The Palatka news and advertiser. [volume] (Palatka, Fla.) 1902-1905, 1903-10-16
GOINGS ON IN FLORIDA.

OsceOla county will vote on the
wet" and dry" propositions No
vember 28th.
The state railroad commission con.
templates reducing the freight rates
on phosphate to one cent per mile
Iper ton.
The wet and dry" election in
Nassau county on Tuesday resulted
in sweeping victory for the liquor
advocates. Fernandina gave a wet
majority of 225, and the results from
the county will swell the result to
twice that number.
John A. Ammons q prominent at
tOrney of Gainesville dropped dead
while standing in front of the
Brown House in that city last Mon
day noon. Up to the moment of his
death Mr. Ammons had been in the
best of health. Heart disease is the
probably cause of death. He was a
law of DR.. N. ID. Phillips, and
leaves wife and two children.
Sam Williams q young white lad
of Lawtey was lynched by citizens
of that place last week 1t now
transpires that the mob got the
wrong man. MObs sometimes do
that very thing. The victim of the
mob was Is years of age and bore an
excellent reputation Sheriff Johns of
Bradford county says: 1.-The unfortu-
nate young man, Sam Williams
was a reputable citizen and had
never harmed anybody. 1t was a
most cruel murder" The crime Tor
which Williams was lynched was
the outrage of achild, and the man
now thought to be guilty is one Alta
| Williams, who is in Jail at Starke,
under bonds for trial for robbery.
There is a most gloomy outlook for
depositors in the defunct First Ma
| tional Bank of Florida. Another
dividend is problemetical In let
ter to the Jacksonville Metropolis
last Tuesday the receiver of the
bank says: II find that the impress
sion existing among the depositors
| in the First National Band of FlOri-
da is to the effect that they may
soon expect another dividend. This
may or may not be true. The time
when the next dividend will be paid
depends solely upon the realization
from the assets now in the hands
of the receiver The remaining as
sets consist of real estate, doubtful
and worthless notes. There is no
question but the realty possesses
considerable value, but it will re-
quire time TO realize upon this,
| largely on account of its character; {;
for instance, the bank building,
adapted to that purpose and few
others only. The remaining realty
is Florida land; the greater value
being in the phosphate properties
thereof. When / will be able to re-
alize upon this realty is very proble-
NAUTICAL. | could do so most any
time by sacrificing the property.
This would not be in the interest of
the depositors, and therefore / will
not realize in such manner until l
exhaust every resource to realize
otherwise. Another source from
which expect to derive considera-
bic assistance toward paying another
| dividend is from the stockholders
liability under the national banking
| laws. To enforce this liability,
however, have been compelled to
bring suit against majority of the
| stockholders. Some of them are SOL
vent, some of them are insolvent.
To what extent this litigation may
go and the result of same / am una
BILE to even estimate. | desire to say
| to the depositors and claimants
against this trust, that | feel war
ranted in assuring them that there is
no question but they will receive
more substantial payment on their
claims; but just how much and just
when | cannot answer, and for their
information will say, that as soon as
/ shall have collected from the as
sets sufficient sum to Justify anoth-
er dividend, they will receive due
notice of the same"
EX-Gover lOr Henry Lawrence
/ Mitchell died at his home in Tampa
at2:l5 p. m. on Wednesday. He had
been in failing health for some time.
During his last illness and up to a
moment or two before death he was
laughing and chatting with friend.
| The funeral will be held today.
Gov. Mitchell was born in 1881, and
moved to Tampa when 10 years of
age. He has been circuit Judge,
Judge of the supreme court, Cover
nor, States attorney and ut the time
of his death was treasurer of His
boro county.
The big livery stable of Crawford
Davis at Gainesville was destroyed
by fire at an early hour on Thursday
morning. Thirty-two horses in the
stable were burned to death, also
five wagons, several hacks and sew
eral tons of hay. The loss Is esti-
mated at $i5,0R.