The Camden chronicle. (Camden, S.C.) 1888-1981, September 15, 1944, Image 3
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gabson Advises
j^nst Switdiies
£iTMl CAMPtN CHUOmCLt, CAMOEN, tOUTH CAEOLIMA. FEIDAY, EEPTEMEIE 1S,>
” ftetwon P^rtc, Mo#., Seyt. 15. Ib-
.^ent tmiit# aotnl for sm#U
ir«irtof8. After on* bay# a liome
*■* -—and 8om* life In-
Mrance anft ho a
■mall aarlnci ao>
count, I BOW adrlae
him to dinde th*
hitenee between
War Bonds (Seriw
(4B) and some good
Inreetment- trast
•tpek. When one
ho his drat $500
to put into seatrl-
tles, H Is /ery
Baeessary to get dlveraificatlOB. It
ii considerable eC a bother to dlrlde
KOO up among ten stoclCB, bat one can.
Mt the same results, by patting $600
iato a good InTestment trust stock.
Inrestment trust stocks, like erery-
tklng elee world, hare their
adrantages and their disadrantageo.
In addition to their adrantages dt
jirersification already outlined, there
la the advantage of supervision. Bvery
Investment trust ho a manager who
takes considefaMe pride in securing
for his trust the highest possible rate
of interest combined with fair safety.
] like those without any preferreds or
bond issues so that you will have a
first lien on the aseets.
Although these managers make mis
takes at times, yet you should be
much better off in having Your bold-
ings watched in this way. Otherwio.
you should employ a personal invest
ment advisor. Stocks and bonds can
not be put away in a ofe deposit box
and forgotten any more than can eggs,
fruit or even clothing. Remember
what the Bible says about “where
NOTICE OF JUDICUL SALE
Notice ia hereby given that in ac
cordance with the terms and provis
ions of the Decree of the Court of
Common Pleas for Kershaw County,
(Hated September 5, 1944, in the cade
of Dess Kennedy, plaintiff, yersus
James Johneon, defendant, I will sell
to the highest bidder, for cash, be
fore the Court House door at Camden,
8. C., during the legal hours ot sale
on the first Monday in October, 1944,
-being ibe 2nd day thereof, the follow
ing described property:
moth and rust dothr' compt "and
thieves break through and stsaL”
. Many bankers and corporaticm offl-
cials Uke to .throw mud at the Se
curities and - Exchange Commission
who at timea are very slow and pro
voking, On the other hand, I am
certain that they are honest and that
their Intentions are ot the best Their
difQcolty is that they are “biting oft
more ^an they can chew” and are
perhaps satfering from a bad case
of indlgeetimi. The cure for this is
tor them to trust more details- to the
Judgment of those needing their ap
provals.
The Securities and Exchange com
mission is certainly doing much for
investors in connection with Invest-
ment trusts. Some years ago some
of the investment trusts did very
wicked things. Insiders loaded them
up with securities which they knew
were no good, and purchued from
them for themselves securities which
they felt were valuable and would go
up in price. Of coarse, this was very
wrong but it has all been stopped by
the Securities and Eixchange commis
sion. Investment trusts are now
watched almost as carefully as are
State Banks.
- In order to get this diversification
and management, investors must pay
a “loading charge," The sponsors of
an investment tnut—or the ‘‘manu-
tacturers** so-called—usually take a
commission of 1-4 or 1 per cent plus
the cost of supervision. They, in torn,
.usually allow 2 per cent to the whole*
salers plus 5 per cent to the retaUers
from whom you buy the investment
trust stock. This means that there
usually is a loading charge of about
7 1-2 per cent, equivalent to about 175
per flOOO, which is included in the
price of the stock.
