The Marlboro democrat. (Bennettsville, S.C.) 1882-1908, October 27, 1905, Image 1
The
Marlboro
9
Democrat,
"DO THOU, GREAT LIBERTY, INSPIRE OUR SOULS AND MAKE OUR DIVES IN THY POSSESSION HAPPY OR OUR DEATIIS GLORIOUS IN THY CAUSE."
VOL. xxX
BENNETTS VILLE, S. C., FRIDAY, OCTOBER 27. 1905.
NO
BONDS LOOTED.
Purloined From thc Stale Treas
ury and Resold.
BY THE BONI) CLEBK
Mr. Daniel Z inmennaii, Tor Whose Ar
rest a Warrant lias Been Issued,
but he Could not be Found.
The Defalcation Will be
Made Good.
The Columbia State says there wai
a great deal of astonishment in Col
umbla late Tuesday afternoon of last
week when it wss learned that thc
State treasury had hst $1 tl 500 by or
ror or by criminality. Whon it wai
learned that a warrant had been is
sued by a magistrate aud had teer,
lodged with the sheriff for execution,
oharglng that Mr. Danie) Zimmer mat
ls guilty of a breach of trust with
fraudelent intent, theio was evei
greater fcurprlse, and much regret
was expressed because a name as yot
untarnished had boen connected with
suoh an i l?3nso, justly or wrongfully.
Mr. Zimmerman i.ad been the bone
clerk lu tho etlloe of tue Sta . i r us
urer, and held that position fi a .891
until 1001. lb was during that yur
lod that the fraudulent coourei
were found after a great deal 01 ,
vestlgatlon. The speoitio charge
that when bounds were brought In 1?
be exohanged for stocks, oue or mon
bonds would bo extracted from bbc
package and Instead of hoing cancell
ed would bo sold and ari ld bond OJ
bonds of prior cato wool ; be ting up
from tho vaults and sub.n u I In
the bundles for cancellation M tn <<? I
a cursory examination ib would ai p
that all of the bondi in that pack..,
were properly cancelled.
In this way a bond anda cor ti float?,
of stock would both be In tho bauds
Of innocent parties and the State pay
ing interest on both and obligated to
pay the principal ut Hie expiration of
the time specllhd-and of a reality
tho bond had been redeemed by the
State, the stock having been in ex
change therefor.
If a trick it was, lt r< quired nerve
to carry it through for tuc occurencee
covered a poriol of several 3 oars. Mr.
Zimmerman's friends, and they are
multiple, persist h\ declaring their
boilup in.. ittuocer.a^, andb"expeot at
tho proper time to soe him v . nd I cat
ed boforo the law in the courts. Mr.
Zimmerman has been lucked upon as
a man in rather straightened circum
stances, and lt is helli ved by n any to
bo impossible for him bo have evered
up suoh a shortage.
There aro two tiling 'v? len have
made some of Mi: /. u uti man's
friends wonder. First is mo fact that
he repeatedly dooli oed io appear at
the oillce of bbc State treasurer and
olear his name of the odium which
was sure to bi attached to an unex
plained publican m of thc facts. The
Other is thab yesterday before the
warrautcould bo issuod, Mr Z namer
man, who probt b y was apprised ol
what was about to transpire, walked
out of tho back door ot the ctlicj of
Mr. S. L. Miller wl.or-: bc was cm
ployed lu a clerical capacity ai d dis
appeaved. Ile has nub been seen
since.
Eveuif Mr. Zimmerman is the Vc
tim of circumstances, it it. ii lite, evi
dent that thc transa.! lons c nd nm
have been conducted without the as
sl8tanco of an outside party, ll id a
employe of the State ti oaf u ry pioseub
ed a bond for sale, tho pro p, clive
purchaser would have neel.ned, fm
the incident would have been susplo
ious and the pm elias r woiil i waul
nothing but ''gilt odg d" Investment
Evidently there waa a br. leer, 'lo
Hud that man is now the ol j ot of the
State ofiiolals interested. Thc lu no
cent holdois iii bbc bonds will bc ask
ed through whom they secured thc
negotiable instruments. No innocent
holder will lose anything for tin
bonds will ho again rei \ med for cas i,
although once before tin.y have been
redeemed In stocks. While the loss
is not so large, lt shows how, even in
the most jealously guarded system of
business, error and sometimes wrong
may oroep in.
DlSl'AKITY NOT IC Kl) UK KOKK.
r As far back as two years ago, Mr.
S. T: Carter bookkeeper In the chloe
of thc State treasurer, called lo the
attention cf the ways and mcaus com
mittee the (act that there was some
thing wrong with thc lotetest paid on
stocks and the cou pom paid on hoods.
What this trouble was no one at that
timo could teli, althougu it was seen
that the State was actually paying
moro interest than was mathemati
cally proper, At that time no intent
was fiiispcoted or thu matter cooli)
have been aired.
Mr. Carter had been called before
tho ways and moansc immlttee to tes
tify in regard to thc p;tlt ion of Mr.
Geo. H. Cornelson, of Orangeburg,
who stated that his brother, who had
lived in Australia had died, leaving
$10,000 in Eolith Corolina bonds,
which could not he found, lt was
wh.lc lookii g into tho Oornelsou mat
terthat Mr. Carter Hist had his at
tentlon attracted lo thc disparity In
in thc Interest accounts.
TJ About a month or six weeks ago
Capt. Jennings received a letter from
some ladles in Charleston io reference
to some bonds In their posse s lion, and
In looking up tho record with refer
ence to these bonds lt was found that
there had been substitution. This
was tho lirst intimation the State
treasurer had of tho transactions
whloh aro now suspotedcf being
iraudulcnb. ile saw biub tbc ontrles
wore in the handwriting of Mr. Zim
merman, and yet thinking that lb was
a olerioal error, bob phoned to Mr.
