North Carolina Newspapers

’ The Mkvieiikmd » Max the markets ....... 6-90 to 7r totu-n. -. . - car lots) --- Warmer Thursday Tod,, * Vorth Carolina Weather ..nor* Fall- *nd »u«ht,y warmer in portion tonlfht, Thursday la ^.inr cloudiness and —■ Thursday night and prob west Thursday afternoon. Jap War Plant Reported Bt I N IT ED PRESS | f,,ncv*. Mar. 22.—The Chinese d,|ft»tlon to the League of Nations innounrrd today detaUs of a Jap MW plan to invade China proper, finding the regions of Peiping and Tientsin In the far south. The state mfI,t was contained in a dispatch front General Sung Chehynan after Tsljsn had fallen Into the hands of the Chinese. City Agrees To Grade Sidewalks In Terrace Area Will Grade But Not Pave Sidewalks Tor Beaumonde Terrace Section. At a meeting of the city council last night it was decided to grade all the sidewalks in the Beaumonde Terraces, residential section In east Shelby. The petition for grading side walks in that area to serve approx imately 70 homes was presented by John A. Beam and the proposition was approved by the board. Mr. Beam proposed to furnish trucks for hauling topsoil, while J. D. Line berger, director qf the local relief agency for the needy and unem ployed, offered to supervise the grading work. The sidewalks, starting at Chest nut street at the Warren street in tersection and other streets and in tersections in the residential sec tion will be graded, it is under stood, but not paved at this time. Funeral Services For Lackey Youth; Meningitis Victim Young Son Of Late Dr, And Mrs. F. H. Lackey Buried At Fall ston Monday. Funeral services for Edwin Alex ander Lackey, nine-year-old son of the Late Dr. and Mrs. F. H. Lackey, were conducted Monday at eleven o’clock at Friendship Methodist Protestant church by the pastor, Rev. A. D. Shelton, assisted by Rev. W. L. Scott. A large crowd of sor rowing relatives and friends attend ed the final rites and there was a beautiful floral offering in tribute to the popular youth. The young boy, whose parents, Dr. and Mrs. Lackey and sister El len preceded him to the grave, had teen ill for some time with menin gitis which followed an attack of the influenza and for several days prior to his death Saturday no hope Was held for his recovery. Surviving him In his immediate family are a sis ler; Virginia, two brothers, F. H., Jr., and Euell; his stepmother, Mrs. Adi McCoy Lackey; his grandpar ents, Mr, and Mrs. R. A. Lackey, »nd other relatives. Active pallbearers were D. S. Hamrick, Melton Smith, J. D. Shel ton’ Jr , Robert Dixon, George Sta aeL and Deward Hoyle. Serving as Dower bearers and honorary pall fearers were the following little schoolmates: Rower bearers: Alice Rills, Lil Palls. ^ Alice Hamrick, Men 0a Smith, Mildred Williams, Dar 5* Cline, Mary Alice Ross, Minnie rf Cline. Clara Lee Bridges, Ruth Evelyn Shelbyton, Milicent ®cks, Brythe Williams, Mary Ann cott, Mary lou Hoyle, Anna Pearl nt. Constance Champion, Dorothy Wallace, Ezelle Wright; hon . ■ pall bearers: Everette Spurl n?Jr, Blar>che Williams, Carol s- Cline, Jr., Alvin Ham - t. Reid Wallace, Hasel Beam, Ed ... Bnam w- D- Lattimore, James KaFs Gary, Bim Ed aUndL J- B. McNeiliy. Clyde Champion Sells_OiI Firm Buy Out Independent 0,1 distributing Agency Here. ^^/hampion m Company, te wSrdent ?asoline and oil diatrib to’d v ,enCy o! 8helby 'h“ been R Clyde Champion to J. B., •BhounZ SS MCEntlr*' * «2nuf-!ntlre8' “ “ld trtbtur operate the oil dis na£Rt. under the same cade n ," Champlon as yet ur.ir. imi°uncentent as to his * tr'finooMonc. 8 PAGES TODAY VOL. XXXIX, No. 35 _1. SHELBY. N. C. VYEDNESD’Y, MAR. 22, 1933 (Published Monday. Wednesday and Friday Afternoons) Bt Mali, pat Mat. tin aO*anc«i - (a i>.> Cnrr\»r orr Mat. Hn i4nne«> aj.t. C. C. Blanton Gives Confident Report On Local Bank Situation Bank Official Goes To Richmond Reserve Bank Data Goes For Appraisal Big Bank Merger Is Talked li Carolina. State Banka To Get Federal AM If Needed Forrest Eskridge, cashier of th< First National bank, now operatini under a conservator, left last nigh for Richmond, Va. where he wa invited Into a conference with Fed Cral Reserve bank officials of tht district. To Make Appraisal Mr. Eskridge was asked to brini with him a complete statement o the bank's condition and all lnfdr mation which will enable the re serve bank officials to make an ap> praisal of the bank’s assets. Aftei this appraisal some course will bi recommended and taken to lighter restrictions or lift them entirely Employees of the bank worked un til midnight Monday to collect