Newspapers / Daily Herald (Roanoke Rapids, … / Dec. 4, 1941, edition 1 / Page 19
Part of Daily Herald (Roanoke Rapids, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
SELLER OF STOCK IN CORPORATION COUNTY SOUGHT Littleton Corporation Stock Sold R. W. Craig of Asheville was being sought in connection with the al legedly illegal sale in Ohio of $30, 000 of stocks and notes of the old Appalachian Gold Mining Corpora tion of Littleton, Secretary of State Thad Eure announced last week Eure said trial of Craig was scheduled some time in November or December but the Asheville man I skipped a $200 bond set by an Asheville court after former Gov ernor Hoey honored extradition papers from Ohio. The Ohio Securities Commission I meanwhile is continuing its search for Craig and is beginning an in vestigation into records and finan cial transactions of the alleged gold mining company, Eure said. Craig and two other incorporat ors formed the company in 1936, purporting to be planning a gold mining business in Halifax County, said Eure. Authorized capital was set at $500,000, but no application was filed with Eure to sell securi ties in this State and Eure said he had no knowledge of any securi ties being sold here. Other incorporators were listed by the Secretary of State as John P. Wetz of Aurora, 111., and A. H. McNeer of Lake Alfred, Fla. Each was credited with one share of common stock, and no other stock holders have ever been located. Craig, who gave his Asheville address as Midland Drive, at the time of filing the certificate of in corporation, owned all the stock but since it was necessary to have three incorporators the other two names were given. Craig was listed as owner of 100,000 shares of pre ferred stock in the corporation, and 249,998 shares of common stock. Eure said he had no knowledge of any mining activities by the cor poration and that the charter was suspended in May, 1939, for failure to file a franchise tax report with the State Revenue Department. The Ohio commission has in formed Eure that Craig, who was president of the company, came to Ohio in 1938 and in conjunction with a financing company alleged ly sold about $30,000 of notes and stocks of the Appalachian compa ny. The Ohio commission said Craig and representatives of the finance company were not register ed as securities salesmen, nor were the securities registered. Craig was reported to have told the Ohio investors that he had turned over to the corporation leases on 2,000 acres of Halifax County land containing gold-bear in<y crra'irol cnKantl Uo iifae ooirl I have received $350,000 in the cor poration’s stock in return for the leases. The Ohio commission said Craig told the investors that' he was sell §§ ing stock to purchase a dredge and III get working capital to begin opera |H tions. jgjl The commission said it planned SH to investigate the validity of the SB leases claimed by Craig, the valid JjjH: ity of the issuance of stock on ba tm sis of “bona fide lease values,” and whether the Ohio investors had Bfij been offered stocks not backed by any equitable interests. Eure said Craig, as an incor M porator, could have, sold stocks Bfe himself in this State without being 1H. required to register. He said it was PH possible that Craig could have giv en en stocks in payments for the KB leases on the alleged “gold-bear gS] ing” lands. fv A check on sources in Halifax lj|| County revealed very little know jg| ledge of the corporation, or its ac IB tivities. NH Irvin Dickens of Wilson spent 111 Thanksgiving holidays with his £■ (parents, Mr. and Mrs. C. A. Dick IH ens. r__ ■ ---■ . --— I % Ebenezer | Ti 11111111111111*1 (Crowded out last week) Mrs. Norman Mosley and son, Carlton, spent Saturday in Dur ham. Charlie Jones spent the week end here with his family. Boyd Robinson of State College, Raleigh, was a visitor in town over the week-end. Walter Myrick of Henderson is spending several days this week with his family here. Miss Ethel Staten left Wednes day for Norfolk, Va. Mrs. Ivey Hale spent Friday in Roanoke Rapids. Raymond Hardy of Rocky Mount spent the week-end in town. Garland Daniel, who has been spending some time in Raleigh, has returned home. Miss Beth Partin of E.C.T.C. spent the Thanksgiving holidays with her mother, Mrs. Alice Partin. Miss Mary Shearin spent Sunday in Vaughn. Alice Cooke visited in Halifax last week. Jimmie Threewitts, Fred Han cock, Maynard Hale, Mrs. W. T. Threewitts and Miss Blanche Threewitts were in Wilmington Sunday. Miss Lelia Parten of Williams burg was a visitor in town over the week-end. Mr. and Mrs. R. L. Topping of Roanoke Rapids were the guests of Mrs. Dora Myrick for the week end. William Bailey of Henderson was a visitor in town on Saturday. Mr. and Mrs. Joe Wollett were in Norfolk Saturday. Y.W.C.A. MEETS The Y.W.C.A. of the local Baptist Church met Monday in the home of Misses Maxine and Marylyn