THE CHOWAM HERALD. EDENTOW. WORTH CABOLINA, THURSDAY, JUNE 4. 1.964.
{EESIiAI SE®tITY
|| II Questionfiani Ameri
fl»W9* Dittrich, iield ol the Social Security
yministration. U in Edraton every Thursday In the Court
*MjOM» in the Chowan County Court House.
Icen E. Wilson, manager of
tfce Greenville Social Security
office, says there are four times
when it is especially important
for a worker or his family to
contact the Social Security of
fice.--
lows: •.'>
I.—ls a worker in your fam
ily dies some, member qij the
family should check with Social
Security about possible monthly
survivor benefits and a lump
sum death payment.
2. —ls you become severely
disabled, you should inquire
about monthly disability bene
fits for yourself and your fam
ily if you have worked at least
five out of the past ten years
ASCS News ]
-■ i i •»**' ~y
Bin Loans
Farmers should be thinking
about adequate storage for corn
and soybeans to be harvested
this fall.
Generally any landlord or
tenant who produces one or
mote of 'the price support com
modities on the farm for which
the loan application is made is
eligible for a loan. If the ten
ant is the one making the ap
plication the loan Would be a
joint loan with the tenant and
landlord signing the promissory
note, chattel mortgage and sev
erance and security agreement.
The amount of storage need
ed is determined by estimating
the yield per acre of the vari
ous commodities to be stored.'
Loans are made only on new
structures or additions to exist
ing structures. If a producer
wishes a loan he will need to
file an application at the county
ASCS office and pay the ser
vice charge of 1% of the loan
or $5.00, whichever is greater.
The producer will also furnish
the county ASCS office with
invoices and other information
showing the cost of the bins,
equipment and construction at
the time application is filed.
Concrete foundation may not be
included in co^t.
Loans pn -bins • are available
only for storage of commodities
grown by applicant. It cannot
be used to store commodities
purchased or commercial stor
age for others.
The maximum amount that
can be loaned on any storage
facility is 85 percent of the
erected cost (not including
foundation) or 50 cents times
the bushel capacity of the. bin,
whichever is smaller.
The county committee will re
view the application and issues
commitment to applicant show
ing that the loan has been ap
proved. Producer takes com
mitment to bin supplier as evi
dence loan has been approved.
He then erects bin and furnishes
II LOOK MEN!
«Kawa why
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mwwssr
"Wßr “ “ss™ tssztvsf
I aP
e htttloolc at tfae exclusive Massagic
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ivwla SS au eye at the smart, new
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1 \^Jk
A -sSi’jSfil
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in work covered by Social Se
curity.
3- —Before you reach retire
ment age, check your account
for correctness and get a bene
fit estimate before you are of
retirement age. You can file
your application for benefits as
much as three months ahead of
your retirement.
4.—When you are age 72, if
you have continued to work full
time and have never filed for
.social security benefits, contact
the district office. If you are
insured for social security bene
fits, you can begin receiving
checks as of your 72nd birth
day regardless of your total
earnings.
the county committee a receipt
ed bill signed by producer and
dealer showing he.has made the
necessary down payment.
The county office will inspect
the bin and issue the draft
jointly to the dealer and appli
cant.
Loans on bins 'are repayable
in four annual instalments in
cluding interest. The first pay
ment is due one year from the
date the draft is issued. Inter
est rate is 4%.
Producer is required to carry
insurance, naming Commodity
Credit Corporation as payee on
loan above SI,OOO. The insur
ance must be in force before
is made.
At The Shoe Store
Manager (to salesman)—.Don’t
tell a woman that her one foot
is larger than the other—in this
shop we say, “Madam, our left
foot is smaller.”
j- /y V yyy-| i — l f Lru -.y
!sxjp^.rs>eA.m.m
INSURANCE?
ChEOK
NATIONWIDE
for now Idea*!
□ AUTO INSURANCE
□ FIRE INSURANCE
□ LIFE INSURANCE
□ HOMEOWNER*
□ EDUCATION
□ MORTGAGE
□ ACCIDENT A SICKNESS
□ RETIREMENT
Nationwide has new idee* sci
protection to fill inst
ance need at ■ cost yon can
afford. Check the plea that
interests yon and COOtacSI
Nathan D. Dail
20 Westover Heights
EDENTON, If. O. fl
PHONE 482-3793
IKlationwidi
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JUNE 4th THRU JUNE 13th
HURRY IN THURSDAY!