M&F Bank A ssetsXvarS2o Million
* * * * * * * ***>**.* * * * * * ★
American Tobacco Company Sued For Job Discrimination
Cbe Cinws
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VOLUME 45 No. 2
Mutual Savings Discloses Big
Gains At Annual Meeting
Assets of Local
Company Over
$ 7 Million Mark
Assets of Mutual Savings and
Loan Association as of December
31, 1967 total $7,255,602.00, up
llVi percent from the $6,517,307
reported a year ago, the associa
tion's annual report revealed today.
The report, issued by John S.
Stewart, President, showed that sa
vings balances held by the associa
tion now amount to $5,920,546
as compared to $5,358,959.00 a
year ago. Stewart noted that com
pared to the 1966 gain' in savings
1967 had been an excellent savings
year for the association. „
Record dividends totalling
5246.83Q.00 were paid to account
holders of the association during
1967. Mortgage loans put on the
books during the year amount to
$1,082,544.00, bringing total-loans
to 56,375,352.00
In looking ahead to 1968, the
annual report of the president indi
cated that there was a possibility
that next year might so* another
round of tight money. This would
of course, present challenges for
the savings and loan business and
the real estate and housing indus
try. Stewart said:
"The savings and loan business
profited very much from the les
sons it learned during the tight
money year of 1966. I predict that
even with a return to tight money
next year that the business will be
able to weather whatever economic
storm might come along.
"From the way things look
now, I think that savings inflows
See MEETING page 8A
Last Rites Held
For Mrs. Eulalia
M. Bell Jan. 5
The funeral of Mrs. Eulalia
Miller Bell, wife of Joseph H.
Bell, was held at St. Joseph's
A.M.E. Church here, Friday,
January 5 at 3:30 p.m. The
Rev. Philip R. Cousin, pastor,
officiated.
Mrs. Bell succumbed January
2, following an extended illness
at Watis Hospital and her
home.
Mrs. Bell was born in Ashe- |
ville, the daughter of the late j
Mr. and Mrs. Lee Washington j
Miller. At an early age she !
moved with her family to En- '
glenook and Dauphin, Pennsyl- j
vania where she attended i
school until her return to N.C.
-as a teacher in Asheville.
For more than eight years f
Mrs. Bell taught at the Hill St. j
Elementary School, until her j
marriage in 1927, after which I
she moved to Durham to live
with her husband. Soon after
moving to Durham she joined
St. Joseph's A. M E. Church
where she remained a member
until her death
In addition to her husband |
she is survived by one daugh
ter, Mrs. Elizabeth Bell Young
of Washington, D C., and one
son Joseph Karl Bell, IT of j
Anthony, North Carolina. Also
surviving are two brothers,
George Miller of Bethlehem, I
Pa., and Lee Miller of Durham |
and several other relatives. '
- -Assisting -the- -pwtof-of--SU--
Joseph's, who delivered the
eulogy, was the Rev. Lorenro (
A. Lynch, pastor of White Rock [
Baptist Church.
The Interment was at Beech
wood Cemetery.
DURHAM, N. C., SATURDAY, JANUARY 13, 1968
\ >y /f, >JJ| 4M , J ••#
RlijHra •-- v
BIG THREE PRESIDENTS
The annual stockholders meet
ing of the Mutual Savings and
Loan Association held here
Tuesday, January 9, brought to
gether the president of Dur
ham's three major business in
stitutions for the first time
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69TH ANNUAL POLICY
HOLDERS' MEETING PARTI-
ClPANTS—Participants in the
69th annual North Carolina
Mutual Life Insurance Com
pany Policyholders' Meeting
Retiring Pres.
Final Report To
! Relates Company
j Ready For Full
jSpeed Ahead
Asa T. Spaulding, immediate
past president of North Carolina
j Mutual Life Insurance Company,
j today gave his ninth and final re
port in which he gave an account
of the stewardship of his admini
stration to the company's policy
holders at their Sixty-ninth Annual
Meeting fceld in the company's
home office auditorium.
