Fort Mill times. (Fort Mill, S.C.) 1892-current, July 27, 1922, Image 3
*
FARM LOAM PERVERSION.
(Continued from Page 1.)
sitting in Washington, remote
from farms and farmers, entirely
in sympathy with high finanoe
and the party in power, to dic*
tate the loan and all other policies
of the farmers' banks.
knt if* tLiu ?w\t nnAiiirli
it v I llltl 1* V? V ?? VI VUVU^ll v/l
usurpation ami centralization,
the bureau virtually proposes to
<Jo away with the national farm
loan associations which Congress
designated as the foundation of
- the system. As the law stuiuls, a
prospective borrower must join
his local national farm loan association
and have his application
for a loan approved by that association,
each member of which
thereby becomes sponsor and to
a certain extent indorsee of his
mortgage note. As it passes each
loan, tiie association takes additional
stock in its land bank to
the extent of 5 per cent of the
loan, and borrowing member
takes stock in the association to
the same extent. Thus the asso- 1
ciatious are tlie sole stockholders
of the banks.
The farm loan bureau now proposes
that it shall be empowered
to make loans directly to borrowers
and also that associations
may 'be voluntarily liquidated.
. Taken together, these two pro- '
visions mean that the further formation
of associations will be el is- ,
con raged and that eventually
they will be eliminated. The
banks will then be composed of
non-voting individual stockholders
ajid borrowers and there will
be no cooperative organi/.ations.
The placing of loans will then become
permanently a matter of
discretion by the .management of
the bureau controlled bank. That
is. of course, the situtaiou at present
under the temporary organizations.
Thus the plan of Con
gross to provide tor cooperative
financing of their needs by associations'of
fanners absolutely independent
of outside control will
be nullified. The determination
of local Joans will pass from a
local cooperative body to a distinct
bank controlled from Washington,
even though the fanners
own all the stock in the banks?
** they already own 85 per cent ?
and are responsible for all the
loans.
There may be something in n
name, but we have a friend named
Crook who is one of the straightest
men we ever knew.
Delightf
Differen
What more can be said? Th<
lightful?our line of
Toilet C
I TOILET WATERS, EXTRA
SACHETS, ROUGES, COMI
FOOD.
Your favorites are among th
and sell them.
*^V ' . '
LYTLE D
BIG BAR<
Second Har
We are offering \
ces on a number i
steads, Washstai
bles, Oil Stoves, e
- * v
B. C. FEF
T w* *
- I *
%
NOTICE
To Land Owners and Their Agents
in York County to Clean Out
Their 8treama. ?
Whereas under an amendment
to the Constitution of this State
ratified and approved February
18, 1905, the General Assembly of
this State was authorized to make
and enqct local and special laws
concerning drainage, and
Whereas in order to preserve
the health of the people and in
order to enable them to raise
crops upon their bottom lands it
is absolutely necessary to remove
all trash, rafts and obstructions
from the running streams of watei,
and
Whereas a local drainage law
was enacted in the year 1014 for
York County, therefore all lanu
owners and their agents in York
County are hereby notified that
it is their duty under the law of
the land 011 or before the loth
day of August now next ensuing
to remove from the running
streams of water flowing through
their lands all trash, trees, rafts,
timber, snags .and overhanging
limbs, and all other obejcts that
obstuct the natural flow of the
water, and, by running streams is
meant the running stream of a
drainage district as well as all
other creeks.
You will receive notices from
your Township Commissioners requiring
you to do this work.
The law specifies that the notices
are to be sent out between
the 1st day of July and the 10th
day of July, but authorizes the
County Commissioners to extend
the time in eases of necessity and
on account of the lateness of the
season, these notices are mailed
out so as to give the land owners
the opportunity to do this
work when the work in their
crops is complete, ami at any rate
not later than the middle of August.
If the land owner or his agent
neglects to do this work within
the time specified, then upon
that fact being reported to the
County Commissioners it becomes
the diity of the County Commissioners
to have the work done at
the expense of the lain! owner,
and if the land owner refuses to
pay the expense of cleaning out
his stream it is made the duty of
County Commissioner* to sell the
land or as much thereof as is necessarv
to pay this expense.
HUGH G. BROWN.
