The Barnwell people-sentinel. (Barnwell, S.C.) 1925-current, November 16, 1933, Image 2

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

v: .» * »i.. i HT.» 1 f AGE TWO. THE BARNWELL PEOPLE-SENTINEL, BARNWELL, SOUTH CAROLINA YfttfRSDAY, NOVEMBER 16^1933 S n* » Shirley Poirier Depicts Spirit Of Junior Red Cross in Movie reasonable and permanent prosperity, he Vras rejecting what experienced business men realize, what some of his advisers have overlooked. Card of Thanks. V • i I wish to thank my many ftrends for »their many kindnesses and ex pressions of sympathy during the illness and death of my beloved wife, Mrs. Ethel Baxley Haitzog. May God bless each and every one of them. J. B. Haitzog. ADVERTISE in The People-Sentinel. Legal Advertisements V Notice to Prove Claims. Dollar Control Is Answer to Critics Gold Market Serves as Compromise Between Inflationb-ts and Con servatives. Washington.— The announcement by the President of a fixed podey of Governmental control of the dollar in international trade has brought great satisfaction to the more statesman like among hi.< advisers and friends, who have long been convinced that no program of domestic recovery could be carried on successfully un less world prices and world currency conditions were taken into considera tion. Notice is hereby given to all per sons holding claims against the estate of W. R. Black that a Reference will be held m the Probate Court for Barn well County, at 10:00 o’clock in the forenoon, on Tuesday, November 2L c t, 1933, for the purpose of filing and proving ail claims against the estate. W. J. LEMON, Admr. Estate of W. R. Black. ■ ■ Bank of Western Carolina Proceeding nate two appraisers to be appointed by me, who, together with 1 appraiser selected and appointed by me and who must be an experienced'and successful business man, shall set a faircash value on all the assets of the Bank and the liabilities of stockholders not yet col lected, the majority in numbers of dollars of deposits and claims repres ented at said meeting, in person or by proxy, to control; and notice is here by also given that the said report of said appraisers will be filed .in my office ten days prior to .said reference and shall remain on file with me sub ject to inspection by all interested par ties as above defined, during which time interested parties may file w/ith the said Master exceptions to the said appraisa 1 . (5) That on the fifth day after the filing-cf the Master’s Report this entire matter will be heard by such Circuft Judge at such time ®nd place as may be announced by the Master on the last day of the reference, he then also announcing when the .*aid report will be filed with the Cleik of this Court. EDWARD S.,CROFT, ’ Master for Aiken County. m Notice in Bank of Western Carolina Proceeding. • / ' «• Pursuant to order cf the Court of the 4th -day of December, 1933,' ($500.00) dollars, j&yable 0ct - l* 1930 ’ ate in the world gold market and i take the first step toward a managed ] Pursuant to order of the Court of currency, amounts in effect to the Common Pleas for Aiken County, Common Pleas for Aiken County in establishment of a dollar equalization South Carolina, in a proceeding en- the matter of the liquidation of the fund, to counteiact the effects of the | T. G. Tarver, As Receiver of the Bank ot Western Carolina, notice is sterling equalization fund. And we Bank of Western Carolina, Petitioner, hereby given to creditors and deposi- have the advantage of having a lot more gold of our own to play with. It he - now become quite clear that gold hereafter will be used only as a * In RE: J. Ernest Thorpe, et al., P:ain- tors of said Bank or a hearing to be tiffs against Albert S. Fant, as State held by the Master for Aiken County Bank Examiner, Bank of Western at the Court House in Aiken, South Carolina and ethers, Defendants, Carolina, on the 4th day of December, measure of value in international NOTICLi IS HEREBY GIVEN PUR- 1933, c:mmencin B at eleven o'clock a t„de. It also has become quite clear SUANT T0 OKDt:R 0F SAID. m., for the purpose of obtaining/n that ultimately the dollar will be given a new value in terms of gold. Mr. Roosevelt made that ft definite pro nouncement, or what amoynts to that, wlten he said that the dollar will It is one thing to talk of raising the prices of commodities in our normal level. With foreign trade home markets, and quite another thing prices under control, by means of COURT: » ! order of the Court fixing comngtrsa- (1) That this is a proceeding ticn for J. Cox, Hendersorfs and brought by the Receiver of the Bank Salley, and Thos. M. B:ulware, for of Western Carolina to obtain an ad- their services as attorneys for the judication by the Court as to whether ( undersigned Receiver, including the be eventually stabilized whenever or not il would be to the inter - Ending up of the