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Fair and warm tonight. Mootly Mnny and hot with widely scat

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tered thundershowers Thursday.

TRUTH IN PREFERENCE TO FICTION

/ ......_ ,

All Dei>artments

Vol. 129 No. 534

HEMBER OF ASSOCIATED PRESSGREENVILLE, N. C. WEDNESDAY AFTERNOON, AUGUST 26. 1959 12 Pages Today Price 5 Cento

I

Marking Time

Enthusiastic Welcome Awaits In Bonn

As President Eisenhower Spans Ocean

DEFENDANT AND COUNSEL . . . Thoma Stocks, (right) on trial for murder, confers with his lawyer A. B. Dunn before court convened this morning.

Jury

Stocks Trial Still Being Picked

By HERB ALTSCHULL | One of the most enthusiastic re-BONN, Germany (AP) Presi-,ceptions he has ever met awaited dent Eisenhower spanned the At- him.

lantic today to bring his person-! The airport, 20 miles from the to-person diplomacy to Bonn, Lon- West German capital of Bonn, don and Paris. jwas decked with its most festive

The jet-sped President left;display. The red, white and blue Washington, stopped briefly for a of the United States fluttered be-refueling stop in Newfoundland,!side the black, red and gold of and riew on over Ireland toward West Germany, an evening landing at nearby | It Ls the first time an American Wahn Airport. President ever has visited Bonn-

Farmville Ready To Offer Land For New Armory

Call In Marines?

FARMVILLE Commissioners here this morning authorized Mayor Charles S. Edwards to officially notify State Adjutant General Capus Waynick that the town will maae a five-acre plot of land available io* a new National Guard Armory.

Mayor Edwards said the land, cn w'hich the town holds an option, is located on Horne Ave. across U. S. 258 from the swimming pool and adjacent to the goli course.

The new' armory site replaces a f mailer area adjacent to the swimming pool which had been given earlier.

Mayor Edward.s said the new Site was Inspected last week by cfficials of the National Guard and approved as being suitable.

Ti;e smaller piece of property, which had already been deeded |

WASHINGTON AP) A Texas congressman called today for *a few hundred Marines to patrol the streets of IVashington, plagued recently by hoodlumism.

Rep. Omar Burleson (D-Tex) spelled out his proposal in the Congressional Record, urging enactment of a bill he introduced Tuesday. It would authorize assignment of two companies wf Marines as a temporary auxiliary to the Metropolitan police force.

Let me make it perfectly clear that the proposal is not intended in any sense as a declaration of martial law, Burleson said.

He said he thinks police are doing their best but crime in Washington has risen steadily for six months. A proposal is pending to add 500 men to the 2,.500-man Metropolitan police force, but congressional action is unlike4y until next year.

And it marks also the first time an American President has been invited to Germany, a country against which the United Stales has fought two wars in this century.

The I^resident left Washington early in the morning.

The plane was back In the air at 6:29 a.m. (EST), bound directly for Bonn.

The forecast was for good

cials not show up to see him off and none did.

Eisenhower is going to Bonn, Paris and London as a prelude to

weather all the way, with the gi-j trading official visits with Soviet ant plane cruising along at 540 Nikita Khrushchev,

miles an hour, aided by a 46-mile i tn lands where he soared to tailwind, at an altitude of 29,000 ^ the nemesis of Nazi ag-

A white and silver Air Force jet feet.

jgressors, the President is prepared

with the President and his party

aboard roared away into the pre- hower got up and drove to the air-dawn darkness from Andrews Air port with her husband. Both were Force Base. ! bright-eyed and smiling although

The time was 2:57 a.m.. the they had less than six hours sleep, destination, Bonn, Germany. 9V2: Maj. John Eisenhower, their hours away. son. who is assistant White House

The first stop was Harmon Air .staff secretary, came along and

I to lav flown <;nlcmn nrnmisp that sevevai nuurs. Aiiav ui-

In spite of the hour. Mrs. Eisen- fn ers time for solving massive cold

Informal basis, with Foreien Minister Fernando CasUella o. Spain in London. And in Paris he will see Prime Minister Antonie Segni of Italy and President M. A. H. Luns and Secretary General Paul-Henry Spaak of NATO.

The sessions will last from one to several hours. That scarcely of-

accompanied his father on the flight. The President, in a gray

silk suit, and the First Lady, in a black-and-white checked dress.

