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PRiuAT, WAT g4. 1 THh rrprrrpKKfCT STTy PAGE NINE ByAd Ctrter Purcell Is New President Of Chamber of Commerce The Newberry chambei- of com merce directors, last Thursday, elect ed officers for the coming year. Ned Purcell of the Newberry Insurance and calty Company was elected presi dent; Clarence C. Hutto, manager of and Realty company was elected presi dent; J. N. Beard, manager of Belk— Beard Department store, treasurer; and Ted W. Bremer, re-elected secre tary. The meeting was held as a chicken barbecue supper on Lake Murray. All of the twelve newly elected directors were present at the meeting, annual election of directors having been held the preceding week. All but three of the new board were re-elect ed from last year’s board, these three being J. N. Beard, of Belk-Beard de partment store; J. W. Earhardt, Jr., editor of the Newberry Observer, and E. B. Purcell of the Newberry Insur ance and Realty company. ( Mr. Purcell, the new president, is a native of Newberry and is consid ered one of the most popular men the town has ever produced. He owns and operates the Newberry In surance and Realty company and has served for some time as chairman of the Newberry Public Works Commis sion In past years, Mr. Purcell has a long record of service with the chamber of commerce, both as direc tor and vice president. His election as president of the chamber for the coming year meets with wide-spread city and county approval, and predic tions are that the coming year should be outstanding in the history of the organization. P. T. A- PICNIC The Parent Teacher Association of Speers Street School met together at a most enjoyable picnic Thursday afternoon at Margaret Hunter Park. The large crowd present was a testi mony to the splendid work being done at Speers Street School. This social meeting meant much to the friendship *nd fellowship of the Parent Teacher Association. The first grade, taught by Mrs. Annie Cromer, won the prize for the largest attendance of mothers during the school year. The second grade, taught by Miss Annie Abrams, won second prize in this contest. Supt. O. B. Cannon was present and thanked the mothers for their evi dence of cooperation. The Parent Teacher Association of Speers Street School is enjoying the programs of monthly meetings. Many improvements have been made by this group during the year such' as read ing tables being placed in each school room; around $50 worth of books added to the school library; side walk constructed on school grounds and shrubbery attended to. Mrs. Vernon Carlton, president of this association, wishes to thank all committees who have cooperated in a big way to the success of the work done during the past year and asks that committees continue their work during the vacation. I DERRICK DONATES LUMBER UTTL£ MOMENTS IN BIO LIVES Kessler In answer to the request made by | the chairman in charge of publicity j for the dedication of the World War Memorial Building, a large gift has been received. Mr. J. Kess Derrick of Little Mountain sent a load of dry- poplar and oak lumber to the NYA shop on Thursday. This lumber will be used to make furniture for the Legion Home. The American Legion is deeply grateful to Mr. Derrick for this big gift. Any other person wish ing to make a gift please call tele phone No. 283. SWINDLER-PENDER In the presence of only a few rela tives and friends Miss Kathryn Swindler of Nlewberry became the bride of Mr. Edward Leonell Pender of North Charleston. The double ring ceremony took place at Aveleigh Presbyterian church in this city, May 11, with the Rev. C. A. Calcote, pastor of the bride officiating. The church was decorated with bowls of Sweet Williams Snapdrag ons, and Queen Anne’s lace. For her wedding costume, Miss Swindler wore a blue crepe shirred dress with dark blue accessories. Her corsage was of sweetheart roses. Mrs. Pender is the very popular and attractive daughter of Mr. and Mrs. Henry W. Swindler of New berry. She is a graduate of New berry College, and for several years has been teaching in McBee, South Carolina. Mr. Pender is the son of Mr. and Mrs. C. M. Pender of North Charles ton. He is connected with the Pearl- stein Wholesale company in Charles ton. Those witnessing the wedding were Misses Virginia Dare and Jban- ita Swindler, sisters of the bride, Mr. and Mrs. Earl Smith of McBee, Mr. and Mrs. Ed Beck of Woodruff, Mrs. Ralph Whitaker and Miss Edna Thompson, both of Newberry. After a wedding trip to the moun tains of North Carolina, Mr. and Mrs. Pender will return to North Char leston, where they will make their home. MISS SHARPTON TO GRADUATE TUOWAP W. QC&fbOnOA. 