< BREVARD BANK
five Stockholder* Own
Jag $115,000 Capital Stock,
Must Pay Full Amount
SATURDAY, JUNE 13, IS
FINAL DATE TO PAY
Judgments to be Filed Against
Those Who Fail To
Assessment for full value of stock
held has been made against the stock
holders of the Brevard Banking com
pany, and notice is given that pay
ment of same must be made on or be
fore the 13th day of this month.
Judgments will be entered in the:
amounts against those failing to make
settlement, it is said. There are
55 stockholders owning the $115,000:
stock of the bank, according to the
books of the company as of December (
15, 1930, when the bank closed.
Strenuous efforts have been made
by many interested citizens to have
the bank ru-organized and re-opened,
under plans that would have called
for an assessment of only $35,000
against the stockholders. An agree
ment had been drawn between the de
positors and others interested that
called for placing of $35,000 in cash |
in the bank, this to be done by the
stockholders, while depositors in the
agreement were to "freeze" 70 per i
cent of their deposits for a given time,
and place the remaining 30 per cent
in a surplus fund.
This work was handicapped during
the past several weeks because of the
prolonged session of the North Caro-j
Jina legislature, during which time r
there was no official in active charge
of the banking department of the
state. A new banking commission had
been created, taking the banking su
pervision from the corporation com
mission and placing it in the hands of
the new commission. This new com
mission could not begin functioning
until adjournment of the legislature. !
This condition is said to be largely :
responsible for the fact that efforts :
to re-organize the bank here met with
Assessment of the stockholders, wiin
demand for payment of the amounts
of $100 on each share of stock held by
each one, comes as a climax to the
multiplied troubles of many of the
best known citizens of the community, j
Following is a list of the stockhold
ers in the Brevard Banking company,
together with the number of shares i
held by each, as taken from the re
port of the auditors who had charge
of the work under the Corporation
Allison, J. M 12
Ashworth, Clyde 5
Ashworth, W. S 26
Bell, Georgia 11 .
Bishop, W. E. estate 2
Breese, Robt. H 3
Carrier, Mrs. N. B. C 100 .
Clarke, Harry P 20
Clement, F. D 2,
Clough, L. S., Land & Timber Co. 40 1
Deaver, Robt. R., Jr 140 i
Deaver, R. R 1 .
Deaver, Julia 5
Edgerton, B. T 20 j
English, E. S. 22
Everett, R. W 50
Fowler, Cordelia E. ... 10 '
Galloway, Welch 5
Galloway, Mrs. Welch 5
Gravely, W. E 5
Harris, Mrs. Ethel 19
Henry, W. M 20
Jenkins, A. N 9
Jenkins, F. E. B 20
Lvday, W. M 10
McCall, Crate 25 !
McN'eely, C. R 10 1
Macfie. Mary Ashe 10
Maxwell, G. W 15
Moore, V. C 10
Mull, W. L 6
Nichols, Z. W 20.
Olney, W. H 10
. Orr, Chas. E 25
k Oct, O. H 8 ;
[ Patton, Mrs. Edith 19 .
Patton, Mrs. Robt E 13
Pa*ton, Ernest 7 :
Paxton, G. H 6
Plummer, H. A 10 j
Ray, W. W 22 .
Ritchie, Louise 3 (
Shaffer, Eugene A., Trustee 56 i
Shipman, Elizabeth B 14 '
Shipman, Thos. H 78
Silversteen, Elizabeth M. 5
Silversteen, Jos. S 80
> Xrantham, Mrs. Bertha 19
SH^owbridge,. C. H 1
j^A-bridge, Julia A 2
T?d, D. S 5
Ward, Jessie Chapman 5
Wachovia Bank & Trust Co., Trus
tee (Weilt Estate) 45
White, A. M 23
Wilson, Jack 1
Yongue, C. C 35
ELECTION OF OFFICERS AT
MASONIC LODGE THIS FRIDAY
. Officers for the coming Masonic
year will be elected at the regular
communication to be held at Dunn's
Rock Lodge this Friday evening.
