Newspapers / The Franklin Press and … / Feb. 19, 1931, edition 1 / Page 2
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Site rattJvlitt . rt55- Published every Thursday by The Franklin Press Publishing Company, Franklin, N. C Telephone No, 24 VOL. XLVI Number 8 BLACKBURN W. JOHNSON EDITOR AM J I'll BUSH EK Entered at the Post Office, Franklin, N. C, as second class matter. SUBSCRIPTION RATES One year $1.50 Eight Months $1.00 Six Months ............ .75 Single Copy 05 Obituary notices, cards of thanks, tributes rl respect, by individuals, lodges, churches, organizations or societies, will be regarded as adver tising and inserted at regular classified advertising rates. Such notices will be marked "adv." in compliance With the postal re gulations. ' The Press invites its readers to express their opinions through its columns and each week it plans to carry Letters to the Editor on its editorial page. This newspaper is independent in its policies and is glad to print both sides of any question. Letters to the Edi tor should be written legibly on only one side of the paper and should be of reasonable length. Of course, the editor reserves the right to reject letters which are too long or violate one's better sensibilities. Weekly Bible Thought "For God hath not gfven us the spirit of .fear, but of power, and of love, and of a sound, mind." II Timothy 1:7. The current tendency to tear down -ideals wrought out in living deeds of heroes by authors, who, in the avowed effort to find the truth by destroying the unreal impressions made by a too much cm-phasiW-d perfection, may contribute to making the characters of na tional heroes more human in some cases, but we must confess that mine of these efforts exhibit merely a certain lack in the writers themselves to appreciate the real greatness in those whom they seek to portray. As a keen analyst has described a state of mind in cer tain individuals, "Wlia,! they do not know, to them does not exist." T j the rank and file of the ordinary, wholesome citizenry, George Washington will always be a symbol of the great and the good and the brave, giving to old and young alike an opportunity, with the up ward look, to feel the inspiration and the love of the true, the beau tiful, the brave and the good and seeing, to aspire the emulate. "It is a good thing to be a great man, but a great thing to be a good man." The balanced facts of history go to prove that George Washington was both good and great, and we are thankful that to such a man it was given to be "Father of his Country." Editorial Clippings Reopen The Bank of Franklin NEARLY everyone in Macon County is of the opinion that the Hank of Franklin should be reopened. The question now is how can it be reopened. First of all,' it is necessary to obtain the agreement of depositors for. the-freezing of 95 per cent of the deposits. Until this, is accom plished nothing further can be done toward reopening the bank. This is the first requirement laid down by the Corporation Commission, which has supervision over all state banks. Some p( i sons seem to have the idea that it is up to the stockholders to reopen the bank, that it is their problem, not that of the depositors. 'Hi. y arc mistaken.. The stockholders arc powerless until-95 per cent of the deposits arc frozen until October 1, 19.5.?. according to won :. . .1 t ri 'i mi s .... leeeum irom ivaieign. ine corporation commission has lai down the law and the stockholders and the directors of the bank can take no further action until this requirement is fulfilled. J his week, on the, front page,' The Press carries a statement . of the situation by M. I). Billings, liquidating agent noW' in charge o the bank's affairs. Mr. Billings deservingly has the confidence of the people and what he says should bear weight in the mind of every thinking person. What he says is plain, unembelished facts. . Hi ... - . - i t. 1! . I . A . . . e . Mjieiiiem tan ue reuen on to DC a true statement ol the situation, aii( his advice should be heeded by everyone who has the interest of Macon County at heart. Mr. Billings advises: "The community as a whole is vitally interested in this ques tion; Anything done now, except in the spirit of most hearty cooperation, will be any injury to the town and the community. After having been connected wiUi the affairs of the bank for sixty days as liquidating agent, I do not hesitate to say that it will be decidedly beter for every member of this community and for all persons interested, either directly or indirectly, in the Bank of Franklin to reopen it if it is possible to do so." The liquidating agent, though drawing a salary in this capacity, i 1.