6EWCGAL AMWA6ER OF THE UUrttD PWTEP UNEP. MP QWOE THE &EPT TtUO DOLLAR A WEEK ECQAKJD COV THE PANAMA PAllQOAD 4WD STEAM- pmp oauatuv Wad- THIS IS THE SEASON FOR Windstorms and Hail t ARE YOU COVERED? The Cost Is Small Call Us Today! Phone 197 Newberry Ins. & Realty Co. “YOUR PROTECTION OUR BUSINESS” E. B. Purcell, Pres. Exchange Bldg. Newberry county will be interested to 'know that Monday, May 20, Miss Minnie Lee Sharpton, a Newberry county youth, will graduate from Dela Howe school in McCormick. Miss Sharpton has made a very fine record at De LaHowe. According to the re port from Mrs. J. H. Summer, her guardian. Miss Sharpton has obtained work as a nurse at State Park Sani tarium where she will remain until she enters training at the Columbia Hospital in September. BAPTIST EXTEND CALL TO REV. ESTES At a congregational meeting Sun day members of the First Baptist church here voted to extend a pas toral call to the Rev. J. Aubrey Estes of Barnwell. It is not known at this time whether he will accept. The First Baptist has not had a pas tor since the resignation of Dr. F. O. Lamoreux some months ago. Judge Neal W. Workman address ed the Baptist at the Sunday morning service. POOL IS OPEN The swimming pool is open for swimming from 10 until 12:30 each morning and from 2 until 6 p. m. Miss Essie Cook will have charge of the pool until Otho Williams, the mana ger, returns to Newberry, May 28. Life guards will be on duty during regular swimming shifts. OH, JOY! What a joy to get relief from a cough due to a cold. Get it with Smith Bros. Cough Drops. Black or Menthol, Sf. Both taste delicious. Smith Bros. Cough Drops are the only drops containing VITAMIN A Vitamin A (Carotene) raises the resistance of mucous membranes of nose and throat to cold infections, when lack of resist ance is due to Vitamin A deficiency. NEWS FACTS ^GEORGE NEW YORK, Willie. Moppe FORMER W0RLC>S BILLIARD CHAMPION OFTEN SHAKES HANDS 1V/TH HIS FIST To AVOID INJURY TO HIS CUe-HOLPlM6 FlNggRg/ Pilot Life Insurance Co. GREENSBORO, N. C. Financial Statement December 31, 1939 ASSETS FIRST MORTGAGE LOANS $10,145,498.18 Includes $5,058,697.59 government guaranteed mortgages; balance on basis not to exceed 50 per cent, of conservative valuation. ■! -m* FEDERAL, STATE & MUNICIPAL BONDS 1,521,958.39 OTHER BONDS 1,400,066.28 STOCKS AND COLLATERAL LOANS 1,530,935.46 Bonds carried on amortized basis listed securities at market value De cember 31, 1939 or cost whichever is less. POLICY LOANS 4,155,309.85 This sum has been loaned to policy holders of the company upon the cash value security of their policies. CASH IN OFFICE AND BANKS 519,073.65 REAL ESTATE OWNED 1,241,275.01 Included in this item is our home office property. INTEREST DUE AND ACCRUED 229,595.68 NET PREMIUMS IN COURSE OF COLLECTION 548,299.10 Secured by policy reserves. ALL OTHER ASSETS 13,667.52 TOTAL ADMITTED ASSETS $21,305,675.12 LIABILITIES RESERVE FUNDS $18,387,672.00 These funds are set aside as re quired by law for the protection of policyholders. POLICY CLAIMS IN PROCESS OF PAYMENT .. 109.700.45 These claims incurred in 1939 for which due proofs had not been re ceived December 31, 1939. RESERVE FOR DIVIDENDS TO POLICYHOLDERS 332,425.16 RESERVE FOR TAXES 73,239.78 MISCELLANEOUS LIABILITIES 116.661.30 Includes premiums paid in advance and sundry items, accrued. INVESTMENT FLUCTUATION RESERVE 610,976.43 MORTALITY FLUCTUATION RESERVE 250,000.00 CAPITAL, SURPLUS & CONTINGENCY RESERVE 1,425,000.00 TOTAL $21,305,675.12 STATE OF NORTH CAROLINA Insurance Department RALEIGH, N. C January 2, 1940 Mr. E. C. Green, President Pilot Life Insurance Company Greensboro, North Carolina Dear Mr. Green: I have studied with much interest the report of the examina tion made recently by the Insurance Departments of North Caro lina, South Carolina and Tennessee, and wish to congratulate you on the splendid progress and the sound financial condition of the Pilot. The report reflects that since the last examination the Pilot has shown a substantial increase in insurance in force, in surplus and assets; that your investments are of the best, indicating a sound investment practice and conservative management, and that your treatment of policyholders and beneficiaries has been exemplary. The report is highly complimentary and I wish to take this means of complimenting your capable officials and personnel on your prog- gress. AH indications point to a successful future for the Pilot under its splendid management. Very truly yours, (Signed) DCB:T DAN C. BONEY Insurance Commissioner Pilot Life Insurance Co, Greensboro, N. C. Agents At Newberry B. E. STOCKMAN and D. L. DRIGGERS