The Manning times. (Manning, Clarendon County, S.C.) 1884-current, March 22, 1922, Section One Pages 1 to 8, Page Page Four, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

THE MANNil Entered at the Postoffice at Ma Appelt & Shot Published Eve Subscription Rates $2.0 MANNING, S. C.,.WEDN TO INVESTICATE THE COTTON MARKET New York, March 21.-Evidence in a recent "John Doe" investigation of the American Cotton Exchange, accused of operating a bucket shop will be presented to a grand jury tomorrow, District Attorney Ban ton announced today. Assistant District Attorney Sim mons who will present the case against the exchange, announced the hearing would require several days. It is understood that all wit nesses who testified at the "John Doe" hearing or who may be called during the grand jury investigation, will receive immunity from prose cution. Several of these witnesses, by their own admisisons, were in volved in the alleged unlawful practices of the exchange. Involun tary petitions in bankruptcy were filed today against Randolph Rgse, Sr., and Randolph Rose, Jr., who traded under the name of Rose & Son and against Rose & Company, a firm consisting, according to the petition, of Randolph Rose, Sr., and Celia Manassee. Rose & Son were among firms whose activities Chief City Magistrate McAdoo said will be laid before the grand jury after they had been involved in testimony at the "John Doe" hearing. The petition against Rose & Son estimate the firm's liabilities at $150,000 and assets at $125,000. That against Rose & Company estimated liabilities et $107,000 with assets undertermined. A. W. Graham, president of the American Cotton Exchange, de clared the exchange was not af fected in any way by the Rose failure. Randolph Rose Jr., had previous ly resigned from the vice presiden cy and directorate of the exchange, he said. The failure auW.omatically sus pends the firms, he added. Counsel for Rose issued a state ment attributing the failures to pressure following the "John Doe" hearings. Rose and Son pai out more than $100,000 in an effor to stem the bankruptcy menace he said. SPECIAL MEEFI'ING OF SUMTER BAR ASSOCIATION George D. Shore, Jr., Endorsed for U. S. District Attorney in Event Pre sent Incumbent is Not Reap pointed. The following resolution was pass ed by the Sumter County Bar' Asso ciation at a special meeting of the Association which was called Thurs day afternoon: "Be it "resolved by the Sumter County Bar Association, in meeting assembled, that in the extent the Honorable Francis 11. Weston be not CYPRESS SAS DOORS ~ BLINDS MOULDINGS AND MILL WORK The White X WILL Saturday, 1 With a full line of Stap~ of the very best qualit will appeal to the peop money. OUR LO The Manning Grocery on the W3 We ask a share of y< commodating Delive Wade S. Weal NG TIMES nning as Second-Class Matter. e, Proprietors. ry Wednesday 0 per year in Advance ESDAY, MARCH 22, 1922 reappointed by the present adminis tration of the United States govern ment to the office of United States District Attorney for the Eastern Dis-. trict of South Carolina, then the Sum ter County Bar Association 'recom mends for appointment to that office Mr .George D. Shore, Jr., a member of this bar. Mr. Shore was born and raised here, and he is well qualified by education, ttemnerament and legal :experience for this position. He -is a graduate of Washington and Lee University, and has, since his graduation, con tinuously practiced his profession at this Bar, except for the time of his 'voluntary service in the navy during the war. Mr. Shore has always been a mem ber of the Republican party. He has never sought political office and this testimonial is given entirely without solicitation on his part. Though we all are Democrats, ex cept Mr. Shore, we gladly make this testimonial, knowing the high charac ter, ability, and sturdy merit of Mr. Shore. Marion W. Seabrook, Geo. D. Levy Benj. D. Hodges, Committee. Sumter, S. C., March 16, 1923 Sumter Item. On