V
^3
* *
.-♦I
^WFann Loan P(Jky
Offers services
'1
HMlcett.llMeretaiT-
.ot tbe Moi^vian N»-
F»m Loan A«k>claUoB,
word today from Wm.
QoTernor of the P^m
Administration, Washlng-
rD. C.. that Federal Und
pk loans and land' banic' com-
^Mioner’s loans will be made
J the tutnre thronKh the Fed-
land bank in bonds of the
ederal Farm Mortgage Corpor-
lion, which bonds are guaran-
'.teed by the United States Qov-
ernment both as to principal and
interest, which will be at the
ante of S 1-4 per cent per an-
nnm for the bonds to be issued
St this time. These bonds will
take the vlace of the cash distri-
bStion in the dMbursement of the
unclosed loans previously ap
proved by the Federal land
banks.
The bonds of the Fhderal Farm
Mortgage Corporation, according
to the statetCent by Governor
Myers, wlU have behind them
not only the unconditional guar
antee of the Federal Government
as to both principal and inter
est, and the capital of the Ped-
' er^l Farm Mortgage Corpor
ation amounting to about $200,-
000,000, but also the consolidat
ed bonds of the Federal land
banks Issued in exchange for the
bonds of the Federal Farm
Mortgage Corporation and the
mortgages accepted by the land
bank commissioner as security
for loans.
Governor Myers assured Sec
retary Hackett that the Federal
Farm Mortgage Corporation
bonds will be an attractive in
vestment. "They will be as read
ily marketable as bonds of the
United States Government and
they will be quoted in all of the
principal markets,” he continued.
"Holders who hrfve to dispose of
these bonds should not sell them
without first ascertaining their
real market value.”
The Governor particularly
stressed the fact that country
bankers probably will be large
investors in these securities since
the creditors of farmers who are
being refinanced may not all be
In the position where they can
hold the bonds so acquired and
•will find it necessary to sell
them. Secretary Hackett states
that these bonds, which will be
tendered to farmers' creditors in
payment of the refinanced in
debtedness.. are "exempt from all
Federal, State, municipal and lo
cal taxation, except surtaxes and
estate, inheritance and gift tax
es. They are lawful security for
fifteen-day borrowings by mem
ber banks of the Federal Reserve
system. They are also lawful in
vestments for all $rust. public
and fiduciary funds of which the
deposit or Investment is under
the authority or control of the
Government. The payments of
the interest on these bonds and
the repayment of their principal
are guaranteed by the United
Staten,, which means that if the
federal Farm Mortgage Corpor
ation nhonld ever be unable to
meet the paymenta on the bonds,
the Treasury will assume such
payments.
'These bonds will be issued in
denominations of $100, $B00.
and $1,000. However, amounts
less than $100 will be disbursed
in cash. For example, a loan of
$065 would be made in a $500
bond, four $100 bonds and the
rest in cash. In addition, to pro
vide for certain debts, such as
taxes which cannot be paid in
bonds, cash covering tbe requir
ed amounts will be provided.
"Loans which have been ap
plied for and approved, but on
which the cash has not been paid
out, as well as those approved
by the bank In the future, will
be financed on the above basis.
This arrangement in no way dis
turbs or alters the other provis
ions of the loans. The interest
rate on new loans will continue
to be 4 1-2 per cent for the
emergency period when made
through a national farm loan as
sociation and 5 per cent when
made directly by the bank.’’
the
this
Ivey Moore, who is one of
best amateur magicians in
section. Is offering his services
free to any school which Is in
terested In adding books to its
library. Mr. Moore is a member
of the North Wllkesboro Lions
Club and will donate his time
this work as a club activity.
to
WOMAN DIES BY
HER OWN HAND
Taylorsville, March 26.—Mrs.
Lelda Christopher Payne, 62, wi
dow of Julius Payne, well-known
resident of Alexander county
committed suicide Sunday morn
ing by hanging herself at her
home four miles south of Tay
lorsville.
She had been in ill health for
sometime. County officials found
an inquest unnecessary.
Funeral services were held at i
Liberty .Methodist church Mon
day afternoon, conducted by Rev.
Isaac Watts and Rev. J. G. Wink
ler. Interment was at Church
cemetery.
