The Barnwell people-sentinel. (Barnwell, S.C.) 1925-current, November 10, 1932, Image 4
-4‘ 9
PAGE POUR.
\
1HE BARNWELL PEOPLE-SENTINEL. BARNWELL, SOUTH CAROLINA
THURSDAY, NOVEMBER 10. 1932
Depositors of Bank
Are Suing for Funds
Wottk) Set Aside Judge Dennis’ Court
Order for Disposal of Stockhol
ders’ Liability.
Aiken, Nov. .'1.—Involving the amount
<of stockholders’ liability collected by
T. G. Tarver, receiver of the Bank of
Western Carolina, and contending
that this amount, $K < .),7!M.H1 1 should
bnvr been kept separate and used J'yi
no other purpose except for dividend
jMryments to depositors, a suit has
Issrn brought by certain depositor.-
and complaint was served on Mr. Tar
ver Wednesday.
The suit is brought by VV. O. John
son and John It. Jordan as receivers
of the Gaston Bank and Trust com
pany; George 11. Leitner, R. G.'Tar^
rant and R. L. Gunter as tiustee.s of
tin- Aiken hospital; W. P. Bowie.-, C.
J. Weasels, estate of B. It. Randall by
Mr-. Marie Moseley and Mi's. Ktta
Uaigler, in their own behalf and in
bebalf of nil other stockholders of the
Jiank of W estern Carolina who may
desire to eome into the proceedings.
It. is set forth in the complaint that
the Bank of Western Carolina closed
doors October 19, 1931, and re-
vtru? s the appointment of Mr. Tarver
as receiver as likewise the authoriza
tion given him by Judge E. C. Den
nis to liquidate the bank on the ex
change plan. The complaint further
uXnrev- that Section 1H of Article 9
*>f the constitution of the State of
Sooth Carolina provides for the pay
ment of stockholders’ liability, and
vyuotes the statutory law to the ef
fect that "all such funds received (in
.rtDekholders’ liability) shall be kept
as a separate fund to be paid to the
«k*positor» solely.”
Stockholders’ liability in the Bank
wf Western Carolina amounted to
4120,.‘UH), of which, the complaint al
leges the receiver ha- collected $H9,-
Growers Advised to
Pool Their Cotton
General Manager of S. C. Cotton
Growers Cooperative Association
* •
Cites Advantage-.
■ i»an Bickley, of Lexington, South Carolina, and his ten ears of
corn exhibited at the annual state fair at Columbia recently. For
the fifth time ,oung Bickley is also winner of the 4-H Boys’
Corn Club prize as well fts first and second in open competition.
Daii used . M’ pounds of S-4-2 at planting and sine-dressed his pri/.e-
winning acre with 100 pounds of Arcadia Nitrate of Soda. In 1927
and 1930 this young farmer was champion of the eight Southeastern
states of V :inla. the two Carolinas, Georgia, Alabama, Tennessee,
Mississip. 1, and Kentucky, and was awarded Um Southern Rail
way trophy cup.
2S7.A1, leaving a balance due of $199.- t . umlK ,,. s 10( , () ptnlnd| , of 7 . r> _ fi-
50ti,19 with interest, yet to be col-
Ireted. It i s the contention of the
plaintiffs that the said liability < f
42*9,300 accrued and became a fixed
liability payable to the depositors on
the 15th day of October, 1931, and
fbat the depositor- of that date with
«ts amounting to $2,287,914.32
own the sum of $89,783.81 of
tkr stockholders’ liability a- collected
lij the receiver, which, it is demand
ed* .-hall become immediately available
1* the depositors in dividends.
ft i s alleged, however, in the com
plaint that the receiver makes claim
of about $59,590.43 of the receipts
from stockholders’ liability and ha*
(pspused of the major pi rtion of this
Ajaoant a s a part of the general as-
?jet ; nf the Bank of Western Carolina
vniler a provision of a court order of
tatii n of IKK) pounds of 7-5-5. Cu-
Let-
tuce, 200 pound- of 7-6-8. Tomatoes,
1620 pounds of 7-4-10. Turnips 1040
pounds of 6-5-7; and spinach 1500
pounds of 7-8--6 pounds.
