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A PROGRESSIVE NEWSPAPER DEVOTED TO THE UPBUILDING OF AMERICAN HOMES AND AMERICAN INDUSTRIES:
BURLINGTON, N. C, JULY 30, 1913,
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^ arrangements
of Carder)]o'' F.
Coffiing'.
the f ari"
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term of from 10 to 14 years
January, 1906 and beg’ari
serve his sentence in the
Prison at. Charleston.
In September, 1911, he became
serioupiv'ill and was removed toi tomorrow atternoon or even-;
the State Farm here. - 1orothers fromj
A native of North Carolina, ipehmoed, Va,and Dpville, who!
Carderiio Flavius King began his i been notrtied of his ^ death
financial operations in Boston in j at the home of Mrs.
1904 Through extensive and i
.unique advertising, he attracted' ^was reiTiOvea to Bos-
raany investors to his office and I tf'* State I'arm at
also did a big business bv mail, ithi.s_ evening and
.„.,MHif. COUNH KEEPMlill EVE
, Tr,™„n||,£ .j lt|£|ijjjp|)
CARDENIO F. KING,
From One of His Latest Photographs.
mki ATTACH
WITH HIM
EN
AT
im AT STATE FARM,
L[!
CABEE
CONVICT
Eupon she bej j
|cl began to cr,/|
K coupied vvu^’
litarealso^
fontributea
iir>t. Her
Iff and she
per |ranan‘iC>t.'
Lrtman,
bd Foif^oninjr
-fi-! r>‘i(i renJt!
;u;Ai.iNO
, '-I'd
Bridgewater, July 2h—A spec .
tacuiar career was ended arkJer
pathetic circumstances today
when Cardenio P. King, once
vvideiy known as a financier
and newspaper publisher of. Bos-
■on, died a convict at the State
Farm here in the very hour
'that his friends, aware of the
approach of death, were making.
M'crate efforts to obtain a par-'
-i(n for. hiin.
Only ,. legal tecknicaiity stood
'che v/ay of making Kii^g’s
|ast h')urs those of & free man,
i‘’3fd that .King’s condition w^as
hopeiess Vv'as sent to Gov. Foss
Boston this morning' and soon
aii*a'',¥ards Mrs, King and their
■ on;-, who were at the bedside of
dying man, received the
Jie'tcome 2nissage that the Execu-
'i've would intervene,
A few hours later a telephone
'S'j -from the Stat« House rsepor-
■'id that the Governor had ■can
vassed the members of his Goun-
by telephone and ihat seven
the eight had consented to
-‘•nnediate clemency.
, Kmg, who kne ,v of the efforts
[■‘.pis behalf, brightenedpercep-
?J, the news. He was not
io;(j of fhe word that followed
■ij-’ickly. Atty, Gen. Swift hav-
‘‘g been consulted by the Gover-
gave the opinion that apar-
not be leg^ally granted
phone. Still later,* a tele-
brought the assurance that
^J'^nion would be given at 10
tomorrow morning when
■'-ouri^eil was called to convene.
Emerson of the State
,hurried to the hospital
;*'! the news. When he had
';,^'^‘-!rn(;d,to his office King was
, death was expected from
JTi. v/hen Dr. E. B. Emer-
the medical director, was
r^‘ ,*\^'"?ed his bedside. Late
1^,; there appeared to be
I;. f’^testinal obstruction. Dr.
says:
uon! a deplorable complica-
-'hernia, of the character
which Mr. King was
* with It was a condi-
^'^:ch was inoperaible for
Or.
years back.'’
Dr. Emerson, assisted by Dr.
B, B. Kasson of the prison side,
administered to the patient’s
comfort and immediately commu
nicated with his wife, Mrs.
Mollie King of 124 Winthrop st,
Winthropu
She arri ved at 8 o’clock accom
panied by iher sons, Henry CL,
Ralph M. and Frank D. of Win
throp Another son, G. F. Jr.
of Springfield arrived «arly this
afternoon just before his father’s
death. Friends of the famly^
Dr. and Mrs. G. Stedman of
Bridgewater, were also present
when the end came.
Before 7. a. m. Dr. lineoln
Davis and Dr. E. H. Risley of
the Massachusetts General Hos
pital arrived, an after a consul
tation on the case declared it in
advisable to operate. They ag
reed with the diagnosis of this
very unique and serious hernia
case, made by the late Dr. Maw
rice H. Eichardson, w^ho stated
the treatment Dr. Emerson had
given was the best possible.
