Newspaper Page Text
Charter No. 8945 ' Reserve District No. 6
REPORT OF CONDITION OF THE
* FIRST NATIONAL BANK
At Covington, in the State of Georgia, at the close of Business
September 15, 1922.
RESOURCES:
Loans and diseounts including rediscounts, acceptances of
j drafts sold
other banks, and foreign bills of exchange or
with indorsement of this bank (except those sdiown in
b and c)..........................................$ 245,209.70
Total Loans .......................... ......... $245,209.76
U. S. Government securities owned;
Deposited to secure circulation (U. S. bonds par value).... 40,0011.00
All other United States Government securities.......... 100.00
TOTAL ......................................... 40,100.00
Other bonds, stocks, securities, etc.:................ 3,180.00
Bunking House, Leased; Furniture and fixtures .......... 3,382.45
Lawful reserve with Federal Reserve Bank .............. 7,693.62
("ash in vault and amount due from national banks ...... 2,973.09
Amount due from State banks, bankers, and trust companies in
the United States (other than included in Items 8, 9, and 10) 1,104,7.
Checks on other banks in the same city or town as report¬
ing bank (other than Item 12)...................... 226..>1
Total of Items 9, 10, 11, and 13.................... 4,304.31
Checks and drafts on banks (including Federal Reserve Bank)
located outside of city or town of reporting bank ...... 145.18
Miscellaneous cash items .............................. 19.75 164.93
Redemption fund with U. S. Treasurer and due from
U. S. Txmsurer ...................................... 2 , 000.00
Other Assets, if any.................................. 800.56
Total $306,835.63
LIABILITIES
Capital stock paid in .................................. 50.000. 00
Surplus fund ............ ........................... 20.000. 00
Undivided profits .................................. 4,692.79
Less current expenses, interest and taxes paid .......... 2,168.93 2.523.S6
Circulating notes outstanding ....................... 38,300.00
Cashier's Checks outstanding........................ 120.SO
Total of Items 21, 22, 23, 24 and 25.............. 120.30
Individual deposits subject to check .................... 67,610.80
Total of demand deposits (other than bank deposits) subject
to Reserve, Items 26, 27, 28, 29, 30 and 31 ........ 67,610.80
Time deposits subject to Reserve (payable after 30 days, or
subject to 30 days or more notice, and Postal Savings):
Certificates of Deposit, (other than for money borrowed).... 43,958.07
Other Time Deposits ...'............................... 'l5,278.27
Total of time deposits subject to reserve, Items 32,33,34,35 59,236.34
Notes and bills rediscounted, including acceptances of other
banks and foreign bills of exchange or drafts sold with
indorsement of this bank.......................... 69,013.22
Liabilities other than those above stated ................ 31.11
Total .................................'..... 306.835.63
STATE OF GEORGIA, County of Newton, ss.
I, .las. C. Anderson, Cashier of the above-named bank, do solemnly swear
that the above statement is true to the best of my knowledge and belief.
JAS. C. ANDERSON, Cashier.
Correct Attest:
Subscribed and sworn to before me N. Z. ANDERSON, v
this 22nd day of September, 1922. C. C. BROOKS.
J. G. Rogers, Notary Publie. M. LEVIN,
Directors.
MMui
E. H. MOBLEY,
It’s Cheaper to Paint
Than to Repair
Wear and weather would soon ruin
a steel bridge if it were not protected by
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costly repairs. Protect your property
inside and out with
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For House exteriors we recommend
Pee Gee Mastic as the best paint you can
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Ask for out it comes in 24 handsome colors.
FREE Paint Book* Visit this store and let us advise
and Color Card* you regarding your paint needs.
PIPER HARDWARE COMPANY
NEWS ADS.—MONEY MAKERS. !
THE COVINGTON NEWS. COVINGTUix, efco«».n
A VERY good sui£
" “Tailored to Meas¬
ure by Bom” will cost
you no more than the
price asked for clothes
of doubtful merit.
The values we are
offering at $30 and
$35 are especially at¬
tractive — you have
never bought better
clothes for the money
—dependable all wool
cloths in new patterns,
tailored precisely as
you order.
Money back if you
are not entirely satis¬
fied with the com¬
pleted garments.
COUNTY FAIR AT MADI¬
SON, OCT. 3-7, 1922
The fourth annual fair of the Morgan
Fair Association will be for¬
mally opened on the fair grounds in
Madison next Tuesday morning, Octo¬
ber 3, and the ybcasiion is full of
interest to the people of this section.
