Historical Newspapers of South Carolina

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I'AOI-; 2 I'ho N(‘wherr\' Sun, Newberry, S. C.. Thursday, Nov. 6, 1969 1218 ('oileye St., Newberry, S. C. 29108 PUBLISHED EVERY THURSDAY O. F. Armfield, Jr., Owner Second-Class Postaye Paid at Newberry, South Carolina SUBSCRIPTION RATES: $3.00 per year in advance. Six Months $2.00. COMMENT on . Men & Things By J. K. BREED1N We have read much in the papers recently about excava tions across the Ashley River near Charleston. In that area is the old church with its slave gallery. The first settlers in Charles ton were across the Ashley Riv er and they moved across the river ten years later, 1680. The reason for the move was that the Spaniards from Port Royal and Indians attacked them. The move to Oyster Point gave pro tection to the settlers of two rivers; the old church remain ed. There are many old church es; the First Baptist Church on Church Street and other church es on Church Street such as Saint Phillips Episcopal Church and the Huguenot Church. Around the corner on Meeting Street is Saint Michaels Epis copal Church the the Scotch Presbyterian Church. And two blocks away the Catholic Cath edral. This is not a catalog of the Charleston churches, just a few Pm thinking of. I recall an old church about 20 miles from Charleston bear ing the marks of attacks by Indians, as I recall it. The church still stands near Goose Creek. This must have been the house of worship for planters on the Cooper River. There comes to mind plant ers from the present counties of Kershaw, Sumter and Clar endon Counties. The distance was so great that they built ai? Episcopal church now known as The Church of the Holy Cross at Stateburg. Thinking of Stateburg I recall a very old Baptist Church known as The Baptist Church of the High Hills of Santee. In this area Gen. Thomas Sumter liv ed and he built a tiny chapel for his daughter-in-law, a Rom an Catholic. Down the highway from State burg in the Pinewood area there is a very old church - St. Marks, and in its graveyard are many Richardsons. There is a peculiar sanctity about an old church; and for generations a special loyalty is felt for the old churches. You’ll observe that I have not mention ed Cheraw or Society Hill; they may come later. The delay of the U. S. Senate in the matter of the appoint ment of Judge Clement F. Hayn- sworth is both a slap at the President and an unworthy at titude by the Senate. The Senate is exercising its constitutional right but it is stretching a point unworthily. Unless the President abuses his authority the Senate should go along with him. Those of us who are in a position to know have great respect for Judge Hayns- worth and we think he will ado immensely to the respectibility of the Court. The U. S. Supreme Court has suffered immensely in the regard of the people in re cent years and it needs Judge Haynsworth without further de lay. President gets support from young GOP The newly chartered Newber ry County Young Republicans, chaired by Mike Hawkins, open ed the fall with an unusual film production, “The Products of Freedom” October 21 at the community room in the Bank ers Trust Building. “The Products of Freedom” featured South Carolina’s Sen ior Senator Strom Thurmond. Senator Thurmond stated that freedom more so than any other form of government has pro duced more for our generation to enjoy than for any other peo ples. He pointed out, however, that freedom was accompanied by trust and responsibility and was thus hard to preserve. To protect and defend our freedom we must be ready to sacrifice to conserve liberty if we are to have true progress. “The tower of freedom is the individual who in order to pre serve liberty will stand firm against anarchy but ready to protect the rights of others who are threatened. We must pass the torch of freedom to the young who are not passive but instead active zealous worriers so that they will become the guardians of liberty and with God’s blessing will insure Amer ica the products of freedom- life, liberty, and the pursuit of happiness." Following the film featuring Sen. Thurmond, during a brief business session, the following resolution was introduced from the floor, discussed, and passed unanimously: Whereas: we feel President Nixon is answering the Ameri can people in that he is act ing to end the Vietnam war with his policy of troop with drawals and Vietnamizing the war. Whereas: we feel President Nixon is placing priorities, as has not been shown in past ad ministrations, and that his first priority is to end the Vietnam war. Whereas: we feel President Nixon is completely aware of all his options to negotiate to end the war and thusly inform ed. Whereas: we feel that people in the streets should not be al lowed to set the international policy of this nation as this is opposed to our democratic sys tem. Whereas: we acknowledge that President Nixon gained his right to lead our nation