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Chatter No. 9039 Report of The Condition of Reserve District No 6
THE FIRST NATIONAL BANK OF JEFFERSON
At Jefferson, in the State of Georgia, at the close of business on
September 29, 1931
RESOURCES
Loans and discounts $270,784.20
Overdrafts 6,251.05
United States Government securities owned _ 117,800.00
Other bonds, stocks, and securities owned 17 879,50
Banking house, $12,927.67. Furniture and ,
fixtures, $7,543.40 20,471.07
Heal estate owned other than banking house 18,682.24
Reserve with Federal Reserve Bank 9^494.42
Cssh and due from banks 32,431.54
Outside checks and other cash items 296.90
Redemption fund with U. S. Treasurer and due from U.
S. Treasurer 5,000.00
Total $499,090.92
LIABILITIES
Capital stock paid in $200,000.00
Surplus 37,000.00
Undivided profits 19,562.57
Circulating notes outstanding 100,000.00
Due to banks, including certified and cashiers’ checks
outstanding 815.08
Demand deposits 93,865.41
Time deposits 37,847.86
Bills payable and rediscounts 10,000.00
Total - $499,090.92
State of Georgia, County of Jackson, SS?
I, J. F. Eckles, Cashier of the above-named bank, do solemnly swear that
the above statement is true to the best of my knowledge and belief.
. J. F. ECKLES, Cashier.
Subscribed and sworn to before me this 10th day of October, 1931.
S. C. Morrison, Notary Public.
Correct —Attest: J. C. Turner, H. I. Mobley, J. Z. Carter, Directors.
DEPARTMENT OF BANKING STATE OF GEORGIA
STATEHENT OF CONDITION OF
BANK OF HOSCHTON
HOSCHTON, GEORGIA.
At close of business September 29, 1931
AS CALLED FOR BY THE SUPERINTENDENT OF BANKS
H. P. DeLaperriere, Pres. B. F. Wilson, Cashier.
Date of Bank’s Charter, May 3, 1904. Date Began Business, May 4, 1904
RESOURCES
Loans and Discounts .• $40,433.35
Banking House and Lot 1,700.00
Furniture and Fixtures 1,960.79
Other Real Estate owned 10,000.00
Cash in Vault and amounts due from approved Reserve
Agents 7,975.62
Checks for Clearing and Due from other Banks 42.60
Cash Itehis 19.44
Farm Acct. 395.14
County Warrants owned 1,229.73
Total $63,756.6 1
LIABILITIES
Capital Stock $30,000.00
Surplus Fund 12,000.00
Undivided Profits 1,556.92
Cashiers Checks 17.48
Demand Deposits 15,351.47
Times Certificates of Deposits 4,830.80
Total $63,756.67
GEORGlA—Jackson County.
Personally appeared before the undersigned, an officer authorized to ad
minister oaths in said county, B. F. Wilson, who, on oath, says that he is
the Cashier of the Bank of Hoschton, bank, and that the above and fore
going report of the condition of said bank is true and correct.
B. F. WILSON, Cashier.
Sworn to and subscribed before me, this 9th day of October, 1931.
R. E. Stewart, N. P. and J. P.
We, the undersigned directors of said bank, do certify that we have
carefully read said report, and that the same is true and correct, accord
ing to the best of our information, knowledge and belief, and that the above
signature of the Cashier of said bank is the true and genuine signature of
that officer.
This 9th day of October, 1931.
H. P. DeLAPERRIERE,
A. L. DeLAPERRIERE,
Directors of said Bank.
J. FOSTER ECKLES
AGENT
FIRE AND TORNADO INSURANCE
JEFFERSON, GEORGIA.
