Historical Newspapers of South Carolina

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!; w^mrn P-*- ' New 44# f STATEMENT OF THE CONDITION OF THE MERCHANTS AND FARMERS BANK \ LOCATED AT BKTHUNE, S. C.. AT TUN CLOSE Of BUSINESS DECEMBER 31, 1931 i, '"Tr"""1 1 " - r -... - -- "rt Kr-- Resources I*.'- Loans and Discount* y... ,\ .j } $ 44,224.44 Bonds Owned by Bank 0,-I75.00 P-77 Furniture and Fixtures 1,725,15 Banking House .. 1,(818.75 BpT,._ : - Other Real Estate Owned V420.33 &77V .(.'ash on hand and due from Hanks ' i&i.trW.bO Exchanges for the Clearing House . DUM8 Klif:"; Other Resources, Viz: * E.; Farm Account 1 USj53 BR|;- Total ' ?- -^4,:UtU8 Liabilities # Capita) Stock Raid in *20,000.00 Surplus Fund 8,000.00 Undivided I'roftts, less Current Expose* and Taxe* Raid 2,i>5t>.79 K- Individual Deposit* Subjn t C> check . 37,806.12 Savings Deposit* ..;.%..... %. 810,39 # R Time Car tinea tes of Deposit 11,487.50 Ev' Cashier's Checks ......... '. .....,..... 387.*>8 aQ,3f?l,69 Notes and Hills Ito-diseounted XQiSjE it:.- Bills Rayahle, Including Certificates for Money -Borrowed N0N -. . Total ...7..... * HJ,34*.r8 R-^'-- Htnte ttf Honth Carolina. County of K-rdiaw. Before me came G. 11. McKlnnon, Cashier of the above named bank, who, being (July nworu, ?ai* that the abu.v and 'ntateuieiil" I* a trua ruii.liti .n of -ni l hank at ibOVB by the t>.?'>ks <>f *ai<l l>ank. G. "ff McKinnon Sworn to and subscribed before me this 5th day of January. 1932. Correct Attest Ix>rin? Davis J. M. Clyburn Nytary ^yblic. for South Carolina. |?1, - . Ix>ring Davis T. M. Clyburn ' ' Directors. Brr. 7.-.... i ..... ... .... .. ... ... ... . | ' ' i I . I ! f Major News Stories Originate In State Columbia, Dec. 28.?Those "big new#" event# that cause newspaper editor# to dust off their blackest type and order presses run at full #peed, broke thick and fast in South Carolina in 1931. At least four stories originating in the state during the year were of national interest, while other# were of prime importance regionally and ? _ , were within the state. The eyes of the world were focused i. on Aiken when Nicholas Ix>ngworth, Speaker of the national house of repre#cntatives, died there April 9th. . 'i..*... The drowning of 2d persons at Georgetown when a bus loaded with negro picknicker# crashed through an open draw bridge into the Sampit ? river was one of the major Vatastrophiee of the year. The electrocution of six negroes c in the penitentiary death house at Columbiu for slaying \V. I>, Hendrix, | Lexington county store keeper, ati tr acted large attention. It was one of the largest executions on record. When George Jackson ran amuck in Aiken county and slew six of his relatives, newspapers throughout the nation heralded it in bold type. Jackson was later convicted of murder and is under sentence to die January 15. Of prime interest to the state and South was the special session of the genera! assembly which banned cotton planting in the state. The nocotton plan was adopted after it had been passed by Ix>uisiana, but will not become effective unless agreed to by three-fourths of the other cotton producing states. The regular session of the general assembly was the longest on record, 117 days. One of the major accomplishments of this body was the pas- , sage of a tax on hydro-electric power.! I>eath during the year claimed an unusual number of outstanding citizens, including: I>r. Davison McDftwalt Douglas, president of the University of South Carolina; Lieut. GovernorTho*- S. Butler; Col. LeKoy Spring. Lancaster textile magnate; former Governor John C. Bheppard; Robert 3. Small, pre^dent of the South Carolina National Itank; Senator Philip H. Arrow4ptith, Florence' legislative leader. killed. in a automobile wreak, which also cost the Irfe of| Hoyt McMillan, Conway attorney; j General Washington A. Clark, of Columbia^ Confederate veteran and 'banker; . C. W, and C. L. Ct^ker, brothers, members of the prominent i fl;uUville family; John T. Koddey, { Roek H?H?oWon broker and financierT l}r- W. B. Burney. head of the chemistry department at the State university, and a number of other prominent persons including several members of the state legislature. | Rafo King, who has\vN figured in j I news stories in this state for the last i several years, again grabbed the headlines in May, when he