Historical Newspapers of South Carolina

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THE SOUTHERN LIFE EXPLAINS More Light is Shed on the Seminole Deal. News and Courier. Columbia, December 15.-Insur anee Commissioner McMaster this af ternoon received the report of the Southern Life Insurance Company, of Fayetteville. N. C., in regard to the recently discussed transaction by which stock of the Southern Life Company was sold to the Seminole Securities Company, of Columbia, through C. J. Hebert. The report covers several typewritten pages, and a number of exhibits are enclosed re lating to different phases of the transaction, but nothing new is devel oped except the particulars of how the cash, certificates of deposit and notes received by the insurance com pany, were distributed. The report gives a copy of an agree ment entered into on July 15, 1908, between the Southern Life Insurance Company, and C. J. Hebert, by which Hebert was to sell stock of the com pany up to $500,000, less the capitali zation at that time of $165,000, at the rate of not less than $100 for each $50 share, and Hebert was to pay the company $70 per $50 share. In addi tion he was to receive a bonus of $7, 500 in stock on every $100,000 sold. The report goes on to relate how Heb ert made efforts to sell this stock in different States, and sets forth that he went to the expense of employing sales agents, etc., his letters and tele grams in regard t6 all these matters being given. In September,.it is stated, Hebert opened negotiations with the Semin ole Company, and at first made a pro position to the terms of which the Southern Life did not fully agree. But on September 1q, an agreement was made by the Southern Life, through Hebert, with the Seminole Company, by which the Southern Life agreed to sell the Seminole Company $150,000 worth of stocks as follows: One hundred thuosand dollars worth of stock for $200,000, half in cash and the balance on notes ot the Seminole Company, wiih interest at 6 per cent, due one year from date, and secured by the stock of the Southern Life; $50,000 of stock for $125,000, half in cash and balance on same terms as th~e above. The Southern Life also agreed.to give the exclusive1sale of its stoek in the remaining amount of $200,000, to the Seminole, said stock to be sold in two years at a price to vield the Southern Life not less than $150 per $50 share. In the report it is set forth that the Seminole Company, in closing this transaction, paid to C. J. Cooper, gen eral manager of the Southern Life, the following: Cash, $16,464; time de posits, $123,321.72, notes of the Semi nole Company, $162,500, due in one year and secured by the stock of the Southern Life. It is then stated that! Cooper, as general manager, paid to Herbert $7,416,85 in certificates of deposit, and notes of the Seminole Company amounting to $67,300, said notes not being endorsed by the Soun thern Life. It is not stated, however, whether these notes are secured by the stock of the Southern Life, though that might be understood from the above. The report goes on to state that there went into the' treasury of the Southern Life the following: Cash,' $16.464; certificates of deposit, $115, 904.87: Seminole notes, $93,200; a total of $227,568.87. Out of this to tal was paid $42,295.87 for individual stock purchased for the Seminole Company, leaving a net balance of $185.173. representing an increase in capital of .$115,000, and $70,273 in surplus. It is stated very positively t.hat no offices of the Southern Life partici 'pated in any commission in the trans action and that no such thing was ev er contemplated. 3OUGHT AETNA MTTL. purchasing Syndicate is Headed by Smythe and Parker.-Columbianl Will be the General Manag er-Price, $250,000. UTnion. Dec. 16-It is reliably stated that the Aetna Cotton mills have been sold to' a party of South Carolina capitalists.- headed by Lew is W. Parker and Ellison Smythe, of Greenville. Mr. Beattie, general manager of the Olympia Mills, is to have charge of the Aetna Mills, and the plant after being thoroughly overhauled will be gin operations on or about the 1st of January. The price paid is said to have been $250,000. CAUSE FOR ALARM. ss of Appetite or Distress After Eating a Symptom That Should Not be Disregarded. ppetite is just ~a natural desire ood Los of appetite or stom ach distress after eating indicate in- 1 digestion or dyspepsia. Over-eating is < a habit very dangerous to a person's < good gereral health, and insatiable i appetite is a sure symptom of dia- I beteg. It is nat what yon ear but what you digest and assimilate that does you good. Some of the strongest, heaviest and healthiest persons are mod-erate