Newspaper Page Text
Thursday, January 18, 1968
Ballard Reports On Legislature
The 1968 Georgia Legislature
started off with a bang. The
principal matter of interest was
the three-way power struggle
which was developing at the state
capitol between Governor Mad
dox, Speaker Smith, and Lie
utenant Governor Smith. The
first week found these parties
flexing their muscles and vying
for backing. Governor Maddox
opened his campaign with a strong
State of the state address and an
impressive, if not nerve-shat
tering, budget message asking for
over $870,000,000, an in
crease of over $100,000,000.00
of any previous budget for the
state. Speaker Smith led out
with his criminal code revision
bill which passed the House of
Representatives, but witn many
amendments. Lieutenant Gov
ernor Smith, s o far, has led off
with his attack on the Governor’s
fiscal program. It is my op
inion that the senators and re
presentatives and the citizens of
the State of Georgia are the
THE
HUB
DRIVE-IN
THEATRE
PHONE 786-9484
THURS.-FRI.-JAN. 18-19
DOUBLE FEATURE
•‘The Flim-Flam Man”
(Color) with Leo Scott and
Sue Lyon
ALSO
‘‘C’mon Let’s Live A Little”
(Color) with Bobby Vee
SATURDAY-JAN. 20th
DOUBLE FEATURE
•‘The Hills Run Red”
(Color) with Dan Duryea
and Tab Hunter
A LSO: “To Kill A Dragon’ ’
(Color) with Jack Palance
and Aldo Ray
SUN.-MON.-TUES.
JAN 21-22-23
HURRY
SUNDOO
MNAVISION'- TECHNCOIW • A PAMMOUN' AEIEASt |SK>
STARTING WED. JAN. 24th
‘‘Two For The Road”
(Color) with Albert Finney
and Audrey Hepburn
ALSO:
‘‘You’ve Got To Be Smart”
(Color) with Mamie Van Doren
THE COmPTROUER OF THE [URRERCV • UMTED SUITES TRERSURV
COPY FOR THE PRINTER
THIS COPY SHOULD NOT BE PREPARED BEFORE COMPLETION OF REPORT OF CONDITION
Call No. 464 Charter No. 1 48 National Bank Kegion No.
REPORT OF CONDITION OF THE First National Bank of OF
Newton County
IN THE STATE OF Georgia .AT THE CLOSE OF BUSINESS ON ”' ' nl < r 1967
PUBLISHED IN RESPONSE TO CALI. MADE BY COMPTROLLER OF THE CURRENCY,
UNDER SECTION 5211, U. S. REVISED STATUTES
ASSETS ‘T- 1
. . . . I LU d oi/ 1H 1
1. Cash, balances with other banks, and cash items m process of collection | ----- -
2. United States Government obligations
— Hunt'
I
3. Obligations of States and political subdivisions i gqtj ggy
4. Securities of Federal agencies and corporations. ► --
5. Other Securities
6. Federal funds sold and Securities purchased under agreements to resell >()3 (>‘)7 16
7. Loans and discounts 111 59] 4 1
8 Bank premises, furniture and fixtures, and other assets representing bank premises
... none 9
9 Real estate owned other than bank premises none
10. Customers’ liability to th^bankjOn acceptances outstanding 102 156 06
11. Other assets, including J • ' direct lease financing ^i |g j U
12. Total Assets
LIABILITIES 1 712 259 l 2 I
13. Demand deposits of individuals, partnerships, and corporations ] SU] 758 99 '
14 Time and savings deposits of individuals, partnerships, and corporations . ()U5 05
15. Deposits of United States Government t ^ |(2 ’ q 2
16. Deposits of States and political subdivisions
17. Deposits of foreign governments and official institutions, central banks and international none
n 9 fle 18
18. Deposits of commercial banka
19. Certified and officers'checks, etc. 639 185.30
• • ’ । 20
20. Total DrmsiTs 1,860,989.29 ' (o)
(a) Total demand deposits ♦ -—
(6) Total time and savings deposits 1 12 12 none'
21. Federal funds purchased and securities sold under agreements to repurchase ' none'
22. Liabilities for borrowed money linin '
23. Acceptances executed by or for account of this bank and outstanding
24. Other liabilities, including « none mortgages and other liens on bank premises: I none]
and other real estate s (, ^1 'ms’ ill ' ’
M Total LUMUM*
CAPITAL ACCOUNTS
nunc .’6 (fl)
26. (fl) Capital notes and debentures
none] I lh]
(b) Preferred stock—total par value
. none
No. shares outstanding — — ir n nnn nn •
(c) Common stoek-toUl par
No. shares authorized ,
No. shares outstanding 115 000 00
27. Surplus ' ln i ( 272 (, |
28. Undivided profits ' ]5 ()Q0 00
29 Reserve, | 38U 2 72 61 M
3o Total capital Acccn mw | 1/ 11 ■ ■. ,; ') 1 :
