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A FINE COMPANY. Xayer, McSwain, lVerts, ^IcCangrhrin, of the Newberry Insurance and Realty Company. The April number of the Bulletin, a publication of the South Atlantic Life Insurance company, has the following interesting announcement as one of tlie "most important items of news from the field standpoint": 4 "The two most important items of news from the field standpoint are the appointment of the Security Loan and Investment company as general agents at Newberry, South Carolina, and J. C. Kaufman as district agent at Portsmouth. Mr. Kaufman has for years represented the Mutual Benefit of Newark, hut has come to the conclusion that the South Atlantic is the company for him to represent, and he brings with ihim many of his former agents, including Messrs. Max Goldblatt, H. M. Myers, B. H. Congleton, S. E. Buxton, ft T or* v. j?. X J iUi ? Mr. Kaufman has a wonderful record as a personal producer, having- led the Mutual Benefit agents in the United States for the first two months of 1912, as well as an organizer and leader of men, two qualities that are rarely found in the same person. Manager Swink deserves to be doubly congratulated for this achievement. Swink is accustomed to doing big things, Kaufman and his co-workers will be found t well up on the leaders' list each month. "The Security Loan and Investment company, at Newberry, South Carolina, > "will represent the South Atlantic as general agents for the western portion of South Carolina- With F. J. Parham at Columbia and the Security [Loan and Investment company, we now have an organization in South Carolina which we believe to be second to none. W. A. McSwain is vice president and manager of the insurance department To his lot will fall the work of organizing the agency, in | which he will be most ably assisted by Mr. R. M. Werts, special agent Dr. O. B. Mayer is president of the corIX)ration, and Mr. J. N. McCaughrin is the secretary and treasurer. These igentlemen each take an active interest in the business of the company and are indispensable in their various positions. In addition to this, the Security k Loan and Investment company has as directors the most- prominent business men in their section, and they are directors who direct. Before we were able to make this contract the whole matter had to be discussed, not only with the above named officers, but before the board of directors. To Dr. J. H. Smith alone belongs the credit for this appointment There is going to be a close race in South Carolina between Parham and McSwain." PRESIDENT'S TRIBUTE TO FRIEND. Praise of Major Butt Touehes Hearts of Georgians. i ? Augusta, Ga., May 2.?When Presi dent Taft left Augusta at 3.50 o'clock t this afternoon a special train scheduled to run through to Washington, it "was after he had touched the hearts of the people of this part of Georgia as h^ perhaps has never those of any other part of the country. His visit was more in the nature of a friend, come to pay a tribute to the memory of a friend on the occasion of the city's memorial to Major Archibald Willingham Butt, than in the outward * , demeanor of his official position, and that suppressed emotion which was visible to his audience as he delivered a personal tribute to Major Butt, has deeply touched the people here. After the memorial ceremonies at the opera house, a brief informal recption was held at the Commercial club, when a number of the president's f t*i on rl c -marlzx Hiir-incr nmvinilc visitR Ai iVliUW) *11 U>V*V yA V AV MM * -~- ?? to the city, met him again. During the ** early afternoon, until his train time, the president was entertained at the * home of Mr. Landon Thomas, on the Hill. Major Butt's Old Home. Augusta was Major Butt's homeapd for several hours today business was practically suspended, while memorial services were conducted in the grand opera house. Flags were at half-mast on most of the public buildings and thousands of persons crowded around L ' the opera house anxious to hear President Taft speak. > Other speakers on tie program were Major Joseph B. Cummings, of Augusta, and the Rt Rev. Thomas F. Gailor, bishop of Tennessee. President Taft reached Augusta at 8 o'clock this morning. He was a breakfast guest of Mayor Barrett. Af, ter a reception at the Commercial club I this afternoon he leaves for Washing> * ton, where he is due early tomorrow. The President Touched. The president was visibly affected by the tributes paid to Major Butt. There were tears in his eyes