an< classify the bank’s paper so that thi reserve bank officials may hav< everything in hand to make the ap praisal and chart the course mos advisable to take toward the re opening. Aid For State Banks Legislation is pending in Wash' ington where the federal reserve will aid state banks not now mem bers of the federal system in lend ing them money for a period of t year until conditions Improve. Thii helping hand to state banks passec the lower house of congress and ii now before the senate for action. State-Wide System In the meantime Gurney P. Hood state commissioner of banks is work ing on a plan for a state-wide or ganisation of numerous state banlu which have not yet been permittee to open without restrictions. Th< proposal contemplates a hank wit! a capital of between two and fin million dollars with at least 50 of fices and depositories at addition al points. Two Large Systems Whether this banking plan in cludes banks in Shelby or this part of the state is not known. No in timation whatever has come that any banks In Cleveland county are being negotiated with in the plan but the North Carolina Bank and Trust Co. with 17 units and the Page Trust Co. with 14 units are included in the large number ol units still operating under restric tions and have displayed interest now under consideration by both state and national authorities. However, It has been stated hi Raleigh that it is not planned tc build the proposed institution around any one bank, but to include all which qualify. Preferred Stock Idea The Reconstruction Finance Cor poration is specifically authorized by the emergency banking law, the first bill to be enacted into law In the Roosevelt administration, tc (CONTINUED ON PAGE EIGHT .1 Thu It Newt; Pipe In A Sewer Stolen "They’ll steal anything these day*." So say* R. V. Toms, superin tendent of the Shelby munici pal water and light plant and he has the evidence to prove It. Yesterday city workers In making a check-up of sewer lines, etc., discovered that thieves had stolen about 15 feet of a sewer line in the Belvedere Heights residential section. In the woods to the rear of the residential section, the thieves dug a ditch in the sewer line leading to a septic tank and re moved approximately 15 feet of eight-inch pipe. The theft had apparently been carried out within the laat day or so. Price Auto Tags Down One Fourth Motorists of this section, who have not operated their autos this year because of the inability to purchase new tags, may now buy new tags at three-fourths the original price. 1 The Carolina Motor club li cense bureau, located at the Carolina Motor Inn, Shelby, was notified yesterday by the state license bureau that all tags may now be placed on sale at a reduction of one fourth in price. Wray’s Store Reopens Here Friday Mar. 24 ' Stock Is Bought By Carl Thompson. Bankrupt Sale To Begin Friday. Carl Thompson was the highest bidder for the bankrupt stock of merchandise of the A. V. Wray and Six Sons wllen the sale was con firmed by the court In Charlotte Monday afternoon in the office of Marion Ross, referee In bankruptcy. Mr. Thompson, it is understood, bought the merchandise for Mr. Wray and his sons and they will re-open for business in the same stand on Friday of this week. The stock is being gone over and every thing marked down for a bankrupt sale to start Friday morning. The many friends of the Wrays are expressing delight that they are able to resume business here where ail were bom and reared and where Mr. Wray was in business foi over twenty years in the same lo cation. There was *p lilted bidding in Charlotte Monday afternoon. Some six or eight bids were received here at 10:30 when Mr. Thompson was highest at $$,000. In Charlotte, more bidding was allowed and the stock brought $12,000. Contractors Here Enter Bankruptcy C. A. Morrison A Son File Volun tary Petition. Realty Hold ings Heavy. A voluntary petition in bank ruptcy was filed with Marion Ro6S, Federal referee, today by Attorney Peyton McSwain for the Shelby contracting firm of C. A. Morrison <te Son. Morrison and Son, a general con tracting firm, was one of the larg est building organizations in this section and has in recent years handled some of the major build tog projects.to three states. Heavy real estate holdings, however, cou pled with deflation in values were said to have resulted in the bank ruptcy move. A conservative esti mate of the firm’s assets was listed at $39,480 and liabilities at $68,790. In recent years the firm has han dled several large building con tracts, among them post office structures to this and adjoining States, school buildings and hos pitals. The firm is composed of C. A. Morrison, well known Shelby business man, and his son Clarence. Present Charges On “Big” Banker New York, Mar. 22.