ASSOCIATED PRESS AND CENTRAL PRESS
Industrial Bank Reports
Best Year In Its History
Earnings 17 Percent of Common Capital; Officers and
Directors Re-Elected; Resources at End of 1937
Were $265,390; Deposits $175,243
Officers and directors of the Indus
trial Bank of Henderson were re-elect
ed for 1938 at the annual stockholders
and directors meetings held Thursday
afternoon at the bank’s offices on
South Garnett street. Joel T. Cheat
ham, president, and M. W. Wester,
cashier, reported to the stockholders
that 1937 was the best year in the
bank’s history, with net profits a
mounting to 17 percent of the common
capital stock.
The bank’s officials are looking for
ward to a good year in 1938, and fore
see improving conditions in the busi
ness world. Last year the bank paid
four percent dividends on its common
stock, and since it was established l r >
years ago has paid shareholders a
total of $30,464 in dividend disburse
ments.
Stockholders re-clectcd the follow
ing directors: W. J. Alston, It. E. Cle
ments, Joel T. Cheatham, R. G. S
Davis, E. O. Falkner, F. L. Toepie
man, S. R. Watson, J. H. Wlheeler, M.
W. Wester.
The directors re-elected the follow
ing officers: Joel T. Cheatham, presi
dent and chairman of the board; R.
CAN YOU ANSWER
THESE QUESTIONS?
See Page Four
1. Does the United Stares have a Poet
Laureate?
2. Which continuously inhabited city
is generally regarded as the oldest
in the world?
3. What was the family name of
Henry VIII of England?
4. Which state in the U. S. has the
greatest tidal shore line?
5. What is the mode of executing the
death sentence in Nevada?
6. How long before a wedding should
the invitations be sent out?
7. Name the Mayor of Jersey City, N.
J.
8. Who was Jean Baptiste Camille
Corot?
9. In what year did the reign of the
Czars end in Russia?
10. Where is the resting place of the
Unknown Soldier of Great Britain?
,rSpeedy\
(headache)
A fe//ef/ A
I JITTERY-UPSET. I(K ScZSt |
“It Shall Be Done”
Scoggin Chevrolet Co.
“My Bank Is Working
With Me On This.
I’m Glad They Are
Interested.”
You hear that around town, espe
cially from the folks who do busi
ness with First National Bank.
For our bank recognizes and ac
cepts a definite responsibility to
this community and is glad to as
sist in any sound enterprise that
will help our people.
Tell us about your plan. We'll
be happy to talk it over with you.
©First National
Bank
Henderson,, N. C. *
G. S. Davis, first vice-president; S. R.
Watson, second vice-president; M. W.
Wester, cashier and secretary.
The Industrial Bank of Henderson
is a member of the Federal Deposit
Insurance Corporation, which guaran
tees all deposits up to $5,900. At the
close of business December 31, the
bank had resources of $265,390.30, in
cluding $174,788.03 in loans and dis
counts, $41,832.08 in stocks and bond5 522,005.31
$22,005.31 banking house, furniture
and fixtures, and $26,764.88 in cash
and due from banks. The common
capital stock is $50,000 and preferred
is $18,009, with $11,566.02 in surplus
and undivided profits. Deposits, in the
nature of certificates of investment,
amounted to $175,243.81.
tom Irrisdies,
NEGRO WOMAN HELD
Preliminary Hearing Set for
Monday for Elnora Bob
bitt in Shooting
Mayor Henry T. Powell today ord
ered Elnora Bobbitt, 22-year old Negro
woman, held without bond for a pie
liminary hearing before him next
Monday in city court on a charge of
having shot and fatally wounded Tom
Morris, another Negro, Wednesday
night at his home on Ford street.
Morris succumbed at Jubilee hospital
last night at 11:30 o’clock to the
wounds, one in the leg, and one
through the middle of his body.
Today, the woman denied having
shot Morris, but Fire Chief E. T.
Shepherd, who was one of the first
to reach the scene of the shooting
after it was reported to police, said
the woman was sitting in a room of
the Morris home when he arrived, and
that she admitted to him at that time
she fired the shots. The pistol sup
posed to have been used in the shoot
ing was found later hid behind an
outdoor toilet near the house. Chief
Shepherd brought the woman to the
police station, and placed her under
arrest.
