North Carolina Newspapers

Property Is Assessed Highest In North Carolina Tax Commission Says iSflWJal' tflklhe Star > February 31.—The mem* btr8 thp^gWieral assembly re ceived -Ahe complete redbrt of the tax commission -Airing the past week- Jt contains comprehensive studies ah the tax problems in this §T-d cverjt legislator should khtw adnxtfhm* of ttte. basic in formation it'contains. Tne economic condition of the farmery pt the „state is the first tnafcirtpi confMAr'1 thd"lai The facts irt show that ^ _e of the moun tain region^ pay pqt in taxes about the smut fei'djpntftgf of income as anyone else in the state, although the different areas VSTy' somewhat. VThe farmers who hpve fared best, according to this report, are those of the coastal pl^ln; area. The Mooje county peaah growerr made money In 1927. th| yehf Tor which the figures were obtained. On the other 'hand. the- farmers in the mountain region might better have been'fngaged nU something else, for they made no profit at fill The tidewater farms got a fair return fretm thiyr work, and those of the piedmont -show a slight balance on tpW right Vide. » findings are based on 1.156 owner-'operated farms and 416 rent ed farms, carefully selected over the entire state. Pains were taken to get representative farms wherc ever possible. The average net in come of the owned farms, over and above the labor of the farmer and .NOTICE OF SALE OF LAND. Under and by virtue of the au thority conferred by deed of trust by V. J. dolly and wife, Frances Jolly, to the First National Bank of Durham, N. C. trustee, dated June X, 1928. and recorded in book 150, page 288, Cleveland county registry, the Firt National Bank of Durham, N. C. trustee, will cm March 23, 1929, at 12 o'clock M. at the court house door In Cleve land county, sell at public auction for cash to the highest bidder the following described property: Beglning at a stake at the Inter section of Gidney and Llnebereer streets and runs thence with the west edee of Linebcrgcr street north 4 west 100 feet to a stake; thence south 86 west 200 feet to ti stake In the east edge ot an alley; thence with said edge of said alley south 4 east 100 feet to a stake in the north edge of Oldney street; thence with said edge ot satd street north 88 cot 200 feet to the place of beginning. Same being all that lot conveyed to Vance Jolly by deed recorded In book VV at page 371 In the office of the regitser of deeds of Cleveland county. North Caro lina, reference to which deed Is hereby had for further identlflca* tion end description. This sale Is made on account of drtfault in the payment of indebted ness secured by the said deed of trust. This 14th day or February. 1929. F1R8T NATIONAL BANK OF DURHAM, Trustee. W. 8. Lockhart. Atty„ Durham. TRUSTEE’S SALE. , By virtue of the authority grant ed the undersigned as trustee in a certain deed of trust executed by Ora Bowen and wife, Coy H. Bowen, and Nora Bowen, widow, to secure the payment of the sum of sixteen hundred (*1600.00) dollars In two notes of eight hundred ($800.00) dollars each, with Interest from < March 30, 1921 until paid; said Seed of trust being dated the 30th av of March, 1921. and recorded In book 111 at page 222 in the regt.s •i cers office of Cleveland county; default having been made In the . payment of said obligations, and ■* the holder of said notes having v called upon the undersigned trus tee to expose the lands described v-4h said deed of trust to public sale and apply the proceeds ot said sale .5 to the payment of said notes in ac . cordance with law. Therefore the undersigned trus "tfte will offer at public sale to the "highest bidder for cash at the •i court house door in Shelby, N. C. On Monday, March 18th, 1929, at ; I? o’clock, noon, the following de e scribed tract of land, situated in No. 2 township, Cleveland county, North Carolina, and more parti ‘Wilarlw described as follows; V. Beginning at a po6t oak in tne tittrth edge ol the Shelby-Boiling ; springs road, Moore's corner, and sunning thence with the line of the v Moore heirs S. 10 W. 184 poles to stake, the R. N. Hawkins corner; Iwience with R. N. Hawkins line S. 40 E. 19 poles to a stake