Zimmerman to como to the State
treasurer's dil2e. Mr. Zir.-;merman
Stated fch&t he WOUld be lhere timi
afternoon ab 4 o'clock. Two days
elapsed and as bo had not seen Mr.
Zimmerman tho Stato treasurer ?gain
'phoned to h's house and Mr. Zmmer
man stated that? he hod teen unwell
but would be there the next) morning
at 10 o'olock,
SUSPICION FIUBT AHOUSKO,
Mr. Zimmerman failed to keep tint
cng8gomont Capt. Jennings feared
that tho extent of the error, as he
thought it n i {ht not be known to Mr.
Z aimer man, and he wrote a letter
nuler dato of September 18th asklDg
Mr. Zimmerman to call and explain a
matter of considerable impartante to
Mr. Zimmerman and to tho ellice.
After some dolay Mr. Z mmcrman
drove up to the cast door of the State
capitol and called for Mr. S. T. Car
tor, and informed Mr. Carter that lt
would bo of no uso for him to make
au examination of the entry which
bad attriotxd attention as lt had
been made BO long ago that be could
not explain it.
Subsequently Mr. Z mrcermau ap
peared in thc corridor of the capitol
building and explained to Capt. Jon
lings that it would not be worth
while for him to try to oxp'aln the
uatter as ho had no recollection of lt.
This excited tho suspicion of tho poo
ile in tho ( Ul ie aud Capt. Jennings
m merl lately noll tied tho 0 mptrollcr
general and demanded a searching In?
.'estimation of the books in which the
eoords wore kept.
TU 10 COMPTKOLItBIl's llKl'OKT
Comptroller O moral Jones yeater
lay submitted to Capt. Jennings the
chowing report made after a very
carolling eximinatlon:
"In your letter direc:ed to me as
omptroller general, dated Octoler 7,
ou state that there appears to be an
rr. gularlty In the matter of tho ex
bango of a certain Brown coupon
?ond, and the amount covere d into a
trek certificate. That the State ap
icurs to have lost tho amount of this
lond and the interest at 4 1 2 por
ent. for several years. You ask Mia*
, as comptroller genoral, under Fec
lon 072, vdunio 1, of tho code of 1002
rake a full investigation of the status
? thc State's securities as therein rc
ulred.
'Tn cmformltv with tho above ro
ulremeut, 1 have personally exam In
d, with tho help of S. T. Carter,
lookkceper, and J. Fuller Lyon, bond
;lerk, all the securl y transactions of
he State from January 1st, 1804, to
'ate. From February 2nd, 1805 to
Vlay 23id, 1001,1 find a number ol
raudulent transactions, aggregating
(12,500; or in other words, the.^i
ransaotlous have inorcased thc State'?
landed debt to that extent, togethei
vith 13,003.76 Interest paid thereon
caking a total of $10.403 75.
"Tho iicms going to make up the
arlous transactions are fully itemizer
nd hereto appeuded. The examina
lon reveals the fae? that tho bone
ilerk during that period lu wine
hese transactions appear upon the
looks, has falsified oe erased thc mun
K>ra ut certain bonds fcurrondored fo
ixobango and has abstracted bond
irevlously cancelled and has submit
cd the same at a later date for suet
ninds surrendered, and has evidently
s showu by the interest accjuut pu
he bonds so erased as u icancel'ed oi
he market."
"This is olearly shown by thc fae
bat all transact ions during this perla
ppcar in thc hand writing of the sam
loud ederk. lt seems that tho bom
lerk In the State breani'er's ollie
las charge of all bond transactions.'
When ho had received the repor
nd the Itemized statement from th
omptroller general, Capt. Jennlng
or warded these to the attorney ger
ral's ellice with a request to bo ac
ist d as to the mode of procedure Mt
..ertiy P. You mans, the assistant at
orney general, replied in the followln
otm : "1 am in reosipt of yours t
oday enclosing copy of yours of OJ
it.er 7th to lion. A. W. Jones, corni
railer general, and lils reply to yo
if this date. You ask that 1 lnstrue
on as to your duties In the premiso:
f, (if your own knowledge, you kuov
r if from information obtained froi
libers you believe or If as a concluslo
rom circumstances you have a jul
a use to believe and do believe th?
bc bond clerk referred to has comm!
ed thc olfenso charged in the correi
ondence, it is ye ur duty to procee
ii thc criminal courts against tl
aid bond clerk. Civil procecdlni
viii be a matter for further consldc
?ion."
WAKKANT SWORN OUT.
When thus advised, Capt. Jennln
.skid thc attorney general to mal
mt thc warrant for the arrest of M
'. mmcrman. Tho warrant charg
)reach eif trust with fraudulent Into
,nd larceny of State bonds with ti
iiirpoKC of devoting tho proceeds
ils own personal uso.
to his affidavit upon which the wr
ant was issued, Treasurer Jonuin
celtes the transactions narr ?tod
dr. J nos anti concludes:
"That at all these dates one Dan
Ammerman was the bookkeeper in t
itlloo of the State trcasuror and i
?ccladv entrusted by tho three tre?
irc.rsof the State named above lu si
session, with tho performance of t
luties of thc treasurer In the surre
1er of Brown coupon bonds and the
?naneoof stock certificates Inoxchan
ihorefore,
"That in connection with tin
iransactlons, lionels surrendered a
vhloh should have been cancelh
lave been abstracted from tho St.
State treasury and substituted at
ater elate for suoh bonds surrotidci
ind tho numbers of certain hoi
lave, this deponent ls lnfoimod a
OOlieVCS, been alteret in tile wrltl
thereof to tho prejudice of and w
the Intent to defraud thc State.
