Newspapers / Jones County Journal (Trenton, … / Oct. 19, 1961, edition 1 / Page 1
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JONES COUNTY VOLUME XIIV Beginning New Branch Bank Further Expand Kinston ‘Financial District’ wtmm The completion thi^ week of one building and beginning of another on North Quefen Street in Kinston accent the, composition what might ’ be called a “financial district’' for the county seat-jof Lenoir County. Mutual Savings and Loan Asso fciation this week is holding the grand opening of its elegant new home at the comer of Queen and Lenoir, and Branch Banking and Trust Company has begun con struction of its new drive-in unit at the comer of Queen and Grainger. The savings and loan home is one of the most striking buildings ' in North Carolina and aside from providing a treat for the eyes it includes the very latest advances tfor the service of its customers. The building was designed by Kins ton Architect John Roland and buBt by Hardy-Harvey Construc tion Company. The “financial district" of Kins ton, with the completion of the Branch Bank facility will begin at Washington Street and extend to the new bank office. In this three-block area are locat ed the offices of Home Federal Savings and Loan Association, Mu tual Savings and Loan Association, Commercial , Credit Corporation, Kinston Auto Finance Company, General Unfits ^feptapce .^rpj surance Company, Mutual' of ttew York Insurance Company, North Carolina Offices of the 'Woodmen of the World and Eastern Carolina offices of Retail Credit of Atlanta. The last four of these having of fices in the Home Federal building. j. r. 1 duuu iiiwuiy^uiicu, surance and real estate brokers, are located at 60S North Queen arid Ofiarlie McCullers, representative of a mutual fund, also has offices in the Home Federal Building. Of course, it will be some months befpre the Branch Bank office is in use, since it Was only begun this week. Tom Heath, executive vice presi dent of Mutual Savings says so far his building has no specifically fi nancial tenants except CPA John F. Prescritt, but “we do have the FBI to watch us all,” he added. Oops! Exhibit Slipped Dixie Fertilizer Company of Kinston and New Bern is among those companies represented in the Trade Fair in Charlotte. Part of its sxhibit was a framed $1,000 bill, two $100 bills and a single $50 bill, accenting the company's “$1250 Club” for farmers wbo use Dixie fertiliser and tell their tobacco for as much as $1250 par acre. Friday night the cask exhibit was stolen. Felix Harvey of Kinston, president of the company, saye die same ex hibit has been shown hundreds of times all near East Carolina, so it ‘ ' * ■ ‘ ’ - — tkat if ak/MtU LIQUOR CHARGES ' Over die weekend ABC officers charged Eugene Simmons of 40S North East Street, Robert Foster erf 302 Detroit, Gorina Qardner of 719 South Bivis and Bern**- Ed ward. of 528 1/2 Sbuth Queen with. Mother, Daughter, Niece Charged with Shoplifting \ Saturday Kinston police. arrested a. 46 year-old mother^ her 24 year old daughter and her 22 year-old .niece on charges of shoplifting in at least four downtown Kinston es tablishments. The mother, Mrs. Liza Lee -Piike, gave her home address as Pink Hill route 1, but investigation revealed (that she lived at 400 Old Asphalt Plant Road. The daughter, Mrs. Margaret Pike Hardison, gave her home ad dress as Maysville route 1, as did the niece, Joyce Gratjt. A huge array of articles from Brody’s, Greens’, McLellan’s and Penney’s was taken from the trio upon their arrest. Mrs. Pike Monday was given a 3-month prisoh term. She filed no tice of appeal .to superior court. The younger women were given 3-month terms but they were sus pended upon their payment of $50 fines. They accepted, this judgment. who appear-to be extremely stub born offenders on the basis of the charges placed against them. Anthony King of 1502 Andrews Street was charged with driving af ter his driving license had been permanently revoked and also ig noring the financial responsibility act by not having liability insurance on his car. Herman Davis of Deep Run route 1 was charged with his fifth drunken driving offense. Maysville Rotarians Begin Planning for School Yule Parties The weekly meeting of the Mays ville Rotary Club was held Tues day evening at the community .building with president Albert Bra cey presiding. Business brought before the meet ing included an anouncement from Jer'fe Rufus Pelletier that he is try ing to /locate a Quonset Hut for the Maysville Scouts but so far hai been unsuccessful. President Bracey selected a com mittee to find money raising pro jects for the annual Christmas par ty. Those named were Milan La Roque, J. P. Gardner and Virgil Jenkins. The Christmas party includes en* tertaining the- white and colored, children at their schools. Wild Teenagers Get Six Months in Jail Recorder Eraniett Wooten Mon day sentenced two Kinston area teenagers each to six months in prison. \ Robert Glenn Coombs of the Riv ermont section w*s found guilty of multiple /traffic violations and Rex Harrison pled guilty to stealing a watch and three quarts of oil frofn Leonard Loftin Oil Company. was already under a sus prison term fit multiple traffic Maysville Scouts Add Two Patrols Maysville Troop 209 held its re gular meeting Thursday evening at the community building. Main item on the agenda was the forming of two new patrols, bring ing their troops to four. They arc Fox, Wolf, Eagle and Beaver. During this time, Cpl. Jim Wright, recently coming to Maysville, help ed the other boys learn some im portant facts about the compass, which is one of their 2nd class re quirements. The troop wishes to thank Cpl. Wright for his interest in their program. New Bern Doctor is Badly Hurt in Auto Accident on Monday Dj", Pleasant May Williams, well known negro physician of New Bern, was critically injured early Monday ip an jt&idcat.fbtfr miles ■Cait' mPBw&cltsvnie on .the Island Creek road. Patrolman B. W. Oakley, who investigated, says the doctor’s car skidded down its right Shoulder of the road for 520 feet, .then crossed the