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The Story of Granitevil
The stockholders of the Gi
ville Manufacturing Company v
warmly congratulated upon pr
ing to the town of Granitevil!
magnificent graded school hui
the cornerstone of which wa:
' by the South Carolina Masons 01
urday. This splendid edifice is
erected at a cost of over $15
and one does not read every d;
a great manufacturing compan;
nating so liberally to the educ
of the youth in the commun:
serves. It is quite true that \
one large establishment domi
the life of a community-as
Graniteville Manufacturing Com
does in that community, for al
every resident is directly or indi
' . ly connected with the company
the company owes peculiar ot
tions to the people. However,
not every time that the company
knowleoges that obligation and
sponds accordingly. This has
handsomely done by the splendid
poratiei; headed by Mr. Jacob I
izy, of Augusta, and there shoul
a thrill of pride felt by the st
holders -ii the Graniteville Mani
turing Company? while we sh
consider the splendid communit;
Graniteville doubly blessed in ha
such a corporation and a schoo
modem as to respond to every 1
of the twentieth century youth.
There is a story about Grainte'
and her manufacturing comp;
however, which reads like fict
From the time the mill was establ
ed by Mr. Willian Gregg back in
late forties up until a few years
it was one of the most prosperoui
cotton mills, managed, with excel
help and in fact having an ideal :
community, with the stockholders
ceiving regular dividends.
Some years ago, after the deatl
the then honored president for m
years, Mr. Hamilton H. Hickm
the mili became involved in finan
difficulties due to the mismana
ment, so we are informed, of its Is
York selling agents. The story
ably and geographically told in
address of Col. Dan S. Henderson,
Aiken, at the cornerstone exerci
Saturday and which was published
full in yesterday's Chronicle. A:
way, we shall give our version of
from data secured from Col. Hend
son and information a newspa]
man naturally acquires as he g<
along; for the editor of The Chro
cle was "in" on the Granitevi
story from the start.
The Graniteville Manufacturi
Company about five years ago ow
over $1,000,000 in addition to t
stockholders' liability. The only thi
to be done was to apply for a ]
ceivership. This was done and Mr. J
cob Phinizy, president of the Georg
Railroad Bank, wa$ made one of t
receivers. Mr. Phinizy began the (
. rection of the mills' affairs with t
stockholders considering their sto
worthless and with certain lar;
creditors pressing for a sale of t
property so that they might buy
in at a ridiculously low price. Mr.
A. Fortson became the able gener
manager of the mills. Granitevi]
stock had fallen from $150 to not
ing and many widows, orpnans ai
. old people who had invested in :
with what they regarded as absolu
certainty of income, were bemoa:
ing the loss of their entire inves
And here is the part so splendid!
played by Judge H. A. M. Smith (
the United States district court i
South Carolina. He saw the excellei
progress the receivers were makin
and he refused to permit the sale <
the property. It was not two yea:
under receivership before all of th
debts were paid and the receivershi
proceedings dismissed and the Grai
iteville mills were restored to th
stockholders. The stock, which wa
worth nothing, is now quoted aroun
$300 per share.
We believe the story of Granite
ville is a story without a parallel i
' the history of corporate managemen
in this country. From bankruptcy t
a state of successful managemen
where the stock is worth three fo
one in five years is, indeed, a mai
velous story. True, propitious time
favored the cotton mill industry, bu
there must have been remarkabl
good management as well. Had Judg
Smith not permitted the operation o
the mills by Mr. Phinizy and hai
agreed to a sale the Granitevil!
stockholders would have lost thei
all, perhaps $1,000,000, a large par
of which is Augusta money investe<
in an Augusta enterprise, for Gran
iteville is a part of Augusta. An<
though the Savannah rjver divide;
the states of Georgia and South Car
olina the towns in the Horse Creel
Valley almost as much a par
of Augusta as Augusta itself.
We say again the story of Granite
ville is a marvelous story. It is tht
? story of what a wise and great judgi
Bfafc? do for the stockholders of an in
dustry in the exercise of his wide dis
cretionary powers; it is the story of
what jam up business management
can do in the rejuvenation of a great
property; it is the story of what a
great corporation can do in the en
lightenment of the people to which
it means so much-the provision of
the means so that every mother's
child will be equipped with those fun
damentals of education that every
American deserves.-Augusta Chron
icle. ; rK? * H,- :>
Entire Villages Are Destroyed
by Quake in South America.
Beunos Aires, Dec. 18.-Earth
quake shocks on Friday afternoon de
stroyed several towns along the Ar
gentine slope of the Andes Mountains
were the most severe experienced in
this country since 1869, when half of
the city of Mendoza was laid in ruins.
Reports from the areas where the
shock was heaviest indicate great loss
of life and property, upwards of 150
bodies having been already taken
from the wrecks of buildings.
