Newspaper Page Text
8
it The Summerville News, Thursday, March 14, 1963
Legal Notices
All creditors of the Estate of
Willie Miles Broyles, late of
Chattooga County, deceased, are
hereby notified to render in their
demands to the undersigned ac
. cording to law, and all persons
Indebted to said estate are re
quired to make immediate pay
ment.
This 19th day of February, 1963.
Fannie Mae Broyles, Ex- J
ector of the Estate of j
Willie Miles Broyles, Sum- \
merville, Georgia or c/o
Thomas J. Espy, Jr., At
torney, Summerville, Ga.
3-14 p
STATE OF GEORGIA
COUNTY OF CHATTOOGA
TO THE SUPERIOR COURT OF
SAID COUNTY:
The petition of CHATTOOGA
MILLS, INC. respectfully shows:
1.
r That petitioner is a corpora-!
[tion duly chartered by this
(court on the 30th day of May,
J 1952.
2.
t That petitioner now desires to
(surrender its charter and fran-
Sehises to the State of Georgia'
jand be dissolved as a corpora
: tion.
j 3
! That such dissolution may be
• allowed without injustice to any
{.stockholder or to any person
• having any claim or demand of
any character against said cor
poration.
4
That petitioner has arranged
or has provided for the payment
of every debt, demand, or obli
gation owed by it to any person
for the distribution of its assets
to its stockholders.
5.
That at a meeting of its
shareholders held on November
16. 1959, at which all the out
standing stock of the corpora
tion was represented and which
was held pursuant to the call
of the directors, a resolution
was unanimously adopted upon
the recommendation of the dl- '
rectors by the affirmative vote
of the entire capital stock re
solving that the corporation
surrender its charter and fran
tchlses and be dissolved, and
I ratifying a resolution of the
[directors to that effect. A duly
[certified copy of the resolution
•and the resolution of the direc-;
• tors which was ratified by the
[stockholders is attached hereto
[and identified as Exhibit “A”.
L 6
* WHEREFORE, petitioner prays
that an order and decree be
entered accepting the surrender
of Its charter and franchises
and dissolving it as a corpora
tion.
CHATTOOGA MILLS, INC. ’
/s/ Elizabeth I’. Sturdivant I
President
King & Spalding
434 Trust Company of Georgia
Building
Atlanta 3. Georgia
Attorneys at Law
EXHIBIT "A”
I, IRWIN G. THOMAS. Score- :
tary of Chattooga Mills, Inc.
hereby certify that the following j
is a true and correct copy of the:,
resolution duly adopted by the '
directors of Chattooga Mills, ,
Inc. on November 16, 1939 and '
a true and correct copy of the
resolution adopted by the share- 1
holders at a special meeting on j
November 16. 1959 by the unan- ;,
imous vote of all of the capital ;
stock of the corporation:
DIRECTORS' RESOLUTION
“RESOLVED that this Board .
recommend to the stockholders ,
of this Company its complete ,
liquidation by the payment of ,
a liquidating dividend of $70,-'
000 00 pro rata among the [
holders of its stock of record as j
of November 16. 1959, said divi- (
dend to be paid on or before
December 2, IM9, and unit
this Board also recommend the '
windmv up of the affairs of the ‘
Company by its officers and di- '
rectors, including the payment ,
of all liabilities and the collec
tion of all obligations owing to
the Company and the payment
of a final liquidating dividend
upon the completion of such
winding up of the Company's
affairs, all said payments of
liquidating dividends to be made
only upon the surrender and
cancellation of the Issued and
outstanding shares of the Com
pany bv its stockholders.
FURTHER RESOLVED that
this Board recommend to the
stockholders in connection with
said liquidation that this Com
pany's charter be surrendered
and that its officers, directors
and attorneys be authorized to
take such steps as may be nec
essary to secure a dissolution of
the Company's charter
FURTHER RESOLVED that
the Secretary of this Company
call a meeting of its stock
holders to be held on November
28. 1959, at the office of Mont
gomery Knitting Mill, in Sum
merville, Georgia, commencing
at 10:00 pm. to consider the
proposal of the Board of Direc
tors for liquidation as contained
in the foregoing resolutions,
provided that such meeting may
be held at any time prior to said
date if all stockholders of rec
ord consent and waive notic< of
Du Umi place and purpose of
said meeting ”
STOCK HOLDERS'
RESOLUTION
“RESOLVED that this Com
pany enter into a plan of liqui
► a nullmed the rtsulu
wn of the Board of Directors
Adopted a,t the meeting held on
Novtmber 16, 1969, which reso-,
I lution Is hereby ratified, adopted
■ and confirmed, and
') FURTHER RESOLVED that
[the officers, directors and at
| torneys for the Company be and
they are hereby authorized and
directed to put into effect im
mediately the provisions of the
resolution of the Board of Dl-
I rectors recommending the liqui
dation of this Company and the
dissolution of its charter.”