"That this dcfcnelant la Inform
has just oausc to believe and d
believe that the said Daniel Zimrr
man has been guilty of tho offer
above set forth; has in so doing ci
mltted a broach of tr Ult with fru?
lent Intention, has stolen tho b ?
aforesaid the property of thc St!
has unlawfully Increased thc Sta
bonded debt, to tho extent of $12
besides $:i,08.> 75 interest; that 1
rJeponont, Wm. T. Bates, Wm.
Tl m merman, A W. 'ones, J. Ft:
Ly em, S. T. Carter, aro material 1
nesoes to prove the same.
When tho examination was first i
eluded, no ovldonce of frantin
transactions during Capt. Jenni
administrations had he*n dlsoove
but by a careful revision it was fo
that there was ono such in April, 1
two months after Capt. Jennings o
into Olli co. Tho full statement of tho
items discovered ls given elsewhere
Ono cf thc80 was on Jan. 15, 1001,
J ist four days before Dr. Tlmmerman
turned the oilloe over to Or pb. Jen
nings.
MU S?IMMKHMAN'8 UISAPPKAltANOK
There was sumo delay In tho prep
eratlon of tho warrant and Dr. lutes
and Dr. Tlmmerman, the two f raaer
State treasurers, who still ha?n a vory
sympathetic regard for Mr. Zimmer
man, drove out to his house to pre
pare him for what was coming and to
make a linal appeal to him to clear up
the mattor if lt lay within his power
to do so. When they arrived at Mr.
Zimmerman's homo about noon they
were informed that ho was at tho In
florance cilles of Mr. S L. Miller. They
drove without delay to the o ill oe of
Mr. Miller and wore Informad that
Mr. Z m merman had Just left. That
was ahout 1 o'clock and it was not
until 4 o'ciook that tho warrant was
placid in thc Lauds of Sheriff Cole
man. As soon as the warrant bad
beeu sworn out, the nows was made
\ ubllo, and Mr. Z'mmcrmau's friends
r.s well as the otliccrs of the law wore
:?11 on the lookout for him, but ho has
not been seen since the time or about
the Mme he left Mr Miller's cllluo.
lilt TI MM IS UM AN UAttD HIT.
Io ho some time hofore lt oan
be told L?iQltelyln whoso administra
tlous those ill .Irs occurred, but at
present it appears that the liabilities
will bo about as follows:
W. T C Hates.$ 1,200
W. H. Tlmmerman. 10,690
Ll. II. Jennings. 1.400
Total.$12,100
To th'.o of course must bo added the
Interest which will Increase the total
amount lost hy the S^ate of South
Carolina and to bo reoovercd on tho
bonds, $3,002
It ls al lex J that tho frau'lulen t en
tries were mace In this wist : A party
having bonds might prefer stocks lu
exchange. Tho papers would bo pro
scuted and tho transfer made. Then
Instead of cancelling the bond the
clerk in charge, apparently, w> uld
take out one of the bouda when there
would be a largo paokage and at sc mo
convenient dstc would put it on tue
market as If lt were a negotiable In
strument instead of a bond whose val
idlty had been wiped out by the ex
change. The bonds of the State are
payable to bearer, jmt as a bauk note
or other currency, and the stccks are
payable to order only.
The Interest on the bonds ls the
name as the Interest on the stocks,
b it the coupons ou the bocd3 may be
presented by any one whereas the in
terest on tho stocks ls sent in checks
to parties in whose name the stocks
ire made out unless the Soate treas
urer has been not. lied of the transfer
of the stocks. For that reason many
people prefer stockB to bonds and there
are issued sometimes as many as 1??
360 stook oertlllcates In a year.
HOW IT COULD IIAV1C UBBN DONK.
To show how easily this kind of
transaction might have been made
vithout discovery tx jept by accident,
obere aro on tho books of thc S?ate
treasurer bonds of this Issue alone
valued at $3,374,000 and stccks valued
at $2 220,000. Since the date of the
issue of those bonds there have been
issued 4,04 4 bonds of the denomina
lion ot $1.0C0 and 2,131 bonds of thc
denomination of ??f>00. Many of these
bot d? have been exchanged for stocks
ano therefore lt will be apparent that
fraudulent transactions might have
oct ur red as thc employes of the treas
urer's dh ce are considered above sus
picton and tho hoods are not counted.
lt ls said that when a pack ige of
bonds would be returned in exchange
for stocks lt would he very easy to can
cel nine of the bonds and substitute
for the touth a cancelled bond whio'.i
had boon taken up sovcral years be
fore. The legislative Investigating
committee would count merely the
bonds as units without impacting
chem, and If the number correspond id
willi thc number reported exchanged
for st.oks within the year, there would
be no suspicion of tho fact that one
of the bonds exchanged, for Instance
In 1806, had been substituted for a
bond exchanged in 1000 and that the
latter had been taken from the pack
agc and had been sold. The State
woulr' therefore be paying interest on
thc bond which should have boen oan
celled as woll as upon tho stock certi
ficate which had boen lbsued In place
uf thc bond.
As Mr. '/, r.merman was charged
with tm Custody of the bonds, as he
the exchanged bonds "cancelled" and
was the one responsible for marking
as thc entries on the books wore In
lils handwriting lt ls easy to connect
him with the fraudulent > ?chango.
Ills many friends hope that there will
I be sumo way in which thc natter can
bo cloarcd up and Mr. Z'mmorman
prove that he was not guilty of the
I serious offenses charged.
I Mr. Z1.m mor mau surrendered on
I Wednesday and gave bond for seven
teen thousand dollars for his appear
ance at court.
Killed Two.
John Price a young drug clerk, had
a battle with a band of Italians at
'.'aw 1'aw Md., and Frank Fleco and
G Dalcssandroare dead, and Clemen
to Itonollco ls said to bo dying at the
hospital. Pries had had trouble with
one of the italians sis weeks ago, and
Wodncsday tho men insulted him
Pr ?CO knocked knocked him down,
whereupon a dozen Italians, with
drawn revolvers and slilottos, drove
I him from tho train ftt OkOBOkO.