as lie called up memories of- the man who was his aide ever since he entered the White House and who had travelled thousands of miles with him. Mr. Taft made only a short speech : but he came near breaking down twice. i "X'wp.r did T Vnnw Virvw miif>h ho wac to me until he was dead," said the president "lacking nothing of selfrespect and giving up nothing he owed j to himself, he conducted himself with | a singleness of purpose and to the hap1 piness and comfort of the president ; who was his chief. To many fine qual[ ities he added loyalty and when he bej came one of my family he was as a son j ! or a brother." Great Love for Mother. Mr. Taft told how he met Major j Butt, first in the Philippines and lat- ; ! er as aide to President Pcoosevelt. He dwelt on Major Butt's devotion to Mr. j Roosevelt and himself. "It has always seemed to me," said i 1 the president, "that Archie never mar! ried because he loved his mother so. I ! The greatest sorrow of his life was when she left him." Mr. Taft concluded with a word more as to Major Butt's spirit of self-sacrifice. "Self-sacrifice," he said, "had bej come a part of his nature. If Archie i could have selected his time to die, he would have taken the one God gave him." GLORIOUS DAY FOR WISTHROP. Corner-Stone of >'ew Training School Building Laid, With Impressive Masonic Ceremonies. Rock Hill, May 3.?This has been j a glorious day for Winthrop college j and Rock Hill, and as evidenced by j the many visitors, for South Carolinai I as well, the institution today celebrat- j I ing in ample form her twenty-fifth anj niversary, and laying the corner stone of her magnificent new Training School for Teachers. Everything combined to make the occasion an auspicious one. After the assembly in the auditorium of the college, and the roll call of delegates, the guests and students repaired to the front of the main building to await, the arrival of the Masons who were to conduct the ceremonies of laying the corner-stone of luie .magnincent Teacners' Training School building. In double line and forming a wide lane extending from the gravel entrance of the college to the corner of the new building were stationed the seven hundred and fifty Winthrop girls, and never in the 'history of the State has the most Worshipful Grand lodge of South Carolina had the privilege of parading a more beautiful avenue than this. Line of March. HP n r\ -mr? ?aVi a/1 ~ ? I Jl. |/1 V/^CSOlUll UldlVUCU ctb iU i 1U \V b . | Marshals: The Masonic order, the grand master and president of Winthrop, the trustees of Winthrop, the delegates and specially invited guests, the faculty of Winthrop, the alumnae of Winthrop. The Rev. Alexander Martin, of the Presbyterian church made the invocation and was followed by President Johnson, who read a statement covering the development of the institution irom its beginning in the Preston stable in Columbia with two teachers, to the present spacious campus of fiftyeight acres and a group of buildings costing almost one million dollars. Of this the State of South Carolina contributed something over four hundred thousand. Dr. Johnson did not so State, but the remainder pas raised by his efforts, of which he is and should be, intensely proud. 9 vurutrr-siuiie ceremonies. The corner-stone ceremonies were then conducted by Most Worshipful Grand Master Geo. S. Mawer. BLEASE WILL GO OS STRIP FOR 2 CEST MILEAGE RATE Governor Blease stated that he will go on the stump this summer with his inaugural address and recent statements in which he advocated the pas| sage of a flat two-cent rate mileage ; bill and with his opposition to the 1 Carlisle bill, made a law by the rejcent legisature and compare these with the order of the railroads in which the roads announce that they will issue mileage after May 1 for two ppntfi. 2Ywr? nnlv -nrifhiTi +Vi^ ~ ^ . ~"*.7 ?utaic ctnu ; not interchangeable between roads and that interchangeable mileage "will not be good in this State, not even for an interstate journey, part of which is in this State. On the foot of the new "mileage" act Governor Blease wrote the follow:ing: "This act will not accomplish the good results that a flat rate of two cents (if passed) would have. I shall not disapprove this act, but am afraid ' it will be of little benefit. C. L. B." Governor Blease in his inaugural address advocated a two-cent flat rate ^"and today lie says he will quote on the stump his several predictions and show that the roads have benefited f f i by tie "mileage" law. I The thing now to be done