Newspaper Page Text
THE NEWNAN HERALD
NEWNAN HERALD > Consolidated with Coweta Advertiser September, 188(5. (.
w Established 186(5. I Consolidated with Newnan News January. 1915. 5
1. (
NEWNAN, GA., FRIDAY, JULY 7, 1916.
FARMERS’
Supply Store
BUY
At this store, which specializes in Flour,'
Feed and Grain.
BUY
Your Shoes here.' We sell the best-wearing and
most comfortable shoe made. “Star Brand” shoes
are always better.
BUY
Your Staple Dry Goods and Groceries, and all
Plantation Supplies here. Prices are down to bed
rock.
Everybody should raise their forage and hay. Now
is the time to sow sorghum seed and plant peas.
We have the Orange and Red Top Cane Seed;
Unknown and Speckled Peas.
Save time and labor by using the Hyde Cultivator.
WE SELL THEM.
Lastly
Come to see us. You are always welcome. Hitch
your teams in our wagon yard and store your bun
dles with us.
YOURS TO PLEASE
l G. FARMER &
’Phone 147. Corner Madison and Jefferson Streets.
For Choice Country Fruits
and Vegetables
You should always go to SWINT’S, where
you will find them in abundance, as well as all
kinds of canned goods.
Best of flour, patent to the highest patent, al
ways in stock. Breakfast foods always fresh
and at bottom prices.
Best line of cigars and tobacco to be found
in town.
Fresh Fish
Every Thursday, Friday and Saturday
J. T. SW1NT
Telephone No. 54
T. S. PARROTT
Insurance—All Branches
Representing
Fire association, of Philadelphia
Fidelity and Casualty Co., of New Yorh
American Surety Co., of New Yorh
Mutual Benefit Life Insurance Co.,
of Newark, N. J.
14 1-2 Greenuille st., Over 7. C. Glover Co.
BOUQUETS WHILE I’M LIVING
I’ve noticed when a fellow dice, no matter what
he's been —
A saintly chap, or whose life was darkly steeped
in sin —
His friends foraret the bitter words they spoke
but yesterday.
And now they find a multitude of pretty things
t0 8nv: . ... . .
I fancy when 1 go to rest some one will bring
to light , , , . -
Some kind word or good net long buried out of
surht:
But if it’s all the same to you. just give to me
instead
The bouquetH while I’m living nnd the knocking
when I’m dead.
Don’t save your kisses to imprint upon my mar
ble brow.
While countless maledictions are hurled upon
me now;
Say just one kindly word to me while l mourn
here alone,
And don't save all your eulogy to cnrvo upon my
stone!
What do I care if when I'm dend the Blooming
dale Gazette
Gives me a write-up, with a cut in mourning
border set:
It will not Hatter me a bit, no matter what is
said.
Because flubdub like this won’t tickle mo when I
am good and dead.
It may be nice to have these things for those you
leave behind,
But just as far as I’m concerned 1 really do
not mind—
I’m quite alive and well to-day. and while I linger
here
Lend me a helping hand at times, give me a word
of cheer;
Just change the game n little bit, just swap the
decks,
For I will be no judge of flowers when I’ve cashed
in my checks.
How the New Federal Farm Loan
System Works.
FEDERAL FARM LOAN BOARD.
The President of the United States
shall appoint four members, (not more
than two from any one political party,)
who, with the Secretary of the Treasury
ex officio, shall constitute the Federal
farm loan board in charge of that bureau
in the Treasury Department. These
four men must give their exclusive ser
vices to this work. They must not be
in any way allied with any bond, lending
or mortgage business.
This board shall divide the country
into 12 Federal land bank districts. In
each district the board shall establish
a Federal land bank with $750,000 paid
up cash capital. Each land bank shall
be managed temporarily by five direc
tors appointed by the Federal farm loan
board.
Each Federal land bank shall charter
national farm loan associations within
the district of said bank, which district
shall consist of one or more States.
The $5 shares in the Federal land bank
may be held by the national farm loan
associations included in its membership,
by the United StateB, by States, indi
viduals or corporations.
Only those shares may vote which
are held by national farm loan associa
tions and by the Government. Thus it
will he seen that borrowers will be in
control.
FARMERS’ BORROWING CLUBS.
Ten or more persons who are farm
owners, or who declare their intention
shortly to become such, may form
national farm loan association. Only
such borrowing members may join it.
The shares are $5 each, but no member
may vote more than 20 shares. Thus
it is co-qperative and the control is
vested in the borrowers.
STRICTLY LIMITED LIABILITY.
There is no joint and several liability.
