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XM{Ri,*S IR I
NO. 4
H. W. Whitcomb (second from left) presents student center building fund plaques
® (from left) Dr. L. H. Hance, W. R. Kiser, F. E. Barron and N. F. Young.
Company Honors Fieldcrest Scholars
cholarjhip Recipients Are
l^bests At Luncheon Prior
*0 Returning To School
J'ieldcrest Scholars—employees’ sons
daughters who have received schol-
'■ships from the Fieldcrest Founda-
P* *'"—were guests of honor at a luncheon
®ven by the Company at Meadow
^feens Country Club Thursday, Aug
ust 29.
^(tending the luncheon with the
^dolarship recipients were Harold W.
^hitcomb, chairman of the board,
^uldcrest Mills, Inc.; G. William Moore,
Resident; Richmond R. Roberts, vice
P''esident—finance; and William B. Lu-
assistant secretary and counsel.
.Also attending were H. H. Newton,
^vision vice president—industrial re-
hons; R. F. Bell, personnel manager
*■ the North Carolina Finishing Com-
division; J. J. Beck, Smithfield
^srsonnel manager; S. R. Culligan, per-
Uhnel manager at Forest City and
‘'lount Holly.
Mr. Newton presided and recognized
'^3rious guests. He asked the Field-
est Scholars to introduce themselves
I'd tell of their college and career
In their talks, the recipients ex-
j, ®ssed appreciation to the Fieldcrest
oundation for assisting them in obtain-
2 a college education.
^j^'^esident Moore made a brief talk in
of knowl-
'’Se is increasing so rapidly that con
tinuing education is necessary to avoid
obsolescence.
With reference to careers in business,
he pointed out that business offers cre
ative opportunities as well as a means
of livelihood. He said that profit is not
a dirty word and that profit is: neces
sary for the good things of life.
Without successful businesses behind
the various philantropic foundations
such as the Fieldcrest Foundation, there
could be no grants for education or
other beneficial purposes, he said.
Chairman Whitcomb made brief re
marks at the close of the program and
praised the ideals of the Fieldcrest
Scholars and their desire to make a
place for themselves.
He said he was proud of the records
of those who have received scholar
ships and pleased that the Fieldcrest
Foundation was able to assist them in
realizing their ambitions.
Scholarship recipients attending were:
Larry I. Denny, Barry T. Byrd, James
R. Finney, Jan Atkinson, Sarah F. Duni-
vant, Frances Fair Merriman, Mary
Ellen Lay, Charles M. Clifton, Susan
A. Gambill, Carolyn G. Phillips, Nancy
A. Thomas, Marvin E. Brinkley, San
dra L. Combs, A. Michael Hall and
Allen W. Cobler.
Fieldcrest Scholars not present were
Jovita Flynn, Ronald L. Martin, Ned
Gardner, Sherry Wood and William
Husak.
Chairman Awards Are
Given To Four Units
Chairman’s Award plaques have been
presented to four employee groups at
Fieldcrest for their outstanding and
generous response in the building fund
campaign for the new student center at
Rockingham Community College.
Recipients of the awards, given by
Harold W. Whitcomb, chairman of the
board, Fieldcrest Mills, Inc., were the
employees of the Bedspread operation.
Blanket operation. Standards Depart
ment, and Technical Services.
The Bedspread employees, with
63.1%, won the Chairman’s Award for
having the highest percentage making
contributions in the campaign, conduct
ed in November, 1967. The Standards
Department, with 91.7%, received a
similar plaque for having the highest
percentage of contributors among the
staff departments.
Greatest Per Capita Gifts
The Blanket employees, with an av
erage gift of $27.56, won the Chairman’s
Award for having the greatest per capi
ta gift among those donating. In the
staff division, the Technical Services
Department, with an average contribu
tion of $47.26 among those participating,
was awarded a similar plaque.
In an informal ceremony at the Gen
eral Offices, Chairman Whitcomb pre
sented the plaques to: F. E. Barron,
manager of the Bedspread operation, W.
R. Kiser, director of standards; N. F.
Young, manager of the Blanket opera
tion; and Dr. L. H. Hance, division vice
president—research and engineering.
The mill managers and staff officials
accepted the awards on behalf of the
employees, to whom they gave all credit
for the fine response in the fund drive.
The plaques are to be displayed at the
(Continued on Page Eight)
Dividend of 35c To Be
Paid For Third Quarter
Directors of Fieldcrest Mills, Inc.
have declared a quarterly dividend of
$.35 per share payable September 27 to
holders of record September 13.
This dividend is a $.05 per share
increase over the amount paid in the
third quarter of 1967 and the same in
crease over the amount paid in each
of the first quarters of 1968.