- I...:.. i. t. t .t . r.- e .i i uioiiii!iiii'i ciiougu iu see mat u is uener lor ine ai lairs ol inv nil bank to be liquidated by the bank itself, with the people enjoying bank mg facilities, than to have the present, situation continued. That, in deed, is self-sacrifice. Is there any depositor who could make more a sacrifice ? , j lew depositors nave the impression that it they refuse to sign the contracts now being circulated, providing for freezing of deposits, their money would be subject to withdrawal as soon as the bank reopens. This is not only a selfish belief, but also a mistaken one The Press is authoritatively informed that those who sign the con tracts and those who do, not will be paid alike. . First payments will be made on all accounts when 10 per cent of notes the bank holds will have been collected. Payment will come -sooner if the bank is reopened, "in the opinion r Air. Billings and others intimately familiar with' the bank's affairs This is readily understandable. ''.' Another mistaken idea held' by some peroons is corrected by Mr Lilhngs. liiis concerns the stockholders. A few people,. 'it seems, are laboring under the belief that the stockholders -of the bank will profi more than the depositors by its reopening. It is true they will profit everyone win prom the entire community by the reopening of the bank. But not one cent will be available for dividends to stockholder unm every depositor lias been paid in lull, this is one ol the pro visions laid down by the Corporation Commission." .Already, according to nilorniation I he I less has received, between' 400 and 500 depositors, including most of those with large time de posits, nave signed the contracts to allow their tunds to remain mtac until October 1, 1(33. If the others lose.no time in signing, it may b possible for the Bank of Franklin, to reopen by. March 1. 'Some of the other banks closed by the December hysteria already have reopened. The Clay County Bank at I layesville resumed business last Saturday. Certainly Franklin and' Macon County can do as well as their neighbor. This is one of the richest counties in Western North Carolina but it is very evident that unless financial confidence js revived, dependen on restoration of banking facilities, Macon will have a difficult task maintaining, its prestige.. SHOULD RECEIVE CON SIDERATION The-Bill of Representative Way nick to reduce penalties for non payment of taxes is in harmony with the times. 1 1 is not practical to declare a universal moratorium, or to adopt the ancient Jewish or Hebraic; perhaps it may have been before the beginning of Jewry, proper custom of balancing all ac counts every seventh year and starting everything anew and every body with a clean slate. But an xtraordinary situation is demand ing, and receiving, concessions, and it is suspected that there arc at izens all over the state, having tax hills ol considerable size to pay, who would be a good deal relieved, n their minds at least, by a reduc tion of taxation equivalent to tne penalties provided for delay. -Just now . "making a turn" is attended by unusual difficulties ; some people cannot manage it at all. The' tax on realty, at least, has got to be paid some time, to keep the title clear, if for no other reason, but the best some can do is to pay when they can. Tax penalties ough not to be relaxed except for cause As a general proposition, the tax payer can meet this obligation at one time as well as at another; he has a year in which to prepare for it. and he knows about what it will be. The revenues should be paid in regularly, else the cost to the count v of borrowing in an ticipation becomes a burden which in part must be borne by those who, do pay promptly. But th times furnish cause for any sort of temporary leniency that mav safely be. exercised. A business man, one of the abl est in the community, was saying the other day that it would be real and substantial aid tp th taxpayer, also if this general as sembly would make provision whereby taxes might be paid installments, alter the manner o the federal law. They can be paid that way now; we think that no tax collector would refuse any pay ment on account that might be of fered. Perhaps not many realize that this is so; and it might not be a bad idea to formalize the per mission and set up a regular ma chincry, now that the mechanism of government arc about to be made over. GREENSBORO DAILY NEWS. 1 M I l NORTH