% . N, A ^aiK'r- " - i .. , ' 4 B * ; / v\. r _ . *;' > * ". . * ? i' in ssBga -I, .. I ^ 23c5 k?jrr-\i?*?: g?^gf^ 2^g-?aeari?fc *a*S>*L ttXitfft-nl. ?A?r .?' / I M. u jtvx OMiwm JJTO MinWi ? .. _ _ Xtesuc^am '?* :'.. '. . i. r r'Ti.n -Tii^ if ?? ni.i1.1 11 in 1 rs^nrar^-^:.wjersaaciszr?^r^=D?2:.- -.. ?r -.;rr*::.vrr*.rrTrr"vrum: AMKWEfcKLY L A N C A 8 L K 11. S. 0.. J U L Y 12, 1905 It-'iAliJlM F!; '>/.2 I i ~ I ??i ^ | |\ I Al I I ^ I I unrxlonf nrn>??n>i " 1 ? - * a uaiiK uoseo in uariington. LARGE OIL CONCERN PUT IN THE HANDS OF A RECEIVER. BANK MADE LARGE LOAN. Difficulties of the Indepa ndent Cotton Oil Company Were Followed by Closing f?f Darlington Trust Company. The State, 8th inst. By .1. IL. N .rment. Darlingtrn, July 7.?Two unexpected occurrences startled Durlingtoniang this morning and this will extend to a much wider circle when the facts are known. The first was the announcement that the doorsfof tho Darlington Trust company were temporarily closed; tho second was the state" nent that the uifairs of the independent Cotton Oil Company hud been placed in the hards < f a receiver. THE NOTICE. The first intelligence was gained from the following notice, which was pasted on tho closed dooi8 of the Darlington Trust company: 4 Owing to tho financial trouh. les of the Independent Cotton Oil company, the directors deem it tc (lie interests of the depositors and the stockholders of the Darlivg ton Trust company to close tbt doors temporarily. Tho diroc tors have examined the hooks o: the company and assured al stockholders that they will ho pni< in full. "By order of the board of di v rootois. E C. Lide. "Cashier. THE OIL COMPANY. It will ho aeon by this nolin that the Independent Oil com pany was involved and the newi of a receiver having been np pointed for this company follow ed soon. Your corresoonden wanted only the most accnrati information concerning the 8itua? tion and what follows is official: Going first to Mr Bright Wil liamson, president of the Inde pendent Cotton Oil company, an< one ~f its largest stockholders, th statement was secured from Pfes ident Williamson: mr wii.t.iamson's statement. "Ten days ago, because of th solicitation of my friends, 1 ac cepted the position of presiden of the Independence Oil company at a special meoting. I at one began investigations and a foi days ago I found some inaccurac ies which 1 had verified yester lay I feurod these were serious enoug to place the company in the hand of a receiver, so called a director' meeting by telegraph. Sevc out of uine members wero prei ent, Mr Nachman being in Pari nutl Mr Israel not being able t< attend. After bearing my repor these gentlemen were of the unnr imous opinion that a receive should be appointed and today a order from Judge Watts appoint tin to tint position to take charg at once." It is impossible now to get an definite statement regarding th assets and liabilities of the conn pany. The capital stock ot tho Indi 111 |/nu y Wcl* IlOUllllI' 11y $1,000,000 and the atoc : wold lust week aa high na 75 per cent of the par value. The l abilities will approximate $500,000, so it ia believed. The Independent Cotton Oil company under the management of President It K Dargan, has had a record and reputation seldom equalled. Whou he. took outage of the one mill upon which the organization was afterwards founded, the stock Was selling at 50 cents on the dollar. Latterly the company has operated plants at Charleston, Darlington, Midline, KingstrCe, Ti mmonsville, | Syracuse, Effingham, Wadesboro, N. C., Cheraw, Lamar, Homer, Lydia, Swift Creek, Mechamcsvilie, Marion, Manning, Auburn, Montclare, Davis Station, K. C., Summerton and Parksville These 21 plants are still under the direct control of the Independent Cotton Oil company, constituting its i various branches. Mr It K-Dargan is president of the Datlingtftn Trust company, > which was organized April 1, I 1905, with authorized capital of $200,000. The Independent Cotton Oil company borrowed $80,000, so it is correctly stated, from the Trust company on demand loan. These loans were I called for yesterday and could not t he mot, but it is authoritatively stated that depositors unjl Rtock. holders of tho Trust company i will be puid at once. I Charleston Financiers Hit In Oil Failure. s Charleston, July 8.?