Price hld In tho rear when tho train
pulled out, and. reaching Paw Paw,
ho got a revolver and opened lire.
Thc Italians returned tho Uro but
IVIce wan unharmpd. Ho ls lu jail.
Timi MuitltH it.
The M ikado tells his SUtJaotS that
ho is perfectly satisfied with tho
terms of tho peace treaty and that ls
enough for thelli. Hut tho minister
of wuJ has taken tho precaution to
forbid dlsouhslon os tho matter In the
army, under heavy penalties. Imper
ial virtues arc all right, but the hea
vy hand nf authority is not to bc (Ic
plsed.
Killed tty Oars,
John Tomer was instantly killed at
Lumber, Florenco county on Monday
afternoon by being caught between
two log cars willie the train was in
motion on the tram road of Williams
it McKlthans company, of which ho
was an employe
THE SCHEME,
And How lt Was Worked by the
Bond Clerk.
SU?RENDERKD BOJW,
Instead of Being Cancelled as the Law
i
Provides, Were Sold by Somebody
Connected With the Treasur
ers Office as Will be
Seen by thc Below.
Following is Oomptrollor Genera
.Iones' It?rai/, jd statement covering ox
amlnatiouof bond transaotlonsof State
treasurer's tilico trausaotlous of 1st,
1894, to date:
OJ Fab. 2 id, 1895, E M. Moreland
surrendered for exohango bonds Nos.
744. 745,74b" and 747 for $500 eaoh,
which wero exchanged and included
in stook cortllliatos Nos. 512, 543 and
544 issued in tho name of John Grim
hall.
The bonds appear upon the reoords
to havo been surrendered and exohang
od for stook ccrtitloatos, but appear
a 8ecoud timo as follows, to wit: April
22nd, 1899, Charles Logan surrender
ed for exchange bonds Nos. 740, and
747 for 85J0 eaoh whloh were exclnng
ed and included in stook oertitloate
No. 947, Issued in the name of Ohas
Logan.
May 23rd, 1901, E. M Miroland,
surrendered for exchango bonds Nos.
744 and 745 for $500 eaoh, whloh were
exchanged and lnoluded in stook ocr
till ate No. 1074 issuod in the name
of Mattie R Riggs, trusteo, and N J
1975. issued in the name of Ii. M.
Mot eland.
Deo. 3rd, 1895, E. M. Moreland sur
rendered for exohauge bonds Nos, 725
and 726 for $500 each, which were ex
changed and inoluded lu stock certifi
cate No. G38, issued in tho name cf
Ohas. S. Bennett.
The above bonds appear agiin upon
the reoords as folioWB: May 28, 1890
D. Chappolman, attornoy, surrendered
for exchange bonds NOB. 725 and 720
for $500 eaoh, wh.ch wore exchanged
and inoluded in stock oertitloate No.
708, Issued in the namo of tho Ger
man-American Trust and Saving*
hank.
Jan. 15rtt, 1890, E M. Moreland sur
rendered for einh?nge bond No 1173
for $1,000, whloh was exchanged aud
included In stook certificate No. 642,
Issued in tho namo of A. B. Murray.
The abovo bond appears again upon
tho records as follow*: Jan. 20th, 1898,
lt. M. Marshall & Bro., surrendered
for exchange bond No. 1173 for $1,000,
which was exchanged and inoluded in
stock cjrtllicates Nos. 863, 804 and
865, isiued in the namo of M. E.
White, et al.
Jan. 24th, 1896, E. M. Moreland
surrendered for exchange bond No.
361 for $01)0, which was exchanged and
inoluded in stock certificate No. 619,
issued in thc name of A. B. Murray.
Thc above bond appears a second
ohne upon tho record as follows: Jan.
26, 1898, lt. M. Marshall & Bro., sur
rendered for exchaugo bund No. 301
for $500, willoh was exchanged and
Included In stock certificates Ne>s. 863
864, and 865, Issued in the name of
M. E White, et. al.
April 9bh, 1890, Henry P. Williams,
cashier, i urrendered for exchange b >nd
No. 1916 for $1,000; whloh was ex
changed and Inoluded in stuck certill
cate No. 687, issu id In the name of
Carolina Savings bank.
The abovo appears a second time
upon the records as follows: Jan. 5th,
1899, E. M. Moreland surrendered for
exonange bond No. 1916 for $1,000,
which was exchanged and included in
stock cortilicAte No. 934, issued in
thc name of A. B. Murray.
April li di, 1896, Wm. A. Nichol
son & Son surrendered for oxenange
bond No. 8?4 for $1,000, which was
i x'changod and included in stock oer
tllicates Nos. 68? and 689, issued In
the name of Wm. A. Nicholson &
Son.
The above bond appears a second
time upon tho records as follows. Oot.
14th, 18*9, Dwight Hughes surren
dered for exchange bond No. 984 for
$1,000, whloh wasexohanged arni in
cluded in stock oertilieito No. 974, is
sued in tho name of Mattie 10 Higgs,
cxeox. et. al. and No. 975 In the name
of Frank F Whilden.
April 17tb, 1896, Wm. A. Nichol
son & Son surrendered for exchange
bonds Nos. 283 284 and. 1044 for $500
each, whloh wore exchanged and In
cluded In stock certificate Nos. 088
and 090, issued In tho name of Vm.
A. Nlcholaoii & Son
The abovo bonds appoar a second
timo upon tho records as follows:
Keb. 10&h, 1897, Henry W. Frost &
Co., surrendered for exchange bond
No. 283 for $500, which wau exch:;::,?
ed and included In stock cerUilcate
No. 766, issued lu the name of Henry
W. Frost Sc Co.
Jan. 26Mi, 1898, it. M. Marshall &
Bro., surrendered for exchange bond
No. 284 for $500, which was exchang
ed and Included in steck oertilloato
N;-8. 683, 684 and 685, issued in the
namo of M. IC White ot. ai.
