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1
Page Eight
SPEEDBOAT RACES
LAKEVIEW. N. C.
July 13,3 p. m.
Admission 30c & 60c (Tax Included)
SPONSORED BY ^
/
Aberc^een American Legion Post 72
Tobacco Growers Have Much At Stake
In Saturday Vote, Say Farm Leaders
(Continued from Page 1, Sec. 2)
Guaranteed Watch Repairing
Diamonds . . . Watches
Parker & Eversharp Pens
LOWE’S JEWELRY
"YOUR JEWELER"
Marlin St. Carthage, IJ. C.
Floor Sanding and Finishing
WORK GUARANTEED
Call For Free Estimates
TRAVIS WICKER
PINEHURST. 'N. C.
Phone 3155
Box 294
store; Deep River township,
Dowd’s store, Glendon; Ritter’s
township, Highfalls schoolhousd.
Farm leaders are joining in an
all-out appeal 'for a record-
breaking vote'in the" referendum.
Dean I. O. Schaub, director of
the North Carolina State College
Extension service, emphasized
that ,eyery flue-cured grower
should express himself at the
polls, saying, ‘‘I know of no
election that has as much long
time significance to the tobacco
growers.”
“As I see it, we are voting on
something , a lot bigger than
whether or, not we will tax our
selves 10 cents an acre on our
flue-cured crop,” said R. Flake
Shaw, of Greensboro, president
of the North Carolina Farm Bu
reau. “We are voting on whether
or not we will protect the $200
per acre we received from the to
bacco that went for export last
year'. This is too big a thing for
any tobacco grower to dismiss be
cause he is busy.”
Real Strength Needed
Pointing out that this is the
first time farmers have voted in
a tobacco program where “we
are going to do something for
ourselves,” Shaw said that our
Whole tobacco program will be
weakened unless we show real
strength at the polls July 12.
Mrs. ‘ Harry B. Caldwell,
Greensboro, Master of the North
Carolina State Grange, said that
next to July 4, I consider July
12 the most important date for
tobacco growers.”
Pointing out that over 40 per
cent of American flue-cured to
bacco is exported, Mrs. Caldwell
said there “is every reason to be
lieve that foreign consumption of
American grown leaf can be fur
ther increased.”
Carl T. Hicks of Walstonbucg,
president of the 'Tobacco Stabil
ization corporation, reminded
farmers that “it is riot so lorig
back to 1932 when tobacco m
North Carolina sold ah average
price of only $12 a hundred
pourids. I , ^
‘In that year. North* Carolina
sold 281,174,000 pounds of good
bright-tobacco for $33,638,000, an
amount below what the single
county of Lenoir received last
year.”
Hicks said that one reason for
the low I prices in 1932 was that,
“international trade was virtually
at a standstill,” and added, “We
must do all in our power to pro
tect and promote trade with other
countries which last year meant
40 cents out of every dollar flue-
cured growers received for their
crop.” ,
"United Front"
E. Y. Floyd, secretary of Tobac
co Associates, and a lifelong
leader in tobacco, called for a
vote “bigger than ever before”
and adaed, “We must show a
united ;:ront.” , '
J. H.' Vaughn of Elm City, pres
ident of Tobacco Associates, said
the election goes much further
than merely authorizing a tax
contribution that will not be
more than 45 cents per grower.
“We are voting on whether or
not we are going to work for a
continued fair price for tobacco,
and if we have to produce to
bacco at a price that won’t per
mit a decent living for the grow
ers, then we had better not pro
duce it.” '
NON-SUIT TAKEN
A voluntary non-suit was
taken this week in action for
$10,000 instituted recently
against Roy C. Stutts, of Lake-
view, by Norris A. Walker, for
injuries alleged sustained by
Walker during his employment
by Stutts. \
AT THE BEACH
Mr. and Mrs. H. G. Poole of
Carthage and Mr. and Mrs. J. S.
Moffitt of High Poiht spent the
weekend at Holder’s Beach.
THE NEW STORE
Finest Quality of Meats
Groceries and Fruits
OPEN EVENINGS
GARVIN’S GROCERY
MANLY. N. C.
Appeal Is Taken
As Long Deferred
Trial Is Heard
July Clearance of Summer Furniture
And Many Odds and Ends Throughout Our Stock
REPORT OF CONDITION OF
The Citizens Bank & Trust Co.
of Southern Pines in the State of North Carolina at the close of business
on June 30. 1947.
ASSETS
Cash, balances with other banks, including reserve balances, and cash
The case against George E. Mc-
Coll, of Southern Pines and aber-
deen, was finally aired in re
corder’s court last Monday, after
a series of continuations from
July 1, 1946.
Pleading not guilty, he -was
found guilty on a charge of driv
ing while intoxicated and sen
tenced to 60 days on the Toads,
suspended on payment of $50 and
costs, with revocation of his
driver’s license for 12 months.
Lawyers in the case earnestly
contested the court’s decision,
and gave notice of appeal to su
perior court. Bond for McColl
was set at $100.
Family troubles brought sever
al defendants into recorder’s
court. Judgments handed down
in these and other cases wpre as
follows:
items in process of collection
United States Government obligations, direct and guaranteed
Obligations of States and political subdivisions ... ,
Other bonds, notes, and debentures '■
Corporate stocks
Loans and discounts (including no overdrafts) ....
