CLEVELAND:—‘“A COUNTY THAT LEADS A PR OGRESSIVE STATE IN DIVERSIFIED AGRICULTURE, AND WHERE HOSPITALITY REIGNS'*
PAID-UP circulation
Of This Paper Is Greater
Than The Population Given
Shelby In The 1920 Census
libelant)
la r
RELIABLE HOME PAPER
Of Shelby And The State’s
Fertile Farming Section.
Modern Job Department.
VOL. XXXIII, No. 2
THE CLEVELAND STAR
TUESDAY, JAN. 6, 1925.
$2.00 A YEAR IN ADVANCE
! If. Grigg Heads Program Commit
tee. Directors Plan Club Work
For The Coming Year.
The newly elected directors of the
local Kiwanis club met Friday after
noon with the new officers of the club
and named the important and stand
ing-committees and heads for the year
ahead. Brief and tentative plans were
also made in outline form for the
year’s activities.
' During the past year and the years
preceding the club has meant much to
tl,o civic, industrial and social devel
opment of not only the town but also
the county, and a more progressive
and oc 'petative spirit to face a new
vear i- the aim of the new officials.
The new directors, who met Friday
and named the committee heads and
several of the committees, are: J. S.
Horton. D. Z. Newton, Paul Webb,
George Blanton, Lee B. Weathers, C.
p. Young and J. F. Roberts, Meeting
with th« -e were the new officers: J. C.
Newton, president 0. M. Mull, vice
president-; Rush Hamrick, district
trustee, and Charlie Burrus, reap
pointed secretary-treasurer.
Program Committee.
Perhaps the most important com
mittee performing club duties is the
program committee. At times it be
comes quite a task, despite the so
called dinner spirit., to successfully en
tertain a group of busines men and
at the same time start and keep mov
ing worthwhile things. Heading the
committee during the past year was
Supt. I. C. Griffin and the new com
mittee has quite a job cut out in equal
ling his standard program. Heading
the committee for 1925 is J. H. Grigg,
principal of the high school and one
of the younger “live wires” of the
dub. The committee under him was
wisely selected and follows: J. F.
Ledford, Dr. E. B. Lattimore, Dr. J.
Sr Dorton, Forrest Eskridge and Dr.
Reuben McBrayer.
Heads of the other standing com
mittees follow with the full commit
tees to be named at an early meeting:
Attendance—-J. D. Lineberger, chair
man.
Reception—Clyde R. Hoey.
House—Fred R. Morgan.
Finance—R. T. LeGrand.
Education—I. C. Griffin.
Publicity—-Renn Drum.
Inter-city Relations—€).• Max Gard
ner. •
Public affair—R. E. Campbell.
Business methods—J, II. Quinn.
Grievance—-I. S. McKnight.
Public health—Reuben A. McBray
er.
Music—C. A. Burrus, chairman; H.
M. Pippin, director.
The committee on classification and
membership is unannounced following
the International Kiwanis custom.
it Mira
dies in si. ms
Inner Shelby Man Dies Suddenly and
Body 5s Being Brought to Shel
by For Interment.
Ml'. Robert McBrayer, only son of
Mrs. Amanda McBrayer of Shelby and
'** buf“ R- McBrayer died sudden
' a’ his home in St. Louis, Missouri
■ umiay according to a telegram re
u-P b<?re Vesterdav by sister. Mrs.
• X. Dorsey and His body will be
nought to Shelby for interment in
i .‘‘diehee to a reouest which he made
‘‘■fore he died. His mother was visit
lng her daughter, Mrs. M. D. Honey
ful t at Monroe when news of her
snn * death reaeher her and She im
mediately came to Shelby for the fu
unal. It is not known yet when his
'[mains will reach Shelby but rela
,Uf‘s here are in communication with
members of his family and will prob
<> 1 > know today. Mr. McBrayer was
1 ’ > ears of age and leaves a widow
who before marriage was Miss Louise
a ah Two daughters and one son also
•uiMve. Mr. McBrayer has been away
.10,11 Shelby a number of years and
been fonductor on an interurban
"he at Saint Louis.
It is quite singular that both sons
° ‘ rs- Amanda McBrayer should die
VJ ^'ou*s- Her youngest son Logan
u c 1;?yer- traveling salesman for the
amilton-Brown Shoe company died
pneumonia in St. Louis six years
afro fol'owinK an attack of influenza.