Saturday, Mr. Shore who is well known here, was unanimously endorsed by the Manning Bar for the United States District Attorneyship of the Eastern District. On Monday, both the Lee and Berkley Bar Asso ciations endorsed Mr. Shore's candid acy all with the same proviso as the Sumter Bar. The other candidates for appoint ment to this office are: Thos. H. Peeples, of Columbia, former attorney general; Mr. J. D. E. Meyer, of the Charleston Bar; John D. Carroll of Lexington and Louis Shimel of Char leston, all of these men together with the present incumbent, are Democrats. REPUBLICAN IS WINNER Augusta. Maine, March 21.-John E. Nelson, Republican, of this city, was elected by more than 6,000 plurality to succeed F' deral District Judge John A. Peters as Represent ative to Congress at the special election in the Third Maine dis trict today on the face of unofficial returns. Statement. of the Condition of BANK OF PAXVILLE Located at Paxville, S. C., at the close of business M.arch 10th, 1922. -RESOURCES Loans and discounts ---$65,247.78 Overdrafts ------ ----------443.06 Furniture and fixtures - 2,587.20 Due from banks and bank ers ---- ---- ---- ------ 1,740.74 Currency -.----.--------- 363.00 Gold --- -- -. .. .... ......45.00 Silver and other minor coin ---183.12 Checks and cash items --.....308.58 Other resources, viz: live stock ---- ---- ------------115.00 Expense less profits --------1,108.42 Cash short ---- ---- ----------7.62 Total----------$72,149.52 LIABILITIES Ca pital stock paid in-......$20,000.00 Individlual deposits subjiect to cheek 16,722.10 Savings deposits ....,832.42 Trime certificates of dleposit-..........2,500.00 Notes andI bills redliscount-21045 ed,--------.--..-- .-- ......14,400.00 Bills payable., including certi ficates for money borrow ed -.- .-- ...- .........-16,695.00 TrotaL--.-...-- ...$72,149.52 State of South Carolina, County of Clarendon-ss. Before me came Jesse R. Sprott, Cashier of the above named bank, who, being duly sworn, says that the above andl foregoing statement is a true condlition of said bank,- as shown by the hooks of said bank. Jesse R. Sprott. Sworn to and subscribed before me this 20th day of March 1922. Joseph Sprott, Notary Public for S. C. Correct Attest:- H. .J. Tisdale, Jesse R. Sprott, S. Oliver O'Bryan, Directors. Vay Grocery OPEN 'larch 25th le and Fancy Groceries y, and at prices that le who want to save CATION Co.'s Old Stand, right Pite Way. rur patronage. Ac ries. herford. Prop. One Thou& Aid 65 Other Priz Michelin A Wonderful Opporti Come in and le aboi We will give you an simple rules governing tl helpful' suggestions and you may use in submitti Clarendon * MANNI] CLASSIFlIED ADVERTISNG HOUSES FOR RENT-Ranging in price from $10.00. to $25.00. Ap ply to H. J. Bomar. 6-tf-c. A BIG BARGAIN in one or two second hand Oil Stoves. Good as new. Plowden Hardware Co. ROOMS TO RENT-Suitable for of fices or living rooms. Every con venience, bath lavatory, sink, hot and cold water. Apply to The Manning Hardware Co. 9-tf-c WANTED-A District General Agent for Manning, S. C. and adjoining territory for the State Mutual Life Assurance Company of Mass., whose annual statement shows as sets of $72,219,112, insurance in fore of $338,000,000, low premiums, large annual dividenda and most liberal policy contracts. Our 1922 schedule of dividends makes the cost of insurance in this company as low as the lowest. A real oppor tunity for the right man to make a most profitable connection, with an assured income for the future. If interested write us for our proposi tion. Louis Sherfesee, General Agent, Greenville, S. C. 11-2t-c FOR OIL COOK STOVES go to Plowden Hardware Co. Statement of the Condition ot BANK OF SUMMERTON Located at Summerton, S. C., at the close of business March 10th, 1922. RESOURCES' Loans and discounts .....$122,649.83 Overdrafts--.... -....-.... -........776.07 Bonds and, stocks owned by the bank-.--.-------.....119,821.90 Furniture and fixtures-..---..,400.00 Blanking house-----..