TK2 PERQUIMANS EERTFOED, NORTH CAROLINA, FRIDAY, 'JULY 8, 1955.
11 " 1 . ' 1 ' 1 . f " " "
The great and social shrdluet
1 jlhe great social and economic
f h '.nges in America during the
r rit decade are cleanly reflected in
a annual report on the life in
ance business Contained In the
3 Life' Insurance Fact Book,
" '"ito fte LiBtitute.ci.Life
ance.
' .la spread of pfe insurance
ection ,to more people, in larg
c amounts ' and under plans ' de
ed to "meet the modern fami
ly a needs illustateiS how well life
I urance is meeting the 'changing
needs of American 'families," the
I.titate's Fact Book wiH say in its
foreword. . , .
At the start of thjp year, accord
ing to the annual publication now
on .v the press, American " families bled fa ten" years.
owned 237,000,000 life insurance
f policies, representing ' aggregate
protection of 1334,000,000,000. This
I : was' an average of $6,300 per fami
ly compared with a family average
of, $3,100 ten years ago; Today's
; ' 93,000,400 policyholders reported by
j the 'Institute, compares with .70,-
I 000,000 in 1944, a ten-year gain of
, 23,000,000.
, , ' . Varies With States
The family average ownership of
: life insurance varied , widely from
state to state and even these dif
ferences between states reflected
th large-scaje population and in-
"... come shifts of the past decade.
.Life insurance ownership averaged
-as high as $9,700 in Delaware and
as low as $2,700 in Mississippi, but
: in the past ten years, the amount
: in relation to average income in-
creased more, rapidly in Mississippi
than in Delaware. : v
1 Aggregate ownership of life in-
surance ranged from- $308,000,000
, in Nevada, te , $43,698,000,000 in
, r New YorC? Regionally, families in
the' Northeastern,, States were re
: ported as carrying larger amounts
. of protection, but in recent ; years,
' the greatest increases have been Jn
the South, Southwest and. West
The .growth of 'employer-em
ployee cooperation in working out
security plans is shows in the ex
pansion of employee group insur
ance to $33,395,000,000 at the start
of 1955, three and one-half times
the figure ten year gq. i ' -A
Pension Planning Growth .
Pension planning progress of "the
past decade is reflected in the 17r
280 Insured pension plans in! force
at the start of 1955, covering 3,-j
915,000 people about three times
the figures of ten years ago!
Annuities have increased materi
ally in this same t period J, the' 4,
766,000 in force January 1, repre
senting $1,830,000,000 of potential
annual income, having about dou-
The extent to which American
families have turned to life insur
ance to protect their increased in-
gtallmeit buying is reflected in the
$10,241,000,000 of credit life insur
ance; outstanding at the ' start of
this year, 35 times the figure in
The increasing use of life insur
ance for "living benefits" is shown
by the fact that of the $4,947,127,
000 paid to American families, in
1954 as benefits, 58.1 per cent was
for living policyholders, while ten
years ago, these- living benefits
were only 51.4 per cent of the ag
gregate. ; Death benefits rose only
72 per cent fa the ten . years' While
living benefits rose, 125 per cent
The slower rise in deaths benefits
also, reflected-the Increased long'
evity . and declining death rate, the
latter being down about 20 per cent
In these ten years.
.' Last year, life insurance policy
benefits In the amount of $760,000,.
000 were used, by policyholders to
set tip some form of Income pay
ments; compared with $480,000,000
so used in 1944,
TRY A WEEKLY CLASSIFIED
i:otice of chi;:quhjt tax sale
ftXWtt OF HERTFORD
W. -Daieof'e, Atoriday, July U,19SS,kt 12 o'clock noon,
SvUie ujurt os' door, Hertford. Nana Carolina.
iV.t
rraUssta'iton
,New Prosperity Plan-
No More Depressions? .
