The Union times. [volume] (Union, S.C.) 1894-1918, May 04, 1906, Page 2, Image 2
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Iff We
o
'Ja t \ oil t? > t !'V S !)U>
ff\ <>l < 111' C j< ???vl C'ntlu s
^ wo W( 'llldl l'l ! AW ?
^ to talk i< > y< u : .y
^ more ab<>ut them. v<
They're the clothes
2*4 ill at v< u \\\ ir. They
jj\ - at i <1\* in ?. very way
j?v? ?Stylo, Fit, \\ orkmanship,
.Material
and prices are ripht.
^ We have the Sl'l-ax >,
MICH \!-.i. \ SON
4 ^ Cl.OTHtiS in larye
^ variety.
^ I hoy ret d t?
^ iopk ai. moy to ix
ft tor to wear. Wo luive
/ft want vou t?> see thorn.
ft
if a
0
ft Outfitters to P
ft
<s7- <y. ry- /y- zy. ^
> *>> Vtv <K? *SK- v tsv xa,
iWarm
ga
2 Makes Cot
IS Peet go 1
1
m a
i Acme
|| Makes Cor
ii Feei gx> Aw
n-a
?S'1
1 Gl'ARANTI
w No Cure,
|j 25 Cents
ffs? SS9SS99HSB8I91
A Home Enterprise.
I lie Peoples Instirancc
. si'itK l\. ? ?. I. \i iMrt.-kfv
at union, boutn Carolina, i!
making great increase in in
business every day. Fron
the wry lust, its agents lvavt
met with splendid succcess
We give a sick benefit ant
accident insurance amounting
to five dollars per week upoi
ilie payment of one dollar fo
initiation fee and fifty cent!
monthly premium. This policy
also has a fifty dolla:
death benefit. Our agents ir
the local field areT. W. Jones,
W. S. Scott, J. W. Rowe and
J. T. Hawkins. An investigation
of our policies will
convince you that we deserve
your business. We are building
upon merit, and our raterare
reasonable. One of the
great things about our policies
is that one does not have to
die to get the benefit. It
comes when most needed?
during the time of sickness
and accident.
L. M. JORDAN, - President.
j. p. rAHON. r?ir. r. ft ,'opdan. v?y.
A truck farm of lifly acres n<ar
f) . P i ' ' ? *
neauiori, .-v y lias ju1 sold one
season's crop for ten thousand
dcllais.
Emory Miller, a t<-n year-old 1? >.v
fell ro 11 a running car in I Kil lington
last week an I was cut half in
too.
Li 'y% S I
/JtcCJP 8
*a r - \ \
id" H - M
x J ^ . ' V ?
^.f _y j|
ffSS- ^ p
all the new modes?we ^
0
Q
H1E1 ^
orhcuitir People. Q
r. /5>- /sr. ?7. ?7. ?7i?7i ^-Gr-esr> ?7. ^
?v Cv .'
? ! II ? ! I III I T-?TT III ! I .IIII.M 1 ?l I ? .J?
Weather 1
1
ns on the II
to Hurting'.
orn Cures
ns on the g
?IZI ) CURIi. I
No Pay. r;;;
Per Bottle. j?
Drug Co. 1
N
S
1
Kinc) Paint Mfg. Co.,
Brooklyn, N. Y.
i
r I ordered fifteen gallons of
* Wadsworlh's White Paint.
r I painted my two-story ten
i room house with two coats
j and had live gallons left over.
1 have the whitest house
in town and am in every way
pleased with the paint.
J. W. FINCH,
Lexington, N. C.
('apt. It. I\ Ifohsoil Ii:is been
nominated for Congress by the democrat*
of tlx* S'xth Alabama cangressional
district.
The Southern Maptist Convention
meets in Chattanooga May 10-1 "?. A
irate of ime fare plus '2"> cents havep
, been math' by the railroads. .'
??? I WV
THE DUNCAN BANKRUPT SALE.
Fist Betcli of StOGks and Bonds Soli
Yesterday in Columbia?Another
Sale to Take Place Later.
Columbia, April 27.?Special:
The first batch of stocks anil bonds
in the T. C. Duncan sale was offered
to-day. It is the winding up of
a most interesting financial transaction.
