PAGE FOUR
fttfn f
PpK Kites
< TVr** oea *""* W** •**>
knock Saturday afternoon, when
ft will ha taken hme to wiatn
nnUl the hour of the funeral
ff MANY FRUNDS HERE
Slit;. Mk visited in Dunn on sev
glß' ttooasiOPg and had many trtonds
ffjtaprtn Raynor, manager of the
g|£Mrß Store In Dunn, largest in
SScpett County, recalled today that
Mwmaw Mr. Beik just a few weeks
ftMTand that he was still energetic
800 sjS-y at the age of 89.
£ -JO CLOSE SATURDAY
F. The Dunn -stare wSI be closed
ill day Saturday in respect to Mr.
Relk osmd several from here are
skpecflNT to attend the funeral
T)Hg»e«ial prayer service in mem
in of Mr. Beik was held for fac
£& members and students of
Ef Spleens College at 9:30 this morn-
Jfag in BsOk tJhsjiel on the campus.
jLWhen Mr. Be Ik was Just a young
jfoy, he know tie wanted to be a
Merchant and in the years of his
HetirM'V became one of the lead
ffr Jt£ Ms field.
’ Guided by his genius as a mer
chant, the Dstk Bros. Co., which
figHfißth a small store in Mon
g(| ,R\ MM, has grown until it now
Haa- 306 stows scattered all over
fttc South.
«tr. J&elk was born in the Wax
w ’ section of Lancaster county
June 3, M 62, the son of
Washington Beik and
HaJkup Beik. When he
ns old, his father was
a group of maruding
Idlers under General
the Union general was
his invasion Os the
three sons, the oldest
M, the second one two
ad the third an infant, 1
aced the task of rear
nily in the harrowing
construction.
: the war was over, in
rried John R. Simpson,
enry Beik was 11 years
oily moved to Monroe,
very hard in the South
ys and Mr. Beik never
lessons he learned as
Me mother struggled
aer children. There was
-■gc«'ia..,,---’ --.- ce--.- iv-v-t . _ ’
Ept 'l'i " ' .. 4 -
I With regret
\ .
wv twi^u
the death
* » V *
of our president
W. M. BELK
in rewpert
BCUCS
in Dunn
will be
H mm mm 1
' K»n ' V**Jl
MIES JOHNSON HONORED Miss Pat Johnson was (he honoree Mil Scßghtfal,shower ghwh in
her honor by Mrs. Charles Smith and Mrs. R. R. Raynor. Showßin Hie above picture at the party are
Mias Emma Lou Summerlin, Mrs. E. B. Johnson, Miss Linda Brin, Miss Patsy iCromartie, Mrs, MI
M. Brannon, Mrs. Charles Smith, Miss. Pat Snipes, Miss Emf Frauds Altman and Miss Fannie Sae .
Tnrnage. wi .L '} [
' _ -4—... ~*>
! no money to send them to college
1 but Henry Beik always knew he
! wanted to be a merchant and when
i be was 14 years old he went into
: the dry good business as a clerk
I for B. D. Heath. His salary was
i fS a month but it helped a lot and
when the young man was 25 years
; old he had become so valuable to
i Mr. Heath that he was his head
, 1 man, confidential clerk, and buyer.
• He was making S4O a month by
; that time.
MADE BIG DECISION
A year later, he made the impor
tant decision to go into business
1 for himself. Although he had been
helping his brother, John, to pay
■ his way in medical school, he had
' saved $750 in cash. He asked Mr.
; Heath to lend him SSOO but he de
clined and Mr. Beik had to make
other arrangements. He borrowed
the SSOO at 10 per cent interest,
rented a store at $25 a month, and
on May 29, .1888, the Beik Dry
Goods Co. was in business, selling
merchandise for cash and advertis
ing a slogan which was to become
famous, “Belk's Sells For Less.”
In seven months, the store paid all
of its expenses, paid the SSOO loan,
and made dear profits es $3,300.
