Historical Newspapers of South Carolina

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I V STATE FIRE INSURANCE CO. Comptroller General Jones at Head of New Company It will Have a Capital Stock of $300,000, with Headquarters in Columbia. News and Courier. Columbia, November 14.?Application has been made for a charier for the Fidelity Securities Company, which is I lie first step in the organization of a South Carolina lire insurance company with a capital slock of $;}00,000, with headquarters in Columbia. Comptroller (Icneral Jones is the prime mover in the organization of this company and will be its head, lie lias secured the backing of the leading business men of the state, who realize that il is hot only an excellent investment from the purely business standpoint, but that the plan to keep the insurance premiums in tins stale and section is deserving of support. Mr. Jones has lot vet made any systematic canvass for slock, bill slater thai with the small amount of wo"k which he has been able to do on ibis line outside of office hours lie has met with encouraging success. IIis desire is to distribute the stock among; a large number of small stockholders scattered in all sections of Hie slate. The company is to be primarily a South Carolina concern, hut it* business operations will not, of course, be confined to lhis slate. The Fidelity Securities Company 3 is In own and hold slock in fire in$ surance and oilier companies, using ? the proceeds of the sale of its slock for this purpose, and to act as general agent for fire insurance and other 1 companies. ( Its principal object will be to organize a new fire insurance company I to be called flie (Jillf and Atlantic ' Fire Insurance Company of Columbia, S. C., ilic funds for which will be furnished by I he Fidelity Securities Company buying' t lie capital slock of the lire insurance company and holding- the same in its treasury, the Securities Company becoming- the I general agent and manager for the jS' Cnili'd Stales for the lire insurance p. company. Of the capital slock of ihe Fidelity Securlies Company $200,000 is offer ed to investors, while the balance of $100,000 is In l,c distributed throughout ihe liehl to ihe agents appointed and representing- the lire insurance & company and other insurance com? panics controlled by the Seeurlities |T Company. In this way, each agent i;i will be directly and financially inter| esled in the success and welfare of jf the company, and will aid the com| pa ivy's ell'orl in enforcing- the guar: anlcj'd conservatism in the selection of risks. jL> The par value of each share is ten dollars, and it is destircd that these |' he as widely distributed over the L stale as practicable. J In the Stale of South Carolina, aeI cordimr to the ollicial report of t 'onipj troller (icneral Jones, the lire insurance companies doing- business within (he .-tale received in premiums from Ihe citizens of the state in the years 1000 ami 100"), inclusive. $0.00li.>i40.20. I deducting; the reported losses and expenses, the profits derived by these companies from I he; business done in Ihe stale according to the rets ports furnished by the said eompankS ie.i amounted to $1, IJ2,iK? 1.77. These. amounts do not include mutual as sessmenls companies, which do a ) large and profitable business within the .'tale. ; In 1000 the legislture provided for . insurance yf public buildings of the state by the state itself through Ihe ' sinking1 fund department. That department in its report to tin? last sesk si<m of Ihe (Icneral Assembly says: ^ "During the six years of ils operauXytion (Vmce .January 1. 