Ike Will Run ,
Geneva Ballyhoo
1 mains relatively easy to get, the
government need only be ready for
emergency ' action to prime the
' pump a bit fa recessionary cycles.;
I :' This , the - government is now
ready to do. Bank insurance andj
other safeguards ''are designed to
cushion the . impact of any slump,
and this with quick government
action should prevent a serious
depression from ever getting un
derway.'";':" At least this is the theory the
administration is now going along
with. And it may work. If it does,
the Communist , world, and - the
Communist theory that capitalist
Washington A new concept of
American business prosperity has
been developed in the national capi
tal and the administration is doing
everything it can to make that con
cept a reality , The tet will come . countries must experience depres-
own ujaaatera every su uiuua, will
be dealt a blow.
And economic planning in this
country might also undergo a long
range changed Employment and
profits could be stabilized to a de
gree hitherto unknown. ., !.-'
It is from' this position of eco
nomic strength that President Ei
senhower expects to make his standi
at Geneva this month. Ike's top
planners are convinced . that , the
U. S. .economy will stand up in
definitely, under the new conceptj
while the Communist Countries are
sure to split eventually, and experi
ence sharp economic crisis from
time to time. "' ''
'' Patience, then, would be the ad
vantage of the United States. Ac
cepting this theory,' it is obvious
that time is on the U. S. side, and
that 'concessions are not called, for
on oiir part at Geneva.
The Communists will find that
mined to improve relations between
East and West but firmly deter
mined not to give in on matters of
principle. The conference will pro
duce little, unless it brings about
Russian concessions.-1 y -
Such concessions are not thought
to be impossible, though they; are
improbable. Thus thW great hulla
baMoo about Geneva adds up to
very little. : Nothing much is ex
pected to come from the Geneva
Conference. The U. S. Government
agreed to that conference at the
insistence of Anthony Eden and
other foreign leaders. . 1.
The President lias never had any
high hopes for the conference, and
yet the papers .are full of specula
tion as to what side Wilt gain what
The truth is that the United States
can lose only in the propaganda
field, if present plans are adhered
to. And the U. S. plan includes
efforts to win the propaganda bat
tle also.
That will probably .be the big
battle the contest between each
side trying to convince the world
their leaders are for peace. Other
than that the conference might not
produce anything of consequence.
0
Vets' Question Box
Q I am, thinking of paying my
GI insurance premiums once a year,
in advance. If I pay my yearly
premiums, and suddenly need the
money, would it be possible for me
to get it back from VA?
A Yes. VA will refund you
Mr. Eisenhower is sincerely deter- whatever amount has not yet been
applied to monthly premiums.
Q A friend of mine is a para
lyzed veteran eligible for a $10,000
VA grant for a' "wheelchair house,"
especially adapted for his needs.
Would he also be eligible for a reg
ular GI home loan to apply on the
remainder of the cost of his house T
A Yes. The fact that he ob
tained a $10,000 VA housing grant
would not deprive him of his GI
loan benefit. . ,
Q As a disabled Korean veteran,
I obtained a, $5,000 permanent GI
insurance policy. Would I be eli
gible for an additional $5,000 of in
surance, even though more than a
year has lapsed since I received my
disability rating from VAT
A No. Under the law, disabled
Korea veterans have only one year
from the date of their disability
ratings to apply for GI insurance.
Insurance may not be granted if
they wait longer than a year. I
Q Is it possible for a veteran
who lives in one State to get a GI
loan to buy a home in another
State?
A Yes, it is. possible. However,
lenders generally confine their
in, the next decade, jdnisooner, and
if the theory is1 souhl, there will
be no depression, as that! of the
thirties. ,. . ti . y I ; .
The idea is to build enough props
under the economy, and take the
necessary federal action, to avoid
really serious depression.,. Most
of the props are already in place.
