Newspapers / The Franklin Times (Louisburg, … / Jan. 21, 1965, edition 1 / Page 1
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Weather J>artly cloudy, little cooler to day. Friday, cloudy, warmer with rain likely. Low today, 32; r ? high, 48: j . /' Published Every Tuesday & Thursday Comment i The Basis of business Is coo- .* fldence and fhe basis of con- * fldence Is understanding. Serving All Of Franklin County T?l GY 6-3283 . (Ten Cents) I Lousburg. N C Thursday/ January 21 1965 (Ten Pages Today) 95th Year? Nutnber 96 Local Snow Artistry - ?' " ft Random .scenes above, taken around 'town In the aftermath of the heaviest sndftHall in five years, show artistic talent of same o/ the youngsters in the area* Igloo, top left, \was built t?y Johnny, Vann and Avery Clif ton, sons of M-r* and Mrs.' John Clifton, Maplevtlle Road; huge snowman, lop right, is the handy worJ^ of the children of Mr. arid Mrs. W ilson .Driver , Ford Circle. The handsome masterpiece below, left, and the fallen warrior below", right, are th"e work of unidentified craftsmen.-' ? Staff Photos. First Federal Promotes Two - In Local Office This Week .Frank A^ipead, Jr., and Mrs. Emma D. Davis of the local staff of First Federal Savings am* Loan Association of Rocky Mount received promotions at the Directors meeting held yes terday following the annual meeting of Shareholders.. - Read was promoted from As sistant Vice-President and Branch .Managei^to Vice-Presi dent and Branch Manager, and Mrs. Davis was promoted to .Assistant Branch Manager. Henry Gregory, President of First Federal, presided at the Shareholders meeting and told the group that 1 964 was another good year for the1 Association. "First Federal experienced steady, sound growth," he stat ed, "with assets reaching over $20,900,000.00 and sayings ln * creasing over one million dol . lars." .Gregory aald> "?ur reserves Increased by more than ninety thousand . dollars and savers were paid almost seven hun dred thousand." He reported that savers In the Loulsburg FrankUn County area were paid over thirty-seven thousand dol lars. Expressing great satisfaction with the progress of4h4 Louis - "i bdrg Branch, he said that loans In Loul*burg and Franklin County exceeded two million dollars; during the year, the new office was occupied; Mrs. Caro lyn Pearce was employed as an additional taller apd had proved to be a comtwtent employee. Gregory emphasized the fact that every effort had been made > ? * Masonic Notice Loiilsburf Lodge <13 A.F. 4 A.M. will hold a stated com munication on Tuesday evening, January 28, at 7:30 In tti* Ma Conlc Temple On Jolly Street. Work will be In the Fellowcrtft Degree and all Fellowcraft and Master Masons are cordially JnvtUd. Frank A. Read, Jr. to provide complete savings ind [ loan servloes for Louis burg ind [ Franklin County. In his report, Gregory stressed the Importance of cuSy. tomer relations and commended the personnel for ffielr recog nition of this Important phase of the business. He expressed^lgh praise for the manager of the Loulsburg, - office, Ml1. Read, and his competent assistant, Mrs. Davis. Julius P. Tlmberlake, T. Mort Harris and Ronald P. Tharrlnt ton were agalf! appointed by the Directors to serve as members of the Loulsburg AdvlsoryCom mlttee. "The contribution made by this committee has been an im portant factor In the success'of this highly desirable unit, "Gregory raid In concluding hi* report. The following directors were re-elected* for the year: J. B. Brewer, Jr., Julian B. Fen-. ner, Henry Gregory, Hermaff S. Merrell, Jake L. Rosen bloom, Al/red L. Standi, John. A. Vanri, Jr., and R6bert,D. Wlmberley.V , At the organizational meeting,, the director! met and elected the following officers* for Emma D, Davis 1965: Henry Gregory, .PrestJj dent; Robert D. WimbSrleyi Senior Vice-President. Orafiam C. Kennedy, First Vice-Presi dent, Helen Drummond, Vlce Presldertt atx^ Secretary ? Treafur^r, R.'.C,- WlnsteajJf Loan*Offlcer, nJiorma T.yCu .threll, Assistant Secretary Treasurer, Frank's^. Read,Jr , ?Vice-President and BranfW Manager; and EHfftia D. Davis, Assistant Branch Manager* Rescue Call The Loulsburg Rescue Ser vice answered a call to the home A of Scott Dennis about 6 p.m. yesterday, when Mr. D?i\(ils suffered a "black outf' spe|l. \ Chief V. A. Peoples stateHth^t It apparently was not a severe attack and '.that Wmfcers of the Service Administered oxy gen and that Mr. Dennis was left at home. TM dnly way to get anything done Is to start doing It. ' V Your1 msney won't do much when you are dead. Pu( It to work now. ? - i Association Seeks Clothing The Lou is burg Business As sociation announces that it- .will set as collecting agent for cloth ing donations for the Oxford Orphanage girls .whose dormi tory burned Monday night. Clothing for girls ranging )n "age from 7 to 9 years old is requested and donations should be delivered