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Thursday, march is, PAGE FOUR THE FRANKLIN PRESS aaJ THE HIGHLANDS LIACCNIAN Cits nrnklht lxtss attt No Need To Hoard Published every Thursday by The Franklin Press At Franklin, North Carolina Telephone No. 24 VOL. XLVIIt V BLACKBURN W. JOHNSON. . .... . . . . . EDITOR AND PUBLISHER Entered at the Post Office, Franklin, N. C, as second class matter, SUBSCRIPTION RATES One Year .... Eight Months Six Months . Single Copy .'. . Don't be a hoarder! In the first place somebody may kill you to get ; your money. Secondly, it is a criminal act subject to a fine oi $10,000 or ten years imprisonment. Thirdly, you are unpatriotic because you are re tarding the financial recovery of your country, Then, lastly, there is no need to hoard. Naturally, Number ii i you vant your money to be in a safe place and, naturally, you haven t much faith in the banks unless the government guarantees deposits. But there are banks in which deposits are guaranteed the Postal Savings banks. ' V If vou have several hundred dollars, or possibly 'several thousands, hidden away, you are very foolish. ?1:50!r,pnro-P Drvman tVinncrJit hp fonld " better keen his W V- J W VW u. w v w w - monev at home than in the bank. He kept his money, ves: but he lost his life. A band of brigands, invad ing his home in search of the money, mortally in- $1.00 .75 .05: . ... .. . liured him. ' y . ' UDnuary notices, cards ot thanks, tributes ot respect, by individuals,;' pf ,. urrUA flirir1c In thp Pnctal vino's banks until the other banks are reestablished on a lodges, churches, organizations or societies, will be regarded as adver using and inserted at regular classified advertising rates. Such notices will be marked "adv " in compliance with the postal regulations. LEGAL ADVERTISEMENTS LEGAL ADVERTISEMENTS WHO SHALL ENTER "Not erery one that taith unto hie, Lord, Lord, shall enter into the kingdom of heaven; but he .that doeth the will of my Father which U in heaven." Matthew 7:21, Arbor Day TOMORROW is Arbor Day. In many communities throughout the land, especially in sections not so fortunately endowed with trees as our own beautiful country of forests, thousands of seedlings will be set out by school children and civic societies. . : Here, where there is a plentitude of trees and near- Arbor Day. Likewise, many of us are inclined to undervalue the rich blessing which the Creator has bestowed upon us in the form of magnificent wood lands. Shade trees are so little appreciated for their beauty that proposals are frequently made to cut down the venerable maples on Main street. Per haps they roots are troublesome when they get into sewer lines, but this can be corrected. Some of the trees have become gnarled and disfigured and a few are tottering with age and lack of attention; but let us get some new trees started before destroying the ones now standing. ' v Remove, the trees from Main street and Franklin will lose its saving grace, so far as beauty is con cerned. Some people think a white way would be more beautiful; with all due respect, we sincerly hope and believe that such persons constitute onlv a small minoritv. Without its trees. Franklin's Mai sound basis. You will draw two per cent interest and your money will be safe as long. as the govern- Iment of the United, States stands. If it doesn't stand. Ithen your money, is worthless anyhow. But . don't 'you worry, the government will stand! Postal savings deposits are limited to $4iUU to an individual. If you have more than that, put it in government bonds. Such a course as this would in sure safe-keeping of your money and, at the same time, put it into circulation, thus helping to speed financial recovery throughout the nation. NOTICE OF SALE North Carolina Macon County. By authority of the power of sale vested in the undersigned trustee by a certain deed of trust executed by Clyde Berry, unmar ried, to G. A. Jones, trustee, on the 1st day of March, 1932, said deed of trust being registered in the office of the Register of Deeds for Macon County in Book of Mortgages and Deeds of Trust in Book No. 32, page 386, to secure the payment of certain indebted ness in said deed of trust set forth and default having been made in the payment of said "indebtedness: I will," therefore, sell at