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Henderson daily dispatch. (Henderson, N.C.) 1914-1995, April 11, 1932, Image 6

Image and text provided by University of North Carolina at Chapel Hill Library, Chapel Hill, NC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn91068401/1932-04-11/ed-1/seq-6/

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Fifth Os First National Bank Depositors Have Signed
All Stockholders And
All Depositors Agreed
So Far For Re-Opening
AH Have Voluntarily Come
Into Bank Without Com.
mittee Solicitation
Being Made
Committee Confident Plan
Will Be Consummated In
Readiness for Bank's Re-
Opening By May 15, Date
Fixed in Appeal; Letters
To Go Out
With approximately one-fifth <*f the
depositors in the First National
Hank signed up to ;rgree to leave the
mona.v on deposit so that the bank can
be re-opened, the committee in charge
of the reorganization plrai was very
oolimistic today over the prospecta of
the full consummation of their prre
gnirn It is planned to have all stock
holders and the necessary depositors
signed to open the bank for business
again on or before May 15.
At the same time. It was sold today
that approximately 60 percent of the
necessary new capital for re-opening
the bank had ben pledged. All stock
holders and depositors who have sign
ed have done so without any pres
sure and without any personal solicit
ation. having come into the bank to
give their signed cooperation to the
At the time it closed last December
31. the First National Bank had ap
proximately 5.200 accounts. The plan
for the re-opening calls for the pay
ment In full immediately of all da
po-sits of S2O or less, and those ac
counts will not be asked to sign. That
leaves about 1.000 depositors who will
be asked to sign the agreement to
leave their money on deposit. How
ever. it is proposed to make a pay
ment of ten percent on all deposits,
large and small, on the opening, to
those who demand it. The remainder
would be left with the bank for one
two and three years before being final
ly liquidated.
letters will be sent to all depositors
who have not signed after a reason
able period ha» t>ecn allowed for them
to come in to sign voluntarily. These '
letters have been delayed, so to
avoid the cost necessary to mail them,
and none will be mailed to those who
come in and sign without It.
So far. It is stated, there has not
been a single refusal on the part of
any stockholder or depositor to sign
the agreement, and the cooperation
has l>edn all that could be asked or
ff'fofd —J
Road Service
Your Service
Battery or tire trouble out on the
road is apt to give the motorist
an "all gone" feeling.
But just phone us and we will
come to your rescue promptly and
Service, regular or emergency, is
our specialty.
WHEN IT’C Alt) Let us ins P eet y° ur
battery without cost.
I9RMI Henderson
Vulcanizing Co.
expected. It was said at the bank to
day. A steady stream of stockholders
or depositors has been in the bank to
give their cooperation since the new
plan was announced Those who have
not done so are asked to act imme-
I dlately, so that final arrangements for
the bank’s re opening can be made its
quickly as possible. If all stockholders
and depositors sign before that time.
It Is thought the bank will be able to
re-open even before the date fixed.
Salvation Army Pleased
With Response; Will Try
It Again
Basket day f<H' Ihe Salvation Army
ns observed by placing baskets in
many of the grocery stores over the
week-end netted foodstuffs valued at
$7 95. Captain Stratford, in command
of the local corps, announced today.
He said he received enough food to
supply eight families for a week, and
was grateful to the public for this
Nineteen baskets were placed in as
many stores, and 15 of them contained
groceries or meats of one one kind
or another when the collections were
mad. He said he would have the bas
kets out for week-ends in the future,
and urged the public to cooperate with
him in an effort to furnish food for
people who are actuully in great need.
In a list of stores cooperating. Cap
tain Stratford said he inadvertently
overlooked the name of Turner’s Mar
ket. which cooperated, and furnished
a supply for the collection.
Two White, Three
Colored Couples
Licensed to Wed
Two white and three colored cou
ples obtained marriage licenses over
the week-end at the office of the re
gister of deeds. They were as follows:
Leßoy Williams and Margaret Lou
Harris, white; William Robertson and
'Lottie Jones, white; Lee Green and
Hixie Henderson, colored: Clarence
Branch and Ruby Miles, colored:
Meryl Champion and Lillie Ruth Moss,
colored. All are Vance county people.
JfettJtergmtSatUj BisgrafrJ;
Registration, However,
Given As Being Around
275 as the Total
Two Traci* Donated for Season by
S. K Td»fr, Jr,, on Oxford and
Dabney Roads, and Will
Be Plowed Soon
A total of 53 placements have been
made so far in the local campaign of
the Amcilcan Legion and affiliated or
ganizations to find jobs for the unem
ployed, It was reported today by C.
S. Wcsler, secretary in charge of the
headquarters officr. Mr. Wester said
registrations now numbered approxi
mately 275 Individuals, and that there
were no duplications.
Some of the jobs furnished were
tne.i'Cly odd pieces of work, while some
lasted for- several days and others
were permanent.
