Newspapers / Marion Progress (Marion, N.C.) / June 3, 1920, edition 1 / Page 10
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I , . ' 1 ' " " 4 Land For Sale Take uotice, that,the undersigned will j under Hnd by virtae of thepoww of sale vested in hiin under the terms of a cer- tain deed of trust, executed bv E W j Stroud and his wife. Lnla Stroud, under j date of May 15, 1915, and recorded in ' Book No. 18 at Pae 57 of McDowell county Mortgage Deel Records, convey , ing the land therein aud hereinaft r de scribed, defanlt having Vx?en made in j the payment of said iud btHinees nnd demand having been madeon the under- signed to exercise the ribt of foreclos ure therein given, for tb purpose of sat isfying said indebtedne on the 9th day ef June, 1920. at 12 o'cl'k M., offer for sale at the court house dor in Marion. N. C, to the highest bidder for c8h. the following described tract of land i n McDowell connty aforesaid, and more particularly bounded as folio ws: Fifteen acres of land adjoining the lands of F A. Curtis, John Lilley. J L Jimison. Iiogan Corpeningandtheold Poor House place and lying on the southeast side of the Crooked Creek road and being the j old E. C. Stroud home nlace upon which the residence of the E W. Stroud is now situate and being a part of the tract of land coriVeyed by W. C Stroud and others to the said W C Strond by deed which is recorded in B-ok 27 at page 120 of McDowell countv Deed Records, to which reference is here made for more certain description, said tract of land herein conveyed containing all of the land in the tract owned by E. W. Stroud and known as his home place in or near otroudtown in Marion towcship. Said lands will be sold in portions which will be announced at the sale, and then only so much as will be nece ssary to satisfy said indebtedness. This the 8th day of May, 1820. J. W. Win borne, Trustee. BD2M IN BOND PRICES B-KO CAUSE FOR WORIfl LARGE YIELD MADE POSSIBLE TO A8TUTE INVESTORS WHO SEIZE BIG OPPORTUNITY. NOTICE! Horth Carolina, McDowell County Take notice that the undersigned, by virtue of a certain powr vested in him by a mortgage from Sidney and Lee Largent to Edison Houok, of date March 16, 1919, which said mortgage is regis tered in Book 22, of the Mortgage Deed Records of McDowell county at page 165, will sell to the highest bidder for cash at the court house door iu Marion. N. C, on Saturday. Jnne 12. 1920, at 11:30 a in., the following described tract of land, being the lands described in the above mortgage, as foDows, to-wit: Being two certain lots located in Mount Mitchell Park addition to M;i rion, N C, being lots No. 42 and 44 in Block No. 21 as recorded in' the Regis ter's office of McDowell county; begin ning on the corner of California Avenue and Mitchell street, and running west 50 feet with Mitchell street to a stake. : corner of lot No. 44 and 46, 120 feet to a stake in an alley, th southwest cor- ! ner of lot No 44 and oathenst of No 46; thence with the line of rllev east 50 feet to "California Avenne to a- stake; thence north with California Avenue ' 120 feet to the beginning. Edison Houck, Mortgagee. NOTICE! North Carolina, ) j aw.. r,. ' McDowell County In Superior Court. Roy Lell vs Clara Lell. i The defendant, Clara Lell, above named, will take notice that an action entitled as above has been commenced in the Superior Court of McDowell conn- i ty, same being an action for an absolute divorceand the said defendant will fur ther take "notice that she is required to appeal 'before the Clerk of said court on the 19th day of June, at the courthouse in Marion, McDowell county, and an awer or demur to the plaintiff's com plaint now on file in the office of the clerk ofSuperior Court, or the plaintiff will apbly to the court for the relief de manded in the complaint TinVthe 15th day of May, 1920 W. H. Hawkins. '. Clerk Superior Court. Investors vko bought Liberty Bcmda aad Victory Note at recent market price were t&us able to earn consid erably more than tfce bcmd ratei of in terest om. their rao-aey, according to figures compiled by stock aad bond brokers. 