Historical Newspapers of South Carolina

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II LOOKS LIKE IT IS FOUR MILLION ALLEGED INDEBTEDNESS OF UNION AND BUFFALO MILLS Reported that Certain Men Largely Interested in the Mills Asked Mr. Duncan to Resign, he Re fused-Mill's Loss this year $I,ioo,ooo-Mr. Duncan's Personal Debt to Mills $480,000. News and Courier. Union, October 3.-The meeting of the stockholders of the Union and Buffalo Cotton mills, which has been so eagerly looked forward to by every one in this community, was held to day in-the office of the Union Cotton mills. There were present not only stockholders, bu- creditors and attor neys for creditors from New York, Baltimore, Richmond, Charleston, Columbia, Charlotte, Spartanburg, Augusta and other points. The hour set for the meeting was 12 o'clock to day, but after those assembled had -waited for forty-five minutes for his appearance, President T. C. Duncan walked into the room and announced that the meting was adjourned till 3 o'clock p. ns, and the assembly dis persed. At an earlier hour, if seemingly re liable reports are to be credited, sev eral -substantial business men of the city, themselves largely interested in the mills, had a private interview with Mr. Duncan and requested him to re sign. This Mr. Duncan, it is said, P'sf tively refused to do, stating he would fight.to the bitter end. It was also rumored that vhe books now show the mills are indebted to the extent of four millions of dollars instead of three millions as was originally claim ed, and that President Duncan's per sonal indebtedness to the mills amounts to half a million dollars. From the mass of figures that con s%ituted the report about the only thing which seems to have impressed itself upon'the memo1ry of the hearers was the loss of Union Cotton mills during the current year, which amounted to one million and one hun dred thousand dollars, and that Mr. puncan's personal indebtedness to the mill is four hundred and eighty thousand dollars. For 'this item Mr. Duncan claims to have put up ample collateral and he announced the re port as ex parte and unfair. Another Account. Charlotte,' October 3.-A special to the Observer from Union, S. C., says: A special meeting of the stock holders of the Union Cotton mill, Union, S. C., one of -rhe largest in the state, was held this afternoon for the purpose of effecting a reorgani zation. Stockholders were present from Baltimore, New York and other eastern cities Of the 7,8 shares 6,614 were represented in person and by proxy The feature of the meeting, which lasted for tcwo.hours, was the submitting by expert accountants, There .n F N 75c. Seventy who have been at work on the com pany's books for some time, of a statement of the mill's condition. This report showed liabilities of $2. 700,000 and revealed the fact that the mill had been losing money for sev eral years, only maintaining itself 'by speculation in cotton Since January i, however, it appears that the mill has lost $8oo,ooo by speculation. The. report also showed that President Duncan was individually indebted to the mill $480,ooo, and the Buffalo mills, which he is connected, is in debted to it in the sum of $500,000. President Duncan made a lengthy statement, in which he said that his borrowings were secured by stock in other enterprises which he had put up. It is unofficially reported that some of the stockholders demanded his resig nation as president and director, but he refused to resign. Petition For Involuntary Bankruptcy. In the United States District Court yesterday in Charleston was filed a petition a.gainst the Union Cotton mills, of Union, S. C., in involuntary bankruptcy. The petitioners are all small credi tors, none of the amounts mentioned in the petition being very large. The Union Cotton mills have two weeks within which to show cause why they should not be adjudged bankrupt. The petitioners are the Chesapeake Shoe company, the Snelsenberg Cloth ing company, the Alwa Furniture company and the Spool Cotton com pany. The papers were sent to Union yes terday in vhe hands of a United States deputy marshal and will be served at once. The attorneys for the petition ers are Scaife & Hamblin. Early Lessons In Politics. "Father, why does Blossomhurst want to be annexed to Newkirk?" asked the boy, according to the New ark News. "She doesn't." "Then who wants her to be?" "A wicked corporation, my child." "Why does the wicked corporation desire such a thing?" "Because it is cheaper to bribe one city council than two city councils." "What is a brib'e?" "Suppose Willie Green had a little red wagon and let Jimmie Brown ta-ke care of it for him. Supp'ose you want ed the wagon and gave Jimmie an~ apple to let you take it. That apple would be a bribe." "But, father, I would not do suc-hi a thing."' "I hope not, my child." "If I .wanted the wagon I would knock Willie Green down and take i1 away from him." "Then a big policeman would ar rest you." "If I gave Jimmie the apple would I be arrested?" -"No, my child, for Jimmie would eat the apple, and t'here would be no evidence."~ On Tuesday night in the city 'o Camden, the body of Robt. McDowel was found dead in DeKalb stree1 from a wound inflicted by -a blud geon; -his money and keys were gone ever wa ewberry as cheap a~ ware Co's. -Five Cents L his body was found by his 15 year-old son, who was sent by his mother to see why Mr. McDowell was so late in coming home. No clue has been found. Mr. McDowell was a brother of the editor of the Chronicle and 48 years old. A meeting of the students and citi zens has been held and the people of Clinton have decidcd to stand by the college. Three requests were made by Dr. Neville and the students; first, that the Clin,on people pay the $20. ooo subscribed, when it was needed; second, that the citizens give the land on which to build the college; third, that free lights and water be given to the college. These requests were en dorsed. The parties who were arrested in Abbeville county for the murder of the negro Pendleton were given bond and have been