1001.) this W sinking fund insurance department. I has paid out $2,1-1.") for losses incurred A in six fires and $1M.I0 for the costs W )(?f appraising damage by lire, ap|L praising- rales and value, determining \M hazards, and for stationery stamps B and blanks; and on December 111, ;I00(I, has accumulated a net fund of || The enormous profits shown as above are accentuated when il is conH sidered thai tin1 premiums paid for ' this insurance were only Iwo-thirds Hi of tiie amount paid prior In Ihe adopR t.ion of Ihe scheme nf stale insurance. The lirsl $200,000 is being placed ^^al par In investors, and when that 3^,amount is sold, Ihe price of the ^Ki'capiiiil slock will be advanced lor (lie B Vcmaiaing- treasury stock to $12.50 The purpose nf Comptroller OenV era! .tones to organize and manage S this company is taken as an indicajj| tion that lie does nol propose to | nKlagain offer for the oflice of Comp-1 ^B/l roller fleneral. Mr. .Tones is rated I j^Bas the hardest working otYicia.l in ' tin.' vtale house and is an authority on all tax ami insurance questions having made a study of these mallei's for years ami being perfectly familiar with the intricacies, whicl: ipuzzle the average iman. He has made a most consilient ions and thorough oftieial, having, served several terms ami havijig proviously been chief clerk io1uer (\?nipt roller (.loneral Dcrhain. li is generally prediciexl tiial lie will make a success of his new venture. J. IT. DESERTED BY FRIENDS, DIED AT FRUIT STAND Very Sad Demise of George Daley ii Columbia. Augusta Chronicle. Columbia, Nov. 14?An apparently well educated young while man, 'i.4, years old, giving his name as (.{corgi K. Daley, died here today on a cot al a fruit stand, where he had been befriended when all I he remainder ol llie world had deserted him to die ol blond poisoning. Young Daley wa> "dropped off' here by the Wallaci circus people because of his condition. lie grew steadily worse and I in ally died in great agony. The unfortunate young fellow seems to have had a s*ad history. According to the most reliable infonnaI lion that could be secure*! about him ! he disappeared from his home withj i>ut explanation when about to be i married, on account of his condition | lie had spoken of hi.s ambition t< and hope of recovering his health and ! returning to his home, pride forbidding him to go back like a prodigal in destitution. Only recently he had accumulated the necessary "stake" and with returning strength wabuoyant in the prospect of surprising the folks ait home with his presence in a short time. Hut suddenly he grew Worse, and he lost his money in keeping body and soul logelhei i while he was unable to work, ami ! finally died in want and suffering, i 'I'd wii'.un a few minutes id' lib j la-1 breath he steadily refused to givi t!.c addrc-s of relatives. 1 111 finally ' a> l :< las; "lint of the life 1 iht wa? 'about to go lu' uttered something I about "05 State street.' in answer t'" a question as to where his people lived, hut whether he was "wanderj ing in his mind," or parents, or rej latives do live at some J).") Slate street ! may never be known. Ninely-livi I Slate street, Chicago, is occupied by i a well known business house. SLOW MASTICATION OF FOOD j Advocate Claims That it Will "in crea?o Muscular Efficiency?A Personal Experiment. New York, Nov. 15.?Horace Kiel J cher, advocate of slow mastication ol food, has just been describing lib | system and its effects to the academy of medicine. So tirm a believer is hi j in his system thai he says it is possi ' hie for a man more than 50 years oh | to increase his muscular efficiency j wiMiout systematic physical exercises , lie said that his contention had heel | proved by Iiis own case and by ex I peri incuts in the Yale nina.