The Greensboro patriot [November 6, 1907]

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THE GREENSBORO PATRIOT
VOL. 86. GREENSBORO, N. C WEDNESDAY. NOVEMBER 6. 1907. NO. 46
IP*
W. J. RICHARDSON
off CE
*SlO
ENCE:
McADOO BUILDING
,, TO POSTOFFICt
15 WEST GASTON ST.
7 H. B0YLE5. M. D.
PHYSICIAN AND SURGEON
. .in Holton !>"»« s,ore Building.
0**in onice Phone 80*.
, , ,.., w. Hasten; Res. Phone 786.
Dr. J. E. WYCHE
DENTIST
OFFICE IN
..,,,, ft" "
CARTLAND BLDG.
LOCAi NKWB.
IP^VS'
Dr. M. F. FOX
CiAN AND SURGEON
iUILFOBD COLLEGE. N. C.
Dr. Z. A. BURTON
DENTIST
Mao ' Mrs. Watlintrton building,
.",. I ...r to I'onyiT's Drug Store,
(■(•stairs.
C. W. BANNER, M. D.
opposrxi ponfotsicn.
Limited to the Eye. Ear. Note
and Throat.
rs-» A. M. to 1 P. M.; 1.30 P. M. to
in lay. • M W:M A- M- Riven to tne
lhk«*
Mrs. A. B. Kimball 1B visiting friends
in Wiuston-Balem.
Petty-Reid Company have the roof-ing
paint for you. Fireproof.
Mr. G. A. Orlmsley is preparing to
build a handsome residence in Fiaher
park.
Miss Alice Devinish, of Asheville, is
the gueet of Mrs. W. P. Bynum, Jr.,
on Arlington street.
Call and see us for dry goods, gro-ceries,
shoes, etc. Will save you money.
PLEASANT GARDEN CO.
Mr. John P. Scott has moved bis
family from North Forbis street to his
elegant new residence on North Kim.
Judge Jas. E. Boyd and several
minor officials are at Asheville this
week holding the fall term of Federal
court.
Mr. Thos. H. Tate. special agent of
the Fidelity and Casualty Company,
his gone to New Orleans to remain for
aome time.
Dr. J. K. Stockard, U. 8. A., has
| purchased two more nice building lots
on the corner of Church street and
North Park Drive.
One of Mr. C. W. Jennings' new
store rooms on West Market street is
being fitted up for an electric theatre,
which will be known as the Lyric.
We will trade wagons, fertilizers,
farm machinery, etc., for cash or Clear-ing
House certificates. No objections
whatever. PETTYREID CO.
GREENSBORO BANKS FALL IM LINE.
Chas. W. Moseley, M. D.
PUACT10E 1.IMITI1I TO
IdsEASES OF STOMACH
AND INTESTINES
IM v vdoo Hotel. Greensboro, N.C.
i . phone 30. Residence Phone 300.
Dr W. P. Reaves
n fi»r« House Surgeon New Orleans Eye,
F.ar. Koae aud Throat Hospital.
fVaca'ce Limited to Diseases mH Stir-
|iry 0 ii" tye. Ear. Nose mi Throat.
Hours 1.30 to 5 P.M.
tllw adding. Next to Postoffioe.
Or. C. T. LIPSCOMB
DENTIST
oe iver Sykes Drug Company.
Phone TO8.
n T«TLO« '■ '• aeaiia.
Taylor «3 Scales
AHORNLYS AND COUNSELLORS
AT LAW
GREEHSBORO. B. C.
i. urt M. Douglas. Robert D. Douglas.
DO'UGLAS & DOUGLAS
ATTORNEYS AT LAW
>''••• la Greensboro Loan and Trait Bldg.
THOMAS C. HOYLE
ATTORNEY AT LAW
Sty Kj Bank Bldg., Greeasboro,
'l >, HInntion given to oolleotions.
^tui!:. i tiated.
c.
Kobert C. Strudwick
-'RNEYoJ COUNSELLOR
AT LAW
■ «;: .nire. GREEHSBORO, I. C.
P. rIOBGOOD. Jr.
ATTORNEY AT LAW.
■' Wrurht nullding. Opposite
■ '! ilouae, Greensboro, N. C.
■' EuykandalL 8. Glenn Brown.
Kuykendall & Brown
ATTORNEYS AT LAW
"o«M M an.i Wj_ CTty Hafl Bank Bldg.
W1* -'it. Chas. E. McLean.
SCOTT O McLEAN
ATTORNEYS AT LAW
ill Court Square, Greensboro,5.C.