This 14th day of February,
1963.
Irwin O. Thomas
Secretary
ORDER OF DISSOLUTION
AND SURRENDER
The within and foregoing
' petition for dissolution and sur
i render of the corporate charter
of Chattooga Mills, Inc. read
; and considered, the same Is
: hereby sanctioned and ordered
! filed. ‘
It appearing that the petition
is within the purview and in
ention of the laws of this State.
It is ordered and adjudged
that Chattooga Mills, Inc. be
; and the same is dissolved and
! its corporate charter is hereby
surrendered.
This 15th day of February,
1963.
/s/ Samuel W. Fariss
Judge, Superior Court,
Lookout Mountain Circuit
3-14 c
GEORGIA, Chattooga County
WHEREAS, IRA POLLARD,
did on the 17th day September,
1955, make and execute to Col
lateral Investment Company, a
; corporation organized under the
laws of Alabama, a certain Se
icurity Deed of Seven -Thou
sand Four-Hundred Fifty and
No/lOOths (7,450.00) Dollars,!
[ which deed was duly recorded
|in the office of the Clerk of
Superior Court of Chattooga
County, Georgia, in Deed Book
62, Page 427, which was trans
ferred from Collateral Invest
[ ment Company to North Caro
[lina Mutual Life Insurance
; Company, which transfer was
recorded in Deed Book 63. Page
458, of the Deed Records of
Chattooea County, Georgia.
WHEREAS, the said Ira Pol
lard, has defaulted in the pay
■ment of the monthly install
ments of Forty-One and Forty-
Two/10()ths <541421 Dollars,
principal and interest, and
WHEREAS, because of said
default and in accordance with;
the terms and stipulations con
tained in the aforesaid Security
Deed, said Collateral Invest
ment Company has declared the
whole indebtedness as described
in said Security Deed, due and
. payable.
NOW THEREFORE, in accord
ance with the terms and stipu
lations as contained in the Se
curity Deed, the undersigned, as
Attorney in Fact for Ira Pollard.
| will sell at public outcry on the
first Tuesday in April next, be
i fore the Courthouse door of said
[County, during the legal hours
of sale, to the highest bidder
for cash, the following described
property, to-wit:
All that tract, or parcel of land
situated, lying and being in the
City of Summerville in Land Lot
50 of the 6th District, 4th Sec
tion, Chattooga County, Geor- j
gia, and being more particularly
described as follows: BEGIN
NING at an iron pin on the
southwesterly corner of Allred
Street and Sitton Avenue and
running thence west along the
south side of Sitton Avenue one
hundred fifty <150) feet to a
stake: running thence south one
hundred forty (140) feet to a
stake; running thence east
parallel to the south side of
Sitton Avenue a distance of one
hundred sixty three and five
tenths (163.5) feet to an iron
pin on the west side of Allred
Street; running thence north;
and northwesterly following the !
curve of the west and south- I
westerly side of Allred Street to
the south side of Sitton Avenue
and the point of BEGINNING.
A sufficient conveyance of
said premises in Fee Simple will
be executed and delivered to the
purchaser at the sale, in accord
ance with the provisions con
tained in said Security Deed.
This 7th day of March, 1963
NORTH CAROLINA MUTUAL
LIFE INSURANCE COMPANY
Attorney in Fact for IRA
POU ARD. by HAMILTON. AN
DERSON * MINGE, By Gary
Hamilton. Attorney for North
Carolina Mutual Life Insurance
Com pany
March 7. 14. 21. and 28. 3-28 p
GEORGIA Chattooga County.
To All to Whom it May Concern:
Thomas J. Fspy. Jr. having, in
proper form, applied to me for
Permanent Letters of Admini
stration on the estate of Jesse
J Underwood, late of said Coun
ty. tins is to cite all and singular
the creditors and next of kin of
Jesse J Underwood to be and
appear at my office within the
time allowed by law. and show
cause, if any they can. why per
manent administration should
not be granted to Thomas J
I spy, Jr. on Jesse J. Underwood's
Witness my hand and official
signature, this 4th day of March.
1963.