Force Base, Newfoundland, where the presidential plane made an

hours refueling stop.

James C. Hagerty. presidential press secretary, radioed back to!went up the steps to the plane to-the Pentagon that flying time i aether and spent a couple of min-

was 2 hours and 26 minutes at an utes inside.

altitude of 29,000 feet. i They came outside and Mrs.

In advance, the Presidents Eisenhower kissed her husband flight crew figured on a speed of^squarely on the lips. He grinned 540 miles an hour, aided by a as if he liked it.

46-mile tailwind. Weather was re-; Because of the hour, Eisenhow'cr ported good all the way. had asked that government offi-

the United States once again will join in the use of force, if need be. problems,

to repeal aggression.

While sounding this warning to the Soviet Union, he also proposes to say that the United States seeks

But the meetings may tighten ties of the West, bring more unity where evidence of disunity has become apparent, and enable Eiscn-

to be a loyal partner in advancing l^^^wer to head into conference! the cause of peace with honorKhrushchev confident of Aland justice. lied support.

ThCvse are two of the paramount! The chief executive Is taking

purposes of a 10-day venture into 1 four top officials to Europe, in personal diplomacy. Eisenhower addition to a dozen members of listed them at a farewell news the White House and State Deconference Tuesday. ipartment staffs. Secretary of Statn

He will confer separately with |Christian A. Herter is going along. Chancellor Konrad Adenauer of So are Thomas S. Gates Jr., depu-West Germany. Prime Ministerity secretary of defense; Livingston Harold Macmillan of Britain and T. Merchant, deputy undersecre-President Charles de Gaulle of tary of state: and John N. Irwin

France.

He will consult, too. on a more

n, assistant secretary of defense for international security affairs.

appropriation has

to the state, will revert back to Bt HENRY HOWARD I Of the number examined ^owm

Rpflertor Staff Writer I morning, several were dismissed! ^ , ,u

Jury selection continued this because of opposition to capital morning and three new jurors punishment.

were selected in Superior Court! xhe jurors .selected thus far are:

In efforts to complete a panel of w, M. Pollard. Greenville; W. F.

13 jurors to hear the murder trial stokes, Stokes; W. Floyd Thomp-of Thomas Abner Stocks. son, Ayden; Howard Pittman, Ay-

Immediately, after the morning den; Jack D. Bryant. Greenville;

ession began at 9:30. one of the,Walter Lee Stroud, Ayden; Thom-previously-selected jurors was ex-as Frank Lmeburger, Bethel; cused from duty because of ill-,Bruce L. Wade, Grifton; J. T. ness. At 12:30 today, three addl- Nolan. Greenville; and Vernon tional members for the jury had Whaley, Grifton. Jonas Edwards, been selected, raising the number .Fountain, after being selected approved to 10. I yesterday, was excused this morn-

Alter beglnnin the Juror ex-:>"e by Judge Bundy because ol ill-mlnations this morning with

names remaining on the special According to law, the .elected

jurymen were taken into protec-1 live custody and guarded by the

Faubus-Admirer Next Governor Of Mississippi

Grand Jury Advises Corrections At Pitt County Home, Or Close It Down

Pitts County Home should be area was reported in good condi-condcmned and clo.sed unless, tion. Buildings were described as present conditions are corrected, | being in fair shape but In need according to a report yesterday to of some painting and a general the current term of Superior Court cleaning up. The kit.ien needs

and urged to in.spect the County Home in the near future with the idea of taking corrective measures for the deplorable situation. The jail at Fountain, inspected

by the Pitt County Grand Jury.,a general scrubbing with soap by the group, was described as

Tlie report also described the and water, the statement re-having cell doors loosely attached

Fountain jail as being in very ported. to the wall and as using dirty

bad condition and recommended! The Grand Jury reported that mattresses. If conditions are not that, unless conditions are cor- flies and gnats are prevalent and corrected, the jail should be con-rected there, it should also be that porches and other sitting | aemned, the report said.

Farmville armory construction

The state will pay a portion ofj

the cost and the town will be re-1

quired to pay $21.000 along with:

turnishmg the site. ;

Mayor Edwards said the County 1 y.p^coN Miss (AP) - Ro.s.si Comrnissionc-rs had committed thej_ JACKSON. Rass

county .0 pay $7.500 cn the local

rilare of th cost several Mississippis next governor.