At Tresportenas, more than 100
persons, and at Costa de Aroujo, 30
more were killed. It is feared that
more victims still are buried under
the ruins in each town. Only a few
houses remain at Tresportenas, La
Valle and L Central, and they are in
a badly damaged condition. No esti
mate of the number of persons injur
ed has yet been made.
Minor shocks continue throughout
the district, one particularly strong
tremor being felt yesterday after
noon at 5:30 o'clock in the towns of
San Martin and Ravidavida. The
people are reported as being panic
stricken. The city of Mendoza was
shaken but did not suffer extreme
.In the town of Cotsa de Araujo
the seismic convulsion opened great
crevices out of which hot water is?
spouting. The water from one of
these geysers reached a height of
about 15 feet and formed a pool in
which two persons were drowned. A
Red Cross ambulance has reached the
village and set to work to rescue any
sufferers who may still be alive in
More than 30,000 persons inhab
it little villages along the eastern An
dean slope and, as reports continue
to add to the long list of casualties
apprehension is felt that the final
figures will be very high. Rescue par
ties have been sent from Mendoze
but details from the scene bf the dis
aster are meagre as telephone and
telegraph wires are badly disorgan
The earth movement during the
tremor was from northwest to south
east and a number of small shocks
followed the principal concussion
which lasted 30 seconds.
The latest reports from Mendoza
coming in tonight, said that the shock
at Tresportenas had assumed the pro
portions of a catastrophe. Three re
lief trains have been rushed to the
town from which 30 dead and as
many dying have been brought out.
At Costa de Araujo which was vir
tually isolated another shock occur
red at 8 o'clock this morning. The
death list was increased by those re
ports to 81 so far counted in Costa
de Araujo, with 80 seriously injured.
At La Valle terrible scenes Were
witnessed. The relief work was most
difficult, owing to the conditions of
the roads, which had been broken up
and covered with water. The church
at La Valle was laid in ruins and the
municipal building's walls cracked
and the structure was likely to fall
at any moment.
The seismograph at the Mendoza
Institution recorded three shocks on
Friday, the first beginning at 3 p. m.
It was a sudden and violent one,
without the slight movements preced
ing. This lasted 15 seconds. The sec
ond movement lasted 5 seconds and
the third 10 seconds. The vibrations,
with lesser shocks, continued for SO
Felt in Japan.
Tokio, Dec. 18.-The most violent
earthquake that has occurred since
seismographic observations commen
ced in Japan took place Thursday
evening at 9:11 o' clock. The vibra
tions lasted two hours and were so
severe that the instruments were un
able to give perfect records. It is
believed the convulsion took place
under the Pacific Ocean or in the
Gabi desert, Central Asia.
WANTED: Men or women to
take orders among friends and neigh
bors for the genuine guaranteed ho
siery, full line for men, women and
children. Eliminates darning. We
pay 75 cents an hour spare time or
$36.00 a week for full time. Expe
rience unnecessary. Write
International Stocking Mills,
Chamberlain's Cough Remedy.
Now is the time to lay in a supply
of Chamberlain's Cough Remedy. It
is almost sure to be needed before
the winter is over. You will look a
good while before you find a better
remedy for coughs, colds, croup and
whooping cough or one that is more!
pleasant to take. It meets with favor
everywhere. Buy it now and be pre-;
County Treasurer's Notice.
The County Treasurer's ofnce will
be open for the purpose of receiving
taxes from the 15th day of October,
1920 to the 15th day of March,
All taxes shall be due and payable
[between the 15th day of October,j
1920 and December 31st, 1920.
That when taxes charged shall npt|
[be paid by December 31st, 1920 the
County Auditor shall proceed to add
a penalty of one per cent, for Janu
ary, and if taxes are not paid on qr j
before February 1st 1921, the Coun-j
ty Auditor will proceed to add two
per cent, and five per cent addition
al, from the 1st of March to the 15th
of March, after which time all un
paid taxes will be collected by. the
The tax levies for the year 1920
?are as follows:
For State purposes_ 12
For Ordinary County_ ,8
For Past Indebtedness_2%
For Special, Good Roads_ 2
For Constitutional School Tax 3
For Antioch_ . 8
For Bacon School District_ 14
For Blocker_ 8
For Blocker-Limestone -- 4
For Colliers_ 4
For Flat Rock_ 8
For Oak Grove _ 3
For Red Hill_.- 8
For Edgefield_. 10]
For Elmwood No. 8 _. 8
For Elmwood No. 9_ 2
For Elmwood No. 30.__. 2
For Elmwood L. C._ 3
For Hibler _ 8
For Harmony -I 3
For Johnston _.-vl5
For Meriwether (Gregg)- 2
For Moss-_- 3
For Brunson School-i- 4
For Ropers_-- . 2
For Shaw_- 4
For Sweetwater_ 4
For Talbert_.' 8
For Trenton _11%
For Wards _ 8
For Wards No. 33- 4
For Blocker R. R. (portion __ 15
For Elmwood R. . (portion 15
For Johnston R. R.- 3
For Pickens R. R.- 3
For Wise R. R.- . 3
For Corporation -30%
All the male citizens between the
ages of 21 years and 60 years, ex
cept those exempt by law, are liable
to a poll tax of One Dollar, ea?h. A
capital tax of 50 cents each is to" be
paid on all dogs.