with his democratic election in 1968. We Therefore: Strongly sup port President Nixon as the leader of this country when he remains firm in his leadership to bring about peace and an end to the Vietnam war. New Addresses Mr. and Mrs. Roger More land have moved to 1935 Har rington street to make their home. Mr. and Mrs. Wayne Gibson are now residing at 912 Dray ton street. Mrs. Stephen A. Singley has moved to Oakhall Apartment B on Nance Street. Mrs. Betty S. Holmes is mak ing her home at 2113 Main St. in the Roy Summer home. Mr. and Mrs. Fred Frick are now residing at 110 Cheatham Street. Mr. and Mrs. Marion Daven port have moved to 1226 Glenn. Mr. and Mrs. J. E. Wallace are making their home at 1730 Dominick Avenue. -- VIETNAM — Army Private First\Glass James H, Nance, 20, son of Mrs. Gertrude Nance, 812 Wise St., was assigned on September 19 to the 45th Engi neer Group in Vietnam, as a combat engineer. His father, Boise Nance, lives on Route 4, Helena. Woods are full of 'em at cut rate prices. But that is not the kind of settlement you want in the event of a loss. You're wise to buy from an agent you know, live near and can trust. Perhaps that is why more people than ever depend upon our a- gency ror tneir insurance needs. Call us. “YOUR PRIVATE BANKERS” MIS Main Street Phone 276-1422 State Bank No: 67-693-532 CONSOLIDATED REPORT OF CONDITION OF THE BANK OF COMMERCE OF PROSPERITY, IN THE STATE OF SOUTH CAROLINA AND DOMESTIC SUBSIDIARIES AT THE CLOSE OF BUS INESS ON OCTOBER 21, 1969. ASSETS # 1. Cash and due from banks (including $ unposted debits) $ 540,694.05 2. U. S. Treasury securities 790,765.21 3. Securities of other U. S. Government agencies and corporations 375,543.79 4. Obligations of States and political subdivisions 908,491.82 5. Other securities (including $ corporate stocks) None 6. Trading account securities None 7. Federal funds sold and securities purchased un der agreements to resell 100,000.00 8. Otbpr loans 1,613,752.19 9. Bank premises, furniture and fixtures, and other assets representing bank premises 55,432.91 10. Real estate owned other than bank premises .. None 11. Investments in subsidiaries not consolidated None 12. Customer’s liability to this bank on acceptances outstanding None 13. Other assets 5,053.67 14. TOTAL ASSETS u*.. $4,389,733.62 LIABILITIES 15. Demand deposits of individuals, partnerships, and corporations 2,051,363.69 16. Time and savings deposits of individuals, part nerships, and corporations 1,297,053.12 17. Deposits of United States Government 102,640.09 18. Deposits of States and political subdivisions 414,131.45 19. Deposits of foreign governments and official in stitutions None 20. Deposits of commercial banks None 21 Certified and officers’ checks, etc. 3,219.06 22. TOTAL DEPOSITS $3,868,407.41 (a) Total demand deposits $2,331,004.20 (b) Total time and savings deposits $1,537,403.21 23. Federal funds purchased and securities sold un der agreements to repurchase None 24. Other liabilities for borrowed money None 25. Mortgage indebtedness None 26. Acceptances executed by or for account of this bank and outstanding None 27. Other liabilities 101,220.21 28. TOTAL LIABILITIES $3,969,627.62 29. MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES None RESERVES ON LOANS AND SECURITIES 30. Reserve for bad debt losses on loans (set up pur suant to Internal Revenue Service rulings) 34,395 31. Other reserves on loans None 32. Reserves on securities None 33. TOTAL RESERVES ON LOANS AND SECURI TIES 34,395.35 CAPITAL ACCOUNTS 34. Capital notes and debentures . None (Speedy interest rate and maturity of each issue outstanding) 35. Equity capital, total (sum of items 36 to 40 be low) 385,710.65 36. Preferred stork—total par value None (No. shares outstanding ) 37. Common stock—total par value 50,000.00 (No. shares authorized 5,000) (No. shares outstanding 5,000) 38. Surplus 200,000.00 39. Undivided profits 135,710.65 40. Reserve for contingencies and other capital re senes None 41. TOTAL CAPITAL ACCOUNTS (sum of items 34 and 35 above) $ 385,710.65 42. TOTAL LIABILITIES, RESERVES, AND CAP ITAL ACCOUNTS (sum of items 28, 29, 33, and 41 above) $4,389,733.62 MEMORANDA 1. Average of total deposits for the 15 calendar days ending with call date $3,873,220.16 2. Average of total loans for the 15 calendar days ending with call date 1,608,706.71 3. Unearned discount on instalment loans included m total capital accounts 65,215.85 I, Jacob A. Bowers, President and Cashier, of the above- named bank, do solemnly affirm that this report of condition is true and correct, to the best of my knowledge and belief. JACOB A. BOWERS Correct—Attest: RUDOLPH C. BARNES, W. G. LYLES, J. MONROE FULMER, Directors. State of South Carolina, County of Newberry—ss: Sworn to and subscribed before me this 30th day of October, 1969, and 1 hereby certify that I am not an officer or director of this bank. „ . . ANNIE R. HUNTER, Notary Public. My commission expires January 1, 1970.