However, ^t Barnett, who publicly approved

^^ tactlcs of ArkansES Gov. Or-We re hoping the commi^ion r ^ fighting school

will see in to revise the integration, rolled to a solid vie-!

and will help us with the $21,000jj.^ iror r.t nrv Parmll flartini plus the cost of the property

condemned. area should be screened. General

Twenty-iive of which living conditions for the Inmates

n are white women, five are white I were described a.s deplorable. men, four are Negro women, and' Pitt Countys Board of Commi.s-five are Negro men, are now hous-; sloners and presiding Judge Wil-

The report further stated that the Pitt County jail, as well as oher jails In the county, had been inspected and found to need some painting, fan installation, and

cd by the County Home. The yard iliam J. Bundy ware recommended I third-floor damage, caused by ra

diator leakage, repairing. Jailen in the county wer commended for the clean and sanitary edndi-tions found in the jails.

All the countys school buses were reported inspected and found in good condition. The Grand Jury reported that it had accepted the report of T. M. Martin, highway patrolman, stating that all school buses had been inspected and determined to be in good condition.

The Grand Jury returned 3S bills of indictment. Eighteen were designated as true bills, three were not true bills, and two wen held over.

SouthemDemos Hit Butler Tobacco Prices

Again Advance

Mayor Edwards stated.

Plan To Meet Party Revolt

ceiure ILst, more than 25 prospective jurors w-ere examined by 12:30

with the selection of three addi-. Sheriff's department. They were tional jurors. Judge William J. allowed to notify their families by Bundy had ordered a special ve-,phone of their selection and iso-nire last Monday afternoon as the la tion.

Stocks case came before the court.! The defendants family appeared in the court room this morn-

Flight Training For Astronauts

Durham Board Says No To 2111

ing for the first time. Stocks mo-j

ther was in tears as she enteredi DURHAM (AP) Requests for with other farnily reassignment of 201 Negro chilly before the morning sssmn j ^ schools here were

opened. rejected by the Durham Board of

Stocks is charged with first Education Tuesday night.

Another 24 requests are to be considered by the board Friday night.

Board Chairman Frank Puller Jr. announced the boards action Tuesday night after a two and

is charged with degree murder in the Dec. 20 slaying of his former wife, Helen Edward.s. He has also been charged JOHNSVILLE, Pa. (AP) The with felonious assault with the in-

aeven men W'ho plan to be the | tent to kill a Tarboro man, E.

first Americans to blast off into, Harvey (Duck) Lewis. The defend-

pace have been practicing that ant was indicted by the Pitt Coun-lgne-half hour closed session, maneuver and the feat of re-|ty Grand Jury for both charges. Fuller made no comment on the turning safely to earth with ia.st January. boards action. He said the board

amazing realism in a Navy cen-; Dres.sed neatly in a light greyn^ight have a statement at a later trifuge here. |.suit, Stocks has appeared calm'ate.

The Mercury astronauts say dui;ing the first three days of He did say the scheduling of

their training here has made them jury selection. He still wears a another meeting Friday to consid-

more confident than ever that they brace on his back from back In-iej. the remaining 24 requests did will be able to fly a satellite'juries received the night of Miss necessarily mean that any or

three times or more around the Edwards death w hen earth, at 18,(XX) miles an hour.; overturned three times. They will have to put on brakes it is expected that the

his car

jury

in the form of reverse-firing rockets . firmly enough to ease down to a parachute landing off the Florida coast.

Three of the astronauts Lt.

might be completed by sometime tomorrow and the prosecution could l>egin its case against Stocks.

The defendant is being defend-

all of them would be granted.

The 225 petitions for reassignment to white schools were filed

tory over Lt. Gov, Carroll Gartin in the Democratic runoff Tuesday.

Unofficial returns from 1,777 of WASHINGTON (AP) Angry,inces. it can withhold its support the states 1,828 precincts today Southern Democratic leaders have for them in the Electoral Col

pa ve Barnett 217,842 votes to 184,-'condemned Party Chairman Paul 170 for Gartin. IM. Butler and his plan to deal

Barnett, making segregation a with any Dixie revolt at the major point, gained voter support^partys 1960 national convention, which exceeded even his own pre-1 A spokesman for Butlers office

diction that he w'ould carry 60 of the 82 counties. With only a handful of precincts out, he led in 63.

