Local Government Commission Gains Interest Rate Cut
Enterprise Bureau Raleigh August 27 The local government act passed by the 1931 general assembly has curbed borrowing and bond issues by cities towns and counties saving interest costs. Charles M. Johnson director says note issues for only necessary expenditures or funded bonded debt have been approved and borrowing this year is less than one tenth of last year. The state now supervises borrowing and units must show purpose for every cent. Johnson notes reduced borrowing from previous $40 000 to $60 000 to only $8 000 to $10 000 in many cases and cites bank cases at Brevard and Asheville.
MENTIONED IN THIS ARTICLE
Local Government Commission
Johnson
North Carolina
Brevard
Asheville
Transylvania County
Central Bank and Trust Company of
City of
Buncombe A
Board of Education
Buncombe
Safe Pleasant Way TO LOSE FAT
An advertisement promises rapid fat loss and boosted energy through a plan involving hot water routines and dietary cuts. It touts healthier skin, reduced double chin, and increased motivation, with a product called Kruschen Salt to be sold by leading druggists and a money back guarantee.
MENTIONED IN THIS ARTICLE
America
Manneemee
Cecil
Bankers and officials convicted over county funds losses
Johnson discusses convictions of bankers and public officials for borrowing county funds and depositing them in weak banks. He cites Brevard and Transylvania losses of about 800,000 dollars and Asheville's failed Central Bank and Trust Company with around 8 million in public funds. He argues Local Government Commission would have prevented these loans and urges debt repayment over new borrowing.
Detroit rooming house linked to ten deaths police probe
Detroit authorities probe whether the tenth death at Mrs Veras rooming house was an accident or murder after a man named Steve Mak dies amid a web of insurance policies totaling roughly 20 000 and a ledger showing policies on 75 tenants Police seek toxicology results and may exhume nine prior residents including three of Mrs Veras husbands to pursue a murder case
MENTIONED IN THIS ARTICLE
Ing
George M. Stutz
Steve Mak
Veras
Insurance Polic
William
Cow leaps over car in Fremont mishap
Walter Lakony was driving along a ditch when a docile cow attempted a vault over his automobile. The cow crashed into the radiator and broke off a headlight but was scarcely hurt. Lakony remained unharmed as the bovine caused minor vehicle damage.
MENTIONED IN THIS ARTICLE
Fremont
Walter Lakony
Lakony
Deep River Church Philathea Class Plans Picnic
The Philathea class of Deep River church met with Mrs. Marvin Wood on Wednesday night with ten members present and decided to hold a picnic next Sunday at Henry Wheeler's home. Watermelon was served at the close. Several local residents were noted for visits and recoveries, and the piece ends with a note that Italy restored the death penalty for murder under a new Fascist penal code.
MENTIONED IN THIS ARTICLE
Deep River Church
Marvinood
Henry Wheeler
Rome
Italy
Also Mentioned on This Page
Montana
Chaptr No
of the
Leslie Howard
George O'Brien
Sally Eilers
Harry Carey
Eos
Loretta Young
Tan
Saeier
John Gilbert In “the Phantom OF Paris
Qe Papi
Detroit
S.S.S
S.S
Efird
Oxford
Crepe
Cannon
Nebel
Hudson
Novelty School
Éaan
Yank Jr
Ome (al
Nee Ame Hee
Children’s School
Bloomers
Blucher Oxford
Ana
Os A
Oxford Phate
Oxfords
Binay
Deep River News
Cora Thornton
Burlington
E. J. White
Florence
Ruth Wood
Salisbury
Terrence Thornton
Miss Pearl Jones
Clarence Idol
Greensboro
W. A. Gattis Foster
Faye Jones
Burrus Clinic
Mrs
Cecil Lowe
Charlie Bolden
Reuben Jordan
Wesley Gordon
Elma Phibbs
Guilford General Hospital
High Point
Gethsemane Church
Summerfield
Barbara Stanwyck
With Ricardo Cortez
Joan Blondell
Mack Sennett
Tom Tyler
Broadway
Eugene
Efird’s Dept. Store
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!