Charles H. Smith
Serving In Japan
. With rhe Eighth Amy in Carrip
Ka- Crawford, Hokkaido. J.<pan ? Rf .rui;
Charles H Smith, the son of Mr.- L,e
. la Smith* King< Mountain. X C..
!, . has recently received hi;^ coveted pa
ratrooper wings.
Ret. Smith joined thc> Army 12
June 1948. ai Kings Mountain. X. C
Upon his arrival overseas he volun
teered for the 'famed 11th Airborne
Division. Later he was sent to rhe Dl
vision Training Center, where he at
tended a Course of instruction in
parachuting, landing, falling, and
. erftiurance running. This course re
qui->es determination, self disci
pline and physical testation.
Ret. Smith has been assigned to
Company D, l.S7th Glider Infanir\
Regiment. 11th Airborne Division,
uarjoned in Camp Crawford, Hok
kaido, Japan.
Recognition that alfalfa is a,
-"lime-loving" pi:ni and that it also!
has a high requirement for phos
phate, potash and borax has prob
ably been the most imjxirtant single
factor'in enabling Xorth Carolina to
expand production of this crop, s?y?
W. W. WoodhoUse, jr., .of the State :
Experiment Station.
The North Carolina Jersey Cattle
Club will hold its annual meeting in
Statesville January 13.
Charter No. 5451
Reserve District No. 5
REPORT OF CONDITION OF THE
FIRST NATIONAL BANK
of Kir.gs Nlouniain in the Stale of North Carolina, at the close >f business
I on December 31. 1948, published in response to call made by Comptroller
of the Currency, under Section 5211, U. S. Revised Statutes.
I
ASSETS
? 4
. Cas/i, balances with other banks, including reserve
- balance, and cash items lit process of collection $1,398,247.34
United States Government obligations, direct and guaranteed 1,368,558.00'
.. Obligations of States and political subdivisions 175,005.00
'j. Other bonds, notes, and debentures . 124.000.00
Corporate stocks (including 55,550.00
stock of Federal Reserve bank) 5,530.00
Ix>&ns and discounts (including $ None overdrafts) 776,417.15
Bank premises owned $49,250.00,
furniture and fixtures $9,750.00 ,59,000.00
Otlher assets '....... 2,720.00
TOTAL ASSETS t $4,109,497.49
LIABILITIES
Demand deposits'of individuals,
partnerships, and corporations $2, 534, f jo. 28
Time deposits of individuals,
"partnerships, and corporations 680,536.39
Deposits of United States Government (including postal savings 60,030.74 j
Deposits of States and political subdivisions 526,166.01 1
Other deposits (certified and cashier's checks, etc.* 15,335.16
'?J TOTAL DEPOSITS .... $3,816,623.58 j
Other liabilities 1,569.22!
? ..... . i
TOTAL LIABILITIES :... $3.848.192.80 j
CAPITAL ACCOUNTS j
Capital Stock!
' Common Stock, total par $100,000.00 $ 100,000.00
v.Surpluj I......; 100,000.00
fcy. Undivided profits 31.304.69
f\ Re serves (and retirement account for preferred stock) .30,000.00 j
K&ii. ? . \#w ' 'T!*-. - . . ?
TOTAL CA>PITAT. ACCOUNTS !7. $261,301.6
-4 1
TOTAL LIABILITIES AND CAPITAL ACCOUNTS $4,109,497,491
MEMORANDA
* , ?
- Assets pledged or assigned " ' . *
to secure liabilities and for other purposes $ 845,900.001
Loans as shown above are
after deduction of reserves of 8,617.04
State of North Carolina,
County of Cleveland ss:
I, L. E. Abbott, cashier of the above-named bank, do solemnly swear that
the above statement is true to the best of my knowledge and belief.
L. E. ABBOTT, Cashier
Sworn to and subscribed before me Correct ? Attest:
this 4fh day of January, 1949. M. A. Ware ?
