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II LOOKS LIKE IT
IS FOUR MILLION
ALLEGED INDEBTEDNESS OF
UNION AND BUFFALO MILLS
Reported that Certain Men Largely
Interested in the Mills Asked Mr.
Duncan to Resign, he Re
fused-Mill's Loss this
Debt to Mills
News and Courier.
Union, October 3.-The meeting of
the stockholders of the Union and
Buffalo Cotton mills, which has been
so eagerly looked forward to by every
one in this community, was held to
day in-the office of the Union Cotton
mills. There were present not only
stockholders, bu- creditors and attor
neys for creditors from New York,
Baltimore, Richmond, Charleston,
Columbia, Charlotte, Spartanburg,
Augusta and other points. The hour
set for the meeting was 12 o'clock to
day, but after those assembled had
-waited for forty-five minutes for his
appearance, President T. C. Duncan
walked into the room and announced
that the meting was adjourned till 3
o'clock p. ns, and the assembly dis
At an earlier hour, if seemingly re
liable reports are to be credited, sev
eral -substantial business men of the
city, themselves largely interested in
the mills, had a private interview with
Mr. Duncan and requested him to re
This Mr. Duncan, it is said, P'sf
tively refused to do, stating he would
fight.to the bitter end. It was also
rumored that vhe books now show the
mills are indebted to the extent of
four millions of dollars instead of
three millions as was originally claim
ed, and that President Duncan's per
sonal indebtedness to the mills
amounts to half a million dollars.
From the mass of figures that con
s%ituted the report about the only
thing which seems to have impressed
itself upon'the memo1ry of the hearers
was the loss of Union Cotton mills
during the current year, which
amounted to one million and one hun
dred thousand dollars, and that Mr.
puncan's personal indebtedness to
the mill is four hundred and eighty
thousand dollars. For 'this item Mr.
Duncan claims to have put up ample
collateral and he announced the re
port as ex parte and unfair.
Charlotte,' October 3.-A special to
the Observer from Union, S. C., says:
A special meeting of the stock
holders of the Union Cotton mill,
Union, S. C., one of -rhe largest in
the state, was held this afternoon for
the purpose of effecting a reorgani
zation. Stockholders were present
from Baltimore, New York and other
eastern cities Of the 7,8 shares
6,614 were represented in person and
by proxy The feature of the meeting,
which lasted for tcwo.hours, was the
submitting by expert accountants,
who have been at work on the com
pany's books for some time, of a
statement of the mill's condition.
This report showed liabilities of $2.
700,000 and revealed the fact that the
mill had been losing money for sev
eral years, only maintaining itself 'by
speculation in cotton Since January
i, however, it appears that the mill
has lost $8oo,ooo by speculation. The.
report also showed that President
Duncan was individually indebted to
the mill $480,ooo, and the Buffalo
mills, which he is connected, is in
debted to it in the sum of $500,000.
President Duncan made a lengthy
statement, in which he said that his
borrowings were secured by stock in
other enterprises which he had put up.
It is unofficially reported that some of
the stockholders demanded his resig
nation as president and director, but
he refused to resign.
Petition For Involuntary Bankruptcy.
In the United States District Court
yesterday in Charleston was filed a
petition a.gainst the Union Cotton
mills, of Union, S. C., in involuntary
The petitioners are all small credi
tors, none of the amounts mentioned
in the petition being very large. The
Union Cotton mills have two weeks
within which to show cause why they
should not be adjudged bankrupt.
The petitioners are the Chesapeake
Shoe company, the Snelsenberg Cloth
ing company, the Alwa Furniture
company and the Spool Cotton com
The papers were sent to Union yes
terday in vhe hands of a United States
deputy marshal and will be served at
once. The attorneys for the petition
ers are Scaife & Hamblin.
Early Lessons In Politics.
"Father, why does Blossomhurst
want to be annexed to Newkirk?"
asked the boy, according to the New
"Then who wants her to be?"
"A wicked corporation, my child."
"Why does the wicked corporation
desire such a thing?"
"Because it is cheaper to bribe one
city council than two city councils."
"What is a brib'e?"
"Suppose Willie Green had a little
red wagon and let Jimmie Brown ta-ke
care of it for him. Supp'ose you want
ed the wagon and gave Jimmie an~
apple to let you take it. That apple
would be a bribe."
"But, father, I would not do suc-hi
"I hope not, my child."
"If I .wanted the wagon I would
knock Willie Green down and take i1
away from him."
"Then a big policeman would ar
"If I gave Jimmie the apple would
I be arrested?"
-"No, my child, for Jimmie would
eat the apple, and t'here would be
On Tuesday night in the city 'o
Camden, the body of Robt. McDowel
was found dead in DeKalb stree1
from a wound inflicted by -a blud
geon; -his money and keys were gone
as cheap a~
-Five Cents L
his body was found by his 15 year-old
son, who was sent by his mother to
see why Mr. McDowell was so late
in coming home. No clue has been
found. Mr. McDowell was a brother
of the editor of the Chronicle and 48
A meeting of the students and citi
zens has been held and the people of
Clinton have decidcd to stand by the
college. Three requests were made
by Dr. Neville and the students; first,
that the Clin,on people pay the $20.
ooo subscribed, when it was needed;
second, that the citizens give the land
on which to build the college; third,
that free lights and water be given to
the college. These requests were en
The parties who were arrested in
Abbeville county for the murder of
the negro Pendleton were given
bond and have been released from jail.
The dispensary election in Lan
caster county on Tuesday resulted in
the defeat of the dispensary by a vote
of nine to one.
A curious child once asked her
mother the following question:
"Mamma, do liars ever go to heav
"Why, no; probably not."
"Has papa ever told a lie?"
"I suppose so; he may have."
