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rAOH TWO. tm PVtXSS AND STANDARD. WALTEBBOHO. Dtatingaisliad M Coll«ton Cou»- tf's oldMl •MMMl ro^irhanil** «a- tabllthmenl and oa« of the most esteastve In the county; a store In which can he yurehaeed afiythtas from a sewing needle to a ton of coal; a business which requires nearly twelve thousand square feet of floor nonce to accotuuiodal^ its Immense stocks; an estr.bl tab meat which receives goods in car load lots. This, la brief. Is the story of the business of Terry and snif fer—a business whose growth and extent would he considered remark able In a large city. The foundation of this bustnem dates back to the year 1871, when John K. Terry and Capt. A. C. Shaf for opened up a small general store In Walterboro. from Its very In ception It was successful and as time passed, stocks and patronage grew apace. Through the death of Its founders, the business in Itlb passed to the hands of E. T. H. Shaffer a son of the Junior member and a grandson of the sen ior member of the old firm, who has since conducted this mammoth enterprise In his individual capac ity, but still retaining the old firm ( name. As at present constituted the bus iness requires six buildings in which tb carry on Its operations, the main store being 30x120 feet In dimensions two stories with sn aggregate floor space of 7,200 feet. This is supplemented by a building used for an office, sml four ware- houres located in the town, two of them 2&x'fl) feet, and 4>ne of them with two floors, and two oth er warehouses 20x25 feet, making nearly twel\e thousand square feet bel etoa County, he has the esteem of n large following, as Is demons trated In the oplsadld business hs owns and manages. Ths Terry A Shaffer store Is al ways In a position to respond promptly to every need and at sat isfactory prices hccapse It Is ths policy of the management to buy direct from the manufacturers sad In such qunntltleu ns to secure the very lowest wholesale prices and discounts. Mr, Shaffer enjoys pop ular confidence and esteem for the good snd all sufficient reason that his methods are re'lable and his principles ever com mendable. His position as president )f the Mercanta' Advertising League of Colleton County, a “boost er" organisation of business men, defines his disposition to give his time and effort to the advancement of ihe interests of the community as a whole, lie is the owner of a number of ►lore buildings In Walterboro, :<’l of them located in ! the lH»*t hualntss section of the town KCUR1TT which has evwr ts 4tiMp«£pb feature, which sd off gihesMfuUy the blighting #M§ of qpvernl part* portodn and tat all safe guarded with fidelity every patron and every Interest with whjch It rad been Identified. W. BLACK. Jr. of Tfce Codrtoa Banking COLI*KTOS HANKING CXI. | The following figures, taken from a statement of the bank's condition neea on June 7 1811 and forwarded as W. V. GMIVKlC K. T. H. Hhaffer. of floor space, referred to above. In the main building are shown an Immense line of shoes from the .leading manufacturers of the coun try, Including the celebrated t’rsd- dock-Terry productions; large snd select collections of dress goods, notions ladlss' and men's furnish lag goods, and novelties In endless variety. These lines are all neatly and attractively displayed, and, be Ing easily accessible, the utmost convenience is assured Then there arc found large snd complete stocks of hardware, stoves and farm re quirements In the hardware line generally, including the I'nlversal wire fence made by the American ftteel and Wire Company. Groceries both heavy and fancy, occupy prominent place on- the shelves, the «oitertions embracing canned and lu-cngni; ing Walterboro’* for pciaiaiieut banking aceommoda- required by law to the State Bank (ions, and appreciating at their true Examiner, read financial strength, worth the value of such advantages wise management and prosperity in Slates, l»ry Goods, <lrurerlea,Y Ktc; to ,j. f , OM ,| r( . community 1 not onlv surplus and undivided profit ac- An establishment which has, slno for rheir tuna and labor-*arlpg con- counts, pepuiarity in the volume its Imeptlon five years ago. been \euici.cei% because of accessibility, of total deposits and general stand- in Influential factor In the build-; but »s a trade builder as well, a , Jng and Influence in total resources •ng up of Walterboro's trade advan- gr tup of representative citisti-~. a* or assets: :ages tj their present popularity a c t a number of conferences , ind Importance is the well-known ( iellberati<ns organised in 1891'Capital Stock $ 10,000.00 (y everything he requires for him self and his family, for his home tkw tvwsrtj four hear., for agacatluua aru •awtinuous day and •lyM. The plant covers some two gcr«| 9t groumd. The aped ware house boa a capacity of one thous and loan; the hull and meal ware house can accommodate two hun dred tons, while the tanks ba\.