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Volume 81 • Issue 39

Thursday, October 1, 2015

Serving Belmont • Cramerton • Lowell • McAdenville • Mount Holly • Stanley

Thursday, October 1, 2015

Cramerton set to celebrate a century of excellence By Alan Hodge alan.bannernews@gmail.com

Editor's note: This is the first of two stories tracing Cramerton's past, present and future in recognition of the town's upcoming Oct. 16-18 Centennial. This week's article will look at the history of Cramerton as well as the work done by the Centennial Committee to get ready for the event. Next week will focus on how Cramerton has evolved into the charming, thriving community it is today. At first it was called the Town of Maysworth. Cramerton began life in 1906 when Stuart Warren Cramer, J.H. Mays, Thomas and Andrew Moore, L.A. Dodsworth, J.L. Mays, and W.H. Bronson formed the Mays Mfg. Co. textile firm. The town of 50 or so houses built on the banks of the South Fork River that surrounded the mill was named Town of Maysworth but took the name of Mayworth in 1915. That same year, Cramer Stuart Cramer himself, the man who helped start Cra- became president and controlling owner Cramerton Centennial Committee members Ted Reece (left) and Wilburn Queen show off two of Mays Mfg. merton back in 1906. of the hundreds of items tracing the town’s history that will be on display in the old gym during Photos by Alan Hodge See more CRAMERTON page 4 the upcoming Centennial Celebration.

Gas prices plunge drivers smile By Alan Hodge

lon price enjoyed across the border in South Carolina where “pushwater” is going for as low as $1.79. According to the Gas Buddy website last Friday, the averLike manna from heaven, gasoline prices in our area have age price per gallon in our area was around $2.09 per gallon plunged to the lowest level in years- but as of last Friday are of regular. That was a few pennies higher than earlier in the still hovering on the high side of the magical sub-$2 a gal- week at some locations. For perspective, a gas price story in the BannerNews in February 2013 revealed the price to be $3.75 per gallon back then. Dale Willard, owner of Dale's Superette had his gas for $2.08 per gallon last week, but declared the price was wiggling a bit. “It's been creeping back up a little,” he said. According to Willard, getting gas at about fifty cents a gallon cheaper than a few months ago is taking getting used to for some folks. “People will put down a $40 cash deposit for a fill up and have to get a refund,” he said. That's the case for Alicia Fox who drives a Chevy Tahoe. “I used to spend $80 for a fill up but now it's only $50,” she said. “I love it because it puts extra money in my pocket.” Kenny Rollins, proprietor of Rollins 76 on Hickory Grove Rd. thinks a surplus of oil company See more gasoline is the reason for the recent price drop. GAS PRICES page 2 Photo by Alan Hodge alan.bannernews@gmail.com

Allen Steam Station part of Duke Energy agreement Duke Energy and the U.S. government have agreed to end a 15-year-old legal case against the company for alleged violations of the federal Clean Air Act at some of the company’s coal-fired power plants in North Carolina- including Allen Steam Station near Belmont. Duke Energy denies the alleged violations, maintains it complied fully with federal law, and is agreeing to settle the case solely to avoid the costs and uncertainties of continued litigation, the company says in a settlement agreement filed today with the U.S. District Court for the Middle District of North Carolina, in Greensboro. Duke Energy estimates the costs of continued litigation would exceed the costs of the settlement agreement. The agreement is subject to court approval. The agreement would end the remaining component of a civil lawsuit (USA v. Duke Energy), filed against Duke Energy in 2000 by the U.S. Justice Department on behalf of the U.S. Environmental Protection Agency. The government’s original lawsuit focused on 25 Duke Energy coal-fired power plant units. The government subsequently dismissed claims against 12 of those units – leaving 13 units as part of the lawsuit, 11 of which Duke Energy has since closed. The government asserted that certain maintenance and repair projects at the power plants were “major modifications,” as defined by the Clean Air Act, and that Duke Energy failed to obtain permits for the projects and install the “best available emission controls,” as required. See more ALLEN STEAM STATION page 2

What Will Your Retirement Look Like?

Todd Van Der Meid, MBA CERTIFIED FINANCIAL PLANNER™

32 N. Main Street, Suite 203, Belmont 704.827.9000 | www.rhinowealth.com

*Investment advice offered through Rhino Wealth Management, a registered investment adviser.

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