-ium. Ol ; his :><) the hirlhdya, Mr. Flelcher sait thai he rode 1 DO miles on a bike a.u the next morning ho added more. DOWN ? DOWN ? LUMBER an< building material of all kinds Flooring, coiling and shingles of al grades, sash, doors, blinds, laths roofings, etc. C. H. Cannon wil give the very lowest prices am meet all competition, lie is in fo small profits and large business. CHEAP RATES Via Southern Railway. Jamestowi Tcr-Contennial Exposition, Norfolk Va. On account of (he above oecasioi i the following instructions will gov ern the sale of round trip tickets ti Norfolk, Va. from Nt wherry, S. C. Season ticket?$10.55. This ticke will be sold daily April 10th to am including November vSOth, 11)07, firm date to leave Norflok returning De I ceniber 15th, 1007. 00 day ticket?$10..'50. This ticke will be sold daily April 10th to ailincluding November ,')0th, 1007, finn dale to leave Norfolk returning six ty (00) days from rio'.e of sale am not lated than deecmber 15th, 1007. Fifteen day ticket?$.14,'J0. Thi ticket, iwll lie sold daily April 101 lo and including November 3011: 1007, final date to leavi%Norfolk rc turning fifteen (15) days from dat of sale. f'oacn FiXCusion ticket?$8.55. Thi ticket, is not god in sleeping, Full man. or Fa t ier cars, and will be soh on Tuesday ??f each week during per iod of the exposition, final date t leave Norfolk returning ten (10 I days from date of sale. For routes, stop-overs, etc., writ or call on us. ' (CONl)] } STATE i ! ?C | THE COMMERCIAL BAN: under call of State Bank E i September 17, 1907. RESOI Loans and discounts . Overdrafts Furntiure and fixtures 1 Cash and sight exchange LIABII I Capital Stock Undivided profits (less exper . Dividends (unpaid) Cashier's checks Due Banks J Bills payable ; Individual deposits - J NO. M. KINARD, Pres. J. Y. McFA i 4 Per > Interest Paid in our I 1 | WAN | Our friends to know to our stock : I TENNEY't 8 ; I Tenney's Cream Ca : $ late Almonds* Ken ' nuts, Chocolate Gre | Chocolate, Peanut I lows, Zettes, also 1VU ; S A nice line of 5c. c . i For anything in | Candy, etc., I ... ^ . I Herald and' ' ^s&?&2fflasa??T3^ I MAGAZIN I GREAT w No magazine in the world B can offorci a better program: [ the next novals by Hall M Caine, the most popular j novelist in the world; by Robert \Y. Chambers, the | GREAT SHO D | [ The writers of these will 1 ! include Kdith W'hartoon ' author of '"The House of ' ,j Mirth"; Booth TarkingII ton, author of "Monsieur ! 1 ARTICLES Gf i ? ' Applelon's keeps too * 11 ,11 j closely in touch with events is to foritell our articles far. ) s | But we shall have the best h | by the best. John T. Me3 Cutchcon, America's most !" c .... (j ft popular cartoonist, is writing and illustrating a series for s I George Ade is wilting his j ? own Reminiscences, the || drollest of all his laughler0 ra lifting works. ' ^ | Send your mime and nddrees an ffl D. APPLETON & COMPAN\ V v x \' ' , >. > V. ' SNSED) lMENT )F? K OF NEWBERRY, S. C. Jxaminer at close of -busines JRCES. $406,831 1< 5,653 0: 3,116 9: - - - - 42,172 3< $457,773 5i jITIES. - $ 50,000 0< lses paid) - 49,484 8< 1,030 0i 103 81 858 31 20,000 0i - 336,296 4: $457,773 5i O. B. MAYER, Vice-Pres LL. Cashier Cent. Savings Department. TED! 1 that we have added , a nice line of 3 CANDY, k e C h o c o 1 a t e, C h o c o - ' i Nuts, S a 1 r. e d ^ P e a am Drops, Assorted Brittle, IVIarshme!- ! ickin tosh Toffee, &c. ind 10c. Box C:;ndy, Stationery, Cigars, - ON i THE News Office. J iilfyxin:. mi i nm.SM taaarcf-rt. n ;c. jex t -nrJUJtra -j>!e jt tn.-jivtnj.it I E FOR 1908 ! SERIALS ! i most popular of Amuicau . novelist, and by Klinor M. j L,ane, author of "Nancy Star" ; in other words, three ? splendid $1.50 novels. RT STORIES. j J 15e: "ueaire" ; Myra Kel 1 , IJoyd O* bourne*, Mmroaret Deland?nearly everybody ! worth readiii};-?all 'avislily ill list rated. UY AND GAY i Samuel (?. Hlythe is writing a seri.