holders Told
Thursday. March 31.1977-THE CHARLOTTE POST-Page 11
orth Carolina Mutual Assets
King Sr. Enthralls Chic
Center Audience
crease 6.5 Million Dollars
raRTH CAROLINA MU-
Tl AL Life Insurance Com-
paty’s assets increased $6.5
ipi lioo during 197$; insurance
in force figure increased by
948 imillioa; and its gain frmn
OfMraUaas (after Federal In-
001 le Taxes) amounted to $1.7
million.
Iliese wen some indica-
tkx s of the prbgress the com-
pu y made in 1976, W.J. Ken-
net y III, NCM prudent and
ddd exeeutive .(rfficer told
pol cy-holdars Wednesday at
thej ood^any’s 78th annual
meeting.
|At the end of 1976, the
ly of the country was
poping out of the deepest
NC Mutual
The NCM president cited the
success of the company’s
group reinsurance program,
which added an additional
$438 million of insurance to| the
company’s books during 1976.
He said that additional group
reinsurance contracts made in
1976, but which will not be put
in force untU this year would
amount to an additional $450
million, thus placing the com
pany’s total insurance in force
to more than $S J billion.
CMIIB0ATAU3frHlJin*CXNrilSTANTS
Pott photoffrapher
Cynthia Lynn A^cCulloiigh
Wins Senior Talent Hunt
By I>ebarah Cates
MStaffWriter
Miss Cynthia Lima McCui-
wM> pJayed the mope
sfKc^ “Valae in C Sha^
mpur” composed by Fyodene
Miss Nina Moqre, the se
cond place whmer of the se
nior dhrisioo played “Noc-
ithewinner of
division of the
Hunt program,
March S7. at
United
ai|dwrch.
**niis win eoabis her
trgval to the Oislrict
Biint Program in
Satarday, April
a wfll
PM Chapfar of
aejeordtog M a nwkeeman
tiame” composed by Edward
Grief, and Tony ^rown third
place winner ptamd “Juba
Dance’’ eompoaed by R. Na-
thanielDett.
Oarail R. Brvfo was the
winnar'of the Junto dhrisioo
with bio solo perfpnnaace of
‘Trehide in G qknor’’ com
posed, by Sergei Rachmani
noff.
Second and thinj place win
ners lOas Leah Kendrick and
Miss Marguerite Gilmore
played selecUoas “Ava-
landte’’ minpnarid by Stqihen
Helto and •Wxailgbt sona
ta’.’ (mmpased by 1.. Van Bee
thoven, respectively.
Other participaots in the
Hunt were Gerald Dan Lenoir,
Shana Ervin, Viv^ Cherry,
and Katrina Pahner. The a-
wards were presented by the
Basileos of Pi Phi Chapter,
O’Dd Robinson, And Storting
P. Woodard, Talen
Chairman.
• Each of the 1
tants received a
parOcipatioo, wit
second and third
ners of both the
senior divisioosi
ques.
The Omega
idea was created
temity’s Sixth:
and South
having the first]
Hantpwgrami
m easaion since World War II,
alt iMUgh problems of inflatioo
an 1 unemployment have not
ben solv^ satisfactorily,’’
Ktnnedy told the policy-
hoders.
‘Energy proUems damp
en xl the robust recovery anti-
eqatad by many during the
lal ter part of 1976 and present
red problems for the new
na I admlBistration. In
qi te of these drcinnstances,
NORTH CAROLINA MU-
Tl 'AL has continued to make
prigreas ig all areas of its
op nOons during 1976,’’ he
“NCM will then become the
nation’s first predominantly
Mack-managed Hfe insurance
company to exceed the $3
billion mark,’’ Kennedy said.
Insurance in force Is one of the
means by which an insurance
company is measured on an
industry-wide basis.
At the end of 1976, NCM had
assets of $152.2 million, com
pared to $145.6 million at the
end of 1975; {Mwmlum inejome
was $44.4 millioo, compared to
$41.3 millioo dui^ 1975; in
surance in force was $2,742
billioa, compared to $1,296
billioo at the end of l975;jand
the surplus at the end of the
year was $18.9 milBtxi, or] 12.2
percent of the ooingBay's I
assets.
In addition, Kennedy said
(he company during 1976, paid
more than $25 million to po
licyholders and their benefi-
ciarim, bringing the total cash
payments since thii com
pany’s organization to $289.5
million.
Kennedy told the j policy
holders that the company's
new planning system; deve
loped with the guidance of
McKinsey ft Company, the
management consultiiM firm,
should result in the
controlled growth in 
pany’s history. The;
company is now
under plans deve
each hopie office
unit.
Continued from Page 3
approximately 1500 people
with a few persons from out of
town."
A special feature at the Tea
was the Birth Month Club's
displays of their seasonal ta
bles, with foods for all sea
sons. Mrs. Clasta McCullough,
who chaired the table depict
ing the month of August was
first place winner. Miss Cher
yl Banks who represented the
young people's table won se
cond place, and Mrs. Annette
Gary's May table won third
place. The judging for the
seasonal tables was based on
originality, design, and bow
well the table kept in tune wiUi
the theme of the Tea. ~
Pc Charlotte Pott
Your Best Source Of News
1
About The People You Know.
Qean YourCa^
Windowgliuidj^
Do you, frequently
clean
your car windows bn the in
side? Maiv drivers, neglect
this. For example, aomeone is
amnking in your car, have you
noticed how a film coats your
windows and obscures your
vision?
Citizens Safety Association
suggest'you keep window
cleaner and towelsbandy.
