tp>ic?;nAY. AUGUST 28,
8rh ANNUAL i
KYIONJAJ1 iSSAY C
ladenboro Lad W
Ijeigh. Aug. 27.?Robert Lay-'sti
KJt, 20. graduate from Bla- j th
Bro High School, won the I ?
Be championship and first ip
B of a one-vear college tui- ,
scholarship in the eighth an- mi
essay contest of the North ' mi
Bina Cotton Growers Coop- | H<
Bve Association here recently.! Fc
cor.d prize of $25 went to j al
Br. Lord, of Cary High School,1 an
B of S15 to Grace Mewborn nu
Brow Hill High School, and i
B of $10 to Loy Crowder, of at
BoH* High School in Cleve- by
B county. sti
Bit pnzes were presented by ] of
j. W. Harrelson. administra- i ye;
I dean of N. C. State College,; tes
B commended the contestants ' tri
By on the quality of their i
B's "The essays we have sa;
Bd here today would do credit ale
Bollege graduates." he told the 1 Sa
B than 400 farmers and farm th<
Bis who had assembled in the i yet
Berg room of the Cotton As-1 j
^Kton for the program. is
B> contestants had previously a
B out in school, county and "ir
^kc: contests in which several ma
Band students in rural high ag
Bcls in the State participated, j
I of the students spoke on he
Ba: a Unified Program of Co- Ur
I-keting and Coopera- thf
ng Can Mean to the am
forth Carolina." th<
n. general manager Th
n Association, who in
of the essay work, bei
story of the annual me
i their beginning in 1 nei
to this year. "Well j I
>oys and girls have Sts
ten essays during Fa
i," he said. hei
n. in charge of vo- yet
ition in North Caro- j so<
Jed the "fine work ba
ssociation is doing am
essay contests in he
HOLC Forec
levitable Dur
t of the institution j sp<
undred foreclosures J noi
E the Home Owner's j ins
tion, questions have j the
3 to the number of | on
s Corporation will j clo
over in the nextlTh
It is impossible to' ati
elligent estimate as mi'
r of homes we will j
or rent, but is in- ter
some thousands of j wit
He acquired by the | to
i the normal course j rov
s. ! 0f
of properties by the j are
innot be prevented, grc
e convenient terms' wh
se loans are made mo
'ration's purpose to tioi
borrowers who are j hoi
trouble every pos- (loa
e- These borrowers sal
lduly harassed, nor val
the impossible but, ad\
v, the Corporation tiz(
oe money due from 1
' are able to pay. pos
'ajority of borrow- ket
ng their payments ed
are in no danger she
but the very fact a :
oration has become I val
1 estate lending or- j sal
tbe world means , wei
;Ve more properties j Coi
than any other loss
*e 'ending institu- pre
Poration now holds I
more than 885,000 loa:
Soon it will have Lot
This is more than ed
occupied houses in I whi
,rgest cities, New' cloi
and Philadelphia Coi
, gai
'arge a number, low
8 are inevitably con
People who prove ersl
"d who do not re- acti
1935
am ? ?MMiaB ' c
ij i?
11 | o
&RACC ^
WBNNER5 MsEjdB?ai I
CO-OPERATIVE
ONTEST V f
s
""""""""^ miltom LORO
c?.?v <
~ ?r- aiT?*i> ]
rins Essay Prize :
<
mulating the young people to 11
ink on pertinent agricultural
oblejns of the day." ,
J. Mf. Johnson, extension econo- (
st at State College, was chairin
of the judging committee. '
i wab>' assisted by Dr. G. W. J
irester, professor of agricultur
economics at state college, '
d Mary E. Thomas, extension
tritionist at State College.
One of the added attractions
the contest was the recitation
Randolph Denton, of Wood, a
ident of Gold Sand High School
his essay. Denton, who is 14
ars old, was the youngest conitant
to participate in the disct
contests.
The opening prayer for the esy
contest was offered by Ger1
Motley, a young minister of
mpson County, who won out in
i statewide essay contest two
ars ago.
In his essay, young Pait, who
a practical farmer as well as
student of agriculture, held up
itelligent cooperation as the
ister key to a real, permanent
ricultural prosperity."