SENSATIONAL SALE CONTINUES
Bargains Still Offered Balance of This Month
See U* Before You lluv. Ssive the Pilferenee
SOUTHERN DEPARTMENT STORE
BROAD STREET JOEL’S OLD STAND ATHENS, GEORGIA
THE IMBIBER, LIKE THE POOR,
WE HAVE ALWAYS WITH US
Since there is so much controversy
at present over the prohibition ques
tion, and so much wet propaganda is
given daily to the public, an editori
al published in the Gainesville Eagle
on January 2, 1896, thirty-five years
ago, just a few days after Hall coun
ty had voted to outlaw the open sale
of whisky, will be read with much
interest. The editorial was written
by Editor W. H. Craig, and is as fol
lows :
• * *
By a majority of 370 the sover
eigns have said that the citizen who
is bibulously inclined will have to
wet his whistle in the lair of the
tiger with the eclipsed optic.
That is, if he wets it at all, and
the chances are that the bibulous
citizen who has moistened his whis
tale in days of yore will continue to
moisten it.
But the prohibition question as
expounded by sentimental illusion
ists takes no account of the whistle
that clamors for moisture.
They reck not that tha gentleman
with the vacuum in his stomach is
the object around which the whole
temperance problem revolves.
They may stop the saloon, but
the gentleman with the vacuum rc
mainsr—and his vacuum remains al
so. -
But if the gentleman with the va
cuum were removed from our social
system whisky would have to go, for
Othello’s occupation would be gone.
Apply yourselves, then, ye gush
ing parsons, ye tearful women, ye
sentimental illusionists generally, to
the elimination of the gentleman with
the vacuum. Raise your children
right. Give them the armor of a
good moral example and training,
and you will have little to fear from
the saloon or the tiger with his optic
in eclipse.
The gentleman with the vacuum,
like the poor, we have with us al
way. We can not suppress him by
statute, nor can we vote him out of
the community. And so long as he
remains with his vacuum and 10
cents, someone, either a saloon or
a tiger, will furnish him a drink at
a profit of 8 cents.
This is the temperance problem:
On one side a vacuum and 10 cents;
on the other side a drink of hot
whisky. They seek to establish an
equilibrium. And it is the experi
ence of all communities that the
equilibrium is pretty apt to be estab
lished.
Don’t spend too much time abusing
whisky. Go to the fountain head of
the evil. Go to the gentleman with
the vacuum. He is the mainspring
that turns the countless wheels of
the evils of intemperance.
Quit drinking yourself, and allow
your child to inherit blood free from
its taint. Then raise it right, and
set a good example.
If this were followed out a few
generations, the gentleman with the
vacuum would disappear like the
Indian.”
BABY’S PLAYTHINGS
Ten cunning little playthings
He never is without —
His little wiggle-waggle toes
That carry him about.
They look so soft and pinky,
And good enough to eat.
How lucky that the little toes
Are fastened to his feet!
Ten little pinky playthings
He cannot eat or lose,
Except when nursey hides them
In little socks and shoes
—Exchange.
WHISKEY AND AUTOMOBILES
A well known physician, who
writes for the daily papers, says we
give a doctor a license to practice
medicine, yet if one of his patients
feels the doctor has not given him
the right treatment the patient can
demand from the doctor fair compen
saton for the damage, loss of time,
pain or impairment of earning pow
er he has suffered as a consequence
of the doctor’s lack of skill or knowl
edge or his carelessness. But we
license a citizen to drive an auto
mobile on the highways, and if he
gets a little drunk or becomes crimin
ally negligent and damages property
or person the chances are even that
no damages can be collected from
the irresponsible individual who is
to blame.
Continuing further, this doctor
says: “Many honest, responsible
automobile drivers are unaware that
a drink or two of wine or home brew
slows the reaction time and hence
renders them less efficient drivers
and makes them more liable to have
an accident. Probably a consider
able portion of everyday automobile
accidents are due to the exercise of
“personal liberty” bj* Americans
who insist upon that privilege, even
when there is no question of “in
toxication" in the common or police
sense of the word. Normally there
is an interval of one-fifth of a second
between the reception of an impres
sion upon the retina and the re
sponse of the muscles of foot or hand
on brake or steering wheel. After
a pint of beer or a drink of whisky
the reaction time increases to as
much as four-fifths of a second.
