The watchman and southron. (Sumter, S.C.) 1881-1930, January 06, 1912, Image 8
?rtlMUfCOBrlRITIOIS
R IL McCOWN PREPARES HIS
AN NX7 AJL REPORT.
r> of Stale DIacumm*m Several
Questions of Importance ? Fe?*?
Amount to Over $35.000.
Columbia, Jan. 2.?"Person* should
not bo permitted to hawk and peddle
fake and wildcat securities of swind?
ling concerns and thereby prey upon
the credulous and Igno/ant. citizen."
This statement Is made by R. M. Mc
Cown. secretary of State. In his an?
nual report in recommending the su?
pervision of certain corporations, sell?
ing stocks and bonds, by the State
Insurance department or the State
bank examiner.
In hta annual repoi't Mr. afcCown
abows that ISl.tOe.ll has been re?
ceived by hie office as charter fees
during the year. He recommends the
re of a law for a uniform ana
central registration of motor vehicles.
"In my report for l?0t," says Mr.
McCown. "the following paragraph
appears: "The grant of corporation
la to bestow the character and prop?
erties of Individuality on a collective
and changing body of men. recognis?
ing them as a separate legal entity in
contradistinction to Joint proprietors
or partnerships. Corporate powers
are not natural rights, they are privi?
leges conferred, and the only Justi?
fication for the grant Is one of gen?
eral welfare. A corporation Is said to
be a creature without a conscience,
and a creature without a conscience
will dkiregard the rights of his fel
The State can not afford to
tte i. creature without making It
tenable to Just and adequate laws
holding It responsible and to a strict
accountability for Its sets and do?
tage, which can be done only by le?
gal regulation and supervision The
right ol' supervision end restriction
inheres n them, and is Just as broad
ae the Interest that may be affected.
Corporate securities and stocks and
bonds 01' corporations constitute a
'arye per cent of the collateral for
the transaction of business, and the
Investor needs the protection which
oomee from supervision and publicity.
In recognition of this fact, your hon?
orable body at Its last session passed
two acta, one to prevent the fraudu?
lent use of credit by corporations,
and the Hher requiring sworn state?
ments to be sent out annually to all
Stockholders. These acts are com?
mendable and to some event meet
the requirement, but I know of no
reason wl y the Jurisdiction of the In?
surance commissioner should not ex?
tend to Investigate companies. Cor
?orate existence is almost as old ss
etnitsed I'overnment. and It* right
to exiet tco well established and rec
esrnlsed to be disputed. It Is the life
and energy of enterprise and business,
and I would not have It dwarfed by
hostile legislation?such would be
commercial sulride?but no abuse
should be permitted and every phase
of supervision or legal enactment
which tends to prevent abuse should
be considered. This 1? the duty of
the sovereignty, which has the eole
right to create the corporation, and
euch policy would be a fostetlng power
for healthy growth. I reiterate and
emphasise the statement that I know
es* no good and valid reaaon why
?very corporation or company organis?
ed In this State or elsewhere selling
or negotiating stock?, bonds or other
securities, except government. State,
inly. municipal. township and
fl bonds, should not be placed un
the Jurisdiction of the Insurance
commissioner or of State bank ex?
aminer. Huer, companies should be
required so file with said office be?
fore engaging In business, und an?
nually or seml-annually thereafter,
?worn statements In detail, as pre
err I lied by him. showing its financial
rendition, assets, liabilities, descrip?
tion of property owned, plan of op
?ration and form of contract used
They should also file a copy of their
charter nnd by-lews and furnish
auch other Information regarding Its !
affa'rs as said office may require, and
?btahn a license or permit before do?
ing any business.
' Persons should not be permitted
to hawk and peddle fake and wild
rat securities of swindling concerns
and thereby prey upon the credulous
and Ignorant clttsen. Widows with
Insurance money to Invest and the
unwary end untrained In business af?
fairs need protection from the*e slick
agents and stock-peddling pirates.
