The herald and news. (Newberry S.C.) 1903-1937, June 03, 1913, Page TWO, Image 2
BANK ASSESSMENTS NOT
LEGALLY MADE
Comptroller General Points to Error
Made in Charleston.
a TV Trtrwc rnmntroller seneral.
wrote John 0. Mehrtons, auditor of
Charleston county, that the assessments
on the banks of Charleston
were not in accordance with the law.
The letter follows:
I have your certificate dated May
5, 1913, as to assessments for taxation
on certain banks in Charleston.
T* ko -fhof +Vio cnor?inl hnard
JL t CI ^ C Ci X O CUU l> VUV WJ^/VV ?
of assessors properly took the aggregate
sum of capital stock, surplus
and undivided profits as basis showing
the actual value of the shares in
the bank.
- The aseesmentg appear to be illegal
for the following reasons:
1. The entire assessment is against
- - ' -1. -..u
the hank, only tne reai esiaie suuuiu
be assessed against the bank, and
the balance should be assessed against
the shareholders in proportion to the
number of shares held by each.
2. In arriving at the value of the
shares, the amount of the bank's investment
in city of Charleston bonds
should not be deducted from the value
of the shares (as shown by the ag
gregate sum of capital, surplus and
undivided profits.) The only deductions
to be made in arriving at the
taxable value of the shares to be assessed
against the shareholders are
the amount of the bank's investment
in South Carolina redemption brown
consol bonds issued under the act
of 1892, as amended in 1893 (the interest
of the shareholders in the I
bank's investment in these bonds is j
exempted in the act), and the assessed
values of the real estate to be
charged on your duplicate against
the banks.
For instance, in the case of the
first ban? mentioned by you, the ag- j
gregate of capital stock, fcurpius and
undivided profits makes the aggregate !
bank's investment in South Carolina
redemption brown consol bonds, $356,199,
making the taxable value of
shares $487,644. Deduct for equali
tation with other property one-third,
$162,548, leaving equalized value of
shares $325,096. From which deduct
assessed value of real estate and
charge on four duplicates to hank
$10,000, which will make the assessed
value of the shares to be charged
on the duplicate against and to the
nam-es of the shareholders $315,096.
Follow this plan of assessment in
the case of the shareholders of all1
banks, and enter the assesments ac* j
cordingly on your tax duplicate in
the names of the shareholders. It
is in exact accord^with the law. See j
code of laws 1912, section 345. The j
special board of assessors have no '
authority to determine what exemptions
are to be allowed, and the countv
auditor must, follow the law.
-? -
BOLL WORM IX HAWAII.
Jfew Cotton Pest is Reported There.?
May be Quarantine.
Washington, May 29.?Has the well
known American brand of boll weevel i
met its match in a parasite of the '
pink variety and will the latter in- i
-raHo fh.a Smithprn rnttnn field? To- !
day the department of agriculture is- :
sued the following statement on the
subject:
"The department of agriculture has
information that a dangerous enemy
of cotton known as the pink boll
worm exists in the territory of Hawaii.
"The insect lives within the seed in
a dormant condition for about six
months; consequently it is likely to be
introduced into other parts of the i
United States in cotton seed and cotton
seed hulls from the territory of
Hawaii.
"Under section 8, of the plant quarantine
act of August 20, 1912. It becomes
the duty of the secretary of agriculture
to consider the advisability
of restricting or prohibiting the shipment
of cotton seed and cotton seed
hulls from the territory of Hawaii
into or through any other part of the
United States.
"In compliance with the act a public
hearing will be held at the de?
* ? ? A ? ? ? * \ 1 T * n A I
parimtnt 01 agnuuiLuic, ??asuaign;u)
D. C., on June 12, in order that all
persons interested may have an opportunity
to appear and be heard concerning
the establishment of a quarantine
on all cotton seed and cotton
seed hulls coming to the continental
United States from the territory of
Hawaii."
SECRETARIES TO MEET.
TTill Hold Convention at Charleston
5ext Month*
Charleston, May 29.?The Southern
secretaries' convention at Charleston.
June 5, 6 and 7. This organization Is
\
>
composed of the secretaries and executive
officers of the Southern chambers
of commerce, boards of trade,
commercial clubs and trade organizations
of the entire South. At this
convention questions and problems affectine
the commercial interests of
the South will he dis(?tissed. Prominent
men from all parts of the country
will be present, among them being
E. H. Goodwin, former secretary
of the Civil service league, now secretary
of the United States chamber
of commerce. Washington; E. P.
