P Insurance Dividends To Be Paid Soon
H iTTl ' than <327 million in 1863 GI
? insurance dividends - including a
P"Special dividfend of $90 million -
I %ill be paid in record time, accord
b Ug to J. D. DeRamus. Manager of
|.Uy V.
Salem, N. C.
Plans for payment of both regu
lar and special 1963 dividends were
announced by the White House Nov
ember 22.
Under a greatly speeded-up time
table, the entire payment of both
regular and special dividend pay
ments la expected to be completed
during the month of January, IMS,
DeRamus said.
About $222 million of (be $527 mil
lion total is the regular 1983 divid
end that will go to nearly five mil
lion World War II veterans holding
National Service Life Insurance (N
SLI) policies. .
More than $15 million will go to
250,000 World War 1 veterans who
hold U. S Government Life In
surance (USGL1) policies.
Regular dividends, which are dis
tributed annually, have regularly
been paid on the anniversary date
of the original issuance of the pol
icy. On this occasion, the payments
will be speeded up to be completed
i within the month of January.
Mr. iDoRamus said an accelerat
ed method was used once before by
1 ???0i
I the Veterans Administration when
the regular dividends during 1961
were paid by mid-March of that
year.
In addition to the regular divid
end, the VA will pay a special div
idend 90 million during 1963 to all
World War II NSU policyholders.
A previous special dividend was
paid to World War II policyholders
during 1961.
The regular dividends which are
?aid to both World War I and Wor
ld War II policyholders are primar
ily a return to the policyholders of
part of their premium payments
since the death rate among Q1 pol
icyholders continues to be lower
than the rate upon which the pay
ments were established fay law.
The special dividend will be paid
from the contingency reserve fund
due to. the fact that study and cur
rent experience indicate that the
fund is more than ample to twet
the needs of the insurance program.
Mr. DeRamua reminded veteran
policyholders that the preparing
and mailing of the dividend pay
ment will be automatic and will re
quire no correspondence from vete
rans or their families. In fact, such
correspondence might delay the
dividend disbursement process, he
said.
!
Outlaw's Bridge
News
By: Mrs. J. H. Parker, Correa
The Home Demonstration Club
will meet Monday, December 17
it 2:30 p. m. with Miss Rachel Out
law for the club Christmas pro
gram. A full attendance of mem
bers is urged. Visitors are invited
and welcomed.
Mr. and Mrs. Bill Cooper,- Jr.
and baby of Monroe were weekend
visitors with Mrs. Arthur Smith and
others.
Mrs. Katie Outlaw is visiting with
her son, J, C. Outlaw and family in
Lumberton.
The House Warming honoring Mr.
and Mrs. J. Douglas Smith Friday
brought many gifts to the honorees.
Approximately one hunred friends
attended during the hours from
7:30 to 9:30. Refreshments were
served and enjoyed during the
evening.
Mr. and Mrs. D. H. Outlaw of Mt.
Olive, Mrs. Lynn Dinkier and chil
dren of Clearwater. Florida, were
among visitors with Mrs. Eric Ber
ier Sunday afternoon.
The young adult class will hold
their annual Christmas party at the
church Tuesday night.
Mr. and Mrs. Wayland West of
Goldsboro were among visitors with
Mr. and Mrs. Cordon Outlaw Sun
day.
Mrs. Arthur Smith was a most
delightful hostess to the A. U. W.
at her home Saturday, December
8 at 8:30 p. m. with Mrs, Leroy
Simmons presiding. Mrs. Elmo
Blizzard led the devotions. Mrs.
Herman Outlaw, program chair
man, directed the afternoon ? pro
gram and presented Rev. K. K.
Marshall who gave an interesting
end informative talk on "Theology"
of Unitarians and Unhwrsalists.
During the business period a col
lection was taken for the diabetic
camps for girls at Clara Barton
Birthplace and the Elliott P. Joslin
for boys Mizpah benediction was
used as the closrag prayer. Deli
cious refreshments were served and
enjoyed during a social hour by
those present. Mrs. Faison Smith
will be hostess for the first meet
ing of the New Year in January.
What Questions
Vets Are Asking
Here are authoritative answers
by the Veterans Afintilastratlon to
questions fr om former service
men and their familits:
Q - Can I borrow money under
a GI loan to build a fallout shel
ter on my property?
A - The Veterans Administra
tion cannot under law loan money
for such a purpose, however, if
a house you wished to buy with
a GI loan had a fallout sneue.
that would be taken into conside
tion in the assessment of the pro
perty.
Q - How long does it tike to
obtain a loan on my GI insurance?
A - On the average, if the po
licy is "clear h the loan is pro
cessed in three days. In one in
stance, however, in a dire emer
gency a Texas veteran borrowed
$4,600 to buy cattle feed and it
took less than two hours. Be oh
the safe side and allow three days
for processing.
Q - I am a 60 percent single,
Disabled veteran, and my October
compensation check was $152. 1
know this contained a retroactive
special bonus payment. Now what
will my regular monthly payment
amount to?
A - Starting this month the
payment will be $128 a month
The old payment before the new
law was passed was $120.
Nkcd stationery, envelopes.
business forms printed! con
tact d4jplin-times job prin
tins department.
Ouality job printing call thi
DUPLIN - TIME*.
TIMES-WANT AD will sell youi
PRODUCT.
i''-T 1
Chri^BM gtve the Present with a Future?? ?, S. Sarin*.
