The watchman and southron. (Sumter, S.C.) 1881-1930, May 22, 1895, Image 4
Telegraphic Briefs.
May 15.
Three thousand people attended
the interstate drill at Memphis yes?
terday. There were three contests.
The twenty-fifth bi-ennial session
of the Order of Railway Conductors
opened in Atlanta yesterday, with
more than two thousand delegates
present. The proceedings were pre?
liminary only.
The Navy Department has given
ont a statement about the case of
Admiral Meade, whom the President
designed to hold to account for an
interview in the New York Tribune,
criticising the department The
statement contains nothing of impor?
tance, except that the department
finds itself unable to get evidence
against Meade.
It is announced that the free eil vea
Democrats of Illinois, controlling the
party machinery, purpose to read out
of the party every man who does not
subscribe to their views. The mana?
gers intend, if possible, to send ?
solid free-silver delegation to the na?
tional convention.
The Carnegie Steel Company of
Pittsburg, Pa., has announced an ad?
vance of 10 per cent in wages, com?
mencing Jane 1.
The derailment of a train on the St
Louis and Hannibal railroad yester?
day morning caused the death of one
person and tbe injury of twenty-three
others.
The committed on arrangements for
the "Spund Currency" meeting in
Memphis give a list of forty-seven
cities that will be represented. It
includes Colombia and Charleston.
Captais Genera! Martinez Campos !
arrived at Havana from Santiago De
Coba at 1.30 o'clock yesterday after?
noon.
Tbe mountains of Upper Georgia j
and this State were covered with
snow yesterday morning.
Bichar? Lowry, a negro convict on
W. 0. Hammond's farm in Anderson
County, was killed yesterday while
attempting to escape.
-i
Eight dwelling bouses and stores
were burned in Taraville last night.
Loss $25,000.
Dr. Samuel P. Schwing, who killed
Dr. Emile Hirart on Sunday, May 5,
for intimacy with Mrs. Schwing, was
discharged by tbe city recorder yes?
terday.
Maj 16.
The property of the Pennsylvania
Steel Company was sold for $2,000,
000 yesterday.
The torpedo boat Cashing left
Washington for Key West yesterday.
An attempt will be made to make the
passage by the inland route ; that is
by way of the sounds and islets that
skirt the Atlantic coast.
A dispatch from St. Petersburg
says that Russia will occupy certain
ports in Corea until the conditions
she has imposed upon Japan shall
have been satisfied.
Tbe New York police reorganiza?
tion bill was lost in the Senate yes?
terday by a vote of ayes ?6, nays 16.
A motion to reconsider failed on a
like vote, and the bill was killed.
The Sed Men of Georgia laid the
corner stone of an orphan's home at
Anstel! yesterday.
Connecticut has appropriated $7,
000 for an exhibit at the Atlanta Ex?
position.
The reduction of the capital stock
of the Southern Cotton Oil Company
to ?2,000,000 will soon be effected.
A dividend is expected in June.
The Pope has forbidden Catholics
taking part in the Italian election.
After enumerating his reasons for the
prohibition, His Holiness concludes
by reminding the faithful that he is
still kept a prisoner in the Vatican by
the Italian government.
A movement is on foot in Virginia
to call a Constitutional Convention.
Mr. Louis Dornock and Miss Mar?
garet Gore, an eloping couple of
Quincy, Fla., interrupted the coro?
ner while holding an inquest, and
were married. The inquest then
proceeded.
The Legislature of Florida has
passed a modified Australian ballot
law to take the place of the eight
ballot box measure which has hereto?
fore obtained in that State. The bill
only requires the signature of Gov.
Mitchell tc become a law. The
House passed a measure to prevent
fraud at party primaries.
May 17.
The bill now before the Florida
Legislature imposing a special tax on i
bicycles is arousing great indignation
among Florida wheelmen.
The Japanese legation has received
a brief telegram which states that the
complications with the European powers
have been so adjusted a3 to leave no
reason to doubt that a furtber conflict
in the East will be avoided.
