University of South Carolina Libraries
Wednesday, June ia, itm. THE STATE WAREHOUSE SYSTEM. ANALYSIS OF LAW The law providing for the "Cotton Warehouse System for the State of South Carolina" was passed at the extraordinary session of the General Assembly in October, 1914. TJ- "An A tn Rptrn IL Was ciiuueu tku 0 _ late the Storing, Grading and Marketing of Cotton." Its purpose was "to protect the people of this State from irreparable loss, to provide some general plan for warehousing, and to finance the crop by converting cotton into a negotiable security which will command respect in the money markets, of the world." It was designed to establish a, Cotton Warehouse System "within .1.1? i I the police powers 01 me oiaic auu i for the general welfare." The administration of the System was placed in the hands of the State j Warehouse Commissioner who was elected by the General Assembly forj the term of two years. The State Warehouse Commission- j er is required to give "a bonti to j +Vo Stjntp of South Carolina in the | I sum of fifty thousand dollars to j guarantee the faithful performance j of his duties." The Commissioner is empowered! "to acquire property for the ware-j housing of cotton," and to supervise the operation of warehouses through bonded managers. The cotton stored in a warehouse connected with the State Warehouse System is at all times and automatically covered by insurance. "The Warehouse Commissioner ^ ,c< IMfeM" I what's in I the varnish I you buy We can supply formula of conter I VERM PALE II MARBI For outside work at Vernosite. It will sun cannot blister il For inside wood-wi required, use DEV' beauty of the grain; For all floors use proofs the wood, ai and tear without n P. B. < I M M II if NOTHING I Put the meat in ris heat, then close the oven does the rest It's the stove that cooks away. Saves time and i No fire to build and te empty. Takes half the your kitchen and keeps i A new feature of the f I ft Wa?hii S 9 Norfolk H f Richmc IkJjEW shall accept as authoritative the standards and classifications of cot ton established by the Federal Government." For all cotton stored in a State Warehouse the Commissioner shall issue a receipt "under the seal and in the name of the State of South Carolina." Every bale of cotton stored in a State Warehouse must carry a tag showing that it has been "legally weighed" by the manager of the warehouse and that it has been graded by "a Federal or State inspector." The warehouse receipt issued for the cotton must state the ' "location of warehouse, name of manager or agent of the warehouse, the mark on the bale, weight, grade and whether long or short staple, so as to be able to deliver on surrender of the receipt the identical cotton for which it was given." "The said receipt carries the absolute title of the cotton," the receipt is "transferable by written assignment and actual delivery." "The weights, classes and grades of cotton on storage are under this Act only guaranteed by the State in favor of those who loan money or buy cotton stored in warehouses." Cotton represented by the wareVimica mAoint ic "Heliverahle onlv on a physical presentation of the rereipt which is to be marked 'cancelled' when the cotton is taken from the warehouse." Any manager or other employee of a State Warehouse who shall fraudulently issue a receipt or a duplicate receipt for cotton, or who shall "deliver cotton from a ware you with varnish that has the exact its printed plainly on every can? gViQE IOSITE SBSSSSS nterior varnish LE FLOOR f imon d all surfaces exposed to water, use DEVOK not turn white from sleet or ram and ^ the irk, where extremely transparent varnish is DE Pale Interior. It heightens the natural is hard to mar and won't scratch white. DEVOE Marble Floor Finish. It watered enables *t to withstand the severest wear urriag. Excellent for linoleum* SPEED JLE, S. C. TO DO TILL SUF >ht after lunch?give it thir : damper and the New Perfe while the cook's the reversible g nonev too. dealer to show i nd, no ashes to ALADDtt drudgery out of . , it cool a suPenor kero It V/UUl. I I best results, i *Jew Perfection? burning. >lNDARD OIL COMP./ (New Jersey) BAL 0RE ChStt >nd, Va. ' Charlesti PERFEf OIL house without the production of the receipt therefor, or who fails to mark such receipt 'cancelled' on the delivery of the cotton," shall be heavily fined or imprisoned. "Any person who shall deposit ox attempt to deposit cotton upon wmcn a lien or mortgage exists, without notifying the manager of the warehouse, shall be punished by fine and imprisonment for a period of not more than one year, and a fine not more than one thousand dollars." Benefits to Farmers. Under the