King it is stated, was opposed to
an operation, and his wife and
sons were willing te leave the
settlement of the matter to the
physiieians^ jtidgement. When
th« family arrived they went
immediately to the large Conner
room in the prison hospital where
he was receiving treatment.
Supt. Biaekstone commanicated
as soon as possible with the State
House, urging immediate action,
that King might die as a pardon
ed or even as a paroled man.
During the day there was a
flood of telephonic inquiries for
King’s condition. Friends of
the former broker in many parts
of the State phoned the State
Farm, and one of the sons passed
much of the day in the telephone
booth answering these inquiries.
Death came almost sudden tJy at
3:55.
Arrangements were made to
have the body cared for by a
local undertaker a»^d it was tak
en to Boston on the 6:18 train.
The family accompanied the
body on the train.
King was know'n as a patient
sufferer and bore up nobly,
despite his terrible physical
affliction as well as the anguish
of being confined.
The late Dr. Richardson pre
dicted that just such a condition
as came today might suddenly
end his life. King realized it,
too. In an interview last winter.
King spoke of the chances of a
sudden death under circumstan
ces similar to tho^ of today. ^
King was convicted of obtain
ing $^2,000 lender false pretences
from 'perstjhs who had en
trusted him with funds for inves-
ment. He was sentenced to a
liabi-
as
Later he opened even more
lavish offices in New York, and
early in 1907 he began -publica
tion cf the Boston Daily Tribune.
The New York offices proved
I unprofitable, and the paper was
! discontinued after it had been
i run for several months at a loss.
Early in 1908, King’s custom.-
ers began to corriplain that listed
stocks for which they had sent
him money had not been deliver
ed. A little later it was annou-
necd that King had placed all his
property and affairs in the hands
of two trustees.
A meeting of creditors follow-
e \ King was declared a bankrupt,
and an investigation bv ihe trus
tee in Barkraptcy showed
lities of nearly $300,000 and
sets less than $14,000. i
A y/arrent for Kings arrest
was issued, but the financier had
disappeared. He was traced to
Nevv’’ York, London, Paris and
finally to Colombo, Ceylon. He
returned to Boston and surrend
ered himself at Police Headquar
ters, June 12, 1908. His trial be
gan Dec. 14, and on Dec 29 he
was convlctcd in 57 of 31 courts
charging larceny and embezzle
ment.
Two weeks after his conviction
King was sentenced by Judge
Schofield to hard labor in the
State Prison. The sentence fol
lowed a most dramatic recital, in
which King reviewed his life, hie
flight from Boston and his trav
els in Europe and Asia.
He declared that he was inno
cent of any wrong intent in any
of his acts. Later he made re
peated attempts to obtain a
pardon,.
v.'id be
or row.
taken
to Winthrop tom-
Pictoresqae Career.
^ The rise and fall of Cardenio
F. King, the financial agent and
broker, occared daring’ a com
paratively short span of years.
His activities in business life
really ended Jan 13, 1909, when,
after a trial on a larceny charge
in the Superior Cii.Tiinal Couit in
his city, he was convicted in 27 ■
courts and sentenced to State
Prison for a term of not more
than 14 year.s nor less than 10
years, the first 24 hours being in
soiitary confinement.
Las| year a determined attem
pt to secure a pardon for King
was made. He was reported
as being in very bad condition
! TH
IHE BASIS IF
FIBEM OF THE
AFTER THIS PUT
ANB GIVE TER-
W«iild Extend Pardon,
The members of the Executive
Go,u.iJcii were communicated with
by telephone and telegraph yes-
teruaj/ by Gov, Foss for the pur
pose of^ranting an immediate
pardon to Cardenio F. King.
Six of .the eight members, with
Lieut. Gov. Walch, were reached
and they were unanimous in ex
tending clemency.
The two who could not be loca
ted were Councilors McGregor
and Frothingham, but as Mr.
Mr. McGregor on Feb. 18 last
voted with Lieut, Gov. Walch
and Councilors Ham and Goect-
ing for a pardon, it was taken
for granted that he was now
favorable. Councilor Frothing
ham, although opposed to the
previous petition, was under
stood to have been in favor yes
terday.
After the papers had been pre
paired however, and Gov. Foss
stood ready to affix his signa
ture'; expressed his opinion that
the pardon secured by telephone
poll was unconstitutional; that
the constitution required the
assets of individual members.