If you will be content to buy the
stock and hold it, this loading charge
is not unreasonable, but if you—say
once a year—switch into some other
investment trust then you will be
paying this loading charge uncon
sciously every year and it finally could
eat up all of your investment
As soon as a person buys an in
vestment trust stock and It goes up
In price, or some other stock goes
ilown. tbs salesman will com* arouBt
and want you to switch In order for
him to get another commissiOB. TImre
aiw a handred dlfftfant good laveot-
ment trusts and these salesmen watch
them all with the eye of a hawk. If
they find one that yields a trifle
more or chows a Uttle more rapM ap
preciation, they may advise you to sell
what yon have and switch into this
other investment trust stock. They
fall to tell you that the slight in-
cfMse in yield or appreciation may be
but temporary. Also that what they
switch you into has prcdiably gone up
IS much or more than what they want
you to sell.
"All that piece, parcel or tract of
Und,.lying, being and sitnated in the
City of Camden. County of Kershaw,
aD(] in the State of ^uth Carolina,
and fronting on King street of the
said City. Bounded on the North by
property now or formerly of es^te
of W. E. Arledge; on the Bast by prop
erty now orgormerly of George Moye;
on the South by King Street of the
City (If Camden, on the Weet by prop
erty now or formerly of William An
derson. Being the same property con
veyed to James Johnston by the For
feited Land Commission of Kershaw
County and found on record in the
office of the Clerk of Court for Ker
shaw County in Book CO at page 85.”
Terms of Sale: For Cash. The Mas
ter to require of the successful bidder,
sther than the plaintiff, herein, a de-
Iteit of five (5) per cent of bis bid.
to be forfeited in case of non-
Mmpiiance. no personal or deficiency
kdgment^is demanded and th* bid
ding win not remain open after the
sale, but compliance with the bid may
be made immediately.
' N. C. ARNETT,
Probate Judge-ex officio
Master for Kershaw County.
Allen B. Murchison,
Attorney tor Plaintiff. 26-284
TAX NOTICE
The tax books (or the eoUeetion of
County and School Taxes for the
fiscal year commencing January 1.
1944, will be open from September If.
1944, to December SI, 1944, Incloslv*
wlthont penalty. When making In
quiry abont taxes, please state the
school district number In which yon
live or, own property.
U._w Urt of tntwl
leviee for the various school districts:
OeKalb Township
School Dlstrtct No. 1
School District No. 2
School District No. 4
School District No. €
School District No. 25
School IMstriet NOi
Buffato Township
School District No. 8
-School WgtrtBl m T
Blue Tokens Are
On the Way Out
The Office of Price Administration
is scrapping its seven monfha old sys
tem of blue tokens for baying process
ed foods. The blue tokens go out ot
use Oct 1, no longer needed because
most canned goods are going off the
ration list. *
Between Sept. 17, when all but fruH
and a few other canned goods go off
ratlonii^—and October 1, shoppers
will not be . given blue tokens as
change and they will be able to spend
the processed food discs only in units
of ten. From that time on point val
ues on processed foods .will be in mul
tiples of ten. There wjll be no change
in use of red tokens for baying meats
and dairy products.
notice OF SALE
Pursuant to a decree of the Court
of ComsKiB Pleas for Le* County.
South Carolina, in the case of Plantara
Fertiliser A Phosphate company,
plaintiff, against E. E. Hearon, et al.
defendants, I will sM at public auc
tion to the hJghfst bidder or bidders
before the Court House door in the
Town of BIshopvill*. County of Lee,
Stats of South Carolina, during the
legal hours of sale, on the first Mon
day in October. 1944, the same being
the second day ot said month, the
(Mlowlng described iwoperty, to-wit:
All that certain piece, parcel os
tract of land situate; lying and being
in Kershaw County, tenth Carolina,
described in the above decree as con
taining 104 scree, more or less, and
otherwise describe ss oontaining 100
acres, more or less, bounded on thei
PAdl THRU
to L. M. Peebles. W. O. DesChamps
and W. P. Hearon, as Administrators
of the esute of J. M. Hearon, de
ceased, by deed dated February let.
