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Milton E. Hogan

Milton E. Hogan was cashier of the Bank of Chapel Hill and worked at the bank for more than 25 years. He was president of the Orange County Building and Loan Association, a Chapel Hill alderman and a school board member, and he was president of the North Carolina Bankers' Association when he drowned at Wrightsville Beach in August 1936.

Source: DigitalNC: Chapel Hill Weekly, August 14, 1936, p. 5 (Milton Hogan Is Drowned in Sea At Wrightsville)

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Life and Orange County connections

Dated events connected with this person, in date order. See these 54 dated events in the chronology →

  1. The Bank of Chapel Hill elects Milton E. Hogan cashier At the directors' annual meeting in the bank building, cashier J. C. Taylor resigned; Milton E. Hogan was elected cashier and John P. Cole assistant cashier, and a ten percent dividend was declared. M. C. S. Noble stayed on as president and H. H. Patterson as vice-president. People: James Cole Taylor, M. C. S. Noble, Henry Houston Patterson, Milton E. HoganSearch the index · The News (Chapel Hill), January 14, 1915, p. 4
  2. Bank cashier Milton E. Hogan buys the Thomas Hume house on West Franklin Street By early September 1916 Milton E. Hogan, cashier of the Bank of Chapel Hill, had bought the West Franklin Street residence of Dr. Thomas Hume, and in January 1917 the News reported him building an addition to 'his house, the Hume place.' The house later passed to Caesar Cone, a fraternity and the University, and in 1943 held the high school. People: Thomas Hume, Milton E. HoganSearch the index · Bernard Lee Bryant Jr., Occupants and Structures of Franklin Street, Chapel Hill (1998; Chapel Hill Historical Society, 1999), scan p. 207 · Also: The News (Chapel Hill), September 7, 1916, p. 1; The News (Chapel Hill), January 11, 1917, p. 1
  3. The Orange County Building and Loan Association is organized at Chapel Hill In early November 1916 articles of incorporation were being filed for the Orange County Building and Loan Association at Chapel Hill, to lend to members to buy, improve or clear real estate. The cashiers of the Bank of Chapel Hill and the Peoples Bank took subscriptions, aiming at 600 shares, with weekly payments of 25 cents a share to start in December. The association itself later counted from March 1, 1920: its reports in the Chapel Hill Weekly in the late 1920s gave that as the date of its organization, and none mentioned 1916. People: C. B. Griffin, Milton E. HoganSearch the index · The News (Chapel Hill), November 2, 1916, p. 4 · Also: Chapel Hill Weekly, March 16, 1928, p. 1; Chapel Hill Weekly, March 12, 1926, p. 4; Chapel Hill Weekly, November 13, 1925, p. 2; Chapel Hill Weekly, March 14, 1930, p. 1; Chapel Hill Weekly, January 22, 1932, p. 1; Chapel Hill Weekly, October 7, 1932, p. 4; Chapel Hill Weekly, January 27, 1933, p. 1
  4. Paul C. Collins leads Orange County's First Liberty Loan, and the county's banks sell $51,650 in bonds Hillsborough banker Paul C. Collins was county chairman of the men's committee for the First Liberty Loan. The four banks in the county sold $51,650 in bonds, $30,150 of them at his Bank of Orange; he went on to chair the second, third and fourth loans. People: Milton E. HoganSearch the index · Documenting the American South: A Record of the War Activities in Orange County, North Carolina, 1917-1919, pp. 61-62
  5. Isaac W. Pritchard becomes vice-president of the Bank of Chapel Hill The Bank of Chapel Hill's advertisements in the News, which had long listed Pritchard among its directors, began naming him vice-president, under president M. C. S. Noble and cashier M. E. Hogan. People: M. C. S. Noble, Milton E. HoganSearch the index · DigitalNC: The News (Chapel Hill), September 13, 1917, p. 5
  6. A Chapel Hill committee opens the town canvass for the Graham Memorial fund A committee for Chapel Hill wrote to the townspeople that the local campaign for the Graham Memorial, a student activities building in memory of President Edward Kidder Graham, was beginning and that members would call for subscriptions. No quota was set; the students had already pledged between $20,000 and $25,000 of the $150,000 sought. The committee called it the first town campaign for a large campus enterprise since 1904. People: W. S. Roberson, C. B. Griffin, Milton E. HoganSearch the index · The News (Chapel Hill), March 20, 1919, p. 1
