W
Thursday, Jnly 11. 1940
BOONVILLE
Mr. and Mrs. Watt Deal «-nil
daughter, Frances, spent the
week-end with Mr. Deal's mother
at Statesville.
Rev. and Mrs. Raymond Con
nell attended the reception given
for Rev. and Mrs. Morrisett at
Elkin last Friday night at the
Baptist church.
Mrs. Liza Adams and children
and Mr. Raford Chipman, of Sea
board, N. C., are spending a few
days with their parents, Mr. and
Mrs. T. A. Chipman.
Miss Myrtle Crisp, of Pine
Tops, who has been spending
several weeks with Mr. and Mrs.
J. J. Coram and family, left Sun
day for her home. She was ac
companied to Winston-Salem by
Mr. and Mrs. Ralph Coram and
Mr. and Mrs. Loe Hobson.
Mr. Stuart Shore, of Baltimore,
Md., is the guest of his parents,
Dr. and Mrs. T; W. Shore.
Dan Williams, of Atlanta, visit
ed his parents, Mr. and Mrs. G.
S. Williams.
Mr. and Mrs. J. Ben Martin
and son, of Orlando, Fla., are the
guests of Mr. and Mrs. J. W.
Shore.
Mr. and Mrs. Prank Hobson
and daughter, Anne, visited Mrs.
Hobson's parents near Copeland
Sunday.
Miss Mattie Motsinger, of Win
ston-Salem, spent the week-end
with her parents, Mr. and Mrs. J.
Lee Motsinger.
Misses Emily and Cleo Brendle
and Mrs. W. E. Brooks and young
son left Friday for Richmond,
Va., where they will visit relatives
for several days.
Mr. and Mrs. C. A. Martin, of
Chula, Va., visited friends and
relatives here the past week-end.
Mr. and Mrs. Albert Martin at
tended the Fourth of July cele
bration at North Wilkesboro last
Thursday.
Mrs. E. E. Hood and children,
Edward and C. W., left Saturday
morning for Zebulon to spend
REPORT OF CONDITION OF
THE BANK OF ELKIN
of Elkin, in the State of North Carolina *
at the close of business on June 29, 1940
ASSETS
Loans and Discounts $267,958.59
United states Government obligations,
direct and guaranteed 32,778.88
Obligations of States and political subdivisions 91.044.86
Cash, balances with other banks, including reserve bal
ances, and cash items in process of collection 305,071.11
Bank premises owned $18,600.10, furniture and
fixtures $2,275.32 20,875.42
Other assets 1,076.00
TOTAL ASSETS $718,804.86
LIABILITIES
Demand deposits of individuals, partnerships.
and corporations ' $337,454.02
Time deposits of individuals, partnerships,
and corporations 176,509.00
Deposits of United States Government (including
postal savings) * 12.926.69
Deposits of States and political subdivisions 34,416.43
Deposits of banks 20.364.45
Other deposits (certified and officers' checks, etc.) 5,809.64
TOTAL DEPOSITS $587,480.23
Other liabilities 18,929.10
TOTAL LIABILITIES (not including subordinated
obligations shown below) $606,409.33
CAPITAL ACCOUNTS
Capital* $ 49,000.00
Surplus 26,000.00
Undivided profits 15,214.76
Reserves (and retirement account for preferred capital).... 22,180.77
TOTAL CAPITAL ACCOUNTS $112,395.53
TOTAL LIABILITIES AND CAPITAL ACCOUNTS... $718,804.86
•This bank's capital consists of first preferred stock with total par
value of $24,000.00. total retirable value $24,000.00; and common
stock with total par value of $25,000.00.
MEMORANDA
Pledged assets (and securities loaned) (book value):
(a) U. S. Government obligations, direct and guaran
teed, pledged to secure deposits and other liabilities $ 990.00
(b) Other assets pledged to secure deposits and other
liabilities (including notes and bills rediscounted
and securities sold under repurchase agreement) 57,000.00
(e) TOTAL $ 57,990.00
Secured and preferred liabilities:
(a) Deposits secured by pledged assets pursuant to re- •
quirements of law $ 45,359.00
(d) Deposits preferred under provisions of law but not
secured by pledge of assets 1,984.12
(e) TOTAL $ 47,343.12
Subordinated obligations:
(a) On date of report the required legal reserve against
deposits of this bank was $ 69,310.00
(b) Assets reported above which were eligible as legal re
serve abounted to 305,071.11
I, Garland Johnson, Vice-President, of the above-named bank, do
solemnly swear that the above statement is true, and that it fully and
correctly represents the true state of the several matters herein con
tained and set forth, to the best of my knowledge and belief.
GARLAND JOHNSON, Vice-President.
Correct. —Attest: •
C. S. POSTER, „
J. R. POINDEXTER,
B. P. FOLGER, JR.,
Directors.
State of North Carolina, County of Surry, 3s:
Sworn to and subscribed before me this Bth day of July, 1940,
and I hereby certify that I am not an officer or director of this bank.
FRANK SALE, Notary Public.
