IN APPRECIATION We would like to express our appreciation to the physician, funeral home, and our many friends for their sympathy and m?ny acts of kindness shown us at the time of our recent bereave ment. Also for the floral offerings. The Family of Ira Prank Burch Miss Moody Makes College Dean's List Miss Julia Moody, daughter of Mr. and Mrs. Truman Moody, of Franklin, was among the stu dents who made the dean's list at Western Carolina College, Cullo whee, for the spring quarter. Miss Moody is a rising senior. Announcement . . i ? 1 Mr. and Mrs. Fred Salaine have recently purchased the business in South Franklin formerly known as Mills Grocery. Mrs. Salaine (formerly Mary Lou Bur rell) will manage the store. To win your business we are in the process of restocking the store. The patronage of friends and neighbors will certainly be appreciated. LOU'S GROCERY V New Rates = ON ? Tire Recapping Due to the recent tax increase of 3 cents per pound on rubber and to other increases in costs, we find it necessary to raise the charges for tire recapping 50 cents per tire. New rates, now in effect are: 600-16 $8.50 760-15 $10.50 670-15 $9.00 650-16 $10.50 710-15 $9.50 700-15 $11.50 800-15 $12.00 All the above prices are on Full-Cap. Franklin Tire'Shop Rickman s[T ire Radiator Shop DEATH TAKES L F. BURCH IN HOSPITAL Georgia Native And Franklin Resident Buried On Saturday Ira Frank Burch, of Cornelia, Ga., and Franklin, died Friday at 9 a. m. In a local hospital at the age of 64. Funeral services for Mr. Burch, a carpenter and service station operator, were conducted Satur day at the First Baptist Church by the Rev. M. W. Chapman, pas tor, and the Rev. A. Rufus Mor gan, Episcopal minister. Burial was in Woodlawn Cemetery. Born October 7, 1891, In Towns County. Qa? he was the son of C. C. Burch and Mrs. Georgia Sims Burch. of Swannanoa. He worked as a service station oper ator for Cornelia Motors in Cor nelia. In 1911, Mr. Burch was married to Miss Ruby Ann Hogsed, ?who survives. Other survivors Include three pons, Woodrow, of Cornelia, Maurice, of Franklin, and Bob Burch, of Hayesville; four broth ers, James Burch. of Canton, Will iam Burch, of Gastonia Herman Burch, of Pisgah Forest, and Charlie Burch, of Gainesville, Ga.; five sisters, Mrs. Waco Carroll, of Swannanoa, Mrs. James Icley, of Black Mountain, Mrs. Edward Devlin, of Canton, Mrs. Eugene Craig, of Waynesville, and Mrs. Tom Forrester, of California; and 12 grandchildren. The following nephews were pallbearers: Willis Hogsed, Evan Hogsed, Allen Hogsed, Zeb Luns ford, Benny Joe Craig, and Eugene Craig. Bryant Funeral Home was in charge of arrangements. News From Tellico The Rev. Glenn Dills, of Nan tahala, has been reelected as pas tor of the Tellico Baptist Churcli for another year. Mr. and Mrs. Charley Smith and family, Mr. and Mrs. J. L. Smith and sons, Mr. and Mrs. Leonard Smith and family, all of Rock Hill, S. C? are here visiting their brothers and sisters-in-law, Mr. and Mrs. Arlln Smith and the Rev. and Mrs. Jud Smith, and Miss Beauna Smith. Mr. and Mrs. H. C. Jones and children, Helen and Jimmy, Mr. and Mrs. Qulnton Thomas and daughter, Diane, Mr. and Mrs. Bob Merrill and daughter, Sandra, all of Ashevllle, were recent guests of Mrs. Jones' parents, Mr. and Mrs. Vance C. DeHart. Mr. and Mrs. Charles Brunner and daughter, Nancy, of Los Angeles, Calif., have been visiting Mrs. Brunner's mother, Mrs. Rob ert Ramsey, and her sister. Miss Nancy Ramsey. Mrs. Grace Barnard, of Hia wassee, Ga? Perd Ramsey and son, of South Carolina, recently visited their father, George Ram sey. and other relatives. Mr. and Mrs. Vance DeHart and granddaughter. Jean DeHart. vis ited their daughter and son-in-law. Mr. and Mrs. Weaver Cochran at Nantahala, recently. Miss