Newspaper Page Text
Georgian’s Boys and Girls
Something new every week day for
boys and girls to do. Entertaining and
useful.
State Pig Club Agent
Goes to New England
MACON, Feb. 11, —Professor .lamm‘:
® Downing, who has been sorving§
@8 State Pig Club agent for six years,
will go to New Bngland. He and
Dr. A M. Soule, president of the
State College of Agriculture, are said
: NNE e 7
WY e T e
Three Days Only &= ==
Men’s 35c¢ =7
um'z;a,
Here are the famous Brighton :
garters that every man in the ‘ :
: United States knows to be worth
and selling at 35c¢; our special
. e
But you must get here Thursday, Friday or Saturday
After Saturday they will go back to regular price as we have reduced
them for these three days only in eonjunction with our mid-week spe
cials—which everybody in Atlanta knows by this time.
Brand new garters without a blemish, made of new live rubber webbing
and guaranteed to give the same wear as those you pay full price for. The famom
Brighton make-—and the name is stamped on every pair
Mail orders filled when accompanied by money order,
The Globe pays parcel post charges y
|
89 WHITEHALL ST. ATLANTA. : ;
God bless they) |
churches and =)
blessed be God, -
Who,in this our (WA
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greattrial giveth i v s,
us the churches ASSSEA S V 4
L 3 Rt Ve APy 0\
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What was the secret of Lincoln's power?
He revealed it once in a letter to a personal
friend:
“I hold myself as an instrument of Prov
idence. 1 have my own views and purposes, |
have my convictions of duty and
my notions of what is right.
“But 1 am conscious at every
moment that all that | am, all that
| have is subject to the control
of a Higher Power.”
“An instrument of Providence''—
a steward of Almighty God-—in that
conviction lay his mastery.
To promote a wider consideration
of the claims of Christian steward
ship, both inside the churches and
out, the Protestant denominations of
America have set aside February, the month of
Lincoln and Washington, as Christian Steward-
M INTERCHURCH World Movement
of North America
.. 45 WEST 18th STREET NEW YORK CITY L
to have been at loggerheads for sev
eral years and Prbteas-or Downing
‘has severed relations with the State
‘College and is now in Washington for
\’n conference with the United States
department of agriculture, bureau of
I[animai husbandry. His beadquar
ters will be at Amherst, Mass.
Steward of Almighty. God
Eor full information and helps for Pastors, Sunday School Super
intendents and Women's and Young People's Societies write the
Stewardship Department
43 S~
i T - -1 7\ 4tretee Aamimi
\u;l).\z-_s:),\x-«A IfA NAR T ¢ |AN—FEB.H,|92O
| . .
Dr. Richard Orme Flinn, }
3. T 4
‘Fluw Vietim, Is Betler
Dr. Richard Orme Flinn, pastor es
the North Avenue Presbyterian
(‘hurch, who has been ill with influ
enza for the last several days wu]
reported late Tuesday afternoon to
‘be improving. His physicians stutel
‘he will most probably be able to be
cut again within a few days. ]
ship Month, climaxing on Sunday, Feb. 22, as na
tionwide Stewardship Acknowledgement Sun
day. :
These are fundamentals of Stewardship:
1. The recognition that life and all its pos
sessions, are a trust from Almighty God. !
{
Interchurch Ualendar
February
Christian Stewardship Educas
tional Period;
February 23, Stewsardship Ace
knowledgment Sunday;
February 29, Life Service En
listment Sunday
Muarch
Pre-Easter period for tHe
deepening of the Spiritual Life,
Evangelism and the Enlistment
of Life Recruits,
April
April 4, Easter Sunday, Joine
the-Church Day.
»
Will you dedicate some definite proportion of
yvour income to His cause? '
|
I
| There is no cause for alarm in the
!ngl(auon recently started relativé to
~discontinuing the Old Soldiers’ Home
‘and using the grounds and buildinge
for the deaf and dumb school now
at Cave Spring, according to Scmuo‘i‘
.. Oliver, president of the Georgia
Senate, in Atlanta Wednesday. “
The question of the ehange was
started at a recent meeting of the
board of trustees of the school. Tiae
announcement that such a move
would be made when the Legisla
ture meets in June brought forth a
storm of protests from the old sol- |
diers, members of the United Daugh
ters of the Confederacy and indi
viduoals. ,
Mr. Olive cited the eontract under
which the State accepted the home:
and which says the State will operate
the home for the benefit of Confed
erate soldiers as long as there is such
a need. At the time the home was
established there were forty inmatea.'