There was another heavy frost
tb-ougbout the western portion of
Michigan Wednesday night Io Kent
and Ottawa counties, early straw?
berries and grapes are ruined and other
small fruits damaged. Grand Traverse
county reports all small fruits wiped
out. In Muskegoo county strawberries
and cherries are badly damaged and
800 acres of peppermint in Moorland
township are ruined. The fruit crop io
Genessee county is completely destroy?
ed and Hillsdale county fruit is badly
damaged.
Secretary Herbert says that wheo
Admiral Meade's request fur detach?
ment from the North Atlantic equidron
was received Uft wet-k. ii was coupled
with a request to be be retired Juue
20. and for permission to go abroad.
The entire request was promptly grant
ed. When, however, the interview
with Admiral Meade appeared in the
newspapers and the department had
a? ked Admiral Meade whether it was
authorized and had received his non?
committal reply, it was decided on
Saturday that subsequent proceedings
might render his presence in this coun?
try necessary and the permission ex
tended to bim to go abroad was re?
voked. Beyond that nothing has been
done to date.
State Senators Coggeshall, Robert?
son and Raines, of New York, who
were charged with bribery have been
exonerated.
It was stated in the German Reich?
stag yesterday that the Baltic-North
sea Cana) would be completed to its
full depth by July 1st.
The American Iron Works, of
Pittsburg, Pa., haye advauced the
wages of skilled workmen 10 per cent.
More than 400 men are bene fitted.
Tbe General Assembly, of the
Southern Presbyterian Church met at
ll o'clock yesterday, in Dallas, Texas.
Dr. Chas. R. BemphiU, of Louisville,
Ky., was elected moderator.
Suit has been commenced in the U.
.g Circuit Court of Northern Georgia
for the foreclosure of the second mor?
tage bonds of the Georgia Pacific Rail?
road.
Trouble has again broken out be?
tween tba white and colored longshore?
men to New Orleans.
? fight between Superintendent of
Education Shea tes ?nd State Senator
Reeves, occurred in the Florida State
House yesterday?
Russia is preparing to build railways
to connect with the Great Indian Rail?
way so that it will be possible to throw
large bodies of troops into lodi? on
short notice.
The directors of the Atlanta Exposi?
tion have decided to have a live 6took
show during the Exposition. Only
registered stock will be admitted.
Fifteen suits have been entered
against the City of Chicago by indi?
viduals and railroads for damages sus?
tained daring the strike of the Ameri?
can Railway Union.
The Southern Railway Passenger
Station at Charlotte, N. C., was burned
yesterday.
Albert E, Simpson, a white mao was
tried for murder at the recent term of
oourt io Georgetowo aod fouod not
guilty. The homicide was committed
thirteen years ago.
May 18.
I Cliff Baxter and Andrew Campbell
! were killed by an explosion of a blast
j in a mine at Docktowo, Teon.
The Wilmington, N. C., produce
escbango, yesterday adopted r?solu?
tions favoring sound money, and de?
cided to send delegates to the Memphis
Convention.
Dwyer and Croker have dissolved
their co-partnership for racing pur?
poses.
A report has been sent out from Key
i West that a filibustering expedition left
that place for Cuba.
A Louisville, Ky., dispatch says :
The grand jory has finally decided to
investigate the killing of Aroh Dixon
Brown and Mrs. Gordon by her hus?
band, Fulton Gordon. To-day the
jory ordered all the witnesses who
figured io the case duriog the examina?
tion io the city court to be summoned
to appear in thc jury room next Friday
morning. It was generally believed
aboot the courts this afternoon that
there would not be ?oy indictment.
Gov. Evans aod Adjutant General
Watts are at Wrights vi i le Sound, N. C.
Henry Bier, a well known New
Orleans broker bas been convicted of
perjury.
May 20.
