Chinqua Penn Plantation
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Chinqua Penn Plantation
Chinqua Penn Plantation is an English manor home in Reidsville, North Carolina in Rockingham County, North Carolina, United States, (about 25 miles north of Greensboro). It is a private residence and was closed to the public in 2012. The home was built by Thomas Jefferson Penn ("Jeff", 1875–1946) and Margaret Beatrice Shoellkopf Penn ("Betsy", 1881–1965) in the 1920s. The name "Chinqua Penn" was derived from the chinquapin, a species of American chestnut that was once plentiful in the area. Chinqua Penn Plantation ranks high among North Carolina's finest well-preserved early 20th century homes, including Reynolda House, and Duke Mansion. History After inheriting a portion of the Penn family tobacco interests, they relocated from Penn's Store, Patrick County, Virginia to North Carolina; Jeff Penn then augmented his fortune in stocks and bonds during the depression. He also operated a dairy husbandry and raised Holstein cattle. In later years he raised Black Angus. The ...
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Reidsville, North Carolina
Reidsville is a city in Rockingham County in the U.S. state of North Carolina. At the 2020 census, the city had a total population of 14,580. Reidsville is included in the Greensboro–High Point Metropolitan Statistical Area of the Piedmont Triad. Reidsville was established in the early 19th century as an outpost and stop on the stage line that ran between Salisbury, North Carolina, and Danville, Virginia, and was originally known as Wright's Crossroads. The community grew from a single home and inn owned by the family of Reuben Reid, a local farmer, businessman, justice of the peace and father of David S. Reid), into a thriving farming community primarily supporting tobacco production and cigarette manufacturing. Reidsville was officially incorporated by the North Carolina State Legislature in 1873 and became a key location of the American Tobacco Company which employed large numbers of city and county residents. The American Tobacco Company was the mainstay of Reidsville eco ...
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Niagara Mohawk Power Corporation
Niagara Mohawk Power Corporation was a New York State utility company, which was acquired in 2000 by National Grid plc. The Niagara Mohawk Power Corporation designation was retired, using variations of NationalGridUS (such as National Grid Buffalo), though its official designation on annual reports is still Niagara Mohawk Power Corporation. In 1929, 59 former companies were incorporated into the Niagara Hudson Power Corporation. In 1932 an Art Deco-style headquarters building was constructed in Syracuse. It was the main electric and natural gas provider for a large swath of northeastern, central and western New York, including the Capital District, Syracuse, Buffalo and Niagara Falls. The statue on the front of the building is named “Spirit of Light” and was nicknamed “Iron Mike.” The company adopted the name Niagara Mohawk Power Corporation in 1950 after antitrust action required Niagara Hudson to forfeit some of their territory in the eastern part of the state. From ...
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Winston-Salem Journal
The ''Winston-Salem Journal'' is an American, English language daily newspaper primarily serving Winston-Salem, North Carolina, Winston-Salem and Forsyth County, North Carolina. It also covers Northwestern North Carolina. The paper is owned by Lee Enterprises. ''The Journal'' was founded in 1897. Overview ''The Journal'' is primarily distributed through Forsyth County and the county seat of Winston-Salem. However, the paper also is distributed in Alleghany County, North Carolina, Alleghany County, Ashe County, North Carolina, Ashe County, Davidson County, North Carolina, Davidson County, Davie County, North Carolina, Davie County, Stokes County, North Carolina, Stokes County, Surry County, North Carolina, Surry County, Wilkes County, North Carolina, Wilkes County, Watauga County, North Carolina, Watauga County, and Yadkin County, North Carolina, Yadkin County. The newspaper has an online presence called ''JournalNow''. ''The Journals television partner is WGHP of High Point, ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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News & Record
The ''News & Record'' is an American, English language newspaper with the largest circulation serving Guilford County, North Carolina, and the surrounding region. It is based in Greensboro, North Carolina, and produces local sections for Greensboro and Rockingham County, North Carolina. Since the mid-2000s, the paper has undergone rounds of layoffs and changes in ownership. As of 2021, it had an average weekday circulation of about 21,510. History The ''News & Record'' traces its roots to the ''Daily Record'' which was first printed on November 17, 1890, in Greensboro. An afternoon paper, it was begun by John Benson, Joseph Reece, and Harper J. Elam. Both Benson and Elam eventually sold their interest in the paper to Reece who operated it as sole owner for 14 years until his death in 1915. For four years thereafter it was owned by Al Fairbrother and George Crater until it was bought by Julian Price in 1919. The ''Daily News'' was a morning paper founded in 1909, an outgrowth ...
