davidaulloa/AmericanStories huggingface dataset:
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
FRIDAY, AUG. Is, 1888.

W. 50 #. with Salisbury Ave. TO
the beginning, being lot No. Six
(6) on Henderson and Wander
lords plat Of the town Of spec-
Ger, Block B. For further refer
ence to title see deed Blk. ia, ..
81 and deed Blk. 127, p. ~ in
office OF Register of Deeds Rowan
County.
End Tract; Beginning at a stake
on the northwest side of Salisbury
Ave. corner to Nussman's LOT M
6 and 200 #. from the West car-
ner OF the intersection of Salisbury
Ave. and 18th street, and rms
thence with Nussman's lot No. &
North p deg. 80 min. w. 1914 f.
to a stake on alley, corner to lot
No. 6; thence with alley N. Sc
deg. 20 min. E. SO #. to a stak.
corner of lot No. 8; thence with
the line of lot No. S. % deg. 80
MIN. E. 1874 it. to a stake on Sal
isbury Avenue, corner to lot No.
8; thence with Salisbury Ave. S.
&c deg. 20 min. w. so #. to the
beginning, being lot No. 7 Block
B. Henderson and Vanderff
plat of the town of Spencer, N.
Z. For further reference to title,
see deed bk. 122, p. sos, deed bk.
l27, P..17S in office of Register OF
Deeds for Rowan County.
Third Tract; Beginning at the
South corner of lot 80, Block B.
40 #. about S. w. from 18th
Street on alley II #. wide and runs
thence with alley about South Sc
deg. 20 min. w. 100 #. to corner
OF lot 25-on two alleys; thence
with alley 20 #. wide about North
p deg. 80 min. West zoo #. to-
corner Of lot 70; thence with line
of lot 20 about North Sc deg. 20
min. East 100 #. to corner of lots
% and 81; thence about South ,:
deg. 80 min. East with lines of
lots Sc, IS, "a and 50, two hume
red feet to the beginning, being
lots numbered Is, 26, u and rs,
Block B. Plat of ]. S. Henderson
and T. H. V%anderford of town of
Spencer, Salisbury township, sur
veyed and plated November, 1897.
For further reference to title see
deed bk. 135, p. 259 in office of
Register of Deeds, Rowan County.
This 21st day of August, 1885.
D. S. SICELOFF, Mortgage.
McCrary and DeLapp, Attorneys
Aug. 25-Sept. IS.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
SALE OF REAL ESTATE UNI
DER DEED OF TRUST.

By virtue of the power of sale
contained in a certain deed of trust
executed November 18th, 1924 by
and between ]. A. Siceloff and
wife, Ella C. Siceloff to Jas. E.
Williams, Trustee, which appears
of record in the office of the
Register Of Deeds for Rowan Coun-
ty, North Carolina, in Book "a,
page 227, and default having been
made in the payment of the note
secured by said deed of trust, and
at the request of the holder Of said
note, the undersigned substitute
trustee will sell at public auction to
the highest bidder for Cash at the
Courthouse door in Salisbury, N.
c., Rowan County, at II o'clock
noon on the 10Th day of Septen1-
Der, 1888, the following describ-
ed lands;
First Tract: Beginning at the
North corner of the intersection of
Spring Hill Ave-, and Rowan Ave.
and runs thence N. 58.5 deg. E.
with Rowan Ave. 1872 feet to j
stake in the old Henderson and
Lanier north and south line; thence
N. rs deg. East with said line
650x it,, more or less to the stone
corner; thence S. 1915 deg. w. 484
#. to a stone; thence N. rs deg.
E. 400 #. more or less, to Spencer
Ave; thence with Spencer Ave. S.
5S.5 deg. W. 800 #. more or less,
to E. corner of intersection of
Spencer Ave. and Spring Hill Ave-;
thence Spring Hill Ave. about S.
sos deg. E. 100 #. more or less,
to the beginning, containing 7 and
As acres, more or less and being
lots numbered l,2,3, on Miller's map
Of John S. Henderson, surveyed July
s, 1915, and being part of blocks
204, 2O5, 2O6, and 1874 of the
town of Spencer, Spencer Ave,
Iredell Ave-, Carolina Ave, and
Eleventh St. of said town of
Spencer to be always kept open.
Second Tract: Beginning at the
corner of lot NJ. $ in the Hen
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
NOTICE OF SALE OF LAND
UNDER