—The govern ment's charges of income tax ava sion against Charles Mitchell, for mer head of the National City bank interests, were presented to a fed eral grand jury today by U. S. Dis trict Attorney George Medalie, who refused to discuss the case. Fifty Killed In State Accidents Last Month; More Than 200 Hurt RecUeatnoi And liquor Blamed For Large Portion Fatal Mishaps. Raleigh. March 32.—Recklessness, liquor and speed killed 80 people and injured 380 in 192 accidents in February in which 271 vehicles were Involved, according to figures re leased yesterday by L. 8. Harris, chief of the motor vehicle bureau of the state department of revenue. In January 46 persons were killed and 353 injured in 343 accidents. In February,°«ly persons wer* killed and 328 were injured in 260 accidents. So far, for the first- tvco months of this year, 96 persons have been killed and 633 injured in 440 acci dents while during the first two months of 1932 93 persons were killed and 698 injured in 542 acci dents. Reckless driving was given as the cause of 15 fatal and 42 non-fatal accidents, while speeding was given ! as the cause of 10 fatal and 10 non fatal crashes. Three fatal and 13 tceuTttH'se ok j Funeral of Former Mayor Thursday I Funeral service* for A. P. Weath ers (above), former major of Shel by and for many year* alderman and leading business man, will M held at U>e residence tomorrow. Mr. Weathers died this morning after an extended illness. Colored Schools Finals In Shelby On Friday Night 71 Negro Students Of Cleveland County Will Be Promoted To High School. The negro schools of Cleveland county WH1 end their school year Friday evening with county-wide commencement exercises at the county court house, according to announcement today by ' Violet Thomas, supervisor. The program will begin at f o’clock and the public is cordially invited to attend the exercises. A feature of the commencement exercises -will be the promotion of 71 county students from the sev enth grade to high school and the awarding of their certificates as grammar school graduates. The four schools whose students ranked highest in the county-wide examinations were Ebenezer at Kings Mountain, Polkville, Douglas, and Maple Springs. Representatives from thes% schools will speak dur ing the evening. West African Speaks. The literary address to the grad uates will be made by Dr. Faduma, a native of West Africa, who Is as sistant principal of Lincoln Acade my at Kings Mountain. Musical numbers will be furnish ed by quartets from the county schools and the Cleveland Choral Club. Masonic Meeting A regular meeting of Cleveland lodge 202 A. F. and A. M. will be held Friday night at 7:30 in the Masonic temple. Try Answering These Can you answer 14 of these test questions? Turn to page two for the answers. 1. Name the largest Gothic cathe dral in the world. 2. Are the stars suns? 3. What is technological unem ployment? 4. In what city are the national headquarters of the D. A. R.? 5. What is the Oriental market called? 6. What river supplies the water to operate the locks of the Panama Canal? 7. What name is given to legisla tive bodies in the German states? 8. What is a palindrome? 9. What year did Idaho become a state? 10. Who wrote ‘The Silver Horde'? 11. What name is for Swiss sum mer houses and villas? 12. Who wrote “She Stoops to Conquor”? 13. What does U.8.8.R. stand for? 14. Are the salaries of state of ficials subject to federal income taxation? 15. When did Marshal Joffre of Prance die? 16. Who first used the phrase “Back to Normalcy”? 17. Where is Great Salt Lake desert? 18. Who was Hadrian? 19. Does the federal government Lurjote taxes on real s»ta*e? 10 what is a Hooka? 