Gay Completes
Survivor School
BALBOA. Canal /on*- First
Lieutenant William C. Gay. son
of *Mr. an*l Mrs. Richard C Gay
of Walston. N. C, has completed
the U S. Air Forces Southern
Command tUSAFSOi Tropic Sur
vival School at Albrook AFB, Ca
nal /one.
Lieutenant Gay. an Air Font
phot o instrumentation officer
with the exclusive Air Comman
dos at iiurlburt Field, FI i.. was
train*-<l in esca|>*\ evasion and
jungle survival.
Tin- s*-h«Kil supports th*- USAF
SO Command mission «>f a*lminis
tering sp*-*-ial training and mill
lacy assistant-*- programs in Lat
in American countries.
A graduate of Walstonburg
High School, th*- li*-ul*-nant re
reived his A. B. degree from the
University of North Carolina. He
was commissioned in l!M>2 upon
graduation from Officer Training
School at Lackland AFB. Tex.
His wife. Frances, is th*- daugh
ter of Sam McLcster of 2213 K.
Fifth St., Charlotte, N. C.
Letters To
The Editor
SOS. .“Si-ck Out Survivors"
...of "PEARL 11 ARMOR PHI
The untiring .search of tiic
pearl ilariior Survivors As.sn.
goes on and on, across the Na
tion. We believe that we might
still l»' able to find some Id.Otsi
former members of the Uniictl
States Army. N«vy, Marines and
Coast (Juard, who are eligible to
join with its m the “Peat I llarbot
Survivors Assn. Eligibility to join
with us, is for these survivors
who served on the Island of Oahu,
then the Territory of Hawaii, or
who were on duty or on station,
within three miles offshore of
Oahu, on the fateful day in Amer
ican History, December 7th, 1941,
at 07:55 A M.
If you were a survivor of this
attack or you might know of a
survivor who was at Pearl liar-'
bor, in the Military Service, on
December 7th I'M I, write for full
information on the PI ISA at our
National Headquarters office:
“Pearl Harbor Survivors Assn.
Room No. 5 Jefferson Iluilding
101 East High Street
Jefferson City, Missouri t65101|
The PI ISA Is a non-profit, fra
ternal Veterans group, composed
strictly of the survivors of the
Peat! Harbor attack of December
7th. PH41 We have already begun
formulating our plans for revisit
ing Pearl Harbor for our “25th
Anniversary Memorial Service |
and Convention" on December
7th PNM.
At the present time we have
State Chairmen and Co-Chairmen
in 34 Stales across the country I
anti members in all 50 States. I’n
fortunatelv, we have been unable
to locate any survivors in your
State to assist us in the icspon
sibility of directing the search for
our friends and huddles who did
survive anti are still living within
your State.
We need the “Leaders" t<> or
ganize the search in your State.
If you are eligible to join with us
in the PI1SA and wish to help in
this noble search for the rest of
our comrades hi arms who surviv
ed the disaster on Dec. 7th. Pill,
then please indicate your willing
ness to accept the position of
State Chairman or of State Co
Chairman. when writing to Itead
quarters Jefferson City.
We want you with us We need
you and ail of the survivors from
your State to make the Pearl
Harbor Surviv ors Assn, complete.
We n«s-d your guidance and lead
ership to help iis. ..SOS
Very Sincerely yours,
Charles W. Rkt/ek
National Vice-President of
’Hie Pearl Harbor Sitrviv
ors Assn.
C. E. WARLICK
INSURANCE
AGENCY
Insurance
Protection
f Business
Dial 739-3611
119 W. Mountain St
4:23 tin
Stretching Your Dollar
By Philip J. Goldberg
Institute for Financial Planning. Inc.
During the l.'.th ami l*>,h cen
turies it was the practice c»f pi
Tates to rai<l m« reliant ships, con
fiscal** ihe merchandise and hold
Ihe captains f >r ransoa Since a
good skipper was worth more
than a single ship's cargo, a com
pany wo .id d;s< r-etly pay the
sum demanded to the representa
tive of the pirates on the main
land.
Shipping companies realized
that It was eo at bus ness to sc
cure fM'edom f“i the.r c.ipt tins
ami send them on ", new voy
ages They also discovered, that
by contributing each yeai tt» a
central fund, to be used specifi
eally for skippers who were held
for ransom, an individual firm
would pay less in the long run.
than if it undertook this financin'
burden alum*. This principle of
shoring the risk was the basis
upon which today's life insurance
companies developed.
