Historical Newspapers of South Carolina

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STATE FINANCES COMMENTED UPC IN THE ANNUAL REPORT ( COMPTROLLER GENERAL Says His Office Has Accomplished Great Deal with the $1,000 An nual Appropriation. The State, 28th. One of the most interesting amn-i reports to be sent to the general sembly is that of Comptroller Gf eral Jones. Extracts from the rep< were sent in yesterday. There are p4mber of recommendations e braod i4 t report. Aecording to tip report, the to moUnt avAlab,8e for oinary penses for the year 1910 is $1210,5 It is pointed out that the estimat expenses for the government will $100,000 more than last year. The report is an indictment of I inequalities existing in the nfor ment of the tax laws, and the con troller general gives some highly teresting data along this ;line, sho ing alleged "gross inequalities.'" "I feel it my duty, - says I comptroller general, 'to again e your atten.tion to the confusion, equalities and unlawful exemiptions the assessment of shares in the bar ing corporations brought about county auditors, eoniity boaids equalization ignoring or setting asi the assessment laws; the -violation banking laws of this State by'soi of the banks in their investmen and illegal exemptions allowed ban in the assessment of their shares i taxation. It is stated in the report that t operation under the corporation censes tax act of 1904, amend< 1905, has been uniform and satisf, tory and there has been little fr tion in the adminItration of t1 law. The license fees during t past year amounted to $89,5?2.85. As to Delinquents. '"I renew the recommendation says the comptroller general, "ma in my report for 1907: The penal for non payment of taxes of 1 I -eent. for January, 1 per cent. I -February and 5 per cent. to 15th March, entafls unnecessary work. eounty auditors, and the penalty 1 ing nominal, it becomes an incenti to taxpayers to defer the payment *tdaxes. I recommenid that a total pe alty of 4per cent. be added to all ]inquent taxes January 1, and t the time for the payment of tas and penalty expire March 1, a that exeontion be i'ssued immedia1 ly after, Ihat idate.'' The comptroller general is of t opinion that if the income tax w~ enforced between $50,000and$75,0 'would be realized. "I desire to s that the counity auditors of Sparta burg, Charleston and Rich.land, wi those in some of the other counti ~have made earnest efforts to enfor this law." The State Debt. As to refunidig the public debt the State, the report says: "The .total State debt, as appea by the State treasurer's report, *approximately $6,526,885.41, of whi $5,613,781.69 is in 4 1-2 per ee2 Brown Consol bonds and stocks. 1913 the State can exercise its rig to refund the B..own Consol bon and stoeks. "The sinking fund has now 'band, which could be applied to sa debt, $780,000. The amount whi< will probably be on hand July, 19] will be $900,000, which will ;redu the State debt by that amount. T believe that the balance of t Brown Consol debt can be refund at 3 1-2 per cent. In refundiing ti debt, the bonds should be made no taxable, but exemption of corpor tions investing in such bonds shou mot be exempt from taq:ation on t amounts so investedfare it simr srhifts the taxes so exem ted on t people.'' Shortages Reported On. As to special investigations, the port says: "With the special appropriati placed at my disposal at the last s, sion, I have had special investis tions made in .the c.ounties of Eds field, Fairfield, Georgetown a Hampton. Edgefield County. "I had the investigation of -t treasurer's aceounts commenced di ing the fiscal year of 1908 complet in 1909. This investigation confirm that of the previous year. T amount due by ex-County Treasur Pattison has not yet been paid os to his successor. The matter is n< inl process of adjustment. Fairfield County. "I had a thorough examinati made into the accounts of the coun treasurer of Fairfield county. Ma: errs some of them serious, we discovered and corrected. At the conclusion of the investigation the county treasurer produeed evidence showing that he had fuinds sufficient to his credit in -the bank, together OF with his cash on hand, to meet his liabilities to the State and county. A full report is