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■T n BUSHED SEPTEMBER 19, 1878.
■gTfliffi bumrANl
I COMES TO SILER CITY
HB 1
■ r-P-if Hanking Institution Buys
Bj lC
I Loan & Trust Co. of Siler
HH t
I t • a..-meats County’s Bank Re-
BourffS.
■ - -.V IN SILER CITY.'
K ! _ and
B|f . Speak.
B ‘ Nie Citizens Bank
M v ~ Company of Slier
■ j-ffi Page Trust Com-;
■ '._*.lecn, one of the
i nancial institutions
B was announced on
Hk _N x,slowing the annual
H 7. g of the stockholders of
iohacr institution. The bank
■ v will be operated as a
Bowk oi the Tage Company. |
■ Gwatly increased banking re-
Burces for the people of Siler
■ty and the surrounding sec- 1
B*ns of Chatham county will be
Bovidod under the absorption
■ the smaller institution by the
B?;e Trust Company, which al*
Kdy operates branches in six
■vns, in addition to the main
Bnk at Aberdeen. The branch of
Bo Citizens Bank & Trust Com-
Biy at Gulf also is included in
ft merger.
Blw taking over of the lot-as insti-;
Bon lly the Pave Trust Company,
Kieli lias a capitalization ami sur-
H ■ f 3'0.900. and total resources !
$5,000,000, has been brought
M largely by Siler City’s wxpan
'Wfeylo-ng commercial and industrial
Mf;according to officers of the Cit-
B Bank. The city and the county
iHer tie new merger will uave at:
■r disposal both increased facil
iß, and greater banking resources 1
jupon for improvements that
f I to t ie prosperity of the commu
■here will be no change in the staff
■lie Siler City institution, even
High it has closed its independent
Her and become a branch of the
■ institution. The same officers and
■ wil lremain in the bank, while;
I local business men and others
B have; served on the Board of Di
■ors will continue to exercise su-
Kision over the affairs of the bank
■he role of a board of Managers, I
Hdheriiig to the policy of commu
™tservlce laid down when the bank
Hsfe , gainized ' in March, 1912, the
Bank and Trust Company has
an .important part in cooperat-!
I with jdients in the expansion of
■y enterprises of this section. The
■rienced man at the head of the
K some time ago realized that
■ greater banking resources could
■niployed to the advantage of the
■ffiumhy, and the negotiations look-
Htoward the merger with the Page
W Company were the result. 1
Bri branches at Hamlet, Raeford,
■ erun > Carthage, Sanford, and
■'asvnle, the Page Trust Company
■riabdshed a wide reputation for
■|£th and progressiveness. At the
■ tbrif;, it has gained a distinction
■ to tlie fact that in the fullest
■ ri the word, the branches are
■ ' lo: ' ne banks” for the commu-
I* ftivy serve. The extension of
Policy to Siler City and to Gulf
r by the retention of
at the head of the banks.
Ih- Seawell, cashier of the local
or man y years, will remain as
ar ;'i active head, with the
( in a supervisory
tf\ on tact with the business,
[ an d farming enterprises of
' unty has given Mr. Sea-
Vr ! “ comprehensive idea of
rf°t this part of the state
[ ■ u y of banking service, and
I ■ -.perienced, sympathetic co-
I • the part of the bank in
I J sclopments. \
I f^ ea has r-een
I whether the bank will re-
L v quarters. It is
likely, however;
fdt a s^ ort fi me a change will
,mce it was intimated Tuesr
fc ose concerned in the
It t a new banking home if
E t Tnoßt cotw«. n ipnr quarters
I * n vV[ h be provided.
r ilt horr of the bank,
which it has occupied since 1907, nat
urally does not contain all the mod
em refinements and conveniences for
comfort that some of the newer
banks in various parts of the coun
try do. It is, however, comfortable.
Stock of approximately 175 individ
uals figured in the sale yesterday, and
the details of this part of the trans
action are being completed as rapid
ly as possible.
