' Private Group Helps > Small Businesses Grow A combination public and private loan program to help owners ot small businesses buy equipment and build is being offered through the U.S. Small Business Administration by Fay etteville Progress. Inc., a private, nonprofit organization. Essentially, the program pro vides loans if Fayetteville Progress first approves them, then SB A approves them, a Fayetteville Pr?* gress. Inc.. administrative aide. Frank Jobes. explained Friday. Half the loan is provided by a private bank. 40 per cent by SBA. and the remaining 10 per cent by (he businessman either from his personal funds or by another loan from a private bank, which can be the same one that provides the half. The fixed assets constitute the security for the loan, and the bank, though loaning halt the money, hold the mortgage on all the assets. The borrower can obtain up to $500,000 and has 15 to 25 years to pay. . . The cost of borrowing consists ot the interest on the loan, including I ''i per cent ot it as a one-time tee paid to Fayetteville Progress: an annual servicing fee on the unpaid principal; and a one-time central fiscal agent initiation fee of SI 00. The applicant is advised to add 10 per cent of the amount of the loan to the cost of his project, to allow for expense of additional interest. Two monthly payments are to set aside in a reserve fund. The use of funds includes: - Land and building acquisition. --Construction. -Renovation. -Purchases of machinery and equipment with a useful life ot at least 15 vears. Most small, independent busi nesses are eligible tor assistance. They may be for provit corpo rations. partnerships, or sole pro prietorships that have: a real worth of less than S6 million; and a net profit, after taxes, of less than S2 million averaged over the two years prior to the application for the loan . The applicant must be of good character, show ability to operate a business successfully , have a reasonable amount of capital in vested. and demonstrate ability to repay the requested loan. The collateral can consist of one or more of these: mortgages on land and buildings; liens and chattels on equipment, machinery .ind fixtures; lease assignments; and personal and corporate guarantees. Fayetteville Progress serves Hoke and nine other counties in the v>utheastern area and is financed bv the 1 Vj per cent charged the borrower. A total of 29 Cumberland County businessmen and professional people make up the membership including the board of directors and officers of Fayetteville Pro gress. They became members by investing in the organization to provide operating capital on the principal that helping small in dependent businesses develop benefits the other businesses along with the whole community. M.J. Weeks. Sr.. a builder and McK.en7.ie Praised By USDA John Timothy McKenzie has received a Certificate of Merit, a check and congratulations in recognition of superior perfor mance while he was serving as a summer employee under the 1981 F ederal Summer Employment pro gram for youth April 19 - September 11. The awards were presented by Harvey Ford, deputy ad ministrator of plant protection and quarantine of the U.S. Department of Agriculture. If you are age 85 or older you can take an extra $1 ,000 tax exemption for age on your tax return. developer, is executive vice presi dent of Fayetteville Progress. Jobes said organizations like Fayetteville Progress have been and are being established throughout the state. LEGALS STATEMENT OF NONDISCRIMINATION Lumbee River Electric Member ship Corporation has tiled with the Federal Government a Compliance Assurance in which it assures the Rural Electrification Administra tion that it will comply fully w ith all requirements of Title VI of the Civil Rights Act of 1964 and the Rules and Regulations of the Department of Agriculture issued thereunder, to the end that no person in the United States shall, on the ground of race, color, or national origin, be excluded from participation in. be denied the benefits of. or be otherwise subjected to discrimina tion in the conduct of its program and the operation of its facilities. Under this Assurance, this organi zation is committed not to discri minate against any person on the ground of race, color or national origin in its policies and practices relating to applications for service or use of any of its facilities, attendance at and participation in any meeting of beneficiaries and participants or the exercise of any rights of such beneficiaries and participants in the conduct of the operations of this