The watchman and southron. (Sumter, S.C.) 1881-1930, September 29, 1915, Image 3
\l UlTOltS Ml IttrlLY lNsTlUCTlh
TO l AHHY otT LAW AS \oW
ON sTATl'Ti; HOOKS.
State Tax ( (uninUsUiii Kxplaln* How
I rroneous Impression lias lUvn
< iratr?t In Minds of Auditor*.
Columbia, Sept ?Thrn? seem
to ha a tola' mlsundctstanding of
the matter o" the taxation of haul
this yeaFand In some quarters the Idea
apparently prevails that a new meth?
od ha* been ordered by the State tax
commission. This Is entirely erron
eeus, for the tax commission is simply
Instructing the county auditors to fol?
low the law which has been In exist?
ence for many year* and to assess the
tax against the shareholders after de?
ducting the real estate. The banks
pay the taxes on the shares of stock
and the shaieholderi, this being per?
mitted under the law, us has been the
custom for several years.
For Instance, In Greenville county
the value of the hank:* in 1915 was
ti.9f1.U48. and the assessed value for
taxation was $95*.46?, which is a basis
of 4i. 1 per cent. The value of the
hnnles for the county last year, 1914,
was fl.t40.215, and the assessed valu?
ation for 1914 was $869,750. The In?
crease In assessed value in taxation
agtinst banks In Qreenvllle this year
Is Iii.710, and this is accounted for in
two ways. First, $22.220 of this rep?
resents actuel increase in value, either
In capital stock or surplus, and the
rest, $11,490, is accounted for by the
placing of the banks of Greenville on
a basis of 48.1 per cent for taxation
Instead of only 41, as thoy were In
1114. The raise to 48.1 was made be?
cause Spartanburg and Anderson
banks are assessed on this basis, and
this la the basis which the commission
la using in getting* all bank assess?
ments. The 4 8.1 per cent is the basis
throughout the State, and some bunks
which have been assessed at 60 per
cent, or more are reduced to 48.1, and
some which are way under are raised
In the manner of equalising bank as?
sessments.
In ftlcltland county, where the
banks have never been under a 60 per
cent basis for taxation, the assessed
value last year for taxation was
$1.351,210, on a value of $2,830,765.
In spite of the fact that the Hlch'and
banks were reduced from a basis of
It pee cent, to 48.1 In uniformity with
ths rest of the State, the value for
taxation this year Is $1.492,109, on a
1 value of ft*, 101,10*. all of which Is duo
to the increase in bank values in the
county. Had the amount of capital
Invested In banks and the surplus not
frown the banks of Itlchland county
on the returns of last year would have
factually been reduced $130,516 for tax?
ation, but the increase in capital ami
surplus accounts for the lncreuse In
the taxable property.
? >ue official pointed out that there
was ever $1.000,000 increase In the
amount of money Invested In capital
stocks of hanks In 1914 In spite of the
hard" times brought on by the war
and naturally the taxable property of
the banks has been increased in that
proportion
The public has an idea In some
quarters that they are being taxed for
their bank stock differently from
what they have always be. n, but this
la not so. Tho taxes are assessed
asulnst the shares r?f stock, but the
bank pays the taxes this year, us they
have been doing for years.
The following letter sent to the au?
ditors by the tax commission will
serve to celar up this matter in tho
minds of the public
Mr M C FHtiftSj Counlv Auditor.
? bester, s. C.?Dog* Sir: Wo are in
receipt of y.?ur letter of tho 22nd in?
stant relative to bank returns. it
seems from your letter that no real
estate owned by any of the banks in
CSsttttt attests Is assessed on the tax
duplicates, us required by law. You
ask whether or not the returns for?
warded you by the tax commission in?
clude the real estate, or is the real
estate owned by U*. banks to be de?
ducted frofn this return and the bal?
ance t<> at gggtggtd against ths share*
holders
In reply I will say that Section : r.
Of the Code provides the manner in
Which tuxe^i rdiill I.. ,.n| and ap?
portioned among the shareholders.