to the Association office. In the Peltry Building on Main Street'here ih Loulsburg. V fhf' deadline for ac? eptarice. Of clothing by the Association Is* Jafuiary 26. Education Board Holds Special Meet The P rank 1 1 rr fc'outrty Board of Education helcla special meet ing Ja.it night "to study the fi nancial a3pects of Its long rju*?' program. The program, which has been estimated will cost around $3 million, would Include the consolidation of hljh schools In the count;, plus the erection of three new high school plants and other build ings. The Board heard a report from attorney E. F. Yarborough and Superintendent Warren Smith on the 1964 Civil Rights pledge, which Is required to bt signed In order tocontlnue participating In federal funds .In the county. /. The Board took no action on the matter, awaiting further clarification from the State Board of Education. A lengthy discussion was held on the 'cost of planned build ings under the program ap proval by the State department In a survey made'ln the county h? 1M3 The Education Board will meet with tbe Board of County Com missioners Friday night to pre sent to , them a picture of the long-rart^e program. ? ? ' \ ' ? _ ' : Government Credit Offered As Aid To Rural Families In Franklin County ? 1 . {*> * ~ A neu government eredit service. for Jew -income families in rural areas to help them raise their income is available as part of the War on Poverty the .aimouricement tTvis week by Muffle e H. Jobe/ local Supervisor for the Farmers Home Administ ration, which will make the loans The new service opens - lip. government credit for the first- time to many low incouv^ rural families previously unable to obtain public or private loans to improve ^heir earnings. ?? Beginning immediately the local office in -the Perry Building 011 Mam Street in Loumbui'g will accept applications from this county . for loans j.ip -to $2,500 to -f i nance small family Ibusinesses, trades, services and farming" enterprises. Resi de ntS of Louisburg are not' eligible be cause of a ruling .designating towns with over 2500 population as non-rural are^s. Mil Jther communities and towns in the county are eligible,, however, ording to Mrs.4 Lucille Ford of the' Farmers Home Administration Office here. Rural cooperatives serving low-income families and providing services- and fa cilities not otherwise available also are eligible for credit under the program. There is no maximum set for these co operatives and minimum loans are ex pected to average $25,1)00 according to .J>aughtry. w v T . ** . -Management Aid Borrowers will receJve-^-ra^png .with money continuing management aid to help them make a success of their new business or farming enterprise. , On the National level- 3.5 million fam ines in rural America, who include 500, .000 'farm families have been unable to obtain V red it to develop enterprises to^ .^increase thVir incomes: Loans with liberalized- terms wttl be available to such families. Intefest r^te will be 4 and 1/8 per cent. Eligibility requfrfes an applicant: 4 ' 1. Must live in a rural area. 2. Have" a* low income that does not cov- ; er basic family necessities. 3 Be unable to obtain credit from otfher sources, including the regular loan' pro-/ gram, of the farmers Home Administra tion. ? ? 4. Show a reasonable promisef of suc ceeding in the enterprise to be financed, --that is f show that there is reasonable prospect of increasing earnings through a small amount .of credit with aid in man aging. the farm .or other enterprise fi nanced. ?> Security-; wjjl be a promissory note of borrower and loan agreement. 15 Years to Repay _i. Repayment period will be up to 15 years. A cooperative, to be eligible, musrbe primarily composed of and serve low income' rural " families and be unable to obtain credk "from any other sources. For the cooperative there- is no stat utory limit on the size- of the loan and repayment period can be 30 years. In terest rate is the 4 and 1/8 per cent and security Is a property' lien and pledge of revenue. Purpose 'of the cooperative loan is to 9 finance processing, marketing, purchasing and service type cooperatives that direct ly benefit low-lrtcome- families living in ruralareas. " Examples of such cooperatives are those 'packing, selling and shipping'* products .grown on members' farm's, marketing items constructed In home worJcshop>. of members, those pYocessing farm prod ucts, providing custom farm work for members and those going in for whole- ' sale buying of essential farm-operating items such as machinery, seed and fer-r~~* ? tift^er. ? Such, a cooperative may be one that is newly-rfcrmed or long established, but it ?must be made up of a, membership with two-third's h\om. low -Income rural fami lies with t^e\ooperatlve predominately serving such fauces. Mrs. Ford explained that under the pro gram, several farmers in an area could ban together to purchas>\a piece of ma- * chinery Jointly, which wourti be beneficial to them all. -She said fchat shataecropt>ers, fahmlng on halves Avere notejlgjTsJe. How^ ever, she* added, ' 'Those Tecelvlhg, their * training as sharecroppers or those farm ing on halves who managetheirownequl^ ment ancj affairs were eligible. ?