Banks Placed On Firm Basis
In Montgomery Alabama on May 14 national banking officials proclaimed U S banks are solid and support free enterprise The session of the Alabama Bankers Association heard Undersecretary Edward H Foley Jr and H E Cook FDIC director discuss soundness of the banking system and measures to limit Fed control of state banks and promote monetary stability The speakers cited rising consumer demand rising liquid assets and a strong economy while urging restraint to avoid credit overreach.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
U.S
the Treasury
Edward H. Foley Jr
H. E. Cook
Federal Deposit Insurance Corp
Alabama Bankers Association
Federal Reserve Board
Congress
Federal Reserve System
Senate
National Monetary Commission
U. S. Treasury
Foley
Treasury
America
Cook
End of 1947 See 3 Million Annuity Contracts In Force
At year end 1947 more than three million annuity contracts were active with United States life insurance companies, reflecting a sizable market for retirement and savings products. The figure highlights robust demand for fixed income plans as postwar finance shifts continued.
MENTIONED IN THIS ARTICLE
United States
Moulton Teens Charged in School Break-In
Three youths were arrested after a break in at Moulton elementary school Wednesday night. Collis Montgomery 19 posted 750,000 bond. Bobby Escue 17 and Charles Escue 14 were charged with burglary. Stolen candy money totaling about 65 dollars was recovered except for a few dollars. The older boys face county court action. the younger was released to his mother and a county attendance officer.
MENTIONED IN THIS ARTICLE
Liberty
Moulton
Felton Dutton
R. A. Troupe
Collis Montgomery
Bobby Escue
Charles Escue
Emmett. Bailey
Dutton
Troupe
Estimated 1000 aspirin selling machines in U S
An estimate reports about 1,000 machines in the United States dispense aspirin to consumers. The figure highlights the reach of consumer drug dispensers and the distribution across the country.
MENTIONED IN THIS ARTICLE
U. S
Littrell Wilkerson Wedding Friday at Moulton Church
Miss Allene Wilkerson and Mr. W G Littrell were married in a ceremony at Moulton Baptist Church with Rev Roswell E Owens officiating. A reception followed at the home of Mr and Mrs James P Miller on Decatur highway. The couple departed for a wedding trip to New Orleans.
Pleads Guilty in Town Court Case Involving Bad Checks
James N. Cochran of Cullman pleaded guilty to obtaining merchandise and cash under false pretenses. He was fined $25 and costs after using a fictitious name to pay for trousers and change at a local store. William E. Crews of Phil Campbell, 21, allegedly helped by writing a $12 check under a fake name and remained jailed in default of bond.
MENTIONED IN THIS ARTICLE
James N. Cochran
Cullman
Cochran
James Miller
William E. Crews
Phil Campbell
Farm to Market road projects move to state maintenance
Judge Isaac Johnson announced that the Morgan County line to Wren Farm to Market road will be state maintained under a Thursday contract between state highway officials and Lawrence County. The state will finish and upkeep the road, with options for contracting or using state materials and equipment.
MENTIONED IN THIS ARTICLE
Morgan County
Wren
Lawrence County
Isaac Johnson
Courtland
Wheeler Dam
Johnson
Hillsboro
Morris Chapel
Moulton-Decatur
Moulton Study Club Installs New Officers in Decatur Home
The Moulton Study Club met in Decatur Highway home of Mrs Henry Lang with co hostesses Mrs Kelley Littrell and Mrs Weatherwax presiding in place of absent president Mrs E E Alexander. New president Holt Hardin received the club gavel and Federated Women's Club pen as officers and committees for the year were installed amid candlelight. A maternity clinic event was outlined by Lavonia Ross and social hour followed.
MENTIONED IN THIS ARTICLE
Moulton Study Club
Henry Lang
Decatur Highway
Kelley Littrell
Lang
Clark Weatherwax
E. E. Alexander
Ed Farley
J.P. Dyar
H. A. Alexander
J -W. Gentry
Lavonia Ross
Estareittee
Jed
Elks Delegation Heads to Alabama Convention in Birmingham
Decatur lodge 655 will be represented by Joe D. Curry heading 11 delegates and two alternates at the Alabama Elks Association convention in Birmingham. The three day gathering opens with registration, rituals, tournaments, a banquet, and a purple ball hosted by lodge 79. About 25 Decatur Elks expected to participate. business session to close Tuesday.
