Newspaper Page Text
THE FORSYTH COUNTY NEWS, THURSDAY JAN. 6, 1972-
Hothouse Tomatoes
A new Northeast Georgia
economic development project
involves one of the world’s
“newest” and most popular ve
getables the tomato.
And plans now being made by
Ninth District Opportunity, Inc.,
call for off-season production of
tomatoes in the area—in hot
houses—as a means of supple
menting income of the unem
ployed and underemployed.
The Community Action Ag
ency whjch serves the sixteen
county area which borders parts
of North and South Carolina,
and Tennessee, is already at
work on a rabbit project ann
ounced last month for similar
purposes.
Both projects are part of the
same package, and will be con
ducted by the agency’s Emer
gency Food and Medical
Services Program.
The rabbit, rich in folklore,
took the early headlines away
from the tomato, but research
reveals that tomato fact and
folklore rival those of the ra
bbit.
The tomato may be the
nation’s only legalized “vege-
WELL
DRILLING
and BORING
FOWLER
Well & Supply Cc
Tel. 479-8804
Night
345-5869
Form 64p (Stmt#)—Reviaed June, 1971 State Bank N0...515
PUBLISHER’S COPY
Consolidated Report of Condition of “ Bank..of.Craning..: ”
of Ctnaing in the State of Georgia and Domestic Subsidiaries at the close of
business on December .31 ,19 71...
S S E T S Dollars Cts.
1. Cash and due from banks (including $ None unposted debits) |:::..:.i..|..*9a...|.0»....M 1
2. U.S. Treasury securities * 1.. A 13... 505.... 65. 2
3. Obligations of other U.S. Government agencies and corporations. ||M 3
4. Obligations of States and political subdivisions SL ■ .110... 550 28 ' 4
5. Other securities (including $ None corporate stocks) ..... Nona 5
6. Trading account securities ..'....... v Mona 6
7. Federal funds sold and securities purchased under agreements to resell Nana 7
8. Other loans 13 7-69 .075 87 3
9. Bank premises, furniture and fixtures, and other assets representing bank premises 418 628 33 9
10. Real estate owned other than bank premises Non® 10
11. Investments in subsidiaries not consolidated Nana 11
12. Customer’s liability to this bank on acceptances outstanding Non® : 12
13. Other assets 104 277 29 13
14. TOTAL ASSETS I<> ?1 L OQI ftl 14
LIABILITIES
15. Demand deposits of individuals, partnerships, and corporations 5 472... 808. 06 15
16. Time and savings deposits of individuals, partnerships, and corporations .‘.9.. ,2Mi.... .72Q..:. :65.
17. Deposits of United States Government ... .57 265. 65 17
18. Deposits of States and political subdivisions 2 077 619... 09 18
19. Deposits of foreign governments and official institutions Non®. 19
20. Deposits of commercial banks None 20
21. Certified and officers’ checks, etc. .16.1. A 93 - 59 21
22. TOTAL DEPOSITS $ .16,97-0,907.04 xxx xxx xxx xx 22
(a) Total demand deposits $—6,678,396.30 xxx xxx xxx xx (a)
(b) Total time and savings deposits 1 10,292,510.74 xxx xxx xxx xx (b)
23. Federal funds purchased and securities sold under agreements to repurchase None 23
24. Other liabilities for borrowed money None 24
25. Mortgage indebtedness None .... 25 •
26. Acceptances executed by or for account of this bank and outstanding None 26
27. Other liabilities , 7§B 765 27
28. TOTAL LIABILITIES 17 759 672 15 28
29. MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES None 29
RESERVES ON LOANS AND SECURITIES
30. Reserve for bad debt losses on loans (set up pursuant to Internal Revenue Service rulings) 233 266 40.. 30
31. Other reserves on loans Non® 31
32. Reserves on securities None 1— 32
33. TOTAL RESERVES ON LOANS AND SECURITIES 231 266 40 33
CAPITAL ACCOUNTS
34. Capital notes and debentures None 34
(specify interest rate and maturity of each issue outstanding)
35. Equity capital, total L. 34L.. 153.. .126. 35
36. Preferred stock-total par value None 36
(No. shares outstanding None )
37. Common stock-total par value 400 000 00 37
(No. shares authorized 40,000 ) (No. shares outstanding 40,000 )
38. Surplus 750 000 00 38
39. Undivided profits 191 153 26 39
40. Reserve for contingencies and other capital reserves —_ Nnne 40
41. TOTAL CAPITAL ACCOUNTS —1—1341 153 EEJ 41
42. TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS IQ 314 QQI 81 42
(SWEAR I
sreturn i that this report of condition
is true and correct, to the beet of my knowledge and belief.
