The Washington herald., 1912-09-22
ny NJ. r. LEWIS,
STAT Correspondent.

Wilson, N c.. Sept q.
The town to tie to-where worth
wins
The above Is Wilson's slogan.
Yea. verify, friend. 1t Is the town to
tie 10, and. beyond all question Of doubt,
. a town where worth wins.
Wilson's population Is made up OF worthy
ones Oneaning progressive) who long
ago possessed the foresight 20 tie 10
the town. and. as Ca result. the said
worthy individuals are enjoying a huge
slice of prosperity that is growing more
prosperous as time progresses.
Wilson Is not e boom town. Wilson Is
one Of the substantial little cities Of the
South that has enjoyed a gradual and
steady growth ioT a humber OF years,
because IL Is n the heart of great
cotton and tobcc cco-produclng section OF
this glorious country, and because the
en- the Job sufficiently early to furnish
the necessary facilities for marketing
the product of the planter.
Success and content permeate Wilson 8
atmosphere. because the business inter-
ests here are united in the interest OF
the town. The loyalty of the citizens
for their town is inspiring. Personal
greed is yet to be discovered at a time
when the welfare of the town was un-
a proposed plant, but his fellow-citizens
know that he is honest in his conteh-
ton. That's your 'Wilsonite. That's why
Wilson is the place for a man to tie to
of honest purpose. There is an abund-
ance Of space in Wilson for more men
of the same caliber. Wilson does not
want promoters and schemers, but a
royal welcome awaits the man Of legiti-
mate purpose.
Some Facts About Wilson.
The population of Wilson is about 10
0Oo
The town is located on the main line
of two railroads, the Atlantic Coast
Line, running north and south. and the
Norfolk-Southern, running east and
west. thus supplying exceptionally good
transportation facilities.
The electric lighting plant and the
waterworks are owned by the city, and
one of the most noteworthy facts in
connection with this story Of Wilson is
that it supplies light and power at a
price that is 80 per cent lower than any
other city in the country. In this, the
advantages for the large industries are
obvious.
As evidence of the economical manner
in which the city's affairs are conducted.
1t is cited that the municipality made a
profit on these utilities Of nearly s1i, 900
last year.
The assessed valuation of both real
and personal property in 1880 totaled
slightly less than sS0O.00O. and with a
rate of 50 cents on the 500 valuation, the
total receipts from listed taxes on that
date amounted TO less than $4,000.
With twenty years of steady and
permanent growth, the equalized valua-
ton of both real and personal property.
taken from the assessors list of 1911.
shows an equalized valuation of $1,000
900, with actual value of from $780, 900
to $4,000, 900. and with a rate of 20 cents
(the lowest rate of any town of equal
size in this part of the State) on the
800 valuation, gives a net income from
listed tax of approximately 5000
Wilson's bonded Indebtedness in sl73,
coo, bearing 5 per cent interest. The city
owns property in excess of this amount,
which, in connection with the handsome
profits of the light and water plant,
places the town in an extremely comfor-
table position.
Wilson is the home of thirty manufac-
turing industries and 215 mercantile es-
tablishments.
The total amount Of business done by
these concerns last year amounts to
more than slo,Ooo,coo.
Strong Financial Institutions.
Wilson Possesses ample banking IA
cilities to meet the needs of the COM
munity. The combined capital of Will
sons banks is s2s60O0. The combined
resources of these institutions totals 81
100000, and the deposits aggregate ST.
1000.
The First National Bank and the
Branch Banking Company are the real
strength of this Statement, and both are
presided over by men of the highest In
tegrity and sound business Judgment
Col John F. Bruton is president Of the
former and ]. C. Hales acts IN a similar
capacity for the latter.
To these men the city Of Wilson owes
much. Both are of the high type of
citizen, and are powers for good in the
community. Their opinion, in both pub
lie and private matters, is eagerly
sought and highly valued Their judg-
ment. when followed, has always proven
sound.