CAROLINA, County of Macon. In the matter of The Bank of Franklin ' Notice to Creditors to, File Claim Under authority of Subsection 10 of Section 218 (c), Consolidated Statutes, all persons who have claims against the -above named bank are hereby notified to present proof of claim . at Franklitf, N. G, on or before the 1st day of May, 1931. Failure to present claim on or before the above date bars the claim not presented except as to the assets of the bank in the hands of the Corporation Commission for the account of said bank at the time the claim is presented and allowed. Objection to the allowing of any claim may be made by any in terested person by filing such objection in the pending action in the office of the Clerk of Court of this County and 'by serving a copy thereof on the Chief Examiner or the Liquidating Agent of this bank. This the 2nd day of February, 1931. FLOUNDERING The General Assembly is floun dering and little or no effort is made at Raleigh to conceal that this is the case. It made a com mitment in the passage of the Mac Lean bill, providing for State-sup ported schools, from other than ad ilorem taxes, which it is finding so difficult of fulfillment that many of the law-makers are convinced that it is impossible. The Legislature when it passed the MacLean bill meant what it said but that does not alter the fact that up to this time all the investigations which have been made to discover new sources of rev enues have proved disappointing. Those who had surveyed the field realistically knew that from the be ginning. ' It is out of the question to raise twelve or fifteen million dollars of fresh' money for the schools. Some additional revenues can be procured from sources other than ad valorem taxes but these will not be sufficient to support the schools of the State for six months. What will probably happen is an increase in the equalization fund and the provision that this fund shall, be used, not to help the poor er districts to extend the school term to eight months, but to help finance the six months term. That will be far short of the promise held out in the MacLean bill but the reports from Raleigh make it clear that talk of some arrangement of the kind suggested is growing. The addition of one cent a gal lon to the gasoline tax will afford a certain amount of relief to land. But will this relief be passed on to the taxpayer? It was not pass ed on" in all instances two years ago when the General Assembly hoisted the gasoline tax from four cents to five. It was this failure which apparently had much to do with stirring Governor Gardner to the formulation of his plan for the taking over of the county roads by the State Highway Commission. What stands out at Raleigh, af ter six weeks of discussion, is what stood out long before the General Assembly metnamely, that govern ment in North Carolina is costing more than the people can pay without injury to the State. There must be economies. They should be made intelligently but they must be made. That is the first step toward helping the taxpayer. That is the first step toward putting the State on a sound footing. And whether Governor Gardner's pro gram goes through or not, he has turned the searchlight full upon one of the main causes of the high cost of government, if not the main cause the waste that takes place in local government. His indict ment of the counties has carried conviction and has made people see what they have been told many times before but never so convinc ingly until now. ASIIEVILLE CITIZEN. Note : In filing claims for Cashiers Checks or Bank Drafts or Certificates of Deposit the particular. instrument must be surrendered when Proof of Claim is presented. Note: Call at bank for Form for filing Proof of Claim. F5, 4tc MDB, F26 M. D. BILLING?, . Liquidating Agent of Bank of Franklin, Franklin, N. C. NOTICE OF TRUSTEE'S SALE Notice is hereby given that un der the power of sale given in a deed of trust executed by J. L. Barnard to the undersigned trus tee, dated November 1, 1923, and registered in the office of the Reg ister of Deeds of Macon County, North Carolina, in Records of Mortgages and Deeds of Trust No. 27, pages 430 and 431, default hav ing been made in the payment of the debt secured thereby, and the holder of said debt having demand ed that the undersigned trustee ex ercise said power of sale and sell the property thereby conveyed, as provided in said deed of trust: Therefore, on Monday the 2nd day of March, 1931, at 12 o'clock, noon, at the court kouse door in Macon County, North Carolina, at