Newspapers / Marion Progress (Marion, N.C.) / Jan. 13, 1949, edition 1 / Page 8
Part of Marion Progress (Marion, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Report of Condition of ■ARION INDUSTRIAL BANK of Maiion, in the State of North Car afe*, at the close of business on Jansary 31, 1948. ASSETS balances with other tanks, including reserve balances, and cash items ia process of collection $10,851.30 SFafted States Government , cWigations, direct and guaranteed 7,235.00 fcoaas and discounts 304,108.37 Rnrmiture and Fixtures 2,031.95 TOTAL ASSETS $324,226.62 LIABILITIES 15»e deposits of individuals, partnerships, and cor porations _ __ $227,992.49 1PQTAL DEPOSITS $227,992.49 9tttr liabilities 20,859.14 TOTAL LIABILITIES #b*t including subordina ted obligations shown tetew) $248,851.63 CAPITAL ACCOUNTS Capital 25,000.00 Starplus 25,000.00 Ifwfivided profits 24,174.99 IBcaerves (and retirement account for preferred sapital 1,200.00 TOTAL CAPITAL ACCOUNTS __ $ 75,374.99 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $324,226.62 T?iis bank's capital consists of common stock with total par ralae of S25.000.00. I, Doris Hill, Cashier, of the above isaiaed bank, do solemnly swear that above statement is true, and tihst it fully and correctly represents fcfee true state -of several matters Hwreln contained and set forth, to best of my knowledge and belief. DORIS HILL, Cashier Correct.—Attest: W. R. CHAMBERS, J. F. SNIPES C. A. WORKMAN Directors. STATE OF NORTH CAROLINA Csttnty of McDowell, ss. Sirorn to and subscribed before see this 11th day of January, 1949, and I hereby certify that I am aot an officer or director of this tank. W. F. GRANT, $5eal) Notary Public. Wanted—Nice clean rags. No rayon. Will pay cash. Marion Progress office, 125 South Main St. tf | Piedmont Scouts To Meet At Gastonia i 1 Gastonia, Jan. 13— Officials of Piedmont Council, Boy Scouts of ; America and Scout Leaders from the 'counties of' Alexander, Burke, Cald well, Catawba, Cleveland, Gaston, i Iredell, Lincoln, McDowell, Polk and I Rutherford will join together in the Annual Meeting and Banquet of the Council in commemoration of its 25th Anniversary here on Tuesday night, January 18 at seven o'clock. Piedmont Council is recognized as one of the outstanding area Councils in the Nation and has led in the Southeast in the field of camping and Scout advancement. In membership it is second only to Atlanta, Georgia. Reports on the activities of the year will be received, and the program for 1949 will be adopted. CONSERVATION NEWS By L. B. HAIRR B. T. Elliott of Route 1, Old Fort, and H. S. Holland, Route 1, Marion, have found it to be practical as well as profitable to remove the undesir able trees from their woodland. Mr. Elliott and Mr. Holland have been cutting the dead, diseased, broken tops, and other undesirable trees into pulpwood and fuelwood. Also, Mr. Elliott has been cutting his dead chestnut into chemical wood. These men say by taking out this material, it releases the younger trees. When released they grow faster into valu able timber. In addition to this, ac cording to Mr. Elliott and Mr. Hol land, it reduces the insect and fire hazard to the woodland. W. S. Greenlee of Woodlawn has been elected chairman of the local soil conservation committee. Mr. Greenlee will represent McDowell county on the Catawba Soil Conserv ation District Supervisor board. T. W. Stacy was elected vice-chairman and J. R. Jimeson secretary and treasurer in a recent meeting held by the local county committee. The North Carolina Jersey Cattle club will hold its annual meeting in Statesville January 13. Priced At Only $157.75 See These Well Built GARLAND RANGES AT Clinchfield R. R. Underpass MARION, N. C. Scott Takes Office, Airs His Program Raleigh, Jan. 6—W. Kerr Scott I became governor of North Carolina today and opened his term of office with a 15-point "go forward" pro gram headed by better roads, schools and health. The new governor's inaugural ad dress was a hard-hitting list of rec ommendations to the General As sembly. Scott did not skirt contro versial issues. He recommended a state - wide liquor referendum, the revision of the state's anti-closed shop law which was upheld Monday by the United States Supreme court, higher pay for teachers and state employes, and the revision of the sales tax. Scott spoke before a joint session of the General Assembly in the Municipal auditorium here. He pointed out that his "go for ward" program would be expensive and warned he would ride rough shod over tradition "where I see our government in a rut." "Nor shall I hesitate to slash red tape or push aside txadtion if it is necessaiy