road and rammed into a ditch. There the car caught fire and was burning when a pair of deer hunters from Pollocksville, Durwood Swearinger and Audrey White, came along and pulled Williams from the burning wreckage. Oakley says it appears that in the crash into the ditch the doctor was probably knocked unconscious and his foot jammed against the accelerator, causing the car to run at a high rate of speed until it caught fire from the overheated motor. Williams was riding alone, so far as Oakley and the men who found the doctor know. Jujry Awards Burkette $5,853 for Damages In *57 Auto Accident After brief deliberation last week .a jury in Lenoir County Superior Court award Roscoe Burkette of Kinston $5,853 damages from the State Farm .Mutual Automobile In surance Company. Burkette was hurt in October of 1^57 while riding in a car owned and driven by Joseph Paul Edwards.' Edwards claimed coverage of Kis car by the insurance company, but the company claimed Edwards’ pol icy bad lapsed. . , An earlier trial bad resulted in Burkettp'being awarded the $5853 damages, and the trial fast week ended with the jury finding that the "policy was in force at the time of the accident urwhich Burkette was hurt, i;;:; l Marriage License Jones County Register of Deeds reports tlie issue of'one marriage Hcense, in the past week to Whiter Percy Henderson, 33, of Trenton end Snrena Bissette, 36, of Bailey. FHA Raises Interest Paid on Funds Borrowed From Individual Lenders Above two of tbe three Jones County FHA Committeemen are seen with County FHA Supervisor Josh Mewbom Tuesday of this week as they went over some of the growing number off applications for loans that the Jones County FHA office has received. At left is Whiter Ives, who has been a committeeman for three years, and in the center is J. R. Jarman, who was attending his first committee meeting on Tuesday. Jarman replaced Ed. Parker, who has taken a full-time job with FHA in the processing of emergency type loans. Maysville PTA Plans Fall Festival to be Held on October 31 The Maysville Elementary PTA met last Monday evening at the school with Mrs. Richard Keyes presiding. The meeting began with the fifth grade presentation of a program concerning Outer Space. Following minutes and treasures report, the various committees re ported. The Ways and Means com miftee announced the Autumn Fes JayaLviU. 1>e .held Tuesday, Oct. 31 beginning at 6:30 p.m. The Health and Safety Commit tee is planning safety measures for the smaller children at street high way crossings. They also are plan ning to have their lunch menus printed in the newspapers each week. Aicj to the school library is be ing planned; also changes and im provement in the school cafeteria. Room count Was won by the fifth grade. Tuesday US 17 Auto Tangle Results in Indictment of One A fender-bending at 10 Tuesday morning on US 17 four miles south iui jruaic_H.Ki>viJic rcsuneu in me in dictment of one of the two drivers involved, and a total estimated damage of $150. Patrolman B. W. Oakley says Royal Greason of St. Petersburg, Florida started to pass a car driven by Leman Henry Jenkins of Hubert route 1. JuSt as the Florida man’s car came alongside the Onslow Countian’s car, Jenkins pulled out to begin passing a pulpwood truck that was ahead of them. Jenkins was charged with at tempting to pass without first mak ing certain it could be done safely. Land Transfers Jones County Register 'of Deeds Bill Parker reports the recording of the following real estate trans fers during the past week: From Ronnie Foster Coble to C. A. Battle a tract in Cypress Creek Township. From Raymond L. Adams to Christopher Leroy Adams a tract in Tuckahoe Township. From Robert B. Leathers to Da vis iM. Leathers one lot in White OakTownship. Froth Laura H. Harvey to Dixie Chemical Co. 2.08 acres in(Poltocks ville Township. From Lucy Spicer to James Frost Farmers Home Administration County Supervisor J. E. Mewborn Jr. this week announced that the return to lenders who invest in Farmers Home Administration loans has been increased from 4 to 4 1/2 percent. F'armers will continue to pay 5 percent interest on these in sured real estate loans made by FHA. In addition, the insurance en dorsement on insured notes will carry a 3-year repurchase agree ment. Previously the lender had to hold the note at least 5 years be fore he could exercise the option .to sell it back to the Government. h'HA makes its loans from two sources. Direct — Treasury funds appropriated by Congress; Insured I— Funds or loans made by private lenders. Through the insured loan pro gram carried on by FHA private lenders can advance funds to el igible farmers for- certain types of loans. The insured farm loan pro grant makes available to fanners a supplemental source of credit, and encourages use of private capital. "The change to 4 1/2 per cent should make these loans more at tractive to private lenders,” Mew horn said. "We hope that more lenders will participate in our pro gram, so that fanners without ac cess to conventional and coopera tive credit sources will have an op portunity to make needed capital improvements on ^their family farms." Raising the return .to lenders is expected to provide FHA with funds to activate a new program author ized by the current session of Con gress in which insured loans total ing- $25 million may be made each year for farm labor housing. Under .this legislation, eligihle owners of farms, associations of fanners, State or political subdivisions, and public or private -non-profit associations may obtain loans to* construct de cent, safe and sanitary housing for domestic farm labor. FHA has had authority to insurp loans for the purchase and develop ment of farms since 1948, and for water development and soil con servation purposes since 1954. Loans totaling $150 million may be insured each year. , Demands for these loans are ex further after Oc the agency irrtple
Jones County Journal (Trenton, N.C.)
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Oct. 19, 1961, edition 1
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