In the 17th century, two chang
es took place which ultimately
led lo the development of life in
surance companies as we know
them. The first change was in
the power of the British navy. •<
became strong enough to protect
the merchant vessels against tin*
forages of most pirates- Another
change was the introduction of
coffee inot teat into the English
society, an»l the suheequent tie
\c! ipment of coff**e houses as
meeting places for politicians
ami businessmen.
London was the center of inter
national business, and “kauplty”
houses mushroomed throughout
the city. Since s » much was hap
pening in the London business
world of the t7th century and
there were very few rcliabp*
sources of news and information.
Iioliticians. economists, philoso
phers and business men used the
eoffte houses as gathering pla<es
to exchange the latest hits of
news and transact their business.
In tin* business world, men en
agged in the transaction of <cr
tain businesses met in coffee
h mscs which came to he associat
ed with their kind of business.
•Many men who made a living by
insuring shipments of merehan
disc met in Lloyd's coffee house,
located on the London water
front.
The shippers who had formed
associations which collected mon
ey for ransomed sea captains,
had found out that because the
British navy was powerful en
ough to protect their ships a
•-'.mis pirates, their associations
loulil apply the principle of
spreading the risk to other, nat
ural disasters. As they met in
Lloyd's kauphy house to discuss
the news ,>f the day. they were
joined h\ financiers who saw ma
rine and casualty ins-.irance as a
decent business investment. Thus,
w hen at association contracted to
insure a cargo. a si/eable pcnent
U’c of the risk could be assumed
*’> ' financier. He merely wrote
It"- name under the name «»n the
ship insurance t ntract and be
mie literally, an “underwriter.”
Today. this same casualty in
surance is underwritten by many
insurance companies. For exam
ple. it can insure your house a
gainst the same (tamale encoun
tered h) ships of the 17th century
hurricanes, wind, and fire. Not
only that, hut liability ‘nsurance
protects you against lawsuits re
sulting from accidents which you
could lie held responsible for.
(Gradually, the association of
shippers and underwriters who
met at Lloyds became more im
portant than the coffee house it
self. This association became the
first insurance company. It ap
nliod the principle of spreading
the risk, with underwriting. As
the first insurance company, it
was able to take the responsibili
ty of administering insurame
programs from the shipping com
panies. It was also abl>> to divers
ify into different typos of marine
insurance. It wasn't until the 19th
century ihat Lloyds began to in
sure non-marine risks.
Life insurance todav has come
a long way from the time that it
once was ransom for sea captains,
abducted by pirates. If you were
kidnapped hy a strange pirate to
morrow, what life insurance com
pany would pay your ransom?
I>id you know that if the total
life insurance in force in the
United States totlay was divided
equally among all American fam
ilies. each family would have $12.
2m worth of protection? What is
more, this figure increases each
year. This vear, it is SSOO more
titan last year.
If it were possible to divide the
more than four billion dollars re
ceived by life insurance benefici
aries among the population of
this country as of January 1.
1964, each person would have
gotten a rheck for over $22,000.
It is interesting to note that the -
living benefits paid to living poli !
cy-holders exi'ced those paid to
brnerriaries by 38 per cent, prov
ing that there is a bigger chance
that y>u'll live to collect your life
insurance benefits yourself.
liut who pays out all this mon
ey? In 1963. it was paid to the
policyholders and beneficiaries
by 1,30? life insurance companies.
Sine** there were only 473 com
panies in the country at the end
of World War II. you can see that
in a space of less than 20 years,
the number of life insurance com
panies has tripled, enabling this
vital service to reach the bur
geoning population.
The increase in the numner of
life insurance companies each •
year has helped make life insur
ance protection more generally
available to Americans. TTte small
life insurance company, by spec- !
iali/ation. can meet the partic i
lar needs of a small geographical ,
region or economic class. People
often show a preference for doing
business with small firms, be
cause of this personal service. Re
gardless of their size, however,
all insurance companies an* rigid
ly regulated, providing the poli- i
eyholder with maximum protec
tion.
How does the average ?ife in- i
surance company profit from,
and spend your premium dollars?
According to the Institute of Life
Insurance, the following is a
breakdown of what happens to
the average income-expense dol
lar of life insurance companies.
Early Apples
f reeze Well
Apples, which arc one of the
important fruit crops in North
Carolina, can he reserved for pie
and sauce next winter bv freezing
them. Homemakers can take their
choice and freeze apples in sev
eral different ways.
Miss Nita Orr, Extension spec
ialist in frozen foods at N. C.