•Mr. McBrayer is survived by his
pother and five sisters. Mrs. W. N.
Dorsey of Shelby; Mrs. M. D. Honey
cutt of Monroe; Mrs. H. A. Dozier of
harlotte; Mrs. Grover King of For
i) ity and Mrs. William Lowery of
1 atterson Springs.
final Lining Notice.
ie Dover Gin Company will gin all
"s week and farmers who have cot
on n gin are asked to come as the
o.n will close for the season after this
Sveek. Dover Gin Co. adv
Death Angel Takes
Murder Charge Off
Docket Of Court
Jule Logan Dies From “Poison Liquor’
And Colored Minister Relates
Truth in Funeral Oration.
Jule Logan. colored man of Moor
esboro and parts, well known, or the
opposite in many parts, died Friday at
Mooresboro, death resulting, rumor
has it, from “poison liquor,” or as the
doctors would say from alcoholic^dis
turbances. And in his passing there
will pass from the Cleveland county
superior court dockets a murder
never “aired” by the courts. The j
passing of Jule Logan and the recount j
of his career is a bit of Cleveland j
county history, be it history not de-1
l sired. The colored minister who de-!
livered the funeral oration Sunday
told of the history, spoke more truth ;
and gave the career nearer like it had j
been lived than is usually the custom
at the time when the dirge is on, so !
say some of the colored people and a !
few of th« whites who were present, j
Wife Suicided?
In December 1022 Jule’s wife. Ma-i
cie, die<j,-—bled to death from a bullet I
; wound in her elbow. At the time the i
j impression was left, or perhaps made,!
| that it was suicide, but Jule’s temper
| ament, the characteristics that made i
him an outstanding figure in his own j
race, were recalled and at the inquest
Coroner T. C. Eskridge and his jury
made their verdict to read: “Death
resulted from a gun shot wound in
the elbow, intentionally inflicted by
i deceased, or some unknown person.":
j The “unknown person” brought Jule
| under the eye of the law and so it was !
that a charge was entered on the court
j docket against him. Continued for
j several courts gossip continued to
j vvunuers aria mucn was tne
! talk of Jule and his wife's death. As
I it is Jule will never face a superior
! court jurist on that count or any oth
i or—the death angel checked the j
| charge off the docket, not for one i
j term, hut forever.
—ttGot What He Wanted." _
! From the new grave in the colored
t cemetery and the things that took
place there in the interring of Jule's
earthly remains there comes an un
usual story—of a colored preacher
who told of Jule as he was. of the
crowd that attended and of the splen
' dor with which the dead negro was
j “put away.”
| Known all over the county to the
i members of his own race and feared !
i V’ rqany. large numbers attended
1 his funeral, as is the case always with ;
i a rare personality. Moreover. Jule had
[ amassed aconsiderable bit of property
| —just how. rumor varies with several
| stories, and a moneyed negro, dead or
I alive, is a bit of an attraction. And
I arain Jule was known as courteous to 1
| white people, despite his bad charac-1
i teristics, and this drew a number of j
i white people to his funeral. He was i
j embalmed, carried to the cemetery in !
; an up-to-date motor hearse from Gas- ]
tonin and buried in a steel vault.
In his funeral oration the colored
i minister described Jule as a “man
; who gets what he wants. If Jule
wanted some money, he got it. If Jule
wanted liquor, he got it. If he want
ed another wife, he got her. If he
wanted to fight, he started for it and
every other negro in the country ran.
If Jule wanted anything, he come
j mighty near getting it.” So runs the
i story of the funeral as reported here.
I One report has it mat the minister
j stated that in his day the deceased i
j had shot 13 negroes. Respected by
I some, feared by some, known to oth
! ers as a “had man” in the extreme j
j sense of the word; a gambler that !
I could win when the nerviest of chance- j
takes were losing—Jule Logan was I
a character of a type original and j
j that in dying he evaded a murder I
charge is smybolic, some say, of his
life.
Over 1600 Students
Return To School
When the Shelby city schools op
ened Monday morning after the hol
iday vacation over 1,600 pupils were
in attendance, according to an an
nouncement from the superintendent’s
office. A gratifying part of the report
to patrons of the school is that of
the total attendance 51 are new' pu
pils, which in a manner reveals the
growth of the towrn and the respect
for the school system.
