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THE MACON DAILY TELEGRAPH: TUESDAY MORNING, .DECEMBER 1, 1008
GREAT REDUCTION SALE
Attend the Great
25% REDUCTION SALE
OF
OVERCOATS
STAR CLOTHING CO.
“ GAGER’S WHITE LIME”
Is a little higher in price than other Limes, but it is
PURE LIME, and by far the best and most economical
for Brick Work and Plastering.
Cheap Lime is dear at any price!
Write ns for Delivered Prices.
Carolina Portland Cement Co.
Southern Distributors.
Charleston, S. 0.
Wadley Investment Co.
Real Estate Insurance Loans
List Your Property and Wants With Us
We Move Tenants Free
Grand Building.Telephone 627.
As Manufacturers of
ENGINES and BOILERS
wo desire to call particular atten tlon to tho High Grade Engines wo aro
turning out and to say that wo guarantee without hesitation that thero
Is no better engine of Its claw put on the market today In the United
8tatea. The perfectly balanced valve makes it of high value, and the
workmanship being first class, and a substantially put up engine,
adapts It particularly to work requiring hard service. Wo aro fur
nishing them to almost ah kind* of power planta and particularly Is
‘ * In saw mill, planing mill, c"~ "' “* *
It being used largely In »«w wm. pwikub mm, uu nun, oouun mm, aim
ginning plants. We are prepared to demonstrate to prospective customers
who can give us a call that It has no equal. Write for full Information
and do ao today.
ADDRESS
Schofield’s Iron Works
Macon, Georgia.
oil mill, cotton mill, and
Imitators Flatter..
If you want the real genuine and only
drink that stands the test, drink Bottled
At All Good Dealers 5c
D. F. & C. P. LONG
Wholesale Wines and Whiskies, Imported and Domestic
JACKSONVILLE, FLA.
IMPORTED BRANDIES, GINS AND RUMS
In Original Imported Bottling.
ft.imtajr-a Thrw Star Otnoe ^j/Vj
A. ft P. Leroy Three Star Cognac $1.50
Key Brand Jamaica Rum |m«
HIM ft Underwood Dry Qln Mi
Gordon Dry Oln Ml
German AUasch Kummel. Ml
IMPORTED WINES
In Original Importod Bottling
Cun I Iff*. Dobson ft Co Chateau Montot Claret ,,,.$1.06
Krott Lanbenhelmet Rhine i.ea
Ntepoort ft Co. London Dock Port l.Xi
Don Carlo* Sherry Mi
Nicholas Oomss Malaga Ms
Nicholas (kunet Mascatel Mi
Krohna Campaaario Madeira.... MS
IMPORTED PORT AND SHERRY WINES IN BULK
T Bottled By Ua
+ IVr Qt r.rO.1
v Gomes 011 Fk/ntly Sherry ftvrs 12 se
T Louie Kc .ter ft Co Anchor Port IN
T. Wnte ua tor apeclal price# on above goods in cas« lata.
T
EQUITABLE BANKING & LOAN GO.
SUSPENDED BUSINESS YESTERDAY
Temporary Receiver Appointed by
Judge Felton—An Aseured Deficit
of Nearly Fifty Thousand In Com
pany's Fineness.
Upon formal application made by
the board of dlrectora, Lhe Equitable
Banking and Loan Company of this
city, was yesterday morning placed
in the hands of a temporary receiver,
by virtue of an order signed by Judge
Felton, of the superior court.
An official statement shows that
there exist# an aasured deficit of near
ly 150.000 in the company's finances,
the seine being attributed to lossea
incurred In business operations within
the last two years.
Mr. R. L. Anderson was named tem
porary receiver, and Immediately fol
lowing his appointment the offices of
the . association were closed, and all
of the company's books, finances and
affairs were taken in charge by him,
Mr. Anderson was required to give
a bond of 35.000.
The Insolvent concern was organ!*-
ed and chartered on May S3, 1833, un
der the name of the Equitable Build
ing and Loan Association, but in 1901
the name was changed to that of the
Equitable Banking and Loan Com
pany. "And In addition to the build
Ing and loan bualnesa originally dene
by said company said company has
since that date loaned money to per
sons not members thereof nor share
holders therein." Is the statement made
In the directors' petition for a re
celver.
Statement by Directors.
The following statements are also
made, being subscribed to by Messrs.
George A. Smith, president; Winshlp
Cabaniss, vice president, and J.
