North Carolina Newspapers

PAGE SIX BECTION TWO This is the Law ™ |m| W By ROBERT E. LEE (For tho N. C. Bar Association) PARTNERSHIP NAME May there exist a partnership without the names of the part ners appearing in the firm name? 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 Taylor’s Restaurant. 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 named Jones. May a person less than twen ty-one years of age become a partner in a business enter prise? 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? Yes. Is a partnciship automatically dissolved by the death of one of the partners? Yes. The surviving partner or partners wind up the affairs of the business and render an ac counting to the estate of the de cedent. May a partnership be sued in its firm name? Yes. The individual members of the firm may also be sued as individuals. 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 jects. —Montaigne. 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 the BALTIMOhE SUNDAY AMERICAN on sale at your local newsdealer PET IT NOW! OIL FURNACE TUNE-UP & MAINTENANCE For^ Coast land Oil Co. *4ll ' v .”’ 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 ■ , No Comment V 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 multi-billion-dollar Government 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 springtime.” 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 ture years. “Back door” appropriations ap proved by Congress this year to talled SBSO million—which was SB3O million above the amount provided in President Eisenhow er’s budget. This brought the overall total of appropriations approved by Congress to $74.464.335,992 — which was $618,369,502 above the President’s budget. 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 erans’ loans. 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 y -a ! 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 adults, too. 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 powered. We cannot peruse the Scrip ~ uTmEMORIAM In loving memory of mv dear husband, Virgil Lewis, who died two years ago today, November 25. 1958. 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 year; But vour memory will be cher ished in a heart that holds you dear. His Devoted Wife, p Mary Etta Lewis. GOVERNMENT SURPLUS SALES 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, to stand. |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]. Opportunity Offered 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 Commissioning Program). 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; Brown-Carver Library' The following news books have ' arrived at the Brown-Carver Li- j brary: 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 -Wsflfci' Ja Spider by Harrer; Field Book of Insects by Lutz; The Sun and the Birch by Simon; The Seven Ages of Woman by Park er. 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 Udry. Legal Notices NOTICE 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. 0ct20,27,N0v3,10,17,24c EXECUTORS' NOTICE 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 ate payment. This 24th day of November, 1960. CHARLES P. WALES. BETTY W. SILVER, Executors of Mrs. Duncan Winston Wales | N0v24,Dec1,8.15,22,29c ADMINISTRATRIXNOTICE Having qualified as admini stratrix of the estate of Hubert FOR Contract AND Repair Work CALL Twiddy Insurance & 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 Seagram’s VO IMPORTED CANADIAN > 9 • Smarm® 5 M | 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, . . Administratrix of Hubert B. Williford i 0ct20.27.N0v3.10.17.24e i TRY A HERALD CLASSIFIED