The Fairfield Recorder (Fairfield, Tex.), Vol. 79, No. 4, Ed. 1 Thursday, October 14, 1954 Page: 9 of 10
This newspaper is part of the collection entitled: Freestone County Area Newspaper Collection and was provided to The Portal to Texas History by the Fairfield Library.
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$1,9911
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•NANCIAL
the 7th i
Banking I
ting Laws ofl
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.....$ 651.53
^ance
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ction
Kirvin News
K. L. BYBURN *
Nathan Howard Gist tells
attending three different
Charter No. 12423 ' Reserve District No. 11
REPORT OP CONDITION OP THE
First National Bank
Hit Streetman In the State of Texas, at the close of business on
i®* ^ 7( 1954, published In response to call made by Comptroller
of the Currency, under Section 5211, U. S. Revised Statutes
ASSETS
[rash balances with other banks, including reserve
balance ,and cash items in process of collection
ufoited States Government obligations, direct and
guaranteed •..................................
E orate stocks (including $1,500.00 stock of Federal
if?‘'Reserve bank) .................................
K and discounts (including $None overdrafts)
premises owned $1.00, furniture and
^fixtures $1,200.00 ............................
estate owned other than bank premises
I other assets .......................................
I- Total Assets ...................................
LIABILITIES
Hand deposits of individuals, partnerships, and
corporations ...................................
I Time deposits of individuals, partnerships, and
corporations ...................................
[Deposits of United States Government (including
postal savings) .... ................. 9,491.68
$346,733.94
. 157,000.00
1,500.00
. 176,650.71
1,201.00
1.00
2.50
$083,089.15
$588,350.37
3,170.50
[Deposits °f States and political subdivisions
E^^Otal Deposits ................. $604,630.88
[Other liabilities .....................................
Total Liabilities ................................
CAPITAL ACCOUNTS
[Capital Stock: (c) Common stock, total par $25,000.00 .
plus ...........................................
Ilvlded profits ..........................
rves (and retirement account for preferred stock)
Total Capital Accounts .........................
3,612.24
196.59
$604,827.47
$ 25,000.00
25,000 00
13,261.68
15,000.00
$ 78,261.68
$683,089.15
$1,9914
named bank,|
condition kl
E CHILDS,
d sworn to I
day of.C
* >5
L. J. DAV*
'ublic,
, Texas.
Total Liabilities and Capital Accounts .......
MEMORANDA
[ASBets pledged or assigned to secure labilities
and for other purposes ............... $60,000.00
I R. C. Cole, President of the above named bank, do solemnly
[swear that the above statement is true to the best of my knowledge
| and belief.
R. C COLE, President.
CORRECT—ATTEST:
.1. G. MILNER,
H B. COLE,
R. G. BOUNDS,
Directors.
[STATE OF TEXAS,
DUNTY OF FREESTONE, ss:
Sworn to and subscribed be-
jfore me this 11th day of October,
11954, and I hereby certify that
[l am not an officer or director
[of this bank.
J. R. TATE,
Notary Public, Freestone
County, Texas.
My commission expires June
[1,1955.
STATEMENT OF THE CONDITION OF
First National Bank
• fZ--/ 1 4.
Teague, Texas
4 ~v ‘ *
At the Close of Business October 7, 1954
men, strong able bodied men,
are they idle because there is
no work that needs to be done?
No there is scarcely a day that
passes that people do not come
along wanting someone to work,
and as strange as it may sound
they can’t find any one. Why?
The job calls for toil, the wages
offered are reasonable but not
fabulous. So no one wants the
job We have too many people
who had rather look into a
mirror than to look out of a
window. The reason is plain.
When we look in a mirror we
see ourselves, but when we look
out of a window we see others.
We will never have better con-
ditions or better times until we
learn to care for the problems
and burdens of others. No group
can remain prosperous by stif-
ling or destroying other groups.
Whether we like it or not we
are our brothers keeper. We
must all succeed or we will all
fail. Selfishness is un-American
and it is un-Christian.
He said that the second meet-
ing was marked by scholarly
discussions, an appeal to the
intellect. Those assembled weigh-
ed, analyzed, interpreted this
and that fact. Ail of us apprec-
iate tins group. They are truly
trying to find the answer to out-
problem. But the answer evades
them. I listened to an interview
from A. & M. They said they
had spent a half million dollars
trying to develop a chicken that
would lay more eggs on less
feed. When asked if they would
succeed they said we have a lot
of degrees working on it. But a
half million dollars would buy a
lot of chicken feed, and every
citizen of Texas must help pay
this bill, and still the answer
evades them. A college degree
is not always the answer.