("Special.) f Judge BrawLy today on petition j of crediors inCharleston appointed j I Bright Williamson, R. Bte Lebby and Ct. H. Sass receivers for the Independent cotton Oil company, of Darlington. Charleston has been hit heaviiy. Not enly is a bank here holding a great deal of paper lar g? ly nneeured, but in 5 dividuals have blocks of stock. The liabilities are estimated at 1 1760,000 and it is said tho assets are chiefly the mills nod some seed and hulls, t 0 Price denies That He got advance ' Figuies. New York, July 8. ? The Associated Press has received the following letter from Theodore II 0 Price. "My attention has just been called to a hullotin of the Aswciatod Press to the effect thnt u e Mr. Holmes, who has been dis! missed from tho department ol t Agriculture, communicated adf vance information to Now York e brokers i ncluding myself. Perv mit me to say that such slutemenj - is absolutely false and with^fl . foundation. 'So far as I know, nc h charge has ever beon made against Is me to tho department nor hat s t'ie department made made any n inquiry of or concerning mo with i- regard to the matter. The report is is false and libelous and 1 shall he t) obliged to treat its publication a* t such and seek legal redress i- against all who give further pubir licatioD to the statement, n 44Theodoro II. Price. e CASTOR IA y For Infants and Children. ? The Kind You Have Always Bougnf Bears the . SZSTZ5T Signature of 5 ' CferK Holmes Dismissed. L( Guilty of Causing Leak in Cotton Reports.? Made $73,000 in One Deal. Washington, July 8. ? Secretary of Agriculture Wilson this morning formally dismissed Edwin F Holmes assistant statistician, from the government service on the ground that he had furnish ^ ed advanco information of the *)r government cotton reports to ^ .speculators and that, he mnnipu'ated figures of the reports for speculative purposes. The report C( of the investigation t>v the secrot ^ service shows that Holmes, on at 11 least one occusion, received $78,- > 000 from u firm of brokers, pre? M'jinahly for this advance infor e> uintion, although the transaction was disguised as boiug in pay- n< merit for tho salo of western nun- ^ lc ing f-tock, 'which it is mid was practically worthless. Secretary* Wilson conimunica- ^ ted yesterday with the Urdted ttl ' H States district attorney for the I District of Cqluuihia for tho)c* A] purpose of ascertaining whether! or not Holmes could be prose- ^ cutod, but he learned there was ^ II no statute covering his case. In addition to discharging ,r Holmes as a result of tho invea- ^ tigation of the charges preferred * by Richard Cheatham, of the ' Southern Cotton Growers' assoc'uitioii, Secrotary Wilson today * promulgated the order which will surround the collection and oomh pletion of government statistics ! regarding speculative crops with ^ additional safeguards as to secure accuracy and will prevent advance e information reaching tho public. ^ The buroau of statistics will bo thoroughly reorganized and reports from field ageuts will re- ^ main sealed until tho day the 91 official report is made. In this a connection Secrotary Wilson ^ makes tho following announce- 1 orient: "There never will lie at ^ any time in possession of tho bureau of Statistics or of any office of tho department except while the compilation of tho officiul report is being made, from ^ tho completo information received f nni' imor.on/l n?? fn /? " 1 1 ^ IIUIII v?mvf|/wiiiinjlB HI Ull I 