The sun. [volume] (Newberry, S.C.) 1937-1972, July 07, 1950, Image 10

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V 1i sf,' v- ■» STATE Building and Loan Association 1115 Boyce Street Newberry, S. C. OFFERS Phone 196 I. SAFETY OF YOUR INVESTMENT. Your Savings invested here are secured by first mortgages, principally on homes, and are Insured up to (5,000 by an instrumentality of the United States 2. LIQUIDITY OF YOUR IINVESTMENT. This Association main- tains a strong cash position to meet withdrawals (repur chases) of accounts by savers and investors. Our member ship in the Federal Home Loan Bank System makes avail able additional funds. 3. RETURN ON YOUR INVESTMENT. This association has never paid less than a 3 percent dividend since its organization. STATEMENT OF CONDITION as of June 30, 1950 ASSETS FIRST MORTGAGE LOANS $268,726.78 134 Well Secured Newberry Loans Being Retired in Monthly Payments. First Mortgage Loans Only, the Un paid Balance of Which Now Average $2,005 per Loan. LOANS ON PASSBOOKS These Loans Are Secured by Savings and Investment Share Accounts of the Association. MISCELLANEOUS ASSETS This Item Consists of Stock of the Federal Home Loan Bank, Furniture and Fixtures Owned by the Association, and Certain Expenses Prepaid. 5,568.32 2,845.46 CASH ON HAND IN BANKS This is Association’s Working funds. 46,455.26 $323,595^82 LIABILITIES SAVINGS AND INVESTMENT SHARE ACCOUNTS $308,269.56 Funds Paid into the Association for Savings and Invest ment. Each Account Insured up to $5,000. LOANS-IN-PROCESS Undrawn Balances of Funds Held in Escrow for Purchases of Homes; also of New Building Loans to be Paid Out as Construction Progresses or When Finished. RESERVES AND UNDIVIDED PROFITS 12,700.67 2,625.59 This Amount Has Been Set Aside for Contingencies After Payment of Dividends. $323,595.82 Funds received here for Savings and Investment on or before the 10th of each month will receive earnings from the first of that month. OFFICERS AND DIRECTORS R. B. BAKER, President H. B. SENN, Vice-President LOUIS C. FLOYD, Secretary & Treasurer J. Dave Caldwell R. Aubrey Harley Thomas H. Pope ' Guy V. Whitener - TSfi NiWfcifcftY ■ ■ £ • ■ : ••Me '—- DRIVE-IN THEATRE — m XS .. ..lx, _ r ~ ;v. mv i, i fe e CompUie Show alter 10 PM. THURSDAY THE PLUNDERERS Rod Cameron In Color FRIDAY and SATURDAY Double Feature JINX MONEY Bowery Boys SILVER BUTTE Musical SUNDAY Wallace Berry Majorie Main BIG JACK MONDAY and TUESDAY John Garfield Lilli Palmer BODY AND SOUL WEDNESDAY and THURSDAY THE HOUSE OF SHAME FRIDAY Virginia Grey Rory Calhoun MIRACULOUS JOURNEY In Color WELLS THEATRE FRIDAY AND SATURDAY Allen “Rocky” Lane in SUNDOWN IN SANTA FE Added—BATMAN and ROBIN and NEWLYWED COMEDY MONDAY «t TUESDAY Also Late Show 10:15 Saturday Night Jungle Jim’s Mightiest Adventure in the Land of the Wild Gorilla! Johnny Weissmuller as “Jungle Jim” THE LOST TRIBE Myrna Dell Joseph Vitale Added—PATHE NEWS WEDNESDAY and THURSDAY THE BLONDE BANDIT Dorothy Patrick Robert Rockwell Add ed—DIAMOND SHOWCASE and PIANO RHYTHM 3:00, 4:30, 6:00, 7:30 & 9:00 Moi Show 9:30 Saturday •TERN and COMEDY Admission 12c-35c avory day R I T Z THEATRE THURSDAY k FRIDAY June Allyson, Dick Powell, David Wayne, Cecil Kell&way, Ray Collins THE REFOMER AND REDHEAD Also Short Fox News THE SATURDAY Shelley Winters, Macdonald Carey Helen Carter SOUTH SEA SINNER Extra Added Attraction Cartoon Carnival Kitty Foiled, The Invisible Mouse, Make Mine Freedom, Bear and the Hare, The Bear and the Bean, King Size Canary, Slap Happy Lion, Bowling Alley Cat, The Fishing Bear, Goldilocks and the three Bears MONDAY It TUESDAY Dan Dailey, Ann Baxter, Rory Calhoun, Walter Brennan A TICKET TO TOMAHAWK In Technicolor Also Cartoon MGM NEWS Lon WEDNESDAY McCallister. Lois Butler. Billie Burke, George Cleveland BOY FROM INDIANA Also Short