The Forrest City times. [volume], March 01, 1895, Image 8

About The Forrest City times. [volume] (Forrest City, Ark.) 1871-1919

Image provided by: Arkansas State Archives

                
In
Poor
Health
means so much more than
you imagine—serious and
fatal diseases result from
trifling ailmentr neglected.
Don't play with Nature’s
greatest gift—health.
Brown’s
Iron
Bitters
Ifyoo are feeling
out of sorts, weak
and generally ex
hausted, nervous,
have no appetite
and can't work,
begin at once tak
ing the most reiii
ble strengthening
medicine.which is
Brown’s Iron Bit
ters. A few bot
tles cure—benefit
comes from the
very first dose— it
won't stain your
Uttk, and it‘a
pleasant to take.
ft Cures
Dyspepsia, Kidney and Liver
Neuralgia, Troubles,
Constipation, Bad Blood
Mciaria, Nervous ailments
Women's complaints.
Get only the genuine—it has crossed red
tinea on the wrapper. Ail others are sub
stitutes. On receipt of two ac stamps we
will send set of Ten Beautiful World’*
Fair View* and book—free.
BROWN CHEMICAL CO. BALTIMORE, MD.
Dear 6ir:
We have just received a shipment of
ohnson’a Chill and Fever Tonic. It
was bought with a distinct understand
ing between the manufacturers and
ourselves that each and every bottle is
guaranteed to cure any of the follow
ing diseases:
cist. Chills and Fever.
2nd. Billious Fever.
3rd. Hemorrhage Fever.
4th. Neuralgia.
5th. Measles.
6th. LaGrippe.
Now, we are willing to sell to you on
the same conditions we buy it on. We
will guarantee one single 50 cent bot
tle to cure any of the diseases above
enumerated. Failing to do so we will
cheerfully return your money.
Yours truly.
J. Q. Roberts,
Webb & Tipton.
Forrest City, Ark.
NOTE BY THE MANUFACTURER:
Some manufacturers boast of how large
their bottles of medicine are. Others of bow
sweet their's is. Others of how cheap their s
Is. I boast only of the great merit of John
son’s Tonic. I am in the medicine business,
not in the confectionery line. I have striven
to make the best medicine, not the sweetest.
Johnson’s Tonic 1ms made a record for itself
•f having cured 5T6 cases of fever out of
•Very 577 cases. We are not in the business j
to tickle the people’s palate, but to cure them, j
Those people who regard their palates ol
more importance than their lives are not
worth saving. When life and death are the
Issues, the taste or the size or the price are toe
trifling matters to consider. Johnson’s Tonit
euros. That is a good reason for using It.
A. B. GIRARDEAU, Savannah. Ga.
Solis Manckactuukk.
EASY AND QUICK IS
SOAP MAKSNO
WITH
BANNER EYE.
To make the very best soap, simply dis
solve a can of Banner Lye in cold water,
melt lbs. of grease, pour the Lye water
in the grease. Stir and put aside to set
FULL DIRECTIONS ON EVERT PACKAGE
Banner Lyf. is pulverized. The can
may be opened and closed at will, per
mitting the use of a small quantity at r
time. It is just the article needed in every
household. It will clean paint, floors,
marble and tile work, soften water, disin
fect sinks, closets and waste pipes.
For sale by Grocers and Drugglsto.
THE PENN CHEMICAL WORKS
r",I.ADKI.P>:TA. j
W. L Douglas
$3 SKOEr:?;oMirK'!L.
CORDOVAN".
f KtnLK&LNAMtLLEO CALF.
[4*3.5? Fine Cal/iKanqaroi
* 3.t° POLICE,3 soles.
BOYS'SCHOLftOQ,
•ladies
WIOTa,*a.
BeocirroM. m r« c
vver Une million People wear the
W. L. Douglas $3 & $4 Shoes
All our shoes are equally satisfactory
They kIv* the best value fer the '-orey.
They equal custom thoes In ctvle -nd fit.
Their rvcarloj qualities are unsurpassed.
Fl.e pric*« are unlfos i,—.etsrrpej on i al*.
From >i to £,3 eived ever other vrsites,
li your dealer cannot supplpfou v c can ^old by
SOL. LEWiS.
SETTLEMENT WITH ARKANSAS.