Under and fby virtue of the
power of sale contained in a GER
tain mortgage deed executed Janu-
airy 18th, 1926 by and between
J. A. Siceloff and wife, Ella P.
SiceIoff to D. S. Siceloff, which
appears of record in the office of
the Register of Deeds for Rowan
County, North Carolina, in Blk.
No. SO, p. 315, and default having
been made in the payment of the
note secured by said mortgage, the
undersigned mortgage will sell at
public auction to the highest bid
der for Cash on Confirmation at
the Courthouse door in Salisbury.
N. c., at II o'clock noon on the
10th day of September, 1888, the
following described real estate:
First Tract: Beginning at 4
stake on the North west side of
Salisbury Ave-, corner to the lot
of Whitehead Kluttz, No. s, $50
feet, South &c deg. 20 min. West
from the west corner of the in!
tersection of Salisbury Ave. and
Street and runs thence with
the line of lot No. 5 North 23I
deg. 80 min. West 1914 #. to al
stake, lot No. s; North p deg. 80
min. West 1874 #. to a stake on
the alley corner to lot No. ST.
thence with the alley north Sc deg.
20 min. East so #. to a stake, cor
ner to lot No 7; thence with line
of lot No. 7 South % deg. sol
min. East 1914 #. to a stake on
Salisbury Ave. corner to lot No.
7; thence South &c deg. 20 mini
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
Walt McCanIess
Local Sportsman
Buys Is Ponies

The sixteen racing horses pur-
chased by w. F. McCtnless at
Saratoga Springs, N. Y, arrived in
Salisbury Wednesday night and
were Immediately transferred to'
the stables at the Rowan Fair
grounds. Several jockeys and 4
trainer came with the horses and
will assist in breaking them in for
the races to be held this fall.
A large oval track slightly more
than half mile with a grand stand
capable of seating more than 1000
fans will make the Rowan fair
grounds an excellent place for
horse racing.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
Patterson Is
Elected Head
Rowan Mutual

F. d. Patterson of Atwell town
ship was elected president of the
Rowan Mutual Fire Insurance Co.,
che annual meeting this week sue
ceeding DR.. c.. M. Van Poole de-
ceased. c. A. Brown was chosen as
vice president, Charles R. Julian
elected secretarytreasurer for his
eleventh consecutive year.
In his annual report Mr.. Julian
showed the association without any
debts except a few current bills
and that the company had $780,
60 in the bank on August 10.
All of the directors, one for each
township, were reelected with the
exception of T. L. File and S. F.
Baker who were succeeded by John
Lyerly and Lee Misenheimer.
The board of directors is composed
of the following: Atwell, w. M.
Deal; Cleveland, c.. A. Brown;
China Grove, A. V. Sloop; Frank
lin, w. B. Hartley; Gold Hill, d.
M. Barger; Litaker, w. A. Cline;
Locke, A. ]. Cauble; Mt. Ulla, H.
L. Mclaughlin; Morgan, C. A.
Campbell; Providence, John A. Ly-
Salisbury, T. D. Brown; Steele,
Lee Misenheimer; Scotch-Irish, ].
F. Campbell; Unity, W. D. Myers.
Agents in the respective town
reported the amounts of bust
ness written during the year to
be as follows: Atwell: A. L. Rit-
chic, $1,000; Cleveland: c. R.
Wood, $1,000; China Grove: H. E.
Goodman, 1880; Franklin, R.
L. Shipping, $500; Gold Hill, J..
L. Fisher, $4,000; Litaker: P. c..
Sl4,9S2; Locke: L. M.
$1,000; Mt. Ulla: ]. Lee
Brown, none reported; Morgan: |.
C. Shaver, 1925; Providence: ],
H. Barringer, $1,000; Salisbury: Fl.
B. Heilig, $4,000; Steele, ]. R.
$4,000; Scotch-Irish: w.
H. Carter, 1855; Unity: S. H.
Wetmore, S5,l25.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
SMASH BIG LIQUOR STILL

A 5o0-gllon capacity steam dis
tillery, found by officers in lower
Grab Orchard township in Meek
lenburg county, was destroyed Sat-
urday afternoon. Moonshiners have
operated in that wooded section of
the county for a quarter of a CEN
fury Or more, and the plant was
prepared for a first-c1ass grade Of
liquor. The negro arrested is inn
plicated but as yet has not named
the white folks" who hired hin,
to stir the mash in their absence.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
BLAME PROCESSING TAX