Last week Superintendent Griffin
announced that from appearances a
school record would be broken in that
all members of the faculty would be
back for the first time in history.
Usually illness, matrimony or changes
of some description alter the faculty
during the holiday vacation, but this
year the record was on the verge of
being broken. However, Monday
morning dawned, school opened and
the record stands. L. S. Cheek, of
Mebane, of the high school faculty
and an assistant to Coach “Casey”
Morris, athletic director, was unable
to be back for the opening owing to
illness. A message from Mr. Cheek
states that he will likely be able to
return within a few days.
EXTENSION SHELB\
PEOPLE—VIEW C
The extension of the city limits of
Shelby by some action in the state
legislature, which meets this week,
is a matter that remains in the hands
of the people of the town and the pro
posed district rather than with the per
sonal outlook and decision of the
countys representative, is the view
point taken by Judge It. T. Palls, new
ly-elected representative of Cleveland
county to the general assembly, relat
ing to the informal go. sip carried on
here regarding the proposed expan
sion and what may be done about it in
the assembly. In other words Repre
sentative Falls does not feel disposed
to lead either faction in that he is
supposed to represent the people in
stead of any one group, and in his
mind there are two factions and two
beliefs here about the extension. How
ever, should it appear the right course
Judge Falls will see that a me:.'-ure
taken by the assefmbly will permit the
matter to he left to the people—the
ballot box decision.
Mr. Falls, who left Monday night
for Raleigh where the session of the
reneral assembly will formally open
Wednesday and be on band for the
preliminary skirmishes that always
take place before the formalities. It
seems fairly well certain that Edgar
W. Pharr, of Charlotte, will be the
speaker, and it might be said that the
Cleveland representative is, and has
been, a supporter of the Mecklenburg
man, for in times past Pharr was a
factor in aiding certain Cleveland as
pirants in their ambitions. Perhaps
there are also personal reasons hut
the advance choice of Pharr is ap
parently popular and should there be
such reasons there is no need for the
recording.
Extension Ideas.
“There is, and must be, pome way
of adjusting.the city extension move
ment to the satisfaction of practical
ly all concerned and it is my wish to
do so,’ was the statement of Mr. Falls
in conversation with a Star repre
sentative, “If the ‘ins and outs’ can
adjust the matter between themselves
so much the better. In my opinion
there are a number on each side, per
haps though with one overbalancing
the other. A representative of or.e
side comes to me and savs that “sen
timent is overwhelmingly for the
move,’ while the opposition has it that
‘only so-and-so are for it,’ which you
understand means thnf there are and
there are not. It is right that some
decision be reached and there ,is al
ways the vote plan, which if both
sides want a showdown is fair to all.”
In discussing incidentals regarding
should the extension be left to a vote
the former recorder was inclined to
give it as his opinion that on a vote
both inside Shelby and those living in
Beaver Dam Section
To Have Electric
Line And Lights
Company Organized Here Saturday.
Light Movement Spreadn. Two
Lines Are Chartered
Cleveland county’s progressive
movement for electric lights and elec
trical power conveniences in rural
centers and the farming section of
the county advanced another step
Saturday when a Company to build
a line to supply the Beaver Dam sec
tion was organized at a meeting held
at the First National bank here.
vjrrauuaiiy m
countryside, driving out the kerosene
lamp, speeding up work and making
farm life m ore .attract i ve for the
farmer and his Tks^ily. Held up to
the entire country ns"Hie first county
to inaugurate an elective program in
the rural section Cle\Vland keeps
moving forward on the plan that has
meant much, and will mean more to
the county. The new organization is
just one chain, another community to
be brightened by electricity and to
step forward in the progressive
movement.
Get Power From Dover
Stockholders of the new company,
the Beaver Dam Power Company, in
the meeting elected A. W. McMurry,
of Shelby, president, and T. P. Ham
rick. prominent farmer of the Beav
er Dam section, secretary-treasurer.
Power will be secured from the Dover
mill and conveyed to the section
thrWueh the line to be erected soon.
