Maxwell R. Warden !
Elected President Os
Remington Arms Co.
. Executive Is Husband of
Former Marguerite
Goodwin
Bridgeport, Conn., January 7—Chas.
K. Davis, president and general man
ager of Remington Arms Company,
Inc., since the acquisition of control
ling interest in the company by E. I.
du Pont de Nemours & Co., in June,
193.3, is retiring under the provisions
of the company’s pension and retire
ment plan on January 31, 1954.
At a recent meeting of the com
pany’s board of directors, held in New
York City, December 29. 1953, Max
well R. Warden, vice president and
assistant general manager, was elect
ed a director. At the same meeting
he was elected president and general
manager to succeed Mr. Davis, effec
tive February 1. Mr. Davis will re
main a director of the company.
Mr. Davis has spent almost 39 years I
in various executive capacities with
the Du Pont Company and its sub-j
sidiaries.
Mr. Warden assumes his new duties
on February 1. thoroughly grounded in
the policies and procedures establish
ed by his predecessor and through
which Remington Arms Company has
enjoyed such outstanding success in
recent years. As a member of the
Engineering Denartment of the Du
Pont Company, he organized and su
pervised the engineering and construc
tion of the Utah Ordnance Plant, built
and operated for the government by
Remington Arms Company during
World War 11.
Upon completion of the plant, he
joined Remington as works manager
and resident engineer at the Utah
operation, serving in that capacity
from October 5, 1941, to February 23,
1942, when he became assistant man
ager of Remington’s Military Pro
duction Division. As such, he had
charge of four plants, including those
operated by Remington for the gov
ernment. and a total personnel in ex
cess of 50.000.
In December 1943, he was advanced
to the post of assistant manager of
the Production Division, having juris
diction over Remington’s four com
mercial plants located at Rridgenort.
Conn.. Tlion. N. Y.. Kings Mills, Ohio,
and Findlay. Ohio. On March 31,
1015, he became manager of the Pro-
L duction Division and soon was named
■ director of production.
In the fall of 1945. Mr. Warden as
somed. in addition to his other duties,
the important job of chairman of
Remington’s Reconversion and Mod
ernization Program, responsible for
furtherance of Remington’s ambition
projects encompassing the complete
modernization of all of the company
plants.
On April 1. 1948, Mr. Warden was
named vice president and director of
manufacture and was promoted to as
sistant general manager on July 1,
1949, from which position be assumes
the presidency.
Prior to joining the Remington or
ganization, Mr. Warden had served in
many responsible capacities in the
Engineering Department of the Du
Pont Company. His work gave him
an excellent background in engineer
ing. construction and production.
Mr. Warden resides with his wife
and three children at 971 Burr Street,
Greenfield Hill, Fairfield, Conn. Mrs.
Warden is the former Miss Margue
rite Goodwin, daughter of Mr. and
Mrs. Henry C. Goodwin.
« ; 48th .ANNUAL STATEMENT OF CONDITION DECEMBER 31, 1953
EDENTON BUILDING AND LOAN ASSOCIATION f
* 1 Edenton, North Carolina | j
, >; ASSETS £ I
First Mortgage Loans $724,380.75 |
■ Cash Due From Bank 68.209.29 |
4 Furniture. Fixtures and Equipment 3,635.94 i
; U. S. Bonds Held 29,931.71 |
* 1 Office Building 15,000.00 I
‘ , Total $841,157.69 f
* * LIABILITIES 1
( i Full Paid Investment Shares $210,600.00 I
4 Optional Shares 561,343.33 1
1 ' Loans In Process 9,187.49 1
< * General Reserve „ $ 50,000.00
Surplus 9,566.41 1
Other Liabilities 460.46 1
Total $841,157.69 C
CURRENT DIVIDEND RATE 3% PER ANNUM'
\ ■ A LOCAL INSTITUTION j
;, OWNED BY OVER 650 FELLOW CITIZENS 4
Ek
President Os Remington Arms Company ]
I
i
K f JH
i B 1
mL . ' ' / jLmmh '
MAXWELL R. WARDEN
At a recent meeting of the board of directors of the Remington
Arms Company held in New York City, Maxwell R. IVarden, vice
president, was elected president, general manager and a director.
He will succeed Charles K. Davis, who refires January 31. .Mr. War
den is the husband of the former Miss Marguerite Goodwin, daugh
ter of Mr. and Mrs. Henry C. Goodwin. The couple and their three
children frequently visit Mrs. Warden’s parents here.
CAMP GROUND SERVICES j .
Services at the Albemarle Camp
Ground at the southern end of Albe-1 '
marie Sound bridge are announced as
follows by the pastor, the Rev. Luther
Crowder:
Sunday School Sunday morning at ■
10 o’clock. Evangelistic service at 11 |
o’clock. Young people’s service at 6, (
I P. M. Prayer meeting Wednesday I ’
night at 7:30 o’clock. Evangelistic | !
service Saturday night at 7:30 o’clock j
and prayer meeting at Edenton Friday j
night at 7:30 o’clock.
Mr. Crowder also announces the <
opening of the Free Pentecostal Un
ion Mission located five miles from
; Columbia on the Gum Neck highway.