“By merging the Citizens Bank and |
Trust Company with the Page Trust |
' Company, which has a splendid rep- |
utation extending far beyond the lim- j
its of this state, we feel that we have j
which wall b< n fit i a- :
terially the people of Siler City and i
the potion ol C atham county which,
the Citizen Bank serves,” said Air.!
Seaweil in discussing the taking over
the bank at. the close of Tuesday’s
meeting.
“It is a move which will be valu
able now—and one that will prove
even more valuable in the years |
ahead.
“Siler City is growing—ln t been
coining along fast in both an Indus-1
trial and a commercial way recently.
The Citizens Bank was founded on
the policy of working with the peo
ple, and helping the community to pro
i gress. But the capital was limited; it
was far under the capital and re
sources of the Page Trust Company.
A1 lthe funds we had kept constant
ly at work for the benefit of Siler
City—but we finally decided that
there was room to use even more
than we could command.
“It was then that we decided a
consolidation with the Page Trust
Company wiuld bring greater banking
resources and better facilities to this
community. With that in mind, the
merger was projected.
“There will be no change in policy.
The same men wil lremain at the
head of the bank, and the same staff
will continue to serve our clients.
This branch of the Page Company j
will be Siler City’s home bank just
as truly as it was before—with the
only difference the fact that back of |
it will be greatly increased resources.
“At Gulf the same policy will con- 1
tinue. Mr. D. E. Murchison wall re- j
main in charge, and we are sure that
the comunity to wall benefit from the
change.
• “The reputation and the progres
j siveness of the Citizens Bank will be
increased under the new ownership
while in strength the Page Trust
Company ranks among the leaders in
the state.
j “All in all, we are elated at the
prospects for the future —visioning
continuation erf Siler City’s growth
with the bank taking a leading part
in helping it along.’*
| The directors of the Citizens Bank
and Trust Compnay were the follow
ing: Dr. J. D. Edwards, C. B. Fitts,
C. L. Brower, Jas. A. Ellis, J. G.
Clark, J. M. Mclver, Jr., Jas .M. Jor
; dan, M. J. Jordan, J. S. Wrenn, W.
S. Durham, A. N. Lindley, S. S. Ed
wards, R. F. Paschal, J. Q. Seaweil, C.
P. Fox.
The taking over of the local in
stitution by the larger* bank promises
to be one of the outstanding events
of the year, since it marks the entry
into Chatham county of one of the
' greatest financial houses of the state.
Both Chatham county and Siler City
are gainers also on the tax books,
since the Page Trust Co. will pay
local and county taxes on its capital
in the proportion that the local de
posits bear to its total capital or as
sessed value. Chatham county and
Siler City are to be congratulated on
this forward-moving step.
Big Day at Siler C3ty*
The day was a big one in the annals
of Siler City. From every direction
had come the stockholders of the Cit
izens Bank and Trust Co. There were
actually 175 of them, but only 140
answered to the roll call.
The management of the bank had:
secured the services of the Ladies’ I
Aid Society of the Siler City Baptist!
church to prepare a dinner, and after j
the stockholders • had met and 'eon- j
firmed the transaction with the Page j
Trust Co., they and quite a'number;
of invited guests assembled; in the}
hall over the bakery, where several
score plates were loaded with real;
dinners, which Were followed 1 by ice •
cream and cake and capped off with!
cigars. . - <•!
Unfortunately, Mr. Robt. N. Page,
who was the honor guest of the occa
sion, was late in arriving. The din
ner was eaten before he ©atn.e, and a
number of talks, more or less perti
nent to the occasion, were made ov
guests called out bv Mr. S
The speakers expressed pie-isure
f
PITTSBORO, N. C., CHATHAM COUNTY, THURSDAY, JANUARY 15, 1925.
COURT PROCEEDINGS.
Many Cases Disposed of—Mur
der Trial on Today—Will
Bass Released.
Court convened Monday morning
for the trial of criminal cases, with
Judge Bond presiding and Solicitor
Williams prosecuting.
Judge Bond looks well and vigor
ous and is expediting business.
The grand jury is composed of the
i following good citizens: W. H. Had
! ley, Headen Dark, John Womble, J.
