Newspapers / Shelby Daily Star (Shelby, … / July 14, 1925, edition 1 / Page 5
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Potatoes—Mr. Miller Ellis "Mt Sinai section, was in Shelby turday with new sweet potatoes foe ip market. . -Mature Cotton Boll—Berry Mint* ilored farmer of No. 3 township ►mnrht a mature cotton boll to the lulv 16th. This is the first green H we have heard of. _Ice ( ream Supper—There will be ice cream supper at Pleasant Grove rtist church Saturday night July Itii Proceeds for the benefit of the unday school. Public is cordially in ^ >|arr Shop Sale—The La Marr ~ exclusive dealers in ladies ready ,-wear, which operates on N. LaFay te street is conducting a sale this eek on the entire stock of merchan [Sf, Attractive prices are given in a ilf page advedtisement in this issue. -Must Pay by 15th—Attention is ailed by W. V. Toms of the water and ,ht departments that patrons must iv water and light bills by the 16th f each month or service will be dis ontinuc-d in accordance with an order r the mayor and board of aldermen -Pass Board—The following young ,en from this section last week suc essfully passed the North Carolina tate board of dental examiners at ie examination held in Raleigh: H. . Dixon, Shelby; A. A. Lackey, Fall en; P. Y. Adams, Rutherfordton; H. Karesh, Lincolnton. —Mr. Cabaniss Dead—W. M. Cab niss, known to his native townsmen j "Billy” Cabaniss, died Friday light in Augusta, Ga., and was buried here Saturday. Mr. Cabaniss was iorn and reared in Shelby, the son of lajor and Mrs. Harvey Cabaniss. One ister Miss Ida Cabaniss who lives in lugusta, survives. —t urnmends Stanford—Resolutions rere adopted at the Second Baptist hurch Sunday commending the fearr ess sermon of Rev. A. L. Stanford f Central Methodist church Sunday uly 5th in which he plead for Sab. lath observance. The Second Baptist ongregation pledged itself to stand ichind any effor toward keeping the iabbath holy. —Mr. Blanton Dead— Jonas E. Ilanton, well known farmer of the didwav section of Cherokee county, 1. C., died Friday morning at 9 o’clock fter a period of declining health ex xtending several months. Mr. Blanton vas 76 years old. One daughter Mrs. id Byars lives at Grover, this coun y. He was buried at the Petty grave ard Saturday at 2 o’clock. —In Court—Garner Harrell, color d, was given a 60-day sentence on the ounty roads, and his wife, Hattie larrell, a 30-day stay at the county ome Saturday morning in recorder's ourt by Judge John P. Mull on the harge of a general family fight. At he same session “Bubbles” Sumner, ell hop at Cleveland Springs hotel, ras taxed with the costs for an af ray with Lela Thompson. —To New York—Mr. Clyde R. Hoey r . left Shelby Friday afternoon for ■ ew York city for a short ♦isit be ore going to Schenectady, where he rill take a position with, the general dectric company, a nationally known usiness firm. Young Mr. Hoey was (resident of the student'body at State ollege last year and is one of Shel ls most brilliant and popular young ~Wednesday Last Day—Owners of rmtor vehicles will be allowed until i nesday of this week to buy license dates, according to a notice received >y '• ade Hoey in charge of the local lcense bureau for the state depart nent of revenue. Anyone found op mating a car after this date without b new license tag will subject himself o arrest and to the penalties prescrib e by law, the penalty being a fine of -Joins Hovis-W. H. Morehead, - f ,“r-and Mrs. Herod Morehead ‘ e ^as joined the funeral i ,PS ^ • A. Hovis and Son, funer “dwectorB 'n Charlotte. Mr. More, ead who has many friends in Shelby as been travelling in Alabama and O Tv'Lfor the Nati«nal Casket . - of Nashville, Tenn., for the past month*”' He was in thc arn,y ,or 37 months’ T* over8eas service for 18 of the 28thhinfmtChi,1^g“n COmPan> hod SSntry' During the pe. '-nariotte To Have 20-Story Building July 9-~^ 20-story of the FiJt \MW,11ibe erected here ^ Btead of £ ank-°f Char,otte any p|a , modes.t building origin he the taM°n!Plete.d tbe struct«rc will inp to t ets .,n the Carolinas, accord architect ihJ?