4 A. P. Weathers, Former Mayor Of City, Died Today Funeral Service* On Thursday At 3 One Of Shelby’* Early Builders And Leading Citizens Passe* After Illness. Albert Pinkney Weathers, farmer mayor of Shelby and for years one of the city's leading citizen* and builders, died this morning at 4:45 In the Shelby hospital. He had been ill for six months and in generally declining health for several years, his death being attributed to har dening of the arteries. Funeral services will be conducted at the residence on South Lafay ette street Thursday afternoon at 3 o’clock by Dr. Zeno Wall, pastor of the First Baptist church of which the deceased was a loyal member. Interment will follow In Sunset cemetery. Mr. Weathers Is survived in his immediate family by his widow, who was Miss Octavla Nolan before marriage; and three children—Flay Weathers, prominent Forest City business man; Lee B. Weathers, publisher and editor of The Cleve land Star; and Mrs. Pearl Smith, wife of H. Dixon Smith of Colum bus. Oa. A brother, W. Y. Weath ers, of Shelby, also survives. Aeuve umr Tlif deceased had he lived until Tuesday, March 38, would have been 73 years of age. He was the son of Albert O. Weathers and the grandson of William Weathers at whose home the first court in Cleveland county was held after the county was formed. Born in the Zion community of Cleveland coun ty he moved to Shelby at the time tjbe Seaboard railroad was being constructed wufr since had been an active and leading business man. Tor a time he operated a com flour mill where the Eagle roller mills are now located, hater he operated a lumber and mill work plant, “manu facturing chairs, tables and fencing. He was also a contractor and built many residence and business build ings in the city, furnishing the mill work for the Shelby Cotton mills and supervising the erection of the Shelby hospital of which he was a trustee, the first National bank and other structures. He was for years in the hardware business with C. T. Hard, being one of the organizers of the Farmers Hardware company here and at Forest City. He served as alderman in Shelby for 16 years and was elected mayor in 1925. While he was mayor the modem city pump station was erected. He put down the city’s first paved side walks, installed the first plate glass show windows and electric elevators. In his business career he was as sociated with numerous other Shel by enterprises, being president of the Ideal Ice and Fuel company, a director of the Cleveland Building and Loan association, and at all times a public-spirited citizen dur ing the growth of the city from a small town into an important in dustrial and trading center. Al though his death was not unexpect ed it came a shock to hundreds of citizens in the community in which he had been so actively conected for so many years. Former Shelby Man Dies In Atlanta, Ga. Fred Davis, native of Shelby, died in Atlanta, Oa. Sunday night and was buried there on Tuesday, ac cording to a letter received here by S. L. Gillespie, a relative. Mr. Davis was bom and reared here at the home of his parents, Mr. and Mrs. S. R. P. Davis on N. Morgan street, in a house where now is located the home of Charlie Washburn. It is understood that deceased was a plumber In Atlanta, Ga. His aged father still lives, together with a number of brothers and sisters. Bostic Family Safe In California Quake A letter to Mrs. Judith Bostic Eskridge from members of the fam jily of her brother, the late John Bostic, say the four or five children are safe from any personal injuries i as a result of the California earth- I quake. The Bostic children live in < Long Beach and Los Angeles where * the quake damage was the heaviest, i They suffered property loases but no personal injuries. Several report, i they are living in their yards in! < tents, because- th- ir homes were de- ' 1 4 Beer Back April 7 After Long Drought Roosevelt Today Signed Congres sional Measure Amending The Volstead Act. By UNITED PRESS Washington. Mar. 22.—Altar morn than 13 year* rill* bear and light wine* will be back as legal beverages In America on April 7. President- Roosevelt today signed the Cullen-Harrlson bill modifying the Volstead act to permit 3.3 beer and wine. First sales under the new law will be permissible at one minute after midnight, Friday. April 7, two weeks from next Friday, Was Baby Thrown In Sandy Run Creek By Man And WomanSunday? Negro S»jn Ht Saw Crying Woman And Man Throw Randle, Into Creek. By WAKE BRIDGES Mooresboro, March 33 - Sandy Run Creek has been the scene of much excitement as Deputy Dwight Morehead leads a dragging crew In search of something, which la thought to have been a young babe, that was thrown Into the creek from the No. 30 highway bridge about 11:30 Sun day night by a man and two wom en. Negro Saw Them •Marlon Martin, 46-year-old negro, watched them from his cottage some twenty yards from the bridge. Martin says he heard a car stop near his cottage, thinking that, it was someone to see him be raised up In his bed before a window fac ing the road and creek. He says that two women and a man got out of a '31 model Chevrolet. One of the women had a flashlight, which she flashed before her