Newspapers / The Perquimans Weekly (Hertford, … / June 22, 1972, edition 1 / Page 5
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CLASS Tl EDS Ftia Sand. Call 297-2615 or 297- For. Sale: 1967 Ford Ranchero. J A-l. condition Call 426-5575 . between 5 & 6:30 p.m. June 15,220 WANTED: 5 gallon aquarium. ( Call 43A-73M . ' ' June 22c FDR SALE: 36" electric range. ( tuiuinun. uau Vivian i Matthews, 426-5010 or 426 ;5444. ; .' June 22, July 6c i BULLDOZER SCRAPER .OPERATORS NEEDED Training now being offered ,u iiiuueni nenvy equipment. (.Industry wages exceed $6.00 per hour in most areas. i Experience is not necessary. '.For immediate application ; call Area Code 803-254-5652 or i Write Heavy Equipment J Division, P. O. Box 13435, ! Columbia, South Carolina 29201. June22-29C V TRUCK DRIVERS Experience not necessary) Professional drivers earn up to $5.41 per hour, plus over ' time up to $20,000 per year. You can too after short y training for local or over-the-road hauling. For application call (704) 394-4320 or write: NATION WIDE SEMI DIVISION, 3313 Belhaven Blvd., Charlotte, N. C. 28216. 1 June 22-29 C SPINET CONSOLE PIANO may be purchased by small monthly payments, see it locally, write Cortland Music Co., P. O. Box 173, Clover, S.C. 29710. June 22-29; July 6-13P For Sale 30 inch Electric range, 9 pc. plastic dinette ;set, 1 large Duo Therm Oil Burner, 1 Lge. Coleman Oil Burner, 3 gas space heaters, draperies, odds and ends on sale at the Old Methodist 'Parsonage in Winfall Saturday, June 24, from 9 A.M. to 1 P.M. NOTICE OF . ADMINISTRATION 'Having qualified as Execu trix of the estate of Wiley F. Eason, de ceased, late of Perquimans CtSjfinty, North Carolina, this is to notify all persons having claims against the estate of said eased to exhibit them to the lesigned at Route No. 1, Box lCfrD Gastpj. 'Drive, Hertford, Nip. on or before the 8th day of December ,1975 or this ntoice wiH be evaded in bar of their reo,ver3n persons, indebted. tojsaid estate will please make inftr.ediate payment, fhis 1st day of June 1972 r Margaret Smith Eason xecutrix of Wiley F. Eason, Estate June 8,15,22,29c NOT1CEOF U 'ADMINISTRATION paving qualified as Ad ministratrix of the estate of Robert Luther Perry, deceased, late of Perquimans County, North Carolina, this is to notify alj persons having claims against the estate of said deceased to exhibit them to the undersigned at Box 34, Winfall, N. on or before the 15th day of December 1972 or this notice win be pleaded in bar of their recovery. All persons indebted totfeaid estate will please make immediate payment. This 1st day of June 1972 Espie M. Perry Johnikins Administratrix of Robert Luther Perry, Deceased !? - June 8.15.22,29c NOTICE OF SERVICE y OF PROCESS BY f PUBLICATION V STATE OF i NORTH CAROLINA PERQUIMANS COUNTY f. IN THE SUPERIOR COURT VIRGINIA ELECTRIC AND POWER COMPANY, Petitioner v. ' ALEXANDER FELTON, " ET AL' Respondents TO: ALEXANDER FELTON, if living, and spouse, if living, of : Alexander Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Alexander Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; :LAURA ELLIOTT, if living, and spouse, if living, of Laura : Elliott, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors ft Interest to Laura Elliott and cuse, if : deceased, not V jrwise named herein, made r es hereto aa PARTIES L XNOWN; LOUIS W. j jFLER, if living, and r :e, if living, of LouW W. Hoffler, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Louis W. Hoffler and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN: EULA F. MAR TIN, if living, and spouse, if living, of Eula F. Martin, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Eula F. Martin and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; spouse, if any, of Lottie Hoffler, not otherwise named herein, made party hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to LOTTIE HOFFLER, deceased daughter of Fannie Elliott, (deceased daughter of Lewis Felton, deceased), and spouse of Lottie Hoffler, if deceased, not otherwise named herein, made parties hereto as PAR TIES UNKNOWN; EVELYN E. BISHOP, if living, and spouse, if living, of Evelyn E. Bishop, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Evelyn E. Bishop and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ALPHONSO WINSLOW, if living, and spouse, if living, of Alphonso Winslow, not other wise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Alphonso Winslow and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; MARJORIE F. HOPPER, if living, and spouse, if living, of Marjorie F. Hopper, not otherwise named herein, made parties hereto as PAR TIES UNKNOWN; all heirs, devisees and successors in interest to Majorie F. Hopper and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ELEANOR F. EUGENE, if living, and spouse, if living, of Eleanor F. Eugene, not otherwise named herein, made parties hereto as PAR TIES UNKNOWN; gll heirs, devisees and successors in interest to Eleanor F. Eugene and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; HILTON FELTON if living, and spouse, if living, of Hilton Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Hilton Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ALPHONSO L. FELTON, if living, and spouse, if living, of Alphonso L. Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees: and successors in interest to Alphonso L. Felton and spouse if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; MILDRED F. HOGGARD, if living, and spouse, if living, of Mildred F. Hoggard, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Mildred F. Hoggard and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; NOAH FELTON, if living, and spouse, if living, of Noah Felton, not otherwise named herein, made parties hereto as PAR TIES UNKNOWN; all heirs, devisees and successors in interest to Noah Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ANNIE F. YOMEN, if living, and spouse, if living, of Annie F. Yomen, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Annie F. Yomen and spouse, if deceased, not otherwise named herein, made "parties hereto as PARTIES UNKNOWN; EMMA L. McPERSON, if living, and spouse, if living, of Emma L. McPerson, not. otherwise named herein, made' parties hereto as PARTIES UNKNOWN; all heirs, devisees and. successors in interest to Emma L. McPerson and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; MILEY I. DOUGLAS, if living, and spouse, if living, of Miley I. 'Douglas, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Miley I. Douglas and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; and JAMES FELTON, if living, and spouse, if living, of James Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to James Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN, TAKE NOTICE THAT: A (pleading seeking relief against you has been filed in the above-entitled special proceeding. The nature of the relief being sought is the condemnation of property in which each of you has an interest, which con demnation is necessary for acquiring the perpetual right, privilege and easement of right of way to construct, operate and maintain one or more lines of poles, towers and structures for the purpose of transmitting electric power by one or more circuits, including all wires, poles, towers, attachments, ground connections, equipment, accessories, appurtenances desirable in connection therewith over, upon and across certain land and property situate in Parkville Township, Perquimans County, North Carolina, more particularly described as follows: Being the identical property described in deed dated May 7, 1900, from Robert White, administrator to Louis Felton, recorded in Book 4, Page 175, Perquimans County Registry and described therein as bounded on the southeast by lot of James Hurdle, colored, on the northeast by the Norfolk Southern Railroad, on the northwest by lands of Alphonso White, now lot of John Billips, colored, and southwest by the "main public road" leading from Winfall to Parkville, con taining (M) acres, more or Said easement of right of way being descnbed as: BEGINNING at the intersection of the property line dividing Owner's property and property of Joe Perry with the northwesterly line of the Norfolk Southern Railway Company, which point is northwestwardly 24.7 feet measured at right angles from Survey Station 7 plus 92.5; thence in a south westwardly boundary line of said Norfolk Southern Railway Company being a curve to the right having a radius of 5786.9 feet, an arc distance of 148.7 feet to a point; thence S. 80 degrees 32' W. 6.6 feet along-thc property line dividing Owner's property TTfnTTt property of Bryan Miller win point; thence N. 20 degrees 47' E. 84.1 feet to a Ipomt; thence N. 35 degrees 17' E. 65.2 feet to a point in the property line dividing Owner's property and property of said Joe Perry; thence N. 80 degrees 31' E. 7.5 feet along said property line to the point of beginning. Being shown on plat attached to Petition filed herein with Clerk Superior Court of Perquimans County; You are required to make defense to such pleadings not later than July 18th, 1972, and upon your failure to do so the party seeking service against you will apply to the Court for the relief sought. PLEASE TAKE NOTICE also (hat Petitioner will on the 28th day of July, 1972, at 10 o'clock, a.m., make application to me at my office in Hertford, North Carolina, for appointment of commissioners of appraisal to determine compensation to be paid you for the perpetual rights, privileges and easements of right of way sought to be acquired in this proceeding; for the relief demanded in the Petition on file with me; and for such other further relief as it may in the premises be entitled to receive: and that said commissioners shall