TOWN OF MOREHEAD CITY,
North Carolina
CONDENSED FINANCIAL STATEMENTS
V .
Fiscal Year Ended June 30, 1955
BALANCE SHEET
ASSETS:
Cash on Deposit and on Hand
Uncollected Taxes
Street Assessments Receivable
Accounts Receivable ? Hospital Patients
Accounts Receivable ? Others
Investments ? U. S. Bonds
Investments ? Real Estate Purchased
Inventories of Supplies ......
Fixed Properties
Total Assets
LIABILITIES. RESERVES AND SURPLUS:
Accounts Payable .. ....................
Withholding and Social Security Taxes Payable
Hospital Insurance Payable
Prepaid 1955 Taxes
Bonded Debt
Total Liabilities
Reserves for Deferred Collections and Losses:
Taxes Receivable
Accounts Receivable ? Hospital Patients
$ 91 ,3t6.93
58.038.82
31.822.90
64.991 48
1,378.21
30,240.00
1.358 79
6.650.00
1.355,374.86
$1,641,771.99
$ 18.019 96
1,862 71
152.15
41.467.95
570,925 82
$ 632,428.59
Reserve for Bonds Called but not Delivered
Reserve for Operating Expenses:
Recorder's Court
Recreation Commission
$ 58.938.82
64,991 48
1,652.27
2,267.69
123.930.30
5.925.82
3,919.96
Total Liabilities and Reserves .. $ 766,204.67
Surplus or Deficit: Deficit
General Fund ......... $194,053.09
Debt Service Fund
Hospital Fund
Recreation Fund
Capital Fund
Surplus
$
163,607.33
83,941.03
3,195.15
818,876.90
$194,053.09 $1,069,620.41
Net Consolidated Surplus
875,567.32
Total Liabilities, Reserves and Surplus
$1,641,771.99
C^SH RECEIPTS AND DISBURSEMENTS
RECEPITS:
Taxes and Penalties Collected ii
Street Assessments Collected
State Intangible and Beer and Wine Tax !
State Franchise Tax
Hurricane Hazel Disaster Relief
Parking Meters
Schedule "B". Auto,, Bicycle and Dog Licenses
Revenue from Recorder's Court
Rent ?
Building Permits
Paving and Repairing Streets
Sewer Permits and Water Tap Fees
Sale of Cemetery Lots
Powell Street Aid ... ? ?
Carteret County for Police Radio -
Insurance and Other Refunds
Payroll Deductions - -
Miscellaneous .?.
Hospital Receipts:
Patients -
Collections on Bad Accounts -
Tax Collections -
County Board of Alcoholic Control
State and Federal Appropriations
County Welfare Department
Medical Care Commission
Contribution -
Miscellaneous
102.11
130,403.74
6,77031
3,047.85
9.980.25
10,899.50
8,013.90
3,438.37
600.00
609 50
829.00
3,492.05
510.00
18,224.64
2.080 00
3.285.26
2,886 88
714.87
$202,174.88
14.48
2,19?.60
13,837.23
679 46
3,835.22
792.25
2^000.09
6,01524
231,348.55
Recorder's Court Receipts:
Court Costs $ 13*025.04
State I. and I. Tax 1,622.00
Fines Due County Schools 10,672 SO
Amount Due Others - 3.535 80
Recreation Commission Receipts:
Tax Collections
Donation from Morehead City Garment Co.
Snack Bar, Music Box, Etc
Payroll Deductions
4,384.29
100.00
976.00
85 23
29,755.74
5,545.52
Total Receipts
CASH BALANCE JULY 1, 1954
Total Reciepts and Balance
% 472,318 04
... 84,589 46
$ 556,917.50
DISBURSEMENTS:
General Fund ... ?
Debt Service Fund
Tax Collection! Remitted to Hospital and Recreation Funds
Paid on Accounts Payable ......... ? -
Election Expense -
Expense of Dog Control -
Recorder's Court Officers Fees
Parking Meter Supervision -v.
Police Radio ? - - -
Payments to Hospital Savings Association
Payments in lieu of Vacation and Bonuses
Powell Street Aid Expense - -
Advances to Employees ?
