Newspapers / The Kings Mountain Herald … / Jan. 22, 1970, edition 1 / Page 11
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KtNGS MOUNTAtN HCPAtn i/ikjc-c .. »n C Thursday, January 22, 1970 Study Groups In Meeting RALEIGH, N. C. — Tpstimony by a repri-Sentatlve of the Caro- linas Association of Mutuai In surance Agents highlighted thi second meeting of the Governor’s Auto Insurance Study Commission here, today. Jack Rose of the Watson Insur ance Agency of Gastonia made the pre.sentation op behalf of the bistate mutual insurance agents’ a.ssociation, which represents over 1000 fire and casualty insurance personnel in the Carolinas. Rose has served as chairman of a special N. C. auto insurance | .study committee that has been j involved in an in-depth study of auto liability for three years, un-l der the auspices of the bistate) mutual lasuranee agents’ associa tion. I He offered six points to the | commission that were the result i of careful analysis by the a.s.soci. 1 ation’s board of directors, execu tive committee and members. Rose made the following sug* gestions to the commission for improvement of auto insurance in the state: 1. .A careful re-evaluation of the Safe Driver Reward Plan by the commissioner of insurance to de termine if the public would be better served if points were as sessed for “moving violation.s" convictions only; 2. Revi.sion of the basic auto package to include: liability lim its of $10,000'^20,000/5,000. Unin sured Motorists in.surance: and medical payments coverage with a further recommendation that the commission study the possi bility of including $10,000 death and dismemberment and $7.^.00 a month disability; ' 3. Consider offering fire, theft and deductible collision insur ance through the N. C. Automo bile Assigned Rick plan; 4. Study the pos.sibility of elim inating the present driver classi fication system in favor of the “260" Plan which would more equitably define the insured and distribute the primUm rate; 5. That companies restrict can cellation of automobile liability insurance to non - payment of premium or revocation of driver’s license only; 6. That the state legislature es tablish a formula for rate adjust ment that could be applied by the insurance commissioner. j In conclusion. Rose offered the members of the Governor's Study Commission the full services and cooperation of the mutual agents’ association. Bethware News Jim Wells of Charleston, S. C.,i and children Paul and Anna of Mrs. Ned Tliomas and daughter i Winston Salem were visitors of from Conover, S. C. were visitors Mi-s. W. C. Blanton Sunday after- . , u r of Mrs. L*-e Dedmon and Mrs. L.; noon. Other visitors of Mrs. Blan- i Appointment of Harry t. L. r- V. Hoyle Saturday night. i ton were Ann and Keitli Blanton,: Renter, Jr, of Conover^ as Distric ' Mr. and Mrs. Oren White Mr, KINGS MOUNTAIN HERALD. KINGS MOUNTAIN. N. C. First Union's i Earnings $152 L. E. Hiiinant, City Executive in charge of First Union National’s Kings .Mountain Office, announc ed today that First Union’s in come before security gains or los.ses was $2.42 per share for the Carpenter Named District Mariager For 70 Census Manager of the 1970 U. S. Census and Mrs. P. R McSwaln , ^j. Wiley Bl:inton of ■ “1 Population and Housing in th^s , yp.,|. 