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The Lexington Dispatch
Wednesday, May 15, 1912.
G M. Harman, Editor and Publisher
D. R. Haltiwanger, Assistant Editor.
Entered at the Post Office at Lexington,
S. O., as second class matter.
CIRCULATION 2.300.
:: V . . i
Compromise of $75,000
Accepted Conditionally
A conditional compromise of $75,000
was accepted by the creditors of W. P.
Roof and of the Lexington ba^'ngs
Bank at a largely attended meeting of
the creditors held in the court house
on last Saturday. The sum of $25,000
is to be paid within 60 days or sooner;
$25,000in 12 months, and an additional
$25,000 in 18 months. Upon the payment
of the first $25,000 Mr. Roof is to
file with Thos. P. Meetze, O. E. Leap
hart and W. H. Townsend, trustees of
the estate, a bond for $50,000 to be approved
by the court.
The offer is fully set out in the following
address, which was read with
much feeling by Mr. Roof:
"To My Creditors?Ladies and Gen- I
tlemen: I am before you this morning
to ask your kind attention and
consideration for a few minutes only.
x It is not my purpose to attempt any
explanation of all that has led up to
this serious misfcrtune that has befallen
me, yet I will say that I made
an honest and desperate figat to keep
back any such disaster. Now that it
is on me, you can never realize or
know the deep sorrow} humiliation
and regret that has almost crushed
' v my existence. Not for my own loss,
though my whole life work has been
swept away from me, but my deepest
trial and greatest grief has been for
the safety of my creditors. Yet, I
have not ceased to work., for both
night and day I have been with my
attorneys making an effort to formulate
some plan by which I might save
my creditors, an 1 with t he help of
God I shall still contend f r anything
tnat will be for their interests.
"Ihad a plan to present to my creditors,
assuming that the committee selected
on the 2nd would trade with the
Farrish-Stafford Company, whereby I
would be relieved of my endorsements
of about $600,000, leaving approximately
$874,000, 1 at on Thursday afternoon
last I was informed by a member
of the committee that shey could
not, probably, agree to the proposition
submitted tj them by the FarrishStafford
Company.. My plan was the
t one outlined at the* last meeting by
Mr. Barron, viz, by which each cred- v
iter would be ;? stockholder for the
amount that they have involved until
aB could be had without their assuming
any additional liability. This I
waa willing to undertake with the assistance
of a board of directors of your
selection, if it had taken me ten years
or the balance of my life, in order to
pay all or any amount that might
have been agreed on.
"Now, believing that the estate will
be forced through bankruptcy unless
some compromise is made, and taking
the very low estimate made by some
of the committee and their attorneys,
(they say very little will be realized,)
to avoid the bankrupt proceedings and
the sacrifice of everything, I desire to
undertake to pay into the Court $75,000,
viz, $25,000 in sixty days or less,
$25,000 in twelve months, and $25,000
in eighteen months. Un account of
the very short time that I hare had
since Thursday afternoon I have not
had the time to see my friends, from
whom I think I can borrow the money
for the first payment, but I feel reasonably
sure that I can meet the payments
and I am willing to enter into a
bond to this effect.
4'This offer of composition is made
to be applied to the bank, cotton and
mercantile creditors, and I will trade
with the Farrish-Stafford Company,
whereby I will be relieved of all endorsements
of the cotton mills.'7
Following Mr. Roof's offer of compromise,
the attorneys for the trustees
made a statement of the conditions as
they appeared to be after a thorough
iavestgation.
Mr. W. H. Townsend, receiver for
" the bank and one of the trustees of the
.estate of Mr. Roof, said that the best
that the trustees could hope to realize
>for the creditors under the most favorable
circumstances was about 18 per
nonf
Mr, Rcwfwafl questioned by Hon.
Geot%6 Sell Tiro merman aa to where
and from whom iie hoped te be able
to get the money, and to this Mr. Roof
declined to answer, saying that his experience
in the business world gave j
lim the assurance of his promise, and
he felt certain that he could meet the
obligations.
The creditors agreed to accept- the;
compromise under the conditions that
the store be reopened at once under
the direction of the trustee?, the money
received to be turned over to Mi.
Roof, less the operating expenses,
when he makes the first payment.
In case Mr. Roof should be unable
<r. money, the referee m j
bankruptcy, John J. Earle, of Colum- j
bia, will advertise the stock of goods
at once and the Court will proceed to
wind up the affairs of Mr. Roof in the
usual manner in such cases.
Under the terms of the compromise
the creditors will probably receive
about 20 per cent., less the expenses of
the Court, attorneys' and trustees'
fees.