110 cotton Statos Texas and Gcor- 1 jrin, two of the largest cotton 11 producing states, will be separ- ' atod from ti e group of reports * from townships and counties. Hereafter, there will bo three * general special field agent* instead of one assigned to the work (if * ' 4 collecting statistics for cotton . reports Those agonls will have * no communication with each other ^ and will report on different groups Of 81(1108.'' % Secretary Wilson said that v I Prolines was tho only department c ' employe implicated. S , two bo rn.Es cured hi m ] ' "L was troubled with kidney s ! complaint for about two years," . writes A. H. Davis, of Alt. Btcrl ing, la., "but two Dottles of ' 5 Foley's Kidney Cure effected a 1 permanent core." Sold by Fun- t dorburk Pharmacy. It is a good time to prepare for second crops of Irish potatoes c Second crops often strike it right and yield good returns There is ' an element of chanco hut it is well 1 worth taking. Tiy it this year.? 1 Yorkville Knquircr. Foley's Money end Tar 1 f'ic children.soft .sure. No opiate*, 1 saders Of Mutineers Kill= ed Ten Officers. jumaniu Transfers tho Kniaz. P temk n To Admiral Krueger. ? L u r g o Supply Ammunition. Kutenji, Routnaniu, July 9? dmiral Krucger this afternoon larded and took possession ofthe nssian battloship Kniaz Potonin, King Charlos of Roumania iving sent instruction to thn immander of tho Russian auloritios without raising difficulBS. l'lio torpedo boat which accomsmied the Kniaz pDtemkin, how* rer, left for Odessa without surmdcring, declaring that she had [)1 mutinied but that tho Kniaz otomkin had forced her to fol>w. Admiral Krueger arrived with is snuadron thi? mnrnimr nn.l . ? H ""v* fter exchanging the customary ilutes, intimated that he had nne to arrange for the transfer f the Koiaz Potoiukin. Admiral Loshnaky, commander of the loumanian squadron, t>oarded the hisslan battleship Tchesme and iforme l Admiral Kruegcr that Ling Charles had ordered him to un the vessel over to the Rusian admiral. The formalities of tie transfer wore completed this ftomoon, and Admiral Krougor oarded the Ivniez Potemkin. The Associate d Press represen itivo inspected the Kuiaz Potom in after the withdrawal of the loumunian guard. Despite the Hurts of the Roumanians to ct things in ship shape, evoryung on hoard the battleship was Lill in a state of wildest disorer. The oflicers cabins were tripped of everything of value nd blood stuins were every rhero. There was sufficient arainnitiou aboard tho Kniaz Potemin to havo enabled the mutineers ) maka u desperate resistance. It is said that during the last ew days the vessel was navigated y two engineers and an officer dth revolvers at their headsAll of the sailors wished to surender with tho exception of rlatuschonko, tho loader of the lllllinv \?hn r#>uiutarain?for obvious reasons. Hut few men are able to hear U A inU?OV\AMA J A?ll /V ^ '! ?* ? uo nuijjj/ciou unn ui wwij. Tho charitable man is kind to he weak, and tho wine man is sourtooua to tho strong. Never censure people because ,hoy happen to be rich. l'hey nay be just ax roapeCtablo as you ire. It is a criminal offense to stuff l ballot box, but there is no law nohibiting the stuffing of a contribution box. News of the State. (Specials to The State.j .lonesville Depot Horned. Union, ?July 1).?Firo this morning: at 3 30 destrnyod foe new dopol built at JwjiesviHe by the Southern railroad about three yoarsago. The loss will approximate $5,000. There was ijuito a lot of freight in the depot at tho time, having been put in there just tho afternoon before. The now brick sloro of Williams Brothers was damaged by the lire but without injury to the coutenis. This firo is supposed to have been started by rats Man's Skull Is Crushed, Son Charged With Crime. Spartanburg, .Inly s.? Aaron IVIu 11 lies Ht tho hopital with his forohcad crushed in. lie in in a precarious condition