Newspapers / The Carolina Times (Durham, … / Jan. 7, 1967, edition 1 / Page 1
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Local Bank Resources Increase Nearly One & Half Million 59th Annual Stockholders' Meeting Held The 50m annual meeting of the (tockholdera of the Me chanics and Farmers Bank was held at its main office, 116 Parrish Street here Wednesday, January 4, at 7:30 p.m. The meeting was presided over by J. H. Wheeler, president. As sisting him was J. E. Strick land, senior vice president, em ployed in the Raleigh office of the bank. Special attention was called to resolutions submitted by the bank's Board of Directors ex pressing appreciation for near ly 90 years of service render ed the bank by its former trust officer, T. D. Parham, Sr.. who retired in 1965 because of ill ess and who succujnbed De cember 12, 1966. In his report to the stock holders Pres. Wheeler called attention to the situstlon now facing banking institutions be cause of "keen competition for saving funds and the sharp rise in interest fates. In spite of this, the president reported, the American Banking System "has functioned very well ia its effort to help the nation to maintain degrees of Economic Balance." Wheeler's report showed that the bank as of December 31, 1966 had an increase of $1,406,- 529.39 over footings a year ago. He also called attention to the recent action of Congress in increasing the amount of in •urance on each account from SIO,OOO to $15,000. Of special interest to those present was the sharp increase 'n the bahk's "deposits of all kinds compared with figures at the end of the year." Wheel er's report revealed that, as of December 30, 1966, deposits of all kinds had impressed, since the close of business, De cember 31, 1965 from $14,223, 070.66 to $15,396,009.38. It was also revealed that of the above amount the bank experienced an 8.37 per cent increase In saving accounts. Wheeler stat ed that, "the large increase in saving deposits appears to be the result of a combination of positive efforts on our part to secure new accounts and the trend on the part of many de positors to kfeep demand bal ances at a minimum." Wheeler also reported that the Mechanics and Farmers Bank is now the largest owned and operated by Negroes in America. In addition to the large num ber of stockholders present, in spite of the inclement weather, were several officers and em ployes from the Charlotte and See M AMD F BANK 3A Last Rites for Mrs. Iva Parrish At Rougemont ROUGEMONT Last rites for Mrs. Iva Curtis Parrish, former resident of Durham and widow of the late Harvey Par rish, were held Saturday, De cember 31, at Red Mountain Baptist Church in Rougemont Mrs. Parrish, daughter at the late William and Sudla Jones Curtis, was born in Dur ham and passed Wednesday, December 28 in High Point Formerly, a Durham County school teacher, she was educat ed in the city schools of Dur ham and was a graduate of the Franklin Christian Collefa of Frankllnton. Her Christian endeavors _he> gan at an early age when she joined and actively served at White Rock Baptist Church. Upon moving to Rougemont Mrs. Parrish connected' with the Red Mountain Baptist Church and made a spiritual contribution aa long aa cir cumstances permitted. Her dili gence was further exhibited when ahe moved to Amityville, New York and there Joined the Holy Trinity Bapt. Church. Surviving are two daughters: Mrs. Hazel Garcia, Amityville, New York, and Mrs. 'Dorothy Beetle, High Point; two Bisters, Mrs. Loasie Coleman and Miss Re Ida Curtis of Durham; three brothers, Lloyd Curtis, Cleve land. Ohio, Leon Idas Curtis, Detroit, Michigan, Jamea H. Curtis, New York City; one grandaon, Lou la Garcia, Jr., Amityville, New York, aeveral nieces and nephews and other relatives. die CargSla Cuaig VOLUME 44 No. 1 DURHAM, N. C, SATURDAY, JANUARY 7, IM7 PRICE: 20 Cent. NAACP, Urban League Get Grants From Ford Fund m Hi jPAt ft A Is I ■to-. | w M. AND P. BANK OPPKMI —The abeve photo, consist lot of tha officer* of the Mechan ics and Farmers Bank, was taken at tha close of the an nual stockholders meeting held here, Wednoeday, Jan. 5. Read ing from left to right they are: NAACP Asks Federal Courts Ban Ind. Jim Crow Schools, Yanceyyille, N. C. Mar Named Outstanding Airman of Unit OMAHA, Neb.