Despite the lamentable fact that py
the invasion of the Mexican Boll Weevil
Morgan’s cotton crop has dwindled from
35,000 bales in 1919 to a possible 1,000
in 1922, the plucky citizens of the coun¬
ty have determined to stage one of the
very best fairs ever put over in Georgia.
Daily Programs
Monday night at 7:30, Miller Brothers
Exposition Shows have their formal
opening. Gate admission to the fair is
free. Miller Brothers carry twenty cars,
350 people, and promise that there will
not be a dull moment while the fiat
gates are open this year.
Tuesday, October 3, is Kiwanis Day.
The Madison Kiwanis Club will have the
exercises in charge. They are planning
the funeral of Old Man Gloom (who re¬
exercises at his grave. Funeral sermon
by a very noted Georgia orator.
Wednesday will be Merchants’ Day.
Prizes given by Madison firms and indi¬
viduals will be awarded at the grand
prize drawing. All who pay their admis¬
sion into the grounds Tuesday and
Wednesday will be given tickets en¬
titling them to participate in the dis¬
tribution of these various prizes—cash,
merchandise, etc.
Thursday will probably be Judges
Day.
Friday will be School Childrens’ Day.
School children from Morgan, Greene,
Putnam, Jasper, Newton, Walton and
Oconee will be admitted to the grounds
FREE. A football, between Greensboro
and Madison High Schools in the morn
ing, and another in the afternoon be¬
tween the Madison and Monroe A. & M.
Schools will add greatly to the occasion.
MISS ODUM HONORED
AT STATE COLLEGE
Miss Gladys Odum, of North Coving¬
ton. has been elected president of the
student body of the Department of Mu¬
sic, of the Georgia State College for
Women, at Milledgeville. Election to
this office is a high’ honor, and Miss
Odum is greatly to be congratulated
upon its attainment. As a student of
music last year she made a splendid
record, being prominently featured in
concerts given by the school.
FOR RENT—7-room house, with
water, lights, sewerage and garage.
$15.00 per month. Apply to
tf-c W. B. R. Pennington.
SEED WHEAT—Tennessee and Ma¬
ryland Seed Wheat. Also Seed Rye, at
Simmons’ Seed Store.
BULBS—Hyacinths, Tulips. Chinese
Scared ^Lilies, at
Simmons’ Seed Store.
OLD ROCK CREEK
Rev. Cannon filled his regular appoint
rnent here Saturday and Sunday, and
dined with Mr. and Mrs. E. R. Cunard
Saturday.
Misses Cleo Aaron of Eudora, and
Tennie Bates, of Gaithers, dined with
Miss Annie Nell Ozburn Sunday.
The people of this community enjoyed
a barbecue with the Monticello and
Eudora people at Eudora last Thursday.
Mr. and Mrs. Perry Henderson spent
last Tuesday with Mr. and Mrs. J. D.
Ozburn.
Mr. and Mrs. Grady Lewis, of Concord
and Mr. and Mrs. Newt McColloughs
were the guests of Mrs. B. F. McCul¬
loughs Sunday.
Mrs. J. D. Ozburn spent last Wednes¬
day with Mr. and Mrs. Doyle Ozburn, of
Mansfield.
Mr. and Mrs. Sam Allen and chil¬
dren, of Eudora, attended preaching
here Sunday and dined with Mr. and
Mrs. T. R. Jones.
Mrs. Jim Aaron and Orell spent Tues¬
day afternoon with Mrs. T. J. Kitchens.
Mrs. B. F. McCullough was the guest
of Mrs. Grady Lewis last Monday.
Mr. and Mrs. W. C. Bates spent
Saturday with Mr. and Mrs. Joe Bates,
of Gaithers.
The guests of Mr. and Mrs. T. J.
Kitchens Sunday were Mr. and Mrs.
Ralph McDonald, of Gaithers, Mr. and
Mrs. H. F. Meadors, of Covington, Mr.
and Mrs. Fielder Ozburn. of Mansfield,
and Rev. Henry Canon, of Locust Grove
Miss Thelma Cunard visited Miss
Alene Jones Sunday.
Mrs. George Ivey visited her mother.
Mrs. J. D. Ozburn, Saturday.
Mrs. Doyle Ozburn spent Tuesday
afternoon with Mrs. Orell and Mrs. Jim
Aaron.
WITNESS APPEARS IN COVINGTON
AFTER COURT ADJOURNS
An unusual situation developed this
week when Kelly, subpoenaed as a wit¬
ness in a Superior Court criminal case,
appeared before Clerk Otis Nixon, re¬
questing transportation to his‘home at
Millen.