Mr. Hamrick says that construction
work will begin when the necessary
material arrives. All the stock need
ed to put over the enterprise has
been subscribed, although extensions
and additions will be made. Many
of those living in the Beaver Dam
section are already anxious to con
nect up with the power line and in
a short time after its completion prac
tically the entire section will be elec
trically lighted.
Others Get Charter
Two other lines in the,county were
officially chartered last week by sec
retary of State Everett, the Lutz
Power Line to serve the section north
west of Shelby, and the Fallston Elec
tril Light and Power Company to
' LIMITS UP TO
•F REPRESENTATIVE
t the proposed district to be covered
j would be entitled to the ballot, as it
I would bea ruling handicap if the in
j side alone he allowed to vote on the
| measure and that the same condition
would prevail should only the propos
! ed district of extension be allowed the
! privilege of saying which.
As it is, well it's up to someone—
| artel lacking the ability to define some*
jone: the people.
“Time to Slow I p."
F peaking of state expenditures,
| bond mea ijr"* and such like Repre
! tentative Falls declared that “it is
hie-h time to slow up." and to empha
sise bis, point he illustrated it by say
! ine that when so-and-so, meaning evi
i deftly the h"ad of th“ spending bri
irado. says “it's enough" it is without
doubt time to halt, or at least cheek
eff likely extravagances. On the mat
ter of road bonds the Cleveland man
does not want to see the highway pro
i gram so curtailed ns to almost he
stonned. hut he does want to go easy.
Literallv he is for the program to
continue hut within the defined re
venue after that revenue has taken
care of th" interest nnd retirement of
; outstanding Wonds and the upkeep of
the highway system which we now
i hove. What remains after this “tak
care of” has been done should h" used
in continuing the program, and the
view, may it be said, is generally
s*ate wide. One of the proposals run
ning into the milions meets with his
disapproval. Avoiding unnecessary
“ODs”_ from the state’s secondary
source of finance is the idea in brief,
and th»rp is likely to he a flood of
these “overdrawns” soon should the
; rate of recent years be continued, he
i rv:> iui me nu.'u anan uaiiuv
a measure leading to a final and satis
I factory solution should bp taken by
! the assembly, says Mr. Falls, but one
! not so rigid as to leave changes due
j to conditions that would arise no way
! of alterin'? the move. As for legisla
tion regriding busses, commercial
passenger traffic by motor: “What
can the legislature do that would real
ly prove alleviating to the situation?”
is the query of Mr. Falls.
So far a« is known there is no spe
cial legislation dea'ing with Cleve
land county affairs that will meet the
attention of the lawmakers at pres
ent. The new representative sees cut
out for him a task in “doing his bit”
with important state matters—and
there are quite, a.., number of these
whichwill need careful handling and
these statewide measures, the major
issue before the new assembly, is the
real service and one that dirctly af
fets the eountv with all the impor
| tance of county legislation.
'serve the Fallston section.
The Lutz Line lias an authorized
capital of 825,000 with $5,000 sub
! scribed, among the subscribers being
j A. D., W. S.. and W. A. Spangler,
Tom Cornwell, Forrest and T. H.
; Lutz, C. A. Yarborough, Grover Beam
' and Double Shoals Manufacturing
| Company. The Fallston line was re
cently organized with an authorized
: capital of $50,000 and $600 subscribed
by the following and others: J. H.
[Green, Claude C. Falls, R. A. Lackey,
iD. M. Cline, all of Fallston: and O.
| C. Dixon and O. M. Mull, of Shelby.
Two Nice Copper
Outfits Brought
In By Officers
• 1 •
Officers furn'shed the onlookers at
! the sheriff’s office Friday with a lit
i tie diversion in the nature of two
| complete copper distillery outfits
brought in. Both were the result of a
| little holiday work by the officers and
| the captures made perhaps w'hilo the
j operators were taking off a few days
to celebrate the New Year.
The small outfit, of about 20-gal
lon capacity, brought in by Deputy
Sheriff F. D. Wilson, of No. 8, was
neatly made and attracted much
comment by tax payers and others
visiting the office. The worm was one
! of the best captured recently. Deputy
Wilson captured the outfit New
Year’s Day near Brooks Chapel, it is
said.
The other one ,of about 50 gallon
capacity, was brought in by ’Squire
M. R. Collins, of Grover, it being cap
tured near the cemetery there. Quiet
places it might be said for the manu
facture of spirits—near a church and
a graveyard.