Paul B Weems, Ordinary
3-28 c
GEORGIA. Chattooga County,
COURT OF ORDINARY'
March 4. 1963
The appraisers upon applica
, tion of DOROTHY LOUISE
ADAMS widow of WILLARD
EDGAR ADAMS for a twelve
months’ support for herself hav
ing filed their return; all per
sons concerned hereby are cited
to show cause, if any they have,
! at the next regular April term of
[this court, why said application
should not be granted.
Paul B. Weems, Ordinary
3-28 c
CHATTOOGA COURT OF
ORDINARY At Chambers.
March 4, 1963
The appraisers upon applica
tion of Emma Powell widow of
said Robert Lee Powell for a
twelve month’s support for her
self and, having filed their re
turn; all persons concerned here
by are cited to show cause, if
any they have, at the next regu
lar April, 1963 term of this
I court, why said application
should not be granted.
Paul B. Weems, Ordinary
3-28 c
CITATION DISMISSION
OF EXECUTORSHIP
GEORGIA, Chattooga County,
Whereas, THE FIRST NA
TIONAL BANK OF ROME, Ex
ecutor of the last will of GIL
BERT S. HOLLAND, represents
to the Court, in his petition,
duly filed and entered on record,
that he has fully administered
GILBERT S. HOLLAND estate:
This is therefore to cite all per
sons concerned, kindred and
creditors, to show cause, if any [
they can, why said Executor
should not be discharged from
his administration, and receive
Letters of Dismission, on the
first Monday in April, 1963.
Paul B. Weems, Ordinary
3-28 c
NOTICE TO DEBTORS
AND CREDITORS
GEORGIA, Chattooga County:
All creditors of the estate of
John William Tripp, late of said ,
County, deceased, are hereby ।
notified to render their de- '
mands to the undersigned ac- i
cording to law, and all persons
indebted to said estate are re
quired to make immediate pay
ment to me.
This 12th day of March, 1963.
SARAH LEONA HENCELY
Administratrix of the Estate
of John William Tripp, de
ceased
F 11. Boney
Attorney at Law
Summerville, Georgia 4-4 c
GEORGIA, Chattooga County
All creditors of the estate of
Adin Greenwood Wimpee, de-;
ceased, late of Chattooga Coun
ty, are hereby notified to render,
in their demands to the under-;
signed according to law, and all
persons indebted to said estate !
are required to make immediate :
payment to me.
This 12th day of March. 1963.
MRS. SARAH H. JACKSON,
Administratrix of Estate of I
Adin Greenwood Wimpee,
deceased 4-4 c .
GEORGIA, Chattooga County
All creditors of the estate of
Sam S. Barry, deceased, late of
Chattooga County, are hereby
notified to render in their de
mands to the undersigned ac
cording to law. and all persons
indebted to .‘aid estate are re
quired to make Immediate pay
ment to us.
This 12th day of March. 1963.
CLAUDE W BARRY and
JAMES W. BARRY.
Executors under will of Sam
S. Barry, deceased 4-4 c
GEORGIA, Chattooga County
All creditors of the estate of
Mrs. Lula Kimbell Logan, de
ceased. late of Chattooga Coun
ty, are hereby notified to ren
der in their demands to the
undersigned according to law.
and all persons indebted to said
estate are required to make im
mediate payment to me.
This 12th day of March. 1963.
MRS KATHI EEN LOGAN
PHILLIPS. Executrix under
will of Mrs. Lula Kimbell
Logan, deceased 4-4 c
Scholarships
To Berry
Announced
President John R Bertrand,
of Berry College, has announced
31 new scholarships which will
be available to Berry College ।
students for the next academic ।
year.
Approximately 15 Emory F
and Kate A Mitchell Scholar
ships and approximately 15 L.;
Elizabeth P Griggs Memorial
Scholarships will be awarded
annually beginning next fall to ।
worthy entering freshmen.
These freshman-year scholar- |
ships will average about SIOO per I
quarter. Dr Bertrand said, but
they may vary from S2O up to
S2OO per quarter depending
upon the proven financial need
of the selected students.
The scholarship holders will
be selected upon the basis of
leadership ability, scholastic ,
promise, character and person
ality. The awards will be made
by a committee consisting of
President Bertrand: Dr. John R.
Timmerman, academic dean:
E B Hatcher, dean of students,
and Frank Campbell, director of
admissions
Further information about the
scholarships and applications
for them may be obtained by
writing the director of admis
sions. Berry College, Mount
Berry, Ga.
Small Watershed Programs
And How They Aid Counties
Question —I see a lot of news
paper stories about small water
shed work. Just what is a water
shed?
Answer—You live in a water
shed. We all live and work in a
watershed. Where does the
water in a stream come from?
