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Page Two THE CLINTON CHRONICLE, Thursday, May 3, 1953 MAYOR MAKES REPORT ON CITY’S FINANCIAL OPERATIONS^ Your Mayor aiVd Councilmen are entrusted with the successful operation of a one-half million dollar business for the people of Clinton. It is my conviction that the people of Clinton should be informed as to their government and the responsibilities that are entrusted to these elected offic ials. ( 1 I am listing below the activi ties of your municipal govern ment since I have been one of your elected officials. Immediately upon being elect ed Mayor, your elected officials adopted a budget for the opera i tion of the affairs of the Town of Clinton. This was the’first budg et adopted for the town. The “ heads of each department were consulted and they contributed information that permitted the adoption of the first budget. The heads of each department became enthusiastic about the budget and they have been furnished each month a detailed statement as to their department's .relation to the budget. Every department re mained well within the budget during the past fiscal year, oper ating in an efficient manner with a substantial savings within each department. During the fiscal year ending August 31, 1955, the first year your Mayor and Council operated your municipal affairs under an adopted budget, the operating ex penses amounted to $249,825.39; whereas, for the previous year 1954 the operating expenses for the Town of Clinton were $328,- 783 89. This was a saving in one year of $33,958.50. The operat ing expense does not include the bonded indebtedness. Each depratment is operating within the budget for the current fiscal year which is two-thirds gone and ends August 31, 1956. When your present officials took office September 1, 1954, there was cash on hand with the Town Clerk and Treasurer $7.- 828.33 ($5,39743 belonged to the Firemen's Fund and was not an asset of the Town of Clinton. Al so, the Town of Clinton was hold ing in trust $4,301.00. which the Town had collected for the Clin- ton-Newberry Gas Authority. To tal $9,698.43. With only $7,828.33 to pay these trust funds). On Au gust 1, 1955, one year later, the cash position of the Town of Clin ton was $40,170.68. This improv ed cash position was created by efficient operation of your town under a budget system. After paying to the proper agencies the trust funds of $9,- 698.43 from the operating cash surplus, we paid off $15,000.00 of floating indebtedness, which the Town of Clinton borrowed many years ago on open notes paying 3 per cent interest Annually. The Town still owes $15,000.00 on these notes of which we expect to pay all or a major part at the end of this fiscal year if our budget continues to operate on the same basis as the first two- thirds of the year indicates. The other $15.000 00 of operating sur plus for the fiscal y£ar ending August 31, 1955. has been used to purchase' some much needed equipment for the various depart ments. This equipment should pay for itself within a short time savings of labor. During the fiscal year ending August 31. 1955, your Town Council put into operation a Bond Commsision as authorized by the South Carolina Legislature at the request of your Council. The Bond Commission provided for the supervision of the entire bonded indebtedness of the Town of Clinton. All monies collected from the 30 mill tax levy must be turned over to the Bond Com mission as collected and the Bond Commission will have control of these funds and the payment of future bonds aind interest as they mature. Approximately 98 per cent of 1955 taxes have been col lected and the Bond Commission has received the equivalent of 30 mills of these taxes as they w-ere received on a monthly basis. As of September 1, 1955. the Towm of Clinton only had $3,937.90 tax es in arrears. During the fiscal year ending August 31,.1955. the Town of Clinton paid off outstanding bonds in the amount of $263,500.