Newspapers / The Enterprise (Williamston, N.C.) / Aug. 1, 1933, edition 1 / Page 2
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PAGE TWO THE ENTERPRISE ruHMiiit Inty Tuaaday and Friday by Tta ENTERPRISE PUBLISHING CO. WILL.IAMSTOW, NORTH CAROLINA. W. C. Manning Editoi SUBSCRIPTION RATES (Strictly Caah in Advance) IN MARTIN COUNTY r JIJO DM 75 lis months OUTBID* MARTIN COUNTY w J™. - 1.00 tlx month* —-—— No iabacription Received for Leaa Than 6 Month* Advertising Rat* Card Furnished Upon Reque»t Entered at the po»t office in Williamtton N. C., ~ »econd-class matter under the act of Congrei* of March 3, 1879. Addresi all communication* te The Enterprise and not to the individual member» of the nrm. ■ Tuesday, August I. 1933 Death Penalty for Kidnapping The death penalty is not too great a punishment "for kidnapping for money. The kidnapping game is getting to be one of the most popular money-making scheme of the day. Most murder* are caused by some impulse or passion. Kidnapping is quite different. Every case is cooll> and deliberately planned, with the cost counted. When men premeditate and commit such a crime, nothing short of death on the gallows should be meted out to them. The Man Who Is "Neutral" Rev. C. T Rogers dealt with the "neutral" in his sermon at the union service held at the Presbyterian church Sunday night. The text was taken from the book of Ol>ediah and dealt with the Edomites, who stood by and did noth ing while they saw Jerusalem destroyed, knowing it was wrong to see the people of God's chosen race de stroyed by the forces of Satan. And then they call themselves "neutrals," claiming they had nothing to do with other "people's affairs. Mr. Rogers held the neutral up as one of the most dangerous friends, one who will stand by and not raise a hand in a crisis; one who will not raise his voice when a great issue is af stake. For instance, there is the liquor question. Some jnvn will say, "I don't drink, so it will not hurt me," and they stand out of line and permit an avaricious and unprincipled type of traffickers sweep the coun try and legalize a business that has never contributed one iota to the uplife of any man, and thrives only on the weakness of foolish men, robbing them of their earnings, their morals, their self-respect, and finally dumping them in the gutter in some cases; a thing that bieth like a ser|*nt and stingeth like an adder. The sermon dealt particularly with the indifferent church member, who fails to go to church, and who fails to stand up for its principles. He cited the words of the I-ord, who epressed the wish that the people might be cold or hot, not neutral, and who later pun ished the neutrals because they would not take sides When every person becomes man enough to stand in line, either for the right or the wrong, it will be found that right will win. The thing that is sinking the boat in almost every great issue is the neutral, who will not do anything. He is generally a very poor citizen and not a very valuable church member. Put First Things First We like the spirit of the people in their support of our President in his efforts to improve business, and his success certainly merits the praise of the American people. The success of the campaign inaugurated by the National Recovery Administration has been wonder ful. It has given us new hope. We are happier. We are in better humor. In fact, we are better in every Yet we are possibly neglecting a more important thing—that is the Giver, and Preserver of Life, the Director of the Seasons, the Creator of the Land and the Seas, the One who sends the sunshine and the rain and the air we breathe. t The thing we need to do is to take a full survey of all of our blessings, consider our coming and going, and give praise for every blessing to our Creator first, and for our honest and wise rulers, too. Got What They Deserved Spam saye ot»r American society is too hot for their climate, although that is a very hot country. Our five American citizens, four men and one woman, seem to have taken charge of a hotel over there, beat ing up the servants and defying the police force. So they all landed in jail, which is good enough for them. Our American minister had to go