Newspaper Page Text
Brantley Enterprise, Nahunta, Ga., Thursday, Jan. IS, 1962
Brantley Enterprise
Published weekly on Thursday at Nahunta, Georgia
Carl Broome .... Editor and Publisher
Mrs. Carl Broome Associate Editor
Second class postage paid at Nahunta, Ga.
Official Organ of Brantley County
Address all mail to Nahunta, Georgia.
REPORT OF CONDITION OF
THE CITIZENS BANK
OF FOLKSTON IN THE STATE OF GEORGIA
at the close of business on December 31, 1961.
ASSETS
Cash, balances with other banks, and cash items
in process of collection 895,593.55
United States Government obligations,
direct and guaranteed 1,326,886.51
Obligations of States and political subdivisions — 576,492.20
Other bonds, notes, and debentures
(including $260,000.00 securities of Federal agencies
and corporations not guaranteed by U. S.) 260,000.00
Loans and discounts (including
$279.91 overdrafts) 1,747,622.55
Bank premises owned SI.OO, furniture
and fixtures $10,276.66 10,277.66
Other assets 1,225.42
TOTAL ASSETS 4,818,097.89
LIABILITIES
Demand deposits of individuals, partnerships,
and corporations 1,734,393.97
Time and savings deposits of individuals, partnerships,
and corporations 1,919,889.91
Deposits of United States Government
. (including postal savings) 3,791.74
Deposits of States and political subdivisions 470,035.71
Certified and officers’ checks, etc. 9,102.15
TOTAL DEPOSITS $4,137,213.48
(a) Total demand deposits $2,121,072.50
(b) Total time and savings
deposits $2,016,140.98
Other liabilities 178,763.21
TOTAL LIABILITIES 4,315,976.69
CAPITAL ACCOUNTS
Capital: (a) Common stock, total
par value $50,000.00 50,000.00
Surplus 50,000 00
Undivided profits 300,000.00
Reserves (and retirement account for
preferred capital) - 102,121.20
TOTAL CAPITAL ACCOUNTS 502,121.20
TOTAL LIABILITIES AND CAPITAL
ACCOUNTS 4,818,097.89
MEMORANDA
Assets pledged or assigned to secure liabilities and
for other purposes (including notes and bills
rediscounted and securities sold with
agreement to repurchase) 68,160.26
I, C. E. Glenn, Vice-President & Cashier, of the above
named bank, do solemnly swear that this report of condition
is true and correct, to the best of my knowledge and belief.
Correct—Attest:
C. E. Glenn,
William Mizell,
W. C. Hopkins,
J. V. Gowen, Jr., Directors.
State of Georgia, County of Charlton, ss:
Sworn to and subscribed before me this 9th day of Jan
uary, 1962, and I hereby certify that I am not an officer or
director of this bank.
Cynthia C. Shuman, Notary Public,
State at Large, Folkston, Ga.
My Commission Expires January 22, 1962.
RESULTS
Want
Ads
May
Be
Small
But
They
Bring
BIG
Internal Revenue
Service to Use
New Data System
District Director of Internal
Revenue, A. C. Ross, requests co
operation of all persons who pre
pare Federal tax returns, parti
cularly professional practitioners,
in filling out tax returns as near
ly as possible in accordance with
the official forms.
Adherence to official forms
will become increasingly impor
tant as the Internal Revenue
Service moves into its Automa
tic Data Processing program.
This program will be inaugurated
throughout the Atlanta Region
at the beginning of 1962, and
will be gradually extended to
'other regions.
The ADP System will require
'a marked increase in the use of
preaddressed forms. Preaddress
ed blank return forms have been
used for many years in connection
with employment and excise
। taxes. In the case of income taxes,
preaddressed forms have usually
been prepared only for Form
1040 A—A — the small punch-card
form which is available to salary
and wage earners with less than
SIO,OOO income. In order to mini
mize errors in identification, it is
planned that eventually nearly
all income tax forms, as well as
forms for other types of tax, will
be preaddressed. Studies are now
being made to determine the
advisability of preprinting the
names, addresses, and identifica
tion numbers on the actual blank
forms or in other kinds of duco
ments (which would then be at
tached to the return).
Under the new system, it will
be .more important than ever that
each tax payer’s account and do
cuments be accurately identified.
Since many names are alike or
may be mispelled on documents
from other sources, identification
numbers will be used as perman
ent tax account numbers so that
the combination of names and
numbers will minimize errors.