GEORGE M. PATTON
ATTORNEY AT LAW
"h. i"',.:ure. - 0 reensboro, N. C.
THOS. J. SHAW
ATTORNEY AT LAW
Dr. C. C. Weaver, president of Dav-enport
College, Leuolr, is spending a
few days iu the city, having brought
his wife here for treatment ID St. Leo's
hospital.
The store room on the first floor of
the Caldcleugh building is being fitted
up for a restaurant by members of the
Greek colony which recently located
here, coming from Roauoke, Va.
If yon can't find a pair of logglns at
our store to please you, both in quality
and price, why you can't be pleastd.
Try us and be convinced.
45-2t WAKEKIKLD HARDWARE CO.
The plant of the late semi-weekly
Tar Heel was purchased Saturday by
Mr. J. D. Dorsett, of Spencer, one of
the largest stockholders ID the paper.
It Is not known what disposition he
will make of it.
The Greensboro Merchants' Associa-tion
will give a banquet next Monday
night to the merchants of the city.
The banquet, which will be in the na-ture
of an old-fashioned supper, will be
served at the McAdoo.
Dr. Phil Terry, of Washington, D.
C.i who was resident physician at St.
Leo's hospital here duriug the summer
montliH, has been appointed an interne
at the Washington insane asylum, sub-ject
to civil service examination.
Well attended and interesting re-vival
meetings are In progress at the
Forest Avenue Baptist and First Re-formed
churches. Rev. O. L. Powers,
of High Point, is assisting at the former
and Rev. J. D. Andrew, of Burlington,
at the latter.
Mr. C. M. Vanstory sold three nice
■mall truck farms out beyond the fair
grounds this week. These farms arc
ou the Greensboro-High Point mac-adam
road, which is cearing comple-tion
and are not far from the LIudley
park car line.
The West Market church chrysan-themum
show opens tomorrow In the
dining room of the hotel Guilford, the
entrance to which is now on Sycamore
street. A gorgeous array of flowers
has been secured for the show this
year. There will be no end of good
things to eat.
Tobacco is coming to market freely
this week and prices are more satisfac-tory
than at any time duriug the year.
Farmers oiler little objection to clear-ing
house certificates after they find
that they are just as convenient as cash
and are batter than any check Issued
by any individual, firm or corporation.
The Carolina Asbeatos Manufactur-ing
Company has been organized by
Mr. R. G. Sloan and others of this city
with a capital stock of $25,000, and a
meeting will be held at an early date
to elect officers. The plant will be
located just outside of the city limits
and the concern will manufacture as-bestos,
asbestos pipe covering and as-bestos
material.
Mr. H. C. Leonard, the young brake-man
charged with manslaughter, in
that he is held responsible for the re-cent
wreck at Rudd, was here last
week and employed counsel to conduct
his defense in Superior court next
month. Messrs. G. S. Bradsbaw and
\tgKSi »« s. Elm St.. Greeasboro, 1. C
Clearing House Certificate System Adopt-ed
to Protect the Business Interests
of the City and County.
Representatives of the seven banks
of this city met Saturday evening in
the directors' room of the Greensboro
Loan and Trust Company and decided
to follow the example of banks iu other
towns and cities and issue clearing
bouse certificates in lieu of cash on all
checks of more than ten dollars, thus
insuring not only the stability of the
local financial situation, which is as
yet practically undisturbed, but cir-cumventing
any possibility of a drain
of the city's available cash to outside
points.
The following statement from the
Associated Banks of the city, consti-tuting
the Greensboro Clearing House,
gives full details as to wby the step
was taken:
"The banks of Greensboro are iu ex-cellent
condition and have ample funds
for all banking purposes, but the
Northern banks where much of this
money is on deposit refuse to pay out
any colu or currency and pay only in
checks and certificates, and this action
on their part has decreased the supply
of actual coin and currency in our
banks.
"Many of our neighboring cities and
towns such as Danville, Durham,
Winston, lteidsvllle aud South Boston
have been obliged to pay checks iu cer-tificates.
These combined causes will
rendered it necessary for the Greensboro
banks also to begin to pay checks iu
Clearing House certificates and such
payments will begin on Monday morn-ing,
November the fourth. These cer-tificates
will be in denominations of
one, two, live, ten aud twenty dollars
aud will be received by any bank as
cash aud will be paid through the
Cieariug House. For ail practical pur-poses
these certificates will be as good
as cash aud will freely pass with the
merchants and bunks and iu other pay-ments,
aud our people will not be in-convenienced
thereby.
