r(U"
-rr>
o
R. Norton and
)l~ ^ Norton* aw spending
** K:;£V*it* Mr. *nd Mrs.
tb* V and Stophon.e of
puUP-e
tI Va. While away
, trip to Wnshing
thE CLASSIFIEDS! I
TRy T
You don’t have that
'ted UP" feebnug
visit your Barber
- lv Don’t neglect
g part of your appear
ance
"Dre
less you
acme
Harbor Shop
— Dial 5411
|17 Broadway
Black Mountain
i ms is
the Law
Ry Robert E. Lee
(For the N. C. Bar Association]
INTEREST
WhRt is the lepal rate of inter
est in North Carolina?
Six per cent a year. That is
for a loan of one hundred dollar?
for a period of one year, the in
terest may be at a lesser rate of
interest.
The rate of interest is not nec
essarily all * of the expenses in
curred by a borrower on a loan
These additional expenses may de
pend upon the business practices
and policies of the particular lend
er, the financial responsibility of
the borrower, and the type of
filling prescriptions
requires accuracy as well as
pure INGREDIENTS.
Our Pharmaceutical Department uses only the Best
and Freshest Drugs Available. They are compound
ed by a REGISTERED PHARMACIST only.
KNIGHT'S PHARMACY
WALGREEN AGENCY
DIAL 3331 Black Mountain, N. C.
COAL - -
Royal Blue and
Cavalier
IF YOU HAVE A BAD FIRE CALL 4211—FIRE DEPT.
If You Want a Good Fire Call 3231,
Black Mountain Lumber Co,
Blackmwntain
cCjUSftfeSL CcHK/ZOfiUt,
INCORPORATED 1908
CtotU <?SieAA
LUMBER. BUILDERS' SUPPLIES
BLACK MOUNTAIN,N.C.
X
V
X
X
x
x
v
X
x
X
X
X
X
X
X
X
X
X
X
X
X
X
y
*
X
X
x
X
X
X
X
v, f\3r^
k WE HOPE 1957 Will
X BE A YEAR YOU WILL
REMEMBER ALWAYS.
KEY CITY LAUNDRY
BLACK MOUNTAIN, N. C.
Ul -***fc*.fc**Mtjl;hMlJ^»*;»^*»,»ji»i*******‘******'i!'*A':*
' 'M>u U14 MWwer offers
’Purity. *s
*0T cxarnple, if a person is bor
Mn.* mor'<'y on real property,
. is customarily re
quired to pay the lender for the
services of the attorney employed
t0 *earc»] «>® title to the proprty
“ to draft the necessary legal
'■ intents. The cost of register
ing the legal documents in the
' '' ™ l96 IS paid by the borrow
er Some lenders insist that title
insurance be purchased and that a
survey of the property be made,
?he cost of which to be paid hy the
borrower. The lender may also
insist that adequate fire and ens
ualty insurance be carried on the
property. There is occasionally
paid for the securing of the loan a
brokerage fee or commission. The
latter is sometimes called a “ser
vice charge,” “origination fee," or
“settlement charge.”
Industrial banks and licensed
loan agencies and brokers are per
mitted to charge a statutory loan
fee and to deduct in advance “in
terest at a rate not exceeding six
per centum per annum upon the
amount of the loan from the date
thereof until the maturity of the
final installment, notwithstanding
that the principal amount of such
loan is required to be repaid in
installments.”
Jones borrowed $1,000 from
Smith and agreed to pay him in
terest at the rate of 8 per cent
per year. How much interest can
Smith recover from Jones at the
end of the year?
None. By charging a greater
interest than 6 per cent per year,
Smith forfeits under the law of
North Carolina all interest on the
debt. The debt is stripped of all
its interest bearing quality, and
the lender is permitted to recover
only the principal sum loaned.
If Jones has already paid to
Smith the agreed interest of 8 per
cent per year, he may recover
from Smith within two years after
doing so twice the amount of the
interest paid. This is a penalty
that Smith has to pay to Jones for
receiving from him more than the
legal rate of interest.