M. Carolyn McDaniel, G. A. Bridges
' Notary Public P. M. Nelsler
My Com. Ex. 4-28-50 Director i
Letter To Editor
I'o.ihe Ediipi :
Beveiagc alcohol in a:i of its?
forms is, ami n>?? in>en irom linto
immemorial, a ?u;iaA,
ctnd lias never j)ui>inr> rv?t <y "Legal
Control ' iii spr.e oi a.'i ci.nms to lite
contrary. t,\en here in Cleveland
county wheie they claim ' Legal
control" lor beer, ar\d further thai
i>. will not into.\icate, 1' tninK 1 am
sale In saying, tiom ha-i to two
thirds ol the cases irieil in the Mu
nicipal Courts, are lor puimc uruiiK
ennesi, driving while drinking,
lighting and brawling as a result
of drink or .some other kind of crime
either directly or indirectly connec
ted with the effects of bt\erage al
cohol.
They told us to legalize wine beer
and .Jiquor, ar\d it would s!op the
blind tiger operations. They knew
that was untrue when rhey said it.
The fact is whev??\*er you find legal
ized beverage alcohol you also have
the blind tiger operating in high
gear, and the legal liquor is a
smoke screen for the blind tiger. Be
sides legal alcohol gives us the lion
with eyes all around his head,
which is far more destructive than i
tlie blind tiger. Besides it puts ev
ery citizen in the county into the li
quor business and makes us acces
sories before the fact, for alt jnan
slaughter, murder, and all other
crimes -legal alcohol causes drink
ers to do. Thus we become guilty
with hte drinker for all of such
crimes.
Besides, the little tax money we
receive os ofset many times by the
cost incurred by the effects of al
cohol, "In every case where the
facts were known it has been found
that approximately one half the to
tal costs of maintaining police de
partments originated in alcohol.'' ?
Dr. Roy L. Smith.
The annual costs of caring for the
mental patients whose illnesses;
have been caused or precipitated by
alcoholism; also the financial- cost ,
on others due to inebriety. To say 1
not'hing of money spent for cures
of alcoholics, property damaged by
them; and rhe alarming destruction
of character, time lost from work
and many other things too numer- '
ous to mention.
The only safe thing to do is to
vote against legalizing alcohol in:
all forms, and work to get removed
from the laws of North Carolina the ,
Laws tfie Liquor interests had put !
thefe, sudh as the "Gallon" law and
all orher laws legalizing lawful pos
session of alcoholic beverages. Also
get officers thai will do their best
to get rid of the Blind Tigers,
G. W. Fink, Pastor
Grace Methodist Church
Bundy Studio Moved
To Crescent Hill
Bur.dy Studio has moved to 506
Crescent Hill road, residence of
Ben Bundy, owner, according to an
announcement made iasrt week.
The business was formerly located
in the Morrison building and was
previously above the office of Dr.
J. E. Anthony.
"We moved in order to give our
?patrons better service ? there will
always be someone at the studio
now, 24 hours a day, se\ en days per
week, ready to serve you," Mr. Bun
dy said in making the announce
ment.
Mr. Bunday said he expected to
have a telephone installed in the
I
TIRE CLOSE-OUT!
We Are Going OUT of The Tire Business!
BARGAINS GALORE!
' ,/? ??' ' ?'%'? f, ' -* \ ? .'S- . I- ' ' 14 " - '
All Tires and Tubes Now In Stock
Ml? IS 6.70?16 7.50?20
tSS? IS (Air Cushion) 0.25?20 10-ply
f,"
1
"> a
i: ?- -W ? ?
I
?
I
Marked At Cost and Below!
' ' ' ? ? ' ? . " -> ? . ?
. :k ? ? -1 " . , . *? . .? .. r ' ' i* *" . ?
. s,. . V*
For Heal Tire Bargains Drop In At
fljCTORY CHEVROLET COMPANY
?24 HOtm WRECKER SERVICE? v
Day Phone 49 Night CaU 351 -W
l r ?? v- .v ,
3 ? v. v- ? ' ' - ? >' ?' i '?"?/ ' . .' ? :- ^ ??" - - a j? , ? . r* '. ' . i ? '? ' \ ..
in,' ? -
BREVARD. N. C.. Jan. 5? Bob Davis and his Orches tra. pictured above, have recently completed a se
ries o 1 entertainment engagements throughout the Western Carolinas during the holiday seasons.
