Newspaper Page Text
4
LV/lV ¥ Wp ire uatnc Ha UP Nn 1 FrPP ,cc
Books In UeOtQ/3.
(Continued from Page One.)
of this corporation.
h Ob EH GRIT
Quarter of a Century O.a.-- 1 im rwni. iw-tn
tWboi-Boolc Depositor) was oiga. iz>*.> \ e,i.
■ ixo in Atlanta, Georgia, ny • J •• ->orgess
Smith. to enable the sehoo.s oi Lie ( rSoul-ii
obtain neeessar\ text boohs on ll.e^same ,■
as other sections. Since its inception the •
pany has steadily grown and .aarertseu tu
f nence urml the point was reached that made
incorporation imperative.
Largest Distributors in Jhc l ■ S. -J ho
Sou tie vn School Book Depositor) is now
largest school-book depository and school
Ply house in the United States. It servas
territory covering 1-1 Southern States
tve large centrally located plants, m A .auia,
Ba., Dallas, Texas. Jackson,
villo- 1‘ift.. and /.{ampins, fenn. i s annua
business is now about $3,000,000, having sold
in its lifetime over $40,(X)0,00.) wort a Oi nooks,
Bright Future. Never in its history has
the future of this business been so bright. I he
South is just, awakening to its educational
sponsibilitics. One Slate alone has recently
appropriated nearly $4,000,000 to buy text;
books for its schools—signing contracts of
ibis corporation for the lion’s share
business.
New Profitable Department .—The Station
pry and School Supply Department of this
company—organized only a short time ago—
has proven a wonderful success, hi a few
months’ time it has sold 60 carloads of school
tablets and more than 2,500,000 or one kind of
pencil—achievements, we are told, that are not
< ven approached by many old established
firms in this field. This department; of our
business is destined to grow greater and more J
profitable each year.
WIIAT OUR CAPITAL CONSISTS OF. I
Contracts unth Publishers and Stales .—
About 175 contracts under which State adop¬
tion, school, college, and other text books are
distributed throughout Southern States. These
contracts extend over 5 to 8 year periods, while
many are for indefinite periods. As practical
Jy all of text 80) hook publishers are depositors in (75 j
out very little change occurs this]
business by shifting of contracts. Guaranteed
6-year contract of one state alone in its first
year of operation has shown the wonderful
earning power of this department of the
j ness. Valuable —$325,000.00
Real Estate. of
\ Estate, which is our ledger value, and is as
j praieal price as given by expert realtors.
$150,000.00 of treasury stock owned in fee
(simple by the corporation.
About $100,000.00’school supply merchant
dise on warehouse floors.
Great and Lasting .Good IT ill .—-Good
of over 40,000 established customers in f4 Bon
them States and other assets covering 25 years
I of ly successful business existence We \yiih practical*
' no management change. now have about
twenty in Ford, men successfully covering entire Southern territory
Furniture Fixtures soiling school supplies.
and .—Furniture and
fixtures in five large depositories at Atlanta,
Gm, Dallas, Texas, Jackson. .Miss.. Jackson
'’ill©, Pin., and Memphis, Tenn.
Largc Surplus —With splendid surplus
shown (See Financial Statement) of $311.172.-
47. the corporation is assured of ample
assets. .
SAFETY AND PERMANENCY.
Investors Safeguarded. Safety and per
manene.v arc assured in the stock of the
t lem School-Book Depositor) by a sound
lug of honest and efficient management
with a permanent and over-growing
All investors are fully safeguarded and pro
tvoted, large and small alike, by the laws
the State of Georgia under which this company
Is incorporated.
Practically No CompetiUov.- This
lias practically no competition in its book
part meat Its operating costs are very
fin labor trouble.- no speculative features, no
Tuotunlitig liabilities and practical!) no bad
debts- It enjoy the highest credit standing,
n wide reputation for absolute honesty and
stability and a gilt edged list of 475 stock
holders (names sent on request.) The inter
e.stcd investor is invited to examine into all
these facts and will be given free access
t bent.
I NT 1{ IN SI< YALIT, AND MARK ETA
B'l LIT Y.
