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...we have goals for the future AMERia-N INST TUTE O^ ••-• A R Y 1211 AVENUE OF THK A>. Ralem Conferring in North Hills branch of the Bank of North Carolina are (I. to r.) Charles F. Merrill, executive vice president of Bancshares of North Carolina, Inc., the holding company of which Bank of North Carolina is a subsidiary; DH&S audit manager Rudy Wright; Bancshares of N.C. senior vice president John F. Kabas; Bancshares secretary-treasurer Joseph H. Bridges, Jr.; audit senior James Ashcraft; and staff accountant Olivia Mayer. Bank of North Carolina is a state-wide organization that operates sixty-five branches in forty-one communities. The senses tell of autumn in the Raleigh area far more surely than the calendar — the brilliance of foliage red, orange and yellow against the green pines, the smell of burning leaves in the breeze of a soft country afternoon, the distant roar of the crowds on college football weekends. For many, Raleigh represents the best aspects of traditional Southern living combined with those elements of the twentieth century that suit a gracious, more informal way of life. Although Raleigh, capital of North Carolina and seat of Wake County, was not founded until after the Revolutionary War, its history can be traced to the sixteenth century. The French and Spanish had explored the coast of what today is North Carolina in the early 1500s, but it was not until August of 1585 that a group of 108 Englishmen established a colony on Roanoke Island, which lies in a sound between the mainland and what is today part of Cape Hatteras National Seashore. The