Surviving relatives are a son,
Woodrow Payne, who lives with
his mother; four step-children.
Mrs. Dora .Matlock, .Mrs. Neaton
Martin .■Mexander Payne of Alex
ander county, Robert Payne of
Chicago; a sister and brother,
■Mrs. -Artie Bumgarner and John
T. Christopher of Stoney Point,
her step-mother, Mrs. Hosea
Christopher, of Kannapolis.
Offers Services
To Help Schools
Will Donate Time As An Ac
tivity For North Wilkes-
boro Lions Club
Alleged “Big Shot”
Arrested In Raleigh
Raleigh. March 26.—John .M.
Jones, said by police to be one
of the “big shots” in Raleigh
bootlegging, today fell into the
police dragnet which has been
set lor whisky and vice violators.
Caught with Jones was an alleg
ed lieutenant, Bert Young.
Called upon to make bail.
Jones immediately produced five
$100 bills and gained the release
of both himself and Young.
T. McL. Carr, Camden county
agent, e.xpects to finish straight
ening out his cotton contracts
this week and will then launch
the corn-hog sign-up drive.
See the Difference!
There’S NO question about seeing the difference
PURINA STARTENA makes in chicks at six weeks.
They weigh more. They are better feathered. They
have stretch and frame. They are sturdy and lively.
It’sthis difference that STARTENA makes m chicks at
six weeks that has brought the reputafiou to S'TAR-
TENA as being America’s best for starting chicks.
Ivey Moore, of this city, an
outstanding amateur magician,
is making an unusual offer to the
schools of Wilkes county. As a
member of the North Wilkesboro
Lions Club, progressive local civ
ic organization, which is interest
ed in helping the schools secure
larger and better libraries, Mr.
Moore is offering to donate bis
time to put on an entertainment
program to raise funds for this
purpose.
Mr. .Moore will make his first
appearance a t Traphill high
school Saturday evening. April 7,
at 7:30 o’clock. He will give an
hour and thirty minute program,
demonstrating the art of card
manipulation, tricks of magic
and escapes. He will be ably as
sisted by Ernest Carmichael,
talented radio artist, who plays
both Spanish and Hlwaian gui
tars. Mr. Carmichael is also do
nating his time to this worthy
enterprise. Proceeds from this
performance will be used to add
books to the Traphill library.
Those who have seen the local
magician are liberal in their
praise of his ability as an enter
tainer.
-Any sclicol desiring Mr. Moore
for an engagement is requested
to get in touch with him at an
early dale.
True ,
In Shelby Shoofui)!
Sentell
; tag Woman By Firing into
Group Of Oirb
^Shelby, March true
bill of murder in the fleet degree
WM brought in by a Cleveland,
county grand lury here thie aft
ernoon against Louis Sentell, of
Saluda. Shelby mill worker,
charged with ahooting the girl
known as Florence Jones, later
revealed as a married woman.
March term of criminal court
opened this morning under
Judge John M. Oglesby, of Con
cord.' with L. 8. Spurting as
prosecutor. The docket is crowd-l
ed’ with old and new cMea, but
the Sentell trial, which promiaes^
to be one of the most sensation-’
al In years, overshadows all otb-
ers.
The shooting occurred Febru
ary 17, when, according to wit
nesses who testified at the pre
liminary hearing. Sentell fired a
double-barreled shotgun twice
into a group of four girts, fatal
ly wounding Florence Jones and
slightly wounding Emily Drak'e.^
The girls, all employees of the
Byrum hosiery mill here, were
returning to their boarding house
at noontime when Sentell, a
weaver at the same mill, passed
them in his car. He offered Flor
ence a ride, which she scornful
ly refused, the girls said. Infur
iated, he is said to have seized
a shotgun and fired point-blank.
The girls fled screamlng-dk /ward
the hoarding house of Mrs. Joe
Williams.
A second shot felled Florence
Jones at the threshold, and Sen
tell was standing over her about
to strike her with the empty gun,
the witnesses said, when Mrs.
Williams leaped from the porch
and struggled with him. Sentell
fled toward Asheville, but was
captured in a few hours by Sher
iff Cline and Chief of Polce Wil
kins.