He said that the third group
was conducted by a group of
self sacrificing and earnest in-
dividuals bent on certain
achievements for the physical,
moral, and mental welfare of
their fellows. They had found
certain needs in the community
life and were considering how
best to serve the masses. There
was no factionalism, no partis-
an debate, no evidence of ulterior
motives. It was refreshing to
see the sincere attitude of folks
who wanted to do something
constructive and positive. No
thought of personal gain. Just
working for the good of all.
We have those three groups in
every community but we have
all too few of this last group and
yet this principle is what our
forefathers lived by. This prin
ciple has made America the
envy of all nations.
A man who has been a church
ieauer for 40 years told me that
he asked his young college
pastor to interpret a scripture
not understand the Bible 'with-
out ,the understanding of soclol
ogy. Such teaching as this will
certainly wreck our faith and
kill our Christianity. What we
need is more old fashioned faith
in God and humanity. The
sociology taught today in our
public schools and colleges
breeds infidelity and commu-
nism. We need to teach and prac-
tice the golden rule. There is no
modern plan that fills this need
or successfully take its place.
Mr. and Mrs. Pete Taylor and
daughter of Houston visited In'
the A. J. Davis home over the
weekend.
Pete Taylor, A. .1 Davis and
R. L. Ryburn attended a
Masonic meeting at Winkler
last Saturday night
Mr. and Mrs. A. B Nettle and
Jimmy of Dallas were visitors
in the Ryburn home last Sunday
afternoon.
Mr. and Mrs. Bruce Bumgard
ner and children of Fort Worth
visited Mr. and Mrs C. E.
Goolsby over the weekend.
Mr. and Mrs. J O York, Lee
and Ann of Teague visited in
the Ryburn home last Sunday
afternoon.
RESOURCES
Loans and Discounts ...................
Banking House ......................
Furniture and Fixtures .........
Other Real Estate ...................
U. S. Government Securities
Other Bonds and Securities
Cash in Vault and with Banks ...
Other Assets .......................
$ 703,379.91
18,000.00
10.906.00
5.00
1,449,556.00
336,879.95
1,014,477.46
628.72
TOTAL RESOURCES
, $3,533,327.04
LIABILITIES
Capital Stock ..............
Surplus ...........................
Undivided Profits ..........
Other Liabilities.....
DEPOSITS
$ 50,000.00
175,00000
54,806.06
. >.! >m; a: >
total liabilities
$3,533,327 01
OFFICERS
J E. WOODS,
President
HERBERT NEYLAND,
Executive Vice-Pres.
CLYDELL McSPADDEN,
Vice-President
J. C. McSPADDEN,
Cashier
MRS. JEWELL M. DOSS.
Assistant Cashier
DIRECTORS
J. E. WOODS W. K. RILEY
Herbert neyland, e. r. simmons
MRS. KATE P. SIMMONS
member federal deposit insurance
CORPORATION
®*ch Depositor Is Insured For A Maximum Amount
of $10,000.00
QUICK
SERVICE
The Fairfield
Recorder
Dial 2101
Miss Mary Adams and Miss
Virginia Grant of Dallas visited
in the home of Mr. and Mrs.
J. C. Adams over the weekend.
Mr. and Mrs. J. C. Adams, Miss
Mary Adams and Miss Virginia
Grant attended the Huntsville
rodeo last Sunday.
Pete Huckabee has been quite
ill for the past week. We hope
to see him up and about again
soon
Mr. and Mrs. Edwin . Chavers
and children of Post Oak, and
Mrs. Newburn Richardson and
children of Fairfield visited in
the Hilly Cannon home last
Sunday afternoon.
H. J. Cannon, Jr., and Edwin
Chavers carried a load of sheep
to the Fort Worth market Tues-
day
Mr. and Mrs. Leo Cherry visit-
ed Mr. and Mrs. Nute Webb at
Teague - last Sunday afternoon.
Mr and Mrs. Billy Nettle of
Houston and Mr. and Mrs. John
Nettle of Fairfield visited in the
B. 1. Smith home last Sunday.
Prof, and Mrs. Tom Cameron
and hoys of Fairfield visited in
the H. L. Milligan home last
Sunday afternoon.
Mr. and Mrs. J. B. Tims were
in Mexia trading last week.