the Court House door in Frankin, Ma con County, North Caroina, on Monday, the 10th day of April, 1933, at 12 o'clock noon, to the highest bidder for cash, the fol lowing described real estate: All the lands described in a deed from J. A. Berry and wife, Min nie Berry, to Clyde Berry, said deed bearing date of 15th day of December, 1930, and registered in the office of the Register of Deeds for Macon County in Book U-4, page 34. , This the 2nd day of March, 1933. G. A. JONES, Trustee M9-4tc-BofFM30 , LEGAL ADVERTISEMENT Clippings voulLi)eJike-lhousands-of-4)ther-main -streets that have become the brunt of well justified criticisms. It would become an tinviting-thoroughf are hot and barren, bleak and bare," according to the season a spot.bidding visitors to hurry past, not to tarry- It is too late now to plan a formal celebration of Arbor Pay, but there is still time for planting trees. .uilnennoreQrs-are-iv without any large outlay of money by town or coun ty. Doubtless, the county welfare office would be glad to cooperate by assigning to tree-planting pro jects some of the men employed with emergency re lief funds. The State Highway Commission, realiz ing the value of trees along roadways, also stands ready to cooperate. The commission has encouraged civic groups to engage in highway beautification programs and, to this purpose, has set aside Arbor Day as a definite time for the launching of such projects. - -Witha-little-well directed effort- collrtivefernfl individually, the people of Macon county can "make oHheirhomerandubliclaces-ga cite the envy and admiration of every passerby. Poor Richard's Philanthropy Benjamin Franklin once wrote a friend: I am sending you ten louis d'or (about $45). I do not pretend to give such a sum; I only lend it to you. When you shall return to your country with a good character, you can not fail of getting into some business that will in time enable you to pay all your debts. In that case, when you meet with another honest . man in' similar distress, you must pay me by lending this sum to him ; enjoining him to discharge the debt by a like operation, when he shall be able, and shall meet with such another opportunity. I hope it may thus go through many hands, before it meets with a knave that will stop its progress. This is a trick of mine for doing a great deal of good with a little money. 1 am not rich enough to afford much in good works, and so am obliged , to be cunning and make the most of little. Franklin's simple wisdom is proverbial. One can not help but wish in these times of financial stress that we had a Poor Richard to give us homely ad vice. All our economists talk in such high falutin' language and most of our politicians just muddy the water when they try to explain our plight or point the way out of it. Beniamin Franklin is dead and gone andthere isjittle Jikelihood ofthisjgeneratiQri producing, his counterpart; never-the-less, there is a lot to be gained by reading his writings. The quotation above is seldom seen and. hence, all the more interesting. It discloses Franklin's abiding faith in his fellow man and a kind of personal phi lanthropy much needed in the world today. If everybody would "make the most of little." as Franklin did, the depression would only be an oc casion for public spiritedness, instead of a national calamity. THE LAW OR THE LEAS Times may be very serious, but North Carolina and Tennessee are providing amusement and diversion for the whole country in the ri diculous fashion in which they are permitting the Leas, father and son, to go on with their golf in spite of the fact that two sovereign states have agreed that they be long in. the North . Carolina State Prison. On Sunday the New York Times devoted a column to the "comedy drama" being played at the ' ex pense of the sovereignty and dig nity of the states of North Caro lina and Tennessee. The Times sums up the comedy as follows : lore T thanthrlfe"weeks ago Gov ernor Hill McAhster honored a requisition from North Carolina for the extradition of the two Lasruridertheircomicliorriffthe Asheville" banlc case, tut so far the entire legal machinery of the states has proven unequal ;rto the task of turning them -over to the neighbor Commonwealth and that, althouglithe JLeasjexcepLJata few days, have not been in hiding, have