A report of the solicitiun of the wo
men workers showed that they had
sold about $75 worth pf the ticket
hooks, which the owners use in pay
ing for jobs done, and the tickets
from which are redeemed at the cen
tral paying office. In addition to the
ticket books sold by the ladies, about
SSO more had been placed in the busi
ness section, it was said.
Mr. Werner said that two plots of
land, two acres on the Oxford road
and an acre on the Dabney road, had
been made available by their owner.
‘■s. F. Teiser, Sr., for free use this year
for gardens for the unemployed. These
will be plowed this week and unem
ployed workers with tools of their
own will be put on the job In cul
tivating the vegetable crops to be
planted. He expects the seed to be
obtained free as local contributions.
Those who work the gardens will be
privileged to eat the crops that are
grown. Mr. Wester said.
Three Deeds Are
Filed For Record
During Week-End
Three real estate deeds were filed
at the office of the register of deds
over the week-end
Alfred S. Wyllie and others, of New
York City, conveyed to Herman A.
Davis for SI,OOO certain timber rights
on two tracts of land aggregating 259
acres in Mlddteburg township.
J. A. Cooper and wife sold to N. M.
Greenway for $lO and other considera
tions 64 acres on the Henderson-Wil
liamsboro road.
T. P. Gholson sold to Olive H.
Hughes for $lO and other considera
tions, two lots.
Clean-Up Week Observed
In Henderson This Week
Clean-Up Week was being observed
In Henderson this week, and all
households were called upon to co
operate in the undertaking, to the
end that private premises might be
made more attractive and that fire
hazards created by the accumulation
of rubbish and trash might be re
The civics department of the Hen
derson Woman's Club was sponsoring
United States Association to
Hold Session At Vir
ginia Beach
Tobacco men here and throughout
the belts in this and other States were
interested today in announcement of
the time and place for the holding of
the annual convention of the Tobacco
Association of the United States. The
1932 meeting will be held for three
days at Virginia Beach, beginning
Thursday. June 30. A. B. Carrington,
of Danville, Va., president of the as
sociation, is to preside.
Among the important business to
come before the meeting is that of
selection of the dates for the opening
of the tobacco selling season in the
various belts.
In other years the Middle Belt, in
which the principal markets are Hen
derson. Oxford and Durham, has
started a week to two weeks after
the opening in the Eastern Carolina
belt, and the Old Belt of North Caro
lina and Virginia gets under way a
week later. Middle Belt tobacconists
are hopeful that the schedule will re
main approximately as it has been
heretofore, with possibly a week’s ear
lier start here. If possible.
Announcement of the convention
date is made as the 1932 crop is get
ting under way, and with good pros
pects for a considerable cut in acre
age nearly everywhere, due to the low
prices that prevailed the last season.
Already bugs are reported in plant
beds in this section, bat blue mold,
which is reported to be doing damage
in some sectipna..has ryjt made Its ap
pearance in this acctiory certainly not
in a serious way, according to J. W.
■Sanders, county farm agent. Many
plantbeds were either badly damaged
or practically wiped out by the cold
spell in March, necessitating sowing
of the plantbeds for the second time
in some instances. It is believed there
will he ample time to obtain a suf
ficient number of good plants, pro
vided the weather is favorable for the
growing period.
May Be Late But Favorable
Weather Will Furnish
Enough Plants
I’tantbedf* sown to tobacco sped fol
lowing the hard freeze during March
hip beginning to sprout, and indica
tions are now that they will provide
a sufficiency of plants to supply the
needs of the tobacco growers in this
territory if the weather is favorable.
While I here has been considerable rain
in th late winter and early spring, the
brisk winds of the recent weeks have
fanned a good deal of moisture out
of the soil, and additional precipita
tion would help some at this time.
It is considered certain that there
will be a reduction of acieage in this
tenitory this summer, but the exact
amount, or even a close estimate,
would be difficult to ascertain.
From Warrenton comes the report
that tobacco farmers in that section
are beginning to worry about the pos
sibility of a shortage of plants for the
1932 crop. That reports is that re
planting of beds are not getting the
results desired. The Warren Record
quotes ti. G. Wilson, one of the coun
ty's foremost farmers, as saying that
he doubted if he had enough plants
to cover one acre. W. J. Pinnell.
sheriff of Warren county, commented
that he had a big plant bed. but ad
ded he did not know whether he could
find enough plants suitable for set
ting to go over more than an acre.
It was further observed that plants
brought in from other sections are
usually picked over and never as good
as those grown in the home soli.
Captain Stratford. In command of
the local corps of the Salvation Army,
today called upon all citizens to re
member his organization and the ef
fort it ia making to relieve the needy
when they go about their clean-up ef
fort this week. It is clean-up week in
Hendreson. and Captain Stratford aug
gested that in many homes various
articles of clothing would be found
in the clean-up which would be dis
carded. He requests that every one
who has such garments donate them
to his organization, and says that
they will be called for atfywhere if- he
I is only notified when and where to
i go for them.
the effort, and the city was given Its
assistance to the end that facilities
might be made available for removing
all accumulations taken out of and
from around homes.
