PAGE FOUR
LAND BANK LOANS
PAID WITH BONDS
THKSK lIONDS WILL iil-I (iI'AU
AXTKKD AS TO liOTII I'RIV
CIPAI. \Nt) INTLRKM' iYt
TIIK C()\LKNMFNT.
H. E. Carter, secretary-treas
urer of county Nation
hi F ... .• »•..»* > ..
e 1 v. • ' • l . My•
cj-s. ' o r . . c
A.;...!:.
C. ; •
and
thru 1 ;
bonds • F« ' Far i Mo •
prin
be at . i\:te
I**'
issued .is J: :e. T:.»vo t
will tai • : uo :ac c :
Ol ti*. :• ... •V ' ' i
appzcve.l y he Fecic: il I..:: :
banks.
The !. >:i is of the Federal Farm j
Corporation, according
to the statement by Governor My-i
ers. will have behind them r. i ;
only the unconditional guarantee |
of the Federal Government ;.s 'o,
both principal and interest, and!
the capita! of the Federal Farm!
Mortgage Corporation amounting!
to about 2i10.000.0n0. but also
the consolidated bonds of th»» i
i
Federal !:.nd banks issued in ex-1
change for the bonds of the Fed-i
: i
eral Farm .Mortgage Corporation l
and the r.:jr tgages accepted by
the land bank commissioner -is'
(
security for loans.
Gov : Myers assured Secre
tary Carter that the Federal
Far m Mortgage Corporation
bonds will be an attractive in
vestment. "They will be as readilvJ
marketable as bonds of the Unit-j
ed State; Government and they
will be quoted in all of the printi-j
pal markets" he continued. !
"Holder - , who have to dispose o» '
these fco.:«'s should not sell titer.'p
without a-ier t::inin. their real ; s
market v -lue."
The Government particularly
stressed the fact that country
bankers probably will b° laig*~|
investors in these securities since)
the creditors of farmers who arc !
being refinanced may no, all bj in,
the position where they can
hold the bonds so acquired and : ,
will find i - necessary to sell theru. 1
Secretary Carter states that
these lon is, which will be ten- ,
dered to farmers-' creditors in
payment of the refinanced indebt
edness, are "exempt from all Fed
eral, S ate, municipal and local
taxation, except surtaxes an I
estate, inheritance and gift taxes. :
They are lawful security for (if- 1
teen-day borrowings by member i
banks of the Federal Reserve sys- -
tem. They are also lawful invest
ments for- all trust, public and
fiduciary funds of which the de
posit or investment is under t ho;
authority or control of the Gov
ernment. The payments of the
interest on these bonds and the
repayment of their principal are
guaranteed by the United Stales. I
which means th?.t if the Fedora! ;
Far - ..'' Mortgage Corporation i
shoiv ! cv.r be unable to meet th-- i
payrr.-n's on the bond/, t>.o :
Trc;" v.- ! 11 f.?ritsio such pay
meiv
"T '«•> b-"-n : - wlT' be *s c :ue ' tji \
d"r.r ! o" ■ o r >y.i 0. "v.'-no, an - !
SI,OOO. IJf cr, ar.our.is ks , 1
THE CRY IS :
STILL THEY COME
WORK r\MH5>Vki:S T OSS
TIK-'IK I! US | \ THI. RING—
v■ Ki-.s THi: lint.st rot N
l": IN T!:K STATU WIIKN M
Uvi.:,i iv> I.Oi'AI, I'Ol.it'iv >.
S '•: • ■-y r.'.ay bo Li.' and
i' ' LV .
w ivc ju'tivo, " . 1 1 • •» * ■
* . . • ; n •_ V .1' v .
Vlv- > • k.\s . .-.'.uli : ho wl* )
t iii.* in announcing cspcci^ili'v
• v \\ \\. wi.c:i :he
point to so many offerings, s,
considered wise. r.s delay is of'en
dangerous*. To wait too long {
sometimes means that your,
friends may commit themselves
j to the other fellow, thinking you ■
j are not to be in the race.
I. 0. Pyrtle To
Do Business Here;
J. O. Pyrtle. of Westficld. will
j open a fertiliser warehouse here
j next week, having taken the!
! agency for Robertson's fertilizers
at Pilot Mt.. Daabuty and Walnut j
Cove.
Mr. Pyr tle is a well known j
business man of the county, andl
a tobacco buyer on the Winston-
Salem and South Caiolina mark-,
ets. He expects a car of the well
known Robertson's guano this
week, which is one of the finest
tobacco fertilizers peculiarly ad-1
apted to the soils of this section.!
