Newspapers / The Franklin Times (Louisburg, … / Dec. 26, 1930, edition 1 / Page 2
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AT WHOLESALE COST ? next two weeks I am oleHig every piece of Jewelry in my store at wholesale cost. My Mock Is ap-to-date ud cow tains many useful and valuable Christmaa gifts. Oome quick and get your choice. Ton may never have such an opportunity to buy high class Jewelry so cheap again. L. W. PARRISH, Jeweler "GIFTS THAT IiAgT" PHONE 235-W IiOUlgBUHG, N. O. SEMI-ANNUAL PAYMENT ? OF INTEREST January 2nd, 1931 The usual interest on deposits in the Savings Depart ment of this Bank, will be credited on our books Janu ary 2nd, llfel. This interest will be ready for pay ment or for entry on pass books, at the convenience of depositors, any time after the above date. New deposits made on or before the fifth of Jann ary will draw interest from January 2nd, 1931. , CITIZENS BANK & TRUST CO.. Henderson, N. C. CAPITAL and SURPLUS $800,000.00 P. S. December 28th, Christmas Da; and January 1st, New Year's Day, are both Legal Holidays and this Bank will be closed on these days. LIFE INSURANCE? ?' > . The surest and easiest way to create an Estate. The best and safest form of Investxpent. ? ? * In times of panic and de pression the need for ft is greater than ever. . It takes the worry out of life. There is a policy to suit your individual needs. It will pay yon to investigate. HEW TORE LITE ? ? Insurance Company . * JAMES B. KING AQiirr Louiuuao, s. c, DR. E. 8. OEBENE *. ouhum FUK BALK Productive Farmi, large or email In this and adjoining eoantleo. One (onrth cash, balance over long peri od. Address. PIEDMONT LAND COMPANY, Raleigh. N. C.. . 11-14-dt . P. O. Box 1(7* J ADMINISTRATOR'S NOTICE Having qualified as administra tors of the estate of John R Pace, deceased, late of Franklin County, North Carolina, this Is to notify all persons having elatins against the estate of said deceased to exhibit them to the undersigned at Raleigh. N. C. on or before the tth day of December, 1911, or this notice will be pleaded In bar of their recovery. All persons Indebted to said aetata will please make immediate pay ment. Tbjs Srd day of December, 19>0. O. A. Edwards, and C. H. Hall. Administrators of the Estate of John R. Pace, Care of B. D. Flowers, Atty., 409 Lawyer's Bldg., Raleigh. N C. !?-?-?< NOTICE Havtqg qualified as executrix of th< estate of J. R Sheartn. deceased, lat< Franklin Oonnty, N- CL. notice li hereby given all parties holdlni claims against the said estate to pre sent them to the undersigned on oi before the 1Mb day of December, 1931 or this notice will be plead In bar oi their recovery. All persons Indebted to said estate will please come for ward and make Immediate settlement This December llth, UN. MllB. BtJRLA R TBAOUK lVlf.tt Executrix _ _ owners and poultrymea oi the Elate will mast at the QuUfort en Frldag. Jaasan a North Oaro i)S THE HEW TOBACCO COOPERATIVE MARKETING CONTRACTU AND WHAT THEY. ME AN TO THE TOBACCO GEO WEES OF HOBTH CAROLINA (The following Sua; was written by Jesse Weater, and won first place In Franklin County, In the contest sponsored by Hons. Josephua Daniels and Clarence Poe, by young Tar Heel Farmers, thirty six being offered In Franklin County. It was entered In the State contest Jesse is a student at Edward Best High School.) Did you erer stop to consider what cooperative marketing means? Can you not see a demand tor a means ot marketing our produce more than ever before? Years ago men could see benefits of a cooperative marketing associa tion. From 1926 to 1927 the people of North Carolina assembled and or ganised an association of business men to study the cooperative market ing situation. From this study there has, with the help of leaders, grow ers, and business men been organised an association known, as, "The North Carolina Old Belt Tobacoo Growers Association" for the growers of the old belt and a similar association for the growers of tobacco 4n the new belt This new association resembl s the one organised before, this one, but may I state from my point ot view that the information' I have received from others and the study of new con tracts convinces me that the new as sociation has a much firmer founda tion than the old association had. The old association, although It fail ed, bad to Its credit many accomplish ments, but to my mind one of the rioet outstanding accomplishments of this association was the loyalty and seal that some of the old members and directors have .phown since the break-up of the old association. The contracts consist of two divi sions, namely the organisation agree ment which Is providing for prelim inary work, and the marketing agree ment that sets up plans by which the grower is to market his tobacco. Timae grew worse and worse. Men began to see the need of a more ef ficient means of marketing their to bacco. With this In mind each to bacco growing county held maes meet lugs to atscoss the tobacco sitaation. It was decided that each tobacco growing county in the old belt ot North Carolina send delegates to Ra leigh to organise an association and take care of their tobacco. From the delegates that were at the state meet ing a committee was named consist ing of one man from each tobacco growing county. From this commit tee there was to be elected an exe cutive committee. The committee worked out plans as they thought best, but the people aaid. "We need heio and need it NOW." The organization has not progressed rap idly. " Id this organisation only the presi dent is a salaried officer, bat other officers may receive pay while work ing, which is spoken of In the by-laws. They may receive ten dollars per day. If a member of the committee re signs or is unable to act, his vacancy may be dlled by electing a successor. The books will be examined annual ly by certified public accountants. May I a'ate that here la one ot the strongest points of the agreement, be cause