/
.V
v Hi
HO RUBBER STAMP CONGRESS
It doesii 't look as if this is going to be a rubber stamp
Congress, despite the President's precedent-breaking re
electiou. The final election returns were hardly in be
fore Congress refused to adjourn ? in the face of White
House pressure ? and passed the Walter-Logan Act,
which is something the White House definitely did not
want.
Significant point is that both these decisions were and
could have been achieved only through a Republican
coalition with a substantial number of Democrats. It is
true beyond question that many Democratic congress
men are bothered by what they regard as a predisposi
"f tion toward one man rule on the part of the President.
The President himself has thrown no bombshells since
y the election, and in his statements and press conferences
lias taken a moderate stand.
QUO
THE FRANKLIN TIMES
Issued Every Friday
US Court Street Telephone awa-l
A. F. JOHNSON, Editor and Manager
SUBSCRIPTION RATES
Om Tear flJO Six Months 70
Bight Months 1.00 Four Month* 00
Foreign Advertising Representative
AMERICAN PRESS ASSOCIATION
New fork City
Entered at the Postofflee at Lonlshurg, N. C. as second
class mall matter. i
WHAT IS CAPITALISM?
The head of one of Americans largest banks recently
had thisjfcf say concerning capitalism: "Business must j
have capital. What is capital* Savings. Whose sav
ings? The people's, yours, your friends, your neigh
bors.
"Everyone who saves something from his earnings
and puts that money to work, or has it put to work for
him, is a capitalist.
"That is the American way, the way in which Aiueri- 1
ca has been built. Capitalism is democracy ? at work."i
That's simple, and it's sound. Capitalism is a term
too often used to mislead the uninformed and create po
litical discord. The truth is that capital is the collec
tive invested savings of millions of people ? the man
with a hundred dollars, the woman with live hundred.
That's what the capital in the nation's banks consists !
of. The average bank deposit is small. But put mil- ;
lions of those accounts together and you get real money j
? the money that goes to build homes, to start business- !
ee, to expand industries, to make jobs, and to do the j
thousand aud one things necessary to keep American
industry expanding and employing labor.
The nation's bankers are simply the custodians of this i
capital. They don't own it. They are hired managers, |
responsible to their depositors and controlled by the j
strictest kind of laws. It's their job to put it to work
where it is safe ? and where it will* be employed in build- j
ing up the wealth and the resources and the economic j
and social values of America. The great majority of
American families are capitalists. There future secur- ,
ity depends on invested savings in industries, in life in- j
surance, in land, etc. Any political trend which weak
ens our private enterprise system, strikes at individual '
savings ? capital.
1 ? ooo ? ?
THEY WOULD READ YOUR AD
TOO, IF IT APPEARED HERE
NOTICE OP SALE
Under and by virtue of the au
thority of sale contained in that
certain judgment of the Superior
1 Court of Franklin County, North
'Carolina, entered in that certain
tax foreclosure suit No. 1429, en
j titled "County of Franklin v. Dr.
j J. O. Newell and wife, Mrs. Jennie
j D. Newell, et al,", which said
judgment is duly docketed In Tax
{judgment 3 at page 135, In
the office of the Clerk of the Su
perior Court of Franklin County,
North Carolina, the undersigned
Commissioner will offer for sale
to the highest bidder for uash at
t-he courthouse door in the Town
of Louisburg, Franklin County,
North Carolina, at or about the
hour of twelve o'clock noon, on
THURSDAY, 23 JANUARY, 1941
the following-described lands in
Cedar Rock Township, Franklin
County, North Carolina:
FIRST TRACT: Containing
four hundred twenty-two acres,
known as the Newell Place, boun
ded on the north by t>he lauds of
W. B. and J. A. Coppedge, on the
east by the lands of J. W. Gard
ner and F. O. Boone, on the south
by the Coppedge Mill, and on the
west by J. A. Dean and J. O.
Newell.
SECOND TRACT: Containing
seventy-one acres, aud known as
the Long land, bounded on the
north by the lands of J. O. May,
on the east by the lands of W. B.
Coppedge. on the south by the
lands of J. O. Newell, and on the
west> by the lands of G. B. H. Mai
lings.
For further reference as to des
cription of said lands, see tax note
in Book 307 at page 327, Frank
lin County Registry, and also
Book 271 at page 552, said Reg
istry.
The successful bidder will be
required to deposit* with the Com
missioner a sum equal to -live per
centuin (5%) of the amount bid,
to secure compliance with the
terms of the sale.
Dated and posted this the 23d
day of December, 1940.
JOHN F. MATTHEWS,
12-27<-4t Commissioner.
NOTICE OP SALE
Under and by virtue of the au
thority of sale contained In that
certain judgment of the Superior
Court of Franklin County, North
Carolina, entered in that certain
tax foreclosure suit No. 17D. en
titled "County of Franklin v.