Adams recovers a judgment
against Butler for personal injur
ies. Does the amount of the judg
ment automatically hear interest
from the date it was rendered?
Yes. Interest is allowed on the
principal sum of the judgment
from the time it is rendered until
it is paid and satisfied.
IN LEXINGTON
Mrs. Effie Barbee is spending
the holidays with her parents, Mr.
and Mrs. T. L. Daniel of Lexing
ton.
• RENT IT! — CLASSIFIEDSI •
I Goff Radio & «
» *
jj T. V. Service jj
5 3
'«X3i>i3i»i»k3ia)9i3iaili3i3-,k>iStk3)»l3tin
As 1050 is passing away in a
mass of colorful embers lot us
think a little what the year has
meant to us. Of course church
life conies first into the mind. It
was a year last September since
we organized into a church. We
have been buffeted around a lit
tle, but always doors have been
opened to us. There was the En
chanted Barn full of sweet mem
ories, then the Garrisons’ base
ment, with such good acoustics
and overwhelming hospitality. In
a very short time wp will be in our
own place, with a challenging field
Of work around us.
Such a year of good fellowship
and peace, with everyone doing
their part, and no one screaming
that they were getting a raw deal.
If we advance next year as we
have this, we will be certain that
we are on the road to a great
church.
\\ e <old the old place on North
Fork, and moved to Laurel ave
nue this year, spending a delight
ful summer with Doss and Mina
Kerlec at Over Yonder. Yes, it
has been a hectic hut interesting
year in our personal lives. I had
the experience of having a legiti
mate sickness, and going to the
hospital. In fact, both of us have
been hindered with sickness. But
all this is to he expected at our
time of life.
Many beloved friends have
passed away. This column has
had as many as three sympathy
notes per week, and very few
weeks have passed that we didn’t
have at least one. But this is life,
and new friends come along to fill
the void.
So we will say with the great
poet— Ring out wild bells- Ring
out the old, ring in the new.
Our church’s intermediate group
had a Christmas party at our new
place of worship Saturday, Dec.
22, at eventide. Nell McAfee
sponsored this. The whole church
met Christmas Eve at 7:00 o’clock.
Presents were given out to the
younger set, there was singing,
and special music, with Vicky Mc
Klrath doing some of the playing.
This was in the Garrison’s .base
ment. A happy time was had.
It is a little late, but I would
like to add a word of sympathy
to Leroy Hamilton’s folks. He
must have been in extreme suffer
ing at times as lie went about his
work, but 1m always had a pleas
ant smile, and a cheery word.
The Norman Hamptons visited
us Sunday afternoon.
»«• ta ig )«r 'j*«.»tg >pr ><r > Iff w \g \p *9
We with you twice at
much good cheer at
you have had before.
» Black Mountain
Hardware Co.
9; » s: si **9, sifcaak******:****!*.* * *»i#i8i3iat»i»snteasi2.3 .as. aaaaa&sis;
tess«te«ei
#• 'Cifi'C ICIC'C'S****1*'*•*'«
Happy New Year
_ /;
fc»9!>i9s»Siai»)»*;
*€**€*€*€*€«€*€«€
m
a
3
I
Begley's Beauty Shoppe \
BLACK MOUNTAIN, N. C. |
H
Crusader Cast1 -3
Are Great Siglu,
Of Bible Lands
Among the Bible Land.; r~
fascinating attractions are :. .
thirty Crusader Castles v.
dot the countryside from t
northern borders of Syria as i
so ith as the Gulf of Aqaba i
Jordan. Built by the Crusader
in two hundred vcars of tirele
activity (1097-11:01 A.D.), th '
ca tics sometimes s 'nd on .
nrost inaccessible ms:
P iks 6,000 feet high, son: .
are lapped at tlv r found dor.
hy the waves of the Mediter
ranean.
