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1st" ^ We've oft l|l our Shoes j|| ever mad< h have nev< ? P Shoes, th ^ while to 1< IS3 I don't pro a If we do > learned w | money.. J women i 1 |H won't insi |fj let you be BThe Bti Mpi saw I IVI . . LOCAL LACONICS. Happenings of Interest About Town. Mr. Rob. Sartor spent Sunday in Chester. Mr. G. C. Glymph spent Sunday in Spartanburg. Miss Pattip Thomas, of Spartanburg, is in the city. Mrs. J. H. Wilburn is visiting Mrs. J. W. Sanders. Mr. O. E. Thomas, of Saluda, was in town Monday. Mr. Charles Boineau, of Columbia, was in the city Tuesday. Mr. G. I. Lawson is at present employed in the clerk's office. Miss Maria Wid is visiting her sister, Mrs. Brandon, at Buffalo. Mr. Thomas Dean, who has been abroad, has returned to the city. ' Misses Bessie and Mattie Wilburn arc visiting Mrs. David Wilburn. Mr. V. E. Hector, of Greenville. passed through the city Tuesday. Mae. Will Hunter is in town as the feuest of Mrs. Crown Torrcnce. Mrs. W. H. West, after a visit to Wilmington, has returned home' ^ Mr. I. A. Phifer, of the SpartanW hurg l>ar, spent Monday in the city. Mrs. D. P. Steel, of Rock Hill, is visiting her brother Mr. Jno. P. Gage. Miss Atkinson, of Chester, arrived here Tuesday to enter Clifford Seminary. Miss Julian of the faculty of the College for Women passed through Tuesday. Mr. C. H. Bulkley, of Wilmington, was in the vicinity Sunday and ' Monday. Mr. Simon Heide, a member ol the Charleston bar. was in the cits last week. Mr. Walter C. Taylor, of Greenville, was in the city Monday visiting friends. Miss Mary Flynn returned tc x Greenville, Monday, where she will again resume her studies in Sacrec Heart Academy. LL A1 en said, and still s i equal in fit and e, regardless of pri< ir seen or worn a ten wouldn't it be w )ok into the math ^e our claim you los ou gain, because .t ? - * * * nere 10 get tne mos A complete line ind children. Tr ist on your buying the judge. liley - Copel i and Boys Outfit* saraaBsiiMttSffi Mr. W. A. Edwards, a prominent architect of Columbia, was in town this week. Lieutenant-Governor John T. Sloan, of Columbia, passed through the city Monday. Mr. Lafar Lipscomb, of Gaffney, who has many friends here, was in the city this week. ? Rev. A. A. James and wife wore in the city Wednesday to sec their son Mr. B. B. James. Mrs. H. F. Scaifc and Miss Mildred Scaife have returned after an extended stay out of towni Mr. J. R. -Jefferies, of Gaffney, went through Tuesday on his way to the South Carolina college. j Mr. L- S. Mattison, a wealthy | insurance man of Columbia, passed 1 through the city Tuesday afternoon. Misses Blanche and Catharine Thomson left Wednesday to enter the College for Women in Columbia. Mr. Will Perrin leaves today for his second year at the University of Marylan4 in the medical department. Hon. L. J. Browning, of Sedalia, was in the city Tuesday and his many friends were glad to see him again. Miss Miriam Switzer, vice-president of the College for Women at . Columbia, came through the city Monday. Mr. E. G. Scibcls, a prominent insurance man and capitalist of Columbia, passed through the city ^ recently. Misses Leila Blackwcll, Azile Tinsley and Pearl Briggs spent Saturday and Sunday at Dr. Prior's ! in Chester. Mr. Gadsden Shand, the noted architect of Columbia of tho firm of " Shand and I^aFaye, was in town ' last week. . Mr. Wm. Kerr, of Urecnwood, r spent Sunday and Monday in the city as the guest of his sister, Mrs. Thomas Estes. The Clifford Scminaiy students have been coming in every day now since Saturday. The exercises be> gan promptly at 9 o'clock Wcdncsl day morning. The jlormitory is 1 full and many day scholars aro in Attendance. 1; ' IT! ; ay it, that 1 wear any || " :e. If you | 1 ny of our |1 1 ' ui tn ^uur ^ v ir? If we i e nothing. 