A schedule of visitations for s|H!cial
gprtxige (rucks was announced by
city officials. The first ward will be.
taken care of tomorrow, while the
trucks will be transferred Wednes
day to the second ward, on Thursday
Old Cat Mothers
Baby Squirrels
ilellcie il or not, K. f’. Fdwards,
of KittrHl, Route 1, offers this
51r. Howards said lie had a freak
of nature to offer any who care
*«» view it. About ten days ago, a
•lit oil his place became Uie
mother of three kittens. Two of
them were killed by Mr. Hdwards,
who took two baby squirrels about
a day old and let the old cat
adopt them. She did and the squir
rels have been living with their
adopted mother for the past ten
days, Mr. Kdwards said, and are
growing as fast as young squir
rels would under ordinary circum
All Local Unit* Will Be In
cluded in VUit of Fede
ral Offer
All of the various local units of the
1051 h Medical Regiment will have
their annual Federal inspection .the
afternoon and evening of Wednesday,
May 4, it was learned today. It was
not stated what officer would be here
for the inspection, but Included will
be the service company, the band, the
headquarters company and any other
In other years these units have
made remarkably fine showings, as
have the other military organizations
in the city, and the yare understood
to be in good condition and in a fair
Do Not Buy Any
Fertilizer At Any
Price Until You
See Us —
, V -
will lie in the (bird ward and in the
fourth ward on Friday.
The utmost cooperation of all ett
zens was asked to the end that the
effort, might be as great a success
as possible.
A proclamation was issued by Mayor
Irvine B. Watkins last week, setting
aside this week as Ciean-Up Week,
and calling upon the people to assist
In every way possible.
Stockholders and Depositor*
Reported Interested In
An effort probably will be made to
reopen the First National Bank of
Louisburg. which closed last Decem
ber 19. and those who are interested
in the undertaking ate hopeful that it
can be dime, F. J. Beasley, who was
cashier of the bank for many years
prior to its close, said when in Hen
derson Saturday afternoon.
Informatior ts that a number of
stockholders and depositors of the
bank became very much interested
within the past few days in an effort
to restore the bank to the community,
and a special inspector of the office
of the comptroller of the currency in
Washington has just made a visit to
Louisburg with a view to making re
commendations to those Interested. It
Is also stated that several representa
tive citizens of Louisburg have'made
a trip to Washington for Ihe purpose
of obtaining more definite advice as
to what would have to be done. Con
ditions are represented as favorable,
depending upon ihe efforts and the
attitude of the stockholders and de
positors of the bank. The tentative
plan in mind contemplates depositors
receiving every cent of their money.
Leading citizens of Louisburg are
said to be of the opinion that the re
storation of the bank to the com
munity’s business life would be one
of the most beneficial things that
could happen to the community.
way to make another fine showing.
The public will be invited to witness
the drills.
Carolina T<* Be Scene of
Two-State Convention
Here In June
Sessions of the joint convention in
Henderson June 29-30 of the North
Carolina and Virgivia Association..
will be held iri the Carolina theatre,
adjoining the Vance hotel on William
street, it was announced today by lit.
A. C. Yow. local veterinarian, who is
In charge of arrangements. Dr. Yow
said that the entertainment feature of
Ihe program was being arranged now.
and that further details will be uu
uouucde later.
The theatre wilt :»e tised by ar
rangement with S. W. Stevenson, man
ager of the corporation which has the
property under leasc.^
The Vance hotel will be headquar
ters for the convention, and the an
nual banquet will be held at a con
venient place to he designated later,
and will be held the night of the 29th.
Several hundred veterinary doctor.,
arc expected to come here for the
gathering. The North Carolina Asso
ciation voted at its meeting In Win
ston-Salcm last summer to come here,
and later the Virginia association,
meeting in Richmond, voted to join
with the North Carolina organization
in a joint convention. It is one of the
few times such an arrangement has
been made, but the nearness of Hen
derson to the State line has made it
convenient for the two groups to come
together for their annual meeting.
Some of the leading authorities in
veterinary surgery in the country are
to be on the program and attend, and
a special program is to be given at
the Stevenson theatre for the benefit
of the gathering.
Comparatively few applications are
now being made by farmers for Fed
eral government seed loans. The rush
at the office of J. W. Sanders, county
farm agent, in the Law building,
where the blanks have been filled out.
is over, and not many more are look
ed for. No exact tabulation has been
made as yet, but it is believed that
the 300 to 400 applications that have
gone in represent something like S6O -
000 to $75,000 in all. April 30 is the
final date on which applications may
be made to the government.
The man who Is always polite
not necessarily a gentleman. He nary
be a second-hand car dealer.

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