THE DANBURY REPORTER.
Volume 01.
U. S. TO RESCUE
BANK LOSERS
STOKES DEPOSITORS MAY IIK.
I lIVE DIVIDEND SOON FROM
I.IQI 11> VIED . MORTGAGES
FEDERAL GOVERNMENT TO
IIWDI.I: I'lto/.E \ ASSETS
PLAN ALREADY L\ I'OIH K IN
WEST HANCOCK GOES 1..
WASH 1 XC.TON TO IHSCI ss
PLAN" WITH FEDERAL AL'TII.
OH I'll ES _ MAY HE BIG BOON I
1(111 STOKES DEPOSITORS.
The following dispatch of July 15
will no doubt provo of absorbing
interest to Stokes bank
Charlotte July 15.—Commissioner
(lurney I'. Hood, of the st ate bank,
int.' department prepared today to
seek liquidation of the thousands
of dollars now tied up in farm mort
gages held by closed or restricted
banks by a campaign for use of the
facilities offered by the Farm Cred
it Corporation.
lfe announced his plan shortly af
ter returning from a quick trip to
•Columbia where he consulted of
ficials of the fcder.il land bank an t
the federal 'and commissioner with
regard to operation of the recent--
(itemlisted farm credit laws.
His statement was made shortly
after ill-patelle.-, re!a: • ! that ar
rangements hod been made for a
campaign in South Carolina t" en
list the co..iporat:on of debtors aml
mortgage holders in a similar move,
mint- Previously, the administra
tion's cr.'iTif" piaii hail neon officially
extended to Wi- on.Cn, Illinois, and
lowa.
As a first step. .Mr. Hood -aid it
survey will he made of til! the as
sets of North Carolina banks, in
cluding those operating on a no -
ma! basis as well as the institutions
now closed or operating tinder re
strictions.
The commissioner said lie coital
not estimate how long would be re
quired to make the survey, an I
that he was unable to approximate
the amount represented by farm
mortgages in the assets of the
banks.
As soon as the survey is complet
ed. he said, a meeting will be call
ed. at which a representative of
the credit administration will be re
quested to give full information up.
on the possibilities of the program.
Under the liberalized credit laws
recently enacted. Mr. Hood explain
ed a debtor may borrow from thu
land bank up to 50 per cent, of the
appraised value of his farm, includ.
ins personal property, and lie may
borrow an additional 25 per cent,
from the land bank commissioner,
making a total of 75 per cent, avail
able-
-1o illustrate how* the hanks may
take advantage of the facilities, he
said if a bank holds a $4,000 mort
gage on property valued at $4,000,
the debtor can borrow- $3,000 from
federal sources. If the bank officials
or liquadating agents see fit to set
tle the mortgage for this amount. 1
the farm owner can borrow* it. and '
Pay the bank, while the government
agency will take over the mortgage-. 1
The farm owner will benefit, he
explained, by getting a reduction in 1
his interest rate, wheh may h e as 
low* as a 4 1.2 n er cent., and also '
by liberal terms a* ti the principal. '
Established 1872.
WORK SLACKS ON
I BUCK ISLAND ROAD
. DI E TO DIMINISHING SUPPLY
I OE GKAVEI. DAI.I.AST AT
HICK ISLAND STATE TIN.
) (.INllElis 11 liltE TESTING OTII-
Elt KOI'HCES EI.MOT lil II.D.
ING COMPANY MAY Olt MAY
NOT EIN'ISII ,lOH.
Work «f surfacing the Duck Is.
. land-Virgin l .i line highway, which
hits been in progress for a week or
more, has temporarily slackened
i Pending the Htate's procuring unoth.
. er supply of gravel ballast.
It is stated that the beds of gravel
■ in the island near Buck Island
ford, based on the sufficiency of
i wjy.rh the State let Hie contract for
surfacing the road t> the Virginia
line, to tb»* Elliot Building Company,
have during the last few days either
rapidly become exhausted or have
failed t> the ext.nt that other sott-v
ces must be developed at once.
State Testing Engineer litl-cn of
Ilaleirli is here this week assisting
in the effort t" find other availably
source* "f ballast.
As the Elliot Huildin- t"tutipanv
predicated its hid for the surfaeing
on the Stale's assurance of a sit:',
fit kn y of grave! at Buck M m,!,
ninl allowed n•• eoiiililjotis f.it* a
long, i- haul, it i-- generally presum.
cd that the Italt wa y depart men
will have to pay the eontraetor f" '
the extra haul. otherwise there
woukl bo ne'essttrjiy be a re-letting
of the contract.
