The county record. [volume] (Kingstree, S.C.) 1885-1975, 1904-07-21
LAKE CITY LETTER.
BUDGET OF 1--WE NEWS FROM A
LIVE TOWN,
Stockholders Of Bank Meet in Annaal
Session Fine Years Business--Eight
Per Cent Diyidend--D Death of Infant.

(eE Ceut DiSlueAu Va Anis'
LAKE CITY, July 21:-Mr and
Mrs w S Moore have returned
home from their bridal trip to
Western North Carolina and are
boarding at the Carter House.
MIR J E Ellerbe stopped here
Wednesday on his way to a pic
mic in upper Georgetown which
he visited Thursday. He tells
us that the congressional candi-
dates will hold number OF
meetings during their campaign,
one of which will be at Scran-
ton. Of course, Mr. Ellerbe ex-
poets to be elected. And so DO
they all.
Mr. Rufin P Hinnant of SUIT
tons, spent several days here
last week with his brother, Dr.
Hinnant. He was accompanied
by two of his daughters.
Work on the plant of Enter
prise Wood Distilling and Chem
ical Co. is now going ahead.
Some of the buildings are being
erected for the reception of the
machinery, portions of which
have arrived. A Macon, Ga.
tirm has the contract for putting
up and installing the plant.
Messrs w F l. Steele and w
B Cole, of Rockingham, N. G.,
president and secretary, respec-
lively, of the Lake City Mfg.
Co., were in town several days
last week looking into the af'
fairs of the Co. Mr. Steele is
still here.
The annual meeting of the
stockholders of the Bank OF
Lake City was held in the office
of the Bank last Thursday.
Very nearly all of the stock,
holders were present in person.
All Williams, j G Lynch, W J
Singletary, J S McClam,. G M
Kelley, J A Green and H P vii,
liams, were reelected members
of the Board of Directors. The
following officers were all re-
elected: A H Williams, presi'
dent; ] G Lynch, vice-president;
EW Yates, cashier; W L Bass.
solicitor. The president and
cashier were authorized to select
a ok-keeper. The years
work of the Bank was carefully
gone over and everything was
found in good condition. The
profits of the business was en-
.tirely satisfactory. A dividend
of eight per cent was declared
and the remainder of the profits
was passed to undivided profits
This Bank is now firmly estab
lished,. and the prosperity of its
first year is believed to be only
an intimation of the success o
the future. The business is con
Quoted on a safe, conservative
basis and the element of risk i:
as nearly eliminated as human
wisdom and circumspection cal
do it. Three years ago few
thought that Williamsburg of
fered a field for a bank. Toda!
we have two, both solldl.
grounded, popular and prosper
Gus even beyond the expecta
tions of the most sanguine.
Messrs T NJ and L W Gillant
were in town from Kingstres
Monday.
WI Bass, Esq, was in King
stree Monday on professiona
br. SineSS.
Little julius, the infant son G
Mr and Mrs S W Gowdy, die
last Sunday and was burie
Monday afternoon in the Baptis
cemetery. The little fellow wa
about 1our months old.
The tobacco market has oper
ed and sales are being held a
most daily. All the ware house
are under. the same respectlv
managen1ents as last year, Go;
OTH Hall being at the Star, M
W S Moore at the Planters, an
Messrs King & Graham at tn
King. All these. gentlemen ar
on the ground and ready for bus
ness
A number Of young peopl
, went out to Bass's Bridge o
Lynch's river Friday and ha
a small, but enjoyable. picnic.
There is something wrong wit
e /,