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ASSOCIATED AND CENTRAL FREES SERVICE
Plan To Reopen First National Bank Being Discussed Would Need More Money As Well As Cooperation From Bank’s Depositors Audit of Bank s Affairs and Statement of Condition Expected by End of the Week WILL MAKE REPORT TO COMPTROLLER Plan Expected To Develop More Rapidly After Hear ing From Federal Official In Washington; Group of Stockholders Looking for a Way Out PUm to reopen the First National Bank are under consideration by a group of stockholders, but have not yet taken definite form. It is believed, however. that considerable progress is beinv made, and that if the Idea flow being discussed is given the endoTee ment of the comptroller of the sur reney in Washington prospects for the revival of tne closed bank will brighten sharply. A meeting has been held, and tiy plan that is being talked contem plates the injection of new capital and an agreement by the depositors. It was said today that the audit of the bank's affairs, which has been In progress since it failed to open on Saturday, January 2, would probably be completed by the end of this week. A statement will then be forwarded tc the comptroller of the currency ir Washington, who is in charge of na tional banks, and soon thereafter a plan for reopening the bank is expect ed also to be placed before that of ficial. , Since it closed, the bank has beer in the direct charge of M. L. Barnett Jr., of Charlotte, a national bank ex aminer. He has been engaged In the preparation of the statement of the bank's condition, and it is this audit that is now being completed for pre sentation to the comptroller. At the time it closed, the bank hat on deposit slightly leas than 1700,000 It had a capital stock of 1200.000. ant owned its bank building on South Garnett street, which was erectet some ten or twelve years ago at e cost of approximately $185,000. Willard Parrish and Ralph Parrish white boys and brothers and Tom Williams, colored, were charged with breaking into a Seaboard Air Lint freight car. and Willard Parrish plead ed guilty. Trial of the others pro ceeded, but had not been finished shortly before noon. NEGRO MUST DIE IN CHAIR FOR SLAYING Raleigh. Jan. 12 (AP>—Tyre C Taylor, executive counsel Indicated to day that he would not interfere with the scheduled electrocution of Ernest Herring. January 15. Herring was convicted of the mur der of F F. Newton, aged postmaster at Kerr. Sampson county. His broth er, Chevis. has been electrocuted for the same crime and. asserted as he sat in the electric chair that Ernest was not guilty of the killing. Old at 40? Beware Kidney Acidity If >ou feel oM aiu| i un-down from Bii'k.iulie, L< g i .iinii. StNervousness, Circles under by* s. I Jead;ich»*a, Burning- and Bladder Weakness, caused by Kid ■ey Aridity, I want you to quit auf now* Come In and get what I think is the greatest nud* lefne I have ever found. It often *l\es big improvement In 24 hours. Just ask me for Cyetex (Siss-tex). It a only 7.»e and I guarantee it to quirkiy combat these conditions und •atisfy completely, or return emptv package and get your money back, htrkert Drug Store FORECLOSURE SALK By virtue of power contained in a deed of trust, executed by G.W. Hen- recorded in the office of the register of deeds of Vance county in book 151 a* page 258. default having been made in the payment of the debt therein secured, on request of the holder of the same, I shall sell by public auction, to the highest hidder for cash, at the court house door in Henderson, at 12 o'clock noon on Saturday the 30th day of January 1032 the following described pro perty: It la a tract of one hundred acres more or less subject to & sale of six acres heretofore made, on the north side of the road that leads from Henderson to Oxford long road, known as the Eason Kittrell place and later aa the Isham Kittrell place and later aa the Hubert M. Wright home place containing 04 acres and being (he same land conveyed by N. G. Crews and wife to H. M. Wright by deed of October 4th 1900 recorded in book 11 at pege 535 reg'ster of deeds office. Said tract of land Is bounded by the land* of the late Geo. W. Wright Franklin Wade R. R. Callls estate. W. T. Claiborne et al. Being the same land sold the said Hendricks by Jasper B. Hicks Commissioner and this deed in trust was given to se cure the balance of the purchase of •aid land. JASPER