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$12,000.00 Attorneys’ Fees Are Allowed
D. A. Rendleman, Trustee
Of Defunct Perpetual
Building & Loan Associ
ation, Instructed to Dis
burse Funds To Greens
D. A. Rendleman, trustee of the
defunct Perpetual Building and Loan
Association, has been instructed by
Federal Judge E. Y. Webb, to pay
Brooks, Parker and Smith, Greensboro
attorneys, their fees of $12,000 charg
ed for representing the stockholders of
that institution during liquidation.
Payment of this fee was withheld
several weeks ago upon the protest
of E. A. Goodman and A. L .Kluttz,
stockholders. This protest was later
It is expected that Mr. Rendleman
will disburse the funds within the near
future. This will take up the remain
ing monetary assets of the bankrupt
A holding company has been or
ganized to handle the balance of the
assets of the Perpetual Building and
Loan Association. It is known as The
Rowan Holding Company. Incorpora
tors were: E. A. Goodman, C. W.
Isenhour and A. L. Kluttz.
It is estimated that 30 houses and
lots still remain in the name of the
Perpetual Building and Loan Associ
ation. The new holding company will
handle this property to the best ad
vantage of the stockholders of the de
funct building and loan association.
Abolition Of Townships
Also. Held Me*ns To Im
Ithaca, N. Y.—Abolition of town
ships and the consolidation of a num
ber of counties in most states were rec
ommended as necessary steps in the
improvement of rural government by
Howard P. Jones of the National Mu
nicipal League at the 14th annual
American Country Life Conference
held here at Cornell University.
The county manager plan was also
urged by the speaker as leading di
rectly to improvement in administra
tive methods and efficiency and econ
omy in county government.
Five possibilities exist for improve
ment in the government of rural areas,
according to Mr. Jones. They are
briefly: (1) Change in the form of
government; (2) Change in the area
of government; (3) Change in the
functions of the county; (4) Aboli
tion of the county; and (5) Improve
ment in administrative methods. This
latter, of course, should go hand in
hand with any of the other changes,
but some progress can be made under
present county organizations.
"Change in the form of govern
ment contemplates the establishment
of optional forms of county govern
ment by the legislature and home rule
for counties which would permit them
to adopt any one of the forms estab
lished by the legislature or to draft
their own charters. The county man
ager plan for instance, generally ac
knowledged the most effective form
of administrative organization, cannot
be adopted in many states at present.
"Four possibilities exist under
change in the area of government. The
townships should be abolished. Coun
ties might be and probably should be
consolidated in most states. Cities and
Abolition of the county would do
away wdth home rule in rural areas.
However, it would have the advant
age of centralization of responsibility
and w ould permit the state to district
the handling of various functions in
accordance wdth most effective prin
ciples of organization.
"Centralization of administrative
responsibility is essential—at present
it is the logical first step to be taken
in the solution of the county prob
lem. Large sums can be saved through
the improvement of administrative
methods, but there is faint hope of
much progress in this direction with
out the centering of responsibility up
on a single executive. There are those
w ho see the county as a unit which
wdll gradually develop its own logical
organization to best serve its needs,
and who take issue with iny trans
planting of ideas from the municipal
"Essentially, the problem of county
government is the same as that of the
city; in a nutshell, it is the difficulty
of obtaining efficiency in the admin
istration of a democracy. There seems
no fundamental reason for our not
taking advantage of such solutions as
our urban centers have worked out.
The manager plan seems as well adapt
ed for county government as for city
government, though so far adequate
experience is lacking to demonstrate
its effectiveness. Centralized purchas
ing and sound budgetary procedure
are certainly tw'o of the fundamenTil
improvements needed in county gov
counties should be consolidated when
ever coterminous or almost entirely
urban, and different areas might be es
tablished for different functions, re
ducing the number of county func
tions or doing away with counties al
"There are three ways in which a
change in county functions might be
brought about. The state might take
over some of the work the counties
are now doing, leaving matters of pe
culiarly local concern to the counties.
There might be a consolidation of
functions among counties.
"For instance, three small counties
might get together for the purpose
of. building roads or constructing a
drain or carrying on health work. Or
again, the county might retain all its
functions as an administrative unit
but become a mere agent of the state
with no home rule, all matters of pol
icy being determined by the state gov
"Little likelihood exists that people
of any state in the immediate future
will abolish counties entirely. Howev
er, the possibility of such abolition in
a few states may be nearer than we
think, as evidenced by the recent
wholesale taking over of county func
tions by the state.