Jan. 14th, 1901, lt. M. Marshall &
Pre)., surrendered for oxchango bond
No. 1944 for $500, whloh wa? exohang
ed and included tn stock certificate
Nc, 1058, Issued In thc name of Riob
ard J, Morrl?.
Oct. 8ih, 1890, W. A. Olark, presi
dent, surrendered for eiohaoge bond
No. 2552 for $1,000, which was ex
changed and Inoluded in stock certifi
cate No. ?39, issuod in tho name of
the South Carolina Loan ?Sc, Trust 0?>.
Tho abovo bond appears a second
tim? upon tho records as follows: Feb.
.loth, 1897, ?lonry W. Frost Sf Go.,
surrendered for exohango bond No
2652 for $1,000, which was ex Gauged
and Included In stock certificate No.
700, Issued In the name of Henry W.
Frost & Oo.
Oot. 12th, 1890 Wm. A. Nichols-u
surrendered for exchange bond No.
1890 for $1,000, which was exohang"d
and iuoluded in stook cerblflhate NJ.
742, issued in tho name of Wm. A.
Nloholson.
Th? above bond appears a second
time upon the records as follows: Fjb
10,h, 1897, Henry W. Frosts Co.,
surrendered for exchange tond No.
1890 for $1,000, which was exchanged
and included in stock oertl?oate No.
700, is ued In the name of Hen y W
Frosty Co.
Jni/lSih, 1897, Heury W. Frost &
Co., Surrendered for exohange bona
No. 2835 for $1,00), whloh was ex
changed1 and included in stock cortifl
uate No. 703, Issued In the nam? of
Honry W. Frost & Co.
The above bond appears a second
time upon the records as follows: Feb.
10th, 1900, IC M. Moroland surrender
ed for exo'iange bond No. 2325 for$I,
000, which was exchanged and includ
ed in stook oertl floate No 1,000, Issu
od in tflhe name of A Ii Murray.
Mar^h 15th, 1897, Honry W. Frost
& Co./surrendered for exchange bond
No. 5'i for $500, which was exchanged
and included in stock certificate No.
770, Issued In tho name of Henry W.
Frost & Co.
Tboi above bond appears a oeoond
time upon the records as follows. Jan.
20,h, g898, R M. Marshall & Bro.,
mrrendered for exohango bond No
50 for'?500, whloh was oxchanged and
Inoludodln stook ocrtllicUes Nos. 803
804 and 805, Issued in tho name of M.
E. Wijito et. al.
Oot 19th, 1897, Caas. Logan surren
deree) exchange bond No. 1447 for
$500,^hioh was exchanged and Includ
ed In^tock oortlfloato No. 837 Issued
in thommo of Cuas. L igan.
Thoi above bond appears a second
time irpon tho reoords aa follows: Jan.
20th, 11808, R. M. Marshall & Bro.,
surrendered for exchange bond No.
1447 for $500, whloh wai exchanged
and In i-hided In stock certificates Nos.
803, 8ft4, and 805, issued In tho name
of M. fe. -White et. al.
?- -
JuU??$2id, 1898, Henry P. Archer
surre?Bfered for exohango bond No.
I035?y $500, whloh was exjhanged
and ?i-pk oartllloatc N J. 91 :i, issued
In that MU a of Henry P. Atelier.
Thr j oovo bond appears a nco nd
tim?T >n the reoords as follows: Jan.
lltb Ol, lt. M. Marshall & Bro.,
surrt red for exohange bond No.
1035 8600, which waa exchanged
aud'. t certificat N 3. 1068, issued
<n V ma of Rlohard J. Morris.
ff *?
' HOLD YOUR COTTON.
Fourtoui It masons Why tho Farinoro
HhnuUl Do Ho.
Thel following circular from Mr J.
E. Wannamaker, President of the
O :angehurg County Cotton Associa
tion will be read with Interest.
Farmers, hold your cotton for high
er priooK l
Because it is worth ll couts or morel
Beomse lt ls bound to sell at much
higher figures!
B'.?cause the man who makes the
cotton should help to make the price!
B.cause trade is broad and strong,
and record breaking as to textiles!
Beoause the mills aro making mon
ey on basis of 11 cents and 12 cents
cottoi 1
Beoiuse the world nocdslevory balo,
%nd will takelt greedily at ll cmta if
we would hold tlrml
Beoause wo are no longer slaves to
tho north, but free people with our
banks full of money, and the merchants
aud bankers at our backs!
Because wo live In a rooord-b) eak
ing ago, and the present ootton crop,
whloh has matured and opened unus
ally early, will be found to bo very
short, when tho world wide and un
precedented demand for cotton goods
ii considered!
Became the farmer needs the mon
ey, and deserves lt more than tho
sp( dilator !
Because money don't buy as much
now as formerlj !
Beoause everything the farmer buys
ha? gone up hi pries, why not cotton!
Because the Southern Cotton asso
latlon has fixed tho price for good
cotton at 11 conts, and this associa
tion ls lighting ourbattle, and has put
millions of del ara in tho pockets of
southern people !
Because we should be true to south
ern manhood and the southland!
Because If we show the whlto feath
er and soil, we will felt Uko kicking
ourselves out of sight when cotton Is
selling at 11 oonts to 12 1-2 per pound!
S .and pat for 11 cents!
J. E. Wannamakor,
President Orangoburg Cotton Associa
tion.
