The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1907-07-17
MONEY SHARKS.
How They Fleece the Poor and !g-
norant People.

Every Community In the State
Should Run Them Out of Bushes.
By Taxing Them Heavy.
The City Council of Charleston re
quires the money lending establish.
ment in that town to pay an annua.
license fee of $1,000 for the priv.
ledge Of doing business. In previous
years the license required of these
concerns was fixed at a much lower
figure, but their profits have been SO
enormous that the city authorities
felt that they were more than justi-
fed n requiring the money lenders
to pay license of 81, 900.
These money lenders deal with
poor and ignorant people, mostly,
white and colored. They charge an
enormous interest, and once a poor
victim gets his or her name on their
books it is almost impossible for them
to get it off. Some of these money
lenders are to be found in nearly
every town of the State, but we do
not believe that there is any of them
in this city. Corporation Counsel
Moffett, of Charleston, has prepared
number of affdavits showing how
this business has been conducted. We
copy this list from the News and
| Courier, and we feel sure it will be
read with interest:
Anna Mitchell obtained on the
25th day of May, 1907, loan of 81
from the White Banking Company in
Calhoun street, on which she was
charged interest Of 81 a month, or
so per cent. She also makes afi
davit that she borrowed 81 from Hull
& Co., in Wentworth street, and on
this loan she has been paying inter-
est to the amount of s1.60 month
ever since January.
David lanes, who lives in st. Phil
ip street, borrowed eighteen months
ago from White & Co., SO, On which
he has been paying S1,40 interest a
month. James is seventy-six years
of age and his wife is siXtytwo years
old.
Julia Mack borrowed So from
White & Co., on May %, on-which
she paid 40 cents interest on the
dollar the month.
Catherine Edwards borrowed SIS
from the same concern in April, up
on which she was required to pay
$3.50 interest month.
Silas Brown borrowed from the
sans concern 50 in May, on which he
was required to pay so cents on the
dollar interest each month.
About three months afo Sarah
Bradley borrowed 50 from Hull &
Co., on which she paid 81 interest a
month. She also borrowed 81 from
the Globe Society in King street, on
which the interest charge was 80
cents a month.
J. J. Robinson, who lives at No. 4
Cedar court, borrowed SO from the
Southern Loan and Investment Co.,
on which he paid 81 interest month
On the 9th day of June he made
affidavit before Notary Public Al
brecht to this effect, saying IN his
affidavit that he had been threatened
with the seizure of his furniture, and
that the following card had been left
at his house:
Joseph Robinson: If you don't
come to my Office and pay me at
once l will pull your God dam furnl-
ture."
William Brown borrowed SIS from
the Southern Loan and investment
Co. He made andavit on the 27th
day of June, 1907 that he had paid
$40 a month on this loan, and that
the company still claimed that he
owed them s6.40. About July, 1916,
he borrowed from the same concern
81, on which loan he paid S1.25 eacn
month, and on June 9th, 1907, he
made affidavit that the company
claimed that he still owed them So
25 on this loan. A card was lefC at
his house which he attached to MS
affidavit, as follows:
"William Brown: have waited on
YOU as long as can, and you DO not
try to come up to your promise. NOW,
if you don't pay me at once l am go
int to come right down on you"
Charlie Edwards, who lives at ~
Drake street, borrowed from L. "a
trick, according to an affidavit oe-
fore Notary Public Albrecht on June
27 of the present year the sum OF 80,
on which he paid $3.50 interest for
five months, and then paid the orlgl-
nal loan in November, 1905. In all
on this loan 1 paid him S14, prlncl-
nal and interest" In November,
1905. Edwards borrowed from the
same concern the sum of So ana
maid s1.40 month interest from the
time of the loan until the making OF
his affidavit last month. In all l
have paid him $40, and ne stlli
claims that I owe him the sum OF
s4.40. He gives no receipt ana l
sign a blank mortgage.
Lizzie Whitaker, living at 20
America street, borrowed IS from
the Southern Loan and Investment
Company, in May. 1906, on which she
Maid interest at the rate of Sl.SO a
month up to May 24, 1907. In oroer
to secure this loan she gave a mort
gage on one sewing machine, one
stove, mating and one wardrobe, Oh
the aggregate value of sS9.
Enos Brockington borrowed 81
from the Globe Security Company
upon which ne paid $3.50 interest a
month. =. n1,:,
A colored woman living in ST. Phil
in street borrowed IS on April or
10. She still owes the full amount
advanced her, although she has oeen
paving so-called interest at tne
rate of $40 month. -
Another colored woman, living IN
South street, borrowed SO from the
Empire Banking Company IN Maacn'
on which she was charged 50