The veteran campaigner, who succeeded in his third effort to become governor, said today he will work until the Jan. 19 inauguration conferring with other governors on segregation and planning his legislative program on raoial and other matters.

I am going to put forth every

said Tuesday the chaii'man will ask the National Committee to adopt again the rule that state delegations are admitted to the convention with an understanding that their state Democraic organization w'ill support the candidates nominated. Conceivably, it could be used to bar delegations not committed to support the ticket.

Some Southern states have

effort to organize Southern gov

ernors, Barnett said, to create and crystallize public opinion throughout the nation with reference to our traditions and Southern way of life.

He has advocated a solid Southern front on segregation and bitterly opposed all moderates on racial matters.

As Democratic nominee in this Deep South state, Barnett is assured election. Republicans offer no opposition And the general elec

taken steps, by legislation or by

lege. Should this result in no candidate getting the necessary majority vote in the Electoral College, the election w'ould be thrown Into the House of Representatives, where each state has one vote.

Southern opposition to Butlers plan developed quickly.

Senators Strom Thurmond (D-SC) and Herman E. Talmadge (D-Ga) called for Butlers resignation or dismissal, and Sen. John Sparkman (D-Ala) said some of But-legs recent statements have sounded like talk calculated at

provide a good opportunity for someone to move that Butler be fired, or for Butler to resign for the good of the party.

Douglas was the first of the Northern Democrats to comment. He said he couldnt see why there should be any row about it.

He said it seemed to him that if such an issue causes a real split in the party, it would indicate they wanted to split anyway.

pushing the South out of the party.

Sen. Paul Douglas (D-Ill) spoke

Approves Honors In Secret War

action of their state Dem^ratic I jjj favor of the proposal.

Brown smoking tobacco continued to sell high on yesterdaya sales and the Greenville tobacco market ended the day with a $56.73 average.

Sales Supervisor W. I*. Whedbea said the market sold 855,540 pounds of tobacco for $485,390J9 on yesterdays sales.

Prices on tobacco, already at an all-time high, advanced again yesterday and are holding ilrm at the new high level on todays sale, Whedbee said. The quality of yesterdays offerings, however, declined somewhat.

The prices on Iwown smoking tobacco continued to climb yester-aay and today above an all-time record high of 69 years. Nobody

was no comment fromi^th II today approved awards to

has ever seen anything like it LONDON (AP) Queen Eliza-1*^^ore. Farmers are more than

- ruMei-5. for the 31 British soldiers who fought

lots and to choose uninstructed electors to cast the states electoral college votes.

Thus, if the states Democratic organization doesnt like the nom-

Cmdr. Alan B. Shepard Jr.. 35; ed by Attorney.s Albion Dunn and Navy Lt. Malcolm S. Carpenter.jW. E. Cavendish.

33; and Air Force Capt. Leroy | -

Gordon Cooper Jr., 32 discussed,

their work at a news conference! O P'Anfa

here Tuesday night after a cen- * ^

trifuge flight demonstration by Cooper.

Cooper rode strapped in a couch similar to that designed for the

For Violation

OLATHE, Kan. (AP)

Ronald

School Addition Won't Be Ready

, , , . . . The new addition to the Elm-

connection 'with the reassignment, criticized Colerqan for inviting the gchool will not be completed requests. He said it was just a FBI into the investigatmn of the Greenville City Schools

cnnntanAniiiR rpaction Mnrlr Parkpr ivnrhinir at Ponlar- . ,____ ___

before Mondays deadline for such;tion is a mere formality to taking requests. I office for a four-year term.

(Tonrad O. Pearson, an attorney! Barnett will succeed Gov. J. P.^ for the National Assn. for the Ad-1 Coleman, who backed Gartin andj vancement of Colored People, said^was accused by Barnett of trying! thought the iSTAACP had no to become a dictator, Barnett also

1960 Democratic presidential nomination.

Thurmond, who led the 1948 Dixie Democrats walkout and became the States Rights partys presidential nominee, told a reporter, The people of South Caro-

a

secret war in the Arabian desert.

The airborne task force 175 men of Britains crack special Air Service Regiment flew to the British protectorate of Muscat and Oman last January. Rebels there had seized a seemingly Impreg-

lina are going to vote as theynable position atop 10.000-foot Mt. please and no one Ls going toiAkdar. They repulsed every at^ coerce themand that goes for tempt by soldieia of the ruling Mr, Paul Butler too. sultan to dislodge them.