Term* of the Compromise Proposed >y
the Government—The 1 leisure line From
the State.
Washington, Feb. 27.—A bill has
been introduced by Representative
Neill to confirm the compromise and
settlement between the United States
and Arkansas as recommended by the
commission and approved by Secre
taries Carlisle and Smith and Gov.
Clark. By the terms of the agreement
the l nited States agrees:
1. To surrender to Arkansas for can
cellation 500 6-per-cent, coupon bonds
of $1,000 each, dated January 1, 1838,
and matured October 26, 1861, issued by
Arkansas to secure a loan from the
Smithsonian fund, and now held by
the United States.
2. To surrender the coupons attached
representing the unpaid accumulated
interest, amounting to $436,303.61.
3. To surrender similar bonds of the
state under same date (thirty-eight in
number) of SI.000 each, issued' to secure
a similar loan from the same fund, and
matured January 1, 1868, and now
owned by the United States.
4. To surrender coupons attached rep
resenting the unpaid interest to date
of maturity, $59,280.
5. 'lo surrender three bonds of $1,000
each, being Arkansas 5 per cent, regis
tered bonds, acquired for the Chicka
saw orphan fund, with interest from
the date of default todate of maturity,
January 1, 1887, $5,700.
6. To surrender ninety-two of the 252
new 6 per cent, coupon bonds, $1,000
each, issued by Arkansas, Jannary 1,
1874. under the adjustment of the
Chickasaw national fund, and matur
ing January 1, 1900, and now owned by
the United States; also, all coupons at
tached representing the accrued inter
est to January 1, 1895 (twenty-one
years), and amounting to $115,820.
<. lo surrender for cancellation all
the unpaid coupons to January 1, 1S95,
on the remainder of the 252 new and 0
per cent. (81,000 each) Arkansas bonds,
being ICO in number, issued January 1,
1874, under the adjustment of the
1 hiekasaw national fund, amounting
in unpaid interest to$201,000.
In return for this wholesale surren
der by the l nited States of securities
and unpaid interest, amounting tc
$1,611,803.61, the state of Arkansas
agrees:
io pay into the treasury of the
L nited States §572 within thirty days
after the approval by congress of this
settlement.
lo pay at or before their maturi
ty' (January 1, 1!*00) the remaining Ar
kansas 1 Kmds, being ICO in number of
81,000 each, and all coupons attached
thereto as they severally come due, all
coupons to January 1, 1895, being sur
rendered for cancellation. If the state
elects to pay the bonds before their
maturity, the payment of all interest
accrued thereon to that date shall be
accepted in full satisfaction of all the
coupons attached thereto.
As a further consideration for the
surrender of the bonds, Arkansas re
linquishes and quit claims to the
United States all claims or demands,
adjusted or unadjusted, growing oul
of the act of September 28, 1850, known
as the swamp laud act; also, all lane
or cash indemnity growing out of the
acts of March 2, 1855, and March 3,
185,, also, all claims for indemnity
school lands, the residue of the Sail
Springs lands, the residue of the land*
under the courthouse and jail grant (acl
June 15, 1832), the residue of lands un
der act of September 4, 1841, for in
ternal improvements, the residue ol
the grant under the acts of March 2,
1831, and June 3. 1836, for public build
ings, and all other claims or demands
of whatever nature or character.
The commission, after reviewing all
these claims against the United States,
has reached the conclusion that they
leave a balance still due from Arkan
sas of §160,572, and that is to be paid
under the terms of the agreement be
fore the score is wiped out.
Hut One Snutll-I’ox Case.
Hot Springs, Feb. 26.—A report thal
small-pox exists in this city has gained
wide circulation. In view of this th«
board of health, in response to a re
quest from the Business Men’s club,
has issued an official statement as fol
lows:
“At your reqest we take pleasure in
making, officially, a statement, which
we had deemed useless until you in
formed us of the wild rumors afloat as
to smallpox in our midst. We will
state that there is but one case of
smallpox in the city, and that has been
carefully quarantined from its incip
iency, and is now convalescent. All
cases suspected have been removed to
comfortable qurrters in the country,
and are under care of competent
medical men. These cases by no
means assure us of an epidemic, as
they are entirely sporadic in character.