And this is no Utopian dream,'
declared. "The farmers in the
lited States have demonstrated
5 fact that they can purchase
d market successfully through
;ir own business organizations,
ere are now 12,000 cooperatives
the United States with a memrship
of over three million farirs,
and doing an annual busi3S
of more than $2,500,000,000."
He pointed to the work of the i
ite Cotton Association and the J
rmers Cooperative Exchange i
re in this state. "During its 13 {
irs of operation the cotton as- s
nation has handled 1,290,068
les of cotton for its members
d paid them $109,315,235.58,"
said.
losures Are
ing Next 2 Years
>ct their obligations. Even in
rmal times, the large lending
tituticms have to deal with
>usands of pieces of property
which they are obliged to fore- '
se in the course of a year, i
e Home Owner's Loan Corporon
cannot expect to escape silar
experiences.
rhe Corporation should encounno
serious problem in dealing
h such homes as it is forced
take over from delinquent borders.
In nearly every section /
the country, real estate values
i rising. There is already a
swing demand for properties
ich carry the liberal type of
rtgage made by the Corpora(i.
We are finding that the
jses on which we have made
ns command a more ready <
e than those of corresponding
ue which do not have the same '
vantage of the long term amor;d
mortgage.
rhe Corporation does not prose
to dump* hastily on the mar;
the homes which it is obligto
take over. It would be
irt-sighted policy to stimulate
new depression of real estate
ues by indulging in a forced
e of properties. If such policy
re followed, not only would the
po ration suffer unnecessary
ses, but it would likewise dess
the value of other homes.
Svery home owner who has a
n from the Home Owners' '
in Corporation has been help- <
out of a difficult situation
ich threatened him with foresure.
Each loan made by the
rporation is a long-term mort;e
bearing interest at a very
r rate, enabling the family to
ne into debt-free home ownlip
through small payments,
jally lower than rent in most
THE
:ases, and averaging less than
24 each month.
The $2,700,000,000 of loans aleady
made by the Corporation
epresents over one-seventh of the
stimated urban home loan debt
a the United States. Some $3,00,000,000
of bonds of the Cororation
will shortly be outstandng
as a contingent liability of
he United States government. If
inds for payment of these bonds
re not collected from the HOLC
orrowers, the burden would be
irown upon the entire public, in
he form of taxes. This fact is
econdary in the HOLC collection
iolicy only to the necessity of
elieveing actual distress.
The Corporation has taken
oreclosure proceedings against
ome 800 properties, representig,
after all, only one out of
very 1100 HOLC borrowers. This
5 significant contrasted with the
10,000 urban home foreclosures
iy private lending institutions in
he first five months of 1935,
iccording to reports that cover
>nly one third of the country's
opulation. Moreover, nearly all
if the 885,000 HOLC borrowers
'aced foreclosure before t h ?
IOLC came to their assistance
md most of them are now abk
:o keep their homes as a resuli
>f its efforts.
The corporation in cases ol
continued genuine distress ha!
permitted borrowers temporaril;
to postpone at least part of thei
payments. Foreclosure has oc
curred only in instances of aban
ionment, willful delinquency, le
gal complications or the death o
the borrower, and not in an;
case of plain distress. Home own
ers who are clearly in difficult;
are given every consideration.
On the other hand, such leni
ence is possible only where th<
borrower can prove his presen
inability to meet his payments
and that he is acting in gooi
faith. Investigation of more thai
5000 requests by HULL' borrow
srs for postponement of their in
stallments revealed that less thai
1100 of them were actually ii
Jifficulties. The other 3900 wer
merely seeking to evade thei
obligations. Their demands wer
not granted, and most of then
nave paid up, rather than los
their homes. To imply that tin
HOLC is a "Shylock' 'in fore
slosing against persons who re
fuse to pay when they pay ii
to argue that dishonest peopli
should be given free ownershi]
)f their homes on federal credit
it heavy cost to everyone else.
