The Jackson progress-argus. (Jackson, Ga.) 1915-current, January 14, 1916, Image 1

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THE JACKSON PROGRESS-ARGUS Vol 44—No. 2 JACKSON NATIONAL HAS FINE REPORT Annual Meeting Held on Tuesday NO CHANGE IN OFFICERS Semi-Annual Dividend of 3 Per Cent Was Declared —1915 Was Declared Best Year in Bank’s History “Last year was the best in the bank’s history,” declared officers of the Jackson National Bank Tuesday following the annual stockholders meeting. The usual semi-annual dividend of 3 per cent was declared some time ago, pay able Dec. 31, and the remainder of the earnings were passed to undivided profits. The capital stock of of the Jackson National is $75,000 and the semi-annual dividend amounts to $2,250. Th# stockholders named one new director. Mr. H. L. Daugh try was added to the board to take the place of Mr. Joel B. Watkins, resigned. The directors are: Messrs. F. S. Etheridge, A. H. Smith, E. L. Smith, H. L. Daugh try, J. Lee Byron, J. A. Jarrell, T. H, Buttrill, W. P. Nutt, B. A. Wright. The directors elected all the old officers and added one new official. Mr. W. O. Ham was named as sistant cashier. The officers are: F. S. Etheridge, president; T. H. Buttrill, vice president; R. P. Sasnett, cashier; W. 0. Ham, as sistant cashier; Warren Furlow, assistant cashier. The Jackson National is the largest bank in Butts county. It was organized Sept. 1, 1908, with a capital stock of $75,000 and has enjoyed a solid and substantial growth. Officers are optimistic over the outlook for 1916. MILLS FOR LOWER HOUSE Almost Assured He Will Be Candidate That-Hon. J. H. Mills, of Jenk insburg, will be a candidate for the lower house from Butts county in the approaching primary is as sured, provided he listens to the solicitations of his many friends over the county. He is now re ceiving letters daily from citizens in every section urging him to make the race and it is believed these appeals will become so in sistent that Mr. Mills will be forced to yield and get in the run ing. He now has the question under consideration and will make known his decision later. It is understood to be the po sition of Mr. Mills that he will run if a majority of the people want him to serve them. Mr. Mills has represented Butts county in the lower house. Four years ago he was elected and served the county most efficiently and satisfactorily, drawing a num ber of desirable committee ap pointments. Among his collea gues he is held in the highest esteem. He was much interested in agricultural problems, being MR. NELSON WILL RUN To Be Candidate For Tax Collector Mr. T. W. Nelson, of Flovilla, will according to a statement made Saturday be a candidate for Tax Collector of Butts in the approaching primary. He has had the matter of running under advisement for some time and has finally decided to enter the political arena. Mr. Nelson is a young man who is held in the highest regard by all who know him. He is quite popular among the people of the county and in the coming campaign will have the active and united support of a large number of friends. His formal announcement will appear later. FARMERS’ UNION HOLDS MEETING Officers Elected For Year Friday Last MEMBERSHIP GROWING Organization Favors Bond ed Warehouses And En dorses The Rural Cred its Bill Also At the meeting of the Butts county Farmers’ Union, Friday, officers were elected for the en suing year, as follows: President, J. J. Mapp; vice president, J. Matt McMichael; secretary and treasurer, J. D. Jones; chaplain, J. M. Gaston; conductor. S- H. Mays: doorkeep er, W. H. Barnes; business agent. J. M. Gaston. Auditing commit tee, A. M. Garr, L. R. Dodson; committee on good of order, W. B. Garr, J. H. Mills, W. F. Stroud. Butts county is now headquar ters for the Georgia division of the Farmers’ Union. Mr. J. H. Mills, of Jenkinsburg, is state secretary and treasurer. Mr. Mills states the Union is growing faster now than before in a num ber of years and that the revival of interest in the organization is country-wide. The prospects for the future growth and usefulness of the Union are very bright, Mr. Mills declares. The meeting passed a resolu tion endorsing the rural credits bill and a system of bonded ware houses. Letters will be address ed the Georgia congressmen ask ing their support of these meas ures. A number of important matters will be discussed at the February meeting. secretary and treasurer of the Georgia division of the Farmers’ Union, and if elected he could be depended upon to represent the people faithfully and worthily. Mr. Mills is an enthusiastic prohibitionist and would be in absolute accord with the admin istration on this vital question. Some definite statement from Mr. Mills is expected within the next few weeks. JACKSON, GEORGIA, JANUARY 14, 1916 FIRST NATIONAL HAS GOOD YEAR 8 Per Cent Dividend Was Dedared SAME OFFICERS ELECTED Past Twelve Months Was Prosperious Period For This Institution —Stock- holders Hear Report A year of substantial progress has been completed by the First National Bank of Jackson and when the stockholders met in annual session Tuesday a most flattering report was rendered for their consideration. In every way the past year was a good one, it was stated, and the bank enters the new year with a con fident hope of still greater ex pansion. The directors at their semi-an nual meeting held a few days ago declared an annual dividend of 8 per cent. The balance of the earnings were carried to the undi vided profits account. On a cap ital stock of $50,000 an 8 per cent dividend amounts to $4,000. The stockholders elected the same directors, who in turn, named all the old officers. The officers are: J. H. Carmichael, president; Geo. E. Mallet, vice president;C. T. Beauchamp, cash ier; W. Pitts Newton, assistant cashier. The directors consist of Mesers. J. Matt McMichael, W. M. Hammond, G. E. Mallet, J. H. McKibben. T. A. Nut, W. A. Newton, J. H. Carmichael. Established