State, says apple Juice can be
frozen. Just pour fteshly made
.-old apple juice tfrom good qua
lity apples) into any good rigid
frozen food container. Leave a lit
tle less than 1 10 of the space in
the container for the juice to ex
pand. When ready to use. thaw
the juice and pour gently from the
freezer container into a pitcher,
leaving tile sediment in the con
tainer. Stir the juice quickly anil
based on the latest available sta
tistics:
Average U. S. Life Insurance
Company Income Dollar
PREMIUMS. 78c
INVESTMENTS .22c
$1.00
Average U. S. Life Insurance
Company Expense Dollar
BENEFIT PAYMENTS .... 55.9c
RESERVE FUNDS tto guarantee
policy pavmentsi .21.5c
SURPLUS FUNDS.2.8c
COMMISSIONS TO AGENTS.7.2c
OFFICE EXPENSES.9.7c
TAXES .4.2c
Dividends to Stockholders ... 7c
$1.00
Enjoy
the CHEER
in
CHEERWINE!
pour into gtauca.
Interested in freezing the raw
apples* If so. fill containers a
bout 1/3 full of 50 per rent sugai
syrup tin which you have dis
solved the amount of citrtc-asco
bic arid mixture railed for on the
acid container). When making
the 50 per cent sugar solution,
mix 2-2/3 cups sugar with 2-2/3
cups water and mix together in a
quart jar Slice washed, peeled
apples into the syrup. Be sure all
slices are well covered.
Baked apples are always a fav
orlte and they can be frozen too.
tuff cored, raw apple* with a
mixture of cooked dried fruits
• dates, apricots, and prune*, for
example) and nuts or other Rood
mixture. Bake and chill Pack in
frozen food containers and freeze.
Serve hot or cold.
Use your favorite recipe for
quartered apples baked with but
ter and sugar. Cook them slightly
underdone. Chill. Pack in frozen
food containers, preferably one*
in which you can reheat the ap
ples. Freteze, then heat and serve.
Prepare your kvmuf apple
pie for baking bat oat dtrtc ae
corbic add mixture as for raw
apples for any other use. Use a
cornered pan for easy wrapping
and good use of freeeer spaHC/
For the best pie. freeze uncooked
and pop in the oven directly from
the freezer.
Miss Orr says you can cook and
cod your pie before you freeze it.
If you do. you need not protect
the fruit from browning by add
ing the citric-ascorbic acid. “But
the precooked pie won't be as
good," adds Miss Orr.
^%4F0^ Get the buy of the
ikm-mtit year now on a ’64 Ford
'A'CtENMIltt'A'pickup! Save on the
all-star performer in
the light-duty league!
Tough new double-sidewall box, a
tailgate that can take a ton! And underneath,
this Ford’s built like the big trucks!
You read right! Ford's new Styleside box
has a tailgate so strong it can support a ton
of weight. Yet a new center latch lots you
open and close it with one hand! You'll find
this new long-wheelbase Ford pickup easier
to load, to ride in. to drive. But from axle to
axle, it's built like the big trucks for extra
strength—and extra savings—on the job!
Drive it today at your
FORD DEALERS
9.9AP.
Southwell Motor Company
910 SHELBY ROAD. BOX 346. KINGS MOUNTAIN. N. C
Dealer License 1527
*****
*****
NOW ADDED VALUE.
i! i i i I
i
..LOWER PRICES! MONTHS TO PAY AT STERCHI’S
EVERYTHING FOR THE RRIDE'S
NEW HOME AT ONE LOW PRICE
12-PC. BEDROOM WITH TRIPLE DRESSER
• 9-Drawer Triple Dresser with Tilting Mirror
• Bookcase Bed • Specious Chest • Dresser
Lamp • 2 Shredded Foam Billows • Bed*
spread • 3 Pictures • Mattress and Box
spring
12-PC. MODERN SOFA-BED GROUP
• Sofa-Bed in Viscose Tweed
• Matching Chair with Foam Cushion
• Modern End Tables • Modern Cocktail
Table • 2 Modern Table Lamps I 3 Beauti
ful Pictures • 2 Safa Pillows • All Expertly
Constructed
39-PC. DINETTE ENSEMBLE
INCLUDES DINNERWARE
• 7-Pc. Chrome Dinette • Large Table • 4
Matching Chairs • 32-Pc. Dinnerware Set
Service for 4
NO MONEY DOWN!
-i
EVERYTHING YOU WANT AND NO MONEY DOWN!
CMXWfl*
StEBC®
SMXSWS»
jr£» BOB COWS
aw®** ®“®W SC