to their rescue, and after succeeding in getting them out on bail, two, the woman's and one man's, passports were invalidat ed, and they are required to appear i(t police court daily to show good behavior until the trial. This is a shock to our modern society—ju«t to think that is a place in the world where the folks will sot stands for some things. Hen is hoping that a few more of our American "vampers" and loafers may go to Spain and get in Selfishness vs. Cooperation . Cooperation's greatest enemy is selfishness. No man can start any kind of a movement for the equal good of all that will be acceptable to some folks. There are some men who will not join the army unless they can be captain of a host; some will not cooperate in selling cotton, peanuts, and tobacco, because they fear they cannot outsell their neighbor; some refuse to plant crops in accordance with the recommenda tions of their government, because they fear they will have to yield a little of their selfish independence, or for fear that they will have to sell at the same price that their neighbors get. The National Recovery Administration is promul gating the greatest cooperative step ever undertaken by any country and should be extended until every man who is sheltered and protected by the govern ment is taught the lesson that the nation which pro tects people is entitled to the cooperaive support of every man whom it protects. When it becomes necessary for the curtailment of any product, whether from field or factory; those who refuse should lie taxed enough to take care of the man who does cooperate. When it is learned that we have more peanuts than we can use and the government asks a curtailment in acreage, any farmer may refuse, and he may even increase his acreage. In such case the farmer who cuts his crop should be paid a stipulated sum on each acre from a fund created by a tax on each bag pro duced by the farmer who refuses to cut. We still think selfishness is the greatest enemy of cooperation. Be Careful With Boys and Girls Modern parents are generally saying, by their ac tions, at least, "Let the children have a good time while they are young." A close-up look at the subject however, seems to prove their mistake. A large part of the education our children are getting today comes from some insti tution seeking to make money from their goregous ap|>etite for pleasure and thrills. The baseball clang, the moving picture epressions, the newspaper comics, and other kindred things are stifling out mathematical and geographical analyses, which are becoming foreign to the average modern ,mind. Novels are taking the place of deeper reading material, carrying the mind«off into an entirely new field, which will not produce the type of thinking that the world needs. If you raise a boy up on John Bunyon's "Pilgrim's Progress," you will have a citizen that values truth, honesty, and moderation in life. If you rjiise one uff in the modern way of going where you please, doing what you please, you will get a lot of fruitless lives, as well as many bad ones. He careful with the boys and girls, if you want good men and women. More Satisfactory Regulations The new interpretation and rules for collecting (he sales tax seems to be more satisfactory to both the merchant and the customer than the indefinite plan o|**rated during the first month. All merchants are now on the same schedule, and all sales are added and taxed as a lump sum. The new schedule went into effect Tuesday, August 1, after one month of trial under the first schedules.^ July collections will be reported and paid in to the tax commissioner by August IS, So far, no estimate has been made of the July collections. While the merchant has the trouble of collecting and the buyer has to do the paying, yet the law should be given a fair trial Wanted—A Big Blanket News and Observer Announcing the adoption of a blanket code involv ing 20,000 employees, the K. J. Reynolds Tobacco Company emphasizes the fact that it has never re duced wages and that its office foice is already on a five-day week. One hopes that the blanket code that soon will cover all industry will be broad enough to afford some measure of protection for the tobacco grower