February 10, 1901. the First National is the oldest national bank in this section. It has a capital stock of $50,000 and a surplus of $21,000. Substantial improvements have recently been made to the bank building and the First National Bank of Jack son now has one of the most modern and convenient structures in the entire country. COL. MOORE MAY RUN I I Friends Urge Him For The Legislature It is reported in political cir cles that Hon. J. Threatt Moore, recently elected mayor of Jack son in a whirlwind campaign, will be a candidate for the legis lature from Butts county this year. Several of Mr. Moore’s friends have been urging him for some time to get in the race and the people generally regard Mr. Moore’s candidacy with favor. Col. Moore served in the low’er house in 1910-11 and is the au thor of several laws of state-wide interest. Among these is the law making water power com panies liable to trial for damages in tlie county in which the dam age occurred. While a member of the general assembly Mr. Moore held several important committee assignments. He is a well known member of the Jackson bar and has held many positions of trust and responsi bility. Col. Moore is an earnest an 1 S. J. SMITH FOR TREAS. Will Make Formal State ment Later Mr. S. J. Smith, known to Progress-Argus readers as “Plow Handles,” will be a candidate for Treasurer of Butts county in the 1916 primary. Mr. Smith is no stranger in political circles, hav ing held the office of treasurer for two terms a few years back. He filled the position satisfactorily and made many friends who will learn of his intentions with inter est. He is one of the county’s best known citizens and can be depended on to make himself felt on the hustings. The formal card of Mr. Smith will appear in a few days. INSTITUTE WAS VERY SUCCESSFUL Large Number Teachers Attended GOOD ADDRESSES HEARD Supervisor Land’s Visit to Butts County Was Event of Interest in Education al Circles With practically every white teacher in the county present, the Teachers Institute held in Jackson Saturday was a success in every detail. Splendid ad dresses were made bv Prof. F. E. Land, who was in charge of the institute, and Mr. Clanton, of Clanton & Webb, of Atlanta. Following these addresses an informal discussion of education al questions was engaged in. In this interchange of ideas many valuable hints were gathered by the teachers. Mr. Land, Superintendent Mal let and F’arm Agent Rice visited the Flovilla, Jenkinsburg, Stark, Cedar Rock and Oak Grove schools Thursday and Friday. At these schools addresses were made by Prof. Land and Mr. Rice, who also gave demonstrations in prun ing and the care of fruit trees. Prof. Land, whose home is in Macon, is well known as an edu cator and isagentleman of pleas ing personality. His visit to the county was an event of interest to the educational affairs of the community and the inspiration gained by the teachers will long be felt in the school room. tireless worker in the prohibition cause and in the general assem bly would be a tower of strength in the fight for a dry state and clean government. Mr. Moore has not made any definite statement about the mat ter, but it is known that he likes the political game, which he plays with finished skill, and it is the confident hope of his wide circle of friends that he will fill offices of state and national im portance before many years e apse. Jackson Argus Established 1873; tan Butts County Progress Established 1882 1 Consolidated July 9.198 JACKSON BANKING COMPANY ELECTS Declared Dividend of 6 Per Cent TWO NEW DIRECTORS Butts County’s Oldest Fi nancial Institution Com pletes Another \ear ol Gratifying Growth Two directors were elected by the shareholders of the Jackson Banking Company, the oldest bank in Butts county, at the an nual meeting held Tuesday af ternoon. Since the death of Mr. C. S. Maddox there had been a vacancy on the board and Mr. Joel B. Watkins resigned after a service of 28 years. To fill these vacancies Messrs. H. O. Ball and W. L. Etheridge were elected. The directors now consist of F. S. Etheridge, A. 11. Smith, E. L. Smith. W. P. Nutt, J. T. Good- , man, H. O, Ball, W. L. Etheridge. The old officers were re-elected. They are: F. S. Etheridge, pres ident; A. H. Smith, vice presi dent; J. W. Brown, cashier; L. H. Jordan, assistant cashier. The usual dividend of 6 per cent was declared. The past year was said to have been a satisfactory one and the outlook is bright for the bank’s continued growth and prosperity. Organized in 1888, the Jack son Banking Company is the old est bank in this section. During almost this entire time the insti tution has been under the same efficient management. The bank has served the community faith fully and well and has a combined capital and surplus of more than $75,000. This bank is now 28 years old and is a state deposi tory. COL. REDMAN SOLICITOR May Oppose Hon. E. M. Owen This Year The friends of Hon. Charles L. Redman are urging him to make the race for Solicitor Gen eral of the Flint circuit in the primary this year. Mr. Redman is experienced as a prosecuting attorney, having held the office of solicitor of the city court of Jackson a few years ago. He is one of the strongest members of the Jackson bar and enjoys a large and lucrative practice As an able, convincing advocate Col. Redman has few superiors in Georgia. Though Hon. E. M. Owen, of Zebulon, present solicitor, is con ceded to be one of the strongest prosecuting attorneys in Georgia, it is the opinion of Col. Redman’s friends that he would make it interesting for Col. Owen, and the chances of his election are most flattering. Mr. Redman has been considering the matter for some time and if he decides to make the race he will be heard from before the campaign has progressed very far. It would be a matter of pride to Col. Redman's friends and the Jackson bar in particular to him elevated to this impor tant and responsible office.