eaters. There is nothing that will create sickness or cause more trouble than a disordered stomach, and many peo ple daily contract serious maladies simply through disregard or abuse of the stomach. We urge everyone in Newberry who is suffering from any stomach de rangement, indigestion or dyspepsia, whether acute or chronic, to try Rex all Dyspapsia Tablets, with the dis tinct understanding that we will re fund their money without question or formality, if after reasonable use of t this medicine, thye are not perfectly satisfied with the results. We rec ommend them to our customers every day, and have yet to hear of anyone who has not been benefitted by them. We honestly believe them to be with out equal. They are made from the prescription of a physician who de- 3 voted all his time to the study and treatment of stomach troubles. They give very prompt relief, neutraliza the gastric jucies, strengthen the disges tive organs, create good digestion and assimilation, naturally regulate the bowels, promote perfect nutrition, and create a pegnanent cure of all un healthy .symtoms. We urge you to try a 25c. box of e Rexall Dyspepsia Tablets, which r gives 15 days treatment. At the end E of that time your money will be re funded to you if you are not satis fied. Of course, in chronic cases length of treatment varies. For such cases, we have two larger sizes, whick sell for 45c. and 89c. Gilder and Weeks, Newberry, S. C. TAX ASSESSMENT FOR 1909. Notice is hereby given that the of fice of County Auditor will be open from the 1st day of January to the 20th day of February, 1909, for the E purpose of receiving returns of tax able property for fiscal year com- 3 mencing January 1st. The following t named places will also be attended as a required by law 1 At Whitmire, Monday, Jan. 11th. 1 At Maybinton, Tuesday, Jan. 12th. 1 At Glymphville, Wednesday, Jan. 13th. At Walton, Thursday, Jan. 14th. i At Pomaria, Friday, Jan. 15th. 2 At Jolly Street, Monday, Jan. 18th. 1 A' Little Mountain, Tuesday, Jan. 'J 19th. At 0O'Neall, Wednesday, Jan. 20th. e A St. Luges, Thursday, Jan. 21st. ? At Prosperity, Friday and Satur- e day, Jan. 22nd and 23rd. ' At Longshore, Monday, Jan. 25th- 1 At Chappells, Tuesday, Jan. 26th. e The law requires a tax on al l mrt- Ii tgages, moneys, and credits, also on I incomes over and above $2500.00 All male citizens between the ages of 21 and 60 years (except those in capable of earning a support) are lia- ~ ble to poll tax. There shall be assessed on each dog a capitation tax of 50 cents. Dogs not returned for taxation are not held to be property of this State. t Be careful to note each transfer of, real estate since last return. W. W. Cromer, Auditor Newberry County. STATE OF SOUTH CAROLINA, I COUNTY OF NEWBERRY. IN COMMON PLEAS COURT. Mary A. Spehl, Plaintiff, Against Theodore H. Spehl, et. al., Defend anys virtue of an order of Court herein, I will sell at public auction at Newberry Court House, S. C., within the legal hours of sale, on salesday in January. 1909, towit, on Monday, , Jan. 4th, all that tract, parcel or lot jI of land lying and being situate In i the county of Newberry and State afaresaid, about o'ne and one-fourth It miles east of the Town of Newberry, 1 S. C., formerly known as the Home t Place of Theodore Spehl, now de eeased, containing five and two-thirds ( acre>. more or less. and bounded by< the continuation of Main street on he niorthwest, by the continuation of Bonndarv street on the southeast, by street of the northeast, by lots of Nat Gist, R. C. May bin and Mrs. Hattie Bradley on the southwest, being the greater portion of that tract of seven and one-half (7 1-2) acres conveyed by Frances K E. Johnstone to Theodore Spehi. as shown by deed which n recorded in i De'd Book No. 4. page 392. Terms of sale: One half eash and E one half on a credit of twelve months, wih nterest from the day of sale at a he rate of S per cent per annum, 'redit portion to be secured by note >f the purchaser and mortgage of the i wemises sold, with an insurance po icy of the dwelling assigned to the naster; with leave to each purehaser -o anticipite the credit portion in Vhole orin part; purchaser to pay .or papeirs, recording of mortgaze nd for insurance policy. The above five and two-thirds acres vill be sold in two or more lots, plats f which will be exhibited on the day f sale. H. H. Rikard, Master. Master's Office, Dec. 9, 1908. Lhe News and Courier and The Herald and News. Beginning with February 1, 1909, he combination price of The Herald nd News with the Charleston Week y News and Courier will be raised to wo dollars and twenty-five cents a ear. Two months remain in which I tew and old subscribers may take ad