Bourland, secretary of the Southern
Educational conference; John Fox,
secretary of the Mississippi River Le
vee association; Lucius Wilson, formerly
of Detroit, now connected with
town development; J. A. Arnold, Business
Men'.'} league of Texas; M. B.
Trezevant, who has been connected
with the development of the great
port of New Orleans, and many others,
W. C. Hedfield, secretary of
commerce and labor, has .been invited
to address the mass meeting at the
smoker on Friday evening, June 6.
LIMESTONE ENDS TEAR.
Closes With Awarding of Diplomas.-^
Noted Editor Speaks.
Gaffney, May 29.?Probably the
most successful and interesting commencement
exercises ever held at
Limestone college, came to a close
Wprinpsriflv nie-ht. with the award of
the diplomas to the large graduating
class and the address by Rion McKissick,
the distinguished editor of The
Times-Dispatch, Richmond, Va.
The exercises Wednesday morning
were marked by the public meeting
of the Griffth literary society, "which
proved to be one of t'he most enjoyable
features of the commencement
eercises. The exercises were replete
with enjoyable features, but the most
notable of all was the splendid address
so ably delivered by Limestone's
beloved senior professor, Capt. H. P.
Griffith. Capt. Griffith is loved by
every girl who ever attended Limestone
college and his address Wednesday
will give to the girls now departing
never to return, one of the happiest
memori-es of all their college
days.
The Big Event
"Wednesday night, commencement
right proper, is always the crowning
event of the college commencement
week and there has never been an
event that could compare with the exercises
of this year. With the immense
auditorium literally packed
with humanity, the exercises began,
with a piano solo by Miss Mary Allen
Dew, followed by the invocation by
the Rev. Dr. J. S. Dill, pastor of the
First Baptist church of Gaffney. The
songs "Come to the Garden, Love,"
"The Pine Tree" and "Madcap Marjorie,"
sung by Missv Mabel Manning j
Wedge, were the next events of the j
program, followed by the address |
of the day by Mr. McKissick. The !
distinguished speaker chose as his
subject, "Woman," and his hearers
were delighted beyond the bounds of
description. He held the audience
enthralled and every minute of his
discourse ^vas more than enjoyable.
WILL CLOSE ALLEGED TIGER, j
Beaufort Commf~sioncjrs Revoke Li-1
sense of R. S. Goetz, Merchant.
Beaufort, May 29.?Acting under a
new law, the Beaufort county board
of commissioners today ordered the
revocation of the license, of R. S.
Goetz, a merchant of Port Royal, who,
it was alleged, sold liquor to men
from the naval station there. The revocation
of the license takes effect
I July 15, unless liquor is sold there. In
the latter event, the revocation goes
into effect at once.
Josephus Daniels, secretary of the
navy, recently announced in an inter
! view that the navy department could j
j not be expected to devote much at- j
tention to a station, -where the men ;
were in danger from the illicit sale of
liquor.
Under a law passed at the last session
of the legislature no mercantile
business can be conducted outside of
an incorporated town in their county
without a license from the board of
county commissioners. The law
makes it mandatory for the board to
* Alii Xllvu A CX 1>V I J vy Vi utl f v?
Evidence is in hand against another
storekeeper on the island who "will he
prosecuted shortly. This evidence
was gathered by Dispensary Constable
E. F. Hammond in Cooperation with
revoke the license whenever it is
shown them that a holder of that license
has sold liquor. Two enlisted
men today swore that they had
bought liquor from R. S. Goetz, who
k-eeps the largest store on the island
o itside the government reservation.
Goetz offered no evidence in rebuttal.
The revocation is to take effect July
15 unless liquor is sold, when the rernncitinn
/ir\mcio irnmoriio + o'It7 nnorotird
Mai. Hatch, the commanding officer
of the naval station. The governor
has appointed also one of the enlist-ed
men to assist.
? - A nmTVT?
TKA1IJK KATUEIC Atlitt.
Still Surpasses That of Future.?
West Is Optimistic.
New York, May 29.?Bradstreet's
tomorow will say.
"Trade reports continued to exhibit
fairly sharp lines of demarcation in
that current distribution still sur- j
passes future business and that sur-!
plus crop growing section, manifest
more progressiveness than Eastern .
territory. In other words trade in the
'West reflects optimism born of favorable
prospects as regards wealth from
crops, which outlook is not clouded to
any great extent by such matters as
territory. In other words, trade in the
East reports as regards future requirement
is plainly in evidence, uncertainties
regarding tariff reduction
hpinp- the deterrine factors.