Present officers are: Master, Ralph
Osborne; Senior Warden, James F.
Barrett; Junior Warden, -James I.
Crawford; Secretary, Jerry Jerome;
Treasurer. A. N. Jenkins; Senior
Deacon. D. T *on Enerlish, Jr.; Jun
ior Deacon, Henry Henderson.
STATE HEADS MAKE
STUDY OF NEW LAW
DURING PAST WEEK
Many Important Changes In
Time for Study
SCHOOL. OFFICIALS TO GO
SLOW ON EXPENDITURES
Recognized That State Will
i Show Deficit In Operation
of the Schools
| Raleigh, Juno 9. ? Hundreds of
, school officials from the counties of
the State met last Thursday with
Superintendent A. T. Allen, and dis
cussed in detail the new school law.
Hundreds of questions were asked
by the various superintendents about
the new law, especially as to the
changes it would make in the pre
cedure in the various counties in mak
ing up the budgets, and the various
details were explained by Dr. Allen.
Applies to Short Term, Only
The new law applies to the opera
tion of the six-months term only, Dr.
Allen pointed out, so that the coun
ties and districts that have more
than a six-months term will provide
for the extended term just as they
have in the past. He also pointed out
that the State will pay only the cur
rent expense budget of the six months 1
school term and that the capital out
lay and extended term budgets must
be taken care of by the county com
missioners with additional tax levies.
Before any of the counties or
county superintendents will be able
to know just how much of the $16,
000,000 six-months school money they
will be able to get from the State,
they must first fill out the prelim
inary organization blanks that will |
be sent them in a few days by the '
Board of Equalization. On these '
blanks each county superintendent ,
must first show the number of schools j
in the county, the number of pupils
enrolled and the average daily at
tendance in each school, as well as ,
the number of teachers in each ;
school. This time the superintend- '
ents will also be asked to attach a
map of the county road system, show- (
ing the location of each school in the |
county, the type of highway each is
on, and the distance to the other
schools in the county.
"We believe this map is going to
be a very important and helpful ad- 1
junct to the organization report, i]
since it will enable the Board of
Equalization to decide on whether ji
or not certain schools shall be con- 1
tinued or whether they shall be con- 1 j
solidated with other larger schools,"' 1
said LeRoy Martin, secretary of the S
board. "For under the new law, the i
board has authority to discontinue J
schools and consolidate them with (
others whenever this is found to be j
more economical. I
"For instance, if the board finds a;l
three-teacher school operating six '
miles from one consolidated school ?
and eight miles from another, and,]
that the pupils in this school can be <
taken care of by dividing them up,i
between these other two schools with ^
the addition of only one more teach- s
er to one of these schools, it will un- :
doubtedly be more economical to dis- !i
continue the small school, and this ,1
will be done."
As soon as these organization
sheets have been received from the
county superintendents, they will be;
analyzed by the Board of Equaliza- '
tion and the number of teachers to
which each county will be entitled un
der the new law determined. This in
formation will then be sent back to
the county superintendents, who will
then be able to determine just how
much money they will be able to ex-jj
pert from the State, since this is has- 1?
ed ent'rely on the number of teachers;
and the number of school children to .
be transported. <
Counties May Supplement Funds
If the county superintendents want
more teachers and a larger allowance
for transportation than the State';
will pay for, they must then prepare
their supplementary budgets for an
additional tax levy. These budgets (
must be approved by the county
board of education, the board of coun- (
ty commissioners and the board of .
equalization, before the additional
tax can be levied.
