REPORT OF
FARMERS BANK
FILED FRIDAY
(Continued From Page One)
The stocks and bonds held by the
bank includes six shares of Chim
ney Rock Mountains, Inc., valued at
$300; 185 shares of Doggett Lumber
Company stock, valued at $10,321.-
72; 30 shares of Doggett Lumber
Company stock valued at 53, 000.C0;
sixty shares of Farmers Federation
stock, valued at $3,000.00; two let
ters of credit, Carolina Mountain
Power Co., on Bank of North Ameri
ca, of Philadelphia, listed at $3,106.-
07. Other bonds, held by Rutherford
County; and Florence Mills, to secure
deposits and by Dr. T. C. Lo\ela>-e,
includes shares in Spinners Process- .
ing Company, Florence Mills, High-1
land Park Manufacturing Company,
Hines Lumber Company and Spence.
Corporation.
A total of 161 accounts show over
drafts, ranging from a few cents up
ward. A list of those accounts over
drawn SIOO or more follows:
Forest City Company, $1,089.91;
Harris Oil Company, $685.66; Har
ris Gin Company, Harris, $2,119.67
(Caroleen branch); W. E. Dye, $239-
27; J. W. Eakes, $107.12; Mrs. Min
nie Flack, $108.58; Frog Level Gin,
$982.01; G. B. Harrill, $130.97; M.
June Harrill, $133.37; Johnie King,
$122.25; S. H. Holland, $136.77
(Caroleen branch) A. C. Lovelace,
$111.89; Rebecca Perrin, $109.36;
J. M. Price, $143.65; Sterling Hosiery
Mill, $402.43; D. H. Sutton, $227.90;
T. Max Watson, $119.32.
A list of loans show a large num
ber of notes outstanding. Out of a
total of $1,341,936.54 in loains,
$494,928.27 are past due, and the
current loans amount to SB4 i,008.2..
Outstanding notes of over $5,000
follows: F. I. Barber, $8,500; M. li.
Biggs, $30,163.20; C. C. Blanton,
$5,590; Carolina Mountain Power
Co., $5,281.71, secured by guarantee
$5,000 by K. S. Tanner and others;
Seven notes of Caroleen Securities
Corporation of $6,165 each, secured
by 115 shares of Henrietta Mill
stock and 100 shares of Edna Mill
stock with notes, also two other notes
of $4,800 each, secured by J. H.
Thomas and K. S. Tanner and other
collateral. W. F. Carter, $5,266.25:
L. L. Brown and Mrs. Sarah
H. Aim, $6,700; Chimney Rock
Mountains Company, Inc., $40,235.-
37; seciired by sundry notes; Chim
ney Rock Trust Co., two notes, to
talling $15,000; Chimney Rock Realty
Co., $2,100; G. B. Dobbins, $7,372.-
60; H. B. Doggett, $5,550.70; Dog
gett & Champion, $9,466.15; Dog
gett Lumber Company, $15,000;
Doggett Lumber Co., two notes of
$5,000 each; S. E. Elmore, $31,789-
28; J. W. Eubanks $5,136.41; Forest
City Company, by M. W. Harris,
secretary, one note for $25,990 and
one note for $5,000; Forest City
Motor Company, two notes for $5,-
000; each, and one for $8,500; Ham
ilton Lumber Company, by T. F.
Oates $12,500; J. E. Grose, $8,643.-
99; W. A. Ham-ill, SB,OOO, secured
by 80 shares of Grace Mill and other
security; Harris Oil Company, one
note for $14,000; one for $9,000 and
one for $8,500; W. L. Horn, $14,00;
J. J. and W. P. Jones, $6,098.96; Y.
L. McCardwell, $14,000; J. W. Math
eny, $5,000; also one for $10,271;
Terry A. Moore, $9,900; C. C. Moore
& Co., $10,500; L. B. Morse, $38,-
557.42; T. F. Oates, $7,350; J. M.
I SPRING AND SUMMER FOOTWEAR
WOVEN TOMIA SANDALS
| SIO.OO
This beautiful model is shown in
a. JL all White Kid, and White with Green
I jaggliaji
* \ Kid. Also White Kid with Black
Order your Footwear and Hosiery by Mail from
|>i- Shoe Store- /A]
Spartanburg, S.C.
