HREE TRIBUNE HOLDS THE TROPHY CUP AS THE BEST NEWSPAPER IN NORTH CAROLINA OUTSIDE THE DAILY FIELD
K-"The Best
Town In
Krth Carolina"
|FSI. NO. XXI, No. 47
LOCAL B. & L. WILL
SUBSCRIBE TO STOCK
IN HOME LOAN BANK
Armf ield Attends Meet
ing In Greensboro
Tuesday Night
WILL HELP LOCALLY
At a meeting at the King Cotton
hotel In Greensboio Tuesday night,
approximately 160 representatives of
building and loan associations from
a dozen counties gavo their unquali
fied support to the new federal
home loan bank system in conformi
ty with a motion presented by Leon
Cash, of Winston-Salem. C. G. Arm
field, secretary of the local Elkin-
Jonesvllle association was among
the representatives.
O. K. La Roche, of Raleigh, super
visor of the building and loan di
vision of the state insurance de
partment, was the chief speaker, who
explained the workings of the home
loan bank, which will make loans
through local lending agencies such
as building and loan associations,
and not direct, except in very rare
cases, as has been the general opin
ion.
Mr. Armfield stated that the di
rectors of the local association have
authorized subscription of stock In
the home loan bank.
The bank, Mr. Armfield said, will
have the tendency to relieve the
home owner who wants to hold his
home, but is financially unable to
do so. However, as Mr. La Roche
said in his address, the home loan
bank will not act as a Santa Claus
- and clear a mortgaged home of debt
without the owner making regular
payments, but is for the purpose of
helping the borrower who wants to
heja. himself.
It waß suggested that everyone
who needs to refinance his home,
but is unable to get the loan car
ried by the present lender, get in
touch with the local building and
loan officials or local bankers, and
talk the matter over frankly with
them.
The home loan bank will, in ad
dition to helping the heavily bur
dened home owner, also tend to help
the local real estate situation, Mr.
Armfield said, in that it will cause
local investors to buy building and
loan stock and thereby turn loose
idle money in the community for
home ownership.
The fe'deral home loan banks, Mr.
Armfield said, will provide an out
let )or the handling of real, estate
first mortgages, and will occupy, for
the mortgage companies, the posi
tion of the federal reserve banks, to
its members.
BROUGHTON TO GET
HERE MONDAY NOON
Very Important That
Borrowers See Federal
Reserve Man
A. M. Broughton, representative
of the Federal Reserve bank, of
Richmond, who has been in Win
ston-Salem for the past two weeks
at the Peoples' National Bank, will
arrive in Elkln next Monday at
noon and will stay here through the
following Friday, during which time
it is requested and expected that
all borrowers whose notes have been
transferred from The Elkin Nation
al Bank to the Federal Reserve 1
Bank, call at the local bank and see
, him, W. H. Spradlin, receiver, an
nounced Monday.
It is Imperative that borrowers
see Mr. Broughton, Mr. Spradlin
said, in order that ,they may discuss
the question of borrowings directly
and in person. It will also' be nec
essary" that they bring along a copy
of their financial statement, he said.
Mr. Broughton has Just concluded
his work in Winston-Salem at the
Peoples' National Bank. Mr. 'Sprad
lin said that only one borrower re
.fused to call and see him there and
%that an a result suit against this
borrower was instituted immediate
ly by the Federal Reserve bank.
The receiver also stated that he
wished It announced that regardless
of russora. which might bo circula
ted as to the non-importance of see
ing the representative, -it was of the
utmost Importance to those con
cerned to see him. L*% *:
ELKIN COMMUNITY FAIR, THURSDAY-FRIDAY, SEPT. 29-30
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Upper left is a late photo of Mrs. Rudy Valee, who decided to divorce
her famous "Vagabond Lover," but didn't, while to the upper right is
Ellsworth Vines, the world's new tennis king, who hails from California.