When our ciMaene are thus victimised
they might a* well pocket their loss
?r grin and endure it. an the only r? -
skr ess they have Is a civil suit to re
rover or criminal action for obtain
Ing money under false pretense, but
the scheme Is always so IngcnloiMh
framed up as to resWstf BOavtetloa
etoubtful and recovery Impossible, nnd
the rtsOjai ens so s selbst natu nr. r
be has lost his gsOSjagr, Vr>-\ ?-nt|oo. In
my opinion. Is the only remedy, Sm< h
companies enn not successively com
duct their business beyond th? bor?
ders of the gtnie. for sues fraud
would Involve ihe use of the ans 11
and prosecution and conrtrtrNa^^. 11<1
follow It Is easier for tbe tTf?aW^
and Intelligent officer of the law %
draw the line between the good and
the bad than it 1? for the unwary tn
veator, especially the helpless co?
upon which such ngents prey.
"Some provision should be furth r
made to amerce foreign Corporation?
doing business In this Stnte which do
not comply with the provisions of law.
There are many such corporations,
and it Is almost Impossible to learn
when they come Into the State for the
transaction of business unless, of its
own accord, it complies with the law.
I have located and required a few of
these companies to file the necessary
papers. 1 also found that many of
these companies did not file the re?
quired annual statement and I ad?
dressed to each the following letter
" 'As a foreign corporation doing
business in this State, under the pro?
visions of chapter 44, code of ls02,
you are required to file In this of?
fice on or before the 31st day of Jan?
uary of each year an annual state?
ment as set forth In section 1781. For
filing this statement section 1888 pro?
vides a fee of $5. Compliance with
this provision la imperative, subject
to fine and forfeiture of right to do
business. For your convenience 1 am
Inclosing blank.'
"As a result of this letter, more
thaw 100 additional statements have
teen filed over any previous year,
netting over $600.
"It might be unusual for an officer
on a moderate salary with a limited
office force and the work constantly
increasing to go outside of his of?
ficial duties to discover and assume
extra burdens, but I am constrained
to recommend the passage of a law
for the uniform and central registra?
tion of motor vehicles. The present
law provides for registration by
counties, but when there Is a trans?
fer of ownership from the purchaser
to other parties of the machine, it Is
driven beyond tho borders of the
State the law is of little value for the
purpose of identification. I receive
frequent letters from owners and of?
ficers to be notified in the event cars
bod are offered for registration
uch registration not being re?
quired in this office I can render no
assistance. Every machine before the
same is permitted to be operated in
this State should be registered under
the name and address of the owner
with a brief description of the vehicle.
Including the name of the maker or
manufacturer, factory number, motor
power, style, from whom purchased
and date of purchase, and such mn
shlne should hear a metal tag or seal
with the words 'Registered, S. C. No.
??-* as due evidence of such regis?
tration. The owner should be re?
quired to conspicuously display upon
the front and rear of every such mo
tor vehicle a number corresponding
with the number of registration In
Arabic numerals not less than four
Inches In height and each stroke no
less than one,-half inch width with
the letters ft C. The flr.ures and let?
ters to be white on black ground or
black on white ground.
"Such law should also regulate the
equipment and speed and provids
such penalties, rules and regulatlor?
as will protect the public and pro
hlblt reckless and careless driving.
T>ealers should be required to report
to the registrar at the end of each
month all motor vehicles sold, whlcb
report should contain such Informs
tlon as such officer may require a
would enable him to see that all m \
chines have been properly register*-.i
within the tltne prescribed. Buch rSSJ
tstratlon or licence fee should b
provided as would meet and flsfr
all expense thereby Incurred
IU V\\v\V <>v MMN ST UK FT.
Horse Belonging fM * i l?.inre, Hnck
mnn. Sm-sb i Hack.
Wednesday r n u n? I o'clock
there was a tm r n Nor h Main
street wb?rh erea'ed s?me excitement
for the p ? Ehst section o
town and oil ' o saw the run?
away.
The horse ???? ?nging to Ed. Prince.
I negro frlg? tene<j at something end
ran off from in front of the barber
shop next to Knight's Book store
He ran up " 'ho sidewalk on the op
poslte side of the street in front Of
Booth-ITarby Live Stock Company
where the hup-y came In contact with
a telephone pels and the two front
wheels and s^ -fts were demolished
The hor*e was then caught and un?
hitched.
l*?*orV and l>oa<-oim' Keating,
A meeting of the Baptist pastors
and deacons In the Santee Assoels
tion. composed of Baptist churches
in stmiier sad Clarendon counties
was held in the First Baptist chun h
last week on Friday night. K?\. 11.