  7. The big rock in front of M. E. Hogan's house, a Chapel Hill landmark, is blasted away The big rock in front of banker M. E. Hogan's residence, which the News counted among the town's old landmarks, was dynamited and removed. People: Milton E. HoganSearch the index · The News (Chapel Hill), October 5, 1922, p. 5
  8. The Bank of Chapel Hill backs the high school boys' purebred Jersey program The Bank of Chapel Hill came out for the better live stock campaign of the agricultural boys in the Chapel Hill high school and offered to furnish capital for buying purebred stock. Two young bulls, four heifers and a cow came into the county as foundation animals, and the plan was to put a registered Jersey bull in every community of Chapel Hill and Bingham townships. People: Milton E. HoganSearch the index · The News (Chapel Hill), January 18, 1923, p. 1
  9. The Bank of Chapel Hill nearly finishes a $30,000 remodeling with a rear addition The News reported the Bank of Chapel Hill's remodeling nearly done and the building soon ready for its house-warming. Between $30,000 and $35,000 had been spent, with a 50-foot addition at the rear, a new front, tile floors, marble work, new furnishings and skylights. People: M. C. S. Noble, Robert L. Strowd, Milton E. HoganSearch the index · The News (Chapel Hill), July 31, 1924, p. 1
  10. Chapel Hill re-elects Mayor Roberson and chooses its first six-member board under a new charter Under a charter amendment passed by the 1925 legislature, Chapel Hill elected six aldermen instead of five, three for four years and three for two, on a printed official ballot. Only 76 voters came to the polls at the school on May 5, 1925; they re-elected W. S. Roberson mayor and chose Carl Durham, M. E. Hogan and Gustave M. Braune for four-year terms and R. D. W. Connor, C. L. Wills and B. S. Williams for two. People: W. S. Roberson, R. D. W. Connor, Gustave M. Braune, Milton E. Hogan, Carl T. DurhamSearch the index · The Chapel Hill Weekly, May 7, 1925, p. 1
  11. The Orange County Building and Loan Association counts 56 homes financed The stockholders of the Orange County Building and Loan Association heard that it had financed 56 homes since its organization, eight of them in 1925. It had 5,281 shares in force with a face value of $528,100, and its net earnings for the year were $8,782; M. E. Hogan was re-elected president. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, March 12, 1926, p. 4
  12. Chapel Hill's aldermen approve a grass median for West Franklin Street and new sidewalks The aldermen approved a street program that put a 14-foot grass strip down the middle of West Franklin Street between two 20-foot roadways with curbs and gutters, paved sidewalks on the Franklin Street business block and on Columbia Street to the Carolina Inn, and curbs and gutters on three blocks of Rosemary Street. Each piece depended on petitions from the property owners, who paid two thirds of the cost; the state agreed to oil West Franklin as part of the Hillsborough highway. People: Gustave M. Braune, Milton E. HoganSearch the index · The Chapel Hill Weekly, April 16, 1926, p. 1
Show all 54 dated events
  1. Brodie Thompson builds a brick Colonial Revival house for banker Milton Hogan At 104 North Boundary Street, Thompson built a two-story brick house for Milton and Carrie Hogan with a Doric-columned entrance, modillion cornice and one-story side porches. People: Milton E. Hogan, Brodie ThompsonSearch the index · NC Digital Collections: M. Ruth Little, The Town and Gown Architecture of Chapel Hill, 1795-1975 (2004), p. 58
  2. The Bank of Chapel Hill and its Carrboro branch start charging for bad checks Beginning November 1, the Bank of Chapel Hill and its branch, the Bank of Carrboro, charged 50 cents for every check returned for insufficient funds, following the Durham banks. Cashier M. E. Hogan said the bank had returned 40 bad checks in a single day the week before, and University officials agreed to help enforce the charge on students. People: M. C. S. Noble, Milton E. HoganSearch the index · The Chapel Hill Weekly, October 21, 1927, p. 1
