Newspapers / The Chowan Herald (Edenton, … / Dec. 24, 1959, edition 1 / Page 10
Part of The Chowan Herald (Edenton, 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
PAGE TWO i-acneif two ; r lmw yomi social sraim ' k | P. E. BHWndoit representative of the Social Security Ad- I ministration, it in Edenlon every Thursday at tha North Caro. * j lino Employment Security Commission in Cttisons Bank , I Buildinq. For many self-employed farm ers, October 1, 1959 was an im portant date. On that day they, for the first time, achieved so-; cial security disability protec- 1 tion. j While social security offices J have been paying disability claims for over two years, se.f cmployed farmers have not prev iously qualified on the basis of their farm earnings alone. The reason is that they lacked the required working time under so cial security. f The law says that to get dis ability protection, a person must have 20 quarters of work cover-j ci by social security out of the 40 calendar quarters before he became disabled. Since self employed farmers came in’o the social security program starting; with 1955, they could not meet! the work requirement until the 1 last quarter of this year. They have now acquired insured standing if they have reported; taxable net earnings of S4OO or; more yearly for 1955 through 1 1958 and will have net earnings of at least S4OO for 1959. Besides meeting the work test, a farmer, like all other working people, must be so severe'v dis cb'ed he is unable to do any gainful work. N>nv Prm’eot To Hplo Group Farm Families i A new educational project to boost farm income is under way throughout the state. The proiect is bui’t around ; cid to md vidua-’ 1 families, but is also' des : "ned to help agreiu'-: torn! workers develop ways of. increasing efficiency and pro-, grass on the farm. It is to be orried out under the state’s farm and Home Development rvrx—n'M, w h ; eh has been started, in 44 Tar Heel counties. “Two farm families in each of the 44 counties will be se-! fa ted for he'p,” s aid D. G. Har wood, rural develoDment specia’-i ist with the N. C. A “ricuUural j F.vfansion Service. “They'll be young families who are ready and willing to cooperate in the We hope you are sur -4/54 Season. Our sincere ......... y— an, o i Western Auto Associate Store i I Merry Christinas | m I and a Season’s Greetings Are m f/ie air Just remember To drive with care! * j| j W. P. Jones & Son Sinclair Service If we assume a farmer has in sured standing and also meets the disability test, what pro.ee ; tion does he have? I Such a farmer can qualify for '.monthly social security payments !if he is age 50 or over. Since a six-month waiting period is set by the law, a farmer now dis abled could first qualify for a check beginning with next April. In addition, his child under age 18, would also get payments. | His wife, too, would get checks lat age 62, or regardless of her ‘ age, if she has in her care a child who is qualified for pay ments. ! If the disabled, insured farm er is not yet ego 50, he cannot get monthly payments, but he should file a claim to “freeze” his social security account. Th’s j will protect his and his family’s ] rights to later payments and also keep the benefits from being re duced because he his become unable to work. Any farmer who becomes so j disabled he is unable to continue 1 , working should get in touch with I i the nearest social security office jto check on his rights to claim payments or to “freeze” his so cial security account. The next article in this series will explain the disability requirement more! fully. program. Selecting is based on varying types of farming in each county.” Harwood said aid will he giv en to the families in keeping farm records and planning farm operation. Agricultural agents and home agents will help the familes with the latest methods of planning simplified program ming and record keeping. The project has been explain- 1 ed by Dr. W. L. Turner, head of extension farm management at State College, at annual meet ings of Extension distrets all over the s‘ate during the past month. Deadline for selection of the families in each county has been set. at December 18. “The problems facing farm! families are becoming more nu-j merous and complex.” said Har-I ward. “Some of the pressing problems are: Declining net in- I comes, increasing capital require- I merits, the Widening gap between 1 new developments and techno.o gy and their adoption by farm iumo.es, and the increasing com plexity of farming and home making.” Harwood listed the following objectives of the project: (1) helping agricultural workers de- 1 velop