whoae penury has made possible the full pay envelopes and the fat profits of the manufacturers. " Forty Hours Not Enough Work Is forty hours enough for man to work in a week? We fear not. Man, without the help of a machine, cannot make a living working 40 hours a week, and if he has a machine and makes a living in 40 hours or less he has the advany»ge of the man without the as sistance of the machine. Then, too, much spare time is generally a very dangerous thing. The folks that work most are seldom found in jail. The ratio of income to hours worked is very im portant and if 40 hours is adopted as a standard work week now,, it will be a matter of only a short time until we reduce that to 20 hours, and let the machine make up the difference. Too little work may prove detrimental to our civ ilization, unless we learn to make the best use of our leisure. Office-Seekers Not Wise J We see in the papers that lots of people want of fice. Well, they are not wise. It is far better for any good man fitted for office to go out on his own hook and be free to work or play and handle his own money. Office ruins more men, in finance, pleasures, and character, than it makes. Our advice to every man is to keep away from any job that robs him of his independence and makes him bow to the dictates of grafting politicians. THE ENTERPRISE AUTOS, TRUCKS ARE INCREASING Registration Shows Decided Increase Over Number Of Year Ago Raleigh.—Automobile registered in j North Carolina June IS numbered 35,- '123 more than three months before, and trucks numbered 14,268 more, even though the present automobile ( 'registration is 21,737 less and the truck registration 2,666 more than yfAr ago, figures in the office of L. P. Harris, director of the Motor Ve hicle Bureau', show. The figures show that the automo-! bile registration in the State June 15 ( was 262.214, as compared with 227,- l9l three months before, and 284,- 051 a year before, and that truck reg j Utratipn June 15 was 57,143, as com ! pared with 42,875 three months before and 54,477 a, year before. This com pilation does not include the increaaed registration for the half-year, stari ng July 1, of either year, but those the past few weeks are shown to be larger. Kven during the depression periods tracks held up and in most cases showed increases, while automobiles were dropping in number rapidly, due probably to the habit of turning the family car into a farm or delivery truck. iuil/urd with 18,875 automo biles for the last count, followed by Mecklenburg with 16,875; Forsythe with 13,720; Buncombe with 11,000; and Wake with 11,015. Guilford also lead" with trucks, 2875; followed by Mecklenburg with 2,750; Forsythe wrfth 2,300: Wake jwfth 2,300; *nd Buncombe vith 1,980. —♦ STATE TO LOSE FEDERAL AID Special Session of Assembly I May Be Needed To Care For Relief Problem Raleigh.— Although nothing hai been officially given out by the Direc tor of Relief it has been rumored, and it is more than probably true that Federal Relief Funds will be cut off very soon and that the director has been notified to this effect. Tim will make good threats which the Wash ■>": nJade last week that FIDELITY MUTUAI T LIFE INSURANCE COMPANY Philadelphia, Pa. - J Condition December 31, 1932, A. Shown by Statement Filed ESS "A SSU " 5 ''"" 754, " ; A1U271.11; ....I- $20,133,. DislSienta-to policyholders, $14.804,722 07; miscellaenbus, $4,393,282.88; s::s:^ 676,589 00. Value of real estate (less amount of encumbrances) $ 3 10897H094 Kid Vl" «>"* -«p.ny ß Police assigned Premium 1S«.» PoHeie, in »«« (of which $105,014.16 is for first year's premiums) 29,678,916.58 Net value of bonds and stocks *Bl2 422.01 (ash . 1,610.121.94 Interest and rents due and accrued 2,101,148.22 Premiums uncollected and »lelerrei 423 906.96 All other assets, as detailed in statement • $99,783.028 35 i To,al ■ . J 1,028,578.90 Less assets not admitted _________ ... $98,754,449.45 Total admitted assets Liabilities Net reserve, including disability provision * 7 ' " j Present value of amounts not yet due on supplementary con- 25J9577 52| tracts, etc. 560,930.78 Policy claims 2 790.582-28 Dividends left with company at interest 338 369.12 Premiums paid in advance 181602 32 Unearned interest and rent paid in advance 8L150.21 Commissions due to agents ... 