A great ileal has already
been written about this industrial
calamity.
To-day a large portion of the
stocks and bonds surrendered by
Mr. T. C. Duncan to his creditors
in his effort to let them make the
best possible return they could out
of the assets, were offered at public
auction. The offerings aggregated
a face value of ?1,083,700, a large
p.>ni??n of it being common stock,
and the stocks and bonds in question
appear to be pledged to an
amount aggregating $1 ,002,75 1.21.
Such, at least, is the claint.
The bonds were of the Clenn
Springs and t'nion Railroad, and
the stock was of the same corporation
and of the I'nion Manufacturing
and Water l'ower Company and
the Pino Creek Cotton Mill, of
Camden.
Th > bonds and* stock wei"
pledged primarily for $105,052.71,
and then it was claimed that the
same holdings were subleet to debts
of over a million dollars of the two
cotton mills?I'nion and Buffalo.
The sale this morning was under
the order of the bankruptcy Court,
and was in charge of Mr. William
Klliott, Jr., as special trustee of
the estate. The first sale was of
the block of bonds and stock, and
being sold subject to the claims
against it brought only a nominal
sum?$1,000. The purchase was
made by the Cnion-BufYalo Mills
Company. _
The only bids were tljJTTHff
J. A. Brown. .?/rmon, and Mr.
ir.).viii u . Robertson, who bought
1 1 1 t.... ?1... i*..: ...
lilt- milium itiiu suitK iui mr I 1111)11"
RulYalo Mills Company.
The block of 6(5~>,(M)0 worth ol
common stock in the Pine Crock
Cotton Mill was bought by Mr. Edwin
\V. Robertson for 11. C. Flcitmann
A: Co., of New York, forSlOC
over and above the claims against
it. In both sales oidy the equities
of the estate were purchased.
The following announcement and
statement shows the status of the
entire transaction and exactly what
was offered and what was bought:
UST or I'KOPKKTY.
The trustee herein having represented
to me that it would be for
the benefit of the above named
bankrupt estate to sell the property
herein below described:
Notice is hereby given that on
the 27th day of April, 190(5, at 12
o'clock noon, before the Court
House door, in the City of Columbia,
S. C., William Elliott, Jr.,
trustee of said estate, will sell at
public auction the following# described
property of the estate of
T. C. Duncan, bankrupt, upon the
folio,ving terms to wit:
Two thousand, one hundred and
eight-seven shares of the capital
stock of the Cnion Manufacturing
and Power Company, at I nion,
South Carolina; 100 lirst mortgage
bonds, of the par value of S-100,(M
to, of the Pnion and Glenn
Springs Railroad Company, ~>2-"
shares of said stock; and (>.">() Mjaivthe
par value of sl(MJ eneW u, the
L'itw, V!)1H"
[ >an.>, <>i v aiiiin'ii, rouin i avoiina.
Said twenty-one hundred and
eighty-seven shares of tin* capital
stock of the I'nion Manufacturing
and Rower Company are to ho sold
suhjeet to a claim to hold the same
as collateral security and to a lien
thereon for moneys loanod and advanced
to the I'nion Cotton Mills,
of Cnion, South Carolina, (estimated
to aggregate, with interest
to March :>1, R.MH1, Z\,00"),(kit). 15,)
and to the IhiiValo Cotton Mills, of
Buffalo, South Carolina, (estimated
to aggregate, with interest to March
:?1, Stltil.liii2.il8,) with interest
on said amount from said dates.
The said K)<> first mortgage honds
of the I'nion and Glenn Springs
Railroad Company, of the par value
of K)(),()<)0, and said 17shares
of the stock of the said I'nion and
Glenn Springs Railroad Company,
of the par value of 8o 17,">00. are to
he sold suhjeet to hold the same as
collateral security and to a lien
thereon for moneys advanced or
paid out upon said securities, aggregating
with interest to March 131,
I'.KHi, 810 l,oo2.71, and including
interest on said amount from said
date, and subject also to a claim to
hold the same as collateral security
and to a lien thereon for moneys i
advanced to the Cnion Cotton Mills,
of Cnion, South Carolina, and the
Buffalo Cotton Mills, of RulTalo,
Nmtli Carolina, for the aggregate
amounts stated above, respectively,
that is to say, the aggregate amount
of the said advances to the I'liion
Cotton Mills being the sum of
s 1,005,031). 15, with interest from
March 31, 11)00, and the aggregate
miount of the said advances to the
being the sum of ?01)1,502.38, with*
interest from said March dl, 11)00.
