Newspaper Page Text
Statenment of the Condition of the
PEOPLES LOAN JtND. EXOJ0. BANK,
Located at Laurens S. t., at the close
of builness Marel' 5, 1917.
Loans and Discounts .. ..$354,022.38
Overdrafts. . ...... 7,213.95
Bonds and Stocks owned by
the Bank -........ 25,000.00
1'urniture and Fixtures. 3,250.00
Banking Ilouhe .. .. .. ...10,000.00
Due from 'Banks and Baik
er . -.-.-.-.-.......20,R12.85
Currency - -. ...7,-7-1.00
Silver..-. - -.-.-.- ... . .35.00
rand Other Coin .. 2,253.63
Checks and Cash Items .. 1,25:3.68
Capital Stock Pa d In .. ..$100,000.00
Surplus Fund - -- .. .. 25,000.00
Undivided Proil, long Cur
rent hxl)ensr ai- Taxes
Paid -- -.- ..... 59,864.40
Due to Banks ap, Bankers 1,150.34
Dividends Unkhaid ...... '224.00
Inlividual DepoBits Subject
to Check .. . .$121,831.26
Savings Deposits 17,930.14
Time Certifleates of De
posit -. .. .. 105,026.07
Cashier's Cheeks 589.28 2-5,376.7-,
State or south Carolita,
Coutly of IsLrlns, ss:
lcforie Inc einme C. W. Tune, Cash
ier of the above iIlei \aowo, ban .
lig dilly sworn, says that file above
mnd foreg.oiig statennt is a true con.
ditionl of said batik, as shown by the
books o1 satid baik.
C. W.I TNFt.
Sworn to alid sutbs(cribed Ibefore me
this 20th daIIv of .lareh, 1917.
IA. C. .11a1ie,
Correct. Attest: W. A. Watts, .1. W.
0(1dd, It. F. .JOlnes, Directors.
Ntatetniit of tih he(ondition of the
BANi OF ('1s1Ss 1ILI,,
Loated at. ('ross ]fill, S. C.. st the
(dose of busines% Malmrh 5 1917.
'(1Sians and Discouts .. ..$170.923.87
Overdrafts- -.. .. . . 386.68
FitrtnitureiC aIdI( Fixlitres .. 1,000.00
allnkiig I lots- . ... .. ... 1,250.21
Pilo frot 11.an1ks and lan k-.
.................... .2 .1. C7
silver an1 Other Coin .. 29 1 .1 s
1LiAllJij 'I'i 16:
Capit'al Stock I'ai In . . .I.I $ 5 (i0
Surplus F4ud 2
ent I-6Xpen(s nd Taxes
'aid . . .. ~.'.. .. ...i 7 72
Ind(ividua'l Deposits' subject
to Cheek .. ..$l0,187.:;7
Time Certiilales of i
posit .. .. .. .. 7, 0.;2
'Vidl!'s (Iteclis :.01's7:
state of, Sout~h Carolina.
CotyIi of I santenvhs, ss:
Ib'fore nIe (.1me1 V'. 1>. .\alin, as
ior of the above onanled baik, who,
beitig dully swortn, says tht 1ihv above
anId foreioing statemet is a rule con
(litioln of "tid batik, as showt by ie
books of aii bank.
W. 1'. .\ARlTIN.
Sworn to an11td iubsribe before tm
this 171 t day of. Mareh, 1917.
.1. K0. Ieaman,*
Cor-rect, AtteS: W. C. Itaso., Ill. B1.
1tasol', H. A. .\1,11in, Director.
sNintementf of the t'ondition of the
- P.L31F.T"I' RA.NK,
Locited sit Laurens, S. C., at the close
of lustiness 3Mnreb 5, 1917.
1)la 111 a Disco tils .. ..$179.375.9.1
O erdrafts .. .. .. . .. 2. 1 .97
Unntkinig IIoitse.. ........ .I.55.l
Othier Iteal IEstat e Ownted ., 2,7 75.100
Currtency .. .... ...... 3-36
Silver and1( Other Coini .. . . 1,118.12
Total.. ...... .......$215r ,t:3.58
Capita1 Stock Paid i u . . .$ .50,000).00l
Sur'pluts lunid . ..( . 1.. ) (0,00.00
I inilvi ded Pruollts, leb-stu
Paid .. . .. .. 1,80.41)
D)ue to IHanks anid ahn kers 2,039.61)
diividend~s I'n tpid . . . 1 00.00
Ondividual Decposits SuibjectI
to Check...$59,709.86 e
ving- Deposits 28,108.36,
o (Certiticates of D~e
itrs Cheeks 66.65 1341,39:3.58
ta .. ...... .......$215,93.58
~to of South Carolina,
County (of Laurens, ss:
efore tme camie IL. . tHalile, a sh ier
thle above ntamied batnk, w~hio, being
Buly swor'n, says thant the above andi(
foregoing statemient is a true condi(1
tion of saidi banik, as shown by the
books (of saidi bank.
