CONDENSED
STATEMENT
FIRST
NATIONAL
BANK
OF SHELBY, N. C.
AT THE CLOSE OF BUSINESS,
MARCH 27, 1930.
RESOURCES FIVE MILLION
DOLLARS
—RESOURCES—
Loans and Discounts $3,444,117.20
Overdrafts 5,417 86
U. S. Bonds to Secure Circulation 250,000.00
U. S. Liberty Bonds 171,926.20
Other Stocks and Bonds 102,000.00
Redemption Fund 12,500.00
Real Estate Owned 111,267.50
Cash on Hand and Due from other Banks 833,683.81
TOTAL $4,930,912.57
—LIABILITIES
CAPITAL $ 250,000.00
SURPLUS 500,000.00
Undivided Profits 79,907.58
Accrued Interest Reserved 44,962.12
Reserved for Taxes 25,000.00
Circulation 250,000 00
Deposits 3,781,042.87
\
TOTAL $4,930,912.57
The many friends and customers of the
First National will be pleased with the
above report as it is one of the best we
have ever published and reflects SAFE
TY, SECURITY, CONSERVATIVE
MANAGEMENT AND SERVICE.
You will notice from the above state
ment that we do not owe any borrowed
money; that our Surplus account has been
raised to half a million dollars, which is
now twice the size of our Capital Stock
and makes greater protection to. deposit
ors. Our Capital, Surplus and Undivided
Profits are now over Eight Hundred
Thousand Dollars. Our Reserves are
more than required and Total Resources
are near Five Million Dollars.
FIRST
NATIONAL
BANK
OF SHELBY.
"THE BANK OF PERSONAL
SERVICE."
—OFFICERS and DIRECTORS—
CHAS. C. BLANTON, JNO. F. SCHENCK, SR.,
President. Vice-President
GEO. BLANTON - R R SISK
Vice-President Awf Cashier
FORREST ESKRIDGE, C S MULL
Cashier. Asst Cashier
—DIRECTORS—
JNO H FVH^ t ° n ' clyde r - HOEY,
A C MIUW M ° MAX GARDNER,
.is" i S PAUL WEBB,
L A CFTTVS GEORGE BLANTON,
r- J " F " ROBERTS,
FORREST ESKRIDGE.
UME IFOKEST dTY COURIER, THURSDAY, APRIL M, !«•-
' OAK GROVE NEWS !l
Forest City, R-2, Apr. 7—Rev. [j
D. J. Hunt filled his regular appoint- j g
ment at Adaville Sunday.
Mr. H. L. Moore has been real g
sick with pneumonia but is improv- jj
! C
ing. % J:
Miss Virginia Mcßrayer went to C
! the Rutherford hospital last week to j,
; enter training. • C
Miss Ella Tfrout, of Spindale, E
► spent several days last week with E
[ Mrs. Mattie Daniel. * [i
• Mr. Graham McCurry and Miss, E
► Annie Bell Collins surprised their jj
! friends last week by getting married j,
|! in Spartanburg. E
► j Mrs. G. M. Huntley and Mrs. ' E
► ! Spurgeon Moss visited Mrs. Fred Mc- j E
\ ' Donalu one evening last week.
>! ! E
► ! REPORT OF THE CONDITION OF j E
► • The Industrial Loan and Investment; j
; i Bank, at Forest City, N. C.
►I in the State of North Carolina, at j jj
► ; the close of business, March 2 i, 1939 j
I! RESOURCES c
Loans and Discounts
(net) __ —5292,541.13 , I
| Banking Houses, Furni- ! [
ture and Fixtures |ir
I $2,490.04 2,490.04 jfc
jCash in vault and net a- j g
mounts due from banks • E
i bankers, and Trust j E
j icompanies 33,150.51 .jj
'Cash Items held over
j 24 hours 3 .6.65 j E
•i i jj
:] TOTAL --$328,558.33 ||j
LIABILITIES
Capital Stock paid in—s 91,100.00 j'E
; Surplus Fund 12,500.00;
' Undivided profits, less ' £
| j current expenses and j C
•j taxes paid 5,421.79 J E
! Bills Payable - 32,915.09 |
' Investment Certificates, J (
Installment Payments, j E
Hypothecated - 41,447.41 J .