- 00 and interest in the amount of $26,333.75 (during the fiscal year ending August 31, 1955, the Town issued $100,000.00 of refunding bonds in order to assist in the payment of the above referred-to bonds which w f ere due.) Durii»g (The BANKER'S STORY IS SIGNED flyftjfsTlfcODftOwV/tSON, DEC 23,1913... *THIS HISTORIC ACT PRIDED FOR EXPANSION OF THE CREDIT SYSTEM WHEN NECESSARY. TTALSO INTRODUCED MORE . EFFICIENT WAYS FOR CLEARING AND ZOLLECrtNG '.HECKS. THE FEDERAL RESERVE ACT Xhe American banking system is the strongest in the world. We invite all local individuals and business men to make our bank your financial headquarters. 2% INTEREST PAID ON SAVINGS ACCOUNTS SEMI-ANNUALLY iK m. s. mm k S T A B L I s H E D N 18 8 6 CAPITAL AND SURPLUS $625,000 » MEMBER - FIDIRAL DEPOSIT INSURANCE CORPORATION the fiscal year the Town of Clin ton issued $200,000.00 of general obligation electric distribution system improvement bohds. The proceeds of these bonds are to im prove our electric system. This contract will be completed in the early part of June, provided the Westinghouse Electric Company caa supply the materials pur chased from them at an early date. The total outstanding bonded indebtedness of the Town of Clin ton as of September 1, 1955, amounted to $761,000.00. Beginning September 1, 1955, through efficient and cooperative operation from every department we have been able to give the employees of the Town of Clin ton a reasonable increase in wag es and salaries. The last raise or increase of wages that the em ployees had was January 1, 1950. In addition to the above, we have secured a group hospital and life insurance plan for all employees of the Town of Clinton, of w’hich the Town pays the entirO prem ium. The increase in wages and salaries and the hospital and life insurance plan has been included in our current bdget. The South Carolina highway department is in the process of building $75,000.00 worth of side walks and roads without any cost fd| the towm. Since I have been associated with your municipal government the highway depart ment, with the cooperation of your Laurens County Senator and members of the House of Representatives, Clinton has re ceived more aid from the high way department than has ever been received in the history of Clinton. In addition 1 to the above the Laurens County Delegation has assured me that the Town of Clinton is being allocated $25,000 of farm to market roads during the coming years. The borid resolution of the Clinton-Newberry Gas Authority sets forth that the directors shall consist of three members of the Town Council of Clinton and three members of the Town Council of the Town of Newber ry. These six men in turn elect the seventh member. Mr. Walter Regnery is the seventh man and is now serving as chairman. This is a two million dollar business in the hands of your elected officials. When I became a member of this board along with Aldermen Sloan and Layton, representing Clioton^the Clinton- Newberry Ggs Authority had 599 customers. The engineers indi cated that the Authority would need approximately 3,000 custom ers to work itself out. In Sep tember, 1954, the bondholders were quite concerned with the number, of customers and the amount of income as well as the business administration of the Authority. The number of cus tomers has increased to 2,633 as of March 1956 and we will be in a position to make a bond and in terest payment as of June 1, 1956, in the maount of $101,000.00. With better business adminis tration aft4-the-potential-..ot.Jiew- customers during the next heat ing season, we now look with op timism on the probability of the Clinton-Newberry Gas Authority working itself out and becoming an asset to the Town of Clinton when the bonded indebtedness is paid off. This operation will- re quire good business supervision at all times. This is your busi ness; therefore, become interest ed in This Atyhority. (• H. L. ElfcHELBERGER, Mayor HIGH SCHOOL TRACKMEN HERE THIS AFTERNOON Sloan To Attend . ‘. • Safety Conterence In Washington V ' • James P. Sloan, of Clinton, per sonnel manager of Joanna Cotton Mills, has been invited by Presi dent Eisenhower to attend the President’s Cbnference