A warm fight will be waged in the
courts over the alleged priority claims
?the claims of the county and State
amounting to 162,000. Should the
Court decide that these claims must bo
paid in full, there will be nothing for
the other creditors.
It is said that the same conditions
would have existed, however, had the
compromise not been accepted; for
had the trustees administered on the
estate it is said that only about $80,000
could have been realized and the fight
would have been made over the prior!
ity claims anyway.
The large department store of Mr.
Roof was opened on Monday morning,
in charge of C. E. Leaphart.
r m r
Correspondent Pleads
Against Social Clubs.
To the Editor of The Dispatch.
In your issue of May 8th we note a
small article under the caption, "To
\ WhDm it May Concern: Take notice
I that the Pelion Social Club will apply
i to *he Secretary of State for a charter
1 to improve the mental an.i physical
culture and for the advancsment of
social intercourse of its members."
Now, I would ask who this Lotice
should concern? I would answer it
should concern every intelligent citizer
of this our good old coonty of Lexing
on. We should 9top for jnst one
moment and consider who these socalled
social clubs will affect out in
the rural districts where there is no
police protection. Now, if we admit
the strict letter of the law, the socalled
social club could be a benefit
only to the man of rleigure who' has
nothing to occupy his mind and physical
talents but the idle rooms of the
social club.
Xnw r r?all on all pood DGOPle who
love good order and decency in our
small town to rise up in their might
and say, "Away with the social club,"
or better termed, "the social evil."
The people of Lexington county said
by their ballots away with the dispensary,
whereby their children derived
some benefit by longer terms of public
schools.
They said by their votes and by
their actions away with this polluted
money and we will make special provisions
for our schools by taxation.
No w, let them rise up and maintain
their sentiments by saying we will remove
the temptations set before our
children by the so-called social clubs
of today. If yon only take the trouble
to visit one of these dens of vice in a
city that is policed and only look for
yourself you will say at once never
will I submit without. my strongest
nmtest to the establishing of one / in
JT" - wr
my vicinity.
So eager are some people to handle
the unclean goods that produces so
many drunks that they are now endeavoring
to bring them in our midst under
the assumed name of a social
club. And, again, what is more
shocking, if we search the records of
on? churches, we are again pained to
see their names on the rolls in good
standing.
Now they will come up and say it is
mental culture to drink beer. Suffice
it to say that the drinking of beer is
good for the health, as is done in a
few cases, let the doctor get it for his
patieDt, and let us uot put ourselves
in the lamentable position of a lawbreaker.
The law of South Carolina prescribes
that in dry counties alcoholic
beverages in any form whatever shall
be sola or offered for sale. Now the
person who tells yon that yon can pay
fifty cents or one dollar and join his
club and buy all the beer and liquor he
wants and there will be no violation
of law 19 simply misleading you and is
himself deceived.
With these few scattering thoughts,
jotted down as they appeared to me, I
close by saying i truly hope this may
j cAtlse some one to stop and think
j where we, as a people, are drifting.
One Who is Interested.
1 Pell on, S. O., May 13, 1912.
BARBECUE
We will furnish a Barbecue and Refreshments
at Swansea on Saturday,
8th of June, 1912. We will have a
firstclass dinner and & pleasant day.
Gov. Bl.pa9e and other able speakers
will address the people on public topics.
W. L. K. JOHNSON.
JOHN J. REEDER.
5wSlp
Final Discharge.
Notice is hereby given that we will
apply to the Hon". George S. Drafts,
Judge of Probate for Lexington conn
ty, Soutii uarouna, on rue ioiri n?y m
May, l'J12, for a final discharge as administrators
of the estate of Job A.
Swygert, deceased.
W. K. SWYGERT,
S. B\ SHEALY.
Apr 19, 1912?2S Administators.
' You can be friends with must anybody
till yo i get ivahy acquainted.
I
FROMWTHE TROPICS?
.
In Central America many natives are
gathering the seeds of this plant, Cedron
Seed, a rare medicine that has valuable
curative powers. But few drug stores
carry this seed, owing to the high cost
of the article.
This country is a large consumer of
this costly seed because it enters into
the famous catarrh remedy, Peruna,
old the world over. ^
lllinnfnr fanfiirpd
riAlAJJUtVA WW
In Cornfield.
Messrs. E. M. Keisler and E. C.
Bouvce, who reside on Lexington
Route 1, on last Friday captured an
alligator after a desperate fight in Mr.
Keisler's cornfield, about two miles
from Mr. Azariah Taylor's pond. The
alligator measures'seven and oue-half
feet in length, and is said to be a
whopper.