It. Williams 04 Manning. pre;ieh. d on
Saturday morning; ther* was an open
f.?rum. tr.M- la hII, and the topic di
anssesl was Pnstorla] Evangelism. \d
drcs?e?. more op less informal, were
made I y i half dosen vlsPlng min?
isters, to the edification of Sil Who
SMfl present.
On Sumbiv m??r 'nir. I>r. Ifownl
L Jones, of Cbar'.sto'i. dellwrrd R
most itrfklng snc! heipfui sermon on
'The Tempi*' In tVte Heart " The ne\t
meeting will be held In % snnlnsj, I?'
March.
NEW SKYSCRAPER 1MSCVSSE1).
Report?-, of What May Re Done. But
Plans Not Olren Oat t<> the Public
Yet.
The people of the city are dally
discussing the proposed newest sky?
scraper for Sumter, that which it is
reported that the Bank of Sumter is
to have erected on the corner now
occupied by the D. J. Chandler Cloth?
ing Company. While reports of the
change to be made and the number
of storie3 to be added to the buildine
are plentiful, facts are few and hard
to get.
It has been stated by directors of
the bank that a high building would
be erected on the front part of the
present building, and it is known that
plans for the changes and additions
to be made are being drawn up by
the architects. It is not known how
many stories wil be added or exactly
what changes will be made, except
that the building will be equipped out
as a banking institution with the la?
test appliances and in the most mod?
ern and up-to-date styles.
The reports have it that the front
parts of the building will be convert?
ed into a four story structure and that
there is a probability of the change
being made In the near future. Mr.
R. I. Manning, the president of the
Bank of Sumter, stated Thursday
that there was no information to be
given out yet awhile as to what was
to be done.
What is "Commission" Government?
The particular plan of organization
adopted in Des Moines is not the uni?
versal type. When the charters are
analyzed it is found that they vary
somewhat widely in detail. The basic
structure of all, however, is this: A
body of five men (three in smaller
cities, seven in Omaha) on each of
Whom is devolved tho supervision
over a department of the city's ac?
tivities. Thus in Galveaton, there are
four departments (the mayor in Gal
veston Is not specifically assigned to
one), designated, (1) Finance and
Revenue, (2) Streets and Public
Property, (3) Water and Sewerage,
(4) Police and Fire. The five men
sit as a body in a deliberative capa?
city. All of the commissioners are
elected by a vote of the whole city.
Normally and logically they are the
only elective officers, but a few char?
ters provide for a separately elecved
fiscal officer on the theory that th*
audit of the commission's account."
should be conducted by an officer
who is not one of their servants.
Under the Alabama law this seperate
audit is conducted by a State exam?
iner.
The Des Moines charter added to
the structure what were at the time
unknown and untried ?'devices'* of
the Initiathe. Referendum, and Re
call, measures designed to mnk^
doubly sure that the people would
control. This instrument also includ?
ed civil services and corrupt practice."
provisions and a scheme of non-par?
tisan elections. These features, how?
ever, were all taken from older
forme; and they constitute no essen?
tial part of the commission move?
ment. Inasmuch as one or all of them
are absent from nearly every law ex?
cept the Iowa statute. The Initiative
and Referendum have rarely been
used, and of the Recall the most
?trlkin?? instances of its use lie out?
side IhO commission-governed cities
The only commissioners ever removed
were those of Tacoma, Wash., and
during September. 1911, the mayor
<ind one other commissioner In
Witchita, Kan. ,
The OalVSSton plan was hswn in
the rough. Wide application has
shown that certain adjustment- must
bs made in localities to make the in?
strument thoroughly responsive to the
will of the people. Here is a rather
fine question in social psychology:
How to arrange the popular selec?
tion of the elective body is such a
way that every member of it shall re
OOlVS such adequate scrutiny as to se?
cure his full responsibility to the vot?
ers of the city. In Witchita the mayor
was separately designated on the bal?
lot. I. e.. voted for as mayor, although
under the Kansas law he is no more
Important than any of his confer.--.