  3. The Chapel Hill Insurance and Realty Company goes into receivership With much of its land mortgaged and the real estate market slumping, the Chapel Hill Insurance and Realty Company could not meet its notes and interest, and on November 2 Judge M. V. Barnhill, in a suit brought by stockholders, appointed M. E. Hogan, I. W. Pritchard and W. S. Roberson receivers. Its holdings, mostly real estate in and around Chapel Hill and Carrboro, were appraised at $648,000 against debts of $621,000, leaving its forty or fifty mostly local stockholders facing a loss of about $52,000. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, November 11, 1927, p. 1
  4. John Sprunt Hill buys the block of stores beside the campus at the realty company auction At the receivers' auction of Chapel Hill Insurance and Realty Company property on November 22, John Sprunt Hill, a University trustee, bid $63,650 for the four Franklin Street stores next to the Methodist churchyard and the campus, a purchase the Weekly said was made to protect the University; the company had paid $22,000 for them about ten years before. Lueco Lloyd bid $23,000 for the Peoples Bank building and L. P. McLendon $22,500 for the Chapel Hill Hardware store, all subject to the court's approval. People: Lueco Lloyd, Milton E. HoganSearch the index · The Chapel Hill Weekly, November 25, 1927, p. 1
  5. Receivers auction the property of the Chapel Hill Insurance and Realty Company The receivers of the bankrupt Chapel Hill Insurance and Realty Company auctioned its Chapel Hill and Carrboro properties in front of the post office. Lots on the old Guthrie place went to T. C. Atwood and Moody Durham, the Daniel house to Arthur London and James Griffin of Pittsboro, the Coop to Miles Andrews of Carrboro, and the Peoples Bank building to Lueco Lloyd for $23,000. People: W. S. Roberson, Lueco Lloyd, Isaac W. Pritchard, Moody W. Durham, Milton E. HoganSearch the index · The Chapel Hill Weekly, April 6, 1928, p. 1
  6. The Service Insurance Agency buys the insurance business of the failed Chapel Hill Insurance and Realty Company After weeks of bidding, the Service Insurance Agency of Collier Cobb Jr. and W. deR. Scott bought the insurance department of the Chapel Hill Insurance and Realty Company, then in receivership, for $7,250. Judge Bond confirmed the sale in Durham, and it took effect at noon the next day. People: Collier Cobb Jr., Milton E. HoganSearch the index · The Chapel Hill Weekly, January 27, 1928, p. 1
  7. Receivers deed the Franklin Street stores and Ledbetter house to John Sprunt Hill Having paid about $16,000 in back town and county taxes, the receivers of the Chapel Hill Insurance and Realty Company delivered to John Sprunt Hill deeds for the four store properties near the Methodist church on the south side of Franklin Street and for the Ledbetter house. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, March 9, 1928, p. 1
  8. The Orange County Building and Loan Association reports a 7.93 per cent profit for 1927 At their annual meeting in the Bank of Chapel Hill, stockholders heard that the association earned 7.93 per cent in 1927 and had lent $375,075 for 97 homes built or remodeled without a single foreclosure. M. E. Hogan was re-elected president. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, March 16, 1928, p. 1
  9. Chapel Hill business and University men organize a Rotary Club A Rotary Club was organized in Chapel Hill at an initial meeting in late April 1928, with Dr. Eric A. Abernethy as president and about twenty charter members; the district president, Luther Hodges, helped launch it. The club met weekly for supper at the Carolina Inn and received its charter from Rotary International at a dinner there on June 14. People: Eric A. Abernethy, Luther H. Hodges, Milton E. Hogan, Edward M. KnoxSearch the index · The Chapel Hill Weekly, May 4, 1928, p. 1
  10. Chapel Hill aldermen pass the town's first zoning ordinance on first reading The board took up a zoning ordinance and zone map drafted over almost a year by its zoning commission, aldermen M. E. Hogan, G. M. Braune and P. L. Burch, and passed it on first reading. It was to be published for fifteen days before a public hearing; the board adopted it in June. People: Milton E. Hogan, Peter L. Burch, Edward M. KnoxSearch the index · The Chapel Hill Weekly, May 18, 1928, p. 1
