is.tlie association. te the Bank of North Wilkesboro Building, Phone 286. .North Wil kesboro, N, C. ■At present loans from a pro- ; duction credit association carry i an interest rate of 6 per cent. Applications will be acted np-| charged on annual basis, that is, JB quickly when they give a clear j only for the actual time the loan Bnanclal statement of the appli-lls outstanding. A loan for six Mint’s farming condition, listing! months, for instance will carry «)I assets and liabilities, and es-!au interest charge of about $3 Mmating net worth. The applicant^on a hundred. The interest is not should name specifically the; collected until the loan is due. terming assets offered as security i The interest rate charged the Presbyterian cemetery. The many beautiful flowers were carried by members of Miss Louise 'Vyne's Thursday Club, Miss Grace Dean Forester’s Wed nesday Club and other friends of the family. Active pallbearers were: Wat- .son Brame, W. F. Absher, Henry ."Vloore. James Anderson, Richard Gwyn, J. S. Dean. Blair Gwyn, F. D. Forester, Frank Eller, Robert Brame. W. H. McElwee and Carl Coffey. Honorary pallbearers were R. M. Houck, of Lenoir, B. E. Eller, C. C. Faw, C. T. Doughton, J. R. Hlx, C. E. Jenkins, A. B. John ston. J. C. Grayson, Walter My ers, J. R. Rousseau, A. S. Har ris. of Boone; Dr. James Davis, of Statesville: Roger Moore and J. H. Doughton, of Statesville; U. L. Hafer, Bryan Teague, Pal mer Horton, Geo. S. Forester, j it, Richard Finley, L. Vyne, J. T. Prevette, Johnson J. iHayes, of Greensboro; P. E. Bro'wn, C. P. Walter. J. B. Caudill, W. E. Jones, Eugene Trlvette, H. V. Wagoner, Henry Reynolds and 0. A. Lowe. Funeral Held For Ncgre.ss Nellie Barber, 24->ear-old col ored girl, had been in the employ of the Blair family for several months. She was the daughter of Nathan and Carrie Rousseau Bar ber. Funeral service for her ting the money. He confessed that he shot So lon Little, the bank attendant, who recovered from his serious wound, because he thought he was going to shoot the boy, Les ter. He says that promised him there would be no shooting in the bank but that de spite this promise Stefanotf was the first man to open fire. He la the one whom B. G. Green con tends did all the shooting save the one shot which he himself fired at Little. His son’s Job was to get the money, the father tes tified. Law Says All Guilty The law of North Carolina as defined by Judge Warlick holds that if a group plan together to commit a robbery, and that if while’ the robbery la being com mitted a person is killed those who planned and perpetrated the robbery are all guilty of murder in the first degree. Not only did Green confess to going to the bank to shoot if necessary but he told the jury that he ■wished he had killed two more. *Tf I had known 10 minutes after the robbery what I know now I would have shot Mike and Black both for persuading us Into be said. A most impressive funeral service was conducted from North Wllkesboro Methodist church yesterday morning at 11 o’clock, being In charge of Dr. W. A. Jenkins, pastor, and Rev. C. W. Robinson, Presbyterian eral township cbmmitteem^ had ■withdrawn from the meetlnt-- A motion was made by T, O.^ Johnson, of Walnut Grove, town ship, to postpone th« meetlni out of respect to Floyd C. Forsstor, state committeeman, , In whosn home tragedy entered Friday, and due to the fact that ho ■was mentioned as a candidate for the place ef chairman. This motion failed as* present organisation tines held solidly. Following the meeting. Mr, Brookshire .made the tollo^wlng statement; > “I am deeply grateful to mem bers of -the executive committee for the honor they have confer red upon me and, as chairman of the organltetion, I pledge myself to serve the Democrats of Wilkes county to the very best of my ability. I shall strive to promote the best interests of the entire party and not the Interests of a special few or any faction. "If all of US will pull togeth er, I sincerely believe that we can wage a successful campaign this fall. I shall always endeavor to keep harmony within the ranks of the party. "Whatever differences we may have individually, we should al ways interest ourselves primarily In the welfare of the entire or ganization. And I want to state that' I shall always stand ready to be of whatever service I may to any member of the party.” tamed the wina over to Terry In 1*88 sad last yOM^:^ the club of whleh he wea^^. president again mount der to fame . by wini^ns, leOgne pennant and. bowlta# the bigbly-favored. Washta| Senators to take the world chal pionihlp. A careful compariaon of and yalnee will help na tO your trade.