Bryant White
Out of the Hospital
Will White, of Walnut Cove,
here Wednesday, reported that his
brother Bryant White. lately
seriously injured in a car wreck!
at Richmond. Va.. was now out
of the hospital. He is expected '•>
visit Will 'his Faster.
i
Court Next Week, j
The regular spring term of |
Stokes criminal court begins next j
Mondnv with Judge John 11. Clo-
I
rr.ent presiding and Solicitor H. L.;
Koontz prosecuting. The term-
I
will doubtless continue a whole
week, as the docket is heavy.,
There will be no civil term of |
court the week following, as this
i
has been postponed. (
than SIOO will be disbursed in;
cash. For example, a loan of'
$90.) would be made in a S500;
bond, four SIOO bonds and the >
resK in cash. In addition, to pro-'
vide for certain debts, such as
taxes which cannot be paid in !
bonds, cash covering the required
amounts will be provided.
"Loaus which have been ap-!
plied for and approved, but on
which the cash ha" not been paid
out. as well as those approved by
tV; bank in the future, will be
| on the above basis. Thi
ars"-■ng"ment in no way disturbs
or aU-.-rs tl-e other provisions of
the lotnM. The intere. t r:i!e on
it' .v 1 .ms: will continue to ho
■ll-2 per cent, for the emDrgency
• *.!o ! wlro'i made throrgh a na
tional frrm lonn association ard e
,) pp r cent, when made directly '
bv ban!;."
THE DANBURY REPORTER
LIST YOUR PROPERTY FOR
TAXES
T.-\ listing to;- (iic county (.i Miim'i will Mart Monday.
April J. air.l (o:r.it!Ue :>> *;.■> V, !?):'.«. Ali tavpav
vi-, :: : pro[ m".;, e:!y an.' evade the pen
al; v. i ...It: .• i.i : •; ;> ««(lp jusi taxation
v * i:.: p (« tic penalty of 'i.i
! "•' ' "* :•; :> ta\ ■:! ;i« who arc li:\-
!>!" ' •»r ;■ p..ii ■ . :..i i.rj 0., vc i'';eaiM'lu'.-> in, and
ail D.iii |)tM;;;-ry •;.» i.'ii list if, will he deemed
i'y it- a : -jior, tor.vU'lion, thud or
i iusi-.: he !
'lfor i ». irs stofc#*. imlv
"» l - i tr. :r.cl :• i ! at ;:!» o.lis".- tii.ies fro:::
'' •' :•» > i\ ' :•! •i: ir 1 • ;:••• :
?. r . ? . • \ it. re, - si.! £•'. !.
i:. 'ur;\ . v,
5 rins M '.!. A;>:!! !7, i. .
. !;>., . ■ : ! !,
ley's \U.
!•' ii. i\ i«- • St.jJii.ii, *.|»ril ?l, IDS I.
\i:( r-..#:«'■» • April 'i'). U»34.
>lcr{ '!I ••-iii. > vere. Apr:! 2."J, i 931.
I-.'. Brassy'.-. t\pril 28, 2 i\> o'clock.
Bea-i>'s floir.r, April 28, 8 to I'J >!.
W. i:. COLLINS, List-Taker.
DANBURY TOWNSHIP.
Court House in Dunhury, April 9, 1934.
Piedmont Springs, April lit, 8 to 12 M.
County Home, April 10, 1 to i P. M.
Mabe's Store, April 11, 19X4.
Priddy's Store, April 12, 1934.
Danbury Courthouse, April 14, 1934.
H. Ci. ALLEY, List-Taker.
QUAKER GAP TOWNSHIP
Vade Mecuni, April 6, 1934.
Sain .Mickey's Filling Station, April 7, 1934.
Vaden School House, April 9, 1934.
Sam Simmons' Filling Station. April 10, 1934.
Elmer Stuart's Store, April 11, 1934.
Flinty Knoll School House, April 12, 1934.
Koy Wilson Filling Station, April 13, 1934.
J. C. Hall's Store, April 14, 1934.
T. M. SMITH, List-Taker.
BEAVER ISLAND TOWNSHIP
Wall School House. April 9, 1934.
\. L. Martin's April 10, 1931.
C. A. Wall's Store, April 11. 1934.
Pine Hall Pipe Plant, April 12, 8 to 12 M. i
Pine Hall Brick Plant, April 12, 1 to 4 P. M.
Dillard. April 13, 1934.
Pine Hall, April 14. 1934.
WHiT MeCOLLLM, List-Taker.
SNOW CREEK TOWNSHIP
J. Moi r Hawkin's Store, April 6, 1934.
J. I). Nance Store. April 7, 1934,
Buffalo .Joyce's Store, April 11, 1934.
A. M. Shelton, April 12, 1934.
Beasley School House, April 13. 1934.
Willis Moore's Store April 14, 1934.
•I. A. Wall's Old Store, April 27, 1934.
K. L. Zi>;tar's Store, April 28. 1934.
GLADYS JOYCE, List-Taker.
MEADOWS TOWNSHIP
Meadows, April 10, 1934.
Friendship, April 11, 1934.
Wilson's Store, April 12, 1934.
John M. Bedding's, April 13, 1934.
S. 1.. Holland, April 18, 1934.
(■ermantoii, April 19 and 20. 1934.
W. C. JONES, List-Taker.
YADKIN TOWNSHIP
King, April G, 7. 17. 18. 27, 1934.