Five or six years ago. a que-tion-
aiie of this kind sent to the truck
farmers, would have .come back an
swered, about as follows: "I u-e 2000
pounds per acre of 7-5-5 on practkykl-
ly all of my truck crops.”
Therefore, the answers given in the
1932 questii naire are not only inter-
e-ting from the standpoint of differ
ing from the old truck crop analysis,
but they show that the truck farm-
eis are really doing some intensive
thinking as well as some intensive
planting.
Some of the answers showed le-
markable knowledge and tremendous
, jMlge E. O* Dennis authorizing the masoning on the subject of -oils and
transfer and assignment of deposits fertilizers, f or instance, in writing
und incorporating the provi-ion “that il * M ut an ^ ,ls ^ iPotato formula, one
where .-aid deposits aio exchanged fi r farmer stated that he had viewed the
assets i f the bitnk the original do- var * m ** sign- of magnesia and potash
pus-tor or his a-signee or assignees hungei »n crops throughout the
sburt have no further interest in the Stall ‘> J,n<l ,,n ,ht> experiment
assets uf the bank or the .stockholder-’ station r,t “ ,,,s during the past two
liability to dep. sitoi s.” The plaintiffs summer.-, and had trjed to counter
acted that Judge Dennis exceeded avt thi ' v deficiencies on his own crop
bu- authority in issuing the said court
by the use of a material containing
i rrler, an<l the complaint demands * >( dh magnesia and potash. (Sulphite
that this court order be set aside. . I P°tash, magnesia.)
The receiver of the B:\nk of Western »<>iiced the, same signs on
Carolina found it neee.-saiy in the hi ' P° tato tro P ,f 8t spring that he
trwrso of liquidate n to make a-e of savv (,n cotton and cc rn. and had u-ed
*. wait of the collections from stock- th<> combination of magnekia and
hwlikTif liability t » protect assets of P ,,tas h at that time, leaving a small
ihe t»ank in the* inteiest cf the de- a,t>a ^' s held untreated. I he re-
re-itors, for the paynwnt of taxes. sults wele VtM ‘. v out-tanding. and the
Mr. and Mrs. L. t'. Pi ice and little
-on, C harles, are visiting relatives
and friends in Columbia.
Selwyn Thompson, of The Citadel,
was a week-end guest of his par
ents, Mr. and Mrs. H. M. Thompson.
George T< ole and Tommie Scott
left last week for an extended visit
to the former’s uncle in Tampa, Fla.
Mr. and Mrs. T. M. Willis spent
Sunday with Mrs. Sawyer, Mrs. Wil
lis’ mother, in Johnston.
Mrs. G. W. Whitaker and Mrs. A.
A. .Lemon, of Barnwell, attended a
meeting of the Red Cross in C’olumbia.
Dr. and Mrs. J. L. Smith and Mr.
and Mrs. Q. A. Kennedy left Thurs
day morning C r a trip thiough Geor
gia and Florida
Mrs. A. M. Kennedy entertained
for her house guest, Mrs. A. L. Izlar,
of Chaileston, with several tables of
0
contract bridge this week. Mrs. Izlar
was also honor guest at a party given
by Mis. S. B. Ray.
Monday afterno n at 3:30 o’clock
the Working Juniors h id a si dal at
the home of Mr. and Mis. L. S. Flen-
riiken.
“Sell by Smell” Slogan
r
Turns Odors Into Orders
Washlngtoif—Inspired by the slo
gan "sell by smell,” American industry
is seeking and using s<*ft scents, to
overcome-sales reMstancar v »
insurance and other necessary ex-
yewse, and the suit a- brought raises
n, nice point of law. involving a- it
not only the- amount of the
stockholders’ liability as collected but
ado the power, an hority and jui'i--
•Getwn of the circuit judge under
whoso c uit order the receiver has
iv-n liquidating the bank under an
.approved plan which became opera-
r cq mure than debt in nth- ago.
HOPOCATRUC
.By G. Chalmers McDermid.
deficiency was- seemingly controlled
The Pi evidential candidates tell us
that a new .era has arrived, and we
mu-t adjust ourselves to new condi
tion-. This new; era has also arrived
in scientific farming. With the re
markably simple tests used by the
scientists for deteimining . magnes
ium and potash hunger deficioncie- in
our' soils, n > farmer should sutler
trom these iause s again.