AD eighty thousand dollar fire occur?
red in Gate City, a suburb of Birming?
ham, Ala . yesterday morning. An
unknown man was burned to death.
William Goodman fatally shot Nicho?
las Cottorin Augusta, Ga., yesterday.
An earthquake, more violent than
any that have visited the city since 1445,
occcorred in Florence, Italy, OB Satur?
day night. Three thousand houses
were damaged, four persons killed out?
right and many wounded.
A few days ago, Henry Cooley of
! Middle8boro, Ky., eloped with Sallie
! Daios, the two crossing over into West
! Virginia, where they were married,
j Miss Dains' brothers had long opposed
I the suit of Cooley, and when they learn?
ed of the elopement, they declared their
intention of killing their sister's hus?
band. Marshall Cooley, a brother of
Henry, intercepted the newly married
couple at Pound Gap. five miles from
Middlesboro and warned them of the
fate in store for them. While they
were deliberating the best course tn
pursue, the Daios brothers came up and
a fi^bt instantly ensued. Marshall
Cooley and George Daios were killed
outright. Henry and his brother es?
caped injujy.
Ed. Bates, a white man got drunk
and went to sJeep on the railroad track
near Spartanbarg, with the usual re?
sult.
The Japanese Army is being with?
drawn from Corea and Manchuria
A drummer who travels for one of the
largest whiskey houses io the South,
has ?aid that wheo he returoed home
he was going to advine hi1* boase to
make claims painui th*? ex;<re*? cotii
pany and railioads for ail the whihk-:y
they have lost io their band? since toe
dispensary law went into effect, and
if the claims were not. paid the beat
legal talent in the State would be em?
ployed and suit for damages would be
instituted.
Three negroes were lynched io La
Fayette County, Fla., last week.
The coal miners are still giving trou?
ble in the Pocahontas region.
Fifteen thousand persons were ren?
dered homeless by an extensive fire in
Briest-Litovesky, Russia.
Mr. W. G. Childs, of Columbia,
accideotly shot himself through the left
arm on Friday night, while attempting
to catch a burglar, who bad entered the
house.
? son of Supt. Neal of the Peni?
tentiary bad two fingers blown off by
the explosion of a dynamite cartridge
with which he was playing.
Miss Mila Morrison, of Gainsville.
Fla., aged 18 years, is dying of
Hydrophobia.
The Income Tax litigation has
cost the United States $100,000.
The Presbyterian General Assem?
bly spent yesterday transacting ron*
tine business.
William Austin was shot through
the heart and instantly killed by
Isaac Bently, near Penders {distil?
lery, just over the Pickens line and .
few miles above Greenville,'late Satur?
day evening. Austin was accused
of having reported a blockade still to
the revenue officers. Bentley wai
under tbe influence of whiskey when
be did the shooting and is supposed
to have been interested in the block?
ade still. Both men are young
farmers. Austin leaves a wife and
several children.
The unveiling ceremonies of the
Confederate monument erected by
the Ladies Memorial Association of
Raleigh, N. C., yesterday brought
together the largest crowd that ever
assembled in North Carolina on any
occasion. The lowest estimate was
45,000. Speeches were made by
Col. Samuel A. Ashe, Col. Alfred M.
Waddell, ex-Gov. Thomas M. Holt,
Col. W. H. Check, Gen. Bradley, T.
Johnson, and Judge A. C. Avery.
Admiral Meade BetirecL
WASHINGTON, May 20.-Rear Ad?
miral Meade was placed on the retired
list of the navy to-day. Secretary
Herbert recommended the retirement
aod the President endorsed theron aa
follows :
Executive Mansion, May 20, 1895.
"The within recommendation is ap?
proved and Rear Admiral Richard W.
Meade is hereby retired from active
service, pursuant to section 1,443 of
the revised statutes.