19(39 as compared with $2.19 .» . I ]9(3g q-pp figures give effect | to accounting changes prescribed by the Banking Regulatory uthor ities in 1969. In addition, the im-1 pact of the Tax Reform Act, which became law on December 30, 1969, is fully reflected, as are 1969 acquisitions. .spent Monday with Mr. and Mrs. 1 Kln^s Mountain Dennis McSwaln and other rela-1 The Golden Circle of David lives in Rock Hill, S. C. , Baptist church met Tuesday night Mr. and Mrs. John McKinney; ot the homo of .Mr.s. Luther Mc- and family visited Mr. and Mr.s.! .Swain, Jr. Lee Costner and family Sunday; Sunday visitors of Mrs. J. M. in Cherryville. Wright and Marguerite were Mr. and Mrs. Wayne Turner, Mr. and Mrs. Bill Suggs and Wanda Thursday visitors of Mrs. J. M. Wright and Marguerite were Mrs. Estelle Barber and Mrs. D. M. Teague of Charlotte. Mr. and Mrs. William Davis of area was announced today by Director Joseph R. Norwood of the C'cn.sus Bureau’s Regional Office in Charlotte, N. C. A native of Catawba County, Mr. Carpenter was educaled in the local .schools, and rcceivc-d his degree from Duke University, He has also studied at the Uni- Mr. and Mrs. David Bowen and , versity of Maryland. Mr. Carpen- son Scott of Grover visited .Mr. ter has served as an officer in and .Mrs. Loyd Turner Sunday I the Navy. For a number of years afternoon. he was as.sociated in a scientific Mrs. Mickey Bell visited Mrs.' capacity with the national space Prior to the 1969 accounting changes, banks consistently re ported results of operations as “net ofterating earnings”. Hiid the previous basis remained in Kan.sas were weekend visitors of Mr. and Mrs. Franklin Diivls., Sam "k-iranif Gail' s’unliuy after- program, primarily' vJit'h ‘ NA.SA chpnge in income William Davis finished his tour, Dou^jlas Aircraft. Most rc-istatus, the per share ‘net of .service in the Army and re-; Mr. and Mrs. Harold Herndon! cently he was president of a fur-[would haw celved his discharge in Kansas; and Mr. and Mrs. Bill Babb si)ent 1 niture manufacturing plant in' compared to $2.27.^ last week. Mr. and Mrs. Davis are the weekend in Burnsville', N. C. 1 Taylorsville, and within the past 1 making their home in the com- Mrs. David Gibbons and boys i year has entered the inveslmt-nt 1 ' ” sales field. ' j .Mrs. Jerry Hall and Kim visited Mrs. .Morris Hardin of Charlotte, i Mr. and Mrs. Earl Lewis of Falls- Mr. and Mr.s. Wade Simpson and ton Sunday afternoon, family of .Monroe, N. C. were! Mr. and Mrs. Frank Herndon visitors Sunday of Rev. and Mrs, and Mr. and Mrs. Coyt Herndon N. S. Hardin and Mr. and Mr.s. | spent Wednesday with .Mr. and Bynum Woods and family. - Mr.s. George Herndon in Rock Hill, Rev. and Mrs. Demuth Blanton S. C. GARDEN TIME By M. E. Gardner 1 pears and grapes in the Pii-dmont Dept. Ajf BortinUtural JSniefice and Coastal Plain. When plant- W. IC- 'State Universtiy \ ing, dig a hole large enough to January is usually a slow accommodate the root system month in the home gardens due without crowding. Separate top to adverse weather. However,'and subsoil and place the topsoil there are some jobs that can and around the roots. After the roots should be accomplished. are well covered, pack with your A. J J i‘ V f6ot to within about 4 inchGS oi Get your seed orders in. You (he hole. Finish filling have in mind many flowers and „ vegetables that have done well for you Or that you might have observed in the gardens of friends. Stick pretty closely to those varieties which have proven themselves but do not hesitate to Managers, and 13,000 office per- with loose soil. Set plants as deep sonnel. From the summit of Chimney a 7.T-miIo panoramic view r. .U . I . 