Newspapers / The Enterprise (Williamston, N.C.) / July 14, 1922, edition 1 / Page 1
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* J ' Advertleera Will MM Oar ColißM a Latch ley to 1500 of Martin County's Home* VOLUME 23—NUMBER 54 Williamston, Martin County, North Carolina, Friday, July 14, 1922- ESTABLISHED 1898 Potatoes Sell Much Higher On The Organized. Markets . •» In the Unii-ed States Market News Service of July 11th, the report show* shipments of potatoes for the season to date, old crop 237,739 car loads, new crop, 34830 car loads against last season same date 200,000 cars old crop anil 28,168 cars new crop, mak ing an increase in shipment of 43,- 895 cam The prices quoted on the New York market are Virginia's Eastern Shora $3.75 to $4.00, Noifolk section |3.00 to $3,26 and North Carolina's crop $3.00 to $3.26 per barrel. So far as we know the potatoes grown in the Norfolk section and in Eastern Caro lina are as good as are grown in any section of the entire world and the only reason why The Eastern Shore potatoes sell higher on the same mar ketihe same da/ is that they are back edby a Farmers Cooperative Associ ation. The farmers in that section of Virginia ind Maryland wore a few years back a very delnpidatcd bunch measured in real prosperity. Every fellow was "beating along" in the same old way that we and most other _ farmers.every where are doing and have always dono Then the farmers begun to do a little thinking and look ing around. They would ship a bushel of potatoes and a basket of tomatoes to New Yo:k and the next day when they dropped into a hotel for dinner in that city and found that a seivim of tomatoes and two small potatoes cost them more than the entire bushel of potatoes and tomatoes brought them, it was of course enough to make them think and they thought. They'said, "Somebody has 'shore' skinned us." They went back to the old farm and talked to their neighbors and among themselves about how high potatoes and tomatoes are. the fabu lous prices paid in hotels for the articles they themselves produced and received less for than enough to pay for the seed, the fertilizers, packages and freight. - Agreat gathering was had and all the neighbors came in as one man and said thai we will all stand or fall to gether. We wil, sejl. our crops col lectively. We will not stand on the docks and cut each others throats. In fact they organised. They are today getting 76c per barrel I more for their potatoes than \ye are. If 40 barretlK is a fair yield they gel Just $30.00 more per acre for the use of their land than the Norfolk or Carolina iarmers. Ask anybody who knows the Lastem Shore of Virginia how those furmers are now getting along. Sever al residents of Williamston are East ern Shore citizens, ask them if they have farmers there who formed As sociations for marketing their crops several years ago and have found it good. CASHIER OF STATESVILLE FOUND SHORT IN At COUNTS Statesville, N. C.July id.-- C. L. l'enuington, assistant ctutluer oi Uie -t list National liank of MalettVitle Ute today fired a bullet ttirough Jus iui mi at his home here and ut-d 4h minutes later, i'he tragedy follow el tmlnMllMOineilt tinluy ..I y .|||,.l|H(J III' approximately $86,000 in accounts of Cashier J. W. Guy, Sr. The announcement of the shortage was made by a national bank cxamin oi. Upon receiving this in'oimation . the officers and directors made pro visions to protect all patrons ugaiifct any loss. • The condition of the bank came us a surprise both to the public and tho * directors. Twice this year an examin er had been over the affairs of the institution and reported everything all light.' The shortage, it is said, extends over a period of years. The report made to the comptrolled of the cur rency of the condition of business as of June 30 by the bank showed total resources of $964,233.58. President R. A. Cooper assumed the duties of cashier, and the bank is being operated as usual. The di rectors state that the stock in this bank is absolutely worth one hundred cents on the dollar, and the depositors are fully protected against any loss whatever. NOTICE To the citizens of Williamston: I hereby notify yot\ that you must have your eutpmobiles and trucks properly licensed by the State of North Carolina on or before July 20, 1922, or the penalty wiH be added. H. T. ROBERSON, Sheriff. C. F. PAGE, C. Police. Tan lac can bring health to yon U it has to thousands of others. Sold by Dr. J. B. H. Knight, Williams ton, N. a \" THE ENTERPRISE BANK STATEMENTS SHOW IMPROVEMENT A glance at the bank statements of the county in this issue will 6how much improvement over the one lost year. This applies especially