The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-04-15
Six County Bills
Are Still Awaiting
Committee Okeh
Passed by House and Are
in Senate Group for
Consideration

tion before being brought to the
floor Of the upper house for ac-
ton. six measures introduced oy
Rem, W VI. Sherard of Hender-
SON county, are included. They
are: 49,, e,oz ooo
Of bonds Issued by the town OF
East Flat Rock and declares them
TO be binding obligations OF the
town. go,
HB 943 and lib 993, compan-
ion measures empowering the cl5y
commissioners and water co9'm'S-
sioners of UenderSonville TO re-
fpnd SI,5Ol.56 TO the Immaculate
Conception Catholic church ana
S679.33 to the Seventh Day Al
ventist church, HenderSonville,, Tor
speeial assessments paid by them
before enactment of legislation
cancelling assessments against
churches. Each church will be IS
sued a credit memorandum whlcn
an be used by it or its assigns for
payment of taxes and assessments.
lib GAP: ITO aid the collection
of back taxes in the town OF Lau-
rel Park in Henderson county. II
directs acceptance of bonds and
notes of any maturity and past
due coupons for 1882 and prior
taxes; for all special assessments
and for land held by town not
used for town purposes. In case
of taxes, 1884 taxes must be paid
in cash.
lib 971: ITO amend chapter
AL, public laws of 1881, relating
to special taxes in certain coun-
ties" 1t adds Henderson county
to provisions of this chapter,
which authorizes a special tax not
exceeding five cents on the $500,
subject to approval of the director
of local government, for expense
of quadrennial revolution, main
tanning courts and maintaining
jails and Jail prisoners.
HB 973, relating to revolution
of real property in Henderson
county" 1t provides that county
board of commissioners order
revaluation on or before the first
Monday in November, 1885, the
revaluation to be carried out I'M
der the provisions of charter 344,
public laws 1929, and completed
before the first Monday in April,
1886.
Eleven of the II house meas
ures need only favorable action
nv the senate to become law. The
senate bill is one introduced by
Senators Blanton of Mcdowell
and Thompson of Cleveland, and
authorizes the town of Ruther-
fordton to accept bonds in pay
Report of the Condition of The
State Trust Company, at Hen
Jacksonville, North Carolina, to
the Corporation Commission, at
the close of business on the 4th
day of March, 1885.
RESOURCES
Loans and Discounts $265,651.31
United States Bonds 19,S95.67
North Carolina Bonds 51,709.63
County and Municipal
Bonds ---------- 56,614.45
All Other Stocks and
Bonds ----------- 231, 086.95
Furniture e. Fixtures 2,431.53
Cash in vault and
amounts due from
approved depository
banks ----------- PIT ,449.34
and Transit Items 10000
Cash Items Items
held over "a hours) 2S6.So
e snee 1,59O.40
TOTAL ------sS46,916.1
LIABILITIES
CAPITAL Stock Paid In 6O,OOO.OU
Undivided Profits
met amount) - 24,555.SS
Reserved for Interest 1,S99.76
alton - 24O11
IJnearned Interest 2,536.3S
Demand Deposits Due
Banks - l,ZU0.1
Other Deposits Sub
ject to Check = 443, $3.50
Deposits Due State of
North Carolina and
Any Official There
of: Secured, $780,
1885 ---------- S6,75s.s6
Other Deposits Sc
cured by a Pledge
of Assets or Depos-
itory Bond ------- 139,914.79
Cashiers Checks
Outstanding - 4,916.8s
Certified Checks
Outstanding - 27.6S
Time Certificates of
Deposit (due on or
after 80 days. - 25,05S.91
Savings Deposits (due
on or after 80
days. --------- S2,289.16
Uninvested Trust De-
posits ---------- 3,OO5.4S
Reserved for Contin-
gencies ---------- 4,51S.SS
TOTAL ----------$S46,916.1;
STATE OF NORTH CAROLINA
COUNTY OF HENDERSON, IS.
H. B. Kelly, President; ]. w
Bailey, Director, and M. NJ. Red
den, Director of the State Trus
Company, each personally ap
peared before me this day, and
being duly sworn, each for him
self, says that the foregoing re
port is true to the best of hi.