not left the state and have boldly displayed themselves in con spicUOusHplaces: -Governor Mc ATTster was urged to send a com pany of state militia to take the two men into custody, but found that he had no authority to do so. So the state executive can make no further move, the North Caro lina officers are playing a waiting game and the Leas seem to have a permanent lease on liberty and license to roam about the state so long as they keep away from territory that is unfriendly to them Such an almost incredible story would make a very merry mclo drama but the people of North Carolina are getting a little bored withhe-proceedinglThe: time- hasj NOTICE OF SALE North Carolina Macon County. By authority of the power of sale vested in the undersigned trustee, by a certain deed of trust executed by Lake Emory Com j pany to George B. Patton, trus tee, on the 23rd day of December, 1926, said deed of trust being reg- istered in the office of the Register i of Deeds for Macon County in Book of Mortgages and Deeds of Trust No. 30, page 402, to secure the payment of a certain indebted ness in said deed of trust set forth and default having been made in the payment of said indebtedness : I will, therefore, sell at the. Court NOTICE OF SALE North Carolina Macon Count; Under and by virtue of the pow er of sale contained in a deed of trust given by Oscar Conley and wife. Nina Conley, to the under signed trustee, dated July 15r 1929, and recorded in the office of the Register of Deeds for Macon County, North Carolina, in Book No. 31. of Mortgages and Deeds of Trust, Page 204, and default hav ing been made in the payment se cured by said deed of trust and demand having been made on the undersigned Trustee to exercise the power of sale contained in said deed of trust. I will, on Saturday, the 25th day of March, 1933, at 12 o'clock noon, at the court house door in the Town of Franklin, North Carolina, sell to the highest bidder for cash, to satisfy the amount secured by said deed of trust, the following described tract or parcel of land : That tract or parcel of land situ ate in Cartoogechaye Township, ad joining the lands of John Slagle, A. B. Slagle and others, and being the land now occupied by Mrs. SaHie Pope and J. D. Pope and being the land inherited by Os car Conley from his father which was deeded by Ambrose Conley to J. P. Conley, it being about six miles west of Franklin, N. C, con tainine about eiehtv (80) acres. more or less. This 21st day of February, 1933. FRANK I. MURRAY M2-4tn-M23 Trustee friendly skies bend over the earth. The sun, moon and stars are still in their places. We still are blessed with the summer rains and the winter snows. Seed time and harvest have not failed to make their seasonal visits. The moun-i House door in Frankin, Macon tains have not been carried Into! County, North Caroina, on Mon the sea, and the rivers as usual day. the 10th day of April, 1933, NOTICE OF FORECLOSURE SALE OF LAND North Carolina, : husband, Steve Stockton, M. S. Bates, executor, and Geo. Patton, guardian ad litem. Pursuant to a judgment entered in above entitled civil action by his Honor, Frank S. Hill, Judge presiding, November Term, 1932, of Macon Superior Court, I will, on the 3rd day of April, 1933 at 12 o'clock noon, at the county court house door, in Macon County, sell at public auction to the highest bidder therefor, the following de scribed land situate in said county and state, in Franklin Township, comprising 78 acres more or less, and bounded and described as tol Iows : Situate, lying, and being on " the South Skeener road about 5 miles from the town of Franklin, having such shapes, metes, courses and distances as will more fully appear by reference to a plat thereof, made by W. N. Sloan on Novem ber 5, 1921 ; being bounded on the N by the lands of C. F. Hender son, on the E by lands of J. M. McConnell, on the. S by lands of Bates Brothers and R. Stamey, on the V by the lands of Bates Broth ers and R. Stamey and C. F. Hen derson, being the same tract of land conveyed by J. G. Addington, et al, to J, R, J. W., and N. S. Bates, by deed dated April 11, 1917, and recorded in office of Register of Deeds for Macon County in. Book A-4 of Deeds, page 391. The terms of sale are as fol lows: One-half of the accepted bid to be paid in cash and