VOLUME THE PILOT NUMBER 19 Is a Paper Devoted to the Upbuilding of the Sandhill Territory of North Carolina Address all communications to PRINTING COMPANY. VASS, N. C. POWER COliPM TO S- LL SONE STOCK gan n ills Power and Light Will 0 Ver Preferred Shares to Community Investors SoiViC time ago The Pilot in discuss ing lie matter of investment by the peop- concerns made the statoD’v^nt that it would not be a bad plan if ^loore county industries would offer >01110 of their securities to Moore county people, the argument being that 1110 re opportunity could be open ed particularly to small investors, and that such investment in concerns here at home would be a stimulus to thrift. The Pilot further argued that get ting people in touch with local securi ties as an instrument for saving would be wholesome and profitable, and that a local institution which has a con siderable number of local people in terested has a strong community sen timent working for its success. Although the announcement last week that the Sandhill Power Compa ny would take this step came as a surprise, the action was so logical that the surprise is not startling. Mr. McQueen w’as at once asked to give a little further ir/ormation on the sub ject and the following is substantially what he said: “Since the discovery of the many uses that could be made of electrical energy, there is no business in our country that has had a more solid and steady growth than the making and distribution of electrical energy, and where properly managed, no business has been more uniformly successful. “The growth of the Sandhill Power Company has been no exception to this rule, as you will see from the gross sales of current for the first two months of the years 1922, 1923 and 1924—which is the only time for which we can cake a comparison for three years by the company as now operated: 1Q99 1Q9^ 1 Jan. S9,449.11 $12,031.99 $15,620.29 Feb. 8,203.66 11,708.93 13,868.21 “The Sandhill Power Company serves a territory extending from Lib erty in Randolph County on the north to Raeford in Hoke county on the south, and from Pinebluff west, to Cumnock east. “This entire section is progressive, and covers a variety of interests. The sales of current by the company are largely for domestic purposes, and therefore cannot be seriously affected by adverse manufacturing or business conditions. Its income is derived from twenty-five hundred different custom ers, only two or three of which are large enough to materially affect its income. “The officers of the company are: J. R. McQueen, President and Treas- wer; A. R. McQueen, Vice-President; S. J. Stutts, Superintendent; R. L. Chandler, Secretary; A. T. Lewis, As sistant Treasurer; William C. Whit- ner, Leonard Tufts, H. A. Page, Jr., and U. L. Spence, Directors. “Every one of these men has been identified with the business interests 01 this section for a number of years, the ni^ost of them for a life time, are all interested not alone in the compa ny, out in the development in everv the entire section. The st^k to be sold is Preferred btock, at the par value of $100.00 per per share. In every way this stock takes a precedence over the Common fetock. In other words, before the holder of any Preferred Stock could lose either principal or interest, the entire Common Stock surplus, present to more than J175j000.00, would have to be lost. As tne Common Stock is practically all owned by the management, any loss pom any cause whatever would be the joss of the managers and not of the holders of the Preferred Stock. “This Preferred Stock will pay 7 per cent dividends, payable semi-an- ^ disaster should happen to the company so that the interest was not paid when due, it ^ cumulative and will have to be paid be^re the Common Stock can get either dividends or any return on this investment. The company has never tailed to make more than enough to pay the interest on all its indebted- believe these dividends will be paid promptly and in full.” PLAY AT FARM LIFE There will be a. play (comedy) at Farm life School, Friday evening at eight o’clock. Admission 25 and 35 cents. NOT A PARALYZING LOSS The Charlotte News, in its edition of March 24th, says: “Railway Loses In Fire—The en gine house of the Allegheney division, Pennsylvania Railroad, at North Oil City, was totally destroyed by fire Sunday, entailing a loss estimated by railroad officials at $55.00.” A round-house, or “engine house” of that value ought not to cause the road officials to even “sit up and take notice.” WAR OR IGNORANCE SmiES NOTHING Homer H. Johnson Tells the Ki- wanis Club Something Freedom Ring Business At the dinner of the Kiwanis Club at the peach building in Aberdeen on Wednesday, Homer H. Johnson of Cleveland, was the speaker and he gave the meeting something to think about. A subject or his address might have been a comparison between the forms of government in this country and those of the old world but pre ferred to classify it under the head of letting Freedom ring as the club had just been singing. Mr. Johnson with a few words swept away that notion that all men are created equal except that under the law they have the same equal rights as they should have. Then he pointed out that the equal rights un- (Continued on page 8) The Horse Show Next Week V t - in a The interesting event at Pinehurst next week will be the Horse Show on April 3 and 4. A wide variety o animals will be shown, in harness, under saddle, jumping, in polo exhibition, 45 classes being scheduled, with all the excite- ^Yient and inter est that goes with e performances the contests, ie show will be^ culmination of [iH sorts of exhi- '■’tions of the of trained ^iKh-class horses, "■d will include the accom- —^ i iishments of the various types of animals. The polo ponies, children’s ponies and the hunting and f'orses will be of more than ordinary interest. With 45 classes it is easy to see that about everything that can •^’2 expected of horses will be shown, and all gaits ana ^ction on the part of saddle horses, racing Worses, jump- and polo playing animals will be brought Premium list and program may be had from K. J • f J FRIDAY, MARCH 28,1924 SEABOARD READY TO NOVE PEACHES Railroad Figuring on Handling 2750 Cars This Season From the Sandhills i^yron, at Pinehurst.. Representatives of the Seaboard were in Aberdeen last week checking up on the requirements that will be necessary in moving the fruit crop four months from now. It seems to be the opinion of the shippers that about twenty-seven hundred and fifty cars will roll away from Aberdeen and vi cinity. The Fruit Growers