Historical Newspapers of South Carolina

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DUNGAN DENIES HE IS I BANKRUP] SAYS HE OWES MILLS BU' THEY ALSO OWE HIM. No Preferred Creditors-Though H, Did Deliver Certain Deeds to Lands in Union County to Various Parties. The answer of ex-President Thom as C. Duncan, of the Union and Buf falo cotton mills, in the bankruptc, proceedings instituted agains him re cently, was filed in the United State district court last week, in which th deposed mill president, who wa charged with deeding his property t< his wife and others, denies many o the allegations which are made an< finally asserts that he is solvent, pray ing -a hearing of the court to deter mine the cause. The answer was made on the fina day, allowed by law, being filed bi Attorney 3. P. K. Bryan and J. S Munro, of Union. The order citing Duncan to show cause why he shoult not be judged a bankrupt was mad< returnable last Monday, btr under th< custom of the court, he had five day: 'to make reply, and the answer wa. only sent in Saturday afternoon. Duncan denies that he is inldebte to the Union cotton mills in th< amoun alleged, but admits that he i. indebted to the mills on open accoun1 in -an amount to be accurately ascer tained upon an accounting, but in sum less than the amount claimed. He also alleges that the Union mill. are indebted to -him on its promissor3 note and open account in the sum o $28,700 and upwards. He denies thai he is indebted to the Buffalo mills and -alleges that the Buffalo mills are in debted to him in a large amount to be ascertained on accounting. By reason of his liability as accom modation endorser- for the Union and Buffalo mills and also by reason ol his liability as surety and liability ol his property, as security for the debti of the Union and Buffalo mills, the i! not in equity indebted in any sum tc The Union and Buffaht mills. Duncan admits 'that the Exchange Banking and Trust company 'holdsa pr/>missory note, which is due and ~~-payable, but denies 'that after the de duction of all of the security held therefor, there is due and payable al leadst the sum of $i,ooo. Tnhe petition. admits that Duncat did make, execute and deliver th< deeds of lands in Union and Spartan. Sburg counties, 'to various parties, a: charged in th'e seventh, eight, ninth tenth, eleventh and twelfth paragraphs but he denies 'the other allegations -which are contained, relating to pref erence of creditors, etc. Duncan 'denies the thirteenth para graph, that 'the deeds were given fou ~j months previous to the filing of th bankruptcy proceedings, on Novenm ber 13 last. He admits, however, tha he did from time to time pay to on, or more creditors certain moneys, an< transferred 'to them certain property between July 15 and November i8, de nying other allegations of insolvency In the course of procedure, tb court will now name a. time for :th hearing, convenient to the attorney in the case, if it is to .be 'heard in equi ty, or if it is desired that the caus shall be heard before a jury, then. time will be fixed, when a jury is sii INAUGURAL DATE TO BE CHANGEE Washington, November 23.-Th last Thursday of April was 'decide upon today at the meeting of the na tionral coimmittee on proposed chang of inauguration day, as thei day to re< ommend 'to congress for .future presi K dential inaugurations. Thirty-one governors expresse themselves definitely regarding a pr< posed change in date of inauguratic day. Two-thirds of these favored ti last Thursday in April, and the r< maining one-third were dividedi -their opinions bletween the 30th< April and some date in May. Among 'the governors .who- expres: ed their views in writing were Jelk of Alabama; Broward, Florida; Ter rell, of Georgia; Blanchard, Lousianm -Glenn, of North Carolina; Cox, Tfer nessee -and Montague, of Virginia. lIt is the early husband who catche a glimpse of his wife's true complex SECRETARY F. H. WESTU Writes a Letter on the Price of Co ton-Urges Farmers to Stand Pat. Columbia, November 22.