organization. "Any person who believes him self. or any specific class of individuals, to be subjected by this organization to discrimination pro hibited by Title VI of the Act and the Rules and Regulations issued thereunder may. bv himself or a representative, file with the Secre tary of Agriculture. Washington. D.C. 20250. or the Rural Electrifi cation Administration. Washing ton. D.C. 20250. or this organiza tion. or all. a written complaint. Such complaint must be filed not later than 90 days after the alleged discriminaation. or by such later date to which the Secretary of Agriculture or the Rural Electrifi cation Administration extends the time for filing. Identity of com plaints will be kept confidential except to the extent necessary to carry out the purposes of the Rules and regulations.' 43C NOTICE OF SALE OF LAND UNDER DEED OF TRUST Under and by virtue of the power of sale contained in that certain deed of trust executed on the 29th day of August. 1980. by Thad Marks and wife. Doris D. Marks, and recorded in Book 215 at Page 546. in the office of the register of Deeds for Hoke County. North Carolina, default having been made in the payment of the indebtedness secured thereby. Duncan B. McFadyen. III. Trus tee. will at 12:00 o'clock Noon on Monday. March 1. 1982. offer tor sale to the highest bidder at public auction at the Courthouse door in Raeford, North Carolina, the following described tract or parcel of land in Raeford Tow nship. Hoke County. North Carolina: Bounded on the north by Hoke Swimming Association, on the east by Board of Education, on the south by Irby. and on the west by College Drive, and BEGINNING' at a stake in the eastern edge of College Drive, that is located 20". 5 feet from the eastern edge of College Drive where it junctions with Bethel Road. Irbv's southwest corner and runs thence with the eastern edge of College Drive N 32-20 W 1 12.6 feet: thence continu ing with the eastern edge of College Drive N 26-00 W 112.6 feet to the Hoke Swimming Association lot: thence N 47-30 E 253 feet to the Board of Education property; thence S 28-45 E 150 feet to the Town pump lot line; thence S 43-30 W 50 ft.; thence S 28-45 E 50 feet; thence S 42-30 W 208." feet to the point of BEGINNING. AMENDMENT REVENUE SHARING BUDGET FY 81-82 A proposed use amendment hearing will be held on March 1, 1982 at the regular meeting of the City Council. All interested citizens of the City of Raeford are invited to attend. The fol lowing amendments to the present 1961-82 Budget are pro posed: Revenue: 50-349-00 Federal Grant $4,000.00 Expenditures: 50-620-74 Add tennis court $11,000.00 50-410-92 Literacy Council Cont. 5,000.00 50 586 74 Landfill Compactor 112.000.00) $4,000.00 The meeting will be held at City Hall for the purpose of dis cussion of the proposed amendments at 7:00 p.m. All inter ested citizens will have the opportunity to give written and oral comment. Senior citizens are encouraged to ettend and comment. Helen Huffman City of Raeford Finance Officer LEGALS This property is being sold subject to alt outstanding taxes, it any. and all prior liens of record and other special assessments as they may appear. The highest bidder will be re quired to deposit in cash at the sale an amount equal to ten (10%) percent of the amount of his bid up to One Thousand (SI. 000. 00) Dol lars plus five (5%) percent of the excess of said bid over SI. 000. 00. This the 18th dav of February. 1982. DUNCAN B. MCFADYEN, HI. Trustee WILLCOX& McFADYEN ATTORNEYS AT LAW RAEFORD. N.C. 43-44 STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE DISTRICT COURT DIVISION FILE NO. 82 CvD 18 COUNTY OF HOKE NOTICE OF SERVICE OF PROCESS BY PUBLICATION SYDELL JACOBS OXENDINE. Plaintiff vs. DENVER OXEN DINE. Defendant TO: Denver Oxendine. the above-named defendant: Take notice that a pleading seeking relief against you has been tiled in the above-entitled action, wherein the plaintiff is seeking an absolute divorce based on the grounds of a one year separation. You are required to make defense to such pleading not later than the 31st day of March. 1982. said date being forty days front the first publication of this notice, at the Office of the Clerk of Court of Hoke County. North Carolina, in the Courhouse in Raeford. and upon your failure to do so. the party seeking service and relief against you will apply to the Court for the relief sough;. This the 12th dav of Februarv. 