to the amount of cash on hand which is mone thnn in 1921 and bills payable which are greatly reduced. It will bo seen that two banks of the county had no bills payable on June 30th, which is a remarkable showing. CHILE UD.milf; ; SEITLE DISPUTE AQNItMENT PINALIV REACHED IN QENBRATION-OLD CONTROVERSY IN CONFERENCftIGHT WEEKS denerally Considered as Vlotory Per Conference Plan ef International j Relations. Washington. Having at lees* reached aa agreement to arbitrate the; generation-old dispute ever Taona- Arlca. the representatives of Ohlle sad Peru made plans to bring to ft! quirk conclusion the oonferenee which they began here eight week* ago ati the lnvltatloa of President Harding. None ef the points remaining to be settled. It was agreed en beth sides, were of inch a oharaoter as to cause further extended debate or to endan ger the aocord already reached en the mala Issue Another week or teal day*. It was predicted generally, 1 should see the negotiations Anally ter minated. The arbitration agreement assured when Ohlle accepted the Aiaerleaa ooiupromise proposal as modified at the request of Peru, was hailed by plenipotentiaries ef both govern- 1 meets as a long forward step In Latin-' American amity. By removing an lr° rltatten whleh has estranged Santiago and Lima fer Us past M ysars, the settle* sat wns regarded among Ohitt eaas and Peruvians alike as meaning! not only a new Ohllean-Peruvian ao-* odrd. hat ae enerttfslag a beaefloenl] Influence that will be felt throughout, the length and hreedth of flouth Asa-' erica. By officials ef the Cnlted States, who will aot as srbltmtor under the sgreement, end later, under certain oenttngeneles will exerclss "good ot flees'' In Insuring a final and com plete reapproaohment, the result of the negotlatloae here wee character ised aa aaother victory fer the "con ference plan" of lntsraatlonal asgotla llon and as a further of the dlslntereeted manner u which the Waahlngton government Is striving for peace and understanding among the American republics. Improvement In General Buelneae. " New York—While the holidays have served to obscure As tread la business aad flnapaa during the last. week, the available evidence Ihdlcatea a oontlnaatlon of the Improvement In geperal buslneap. The neenrltles mar kets have ooatlnned to show consid erable Irregularity, hut the tendency has been on the Whole, toward higher prices. Call money has bssn a varia ble factor aad the reserve ratio of the oomblned federal reserve system has fnllsn fer the stoond oonssoatlve week. The normally heavy demand for currency in connection with the early July holidays has, however, caused ths latest desllae In ratio, and the real tendency ef money rates dur ing the month remains to he dlsoleeed. No falling off is discardable, mesa whlls, in the demand for steel, de spite the fsot that the pig lren output fer June set a" new high rooord tor the year, a dally average of 78,700 tons, comparing with 74,400 tone la May and 11,100 tons la January. Load ings of railroad ears have also risen to a now high reoord. Thue for ths week ending June 34 the total Is 178,000 cars, er 17,000 more than In the previous week, and 11,000 more than In the week Immediately preced ing the coal strike, although loadings of ooal care In that week ran 108.000 higher than In the one ending June t4. Other signs of Increasing stability !• buslnsss are furnished by Armases fa the gsneral level of commodity prleee end a continuation of the fall ing eft la the volume of buslnsss failures. Dun's Index of wbolesals prises rose t.2 per oeat dating June, with nil ssven groups ef constituent commodities participating In the ad vance, Commercial failures as report ed by the same agency, declined to 1,740, which Is 120 lees than la any moath ef the year. Liabilities iavolv sd tell off In similar measure, tlkese facts lllutreted apparently the grow lag safety of doing buslnsss and sx plaln the increase In confidence lately .• - - »'— . .. r v — •• --s • UUIAN RUSSELL AS LAST SEEN BY CAMHtA I Lillian Russell (Mrs. Alexander P. Moore), the celebrated stage beauty, has passed on, but we still have her picture to remind us of her great charm. The above is new and unusually charming por trait which was made in England 'during her recent visit ■ there as Special Commissioner on Immigra-] tion. DEATH OF W. GURGANUS Wiley Gurganus died on July 12th after suffering from an attack of paralysis for five weeks. He was the! son of David and Anna Biggs Gurgan us, and wus seventy four years old. He first married Parthie Whi taker of Beaufort, county, moved to South Carolina and lived there for more than a guarter of a century where his wife and four children died. A bout nine years ago he returned and has sinceil lived with ltis brother, Eli Gurganus, looking after |»is f:\rtm and stock raising until a year iu'o he married Mrs. Nancy Cherry who' with grandson, one brother, Eli and two sisters, Mrs. David W. Stalls and Mrs. J. S. Peel survive him. He had been a member of the Cap tist Church for more than forty years. He war. buried in the Baptist cemetery, the funeral rites being per formed by Reverends A. V. Joyner and L. C. Larkin. Publishers In Annual Meet. Ashevllle.