Correct Attest:
0 • v—l 4-z )
. ) Directors.
suite ~f Georgia , County of Forsyth , **.-
(MARK MAIIK KOI' Sworn to and mibsenhetl before me this 4th ~day of January , /»72 ,
NOTAIIY* fIKAI.' .... ,V I •
and / hrrrhtj rrrtifp that lam not art nfliecr or director of thit ha*k.\ |I . f
Mif com mixtion rJrpiret April 23 .19 74 , Xotary Public.
table”. Although it is a fruit
or berry botanically, the Su
preme Court of the United St
ates ruled in 1893 that it was
henceforth to be a vegetable—
for trade purposes because.of
its common use in meals.
By the time of this ruling*
the tomato had already come a
long way in a hurry. The first
record of its culture in the
United States was by a man who
would later become President—
Thomas Jefferson, in 1791. Its
first use as food was probably
in Louisiana in the early 19th
century.
The old suspicion that the to
mato was poisonous had its ori
gin in the fact that the tomato
does belong to the same plant
family as nightshade and hen
bane, both poisonous, although
now sources of useful drugs.
The botanical name of the family
to which it belongs means
“wolf-peach”.
Originating in the Feru-
Ecuador - Bolivia section of
South America, it found its way
to Mexico before Columbus, and
from Mexico apparently entered
Europe.
Italians first described the
tomato as an “apple of gold”
in the 16th century.
Larry Cotton, of Gainesville,
and William Grizzle, of Canton,
are Director and Supervisor,
respectively, of the tomato pro
ject.
NDO serves the Counties of
Banks, Cherokee, Dawson, Fa
nnin, Forsyth, Franklin, Gil
mer, Habersham, Hart, Lump
kin, Pickens, Rabun, Stephens,
Towns, Union and White.
PAGE 8
,t . p
r
Jean Guthrie
Married to
Steve Martin
Mr. and Mrs. Robert Roth
man announce the wedding of
their daughter, Jean Ann Gu
thrie to Glenn Steve Martin,
son of Mrs. Ruth Wilkins and
the late Mr. Glenn Martin of
Hoschton, Georgia.
The bride-elect is the grand
daughter of Mrs. Harry E. Wat
son and the late Mr. Watson, of
Lebanon, Indiana and the late
Mr. and Mrs. Charles Rothman
of Indianapolla, Indiana.
Jean Guthrie graduated from
Roswell High. School in 1967.
The. future bridegroom is the
grandson of Mrs. Luther Ed
wards and the late Mr. Edwards
of Auburn, Ga.
He served six years of duty
in the U. S. Army; Special
Forces, the rank of sergant;
including three years in Viet
nam.
The wedding was held January
1, at Norcross Methodist
Church.
Take Off Tha Cloaks (Con’t. from page 1)
Too, will the utility proper
ties in the 159 counties get
these same increases? Ans
wer - no. And, be sure to
ask the State Revenue Com
missioner what, if any, inc
reases ate to be applied to any
utility properties.
