WEDNESDAY MAR. 20, 1929-
LOCAL NEWS ITEMS
Miss Luna Taylor, who is
teaching in the Madison school,
is ill with mumps.
Prof, and Mrs. O. M. Brown
and small daughter, Jean, spent
the week-end in \N inston-Sa
lem with Mrs. Brown's parents.
Misses Frances Humphreys,
Miriam Hall and Ola Campbell
returned Sunday from a visit
to Miss Nancy Leo Dunlap at
the Stokes Hotel, Walnut Cove.
Mr. and Mrs. Herbert Crist
and children, Frances, Margaret
and Han Kin and Miss Kather
ine Crist, of Winston-Salem,
spent the week end with M l '.
and Mrs. M. O. Jones.
Miss Nell Joyce and Mrs.
Robt. Joyce, of \\ inston-Salem,
spent the week-end In re v: A• •
relatives.
Harvey Neal. of Meadow,
left Monday for Charlotte
where he will take a course in
mechanics at the Chevrolet
shops.
Rev. John D. Smith, minister
of the Presbyterian church at
Pilot Mt., and a former citizen
of this county, was a visitor
here Saturday.
Mrs. X. A. Martin has been
visiting her sister. Mrs. J. C.
Dodson. in Winston-Salem, this
•week.
Miss Mat tie Sue Taylor re
turned yesterday from visiting
her brother. Dr. Spottswood
Taylor, in Baltimore.
Dr. J. \V. Neal has recently
been ill at his home in Walnut
Cove with influenza.
Mrs. James Flinchum, of
Piedmont Springs, who recent
ly underwent an operation in a
Winston-Salem hospital, is re-
SEE THE BEST STOCK OF
Good Used Car
IN THIS SECTION.
Two 1928 Model A Ford Coupes.
One 1928 Model A Ford Touring-
One 1928 Chevrolet Coach.
One 1927 Buick Coach.
Two 1927 Ford Tourings.
One 1927 Ford Runabout.
One 1925 Ford Coupe
Two 1925 Ford Runabouts.
Several Plug Cars at $25.00.
WALNUT COVE MOTOR COMPANY,
Walnut Cove, N. C.
Headquarters for Better Used Cars
at the right price.
Terms to responsible parties-
RECEJVERS OF TOBACCO CO-OP
SUBSIDIARY TO PAY ITS CLAIMS
All Creditors Except the Tri-State Association Will Receive
100 Per Cent Dividend With Interest and $130,000 Will Still
Remain To Be Allocated By Court.
ported to be not doing well at
this time.
Forces of the State highway
commission have started the
work of fencing the highway
between Danbury and Walnut
Cove.
Pyrtle Motor Co.
Moves Down Town
The Pyrtle Motor Co., of
Danbury, has removed from
the building of J. R. l.eake in
the west end of town to the
brick garage formerly occupied
by the Danbury Motor Co. in
extreme southern part of town.
Tin* Danbury Motor Co. has re
moved to the garage formerly
occupied by J. H. Flinchum.
Obedient Servants
Class Meets
Walnut Cove, Mch. 18.—Miss
Ruth Mitchell was hostess to
the Obedient Servants' Class of
the Walnut Cove Baptist church
Friday evening at her home
with ten members present and
two visitors.
The president Miss Mitchell,
presided over the meeting and
conducted the devotionals.
During the business session
the reports of var° "is officers
were heard and approved. The
class decided to pet up a cam-
paign to bring new members to
the class. Following the busi
| ness meeting a delightful social
hour was enjoyed. The hostess
served delicious refreshments
assisted by Mrs. J. L. Mitchell
and Mrs. Dan Heath.
THE PANBURY REPORTER
Greensboro, March 20.
Marking the first large sum of
money, actually made available
to the farmers associated with
the Tri-State Tobacco Growers
Co-operative association and
with its susidiary concern, the
Central Carolina Warehousing
corporation. Judge E. Yates
Webb, sitting in chambers has
authorized S. E. Coltrane and
A. H. l'owell, receivers of the
latter corporation. to pay all
claims except that of the parent
association in full with inter
est. The order was liled yester
day with 11. L. Dlaylock, clerk
of federal court.