It comes from the land arouqd
it. All of the land that sheds its
water into that stream is the
steram’s watershed. A large
river watershed is made up of
many small watersheds. It's a
combination of the watersheds
of all the streams running into
it.
Question— Why do we hear
and see so much about water
sheds now?
Answer—ln 1954, the Congress
of the United States passed the
Watershed Protection and Flood
Prevention Act. (Public Law
566». This act authorizes Fed
eral financial and technical as
sistance to local organizations
in conserving and developing
the natural resources in a
watershed.
Question What type of help
is available?
Answer —First, there is help
in planning eevrything that is
needed for resource develop
ment in any watershed area
containing less than 250,000
acres. The law limits small
watershed projects to creek or
small river-size watersheds of
less than 250,000 acres. Trained
engineers, geologists, foresters,
and soil scientists are available
from USDA to help local organ
izations develop a plan for the
conservation and use of such
natural resources as soil, water,
and forests in the watershed.
This plan would include as
sistance to all land-owners for
improving their social and water
conservation program on their
individual farms. Also included
would be group projects for
dams to store water for flood
prevention; for use in irrigating
crops; municipal use; for pro
duction of fish and ducks; and
for channels to prevent flood
damage and for drainage.
Question How does the State
Government fit into this?
Answer—the law requires that
each application for Federal as
sistance under Public Law 566
be approved by the state’s gov
ernor or his representative.
When the local organization has
developed their plan to improve
the watershed, the governor
must approve their proposal be
fore Federal help is available. '
vguestion — How many local
organizations have applied for
assistance on watershed proj
ects in Georgia?
Answer -The State Soil Con
servation Committee has re
ceived 116 applications. These
are from every section of the
state.
Questoin —Are County Com
missioners the sponsoring or
ganization on any of these proj
ects?
Answer—The county commis
sioners are one of the spon
soring organizations on prac
tically all of the 116 proposed
watershed projects.
Question What are some of
the ways the county govern
ment can benefit from a water-
, TOTAL INSURANCE IN FORCE $2,455,202,638.00
1962 Increase in Insurance in Force 193,917,792.00*
TOTAL RESOURCES.. 393,581.206.17
1962 Increase in Resources 35,177,152.00*
♦Excluding insurance and assets obtained from Forest Lawn Life Insurance Company
FINANCIAL STATEMENT DECEMBER 31, 1962
RESOURCES
Guaranteed and Insured Real Estate
Mortgages $220,398,791.98
U. S. Government Bonds and Notes 55,130,744.58
Total U. S. Obligations $275,529,536.56
Other Real Estate Mortgages 23,775,421.45
Public Utility Bonds 18,343[863.62
z —x ■ j r~t r-i r - I I - ““l J State and Municipal Bonds 16,139,561.41
(GJ I 1 nAI \ I I r\\ I Other Bonds 34[427J63[30
V \ *—l UJ \ U I *— l L- | Policy Loans 13,964,724.52
XX । —। n \ \' / I I —l I — ,M. Company Occupied Real Estate 2,971,264.10
I 0 I I \ \ i / \V I I Investment Real Estate 1,557,950.68
'—/ 11— Ila i I LJ \ / I Tr cash 2[22L549[u
Stocks 1,437,604.00
e Ml Other Resources 3,212,567,42
IS OUr I r i\\\ T ° tal $393,581,206.17
t OBLIGATIONS AND NET WORTH
ajknfSw Reserves to Guarantee Obligations to
U I U \ / Policyowners $344,365,716.37
J I / Capital and Surplus
. U / I J ! J (5,000,000 Shares $2 par) 41,525,347,94
X. z I I X / LJ O LJ l(ni Total Held for Protection of
Policyowners $385,891,064.31
Securities Valuation Reserve 1,947,978.14
This financial statement is evidence of the size and y Taxes and Miscellaneous Liabilities 5,742,163.72
strength of Liberty National. Total resources of over f Total $393,581,206.17
$393 million hre conservatively invested, and the I'H'
company has over s4l milliqn of capital and surplus h M
to guarantee the fulfillment of its obligations. We I H TTT3 — _ NTAmTrAATAV
are mindful of the confidence placed in us by our t 1-11 -DHd Jtv J. JL IXI A-L 1C JIXI XX | ।
policyowners and pledge our continued efforts to lUiH t t vtn tmct t-d a t->
provide eff-cient honest and reliable service. ’ LIFE INSURANC E COMPANY
FRANK P. SAMFORD, JR. C.L.U.. President
BIRMINGHAM, ALABAMA
ROBERT M. BRIDGES
WILLIAM G. WOODS
JAMES R. DOWDY
shed project?
