Dividend Increase For Bank Postponed
Local business leaders pressed Treasury to expand RFC loan for the Commercial National Bank to pay a larger dividend. Comptroller says loan size must reflect repayability. An $800000 loan will fund a 10 percent dividend. additional funds may later be considered if assets allow.
MENTIONED IN THIS ARTICLE
Reconstruction Finance Corporation
Commercial National Bank
RFC
Treasury Department
J. E. Fouts
The
Treasury
Washington
M. Fouts
Comptroller
BR. B. Terry
High Point
National Bank
Fouts
Bank Division
the Treasury
Citizens’ Committees
Comptroller’s Office
R. T. Amos
C.S. Grayson
F. J. Sizemore
D. A. Dowdy
A. H
High Point Council Rejects Ceding Theater Morals Enforcement
The High Point city council rejected delegating control of public morals to the Juvenile and Parks commission. It ruled existing state statutes and local public safety channels suffice for enforcing laws on obscene and immoral pictures. The commission would merely flag questionable motion pictures to law enforcement. Roy L. Smart, district man, observed council stance.
MENTIONED IN THIS ARTICLE
High Point
Public Safety Committee
Juvenile and Parks Commission
Roy L. Smart
Walter Grissman Elected President of Local Business Club
Walter Grissman, prominent local attorney, was elected president of the American Business Club at a semi annual officers election during a weekly dinner at the Broadway hotel. He succeeds Mike Boyce who received thanks for six months of service.
MENTIONED IN THIS ARTICLE
Walter
Grissman
American Business Club
Bprwood
R. C
Mike” Boyce
Milbourne Amos
Phillips Davis
Claude E. Beitzel, Jr
Charles Robbins, Jr
E. W. Freeze
Mr. Boyce
Sam H. Strickland
Jesse Washburn
Liston C. Pope
Nat Walkter
Ed Mendenhall
Nathan M. Ayers
The
Triangle Hosiery Mills
Dick White
Atlantic Insurance and Realty Company
Boyce
Sam H. Denny
City weighs censorship while Friddle urges police radio
The North Carolina Theaters Inc. of Charlotte argues against censorship as city officials review state laws on obscene pictures. Grover H. Jones notes criminal statutes exist and favors enforcement rather than a censorship board. Separately, Friddle asks council to approve police radio to boost efficiency, citing cost and potential time savings with three cars and central dispatch.
MENTIONED IN THIS ARTICLE
Ager
North Carolina Theaters, Inc
Charlotte
Council
Smart
Grover H. Jones
Consolidated Statues
Wachovia Bank
W. G. Friddle
Movement to Provide Girl Scout Council Here Begun
A Greensboro driven plan to establish a High Point Girl Scout Council was announced after a community meeting at the Boy Scout Hut. Leaders from Greensboro outlined camp facilities, training, and troop start up, urging local residents to volunteer and donate monthly to support supervised scouting locally.
MENTIONED IN THIS ARTICLE
East Farriss Avenue
Douglas H. Long
Greensboro
Charles G. Yates
Rock Creek
Yates
L. A. Riser
Sedgefield
Girl Scout Council
Guilford County
High Point
C. A. York
American Legion Auxiliary
Mary Leet Underwood
Gantt Apartments
P. A. Hayes
R. J. Pickens Sr. Dies in Valdosta Heart Attack
Rupert T. Pickens Sr. 62, longtime resident of this city, died suddenly of a heart attack in Valdosta Georgia Tuesday night. Funeral plans not yet set. Survived by widow and children Wyatt A. Pickens Baton Rouge Rupert T. Pickens Jr. Miss Lucille Pickens Mrs. Robert Garland and Miss Annette Pickens all of this city. Wyatt A. Pickens a son accompanied body. Born April 4 1861 in Buncombe County to Rev. C Andrew and Carolina Dillingham Pickens.
MENTIONED IN THIS ARTICLE
R. T. Pickens, Sr
Valdosta
Wyatt A. Pickens
Baton Rouge
Rupert T. Pickens, Sr
Buncombe County
Rev. C. Andrew
Carolina Dillingham Pickens
Old Yadkin College
Lexington
University of Michigan
Ann Arbor
Mich
Blanche Armfield
Pickens
South Georgia
Information on Pa. Bonus Eligibility for Veterans
Pennsylvania veterans may receive a state bonus up to 200 dollars. Eligible applicants must have Pennsylvania as their home at entry, served in Spain 1898, China Relief 1898 1902, or World War I, with at least 60 days active service. Dependents may receive the amount if the veteran died in service.