the balance in two equal annual in stallments with interest from dat of sale. seek their ocean home. Our 3tore- houses and barns are full. Some complain that they are too full. In 1933 we have as many churches, schoolhouses, colleges, universities, dwelling houses, storehouses and highways as we had in 1928. Fire and sword hath not laid waste on our fields and cities, neither has pestilence walked in darkness nor destruction wasted at noon day. In a wprd, we have in 1933 about everything of a material sort that we had five years ago, even to our debts It is most emphatically true that our inflated values are gone, and if ourdebts were deflated-toheTegistered-iir-BookJH page-540r same extent that the market values of Teal estate, -stocks, bonds and everything -of -a inaterial -sort -have been deflated most of us would be onasy street and. abiout as rich as we formerly were, except on .paper. at 12 o'clock noon, to the high est bidder for cash, the following described real estate: Lying and being in ' the County of Macon, Franklin and Millshoal Townshipe, North Carolina, and bounded and described as follows: All the lands described in the deed of trust above referred to which said description is made part of this advertisement, con sisting of the lands conveyed to the Lake "Emory Company by the seven following deeds: Deed from B. J.-Downs and "wife", registered iriB66kTJ-4rip441 deed from W. J. Zachary and wife, -deed from . W. R. Pressky and wife, ref istered in Book J-4, page 432 j -de ed f rom-XAVVcodalLand wife, registered in Book K-4, page 333 ; deed from George B. Patton. commissioner, registered in Book TTage-418rdeed f rotrrR D. The foregoing does not purport' Sisk,' commissioner, registered in to be a discussion of the present: Book J-4, page 420; deed from muddled condition of the business; Virco Mincey and wife, registered world. We offer these few sug gestions to indicate that we are not much worse off than we were when we boasted about being the richest people on earth. NORTH CAROLINA CHRISTIAN ADVO CATE. . GUARANTEE ALL DEPOSITS All bank deposits must be- guar anteed in full by the Federal gov ernment. Without such guarantee banks come to act against the. arrogant! will not be able to open tor tull- Leas as the twotateswpuldact if they were petty thieves instead of big bank looters. In both North Carolina rand -Tennessee -the- ending of this Lea farce would help re vive public confidence in demon strating that the states can act with vigor in punishing bankers who were instrumental in pulling down public confidence in banks and bankers to the present col lapse. , And when the Leas do come to North Carolina, if they ever do, their present contemptuous attitude toward the state and the law should be remembered when their lawyers come, as they will come quickly, to urge that they be pardoned or paroled. The state should forever be as slow in releasing them as they -are-nowslow inubmittirig themselves . to the majesty, of the law. i , . 1 For the present the comedy has become a contest between the law ana tne Leas ana the average citizen is not all sure that the law will win. RALEIGH NEWS AND OBSERVER. NOT AS. POOR AS WE THINK Five years ago we heard it said on every hand that the United States is the richest country on the face of the earth, and the more enthusiastic took in even more ter ritory and declared that it is the richest country in the entire his tory of the human race. But we have stopped our mouths on that line of talk. Our boastings have been turned into bitter com plaints. We now cry for bread and beer. Why thii difference? The lamtl Any other plan will cause "iii justified failures among many smaller banks,willrevivebank panic, and drag the big banks down in a general collapse. Scrip issues won't help. Smaller banks cannot avail themselves of scrip. They do not have sufficient free securities, not already pledged with the Federal Reserve and the Reconstruction Finance Corpora tion, to hypothecate for scrip. Partial guarantee' won't help Without a 100 per cent guarantee, depositor confidence will still lag. Complete guarantee alone will re store confidence to the people, and hoarded funds to the banks. Con gress must guarantee all bank de posits today. . " ; Blind bankers talk-vaguclyabout "cleaning up the situation," by