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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 15, 1933
Page
3
Paul W. Schenck announces the North Carolina Bank and Trust liquidating board will pay an initial 12 percent dividend to depositors by October 1. The process requires extensive data work classifying 45,000 accounts and preparing proofs of claim to accompany the checks.
Abe Furst, a horse owned by aging O. G. Brown, faced seizure by City Sheriff James Burgess over a $100 debt. In a pending claim race at Coney Island, Abe won despite rain and mud, allowing Brown to settle the debt.
The liquidating committee reports a huge task remains to verify accounts prepare proofs and mail about 45 000 dividend checks. They warn completion cannot be overnight and hope for two weeks but October 1 is more probable. Depositors are praised for patience as checks are mailed at earliest possible age.
The Hilliard Memorial Sunday school class, numbering 70 boys aged 15 to 17, will take its annual trip this weekend. They depart Saturday at 9 30 from the church with teacher P L Culler and return Sunday evening. The group will hold Sunday school Sunday morning at Willamoore Springs and bring blankets cooking utensils and food for the trip.
Local C A swimmers lost to Charlotte 84 to 57 in a dual meet with High Point also competing. Lloyd Whitley won two junior breast events and led the team with high points as midgets and juniors posted several event wins and seconds. The meet ends the season, with winter practice to resume and a large pool of talent for next year.
At a board meeting C V Woosley was re elected superintendent of Methodist Children's Home in Winston Salem the home serving under the Methodist church with Woosley continuing leadership through another term.
A statistic states that each adult in the United States consumes 1356 pounds of food annually. The figure reflects annual per person consumption.
New York reports Charles M. Schwab is mentioned as probable successor to Robert P. Lamont as steel czar after Lamont resigns as president of the American Iron and Steel Institute. Lamont cites focus on enforcing the industry code and NRA disagreements as reasons.
Philadelphia dispatch reports the American Federation of Hosiery Workers agreed to halt strikes at the Alamna and Tohickon hosiery plants in Quakertown after a National Labor Board request. About 200 workers returned to the Tohicken Hosiery Co. mill as union officials described the step pending settlement talks.
Reading Pennsylvania September 15 hosiery manufacturers through Hugo Hemmerich general manager Berkshire Knitting Mills told Fred M Wilcox representative of the National Labor Board they will not enter into written contracts with American Federation of Hosiery Workers. The response follows a union request for compelled negotiation and will be forwarded to the National Labor Board along with the union and Hemmerichs letters.
Management at the Alanna Mill refused to confer with union representatives while 160 workers remain on strike at the Alanna plant. Federal Mediator Barnes plans to visit the Quakertown plants later this week to push talks.
The report notes that more than 3000 children under five die annually in the United States from burn injuries. It highlights the severity of burn hazards and the need for improved prevention and safety measures to protect young children.
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