Southern
National
Income
Rises
Southern National Corporation
eported that its net operating
ncome (income before security
ransactions) amounted to $3,198,
45 for the first six months of 1982
5 compared to $2, 601, 241 in 1981.
)n a per share basis this was SI .88
n 1982, an increase of 24% above
he 1981 figure of $1.52.
For the quarter ended June 30,
982, the net income before
ecurity transactions was $1,555,
04 as compared with $1,231,926
n 1981 . This amounted to $.92 per
hare in 1982, an increase of 28%
tbove the $.72 per share earned in
he second quarter of 1981.
On March 30, 1982, Forsyth
iank & Trust Company, Winston
ialem, was merged into Southern
National. This merger was ac
ounted for under the pooling of
nterest method. The figures for the
irst quarter of 1982 and the first
ind second quarters of 1981 were
estated to include those of Forsyth
lank.
Southern National Corporation
i a one-bank holding company
perating a total of 78 offices
seated in 35 cities and towns in
lorth Carolina. The shares of the
Company are traded in the Na
ional Over-the-Counter market
inder the NASDAQ symbol SNAT.
I outh Council
Offers
Ppport unities
The Hoke County Youth Coun
1 has many opportunities for
udents in Grades 8-12.
Members are totally responsible .
t all functions of the council.
The purposes of the council are
develop responsible leadership
long the young people of the
lunty; promote youth involve
ent in community affairs; and
ovide a voice for the youth of the
unty.
This year the council plans to
rry out a project every month,
lis includes a Miss Teenage Hoke
founty pageant, which will be held
I November.
Any student is welcome to at
ind the council's next meeting,
hich will be held in August.
Anyone with questions is advis
Id to call Amy Wilson at 875-2194,
r the Parks and Recreation office,
75-5603.
orriher Chairs
[Hefner
Campaign
Congressman Bill Hefner today
ppointed Landis businessman and
civic leader Fred Corriher Jr. as his
r -election campaign chairman.
The Democratic congressman is
seeking his fifth term of office.
Corriher, 43, directed Hefner's
successful campaign in 1976.
WE WANT TO
WPE OUT
CANCER
NTOUR <b
UFFHME 1
AMBKAXCAfCWSOCtTV
DANIEL H.
DeVANE
N.C. HOUSE OF
REPRESENTATIVES
~ MM
Division 8 Roads
Meeting July 29
A public meeting that will help
the state Board of Transportation
reassess and^ reorder highway con
struction priorities as a result of
severely limited financial resources
July 29 Tr?y ?" Thursday>
c JTV5 1m,e^in8 ls one in a series
scheduled in each of the state's
highway divisions to begin the
process of updating the 1982-91
transportation Improvement Pro
gram (TIP).
. T*1? J[p is the department's
oasic highway construction plan
ning document. It was last updated
in December 1981, following a
similar series of public meetings.
? lj!ls year's meeting for counties
in Highway Division 8 will be held
at 2 p.m. Thursday, in the Mont
gomery Technical Institute Audi
torium located on Page Street
(Secondary Road 1332) off NC
24-27 east of Troy. Transportation
Board member Martha C. "Ben
nie ?' Hollers will preside. Speakers
will be registered between 1 and 2
p.m. at the institute.
Counties in the divison are
Chatham, Hoke, Lee, Mont
gomery, Moore, Randolph, Rich
mond and Scotland.
The meetings this year will be
held with emphasis being placed on
the highway funding crisis which
state Transportation Secretary Wil
liam R. Roberson Jr. said will have
Magistrates
Court
The following Hoke County
magistrates' judgments were issued
last week.
Lizzie McKinnon Baldwin, Rt.
1, Box 177, Lumber Bridge, unsafe
move, costs.
Gwendolyn Yvonne Dudley, Rt.
I, Box 117, Lumber Bridge, failing
to drive on the right, costs.
Ashvinkumar Patel, Whispering
Pines, failing to stop at a stop sign,
costs. r *
Michael Witmer, Pinehurst,
speeding 67 in a 55 zone, $10 and
costs.
Deborah A. Patterson, Rt. 3,
Box 70, Raeford. worthless check,
553.58 restitution to McDonald's
Tire Service, and costs.
David Keith Via. Rt. 2, Raeford,
expired registration plate, costs
Nathaniel Watkins. Rt. 1, Bo*
'22-N. Lumber Bridge, worthless *
check, S21.80 restitution to Jim
my's, and costs.
Mack Virgil, Jr., Box 767,
Kaeford. worthless check, S30 77
restitution to Jimmy's Exxon, and
costs.