Crusader Castles once guard
0 } the pilgrimage route to i
Holy Places of Jerusalem, de
fending mountain passes and the
< dal plains from the Moslems,
offering hospitality and succor
11 pilgrims and sheltering neigh
boring villages when wars
threatened the countryside. The
most famous castle-builders of
the period were the Knights
Templars and Knights Hospital
ers, two powerful monastic or
ders of the 12th and 13th centu
ries. The base city for the north
ern castles is Latakia, Syria’s sea
port on the Mediterranean. From
here Sahyoun Castle can be vis
ited in a half-day trip. It is dis
tinguished by its dramatic rock
needle which once supported a
drawbridge across a rock-cut
channel 90 feet deep and 60 feet
wide In a day both the Castle
of Markab, on a basalt mountain
ridge overlooking the Mediter
ranean, and the Templars Cas
tle and Crusader Church of
Tartus can be visited. The Cru
sader Church, which is Gothic
and very beautiful, should not
be missed.
GOOD LUCK, GOOD HEALTH,
AND GOOD FORTUNE
THROUGHOUT THE NEW YEAR.
BUCHANAN'S
DEPT. & 5 & 10c STORE
Swannanoa, N. C.
>)3i 3)333,3l 3i3i 3.3l3)3)3>3t 3)33.&3»: 3.3.
•C <€*!«««!« IS ■»>««* <s*s«s»
SHORE CHEEK
By Mrs. Thelma Buckner
Rt 2 — Ashe- ill*-. N C
(December 20)
Kred J. Moody s iffered another
1 rhL heart attack on Thursday of
last week. Approximately 38 peo
ple called to see him over the
week-end, including Mr. and Mrs.
Oliver Deitz and Mr. and Mrs.
Karl Deitz of Clay county.
Arthur P. Gregg of Topeka,
Kans.. arrived Tues y night to be
with his mother and other rela
tives for Christmas.
Mrs. Edna Shope of Inkster,
Mich., is visiting relatives and
friends here.
Miss Catherine Creasman of
Sanford, N. (’., is doing nicely at
Memorial Mission hospital after
undergoing major surgery. She is
!€!«*<€!«!€ tew
the daughter of Mr. and Mrs. H.
C. Creasman of Rioeville road.
Our sympathy goes to Mr. and
Mrs. Joe Brown of Old Fort who
lost a loved one last week. They
are our relatives.
Happy New Year to everyone.
AWAY FOB HOLIDAYS
Mrs. J. N. Binford and Mrs.
Richard Kelley are spending the
holidays in Greensboro with Mrs.
Binford’s daughter and family,
Dr. and Mrs. Ralph C. Lake, and
Mrs. Kelley’s son, Dr. Richard A.
Kelley and family. Before going
to Greensboro Mrs. Kelley visited
another son. Charles Kelley, ami
family in Charlotte.
5 tgtsistgigtetatets'e
ELE. ROUNDUP—
From Page 2
English class. His name is Paul
Hibbard; he is 14 years of age.
Judy Raines will he celebrating
her birthday the nineteenth of this
month. We all wish her a happy
birthday.
Mrs. Kelly has been teaching
us two songs; they are “While
Shepherds Watched,” a German
carol, and “The Birthday of a
King,” composed by Neidlinger.
One of the activities we have
enjoyed is making fifty favors for
the Junior Red Cross to be dis
tributed in a local hospital.
Regina Stafford and Marie
Allison, reporters.
TRY THE CLASSIFIEDS! I I I
iwtciffWTWiettteMiigigwucitwiaigfcigigicji
As the old year fades and a new one is
born, our hearts sing out sincere wishes
for you and yours.
DAVIDSON SERVICE STATION
PHONE 7595
SWANNANOA, N. C.
tcteic'cigtete'ctetctctcictetcictcietcictc'ctcwctetcietcw
May each day of the new year be filled;
with achievement and contentment v
i'l ( i \ J f
I BEACON MANUFACTURING COMPANY
y
| SWANNANOA, NORTH CAROLINA
BLANKETS
make Warm Friends