1 » beautiful Western North' a mountains is available, ed at 20-22 Second Street, N. W„ ; _ Hickory, Mr. Carpenter will sup ervise all pha.ses of the cen.sus in , the following counties: Alexan-j der, Alleghany, .Ashe, Avery, ■ Burke, Caldwell, Catawba, Cleve land, Lirrcoln, Surry, Watauga and Wilke.s. On January 26, following sev-, eral days of intensive training in the Regional Office, Mr. Carpen- j ter will come on duty and begin I .setting up the Di.strict Office. He! will direct a force of about 460; field workers throughout thej area. | Taking the Census nationally will require the services of 172.000 field workers, 393 District as they stood in the nursery rovv. mm ri... C* A1 I LONG ELECTRIC COMPANY • Residentied, Commercial and Industrial Wiring. • Appliance Repair, Ranges. Dryers, Heaters, Air-Condi tioning, Lamps and Lights. • Any Type Eiectrical Work 217 WACO ROAD Shop Phone Home Phone 739-6257 739-3490 You can easily identify this soil U* 4 - line at the base of plant. Mulch. ” ^ Don’t overlook the dwarf type MllSt B© GiV©Il fruit plants. They are well suited' Greensboro, N. C. - The dead- try afew "new ones est^iaUy the for areas where space is a prob-1 line for employers to give em- hybrids. i lem and there are many fme var-j ployees their 1969 W-2 forms. If ieties for selection. showing earnings, income tax ht^^ie or ®7prucing.tp’’ a bit a- If y«u have apple and peach withheld and Social Security in round the establisht'd home, check trees, prune them and spray with with vour nurseryman Ho will Winter <dormant) strength lime: 2, 1970, J. E. Wall, District Dir- wirn your nurserj^an. Me wii | , . -phe same treatment will ^ftor of Internal Revenue for have suggestions about plant ma- “'"P“nr. (ne same ueauin-iu *"‘1^ . „ , I terials suitable for all locations; also be fine for your bunch. North Carolina, said today. in your landscape plan. | grapevines. W-2 s have to be filed with in- If you have a small green-' Clean and oil ail working parts|rome tax returns and those who house, you can expect improve-[of your lawn mower. If you have: "ad more than one job last year ment in growth from now on as! a power mower, that has been: ®“t)ulid make sure they attach ail tlje days are getting longer. Over-1 operated ifor 20 hours, change oil. | of them w'hen they file their re- wawrirtt 'is a common error. Repair arid pslint lawn and pic-1 wms. There ^ no rule-of-thumb. One nic furniture. Clean and sharpen!' According to the North Caro lina Department oi Motor Vehi cles, excessive speed is the pri mary cause of most motor vehicle deaths and injuries on the state’s highways. must use good judgement. Plants need more water on a br ght day than on a cloudy one. Regulation ! of the night temperature is im- ; portant during cold nights. This is especially true iif you have to mato plants. Now is a good time to plant apples, peaches, plums, cherries. garden tools. ^ North Carolina has the third largest estuarine area in the na-! tion, exceeded only by Alaska and 1 Louisiana. | Coyotes are about the size ofj a setter dog. ! asm 10:30 - 3:31 PENALTY POLL OH PART TIME oppoRTunrriEs Indiridual needed to serriee Kings Mountain foihilies. $4.50 to $5.00 per hour to start. For full detoils write Mr. B. P. Goodman, Dept B-1, P.O. Box 688, Troutman, M. C. Include home directions. ] ;23 Page 5 STATEMENT OF CONDITION KINGS MOUNTAIN SAVINGS AND LOAN ASSOCIATION OF KINGS MOUNTAIN, N. C.. As Of December 31st. 1969 (Copy' of .Sworn .Statement .Submitted To The Cnmmissioner of In.<uianee a.-; Ri'quired b> I.aw. 1 ASSETS THE ASSOCIATION OWNS: Cash on Hand and in Bank.s S .^1 .fiS.’I.IG State of North Carolina and U. S. Oovt'rnmonl Bonds s ;i0().(Wil).t)ii Stock in Federal Home Loan Bank .S .'lO.OOO.dO Mortgage Loans .S.'i.UiT.sr-iT.Sit Money loaned to shareholders for the purimM' of I'liahlinc them to own their homes. Each loan .sei ured by fir.st mortgage on local impnivod real estate. Share Loan.s ."s Gti, 12!'