Bui tbs people thought he was more
important, with the result that the
interest in the Witchita elections has
boon centered on the mayor, at the
expense of th?? other commissioners,
To remedy this defect) a radical step
has been taken In New Jersey and
Nebraska; a commission of live If
elected by the people and from their
own number ths commissioners select
a mayor. Thus every candidate for
commissioner '-beted jh. potentially,
tbs bead ol tbs city government, end,
presumably, receives a corresponding
share of attention at the hands of
tho electors.?From "The Short Bai?
lot in American Cities," by H. s. on*
bertaon, in the American H view of
Review?-? fi>r January, "V
Ths spill log drag was again put
in operation thi-i morning rnueg- lo
Ibe gratification of those who have
to irav< i the streets,
FARMERS'
UNION NEWS'
Practica] Thought* for Practical
Farmer-.
(Conducted by E. \v. Dabbs, Pres?
ident B. C. Farmers Union.)
Some Random Thoughts.
The clipping! from the columns of
a church paper so aptly describe
conditions in the farming world th t
I wish our readers would make a
note of them. Not satisfied with the
machinery we have (The Farmers*
Union) first one and then another
come3 along and proposes more ma?
chinery. To my way of thinking
more would be accomplished by
strengthening, and improving the
machine we have than by organiz?
ing so many temporary machines to
be thrown aside as soon as the im?
mediate task is finished.
? ? ?
The Clinkscales plan is spoken of
by Mr. Anderson and some newspa?
pers as the Farmers' Union plan. It
is no more the Farmers' Union plan
than Mr. Andersons' plan is the Far?
mers' Union plan. Both invoked the
aid of the Farmers' Union, and used
and will use the Farmers' Union to
the fullest extent, but neither offered
any real aid to the Farmers' Union.
It seems so easy to the outsider that
when I was approached about "get?
ting in behind" the Rock Hill plan.
I at once suggested Mr. Anderson as
the proper man for State superintend?
ent. By long distance phone I learn?
ed that he would be acceptab'e to the
Governor and commissioner, who
with the President of the State Far?
mers' Union, were asked by the New
Orleans convention to put the plar.
in operation.
see
I trust Mr. Anderson will accep'.
He will then find that it is a much
easier matter to canvass two town?
ships at his own expense than to pro?
vide the machinery and the power
money) to run a whole State. I
wish him complete success and will
give him all the aid in my power and
trust he will have more sympathy
for those of us the "old guard,"
who have been working along in our
plodding ways for six months.
a ' ? ?
The money that will be spent to or?
ganize and put through the Rock Hill
plan ($200.00 in each county in the
cottcn belt) would organize the Far?
mers' Union in a manner that would
be of permanent good. This plan
will be only temporary, and the ex?
citement while It lasts will be against
[ the growth of the Union. Men will
3ay "I contributed to or I .-igned the
Root Hill plan," "I am as good a
Unloi man as you or anybody." No?
body says "politics" to or about the
workers of a temporary plan, a
makeshift; but those who would see
something of lasting good accom?
plished In a permanent ogganization
of Farmers are looked at askance
and the question is often asked "What
office Is he seeking?"
see
Well, such is human nature! It
has always been so, and will be so
to the end of time, and possibly it is
a waste of paper and time to write
about it. E. W. T).
Presbyterian of The South.
The fact seems to be lost sight of
amongst many that it requires a con?
siderable amount of power to run
the machinery alone. The wheels and
pulleys cannot ntOVS of themselves.
It is no wonder that it is beginning to
dawn on many minds that the re?
sult of the multiplication of machin?
ery are in inverse ratio to the
amount of that machinery.
Says The Advance. "It is getting
down to the marrow of Congrega?
tional bones that we are not suffering
from want of men to rush around the
country to tell other men what to do.
but that what we need is to get right
up against the work and to do it."
Write "Presbyterian" In the place of
"Congregational." and we will en?
dorse and appropriate your words
Dr. Adams. The advisers are march
ing around here, too, and we have
barely enough power to run the ma?
chinery. None is let* to do the work
A careful observer will not the fact
that in connection with practically
nil the movements, campaigns, con?
ventions, conferences, and the like, of
the present day method It is ghoul
tile same crowd, the same individuals
the regular "old ptuard" th it com
pose the bulk of the meetings and of
tlie ma' rial worked upon. They are
faithful ami earnest and wish to help
on every enterprise! and they go a, 1
go and give ami give and submit
themselves, the same old crowd, to
the new reforms and "teama" and
"group workers" and such like to be
stimulated ami educated over ami
over again. If It were lot for them
most of the enterprises of the kind
named >uld f >n through. Ilosi of
the gatherings are held In the same
communities which have everything
of this type that comes along. The
truth is, the support for this kind of
work, its expense fund, can he had
only in certain places, with the re?
sult that these place.? and people ere
simply overworked.