Mr. Hugh Bettis who has been the
popular manager of Wray-Hudson
company’s store No. 2 has taken a po
sition with the main store in the Blan
ton block since Store No. 2 has been
absorbed.
Miss Curabelle Harn has returned
to her home in Greenville, S. C., after
I spending the holidays with Misses
Maude and Ethel Bookout on Suttle
street.
—
Mesdames C, R. Hoey and Will
Roberts motored to Gastonia Friday.
Andrew Leventis Huvs Ccph Blanton
Slock— John McKnight to Im
prove Building for ('nfe.
While changes in ownership of
stores are not taking place this Jan
uary. there are a number of changes
in location wherein business firms are
shirting about into quarters better
suited for their lines. John S. Mc
Knieht, owner of the two stock brick
building on W. Warren street adjoin
ing Gilmer's will make extensive re
pairs to the interior and put in a plate
glass front to make ready for occu
pancy bv the Shelby cafe, now in the
Union Trust company building. The
Shelby cafe will move shortly to the
lunch room which is now' operated in
the Beam building adjoining the Prin
cess theatre. Here the lunch room and
cafe will he operated jointly until the
Me Knight building renovation is com
pleted about the middle of February.
The Kendall Medicine company has
moved one door east into the Lineber
ger building recently vacated by the
Cleveland Motor company. This was
made necessary in order to give larg
er quarters which are badly needed
to accommodate the immense stock of
drugs and sundries carried by this
thriving wholesale firm,. The Caro
lina Fruit and Produce company has
moved from the McKnight building
into the store room vacated by the
Kendall Medicine company, on West
Warren street.
nareW LPVI'IRIs last ween.
ed the Ceph Blftnton stock of grocer
ies in the Miller block, corner of La
Fayette and Warren streets where he
will continue a retail grocery under
the name of Cleveland Grocery com
pany. Leventis purchased the stock
from Everett McDaniel, trustee in
receivership.
The Shelby Plumbing company of
which T. M. Gladden is manager has
moved to larger quarters, now occu
pying the brick building recently va
cated by Wm. Blanton's wholesale
candy company next to Ideal Ice and
Fuel’ Co.
.J. A. Dayberry has sold his inter
est in the Shelby Shoe shop and pur
chased an interest in the Perry Sellers
Shoe shop on S. LaFayette street, this
placeof business to be operated here
after as the Landis Shoe shop.
| World War Veteran*
Receiving Their
Compensation Now
-
Former Service. Men Being Given
Compensation In Form Of Wel
come New Year’s Gift.
Happy New Year—that was Uncle
Sam’s greeting to 100,000 bqys, his
boys, the boys that fought under the
Stars and Stripes during the World
War. On .January 1, 1925, adjusted
compensation certificates were issued
by the government to the first 100,
000 applicants for compensation.
Starting that day certificates will be
issued, several thousand a day until
every doughboy, “gob” and former
service man receives his—what might
be called “bonus camouflaged.” The
amount of the compensation is based
on age, and length of service.
If you happen to meet an ex-ser
vice man on the street, his face
wreathed in smiles, his hands “finger
ing” his inside coat pocket and a lit
tle “pep” added to his walk, you may
know he has just received his com
pensation, a little token of remem
brance for the days he served, for
the record some seem to have forgot
ten. Here and there on the streets of
Shelby one may see fellow that was
young just a few years back meet up
with another—perhaps one or both
of them may be wearing a khaki
overcoat, considered Stylish some
years ago—and they begin talking.
One reaches into his pocket and pulls
out an important, glistening docu
ment, the government green of
“greenbacks” on the inside, the ruddy
yellow of gold certificates as a cover
design—it's his compensation. Per
haps it was not what some of them
wanted and perchance more than oth
ers desired, but it is easy to read the
appreciation and joy on the face of
the ex-service man. Quite a number
of the early applicants in Shelby and
the county have received their com
pensation and the certificates come in
each mail.
The certificate bears the seal of
the United States Veterans Bureau,
signature of the director and chief
of the compensation department. The
certificate is in compliance with the
Adjusted Compensation Act and car
ries sections of the act regarding
loans and other matters. A table of
loan value is also given on the cer
tificate, together with the form for
payment.