There are ninety old soldiers in the’
home now. The Legislature would
have to adopt a resolution declaring
there is no further use for the home.
before it could be diseountinued, Mr,
Olive points out. |
Those behind the movement mt‘
the home for the scnool and plan to
take care of the cld soléiers by senéi
ing them to the counties of their ;‘esi-l
dence,
Scottish Rite Home
.
Is Closed to Visitors
On account of threat of influenza;
visitors will not be permitted at the
Scottish Rite Home until ‘further
notice. ! .
The inmates of the home have until
this time escaped the illness, and the
home authorities have adopted the
exclusion rule as a safeguard for the
health of the children there.
NAVY RECRUITS.
The fo.lowing men have enlisted forz
the navy here: Charles Lee Hendre- |
son of Greenville, 8. C, and Jobn|
Thomas of Tallassee, Ala. Bptl} mro‘
sent.to the naval training station at
Newport, R. I. . |
2. The determination to execuie
" this trust by setting aside a cer- .
tain definite first proportion of '
time and income in His name and
for His work.
America's problems are spiritual
and must find their final solution in
the increase of'the spirit of Lincoln.
The spirit of Christian stewardship
that subordinates selfishness to serv
ice, and asks not: "“How much can
I get?” but “How much can |
give?"
Mrs. Lumpkin to Talk
To Parents on Thrift
The regular monthly meeting of
the Forrest Avenue P:mnt-'rucher
Amsociation will beheld at the For
rest avenue schoo! building Thursday
aftermoon at §:2O o'clock. 2
Mrs. Samuel Lumpkin, director of
the Woman's division of the war
loan organization will talk to the
members on the subject of “Thrift.”
Refreshments will be served.
. Inaccordance with the announcement of Mr. J. Ogden Armour,
_ President of Armour and Company, made in this paper yesterday, the ' * .
Armour Leather Company is offering its stock for public subs¢ription.
- Allotments will be made in the order of receipt of subscriptions, and =~
as promp.tly‘u possible after February 25th, 1920, after which date
, no subscriptions will be accepted. Pbt iloenrie e e
The stock is offered subject to the privilege of wbocrip(fin to thc holdcn of ‘the ' -’ ' -
preferred stock of Armour and Company now outstanding in the hands of the ipubli‘le.‘ : . 4
(OF DELAWARE) o $5 :
$10,000,000 R mmgek
7% Cumulative Preferred Stock ~ Common Stock
(Par Value SIOO per Share) : (Par Vnheflsnul's-l'e)
Ditien o Prafbited Slhek paysiie’ qvartiorly, dbktiney 1 Apaisl ooyl Ingd AMANRRE 5 ¢y s
First dividend payable April 1, 1920, will be for month of March oaly. Cajlable, as a- &
" whole or in part, at the option of the Comgany. at 115 apd aeerucd mvia.u.. gXL
; DIVIDENDS EXEMPT FROM NORMAL FEDERAL INCOME TAX . ' Y
TRANSFER AGENT: e N kR
(Both Preferred and Common Stock) (Both Preferred and Commom, Stock) =~
Continental and Commercial Trust and First Trost and Savings Bank, .
Savings Bank, Chicago, IIL : Chicage, M. . . B
" The Armour Leathér Company has been organized undér the Laws _of,'tlj_ie"Sut‘e-of
Delaware, and will acquire all of the tanning companies and leather assets now owned
by Armour and Company at figures which do not include any value for good will.. The
gross volume of business in 1919 was approximgtely $90,000,000. :
: CAPITALIZATION S o pafigt »
! ©i 0k Tor be immediately |
\ 3 - issued 'and out-.
_Authorized " standing _
7¢, Cumulative Preferred Stock (SIOO par)..525,000,000 -$10,000,000 - - . '
Common Stock (sls par)....................515,000,000 ~4515,000,000 ¢
Founders’ Stock (no par value)........shares: 100,000 .- '111‘90.,000] e
+54,500,000 Common Stock is reserved to be offered to employees and customers of the = '
The ;l;llf::eyrs’ Stock will be subseribed for and acquired by’ Armour and Company, whe =~ |
will pay $5 a share for same. : e E e .