Sanders, nil of whom are directors:
"Petitioners show that for tha past
few years cald company has operated
under very unfavorable business con
ditions, and during the last two years
particularly has sustained very heavy
losses, and petitioners, as directors of
said company, upon carefully going
over its aaseta have discovered that
the assets are no longer sufficient to
meet and discharge the company’s lia
bilities, and tha company is Insol
vent.
"Petitioners show that upon learn
ing the extent of the losses, your pe
titioners discovered that it would be
no longer possible to contlnuo busi
ness of said company as a going con
cern, and that such a state of insol
vency existed that It would not be
Just to the creditors or to the stock
holders of the company to receive de
posits. Incur new liabilities, or pay
out Its assets, except ratably and Just
ly to all creditors, according to their
rights, as the samo now exist, and
that for such purpose It will be neces
sary to Immediately suspend busi
ness and go into liquidation.
“The assets of the company consist
chiefly of long-time loans on real es
tate, payable In monthly Instalments.
"Tho Item 'suspense account' rep
resents losses Incurred by said com
pany, the greater bulk of which have
been Incurred during the last two
years." The suspense account Is
placed at $42,483.01.
Continuing the petition says:
"The remaining assets are deemed
to be good assets save and except that
the Item "equipment account" will
largely depreciate In value on account
of the enforced liquidation of the com
pany. and the item 'unpaid Instal
ments for stock* will be in part con
sumed by the counter claim or liabil
ity of Instalment stock, and save and
except that the loans Include a large
element of unearned Interest, which
would probably have to be eliminated
In fixing the present value of the as
sets of the company.**
The Defendants.
This application for the appointment
of a receiver is not signed by two of
the directors, to wit. Messrs, w. J.
Grace and A.. Block.
.The Home 8avings Bank, ai/trustee
for the bondholders, the bondholders.
a*d the stockholders are made defond-
anta In the dlrectora' appeal fbr liqui
dation. The bondholders • are the
American National Bank. J. W. Mill-
Irons, Henry-J. Lamar and JL A. Hart.
The stockholder# are as follows:
Miss JaAe Goodall. D. ©. Frederick
of Macon county, D. B. Frederick as
trustee, M. Craven, Mrs. M. E. Phil
lips, 8. I* Taylor, Rev. F. Baxin of
Augusta, Mrs. Ida F. Johnson, James
C. Sanders, Mrs. Martha Williams Lo
gan, B. H. and A. P. Wright of Thom
as county, F. Disroon, A. Block. W. J.
Grace. Mrs. Mary O'Connell Groves,
Anna A. Moore.
Henry J. Lamar and R. A- Hart ar*
named as the largest depositors.
J. W. MUJirons la the holder of the
larrest number of certificates of de
posit.
By having In Its custody security deeds
and mortgages to the amount of 833,560
the Home Savings Bank, as trustee for
the bondholders, is insured against any
loss whatever.
The general Indebtedness and liabilities
of the Equitable Banking ft Loan Com-
pany^are, as stated by the directors, as
«... Indebtedness.
Bills payable $ 4.0fl
Bonds 18,10
Certificates of deposit
Pass book accounts 51,CIS.72
Liabilities to the
Stockholders.
Instalment stock .
First dlvldeod st
Paid up stock
Preferred stock
TOtal - |10S.«78.1B
The directors state: "The aggregate of
the liabilities is considerably In excess of
tbs existing assets of the company on
account of the large Items of loss."
Assets.
The statement of assets follows: . _
Real estate loans 2 3.100.00
Bills receivable 53,240.47
Stock loans 554.00
Cash on hand 305.98
American National Bank 161.47
Commercial National Bank 4.93
Exchange Bank 1,529.87
Unpaid instalments 1,030.00
Sundry accounts 56.54
Lot on Pleasant Hill 60.00
Furniture and fixtures 400.00
Equipment account 4.461.91
Suspense abcount 42,483.01
The Equitable Banking ft Loan Com*
pany le known throughout the country ““
In China and other Asiatic coun>
ries.
While the banking business done by
he institution was not very large, as
hown by the pass book accounts of $51.-
000, there were hundreds of depositors,
especially among women and younger
people. The company^was generally be
lieved to be In souna Condition, and It
was not until Saturday night. It Is stated,
that the dlrectora ascertained the true
condition of the finances. Early yester
day morning • the application for receiv
ership proceedings was presented to
Judge Felton, and the offices of the
company wore thereby Closed at about
the time of tho regular opening hour.
The fact that the association had aua-
pended business did not become gener
ally known until late, in the afternoon,
‘he written notice on the door attract-
ng only little attention.
Judgo Felton has aet Dec. 12 as the
day for the hearing of the dlrectora' ap
plication. and ttJls believed that at that
time a permanent receiver will be ap«
pointed.