There is, in addition, social secur
ity, which will be a steady income,
to millions in coming years. '
The current idea is to broaden so
cial security coverage, increase un
employment payments, hike disa
bility incomes and provide increas
ed assistance to women who are
left widows, or who want to retire
earlier than 'usual. --r.-. :'.(:
Veterans' benefits' are to be in
creased also, and with the larger
military establishment there will
naturally be more military retire
ment 'pay distributed in coming
years. It business is kept moving
at a good pace, and 4f credit re-
NOTICE!
MY OFFICE WILL BE
CLOSED ALL WEEK
July 11 to 18
A. B. Bonner
D.D.S.
lending operations to certain spe
cific areas. You should check with
your lender. , 1
Q -I have been out of service for.
a year. I am planning to apply to
VA for disability compensation.
Since the armed forces have my
medical reports, will I be required
to take a physical examination?
. A You will be required to take
a VA physical examination; VA
may waive the examination, under
some circumstances, only for vet
erans who apply for compensation
within six months after their sep
aration from service. ''
Monday At Nags Head
Mr. and Mrs. Noah Gregory and
children and Mr. and Mrs. Tommy
Byrum and children spent Monday
at Nags Head.
Work,
Sleep, Play
In Comfort
Without Nagging Backache
Nagging backache, headache, or muscular
aches and paina may come on with over-exertion,
emotional upsets ordaytodaystress and
strain. And folks who eat and drink unwisely
sometimes suffer mild bladder irritation
. , with that restless, uncomfortable feeling.
If you are miserable and worn out because
of these discomforts, Doan'a Pills often help
by their pain relieving action, by their sooth
ing effect to ease bladder irritation, and by
their mild diuretic action through the kidneys
tending to increase- the output of the 16
miles of kidney tubes1.
So if nagging backache makes you feel
dragged-out, miserable . . .with restless, sleep
less nights . . . don't wait . . .try Doan's Pills
get the same happy relief millions have en
joyed for over 60 years. Get Doan's Pills today I
Doan's Pills
Ad No. 118-41 lloe
KATE JEAN BUTIX3 ,
. Word was received here last Sat
urday of the death of Kate Jean '
Butler, 11, daughter of Mr. and
Mrs. Fenton, Butler of Portland
Ore., in a Portland hospital, r
... - u I.
naoi aa - j
Tractors n.
; rfr5 i
: bav In Vpf
6-
The telephone, like the trac
tor, is one of the handiest -time
and labor savers the
firmer can use. Today, farm
crs buy, sell, get farm marker
reports by telephone. And
we are working constantly
to increase even further the
value and usefulness of run
telephone service.
THE NORFOLK & CAROLINA
TELEPHONE & TELEGRAPH
COMPANY
E. City - Edenton - Manteo
W.G. NEWBY
2 ; CLERK AND TAX COLLECTOR,. TOWN OF HERTFORD
Wpii tolNQDENT, .JAMS FOR 19S4
rWifysAn, Penn. A.ve....i. ! 18.1K V , .7S , 5 SO.lO
maa, t
izi8,Si
' Cex, Thorn!
. Hoqrmouzis',
Street
Huater, W. CVGrubb St,..
Grubb Street-
am & Lena, Church
Lane,' Add EstEdenton Rd
Lane. Kermit Eoenton RH..
, Lkne, Mrs. T. C. Qiftbb St i.
Lsme, William U., npbb St
1'erry, Joe B., GnibrASt.-
COLORED DELINQUENT TAXES FOR 1954
.1
., Baker, Alphonso, King St-L.....$ 10.65
Biancnard, John, tfienton Hi. 8.04
Brickhouse, Rachel, White Laae 8.91 -
Bundle, James, Grubb St.. 22.95' ..
, Cooper, Grant, K R. Ave 13.08 ,
Coxt Theodore AMarvello, Covent
Garden Cl.." A. 7.18 '
Dall, Elbert EsthCovent Garden. 1.53
Dail, Howard, King St , 1&.5S
rvis, Edwardhouse and lot-. 1645
J iott, Arthur, King St, 7.0?