—Adoption of resolutions la honor of Edward W. Barrett, pub lisher of ths Birmingham Age IK raid, who died suddenly In Birmingham, was the first action of the convention f ef the Southern Newspaper Publish , era' Association, at ths opening of ths I first session here which was attended ' by mors than 100 newspaper owners and managers representing all of the 18 states of the south. The address of the presldont, W. A. Blllott, general manager of the Jack sonvllle (Fls,) Times Union, and ths report of the secretary-treasurer, Wal ter O. Johnson, general manager or the Chattanooga News, both gave In dications of a successful year's work la the 8. N. P. A. Advertising and Its relation to news paper publication, fhe situation In the news prlat market, with especial reference to Alaskan timber lands as a source for wood pulp for the manu facture ef news print paper, the new department of Journalism to be kjiowo as the Robert 81. Lee Memorial School of Journalism at Washington and Lee University, were the topics of leading interest in the Informal discussion llmultanaously with ths meeting ef the 8. N. P. A. nkemberl 51 His Sue thern Council, American Association ef Advertising Agencies are conduct ing their annual gathering with about twenty participating. Orders Expreas Rate Iqulry. Washington.^—Notice was given by the Interstate Commerce Commission that an Investigation would be Insti tuted Immediately Into tha reason ableness of aalstlng express rates la all parts of ths country. Hearings will be fixed later, the order said, and a plant ot procedure outlined Through freight ratee were reduced generally ten per cent from the high est levels reached during the war on . July 1, express qptes havs been main tained substantially unchanged since 1920. A considerable number of com plalnts Involving express charges hafe been pending before the com mission Large Seaplanes Being Utilized. Washington. Use of large ses planes for transportation of men and material between the various naval air | stations on the Atlantic seaboard and the gulf coast has resulted In Increas ' ed speed, efficiency and economy In i that service, the bureau of aeronautlos of the nary announaed. During the past week the No9 l the i largest seaplane In the naval air aer , vice, was sent from Hampton Roads to Philadelphia carrying a osmple | meat of 20 officers and man. . NOTICE i ■ ' We wil run our mdrkot only Fri days as the road building blocks the II days as the orad building blocks tha . 1 traffic. . t J Respectfully, J I NEWTON AND MANNIG 7 ... _ ,_TT . BETTER FARMING IS . WAY TO PROSPERITY By C. B. Williams There can hardly be a shadow of doubt but what thefira t and most important factor in the development of the farm home, the rural church and m the betterment of Bchools and health & the country, is that of mak ing farming pay better. .To do this, it is obviously necessary to increase our acreage production in the State at a minimum cost and at the same time secure ot least reason&Dly fair returns from the crops produced. Poor homes, iua'(equate church aiu. school facilities arc more prevalent than we should like to see them in North Caro lina, because of ihe fact that so many of our farms are producing such poor yields and net returns for the efforts put into their operations. During »he past few years in our visits to different sections of the State we have been struck vory much with the marked correlation between the ;>rouv'Ctlveness of the .