1 j< you have If '! >t for your pi for men. || ;; V us, we 1 J , we will and Co. 1 \ ers* H mm! ; , n ABOUT DUNCAN'S TWO Mil I S ? s] (Continued from 5th page.) -n f. | cicring, it is sufficient to say that the view of Mr. Duncan was that cotton was going to be lower than , ten cents, and as jj result considera- .. ble loss was charged to the cotton j [account of the Duncan mills. Theso , losses became known, and the result was that the creditors became . alarmed and began harassing, and I1 that was the cause cf the whole 1 trouble. I1. I Mr. Duncan is satisfied, abso- . lutely satisfied, that the stockliold- !! era will not lose a dollar of their investment, and he wants every one 1 to understand that there is no pos- ** sibility of loss unless people lose their heads, or something happens . over which he has no control. of NEW DIRECTORS. bl Alnjut a week ago a meeting w^is ft1 held in Union, when Mr. William I Winchester, of Baltimore. Mr. IT h IC. Fleitmann, of New York, Mr. w John A. Law, of Spartanburg, and 8* Mr. Edwin W. Robertson, of Co- " lumbia, were put upon the board of ^ directors of the two mills. h These gentlemen have gone into ^ the undertaking with a full realiza- ^ tion of the financial difliculties. They will examine into every detail of the situation and get everything \x out that there is for the creditors w and stockholders. d Mr. Robertson, who has had ab- h solutely no interest in the property, tl through the bank of which he is president or otherwise and whose n sole purpose is to mako a success of- Bt this, as he has with every other |> thing he has undertaken, is in charge of the financial policy as ^ treasurer. f, An executive committee consist- p ing of Messrs. Fleitmann, who is ;v the largest creditor, Winchester and n Law, all stand in touch with the situation and are giving the fullest h co-operation to the solution of the g( (problems during thoreorganization. C( Admitting that the liabilities a nuuivi iuii up UB iiiuuil }l? HVll IlIHI ft half millions or three millions of l> dollars, there will be a considerable 0 margin, in fact a par margin for 8I the stockholders. 1 From what I can understand, the ^ properties an; in excellent physical ii condition. f i An expert mill examiner, who g has recently been here, figures that the properties were practically worth f \ 14,000,000; that is not counting icrtain kinds of investment that are lot included in the cotton mill msincss. The capital stock liability of -the nills is $<">00,000 for the Buffalo nills, one-half of which is common tock and one-half of which is precrred, and $758,(XX) of stock for he I'uion cotton mills, $600,000 of rhich is common and $158.(XX) preerred, making a total stock liability f $1,358,000, which would leave he stock in good shape, no matter hat disposition may lie made of he other indebtedness. Again, the two properties are in ne running condition and are noncy-makers. The contracts that re now in force at Buffalo are upon YtV)!*f flfAA/la nnrl imvn " n|/v* v Qwviw Ufitvi II Vi V JilUrUU U JiUll 11 rofi table basis. The Union cotton mills have no ontracts at this time, but the outx>k is promising for them to get rofitable contracts also, better than ould have been made earlier, 'rom what can be understood the wo millsr earn as much as 87o,(XX) er month. W1IAT DIKECTOKS SAY. It is quite necessary to discuss hat the board thought or knew of lie cotton dealing of the president, t may bring about a controversy, ut it is quite sufficient to suggest mt members of the lxiard say that ich dealings were unauthorized on lieir part, and the recent losses ere complete surprises. IIELI) IN UNION. It is understood that a majority f the stock in the new mill is held y the people of Union; in fact, om what can be understood, al>out ve-sixths of the common stock of lie Buffalo Mills is held here and a lajority of the Union stock is held i Union. People here are all much inter?ted in the future of these enterrises. Regardless of the present ituation, Mr. Duncan has a great lany warm friends and supporters, nd the people, stockholders and 11 here generally regard him as the ackl>onc of the remarkable indusrial development that has done so luch for this commonity, and they tin say nothing but the kindest liings about him. It is expected that some feasible lan of reorganization and of remding the indebtedness can be cached. In the meanwhile it is tter, folly for any one to be impa .Vint or ui resort to extreme measres. Some people may .suggest that if lie local board of directors were ot cognizant of the cotton investlcnts thcx ' ought to have been, he January statements of the mills lowed a surplus of $415,(XX), which ldicatcd a healthy condition of aflirs. The mills had prospered, and it a most common thing that where lore is a strong, honest, robust inividual at the head of a corporaon, to leave matters entirely to lat head and not to interfere or