-NORTH CAROLINA’S LEADING NEWSPAPER OUTSIDE OF THE DAILY FIELD
SHELBY
Was Carolina’s Fastest Grow
ing Town 1920-1925 By U. S.
Census.
ihc
li'tH'lunii
tar
THE STAR
Is The Leading Paper of
Shelby and The State’s Fertile
Farm Section.
VOL. XXXIV, No. 89
TIIE CLEVELAND STAR, SHELBY, N. C.
MONDAY, JULY 26, 1926. Published Monday, Wednesday and Friday Afternoons. mai!’ per year (i" advance) $2.60
' ' By earner, per year (in advance) $3.00
New County Home Mentioned
By Judge Webb in Charge
Says Most Counties Excel Cleveland In Homes For Aged And
infirm. Gets On Autos And Cigarettes. Crowds
Attend Court.
A new county home for the aged an
hi! (1 county according to the jury cha
r.inrninK in Superior court here. Wh
hurl ding of a new county home he tal
giving them the topic to think of whili
The present county home is oper
ated as systematically as is possible
under present conditions and the
county commissioners are making an
excellent record with what they have,”
.•ate Judge Webb. “But in covering
the state from Murphy to manteo one
notices that only two or three coun
ties in all of North Carolina do not j
have better county homes than. Cbve-i
land. The present county home is well
located and the site there might be ;
sr Id at a good price and a fine build
ing erected on another site. I am not,
urging this move, but it seems to me :
that it is a matter that this progress
ive county should consider soon. The ;
present building is only a one-story
structure and while every improve-;
ment and convenience known i- in use ;
there now it wouldn’t hurt to have a
new building. Such may come .n the i
years ahead. Just how long remains
up to the officials of the county, but i
it is about time someone was thinking
about it," th^ jurist concluded.
Quite a bit of favorable comment
was heard about the court room at the
suggestion.
Continuing in his charge to the
jury. Judge Webb touched upon nianv
enlightening and interesting topics
concerning law enforcement, .deliver
in'-', as is his custom, a strong ur
vey of grand jury duties and matters
they should investigate. With his long
experience on the bench Judge Webb
is familiar with points that need di.
eussion and his charges prove very
helpful to the jury and also to the
standpoint of court spectator:.
Interesting topics touched upon in
the charge included automobiles, liquor
laws, proper care of children, sale of
cigarettes and numerous other things.
He informed the jury that the law re
garding the sale of cigarettes to min
ors, those under 17, had “been on the
books for near a quarter of a century
and indictments on the charge have
been few. “A man who sells cigar
rettes to boys under 17 and thereby
stunts their physical, moral and men
tal advancement is just as guilty ac
cording to the law as the man who
sells a pint of liquor,” the judge
stated in urging that they prefer
charges in cases deemed necessary by
them.
Would Bring Back Curfew.
“If it were in my power I believe
I would bring the night curfew back
to the land,” Judge Webb philoso
phized in speaking of the crime that
originates through careless neglect ot
children, “and when that bell was
heard at 9 o’clock at night every boy
and girl under 16 years of age should
ri infirm would not be amiss in Cleve
rKr. of Judge James L. Webb Monday
le the Shelby jurist did not urge the
ked along that line to the grand jury
in their regular rounds of inspection.
b - at their homes" With their parents.
That would erase much of our law.
breaking in its ineiniency.”
Many Attend Court.
When court opened Monday morn
ing the auditorium was practically
filled and the colored gallery had few
empty seats. With cool weather and
crops well underway court attendance,
despite the lack of sensational cases,
promises to be heavy.
Attorney C. E. Cowan, of Morgan
ton. law partner of Solicitor R. L.
Huffman, is acting as solicitor in the
absence of Mr. Huffman. Mr. Cowan
attended the Lincoln court in the
sanif capacity and apparently handles
the court well as the state’s repre
sentative. Mr. W. J. Moss, of Grover,
is foreman of the grand jury, while
Mr. Gus Jolley, of Boiling Springs, is
che officer in charge.
following the charge to the jury
and opening fromalities the court
got down to its regular grind on the
ciiminal docket shortly after noon.
