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