other with his administration. The stockholders and directors of ldustrial enterprises the world over avc their immediate personal busiess affairs to care for, and leave ic administration of corporations 1 which they are stockholders enrely in the hands of the executive cad, where they have such entire infidencc in him as they have in oni Duncan. The conditions here were not ifferent from what they are in ther communities where responsiIn lino/Iu nvni*nion n 1 iv?al4 iv nvtkvto vaviviov annuel uilllllUliUU uthority. There has been sonic newspaper ilk about cotton getting out of the archouses that was under niortige to certain banks or individuals; 1 other words, it has been' stated lat some of the cotton that was ypothecated for cash loans, and mt was supposed to be in the ware ouscs, has not been found there. WILL BE PAID FOR. It was stated that this cotton was i the ware houses, and that the arehouse company is entirely a istinct corporation and the ware ouse compivny !s responsible folic cotton that was placed there, lbject to loans. If the cotton is ot in the warehouse, and it is tatcd that about three thousand ales have been used without re:ase, the mill corporation is rcponsible for all this cotton, and rom what can be gathered it apears that the cotton, whatever the mount may be, was used in the lill and will be paid for. Between the mill and the ware ouses the holders of the paper will ct their money for every bale of atton that may have liecn used in pinch, if at all. The mill investments here are ona fide. All of the mills and all f tho oniemriKOH worn Imilf lock that was actually paid for at 00 cents on the dollar. There as no high financing or skyrocketig. All of tho money was gotten rom actual stockholders and no ratultous or bonus stock was issued. Erom what can be ascertained, ully four millions of dollars are /hat s Going Ahoi I IF YOU C A $3 Bed for $2; H 75c; a $2 Rocket jfj Rocker for $ 1.98 fH for $3.98; a $10 ( ft $7.50; a $4 Saf H Dining: Table fo H tress for $2.50; ? 60c; a $9 Go=C || $1.50 Pair Lace la $2 Boy's W H $9 Pair Silk Fi jgjj for $7.50. i bailey eur ini n hi ug ^ *?4 a?^ ill j WAG |j You cannot m; fe by buying an fe Wagon, whk 1 the test for i j| years. j| ....SOLD I Peoples S represented in the actual cost of the " property and accessories. The properties are here. They are upto-date, and with Mr. Duncan and Mr. Fleitmann and Mr. Robertson j (iiid the entire Ixiard cooperating,1 some sensible, safe and sound plan , can, and will be, mapped out ^ whereby the creditors will get their money and the interests of the stock 1 holders here will be protected. The stockholders' interests are 1 now secondary to the outstanding 1 obligations of the mills. This is always the case with corporations that have no bonds, and with the debts paid or arranged for the stockholders will be I Hitter pro- ( tcctcd. It is only fair to say that IJdion's other enterprises?banks, ' mills and industries?are in no wise | affected by the situation at Union and Buffalo. Certain individuals are largely interested, for this has l>oen a united community, and in Union there has Ixjen the added strength of union, and these people are the real stuff and are iroiiu/ to fsdl intn line. Bring your job work to The Times. We can please you. <r Osi? liars ire You I to do | Jt it J :an buy 1 a $1 Chair for gg * for $1.48; a $3 | ; a $5 Bureau ^ Dak Dresser for || e for $3; a $3 s r $2; a $3 Mat= gjj a $1 Lamp for || art for $6.50; a f| Curtains for $1; | agon for $2; a IS inished Portiers if INITURC CO. | .? ?-?? n-augm TfiTITi flEl HBBaMBBflBwBWBBBBWBWw r.kT>Dvl ONsP * I ake a mistake 1; Old hickory || :h has stood m i number of ?| I =?=1 I upply Co. I THE ONLY THING That troubles a smoker's mind ,vhile he enjoys a good cigar is the thought of its expensiveness. We iiave found the way to reduce to the minimum that troublesome thought. Wo are selling a splendid smoke, "The Red Snapper," at three for live cents. Many five cent cigars give no hotter satisfaction. We are selling "The, Rice Drug Co.'s Repeater" three for ten cents and eight for twenty-live cents. Many of those who smoke them nlllrm that they arc as good as any five cent cigar they ever smoked. It is really a five cent cigai?guaranteed to he "all havana filler." A trial will convince you that we are making no idle lioast. TI1E RICE DRUG Co. vr.