-Mr. Frai cis H. Weston, who is now in charg of the office of the South Carolin Co;vton Grdwers' association, whil President E. D. Smith is out in Texa pushing the fight and getting the wor - planned for next year, has given ot - an important card to the press of tb state, which ought 'to be of especi; interest. He writes as follows: -To the Farmers of' South Carolin In the absence of our state pres 5 dent, Mr. E. D. Smith, who is no, ) canvassing Texas in the interest ( f the Southern Co;rton association, I d( I sire to say a few words to you in re - erence to the appeal that has recentl - been made to you by the central : fice, at Atlanta, to hold your cotto I for higher prices. Lert me remind yo that in every instance in which th association has joined issues wit those who were fighting to secur I your cotton at their prices you hav won -a brilliant victory. lhe same pec ple who are urging you to part wit your cotton predicted that ten cent would not be secured as demanded b the New Orleans convention -for th cotton iheld in the south. By unit of action and taking the advice of th association, in the face of a fourtee million bale crop you secured te cents for your cotton. When yo were appealed to to reduce your acre age and fertilizers it was predicted b the same crowd -that you would b treacherous. towards each other an increase both acreage and fertilizer: This slander upon the southern farm ers was disposed of by the govern ment reporit on acreage. When thos that you intrusted with your interes were convinced that the depart-men of agriculture was being used to you detriment, and we felt i.t our duty t attack it, we were ridiculed and jeere at; nevertheless we proved beyon doubt every accusation we mad against the department and showe it to be thoroughly rot-ten. When ou estimate of the crop 'for 1905 wa 'made. and in view of the short cro~ we asked that the farmers 'be paid minimum price of 11 cents for thei -cotton, you 'heard on all sides that -thi was too much; yet throughout th south that price has 'been paid. - Th estim'ate oif the association has agai: been confirmed by the ginners' re port, 'which has jus:t 'been issued. 1 Ithe spinne.rs of 'the :world are noa made t'o p'ay more for their cotto whose fault is it? They 'had amp! opportunity to go into the market an buy at 11 cents, yet :they preferred t - believe the predictions of T'heodor Price, and campaign was inaugurate 'which had for its object t'he stampe( ing of the far:mers o:f the south. A rep'orts 'confirm the association t'hs co-tton is worth more than 11 cen1 and in the near future .will bring mox than 11 cents. The question is sin ply (this: Who shall get the 'benefit< this advanced price? W\e appeal t you to sign the pledges 'that have bee sent out and stand by 'the associatic in this fight. All this talk of cripplin and ruining the m'anu,facturing inte ests is veritaible botch. If the manm facturer has to pay more for his ra material he will receive more for 'h finished product, unless rthat finish< product is 'higher 'than some other a ticle which can be substituted for i' use. Wool, linen and silk are t competitors 'of cotton goods and the' is~ a l'on'g distance 'between those a -. :icles and c.otton 'goods, where the ra material 'would not cost the spinn< d more than 12 1-2 cenlts; if he has -pay 15 cents for the cotton now in ti :e hands of the :farmers. Those wi -have seen fit to consistently and pe -sistently advise the farmers to tu: loose their cotton 'for price's fss the d those fixed 'by the association mu - now answer the individuals and tl l south who has been despoiled of m ie lions 'of 'dollars 'while ifollowing the "advice. The Southern Cot.ton associ n tion wishes to fix a s:taple price f< cotton; this can only 'be accomplish< by the spinners dealing direct 'with ti association. We s:tand ready to me 5, the spinners whenever they desire -Stand 'by the association; it has nev ;advised you t'o' 'do anything t'hat w contrary to your interest; ignore t'1 advice of t'hose 'who have only brougJ loss 'to you and you will aid in r, turing to the southland millions< .dollars of ,which she has 'been unj'us .. robbed. T+ must he demnstrate to thev orld that he pro(ucers pro po. e to fix the price ()f their cotton. I appeal to the zealous. intelligent and patriotic county officers and the rank and file throughout this state to car ry on this fight with all the zeal and energy that you are capable of. We are not responsible for this fight; we e entered into it for the purpose of pro a tecting our cotton, the price of which e was being iforced down, without any s reason -for. i:E whatsoever, and "damn k Tbe he who first cries hold, enough." it - Francis H. Weston, e Secretary S. C. Division S. C. A. LI November 22, 1905. THE PEABODY FUND. Ngt Yet Distributed-When It Is Winthrop College Will Get Good Slice. y The Peabody board has sent Super n intendent of Education Martin $2,ooo u for Winthrop college and che money e will be turned over to that institution h at once. The receipt of this check e from Dr. Green, the secretary, indi e cates that the board will not discrib ute any of the funds this year as was L at first thought and that the Peabody s college at Nashville will