Services each Sunday afternoon at
2:30 o’clock with the Rev. Luther
Crowder presiding. The Camp Ground
1 singers and musicians will furnish the
music and all are cordially invited to i
attend.
“* j
GLENN ANDERSON ELECTED
CHAIRMAN SECURITY DEALERS j
Glenn E. Anderson has been elected j
chairman of the 11th district commit-! j
.tee of the National Association of Se-.i
' curity Dealers. Anderson is the Exec-: I
utive Vice President of Carolina Se- j
bounties Corporation, Raleigh, Char
lotte and New York City investment
banking firm.
Carolina Securities has been repre
i sented in Edenton for several years
by David M. Warren, 301 South Gran- 1
. ville Street.
WHO IS TO BLAME FOR I
TEEN-AGE GANGS?
How do teen-age gangs get start- |
> ed? What can be done to wipe them
i out and how can we help to correct
conditions that lead to gangsterism.
Read John Gunther’s revealing story
in the January 31st issue of
THE AMERICAN WEEKLY
Magazine in Colorgravure with the
BALTIMORE
SUNDAY AMERICAN
Order From Your
Local Newsdealer I
THE CHOWAN HERALD, EDENTON. N. C., THURSDAY, JANUARY 21, 1954.
I’ OTO3ABILITY
OOAYTOMAH.Im
ALONG our thousands of
miles of coastline, our scat
tered territories and protec
torates; ... in fact, in any
| corner of the world, our navy
I can be depended upon to
give a good account of itself. j
| Regardless of the hour or dis- j
| tance. this organization is j
ready to serve you graciously
and sympathetically. Our
j known dependability assures
! you of correct appointments.
■Ocw j
X C |
IWjLLpBJ
CHRISTIAN CHURCH SERVICES
Services at the First Christian
Church have been announced as fol
lows by the pastor, the Rev. E. C.
Alexander:
Bible School, Sunday morning at 10
o’clock; morning service at 11 o’clock;
young people’s meeting at 6:30 P. M.,
evening service at 7:30 o’clock. Wed
nesday Evening Bible Class meets at
7:30 o’clock. Everybody is welcome to
1 all services.
! I Minutes Os County
Hoard Os Education |
The Board of Education held its reg
ular meeting January 4, 1954, in the
office of the Superintendent at 10:00
A. M. The following members were
present: J. I. Boyce, Carey Evans,!
G. E. Nixon, Conroy Perry, D. H.
Berryman and G. B. Potter, chairman.
The chairman, Mr. Potter, called the
meeting to order by having the min
utes of the previous meeting read.
The minutes were approved with a'
motion made and passed.
The County Treasurer’s Report on
school funds for December was read
: and adopted by a motion, made and
| passed. The local school fund treas- 1
urer’s reports for Chowan, Rocky!
I Hock and White Oak Schools were |
read and same adopted by a motion
made and passed.
The Superintendent reported that ]
Carey HoilowelT had resigned from!
the School Committee by reason of
having accepted the appointment as!
"SlflgiEDY*'
|ppT^' —
ALBEMARLE MOTOR CO.
WIST HICKS Service PHONE 289
Going Away?
: i
« •
j
I' , • (
You’ll need Travelers Cheques for your ,
i|’ i
winter vacation. Get them here before you go
g; |
away. They are issued in convenient denomi- ;
iijji
nations which you can cash anywhere—at rail
road, steamship and airline offices, hotels and j
! i
! i stores.
is
jjj |; Don’t risk loss of travel funds! Safe, con
jjjj i venient Travelers Cheques cost only 75 cents
jlj per SIOO. |
i BUY UNITED STATES BONDS j
I THE BANK OF EDENTON i
||| KDENTON. NORTH CAROLINA
|j S'afiety Saving IS 94
MKVtKFB FKPFRXI. RESFRW «T*!FM
MEMBER FEDPRAI. DEPOSIT INSURANCE CORi*ORATION
i l I
County Commissioner. J. I. Boyce •
nominated Wilbur Privott to serve on
the committee, and this nomination
was seconded by G. E. Nixon, and
there being no other nomination, a
motion was made and passed unani
mously that Mr. Privott be appointed.
The Secretary read the bills paid ■
since the last meeting in the amount]
of $5,886.84, and same were approved'
NOTICE!
• This is to notify the stockholders and
members of the Edenton Building- & Loan
Association that the annual Stockholders’
Meeting will be held Tuesday evening,
February 2, 1954, at 8:00 o’clock in the
I Court House in Edenton, N. C.
R. E. Leary, Secretary
mm
fgrghrg
SECTION TWO—:
■by a mobon made by Mr. Berryman
and seconded by Mr. Boyce.
Current expense, $4,143.65; veterans
program, $724.74; lunchroom pro
gram, capital outlay, $416.13; teach
erage fund. $13.84; total, $5,886.84.
There being no further business the
Board adjourned.
G. B. POTTER, Chairman
II W. J, TAYLOR, Secretary
# MoB
-SPEEDUP Jf ALBEMARLE
MOTOR CO.
Do TAKE AtVAKIT/Yie
dtf* i OF THEIR GPECUL
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