on Occu pational Safety, to be held in Washington. D. C., May 14-16. The purpose of the conference is to save human life and limb and to further known iccidenf preven tion measures and safety education in the plants and on the farms of America. , Sloan will be one of more than 3,000 management, farm, labor, and government leaders on hand to hear the President address the conference on the opening day. Speakers and clinics will dem onstrate successful methods of preventing work injuries in in dustry, agriculture and public service. The three-day conference will include addresses by Secre tary ofr Labor James fc. Mitchell, Secretary of Agriculture Ezra. TafV Benson, Governor Arthur B. Lang- lie, State of Washington, and Le\v- is L. Strauss, chairman of the Atonvfc Energy Commission and will end with a report to Presi dent Eisenhower by Secretary of I Labor Mitchell on the voluntary action required to prevent job accidents wherever people work. In an effort to reduce human suffering, economic loss, and the waste of precious skills resulting from nearly 2,000,000 work in juries each year, President Eisen hower has, for the first time, called upon the entire nation to observe “Job Safety Week” May 13-19. "Hospital Day" Set At Joanna “Hospital Day” will be observ ed next Saturday at Joanna Mem orial hospital. The Health Committee of the Joanna Foundation met recently to make plans for the observance and included in the activities scheduled for the day will be a party given at Joanna club house from 3:30 to 5:00 p. m. for babies born at the Icoal hospital since May 12, 1955. The parents of the babies born since the last big hos pital party have been included in the mvitation, as well as officials of the Foundation and the Joan na Cotton Mills company. Mrs. Lavinia Cooley is chair man of the health committee and Miss Kittie Mae Moseley is ad ministrator of the Joanna Mem- morial hospital. ON DEAN'S LIST Friends here of Mr. and Mrs. Will Allen Addy, of Lakeland, Fla., formerly of Clinton, will be interested to know that their son, George Allen Addy, was on the Dean’s List for the past semester at Florida Southern College, Lakeland, where he is a fresh man. NEWS OF LITTLE BOYS LEAGUE v*’ - The Clinton Little Boys con tinue to have good games at 5:00 p. m. each afternoon. After the first week of practice the stand ings were as follows: ' ' ■ W L Florida St 2 0 Thomwell 2 0 Academy St 1 1 Lydia 0,2 Joanna : 0 2 Gus Folks, big ThornwelF catcher, hit the first home run of the season lakt Friday against Lydia. Bill Campbell of Thorn- well, and Phil King, of Florida Street, are leading in strike-outs. Batting Averages Through May 4 AB H Ave Folk (Thom.) 5 4 .800 Madden (Aca.) 8 5 L .625 Blalodk (FIR.) 5 3 .600 J. Campbell (Thom.) ..5 3 .600 B. Jones (Thom.) 5 3 .600 Davis (Aca.) 7 4 .571 J. Burriss (Thom.) .... 4 2 .500 King (Fla) 5 2 .400 Glenn (Fla.) 5 2 .400 Lanford (Aca.) 8 3 .375 Home Runs—Folk (Thorn.) ITT Strikeouts Campbell (Thom.) — 15, King (Fla.) — 9, Burris (Thom.) — S, Copeland (Fla.)—45, Womble (Aca.) —5, Black, (Lydia)—5. The Pony League will open its season Monday at 3:30 with Academy Street and Florida Street starting the firworks. Tuesday Thomwell meets Joan na, and Wednesday Florida St. meets Lydia. CARD OF THANKS The family of Charlie Lee Sipes, Sr., wishes to express their appreciation for the kindnesses shown them during the illness and at the death of their father and husband. —MRS. FANNIE SIPES AND CHILDREN WITH THE SICK Dr. Felder Smith OPTOMETRIST Phase 7»4 Laurens, S. C. COTTON CORD SUITS $16.50 L B. DILLARD High school trackmen from seven dsitricts will assemble on the Presbyterian college track on CITATION FOR LETTERS OF ADMINISTRATION Tha Stale of South Carolina, County of Lauren*. By J. H. Wasson, Probate Judge: WHF1REAS, Fannie S. Sipes, made suit to me to grant her Let ters of Administration of the Es tate and effects of Charlie L. Sipes These are, therefore, to cite and admonish all and singular the Kindred and Creditors of the said Charlie L. Sipes, deceased, that they be and appear before me, in the Court of Probate, to be held at Laurens Court House, Lau rens, S. C., on May 21, 1956, next, after publication hereof, at 10 o'clock in the forenoon, to show cause, if any they have, why the Thursday afternoon for the Up per State Class A track .and field said Administration should not meet. Action is cheduled to get un derway at 1:30 p. m.