C. F. Best and wife. Lucy T.
Best, et al.", which said judg-i
ment is duly docketed in Taxi
Judgment 3 at page 137, In
the office of the Clerk of the Su
perior Court of Franklin County,
North Caroling, the undersigued
Commissioner will offer for sale
to the highest bidder for cash at
t'he courthouse door in the Town
of Loulsburg, Franklin County,
North Carolina, at or about the
hour of twelve o'clock noon, on
THCR8DAY, ifii JANUARY, l?4I
the following-described land in
Frankllnton Township, Franklin
County. North Carolina:
Listed in the name of C. F.
Best for the year 1931, and more
particularly described as follows:
That certain tract or parcel of
land, known as Mie Cooke Place,
containing Ave hundred twenty
(520) acres, more or less, and
bouuded in part on the south by
Joe's Creek and being originally
a part of the lands formerly be
longing to Cieorge Winston, and
devised by George Winston to his
wife, Mrs. Bettle D. Winston Ut
ley In Book U at page 349; and
devised by Bettle D. Utley to C. F.
Best for life, remainder to the
children of C. F. Best, in Book
W at page 140. For further ref
erence. see also Book 307 at page
256. Franklin County Registry.
The successful bidder will be
required to deposit! with the Com
missioner a sura equal to Ave per
centum (5%) of tbe amount bid,
! to secure compliance with the
terms of the sale.
Dated and posted this the 23d
day of December, 1940.
JOHN F MATTHEWS,
12-27-4t Commissioner.
NOTICE OF SALE
Under and by virtue of the au
thority of sale contained in that
certain Judgment of thf Superior
Court of Franklin County, North
Carolina, entered in that certain I
tax foreclosure suit No. 15D, en
titled "County bf Franklin v.
Mrs. Vernon R. Hales, widow,
et. ul ", which said j u d g
ment is duly docketed in Tax
Judgments 3 at page 138. In
the office of the Clerk of the Su
perior Court of Franklin County,
North Carolina, the undersigned
Commissioner will offer for sale
to the highest bidder for cash at
t-he courthouse door in the Town
of Louisburg, Franklin County,
North Carolina, at or about the
hour of twelve o'clock noon, on
THUR8DAY, 33 JANUARY, 1941
the following-described land in
Dunn Township, Franklin Coun
ty, North Carolina:
Listed as 22V4 acres Thomas
and described in Book 290 at
page 323 as follows: Bounded
on the east by Uie lands of Mrs.
J. B. Wilder (Mrs. Minnie R. Wil
der); on the south by the lands
of Mrs. Ida Bailey; on the west
by the Joyi^r land, and on the
north by the lands of Willis Tant',
and being a one-third undivided
interest in the following tract of
land containing 62 Vi acres, more
or less, and being tract No. 1 in
t-he division of the lands known
|as the J. J. Thomas land which
was divided into small tracts by
the Montgomery Lumber Com
pany. a map of which division is
'duly recorded in Map Book 1 at
pages 124 and 125, Franklin
j County Registry, reference to
| which is hereby made for a full
! description by me?s and bounds,
containing 62% acres, more or
less, and being the lands convey
ed to H. M. Richardson by deed
from Montgomery Lumber Com
j pany In Book 244 at page 68,
; Franklin County*' Registry.
The successful bidder will be
required to deposit- with the Com
missioner a sum equal to five per
icentunji (5%) ofithe amount bid,
to H($;Ure compliance with the
? lerirts of the sale.
Dated and posted this the 23d
day of December. 1940.
JOHN F. MATTHEWS.* *
12-27-4t Commissioner.
NOTICE OF SALE ^
Under and by virtue of the au
thority of sale contained in that
certain Judgnlnet of the Superior
Court of Franklin County, North
Carolina, entered in that certain
tux foreclosure suit No. 720. en
titled "County of Franklin v.
Percy Bibhy and wife, Bettle Bib
by, et al.", which said judgment
is duty docket in Tax Judgment 3
at page 135, in the office of t<he
Clerk of the Superior Court of
Franklin County. North Carolina,
the undersigned Commissioner
will offer for sale to the highest
bidder for cash at tihe courthouse
door in the Town of Louisburg,
Franklin County. North Carolina,
at or about thff hour of twelve
o'clock noon, pji
THURSDAY, 4ft JANUARY, 1?41
tlfe followiug4rescribed lands in
Franklinton Township, Franklin
County, North Carolina:
Being a part of the Simon
Jones tract, containing 134 acres
and more particularly described
as follows: Beginning at a stake
and walnut trete, Mibchiner's cor
ner; thence S Id W 40 poles to a
stake, and pine pointers. Mitchl
ner's corner; thence east 26 poles
to a stake, Mitchiner's corner;
thence N Id E 244 poles 10 links
to a pine in Warren Hazlewood's
line; thence N 87d W 67 poles 16
links to a stump and jointers,
Hazlewood's line; theifci'N 89d
W 37 poles 10 Mnks Jo a stake
near a large i?lhe; tihence South
193 poles 8 links to a stake, near
| a sweet gum in Mitchiner's line;
thence S 88d E 78 poles to the
| beginning.
The successful bidder will be
required to deposit with the Com
missioner' a sum equal to Ave
percentum (6%) of the amount
bid, to secure compliance with the
terms of the sale.
Dated and posted this t<he 23d
day of December, 1940.
JOHN, F. MATTHEWS.
12-27-4t Commissioner.