Executive Sec. Hamlin there
upon notified the councilors that
a special meeting would be held
at ten Monday morning for the
purpose of formally pardoning
King, but when the news of his
death was received he immedia
tely notified them that there
would be no meeting today.
Sunday night Gov, Foss recei-
ed Vxcord from Supt. Hollis M.
Blaekstone of the State Farm
that the prisoner was very near
deaths door. Early yesterday
at the Governor’s earnest requ
est, Drs, Edward Hammond
Risloy of the Massachusetts Gen
eral Hospital went to the State
Farm and with Dr. Emerson of
the institutiou made an examin
ation.
Thefound that owing to
King’s weight no operation was
possible with gny degree of
safety, as he weighed about 270
pounds. Dr. Davis immediately
returned to the State House and
reported to Gk>v. Foss that it
would be impossible to operate
^nd that King could not last
much longer, probably not 24
hours.
physically, and was removed
from the prison to the State Hos
pital. The Govei’nor’s council,
however refused to grant a par
don.
For a number of years up to
February, 1907, King was widely
known in financial circles and to
the public generally as a finan
cial agent and broker. He had
large suites of offices in Boston
and New York. He advertised
extensively tha stocks of various
corporations and for a number of
years did a large business.
At one time it was said King
could write his check for $500,000
in cold a s'l and his unen u nt»«
ered realty holding represented
as much more. There were two
costly automobiles in his garage
and a large retinue of servants at
the family residence, 60 Powel st,
Brookline. In his library were
many rare and costly editions.
Suddently came financial diffi
culties and King left Boston for
four months, during which time
he traveled morethanSO OJOmi e s.
He returned to this city to surren
der to the police.
King was born upon a farm in
Rockingham County, North Car
olina, in 1867. His people were
not rich, andthere were nine ch il-
dren, two younger and six older
than Cardenio. He was 7 years
old when his father died, and the
reduced circumstances of tne
family were reduced still further
by rascally executor, who robbed
the poor estate and fled, Carden
io lived with his grandfather un
til he was 12 years old, meantime
attending a country school. Then
he became a book agent and wan
dered over the State selling the
“Lifeof Christ,” “Shaksphere”
and “The World”s Wonders.”
At the age of 15 he was employed
by the Southern Methodist Pub
lishing Comrany of Nashville to
sell its pubiications.
He continued in this employe
until he was 17, when he be
came associated with a newspapef’
published at Charlotte, N. C.
Later he became a general news
paper correspondent, represent
ing a long string of papers in the
South, East and West and then
was connected for five years
with the Atlanta Journal.
The next three years he spent
on the staff of the St. Louis Re
public, coming from there in 1897
to join a Boston evening news
paper.
Two years later he became im
patient at being on the pay rolls
of other men and resolved to
start a pay roll of his own. He
thereupon formed the Grand Eas
tern Newspaper League, and ad
vertising agency.
The prosecution of the work
of this agency would take him
over a large part of the country,
especially the West, so on the
threshold of the enterprise he
secured a sumptuous private car,
taking along from six to ten assis
tants.
The project proved to be an un
exampled success, in his private
car, King and his staff covered
26, OOO miles in nine months. He
returned to Boston with money
in his pocket, and sold car at a
price which reduced his nine
months traveling expenses toab-
People of Alamance County did you know that the Bell Telephone
Co. has gone into the Telegraph business and they own practicallf
the Western Union Telegraph Co, and they combine by the use of the
phones and the telegraph to try to put such Companies as the Pos-
tal-Telegraph Cable. Co. out of business because this Company of
fers them the Bell Company and the Western Union honest Com- v
petition. ' . - :
We have been offered by the Bell people great relief from (xm.-
present poor service if we will give therh eighteen months in whic%;
10 install an up-to-date system such as we should have had in op--
eration in this county at least five years ago, but they do not t^l
you that during these eighteen months that they have for instaUing
the new system that they propose to give you just the same pooE-
service that they have been giving.
During the days that Mr. McAdoo owned our system and for if,
year or two j^fter the Bell Telephone Co. took over our County
tem of phone we the people of Alamancei County could point witfe
pride to our most excellent telephone service. Now people did yoai
konw that the present equipments is at least 50 per cent better
than it was in those days, but if you complain now of the very
poor service that we are having, you will at once get the answrjr
that the poor service is due to the present poor equipment.