From this it will be seen that It l*>
the duty of the county auditor, upon
receiving the returns provided for by
law. to deduct from the actual tot ,|
Value of tho shares in any such bank
or banking associate.n the appratS d
v nine of the re,11 . ?.? r?Wge4 by such
bank as same stands assessed on tie
duplicate, tnd the remainder of the
total value of such shares shall he
? ntsred on the duplicate of the Bounty
In the names of the owners thereof
In smounts proportlotted to the num?
ber of shares owned by each ns re?
turned on said sworn statement, and
f?e charged with taxation at the same
rats .?s charged upon the value of
other personal property at the pta<<
where such bank or bunking associa?
tion Is located.
"As no real estate hns been retnrn
r I or nssess#?d In Chester county us
real estate feg the btggjlgf, rgf course.
ihn.' is m> deduction tu be m uir rrom
th?' MMMMtOl as seit voll by the
Male tax oommtMloiii bul the amount
of tin- MfOMinont should !?? entered
up tu Um names of the shareholder!
tu accordance with the ol share
holdon and tiiamount apportioned to
eh of nid shareholders as hereto?
fore forwarded you by ihe tax eom
mission.
in ttiis aonneetion we deal re to tail
v.,in attention to an erroneous Im
presslo u that si t ins to be in tho minds
of many of tin* county auditors and
Ifaaeuren throughout the Btate as to
the manner ol anterlnn up these as?
sessments against the iharenoldtra of
banks on tin- tax duplicates.
?The law. as above quoted, requires
that the value of such shares shall
be entered on the duplicate of the
county In the names of tho owners
thereof, m amounts apportioned to tho
number of Shares 0Wiled by each. This
docs not mann that the value of these
shares shall be entered alOttf with any
other property that he might own, nor
does It mean that this tax, as as?
sessed. Is to be paid by the individual
shareholder.
"By Section 317 of the C it Ifl
provided that the banks may pay the
taxes assessed against the sharehold?
ers, and by the Act of February 21,
191 :J. at page 200, State banks are re?
quired to pay these taxes, so it will
be seen that it is entirely an erro?
neous Man that theHc taxes aKainst
shareholders are to be paid by each
shareholders separately. These taxes
are to be paid as they have always
been heretofore paid, by the banks for
the shareholders.
"Yours very truly,
"South Carolina Tax Commission."
THROWN IN BURNING CAH.
Only Twenty of Eighty Accounted for
After Escapade of Wild Yuqul In?
dians.
San Diego, Cal., Sept. 26.?Eighty
passengers of a Southern Pacific Mex?
ican train were thrown into a car
l out lining hay and the car set on
fire by a band of Yaqui Indians Fri?
day near Torres, Sonora, according to
radio advices received here today from
Ilermo/.illo via Ouaymus.
Only 20 passengers have been ac?
counted for, the others having been
l)urned to death.
The Indians, according to the re?
port, numbered abuut **>0 and were de
Mftafl from one of the Mexican fac?
tional armies. They llrst derailed the
train, which was running from Cam
po Verde to Torres, then placed tin.
passengers, most of them women and
children, In the hay car and applied
the torch.
So far as Is known no Americans
were on tho train.
Torres Is 70 miles north of Guay
mas. . '
GEORGETOWN MAN DEAD.
L. I Bollek, Chief Of Police, Suc< umbs
to Attack of Heart Failure*.
Columbia, Sept. 27.?L. L,. Bollok,
chief of police of Georgetown, died
in a Columbia hospital yesterday af?
ternoon shortly after 1 o'clock, tho
cause of his death being angina pec
toils or a constitutional weakness of
tho heart.
Mr. Ho'ick was passing through Co?
lumbia on his way to Georgetown
from the Piedmont section. lit; suf?
fered his lirst attack about I o'clock
Yesterday morning ami a second at?
tack at H o'clock. His attending physi?
cian advised his remaining in Colum?
bia for treatment, but Mr, Bollek died
when the third attack occurred about
1 o'clock.
Mr. Polick id a native of Kidgeway.
but has lived in Georg? town for a
number of years.
LOCOMOTIVE Woltlis OIIANGH
HANDS.
Charles M. Schvtab Secures Control of
Baldwin Works In Philadelphia?
For War Purposes.
Philadelphia. Sept. If,?Control of
the Baldwin Locomotive works in this
city has been obtained by Qharles If,
Sch\\:ib of the Hethlehein Steel cinii
Sany and the IniPont Powder com?
pany. aOfl 'tiling to well authenticated
i cp< ?rts here tonight.