MENTIONED IN THIS ARTICLE
Joe D. Curry
Decatur
Alabama Elks’ Association
Birmingham
Elks
Curry
G. Stanley
S. N. Propst
D. P. White
Grad Smith
James Yarbrough
L. M. Livingston
Fred Robinson
John Smith
Carter Dobbs
James Cox
John A. Thompson
Hardy Davis
Decatur Elks
Confederate Women Society Meeting Attended by Members
A note lists attendees at a Confederate Women gathering including Mrs. A. S. Byars, Mrs. R. G. Clarke, Mrs. R. L. Almon, Miss Lucy Downing, Mrs. A. Farley, Mrs. W. H. Glenn, Mrs. S. Lanc ers, Mrs. J. L. Weatherwax, Mrs. Willie Shelton, Miss Nadine Shelton, Mrs. G. M. Bynum, Mrs. Roy Parke, Mrs. Sue Irvin, Mrs. Sadie Simms, and Mrs. Carter.
MENTIONED IN THIS ARTICLE
United Daughters of the Confederacy
Masterson
Mill Pond
Tom Griffin
Mr. Griffin
Ella Masterson
Captain Masterson
Willie Shelton
Lucy Downing
Nadine Shelton
Alabama Division
R. L. Almon
R. G. Clarke
A. Farley
W. H. Glenn
S. R. Lancers
J. L. Weatherwax
G. M. Bynum
Roy Parke
Sue Irvin
Sadie Simms
Carter
Proctor Elected President of Moulton Lions Club
Local attorney Earl Proctor was elected president of the Moulton Lions Club at Tuesday night’s meeting. Also chosen were C. G. Horton and R. C. Jackson as first and second vice presidents, B. G. Hogue as third vice president, Franklin Roberson as secretary-treasurer, Henry Lang re-elected tail twister, and Arnold Gordon as Lion tamer.
Miss Julia Ann Sandlin Visits Van derbilt Relative
Miss Julia Ann Sandlin of Van derbilt visits the home of her uncle and aunt. Navy Chief Musician and Mrs. Joe Bridges and children of Washington, D. C. were weekend guests of Mrs. Paul Bragg. Mrs. Hayden Coffey and infant daughter moved from Irwin and Dyar hospital to their home in Wren. Five boys and seven girls were born at Irwin and Dyar Infirmary during May 5 through 11. Births occurred each day except May 8, Mother’s Day.
MENTIONED IN THIS ARTICLE
Julia Ann Sandlin
Vanderbilt
Robert Loan
New Source of Power Claimed by L C Spooner
L C Spooner of Decatur Illinois now living in Decatur Alabama claims a new power source for boats and vehicles using the free forces of nature. He showed sketches of machinery he is building and plans to test soon on row boats at White Springs. He asserts the device could propel highway vehicles and even enable flight with further development and will seek Governor Folsom’s support.
MENTIONED IN THIS ARTICLE
L. C. Spooner
Decatur
Ill
Ala
Daily Saturday
White Springs
Spooner
Folsom
Fragmentary Legal Notice on Machinery Operation
A damaged OCR fragment discusses the assurance that machines would not operate at a location and references respecting state laws. It mentions rating laws and enforcement without clear names, dates, or places.
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Wallhide Cross Wa
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Valley Coal
Scott
R. J. Scott
Texas
North Dakota
Bucharest
Romania
Moulton News
S. P. McClendon
Wallace Sneed
J. C.weatherwax
Littrell
Loyd's
Imorin
Morin
Orr Bayard
New Bessoe
Mra
Aa Clarksturg
W.va
Reaton
Patrom
Arthritc
Wwevew
Safe—Hospital
Imdrin
Walgreen Agency
Qed Ave
Johnston St
Hone
Ana
Tistac
UDC
Automobile
Cain
Bank St
Woody
Stone Lumber CO
Ave.e . Market ST. A
Decaturs New
Sani
6Th Aves
2Nd St
5Th Ave. W
City OF
Leader Electric
General Electric
Aker
Nniversar