THE MEWS of Orange County Published Every Thursday by ' THE NEWS, INCORPORATED J. Roy Parker, President Hillsboro, N. C. Entered at the.Post Office at Hillsboro, N. C., as second-class matter. SUBSCRIPTION RATES 1 Year (in Orange County).$2.00 1 Year (outside Orange County)--„...$2.50 6 Month (in Orange County).$1.50 6 Months <outside Orange County).$2.00 Special .Rate to Service Men THE NEWS of Orange County is the'oldest news paper of continuous operation in Orange County. Member North Carolina Press Association . x . . and North Carolina Weekly Newspaper Association Thursday, August 8, 1946 Liberal Insurance Benefits Now Available for Veterans The liberalized insurance benefits which became available to veterans when President , _ Truman signed the. Congressional Act amend ing the National Service Life Insurance Act of 1940 were anticipated by numerous ex servicemen and women in North Carolina who have recently reinstated policies they allowed to lapse when they leTt the service. Widespread reinstatements in North Caro lina were attributed by Regional Insurance Officer E. C. Bailey to expectation on the part of veterans that the law would be changed. Until January 1, 1947, he added, a veteran may reinstate lapsed National Service Life Insurance simply by paying two months back premiums and signing a statement that his health i« as good as it was when his premium was due. After that date a physical examina tion will be necessary in most cases. As originally enacted, NSLI was designed to meet the needs of men and women at war. The new amendments make it more attrac _ dye to veterans in peace time. Besides pro viding for luhip sum payments to beneficia ries, the amendments also create endowment types of policies, permit the naming of bene ficiaries outside the restricted classes included in the original bill, and offer total disability benefits which were not previously included. Veteran policyholders in North Carolina are sending premium payments to New York at present, but accounts for this area are be ing transferred to VA’s Richmond branch office in a move for more efficient service. Mr. Bailey stressed, however, that policyholders should continue to send payments to New York until they receive individual notices of the change of address. He urged also that they refrain from writing to the Richmond Branch Office for the present, explaining that an in flux of letters would interfere with setting up of accounts there. * * “Veterans now holding term insurance poli cies need feel no compulsion,” he continued, "to convert their policies immediately to per1 niit types. Term insurance policies issued before January i, 1946, may be continued without change for 8 years from the date they were issued and policies issued after Decem ber 31, 1945, are good for 5 years without the necessity of-converting to any of the more permanent types of insurance. As originally issued the permanent policies provided in National Service life insurance were: ordinary life, on which the policyholder pays for as long as he lives at a level premium; 20-payment life, on which premiums are paid for 20 years and after which no more pre miums are required; and 30-payment life, on which premiums are paid for 30 years. In addition to these types of policies the amendments provide for 20-year endowment policies, endowment at age of 60 and endow ment at age 65. On all of these endowment policies the premiums must be paid*J®r the indicated length of tim^at the expiration of which the face of the policy may be paid , to the veteran. Those veterans who have con verted their term insurance to one of the previously authorized plans are permitted un der the amendments to change to one of th# endowment plans if they wish. Beneficiaries All restrictions on the choice of beneficia ries which were imposed by tjie. original act have been removed. Formerly the insured was permitted only to designate beneficiaries who were near relatives. He now may designate any person or person's, a corporation or his estate as beneficiary in his insurance policy. Modes of Settlement The only method of settlement previously provided was monthly income or annuity pay ments which were provided for a guaranteed od of 120 months or as a refund life in e, paid in equal monthly installments t the guarantee that the face of the policy be repaid. These forms of payment are 1 available. I addition to them the amendments pro the insured may single lumn sum these amendments is the payment of-benefits to an insured who is totally disabled for as long as six months. These payments are at the rate of $5 a month for each $1,000 of in surance and are payable for as long as the disability exists. The insurance