- a storage capacity equal to 'hr--*- can. Hmrral llrrrhaeitlsr For Huote j Vs has been stated the Walter- Knrm and Indlvldmai Xred*. ^ “ l,1 “ wer « * r€Ct «‘ d * n l »"\ but so rapidly has the busin. Any review of Walterboro's ad- |t vu fo%ad pessary this ** • trade center would be JrMr to j|, e eapaoltv to ter from complete did It not can- ^ th# of the fHrnier , tela full and complete meattea of ^ T|et>1|y A new glB fhe lar . the establishment of H. K ^ i. Colleton County with a Jr.. Whorns stoc equ l>m *” ^ J capacity of algbty bales a* day has sach magnitude and f ntoo been emrted and will be in neas as to anticipate all the needs, . _ - _ . .. - „ operation the coming season. of the farmer and his family, whoae*'^' • patronage and banefldal trade In-| T *te ofnw * and. directors of the fluences reach out for many miles . Walterboro Cotton OH C ompany, in all directions, and whose opera-| who have shown their faith in the Ilona at home, standing In the mel*,future of the town by Investing cantlle world constantly mainteln tlielr money in manufacturing plants and Increase the importance and are:, J. B. Liles, president an-l prestige of Colleton’s county seat treasurer; D. L. Smith, vice pres- as a source of supply and as a trad blent; E. T. H. Shaffer secretary- center generally. A. M. Summers), superintendent. The career of Mr. Black'* bustnes , IMrevtor*—J. B. Liles, Hon. I). L. dates bark about twenty years and hraittt member of the Legislature: from It's very inception It has g f h. Shaffer, merchalnt, Janies been a pronounced success, because g Peurifoy, president First Nation- he made a friend of every patron. a , gang- Major 8. A. Marvin ri. e his methods were reliable, Pdces ' p| an ( er . yy q. Thompson, farmer, .air and reasonable, based on ni»r- aBd A jy. Liles. Mr. Liles, ket conditions at the sources of w j 10 act | ve nianagemen' of supply and his policies popular, for the hu8lne|M| , B a aatlT< , of spartan- was made to please As the Black store every effort and satisfy, is today constituted it is in the strictest sense of the term a farmer’s supply house, selling near burg and has been identified with the cotton business ail his life. Sine* tore of W. V. Glover, which sMM , h# . \v ;i |t er boro l^»an and Savings Surplus .. ontinues with Its proverbial fidelity * hjch In 1896 became a pH- Cndivlded Profits o respond to popular needs from vun< ier the name of the Total Deposits .. 16,000.00 4,937.13 156 925.63 stocks of general merchan- , f , nHon Banking Company, which Total Resources ....... 192,772.2 * a.; incorporated in 1905 and j which institution will be of histoH- csl interest In future days and years because distinguished as be- Thl* concern occuplek a build ing located opposite the court house and In it are found the latest and test the market offers in dress 'PCds. notions, ladies' and men's furnishing goods, ladita', men’s and blldnn's shoes, crockery and . . — , . , . lish on permanent basis convenient lassware and pure foods In staple financial facilities for the farmers, buainess men and people generally of this section The inception of nd .fancy grcceHes. The dry oo<Vs and shoe dopartmenta are >opular features of the establlsh- nent, being Hie resulis of buying rbm the country’s leading manu- iM-turers and se|ecte«l as being best | It is also worthy of mention in this connection being suggested by the above showing, that the Colle- t , ton Banking Company i* in full ing Colleton County a pioneer bank- powe4(ftloil of t||B dllltlnctl< i fi of hav ing enterprise the first to **»«»>- <Ulg M one of iu great of security the largest surplus of any bank in Colleton County or its ncig borhood, and this is an inducement his residence in Walterboro he has | become thoroughly identified w i'b the interests of the community and i is among those whose efforts a re ar'd for his farm A. has already., b *‘ n * constantly directed to the up- been stated, the' stock equipment | bu,,d,n « °* th * t°wn and county in possesses the features of magnitude every way possible^ co-operating at and completeness. All purchases times in every measure which are made in such volume as se- calculated to advance the