1982. Moses. Diehl & Pate. P. A. Warren L. Pate Attorney for the Plaintiff 12" West Edinborough Avenue Post Office Drawer 688 Raeford. North Carolina 283"'b Telephone: (919) 8"'5-33",t) 43-45C NOTICE OF SERVICE OF PROCESS BY PUBLICATION STATE OF NORTH CAROLINA HOKE COUNTY IN THE DISTRICT COURT OLETA K. LOPEZ Plaintiff vs. ROBERT LOPEZ Defendant TO ROBERT LOPEZ TAKE NOTICE lhai a pleading seeking relief against you has been filed in the above entitled aetion. The nature of the relief being sought is as follows: The Plaintiff is requesting that the Court enter an Order finding Robert Lope/ in eontempt of eourt for failure to comply with that Judgment entered in this aetion on September 12. 1480. reducing the alimony arrearage to judgment, requiring Robert Lope/ to comply with the said judgment and for attorney's fees for the prosecution of this action. You are required to make de fense to such pleading not later than March 24. 1982 and upon your failure to do so the party seeking service against you will apply to the Court for relief sought. This the 11 dav of February. 1482. Dl'NCAN B. MCFADYEN. Ill Attorney for Plaintiff P.O. Box 126 Raeford. N.C. 283?b 42-44C NOTICE OF CREDITORS AND DEBTORS OF KENNETH D. STURGEON NORTH CAROLINA MOORE COUNTY All persons, firms and corpora tions having claims against Ken neth D. Sturgeon, deceased, arc notified to exhibit them to Rose W. Sturgeon, as Executrix of the decedent's Estate on or before the 10th day of August. 1982. at Route I. Box I "5. Aberdeen. N.C.. or be barred from their recovery. Debtors of the decedent are asked to make immediate payment to the above named Executrix. Rose W. Sturgeon Executrix Route 1 . Box 1 ?5 Aberdeen. N.C. 28315 PAGE. NEVILLE AND DEDMOND ATTORNEYS AT LAW P.O. Box 447-310 N. Sandhills Blvd. Aberdeen. N.C. 28315 42-45C PUBLIC NOTICE City of Raeford Hoke County North Carolina LEGALS In I ho Matter of Planning Mr. Daniel H. DcVanc PO Drawer N Raeford. NC 283"b You are hereby notified that an application is now pending before the City ot Raeford Planning Board a?d City Council requesting per mission to move a commercial store huilding front N.C. Highway 211 East to a lot next to the Car Wnsh and a service station on U.S. 401 By- pass. A public hearing will be held by the Planning Board at the Citv Hall on February 23. 1981 at 6:00 p.m. and by the City Council in the Council Chambers on March I. 1982 at 7:00 p.m. All interested citi/ens are hereby requested to attend this public hearing and express their views and opinions for the benefit of the said Boards. This public notice to be pub lished on February II. 1982 and February 18. 1982. Stanley M. Koonce. Chairman Planning Board Mayor John K. McNeill. Jr. on behalf of Raeford Citv Council 42-43C NOTICE OF SALE OF LAND Under and by virtue of the power of sale contained in a certain deed of trust executed by Neal A. Purccll. dated January 27. 1976. and recorded in the Office of the Register of Deeds of Hoke County, in Mortgage Book 190 at page 403. the undersigned substituted Trustee will at 12:00 noon on Thursday. February 18. 1982 at the Courthouse door of Hoke County in Raeford, North Caro lina. sell at public auction for cash to the highest bidder, the following described property situated in Raeford Township. Hoke County. North Carolina, and more par ticularly described as follows: Located in the Town of Raeford. Raeford Township. Hoke County North Carolina, and being all of Lot Six (6). Robbins Heights Subdivision, as shown b\ a survey prepared b> R.H. Gatlin. as re corded in Map Book 3. page 33. of i lie Hoke County Public Registry, to which reference is hereby made. This sale is made on account of default in the payment of the indebtedness secured by the said deed of trust. The successful bidder will be required to deposit with the Clerk ol the Superior Court as earnest money, ten percent ( 1 0? ?. ) of the first One Thousand ($1,000.00) Dollars of his bid and five percent (5"?) ot the excess over One thousand (SI. 000. 00) Dollars. I liis property will be sold subject to .ill outstanding and unpaid taxes and assessments. Dated this the 3rd dav of February. 