Dcaln.
Mrs. Rebecca If. Mikell died a
5:30 o'clock Thursday afternoon at ]
her home on East Hampton avenue
after a long illness, aged 7 4 year.-.
She was a daughter of the late Chi f
Justice Franklin J. Moses, and was
horn in this city November 10, 1837.
Married to Dr. Thomas P. Mikell,
of Edisto Island November 22, 1855,
she made her home on Edisto Is?
land until the unsettled conditions of
the seacoast during the war neces?
sitated the removal of the family to
this city, where she has ever since
resided. Left a widow many years
ago with the responsibility of rearing
and educating a large family on her
shoulders, Mrs, Mikel devoted her
life to this duty. She is sur?
vived by five children, three
sens and two daughters: Mr.
Frank II. Mikel, of Atlanta.
Ga., Prof. W. E. Mikel. of the Law
Department of the University of
Pennsylvania, Rev. H. J. Mikell. D. D.
of Nashville, Tenn.; Miss Janie M.
Mikell and Mrs. F. M. Spann of this
city.
Mrs. Mikel was for many years ar
invalid and mingled little in society,
but never lost interest in current
events and the best literature, and her
home was a centre of culture and re?
finement. She was a woman of un?
usual torce character and those who
came within her sphere of In?
fluence were impressed by her
mental force and sterling worth. Her
whole life was an exemplification of
the womanly virtues, and In her home
life the mutual devotion between
mother and children was beautiful?
ly illustrated. Bha has gone to her
final rest after a long life of useful?
ness, In which there was both sor?
row and happiness. Her children rise
up and call her blessed, and her
friends, of whom there are many,
realize with sincere sorrow that a
good woman and a true friend has
been taken from them.
hTe funeral services were held at
3:30 o'clock 'this afternoon at the
Church of the Holy Comforter, of
which she was a communicant.
DANCE MUCH ENJOYED.
Twenty Couples Attend First of Dan?
ce** Given by Sumter Cotillon
Club.
The dance given in the Armory
Hall Wednesday by Sumter Cotillon
Club was most enjoyable in every
way. There were about twenty cou?
ples present to enjoy the first dance
given by the club. The music was
furnished by the Sumter Orchestra,
assisted by musicians from Orange
burg and Georgetown.
Refreshments were served during
the course of the evening, which
added much to the enjoyment of the
occasion for those present.
Among the out-of-town guests
present tor the dance were: ICftst Ina
Singleton, Washington. D. C.J IflM
Hallie Carrison. Camden; Miss Em?
ma Campbell, Asheville; Miss Wake
field Madison, Abbeville; Miss Mc
Swain, Timmonsville; R. M. Cooper,
Jr., Wisacky; W. A. Alston. Hagood:
B. C. Trippett, Boykin.
RESULT OF ONE LYNCHING.
Thirty Convictions Followed Hanging
of "Dry" Detective.
Columbus. O.. Jan. 1.?As a result
of one lynching, eleven men are serv?
ing sentences in the Ohio penitentiary
and thirty in all were convicted, ac?
cording to a report of former Assis?
tant Attorney General W. H. Miller,
who had charge of the case, submit?
ted today.
After the hanging of Carl Ether
ington. a "dry" detective, ac Newark.
Governor Harmon took the matter in
charge and appointed Mr. Miller to
do the work. Of the thirty convic?
tions one is for second degree mur?
der, thirteen for manslaughter, seven
for riot and nine for assault and bat?
tery. One of those indicted is at
large. In his report Mr. Miller take<
occasion to scathingly arraign delays
of the law as exhibited in prosecuting
most cases.
Mr. Ifll.ei declares that ps % result
?>f the prosecution! and convinctiom
of the Newark lynchers all records
have been broken and that an impotua
has been given to the prosecution ?
other similar cases throughout (be
country.
Uncle Pennywlse Says:
If makes a wife purty tore to write
for money and get nothing back but
a bard hick poker story
Preach, but Don't Practice.
In their admiration for the golden
rule some people allow distance to
?end enchantment to the view.
A Resourceful Woman.