?0 w
"One of the most remarkable fea- i
tures of the reports is balance of pes- I
simism 011 the contrary, most Western
centres are conservatively optimistic,
the prevalent keynote being
that trade will ultimately develop
along satisfactory lines.
"Money is easier, demand in the
West is good, but banks are pretty
1 ? '>+ ?? ???? *? > ?+ rvoi?+inor -nritV? fiinrlc: tfV
WC1I i)Cl agaiusi (;ai uug niiu
cept for relatively short periods. Stock
market operation remain quiet."
How to Go to Sleep.
Dr. Frank Crane, in Woman's
World for June, writes as follows,
telling how to go to sleep:
A man should make his toilet as
-?.-11-- ~ f A VtQ/1 n r* fr\r* +<Vl o
careiuuy iui gu..ug w
business for the day.
Certain physical things' are conducive
to sleep, su:h as plenty cf sweet
outdoor air, the absence of noises, of
lights and of bad odors, and above
all, a feeling of tiredness.
There are also certain mental and
spiritual preparations.
To be intensely interested in anything
is fatal to sleep; so also are
the memory of a rankling failure,
pan-making, problem-solving, apprehension,
shame and remorse.
The soul must taK-e on its mteresiedness
as the body must remove its
vestments.
Passions of any kind, cravings and
all heats are against sleep.
One is "very fortunate who has a
habit of prayer, for there is nothing
can still the soul like purging the
conscience before God; and cares,
prickling annoyances, dreads and all
mental tensions can be remedied in
no way mor-e satisfactorily than hy
letting the consciousness of God wash
the soul.
A sense of friendliness and peace
toward the Infinite is the surest medicine
for sleep.?Greenville Piedmont.
In brief, wash your teeth, say your
prayers and go to sleep.?Spartanburg
Herald.
HPlm IVofitfk*? Wofllth
JL IKL IT UO|;vu ?T
Charlotte Observ-er.
The strawberry growers in the
Wilmington trucking district have
this season shipped to the' Northern
and Western markets 1,189 carloads,
The Carolina Fruit and Trucker's
Journal says there are 100 carloads
in the fields that could be shipped
+V>o nri/ioe inctlflOf? TlTp ATP tn 3 S
Xi lii V i A V/ \_/kJ JUWVAUVUt > ? N/ V?. V - ?'
sume that these 100 carloads will go
to waste, and- we are awaiting that
paper's opinion as to the practicability
of the canning factory for the
truck farm. The dewberries and
huckleberries are now coming on and
they may share the fate of the strawberries
to a lesser degree. Then the
canning factory would save the surplus
crop of beans, cabbage, beets,
'ani other truck liable to the sag in
A + +V>/\ rtnftnin flp nf + Vl o ctra TI*_
piluca. Al LUC upcuuig v? JL I.UV OUU."
berry season the prices were from
$6 to $8 a crate. The prices of recent
days have dropped to $1 a crate.
It looks to us as if it would be a
good thing for the truckers to catch
the cannery idea.
Onr "Becky Ann.*
Ware Shoals cor., Greenwood Index,
Mrs. Ethel Thomas better known
as "Becky Ann" of the Mill News
was in town last Tuesday and Wednesday
and enjoyed her visit here
v-ery much. A reception was given in
her honor at the handsome home of
Mrs. Bagwell where she had the pleasure
of meeting a large number of our
people in whom she is deeply interested.
During the evening Mrs. Bagwell
served elegant refreshments
which were much enjoyed by the company
present. On "Wednesday Mrs.
^Thomas had the honor of setting in
mnttnn thp. first motor in our mill. 1
In the afternoon she enjoyed a. ride
around the town and suburbs and was
much impressed by what she saw. <
J
I _ ..
IhejNev
Capital St
"TVhe Bant
SOI
STAR]
Am
tig
vidual, is
V\!
anu piavci
kets with
robbery, \
money in
at will?;
WTi
1 1
today and se
est multiplies
I
'
The Clemson Ag
ENROLLMENT OVER 800?VALUE
AND A THIRD-OVER 90 '
Degree Courses: cT?dS
Trirlnctrv Architectural Eneii
Short Courses: Textile Industr
on Grading; Four-Weeks Winter Coi
_?. Cost oer session of nine mor
lOSL water, board, laundry, and t
tion, if able to pay, $40 oo extra. To
Agricultural Course, |i 17.55; Four-W
Scholarship and Entrance E
Agricultural and Textile Scholarships
1 * TT?1..a C T An 4
arsmps. vaiuc uiovuv.aiwi^T.w
dents who have attended Clemson Co
sitv, are not eligible for the Scholarsl
applicants.)
