McCormick messenger. (McCormick, S.C.) 1902-current, July 22, 1937, Image 8
McCORMICK MESSENGER. McCORMICK. SOUTH CAROLINA Thursday, July 22, 1937
Report of Condition of
THE DORN BANKING COMPANY
of McCormick in the State of South Carolina
at the close of business cn June 30, 1937.
13.
ASSETS
Cash, balances .with other banks, and cash items in pro
cess of collection
Reserve wuth Federal Reserve bank
United States Government obligations, oirect and fully
guaranteed
State, county, and municipal obligations
Other bonds, notes, and debentures
Loans and discounts
Overdrafts
Banking house owned, furniture and fixtures
(Bank’s equity, subject to. None, encumbrances not as
sumed fey bank)
Investments, None, in and advances, None, to company
or nominee holding title to banking house
Other real estate owned
Investments, None, in and advances, None, to companies
or nominees holding other real estate for bank’s benefit.
Customers’ liability to this bank on acceptances executed
by or for the account of this bank
Borrowed recunties (contra)
Other assets: South Carolina Revenue Stamps
$34,133.22
None
2,900.90
92,800.00
None
54,018.00
None
None
None
None
None
None
None
119.80
TOTAL ASSETS $183,071.02
LIABILITIES AND CAPITAL
Deposits of individuals, partnerships, and corporations:
(a) Demand deposits $96,849.67
(b) Time deposits evidenced by savings pass books 6,700.97
(c) Other time deposits 6,304.40
United States Government and postal savings deposits
None
State, county, and municipal deposits 26,398.85
Deposits of other banks None
Certified and officers’ checks, letters of credit and
travelers’ checks sold for cash, and amounts due to Fed
eral Reserve bank (transit account) 488.00
TOTAL DEPOSITS $136,741.89
Mortgages or other obligations on banking house and on
N>ther real estate None
Bills payable, rediscounts, and other liabilities for bor
rowed money _J None
Mortgage bonds and participation certificates outstand
ing None
Acceptances executed by or for the account of this bank
and outstanding N None
Securities borrowed (contra) None
Dividends declared but not yet payable None
Other liabilities None
TOTAL LIABILITIES EXCLUDING CAPITAL ACCOUNT 136,741.89
Capital account:
(a) Capital stock and capital notes and deben-
turesf $25,000.00
(b) Surplus 10,000.00
(c) Undivided profits 11,329.13
(d) Reserves None
(e) Total capital account r 4$,329.13
34.
35.
TOTAL LIABILITIES AND CAPITAL $183,071.02
On June 30, 1937, the required legal reserve against de
posits of this bank was $12,903.23. Assets reported
above which were eligible as legal reserve amounted to
$34,133.22.
Deferred obligations not included among above liabilities,
which are subordinated to claims of depositors and
other creditors, None. L
Undeclared dividends on preferred stock and unpaid in
terest on capital notes and debentures, accrued prior to
end of last dividend or interest period, None.
fThls bank’s capital is represented by. None, capital
notes and debentures sold to Reconstruction Finance
Corporation and, None, sold to public; None, shares of first
preferred stock, par value. None, per share retirable at.
None, per share; None, shares of second preferred stock,
par. None, per share, retirable at, None, per share; and
500 shares of conTmon stock, par $50.00 per share. 11
. MEMORANDA
Pledged assets (except real estate), rediscounts, and se
curities loaned: 1
(a) U. S. Government obligations, direct and fully
guaranteed, pledged to secure liabilities
(b) Other assets (except real estate) pledged to secure
liabilities (including notes and bills rediscounted and
securities sold under repurchase agreement)
(c) Assets deposited with State authorities to qualify for
the exercise of fiduciary or corporate powers, or pledged
for other purposes $12,000.00
(d) Securities loaned to banks, dealers in securities, and
others None
Revival Services To
Be Held At Rahoboth
Baptist Church
July25-30
The annual revival services o'
the Rahoboth Baptist Church will
begin Sunday, July Twenty Fifth,
and continue th v- ough Friday Evan-
ing, July Thirtieth. Services will
begin Sunday morning at eleven
o’clock, and there will be an af
ternoon service Sunday. Week day
services will begin each evening at
eight thirty o’clock. The paster,
Rev. A. D. Croft, will deliver the
messages^ and he will be assisted
by the choir and individuals in
musical selections.
Sunday will be Home Coming
Day at Rahobolti. All members of
the church, both resident and non
resident, are urged to be present.
Visitors and friends are also cor
dially invited. To all members, we
say come home to Rahoboth Sun
day. The morning service will be
gin at eleven o’clock, and there
will be a dinner served on the
grounds, to which we invite ail
present. Come to this, and to all
the services of the revival. We
want to see you among those pres
ent at our services.
A. D. Croft.
None
None
3«.