hold their first meeting on the 7th day of August, 1972, at 10 o'clock a.m., at , my . office, Hertford, North Carolina, or at such other time and place designated by said com missioners at said first hearing. WJ.Ward Clerk of Superior Court E. Milton Farley. Ill, Esq. John E. McDonald, Esq. Hunton, Williams, Gay, Powell & Gibson ' " " Post Office Box 1535 Richmond. Virginia 23212 F. pSpruill. Jr., Esq. Charles T. Lane, Esq. Spruill, Trotter I Lane Post Office Box 353 ' Rocky Mount, N.C. 27801 Attorneys for Petitioner June 8, 15, 22-c IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION BEFORE THE CLERK . NORTH CAROLINA; : 1 PERQUIMANS COUNTY VIRGINIA ELECTRIC AND POWER COMPANY, Petitioner ' v. ' ALEXANDER FELTON, if living, and spouse, if living, of Alexander Felton, not otherwise named . herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and suc cessors in interest to Alexander Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; LAURA ELLIOTT, if living, and spouse, if living, of Laura Elliott, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Laura Elliott and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; LOUIS W. HOFFLER, if living, and spouse, if living, of Louis W. Hoffler, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and suc cessors in interest to Louis W. Hoffler and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; EULA F. MARTIN, if living, and spouse, if living, of Eula F, Martin, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Eula F. Martin and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; spouse, if any, of Lottie Hoffler, not mtherwise named herein, made party hereto as PARTIES UNKNOWN; all heirs, devisees and suc cessors in interest to Lottie Hoffler, deceased daughter of Fannie Elliott (deceased daughter of Lewis Felton, deceased), and spouse of Lottie Hoffler, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; EVELYN E. BISHOP, if living, and spouse, if living, of Evelyn E. Bishop, not other-wise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and suc cessors in interest to Evelyn E. Bishop and spouse, if j deceased, not otherwise namea nerein, maae parties horptn . ji PABT11TS WINSLOW, if 4fvinfc and spquse,' if living)) ot Alphonso Winslowt not ? otherwise named herein made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Alphonso Winslow and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN: MARJORIE F. HOPPER, if living, and spouse, if living, of Marjorie F. Hopper, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and suc cessors in interest to Mar jorie F. Hopper and spouse, if deceased, not- otherwise named herein made parties hereto as PARTIES UNKNOWN; ELEANOR F. EUGENE, if living, and spouse, if living, of Eleanor F. Eugene, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Eleanor F. Eugene and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES U N K N'tfWN ;"HIITTtrN FELTON, if living, and spouse, if living, of Hilton Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Hilton Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ALPHONSO L. FELTON, if living, and spouse, if living, of Alphonso L. Felton, not otherwise named herein, made parties - hereto -as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Alphonso L. Felton and spouse, if deceased, not otherwise named herein, made parties hereto as ; PARTIES UNKNOWN; MILDRED F. HOGGARD, if living, and spouse, if living, of Mildred F. Hoggard, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Mildred F Hoggard end spouse, if deceased, not otherwise yarned herein, made parties hereto as PARTIES UNKNOWN; NOAH FELTON, if living, and spouse, if living, of Noah Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Noah Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; ANNIE F. YOMEN, if living, and spouse, if living, of Annie F. Yomen, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Annie F. Yomen and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; EMMA L. Mc PERSON, if living, and spouse, if living, of Emma L. Mc Person, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to Emma L. Mc Person and spouse, if deceased, not otherwise named herein, made parties hereto as PAR TIES UNKNOWN; MILEY I. DOUGLAS, if living, and spouse, if living, of Miley I. Douglas, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisess and successors in interest to Miley I. Douglas and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; and JAMES FELTON, if living, and spouse, if living, of James Felton, not otherwise named herein, made parties hereto as PARTIES UNKNOWN; all heirs, devisees and successors in interest to James Felton and spouse, if deceased, not otherwise named herein, made parties hereto as PARTIES UNKNOWN, Respondents TO: EACH OF THE ABOVE DESIGNATED PARTIES I. A civil action has been begun in this County in which Virginia Electric and Power Company is