--oil and the character of the farm homes and their surroundings; schools and churches; with the healthfulness of the families ;J and with the educational qualifications of the people. In close proximity to such areas, it is not uncommon to find other areos sparsely settled with the people living in humble homes without heautiflcation and vrith their chil dren not permitted oto enjoy social, religious and educationul advantages as do the communities established on more productive lands. The underly ing conditions largely causing these liffsrenees is not hard to find. My observations aiv, tlfot to a large ex tent they a»o.fundamentally connected with differences in the productiveness of the soils of these different com munities. Doee rot this Ihen, unmis takably point to the fact that the greatest and most fundarnentl neces sity of Norlh Carolina farming is . that of securing and applying infor mation that will aid in the economic building up of the productivenes of soils of the State? No Community, Stnte ov Nation .Impendent upon its HgnieOltffVe, can prosper when its soils re not productive. North Carolina farming, in a gener al way, therefore, cannot be profit able! unless goodly acreage yields arc iecuied and at economic costs per unit No amount of temporizing along other lines in a broad way can bring pros '' nerity to the masses of our people on the farm. Year in and year out, where formers do not get goodly yields of (heir crops, It is not possible to se cure large returns for labor and ex penses put Into thei rproduction, It matters not how favorable [>rives may ordinarily b.\ It is evident, therefore, from the foregoing that Norlh Carolina farm ers must have economic production and in order M secure this they must have more productive soils so that 'arger acre yields may be secured. For the average farmer, one of the most economical means to aid in build in!? up soil fertility is by the adoption of suitable cror, rotations on every farm in which legumes enter, and to , utilize the legumes after growth in ■ such a way so that they will oid in building up organic matter and nitro ! gen supplies '>f the soil. On the gener- H IT farm, trwtll liuve to be seen to that a portion at least of the legumes growth go back Into the soil direct. No one ran, or has ever been able to remove them from the land, and have their growth on th' field benefit that field in a permanent way. It cannot 1* done Again, after the erops have been produceo, steps must be taken by farmers to see that the very best re turns are secured for them. MRS. BKLINDA SIMPSON DEAD Mrs. Belinda F. Simpson of Jamet ville died at the summer home of her Bon, Fred Simpson, jit Virginia Beach Tuesday evening. She was only sick a few moments and had a slight case of nausea during the afternoon, but was apparently recovered until a few moments before her death. Mrs. Simpson, seventy two years old, was the widow of E. N. Simpson who died about six years ago. After the death of her husband she left her farm near Jamesville and made her home with her daughter, Mrs. C. 1 A. Askew. She leaves beside Mrs. As kew two sons, Mr. Fred Simpson of Norfolk und Virginia Beach and Mr. Charlie Simpson of Greensboro. She also leaves two brothers, Mr. Jiro. F. Hanlistr. of Jomesville and Mr. S. Staten Ilardisor of Virginia Beach. The funeral was conducted by Rev. O. W. Sawyer, Pastor o fthe Baptist Church of which she had long been a i member. She was burled In the Cedar ) Branch Church yard on .Thursday af , ternoon. * \ SUBSCRIBE TO THE ENTKBPRISE *I (: » , ~ U ; . ttf-K V ' L'l ! u „ Lai • i i.—a ocal News and Personal Mention Mr. and Mi's. W. B. Watts and children of Norfolk are visiting Mr. and Mrs. J. W. Watts. • • • • Messrs. C. F. Outlaw of Wilmington and C. C. Ware of Wilson were in town Wednesday night. • • • • Mr. R. W. Hicks, jr. of Wilmington was a business visitor in town yester day. • • ♦ • Dr. and Mrs. B. L. Long of Hamil ton are in town today. • • • • Mr. Clarence Latham, Chief State Bank Examiner is in town today. V • • • • Mr. Harry A. Biggs is at Morehead City this week to be with the boys who are in training there. • • • • Mrs. Sallie Biggs left this morning for Waynesville. • • • • Miss Sallie Brown is visi; Gordon James in Norfolk. • • • • Messrs. Bonny Lilley and S. T.j I Jackson of Jamesville were in t Thursday. • • • • I)r. W., H. Harrell, U. S. N. is at home visiting relatives before leaving for two years in Haiti. • • • • Mr. Wheeler Martin left today for Wake Forest. When he returns Mr». Martin and son, Wheeler, jr. will ac company him. • • • • Mrs. Fowden, Mrs. Warren Riggs and Miss Anna Crawford left this morning for Western North Carolina. 