![]() To elect six members of the Board of Directors for terms of three years, one member of the Board (the “Corporation”) will be held as follows: Of Internet Availability of Proxy MaterialsĪnnual Meeting of Shareholders of Select Bancorp, Inc. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.įorm, Schedule or Registration Statement No.: Proposed maximum aggregate value of the transaction:įee paid previously with preliminary materials.Ĭheck box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Per unit price or other underlying value of the transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): Title of each class of securities to which the transaction applies:Īggregate number of securities to which the transaction applies: Payment of Filing Fee (Check the appropriate box):įee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (Name of person(s) filing proxy statement, The date the auction begins will be announced after a closing on the property is completed.Proxy Statement Pursuant to Section 14(a)Ĭonfidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) “To keep it just like it has been.”įor more information on the auction of Brass Lantern’s equipment and memorabilia, bidders should visit or call Wester at 98 or John Martin at 91. “Right now that is my intention,” he said. He intends to re-open the morning staple for many in the area, as soon as possible. With the end of the Brass Lantern’s run, Tart’s other popular restaurant, Triangle Waffle, will now be the focus of his culinary life. A small lot may go for $5 to $10 and the walk-in coolers or freezers might bring $2,000 or $3,000 each. ![]() “There’ll be a lot of small lots that will sell in the $5 to $20 range. “Some things will be individual, any artwork, any memorabilia, will be sold separately so the public can pick that up,” Wester said. But there will also be smaller pieces, such as artwork, for individual bidders who may want a keepsake from the restaurant. They will be larger lots with other restaurant buyers in mind. “It’ll run until a certain day and the winner will have two or three days to remove the items purchased.”īetween 300 and 400 lots will be up for auction, he said. “We’ll post everything online and you can go in there and bid like you do on Ebay and other sites,” Wester said. There will be no minimum bids or “reserve” price, Wester said. He said the property inside the building will be divided into lots for auction.Įach lot will be inventoried, photographed and posted online. Randy Wester, who runs the auction company, said once the sale of the building is closed, the process will begin. “It’ll be online and it’ll be where they can look at it and actually bid for seven to 10 days. ![]() “A lot of people have asked us about certain things in the restaurant,” Tart said. In order to do that, Tart has partnered with Wester Auctions to give the general public and other businesses the chance to buy supplies or souvenirs. “And our first grandbaby, it’s been a very exciting time for us and a little emotional in a lot of ways.”Īlong with closing the doors, there is the matter of cleaning out the building before the North Carolina Department of Transportation brings the demolition crew in to tear it down for the Interstate 95 widening project. “My daughter was born the year we opened, and she’s getting married this year, too,” he said. The building will be demolished to make way for an Interstate 95 lane expansion through Harnett County. After nearly three decades, the Brass Lantern is closed. Tart bought the restaurant 28 years ago and opened it a year later. “Our staff is just like family,” he said. When you ask him what he will miss most about the restaurant, he immediately says the people and the staff. “Businesses, anniversary, Christmas, people have been so unreal how they’ve supported us over the years.” ![]() ![]() “We’ve just been so fortunate with so many special events,” he said. He was especially proud of all of the special events his restaurant hosted over the years. Tart says he and the staff at Brass Lantern have had a very good run and were very lucky to find such a loyal customer base. “We really didn’t buy up a lot of stuff, we really didn’t know how it was going to end.” We ran out of pretty much everything we had,” Tart said. “We did the take out to give people a last chance. By the time the night was over, Tart said, he nearly ran out of food. Tart wanted to give customers an opportunity to have a final taste from the menu, which turned out to be what many might consider a fitting end. ![]()
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