ANNUAL BETH EDEN BARBECUE WEDNESDAY JULY 19th Steak and Pig Foot Stew Night Before Supper and Dinner Cooked By HERMAN WISE Come out and enjoy a fine ‘cue under comfortable conditions I WZ 2 ’< . TOOK *•••* ' > But Read Thii—And Learn What Happened Afterward 0LIN JOHNSTON, IN ORDER TO QUALIFY TO RUN FOR THE SENATE IN THE 1944 SOUTH CAROLINA DEMOCRATIC PRIAAARY H ook This Pledge: "I will support the political principles and policies of the Democratic Party of South Carolina during the termtof office for w hie 111 I am elected" j He Thereby Pledged to Uphold These Principles and Policies: Declared By The Democratic Party of South The Democratic Party of South Carolina and the people of South Carolina who compose its member ship cannot obligate themselves to r v " vote for and support Presidential electors who will cast their votes for Harry S. Truman for Presiden t of the United States. “We believe we are honor bound to support the nominees of the Democratic Party of South Carolin a in the ensuing General El —S. C. Democratic Convention, May 19, The Democratic Party Of South Carolina Offered A Slate Of Nominees For Presidential And Vice-Presi dential Electors In The General Election Pledged To Vote AGAINST TRUMAN. . But What Did Olin Johnston - sii Here Is What Johnston Deserted "Retolved: that we recognize and commend the action taken by the Southern Governors, including the Governor of South Caro* Una, to take official recognition of the attacks made upon *h+ sovereignty of our slates and, by concerted action, to protect such attacks and defend such sovereignty and assure them of our back ing and co-operation as citizens of this Stale in their efforts.** "Resolved: that the Democratic Party of South Carolina sup port as Presidential and Vice Presidential Electors from South Carolina ONLY those persons who have a fundamental belief in the sovereignty of the states of the Union, and who will not vote for candidates who are in sympathy with such invasions of that sovereignty as the proposed so-called FEPC Law. the so-called Anti- Lynching Law, the so-called Anti-Poll Tax Law and any Federal law dealing with the separation of the races." Here Is What Johnston Supported "Everybody knows that I recommended to the Congress a civil rights program. I did so because I believe it to be my duty under the constitution ... I am going to call Congress back and I am going to ask them to pass . . . civil rights legislation.**—Harry S. Truman, accepting the Democratic nomination. "We highly commend President Harry Truman for his cour ageous stand on civil rights."—1948 National Democratic platform. Olin Johnston at 11:00 P. M. on election night issued the foUowing statement: "Today I stood for the regular Democra tic Party.** This was interpreted to mean that he had voted for Truman. A few days later the Spartanburg newspapers un covered the fact that Senator Johnston did not even vote in the General Election, and he explained this by saying that a rain kept him away from the polls. So that there would be no mistake that he had gone back on his PLEDGE to the Demo cratic Par tv of South Carolina, Senator Johnston issued this statement: "If you will check up with Democratic National (Truman) Headquarters, you will find that no one gave them any more help than I did. I just would like to keep the record straight. If you will call Dixie- era! (States Rights) Headquar ters, you will find I gave them no help/ While Olin Johnston was supporting Truman, Strom Thurmond in 1948 led the fight for Southern Democracy. That fight is already bearing fruit. Southern Democracy is on the March again, and South Carolina will join in by sending to the United States Senate . . STROM THURMOND A Man Of Courage and a Fighter for Principle A Vote For Strom Thurmond Is A Vote For South Carolina Democracy Vi