Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-12-22
SOUTH CAROLINA NEWS.

SOUTH CAROLINA NEWS.
- Charleston News and Courier.
Sunday: Confederate veterans In all
parts Of South Carolina will be inter-
ested to know that orders have been
received placing Gen. Zimmerman Da-
WIS., of this city, in command or the
United Confederate Veterans In this
state, succeeding Gen. Thomas Carwlle,
who died last week at Edgefield. The
order comes from VIM. E. Mickle, ad-
jutant general. There was no braVer
soldier in the Confederate army than
Gen. Davis, none more loyal, none who
saw more service. He served In the
Confederate army from December 1860.
until April, 1865, the entire period OF
the war; He was private In the
Washington Light Infantry from De-
cember, 1860, until April, 1861, then
successfully third lieutenant, from
tain in the cavalry and served as such
from 1852 to 1864, when he was pro-
NOTED colonel Of the Fifth South Car
olina cavalry, Buffers brigade, Army
of Northern Virginia, serving as col
onel from October, 1864, until the close
Of the war. He has been brigadier
general OF the 1st brigade OF the South
Carolina division of the United Con-
fedelate veterans for the last seven or
elRHI years, UdNluS DCCh ClCSbCu
nually by his comrades Of the state.
Gen Davis, in his General Orders No.
/, issued yesterday, places Col. q. r.
Brooks of Columbia, in command OF
the First brigade.
- Columbia special Of December 10.
to Anderson Daily Mail: Revelations
are still coming out about the Semi
mole. The attention of Manager Coop
er of the Southern Life being directed
to a discrepancy Of over $4,000 be-
tween what was claimed to have been
sent on from here and the amount
Cooper accounted for as having been
received, Mr.. Cooper has sent Com
missioner McMaster this exhibit" to
be incorporated in Cooper's report.
1.-The treasurer Of the Southern Life
Insurance company was only paid
S302,285.I2 I'm settlement for the $780,
900 stock instead Of $325,000. The for
mer amount was accepted because the
executive committee instructed the
treasurer to close the deal on the best
possible terms to the company, leaving
the matter in the hands Of the treas
urer as per resolution Of the executive
committee" The question Is who got
the twenty-five thousand. Trustee
Clark when asked about the matter
said he could not get up any more
shocks over this matter. He showed
receipts from the Southern Life peo-
pie for $97,92S.S7, and said the remain
der Of the first payment Of $l62,500 was
to be sent on from Laurens by Gar
lington. He said that just as the deal
was being closed here, Mr.. Hebert and
Mr.. Darlington being present, Mr.. Gar
lington said he lacked ten thousand
dollars Of having enough cash to COM
plete the cash part Of the deal. Mr..
Darlington said he had plenty Of notes
but needed this much cash to COM
plete 1t. The trustees then arranged
to let him have $4,000 on the security
Of $4,000 worth of notes. Each Of the
local trustees deny most emphatically
that he received or was promised any
consideration whatever for his services
as trustees. Messrs. Jones and Clark
claimed to have actually lost three
hundred dollars apiece, having taken
two hundred dollars worth Of stock
each.
- Columbia special of December 21
to Charlotte Observer: Insurance
Commissioner Young Of Raleigh, n.
c., today telephoned Commissioner
McMaster that he would be here to-
morrow for consultation regarding
the much-talked Of Seminole-South-
ern Life deal. The two commission
ers have been In correspondence for
SOUle llIIlG ONeI TIE Will q
view to paving the way to a meeting
to try to straighten out the tangle.
Mr.. McMaster has now received a full
report from the Southern Life, and In
a letter received today Mr.. Young
says he has also received volumin-
Gus report from the Southern Life.
He says he has not so far been able
to digest this; but it seems to him
that while the Southern Life has got
into a mess and has got hold Of lot
of money which it may have to return,
still he cannot see that its financial
condition has been injured; though 1t
may be hurt by getting mixed up In
deals of a questionable character.
Mr.. McMaster also has letter today
from Mr.. H. w. Buttolph, the Indiana
consulting actuary whom the Semi
mole people employed to pass upon
the value of the Southern Life stock.
He says he made no examination Of
his own, but merely passed upon re-
ports submitted by Mr.. Lacy Of the
southern Life, which he had every
reason to believe were erroneous and
misleading. According to these re-
ports the book value was III. He
told the Seminole people that $50
might be considered a reasonable
price for a controlling block If the
statements submitted to him were
true. The Seminole people finally
closed the deal at 216. Judge Watts
did not appoint a receiver for the
Seminole company in the proceedings
before him at Cheraw today. He
granted the Seminole sides request
for more time to prepare for the rule
to show cause, postponing the cases
til next Monday.