31 Total Liabilities and Capital Aivoi nts
MEMORANDA , l(11 70() 62
32. Average of total deposit! for the 15 calendar days ending with call date / I9U ‘6Ol Bft
33. Average of total loans for the 1"> calendar days ending with call date ' (' ! (45 3^5 9(4
34. Loans as shown above are after deduction of valuation reserves of
st Securities as shown above are after deduction of valuation merves of | j I n ne | **
J. E. Dickens, Jr. t o f the above named bank do hereby declare
I E '* • u,hor,r * l NtNWt) A
that this report of condition ’s true’and correct to the best of my knowledge and Mi*<\ // I
A t
Wp the undersigned directors attest the correctness of this report of rondlfion an<Tderlare that it h»< Ween examined bj
w 'to the best of our knowledge and buliw it tm «Ul uanwl J. E. Jr.
* Directors
i - - - -—»
(Best Coverage: News, Pictures, and Features)
ones who will be caught in the
middle of this three-way fight.
The House of Representatives
started regular business immed
iately upon convening on Monday,
and immediately took up the
criminal code. This bill was
debated and acted upon for three
days, and finally passed. Your
representative found many flaws
in this bill and offered some ten
amendments thereto of which the
majority were accepted by the
House and made a part of the
bill. The bill, however, when
passed still retained many errors
and defects and was in no way
suitable for an affirmative vote
by your representative.
On Thursday the speed timer
bill was once again brought up,
and this bill, also greatly am
ended, passed the House, but it
still faces strong opposition from
the Governor’s office. Governor
Maddox vetoed this bill last year.
On Friday a bill to set up the
use of reflectorized tags was pas
sed, this being a part of the safe
ty package for “Safety on Our
Highways”.
Your representative feels very
strongly at this time that the
public school teachers of our
state should receive the remain
der of their salary increase which
was promised them last year; and
their being sufficient funds within
the present tax structure without
increasing taxes to finance this,
he pledges to support and vote
for this measure. Your repre
sentative will have to take a
very critical look at the appro
priations budget submitted by
MOONLIT
DRIVE-IN
CONYERS, GEORGIA
Th«rs.-Fri., Jan. 18-1 Y
Don Knotts
"THE RELUCTANT
ASTRONAUT”
Technicolor
Saturday, January 20
Doug McClure-Jill St. John
Guy Stockwell
"KING'S PIRATE"
Technicolor
Also
Martine Beswick-Edina Ronay
Michael Latimer
"PREHISTORIC WOMEN"
In Color
Sunday, Jan. 21
Hugh O'Brian-John Mills
"AFRICA - TEXAS STYLE"
In Color
Also
Doug McClure - Jill St. John
Guy Stockwell
"KING'S PIRATE"
Technicolor
M o nday-Tueeday-W edneMtay
CLOSED
Thursday-Friday. Jan. 25-26
John Cassavetes-Beverly Adams
"DEVEL'S ANGELS"
In Color
12,000th Atlanta Areo Boy Scout
*
pF txiKa - J|||.
•r J 1
A B JI
M JI Jr
'1 V
i • Aw-* < w * m
12 000th BOY SCOUT in the Atlanta Area Council Boy Scouts of America is a Porterdale youth, Danny
Walden (right). Danny is a member of Porterdale Troop 207. He is shown above with Wayne Hailey
(left), who recruited him, and his Scoutmaster in 1967 Aubrey Barnes. Walden will officially conduct
the opening ceremony of the Council Recognition Dinner in Atlanta in February at the Atlanta Civic
Center. _
the Governor, or any bill which
should be submitted by the Ap
propriations Committee, to as
certain if the additional expend
itures therein would require a
tax increase to finance same. He
feels that at this time the people
of Newton County and the State
of Georgia are tax conscious and
weary of multiple increasing
taxes. Any tax increase, before
receiving consideration, would
have to show a corresponding re
lief of the pressure of taxes at
STRAND
THEATRE
COVINGTON, GEORGIA
Thursd oy-Friday-Saturday
January IS, 19, 20
Frank Sinatra in
"TONY ROME"
Special Matinee for Children
Saturday 3:30
"SMOKY"
Sunday-Monday-Tuesday
January 21, 22, 23
Sean Connery in
"YOU ONLY LIVE TWICE"
Wednesday thru Saturday
January 24-27
Lee Marvin-Angie Dickenson
"POINT BLANK"
local levels. And such relief
would have to be assured by app
ropriate companion legislation.
