™ |m| W
By ROBERT E. LEE
(For tho N. C. Bar Association)
May there exist a partnership
without the names of the part
ners appearing in the firm
Yes. The partnership name
need not carry the surname of
any of the partners.
For example, a partnership
comprised of John A. Jones and
Henry L. Smith may be oper
ated under the firm name of
Can one by looking at the
name of a business enterprise
determine whether it is a part
nership or a corporation?
No. The Sutton Hardware
Company, for example, could be
the business title of either a
partnership or a corporation. It
could even be a single proprie
torship owned entirely by a man
May a person less than twen
ty-one years of age become a
partner in a business enter
Yes. But since a minor may
disaffirm his conttracts other
than for necessities, he may re
pudiate his personal liability to
firm creditors and co-partners.
The minor’s investment in the
business is, however, subject to
the claims of the firm creditors
and in most jurisdictions to the
claims of co-partners who have
not dealt with him fraudulently.
May a corporation become a
member of a partnership?
Is a partnciship automatically
dissolved by the death of one of
Yes. The surviving partner or
partners wind up the affairs of
the business and render an ac
counting to the estate of the de
May a partnership be sued in
its firm name?
Yes. The individual members
of the firm may also be sued as
A member of a partnership is"
personally liable for all of the
ocligations of the partnership.
There are more books upon
books than upon all other sub
OF NEWS IN
NEW "TREND" COLUMNS
Now in the Baltimore Sunday
American . . . the new TREND
columns to help you know the
real meaning of important news
developments. Experts explain
in concise, digest manner the sig
nificance of what is happening
and what can be expected. Be
sure to read the new TREND
columns ... one of 15 new rea
sons there’s a new brilliance to
on sale at your local newsdealer
Coast land Oil Co.
KNOW YOUR SOCIAL SECURITY ]
/ John T. Grooms, representative of the Social Security
1 Administration, is in Eaenton every Thursday at the North j
! Carolina Employment Security Commission office in the
Citizens Bank Buildng. <
There is good news for many ]
retired persons, and for the wid
ows and children of working peo- !
pie who have died. Because of j
1960 amendments to the Social ■
Security Act, less work under
social security is now required ]
for benefits to be payable to a I
worker, or to his surviving fami- 1
!y. Approximately one-third less !
credit for work under social se
curity is now needed. Under
the old law, for instance, a per
son reaching retirement age, or /
dying in 1960, would have need-:
ed credit for 18 or 19 calendar I
quarters of work under social
security. Because of the amend
ments, however, credit for only
12 such quarters (about 3 years) ;
is now needed ;
Payments under the new law |
can be made beginning with the j ■
By JAMES W. DOUTHAT
AMliteit Vice Praldent. Govafamenfl
Relations Division or the National
Association el Vaanlactarers
'NO COMMENT" is a report of
incidents on the national scene,
and does not necessarily reflect
NAM policy or position.
Washington —Members of the
congressional economy bloc are
renewing their assault on what is
known as “back door” financing
—a practice which has permitted
spending by by-passing the House
and Senate Appropriations Com
mittees and borrowing directly
from the Treasury.
This is regarded as a danger
ous fiscal procedure, which is
practiced by the Big Spenders
in order to avoid any checkmat
ing by the congressional Appro
priations Committees of some of
the grandiose spending programs.
The system for by-passing the
Appropriations Committees has;
developed during the past 25
years and has resulted in addi
tional expenditures totalling
many billions of dollars.
It has been used to finance
such programs as housing, farm
subsidies, the International Mone
tary Fund, the Export-Import I
Bank, and rural electrification.
Senator Morton (R-Ky.) com
mented a year ago—when the
practice was being vigorously as
sailed —that “the famous ‘back
door’ to the Treasury is getting .
as jammed as a telephone booth I
on a college campus in the
Thanks to the 1959 anti-“back
door” campaign, the opponents
had greater success than usual
during the 1960 session of Con
gress—but they are determined
to be even mere successful in fu
“Back door” appropriations ap
proved by Congress this year to
talled SBSO million—which was
SB3O million above the amount
provided in President Eisenhow
This brought the overall total
of appropriations approved by
Congress to $74.464.335,992 —
which was $618,369,502 above the
Excluding the “back door”
funds, Congress approved appro
priations totalling $73,634,335,992
—which was $211,638,498 below
/«M| With Genuine Original
El EVA-GLASS rr
■ I ff A Saves Up T 040%
Anyone Can Afford It^
it»*» °* > *^ rps Fl ex-OGlas» with Just Cwt & Tack On
Easy... Anyone Can Do lt
B ****?>' ii"*'iiii even the womenfolks enjoy doing it. JJ W
glass o-Hn * son ’ t * cf cold weather catch yo« |
m CHOWAN HERALD. EPEHTOH. NORTH CAROLINA. THPHRDAT. NOVEMBER 24, 1960.