-s. The (? vciio's of the Mid-Western States ar<; writing for us. There will be humor, seieneo, a<ben.iu?', ! polities, s methine; delightful , and worth v. bile lor every member < 1 the family. You simply eat not afford to miss it, ?'i ly $i.y> a year 15 e\n py. I i v d lcnrn of tl?<? Great Special offer 5 436 Fifth Avenue, New York j smTsmitsassm Statement of the condition Newberry, S. C., Sept. call of State Bank Exami Bills receivable $219,605 64 Overdrafts 5,180 75 Fixtures } Cash 011 hand and due S from other Banks $ 10,193 V2 $238,617 2., Watch 11s grow. We pay 4 per went compounded Semi-annually. J. 1). DavHNI'OKT, GKO. B. ( President. J W. B. W A I.I.AC -? iWSTttW I, !, 0 8 1~To5 The People's 3 Prosper . Paid Up Capital Surplus and Individual Stockholders' Liability f For protection of depo I H. C. Moseley, President. W. W. Wheeler, Cashier. Better a conservative inter* return when wanted, than a hig ? about the principal. A National Bank is a safe De I makes it so. Likewise our Bo of prudent conservative manag< DIREC G. W. Bowers. J. A. C. Kibler. R. L. Luther. ? M. A. Carlisle. ; J. H. Hunter. IJ. P. We allow 4 percent, pe i Department, interest ] | r-c?r M IA 1x<MtaMtmamfctrtacAiMiawuL.'ju.rauir.i .j YOUR B TIE NEWBERRY | Capital $50,000 r No Matter How Small, I! The Newberry will K've it careful at1 I applies to the men and i J AS. MclNTOSH, isJ President. 7i 1? TIib First Cougl $ I A'en though not severe, has u ,r tive membranes of the throat Coughs liien come easy all \vi ^ ^ slightest cold. Cure llie first vl set up an inflaniation in the de J lun^s.. The best remedy b r ':ti SYRIJP. It at once gets rigli j, moves the cau>e. It is free fr o a child as for an adult. 25 cei |f MAYES' DF $ 51 " to & <? '$? <%> % j a L awnw mMtmnmKBMawnwuammwaaMXua j j EVERY ONE DOESN ISome have to dig, j hare But if you will partment and lay up a i 3*1 ings you will boon ha\ j II your own Open an j lEl d^ya s1cp ^ | I Today's prudence i.< t The ionic o< | 9 i#< Pros peri l! 11 ^)r Gr.o. Y. Hunter, Pres't. J a j{ J. F. Browne, Cashier. ? ! I ILpj) mx/tomr or 1 rvio.ru < r-: rrmmnu- v k'll T l of The Exchange Bank of 17th, 1907, in response to iner. Capital stock $50,000 00 Surplus 6,460 74 Cashier's Checks 269 84 Dividends unpaid 87 50 1 Hills payable 75,000 00 Deposits 106,799 15 $238,617 23 cent, interest in our Savings Depart'KOMKR, M. I,. Sl'KAKMAN, Attorney. Cashier. :k, Asst. Cashier. 6991 National Bonk ity, 8. C. - $25,000 00. Profits $6,000 00 3S . , $25,000 00 sitors. M. A. Carlisle, Vice-President Geo. Johnstone, Attorney. sst on your deposit with its safe rate and a feeling of doubt :posit. Government supervision iard of Directors is a guarantee ement. ;tors: W. P. Pugh. Jno. B. Fellers. W. A. Moseley. Geo. Johnstone. H. C. Moseley. Bowers. annum in our Savings ayab 1 e semi-annually. AN KING! Surplus $30,000 No Matter How Large, Savings Bank tention. This message the women aiike. J. E. NORWOOD, Cashier. ><$ *&<(& <t& 1 of tte Season, 1 tendency to irritate the sensi- ^ L and delicate bronchial lubes. ^ liter, every time yon take the ^ cough before it has a chance to ^ )icate capillary air tubes of the ^ ? QUICK RKUKK COlKtll T it at the seat of trouble and re- ^ otn Morphine and is as safe tor ? 1 its at JUG STORE. toutSEnarm iinawxms&xwaAM r^yicwwatmwsc ioiurxai aaai/a | T INHERIT MONEY. I and dig hard, for their ] utilize our Savings De- j . portion of your earn- j fc an "inheritance' of i iccount in this Baik io)\vard. ] > tomorrow's pleasure. f Prospgritu, | ity, B, C\ Sj Dr. J. S. Wheeler. V Pres. J J. A Counts, Asst. Cashr. I HKMMMHMMMHBMB ??cmJ| sxiv HgCTHMawaaagwMiHaBBiaMaBMWBMWMBaMganI