Newspapers / The Franklin Press and … / Dec. 23, 1957, edition 1 / Page 11
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?%t fftroklin %tt& Ijigblaub# JHacontan SECOND SECTION ' Franklin, N. C,. Monday, December 23, 1957 FRANKLIN HIGH'S PANTHERS LOOK UP TOWARD A GOOD SEASON Members of the Franklin Hifh boys squa,d are (L to R) kneeling, Gary Clark, Gary McKelvey, Harold Henry, Coach C. K. Olson, Doug Pearson, Guy Duvall, and John Killian; back row, Harold Elliott, Clayton Richardson, Bobby Poin dexter, Don Ledford, Wayne Cole, Jack Hyde, Larry Brooks, and Gilmer Henry. Merry Christmas May Christmas Joy bloom brightly In your heart and home. And many happy memories of the season be yours to cherish. City Dry Cleaners Jack Sherrill, Owner I* News About People Mr. and Mrs. L. J. Ellis, of Fay etteville, arrived last Saturday to spend Christmas with their daugh ter and son-in-law, Mr. and Mrs. W. W. Sloan. Their son, L. J. El lis, Jr., accompanied them to Franklin, but returned to Fayette ville lor the holidays. Mr. and Mrs. John Wasilik left last week for a holiday visit with their daughter. Miss Elizabeth Wasilik, in New York City. Mr. and Mrs. Don Smith and son, left Sunday to spend Christ mas with relatives in Connecticut. Frank X. Murray, Jr., arrived last week end to spend the holi days with his parents, Mr. and Mrs. Frank I. Murray, Sr. Miss Freda Siler spent last week end in Winston-Salem visiting Mrs. Grayson Hall and Mrs. Sam Sewell. Mr. and Mrs. Dick Sloan and son, Richard, left last Sunday to spend Christmas in Charlotte with Mi's. Sloan's parents, Mr. and Mrs. John W. Clark. Mr. and Mrs. Donald I. Massey, of Raleigh, have arrived to spend Christmas with her parents, Mr. and Mrs. Lester Conley. David Reber, a student at Pat terson Episcopal for Boys, arriv ed last week to spend the holidays with his parents, Mr. and Mrs. Ted Reber. Mrs. Roane Bradley left last week end to spend Christmas with her mother and sister in Norfolk, Va. Mr. and Mrs. Frederick Slagle and family, of Forest Park, Ga., and Miss Mary Slagle, of Atlanta, Ga., have arrived to spend Christ mas with their parents, Mr. and Mrs. Fred Slagle and Mr. and Mrs. Cecil Crawford. Mr. and Mrs. Charlie Bradley arrived last week end from Kings ton, N. Y., to spend Christmas at their home here. Mrs. Bradley plans to remain in Franklin for some time. Keep good farm records. It pays! Poultry U one, of North Caro lina's most rapidly growing farm enterprises. Norfh Carolina has more dairy herds using the "Weight-A-Day-A Month" milk recording plan than any other Southern state. Mz ard in song, told in story, the Christmas message comes anew to lift our spirits, warm our hearts. At this happy time we extend friendly greetings to all. Nantahala Oil Company Construction And Repair Loans For Farms Can Be Financed By Local Agency The construction and repair of (arm houses and other farm build ings can be financed t>y Farmers Home Administration loans, Ray P. Hemphill, the agency's local county supervisor, said this week. He .said the same kind of farm housing loan program is available as last year when American farm owners borrowed $21,300,000 to construct, improve, or repair farm houses and other essential farm buildings. , Farmers Home Administration loans are provided only when a sank or other ltnder cannot ade quately serve the farm owner's credit needs, at the present time. I*he agency does not compete ivith conventional or cooperative lenders, Mr. Hemphill said, but does supplement the credit serv ices supplied by other sources. Borrowers agree to repay the hous ing loans within the shortest time consistent with their repayment abilities, but no loan schedule can jo beyond 33 years. The interest rate is 4 per cent, Although housing loans go only to farm owners, an owner may borrow to repair or build a house ar other farm buildings for his tenants or farm laborers. A bor rower must be an American citi zen. Any farm involved must be big enough and operated in such a way as to be considered an ac tual farm, and it must produce a substantial part of the operator's annual cash income. Farmers can not use farm housing loans to buy land or refinance debts. Mr. Hemphill cautioned loan applicants against starting con struction work or incurring debts for work or materials before their loans are closed, If they expect to obtain their financing through the Farmers Home Administration. j Farmers buy their building ma terials wherever they please, usu ally Irom local dealers. They ob- I tain their building plans from any reliable source they choase. The Farmers Home Administration has a limited number of plans that applicants may use if they want to. , 1 Caring construction the agency , makes periodic inspections to make certain that sound construc tion standards are followed. { Vets Administration Clarifies Pensions Veterans receiving non-service connected disability pensions from Veterans Administration are not affected by the recent in ' crease in rates of VA disability compensation for service-connect ed disabilities, the agency said in ; answer to numerous inquiries. | | Pointing out that the only dis ability compensation rates have been increased. VA explained that i many people mistakenly think the words, "disability pension" and ' | "disability compensation" mean i the same thing. Disability pension, according to VA, is paid only to a war-time veteran for disease or injury not ^connected with his service, and then only under certain condi tions. i Disability compensation, on the other hand, is paid to a veteran for disease or injury resulting from his service during either | wartime or peacetime. i Public Law 85-168, which be came effective Oct. 1, 1967, In creased only disability compensa tion rates. It did not affect VA disability pension. Q. I am in college under the Korean OI Bill, and I have Just about come to the end of my OI entitlement. If I run out of en titlement before the end of my semester, will I be allowed to con tinue my OI training? A. If your OI entitlement runs out after you've passed the half way mark of your semester, you will be permitted to continue under the Korean GI Bill to the end of the semester. Otherwise, your GI training will end when your entitlement expires. Q. I am a Korean veteran, and I've been thinking of using my OI loan rights to buy a house. Is there any hurry to buy a house, or do I have plenty of time? A. You have plenty of time. Korea veterans have until Janu ary 31, 1965, to take advantage of their GI loaii benefit. World War II veterans have only until July 25, 1958. Q. I am getting monthly disa bility compensation payments from VA which, I am told, are tax-exempt. If I save those pay ments and buy some property with them, would the property also be tax-empt? A. No. Tax-exemption does not extend to any property you might buy with your compensation pay ments. The property would be sub ject to taxes. HOLIDAY CLOSINGS The county A.S.C. office will close at noon on the 24th and all day the 25th. It also will close at noon on the 3 1st and all day Jan. uary 1st. A survey of herds of DHIA test in North Carolina shows that one-fifth of the state's dairymen are using latest developments iri handling milk on the farm. THEY BACK UP THE FIRST TEAM These boys are backing up the Franklin High boys on the basketball courts of the conference They are (L to &) Johnny Stamey, Tommy Rotem, Ronnie McCall, Jim Franklin, Eugene Hair* Douglas Baird, Jirfi Nolen, and Kenneth Hall. /essirujs /4s brightly as the Star of BethleheiJ shone in the heavens on the night that He was > ? born, so may the joy of Christmas shine in your heart and bring you JP happiness and peace. I HYATT'S GAS FOR LESS Open Christmas Day
The Franklin Press and the Highlands Maconian (Franklin, N.C.)
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Dec. 23, 1957, edition 1
11
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