4'The President regrets exceedingly
that the long active service of this offi?
cer, so brilliant in its early stages and
so marked by honorable incidents,
should, at its close, be tarnished by
conduct at variance with a commend?
able career and inconsistent with the
example which an oficer of his high
rank should furnish of subordination
and submission to the restraints of
wholesome discipline and manifest pro?
priety. GROVER CLEVELAND."
Before the Supreme Court.
WASHINGTON, May 10.-After the
Supreme Court had finally disposed
of the income tax, it occupied an hour
in the announcement of decisions in
other cases, and the consideration of
miscellaneous business presented to it.
THE CASE OF CONSTABLE BEACH.
Attorney General William A. Bar?
ber, of South Carolina, made his ex?
pected motion for leave to file a pe?
tition for a writ of habeas corpus for
the release of E C Beach, a con?
stable of that State, who is in the
custody of United States Marshal
Hunter for contempt of Judge Simon
ton's order, in seizing a shipment of
whiskey made to J. G. Byrd, a resi?
dent of Charleston, for his own use
and consumption, in violation of
Judge Simonton'8 injunction.
Chief Justice Fuller informed Mr.
Barber that the court could not under?
take, at this advanced period of the
term, to hear oral argument.
The Attorney General responded
that he understood that, and believed
that briefs in the case would be filed
within a week.
Wheelmen ia Charlotte.
CHARLOTTE, N. C., May 20.- This
was distinctly a Stearns day as
that wheel won three firsts, three
! seconds and three thirds out of a!
: possible five. Geo. Adams, of Jack?
sonville. Fla., won the Southern
I championship in 2:37.
Against the urgent advice of his
physician, W. T. Mixson, of Colum- !
bia, entered the <{tiarter-mi!e and lost
the race by only a foot Had his
physical condition been all right re-1
suits would have been different. ':
With a small handicap lie held his
own in the five mile handicap, win?
ning second time prize and running
the fast Washington racer, Schade,
off his feet, lt must be remembered !
that he did thus well as a sick mau i
and one unfit really for auch a severe j
strain.
Income Tax Killed.
Personal Property no More
Subject than Heal Estate.
WASHINGTON, May 21.-The Uoited
States Supreme Court to-day decided
the income tax to be unconstitutional,
the court dividing as follows: Against
the law-Chief Justice Fuller, Justices
Field, Gray, Brewer and Shiras; for
the law-Justices Harlan, BrowD,
Jackson and White. Chief Justice
Fuller read the opinion of the court.
The interest attaching to all pro?
ceedings connected with the inoome tax
case was again manifested this morn ?
ing, when the Supreme Court room was
crowded under the belief that the final
judgment of the court ia the income
tax cases would be announced. This
interest was heightened by a know?
ledge of the fact, circulated just a few
moments before the court convened,
that Associate Justice Jackson had re?
turned to Washington and would sit
on the bench while the opinion was be?
ing delivered. This was altogether a
surprise; and his coming had been so
skillfully concealed that his appear?
ance was necessary to convince some
people of its truth. He did not go
home, as stated, but spent the week
in Philadelphia in consultation with a
physician.
In delivering the opinion in the in?
come tax cases, Chief Justice Fuller
said :
??Whenever this court is required t >
pass upon the validity of an act of
Congress, as tested by the fundamental
law enacted by the people, the duty
imposed demands in its discharge the
utmost deliberation and eare, and in?
vokes the deepest sense of responsibil?
ity. And this ie especially so wheo the
question involves the exercise of a
great governmental power, and brings
into consideration, as vitally affected
by the decision, that complex system of
goternmeut so sagaciously framed to
secure and perpetuate ' 'an indestruct?
ible Union, composed of indestructible
States."
"We have, therefore, with an anxious
desire to omit nothing which might in
any degree tend to elucidate the ques?
tions submitted, and aided by further
able arguments embodying the fruits of
elaborate research, carefully re-exam?
ined these cases with the result, that,
while our form sr con cl usions remain
unchanged, their scope must be en?
larged by the acceptance of their logi?
cal consequences.