"And, mamma, have you ever told
one? Uncle Fred has, and I have,
and almost everybody."
"I don't know but I have some
"Well, it must be lonesome up there
with only God and George Washing
Died of Improvements.
The following is told of a patient,
a German woman, who, taken serious
ly ill, was sent to the hospital.
In the evening her husband in
quired how she was getting along
and was told that she was improving.
Next day he called again and was
told she was still improving.
This went on for some time, each
day the report being 'that his wife
Finally one hight when he called
he was told that his wife was dead.
Seeing the doctor, he went up to him
and said, "Veil, doctor, vat did she
Last Hope Vanished.
When leading physicians said that
W. M. Smithart, of Pekin, Ia., had in
curable consumption. his last hope va
nished;.. but Dr. Kin's New Discovery
for Co*isumption, Cogsand Colds,
kepthim out of his grave. He says:
me, an !saved ylife. se thenI
have used it for over 10 years, and.con
sider it a marvelous thrat and lung
cure." Stit~ scientific cure for
Coughs, Sore broats or Colds; sure
peetive of Pneumonia. Guaranteed,
50.and $1.00 bottles at W. E. Pelham
& Son's drug store. Trial bottle free.
Mr. Toney Turner has been elected
mayor of Johnston .over Mr. James
Attorney General U. X. Gunter,
who has been quiite sick with typhoid
fever for the past two months, is im
-proving at trhe home of his father in
s a time
you can no'
We have th
ipto $45.00 I
"John," whispered John's' wife, I'm
thoroughly convinced there's a bur
glar down stairs."
"We*l, dear," replied the -husband
sleepily. "I hope you 'don't expect me
to have the courage of your convic
Kidney troubles often ends fatally,
but by choosing the right medicine, E.
H. Wolfe, of Bear Grove, Iowa, cheated
death. He says: "Two years ago I
had Kidney Trouble, which caused Tr
great pain, suffering and anxiety, but ]
took Electric Bitters, which effected a
complete cure. I have also found then
of great benefit in general debility anc
nerve trouble, and keep them constantly
on hand, since, as I fine they have nc
equal." W. E. Pe ham & S>n druggist,
guarantees them at 50c.
The election -on the dispensary in
The county of Horry on Tuesday re
sulted in a defeat for the dispensary
by a vote of two to one.
A Daredevil Ride
often ends in a sad accident. To hea
accidental injuries, use Bucklen's Ar
nica Salve. "A deep wound in m
foot, from an accident," writes Theo
dore Schuele, of Columbus, 0., "cause<
me great pain. Physicians were help
less, but Bucklen's Arnica Salve quickli
healed it." Soothes and heals burn
like magic. 25c. at W. E. Pelham 4
Custo;ner-Waiter, this steak i
-like leather. Take it away.
Wlaiter--Can't change it now, sir
you've bent it.-Poughkeepsie New
Frightful Suffering Relieved.
Suffering frightfully from the viru
lent poisons of undigested food, C. G
Grayson, of Lula, Miss., took Dr. King'
New Life Pills, with "the result," h
writes, "that I was cured." All stom
ach and bowel disorders give way t
their tonlc, laxative properties. 25c
at W. E. Pelham & Son's drug store
APPLICATION FOR CHARTEl
State Of South Carolina.
County of Newberry.
Notice Is Hereby Given That thi
undersigned will apply to the Secre
tary of State of Souh Carolina on o
after the 2nd day of October A. D
19o5, for the issuance of certificat
of corporation pursuant sto the pre
vision's of "An Act to provide for th
inconporation of religious, educatLion
al, social, fraternal or charitabi
churches, lodges, societies, associa
tions or companies, and for amendin
t,he charters for those already .forme<
and to be formed." Approved Fel:
ruary 19, 190o. In behalf of Farmern
Cluh of Newberry, S. C., a societ
which has its 'headquarters in ,th
Given under our hands and seal
this 28&h: day of September 1905
Chas. B. Tidwell, (L. S.)
W. R. Guantt, (L. S.)
PAINESS gIt""fo in i
- Whiskey Cure ith*?a,"*ora
in the H
yat The Ne
can be raised profitably only in soil
containing plenty of Potash. All
vegetables require a fertilizer con
taining at least io per cent. actual
Without Potash no fertilizer is com
plete, and failure will follow its use.
Every farmer should have our valuable books
on fertilization-they are not advertising
matter booming any special fertilizer. but
books of authoritative information that mean
lareprottsto the farmers. Sent freeforthe
GERMAN KALI WORKS
New York-98 Nassau Street, or
Atlanta, Ga.-22% South Broad Street.
LETTERS OF ADMINISTRATION
I By John C Wilson, Esquire, Probate
Whereas, Texanna Banks hath
I made suit to me, to grant her Letters
of Administration of the Estate of
3 and effects of Johbn F. Banks.
k These are therefore to cite and ad
monish all and singular the kindred
and Creditors of -the said John F.
5 Banks, deceased, that they be and ap
pear before me, in the Court of Pro
bate, to be held at Newberry on Fri
5 day October 13, next after publica
tion thereof, at ii o'clock in the fore
noon, to show cause, if any they have,
why the said Administration should
not be granted.
Given under my hand, this 26 day
of September, Anno Domini, i9o5.
'J. C. Wilson,
J. P. N. C.
For Sale by
Cs H. CANNON.
S0 of the best quality $45 up,
0 from $225 up.
' for catalogue and terms. *
:MAL.ONE MUSIC HUS,
* 1432 Main Street,
$ Almost opposite Masonie Temple,$
* Columbia, S. C.
Boardat Cost. Write Quick
a.BOEGIA-ALABAMA BUSINESS COLLEGE,Uacon.C&
in price from