Baraca Class Has
Special Program
The Baraca class of the First Bap
tist church will have a special pro
gram of music and singing on Sun
day, January 16 at 10 o’clock a. m.
The feature of the program will be a
male quarete, and a good sermon bv
the teacher, J. C. Kittrell. J. B. Gee
urges all members to be present so
that the goal of 100 may be reached.
The public is cordially invited.
Henderson Daily Dispatch
Hunting Lindy Hoax SIOO,OOO
A worker is shown tearing out the wall on the back of the steps’ of the
former home of Gaston B. Means, after a cellmate of the convicted
swindler told the police that Means had cached SIOO,OOO in a hollowed-out
place under the concrete steps. The money is said to be the sum Means
received from Mrs. Evelyn Walsh McLean for the return of the kidnaped
Lindbergh baby. The money has not yet been recovered.
(Central Press)
ToKSjps
Farm Security Body Will
Finance Heavy Farm
Equipment, Day Says
Ivey W. Day, county supervisor for
Vance of the Farm Security Admin
istration, announced today that the
FSA now has money available to lend
to enable small groups of farmers to
buy or secure the use of heavy farm
equipment, purebred sires and other
such services as will help them to do
better farming, but which a farmer
cannot afford to buy solely for his
own use.
Mr. Day said that these group, or
service loans, while offered for the
ura of a group of farmers, usually are
made to one individual farmer in the
group. He is known as the “master
borrower.” He agrees to provide the
service when needed, and the others
his neighbors who decide to join in,
agree to use the service and pay the
charges specified for the service.
When the loan is paid the equipment
' pTongs to the “master borrower.”
The only rules are that he agrees to
provide the service at a reasonable
charge during the life of the equip
ment. The rate of interest for the
group loan is three percent.
“It is the purpose of the Farm Se
curity Administration,” Mr. Day said,
“to work in close cooperation with all
agricultural agencies, and it welcomes
suggestions as to the placing and use
of these services. The aim is to de
velop better agricultural practices,
and all agencies working toward this
end can doubtless effect great im
provement over present conditions.”
Mr. Day invited all those interested
in this new type of loans to contact
him at their convenience. He main
tains quarters in the county court
house.
Work of county supervisors includes
help in adjusting farmers’ debts, mak
ng of supervised rehabilitation loans
to individual farmers for purchase of
fertilizer, livestock and needed
farm tools, and the making of these
group loans referred to above. In ad
dition, they handle the tenant land
purchase program in counties selected
to receive tenant purchase loans.
In working out a community group
to secure one of the group loans, more
than half of the group taking part
must be rural rehabilitation borrow
ers, low income families, or both, and
the remaining families may be any
one in the community. They, like the
others, pay for the services to be had.
These service charges are the baste
of paying of the loan. The loans can
be used for the purchase of pure bred
sires for breeding horses, mules, beef
and dairy cattle, swine and sheep; for
purchase of farm machinery, such as
grain drills, mowers and rakes, stalk
cutters, grain binders, combines, discs
and for purchase of items for the
home such as washing and laundry
machines and pressure cooker for can
ning.
“It Shall Be Done”
Scoggin Chevrolet Co.
Notice!
We have discontinued
buying all dark, com
mon scrap, but will
continue to buy bright
scrap.
J. P. Taylor Co.
CIGARETTE THIEF
TO SUPERIOR COURT
Negro Arrested Yesterday
Bound Over to Superior
Court Now In Session
A Negro, Colonel Johnson, was or
dered held for Vance Superior Court
by Mayor Henry T. Powell when pro
bable cause was found in a charge of
theft of a case of cigarettes from the
Seaboard Air Line Railway, and bond
was set at SSOO, default of which he
was remanded to jail. Johnson was
scheduled to be tried at this term of
Superior Court now in session.
The State took a nol pros with leave
in city court today as to Pete Davis,
another Negro, who was also charged
with theft of cigarettes from the S.
A. L. railroad. y,
Frank Young, Negro, was guilty of
being drunk, and was given the choice
of 30 days or paying $1 and costs.
Sterling Turner, Negro, was sent to
the roads for 30 days for being drunk
James Kearney, Negro, had the
choice of 30 days on the roads or pay
ing a fine of $1 and costs when he
was convicted of being whiskified.