4k • • • * Mr. and Mrs. William K. Parker will return Sundriy from Virginia Beach where they have been spend ing severi.l days. • • • • Mrs. Matthew Nicholson and Mr. and Mrs. Ronald Ward left this fornlng by motor for Roper where they will visit Mr. Charlie Mizclle for a week. • • • • Messrs. Q. Gregory, S. M. Cary and N. L. Stedman of Halifax, W. H. White and J. E. Shield of Scotland Neck and (J. T. Andrews of Enfield were in town yesterday. • • • • Rev. and Mis. A. V. Joyner and children, Margaret, Rena Forest and Raymond returned Wednesday from Waynesville where they have been for several weeks. • • • • Mrs. John L. Rogerson went to Park View Hospital in Rocky Mount Wednesday for treatment. She was acocmpanied by Mr. Rogerson and Dr. Hugh B. York. • • • • Miss Mary Glady Walts entertain ed with a Gypsy Tea at Daniel and Staton's Mill Saturday afternoon In honor of her house guests, Misses Helen Mitchell of Klnston, and Miss , Cawthorne of Littleton. ••• • • , Latest reports from the boys at Camp Glenn are that they are work ! ing hard and getting a concentrated dose of real army life. Some of our boys don't miss much of being tender foots and a little man's work will be h gooj for them v . Te • • • Mrs. Mary H. Weathers of Selma, , Dr. J. B. H. Knight's only sister, had ; the misfortune on Tuesday evening to get hv left hand so smashed and mutilated that it had to be amputated , at the wrist. She was otherwise In > Jured so that she is suffering terribly^ MRS. MOLLIE JOHNSON DEAD i Mrs. Mollie Johnson, one Hamilton*!/ oldest and most respected citizens . died Wednesday at the age of seventy . six. She had been an Invalid for many l years, suffering from chronic heart disease, which was the cause of her • death. Her husband, hte late Asa i Johnson died some twenty five years - ago, since which time she has lived with her only children, Miss Vivian ( Johnson and Mr. Asa Johnson. She ( was buried in the Hamilton Cemetery . Thursday. The funeral serives were held by Elder John Harrell of the j Primitive Baptist Church, of which she had been a member for many | years. r PREBYTERIAN SERVICES ON \ THIRD SUNDAY Rev. J. T. Wildman will preach in . Hasaell in the morning, and at Par . melee at night This in place of the t regular fourth Sunday services when i he will be away at Henderson in a r meeting. - Sunday School at Roanoke and at Peel school house In the afternoon. ! SUBSCRIBE TO THE ENTERPRISE r * * i, • *IOO,OOO PAID FOR 1 Wil l IB KAMM ■ B i i A record price Of fTOO.OOQ wafl paid by the Chicago Whit* Sax torn Willie Ktmra of the San Prassteod Club. Kimm is rated a* the creates! shird baseman in the -minon. H| •uus to.be hapoy in the oktuiA. NEWS | Mr. ltoscoe otullings wus in town Wednesday attending to business mut ters. Miss Lena 11 low u enlevt uned u number of friends Saturday night. Those present were Misses Lillie bell und Mamie brown, t arrie Sexton, Lizzie and Bessie Miaelle Mildred Lewis, Essie Brow.i und Mamie Clyde Langely, Messrs Ourlj(le lungely, Hurry Moore, ltobeit Miielle Bennio Lilley, Oscar Brown, Floyd Hurdison and A. J. liolliday. Mr. I*. M. liolliday motored to Washington county Monday. Miss Sudie Martin in visiting her sister, Mrs. Archie Modlin th.s week. Missus Lillle iiell and Mamie llrown and Messrs. Tom Harden, Julian Pa gan and Carlyle Langley wore the guests of Miss Carrie Sexton Saturday afternoon. Misses Martha ami Delia Kate Ward, of Kocky Mount, are visiting relatives this week. I Mess.a. Johnson Corey and W. W. Koberson wore here on bu.uneaa Mon i J»y. I Messrs. Johnson Corey and Wcmfw Messrs. N. b. Lilley, Hoyt Barber, Noah Koberson and J. W| Martin I we>u in towu Tuesday. ' Mr. Charlie Ulount of Koper wii* ' the guest of Miss Lillio bell Brown Sunday. Mr. and Mrs. W. W. Waters niotor e dto WiUiamston Monday. Mr. J. ft. White is *in town this i week. ~ Miss Mutlie ltoberuon and Mr. bill Harrison were tho guests of Miss Carrie Sexton Sunday. Mr. J. A. Cetsinger of Hardens and I Mr. J. J. Koberaon of (irifflns Town -1 ship were buslnea visitors in town 1 Tuesday. 1 Messrs. Hairy Moore and Carlyle ijttngley left Monday for Wilson. Mr. Vernoi Jaekson motored in the country Tuesday afternoon on a busl- I nesa trip. Mr. and Mrs. K. O. Martin und children left Wednesday for Goldsboro , und Seven Springs. They will bo the guests of Mr. Outlaw while i»-Colds boro. Miss Mamie brown and aCrrle Sex- I ton wil sell ice cream at Mr. Z. Z. i Price's store Saturday afternoon July I ÜBth for the benefit of Cedar Branch I Lhurch. The public la asked to patro ftiize them. J Messrs. Windell Ham lion and J. E. White motored to Plymouth Wednes day afternoon. Messrs. Slyvester Davis and Her -1 bert Jenkins were business visitors in 1 town Wednesday. Messrs. 8. T. Jackson and RobertJ Daws motored to Washington thla : we#t _sj/ A GREAT NUISANCE Tho running of motor cars of all kinds in WiUiamston with cut outs opened seems to be a fuvorite pas time with lots of youngsters and somle older people who are supposed to know better. Sick people are constantly annoyed by this nuisance. The worst feature.it- it is that boys and girls are foolish enough to think it is fun to put the cut out on and off alternately every second, making ones head feel like its is a cyclone. It would be a nice thing if all drivers 1 would govern themselves lietter and ' if not perhaps it would be a good ' thing if the police would take the i matter up. \.