by the legislature, as pointed out by Governor Blease today and Senator Carlisle re! cently, is to pass next year a flat two i cent rate bill. AIKEN IS FOR UNDERWOOD. I Three South Carolina Congressmen Now Favor Alabamian for Nomination. Washington, May 3.?Representative | Aiken, of the Third South Carolina dis- > trict, said today that while he had ori- j ginally been in favor of Harmon as j the Democratic nominee for president j he had been for Congressman Underwood ever since the latter's candidacy had* been definitely announced. Mr.j Aiken believes that Underwood would . carrv South Carolina if a preferential: primary were held in the State. Two other members of the South Carolina delegation in the house are also favor- j able to the candidacy of Underwood. j The growth of Underwood sentiment j in the Virginia delegation is likewise! noteworthy, though Virginia's delegates will go to Baltimore uninstruct- | ed. K. F. M. ! ?? ^WSP> RURAL CARRIER'S SALARIES. Representative Finley Protects Their Interests Under ?vt Parcels Post Clause. ??? * Washington, May 3.?Just before the house of representatives passed the postoffice appropriation bill a few days ago, it adopted an amendment offered bv Mr. Pinlev. of the Fifth! South Carolina district, who is the ranking member of the postoffice committee, providing that in the new scale , of pay for rural carriers in connection with the installation of the limited parcels post established by the measure, no carrier should receive less pay than he receives noir. This amendment was proposed and j auupiea uecause it naa Deen iouna i that the new scale, while intended to increase the pay of the rural carriers generally and actually doing so in most cases, would have resulted in decreased compensation in a small percentage of instances. Mr. Finley fathered in committee the proposition that any provision for a parcels post, increasing the work of the rural carriers, should he accompanied by an increase in their pay. As predicted in this correspondence, 'the provision for a commission to investigate the advisability and method of installing a gener~" parcels post system was adopted, with an amendment requiring the commission to report to the present congress at its next session. HAD ELEYES CESTS; SOW RICH. Farm Hand Inherits $25,000 for Res- j cuing Little Girls. Marion, Ind., May 3.?At work on a farm, and with only eleven cents in j his pockets, William H. Prickett today j was told that he had inherited $25,000 ; from Frank Horch, a ranch owner of I Pocatello, I<iaho, .for having rescued Horch's two daughters from their burning home several years ago. Prickett, then a circus bill poster, risked his life by running into the blazing house and carrying the girls to safety. Horch's brother, J. H. Horch, came here to notify Prickett of the bequest KE3IBERT QUITS OLD CLUB. Blease Leader in Columbia Joins Mill Club. Columbia, May 2.?George R. Rembert, who was on last Saturday night left off the list of delegates to the Richland county convention from Ward 1, in which he is a resident and in which club he was enrolled, is now enrolled in Ward 5 club, his name having been put on that club roll since the action of Ward 1 club in leaving him out of the list of delegates. While T"i r\ cfoto m mi .+ V> o ^ "h onn iccnorl olnno* i ; no xicco ut/Vii loouuu uiuiiw, this line, it is presumed that Mr. Rembcrt will be in the county convention as a delegate from Ward 5, and this action foreshadows a fight in the Richland county convention between the friends and opponents of Governor Blease, for Mr. Rembert is the recognized Blease leader in this county, and the action of the Ward 1 club in leaving him out of the list of delegates is conceded to have been the work of the opponents of the governor. RHAME CASE IX COURT. Right of Governor to Remove From Office Contested. Columbia, May 3.?Arguments in the quo warranto proceedings brought by Attorney General Lyon to oust B. J. Rhame from the office of State bank examiner were heard today in the supreme court, Mr. Rhame being repre sented by \Y. F. Stevenson and H. W. Fraser, whom Governor Elease appointed bank examiner after he removed Mr. Rhame, being represented by B. L. Abney and G. R. Rembert. Attorney General Lyon was present in the court, but took no part in the proceedings, Messrs. Abney and Rembert representing Governor Blease's side, and Mr. Stevenson handling the side of Mr. Rhame. It was a pretty legal argument between some of the best lawyers in the State, and many lawyers were present