B. KICKS. Trustee. Henderson, N. C. % Dec. 38, 1881. ONE PENITENTIARY SENTENCE IMPOSED Judge Grady Sends W. G. Gay To State Prison for House Breaking OTHERS GO TO ROADS rrogreas Is Made In Disposing of Criminal Docket First Two Days; 'One Abandonment Case Is Disposed Os A sentence of thrpe years in State Prison for breaking into the home of B. E. Inscoe at South Henderson was imposed by Judge Henry A. Grady in Vance Superior Court late yesterday on W. G. Gay. The breaking occurred about a month ago. The' defendant pleaded guilty to the charge. He is alleged to have taken some SSO, and when arrested had on his person about $lB, which, however, he claimed was his wife's money. A number of road terms have been imposed by Judge Grady in the two days the present term of court has been in session. R. M. Chandler was given eight months for possession of liquor, but on payment of costs, and report of good behavior sos five' years-, judg ment was suspended. John Wilson was sent to the roads for 18 months for abandonment. Plummer Stallings and Oscar Bob bitt, in separate cases, were convicted of stealing meat from the smokehouse of J. W. Reavis, in the county, and each was sent to the roads for nine months. Blair Ayscue was given eight months on the roads for forgery. Clyde Strange was found not guilt)' of giving a worthless check. John Allen. Jack Taylor and Theo dore Norman pleaded guilty to break ing into a store at South Henderson and taking a quantity of barbecue, but hey had not been sentenced shortly befbre noon today. . GRANGE MEETINGS PLANNED IN VANCE Session To Be Held At Ay cock Tonight And .At Townsville Wednesday Possibilities of affiliating with the North Carolina Grange will be dis cussed at a meeting of farmers of Vance county which will be held at Aycock high school tonight at 7:30 o'clock. The meeting has been arrang ed by J. W. Sanders, county farm agent, and a special committee from the Vance Landlord's association, named at a meeting held before Christ mas. for the purpose of arranging sev eral such meetings in the county. Harry B. Caldwell, organizer and State lecturer of tfie Grange organiza tion In North Carolina will be the principal speaker on the program foi the meeting tonight and will discuss with the farmers the aims and pur poses of the grange organization. He will also outline to them the methods of becoming affiliated with the grange organizations. Mr. Caldwell will also appear at another meeting on Wednesday night at the Townsville school when he will again discuss the grange organization for the farmers. These two meetings were arranged by Mr. Sanders in these two sections of the county in order that the largest possible number of farmers might be reached by the speaker. This meeting at Townsville will also begin at 7:30 o'clock. High Point Choir To Be Heard Here Thursday Evening Henderson music lovers will have the pleasure of hearing the A Cape 11a Choir of High Point College in con cert at the First Methodist Protestant church, this city. Thursday, January 14th., at eight o'clock. The program Is sponsored by the local Womans’ Club. No admission charges will be made, but a silver offering will be taken, to defray the expenses incident to the coming of the choir. The High Point choir Is declared one of the best in the country. They have been In such great demand that the college authorities have had to limit them to the number of programs. Henderson is to be congratulated up on having secured them for this pro gram. The many people who will hear the choir will have the pleasure of hear ing some former residents of the city. Miss Frances Taylor, John Taylor and S. W. Taylor, Jr., who Is 11 years old and will sing a solo. Dr. S. W. Taylor was once pastor of the Methodist Protestant church of this city. Until the middle of the last century. New Tear’s Day in New York was .devoted to the universal interchange of visits. jfitetibmamSlailiJ Sfepafclj ON-TIME RECORD BY SEABOARD REPORTED ' A Nearly 90 Percent of 3,190 Passenger Trains In December Reached Destination on Schedule What la considered a highly credit able record yras made by the Seaboard Air Line railroad during the month of December, when a total of 89.2 per cent of the 3,130 passenger trains op erated by the road arrived at their destinations on lime, according t > an nouncement by H. E. Pleasant . di vision passenger agent, with head quarters in Raleigh. The railroad was beginning in De cember to put on its winter tourist trains, which added greate.