Franklin, in said County, the un dersigned trustee will offer for sale and sell to the highest bidder for cash the property conveyed by said deed of trust, the same being more particularly bounded and de scribed as follows: BEGINNING at an old Spanish Oak stump at a ledge of rock, the SE corner of the J. Johnston Hood tract, runs N 3 1-2 E 43 poles to a stake, T. J. Johnston's corner; then North 38 1-2 W 170 poles to a stake on top of a ridge in Horn's line; then S 31 1-2 W 51 poles to a stake, formerly a white oak, near the top of a knob, a corner of the Hood tract; then S 63 W 89 poles to a locust stump ; then N 86 1-2 W 23 poles to a black oak; then S 63 i-2 W 6 poles and 5 feet to a stake and pointers on top of a ridge ; then South 12 poles to an old corner, white oak substituted; then S 63 W 54 poles to a black jack stump, South of a high knob, a corner of the Zeb Baird land ; then S 42 E 60 poles to a stake near Trimont road; then S 58 E 34 poles to a stake, formerly a Span ish Oak; then S 25 E 29 poles to a stake; then S 48 E 12 poles to a stake, replacing a black gum; theft S 40 E 32 poles to a black jack Beware of Gold Bricks i ulu uricKs nave long aroused suspicion, tor very, very seldom arc they really gold. Dr. W. A. Rogers, Macon County's representative in the General Assembly, revealed while in Franklin last week-end that proponents of the Gardner proposal to consolidate some of the counties had proposi tioned him on the question of "giving" part of Clay County to. Macon. The "picture these legislators' painted for Dr. : Rogers' was rosy a whole half of another county to add to this county's resources, It .would bring to Macon valuable new land for taxation. But Dr. Rogers scratched beneath the surface ami . found a differ ent picture. "What about Clay County's indebtedness?" he- inquired. He was informed that about $200,000 debt would have to be assumed by Macon if the proposal went through, whereupon Dr. Rogers sagely said "No thank you, gentlemen, Macon is satisfied with , what she has." At the bank meeting in the courthouse Saturday he took opportunity further to explain his rejection of the offer, pointing out that in nil likelihood the United States Forestry Service would ' take over in a few years most , of the Clay Cbiinty lands proposed for annexation to this county. Then Macon would be left holding the bag, saddled with an added burden of indebtedness and not-hing witli which to pay it. ' If some of the Clay County folks want to' join up With Macon, we should extend them a welcome, but, of course, it must be-understood that we cannot assume their mortgages. . , .' It is a mighty good thing that Macon has a representative with keen insight down at Raleigh, a man who looks before lie leaps. They'll have a hard time trying to goldbrick Dr. Rogers. , FAMILY FUN Washington's Birthday SUNDAY, February 22, marks the birthday of George Washington. As a national holiday, the day is especially emphasized in the public schools throughout the nation with the opportunity it affords for historical and patriotic instruction as well education of youth 'at the time he responds to spiritual lessons in idealism taught through the lives of the great and good. Lots of good times together make 'for. mutual understanding, sympa thy and love. ..The children who go out from homes where the dishes are washed and wiped'' together, where the whole family helps make garden, build a fish, pond, read aloud, gather around the piano and sing;. sit by the fireplace and listen to the radio toast marshmallows, play games together, and often go out for a picnic or off on an ex cursion together how rich are those children in sweet memories! They will establish lovely homes of their own and pass the family fun ahiug. They will '.make our best citizens, full of good will and cooperation and fine ideals. Not many divorces will come from homes where there is plenty of family fun. Do you gather the children around you and tt-11 them stories in the twilight ? Do you load them into the car and spend a day or two by some rippling lake? Do you take them home to Grandpa's for holidays? Have you a work-bench in the Lbasernent or garage for Father and the boys? And someone suggests a "studio comer" in which mother and daughters may study and work on home beautification and art in dress. How happy - and rich and sweet our home life can be, if only wej take time and thought i to sharing it with one another and all plunge together into some family stunt. My own happiest childhood mem ories arc when it was fruit