BLAME PROCESSING TAX
Closing of one North Carolina
textile mill and the threatened shut
down of five Others are due, it is
claimed by some, to the processing
tax of 40 per cent on cotton
goods. Officials are now looking
for an antidote for the trouble and
to find means for remedying the
claimed stagnation of orders.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
G Theft

William Tee, negro, was arrested
in Greensboro when he endeavored
to sell a shipment of shirts at a
ridiculously low price. When of
ficers investigated the case they
found that Tee under an assumed
name had shipped the shirts from
Lexington to himself at Green's
boro. The shirts had been stolen
from a Lexington firm.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
WHEAT GROWER GETS
THE CREAM

Pullman, Wash.-Henry Travis
spent many hot days tilling his
wheat land this spring, but now
he can cool off.
In a competition his wheat test
ed high, contained no smut and
brought a yield of 81 bushels to
the acre. Pullman grain growers
presented him with three gallons
of ice-cream.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
NEW ISSUE OF SCR

Guilford county commissioners
have declared themselves in favor
of issuing the proposed second
100000 of scrip, and a number
of leading business men in all parts
of the county have pledged them
selves to the issue. This in face of
the fact that there is yet some of
the first issue unredeemed.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
PRESENTS HIM
WITH COW AND CALF

Parker, Colo.-While other
ranchers viewed their damage from
the Castlewood Dam flood, E. A
Couppirt found he had gained a
COW and a calf, tossed into his pas
lure by the waters.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
GOBBLER ROUTS HEN
TO SIT ON EGGS

Bethany, Okla.-A turkey COB
bier has decided to set on a bunch
of eggs after he Matched one
voungster from a lone egg. PROUD
of his first success, he chased a tur-
KEY hen from a nest of four egg:
and remained on it since.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25

KING HAS MEASLES
King Carol of Rumania is re-
ported as being confined with an
attack of measles and influenza.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
KILLED IN WRECK

Mrs. C. Eugene Neisler, of Kings
Mountain, N. c., was killed and
four Others injured in a collision of
automobiles in Fairfax county, Va,
as the party was en- route to New
York CITY. Mr.. Nesler, whose in
juries were moi regarded as serious,
is president cf the Neisler Mills at
Kings Mountain.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25
UNDERGOES
HIS 18TH OPERATION

Quincy, Mass.-1van Mills, a
sign painter, recently underwent
his eighteenth operation in twenty
years.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-08-25

Buy in Salisbury
Evening star., 1933-06-02

fornia. Secretary william Woodin OF
the Treasury Department, Norman II.
Davis, American envoy at the Geneva
Arms Conference; Harvey Couch Of Ar
kansas, member of the board OF the
Reconstruction Finance Corporation;
Owen D. Young and Newton D. Baker,
both Of whom were dark horse" can
didates for the presidential nomination
year ago; John j. Raskob, former
chairman of the Democratic National
Committee, an Office he held in 1929;
Frank L. Polk, Undersecretary Of State
in the Wilson administration.
RepublicanS-The late President CAL
vim Coolidge (after he left office); As
sociate Justice of the Supreme Court
owen D. Roberts before he was ap-
pointed to the bench): Senator Kean
Of New Jersey; Charles D. Hilles, Re-
publican National Committeeman for
New York; Henry w. Roraback. Repub-
lican National Committeeman for Con-
necticut; W. W. Atterbury, former Re
publican National Committeeman for
Pennsylvania; the late Dwight W. Nor
row, Ambassador and Senator and for
mer Secretary of the Navy Charles
Francis Adams.
The Morgan partners argue that If
they were out to buy favors of men
in public Office, they might well have
included lot of public men, or po-
tential public men, or one party or the
other whose names are not found at all
in the Morgan lists. They were not,
they say, looking for public men, but
for investors when they made their Of
ferings Of stock.
Evening star., 1933-06-02
BUCKLAND REFUSED
OFFER OF MORGAN
Chairman of New Haven
Board for Ethical Reason
Turned Down Proposal.
nv the Associated Press.

