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'f ' nun ??-^ I CITY OF CAMDEN, S. C. AS PREPARED FRQM AN AUDIT OF THE BOOKS AND ^RECORDS OF THE CITY BY THE CERTIFIED AUDITS \ COMPANY a Columbia, S. C. May 19, 1938 Mr. F. N. McCorkle, Mayor and Members of Council City of Camden Camden, S. C. Gentlemen: We have completed an audit of the books and records of the City of Camden for both the City Clerk and Treasurer's office and the Municipal Water and Light Department, and our complete report has been rendered thereon. In accordance with your requests, we have prepared the following summaries reflecting the financial condition of these departments of the city at April 30, 1938, and the operating result for the three years ended that date: ? MUNICIPAL WATER AND LIGHT DEPARTMENT Statement of Assets and Liabilities April 30, 1938 ASSETS CUR.KENT ASSETS: Cash on hand $ 323.32 Notes receivable 1,117.811 Accounts receivable: Water and light accounts $11,511.91 Miscellaneous accounts 2,412.42 13,924.23 Inventory of equipment (for sale) 3;">.00 Total current assets $ 15,400.54 FIXED ASSETS: Office furniture and fixtures . $ 2,613.71 Loss, depreciation reserved 1,008.49 $ 1,605.22 Automotive equipment 1,376.35 Rental Equipment: Cost 6,635.68 Oens, rental income 4,236.12 2,399.56 4 Plant Properties: Water 170,040.16 Electric 173,415.71 343/455.87 348,837.00 Total assets $364,237.54 LIABILITIES AND SURPLUS C u RRENT LI AIIILITIES: Dank overdraft (net) $ 238.08 Notes payable 16,000.00 Accounts payable 16,593.73 Service deposits 3,309.62 Total current liabilities $ 35,141.43 SURPLUS 329,096.11 Total liabilities and surplus $364,237.54 NOTE: Plant properties are valued on the basis of an estimate made by your superintendent of the original plant value. Summary of Profits and Changes in the Financial Condition of the Department Year Ending April 30 DETAIL 1938 1937 1936 Net profit for year $40,042.02 $40,733.47 $40,976.11 Turned over to city: (lash 12.407.63 23,137.38 26,000.90 Water and lights furnished 7,801.83 7,422.95 6,173 46 Total $20,209.46 $30,560.33 $32,173.46 Retained by Water and Light Department ..$19,832.56 $10,173.14 $ 8.S02.65 Annual provision for retirements 15.000.00 15.000.00 lo.ooo.oo Net increase in liabilities 8,701.70 19,342.94 2,020.56 Decrease In cash and other assets (net) .. 638.94 467.85 (4,179.02) Additions to water and electric properties $44,173.20 $44,983.93 $16,644.19 CITY CLERK AND TREASURERS OFFICE Statement of Assets and Liabilities April 30, 1938 ASSETS CURRENT ASSETS: Cash on hand and on deposit $ 1,046.68 Current receivables: I Delinquent taxes t no provision made for those uncollectible) $31,519.40 Other 1,394.33 32,913.73 Prepaid salaries 248.51 Total current assets $34,208.92 Uncollected Paving Assessments 30,472.52 SINKING FUND: Cash and investments $75,881.95 Interest due on Investments 2,948.00 78,829.95 Cash in Closed Dunks 223.05 Total assets (see note) $143,734.44 LIABILITIES CURRENT LIABILITIES Dank overdraft ' 120.72 Notes payable (banks) . ... 15,000 00 Accounts payable 2,420.64 Bond coupons outstanding (past due) 4,881.26 Accrued salaries 2o.0U Unapplied credits 85.67 Total current liabilities * 22.483.18 OTHER LIABILITIES: Paving certificate interest (past due) 01.50 Paving certificates outstanding 16.940.00 Bonds outstanding 4 (6.000.00 Total liabilities DEFICIT (371.750.24) Tota! liabilities, less deficit $143,734.44 NOTE: Property accounts of the city have not been aet up to offset the bonded debt, which accounts for the large deficit. Summary of General Fund Income and Expenses Year Ending April 30 DETAIL 193? 