iWeivership, ccn- commodity prices reach the proper est of the depositors and creditors of tingent upon, the cgfisummatron of a level. The present commodity prices the B , ank of Western Carolina for proposed sale in b*lk of the remaining are only about 70 percent of what the ^ ^luaining assets of the assets of the Administration regards as the proper on same being salesday in s4id month, to the^ highest bidder, the follqwing described premises: All that certain lot of land, with the improvements thereon, situate in the towrn of Blackville, County of Barn well, State of South Carolina, measur- ipg one hundred and twenty feet on its northern and southern boundaries, and two hundred and ten feet, more or less, on its eastern and western boundary lines, and hounded as fol lows: North and East by lands now or formerly of D. P. Johnson and lands of H. H. Delk; South by Dexter Street, and on the West by lands of Mrs. Daisy Walker, being the same lot on which H. W. Delk’s dwelling house is located in said town of Black ville. * • ■ , 0 Terms of sale, cash,' purchaser to pay for papers and Revenue Stamps. And that the purchaser, other than the plaintiff, deposit with the Master Two Hundred Dollars as a guarantee of good faith to comply with his bid, and if such purchaser shall fail to pay the Master the -aid sum of Hundred Dollars that the Maste forthwith proceed to se-sell the said premises at the risk of the former purcha-er, and if for any/reason the sale cannot be had, then the premises he sold , on some subsequent sales- day and that m-tne event the pur cha-er should far! to pay the balance of purchase once within fifteen days from the dgte of sale, that the two hundred /dollars so deposited \yith the Master shall be forfeited as liqui dated/damage? and the said premises be/((pld on some subsequent salpsday on the terny and conditions of this decree. / G. M. GREENE r * Master for Barnwell County,. MASTER’S SALE. secured by his chattel mortgage on cne bay horse twelve years old, named Bob; one black mule twelve years old, named Jane, one two horse wagon and all crop or crops grown or to be grown ddfirttf'said year on tract of land situ ate in said county known as the Man ning Place and containing seventy (70) aces, more or less, said ctcp< consisting, among other things of cotton. ' (e) Thirty-two (32) bales of lint cot ton, cr the warehouse receipts cover ing same. ‘ / Terms of sale cash, pht^chasc^ to pay for papers and Revenue/Stamps. And the successful biddeyhther than the plaintiff or his atu/ney, and all ether persons, exeeur the plaintiff, who may thereafter raise the bid as provided by la\v/^o make a cash de posit of five (5^>er cent.) per cent, of the bid as e^Tne t money or evidence of good f^un. The deposit of the last highqXhfdder to be applied upon the bid/sherdid there be a compliance with ; and that, if the person mak- the highest bid at the sale, other tj(an the plaintiff, fails to make such deposit at the time of the acceptance of his bid the mortgaged premises shall be re-^old on the same salesday upon the ame terms at the risk of such bidder. And so from time to time thereafter until ccmirliance shall be secured, and if the last highest bidder fails to comply without lawful excuse then his dtpa-it shall be re tained by the Master and forfeited to the plaintiff as liquidated damages. G. M. GREENE, Master for Barnwell County. MASTER’S SALE. to raise those prices when they are dependent upon selling our commodi ties abroad. And in the case of the principal agricultural commodities, a large part of our production must be sold abroad. Half of our cotton, a third of our wheat, nearly half of our corn, in the shape of lard and hog products, and an even greater pro portion of some other farm products must find their market in Europe*, Asia and South America. And so long a- the dollar was maintained at the old gold value, while all the other nations were depreciating the gold values of their own moneys, the prices of our goods tended to get lower in terms cf dollars, higher in other cu: rencies. Dollar and I'rices. We had a little ta.-te of what these international prices t meant, last Spring, when the President declared an embargo on gold. Immediately the dollar began to drop in terms of the pound, and other foreign pioney, and world prices—and our dome-tic prices —of wheat, cotton and other products went up in terms of dollar-. And whenever, since then, the dollar has risen in its foreign exchange* value, prices have dropped. It is easy to ask why the dollar ha- not found its natural level in foreign trade, but the answer, not yet fully understood by sotne conservative financiers, i- that it is not to the in terest of Great Britian to let this country gain any advantage in for eign trade, and the government of b ngland has seen to it that whenever ’he dollar began to drop a point