The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-05-13

people and make life far more
meaningful and far more secure
for this and succeeding genera
tions."
In his presentation speech, Nose
ley said, Virginia Electric and
Power Company is making prog
ress a reality in our times. In rec
ognition of its many accomplish
ments-and its continuing endea-
vors-we at The Bank of Virginia
are happy, indeed, to take this oc-
casion to extend tonight the banks
1860 Salute-to-Virginia Industry.
"The industrial growth of Vir-
ginia and of the South is a SUBJ
ject of deep interest and one that
needs and deserves the support of
every one of US. Industrial growth,
however, means not only the work
for new industry, but also the en-
enlargement of favorable bust
ness climate for industry already
here. 1t was toward the latter OBJ
jective in particular that The Bank
of Virginia launched the annual
Salute program" he stated:
Citing particular aspects of
VEPCO's program of service, Nose
ley said, "VEPCO performs vital
economic function and helps pro-
vide better standard of living
for all segments. This has required
property and plant investment
of $665 million. In the last ten
years alone, more than $4S7 million
has been invested in our commune
ties as result of increasing de-
mand for VEPCO's services.
"VEPCOs resourceful efforts
and a demonstrated awareness of
area, state and community needs"
he continued, shave brought bene-
fits throughout the company terri
tory.
"This corporate citizen and
neighbor has made the past half
century better for people and COM
munities in the area it serves. 1t
has given notable leadership TO
area industrial and agricultural de-
velopment. 1t is participating in inn
portant nuclear research toward
the production of electricity for a
new age"
In accepting the plaque on be-
half of VEPCO employees, Nc
Dowell said, eve who are charged
with the responsibility of manag-
ing VEPCO have as our basic COM
pany policy philosophy of dedi-
Gated service to all of that vast
area in which we are privileged
to operate.
eve are dedicated to the princi-
pie of being a good citizen in the
communities where we live and
work. The interests of those COM.
munities are our interests, and it is
our wish to see them grow and
prosper :"
Mcdowell said that as COM
munity citizen, industry shares the
fortunes and nrisfortunes of an
area.
"We believe that it is industry's
duty and responsibility to help lay
the foundation of orderly progress
so that its families, friends and
customers will have richer, fuller
life," the company president stated.
In company policy, he declared,
ave encourage our employees to
participate in all areas of communi-
ty life. And we are gratified to see
that many of them are holding re-
sponsible positions of community
leadership.
"Our company has been serving
the citizens of a large part of Vir-
ginia and parts of North Carolina
and eastern West Virginia for more
than so years.
Gas we look back over those
years, we like to feel that we have
been a good steward of the pub
lie trust and confidence-that we
have been a good friend and neigh
bor--and that we have helped to
improve the economic stability of
the community.
"This recognition tonight by one
of the States most respected in
situations provides US with the en-
enlargement and the determination
to do an even better job in the years
ahead"
yIf so