NOTICE OF RE-SALE
Under and by virtue of an or
der of the Superior Court of Nash
County, made in the special pro
ceedings entitled "W. B. Cone and
Wife and William B. Cone, Jr.,
1 GREETINGS
In extending our best wishes for you and your
A
V
Merry Christmas ?
? and a vtfi^y
Happy and Prosperous
New Year
We wapt to express our appreciations for
the generous patronage you have givin us this
past year.
Your OLDSMOBILE and
PONTIAC Dealers
GUPTOPTS SERVICE CENTER
Administrator of tlvfe estate of W.
| B. Cone, deceased and otihers, vs.
I Ola C. Strickland and Others,"
dated December 20, 1940, the un
dersigned commissioner will, on
the
4th DAY OF JANUARY, 1941
at or about 1:30, P. M., in front
of H. Stalling's Store at Plloti,
Dunn Township, Franklin Coun
ty, North Carolina, offer for re
sale to the highest bidder for cash,
the following described tract of
land subject) to timber deed from
I. T. Valentine, Commissioner, to
P. E. Daniel:
Beginning at a stake and poin
ters, corner of No. 1 ; thence nouth
79 poles to a black jack and poin
ters, Crudup's now Pace's corner;
thence east 100 poles to a white
oak; thence N. 79 poles to a stake
and pointers, corner of Nos. 1, 3
and 4; thence west 100 poles to
the beginning, containing fortiy
nlne and three-eights (49 3-8)
acres, being lot No. 2 in the divis
ion of H. J. Bell land. See deed
recorded In Book 217, Page 294,
| Frankiln Registry. The same be
i ing tract No. 4 as described in the
original petition in this cause.
This 20th duy of December,
1940.
O. B. MOSS.
12-27-2t Commissioner.
I NOTICE OF SPECIAL llOND
ELECTION
in the
TOWN OK YOUNGSVILLE,
NORTH CAROLINA
A special election will be held
between 7 A. M. and 7 P. M.,|
Tuesday, January 28, 1941, at
which there will be submitted to
the qualified voters of the Town
of Youngsville the following
question:
1. Shall an ordinance pass
ed December 23, 1940 author
izing not exceeding $3,000.00
bonds of the Town of Youngs- j
ville for the purpose of com- j
pleting the construction of t>he j
waterworks system of said '
Town, and a tax for said bonds,
be approved?
Said question hereinabove set
forth contains a statement of the
purpose for which the bonds are
authorized by the ordinance re
ferred to in such question.
If said bonds are issued, a tax
will be levied for the payment of
the principal and interest thereof
on all taxable property in the
Town of Youngsville.
For said election the regular
reglstration books for elections in
said Town shall be used and such
books shall be open for the regis
tration of voters not theretofore
registered, from 9 A. M. until 6
P. M. on each day, except Sundays
and holidays, beginning Saturday,
January 4, 1941, and closing Sat
urday, January 18, 1941. On each
Saturday during said period said
rtN.s GRElUi^- 1
books shall renin In open at the
polling place.
The polling place and the nam
es of the election officers, subject
to change as provided by law, are
as follows:
Polling Place; Mayor's Office.
Registrar: 0. C. Winston.
Judges: 'C. K. Jeffreys. K. J.
Young.
By order of the linard of <'om-i
missioners of the Town of:
Youngsvllle.
12-27-lt 8. K. WINSTON. i
1-10-lt Town Clerk. |
AN ORDINANCE AUTHORIZING
*3,0M0.<H> WATKK BONDS
BE IT ORDAINED by the
Board of Commissioners of t'he
Town of Youngsvllle:
Section 1. That the Town of
Youngsvllle issue its bonds pur
suant to The Municipal Finance
Act, 1921, as amended, in an
amount not exceeding $3,000.00
for the purpose of completing t'he
construction of the water works
system of said Town.
Section 2. That a tax suffic
ient to pay the principal and in
terest of said bonds shall be an- 1
nually levied 'and collected.
Section 3. That a statement!
of the debt of tibe Town has been
filed with the Clerk and is open
to public inspection.
Section 4. That this ordinance
shall take effect when approved
by tihe voters of the Town at an
election as provided by law.
The foregoing ordinance was
passed on the 23rd day of Decem
ber, 1940, and was first published
on the 27th day of December,
1940.
Any action or proceeding ques
tioning the validity of said ordi
nance must be commenced within
t-hirty days after its first publica
tion.
S. E. WINSTON,
12-27-2t Town Clerk.
As long as a country has its
revolutions, it/11 keep on going
around in circles.
I WIN YOUR RACE!
For Business Supremacy
By Advertising^
ST&
m
g:
&
&
m
THE SEASON of
GOOD CHEER I
2a
Finds us again eagerly awaiting the
opportunity of expressing a warm and
friendly GREETING to our hostB of
friends in the community which it is our .
privilege to serve.
? i ?>
It is our sincere wish that we may con
tinue those fine relationships that have t
come our way.
Sincere good wishes for a Joyful
(Thristmas and
A HAPPY NEW
YEAR
?
economy auto supply CO.
R. Lee Johnson, Mgr.
Louisburg, N. C