be low that of the pound sterling, steps were taken to send the price of the dollar up again. Thi- has been done by means of the sterling equalization fund, opeiajting in the world money nvsu keU, managed bje the -Bank ■ ■ of England in collaboration with the British Treasury. Whenever the dol lar gets too high to suit the British interest-, the equalization fund goes into the world markets and bids it up. Our Move Now. So far nothing ha s been done by the United States t:> offset this. But Mr. Roosevelt’s announcement that the Federal government will estab lish its own free gold market coupled with the declaration of policy to oper- cheapened dollars, it will be fairly ea-y to raise domestic prices, since they will no longer he disturbed vio lently by attacks upon the dollar from other nations. And when 100 percent of normal level of prices has been reached then, Mr. Roosevelt promises, and not before, the new value of the Bank, and also for Bank, of every description, and all the purpose of obtaining an order of uncollected liabilities of stockholders the court approving fees already paid, thereof, subject to all taxes, to be All credftors and depositors of the sold in bulk, at public auction, to the said Bank are invited to be present, highest bidder ftfr cash, at an up-set j ■* T. G. TARVER, price sufficient to net depositors and • As Receiver cf the Bank of W. Car. creditors a final dividend of not less Nov. 14, 1933. 2t than forty per cent .with leave for a MASTER’S SALE. Under and by virtue of a decree of proposed banking corporation, pro posed to be incorporated by T. G. Tarver, who i* now Receiver of the dollar will be fixed, obviously at | Bank of Western Carolina, to be the Court of Common Pleas for Barn- whatever relation to’ the money.* of I kncw n as the Bank of Aiken, located well County, State of South Carolina, the rest of the world it may have ! at Aiken . South Carolina, to bid, with in the ca-e of R. S. Fitzpatrick, plain- come to at that time. I the P r » vi, efre to depositors and credi- tiff, vs. Perry B. Bush and L^ Cohen, This progiam appears to be Mr. tor5il of taking stock in the said pro- defendants, I, the undersigned Mas- Roosevelt’s answer to the inflation- P° sed Bank of Aiken * in lieu cf the ter » wiU se!1 in f,ont cf the Court ists on the one hand and the conserva- Proposed final cash dividend, the said House at Barnwell. S C., on the 4th tive- on the other. Instead of turning stock to he in shar ^ of the P ar value day of December, 1933, sao* being the printing presses loose to manu- of Ten (510.00) Dollars each and to sak-day in said month, to the highest facture mcie p^per money for the be P aid for by depositor and credi- bidder, the following described sake of raising dollar prices, and tors with deposit* in or claims premises: also instead of sitting tight and let- 8 £ a 'n.st the Bank qf Western Carolina ‘’All that certain tract, piece or tiW the recovery piogram work out at f° rt y ce nts cn the dollar, . hould paree! of land situate, lying and being thi/ugh the slow natural operation of the proposed cash dividend net ex- in the County of Barnwell. State of the Uw of supply antf demand, he has actl y fort y tents on thl ‘ dollar, or if South Carolina, known as the ‘Whil- taken a midd>e course which, as ha^j m ? re * then . u P on the basis of th _ e den Hair Place; and bounded as fol lows: On the North by lands cf will be netted, no fractional shares to | Jame.* Peeples; East by lands of J. S. be issued. (2) That on the 4th day of De cember, 1933, commencing at eleven o’clock a. m., at the Court House in Aiken, South Carolina, I will hold a reference in the said proceedings and Under and by virtue cf a decree of the Court of Common Please for Barnwell County, State of South Carolina, in the case of T. G. Tarver, as Receiver of the Bank of Western Carolina, vs. Mrs. Emmie M. Porter, Mrs. Lcuise P. Bauer, Mrs. Emily P. W’idman, Mrs. Blanche P. Harris, Clyde Hair, L. L. Laird, Thurman Black and A. R. Wilson, defendant.*, I, the undersigned Master, will sell in front of the Court House, at Barnwell, S. C, during the legal hours of sale, on the 4th day of December, 1933, same being sale.*day in said month, to the highest bidder, the following de scribed premises: Al! that certain piece, parcel’ or lot of land, with the store building and improvements thereon, situate, ly ing and being in the town of Barn well, State and County afore.