There is plenty of time for death or
maiming to occur.
“A car traveling 35 miles an hour
will go 20 feet farther in the three
fifths of a second, which may be
the difference between life and
death.
“Dr. H. M. Vernon, English phy
siologist, says that people do not
seem to realize that the effects of
alcohol are still present hours after
the drink is taken. The graveyards
and hospitals in America realize it,
all right.”
STUDENTS AT EMORY
FROM THIRTY STATES
AND DOZEN COUNTRIES
Thirty states are represented a
mong the total registration of 1,073
rtudents at Emory University for the
fall quarter, according to an an
nouncement from the registrar’s
office.
As usual, a number of foreign
countries have sent students, includ
ing China, Japan, Russia, Czecho
slovakia, Spain, Italy, Cuba, Guate
mala, Argentina, Canal Zone, Pana
ma and Canada.
Reports from Valdosta and Ox
ford, where Emory has junior col
leges, indicate that the registration
at those two branches is more than
last year, which would boost the
total for all parts of the university
to practically the same as last year,
and considerably more, than 1929.
The freshman class on the main
campus numbers 194 this fall, as
compared to 220 last fall. It was
stated that increased attendance at
the two other junior colleges ac
counts in part for the loss.
Among the thirty states represent
ed Georgia leads with a total of 760
students, 369 of whom are from At
lanta. Alabama is second with 65,
and Florida third with 50. Cali
fornia, Arizona, Texas and other
distant states are represented. New
York State furnished nine students,
as did Ohio.
TEN GEORGIANS NAMED
AMONG TRUSTEES FOR
PRESBYTERIAN COLLEGE
Waycross, Ga.— Presbyterian Col
lege, located at Clinton, S. C., op
erated jointly by the Presbyterian
Synods of Georgiu and South Caro
lina, has on its board of trustees ten
representatives of the Georgia Syn
od, one for each of the seven presby
teries in the state, and three repre
sentatives at large, the joint owner
ship of the college having increased
the financial support and added to
the student body of the colleges, it
will be revealed in a report to be
presented to the Synod of Georgia
at its annual meeting in Waycross,
October 13, 14, and 15.
Members of the board from Geor
gia are as follows: Rev. E. *L. Hill,
Athens, Athens Presbytery; Rev. N.
P. Pratt, Decatur, Atlanta Presby
tery; Rev. M. M. MacFerrin, Augus
ta, Augusta Presbytery; George F.
Montgomery, Marietta, Cherokee
Presbytery; Rev. R. S. Boyd, Colum
bus, Macon Presbytery; Rev. T. W.
Simpson, Brunswick, Savannah Pres
bytery; Rev. S. W. Dendy, Cairo,
Southwest Georgiu Presbytery; Rev.
A. W. Dick, Moultrie; Rev. J. A.
Simpson, Ila, and Rev. J. S. Lyons,
Atlanta, the synod at large.
Georgia assumed a joint ownership
of the college at the meeting of syn
od in Brunswick in 1928, accepting
an invitation of the Synod of South
Carolina. The two synods are unit
ed in.the ownership, control and sup
port of Thornwell Orphanage, also
at Clinton, S. C., and Columbia The
ological Seminary at Decatur, as well
as Presbyterian College.
The report of the activities of
Presbyterian College will be made by
Dr. John McSween, president of the
institution, when synod convenes
here next week.
NEARLY-FORTY MILLION LOSS
IN TAX VALUES
The losses on the various county
tax digests have not been as great
as was estimated by the state fiscal
officers, it is revealed after all re
turns except from one county have
been received by Comptroller Gen
eral W. B. Harrison.
Contrary to expectations seven of
the 161 counties showed increase in
property valuations, while the losses
in many of the others amounted to
only a few thousand dollars.