Big Die id end Capacity. This securilv lias
no wa dividend capacity comparable with the
b-.-i bank-. The steadily increasing earning
.>I* t!w -cliool supply department indicate
larger dividends.
High Arehtgr Yet Profit. The actual av
erage net profit during the past It) years
been 19 per cent on the amount invested, its
operating expenses are low. Its fixed charges
are small. Its need of only a reasonable sur¬
plus makes dividend possibilities more stable
and generous.
(load Collateral —This security, localise
< f i> :ouinl convertible character, ha- ; been ae
ct pted as excellent good collateral at many opnortunitv hanks, and
' an investment for
i t* folks.
lies y, Sold Sc 1. i fiscr:
i: - immediate!) ■•c. nize its
f i i. at and J."-’ entiai va at $J"0.UU
THE COLUMBIA SENTINEL, THOMSON, GfiOHOlA.
'Ehofse taking advantage of this oppor
holdings will undoubtedly round soon be able to
at a premium.
APPROXIMATE STATEMENT OF EARN
TNGS.
Eor \ ear Ending March 3lst, 1923.
Sales School Book Business ,
April 1 to Oct. 1, 1922
school Book Business for six
months ..................... $1,320,813.41
Approximate School gross earnings on
Book Business ......••.. 165,851.(17
Less Expenses ................... 127,240.36
—---•
Approximate net earnings on school
books April 1 to Oct 1, 1922. . . . $38-611.31
Xotat Sales School Stationery Bust
ness April to Oct. 1,1922
.Stationery business for six months $301,288.55
gross .earnings...... 75-257.71
expenses ......••...........
Approximate net earnings on Sta
iionery April 1 to October 1,1922 $50,025.44
Approximate net earnings on School
Books for six months .......... 38,611.31
Approximate tionery for net six earnings irfontbs on Sta
.......... 50.025.44
Approximate 'months’ net earnings for six
period ..... ........• ... r ’’ „ r x __ “- >
net earnings for 12
months’ period....... ......$177,273.50
Boss 6 per cent on Preferred Stock
• (To be paid) ....... .....13,500.00
Estimated net; profit for 12 months $163,773.50
This statement cannot be made absolutely
accurate on account of the fact that we close
our books only once each vear—March 31st.
NET PROFITS BEFORE DIVIDENDS.
March 31, 1920 •... . $66,253.28
March 31, 1921
March 31, 1922 . • • 57,631 10
March 31, 1923 (Estimated) ...... 163,773.50
CONCLUSION
The future of the Southern School Book
Depository is assured. It is a part of the ne
cesary machinery for the carrying on of the
educational interests of the South. It is going
on to still greater service, greater influence
and greater business.
We believe that prospective investors can
not find a more thoroughly sound and highly
profitable investment than'the shaves of stock
we now offer. They represent certain safety
your principal, liaighly satisfactory income
from your investment and a broad market for
holdings.
The fact that the original founders of this
company, upon incorporation, took their liold
mgs in this security indicates that no better,
safer, more profitable investment is open to
the investor today, 1 J
Naturally any Investment assuring bu^e - 8
per cent and above” Will always find ®
Add to this the compulsory buying of all
school books, in a State that, has a compulsory
educational la\4—and the popularity and suc¬
cess of the senool book trust is assured for¬
ever.
The State of Georgia can publish its own
school books, with the labor it has on hand in
any of its penal institutions.
It can train hoys in the useful art of print
and none of this need come in competition
with free labor always the red flag of pro
when prison labor is urged,
The State needs, now, to adopt any and
honest methods to conserve her finances.
and until some move is made to provide free
school books, produced by the State itself, as a
people we are helpless to lower the cost of free
school education, or lessen the burdens nf the
tax payers.
1 do not know bow long iho present ou¬
tract lias to run, in Georgia, with the S
Bool; Trust.
I do know that there will be no question
for discussion- at this or the regular leg
iUative session that will mean as much to the
people of the State.