]month October. Anyone whose
i application for old-age or sur
! vivors insurance benefits has
[been denied because of insuffi
cient work under social securi
ty, recontact the social security
(Office. It will then be possible
Ito check the worker’s social se
curity account to see if benefits
are payable under the new law.
A leaflet, OASI-1960-1, may al
so be obtained from the Norfolk
I social security office explaining
1 this and other changes in the law.
J The leaflet, which is free for
the asking, has a chart showing
how much credit is now required
for benefits to be payable. If
you are near the office, stop by
and pick one up. If that is not
possible, write or call, and a copy
i will be sent to you in the mail.
| the President’s budget.
! “Back door” appropriations au
! thorized ware: SSOO million for
I college housing loans, SSO million j
| for public facility housing loans, j
and S3OO million for direct vet
Among the leading opponents
•of this financing practice are l
Rep. Smith (.D-Va.), Chairman of
the House Rules Committee; Rep.
Cannon (D-Mo.), Chairman of
tne House Appropriations Com
mittee; Senator Byrd (D-Va.),
Chairman of the Senate Finance
Committee; Senator Dirksen of
Illinois, the Republican Senate
Leader; and Senator Robertson
(D-Va.), Chairman of the Sen
ate Banking Committee.
President Eisenhower, too, is
on record against the practice.
Questioned at a news conference
last year about borrowing from
the Treasury to finance foreign
development loans, he replied:
“I do not believe in borrow- '
ing for any puipose for this Fed- .
eral Government in times of
prosperity unless there is a great ]
emergency facing us. I believe ,
we must pay our way, and we
should begin reducing this debt. '
If we don't we have almost un- ‘
solvable problems confronting us J
all the time.”
Rep. Smith is author of a |
House Resolution to channel all ]
spending bills through the Ap
propriations Committee. A hear- 1
ing on the resolution was held
by the House Rules Committee,
but there was no further action.
A similar resolution is expect- 1
ed to be introduced when Con-';
gress reconvenes on January 3.
Members of the economy bloc,
whose oppose unessential Gov
ernment spending, are seeking as 1
much support as possible in the
hope that the resolution will re
ceive congressional approval
early in 1961.
Rep. Cannon, urging favorable
action, has pointed out that in
1959 the “back door” appropria
tions totalled $5,701,000,000 and
in 1958 $4,542,000,000.
He added that 1958 was the i
year when “the Senate originated j
10 ‘back door’ bills and adopted '
‘back door’ bills totalling $9.- |
226,000.000, covering the fields of!
housing, banking, small business, •
community facilities, depressed l
areas, minerals stabilization, air
port grants, highways, veterans’
loans, and defense production.”
| Calling the practice “reprehen
sible,” he asserted that:
“All the budgetary actions
1 ought to go through one proced
; ure, one system, under the same
| set of rules. There should be
j only one door—the front door—
; through which money is removed
j from the Treasury.”
I i -
| SUNDAY SCHOOL ]
[ LESSON I
! Cont'd. from Page s—Section 2
of great temptation is usually
difficult. Frequently emotions
are running high; we are con
fused, and we are not at oUr
best. To hesitate is fatal. It is
then that we need a pre-deter
mined course of action—a mind
set toward virtue. If we have
this, we can be strong in the
Lord. For the struggle against
evil, we must gird our loins with
truth. Then, and only then, can
we overcome temptations.
Secondly, says Paul, put on
i the breastplate of righteousness.
To put it another way—be busy
doing good. Today, in this com
plex society in which we live,
the opportunities for evil are
plentiful and varied. Young
1 people need to be kept suffici-
I eutly busy in wholesome work
j ana play that they will not have
time to get into trouble. They
will need responsibilities, that
will make them know they are
assets to their families and to
their communities. They will
need discipline that makes them
learn to bridle their impulses
and channel their drives toward
noble ends. The bast protection
youth can have against evil is
the breastplate of righteousness.