Bank premises owned $15,205.93, furniture and fixtures $3,523.86
(Bank premises owned are subject to no liens)
Other assets
$ 401,636.53
1,738,806.55
72,480.38
72,874.84
1.00
. 702,244.30
18,729.79
9,073.46
TOTAL ASSETS $3,015,846.85
LIABILITIES
Demand deposits of individuals, partnerships, and corporations $1,823,970.64
Time deposits of individuals, .(partnerships, and corporations 625,955.65
Deposits of United States Government J7,514,36
Deposits of States and political subdivisions ^ 278,149.79
Other deposits (certified and officers’-checks, etc.)
TOTAL DEPOSITS ; $2,822,922.23
17,331.79-
Other
liabilities ^
TOTAL
LIABILITIES $2,841,721.76
CAPITAL ACCOUNTS
Capital* :
Surplus ’
Undivided profits r
Reserves (and retirement account for preferred capital)
48,500.00
75,0*80.00
35,580.09
15,045.00
TOTAL
CAPITAL ACCOUNTS 174,125.09
TOTAL LIABILITIES AND CAPITAL ACCOUNTS $3,015,846.85
I
♦This bank’s capital consists of:
First preferred stock with total par value of $23,500, total
retirable value $23,500; Common stock with total par value ,
of $25,000.
MEMORANDA
Assets pledged or assigned to secure liabilities and for other purposes $ 345,620.51
ICC Kennedy, Cashier, of the above-named bank, do solemnly SWEAR
that the’ above statement is true, 'and that it fdlly and correctly represents the
true state of the several matters herein contained and set forth, tp the best of my
knowledge and belief.
C. C. KENNEDY
Correct—Attest:
State of North Carolina, CoUnty of Moore, ss:
Sworn to and subscribed before me this
8th day . of July, 1947, and I hereby certi^
that I am not an officer or director of this
bank.
My commission expires July 17, ,1947.
GENEVA HALL, Notary Public
. N. L. HODGKINS
HOWARD F. BURNS
JOHN M. HOWARTH
Directors
S. M. Bowers, Southern Pines,
abandonment -of wife and three
children and failure to support,
six moriths suspended on payment
of costs and of $15 a week to the
support of the three minor chil
dren until further order of the
court, also Bowers was enjoined
from molesting or interfering
with his w/ife.
W. R. Doby, Vass, assault on
wife and threatening hei^ also
careless and reckless driving, six
months suspended on payment of
costs and $15 a week toward sup
port of his three children, with
conditions of good behavior to
ward his wife and of non-viola
tion of the law during the next
12 months.
jJesse Chisholm, Negro, Sou
thern Pines, assaulting his wife,
60 days suspended on payment of
costi, and on condition he be
good to his' wife from now on;
James Smith, Bear Creek, care
less and reckless driving result
ing in an accident, 30 days -sus
pended, $25 and costs; Arthur
Seajvell, Negro, Carthage, Rt. 1,
simple assault, 30 days suspended
Negro, Pinehurst,, larceny, three
on payment of costs; John Goins,
months suspended on payment of
costs, with an order to refund $20
to A. M. Pressman.
Leon Williams, Steeds, assault
with deadly weapon inflicting
serious - injury, six months sus
pended, $100 and costs, conditions
of good behavior under super
vision of the probation officer
for two years, ordered to pay the
prosecuting witness’ doctor bill;
Herman Webster Denton, San
ford, careless and reckless driv
ing and driving while drunk, 60
days suspended, $100 and costs,
license revoked for 12 months; G.
C. Brown, Robbins, called and
failed, capias issued returnable
next Monday, under $250 bond.
J. V. Turbeville, Robbins,
worthless chepk, six months on
roads suspended on payment of
checks amounting to $983 at the
rate of $50 per month beginning
August 17, with six per cent in
terest, also the court costs, and
on condition that he issape no
worthless checks during the next
five years; Hardy Matthews, Car
thage, false pretense, prs^yi^ for
judgment continued by a^ee-
meot of all parties, on payment of
;costs (this case continued from
JNovember, 1945.)
Tom Hunter, Negro, Pinehurst,
i given a 12 months' sentence for
assault with a deadly weapon,
took an appeal to superior court
; under bond of $500.
St. Patrick, the patron saint of
llreland, was actually a French-
, To make room for fall and
winter merchandise soon
>/^ to arrive we are offering
tremendous savings on
steel chairs, gliders, tables,
porch and lawn furniture,
many floor samples and
one - of - a - kind items.
Now is the time to make
your selsction at a- spocial
low price.
Carthage Furniture Co.
Phc'ne 1
WE DELIVER
Carthage, N. C.
VISIT
VILLAGE GRILL
EAST BHOAD STREET
COMPLETE
BREAKFAST
DINNER
and
SUPPER SERVICE
Business Men's and Women's Lunch
COUNTER SERVICE
for
QUICK LUNCHES
COFFEE - SOFT DRINKS - BEER ^
CIGARS-CIGARETTES
The High Standards of the Village Inn Menns
and Service Will Be Maintained.
Sea Foods
Iman named Succat.
The Kitchen Will Be Under The Snpervision Of
Henry Brower of the Village Inn.
YOU ARE CORDIALLY INVITED TO INSPJlCT
,TH|I UPrTO-TUE MINUTE EQUIPMENT
OF OUR KITCHEN. ^
HOURS 7 A. M. TO 1 A. M.
GEORGE BUTTRY