SNAP BACK IN TIME – 1966 – Property valuation had increased by more than $3 million
SNAP Back In Time takes a look back at newsmakers from yesteryear.
Tuesday, May 24, 1966
The City of Albemarle was experiencing one of the best years in property valuation increase. Estimates indicated an increase in property valuation of $3.5 million.
The year’s new budget was being figured on the basis of a valuation in the city of $77 million. Industrial expansions would figure heavily in the increase. These included the new Ware Knitters building and additions at Jefferies Southern Processors and E.J. Snyder Company. Some of the valuation of the new savings and loan building and the new motel were also reflected.
The appointment of Frances Douglas Mashburn of Gastonia to the position of dean of women at Pfeiffer College had been announced.
Rev. Paul Charles Morrison of Philadelphia, Pennsylvania, had accepted a call to become rector of Christ Episcopal Church in Albemarle.