in Sugar ’Branch of Beaver Dam creek; ? thence up Sugar hraneh as it meanders 3*5 poles to a stake tn 'the east edge of the Sharon-Boil ing Springs road; thence with said ^dbad S. 66 E. 9 6-10 poles to a xttake in the east edge, of a Spring ‘"branch and . in the east edge of ' Sm road; tliepce N. 35 E. 72 poles ?2j|th M. D. Moore’s line to a stake. *M. D. Moore’s comer; thence N. 88 *4g. 173 poled With the line of T. J. Hamrick to S 'Spanish oak; thence fith 63 poles to the beginning uer, containing 144 acres, more lues. The same being known as a. W. Bowen farm, where the * Unman nAtu HvM’ 15 Ora' Bowen now lives; and is ly described in said deed of i recorded in book 111 at page and reference is hereby made said deed of record for more __ !te and accurate description St said property. Date of sale; Monday, March 18. at 13 o'clock noon at the court door In Shelby. N, C. w ,„..ns of sale; Cash, gsi^hlg the 14th day of .February. PEYTON Heart AW, Trustee. . his own family was $1,147 in the coastal plain. $352 In the tidewa ter, $178 in the piedmont, and a de ficit of $192 in the mountain region. The average net farm income for the state was $405. The railroads, power and light companies, telephone and telegraph Companies, and other so-called public service corporations paid in the state coffers over $8,000,000 in 1927. These big concerns are paying their share of the tax burden, when you compare the taxes they pay with their annual income. This is not true of the power or light, com panies, which pay only about half the proportion of their income that the tanners pay of theirs. Intangible Property. One of the most important rec ommendations in the report is that the Constitution be so amended as to give the general assembly au thority to make such general classi fications of property for tuxntion as It may see fit. This provides for broader powers of classification than did the amendment submitted at the last general election. which failed to pass. Solvent credits, which represent practically all of the Intangible pre sonal property listed for taxution, have been steadily declining since 1921. In that year, the report shows, the amount of solvent credits listed was $193,000,00. in 1923 the amount was $131,000,000. During the last three years the decline has been more pronounced, dropping from $1(14,000,000 to $150,000,000 to $131, 000,000. The report makes a de tailed analysis of the piesenl situ ation, showing why it is lmsatls faetory and recommends the classi fication of intangibles as offering the most hopeful method of getting additional revenue from a larger number of taxpayers and on a thorough basis from this class of prosperity. State Ami National Banks. In 1927 North Carolina collected In taxes a total of $1,261,000, of which National banks, with a capi tal stock book value of $27,468,000, paid $335,000 and state banks, with a capital stock book value of $41. 826,000. The disparity between state and National banks, which Is re flected In 236 per cent of the net income of state banks being absorb ed In taxes and only 12.5 per cent of national hanks. Is kn part account ed for by the fact that National banks are not required to pay the 4 1-2 per cent corporation Income tax levied against state banks, but primarily because they represent larger units of capital and are able to a greater extent to take ad vantage of the present exemption allowed of as much of surplus as is Invested in State Federal and Joint Stock Land bank bonds. The com mission recommends that this ex emption privilege should not be ac corded to any \except state bonds, and, in this case, the banks be re quired to hold them continuously in order to get the exemption. Tax Burdens Compared. Residence property in cities and towns is shown to bear the heaviest tax burden of any type of property or of any industry studied. Property taxes on city and town residences absorb 34.5 per cent of the income of this class of property. The an alysls of the ratio of taxes to In come of the various classes of busi ness or property shows the per centage of net income paid out in taxes, as follows: railroads, 25.2; electric light and power companies. 