As the victim lay dying in
the Shelby hospital. William
Drake, of jgj^uda. appeared to
claim her as nis wife. They had
been married three years, he
said, and separated only because
it was necessary for them both
to work. Florence then assumed
her maiden name.
Resolutions of Respect
The Board of Stewards of
North Wilkesboro M. E. Church.
South — record with profound
sorrow the passing, on February
23rd, 1934, of our brother and
co-worker W. -A. Sydnor.
Ill addition to the personal
and collective expressions of
condolence, and to the end that
the records of this Board may
bear permanent testimony of onr
sympathy for Mrs. Sydnor and
family, in their recent bereave
ment, we desire to note that
through devotion to the church
and untiring effort to advance
the spiritual and by his ever
faithful presence and Intense de
sire to minister to humanity,
brother Sydnor enjoyed the love
of the entire membership of our
church as well as the community
at large.
We loved him while he lived,
now that he is dead may we
cherish his memory.
We feel the deep sorrow that
has invaded the home and our
hearts go out to the bereaved
family in deepest sympathy and
love.Feeling our inability to
convey the comfort so necessary
in a time of such bereavement,
we coi lend Mrs. Sydnor and
family to the tender mercies of
our loving Father, who through
all afflictions continues to bless,
and we pray that day by day they
may be conscious of His care for
them and His power to comfort
and keep them.
"Somewhere the sun is shining.
Somewhere the song birds dwell.
Hush then thy sad repining,
God lives and all is well.”
As a further expression of our
esteem and regret we ask that a
copy of this brief, but sincere
testimonial, be placed in the
hands of Mrs. Sydnor, with our
tenderest sympathy, a copy be
given to the local newspapers,
and be spread upon the perma
nent pages of our record.
GENIO CARDWELL,
A. S. CASSEL,.
W. R. ABSHER,
Committee.
TSm g$kt ^
4^ll0h Is IssslNStv • • tfm
MILEAGE CONTEff
ofoar COODYCAlf^ It
GREATER!
WE MAY not lee cle«r^
TdmtlGfflCdntbjrftlowir
gold content In our IfSi
dofi«r»-Bttt why worry*
TrfiGn these doUiua h^y
n«w l934GoodyMnwitih
ahIgh«nnileagecontieiitl
.. .Tluit*tthene6rt,ahovt
our lateet Goodyear* now
inttodt... .They contain
more miles, more safety,
more endurance — yet
th^’re still priced low
In dollars despite ih-
creased costs of nihher.
cotton, factory wages...
Let us show you our 1934'
Une-up and tell you why
we think it’s wise to buy
right now.
• Thu Ua’t oor.lowest-
prl^ dr* but iUo eu; bis-
iMt sdter. U yott’n fcnpini
yoorenr, buy the AU-Wenther.
nii4 enjoy tho onvint* of
totfay** low price* for the
moet monthe and tallcc to
ctHue.
- GUARANTBED
GOODYEAR
ALL-WEATHER
Supertwist Cord Tires
Still priced aa low as
$7.40
For 19 years now, the world’s
•tandard of tirexiuallty.
coooFyear
Priew lublMi to change without notice and to any State eale* tax
C. & C. SERVICE STATION
CARL F. COLVARD, Manager
“D” Street North Wilkesboro, N. (
Good Used Tires $1 up Washing, Polishing, Greasing
HOW ABOUT A
Good Wash and
Grease Job?
Spring’s here and it’s time
not only to make the car
run good, but look good as
well.
We have experienced wash
boys. A trial will con
vince you!
WASH AND GREASE
JOB COMPLETE
$1.50
OF-I
^ FOR SALE BY
L E. ELLER PRODUCE COMPANY
One of the SonthTs Largest Produce Houses
Marriage License
Marriage licenses were issued
this week to the following cou
ples: Paul Clark and Bertha
Wood, both of North Wllkes-
NORTH WILKESBOSO, borty Otis ^Couch ^and;^la
both of ftlkin. '
DRIVE « AND GET A 'TAMt FUU OF milNE AT ONE £F
baUiM“TwatftlT«itfc8tiit,Jia4.C«n.rof “A” aA Taitt Str«fa. U«
Motor Oil and s*«Tor yourself how much more infleage you get for|your money.