' j Investment Certificates, j [
Installment Payments, j {
•j Unhypothecated 35,680.08 j I
.'lnvestment Certificates j g
[ \ Fully Paid 109,139.7 It [
! Reserve for depreciation 354.31 i I
i i [
, TOTAL $328,558.33! £
j State of North Carolina, County of j [
j Rutherford, April 7, 1930. J i
i I, G. B. Harrill, Cashier of the a- |
j bove named Bank, do solemnly swear [
'that the above statement is true to E
! the best of my knowledge and be- ®
j lief.
G. B. HARRILL,
j Cashier.
Subscribed and sworn to before
j me, this Bth day of April 1930.
W. L. BROWN,
Notary Public.
! My commission expires Mar. 23,
j 1931.
i Correct Attest:
R. L. REINHARDT, ,
J. W. SMITH.
Directors, j
Every home should have a
POTTED LILY
For Easter
We have a splendid selection
of Easter Potted Plants and
an unusually large variety of
Fresh Cut Flowers
at surprisingly low prices.
Come in and see our attrac
tive display of Easter Flowers.
Also beautiful corsages for
Easter. Place your order now.
Wakefield's Flower
Shop
Phone 103.
Near P. O. Forest City, N. C.
jacks .Qreat Easter Sale
Now Going On
Never before has Smiling Jack, the County's Friend, had such
a wonderful stock of fresh merchandise direct from New York!
New goods arriving daily. Dresses that are dreams of delight!
And you'll find your dollar will buy more at Jack's!
Jack Buys a Bargain for you
100 MEN'S SAMPLE SUITS
Values to $25.00
$8.95
Did Jack Buy Hats?
Yes Plenty of Spring Hats
SPECIAL
300 Hats-Values to 52.95 now
99 c
SPECIAL
200 Hats-Values to 53.95 now
$1.49
SPECIAL
300 Hats-Values to 55.95 now
Jack Buys a Bargain in
100 SILK DRESSES
Values to $12.50
$1.95
Jack's Leader Store
See circulars for items and prices Forest City, N. C.
» §
azfzrararaiaiarajarEJErajErzfZJHrai^^
CONDENSED STATEMENT OF
UNION TRUST CO.
SHELBY, N. C.
Including Branch Offices at Rutherfordton, Forest City, Caro
leen, Lattimore, Lawndale and Fallston, at the Close of Business
March 27, 1930.
RESOURCES OVER ONE MILLION SEVEN HUNDRED AND
FIFTY THOUSAND DOLLARS
RESOURCES - LIABILITIES
Loans and Discounts „__„51,237,260.00 CAPITAL $ 150 000 GO
Overdrafts 676.73 OTTDm T ro \
U. S Liberty Bonds ' 30,000.00 oLRPLUS 150,000.0"
Other Bonds &, Stocks 7,771.88 Undivided Profits 17,398.6!
Real Estate Owned 33,302.88 4. T . , ,
Banking Houses 31.988.5 C TpreciaUon 3 fi.fi.fi-
Furniture and Fixtures 24,674.19 . 60,606. 0t
Cash on Hand and Due DEPOSITS 1,414,581.30
From Other Banks 431,942.04
TOTAL $1,797,616.37 TOTAL $1,797,616.37
THE CUSTOMERS AND FRIENDS OF THE
UNION TRUST CO.
✓
Will be pleased with the above report, which reflects growth
and encouraging progress. On the basis of the Strength and
Growth of this Bank we solicit your business. We are naturally
pleased with this statement as it is the best we have ever publish-
I * x.
W ' X;; *
UNION TRUST CO.
SHELBY - LATTIMORE - LAWNDALE-FALLSTON-RUTH
ERFORDTON - FOREST CITY CAROLEEN
BANKING - INSURANCE - TRUSTS
"IN UNION THERE IS STRENGTH"
" TIME TO GET YOUR
EASTER FROCK
And Jac|c Got Some Wonder
ful Bargains in New York
THEY ARE HERE NOW!
You Must See Them to Know
How Lovely They Are
$5.95 ,0 $9.95
100 LADIES' SPRING COATS
All Latest Styles. Values to
$12.50
$3.95
1,000 Dozen
MEN'S SILK SOCKS
Values $3.00 Dozen
49 q DOZEN
While They Last