unusual conditions which have prevailed during the past three years the State Warehouse System has been subjected to the severest tests and has proven a success?a great blessing to the cotton farmers j of South Carolina. The benefits 1 have been manifold. (1) The building of a warehouse j in a community has aroused the spirit of co-operation among the farmers of that community. Mutual helpfulness leads to unselfish service and to the actual practice of the great motto of agricultural co-operation; "All for each and each for all." (2) The concentration of all cotton grown in a community in a local warehouse has made it possible and easy for the farmers to make combined sales, selling in hundred bale lots rather than by single bales or in small lots. (3) Each bale as it is stored in a State Warehouse is "legally weighl-J?? J KTT a "PVH CU ailU uai CXUAijr gxauvu wj m eral or State inspector," the owner of the cotton is given & warehouse receipt which accurately describes each bale, so that "the identical cotton can and must always be delivered upon the surrender of the receipt:" thus the owner can intelligently market his cotton in and through a State Warehouse and always sell at topnotch prices. (4) "The said receipt carries the absolute title of the cotton," and is "transferable by written assignment and actual delivery." Such receipt is issued "under the seal and in the name of the State of South Carolina" and is guaranteed by a "'bond to the State of South Carolina in the sum of fifty thousand dollars." (5) The warehousing of cotton becomes a protection against damage by the weather and against loss by fire; every community or plantation warehouse is automatically insured by a blanket policy to the amount of $70,000 and additional insurance can be secured by any warehouse just as | it is needed. (6) A contract with one of the J? --T 4-V? leading insurance companies Ui UIC United States has been made and duly executed, and cotton can be stored in a country warehouse at exceptionally low insurance rates. All insurance is handled by the office of the State Warehouse Commissioner. (7) The receipt issued by a State Warehouse is recognized today as a very desirable security for a loan and is readily accepted by the banks of South Carolina as well as by the largest financial institutions of the country. Such receipt is easily negotiable at the value of the cotton on the day the loan is made; every element of risk is eliminated, for the receipt is always worth more than the face value of the note given for the loan. (8) The State Warehouse System has enabled farmers to market their (.mil crrarinallv and only when tu lilVll Vi. & m the price is satisfactory?in other words?to sell cotton when there is an active demand for i by consuming plants. The Commissioner is now developing a plan for a State System of cotton marketing so that the producers, rather than the speculators, >PER TIME ty minutes of quick action heat-retaining lass reservoir. Ask your t to you. J SECURITY OIL sene, should be used for \lwaya clean and clearKNY tte, N.C. \T/ \9 w. vo. ? may be able to supply the monthly A demands of the mills. (9) Warehouses with capacity of 200 to 500 bales can be constructed in the rural districts or on the plantation at a cost but little in excess n of $1.00 a bale and a 1000 bale a warehouse can be built for less than' e $1.00 a bale. This means a warehouse constructed of metal. Plans ?hlne nrin+<!?and cnecifications P< meeting all the requirements of -nsurance companies will be furnished a] free of cost by the Sate Warehouse . Commissioner. (10) The community or planta- m tion warehouse can be made a part p] of the State Warehouse System in gi the following manner: The Commis- I sioner rents the warehouse'at a nomi- . nal rental of $1.00 a year, and then(in issues to the owner or owners a com-' iz mission or license to operate the! Sj warehouse, charging a fee of J>2.00 [for this commission or license.^ The I I Commissioner appoints a suitable n( person warehouseman, and this warehouseman enters into a bond (rang- p ing from $1000 to $5000) for the faithful preformance of his duties. The warehouse thus becomes a part " of the State Warehouse System and j fi is given a number. When ware- tl: houseman is ready for business, the Commissioner has the warehouse covered by a blanket insurance policy to amount of $70,000. Daily fi reports of cotton stored in or with- al drawn from the warehouse are made to the office of the State Commissioner. A record of each and every w transaction of the warehouseman is ai kept in the Commssioner's office. ci (11) The owners of a community <j| or plantation warheouse can store . at actual