<?'*"* draWn * «>• insurance huilJt •°n^tand*rd Life 17 stor es h ' h *’ ” Green8boro- ia ^stional bank K nV8 the Woodside S. c., b k build,nK in Greenville, tenlay toTe ^1<ler8 °f the bank y«* he the dim unaniitiousiy to uuthoi mittee of tkCt°t8 ?nd building com mittee of *k„ u , budding com any type of ba? k to Pr°ce«d wit MrnJS di taTed Th b'm?M thei Us>nn to ermfr: Tk;y reached * d. vision to o- 7 . ney reacbed a d meet intro;,*"C a bu'*ding that wou Wftce spaee8'^ demanda f°r uptov Pace for years to come. Aies^e^Si"® *2, monkey»Hii,e Boston Transcript. DERSONALP I Folks you know o.i the goU Miss Sallie Wacaster spent the week end with Mrs. Z. J. Thompson. Miss Milliccnt Blanton is spending A few days at Blowing Rock. Miss Margaret Williams spent the week end in Charlotte. Mr. Frank Ware of Ahseville, is spending a few days here. Mr. and Mrs. Jack Palmer were Gaffney visitors on Wednesday. Miss Ellen Brice of Charlotte spent the week end with Mrs. O. M Gardner. Miss Caroline Blanton is visiting friends at Montreat. Mr. Ralph Hoey is at Blowing Rock, where he will spend several weeks. Mr. and Mrs. Fred Morgan and Miss Margaret Morgan will spend a few days in Asheville this week. Mrs. O. M. Gardner, Mrs. S. R. Riley and Miss Margaret Love Gardner mo tored to Charlotte Saturday. Dr. and Mrs. E. A. Houser have re, turned from a visit to Greensboro, Chapel Hill and Raleigh. Mrs. J. C. Smith of Shelby and Mrs. V. L. Goode of Hickory are spending some time at Valle Cruces, this state. Mr. R. L. Ryburn who is summering in Asheville spent Monday here on business. Misses Frances Roberts, Mattie Sue Allen, Bonnie Smith and Frankie Borders motored to Chaaiotte Friday. Miss Leslie Landrum of Spartan, burg. S. C., is visiting her sister, Mrs C. C. Pearce. Miss Mayme Roberts left Tuesday for Greenville, S. C., to visit her sis ter Mrs. Austell. Mr. and Mrs. Frank Hoey and lit tle daughter, Eleanor, have returned from Augusta, Ga. Mrs. E. E. Holcomb entered Shelby Public hospital last Tuesday foi treatment. Mr. and Mrs. Mulliean and daughter Miss Mahota, returned to Oklahoma the past week after a visit to Mr. and Mrs. J. N. Delinger. Mr. Hugh Miller spent several days here last week with his family. He returned to Raleigh the latter part of the ’week. Mtss Frankie Borders spent the week end in Kings Mountain as the guest of Mrs. Raymond Cline, her sister. Mrs. E. A. McAdoo and little son, Elmer,-jr., who. have been visiting Mr. end Mrs. J. C. McNeely on N. Morgan street return this week to their home in \ Greensboro. Mr. and Mrs- Plummer Wiggins and soi} Of MUxtoji, are spending a fe^t dai's here this week with Mr. and Mij*. Johp M. Black and other Tela tives. . BUrp, J. Austin ana uiwe son ana Mrs. Cfyight CaiWr and two little dadgfetfts jfre visiting in ftickory, Chifto'tt* And Lyiesville for a few 4»J#- ;V. ;};.r MisB Charles Webb of Greenville, S. C., arrived Friday to visit her kins men Judge and Mrs. J. L. Webb on S. Washington street. Miss Webb is the daughter of the late C. S. Webb, broth er of Judges J. L. and E. Y. Webb. Mrs. S. E. Hoey and Miss Virginia Hoey will return this week from an extended tour of the North that1 in cluded New York city, Wilmington, Dela.; Buffalo, Niagara Falls, Atlan tic City, points in Canada, and Wash ington. The following young people motor ed to Rock Hills, S. C,., Sunday for lunch as the guests of Miss Frances Roach: Misses Selma Tucker, Ella Mauney, Frances Roberts and Mattie Sue -Allen and Messrs. Bailey Mauney, Herman Mauney, Ralph Tucker and Will Putnam. Misses Sarah Witherspoon and1 Georgia Beam and Mr. G. C. Self left' Sunday for Newton where they will join friends for a visit to Oriental, where Miss Willie Witherspoon, Miss Macie Lattimore and Miss Margaret Lattimore are in summer school While away they plan to visit W'ilmingtdn, Wrightsville Beach, Beaufort, More head City and other points on the coast. Biggest