PACE SIX I ANNUAL STATEMENT ! 10 Year Ending Dereorfifr 31st, 1026, of the Condition and Affairs of the 4RRUS COUNTY BUILDING , LOAN AND SAVINGS ASSOCIATION OF CONCORD, NORTH CAROLINA Office in The Concord National Bank. wd and Incorporated April 6 1898—Commenced Business April 9, 1898 - •. OFFICERS COLTRANE, President HARTSELL & HARTSELL, Atty. HOUSTON. Vice-President. ARMFIELD, BARNHARDT & M. HENDRIX. Sec. & Treas. SHERRIN. Asst. Attys. HENDRIX, Asst. Sec. & Treas. DIRECTORS Coltrane C. F. Ritchie R. M. King Hendrix C. J. Williams A. F. Hartsell Cook A. L. Brown Geo. H. Richmond H. Webb W. C. Houston Gilbert Hendrix STATEMENT ASSETS. Estate Loans (Loans on Real Estate in the City of Con ti and Cabarrus County) First Mortgage $1,219,414.7$ Loans (Stock in Association is pledged a« Security) 98.978.50 tfre and Fixtures 581.86 and Insurance Advanced to Stockholders . 177.41 tied Discount Advance Payments 48,877.38 st Due and Unpaid (Secured by Mortgages) 11.115.25 Iments Due and Unpaid 58,230.50 Total $1,430,897.37 LIABILITIES Iments (Dues) $1,161,986.00 Iments Due. and Unpaid 58,230.50 >ved Money 80,888.41 LUS * 124,286.55 rd National Bank * 114.94 V--* Total $1,436,897.37 B QUESTIONNAIRE. I (l)To what per cent, of valuation are loans limited? 66 2-3. | ()2 What is the largest mortgage loan outstanding? $30,000.00. 13) Have you any loans on second mortgage? If so. what amount? No. 1 (4) How often are series issued Twice a year. April and October. I (5) Do you mature shares within a given time? If so, How long? No. M(0) ‘ Are all the profits of the Association apportioned at the beginning of i, i each series? Yes. * ' H(7) Are the dues per share payable weekly or monthly? Weekly. Amount B' ’ $ .2£>’per share, per week. (8) Amount of authorized Bhares? 100,000. <9 Par value of each share? SIOO.OO. eing duly sworn, each for himself deposes and says that they are the officers of the said Association, and that on the 31st day of December last, all the above described assets were the absolute property of the saij Association, free and clear from any liens or claims thereon, ex- Icept as above stated; and that the foregoing statement, with the schedule and explanation therein contained, assumed, or referred to, are a fjull and correct exhibit of all assets, liabilities, incomes, and disbursements, and of the condition affairs of the said Association on the said 31st day of Decem ber last, and for the year ending on that date, according to the best of their information, knowledge and belief, respectively. Sworn-to and subscribed before L. D, CONTRANE. me this 4fh day of January, A. D., 1927 J. M. HENDRIX. LELA B. BRUTON, Notary Public. My Commission expires March 27, 1928. STATE OF NORTH CAROLINA Insurance Department - Raleigh, January 19, 1927. L Stacey W. Wade, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Cabarrus County Building and Loan Association of Concord, filed with this department, show ing the condition of said Association on the 31st day of December, 1926. Witness my band and official seal, the day and date above written. STACEY W. WADE, Insurance Commissioner. ~~— j I -WAIT- I DO NOT BUY; I YOUR FURNITURE 5 . I • T —UNTIL— •: 1 I | FEBRUARY 17 Hk|. .v ,t • i l GOOD NEWS! If ■■ i > l I SHORTEN SCHEDULE OF I ** vi CRACK LIMITED TRAIN 1 « Souihboun Crescent Limited Will | 5 Be Shortened an Hour and 30 Min utes Between Washington and At i Unta - ; N Announcement has been made by 'Southern railway official* that the iachedule arriving in Charlotte at noon and in Atlanta at 5 :40 o’clock in the afternoon. New Orleans will be reached ’fhe next morning at 8:30 o'clock. The time- between New York and Greensboro "["will be diminished by one hour, snd the time between this hrity and Washington will be lessened by 50 ninutes. Under the new sched-1 ule the trifr between New York and will require 13 hours • .and 5 minutes, and the trip between Washington - and Greensboro will re quire only seven hours and 30 min utes. “Chinawace” Subject of Book (M. i Mrs. J. Y. Davis was hostess to the Friday afternoon Book Club on Fri day from 3 to 5 p. m. at her lovely new home'on the Monroe Road. Mrs. A. F. Goodman had arranged an at tractive progtam on the subject