The Camden chronicle. (Camden, S.C.) 1888-1981, June 10, 1938, Page PAGE SIX, Image 6
'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