Baby r — . r This is William Homer Smith Jr.. •( Chaffee. Mo." William la nine months old and weighs 42 pounds, jje Is talning at ths rato cf about *ne pound a week. At ttrth ha weighed 11 pounds. He la perfectly hsalthy and normal, except for lila weight, which la the same ns that •f a normal child of five yeara. FOR RENT—SIX ROOM COT tage, close in on East Graham street, water, sewerage and light. Anthony and Anthony. __ H lie THEATRES Tuesday, the Princess theatre will feature Richard Dix in “The Shoes Punch”, punch-packed story, tremb ling with thrills and laughter. You’ll shake and shiver, quake and quiver as Richard puts it over. An exciting westarn story, “Wolves of the Road’ will be on Wednesday featuring Ya kima Canutt. There will be a two-reel fun-maker extra. Thursday will have a big special showing Marion Davis in “Janice Meredith,” a thrilling American story of love, devotion of hate and heroic sacrifice. Doctor of Laws _ M»Jor Otr.nnl V-cc HollArd of Woi Id V.Vr fsir.e is wtn here !n a Ci.Tcient it.'ITui rn. The <-»!> and puwn Vns worn by tl c I at Oolctn Mu I’nima'iy r on»r.'.*!iesmcn« e**r dm (bis year v. lien ft* fbCQ^ved his 4ejjicc of tiocior cl la*s,. 4 - ^ — PRINCESS — —TODAY— “The Shock Punch” With Richard Dix. The story of a man who landed a job, a girl and a knockout with one blow. Extra—Fox News. —WEDNESDAY— “Wolves of the Road” With Yakima Canutt. An ex citing western story, chock full of thrilling adventures*. Extra—A two reel fun-maker, entitled—'“DOfaT PINCH.” —THURSDAY— “Janice Meredith” With beautiful Marion Davies. A vivid and accurate repro duction of the stirring days of the American revolution. FOX NEWS. * l THE - CLEANING Of Ladies Garments requires special knowl edge and experience. Our modern meth ods and p;|; ns taking care protects them in every way. You will be delight ed with the beautiful work we do. —WHITEWAY — DRY CLEANING CO. Cleaners — Dyers 105 —PHONES— 106 r THESE BE “IMPING” TIMES Preparing for the winter frosts and thaws. New pipes are need ed, and that means expert plumbing. If you entrust all your plumbing work to us you may rely upon getting first-class labor and materials only, and having complete satisfaction with the work when done, at a price to please. H. C. Coleman & Co. Plunibing & Heating Contractors Weathers Building. Phone 586. ___ QUALITY CARS AT QUANTITY PRICES » The Chevrolet is a QUALITY auto mobile in every respect. The following Chevrolet quality features are included as standard equipment on all models. ' Powerful valve-in-head motor. Alemite lubricating system. Distributor ignition. Standard transmission. Pump circulating cooling system. Spiral bevel rear axle gears. Speedometer. Ammeter and oil pressure gauge on dash. Electric starting and lighting. Improved springs and brakes. Legal headlights with dimmers, Demountable rims with extra rim. Worm and gear steering mechanism. Double ventilating windshield. The open passenger models have a baked enamel finish, curtains that open with the doors, a dash light, and the gaso line tank is on the rear with a vacuum feed. Closed passenger models have high grade closed bodies, straight-side cord tires, plate glass windows. Ternstedt regu lators, a dash light, a windshield wiper and sun visor. The gasoline tank is on the rear with vacuum feed. Why not take advantage of the low purchase price of this Quality car? Our “New Way To Pay For A Chevrolet” will pave the way for you. Arey Brothers Dealers. ' ' s ' Exclusive Chevrolet Service. -. ___ Waterman’s Ideal Fountain Pen has been imitated and emulated but it has never been duplicated. Only two movements are required to fill a Waterman's—pull out the lever and push it back. When the pen is filled it automatically locks. This is just one of the good features that odd to Waterman’s popularity. Ask us to tell you about the Waterman spoon-feed. T. W. HAMRICK CO JEWELERS & OITOMETRISTS THE BATTERY’S Remodeling Sale Will Continue All This Week The Battery Dept. Store * mi i f.:c X't* ... > •f* ** HjU iuU <;-<!