The Dillon herald. [volume] (Dillon, S.C.) 1894-????, 1910-03-03
AFFAIRS At LITTLE ROCK.
Town Now Has It's Own Bank Farmers
Making Money.

toWn NOW mas us Own BANK Farmers
Making Money.
One f the most important
events in the history of this little
town occurred when the Bank of
Little Rock was organized with a
capital stock of $4,000, putting
tbSsN"lace in position to handle its
BUSH ,ss at home, and marking
ste2Nforward that is destined to
mean much in the growth and de-
velopment of this historic place.
The stockholders are among the
most substantial men of this COM
munity, and the 500, 900 stock has
been practically all subscribed.
So anxious seemed many to own
stock in it that the incorporators
willingly consented to sell the full
amount. Mr.. J. S. Thompson,
one of Little Rocks most pro-
gressive, substantial and wealthy
planters, proprietor of a large
mercantile business, and a man of
splendid business ability, has been
elected president, which in itself
assures the success of the enter
prise. J. w. Hamer, large
planter, man of wealth and in
fluence in this section of the State,
by whose splendid business gen.
ius the North and South Carolina
Railroad was induced to Come out
of its way in order to touch here.
and who may aptly be termed the
daddy" of the town, has been
elected vice president. 1t would
have been hard to have chosen
two Or more competent men in all
this county. Besides these a
strong board of directors has been
chosen all of whom are men of in
fluence and means: ]. w Hamer,
Il. c. Sherwood, ]. S. Thompson,
M. S. Britt, D. w. Bethea, T. B.
Huggins, ]. E. Norton and L. A.
Manning. Few new banks can
boast of so auspicious beginning
with so rich country backing it,
so many substantial men on its
board of directors, such compe-
tent men at its head. A commit
tee was appointed to secure build
ing in which to open business and
make all arrangements for employ
ing competent cashier, and ether
wise getting everything under
way. Soon everything will be
opened and one of the most sub
stantial banks of the State will
have begun its business.
To those who are not familiar
with this section of the State it is
difficult to present picture of it
that will adequately describe it.
There is only one other section of
South Carolina to compare with
it, and that is Marlboro, of which
section this i S really part.
There are hundreds of acres of
land that will make bale of cot
ton to the acre and over, great
streches of slightly undulating
fields that are veritable gold mines
renting for IS to even $12 per
acre, worth in the open market
from $75 toS1OO an acre, and not
for sale at any price. This does
not mean that the landlord alone is
making money. A negro on the
farm of one Of the community's
largest planters cleared over 81
500 this year; a white renter clear
ed over two thousand dollars; and
another renter made over $1,000
above his expenses, and that, too,
after paying from tour to six bales
of cotton per horse rent. Intelli-
gent farming has brought this
section to a very high state Of cul-
tivation, and there is plenty of
money in the county.
The Rev. R. E. Stackhouse,
presiding elder of the Marion dis
trict, and an old resident of near
here, has been most heartily well
coined by the Methodists, in fact
by all to this field of labor. He
preached at St. Paul's last Sunday
week, holding the Quarterly Con-
ference on Saturday. Splendid
reports were made. The salary
of the pastor was raised, a good
percentage was reported paid, all
mission claims were paid in full
aad the church is now preparing
to take steps towards repainting
sa. otherwise getting in shape for
IA "horne-c0uinp' n ADril