Members of the orchestra are (left to right) Iront row: Jack Prince, vocalist. Kings Mountain; Lois
Startton, vocalist, Reidsville; Dana Harris. Jr.. Shelby; Jim Wofford, Greensboro; Bill Duckworth.
Brevard; Bob Davis, director. Gastonia; Second row: Thurmond Rogers. Brevard; Carl Guin. Gas
tonia; Robert Norwood, Brevard; J. C. Grose. States ville; Tommy Day. Gastonia. Third row: Eddie
Miller. Alexandria, Va.; Hugh Griffith, Monroe; Wayburn Houch, Todd. All members of the orches
tra are Brevard college students. The orchestra was organized in the fall of 1947 by Bob Davis, a
sophomore from Gastonia. who had his own orch estra in Gastonia prior to coming to Brevard Col
lege. The orchestra has played for a number of occasions qt the college including* all the dances
held there this yean
Girl All-Stars Take
Shelby Nurses 38-18
Kings Mountain all-star girls bas
ketball team defeated Shelby hos
pital nurses in Central gymnasium
on the afternoon of Dec. 24 by a
score of 38 18.
The game was deadlocked at
half-time 12-all but the local las
sies, led by Barnette with 17 points
and Reynolds with 15, turned on the
steam and wo^ going awav.
The lineups:
Kings Mtn. (38) Shelby (18)
Barnette, 17 Taylor, 8
Reynolds, 15 Chiiders, 3
Medlin Flynn, 7
Floyd, \ Tyson, 1
Roberts, 2 Rortonbury. 7
Jackson White
Ho'yie ? llarri.x
Whitley Eaker
Smith ' .
Patterson
The nation's commercial hatcher
ies produced 58,576,000 chicks in
November to set a new record for
the month. - i VV- f *-r
Sji'V'-Iy y* :*?? ? f tf
Spoilage of stored cottonseed Is a, The average peracre yield of fo
serious problem to Southern cotton bacco in North Carolina in 1948 wa a
farmers and cottonseed oil millers. 1,236 pounds, as compared with ait
In some years it costs them million* average of 999 pounds from 1937
of dollars. 1946.
For Highest Quality Foods
BLALOCK GROCERY
Serving Kings Mountain Over 13 Years
Phone 58
? The Herald $2.(W Per Year?
YOUR ONE-STOP
Fellow Voters:
On Saturday. Jan. 8. you will decide by your vote whether ws will re
tain the legal sale of beer or vote it out.
Actually, we are not voting on whether we will have beer or not. but
on HOW it will be handled? LEGALLY OR ILLEGALLY. For what will
prevent bootleggers from selling beer at higher prices II we vote out le
gal. controlled sales of this beverage of moderation?
So. you see. the question is this: Do you favor a proven system of legal
control which has brought law and order and needed revenue to our
county, or do you want to place the sale of beer in the hands of bootleg
gers and let them reap the benefits of the revenue needed so badly by our
county and municipal governments?
You surely agree that beer SHOULD NOT BE TURNED OVER TO
LAWLESS ELEMENTS. Isn't legalized control much the better solution?
#
If legal beer is' voted out. some of our county and local government ser
vices must be curtaiTM or stopped unless the lost beer revenue is re>
placed by INCREASED TAXES OR NEW TAXES. On the basis of the
first distribution of beer taxes to counties and municipalities, our county
would stand to lose about $50,000.00 a year. CAN WE AFFORD IT?
We urge you to take a calm, commonsense view. Legal control of beer
is good business and good sense. It promotes sobriety by holding down
the sale and consumption of bootlegged hard liquor. Let's keep it this
way In our county.
Be sure to vote Saturday so that ALL THE VOTERS will decide this
issue which is so vital to our county's welfare and progress. Another
vote on the question cannot be taken for three years. Don't take a chan
ce with our prf?*ct syitem of legal control and revenuel Vote "FOR THE
??
LEGAL SALE OF BEER."
Sincerely,
Cleveland County Committee
Foi Legal Control of Beei