Security National Bank reports record 1955 year and promotions
At Greensboro the Security National Bank announced a record 1955 with deposits totaling 113 million and earnings of 802 thousand after taxes. Directors re elected all incumbents plus one new member John Van Lindley. Several promotions were made including W L Snelson Jr and M C Brown to vice presidents. The bank expanded to 13 offices in six cities with a 1.50 annual dividend.
MENTIONED IN THIS ARTICLE
Security National Bank
Greensboro
Earl N. Phillips
High Point
Dr. Allred
W. L. Snelson Jr
Wallace L. Reed
Time Payment Department
M. C. Brown
Wilmington
J. T. Lindley
Cameron Village
Raleigh
John van Lindley
Security National
Board of Directors
Sadeneagh RY
Guilford College
Reward Offered To Thieves In Georgetown Ky
George Gaines a Georgetown garage owner offered to let thieves keep 200 dollars taken from his safe and to receive a 150 dollar reward if valuable papers were returned He said the safe contained records and other papers and that he would not prosecute the thieves.
MENTIONED IN THIS ARTICLE
Georgetown
George "Gaines
Culler Plans Five Points Department Store Opening
Dick Culler announces a new Dick Culler's department store at Five Points. He has acquired the Adams Shop on Montlieu Avenue and will use about 12 000 square feet on the main and basement floors. The first floor will carry clothing for all ages while the basement becomes a housewares department. Wag ner joins as merchandising manager.
MENTIONED IN THIS ARTICLE
Five Points
Dick Culler
Culler
Adams Shop
Montlieu Ave
Dick Culler’s
Culler’s
Church St
Harry Wagner
Montlieu
Local Man Ayers Elected to National Manufacturers Board
Nathan M. Ayers of Triangle Hosiery Co. High Point named to the National Association of Manufacturers board. He holds multiple regional and corporate posts including Highland Cotton Mills Wachovia Bank Adams-Millis and Southern Hosiery. Ayers has served as Triangle Hosiery treasurer and president and is active in civic groups in High Point.
MENTIONED IN THIS ARTICLE
Nathan M. Ayers
Triangle Hosiery Co
High Point
National Association of Manufacturers
N. W. Kelley
Southern Varnish Corp
Roanoke
Highland Cotton Mills
Highland Container Co
Wachovia Bank and Trust Co
Adams
Drink Box Burglary Report At Local Plant
Sheriff's deputies said entry was gained through freight doors at High Manufacturing Co English St Ext and about $1 was taken from a soft drink dispenser. City police noted an attempted entry at Knaeee Store Willowbrook St.
MENTIONED IN THIS ARTICLE
Sheriff's Deputies
High Manufacturing Co
English St. Ext
Knaeee
Willowbrook
City Court Grants 8 Divorces
City Municipal Court in a civil term disposed of eight divorces and nine small claims today. Judge Archie Myatt presided as eight divorces were granted on separation grounds and several judgments were issued for amounts up to 644.17 to various plaintiffs while two cases were non suited. An action resulted in a 14 year old marriage being granted on grounds of age.
MENTIONED IN THIS ARTICLE
Archie Myatt
Mill & Eemecees Ore Co
Randolph Construction Co
Foremost Furniture Co
Brooklyn Spring Co
Bertha Dawson
Imperial Life Insurance Co
Plantiff
Cat Rate Furniture Co
International Bedding Co
Pauline Byrd
Jacob Harris
Jake Harris Furniture House
C. R. Teer
American Cat Machine Co
Browser, Inc
Hugh Childress, Inc
R. D
Margie Angel
James el
Jame E. Dockery
Robert Kery
Shirley Blackburn
Donald Ray Blackburn
Fred Bealer
Ethel Bealer
Lillian N. Barney
Floyd F. Barney
Austin T. Free
Anese Remman
Gene Err
Martin Whitfield
Davidson School Bonds Sold At 1.945 Interest
Davidson County voters approved a $375000 school construction bond issue. The Local Government Commission in Raleigh reported the notes sold to R. S. Dickson and Co. of Charlotte. Maturity is one year with 1.945 percent interest, praised as a strong rate by observers.