I!" a! .Movie Romance of the l'l_
- . .
rot.11 Actress I'at'i bter. Strang r'
Than Any Port Her .Mo:bur live*,
flayed. Head About it in The
American Weekly, the Magazine•
__ I
Willi Xvxt Siiiithty'«
Unit! more Am print n. Du.v it from
i
ymil' i ivori'e np\\ .-•deal. 1* or new.-.!
b"y. I
For i n stance, the commissioner
pointed sv.it. the law provides that
no payment of principal is necessary
for the first five years, a provision
that transforms a technical lo.year
loan into an actual 15-year loan. ..
Washington dispatches said a
corps of expert appraisers would ho
sent into South Carolina late this
month to expedite operation of the
plan.
Mr. Hood expressed the hope that
preliminary details In North Caro
lina may be disposed of In time to
have this state ready to avail itself
of the services of the appraisers a*
soon as they have completed their
work in SoutK Carolina.
LATER. ;
Congressman Fratfk Hancock,
who is in the state taking his va
cation has left for Washington to
take up the matter of early possible
relief to the bank depositors of the
fifth North Carolina district.
Millions of dollars are locked no
In closed hanks a i] 0V o r the State
of North Carolina where hundreds
of banks went down during the last
two or three years of the depression. '
while in the nation more than 10.. j
000 banks closed their doors.
Congressman Hancock will UA>
his efforts to induce the if. s. Gov.
ernment to set the machinery of
the "Wisconsin plan" in operation
in the State at once.
Danbury, N. C., Wednesday July 19 1933
KIDNAPING ON
> THE INCREASE
t IN ItOED DEFIANCE OF THE
I STRINGENT I.AWs. THE THAI'.
I'M GROWS.
Chicago, July 15.—t't'ganized ki.i
. n a pet's, America'-- must .desperate
criiiiin.'iLs today were revealed as
operating in defiance of even the
. most drastic abduction laws enact
i >d since the tragedy of the l.ind
t 'hergh baby.
I 111 several states Penalties have
. been tightened within the last year
to include the death sentence. But
1 the kidnaping wave of the past 3
I months 'has shown that gangsters,
[ their beer and liquor revenue gone.
• pl.v their tyrannical trade in open
i scorn of state and federal author.
. itie*.
Three major kidnaping* rocked
? l H, li«e hist week. Two w e .*o
in Illinois where the abductors face
electric iha'r if convicted. The other
L * was in New York state, where the
Penalty may he 50 years jn prison
. In one of the Illinois ulalmt'on-,
the UWniipcrs eiimivjtiuded their
un see ret (leiiame of the l a w* by re
leasing their victim—■ John (Jake the
Barber) l*a'*lor —mi th.> main .-tie t
. of a Chicago surluirh and giving
. him diic iimis f the police station,
two icocks aw ay. Tin- other Illinois
seizure was that of aged Augu-it
I. •tier. Alton hank millionaire, kid
naped while State authorities. an
gered by the Fa' t-or a.-*e, announced
j that a spec'al putVoi 0 f 25 state p.i.
i trolmen was ready to pursue the
gangsters.
! ihe New York kidnapers seized
John J- irt onnell ,|p. defying un
; stair New \ ork's most powerful
; 1 km ratio machine a- they abduct.
led the nephew of the political group's
two leaders.
An c ho of the kidnapers' braz.
| enne-s reverberated in the nation's
capital, Secret service guards were
sent to protect the grandchildren
of President Roosevelt.
•V survey by I nitcd Press reveal
ed that stringent measures have
been t a ken by several states to pen
alize kidnapers.
Third Quarterly
Conference At
Vade Mecum
! i
The third Quarterly Conference
for fcho Danbury charge. M. E.
Chur:h, will be held at Vade Mecum
next Sunday, July 23. at Id o'clock
A. M. In the absence of the pre
siding elder. Dr. Poove.v. the pastor,
the Rev. J. B. Needhnm, will lead ,
, the services. A number are plan
-1 ning to attend and take a basket
lunch.
I
, There will be preaching service in (
Danbury M. K. Church at 8 P. M.. ,
Sunday. The public i a invited t»
these services. •
There will h e meetings at For- ,
rest Chapel all this week, the r. c v. j
\V. B. Thompson, of Pilot Mt.. do.',
ing the preaching. I ,
!
— : i
Sympathy.
-
The sympathy of friends here is
expressed warmly for Dr. Poovev. j
M. E. Church presiding elder, of!
Mt- Airy, now ill in a hospital. Dr j '
Poovey has recently submitted to a '
serious operation. ''
I
lIEATON CROMER
DIES SUDDENLY
MYSTERIOUS ClltCl MSTANCES
OF DEATH CAUSES IN Vl is IT.