per mitting weak banks to go into in solvency, and supporting strong ones only. This is vicious nonsense. It is like cleaning the streets when the town is on fire. Fundamental bank reform must come later, When it " does come, it must be effected, without loss to depositors. Fundamental bank reform can wait. Guarantee must come at once "The bankers talk grandiosely about distinguishing between "good" banks and "bad" banks. and guaranteeing only "good" banks. ' But the depositor is the one who suffers in bank insolvency. Are we going to distinguish between "good" depositors and "bad" de positors? We can classify banks as first rate, second rate, and third rate. Who can classify depositors? PHILADELPHIA RECORD. m Book iw, page 04; togetner with all other lands of every kind, nature and description, wherever situated, and all rights and. ease ments that may revert to .the Lake Emory Company, its successors and assigns, at any time - in the future; and in addition thereto, all rights or easements that the Lake Emory Company may own, as evi denced by a contract between the' Town of Franklin and the Lake Emory Company. c GEORGE B. PATTON. Trustee M9-4tc-BofF.M30 , NOTICE OF SALE North Carolina Macon County Under and by virtue of the pow-r er of sale contained in a deed of trust executed by W. W. Donaldson and wife, Hattie Donaldson, to the undersigned trustee, dated June 16, 1932, and recorded in the office of Register of Deeds of Macon County N. C, in Book 33, of Mortgages and Deeds of Trust, page 47, a-nd default having been made in the payment of the amount secured by said deed of trust and demand having been made on the under signed trustee by the holder of themoteseaif edjFsaiddeedof trust to exercise the power of sale contained in said deed of trust I will, on Saturday, the 25th day of March, 1933, at 12 o'clock, noon, at the court house door in . the town of Franklin, Macon Xounty, N. C, sell to the highest bidder for cash to satisfy the amount se cured by said deed of trust, the following described . tract . or par cel of land Maoon County Federal Land Bank of Columbia ' vs.. ! T K. Lewis! Ella Lewis. L. K. Moffitt, J. Frank 'Ray, trustee, Alex Moore, Hermie Stockton, D. C. Stockton, Robert Stamey, trustee, C. W. Hames, Charles Fulton, H. Arthur Osborne, and Bank of Franklin, and Robert . Fulton. Pursuant to a judgment entered in above entitled civil action by his Honor, Frank S. Hill, Judge nresidinsr. at the January Special Term, 1933, Macon Superior Court, I will on the 3rd day of April, 1933, at 12 o'clock noon, at county courthouse door, in Macon County, Franklin, N. C, sell at public auc tion to the highest bidder therefor the following described lands : All that certain parcel, piece, or tract of land, containing 27 1-4 acres more or less, situate, lying, and being, on the Georgia Road about 2 1-2 miles South from the Town of Otto, .N. C, in Smith bridge Township, County of Ma con," having such shapes, metre courses and distances as -will more fullyappear by-reference to a plat thereof made iy CW-Slagle, surveyor, and surveyed by ' C. R. Cube, surveyor, on the 6th day of March, 1918, and being bounded orT"theN b"y"thTand of Jas. Cabe, and on the E bynSe lands of Wm. Ledbetter, on the S by lands of J. C. Brabson heirs, and on the W by the lands of Robert McPherson, this being the same tract of land heretofore conveyed to said John N. Lewis by L. C. Holbrooks and wife, S. A. Hol brooks, by deed dated April 21, 1913 and recorded in the ' office of Register of Deeds for Macon Coun ty in Book R-3, page 12. I will first sell that portion of the above described land which was conveyed by L. K. Moffitt to Her mie Stockton,! For a description of-samci-reference is - -made to the deed recorded in the office of Reg ister of -Deeds-for-Macon County, N. C. Should this parcel of land not bring the full amount of the abovfe-judgmentand "costs" rrwill then sell hte whole tract. ' The terms of sale are as follows This land will be sold for cash. All bids will be received subject to rejection or confirmation by the Court, and no bids. will be ac cepted or reported unless its maker shall deposit with the Clerk of Court at the close of the bidding $50.00 as a forfeit and guaranty of compliance with his bid,, the All bids will be received subject to rejection or confirmation by the Court,ndlio'bid3"wiir beccepted; or reported unless its maker shall deposit with the Clerk of Court at the close of the bidding $50.00 as a forfeit and guaranty of com pliance with his bid, the same be ing credited on his bid when ac cepted. Notice is now given that said lands "will be resold st the same place and upon the same terms at 2 o'clock. P. M. oi J;he same -day, unless said deposit is sooner made. Every deposit not forfeited or accepted will be returned to the maker. This the 23rd day of February, 1933. R. S. JONES, Commissioner. 