itself is not affected by the payments so that beneficiaries enjoy the full face value of the policy upon the death of the insured. The new total dis ability feature may be added to any form of NSLI, including term insurance. It is only necessary that the insured meet specified health requirements and pay the extra pre mium that is required for this additional benefit. _ ——_— : — Application for Nenr Insurance 'All persons who seryed in the armed forces between October 8, 1940, and September 2, 1945, are entitled to apply for new NSLI. The total amount which may be carried by any applicants may not exceed $10,000. The ap plication may be filed at any time and will be granted upon proof that the applicant meets the required health standards. This is a defi nite change from the previous provision which limited all veterans to the amount of insur ance they had while in service. Rejected Applications Applications for insurance which were re jected solely for health reasons between Oc tober 8, 1940, and September 2, 1945, are validated by these amendments in cases where the applicants were killed or totally disabled in line of duty while in service.. This amend ment will provide income, for benefitiarres who receive no insurance payments under the old law. Miscellaneous Provisions Numerous miscellaneous provisions are in cluded in the amendments. Most of them are of a technical nature or are applicable to limited groups. They include the right to assign a beneficiary’s interest to specified rela tives of the insured provided payment of the insurance has not started. Present beneficia lies under insurance on which payments start ed before September 2, 1944, are permitted to select refund life income payments instead oi-former modes of settlement. And suits in ' United States courts are authorized in cases where there is any disagreement over claims. Those eligible will be notified of their rights by the VA and need not make inquiry. BY THE NEWS WE HARDLY THINK that the promoters of the effort to preserve the Nash-Kollock property will get what they desire in request ing $1,000 as Hillsboro’s share in purchasing the property. Not when $800 is still needed for the con struction t)f the youth recreation center here and not when the American Legion is cur rently making a drive for funds to use in con. structing a Legion hut here will the pro moters secure from the merchants and towns people $ 1,000. _ __■ - ' And we hardly believe the people of Chapel Hill and in the county are interested enough in the project to dig down deep in their pockets to fork over the other $2,000 needed to purchase the property. THE $3,000 WOULD only be a starter in securing enough funds to complete the pro ject and maintain it after completion. With plans for the construction of a freezer locker plant progressing as they are, we can think of no better location for the plant than the property on which the Nash-Kollock building is now located. The plant would bring many more people to town than would the preservation of the building. In this era of progress, we don’t yearn for the preservation of old buildings which point only to the past history of a town or section. * * * , » WHAT HILLSBORO and other towns of its size neecl are modern plants, buildings and ideas to make it grow and prosper. Certainly with as many business houses as are needed in Hillsboro and with as many homes needed for those who now live in two, three and four-room apartments the money and materials which could be consumed in restoring the building could be put to a much better use in some other fields of endeavor. • • • A MUTE REMINDER of the hundreds of people who were in town Saturday and of the many ticket stubs which were poured into the box greeted members of Hillsboro’s trash detail Monday morning when they started to move the box of stubs which had been placed in the rear of The News office. ... As Gene Tapp, Pete Benton and Bill Johnson, Negro garbage collector's, started to pick up the box, the 100,000 ticket stubs forced the bottom out, scattering the stubs over the ground. ... A large coal shovel was then brought into play to remove the stubs from the ground. * * . VARIOUS ESTIMATES of the number of heard everything from 1,000 to 6,000. v . . Members of the committee which sponsored the sales promotion plan placed the.riumber here as between 2,500 and 3,000. Nash-Kollock * (Continued from Page 1) boro and Chapel HiU. Applica tion blanks are to be placed in all stores and those interested in sign ing up lor a locker are urged to secure the blanks from local stores. Letter of Mrs. Parker to the mer chants concerning the Nash-Kol lock property follows: To Mr. Robert Forrest and mem bers