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Newspaper Page Text
ASSOCIATED AND CENTRAL PRESS SERVICE First Report Is Made By First National Bank Receive Assets When Bank Closed In Excess Os $1,071,170 lien Includes Bills Receivable and $28,940 In Cask On Hand •' At The Time j * LIABILITIES TOTAL PLACED AT $848,583 Deposits Secured .tiy Pledge of Assets of Bank in Sum of $65,046 Amount to $90,. 451; Rediscounts Are $148,743. When the First National Bank of Henderson closed Its doors for a re ceivership on last December 31, it had (Cross assets of $1,071,170.92, and its liabilities, exclusive of capital stock, amounted to $348,583.46. according to a statement made public today by R. G. Harrison, the receiver. It wan the firsj official report on the bank's af fairs that had been made since the bank closed. The assets included bills receivable amounting to $718,251.62; cash on hand of ■ S2B 940.28. and assets other than bills receivable and cash on hand amounting to $325,979.02. The liabilities inchided unsecured deposits of $609,388.32; deposits secur ed by pledge of assets of the-bank aggregating $65,046.05 as collateral. of $90,451.84; rediscounts secured fcr pledge of assets of the bank aggregate ing $232,343.30. as collateral, of $1»8. 713.30. There were no bills payable other than the rediscounts. Assets other than bills receivable and cash on hand, amounting to $325,979.02 included principally the building and other real estate owned. A statement of the bank's affairs in the minutest detail has been pre pared under Mr. Harrison's uirection. and was forwarded by express last Saturday to the comptroller of the currency in Washington, who should have received the statement today, since Monday was a legal holiday in government departments. It will re quire several days for this report to he digested in the comptroller’s of fice. It has been understood that definite steps looking toward the reopening of the bank were held In abeyance (ending the completion of the first report on the» bank’s business. Now that this has been finished and for warded to Washington, the way it opened for stockholders and others in terested to make a definite proposal in the matter. The comptroller is ex pected to be in position shortly t< advise the stockholders just what wil’ be necessary for them to do to restore the bank to the community. Nothing definite of that nature was available today, but Is expected to be possibly by the end of the week or early next week. RED MEN OBSERVE WASHINGTON EVENT Rev. R A Written Bpeaks Is Coun cil Here on Life and Service of First President Members of Mohawk Tribe of Re t Men in this city had a program on George Washington at thtir regular weekly meeting last Friday evening In observance of the bicentennial year. The feature of the exercises was an address on Washington by Rev. R. A Whitten, pastor of the Christian church in this city, who is great sachem of the Red Men in North Carolina. The meeting was reported to have been well attended, with an appropriate and much enjoyed pro gram. Rheumatic Thrilled When Torturing Paine Are Stopped! Hospital, and Physicians Aaaazec ■I Speed of This Proscription HA doetar Mt witt such success la re lieving rheumatism neuritis and lumbage hie office was alwayt crowded Be was in duced to make hi* prescription available thru drug stores. Now thousands are amazed at the powers of Ru- No-Ma. Ho opiates or narcotics absolutely harmless. If first ; stop moat intense pain, druggist will refund money, stop that Beedfeas agony, enjoy Ufa again Start ao Ru-Mo-Ma today Parker * Drug Store The Rexall sure ij Extra Special for One Week Only I We will give your ear a complete inspection free of charge. I I Clifton Steed, our experienced mechanic, will be in charge I I of all repair work, “lie knows how." I Car wash 75c. Ask about our rain insurance I 10 per cent off on all repair work. When in need of a good mechanic call 628 C. F. Fuller Service Station and Repair Shop Corner Andrews Avenue and Garnett Street LEGION OFFICERS MEET NEXT MONDAY Jot* S, Kvsnii And Possibly Other Henderson Legionnaire* To Go To Winston-Salem Joe S. Z.dim, commander and pos sibly other officers of Henderson Post, No. 60, of the American Legion, are to go to Winston-Salem next Mon day to attend a conference of poet officers from all parts of the State. A conference of post service officers and also a child welfare conference will be held at 8 o’clock Sunday even ing in the Robert E. Lee .hotel, while a joint session of the Legion and Auxiliary will be held at the Carolina theatre at 10:30 a. m. Monday. A num ber of group conferences will be held in that afternoon Monday. The Le gion dinner for distinguished guests and post officers will be held in the Robert E. Lee hotel at 6 o'clock in the evening, while at 8 p. m. the same day an address will be given in the auditorium of the Reynolds high school by Henry L Stevens. Jr., of this Slate, national commander. PRAYER MEETING IS WELL ATTENDED L*v Services Are Held At Christian Church Mon day Afternoon A congregall jn about the size of that which gathered for the first of the services a week before, was pre sent at the Christian church Monday afternoon at 5:30 o'clock for the sec ond of the weekly prayer meeting? being held under the auspices of lay men of the city. Fred M. Harvard lay member of the Christian church, was in charge of the program foi the afternoon. In keeping with the general rule governing the prayer meetings, there were no talks. The meeting consisted entirely of the singing of hymns, reading of Scripture and prayers. A large number of ministers and lay men participated in the program. The meetings are joint services par ticipated in by all denominations, and are rotated alphabetically from week to week in'the various churches par ticipating. On next Monday afternoon at 5:30 o'clock, the meeting will be held in the