The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1903-07-07
PROSPEROUS PROSPERITY.
The Town Is Experiencing Rapid and
Healthftll Growth New Bnter-
priseS and New Buildings.

ing rapid growth. Every lew weeks
bring the news that new enterprise
has been chartered or a new building
erected And not only is the growth
rapid, but it is healthy. Her enter
prises are in fourishing condition.
Men of excellent business judgment
and ability are at the head of their
affairs, and the towns citizens are
working for the advancement Of her
interests.
Dirt was broken on Thursday pre-
paratory to the erection of the building
for the Cotton Seed Oil Mill. This en-
terprize was organized on the 18th day
of April Of this year with the following
officers: President, and Treasurer, l..
A. Sease; Vice President, A. H. Haw-
kins; Secretary, Robert Pugh. The
directors are: A. G. Wise, l.. A. Sease,
w. P. Pugh, A. H. Hawkins, G. Y.
Hunter, Rev. G. p. Boozer, J. S.
wheeler.
The oil mill is to be located just
opposite the c., N. & L. depot. The
building is to be modern structure,
60 x 40 feet, with engine room in the
gear. The construction would have
sNteen begun earlier but for delays in
securing material occasioned by the re-
cent floods. The brick is all OF" the
ground now, however, and work is being
pushed rapidly. President Sease hopes
to be ready to gin cotton by the middle
of September, and to begin the making
of oil by the 18th day of October. The
mill will use its own syste'', of water
works, bringing water from a spring
about half a mile distant
Among the officers and directors of
this enterprise are numbered some of
Newbarry county's best citizens and
ablest business men, and the mill has
bright prospects. President Sease is a
graduate of Clemson College, and a
practical business man.
NEW STORE BUILDINGS.
The handsome brick store being
erected by r. l. Stoudemayer on Main
street, adjoining the three new stores
of X. Baker, is nearing completion.
The store will be used by G. A. Maffett,
conducting a grocery business.
Work is being pushed on the brick
store buildings being erected by DR.. G..
Y. Hunter and ?. G.. Singley. DR..
Hunters building adjoins Hunter &
g Wheeler's drug store, and takes the
place of the old wooden structure for
merly used by this drug firm.
Mr.. Singley's building adjoins DR..
Wheeler's and succeeds the wooden
structure formely occupied by B. B.
Schumpert e. Co. 1t will be used by
Messrs. Schumpert & Co. in then
general merchandise business.
Only recently K. Baker, of Green
wood, completed the erection of three
handsome brick store buildings on up.
per Main street. These are now oc-
cupied by DR.. C. T. Wyche, druggist
Morris & Wicker, general merchandise
= F. E. Schumpert & Co., groceries.
BANK OF PROSPERITY.
One of the most fourshing of the en-
terprises in Prosperity is the Banl
Prosperity. The first payment
ment of twenty per cent.-was made
on the first day of September of last
year. On the first day of this month
just ten months after the first payment
the bank declared semi-annual divi
dend of three per cent. on it's capital o:
$4,000. It's quarterely statement show:
surplus of 81 500; undivided profits
$453.99; deposits, $28, $3.50. Thest
facts Indicate very clearly it's flourish
ing condition. Its officers are: A. G
Wise, President; G. Y. Hunter, Vice
President; j: F. Browne, Cashier. Di
rectors: C. P. Boozer, N. l.. Black. c
w. Robertson, Geo. Y. Hunter, S. S
Birge, j. f. Browne, and A. G. Wise
S. PEOPLES NATIONAL BANK.
The Peoples National Bank, with
capitalization of $25, 900, was organize
during the first part of May of this year
with the following officers: President
tional Bank; Vice-President, H. c
Moseley; Cashier, w. w. Wheeler. Th
officers state that a committee has bee
appointed to select site for the neN
building which it is proposed to erect, an
that as soon as the committee shall hav
decided, work on the building will b
commenced Immediately. The gentle
men at the head of this enterprise al
experienced bankers and good and SUI
cessful business men.
THE CITY HALL.
During the latter part of last yea
a handsome city hall was erected at
cost of 81, 500. The size of the stru'
ture is 40 60 feet, with a markt
house, ID x % feet, attached. The ha
has a seating capacity of somethir
like 500, and is as handsome as ar
tnmrn IN tho Stnto pincnnritu,c aiun q