Mjttie Sue and Oscar Price $19,973,-
62; Rutherford Motor Company, $lO
- Sterling Hosiery Mills, one note
for $10,000; 105 notes of SSOO each
and 72 notes for SIOO each; Thos. j
G. Stone, $15,000; Annie B. Wells
$6,225.35; Whisnant & Lovelace,,
$5,000; R. H. M. Whitehead, $7,004.-
08; J. A. Wilkie, $6,000.
The special account of the Chim
ney Rock Trust Company listed in
clude certificates of deposit of the
Chimney Rock Trust Co., deposited
in the Farmers Bank.
"Bills Payable," which amount to
$143,841.47, are accounts due var
ious banks on collections and cleai
ed checks. Included in the list aie
the Central Hanover Bank & Trust
Co., of New York; Commercial Na
tional Bank, of High Point, Indepen
dence Trust Company, of Charlotte,
and the Pennsylvania Company o ;
Philadelphia.
"Accounts Payable" include month
ly bills for office supplies, printing,
telephone rent, and miscellaneous
items. "Preferred accounts Payable"
are salaries of clerks, tellers and cash
iers for month of January, 1900.
NOTICE OF COM
MISSIONER'S SALE
By virtue of power vested in the
undersigned Commissioner of the
Court, being thereunto licensed by
a judgment or order in the Case of
Rutherford County, a Municipal Cor
poration, vs. Cautus McDonald and
wife, Mrs. Cautus McDonald, filed in
the Clerk of the Superior Court's
office of Rutherford County, N. C.,
the said undersigned commissioner
will offer for sale to the highest
bidder for cash at the courthouse
door in Rutherford County, Ruther
fordton, N. C., at about 12 o clock,
noon.
MONDAY, MAY 26, 1930.
for the satisfaction of said judgment
and cost and the tax certificate or
certificates sued on in the above
mentioned action, the following des
cribed tract or tracts of land.
Lying and being in Cool Springs
Township, Rutherford County, North
Carolina, lying on the waters of
Floyd's Creek, containing two tracts
aggregating 24 1-2 acres, more or
(less, adjoining the lands of W. E.
I Lewis and others, and being the
home place of said Cautus McDonald
on which he now lives, and being
more particularly described in deeds
recorded in book 113 at page 335,
nd book 129 at page 531, Register
of Deeds office of Rutherford Coun
ty, and also in book A-6 of deeds
of tru%t, at page 31, Rujtherford
County Registry, to which records
reference is hereby made for more
complete and definite description of
said land.
This, the 23rd day of April, 1930.
C. O. Ridings, Commissioner,
B. T. Jones, Jr., Att'y- 29-4t
A patent medicine testimonial oc
casionally thrusts greatness upon a
small man.
A jack-knife is a dangerous thing,
but it isn't half as dangerous as a
jackpot.
Your wife, as well as your sins,
will find your out.
An idle brain is the advance a
gent of a busy tongue.
What a splendid thing it would be
if people who lost their tempers were
unable to find them again.
THE FOREST CITY COURIER, THURSDAY, APRIL 24, 1930.
NOTICE OF SALE
REAL ESTATE
By virtue of power of sale con
tained in that certain Deed of Trust,
executed on January 28, 1924, by
Addie Hamilton and wife, Alice
Hamilton, recorded in book W-14,
at page 115 of the Register of Deeds
office of Rutherford County, Nortn
Carolina, default having been made
in the payment of the indebtedness
thereby secured and the holder of
the same having demanded that same
be foreclosed according to the terms
and conditions thereof, the undei
signed trustee will offer for sale to
the highest bidder for cash at the
Courthouse door in Rutheifordton,
N. C., at public auction on
MONDAY, MAY £6, 1930.
at about the hour of 12 o clock, M.,
i'the following described real estate:,
i Lying and being in Rutheifordton ,
j Township, Rutherford County, N. C.,
| known as a part of the K. S. Tan
• ner land, deeded to Millis Hamilton j
■ and lying on the west side of the
;road known as Ledbetter Mill road ;
! >3nr the Fail ground and bounded"
as follows: Beginning on a post oak .
stump, Millis Hamilton beginning
corner and L. B. Burge's corner on 
the Ledbetter Mill road and runsj
with road about S. 74 W. 5 feet i
to a stake; thence a triangular line ;
75 feet to a stake; thence about N. j
74 E. or parallel with first line 75 |
feet thence 75 feet to the beginning •
| containing about 1-8 acre more or ;
I less. _ ;
i This, the 22nd day of April, 1930.