Miscellaneous - -
Social S<ecurity and Withholding Taxes Paid
Hospital Fund Expenses
Recorder's Court Disbursements:
Costs Remitted to Town General Fund 4 3,387.37
Salaries to Judge, Solicitor and Oi ks 7,880.25
Jury, Witness and Other Fees - 881186
Feeding Prisoners 1,943.83
Office Equipment and Supplies 797.27
Restitution Payments 978.99
Appearance Bonds Remitted to Clerk of Superior Court 927(00
Fines Paid to Connty
Paid State I. and I. Tax ?
Special Guards and Medical Attention .
Bonds Refunded
Refunds and Miscellaneous
10.872 90
1.62800
38 00
428 00
436.67
161,748.31
14,775.35
6,583.89
13,272.85
28 00
277.00
1,437.00
1,203.57
749.50
1,595.95
1*80.00
165.00
100.00
72.53
1,886.94
228,639.30
29,869.93
Recreation Commission Disbursements:
Salaries of Directors and Aaaistaats ....
Equipment Repairs and Maintenance
Heat, Water and Lights
? 4,482.95
... 1,467.82
Supplies and Miscellaneous
327 84
441.11
7.46B.07
Total Disbursements
4 471,326 39
Judge Fountain
To Preside Next
Week in Court
Judge Malcolm C. Paul
Issues Judgments
On Civil Cases
Judge George Fountain of Tar
faoro will preside at the special
criminal term of County Superior
Court which opens Monday.
Highlighting cases on the docket
will be the charges of breaking,
entering and larceny against J. D.
Arnold Jr., Larry Daniel Kennitz,
Ralph Arnold. Neta Skipper and
Alton Waddell.
Twenty cases are scheduled for
trial Monday, 14 for Tuesday; 10
for Wednesday; eight for Thurs
day and three on Friday.
In the civil term of court this
week. Judge Malcolm C. Paul pre
siding, Mrs. Eva Harker was award
ed a judgment of $8,500 as the
result of an automobile accident
in New Bern. W. Henry Dail was
the defendant.
J. A. Moore, trading as J. A.
Moore Equipment Co. was award
ed a judgment of $200 and in
terest from Sam Ervin.
The case of W. C. Matthews vs.
G. C. Courtney was settled with
Mr. Courtney agreeing to repair
the road leading to Mr. Matthews'
camp on the Merrimon Road
Divorces were granted to Alfred
W. Pittman vs. Myrtle L. Pitt> an,
and Shirley S. Ervin vs. Chauncey
H. Ervin.
Nellie Ann Fulcher was granted
custody of her children with the
plaintiff, William Carl Fulcher,
ordered to pay $20 per week for
the support of the children He
was also granted privilege of visit
ing the children.
in a land dispute between Wil
liam Wethington, L. T. Wething
ton, Mitchell Wethington, George
B. Wethington, John A. Wething
ton and Eleanor Wr. Brinkley
against Ebbie James Wethington.
Kathleen B. Wethington and Sudie
Wethington, the court ruled in
favor of the plaintiffs
Principal Lists
Luncheon Menus
E. B. Comer, principal of New
port School, has released the lunch
con menus for the coming week.
They are as follows:
Monday ? Roast pork and gravy,
steamed rice, stCWed potatoes with
onions, carrot sticks, plain cake
with cranberry filling, bread, but
ter and milk.
Tuesday ? Lima beans, tomato
soup. cabbage-carrott-raLsin salad,
luncheon meat, hot rolls, grape
fruit sections, crackers, butter and
milk.
Wednesday ? Hamburgers and
brown gravy, whipped potatoes,
green beans, fruit jello and
cookies, hot biscuits, butter and
milk.
Thursday ? Fried fish, tossed
salad, peas and carrots, corn bread,
apple sauce, butter and mlik.
Friday? Ham, steamed cabbage,
candied potatoes, corn bread
squares, cranberry sauce, cookies,
butter and milk.
First Baptist Church
To Present Music Service
A special program of worship
through music will be presented
in the First Baptist Church, More
head City, Sunday at 8 p.m. The
program will be under the direc
tion of Ralph Wade, director of
music, and will feature numbers
by the senior and youth choirs, as
well as other musical selections.
