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REPORT OF CONDITION OF
Chattooga County Bank
OF SUMMERVILLE, IN THE STATE OF GEORGIA, AT THE CLOSE
OF BUSINESS ON DECEMBER 31, 1936.
Assets
Cash, balances with other banks, and cash items in process of
collection .. $ 79,250.92
U. S. Government obligations, direct and fully guaranteed 14,200.00
State, county, and municipal obligations 6,774.60
Loans and discounts 182,053.65
Banking house owned, furniture and fixtures ... 9,500.00
Other real estate owned 14,9<5.22
Other assets 10,869.(2
TOTAL ASSETS $317,624.11
Liabilities and Capital
Deposits of individuals, partnerships, and corporations:
(a) Demand deposits $ 95,992.98
(b) Time deposits evidenced by savings pass books 29,586.26
(c) Other time deposits 26,728.96
U. S. Government and postal savings deposits 19,000.00
State, county, and municipal deposits 7,714.74
Deposits of other banks 40,000.00
TOTAL DEPOSITS $219,022.94
Bills payable, rediscounts, and other liabilities for borrowed mon-
ey (secured by cotton) 32,205.00
Total Liabilities Excluding Capital Account $251,227.94
Capital account:
(a) Capital stock and capital notes and debentures*s6o ( ,ooo.oo
(c) Undivided profits 6,396.17
(e) Total capital account 66,396.17
TOTAL LIABILITIES AND CAPITAL $317,624.11
On Dec. 31, 1936, the required legal reserve against deposits of this bank
was $20,621.85. Assets reported above which were eligible as legal re
serve amounted to $69,690.14.
<*This bank’s capital is represented by $30,000.00 capital notes and deben
tures sold to Reconstruction Finance Corporation and $30,000.00' sold to
public.
Memoranda
Pledged assets (except real estate), rediscounts, and securities
loaned:
(a) U.S. Government obligations, direct and fully guaranteed,
pledged to secure liabilities $ 14,000.00
(b) TOTAL .. 3 14,000.00
Secured and preferred liabilities:
(a) Bills payable, rediscounts, and other liabilties for borrow-
ed money (advance on cotton) $ 32,205.00
(lb) TOTAL 3 32,205100
I, B. W. Farrar; Cashier of the above-named bank, do solemnly swear
that the above statement is true, and that it fully and correctly represents
the true state of the several matters herein contained and set forth, to the
best of my knowledge and belief.
B. W. FARRAR.
JNO. B. WHISNANT
E. S. TAYLOR
W. B. HAIR
Directors
STATE OF GEORGIA, COUNTY OF CHATTOOGA:
Sworn to and subscribed before me this 6th day of January, 1937, and I
hereby certify that I am not an officer or director of this bank.
(My commission expires Oct. 26, 1940.) S. H. GILKESON, N. P.
§3,600,00 PER FAMILY.
In summarizing the progress of
labor for the last twelve months and
giving an idea of what lies in the
future, William Green, president of
the American Federation of Labor,
declared that before industry can
reach capacity production, everyone
who wishes work must have employ
ment and every family must have an
income of at least §3,600.00.
o ■
HOME BUILDING UP.
WASHINGTON. —The number of
new homes built in the first eleven
months of 1936 was 86 per cent,
greater than in the corresponding pe
riod of 1935, according to a depart
ment of labor report. Building of ali
kinds, including repairs and altera
tions, was up 22 per cent.
Women Who Have Pains
Try CARDUI Next Time!
On account of poor nourishment,
many women suffer functional pains
at certain times, and it is for these
that Cardui is offered on the record
of the safe relief it has brought and
the good it has done in helping to
overcome the cause of womanly dis
comfort. Mrs. Cole Young, of Lees
ville, La., writes: “I was suffering
With Irregular ... I had quite a lot
a pain which made me nervous. I
took Cardui and found it helped me
in every way, making me regular
and stopping the pain. This quieted
my nerves, making my health much
better.” ... If Cardui does not bene
fit YOU, consult a physician.
rijkwW—H
g ■' y^, - ■
NOT EVERY ONE can be a compe
tent insurance agent as the business
is so complicated special training is
required on many insurable hazards.
We represent the Hartford Fire In
surance Company. We will gladly
give you prompt and full answers to
any insurance question.
Summerville Insurance Agency
OFFICE: Chattooga County Bank. Telephone 364
BRIEF; VERY BRIEF.
Secretary Roper sees nation’s bus
iness “out of red” in 1936.
Violent deaths in the nation dur
ing holidays reach total of 603.