"As heretofore stated, the Constitu?
tion divided Federal taxation into two
great classes, the class of direct taxes
and the class of duties, imposts and ex?
cise?, and prescribed two rules which
qualified the grant of power to each
class. Tba power to lay direct taxes
apportioned amoiog the several States
in proportion to their representation in
the popular branch of Congress, a rep?
resentation based on population as as?
certained by the census, was plenary
and absolute; but to lay direct taxes
without apportionment was forbidden.
The power to lay duties, imposts and
excises was subject to the qualification
that the imposition must be uniform
throughout the United States.
"Oar previous decision was confined
to the consideration of the validity of
the tax on the inoome from real estate
and on the income from municipal
bonds. The question, thus limited, was
wbethether such taxation was direct or
not, in the meaning of the Constitution
and the court went no further, as to
tbe tax on the income from real estate,
than to hold that it fell within the
same class as the source whence the
income was derived-that is, tbat a
tax .upon the realty aod a tax upon
the receipts therefrom were alike di?
rect, while as to the income from mu?
nicipal hoods, that could not be taxed,
becaseo of waot of power to tax the
source, and no reference was made to
the nature of the tax as being direct or
indirect.
"We are now permitted to broaden
tbe field of inquiry and to determine to
which of the two great classes a tax
upon a person's entire income, whether
derived from rents or products, or
otherwise, of real estate or from bonds,
stocks or other forms of personal prop?
erty belongs;; and we are unable to
conclude that the enforced subtraction
from the yield of all the owner's real
or personal property, in the manner
described, is so different from a tax
upon the property itself that it is not
a direct, but an indireot tax, in the
meaning of the Constitution.
"The Constitution prohibits any direct
tax, unless in proportion to numbers as
ascertained by the census; and in the
light of the circumstances to which we
have referred, is it not an evasion of !
that prohibition to hold that a general
unapportioned tax imposed upon all
property owners as a body for or in re?
spect of their property is not direct in
the meaning of the Constitution, but
confined to the income therel'orm.
"We find it impossible to bold that a
fundamental requisition, deemed so im- '
portant as to be enforced by two pro?
visions, one afirmativo and one nega?
tive, can be refined away by forced dis?
tinctions net ween that which gives
value to property and the property it?
self.
"Nor can wc perceive any ground
why the Famo reasoning does not npply
to capital iu personalty held for the
purpose of income, ordinarily yielding
income, and to the income therefrom, j
All the real estate of the oountry and j
all ita invested personal property are ;
cpen to the direct, operation of tne tax?
ing power, if an apportionment be made
according to the Constitution. The Con- '
dilution does Dot say that no direct
'az ebal! be laid by apportionment on
aoy utber property than land Oi? the
contrary, it forbids all uoapponiooed
direct taxes; and we know of no war?
rant for excepting personal poperty
from the exercise of tbe power, ur any
reason why an apportioned direct tax
cannot be laid and assessed, as Mr.
Gallatin said in his report when Secre?
tary of the Treasury in 1812, 'npon the
same objects of taxation OD which the
direct taxes levied ander the authority
of the State are laid and assessed.'
"The stress of the argument is
thrown, however, oo the assertion that
an incone tax is not a property tax at
all, that it is not a real estate tax, or
a orop tax, or bond tax ; that it is an
assessment upon the taxpayer on ac?
count of his money-spending power as
shown by his revenue for the year pre?
ceding the assessment ; that rents re?
ceived, crops harvested, interest col?
lected, have lost all conneootion with
their origin, and, although once not
taxable, have become transmuted in
their new form, into taxable subject
matter ; in other words, that income is
taxable, irrespective of the source from
whence it is derived.
"if it were not for the fact that there
bad been no income tax law such as
this at the time the Constitution was
framed and adopted, it would not be
of controlling importance. A direct tax
cannot be taken out of the constitu?
tional nile because the particular tax
did not exist at tbe time the rule was
prescribed.