was tried ; a second time for the murder of his j wsH, Fay Wilson King. The first case, which he appealed, ! resulted in a death sentence, for che , York county .hum, but the jury that ; convicted bem the eeeond time ree' ommended mercy, which automatici ally gave him a sentence of life imprisonment. He is now in the state penitentiary. Two men who have reached high rank in service to their country fig' ured prominently in South Carolina news in 1931. ; General Charles P. Sumrnerall, retired chief of staff of the United States army, accepted the presidency of the Citadel and State Military college at Charleston. He succeeded Col. O. J. Bond, superintendent there for many years, who had asked to be relieved of executive duties. Rear Admiral Newton A. McCully, commandant of the Charleston na-, vy yard for the last several years, was retired because of age on June 15, and was succeeded by Rear Admiral J. J. Raby. Another news story that "broke" in Charleston and may, in years to come, prove to be one of the most important of all, was the launching of the Island Girl, the first rivetless ship ever built. The shfp?was welded together. It was launched in June. Acts of violence were frequent during the year but the slaying of W. C. Rasor of Cross Hill, and the shooting of Mayor E. Clyde Geddings of Pinewood, were among the cases attracting the greatest statewide attention. ' i Carlo* A. Rector, former aheriff of Greenville county end well knowrtto South Caroline newspaper reader*, figured in two important stories during the year. Hector with J, Harmon Moore, was convic^x! of being an accessory after the fact of manslaughter in con*; ncctioti with the slaying of Sam D. Wilt^l, former Greenville sheriff. Ha appealed his 10-year sentence to the supreme oourt, where his conviction was upheld. A petition for a rehearing is now pending. While Rector was out on bond, he was arrested in connection with the robbing of the bank at Travelers' Rest. This resulted in a mistrial. Two news stories of particular interest to Columbia were the awarding of a United States veterans' hospital to Richland county, and the resumption, after three years court litigation, of street car service in the state's capijtal. Other "big news" stories of 1931 included: HtWmation of - the South j Carolina Council; development of the Farmers' and Taxpayers' League and the removal of sheriff It. F. Spivey of Jasper county from office; investigation of the Greenwood and York county chaingangs; formal resignation of C. E. Jones of Lexington, as chairman of the state highway commission and election of\C. 0. Hearon, of Spartanburg, as his successor, and the letting of $10,000,000 in highway contracts in furtherance of the state's road building program. His Four "Money Crops" tie Progressive Farmer-Ruralist I gives this timely story of how one farmer, W. d. Mangum, is getting ahead. "When the local market for country butter and buttermilk became flooded, he purchased a cream separator and began selling cream, increasing his hogs and poultry to consume the skimmilk and surplus grain. Here are his four 'cash crops' now: "1. Cows.?He is milking four to six dairy cows that supply milk for the family, skimmilk for the pigs and poultry, manure for the soil, a market for home-grown feeds, and a cash income of $350 to $400 per year from the sale of sour cream. "2. Hogs.?He has four pure-bred Duroc Jersey sows from which he clears $150 to $200 per year from the sale of pigs and meat. H buys a small quantity of fish meal and ship stuff but raises plenty of corn. The hogs also supply the family with meat and lard. "3. Hens.?He has a flock of 125 White Leghorn hens and is now selling from 50 to 60 dozen eggs per week. He makes a profit of $250 per year or more from the sale of pooltry and eggs. He has to buy laying mash but feeds home-grown wheat and corn for grain ration. He plans to build a modem laying house and increase his flock to 300 hens. - r4. , Wood.?He sells frow .