16.3; telephone companies, 24.4; national banks, 12.5; state banks. 23.6; business property In cities and towns, 28.6; residence property, 34.5; and farm property. 28.9. In all cases except business, resi dence and farm property. these percentages Include both the prop erty tax and the state Income and franchise taxes, as levied agathst the businesses. The commission found rather wide variations In the ratio of as sessed valuations to estimated mar ket values of the various kinds of property. The assessed valuation of railroads was 74.9 per cent of their estimated full market value; electric light and power companies, 68.8; telephone companies, 74.2; city business property. 576; resi dence property, 63.1; and farm property, 75.3 per cent. LEGAL NOTICE To whom it may concern: Notice is hereby given that the partnership heretobefore existing between J. C. Crocker and J. C. Weathers, operating and doing business under the partnership name of J. C. Crocker & Co., with their headquarters at Shelby, Cleveland county, N. C„ has been dissolved, and all claims against the said partnership are to be present ed within the next thirty days, properly proven, to the said J. C. Weathers at his office in Shelby. N. C.: Notice is further given that no contract, debt or other agree ment made subsequent to the date of this notice shall be liading on the partnership, nor, shall either oi the above named partners, J. C Crocker, and J. C. Weathers, make any contract, debt or agreement that will be binding on the other. Dated this 15th clay of February, 1929. J. C. WEATHERS, ' J. C. CROCKER. State College Opens Mining Department Stair College, Raleigh, l eb 21.— Demands in southern states for experts trained in mining ol nqn 1 metafiles have brought about the opening of a new department of mining engineering at North Caro lina state college with Professor A. F. Greaves-Walker, head of the ceramics department in charge. Departments of conservation and geograph rai surveys have called for college men training In this'work, and sc lnr as State college authori ties can learn, no other institution in tlie United States is giving in structor! in non-metallic mining. Professor Greaves-Walker has al ready received request* from feld spar companies, the Arkansas state geographical survey, Rutgers uni versity ai d the University of Wash ington for men trained in this in dustry. Indications arc, lie said today, that ills seniors who will be grad uated in June, will all secure posi tions t>r obtain fellowships for graduate work in eastern or west ern institutions. The class includes men from Florida, Pennsylvania, Ohio; Massachusetts and North Carolina. Professor Greaves-Walker has been a leader for several years in ceramic and mining developments. He is a graduate of Ohio State uni versity. Praises Mr. Sinclair And His Orchestra ■■ _____ I To Editor of The Star: I urge the people of Shelby and Cleveland county to appreciate our high school orchestra and band nnd their nr ft efficient director, Prof. W T. Kndalr. They furnish ex cellent music, and should be sup ported ltnnnclally and in every other \u«v. I understand tlint they are to pl.v/ at Webb theatre tonight, and that the picture is a bright, amus ing comedy, and Is for the benefit of the orchestra Those who go will probably get many good laughs, and I hope the orchestra will get many dollars. D. A. TEDDER. Feb. 22, 1929. Forest City Wants A New Hotel There Forest City, Feb. 22.—A commit ; mitec has been appointed by the j Forest City Kiwanls club, to coop-j ' erate with the Industrial commit- j tee of the club, to procure for For- j cst City a greatly needed new ho tel. President Charles Z. Flack ap pointed on this committee John W. Dalton. B. B. Doggett, Marshall Giles and C. E. Alcock. The pur pose of the committee is to advice with certain individuals whom they think may be interested In build ing a hotel to show the need of the hostelry and In every way coop erate with any pnrty or parties ^ whom they may interest in thei project Colds 'left treated without osing—Just rub on visits f OR COLDS Oi ALL THE fAMILV For PILES Guaranteed meant will refund your If PAZO OINTMENT falls > cura