(e) TOTAL $12,000.00
Secured and preferred liabilities:
(a) Deposits secured by pledged assets pursuant to re
quirement of law $20,400.50
(b) Bills payable, rediscounts, and other liabilities for
borrowed money None
(c) Other liabilities secured by pledged assets None
(d) Deposits preferred under provisions of law but not
secured by pledge of assets 5,988.35
(e) TOTAL $26,398.85
I, P. J. Robinson, 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 oest of my knowledge and belief.
P. J. ROBINSON, Cashier. ,
Correct.—Attest:
M. G. Dorn,
G. J. Sanders, Jr.,
Hanora C. Dorn, Directors.
STATE OF SOUTH CAROLINA,
County of McCormick.
Sworn to and subscribed before me this 17th day of July, 1937, and
I hereby certify that I am not an officer or director of this bank.
Robt. L. Dendy, Notary Public.
My Commission expires at pleasure of the Governor.
DR. HENRY J. GODIN
Insurance
Sight
Specialist
I
Eyes Examined
Spectacles And Bye Glasses
Professionally Pitted.
Broad Street Augusta, Oa.
Fire Insurance And All
Other Kinds of Insurance Ex
cept Life.
HUGH C. BROWN, \
McCORMICK, S. C. /
Report Shows 33
WPA Projects Benefit
State Institutions
Columbia, S. C., July 14.—Works
Progress Administration projects,
sponsored by the State of South
Carolina at twelve State institu
tions, already completed or which
are now being operated, have
proved to be very beneficial to
these institutions, it was shown to
day from information released by
State WPA Administrator Lawrence
M. Pinckney.
The information from Mr.
Pinckney shows that to date a total
of thirty-three projects have al
ready been completed or are now
in operation at these various in
stitutions.
In addition to the projects at the
State institutions, the Works Prog
ress Administration, in cooperation
with the State of South Carolina,
has completed five armories, while
twenty-three are under construc
tion throughout the State, with
six fish hatcheries completed and
cne being under construction.
Malaria control programs are
being operated in twenty-six coun
ties while a community sanitation
program is operated in each of
the forty-six counties, these proj
ects being sponsored by the State
of South Carolina with assistance
f the United States Public Health
Service.
Projects that have been com
pleted as well as those now under
way at the various State institu
tions, follow:
University of South Carolina.
Richland County. A project com
pleted several months ago was the
building of a concrete enclosing
wall around the stadium, painting
of the seats, the construction of
team rooms, a press box, keeper’s
quarters, the construction of
ramps, score boards, the moderniz
ing of sanitary facilities, and the
erection of a “protection” railing
around the top of the stadium. AH
records at the University have been
revised and rebound. Projects now-
under way at the University are
general repairs to the buildings
the painting of the buildings in
terior and exterior, and the repair
ing of old furniture.
Girls’ Industrial School, Richland
County. The project for the land
scaping of the grounds has been
completed. Now under way arc
projects providing for repairs to
the buildings, the construction of
a brick veneer auditorium, dining
room and kitchen.
Confederate Soldiers’ Home,
Richland County. Landscaping of
the grounds is now being carried
on at the institution. Material from
sewing rooms are furnished to the
inmates.
State Hospital, Richland County.
Projects now operating include
general repairs to all of the build
ings, landscaping of the grounds,
the construction of driveways and
walks, and the making of garments
for inmates of the institution.
State Sanatorium, Richland
County. Projects now.in operation
are general repairs to the build
ings and landscaping of the
grounds.
Association of the Blind, Rich
land County. Two projects are in
operation at this institution, the
landscaping of the grounds, and
materials are furnished for a
JESTER’S CASH MARKET
Phone No. 25
Main Street
We Deliver
McCormick, S. C.
We carry a full line of Fresh Meats at all times
and are always ready to be at your service.
We highly appreciate your patronage.
Before selling your cattle and hogs, see us. We
pay the market price for them.
Civil Service Exam
inations Announced
Treat yourself to
refreshment at Home
far
A?*-*
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A woman remembered how this man would feel
when he got home from work —so a frosty bottle of
ice-cold Coca-Cola was ready in the refrigerator.
Buy it by the case (24 bottles) from your dealer.
fl 1
SB-150-81
GREENWOOD COCA-COLA
BOTTLING CO.
Greenwood, S. C-
I
The United States Civil Service
Commission has announced open
competitive examinations for the
following positions:
Senior educational analyst (tests
and measurements), $4,600 a year,
and educational analyst (tests
and measurements), $3,800 a year.
Extension Service, Office cf Co
operative Extension Work, Depart
ment of Agriculture.
Warden, and associate warden,
$3,800 to $6,500 a year, U. S. Bureau
of Prisons, Department of Justice.
Principal safety promotional ad
viser, $5,600 a year, Division of
Labor Standards, Department of
Labor.
Field representative, $3,500 a
year, Division of Savings Bonds,
Treasury Department.
Full information may be obtain
ed from the Secretary of the Unit
ed States Civil Service Board of
Examiners at the post office or
customhouse in any city which has
a post office of the first or second
class, or from the United States
Civil Service Commission, Wash
ington, D. C.
