The Tulia Herald (Tulia, Tex), Vol. 50, No. 3, Ed. 1, Thursday, January 15, 1959 Page: 5
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THURSDAY JANUARY 15 1959
Mrs Ketchum
Heads Love Club
lovo IID Club met Jan 7 In the
liono of Mrs Hownrcl Love for the
first mectlni of tlio new year The
mcctlnf was presided over by tho
new president Mrs K C Kctchum
Mrs Elmer Hclss puvo the devotional
Sand In my shoo Scrip
turo reading was Luke 1G 1014
Mrs Kctchum led the recreation
period Roll call was answered
by eight members Mmes R C
Kctchum L F Campbell Elmer
Rclss Marty Tucker Howard Love
Stalcy Jones D A Dawson Char
Ho Herring and two visitors Mrs
E D Dell and Mrs Henry PaUlg
Mrs Kctchum reported on tho box
of food presented by tho club to
a family at Christmas time
New committees appointed by the
president Included
Education Expansion Mrs Tom
Lovo and Mrs Marty Tucker
rinancc Mrs Howard Lovo and
Mrs Llnur Rclss and Mrs Claude
Mickey
Program Mrs Alvln Stark
Exhibit Mrs L F Campbell and
Mrs Howard Love
Recreation Mrs Cecil Evans
Mrs Charlie Herring and Mrs Hayden
Love
Civil Defense Mrs Stalcy Jones
A I Leaders Mrs L r Campbell
and Mrs D A Dawson
Reporters Mrs Haydcn Love and
Mrs Rclss
Clothing leader Mrs Dawson
Citizenship Mrs Kctchum
Tho program was given by Mrs
Delia Love on parliamentary procedureIt was decided to continue taking
cookies to the hospital
Tho bylaws of the club were revised
and accepted
Mrs Kctchum was elected as a
Charter No 629S Reserve District No II
REPORT OF CONDITION OF THE FIRST NATIONAL BANK OF TUUA
IN THE STATE OF TEXAS AT THE CLOSE OF BUSINESS ON
DECEMBER 31 1959 PUBLISHED IN RESPONSE TO CALL MADE BY
COMPTROLLER OF THE CURRENCY UNDER SECTION 5211 U S
REVISED STATUTES
ASSETS
Cash balances with other banks including reserve
balance and cash Items In process of collection 40035596
United States Government obligations direct and
guaranteed 2021078 00
Obligations of States and political subdivisions 531311 34
Corporate stocks Including 15000 00 stock of Federal
Reserve bank 1500000
Loans and discounts 532590112
Bank premises owned 6497700 furniture
and fixtures 37105 30 102082 30
Real estate owned other than bank premises 1 00
Other assets
TOTAL ASSETS
357157
1204530129
LIAB ILITIES
Demand deposits of Individuals partnerships and
corporations 9163295 90
Time deposits ot Individuals partnerships and corporations 1051723 31
Deposits of United States Government including Postal Savings 93769 80
Deposits of States and political subdivisions 661527 04
Deposits of banks 19032 17
Other deposits certified and cashiers checks etc 100785 07
TOTAL DEPOSITS 1109013329
Other liabilities 2212752
TOTAL LIABILITIES 1111226081
CA PITA L ACCOUNTS
Capital Stock 10000000
Common stock total par 100000 00
Surplus
Undivided profits
Reserves
TOTAL CAPITAL ACCOUNTS
400000 00
429975 91
3064 54
933010 43
TOTAL LIABILITIES and CAPITAL ACCOUNTS 12015301 29
MEMORANDA
Assets pledged or assigned to secure liabilities and for other
1033647 99
purposes
Loans as shown above ore after deduction of reserves of 9306190
I Ted Sprague Cashier of the abovenamed bank do solemnly swear
that the above statement Is true to the best of my knowledge and belief