1982. ARTHUR R. ROWE. Substituted Trustee ROWE A: ROWE ATTORNEYS. P.O. Box 267 Southern Pines. N.C. 28387 (919)692-7225 42-43C NOTICE OF SALE OF LAND UNDER DEED OF TRUST Under and by virtue of the power of sale contained in that certain deed ot trust executed on the 28th day ot December, 1978. by Sam Henderson and wife. Annie Ruth Henderson and recorded in Book 209 at Page 228 in the office of the Register of Deeds for Hoke County. Norih Carolina, default having been made in the payment of the indebtedness secured thereby. R. Palmer Willcox. Trustee, will at 12:00 o'clock Noon on Thursday. February 2S. 1982. offer for sale to the highest bidder at public auction at the Courthouse door in Hoke County. North Carolina, the fol-' lowing described tract or parcel of land in Antioch Township. Hoke County. North Carolina: Lying and being in Antioch Township. Hoke County. North Carolina about 3.5 miles southeast of the City of Raeford. about 1200 feet east of Secondary Road No. 1455. about 400 feet northwest of Secondary Road No. 14f>0. and on the west and east sides of Juniper Branch. Bounded on the southeast bv land originally owned by C.C. Conoly and lands owned by Tom Cameron, on the northeast by T.B. Upchurch. Inc. lands, on the northwest by Mary N. Doggett and J. Vance Norton, and on the southwest by Mary A. COnoly GiK>dman and other lands of C.C. Conoly. and being more particu larly described as follows: BEGINNING at an iron rod in the center of a ditch, the most northern corner of the tract of which this is a part, said iron also being a corner of the T.B. Up church. Inc. lands and the south eastern corner of the lands con veyed to Mary N. Doggett by deed recorded in Deed Book 82. Page 13b. Hoke County Registry, and runs thence as the original north western line and as the south eastern lines of the lands owned by Mary N. Doggett and J. Vance Norton. S M- 17-40 W b78.20 feet to an iron rod on the west side of LEGALS Jumper Branch. J. Vance Norton's corner and the northeast corner of the Mary A. Conoly Goodman lands; thence as the northeastern line of Mary A. Conoly Goodman. S 16-02-20 E 1219.68 feet to an iron rod: thence as a new line, crossing Juniper Branch. S 61-51- E 770.33 feet to an existing iron rod. the southwest corner of 2.02 acre lot previously conveyed by C.C. Conoly; thence as the lines of said lot and the lines of 2.08 acre lot conveyed by C.C. Conoly. N 28-40 20 E 77.19 feet to an existing iron rod; thence N 4-08-40 E (300.00 feet to an existing iron rod) a total distance of 339.72 feet to an existing iron rod: thence N 0-49 W 189.68 feet to an existing iron rod: thence N 22-29 E 70.00 feet to an existing iron rod; thence S 79-26-50 E 322.33 feet to an iron rod in the southeastern line of the original tract: thence as said original line. N 14-59-20 E 81.52 feet to an iron rod: thence as the original north eastern line. N 35-47-50 W 1416.83 feet to the BEGINNING, con taining 31.89 acres as shown on a map prepared by George T. Paris and Associates as surveyed by William C. Mcllwain, Jr. and being a portion of the lands conveyed to C.C. Conoly and wife. Mary Eva Conoly by deed recorded in Deed Book 87, Page 582. Hoke County Registry. This property is being sold subject to outstanding taxes, if any. and all prior liens of record as they may appear. The highest bidder will be re quired to deposit in cash at the sale an amount equal to ten (10%1 percent of the amount of his bid up to One Thousand (SI. 000. 00) Dollars plus live (5%) percent of the excess of said bid over Sl.000.00. This the 2nd dav of Februarv. 1982. R. PALMER W1LLCOX. Trustee 42-43C WILLCOX & McFADYEN ATTORNEYS AT LAW RAEFORD. N.C. STATE OF NORTH CAROLINA HOKE COUNTY IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION EXECUTOR S NOTICE Having qualified as Executrix of the estate of William Raymond Wilson of .Hoke County. North Carolina, this is to notify all persons having claims against the estate of said William Raymond Wilson to present them to the undersigned within 6 months from date of the publication of this notice or same will be pleaded in bar of their their recovery. All persons indebted to said estate please make immediate payment. This the 25th dav of January. 1982. Betty S. Wilson Route 4. Box 399B. Raeford, N.C. 28376 4I-44C NOTICE OF SALE NORTH CAROLINA HOKE COUNTY Under and by virtue of the povver of sale contained in a cer tain Deed of Trust executed bv WILLIAM DANIEL MOR RISON, and MAE BELLE MOR R1SON, to BOBBY BURNS McNEILL, TRUSTEE, dated the 16th day of January, 1978, and recorded in Book 203, at Page 043 in the Office of the Register of Deeds of Hoke County, North Carolina, and default having been made in the payment of the in debtedness thereby secured and said Deed of Trust being by the terms thereof subject to foreclosure, the undersigned Trustee will offer for sale at public auction to the highest bidder for cash at the courthouse door in Raeford, North Carolina, at 12:00 o'clock Noon on the 4th day of March, 1982, property conveyed by said Deed of Trust, the same ly ing and being in the County of Hoke, State of North Carolina, Raeford Township, and more par ticularly described