BY the Associated Press.
E. @. BuckIand, chairman Of the board
of the New York, New Haven & Hart
ford Railroad, was the man Ferdinand
Pecora referred to as refusing for an
ethical reason to become select Nor
gan customer in one issue of stock.
Pecora. counsel for the Senate inves-
tigating committee, said so today after
it had been disclosed yesterday that
Buckland had declined suggestion
that he buy United Corporation stock
at bargain prices, although his name
has appeared on Morgan's Allegheny
and Standard Brands, Inc, lists OF IA
vored buyers.
Buckland's reason for turning down
the United Corporation offer was set
forth in letter to Arthur M. Anderson,
Morgan partner, on January Is, 1929.
The letter follows:
Dear Arthur:
"I appreciate very much your tele-
phone suggestion that I subscribe for
and purchase shares of the new corpora
ton organized to acquire q substantial
interest in public utility corporations
furnishing electrical energy.
"I understood that one Of those cor
porations is the Connecticut Light &
Power Co., with which my company has
a contract.
I'VE are about to open negotiations
for future dealings with this company
in regard to power requirements, ana
I feel that ought not at this time to
consider any investment in its securi-
ties or in securities Of any corporation
which may exercise a directing in
huence.
This may seem to you leaning over
backwards, but, excuse the paradox
feel more comfortable in that posture
Just the same, appreciate your having
brought this to my attention
Evening star., 1933-06-02

participants were interested through
stock holdings or flnancing?"
Whitney replied that would be an
accurate statement If confined to the
IS stocks in which there was most
trading
But that had nothing to do with
the selection Of the securities" he
added. They were among the most
prominent stocks on the market and
were pivotal or key stocks. We were
trying to make order out Of chaos"
He was smoking more constantly and
was answering some questions almost
before they were uttered.
The senior Morgan partner now and
again leaned forward, his eyes jumping
back and forth between Pecora and
Whitney.
Pecora asked II between October "a
and November IL, 1929 there were
violent fluctuations" in the market.
Fluctuations downward In q success
sion of breaks" Whitney said as the
audience laughed.
Often Morgan seemed to approve
Whitney's swift replies with a paternal
smile.
There were q number of precipitate
drops?" Pecora asked.
THAT is very accurate" Whitney
said. we sought to overcome mo-
bid market. In those days We had
come to look for the hours Of l1:i5
and 2:l5-the times when brokers
check margin accounts-with a great
deal of anxiety"
whitney said the accounts orders
to buy were placed by his brother,
Richard, and Warren B. Nash, treas
urer of the exchange.
"They distributed 1t to the brokers
in their discretion" Whitney said.
Lamont Is Called.
Pecora asked If any Morgan partners
were directors in any Of the. security
companies participating in the opera
tions.
mo, sir"
Questioning brought out that Morgan
partners were on the boards CT the
Guaranty Trust and the Bankers
Trust, whose security afiiliates were in
volved
| Whitney said that about the time Of
! the operations, brokers leans exceeded
Ss.000, ,oo0, 900.
THE bulk Of this was 10 the account
Of others,'p he explained.
These out-of-town sources began to
withdraw their loans. In most In
Evening star., 1933-06-02

stances the New York banks took over
the Withdrawals. These loans to 'ac-
counts of others were the most danger
GUS thing of all.
We didn't have a large investment
ourselves in the call market. MANY
other houses did. I think today they
are not sure they will do 1t again"
PARTICIPANTS in the suspense opera
tions assumed big risk?" Pecora asked.
Yes, sir. But think the belief held
by every thoughtful person in New York
was that If some action was not taken
the losses would have been greater than
the risk involved
Pecora had detailed to Whitney the
stocks in which the account traded and
asked whether Morgan had any interest
IN each one. He asked the same ques-
tion with regard to other participants
in the account.
He named American Smelling g. Re-
flning. American Telephone & Tele-
graph, United States Steel, Anaconda,
Santa Fe. Baltimore & Ohio, Bethle-
hem Steel Chesapeake Corporation and
Columbia Gas & Electric among others.
Whitney had said his firm was con-
nected with some and that 1t would be
unusual" If some of these banking
houses did not have relations one way
or the other with the stocks traded in.
THE fact that the participants in
the operation also had an interest in
these 81 corporations was purely a
coincidence in the matter of their
selection of stocks used in the ac-
count?" Pecora inquired.
Coincidence is not the descriptive
word at ALL" Whitney replied. There
was no effort made to buy stocks with
which there was no relation nor was
there any effort to buy with which there
was a relation. They were chosen
purely as the most effective way of doing
the operation"
When did the liquidation end?"
"I believe in March"
Were values maintained at that
time?"
"At a low level. The panic was
stopped"
completed obligations In the suspense
accounts" Pecora asked.
Yes, some two months after"
You have been depositaries for quite
a few foreign governments. have ypu
not?" Fletcher asked
"A few" Whitney replied. -
Are those time or demand aeposits7"
Both" the witness said. -
Evening star., 1933-06-02