THE
CHATTER
have sent their young people
here because. . .well, we think
for two reasons. . .not only the
fine minds these young people
develop, to the extend that any
college is proud to accept them
as students. . .but the Christian
influence which permeates the
very atmosphere of this institu
tion of learning. Yes, you may
be sure your young people will
be guided in such away that they
will be fine citizens in any com
munity. . .They will be able to
help build better communities in
which to live. They will be fit
ted for the best lives possible,
radiating the spiritual atmos
phere which is contagious, wh
erever they go for higher edu
cation, and in future homes.
The 24th is the day of the Da
mes of the Court of Honor meet
ing in Atlanta at the Woman’s
Club. . .and the 26th, Atlanta
. . .well invitations have been
issued for a tour of the new
Governors Mansion. Os cour
se, in our busy city there will
be many more Club meetings,
both Civic and Patriotic. . .
One’s time is completely filled
in this County, with their own
activities, and with the activit
ies of the young people. Newton
County truly produces some of
the finest young people in the
Nation. . .and are we proud of
them! Just, for instance, look
at the Rams! They have made
History for Newton Hi. . .this
year! Look at our Newton Hi-
Band! Brother. . .it’s the finest
in . . .(shall I say) THE LAND!
Again, I say, one of the inspir
ations of a life time, was to sit
at their banquet (we are talking
about the Rams again) and listen
to those young people speaking!
We hope all of them will decide
to make Newton County their
home when they finish College!
We are proud of the homes from
which these young men came!
Miss Ida Thompson, one of our
very favorite people, is back
home now, at Brookwood Apts.,
after spending sometime in At
lanta, during and after Christ
mas, with relatives. She is al
ways greatly missed, and all
welcome her home with open
arms.
There has been much sorrow
within our community recently.
It is not easy to give up a loved
one, even when we stop to rea
lize that this is God’s plan of
life. We extend our heartfelt
sympathy to each one who has
had a sorrow. . .and especially
to Mrs. Bill Vaughn and her fine
son, in the sudden passing of
their husband and father. May
that Peace and Perfect under
standing, which passeth all un
derstanding, surround the ones
in sorrow. The sad part is that
we, as individuals, so yearn to
take those we love within our
arms. . .brush away the tears,
the lonely hours of missing lo
ved ones, and the days of re
adjustment. . .but that is not
within our power. However,
there is one, who can do just
this, if we open the doors of
our hearts widely and listen. . .
feel. . .and obey His every com
mand. Some will say to you. . .
‘‘Don’t cry!” That is unnat
ural! Does the Bible not say:
‘‘Jesus Wept!” Tears are our
blessed release. . .but we must
soon wipe them away and let
HIM be our guide day by day
. . .as he would wish.
Opps! That broom comes my
way. . .1 better be doin’ my job
of. . .Jest “Sweeping Up.”
DOUBLE SPACE
It’s often possible to double
the available living area In your
home through attic or basement
remodeling. For example: —
the conversion of an attic into
a “dormitory” for school-age
children. According to the Sou
thern Pine Association, dingy at
tic or basement areas can be
transformed into bright new
rooms largely by adding fin
ishing materials, such as wood
paneling, to existing structures
or surfaces.
THE COVINGTON NEWS
Temperatures
High Low
Wed., Jan. 10th 36 30
Thurs., Jan. 11th 36 29
Fri., Jan. 12th 30 24
Sat., Jan. 13th 30 25
Sun., Jan. 14th 31 21
Mon., Jan. 15th 39 22
Tues., Jan. 16th 48 24
Rain-Sleet-Snow—l.sl inches.
WHY PRUNE
Almost all shrubs in your yard
require pruning. Gerald E. Sm
ith, horticulturist with the Uni
versity of Georgia Cooperative
Extension Service, points out that
pruning helps produce attractive,
well-formed, compact plants.