given on the 'ex a amination of the -conditon of the ae Pcounts of James F. Detyens, of 'Georgetown. This case was report ed to Governor Ansel. The Lang ford shortage in Hampton county is tal reviewed, also the inivestigation of Ms- the county treasurer's office in Spar '7- tanburg. wrt The following conclusions as to in a vestigations axe reached by the comp m- troller general: ''It is matter of gratifieation to al me that in those cases where inves Ix- tigations by this office have shown , sa tages on the part of officers, and ed the sureties thawe zubsequently inves be tigated tho matter, they have invari ably confrmed the results of the in he vestigation reached by this office. It x- is not a pleasant duty to discover and tp- report defaults on the part of the in- officers, bat it is a duty prescribed w- by law, and can more effleiently be performed under the direction of this he office than by independent investiga all tions made by persons unfamiliar i- with our tax laws and methods of in county adm tration. Lk- 'The cost of these investigations is by comparatively smad1, when compared of with the good accomplished, not only de in discovering shortages amd leadiag of to the recovery of misappropriatel ne funds, but even more so in the pre ts, vention of the occurrenees of short ks ages and mistakes on the part ' of or county officers. Carelessness, Etc. he "Irregularities and shortages oe li- cur not because if defeet in the sys tem of bookkeeping prescribed for xe- county officers,/ but, on account of le. their carelessness and negligence -aid is in some cases where shortages have he been discovered, the officer respoasi ble has omitted to keep any intelfi.l gible record of funds received and " disbursed by him, it would seem for de- the very purpose of affording an op ty portunity for him to make mistaked' er as -to what funds he actually has on or hand for the county. of "With the system of bookkeeping on alr'eady prescribed, competent offi e eis, using ordinary 'eare, can avoid ye these mistakes. Frequent and sys. of 1tematie investigations of their ac a. counts will; tenid to make them care to. ful and to keep their accounts and at offiees in proper order. :es ''I would ask that your honorable ad body increase the appropriation .at c-my disposal for such investigations to the sum of $3,000. This will give he better results than double the amount a s pent in special investigations of 00 such offices by independent anid tern y porary commis.ons. n- "'From $15,000 to $18,000 have th ~been spent by the, counties in inves es 'tigations by special legislative comn ce mittees or grand juries during the -last two or three years, as against the annual appropriation of $1,000 of for investigations under the direction of this office. A comparison of 'the rs results achieved is decidedly favor is able to investigations made under eh the supervisionr of the tax depart it. mnent. [n ''In the county of RicMand $1,000 ht' was spent during 'the last year for ds an examination of the a,uditor's, treasurer's and supervisor's offices. mn The result was a fine exhibition of id bookkeeping, bu't not much else of sh value. Yet this amount was the same .3, as that placed at mb disposal to ex ce amine the county officers' books in e 42 counties of the State.. hs 'lHence, I earnestly ask the~ above ed increase of your appropriation for dIs this- parpose.'' a- STATE OF SOUTH CAROLINA, id County of Newberry. hCourt of Common Pleas. ly The gank of Prosperity, Plaintiff, he Against E. A. Hen'tz, J. J. Hentz, M. C. Kis er Company and G. B. Bunadrick, e- Defendants. By virtue of an order of Court Oin the above entitled case, I will ~ sell before the court house of New a- berry, S. C., on the first Monday in ~e- February, the same being the 7th nd day of the month, within the legal hours of sale, all the interest of E. A. Hentz and J. J. Hentz in that he tract, piece or parcel of land lying Sand being situate in the county ed and state aforesaid, in No. 11 town he ship im the Town of Pomaria, S. IC., hecontaining thirty feetiby eigby~-eight er feet, bounded on the south by Hol er loway street, on the north by Victo ria street. on the east by Lot No. 2 and on the west by lot of C. H Counts, this being the samne lot