■■The certificates will be guaranteed
by the seven banks of the city which
will make them absolutely safe, each
bank having deposited with the Clear-ing
House ample securities to protect
the banks iu guaranteeing the certifi-cates.
For the convenience of customers
the banks will pay checks amounting
to teu dollars lu coin or currency, if de-sired,
not more than one such check to
be paid each day for any depositor.
"It will be necessary, we hope, to
continue this arrangement for only a
very short time, but duriug that time
there is not the slightest cause for
alarm. Our banks were never on a
more solid foundation and the only
reason for this action is that the avail-able
coin aud currency in this city may
not be decreased to a point where it
would not be safe. All of our people
are interested iu this as much as the
bauks as it would never do to have the
funds in this city gradually sent to
other places."
MERCHANTS ACT.
Saturday night in the Merchants
aud Manufacturers' Club, a meeting of
the Merchants' Association was held
and the following resolution was un-animously
adopted.
"Be it resolved by the Merchauts'
Association of Greensboro iu meeting
assembled that, the plan of Clearing
House certificates adopted by the sev-eral
banks of this city is heartily ap-proved
by this association.
"Be it further resolved that the mem-bers
of this association pledge them-selves
to accept at par the said Clear-ing
House certificates in payment of
goods to be purchased in the future or
for debts previously contracted."
Prior to the meeting of the Mer-chants'
Association there was a general
meeting of merchants, bankers, and
business men of all kinds which taxed
the capacity of the hall. In fact, it
was perhaps the largest gathering of
local business men ever held here, cer-tainly
the largest the writer remembers
to have seen.
Messrs. R. R. King, A. M. Scales, W.
S. Thornton, and others spoke along
the aame lines as those indicated in the
address from the Greensboro Clearing
House published above It was plain
that the points made by these gentle-men
were well taken and that the
bankers had the merchants solidly be-hind
them.
It was expressly stated time and
again that all seven banks of the city
were back of every certificate to be
issued.
The adoption of the certificate sys-tem
was attended by little or no con-fusion
Monday, and business is run-where
the temporary shortage of money
was moat felt, is improving rapidly
since the heavy imports of gold set in.
The following statement, signed by
a number of gentlemen well known
throughout the county, explains itself:
Greensboro, N. C, Nov. 4, 1907.
Mr. W. E. Allen, Secretary, Clearing
House Committee, Banks of Greens-boro,
Greensboro, N. C.
DEAR SIR: We, the undersigned
hereby desire to express and heartily
endorse tbo action taken by the banks
•f Greensboro at your meeting held
Saturday night at which you decided
to issue clearing bouse certificates in
the place of curreucy to relieve the
present scarcity of mouey.
We recognize the enormous amount
of money required to move the various
crops of the country at this season of
of the year, which are u n usually large
this season and seliiug at higher prices
than ever before.
Your action is one which cannot fail
to meet with the approval of the entire
community and will safeguard eve.y
depositor whs has money in your
hands and demonstrate the wise and
conservative judgment at times neces-sary
by all financial institutions.
The action you have taken is one di-rectly
Interesting all the people ef our
community and we assure you of our
hearty co-operation, our deposits will
contiuue to be made in your bank just
as wo have always done, aud we will
gladly accept the certificates issued by
your banks in payment of all bills, the
same as we would the cash, and are
confideut that the people of our entire
community will do likewise, knowing
the financial strength of all the banks
of Greensboro aud the wise and cou-versative
methods the bauks bave al-ways
exhibited in handling the funds
of the people.
Very truly yours,
LKK S. SMITH,
ED. R. TUCKER,
B. E. JONES, Sheriff,
JOHN A. HODOIN,
F. K. THOGDOK,
W. C. BOREN,
J. ALLEN HOI.T,
R. C. DICK;
J. A. DAVIDSON,
JOHN A. YOUNG,
M. L. KENDALL..
JOHN C. KENNETT.
THE CASE AFFIRMED.
The Supreme Court Decides Against the
Singer Manufacturing Company.
It will be remembered that about
two years ago G. A. Summers was the
agent and manager of the Singer Man-ufacturing
Company's business in
Greensboro and the surrounding coun-try
and he was charged with embezzle-ment
of the funds of the company, go-ing
to the City National Bank and get-ting
a cashier's check for $1,824 and
carrying it to Virginia and selling It to
F. D. Fuller.
Summers was indicted for embezzle-ment
aud the Singer Manufacturing
Company brought suit against F. D.