Several county superintendents
stated that their county boards of
education and county commissioners
have already tentatively agreed to
approve a supplementary budget to
keep the county schools on virtually
j their present basis of -efficiency, but
;that these supplementary budgets
' cannot be determined until they are
? able to learn how much they will get
!from the State. They ask that the
'machinery be speeded up as rapidly
! as possible, since the time is short.
| Dr. Allen said that the whole mat
jter will be handled as rapidly as pos
sible, but that the whole procedure
is now fully two months behind sche
'dule becauso of the long session of
. the General Assembly and its failure
'to pass the new school machinery leg
islation until late in May. He said
jthat the budget forms and other
[blanks would be sent out as soon as
| possible, however. Bu? it may be the
'middle or latter part of July before
' all the budgets can be examined, com
[puted and approved, he warned them.
[ A majority of the county and city
( Continued on page four)
COUNTY LOSES IN LIVESTOCK
AND IN ACREAGE CULTIVATION
Washington, D. C., June 6.?J Ww
following statement, issued by the di
rector of the census, gives somt of
the results of the 1980 farm cepsus
for Transylvania county, North Car
olina, with comparative data for 1926
and 1920 for selected items. The iJ30
figures are preliminary and subject to
(1980 census taken April 1 and the
1926 and 1920 censuses, January 1.) J
Farm Average And Value*
Number of farms i . . .
Acreage of all land in farms
Average acres per farm ...
Value of land ana bulldingn
Land alone i . . .
Value of implements and machinery.
Average value of land and buildings
Per farm \ .
Selected Crops 1929 1924
Porn harvested for
grain 6,505 8,167
Rye 545 1,122
Hay 1,827 2,160
Potatoes (Irish or
white) 366 888
Unit 1929 1924 1919
Bu. 167,483 179,583 176,402
Bu. 3,609 9,155 9,060
Ton 1,469 11,763 1,542
Bu. 30,065 27,095 16,857!
Tenure of Farms 1930
Number operated by:
Acreage operated by:
Value of land and build
ings of farms operated
Owners $2,055,788 $1,715,035
Managers . . . 195, 7C9 204,000
Tenants 694,520 370,832
Size of Farms 1930 1920
Under 3 acres ? ?
3 to 9 acres 92 57
10 to 19 acres 79 97
20 to 49 acres ... 207 207
50 to 99 acres 169 213
100 to 174 acres 120 146
175 to 259 acres 28 46
260 to 499 acres 22 23
500 to 999 acres 5 , 8
1,000 acres and over 8 3
Milk cows ..
332** 660 !
236** 376 j
1,121 1,274 1
Classes of Land 1930 1920
Crop land, total 14,749 17,913;
Harvested 10,036 13,193
Crop failure 242 313
Idle 4,471 4,408;
Pasture land, total ....18,145 16,596
Plowable 2,857 7,137:
Woodland 12,548 7,198'
Other 2,740 2,261 j
Woodland not pasture. .23,947 43,084!
All other land 6,017 10,867 !
*Not shown in 1925 and 1920.
"Excluding animals born after
January 1, 1930.
???Excluding chickens hatched af
ter January 1, 1930.
****Not shown in 1920.
SUMMER PEOPLE POURING INTO BREVARD
IN MANNER NEVER BEFORE WITNESSED
Summer people are coming into
Brevard in large numbers, and old
friends are greeting those who have
returned for another season, and
iiaking acquaintance of numbers of
people who are here for the first
lime. It is believed that Brevard
will experience its greatest and most
successful season this year, judging
from the inquiries that are being re
vived by the Chamber of Commerce
jnd by the real estate firm of Mc
Crary & Hamlin. Many boarding
louses and hotels also report unusual
lumbers of inquiries. The Franklin
Hotel, under the management of Miss
Rose Shipman this year, is already
sntertaining many guests and receiv
ing inquiries daily from people who
ivant to spend much time here this
The camps are making final prep
arations for good seasons, and all of
;hem report fine prospects for the
:amp period of July and ? August, j
rhese camps bring hundreds of addi
tional men and women to this section
in addition to the young men and
young women who come as campers.