and listened to the speeches of opposing counsel. When the supreme court renders its decision in this case it will decide who is the legal bank examiner, and also decide the right of the governor to re move the bank examiner, all of which was brought about by the governor's removal of B. J. Rhame from the office of State bank examiner following the publication in the News and Courier of the story of the Lexington Savings bank, now in the hands of a receiver. Judge Thos. S. Sease was appointed by Gov. Blease to sit in this case in place of Associate Justice Fraser, disqualified on account of relationship to Mr. H. W. Fraser. AID SOUGHT FOB INDIANS. Washington Post In South Carolina is the earliest civ ilized tribe of Indians in the United States, and they are not the wards of the government. These are the Catawbas, and they number approximately 100. State Senator W. H. Stewart, of South Carolina, is in Washington to confer with the congressional delegation of that State with the view of having these Indians placed on the same basis as all other red men, and it is probable that a bill will shortly be introduced to this end. "It is strange, perhaps, that the Catawba Indians, who have been wards of the State of South Carolina for many years should never have received any recognition irom uie nauonai government," said Senator Stewart, "but it is a fact, nevertheless. The Catawbas are the only American Indians, so far a? my knowledge goes, that have always been friends of the white man. They never took the blood of a white man, and during all the early struggles of the whites against the Indians the Catawbas remained true. They were in what is now South Carolina when the first whites reached that territory, and they have remained there. "For a long time the Cherokees oc cupied the same territory, and there was continual strife between the two tribes, for the Cherokees were among the most bloodthirsty tribes on this continent. In all the struggles the Catawbas took sides with the settlers against the Cherokees. The latter Indians massacred many of the settlers in South Carolina. "The State government, after having taken care of these Indians for so many years, now is seeking to have the national government make provision for them, so that they can, in common with other Indians, have lands allotted to them and become American citizens, which is ohly just and fair." NOTICE OF FINAL SETTLEMENT. Notice is hereby given that the undersigned will make a final settlement 4-U _ - ? Hf m ui iue trstdLw ui m. JL. ueucctacu, in the Probate Court of Newberry County, on May 15, 1912, at 11 o'clock a. m., and will thereafter apply for letters dismissory. All persons indebted to the said estate will make immediate payment, and all persons holding claims against said estate will file the same, proved according to law, with the undersigned or his attorney, Eugene IS. Blease, Newberry, S. C. T. L. B. Epps, and Testament of M. T. Epps, deceased. STATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY. Court of Common Pleas. C. E. Stephenson, Plaintiff, against Mary J. Mabry, Harry Mabry and John M. Kinard, Defendants. By an order of the Court herein, I will sell to the highest bidder, before the Court House at Newberry, S. C., within the legal hours of sale, on M/vnrloir "Woirfi 1Q19 nil t.Tlnf Inf. iUVUUUJ , AUUJ \fy AVJkM) ? -- -J <c or parcel of land situate in the town of Newberry, County of Newberry, State of South Carolina, known and designated as Lot No. 8 of Block "B" on a plat of the Hallman property, made by F. W. Higgins, surveyor, and now on record in the office of the Clerk of Court for Newberry County in Book "D," at page 411; said lot fronts a ten-foot alley fifty (50) feet and runs back therefrom one hundred and fifteen (115) feet, being rectangular in shape and bounded by said alley and lots Xos. 4, 5, 6 and 7 of Block "B." Same being the lot conveyed to Young Mabry by TV. K. Sligh by deed dated November 7, 1908, and recorded in the Clerk's office for Newi ; berry County in Deed Book No. 17, [ :at page 190. Terms of sale: One-third cash and i ; the balance on a credit of twelve 'months; the credit portion to be se; cured by a bond of the purchaser and 1 a mortgage of the premises, with ini terest from the day of sale at the rate; of 8 per cent, per annum, payable annually, and providing for insurance on the house on said lot and assignI ment of the policy to the Master as additional security, and providing also for 10 per cent attorney's fees in case of collection