Scholarship and Entrance Examins
perintendent of Education on July nl
NEXT SESSION OPENS
Write at once to W.
Clemson College-, S. C., for Catalog, ?
you may be
160-Page r"7j
Poultry \ArX? Mu
arQ n6%
F N \ 10 ex*e
Jy That meai
04]
Pee Dee Advocate, Bennetts\i?le.
Every Saturday afternoon large
crrwds gather in th? city, sam? for
merry Savini
:ock
[ That Always Has Th
JNft AIM
$j ^ jr*ri r/
1
p ABank acc(
Copyright 1909, by C. E. Zimmerman C0.--N0. 45
t
nk Account lei
e to any busines
convenient at
s. Why load y
currency and n
vhen you can
our bank and c
r 4 per cent on savin
$1.00 starts an acc<
e how rapidly comp
i your money.
ricultural College
: OF PROPERTY OVER A MILUON
rEACHERS AND OFFICERS
seven courses). Chemistry; Mechanirical
Engineering; Civil Engineering;
leering.
;ei n Agriculture; Two-Year Course in
y; Four-Weeks Winter Course in Cotlrse
for Farmers.
iths, including all fees, heat, light,
:wo complete uuiforms, $133 45. Tuital
cost per session for the one year
eels Course, all expenses, $10 00.
laminations:. tT!es %To^
!. and 51 one-year Agricultural Schol- ,
do per session and Free Tuition. (Stu- I
liege, or any other College or Univer- I
fVioro oro -nn ntVipr f?1icri'h7e I I !
7 I:
itions will be held by the County Suth,
at 9 a. m.
SEPTEMBER 10. 1913.
ML RIGGS, President
cholarship Blanks, etc. If you delay,
crowded out. |
^itns
?er profitable. They cannot lay
ortured night and day by lie?
es. Dust the hens with
* Powdered Lice Killer
25c and 50c
rminate the body lice, and paint
y tne roosts and nests with
* Liquid Lice Killer
35c, 60c and 91
n them up and destroy unites,
ns bigger profits.
r money back If it falls."
? "Profit-?-harir?r- det, I
SALE AND GUARANTEED BT
LL FIRST CLASS DEALERS.
trade, but many for the purpose of
meeting friends, Ulk over old times,
discuss crops, the weather, fishing, :
1
nMHBBnHHHB BBHHI
vo Dnnlr
iiaiin
$50,000
ie Money"
u 1
)UNT I |
tids pres$
or indik
all times
our pocm
risk of
put your
heck out
gs deposits,
ount Do it
ound interI
.
I
??????? I
1785 191$
COLLEGE OF CHARLESTON
South Carolina's Eldest College
129th Tear Begins September 26th,
Entrance examinations at all the
county seats or Friday, July 11th, at
9 a. m.
Full four year courses lead to the- ' ;
B. A. and P- S. degrees. '
A free tuition scholarship is assign
- - ? *
ed to each county of the state. -?
Spacious buildings and athletic
grounds, well equipped laboratories,
unexcelled library facilities, and the
fiaest museum of natural history in
die South.
Expenses reasonable. For terms
and catalogue, address
Harrison Randolph, Pres.
5-29-1 Ot.
SEABOARD AIR USE.
Effective April 27,1918.
(Subject to Change yrithont Notlc?.}
Not Guaranteed.
No. 4 Lv. Columbia 5.50 a. m.
No. 18 Lv. Columbia 4.00 p. m.
No. 2 Lv. Columbia 6.35 p. m. j
No. 36 Lv. Columbia... ... 7.45 p. m. I
Southbound. j
No. 19 Lv. Columbia 7.00 a. m.
No. 1 Lv. Columbia 12.10 p. m.
No. 21 Lv. Columbia 5.00 p. m.
No. 3 Lv. Columbia 12.20 a. m.
Trains 1 and 2, Florida-Cuba Special.
Trains 3 and 4, Seaboard Fast Mail.
Trains 18 and 36, Hamlet local. Trains
19 and 21 Savannah local.
Ticket Office 1225 Main St. Phone
574. C. E. Boisseau, Jr., City Ticket
Agts., Columbia S. C. J. S. Etchberger,
Trav. Pass. Agent. C. W. Small, Div. ?
Pass. Agt. Savannah, Ga.?Adv.
coon hunting, etc. It is a pleasure to
watch the colored people as they congregate
in groups and family squads,
talk and linger until the shadow of
night.