The Department of Commerce dis
closed that the scents are proving use
ful in sale of textiles, paper, paint,
rubber, drugs and disinfectants.
Psychologists were asked recently
to determine bow much effect smell
had in breaking down sales resistance.
About .'on hoftsewives. at Utica, N. Y.,
-were asked to judge the quality of
stockings, some of which had been
scented. A large majority selected
from'•the display the stockings which
were scented with narcissus. The ex
periments also showed that men prefer
the aroma of pine.
r
Name Too Hard to Spell;
Man Is Given New One
The usx- rf -sulphate rf potash m.7u-"f ^*in—-IVxas.—Nje Doruru
! ihs:;i or
lime-ton.
Early in October I mailed a quec<-
t «naiie to 35d ttuck farmer- of
SoiiMj. Garolinii. asking vaiious ques-
rns about tin- ercp.< which they
f-Tint. The last question being—
**PVa-e give me your opinhm- a- to
the best fertilization of the follow-
n>g named crops. Answer only f r
nhf crops you grow.”
* ’have tabulated the combined an-
*wers to this question hecau-e I feel
5k»t xvhal the farmers have to say on
fh:s subject i* as neai J right as could
pmssibly be, and the combination of
all answers is about 100 iper cent.
For Irish potatoe- the average fer-
IRtzer recommended wa s 2075 pounds
acre of 7-5-7. For Cabbage, 2136
r^ands of 7-7-5. For sweet potatoes,
GIKUi pounds of 6-4-11; beets 1000 lbs.
trf 7-5-8; and for 1 carrots, 1040 pounds
7-6-8.
of dolcmitic (magfTesui)
i ...... uii our s'. ils, where needed,
is an ea-y matter to determine. Soil
testing kit- are cheap and ate quite
easy to handle. Every farmer should
have one. and .know how to use it, be
cause soil conditi; n< are.different or
almost every acre of your field.-.
Mi st county agents and vocational
1 teachers knew how t » handle these
(outfit-, and they will be glad to show
you how. i-Gall .fiivjjDu.'m and rti^ke u
new start in scientific agriculture t>n
youi own farm.
Social and Personal
News from Williston
Williston, Nov. 5.—W. R. Bell is
in the United States Naval hospital
at Pan'is Island for treatment.
M:sse 8 Leu Belle Scott, Jacque
Davis and Erie Givens entertained
the young set cf the town Tuesday
^ evening with a Hallowe’en party at
Snap bean 8 carried the recommen-' the home of the latter
® *
grieeliia was ju-o plain Nie Doran re-
cently by order of a District court tiered
DonmgriCebia. lawyer and one time
candidate for the Texas legislature,
pleaded before (lie court that tlienaiue
was "dillieuit to spell and projiounce
witbout special siudy.” r riie court
agreed, and also ordered that hence
forth Dorniigriccliin’s wife will be Mrs.
Lucille Doran.
With cotton prices again at disas
trously lew levels, and, at a time when
many growers are finding it neces-
.-ary to meet their financial obliga
tions, the services cf the South Caro
lina Cottoi^ Growers Cooperative As
sociation should be of unustuU Inters
e-t and appeal, according to J. S.
Hathcock, General Manager.
There i s no question, Mr. Ha the
stated, that prices will teact /oon,
and, In all probability, will be con
siderably higher during the late win
ter and early spring. Therefore, it
should be to the advantage of all
grower- to deliver cotton to the As
sociation’s annual pool, lather than
sell under present conditions, and
thereby participate in the average
prices for the year which are obtain
able through the pool.
Special attention is called by Mr.
Hathcock to the liberal advances
which the Association i s prepared to
make on cotton delivered, and to the
extremely low storage, insurance and
interest charges which are appicable
to cotton handled through the Asso
ciation’s headquarters in Columbia or
through local field lepre-entatives or
Association warehouses which are
present in all important cotton cen
ters of the State.