or suit by an attorney. Purchaser may pay all his bid in cash, if he so desires. Purchaser to pay for papers and recording of same. H. H. RIKARD, Master for Newberry County, S. C. i >0TICE. A meeting of the stockholders of the ] Glenn-Lowry Manufacturing Company j is hereby called to be held at the company s omce at vvnitmire, S. C., at 10 o'clock in the forenoon on the 17th day of May, 1912, to consider and act upon the following resolutions of the directors of said company, viz: Whereas, it is deemed desirable that the capital stock of the Glenn-Lowry Manufacturing Company be increased by the issue of twenty-five hundred shares of preferred stock of the par value of one hundred dollars a share, with the same preferences, liabilities and conditions now attaching to the ontstandiTie nrp-fp-rrAri stock of the company, except as modified in the following resolutions; said modifications to also apply to the outstanding preferred stock of the company; and whereas it is further deemed desirable that the capital stock of said GlennLowry Manufacturing Company be also increased by the issue of five thousand shares of preferred stock to be known and designated as Guaranteed First Preferred Stock of the par value of one hundred dollars a share, with 4 the preferences, liabilities and conditions hereinafter set out in the following: resolutions: therefore 1. Be it resolved by the directors of the Glenn-Lowry Manufacturing Company, That the capital stock of the par value of one# hundred dollars a share; said capital stock to consist of three classes, viz: Five thousand shares to be known as Common Stock;, ten thousand shares to be known, as Preferred Stock; and five thousand shares to be known as Guaranteed first Jfreierreu shock. 2. Be it further resolved, that, subject to the prior rights of the holders of the Guarantee First Preferred Stock herinafter set out, the Preferred Stock shall have a preference over Common St^ . both as to assets in case of final liquidation and as to cumulative dividends, out of the net earnings-to the extent of seven per cent, per annum, payable semi-annually; the Common Stock to be entitled to a like dividend payable semi-an nually, but not cumulative, out of the net earnings after the payment of dividends on the Guaranteed First Preferred Stock and Preferred Stock? the dates for the payment of dividends to be the first day of January and the first day of July of each year. 3. Be it further resolved, That, subject to the prior rights of the holders of Guaranteed First Preferred Stock, the two thousand shares of Preferred Stock first issued shall be i redeemable at the option of the Com- j pany at any time by lot after the first j day of January, 1910; that the one j thousand shares of Preferred Stock j next issued shall be redeemable in ' like manner at any time after the firs: day of January, 1915; that the fortyfive hundred shares of Preferred Stock next issued shall be redeemable in like manner at any time after the first day of January, 1920; and that the twentyfive hundred shares of Preferred Stock: to be issued under these resolutions shall be redeemable in like maimer at _ju. iV. -C?V,,, any lime arier uie mtsi uay uauuary, 1925. All surplus profits, after paying dividends, shall be appropriated as follows: On and after the first day of January, 1910, sixty per cent, thereof to the purchase of Preferred Stock selected by lot, and the remaining forty per cent to go to the surplus fund; the Preferred Stock so purchased to be held by the Treasurer of the Company until all of the said Prefer"has hppn -rvnr phased and then issued to the holders of Common Stock as Common Stock pro rata; provided, however, that the two thousand shares of Preferred Stock first issued shall be first redeemed and reissued as Common Stock to the holders of Common Stock next issued shall be redeemed the one thousand shares of Preferred Stock next issued shall be redemed 1 | and reissued as Common Stock to the ! holders of Common Stock pro rata, before the Preferred Stock issued later is so redeemed and reissued; providj ed, further, that the forty-five hundred , shares of Preferred Stock next issued shall be redeemed and reissued as i Common Stock to the holders of Com-1 mon Stock pro rata, before the twenty- | five hundred shares of Preferred Stock to be issued under these resolutionsare redeemed and reissued as aforesaid. 