Asthma Suffarers Should Know This:
Foley’s Honey and Tar has cured
many cases of asthnvv that were con
sidered hopeless. Mrs. Adolph Buss
ing. 701 West Third street. Davenport,
Iowa, writes: A severe cold contract
ed twelve years ago was neglected
until It finally grew into asthma. The
best medical skill available could not
f ive mo more than temporary relief.
Olsy's Honey and Tar was recom
mended and one flfty-cent bottle en
tirely cured me of asthma which had
been growing on me for twelve years.
If.I had token It-at the start I would
have been saved years of suffering."
II. J. Lamar ft Co., near Fourth Na
tional Bank.
AN INFANT GLASS OF BURGLARS
MAKE OPEN CONFESSION DF JOBS
THE OLDEST POLICE 0FFICER8
NEVER HEARD SUCH A STORY
OF CRIME BEFORE—BURGLA
RIES, LARCENIES AND HIGH
WAY ROBBERY GALORE.
Never within the‘memory of the old-
est policeman In Macon has such a
story of crime, ranging from the theft
of a box of matches from a feeble old
negro woman to the snatching of
purses from the arms of ladles walk
ing along the streets, been told In the
recorder's court, or any other court,
for that matter.
Standing before the bar In the re
corder's court yesterday morning were
three negro boys, ranging In age from
12 to 17 years of age. all In knee
pants. These were William Pritchard,
who lives at 423 Monroe street; John
Rockmore. alia# S. T. Darby, who Uvea
at 505 Monroe street, and LAurin
Smith, who live* In Crafte alley.
They had been arrested by Detec
tives Jones, Smith and Harrison, and
wero charged with larceny, burglary
and highway robbery, complete cases
were made, three of burglary, one of
larceny and two of highway robbery.
Each accused the other of the va
rious crime*, and each went into such
detail that It was easy enough to con
nect at least two of them and In some
cases the entire' trio. They told of
«t how they entered the houses and
stole the things and how* they de
posed of them. They went Into a ne
gro'* house by breaking In a rear win*
dow and stealing a savings bank con
taining $45 and how they threw the
empty bank Into the branch on Jeffer
son street. They told of how they
wqnt Into another house and atote all
the clothing. They told of how they
went Into tha house of an old woman
and. finding nothing stealable therein,
took the old woman's box of matches
and a key. They told of how they
stol# a bicycle from a negro boy and
sold It for two dollars.
Denied the Purse-Snatching.
Then when It came to the purse-
snatching there was but one accused.
William Pritchard, and while he had
been liberal In his confession ns to
burglaries and larcenies and other
thefta, he balked on the purse-snatch
ing and denied that he had ever
snatched a purse, notwithstanding the
fact that there were two ladies In
court who Identified him as the boy
who had taken their purses, and one
of the purees containing a dime with
a hole In It ard a piece of string, and
that this x^as found in the pocket of
hie partner In all the other affairs.
Their plan -of operation, ao far as to
the entering Of a house was concerned,
was explained by them. They went In
pairs, and one would watch on the
outside while the other would knock
at the front door. If the door was
opened, or there was any response
from the Inside they would have made
a casual tnouiry as to some person
and gone away. Then the rear door
was tried In the same way, and If no
response they knew there was no one
at home, and their Job was to get In.
and they did not hesitate as to what
means they employed for the purpose.
While they have been operating with
considerable success, never, .being
caught, and seldom meeting with fail
ure. tbelr life was not without Its
thorns. Frequently they quarreled
over the proceeds of the burglaries, in
the case of the stealing of the savings
bank. Pritchard represented to Darby
that he got only $27.50. wh.ch waa dl-
FOR
RHEUMATISM
RheumaUsfa is causrJ by an cxwss of uric add in the blood, which
gradually ta into the circulation hecatwe of indigestion, constipation, weak
kidney action, and other irregularities of the system which are sometimes
considered of no importance. This uric acid causes an inflamed and irritated
condition of the blood, end the circulation instead of nourishing the different
I»rtions of the body, continually deposits into the nerves, muscles, tissues
urn! joints, the irritating, pam-producing acid with which it is filled. Rheu-
I ! n "L ,f, " c “°° 1 V 1 t ; e,!red ®yn thorough cleansing of the blood, and this is
i n . 5t *>• .S- » does. It goes Aiwa rate the circulation, and by neutral-
! i.-ing the unc tad and dnvmg it froq the blood, effectually and surely
| removes the cam*, a & & strengthen and invigorates the blood so that
I, ,lc T“ f 1 "** •opt * tre " n .- casting pain sa l agony thoughout the ays-
tem. it become* an invigorating, nourishing fluid, famishing health and
| vigor to tvery part of the body nnd relieving the suffering caused by this
...iseoae. b. S. S. being a purely vegetable blood purifier, is the surest and
safest cure for Rheumatism iu any of its forms. Bock on Rheumatism and
lay medical advice desired sent frooto all who write.