GATION BY SHERIFF AND
CORONER \ERDIFT O \
CORONER'S .11 RY \\ \s THAT
DECEASED DIED I KOM NAT.
I'R \l. CAUSES.
News came to Sheriff J. John
Taylor Sunday of the death of Ib a
ton Cromer, aged 3». at .Miz a ph.
unler mysterious circumstances.
sheriff Taylor quickly answered
the telephone «* a ll by going to Miz.
pah accompanied by Deputy llert
Sniitli ami s. p. Christian, an I
summoning a coroner's Jury. In the
absence c f regular coroner. Dr.
K. X. Phillips acted.
It appear c! that young Cromer,
who is a son of A. G. Cromer, of
Mizaph, had died suddenly
B«»nie
time s a :Uf.lay night, in a tobacco
barn, where he had bc;n in the hab
it oi sleeping, lie was unmarried.
It ml the \ id n'*e showud that li"
had been subject in epilepiic fits.
II" had lived with his father.
A juj'.v was summon,d. compasc 1
'■'* slate, S. P. Christ all.
Bert Smith. I:. \v. Birr. \V. u.
linker and c. 1.. Carroll.
The jury afier '•on*idering all th,-
evi'lcnc. remind a decision that the
deceased came to his death from
natural causes*
Lawsonville News Items
There ha- been showers the p.ast
week which has been a big help to
this commuu'iy. The cr..|is wcr •
almost dried up.
I he people in this community arc
having t" go in hiding mi account
o" the dust. The new graded mad
l's being sanded and the dust i s i
torment.
Miss I>ecloviee Robertson spent
tbe past week with friends and ixd
| a lives at AValkertown.
Misses Ruby and Rachel Lawstm,
of King, has been spending tlie past
two weeks with relative* at I .aw.
snnville.
Miss Halle Spencer, from Teach
er s College at Boone, spent ith?
week end with her parents. Mr.
and Mrs. R. L. Spencer.
Mr. and Mrs. Gelnn Smith. of
- s tuart, spent Sunday with their par
ent*. Mr. and Mrs. X. A. Stephens.
Mr. and Mrs. R. A. Robertson
had as their visitor* Sunday: Mr.
and Mrs. B. n. oakle.v and family,
Mrs. C. M. M a be. Mr. and Mr*.
Olenn Smith.
The tobacco crop in this com.
m unity is late, due to the drought
that has recently been broken up
by refreshing showers the past
week.
i
A car. driven bv Tom Smith of
Stuart. V a turned over on the
highway between Lawsonville and
Danbury Sunday evening. The other'
occupants. Glenn Smith a „ i wi»_
feed Owens. They all escaped with a'
few scratches.
i
Picnic.
j
Danbury Union Sunday School j
will picnic at Crystal l. a ke. Win-'
-ton-Salem, next Friday. Lunc.h will
he taken at 6 p. M.
EXPLANATION BY
CHAS. M. JONES
DEIM'TY CGI.I.EC'I'OR T E I. I. -
ABOUT TAX ON MAI.T I.KjEolt-.
XVlNffi A N D I'l ilt.M I iNTI iD
FItUIT .11 It ES.
The It' porter has recoiv-d I'r.uii
c. M. Jones. Deputy i 'oliecior of th •
Bureau of Internal Revenue the
following informatipn for dealers 11
malt liquors, wines and fruit juices,
as to their liability for special tax
in connection with the -a!e of this
product:
Purchasers of special tax stamps,
at the rate of $20.00 per year, bear
ing the title "Retail Dealer in !• ce
mented Liquors." may It gaily «i.
gaue only in the sale, in less quan.
: tities than live gallon* a t one tini".
I
of fermented inialti liquors of 3.2
Per cent alcohol,> content l»
weight.
Every person who sells or ofici -
for sal* Prmeuted mill: liquoi>. i,
quantities of ii.it i than live 'a -
lop- at one time- but who d"e* imt
d'-il in wines and i rmenicl i ;
Juices, is tains d'-re'l a w li.»!es ile
'lt'll r n limit lip and. a- such,
i- r quired t" purclia*.. a *p,. ~.i t i.x*
.'t imp ut the rale of ssn,nn p.
year.
Purchasers of sp. . ia! : ax .stamps,
■tth - i-ite oi B. mi |,(.|. yen - , hear
ing the title "Retail Liquor Dealer''
may anaage not only in ihe sUc m
fcfiiuni.d (malt) lisuor.s but also ii
the sale of 3.2 per cent wines au l
fi rineiiti d fruit Juices, in lc.s-  ( u.in_
tities than live gallons ill one time
without 'incurring additional liabi
lity.