% 1?0 $200 worth of wood each year, from timber land and woodlots." Victims of poisoned liquor in New York during the holidays totaled ten, one a woman aged 60. An 18-yearold girl was blinded from drinking the stuff. i """ ~ Taxes and Poultry. Many of our smaller and middlesized tax payers will find it possible to pay their takes this year from poultry sales if they will produce the > poultry. \. . The 1932 outlook for poultry prices is good compared to pther farm products. The poultry cars are to be continued thus givirig an assured market for all the poultry we can produce. , ? Why. not rai*e ^nojpggrK poultry, or hogs extra to pay 1932 taxes. Let's get together and talk and figure on it. It can be done?if we will do it. ?Henry D. Green, county agent. / ' Soft wood is considered more, important to civilization than hard -wood. . ,T 91 No. 9083 Kmri? Uiatrict No. 5 REPORT OF THE CONDITION OF THE FIRST NATIONAL BANK OF CAMDEN It OAMUBN, IN TUB STATE t>K SOUTH CAROLINA AT THE CLOSE OF BUSINESS ON DECEMBER 31, 1931 ^ Rciowcei Loans and discounts ... t t $266,043.32 Overdrafts : 2S7!?2 United States Government securities owned 86,495.00 Other bonds, stocks, and securities owned 52,20$!#3 Hanking house, $20,858.26; Furniture and fixtures, $3,040.52 .. 33,807.78 Real estate owned other thau banking house "11,560.22 Reserve with Federal Reserve Bank 22,760.20. Cash and due from banks 73,640.15 Outside checks and other cash items ... 1,306.80 Redemption fund with U. S. Treasurer and due from U- 8. Treasurer 2,600.0Q Other assets 4,272.58 Total r.V, Liabilities. Capital stock paid in ....J 75,000.00 Surplus 15,000.00 Undivided profits?net 1,734.50 Reserved for interest, taxes and other expenses accrued ~r / ~ * vv . rwrvvvvvw v v vv; ^ > Circulating notes outstanding 48,140.00 Duo to banks, including certified and cashiers' checks outstanding 246,17 .Demand deposits 174,060.15 lime Deposits '240,616.87 Total $564^743^99 State of South Carolina, County of Kershaw. ?? I, S. W. Van Landinghara, Cashier of the above-named i bank, do solemnly swear that the above statement is true to the beat of uiy knowledge and belief. **> S. W. VAN LA NDINGHLA M, Cashier. Subscribed and sworn-to before me this 6th BY^TT?l!p^2' Correct?Attest: Notary Public. C. J. Shannon, Jr. ? L. A. Wittkowsky Henry Savage, Jr. < Directors. - . - ?v r - ' - <v 4 ~7 The First National Bank I CAMDEN, S. C. I STATEMENT I A- OF CONDITION AT THE CLOSE OF BUSINESS, i DECEMBER 31, 1931 l Condensed From Report to the Comptroller of the Currency I ! V i RESOURCES | Loans and Discounts $266.9 18.22 : ( ivcnlral's . ' 287.52 .; Ranking House and Furniture and Fixtures 22,SOT.78 Real Estate other than Banking House 1 1.560.22 A Bonds 137,700.82 Cash in vault and due by Banks and U. 8. Treasurer ... 100,166.74 I Other As?. ts . ' 1.272.58 J TOTAL $55 1.7 13.00 * J ' LIABILITIES Capita. Stock Paid m $ 75.000.00 Surplus and Undivided Profits 16,724.59 Circulating Notes 18.110.00 ; j Deposits 111.823.19 Reserve Fund 16.21 Bills Payable NONE Rediscount NONE TOTAL $554,743.99 fat V- --- - ? - - - ? ? f I 1 1 ...... ^af^,8al c -.. > - *' " . STATEMENT * A J OF THE CONDITION OF THE BANK OF CAMDEN *" - Q ? # ' ' LOCATED AT CAMDEN, S. C., AT THE CLOSE OF j BUSINESS, DECEMBER 31st, 1931. ^ RESOURCES Loans and Discounts $661,564.51 : - -----~ ~d r~ f Is 1 797.76 | 1 Bonds and Stocks Owned by Bank 119,976.75 Furniture and Fixtures . , 15,692.21 Banking House 54,000.00 j i j Other Real Estate Owned * 36,100.14 j j Cash on hand and due from Banks 108,143.99 -~ j Checks and Cash Items 10,883.52 j TOTAL 1 $1,007,158.90 LIABILITIES i Capital Stock Paid in $100,000.00 ! ! Surplus Fund .v.? $100,000.00 ? Undivided Profits, less Current Expenses and Taxes Paid .... 267.65 ' ? Due to Banks and Bankers NONE ' 1 Dividends Unpaid 68.00 I Individual Deposits Subject to Check 363,763.75 Time Deposits 443,059.50 806,823.25 Notes and Bills Re-discounted NONE ! Bills Payable, including Certificates for Money BorrowedNONE -? i TOTAL , r $1,007,158.90 W STATE. OF SOUTH CAROLINA ; COUNTY OF KERSHAW Before me came H. G. Garrison, Jr., Cashier of the above named bank, who, being duly sworn, says the above and foregoing statement is a true condition of Raid bank, as shown by the books of said hank. H. G. CARRISON, JR., Sworn to and subscribed before me this 6th day of January 1932, ?~f D. H. YATES, : ? 4 Notary Public for South Carolina H. G. CARRISON '-Br' Correct Attest: \V. J. MAY FIELD Directors w. r. zemp ? * q I - 1 , DIRECTORS?H. G. Carrison, C. H. Yates, H. G. Carrison, Jr., Jno. W. Corbett, W. G. Wilson, David Wolfe, R. B. Pitts, -v ?|?,r~ L. I. Guion, W. J. Mayfield, WrR. Zemp." r-" ' _ _ " '" - U , J |1 |1 * I A