MENTIONED IN THIS ARTICLE
Thomasville
Davidson County
Raleigh
Davidson
R. S. Dickson and Co
Charlotte
Three Named Directors Join High Point Savings Board
High Point Savings and Trust Co. elected Alan W. Detweiler Sloan D. Gibson Jr. and Dr. George T. Wood to its board at the annual stockholders meeting. The bank’s nine member board includes new directors as it opens a new branch on Main Street and notes gains in income resources and accounts for 1955.
MENTIONED IN THIS ARTICLE
High Point Savings and Trust Co
Alan W. Detweiler
Sloan D. Gibson Jr
George T. Wood
H. N. Williard
High Point
Williard
North Carolina
Robert R. Ragan
S. Main St
Detweiler
Continental Furniture Co
Gibson
Gibson Ice
Dr. Wood
Aantie A
Ray
Rising Costs Figures Cited By Speaker
Reese Felts told the Piedmont Toastmasters Club that labor costs are two and a half times 1939 levels while manufactured product costs hold steady thanks to better methods and faster machinery. Distribution shows higher labor costs, cutting into profits as sales rise. Felts urged tying labor costs to the servicing cost per transaction to achieve true equality. Other speakers included J. O. Lane on Toastmastering and Branson Wall. toastmaster Rudge Calhoun. topic leaders George Starling and Charles Jarrell. evaluator Porter Hauser. grammarian Walter Huber. timekeeper Gene Sedberry. Prospective contestants for the area contest were Paul Turberville, Napier Dills, E. O. Lane, Porter Hauser, Paul Shelton, Dick Wright, and Claude Sealey.
MENTIONED IN THIS ARTICLE
Reese Felts
Piedmont Toastmasters Club
Felts
J’. O. Lane
Branson Wall
Rudge Calhoun
George Starling
Charles Jarrell
Porter Hauser
Walter Huber
Gene Sedberry
Paul Turberville
Napier Dills
E. O. Lane
Paul Shelton
Dick Wright
Claude Sealey
Canary Islands Named From Large Dogs and Canary Bird
The Canary Islands derive their name from large dogs noted by the National Geographic Society and the canary bird is linked to this archipelago in historical naming.
MENTIONED IN THIS ARTICLE
Canary Islands
National Geographic Society
Canary Bird
City approves six demolition permits for condemned houses
City issued six demolition permits to Frank Hughes and D. R. Boone for houses on Mendenhall and Centennial Ave part of the Ed Steele estate. Buildings were condemned nearly three years ago under old housing laws. inspector A. R. Strange says owners are slowly complying and may recondemn additional homes. Appeals are scheduled within 30 days. final recourse is civil court.
MENTIONED IN THIS ARTICLE
A. R. Strange
Frank Hughes
D. R. Boone
Mendenhall
Centennial Ave
Ed Steele
Strange
W. W. Horton
Horton
City Building Code Board of Appeals
Tax Listing Eases Midweek Tax Day Confusion
Tax office Supervisor H A Wood notes midweek visits are fastest as lines drop on Tuesday to Thursday. As of yesterday 5 872 taxpayers listed this year with 17 000 remaining before Feb 1 penalty. New listing procedure speeds processing with abstracts picked in lobby before joining shortest line. Social security numbers requested for identification and 1955 tax must be paid before month end to avoid penalties.
MENTIONED IN THIS ARTICLE
H. A. Wood
Wood
Also Mentioned on This Page
Security
Nathan Ayers
AB Club
Sammy Lambeth
Furniture City
American Business Club
James Lovelace
American Business Clubs
Tony Libertore
Roy Bradner
Bank
ING
High Point Radio
Station
Wmfefr
American Broadcasting Company
Robert S. Conlan Associates, Inc
Kansas City
Missouri
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