Women! Get busy; make it less a tragedy
for )our chilren to receive The education they
are entitled do. and make it impossible for any
other Governor of the State of Georgia to
'main side step this most important plank in
the political platform which lias put in office
many of-litem,
Note the fivi vear clause in other words,
the contracts for the scliool books of Goorgi i
are determined for five years, whim is must
assuredly a splendid, profitably deal for this
* 111>1,
Reams.might be written on the subject, but
the text-matter of the concern itself, added to
ill- fact that school teacher- and officials act
as agents in the sale of the stoek should he
sufficient.
ARTISTIC AND EFFECTIVE
JOB PRINTING.
lowest Piicss Consistent With First Ciass Work.
SEND FOR PRICE LIST
C. E. ATKINSON,
P. O. Box 423.
THOMSON, GEORGIA.
A Liffle “human” Story.
* It has never been mv habit to tell wlien I
have been favored by fate to do a little thing
t 0 help any one along. Tramps always have
had for me a pathetic interest; loving a home
as a ca t does, I have never been able to un
derstand why some people—men at that—will
deliberately leave comfort, friends, cleanliness I
and all the other things which represent
an ,j wander in strange places. looki
And there are tramps, and some who
jj^e tramps, but are not. Such a one was the ;
young chap I saw on the train, son* months]
ago, when T was coming from Atlanta to our
ii tt le town; it was a night train-left Atlanta
a t nine-something, and reached Thomson after
midnight, and Augusta, its terminus, in the
oarlv pla“s moraine Sr We had sfations?and stopped several times
than I finally be
an to note the actions of a very fat man, who
lisped, and who had what was nearlv blew a pair of
crossed„eyes. He puffed and up and
down the aisle, and once when lie passed mv
seat he said—speaking to some one at the other
end of the car__“We nearly got him that,
time”; but the train went on and the excite
ment died down until
The smoker of the ear ahead was visible
from the day coach in which ] sat. and f no
ticed there was quite a bit of commotion there;
the fat man with the lisp and the crossed eyes
had evidently gotten off the train at the back,
and whatever it was he had been chasing was
I was travelling alone; I have a lot of cu¬
riosity, and finally the actions of the fat man
were too much for me; craning my neck nice for¬
ward T could see the conductor—a old
man. T and could lie stand looked it ^worried. longer, and went for¬
no
ward; then 1 went into the smoker. The situ¬
ation soon was explained. A young chap
about twenty-two or three years of age, in a
P air of wel1 worn overalls, with no hat nor cap.
* lth a shirt °P ened at the neck showing clean.
healthy skim looked but a neck that was too bony;
' ,ands that like those of a chap who
was used to working—and a manner that was
not defiant, hut afraid.
I asked what the trouble was. and was told:
the young chap had been caught stealing a
ride; if he could not pay his fare, he would be
placed under arrest, and when he reached Au¬
gusta, he would he handed over to the police,
tried, convicted of a certainty on the testimony
of the fat man who turned out to be the rail¬
road ’a detective, and of course made to .serve
a sentence on the chain gang. And he had no
money.
1 have a son. I don’t always know' where
he is; he is the only child I ever bad, and
maybe I didn’t know how to manage him when
I was “raising”'him, hut ibis I can say: I
tried.
Maybe, i some day, would he might want to get
back 0 me, and he not
for a ticket) so I did what i’ l
man may do for him, if l N cliflff
strait: I paid the way for this
son, and I took him to ray home.
I did not intend to tell any one, but in a
small town all things become known; and when
I sent the young chap on to the parents he I
was jollying trying to reach, I had to stand a good bit
of about my “tramp,” and I have had
several facetious inquiries about him.
It is true, the affair was several months
age; it was also true that I did not hear from
him, nor his people, but even at that, I was
satisfied- He had “been across,” In the War,
and maybe spending a little money on a rail- ;
road ticket for him, was just a shade higher in
ethics than pound spending a lot of money -to see a
slacker in the face of a half breed, as
so many of our best folks did a month or so
ago. j
But the unexpected some times happens,
i have heard from my young chap,
just to make those of you. who may hesitate:
some -time, when a similar case will come up
feel that “taking a chance” isn’t such a risk,
f am letting you read the letter.