- H > A. J. Livingston, living near Ash- I land City, Tennessee aays, "1 feel like going from house to house and toll ing the people about Tanlac." Sold by ! Dr. J. B. H. Knight, WiUiamston, N, - . . ~ri •■. _ \ * IV TOm 4mUT QUICK RESULTS ÜB> A WHIT AD IN TUB KNTSXPSISB WHOSE BUSINESS IS IT TO CHECK THE TIDE? In your lust issue I noticed you asked fathers and mothers this J question, "VShoso business is it to check up the present generation?" I for one must answer that 1 don't know. We all know tl.at a job of gigantic proportion sadly needs doing. The Church, if indeeu it has every earnestly tackled it, ha* failed. The school whose business should be to train the youth and instill within it a love of right and decency has in s great measure failed. The home, the great ciadle of the nation, has also failed. What then is there to try next ? 1 think it is mi atly a desire to be popular and to keep up with the crowd, regardless of what the crowd is doing or where it Is going, that has resulted in the present state of affairs. All living things, whether they be hogs, cattle, crows or people have leaders, some member of when the crowd accept as their and example maker. Have our leaders led us to where we are at present 1 1 think so. Mollie thinks it all right to go swimming almost nude with a crowd of men because Jane do as. John pre* tends to believe that it is fine to gamble, drink and Indulge in all man ner of vices because Hurry does, and Harry is certainly considered a fine young n. an. Try to convince them that deeds are unworthy to say the least und you only succeed In mkaing them fighting mad and your enemlee for life. Why Jane does so and sol Harry does so and sol They are all right what harm can It be for met It la strange, yet true that we se lect such people as Juno and Harry for our leaders. De we atop to abhor, then pity and finally embrace T Or do wo embrace at any and every op portunity ? ltome was changed and so will we be but who will accomplish it how or when 1 cannot say t It is u big job— big enough for everybody and should be everybody's business, but ss the old adage runs, "What is everybody's business results in being nobody's business?" PICNIC AT BIG MILL ; The Modern Woodmen and Chris tian Sunday School piciucers enjoyed themselves at Daniel wid Staton's Mill Wednesday where neighbors and friends big, little, old and young from town and county met and mingled to gether. l'he tables Indicuted great prosperity, for food wan in abundance I he mingling of people iu always help ful, It makes better friends und neigh bors, creates a better understanding between people and la up.ifting gener ally. After dinner Mr. Tremain, State Deputy of Modtrn Woodmen of America with headquarters at Wins ton-Salem mado a good tpeech on the great work that the organization has and is accomplishing. Jathing was one of the happy past-times for both young and old. | METHODIST CHURCH SERVICES SUNDAY JULY 16TH Sunday School at 9:41 i a. m. j Sermon at 11:00 o'clock. Evening service at regular hour. L. C. LA H KIN, Pastor. Will in mston, N. C. July 10, 1922. To the Stockholders, Depositors, and other friends of the People* Bank because of the Inconvenience of see ing you in person, I Uk« this m—in of expressing to each of you my thanks and keen appreciation of you confidence in me in recommending my appointment as permanent receiver for the Peoples Bank. Such confidence will be an inspiration to me in wind ing up the affairs of the bank. In this connection, you may be assured that it is my purpose and intention to realise every dollar possible out of the assets of the Bank and to pay as promptly as practicable, as far as posible, the creditors and the deposi tors of the Bank. In this connection further „I bespeak now the continued co-operation of those interested, and at the same time desire to serve notice on those indebted to the hank to make arrangements to pay their In debtedness as soon as possible, to the end that cerditora end depositors may be settled with. It Is my purpose aad intention not to embarrass or work any hardship other than may be re quired by tho Court. With full co operation upon the part of debtors and creditors aad other parties inter ested, better results will be obtained. Again expressing my appreciation of your confidence and assuring you that I will do my boat, I beg to r»* mala j . ' Yours very truly, f J. a STATON, Receiver, j j
The Enterprise (Williamston, N.C.)
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July 14, 1922, edition 1
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