'Moreover,' Saccate tafeles re cently competed by tne War Loan Or gaaiaatioa ol tbls district show that the bonds, Isvasmach as they are ex empt from all state and local property and income tax (except estate or in heritance taxes) are equivalent in their net yield to taxable stocks and bonds paying rates of interest sub stantially higher. The property tax om stocks and bonds is sometimes considerable. From these property taxes, state and city, Liberty Bonds and Victory Notes, of course, are exempt. This means, therefore, brokers point out, that the government securities yield a net in come equal to that of taxable stock i and bonds paying mueh mors. The following figures show In the order named the ieeujss of Liberty Bonds aad Victory Notes, their respee tire periods to maturity, reeeat mar ket quotations and the approximate amaaal interest based upen these prices and conditional upon the seen f1t2s being held to maturity. First 3 1-2, 27 years; S9J.J0; Iff per cent. first 4, n yeari; $85.80; 5 per cent. First 4 1-4, 27 years; $85.10 5.5 per oent. Second 4, 22 1-2 years; $85.64: 1.15 per cent. Second 4 1-4, 22 1-2 yean; $41. It; 6.6 per eent. Third 4 1-4. 8 1-2 years; $0.80; 5.11 per cent Fourth 4 1-4, 11 1-1 years; $16 W; 5.4T per cent. Victory 4 S-4 per cent. Victory 1 2-4 per cent. In comparing the income from Llo erty Bonds and Victory Notes with the net yield of taxable stocks aa4 bonds the usual taxes should be added to each ef the percentage yleidi giren above. It rests with the legislature, broreri point nut, to increase th taxes here This then would make the incomt yield of non-taxable gerernraent bonrii Just that Much greater and the bondi would therefore be all the more ral vable, bankers aad busiaoss neesi say ,M lares tm eat securities 2 years; $.; IN S years; $.S0; 5.t8 FOOD SHORTAGE TO CONTINUE Condition Exists as Result of De crease In Production Due to Scarcity of Labor. . NOTICE! North (Jarolina YanceyjiConnty f In the Superipr Court Frankie Garland vs John Garland. This i to notify the above named de fendant that the above entitled cause has beeh brought in the 8nperior Court of Yanoey county by the plaintiff against the defendant and complaint therein duly filed asking for a decree of absolute divorce and let the defendant take notice that if he fail to appear and an swer said complaint that the plaintiff will apply to the said Superior Court of Yancey: county at the regular August term, 1920, for a judgement of absolute divorce. This the 29th dav of May, 1920. LOUIS ENGLISH, Clerk of Superior Court of Yancey County. Food supply surveys recently made give conclusive evidence of a more dis astrous food shortage than during the war period. This condition exists as a result of a decrease in production due to the scarcity and high cost of labor. To help overcome such a con dition and to guard against the dias trous results that will naturally fol low, every home should provide for a vegetable garden and begin at once to prepare to grow the needed supply of fresh vegetables and a surplus for canning. A Word to Subscribers. The shortage of newsprint stock and the advance in price from 2 cents to 15 ceuts make it absolute ly necessary that afl subscriptions be paid in advance. Look at the date on your label and if your sub scription is not paid in advatice please renew promptly as we will betrm this week to cut off our list all subscriptions riot paid in advance. ANNOUNCEMENT I announce my candidacy for Com missioner of Jjrtbor aud PHming in the .June state-wi.'t-- piimarv T. mi' eeri Hon M L Sbipujun, nriiinberir, and will appreciate your f r Hi:d support h' rhe polls Ak mi y wlio know of my labors iu and no ut r leilator uich 1919 DAVID P BELLINGER Gatonia. N. ( .. April 22 1920 STATE C OIXEGE SUMMER SCHOOL Teachers wishing :o increase their efficiency, hc class of their and iheir salaries should apply for reservations at once for session June 15th tct July 28th Also college entrance, college credit, and Home Economics For catalogue write to W A. WITHERS, Director - - West BaIe$s&G film Jjmmmm 'J mm '' ' ' iUV.-Viii-tV.'-' r Worth -WMH Economy You should know the worth-while of McClaren J " C& D Tires. We have faithfully tested these tires and now know their full economy value we strongly recommend them to our friends Our experience in selling tires covers a wide field. We know, from repeated tests, that the McClaren J C& D Tire measures up to your standard of trouble-saving, money-saving tire economy. One trial will convince you of this. Equip today with these worth-while economy tires. J&D Brand j f ' ?f3,VIti 1 " i Jnrn i an fn) Rfni (1 nFl-fll U L1 i ) Lru Ity-Lb Li W Lb U & LnJ is l V
Marion Progress (Marion, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 3, 1920, edition 1
10
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