" The Company will havé no bonds outstanding ;pd'doqoniflh not to mfizmwfl O
of any mortgages or liens upon the present property of either the Coempany oér:the-com-.
panies whose stock the Company is about to acquire, withont the consent:of the holders of
two-thirds in par value of the Preferred Stock outstanding at the thme. - -~ .. . .
Net assets, based on valuations of November 1, 1919, will be $25,500,000, ,qnlto $255
per share of Preferred Stock outstanding. Net quick assets will be $16,043,664, which is :
equal to $l6O per share of Preferred Stock outstanding. : o P g
Additional Preferred Stock can only be imedrto'afi amonht oqugl ‘o 75% of the cost
of extensions, additions, betterments and improvements and of nmew property acquired, and
then only provided earnings for a period of twelve months have been at least three times the
amount required. for dividends on all Preferred Stock outstanding’'and thé ‘new stock ‘to be
issued. : '
The Company agrees to maintain at all times, net hnt;;}nql to gt least 2007, and net
quick assets equal to at léast 1269, of the par value of all Preferred Stock éutstanding.
Earnings available for dividends, after Fedml’ufit, during the -last fiseal yedr were
$6,195,824; average annual net earnings during the four-year period were. $4,485,215.
Thus, net earnings for the last fiscal year were over eight times, and lwng‘ éarnings of |
the last four years were in excess of six times dividend requirements on present. issue of
Preferred Stock. . NIRRT N
‘ After preferred difidendl, the remaining surplus earnings shall be ivi.ila.hle fin div\ficnds
on the Common and Founders’ Stock, in equal u.{gnpte amounts. For a period of
three years dividends on the Founders’ Stock shall be limited if earnings -are. less than
$4,000,000. : o T '
After providing for dividends on the Preferred Sfopk, the earmings for the last fiseal
year were equivalent to 18.39, on the Common Stoek (this after deducting an egmal aggre
gate amount on the Founders’ Stock), and the average annusl net earnings during the four.
year period were 12.69, on the Common Stock on the same basis. . : ;
The officers and directors of the Company will be principally those Who' have 'been
engaged in the operation of the companies now being acquired, and who have in a large
measure been responsible for their growth and development. . RhTR i e
APPLICATION WILL BE MADE TO LIST BOTH THE PREFERRED m COMMON STOCK ON
i THE CHICAGO STOCK EXCHANGE - ‘'. :
All legal proceedings approved by Messrs. M ayer, Meyer, Austrian ‘and ‘Plait, Attorneys, Chi
cago; Balance Sheet and Earnings certified to by P rice, Waterhouse & Co., Chicago; Appraisals made
by American Appraisal Co., Milwaukee. R ,
'sloo par value, Preferred, 1 Share :
Price—in blocks - ; 200 lock
|slos par value, Common, 7 Slnnof- S3OO pay. Mo i
(This is equivalent to price of $95 per share on Preferred Stock and sls per ~lhaitn on the ‘C,:’o";mo‘n Shcp.fl
Subscriptions, accompanied by initial payment of 107, will be received
on behalf of the Company by bt
: Continental and Commercial Trust and Savings Bank, Chieago
v Y 8 ¢ 108 o e
Bankers Trust Company, New York Lh o al o
Pleeal Agents' o i Y @ pTing -
who will on request furnish copies of a letter from the émuny .ivinfiofihd iflorfi.;“fi.fw
can alse be obtained at the various offices of Armour and Cempany. =~ =-~ «. Pamoay c ten /e
W holesale Groeers to ‘
Meet Friday in Albany
ALBANY, Feb. 11.—The South
Georgia Wholesale Grocers’ Associa
tion* will meet here Friday. sy
Faircloth of Quitman is president of
the asaociil\tion and John H. Meock
of Albany is secretary.. Permanent
" Caught In the Current
Three times a week op The Georgian
editorial page, ‘James B. Nevin has his
personal intimate gossip colymn. i
headquirters of the associztion aTe
in Albany About twenty-five ooun-’
BRYANT TAXICABS
car vy 82
Open and Closed Cars
Itu; are represented in thé assoeia
e, s - v
I——‘——v—————-—‘——_—_—'—‘——"
N DANCING
| eveces STI asels i
8 te 12. Prives, savers, re
" v frestoments. Regular admis-
I e Lane’s