Few eases of outstanding importance
are dock led and the criminal calen
dar will likely he completed in a few
days. Charlie Bumgardner, of Kings
Mountain, is formally charged with
an assault with deadly weapon with
intent to kill and also for murder. It
will be remembered that Bumgard
ner’s wife died after being shot at
her home in Kings Mountain, the
shooting, according to Bumgardner,
being accidental. Barristers say that
the charge as; filed is formality and
that there is little likelihood of mur
der prosecution against young Bum
gardner. Jessie May Francis, sensa
tional center of many court terms
here, will face the court on three
charges appealed from Recorder John
Mali’s court, she having eliminated
herself bodily at the last term before
her cases were called.
The majority of the eases on the
criminal docket are continued from
former terms or have come up from
recorder’s court in the nature of ap
peals. Charges of the usual run make
up most of the docket, including re
ceiving and possessing, carrying con
entering, prostitution, false pretense,
etalcd weapons, F. & A., breaking and
receiving stolen property, transport
ing, bigamy, seduction, carnal know
ledge of female under lb, manufac
turing liquor, driving while intoxi
cated and numerous other minor
criminal counts. Quite a number of
charges have the entry alias ca
pias” beside the charge, indicating
that “many were called and failed”
at previous terms.
Court Sidelights
Court crowds watch the systematic I
and rapid style the court stenograph-;
<*r, Miss Amy Emmanuel, goes about
her work will not wonder that only
this month a member of her family
attained nation-wide publicity. The
current issue of The American, na
tionally circulated magazine, carries
an article about the business success j
"f Miss Sadie Emmanuel, a sister, who j
in five years rose frcm ^position as j
Monographer to advertising manager j
of Theodore Price’s New York journal, j
“Commerce and Finance.” Leaving
Asheville only five years ago Mis.,
Emmanuel J_s now considered one of
America’s leading business women.
* * *
The solicitor Monday was minus the
assistance of Chas. A. Burrus. county
'dicitor, who ordinarily aids the state
in prosecution being familiar with all
the appeals coming ur> from record
er's court. Attorney Burrus was re
ported as “sick in bed” at his home j
on the Cleveland Springs road, His |
ilhiess, friends will be glad to hear, is
not considered serious.
* * *
Cleveland county folks attending
court discussed the report Monday
morning that Spurgeon Spurling, na
tive son of the county and recently
nominated solicitor, would likely lie
appointed to complete the remainder
(|f the present term. Solicitor R- T .
Huffman, of Morganton, has not been
m the best of health for several weeks
and it was surmised by some that if
his health did not improve some one
"ould be appointed to complete his
term until the first of the year—and
Snarling, for whom Cleveland countv
v°ted heavv, would be the logical ap
pointee. However, it is understood
that Mr. Huffman, an able prosecutor
is improving and with the assistance
for a week or so of his law partner,
Attorney C. E. Cowan, will likely
continue in office.
A new brogue to the familiar “0
ycz! Oyez!” of the court room was
introduced Monday morning when
Deputy Jerry Runyans., of Earle, be
gan his career as court officer. Run
yans succeeds former deputy Ed. Dix
on, who had the court cry down as
familiar as a politician’s handshake.
* * *
Memories of bygone court weeks
were revived on Trade street Monday
(Continued On Page 4)
Preacher In Court
On Money Charge
Rev. VV. H. Wall Bound Over to Su
perior Court On Embezzlement
Count. Bond Of $300.
While Superior court was in ses
si„n upstairs Monday morning, Rev
of Shelby, faced Recorder John P.
Mull's county court downstairs on an
embezzlement charge. The hearing
before the recorder was only a pre
liminary, and following legal proced
ure the case was sent uti to the Su
perior court, the bond required of the
former minister being $300.
Whether or not the case will come
up during this term remains to be
seen.
The nature of the charges, accord
j,1>r to Recorder Mull, had to do with
premium money of insurance policies
during a period the former minister
was in the employ of the M. P. Coley
insurance agency.
Razors For Women—
Watch The Nellies
Now pit up and take lirm hold
of the arms of the chair. The
announcement of the worst—
the very worst—impends. A
Shellty store, one of the big ones
—has just got in a consignment
of razors for women.
Yes, it's the fact.
Razors for the ladies.
It is explained that they are to
he used for their necks, following
the bobbed hair prole.su. They
are very nifty—gold plated and
all touched up to please the eye.
And it is said they ha\e a very
good edge. : - __ _
Go out and page the man who
said there is nothing new under
the sun, and tell him that’s old
stuff.