Said ~>2d shares of the said stock
of the l iiion and Glenn Springs
Hailroad Company, of the par value
?.?f 852,500, are to he sold subject to
a claim to hold the same as collateral
and to a lien thereon for the
moneys and advances for which the
bonds and stock of the said railroad
above referred to arc held, and subject
also to the claim or interest in
tlie same or any part thereof of J.
F. Black A* to o' the (ity of N w
York, and of T. )?. Stackhouse,"so
far as such claim or interest may
he valid, it b >ing the intent to sell
all the right, title, and int-uvst of
William Klliott. Jr., trustee of the
estate of said Thomas (.'. Duncan,in
or to said olio shares of stock of the
: said railroad company and each
part thereof, including the right of
said trustee to collect, recover ami
receive the same from tl e present
holders thereof.
Said (>50 shares, of the par value
of $100 each, of the capital stock
of the Pine Creek Manufacturing
Company are to l e sold subject to a
.i i <i . . ..'.II .i ....i
naiui iu nuivi uir niiii" ? unau r;u
security ami to a lien thereon for
the repayment of the sum of $o~>,000,
with interest thereon at (1 per
cent from January 1-S, 100"> the
amount due upon a certain prom- '
i-ssory note of the said Thomas C.
iHincan of said date, payable January
IS, 100(1.
I'nless the requirement he waived
' by the trustee at the time of sale,
each bidder will he required before
submitting his bid to deposit with
the trustee the sum of ?.">(>0 in cash,
or a certified check for such amount
to the order of the trustee, which
will he credited upon the purchase
price or returi c 1 to the de:
positor, and 10 per cent of the
amount of the purchase price of
! any of said properties sold shall he
1 deposited in cash or by certified
checlHw* the purchaser at the time
and the balance shall K
paid within ten days thereafter.
Hut any of said properties may, in
the discretion of the trustee, he
withdrawn from sale, and the sale
shall he made subject to confirmation
by the undersigned, referee
herein.
Any objections to said sale must
1 bo made before me, at my olliee, in
the city of Columbia, S. ('., ou the
1 27th day of April, 100(1, at 11
o'clock in the afternoon.
John J. Kaiilk,
Kcfercc in bankruptcy.
Columbia, S. C., April U, 100(1.
There will be another sale later
on. A. K.?News and Courier.
The Truth About Life Insurance.
Are you insured? Or would you
like to he insured, and don't dare
take out a policy on account of all
these recent Life Insurance scandals
.mil invostlmtifiiiss? If v/in lnXmif t<> '
* ? ,,v,"'.b 1W
either class you will lind comfort'
ami guidance in "The Story of Life
insurance," a serios of sane and
timely articles by l?nrton J. Jlendriek,
which begins in the May MoCluro's.
The lirst one carries the
title, "The Surplus: the Basis of
Corruption." It states, for the first
time, plainly and thoroughly the
system of Life Insurance and the
cause of the disgrace into which
many of the larger and richer companies
have fallen. Mr. Ilendrick
is fair; lie tells the full truth about
i each side. lie gives the good and
tho i-1- lorccs have had their
shoulders to Life Insurance, from
the very beginning. It is true that
the corrupt force has been far the
stronger; hut had it not been for the
pushing of the honest and conservative
men, one mi *ht gin ss where the
institution would be to-day. This
article shows how the big companies
in boasting of their enormous surpluses
are actually confessing their
own dishonesty?the betrayal of a
sacred trust. It tells how the surplus
has grown, and how it has
been juggled with and squandered
for extravagant entertainments and
rotten stock speculation. The mystery
of deferred dividends is accurately
sol veil, and those who were ;
led into those policies learn just how
much they have lost by it. You
learn what a straight honest policy
is, and why it should cost you so
much and no more to have your
lives insured. The remedy for the
present abuses is suggested. You
can't afford to miss these articles.
