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Archive for February, 2009

Murrayville Middle School students became authors Friday

Friday, February 6th, 2009

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Some newly published authors spent the day enjoying the work of their peers, and lending some words of support.

Students at Murrayville Middle School wrote books on a variety of topics that were published by a school publishing company. The books ranged from love stories to a Godzilla biography.

The students said they enjoyed sharing their work with classmates.

The students competed to show off some of their stories. Some even took the time to read a few of the books that interested them. Readers left some positive feedback for their fellow authors.

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Some newly published authors spent the day enjoying the work of their peers, and lending some words of support.

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Associated poll

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NC bank using bailout funds for mortgages

Friday, February 6th, 2009

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GASTONIA, N.C. — A North Carolina bank says it will use all the money it received from the federal government to fund mortgages to promote economic activity.

The Charlotte Observer reported Friday that Citizens South Banking Corp. of Gastonia said its $20 million in government bailout funds will be used to get credit flowing to consumers.

Bank CEO Kim Price said the money will be used to offer 30-year mortgage loans with a starting interest rate of 3.5 percent.

Larger banks have been criticized for using the money for bonuses and other corporate perks. Price said lending the money is what Congress intended and it will generate jobs for the
construction and real estate industry.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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A North Carolina bank says it will use all the money it received from the federal government to fund mortgages to promote economic activity.

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Associated poll

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Investigators spend Friday trying to find cause of boat fire

Friday, February 6th, 2009

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Investigators are still trying to determine what caused a fire Thursday morning at the South Harbor Village Marina on Oak Island.

The fire tore through three boats, sinking one; other boats were damaged as well.

On Friday, the Oak Island Fire, Police and ATF spent most of the day pulling the sunken ship from Intracoastal Waterway.

“We’re pretty confident that the fire started on the boat that sunk…that’s the focus of our investigation right now,” said John House, Oak Island Fire and Rescue Chief.

The fire broke out at 5:30 Thursday morning at the South Harbor Village Marina submerging the boat’s hull.

Shay Simpson witnessed the fire. “The only thing sticking up on this one was the railing, nothing else.”

Investigators said heavy winds helped fan the flames and don’t think it was a case of arson.

The blaze destroyed two other boats, and damaged three others.

“The Boss Lady,” a charter fishing boat, was one of the unlucky ones.

“We’re having an appraiser come down, and uh, it’s a total loss,” said boat owner Lou Wise.

Lou Wise said many memories were made aboard “The Boss Lady,” a boat he’s owned for decades. Now investigators turn to what little is left to figure out what started the fire.

The three destroyed boats will be kept at a nearby boat yard while investigators try and determine the cause.

No one was hurt in the fire.

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videoInvestigators are still trying to determine what caused a fire Thursday morning at the South Harbor Village Marina on Oak Island.

The fire tore through three boats, sinking one; other boats were damaged as well.

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Associated poll

More: continued here

New Hanover officials watch economy closely

Friday, February 6th, 2009

New Hanover County officials are watching the budget closely as revenues decline.County Manager Bruce Shell said he has been meeting with the county financial staff to discuss their options going forward in this tough economic climate.

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Authorities struggle to raise one of three boats in marina fire

Friday, February 6th, 2009

Kevin Alderman had planned to get married on that boat. But his custom-built boat was one of the three vessels consumed in a fire in the South Harbor Village Marina early Thursday morning.

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