MENTIONED IN THIS ARTICLE
Pennsylvania
Harry Polly Snyder
Pennsylvania Department of the Vv. Bpw
United States
Spain
China
Philippines
Guam
Wachovia Board Reelects Officers and Reports 1933
In Winston-Salem today Wachovia Bank and Trust holds its annual directors and stockholders meeting. High Point office officers were re-elected. J E Millis joins the general board, and W H Neal is named Vice-President. The High Point board adds N M Ayers H F Hunsacker and C Kirkman. Rob ert M Hanes notes 1933 as a difficult year with banking reforms and optimism for 1934. Treasurer C Starbuck reports deposits of 51 million dollars, a bank record.
MENTIONED IN THIS ARTICLE
Robert M. Hanes
Wachovia Bank and Trust Company
Winston-Salem
High Point
W. C. Idol
S. C., Kirkman
Aassistant
R. A. McPheeters
J. E. Millis
W. H. Neal
W. P. Lawrence
Raleigh
Millis
Neal
Wachovia
Charlotte
Lawrence
N. M. Ayers
H. F. Hunsacker
8. C. Kirkman
Idol
Hanes
Congress
Mr. Hanes
United States
Washington
C. §. Starbuck
Odds Against Profit From Stock Speculation
An old market note states that the odds are 12 to 1 against the average man achieving large or lasting profits from stock market speculation.
Woman's Arm Not Fastened To Shoulder Like Man's
A historical note states that a woman’s arm is not bound to the shoulder in the same manner as a man’s, reflecting differing practices or attire norms described in the era.
High Court Reverses Bank Check Finding
The Supreme Court of North Carolina in Raleigh today reversed decisions from the High Point municipal court and the Guilford Superior court in a case involving a bank check dispute. The ruling directs reconsideration or reinstates prior findings as applicable.
MENTIONED IN THIS ARTICLE
Supreme Court of North Carolina
Ihe
Raleigh
High Point Municipal Court
Guilford
Ragan Elected to High Point Savings Board and Bank News
A H Ragan, secretary of the Ragan Knitting Co in Thomasville, was elected to the board of High Point Savings and Trust at its annual meeting. Nan W Garland named assistant cashier. Ed L Ragan reported a solid year, noting FDA insured status. Other officers re elected include Dr D A Stanton H N Williard and directors M A Tate Welborn Sechrest Spurgeon and Ragan.
MENTIONED IN THIS ARTICLE
High Point Savings and Trust Company
A. H. Ragan
Ragan Knitting Company
Thomasville
Nan W. Garland
Ed L. Ragan
Federal Deposit Insurance Corporation
Ragan
D. A. Stanton
H. N. Williard
George A. Matton
R. R. Ragan
J. W. Sechrest
W. D. Spurgeon
A. E. Tate
John S. Welborn
Defense In Bank Suit To Present Case February 19
Greensboro Jan 10 The defense in the $1 million suit of John D Biggs against former directors of Commercial National Bank will begin presenting evidence when the hearing before Special Master Kenneth Brim resumes February 10 at 10 a m in the federal building. Cross examination of some plaintiff witnesses may be deferred until re opening of the case.
MENTIONED IN THIS ARTICLE
Enterener
Greensboro
John D. Biggs
The
Commercial National Bank
Kenneth Brim
Federal
Catholic Institutions Dominate U S Higher Learning
A survey notes 1490 institutions of higher learning in the United States, with 168 listed as Roman Catholic. The count highlights the presence of Catholic colleges within the national education landscape.
MENTIONED IN THIS ARTICLE
Uni
Also Mentioned on This Page
Max Bones Ares
N. Main St
High Point Ice and Coal CO
High Point Perpetual Building & Loan Association
South Main Street
H. Ellis
Theatrigals
Luden’s
BC Ath
A. H. Jeffers
Lowe
N. BE. Russe
D. A. Brooks
L. L
Lavender
Commerce
American Optometric Association
Nat Walker
Hart’s
A. B.C
Walter Grissman
A. B.C. President
Friddle
R. J. Pickens, SR
J. Ed Millis
Winston
Innstitution
Wachovia Board
High Point Unit
Ayers
Hunsucker
C. Kirkman
Crildren
Hayworth
AH Ragan
Sinodis
State
Welborn
Riddle and
Huffman
Cincinnati, Ohio
High Point Perpetual Building & Loan Ass’n
S. Main St
J. W. Clanard
B. F. Johnson
National Market CO
North Main Street
W.box J
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