Petitioner and the parties designated in the caption hereof are Respon dents. II The object of this action is a special proceeding for con demnation of the hereinafter described property. Ill The property lies in the County of Perquimans and Stated of -North Carolina; in Parkville Township and iS3hore particularly describe as follows: : - iThe house and lot of Jacob 'Whedbee bounded.: on .ine jsotitheast by-toV.tftJames-jHurdle,' colored o'ithe northeast by the Norfolk; Southern ; Railroad,' 6ft"' the nqrthwest by l'ands , of Alphpnso White, nfa'M, 'of John Billips, colored Vnd 'southwest by the ii'.wain public road" leading, fiom Iwinfall to Parkvaleoicon-. taming () acre, "more or less. Being the identically described property in deed dated May 7, 1900, from Robert White, Ad ministrator, to Louis Felton, recorded in Book 4, Page 175, Perquimans County Registry. This notice of Lis Pendens is filed under the provisions of Section 1-116 et seq., of the General Statutes of North Carolina, and all persons will take notice of the same. - This the 6th day of June, 1972. Attorney for Petitioner E. Milton Farley, III, Esq. John E. McDonald, Esq. Hunton, Williams, Gay, Powell & Gibson Post Office Box 1535 Richmond, Virginia 23212 F.P. Spruill, Jr., Esq. i C.T. Lane, Esq. Spruill, Trotter & Lane Post Office Box 353 Rocky Mount, North Carolina 27801 Attorneys for Petitioner June 8,15,22c and default having been made in the payment of the in debtedness secured thereby, whereby the power of sale therein contained became operative, and the holder of said note having declared the entire indebtedness due and demanded a foreclosure thereof for the purpose of paying same, the undersigned Trustee will on Friday, the 7th day of July, 1972, at 11:00 a.m., offer for sale at public auction to the highest bidder for cash at the Court house Door of Perquimans County. N.C. the following described property: Lying and being in Perquimans County, New Hope Township, State of North Carolina: BEGINNING at a point on the easterly side of the Whitehat Road, said point being on said road at the north- pavesterly corner of the Eure property, and thence along the This Is The Lav; By Robert E. Lee (Sponsored by The Lawyers of North Carolina) What is the federal estate tax? . It is a death tax payable to the federal government subsequent to the death of an individual. The amount of the tax is determined by the value of the property transferred at death. In theory, the federal estate tax is the price paid to the federal government for the privilege of transmitting property at death. The federal estate tax is in addition to, and wholly unlike, the income, franchise, gift, excise, property, and other taxes which the decedent was obligated to pay during his lifetime, and which if not paid at the time of his death, must also be paid by his executor or ad ministrator. A decedent's estate is generally not taxable upon property which he has com pletely given away during his lifetime. There are, however, a few exceptions to this general rule. For example, if a person makes a gift of property within three years of his death, there arises a rebuttable presumption that this was in contemplation of death and the property becomes subject to the federal estate tax. What is the difference bet ween the federal estate tax and the North Carolina inheritance tax? Both are death taxes. But aside from their distinctions in terms of rates and exemptions, the two types of taxes operate quite differently. The federal estate tax depends upon the size of the entire taxable estate without regard to the valuation of the various amounts of property going to particular beneficiaries, and their relationship to the decedent (except in the case of a charitable beneficiary and where the beneficiary is a surviving spouse and the marital deduction is involved). The state inheritance tax is based upon the relationship of the particular beneficiaries to the decedent and the value of the property they receive. Under the federal estate tax it ' is immaterial as to whether a testator leaves his entire estate to his children or to those who are not blood kin. Under the state inheritance tax, the graduated tax rate is lower for spouses and those close of kin to the deceased than those who are fcure1iihd' south 47 degrees east 6.62 chains to an iron stob; hence south 54 degrees east 4 50 chains to the Caddy property; thence south 40 degrees 30' west 28.80 chains to a point ; thence north 30 degrees 45' west 20.60 chains to a point; i hence south 9 degrees west 20.75 chains, and south 35 degrees west 13 chains toa point thence north 36 degrees 15' west 26.95 chains to the said Whitehat Riiad: thence along the said road, north 49 degrees east 17.28 chains, and north 40 degrees 30' east 29.97 chains to the point of beginning, containing 127.90 acres as shown by plat of survey made by F.ugene Jordan, Registered Surveyor, on July 19. 