S wornf to antd subs)cr'ibed before me1
thIs 20th day of' .\lt, 19)17.
T. 10. Babb,
Correct Al test : 11. IB. Terry, L. 16.
Buri ns, Claren1ce Cunitinghami, D)ire
Yes! Lift a Corn
Off Without Pain
Cliniat iIuthiority tells how to dry'
ppj a cortn or callus so1 it lifts ofY
need sutffer' no( longer. Wear the shoes
that netarly killed you beOfore(, says this
Citncinnti authiority, be'aiuse a few
dtrolps or freez'/one til 10ie dtrectly on a
tendcer', alching. cornl ort enlis. stops
slorenents at loce anid sooni thle corni or
hardened calluis hloosen1 so It canl beo
lifted out, loot and1 all, wvi t t pain.
A small biotle~ of freezotne stail ver'y
little at any dru'ig store. but1 Afil ptosi
Silvely take off every hard or soft
corn or calltts. This should be Itriedl,
ats it is inecxiponsive tand is said tnot to
If yoiur dr'uggistt hiasn't any fr'eezone
tell hIm to got a small blottle for yeou
AI ohl tu5l1Oti ent OlsilsO4 pu uis Uoug
AJOAG(it~~tfOU O~j 9~03 pul jjtOUII
The questio) of road improvement
is one of vital importanne to our peo
ple. The Commercial activitoe. of to
(lay demand transportation facilities,
without which natural resources,
whether mineral, agricultural, or oth
erwise, cannot reach their full devel
opment. This is a day ofrprogr.cs 0n
all lines and we have to progress with
It or be left. Competition is keen in
all 1ines of busineis. Labor prices,
lule prices and living costs are
mounting higher every day. The coun
ty without railroads cannot compete
with the county that lia them. Neith
er can the county without improved
highways compete successfully with
the county that has them. Labor at
75 cents per (lay yields 25 cents more
prollit thtan similar labor at $1.00. The
feam hat carries four bales of cotton
at a load Is worth two teams carrying
two bales each. The farmer, who by
reaol of his better roads haills two
tons o fer'tilizer at a load gets his
cheaper than Ili.s competitor who hauls
one1 tol onl a bhad road,-which mean1s
larger proitts. The had roads farmer
loses the digereice In tle m(ud. lie
loses tile differeonce on every load
hauled. His teatin and wagon wear
Olit quicker and Ile loses tile differ
ence. lie has less time to prepare
his h.llnd and loses the difference on
the crop. Ills sectioll Is not Its at
tractive to tile hom1e seeker, an(d lie
loscs the difference in church and
school mteilties 'and .in iominity,
life. iis boy is attracted to more
favolable sur'onildin gs and he loses
the differelice ill Ills o' age bet ween
comnpanlionship and loneliness,
lie sells the farm at half tile price
and hall,; lost the other half of a life
timle's saving.-in thie mu11d!
The idea of road bond Is inot new.
The soilth is tle ast sectioll inI tle lln
loll to begin tile building of improved
roads, and Souith (' trolinla Is about theo
last Iof tile Southern States. In all
of the other Sotilhern States there ate
'nl1111cerous 1 1 couties th1at .have issled
bjonds for roadIs, LastI year North
Carollin Spent oil road improvelent
the still] of $5.100,0011, Georgia coun -
ti's spent1 $5,000,000, Texas Spent ap
proxilliitely $20,0100,000, and will dou1
bl111111 It allolint. for 1917. Florida ill
revilt years has s pentt $17,000,000 .
Others 'ould o be namned, but slace for
hids. The work ill all tl'se states
sta1rted oil a sm1all scale, just a it is
irinlug lw i l ou1t.h arolin1a. It Was
iOulmd 1o pay in dollars and] cents ,
hellce the 11icrevased a onltils invested
Iin roads. The counties lthat art, Im.
proving tir a roads are increasing Inlm
poplhtI lon,. inl Industri'es and Inl
wealith and are rapidly outistripping
others..,. The honld meth1od Is usumally
adopted as4 fIrn11ishing the che1aplest
mlonley and available inl larger Volume,
m1ak ing possible tile eatlicr comple
tioll of tile wor'k----a om1 plete system1I11
of highways cann11ot be built by drib
Intet (' on 1 tile bon~ds wold be at
iroms - 1-2 to 5 1)er cent 11er annumtil,
while loca'tl mn1ey' is wor'th S iei' cent.