of M Chinaware.” Each member read an article describing the different styles of decoration of china and telling the history of each. Then Mrs. Goodman read an interesting paper giving the history and romance of the Tea Pot After this a social hour was enjoy ed, when an elegant luncheon was ser ved in two courses, the hostess being assisted by Mrs. H. S. Williams, and Misses Sara Davis and Susie Mund. The club was delighted to welcome as guests: Miss Pat Adams, Mes dames W. C. Houston, C. F. Ritchie, D. I. Reavis, and Lily Blanks. After the luncheon the guests lin gered to look over the elegant new home in its ideal country surround ings. Methodist Dtaner Big Success. The dinner given at the Methodist Church Friday evening was a big suc cess. The only regret of the ladies is that one hundred guests had to be turned away, as the crowd was much < larger than had been expected. The ladies appreciate the patronage ■ given them. i Miss Lillian Fox, of Kannapolis, has entered the Concord Hospital < where she will undergo treatment. < SUNDAY SCHOOLS OF CITY TO HAVE MEET Will Have Annual Conven tion Beginning on Febru ary 9th. —Sessions at the Trinity Church. The full program for the annual Concord Township Sunday School con vention, to be held here February 9, j 10 and 11. has been made public. Ses sions of t*ue convention will be held in Trinity,Reformed Church on North Church street. The convention will convene Wed-, nesday night, February 9th, with ses sions Tnursday afternoon and night and Friday afternoon and night. W. J. Corzine is president of the No. 12 Township Association and \ . L. Norman is secretary. , Os the county association, Hope E. Bonds is president, D. B. Castor and J. K. Eaves are vice presidents, and Miss Mary McKinley is secretary. The program for the convention, which is arranged for Sunday school workers of all denominations, follows: W ednesday Night, February 9th. t 7 :30—Song. Scripture Reading and Prayer by Rev. C. W. Lyerly„ pas tor Tripity Reformed Church. At 7 :40 —Methods for ; Sunday School Teachers —D. W. Sims. ; At 8:10 —Song. Record of attend ance. At B:2s—Responsibility of the Church for the Religious Education of Childhood and Youth —Dr. M. A. Honline. At 9 :05—Announcements. At 9:ls—Adjourn. Thursday Afternoon, February 10th. At 3:3o—Song. Scripture Reading and prayer—Rev. M. E. Hansel, pas tor Second Presbyterian Church. At 3:40 —The Meaning and Aim of Religious Education —Dr. M. A, Hon line. At 4 :15 —Questions and Discussion. At 4:30 —Adjourn. Thursday Night, February 10th. At 7 :30—Song. Scripture Reading and prayer—Rev. C. Herman True blood', pastor First Baptist Church. At 7:40 —The Alert Adult Bible Class—D. W. Sims. At 8 :10—Soug. Record of attend ance. At 8 :25 —Jesus, the Master Teach er—Dr. M. A. Honline. At 9:os—Announcements. At 9:15 —-Adjourn. Friday Afternoon. February 11th. At 3 :30 —Song. Scripture Reading and prayer—Rev. M. L. Kester, pas tor Calvary Lutheran Church; At 3 :40—Some Practical Problems in Religious Education—Dr. M. A. Honline. At 4 :15 —Questions and Discussion. At 4:3o—Adjourn. Friday Night, February 11th. At 7 :30—Song. Scripture Reading and Prayer—Rev. J. M.' Varner, pas tor Epworth Methodist Church. At 7 :40 —The Foundations of Chris tianity—Dr. M. A. Honline. At B:2o—Song. Record of attend ance. At B:3o—The Growing Sunday School—D. W. Sims. At 9:00 —Offering for support of the North Carolina Sunday School Association. At 9:ls—Adjourn. YVinecoff News. Miss Gladys Goodman, who is a student at N. C. C. W. spent last week-end with her parents, Mr. and i Mrs. C. J. Goodman. | Miss Nita Litaker, of High Point, is visiting her parents, Mr. and Mrs. R. E. Litaker. There will be a blackfaced minstrel at the Wlnecoff High School Friday evening at 7 o’clock. . Mr. Hoy Umberger has returned' ’home from Duke University, where he has been n student. Messre. Olin and Dan Caldwell have returned from South Carolina, where * they had been for the past week on business. c< Th(*re was a surprise birthday par ty given on Wednesday night to Miss Faye Munday. Mr. P. D. Baird spent last week end with his parents in Matthews. Miss Maxine Johnson and Mr. Har ris Caldwell rode horsebaik Saturday afternoon.