Business houses are making ready
for the increased trade that comes
each summer season, and boarding
house operators are rushing final
completion of their houses for enter
tainment of the guests. Owners of ,
cottages and houses that are offered
to summer people are working car
penters and painters and the furni
ture stores overtime in getting their
places ready for rental and occupan
cy. This is considered to be of great
importance, because a group of peo
ple hunting a house for the summer
one day last week went to another
town, because the house which ap
pealed to them was not ready for oc- ,
cupancy. All people who desire to let
their homes for the season are urged [
to have their houses in readiness for
the coming tourists.
! \ good season here will mean much
to the people of the community.
MR. HENRY'S WORK
Hon. W. M. Henry, representative
from Transylvania county in the
General Assembly, has received a flat
tering letter of praise from the Hon.
Josephus Daniels, editor of The Ral
eigh News and Observer, concerning
the stand taken by Mr. Henry in the
recent sessions of the legislature. It
will be recalled that Mr. Daniels was
an advocate of the sales tax, a bitter
opponent of ad valorem tax. and a
staunch supporter of the MacLean
school law. His letter to Mr. Henry
"Mr. W. M. Henry
"Brevard, N. C.
"My dear Mr. Henry :
''My niind goes back often to the
gallant fight for real tax reduction
and a just tax system made by you
and others of the Old Guard that
never retreated and corngftlled some
"I think of you as standing consist
ently for a great principle which will
mean more and more and which we
shall win completely if the people are
awake in 1932. I fe*l sure your
course has brought the approval and
gratitude of your county as well as
the people of the whole State."
"My admiration for the Old Guard
"JOSEPHUS DANIELS." -
WOMAN'S BUREAU TO MEET
NEXT MONDAY AFTERNOON
June meeting of the Woman's Bu
reau will be held next Monday aft
ernoon, June 15, at 3:30 o'clock, &
the Chamber of Commerce rooms
Plans for the flower show to be hel<
in August will be discussed and out
lined at this meeting, and a full at
tendance of members is urged.
GATHERING OF ORR i
CLAN HAPPY EVENT
I Great, Great Grandmother P. N. j
Lindsey of Greenville, S. C., with six I
daughters and three sons, also a large
number of granddaughters and .
grandsons, nieces, nephews, cousins
and several friends met at home of
Mr. and Mrs. J. C.^Orr of "Glen
Cannon," a daughter of Mrs. Lind
sey. After about 75 "kin" had ar
rived, shouts of joy came when Mr.
iWalter W. Orr, a flier from Mitchell
Field, N. Y? arrived to visit Mr. and
Mrs. J. C. Orr for ten days,
j A large picnic dinner of delicious
jfood was greatly enjoyed under the '
! large oaks. At close of dinner the :
; large crowd was scattered by the rain ,
'some finding shelter in the parked i
cars, others reaching the house. :
After a happy day spent together, all
iseparated until the first Sunday inj
REHEARSALS FOR MINSTREL
BEING HELD REGULARLY
, Men and women having parts in
[the minstrel to be given at the High
(School building on Friday evening of
Inext week are now holding rehear
sals and whipping the minstrel acts
into shape. . It is to be good; and it is
.for a good purpose ? to raise money ,
jwith which to guarantee the band ;
i concerts for the summer months.
'DELAY IN PREPARING WATER
1 STATEMENT IS RfiP&RTED
Mayor Ram <cy and the board
of aldermen have delayed com
pleting the statement promised
for this week regarding water
rents, and assurance is given
that the statement will be ready
for publication next week. It is
said to he a ms>?t interesting
MORE FOR SCHOOLS
MUST PAY THE Bill
Meeting of School Official* at
Raleigh Hear the Rule*
as Laid Down
MANY COUNTY 30ARDS
TO INCREASE TAX RATE|
State to Pay for Six Month*
Term, Holding Property Tax |
to 15 Cents on'' $100 j
Raleigh, June 10.? The State Capi
tal, 'much relieved, as well a3 the en
tire State, at the closing of the long
est legislative session in the history
of the commonwealth, has been busy
the past week seeking to interpret
just what that body did and to find
out where it is ? a process that will
continue for several weeks some
phases stretching out into years.