RE-SALE OF REAL PROPERTY
Pursuant to the provisions contained in a
certain mortgage trust deed, dated October
22nd, 1930, executed by A. S. Casper and
wife, Lottie E. Casper, to T. F. Hudson,
Trustee, which mortgage is dulj' registered in
book of mortgages No. 116, page 230, office
of Register of Deeds for Rowan County, N.
C., default having been made in the pay
ment of the amount secured by the said mort
gage as therein provided, and by authority
and power of sale conferred by said mort
gage and by law provided, and at the re
quest of the holder of said note, the under
signed Trustee will offer for re-sale at pub
lic auction to the highest bidder, or bidders,
for cash, at the Court House door in Salis
bury, N. C., on
SATURDAY, OCTOBER 10th, 1931,
AT 12 O’CLOCK, NOON,
the following described real property, to-wit:
BEGINNING at a stake in the center of
the Salisbury-Albemarle Highway, R. W. Trex
ler’s corner in Martin E. Miller’s line; thence
with Miller’s line, South 27 deg. West 295.7
feet to a white oak, Martin E. Miller’s corn
er ; thence with Miller’s line, North 85 deg.
West 57 feet to a stake, corner to lot No.
41 in Miller’s line; thence with the line of
lot No. 41, North 2 deg. 15 min. East 281
feet to a stake in the center of the highway,
corner to lot No. 41; thence with the center
of the highway, South 85 deg. East 168 feet
to the BEGINNING, being lots Nos. 42, 43,
44 and 46 as shown on the map of the prop
erty of the A. A. Trexler heirs, and being
the same property as conveyed to Adam Cas
per by G* Ray Brown by deed dated June
21st, 1930, recorded in deed book 212, page
50, in the office of the Register of Deeds of
Rowan County, N. C.
Bidding to begin at $177.10.
Dated this September 22nd, 1931.
T. F. HUDSON, Trustee.
HUDSON & HUDSON, Attorneys.
ernment. It is possible but difficult
to obtain either of these >vithout a
singleheaded executive in whom to
w—■—— i *
Carl Lee Tippett
Carl Lee Tippett, 29, local barber,
died Sept. 16, from injuries he received
in an automobile accident. Funeral
services were conducted Sept. 17 from
Christianna Lutheran church.
Surviving is the wife and a daugh
ter by a former marriage. He was
married the second time about two
months ago. Brothers and sisters sur
viving are C. M. Tippett of Spencer,
A. D. Tippett of Martinsville, Va.,
Rev. A. C. Tippett of Ramseur, Mrs.
H. G. Misenheimer of Salisbury, and
Mrs. J. E. Link of Thomasville.
G. W. Hill
Geo. W. Hill, 67, farmer, died at
his home near China Grove, Sept. 17.
Funeral services were held Sept. 18.
Interment followed in Greenlawn
The deceased is survived by his
widow, Mrs. Esther Hill; and the fol
lowing sons and daughters, Geo., of
Kannapolis; and Mrs. Mary Wilhelm,
Sam, Mrs. Margie Shussler, Marvin
and Maybelle, all of the China Grove
section. Ten grandchildren also sur
STORE PER HUNDRED
POPULATION IN U. S.
Census Lists All And
Amount Of Business,
Which Exceeds Fifty
Washington.—For almost every 100
persons in this country there is a store.
It may be a harness shop or a place
specializing in baby clothes, but it is
a store of some kind.
The Census Bureau, in making pub
lic a report on retail business estab
lishments, said there were 1,549,168
stores and 192 different kinds of them
in 1929. Their net sales aggregated
Scattered throughout the United
States were 3 5 85 harness shops, but
only 34 carriage and wagon stores.
Drug stores in which one could buy
a soda and a sandwich numbered 34,
265 and realized $1,138,15 ',38S ir,
net sales. The report showed there
were still plenty of "non-fountain”
drug shops—23,451 of them—but
they did less than half the business
carried on by their soda fountain com
The Census Bureau reported on ev
ery type of store—fish markets, 5-and
10-cent stores, umbrella shops, air
craft dealers, auction houses, pet shops,
places selling artificial limbs, beauty
shops and blacksmith shops.
