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High Point Enterprise in High Point, North Carolina

14 Jul 1933

Page 7

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High Point Enterprise July 14, 1933 Page 7 old newspaper archives

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 14, 1933

Page

7

Love and fortune shadow a budding alliance in New York

Elinor Stafford, 20, falls for Barrett Colvin, an archaeologist returning to New York. Her scheming mother Lida Stafford-Ross interferes as Elinor battles for a fortune left by Aunt Ella Sexton. Barrett proposes to save Elinor and share Miss Sexton’s wealth, while Elinor wrestles with loyalty, love, and family intrigues in a tale of romance and rumor. Elinor’s aunt Bessie and uncle Jim navigate the fortune and a new Long Island home as bars rise around the Sexton inheritance.

MENTIONED IN THIS ARTICLE

Elinor Stafford Barrett Colvin New York Barrett Elinor Lida Stafford Ella Sexton Vance Carter Sexton Miss Sexton Bentwell Stafford Marcia Bessie Jim Long Island Uncle Jim Aunt Ella Ella Aunt Elle Elle Jim Thrope Jim Senior Meéo Lida Vance
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Farm Mortgages to Be Liquidated in New Plan

Charlotte July 13 Commissioner Gurney P of the state banking department outlined a drive to liquidate thousands of dollars in farm mortgages held by closed or restricted banks through Farm Credit facilities. A survey of North Carolina bank assets will precede a meeting with credit administration officials to detail the program. The plan allows debto rs to borrow up to 75 percent of farm value, enabling banks to settle mortgages while owners get reduced interest rates.

MENTIONED IN THIS ARTICLE

Charlotte Gurney P State Banking Department Farm Credit Corporation Columbia Federal Land Bank Federal Land Commissioner South Carolina Wisconsin Illinois Iowa Hood North Carolina Land Bank
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Commissioner highlights loan terms extending five year grace period

The commissioner notes that the law allows no principal payment for the first five years, effectively turning a standard 10-year loan into a 15-year term. He contrasts strict and liberal interpretations of principal.

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Also Mentioned on This Page

Philip Philip Sexton HEINZ Rly Lux Toilet Soap Lux Flakes D. P Lang Swift’s Libby’s Bartlett Libby Home Toma Golden Blend Coffee Kraft Post Mercy Army China Salvation Army Peiping Kitalty d Eenl Kre Younc National Biscuit Company Uneede Bakore South Main Street Parke Davis Bayer Eckerd Miles Nervine Mead’s “Pebbies Eckerd’s KOTEX Pia Gillette Blades Nadinola Quality Kodak Developing N. C Ballard South Ballard & Ballard Co., Inc Louisville Kentucky
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