as follows: TRACT NO. I: Being Lot No. 15 of Subdivision for Upchurch Milling & Storage Company, Inc., Lying and" being in Raeford Township, Hoke County, North Carolina, as shown on a plat made under the supervision of W.R. McDuffie, a Registered Surveyor, survey by John T. Furmage, and recorded in Book 6, Page 65, Hoke County Public Registry. This being the same property conveyed to Joe D. Rackley by Deed from Up church Milling & Storage Com pany, and as recorded in Book 181, at Page 146 of the Hoke County Public Registry to which reference is, hereby made. TRACT NO. II: Lying and being in Raeford Township, Hoke County, North Carolina, on the southeast side of and adjoining Secondary Road No. 1302 and being more particularly described as follows: BEGINNING at a concrete monu ment in the southeast margin (30 feet from center) of Secondary Road No. 1302, said point bring the beginning point of Tract III a* LEGALS described in Book 177, Page 499, Hoke County Public Registry, and also being South 18-02 West 116.89 feet from an original iron pipe, a common corner between Gatlin and Phillips, and runs ^ thence as and with the southeastern margin of Secondary Road No. 1302. North 65-31 East 468.85 feet a new iron stake in the southeastern margin (30 feet from center) of Secondary Road No. 1302; thence South 13-04 East 1,532.27 feet to a new iron stake; thence North 83-39 West 1,161.20 feet to a concrete monument; thence North 18-02 East 1,230.30 4 feet to the point of BEGINNING, containing 25 acres, more or less, and being a portion of Tract 111 as described in Book 177, Page 499, Hoke County Public Registry, ac cording to a plat entitled "Boun dary Survey for Gene P. Thacker" by Koonce, Noble & Associates, Inc., dated April 30, 1974, reference to which is hereby made. This being the same property con veyed to Joe D. Rackley, by Deed ^ from Gene Paul Thacker et al, and ? as recorded in Book 179, at Page 387 of the Hoke County Public Registry to which reference is also made. For further reference. See Deed from Joe D. Rackley and wife. Anne C. Rackley to William Daniel Morrison and wife, Mae Belle Morrison as recorded in Book 196, at Page 712 of the Hoke County Public Registry. ^ This sale will be made subject to all outstanding taxes, if any, and prior liens of record, if any. This sale will also be made sub ject to rights of the United States Government to redeem the proper ty according to the Federal Tax Lien laws. CASH DEPOSITS: Ten percent (lO^o) on the first SI. 000. 00 and five per cent (5?'o) on any addi tional amount bid will be required a at the date of the sale. ? Done, this the 26 day of January. 1982. BOBBY BURNS McNEILL, TRUSTEE 41-44C HOSTETLER & McNEIl I ATTORNEYS AT LAtt RAEFORD. N.C. ^ CREDITOR S NOTICE All persons, firms and corpor ations having claims against Charles Edward Helbling, de ceased. are hereby notified to exhibit them to Sandra K. Hel bling. P.O. Box 126. Raeford, North Carolina, as Executrix of the decendent's estate on or before the_ 28th day of July, 1982. or be barred* from their recovery. Debtors of the decedent are asked to make im mediate payment to the above named Executrix. This the 28th day of January. 1982. Sandra K. Helbling. Executrix Willcox & McFadyen Attorneys at Law P.O. Box 12b Raeford. N.C. 283 76 J 40-43C IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION STATE OF NORTH CAROLINA HOKE COUNTY EXECUTOR S NOTICE Having qualified as Executor of the estate of Annie J. Wilson of? Hoke County. North Carolina, this is to notify all persons having claims against the estate of said Annie J. Wilson to present them to the undersigned within 6 months from date of the publication of this notice or same will be pleaded in bar of their recovery. All persons indebted to said estate please make immediate payment. ^ This the 21 day of January, 1982. * Woodrow Wilson Rt. I. Box 147, Aberdeen. N.C. 28315 40-43C IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION STATE OF NORTH CAROLINA HOKE COUNTY ADMINISTRATOR'S NOTICE Having qualified as Administra tix of the estate of Thelma Hall Byrne of HOKE County. North Carolina, this is to notify all persons having claims against the estate of said Thelma Hall Byrne to present them to the undersigned ) within 6 months from date of the"* publication of this notice or same will be pleaded in bar of their recovery. All persons indebted to said estate please make immediate payment. This the 15th day of December, 1981. Ann Byrne Wright Route I, Red Springs, N.C. 28377 40-43C **

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view