HIGHT DIRECTOR IN
FAIR ASSOCIATION
Dr. A. 11. Fleming, of Louisburg, Pres
ident of State Group; Hight,
Fleming Attend
C. M. Hight, for many years secre
tary of the Golden Belt Fair in Hen
derson, was elected a director of the
North Carolina Association of Agri
cultural Fairs at the annual meeting
in Raleigh this week. Dr. A. H. Flem
ing, of liOuisburg, president of the
Franklin County Fair, was elected
president of the State »association
succeeding Dr. J. S. Dorton, of Shelby,
who resigned after three years in of
fice, and after being made secretary
of the State Fair at Raleigh.
Mr. Hight and E. L. Fleming, who
for many years has been president of
the Golden Belt Fair, attended the
Raleigh sessions, as they do each year.
Both local men are well known to the
fair people of the State and also to
many of the booking agents who at
tend the meetings to arrange for the
entertainment at the annual avents.
The Golden Belt Fair this year will
be held the week of October 17, imme
diately following the State Fair in Ra
leigh, which opens on Monday, Oc
tober 10.
REV. S .L. MORGAN
TO PREACH SUNDAY
Rev. S. L. Morgan, of Creedimoor,
the pastor, announces he will hold ihis
regular morning service next Sunday
at Rock Spring Baptist church, preach
ing a sermon appropriate to the new
year. Rev. Mr. Morgan will preach
at 7:30 p. m. at the Dexter Baptist
church.
1845 —-Robert M. O’Reilly, noted sur
geon-general, U. S. A., born in Phila
delphia. Died Nov. 3, 1912.
IT
SHALL
BE
DONE
SCOGGIN
CHEVROLET CO.
Trial Os James Taylor
Consumes Day’s Session
Negro Alleged To Have Slain Thurston Brandon; Thar
rington and Griffin Get 7-10 Years; Evans Gets 4-7
Years In Highway Robbery Cases
Arguments were being made to the
jury in mid-afternoon in the trial of
James Taylor, Negro, charged with
he shooting to death of Thurston
Brandon, another Negro, in a small
.tore on Andrews avenue at the city
imits some months ago, and Judge
Clawson Williams, presiding over Su
perior Court here, will charge the
jury* after two more speeches, one by
A. W. Gholson, and the State, repre
sented by Solicitor E. R. Tyler.
The trial of Taylor was started yes-
Heavy Sales
F or Tobacco
Holding Up
141,372 Pounds Aver
age $17.95 Thurs
day; Today’s Break
200,000 Lbs.
Sales.considered heavy for this time
of the year are holding un well on
the Henderson toibacco market, daily
sales statistics indicate, and prices are
holding firm along with them.
R. W. McFarland, sales supervisor,
announced today that sales on Thurs
day amounted to 141,372 pounds, bring
ing $25,381.88 for an average of $17.95
per hundred pounds.
Mr. McFarland estimated today’s of
ferings at 200,000 pounds, with' prices
on about the same average level as
on Thursday. Today’s sale was the last
of the week, first week since the holi
day suspension.
J. C. NIPPER PASSES
AT HOSPITAL HERE
Funeral Services from South
Henderson: Saturday
At 1 P. M.
John C. Nipper, 65, died yesterday
afternoon at Maria Parham hospital,
after an illness, and funeral services
will be conducted Saturday afternoon
at 1 o’clock from his home in South
Henderson.
Interment will be in Mt. Vernon
church cemetery in Wake county.
Mr. Nipper was an operative in Har
riet Mills.
He is survived by his wife, a daught
er, Mrs. Vessie Poole, of Henderson
and five sons, George Nipper, of Hen
derson, and I. N., J. A., S. W., and W.
W. Nipper, all of Raleigh. He is also
survived by one brother, Tommy Nip
per, of Raleigh.
Representatives of Three
Groups Visit Roosevelt
(Continues from Page One.)
*be Hitler regime. In vigorous oral re
presentations, Dieckhoff charactrized
Dodd’s speech as an “unheard of in
sult” to a friendly nation.
Dodd, who recently resigned as
American ambassador, was quoted as
assailing Chancellor Adolf Hitler as
a ruler responsible for the killing of
more personal enemies in five years
than Charles II of England slew in
twenty.
. 1815 —End of secret Hartford, Conn.
Convention —New England opposed to
war with Britain and extremists urg
ed separation from the Union.
“It Shall Be Done”
Scoggin Chevrolet Co.