--.....1,000.00 Other real estate owned ....1,774.31' Due from banks and bank ers-......- _.--.... ...... ..-18,428.81 Currency -.. ..--..-..... ......602.00 Gold ..--_ .......- ....... ............_-20.00 Silver and other minor coin ......80.89 Checks and cash items -......341.10 Exchanges for the clearing house .-....... . .....- - -....35.00 Total -..---........-$265,930.00 LIA BI LITIES Capital stock paid in -..........25,000.00 Surplus fund-...... ..........-15,000.00 Undivided Profits, less cur rent expenses and taxes paid-.....- ....- .............-19,876.04 Due to banks and1( bankers- .... 1,665.56 Individual deposits subject to check 69,495.53 Savings depos0its ....69,494.48 Time certificates of .deposit-....20,304.91 Cashi&r's checks .......1,563.72 150,858.64 Bills payable, including cer tificates for money borrow ed ---- .---.- ...............50,000.00 Reserve fund carriedl on gen eral individual or savings ledger--... ----., .--.....3,500.00 Recording account ..............29.76 Total...............$26 ,930.00 State of South Carolina, County of Clarendon-ss. Before me came Jno. W. Lesesne, Cashier of the ab~ove named bank, who, being dluly sworn, says that the above and foregoing statement is a true condition of said banik, as shown by the books of Raid bank. Jno. W. Lesesno. Sworn to andl subscribed before me this 16th day of March 1922. Harry E. Copeland, Notary Public. Correct Attest:--- J. A. Weinberg, d Dollars! as for Naming The Tire Man! unity For Everybody. t us tell you all it it. envelope cntairning the 1is contest, togeher with. also a contest card which ng names. Motor Co. VG, $. C. CABBAGE PLANTS-15c per 100, 65c, 500, $1.25 per 1,000. Dickson Drug Store. - FOR SALE-Dwelling on North Church Street. Four rooms, two porches, open fireplaces. Splendid location, on acre lot. Easy terms. E. C. Nettles Alsbrook, Phone 226. THREE MILLION lure Porto Rico potato plants, grown from treated potatoes, ready April fifteenth, dol lar sixty-five lots five thousand shipping point. Guarantee safe ar rival. Million fine cabbage plants, immediate shipment ninety cents thousand shipping p At. G. J. Derrick, Lancaster, S. . 10-3tp PEANUT SEED, carefully graded and hand-picked. White Spanish or Georgia Runners. In. the shell, 6c . pound. Shelled fresh at plant ing time, 9c. Prices for imme diate acceptance, check with order. Peanuts are proving most profit able money crop. We are always ready to buy them. Write for in formation. Sea Island Cotton Oil Co., Charleston. NOTICE for the special benefit of those planting garden peas, I have ordered to--he shipped out 5,000 baskets at once. Place your odres now. G. Dewvey Clark, at Katzoff's Store, Manning. Statement of the Condition of HOME BANK & TRUST COMPANY Located at Manning, S. C., at the close of business March ld'th, 1922. RESOURCES Loans and discounts .--.'..$270,394.51 Overdrafts----..---..-.---.....31.57 Bonds and stocks owned by the bank -.------..----..9,50.00 Furniture and fixtures-.....6,134.45 Banking house --.-.........-5,476.66 Other real estate owned ....-,886.47 Due from banks and bank ers - . .. ...- .- ......25,928.83 Currency-_--.......--...1,952.00 Silver and other minor coin ..465.41 Checks and cash items -.....1,11.64 Other resources, viz.:-..............4.00 Real Est. Mtg. Fund-..88,349.55 Total--.-.-........$414,884.59 LIA BI LIT IES Ca pital stock pa id in .......$25,000.00, Surplus fund------.--......18,500.00 Undivided profits, less cur-. rent expenses and taxes paid --.------.-..-...-..4,426.79 Dlividlends unpatid -.- -..-.-.---...9.00 Individual deposits subject to check 141,087.59 Savings dleposits ...32,794.49 Time certificates of deposit ...... ...,025.00 Cashier's checks--....704.68 175,671.76 Bills payable, including certi ficates for money borrow ed -----------...-- -.....1,55.00 Other liabilities, viz..-...........18.80 Real Est. Mtg. Fund .......85,708.24 Total .-...... ......