I A digest of his remarks follows:
To the policyholders of North
Carolina Mutual Life Insurance
Company - - Greetings:
I appreciate having had the pri
j vilege of serving you as your Presi
dent. And I am grateful who
; have worked with me for the fine
| cooperation and loyal support
which they have given me during
' my presidency. The teamworirsnd""
■ team spirit have been excellent, and
| the results have been gratifying.
BUSI-ASSEMBLY
! The first assembly in this audi
-1 See HSPOUT page 8A
since the elevation of J. W.
Goodloe, at left, to the presi
d«ncy of N. C. Mutual Life In
surance Co., in place of A. T.
Spaulding, who was retired
earlier this month. J. S. Stew
art, president of Mutual Sav
ings and Loan, in the center,
held January 8, in the com-j
pany'S home office auditdrium
are, from le£f: Rev. Philip R. |
Cousin, minister, St. Joseph's
A.M.E. CJiorch; Dossie Jones, j
manager, new business divi- f
# ImT2 Attl '•
M& mm Wl
TWIU OFFlCEßS— Pictured at
| the Headquarters of the T. W.
|E U~Local" lto Strike against
[ The American Tobacco Com
i pany are the following officers
and members: Left to right:
Bill James Mason, Mrs.
Ixiis Jefferies, Mrs. Blanche
PRICE: 20c
and John H. Wheeler, presi
dent of Mechanics and Farm
ers Bank, at the right, are
slio wn conversing informally
with the new president of N. C.
Mutual.
(Photo by Purefoy)
| sion; J. J. Henderson, treasur-
I er; N. H. Bennett, vice presi
i dent, actuary; W. J. Kennedy,
| 111, financial vice president; A.
jT. Spaulding, immediate past
f president; Mrs. L. T. McCrea,
Rose, Recording Secretary; Joe
Alston, Vice President; Andy
Mi'Dennon,-€ommttteemarv;-anl
Tommy Green.
The Durham members along
with 192 in Reidsville, 182 in
Richmond, Va., and 206 in
Louisville, Kentucky are strik
Action Filed in
Federal Court
f
Against Firm
GREENSBORO-A complaint,
charging employment discrimina
tion, was filed in U.S. District
Court here today against the Ame
rican Tobacco Company, makers of
Lucky Strike, Pall Mall and Tarey
ton cigarettes and Corona cigars.
Attorneys of the NAACP Legal
Defense and Educational Fund,
Inc. (LDF) asked for a preliminary
and permanent injunction in be
half of six Negro employees.
The LDF charged the Com
pany and Local 192, Tobacco
Workers' International Union,
AFL-CIO with "maintaining a po
licy, practice, custom or usage of
discriminating" against Negro
workers.
Specific charges include:
Negro workers have been "de
nied equal opportunities for pro
motions, transfers and on-the-job
training and have thus been re
stricted ttS the lower-paying and
less desirable jobs traditionally re
served for Negro employees of the
Company."
"White employees of the Com
pany doing the same type of work
as Negro employees are sometimes
paid higher wages than said Negro
employees."
"Some jobs held by Negroes'
are not classified as skilled or semi
skilled whereas similar jobs held
by white employees are so classi
fied."
One Nd|po worker "was de
moted to a lower-paying job be
cause he filed' a charge of racial
discrimination against the deffcn-
See SUED page 8A
corporate secretary; J. W.
Goodloe, president; W. W. Per
ry, assistant general counsel,
A. W. Williams, chairman of
the board of directors, and Mrs.
Natalie Holmes, chief auditor.
ing for wage increases, better
working conditions, and wages
-adjusted _ iicc or ding, to machine
speed. The unity of the group
is outstanding and the moral of
the strikers is very good.
, 1 (Photo by Purefoy)
NAfJ *Bi
Ai fl Ik ■
iitM
li t -
IN APPRECIATION—Shown in
the above picture is J. E.
Strickland, retiring senior vice
president of Mechanics and
Farmers Bank being presented
a silver set during the annual'
stockholders meeting here
Monday, January 8, by J. H.
Highest Point
Institution Revealed At Meet
Durham Selected One of Seven
Cities Approved for New Project
R. Edward Stewart has re
signed his position as Director
of Manpower Programs at Op
eration Breakthrough, effective
January 12, to assume the Di
rectorship of a new project in
Durham entitled Project Out
reach. The new project will be
funded by the Office of Eco
nomic Opportunity and the
Economic Development Admin
istration and administered by
the National Business League
and its local affiliates.