.Sit Advances made to our shareholders against their share.-.. Advances for Insurance, Taxes, Etc S Office Furniture and Fixtures s 7,ti7S.G2 Office Building .S l!'7,.'lti.'I.dd Real Estate Owned S Real Estate Sold Under Contract S .“s Other Assets S Ui,S7.7..'t7 TOTAL .So„S27,SC>S.2,'5 LIABILITIES THE ASSOCIATION OWES; To Shareholders Funds entrusted in our care in the form of payment on shares as follows: Installment Shares S Full-Paid Shares S G().7,7(K).00 Prepaid Shares S Optional Shares .S2..'I!)2,2.7(i.-l.) Other Shares Sl.W'G.'KiO.OO .'<4,!)0.3,a'ifi. 1.7 Notes Payable, Federal Homo Loan Bank .S Notes Payable, Other .S 2.70,0(10.00 Money borrowed for use in making loan.s to memtii'is. Eich note approved by at least two-thirds of entire Board of Directors as reqiiirr'd by law. Accounts Payable .S Loans in Process .S ,7!)..7S.7.00 ^ Undivided Profits S 01.200.SO * Federal Insurance Reserve (If Insured) .S 1!H),7.78.20 Reserve for Bad Debts S 277,82!).91 To be used for the payment of any lo.sses. if sustained. Tliis re.serve increase.” the safety and strength of the .\.s.s(Kiation. Other Liabilities -S .7,-471.72 TOTAL !i;.7,827,808.23 STATE OF NORTH CAROLINA COUNTY OF CLEVELAND Ruby H. Baker, Secretary-Treasurer of the above named As.sociation personally appeared before me this day, and being duly sworn, says that the foregoing statement is true to the best of his knowledge and belief. Sworn to and subscribed before me, this 20th day of January, 1970. Mildred M. Whetstine, Notary Public. My Commission Expires: 29 June, 1971 Ruby H. Baker Secret a rv-Trea su rer Mountaineer Pharmacy CORNER W. MOUNTAIN & WATTERSON — ACROSS FROM WEST SCHOOL STORE HOURS: 9 - 9 WEEK DAYS 2 - 6 SUNDAYS PHONE 739-4717 FREE PARKING - DRIVE-IN WINDOW - FREE Rx DELIVERY Prices Good Thiough Snnday, January 25th ON unpaid 1969 r TAXES APPLIES City Of Kings Mountain REG. $3.25 Ayds REDUCING FLAN ONLlr $2,19 REG. $1.98 1 Vivarin 1 STIMULANT TABLETS 1 ONLY $1.44 1 REG. $1.19 G©rilol LIQUID OR TABLETS ONLY 77c REG. S1.49 Agoral 16 OZ. ONLY 99c REG. 39c Soft©©s COTTON SWABS ONLY 24c REG. 69c Miiflin WINTERGREEN RUBBING ALCOHOL ONLY 44c REG. $1.59 EmctPol FOR NAUSEA AND UPSET STOMACH ONLY $1.11 REG. S1.19 Listerin© THROAT LOZENGES ONLY 88c REG. $2.25 Sintttabs FOR NASAL CONGESTION , AND COLDS ONLY $1.66 REG. $1.59 Contoc COLD CAPSULES ONLY $1.09 REG. $1.10 Triaminicin COLD TABLETS ONLY 66c REG. $1.25 Coricidin COLD TABLETS ONLY 88c REG. $1.59 G©lasil UQUID ANTACID ONLY $1.19 REG. $1.59 Maolox ANTAaD LIQUID ONLY $1.19 REG. $1.49 Riopan ANTACID LIQUID ONLY $1.19 1 1 REG. S1.43 Kudrox DOUBLE-STRENGTH ANTACID 1 ONLY $1.19 , REG. $1.19 Vick's Fonnula 44 COUGH SYRUP ONLY 88c REG. $1.49 Nyquil COLD MEDICATION ONLY $1.19 REG. SI.OO * Robitnssin COUGH STRUP ONLY 79c REG. $1.65 ^ Novahistinwt FOR COLDS ANI|' HAY FEVER j ONLY$l.W REG. $7.79 Myad©c VITAMINS ONLY $4.44 REG. 57.45 Allb©© With C VITAMINS ONLY $4.95 REG. S7.45 Optil©t VITAMINS ONLY $4.95 REG. S7.4Si Theragrtif VITAMIN]|^ ONLY$|p REG. S1.9B Listerin© ANTISEPTIC . QUART SIZE ONLY $1.49 REG. $1.49 Ldvoris MOUTHWASH ONLY $1.19 REG. $1.89 Scop© MOUTHWASH ONLY $1.33 REG. SUK Cep^m MOUTil^^H onuK ' REG. $1.05 Gl©©m TOOTHPASTE ONLY 77c REG. $14)5 Cr©8t TOO’THPASTE ONLY77t REG. 61c Colgot©. TOOTHPASTE ONLY 44c ui^^L j REG. 99c Styl© HAIR SPRAT REG. $1.19 Stylac HAIR SPRAT 1 REG. S1.07 Sudden Beauty 1 HAIR SPRAY 7 J ONlUCfi. 1
The Kings Mountain Herald (Kings Mountain, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 22, 1970, edition 1
11
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