intdr- ihis enterprise, looking backward over the Intervening years really marked the beginning of the de- which always influences the prudent and conservative person when the cure the lowest fractional In voice prices and discounts, for the business is conducted on the very lowest level of Wholesale cost and all efforts of- the management arc dree ted to that end by buying dire<t from the manufacturers aud pro- iucers, wherever and whenever pos sible. Some idea of the wide range of eats of the whole people. Ing considered. uiud to local nee,Is and tastes. In velopmeut which has since character ^ roJ , eton Bankjng Company *" “•“** Mr - “'o'" •“'<>*• - ‘»W Walterboro, for. by being rais- pxh , nd|| to al , thp aclvantage8 and paironc.;<e people coming constant- e* to the Importance of a banking ( . (mv * ntence of m0 dern banking > from all over Colleton county ttjrn It hjecame^at once a tegular Moak( , y u for de- o S,S ure rhq splendid values and vftitlng point for money owners, nnv am „ lint , nf . rMl ^ in . arlei.’* offered. W. V. Glover, ihe and Is supplying them with flnan- owner of the business, is a ua- rial facility of a reliable character, tive of Colleton County, and waiC'n new era of commercial. Industrial formerly engaged in farming and and agricultural progress was «m- •toe planting. He is among Walter- mediately Introduced which haa nev- *oro s well-known and w->rthy cit- ! pf for ona moment abated a&d liens and enjoys the esteem^nd w |,o«« impetua at the prenant tlnte confidence of the cjiumuultyv be- j, j B th# 41,^00 of gronter re- ttls methods are -reliable and his slanw all llnea trade relations are all directed to ^ .h, .,,1 r*ii- . 9l£fl , ,R J T ,h » ._ . , , . , lure of the entire career ofe the ler an honest equivalent in every i Instance. , Colleton Bunking Company and Its predeceaaor. la the ever question of selecting a bank is t.e-j operations conducted can be form ed by glancing over the principal departments. These are dry goods,' 1 hardware and farm implements, fan- posit in any amount, interest being allowed on time deposits; money Is loaned on satisfactory signatures, preference being invariably given to patrons, other things being equal; approve^ paper la discounted, ex change la bought and sold on all the principal money centers and collections made and promptly re ported, In a word, every department of banking la effectively covered and a service rendered which is ever characterfied by the courtesy f — desirable Q f appreciation. The officers of and Indtspeaslble characteristic of the Institution are: John F. Lucas, every successful banking enterprise, president; E. L. Lemacks, vlce-pres- | and la reached and maintained on- (dent; a»*d R. L. Fraser, cashier; ly through careful direction and an d the directorate la composed of gents furnishings, millinery, shoes and ladies' apparel. One finds in the Zalin store lines of goods that can stand the test bottled goods, extracts and spites, of the most aggressive competition te<ts and coffees, soaps and laun- in both price and quality. So true is this statement that the ex perience of customers '•confirms it day in and day out by their con tinued preference and patronage H. ZAUN. t lot lung. Shoe**, Furnishings . Illinery. | vigilant supervision, and by v com- Tlu store conducted b> H. Zalin plete and accurate knowledge of is another of Walterboro's estah- financial affairs as applied to per- iishnienta whose carefully purchased sons and conditions within the scop and well-selected stocks maintain of every bank's influence as a for the inhabitants of the surrund- depository or as a monetary instl- ing territory money-saving buying, futlon generally. This element of opportunities for their needs l’-* j security In the case of the Colleton the »»P°rtant I«b*" of clothing. Banking Company ha* been acquir ed and rigidly guarded and promot- cirv supplies and the thousand* of articles which go to make up a complete grocery slock, flour being purchased in car load lots snd be ing shipped direct from the mills, the concern being agent in Colleton County for the celebrated Undine brand on which a big trade has been built up. On the first floor are s ’so carried harness and paints, the lines Including the best pru- du.