Newspapers / The Franklin Press and … / April 13, 1939, edition 1 / Page 6
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PAGE SIX THE FRANKLIN PRESS AND THE HIGHLANDS MACONIAN LEGAL ADVERTISING NOTICE OF SALE OF BONDS $35,000 TOWN OF FRANKLIN, NORTH CAROLINA BONDS Sealed bids Will be received until ll o'clock a. m., April 25, 1939, by the undersigned at its ollice in tnc city of Raleigh, N. C, -for the fol lowing bonds of the Town of frank lin, North Carolina, dated May I, 1969 and maturing annually in the years hereinafter .stated, without option of prior, payment : $12,000' Street and Sidewalk im- provement Bonds, maturing :an-' nually $l,t)l)U 1940 to 1947, in clusive, and $2,000 1948 and 1949. $2J,0tXJ Water and Sewer Im provement Bonds, maturing an nually $500 1942 to 1951, and $1,000 1952 to 1909, all inclusive. Denomination $1,000, excepting the first 10 Of the. Water and Sewer improvement Bonds which are $500; principal and interest (M & N 1) payable in lawful money in the Town of Franklin, North Carolina, or, .at the option, of the holders ot said bonds, in New York City ; gen eral obligations; unlimited tax; iXupon bonds not registerable ; de livery at place of purchaser's choice. There will be no auction. A .separate bid for each issue not less than par and accrued . u. Merest) is required. Bidders are re quested to name the interest rate or rates, not exceeding 4' in mul tiples of Ya of 1 'A; each bid may name one rate for part of the bonds of either issue ' (having the earliest maturities) 'and another rate for ihc balance, but no bid may name more than two rates for either i- sue, and each bidder must specity in his bid the amount of bonds of each rate. The bond's will be avvaru eel to the bidder offering to pur chase the bonds at the lowest inter est cast to the Town, such cost to be determined by deducting the total amount of the premium bid from the aggregate amount of in terest upon. all of the bonds until their respective maturities. Bids must be on a form to be furnished with 'additional informa tion by the undersigned, enclosed in a sealed envelope marked "Pro posal for Bonds," and must be ac companied by a certified check up on an incorporated bank or trust! company, payable unconditionally to the order, of the State Treasurer of North Carolina, for $700. The ap proving opinion of Messrs. Storey, Thorndike, Palmer & Dodge, Bost on, Mass., will be furnished the purchaser. The right to reject all bids is reserved. LOCAL GOVERNMENT COMMISSION . By : W. E. Easterling, Secretary of the Commission. A13-ltc Baptists To Build New Church At Highlands By W. A. HAYS President Men's Class The plan to raise funds for the building of a new Baptist church, in Highlands, with adequate class rooms for the bunday school, got off to a flying start Sunday. The plan . was started by the pastor, Mr. Benfield, who proposed that since the weekly operating ex penses of the church can be met with $19.50, that the excess collec tion could be ldac'ed into a build ing fund once a month and the fund would grow quite rapidly especially if the members would agree to bring a tenth of their earnings into the Lord's storehouse as the Bible teachers. During the past week more than 20 church ..members agreed to. tithe, and as a result Sunday's collection was more than $34.00 with two members pledging $100 dollars each to start; the building fund. It is believed that a lovely church, large enough to meet the requirements, for many years, can be built and furnished for less than $25,000. While it is not expected to accomplish a feat of this magni tude overnight, we do know that every member, whether of meager or moderate circumstances, will have a personal and financial inter est in the fulfillment of this dream. The building fund is protected against diversion in that no check against it is valid unless bearing the countersignature of the board of trustees, Harvey Talleyi J. Wt Reese and YVVA. Hays, who were duly elected for this purpose by the church while in conference. Why are there 20 to 30 present in the men's. Sunday school class each Sunday at the Highlands Bap tist church ? Come next Sunday and see for yourself, we'll make you welcome. Special music will be sung' by four church members during Sun day school next Sunday. Singing At Pine Grove Sunday, April 16 The southern " division of the Ma- coiv county singing, convention will meet at the Pine Grove Baptist church Sunday. April 16. at 1 n. nr. Everybody is invited to attend. O. C. Corbin, President. " New "TRUE-TEMP" Control 10 assures CONSTANT lour Food Temperatures I New Westinghouse True-Temp Cold Control obeys your ordersl Simply dial the exact degree of cold you want and it holds it there constantly . . , providing safe low food keeping temperatures in all parts of the refrigerator, regardless of room tem perature. See the new Westinghouse for 1939. Enjoy