—Airman Fir* j Class John T. Williamson, son j of Mr. and Mrs. Henry Wil liamson of Rt. 1, Yanceyville, has been named Outstanding Airman in his unit at Offutt AFB, Neb. m Airman Williamson, a data programming speciallst i waa selected for his exemplary con duct and duty performance. Ha is a member of the Strategic Air Command which maintaloa America's constantly alert forte of intercontinental missiles and jet bombers. The airman is a graduate of Caswell County High School. His wife, Joann, is the daugh ter of James Hughs Sr. of Rt. 1, M>lton. Lomaxes Three Year Marriage Is on the Rocks, Says Author I _______________________________ ■■ 1 j JM i IV uH TO VNtT HANOI - (iWf »||||kAa AMA* llnlWi mWmt •vhlw pinewallty Lewis I* max dlaciNaea hit announce m«nt that 4m haa bun given permission by the U. I. State Dept. and the North VaWna meee aovomment ta visit Ha noi end Interview North Viet nawiasa President Ha Chi Mlnh. Lomax la achadwlad ta travel ta Waahhtften, D. C, for a n. _a.it—»- a— n*Baa4aiAanl Oy VvWO a^P^Pi'laWlif i^|| # | B |a ■«4na |a kAflllMttM lain Wiletdla pnwi fW trip. (UPI Photo) Jaaaa B. AngNa CiwplnHiu Walter S. Tucker, Vice Presi dent and manager, Charlotte office; J. J. Sansom, Jr., Vice President and manager, Raleigh office; Mrs. Vivian R. Patter son. Assistant Vice President and Secretary; J. E. Strickland, m WILLIAMSON LOS ANGELES" Louis E. Lomax, the former Afro news paper man, now a $60,000-a year television personality and his schoolteacher wife, Wanda, have come to a parting of their ways. Lomax, who left last week lor a three-week tour of North Vietnam, Cambodia and Thai land, confirmed to newsmen that the three year-old mar riage Is on the rocks. "I feel it is no more than (air to give you the straight facts," he said. 'Wanda and 1 Ing out of our home on Grand are separated, and she's mov view in Hollywood and la now living in Baldwin Hills." He said there haa been no "talk or discussion" or con templation" of a divorce. A rift in the marriage cam* out several weeks ago when Mrs. Lomax called police to complain that her husband had struck her upon her return home at a late hour. . She did not prefer charges and friends had believed they had reached a reconciliation. Lomax, the author of a num ber of books, reportedly earns approximately SBO,OOO annual ly with his television ahows and speaking tours. Hi* current tour waa ar ranged by the North American Newapaper Alliance for which his is a syndicated writer. A Haywood, Vice President; J. H. Wheeler. President; Dr. Clyde Donnell, Chairman . of tha Board; Mrs. Julia W. Tay lor, Assistant Cashier; W. E. Ricks, Trust Officer and David L. Harrison, Cashier. SOUUTH BEND, Ind. At torneys representing both tbe nation*!*"and local offices of the National Association for Advancement of Colored Peo ple have filed suit asking the U. S. Court here to restrain the South board from reassigning pupils to the city's 99.47% Negro Lin den Elementary School. Pupils were dismissed from the school on December 9 when ■ ceiling collapsed, imperiling the lives of 25 third grade stu dents. Since then the school has been closed. Last spring the South Bend school system sought to float a bond issue to build a new •chool to replace the present •tincture which was built In the 19th century. At that time, the local NAACP insti tuted a suit alleging that plans to construct another school on the same site would continue de facto segregation. The rais ing of the bond was tempora rily postpond. Because of the See SCHOOL 3A Wfl ■ I sjE mm % ■ HONOR ID Mr*. Alma H. Wad*, farmer director of ad vertising) and public relation* at NarHi Carolina Mutual Life Inawranca Cempeny waa honor- Lauds Services Organizations Doing for CR NEW YORK McGeorge Bundy, president of the Ford Foundation, this week made the following statement: , I