I .iott, LiMian Roberta 6.75
I verett, James, Edentqh Rd ,1l 49.54
lelton, Elec, King St j 8.29
Felton, Forest, Edenton Rd . 16.84 '
Felton, John H. R. R. Ave..,! 10.13
Felton, Lloyd H Market St ,20.25 '
Felton, Mary E, lot and house .. 4.05 1
Felton, Mary L. Est King St--i- 10.12'
Felton, William 0, King St 8.82 '
J elton, Wilmore, King StJA
Granby, Wallace, Red Store.-i.
Candersdn, James & Wife, Covent
' Garden --;
Gregory, Wilder, Gum Ave..-
C jiswolul Raymond iiij-;.':
Lardy, Ernest, and gammy, Dobb
, i, reet ii-ii .i..-- '
i, A 1 ..t r ,
I xrvey,' Scptt ana Edgar, Karket '
Hinton, Lee, King St.
PUUU lilt JJOM lU
Holly,1 Alpine Est, King St
. noiiy, council ..
Holly, Elihu, Edenton Road ...
Hurdle, Millie, Liberty -.-
James, Luther, King St----,
Jenkins, John Thos, Covent Garden
Jrnigan,. Cherry, White Lane....
I i uiter, Herbert, King 4. Ed. Rd.
J.e, Jfidner, King St. J.
Sdgar, Karket .' !- ; 1 i
... ; 20.25
t --- 10.85 ,,
:., Dobb St 12.66 '
i ',' l . ' i -if '..-."-..I!.. l .. .. - . " xmmmm S
i, g IrStV '""' Tin-
40.20 1 1.61 ' ".95 42.76 ' V A. ;s;om ilil il'kl i W
22.95 .92 .96 24.82 v iSJiM-'-- ' V ' . ' C.lt lit 1 I
7.09 - .28 .95 &32 , . 'V ' , ;,4 lliii -4
25.40.': 1.02 .96 27.87 . mMmMS - i , - v ;,-- . " f JWWjf Illl f
12.911- .52 j .95::.; 14.38 . t v' ? , -J . IT,H A v A
28.87?.Si 1.15,."-,:.96" .y 80.97 ..yy':.- CZTJ, K'. " M- L I- 1 ' JPf
20.79 -i JM .95,- 22.57 , iBSr ''V"'"''-;-' M. t . ("v I
Viv-.P,.''-. Cost -: Total I !'-'-- . S '. V -.:.," . . ' r I J
.43 $.95 12.03 ; ; ; ---. r: .
.U36- -i95 y -10.22 - - v v -' , - , . V -"X X U WK X"
M : .95 24.82 ' ; , . X' X W A 'WV A -
.29 . .95- 8.40 ; A . A I V J 1 xy M : 1 1
.06 .95 - '(l2.54 . . - ' X M .1 Vjn
'.84 . .95 16.04 - - " I I - ' '
,66.? ,';-95 t 18.06 .... -JV " J
.28 '.96 8.32-.' ' 1 - ,,y;tl."m'"l"'l :
97 - OR 7 97 . : ' ), I'" V "W7
1.98 i .95 ' 62.47 I " " .'
' .13 r.':"J5 4.37 . t . , , n, , mmmjg
,40 .95 11.48 y.; , - , i. , -SJ $l,nl S
.lii 95 8.16 '.;v- ' " W fhnT, 'UVV
6.07' '" .24 ,; .95 , 7.26 c;. ; ; v rlMI'fi X v ST
4.18 V-'.lM -95 5.29 - , '
8.15- .33 .95 9.43 . . . :
'7.07 5 N M h , .95 " f8.80 s , h , , , ...... , 1
Hie5 ' y5 t ' .95 '-, .V 1Z.76 ' -' , - , ' "
mxm fmAbh mwx liriio-Fira Vft with
. 1.28 4)5 - 8.38 ." . , . , , II . . . '..:.:.,'.