According to the reports which
could not be confirmed tonight, the
looomoMvc works will lie re-Incorpo?
rated and converted into a plant for
?M manufacture of war munitions,
railroad equipment ami general steel
products in association with the Beth?
lehem Bteel company,
GREAT sToil.M OVKR ITALY.
VaUcnn Wooeled ami Great Da usage) Is
I Ceportcd.
RoWM, Saturday. Sept. IS, ? (Via
Pa 's. S? p.t H.I A great storm Is
ra*lag throughout Italy, causing
Hoods ami landslides. Trees have
Ijeen uprooted ami overllowlna rivers
nave drowned cattle. Thus f ir. no
lost of human lift- has lern re port 0.1.
Telegraph and telephone services are
treatty deranged* The Vatican was
Hooded, but firemen ami gendarmes
i fOVauted serious anlangt?
iU'MOHH AT (iEORGETOWN.
IV0)|llc in That City Interested in Kc
poit (it Pfisslelc Munitions riant.
Georgetown, Sept. 2I>.?Lively inter?
est was Ulken In the reports in The
News ami Courier this morning of the
possibility oi the DuPonti building a
munition plant here. For several days
there have been vague rumors of this
possibility, but little was thought of it
until this morning's reports. The
News ami Courier's correspondent
OOUght Mr. John Bolt, superintendent
of the DuPont alcohol plant here, and
made inquiry as to the plans of his
Company. Mr. Bolt declared that he
had hoard nothing of it. His plant
has been running night and day since
the war began, and rushing the out?
put to the powder factories in Dela?
ware. The Georgetown plant is the
only one ow ned by the Du Fonts, and
it would not be surprising if the big
powder company should locate a mu?
nition plant near their alcohol plant.
It goes without saying that George?
town would welcome the new enter?
prise. This would be an ideal place
for such a plant, with excellent rail?
road facilities and plenty of water for
shipping.
HORSE SHOW NOTKS.
Kentucky Horseman Will Hrlng
String of Celebrated Prise Winners.
Mr. William Collins, junior mem?
ber of the lirm of John T. Collins and
Son, Of North Middletown, Kentucky,
has notified Secretary George D. Shore
that his firm will have a string of
horsei at the Sumter Horse Show Oc?
tober ltth, 11th, and 15th. Mr. Wil?
liam Collins will be here himself. This
Well known lirm of owners of cele?
brated horses own the sensational
gelding "Woodrow Chief," and the
celebrated mares "Oriance" and "Dal
phine" famous prize winners and oth?
er magnificent horses.
Mr. William Collins is graduate of
the University of Kentucky, and won
the silver trophy cup given by the
American Saddle Hreeders* Association
In the Vjl3 students' judging contest.
He is a well known breeder at the
leading horse shows of this country.
The interest in the approaching
Sumter horse show by owners
throughout South Carolina and other
Southern States Is very gratifying to
the ofllcers of the association, and to
the people of Sumter.
?very effort is being made by the
association and the Chamber of Com?
merce to advertise the 1015 show and
the cattle and swine exhibits. It is
proposed to make this one of tho
biggest fall shows in the Southern
States for tho 1015 season. The citi?
zens of Sumter and the entire county
are very much interested and are co?
operating heartily with the business
organizations to bring the biggest DOS*
Bible crowd to Sumter, and to make
this fall's exhibition of thoroughbred
animals I great success.
The business men of Sumter are
very much interested ami that is o
good sign for success. The farmers of
Sumter and adjoining counties are
showing unusual interest and are co?
operating gratlfylngly indeed.
It should be borne in mind that the
cattle and swine exhibits are allowed
to be entered free of entry charges,
and the cattle exhibits are open to cat?
tle of any breed and any age. Hogs
are, however, to be Judged on im?
proved or "pure bred" points. At?
tractive premiums will be awarded in
all OlassSS of the several departments.
CLARENDON COURT CLOSES
< riinitial Docket About dear?Com?
mon Pleni Mouduy.
1
Manning, Sept. 2:5.?The Criminal
Court adjourned hero last evening
with the docket practically cleared. J.
T. Hamilton, white, pleaded guilty to
breach of trust Tuesday, after a mis?
trial in Ills case Monday. The case
against the Messrs. Turbeville for ob- <
?truetlon of a neighborhood road re
suited in a verdict of not guilty. Tho
only murder case on the docket?that
against Billot Hynum, alias "Dig Hoy"
?resulted In a verdict of manslaugh?
ter with recommendation to mercy.