Itching. Blind. Bleeding or Protruding Piles. In tube* with irilo pipe, 75c; or in tin box. 60e. 666 Is A Prescription For Colds, Grippe, Flu, Dengue, Rilious Fever and Malaria. It is the most speedy remedy known DR. H. D. WILSON Optometrist. Lyes Glasses Examined Fitted Dependable Eye Examina tion and Quality Glasses. Office Oyer Png) Webb’s. Western Union To Offer New Service A new week-end letter cable .serv ice will be put in effect by West ern Union to Great Britain and Ireland Friday, February 22, by which a one hundred word cable letter may be sent to points ln these countries for five dollars from Shelby, The new service has been ar ranged by Newcomb Carlton, presi dent of Western Union who at present is in London. This new week-end letter service will be available from any point in this country. A statement issued by the company says "The word rate from Shelby is five cents, with a mini mum charge for one hundred words. Messages will be accepted as late In the week as midnight Sat urday for delivery at opening busi ness Monday morning." The new service will supplement present twenty word week-end letters which Western Union inaugurated shortly after the first of the year. Due to the Increasing use of the cable by the general public, both for commercial and social corres pondence we have decided to give a service which will permit* lengthy week-end communication at low rate, furthermore, this service will do away with necessity for em ployment code or stilted language and will permit still greater freedom of expression In cablegrams. The cable used now has wide PUBLICATION OF SUMMONS. North Carolina, Cleveland County. In the Superior Court. Before the Clerk. Della Thomas, Plaintiff vs. Enoch Thomas, Defendant, To Enoch Thomas, non resident defendant,. You are hereby notified that ail action, as above entitled, has been instituted A the superior court of Cleveland county, N. C., against you by the plaintiff, in which she is asking lor an absolute divorce upon the ground of 5 years separation and you are further notfied that a verified complaint has been filed in my office and that you are here by required to appear and answer same on or before March 6, 1929 at my office In Shelby, N. C., qr the plaintiff will apply to the court for the relief demanded in the com plaint. Herein fall not and of this sum mons make due return. Witness my hand and seal, this January 14, 1929. A. M. HAMRICK. Clerk Fup erior Court, Cleveland County D- A. Tedder, Atty. SICK STOMACH First Trial of Black-Draught Convincing, Says Lady, Who Escaped Suffering By Taking It. Jackson, Miss.—"My first experi ence with Black-Draught convinced me that It was a good medicine,” says Mrs. Ida Kersh, 311 South Con gress street, this city, who says she lias taken Black-Draught for years. ‘My trouble,” writes Mrs. Kersh, "was sick headache which seemed to be caused by constipation. I used to have a thick, slimy taste in my mouth, and such a tired, bad feeling. This would be followed by headache and sick stomach. I would have to stop my work and go to bed. "I read about Black-Draught and decided to try It. I found that by taking the Black-Draught in time, I could ward off these sick spells. "And so for the last twenty years, when I feel the least bit bad, I take Black-Draught and feel that It has saved me much pain and sickness.” Constipation dams up poisons In the bowels, where they are absorbed Into the general system, causing many serious symptoms. Thousands of letters of praise from users of Thedford’s Black Draught, on file at the laboratories where Black-Draught Is made, tes tify to the high esteem In which It Is held for the relief of constl patton.and attendant ills. nc-301 Th»d ford * BLACK draught for Constipation vtton Hiliou\n«*ik variety services at his disposal. In addition to the last cable, which is given preference over other cable traffic, there is available today a I deferred half rate cable service, a j twenty word cable letter service, a ; fifty word cable night letter of one i hundred words. The new service! amounts in effect to a reduced! rate for long messages and will be! a boom to business men as.' well as I to those who use the cable for so-1 ,ial communications. Lindbergh Filed Notice. Boston.