Since a very high percentage
of taxpayers already have Social
Security numbers, it has been de
cided to use the same numbers
for tax purposes in order to save
these taxpayers the trouble of
applying for new numbers.
Similarly, nearly every busi
ness has an “employer identifi
cation number which it uses on
social security and income tax
withholding returns, and the
same numbers will be used for
identifying business returns
(such as annual corporation in
come tax, and quarterly excise
and employment tax returns).
To a great extent, taxpayers
will merely continue to put on
their returns the same numbers
I A Lot of Littles I
. Make a Lot I
I One step won't take you very far, I
You've got to keep on walking.
I One word won't tell 'em who you are
You've got to keep on talking.
I An inch won't make you very tall,
You've got to keep on growing.
One little ad won't do it all,
I You've got to keep them going.
hi
| A constant drop of water
I Wears away the hardest stone;
By constant gnawing, Towser I
Masticates the toughest bone. |
The constant, cooing lover
Carries off the blushing maid.
And the constant advertiser
J Is the one who gets the trade!
they have been furnishing for
years. In fact, over 97 percent of
the persons who file their income
tax returns on Form 1040A (the
small punchcard form) already
are using their Social Security
numbers.
The first documents to be giv
en a special check for Social Se
curity numbers will be the De
clarations of Estimated Tax for
1962. These are due by April 15,
1962, but are required of only
those taxpayers who will owe
S4O or more tax over and above
any tax withheld from salaries.
When the 1962 Declarations are
received, a special letter and ap-
Stock Yard I
News
At our sale last Friday, hog prices ;
were as follows: RI, $18.01; LI,
$18.03; HL $17.00; No. 2, $17.00; |
No. 3, $15.15; No. 4, $15.00; No. 5,
sls 33; LR, $14.05; HR, $13.75; and
EHR. $13.00. Feeder pigs sold up to
$19.25.
Cows and calves sold up to $16.80,
heavy steers up to $23.00, heavy cows
up to $19.60, light steers up to $27.00,
heavy bulls up to $20.00 and light
bulls up to $24.00.
Station WBSG in Blackshear will broadcast
hog prices Friday afternoon at 3:30 from the M
Pierce County Stock Yard.
We invite you to sell with us each Friday.
Our good line of buyers assures you of the top g|
dollar. E
WE APPRECIATE YOUR SELLING WITH
THE PIERCE COUNTY STOCK YARD.
PIERCE COUNTY I
STOCK YARD I
H. F. Allen Jr. I
0. R. Peacock, Phone HI 9-2172 I
OPERATORS AND MANAGERS I
For Hauling, contact O. J. AMMONS, v
Hoboken, Ga., phone GL 8-3122.
BLACKSHEAR, GEORGIA
Stock Yard Phones HI 9-9023 and HI 9-3041
plication blank will be mailed to
those taxpayers who fail to furn
ish their account numbers.
Therefore, those taxpayers who
have Social Security numbers are
urged to use them on this form.
Announcements will be made
later on the steps to be taken for
obtaining account numbers on
other returns and documents.
burning woodlands
When prescribed burning is us
ed in woodlands to reduce the
hazard of wild fires, the burning
should be done in the winter and
soon after a rain, according to
Extension Forester C. Dorsey
Dyer.
Financial Report of Brantley
County School Superintendent
EXPENDITURES FOR IMPROVEMENTS IN
THE BRANTLEY COUNTY SCHOOL SYSTEM DURING
1961
Re-wiring Hortense School $ 408.75
Deep well at Hortense School -—— — 545.00
Repairs to hall doors at Hortense School 44.50
Ga. High School Association Regional Dues (Hoboken &
Nahunta) 186.54
Ga. High School Association Dues 77.60
Southern Association Dues (Hoboken & Nahunta) 62.00
Re-Evaluation for Nahunta High School 147.99
Re-Evaluation for Hoboken Hjgh School 133.85
Materials for covered walk-way at Nahunta Elem. School _ 579.70
1 Electric Duplicator for County Office 316.55
Typewriters and overhauling typewriters 1,084.60
International Harvester (3 bus chassis) 6,684.84
Blue Bird Body Company (3 bus bodies) 6,879.75
Cotton States Mutual Ins. Co. (bus insurance) 574.30
Large Heaters for school buses 900.00
McGregor Co. (new desks) 529.25
Teachers’ supplement 3,450.00
Labor (painting, carpentering and electrical) 2,000.77
Library orders and supplies 536.61
General Electric Co. (7 televisions and stands) 577.50
Installation for above televisions 405.38
Nahunta High School Gym roof (15 years Guarantee) 2,320.00
Refinishing Hoboken and Nahunta Gym floors 750.00
Ga. Jobbing House, Inc. (flourescent fixtures & bulbs for
Nahunta and Hoboken Elem. School roams) 716.68
Roofing materials jgg $g
Hoboken and Nahunta Canning Plants 241.60
Scientific supplies for Nahunta and Hoboken 266.94
School Bus seat and glass repairs 210.84
Paints, hardware supplies, etc. 1,148.63
Shades for some classrooms (Nahunta Elem. &. Hortense _ 518.74
TOTAL $32,488.50
The above improvements do not include the usual operating
expenses such as: lights, water, fuel, transportation (gasoline,
bus repairs, etc.), janitorial and teaching supplies, and insurance
propert y- These items run approximately $2,800.00 to
$3,300.00 per month. Money for this is provided for, or partly
provided, by the State Department of Education by money called
M & O’ money (maintenance and operation).