Answer—A major responsi
bility of all county governing
bodies and maintenance of
roads and bridges. One of the
purposes of a watershed project
is to reduce the floodwater flow
In creeks and small rivers. In
the 1 projects where work has
been done, the county commis
sioners have found that flood
’ damage to roads and bridges
has been greatly reduced. In
some cases, dams have been
used as roadways, thereby elimi
nating a bride.
Question — When floodwater
retaring dams are used as road
ways, how much of the cost does
the county have to pay?
Answer—Dams built to retard
floodwaters are financed with
Federal funds except for the
land easements and rights-of
way. The counties would pay a
small additional cost if the dam
is widened for a roadway.
Question—Are there other
benefits to roads?
Answer — Yes, assistance is
available for sloping and
sodding on road banks and
rights-of-ways to stop erosion
and reduce the cost of main
taining the roads. Also, for flood
prevention and drainage, canals
are included in watershed proj
ects where needed. In flat sec
tions of south Georgia, these
canals reduce road construction
and maintenance costs con
siderably.
Question — You mentioned
dams as a part of these water
shed projects. Can any of the
lakes formed by these dams be
used for county recreational
areas?
Answer — If county govern
ments participate in these struc
tures they can be made into
county park and recreational
areas. Muscogee County com
missioners are obtaining ease
ments and rights-of-way for all
floodwater-retarding structures
in the Bull Creek Watershed in
their county. They plan to make
a county park and recreational
area at each lake formed by
these dams.
Question—Do counties bene
fit from watershed projects in
other ways?
Answer — Everybody benefits
when floods are prevented and
needed conservation measures
are applied on all land in a
watershed.
Farms benefit through better
production of crops, pastures,
forests and wildlife.
City dwellers benefit through
reduced flood damages.
All citizens benefit from re
duced costs of constructing and
maintaining roads.
Plans for watershed projects
must show that benefits will
exceed costs before Federal as
sistance can be approved.
An angler, who had been try
ing to hook something for the
last six hours, was sitting
gloomily at his task, when a
mother and her small son came
along.
“Oh.” cried out the youngster,
“do let me see you catch a fish!”
Addressing the angler the
mother said, severely: “Now,
don’t you catch a fish for him
until he says 'Please!'”
HOLBROOK SERVES
IN WEST PACIFIC
Gene R. Holbrook, boatswain’s
mate third class, USN. son of
Mr. and Mrs. A. J. Holbrook, of
434 North Commerce Street.
Summerville, is serving aboard
the attack aircraft carrier USS
Kitty Hawk, currently on her
first Western Pacific cruise with
the Seventh Fleet.
Kitty Hawk crewmen spent
two weeks at Yokosuka, Japan,
recently when the ship was in
port for repairs.
Boy Scout Delivers Baby
Hamburg, N. Y.—When it be
came evident that an ambulance
would not arrive in time to
take his mother to a hospital,
14-year-old Kurt Knapp, a Boy
Scout, called a doctor and he
directed the youth in delivering
his baby brother.
Later, at a hospital, physi
cians said both Mrs. Knapp and ,
her new baby were doing fine.
NOW GOING ON AT
YOUR OLDS DEALERS
OLDSMOBILE'S
>—
' _____ v
w ' / f I E JMh W
A of
—z
SELL-ABRA TION
OLDSMOBILE DEALERS
CELEBRATE AN AUTOMOTIVE MILESTONE...
7 THE 5,000,000TH ROCKET V-8 ENGINE!
A When the first high-compression
j ' ' ' i Rocket Engine was introduced by
jJB-W - \ Oldsmobile, it virtually rewrote the
. .... book on performance. And, today,
\ the 5-Millionth Rocket adds a bril-
liant new chapter to Oldsmobile’s
continuing story of engineering
leadership! New highs in smooth-
"x, ' ness, unprecedented quietness,
i. sparkling response —the Rocket
delivers them all! That’s why mil
lions of owners agree: There’s still
nothing like a Rocket!
OLDSMOBILE
THERE'S “SOMETHING EXTRA" ABOUT OWNING AN OIDSMOBHE! VISIT YOUR IOCAI AUTHORIZED QUALITY DEAIERI — -
JACKSON CHEVROLET CO., INC., SUMMERVILLE, GEORGIA
»Ww rlt • ‘
H ’ ** - -
ow Jr !
HiL
1 > k
1^ ■■■■
EIGHTH GRADE GIRLS FETED— Here is a scene at a
social held at Chattooga High for Bth grade girls of the
county. Shown (left to righ) are Vicki Smallan, Betty
Joyce Ragland, Wanda Edwards and Cathiyn Maxey.