1937 1938 REVENUE: Water and Light Department: Caah $12,407.63 $23,137.38 $26,000.00 j Water and lights furnished 7,801.83 7,422.95 6,172.46 Total 120,209.46 $30,560.33 $32,173.46 Property taxes 38,364.67 37,927.31 37,728.34 Business licenses 7,197.78 8,485.47 7,801.96 Beer and liquor revenue 4,079.22 4,583.45 2,819.52 Police fines and forfeitures 3,122.00 3,803.25 2,303.60 Other 4,101 65 3,371.04 4,359.72 Total revenue $77,074.78 $88,730.85 $87,186.60 I EXPENSES: General and .administrative $13,396.14 $13,522.71 13,173.60 Departmental: . Police department 12,415.86 12,521.76 11^1.46 Fire department 5,271.85 4,088.59 3,657.4y Street department 15,822.64 13,816.18 9,294.07 Health department 5,808.41 6,711.58 5.383.15 Bond Interest 22.031.25 22,737.50 24,989.27 Discount allowed on taxes 366.90 345.36 310.28 Street lighting and water 7,801.83 7,422 95 6,173.46 Other 1,748.29 265.81 518.85 Total expenses $84,663.17 $81,432.44 $74,551.63 Net surplus or (deficit) for year (7,588.39) 7,298.41 12,634.97 Transferred to Sinking Fund 1,823.53 14,450.52 8,200.29 Surplus reduction (or Increase) daring year 9,411.92 7,152.11 (4,434.68) ! NOTE: In the above statement, no provision haa been made for ^icollectIbte property taxes. Respectfully submitted, CERTIFIED AUDIT8 COMPANY By J. W. Hunt Certified Public Accountant \ T * ^ I IconcRtismh j-bWSmmjf'1 Washington, June 3.? Seuftlo fti'd house leudern are clearing the deck In preparation for adjournment on or by June 16: Adjournment by that (late seems possible In view of the fact that the President has decided | not to request thut his reorganization of the executive departments bill bo brought up again at HiIh aeualon The two major matters mill to be considered lor final uctlon by the house and senate are the wage-hour bill and the administration's reliefj spending bill. The President's relief and recovery j plan, with Its prospective billions In spending and lending, has already passed the house and Is now before the senate. A week of debate there has enabled senators to express some of their opinions leading to expectations that voting on amendments would bo completed next week. Chief issues are whether or not the President Is to be given authority to decide where the money Is to be spent and. whether or not loans to municipal governments to construct power projects will he restricted. Much comment has also been made i'rtv cfT?rgew rhac rn many northern und western states PVVA funds have been used for political purposes, especially in those states having ironclad political machines. All good citizens should agree that money appropriated by the Federal government to relieve distress, suffering and unemployment should be distributed on a basis of need entirely, and that politics has, no honest place in the distribution of j these funds. The wage and hour bill, passed in j different form by the house and sen-, ate, has again bobbed up in the senate where it appeared at first that an-, other long fight was in the offing . > Senators agreed, without filibuster, however, to let a committee of the two houses work out a compromise on which both houses can vote. This committee will contain two southern senators prepared to Insist upon flexible standards. The house block ou the free conference committee will, also, contain southern members ready to Insist on fairness for the south. It Is anticipated that a measure satis-j factory to both the house and the senate will come out of these conferences by the committee. Power held the center of attention, too. In the first hearings by a Joint committee of the senate and house in the charges of Irregularity and mis-, management of the T. V. A. The billions of dollars war debts owed by foreign countries to the United States of America still bob up in the news. Foreign governments still talk about honesty in business, coop-j oration between democracies and a return of confidence among nations, but say nothing at all about paying' us the money justly due. Great Britain objects strenously to expropriation of the oil properties of its Nationals by the Mexican govern-! ment on the grounds that such action ( violutes a national obligation on the, part of the government of Mexico. Mexico lias promised to pay for | these oil proper^es and It has been suggested that this government advance to Mexico sufficient British war debt notes to enable