as they walk ed from the car parked mi the shoulder of the road at the end of the bridge to the middle of the structure. Martin says the man ex claimed: "Put out that damn light.” The negro says the wdman was cry ing all the while. Near the middle Of the bridge the woman was or dered to turn on the light. Then the man heaved a bundle wrapped in a cloth Into the creek, but not before the woman had begged to see It again. Martin said that between sobs the woman said “Lord let me see it once more, because I’ll never see It again.” "Damn It, we don't want to see it any more," answered the man. A heave of the man’s arm. & splash and it was over. Martin said that he saw that the man was tall, slender and wore a blue suit. The crying woman was small and had on a blue skirt and blue waist. The negro heard some one exclaim as they re-entered the car: “There isn’t any use crying now; It Is gone.” But Martin says the woman was crying as the car irew away towards Shelby. Martin Is sure that there were at least four persons In the brown sports coupe. Early the next morning the negro went to the home of Deputy More lead In Mooresboro where he relat ed the same tale that he told to the correspondent Tuesday night. Deputy Morehead and Martin 1 ragged the creek with a seine for i quarter of a mile although the water was cold and waist deep Monday. There are also footprints and tire imprints to back up the story of the colored fellow. The woman wore about number five spool heels, while the man wore a heavy eight and one-half. The footprints of the third woman were not visible. Deputy Morehead also noticed the car described by Martin go through town. He Intends to search until something Is discovered, as does the negro. William T. Greene Funeral Services Seven-Months-Old Son Of Mr. And Mrs. Ralph Greene Died Monday. William Thomas Oreene, seven months-old son of Mr. and Mrs. Ralph Oreene. of near Polkvllle, died Monday morning after an Illness of seven months. Although less than .* year old he had endeared himself to the family and neighbors and his parents have the sympathy of their many friends. Funeral services were held at Sandy Plains church, In the New House section, and were conducted by Rev. W. A. Elam and Rev. J. M. Barber. Surviving are his father and mother, and three brothers and sf» sisters—Lee, Erast us, Ralph, Jr., Lil lian. Charlene, Docia, Vera, Lethia and Blanche. Crop Loan Office Closed Two Days There will be no applications for crop loans taken at the crop loan office In the Cleveland county court house on Friday and Saturday ot this week, It was announced today by P. T. Wagner, field representa tive. The office will be reopened for applications on Monday, March 37. 80 far 348 Cleveland farmers have applied for loans ranging In amount from $25 to $300. Mrs. Doggett Talks To College Students bOs. Robert Doggett. member of the Shelby high school faculty and dean of girls, was the principal speaker at a program given Wed nesday night for the co-ed students at Boiling Springs Junior college. Mrs. Doggett made an interesting talk to the college girls cm the re sponsibilities of their future and discussed prospective vocations to be taken up after college. Temporarily Halt Roosevelt Plan For Employing 250,000 Jobless % me rtran Federation Of Labor Backs Plan To Aid Jobless In Prof ram. By UNITEB PRESS Washington, March 22.—President Roosevelt's pro pass 1 to recruit an irmy of 250,000 Jobless men to be aut to work on government projects it a dollar a day was blocked tem porarily at least today when the rouse labor committee of the Amer ican Federation of Labor declared officially against the relief program. Approve Bingham Senator Barkley, Democrat, Ken tucky, announced after appearing before the senate foreign relations committee today that the commit tee had voted unanimously to re port favorably upon the nomina tion of Robert Bingham, of Louis ville, Ky„ as ambassador to Great Britain. Farm Relief Measure Should Pass Without Any Delay, Congress Told “Imperative” That Somethin* Be‘ Done, Agricultural Commit tee Declares. Washington, Mar. 32.