The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-05-15
Seaboard Steel Company to
Build Furnace at Raleigh.
DIPLOMAS ARE AWARDED
The State Board Of Education viii, in a
Few Days, Adopt Rules for Pub
lie School House Loan Fund
Recently Established.
Special to The 1,mes.DsD.tch.)

b. = u : =
RALEIGH, N. G.. May 1.-The First
Building and Loan Association OF Gran
ito Falls, Caldwell county. was chartered
to-dny by the secretary. largo num-
Der OF the citizens Of that town and
section being the incorporates.
The Ellenboro Telephone Company, OF
E1lenboro. rutherford county was given
corporate life with $500 capital to con-
struct telephone lines in that town and
into any part Of the surrounding coun-
try. q. q. PruItt +. A. Martin and L.
70. Green are the incorporates
Mr.. NJ. Ahby Lambert has purchased
an interest in Hotel Dorsstt, this city,
and will In future devote personal at
tention to the management of the hos
lessee OF the cigar and news stand In the
Yorboroush Hotel and will continue this
enterprise also. Mr.. Dorset now has to
spend much OF his time In Salisbury.
Mr.. r c. Rivers, who turned out to
DO the owner Of the suit Of clothes found
in the New York tallor's shop, and be-
lieved to belong to the man Rosseau,
who sent the Internal machine to the
pier OF the steamship Umbria as re-
cited in the telegraphic dispatches to-
day. formerly Lived in Raleigh. having
been CHIEF oelrk to State Auditor Aver
during the Populist-Republlcap admin
istration Of 1s97-9s and was manager
and proprietor OF the Academy OF Music
up to SIX months ago. when he left here
TO travel in advance OF theatrical
troupe. He sold out all interests here
before leaving, but has a atep-daughter
living with her mothers people In the
city.
II Is announced that the seaboard Steel
and Iron Works ccntemplates erecting
an iron furnace at or near Raleigh. This
Is the concern which recently purchased
large tracts of land In Ware, Johnston
and adjacent counties. They have 1870
acres In Ware extending six miles along
Timber Creek and 637 acres on Black
Creek. Johnston county. all on the RAJ
leigh and Cape Fear Railroad. The ore
is brown hematite OF the same grade
| now being mined successfully at Wilson
| Mills It runs 90 to 81 per cent. metal
| Ito iron, is very low in PHOSPHORUS silica
and aluminium. with only trace OF sui
phur and no titanum. Mr.. E. w. Lyon,
manager of the Seaboard Company, IS
here Their capital Is S. 100000. 7. p.
Semper Is president and Edwin Shield
secretary and treasurer.
Mr.. ]. Stone Wynne has resigned as sec
rotary and treasurer OF the Raleigh Cot
| ton Mill Company, position he has illleo
! for fourteen years and will, after June
LIST devote his entire time to the Ralelsn
| Real Estate and Trust Company Oh
which he is president.
Counsel for the prosecution In the Hay
wood case were in consultation here to-
day regarding the habeas corpus near
ing set for next Thursday They express
! the belief that the evidence Will be gone
into fully at that time.
The graduating exercises OF the medi-
cal department OF the State University
in Raleigh were held tonight at Chapel
| Fill and diplomas were granted to -FOUR
students, viz: William Deb. MacNider, OF
Chapel Hill NJ. l.. Matthews. East Bend;
r. M. Caveness Velnn; w. D. Gilmore
collision. Dr.. Henry T. Bahnson. of Sa-
lem one OF the States hest-known ply
sicians, delivered the address to the grad
yates. Several Of the Raleigh faculty at
| tended the ceremonies
| DR., Hubert Register. OF Raleigh, is dean
Of the medical department, Which Is con-
Quoted In this city, the clinic work being
done in Rex Hospital.
Governor Aycock went TO Winterville
| Pitt county, to-day to deliver The adj
dress at the close Of the Wlntervtllet High
School.
II Is announced that the State Board
| of Education will In a few days adopt
rules to govern the management OF the
Public School House Loan Fund. created
by the recent Legislature and stops Will
| then be taken at once to ascertain from
each county superintendent of schools
what districts desire to borrow money
for erecting school houses
There arc now 40 rural school districts
In the State, that levy special school tax
| ~ more than two years ago. and 13C
others arc favoraby considering the levy
| OF such tax. Tho counties having these
districts in the order Of their precedence
! in number are Guilford Alamance, Neck
I lenburg, Henderson, Union, Surry. CASTOR,
| Halifav and Haywood.
Workmen began to-day the remodeling
| OF the grandstand at the State Fair
| Grounds The buildings, are all to be
greatly improved between now and the
opening Of the State Fair in October. The
| grandstand Is 260 feet long. go feet broad
I and As feet from the ground to the caves,
I &ho,~5 hatpor throa floors