Keep them busy doing good.
And this applies equally to
Prayer is a Christian’s mighti
est weapon, and as such should
not be neglected. It opens the
channels through which God’s
power fills us, and it sustains
and uplifts us. When our Lord
himself was tempted, he re
sorted to prayer. How many
times, when he was sorely tried,
he withdrew from the multitude
at the close of a difficult day to
climb a hilltop: there he re
mained alone with the majesty
and immensity of the heavens,
and prayed. Then on that last
dark night of his earthly life,
he went to a garden to pray.
We remember that always, when
he returned, he was renewed,
refreshed, cleansed and em
We cannot peruse the Scrip
In loving memory of mv dear
husband, Virgil Lewis, who died
two years ago today, November
Dearest husband. I miss your
kind and loving care;
Mv home is dark without you; I
miss you everywhere.
Time may pass and it changes
fresh with every coming
But vour memory will be cher
ished in a heart that holds
His Devoted Wife,
p Mary Etta Lewis.
NOW anyone can buy DIRECT
from U. S. GOVERNMENT SUR
PLUS DEPOTS, by mall for your
self or for resale. Cameras, binocu
lars. cars, jeeps, trucks, boats,
hardware, office machines and
equipment, tents, tools and tens-of
thousands of other Items at a frac
tion of their original cost. Many
items brand new. For list of hun
dreds of U. S. Government Surplus
Depots, located in every State and
overseas with pamphlet “How Gov
ernment Can Ship Direct To You.”
plus procedures, HOW TO BUY
and how to get FREE SURPLUS,
mail $2.00 to SURPLUS SALES IN
FORMATION SERVICES. P.O. Box
No. 1818, Washington 5, D. C.
] lures and have our minds re
main impervious to the many
leasons taught therein of the
strength of these weapons which
God places at our disposal, in
order that we may fight our al
most daily battles against evil.
Today that strength, and that
armor, is sorely needed as we
wage our battle against com
munism, brutally and exploita
tion so rife in our day and time.
Therefore, let us take the
whole armor of God. that we
may be able to withstand in the
evil day, and having done all,
|Th*M comments are based on
outlines of the International
Sunday School Lessons, copy
righted by the International
Council of Religious Education,
and used by permission].
In U. S. Air Force
S-Sgt. Jimmie Skipper, local
nir Force Recruiter, has an
nounced that he now has an
‘Open Door to Opportunity” for
young men and women inter
ested in obtaining a college edu
cation while in the Air Force.
S»gt. Skipper says that the Air
Force calls this new program
AECP (Airman Education and
Sgt. Skipper is now taking ap
plications for regular enlistment
in the Air Force. Persons quali
fied for regular enlistment, and
already having two years of col
lege, are encouraged to take ad
vantage of this program; the
Air Force makes provisions for
all members to further their edu
cation regardless of their pres
ent education status. Many air
men have completed all work
for full degrees while serving j
their country in the U. S. Air 1
Force; this new program makes
it much easier for men and wo
men to get their degree faster.
Write USAF Recruiting Office,
Post Office Building, Greenville,
N. C. Box 915.
New Books Arrive At;
The following news books have '
arrived at the Brown-Carver Li- j
For Adult Readers; The Edge
of Day by Lee; Minerals and
Rocks by Ball; Bringing Up
Children by Langdon; The White
+i ■ •
f ■ ft
Everybody's trying to copy Ford's styling .
Everybody's trying to talk Ford's value language.. .
BUT ONLY FORD'S GOT
THE REAL THING FOR YOU!