The court of common pleas will
Convene lu re next Monday with Judge
Hhlpp on the bench. The civil docket
is very heavy, and it seems there will
be a fuH week's work.
Willing to Pay 1? Cents for Cotton.
Washington, Sept. 24,?The group
of German firms which recently of?
fered to buy a million bales of Ameri?
can cotton at 16 cents n pound if de?
livered in I.remen, today cabled Sens
tor lloke Smith they now are willing
to pay i'i cents,
The firms have deposited securities
with the American consulate In Ber?
lin to cover the purchase price and
guarantee thai the cotton will not be
put to military or naval uses. De?
livery at Itremen win Iks Impossible,
however, unless some modification of
the Itritish orders in council ami con?
traband orders can be obtained.
The message received by Senator
'smith was signed by the Deutsche
I Dresdener ami Dlscnnto banks of Her
I].a and Up .National Uailk ol Hremen.
COURT CONVENES OCT. I ITH.
Judge Bhlpp Will Preside at Coming
Session.
The first week's jury was drawn on
Saturday for court which will convene
here on October 11th, Judge Bhlpp
presiding:
J. Fra: k Williams,
W. H. Felder,
A. L. Norhcutte,
J. A. Lewis,
J. M. Chandler,
W. J. Jennings, Jr.
W. B. Burns,
J. L. Sibert,
S. K. Rowland,
i W. L. Brunson,
I L. L. Hunter,
j Irvine M. Richardson,
M. H. Beck,
( E. E. Ilaigler,
1 J. S. Dwight,
S. R, Chandler,
S. E. Riekenbaker,
C. D. McKnight,
J. M. Clark,
Jake Rrogdon,
I J. M. Harby,
M. H. Hodge,
T. S. Drayton,
Jerrimiah James,
H. C. Tucker,
W. H. Jennings,
J. H. Myers,
M. H. White,
J. E. Bradford,
b. W. Brogdon. Jr.
W. Li. Boyle,
i W. J. McKagen,
F. A. Wood,
D. G. Brown,
R. W. Bradham,
J. T. Cummings.
THIRD GERMAN WAR LOAN.
Reports Indicate It lias Been Great
Success.
Berlin, Sept. 23.(?by Wireless to
Tuckerton.)?Tho Overseas News
Agency says today:
"Reports from all sides Increase the
belief that the third German loan,
subscriptions to which closed yester?
day, has been a great success. The
Lokal Anzeiger ligures that the sub?
scriptions generally have been 30 per
cent higher than those for the second
loan. Stock Exchange estimates are
;even higher. Conservative estimates
are that the total of subscriptions will
be greater than that of the second
loan. Delinite ligures are not ex?
pected before noon on Fniday."
"The closing hours of the subscrip?
tion period developed interesting
scenes about the Reichbank, where
'an immense crowd had gathered. In
the waiting line were working women
who held in their hands deposits of
from 100 to 500 marks and aged war
veterans bearing bank notes.
'The whole scene was a patriotic
demonstration, largely of the lower
and middle classes, showing that tho
third loan is in the truest sense of the
word the people's loan."
NO BLANKS RECEIVED.
Why Clarendon Returns Were Delay?
ed.
Manning, Sept. 2 5.?That the Clar?
endon county returns from the prohi?
bition election of September 14 were
not sent In on time was due, it was
said today, to lack of official banks
lor sending In the figures to the State
board of canvassers.
One reason why the State board
failed to declare the resdlt of the pro?
hibition election, H was stated by a
spokesman for the board, was that the
returns from Marion and Clarendon
counties had not been received.
InQUlry here today elecited the in?
formation that Clarendon county had
not reported in due time because the
official blanks were not furnished by
the proper officer and were not ob?
tained until written for after the time
limit had expired. No one assumed
that the blanks would not bo here in
due time and hence no one presumed
to make requisition for them, it was
explained.
Freshmen Rebel at Green Caps.