Sen. Talmadge said he thought the Sept. 16 meeting of the Democratic National Committee would

The British force flew in from Singapore and defeated the rebels after a four-week campaign.

overjoyed with the high prices

they are receiving. Practically no tags are being turned and Stabilization receipts on the Greenville market are very, very small.* The sales supervi.sor said top tobacco Is selling in Greenville for $75 strlckiy company purchase Prices continued today on ail grades of tobacco at the same high level a.s was evidenced ye.s-terday, Whedbee stated. This years crop is suiting all companies on the Greenville market and particularly suiting the domestic companies,

spontaneous reaction. Mack Parker lynching at Poplar

In another development Tues- ville April 25.

day, the Craven County Board of! -

Education approved applications, p .ii II

of 17 Negro children of service-1FSiriTlVllIC IVISllt men at the Cherry Point Marine

Mercury capsules. He went round Gardner, 30. pleaded guilty Tues-

Air Station for transfer to Have-

and round in a capsule at the end day to driving his truck 52 miles of a 50-foot-long centrifuge arm.!an hour in a 50-mlle zone.

It can deliver up to 40 times thej Magistrate William S. Allen told

force of gravity.

Experts said the device simulated almost exactly the gravity forces to which an astronaut will he .subjected when a missile boosts him into orbit, and then the re-tum-rockets or braking devices fclow' him down so that he will enter the earths atmosphere again.

the prosecutor he didnt w'ant to see another similar case in his court. He fined Gardner 2 cents and said: Thats just what I think of this case.

Gardner said he didnt have the money. He had to leave a paycheck with the county clerk as security until he got the 2 cents.

lock area elementary schools for

the new term starting Friday.

The children have been attending schools about 20 miles from the base and Havelock.

PI.ANNING-ZONING MEET SCHEDULED TONIGHT

The Planning-Zoning Commission will meet tonight at 8 oclock.

The meeting will be held In the City Council room at City Hall^

Has $53.05 Day

open, according to June H. Rose, superintendent of city .schools.! Three grouj^ of Elmhurst chil-j dren have been a.ssigned to other; schools due to the uncompleted

construction.

Information from the office of! Friends of East Carolina College city schools state.s that the two are invited by Dr. John D. Mes-slxth grade originally assigned to sick, pres'dent, to open house

Open House At East Carolina College Is Planned' August 31

FARMVILLE An average of $53.05 wa.s posted on the Farmville |Elmhurst will attend the Junior at the college next Monday, Aug-Tobacco Market yesterday a.s 357,-High School. One of the Elmhurst ust 31, for in..pection of four re

fourth grades will attend Wahl-

032 pounds of tobacco were sold L r $189,420.75.

Sales Supervisor Charle.s S. Ed-1 re-a.s.signed children wards said quality yesterday waslnotified by letter.

Coates School. The parents of the have been

not up to previous days.

"Prlcc.s were just a.s good as theyve been any time but quality w'as off. he declared.

Indians Told Red China Has Declared Cold War

NEW DELHI, India (AP) A leading Indian newspaper chain said today that Communist China ha.s declared a cold war against India which is forcing thus country to forget about nonalignment.

The Indian Express, published In New Delhi. Bombay and Madras. said Chinas policies since the Tibet revolt last March have frightened her neighbors and al-iiMiated her friends.

I'lie result, tlie Indian Express said, is an agonuAng reappraLn-al wrdch is bringing Indian tur-eign 'policy more closely In line with that of the Western nations. The article, .signed by t!ie Ex

burled

istence of 1954 l.s dead five fathoin.s deep.

The article said that in return for Indias continued proferriiig of friendship. Peiping has declared cold war on India, dubbing her

vain. For this la exactly the role the West ha.s desired India to

All Greenville School children

'ently completed and renovated

buildlng.s.

The Administihtion Building, Rawl Building, .Jone.s Hall, and ine New South Cafeteria will be

wards of 450 students on the sec-1 that open house i.s being held at end floor. A student lounge, soda'this time to permit public liispec-shop and book store are facilities! tion of tliese new facilities prior CP the first floor and are being lo the arrival of students on Tue.s-used for the first time in Septem-: day and Wednesday for the open-

! mg of the Fall quarter of the new President Me.ssick said today^rollege year.

