The herald and news. (Newberry S.C.) 1903-1937, October 20, 1905, Page 3, Image 3

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No. 984 for $i,ooo. which was excha i ged and included in stock certifica:cs Nos. 688 and 689, issued in the name of Wm. A. Nicholson & Son. The above bond appears a second time upon ihe records as follows: ] Oct. 14th., 1899, Dwight Hughes sur- ] rendered for exchange bond No. 984 for $i,ooo, which was exchanged and included in s;tock certificate No. 974, issued in the name of Mattie E. Riggs, execx. et. al. and No. 975 in the name i of Frank F. Whilden. f April 17th., 1896, Wm. A. Nicholson < & Son surrendered for exchange i bonds Nos. 283, 284 and 1944 for $5oo each., which were exchanged and in- i cluded in stock certificate Nos. 688 and 699, issued in the name of Wm. A. I Nicholson & Son. The above bonds appear a second time upon the records as follows: Feb. 16th., 1897, Henry W. Frost & t ,Co., surrendered for exchange bond No. 283 for $500, which was exchang ed and included in stock certificate i No. 766, issued in the name of Henry z W. Frost & Co. Jan. 26th., 1898, R. M. Marshall & Bro., surrendered for exchange bond No. 284 for $5oo, w'hich was exchang- t ed and included in stock certificates . Nos. 683, 684 and 685, issued in the I name of *M. E. White, et. al. Jan. 14th., R. M. Marshall & Bro., surrendered for exchange bond No. 1944 for $500, which was exchanged and included in stock certificate No. X58, issued in the name of Richard J. )Mor-is. Oct. 8th., 1896, W. A. Clark, pres- t ident, surrendered for exchange bond i No. 2552 for $i,ooo, which was ex- r changed and included in stock certifi cate No. 739, issued in the name of the r Soutrh Carolina Loan & Trust Co. ] The above bond appears a second time upon the records as follows: Feb. %6th., 1897, Henry W. Frost & Co., 5 surrendered for exchange bond No. ' 2552 for $i,ooo, which was exchanged and included in stock certificate No. I 766, issued in the name of Henry W. d Frost & Co. Oct. 12th., 1896, Wm. A. Nicholson k surrendered for exchange -bond No. t 1896 for $i,ooo, which was exchanged s and included in stock certificate No. 'v 742, issued in the name of Win. A. Nicholson.' c The above bond appears a secon dlc time upon :th.e records as follows: a Feb. 16th., Henry W. Frost & Co., t surrendered for exchange bond No. a 1896 for $1,ooo, which was exchanged ~ and included in sirock certificate No.t 766, issued in Vh.e name of Henry W. I Frost & Co.] Jan. 18th, 1897, Henry W. Frost & I Co., surrendered for exchange bond I No. 2325 for $x,ooo, which was ex-( changed and included in 'stock certifi-e cate No. 763, issued in the name of c Henry W. Frost & Co.( The above bond appears a second I time upon the records as follows: j 2-10-1900, E. M. Moreland surrender- I ed for exchange bond No. 2325 for( $1,000, which was exchanged and in- t luded in stock ker'tificate No. 1,ooo, issued in the name of A. B. Murray. f March 15th., Henry W. Frost & I 'Co., surrendered for .exchange bond No. 56 for $500, which was exchanged i and included' in stock certificate No. aver was 3wberry I as cheap as ware Co's. :Five Cents ui rborrn examination of bon,d transactions of state treasurer's office transactions of ist, 1894 to darte: On Feb. 2nd., 1895, E. M. Moreland surrendered for exchange bonds Nos. 744, 745, 746, and 747 for $5oo each, which were exchanged and included in stock certificates Nos. 542, 543 avl 544 issued in the name of John Grim ball. The bonds appear upon the records to have been surrendered and ex changed for stock certifica--s: Lt ap sear a second time as follows, t- wit: April 22nd, 1&)9, Charles Logan sar Tendered for exchange bonds Nos. 746 and 747 for $5oo each which were e changed and inclu:ded in stock cer tificate No. 947, issued in the name of Chas. Logan. May 23rd, 1901, E. M. Moreland, surrendered for exchange bonds Nos. 744 and 745 for $500 each, which were exchanged and included in stock cer A tificate No; 1074 issued in the name of Mattie R. Riggs, trustee, and No. 1975, issued in the name of E. M. -Moreland. Dec. 3rd., 1895, E. M. Moreland sur .rendered for exchange bonds Nos. 725 and 726 for $500 each, which were exchanged and included in stock cer tificate No. 638, issued in the name of Chas. S. Bennett. The above bonds appear again upon the records as follows: May 28th., 1896, D. Cappelman, attorney, sur rendered for exchange bonds Nos. 725 and 726 for $5oo each, which were ex changed and included in stock certifi cate No. 708, issued in the name of the German-American Trust and Savings bank. Jan. 15th, 1896, E. M. Moreland sur rendered for exchange bond No. 1173 for $i,ooo, which was exchanged and included in stock certificate No. 642, issued in the name of A. B. Murray. The above bond appears again upon the