THE SWIFT SPECIFIC CO.. JMtARFA. GA
BS AD this offer
We Guarantee Parisian Saga to Cura
Dandruff, Step Falling Hair or Itch
ing of the Scalp, in Two Week*, or
Money Back^—Giroux Mfq. Co., Sole
American Makers of Parisian Sage.
The above Is an offrr we are most
proud to make. It Is an offer that no
man or woman need be aahamed to ac
cept. Parisian Sage la the quickest
acting and most rejuvenating hair re-
r in ?h- world.
Ita magical qualities have made It
famous wherever it haa been intro
duced.
It la the only hair restorer sold with
an absolute guarantee to cure dandruff,
stop falling hair or itching of the scalp.
It curea dandruff by killing the
germs, and It kills them so promptly
that the most skeptical give It their
warmest praise.
(But Parisian Sage Is more than a
cure for dandruff—*t will make hair
grow on any he*ad where the hair bulb
Is not altogether dead.
And we want every reader of The
Telegrgpb to know that Parisian Fag*?
Is the most delightful hair dressing In
the world. It Is so pleasant to use.
and Its effect Is so Invigorating and
refreshing, that It pleases everybody.
And to the ladles
■we wish to empha
size the fact that
Parisian Bagel* the
only hair
tonic In
» I 1 J the world
I ,1 guaran-
Uf teed to
- ¥ make the
hair grow
luxuriant
i/7/ soft anc
beautiful
The girl with the Ahburn hair Is on
the outside package of every bottle of
Parisian Sage. King & Ollphant sell
It for 50 cents a large bottle, or you
can get It direct, all express charges
prepaid, from Giroux Mfg. Co., Buffalo,
N. Y.
vfded, and It was not until the man
who was robbed told that the bank
contained $45 did Darby know that
Pritchard had swlndled»h!m out of the
right half of the contents of the bank,
and even then, with the Jail doors
opening before them, Darby showed
his anger at Pritchard. Ha was then
eager to tell all he knew on Pritchard.
Provided With Keys,
These boys had key# to fit all locks,
from the nlght-latch to the ordinary’
house lock. It warf.pnly when thfc keys
failed to fit the locks of the marked
houses did they break in through win
dows. , „
It was a noticeable fact that they
stole only from negroes, the purse-
snatching being done only by Pritch
ard. and this he denies doing.
The recorder committed them to the
superior court on three of the charges
of burglary and one of larceny, whine
Pritchard went up for highway rob
bery.
The detectives stated In court that
these were only a few of the robberies
committed by these boyp; that since
their arrest numbers of negroes, some
of them on Pleasant Hill, had reported
how their houses had been robbed and
that these boys had been seen in the
neighborhood, but they looked like
such good boys that they were not
suspected.
The detectives eay that the burgla
ries may cease now for a short while,
but only for a short while, as there
are other boys now growing up wh
will take their place. At any ra*e, the
revelations of yesterday morning wire
remarkable.
CHARGED WITH THEFT
OF
SEEMED AS THOUGH THE BOR-
DER DAYS OF OLD WERE HERE
Again—both given peniten-
TIARY SENTENCES.
It seemed as though Father Time
had turned back a few pages of his
book of life, and the border days «f
old were once more a atehi reality,
when two horse thieves were tried
In the superior court yesterday morn
ing. Court officials state that such
cases are by no means rare nowadays,
but It la very seldom that one day
furnishes for any court two trials for
the theft of horse flesh.
John Amos, a negro, pleaded guilty
to the charge of stealing a horse, one
that he slipped from the yard of Mr.
F. A. Moore, in Vinevllle, and drove
into the country. There were no ex
tenuating circumstances, simply a
plain case of horse stealing, and ac
cordingly the Judgd Imposed a heavy
sentence. He was given seven years
In the state penitentiary, at hard la
bor.
The other caae was .different In
many respects. The defendant, W. H.
Simpkins, a young white man, was
charged with stealing,- atole a bay
mare from air. H. G. Kimbrew. ar.d
took It out of town. It was proven,
however, that he frequently suffered
with epileptic fits and waa practically
an Invalid. The judge stated that
while this did not excuse tJc offense,
he would Impose only a ' light sen
tence, giving Simpkins a year In th6
penitentiary. A physician from Mont
gomery. Ala., testified as to the de
fendant's physical condition, while the
young man's father made an earnest
plea for demtney.