1 ,81 ' .95 ! , 9.06 ' i ' , , .,. . '
' fll -: .96 ' . 4.45 ,
JBS .95 . 17.85 " JL i - r- . " '
. ti, , - ' OK " - fl 87 . , - "
M I .. .96 . , 5.16
.3J .95 ' ' 9.62
4.72, .95 . 123.63
'1.07 .95 28.74
' 155 .95 86.05
A9 , .95 . 13.61
.27 Xi .95 t . , '7.97
V; .44 :i; .95 f y 12.53
. Si ' .95. "V;t 9'7
. 146 'A i.95 ...17 0
.06 V-9fr 8 04
;:,28 " VJ5.;,;' 83
v' .19 95 , 6.8G
-v- .."- " .95 - " 6.1(5
.27 . .95 1 7.97
, .24 V l7.27
' . -k13 'i. ,".S&. . 4.29
' 8.76 .98 98.65
-.76 ......96. , 20.61
A3 , .85 1 ' 8.85
.45 .96 12.60
.16 .95 6.16
- .67
. .5,7 " .95 7.97
- .f) ,P5 k 8.85
- .15 " . n.4
! , AS 12.1
! 5 : i t
COMBINE YOUR NEW CHEVROLET PURCHASE
WITH YOUR VACATION PLANS!
Order a new Chevrolet through us, then pick it up
at the plant in Flint, Michigan, see Chevrolet built,
if you like, and drive yours home. Chances are,
you'll save a substantial share of your vacation
travel costsl
o"
' Amt
I owe. Isaac .-.
Iwe, J. I., Market St. ..
I owe, J. I., & Isaac, Edenton RL.
1 sore, Andrew, Brace
1 x, IJ. G., Erace
"n. An'
M.,
unT
u! 1
rt
L t,t.
", j y, ... . .
Lbue
nron, litos. .
. 1, Ti. '
via, .Wte
J...
, C.
7.43
7.15
7.80 ,
8.87.
16.25
8.58.
', 4.06,
8.24
117.96
26.72 -
83.75 '
12.17
: 6.75'
11.14
; 8'V
11.: ):
y2 3'
, 7.G0
-
'4.72'
4.C5;
' e.
6. f i
, 8.J1
t
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7. wJ,
. 11 n
4 ;
!.t L-
... I
180 h n
: , - Some like itliot . . and the hottest of the lot
4" : ' f is, Chevrolet's, "guper" Turbo-Fire V8."
' ' You can spot this one by the twin tailpipes. .-.
- ' They're easy to see because'the back view is
.'.Vi.-';r...u..., just about the only glimpse you get of this -''
1 - astounding performer! No matter whajj, you
?h$ ' "rive you're going to have' to get used to the ,
,,-idga of seeing twin-exhaust Lhevrolets pulling ,
J .away-in traffic,' on the toughest hills, oA the
t-1 long, straightaways, ,'(; , ,
,vu; f .-Unless you have a ."Super -TurboyFire
' V8" of your own. And then you'll know jvhatv
H It's like to pilot flie car that sets the pace for.'
. everything elseand doesnt pause to read the
pride tags! ' . ' ' . ' ' i '
-What makes the Super scat? Chevrolet's su-
If
perb valve-in-head V8, with the shortest stroke
in the industry, the most power per pound, and
the only 12-volt electrical system in its field
fill this plus a four-barrel carburetor and f ree
breathing twin exhausts.t
Want to sample this silk-lined cyclone? Just
give us a call, any day this .week, and we'll be
proud to show you just how hot a V8 can be.
Optional at extra eott. 1 ' ;(
Station wagon models have single exhaust pipes.
motoramic
'1133:-
'J:lel:i
.M.-.V.:.:!;1 .-J;!;!-1-'.1-1-'.'-1'''-''' I
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ft..., J . B..i
f E;yiCliiievFo!et Company
HERTFORD, N. G
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