The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1903-12-15
Messenger bureau,

Raleigh. y. G, December 18th.
The corporation commission today
mad" Us report on the State private
and savings banks at the close of bus
mess November lIth. There are 125
State. private II % savings banks.
a total OF f55. The total
are $2G.16S.2S2. The loans and dis
counts al. $IG.SI0.S25. The capital
stock paid in is $4,f57.535: the sur
plus fund sGO7.624. the undivided
profits SSTO.45O. The deposits subject
TO check are $~15.291.S14. The special
reserve Is $I59,OIS. increase of assets
in six months aggregate $1,163,124.
The Secretary of State today mad
4 very interesting report on the work
of his Office. 1t shows the marvellous
progress the State - making in an IN
duStriaI way. His office issued for
the year ended November 30th. 423
land grants. a considerable gain over
last year. The grants generally is
sued are for entries under the OLD law
and for lands sold 1T II IL and Is
cents per acre. All and entered since
March 9th last. will be sold for 80
cents an acre. During the year, 354
domestic corporations were chartered.
these paying an organized tax of over
$1,000 These corporations repre-
sent ~S48.79O.15O authorized capital
stock. and S15,771,490 subscribed. The
business men of the State and of
other States recognize the liberal cor
poration law of this State and this is
shown by the rapidly inCreaing num-
Der of corporations chartered. Ten
years ago only 81 were issued, and
as late as 1897 and '9S the total CAPT
tai stock was only $2.9S2, 1926 a year.
The increase since then is rapid. Last
year the total was $25,O25.O 50. The
last legislature authorized the Secre-
tary of State to charter banks and he
has chartered 24. The legislature
fixed = tax on foreign corporations
coming into this State which has
Welded q considerable revenue. Five
RAILWAYS we're chartered during the
year. these being the hinstOn and
Carolina: Holly Shelter; southport,
Atlantic and Western; NOrthstate,
ana Atlantic. Besides these the legts-
Iature chartered a number of railways
Under the law for the registration OF
labels. trade marks and designs. a
number have been registered. Cor
pOration Clerk Wilson has prepared
IN admirable book. the corporation
ode of this State. which has 4 large
sale. The work has greatly increased
but is ~systematized.
1He 11COItN ana SIuutIIS u lIS ~
and II. College are much interested
IN the plans for athletics next year.
There will be n regular trainer WI"
viii look after football. baseball ana
the gymnasium, which is to be lifted
up temporarily in the auditorium. K.
2. AcClave. PriuCetOn'S fullback Is
expected to be the trainer. The stu
dents have raised $1,000 and the trus-
tees have given $4,000 for the gym
nasium. The material for athletics IS
excellent. All the baseball team are
here except Holt. the pitcher. who
comes after the holidays. rs Will also
Fear0Ss. \ fine schedule has been
and there will ne TWO games
Of baseball and one Of football with
th- University of North Carolina. all
differences aving "a h~armOniZed.
AberHrthy. of Hickory. IS Captain Of
the football team. Miller. Of Brevard
captain of the baseball team, and
Prof Gardner. Of Shelby. IS the gen.
eraI manager of athletics. There are
now IS members of the senior class
At tAe college and SO juniors. Presl-
dealt Winston says less discipline has
been required than ever The work
done this term was very satisfactory
indeed
The trustees of h college expect
to begin in the early spring the work
Of erecting n Agricultural building.
which is to stand on the crest of the
hill south of the State fair grounds
LOn this site are some old bulldlngS
Ewhic4s the board has power to con-
dern. The plans for the new build