4. Be it further resolved that the holders of the Guaranteed First Preferred c<i ? _-u_n T f _ w~ oiwtt. snail nave a'preieieute uvci uut? Preferred Stock and the Common Stock both as to assets in case of final liquidation and as to cumulative dividends, out of the net earnings to the extent of six per cent, per annum, payable semi-annually. No dividend-, shall be paid on the Common Stock until thereshall have been set apart from the earnines a reserve for denreciation equal to at least two and one-half per cent, per annum, .of the par value of the outstanding Guaranteed First Preferred and the Preferred Stocks for each year after the first day of April, 1913, provided, however, that such reserve may in any year be decreased by the amount charged off for depreciation of property owned by the Company. The action of the directors in good faith shall be final as to the amount of the said reserve to be 6et apart and the deductions therefrom. Beginning July 1, 1918, there shall be set aside annually in cash from the earnings of the preceding year oryears after the payment of all divi? dends on Guaranteed First Preferredand Preferred Stocks an amount equal to five per cent of the par value of theGuaranteed First Preferred Stock outstanding, to be known as "Redemption Fund," which shall be used for the* retirement of Guaranteed First Preferred Stock as herinafter provided, and until so used shall be invested ae the directors may determine, and kept apart from the other assets of the company as a fund solely for the retirement of said Guaranteed First Preferred Stock. The Company shall on or before June 1 of each year, beginning June1, 1917, invite bids, by mail, from each holder of Guaranteed First Preferred Stock, to be submitted not later than the first day of July next following, for the sale to this Company of such stock to the amount of the "Redemption. Fund" then available for the purchase, of such stock and the offer or offers __ 1. ? 1. _ _ i -P _ _i ii I wnicn seem most iavorauie snau De accepted by the directors, provided* that not more than $120.00 plus accrued dividends then remaining unpaid shall be paid for each share of such stock. The Company shall have the right* upon mailing notice to each holder of Guaranteed First Preferred Stock, at least sixty days prior to any dividend date, to retire the whole issue of Guaranteed First Preferred Stock br paying for each share an amount equal: to $120.00 plus all accrued dividends then remaining unpaid. Upon any dividend on said Guaranteed First Preferred Stock remaining unpaid' for two years after the same: becomes due or upon the failure to* set aside the "Redemption Fund,'*. herein provided, for two years fromthe time required, the holders of the' majority of the Guaranteed First Pre- + ferred Stock, at a meeting of the holders of the Guaranteed First Preferred Stock, called for the purpose on thirty days notice may elect directors, whoshall thereupon become directors of. this company, succeeding the directors; then in office and forthwith elect officers of this Company; and such right on the part of holders of the Guaranteed First Preferred Stock to elect directors shall continue until all accrued dividends upon the Guaranteed First Preferred Stock shall have been paid,, and until all deficiencies in the "Re? . ia:TY?ivHrvn "Cnnd" shall have heen maria U ^ WVU A- V4^1?A ? V - - good; provided, however, that, if theother stockholders shall at any time,, without increasing the liabilities or decreasing the assets of this Company, , provide a fund sufficient to pay the accumulated dividends on the Guaranteed First Preferred Stock, and to make good the "Redemption Fund," the right to such control shall at once cease and a meeting of all other stockholders shall thereupon be called to elect directors, who shall have the power to. remove the existing officers and elect new ones. The holders of Guaranteed First Preferred Stock shall have no right to vote except when said two years default occurs in payment of dividends on said stock or in setting aside the. "Redemption Fund." 5. Be it further resolved*That nc^ mortgage shall be placed on the plant or plants of the Company until all of the Preferred Stock of all classes shall have been retired and taken up. 6. Be it further resolved, that the> foregoing resolutions be submitted to the stockholders of the Glenn-Lowry Manufacturing company, to be considered and acted upon by them at a. meeting of said stockholders which is hereby called to be held at the Company's office at Whitmire, South Carolina, on the seventeenth day of May,, 1912, at ten o'clock in the forenoon. We Coleman, President.