I’ete Huckabee seems to be
:
—1-j-j-----THE FAIRFIELD RECORDER, FAIRFIELD, FREESTONE COUNTY, TEXAS,
meetings. He said the first was favorable for themselves. They. for him and he told him he could
marked by heated discussions. | were losing fo,. greater ease,
It was evident that this grpup,. . ., , “ ,,
was bent on getting self preset - less toil- lar«er returns. You can
vation was their motto. They jfind this group on any street
aimed to make condition's more'corner Many of them young
able
THURSDAY,
improving some from his recent
illness.
Will Marberry remains very
sick in the Teague Hospital.
Mrs. Lera Bone is sick in the
home of her daughter, Mrs. Pete
Williams, in Wortham.
1*64—PAGE
OCT. 14,
Kirvin Baptist
Church News
Ward Prairie
Church
REV. W. H. nonc.es, raster
Sunday School each Sunday,
10:15 A. M.
Second and Fourth Sunday
Church Services, 11:00 A. M. and
8:00 P. M. 4
BTS—Each Sunday at 7 P. M.
calendar
M —Sunday ScfeaaL
Corinth Church
Of Dew
REV. C. L. FREDERICK, l’astoi
Services each Sunuay:
10:00 A M—Sunday School.
11:00 A. M.—Preaching.
7:30 P. M.—Evening Services.
9:45 A.
11 A. M.—Morning Worshdp
6:30 P. M.—Training Union.
7 P. M —Worship.
2 P. M. Monday—WMS UM
inf.
7 P. M. Wednesday —; Prayi
Meeting.
We welcome you In every M
vice. Pray for us and plan I
attend all services poaUbh.
-o '
Caney Baptist
Church
REV. BILL THOMPSON, hale
Services each Sunday.
10:00 a. M — Sunday School
11:00 A. M—Preaching.
7:00 P. M —Bible Study.
7:45 p. M — Evening Service.
7:00 P. M. Wednesday—MM
week Service.
4''m
h\ oil-producing
school* ore substantially
supported by
oil induttry taxes.
*****
/
-Ot-V
Detergents and o hundred other
•terns of daily use ore derived from
petroleum hydrocarbons
Synthetic fabric* Ore
mode from petroleum hydros J
carbon*.
Oil and natural gas supply
power for industries
M
ihr?
OIL
IS AT YOUR
SERVICE
Petroleum fuels the mq% ’
h.nes of netioool deft**.
Cert bum gasoline, use
tires of synthetic
Oil power. It* U, S
transportation syttaat 1
Homes ore heated by o«l
or got-burning turnocev
Notural got it the fuel
♦or millions of kitchen stove*
Printing inks, paints ond
plastics ore petroleum t
• rivotives.
The products of the petroleum industry are literally everywhere.
o Every hour of the day, oil or natural gas serves you and virtually
every other American. Oil is indispensable to our way of life; it
makes the United States a better, safer country to live in.
You may wake in the morning in a room warmed by a furnace burning fuel
oil or natural gas.
You drive to work, and your car burns gasoline, uses petroleum oils and
greases for lubricants, rolls on tires of synthetic rubber which had their beginning
in an oil refinery.
The plant where you work may depend on oil or natural gas as the source of
its power. The oil and gas industry supplies 65% of the nation’s energy
requirements.
Meanwhile, if you live in Texas, your children are attending schools to
the support of which the oil industry pays heavy production and ad valorem taxes.
And your U. S. Army, Navy and Air Force plan the national defense with confi-
dence that the oil industry has developed the proven reserves that can fuel their
machines of war. Oil also supplies munitions — TNT for instance.
Finally, the lady of the house may prepare dinner orf a stove fueled with
natural gas, and you may go to bed in pajamas laundered w ith a petroleum deter-
gent, after reading a newspaper printed with ink made from oil, in a room
decorated with a paint manufactured from petroleum.
... And that’s only a beginning.
The products of the petroleum industry, oil and natural gas. head the list
of our most useful resources. A progressive, competitive oil industry, encouraged
in the future as in the past, will undertake the further development that will keep
them there.
HUMBLE OIL & REFINING COMPANY
HUMBLE PIPE LINE COMPANY
HUMBLE
THIS IS
OIL PROGRESS
WEEK
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Kirgan, Joe Lee. The Fairfield Recorder (Fairfield, Tex.), Vol. 79, No. 4, Ed. 1 Thursday, October 14, 1954, newspaper, October 14, 1954; (https://texashistory.unt.edu/ark:/67531/metapth1125299/m1/9/?q=%22~1~1%22~1: accessed July 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Fairfield Library.