Signed
TED SPRAGUE Cashiers
Correct Attest
MARVIN CARULE
EWELL GRIGG
RAY BIVENS
Directors
SEAL
State of Texas County of Swisher ss
Sworn to and subscribed before mo this Gth day of January 1959
and I hereby certify that I am not an officer or director of this bank
W T Bagley Notary Public
My commission expires June 1 1959
ASSETS
Loans Discounts
Banking House
Includes Parking Lot
Furniture Fixtures
Equipment
Other Real Estate
Federal Reserve Bank Stock
Other Assets
MIMIII MO I HI MIIIVI SWIM
STATIUIHT Of CONDITION
THE FIRST NATIONAL BANK
TULIA TEXAS
CLOSE OF BUSINESS DECEMBER 31 1958
291771714
CCC Loans 250624988
US Govt Bonds 2021078 00
Other Bonds 53131134
Cash Exchange 404635596
6497700
37105 30
100
1500000
357157
910499518
1214336719
omens
MAtVIU CARlUe pitildwit
tWttl CKIGG vlci pmldtnl
t 0AWSOII vlci preildint
HAUCY SrUtCCOII vlci pr ldn
1D SPtACUC cathlir
oetft niiMo am toihUf
candidate for delegate to the dls
trlct meeting
Next meeting will be Jai 23 in
tho homo of Airs Dawson
Tho program will be a book review
by Mrs A F Lee
Dear Editor
An editorial I rcid a few days
ago says that many colleges and
universities are changing their agriculture
courses to fit the new
agriculture which will soon replace
tho old and out dated system and
take its place along with other
business The new system will con
sist of units of 300 to 500 acres
and up with a capital Investment
of 200000 and up I agree with
him that this will be the case if
tho present plans of our Secretary
of Agriculture arc not changed
Our sympathies go out to the Russian
and Chinese farmers as they
are taken away from their farms
and home by a ruthless government
What about thousands of our
own farmers being forced to leave
the home where they have lived
for years True they do not leave
in front of a bayonet but starva
tlon is stronger than bayonets Many
will excuse the situation as the
march of progress I call it the
encroachment of greed and desire
for power The underlying principle
whether it be in Russia
Is the same
Red China or U S A Am 1 old
fogey when I say I hate to see the j
farm family forced out of American
lifeWhat
What would I suggest
The big headache of the surplus
products was not made by the far
mers but by ron farmers who took
advantage of the farm aid plan to
invest in farming operations My
suggestion is 1 Remove all acre
age and crop restrictions Let anyone
plant as much of any crop as
he pleases 2 Let the Department
of Agriculture estimate the amount
of caeh crop to be consumed In the
US and prorate this among the
qualified farmers to be sold on the
open market Then subsidize the
farmer by the difference between
the price received and parity 3
To qualify for the subsidy a person
must not receive more than 10000
from other sources than the farm
4 The amount of subsidy paid to
any person not to exceed 10000
5 Provided any farmer in the
program who raises more than his
sale allotment may have the privilege
of storing the surplus and selling
It in his allotment the next year
You may wonder why I am writ
ing to you I lived in Swisher
county for about 25 yr and still
read tho Tulia Herald from which
I am led to believe you are still