People did you know that the only excuse for poorer service ntv^
than we had in the da^s referred to above is due to the fact that
the system has about twice as many phones now as then but why
should this effect the service when they have enough extra help
make up for this. . , ; .
We tell you people that there is no reason why the phone serviee
of our county should be as poor as it is, and it would not be if yijrjj
would be active and take your complaints to the Corporation'Com
mission if they do not gi ve you good service deduct for poor serwce
from > our invoice at the end of the month and have proof ^hat dedajS-
tion is reasonable on account of poor service and the peojile
the courts will sustain you in getting what is^ justly due you.
The Bell Telephone Co. in their ^contract states that they wil
ow Nonly raise thie rate on the busiiiegs 'phone 50c as tfiey hawe
only something over 500 ’phones but as soon as they get 750 ’phone®
they will have to raise the rate on the individual ^phon^is as
now you see people they claim that an increaise in their output ssM
increase their expenses and cause you to have to pay higher rates
tEight do to tell people from the FREE STATE but it will not
do to tell this to people of intelligence and expect them to believe
it
Let every man woman and childin Alamance County keep on the
alert and see that the Bell Telephone & Telegraph Co. give theRS
the proper service during the next eighteen months especially and
after the new system comes in let see that we get the very pest
of. service.
out $500.
In February, 1901, King wound
up the affairs of the Great East
ern Newspaper League arid lookr
ed for other field to con
quer. It occurred to him that
since hehadmade a success of ad
vertising others he-might make a
success of advertising himself.
The opportunity presented it
self fourth with for it was while
in this mood that the propertis
which afterward became the bas
is of the King-Crother Corpora
tion came to his attention.
In the autumn of 1901he organ
ized the corporation. The pro
perties were supposed to consist
of oil lands,. 100 square miles in
all, located in Southwestern
Texas. Other properties in other
sections of the country areclianr.ed
to have been added as the years
went on, until in the early part
of 1907 the advertisements about
King-Crowther read like tales
from the “Arabian Nights, ”
The stock sold like hot cakes.
The price mounted by leaps and
bounds until it reached $100 a
share and more. If King’s cla
ims could be believed. At all
events, his office was filled with
customers every day, and thous
ands upon thousands of dollars
were taken in exchange for stock
in the company.
Then came the reckoning. The
people of Texas chased the corpor
ration out of their State and the
stock fell to $2 a share. King re
organized the conrpany and pro
ceeded to sell more stock to his
old customers. The customers
had some more money and they
gave H to King in exchange for
more King-Crowther;
A report given publicity by men
who examined his books stated
that from June 1.1905, to Feb 29;
1908, Kinghad'sold tHrough ; )ais
office $2,798,787 in securities, on
which his commissions had amou
nted to $597,370, and that during
three years, his income had be«!5
more than $200, 00. a year.
For a number of years before
called King, had issued a paper he
Called King^s Financial Bullett®
in which he gave his views of the
financial and investment situat
ion, expressed opinions of certaiu
men and measures and advocated
the purchase of su6h stocks as .he
was interested in. On Jan 1,
1907, he started the Boston Dai if
Tribune, announcing that it wft«
to be devoted to financial matt
ers principally.
The Tribune was discontinraeii
on Oct 25, 1997, after having
been in existence 297 days. It
was stated afterward that the
loss on the newspaper was one of
the immediate causes of Kingsi
suspension of business on Feb
1908, when he signed documents
naming Henry D, Yeaton .arsd!
Stephen A, Hopkins as trustees
of his property.
Kingth’n weVif ^o New Yo*b
for a shot.‘i time, rhp.n Niii' .'.i -
Southampton, wen t 1 L., ra ■ >
where he remained a wi.w?.. rii ,wv
proceeded to Paris. Later iis
came back^to London and teak
another ship^ vfhieh carried him
to Naples, Port Said and finally t^
Colombo, Geylon.
King returned to Boston on the
mprnihgof June 12,1908, drivinic
from the South Station to Police
Headquarters surrendered him»
self und.er the indictment charg
ing larceny which had been
found against him during his ab
sence: King was locked .up in
Charleston j£ul for several hour*
that evening, but secured bonds-
men for $^,000 and was rel^s^
Upon his return from Ceylo©
Mr. King gave to the ne wspa^pesse
a long statement in which« §»s
asserted that he never had
Ingly done a wrong to any/ on€
and th^t the only reason ^ teJit
the country was because jfie wa#
(Continued to pagf 8.)
2;.C. '
B'