Directors Claim Commercial Bank Was Solvent At Closing
Greensboro June 10 Special The Commercial National Bank of Greensboro remained solvent at the time of its closing on July 18, 1932. Directors and officers contend no loan exceeded legal limits and assets exceeded liabilities. receiver John D. Biggs filed the 1,016,000 dollar 2 percent claim months earlier.
MENTIONED IN THIS ARTICLE
Greensboro
Gegse Commercial National Bank Q—Rass
Don Jaly
Wisceum
National Depresajeyex
John D. Biggs
Foxy
Federal District Cowet
High Point
Claigg
Depenston Ertengsoee
Sant Sesh Positors
Stoc
Elwood Conant2o
Cox
Coz
C. BE
Egan
Idol
Marriner
R. Ragan
D. A. Stan
Gec
Pickett
Frank Wineski
Parker
O Tisturthe
Gaa Federal Reserve Board
Woley Coe
England Italy Plan June War Debt Payments
A war debt payment arrangement for June seemed likely after talks among President Roosevelt and foreign diplomats. Sir Ronald Lindsay delivered a British note, then Ambassador Rosso of Italy indicated a partial payment was probable. Paris reports suggested France may again default, elevating arrears.
MENTIONED IN THIS ARTICLE
Great Britain
Italy
Roosevelt
London
Ronald Lindsay
Phillips
State Department
Moley
Ronald
Rosso
Paris
France
Stabilization Talks Among Bankers On Dollar Pound Franc
Negotiations among central bank officials of the United States Great Britain and France on stabilizing the dollar the pound and the franc were under way in London as world economic conference preparations continued Leaders discussed a possible fund to buy and sell currencies without fixing three month rates and hinted other currencies could join later
MENTIONED IN THIS ARTICLE
London
Great Britain
France
Clement Moray
Bank of France
Charles Fraser
George L. Harrison
Federal Rescue Bank of New York
Montagu Norman
Bank of England
Mr. Harrison
Jay Crane
New York Bank
Norman
United States
Industrial revival bill heads for early Senate passage next week
Washington June 10 The administration's industrial revival and public works measure, approved by the House, faced adjournment delays as the Senate did not finish action on a last minute reorganization order. Senator Borah objected to limited consideration and changes to the trade restraint provisions. The conference report was expected to win Senate approval and reach the White House soon.
MENTIONED IN THIS ARTICLE
Washington
House
Congress
Senate
Borah
R-Ida
Harrison
Finance Committee
White House
LaPollette
World aviators continue aloft sighting over Siberia
Moscow reports Jim Mattern American round the world flyer was sighted at Rukhovo in Eastern Siberia about 725 miles from Khabarovsk. From there his next landing was expected at Khabarovsk en route to North America as weather and communications allowed. Captain Barberan and Lieutenant Collar, Spanish aviators, left Seville toward Cuba with status unclear but progress noted.
MENTIONED IN THIS ARTICLE
Ing
Jimmy Mattern
Rukhlovo
Siberia
Khabarovek
Alaska
Barberan
Collar
Seville
Cuba
Moscow
Jimmie Mattern
Rukhiovo
Mattern
Rukhlove
North American
Congress Ends Long Session With Two Major Disputes Settled
Washington June 10 Congress fought to adjourn amid Senate opposition to Roosevelts reorganization plan and delays on the 3 45 billion deficiency bill funding the recovery program. A conference compromise on veterans compensation and an industrial recovery bill moved toward resolution as the night wore on.
MENTIONED IN THIS ARTICLE
D. Harold Oliver
A. P. Star
Washington
Congress
Senate
Roosevelt
House
Long
D-La
Sen
London
Lafollette
R.wis
Hawaii
Missing Flor ida student believed in Asheville
Miss Helen Carter Talman 18, a Florida State College for Women student, left Tallahassee June 3 for Asheville. Her brother says evidence suggests she remains in Asheville or in Tallahassee with friends, with letters en route and two more held for her.
MENTIONED IN THIS ARTICLE
Asheville
Helen Carter Talman
Florida State College For Women
Tallahassee
J. J. Talman
Morris Plan Bank
Talman
Inez Henderson
Miss Talman
Miss Henderson
Miami
President Roosevelts plan would cut government costs
President Roosevelt proposes a broad reorganization claiming savings of more than 25 million. The plan would abolish the shipping board and limit prohibition bureau, with consolidations across Interior Justice and Treasury. Key changes include merging public buildings, parks, and cemeteries into Interior and unifying 2200 disbursing offices under Treasury.