-tions on the market. The sec ond floor of the main building is devoted to crockery and glass ware, floor covering and furniture. *a fu * line of the latter being ear ned, and ranging from the me dium to the liner grade*. The several warehouses located ed by ample capital, by a surplus In excess of Its rnpltallxatlon, by the safeguards of bonded executive offi cers by publicity of conditions front time to time a* submitted in sworn statements to the State Bank Ex aminer, by a directorate composed of men of established Integrity, who The lines, which anticipate the i , * xerr ' B * f0n,t * n t vlgllence In ths needs of the public, comprise s«*- negotlation of loana and over trans ient collections of ready made gar- : oHl 0 ®* generally, and by an equip ments in a variety of patterns, qua!- comprising the latest time- ities and pricea; notions, ladles' and men's furnishing goods, la the two first named and Mr. Paul Sanders. They are all men of es- tftbllahed standing in the community and possess as a result of years of onstant asMociatlrn with the peo ple of Colleton County their full confidence and esteem. During the Career of this bank It has included in its directorate aonie of South Carolina's moat il lustrious sons, among them being. Col. Allan C. Ixxard, Capt A. C. Shaffer HSn. William Perry Mur phy, B. K. Sanders, of Walterboro; E. H Fincken, president of the Fincken-Jordan Co. of Charleston J. B. Idles. A feature which recommends the * Walterboro mill ia the fact that the cy and heavy groceries, feed and flour, and shoes, iu this department being carried the celebrated Battle Axe shoe. In the collection of the above lines it is the constant aim to give preference to makes and' qualities of established reputation, such as the leading mills aud factor ies of the country. H. W. Black, Jr., the owner of this business, is a native of Col leton County and has spent his en tire life among its people. It is a pleasure to write of an enterprise P»*tform scales are In the open and which ts recognised as a splendid * v *ry patroa can see his seed source of supply— all of which is weighed or weigh them himself, the result of pronounced business ’l*'* loan who l.us helped develop ability In all trade relations .and *uch an industry who has risked an ever-present aim to accommo- his capital in oil mills, ami wlu> date and to please, be the patron is always v.or'*iug to further devel- ever so humble or the purchase eve op the industry must have credit so small. for what he baa done. —— : | Likewise, the cotton grower Is tn- WALTKKHOKO tXITTON OIL (X). dispensable to the oil mill owner He i. ust supply the mill with se«*<t Manufacturers of Cottoa Heed Oil, or the mill cannot exist. He nap t Meal, Hulls and IJuters. buy froni th ® “ lw lt8 products ■ r | the trade of the oil mill must f;i I There is no denying the fact that to be profitable. Thus, it is cleat enterprises throughout the country |y seen that each is dependent up 1 engaged In the production and' re- on the other and as this is on- fining of cotton seed oil have ic- industry which the South controK compllahcd -*great results for the etch should wdrk with the other farmers by creating a market for to reach the highest results, cotton seed, which not many years j The cotton-grower has been slow ago was treated aa refuse and as to recognise the intrinsic value of little or no value whatever. Nor what he produces, and by taking: and Hon. D. C. Heyward, who was were these great results accomplish- this stand he has stood in the vov governor of South Carolina, and i without the outlay of great for- of his own prosperity. In the pa-t. who Is the only survivor In this ! tunes in the aggregate in perfect- he seemed more ready to feed hi« list, the others having panned away, j •«* the process ©f refining, in adap> stuck from Western cribs that, from Others who have been identified ; ing cotton seed oil to the needs bis own cotton field thus sending with the bank In years gone by* of the people for food in many away from home money which lock devicee and burglar proof vault were HonA-M. P. Howell, deceased, forms and in educating the people should be kept in the South, installed In a handsome brick build- State Senator and for years, up to U P to a realisation of its health- i The time has come, however, wh* u dies' waists In a pleasing array of j teg erected In 1891. And when one the time of his death, chairman of Promoting qualities. For on the the more intelligent class of cotton- the very latest creations on the "tops to consider that the Col- the County Democratic Executive ! very last.analysis the discovery of growers are waking up to th*- mi- market; ladies’ skirts and wash leton Banking Company has never Committee; A. 8. Farrow, deceased; . the food ^properties of cotton seed takes they have been making They goods, and a splendid collection of ladies', men's