Elease S. Tew, Rt. 3, Box 3094,
Raeford, worthless check, $34
restitution to Just Auto Insurance
and costs.
Vernia Murchison, Rt. 2, Box
293. Raeford, worthless check. $6
restitution to Jimmy's Exxon, and
costs.
Donald K. Hough. Rt. 2. Box
168, Raeford, worthless check, $20
restitution to Jimmy's, and costs.
Joseph G. Hayes. Fayetteville,
worthless check. $20 restitution to
Parks Exxon, and costs.
Tony Covington. Rt. 1, Raeford.
worthless check, $10 restitution to
McMillan Grocery, and costs.
Jerry R. Bratcher, 1949 Tyler
Loop, Raeford. worthless check,
$10 restitution to Jimmy's Exxon,
and costs.
Mark Douglas Blanton, Fay
etteville, failing to yield right of way
at a stop sign, costs.
Hezron Charles Dunkley. Ft
Bragg, speeding 70 in a 55 zone!
$10 and costs.
DeLarry McLean. Raeford. un
safe move, costs.
Thomas Raymond McCranie,
Fayetteville. failing to reduce speed
to avoid an accident, costs.
Gary Alan McMillan. Rt. 2,
Shannon, passing at an inter
section, $10 and costs.
Donnie B. Nicholson. Rt. 1, Box
602, Red Springs, expired license
plate, costs.
William Edward Parker, Jr.
Southport, failing to yield right of
way at a stop sign, costs.
Harvey Taylor, Ft. Bragg, speed
ing 60 in a 45 zone. $10 and costs.
IWA0?*jKtt KBTAUKAWT
twumoav k moAv
SHRIMP BASKET
(?bout 20 shrimp)
*rtth Stow ft HuahpuppiM
YOUR VOTE
on
JULY 27
PETE HASTY
NC HOUSE
an impact on the TIP.
Sharp increases in the costs of
highway work due to inflation and
declining state highway revenues
resulting mostly from more fuel
efficient vehicles are the main
causes of the funding crisis.
With this severe problem facing
us, we strongly urge the public to
help us make a very careful review
of the projects already in the
1982-1991 TIP," Roberson said.
"We want the people of the state to
share with us their opinions on
what our priorities ought to be in
view of our funding crisis.
"When our Board updated our
current program last year, SI. 2
billion in highway projects had to
be made inactive due to anticipated
lower funding levels for construc
tion," Roberson said.
He added that the SI 20 million
of additional revenue generated by
the Governor's Good Roads pro
gram has been used chiefly for
maintenance to protect the highway
system as originally proposed. This
past fiscal year, the Board awarded
contracts to resurface 3,300 miles
of highways as compared to ap
proximately 350 miles the previous
fiscal year.
Roberson cautioned that unless
new sources of funds are found by
July 1983, the state will not have
matching funds for federal highway
aid used in the highway improve
ment program. Currently 1977
bond funds for highway construc
tion are being used to match
federal aid. These funds will be
exhausted by July of next year.
That will mean, in effect, said
Roberson, "that we won't have a
highway construction program
after that date."
The secretary added, "We be
lieve the TIP is a positive approach
to scheduling highway projects and
other types of transportation im
provements involving aviation,
public transportation, rail and
bicyces. We need the public's help
to keep our program viable and
responsive to the transportation
needs of North Carolina.
"We will also bring people up to
date on the status of projects in
their particular area and provide
them a summary of our projected
revenue and the costs of construc
tion," he said.
Local officials have been invited
by Gov. Jim Hunt, Roberson and
members of the Transportation
Board to make recommendations
on highway and other transporta
tion priorities at the sessions.
Roberson also issued a "special
plea" for citizens from all walks of
life to participate in the meetings.
The secretary plans to attend the
sessions.
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. x
PUBLIC MEETING: xv
Transportation Improvement Program .s y
SUBJECT: Annual Update \/
Thursday. July 29, 1982 - 2:00 p.m.
FOR: Division 8 residents (counties shown on map)
Montgomery Technical Institute Auditorium, SR 1332 (Page Street), off
NC-24-27 East of Troy
Graduate of:
Hoka County High School and University of North Carolina
School of Pharmacy
Hoke County Native
Past President Hoke - Raeford Chamber of Commerce
and other civic organizations.
A VOTE FOR TOM HOWEU
ISA
Vote For The Future Of Hoke County
YOUR VOTE OH JULY 27 VflU.BE GREATLY APPRECIATED