97a on 11 Estimated amou.it payable for Federal. Mate, and other taxes 278,528 33 Dividends due policyholders 2116,103.72 429 445 95 S9B 754 449.45 '° Buaineaa in th« Sute of North Carolina During 19 " JR1)1NARY No. Amount Policies on the lives of citiiens of said state in torce Decern- 555 , 5907 her 31st of previous year . '' VOf) * 3 > s,s - w ' Policies on the lives of citizens of said state issued during the year ' 1 , , 1,993 $5,739,304, Deduct ceased to be in force during the year &>7 1,012,119, Policies in force December 31st : 1,72 f s4 ' 72 2 000 Losses and claims unpaid December 31st of previous year 1 2.0W Losses and claims incurerd during year •>" ToUl 31 58.583 Losses and claims settled during the year, in {uir $51,516_,12 31 58,583 Premium income—ordinary, $146,017.75; total, $146,017.75 President: Walter Lemar Talbot; secretary, K. F. lull; treasurer, L. J. K. Sproule; actuary, J. B. Franks and H. Gordon Hind. Home office: The Parkway at Fairmont Ave, Philadelphia. Pa- Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N. C. Manaucr for North Carolina: D. R. Midgette & Co., Richmond, Va. STATE OF NORTH CAROLINA INSURANCE DEPARTMENT (SEAL) — I Dan C Boney, Insurance Commissioner, do hereby certify that the above' is a true and correct abstract of the statement of the Fidelity Mutual Life Insurance Company, of Philadelphia. Pa., filed with this department, showing the condition of said company on the 31st day of December, 1934. Witness my hand and official seal the day and date above written. DAN C. BONEY, Insurance Commissioner. STATEMENT HOME SECURITY LIFE INSURANCE COMPANY Durham, N. C. Condition December 31, 1932, Aa Shown by Statement Filed Amount of capital paid up in cash, $100,000.00. . Amount of ledger assets December 31st of previous year, $710,321.73; increase of capital during the year $0; total $710,321.73. Premium income, $817,381.7.*; Disbursements— To policyholder!, $282,116.79; miscellaneous, $533,885.64, Business written during year—No. of policies 199,606, amount $36,451,394.0). Business in force at end of year—number of policies 95,369; amount $17,076,- 317.00. . - Aaaets Value of real estate (lesa amount of encumbrances) Mortgage loans on real ; —*— those states who have been spending Federal relief funds heavily and have made no appropriations of their own will cease to be beneficiaries of Fed eral charity. Kentucky was notified that she must "put up" or take care of her own, and it is rumored that North Carolina has been fed out of the same spoon. If this report is true, it will no doubt be necessary for the state to take some definite action to care for its unemployed and hungry folks, and those who know say there it no other way provided, and that the legislature will have to be called into session, and a way found to finance the state's ' relief program. • Plow Up Cotton On Notice From County Farm Agent Cotton acreage pledged in the re cent campaign should be destroyed as soon as the permit is received from the county agent or person acting in that capacity. After the cotton is plowed up the fields must be inspect ed by the local committee and cer tified as destroyed before settlement lean be made. The sooner the cotton is plowed up, therefore, and the field I in spected the sooner the grower will I receive payment; NOTICE OF SALE OP REAL I PROPERTY | Under and by virtue of the power ! „f sale contained in a certain deed of I trust executed on the 26th day of February, 1926, by J. Walter Crisp and wife, Ida Crisp, to A. R. Dunning, I Trustee, and of record in the pu >lic ! registry of Martin County in book | C-3 at page 16, said deed of trust hav ing been given for the purpose of se curing a nete of even date and tenor therewith, default having been made in the payment of the same, and at the rt quest of the holder of same, the un dersigned having been substituted as I trustee in said deed of trust by prop | er instrument the undersigned will, on , Monday the 21st day of August, 1933, at 12 o'clock m., in front of the court i house door in Williamston, North I Carolina, offer for sale to the highest bidder, for cash, the following de j