  11. Auction of the Strowd farm shows a slump in Chapel Hill land values On May 22, 1928, receivers of the Chapel Hill Insurance and Realty Company auctioned about 600 acres of the former Strowd farm, part of it inside the town limits, with a store building next to the Bank of Chapel Hill also offered. The high bids came to about $16,000, against roughly $100,000 the company had paid R. L. Strowd, and the receivers declined to recommend confirmation. People: W. S. Roberson, Robert L. Strowd, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, June 1, 1928, p. 1
  12. Receivers cut the Chapel Hill Insurance and Realty Company's debts to $370,000 A balance sheet of September 1 showed that the receivers appointed the previous fall had reduced the bankrupt company's liabilities, not counting its $77,000 in capital stock, from $557,000 to $370,000. They had held back from selling its real estate because of the slump in land values, after spring auction bids too low to recommend to the court. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, September 7, 1928, p. 1
  13. Receivers auction the R. L. Strowd farm east of Chapel Hill The receivers of the bankrupt Chapel Hill Insurance and Realty Company put up the roughly 600-acre R. L. Strowd farm in eleven tracts, including the old country club site, the old Hargrave home place and the Strowd home. Bids totaled $34,473, about twice the offers of the spring auction, though still below the mortgages and subject to the court. People: W. S. Roberson, Henry Horace Williams, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, October 5, 1928, p. 1
  14. Receivers auction four brick store buildings on Franklin Street The receivers of the Chapel Hill Insurance and Realty Company auctioned four one-story brick buildings on Franklin Street, housing the University Cafeteria, the Carolina Dry Cleaners and the Owl Sandwich Shop, with one vacant. Bids totaled $40,550, which the receivers judged far below a fair price, and they expected not to ask the court to confirm the sale. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, November 16, 1928, p. 4
  15. Chapel Hill re-elects Mayor Zeb Council and three aldermen With no opposing candidates, about 100 voters re-elected Zeb P. Council as mayor and G. M. Braune, Clyde Eubanks and M. E. Hogan as aldermen. Many citizens who had registered only for the 1928 general election were turned away because the town kept a separate list; the officers were sworn in May 13. People: Clyde Eubanks, Gustave M. Braune, Milton E. Hogan, Zeb P. CouncilSearch the index · The Chapel Hill Weekly, May 10, 1929, p. 1
  16. Receivers auction the Chapel Hill Insurance and Realty Company's holdings The receivers of the bankrupt Chapel Hill Insurance and Realty Company sold more than 40 parcels at the post office door for $44,685, including the old telephone company site to J. S. Patterson for $10,000 and the McRae lot opposite Graham Memorial for $6,000. The Weekly reported prices about half those of three or four years earlier, and outlying lots far lower. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, May 17, 1929, p. 1
  17. M. E. Hogan and R. E. Coker are elected to the Chapel Hill school board Meeting jointly with the hold-over school board members on June 24, 1929, the Chapel Hill aldermen elected banker M. E. Hogan and zoologist R. E. Coker to the town's school board, succeeding N. W. Walker and R. A. Eubanks. The board's next task was choosing a successor to superintendent B. A. Stevens. People: R. E. Coker, N. W. Walker, Robert A. Eubanks, Milton E. HoganSearch the index · The Chapel Hill Weekly, June 28, 1929, p. 1
  18. Court receivers wind up the bankrupt Chapel Hill Insurance and Realty Company By July 1929 the Chapel Hill Insurance and Realty Company, the town's main developer of the 1920s, was in receivership under Superior Court Judge M. V. Barnhill, with M. E. Hogan, I. W. Pritchard and W. S. Roberson as receivers. Its liabilities of $634,000 had been cut to $267,000 by August, nothing was expected for stockholders, and the receivers set a final sale of its Franklin Street buildings and Strowd farm lands. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, August 9, 1929, p. 1