-aid. known as “Porter’s Store,” measuring twenty-five (25) feet on Main Street of said town and running back a dis tance of ^ne hundred and thirty-three (133) feet, bounded on the North by Pursuant to Decree cf the Court of Common P'eas for Barnwell .County, South Carolina, in the .case of The I • Citizens Bapk, Marion, S. C., as Re ceiver cf Farmers and Merchants Bank, Marion, South Carolina, plaintiff, vs. W. L. Bruce and South Carolina Power Company, de fendants, which is an action for the foreclosure of that certain mortgage from the said W. L. Bruce to Farmers and Merchants Bank, Marion, S. C., dated May 13th, 19U), and recorded in the office of the Clerk of Court of Barnwell County in Book 8-1, at page 292, I will sell at public auction be fore the Courthouse door at Barnwell, S. C-, within the legal hours of sale on the first Monday in December, 1933, being the 4th day of said month, to the highest bidder or bidders, all the- right, title and interest of the said W. L. Bruce in the premises that was conveyed in and by said mortgage and which is therein described as fol lows, to-wit: ‘‘AH my (the defendant, W. L. Bruce) right, title and interest, the same being one undivided third, in and to aM that certain tract of land in Barnwell County, State of S iuth Care- Main Street of said town; on the East lina, containing four hundred and by property of Brown and Bush; on ninety acres, more or less, known as been said, appeals to the more states-1 a ™unt of the cash dividend which manlike of his friends and critics alike, as highly sound and intelligent, and probably certain to accomplish the result desired a* safely and as speedily as that can be done. Learned From British. Credit for this solution of the Birt; South by lands cf J. E. Birt, and on the West by lands now or for merly of D. M. Johnston, said tract of land centaining eighty (80) acres, more or less. Terms of .«ale: For cgsh, purchaser rn. ney problem must be given, oh- take such testimony a* may be offered ; to pay for papers and revenue stamps, •ervers here believe, largely to Pro fessor O. M. W. Sprague, financial ad- for the purpose 'of ascertaining whether or not it would be to the in- viser to the Tr easury. Almost alone : Merest of depositors and general ctedi- among those high in Administration | to™ of the Bank of Western Carolina circles, Professor Sprague under-1 { °r the court to order the said sale stands international finance as well, * n bu ' k ; an d for the purpose also of as domestic monetary affairs. He i allowin S 8U ch depositors and* e.edi- se.yvd for several years, although an tors, who may desk? so to do, to file American, as economic adviser—to I w *th me a written agreement, sgieer- the Bank of England. In that posi-! in « to/take .stock in the said proposed tion ht* became riware of the methods used by the-British to control world prices to their jnyn advantage, and wa- able to show how the United -would continue to get—the. Bank^f Aiken, in lieu of the pr oposed cash dividend. and that the said Master do require the successful bidder (other than the plaintiff) to deposit at once the sum cf five per cent, cf his bid as a guaran ty of good faith, the same to be applied on the bid should there be a compliance with the same, but should the successful bidder fail to make tuch deposit,at the time of acceptance cf his bid, then the said premises shall be re-sold at such bidder’s risk on -aid day, or some subsequent legal (8) \That ten days prior to the j salesday, at the option of the plain- date 'o£ said refrence there will be. tiff or his attorneys. Should the suc- filed in my office, open to inspection cessful bidder make deposit as afore — a.-.,-S - ■ ■■ — ^ — -irT-- .u; ^ -==?=—- —- -y- y-'- worst of it unless we took a leaf out of London’s book. by all intere-ted partiies, which does j said and thereafter fail to comply C // i mimer,oil i . ' , not include any*debtor of the Bank of I with h;s bid without legal excuse be- Disajipointment at the failure of | Western Carolina nor qny person on! ing shown, then such deposit shall be NRA to bring about miracles over! bi s behalf, a re-appraisal of the as-j delivered to the plaintiff and retained night is being -cmewhat tempered"by ; sets , of th( ? 8aiit Bank of Western j by him as liquidated damages, and the g;owing acceptance of business! CaroBna * aml * re-appraisal of the ; the premise* shall be thereafter re sold n the same terms and et such purchaser’s, risk on some subsequent legal salesday to be designated by the plaintiff or his attorneys, and -o from time to time thereafter until compli ance shall be secured. , J< No personal’or deficiency judgment is demanded in this action. G. M. GREENE/ Master for Barnwell County. Master’s office, Nov. 10, 1933. interest*, who are finding that there! bab ditics of stockholders thereof is more value to themselves and to j "^de by three appraisers appointed.by everybody else in cooperation. When j two of whcm shal! be nominated the President said the other night that j b y ^ be depositors of the BunlNcff Western Carolina, under order of the court; together with a report to me from the Receiver of the Bank of it might take two years or three year* to restore the nation to a State of no longer safe! US TODAY ^ FOR A FILLING 