Japan and Australia finally settle
their trade disagreement.
Freight car and locomotive orders
are the largest since 1929.
William Green sets §3,600 as wage
needed by worker.
Blending of seeds produces a pe
rennial wheat in Canada.
“Hidden” idle not on relief rolls
spurs call for a census.
Christmas retail trade was the
heaviest in years.
U. S. is favorable to parley of all
Pacific powers.
Drastic new setup of federal agen
cies is drafted -by Roosevelt.
President Roosevelt may ask a
broader new neutrality law.
Labor and industry differ over the
scarcity of skilled workers.
Applications for old-age pensions
total so far 22,129,617.
Women in legislatures will be in
creased five to 135 in 1937.
LINKED.
In order to secure greater economy
and efficiency in operation to avoid
“confiscatory” taxes under the 1936
revenue act, the thirty bus line sub
sidiaries of the Greyhound corpora
tion, operating in forty-three states
and Canada, have been linked into
seven closely-knit units.
_ 0
Oldest Trade Union
The Typographical union, organ
ized in 1850, is the oldest national
THE SUMMERVILLE NEWS: THURSDAY, JANUARY 7, 1937.
REPORT OF CONDITION OF
Farmers & Merchants Bank
OF SUMMERVILLE, IN THE STATE OF GEORGIA, AT THE CLOSE
OF BUSINESS ON DECEMBER 31, 1936.
Assets
Cash, balances with other banks, and cash items in process of
collection $198,986.10
U. S. Government obligations, direct and fully guaranteed 187,519.24
State, county, and municipal obligations 17,921.65
Loans and discounts 91,854.54
Banking house owned, furniture and fixtures 7,060.00
Other real estate owned 3,240.00
Other assets 626.67
TOTAL ASSETS $507,208.20
Liabilities and Capital
Deposits of individuals, partnerships, and corporations:
(a) Demand deposits $241,795.36
(b) Other time deposits - 108,303.59
State, county, and municipal deposits -- 116,821.65
Certified and officers’ checks, letters of credit and travelers’
checks sold for cash, and amounts due to Federal Reserve bank
(transit account) 2,722.80
TOTAL DEPOSITS $469,643.40
Dividends declared but not yet payable 1,500.00
Total Liabilities Excluding Capital Account $471,143.40
Capital account:
(a) Capital stock and capital notes and debentures*s2s,ooo.oo
(b) Surplus 5,500.00
(c) Undivided profits 4,944.80
(d) Reserves 620.00
(e) Total capital account 36,064.80
TOTAL LIABILITIES AND CAPITAL $507,208.20
On Dec. 31, 1936, the required legal reserve against deposits of this bank
was $56,616.15. Assets reported above which were eligible as legal re
serve amounted to $469,643.40.
*This bank’s capital is represented by 250 shares of common stock, par
SIOO.C<O per share.
Memoranda
Pledged assets (except real estate), rediscounts, and securities
loaned:
(a) U. S. Government obligations, direct and fully guaranteed,
pledged to secure liabilities $ 13,496.84
(b) Assets deposited with State authorities to qualify for the
exercise of fiduciary or corporate powers, or pledged for
other purposes 10,344.40
(c) TOTAL 3 23,841.24
Secured and preferred liabilities:
(a) Deposits secured by pledged assets pursuant to require
ment of law 3 27,080.76
(b) TOTAL .. 3 27,080.76
I, D. L. McWhorter, cashier of the above-named bank, do solemnly
swear that the above statement is true, and that it fully and correctly rep
resents the true state of the several matters herein contained and set forth,
to the best of my knowledge and belief.
D. L. M’WHORTER.
H. D. BROWN
W. C. STURDIVANT
W. P. SELMAN
Directors.
STATE OF GEORGIA, COUNTY OF CHATTOOGA:
Sworn to and subscribed before me this 6th day of January, 1937, and I
hereby certify that I am not an officer or director of this bank.
(My commission expires Dec. 31, 1940) JNO. S. JONES, Clerk, Sup. Ct.
REPORT OF CONDITION OF
BANK OF TRION
OF TRION, IN THE STATE OF GEORGIA, AT THE CLOSE OF
BUSINESS ON DECEMBER 31, 1936.