  19. Receivers auction five Franklin Street business buildings for $60,804 On September 5, 1929, the receivers of the Chapel Hill Insurance and Realty Company sold five Franklin Street business buildings for $60,804.67. Collier Cobb bought the two buildings holding the middle and eastern rooms of the University Cafeteria, and D. D. Carroll bought the block of three stores for $26,000; the sale of the rest of the Strowd farm land was put off. People: Collier Cobb, Dudley Dewitt Carroll, Milton E. HoganSearch the index · The Chapel Hill Weekly, September 6, 1929, p. 1
  20. Receivers cut the bankrupt Chapel Hill Insurance and Realty Company's debts to $121,000 The receivers' statement for October 31 showed liabilities reduced from $634,000 when the company went into bankruptcy on November 2, 1927, to $121,000, with the stockholders' equity wiped out. Every piece of its real estate had been offered at auction, and the receivers planned to turn the heavily mortgaged former Strowd farm of more than 300 acres over to the mortgage holders. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganSearch the index · The Chapel Hill Weekly, November 22, 1929, p. 1
  21. Chapel Hill stock owners come through the Wall Street crash with little loss As Cities Service stock, sold widely around Chapel Hill through the Durham Public Service Company, fell from 68 to 22 in about fifteen days, most local holders had already sold on the rise and few had bought on margin. Cashier M. E. Hogan said the Bank of Chapel Hill had no money on loan in New York and was untouched by the selling. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, November 1, 1929, p. 1
  22. Receivers of the Chapel Hill Insurance and Realty Company report a final deficit of $49,790 A financial statement issued February 1 showed the defunct company's liabilities exceeding its assets by $49,789.70, so its stockholders would get nothing, and the receivers, W. S. Roberson, I. W. Pritchard and M. E. Hogan, expected to be discharged about March 1. Part of the Strowd farm and a lot opposite Graham Memorial, worth less than their mortgages, were to go to the mortgage holders. People: W. S. Roberson, Isaac W. Pritchard, Milton E. HoganThe Chapel Hill Weekly, February 14, 1930, p. 1
  23. Rotary and Kiwanis clubs launch a buy-at-home campaign as Chapel Hill stores fail At a joint supper meeting at the Carolina Inn the Rotary and Kiwanis clubs took up a movement to get Chapel Hill people to buy from home merchants whatever could be had locally at no loss of quality or price, after the bank cashier M. E. Hogan had warned that local business was 'in a bad way.' A 'Buy at Home!' advertisement signed by about 35 merchants, the clubs and the mayor ran in the next two issues. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, February 28, 1930, p. 1
  24. Orange County Building and Loan reports a 6.96 per cent return for 1930 At their annual meeting the shareholders heard secretary W. O. Sparrow report a 6.96 per cent return on instalment stock for 1930, about half a point under 1929, and voted to mature the tenth series two months early. The association counted 167 homes built or improved with its loans. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, January 23, 1931, p. 1
  25. Auditor L. B. Rogerson reports Chapel Hill's spending under budget as the fiscal year changes At a special meeting the aldermen heard auditor L. B. Rogerson report that the town's operating expenses for the year ending May 31 had run about $3,000 under the budget and its debt service about $1,900 under. The saving let the town carry June into the old year when the new local government finance law moved the end of the fiscal year to June 30, without raising the tax levy. People: John M. Foushee, Milton E. HoganSearch the index · The Chapel Hill Weekly, May 29, 1931, p. 1 (Town's Expenses Below Budget in Year Now Ending)
  26. Red Cross, American Legion and county welfare department open a joint relief headquarters in Chapel Hill The Red Cross, the American Legion and the county welfare department opened a joint relief office on Franklin Street near the post office, in rent-free space given by M. E. Hogan. It took donations, stored food and clothing for the winter and arranged nurses for needy families. People: Milton E. Hogan, E. Carrington SmithThe Chapel Hill Weekly, November 13, 1931, p. 1
