The herald and news. [volume] (Newberry S.C.) 1903-1937, 1909-07-02
THE DISPENSARY FUNDS.
Commission Redistriburing it to
Banks Over the State.

Columbia. June 29.-Although no
official statement was given out from
the meeting Of the dispensary wind
iuo-3u commission. which WAS held
here to-day. il Is learned that the
banks of Charleston will be given
$4,000 OF the funds received from
the local banks if the banks Of Char
]eston 50 desire. DR.. ". J. Murray.
chairman Of the commission. stated
tonight rhat the matter has not been
settled, but that this is about the
amount which the banks in Charles
tor Will be offered.
He also stated that the entire
a1nount would be divided among Al
least forty banks Of the State. y
statement, confirmed by at least one
member of the commission, is that the
Bank Of Rock Hill Will receive $lO,-
coo. and the National Union Bank
Will get $4,000, and that Chester's s
amount will be brought up to the
$4,000 mark.
DR.. Murray stated tonight that the
allotment is by no means complete
yet. It is stated also that the COM
mission will look very carefully into
the matter Of collateral.
There has been a great deal Of con-
oealment in regard to this dlstrbu-
ton Of the banks funds. The origl-
nal resolution adopted by the commits
sion Withdrawing certain amounts
from the local banks has never been
given to the public, although some OF
the commissioners wish it to be made
public. But its contents were prac'
tieally understood by the action taken
bv the local banks after its passage.
To-day:s session of the commission
was executive. and when DR.. Murray
was asked for statement by The
News and Courier correspondent, I'M
mediately after the meeting this
morning, he said there was no state
ment to make. He, however, confirm
ed the statements given above.
Nh. Brice, Of the commission, is
ouoted as saying: II don't see any
necessity for all this attempt at Sc
crecy on the part Of the commission"
Said Mr.. Brice: This is not any prl-
vate concerns business. It is the
States business and the public is en-
titled to the facts. In Ny judgment
the resolution adopted at the former
meeting about taking the money out
of the Columbia banks should be pub
lished." @taM
The local afternoon paper is au-
thority for the following from MI. T..
K. Henderson, former member OF the
commission:
taking the deposit from the Bank
of Aiken,'' said he, ''was clearly
piece of spite work on the part, prln-
cipally, of Mr.. Patton, Of Greenvllle,
to punish me for accepting appoint
ment from Judge Pritchard as re-
oeiver. In a recent interview at
Greenville Mr.. Patton said that mon
ev was taken from Columbia banks
to punish them for a conspiracy he
saws was Matched among Columbia
banks to resist payment Of interest
while the money was under inJunc-
ton. / noticed that he gave no rea-
son for taking the money out OF the
Bank Of Aiken"
Mr.. Henderson showed list OF the
collaterals his bank had put up, and
which he got from the State Treas
urer to-day. These consist OF 100
shares of stock in the Bank Of Barn
we'll, worth two for one, he says; 4Oo
shares Of the Bank of Granltevllle,
par value S25, but worth one and
half for one, and real estate bonds
for $500, total of $3l, ,2OO,' quickly
convertible into cash. +"
Mr.. Henderson. could not be seen
this afternoon in reference to th2s,
but a member Of the commission con-
frmed the above. L. NJ. G.
A =. R0vSTER'S TRAGIC DEATH.