liower left is Miss Dorothy Hann, of Camden, N. J., who has recently
been crowned as "Miss America" for 1982, and, lower right, we find Miss
Hernice Agrast, first president of the newly organized Artists and Models
Union, of Chicago
.g. ■ 1 ■
Elkin F Jotball Squad Is
Fast Shaping Up As Team
Points For M.P.I. Game
Heavy Schedule, With But One Date Open, Faces Local Gridiron
Warriors. Good Spirit Is Being Shown By The Boys,
Coach Hood Says, And A Light, Fast And
Creditable Team Expected
Faced with a heavy schedule
against gridiron opponents far more
experienced and In many cases
heavier, the newly formed football
squad of Elkin high school for the
past two weeks has been breaking
the silence of the big bottom across
Big Elkln creek, west of the school
building, by. such war-whoops as
"hike", "tackle him", "hit him hard"
and other gridiron expressions the
while Coach Hood as been whipping
into them the fundamentals of the
game and slicing away great bunks
of the schools past athletic inertia.
According to Coach Hogd. the
boyß are showing a fine spirit and
are rapidly shaping into a credita
ble football aggregation fairly Itch
ing for the action which will greet
theia when they meet Mountain Park
here 30 in what will be
their first gridiron baptism.
Although he has a first string in
mind, Coach Hood stated that every
position is as yet wide open, aDd
those who start in the open' J
game with Mountain Park
Gold Is Discovered
In Hills Of Surry
County; Assays $6.18
A vein of gold deemed profita
ble for commercial exploitation
has been discovered In Barry
county between Mt. Airy and
Gap, according to a story pub
lished in the Mount Airy Times.
According to The Time*, the
soil from the location of the vein
was sent to Utah for government
teats, and Is reported to have as
sayed 96.18 per ton. Any dirt
that assays as high as 95.00 per
ton is considered profitable for
mining. t
The location of the strike or
who discovered it, was not made
public.
ELKIN, N. C., THURSDAY, SEPTEMBER 22, 1932
*ll
the ones who show the most fight
and improvement between now and
the date of the game. Some of the
larger boys, he said, may je sur
prised to Bee some of the smaller
boys in the opening line-up.
Although not heavy, the local
team is expected to be both light
(ant as compared with the
Mountain Park team which is said
to be made up of heavy material
and to be a formidable opponent.
The schedule for the coming sea
son is as follow:
SPARTA MAN MEETS
DEATH IN ACCIDENT
Funeral Services Held This Morning
at 10 o'clock at Peach Bottom;
Killed In Runaway
Funeral services for John Delp,
72, of Sparta, who died Tuesday In
a Galax, Va., hospital as the result
of a fractured skull received while
he was hauling feed Monday, will be
held at 10 o'clock this morning at
Peach Bottom.
The accident which led to Mr.
Delp'a injury came about when his
team ran away, throwing him on
the concrete highway. He did not
regain consciousness.
His son-in-law, who was on# the
wagon at the time of the accident,
suffered an injured shoulder.
Surviving is a daughter-in-law,
Mrs. Frank Delp, and one sister,
Mrs. Nando Farmer, of Galax, Va.
BUSINESS HORIZON
IS BRIGHTER LOCAL
MERCHANTS THINK
Better Spirit Prevails
As Majority Stop
Talking Depression
ARE OPTIMISTIC
With both the Chatham Manufac
turing company and the Elkin Furni
ture company running full time with
nice orders, and the newspapers
carrying daily stories of improved
business throughout the nation, the
bug of optimism has apparently bit
ten local merchants and business
men, the majority voicing the opin
ion that better times aro slowly but
surely coming back.
Six months ago only a tale of woe
greeted the listener when the topic
of business was brought up, every
one seemingly of the opinion that
business was on a slide which had
no bottom but today a more cheer-
I ful outlook is in evidence locally.
Many Elkin business men, when
approached on the subject, have
stated that business has been better
and although not yet anything to
get excited about, pointed to the
fact that, the business horizon is be
ginning to show signs of light.
Some have wanted to place the
credit for the upturn upon the nomi
nation of Franklin D. Roosevelt for
president, while others are firm in
their belief that Mr. Hoover is sole
ly responsible. However, regardless
of who or what is responsible, the
fact is there that locally people are
talking better times —a sure sign
that'confidence is returning and that
sooner or later prosperity will find
that corner it has hunted so long—
and > ill turn it.