A competent medical corps is daily in
specting all suspicious houses and
premises. So cautious have we been
for the welfare of the community that
even the few cases of chicken pox and
measles discovered 1 ^re have been re
moved to the quarantine station, at a
reasonable distance from the hospital
in which are located the few suspicious
cases. The present condition does not
warrant any alarm, and there is no oc
casion for quarantine.”
The Business Men's club, chamber of
commerce and Supt. Cook of the public
schools, after thorough investigation,
substantiate the report of the health
board Malvern put Hot Springs in
quarantine, and a committee came
over, an 1. after investigation, returned
and raised the embargo. Local excite
inent ha- » eIdeally subsided.
EX-TREASURER WOODRUFF
Found Guilty by a Jury and HI* Punish
ment Fixed at One Year In the Peniten
tiary.
Little Rock, Feb. 26.—The jury in
t>ie case of ex-State Treasurer William
E. Woodruff reached a verdict late Sat
urday night, finding him guilty, and
assessing his punishment at one year
in the penitentiary. The case went to
Pcrryville on a change of venue, filed
by his attorneys. This was his third
trial, and the best that the state ex
pected was a mistrial. The other
indictments will now be nolle prossed.
The specific charge upon which
the famous state treasurer was con
; victed, as advanced by the state, was
that Woodruff. as treasurer, obtained
an order from the state debt board for
j the issuance of bond scrip on certain
coupons from state bonds, stating that
the bonds from which said coupons
w-ere clipped had been paid and said
coupons had not; that said coupons be
longed to one Johnson L. Jones, and
said owner wanted bond scripfor them,
i This statement was false; that there
was no such person as Johnson L.
Jones; that the bonds from which the
coupons were clipped had not
been redeemed, and that said coupons
had been paid into the state and were
not valid indebtedness against the
state; that by these false representa
j tions he obtained the signature of the
state debt board to an order to issue
bond scrip in place of the coupons;
that this was obtaining a signature un
der false pretenses, and hence made
defendant amenable to the law. The
grounds of the defense, as stated by
Col. Dan W. Jones, were that the or
der alleged to have been obtained by
Woodruff was invalid and conviction
could not be obtained for obtaining a
void signature or order. Further, he
! stated that the coupons were the pri
vate property of Win. E. Woodruff and
John D. Adams, and it made no differ
ence whose name they were presented
in, as they were made payable to
bearer.
DISCOUNTING NOTES.
Question K*-g»r»llng Usury Derided by the
Arkansas Supreme Court.
An opinion has been handed down
i by the Arkansas supreme court in the
case of the bank of Newport vs. Allie
L. Cook et al., which touches upon the
issue of usury in the discounting of
promissory notes. The question in
this case was, does the taking in ad
vance of the highest rate of interest al
lowed by the constitution upon a ne
gotiable promissory note, payable
twelve months after its date, consti
tute usury? Article 19, section 13, of
the constitution, is as follows:
• All contracts for a greater rate of interest
than 10 per cent, per annum shall be void as to
principal and interest, and the general assem
bly shall prohibit the same by law, but when
no rate of interest is agreed upon, the rate
i shall be 6 per cent, per annum.
A few months after the adoption of
the constitution, the assembly on Feb
ruary 9, 1875, passed the following act
i relative to discounting commercial pa
per, mortgages and other securities.
"It shall be lawful for all parties loaning
' money in this state to reserve or discount in
terest upon any commercial paper, mortgage
or other securities, at any rate of interest
agreed upon by the parties, said rate not to ex
ceed 10 per cent, per annum.” etc.
The only limitation in this act is
upon the kind of paper, so far as it af
fects the case at bar, and that is that it
shall be commercial paper. Commer
cial paper is defined to be “bills of ex
change, promissory notes, bank checks
and other negotiable instruments for
the payment of money, which by their
form and on their face purport to be
such instruments as are by law recog
nized as falling under the designation
of commercial paper.”
The note in this case falls within this
definition and within the above act of
the legislature. The note in this case
was drawn by the appellee, or at her
instance and request by her attorney,
payable twelve months after date, to
bear interest at the rate of 10 per cent,
per annum, after maturity only, and
was presented to the bank for dis
count. It was discounted at the bank
for her convenience, by taking out the
highest rate of interest in advance—10
per cent.