Parish House of Holy Innocents Episcopal church, and every one is invited to attend. PARTIALHQIIDAY OBSERVED IN CITY , \ Post Office, B* k and Freight Offices Close for Entire Day Washington, birthday was observed as a full holiday by some business in terests in Henderson. The banks and the freight offices were closed for the entire day. while at the post office there was a complete holiday, but with the stamp and general delivery windows open for the usual hour from 10 to 11 a. m. There was no holiday in the schools, but practically all of them had some kind of a program in commemoration of the bicentennial of Washington birth. THREE CASES TRIED IN RECORDER S COURT Three cases were tried in recorder’s court here this morning, two of them being for abandonment and the other for assault on a woman. Tal Marks was tried for an assault and given eighteen months on the roads. He noted an appeal and his bond was fixed at SSOO. William Glover faced a charge of abandonment but was found not guilty and the prosecuting witness taxed with court costs. Robert Hudgins had judgment sus pended on payment of court costs when he faced a charge of abandon ment. itenheraonßaiUj Btajrafrlj ROUHEETING HELD BY COUNCIL < i i 1 “ No Biysinest of Generkl In terest Transacted At Night Session WATER REPORT GIVEN RequesU To Install Gasoline Tanks Granted; Other Matters Discussed And Action Deferred Until Next Meeting Purely routine business occupied the attention of the City Council last night at it sregular monthly meeting for February, and the session was brief and uneventful. All members, including the mayor and city clerk, were present, except Alderman J. R. "Egg | f I IBMtg 111. EE \ ‘TV V ■gOKgl Now I use LUCKIES only ' “I have had to smoke various ‘brands of cigarettes POOR unit rich girl *“ P ictureß > but it; was not*until I smoked LUCKIES Su. Coror, wealth wa, a hie- 1 di * covered Ae onl Y cigarettes that did not dranen rathnrthon a help. HoHy- irritate my throat* Now I use LUCKIES only* The added convenience of your improved Cellophane lorguy M ...the mode u pictures wrapper that opens«o easily is grand.” _ her very first year.., her latest > Is UNIVERSAL’S "GRAFT." She yJU</ ) has reached for a LUCKY for **_ ’ „ 1 tvo years. Not a farthing was ■ 4 m f paid for those kind words. That’* I ■ W j Vhlte of you, Sue Carol I * . Your Throat Pro fetkm-ogqlmt farHotfon-agginit cough Am* Mafoterfi-Fraaf Ceffepkeee Keeps’(kef ~Ta*stag" Ffmr Suer Fresh " O. K. AMERICA ■ Teague, It ho was out of the city. The balance sheet and filter report of the waterworks department were preeented by J. H. Bridget*, the su perintendent, end orderedf/7|ed. Permission to install gasolirtfe,tanks of ten barrels capacity was gtfented 1 George E. Perry for his place of busi ness on North Chestnut street and to W. K. Phillips at the Bon Ton Service 1 Station on South Garnett street, the work to be done in each instance un der supervision of the supervisor of streets. The Council request from B. H. Mixon- fbrTiOreinnd of $5 on a $lO >icensq..for V jteperfct' contracting which he bought February ,16. He had asked the refund on the ground that more than half the year was gone. J. P. Zolliooffer appeared In be half of J. H .Brodie's claim for re bate for eight years on the sllO an nual rental on the sprinkler system In his building occupied by the Motor Sales Company. Mr. Brodle presented i letters from a number of other cities , as to their policies in like cases, of , faring these in support of his con tention. The Council deferred action in the matter. Action was also deferred on the re quest of E. W. Adcock that he be charged onty half the usual S3O fee charged for cutting into street pave ment for waterworks or sewer altera tions or improvements. Hs had cut in to the pavement in front of his home <xn South' Garnett street to renew & ’pipe line, and thought that, since the pavement was old pavement, the fee could be shaved down. CHESTER O. BELL IS U AUDITOR CANDIDATE State’s Prison Official Candidate For Office Hold-Many Years By Baxter Durham , Chester O. Bell, auditor of State’s Prison, Raleigh, today definitely en tered the race for the Democratic nomination for State auditor, subjeat to the State primary of June 4, In a statement for publication, Mr. Beil said: " “For Borne time I have seriously TUESDAY, FEBRUARY 23 I^7 considered becoming a candidate for the office of State Auditor. I am keen ly aware of the honor of the office and deeply appreciate the confidence expressed by so many friends in my ability to successfully administer the very Important duties encumbered up on the State Auditor. So many in quiries are coming to me I feel I should make some definite public statement at this time. "Having received assurance* of en thusiastic support from friends thro ughout the State I now take this op portunity to announce publicly my candidacy for State Auditor, subject to the Democratic primary to be held June 4th, 1932.” Deed Recorded. In a deed recorded in the office of the register of deeds here yesterday Percy Hagwood sold to Maggie Clay ton Hagwod, land on Garnett street for $lO and other considerations. This was the only deed for the day. The leaves of a plant constitute the chief food factory of the organism. Bobbitt New* Hy Marion wootu ■» * Mins Elizabeth SteW** 4 ** Ruth Hudson of the sieb^ a n r n<l r Robert ° f^ Irene. Hazfi guests of Mm. H. V ( ™u * ere U* Mrs. P. j. smlih Ronald and Juanita wr r « chlWr *n, Mrs J R. Miss Margie Perkmson wa* the guest of Hazel u- K ' Urt 3 Thursday night. ’ v °odlief i Mrs. Josie Woodli^' Duke. Mrs. Ernest Moss ll U *>* Woodlief visited Mrs. D„ r * * of near Oxford, Wednesday '"*** Mra. Josie Woodlief Woodlief were visitors t„ ?, D ***7 Monday. The Epworth Lcatuo Chapel held its regular meetly day afternoon at the church Miss Natalie Smith President of e. B ue ~v, a very in.emtmj Ho» to Be*™ a ChartSJ^