that country to pay off the British. Great Briain objects to this because that gov- ^ eminent has repudiated its obllga-, tions to the American government, ev-| idenced by these same notes. When it comes to collecting Great Britain ^ I South Carolina Doctors Complimented Throe South Curolina doctors who were awarded scholarships to the Trudeau School of Tufaorculosis at Saranac Lake this mouth have been complimented in a letter just received by the officials of the South Carolina Tuberculosis association from Dr. Edward R. Baldwin, distinguished specialist and director of the Trudeau course. The physicians from this state now studying at Saranac Lake are: Dr. H. T. Hall, Aiken; Dr. E. S. w Miller, South Carolina sanatorium; 1 I)r. P. H. Edwards, Conway; Dr. R. t C. Major, Latta. The first three, named are using scholarships offered by the Trudeau Institute and the National and State Tuberculosis associa-| tions. i i The twenty-fourth session of the Trudeau school which began May 16: and will run to June 10 at the Tru-< deau sanatorium and from June 131 to June 25 at Bellevue hospital, New York, offers to young doctors the op-; portunity of studying under the coun-1 try's best known tuberculosis special-; lsts, the history, pathology, diagnosis; and treatment of tuberculosis. Every, years since 1926 the South Carolina Tuberculosis Association has been ! fortunate in securing one of the Tru-1 deau scholarships. State and county j j chest clinics in various sections of, [insists on her dues. When it comes to pay her own debts, that's a different matter. I the state are now manned by doctors who have the advantage of these scholarships. As the demand for their use has increased from year to year, efTorts have been made to make addi- i tionai scholarships available to South Carolina physicians. This year with three in use, the state has received favorable notice from the National , Tuberculosis association and other organizations interested in the training of doctors in early diagnosis thru the use of fluoroscope and x-ray and in modern methods of treatment and instruction of?patients. The people of Kershaw county could do nothing better than plan to secure for one of her physicians next year one of these scholarships. To have in the county a physician who has had the advantages of one of these scholarships would aid substantially in helping to solve the problem of diagnosing cases early enough j to prevent lengthy illness. I The Safety Movement Goes Forward A striking and unusual experiment in the Interest of safety will be undertaken at New York University, beginning July 1. A national center of safety education will be established, under a special grant of funds from the National Conservation Bureau of the Association of Casualty and Surety Executives, and will become part of the University's Division of General Education. According to announcement, the new project, which is the first of its kind in this country, will provide a comprehensive program of information. instruction and research in matters connected with accident control. As part of the program, a maximum of eighteen research fellowships in safety education, with stipends ranging from $400 to $1,200. will be offered' for graduate students enrolled in the! School of Education during the 1938-! 1939 academic year. The motives underlying the new center were explained by the National Conservation Bureau, which pointed out that the stock casualty compan-i ies have been active since 1922 in the ' child safety education movement. It is now felt that a major part of the promotional phase of this movement has been completed and that the kind of aid required by educators has [changed. Safety work is well established in the nation's schools, with the result that the primary need is for persons adequately trained to I teach safe practices both to young people and to teachers' colleges. And although the center has been planned principally for the education of teachers, the work will