canning time and the whole family would sit around peeling peaches or pit ting Cherries. What marvellous visits and witticisms passed around, or perhaps one member of the family read aloud some wonderful novel, while the rest were busy with their hands. . Household Finances Women spend eighty-five per cent of the money earned. Most of this spending is haphazard what the housewife happens to see and wants as she strolls down the avenue and looks into the shop windows, or what she fancies which her neighbor has bought, or what she reads about in the advertise ments and thus conceives a desire for. A wiser method of dispensing and saving the family income corner; then S 3 1-2 W 94 poles to a corner of . the Smith land ; then S 86 1-2 E 118 poles to a stake, passing a large leaning black oak in the Siler line at 48 poles; then N 70 1-2 E 20 poles to corner of Rickman's land; then N 34 W with Rickman's line 13 poles and 5 links , to his hickory corner; then with said line N 10 W 7 poles to a maple corner of said line; then with said line N 17 E 37 poles to a locust, Har rison's corner; then with Harrison's line N 76 E 77 1-2 poles to the NE corner of Mrs. Allie Harrison's land; then N 10 3-4 W 16 poles to a stake, Blain's and Horn's corner; then N 12 3-4 W 10 poles to a stake; then N 2 W 9 poles and 14 feet to a black oak ; then N 12 1-2 W 15 poles to a stake; then N 6 W 23 poles and 7 feet to a post oak, Horn's corner; then S 2 1-2 W 9 poles to the SE.corn er of the Meadows tract; then N 87 1-4 W 22 poles and 10 links, to a stake; then N 75 1-2 W 14 poles to a White Oak corner on the North side of a road; then N 14 1-4 E 12 poles to a stake; then S 86 E 8 poles to the . Beginning. Excepting, saving and reserving from the above described tract all the lands covered by and described in a deed from W. R. Johnston and Beulah Tohnston, his wife, to E. B. Sutton, dated the 3rd day of June, 1919, and registered in the office of the Register of Deeds of Macon County, North Carolina, in Book E-4, of Deeds, at page 65. The said tract of land herein con veyed containing 365 acres, more or less, after deducting the land here inbefore referred to as having been formerly conveyed by W. R. Johns ton and wife to E. B. Sutton. This 26th day of January, 1931. T. J. JOHNSTON, Trustee. 5tcBill. F. 26 Home's Homilies BY TROY F. HORNE Judge Not If 1 could see the good in you, And you could sec the good in ine, Well don't you think we'd be more true, Regardless of what we may now be. But if we look for something wrong In folks we meet from day to day, , That's all we'll find as we go on Along Life's old and rugged way. L. Franks dated January 22, 125 " and recorded in Register of Deeds office for Macon Countv in Book L-4 of Deeds, page 565. said land, being known as the Hall Farm and consisting . of approximately 312 acres. Said sale is made subject to a irst mortgage executed by J. RX ai i inn ti oint Stock Land Bank of Raleigh in the principal sum of $4300.00, said deed of trust being registered in the office of Register of Deed for Macon County in Book No. ZJ, page 433. This 26th day of January, wu. GEORGE B. PATTON, Trustee. J294tcJ&JF19 . V- -la SERVICE BY, PUBLICATION NOTICE North Carolina, Macon County. Gilmer A. Jones - vs . . i Natural Abrasives Corporation and Metropolitan Trust Company", and all other persons, firms and cor porations claiming any interest in the subject matter of this action The defendants, Natural Abrasiv es Corporation, Metropolitan Trust Company, and all other persons, firms and corporations claiming any interest in the subject matter of this action, will take notice that an action entitled as above has been i i- - e.. : i"1 & commenced in nc oupcrivr vajuii of Macon County, North Carolina, for the purpose of foreclosing tax liens upon, and to subject to the payment of the certificate of sale for unpaid County taxes due there on for the year 1925, the 'follow ing described real estate : A tract of land lying in Ellitay Township, containing approximately 1100 acres, and being known as the Corundum Hill Property. And they will further take notice that .they are required to appear at the' office of the Clerk of the at Franklin, North Carolina, within" thirty days from the 10th Februr ary, 1931, and answer or demur to the complaint of the plaintiff. which has been filed at the office' of said. Clerk. And all other persons claiming any interest in tne suDject matter of this action will take notice that they are required to appear and present, set up and defend their respective claims in