The freshmen of Wofford college
have locked horns with the rest of the
student body on the proposition of
[wealing green caps. At a meeting of
the freshman class, according to unof?
ficial reports from the campus, the
"rats" have decided that they will not
obey the mandate of the student body
which adopted a resolution a few days
ago to the effect that the freshmen
must all wear green caps. The ship?
ment of green caps, ordered by a local
merchant for the occasion, did not ar
'rlve on time, it is understood, and
hence the evil day was unavoidably
postponed. Whether or not the fresh?
men shall wear green skull caps Is a
subject upon which one may start an
argument most any time of day or
night on Wofford campus just now, it
is said.?Bpartanburg Herald.
Money for Carransa.
Washington, Sept. 27.?Gen. Gutter
res, a former president of Mexico, has
turned ovor two million pesos to the
<'arrnn/istas. He pad held the mon?
ey since the lluei tu downfall.
GEN. MOORE \ ( KACK SHOT
Adjutant General Makes High Beete in
Contest.
Columbia, Sept. 2:',.?Adjt. Gen. W.
W. Moore is making a good score in
the target rifle range now under way
at the State rille range near here to
select the team which will represent
this State at the national meet in
Jacksonville, Fla. The Adjut mt Gen?
eral on yesterday stood eighth among
all those participating and tilth among
the oilicers making a score of 210 out
of a possible 250. There arc 4 3 men
and officers competing lor places on
the team and some good scores are
reported, although weather conditions
have interfered In sonic slight de?
gree.
There will lie twelve members of the
team from this State which will par?
ticipate In the national meet anil
[three alternates. The target practice
'comes to an end this evening and the
winners of the team will be announc?
ed tomorrow morning and the names
i of those who will be on the team an?
nounced. Major J. W. Hradford, of
Sumter, is the executive officer in
^charge of the shoot at Camp Styx.while
ICapt E. 13. Cantey, of Columbia, is the
coach.
WORLD'S GREATEST LAYER.
Lady Eglantine Gives 287 Eggs in 330
Days.
Philadelphia, Sept. 26.?A new
world's record for egg laying competi?
tions was established today, when
Lady Eglantine, a White Leghorn? laid
her 287th egg in 330 days at the Dela?
ware College Agricultural Experiment
station, Newark, Del. The best pre?
vious record was 286 eggs in i>65 days,
made last year by a Plymouth Rock
hen.
The new champion is an American
j hen, bred from an English strain. Five
hens of this strain have laid 1,138
eggs in 4 7 weeks. The average hen
.lays about 70 eggs a year.
BISHOPS SECRETARY ADMITS
THEFT.
George C. Stowers Declares He Has
Stolen Fifteen Thousand Dollars
From Employer.
New York, Sept. 26.?A man who
said he was George C. Stowers, 30,
former secretary to the Rev. C. K.
Nelson, Episcopal bishop of Atlanta,
ga\ e himself up to the police tonight
with the statement that he had stolen
$15,000 from Bishop Nelson during
the last eight years by raising his
pay checks. He said he came here
three weeks ago and that he was
prompted to confess because his con?
science troubled him.
COKER COLLEGE OPENING.
Enrolment Exceeds That of Last Year.
Hartsville, Sept. 23.?The formal
opening exercises of Coker College
were held today at 10 o'clock. The
registration of students began yester?
day morning. Already the enrolment
in tho boarding department exceeds
that of last year at the same date by
thirty and others arc still to come. It
has been found necessary to provide
extra rooms, which fortunately could
be done very advantageously.
CLEMENCY IS DENIED.
Joe Malloy to Be Executed September
29th.
Columbia, Sept. 25.?Gov. Manning
has refused to interfere with the sen?
tence of death given Joe Mal,loy, a
negro, in the Marlboro county court
for murder. The State pardon board
refused to recommend the sentence be
commuted to life imprisonment. Mal?
loy was convicted on the charge of
killing two white boys. His case was
recently afllrmed by the United States
supreme court and he will be electro?
cuted September 20. The four Ches?
ter negroes will tie eletrocuted on the
same date.
TOYS MADE IN GERMANY.
Dutch Steamer Brings Big Shipment to
New Orleans.
New Orleans, Sept. 23.?Included In
the cargo of the Dutch steamship
Sloterdijk, arriving here today from
Rotterdam, were 1,847 cases of Ger?
man-made toys, s;yd to be the. first
shipment of Christmas novelties from
Germany received at a Southern port
this ye. r.
BOY CORN CLUB EXHIBIT.