COOK - VINING
INSCRANCE ACENCV
INVITES YOU TO COMPARE
YOUR REPLACEMENT COST
WITH YOUR INSURANCE COVERAGE
1118 Brown Street S.W. Telephone
Covington, Georgia 786-7088-9
Save Now On
Plymouth!
Er 1 mi BQ ■ ir< I
'
Wm-Vou-Over Spec -al B ioaCudA Sport# fastb.i' k
Win-You-Over Barracuda Special includes all of the following roof (choice of 3 colors) ■ Chrome-plated grille insert ■ Red
equipment at our special reduced price. Barracuda Hardtop: reflective tape on deck lid ■ Deluxe wheel covers ■ Simulated
■ Floor-mounted shift lever (HURST for manual; console for wood-grain steering wheel ■ Custom sill moldings o Accent
automatic transmission) ■ White Streak Wide Oval tires • Vinyl striping ■ It's all included at a price you can't resist!
ANDTHE BEAT GOES ON RP
WALKER HARRIS AUTOS « Highway 278 East
X - - AUTHORIZ6O DEALERS CHRYSLER
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(Our Advertisers Are Assured of Best Results)
INDUSTRIAL ADVANTAGES OF
NEWTON IN WALL ST. JOURNAL
A half-page advertisement in
the January 15th issue of The
Wall Street Journal featured
Newton County and Covington and
the industrial advantages offered
to industry. It specifically stated
the reasons given bv Hercules for
that firm locating their $50,000,-
000 plant here. The ad was spon
sored and prepared by the Geor-
245 New Plants And Expansions
A record $364,881,500 capital
Investment in new plants and plant
expansions was made in 1967
by 245 Industries on Georgia Po
wer Company lines, Joe B. Brow
der, vice president, announced
this week.
This compares with 281 new
and expanded Industries in 1966
with a capital investment of
$334,254,000.
The 1967 total is comprised
of 104 new Industries with a
combined Investment of $170,-
595,000 and 141 existing indus
tries which invested $194,286,-
500 to expand their facilities.
During 1966, a total of 124
new industries, representing a
capital investment of $201,152,-
000, located on the company’s
lines, and 157 existing indus-
t 5 W7
• MT?
"I'm freezing some worms for
next summer.”
to
gla Department of Industry and
Trade.
A five-line, bold type heading
stated “Our Plans Look Beyond
Today To Tomorrow’s Growth.
Newton County, Georgia, Met All
Our Requirements.. .And More.”
Information given In the ad by
Paul Johnstone, General Manager
Fibers and Film Department, st
ated:
tries expanded their operations
at a cost of $133,102,000.
The new and expanded units
of 1967 will employ 13,990 Ge
orgians at annual wages of $62,-
796,700. New manufacturing pl
ants and additions during 1966
provided 20,293 jobs at annual
wages of $85,525,710.
All facilities as reported by
the power company are manu
facturing or processing plants,
each with a minimum capital
investment of $50,000 and em
ploying at least 10 persons.
See the folks whose business it is to help you
buy one with the least delay and the lowest
cost through the help of a well-planned
mortgage loan. Henry James
newton 0 "^
FEDERAL SAVINGS
and Loan Association
1182 Washington St. SW 786-7088 Covington
Why did Hercules choose a
Georgia site for a new Herculon
olefin fiber plant costing more
than SSO million? Listen to Paul
Johnstone, general manager, Fi
bers & Film Department, and a
Hercules director. “In seeking
a plant location we were faced
by a number of stringent require
ments. Modern, high-speed high
way transportation to our textile
and carpet customers of the South
was of utmost importance.
A good labor supply was Im
perative. Water supply had tobe
adequate, as did electric power.
We found all these and more in
Newton County, Georgia. We
found quickly, too.that Georgia of
fered a favorable climate for in
dustry—not just good weather but
also local cooperation. The Ge
orgia Department of Industry &
Traae has been tremendously
helpful, and the people of Newton
County have made us feel more
than welcome.
Now, three of our Company’s
principal U. S. plants are in Ge
orgia, and we are confident that
they face a bright future.” Per
haps a Georgia location belongs
in your Company’s expanding fu
ture. Write for further facts
today. Find out all we can do
to help you GO AHEAD -GO
GEORGIA.
Page 7