The sun. [volume] (Newberry, S.C.) 1937-1972, November 02, 1967, Image 11
The Newberry Sun, Newberry, S. C., Thursday, Nov. 2, 1967—PAGE 7
George McQuilkin, second
from left, of Charlotte, N. C.,
vice president of Kendall Com
pany’s textile division, presents
a gift of $2,500 to Dr. A. G. D;
Wiles, president of Newberry
College. This gift is in renewal
of the . Kendall Company’s
Foundation’s scholarship pro
gram initiated in 1962 at New
berry college. Looking on are
William H. Tedford, on right,
manager of the Mollohon plant
of the Kendall Co. in Newberry,
Figures show
City in good
financial shape
A proposed budget 'for the
first six months of 1968 was
presented to City Council here
Tuesday night—anticipated rev
enues are expected to top es
timated expenditures by $25,-
242.
City Manager K. W. Riebe
said recent action by council
for the adoption of the state
code to conform to regulations
under the city council-manager
form of government will place
tht city on a fiscal year opara-
tion.
He said the proposed six-
month budget was presented to
permit the city to go into a
fiscal year operation July 1st.
and L. H. Jordan, manager of
the Oakland plant of the Ken
dall Co. in Newberry.
The scholarships are award
ed to academically-qualified and
financially-needy students,
with first preference to ap
plicants from Newberry county
and thereafter to applicants
from South Carolina. Stipends
vary from a token honorary
award to a maximum of $350
per academic year.
The budget includes total esti
mated expenditures of $378,052
for general government and
$316,413 for operation and
maintenance and is for the per
iod Jan. 1 to June 30, 1968.
Estimated revenue for gener
al government exceeds estimat
ed expenditures by $1,578 and
estimated revenue for opera
tion and maintenance tops ex
pected expenses by $23,664.
Riebe said an adjustment in
wages for city employees not
paid by the hour is proposed in
the budget since the work week
for employees paid hourly was
cut to 40 hours at the same
rate of pay. The proposed bud
get was accepted as informa
tion.
In other business, council ap
proved the final reading of an
ordinance to increase month
ly salaries of the mayor and
city council members. The
mayor will get an increase of
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$50 to $150 per month and the
council will get a $25 raise, to
$75 a month.
Councilman Clarence Shealy
Jr., a Democratic candidate
for mayor in the Nov. 7 general
election, and Councilman Cecil
Kinard, also a Democratic can
didate for reelection, abstained
from voting on the salary in
crease.
A report was presented by
the city manager on a revised
agreement for the purchase of
the R. B. Baker property for
use as an off-street parking lot.
Riebe said Baker has agreed
to sell the property at the
original price of $36,000 with
payment over a period of five
years at a four per cent inter
est rate.
REWARD
A fifty dollar ($50.00) reward is being offered
for information leading to the arrest and con
viction of party or parties involved in the turning
in of false fire alarms.
Signed CHIEF C. L. DOWD,
Chief of Police, Newberry, S. C.
A New Dividend
Period Begins
Each Month ...
Save by the 10th of November and earn from the
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If you open a savings account for any amount by
the 10th of November, you will earn a full two (2)
months dividend on same on December 31st. This al
so applies to additions to present savings accounts.
Let us show you how easy it is to become financial
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your weekly or monthly salary.
Where you save does make a difference.
♦
1883 COLLEOB STBEBT. NBWBEHRY, •. C-
DIRECTORS
-
John F. Clarkson
J. K. Willingham
E. B. Purcell
W. C. Huffman
A E. Morehead
J. M. Rawls, Leesrille, S. C.
P. M. DeLoache, Saluda, S. C.