1C III
.5
Home Coming. Water Melon Feivst and
Three Distinguished Speakers
Make lTp Program
A farmers picnic and home coming
day will be observed at Lattimorc
August 5th, spinsored by the Latti
more school and the Lattimorc
ladies club. Plans arc being worked
out to make this one of the biggest
days Lattimore has ever staged. Many
people who formerly lived in that
community but have gone away to
other sections will be invited to come
back and mix and mingle with
friends and relatives. Dinner will bo
served in picnic style a-.d with the
water melon season on, a melon feast
will be given. Lattimore is one of thc
most thriving communities in Cleve
land county with one of the largest
schools, some of the most prosperous
farmers and capable housewives 30
it goes without saying that the gath
ering will be a success in every 'par
ticular.
The picnic and home coming will
be for school children as well as,
grown ups. Those who attend the
Lattimore school are urged to be
present on August 5th to get informa
tion regarding next year’s school
work.
All who attend are asked to bring
well filled baskets for the spread at
the noon hour. Three distinguished
men have been engaged to deliver ad
dresses. J. Clint Newton, secretary of
the Shelby chamber of commerce is
on the program for a speech. Dr. R.
Y. Winters, dean if agriculture of the
North Carolina State college and Mr.
W. F. Pate, member of the Soil# Im
provement committee of the National
Fertilizer association. Mr. Newton
will no doubt confine his subject to
school work, since he is former super
intendent of education in Cleveland,
while Dr. Winters and Mr. Pate will
speak on subjects pertaining to agri
culture.
r-—
Blaine Champion Sues Henrietta Mills
For Losing Two Fingers. Inter
esting Docket
The criminal docket of superior
court here this week is expected to be
rather light, but numerous interesting
cases are expected to come up on the
civil calendar.
One suit that will attract consid
erable interest when it comes up,
likely next week, will be that of
Blaine Champion vs. the Henrietta
Mills. Some months ago Champion,
who it is said was employed by the
defendant mill, had two fingers torn
oy in a spinning frame. The result
is that Champion is suing the mill for
$10,000 damages. The missing fin
gers, it is said, were or the right
hand.
Since the time of the mishap
Champion, who is 24 years of age, hfis
moved to Shelby, wherefore the case
comes up here. Imposing legal talent
will represent both parties in the
suit it is understood.
Other interesting civil cases include
suits against the county’s two leading
towns. Shelby and Kings Mountain.
R. L. Mode is suing the town of
Shelby for permitting employees to
destroy shade trees, while a plaintiff
by the name of Phifer is suing the
town of Kings Mountain for dumping
sewage on his property. A lively tilt
of legal brains is expected in the sev
eral suits and for once the civil docket
promises to be more interesting to
the public generally than the criminal
docket.
Messrs. I,ee and Obe Lavender, .who
are executing a road construction
contract at Wilson, this state, have
been spending a few davs with their
parents, Mr. and Mrs. P. C. Laven
der at Earl.
Trying Cal’s Fishing Hole
■ ii i tmmn ■ w ■ °
n
Miss Alice Oolden and Miss Beatrice Dun ms of New York me out to I .eat
the president's record -as a fisherman at the trout hole at White 1‘inea
camp, fcio far, Mr. Coolidge Is In the lead.
Humming Hickory Shows
Editors a Joyous Time
| Members of fourth hastate See 41
Different Articles of Manufac
ture Made There
Hickory entertained the 150 mem
| bers of the North Carolina press as
1 sociation la t week in a most prac
i ions and gratifying manner, doing
| more for the comfort and pleasure of
! the Carolina editors than any town
i where the members of the Fourth
1 Estate have met, cfrtainlv in a dozen
years. The new Hotel Hickory has
i iust been finished, a modern, mam
I moth commercial hotel financed by
i the enterprising citizens of Hickory
I at a cost of $325,000 and leased to
! Wade Lowry, one of the best, hotel
i men in the South. “Hear Hickory
! Hum” is the slogan of this thriving
i little city, nestled at the foothills of
the Apnlachian range of mountains,
| a neighbor of Shelby which Shelby
1 fully enjoys and appreciates. The
I editors “heard Hickory hum.” as
i busy business men and the noble wo
| men left their factories, stores, of
jfices and homes to lend a hand in the
I program of entertainment. No stone
! was left unturned to make the edi
tors and “editresses” enjoy their stay
there and every' publisher went home,
siniging nra'ses of the hospitable peo
' pie and the evidences of industry and
thrift seen on every hand.
Shelby lias somewhat a reputation
for friendliness, cordiality and hos
pitality, hut it can certainly learn a
few new “manners” from the good
neonle of Hickory.
