The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-08-27
Greensboro Has Courage
to Go Forward
TEN THOUSAND A DAY
Real Estate Transactions Run Up
Into High E1gures-Adafns
Crowd Soothe the Disgrun-
lied Whiskey Distiiier>.
nv ANDREW

BY ANDREW
y. c. Aug. IA care
ful examination into the amount or
capital invested in new Industrial
plants or the enlargement Of old ones
at Greensboro for the seven months
OF 1907. or to August first. shows the
. enormous total or s2,l32.ooo. While
this total Is necessarily lacking III the
full amount invested by reason OF I'M
perfect means OF getting absolute sta
~tistics, IL Is approximately correct
This means. that for every day OF the
year. new capisal to the extent Of $lo.-
500 has been invested here in cTea-
tive enterprises that give employment
at good prices to wage-earners, be-
sides greatly the value or
raw material.
Mr.. ]. S. Kuykendall. the admirable
secretary OF the Chamber OF Com
merce, has tabulated the number or
deeds for real estate recorded In the
Register of Deeds office for the past
seven months. The total humble is
ton of $9aS.413. indicating the
largeness of the real estate transac-
tons, these deeds when dissected. show
that thev are for the fo,l9w snn
81 from $4,000 to $4,000. FL from
$4,000 to $4,000: IS from $4,000 to
$4,000: II from $1,000 to $4,000; 5
from $40. 000 to $4,000, l for $50.
900.
In addition to these recorded deeds.
there is one well Known transaction
which is not yet on the records. this
being the sale of the City National
Bank building to the Dixie Fire In
surance Company, at the reported
price Of 500, 900. With this sale on
the books the total amount of money
exchanged in real estate transaction
here for the past seven months would
make a total of considerably over q
million dollars.
Strictly a Game of Politics.
Strange as it may sound, the publ
cation in The Jews and Observer this
mornin- of the recent visit of In
ternal Revenue Commissioner Capers
to State Chairman Adams. and the
intimate and public consorting of
these high Republicans with a noted
whiskey dealer and distiller, was the
! occasion of another revelation from a
cr~editable Republican. This gentle
man said there was no doubt in the
world about there having been some
sort of a truce patched UP between
the whiskey dealers and makers and
the Republican organization and that
the sending of a new man here as
Revenue Agent, a close political COM
panion Of the commissioner from
South Carolina, was intended as n
DltU26 Oh III hCCpils VI III uCc.
He says that 1t had become known
that with such men as Dockery,
Blackburn and Harkfns were fighting
| the Administrations plan to capture
the North Carolina delegation to the
National Convention next ear. The
plan was hit upon to capture the dis
gruntled whiskkey men who had been
SO vigorously prosecuted. He saws his
feat has been accomplished. and it
will leave the insurgents without a
strong following.
Toxavay Hotels Bankrupt.
United States District Judge James
E. Boyd today filed an opinion in the
celebrated case Of the Toxaway Hotel
Company, This was a proceeding
brought by certain creditors to have
the adjudged bankrupt.
and has been the cause of extensive
litigation. Application for the bank
ruptcy application was resisted by the
company on the ground that a hotel
company under the bankrupt act could
not be so ~adjudged. In an elaborate
opinion, Judge Boyd holds that the
Toxaway Company is liable and is ad-
judged bankrupt. This
which kept the Toxaway, Franklin,
Sapphire and Fairfield hotels in Tran
s~yfvania and Jackson counties, known
all over the world now as n '~lovely
Sapphire Country of Carolina" went
out of business. in 1906, indebted to
the extent Of several thousand dol
lars to produce merchants, grocers,
dealers in liquor, and general mer-
chandise. running several years, bars.
etc. Upon going out of business the
company sold its entire property. and
transferred the proceeds of the sale to
Blumenthal & Brickard, large liquor
dealers of Atlanta, Ca. and stockhold-
ers in the Toxaway Company. on be-
half Of creditors, amounting to over
$4,000 j. G. Martin and R. w. Whit
son. of Asheville. and w. w. Zachary,
Of Brevard, filed an application last
year for involuntary bankruptcy, so
that the proceeds of this sale might
be applied under the bankrupt law to
the payment of all debts, instead OF
to the cancelling of the debt due to
the Atlanta stockholders. The Tox-
Attorneys Davidson. Bourne & Par
ker, of Asheville. The hotels are be-
ing run now witt reported financial
benefit by another company who has
obtained the lease Of the Toxaway Ho-
tel Company. It seems that by carry
ing on the business of merchandise.
saloon keeping. boat hiring. black
smith shops, etc, the hotel
which sold out to one of it's own stock
holders, and then assigned the mr.
chase notes to one creditor, who was
also a s~tockholder. made itself amen
able to the bankrupt law, which does
not apply to hotel keepers per sc.
The case is a very important one
1iCiiI NA1s1 poiAAN IA NIIN dsty WHICH has
never been before passed upon. and
an appeal Will no doubt be taken nv
the p from Judge Boyd's de-
ciSion.
Four Lawyers i'm a Guinea Case.
Before Squire Glasscock yesterday.
there was a big trial on a warrant Sc
cured by Miss Lydia Newman against
r. L. OZement. the difficulty originat-
ing in Clements effort to enforce the
chicken law He shut up two guineas
~peionglng to the lady because they
were scratching up his garden and re-
FUSED TO deliver them until damages
w>re paid Only four lawyers were
engaged in the case. Messrs. Brad
shaw and Sherrod for the prosecution
and Messrs Scott and Mclean for the
defense. 1t was too much of a mud
died case for the presiding justice to
decide on-hand, so he took an adver-
sari.
Three Scholarships
Mrs. j. G. Broadnax. of Greensboro.
chairman of the educational commit
tee, Western section T-njfoa Da,~L-