* ? The loans, termed "Opportunity Loans are for the purpose, primarily, tliit will' : increase a borrower's income. Tiie local office of the Farmers Home Administra tion lodned over half million dollars in the area last yea j, under its. regular' pro grams, accordingj-Jo tyJrs\ Ford, which was ? a real boost-to the 'local economy. Bjjef Cattle Meetings To Be Held According to Bob Shllllnglaw, Agricultural Extension Agent, a series of three county-wide | beef- cattle meetings will be held in the basement of ^he Agricultural Building here in Louisburg. These meetings will be held January 25, February 1, and February 8 and will begirt pfomptly 4^*7:30 p.m. f On Monday night., January 25, Dr. MlUon Wise, Professor of Animal Science at N. C.4State College, will speak on "Veed Requirements for Be^f Cattle." "On Monday night, February 1, Dr. Robert, flehlow,' Extension Veterinarian, and James Pat terson, Extension Animal Hus bandry Specialist^ will discuss "Controlling Diseases and Parasites in Beef Cattle" and "Performance Testing of Beef Cattle." On Mortday night, February 8, Dr. C. l\ Blake, Extension Forage Specialist, will discuss "Forage Crops t and Pasture Programs f\r Cittle Opera tidMft*' ^ \ . ? - \ V v- ? Hard work still represeiijts the : main essential Ingredient of Isuccees In life. Archie Lee Elected President Of . V - Louisburg Business Association James' Archie Leje, 46-year old Loulsburg auto supply deal er, has been named President of the Loulsburg Business As sociation for 1965. Lee suc ceeds Raymond Burnette, local real estate dealer^. In the post. In- the elections, which were held In the Association qfflce Tuesday afternoon, Alfred M. Goodwin,. Manager of Johnson Cotton was 'eleclec ? vice - president. Elected to tlie Board of Directors of the Association were: Tom Last, Legislative Committee, John Godfrey, Zeb Overton and Mrs. Dorothy Dan iels, Advertising and Trade Committee. Frank A. Reaci. was named to t,he , Board as Finance Com mittee Chairman; jtobert Stan ley, f'ransportat Ion Com in lttee , and Dennis Saunders arid Ray mond Burnette were elected as Membership Directors. Lee, a native of Roxboro, N. , C., has t>e?n a member of the Bgard sljice the start of the Association here three years /ago. He is married . to the" formex FawO^leen Rhew of {'arson County. The Lees have llvad in Loulsburg for the past am ? -:z 6 1/2 years. ^ The Board approved a sug gestion made by James John son that the Association launch a clothing drive for the burjied out girls of Oxford Orphanage. A plea has gone out for dona tlons of clothing to (It girls i , 8, and 9 years old^ with the Association .ifflce being us ed as depository for the.'cloth lng. The drive ends on Jan uary 26. Telephone Company Pays $12,000 In Local Taxes / Louisburg--H. T. Pitts, local manager/ for Carolina Tele phone, one of the cdunty's larg er taxpayers, this week pre sented a check for $11,014 to the Franklin County tax collec^ dr. The check was In payment of 1964 ad valorem taxes on the company's properties with in the county. Also, a check for $1,675 for municipal ad ^alorem taxes In LOulsburg* wast handed to the city tax collector. Checks covering municipal ad\valorero taxes In other towns ^111 be, delivered this weel^. The conyiany's total county and municipal tax bill through out ' eastern. North amounted to $1, 091,000.^ In ad-"" dition, state and federal taxes . came to $8,400,000. This does not include the 10% federal excise tax on tele phone service which the com pany collects frorarft^Su-bscrit,)- . ers andvrenUi>r to*"Tm? federal government^ Tire rul^f \Jaid down in busi ness and industukshould be im portant enough l) Remand strict enforcement. Courage alone Ju: Vlval of. a jipopje, an Individual. Business Association Officials Pictured above are principals in a" meet ing; erf the L'ooisburg Business Association here Wednesday afternoon. Shown above, left to right, Archie Lee, newfy -e.lected President' of the Association; Robert Q. Stanley, & Director; Thompson Greenwood, Executive Secretary of the North Carolina Merchants Assoplation, .who spoke to the group; Mrs. Juanlta Pleasants, Associa tion Secretary; and Alfred M. Goodwin, newly-elected Vice-President of the local organization. Greenwood presented a slide program on the N. 'CfAssociatlon. The io :al group la* studvlr^ the possibility of aligning with the State organization, ? -Times Staff Photo.
The Franklin Times (Louisburg, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 21, 1965, edition 1
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