MENTIONED IN THIS ARTICLE
Bureau of Prohibition
Department of Interior
Arlington Memorial Bridge Commission
Public Buildings Commission
National Capital
National Memorial Commission
Rock Creek and Potomac Parkway Commission
Treasury Department
Department of Justice
United States
House Sends Huge Peace Time Appropriations Bill To Senate
The House approved a record peace time appropriations bill totaling 3.459 billion dollars to fund Roosevelt recovery programs. It allocates 5.26 billion for public works, 60 million for Muscle Shoals Tennessee Valley construction, with swift Senate action anticipated after a late-night subcommittee review.
MENTIONED IN THIS ARTICLE
House
Senate
Graham Proposes Gradual Consolidation For UNC System
Dr. Frank P. Graham released eight consolidation recommendations for the University of North Carolina's three campuses Chapel Hill Raleigh and Greensboro. He urges a careful slow unification with faculty representation and preserved year end transitions.
MENTIONED IN THIS ARTICLE
Chapel Hill
Frank P. Graham
Consolidated University of North Carolina
Graham
Consolidated University
State College At
Raleigh
Woman's College At
Greensboro
University At Chapel Hill
Woman's College
Gov Ehringhaus names E B Jeffress to highway prisons post
Raleigh June 10 Governor Ehringhaus announced the appointment of E B Jeffress of Greensboro to head the consolidated highway prison department and reappointed A J Maxwell as commissioner of revenue. George Ross Pou named executive director of the highway and public works department and will also supervise the prison division.
MENTIONED IN THIS ARTICLE
Raleigh
Ehringhaus
E. B. Jeffress
Greensboro
Consolidated Highway Prison Department
A. J. Maxwell
George Ross Pou
State
Highway and Public Works Department
Highway and Public Works
Charles Whedbee
Perquimans County
W. C. Woodard
Nash County
James A. Hardison
Anson County
Luther Hodges
Rockingham County
Ross Sigman
Rowan County
Frank W. Miller
Haywood County
Jeffress
Maxwell
Budget Bureau
McLean and Gardner
Charles Brantley Aycock
Workman’s Compensation Bureau
The
Relief Office
J. van B. Metts
Col
Gordon Smith
Consolidated Highway-Prison Department
Allen J. Maxwell
J. C. B. Ehringhaus
Greensboro ex-mayor Lindley drowns in lake
Paul C. Lindley 56 longtime Greensboro nurseryman and former mayor, drowned while fishing near Friendship nine miles west of the city. Resuscitation attempts lasted two hours. autopsy found drowning as the cause. He had retired May 9 and was with Dick Johnson when he fell from a small boat into the lake.
MENTIONED IN THIS ARTICLE
Greensboro
Paul C. Lindley
Friendship
W. W. Harvey
Crowner
Lindley
Dick Johnson
Youngs Johnson
Lindley Nurseries
J. L. Spencer
Wade Johnson
J. Vm
Cook Listley
Guilford College
Cornelunta
Conferees Seek Agreement on Veterans Provisions in Appropriations Bill
Conferees in Washington discuss edits to the independent offices appropriation bill focusing on veterans economy measures. The House and Senate must act on the compromise that narrows veteran disability limits while weighing a Connally amendment and a price tag estimated from 60 to 80 million dollars.
MENTIONED IN THIS ARTICLE
Connally
Senate
Roosevelt
House
Negro Removed to Raleigh Pen for Safety
Durham June 10 A Jehe Reade negro confessed singer of Detective Br A Offi tonight was moved to the Raleigh prison hospital. Fear of mob violence led to the move with police reluctant to discuss reasons. Citizens described a mob spirit in the area where Gill lived and Reade was critically wounded in a gym confrontation earlier today.
MENTIONED IN THIS ARTICLE
Durham
Jehe Reade
BR. A. Offi
Erete
Hapital
Raleigh
Reade
Gill
Also Mentioned on This Page
Commercial Bank
Kelee
England
Associated Press
World Aviators
Sy Ashadar
Robinson
Arkansas
Borah R
Johnson
Calif
Shipping Board
Ident
War Department
Muscle Shoals-Tennessee Valley
Department of Conservation and Industrial
Cro. B. Dickson
Associated Press Mail
Independent
House Democrats
Blanton
D. Tex
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