$4 14,884.59 State of South Carolina, County of Clarendon-ss. Before me came T. M. Wells, Cash.. ier of the above namedl bank, who, being dluly sworn, says that. the above and foregoing statement is a true condlition of said bank, as shown by the books of said bank. T. M. Wells. Sworn to andl subscribed before me this 18th clay of March 1022. . T. M. Mouzon Notary Public for A. C. Correct Attest:--Charlton DuRant, W. 1M. Plowden, H1. 1. Ellerbe,' DIree Charter No.. 1ju5-, REPORT OF COND1T ON O First Jatnal At Manning in the State of. South The Close of Business 'on March RESOURCES 1. a Loans and discounts, including rediscounts; acceptancea of other banks, and foreign bills of exchange or drafts sold with indorsement.. of this bank (except those shown in b and c) $ Tota~l loans- -"%'q 2. O dra , sered, .. .uecurei,3B4,48 4 U. Goenmnent secur er owned' * Deposited to- secure circulation (U. S. bonds par value) b All other United States Government securities Total 5. Other bonds, stocks, securities, etc.: 6. Banking House, $5,614.65! Furniture and -fx tures, $4,035.90 ........ 7. Real estate .owned other than banking house 8. Lawful reserve with Federal Reserve Bank .. 10. Cash in vault and amount due from national ba 11 Amount due from State banks, bankers, and trust companies in the United States (other than included in Items 8, 9, or 10) 12. Exchanges for clearing houze . Total of Items 9, 10, 11, 12, and 13___ 15. Redemption fund with U. S. Treasurer and due from U. S.~ Treasurer ..........,.. TOTAL LIABILITIES 17. Capital stock paid in 18. Surplus fund ..-------- --- 19. Undivided profits -------- 10,656.83 a Reserve for interest and taxes accrued ----------$913,66 c Less current expenses, interest, and taxes paid 20. Circulating notes outstanding .... 21. Amount due to Federal Reserve Bank (deferr 22. Amount due to national banks _.. ..... 25. Cashier's checks on own bank outstanding .. Total of Items 21, 22, 23, 24, and 25.... Demand deposits (other than bank deposits) 'subject to Reserve (deposits payable with in 30 (lays): 26. Individual deposits subject to check --.__.... 30. Dividends unpaid .... .. ..-- __..... Total of demand deposits (other than bank deposits) subject to Reserve, Items 26, 27, 28. 29, 30, and 31 -------------------- $ Time deposits subject to Reserve (payable afte 30 days, or subject to 30 days or more notice - and postal savings): 32. Certificates of deposit (other than for money Tos.l of time deposits subject to Reserve, Items 32, 33, 34, and 35 .....- .._..- .. 39. Bills payable (including all obligations rep resenting money borrowed other than redis counts) . .._ . ... .. .. .. ... . .. 40. Notes and bills rediscounted, including accept ances of other banks and foreign bills of ex change or drafts sold with indorsement o this ."ik ----.---. .._. .. __ TOTA L __..... ._ . ..... .. .... . STATE OF SOUTH CAROLINA, County of Clai I. J. T. itukes, Cashier of the above-named that the above statement is true to the best of my J. T. Subscribed and sworn to before me this 14th R. C. WEL. CORRECT-ATTEST: W. C. DAVIS, A. C. BRADHAM. L. H. HARVIN, Directors. FOR SALE-Ten thousand feet 1x4's ADMI random lengths, $8.00 per thousand, mill yard; other job lots way down Pursuani for the cash. H. H. l edlin. ham, Judgi public auc for cash a NOTICE OF DISCHARGE . Robert J. ] __ at 11 o'cli 31st (day 0 I will a pply to the Judge of Pro- ing pers5on bate for Cl arendlon County on the horse, 1 nm 10th day of April, 1922 at 11 o'clock eone-horse A. M. for Letters of Discharge as Ad- stock chop ministrator of the Estate of Joseph guano dist Dow, deceased.; bination pl Thomas Nimmier. p low tools, pd. Administrator, bales of m Manning, S. C., March 4th, 1922. lumber, 1 ____________________________ 'rator. Statement of the Condition of pd. BANK OF MANNING Rimini, Located at Manning, S. C., at the close of business March 10th, 1922. Sae Loas ndRESOURCESBA Laad discounts-......$381,457.83 Bondls and stocks ownedl by L.ocated the bank--..-...-......