—The Goodwill For Fastest Known Relief — Dmnumd €tnd Mayor Held Up Morganton, Feb. 28—-Mayor Earl Butler, of Valdese, was held up and robbed in his own baliwick minister. The floral offering was shortly before midnight last night. beautiful and profuse. Interment and two muked highwaymen who the Presbyterian was made in cemetery. Active pallbearers were; W. J. Stefanoff Bason, Julius C. Hubbard, Jack Spalnhour. Lincoln Spalnhour, Billy Spalnhour, Eugene Spain- hour, Roy Spalnhour and Dr. P. C. iHubbard. Flowerbearers were: Mesdames W. J. Bason, E. F. Spalnhour, W. R. Spalnhour, Julius C. Hub bard, J. C. Smoot, Cora Sebas tian, Leona Pardue, O. C. Hol comb, Lee Hemphill, Eugene Tri- vette, W. F. Jones, T; Q. Perry, J. C. Reins. C. B. Jenkins, C. D. Coffey, Sr., Rosa Reaves, F. C. Hubbard and Misses Toby Tur- n e r, Norma Stevenson, Ruby Pearson. Mary Finley, Mamie Witherspoon and Hattie McNeill, 'flashed a pistol in his face escaped with a wallet which contained $12. It it believed the ■men escaped under cover of darkness. GCIiIUINE bate# ASPIRIN WBCAUSE of a imiqua pgteg O in auaaftaetam, Genidm Bsm Aiptoiii Tablets an made.to intMrate—or disMlve—LNSTANT- LY you take tlum Thus start to teoik fiiMflwfip. Start ^tok|l|f hold” ot ewen a seven headaeU neaiitis or rbenmatie pate a few minutes after taibo^ And they provide SAFE relief— for GcBiBne BAYER ASPIRIN does not htpm the beert. So if you w«rt Bapir eroas on ev«y tabtet and kx tty wywii BAYER ASPIRIN or parfcape po« Mia8barM.lLA OCNUtNf BAYER ASFII MISS DOUGHTON GETS SHOCK ON ELEVATOR Washington ,Feb. 22—Miss Reba Doughton, daughter of Feprensen- tative Robert L Doughtoi., suffered a slight shock to her nerves when an elevator in the new house of fice building dropped several stor ies and came to a stop with the operation of automatic control de vices. Miss Doughton was assisted to the office of her father and quick- tor the loan, and give a plan, or budget, showing how he is going to use the loan applied for and low he is going to repay it. Primary security for produc tion loans consists of livestock, terming equipment, growing srops, or other personal, prop erty most appropriate to secure the loan adequately and make up a- chattel mortgage. It is not In- teided that loans shall be secur ed primarily by mortgages on real estate. Where this type of se- eurlty 19 taken it will be regard ed as additional collateral. The minimum loan is $50.00 and no loan may exceed 20 per sent ot the authorised capital of the association. The amount ot toe loan should correspond ■with the actual need for credit. Per haps more farmers have become iMvlIy involved in debt because af too much credit than because ad lock of it. Loans from pn>- iMtions credit associations will anly be made at needed; and, proper ■precauttons .Will he 'taken: to prevent over eiteasioh of cred-' individual borrower may not exceed by more than three per cent the rate at which the associ ation gets money from the in'.ev- mediate credit ^ank. At present the Interest or discount rate charged the association by the in termediate credit bank Is three percent—these charges make up the six percent interest rate paid by the farmer. The Interest spread of 3 per cent between the rate paid by the association and that paid by the borrower goes to the association to meet operating expenses and build up a guaranty fund or sur plus, needed by any carefully managed business institution. Actually the Farm Credit Ad ministration M establishing at Wilkesboro as at other