and children’s shoes. borrowed a dollar, has never re-dls- John D. Warren capitalist and real o'l »«d its subsequent uses as such »re beginning to see that in cotton- counted a paper, has never limited estate dealer, and J. W. Smith, who have created a market to the great M “c*J meal and hulls they bate a't which are sold on rhe satisfactory < the withdrawal of deposits In lime was the first cashier of the Walter- K«te of the farmer. Therefore, it Ideal stock feed, and iu c »t»*>ns-. •! plan of moneys worth or money : of panics, hak never failed to pay boro l*oan and Savings Bank, the ** that concerns like the Walterboru nteal they get an ideal fertiliz-r t t* beck. H. Zalin owns and controls, rurrenc y *-hen demanded that It predecessor of the present organii-; < r i'on Oil Company are among the all crops, the business, which since its Iff- Rtands near the top of the list of ntion. .il.t-ut town are devoted to the -tor 0<>P, ‘ 0n ^ **•" a * 0 ^ ,a,d H , “honor" banks In Ihe State ebtet town are devoted to the .tor- fonndatloil for a big bu|l|lu?HI , in ,he South raroIlna tha . lt important industries of the coun- n.-e of fertilizers, grain and feed da)a and months4. come, because Huffs, these commodities being pur- lhe m<l , hod . of d „ tng business -ire chased in car load lots so ns to reduced to the simple proposition secure the lowest transportation 0 f quoting bed rock prices, hand- citargea. ( out isj purchased direct ling only such goods ns are the from the I’ocahontns Mines In Vlr- best of values on the market 'or sl»i!a and la delivered to the homes the money ^sid rendering a service «f the peopl 1 d! * , f • store that i- courteous and ever accom- maintaittlng local deliver) =ervlce. modatlug, and returning the money The best productions of the lead- when goods are unsatisfactory and could possj^ly be offered to •he weight of practical experience meal The W a’terhoro mill bit' fertilizer plants in the world not up to expectatfbn*. substantiate the financial knowledge w ith men and financial affairs gen- I s what is termed a two press mill ii|0 handled, and everything need- These methods are bound to win and executive ability of the bank’s orally an experlense which, with 2 n d occupies a tract of laud near e<| In the home and on the farm favor and are In the end the most administrative officers, co-bperating -t-Hekr well-known reputations for A- r - L. depot. The plant con- enn b* secured at the Terry A Shaf- ^ff^ve trade builders. constantly with a directorate, the Integrity and reliaMlIty; will keep Hst* of several hulldlniM the oil Conte live with us, and enjoy d< - lightful climate cot *Jitions, spieral In the State of Mr. Lucas the present head of * , n d »re so regarded by produr- that it has never the bank, has been Identified with er - : an d consumers alike everywhere had io list but one overdraft in Ita it as president since its inception, To Walterboro the erection of a reports, that it lias assisted in fi- and Mr. R. I* Fraser, the pres- u*i»l in 1903, and its subsequent op- P lieges ajtd t.ik* a !>•■>. nanctng Colleton County and has etit cashier, has held that position crntlons, have been a valuable ac- loaned ill the money borrowed by far the past eighteen years or nutrition^ for it at once established ♦he count) in twenty years Its since 1x03. c convenient and ah accessible ir .r- great success is explained. Successful In > Sin h a highly creditable record enterprise s, the.deliberation's of the Urr .section and llkewie- b* * is the strongest testimonial that present directorate carry with them neail y source of supply for i.ti is some of the great opportunitb which await those who have tb- ability to conduct enterpri-* - v\hr , manufacture raw tna'erial* p r odm - their own private for the cotton seed of th!. .fn- , u thl8 bCcUon , nto nil isl.ed ;,r <i .ct. for store, for Mr. Shaffer does a ; general supply business of Urge' tr >portlonii. ■ n a. One could go on poiutil*’. , o> Walterboro's possibilities for deve- opment along all lines, but wllh th- record of results here present'- 1 there is no denying thefact tli.%' ! wisdom of whose deliberation* and inviolate the splendid career of the ,nll » P™P*'r. the seed house^ and the sign boon! along the re d of After reading these stories,''don’t eonclirMon* rntwt be apparent In f’olletnn Banking Company by pre- ,, *a hulT Aud meal storaiM house, progress reads “Ofsator Waiterb- you think we arc O. K J the splendid results acchloved. serving the 1 great feature of a »J the oil tanks > in all of which a boro.'*