PAID ON BILLS INCURRED PRIOR TO JANUARY 1, 1961
Regional Library Services to Brantley County for 1960 _ $ 600.00
Stewart Candy Company (8-25-60) 49 50
Rayßro Electric Supply .- g 3
Welding Supply Company g 55
Wilson’s Garage T 146.72
Wilson-Wainright Oil Company 1,713.19
Ga. Accrediting Commission (penalty for late 1960*report) _ 8.00
City of Hoboken (water bill) 29 12
Robinson’s Grocery 42 68
State Department 1960 book order 52 ' 30
Library Order for 1960 (Hoboken) 145 ' 35
Hoboken Canning Plant (services for 1958. 1959. 1960) 19941
Lunchroam refunds for May, 1960 132 52
Ga. Withholding taxes (deductions from teacher’s salaries) 336 89
Teacher Insurance (deductions from teachers’ salaries) _ 507 61
Social Security (deductions from bus drivers & lunchroom
personal) — ggg 2g
Federal Withholding taxes (deductions from teachers’
salaries 10 654 17
Teacher Retirement (deductions from teachers’ salaries) _ 1 399 68
T ^ chers Payment (September through December 322.00
Light bills (Georgia Power) , QO /
N. C. Davis Grocery ‘89.84
Smith Hardware, Waycross, Ga. 3 gj
Blue Bird Body Co. (Note-$2,987.28 plus $313.65 interestTTTsOO 93
Dußose Garage — Hoboken 1 4R7R7
Standard Oil Company
Brantley Gas & Appliance 9 RS9 nn
Brantley Motor Company j’™,™
H 3™ (Note $2,500.00 plus $475.00 interest) 2 975 00
J. W. Brooker Hardware
Satilla Lumber Company ”5808
Strickland Plumbing Company 11 60
City of Nahunta (water bill) . 4»9 an
A. B. Brooker & Son ' ,
Okefenoke R. E. M. C. (light bill) ~
Virgil’s Sunoco Station 12 15
Mrs E. M. Wainright (notes given to Wilson’s Garage and
Wilson-Wainright Oil Company—s3,ooo.oo plus $lB7 00
interest) ’ 187 on
Interest incurred on money to pay 1960 bills ' ’939 00
Brantley Telephone Company 203 32
barah E. Gibbs (teacher) (refund on insurance deductions) _ 61 30
<_harlton County (Tri-County Workshop for teachers) 308 89
Adjustment to State Department on Teachers’ Salaries _ 5 264 94
City of Waycross, Board of Education (M & O money for ’
September — December, I 960) 400 00
John Murray Plumbing (partial payment on bill) 500^00
American Seating Company (partial payment on bill) 500 00
Pruitt Office Machine Co. 32 50
TOTAL , ” $47,889.04
TOTAL INDEBTEDNESS PRIOR TO JANUARY 1, 1961 S6O 212 56
AMOUNT PAID DURING 1961 ON THIS INDEBTEDNESS 47^889^04
BALANCE DUE ON OLD INDEBTEDNESS $12,323.52
RECEIPTS IN COUNTY TAXES DURING 1961:
1960 Taxes $ 7,119.49
1961 Taxes 62,273.39
TOTAL $ 69,392.88
PAID ON OLD BILLS $ 47 889 M
IMPROVEMENTS „
TOTAL $ 80,377.54
The difference paid and the county taxes received has been
squeezed from the M & O money from the State Department of
Education.
OUTSTANDING INDEBTEDNESS OF PRESENT
ADMINISTRATION (this amount is borrowed against
1962 taxes) $11,000.00