'TEXACO CRACK-PROOF MOTOR OIL The Cedars Service Sta. ' John B. Harley, Manager Western CaroMna showing the total amount of outstanding deposits and general debts of the said Bank of Western Carolina. * (4) That for the purpose of having the said appraisers nominated by de positors and creditors of the Bank of Western Carolina preliminary to ap pointment by me, all depositors and creditors of the said Bank are hereby called, upon, in person or by proxy, to be and appear before me at my office in Aiken, South Carolina, on the 13th day of November, 1933, at eleven o’clock the South by lot of Molair, on the West by let of Mo-eley. AJ1 that certain-piece, parcel or lot of land, with the buildings rnd im provements thereon, situate, lying and being in the town of Barnwell, State and county aforesaid, known as “Por ter’s Barbershop Building,” the same being fourteen (14) feet wide on the Waveland Plantation; bounded South by line cf E. B. and W. Railroad, as surveyed by Mixscn; East by lands "of W. H. Duncan, or lately of said Dun can; South by line dividing said place from John Easterling tract of fifty acres, cn the south side of public raod leading from Barnwell to Augusta, Georgia, lately surveyed, and West h v North and t unning back to the lot of line cr hedgeway separating this place Molair on the South, bounded: On the from land of the late Mrs. H. P. Sne 1 - Noith by Main Street cf -aid town^ 1 ling; the same being the tract of on the East by lot.of Moseley; on the land conveyed to me (the defendant. South by-let of Molair and West by W. L. Bruce), Maggie A. Bruce an<) lo^qfMrs. jp. M. Davis. | T. L. Bruce by the Master fr Barn- (a)*SNr/e of Clyde Hair, dated well County, May 13, 1013.” January 1, 1930, for eight hundred ($800.00) dollars, due Oct. 1, 1930, se Terms of Sale: CASH—the purchas er to pay for all papers and revenue MASTER’S SALE. Under and by virtue of a decree of the Court of Common Pleas for Barn well County, State of South Carolina, in the case of B. F. Storne, plaintiff, vs. Harry W. Delk, et al., defendants, I, the undersigned Master, will sell in front of the Court House, in Barnwell, m., then and there toliomi- S. C.‘, duiir" the legaHicurs o< sa»e, cured by h/ chattel mortgage of one j stamps and the highest bidder at the bay horse elecen years old, named sale other than the plaintiff, and all Ned. and one black mule ten year* old, 1 other persons except the plaintiff who named Cora, and also all crop or may thereafter raise the hid, as pro-' crips grown or t6 be grown (luiiniL, vided by law, shall deposit with the that yeai on the plantation land situ-1 undersigned, in cash 5 per cent, of ate in Barnwell County, South Caro- the amount of the bid as earnest lina, known as. the Manning Place and m ncy oi evidence of good faith in containing sixty-three (63) acres, the bidding, the deposit cf the last mote or less, the saiT crop- i nsis'ing highest bidder to he applied on the' of, among other things, cotton. * bid . should th/re he a compliance (h) Certain note of L. L. Laiid, therewith.' If the high/1 bidder at dated March 3, 1930, for five hundred , the sale, other thanCilJL-p'aintiff ($51)0.00) dollars, due Oct. 1, 1930, se- fails to make such denoTitVmmediat'- cured by his chattel mortgage cover- ly at the time of the acceptance of ing one bay mare six yeais old, named his bid, sail premises shall be resold Fanny; one gray mule ten year, old on the same crjiame subsequent saieT- name as given in mortgage a s yet un- day on the same tehns and at the risk determined; one top buggy, one Ford of such bidder. If the last highest Touting car, 1926 model, and also all bidder~rnaking the required deposit crop -oi crops grown or to be grown fails to comply with his hid without during said year on tract of land in : lawful excuse being shown, then such said county known as the Zo.n Place, deposit shall be delivered to the plain- containing seventy*-five (75) acres, tiff and retained by it as liquidated more cr less, eaid crops consisting, damages and the premises resold on among ether things, cotton ! the same teims, at the risk cf such (c) Note of Thurman Black, dated ! bidder. The mortgaged premises wiil March 1,1930, for three hundied bo sold subject to the power line right- -4$300.00) dollars payable Oct. 1, 1930,: of-way and easement of the defend- secured by his chattel mortgage cov- ant, South Carolina Power Company ering all crop or crops to be grown described » its answer in this action’, during said year on certain tract of j to which .reference is hereby made land m said county containing thirty G M GREENE acres, more or less, said crops consist ing, among other thing of cotton. (d) Certain note of A. R. Wilson, 1 I * i « Master of Barnwell County, S. C. Master’s effice, Nov. 11, 1933. dated Feb. 1, 1930, for five hundred J (CONTINUED ON PAGE THftEE.) v. «• •»*