“We find,” said the court, “that there
, is no evidence of a corrupt agreement
in this case; that the transaction
i was in accord with a custom well es
tablished before our constitution was
adopted, and with the act of the legis
lature. We, therefore, hold that the
taking or reserving of the highest
legal rate of interest in advance on
negotiable paper having twelve months
to run is not usurious. The decree in
this case is reversed, aDd the case is
remanded, with instructions to enter
a decree for the foreclosure of the
• mortgage.”
Mr. Justice Rattle and Mr. Justice
Riddick dissented.
Proceeding* Complicated by a Mirth.
A peculiar complication has arisen in
in the replevin case of Louis Parker
against Jas. Webber, agent of the
Cates plantation, says a special sent
from Little Rock. A writ of replevin
was issued to regain possession of his
wife and three children. When the of
ficers served the writ it was found
that there had been an increase in the
j family, and that there were four chil
dren. Now the question arises, who
can have legal possession of the fourth
| child—Webber, the mother, the con
stable or the court? This is one of the
points which will be passed upon when
the case comes to trial.
Becker & Lewis
ARB THE ^
Leaders ofLO^r PIUc^
In ovory Department of their
fail - Gad ■ Hub • Mislmt]
FURNITURE at Bock Bottom Fibres,
Will make it to your interest to examine their stock before rurchoi
elsewhere. M'#|
H.W. MOSLEY?
DEALER IN *
Canned Goods. Farinaceous Goods. Preserves. Jellies, Pickles. p0M j
Meats, Hominy, Macaroni, Vermicelli, Mackerel, Sardines ?
Hams Breakfast Bacon, Cigars, Tobacco, Pipes, and ’
many other luxuries that make life worth living.
EVERYTHING FRESH-NO §TALE GOODS.
Free Delivery to Atf Parta of the City.
Sol. Lewis’ Old Stand, Front St., cor. Center Alley
ILB.GWYN. C. L. KNIGHT, T. O. FITZ1 ATRICl
H. B. GWYN & CO.,
DEALERS: IN / GENERAL / MERCHANDISE,
-CONSISTING OF
Dry Goods, Clothing, Boots, Shoes, Hardware hi! Titian
Queensware and Notions a Specialty.
Wo Staple and Fancy Groceries. Eldest Market Price For Country Prodaa
ARREST CITY, - - ARKANSAS,
I. EL LUTZ,
i 7 I
UNDERTAKER,
FORREST CITY, AUK.
Ket‘t'g on hand a I.arne Assortment ol
METALLIC BURIAL CASES, COFFKS.
Wooden Cofllns of all Styles tod
Prices Always on Hand.
AN ELEGANT HEARSE AND OUTFIT
ALWAYS HEADY FOR ORDERS.
All Kind* of:Furntture Repaired in Best Style. Satisfaction Guaranteed. Ordensollcfk
*d and promptly attended to
GEO. P. TAYLOR. E. P. TAYLOR
Geo. P. T ay lor & Co.
(Successors to TAYLOR A IZARD,)
Real EstateAgents
"■^Brokers and General Insurance Agents-^”"
Property Bought, Sold, Exchanged and Iteuted. Taxes
FORREST CITY, ARK.
Representing a Standard Line of Fire Insurance Companies :
i nomc, or >ew T ork.
! Orient, of Hartford.
Phenix, of Brooklyn.
Teutonia, of New Orleans.
Crescent, of New Orleans.
Continental, of New York.
Arkansas Fire, of Arkansas.
American Central, of St. Louis.
Insurance Co. of North America.
Palatine Ins. Co., L mid, of Manchester,
England,
/Etna, of Hartford.
Phoenix, of Hartford.
Hartford, of Hartford.
Greenwich, of New York.
Southern, of New Orleans.
Columbian, of Louisville, Kj.
Sun Mutual, of New Orleans.
Fire Association, of Philadelphia.
Fidelity Sc Casualty , of New York.
Mechanics Sc Traders, of New Orleans
N. O. Insurance Association, ot *•
Orleans.
acoiusn union & National, of Edinburgh, Scotland.
Total Assets, $96,358,063.71.
Lodns Promptly Made on Desirable Real Es
tat- for Terms of 5 and 10 Years. _
L. R. Grobmyer,
—PROPRIETOR oe the—
*$K3iiy -Ms at • Market.#
Etej^s Ir reah Meats of all liiuds, and Game lu seasons. West side of ^ Wsskinf***