six months from the date of this notice; other wise, they shall be forever barred and foreclosed of any and all in terest or claims in or to the said property above described or the proceeds received froni the sale thereof. This 10th day of February, 1931. FRANK I. MURRAY, Clerk Superior Court, Macon County, 4tcJ&JMar.5 N. C. (Troy F. Home, as most every body in Macon County knows, is Franklin's cobbler-poet. At work and at rest he entertains himself by writing philosophic rhymes. One can almost hear the beat of his shoemaker's hammer in some of his verses. Someone has said that the man, is happy who , sings at his work. So, also, it must be with the man who composes poems while at his bench. Troy Home's moods are numerous. Some of his verses are serious, some religious ; yet others are flippant and funny. The Press will print them in groups, one poem each week. We'll begin with his serious, religious side under the title of Home's Homilies, the word homily (from the Greek-hom-ilos crowd) means sermon. THE EDITOR.) ' would be to budget it. The bud get enables the housewife to allot a due proportion to the various needs of the household and not to expend, by chance," for the first call and to find herself short when later demands arise. It makes the cloth cover the whole garment and not leave it minus one sleeve. It forecasts necessities and so puts a curb on temporary fancies. It ap portions a regular Sum, constantly, for saving and thus provides that the bank account shall grow unin-, terruptedly. NOTICE OF SALE North Carolina, Macon County. WHEREAS power of sale was vested in the undersigned trustee by deed of trust from J. R. Par rish and wife, Callie Parrish, dated 3 December, 1927 and registered in the office o fRegister of Deeds for Macon County in record of mort gages and deeds of trust No. 29, page 469, to secure the payment of $5,161.40, as evidenced by two notes due three and four years from date respectively; and where as said deed of trust stipulates that if default should be made in the payment of the first noe or the interest thereon or the taxes upon said land, hat the remaining note should immediately become, due and payable; and whereas, default has been made in the payment there of and there is now due upon said notes the sum of $5160.40, with in terest thereon from the 13 day of Dec, 1928. 1 will, therefore by virtue of the power of sale by said deed: of trust in me vested on Thursday, the 26th day of February, 1931, at twelve o'clock noon, sell at the court house door in Franklin, N. C, at public auction to the highest bidder for cash the following de scribed property : All the lands described in a deed from Eliza Hall McConnell to Sam ADM1NISTRTARIX NOTICE Having qualified as administratrix of S. S. Green, deceased, late of Macon county, N. C, this is' to notify all persons having claims against the estate of said deceased! to exhibit them to the undersigned on or before the 15th day of Jan., 1932 or this notice will be plead in bar of their recovery. All person indebted to said estate will - please1 make immediate settlement. This 15th day of Jan., 1931. NANNIE GREEN Administratrix. 4tpM9 "; fc. 'il ADMINISTRATOR'S NOTICE. Having qualified as administrator of ,W. T.Brendle, deseased, late of Macon county, N. C, this is to notify alf persons having claims against the estate of said deceased to exhibit them to the undersign ed on or before the 16th day of February, 1932, or this notice will be plead in bar of their recovery. All persons indebted to said estate will please make immediate settle ment. This 16th day of February; R. D. BRENDLE, Administrator. F194tcRDB,M12 EXECUTORS' NOTICE Having qualified as executor off Charles W. Thomas. deceasedL 1W of Macon county, N. C, thU Ss to notify all persons having eSabns against the estate of said deceased to exhibit them to the undersigned on or before the 26th day of Jan, 1932 or this notice will be plead in bar of their recovery. AH per sons indebted to said estate will please make immediate settlement. This 26 day of January, 1931. ; CHARLES ADDINGTON, BEN CARPENTER, Executors. J294tpF19 Do you have a neighbor who says he has no use for a telephone? Doesn't he use your telephone many times a month? -. . One step ladder can serve a whole neighbor hood but every family should have its own telephone. WESTERN CAROLINA TELEPHONE CO.
The Franklin Press and the Highlands Maconian (Franklin, N.C.)
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Feb. 19, 1931, edition 1
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