Eyour rut advirtirino midia in TM« LUCRATIVI RLACK MARK IT (‘Onmumity CAU ________ » _ larch 28, 1985 — "i mm——■—m _i_ *’*3 ' ’_ Price: 40 fpnts a ji&raxai * Community Loaders Striving To Provide Bust Health Caro a a * * ■' : *'‘ *mV .> ‘ What Makes A Good Leader? s' i" Story On Page 13A M^Hender*ori^^J Shanese McCain .Nine-Year-Old doll Shanese McCain Knows Of l-jbmtining f fWith “Brains” $ . . By Jalyae Strong g-V Foot 8Uff writer - At only nine years of age, Shanese McCain already knows how important it is for a young lady to combine beauty with brains. As aatoa* can see. ahe a gorgeous. She Bey she. r ; -V ' '-ip \ M • rul*. the mm who know* what he i* talking about hoo llttlo toaay. r^, ■ a We to drive the car, Shanese is not worried about such technicalities. MH1 let my Mommy drive It until I turn 16,” she reasons. Her mother, Denise McCain, is her favorite person. Shanese admits, "She’s there when I need her." Caprice Byrd is her' best friend. “Her mother and my mother are beat friends, so we get to spend a lot of time together,” she explains. Other special people in her book are her grandparents, Mr. Frank and Mrs. Edith Hampton and Mr. David and Mrs. Marie Grier. Shanese's teacher, Ms. Norwood, rates high with her also. Says Shanese, “She makes us laugh. When she talks, she rhymes." See SHANESE On Page 4A es New Milestone With Dismissal Of Bankruptcy Case By Jalyne Strong Post Staff Writer "The Court's dismissal reaf firms my belief that the Charlotte community will support a commun ity-oriented newspaper such ag The Post,” asserts publisher Bill John son. He refers to the March 35, IMS dismissal of a Chapter XI Bank ruptcy case the newspaper com pany filed in September, 1975. Since Monday the 25th, media reports have given the particulars concerning The Charlotte Post's proud exit from Bankruptcy Court after six and one half years. The occurrence signifies that the news paper is now solvent enough to handle its financial responsibilities without legal protection. “The Post has reached a new milestone,” Johnson expressed. Back in September of 1978, four years after Johnson took ownership of the newspaper, due to working capital difficulties and on the ad vice of attorney D. Q. Martin, The Charlotte Post filed under Chapter XI erf the United^ State* Bgnkrupf 170,000. The bankruptcy action pro tected the newspaper company and alloted it needed time to work out payment arrangements with credi tors. It was at this point that Johnson and Martin, attorney with The Post since 1973, formed a stronger al liance. Their purpose to establish the newspaper on a sound financial base. Martin remember that in 1978, “I did believe in the newspaper. I saw the support in the community and knew Bill Johnson was so tenacious that he would never give up.” Today Martin tells, "I’m very proud to be associated with one of the few successful Chapter XI cases.” He also discloses that U.S. Bank ruptcy Court Judge Marvin Wooten was instrumental in the advanta geous outcome of the action. "Judge Wooten deserves a lot of credit,” Martin admits. “He did everything he could within the framework of the law to keep the Post going." “The reason we did the things we did was because of the efforts The Post made on its own to get its financial house in order,” claims Judge Wooten. He says, "It was the law, the owner of the newspaper, Attorney D. G. Martin <r) congratulates publisher Bill Johnson (c) inside the Federal District Court in Charlotte, shortly after The Charlotte Post newspaper was officially dismissed from Chapter XI bankruptcy Law. U.S. Bankruptcy Judge Marvin Wooten (I) looks on. (Photo By Bernard Reeves) ana me attorney which insured the continuation of this important in stitution of the community.” About the Chapter XI Bankrupt cy proceedings, Judge Wooten ex plains, "When properly instituted and used, it serves as a significant benefit to correct and rectify fi nancial problems. It allows suffi cient breathing time to continue a viable operation. ” In the case of The Charlotte Post, the action was suc cessful and Wooten mentions, "It benefits all concerned, the creditors, owners and the general public.” Johnson purchased The Charlotte Post in 1974 from then owner Gar land Atkins. After paying the ask ing price of $50,000 with a govern ment guaranteed loan, Johnson found that he was left with insu fficient working capital and mount ing bills by 1978. Since filing for protection from the Courts, he concentrated on increas ing advertising sales and revenue, collecting on past due accounts and efficient management. Johnson maintains, “I view my responsi bility, as publisher of The Post, is to develop a community-oriented weekly newspaper that will re present this community with dignity and professionalism.” Garland Atkins, previous owner of The Post, who states he’s kept up with the paper over the years, has noticed its improvements. Currently publisher with the Herald Publish ing Company in Kings Mountain, Garland says, “It’s a good paper and Bill Johnson has done a real good job. He should be well respected in the community. “He has taken the paper and proved it,” Garland continues, admitting, "It’s a lot bigger than when we owned i* ” Congressman Alex McMillan Presents Copy Of Congressional Record ToTeamer Lninng the 60th anniversary Jmms Tmmt wMi a ecpy Wtto’CsafrassIcMi Bwor* t Om Nlatii District, Hmm «f Rcprcscat toward* educational excellence fw ike nee* u^1>m _ , ■■euaauni ,w •*« P1*1 •• V®**!. (Photo By Poolor'i Portrait Studio) ann Knnwje<U|e. a special anointing has been placed upon the school and the church, The Cosmopolitan Com munity Chtrch, postered by Rov. T earner A special service in honor of 6r. Tawner was held with guest speak er Dr. Virginia Witherspoon Gerald, Christian Minister* Director of Morgans During the program and procla mation, honor was also given to Dr Teamer't wife, Jtdia Teener, who has been a faithful companion throughout the years. The former Julia Ann McKaight la also vice prasklaat of the Teamer Religious . and Education Enterprises, lac." News of The Post’s dismissal from Bankruptcy Court is a meaningful occurrence, according to Wes Co rothers, commercial loan officer of NCNB. In 1978, Corothers, working with D. G. Martin, became re sponsible for arranging a repayment schedule with The Post's creditors. “The dismissal is significant be cause we need good black business es in the Charlotte area,” he states.. “The Charlotte Post pro vides a needed service and pro vides that service well ” When the question of the viability of the newspaper arose in 1978, Corothers remembers, "We were cautious, understandably. But Bill Johnson was sure that the idea would work and his determination, with D.G.’s wise consul, were the main reasons for the successful outcome of the action "The plan worked," Corothers notes, "and it insures that The Charlotte Post will maintain con tinuity, stability and longevity in meeting the needs of the black community." With Johnson's perseverance and the assistance of other significant persons, nevertheless, the success ful outcome of this chapter in the continuance of The Charlotte Post is greatly owed to the black com munity It serves Unanimously all interviewed were greatly appreciative of Charlotte's black populace who have supported the “Voice of the Black Com munity" faithfully over the year*. Beginning with Johnson, who stated, "The Post has come a long way since 1974 because of the commit ment of dedicated employees and the enthusiastic support of this community, both the reading public and the local businesses.” Martin adds, "The dismissal sig nals that The Charlotte Post has support from the community and gets strength from Its readers and advertisers." Garland, presently running seven weeklies in Cleveland County, rentes, "I think that Charlotte!* Mack community is growing rapidfy and strong economically so the newspaper has a good future As for the future, firms, “The further agrees, es he ee*i Post as "a weakly growing influence state of North "WeVe been

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view