* ; Mr. and Mre. H. L. Fink entertain ed a few friends at a delightful party on last Thursday night. Miss Louise Fisher w*as the guest of Miss Callle Fink on Thursday night. Misses Eva Lee Benson and Doris Lrvin, of Gilwood, spent Wednesday night with Mrs. J. A. Stroud. Miss Hazel Goodman; had as her guest on Wednesday night, Miss Eliza beth YVineloff. At Hotel Concord. Guests registered at Hotel Concord Friday included the following: j Mr. and Mrs.. Red Walters, Bir mingham, Ala.; Mr. and Mrs. Ray Ewing, Baltimore, Md.; W. E. White, Atlanta, Ga. Misses Mary Turka, Dottie Craig and Betty'Lee Belmont, all of New York City;. F. B. Lan caster, Charlotte ; Mr, an r , ~ ; T&E KIWANIS CLUB HOLDS REGULAR ; LUNCHEON FRIDAY i .* Many Members of the Club Bring Books For Library Collection. Hear Rev. Frank F. Baker, of Brazil. The Kiwanis dub ol Concord held Its'regular weekly luncheon Friday at Hotel Concord. The program for the day was in charge of B. E. Harris and Gilbert Hendrix. Mr. Harris introduced Rev. Frahk F, Baker, missionary to Brazil, who made an address asking for a better uqderslandihg of Brazil and other South American countries and the cultivation pf , friendliness with tin* of those" countries. Mhnley Lewellyu, who was a visi tor of the club* told the members that he was interested .in having the High School ahtletic field fixed aud then summer baseball here. ' “I’m especial ly interested in wanting the High School athletic park fixed with a grandstand or a stadium and then if we have a summer baseball team we would have somewhere to play, but the main thing would be that with a grandstand the High School athletic events held here would draw large crowds. The field would need to have about 1,000 y»rds of dirt removed and a grandstand built to accommo date 500 to 1,000 persons.” The club voted to support the move ment of building an adequate field at the High School. Rev. Herman Trueblood, chairman of a committee to gather books for the Concord Library, announced that a ‘Committee of women of Concord with Mrs. W. A. Foil as chairman, would meet with the KiWanic Club book committee composed of Mr. True boold, J. P. Cook and J. B. Robert soh and a committee from the Library Monday at 7 o’clock at the Y. M. C. A. to arrange a campaign for collect ing hooks from the residents of Con cord to gite to the Libray. All mem bers, of the club who ; table had been defeated 24 to 23. Senator Royall, the barrister from Wayne, submitted an ame: dment yesterday, providing for payment of an additional 25 cents fee when the| six months plates are secured. Thfc« fee,, he explained, will take care of any expense the Department of Revenue will incur in changing the issuance date from the fiscal to calendar year. The 25 cent per plate fee will not apply except on plates issued between July 1 and December 31. 1927. Both the bill nn<3 amencment will come up for filial reading Tuesday and another forensic disp.ay is for - Senator Rivers Johnson made a rousing talk in "behalf of the bill Thursday, pointing out that he us tired of the august body being charg ed with “rubber stamping” measures outlined in the budget. Johnson, and several colleagues, took the position I that (the farmers have more money !ip January than in July and also thtft the state will save money by \ securing more interest through early I collection of license fees than ex pense incurred in changing plates. Senator' Hargett, Os .Tone#, ennir man .of the Roads committee, is still bjtterly opposed to the measure, is Senator Grier, of Iredell, who says that car owners—or operators —who do not have money to byy license for the fiscal year, do not I have money to own any auto any- 1 >OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO% I BEDS K WILTON RUGS -5 Finished in Either NEAT CENTER 5 Walnut or Mahogany TABLES All Sizes, Latest Designs K We Are Ready to Greet the Coming Season with New Suggestions jn Hume' | ; Furnishings Bell - Harris Furniture Co. g The Store That Satisfies and the Home of Beautiful Furniture oooooooooooooooooooooooooooooooooooocoooooooooooooooooooocooc^^oocooa (AVERY Disc L Harrows^§ T \ •> ' Good Work Easily Done I ; of its ea ay riding and realize what a really scientific, easy