V *f9P* Jg|jr*
IWI Fard Galavis like all Ford car*~ \—"*** "* l '** l * tm *** mm 4
arm* a Dealer's Extended Warranty. J
We're proud as punch thatallthecar I
makers are trying to get aboard the for 12*00© wl.es or one full year , \ I
style trend started by Ford! We're also n t tiT > ”. l **‘v.l° , £ r aa ** b * tw< ’" ***“• I
proud that they "followed the leader” I CUant its ran fo 4,000 alia between oil change* with : I
on the Ford Dealers’ extended warranty! »gs«t* m w r a» tat, »di«t thaw. I
Good luck, fellas! But one thing they Ml Its own muffler. Ford mutes are double-wrapped and 8
, • .I . / aluminiaed—normally will last three tunes u loaf at ordinary ■
can t even begin to copy is the amount of ■»“««• ■ *
> I y*» J » • » r j.l Prstacta its aw«i My. All vital underbody parts are spsdatty H
value Ford can pack into a car for the p«—««*. »-* m «»»*»..«, to P i..«ne, body ■
price you pay! That s Ford s secret, t*« n. •». mi*. u«*e w™* »*« ■
and lye're keeping it under lock and key! S Warranty. The ’6l Fords are built ttf meet three principal foals: .9 * * 7
finest quality, greatest durability. rnaatff reliable operatian. Express- 'H
e»ps. gj'siciftras I
meat for equipment, the ’6l Ford is your greatest value! Whether tu, WMT^“ ® raSotiJtSU. \ ¥
you measure cars by power, performance, ride, comfort, room or 'w.iidw^.Meiewe. v «.w L'fl
beautiful look*—Ford gives you the mott for the least. And to make m JT: / ■
Ford's edge even greater, the ’6l Ford is packed with new feature* a Wm
that keep you out of repair shops. Come in and learn how much I ■ ■
you can save .. . today. Lg ■ I ■ 1 ■
f First shop your Ford Value Dealer «** I \m \pr mmm• jp /
If You’re Interested In An A-l Used Car Or Tlfck,
Sue Se f l '
o¥7¥? TO ¥ A V a ¥ 1-^¥¥ «. ~vn~ '\ im
7.T r VIII j|¥ II H A ■ |4 flicli I lit A I jLic
Spider by Harrer; Field Book
of Insects by Lutz; The Sun
and the Birch by Simon; The
Seven Ages of Woman by Park
For Juvenile Readers: . First
Woman Editor by Burt; Your
Flag and Mine by Desmond; The
March of Trade by Jupo; Plants
Today and Tomorrow by Hyde.
For Beginners; Fly High, Fly
Low by Freeman; Play With
Me by Ets; Where Do You Live?
by Evans; A Tree Is Nice by
Having qualified as admini
strator of the estate of Benja
min Leary, deceased, late of
Chowan County, North Carolina,
this is to notify all persons hav
ing claims against the estate of
said deceased to present them
to the undersigned within one
year from date of this notice or
same will be pleaded in bar of
their recovery. All. persons in
debted to said estate will please
make immediate payment.
This 20th day of October, 1960.
J. EDWARD CHARLTON.
Administrator of Estate
of Benjamin Learv.
Having qualified as Co-Execu
tors of the estate of Mrs. Dun
can Winston Wales, deceased,
late of Chowan County. • North
Carolina, this is to notify all
persons having claims against
the estate of said deceased to
present them to the undersigned
within one year from date of
this notice or same will be
pleaded in bar of their recovery.
All persons indebted to said es
; tate will please make immedi
This 24th day of November,
CHARLES P. WALES.
BETTY W. SILVER,
Mrs. Duncan Winston Wales
Having qualified as admini
stratrix of the estate of Hubert
& Real Estate. Inc.
PHONE 2163 EDENTON
B. Williford, decetufed, late of
Chowan County, North Carolina,!
this is tq notify all persons hav
ing claims against die estate of
said deceased to present them]
to the undersigned within one
year from date of this notice or|
same will be pleaded in bar of]
their recovery. All persons in- 1
> 9 •
a hi.i:.\u 1
t n», SUtC«fD ft> ! , ;*
AC ’ to a ND BitNDCO 0
— O, THE CANAO.AN GOVt
U Th,s Whisky is six >taks oW
ill A■ * il 2*.f M ‘' o and no» n« o «*' M ,if J
“ ~ £ Seagram c son*. 1 -a-*’ l
4/5 Qt« C*NZpA
SEAORSM-OISTILLERS COMPANY.N.Y.C. 86.8 PBOOF. CANADIAN WHISKY-* BLEND...SIZYE«|S (MA
debted to said estate please
.make immediate payment.
This 20th day or October. 1900,
GERALDINE T. ,•
1 WILLIFORD, . .
Hubert B. Williford i
i TRY A HERALD CLASSIFIED