The total losses were $15,800,000
and the total gains were $7,344,324,
leaving a net loss of $38,465,746 in
the state as a whole. The budget
board had estimated that the loss
would reach $40,000,000, so the re
duction was not as great as had been
anticipated.
At the state tax rate of 5 mills on
the SIOO or $5 on the SI,OOO, the
actual monetary loss in state taxes
will be approximately $191,000 in
stead of the $200,000 anticipated
when the state budget was prepared
for the last legislature.
The counties that showed increases
in their tax digests were Bacon, Ca
toosa, DeKalb, Evans, Fulton, Gwin
nett and Mclntosh. The principal
gains were $6,621,410 in Fulton;
$388,343 in DeKalb and $248,462 in
Catoosa.
The principal losses were $2,668,-
415 in Bibb; $1,284,340 in Burke;
$2,507,118 in Chatham; $1,325,962
in Decatur; $1,099,322 in Dodge;
$3,250,000 estimated in Dougherty;
$1,375,828 in Lowndes and $2,329,-
610 in Muscogee.
The loss in tax values is princi
pally in farm land, though every
class of property is included in the
decrease. State authorities are com
plaining about reductions made by
boards of assessors in some counties.
CROOKED CREEK SUNDAY
SCHOOL
This is being written, hoping it
mi*y encourage other churches to
press forward in their efforts to
build up the teaching service. An
we have come to understand, the
Sunday school is the church’s teach
ing service, and the B. Y. P. U. is
the training service in our Baptist
ranks.
We at Crooked Creek had been
“playing at” Sunday school for a
long time. Our average attendance
in December, 1930, was 8. In Jan
uary of this year, Mr. Claud E.
Scarborough was elected superin
tendent. This young man had the
ability to enlist the church in sup
porting him in building a school
that reached the average in August
of a little more than 93.
This phenominal growth was not
attained in one day, but was a
gradual move upward. The first
thing Mr. Scarborough did was to
organize his classes, after securing
the full co-operation of his teach
ers. To illustrate the gradual growth
as stated in December of last year,
the average was 8. January made a
move upward to 9 1-2. February
moved up to 28 1-2. And so it went
upward until in July the school was
received at our state headquarters
as a Standard Sunday School. Au
gust following, with an average of
93, as stated above.
In the meantime, Mr. Scarborough
organized a B. Y. P. U.. This young
folks organization works in harmony
with the Sunday school, and is going
well.
We are proud to be one of the
standard schools of our district. It
was done for us, and it can be done
in your church.
L. W. Massey,
Nicholson, Ga.
GOLDEN OPPORTUNITY FOR
TENANTS
(From DeKalb New Era)
There has never been in the Unit
ed States a better time for the farm
tenant, or any other man with limit
ed means for that matter, to own his
own home than now. Every one re
members the doleful predictions of
only a few years ago that the time
was fast coming when all the land in
the country would be owned by a
few, and these few would compose
a landed aristocracy such as has af
flicted many countries of the old
world in the past. Even now we
hear many predictions that mort
gage holders are rapidly acquiring
the land of the country by fore
closure. Here, however, the loan
company which takes over a farm
finds that it has anew problem and
is as anxious to rid itself of this
new burden as was the original own
er and these foreclosed farms are
being offered for resale all over the
country.
Go where you will and you will
find an abundance of good land for
sale on almost any terms, and the
young tenant who has the will to
grapple with the problem can buy
land all he wants and then some —
for prices which are absurdly low
and on terms of his own making.
That many intelligent young farm
ers are taking advantage of the op
portunity which now lies wide open
before them is shown by the fact
that loan companies are selling their
farms freely and these sales are be
ing made to people of the neighbor
hood—people who are familiar wit
what they are buying and who want
to make homes for their family
There never was a better chance for
the ambitious tenant to step up into
the home-owning class.