Fuller to stop the paymeut of the
checks and to recover the money. The
case was tried twice in the Superior
court, Fuller winning each time, and
now tbo Supreme court of the state has
just affirmed the judgment of the lower
court, declaring that the Singer Manu-facturing
Compauy bad no right to re-strain
tu« City National Bank from
paying the check giveu to Summers
and transferred to Fuller.
This long litigation is now ended and
F. D. Fuller will get the $1,824 iu the
bank with interest thereon and the
Singer Manufacturing Compauy will
pay the costs.
Col. John A. Barringer aud Ex-Judge
W. P. Bynum, Jr., represented Fuller
aud King & Kimball represented tbe
Singer Manufacturing Company.
Death of a Popular Police Officer.
Mr. 8. N. Ridge, a popular and capa-ble
member of the Greousboro police
force, died Monday night afer a linger-ing
illness, leaving a wife and four
children. Mr. Ridge was about forty-five
years old and stood well iu the
community. Some years ago he served
for a time ou the police force, but re-signed
to resume work at bis trade,
cabinet making. He afterward moved
to High Point, where he lived three or
four years. Not long after his rotum
to Greensboro he again became a mem-ber
of tbe force, serving faithfully until
his health failed from consumption.
He bad not been able to w.urk since
last spring.
The funeral of Mr. Ridge took plaee
yesterday afternoon at three o'clock at
the family residence, 406 East McCul-loch
street, Rev. A. T. Bell, pastor of
Contenary Methodist church, conduct-ing
tbe services. The police of tbe city
acted as honorary pall-bearers. The
active pall-beirers were Messrs. J. W.
Vanstory, L. 8. Reese, N. L. Eure, W.
L. Brewer, S. B. Matlock aud R. T.
Thomas. The deceased was a member
of the Junior Order and the local coun-cil
had charge of the funeral. The in-terment
was in Greene Hill cemetery.
Episcopalians In Convention.
The seventh annual convocation of
tbe Episcopal diocese of Charlotte
meets at St. Barnabaa church in this
city today. The venerable E. A. O*-
borne, arcb-deacou of the diocese, will
preside. The convocation covers the
missionary work of tbe western district
of North Carolina. A number of cler-gymen
and laymen from the various
towns In the western part of the state
will be in attendance, and some prom-inent
men are scheduled to take part
in the discussions. Following is the
program:
Wednesday, November 6—10 A. M.,
roll call and organization; 11, morning
prayer, sermon by the Rev. R. R.
Phelps, alternate the Rev. F. M. Os-borne;
3 P. M., conference, reports of
ministers, treasurer, etc.; 8, evening
prayer, conference, subject, "Laymen's
Missionary League," tbe Rev. F. J.
Murdoch, D. I)., Hon. J. C. Buxton,
Msj. William A. Smith.
/Thursday, November6—7.30 A. M.,
holy communion; 9.30, morning prayer;
10.30 A. M., conference, (1) "Children's
Advent Ottering," tbe Rev. 8. R.Guig-nard,
Erwin Holt; (2) "The Pledge
System for tbe Support of Diocesan
Missions," the Rev. E. L. Ogilby,
James C. Marshall,C. E.Frick; HP. M.,
"Work in Mill Settlements," the Rev.
A. R. Berkeley, the Rev. 8. J. M.
Brown, C. P. Wiicox. 8 P. M., confer-ence,
(1) "Aggressive Missionary Work
in the Convocation," the Rev. H. Mal-linckrodt,
(2) "Strengthening the
Foundations Already Laid."
Every Banking
Apcommodation
that lies with In our power
to render Is extended to
those who do business
with us. Next to our cap-ital,
we oount courtesy
one of our most valuable
assets; without it, we
would have but little oo-oasion
to require capital.
In our saving depart-ment,
we pay you four
per cent interest, com-pounded
quarterly. Why
not start a savings ac-count
here? You will
need the money some
day.
American
Exchange Bank
GREENSBORO. N. C.
Capitol. • $300,000.00.
K. P. WHART0N. President.
J. W. SCOTT, Vice President.
R. G. VAUGHN. Cashier.
J. W. CASE, Mgr. Savings Dept.
ffmiHiniiiiiiimiiiiiiiiiimumamg
Hallowe'en Blaze.
A new stable belonging to Mr. W. P.
Bennett and located at the rear of his
resideuce on Bellmeadeavenue, caught
fire iu some unaccountable manner
last Thursday evening about 6 30 and
burued to the ground, together with
all Its contents, including a good horse,
two sets of harness, a lot of feed and
several farming implements. There
was no insurance ou the property. It
happened that Mr. Bennett put up his I at the lowest possibl
Certificates Good as Cash.