The public is cordially invited,
announces Dr. John Bunn, pastor
The Rev. Marvin Haire
To Speak at Harkers Isle
The Rev. Marvin Haire, former
ly serving charges in this county,
will he guest speaker at a service
in the Harkers Island Baptist
Chapel at 3 o'clock Sunday after
noon.
Mr. Haire, who established the
Baptist mission at Harkers Island,
is a former pastor of the church
at Davis and also organized a mis
sion at Newport.
Dry-Oock*d by Forc?1
Photo by Roy Eubanks
Jimmy Allen Lewis, Marshallberg. who was thrown Friday from the wrecked speedboat pictured
above was reported to be improving at the More head City Hospital yesterday. Mr. tawis was thrown
from the boat when he attempted to turn the craft away from B. J. White's pier on the Beaufort-More
head causeway. The speedboat leaped over B. J. White's skiff, in the foreground, and landed on the
dock. Mr. Allen suffered a fractured collarbone and bruises. He was rescued from the water by Bill
Bowles of the causeway.
The Rev. Leon Couch Will Be
Guest Minister at Ann Street Church
I The Rev. Leon Couch, pastor of<
the First Methodist Church, More
I head City, will be the guest min
i ister at the week-long revival in
Ann Street Methodist Church,
Beaufort, next week.
The services start Sunday night
and continue through Friday, May
11. The theme will be Becoming
Better Christians. Services will be
gin each night at 7:30.
Topics each night are as fol
lows: Sunday, A Fellowship of
Love; Monday, The Pruner and
the Pruned: Tuesday, A Personal
Guide Book; Wednesday, Stead
fast Thoughts; Thursday, Our
Evangelistic Heritage; and Friday,
From Death to Life.
Pastor of the church is the Rev.
J. D. Young.
Customs Officer Speaks
To Beaufort Rotarians
James Crowe, Beaufort customs
officer spoke at the weekly meet
ing of the Beaufort Rotary Club
Tuesday night at the Inlet Inn.
Mr. Crowe, introduced by pro
gram chairman James H. Davis,
explained the operation of the cus
t o m s department, immigration
! laws and the interest of the pub
lic health service in ships enter
ing and leaving the Morehead City
port.
Guest Rotarians at the meeting
were Jim Morrill, Morehead City,
and Bob Montague, Newport.
State Gets More
Funds for Repair
Washington, (AP)? President
Eisenhower on Monday author
ized an additional $600,000 to re
pair damage suffered by areas
of North Carolina in last fall's
hurricanes.
This brings the total allocated
to North Carolina to $3,100,00.
Eisenhower notified North
Carolina Gov. Luther "H. Hodges
of his decision by telegram
h t ?
This is Posture Week
Jimmy Owens, left, and Sylvia
Harrell, seniors at Beaufort School,
represented Carteret in the Cor
rect Posture Contest at Dunn re
cently. Mr. Owens won second
place and a $25 savings bond.
This week, May 1-7 if Correct
Posture Week, ft la being observed
by chiropractors throughout the
nation. Emphasis this week has
been on correct pocture for Amer
ica's school children.
"Instilling the necessity of good
posture In the young child is a
practice which will pay great divi
dends later In the child's life,"
CASH BALANCE JUNE 30. 1955:
Operating Funds _v - $33,191.85
Hospital rund 48.479.30
Recorder's Court Account - 1.652.27
Recreation Commission 2,267.69 85,591.11
Total Disbursements and Balance $ 556,917.50
CERTIFICATE
We hereby certify that we have made an Audit of the financial records of the
Town of Morehead City, North Carolina, for the Fiacal Year Ended June 30. 1955; and
have filed our Report thereon with the Town Commissioners.
We further certify that we have prepared the above condensed statements from
' our Audit Report; and that the above statements are In agreement with our Report
and the Books of Account.
Therefore, we certify that, in our opinion, the above represents a true statement
of the financial condition of the Town of Morehead City, North Carolina, at June 30,
1955, and a summary of Receipts and Disbursements for Year Ended same date.