In the opinion of General Manager
Hathcock, an entirely too large 1 an
amount of cotton i s now exposed to
the weather and will certainly be
damaged to the extent of several dol
lars per bale unless properly stored
at once. The unusually wet fall, par-
ticulariy as compared to last year, is
making it exceedingly undesirable
that cotton be left in the open, and
growers are cautioned against a
"penny-wise pound-foolish” procedure
in leaving their cotton subject to
weather damage. The damage will
amount to several times the amount
cf stoiage charge- necessaiy to pro
perly protect it.
According to Mr. Hathcock, the
Association is now receiving approxi
mately one thousand ba!e s per day
and is contemplating one of the best
year- in its history. No grower,
under present conditions, should fail
to give caieTul consideration to the
advantages of handling his cotton co
operatively.
Investment in a
Electric Refrigera-
IT WILL PAY YOU
DAILY DIVIDENDS IN
HEALTH, HAPPINESS
CONVENIENCE AND
ECONOMY
V
Start now to enjoy the benefits
this refi igeiator will bring to you
and your home. It’s moderate first
cost will be soon forgotten—it’s won
derful advantage.- and conveniences
* t
never forgotten, so surely does it win the admiration and, ptaise
*
M its users.
Visit our stone and let us show you the "G. E.” display today.
Only $9.95
Down—30
Months to
Pay Balance
The average
prioe of electricity in the homes seived
by thL- company
is only 11 cents per day.
•4
E. L. GODSHALK.
Vice Pie-/ and Gen. Mgr:
———*
; r v —
y'
South ^Carolina
POWER COMPANY*^'
J. W. RUFF, Local Manager
i /
, it.. • ' 7
War Rages for Year;
News Now Leaks Out
Loudon.—In an immense coun
try of 462,200 square miles a
tierce civil war has been raging for
the lust year, and only now has
ihe news reached-the western
world.
Tjie country is the least known
in the world—Tibet, land of Im
passable mountains and inscrut
able human mysteries.
Recently news reached here of
desultory but violent clashes
which have taken place between
the Lamas—Buddhist leaders-of
the Derge and Bara monasteries.
mm MEN *—* Here's Value
OpThi's Adv.
This Adv. and
Entitles you to a
Durham Duplax
Safaty Razor with
ono now Gold
Star Hollow
Ground Blado
and improvad
Trtplo jrGelral
Platad Guard.
Try the Blade
Man Swear By
— Not At „
Modal No. II. Tako tha above coupon
to your local doalor. If ho cannot supply
you, mail with ‘25c to
DURHAM-DUPLEX
RAZOR COMPANY
Jeney City, New' Jersey
nhe Blades ’Men Swear By-not Jt
For SHAVING SATISFACTION
and ECONOMY! '
^ . r * , . ' , • IU . n
Now use the new Durham-Duplex “Gold Star
Blade”! Keen, strong, long-lasting. Look for the
Gold Star on each package. Here is what it guarantees
• in every blade:
★ FINEST STEEL
Selected by leading metallurgists, as the best obtainable for safety nuor
blades. Pure and CLEAN—a triumph of metallurgy. (INSPECTION for
uniformity^. ^
★ OIL TEMPERED
HARDENED .. then tempered in oil bath. This gives springy, resilient
quality necessary for long-lasting edge. (INSPECTION to insure
correct temper).
★ HOLLOW GROUND
A safety razorbrade^fTirckenou^Titobeholtow-grouTirlrhosameaTa
barber’s razor. Gives more backbone to shaving edge. (INSPECTION of
... bevel edges for uniformity). '
A SOAP HONED
Individual honing in soap... the barber’s way! Pure olive-oil soap used
. °n special hones. (INSPECTION for fineness of actual shaving edges)
★ LEATHER STROPPED
Each blade (both edges) stropped by 1,000 feet of shell horsehide strops —
same action a| used by barbers. (INSPECTION of shaving edges micro
scopically before final tests).
★ HAIR TESTED
Six places on each edge of each blade must cut a human hair. Test performed
by hand —not machine. Then sterilized, rust proofed. Also sight test and
final microscopic test. — ’ '
★ PROTECTED EDGES
★ Each blade suspended on tabs to give absolute edge protection Edges cannot
touch wrapping material. Wax-aealed in air-tight paraffin wrapping.
★ NEW PROCESSING >
t AH methods keyed to latest standards. Automatic manufacture with indi
vidual inspection of each blade insures uniformity.