to eliminate bottlenecks," Scott said. j He warned that a backlog of pub- J lie service needs must be balanced against the state's surplus and "we j must conclude that we do not have j a real sux-plus, but actually a deficit in public services." i Rites Held Sunday For Miss Huskins | Miss Marjorie Blanch Huskins, j 39, of Pleasant Gardens, died Fri- I day evening after a long illness. Funeral services were held in! Clear Creek Baptist church Sunday afternoon at 2 o'clock. The Rev. R. Britton officiated and burial will be in the church cemetery. She is survived by the mother, Mrs. Elizabeth Huskins; two sisters and one brothre, Ben F. Huskins, of Marion; Mrs. W. H. Fields of Jacksonville, Fla., and Mrs. John D. Styles of Black Mountain. Buy U. S. Savings bonds. Motorists Have Month Left To Get Plates Drivers with 1948 license plates have until January 31 to get in line with the times. Action of the last legislature gives motorists through the first month of the vear to obtain new plates, the State Highway Patrol pointed out. Many motorists have been under the impression that the 1948 automobile licenses expired with the last day of December, the Patrol said. Miss Wilson (Continued from first page) after 2 o'clock Monday. Both nurses had suffered frac tured skulls. Lee's neck had been broken. Snaps Pole The State Highway patrol reported that the automobile, owned hy Clontz but driven by Lee, skidded, snapped the telephone pole in the impact— then struck an embankment and bounded back, upright, into the cen ter of the road. The part'r was returning to Mon roe after visiting in Charlotte. Richard G. Roach, administrator of the Polio Convalescent unit com mented that Mis Wilson and Miss Eiesmann had played a major role in establishing the institution at the height of the poliomyelitis epidemic of last summer. The unit now has more than 200 patients. It was rapidly activated last July at what was formerly the Sta tion hospital of Camp Sutton here. Mr. Roach credited the two young nurses with contributing much to the hospital unit's succes in caring for children stricken by the disease. Miss Wilson, who had served dur ing World War II as a lieutenant in the Navy Nui-ses corps, was a native of Marion. EXECUTOR'S NOTICE North Carolina, McDowell County. The undersigned, having qualified as Co-Executors of the Estate of A. C. Hewitt, deceased, this is to notify all persons having claims against said estate to file the same LOOK PRETTY / PRINTED 2598 PRINTED 2599 Sleep Ccxy ond Warm h flanaolettm By The Yard From OUR FABRIC CENTER! Printed patterns . . 48c yd. Stripes or fancies 29c to 48c yd. Plain colors . 29c to 35c yd. Belk's Big Basement MARION, N. C. with the undersigned A. C. Hewitt, Jr., at his offices at Hewitt Hosiery Mills, Inc., Marion, N. C., on or before the 13th day of January, 1950, or this notice will be pleaded in bar of their recovery. All persons indebted to said estate will please make immediate payment. This the 13th day of January, 1949. A. K. HEWITT, A. C. HEWITT, Jr., Co-Executors of the Estate of A. C. Hewitt. — fH ' THE NEW FUTU RAM ICS ! Xv> *> -w«x«:vXv:-fflM ..v.w.*.. White sidewall tires-optional at ex tra cost. Hydra-Matic Drive stand ard equipment on Siries "98," optional at extra cost on "76." 0t.DSMOBll.E- "HOCKET" HERE IT IS! Oldsmobile's new "Rocket" Engine, which offers all these features: Rigid Block Valve-in-Head Construction; Dual Down Draft Carhuretion; Five-Bearing Precision-Bal anced Crankshaft; Hydraulic Valve Lifters; Short Sturdy Camshaft; Steel-Reinforced Alloy Pistons. Oldsmobile rolls forward into *49—with an All-Futuramic line—a new "76," a new "98," and a revolutionary new "Rocket" Engine They're here! They're neivl They're both Futuramic! Two sparkling new Oldsmo biles . . . rolling forward into '49. Upper left, the Futuramic "76" ... with Fisher's newest body, panoramic vision, plus a remarkable new "Big Six" Engine. And out in front, a newly styled Futuramic "98" . . . with that revolutionary new "ROCKET" Engine you've heard so much about. It's a completely new, high-com pression, valve-in-head eight that actually gives you more power on less gasoline! Combined with GM Hydra-Matic Drive, the "Rocket's" performance is so smooth, silent, and spirited, you've got to try it to believe it! Your Oldsmobile dealer invites you to inspect the new Futuramies—• examine the new "Rocket" Engine—and experience "The New Thrilll" ««^OLDS HO BILE C. C. BOLCH MOTOR CO. 32 West Court St. Phone 126 Marion, N. C.
Marion Progress (Marion, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 13, 1949, edition 1
8
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75