C. M. E.
FilTi Liib
7Ub '''■h - l- ' n ■ '
Ap|)fove"'Exploring Merger of Methodists
pres. Spaulding
Reports Huge
Increases For
Local Company
The 65th Annual Policyhold-
tn Meeting of the North Caro
lina Mutual Life Insurance Com-
>«ny was held in the Home Of-
flee Auditorium. Monday, Jahu-
•ry 13, with the president A. T.
S^ulding reporting that 1963
was a "Year of Challenge, Crises
Wd Tragedy, but also a Year of
Jtfomise.”
ASSETS NOW OVER
$S0 MILLION
The president reported further
Uunt the assets of the Company
•fe expected to show an increase
Pf more than $4 million, and the
total will probably pass the $81
Millioa mark. Also, that the total
toeome for the year 1903 will
txceed $21 million and thp irr-
fWrance In force should be in ex-
fiess of $245 million, with pay-
nrnts to policyholders of a p-
proximatQjy $7 million.
Spaulding reported that the
Company had ventured into a
»ew field of insurance during
1^63 — Student Accident In-
•urance. The premium income
from this source was in exccss of
_tU_million.
Among, other changes and ad
ditions reported by the president
were: ,the adoption of a thirty-
live hour work week for home
fltffice personnel; and the exten-
■ion of Hospital and Major
M«dica] Coverage to all retired
personnel.
Noteworthy events of the pre-
See REPORTS, 6A
¥ ★
REACH S81 MLUON
I
||*TTHEirROT^UiBRI(^E^^
VOLUME 41 — No. 3
DURHAM, N. C., 27702, SATURDAY, JANUARY 18, 1964
RETURN REQUESTED
PRICE; 15 Cent.
Mutual
Assets
Mutual Savings and Loan As
sociation Tuesday reported an m
crcase in total assert* to $5,703,-
513.18 as of December 31, 19&3.
John S. Stewart, President of
Mutual Savings and Loan, said
tha,t the figure represents a half
million dollar increase over to
tal assets reported one year ago,
and he attributed the institu
tion's growth to continued econo
mic prosperity in the local com
munity.
Savings & Loan
N^ar $6 Million
According to the institution’s
1963 Annual Report, net savings
gains recorded during the past
year total $424,544.42, increasing
tolaf savings to an all-time high
of $4,675,336.61.
Mutual Savings and Loan aJso
paid a record total dividenr to
savers of $174,184,63 during
See MUTUAL SAVINGS. 3A
Gov, Threatens
Force Against
Demonst rato rs
STEWART
Brave Freezing ^ain
In Chapel Hill March
Farmer Throws
CORE Support
To Freedom Drive
T^a above photo was taken dur
ing the 1W4 annual »har«liold-
•rs meeting of th* Mutual Sav
ing* and l-oan Atsociafibn held
here Tuesday evsning, January
14. W. J. Kennedy, Jr., a mem
ber of the Board of Directerc,
It shown congratulation* tho of
ficers, staff and •hsrohalders «f
the asseclation for the splandid
progress the dssociation made
during 1963. Others in the pic
ture from l*M !• rl«ht Rev.
L. W. Raid, perter of New Beth
el Boptiat Church, who gave the
irvocatle* aed hcnccQctlen; J.
S. Stewart, pretident aad F. V.
Allison, *earetaxy-krea«uirer.
—fikotm kv ^re«y
RALEIOU — Governor San
ford cautioni'd the Congress of
Racial Equality here Wednesday
that he "will not allow arty
group to coerce public officials
with threats or ultimatums
Sanford further pledged his full
support to the Chap>el Hill Board
of Aldermen in ^y stand it
may lake against a conrtinuation
CHAPEL HJLL At a I of demonstrations. The gover-
Chapel Hill mass meeting held nor’s broadsidg followed the pro
recerlly, James Farmer, Nation- mise of CORE national leaders
al Director of the Congress of j that “massive action of a non-
Racial Equality, threw the full I violent nature, will be invokeiJ
Union of Methodists
Get Priority at Meet
CHAPEL HILL — A total of
l70 students from Duke Univer-
»ty and N .C. College braved
lub-freezing weather Sunday and
Walked from Durham to Chapel
Hill to give support to a rally
held at the First Baptist
Church and to hear an address
by CORE Executive Director
James Farmer.
Approximately 200 persons
Joined the marchers at the out
skirts of Chapel Hill as thg long
line wended its way to its point
of destination. The church is
pastored by the Rev. J. R. Man
ley, prominent minister of
Chapel Hill and a member of its
city Board of Education.
The march Sunday follow T
the refusal of the Chapel Hill
Board of Aldermen to pass a
public accommodation ordinance
by a vote of four to two.
Urging the city, home of the
University of North Carolina, to
catch up with its reputation as
North Carolina’s most liberal
city, the Chapel Hill Freedom
Committee supported a proposal
See MAKCHERS 3\
1 support of national CORE be-
i hind thg Chapel Hill Freedom
Committee in thoir drive to
make Chanel Hill an open city.
Earlier in the day 436 demon-
1 startors marched from Eastgatc
' Shopping Center to the First
upon the tow of Chapel Hill if
It fails to end practices of se
gregation by February 1.
Sanford further declared that,
“tliis kind of action and these
kind of statements are ^ 'r-
responsible that the entire cause
MARCHERS ENROUTG FROM DURHAM TO CHAPgL HILL
Baptist Church, where Farmer Negro progress is set back. I
addressed a packed mass meet- citizens to repudiate
ing. 170 of the walkers had kind of approach,
marched from Durham to Chapel The governor went on to say
Hill in a freezing rain. Most of i^hat he was amazed at such
thg Durham group were students “brazen threats." “We will, as
at Duke University and North always, face our responsibilities
Carolina College. [ with forthrightness and courage.