In addition to the claims of
the creditors and the preferred
creditors who are to be paid in
full with accrued interest and
dividends, the warehousing
corporation will have aroun 1
$130,000 left, which will prob
ably be turned over to the re
ceivers of the co-operative as
sociation for distribution
among its members. What will
9P 2-27-29
''' '&»
S^^yy
"its the Cha
Have you tried the new improved "Standard"' Gasoline?
If not, in fairness to yourself you should. Especially if you
are looking for new records in all 'round motor efficiency.
This super-performance fuel is making friends by the thou
sands. Everywhere there is a warm chorus of praise front
both motorists and dealers who are passing on the informa
tion that "it's the Champion/'
1 eat it for yourself. It has everything you want: start and
acceleration like a wild colt on the getaway and pickup;
power—the uncomplaining swift power of unleashed light
ning. No M talking hack" on the hills. No carbon. And it
burns clean to the last drop. No erankcase dilution. A pure,
clear, white gasoline. On sale at the big red "Standard"
pumps with "Standard" globes. Insist on the genuine. Made
and guaranteed by the Standard Oil Company of New Jersey.
"STANDARDW^
GASOL
be done with the remaining sum
is yet a matter of some dispute
and will be determined by the
court at some future date. If
■it is turned over to the co-op
erative association, it will eith
er go into the general fund for
distribution among all its mem
bers or part of it may go into
the general fund and part of it
into the special fund, which
will be paid to the members in
the central district.
A 40 per cent dividend on the
claims against the Carolina
Warehousing corporation had
already been paid by the re
ceivers prior to this order. The
remaining C>( per cent will be
paid at once with the interest
and accrued dividends.
The handling of the property
of i! e Carolina Warehousing
i
corporation has been most ef
ficiently done, the receivers.
Mr. Coltrane and Mr. Powell
being able to got two-thirds of
the first cost price of the prop
erty. They have had charge of
affairs of this subsidiary cor
poral ion for about two years
and during that time have jeal-
I i
ously guarded the interests of
the creditors and the farmers.
Most of the claims held
against the warehousing cor
poration involved debts for build
ings and rents for warehouses.
Creditors all the way from El
kin to Roxboro will share in the
distribution of the dividend. !
!
The Tri-State association in .
its dealing with its subsidiary
concern has acquired claims,'
now amounting to a little more
than $200,000 which will ab
sorb the balance of the other
claims against the Carolina
Warehousing corporation. If
the court directs that the bal
ance shall go in that manner.
The receivers of the Tri-State
are James A. Poll. Hallett S.
Ward and M. L. Corey.
W. T. Joyner, one of the a;-
. loi'iitys representing the war -
housing corporation rceiveiv.
stated yesterday afternoon that
it is a conservative estimate
1 :}.>, m;» from the funds of the
subsidiary will eventually leach
the farmer members of the tri
state association in addition to
!
the claims ordered paid yester
day
i LOST—OXe wrist watch. Crys
tal gone. Leather band.
Name Bedford. Finder please
see J. B. Joyce. Danburv, N. C.
and receive reward It
PAGE FIVE
Appointments For
Methodist Church
Ist Sunday—Bethesda. 11 a.
m.; Pine Hal!, 3 p. m.; Forest
Chapel 7:30 p. m.
j 2nd Sunday—Davis Chapel
11 a. m.; Yade Mecum .'5 p. m.;
Danbury 7 j-30 p. m.
3rd Sunday—Pine Hall 11 t.
m.; Forest Chapel 3 p. m.; Be
thesda 7:30 p. m.
4th Sunday—Danbury II a.
m.: Vade Mecum 3 p. m.; Davis
Chapel 7 p. m.
sth Sunday—Danbury 11
m.« Bethesda 3 p. m.
J
Why TIK'.V Were S'.KI esful.
—"Because they were i heerfiil
when il was diliicult to lie - heer
fui. and ] atient when i* was
'(lifii'-ull l.i he patand lo
calise they pushed «>n \vhe»i
they wanted t> be still, an I
k-pt silent when the\ wanted
to talk, and were ajrieeab\;
when tiny wanted to in' dis
agreeable. That was all it v. as—
i
quite simple and always will
be."—Anonymous.
~ CHICKENS
Turkeys, Ducks, Etfgs, Rabbits,
country butter are wanted. We
will buy at market price.
Produce Exchange
N. Cherry St. —Phone 3665
Winston-Salem. N. C.