With such a growing business,
Mr. Beik realized that he needed
help. His brother, John, had com
pleted his medical training and was
practicing his profession on Mo
ven. He went down to see the
young doctor and persuaded him
that he should go into the mer
chandising business. He gave his
younger brother a half-interest in
the business and, so, in 1891, Beik
Brothers was formed in Monroe.
Until John Beik died in 1928, the
TOPAILY RECORD, DPNN, R a
' ‘9 ■ .... ■ ’ ■ 1
~ brothers worked together closely,
’ not only in their business but also
> in religious activities in which both
; ware deeply interested.
>A well-known philanthropist, Beik
; founded the John M. Beik Memorial
Fund which helped establish 335
Presbyterian churches and manses.
' Other philanthropies included the
program at Montreat, the Presby
• tfgian Colony, the seven-story build
-1 ing for the Presbyterian Hospital
here, the Presbyterian Junior Col
-1 fcge at Maxton and a large number
■ of schools and colleges for which
' he was trustee.
1 His plan was to furnish the
brick for a church or a manse
1 and this would usually stimulate
1 the people in the church commu
: nity to give generously toward
• erecting the buildings they needed.
' He and his associates donated the
. Belles Chanel at Queens College here
, Be Iks Chapel at Queens college nere
and in 1922, Beik and his brother,
WShR/ wfent to China to establish
the Sarah Walkup Memorial Hos
pital at Taichow in honor of his
mother. He also financed the build
ing of the W. H. Beik Hall dormi
tory at Davidson College.
Beik was tagged with the title
•Merchant Prince of the South”
from the title of his biography,
written by Legette Blythe iff -Char
lotte.
fa- Ifeel
(Ceotuned Am Page EM
actually have received only $1,250
each on the “lOU’s”. Part of this
amount, he said, was paid before
they received the "IOCS” and after
the RFC loan was made.
Redden said the firm’s applies -
■ *»on for the RFC loan lists him and
dts brother as lawyers for the firm
because Playford, company presi
dent, was roeoHUng the fact that
the Reddens were employed by
playford on a general retaining
Redden s&id the yT\pitai retainer
was $1,500. But he said Playford,
although recording this on the
RFC lean application, did not act
ually pay the retainer that year,
UN. He said Playford etui awes
him and his "brother that SI,BOO.
,i;
I ‘ YT? T 1
I has gained
Slilp 22
I \{^7 ,oQ ys
IIH9IBHSIK
Uawinrt^ 14 ’
■9 JLuMChiutt Co
mommmammmmmrnimm i ■. i i—— i ' H ——— mmmmmOmmtmmmmmm a—mas mmm —
I Congratulations
I To The . ‘ i
I LOCAL
I WINNERS
n
I IN THE
DUNN MAN WINS NATIONAL CROSLEY CONTEST Marvin
Godwin, left, manager of the appliance department at Johnson
Cotton Company, Is shown here as he congratulated W. C. Altman
of Dunn, Route 2 for his winning entry in Uroaley’s nation-wide JpM m »
"American Way" contest. Mr. Altman was advised that he was g J
the dinner of SSO cash, one of many national prises, given BgM M
for his entry on “What the American Way of Liie Means To Me.” W M M
Many gitisens throughopt this section entered the cons test. (Daily WW p
Record photo by Bill Biggs).
(hnsudean - Waif
QotdtfLii ’
\ [ . '•
We Os Johnson Cotton Co. Are Indeed “Proud Os You
AI SB
W« hope that we may again ,
make you the 'lucky ones”
fey serving you and all our T 4 ■
good customers in the same
dependable way in which we
have in the past. ftBA J,
CONGRATULATIONS,
and we are looking forward v-ryiV .Cy'V
to serving you soon - - - -
The Management and
MHM
nil- ~ltj •* • t
... _ r _ . . ■_
w BROAD ST JUJMM Id f
I I
FRIDAY AFTERNOON, FEBRUARY 22, 1952