B. Mills, Do Witt Roberts, Weldon
| Merritt, Waller Hor tea, John Mill
; Grady Norwood, V/averly Lassiter,
| J. N. Hackney, E. R. B. Lambe, Joe
! Gunter, J. S: Richardson, Geo. W.
; Brewer, John Williams, N. H. Woody,
and L. Goodwin.
The following cases had been uis
posed of at noon Wednesday.
Eddie Alston, having liquor, sub
! mits, taxed with costs.
Bill Jordan, prayer for judgment
continued till May term with order!
that costs be paid by that time.
Troy Richardson, liquor, nol pros
with leave.
L. M. Petty, making liquor, nol
pros with leave, not captured.
Charley Purvis, liquor ,nol pros
with leave.
J. A. Lanier, liquor, nol pros •
J. T. Sander, liquor, nol pros.
W. T. Roberts, forgery, nol pros.
Eum Grimes, forgery, nol pros.
Walter Clegg, transporting liquor,
submits, $25. and costs.
H. H. Gordon ,forgery ,nol pros.
Henry Potts, c. c. w., submits; SSO
and costs.
Winfield Thomas, c. c. w., submits;
SSO and costs.
Paul C. Tally, having whiskey, sub
mits;; $25 and costs.
Dink Marsh, transporting liquor;
submits; $25 and costs.
Tom Scurlock, transporting
submits; $25 and costs. 4
G. L .Savage, reckless driving, slo'.
and costs.
R. B. Fearington relieved of fur
ther responsibility as bondsmen for
Dee Fearrington.
Dewey Budd, liquor, submits; not
yet sentenced.
Loomis Johnson, murder, not guilty.
Second trial. Convicted at first, but
new trial granted by supreme court.
Ben McDaniel, liquor, $25 and
costs.
Clinton Riddle, liquor, SIOO and
costs, Being ex-soldier probably kept
Riddle from roads.
Ben Thomas ,liquor and c. c. w.,
$75 and costs.
Margaret Goldston, having dring of
liquor, costs.
Claud Thompson, liquor, $lO and
costs.
Jim Cotten, driving while drunk,
SSO and costs.
Jim Cotten, liquor, not guilty.
Oliver Marsh and Cora Bailey, f.
and a., Marsh to roads 4 months, and
prayer for judgment continued as to
Cora Bailey.
John Farrish, breaking into gin, 6
months on road.
Ed Thomas, possession of liquor,
submits; SIOO and costs .
Rencher Campbell, liquor, SIOO and
costs, ex-soldier record, lightened
penalty.
A special venire of fifty were sum
moned Wednesday for the trial of Ju
lius Andrews, a Hadley township ne
gro, for the murder of his wife. The;
case is set for today.
Will Bass, placed in jail two weeks
a<ge on suspicion of killing Ellis
Marsh of Bear Creek township, who
disappeared three years ago, was re
leased on habeas corpus proceedings
broguht by Walter Siler
-—— m 9 m ■
Big Values at Woody Bros.
It is a pleasure to call attention
to the big values being ofro.eu by
the good firm of Woody Bros., Siler
i City, in their After Inventor.' Sale..'
| See advertisement.
'at the coming of the Page Tr r. Com’
pany into the town and county! and
I were very complimentary t Ir ffi
! Q. Seaweil, who is credited v/ t . hav
ing put the Loan and Tnir o;
its feet when its‘fortunes h%d been
ebbing. . ..
The editor of The Record w; ;
I guest and can truthfully say it was
|an exrpdingly pleasant occ/' ( T °
people of Siler City are most genial
and congenial, and a spirit of good
will seemed t© dominate.
In addition to Mr. R. N. Page, Vice-
President Niciicia.m, of the
Tv „v.!. Juries, c&- * >v *
of the Sanford branch, were prese-.v.
CAROLINA NEWS.
Cumnock, Rt. 1, Jan. 12.—The ra
dio is becoming a very popular means ]
of entertainment in Carolina Commu
nity. Two homes have radios installed
now, those being Mr. J. P. Sharpe,
and Mr. E. C. Hart. It is a real treat
to the people of the community to be i
able to hear musical numbers, lec
tures on various subjects, speeches!
and sermon-4 in the various cities;
having broadcasting stations.