South Mountain Trio
° Forty-eight years ago the editors
of North Carolina niet at Sparkling
Catawba Springs, a favorite resort
eight miles from Hickory and it was
fitting that Judge Francis D. Win
ston, who. delivered the principal ad
dress then, should he there on this
occasion and give reminiscences.
Though small of statue. Judge Win
ston. lieutenant governor under Bob
Glenn, has a giant intellect. His
keen wit and beautiful flourishes of
language captivated the editors at
the banquet served at Hotel Hickory
Thursday night. The inimitable Gus
Self had a prominent part in staging
the banquet program. He introduced
a quarter of negro singers who ren
dered a few negro spirituals. then
presented the “South Mountain Trio”
—three Hickory characters imperson
ating tvnical mountain subjects. With
banio. fiddle and guitar they brought
back the good old days of real music,
the kind “you can pat your foot to.”
“W’hen You and I Were Young Mag
gie,’’ “Peek a Boo, I see you,” “Tur
key in the Straw” and “Little Brown
Jug” were a few of the delightful
numbers, and at the conclusion, each
guest was presented with a “Little
Pottery, an industry which is making
Catawba far-famed. This trio in their
rustic mountain garb and true moun
tain music proved to be none other
than Dr. Shuford. one of 'the lending
physicians of Hickory, and Mr. and
Mrs. Simmons, who operate the up
to-date music store. They have prom
ised a visit soon to the Shelby cham
ber of commerce.
Dixon a Headliner
Thomas Dixon, native of Cleveland,
was another headliner and in his per
fect diction and graphic and gripping
manner, he appealed for an uncen
sored press. Mr. Dixon referred to his
boy-hood when he edited a paper in
Shelby and found it to be harder
work than plowing a mule on his
father’s farm. After a short career h"
so'd his paper to a man whom he did
not like end thereby incurred the ill
will of the purchaser. The banquet
lasted well into the night but there
was not a dull moment. Nobody tired
of the program and all turned away
reluctantly.
The Record s Record
The Hickory Daily Record is a
splendid young daily serving that
section in a wonderful way. Johnson
Avery is the new editor, a fine, cour
teous young man with remarkable
talents. The business manager is
Red Miller, who has seen the paper
through the starvation period of its
existence and is responsible for the
substantial footin'* the paper now has
with its patrons. Mrs. Johnson Avery
and Miss Emily Miller, social editor
of The Record, gave the visiting
ladies a most delightful tea at the
Hickory Country Club and several
hundred ladies called to meet and wel
come the visitors. The banquet, one
of the crowning events of the two
day session was given by the Record,
while the citizens of Hickory through
its chamber of commerce headed by
Mr. Adolph gave the trip to Blowing
Rock and the barbecue “on top of the
world.’’
41 Manufactured Products
Hickory is an example of co-opera
tion. Mr. Adolph the chamber of com
merce secretary never called on> the
citizens for any help in the entertain
ment without getting the whole
hearted support.
To show how diversified the indus
tries are in Hickory and why it is
bumming, there are 41 different ar
ticles of manufacture exhibited in the
show windows of the merchants.
These articles embraced wagons, roll
er bearings, overalls, furniutre, hand
kerchiefs. pocket books, gloves, on
down the line to shoe strings. A town
like this with such diversified indus
tries feels a business depression less
(Continued On Page Eight)
Girl Prisoner Supremely Happy To Be
Free Thanks Governor McLean For Freedom
Raleigh,—Supremely happy and |
smiling, hut with her eyes filled with
tears, Mollie Wagoner paid a visit to
the executive mansion Friday morn
ing to thank Governor McLean for
her freedom. She was paroled Thurs
day afternoon from a 25 year maxi
mum sentence court on charge of in
fanticide.
“I’m so grateful I can not express
myself, governor,” said the 23 year
old girl who has served two years
ns state’s prisoner, “but I’ll promise
you that Itu going straight home and
won’t ever get into trouhle again.” i
“Ini sure you won't, Mollie,’ said
Governor McLean, “I like the record
you made in prison and I like the way
you are showing your appreciation.
Go home now and make a good citi
zen of yourself.”
And the girl and the governor
sealed their agreement with a vigor
ous hand clasp.
When Mollie and the two friends,
who had come with here were Rone,
Governor McLean said, “It’s not of
ten that a paroled prisoner will show
that sort of appreciation. Now there’s
a girl that has been really reformed
and turned back to society as an as
set.’’