1963. For further descrip tion, and chain of title, see Deed Rook 20, page 448, Public Registry of Perquimans County. N.C. and other deeds from Trim Sawyer of Record. There is also excepted a certain tract or parcel of land of he above described land by deed from James W. Oopeland and wife, Peggy S. Copeland. to Marvin Caddy and wife, Willie H. Caddy, containing 49.62 acres, recorded in Book 50, Page 487, Register of Deeds Office, Perquimans County, North Carolina. This 6th day of June, 1972. Julian E. Winslow, Jr., Trustee r ri I ,70 CHEV. Caprice '70 MAVERICK ' 70 TORINO GT 2 dr. I 69 DODGE Monoco, 2 dr., H.T. . 69 CHEVELLE 2 dr. 69 CHEV. HA., 4 dr. 69 FORD Cust 600. 4 dr. 69 FORD LTD. 4 diT. H.T. i 63 FORD GaL 600, 4 dr. 68 OLDS 4 dr., H. Top vi:::LOv;-cwricHAti) Mbfo cc int. The Perquimans Weekly, Hertford, N. C, not. A husband buys a home for $25,000 and takes the title in the name of himself and his wife as tenants by the entirety. Sub sequently he dies and at the time of his death the house is valued at $40,000. Is any portion of its present value included as a part of his gross estate for federal estate tax purposes? Yes. Since the husband contributed the entire purchase price, the house's present value of $40,000 will be included. The federal estate taxes in cident to the settlement of a sizeable estate is often bur densome and disruptive of the family unit. Many persons prior to their deaths are now seeking the aid of lawyers, who are experienced family estate planners, to minimize the ef fect. Attends Orientation Orientation for. students who will register at Chowan College in the fall is currently being held with Belvidere resident, Douglas Layden attending recently. Students were given placement tests in reading, mathematics and swimming. Other activities which were open to parents included messages from staff members, a tour of the campus, and visual aids on preparation for college. Layden, a graduate, of Perquimans Co. High School, plans to major in Liberal Arts at Chowan, a two-year, church related institution. He is the son of Mr. and Mrs. Charles Layden. Dance At Club There will be a dance at the Elizabeth City Shrine Club on June 24th. with Buddy Gregory and his band furnishing the music. Make your plans now to at tend. Shriners, Ladies and Guests welcome. Donations $4.00 per couple. SPECIAL CLOSE OUT PRICES ON LAWN AND GARDEN TRACTORS, LAWN MOWERS AND GARDEN TILLERS. CR. WARD PHONE 426-7696 HERTFORD, N. C. SNUG HARBOR ROAD NOTICE FOR SALE 2 Lavatories 1 Stool with tank 1 Kitchen sink, cabinet type 1 Hot water heater 1 Shower stall 2 Attic fans (large) ALSO SOME BEDROOM FURNITURE -ITEMS PRICED TO SELL -HAVE JUST BEEN DISCONNECTED SPACE IS NEEDED SALE WILL BE HELD THURSDAY, JUNE 22 2 P.M. 10 6 P.M. 220 DOBB STREET, HOUSE NEXT DOOR TO JACKSON WHOLESALE CO. D.M. JACKSON m r. I 68 CHEV. Chiwlle, &&. 63 MUSTANG 2 dr. 67 RAMBLER 2 Dr. 67 FAIR LANE 2Dr.,H.T. 67 FORD GaL 600, 4 dr. 67 MUSTANG 2 dr. 67 FORD GaL 500, KTop ' 67 BUICK 225, 4 dr. 68 MUSTANG Conv. 3 FORD GaL 500. 4 dr. Thursday, June 22, 1972-Fsf 6 Employes Share I In Profit Sharing! Plan Of Rose's 1 Manager Kathreen Nelson of ! the local Rose's Stores, Inc.' announced that some 2,800! employees of Rose's in nine i southern states shared, in the! 1971 company contribution to the Employees' Profit Sharing ; Trust. The contribution,; $2,053,256.65 was the largest of the twenty eight consecutive annual payments made by Rose's since the profit Sharing Plan was started in 1944. Manager Nelson handed statements of their personal ' accounts to 3 local participants, showing how each shared in the Company's 197"l profits and what each had accumulated. She pointed out that a typical participant in the Plan (a saleslady in one of the stores) who had shared in every one of the twenty eight company contributions now has a balance in her account equal to ap proximately three and one half times her 1971 earnings. Mrs. Nelson advised that Central Carolina Bank & Trust Company, Trustee of the Rose's Profit Sharing Trust," reports that the Fund now totals over $18,778,000 and holds $557,000 of U.S. Government Bonds, $3,772,000 of Corporate Bonds, $12,355,000 of Common Stocks, $460,000 of Notes & Mortgages, and $1.634.000 of other assets. If work-dodging paid div idends we would have a few hundred millionaires in town. KICKS LAUNDRY & CLEANEHS , SERVING HERTFORD AND Perquimans County TUESDAY WEDNESDAY FRIDAY SATURDAY, BILL CRUMMEY, Routenun Truck Radio Dispatched PHONE EDENTON 482-2148 66 MUSTANG 2 Dr. 65 FORD CustiOO.4 (hy 64 FORD GaL 600, '4 dr., teucks : 71 FORDFWO Tractor 70 FORD Ranchero " 68FORDF100 63 DODGE ton pickup ' 65 Ford F 100 Pickup 5
The Perquimans Weekly (Hertford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 22, 1972, edition 1
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