-xx-
Sunday School Lesson
BY REV. CHARLES E. DCNN
God Prepares a People.
Lesson for July 25tb.
Exodus 12:21-28.
Golden Text: Deut. 7:6.
Experience Service Facilities
Those are the Important things in measuring the worth
of a funeral director, and should be borne in mind when
you have occasion to choose one
DISTANCE IS NO HINDRANCE TO OUR SERVICE
and there is no additional charge for service ont of town
J. S. STROM
Main Street McCormick, 3. C.
mending room at the institution.
De la Howe School, McCormick
County. A project that has been
completed is the raising of the
dam at the power plant permitting
greater electrical facilities. Another
project now operating is the con
struction of a three-story school
and recreational building.
Boys’ Industrial School, Florence
County. Repairs to the buildings
have been completed and a barn
has been constructed. Projects
operating at present are the con
struction of a six-room brick build
ing and landscaping of the
grounds.
Clemson College, Oconee County.
/ project calling for the recatalogu-
. g and repairing of books at the
i nary has been completed, as has
i’.e construction of an addition
the textile building. Now under
way at the institution are improve
ments to the filter plant and con-
si ruction of a dam to provide
greater water supply.
Winthrop College, York County.
Three projects have been com
pleted at this institution. General
repairs have been made to build
ings and they have been painted.
There has been reconstructed on
the campus the old chapel, a
one-room brick structure, which
wa*; the birthplace of Winthrop
College. It was moved from Colum
bia where it was located on the
grounds of the old Presbyterian
Theological Seminary. This chapel
is also the last resting place of the
late Dr. D. B. Johnson, founde:
of Winthrop. Projects now under
way at Winthrop include the con
struction of drainage systems at
the farm, the construction of side
walks on the campus grounds, and
the construction of a superinten
dent’s home at the college farm
South Carolina Institute for the
Deaf, Dumb and Blind, Spartan
burg County. All of the building,
have been repaired and painted
The grounds have been landscaped
State Training School, Laurens
County. General repairs to the
buildings and improving the
grounds have been completed
Sewing room materials are also
furnished the institution.
To understand the Old Testa
ment we must study carefully the
histoiy out of which it came. For the
nation and its destiny looms large
in the Old Testament. To get the
full flavor of this national spirit
we must turn to the writings of
the prophets. For the prophet was
a close student of the politics of
his day. His message was deter
mined to a large degree by the cir- ,
cumstances in which he found
himself. “Out of them,” writes one
commentator, “he read the will of
God and in them he saw the hand
of God at work.”
Thus the prophets were con
vinced that the long pilgrimage of
the Jewish common wealth, with all
of its ups and downs, was essen
tially sacred. They loved to dwell
on the covenant between God and
Israel, the redemption from Egyp
tian serfdom, the divine guidance
through the wilderness, and the
overthrow cf the heathen in
Canaan.
Carlyle once said that “the Bible
of every nation is its history.” This
is peculiarly true of the Hebrew
folk. Intensely patriotic, their his
tory meant everything to them. It
is no wonder then that their Bible
is soaked With a vivid national
iecling. Our lesson text is a re
minder of this striking emphasis.
It deals with the institution of the
historic Passover Festival which
the Jews have always associated
with the Exodus from Egypt, and
which they still observe. Note that
the Passover lamb was originally
sacrificed and the blood sprinkled
on the doorposts by each head of a
family, for there was no tabernacle
and no order of priests.
?o Christians the crucifixion of
our Master fulfills all that is signi
fied by the Jewish Passover. “For
you are free from the old leaven,”
to tne church at
Corinth. “Christ our paschal lamb
.as k>ejn sacrinced.” as God saved
.tis people from tneir slavery un-
eer rharaoh, so enrist, by his
death, redeemed his followers from
opirituai bondage.
xx
Ancien-ts Had Three Voting Plans
Voting methods among the an
cients include showing hands, strik
ing weapons upon shields and tak
ing, positions to the right or left of
a line. . •
txt
Where Perfumes Come From
Many plants and fruits furnish
materials for perfumes. Secretions
of four animals, the sperm whale,
beaver, musk ox and civet cat are
also used.
-XX-
Ma* ^rove Tree Has “Air Roots”
Mangrove trees growing in
marshes and along muddy ■‘fc^ists
require air for the rc5ts%oneat?J
the mud and obtain U by means of
root branches p^oje^ting unrivht out
of tluKmud andjyJj^vidcJ \..th^th.y
air ho!k§.
“Banished” and “Exiled”
Persons are “banished” when
forced to leave any country by the
ruling power, but can only be “ex-
i’cd” from the native country and
heme.
Our Forefathers
Our forefathers may have had
lo ver standards of comfort, but they
o d possess far higher standards
l.iah we of.thankfulness and content.
—^
Boston's Fftwt Churches
In the first 113 years Boston buiH
15 churches* the first in L630.