Ho Mount If
The Anderson Intelligencer says:
"OJV. Hey ward's eloctlon to tho presi
dency of a large warehouse company
emphasizes hts statement made Homo
time ago that ho would retire from
politics at the end of his present term
as govornor. His tenure of thoexecu
tlvc ellice has boen marked by a com
mendable firmness In dealing with
rlltfloult publie quesMons,ahd there ?re
thousands of people over tho State who
will receive his announcement with
regret. His administration bas been a
suooesful one, and on more than ono
occasion ho has displayed an admira
ble spirit In enforcing the laws of the
commonwealth in tho faco of an un
friendly public sentiment."
dov. HoyWArd In Allantr.
dov" Hey ward was tho guest at At
lanta of Gov. Terrell on Friday and
Saturday last upon tho ocoaslon of
President Itoosev.lts visit to Atlanta,
ile was presontod to tho prosldont by
Georgia';. C'lloi executive and had a
prominent part In the reception accor
ded tho distinguished visitor. Gov
ornor Heyward recently advised Gov
ornor Torrell of bis purposo to visit
Atlanta to confer about the disputed
boundary line between Georgia and
South Carolina, and at the Invitation
of Governor Terrell ho agrood to re
main over !n Atlanta and moot Pres
ide nt Rjosovolt.
AT OLD HOME.
President Roosevelt Visits the
Home of his Mother at
TOWN OF BOS WILT , GA
Thc President Started on his Southern
Tour on Last Wednesday Prom
Washington, and Is Royally
Received Everywhere Ile
Has Stopped. Made
Several Speeches.
President Roosevelt began his
Southern tour on hist Wednesday
morning Ia the partv were Mrs.
Roosevelt, ?Secretary William Loeb,
Jr., Dr. P. M Rlxoy, Burgoon gorural
of the navy, John A. M 1 henry, of
Louisiana, a member of the Presi
dent's regiment of Rjugh Riders,
John C. Greenway, of Michigan, John
S. Elliott, commissioner of tlie Inter
ior for Porto Rio11 M. ?. Latta, and
John L. McGrew, stenographers;
Henry A. Strohmaycr, photographer;
Col. L. S. Brown, general agent of
tho Southern Illilwa} ; representa
tlve3 of the three press assoolatlons,
two secret service cithers and a corps
of messsenge-rs.
Tue Hf St stop was mide at F;oder
lcksburg, Va., where the party was
greeted by a large orowd. The next
stop was afc Ashland, Va , where
again the president was heartily wel
comed by a rousing crowd. At both
places tho president made short
speeches from the rear of his car. At
Riohmond, Va., he was received with
great pomp and ceremony by the
citizens; tho streets were literally
orowded with people, who seemed o -
tormlned that lt dimond would do
her full share towards entertain1' >,
thc President and miking him feel a
home in the South. Ile made a i p c
complimenting thc Confederate t?o<
1er very highly.
IN NOKTU OAUOMNA
The llrst stop tho President made
In North Carolina was at Raleigh,
whore he was royally entertained
Thousands of people met the train
and tho greatest enthusiasm prevail
ed. At Charlotte an immcusa orowd
wore at tho depot when tho train ar
rived. The orowd was so great that
fully 10,000 were donled the privilege
of hearing him. He created the wild
est enthusiasm by reforring to the
Meoklenburg Daolantlon of ludepeu
detoi, Mrs. Stonewall Jaokion, who
lives hero, and Lieut. William E
Shlpp, a monument of whom he pas
sed en route to the park.
MUKT8 MRS. STONEWALL .1 ACKSON,
Tne feature of his stay here was
his meeting with the widow ot Stone
wall Jackson. Mrs. Jackson lives lu
a stone's throw of thc station and she
was present there when the train nul
led In as tho head of a company o'
ladles appolutod hy Mayor McNinc ?
to receive Mrs. Roosevelt. When he
was Introduced betook her hand and
remained talking for fully live mlnu
tes. "Mrs Jackson, you do not know
how glad I am to meet you.
What! the widow of the groat Stone
wall Jackson. Why lt is worth the
wholo trip down here to have the
chance to shake your hand." He re
ferred to her grand ion, Jackson
Christian, whom he appointed to a
cadetshlp at West Point. Ile ls a
mighty tine fellow, Mrs. Jackson; a
mighty line fellow, by J.?ve."
uKAoiiKs ATLANTA.
Thc President's visit to Atlanta
Friday was a marked tvont In the
history of tho Slate of Georgia. He
was greeted on his arrival by her
most distinguished citizens and
through the day on every hand were
shouted words of wolojme that left
no room for doubt of their slnoerlfcy.
Theoity was In gala attire ana busl
ness was praotoilly suspended that
all mlgnfe greet tho distinguished
guest. South Carolina, In the person
of Gov. Hcyward, added Its welcome
to the south In no in certain tones
Numerous extra trains brought their
burdens of Georgians from thc sur
rounding country and cities, adding
tothecltlzm attendance and lt was
estimated that not less than 100,000
persons saw and welcomed the
president.
HI? MOTlUCU's IIOMIC.
President Roosevelt Friday carried
out his long cherished plan of visiting
tho home of h's mother-Roswell, Ga.
Ono of lils reasons for coming south
was that he might see the old homo
stead where his mother spent her
girlhood and which sho left a happy
bride. That the visit was fraught
with many tender recollections was
evident, and as his c irrlagc drove a
way from the old Bulluoh mansion
where lils mobber lived and married,
the president murmured to Mrs.
Roosevelt, "I can hardly 1 ave boro. '
Thc president roached Roswell at 1 HO
o'clock Friday morning and va = j lined
hero by Senator and Mrs. Clay, who
woro his guests at breakfast. Ile
then or. t ?.reel a carriage and was driv
oli to tho mauslon. This linc old
homestead ls now theproorty of J. I).
Wing, a lumber merchant of this seo
Mon, who lives in lt with his slstor,
Mrs. Wood, tho post master at Ros
well.