not get The y $i,ooo,ooo as was first thought. e A letter received by Mr. Martin y gives the cause of this. It seems that e there is now about $2,ooo,ooo in the . -hands of the board and i' was pro ,1 posed that half of this be given to the u Nashville college and the other be - distributed in the southern states. y The money was to be given to Nash e ville on the condition That that city I give $250,000 and the state give a like . amount. For some reason the Ten - nessee legislature refused,to .give the - money direct, but promised to give e $25,ooo a year for ten years. This t did not please the trustees and it has t been decided to distribute simply the r interest on the amount as heretofore.. > The board, however, has before it I a -proposition by President Fish of I the Illipois Central Railroad offering e io be one of twenty-five to give I $io.ooo each to make up this amount r demanded by the board. If this is ac sj cepted South Carolina 'will come in Sfor a very large share of the balance a of the money and it is expected 'that r the Winthrop college will get several s thousand dollars more than any of e the other southern colleges, as Pres e ident Johnson is constantly in touch i with the members of the board. The - 'board will meet some time in January f when the offer of President Fish will v come up and the outcome will be a watched with-interest. d Did She Accept or Reject Him? 0 Kansas City Star. e She was standing on a. Westport d corner waiting for a car when he -stopped to chat with her. The sub 1 ject of engagements calme up " t girl friend of mine once had an aw : ful experience'' said she. Kate hnad e young man, whom I'll call Tom, for k several years. Two or three times he >f had asked her to~ marry him, but s'. o had withheld her answer. One day n he was appointed to a position in an n Eastrern city. That night 'he called on g Kate and asked her again to marry r him. - "'I need a little time to think it W over,' she said. i's " 'I leave tomorrow,' said Tom. 4I " 'Well, tomorrow night I'll mail r you a letter giving you my answer,' t said Kate. Tom went away and the te next day left the city. Kate 'thought -e the matter over until late in the night r- Then she decided upon a plan. She w would write two letcters to Tom,. seal er them, address and stamp them. 'They t would look exactly alike. One would ie accept his proposal and the other t would reject it. She would place r- them in the pocket of her coa:t, go to yna train and just as ic started she would L throw one letter aboard the mail car st without trying to see which it was ie Kate carried out 'her plan. She went -to the union depot and just as an east~ ir bound train started threw one letter a- aboard. Then she rushed 'back into r the depot and opened the other letter :to see 'how fare 'had decided it for 'her. ie With a scream she dropped into a seat et and almost fainted." it. At this point the car stopped and er ,the girl stepped aboard. "Did she ac E cept him?" asked the man on the cor ener as the car 'startred. :r. The girl replied, but her words were "drowned 'by the rumble of the car. yf ______________ t- Marriage opens a few eyes and THE PACIFIC MUTUAL LIFI Its peculiar LEGAL organization Insurance Company in America. It I the Greatest G.arantees written in th pany at less cost. Its non-participati company, doing business in this sectio The followiiga re the RATFPXer ing plan. Age. Whole Life 20 Payment Life. 1 20 $14.65 $22.60 21 1500 22.95 22 15.35 23.30 23 15.70 2370 24 16.05 2410 25 -.1645 24 b5 26 1685 2500 27 17,30 2545 28 17.75 2590 29 1825 26.40 30 18.75 2695 31 19.25 27.50 32 19.80 28.05 33 20.40 2860 34 21.05 29.20 35 21.70 2985 36 22.40 3050 37 23.15 31.20 38 23.90 31.95 39 24.75 32.70 40 25.60 33.50 41 25.55 34.35 42 . 27.55 35.25 Call to see us. ROBE Office over Post Office. FOR BARGAI IN FURNI ANI HOUSEHOL COME Kibler, De' Good line with artist stamped on for burning. Going at 1-3 Regular SEOUR HOI Pnrst Bags, Silvei Cutle: Book: INSURANCE COM makes it the STRONGE s nearly 40 years old. I e Policies of any Insuranc ig rates are LESS than any 5r,ooo on NON-PARTICIP ge. Whole Life 20 Paynicnt Li 43 28.60 M6 20 44 29.70 37 20 45 3090 3825 46 3215 39.25 47 33.50 . 40.50 48 34 95 4L75 49 36.50 43. 50 38.15' 4450 3990 46 00 52 41.75 47.60 53 43 75 49.30 54 45.85 51.15 ,5 48 10 53.10 56 5050 ' 55.20 57 53.10 57.45 58 55.85 59.85 59 5880 62.45 60 6195 65.25 61 65.30 68.16 62 68.92 71.45 63 73.80 7495 64 7835 78.76 65 81.50 83.20 RT NORRIS, Gen'1 Agt., . Newberry, S. C. NS TURE D GOODS TO ni s&Co of pieces ic design each ready less than price. .IDAY LINE! ry, i,.etc.