Cole. Miss Margaret Crawley was in charge of the program. Those taking part were: Alice Newsome, Margaret Crawley, Ruth Topping, Ruby Topping and Maxine Cole. Sandwiches, cakes and coffee were served. ENTERTAINS Saturday afternoon Mrs. M. P. Cassada entertained the Wyanoke Study Club. On the program were Miss Carrie Helen Moore and Mrs. H. C. Worthen. A salad course, coffee and cake were served. ATTEND DANCE The following attended the dance given by Sally Ann House on Nov. 20; Emma Bonney, Hattie Daniel, Mary Ellen Egerton, Gertrude Eg erton, Jack May, Mary Alec Wells, Annie Farmer, Ruth and Ruby Topping, Jean May, Mary Crews Myrick, Palmer Matthews, Edith Tillery ,Mary Norman Fishel, Dor othy Johnston, Leon Crawley, J. P. Harris, Harry Fishel, Jim Rook, Billy Morgan, Anthony Johnston, Norfleet Johnston, Billy Palmer, Ned Long Clark, Jack Clark, Ru dolph Topping, Robert T. Currin, James Myrick, James Leach, Jack Cells, Bobby Patterson, and Bobby Jones. INSTITUTES ON SAFETY A series of institutes for super intendents, principals and high school teachers in safety education and driver training was announced by Professor E. E. Garbee, Presi dent of the North Carolina Phy sical Education Association. Gar bee, who is head of the Department of Physical Education at Appa lachian State Teachers College, at Boone, stated that the Physical Ed ucation Association had the full support of the Highway Safety Di vision and the State Department of Public Instruction in initiating this program. “In the opinion of the North Carolina Physical Education Asso ciation,” declared Garbee, “the pub lic schools face no finer field of service than that suggested by the present appalling total of fatalities, injuries and property damage in North Carolina due to traffic acci dents. Those safety institutes will be held at Brevard College, Brevard; Appalachian State Teachers Col lege, Boone; Gastonia High School, Gastonia; Mars Hill Junior Col lege, Mars Hill; Albemarle High School, Albemarle; Guilford Col lege, Guiforld College; Oxford High I Snhnnl rivfor/1 • PUntnn Uin-U School, Clinton. Superintendent V. C. Matthews of the Halifax County Schools is planning to attend the institute at Oxford. Discussion leaders for these in stitutes include Mr. Charles Spen cer, State Department of Public Insrtuctions, Dr. Walter Cutter, Highway Safety Division; Herman Schnell, University of North Caro lina; Ralph Andrews, Western North Carolina Teachers College; Kenneth Iverson, Miss Cleon Haynes and E. E. Garbee, Appa lachian; and N. Carl Barefoot, Highway Safety Division. The institutes will be held on Friday, December 5, from 3-5 o’ clock p.m. Mr. and Mrs. Hugh Smith and sons of Roxboro were week-end vis itors in the city. Funeral Services Mrs. Hattie Wells Mrs. Hattie Weiis of this city died at the home of her daughter in-law, Mrs. J. C. Wells on Hamil ton Street, Saturday morning a bout 4 o’clock. She died from a heart disease, and had been ill only a few days. A native of Halifax bounty, Mrs. Wells had made her home with her daughter-in-law for the past twen ty-two years. Funeral services were held Sun day at 3 o’clock from the Rosema ry Methodist Church. The Rev. Paul Fields, pastor, officiated. Bur ial was in the local cemetery. Pallbearers were O. W. Hales and G. R. Batts of Wilson, and Roger Cooke, Vernon Vinson, J. C. O’Dell and O. Griffin of Roanoke Rapids. She is survived by two brothers, George Wells of Clinton, ana Hor ton Wells of Miami, Fla. GOES TO NORFOLK Mrs. Addie F. Medlin of this city who has been relieving in the an aesthesia department of Watts Hospital at Durham, will go to St. Vincent Hospital at Norfolk, Va., on December 8, for two months re lief work in the anaesthesia de partment there. Clarence Byrd of Quantico, Va., spent the week-end here with his parents. 86.8 Proof. 72?« grain neutral spirits. Carstairs Bros. Distilling Co., Inc. Baltimore, Md. -— -——3 HERE’S YOUR CAR for times like these! The quality car in its field today for roominess and power ... for its fine new ride and style. And the quality car in sound construction to meet the years ahead! Drive one today and see what this Ford is like! * * * Own America’s thriftiest "8”, or America’s most modem "6”. Ford now builds both! * * * Enjoy the "new Ford ride” now finer still... on lower, wider chassis, with longer, softer springs! * * * Own a car you’ll drive with pride . . . new in style inside and out, and good for years to come! • * * Ride in room to spare, in big, wide bodies of one piece welded steel for lasting quiet! * * * Invest wisely for the future ... in the long-life quality car of the low price field! * AMERICA'S NO. 1 CAR INVESTMENT - L j WHITE MOTORS, INC. Roanoke Avenue at Ninth Roanoke Rapids, N. C. I
Daily Herald (Roanoke Rapids, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 4, 1941, edition 1
19
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75