and his physicians entertain little hope of his recovery. Ilis son, young Adolphus Mull is accused of inflicting the terrible injury and has been committed to jail to await trial. It seems that Mull came to town on Thursday and sold sum cotton. Iio then loaded up on mean whiskey and went home bent on a row. lie soon got in to one with his whole family. In the meloo, would appear, ho was brained with an axe. Circumstances point to tho son us the wieldcr of the instrument. He however, as well as tho entire family, protest that tho old man was not struck with any thing, but that in his drunken stupor, ho fell against the side of tht house, thus inflicting tho injury, On tho olhor hand his ::tlending physicians declare that so -everc u hurt could not have been brought about except by a blow from i blunt instrument. Negroo's Hold Broken By Rail road Engl ne. Aiken, July 8.?Luke Gray, colored, while sitting on ths railroad track about one mile west of Montmoronci last night about o'clock, was struck in the head by engine No. 1. 556 going from Charleston to Augusta His scalp was nearly loin off and a piece of his hat was driven ink his head, which was fractured from his forehead clear back k his neck. Dr. S. G. Croft was called to attend him. When In found Gray consciou , and whili i. ? ...... AVo.n;?;r,~ n.r, UU vvna UAiuiiiuni^ 11IU ?>wuu? the negro talked to him fr< ely ?1 though he must have been in grea pain. He will dio. GREATLY IN DEMAND Not'ing is more in demand thai a medicine which meets modor requirements for a blood an< system cleanser, such us l)r King's New Life Pills. They ur just what you need to cure atom acli and liver troubles. Try them At Crawford Bros', J F Mncke & Co'a and Fnndorbnik Pharmacy i drug store, 25e, guaranteed Some girls grow no and beeotii happy wives and mothers, an some others become lady novel 1 ists. Before asking a favor of a ma a wise woman gives him a goo 1 dinner?with a littlo llattory o the uide. ' oastorja. Bear, the ^ ^ Pretty women probabl wouldn't murry homely men i ' they wore not usked. "Ian Drops ))eao ; ui -Vd :s atart; ed. viVv' es gt i oh -tided ug Rollins foi the manner in which he spoke, and loft \v "hout further words. About If o'clock Rollins Btart| eb. o: a bucket of w.'.tci at a well j which he audi ail used uui of and [ a as obliged to puss Peebles house. Peebles was on his porch and Rollins stopped and told him ho 1 ^ ha cuUie to tell him about the ditch and commenced t!lins was | standing on the idewalk, talking ! to Peebles. I ken liollins wont ou to the well talking back to Peebles but did, not curse, while Peobles used si rung language to bin:. When at the wci! biut a few ' minutes Rollins fjii and died in etantly. Rollins loaves a wife and many friends to survive him. 1 Elihil Root Accepts John Hay's 1 Portfolio. Oyster Bay, July 7. ? Official ' announcement was made today that hlibu Koot Las Ween appoint^ * ' eel secretary of state. Tho fol losing statement was given out by Secretary Loco; "Eliliu K u?t has accented the tender 1. y tho Proulcut of the secretaryship ..f otatc. Ho will take the oath of ottico in a couple of ?vO'aks, but it will nee ossarily bo son o little t rue tien j tore ho cloaci up his b isinoes af . fait'-, lio w ili not go t > Washinge ington pt:ruitiiunt!y until some ~ time in September. y mo r a i.sf. ci-a:.vm 1 'I ho proprietors o 1 holey'a I 11 ncy and 'Ik.: do n< ' mivertivy e iui-> as i * - .. .jut v .v i .ir- 'i ;J ti -u. i "h*\ !o rotdui: it \vtn*V cure this :fio 11 <'triplflinf in ail-., vnucod c. ert tint ii >vill ? .it in {he earn lier starts and never f?u i-s to fcive ' ti comfort ami re le in the worst * . D cases. Foley 'a I foney and Tar is with nt doubt the ? rontcut throat m ; rtnjr k me.lv. Keiuso substitutes. Sohl r>y I*'umierburk | I'tianniicy. y ! IVople who .w in the some f si^.i;."o dor/' alway move m the >Hiiiv) circle