WKI.coMKl) HY A STUDENT,
From the homostcad the president
was driven to tho town park, where a
stand had boon erected from which
he delivered an address. Ho was wol
o.imod to Roswell by Charles M. Reed,
a student of Mercer university, who
In tho course of a well chosen address,
said the only reason ho could sec for
tho selection of himself tn deliver thl8
wolcomo was beoause of tho president's
woll known fondness for having young
mon identified with publlo nlTilrs.
Senator A. S. Clay Introduced tho pres
ident, who was enthusiastically greet
ed as ho arose to spoak. Ile said:
"Sonator, ar.dyou, my frlonds, whom
lt is hard for mo not to oall my neigh
bors, for 1 feel as If you were:
" You oan havo po Idea of how much
lt means to me to carno back to Eos
well, to tlie home of my rn thor and
my muther's people, and to Bee the
.pot which I already know HO well
from what my mother and my aunts
told me. lt bas been exactly as if I
were rc-vlsltirg some old place of my
childhood. It has meant very muoh to
mo to be lutroduoed by Senator Clay.
Senator Olay bas been altogether too
kind in what he eald about me. N nv
I am going to say nothing whatever
but the bare faots ab< ut Senator Olay,
aud thete facts amount to this: If tbe
average man I bad to deal with rv
public life po messed Senator Clay's Urn,
devotlou to what he deems right my
task would bo so easy that lt would
not be worth mentioning. I havo goi e
to Senator Clay for advice and counsel
and help ever since I have beea lu
Washington, junia* 1 went to Senator
Cookrell of Missouri while ho was in
the senate, with thooertalnty that al;
I had to do a o convince him that
what ho w nt.dd mo was right-1
oould not always oonvlnco him-but If
I did conv ..ce him that was tho end
of it-ho went that way.
ms KAKLiesr RECOLLECTIONS.
' O i my friends, I hardly like to say
how deeply my iiearb is moved b>
curring back boro among you. Among
the earliest recollections I have aa a
child ls hoaring from my mother and
my aunt, Miss Annie Bulloch as she
was theo, about Roswell; of how tht
Pratts and Kings and Dan woodya aud
bul lochst carno here first to settle,
about the old homestead, thc house on
the hill, about thc C.iattahoocho,
about all kinds and sorts of Incidents
that would not Interest you, but Inter
ested mc a great dial when I was a
child.
"I wish I could spend hours here to
look all through and see the different
places M? ul, which I have hoard all
kinds o? Incidents. All those anecdotes1
looking back now. I cm see, taught
me an onormous amount, perhaps ali
the more because they wero not lu
tended toteaoo anything. I think per
haps we are very apt to learm most
when neither we nor the people talk
ing DO us intend to teach anything. If
anybody starts to teach us something
NO are a little apt to resent lt and as
lume a rather repellent attitude. All
v oso stories of tho lifo of those dayh
taught me what a real home life, a
'.;a-l neighbor lifo, was and should bo.
Looking back now at what I learned
jim ugh the stories of the ohlldhood
of my mother, my aunts, my uncles, 1
"an understand why the boys and girls
of Boswell of that timo grew up to be
men and women who wore go -d ser
vants of the comixitinity, who wert
good husbands, g >od fathers, gooo
wives and mothers; how it was thal
they learned to d > their duty aright 1
In peaoe aud lu war also.
"It has been my very great good
fortuno to have the right to olalm that
my blood, ls half southern and hall
uartheni, and I wooli deny the right
( ny man here to toel a greater prJde
In the deeds of every southerner than
I feel. Of the children, the brother*
and sisters of my motlier who wore
born and brought up In that house
ou tho lilli there, my two uncles after
wards entered tho Confecierato ser
vci and served in the Confederate
navy. Oao, the younger mau, served
ou thc Alabama as the youngest otb
cer aboard lier. Ho was captain of une
of her broadside 32 pounders In her
li lal tight and when at the very end
the Alabama was sinking and the
K earsarge passed under lier stern and
caine up along the side that had not
been engaged hitherto, my uncle, Irv
lng balloon, shifted his guu from one
side to the other and fired the two last
snots tired from the Alabama.
A PROUD KINSHIP.
"Jas. linnwood Itu hock was an ad
mlral in the Confed?rate setvlcc. O.
all the peoplo I have ever mot he was
the ono that carno nearest to that
beautiful creation of Thaokery-Col.
Nowcome. Men and women don't
you think that 1 have the ancestral
right bo claim a proud kinship with
those who showed their devotion to
duty as they saw the duty, whethei
tliey wore tuc gray or whether they
wore the blue? All Amer loans who
are worthy tho name feel an equal
pride in tho valor of those who fought
on ono side or the other, provided
only that e?tc:i did with aU his might
and soul VH\ mind fps duty as lt was
given him o sec his duty."
The pre?, dent nt xt was driven to
the old Presbyterian ohuioh In willoh
his grandfather, James Bullock, was
once a leading member. Mr. BullOOh
dropped dead in this church while
I teaching a Sunday school class in 1840,
and among those present in the
church tod ly wero throe members of
that class who wero present ut tht
time. Tiie venerable pastor of the
church, R-.y. Dr. W. E. Bakor, offer
ed prayer und tho president and Mrs.
Roosevelt 'dion shook hands with a
number of tho townspeople, many of
whom had known the prosldont's
mother. On the way to the train
tho president stopped for a moment
at tho home of Dr. Baker, where he
met tlie pastor's wife, who was one
of his mother's bri *h sm aids.
In the escort, which oonduoted the
president from lils train to thc dlffor
ent points he visited, was Warren K
Crockett, who was a member of Col.
Roosevelt's rcKlinout during the Span
ish war. Tho recoptlon of tho presi
dent at tlie old home of his mother
was a cordial ono. Tho people greot
od him both as president and as thc
son of ono cf their neighbors. Many
were Mio kind references to his moth
er from thoso who know her and
many wero the expressions of good
will toward her distinguished son.
Plie presidents train left for Atlanta
shortly qefore 10 o'clock.