• And ::Jw%4he; pw*ler- -ask
the Stati'afeyenue Commiss
ioner iPmere isn’t a strong
possibility that millage rates
throughout the state will fall
substantially as a result of the
ordered increases in local pro
perty tax assessments. Ans
wer, obviously yes. Then
ask him this $64.00 question:
Isn’t it a fact that the utility
companies are the only prop
erty owners who benefit from
lower mill rates? Answer a
gain - -Yes. You might even
pitch this one in as a bunch
of sour grapes. Ask him if
lowering the mill rates in Gw
innett in 1968, and Hall in
1971, six mills in each insta
nce, didn’t amount to a total
of some $150,000.00 savings
to the utility companies loc-
Dr. Edwin H. Long
201 Dahlonega St.
Cumming
One Block Off Square
Phone 887-7878
Tues. - Thurs. - Sat.
ated in these two counties. And,
now, the “Super $64.00“ ques- '
tion —Be sure to ask the State;
Revenue Commissioner his est
imate of the savings to the ut
ility companies throughout Ge
orgia by millage reductions in
1972 which will result from the
drastic increases pointed out
herein. And then who in turn,
as always, will make up this
enormous deficit - - the local
property taxpayer.
This one feature of the ratio
laws to set or fix property tax
assessments is complete justif
ication to eliminate their use
in this capacity. Therefore, it
is very essential to get it out
in the open so that all Senators,
Representatives and local pr
operty taxpayers understand the
magnitude at which these very
discriminating laws operate ag- ■
alnst the helpless local property
taxpayer and directly for the
benefit of the utilities.
Why not call your State Sen
ator and your State Represent
ative? Why not void the use
of the Georgia Laws and ra
tios to assess property for tax
purposes before they cause
mass uprisings, demonstr
ations, and possible economic
chaos. Imagine, if you can, the
impact of the order from At
lanta upon Baker, Dawson and
Franklin County’s home ow
ners, the local property tax
payers, when they learn what
the 135%, 119%, 103%, etc. ra
tios are going to cost them in'
1972! After all the smoke,
dust and debris is cleared aw
ay across the state, it will be
too late. Therefore, let us all
insist upon immediate corr
ective action. Our lawmakers
will be in session soon andthey
alone can "un-do and re-do”
the job.
31 Classrooms
Three Northeast Georgia sc
hool systems have been app
roved for capital outlay funds
under the first 1972 state bond
issue.
The Forsyth County School
System will receive a total of
$961,538 for 31 additional cl
assrooms. The Classroom add
itions will be at Midway Ele
mentary School, Cumming El
ementary School, Sawnee Ele
mentary School, Big Creek El
ementary School and the Ches
tatee Elementary School.
Of the 31 classroom additions
the Cumming Elementary Sc
hool will receive 11.
ASPHALT
PAVING
Residential ° Commercial ° Industrial
Plant Mix Asphaltic Concrete
“BIG ENOUGH FOR THE BIGGEST JOBS-SMALL ENOUGH FOR THE SMALLEST”
ROADS - STREETS - TENNIS COURTS
SIDEWALKS - FILLING STATIONS
PARKING AREAS
-DRIVEWAYS
COME ON 1N... VI
* ** *
Xl* ...TO GET THE JOB DONE
Asphalt For Sale
Plant Located at Southeastern Rock
Quarry on Cumming-Sharon Road
for
Free Estimates
call
887-3103
FORSYTH ASPHALT
PAVERS, INC.
Located at the corner of Atlanta Hwy.
and Mary Alice Park Road in Cumming.
jsfl
Wedding Announced
Mr. and Mrs. Hershel Major
of Cumming announce the forth
coming wedding of their dau
ghter, Sarah Major to Jerry
Heard, sou of Mr. and Mrs.
Curtis Heard of Rt. 1 Gaines
ville.
Miss Major is presently em
ployed with Midland Service
Underwriters in Atlanta.
Mr. Heard is employed at
Ball Ridge Marina in Cumming.
A January wedding is planned.