am pleased to announce that the Trustees of the Ford Foundation have approved a one-year grant of $300,000 to the National Association for the Advancement of Colored People and a one-year grant of $430,000 to the National Ur ban League. The Trustees have also in dicated the possibility that ad ditional grants to these organi zations may be made over the next several years. Such a de cision will be based in part on whether these organizations can achieve a substantially greater level of support from their members, from other pri vate sources of funds, and from American society general ly. For the plain fact is that the Ford Foundation's one-year grants cannot possibly sustain the services and programs that the times demand of the Urban League and the NAACP. A whole new scale of financial support for them is essential. The era of legislative and judicial action for equal op portunity is leading on to , a 1 new, and in many ways still more complex and difficult stage—the stage of active ex ercise of rights in the work of citizenship; the stage of full development of human capacity in education, at work, and in social life. » • Nationally and in a growing number of cities, the service# of the NAACP and the Urban League are in growing demand in these matters and in streng thening community organiza tion and self-help efforts. They are already spreading their re sources and staff thinly to meet these demands. Their struggle for full opportunity for all Negroes is in a larger sense the struggle of all of us for the viability of the Ameri can city and the society at large. This country has no more ur gent domestic cause than that of fair and open opportunity for all. The Ford Foundation has worked in this field for See GRANT 3A Mi IT i ricvpnvn pwn vf vw* and Mrs..A. T. SpauMlng. Me twrad ara the Reverend and Mrs. L. H. Wad* and the hoot*, Mr*, wade la iolnlna the «Ueu m * V ■flf »ai^B^^»' c E. vj jfl r Jw a ni a 1^ riM I V^M m A/" vk ..fli YOUTH REPORT (Jehneon City, Tex) —President and Mrs. Johnson art all smilos as Mrs. Johnson receives a book con taining th« report of tha No U. S Court Rules South Must Follow Integration Guideline MISS CATHERINE REED TO PREACH AT COVENANT CHURCH SUNDAY Miss Catherine Reed, or dained minister in the United Presbyterian Church, USA, will deliver the morning message at the Covenant United Presby terian Church here Sunday, January 8. Miss Reed, currently em ployed b ythe Board of Chris tian Education of the United Presbyterian Church. iryCataw ba Synod is a native of Erie, Pa. She received the B.S. de gree from Wittenberg Univer sity, Springfield, Ohio, the Master's degree from McCor mick Theological Seminary. Chicago i and the B.D. degree from Yale University. The worship services Sunday will be under the sponsorship of the Women's Association of the Church with Mrs. A. E Spears, Jr., presiding. gr *' 1 ■T 1 4m TO BAHAMAS—Guy MUtfCk, an outstanding member of St. Mark A.M.E. Zion Church, hat b«»n selected to attend the firit winter conference of the Bishops Meeting and the Min isters' and Laymen's Associa tion January 10-13 in Nassau, The Bahamas. (See Story page SA) Wad* In White Plelne, New York where he serve* a* pa*. tor of the BetfM Baptist Church. tional Youth Conference on Natural Beauty and Conserva tion at their LBJ Ranch whare thay are spending the holidays. Mambers of tha youth group Morehouse Col. Gets $300,000 Science Grant The Alfred P. Sloan Founda- j tion announced this week that Morehouse College in Atlanta, J Georgia, is the incipient of a ! $300,000 grant designed to add j new strength to its science j education program. Tie grant, payable over a five-year period, is one of' twenty grants of $250,000 made j tc as many colleges in all part-sU of the United States. Mote- | house, the only predominantly ! Negro college in the eroup and Davidson College in Vorth j Carolina are the only South I em colleges to receive the j erant The $7 500,000 College Sci ence Program represents the Fcundaticr's largest appropri; ation for a single program in its 32-year