techniques in teaching and! applying managerial and decis ion-making processes; (2) keep ing track of progress in the Farm and Home Development Program; (3) helping farm fami lies keep good farm records; (4) collecting data on fertiliza tion rates, labor use and produc tion yields; (1) providing the most modern planning aids and techniques of farming to the participating families. _ Deadlines Nearing For Yets’ Benefits ; V e'er ans are reminded by the Veterans Administration of cer -1 tain deadlines for veterans’ bene ; fits coming up. The nearest general deadline is tne one for World War II vet erans in getting GI loans. World War II veterans have until July ’ 25, 1960, to apply for GI loans jand VA has an additional year ! in which to process applications ' for guaranty or insurance. Veterans with service during the Korean conflict period have until February 1, 1965, to apply , for GI loans. j In the field of education, Ko ! rea veterans have three years I from the date of their discharge |to begin IGt raining. They have I eight years from the date of dis | charge in which to complete the I training. ’ VA’s entire training program 1 : for Korean veterans has a final ! . deadline of January, 1965. ! | In the vocational rehabilita ' | tion program for service-connect ■ed disabled veterans of Korean I service, there is no deadline hv which training must commence, but veterans who were dis charged before August 20, 1954, must begin in time to complete i their training bv August 20. | 1963. Those who left the armed forces after August 20, 1954, I must begin in time to complete | their training by January 31,' ) 1964, or nine years after their I date of separation, whichever ' date comes earlier. VA pointed out that there are , no deadlines applicable for medi '. cal care, hospitalization or domi ciliary care. Similarly, there are no deadlines for applications for compensation or pension. | The new pension law, however, provides that veterans and their dependents receiving pension must make an election before July 1, 1960, whether they choose to remain under the ex isting pension system or go un der the new scheme. Sweet Potato Yield j Highest On Record ; —; On the basis of reports from growers as of November 1, pro duction of sweet potatoes in the state is estimated at 2,387,000 cwt., by the North Carolina Crop Reporting Service. A crop of this size would be 2.7 percent above last year’s crop of 2,325,- 000 cwt., but about 10 percent below the 1948-57 average pro-, duction of 2,660,000 cwt. j The November 1 yield per acre, highest on record, is 4 cwt., higher than on October 1 1 and exceeds the 1958 yield, the I previous high, by 2 cwt. We are more sociable, and get on better with people by the heart than the intellect. THE CHOWAN HERALD. EDEHTOH. WORTH CAROLINA. THTTRSDAf DECEMBER *4. 1951 1 1118 IS the Law, i aa By ROBERT E. i.=E .For the N. C. Bar Association) Joint Bank Accounts ; A husband deposited money, in a bank account which was j entered upon the records of the! bank in the name of the hus- j band or wife. The account was f merely labeled “John T. Jones, or Mary S. Jones.” There was j no express contract, signed by the parties, spelling out a right | of survivorship in the survivor. | During the lifetime of both of the parties, the bank permitted withdrawals signed by either. The husband died. Is his sur viving widow entitled to claim ownership to that which is on j deposit at the time of her hus band’s death? No. There are several deci sions of the North Carolina Su preme Court so holding. Where a person does nothing' more than to deposit his own money in a bank account in the name of himself or another per son, the effect is merely to au thorize the other person to draw on the account until authority, is revoked by some act of the de- 1 positor or bv the death of the I depositor. The same result oc-' curs when similar deposits are made in building and loan as sociations or federal loan and savings associations. The administrator or executor' of the deceased husband gets the bank deposit and inventories it as an asset of the estate. In the absence of any evi dence to the contrary the per son making a deposit in a bank is deemed to be the owner of the fund. The husband deposited the money and the ownership re- ] mained in the husband. The : only right the wife had to draw j out the money ’was by virtue of. the authority conferred .upon her In every house ... every 1,; B| store .. . every church Trees are decorated, plans are made and everybody is waiting -for Santa. Whatever your plans for Christ mas > we hope this Yule tide Season a happy |wl all o|> t UL,{ Chowan Storage Company msmassamß, by her husband, she acting as his agent. Her power to act as his agent was automatically re voked by his death. If a surviving widow should be paid tne balance on deposit by the bank, as it is permitted to do by statute after pursuing certain safeguards in respect to tax waivers, this does not mean that she owns the money in the account. She must turn it over, to the estate of the deceased depositor. Is it possible for a husband and a wife lo have a joint bank account so that when one dies the whole of that which is on deposit will belong to the sur vivor? Yes. This is possible under a | statute passed by the 1959 Gen ! eral Assembly of North Carolina ,if “both parties have signed a j written agreement,, either on the ! | signature card or by separate instrument, expressly providing | for the right of survivorship.” The particular statute was drafted by the writer of this I column. But in his opinion it ;is unfortunate that the statute, subsequent to its introduction, was amended so as to be applic able only to deposits “by two persons who are husband and wife” and by another clause I which makes the unwithdrawn deposit at the death of either the husband or wife “subject to the claims of th? creditors of the deceased and to governmental. , rights.” I Building and loan associations, ! savings and loan associations, | and credit unions are treated the same as banks for the pur poses of the particular statute. Most of these institutions have printed forms for the use of , their customers. Confusion continues to charac ! le* ize the law of North Caro lina in reference to the owner ship of personal property with purported rights of survivor- j jSh p. It is an area of our law ■ filled with pitfalls for the un wary. True Value Os Christmas Gifts Christmas gifts can be a bur-' den or a lot of fun. More and more families are making their gifts. Sometimes this is to help j the budget but the resulting joy ! that comes from creative activ ■ ity and the feeling of together ness is a definite reward. According to Mrs. Corinne Grimsley, family relations spe cialist for the N. C. Agricultural Extension Service, there are many gifts a family can make. One family made its own Christmas cards. O'-her families enjoy making tree ornaments, decorations for the table, for the mantle and for windows. The pleasure of working together is the main idea. Here are three excellent ideas for gifts that cost “only time.” 1. —Copies of favorite recipes, including variations and short cuts, can be made into small scrapbooks, tied into small pack ages on file cards. 2. —Prized seed and bulbs, carefully selected and saved, make ideal gifts for a flower loving friend or relative. Bulbs can be carefully packed in small cookie boxes or old egg car tons, covered with gay wrap ping paper. 3. —One group of gifts can be certificates of service such as baby sitting coupons. BIRTH ANNOUNCEMENT Mr. and Mrs. Carlton S. Webb of South Norfolk, Va., announce the birth of a 7-pound, 4-ounce David Carlton Webb, on December 17th in Chowan Hos pital. Mrs. Webb is the former Charlotte Bunch, daughter of Mrs. Maurice L. Bunch and the late Mr. Bunch of Edenton. $3,000 CASH WEEKLY EONUS JACKPOT SOCIAL SECURITY GAME $3,000 cash is offered each week, plus a giant bonus jack pot is included in the exciting Baltimore News-Post and Ameri can Social Security game start ing December 27. Just find your Socir' 1 Security number in the list of winning numbers in the News-Post ai d American. You can send in your number on a post card to Box 202, Bal timore 3, Maryland. Merchandise awards include a Pan Am vacation in San Juan., a Frigidaire freezer, Westing house air conditioners, a May tag was’-er fmd dryer, and an RCA Color TV. Look for your Social Security number starting December 27 in ; THE BALTIMORE NEWS-POST & SUNDAY AMERICAN on sale at your local newsdealer - . >.y jr *■ M ,c £jj&. i \ w*\ L >. '* 5 • ■ - , ’ . f , ji We hope this Christmas is filled with all of the best things in life for you. As you enjoy Christmas at your house, may we offer to you our thanks and Strongest ? wishes for a memorable Christmas. 4 \- e ».c . £ ;^Jj .-.ab t. . • in.* . * "■ y*’. f # __ "7 ■ ' ' *’^~ ! *■ «**■*» * •■. •**'" ' vVV4 \ <. «T ■>■* ■ ■-' 'ffiftjj ■ h*, ~' L . | v, i . ‘ ••«ma|ffiffi LEARY BROS. STORAGE CO. Bt *4 Phthisic’s Super Market bourbon WHISKEY I // 2 5 I I a.- S ® 'lifa fUffTiTir asm * T m JAMES WALSH & CO. LAWRENCEBUBfI, KENTUdCf TRY A HERALD CLASSIFIED AI)
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 24, 1959, edition 1
10
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75