of the Hillsboro Merchants Association: Ladies and Gentlemen: The building known as the Nash Kollock house, the only historic mansion—remaining—in—Ilillsboro -from pre-Revolutionary days, was built in 1767 by Isaac Edwards, private secretary to Governor Tryon, and became “the other home” of the Governor during his stay in North Carolina. Governor Martin afterward resided there. It is one of the most perfect archi tectural examples of its period, and as such its preservation is greatly desired by all North Carolina his toric and patriotic societies and by antiquarians. The N. C. Soci ety for Preservation of Antiqui ties since August 1943 has had the property listed as a restoration project. Associated with local pro moters the following plans have been formulated: I. To restore the mansion proper to its original ajppearance arid also the addition to the east of the mansion; to reconstruct such others as will depict the maimer of liv ing in Colonial days. II. To devote the buildings to the use of Orange county resi dents in this manner: the man sion will become a war memorial of all wars participated in by North Carolina, and complete available records of all service men and women in Orange county in all wars will be kept in a suitable cab inet in the parlor of the mansion. The parlor will become a club room for men and women of Orange county, for t small affairs approved by S.P.A. Securing whatever fur niture is.available formerly used by Nash-Kollock school for this room will be the privilege of the Historical Society. III. To devote the southwest room of the mansion to a self-sustaining kindergarten. IV. To place in tli'e hallway a desk for information to ’tourists, for sale of postcards and souve nirs, and for the display of a small scale model of the school room and furnishings. V. To make of the school room a school memorial and assembly hall 36x36 feet square, for a cen tral location in which to hold meet ings of,county organizations ac .cording to their needs, as a recrea tional, cultural, social and educa tional center for the entire county with eqtiipment for various uses. On the walls in glass cases will be shown the momentoes of Nasn Kollock students and county relics. VI. The basement will be devoted to handicraft of all ages, and a manual training room—a memorial to the girls and boys in Orange county who did not come back. VII. A swimming pool and other outdoor activities are planned for the ample back lot. It is proposed to have the entire recreational program under a state recreational setup. As a financial asset to the town, as a sight-seeing objective the project would be oflnestimabl^ value, as other similar projects have proven. The value to the bet ter life and higher standards re sulting from the proposed plans h ■'= "~~= could not be computed in doll, and cents. Q°Uars The proposal for our possP<:, of the properly is this- to T* funds to purchase the proDert* make the east wing usable county; to show proof that L, are available and that the restr Uon will b. done plan. Financing the project8 ? be entirely by donations and Cn? certed activities, good win personal services. We will be entirely by the interest show?? the county. Three thousand do5a* is needed at present for purchl of the property, $1,000 each t Chapel Hill, Hillsboro an? t countyrWould you appoint a mittee to confer with an S P a r resentative as early as possible?' (Mrs.) dessie G. Parker S.P.A. Representative 1 Jefferson Standard Life Ins. Co. of GREENSBORO, N. C. JOHN W. UMSTEAD Manager 111 Corcoran Street Bldg, 'DURHAM / 132 iS.JPfanklin Street H1LI..” / I M REDDY, NEIGHBOR, BUT THIS WIRE JUST WON'T REACH ! » » • ; "The farm next to mine has electricity. My farm has not Yet I have .had my appHc* tion in for a longer time. Why is this-—n , f' * : •-*!. w.'i i il.-rs-W* i ■ V* This query... a most natural one . . . reaches the Duke Power Company a good many times these days. Here is the answer: The shortage of vital materials does, in tome instances, keep us from extending service even a few hundred feet! ^ _fc< r 4r»fiWitwiitir~ W-- ~ It is often true that one farm can be served by a cut-in from an existing secondary line y. . while to serve a neighbor, only a few hundred feet away, poles, or a transformer ore necessary. V st*sL i.-iii We want you who are still waiting for electric service to know that iust as fast as they can be obtained, poles are being set, wire strung, and transformers installed. __ Extension of the odvantoges of electricity .V. Industrial, commercial, urban, and rural ... is our aim. It is being carried forward with the least delay possible under existing shortages. ?

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