-25,000.00 the close of F'urniture and fixtures-.....2,034.67 Banking house ---..............5,840.00 Loans and Due from banks and bank.. Overdrafts er -_...- .-- - ..............16,019.86 Bonds and Currency--------...-.-.....3,247.00 the ba..k Gold .----.-----....-.--....-...-2.50 Furniture; Silver and other minor coin ..1,149.77 Banking h( Checks and cash items ......18,009.93 Due from Liberty Bonds-......-..........62,432.48 ers ...... Boys' Pig Club-...................284.38 Currency .. Gold .. .... Total -.._...._...$538,168.42 Silver and * LIABILITIES Exchanges Capital stock paid in-.....$40,000.00 house .. Burplus fund-................,..60,00 .00 Undivided profits, less. cur. rent expenses and taxes paid-...._......-......-.....--40,671.51 Capital stoe individual deposits Surplus fui subject to check 165,098.53Unide Bavings denosits ....116,718.31 Irent exp r'ime certificates jpaid ... of deposit-........1,027.73 Individual Cashier's checks-.------..-....64.80 subject I Savings de 283,509.37 Cashier's c Bills payable, including certi ficates for money borr'ow ed --..-......-...----..---.11,987.54 Wait Fiinani Total.............$538,18.42 State of South Carolina, State of So County of Clarendon--ss. County Before me came T. M. Mouz~on, Before Cashier of the above named bank, Cr~shier of rho, being dluly sworn, says that the who, being ibove and foregoing statement is a above andl ruo condition of said bank, as shown true conditi >y the hooks of said bank. . by the bool ..T. M. Mouzon. Sworn to and subscribed before me . Sworn to his 20th day of March, 1022. this 20th d: R. C. Wells,) Notary Public. N Correct Attest:--Joseph Sprott Correct redl Lesesne, Janies M. Sprott, Direc.. H'. Andoerac erve Ditric o. .,, Bank Carolina, at 10th, 1922. 350,4'71.57 125,000.00 p10,846.00 --- -- -- - ---.-- -.. $85,846.00 --------- ..$29,015.48 --------- ----..9,650.56 -----------.....$25,000.00 -- ---$27,298.62 nks ------------28,168.68 9 ----------------$455.82 ---------------$4,701.51 33,325.96 ---------------$1,250.00 ------------$511,986.81 -- -- - ------.- $5,000.09 " --~~ ~ -- - -.. -.. .$15,000.06 p11,570.49 $5,164.46 $6,406.03 ------ $25,000.00 3d credits) ---...-$4,524.80 ------ $6,690.48 --I-------------------$666.97 611,882.25 ----------.--$206.72.20 ----------------.--..$15.00 206,767.20 r (0 borrowed)-----$54,$38.39 ' 654,738.39 ---------------$45,000.00 f ---------...$97,142.94 ---------------$511,936.81 endon,-ss: bank, do solemnly swear knowledge and balief. ITUKES, Cashier. day of March, 1922. A S, Notary Public. " NISTRATOR'S SALE to an order of J. M. Wind of Probate I will sell at , ion to the highest bidder the residence of the late 'arker, near Rimini, S. C., Cek A. M. on Friday the f March, 1922 the follow al property, to wit. 1 ule, 1 two-horse wagon. 1* wagon, half interest in 1 per, 1 sow and 2 pigs, 1 ' ributor, 1 harrow, 1 comn anter, 2 plow stocks and 1 buggy, 1 pea huller, 8 ddlling lint cotton, 1 lot of phonograph and 1 refrig A. S.- M. Parker, Administrator. I. C., March 14, 1922. nt of, the Condition of K OF SANTEE A at Summierton, S. C., at i' business March 10th, 1922. RESOURCES dlisc2ounts..--$122,850.47 ------------.......-8142 stocks owned by --.---------.......,631.21 md fixtures -- ...2,695.00 'use-......-.........3,3 12.00 banks and bank --------------..-4,493.19 -------- .----2,426.00 ------.--- ......45.00 * other Minor coin ....568.22 e for the clearing -- ----- .....-15.85 I'otal.............$143,88.36 LIABIITIESe 'k paid in ...-.$25,000.00 d( ---------.......,000.00 profits, less cur mses and taxes ------------.. ---63......2.60 tieposits o check 61,511.1? 91,75.76 ee Corporationi ..20,0.004 I'otal..----- ---$14,338.38 uth Carolina, of Clarendon-se. ne camne W. W. Davis, tho above named bank, dluly sworn, says that the $. tore going statoment Is a, on of said bank, as shownm s of said bank. W. W. Davis, , and subscribed boforo me . . C.Cariga, J.'C Qttest:-,. A. James, W. a, W. D. Mcnina n'iro-.* ..