Supervisor of York County
I
*
ully
t
}y are different?they arede
reations
CT8, PACE POWDERS,
'ACTS, DREAM AND SKIN
em. It is a pleasure to.show I
RUG CO.
Store
i *
jAINS IN
id Furniture
jnusuallv low nri
0 ? -- g
of Bureaus, Bedids,
Chairs, Talc.
tGUSON
IE 29
" V- ' *- i
*- ;
-??* > - .' ;
i-v, : - .3
fHK fOET MILL
| Is Your
I Comforl
SThe average, man s
a day, one-third his
Of course he oughl
0 fortable bed to slee
A Realizing this, we
n of beds at all times
jt Some are higher p
x but all are good va
A we are asking for t
A Our stock of other
x sities also is' large,
II pared to furnish yo
Q or with just what y
Nothing adds mor
a cleanliness and atl
* home, especially d i
Si than nice floor mai
y We have a variety <
fi all moderately prio
?! to inspect them.
I Young 6
^K=i>|i = itl' = >?X3>Wg>WC>t?C
.A.. o. JC
/1AA1V mTTI
liUUDMJ
Groceries, Market, Country
Produce.
Phone Fourteen.
EAT ELECTRIK
"The Bette
If for no other reason, Ele<
Better Bread" because it is
retaining the natural flavor
it from your grocer and
"TASTE THE D
ELECTRIK MAI
R. A. Wilson, Prop.
READ THE TIMES
I
BVSBY WUK
FOR HOME NEWS J
(8.0.) TIMES
vt
*
r?3? ?
Bed
ho Kln5
LU UlV/i {
spends eight hours
s life. in bed.
t to have a comspiin.
carry a big stock
5. ; ?
riced than others,
lues at the prices
hem.
household necesand
we are preur
home complete
rou need,
e to the comfort,
tractiveness of the
iring the summer, >
tting. !
of pretty patterns, I
ed, and invite you :
|
fc Wolfe
I
I
iISTES
INGS TO EA1
: MAID BREAD
r Bread"
ctrik-Maid would be "The
electrically baked, thereby
of the ingredients. Order
HTERENCE"
D BAKE SHOP
? ROCK HILL, R. C.
Times are changing. Bill co
lectors have got so now that the
go prowling around at almost an
time of the month.
Looks as if those stories c
boose ships might be intended t
promote ocean travel.
^ ,1
"Mi *L*.
I A Cordial j
| The United State*
posits its funds wi
the State of Soutl
posited here. We
I pository for the fun
1 The Town of Fort
counts here. We 1
J District and handle
J But?
J what wc are j
J. the fact that M
j TWO THOU5:
5 .people of this e<
i satisfied custo
J strong, growi
J Bank.
J We cordially invite
1 and find out the ki
\ vice these friends
i yours are getting h
First Natii
I Operated Under the Sti
] United States
If - V > V * ? V v v v ^ V V Vv
j| Young,Wol
11 Funeral Dii
1| Emba
0 1 MOTOR E(,
x i *
A ?>
w \ Day Phones 144 and
^ it FORT MILL.
~ <
Always'
1 You will always fi
Store the freshest
thing in GROCEF
We are in busines
get rich in a day, <
and 'are satisfied
profit.
l BRADFOl
I 11 a ? f omifc
nAiJ. aiKbLi
MORE NEW
We received another shipme
HAM?pretty patterns, arsoi
9
v THE CAS
y ,
PHO
o S. A. LEE and T.
? v *- I ..; ? - _
* * x .
W t i i
invitation
%
* Government dcith
us. Funds of
i Carolina are deare
an active dells
of York county.
Mill carries its acFinance
the School
its funds.
>roudest of is
I ORE THAN
>ANI) of the
onnnnnity are
iinorc af I
invi u \ 11 1 ^
ng National
others to come in
nd of hanking serand
neighbors of
ere.
anal Bank
rict Supervision of the
Government
fe & Parks J
rectors and I.
Imers t
IUIPMENT |
34; Night Phone 34
SOUTH CAROLINA |
rhe Best
nd in stock at this
and best of everyUES.
s not expecting to
i week or a month
with a. modest
RD & CO.
PHONE 113
r GINGHAM
at this week of New GINGrted.
HSTORE
NE8
F. LYTLE, Mgrs.
- V ' # ' / jv
j* *