in sympathy with the farm fam
ily
Sincerely yours
S J WOODRUrF
1101 Walnut St
Danville 111
1IOUSEWARM1NG IS GIVEN
rOR MRS CARRUTH
Mrs Julia Carruth was honored
with a house warming friday in her j
new home in Tulla by members of
the Sunshine club and other women
The club group included Hildrethl
Squyres Mane Scale Geneva Daw1
son Annie Spear Ruby ONeal 01
lie Reddcll Argie Margan Edith i
Yates Alma Raymond Pearl Jcn
nings Eva Lumpkins and Mrs Charlie
Hardy a new member
Next meeting will be Jan 23 with
Mrs Alma Raymond
Mr and Mrs Oren Porter of
Lamcsa spent the weekend in the
home of his aunt Mr and Mrs J J
J Redmon
Mrs Henry Jones has returned following
several weeks visit with her
daughter Mr and Mrs II G Tyson
of Salt Lake City Utah Mrs Tyson
is the former Ruth Jones
John Noble underwent surgery last
Wednesday at West Texas Hospital
in Lubbock His condition is reported
to be satisfactory
Dr and Mrs Jack Jordan and
children of Floydada spent Sunday
In Tulla visiting in the homes of
their parents Mrs Mary Jordan and
Mr and Mrs Rule Cantrell
LIABILITIES
Capital Stock 100000 00
Surplus 400000 00
Undivided Profits
and Reserves 531106 38
Other Reserves 22127 52
Deposits 11090133 29
Mtmbtr Ftderal Dtpotll Inturanco Corporation
Continuous Service Since 1902
OIIICTOIS
MAHVIH CAUIll
J OS3 NOtANO
Will GtlGO
I IEONAID
ay eivtrts
JAM 12 C COWAN
1214336719
IV
THE TUUA Swisher County HERAlD
CLOSEOUTS
IENS JACKETS
VALUES TO
1695
GIRLS
COAT SALE
BUY NOW SAVE
ENTIRE STOCK MARKED DOWN
LADIES
DRESS SALE
3 LARGE GROUPS
JUNIORS REGULARS HALF SIZES
FIRST QUALITY FULL FASHIONED
NYLON HOSIERY
pairs
MENS LONG SLEEVE
for
PAGE FIVE
NEW SHIPMENT
PIECE GOODS
MENS WOMENS CHILDRENS
SLIPPER SOCKS
SPECIAL
SALE
ENTIRE STOCK
DOLL
SHOP EARLY
FOR BEST
SELECTION
price
SHOP EARLY FOR BEST SELECTIONS
BECAUSE OF THE LOW LOW PRICES WE WILL NOT BE ABLE TO PUT ANY CLEARANCE MERCHANDISE
ON LAY AWAY SHOP NOW BUY NOW AND SAVE
BOYS 1334 OUNCE
BLUE JEANS
ill4
CLOSE OUT
MENS SUITS
LIMITED QUANTITY
ENTIRE STOCK
9 FREE ALTERATIONS
ENTIRE STOCK
LADIES SWEATERS
MARKED DOWN
SHOP NOW BUY NOW SAVE NOW
BOYS BROADCLOTH or FLANNEL
1
for
LADIES
BnEU
OUTSTANDING SELECTIONS
ALL SIZES
GIRLS
OUTSTANDING VALUES
THROUGHOUT THE STORE
Ladies SLIPS Half Sips 1
Ladies GOWNS PAJAMAS 3
Entire Stock LADIES HATS l2
Girls PETTICOATS 1
Cotton Chenille RUGS 24x40 1
FOAM MATS Non Skid 2
LADIES HOUSE SHOES 1
GIRLS CAR COATS 499
Ladies JEWELRY 3forT
RAYON NYLON
GRAY BOUQUET1 BLANKET
BEAUTIFUL COLORS
SIZE 72 x 90
LIMITED SUPPLY
Your Family
Sfore
SHOP ANTHONYS AND SAVE
Mens NYLON ANKLETS
DRESS SALE
OUTSTANDING SELECTION
VALUES TO 498
Mens SWEAT SHIRTS
Mens DRESS HATS
Mens Cuff LINK SETS
Mens WORK SOCKS
Mens OD TANKER JACKETS
Mens BOXER SHORTS
Mens STRETCHIE SOCKS
Mens TIES oustanding group
LADIES GIRLS
STRETCH TIGHTS
BLACK or RED
ENTIRE STOCK
3 P 1
1
4 pair 1
55
3 pair 2
2pairl
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Baggarly, Herbert Milton. The Tulia Herald (Tulia, Tex), Vol. 50, No. 3, Ed. 1, Thursday, January 15, 1959, newspaper, January 15, 1959; Tulia, Texas. (https://texashistory.unt.edu/ark:/67531/metapth46222/m1/5/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Swisher County Library.