The law prescribes that all male
citizens between the ages of 18 and
55 years must pay $4.00 commuta
tion tax or work 4 days on the public
roads. No commutation is included
in the property tax. So ask for road
tax receip' when you desire to pay
road tax. Time for paying road tax
will expire March 15, 1921.
d'. L. PRINCE,
Co. Treas. E. C.
COLDS SHOULD BE
As soon as a cold is contracted
g the system becomes disordered.
? This may develop into any one of
? several serious diseases.
You can't afford to take the
? chance of incurring asevere pen
alty for neglect.
For years physicians have pre
scribed medicine containing hore
hound, mullein and tar. Com
pounded with a few other ele
? menta you have a medicine that
? will check a cold immediately.
Q To satisfy the demand for this
Sprescription in quickly obtainable
form, Dr. Murray has his chem
ic is ts prepare quantities and sup
? ply druggists. Ask your drug
g gist for
? MURRAY'S HOREHOUND
g ' MULLEIN AND TAR
h Children enjoy taking it. Your
? druggist will refund your money
? if your satisfaction is not cora
g uolds and influenza are success
if fully treated by using Dr. H?
ll ton's Life in conjunction with
g Murray's Horehound Mullein and
? Manufactured by
? Murray Drug Company
I COLUMBIA, S. C.
Foundry, Machine, Boiler
Works and Mill Supply
Cotton Oil, Gin, Saw, Grist, Cane,
Shingle Mill, Machinery Supplies and
Repairs, Shafting, Pulleys, Hangers,
Grate Bars, Pumps, Pipe, Valves and
Fittings, Injectors, Belting, Packing
Hose, etc. Cast every day.
GASOLINE AND KEROSENE
Pumping, Wood Sawing and Feed
Arrival and Departure of Passenger Trains
Edgefield, South Carolina
Southern Railway System
6:56 a. m._Trenton and Columbia._._.9:45 a. m.
8:40 a. m..Trenton and Augusta.7:50 a. m.
10:40 a. m._"Trenton, Aiken, Augusta, Columbia, Wash
ington and New York.*..2:00 p. m.
8:05 p. m.Trenton, Columbia and Augusta..9:00 p. m.
For additional information communicate with Ticket Agents
G. W. CARTER,
Dist. Pass. Agent,
J. A. TOWNSEND,
Edgefield, S. C.
tual Insurance Asso
Property Insured $8,875.360
WRITE OR CALL on the under
I signed for any information you ma;
desire about our plan of insuranca
We insure your property against
FIRE, WINDSTORM or LIGHT
and do so cheaper than any Com
pany in existence.
Remember, we are prepared to
prove to you that ours is the safest
and cheapest plan of insurance
Our Association is now licensed
to write Insurance in the countiei
?of Abbeville, Greenwood, McCor
mick, Edgefield, Laurens, Saluda,
Richland, Levgton, Calhoun and
The officers are: Gen. J. Frasei
Lyon, President, Columbia S. C..
J. R. Blake. Gen. Agent, Secty. and
Treas., Greenwood, S. C.
A. 'O. Grant, Mt. Carmel, S. C.
J. M. Gambrell, Abbeville, S. C.
J. R. Blake, Greenwood, S. C.
A. W. Youngblood, Hodges, S. C.
R. H. Nicholson, Edgefield, S. C.
J. Fraser Lyon, Columbia, S. C.
IW C. Bates, Batesburg, S .C.
JW. H. Wharton, Waterloo, S. C.
J. R. BLAKE,
Greenwood, S. C.
January 1, 1920.
FOR SALE: A six-room house
on Jeter Street. Apply to Mr. A. S.
The Modern Way
The bank is a modern institution for everybody.
It is a product ol the present time. It meets a de
mand for prompt, reliable service.
The captain of industry and the hnmble wage
earner transact their financial affairs side by side at
the bank. This is because business done right is done
through the bank. It is the convenient,' efficient, prac
tical, economical and beneficial way. Our bank is a
modern bank, prepared to take care of both small and
large business affairs, giving to each the most careful
The Bank of Trenton, S. C.
All checks drawn on The Bank of Trenton can be cleared free of ex
change through the Federal Reserve Bank.
BARRETT & COMPANY
.gfcjj H ; M :M : X ; >;< ; >:? ; H ; t( ; ^ ; n z nz wi ><