> ,1,, •r! i •« i'rj:/ V I t tfi' A{ M w. SHELBY, N. C. RESOURCES FO’UR MltttON, FIVE HUNDRED THOUSAND DOLLARS CONDENSED STATEMENT, JUNE 30TH, 1925 ■ 41BS0PRCES/' LOANS AND DISCOUNTS— The largest item of a bank’s resources are the loans roa<|e to firms, corporations and in dividuals. Our loans Srd'itt&de with'great-care- •- - ->■ • *- • by experienced men with thorough knowledge of conditions and securities and amount to $3,715,502.18 OVERDRAFTS— Credit extended to customers in the form of overdrafts. This is a form of credit that banks do not approve of and we urge t>ur cus tomers to discontinue this practice- 3,190.26 U. S. BONDS— Bonds of the United States owned by us to secure our circulating notes_ 225,000.00 OTHER STOCKS AND BONDS— Investments made <by , the bank in Liberty Bonds, State, County and Municipal Bonds— 43,603,01 REAL ESTATE OWNED— An investment in real estate, on part of which will be located the bank’s home in the future 93,950.00 REDEMPTION FUND— Funds placed with the U. S. Treasurer to re deem circulating notes when presented_ 11,250.00 CASH ON HAND AND DUE FROM OTHER BANKS— The cash on hand and funds placed with the Federal Reserve Bank and larger banks in New York, Richmond and other large cities constitute the Reserve of a bank. Reserve is calculated by the proportion of these funds to the total deposits. On this basis our reserve is about sixteen per cent of our deposits or over one-seventh as much as deposits, amounting to ___ 456,659.16 The items above constitute the bank’s RE SOURCES, making Total Resources_$4,549,154.61 LIABILITIES 1- -V#4* ■stum E capii*al Srtppibk Amoulnt paid in by the 125 stockholders as the Bank’s Capital---—*-$ 250,000.00 SURPLUS FUND— Amount set aside JbjL shareholders as a fur- „■ „ ther protection for depositors and used the V same as capital__ 250.000.00 UNDIVIDED PROFITS— Profits left on hand after setting aside ample amount for interest due depositors and in come tax __— 150,086.26 RESERVED FOR INTEREST— Reserved from profits to pay interest due to depositors — ___——*— RESERVED FOR TAXES— Reserved from Profits to cover Income Tax and other taxes DIVIDEND NO 44— 33,955.35 25,000.00 Dividend of six per cent to be paid out of the earnings to the stockholders July 2, 1925 __ CIRCULATION— A National Bank is allowed to issue their bank notes if secured by U. S. Bonds to the amount of their capital stock which is called circulating notes. Ours amount to_ Secured by U. S. Bonds amounting to $225,000.00. NOTES AND BILLS RE-DISCOUNTED— At times local demand for money is heavy and the bank rediscounts certain choice notes of cotton mills, merchants and oth ers with the Federal Reserve Bank and New York Banks. Our re-discounted notes amount to___ BILLS PAYABLE— 15,000.00 225,000.00 VM 655,250.00 Our obligation given to another bank in a Northern city to secure funds to lend to our customers _L_*____ 100,000.00 DEPOSITS— Deposits are funds placed with a bank either on interest or checking account by other banks, corporations, firms and individuals. The Deposit account is the life of the bank and reflects the financial condition of a com munity. Our total deposits amount to_$2,844,863.00 ; All the above items make up the banks liabil ities, making TOTAL LIABILITIES_$ 4,549,154.61 , i People often say they can not understand the usual published bank statement, so we have made the above explanations of each item, so that any one can read and understand the statement. We are naturally pleased with this statement, as it.., ’ is one of the largest we have ever published and we want our friends and customers to read it and be pleased also. We thank every one who has helped to make possible this excellent showing of your bank. THE FIRST NATIONAL BANK OF SHELBY \ BIG STRONG, FRIENDLY, NATIONAL BANK-MEMBER OF FEDERAL RESERVE SYSTEM
Shelby Daily Star (Shelby, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 14, 1925, edition 1
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