Miss Ruth Lindsay, of Kings Moun
tain has been visiting Miss Lalage
Dover. Miss Dover accompanied her
home for a few days visit.
Farm Board Urges
Less Acreage In
Cotton In 1925
( alls For More Hale* In Better Ferti
lization Name New \urirnltural
Fenders. Preserve Wood.
Fes : acreage in cotton hut with
more bales through more fertilization
was the (foal sot for 1925 by the Clev
j eland county board of Agriculture at
an Important meet in if held Saturday
afternoon in th» office of County
Agent Lawrence. Menihcrr of the
board for this year were also named
Ins follows: No. 1 township J. A. Me.
I Craw; No. 2— F. B. llamrick; No. 3—
William Lowry; No. 1. Wayne Ware;
No. 5—T. C. Beam; No. ft—(). Max
t Gardner; No. 7--J. B. Fattimore; No.
j 8.r_E. L. Weathers; No. 9—E. W.
Dixon; No. 10—Edney Willis; No. 11
| ~J C. Downs. Officials of the hoard
1 will be named at the next meeting,
| Max Gardner having headed the new
organization through its first bene
ficial year.
Fertilizer Week.
Going on record as for reducing the
.cotton acreage of the county met the
| approval of the ent ire board. More
I bales on a smaller acreage through
'better fertilization was the plan of the
■ board by which they hope this year to
have more acres a over the county de
voted to feed and food crops so as
to keep going the record for diversi
fication by which the county is identi
fied over the state as well as by cot
ton production. Even with a reduc
ed acreage optimistic members of the
board are planning for a cotton crop
of between 40 and 50 thousand bales.
in Keeping with the better fertiliza
tion plans the hoard is now planning
and has definitely decided to hold a
“Fertilizer Week” campaign during
the last week of the month. January
26 31. The campaign will be waked
wth the coopertion of the county
schools, teachers and superintendent.
During the week children in all the
grades above the sixth will be taught
how to figure fertilizer analyses. The
: method of instruction will also be car.
ried to many of the farm homes and
direct to the farmer. It was further
stated at the board meeting that
farm surveys over the county during
the year demonstrated the fact that
every farmer should apply as much as
900 pounds of fertilizer to each acre
cultivated.
Preliminary plans were also made
for waging a campaign in the county
for the conservation of timber and
wood. Members of the board agreed
that in some way "Die Wasfe must bt>
halted or that the Wood supply of
the county would soon be exhausted.
County Agent Lawrence in speaking
of the proposed conservation and how
it might be carried about stated: “At
1 our present rate of using and wasting
our wood supply there will be none
whatever in the county within 10
years.”
According to present plans, mem
; hers of the county board of agricul
ture will be special guests of the
Kiwanis club at a “Farmers Night"
program to be held this year.
Former Pastors Will
Preach At Central
Services Sunday
Hoey's Bible Class Establishes New
Record on Entering New Class
Room. Preaching There Sunday
Former pastors of the church, two
ministers who served the Central
Methodist congregation years ago,
will preach the first two sermons in
the handsome new church next Sun
day, according to an announcement
made by the pastor. Rev. Alfred Le
land Stanford at services Sunday. For
the first time regular services will
be held in the new church Sunday
morning at 11 o’clock, the preaching
will be by Rev. R. M. Hoyle, of Bel
mont, a former pastor. At the even
ing service the sermon will be by
Rev. J. Ed, Thompson, another form
er pastor. In addition to these other
former pastors have been invited.
Sunday School
Sunday school was held in the
school quarters of the new church
Sunday and according to Superinten
dent Wm. Lineberger 634 took the
cue and were in attendance, honoring
the occasion. The quarters arc roomy,
convenient and up-to-date in every
respect. The Men’s Bible Class, taught
by Hon. Clyde R. Hoey, chalked up a
new attendance record with 291 pres
ent, only nine short of the goal set
j for the occasion. Of these 285 were
regular members. In the report that
brought praise from the teacher,
class president, W. L. Fanning, other
officials of the class it was Stated
that during the past six weeks the av
erage attendance has been 212 and
that during the time over 50 pew
members have been added.
Miss Mary Hufham, of New York
city and Miss Bessie Summerell, of
New Bern, who have been the house
| guests of Mrs. R. L. Ryburn left
Thursday for Spartanburg, S. C., to
spend a week before returning to their
i respective homes. .