How many governments are you
fiscal agents for?"
With the exception Of Belgium,
none"
Back in 1919 we, with the Guar
anty Trust Co., entered into such an
arrangement with the Belgian govern
ment. 1t is tern1inable on 30-day no.
tlce. We have not acted on 1t for
many years"
Fletcher asked him what responsible
ity Morgan had toward the public on
bonds they sold publicly.
I'VE seek the greatest possible pub
licity, all available information about
the ISSUE" Whitney replied. I'VE try
to see that the conditions under which
the bonds are issued are lived up to-"
Lamont Given Time.
Pecora asked If he regarded the law
preventing bankers from sitting on the
boards Of railroads they were financing
as wise"
No" the witness replied quickly and
briefly.
Then you would consider 1t equally
unwise for congress to enact a similar
law respecting utilities generally?"
THE reason for my answer Is that
banker selling securities has def
mite responsibility to the people who
buy these bonds, and 1t does no harm
to any one If the bankers are allowed
to sit on the board as representatives
Of the security holders"
After Lamont was sworn and said
he had been a partner since December
81, 1928, Pecora read a list of stocks
and asked Lamont If he had sold them
on December 80, 1880. Davis at once
objected.
THAT is not fair" he said. mo
notice was given that the individual
gone into. don't believe 1t enters
the scope of the inquiry"
Pecora said he knew of no fixed pro-
cedure and contended the committee
could ask any questions desired.
Il don't believe any man In this
room could give an accurate reply about
such transactions without prior notice.
Davis contended.
We'll give him time to inform him
self" Pecora said
But If you go into the individual
transactions of 20 men We'll be here
until the snow flies" Davis protested.
IT submit it is not fair play. 1t was
fair to give us notice of the matter
wanted and that has been submitted
to the fullest extent possible. I insist
en- fair play"
Does the witness say he cannot
answer?" Pecora asked sharply.
This is not an orderly procedure,
Davis said just as sharply.
"If the witness can't answer" Pecora
replied, 'let him say so. I'm perfectly
willing to give Am an opportunity to
inform himself"
Fletcher interposed that "Mr. Davis
has a right to object to the question
and Mr.. Pecora has q right to insist
that he ask 1t. It's up to the chair to
rule"
He then held that Pecora might
proceed.
Pecora asked the question.
II have no recollection OF that"
Lamont replied.
Pecora then suggested the recess ito
give the witness an opportunity to In
form himself on this transaction to be
prepared to answer it fully"
This was taken.
Evening star., 1933-06-02
The Weather Man
Played Us a
dirty trick

2weeks ago the weather man threw "wet blanket
over what started out to be the sweetest Summer
business in some time. Rain, Rain, Rain and more
Rain! Now Gentlemen, weeks is long time
and covers lot of sales territory. What's more.
the Bell Stores geared to do big volume with
out any let-up Remember, volume is the magic that
brings you the finest fabrics obtanabe at Bells low
prices). So, to make up for lost time, we've placed
the kind of prices on thousands of Summer
suits that promise customer landslide. ndyou,
more value than you could ever hope for at $.95.
The border vidette., 1933-11-18
SEEK ROAD AID

Phoenix, Nov. 13.-The state
highway department asked the
federal government today for
S.. .000,O 900 to employ between L..
600 and 5000 men on emergency
work throughout the winter.
1t was the second development
of q back to work" movement
contemplated in Arizona by Pres
ident Roosevelts civil works I'D.
ministration.
Following announcement OF
the highway departmentappeal.
it was revealed an additional
amount, not to exceed $500, 900.
will be sought for . public works
program 1t several institutions.
Previously the state fish aud
game commission had submitted
plans 10 Washington for employ.
ment of at least 1000 men in q
conservation and trail building
program to be financed by the
civil works administration.
The border vidette., 1933-11-18
PRE- SENT AMERICAN COPPER
SURPLUS WAS IMPORTED

II this country had . tariff on
copper high enough to have kept
out foreign copper two years
prior to the placing of the I cent
copper tariff in June. 1892. said
Editor Charles +. Willis of the
Mining Journal, no such domes
tic copper surplus would have
existed a. the present 625 900
tons, aud the United States
mines would today benefit from
the increased consumption which
has taken place during the past
six months.
THE domestic surplus stocks
of copper Is the result OF exces
sive production shipped into this
country from low-cost foreign
countries before our govern ment
put on the present copper tariff, ,
Willis said.
1T there were only a normal
domestic copper surplus today,
the domestic copper mines would
be running at about IS par cent
capacity instead Of at only IL
psr cent" Mr.. Willis commented