records as follows: Jan. 26th, 1898, R. M. Marshall & Bro., surrendered for exchange bbnd No. 1173 for $i,ooo, which was exchanged and included in stock certificates .Nos. 863, 864 and 865, issued in the name of M. E. White, eit al. Jan. 24th., 1896, E. M. Moreland surrendered for exchange bond No. 361 for $5oo, whic'h was exchanged / and included in stock certificate No. S649, issued in the name of A. B. Mur ray. The above bond appears a second time upon the record as follows: Jan. 26, 1898, R., M. Marshall & Bro., sur .rerrdered fo'r exchange bond No. 361 for $500, which was exchanged and in * cluded in stocktecertificates Nos. 863, 864, and 865, issued in the name of M. E. White, et al. April 9th, 1896, Henry P. Williams, cashier, surrendered for exchange bond No. 1946 for $1,ooo, which was! exchanged and included in stock cer tificate No. 687, issued in The name of Carolina Savings 'bank. The above appears a second time upon the records as follows: Jan. 5th., 1899, E. M. Moreland surrendered for * exc!hange ibond No. 1946 for $i,ooo, which was exchanged and included in* .stock certificate No. 934, issued in: the name of A. B.'Murray. April 17th., 1896, Win. A. Nicholson & Son surrendered for exchange bon~d There n Ni GUN 75c. Seventy *8~A friends did so. The latter had been t a farmer fin Orangeburg county, had been in good circumstances but had p met with misfortunes. v Dr. Bates yesterday spoke -with feel- v ing of the peculiar transactions. He r ihad placed a great deal of confidence a in Mr. Zimmerman and had not ex- t pected ,anyivhing like this. While he t made no accusations, still he seemed t to think that Mr. Zimmerman should ii have made some attempt to explain f the state of affairs found by the in- u vestigating clerks. Dr. Bates is in good circumstances u and is able ;co pay whatever will fall I on :his shoulders, but he stated that t for a man who has been honored with d the suffrages of the people to have b such a thing to come up more than c 'ten years after he has left the office t is mortifying. c Dr. Bates denied emphatically a ru- C mor on rthe streets yesterday to the effect that the Mr. Zimmerman who was cashier of Dr. Bates' bank at St. r Matthews was a brother to Mr. D. 9 Zimmerman. The other Zimmerman was cashier at the time when the bank lost a great .deal money aad died from a supposed accidental revolver wound in ithe groin. Dr. Timmerman Outspoken. Dr. W. H. .Timmerman, wh-o was 1 state treasurer from the time that Dr. e Bates left the office until he was suc ceeded by Capt. R. H. Jennings in C 1901. will be the heaviest loser by this series of transactions unless it can be t found where it-he money has gone and t restitution can be, wrought from those who profited thereby. "It is robbery," said Dr. Timmer man yesterday. "And if it were not for the hardship enforced by the laws t which govern the appointing of sub- ( ordinates, I would not have to pay- s this money five years after my term a of office has expired. Mr. Zimmer- t man was not my choice -for the posi tion of bond clerk. I wanted to ap point a relative, and had I been able to have done so there would have been no shortage to make good now. But as I could not appoint my nephew, and as Mr. Zimmerman was already t in the office, I retained his service throughout my administration." . In reply to a direct question, Dr. Timmerman stated that 'he is able fi nancially to meet whatever portion of the shortage may fall to his lot with- 4 out putting hi's bondsmen :to the ne cessity 'of aiding him, "but," he add ed, "I don't think the legislature of Sou~h: Carolina should exact it of me. The examining ommittee appointed { by the legislature checked up my books every quarter while I was in office and repor'ted ithe affairs of the office in good condition." Dr. -Timmerman is getting up in { years now, and he does not enjoy the prospects of paying possibly $Io000 and accumulated interest, to the state of South Carolina. As has been stat ed elsewhere, it is impossible just at this time to tell what proportion of the shortage will fall to Dr. Timmer man and what part to Dr. Bates. Capt. Jennings' Statement. Capt. Jennings is taking the matter philosophically. When the experts made their .examination of the books, in the Hi could ge v at The New~ 3m ranging i 'orty=Five Dol EiWaYi '7o. iIlued in then am o Henry W. Frost & Co. The above bond appears a second :ime upon the records as follows: ran. 26th, 1898, R. M. Marshall & 3ro., surrendered for exchange bond qO. 56 for $500, which was exchanged Lnd included in stock certificates Nos. ;63, 864 and 865, issued in the name of d[. E. White, et. al. Oct. 9th., 897, 'Chas. Logan sur -endered for exchange bond No. 1447 or $5oo, which was exchanged and in :luded in stock certificate No. 837, ssued in the name