Mr C. G. Sharpe has been sick with
grippe but has improved sufficiently i
to be back at:his store.
h • al o had an
attack of p. Ippil
Llr. J; i ijgiy of Pit' boro and Mr.
M’liter Jchn&on and Miss Margaret.
ir Asi ury, vh it€ d Miss
Nellie Stinson at the home of Mr. A.:
F. Gunter Friday evening.
The honor roll of Carolina school.
foe* December was as follows:
First grade*—Elizabeth Burke, Al
len Mart.
Second graae-r-Annie Rogers.
Third gTade—-Mildred Hart, Loomis ;
Burne.
I p.
Fifth grade—Buie Mclver, Ray- ;
mond Elkins.
Sixth grade—Vallie Dixon, Margu
erite Oldham, Mattie Poe, Wilson
Burke, Allen Mclver, Karen Rives,
Edna Dowdy, Leslie Mclver, Elvin
Elkins.
Eighth grade—Geanie 01dha,m An
nie Mae Dixon.
The average daily attendance for
the month was 46.
OUR BEAITcREEK LETTER.
Bear Creek, Jan. 12.—G. W. Burke,
while hauling logs last week, had the .
misfortune to turn over the log cart.
He sustained a broken wrist, but is I
improving nicely.
C .G. Sharpe was on the sick list
last week but has improved.
Mrs. Georgia Blair visited her aunt,
frs. J. R. Burns, of Cumnock, Rt. 1,
t ’J. Wesley Oldham has moved from
Goldston, Rt. 1, to F. W. Burns’ place
near H .C. Watkin’s. We gladly wel
come Mr. Oldham.
Mrs. Ruffin Holt has taken a turn
for the worse and he end seems very
near. The following visited her last
week: C. W. Holt, wife and children,
Alma, Jack and Mack, of Kemers
ville; A .P. Holt of Salisbury; Mrs. J.
M. Yarborough Jonesboro;; Mrs. W.
. Williamson and son, Wilbur, of
Sanford; Mr. and Mrs. I. M. Gilmore
Pittsboro, Rt. 3.
Mr. Editor, you made some mis
takes in my evolution piece last week.
I said “the same writer (Moses)
wrote both the account of creation
and the comandment about the Sab- (
bath.” You had it “some writer,”
which, I trink, destroyed my point.
Second, you had “shone” in the fol
lowing sentence, when it should have
been “shave.”
“We should make our theories con
form to the Bible rather than shave
the Bible down to fit our theories.”
PHIL.
WALTER "d.‘ SILER LED.
Mr. Walter D. Siler went to Ral
eigh Monday to the meeting of the
Presidental Electors at the call of
Governor Morrson.
The official vote for Presidential;
Electors for North Carolina, as re-j
cently announced from the Governor's;
office, discloses the fact John W. j
! Davis carried the state by a major- j
I ity of more than ninety two thousand
j votes, and that Mr. Walter D. Siler j
; of Pittsboro received the highest vote!
of any of the Democratic candidates
for Elector, the number received by
each of the Democratic Electors being
as follows:
Walter D. Siler, 284,270.
D. F. Giles, 284,098.
H. R. Leary, 284,095.
J. H. Matthews, 283,951.
W. A. Brown, 283,785.
Thos. W. Ruffin, 284,076.
F. W. Hancock, Jr., 284,097.
Murchison Walker, 284,092.
K. R. Hoyle, 283,771.
J. M. Boyette, 283,773.
Geo. W. Wilson, 283,776.
C. C. Buchanan, 283,702.
Mr. Siler was appointed to carry
. i North Carolina vote to Washing
ton , and left directly for the capital
city.
Would Build Huge Hospital at Oteen. |
Washing" v ' Jan. - •).—Construction
of a permanent fire- proof hoSpitif
for veterans ! ur< n paiifents on aj
1 "act owned by the Federal govern-,
ment at Oto n. N/.-C ac a cost of j
sl,so»Jf>r.o > **’.•- rid intro-1
ducee vVea- j
V©r # XVr..- Vnr;.