* with par ticipants from Districts 1, 2, 3, 4, 10. and 13. be granted. Given under my hand this 3rd day of May, Anno Domini, 1956. J. HEWLETTE WASSON, 2c-17 J. P. L. C. YOUR i tfffflADWRt L PROGRAM .-r> Today and Friday \ Great Musical r ' '-TV? ^-6 M’s **** z.„ • ta«~oim(R Dan DAILEY-Cyd CHARISSE or* PAR BttKID ■ LENA NOME * flANM LAME May 10-11 Monday-Tuesday May 14-15 “ 8/V6 CROSS/ oomd O'CPMOR ' JEN^MAIRE■ hitziGAYtlOR ^HARRIS. <ee the “Frankie and Johnny” Dance COLOR BY TECHNICOLOR cole porter -Robert emmett dolan Robert lew® Starts Wed., May 16, (or 3 Days * May 16-17-18 MIGHTY IN SPECTACLE I Saturday (One Day) May 12 Fury at Gunsight Pass (Western Bank Robbers) With Davkfferian, Richard Long, and Lisa Davis COMEDY “f}AT KING COLE” MUSICAL During our Get Acquainted Week on Mary Grey’s Ny lons these prices will be ef fective on hose: Regular One Pair $1.35 .... $1.15 3 Prs. $3.30 Style 815 $1.65 .... $1.40 3 Prs. $4.05 Style 800 ' A Gift That Mother Will Appreciate Clinton Mills Store PHONE 1580 * o The Story Of Genghis Khan WRESTLING T —Tag Team Match— MR. MOTO and KINJI SHIBUYA —vs.— MIKE PAIDOUSIS and RED BASTEIN ' ' ' t " ~ TWO OTHER STAR BOUTS I SATURDAY MAY 12 — 8 P. M. u ; i < Friends of Mrs. E. E. Cox will re gret to know she Suffered a broken ankle injury and is a patient at Blalock clinic. Robbie Roberts, son of Mr. and Mrs. C. E. Roberts, is a patient at Blalock clinic where he under- wen tan appendectomy this week. Miss Louise Landers and Miss Mildred Young, Yho have been patients at Blalock clinic, were able to return to their homes ear lier In the week. % • - Friends of Mrs. John Ferguson will be interested to know she is a patient at Hays hospital. Miss Shirley AsbiU is a patient at Hays hospital where she under went an operation Tuesday. Patients at Blalock hospital in clude Edward Ray, St., E. Frank Anderson and Mrs. W. D. Gilbert. Jackie Rankin and Susie Cop- pick, of Thomwell, underwent tonsilectomires at Hays hospital yesterday. Patients at Hays hospital in clude Mrs. J. B. Shockley, W. L. Myers of Mountville, Mrs. Reba Haupfear who underwent an op eration, and Roy Trammell and J. Earl Pierce who underwent sur gery Tuesday. ’' * Friends of J. A. Dugan will be interested to know he is a patient at Hoys hospital. A1coholic$ Anofiymous Will Meet Sunday P. M. The Clinton group of Alcoholics will hold their open meeting at the Clinton Health Center build ing on Woodrow ftreet at 2 o’clock Sunday afternoon, May 13. The meetings were formerly held on Saturday^ nights but in the future wilLbe held on Sunday afternoons. ^ _ The public is invited to these meetings, especially anyone in terested in Alcoholics or having. *n alcoholic problem. The program lasts one hour. Now Many Wear FALSE TEETH With Moro Comfort FASTEST!!, s plMsant alkaline (non-acid) powder, holda false teeth more dnnlj. To eat and talk ln more comfort. Just sprinkle a little FAS- TEETH on four plates. No gummy, gooey, paaty taste or feeling. Checks “plate odor” (denture breath). Get FASTESTH at any drug counter. NxniminnMoncwHinniionMMininiiiNHHWiiKiiHMWiiwiniwmmHwwimg WASSON For State Senator Mother's Day CALLS FOR Quality Meats $5.00 Bill In A Fryer Each Day Thursday-Friday-Saturday Each 89 FRESH VA. LARGE CROAKERS >15 c ROUND—SIRLOIN—T-BONE STEAK *59* HOMEMADE ' LIVER PUDDING * 39° FRESH S. C. LARGE EGGS *,49* . Buy 1 Pound-Get 1 Pound Free RED LINK SMOKED SAUSAGE ib 49 c —Open 7:15 A. M.— Pitts Country Market Clinton’s Oldest Meat Market PHONE IN YOUR MEAT ORDER TELEPHONE 98 «K9C>gltBHWtCK!gCKICtt«H1IKK»IKWKK*KXXICKIUOIHICH»!6HI«1IMMiniM*lt J. C. THOMAS SAYS: PAY AS LITTIE AS l 00 DOWN £.3 eur complete selection of fine Graduation Gifts CLINTON J. C. THOMAS, Jewelers Tt’s Time That Counta” JOANNA