Thereoe l' thI( Ile load builIt with bilond
11n0ney is tile chleape(st r'oad. I have
been1 askedi thle (11uestiol. '"Whaliit wIll
bll my: Iat of' t his debt?'" A loan of
$:h00,000 againlst thle flotail of $7,385,
books gives thle talxpayer' w~ho assesses
$ 1,000 of prioper'ty the 111m of $40.62 as
his share of thle 10oan, or' Is share of'
tile bond~s. Th'Ie Interest on1 tis at. 5
11er cent would~ be0 $2.03. if tile bonds(1
run11 30 years, then thle small sum11 of
62 cents annually set aside as a sInk
ing fund and acciluulted at 5 per1 cent
c0lIompound inlterest will 'pay off hlis
$50.62 when01 due, givin~g Im~ a total
aninual cost. of $2.65 01' about 2 2-3
mil1l1 tax. leor tile man who assesses
$100 tihe annulal cost would ther'efor'e
he 26 1-2 eents. Ti' s cnicuilat Ion is
Onl tile longest termIl, and at tile Ighl
est ralte of Interest possIble ulnder thle
Shlottid it be diecided to issute serilaI
bends mtaturling in say, halt ever'y five
years tile flgur'es 'Wouild vai'y slightly
fr'om tile above. it is unrder'stoodi that
tis aI aunft of mionley would not build1(
hligh cinas roads ovgr' tile entir'e counl-.
ty, but we believe. that b~y a juldicious
distribution of th~e workl, Improve
mlenlts of a permlanient chlaracter 'old
be miade a't least 011 tile worst porltions.
Cut the ipor'tant market r'oads of tile
('oun!ty, i whih w~ould be a mlatertial
A little stuIdy of 'onidit ions wvi1Il'Or
vecal tile fact thlat Onl all ofr 1' ads111
there( atre sectionls that remiln comn
parat'l ively goodi thiroulghtirut the13 yearI
and11'1 wich wl'ith pr'operl'shiapin l u p and
drlainage wold 50erve 01ur needis for
some1 time11 to come1. it is tile bad see
(jils 0of road~ thatt hhoul~d have first at
t('ntion1, beeause thlese are tile sectIons
1er' policy to iput dlOWn a goodl typo of,
(cnstruictlon 01n tile had sections (of al
given r'oad, somlething as nearly 11er
manlfenlt as5 possible, thlan to attemp lt to
cover- the entir'e length of road with
ebheaper work. 'Roadwork Is expenl
sive inl propor01tionl to its durability.
Theo money should be distr'ibuted to
the important market roads of the dif
ferent sections of the county as near
ly ni Posellji in proportion to the
hmount of traffhl over same. Traflic
being usually in proportion to popu
lation, this would make tin equitable
distribution to the different sections,
giving each its share of the benefits.
While the amount of bonds proposed
would not amake permitent improve
ment on the total length of ill of ou11r
important roads, still if spent as above
suggested it would prove a marked
benefit to the county as a whole and
mvould be money well spent.
If. B. fIlUllBIRT.
S * * * * * *e* * * * *
* iiM.\DDEN NEWS.
*' * * * * * * * * * * * * * *
Aadden, .\lac 2ll 0.-Every day it
secils thli war elotis grow iore and
more theatening and the delige seeiis
near. God grant we may be spared
tle horrors of war!
The ground still contiiles wet-too
heavy to plow. We must live in a
very hilg place however, for farm
ers are Ilownlg only inl h igh places.
Mr. John it. Finley went up .londay
afternoon to the burial of his life
long frienid, Ar. .1olin Wade Anider
son. We were truly sorry' to hear of
'the death of this good man.
Surely no one ever heard of as many
sudden deaths as has occurr ed lately.
"We are going, ever going
Thick and fast like falling leaves."
Alrs. Alay Al adden spent .londay
with her sister, Airs. .1. A., \offord and
they called oil .\rs. .lartii in the af
ternooin. riends pf .lrs. Alaitin will
be glad to h enar she is up after a sick
spell of a I'w days.
Mrs. Aollie Teagie spent par of' last
week wilii lier nieces, .lesdaines ( . 11.
an1d T. b . Finley.
.liss Jessie 'Illompsonl came hioiine
froin a hospital in Colilibia 'I'liursday
iight .aiid is grttlig (nil very nicely.