In his parole order which followed
investigation by H. Hoyle Sink, com
missioner of pardons, Governor Mc
Lean said of Mollie Wagoner, “At
most this girl’s crime consisted to
acouiescing in the killing by the
guiltier party.’’ Mr. Sink’s investiga
tion showed that she was an inexper
ienced mountain girl who had been
carried to Winston-Salem by a man
who promised to marrv h'-r. Later
there was a child and, the father
who received a 30 year sentence for
the crime, killed it. Mollie. at that
time, was just 21 years old.
Her record at the prison has been
that of a willing, industrious prison
er who has accepted her role and
made the best of it that she could.
Asheville Church Packed for
Service By Restored Pastor
Tom Sims Serial
To Begin In Star
"I>"K l>»> Special” Entitled “They
Never Knew” Sturis In The Cleve
land Star August 2r.d.
The title of the uproaring serial
hy Tom Sims to start in The Cleve
land Star August 2nd is "They Never
Kn'w." \V1 at was it “They Never
Knew?" Nohody knows? Even Pearl
Hnn ile, the heroine in the story and
Jim Weed, her sweetie, dont know
what it wns they never knew. Of
coiTsc you wouldn’t expect them to
know, hut maybe you do. For in- i
stance they were playing with a gun
and they never knew it was loaded.
Of course they were going fifty miles
an hour hut They Never Knew a speed
cop was after them.
That’s the idea. Just think of some
i nation in which ignorance is bliss
and you will get some idea as to how
funny and interesting Tom Cims can
make a story wth a title like this.
Tom Sims is one of the funniest
writers for American newspapers and
The Star has purchased his latest
story for your amusement. It begins
August 2nd and an installment will
appear each issue. Make up your
mind to start with the first chapter
You will be obl'ged to follow it
through, reading it to the entire fam
ily so that all can get a good laugh.
LIST OP PATIENTS
AT 5M HOSPITAL
Mr. I). C. Beam lias Foot Cut by Axo
In Hands of Another Wood Chop
per—Several Dismissed
In the lost of patient* a* the Shel
by Hospital is Mr. D. C. Beam who
lives near the county fair grounds.
Mr. Beam has a severely cut foot, the
wound being inflicted by an axe in the
hands of another wood chopper. Mr.
Beam was standing some feet away
while another man was chopping on a
tree when the axe flew off the handle
and cut his foot.
Miss Minnie Cabaniss, daughter ot
Mr. T. P. Cabaniss, Route 5, was
operated on Friday. Cletus Daberry
is recovering from an operation per
formed July 21st. Miss Lucile Bridges
Shelby. R. F. D.. was operated on for
acute appendicitis July 21st. Mrs
Thomas Hayes, of R-l, Lattimore,
was discharged from the hospital Fri
day. Jack W. Bower*, who operates
a filling station on S. LaFeyette street
underwent an operation Friday. J.
T. Poston, of R.l, Shelby, operated on
July 16, will probably be able to leave
the hospital this week. W. M. Gray
son, operated on July 11. for appendi
citis, was discharged last Thursday.
Mrs. Alex. Hoyle and her new born
baby are both doing nicely. Zeb Cost
net, r.f o|)er»iea on .iuiv 14, went
home Saturday. Mrs. J. H. Putnam,
of Kings Mountain, who has been a
patient for some time is improving
Mr3. S. S. Beam, of Cherryville and
Florida, operated on Friday, is get
ting along nicely. Mrs. H. L. Benson,
of Kings Mountain will be able to go
home this week. Mrs. F, €. Putman,
of Shelby, operated on ten days ago,
was expected to leave the hospital to
day. John Blanton, of R-l, Lawndale,
admitted July 16th, went home a few
days ago. Claude Jones, of Cliffside,
operated on for an abcessed leg, went
home Saturday. Mrs. A. M. Page, of
Belmont Mill, is doing nicely from a*i
operation on Julv 20th. Andrew Mil
ler and Walter Fanning, Jr., operated
j on July 22nd, for tonsi’s and adenoids,
j have gone home. Mrs. D. H. Shuford,
'admitted the 21st. for treatment is
doing nicely. Miss Mary Frances
Kendrick, daughter >f W. L. Ken
drick, was operated on Saturday for
appendicitis. Miss Vera Harris was
admitted Sunday for treatment.
Realty Business Is
On Steady Move Now
Here’s good news for real estate
owners.