handling the user of an modern, improved disc harrow Avery Volcano Disc Harrow does a do. The Avery Volcano has a” *- ie full day s work easily. Noon finds improvements developed since BF man and team still fresh. And even Avery designed the first Avery i®' W ni « ht they are not tired. plement in 1825 -nearly a century a.T. _.. , This is possible because of the ago * “ Duilt with scientific prt ' A better disc harrow perfect balance, spring pressure ad- cisioa in the finest, most comply tor 10 real reasons juatment, flexible gangs, bottom and modern implement factory ® 6 Spring pressure adjust- lubrication of bearings, even pene- wor^d mem St inside ends of tration in ’uneven ground—and many Very many thousand Avery Vol -2 Self - tightening disc- other advantages found only in the canos are sold yearly and every spool construction. Avery Volcano. user, because of the perfect satis , R.«d uneven ground. panel at right recommends it to his friends. • tt v Come a* d let us d?ia ings. . n txl you have seen and tnea the onstrate the Avery Volcano • Full -floating, flexible Avery Volcano you cannot possibly Harrow to you. 7 strain on TlT?**,* ltn * 0 ' fan \™' L diking, riding and tractor plow,. bearings. tillage unplamant*, and Champion har vac ting and hay machine ; S Minimum running fric tion. • Easy to ride. lO Easy to handle. Yorke & Wadsworth Co : ) J way. Question as to whether the extra 25 cent fee wil* go to the Highway commission or to the l und was raised by Senators W oinble. and Dunlop and the measure went over until Tuesday. - SALISBURY MAN SAYS HE SAW OTTO WOOD I Talked to Fugitive While He Was I Visitor in Rowan Capital This Week. He Asserts. Salisbury, Feb. 4. —Otto Wood, elusive prisoner who a few months ago escaped from the state prison I for a third time, was in Salisbury this week, according to Earl Swiee good, who says he knows the. fugi tive well and talked to him. ! Swicegood says he tried to inform 'sheriff Krider of Wood's presence m the city but failed to locate the of ficer in time to effect an arrest. To Investigate Aiken Lynching Furth er. (By Internationa: News Service; Columbia, S C., Feb. 5. —The form of Governor Richards' probe into the celebrated Aiken lynching case re mained clouded in uncertainty today. Following the recent failure of the Aiken county grand jury .to indict members of the mob that lynched the three lawman negroes following their acquittal of the rturder of Sheriff Howard, the governor issued a state ment declaring that he would “do all within my power to bring the guilty parties to justice.” The governor has not intimated ! what form any new investigation will take. The Aiken .lynching was the object of a lengthly probe by Ex-Qoy ernor McLeod before he relinquished the reins of the state government a few weeks ago. Rutherford Women Sue Lake Lanier t Company. ( Greensboro.' Feb- 4.—There nas I been transferred from the - . Ruther -1 ford superior court to the district Monday, February-, federal court the Kll -„ • L. Maurice and of Ellenboro. |, av . i 1 ' Vt \ cover $2,500 f company and to f„ r ,. (l 4 - 4 * tional company. <,f rl , “ back $5,000 in I; oie< women gave a’nn? ) payment of s2,.'tn ‘ tt % site” on Lake Lan> r the ’and boom. Tliey claim concerning a huge da-J a big report hotel ar| (! developments ami fit . agent of the c .i K i *i U G' * age of the fact I men without bor-i ~.. “ * caution. SL\RRIAGES OF DO?rv coiplk^ Comm'ssion of Jus:ic P 0 f p . Performed Cei emon' w hJ? —Legislature Gives R f *J E (By International Currituck. N. Currituck county liewlv-l" jubilant today when thev C* the legis’ature has dec re? are legally married. They had. of course, the w tions from the beginning. 7; marrietl by James H. Ta the impression that L.- v V ? accredited justice of the however, they learned tha*i commission had expired. U ■ j 1 The legis’aturc came to by passing a bill Validating* riages. If Fidel La Barba adh*->. ; pigseiu intention to retire -* pugi'ism .will lose one of > popu ar and geltemaniy have grac-ed the .ring hi 8 ‘ The world’s flyweigbtTS plans to enter Lelaml .Mai 1 ,, -versity next September. Motor tourists bought fla of home' made apple jelly 'orchard near Bowdoinham, summer.