con on veyed from E. A. Hentz to W. W ty Hentz and J. J. Hentz and recorded ain Book 14, 'i't page 459, in the office t0 eop 4 od'Ta1yOi ers.6Ths ar y ks Orm Sylresed pot toes reln arhig paned n inbleqai qus,anitis ea ' yea bte laresof the most prftable and reliable of early-cropping potatoes. We are headquarters for the best Mine-gron Seed Northern-gron Potatoes .Wood's 30th Annual Seed Book gives full descriptions and information, with the h~hs tes timonials from success growers as to the superiority of Wood's Seed Potatoes. Write for p rices and Wood's Seed Book, which will be mailed free on rdqjuest. T. W. WOOD & SONS, Sedsmen, - Richmond, Va. for said county. Terms of Sale: The purchaser will be required to pay one half cash and the balance in twelve months from the day of sale, the credit por tion to be secured by the bond of the purchaser and a mortgage of the premises sold, said bond to provide for interest from day of sale at eight per cen.t. per annum and- that the buildings on the said lot be insured i from loss or damage by fire and the policy of insurance assigned to. the Master .as additional collateral. Purchaser to pay for papers and 3 for recording same, H. H. Rikard, Master Newberry Co., . Jan. 12, 1910. At the same time and place, and ont same terms, I will sell the interest of Hentz Bros. in above described I (brick store house and lot) property t located in Pomaria, S. C., and make e deed therefor at same time with the a IMaster of Newberry County. ,Lambert W. Jones, Trustee of Hlentz Bros., Bankrupt. A few mintes delay in .treating some cases of croup, even the leagth ~ of time it tak~es to go for a doctor t often proves ~dangerous. The safest ft way is to keep Chiamberlain 's Cough 11 Remedy in the house, and at the first indication of croup give the! child a dose. Pleasant to take and always cures. Sold by W. E. Pel ham & RSQLl REPO The Newberry NEWBER At the Close of the Busi Condensed From Repor RESOURCES. .oans and discounts $269,495.25 urniture and Fixtures 2,275.00 )verdrafts secured and unse cured 1,758.60 3onds and Stocks 680.00 ,ash and due from Banks 59,437.65 $333,646.50 40[ Paid On Se AMES MCINTOSH, President. Bargains! Bargains!! While They Last. A limited number of slightly used $95 High Grade Organs for only $58 50. These organs appear near v new and are warranted to last a-long lifetime. Terms'of sale given on ap plication. Write for catalog stating terms desired This is an opportu nity of a life time to possess a fineor gan at about cost. Answer quick, for If such bargains don't last long Address: Malone's Music House, Columbia, S. C. Pianos and Organs. Pure~ Blood ~wn Means T Strengt ( Vl1~My s - look:i ''tineli SdispLe atSpmg * MoodReinedgU aside MATES, |M Drug Store 5 Ne....berry, S~ C ____. People sometimes ask us: "How 1ay I nwwe ybodis bad?" ou may have rough or scaly skin -a sign ,of coming skin disease. ,ittle wounds, scratches, cuts or urns, do not heal up quickly, as [hey should. Now Nyal's Hot Springs Blood ing, to make the blood right, to We are 1: nrich it, cleanse it, strengthen it, nd it does it. Good blood means greatest: 'ood health, nine times in ten, and pepeii yal's Hot Springs Blood Remedy akes good blood, rich, red blood. OUR We do not recommend patent LARGE edicines, but this is not a patent edicine, it is a scientific remedy same car >r the blood, and we know what :will (do.T h layes' Drug Store, N ewberry, S. C. RT OF Savings B RY,1 S. C. ness November 16,19 t to State Bank Examiner LIABILITIES Capital $ 50 Undivided Profits 2 Deposits 250 Notes\and Bills Re4iscount ed 6 vings Deposits . E. NORWOOD, Cashier. ALENTINES! ou are looking for some that is beautiful and upm te in VALENTINES, you, to come to EIE BOOK STORE tock is worth your time to~ it over. I have a Valen. :o suit every one, in quality~ n. price. They are now on y. Come and look them and if you see anything suits you can have it put My prices run from ic. ay es' Book nki Witht a Policy , Deposits January lst, 1910 $.160,000.00 ,Conservatism & Servi repared, ready and willing to renden the possible service to the greatest number of Sthe greatest number of ways. FACILITIES ARE AMPLE AND SMALL AMOUNTS receive th eful attention. Exchange Ba [ewest Bank in Newberry S. C