My Commission Expires November 18, 1941.
several weeks with relatives of
her husband.
Miss Ohna Bates, R. N., will
leave Wednesday for Winston-
Salem to assume her duties at a
hospital there.
Mr. and Mrs. E. C. Cockerham
and Mr. and Mrs. Graham Stin
son visited relatives at Dobson
during the past week-end.
Miss Frances King Turner, of
Leaksville, who was in Yadkin
county last week teaching a W.
M. U. study course for the Bap
tist women, left Saturday for
Ridgecrest. Miss Turner grad
uated from the W. M. U. train
ing school at Louisville, Ky., last
spring. While in Yadkin county
she was the guest of Mr. and Mrs.
D. H. Craver, of Boonville.
Mrs. Gilbert Foster and small
son, Wade, of North Wilkesboro,
were the guests Tuesday of Mr.
and Mrs. A. S. Speer.
0
Boonville Club Meets
The Woman's Home Demon
stration club of Boonville held its
regular July meeting at the home
of Mrs. John Brendle on the Yad
kin ville road. A large group of
ladies was present for the dis
cussions which were headed by
Miss Irene Brown, home agent, of
Yadkinville.
Miss Brown gave an interesting
discussion and demonstration on
making various kinds of salads by
the combined use of fresh vege
tables and fruits. During the
1940 spring and summer meet
ings in all the clubs of the coun
ty stress has been placed on the
improvement of the home garden,
and new ways of utilizing vege
tables have been demonstrated.
At previous meetings canning ex
hibitions have been given.
In the business session that fol
lowed the demonstration Miss
Dorothy Coram was elected cor
responding secretary for the local
club to succeed Mrs. Eldon Wil
liams who resigned the position.
It was decided to have a club
picnic for all the local members
and their families at the next
regular meeting which will be
sometime early in August. The
picnic will be held at the Boon
ville school in the early evening.
Ice cream and cake were serv
ed to the following members:
Mesdames J. M. Speas, P. M.
Woodhouse, J. J. Coram, Allan
Jessup, O. C. Motsinger, Olive
Smith, Barnett Smith, Nellie
Reece, Everett Hurt, Edith Steel
man, Ruby Warden, T. L. Hayes,
Herbert Fleming, V. B. Brown,
James Amburn, J. R. Walker,
Nellie Dobbins, John Brendle,
Misses Irene Brown, Dorothy
Coram, Emily Brendle, and Mrs.
Adolphus Brendle.
259 TEACHERS
FOR SCHOOLS
Surry Is Allotted Total of 247
White and 12 Colored
Instructors
FIGURES ARE LISTED
The Surry county school sys
tem will have 247 white teachers
and 12 negro teachers during the
coming 1940-41 school term, ac
cording to Supt. John W. Comer,
who has received the county's
teacher allotment from the of
fices of the state school commis
sion in Raleigh.
This represents a gain of two
white teachers and a loss of two
negro teachers from the number
used during the past year. The
gain in white teachers is a net
gain, however, for the Surry
white schools actually gained
four teachers and lost two during
the 1939-40 term. The gains and
losses were figured on the basis
of attendance during the previous
term.
The white teachers gained in
cluded three high school teachers
and one elementary school teach
er, while the losses included one
high school teacher from the Pi
lot Mountain school and one ele
mentary school teacher from the
Rockford elementary school. The
two negro teachers were lost from
Dobson and Combstown schools.
In announcing the allotments
of teachers for the various
schools, Supt. Comer stated that
all teaching positions in the
county are filled, making it use
less to file applications for the
coming year. The allotments by
districts, as announced, include
the following:
Dobson unit lB elementary
and 8 high school teachers at
Dobson school, with six elemen
tary teachers at the Little Rich
mond school. One negro teacher
was allotted for the Dobson dis
trict.
Elkin unit—l 3 elementary and
8 high school teachers at Elkin,
with 7 elementary teachers at
North Elkin school. Two negro
teachers were allotted the Kikin
negro school.
Mountain Park unit—B elemen
tary and 6 high school teachers
at Mountain Park, with 3 elemen
tary teachers for the Zephyr
school.
Lowgap unit—B elementary and
4 high school teachers at Lowgap,
with no outlying school in the
unit.
Beulah unit l2 elementary
and 4 high school teachers at
Lowgap, with no outlying school
in the unit.
Beulah unit l2 elementary
and 5 high school teachers at
Beulah, with no outlying schools
in the unit.
Franklin unit—l 7 elementary
and 6 high school teachers at
Franklin, with 4 elementary
teachers at' Green Hill school.
Two negro teachers were allotted
for Sandy Level.
White Plains unit—lo elemen
tary and 4 high school teachers
at White Plains, with no outly
ing white schools. One negro
teacher was allotted for Red
Brush.
Flat Rock unit—l 4 elementary
and 5 high school teachers at
Flat Rock, with 3 elementary
teachers at Sheltontown. One
negro teacher was allotted for
Combstown, where one was lost
last year.