Assets
Cash, balances with other banks, and cash items in process of
collection .. • —5129,982.05
'U.S. Government obligations, direct and fully guaranteed 113,275.00
State, county, and municipal obligations 13,658.16
Loans and discounts 75,031.65
Banking house owned, furniture and fixtures 724.40
Other real estate owned 4,746.00
Other assets 11,083.21
TOTAL ASSETS $348,500.41
Liabilities and Capital
Deposits of individuals, partnerships, and corporations:
(a) Demand deposits $158,095.78
(b) Time deposits evidenced by savings pass books, Xmas club 1,197.00
(c) Other deposits 119,969.65
Certified and officers’ checks, letters of credit and travelers’
checks sold for cash, and amounts due to Federal Reserve bank
transit account) 11,877.97
TOTAL DEPOSITS $291,140.40
Total Liabilities Excluding Capital Account $291,140.40
(a) Capital stock and capital notes and debentures*s2s,ooo.oo
(b) Surplus 25,000.00
(c) Undivided profits 5,832.01
(d) Reserves 1,528.60
(e) Total capital account 57,360.01
TOTAL LIABILITIES AND CAPITAL $348,500.41
On Dec. 31, 1936, the required legal reserve against deposits of this bank
was $31,554.38. Assets reported above which w-ere eligible as legal re
serve amounted to $291,140.40.
*This bank’s capital is represented by 500 shares of common stock, par
$50.00 per share.
I, Grady W. Cole, Cashier of the above-named bank, do solemnly swear
that the above statement is true, and that it fully and correctly represents
the true state of the several matters herein contained and set forth, to the
best of my knowledge and belief.
GRADY W. COLE.
J. L. HENDERSON
N. BARNARD MURPHY
J. A. AGNEW
STATE OF GEORGIA, COUNTY OF CHATTOOGA:
Sworn to and subscribed before me this 6th day of January, 1937, and I
hereby certify that I am not an officer or director of this bank.
(My commission expires Dec., 1940.) J. A. HAMMOND, N. P.
COP’S SMILE REWARDED.
DENVER.—Smiling broadly as he
shouted at a pedestrian violating a
traffic regulation, “Get back there,
you!” Patrolman W. E. Scott was
greatly surprised when the offend
er rushed over to him, pressed some
thing into his hand and explained:
“This is the first time a cop ever
bawled me out and smiled about it.”
The “something” was a SIOO bill.
NO OFFENSE MEANT.
TUCSON, Ariz.—. During a trial, a
witness was asked the name of the
mine in which he worked. The wit
ness replied, “Damned If I Know.”
The attorney, angered, repeated the
question and received the same an
swer. Finally the witness explained:
“Judge, that is the name of the mine
—‘Damned If I Know’.”
Mighty City Wall
The mightiest city wall of north
ern Europe encircles the city of
Visby on the Swedish Isle of Got
land. Its towers, moats and ruins
enshrine legends from the early
days of the Viking«>
PETITION FOR DIVORCE.
State of Georgia,
County of Chattooga:
Superior Court, February term, 1937,
No. 13—Wyley Knox vs. Ella Knox.
To Ella Knox, Greetings: By order
of the court you are hereby notified
that on the 6th day of January, 1937,
Wyley Knox filed suit against you
for divorce, returnable to the Feb
ruary term, 1937, of said court.
You are hereby required to be and
appear at the February term, 1937,
of said court to be held on the first
Monday in February, 1937, then and
there to answer the plaintiff’s com
plaint.
Witness the Hon. C. H. Porter,
Judge of said Court this, the 6th
day of January, 1937.
JNO. S. JONES,
Clerk, Superior Court.
Jas. A. Aldred, Atty.
427 Hurt Bldg, Atlanta, Ga.
Branch Roots as Storage
Unlike . most ferns,, the Japanese
climbing fern has braneh rooti
which serve as food storage Organa
-'•?
Lookout Mountain.
Ralph Emerson, of Snead Junior
college, Boaz, spent the hloidays with
his parents, Mr. and Mrs. A. L. Em
erson.
Miss Anna Floyd Culberson, who
is in training at Forrest General hos
pital, Gadsden, spent several days
with her parents, Mr. and Mrs. E. F.
Culberson, recently.
Merlin O’Rear, of Attalla, visited
friends and relatives here Dec. 24.
A. A. Yates, of Fyffe, has purchas
ed and moved into the house former
ly owned by Sam Cash, and Mr. Cash
has moved into a house on the prop
erty of the late R. M. Smith.
Ward O’Rear, of Chattanooga,
spent Christmas with his mother,
Mrs. J. W. O’Rear.
Miss Nora Belle Ledbetter, of Rd.
Mountain, visited Mr. and Mrs. Joe
Cash last week.
Oscar Scott, of Rome, spent the
holidays with his mother here.