A Itartt .lah.'
The Newberry O oser vt r says farm
ors will have to protect their farms
and their labor from the blind tiger.
They tun do lt, but lt will require
very positivo and determined action.
Herein ls one of tho great bcntlts of
noighb irho id control, whie'.i can be
secured by the organization of law
sad order leagues in the soveral seiiool
districts.
lim iu d to Dentil.
A negro child was burned to death
on Thursday In York county, havlug
boon loft alone in tito houso while its
parents wero out cotton-ploklns.
And two Others in tho same county
were burned o death under similar
circumstances on Saturday.
A SAD TALE
Of the Sea Told by Two Survt
vors of a Shipwreck,
BEATEN TO PIECES
Off the Coital of South Carolina, Sk
Members of a Schooners Crew
Pound Qravea In the Deep,
After Many Days of Most
Terrible Suffering.
A story of a North Atlantic ship
wreck, lu which eight seamen suffer
ed so fearfully from exposure, hunger
and thirst that six of them either
died outright, wore washed away, or
crazed by their fearful experience,
throw themselves into>he Bea, was
told by tho two survivors of the
coasting Bohooner Van Name and
King, of Now Haven, Gonn, which
?vas beaten to pleoes by a gale off the
South Carolina coast on October 6Dh.
The two men w.io lived through
the five days and were rescued by the
sohoonor Stillman F. Kelly, whioh
arrived at boston, Mass., on Tuesday
of last week, are Wm. Thomas and
Wm. G. Warner, both about 29 years
old, six feet three Inches tall, and
nail from Antigua, British West In
dies. Toe six who, one loy one, suc
cumbed, were Capt. Wm. A. Max
woll, of Now Jersey, Mate E. A.
Cbase, homo unknown; engineer, a
German, name unknown; colored
steward, name unknown; colored sea
men, Wm. Grizeil and Alfred Arthur,
both of Jamaica.
Tho Van Name and King, whioh
aa* been plying up and down the
coast slnoe 1880, left Onarleston, S.
C., for New Yjrk on Oot. 3, with a
oargo of hard pine. Two days later.
?he ran into a heavy gale and af tel*
wallu wing a? ait lu the great seas for
several hours sprang a leak. The
pump. were started, but within a
short time the engine room was flood
ed and the pumpa choked.
At t? o'clock ou tho morning of Oct.
0, with her hold nearly full ot water,
>;ho little schooner was hove down on
her beam ends. The orew clamored
up on the weather side and lashed
themselves to bulwarks. There they
remained washed by the seas that
h -oleo moro!lowly OYor them all day
F/lday.
That night the storm inereased in
fury and ono great wave orashed
ab >ard, breaking both legs of Seaman
Arthur and sweepiug Grlzell from his
i a st-, ninga. Arthur's companions
could do nothing to ease his suffer
ugs, but when on Saturday the
lonooner turned completely over they
managed to out his lashings and drag
ulm on a picoe of the after house, lt
wa* several hours before they were all
huddkd together on their little raft. .
That night Arthur died in the arms
3f Capt. Muwell and his body was
d opped ovorboard. Sunday brought
a ray of hopo, when a oraf t was sight
ed but the gloom shut In again as she
passed by without heeding the little
group of seaman who wore frantically
dgnaillng her. That night the waves
abdded and a little ratn fell whioh
?vas eagerly caught In a tarpaulin and
brought some slight rollef.
lt was only temporary and not long
ifto Male Chase's mind gave way en
tirely and the oraft was again light
ened when he jumped Into the sea,
Tee next victim was Capt. Maxwell
who on Monday forenoon became vio
lently Insane and followed his mate's
example of .sols- destruction as a relief
to his sufferings. The spectacle of
two mon throwing themselves into
the sea proved too muoh for the Ger
man ongineer and a few hours later
ne, too, leaped to his death.
The last victim was the colored
steward, who died Monday night and
whose body was consigned to the wat
urs by the two remaining seaman. He
il of oame 12 hours later when the
?iohoonor Stillman F. Kelly, bound up
tho coast from Od>lon, G;orgia, to
this port, sighted the little oraft and
hove to alougsido.
Both Thomas and Warnor had to .
be taken off la slings, and for two days
were unablo to move. The rescue
took place off Gape Lookout. Tue
Kelly arrived thia afternoon but the
seamen wero still too exhausted to
land._^_
A. Dynamite Outrage,
A c \argc of dynamite, exploded lr.
tho doorway of the grocery store ef
Antonio Girbalvo, at 13 Stanton
street, on tho Eist Side, New York,
early Wednesday morning, wrecked
the lower hali of the front of the buil
ding, shattorod windows in the tene
ments abovo and threw into a panic
bund reds of tenants In the ueighbor
nood. No ono was seriously tn j urod.
Too outrage is boilovod to have boen
di rooted agalusa Garbalvo, who with
nis two sisters, occupies Hying rooms
at thc rear of the store. Garbalvo a
week ago rf odved a Blaok Hand let
ter demanding $1,000?_
1)led?t lils l*o?t.
Felix King, son of a wealthy New
York man.diod Wednesday night at
tho Marino hospital ab Memphis
Tenn King was a Mississippi river pi
lot and was strickon while at the
whcol of the government steamer
Parker. Ho leaves a wife and son
herc In poverty, though hi? widowed
mother and a married sister In New
York and two brothers In Dotroet are
said to bo wealthy. Out off from his
own aots, King rofused to Inform them
of ivis wants and was tended and bu*
ried by tho government he served.
His wife hopes to find the New
York address of his relatives.
Mutinous Htokors.
Thirty-three firemen oi the white
tar lino steamer Oceanic were arrested
upon tho arrival of the vessel at Liver
pool, oharged with oomblnlng to r*
iuHo to obey the masters command,
have boon sontenocd to seven days lm?
prlsonment