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Bank Of Granite
CommunityOne Bank was a bank headquartered in Charlotte, North Carolina. In 2016, it was acquired by Capital Bank Financial. History The First National Bank of Asheboro began operations January 14, 1908. In 1976, the bank changed its name to First National Bank of Randolph County. In 1985, FNB Corporation was formed as a bank holding company. In 1990, the company changed its name to First National Bank and Trust Company. In 2000, the company acquired Richmond Savings Bank of Richmond County, North Carolina. It was First National Bank's first foray outside of the Randolph County area. In 2003, the company acquired Dover Mortgage Company. In 2004, the company acquired Rowan Savings Bank of Rowan County, North Carolina. In 2005, the company acquired Alamance Bank of Alamance County, North Carolina. In 2006, the company acquired First Gaston Bank of Gaston County, North Carolina. In 2006, the bank holding company changed its name to FNB United Corp. In 2007, the bank cha ...
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Mortgage
A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form ...
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Escrow
An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Examples include an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word , meaning a scrap of paper or a scroll of parchment; this indicated the deed that a third party held until a transaction was completed. Types Escrow generally refers to money held by a third party on behalf of transacting parties. It is mostly used regarding the purchase of shares of a company. It is best known in the United States in the context of the real estate industry (specifically in mor ...
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Cigarette
A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opposite end. Cigarette smoking is the most common method of tobacco consumption. The term ''cigarette'', as commonly used, refers to a tobacco cigarette, but the word is sometimes used to refer to other substances, such as a cannabis cigarette or an herbal cigarette. A cigarette is distinguished from a cigar by its usually smaller size, use of processed leaf, and paper wrapping, which is typically white. Since the 1920s, scientists and doctors have been able to link smoking with respiratory illness. Researchers have identified negative health effects from smoking cigarettes such as cancer, chronic obstructive pulmonary disease (COPD), heart disease, and other health problems relating to nearly every organ of the body. Nicotine, the psycho ...
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Tobacco Master Settlement Agreement
The Tobacco Master Settlement Agreement (MSA) was entered on November 23, 1998, originally between the four largest United States Tobacco industry, tobacco companies (Altria, Philip Morris Inc., R. J. Reynolds Tobacco Company, R. J. Reynolds, Brown & Williamson and Lorillard Tobacco Company, Lorillard – the "original participating manufacturers", referred to as the "Majors") and the attorney general, attorneys general of 46 states. The states settled their Medicaid lawsuits against the tobacco industry for recovery of their tobacco-related health-care costs. In exchange, the companies agreed to curtail or cease certain Tobacco advertising, tobacco marketing practices, as well as to pay, in perpetuity, various annual payments to the states to compensate them for some of the Health care prices, medical costs of caring for persons with smoking-related illnesses. The money also funds a new anti-smoking advocacy group, called the Truth Initiative, that is responsible for such campai ...
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Davie County, North Carolina
Davie County is a county located in the U.S. state of North Carolina. As of the 2020 census, the population was 42,712. Its county seat is Mocksville. Davie County is included in the Winston-Salem, NC Metropolitan Statistical Area, which is also included in the Greensboro-Winston-Salem- High Point, NC Combined Statistical Area. History The county was formed in 1836 from Rowan County. It was named for William R. Davie, Governor of North Carolina from 1798 to 1799. Davie County was initially strongly Unionist. However, 1,147 soldiers from Davie County fought in the American Civil War for the Confederate States of America. Geography According to the U.S. Census Bureau, the county has a total area of , of which is land and (1.1%) is water. Major water bodies * Bear Creek * Buffalo Creek * Carter Creek * Chinquapin Creek * Dutchman Creek * Greasy Creek * Little Bear Creek * Little Creek * South Yadkin River * Sugar Creek * Yadkin River Adjacent counties * Yadki ...
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Tobacco
Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the chief commercial crop is ''N. tabacum''. The more potent variant ''N. rustica'' is also used in some countries. Dried tobacco leaves are mainly used for smoking in cigarettes and cigars, as well as pipes and shishas. They can also be consumed as snuff, chewing tobacco, dipping tobacco, and snus. Tobacco contains the highly addictive stimulant alkaloid nicotine as well as harmala alkaloids. Tobacco use is a cause or risk factor for many deadly diseases, especially those affecting the heart, liver, and lungs, as well as many cancers. In 2008, the World Health Organization named tobacco use as the world's single greatest preventable cause of death. Etymology The English word ''tobacco'' originates from the Spanish word "tabaco ...
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