the hooks will have to be kept accurately, or otherwise the court will handle the book-keeper. The Fed ? cral Fsrtn Board la especially .nter eetad here. _ The membership tee la three dol lars. Bach member is entitled to one rote. The governor nomlna'ee the public director who Is appointed by the directors Why? For the simple nsson that the governor knows men who are capable of holding the posi tion. The public director does not have to he a growee of tobacco be cause ha will probably he a hanker or other business man. . The board of directors wUl be crim en by the organisation committee. This board ot directors will determine whether or not there hae tobacco pooled by May U. MM 1? cause the organisation to operate ei ^The'oblect that la ta view is to in sure efficient production, warehous ing. and processing, as well hii mar keting ot tobacco. Another object la to belp stabilise the markets Here we see that the middleman and ptnhooker In eliminated. ? , Another point that helps stabilise the market la provided for in the by laws?that no director shall be man seer of the association Instead of having so mapy book-keepers in ev ery llt'le warehouse, the association plans to eliminate those not needed. Therefore we do not pay as much auc tion fees, warehouse charges, and oth er similar expenses, bat we do have to oar freight and other overhead charg es. The expenses will be deducted from the sale of tobacco. Therefore, for the above reasons. I believe the| Old Belt Association baa one of the i firmest foundations of which I have hurd. If the landlord la a member of the association, he may aall bit tenant's tobacco, provided that they have al ready made a written agreement. He? is not bound to sell a non-member tenant's tobacco. The member agrees tc sell hie tobacco and deliver It te the association, although It la at hit own risk until delivered. After a parson has been a member for one year he may cancel hie mem bership, but he can not Join again that same year. Only tobacco growers can Advances will be determined by the directors after the government grad er* have graded the tobacco. They may also mingle the tobacco of like type* together In the pool. This win save time aad cost of handling every man's tobacco separately. J When one Joins he agrees that the l|sseoctatlon may 'bdhrow mousy by acceptance notes, and other ways oa his tobacco. Hers the asee< with the Mother! Clean Child's Bowels - ^ "California Fig Syrup" is Dependable Laxative for Sick Children CMMna Love It* Pleural Tute B your Uttk omt It out-of-eorta, roit pUr, Menu tick, languid, not eatural?euspect ths bowels. A tea ipoonful of delicious "California Fig Syrup" given anytime sweetens the stomach and soon moves the sour fer mentations, gases, poisons and indi gestible matter right out of the bowels and you have a well, playful child again. Millio of mothers depend upon this gentle, harmless laxative. It never tramps or overacts. Contains no nar cotics or soothing drugs. Say "Cali fornia" to your druggist and avoid counterfeits. Insist upon genuine "California Fig Syrup" which has di rections for babies and children of all ages plainly printed on bottle. rarm Board. The pooled tobacco can be sold with in or without the United States. We can plainly see that the association is trying to get all out of tobacco that is possible. It is sold direct to the man ufacturers. This is where the specu lator is kicked out. The member gets bis money. Selling houses may be situated- at different places and moved if nec essary, just as the directors see lit. The grower agrees that no member of his family has anything to do with his crop. So this is why his wife, daughter ,or son can not say that the tobacco is t&elrs. He also states that he has not contracted to sell his to bacco elsewhere. Suppose you wanted to join the or ganization, but had to give a mort gage on your crop for guano, could you Bo Itf Tea If the mortgage is presented to the association it will be paid off and deducted from the sales. If a member's tobacco is sold out side of the organisation, he agrees to pay five cents per pound for damages to the association. If he threatens to sell the tobacco outside, an injunction may be secured. This prevents the sale elsewhere. It Dne wants to join, but does not have the three dollars, he may join and the fee will be deducted from the first ?ale. When a person signs the contract <ust discussed, he applies for member ship, and also states that he has a clear understanding of the contract. In conclusion, may I state that 1 believe that every one of us will agree with the Federal Farm Board in say ing, "The low prices of today are due to over-production and lack of coop eration." Ned Johnson told county agent D. H. Osborne of Alexander County that he waa going to start right in 4-H dairy calf club work 90 he sold grade cow and calf to secure addi tional funds needed to buy a regis tered heifer. UT Waot H. OL 1 half th?: Waak. M ' with paina ia my M part of my bad 11 ?u a girl, my i pn ma Canfari. ud H did ma ao maeh pood. I thought I waold try k again. I took flra botUaa, aad I fcaTUka a aaw pan -I think it ia iaai I would ad riea aiaj woman who ia try Cardui. tor it haa tafaiy pot ao an AT THIS SEASON AS ALL THOUGHTS TURN TO GREETINGS WE WOULD NOT FORGET THOSE OF YOU WHO HAVE BEEN LOYAL TO US THRU OUT THIS YEAR. It is our earnest desire that every one of you will enjoy this Christmas Season more than any in the past and may the future New Year be more Happy and Prosperous than you have ever experienced. G. W. Murphy & Son "Home Owned Grocery" Louisburg, - N. Carolina HERE'S HOPING THE NEW TEAR WILL BE BETTER IT CAN'T BE WORSE The Spot Cash Co. 0 ' ' . ? '"<-YV f' ? . V ? % '? * ? ? ' D. F. McKinne, President PAY CASH AND PAY LESS
The Franklin Times (Louisburg, N.C.)
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Dec. 26, 1930, edition 1
2
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