Mr. Keisler managed to chain the
alligator and now has it at his home.
Subscribe to The Dispatch.
ANNOUNCEMENTS.
$5.00 Strictly in Advance.
For House Representatives.
The many friends of Capt. R. L.
Shuler, recognizing his faithful services
as a member of the House from Lexington
county, hereby announce him
as a candidate for re-election aDd
pledge him to abide by the result of
the democratic primary.
I hereby announce myself a candidate
for the House of Representatives,
subject to the rules and regulations of
the democratic party.
JOHN BELL TO WILL.
The many friends knowing the honesty
and ability of J. B. Addy announce
him as a candidate for the <
House of Representatives, and pledge v.
him to abide the result of the primary
election.
Many Friends, .*
f?j
Tor County Supervisor. ,
In recognition of the eminent services
rendered his county in the
position of County Commissioner for
two terms, we hereby nominate James
Caughman as a candidate for the office
of Supervisor of Lexington county, and
pledge him to abide by the result of
the democratic primary.
Many Voters. '
The many friends of Mr. John T.
Kaminer hereby announce him as a
candidate for.the office of County Supervisor
of Lexington county, and
pledge him to abide by the rules of the
democratic pariy.
John J. Reeder, of Swansea is announced
as a candidate for Supervisor
of Lexington County, and will abide
by the result of the Democratic primary
election.
Supt, of Education.
The friends of D. A. Kleckley, a
teacher of experience and well known
to many citizens of Lexington county,
announce him as a candidate for the
office of County Superintendent of
Education for Lexington county, subject
to the rules of the Democratic
party.
The many friends of M. PICKENS
LINDLER do hereby present hi9 name
before the Democratic voters of Lexington
county for the office of County
Superintendent of Education. He is
an experienced educator aud a graduate
of one of the leading colleges of
the State. VOTERS.
Recognizing the demands of my
friends, I hereby announce myself a
candidate for County Superintendent
of Education of Lexington county and
pledge myself to abide by the result of
the democratic primary.
IIOLLIE L. HARM AN.
The friends of A. D. Martin, recognizing
his efficient and faithful services
as Superintendent of Education,
take pleasure in announcing him as a
candidate for re-election to said office,
and pledge him to abide by the rules of
the democratic paity.
1 . _ . . i ~
For Sheriff.
Sim J. Miller is hereby nominated as
a candidate for election by the people
of Lexington county to the office of
Sheriff, which ftlice he is now ruling
for an unexpired term bv appointment
of the Governor. Tie will abide by the
result of the democratic primary.
Many Friend?.
For County Auditor.
I am a candidate for re-election to j
j the ofliee of Auditor of Lexington j
( county, subject to the rules of ti t i
I i
j Democratic partv.
I Vv". D. Pciif-. i
Billy Felix s Letter. j
To the Editor of The Dispatch: c
I have been absent from your columns
for some time, reasons best
known to myself. Being besieged t
from time tc time by requests to again .
appear, I hasten to come forth. Many
changes have transpired since I last
wrote, many disasters, both on sea and
land, many calamities and misfortunes,
both here and yonder.
Our little town has been somewhat
on a boom (?) since last fall; she now
has four stores and on certain occasions
there are many boasting, booming,
boozing fellows to be seen in her
borders.
Evangelist F. M. Turner and wife
9pent sometime here on a visit to their
adopted daughter, Mrs. Kinsler Sightler,
Mr. Turner preaching several sermons
while here.
Our old friend and brother, W. A.
Goodwin, ha9 gone out West to St.
Mary's Hosp;talto have treatment for
cancer. His son, Gary, accompanied
him. We are pleased to say that latest
reports state that the operation
was successful and Mr. Goodwin will
return home soon. *
Mrs. Lee N. Fallaw, one of God's .
most noble saints, was a visitor here ;
recently, and worshipped with the 1
Gaston congregation. (
Mrs. G. A. Goodwin, who has been
a visitor to loved ones in Blackville, ^
has returned to the delight of her
friends, and especially hubby. '
Mrs. J. F. Fallaw, assistant post- |
master, who has been taking tre itmen
t from a specialist, is much improved.
? ? ? " i' v i i
Miss Jttosa ?J. l1 auaw, wno nas Deen
suffering foi some time with typhoid
fever, is somewhat better, but still in .
a critical condition.
Measles liaye been raging in these
parts for quite a while and claimed
several as victims, among the number
being Mrs. Mary Sharpe, nee Mack;
Mrs. J. F. Mack, and D. C. Mack's
baby. We extend sympathy to the bereaved
ones.