Grimesland Citizens Will

children, who wiU begin school;- g 3Q

fend against any attack.

The State.srnan said the Chine.se play in Asia and which India has recently imprisoned tw'o Bhuta-;31. persistently refused to accept. nc.se mailrunners at Yatung, a Ti-

, TT 1 ibel-an city through which mo.st

This Is the Un^ for Uncle commerce from India

to hawk SEATO around once ^

August 31 at 3 p.m. All children will be dismissed by lunch time the first day.

School fee.s this year will be: In.surance, $2,00; elementary supplementary, $3.00; .senior liigli rental fee, $3.60; iiigh school supplementary, $3,00. Pupils are asked to bring these fees on August

vuiu -a, to n*wx odniyj arouiiu ui.c j

.S' "I!* The SUteVman aato thare has

obsUTicUnj Indian trade in ola-,many takers. much Interference that

India and man.v of her neigh-, Bhutan is no longer using the Ya

tion of the treaty.

Whether India likes the role or^bors held aloof from SEATO. the,tung route. The story declared not. noii-ConmuuiLst nation.s on the!Southeast Asia Treaty Organiza-1|,at among those involved In In-periptn-ry of llie Cliiue.se landjlion, wiieu U was organi/.eii in ciUents In Yatung were the prime

mlnl-lera of buth India and Sik-

niass Will increa.slnglv look to lier|l9>l.

andia) as they prepare to defend! Another leading newspaper, thelkim who were detained by the against Chinese Communist ex-1 statesman of Calcutta apd New Chinese virtually at submachine parLsiunisin. the Express added.!Delhi, reported new teasiona be-!gun point."

China i.s accompll.hlng for the tween Communi.ri China and Bhu-| The Statesman did not .av when iirA** rvAthi editor said the In- We.st what the United States has tan. the tiny protecturafe which the incidents occurred, r give theiba.srd on iian-Red Chinese treaty of cocx-lbccn attempting aU these years IniNchru hws said India would de-isourcc of- inormaon. Iwhich were hugely in error.

Admit Setting Goals Too High

TOKYO (AP) - Chinas Communist rutt'ivs admitted today that tiieir production targets fur 1959 are too lioili and luiut be reduced.

The Chinese Communist partys Central Committee said the targets for grain and* cotton were 19.78 production figures

The Ad$ninistratlon Building on 5th Street has been doubled in .size and more spacious facilities provided for the college administrative officers.

Rawl Building, a classroom facility, hou.se.i, the Bu.slness Education, Education and Psychology Departments on first and second floors, the Art Department on the third floor. The cla.ssroom building is adjacent to Graham building, cn ^he east side.

Jones Hall is the residence hall for men students on the south of TOih Street, across from the Gymnasium and College Stadium. It ai.so contain.s a cafeteria to ac-coniodat llie men .students in iiat dormitory. Another similar r>pe structure Is now being erect-;d. Each of these new doiinltorles Will hou.c 520 students.

The New' Cafeteria, a 2-.story unit, ha facilities for feeding up-

Vote Sept. 29 On Money

GRIMESLAND Citizens will vote here on Sept, 29 on a pro-po.sal to provide funds for a town

lag today and continuing until Sept. 19.

The regLtrar for the election is Mrs. Amile W. Buck. Election

water sv.stem and purcha.sing a judges are Nellie Galloway and

11P trick.

Forty thousand dollars of the amount needed would be withdrawn from the 1126.000 which Grmf-dand received from Carolina Power and Light Co. when the town 5old its electrical system to n private power company

Another $30 000 now in the gen-tr.il fmui would be u.sed for the prujecl if llie voters approve.

There will not be a new- registration required for llie special clecliun. However, the regl.stiation U.ok.s will be kept open by the rf!ii.irar from 9 n'ilo<k until 5

cuch day except Sunday beginn-iflie truck?

Lucille EUks. ,

Voicr.-, will ca.st thrir ballots 'yrs or no in answer to th following question:

Shall the qualified votera of tile Town of Grimesland approva he withdrawal of $40,000 from th principal sum of $126,000 now being held by Carolina Power and Light Company and being the purchase price of llie Towns electric dlstilbuiion system, said $40.-O to be used and expended by the town akng with $30.000 now i.i the general fund of iaid Town, for the purfHise of providing fur ud Town a water tysttm aud