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Story
January 17, 1956
The Farmville Herald And Farmer Leader
Farmville, Prince Edward County, Virginia
What is this article about?
In 1955, residents of six Herald area counties in Virginia purchased $573,243 in Series E and H savings bonds. Amelia and Prince Edward exceeded their Treasury Department goals, while others fell short.
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Amelia, Prince Edward 'Over Top'
Savings Bond Purchases In Six
Herald Area Counties $573,243
Better than half-million dollars in Series E and H saving bonds were purchased by persons in the Herald area counties of Amelia, Buckingham, Charlotte, Cumberland, Powhatan and Prince Edward during 1955.
The total purchase was $573,234 and in two of the counties, Amelia and Prince Edward, goals established by the Treasury Department, Saving Bond Division, were attained.
Amelia with a goal of $85,000 reached 139 per cent with sales totaling $118,093 under the direction of County Chairman W. D. Barr.
Prince Edward, with L. E. Andrews as bond chairman, had a quota of $275,000 and sales totaled $275,042.
Sales in the remaining counties and the per cent of the year's quota were: Buckingham, $51,410 --79 per cent; Charlotte, $84,278 --70 per cent; Cumberland, $4,656 --19 per cent; and Powhatan, $39,764--53 per cent.
Other county chairmen are: R. J. Hutchings and V. Wayne Dawson, co-chairman, Buckingham; L. W. Morton, Jr., Charlotte; E. L. Seay, Jr., Cumberland, and G. K. Wright, Powhatan.
E Bonds provide accumulating interest payable at maturity while, H. Bonds provide semi-annual interest payments.
Savings Bond Purchases In Six
Herald Area Counties $573,243
Better than half-million dollars in Series E and H saving bonds were purchased by persons in the Herald area counties of Amelia, Buckingham, Charlotte, Cumberland, Powhatan and Prince Edward during 1955.
The total purchase was $573,234 and in two of the counties, Amelia and Prince Edward, goals established by the Treasury Department, Saving Bond Division, were attained.
Amelia with a goal of $85,000 reached 139 per cent with sales totaling $118,093 under the direction of County Chairman W. D. Barr.
Prince Edward, with L. E. Andrews as bond chairman, had a quota of $275,000 and sales totaled $275,042.
Sales in the remaining counties and the per cent of the year's quota were: Buckingham, $51,410 --79 per cent; Charlotte, $84,278 --70 per cent; Cumberland, $4,656 --19 per cent; and Powhatan, $39,764--53 per cent.
Other county chairmen are: R. J. Hutchings and V. Wayne Dawson, co-chairman, Buckingham; L. W. Morton, Jr., Charlotte; E. L. Seay, Jr., Cumberland, and G. K. Wright, Powhatan.
E Bonds provide accumulating interest payable at maturity while, H. Bonds provide semi-annual interest payments.
What sub-type of article is it?
Historical Event
What themes does it cover?
Triumph
What keywords are associated?
Savings Bonds
Series E H
County Purchases
1955 Sales
Treasury Goals
What entities or persons were involved?
W. D. Barr
L. E. Andrews
R. J. Hutchings
V. Wayne Dawson
L. W. Morton Jr.
E. L. Seay Jr.
G. K. Wright
Where did it happen?
Herald Area Counties Of Amelia, Buckingham, Charlotte, Cumberland, Powhatan And Prince Edward
Story Details
Key Persons
W. D. Barr
L. E. Andrews
R. J. Hutchings
V. Wayne Dawson
L. W. Morton Jr.
E. L. Seay Jr.
G. K. Wright
Location
Herald Area Counties Of Amelia, Buckingham, Charlotte, Cumberland, Powhatan And Prince Edward
Event Date
1955
Story Details
Residents purchased $573,243 in Series E and H savings bonds across six counties, with Amelia and Prince Edward meeting or exceeding goals under chairmen W. D. Barr and L. E. Andrews; other counties fell short.