  27. The Bank of Chapel Hill starts charging 50 cents a day on past-due notes Following other North Carolina banks and the advice of state banking commissioner Gurney Hood, the directors of the Bank of Chapel Hill adopted a service charge of 50 cents for each day a note was left unpaid after it fell due. Cashier M. E. Hogan said past-due notes counted against a bank in state examinations and cost much clerical work. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, November 6, 1931, p. 1
  28. Bank of Chapel Hill tells stockholders it lost nothing in 1931 At the annual stockholders' meeting, president M. C. S. Noble reported that 'not a dime' had been lost in the Bank of Chapel Hill. A directors' audit found its $766,000 in loans, with its branch the Bank of Carrboro, amply secured; deposits had fallen to about $1,120,000 while surplus rose to $100,000. People: M. C. S. Noble, Milton E. HoganSearch the index · The Chapel Hill Weekly, January 15, 1932, p. 1
  29. Orange County Building and Loan Association reports a 6.88 percent return for 1931 At the annual meeting in the Bank of Chapel Hill, shareholders heard that their tax-free shares had earned 6.88 percent in 1931 and that the association had lent $710,000 on 199 homes, most of them in Chapel Hill. President M. E. Hogan said it had foreclosed only one mortgage. People: Joseph Hyde Pratt, W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, January 22, 1932, p. 1
  30. The Orange County Building and Loan Association reports $710,000 lent on 199 homes since 1920 Announcing its 25th series of stock for April 1, the association said it had lent $710,000 for building or improving 199 homes in and near Chapel Hill, with only one foreclosure, and had paid shareholders 6.88 percent the year before. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, March 25, 1932, p. 1
  31. The Chapel Hill school board drops six teachers and the school secretary Soon after Superintendent Hoyle resigned, the board, chaired by W. S. Roberson, told six teachers and the secretary they would not be re-elected, after a committee inquiry into the school; no economy was involved, as the next budget kept the same pay scale. The Weekly reported that many parents thought the notices came too late and too suddenly for the teachers to find other places. People: W. S. Roberson, R. E. Coker, Edgar Wallace Knight, Eric A. Abernethy, Milton E. Hogan, Carl T. DurhamSearch the index · The Chapel Hill Weekly, May 27, 1932, p. 1
  32. The Orange County Building and Loan Association reports a 7.02 per cent return for 1932 At the annual meeting at the Bank of Chapel Hill on January 20, secretary W. O. Sparrow reported that shares had earned 7.02 per cent in 1932 and that since 1920 the association had lent $792,500 to build or improve 224 homes, most of them in Chapel Hill. President M. E. Hogan said it had foreclosed only one mortgage that year, the second since its founding, and that local real estate values had fallen at least half in four years. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, January 27, 1933, p. 1
  33. The Bank of Chapel Hill closes for the national bank holiday and reopens Under the national and state orders, the Bank of Chapel Hill closed on March 6 and 7, reopened on March 8 for limited business, and resumed full banking on March 15, when deposits far exceeded withdrawals and the staff worked until about 11 at night. Merchants kept accepting checks and giving credit through the holiday, and the town theatre took checks for tickets. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, March 17, 1933, p. 1
  34. Chapel Hill aldermen cut the mayor's salary from $270 to $100 a year At a special meeting the aldermen unanimously reduced the mayor's pay to $100 a year from July 1, holding that the town manager, the recorder's court judge and the town accountant now did most of the mayor's old work. They acted before the May election so that candidates would know the salary. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, April 21, 1933, p. 1