P0*1'^ tiU( ,lle B"11' ??*? ?* the ?ew OS series, "The
Lucy Show." "Here', a truly precious gift?one that pot only
grow, more valuable in the future, but one that also help,
preserve freedom." Take Lucy', tin and give the perf.et gift for
everyone on your Christmas list?U. S. Savings Bonds, Share* in
America.
A PRECIOUS CHRISTMAS G'PT. SAYS LUCY
CHRISTMAS SHOPPING
Whilt In Tbwn Stop At
ALBERT'S GRILL
Mount Olive, N. C.
We serve Delicious Hot
Ddgs, Hamburgers, Soft
Drinks, COFFEE and oth
er Foods....
B,1 "JL 11 *? 1
WtrtvHe You To Mt Olive And
Mount Olive Gas Co.
h??** Whin! Pool Applt
f.
? Tobaccohirers
I Phone OL 8-2455
I ttl N. Center St.
Mt. Olive, N. C.
I FREEMAN
H* * Auto Supply Co., Inc.
WHOLESALE AUTO PARTS AND
MACHINE SHOP SERVICE
KA11 motors rebuilt to exact manufacturer's speci
fications, with original or equivalent replace
ment parts. Ask your'repairman, or shop here
for your automotive, truck" or tractor* pArti or
machirie service ?
Whore Competition Is Made ? Not Met!
- - 12M22 E. MAiH SfREET -
it^jtfOtJNT OLtVE, N. C.
OL 8-3842
ifte _ i ?
r ROSE'S 5-10-25C STORE
#> > ,_ Mount Olive, N. C.
SHOP ROSE'S STORE FOR ALL YOUR
CHRISTMAS NEEDS
? 1,000 .low-priced Toys |
I ? Beautiful Decorations
I ? Fancy Gift Wrappings
I ? Religious and Conven-1
tional Christmas cards
Bt Fresh Xmas Candy Bagged and Bulk
f- PRESENTS FOR {EVERYONE?
At Prices You Can Afford
I Make Your Gift A
GIVE A
NEW FORD
j fesON M0T0RR?C0.
J F0RD
Sales and Servicf
NEW AND USED CAES
Sk Repair Service ? Wrecker Service
Make PEGGY ANN SHOP
Mt. Olive, N. C 1
Your Christmas Shopping Center
? Beautiful Cocktail and Christmas Dresses
? Lingerie & Robes ? Costume Jewelry
I Sweater & Skirts and Match Mates
? Also Wool and Madras Wrap Skirts ??
" Blouses To Match1
1 Let Us Help You With That Special
(lift For That Special Person
On Your Xmas Shopping List
1 .
| ^BRWHTEN ^YOUR HOME j|
W. R. JENNETTE FURNITURE CO.
? Quality Furniture Since 191r7?f?
Mount Olive, N. C.
? Simmons Bedding ? Monogram Oil Heaters
? Warm Morning Coal Heaters
? Living Room Furn. & Bedroom Furn.
LOWE'S TOYLAND
In Mount Olive
USE OUR LAY-A-WAY PLAN
For the most complete
selection of toys in
Duplin county. Visit
LOWE'S Quality itoys
recommended by the
TOY GUIDANCE
COUNCIL . . Trained
sales people to help
you make the best se
9IU.UU OTT on DIKes lection.
Your year round Toy Headquarters . . .
LOWE S, Mt. Olive, N. C. |
For That Man on Your List
SHOP AgrV
Men's Apparel Shop
117 So. Center St.
Phone OL 8-3932
Mount Olive, N. C.
Suits
Palm Beach Suits
"Middishade"
Shoes
Florshiem & Jarman
Arrow Shirts
Botany Sportswear - Hubbard Slacks
Hanes Underwear - Interwoven Hose
"Let Us Be Your Shopping Center"
- - * - ? . . :
Give A Gift
The Whole Family
Will Enjoy^^.
Give A I
ZENITH TV I
Or I
An Appliance By ^
-FRIGIDAIRE
REFRIGERATORS
RANGES w
WASHERS - DRYERS
BLUE RIDGE PAINT
? All Kinds Building Materials ?
OARNEJoBROTH?RS
,, i 1 - 11 ?
Norge Appliances f
Rust-Oleum, Deep Seal I For Your Christmas Shopping Needs
Motorola Hi-Fi Record I , | HU
d Rec I
dl* ?.<..*?'? &j ri'. ' ??? -'*>!??. ?.
This Christmas I
See Our Large Selection
of Furniture
?
Home Furniture Co.
Mount Olive, N. C.
... 1 1 ' 1 ' * " fc!. 1
Give A Gift
For The
Home... _
m '
swl
WHEN IN MT. OLIVE ,|
A Thrilling (iift For Every
Member Of The Family
YARDLEY SETS FOR MEN & WOMEN
OLD SPICE SETS
SHAEFFER PENS
HOLLINGSWORTH CANDIES
TOYS FOR THE pHILDREN
REVELON
glenn-martin
drug mmr
REGISTERED DRUGGISTS
.
**
Phone OL 8-2165 f
ON THE CORNER IN MT. OLIVE
W ii i 11 ii i i i
Md0TO~'"OBV6"" Building
B >?.< 1
& Loan Association
rr 1
MOUNT OLIVE, N. C.
"Let's Build"
Z~7- - -?--- ? ' . ? -?. ! ! ^ -=Z
I CLINIC DRUG CO. I
"AGood DRUG STORE" I
Phone OL 8-2239
( Mount Olive, N. C.
Come Bl lo fe ? 1,