SEC. HUGHES RESIGNS.
Several Changes in President
Coolidge’s Official Family.
Without warning to the public Sec
retary of State Hughes resigned a,
few days ago and almost instantly
Frank B. Kellogg, at present ambas
sador to Great Britain, was named
as his successor. That meant a va
cancy in the ambassadorship and it
is said that ambassador Houghton at
Berlin is likely to succeed Kellogg,!
and then the German ambassadcrslmp
will be open. The sooner the president
fills a vacancy with a senat i d “hi a 1
duck”, the sooner tuis official game
of “puss wants a corner” will be end
i ctl
! But a similiar rigamarole is going
on as a result of the retirement of j
Justice McKenna, Attorney-General j
Stone was appointed to the vacant
j position on the supreme bench, and 1
now Charles Warren ,of Michigan,
formerly minister to Mexico and Ja
pan, is to succeed Stone .
It is thought that Justice Holmes
i will also retire from the supreme
; court, while there may be other va
cancies in the cabinet at the begin
ning of the new term.
1 | B
PROSPEROUS YEAR FOR
BANK F PITTSBORO.
The annual stockholders meeting of
the Bank of Pittsboro, held the other
day, resulted in the reelection of all
the former directors and officers. The
bank has had a prosperous year under
its capable management as was evi
denced in a substantial way by the
payment of a semi-anual dividend of
i five per cent. Mr. A. H. London is
president, Mr. J .L. Griffin, cashier,
I W. L. Farrell, assistant cashier, and
! Thos. Morgan, bookkeeper. The direc
tors are as follows: J. B. Atwater, E.
R. Hinton, B. M. Poe, W. M. Eubanks,
R. J. Johnson, C. D. Moore, Dan L.
( Bell, W. H. Ferguson, L. N. Womble,
| Wade Barber, M. T. Williams, A. H.
London, W. L. London, W. L. Farrell,
Jas. L. Griffin.
This is the oldest bank ‘in the
county, having been organized in 1901.;
The report in another column shows
deposits of $223,238.95, of which
about SBO,OOO are time deposits.
RE-ELECTS NEW OFFICERS.
The stockholders of the Farmers
Bank met January 3 and reelected the
former board of directors in full as
follows: A. M. Riddle, T. M. Bland,
W. F. Bland, C. C. Hall, W. W.
Langley, J. M. Garner, J. B. Fearring
ton, B. A. Perry, R. C. Griffin, T. L.
Burns, and A. B. Roberson. T. M.
Bland, who has successfully served
as president since the organization of
the bank in 1919, was unanimously
reelected, as were A. C. Ray, vice
president, V. R. Johnson, cashier and
E. E. Williams, assistant casheir.
The profits were left with the bank,
no dividend being declared, but the
item of undivided profits in the state
ment on another page indicates a
good year.
CAN A FORD*OJMB A TREE?
It has been said that a Ford car
will carry you anywhere you want
i to go and bring you back. Mr. Buck
i Campbell had some experience last
; week that is out of the unusual. While
| on his way home or somewhere else
I his tin Lizzie became unmanageable
■ and started up a high embankment.
The car went up all right without do-
I ing any damage, but when it reached
the top of the bank the Ford started
for a tree, but Mr. Campbell turned
the car and it struck a stump and
turned over. He was not hurt but the
top of the car was badly broken.
DECEMBEiTmINuTeS OF THE
DAUGHTERS OF CONFEDERACY
Contributed.
The regular December meeting of
the Winnie Davis Chapter U. D. C. j
was held with Mrs. Harry Jordan,
i The minutes were read--and ap
proved. The treasurer’s report was
mad*. Lists of sweets which were
sent t© the Old Ladies’ Home and Old
Soldiers* Home reported. There
were no reports from Credential nor
badge committees.
: An interesting letter was read ask
j ing our local chapter to endorse the
name Winnie Davis to be placed on
the. RqH of Honor in the Acropolis at.
i Washington. Motion was made un
imously favoring this. Motion was
! made and carried that we send cards
Ito ft nch Confederate Soldier and
1 sw-ets thus* very sick or feeble.
