Newspapers / The Chowan Herald (Edenton, … / Dec. 13, 1934, edition 1 / Page 8
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PAGE EIGHT I Housing Question Box 1 Question: Does wall paper and its hanging come under the heading of items which can be financed by loans insured by the Federal Housing Ad ministration ? Answer: Yes, wall paper and pa pering may be financed according to the administration’s regulations. Question: Is it possible to obtain funds for the construction of a small roadside market building on vacant land under the modernization credit plan of the Federal Housing Admin istration ? Answer: Under revised regulations of the administration, financial in stitutions may make loans for the improvement of vacant land under the credit plan. The advisability of mak ing such loans is left to the discre tion of the lending agency. Question: Is it possible to install heat control devices with a loan ob tained for modernization under the Federal Housing Administration plan ? Answer: Automatic feeding de vices, thermostats, humidifiers and similar equipment may be purchased with funds borrowed from private lending agencies under the adminis tration’s insurance plan. Question: What interest rate, ser vice charge, and insurance premium will be applied under the Federal Housing Administration plan to an insured 20-year mortgage in refund ing an existing mortgage if the new mortgage granted by the same lend er to the same borrower? Answer: The charge here would be 5% per cent interest calculated on outstanding balance, 1 per cent premiums calculated on the original facfe. value of mortgage, and no ser vice charges. Question: Can the present mort gage on property existing before June 27, 1934, be converted into an insured 20-year mortgage before the present mortgage falls due? Answer: If the mortgagor and mortgagee agree to re-write the present mortgage, and the other re quirements are fulfilled the new mortgage will be eligible for insur ance. Question: Is linoleum eligible for financing under the rules of the Na tional Housing Act? Answer: Yes, provided it is fas tened or cemented down. Question: The house of my ten ant farmer is in bad shape. Can I get a loan under the National Hous ing Ac ♦ and repair it? He agreed some years ago to buy it, together with five acres surrounding, but the times have been so bad that he has paid virtually nothing on it. Will this agreement stand in the way of mv getting a loan? Answer: If ownership can be es tablished he can get the loan. If the tenant has established a definite equity it will be up to the tenant to negotiate such a loan. The owner might endorse the note so as to gm the tenant better credit facilities. Question: Can I get a loan to build a roadside market stand? Answer: Yes, such a loan is elig ible for insurance under the regula tions of the Federal Housing Admin istration. Editor’s Note: Any information regarding loans in Chowan County under the Federal Housing Adminis tration can be secured at the Bank of Edenton. Farmers Vote Friday To Effect Cotton Prices The Bankhead referendum Friday, December 14, will determine the fu ture of the cotton adjustment pro gram, says Dean I, 0. Schaub, ol State College. If the growers vote for the act to continue through 1935, he says, pro duction can be kept within reason able bounds and prices maintained at a fair level. If the act is voted down, growers who did not sign contracts will likely push production well above the amount required by- the market and prices will again -tumble below the cost of production, the dean warns. All contracts will be continued m effect next year. If the Bankhead act remains in force, Schaub said, the 73,000 growers who signed up will he protected from the potential expan sion of the 40,000 growers who <Jia not sign. v Since the reduction In acreage and production required under the con tracts will not be so drastic next year, Schaub pointed out, the allot ments under the Bankhead act will be larger. In 1933, the contract reductions will be only 25 per cent of the base average, as compared with a 40 pei cent reduction in 1934. This win actually mean an increase next year of at least 15 per cent over tlie amount allotted this year. However, if a grower wishes to get extra payments by reducing 30 per cent 'under his base, he will be allowed tp do so. And further A »)£X§)©(sX§)©$XsXsXSX§)®(§)(S)(SX§)(§XSXSX2X§)®(S&®$X§ i reductions will not be accompanied ’ by additional payments, i The rentals will be at the rate of - three and a half cents a pound on the average production of the land re ■ tired from cotton cultivation and the > parity payments will be one and one fourth cents a pound on the grow ers’ domestic allotments. i .... i . ' , 1 Gives Curing: Hints S For Home Pork Supply Meat curing is a race between the ! growth of bacteria and the penetra . tion of 3alt into the meat, says Earl > H. Hostetler, in charge of livestock . research for the North Carolina Ex ■ periment Station. By keeping the meat chilled to check the growth of bacteria, farm ers may materially aid salt in win [ ning the race, he added. A temperature of 37 degrees ! should be maintained throughout the i curing period. Meat can be cured at higher temperatures, he said, but the are greater. A tempera ture lower than 37 degrees will re tard curing. A little sugar and saltpeter added to the curing mixture will add flavor and color to the meat. Eight pounds of salt, two pounds of sugar, and two ounces of saltpeter is a standard recipe for curing 100 pounds of pork, Hostetler continued. The cure may be applied either as a brine or a dry mixture. The brine cure is made by dissolving the salt, sugar and saltpeter in four and a half gallons of water and submerging the meat in this solution. In the dry method, about one third of the mixture is rubbed on when the meat is put in cure, an other third, three to five days later, and the remainder, about 10 days after the first application. In the dry cure, the time required.' ' for bacon strips and other thin cuts 1 is about one day per pound; loins. 