"We are not here concerned with the
question whether an income tax be cr
be not desirable, nor whether such a
tax would enable the government to di?
minish taxes on consumption and duties
on imports and to enter upon what may
be believed to be a reform of its fiscal
and commercial system. Questions of
that character belong to the controver?
sies of political parties, and cannot be
settled by judicial decision. In these
eases, our province is to determine
whether this income tax on the revenue
from property does or doss not belong
to the das? of direot taxes.
"According to tba censos, the true
valuation of real and personal property
in the United States in 1890 was $65,
037,091,197, of which real estate with
improvements thereon made up $39,
544,544,333. Of course from the lat?
ter must be deducted in applying these
sections, all unproductive property and
ali property whose net yield does not
exceed $4,000, but even with such
deductions, it is evident that the income
from realty formed a vital part of the
scheme for taxation embodied therein.
If that be stricken out, and also the in?
come from all invested personal pro?
perty, bonds, stocks, in vestments of ali
kinds, it is obvious that by far the larg?
est part of the anticipated revenue
would be eliminated and this would
leave the burden of the tax to be borne
by professions, trades, employments, or
vocations and in that way what was in?
tended as a tax on eapital *?onld remain
in substance a tax on occupations and
labor. We cannot believe that such
was the intention of Congress.
"Oar conclusions may, therefore, be
cammed up as follows :
*'First-We adhere to the opinion
already announced, that taxes on real
estate being indisputably direct taxes,
taxes on the rents or income of teal es?
tate are equally direct taxes.
"Second-We are of opinion that
taxes on personal property or on the
income of personal property are likewise
direct faxes.
"Third-The tax imposed by sec?
tions 27 to 37, ioclnsive, of the act of
1894, so far as it falls on ?he income
of real estate and of personal property,
being a direct tax within the meaning
of the Constitution, and therefore un?
constitutional and void because not ap?
portioned according to representation,
although constipating one entire scheme
of taxation, are necessarily invalid.
"The decrees hereinbefore eotered in
this court will be vacated; the decrees
below will be reversed and the cases
remaoded, with instructions to grant
the relief prayed."
Separate opinions were read by each
of the dissenting justices, beginning
with Justice Harlan.
Justice Jackson was tbe second to
read bia dissent. He concluded at 2:30
p. m., and went immediately to his
hotel, feeling quite exhausted from bis
long stay in the court room. He left
Washington this afternoon, presumably
for Philadelphia for farther treatment
by Dr. Pepper.
Justice Jackson was followed by Jus?
tice Brown
Justice White read the last opinion
in the case, stating nineteen different
points upon which he rested his adher?
ence to the views hitherto expressed
by him in opposition to the judgment
of the court.
Liverpool Cotton Figures.
LIVERPOOL, May 17.-The follow-j
ing are the weekly cotton statistics ;
Total sales of the week 4S,000, j
American 47,000 ; trade takings,!
including forwarded from ships' side
58,000 ; actual export 7,000 ; total
import 06,000. American 57,000 ;
total stock 1,681,000. American
1,570,000 ; total afloat 104,000,
American 88,000 ; speculators took j
700 ; exporters took 2.400
Pulmonary consumption, in its early stapes
may be checked t?y the use of Ajer's Cherry
Pectoral. It stops the distressing cough,
soothes irritation of 'he throat and luo??,
aud induces much-needni repose. Hundreds
have testified to the remarkable virtues of
this preparation.
Typswriter supplies at H. G. O?teen k
Co's , Liberty street.
Confederate Encampment.
HOUSTON, TEX , May 20 -Tbe en?
campment feature preced?:;? f'<e Con?
federate Ke?uuion opened tu.e morning.