Our idea of a resourceful woman i?
one who can stand h<Y family skeleton
in a corner Ol the ?*!'?' >r and make
< HAMBKR OF COMMERCE NOTES.
Looking Ahead.
The New Year is her?. It is well
for the citizens of Sumter to make
just a few New Year resolutions and
determin- collectively and individual?
ly that the year 1912 shall not have
passed without each one shall have
done something that shall have made
for civic bettermen:. It is not the
big things that count so much as the
little improvements which each citi?
zen can do with little or no cost to
himself and which in the aggregate
mean a great deal for improvement.
The city government has been doing
splendidly with street improvement
and the road drag hiiu certainly done
wonders on tho sand-clay streets.
The Civic League should be congratu?
lated for the new waste cans on the
rtreets. It is now possible for the po?
lice to enforce the ordinance as to
the throwing of waste on the streets.
It might be suggested that a few
signs on Main street calling attention
to the ordinance and tho penalty for
I throwing waste on the streets, might
be an aid in this direction. Liberty
street is still in a very bad condition
and something should be done at
once by the officers in charge.
I _
While the city is working for im?
provement, would it not be well for
the individual citizen to aid in the
work by doing a little cleaning up on
his own property? Many Chambers
om Commerce in the country, co-oper?
ating with the city government, have
inaugurated cleaning up days and the
result has been that back and front
yards^have been thoroughly polished
and back fences painted or white?
washed. The merchants, too, are
guilty in this respect. From the
('hamber of Commerce window, for
Instance, one can see nothing but
waste paper and piles of filth which
certainly add little to the health of
the community to say nothing of at?
tractiveness. One of the chief at?
tractions in Sumter are the trees and
yet they are being sadly neglected and
many are dying for lack of proper
treatment.
The citizens of Sumter should be
congratulated on the results achieved
in 1911 and if they will do as well in
1912, they certainly will deserve a lot
of praise. With the improved bank
facilities, improved business streets,
new store fronts, churches end Y. M.
C. A. and re-organlzed Chamber of
Commerce, they are now about ready
to Invite new business interprises to
the city. The foundation has been
well laid and there are only a few es?
sentials that are needed. One of
these is the ro-organizatlon of the city
government into the commission form
and a new hotel. With these Im?
provements will come many things
that will aid the material welfare and
bush ess of the city. Without the
hotel we are unable to properly en?
tertain our guests or to invite conven?
tions to Sumter. With the commis?
sion form of government wilt come
Improvement In city administrat'on.
There are many Industries that
Sumter could support and which are
sure to pay handsome dividends to
13ay nothing of the increased business
In r-very line. A shoe factory Is one
one of these. A canning factory Is
another. Others that might be men?
tioned are wood working plants, such
as factories rm king furni -ire i?es
and boxes, woodwarc buckets. wa?
gons, also making cheap clothI^~ -us
penders, overalls, trousers, to- i and
awnings, wood pulp, rontreewp*, sV-ts.
handkerchiefs, soap, starch et*?
harness and many oth~- 'iM >s
that might be meni'oned.
Every effort Should ?>???! ?>
build up the ?utTOUndln** f-<r
try and trucking an 1 d r a
should be encouraged. Tn
lines each citizen can do '
They are not coming ell i
if the effort is ' proper!" ?*
the citizens of Sumter v
the results obtained fr i I *i
years of endeavor will sbov
ing results. Remember too, rflfH I
first few are the most dtfcuM t?-? '>
tain. In obtaining those first f#W
our business men must strain ov<??>
resource.
The fertilizer men :tay that the far?
mer buys nothing at so si il a pro?
fit to th<; man who handle it as the
fertilizers that he buys hi f fe >s?
fertilizers do not do m than V
for themselves, what is the use
the farmer using them? He |ue' *
that much work for the fertilizer
factories without charging them for
it. There are other and better ways
of building up the lands that he has
He might raise cattle, which is | f.u
better way. when he is assured of a
market for his rattle, and he might
do Other things, but we cannot agree
that the use of anything that does
no more than pay for Itself can be or
profit to tho farmer.?Florence Times
Among the cars sold recently by
automobile dealers in this city was
a biir six-cylinder, seven passenger
IV ritt touring car, Which was dcliv
er< -1 by the Shaw Motor Com pan]
Mr. Llyod of fJsargctown.
See D. C. Shaw Co'S ad in
sue.