1 M9-4tc-J&J-M30 NOTICE OF SALE North Carolina, Macon County. In tha -Superior-Court' VW-J. Zachary : vs. SJRJoiaes,JJSt-ConleyHi Robinson, and S. A. Harris W. J. Zachary and wife, Maria Zachary vs. Trimont Park, Inc., J. N. Jarrett, and E. S. Galjoway. ; Pursuant to-an -order -entered -in aboveentitled-causc-by-"his-HonDrr Frank S. Hill, Judge presiding, at the January Special Term, 1933, Macon Superior Court, the under signed commissioners will . sell at public auction to the highest bid der for cash at the courthouse door in Franklin, N. C, at 12 o'clock noon on Monday, April 3, 1933, the following described real estate: All the lands described in a deed from W, J. Zachary and wife, Maria B. Zachary, to Trimont Park, Inc, dated June 1, 1926, and recorded in the office of the Register of Deeds for Macon County, in Book N-4,- of Deedsr pagei337,: "Arid -more :z particularly" described as follows : ' Tract 1. Being all the lands con veyed by deed by John P. Jones and wife to Wiley Zachary, dated January 31; 1925, : said deed being recorded in the office of the Reg ister of Deeds for Macon County in Book J-4, page 459, said tract containing approximately 360 acres, to which deed and record reference is hereby made for a complete de scription of same. Tract 2. Being all the lands con veyed by deed by W. B. McGuire and wife, to W. J. Zachary, said deed dated November 28. 1924. and ... .... r irrr n i-t tkn 4 i . l l 1 1 same being credited on his bid: . ' V OI ine when accepted. ! !stc,l of, DeecIs for Man County, Notice is now given that said ln ?00 J4' Pae 473. to which lands will be resold at the same'red a"(1 rrecord reference w here place and upon the same terms at! . 7 mad.c. for a complete descrip- Z.oyockELoOhesameday, Von io- tract containing approx- All the land described in a deed from W. C. Singleton and wife, to W. W. Donaldson, dated August 9, 1927, and recorded August 11, 1927, in Book 0-4, page 173, Office of Register of Deeds, Macon Coun ty, North Carolina, to which deed, as so recorded, reference is hereby made and had fot a more definite description of the lands hereby; con veyed. This February . 21,1933. R. D. SISK. Trustee unless said deposit is made sooner. Every deposit not forfeited or accepted will be returned to the maker. This the 23rd day of February, 1933. ' R. S. JONES, Commissioner. M9-4tc-J&J-M30 NOTICE OF FORECLOSURE SALE OF LAND North Carolina, Macon County'. In the Superior Court. Federal Land Bank of Columbia vs. J. R. Bates and wife Mary Bates, N. S. Bates and wife, Mary Bates, T. V. Ramey, E. W. Long, E. A. Dowdle, Lola Bates, Jesse Bates, Wiley Stamey, Alex Moore, Bank of Franklin, Carolina Provision Company, Cecil Pendergrass, Geo. Patton, trustee, Frank I. Murray, imately 800 acres. Tract 3. All the lands conveyed by deed from M, D. Billings and wife to W. J. Zachary, said deed bearing date of December 17, 1918, and recorded in the office of the Register of Deeds for Macon Coun ty, in Book E-4, page 78, to which deed and . record reference is here by made for a complete descrip tion, said tract containingapprox-" imately 75 acres. The successful bidder at said sale must deposit with the Clerk of Court, with his bid, 10 per cent of accepted bid, and unless he does, notice is hereby, given that this land must be re-sold at 2 o'clock, P. M. of the same day. This land will be sold subject to all taxes against same. This the 23rd day of February, 1933. R. S. JONES R. D. SISK. Commissioners. jtf Ray Penland, Emmer Stockton and MSMtc J&J M30
The Franklin Press and the Highlands Maconian (Franklin, N.C.)
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March 16, 1933, edition 1
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