School folks have been trying to
extricate themselves from what seem
ed on its face a great tangle , but
which, after study and interpreta
tions, is expected to become simple '
and workable, even though a definite j
change in policy ? from county opera
tion with State aid to State operation 1
with county aid ? has been made.
The State Board of Equalization, |
charged with handling the more than j
$18,000,000 in school funds, held a ;
two-day session last week, making a |
study of the law and its own duties
and requirements. The second day of !
the session was held with county and j
city superintendents, principals and
other school men, gathered on invita- 1
tion of State Superintendent A. T. 1
Allen, to learn what they could re- 1
garding the new laws and require- j
Fear that the school would be
greatly crippled, apparently has died (
down and the opinion seems to prevail .
that, in view of what might have been ;
and at times . appeared likely, the
schools are to be in fair shape and j
may continue without serious injury,
even if the State does have to get on
the red side of the ledger in doing it. r
Local districts will not be materially
altered, if local school authorities arc
able to get the local governing boards j
of the counties and school districts to j
levy taxes sufficient to supplement (
funds to be secured from the State.
Economics, including purchasing sup
plies through the State director of 1
purchase and contract, will become ef
fective, no bulk baying will result in
A. S. Brower, new State purchas
ing agent, told the school officials to I
go easy on their purchases until he
could work out a plan. E. B. Jef- :
fress, chairman of the State Highway
Commission, told them of plans for .
county highways, especially those on ]
which school busses will operate.
The Local Government Commission, '
probably the most important of the
bodies created by the General Assem
bly, certainly next in importance to 1
the school changes, held its quarterly '
meeting last week, but its action was
of a routine nature. Operation is
left to the executive committee and
particularly to Charles M. Johnson,
director. It will undoubtedly be s
great power and influence in handling j
of local financial problems.
The Advisory committee of the ,
State Banking Department also met
last week, Friday, and went into .
problems of bank examining and reg- '
ulation under the new law. This ]
group, with Gurney P. Hood as its
executive officer and with the addi
tional powers conferred on it, to '
prove an important factor is stabil- '
izing banking conditions and allaying
fears regarding bank failures, fol
lowing the panic of last fall.
Governor Gardner spent the past
week among his home folks at Shelby
and in securing a much needed rest,
following the long-drawn-out legisla
tive session. His first act upon hi?
return was to announce the appoint
ment of Frank L. Dunlap, of Anson
county, Senator and chairman of the
Senate Finance committee, as the di
rector of personnel. Mr. Dunlap is (
considered a man of unusual ability. '
Tvra C. Taylor has assumed his i?ost
as executive counsel and Edward M.
Gill took up his duties as private sec- !
retary to the Governor during th.
The Capital City is much quieter!
since the legislators left and peace .
prevails, although almost every day
brings to Raleigh groups from various
parts of the State for conferences
with State officials and others.
Y. T. Hi TOMEFT !
? : ?
Members of the Brevard chapter of ,
the Young Tar Heel Farmers will '
gather at the high school building
Saturday evening at 8 o'clock in reg
ular meeting. These gatherings are
proving most' popular and much ben
efit is derived from the meetings. At
3 o'clock in the afternoon the sports
hour will be observed on the school
grounds, and baseball games, horse
; shoes, and other forms of sports will
Large numbers of boys and young
'men attend these gatherings regular
ity, and Prof. Julian Glazener is de
lighted with the interest being shown
I by the members of the chapter in
j these gatherings.