Jesse Lee Morgan has gone to Washington, D. C.. where she is employed by the F.B.I. CLEARS $155.19 The Mulberry Home Demonstra tion Club recently cleared $155.19 with a benefit affair at Otto School. The money was turned over to the Mulberry Methodist Church. INNERSPRING MATTRESSES \ From $22.50 And Up SOSSAMON Furniture Co. "Everything for the Home" Phone 67 Franklin FRANKLIN SHEET METAL SHOP HOT AIR MIAT CONTRACTOR SHUT MKTAL WORK AWNINOf AND OUTTBRING FURNACI INSTALLATION FURNACK CLSANING FURNACS REPAIR Phone 336 Franklin, N.C. NEW the cleaner that walks \on air ! glides on ?ft- Ixcluaiv* Doublo-Strotch Hot? ?^Ovinln Throwawoy Bag TdtKepIni Wand ?jt- N?w Fwtcail Colon $Q7.50 $95? DoWB I 52.50 Per Week ??? H walk on air at . MARTIN ELECTRIC CO. Franklin, N. C. Phone 107 Report of Condition of THE BANK OF FRANKLIN of Franklin, in the State of North Carolina, at the Close of Business on June 30, 1956 Assets 1. Cash, balances with other banks, Including reserve balances, and cash Items In process of collection $573,195.87 3. United States Government obligations, direct and guaranteed. .. 1,057,500.00 3. Obligations of States and political subdivisions 82,222.20 6. Loans and discounts (Including $ none overdrafts) 779,890.47 7. Bank premises owned $10,215.44, furniture and fixtures $6,652.11 16,897.55 (Bank premises owned are subject to $ none .liens not assumed by bank) 11. Other assets 6,145.21 12. TOTAL ASSETS $2,515,821.30 Liabilities 13. Demand deposits of Individuals, partnerships, and corporations.. $1,523,231.84 14. Time deposits of Individuals, partnerships, and corporations. 501,530.29 15. Deposits of United States Government (Including postM savings) 58,150.36 16. Deposits of States and political subdivisions 137,755.59 18. Other deposits (certified and officers' checks, etc.) 32,172.18 19. TOTAL DEPOSITS $2,252,840.26 23. Other liabilities 32,113.23 24. TOTAL LIABILITIES $2,284,953.49 Capital Accounts 25. Capital* ; $75,000.00 M. Surplus 75,000.00 27. Undivided profits 78,867.81 28. Reserves 2,000.00 29. TOTAL CAPITAL ACCOUNTS 230,867.81 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,515,821.30 *Thls bank's capital consists of: Common stock with total par value of $75,006.06 Total deposits to the credit of the State of North Carolina or any official thereof $29,238.40 Memoranda 31. Assets pledged or assigned to secure liabilities and ror other purposes $117,000.00 32. (a.) Loans as shown above are after deduction of reserves of.... 22,180.00 (b) Securities as shown above are after deduction of reserves of 7,000.00 I. H. W. Cabe, Cashier, of the above-named bank, do solemnly swear/affirm that the above statement is true, and that it fully and correctly represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief. Correct ? Attest: H. W. CABE, Cashier FRANK B. DUNCAN, VERLON SW AFFORD, R. S. JONES, Directors. State of North Carolina, County of Ma<con, ss: Sworn to and subscribed before me this 9th day of July, 1956, and I hereby certify that I am not an officer or director of this bank. My commission expires July 26, 1956. MARIE JENNINGS, Notary Public. There's no thrill like tlie high-powered thrill of commanding the Rocket t ^ There's no feeling like the secure feeling of piloting an Oldsmobile f There's no investment like the solid investment of owning an Olds f ? / And there's no time like the present time . to get the most for your trade-in ! V **W8 *88" HOLIDAY SEDAN O l_D SMOBI L_ E GET THE FACTS I GET THE FIGURES ! GET OUT OF THE ORDINARY... GET INTO AIM A QUALITY PRODUCT brooght to yo ? by AN OLDSMOBIU QUALITY DKALO I Conley Motor Company Dealer 830 Franklin, N. G - Bl CAIIFUl . . . D?IVI SAFILYI ? ?

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view