Dear Mrs. Lytle:
Guess you think I have forgotten you.
but I haven’t. I have jus,t got settled
down. Now 1 have got a job- I get $120
per month. Just got started to work last
month. ! will be able to pay you for what
you did for me in a few days. I can’t ex¬
press bow much 1 did appreciate what
you did for mo. Now I have had lots of
bad breaks since 1 saw you. 1 got home,
OR. C. A.'YARBROUGH
Is the author of the
“ROMAN CATHOLIC CHURCH CHALLENGED” 4
a hook of 410 pages. Read it and you will better
understand why he is being {persecuted' in the courts.
Price oi Cloth $1.-50, paper SLOG. Order direct from Dr. C. A.
Yarbrough, 506 Citizen & Southern Bank Bldg; Macon, Ga.
and my people didn’t care to see me very
much, except my brother. He helped me
out all right, and I have paid him back.
I have a job now and I am going to pay
all that I owe and I guess I will be here a
long time for I-eure have had lots of trou¬
ble. Will send you what I owe you as soon
as J can. Many thanks to you. I hate to
send you a letter unless I could send you
the money. Please let me hear from you.
May I remain, as ever, A FRIEND.
P. s. 1 haven’t hoboed any more.
Some how I didn’t feel that bis people
were going to be very glad to see him—folks
with large families ‘usually are chaiy wel¬
coming home a failure.
But you see, my chap is making good: he
has a job. and even if he doesn’t pay me for
weeks and months, he was square and honest,
as 1 thought he was when I saw.him. and I am
satisfied.
Fin not giving his name, nor the place he
has written me from in Pennsylvania—but it
makes me foci good all over to know that hu¬
man nature, by and large, isn’t as bad as we
may some times feel it is.
For. ray son—with all his failures and his
wanderings, I will always try to help the son
of another mother, and it would do me good
to know' that some of you who read this will
feel like making a sort of vow to yourselves,
that you too will lend a hand, when the world
looks darkest to a trying young chap, who may be
just' another boy, to “heat his way
back home.”
Immigration Of The Southern Negro
.
(Continued from Page Three.)
There must be some one to blame for this
horrible condition.
In all that has ever been written of flic
South in slavery days, was there ever anything
like this? These people were lured from sur¬
rounding they were familiar with; from people
who understood them, and are patient with
them in their failings. They are looked after,
when ill, and in their own sections and dis¬
tricts, they have their own standards of living
—which are never as loathsome as this finding
of the Washington professor.
It lias been amazing, shown the patience the aver¬
age Southern paper has when the Nor¬
thern press has flayed the entire South, for
an outbreak, or a lynching—which will he al¬
ways the form of punishment, for that one
crime it follows.
Education of the. negro lias cost the South
thousands of dollar^ since the War, and they
have responded to their opportunities. They
have built business enterprises of their own,
they have brought their own churches and
schools to a high standard, and if any fault can
found with them, as a people, it is their in
ifference toward their own race.
been All with of their aid progress of and development has
the those white people who
saw the need for education and advancement
as part of the changing orders. In this, the
whites have been most generous and patient,
had the negro leaders taken as much in
terest, in their own. as they should have, there
would not now be the tragedy in the Northern
an ? ^ ©stern States among the negroes, as the
na ’b‘ P a P ers record,
Bad the white people of the South tri id to
stop the the emigration of the negroes, the en
tire Northern press would have foamed at the
mouth, demanded freedom of th<j race, and so
on. calling in all the old abusive tactics which
have been their stock-in-trade for so mativ
years. The average Northern editor’s ac¬
with thr negro is confined to the
Pullman porter and the flashy yellow waiter
the hotels and resorts. Of the negro far
mer. he knows very little, and cares less, and
is this class which was carried off by the
Specious promises—and which is now begging /
to come hack to the farm in its Southern home.
No—we never have, in the South. even in
the turpentine camps, the conditions which the
Johnstown Mayor has uncovered in the State
of Pennsylvania.
BARGAIN FOR SALE.
Ten acres of land in cultivation, seven
room house, good barn in Douglas, Ga.
See or write
B. L. DAY IS, Douglas, Ga.