PUBLIC AFFAIRS IS
GIVEN CLOSE STUDY B
BY KIWANIS GROUP
Unjust, Harping Criticism la
Cause of Much Disturb
ance In Community
SELFISH SPIRIT HOLDS
TOWN BACK, IS CHARGE
Fear Is Given as Contributing
Cause of Community
Study of "Public Affairs" was oa
the program of the Kiwanis meeting
last Thursday noon, and it proved to
be one of the most interesting meet
ings of the year. Pat Kimzey, .
Paul Hartsell and Dr. Charles^' L
Newland were the speakers, and t*efc -
address was given great applause a#
they spoke candidly and frankly
about questions of vital interest to
this community. Jerry Jerome, presi
dent of the - Chamber of Commerce,
was in charge of the program, and
had urged the speakers to be frank,
in their' suggestions for better plans
of procedure in the public life of the
Pat Kimzey, Brevard attorney, was
the first speaker, and he told of the
harmful influence on the commodity
of criticism without investigation.
Public officials, the speaker declared,
are often subjected to severe criticism
without investigation. Public officials.
ed and inexcusable, by people whs
"have heard" certain things, and
make criticism of the acts of officials
without making any investigation
whatever of these things that have
"been heard." Nothing is better thsa
constructive criticism, the speaker
declared, and all right thinking mea
gladly welcome such constructive
criticism and suggestions. But must %?
of the criticsm one hears about here
is that ragging, unwarranted criti
cism by those who have made no ef
fort whatever to get at the truth of
the matter which is beinjr criticised
Selfish interests instead of com
munity interests, or self-interest at
the expense of the common good of
the community, was discussed by Rev.
Mr. Hartsell. The minister deplored
the faet that some men are absolute
ly uninterested in the good of his fel
low man as they enter the mad
scramble for superiority. This, the
speaker said, is not according to the
principle and teaching of Kiwanis.
"The Kiwanis club has failed in its
purpose when its members sit at the
table and make pretense of friend
ship for one another and declare ?*
friendly interest in one another, and
then leave the room with minds filled
with desire to knife one another. The
greatest need in Brevard today, the
speaker said, is an open-minded spir
it and a sense of the importance of
co-operation. He deplored the great
loss occasioned here through unfair
methods of competition, and a still
greater loss caused by the time spent
by men in grieving over fancied
wrongs being done them by others.
Much of this could be averted, Mr.
Hartsell said, if the men of this
mountain town would deal with one
another in Christian spirit, and talk
over their differences in manly and
Dr. N'-ewland spoke of the destruc
tive effects of fear in a community.
He declared that fear is man's vvor. '
enemy.-Many children, the physician
said, grow into cringing, cowardly
manhood and womanhood because
their parents had instilled into their
youthful minds in childhood a sob
conscious feeling of weakness. Jfa
child, the speaker said, is naturally
afraid of darkness. Only two fear*
are natural, he asserted, and these
are the fear of falling and the shock
caused by a sudden noise. All other
forms of fear are acquired. The com
munity is deeply affected by this
feeling of fear. Many people live live?
of misery because of fear ? fear thai
they will lose their positions, fear
that they will fail in business, fear
that their competitors will get more
trade, and so on. "Conquer fear." Dr.
Newland asserted, "and more than
half the battle is won."'
Members of the club felt that tht
hour had been most profitably spent
in listening to the splendid speeches.
200 GIRLS COMING
TO CAMP SAPPHIRE
Two hundred members of the Girls*
Reserve of the Y.W.C.A. will gather
at Camp Sapphire on Tuesday of
next week for a conference lasting
ten days. Those attending will be
young women who have won distinc
tion in their local Y.W.C.A. work,
and many outstanding leaders of the
country will be speakers at the con
The delegates attending will oome
.from 22 states, while the lecturers
are leaders in the larger centers.
Capt. Bill Fetzer, owner of Camp
Sapphire, look forward each year to
the coming of this conference, ani
places high valuation upon this an
jnual event, because of the splendid
people attending the sessions. Much
of Brevard's best publicity results
jfrom the conferences each year.