Billy Felix.
Gaston, May 13.
NOTICE.
N Lice is hereby given that a meeting
of the stoc > holders' of The Kaufmann
Drug Co., is c' lied for Monday,
June 10th, 1912, at 12 o'clocx noon, at
the offi o of the said corporation, for,
the purpose of changing the name of
Kaufmann Drug Co. to Harmon Drug
Go. < Rice B. Harmon.
Vinnie Harmon.
; Directors,
u- May 15. 1912?4w32
: ....
9S . ? ?
">
j The itraighteet face tells the crookedesfc
story.
y
Alfred J. Fox,
REfll ESTATE AND INSURANCE
LEXINGTON, S. C.
Real Estate Bought and Sold.
Life Insurance,
Fire Insurance,
Accident Insurance,
Health Insurance,
Automobile Insurance,
Live Stock Insurance,
SURETY BONDS.
Write or call to see me
AT
THE HOME
NATIONAL BANK,
Lexington, S. C.
Wehave just added thi
over our vast line of Bed i
Ranges and Stoves, and all <
STALL i N
NEW BRf
Tho heuhp
SGGS FOR SALE?Barred Plymouth
lock eggs for hatching, and a few
ockereis for sale. Apply quick to
Rice B. Harman.
Woman's inhumanity to man makes
he divorce lawyer happy.
USE
The Great Liver Medicine
md General Tonic. It is esoecially
good for those sufferng
from indigestion or constipation.
A trial will con/ince
you.
guaranteed and manufactured ty the
R. L. T. Co., Anderson, S. C.
For Sale hy
KAUFMANN DRUG CO.
^jTL. H
Snecials for the S
I
India Linons are good for the hot w<
See those Poplins in all colors for S
Yard wide Madras at yard
See that new Cloth the Merainda, yi
Cannon Cloth, yard
Eat off of our Table Linen and yon \
See our line of ladies Pare Silk Hose
The greatest Line of Lace in the cit;
Baby Irish Embroidery, regular $1.0
45 in Flouncing 75c yalue our price.
See our Voile in all colors, at yard..
See our line of Children, Misses and
colors are beautiful l ?
See that Table of Calico, Red Hot! t
Don't come to Columbia without see
, Ladies' SlipperB. They are second t
snap and Oh! our price is all O. K.
MILLINERY: Our line is the ne^
2 months after the other fellows?W
a little rake off... Look at it.
J. L. HC
1616 Main Street,
Ami M 501
*1%, ? KA
s line to our business, and i
oom Suites, Wardrobe, (
)ther articles go with the Fi
ICSIp &ARRI
30KLAK&,
tho: s??ii3 Monn nooDS FOR SA?T
s.\ jK FOR u-:sfc
FISHING TACKLE?Have vou seen
our new line of fishing tackle, embracing:
hooks, lines, bobs, nets, canes,
etc? We have everything to make
your fishing trip successful.
The Bazaar.
AS WELL AS
large ones are welcome here? !
you need not wait until your bus- ;
iness has assumed great proportions
before opening a Checking !
Account, DO SO TO-DAY.
J
Our patrons regardless of the j
amount of business done, receive
every courtesy in all matters of
business entrusted to us?and J
there is nothing in safe banking
we cannot perform. Talk it over
with our cashier.
CAROLINA NATIONAL BANK,
I COLUMBIA, S. C. j
opkins1
ipring Shoppers *
gather dresses, yard 5c to 25c
kirts 25c
10c
ird 15c
10c
vill enjoy your meal, yd 25c to 50c
i, pair 25c to $1.25
7 4c
0 the yard at 85c
65c
only 25c
Ladies Parasols, just arrived the
25c to $1.00
Lfcyard 3}?c ,
ingour line of Children's, Misses'
o Bone. We have the styles and
ffest line in the city. We bought "*
e got the latest?and then we got
>PKINS
uoiumoia, d. u. j
/ood's Seeds,
rerry's Seeds,
Orange Cane (Sorghum)
Jarly Amber Cane, Millet,
Valentine Beans,
Kentucky Wonder Beans,
Sieva Beans
Beet, Turnip, Chufas,
o n rl f^anfcjlnnnp
dlUi ClXiVi VUiikLiJiVM|^v/
iarden and Field Seeds,
in bulk and packages,
tox Assortment Flower Seed.
UFMANN DRUG CO.,
Lexington, . S. C.
tm _
@
it will pay you to look
Chiffoniers, Parlor Suites,
.irniturc business.
ISTUGPIG,
Si C.
[ : MOXKV
5 !.! >NK V