better food protection. Bryant Furniture Company Franklin, N. C. wmMSH MI West ReaDDointed As Rabies lnsepctor Dr. Ralph D. West has been rer appointed rabies inspector of Ma con county, as shown by the fol lowing statement is sued hv Tlr Philip G. Padgett, county health onicer : "The citizens of Macon county are hereby notified of the reap pointment of R. L. West, register ed veterinarian, as rabies inspector of Macon county, and that ail uog owners are to contact him and have anti-rabic vaccine administered to each of their dogs. Phillip G Padgett, Health Officer, Macon County." The section of the statp law ; regard to the appointment of rah; c inspectors is as follows: It shall be the dutv rf h county health offirpp designate a rabies inspector to r. ry out the provisioas of this law. Preference shall always be given to licensed veterinarians." A fine of not less than m more than $50, or imprisonment for from 10 to 30 days, has been pro vided in the law W all :.r to have their dogs vaccinated, and all citizens of the county who own dogs would do well with Dr West during this month. Franklin Seniors I W. N. C. In Tests In a ser.es of tests giiven to high school seniors several weeks ago, andwh,ch included schools all over the . United States, the seniors of rrankiin high school led all others in Western North Caroling accord ing, to reports. The tests for this section were given by Western Carolina Teachers' college at Cul-lowhee. O. C. Bryant Buys Pender grass Building .0. C. Bryant has bought the Pendergrass home just off the square, now occupied by Mr. and Mrs. G. . G. Watkins, from Mrs. Marie Pendergrass Patrick, , of Waynesville. ' Mr. Bryant states that he may at a later date eauin . the house as a funeral home, but that he intends no alterations at present. More emphasis is being placed by life insurance companies on the making of farm mortgage loans than for more than a decade, re ports the Federal Home Loan Bank Review. Bryant Furniture Co. EVERYTHING FOR THE HOME AT REASONABLE PRICES Phone 106 Franklin, N. C. K SEEDS . A COMPLETE STOCK Lespedeza, Garden Seeds and Grass Seeds. Finest varieties. SEE US BEFORE YOU BUY Macon County Supply Co. LYMAN HIGDON AND HARVE BRYANT. Mm. Hardware, Mill Supplies, Farm Implements FRANKLIN, N. C. REPORT OF CONDITION OF TTIHIIE DBAMK D)F IFmAimiLIIN 4 .... Of Franklin, in the State of North Carolina, at the Close of Business on March 29 th, 1939 ASSETS 2 -'te,Q? "counts (including $............ overdrafts) ....... I ati'i-Z felT"' ligation,,, direct and guaranteed.. wira 4im pomicai suDmvisions ;Vi "CCS W,th her ba.nks- '"eluding reserve balances, and sh' items m process of collection . 7. Bank premises owned $12,695.00, furniture landV fixtures '$1,028.44' '. Ifsutd' (None) liens noi 8. Real estate owned other than tank premises . Ullitl dSMTlS $10563.13 27,051.00 53,211.72 127,380.72 13,723.44 1.684.10 1,076.92 12. TOTAL ASSETS $329,391.03 LIABILITIES 13 Demand deposits of individuals, partnerships, and corporations . 21990104 . sis i &&&rasjtt? S 23. Other liabilities WJHW 4,yo5.6o 24. TOTAL I.IARTT TTT1TC ... . . .: uiLiuuiiiK uuiiKuiKjns SBOwn in ...... $261,801.56 item 33) CAPITAL ACCOUNT . 25. Capitalf 26. Surnluo ' . 27. UndividH nrnfito 28. Reserves (and retirement' account for 'preferred' capital) ' . '. ". ". '. ; $37,000.00 20,500.00 J.089.47 7,000.00 29. it TOTAL CAPITAL ACCOUNT $67,589.47 fes bakV stock with total par Value of KS.666.ba , ' $............; and common MEMORANDA 31. Pledged assets (and securities loaned) (book value) (a) U. S. Government obligations, direct and guaranteed, pledged to . secure deposits and other liabilities i ..Pa .. :$li nnftm (b) Other assets pledged to secure deposits and other liabilities' (in- U,UUUUU eluding notes and bills rediscounted and securities sold Jdtr iwuiuiajc asiccHiciii; , , . fWY) (Yi v c (ei PTAL oc. becured and oreferred Kahilitic . (a)ifeiawtS Secured by P,edKed assets pursuant to requirement (e) TOTAL $45,000.00 $23,355.83 1,129.84 34. (a SisfinVwas6 required lcgAl rscrve against deposits of" (b) iSJL" ich ' we're " eligibVe 'as" ie'gai ' Vesme $24,485.67 $38,522.33 . 127J80 72 cto-1, H-W. Cabe, Caihier, of the above-n-amed bank, do solemnly swear that th ahnv. statement is I true, and that it fully and correctly represent! th several matters herein contained anset for g XSSt of Vlid bettdf Correct-Attest: x H. W. CABE, Cashier s W. A. ROGERS. Director R. S. JONES, Director Stat. North Ch,1! GROVER JAMISON. Director. County of Macdxn. Sworn to and subscribed before me this 11th day of Aoril 1010 t-u A certify that I am not an officer or director orthiriank. by My Commission expires December 21. 194a L ' HENRY. No Public.
The Franklin Press and the Highlands Maconian (Franklin, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 13, 1939, edition 1
6
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