Real estate in Shelby is now mov
ing as fast as during the fall and win
ter trading seasons, but still more
real estate is changing hands than
usual during the dry summer months.
Such is the opinion of R. Lee Weath
ers, register of deeds, who handles all
deeds filed.
Mr. Weathers says not as many
deeds are coming in as did during the
spring real estate rush, but that this
summer is every bit up to normal and
slightly above, judging from deeds
filed.
Shopping took longer in the old
days when mother had to smell each
pound of butter before selecting one.
I)r. Boyer. Minister-Counsel. There
For Sermon. Rev. Tom Eskridge
Preaches Here
The Sunday mdra'ng serman at
Central Methodist church here was
preached bv Rev. Toni Eskridge, of
Bluefield, W. Va., while the pastor.
Dr. H. K. Boyer, was in Asheville to
attend the first sermon of Dr. Ashley
Chappell since his restoration as pas
tor there following immoral charges
18**0 inst him. Rev. Mr. Eskridge
presiding elder of a West Virginia
district, is a native of this county, a
son of Mr. Harrison Eskridge, and a
large congregation heard his sermon.
An Asheville dispatch of Sunday
telling of Dr. Chappell’s service fol
lows :
Hallelujahs echoed through Cen
tral Methodist church here today
when the Rev. Ashley Chappell re
lurned to his pulpit after a suspen
sion of two months and a clerical trial
which acquitted him of serious
charges. —
The last swelling no+e of the hal
lelujah chorus from Handel’s “Mes
siah” had not died away before the
popular pustor launched into his ser
mon on the theme “The Old Rugged
Cross" before a congregation which
packed the auditorium and overflowed
into the vestibules and yards.
Dr. Chappell, a slight little man,
member of a family long distinguish
ed in Southern Methodism, avoided
any reference to the affair which be
gan with his arrest in Memphis, Tenn.
on a disorderly conduct charge, and
came to a climax with the declaration
of thirteen ministers at Statesville,
Tuesday, that he was innocent of im
morality, falsehood and attempted
bribery.
Huge Congregation
Special music, the huge congrega
tion, a comment Ln the printed church
bulletin and the feivent reception
which made the Asheville pastor its
center after the service, testified to
the dramatic interest in the minister's
home coming and the loyal support
which his people have pressed upon
him.
“We believe in him: We love him,
and we’ll stay with him to the last
' (Continued On Page 4)
Rush Stroup Gives Interesting Fig
ures As to Amount of Long Time
Farm Loans In Cleveland ,1
To the editor of The Star:
I see from a recent issue of your
paper that one Joint Stock Land Bank,
of which there are several located in
North Caroline, ha*-- leaned to 12R
farmers in Cleveland county on their
farms the sum of 000'
* or fear it may bp rnderstond that
this is all the money the farmers,
have borrowed on long term loans 1
wish to state that the Federal Land
Bank, of Columbia, South Carolina,
has loaned to Cleveland county farm
ers through the Shelby National Farm
Loan Association the total sum of
$398,950. This money has been loan
ed to 239 farmers. This i& not all the
money loaned in this county, however,
as the Kings Mountain and Cherry
ville Associations have loaned over
$200,000 to farmers in this county.
And even these figures do not cover
anything like, the total amount of
money loaned to our farmers as some
three or four other Joint Stock Land
Bank and Trust Companies have loan
ed. perhaps, as much as $250,000 to
farmers on long term loans.
The Shelby National Farm Loan
Association is a local organization
through which, nnd only through
which, the Federal Land Bank loans
money. The local officers of the
Shelby National Farm Loan Associa
tion are: J. M. Roberts, O. C. Dixon,
J. R. Lee, R. C. Beason. E. W. Dixon
and Rush Stroup, secretary-treasurer.
The Federal Land Bank is owned and
operated by the Federal Government
and borrowers, the borrowers owning
a large part of the capital stock,
although the government put up tho
original capital stock in order to gev
the bank started. The obiect of the
Federal Land Bank is to loan money
to farmers as actual cost, while alt
Joint Stock Land Banks and Trust
Companies are owned and operated
by private individuals for profit. The
Federal Bank of Columbia has loaned
to farmers in North Carolina up to
September. 1925, the total sum of
$18,931,465. The above figures only
anply to farmers in our county, but
they ar£ not the only people who have
money borrowed, as most every bus
iness and business man has money
borrowed as well as the farmer.
RUSH STROUP,
Sec-Treas. Shelby National
Farm Loan Association,