WILLIAMS A WALL
? i. By: Frank P. Wall,
Certified Public Accountant
Photo by Clifton Guthrie
says Dr. R. 0. Barnum, Morehead
City chiropractor.
He said the health of 53 per cent
of the adults in this country ii
affected by poor posture, and that
76 per cent of the school children
in the United States have some
form of postural defect.
Such a high rate of postural
distortion in children is due, to a
great extent, to the influence the
parent has on the child, he con
tinued.
In many instances, one or both
parents have poor posture, thus
setting a bad example which may
be followed by the child. Parents
should check on themselves in this
respect. Dr. Barnum said.
NCEA Members
To Attend Dinner
At Camp Glenn
Members of the County Nortti
Carolina Edocational Association
wOl attend their annual Mttqtfct to
night at the Camp Glenn School
at 6:30.
E. B. Comer, .president of the
association and Newport School
principal, announced that Dr. Cut
lip, professor at Atlantic Christian
College, Wilson, will be the
speaker.
Hiss Jo Anne Wade, Wildwood,
will sing several selections as part
of the program.
Special guests will be Jodie and
Mrs. Luther Hamilton. Mdrehead
City; Mr. and Mm. Metes Howard,
Newport, and D. G. Bell, Morehead
Cltjr.
Fight Churches
UIIII Akr nrun
win unserve
4-M Sunday
Eight churches throughout the
county will obaerve 4-H Sunday
during the following services this
coming Sunday:
Atlantic Methodist Church, 7:30
evening service, the Rev. Louie
Lewis, pastor, delivering the ser
mon; Otway Christian Church, ,
Christian Youth Fellowship meet
ing, 8:30 p.m.
Woodville Baptist Church, Bettie,
Sunday School at 10 a.m.; Markers
Island Methodist Church, Meth
odist Youth Fellowship at 6:30
p.m.; Pelletier Baptist Church, 11
a.m. service, the Rev. Roba Lei
King, pastor, delivering the ser
mon.
Oak Grove Methodist Church,
Bachelor, Sunday School at 10 a.m.;
Wildwood Presbyterian Church. 11
a.m. service, the Rev. Alvis Daniel,
pastor, preaching the sermon; and
the Newport Missionary Baptist
Church, 11 a.m. service, the Rev.
Dan Jolly, pastor, preaching.
Driver Pays $100,
Costs in Court
Norman Thomas Fisher was fined
$100 and costs for driving drunk
by Judge Herbert Phillips in More
head City Recorder's Court Mon
day. Fisher was given a 90<lay sus
pended roads sentence on condi
tion that he be on good behavior,
tor one year.
William Edward Bell was fined
$10 and costs for being drunk and
disorderly. He was given a 30-day
suspended roads sentence on condi
tion that he be on good behavior
for two years.
Costs Levied
John J. Cerelli and Thomas E.
Hamic each were assessed costs for
stealing gas and destroying per-t
sonal property. They were given'
60-day suspended roads sentences
on condition that they be on good
behavior for two years.
Donald Lee Zeis was fined $10
and costs for following too close.
A charge of molesting, against
Zeis, was left open for future
prosecution.
Charges of molesting against
Richard A. Valley. Harry H.
Browning. George E. McTurk, Ray
E. Mitchell and George P. Hay
were left open for future prosecu
tion.
Donald Gray Knudsen was assess
ed costs for public drunkenness.
Sentence Suspended
Rodney Turnage was assessed
costs for public drunkenness. He
was given a suspended 30-day roads
sentence oh condition that he be
on good behavior for one year.
Andrew Davis was assessed one
third costs for no city tags.
Cases against the following were
continued: Ralph Gray Mason, Hen
ry Alstead, Wright Loftin, Harri
son Horton, Roland Atlas Bramble.
Will Smith, Gerald T. Cullen and
William T. Raymond.
Date Changed
O. J. Morrow, manager of the
Morehead- Theatre, said yesterday
that the theatre opening date at
present is indefinite. The change
was made after section 3 of today's
paper went to press carrying the
May 9 opening date in the movie
story. The delay is due to a hold
up in getting air-conditioning
equipment, Mr. Morrow said.
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