centers ot farming sections, a farmers’ short-term credit business. Bach borrower has part ownership in the business. ' His llablll^ tor loans of the organization is only five ^eent of the amount be iMMTOin. The management of t&e bttsinees is being entruatedtoteg ' ly recovered She was one of a quartet of passengers riding in the conducted from Rickard’s Chap-1 gigy^tor when it got out of con- el yesterday morning at 11 its operator and started o’clock by Rev. J. C. Carothers. Besides her parents the nogress is survived by-three sisters, Ethel Grimes, Corrinne Grimes and Emily Barber, and two brothers, Aaron and Ray Barber. House Old Landmark The Blair residence was one of the first in North Wllkesboro. It was erected by the late Colonel Blair. The fire Friday burned a considerable portion of the sec ond floor and furniture and per sonal effects of the elder Blair and Mr. and Mrs. Blal/ were damaged by fire and water. Sympathy is one of the finest of human Instincts, yet if It Is unintelligently directed and eon- trolled" It can easily lead to'cor rupting generosity. representative farmers chosen by the member^ boiTowers. This is the onlte'^othod ever- devised whichjwmits farmers wlUt the aid Federal Govenuni^t to ultSMMi' own and^o^rmtd their the do^wmward with sickening speed, skidding to a stop at the bottom. It is related that the sensation accompanying the do^wnward flight of an elevator out of control is something not soon to be forgot ten. It is much the same as riding in an automobile and skhVlhng on the ice, ■with the helpless feeling of being unable to do anything be yond sitting tight and hoping for the best. The stopping of the car caused a shaking up of the passengers, who quickly recovered. The ele vators are .the last word in me chanical equipment, ai^ it is on- derstodfl that the autfamties were at a loss to understanci what oc casioned the accident. Practically every tobacco grow er In Harnett county, who sign ed the reduction agreement last fall, is signing the contract ndW bei^ offered iad many who did not sign the agreement ‘will sign cidBitract, says ' the - farm productlon credit business. *ggent. John F. Mastin It Claimed By Death Well Known Citizen Of Roering River, Ronte S; Was 5® Years Of Age John P. Mastin. a well known Citizen of Roaring River, Route 2, died Sunday morning at 8 o'clock. Paralysis was the cause of death. Mr. Mastin was 59 years of age. Surviving him are his wife and the following children: Mrs. Idal Pardue, Hubbard, Frank, Clay and Alene Mastin. One sister, Mrs. A. C. Sales, and one brother, James Mastin, also survive. WILKESBORO BAPTIST LADIES WIN PRIZE Ladies of Wllkesboro Baptist church won the $16.00 cash prize offered by Rhodes-Day Furniture company tor the highest score in decorating the IJving room of the model home at the local store daring the furniture show which came to. an end Saturday. The score was 98.6. Just behind them were the North Wllkesboro Presbyterian church ladles with a score of 92.1. They won the $7.56 prise. Wllkesboro Methodist church la dles won third prize of $2.60 with a score of 91.6. The contest was very close, all of the church organisations hav ing shown great proficiency in decorating the Hying room. Rhodes-Day Furniture com pany was host to- numerous friends and customers Saturday, evening. Coffee and cake were served for refreshments. Coffee waq furnished .by the A. A R. Store here and cakes were fur nished by the Sunshine, Biscuit company. mECMTIOII We take this method of thanking our cus tomers for their patience during the time that they were forced to be without power and lights. Everything within our power was done to give service in the'quickest possible time and our men worked steaidily in repairing the damage and checking the lines so that our customers would suffer the least inconvenience. - -T' It is our desire to give our customers as near 100 per cent service as is humanly possible. Southern Me ilides U H-was possible to sail idtenpor The Goodwill wosiia dted the cards. •re alwsa* “ELECTRICITY—THE SERVANT Ti® HOME*’ ,NORTH WH&^-