Charlie Culbreth. j
' 29-4t. Trustee.!
CONTEST WINNERS.
Winners in the Birtie Beauty Shop
contest last week were Mrs. C. C.
Blanton, Forest City, and Miss Wini
fred Yelton, Spindale. Miss Estelle
McSwain was last announced winner
at Forest City.
BUSINESS CHANGE.
Jones and Grant have purchased
the business of the Fletcher Auto
Service Co., on Cherry Mountain
street and are now in charge of this
new 'enterprise. They will also
specialize in washing and greasing,
the better grades of oil and battery
service. The used car business will
also be continued. Read their ad in
The Courier and give these hustling
youtig business men a call.
A halting speech may be the re
sult of a lame excuse.
Many a man who Isn't a liar
doesn't tell all the truth that he
knows.
C i
FOUND—Pair horn-rim eye glass
es. Owner can get same by calling
on Chief Price, describing property
and paying 25c for this ad. 29-lt.
FOUND—Pocketbook containing
sum of money. Owner may get same
by calling on Chief Price, describing
property and paying 25c for this
ad. 29-lt.
NOTICE—Come to M. C. Phillips
Store and Cafe for good fruits,
vegetables, candies, cigars, cigaret..
tes and all kinds of canned goods.
Will sell for cash after the first of
May. M. C. Phillips, Powell street,
City. 29-lt.
BOARDERS—Roomers and board
ers wanted. Also have rooms for
light housekeeping. Rates reasonable.
Mrs. L. B. Padgett, Broadway Inn.
29-lt,
FOR SALE—Wannamaker's cot
ton seed, 70c bushel. Made 4,008
pounds white lint cotton on 7 acres
last year. Sam M. Flack, City. 28-3t.
LOST—Pocketbook containing one
SIO.OO bill; four SI.OO bills; change;
tube lip stick; Saturday afternoon,
between 3 and 5 o'clock, between
Penders and Horns store. Finder
please return to Courier office or to
J. S. Wbmack, and receive reward
29-lt.
FOUND —Key container with four
keys, on road between Alexander
and Forest City. Container has ad of
Reid Grocery Co., Rutherfordton.
Owner may call at this office and get
same by paying 35c for this ad. 29-lt
liinMMftunnimiiiMttmn
| After-Easter Sale
Priced to Meet the Demands
$8.75
jj2 gg of Thrifty Shoppers
This Sale of Smart Frocks includes our entire stock
of the Season's Newest interpretations. Canton Crepes,
Silk Prints, Chiffons, Georgettes, Flat Crepes, Moires
and Satins—in all the season's newest colorings for
day, afternoon and evening wear.
Priced to meet the most exacting demands of
Thrifty Shoppers and values they will rejoice to find.
1 Stein's Dept. Store
| Forest City, N. C.
♦
For Forest Gity Merchants Only
Being one of a series of chats with Forest City businessmen in
which they are told how they can increase their volume of sales.
Turning S - L - 0 - W Sales
Into Quick Turnover
IN this, the last of a series of six advertisements, the basic idea ad
vanced in the preceding five is emphasized. That idea, simply,
is this:
You've got to put forth every effort to keep Forest City's folk com
ing to your stores and buying in your stores.
Advertising in your local home newspaper can help accomplish that
aim. Not only your own advertising, but the advertising of the manu
facturers whose goods you stock as well.
You cannot get the advertising support of these manufacturers
merely by wishing for it. You've got to make the manufacturers real
ize how necessary it is to you, if you are to sell their goods successfully.
\
And you can make the manufacturers realize it by selling their
salesmen who call on you in Forest City—by interesting them in For
est City as an outlet for your merchandise—by interesting them in
your local, home newspaper as the means to more sales of your mer
chandise in Forest City.
This is an opportunity, you merchants of Forest City, that you
should make the most of, one that may mean all the difference be
tween slow, infrequent sales and quick, profitable turnover.
You need the advertising aid of the manufacturers whose goods you
stock urge their salesmen to recommend your local home newspaper.
The Forest City Courier