The Alderman are expected' ^ut Chapel Hill will not be
to votp on the controversial threatened. The town officials
public accommodation ordinance
sometime in the future.
NC Gets $96,639
From NSF For
Summer Work
North Carolina College Presi
dent Samuel P. Massie an
nounced recently that the in.sti-
lulinn has been awarded grant.'
totaling $93,689.7.‘5 by the Na-
See NCC AWARDED 2A
are fre,. to take whatever action
thy deem proper. They need not
act in fear,” Sanford said. He as
sured the Aldermen of Chapel
Hill that he_ would give them
Ijis complete and absolute sup
port with every resource at his
command.
In reply to the governor’s
stand, Floyd McKis.sick, Durham
Attorney anti CORE national
chairman, said that he was
“shocked and hurt’’ by the gov
ernor’s attack on CORE leaders.
He further added that, “this goes
to prove that the greatest friend
that the Negro has is himself."
See^ SANFORD 3A
Annual Meeting
Affairs Group
Set for Jan. 19
The Durliam Committee on
Negro Affairs will hold its a«-
nual meeting at the Union Bap
tist Church Sunday, January 19;
1964 at 4:30 p.' m.
Sub-committee report*, k«y*
note address by t h e chairman
John H. Wheeler a o" d special
a. rds will highlight the meet
ing.
Sub-committee reports, made
by their respective co-chairmen
will consist of (1) the report of
the civic committee by L. B.
Frasier and J. Fred Pratt, (2)
legal redress by M. Hugh Thomp
son and William Marsh, Jr. (3)
education committee by Dr. How
ard Fitts, and Reverend James
A. Brown, (4) political com
mittee by Ellis D. Jones and
Walter O. Day and (5) economic
committee by F. B. McKissick
and N. B. White.
Following these reports will
be a special presentation on the
part of the civic committee for
outstanding service on ’the part
of that organization judged to
Soe GROUP, 6A
HOLLOWAY
Former Durham
Newspaperman
Dies In Virginia
NORFOLK. Va. — Funeral
ritBs for Burko I.in Holloway, of |
Norfolk, Virginia and formerly |
of Durham, will be conducted,
Friday al 2:00 p. m. at the Shiloh
Sec NEWSPAPERMAN, 6A
NASHVILLB, Tesw. _ Th,-e
Couacil of Bishops of the Chris
|S-1 tiin Methodist Episcopal Church
vjoted to “explore possibilitia*
of merger, union, or affiliation
with other autonamoue or indo-
peadeut Methodist denomina
tion*.”'
Tlie Bishops of the Chrii>tian
Methodist Episcepal Church, in
their recent mid-wintac neeting
at 3hrevoi»ort, LeaisiaMi, Janu
ary 7-6 voted unanimonsiy to ef-
ficially exjilore. and join in cn*-
sulitation with other Methodist
deiominationi whe may destre
merger Or affiliation.
Suggestions for merger, affila
tion and cooperation with the
African Methedist Bpiscepal
Churh. The African Methodist
Episcopal Zion Church, and the
Methodist Church have been di
scussed and considered at var
ious times over a period of year*
by the bishops and other official
groups of the Christian Metho
dist Episcopal Church. The past
General Conference of the de
nomination in 1962 authorized its
Commission on>Church Union to
study and explore possible mer
ger not only with the Method Lst
denomination! but ether de
nominations.
The Chi^»t>an MeUi?>di*t Hpi»-
copal Church, erganized in 1870
is one of the oujer denesniita-
tiens of PreteetanHanj. It has
churches throughout the United
See BISHOPS 5A
Many Promotions Mark January 13 Meeting of North Carolina Mutual Board of Directors Here
j
a
A. T. SPAULDING
President
In a meeting of the Board of
Directors of * North Carolina
Mutual Life Insurance Company
which followed the Annual Po
licyholder* meeting held herg on
J. W. OOODLOE
Executive Vice Preiident and
' Secretary
Jar.uary 13, the following offi
cers were elevated to new poai-
tions; J. W. Oo*dlee, |ormer
Senior Vice President and Sec
retary to Executive Vice Presi
MRS. V. C. TURNER
Financial Vice President
dent and Secretary; Mrs. V. G.
Turner, former Vice President
and Treasurer to Financial
Vice President; Maceo A. Sloan,
CLU, former Vice Prasident and
MACEO A. SLOAN
Vice President
For Home Office Operation*
Associate Agency Director to
Vice Preeident for Home Office
Operations; L. B. Frasier, forni-
er Agency Secretary to Associate
Agency Director; J. Her»!"r
L. B. FRAZIER
A**ociate Agency Director
J. J. HENDERSON
Trea*urer
son, former Assistant Vice Pre-1 Vice President for Home Office
sident to Treasurer; and R. C. Operations.
Perry, former Assistant Secre- Mrs. Alma H. Wade, Director
tary and Supervi^i^ of Home Of of Adversltinc and Public Rela-
f*ci' rvnp.roticr" ! t'ou" •’nd Tha^deus H Ca!Ua*'d
R. C. W. PERRY
Assiitant Vice President For
Home Office Operations
Assistant Agency Director-Train
ing, were promoted from the
Administrative to the Official
staff of the company.
NEW BOARD MEMBERS
A. J. CLIMEHT
Vice Prwldnt
And Agency Mrecter
William.' A. ClMttent, CLU,
Vice FreidMril «M. J^tuiey Di
rector uid ^ SkMn,
ClAJ, fom|« y%f PrMdenl mi
See fKOMHCmOM ttA ^