E. C. Blair, extension agrono
mist at State College, reports i
jreat deal of interest in the far
ners' tours he is conducting ii
various counties. In each of thi
tounties the farmers study farm
ng practices of their neighbors
NOTICE OF SERVICE OF
SUMMONS BY PUBLICATION
State of North Carolina,
bounty of Brunswick:
In the Superior Court bebfore
the Clerk
L. A. McLamb, et al.
vs.
Alice Mazella Rogers, et al.
The defendant, Hampton P. Tharp
vill take notice that a Special Pro
,-eedings has been commenced in th
Superior Court of Brunswick county
SJ. C., for the purpose of makinj
sale for partition of two certaii
;racts of land in Shallotte Township
said state and county, in which Ham
Fill up with Essolene
and learn what real
motoring pleasure is
There is no profit in
using inferior motor
oils in your automof
Dependable systematic
lubrication
will add months to
the life of your car.
Hood Service
Station
SOUTHPORT, N. C.
STATE PORT PILOT, SOUT1
i
i pton P. Tharp is a tenant in common,
said lands being described in
the petition filed, and as appears in
deed recorded in Book 28, at page
37G, from L. J. McLamb to Mary C.
McLamb, dated January 2nd, 1916,
the description of which is hereby
I incorporated and to which reference
' is made, and the defendant will further
take notice that he is required
to appear at the office of the C'lerk
of the Superior Court of Brunswick
I County. X. C., at Southport, N. C? I
on the 23rd day of September, 1935, [
and answer or demur to said peti!
tion and cause of action, or the |
plaintiffs will be granted the relief I
demanded in said petition.
! This, August 19th, 1935.
B. J. HOLDEN, Clerk
9-17 Superior Court.
NOTICE OF SERVICE BY
PUBLICATION
i State of North Carolina,
r County of Brunswick:
In The Superior Court
The Federal Land Bank of Columbia
vs.
Dr. C. P. Savage, Legal Guardian of
. R. P. Middlebrooks and Hazel E.
Middlebrooks
The defendants, Dr. C. P. Savage.
Legal guardian of R. P. Middlebrooks,
and Hazel E. Middlebrooks, wife of
1 R. P. Middlebrooks, will take notice
that an action entitled as above has
, been commenced in the Superior |
Court of Brunswick county, North
i Carolina, for the purpose of foreclosing
that certain mortgage given
I by R. P. Middlebrooks and wife, Haz'
| el E. Middlebrooks, to The Federal
. Land Bank of Columbia, under date
i of February 16th, 1926, recorded in
I Book 43, at page 23, which describes
. or designates certain lands therein,
which is located in North West
5 Township, Brunswick county, N. C.,
said tract of land containing 100 ac'
; res, located on the south side of the
! 1 Seaboard Air Line Railway, adjoint
ing the lands of Gaylord and Reaves
and Watkins; and the said defendants
will further take notice that
F they are required to appear at the
office of the Clerk Superior Court
3 of said county, at the court house,
- Southport, N. C., on the 23rd day of
' September, 1935. and answer or der
mur to said complaint in said ac.
tion, or the plaintiff will apply to
the court for the relief demanded in
- said complaint filed in said cause.
This August 19, 1935.
B. J. HOLDEN, Clerk
' 9-17 Superior Court, Brunswick
^ | County, N. C.
-I NOTICE OF INTENTION TO ISSUE
v BONOS OF THE CITY OF SOUTHY
PORT, NORTH CAROLINA
Application has been filed with the
. Local Government Commission, Raleigh,
North Carolina, requesting its
6 approval of the issuance of not ext
ceeding TWENTY-TWO THOUSAND
($22,000.00) DOLLARS bonds Of the
1, City of Southport, North Carolina, for
4 the following purposes:
New Unit at Power Plant And Enn
larglng Plant Building and Repairing
and Improving Present Plant
The proposed bonds are to be is*
sued in connection with a loan and
[1 grant agreement between the City of
Southport. N. C., and the Federal
n Emergency Administration of the
e Public Works pursuant to which
agreement the Federal Works_ Admin
r istration of Public Works will make
e a grant to the City of Southport, N.
C.. for Forty-Five per cent (45 pet.) of
1 all costs of the above projects, and
e agrees to purchase the aforemention
ed bonds by which the City of Southe
port obligates itself to pay the re
maining Fifty-Five per cent (55 pet.)
of the said costs.
