North Carolina Banks Plan Merged Union National and First National to Form First Union Bank
Union National of Charlotte and First National Bank & Trust Co. of Asheville announce plans to consolidate into the First Union National Bank of North Carolina with over 110 million dollars in capital funds and reserves above 10 million. The merger, approved by directors, awaits OCC review with stockholders to meet to consider the plan.
MENTIONED IN THIS ARTICLE
Carl G. McGraw
Union National
Charles D. Parker
First National
Brate
Asheville
Hendersonville
Waynesville
Canton
Oteen
Brevard
Swannanoa
Union
George S. Crouch
Charlotte
McGraw
North Carolina Presbyterian College Merger Moves Forward
Trustees from Flora MacDonald College Red Springs and two other schools sign a formal consolidation in Raleigh. Plan calls for early 1959 construction on an 800 acre Laurinburg area site. Merger faces a pending appeal after a restraining order was dissolved.
MENTIONED IN THIS ARTICLE
Lamberton
N.C
North Carolina Consolidated Presbyterian College
Laurinburg
James K. Dorsett
Big New College
Raleigh
Thad Eure
Hawks Star Cliff Hagan Tops Playoff Scorers
Cliff Hagan of the St. Louis Hawks led the NBA playoffs scoring with 305 points over 11 games, establishing himself as the series high scorer.
MENTIONED IN THIS ARTICLE
Cliff Hagan
St. Louis Hawks
Indictments Planned In Northampton County School Fund Probe
North Carolina officials expect 40 to 50 indictments stemming from alleged embezzlement of many thousands of dollars from Northampton County schools. Names include N L Turner of Rich Square. others unnamed likely deputies. Investigation spans 1947 records with SBI, auditors, and state officials involved.
MENTIONED IN THIS ARTICLE
Raleigh (Ap
Northampton County
Ernest R. Tyler
Roxobel
Malcolm B. Seawell
Tyler
Ampton Board of Education
State Bureau of Investigation
C. D. Douglas
State Board of Education
Raleigh
Turner
SBI
Attorney General's Office
Walter F. Anderson
Virginia
Tennessee
Northampton
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Popiwerad AL Peine
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Piedmont
Crouch
C. Dewitt Holton
DeWitt Holton Furniture CO
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Western Auto
Lae St Ag
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H.p. Clinton
Cape Cod
L. W. Newsom Cor
Main & English
Bargain
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