Two marriages of interest which
occurred during the Christmas holi
days were those of Jewel Walker and
Ben Smith, who were married at
Fort Payne on Dec. 19, and Lillian
Crowe and Fred Hawkins, of Cloud
land, who were married on Jan. 2 at
Fort Payne.
Misses Grace Cash and Clara Grab
tree spent several days with the lat
ter’s parents, Mr. and Mrs. George
Crabtree, of Poplar Springs, recently.
Mr. and Mrs. Sam McCord, of
Bessemer, were the guests of her
parents, Mr. and Mrs. Fred Jones,
recently.
Mr. and Mrs. Jim Lindsey, of
Chattanooga, were the week - end
guests of W. P. White.
Mrs. Ethel O. Davenport, of Sum
merville, spent several days last
week with relatives here.
Mr. and Mrs. Cully Ford and
daughter, of Collinsville, visited her
mother, Mrs. J. W. O’Rear, last week
Longest Train Ever Worn
The longest train ever worn by a
woman was probably the train on
the gown worn by Catherine the
Great of Russia at her coronation
in 1762. This was 225 feet in length
and required 50 train bearers to
support it.
Ducks Lead to Gold Find
Ducks whose gizzards yielded gold
nuggets gave prospectors the clue to
pay-dirt deposits in the Ural moun
tains.— Popular Mechanics Mag
azine.
YOU HAVE GOT TO HAVE MONEY.
Not only today, but tomorrow and tomorrow. Some
day your earnings will drop and you will have to
have an income some other way. If you are not here,
your family will have to have the income.
A Life and Casualty Family Income Plan will give
your family an income if you don’t live and give you
an income if you do.
Wouldn’t you like to know that your wife would
receive a check every month if you should be taken
away and your income stopped?
Complete information furnished without obliga
tion-
M. L. SMITH, Repre.
Summerville, Georgia
LIFE AND CASUALTY INSURANCE COMPANY
Nashville, Tennessee.
Industrial Ordinary
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Better Homes fir Gardens. 1 Yr. The Farm Journal.’.’.'J J JYr
Christian Herald 6 Mos. Good Stories 1Y
Flower Grower ... 6 Mos. Successful Farming '*. ’] Yr
Home Arts—-Needlecraft. 1 Yr. g Southern Agriculturist . 1 Yr
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Hot Springs in Iceland
Iceland is situated at the tail-end
of the Gulf Stream and is therefore
not as cold as its name would
imply. Hot springs are numerous
throughout the island.
o
Good Deed Upon Good Deed
A well-built life is just the laying
up of one grace and good deed upon
another. _
TRION THEATER
Wednesday and Thursday—loc-25c
“DIMPLES”
Shirley Temple, with Frank Mor
gan, Helen Westley, Robert Kent,
A’trid Allwyn and Stepin Fetchit.
We see Shirley in this portrayed as
“Little Eva” of Uncle Tom’s Caibm.
Fun, songs, dances and an old-fash
ioned minstrel show. Shirley’s the
dimpled darling of little old N. Y.
Friday—loc and 25c
Gift Night! Five $lO bills to be
given if names drawn are present.
“SING, BABY, SING”
One of the wow comedy hits of the
year. It has music—it has laughs—
it has a trio of musical clowns, the
Ritz Brothers. Opening with an op
eratic burlesque, there is never a
letdown in laughs. Then there’s Al
ice Faye again as a singing and
dancing star.
Saturday—loc and 25c
“KING OF THE PECOS”
John Wayne rides forth as the
leader of a band of heroes on a just
errand of revenge! Also
“THREE MARRIED MEN”
Dedicated to the proposition that
marriage is a bed of thorns, not
roses, this film is 60 minutes of rol
licking comedy. She laughed when he
got into bed—so he got up and went
home. When the family came in the
door—love flew out the window. With
Roscoe Karns, William Frawley
Lunne Overman, Mary Brian.
Monday—loc and 25c
“MY AMERICAN WIFE”
and
Boob Braswell’s Comedians in an
other big stage comedy. We had them
two weeks ago and now they are here
again in another smash hit.
Tuesday & Wednesday—loc-20c
“THE TEXAS RANGERS”
Fred Mac Murray, Jack Oakie, Jean
Parker, Lloyd Nolan. Here is a show
for everybody! This is the picture you
heard so much about at the Texas
Centennial. It’s a grand picture!
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with your order. Fill out coupon carefully.
Il Gentlemen: I enclose S . Please !
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8 j year’s subscription to your newspaper.
I" NAME —_____ J
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