- traffic to the single-track hnes the road op erates .and when considerations are given thought, the record made Is looked upon as being the more re markable. Every great nation of modern days is composed of diverse racial elements j of bygone day. Tb* Amerlctfl Tobtew Co. "There are no better cigarettes" “I have always used LUCKIES —as far as 1 am con- Bob Montgomery hos been an iron cemed there are no better cigarettes congratulations worker, deck hand, railroad also on your improved Cellophane wrapper with mechanic and a booed-ot extra m that little tab that opens your package so easily*” Hollywood ... He zoomed to the 7 top in noise-reels because the gols S * , t * were cuh-razy over his grin... And they’ll go completely zooey when Yp they see Him In his latest M-G-M, • • wmm "PRIVATE LIVES"... He's stuck to ■Jv 4 LUCKIES these last 7 years... Not ■ I I M a buffalo nickel was paid for his Jk statement...He gave it just fora Ymir Throat _ »«„!«,■ «- . a s. pleasant "Thank You." TOvr TWroaf Protection —OgCMIWf Irritation Oflqlnst cough A "4 IMstws-Piff CelltgfcMi II—»g tfcrt «T—<od» Flavor CVer Freefc TUNE IN ON LUCKY STTUfCE—6O modem mfeutesuNAAe uorM's/meat tbmee eretartra* mus Weber WtadieJl, eAeae geesie o/ tod*ybtc*mea the new* of tomorrow j ' ■ entry Teaday, Thursday omd Saturday owning peer N4MX works. Tobacco Average Monday Highest In Over A Month Every Day, Except One Sine e ChrUtma* Price Has Been Higher Than Preceding Day; Monday Average $9.13 As Market Is Block ed With Offerings Tobacco sold on the Henderson mar ket in Monday's offerings was the biggest break since the holidays and one of the largest of the season, and the price average was the highest for any day since November 30. accord ing to figures announced today. The average was $9.13 on a sale of 47,434 pounds, for which was paid the sum of $48,537.95. The market was blocked, and it is estimated that enough was left over to occupy the double set of buyers most of the morning today. s Every day but one since the mar ket reopened after the holidays has shown an increase price aver age over the previous day. On last Tuesday the average was $6.17 per hundred, and dropped back to $5.67 on Wednesday, but on Thursday it rose to $7.54 and went to $8,50 on Friday. Then the Monday average was $913. The heavy offerings are accounted for in the fact that rainy weather pre vailed most of the time last week. Farmers who had tobacco left stayed in their pack houses and stripped it TUESDAY, JANUARY 12, 1932 and prepared it for market. And to market they came on Monday, with the result that there was a blocked sale for the day. To date this season the market has sold more than 18,000,000 pounds, in cluding the figures for today, which have not been announced, but are known to have been enough to excefed that figure. Estimates vary as to the probable amount the emarket will sell for the season, ranging from three to five millions for the after-Christmas period. “Competition on cutters and good lugs was very Keen today, and there was very little change in prices on other grades," said the Tobacco Mar ket News Service in summing up Mid dle Beit Bales for the day. "Fifth quality lemon leaf averaged slightly lower in price than on Friday and fifth quality orange leaf about 11 percent lower. Sixth quality orange leaf increased about 16 percent in price while seventh quality leaf de creased about 15 percent. "Sales blocked at Oxford and Hen derson today and offerings consisted principally of medium to common leaf and lugs. A larger percentage of cut ters was offered and a few wrappers which sold up to SSO but insufficient quantity to quote averages." COMMISSIONERS IN A SHORT MEETING A brief session of the Vance Board of Commissioners was held today, and it was said later that the purpose of the meeting was to make certain I minor alterations in a resolution adopted at the regular meeting ten days ago designating the Citizens Bank and Trust Company as the de pository for county school funds fol lowing the closing of the First Na tional Bank. The phraseology of the resolution was amended to make it conform to legal reequlremcnts. it was said. Deed Recorded. In a deed recorded In the office of the register of deeds here yesterday J. C. Kittrcll .trustee, sold to High land Home Realty company, land lo cated on Highland avenue for a con sideration- of SSOO.