be conducted over a wider front in order to serve all i types of personnel concerned with safe living. This is a logical, necessary step in' the evolution of the directed safety | movement. It would seem inevitable that the work undertaken will be re-! fleeted in materially reduced acci-i dent tolls in the future. The child! who is taught proper safety procedure by a qualified instructor becomes a safe-living adult. i ' i Leppard Seriously Mi | Greenville, June 6? State Senator Ben T. Leppard remained in a serious condition today in a hospital here. He is suffering from heart trouble. a Midway 8chool Honor Roll Grade 1?Nancy McNeely, JuanlU Parker, Carl Anderson. Grade 2?Marion Shannon Steven3011. Grade 3?Grace Threatt. Grade 4?Sarah June Rozier, BetlJ Ruth Parker, Betty Jane McCaskH Jean Laney, Catherine Langley, Donald Holland, Bertha Hayes, Margaret Elliott, Claude West, Jr. Grade 5?Denmiie Young, Betty West. Grade 6?Carson Catoe, Wilson Holly, John McCoy, Sarah Catherine Watkins, Ralph Young. _ i Grade 7?Coleen Hall, Cleatus Threatt, Willis Tidwell. Grade 8?Jessie Parker, Troy West Grade 9?Vera Mae Anderson, Pauline Catoe, Bunnell Elliott, MyrtH Horton, Walter Watkins, Roy West. Grade 11?Thelma Brannon^ Willi* J. Parker. ' j FINAL DISCHARGE Notice is hereby given that on* month from this date, on June 16, 1938, at ten o'clock a', m., we will make to the Probate Court of Kershaw County our Final Return as Administrators of the Estate of J. B. Mickle, deceased, and on the same date we will apply to the said Court for a final discharge as said administrators of said estate. JOHN M. BREWER < SARAH B. MICKLE Administrators Estate of J..B. Mlckl^ Deceased Camden, S. C, May 16, 1938. SUMMONS FOR RELIEF^ State of South Carolina County of Kershaw (n tlhe the Court of Common Pleai). Hattie B. Deas, Plaintiff, against Thomas E. Deas and Daisy C. Shropshire, Defendants. To the Defendants above named: You are hereby summoned and required to answer the complaint 1* this action, of which a copy Is herewith served upon you, and to serve a copy of the answer to the said com-i plaint on the subscribers at their office In the city of Camden, S. C* within twenty (20) days after eervlo* thereof, exclusive of the day of *8?; service, and If you fail to answer th* complaint within the time aforesaidthe plaintiff in this action will appu to the Court for the felief demanded In the complaint. KIRKLAND & deLOACH, Attorneys for Plaintiff " NOTICE To the Defendant. Thomas E. Deai- , Notice is hereby given that J-h* original Complaint and the origin* Summons of wblch the foregoing ? a copy were duly filed in the offl* of the' Clerk of Court for Kershaw County on May 19, ,1938. ^ j KIRKLAND St deLOACH, Attorneys for Plaintiff ^ 10-11-lJib J IT IS DANGER!)? t la danferoua to aali a UB8TITUT8 for 666 Juat to males thraa or enta mora. Cuatomara art your aaaeta; lose tham and you loaa JJJ jualneaa. 666 la worth thraa or JJT-. tlmaa aa much aa a 8UBSTITUIB OOLDS | VUO fev^R In Seaboard's Reclining Seat, Air-Conditioned Coaches Here are a feu) of the many features you enjoy? air-conditioning-~lo give you the most healthful temperature and cleanliness; softly upholstered reclining seals; cfean head rests; complete lavatory facilities; low cost mealspillow service at nominal cost and subdual lighting ut night so you can sleep restfully. IN O tther transportation gives you so much for to little! These modern coaches on all Seaboard through trains embody the latest devel~ opments of the car-builders* art. Plan all your trips this way?economically?for speed, and the utmost in safety and comfort. Look at the examples of low, one-way, daily fares?similar fares to all other points. Fares from Camden, 6. C., to NEW YORK $13.40 PHILADELPHIA 11.80 I WA8HINQTON 8.90 RICHMOND 6.80 I JACKSONVILLE ... 6.95 TAMPA 11.15 8T. PETERSBURG .. 12.00 I W. PALM BEACH ... 12.90 MIAMI 14.25 cS eaboa^d ?R a i I w a y J. L. CARTER, D. P. A. 1 Arcade, Columbia, 8. C. Telephones 3821-9087