—Charles Lindbergh has filed notice at city hall of his in tention to marry. The lady's first name is Anne. Charles is a chauf feur. The future Mrs. Lindbergh is now Miss Peterson. ADMINISTRATOR’S NOTICE. Notice is hereby given that I have this day qualified as admin istratrix of the estate of J.‘ E. Champion, late of Cleveland coun ty, N. C. All persons having claims against said estate will pres ent them to me properly proven for payment on or before February 9, 1930, or this notice .will be pleaded in bar of their recovery. All per sons indebted to said estate will make immediate payment to the undersigned. This February 9, 1929. LAURA E. CHAMPION. Ad ministratrix of J. E. Cham pion, deceased. Ryburn & Hoey, Attys. r1 ' 1 ■ 111 1 .. % Dr. C. M. Pfsele —DENTIST— Office Over Woo!worth Residence Phone 460- W Office Phone 99-W %■! , .Til II, I 11,1.1 -T I I. ■» Will the home be hers • • • ? Life insurance to pay of! the mortgage and leave money in the bank, if you are taken, would make life bappierfor you and for her. i Full particulars and a work* able plan are yours for the ask* ing. No obligation of course. Phone today for full details C. R. WEBB General Agent, Shelby, N. C. THE PERSON WHO HAS NOTHING. Is Usually The One Who Does All The Damage. Your Only Safe guard is Insurance With GHAS. A. HOEY LONG TERM 5{% You Have Lost Money For Ten Years BY NOT HAVING A CO-OPERATIVE FIRST FARM MORTGAGE 400,000 Farmers In The United States Have Beaten You To It. BUT WE ARE STILL MAKING LOANS ON GOOD FARMS. Our Loans For 5 Years Cost No More Than Others. Optional To Run For 35 Years. ‘.void Increase In Interest Rates, Renewal Charges, Cost (M Searching Titles, Bonuses Other Fees. CALL US. SHELBY NATIONAL FARM LOAN ASSOCIATION Office Address: 21 Royster Bldg. Phone No. 673. HENRY B. EDWARDS, SecvTreas. Shelby, N. C. BEST SAFEST IT’S SPRING TIME AT THE PARAGON DEPARTMENT STORE Everywhere—in every dep irtment you see new Spring things. Beautiful piece goods, Ready-to-Wear and Foot wear. . Come—You’ll enjoy see*ng the new Spring Styles. I rue btyle MILLINERY Our milliner s"r,nt seve-al clays in New York, visit ng the big department stores, getting tips on the true styles for soring. And now you have New York stales right here for your selec tion and prices most reason able. Costume Jewelry A piece or two of Costume Jewelry cert'’inly acHs to your appearance and the cost is only a trifle. Our stock represents the very latest and many things you don’t see every day. DISTINCTIVE STYLES SPRING COATS $9-75 10 $69 50 Are you gr >wing tired of your o’d Coat? Surely you are, and we are ready to help you make proper se lection from our large stock. THE NEW ENSEMBLES It’s an ensermble season, in both Silk and wool. You’ll find either style here and in various colors and combinations. $19-50 lo $49-50 PRINTED CREPE DRESSES Are Biggest Sellers SEE THESE AT $9-75 You can get world’s of service from these $9.75 dresses. They have all the ear marks of much higher priced garments. A size here for every miss or madam. OTHER PRINTS $16-75lo$29-50 Flat Crepes or Georgettes. A number of attractive styles. Very Sheer CHIFFON HOSE $l-95 In every wanted shade. They rra Cadets. Our lead ing seller. HAND BAGS To Match $2SSto$650 In selecting your outfit see these new bags to match. Carefully Selected FOOTWEAR To match or harmonize with your spring apparel. Reasonably Priced $2-95to$1000 Rayon Pajamas From VAN-RAALTE Special $2*95 Styled almost exactly a s shown in this illnst -aMon. Very sheer and most service able. An assortment of styles' and colors. V-Rtex BLOOMERS A combination of silk and ray on. Unusually soft and sheer. Look very much like silk jer seys and wear unusually well. $1.95 54 & 56 IN- COATING From LaPORTE £2*95 and ^3*^® ^D. These Coatings are so wide it will only take a short cut to make a coat. The patterns are new-very plain but shows, lovely quality. PLAIN AND PRINTED SILKS $1.00 YARD Hundreds of yards of plain and print ed Silks, Pongees, in various colors. And all washable. The patterns are * distinctive and very attractive. THE PARAGON DEPT. STORE