According to F. V. Allison,
President of the Durham Busi
ness and Professional Chain,
Durham was one of the seven
cities having a Director ap
proved by OEO and EDA for
participation. The other cities
were Chicago, Cleveland, Co
lumbus, Detroit, Jackson and
Jjos Anegeles. Five other cities
are under consideration. [
Stewart, holder of a Master's
Lincoln Hospital
With Over $107,000 Reported
Chairman Says
Results Show the
Unity of Race
With a total amount of over
$107,000 cash in hand the Lin
coln Hospital Campaign launch
ed here, Sunday, December 10,
was declared officially closed
this week by the chairman, A.
T. Spaulding.
The chairman also revealed
that in spite of the fact the
goal of $103,000 had been
reached funds were still com
ing in and that it will not sur
prise him if a total amount of
SIIO,OOO is realized.
The closing rally was held at
See LINCOLN page RA
Better Jobs for
Negroes Won
At P. Morris
RICHMOND-The U.S. District
Court ruling against job practices of
Philip Morris and Local 203, To
bacco Workers International, AFL
CIO, here this week was called
"sweeping and comprehensive" by
the NAACP Legal Defense and
Educational Fund, Inc. (LDF).
"Negro workers may now trans
fer' to higher paying jobs, pre
viously**farrvnif*'for whites, with
out losing years of seniority," said
LDF Director-Counsel Jack Green
berg.
See JOSS page 8A
Wheeler, president of the bank, ;
in appreciation of his more |
than 35 years of service as an j
employee and officer. Strick- j
land retired January 1, 1968 j
from the position of senior vice |
president of the Raleigh office j
of Mechanics and Fanners '
STEWART
Degree from North Carolina j
College in Business Administra- j
tion came to Operation Break- ,
through, November 1. 1966, '
See STEWART, page 8A
Passing of Dr. Robert Daniel
Said Challenge to Va. State Col.
PETERSBURG, Va. The
death of Dr. Robert P. Daniel,
fifth President of Virginia
State Cpllege, en- Jan. 5, re
moves the executive hand that
shaped many forces of change
at a school now in the throes
of transition from a state
school for Negroes into an in
stitution whose influence is
being felt internationally.
His death removed an edu
cator who maintained a rare
capacity for compassion and
friendship, who emphasized a
personal leadership, a man who
put his heart and soul into the
affairs of a college whose his
tory was replete with uncer
tainties.
One can neVer forget Dr.
Daniel's zeal just three months
ago as he led the college's
traditional football cheer dur
IMPORTANT NOTICE
The management of the Carolina Times has been in
formed that Earl Mason, a former employee, who was
dismissed when it was discovered that he was guilty of
forcing checks on our Company, has recently been soli
citizing subscriptions to the Carolina Times as a bona
fide representative. We wish it be made known publicly
that Earl Mason is in no way connected with the Car
money for subscriptions or otherwise are doing so at
their own risk
L(. E. Austin, Publisher
Bank. At the left in the pic
ture is J. J. Sansom, newly
elected senior vice-president of
the Raleigh office. At the right
is Chas. Haywood, member.
Board of Directors of the bank.
(Photo by Purefoy)
RETIRING VICE v
PRESIDENT IS
PRESENTED GIFT
The annual stockholders
meeting of the Mechanics and
Farmers Bank held at its main
office, 116 Parrish Street, here,
Jan. 8 revealed that assets of
the bank have now reached
over sl9 million, representing
a growth of $2% million since
the annual stockholders meet
ing, Jan. 1967.
Presiding at the annual
meeting of the stockholders
was J. H. Wheeler, president
of the bank, who called the
attention of those present tc
the remarkable growth the
bank had experienced ; n 1967.
Present at the meeting were
officials and employees from
both the Raleigh and Charlotte
offices. They included A. E
Spears, vice president of the
ChaflotO; office and J. E
Strickland, senior vice presi
dent of the Raleigh office,
whose retirement from the
See GIFT page 8A
■f
DANIEL
ing a homecoming ceremony
before a packed Virginia Hall
See DANIEL page 8A