BLADES. dA
Yl HO
'] OHE RAZOR LASTS xWl
- Lifetime. JaRl
ft ALWAYS READY
E FO? USE. *mces
M ^ ** ~ ** ronMf Tcrcuve i^OO fi
for travy trards'
free liooklct "ilinU to bliavers." I
Jd I!NICN HARDWARE CO.. ttal in, S. C. I
ITOR THI
f
9* We are offering; spe
Ladies and Children'
? White, Tan and Black
? We want you to inspe
and Wash Dress Qooi
from 5c to 40c per ya
? Eolienes, in white, bla
jp season. We have til
^ Just received ci new lo
price 5 and iCc.
? Our Millinery Depj
$> lead. For this week
specially low prices on
in all the widths.
v*
t TicLURE MEt
V*
^ THE UND
| PRE-INVEN
Hi
i!? Beginning MONDAY, j
8L
g ing for 15 clays. You c
jJi in our mammoth st
?/ ?
t|i House Furnishings
I1 From 25 to
|! Under Regi
This cut is made in or
i?i
il, and extra labor by sto<
f< Look for the
% Big Re
SL
| BAILEY EUi
s
(If B -I
auuiiics
1 of Merit
The satisfied customer
is said to be the best adjjjj
vertisement a store can
|? have, and we believe it.
E| VVhdn we sell a man a
gg suit of the High Art
H make we satisfy him so
H completely that he is
BB pretty sure tc boast of
m lUc pur:hjca U> Uis friend
10 suits. We have so mam
gi ing that we find it difficul
|jg Early buyers of Spring a
hB lind us in readiness to m<
|? consists of all the new
ksa Clothing at Moderate Pric
BB breasted.
|j Mutual Dry
|g The House That:
iff 1EI g;i?i i!i;Eigiism
- SOUTITHE
LAN? Of BIO CR(
Arc you making as much off j
you are making all you can. Tl
much. It takes too much money
arc trying to make a living on a
renting one and paying a good s
Wouldn't it he better to go when
that you can own a big farm?wl
working for you and all you raise
There are thousands of acre..,
along the line of the Cotton llelt
to $10 an acre. The land is inc
See the Southwe
A trip to the Southwest woul
interests lay in settling there. T
expense. On the first and third '
purchase a round trip ticket to an
the Cotton Belt Itoute at very lov
for VMII In nvnmiiui
- J ?%..J MM Ulliy J
!.. I>. SMITH, T.
II -u- ?
wmmm. ?
S WEEK |
cial inducements on J
s Low Cut Shoes in j ?
with hose to match, jj
ct our line of Woolen <4
ds. Colored Organdies ft
rd. Batistes, Mohairs, &
ck and colors, for this
em at correct prices, jj
>t of Turnover collars, ?
J*
irtment is still in the ?
we are making some &
all our Taffeta Ribbons ^
19
*
KANTILE CO. \#
ERSELLERS. ?
r*
fSh
TORY SALE f
MAY 7th, and continu- &
:an purchase anything g
ock of Furniture and Jl
50 Per Cent %
ular Values. H
der to reduce our stock ^
:k taking time, June 1. ,g
Price on the S
d Tags. 1
RNITURE CO. I
IlfjZIliJS
f$. 8 jMt: I l
is and then we \se\\ more ?|
/ different styles in Cloth- ifg
t to tell you all about them. ?8 *
nd Summer Clothing will 53 T
?et all demands. Our line 9
things in ready-to-wear |g
:es in single and double- IS
' Goods Co., |
Saves You Monet/. W
~0
I WEST ~ t
)PS AND PROSPERITY.
rour farm as you ought? No doubt
ir trouble i:i the land costs too
to buy a big farm, and so you
small farm, or perhaps jou are
diare of what you raise, in rent.
the [trice of good land is so little
lere every acre of the ground is
is paying for your good profits?
of fertile land in the Southwest
Uoute that can be bought for from
s reusing in value each year.
st at Small Cost.
Id convince you that your best [
lie trijt can be made at very little |
Tuesdays of each month you can
iy point in the Southwest on or via
v rates. Stop-overs will be allowed
ou are interested in.
!0 for free copies of books de'ful
country mid for f..n
? -v.. ....i Iiiurnmskets,
etc.
P. A., Cotton Belt Route,
iblc Duildinfl, Atlanta, Ou.