released from jail. The dispensary election in Lan caster county on Tuesday resulted in the defeat of the dispensary by a vote of nine to one. A curious child once asked her mother the following question: "Mamma, do liars ever go to heav en?"' "Why, no; probably not." "Has papa ever told a lie?" "I suppose so; he may have." "And, mamma, have you ever told one? Uncle Fred has, and I have, and almost everybody." "I don't know but I have some times." "Well, it must be lonesome up there with only God and George Washing ton." Died of Improvements. The following is told of a patient, a German woman, who, taken serious ly ill, was sent to the hospital. In the evening her husband in quired how she was getting along and was told that she was improving. Next day he called again and was told she was still improving. This went on for some time, each day the report being 'that his wife was improving. Finally one hight when he called he was told that his wife was dead. Seeing the doctor, he went up to him and said, "Veil, doctor, vat did she die of-improvements?" Last Hope Vanished. When leading physicians said that W. M. Smithart, of Pekin, Ia., had in curable consumption. his last hope va nished;.. but Dr. Kin's New Discovery for Co*isumption, Cogsand Colds, kepthim out of his grave. He says: me, an !saved ylife. se thenI have used it for over 10 years, and.con sider it a marvelous thrat and lung cure." Stit~ scientific cure for Coughs, Sore broats or Colds; sure peetive of Pneumonia. Guaranteed, 50.and $1.00 bottles at W. E. Pelham & Son's drug store. Trial bottle free. Mr. Toney Turner has been elected mayor of Johnston .over Mr. James H. White. Attorney General U. X. Gunter, who has been quiite sick with typhoid fever for the past two months, is im -proving at trhe home of his father in Batesburg. s a time that you you can no' We have th ipto $45.00 I "John," whispered John's' wife, I'm thoroughly convinced there's a bur glar down stairs." "We*l, dear," replied the -husband sleepily. "I hope you 'don't expect me to have the courage of your convic t.ions."-Philadelphia Ledger. Cheated Death. Kidney troubles often ends fatally, but by choosing the right medicine, E. H. Wolfe, of Bear Grove, Iowa, cheated death. He says: "Two years ago I had Kidney Trouble, which caused Tr great pain, suffering and anxiety, but ] took Electric Bitters, which effected a complete cure. I have also found then of great benefit in general debility anc nerve trouble, and keep them constantly on hand, since, as I fine they have nc equal." W. E. Pe ham & S>n druggist, guarantees them at 50c. The election -on the dispensary in The county of Horry on Tuesday re sulted in a defeat for the dispensary by a vote of two to one. A Daredevil Ride often ends in a sad accident. To hea accidental injuries, use Bucklen's Ar nica Salve. "A deep wound in m foot, from an accident," writes Theo dore Schuele, of Columbus, 0., "cause< me great pain. Physicians were help less, but Bucklen's Arnica Salve quickli healed it." Soothes and heals burn like magic. 25c. at W. E. Pelham 4 Son's druggist. Custo;ner-Waiter, this steak i -like leather. Take it away. Wlaiter--Can't change it now, sir you've bent it.-Poughkeepsie New Press. Frightful Suffering Relieved. Suffering frightfully from the viru lent poisons of undigested food, C. G Grayson, of Lula, Miss., took Dr. King' New Life Pills, with "the result," h writes, "that I was cured." All stom ach and bowel disorders give way t their tonlc, laxative properties. 25c at W. E. Pelham & Son's drug store guaranteed. APPLICATION FOR CHARTEl State Of South Carolina. County of Newberry. Notice Is Hereby Given That thi undersigned will apply to the Secre tary of State of Souh Carolina on o after the 2nd day of October A. D 19o5, for the issuance of certificat of corporation pursuant sto the pre vision's of "An Act to provide for th inconporation of religious, educatLion al, social, fraternal or charitabi churches, lodges, societies, associa tions or companies, and for amendin t,he charters for those already .forme< and to be formed." Approved Fel: ruary 19, 190o. In behalf of Farmern Cluh of Newberry, S. C., a societ which has its 'headquarters in ,th county aforesaid. Given under our hands and seal this 28&h: day of September 1905 Chas. B. Tidwell, (L. S.) W. R. Guantt, (L. S.) PAINESS gIt""fo in i tiernlarso home sanatorium trea - Whiskey Cure ith*?a,"*ora in the H could gi yat The Ne em ranging TortyvFive D( W.. Garden Truck can be raised profitably only in soil containing plenty of Potash. All vegetables require a fertilizer con taining at least io per cent. actual Potash Without Potash no fertilizer is com plete, and failure will follow its use. Every farmer should have our valuable books on fertilization-they are not advertising matter booming any special fertilizer. but books of authoritative information that mean lareprottsto the farmers. Sent freeforthe Askri ng. GERMAN KALI WORKS New York-98 Nassau Street, or Atlanta, Ga.-22% South Broad Street. LETTERS OF ADMINISTRATION I By John C Wilson, Esquire, Probate r Judge. Whereas, Texanna Banks hath I made suit to me, to grant her Letters of Administration of the Estate of 3 and effects of Johbn F. Banks. k These are therefore to cite and ad monish all and singular the kindred and Creditors of -the said John F. 5 Banks, deceased, that they be and ap pear before me, in the Court of Pro bate, to be held at Newberry on Fri 5 day October 13, next after publica tion thereof, at ii o'clock in the fore noon, to show cause, if any they have, why the said Administration should not be granted. Given under my hand, this 26 day of September, Anno Domini, i9o5. 'J. C. Wilson, J. P. N. C. BrickB Brickl For Sale by Cs H. CANNON. I-. ORGANS S0 of the best quality $45 up, UPRIGHT PIANOS* 0 from $225 up. W-ite UB ' for catalogue and terms. * :MAL.ONE MUSIC HUS, * 1432 Main Street, $ Almost opposite Masonie Temple,$ * Columbia, S. C. BAK DEPOSIT Boardat Cost. Write Quick a.BOEGIA-ALABAMA BUSINESS COLLEGE,Uacon.C& istory of wberry Hard in price from >lars. e'Co.