The said bonds will bear interest
S at a rate not exceeding Four (4)
, per centum per annum. Both prinB
cipal of and interest on said bonds
j are to be paid solely from revenues
derived from operations of the en"
terprise and neither the purchaser
nor any subsequent holder of said
bonds shall have the right to compel
the levying of any property tax for
- the payment of said bonds or the
, interest thereon.
Said bonds issued under Revenue
- Bond Act of 1935, Chapter 473, Public
. Laws of North Carolina.
> ?
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That's the Pur|]
i
7k CAI
Tha Carofiaaa, lac.
Boa 80, Charlotte, N. C,
Without ohCratioot,
ttawjctulf Carolina*, 1
Oniiuil?itj BaBctla.
Naaaa
V
HPORT, N. C.
This 24th day of August, 1935.
J. D. ERIKSEN, Mayor.
Attest: E. R. WEEKS, City Clerk.
Weekly Quiz
1. What is the capital of Iceland?
N i
Delinqu
| ALL WH(
j TAXES PRIC
i | HUNDRED T
\ _ .
)! property by ej
|j 370, Public L
IS HUNDRED 1
Si ments heretofoi
? 4_. 1 1 4.1?
* criy j?uiu iiici ci
j [ THIS NOTIC
)!
It
1!
This 20th c
i ?
it
It
|! ROB
JhfL Qahoi
mmmammam wl jbt
TEX
CEN'
In one county alone in
cotton mills. The states ai
Only in the Carolina* may i
manufacture from the gra
turning out of a finished ga
Nearly 1,500,000 bales of
ia the Carolines while the
that amount. The finest gi
the world is produced in So
Combined spindles and
exceed any other state. In r
plants hare located in t
Meacheries, worsted mifls,
establishments utilizing cott
Value of the output c
hundreds of millions of dolle
lose of Tbe Carolina*,
IOLINAS |
plnM mm] fall Information
sc. and copy of the CaroKnas
City
I 2. Who is the governor of
Alabama? j
3. When did John Bunyan
write "Pilgrim's Progress?"
4. What is a firkin?
5. How many Rhodes scholarships
are assigned annually in j <
U. S.
6. Who wrote the pledge to i
the U. S. flag?
KXXXXXXXXXXXXXXXX3
OTIC
ent City Tax
) ARE DELINQUENT
)R TO ONE THOU
HIRTY FOUR (1934)
cecuting note as provk
aws of ONE THOU
fHIRTY FIVE, other
re rendered will be foret
inder.
!E GIVEN BY ORDE]
OF ALDERMEN
lay of August, 1935.
iERT W. D.
CITY ATTORNEY
fJUUUu CthSL
TILE
TERS
the Carofinas there are 104
IV uinicu WIU1 ICU 5V pminw
mm follow every process of
wing of the staple to the
rment ready to wear.
cotton are annually produced
miHs consume about twice
rade of sea island cotton m
nth Carolina.
looms in the Caroiinas far
ecent years numerous rayon
1m Caroiinas, along with
denim plants and other
on.
f Carolina mills runs into
irs each year.
inc.?"TO TELL TH
piNC,
' Tin newspapers of Not
hare donated the span
of advertisements whis
purpose of bringing fas
before tbeir people, tbi
nfonned as to tike r
industrial importance 1
that they may know
in the broad moveaeei
world the advantage# <
SEVEN
7. Where is the famous Temple
of Diana?
8. Which is the longest suspension
bridge in the world?
9. What is ratsbane?
10. Who is Joan Crawford?
11. How many minutes in a
degree, circular measure?
12. Who invented the steam
engine ?
(Answers on Page 11)
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ISAND NINE 11
may save their ] j
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SAND NINE j |
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AVIS 11
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I
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tb and Sooth Carolina
s for tki* and a mill
i will appaar for tfca
it a boot Htm Cawhat
X tbay mar ba baMar
eaonrcaa, Watery and
of tU CamlWai. and
bow tWy can aaaiat
f tUa fan?d aaaXan