-~The house vas told yesterday by Its agricul ure committee that enactment of he administration farm bill with rnt delay was ‘ imperative" and “es ential to the relief of the national mergency.” The committee thus brought in ts formal report as despite consld rable opposition formed against the •ill. aides of President Roosevelt as f erred h< hnci full 'on/idenc* *,h< measure would pass not only the house but the senate as well. The White House secretaries said Mr. Roosevelt felt that many of those who objected to particular phases of the bill would vote for the whole measure when it was time for the final ballot. Ready to take it up. the Demo cratic leaders of the house had al ready a rule under which it would be given four hours of debate with cns vote at the end, Just yes or no! >n passage. No amendments thus I Gives Status Of Banks; Expresses Faith In County Half Million For Protection Faith In Institution BteM Cj» Rj •hr,ooo or hi* mwiki Ktoek. "The First National bank of Shal by has over a half million dollar* In capital stock, surplus and undi vided profits, even after $363,000 in notes are charted off, with which to protect depositors against any other losses which may have to be charted off.'* That was the basic statement of a frank, clear-cut and confident In terview given The Star today by Charles C. Blanton, president of the First National bank and Union Trust company and now serving as conservator of the First National by virtue of appointment by the fed eral government. He further cited figures to show that the condition of the Union Trust company la very similar to that of the First National. He emphasised the protection of da poaltors by addint that he person ally owns $118,000 stock in the First National and would pay the full amount "If necessary to settle with the depositors in full." Personal view Mr. Blanton, popularly known aa “Uncle Charlie" to the section he has aided in upbuilding for near two score years, expressed his con fidence in improved business in the future, added his personal belief that local banks are sound. and concluded by saying that he had given the best years of his life to these Institutions and this section and "certainly I will not desert them now, and I want to assure our friends that we will put forth every effort to meet every reasonable re quirement of state and federal gov ernments.” • Explains Situation A summary of the views express ed in the interview as to the situa tion of the banks now and the pros ■ pects for the future follows: "I have been engaged In the bank ing business in Shelby for 38 years. I am president of both the First National bank and the Union Trust oompany. My ambition has been to serve the people of Shelby and Cleveland county and to furnish them adequate and sound banking facilities. I have sought to pursue a liberal policy with reference to loans in order to enable our people to advance Industrially and agri culturally and to Increase and de velop our business interests. “The growth and progress of Shelby and all of Cleveland county would seem to justify this policy. Of course In the period OP unusual depression through which we are passing it has been impossible for all the people to meet their loans at the banks, and necessarily the banks have had some losses, but this was to be expected. In the good days the banks wisely accumulated a surplus for the purpose of meet ing possible losses and to safeguard against just such conditions as we have had to deal with during the past three years. “The First National bank had a capital stock of $350,000; surplus of $500,000, making three-quarters of a million dollars capital and sur plus, besides a comfortable balance of undivided profits. Last year, un der the direction of the National bank examiner, we charged off practically $260,000 as losses on noteB of people or corporations who had failed or were unable to pay. This was charged against the sur plus and undivided profits account. The bank now has, after charging off all of these notes, $250,000 cap ital, $250,000 surplus and $43,000 un divided profits, making a total of $542,000—over a half million dol lars to protect the depositors against any other losses that may have to be charged off. Of course all of these notes charged off still belong to the bank and with the return of normal times many of them will be collected. "It Is generally known that in ad dition to the capital and surplus of the bank that the depositors have the added protection of an assess ment against the stockholders if that should be required In order to pay all depositors 100 per cent. I own personally $118,000 of the $250. 000 capital stock and, therefore, would have to pay the full amount of $118,000 If necessary to settle with Sepoeitors In full. “The condition at the Union Trust sompany is very similar to that of ;he First National bank. Its capital itock is $150,000, and surplus of >100.000, and $18,700 undivided prof it making a total of *368.700. Con ing' the deposit account, the