As a member, you are liable for the
debts of the association only to the
amount of your shares and as much
more.
For instance, suppose you hold shares
amounting to $50. If the association
got into financial difficulties, you might
lose some part or all the $50 you paid
in for your Bhares. If all the land of
the members were washed away or
blew up, and all the members failed to
meet their payments—which is all quite
unthinkable—you might be called upon
for as much as $50 more. But you
could not be assessed one penny in ex
cess of $100, or double the amount you
originally put in for shares. This is the
same double liability that inheres to
shares of national banks under the na
tional banking Act.
It should be almost impossible, under
the strict supervision which the new
system provides, for any national farm
loan association to got so deeply in
volved as to cost the shareholders any
part of the money they paid in for
shares. Other than as above explained,
there is no liability upon the part of
the member in any way, shape, form or
manner. He does not indorse the notes
or mortgages of other members. He
is not responsible for their debts to the
association, except to twice the amount
of the shares he owns himself.
The 10 farmers who want a charter
must apply for not less than $20,000 in
loans.
Each would-be member applies to his
own national farm loan association for
a loan to an amount not exceeding 50
per cent, of the fair value of his farm.
Suppose your farm is worth $4,000.
You would apply for a loan of $2,000.
Your application must be accom
panied by your subscription for shares
in your national farm loan association
to the amount of 5 per cent, of the loan
you apply for. That means that your
subscription will be for 20 shares at $5
each, or $100 in ail, if you apply for a
Io n of $2,000.
You have the privilege of paying for
the shares out of the $2,000 you bor
row. In that case you would draw
$1,900 in cash and shares having a par
value of $100. Or you could pay for
the shares in full and get the$2,000 com
plete.
The shares draw interest. When you
have paid oil' your loan, the association
buys hack your shares, paying you
the full amount you paid for them
originally.
No loan for less than $100 nor more
than $10,000.
The Federal land hank for the Federal
land district in which you are located
will comply with your request for a
charter for your own national farm
loan association right in your own vi
cinity, provided the hank is satisfied
that the 10 or more applicants are in
dividuals who can be trusted to carry
out the system successfully, under the
direction of the hank and under the
supervision of the Federal furm loan
board.
HOW TO BORROW
When you get your charter your as
sociation indorses your note and mort
gage and sends same up to the land
bank. If it finds the papers, security,
etc, all right, it grunts the loan for the
full amount, remits that amount to the
secretary-treasurer of your association,
who puys it over to you, the borrower.
There is no charge for commission, no
rakeofT, no bonus, n o expense o r
charge of any kind for the loan. Of
course, you, the borrower, must, fur
nish a good title at your own expense
for search.
Your note may run for not to exceed
five years, if you want a loan for such
a short time, but most people will take
advantage of the provision of the law,
which says that your note may run for
not less than five years nor longer than
40, at your option.
EASY PAYMENTS.
You agree in this note to pay the in
terest semi-annually, to pay a small
sum toward the expenses and profits of
the system, and to pay at least a very
small amount—say one-half of 1 per
cent.—upon the principal each six
months or year.
Thus with every payment you are
whittling down the principal of your
debt. If the system makes profits,
you get your pro rata part thereof in
dividends on your shares, which, if ap
plied upon your debt, still further re
duces it.
in At-
Your note cannot be collected unless
you fail to meet these small periodic
payments. They are so small that,
with any kind of management, you cer
tainly will be able to meet them. Thus
there is no danger of foreclosure, be
cause you have 40 years in which to
pay the debt. But you can pay it off
as much faster as you like.
WHERE THE LAND BANK GETS ITS MONEY
TO LEND.
Of course, its $750,000 paid-up cash
capital would not go very far in meet
ing farmers’ needs for loans in any dis
trict, so the bank is authorized to issue
its bonds against the security of the
farmers' notes and mortgages it holds
indorsed by member associations.
All the farm land banks are jointly
and severally responsible for all their
bonds. As borrowers are constantly
reducing their debts, the equity is in
creasing.
Thus the bonds are an absolutely Bafe
investment in denominations of $25, $50,
$100, $500 and $1,000.
FREE OK TAX.
As the borrower’s land pays the
taxes and cannot escape taxation, the
borrower’s note and mortgage, also the
capital and surplus of the member as
sociations and of the Federal land banks
and their bonds, are exempt from any
and all taxation whatsoever. This helps
to keep down the rate of interest to
borrowers, because investors have no
taxes to pay on such bonds or shares.
The bonds being in small denomina
tions, it will be possible for everyone,
even children, to save up money enough
to own at least one Federal farm land
bond.