  35. Chapel Hill elects John Foushee mayor Former town manager John Foushee won the mayoralty with 186 votes to 134 for Mayor Zeb P. Council and 108 for B. J. Howard. Aldermen Clyde Eubanks, M. E. Hogan and J. T. Dobbins were re-elected over a late bid by Joseph Hyde Pratt, and L. J. Phipps beat Odell Sapp 361 to 123 for judge of the recorder's court. People: Clyde Eubanks, Joseph Hyde Pratt, Luther James Phipps, Zeb P. Council, John M. Foushee, Milton E. Hogan, B. J. HowardSearch the index · The Chapel Hill Weekly, May 5, 1933, p. 1
  36. The Bank of Chapel Hill begins charging for small checking accounts Following the North Carolina Clearing House Association under the federal bankers' code, the Bank of Chapel Hill on March 1 began charging 50 cents to $1 a month on checking accounts averaging under $100 and fees for cashing and collecting out-of-town checks. Merchants, students and faculty paid by state checks complained, and cashier M. E. Hogan defended the charges in a letter to the Weekly. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, March 2, 1934, p. 1
  37. The Orange County Building and Loan cuts the rate on new paid-up shares to 4 per cent The association's directors voted on March 26 to pay 4 per cent instead of 5 on paid-up shares issued from then on, up to $25,000, following the stockholders' January resolution, and opened their 29th series of installment shares. Since 1920 the association had financed about 180 Chapel Hill homes costing some $750,000. People: W. O. Sparrow, Milton E. HoganSearch the index · The Chapel Hill Weekly, March 30, 1934, p. 1
  38. Chapel Hill aldermen adopt a budget raising the town tax rate 28 cents to $1.32 Because the Local Government Commission would not let the town borrow for its share of the street surfacing, the aldermen put about $9,000 for it into a single year's budget. The tentative budget set the general fund rate at 84 cents and the debt service rate at 48 cents, a total of $1.32 against $1.04 the year before. People: L. B. Rogerson, John L. Caldwell, Milton E. HoganSearch the index · The Chapel Hill Weekly, August 3, 1934, p. 1
  39. Bank of Chapel Hill stockholders set up a surplus fund to end their double liability Stockholders of the Bank of Chapel Hill adopted a resolution creating a surplus fund equal to the bank's common capital stock under a 1933 state law, so that on the commissioner of banks' order they would be freed of double liability if the bank were liquidated. A new state law in March ended double liability for stockholders of all state banks from July 1, 1935. People: M. C. S. Noble, Clyde Eubanks, Milton E. HoganSearch the index · The Chapel Hill Weekly, January 11, 1935, p. 3
  40. Banker Milton E. Hogan drowns at Wrightsville Beach Milton E. Hogan, cashier of the Bank of Chapel Hill, president of the North Carolina Bankers' Association and the Orange County Building and Loan Association, an alderman and school board member, drowned in the surf at Wrightsville Beach. Chapel Hill stores closed during his funeral at the Methodist church on August 10, which state officials and bankers attended. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, August 14, 1936, p. 5
  41. Matt Thompson is elected a Chapel Hill alderman in the place of the late M. E. Hogan Matt Thompson was elected to the board of aldermen to succeed M. E. Hogan, who had died on August 8; he joined the board two days after the town issued the permit to cut the street trees on the Methodist parsonage lot in early September. J. S. Henninger was later elected to Hogan's seat on the Chapel Hill school board. People: Milton E. HoganSearch the index · The Chapel Hill Weekly, September 25, 1936, p. 1
  42. The pre-Civil War Hume house is moved across the Chapel Hill High School grounds To clear ground for a new high school building, the pre-Civil War house known in turn as the Hume, Hogan and Cone house was put on rollers and moved to the west edge of the school lot, still facing Franklin Street, for use as offices and classrooms. People: Milton E. Hogan, Thomas HumeSearch the index · The Chapel Hill Weekly, June 2, 1950, p. 1 · Also: Chapel Hill Weekly, June 2, 1950, p. 12; Chapel Hill Weekly, April 7, 1950, p. 1

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