The People of Brunswick County Will Vote For And Support
.... because he is the best qualified man >for the office, and because of his many ser
vices to Brunswick County. The following are two notable services he rendered Brunswick
County: ^
1. Charles M. Johnson was Director of the Local
Government Commission when Brunswick County
was in default and could not pay either the principal
or interest on its bonds. The bond holders threaten
ed to put the County in receivership, levy high taxes
to pay the bond principal and interest, and sell the
people's property and land if the taxes were not
paid. This was during the depression when the peo
ple did not have the money to pay with. The County
debt was $2,500,000.00, and the rate of interest on
the County's bonds was from 5'/z percent to 6 per
cent. Interest alone was costing the County $140,
000.00 per year. Charlie Johnson stepped in and
refused to let the bond holders put the County in re
ceivership, and forced them to re-finance the Coun
ty's bonds. The old bonds were taken up and new
bonds were issued, giving the County a longer time
in which to pay them and at a lower rate of interest.
The new interest rate was 2 percent to 2x/i percent.
THIS HAS SAVED BRUNSWICK COUNTY
AN AVERAGE OF $80,000.00 PER YEAR in in
terest alone. The debt has been, reduced to $1,743,
000.00. Brunswick County is now paying its prin
cipal and interest promptly when it falls due. The
manner in which Charlie Johnson has handled the
finances of Brunswick County has SAVED THE
TAX PAYERS OF BRUNSWICK COUNTY
MORE THAN $1,000,000.00.
2. About 1933, Brunswick County recovered a judg
ment against a bonding Company for $55,000.00.
The bonding Company gave the County a check for
this amount, and the check was put in the North
Carolina Bank & Trust Company for collection.
Before the money could be collected and withdrawn
the Bank failed and the County could not get its
money. The County officials asked Charlie Johnson
to help them get this money. The Bank wanted to
treat this money as a common deposit. If this hacL !
been done, the County would have received about
$5,000.00. Charlie Johnson arranged for a suit
against the Bank in a neutral County?(Onslow)?
where the case could be tried at once. The Bank ob
jected to this, but Charlie Johnson arranged for the
v' '? r . ? ?
trial in spite of objection. The case was tried and
the Court declared that the money was a trust fund
and the Bank would have to pay it all to the County.
Charlie Johnson's duties did not require him to do
this, but just the same HE SAVED BRUNSWICK
COUNTY $50,000.00.
Charlie Johnson was bom and reared on a farm in Pender County, in Southeastern North Carolina*
Pender County adjoins Brunswick County. This part of North Carolina has not had a Governor in 48 years. -
Charlie Johnson s opponent is from the West. If the East does not elect a Governor /his timV, it will probably
be unable to do so again. Naturally Charlie Johnson loves and wants to help his own section of the State. He
knows the people and their needs. He was reared on a farm. He had to work his way up. He has plowed and
hoed like other farm boys. He felt the hot sun on his back in Summer and the pinch of the cold in the Winter.
He is a poor man. He has to work for a living. He is honest and morally sound. He understands North
Carolina Government better than any man in the State. 77 percent of the members of the General Assembly
are for Charlie Johnson. T his will enable him to work with the General Assembly for the good of the State
much better than his opponent.
You will be Proud You Helped Elect Chas. M. Johnson
Governor of North Carolina
(Political Advertisement Paid for by friend? and supporter? of Cha?. M. Johnson)