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