Al I. and Alrs. C. I'. siiley sp ;t i l
day at .lt. Pleasant witi tle family of
Airs. ). W. Filiey. lrieidst of1 the
latter will be glad to know his wife
is htifer and able to be inl tovn Alon
Alaster .1. 1). ('ithertson ielbrated
hisli 6th birthda) Suiinlay. .m\, andl irs.
Silpson llajlv tild childrei and A\'s.
Alollie Teagiie (ijoyed the diiinner.
served by Alt's. 'uIiliertsoil fo the or
The family%. of At. %V. 11. 1inlgons
5 (nt Sittiday with Ii.-, iliothetr. AMr. T.
Our sympatly Is hereby exteilnl'l to
Atr. llenry Wuamtio on the 'oith of
his good wife, w!:o die'd stldl,-ahl\ .nst
Salriiday md16 ii('nin at ir hoe im) Wa
.. 11 inley.
Several tarmner.-4 a r'T mn-i ler - .av''
iadl uip an ordie:- for' SpnI:ish, pmtanmis
aii acre or' tuorhe. Slowly b3tut -orelvui
farnmers ;are waking tup.
The (hlapnin hoys uim' buh1.1 t anid
arel inow enjioyin a tno lrd
AMr. (Cliff Cnniinu ii anmd daugtier,
.\l ss .itulia, of ('ross 11il1. werte recent
visitor in our city.
Al iss bidle ('tl bert"on. of Ekoim,
joi ned thle W. 0. W. delegr tes hre
.\tonday afternooni on their waty t: the
conventioni at (Irneenwvood, wvhere a
great time was awaiting theiii.
* * * * * * * * * * * * * * *
* FOWL'iER'S NEWIS. *
*C* * * * C * * * * * * * C
Fiowler's, AMareb 1 I.-F arin work is
greatly imipede~d in this sect ion, so
much cold weather and rain.
Some cas~es of niensies here; othier
wise the health is very good.
Miss Etta llrowvnlee is in spartan
burg visiting a sister, Mrs. Jo.03.
Misses Grace Poole and Carrie
Fowler returned yesterday from IIa.
good, S, C., going there after at tend
Ing the teacher's' meeting in ('olum
bla, to visit Alrs. A I ton duiring the
aveck-endl. Tihey' weirechamned withi
the low country hospitality, its
loming flowers, good iroads atnd its
highly refinedl people.
Mfendames R. L. SimithI and S. .1.
t1urns have imprioved from recent ill -
Mir. 'R. L. Smbih has r'e'ent ly ic
tutrnled ftrom a hosplital in Stpairanhunrg.
AMr. C.* H. T1ayior ila building a nice
Alts. TI. A. Drt imondl visited lieri
mother t hIs week.
\Ve have a large and tlotirishing
sch')o! here. Thie c !lient and pains
'taking teacher, AMiss Poole's reord as
a puipil of thle Confederate I lomne is a
specialty of adlmir'ationi, and~ we nil
F'eal ize thle valule of hier imeiritor'ious
'work. She and her pupils arec nowv
prepaintg an excel lent progranmme,
whlch will be rendered at the school
house in the neat' future.
Miss AMargaret Wolff of the Fleinsu
ichiool, attendied the teachers''t meet
jnsr In Columbia.
Are deeply in -earnest as never before, we
believe, about this all-important question
of raising our own food and feed at home.
Welare living in a year of rapid changes
and new conditions that ai. e calling for
deep thought and wise council for every
man to work -out his own salvation.
Prices of foods are already at a point never
seen in this generation, and now with the
United States a party in the great world
war no man knows the food conditions
and food prices that await us for. another
Would You Be Independent of Those
Then Now Is the Time to Get Ready.
How About Your Garden?
Really now, have you ever given it the thought, atten
tion, and care that you know it should have? Haven't
you generally left it to the wife and children to look
after? Yes, it's all right possibly till about July 1 st
after which it grows the finest grass on that place.
The wise farmer in Laurens this year will make his
garden furnish his table with fresh vegetables all sum
mer and canned vegetables next winter.
Thousands of dollars have gone out of Laurens county
this winter for Irish Potatoes, Tomatoes, Beans, On
ions, Turnips, Cabbage, Canned Corn, etc., all of which
should have been kept here if our gardens had receiv
ediproper care and attention.
Will this be repeated next winter? It will very likely
take more cotton money to buy them next winter than
it did this..
Set our own tables, fill our own barns---then all the
cotton we can raise.
Ask Clemson College and the United States Depart
ment of Agriculture for bulletins on garden work.
Depend On Us to Help Any Way We Can
Peoples Loan & Exchange Bank
Laurens National Bank
Farmers National Bank
Enterprise National Bank