of Chas. Logan. The above bond appears a second ime upon the records as follows: an. 26th., 1898, R. M. Marshall & 3ro., surrendered for exchange bond qo. 1447 for $5oo, which was ex :hanged and included in stock certifi :ates Nos. 863, 864 and 865, issued in he name of M. E. White, et. al. July 22nd., 1898, Henry P. Arcjier urrendered for exchange bond No. 035 for $500, which was exchanged nd included in -stock certificate No. r3, issued in the name of Henry P. -rcher. The above bond appears a second ime upon the records as follows: an. 14th., igor, R. M. Marshall & 3ro., surrendered for exchange bond 1o. 1035 for $500, which was- ex :hanged and stock certificate No. 058, issued in the name of Richard J. dorris. What The State Treasurers Say. Vhile the investigation has been roing on at the office of the 'state reasurer for some time, not a word of t was known to the public and the an ouncement yesterday came with rea t deal of suddenness and caused nuch astonishment. Dr. W. T. C. 3ates, the first treasurer who employ d Mr. Zimmerman did not know of t until he was summoned here from ;t. Matthews the night before by a >hone message. When asked for a statement, Dr. sates said that it caused him a great eal of morti.fication- to speak of the riatter. He explained that in 1890 e was put on the so-called "Reform" icket for state treasurer without his olicitation and that he was elected ithout any canvassing on 'his part. When he came here to take charge >f the office, he found that the leaders if the "Reform party" had named his .ssistants Ifor him, but he thanke-d hem very kindly and announced that .s he had not asked for The position nd as he was to be reisponsible for he proper conduct of Ithe office he referred to select his own assistants. le therefore reappointed >Mr. Win. .Laval as chief clerk, M-r. John Tay or as bookkeeper and in place of Mr. ~oggesahal'l of D'arlington he appoint d Mr. Willis, the cashier of the Bank if Johnston to be bond clerk. Mr. oggeshall would have been reap ointed, perhaps, but he did notr ap ~ly and was not known pergonally to )r. Bates, having been appointed by o1. E. R. McIver, .the retiring state reasurer. Mr. Willis' healt-h broke down be ore he had been in the office long an'd )r. Bates had to look around to get nother man. He was inclined to ick Mr. Zimmerman and upon the olicitation eof Mr. Zimmerman's ~atilme: that you you can not We have thi > to $45.00 F r Hr Iiy irst reportcl that Capt. Jennings vould lose notihing. but it now ap >ears that there will be. -one item for vhich Capt. Jennings' administration vill be held responsible. Capt. Jen tings, unlike his predecessors, is not . man of means. He lost his arm in he service of his country and has not >een able to amass any money, al hough he has lived comfortably, hay rg been clerk of the court of Fair ield county 14 years and state treas rer now neary five years. Mr. Laval, who was in the office inder former administrations, has >een kept by each incoming state rea-surer, for his services could not be ispensed with. Mr. Zimmerman and Jr. S. T. Carter were the other two lerks when Capt. Jennings came into he office and he retained all three, de laring, however, that at the end of ne year he would not need Mr. Zim aerman's services. He did not like to dismiss a man egarded so compe-Eent without am le notice, and yet he wanted to have .ssociated with himself in the office iis friend of many years' standing, Jr. J. Fuller Lyon. There had been o dissatisfaction with Mr. Zimmer aan's services, but there was a bond f affinity between Capt. Jennings ,nd Mr. Lyon as each had lost his zft arm in the service of rhe Confed racy on the same day. Mr. Zimmerman thus was in the ffice only one year under Capt. Jen ings' administration and in that ime but one alleged fraudulent en ry was made. Since his retiring from he position of bond clerk, not a sin le entry has been made, which is not erfec'tly legal and the bonds have all een accounted for in this investiga ion. "I can ill afford the loss," said apt. Jennings yesterday, "but the tate of South Carolina shall not lose cent while I am in the office of reasurer if I can raise -the money." BrickI BrickIl For Sale by C. H. CANNON. 1Piano Exhibit. PWe will make our Piano enhibit during the Fair at our new store, No. 1428, Main Street, opposite Masonic Memple. OUR PIANOS are of the standard makes and are marked in plain -figures. They range in priceV uWE CHALLENGES anyhoseinAmerica to show a better line& any ous inYOU ARE. *cordially invited to call and see ou4 MALONE MUSIC HOUSE, 1428 Main Street, Columbia, S. C. I,S...O.O,.+ 0005 flBANK DEPUSIT 9 Railroad Fare Paid. 500 PXZE Courses Offered. Boardat Cost. WriteQuick EORSIA-ALABAMA BUSINESS COLLEGE.Macons 6a story of t a rberry Hard 1 price from lars. ...C..