According to the subpoena, Kelly was
to be in Covington on Monday, Septem¬
ber 25th. By hoboing and various “lifts”
he managed to arrive at that time, only
to find court adjourned owing to lack if
business.
Applying to Clerk Nixon, it was made
clear to Kelly that his subpoena needed
the solicitor’s O. K. In this case Kelly
cannot obtain pay until the January
term of court, and then only by the in¬
dorsement of Solicitor Brand.
Kelly, who has very recently moved
to South Georgia from Porterdale, re¬
turned home in a manner very similar
to his coming.
FOR RENT—My home on Anderson
Avenue.
Mrs. W
V. Cook, Rt. 4.
"Where Sxtra Service is Demanded
Firestone Cords Predominate
TIT HERE VER the exac- b prS&M
yy " * tions and tests of tires
are most severe—there constantly increasing tire val¬
you will find Firestone Cords ues for the public.
in universal use. _Oaers in this vicinity
The hard jobs seek Fire¬ KnestoM verifv
stone. And so well has Fire¬ almost reputation, and re .
stone responded under difficult port Firestone daily some new
conditions—so consistently has record of extra d«.
mileage mounted to totals im¬ tance travelled.
possible to obtain from ordi¬ Don’t be satisfied to buy
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slogan of thinking motorists such reliable per
everywhere. romance.
The blending and tempering Make Most Miles per Dollar
of rubber, gum-dipped cord your principle of tire economy
construction, air-bag cure—all — choose your next tire on
these mileage methods have that basis.
MOST
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per
dollar
Hi
Gum-Dipped one
Cords
NEWBORN NEWS
A special meeting of the Woman’s
Club was held last Monday afternoon at
the school building. The special feature
of the program was the committee of
ladies appointed to serve lunches or
arrange for something to be sold one
day in each week. Mrs. A. J. Stanton
and Mrs. J. T. Pitts served lovely plate
dinners last Saturday.
Saturday is Orphans’ Home Day. We
hope that everybody will work on that
day and come out to the exercises Sun¬
day evening. A splendid program is be¬
ing arranged for this occasion.
Mesdames P. Willson, J. H. Childs,
O. L. Childs, H. C. Adams and W. F.
Lee attended the club meeting in Mans¬
field Thursday afternoon.
Mr. YY. \\". Childs, of Covington< was
the guest of Mr. and Mrs. O. L. Childs
a few days last week, and also attended
the barbecue given by the gentlemen of
the town.
Mrs. Ransom Hodge, of Atlanta, was
the guest of Mrs. N. 'P. Smith several
days last week.
Mrs. S. M. Holcomb, of Oxford, spent
Sunday with Mrs. J. J. Carter.
Dr. and Mrs. Lee Porter, of Rutledge,
were the guests of Mr. and Mrs. F. R.
Porter Sunday. Mr. Porter has been
quite ill, hut we are indeed glad that he
is able to he out again.
Mr. M. L. Carter, o{ Madison, spent
the week-end with Mr. and Mrs. J. J.
Carter.
Mr. and Mrs. T. E. Speer and children
spent Sunday with Mr. and Mrs. Preston
at Shadydale.
-Mr. W. H. Preston, of Shadydale,
spent Monday with Mr. and Mrs. T. E.
Speer.
Miss Cecil Freeman is attending a
business college in Athens.
Rev. J. T. Pendley and Mr. H. G.
Smith motored to Atlanta Monday.
Mrs. H. G. Smith and children are
visiting Airs. Spears in Madison this
week.
Air. and Airs. Guy Stanton, of Atlanta,
arrived Wednesday for a short visit to
relatives and friends.
Air. Hubert Duke was in Alonticello
Tuesday.
Mesdames J. H. Childs, E. B. Nelson
and W. F. Lee were in Starrsville Alon
day afternoon to see Mrs. Nannie Starr,
who continues very ill.
Aliss Alellie Pitts and Airs. J. H.
Childs were the guests of Airs. Harwell
and Mrs. J. H. McGarity, of Alansfleld
Sunday afternoon.
Airs. W. B. R. Pennington and chil-'
dren, of Covington, visited Dr. and Mrs.
J. 1’. Pitts Sunday.
Lev. J. r. Pendley filled his regular
appointment at Starrsville Sunday.
Aliss Fannie Robertson, of Pine Grove
visited Airs. J. O. Stanton and Miss
Claire Elliott Sunday and Monday.
ROCKY PLAINSNEWS
Misses Mary Helen and Sara Lee
Piper spent Saturday night with their
sister, Airs. Cawthorne.