State Agent Baker Secures Space for
Display at l air This Fall.
Columbia. Sept. 27.?Plans for an
exhibit by boy cbrn growers were dis?
cussed at a conference in Columbia
yesterday between L. L. Baker of
Blshopvllle, State agent for the boys'
work, and D. P. Etird, secretary of
the State fair.
"Wo made arrangements for space,"
said Mr. Baker, "and 1 hope to bring
an excellent exhibit to the fair. Pros?
perity has returned to South Carolins
and 1 believe that the attendance at
the fair this year will be the largest
in the history of the society."
GEN. MXDEHO ARRESTED.
lie Will Ik' Prosecuted for Entering,
the United States.
Washington, Sept. 25.?Confirmation
of the arrest of'General Raoul lladero
and a half dozen of his staff near
Marfa has been reeeived. They will
be turned over to the immigration
authorities and will be prosecuted for
illegally entering the United States.
Reports that Gen. Agetee has deserted
Villa are unconfirmed. (Jen. Angeles,
is here for a conference with Secretary
Lansing.
VILLA PLANS ESCAPE.
Itcport cd That He Is Coming to Unit?
ed States With Loot.
El Paso, Sept. 25.?Carranza agents
here Informed the representative of
the International News Service today
that Villa has made plans to take ref?
uge in the United States with the
huge sum of money he has acquired
during his reign in northern Mexico.
The United States ollicials will be ask
ed to prevent bandit chief from bring?
ing this alleged loot into this country.
Five Mexicans Killed.
Brownsville, Sept. 25.?All the Mex?
icans who attacked the American
troops escaped across the border, ex?
cept live who were killed. The Mexi?
cans have placed machine guns on the
International bridge at Matamoras,
according to refugees, who state that
all movements of American troops are
reported to Gen. Nafarrate.
CANVASS VOTE OCTOBER 5.
State Bo;>rd Has to Wait on Prohibi?
tion Returns.
Columbia, Sept. 23.?The State
board of canvassers assembled this
morning to canvass the returns of the
prohibition referendum election, but
because all the returns had not been
received from every county the board
recessed. The result will be declared
on October 5, as the State board can
wait for fifteen days before declaring
the results. They are waiting to re?
ceive the returns from all the coun?
ties.
SEALED BAG FOR EMBASSY.
Said to Contain Fragments of Torpedo
Picked up on Deck of Hesperian.
New York, Sept. 26.?The White
Star liner Cymeric which arrived here
today from Liverpool brought a spe?
cial sealed bag containing matter for
?the British embassy at Washington.
It was said the bag contained frag?
ments of a torpedo picked up on the
deck of the Anchor line steamer Hes?
perian, sunk nearly four weeks ago
in the war zone, and additional let-%
tors and affidavits relating to the
case of James F. J. Archibald, who
was ambassador Dumba's messenger.
DOING THEIR DUTY.
Scores of Sumtcr Readers arc Learn?
ing the Duty of the Kidneys.
To filter the blood is the kidneys'
duty.
When they fail to do this the kid?
neys aro weak.
Backache and other kidney ills may
follow; fc j
Help the kidneys do their work.
Use Doan's Kidney Pills?the test?
ed kidney remedy.
Sumtcr people endorse their worth.
Mrs. L. F. Adams, 508 Oakland Ave.,
Sumter, says: "I had dull pains in
my back, along with headaches, dizzy
spells and other symptoms of kidney
trouble. When I heard about Doan's
Kidney Pills, I procured a supply at
Zemp's Pharmacy and they relieved
me. One of the younger mcmoers of
our family complained of headaches
and pains in the back and was annoy?
ed by the kidney secretions passing
too freely. Doan's Kidney Pills were
also used in his case and relieved all
the ailments."
Trice 50c, at all dealers. Don't
simply ask for a kidney remedy?get
Doan's Kidney Pills?the same that
Mrs. Adams had. Foster-Milburn Co.,
Props., Buffalo, N. Y. 20
AD-A-LINK
For Friendship's Sake
Original?Simplified in con?
struction. Get a link here,
have your initials engraved.
The Links can be strung on
a ribbon until yon get
enough Links to make a
bracelet, and we will join
them together for you free.
Gold Killed and Silver 25c
each Link.
W. A. THOMPSON,
Jeweler and Optician