antage of this splendid combination! t the present price, two dollars. Send n vour orders now. Think of it a ittle. For the small price of $2.25 rou get your own county paper wice a week and a twice a week news aper that covers the news of the vhole world both for one full year. >ublished every Wednesday and Sat Lrday, each issue of the The Weekly ;ews and Courier contains all the tews of importance, not only of the Lay of publication, but of all inter ening days. The cream of the Asso iated Press News-the greatest ews-gathering agency in the world nd all important happenings in ;outh Carolina are given, as well as triking e'ditorial articles and stories f one kind and another. It has. de artments for men, women and chil 'ren. It it a clean newspaper. and it 5 a home newspaper. ;TATE OF SOUTH CAROLINA, * COUNTY OF NEWBERRY. In Court of Common Pleas. P. N. Boozer, Plaintiff, Ag-ainst Grace Goodman, Ira Tribble and lula Goodman, Defendant.3. By an order of the Court herein I ill sell to the highes;t bidder before he Court H"use at N:wberry S. .'., vithin the legal boi':s of sate, on onday, salesdayv, January the 4th, 909, all that traet of ia id lying and eing situate in. Newhberiy County, ~tate of South CJar:Mina, containing ne hundred and ten (110) aeies,. aore less, and ',ounded by lands of L. A. Madden, Betty Goodlwin. M. E. oore and other lands of Mary E. ribble. Terms of Sale. :One-third (1-3) ash and the bain 4 on a credit of ne and two years, the credit portion f the purehase money to be securedT 'ya bond of the purchaser and a 2rtgage of the premises sold. i'ur haser shall have the privilige of pay rig all cash. Purchaser to pay for apers and recording same. H. H. Rikard, Master. J ~TATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY. Court of Common Pleas. Laura C. Nichols as administratrix f Benjamin F. Nichols, deceased, and ndividually, Luke M. Nickols, W. {ampton and Willie E. Nichols, 4 laintiffs, 4 Against. Daisy P. Hawkins, Bessie D. Lake, The Prosperity Stock Company. The ank of Prosperity, Geo. E. Hawkips4 .nd A. Hayne Hawkins, as partners,4 oing business under the firm name4 Lnd style of Hawkins Brothers, De endants. By an order of the court herein I4 rill sell to the highest bidder befora he Court House at Newberry, S. C., rithin the legal ho'irs, on salesday in anuary, 1909, same being 4th day of aid month, the one-third. (1-3) inter st in all that tract of land lying and . eing situate in the County of New perry, State aforesaid, containing six eres, more or less, better known as he mill tract. including the building, nachinerv and other mill fixtures hereon. said interest belonging to th-a state of Benjamin F. Nichols. de eased. and bounded by the two hun Ired and twelve acre tract of the state of B. F. Nichols, lands of N. E. alor, J. W. Boozar, and Wicker. Terms of sale cash. Purchaser to pay for papers. H. H. Rikard. Master. At the same time and place we will el the other (2-.3) two-thtirds inter *st in ;aid mill trar-t. build in;r. ma 'hinerv' :mdn mill fixtures aibove 2. eribe:l. Terms of sale rash. Puehs r to pay for papers. N. E. Tavlor. .Ts. W. Boozer. OF MIND 4YTHING NSURANGE isn't trs and cents. When >licy, you relieve your bought TION and you feel the solid And -;see how little it ADAY >use for $1,000. The among the best. RTON N T AY BILLS 4ESE DAYS s know this. nt with this minmate any using'your vish. . .U will be wel BANK ry, S. C. M. L. SPEARMAN, Cashier. of the Season, nddelicat bochl itube r, every time you take the I gh before It has aehiance to * UIK RELIE COG t the scat of tr"uble and gre Morphine and is as afe forS JG STORE.S )LKS Stoacsreg h an iori ive. Io7 For Liver Ils BOX. -amne sn. Newberry. S. . Newberrg Hardware Compang C:3 C) C OW CD C0 oFWBFj HADWR OMPNY IS PEACE WORTH Al 2 This question of FIRE I entirely a matter of doll you buy an insurance pc mind of worry. You have >=PROTEI for yourself or your family rock beneath your feet. cost you. From half to 5 CENTS is all it cost to insure a hi Companies I represent are J.A. BU EN POEPLE P, ITH CASH TI 'Our customer A check accot Bank will elli difficulties of funds as you i Your business corned. . . . [IHE EXCHANGE of Newber D. DAVENPORT, President. IThe First Gogb } Rveti though not severe, has a te p ive mzembraes of the throat a Coughs then come easy all winte set up in Infa ition in the deJi plungs. The best remedy is ( SYRUP. It at once gets right a UoYes the cause. It is free fromz a ?chiMdUasfaidult. 25 cenlts MAYES' DRL snam out of their onts; need htt e and Bowels in good order; need it for th Let "NATURE'S REMEDY give saisfaction.e or the purchase price r Better Than PiIlk .........GE7 A 25d~ William E. Peiham &