WE ARE PLEASED TO
ANNOUNCE THAT
\
Mr. Thomas B. Parham
Is Now A Member Os Our Organization
And Will Be Glad T o Meet His Friends Here.
THE COOPER COMPANY
We Sell Everything For The Farm.
FRIDAY, JANUARY 14, 1938
terday afternoon, and has lasted thro
ugh much of today's session.
Will Thomas Tharrington, who yes
terday pleaded guilty to highway rob
bery, was sentenced to State Prison
for a period of 7 to 10 years, and Jack
Griffin got the same punishment.
Graham Evans, who pleaded guilty to
aiding and abetting in highway rob
bery was given a term of 4 to 7 years,
and the State took a nol pros with
leave as to Roy Farker and Horace
Tucker, charged in the same indict
ment with the other trio.
A charge against Willie Henderson,
of assault with a deadly weapon, car
rying a concealed weapon and driving
after license had been revoked was
continued for the term.
Norman Broomfield, Negro, charg
ed with larceny of clothes, was con
tinued for the term.
Judgment had not been passed in
the early afternoon as to Garland
McGhee and Robert charged
with theft of clothing.
A larceny charge against Plummer
Stallings was continued for the term.
James Emanuel, Negro, was called
and failed on a charge of assault with
a deadly weapon, and a nisi scifa
capias was issued, and the case con
tinued.
Judgment had not been passed at
mid-afternoon as to James Fuller, Ne
gro, charged with forging a check on
11. E. Newton.
AROUND TOWN
License Issued —A marriage license
was issued yesterday at the Vance Reg
istry to Richard Crews and Bertha
Harris, Negroes, both of Henderson.
Deed Recorded —A deed to property
on the Henderson-Oxford highway at
Red Bud Creek was given by the Pure
Oil Co., to W. P. Gholson for $lO and
considerations. It was the only deed
with the Registry yesterday.
Beware Coughs
from common colds
, That Hang On
No matter how many medicines you
have tried for your cough, chest cold, or
bronchial irritation, you can get relief
now with Creomulsion. Serious trouble
may be brewing and you cannot afford
to take a chance with any remedy less
potent than Creomulsion, which goes
right to the seat of the trouble and aids
nature to soothe and heal the inflamed
mucous membranes and to loosen and
expel the germ-laden phlegm.
Even-if other remedies have failed,
don’t be discouraged, try Creomulsion.
Your druggist is authorized to refund
your money if you are not thoroughly
satisfied with the benefits obtained
from the very first bottle. Creomulsion is
one word—not two, and it has no hyphen
in it. Ask for it plainly, see that the
name on the bottle is Creomulsion, and
you’ll get the genuine product and the
relief you want. (Adv.)
—FOR—
HORSES and MULES
—SEE—
The Cooper Company
A Good Assortment On Hand At All
Times. Three Experienced Mule
Men To Serve You.
MANGUM CONVICTED
ON WHISKY CHARGE
Edward Mangum, who was captured
Wednesday night when officers raid
ed a still on the Townsville Road, was
given 90 days on the roads in county
court today by Recorder R. e. Cle
ments on a charge of manufacturing
whisky and possessing illicit whisky
The sentence was suspended upon
payment of the costs of the case, and
showing good behavior for the next
two years.
Tom Carpenter was sent to tha
roads for 60 days for breaking and
entering and being drunk.
1871—Felix M. Warburg, New York
banker and philanthropist, born in
Germ/any. Died Oct. 20, 1937.
“It Shall Be Done”
Scoggin Chevrolet Co.
BILLER'S
Dept. Store
ADDS
Many Other Items
To Their
.JANUARY
..CLEARANCE
...SALE
Dress Socks
Rayon and Plaited q
values to 25c i/C
15 Su£de Jackets
Dry, waterproof— (jM a a
Closing out vlavU
A Timely Buy
Rubber Ol
Boots
Golashes, 0 4
now o*l C
Rubbers —Arties
30 Pair Riding Pants
Grey and brown corded —limited
lot—WOW of a d»1 4Q
value v*«*«/
FREE! —Wolverine Shoe Grease-
Clip and bring coupon in Farm
Journals.
50 Special Shirts
Woven Madras—Bo square prints.
Fitted at waist. d*l IQ
Values to $2.00
22 Boy Tweederoy
Knickers
$2.00 quality— d*l OQ
Other Specials Will
Be Added.
BILLER'S