Pinnacle, April 13, 14, 19, 20, 1934.
Sisk & Holder Store, April 10, 1934.
Dalton, April 21, 1934.
Cape!la, April 23, 1934.
Mt. View, April 25, 1934.
Dr. Tuttle's Store, April 16, 1934.
Perch, April 28, I to 5 P. M.
\\ ILBER LANE, List-Taker.
SAURATOWN TOWNSHIP
Walnut Co\e, April G and 7, 1934.
Walnut Cove, April 12, and 13, 1934.
Stuart School House, April 17, 1934.
Freeman's, April 18, 1934.
Walnut Cove, April 27 and 28, 1934.
MRS. R. W. SANDS, List-Taker.
PETER'S CREEK TOWNSHIP
Frank Wright's Store. April 9, 1 to 5 P. M.
W. S. Hurt's Store. April 10, 1934.
McHone Garage, April 11, 1934.
R. M. Smith, April 12, 1934.
M. J. Fagg, April 13, 1934.
Walter Bcnn.'tt's Home, April 14, 8 to 12 A. M., 1934.
W. W. Rhode's Store, April 14, 1 to 4 P. M.
Lnwsonville, April 21, 1931. >
Lawsonville, April 28, 1931.
F. T. TILLEY, List-Taker.
B. P. Bailey,
Accountant aril TAX Supervisor of Stokes County.
ooooooooooooooooooooooooooooooooo
Winston- Always Shop
0 Salem's # Davis' First
X Newest Depart- //V/ // V for the
0 r.ient Store. Newest
0 INCORPO It A T E D
0
0 Wi:sr FOI'RTH ST. AT TRADE
—AND STILL THEY COME—
-0 More Beautiful, More Stunning 1
$ Than Ever . . . the New
o sCX a«i> )l /i
o
a S»vag-g'er and V/jid'vlown
'J
> i.iiow yuu'li like t'u'ia. .. .irresi«.t_!i!v sir.art. .
0
0 t! brt-ivj ido»n-aiong-hy-Mte-wind effect is ac'iieved in
v ,i , ...
A t.-ev i.rv, .'!rv.:>.d s.,eep;ng styles. Coa's |?(» fist
- : v.itit their fitiiness iu fro;»t, the collar
0 h;;.-. «;cv i». «;:«• hack of the m-.-Jt and sfan lU up
0 i
\ si.'iic !v..ve v» .it-.- .lUjije (ollars.
1
Navy and Smart Colors.
| $16.95 to $35
o
0
1 ~
8 You '" F 'nd
a V_ /*•+ New Prints
0 «•' Anrt*. ' Sheer Crepes
1
oooooooooooooooooooox>ooooooooooo
LET'S DOLL UP FOR EASTER!
Easter Permanent Waves from The Willis Shops mean
Beauty, Loveliness and Satisfaction for Easter and the
summer months.
Rain, wind or sun does not take out the permanent
waves we give. They are the kind that last.
Place your hair and skin in the care of our seven skilled
barbers and operators and you'll be delighted.
J. M. WILLIS Bobber & Beauty Shoppe
114 Reynolds Bldg., Phone 6073 Winston-Salem, N. C.
Women and Children Exclusively.
Better Breakfasts
WHAT! No bacon nor Oftrs? Italsnl I'runcs icith lemon Peet
Well, do we always have to Uailfil tir Sleanint Rice with
servo bacon or esss. for Crated .W apt# Sugar
breakfast? If you belong to I h" I fimapptr ItrcuLjuil Cake
followers of the bettor breakfast Cofj\c
campaign, you will enjoy one ... ~ ~ o-..
breakfast a week that onma these , ' Co*'-- Sift
two favorites. prov;din K it affords »»''hir oiie cu»» oiio-cißhth
something else very B ood und Uif- «» l - ,v ;° bak
ferc-nt ins powdir r.nd ono tablespoon
1 sim.ir. Cat cr r*:b in three table-
Vary Your Menus ■ snoot.s eUorU-n!::.:. Add one v/ell
bc-nten i'.'-'.s a' .1 two tabletspootis
Winter appetites demand va-1 mill:. i'a! cut i"..0 a round
riety in foods, more i>a!:> d dishes 1 --Teased tin. Druin thoroughly
and sustaining menus. Try baked iho eruvbed jiitieapylc from an 8-
fruits for a change, anil hot break- | outn:o ca", an-! si*n .id over the
fast cakes arc aiso delicious. { top. Sprinkle viih one-lialf cup
The following menu Miirirests a lirov. n Ei.sa:-. an 1 d-.«t with two
different way with brca'f'a-t fruit, t.iblc:-poo!"i bnitc.r. i'.aUe in a hot
an innovation in cereal, and a wry oven—MO ,ii-;;n-es Ijr fift":-n to
delicious breakfast cake instead of twenty mi!iu' s. Serve hot" 4 This
toast. Try it. , serve.-! from fcur to sis persons.*
WEDNESDAY, MARCH 28, 1931