history. Each of the participating colleges will pur sue its own individual program of upgrading science education as outlined in a proposal which ?ach college submitted at the invitation. The final twenty colleges were se lected by the Foundation, with the aid of nine educational oonsultants. on a basis of their ability to conceive original and innovative solutions which might apply to their own fun damental problems and those of other colleges in similar situations. Further considera tions in the final selection were the colleges' degree of commitment to improve science education, their capacity to carry through their plans, and their ability to sustain the add ed effort after Sloan Founda tion support expires in ( five years. I Publishers' Confab Set For Jan. 11 MIAMI, Fla. Publishers of NNPA newspapers throughout the U.S. will converge on Mi ami January 11-16 to attend a Mid-winter Workshop hosted by The Miami Times. The National Newspaper Publishers Association will hWd two days of meetings followed by a cruise to Baha mas on board the luxurious SS Miami. The three-day cruise is courtesy of the Bahamas government. A program, both informative and entertaining, has been ar ranged for the delegation and visitors by President Frank Stanley, publisher of The Louisville Defender and Grath C. Reevea, managing editor of the host paper. The convention will get un derway with an evening get acquainted party. Workshop sessions begin the following morning preceding a luncheon meeting where Miami Mayor Robert King High will welcome the group on January IS- , making the pieeewtatlen are Jacqueline Sharp. Is, of Jack ion, Miss, and Georga Fox, 19, of Michigantown, Indiana. NEW ORLEANS—The U. S. Court of Appeals for the Fifth Circuit, in a far reaching opinion t ruled this week that guidlines of the U. S. Depart ment of, Health. Education and Weifare Jshould be followed by federal' courts in school de segregation orders. By a 21 decision, the court said that all grades including kindergarten should be deseg regated by the fall of 1967. The court's opinion was hand ed down in connection with seven school segregation cases fil?d last May by the attorneys 'if the NAACP Legal Defense *nd Educational Fund, Inc. (LDF). The case involves school boards in the Louisiana parish es of Caddo, Bossier, Jackson, and the Jefferson County, Ala- Mma board of Education and hoards in' Fairfield and Bese ner. Alabama. Jack Greenberg, Director f'oursel of the LDF. said that, | Vased on this rul ing. the LDF will now reopen most of its "175 school cases ti bring them up to HEW "tmdaixls." He further asserted that the I.DF would urge HEW to en tor into the enforcement of desegregation in those commu nities that have been hitherto insulated from the HEW guide l : nes because of court orders. THE LDF, whiph acts as the ' l"gal arm of the entire civil I movement, has waged a See COURT 3A Free SSO Cash For Churches Or Auxiliaries Save Purchase Slips From Carolina Times Advertisers RECEIVE SSO EACH MONTH FOR YOUR CHURCH OR CHURCH AUXILIARY The Carolina Times will do nate each month SSO in cash to the Church or church auxiliary in Durham saving from its members and friends the high est number in dollars and cents of cash register receipts or cash purchase slips from ad vertisers in The Carolina Times listed below: Alexander Ford Appliance & TV A&P Stores Appel's Freezer Locker Baldwin's Belles Coca-Cola Bot. Co. Eckerd Drug Stores Johnson Motor Company Kress Long's Florist Model Laundry Mutual Savings k Loan Mechanics & Farmers Bank North Carolina Mutual life Insurance Company Ntrx Method Laundry One Hour- Msrtinliing O'Briant's Motor Providence Loan Co. Rigsbee Tire Sales Roscoe Griffin Shoe Ce. Sam's Pawn Show Sanitary Laundry Union Ins. * Realty Ce. Winn-Dixie Weavers Cleaners Rose. Central Carolina r»ri»w Frailer Realty Co. Main Uniform Center Johnson-Forrester
The Carolina Times (Durham, N.C.)
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Jan. 7, 1967, edition 1
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