The Union times. [volume] (Union, S.C.) 1894-1918, 1905-11-17
THE MILLS AT UNION.
Directors Of the ReOrganized
Union and Buffalo Mills
Meet In Charlotte.

The directors of the reorgan-
lied Union and Buffalo cotton
mills at Union, S. c., held a long
session November 11th, at Char
lotte, N. C. Those present in
cluded VIM. Winchester, of Balti-
more; H. G. Fleitman, of New
York; T. H. Rennie, Graniteville,
s. c.; E. w. Robertyon, Colum-
bia; Emslie Nicholson, and T. C.
Duncan, of Union.
Somewhat of a sensation was
caused by the action of the di-
rectors in offering a reward of
$1,000 for the return of several
important books belonging to
tie Union Cotton Mills. with evil
dence to convict the party who
made away with them. One
thousand dollars will be paid
merely for the return of the
books. 1t was announced at the
close of the meeting that all the
mills future contracts for cotton
had been closed out. These con-
tracts were for $4,000 bales.
bought by former President
Duncan in July, for the Union
Mills, or more than seven years
supply, the average price being
l13c. The price received for the
contracts was from $50 to 9.9
ANOTHER ACCOUNT.
Columbia, November H. zSpec-
ial: A reward of $500 was
today offered for the recovery
with evidence to convict the
,parsxs srs,p.rsses16ho flched the the
-UnfufI CUrron MMz salary
IF $40, 900, which has been PAID
Mr. Thos. c.. Duncan as chair.
man of the board of directors of
the Union and Buffalo cotton
Mills. was discontinued. This
s1O, 600 dollars, which was cut off
at today's meeting of the board,
prompted considerable discussion,
and the debate grew quite warm.
Mr.. Campbell Courtenay, the
son of Capt. VIM. A. Courtenay,
Df Newry, was elected on the
Iboard of directors and on the
executive committee to fill the
vacancy occasioned by the resig-
nation of Mr.. Law, of Spartan,
burg. The current ledgers and
| day books for the years 10000
contain valuable information par
| ticularly relative to the heavy
cotton transactions of the UnioI
Cotton Mills. These books are
said to have been at the mill a.
late as October 18, and were uset
in part by the cotton mill exper.
accountants during their investl
cation. The books. are now de
sired, but they cannot be toun
, hiph or low, and the desire is t
( get the books, and as much q
So, 500 is offered for their recoN
= ery with evidence that will COZ
. vict the party who took III
: books. The board today offere
S $500 for evidence that will lee
= to the recovery of the ledgers
0 an unmutilated condition. The
l. ST. 900 was offered as q rewal
n for the recovery of the books
it an unmutilated condition, al
= S2, 500 was offered for the reco
le ery of the books with eviden
,t that will convict the party ia
Is ing the books from the offices
ce the Union Cotton Mill,
lg The board, In cutting off t
salary Of President Duncan
this time, felt that the mi
as needed the money for other p1
poses. and that it could not W
afford to pay SIS. 900 for the cha
ho man of each of the boards,
. av that President Edwin w. Robe
~ ~ son had gone into the work
;oy ;on the hope of reorganizing
ND ND making something of the pror
',st ' ties for the stockholders
rH 'no creditors will be able to carry
ad this work. Mr.. Campbell Co
tha enay was elected on the bc
he he because of his capacity and
rn- M familiarity with the manufac1
rod of cotton goods. tits unders,
s of that Mr.. Duncan has had a c.
,oI of expert accountants at worl
I the the books, or that he has
q s re such, and that he is havin