1 A apeoial relief committee was appoint-
ed composed of Mrs. W. D .Siler,
chairman, Mesdames A. H. London,
i W. M .Eubanks, Harry Jordan, R. A.
Glenn, Lee Farrell, Chas. Neal and
Miss Evelyn Alston. Folowing sug
gestion of Mrs. J. R. Milliken, ’twas
decided that each daughter send
Christmas card to Mrs. Rom Eu
banks.
Note was read from Mr. M. T. Wil
liams and family, expresing their ap
preciation of flowers sent recently.
Mrs. B. M. Poe told us in a very
interesting manner'-about her visit to
Stone Mountain.
To ere bf-ing no further business,
motion for adjournment was made.
The hostess assisted by Miss Ilattie
i Alston, served delicious sandwiches,
coffee, salted nuts and stuffed dates.
1 Some Vital Statistics.
Mrs. R. H. Hayes, recorder of vital
statistics for Center township and the
town of Pittsboro furnishes the Rec
i ord with the fololwing facts:
I Births fin Pittsboro in 1924, 21.
Births in Pittsboro in 1923, 24
Deaths in Pittsboro in 1924, 21.
Deaths in Pittsboro in 1923, 17.
Os the births in 1924, 10 were white
and 11 colored.
Births in Center township in 1924,
66. Deaths in Center township in
1924, 37.
Births in Center township in 1923,
52. Deaths in Center township in
1923, 41.
Os the 1924 births in Center town
ship 25 were white and 41 colored.
The foregoing indicates that th®
colored population is more prolific
than the whites.
Party to be Held at White Crc?s>
The teacher at White Cross School
asks us to state that th ~ will be a
party at that school on > o evening
of Januarv 17th from 7 to o’clock,
to which the public is invit^
Games will be played amv, /arious
contests held , among which will be a
“spelling contest” between the spell-
I ers of the old Webster blue back
speller days and the younger set.
String music will be furnished to
add to the enjoyment of the occasion.
An admission fee of only ten cents
will be charged.
The public is invited to be present.
Passes Through With Bride.
J Old friends of Mr. L. L. Lea, a
native of Chatham, will be interested
> | to know that he has taken unto him
< self a wife. Mr. Lea passed through
! Pittsboro Monday with his bride of
j three days on their way to Florida.
Mr. Lea has lived at Lovingston,
1 Va., the last twenty-five years. He
’ and his brother, W. B. Lea, are mer
chants and orchardists. They have
3500 apple trees.
The bride was Miss Reba Fitzpat
rick, daughter of Judge Thos. P. Fitz
patrick, of Arrington, Va.
Off They Went.
The Record frequently calls atten
tion to your label, and last week
called particular attention to the fact
that those subscribers marked “Dee.
24” would get that paper only unless
they renewed. Now many are labeled
“Jan. 25.” Let them renew befoiH
Feb. 1, please, or they will go ofl.
Take advantage of the big premium
offer and get the paper practically
free. The premium is worth close t®
if not quite, the $2.00 you have t®
pay for the paper a year and tb®
premium.
CHATHAM GET?BIG SHARE.
Chatham has probably more that®
its share of jobs in the Legislature.
Besides Representative Wade Barber
Pittsboro has three drawing pay. They
are Mr. J. D. Griffin, C. S. C. veteran,
Willie Morgan and Lee Powell, th®
last two named serving as pages. In
addition, Mr. R. G. Perry, of Had
| ley township, is senate librarian. M*.
! Perry had to be home this week as a
! witness in the murder case from his
community.
Lee-Jackson Celebration.
There will be a celebration at tH® .
Pittsboro school next Monday at 2:3#..
p. m., of the birthdays es Robert B»
Lee and “Stonewall” Jacksen. Mr. L
L. Griffin will speak on Lee, and Sup®.*
Thompson on Jackson. A program fa*
eluding music, will be rendered by tn®
schooL Everybody is invited.
After this program there will be M*
Important meeting es the Daughteii
of the Confederacy.
Several Pittsboroians attended th®
inauguration yesterday.
NUMBER 32.