W. O. Sparrow

Life and Orange County connections

Storylines this person is part of, in date order. Each opens in the chronology.

Dated events connected with this person, in date order. See these 12 dated events in the chronology →

1. March 8, 1926 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
2. March 12, 1928 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
3. November 1928 Chapel Hill election officials rebut a charge of illegal student voting After the defeated Republican congressional candidate, Junius Harden, charged that hundreds of University students had voted illegally in Chapel Hill and so elected Major Charles M. Stedman, local officials of both parties said the student voters were legally qualified. The registrar said only 30 or 35 students had registered, and the Republican poll-holder said he had checked every voter. People: Paul H. Robertson, W. O. SparrowSearch the index · The Chapel Hill Weekly, November 16, 1928, p. 1
4. March 10, 1930 The Orange County Building and Loan Association reports $536,400 lent for 139 homes Secretary W. O. Sparrow told the stockholders that in the ten years covered by his report the association had lent $536,400 for building or remodeling 139 homes in the Chapel Hill community, at an operating cost of about one percent of gross profits, and that the state insurance commissioner had praised its record. Stockholders debated issuing cheaper eleven-year shares for home builders. People: W. O. SparrowSearch the index · The Chapel Hill Weekly, March 14, 1930, p. 1
5. by January 23, 1931 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
6. January 15, 1932 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
7. March 1932 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
8. January 8, 1933 Baptist pastor Eugene Olive resigns to go to North Wilkesboro Rev. Eugene Olive announced at the Sunday morning service on January 8 that he was leaving the Chapel Hill Baptist church, which he had served since 1924, for a call from North Wilkesboro. At his farewell the congregation voted to ask him to reconsider and to ask the North Wilkesboro Baptists to release him, and a committee under W. O. Sparrow was named to find a successor. People: W. O. SparrowSearch the index · The Chapel Hill Weekly, January 13, 1933, p. 1
9. January 20, 1933 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
10. March 26, 1934 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
11. September 1935 The Chapel Hill Kiwanis Club elects Dr. J. P. Jones president and W. O. Sparrow vice-president The Kiwanis Club of Chapel Hill elected Dr. J. P. Jones president and W. O. Sparrow vice-president, with Harvey Bennett, W. M. Pugh, W. E. Thompson, C. W. Shields and E. J. Woodhouse as directors. People: Harvey Bennett, W. E. ThompsonSearch the index · The Chapel Hill Weekly, September 20, 1935, p. 1
12. January 1, 1940 The Orange County Building and Loan Association cuts its loan rate to 5 per cent The Orange County Building and Loan Association lowered the interest on all its home loans, old and new, from 6 to 5 per cent under a motion its directors adopted in December after conferring with the state insurance commissioner. President D. D. Carroll said the cut was meant to win back home-builders who were borrowing from the government and insurance companies at lower rates. People: Dudley Dewitt Carroll, W. O. SparrowSearch the index · The Chapel Hill Weekly, January 5, 1940, p. 1