WANT TO SAVE
MONEY?
Shop FfM* Fumiture At
McDonald^ furntture hut
In The University Park Shining Center
Roatt
2127 Beatties Ford Road - PhtMie 392-4657
rj rr u
“•r- '
ir
Rofaols Rtf lace Peopl^
ByOcOkAilbol*
1980 the BcO
1 aatkipatas ttoins^-
of a ntw compuar
soatrol electronk switchfig
sgigin, to aotoaaatically fn-
to bioiog Mfteaatioa. Cou-
pM with rftoote tsiwphqne
troak arraagameots for adto-
mgtod loaf distance coin
pkoiiaa, it wiB leckKC the Dsad
iof 43^ operators, at a net
company. saving of
tmilMoo.
) is a mechanical robot,
of moving its artns
iajlhrea dlreetlooa; fightaning
a perew; and general assepn-
bljr line work. The coat is
$26,000. It comes to work on
tiaiie and takas no coffee
break.
A cooiputerned self ticket-
‘iag robot machine has been
ht ailed in major airports. It
tickets
after credit card insertion;
and obeys instradtiaas either
typed by the traveler on the
machine’s video screen, or by
telepboaic request, l^ets
are processed ia about 60
normal holiday leay
The United Steel W
for this
Guama teed Job
In Japan, an employee once
hired is guaranteed a life time
job. Similar empfoyment pro
tection is assu^ New York
and New Jersey longshore
men. Tbmr union contract
guarantees compenaatioo for
2,080 hours of work per year,
until reaching retirement age.
The Ford automobile labor
contract of 1976 introduced the
four day work week. The
United Automobile Workers
three year'contract provides
12 paid days off ia aeWtion to
Workers
will propose for Ithis years
contract a life tinie employ
ment guarantee at full pay.
Unemployment Coat
The right to work can no
longer remain subject to cor
porate or governmental ca
priciousness. Much of the
cause of the fiscal crisis facing
federal, state, and city bud
gets is the high coat of sustain
ing the unemployment
through welfare program
funding or unemployment be
nefits.
World War II was the first
time our nation achieved full
employment. The automated
industrial plant of tomorrow
will have people jobs being
performed by machines or
computers.
A Women s Sandal Wedge Has Woven
knotted Vamp and Plantation Crepe
Sole. Reg. $9.97. Save $3,07
B. Women s Roped Wedge with Mesh
Uppers. Jute Trim and Crepe Sole
Reg $13.97. Save $4.20
C. Macrame Bags. Reg $6 97 $5.22
• Mom! Take the Kids to Register for
the FREE Giant 6 Ft. Easter Bunnyl
PrioM Good IhfU Saturday * Open Evenings * MasterCharge or BankAmericard
5348 Independence Blvd
5933 South Blvd.
4525 North Try on St
1403 Central Ave.
3340 Wilkinson Blvd.
3121 Freedom Drive
Get to know us; you’ll like us.®-
AND ••ACNtl" AM MOttTMf ) TNAOtNANA, Of fMAlC*. INC.
■ U‘
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Is explained. /
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is simply the
iatey, author
tneslogical search
“Does Busing Work?” Busing tor integration
has thrown the concept of duality education for
blacks and whites out of focus. Ifow do yxj evaluate
its worth and effectiveness?
“The New Pow(
Black Vbt0”Jii
is the first Presidi
gone into the
on the coattails
black vote. As
will any bfack^ain
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power? Who/Will
the Mack ccy^unity be
rewarded for its support?
The
ly Carter
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te House
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“Black vs. Blacki the Dilemma of
Black Collejoe S”Ah examination and analysis of
the case ofAndrews vs. Maohews or the NAACP
Legal Defense Fund vs Black College Presidents
over desegregation.
“The Great Ladies” a
historical and personal analysis
of the lives Qf three great female
singers (Billid Holiday. Josephine
Baker and Lena Horne),
reenacted musically by Carol
Cass, a female singer and
impressionist
“Benign Negiect” Discussion
centers on how "benign neglect”
as a social policy in uiron areas has
caught up with whites and how the
black family managed to resist
the pressures of slavery and racism,
contrary to Moynihan's thesis.
“Paul Robeson:Walking
in the Sunlight or
Shuffling inDerkness?"
An intimate and unique view of
a great man misunderstood and
abused during his lifetime
“Vyiar in Africa?” Southern
Africa-what's happened? Why?
What does the future hold? Will the
struggle for majority rule lead to war?
"The New Warrior: Can
Benjamin Hooks Save the
NAACP?” Is the NAACP out of
touch with blacks? Can it survive? Is
the civil-rights movement dead?
“Language in Black
and White” How attitudes,
norjverbal behavior and
racial prejudices affect
corpmunications. inter
personal and interracial
between blacks and whites
Linguistics experts will
visually document a
study prepared for
the U S. Army on
this subject
“Colored Giris or Black
Women?” This week centers on
man/woman relations and the negative ’
image of black men as seen in the
controversial Broadway hit For
Colored Girls Who Have Considered
Suicide..." The dynamics-
sociolog Iceland economic-of
this baste question which affects
all black men and women is
explored.
“What Happened to
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The history of the 60 s, its
leadership and dynamics,
and an analysis of a changed
Amefica and the evolving
attitude of whites towards
blacks and blocks towards
themselves
"Carter’s First 90
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and evaluation of President
Jimmy Carter's first ninety
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on black Americans
“What is a Black
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become a black leader?
Who picks them What do
they do”^ V\^o are they
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