scribed real estate, to wit; All those certain pieces, parcels, or luts o land situate, lying, and bein« !i n the Town of Hassell, County ol 1 Martin and Stale of North Carolina , being all of lots numbers Ten (101 eleven (II), twelve (12), and thirteen (13) in block "A," as shown on plan iof Hassell, North Carolina, recorded in Book No. U,page 421, of the pub ! lie records of Martin County, Nortl Carolina. ; This the 21st day of July, 1933. F.LBERT S. PKF.L, i jy2s 4tw Substituted Trustee. Loan* made to policyholders on this company's policies assigned as collateral - 2,643.28 Premium notes on policies in force (of which $193.40 is for first year's premiums) „ 498.41 Net value of bonds and stocks 35,240.00 Cash , : 80,238.72 Interest and rents due and accrued 14,690.47 Premiums uncollected and deferred : 16,828.05 All other assets, as detailed in statement 37,018.27 Total _ $778,102.36 Less assets not admitted 1,592.27 Total admitted assets _ $776,510.09 Liabilities Net reserve, including disability provision $549,407.00 Policy claims _ 1,333.00 Premiums paid in advance ; 21,702.41 Commissions due to agents _ 636.13 Estimated amount payable for Federal, State, and other taxes 4,971.87 All other liabilities, as detailed in statement 45,711.83 Total amount of all liabilities except capital $623,762.24 Capital paid up in cash $100,000.00 Unassigned funds (surplus) 52,747.85 152,747.85 Total liabilities $776,510.09 Business in the State of North Carolina Daring 1932 ORDINARY INDUSTRIAL No. Amount No. Amount Policies on the lives of citizens of said I State in force December 31st of previous year * 666 $ 642,800 85,608 $14,234,825 Policies on the lives of citizens of said state issued during tbe year 5,736 $1,540,281 91,232 $15,235,734 « Total „ 6,402 $2,183,081 176,840 $29,470,559 • Deduct ceased to be in force dur ing the year % 274 204,025 92,868 15,351,692 | Policies in force December 31 6,128 $1,979,056 83,972 $14,118,867 Losses and claims unpaid December 31st of previous year 19 1,631 Losses and claims incurred during yr. 1 500 1,141 120,792 Total i.._ 1 500 1,160 $ ,122.423 I Losses and claims unpaid December 31 15 1,333 {Premium income—ordinary, $42,546.03; industrial, $703,730.72; total $746,- 276.75. I President, A. M. Moize; secretary, G. W. Munford; treasurer, T. C. | Worth; actuary, Frank B. Diets; home office, Main and Market Streets, Dur ham, N. C. Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N. C. Manager for North Carolina: Home office. STATE OF NORTH CAROLINA INSURANCE DEPARTMENT (SEAL) Raleigh, April 15th, 1933. I, Dan C. Boney, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Home Security Life Insurance Company, of Durham, N.-C., filed with this department, show ing the condition of said company on the 31st day of December, 1932. Witness y hand and official seal the day and date above written. DAN C. BONEY, Insurance Commissioner. Announcement N We are pleased to announce the appointment of W. G. Peek as General Agent, for WiMiamton and vkinky, with headquarter! at Wllliamston, North Carolina i I .... . The Life Insurance Company of Virginia He— Qui IManiWiia incorporated 1171 BRADfORD H. WALKER, Pretfdent aiiiiM^ Condensed Statement ot Condition oi the Branch Banking I & Trust Company I "THE SAFE EXECUTOR" WILLIAMSTON, N. C. At the Close of Business June 30th, 1933 RESOURCES Loans and discounts . $1,462,710.58 I | Other stocks and bonds ,« 170,277.94 I Banking houses and real estate 226,300.89 I Cash & due from banks $1,630,396.87 United States bonds 2,587,643.47 North Carolina Bonds 906,071.31 i I Marketable municipal I Bonds 417,075.33 Loans secured by mar k e t a b 1 e securities with cash values in excess of the loans 728,937.40 6,270,124.38 I S $8,129,413.79 I LIABILITIES Capital stock $ 400,000.00 I Surplus 200,000.00 ■ Undivided profits 41,231.98 J,, Reserves r.:: 76,433.23 ■ Dividend payable July 1,1933 8,000.00 I Deposits 7,403,748.58 I $8,129,413.79 I (Trust Department Assets Not Included) Sound Banking and Trust Service for Eastern I Carolina Tuesday, August 1, 1933
The Enterprise (Williamston, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 1, 1933, edition 1
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