The twenty companies of Texas volun?
teer guards in camp aggregate 1,000
troops. A grand military street pa?
rade intended for 10 o'clock this morn?
ing was postponed till the afternoon
by a heavy rain. Gov. Culberson and
staff arrived last night. Other dis?
tinguished visitors now present are Gen?
eral Stewart, commander of the Mary?
land division of veterans, Major Gen?
eral Ed Reedy? Oklahoma division and
General Lae of Mississippi, Governor
Torney of Tennessee, Major General
Schofield. General Gordon and Miss
Winnie Davis are expected Wednesday
when the re-onion will formally open.
? large detachment of United States
troops are also in camp. About 5,000
visitors, inoluding veterans and military
have so far been located.
The city is elaborately decorated and
the streets are thronged with strangers,
despite the rain. A contingent of Tex?
as editors here from the ancoal meeting
at Waco was entertained at a banquet
this afternoon, presided over by Con?
gressman Hatcheson. The drilling of
the State troops commences this eve?
ning at Camp Culberson, elaborate
programmes having been prepared
for each day at the campground and
entertainments at the Auditorium at
night.
Cure For Headache.
As a re ci; dy for all forms of Headache
Electric Bitters bas proved to be the very best.
It effects a permanent core and the most
dreaded habitual sick headaches yield to its
influence. We urge all who are afiieted tc
procure a bottle, and give this remedy a fair
trial. In cases of habitual const?palos
Electric Bitters cores by giving the seeded
tone to the bowels, and few eases long resist tbe
use of this {medicine. Try it once. I arge
bottles only Fifty cento at J. F. W. DeLorme's
Drag Store. 2.
Chronic Nervousness
Could Not Sleep, Nervous
Headaches.
Gentlemen:-I have been talcing
your "Restorative"Nervine for tbe past
three months and I cannot say
enough in its praise. It has
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for I had almost given up hope of
ever being well again. ~I was a
chronic sufferer from nervousness and
could not sleep. I was also troubled
with nervous headache, and had tried
doctors in vain, until I used your
Nervine. Yours truly.
MRS. M. WOOD, ringwood, 111.
Dr. Miles' Nervine
Cures.
Dr. Miles' Nervine ls sold on a positive
Saran tee that the first bottle will Denefit.
1 druggists sell it at SI, S bottles for $5, or
lt will be sent, preoaid, on receipt of price
hy the Dr. Miles' Medical Co., Elkhart, Ind.
For salebv Dr. A. J. China, Sumter, S. C.
i lil & SUN,
Fire Insurance Agency,
ESTABLISHED 1866.
Represent, among other Companies :
LIVERPOOL & LONDON & GLOBE,
NORTH BRITISH & MERCANTILE,
HOME, of New York.
UNDERWRITERS' AGENCY. N. Y.
LANCASTER INSURANCE CO.
Capital represented ST5,000,000.
Feb. 28.
MONEY LOADED.
Do you want to borrow money on equita?
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all paid? With interest being charged oniy
on remainiog portion of loan.
Would you like to buy your family a heme?
If so read the following :
I represent a Company that bas embodied
in its plan all th? features enumerated above
and m?.jy more. Can you see ?ny reason
why you should pay a large interest for
money when you have good security ? Can
you present any good reason why it is not as
well to receive profit? ye.nrly as to wait from
7 to 10 years as one doc; in many of the
Associations? Is r.ot the reduc'ior. of
interest yenriv better than waiting many
_\etre ?or profits? H?nower;, under the plan
represented by me assume absolutely no risk
as every dollar paid on the loan i? credited
on the mortgage, thereby reducing it in pro?
posion to the amount p?id.
Building Association.? have btn<-fitted
hundreds of thousands, so did the old cars
that were propelled by horses. Our pian is as
far superior to Building Associations as the
trolley cars are to the old antiquated horse
car system. My time is too much occupied
to answer questions for the curious, but those
seeking information for the betterment of
their condition will receive full information
promptly. We offer an investment to those
who have a small amount to save monthly
that has no superior ss to safety and seldom
equaled for profits. Call or write.
HENRY L. B. WELLS,
Jan 30. Attorney, Sumter, C. H. S. C.