Medicine That le Medicine.
"I have suffered a good deal with
malaria and stomach complaints, but
I have now found a remedy that keeps
me well, and that remedy Is Electric
Bitters; a medicine that Is medicine
for atomach and liver troubles, and
for run down conditions," says W.
C. Kleatler. of Halllday, Ark. Elec
tric »Bitters purify and wnrlch the
blood, tone up tho nerves, and Impart
vigor and energy to the weak. • Your
SHIPPING NEWS
SAVANNAH. Ga.. Nov. 80.—Arrived
steamers Georgia, Martlnollch. (AusJ
Norfolk; Harlyn. Thorburn, Fernan-
dlna; schooner Pendleton Brothers,
Hayes, Caibarlen: steamer Merrimac.
Pratt. Philadelphia.
Sailed steamers Parthian. Berrr.
Philadelphia; City of Memphis. Drey-
er. Boston; schooner Qhaaklll, Staples,
Belfast.
Arrived schooner Charles K. Valen
tine, Walker, Charleston.
CHARLESTON. S. Cs Nov. $0.—Ar
rived steamers Apache. Staples. Jack
sonville and proceeded for New York;
Mohawk. Kemble. New York, and pro-
seeded for Jacksonville; Theodore
Weems, Hall. Baltimore, via George
town.
Sailed schooner D. Howard Spear,
Wilson, New Yrk.
Jacksonville! Via.. Nov. 10.—
Arrived steamer Comanche. Watson.
Nev^ York: power yachts Rowena. A3
bany: Alameda. Savannah; schooner
Herbert Fuller, Nashville. Brunswick.
Salted steamer Huron. Staples. New
York: atchnoners Hattie CJ. Luce, Coop
er. Portland; Ljdla M. Deerlr.g, 0*m-
age, Boetoo.
Clothes Enter
Into Most
Business Deals
There are probably a dozen occasions in a year when
a real business advantage is either won or lost, because
of the clothes you wear.
On.any one of these occasions the money at stake
wonld he more than the cost of the best snit you ever
owned.
You’d better get right with your appearance. It’s
greatly worth while.
FOR WEDDING AND ANNIVERSARY GIFTS,
FOR DECORATING THE HOME,
FOR SOMETHING OF PERMANENT VALUE,
Sterling Silver, Rich Cut Glass and Fine China Have
Always Been and Always Will be the Recognized
Standard. *
THE PLACE TO GET IT IS
L. 0. STEVENS JEWELRY STORE
366 Second Street. •
IN SELECTING
YOUR BANK
give careful attention to the stability of the bank and Its willingness to
co-operate with patrons In the development of their business.
Our customers value and "bank on" our willingness and ability to aaslst
them In every way consistent with safe, sound banking. Whether their
account be large or small we appreciate their patronage.
This makes for a mutually satisfactory and profitable arrangement and
for the future well-being of both'bank and patron.
We shall be pleased to have you open an account with us.
Commercial National Bank
E. Y. MALLARY. President.
W. P. WHEELER. Asst to Pres.
CECIL MORGAN,'Vice Pres.
J. J. COBB. Vice Pres.
E. N. LEWIS, Cashier.
The Empire Electric Co.
Successors to S‘ngletoa»Mountford' Electrfo Co. Now under management of
WILLIAM J. MOUNTFORD, JR.
Efficiency, Competency, Promptness
Everything Electrical by Electrical Experts
Office 614 Mulberry St. (Pythian Castle). Phone 117. Residence Phone 134
“A Stitch
in Time
eaves nine," says the proverb, which
being adapted Ho our business means
buy your buggy now tor both present
and future needs. Our present offer
ing of runabouts Is so much under
price that it Is very doubtful If you
can duplicate It. Be wise therefore
and buy now. You have much to gain
and nothing to lose by accepting our
suggestion.
218-220 Third Street.
Phone 2545.
DON'T LfcT THE
BOY PAINT
up everything around the house with
any of our paint left over from the
Job. For our paint Is as hard to get
off as It Is easy to put on. That Is
a virtue you will appreciate when you
find how seldom you have to renew
tha coat you put on now. It ataya
brighter longer thiin any other paint
we kn°vr* ' ...
WILLINGHAM SASH & DOOR CO.,
467 Third St., Macon, Ga.
Willingham W arehouse
COTTON FACTORS
BHIP US YOUR COTTON AND
GET THE BE8T RETURNS
MACON,
GEORGIA