MAJORITY OF SURRY
SCHOOLS ARE OPEN
Dobson And White
Plains Schools To
Begin Sept. 26
Surry county school teachera in
rural schools gathered Saturday
morning at Dobson high school for
the first county-wide teachers' meet
ing of the year in order to work out
plans for the opening of the ma
jority of the rural schools the past
Monday.
The Franklin high school opened
Monday, September 12 while Pilot
Mountain high school opened last
Thursday morning. Among the
schools which opened last Monday
were Westfleld, Flat Rock, Cope
land, Beulah, Low t>ap, Mountain
Park, and the elementary schools at
Bannertown, Rockford, Cook's and
Salem. White Plains high schcol
and Dobson high school will open
Monday, September 26. The six
months elementary schools will start
the first Monday in October.
ELKIN HARDWARE
CO. AGAIN SOLD
poes to Castevens Again
I at $3,791.60; to Ask
I Confirmation
The Elkin Hardware company,
Ispld Friday, August 26, at public
Auction to O. D. Castevens. of Cycle,
for 13,446, was again sold September
jilt following an upset bid of 10
cent, made by a Charlotte firm
'before the first sale could be con
firmed at wnich time Mr. Castevens
again bid In the concern for $3,-
791.60.
An order, asking confirmation of
the sale will be asked of Judge J.
H. Clemens at Marshall at 2 o'clock,
September 27.
Although it is not definitely known
what disposition Mr. Castevens will
make of the store if and when the
sale is confirmed, It is thought that
be will reopen the business here.
ASKED TO STRIKE
Des Moines, la., Sept. 20.
Nearly two million farmers in 11
Middle Western states, hard hit by
debts and low prices, have been
asked to Aart Wednesday to with
hold grain and livestock from
markets until produce can be sold
profitably.
Huge Crowds Expected
To Attend Community
Fair Here Next Week
Equinoxial Season
Begins Today; Mild
Winter Predicted
According to the to
day marks the first day of fall,
it being on this date that, the day
and night are of equal length. The
almanac also predicts cool stormy
weather, which may be expected
doe to the fact that it is the be
ginning of the general equinaxial
season, which usually brings rain
and a drop in temperature some
times lasting several days.
A report sent ont by the weath
er bureau at Washington states
that another mild winter may be
expected this year, all signs said
to be pointing that way. It was
explained that mild and cold win
ters generally go in cycles and
this was one of the reasons on
which the prediction for the com
ing six months was based.
LATE ITEMS OF
INTEREST FROM
NATIONAL NEWS
JUDGE MIDYETTE DIES
Elizabeth City, Sept* 20.
Judge Garland E. MJdyette, of the
North Carolina superior court,
died suddenly in a hotel room here
late today from an acute dilation
of the heart. Judge Midyette,
presiding over a term of civil
court here, ordered a recess short
ly af«. Ip. m. Court ordinarily
does not recess until O p. m. and
Judge Midyette told attorneys he
was "not feeling well."
GARNER'S MOTHER DEAD
Detroit, Texas, Sept. 20.—Mrs.
Sarah Jane Garner, whose ambi
tion it was to live to see her eldest
son, John Nance, elected vice
president of the United States,
died at her old colonial home here
today. Surrounded by her children,
three sons and two daughters, the
pioneer mother slipped quietly
away at 12:25 p. m., after show
ing remarkable vitality against a
general toxic poisoning which sent
her to bed more than a week ago.
GANDHI EATS LAST MEAL
I'ooni, India, Sept. 20.—The
Mahatnyt M. K. Gandhi partook of
an unusually large nu-al of fruit,
bread and milk just before noon
today and then, laughing and jok
ing, started the hunger strike
which he declared will last until
he dies or until the Indian elec
toral system is revised in kccord
ance with his principles.
HOOVER TO SPEAK
Washington, Sept. 20.—Presi
dent Hoover will deliver his first
campaign address at DM Moines,
lowa, on the evening of Tuesday,
October 4. This was announced
definitely tonight by the Republi
can National Committee in a brief
statement signed by Rverett San
ders, national chairman.
FLYING FAMILY LAND
Aberdeen, Scotland, Sept. 20.