Food stores led in number and sales.
There were 497,715 of this type, with
$11,310,627,359 in net sales. Plain
grocery stores outnumbered all others
in the food classification, the report
showing there were 204,345 in this
class. They realized almost four bil
lion dollars in net sales.
Country folk still had lots of gen
eral stores where anything from a shoe
lace to a supply of sugar could be
bought. These establishments, famous
for winter meetings of the "stove
pipe league,” numbered 87,683 and
did a business in 1929 of $1,927,622,
967, about four per cent, of the total
Baby’s clothes were the specialty of
277 shops. Airplanes and accessories
were sold by 102 establishments. The
more than 1,000 pawnshops aggregat
ed $34,212,477 in net sales. There
were 13 5,674 restaurants, "hot-dog”
stands and lunchrooms.
Almost a billion dollars’ worth of
business was done by 11,620 5-and-10
Installment-plan jewelry stores to
taled 612 and aggregated $59,095,
999 in net sales Almost $800,000
worth of artificial limbs were sold by
Second-hand furniture stores out
numbered the others in the furniture
group. There were 5,640 of them and
they took in $39,963,146.
The Census Bureau also reported on
the number and types of hotels of
more thanu 25 rooms operating dur
ing 1930. Total receipts of $962,801,
000 were report'd by more than 16,
000 hotels operating the year round.
Resort hotels, 2,? 00 of them, did a
business of $76,562,000.
SUED FOR MILLION
Raleigh—Suit in the sum of $1,
000,000, for the Bank of Stokes
against its board of directors in all of
its four branches has been instituted
by Gurney P. Hood, commissioner of
banks, whose complaint of 27 pages
has been filed.
THE AMERICAN NEWS STAND
113 W. Innes St.
WILL OPEN FOR BUSINESS
Saturday, September 26 th
MAGAZJNES . . . SOFT DRINKS . . . TOBACCOS
GIVE US A TRIAL
1 SEND THEM THE WATCHMAN 1
0 _o_ ;o:
STUDENTS AT THE VARIOUS COLLEGES WILL ENJOY p
| READING THE HOME TOWN NEWS EVERY THURS- I
1 DAY. LET US SEND THEM A PAPER EACH WEEK . : . . |
Special Subscription Price for 9 Months S
1 50c 1
W. B. RUSSELL
FORMERLY LOCATED AT J 22 *4 N. MAIN ST.
Announces the Removal of
THE DIXIE STUDIO
THE AMERICAN NEWS STAND
113 W. Innes St.
24 Hour Service . . . Special Attention To Mail Orders.
ALL WORK GUARANTEED.
DRY CLEANING I
AND PRESSING §
THE MOST DELICATE FABRICS ARE |
SAFE IN OUR HANDS. §
HATS BLOCKED 1
BY US LOOK LIKE NEW. I
"1 our Clothes Are Insured While In Our Care” 35
Phone Orders Called For and Delivered. 35
POPULAR PRICES AND PROMPT t
Phone 1502-W Salisbury, N. C. 122 E. Innes
NO matter what model ycu select, Fresh-Air Oven, which insures per
$5.00 down will install it; we’ll feet baking results every time-in- I
allow you $10.00 trade-in on your sulated to keep the oven hot, the cook
old stove, and you may take two cool, even on the hottest of summer
years to pay the balance I days. The broiler pulls out like a
j Even if your old stove is still giving cabinet drawer. The cooking top is
satisfactory service—now is - big and roomy, to hold four
the time to enjoy all the bene- ^ WKK large cooking utensils without
fits of modern cookery with a # crowding,
genuine new model Estate ^ A , ,
Gas Range, at such a tremen- *here are loads of '>th*r
i dous saving. DOWN ne eatures y°ull be inter
w ested to hear about. So, come
Every Range Brand New in soon; let us demonstrate \\
No discontinued stock in this sale. one °f these smart new Estates, and
Every model is a new 1931 Estate, explain how you may have all the
the latest edition of the cabinet range. advantages of Estate cookery at so
Every model on sale has the famous little cost, on ^uch generous terms. !
PUBLIC SERVICE CO.
RIDE THE STREET CARS AND AVOID THE PARKING NUISANCE