Westfield unit 8 elementary
and 5 high school teachers at
Westfield, with 3 elementary
teachers at Cooke's school. Pour
negro teachers were allotted for
the Westfield and Chestnut Ridge
negro schools.
Pilot Mountain unit—ls ele
mentary and 5 high school teach
ers at Pilot Mountain, with no
outlying schools in the unit. One
negro teacher was allotted for the
Pilot Mountain negro school.
Shoals unit—7 elementary and
3 high school teachers at Shoals,
with no outlying schools In the
unit. No negro teachers allotted.
Copeland unit—ll elementary
and 7 high school teachers at
Copeland, with 6 elementary
teachers at Eldora and 2 ele
mentary teachers at Rockford.
No negro teachers were allotted.
The people of the U. S. owe
each other today more than
$250,000,000,000. Of these debts,
$178,000,000,000 are in private
credit institutions. \ /
THE ELKIN TRIBUNE, ELKIN, NORTH CAROLINA
BENHAM
The Benh&m Sunday school is
expecting to Join Charity in
prayer service next Sunday night.
Everybody is invited to attend.
Several people from this com
munity attended the funeral of
Mr. Charlie Cockerham, at Plea
sant Home Monday.
Mr. Richard Gentry, of Win
ston-Salem, is spending several
days with Mr. and Mrs. Brady
• ■
Now....At the Height of the Season
Prices Go Tumbling On Everything
m m «| v m Now is your chance to save on summer clothing needs during our Sensa
jm/1 lA# I*f tional July Clearance. Hurry in and buy while stocks are complete. Prices
At f f C/Ctf s have been reduced to save you on every purchase. It's an event you can't
afford to miss!
SALE STARTS THURSDAY, JDLY 11. 8:30 A:"IT
SAVE ON SALE OF
MM SUMMER SHIRTS
'• CTTITCI MANHATTAN Iff
'' ijUl 1 Ij! Regular $2.00 and $2.50
flfen n .. N : at ; WING AND EAGLE SHIRTS
fWI R !f"' ar ' y - $1.65 Values -| QCS
iff \NB\ Reduced to ——
im \w4 m* ftt •' FLORSHEIM SHOES
W Jh | Entire Stock—rNo Exceptions
\1 I n »°- 0# Valu « s $0 QC w ' 9s Vatoes C7 QC
A Now Only Now Only P I
L———————————————
TIES SOX CROSBY SQUARE SHOES
SI.OO Values /*£c 25c Values (ft AA S® l ** Whites, Two-Tones, Blacks and Tans
Now uD 5 prs. for tPI.UU $5.00 Values Now - —53.75
50c Values OA c 35c Values (t»l AA $5.50 Values Now - $3.95 1
Now Jj 4 prs. for JLUU $6.00 Values Now .... $4.50
Manhattan Pajamas STRAW HATS
Regular $2.00 M CC All Styles - All Colors
values only jPLOJ Sailors - Cocoanut Weaves
- s * oo Va,ues cq or
Manhattan Swim Sift?, 10 ~~~
T, lmtc 5 $3.95 Values $9 CA
lrunks Reduced to •.
Reg. $3.00 values $2.25 ; 2.95 Values d*o /I A
Reg. $2.00 values .$1.50 to —P^.W
Manhattan Tennis ————— .
Shorts SUMMER SLACKS Canvas Top
Regular $2.00 ICA *«00 Values Now —54.95 Slippers By
values only »pI.tJU $4.98 Values Now - .$3.50 Goodrich
—• $4.50 Values Now $3.25 With posture foundation to
' 98 Values Now $2.75 insure proper arch sup-
J Sport Shirts $2.98 Values Now $2.25 J^_ Regular s2,s ° values
/ $1.65 values only $1.35 $2.50 Values Now —51.93 a>W aa
' Polo Shirts ,L9B Values s l - 35 SI«9U
SI.OO values only 69c HICKOK SPORT BELTS, SI.OO Values Now 69c
THE MEN'S SHOP
No Exchanges
y Herman Guyer West Main Street Barrett Lankford
Lewis. They also had as their
guests Sunday Mr. and Mrs. Tom
Deßorde, of HOkln.
Mr. and Mrs. Robert Spencer
are spending several days the
guests of Mr. and Mrs. Virgil Set
tle in Pennsylvania.
Friends of Mr. and Mrs. James
Ross will be glad to learn that
they have recently moved to our
community from Fieldale, Va.
Buenos Aires is the largest city
in the world south of the equator.
The dome .of the capital at
Washington, D. C., weighs 8,909,-
200 pounds.
NOTICE
Having qualified as adminis
trator of J. T. Bostick, late of
Surry county, this is to notify all
persons holding claims against
said estate to present them to
the undersigned within one year
from date of this notice or same
will be plead in bar of their re
covery. All persons owing said
estate will please settle at once.
This the sth day of June, 1040.
WILLIAM L. BOOTICK.
Administrator of J. T. Bostlck,
deceased.
E. C. JAMES. Attorney. 7-11
Mattie Mae Powell
NOTARY PUBLIC
Building 1 & Loan Office
Main Street