We desire to assure our friends and
customers in town and county that we
heartily endorse the action recently
taken by tbe banks of Greensboro and
will gladly take their scrip or clearing
house certificates in payment for goods
or accounts at face value to any
amount. Those who most fully un-derstand
the situation know that there
is no real trouble in money matters
aud that tbe steps taken by the banks
in this and other cities are to prevent
tbe possibility of trouble aud embar-rassment.
The country and especially
this section was never in a better con
dition, and we look for a larger fall
and winter trade this season than ever
before. Our sales for October were far
ahead of former years, and our stock of
new goo is is larger and better than
ever before. Bring your certificates or
cash to this store aud you can depend
OO getting new, reliable merchandise
prices.
Teachers' Association Meeting-.
To THE WHITE TEACHERS OK GUIL-FORD
COUNTY:
As has been announced, tbe Guilford
County Teachers' Association will meet
Saturday, Nov. 9, at tbe court house.
Tbe meeting will begin at hy/clock
A. M., and there will be only one ses-sion.
All tbe rural teachers are ex-pected
to attend this meeting, and we
also cordially invite the other teachers
of the couuty to meet with us.
There will be two parts of the pro-gram.
The first part will be a discus-sion
of tbe course of study aud the
county high schools.
Tbe second part will be devoted to
the work of the Woman's Betterment
Association. Those who bave organ-ized
local associations will please be
prepared to give a brief account of what
has been done iu their respective dis-tricts.
Youra truly,
Tiios. R. Fousr,
Pree. Guilford Teachers' Association
Convention Postponed.
The semi-annual Guilford Couuty
Sunday Schjol Conveutiou wbicb was
appointed to meet with Center church
has been postponed ou accouut of cir-cumstances
over which the execuUvo
committee have no control. The ses-sion
will most likely be held at Guil-ford
College Saturday before tbe third
Sunday in November.
Ex KCl.TI v K CiIMHITTKE.
Syracuse plows staud the test. Try
one aud be convinced.
PETTY-REID CO.
horse himself that evening just a short i THACKER & BROCKMANM.
time before the fire, and he knows that |
everything was all right at the stable! Mr. Henry C. Marley left Monday
whin he left there. | night for Stuart, Va., where bo will be
' united in marriage today to MissKath-
Death of Mrs. W. S. Overby. j^perkmH of tha, place Accom.
Saturday night at 9 o'clock at her) panying Mr. Marley were his mother,
home on King street, Mrs. W. 8. Over- jMre H< B- Marley, Mr. and Mrs. Geo.
by died after an illness of some time, j p Orutchfield, and Messrs. Harry 8.
She was about 50 years of age. A bus-; Douneii) E. E. Cnrtland and T. D. Gil-baud
and six children survive her, two ; ,lam Mr Donnell will act as best
daughters and four sons. Mrs. Overby I man at tne ceremony, aud the other
was formerly Miss Julia Smith, of Ker,t|emen named will be attendants.
Louisburg. 8he moved here from Ox- j Mi88ea Genevieve and Lois Jenninga
ford about ten years ago. The remains , are also at ytuart to attend the wed-were
taken to Oxford Monday mom- jjng_
lng for interment.
flHsMMBssSsMM
YOU CAN'T BUILD
ANYTHING
WITHOUT MONEY
John A Barringer will appear for him. ning along smoothly. It is not believed
The case is one of peculiar Interest to that the use of certificates will be re-railroad
men, as well as the public | quired for more than a few weeks, as
generally » Ithe nnancial situation in New York,
FOR SALE—A good sound thirteen-year-
old mule, that will work any-where.
Call on or address
DR. C. S. GILMER,
Route 6, Greensboro, N. C.
Nothing: Better Hun the Best.
We have the beet wbon it comes to a
shot gun. We can save you mousy on
them too.
WAKKFIELD HARDWARE Co.
And if Fortune is tbe structure
you wish to build, you should by
•11 means begin saving as yoar
cornerstone. You will never be
financially independent If you
wait for some "lucky strike."
Deposit some of your earnings
ID tbe City National, and add to
it regularly. We will add four
per cent, interest, compounded
every three months. Then,
WATCH IT GROW!
CITY NATIONAL BANK
Capital. $300,000; Swplu, $38,100
GREENSBORO, N. C.
W. S. THOMSON,
Prealdent.
. Las H. HATTI.E. Cashier.
J. VAN LINDE
VioePrea