Air. and Airs. Boyce Davis and chil¬
dren spent Sunday afternoon with Air
and Mrs. Al.. H. Davis.
Aliss Lily Alae Upchurch was the
week-end guest of Miss Robie Harvey.
Lev. L. L. Neill was the dinner guest
ot Air. and Airs. AI. H. Davis Tuesday.
Mrs. M. C. Davis and Mr. Roy Davis
spent Sunday with Mr. and Airs. John
Brown.
Alisses Robbie Harvey and Frances
Avery spent Friday night with Airs.
James Hearn.
Airs. Alice Harvey, of Oovingdon,
visited relatives here several days last
week.
Alt. and Mrs. D. S. Chestnut spent
Sunday with Air. and Mrs. Edward
Cowan.
Aliss Frances Avery spent several
last week with her grandmother
Airs. AI. C. Davis.
Air. and Airs. Pressley Harvey and
Helen spent Sunday with Mr. and Airs.
Dial, of Oxford.
HAYSTON NEWS
Air. Joe Ozburn, of Decatur, was
a short while Friday morning. t
Mrs. I. A. Henderson and Olin went
to Covington Saturday, and Airs. Har
vey Hays and children accompanied
them home.
Air. Charlie and Miss Excer Hardeman
of Pine Grove spent Sunday with Mr.
and Airs. Elvin Savage.
Air. and Mrs. Stone Hays, Mr. Steve
Hays and Airs. Chloe Blasingame vis¬
ited Newborn relatives Sunday after¬
noon.
Air. and Mrs. Harvey Hays and chil¬
dren spent Sunday with Air. and Mrs.
H. A. Pannell.
Messrs. Paul Darby, Brady Loyd and ‘
Ernest Savage went to Porterdale Sun "
day afternoon.
M r le Mr l A ! 0b i ey / nd cb j! d T’
nf of puBe Rutledge, spent Sunday with Air.
and Airs. H. S. Dobbs.
Air. and Airs. Buster Williams and
family, of Oxford, spent Sunday with
Mr. and Mrs. Carson Cowan.
«„ Alls. Wyatt li Barker , , had ,------, as her guests
Tuesday uesdav Mesdames Mesdames C. C A. A Tuggle two-i* and !
Alonzo Curtis, of Alansfield.
Dr. R. L. Hays spent Sunday with
his sister, Mrs. Ernest Hays.
Messrs. Vance Curtis and Albert Sav¬
age attended preaching Sunday evening
at Starrsville.
Dr. and Mrs. Lott, of Jersey, spent a
few hours with Airs. Chloe Blasingame
Tuesday.
Airs. A. L. Jackson is visiting Ale.
PRICES £
UP TO 40 PER CENT ON WEST!
HOUSE BATTERIES
A genuine Westinghouse Battery, M
in a never-wear.-out hard rubber case $29.T(| f°|
your Ford $18.50; Buick $25.00: Dodge
We still sell those good
MASON COR
Can’t find one better!
We cordially invite you to our Free Sell
vice and inspection of your tires and batteOl
Regardless of their make. No charge for P l,r |
distilled water put in your battery.
Vaughn Tire & Battery Cl
Phone 304
an l Mrs. Earl Jackson, of Oxfa
Airs. Stone Hays entertainedi
day School class Monday evenini
eight to ten o’clock. .Music and
were enjoyed, after which calc
cream was served.
Mr. and Mrs. Will Riggers anim
lv of and Dixie, Air. Fletcher tin-guests Diggers of Mrs. and f
were 1
Hays Sunday. li
Airs. Chloe Blasingame spent
with of Mansfield. her sister. .Mrs. .Mary Janef
Dr. and Mrs. II. L. Hollis
Shady Dale Thursday. J
Mrs. YT »*0 1 1. A. \ Henderson 1 -I ell, !/,cn had Kill
guests Sunday Mr. and Mrs.
Hays "AVS and and family, family. Mr. Mr. and and Mrs. |
0 .. hm A. .„ ,, nd «... L(lV
’
family. Mai _
Miss Frances Greer visited
relatives Monday and Tuesday. Atlantl 1
Airs. Airs. Tom 'Kin Greer Greet visited v 181 leu
rnnv Uo n > el »„„ 8 c atius tiv ., s l.w mh, , vee i, enter!
. Air. and Airs. Stone Hays all
a few friends Tuesday evening
supper. The occasion celebrate^
Hays’ birthday.
*' Air. and Airs. Porter Binford ana
dren, of Salem, and visiting Mrs.F
Pannell. spent last! , |
Airs. Walter Loyd L l ree |
with her father. Air. Y\ ■ '