1941, and duly recorded in the office
of the Clerk of Court (or Kershaw
County in Book C.S.. at page 44S.
The said decree provides that the
tale' shall be made for cash; that I
shall reqnire the highest bidder at
sale, other than* the plainliff. to make
a cash deposit of five (5) per C4int
of the bid as earnest money or evl-
dence of good faith, the deposit of
the last high bidder to be applied on
the*bid should, there be a compliance
therewith. If the person making the
highest bid at the sale, other then the
plaintiff, falls to make such deposit
Immediately at the time of the ac
ceptance of his bid, then the said
premises shall be at once resold, at
such bidder’s risk, on the same sales-
option of.the pUlntlff or
estate of H. H. Hall; on the tenth by
the Levinson Place, formerly of Shiv
er, and on the West by land of the
estate of Holland. Being the same
tract of land which was conveyed by
Leola M. Boykin and Eva M. Moseley
lOCHfCIt
W Liquid fo(
^ in7oavs
^'666
Liquid for Malarial Symptoms.
When You Call A Taxi, What.Do Yon
Expect?
U If*....
PROMPTNESS • SERVICE WITH A SMILE
• A COMPETENT DRIVER WITH A NICE CAB
Then You Want To Call....
POPS CAB...PHONE 696-R
Its attorneys. If the last high bidder
making the deimalt herein required
fails to comply with his bid without
legal excuse being duly shown, then
such deposit shall be deliver^ to the
plaintiff and retained as. liquidated
damages, and the preimises ‘ shall
thereafter be resold, upon the same
terms, and at such bidder's risk, on
some snbsequent salesday to be design,
nated by the plaintiff'or Its attorneys.
The said decree provides that the
purchaser or purchasers at the sal*
ahall pay for all papers and the coet
of revenue stamps. This sale will not
remain open for further bidding.
. L. W. MOORE,
Clerk of Court. Acting as
Master for Lee County."
SAMUEL WANT.
JAMES S. VBRNER,
Plaintiffs Attorneys. '
Darlington, S. C.
September 11th. 1944. 26?
KERSHAW LODGE NO; Ml A. P. M,
Raciilar OommsaSeatlaib
flrat Tuesday of
Month, At • P. M.
Woleomo.
* J. a HOFFMAN. W. M.
J. a. ROSS, Soorotary.
>PsBs<-G(>l8 ComiMK90 Long /slsiid CUt;.N^Tt
Fraadiltod Bottbri PwpsI-ColA BottUof Co,, d Cohuibia, S.C.
• s~rw
»s*ee«es»
Mills
.. 22
.. 22
.. 27
.. 29
.. 16
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Mills
If
IE
School District No. 7 18
School District No. 15 16
Sshool District No. 10 IS
School District No. 21'..... SS
School DIstriet No. St .22
School DUtrlct No. 27 24
School District No. 28 t 10
School District No. 21 10
School District No. 40 22
School DUtrlct No. 42 10
Flat Reek Tewnehip Mllle
School District No. 8 24
School District Mo. I 24
School DUtrlct No. 10 It
School DUtrlct No. II H
School DUtrlct No. 10 24
School DUtrlct NO.' JO 10
School DUtrlct No. SS 24
School DUtrlct No. 27 24
School DUtrlct No. 41 .^20
School DUtriet No. 40 M
School DUtrlct No. 47 It
Wsteree TowfwMp MllU
School DUtrlct No. 11 ....*. 21
School DUtrlct No. 12 SO
School District No. 10 1?
School DUtrlct No. 29 ,....,.^7... |l
School District No. St ft
School DUtrlct Na SO Si
. C. J. OWknr,'-^ktjaiwig,
Kenhaw OpuutrfA P»
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OdULB rHaUlfACx/
Ask Yoor
wM the Tested Redpes
■ EItT E -i ^
•ffgy M of CLAinsiirS ENMCOED
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'Akoaye Freeh ett Your Grocer’s
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