BUILDING lliil
i
j Exceed* Hanking Capital. Cleveland
Tenth lliiilrlintr and Loan County
In State.
The building and loan capital of
Cleveland county exceeds the bank
ing capital of the county by $7.33,
34.82, according to the report issued
by the Insurance Department. The
report is a good standard by which to
judge the progress of a county, and
with building and loan capital lead
ing bank capital in a county where a
bank failure is unknown is quite a
credit to the county. However, the
county is only typical of the entire
state, banking capital all over North
CarolH’i exceeding building and loan
capita' only by around $6,000,000. In
many counties a condition prevails
similar to that here—with the build
ing and loan leading, i many of the
smaller counties with iittle building
and loan offset the lead. It is a con
crete boost to the state to note that
the building and loan capital of the
state is $37,835,845.83 while the
banking capital is only shortly ahead
—$64,476,808.00. The closeness with
which the associations rival the banks
is attracting considerable comment.
A nother credit to Cleveland county
is that the county is 10th in the en
tire state in building and loan capital,
with Gaston standing barely one place
ahead. The total building and loan
capital of Cleveland county is $1,
870.362.82. The banking capital of
the county is $1,136,428. The nine
counties leading Cleveland in B. & L.
are Buncombe, Cabarrus, Catawba,
Edgecombe, Forsyth, Gaston, Guilford,
i Mecklenburg and New Hanover.
Stands Thirteenth In Banks.
Cleveland county ranks thirteenth
in banking capital, according to the
report. The twelve counties leading
Cleveland are: Buncombe, Durham,
Edgecombe, Forsyth, Gaston, Guil
ford, Mecklenburg, New Hanover,
Vance, Wake, Wayne and Wilson. Of
the thirteen leading counties, seven
have alarger building and loan capi
tal than banking capital.
B. & L. Beats Wild Cat Stock.
Says the Raleigh News and Observ
er regarding building and loan and
banking capital over the state:
“The activities of the Insurance De
partment during the past year have
been characterized mainly by a whole
some decrease in permits issued for
thr sale of stock*, and by a healthy
growth of the Building and Loan As
sociations .eighteen new ones hav
ing been organized during the year,
according to Commissioner Stacey
Wade. Reports are not yet available
indicating their growth in assets,
which are expected to exceed the total
capital and surplus invested in the
| State and National Banks of North
Carolina amounting to $61,000,000.
‘ That the State is also coming to
the front as an insurance center is
indicated by the increase in the vol
ume of revenue .which will probably
reach one and a quarter million dol
lars .while the number of licenses
issued for insurance agents have in
creased more than one thousand this
present year, over twenty-six thou
sand having been issued to date.
Interest in Fire Protection.
“A Greater interest has been mani- *
fested in all the important cities of
the State in fire protection and fire
prevention by anti-shingle ordinances
i ana improvement in construction, *nu
j notwithstanding the past few months
have shown an increase in fire losses
it is expected that the reports for the
entire year will show an improvement
over ' record for 1923.
“Dm mg the year the Building and
Loan Associations e* *-he State have
grown by leaps and >■ ids until they
have outgrown the banks in many of
the leading counties of the State in
the matter of capital and surplus.
When it is considered that their cap
ital is not of a permanent nature
but is returned in full to the sub
scriber every six or seven years, and j
new capital furnished by the addition 1
of members, it will be seen that their a
growth is remarkable.
Box Supper at Patterson Springs.
A swell affair is being planned. On
next Friday night beginning at 7:30
o’clock there will be fishing, fortune
telling, cake w alk, and cake eating, ba
zaar and box supper at the school
building. Everybody in the local com
munity is expected to be present. The
young people of Earl, Grover, Pleas
ant Hill, Elizabeth and Shelby are in
vited. No admission fee but bring
plenty of spending change and enjoy
the eating. A genuine good time la
guaranteed every one.
_ -. -£
We will gin cotton at Post Road
gin on Thursday January 8th, then
close for the season. ad
Mr. and Mrs. G. C. Lee who have
been spending the holidays in the
county visiting friends and relatives,
returned yesterday to Cottonton, Al
abama where Mr. Lee is engaged io
the lumber business.