The Hutchinson family- who with
their crew of four were rescued
from the bleak Greenland coast
after wrecking their transatlantic
plane recently, landed at Eriboll,
Scotland, today from the steam
trawler Lord Talbot.
Izaak Walton Chapters
To Meet At Klondike
The local chapter of the Izaak
Walton league will meet Saturday
evening with chapters from Wilkes,
Sparta, Winston-Salem and prob
ably StateeyiUe, at Klondike Lake,
near Klondike Lodge, it was an
nounced here Tuesday by Alex Chat
ham. Mr. Chatham stated that
permission to meet at the lake had
been given by Mr. Hanes, one of
the owners.
In case the weather should be
bad, the meeting will be held at
Hotel Blkin, it was stated.
A] Smith says he'll support the
Democratic ticket, hot declines tu
state whether it will be in the style
to which ft has been accustomed. —
Norfolk Ledger-Dispatch.
PUBLISHED WEEKLY
M C NEER WAREHOUSE
WILL BE USED AS
EXHIBITION HALL
ON E. MAIN STREET
Entertaining Program
Has Been Arranged
For Event
SCHOOL TO CLOSE
The ground work has been laid
and practically everything is in
readiness for the first annual exhi
bition of the Elkln Community Fair,
which will open here Thursday night (
September 29, and continue through
Friday and Friday night.
According to reports of the heads
of the various departments much in
terest is being shown in the event,
and a huge crowd is expected to at
tend on both days.
The main exhibition will be in
McNeer's warehouse, next to the J.
C. Penney store on East Main street,
with the exception of the rabbit
show and poultry exhibits which will
probably be housed in a vacant store
building nearby.
A number of private exhibits have
been planned, C. G. Armfield, sec
retary, said Wednesday, and while
these exhibits are welcomed and
will be in the main exhibition hall,
they will not be eligible for prizes.
He also stated that showcases will
be provided for the curio exhibits
and pastry exhibits so that they will
be safe from handling. On both
nights a watchman will be provided
to safeguard the exhibits after the
closing hours.
The feature of the fair will be the
live-at-home exhibits in which de
partment the grand prize winner
will be awarded a handsome new
suite of furniture awarded by the
Elkin Furniture company. Among
the other more desirable prizes are
a number of luxurious Chatham
blankets whiclt will be awarded by
the Chatham Manufacturing com
pany. A number of the prizes will
be on exhibit in the show windows
of the Sydnor-Spalnhour department
store prior to the fair.
On the opening night a concert
will be given in the exhibition hall
by tl\e Lucy Hanes Chatham clubs
of Winston-Salem and Elkin. Fri
day afternoon the Elkin high school
football team will play their first
game of the season with a fast
Mountain Park Institute# squad at
the Chatham ball park. Friday night
a feature of the program will be an
indoor horseshoe pitching contest
which will be staged in the exhibi
tion hall under the direction of D.
F, Oough.
The Elkin school will be closed
all day Friday in order for the stu
r dents to attend the fair.
HOLD FUNERAL FOR
MRS. A. H GOUGH
Yadkinville Woman'
Succumbs to Paraly
sis Attack
Final rUeB were conducted Wed
nesday morning at 10 o'clock at
Harmony Grove Friends church for
Mrs. Amanda Gough, wife of A. H.
Gough, who died Tuesday morning
at 2:30 o'clock at her home in Yad
kinville, after three weeks illness
witn paralysis. Services werw io
charge of Rev. and Mrs. E. G. Key.
Surviving, besides her husband,
are her parents, Mr. and Mrs. I M.
Hinshaw, seven children, Mrs. Let
tie Kiger, Charlie, John and Law
rence Gough, Mrs. Malia Shore,
Reece and Ralph Gough; in addition
to the follovifng brothers and sis
ters: Melvin and Arthur Hinshaw of
Rutherford College, Robert Hin
shaw, poßtor of the G&stonia Meth
odist church, Mrs. Rosa Arnold of
Elkin and Harvey and Stanford
Hinshaw of Yadkinville. A brother
and sister, Uyrd and Hattie, died
several years ago. *
Elktn—
Roaring
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