1 about one and a half days per pound; joint meat, hams or shoulders, tw# 1 to three days per pound. Joint meat, hams and shoulders ’ will brine cure in four daya per pound. A mild brine cure for loins, bacon strips and spare ribs is made by dissolving the mixture, given above, in five and a half gallons of water. Spare ribs brine cure in five to seven days, and average weight bellies and loins in two or three weeks. XKqßjKMsfcaSg wifel S I SPECIALLY DESIGNED accessories at Don’t let small troubles REASONABLE PRICES 11 IIVWWIG9 r D l »r grow into big repair bills < Wf* \\T K HAVE oun d that owners who do not neglect little W troubles, but bring their cars to us for regular in ■■■■■■■■■■■■l spections, keep their repair bills at a minimum. Big repair bills often grow bom little troubles which HIHHH are not corrected in time* SPECIAL TOOU AND IOWIPMINT Bring your car to ua today, or we will gladly call for and <W dolhrer it to you free of charge. Our experienced service mea will ghre it a rigid inspection and if anything is PARTS wrong, you wtu be advised about it. Perbap* toe can save ouarantivo wom ytm a big repair bilU We like to save our customers money. AT PAIR PMCM MOTOR COJj THj'QgPWAN HERALD, EDENTON, M. ft, THURSDAY, IMPCSMBEB 16, JM4. 1 NORTH CAROLINA VOTE TO DECIDE TOBACCO RESULT An Associated Press dispatch sent from Washington said: “The voice of the North Carolina grower will speak loudest in the ref erendum to be conducted among pro-, ducers of flub-cnred tobacco on the Keir-Smith tobacco control act through 1935. ' f ' “The way North Carolina votes probably will decide the result, as that State has 56 per cent of those eligible to participate in the referen dum, and three-fourths of the flue cured acreage. “Os the 111,807 signers in the five BAYVIEW T BARBER SHOP ERNEST L. WHITE, Prop. r Barber Service That Pleases SHAVE 15c SHAMPOO 35e ■ HAIRCUT ...35c MASSAGE 35c 104 East King Street Edenton, N. C. ■ - * Phone 204 1 WmjMjMb prompt 1 VBSr DELIVERY I Cfl Cold weather is here ... fill your coal bin | with good quality COAL by calling.. EDENTON FEED & FUEL CO. 1 CJMR FARMER... we have just received a I car load of Salt.... fine for curing meat. I See Us For Prices I Edenton Feed & Fuel Co. I Edenton, N. C. 1 (S)®®(SXsXsX*XsXsXsX*XsX*)(sX*X*X*XsX2XjX2XsXSX2XsX2XS®®®®®®®®®o®®®®®®®®®®®®®(sXsXi states, 73,452 are Ideated in North Carolina. South Carolina is next with 13,277, Gfebrgia'has' 12,368, Virginia 11,672 and Florida only 1,068. “The flue-cured tobacco control plan was the first worked out for to bacco, and has been followed by plans for buriey and other types. Only flue-cured growers will be polled in the referendum, but it was said at the farm administration that polls of others probably would be taken. GATES FARMERS BUY PIGS Three Gates County fanners bought 16 pure bred Hampshire breeder pigs at Goldsboro from the State farm last week. Notice! Notice! Sale of Shares of Stock in l M Resident Corporations Under and by virtue of my power and au- 4 thority as Commissioner of Banks for North I Carolina and as provided by law, Chapter 388, Public Laws 1933, and Section 218 C-1, Chap ter 5 C. S. of N. C., I will sell for cash, to the highest bidder, before the Court House door in Edenton, N. C., at 12 o’clock M., on Satur day, December 29, 1934, the following shares of stock in Resident Corporations, to wit: I Ninety-four (94) shares of stock in the Edenton Peanut Company, represented by stock certificates: No. 254 for 12 shares. j I No. 255 for 36 shares. j No. 256 for 20 shares. J No. 260 for 10. shares. j No. 267 for 10 shares. J No. 268 for 6 shares. The par value of each of the above shares of stock is SIOO.OO. Also four (4) shares of stock in the Edenton Cotton Mills, represented by stock certificate No. 408 for 4 shares. Par I value SIOO.OO per share. I At the same time and place and by my Ssame power and authority, I will offer for sale, on same terms, the following shares of stock. These shares of stock are held by the | Bank as Trustee and were collaterated to the ißank by the following persons as collateral to their notes certain dates as follows: i 1 20 shares Edenton Peanut Company stock \ | No. 251 collaterated by F. M. Bond, as collat- l I eral to his note dated November 6,1930. i | 40 shares Edenton Peanut Company stock J INo. 266 for 5 shares, No. 257 for 30 shares and* No. 258 for 5 shares, collaterated by Thos.™ Chears as collateral to his note dated Novem- 4 | ber 18, 1930. 39 shares Edenton Cotton Mills stock No. j I 383 collaterated by W. R. Capehart as collat- [ 1 eral to his note dated June 11,1930. i i i i I Cl Jj 7 shares Bank of Edenton stock No. 317 | 1 for 3 shares and No. 218 for 4 shares collater- l I ated by A. M. Forehand as collateral to his j I note dated October 7,1931. 5 shares Bank of Edenton stock No. 141 | 1 for 5 shares collaterated by R. E. Forehand as ! j collateral to his note dated October 9,1931. All the above collaterated shares of stock I will be sold under the provisions of the said I collateral notes and under and by virtue of my.- I authority as Commissioner of Banks for North 1 Carolina. \ This November 27,1934. pi GURNEY P. HOOD, I Commissioner of Banks for North Carolinl w. O. CRUMP, y ■ Liquidating Agent. * 1 . .. W. s * FfafflE^-ttorney.
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 13, 1934, edition 1
8
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