cost; three cents a bale a 18 month for time cotton is in storage ' and the insurance. The insurance g; rate is $1.58 a year on the $100. ^ valuation of cotton?this insurance , is pro-rated on cotton stored for less " time than a year. The cotton is A valued at market price of grades cm ai day cotton is stored and the amount of insurance is determined by the . weekly average of price of cotton s; during the period of storage. The vi charge of three cents a bale a month goes toward the expenses of the Commissioner's office. The insurance is paid monthly, while the storage charges are not paid until cotton is withdrawn from warehouse. All n persons not interested in the ownership of the warehouse pay the usual charges for storage, and these charges include the three cents a bale a month and the cost of insurance. (12) The farmer having cotton in a warehouse connected with the State Warehouse System has full protection against loss?under the bond of the local, warehouseman, under the bond of the State Commissioner, and under an insurance policy of $70,000 or more. Tlio cot- * ton is stored in the community where a Trown and can be sold any hour of nr any day of the year. a rr"? nooti 1] J. lie laiucio ui ? in every cotton-producing "county in South Carolina should unite in build- u ing a warehouse; the owner of every y ginnery should operate a warehouse s for the accommodation of patrons; t every farmer making 100 bales of y cotton should have a plantation n warehouse, or two or more farmers a should combine in the construction s of a warehouse with capacity suffi- s cient to store their own and tneir a neighbor's cotton. If there were enough warehouses in the State b Warehouse System to store all the t cotton grown in the State (about a 1,500,000 bales,) the farmers of lj South Carolina could' control the s marketing of their crops, selling i] strictly on grades and only when a prices were saisfactory. t W. G. Smith, a State Warehouse Commissioner, n p g Notice of Settlement and a Application for Final D'incharge c TAKE NOTICE, that on the 30th P day of June, 1917, I will render a final account of my actings aiid do- ^ ings as administrator of the estate c of Mrs. Helen Louise Jaques Thomas s deceased, in the office of Judge of Probate for Abbeville County at 10 jj o'clock a. m., and on the same day ? nHll nnnlv for a final discharge from | - my trust as such administrator. = All persons having demands against . said estate will present them for I;! payment on or before that day, ;> proven and authenticated or be for- Ij ever barred. A. S. Thomas, Administrator. !j STATE OF SOUTH CAROLINA, ;j County of Abbeville. jl; Probate Court. ;l Citation for Letters of AdmiuUtra- j| tion. !;! By J. F. MILLER, Esq., Judge of Probate: !;! Whereas, J. Harvey Clinkscales, \\ hath made suit tc me to grar.t him !| Letters of Administration of tlie Es- j!; tate and effects of Azra C. Clink?-i?~ it av>v.qw511o de- $ suaies, iai/c UJ. ^nkuk'UTt*iv t ? ceased. !;< These are therefore, to cite and ), admonish all and singular the kind- ;j red and creditors of the said Azra 1; C. Clinkscales, deceased, that they ;; be and appear before me, in the Court of Probate, to be held at Abbeville Court House, on Monday, the !j 18th day of June, 1917. after pub- ;j lication hereof, at 11 o'clock in the jj forenoon, to show cause, if any ;! they have, why the said Administra- } tion should not be granted. Gven under my hand and seal of \\ the Court, this 4th day of June, in Jj the year of our Lord one thousand | * J J 3 1111/1 l'n t nine nunarea auu acvciK?>i, .?.??. ~ the 14st year of American Indepen- \\ dence. !j Published on the 6th day of June, 1917, in The Press and Banner, and on the Court House door for the time required by law. J. F. MILLER, i| Judge of Probate. MERICAN MISSION 1 REACHES RUSSIA Washington, June 3.?Safe ar- ^ val at a Russian port of the Ameritn commission to Russia, headed by lihu Root, ambassador i extraordiiry, was announced today in a desitch to the navy department. The commission left Washington' x Dout May 15, charged with greet- < igs to the new democratic governent of Russia, and authorized to J !edge unstinted aid from the United \ tates not only in the prosecution of t ar against the common enemy, but * i the rehabilitation of the demoral- j ed country. It was preceded by a \ jecial mission of railroad experts, < hose arrival already had been an- * junced. ? After a final conference between { resident Wilson and Mr. Root the t )mmissioners traveled overland to '< le Pacific coast and there boarded a ^ ist naval vessel for the voyage to T le Orient. Under the voluntary cen- < >rship, at the request of thev navy ] apartment American newspapers re- < ained from publishing anything fliniK AT fllO i JVUU I/IIVU UV^Ml VWi. V V* VMV ^ V... vw , trough which they passed along the ] ay. While no German submarines re known to be operating in the Pafic it was deemed wise to print no etails until the voyagers were safely mded. The arrival of the mission at Petrorad is awaited anxiously, because is confidently believed here that 1 le assurance it brings from the merican government and people ' ad the counsel of its members will J o much toward steadying and lengthening the hands of the proisional government. II1 DRINK HOT WATER BEFORE BREAKFAST Says you really feel clean, sweet and fresh inside, and j are seldom ill. If you are accustomed to wake up rith a coated tongue, foul breath or dull, dizzy headache; or, if your teals sour and turn into gas and cids, you have a real surprise awaitig you. To-morrow morning, immediately pon arising, drink a glass of hot rater with a teaspoonful of limetone phosphate in it. This is inended to first neutralize and then rash out of your stomach, liver, kidieys, and thirty feet of intestines 11 the indigestible waste, poisons, our bfle and toxins, thus cleansing, weetenincr and purifying the entire limentary canal. Those subject to sick headaches, ackaches, bilious attacks, constipaion or any form of stomach trouble, re urged to get a quarter pound of imestone phosphate from the drug tore and begin enjoying this mornng inside bath. It is said that men nd women who try this become enhusiastic and keep it up daily. It is i splendid health measure for it is lore important to keep clean and iure on the nisi ie tliun on the outide, because the skin pore3 do not .bsorb impurities into the blood, ausing disease, while the bowel tores do. The principle of bathing inside is lot new, as millions of people pracice it. Just as hot water and soap 1 froilian fVio fjlfin. ICttllOC) y Ul IJL jr auu iivdu wa vuv o hot water and a teaspoonful of imestone phosphate act on the stom,ch, livre, kidneys and bowels. Limetone phosphate is an inexpensive rhite powder and almost tasteless. ?Adv. ?"?'??"???? : TO AVOID TROUB ICHELi ALL SIZES ONHAI " Auto T I L j ; Sta i ThU Red Seal Statid z Battery will give you the service you want. Once p ?a user you will al> L> L ways be. *- ? ? \ Dargau-. VLL CHILDREN LOVE "SYRUP OF FIGS" FOR LIVER AND BOWELS live it When Feverish, Croat, Bit ious, for Bad Breath or Sour Stomach. Look at thetongue, Mother! If :oated, it is a sure sign that your ittle one's stomach, liver and bowels leed a gentle, thorough cleansing at mce. When peevish, cross, listless, pale, loesn't sleep, doesn't eat or act natirally, or is feverish, stomach sour, )reath bad; has stomach-ache, sore ;hroat, diarrhoea, 'full of cold, give a ;easpoonful of "California Syrup of rigs," and in a few hours, all the :oul, constipated waste, undigested 'ood and sour bile gently moves out )f its little bowels without griping, ind you have a well, playful child tgain. You neddn't coax sick children to ;ake this harmless "fruit laxative;" hey love its delicious taste, and it ilways makes them feel splendid. Ask your druggist for a 50-cent jottle of "California Syrup of Figs" vhich has directions for babies, chiliren of all ages and for grown-ups ilainly on the bottle. Beware of counterfeits sold here. To be sura fou get the genuine, ask to see that t is made by "California Fig Syrup Company." Refuse any other kind ? A/?w IVIUI CUHWllliiU tim, For Sale The Lawson place, containing 54 1-4 acres, just 2 miles from the center of the city of Abbeville. A good dwelling, two tenant houses, large barn and good stables. A good pasture and fine farming land. *j 639 acres land about 10 miles from Abbeville. Good tenant houses and well improved. Can give good terms. Price $7500.00 153 acres about twtf miles from citv limits of Abbeville, 85 t o 90 acres in cultivation. Abundance of wood and plenty saw timber, two running streams on the plantation. Lies well. Price $20.00 per acre. 128 acres about 1-2 mile outside city limits ? -C A 4"Vl U 1 ^lUUCVlllC, wucchorse farm open on the place, fine pasture, . # . plenty wood and water. Price $45.00 per acre. I have quite a lot of farming lands and city property listed with me for sale. Come to see me, I feel sure I can please you if you wish to buy any kind of real estate. ROBT. S. LINK. '* a r% f TCP *7 L.H. UfN KUAU UOL x T [M TIRES & I 111 TUBES | VP AT ALL TIMES | or " jj; ools - Spark Plugs | ches ? Auto Oil ? # Mud Hooks;her useful articles | ' the car owner n ij: >RE MILEAGE ... buy... 1 i|: ndard Gasoline .1 on Main Street , | Onerated by I . II ). BROWN, JR. j | King Co. Nwywwvvvwwwy^N^^ I