The sale of these bonds by the land
bank will give it additional funds to
tend.
Liquor Shipments Galore
lanta.
Atlanta, Ga., June 30.—Liquor ship-
I ments are coming into Atlanta so rapidly
I under the new Georgia prohibition laws
| that the Ordinary of Fulton county has
! asked for additional men to handle the
I affidavits filed in his office, while the
Southern Express Co. claims it costs
more to handle the shipments than they
are worth.
The majority of local mail order cus
tomers of wholesale whiskey houses are
negroes, and their big day for receiving
shipments is on Saturday. The ex
press company lines them up according
to their proper classification in the al
phabet, and handles them by the hun
dred.
It was the bane of liquor among ne
gro furm hands that brought on the
economic pressure which resulted in the
enactment of Georgia’s druBtic pro
hibition laws, hut the Atlanta liquor
line on Saturday is striking evidence
that negroes of the rural districts are
not the only ones who love their dram
The Georiga laws require the carrier
of a shipment of whiskey to identify
the consignee before delivery. For the
purposes of expediency, a money order
receipt is accepted as sufficient proof of
the consignee’s identity.
For Summer Troubles.
Hay fever afflicts thousands and asth
ma sufferers endure torture. Foley's
Money and Tar gives relief. It allays
inflammation, clears air passages, eases
rasping cough, soothes and heals. This
wholesome family remedy contains no
opiates—a bottle lasts a long time. J.
F. Lee Drug Co.
When 0-year-old Tommy had returned
to his home in Walbrook after a visit
to the circus, with all its dazzling won
ders, and had met for the first time all
the fierce animals which had hitherto
been confined between the pages of his
animal ABC book, he waB tired, as
only a youngster of 6 can be. Un
dressed and droopy-headed. Tommy was
ready to be tumbled into bed when his
mother said:
"You haven’t said your prayers,
Tommy.”
“Can’t, muvver,” said Tommy.
"But you must," she insisted.
"All right,” he answered, wearily,
and (went through his simple prayer,
ending with this:
"And bless the circus, and the clowns,
and the animals—bless ’em, Lord, hut
don’t let ’em get away."
An indignant merchant who had been
robbed of a thermometer put this no
tice in his window: "The person who
took the thermometer from my door
had better return it. It will be of no
use where he is going, as it registers
only 125 degrees.”
Of the 3,000 or more islands compris
ing the Philippines only about 400 are
inhabited.
NEWNAN NEWS.
This
Case Has a Hint for Many
Herald Readers.
A Newnan woman has used Doan’s
Kidney Pills.
She has found them as represented
She wisheB her neighbors to know.
No need to look further for a tested
kidney remedy.
The proof of merit is here and cun
be investigated.
Profit by Mrs. Sewell’s statement.
Mrs. W. H. Sewell, Spence Ave
Newnan, says: “I suffered so from my
hack that I could not get up when
was down. I wbb always in misery
and wus so sore and lame that I could
not do any work. I got up in the morn
ing feeling more tired than the night
before. Headaches nearly drove me
mad and the kidney secretions caused
me much annoyance. I used Doan
Kidney Pills, procured from J. F. Lee
Drug Co., and they relieved the pains
in my back and put rny kidneys in good
order. When I have any signs of kid
ney trouble now, f always use Doan's
Kidney Pills, and they relieve me."
Price 50c., at all dealers. Don’t
simply ask for a kidney remedy—get
Doan’s Kidney Pills—the same that
Mrs. Sewell had. Foster-Milburn Co.,
Props., Buffalo, N. Y.
Vol. 51 —No 41.
Crowds Grow Greater
as the Values Become
Better Known
rug to. s
Going Out of Business
Sale Continues With
out Abatement.
81.00
Wine of Cardui
79c
81.00
Ivodol Dyspepsia Remedyl
89c
81.00
Hood’s Sarsaparilla
89c
81.00
B. B. B.
89c
81.00
Mother's Friend
89c
50c
King’s New Discovery
39c
25c
Foley’s Honey and Tar
19c
81.00
Foley’s Kidney Remedy
89c
50c
Foley’s Kidney Pills
39c
81.00
Swamp Root
87c
25c
Black Draught
18c
25c
Simmons’ Liver Medicine
19c
35c
Fletcher’s Castoria
29c
25c
|?Iitchcock’s Liver Powder
19c
50c
Sloan’s Liniment
39c
25c
Sloan’s Liniment
19c
50c
Porter’s Healing Oil
39c
25c
Porter’s Healing Oil
19c
81.00
Nuxcara