A wholesale liquor dealer shall
Pa> .8100.01) Per year. Such dealers
amy not oii|.\ sell wine- and fer
mented fruit Juices euntaiiijag n"t
more than 3.2 per cent of alcohol by
weight, hut may likewise sell fer
mented malt liquors of like strength
ill quantities of not less than five
gallons at one time, without incur
ring additional special tax liability,
A qualified wholesale dealer i n
malt liquors and a qualified whole,
sale liquor dealer can not sell in
quantities of less than live gallons
with out incurring liability as a ra
tal! dealer, nor can a qualified re
tail dealer ill malt liquor, or a qual
ified retail dealer, s e ll in qu a n*itijs
of five gallons or more at one tini".
without incurring liability for *p e •-
ial tax as a wholesale dealer,
Kpecia taxes are Payable on a
fiscal year basis beginning July l of
each year, and every dealer in m a lt
liquors or wines and fermented fruit
juices is required to purchase a new
special tax stamp effective July 1,
8133. The purchase of a special tax
stamp as retail or wholesale dealer
in malt liquors or wines and fer
mented fruit juices doe* not auth
urize the purchaser thereof to trans
act such business in conflict with
•B.ate laws, or authorize the sale c
spirit nous liquors" for~T>everag.,} p U •.
PO-t's.
A young man named Dodson
Jumped from a high t'-vstle ncr
Malnut (Vive, attempting suicide
"e ... iu a critical condition with
broken shoulder, and other injuria.
U 'l lm,bal, ly rocover. It is reported
he had be.n drinking, and was dl s .
| nPimlnted in a love affair.
Number 3785
AUTO ACCIDENTS
ENLIVEN SUNDAY
1:1 :.isti:k nr i>i i:i»s i;\ii.fy»s
• \it i'i ii\s o\ i:ii Twici-: nf.yii
MI:\IM)WS. liltl ISINI. ITS IK'.
• I I'Wl' ASSISTANT I'l.CItK
I
or I Ollt I A. ,1. I Alill C '>!/.
I.IIHIK WITH I\ It l.l) FlJ*.
I'll I'M, Till; AO'IOFXT I'll*.
I I 1.1.V IN.II Itl.M, lIOTII IHIIV.
lilts \N|) HKMOI.IsIIINTi ItoTH
('Alts.
Sunday wan a had day for auto
accident*, specially with th»» Ban
bury Court house bunch.
Karly. about 2:30 A. M., Sunday
Register of I'eeds B. Pinnjx Bailey
was returning from Walnut Cove,
when his Ford coupe burst a front
tire and turned over twice on the
curve at fleece near Mea
dows. Mr. ilaile.v received several
cuts about the head and body, and
l »ad]> wrenched had*, hut other,
wise wns not injured. ll.' was able
to drive lbs car hack to Walnut
f'ove. where he was attended by a
ph> J i' !un. and tlii 11 returned to
I 'anbury. I in» cupe was damaged
proi.ably sif,u worth.
Sunday afternoon, ab.it 230
o clock, the I'h vrob t >etl' drive.!
by Assistant t'let"; of tli" ' urt A.
'"agg, retiint'iu 1n..;, W.iiuut
f'ove. c..)ii,i. ,| head-on with a Chev
rolet roadster going south dflvi n ly
Carlo right near tlie Pyr.
tic filling station in Banbury. Both
curs were demolished, almost be
yond t> pair, while the occupants
were both painfully though not se
riously injured. Mr. Fagg received
several cuts on his legs, several
teeth wore d'sloc.it.d. while he was
bun in tlie breast He was attended
by a physician.
Mr. I-'linchtim was thrown to the
Pavement and badly shaken up an 1
bruised- Xo hones were broken. His
hjures w»'tv likewise dressed by a
physi'ian-
Rid:ug with Mr. Kagg were two
young men front the Walnut Cove
"erosion" catnip, N\»ither wag hurt
beyond smut, lies and bruises. thougru
i> .|h were thrown out.
Hanging Rock
Project To Be
Resumed Soon
.1. C. Carson- county welfare of.
ficer and head of the federal relief
agencies in the county, advises the
Reporter that work will be resume*
on the Hanging Book highway by
the R. F. C. laborers on or about
August 1.
At that time as most of all other
relief projects in the county will ho
completed, the county.wide forces
will be concentrated on the Hanrr.
ing Rock road.
This concentration should result
in early completion of thi* project,
at letct to tiie extent that the State
Highway department will rcrognjie
and adopt it as a State project..
Speaking Of Fish.
M.Klnlty N'elo'n 'aught a 20.1b.
carp near Buck Island bridge In
Ban river last Thursday.
Reld Forrest and TJeid (leorgg,
employes of the road
\
Camp, near Meadows, spent a short
while here Sunday.