Express is arranging to provide sufficient cars to handle shipments to that extent. The Seaboard is arranging for loco motive power and train crews and fix ing their schedules with this end in view. Increased facilities have been provided at Hamlet for icing cars. Raleigh is making preparations for a large icing plant up there, so that trains that need attention can be cared for on the edge of the city. It is not certain yet whether the greater facilities will be ready for this summer's crop but some help may come from that direction. The Seaboard is looking into the situation at Aberdeen with the expec tation that the full number of cars now estimated will have to be handled. This is nearly double that of any pre vious year in the Sandhills fruit belt. And the freight men of the roads realize that it is going to be no small task. They are planning therefore to have everything so highly organized at Aberdeen that fruit coming from south of that section will be made up into full trains at Hamlet or this side and slip on through Aberdeen without stopping to delay traffic there. This will leave the Aberdeen yards for shipments coming down the Norfolk Southern and up from the Rockfish roads together with that loaded at Ab erdeen. By a fast schedule and a quick succession of fruit trains out of Aberdeen the railroad feels confident that everything will be handled in good shape. The peach men remember the ex periences of two years ago when the biggest crop of the district up to that time was handled without the slightest difficulty, although a general railroad strike was on all over the country. That gave a confidence in the ability of the Seaboard to take care of any business that may be offered them and also in the enthusiasm of the railroad men to meet any emergency. The Seaboard employees are looked on by the peach men as an extremely depen dable railroad force. And the gener al opinion in the fruit district is that the three railroads converging at Ab erdeen are going to be good for any thing they face. Two years ago the Norfolk Southern won a lot of credit for itself by the way in which it cleaned up stuff from the orchards up and down its lines and kept a supply of empty cars at the pack houses as they were called for. The packers were rarely ever delayed at any or chard by the want of cars to load or by having loaded cars in their way when those cars should be moving out. A big job will fall on the hands of the Norfolk Southern this year as a num ber of new orchards are in bearing on that line and shipments will be tre mendous. KNOLLWOOD EXTENSION AT SOUTHERN PINES Francis Deaton has produced in the Knoll wood extension at Southern Pines one of the most attractive and valuable lot designs that have come from any of the premeditated new de velopments in this territory. He has hooked up with the streets of South ern Pines and then varied his roads through the Knollwood property in a manner that brings out all the topo graphic advantages as well as the road and street connections, nd he has given to Southern Pines an addition that is not surpassed. The street system in the new addi tion has merely turned off from Broad street and cut three or four cross streets with intersecting rec tangular streets, bringing this new contribution of Knollwood almost in to the heart of Southern Pines vil lage. The big tract of land that has laid just outside of Southern Pines has been overlooked until recently. Since Christmas a new activity has sprung up in that section and S. B. Richardson has sold over a hundred building lots, with a prospect that a big and early utilization of that part of the town is a certainty. The whole area from Bennett street in Southern Pines to Mid-Pines Club grounds has been surveyed by Mr. Deaton, and roads are already open ed through a big portion of the land, connecting both with the Midland Road and with the new road from Southern Pines to Knollwood Village out the Rhode Island Avenue exten sion. Traffic goes through this new route now to Knollwood Village and Pinehurst, and the possibilities seem that it will be one of the main travel ed routes. SUBSCRIPTION $2.00 LAKEVIEW PLANS UNFOLDING FAST Building Program for Summer Includes Several Structures and Will be Active Geo. Ross Heads Market Bureau George R. Ross, of Jackson Springs^ as indicated by the following letter, has been appointed head of the Bu reau of Markets of North Carolina. 'The letter of appointment reads: Raleigh, N. C. March 18, 1924. Hon. George Ross, Jackson Springs, N. C. My Dear Sir: I have the honor to inform you that at a meeting of the Sub-Committee, consisting of the President of the State College, the Director of Exten sion Work and myself, appointed by the Joint Committee on Agriculture, held this afternoon, you were elected head of the Marketing Division of the (Continued on page 5) SOUTHERN PINES PLANS NEW HOTEL Needs of the Community Out growing Present Accomoda tions for Strianofers At a recent meeting of the Cham ber of Commerce at Southern Pines a discussion of the need of another ho tel led to the appointment of a com mittee to investigate the matter, and R. N. Page was made the chairman of the committee. Mr. Page is not the type of man that allows talk to pass for action, and he set about to inquire into what could be done. The first thing he discovered is that the whole proposition had been approached from the wrong direction, for, he said to The Pilot, “The idea that the first es sential is money is a mistake. The first and the big thing about a hotel is a man who can carry on a big ho tel and make it a success. If we can get that man it looks to me as if we can finance the movement without more than ordinary effort.” The crowds this winter are like other winters, too many for the facili ties, and as Mr. Page says, the sole question of the future of the Sandhills is the matter of caring for the people who want to come here. When the big hotels are turning away a good patronage that is willing to pay ten o^ twelve dollars a day for accomoda tions, and when every hotel balance sheet shows the right kind of figures at the end of the season, he says money is not so difficult to enlist as might be supposed. Already there are indications that money will be forthcoming on the day when a capa ble hotel man is found who will take the house and carry it on. Mr. Page says the job of looking for a suitable man is going forward, and he is of the opinion that the prospects are good that such a one will be found, and that when he is arrangements will be made for providing the building, because the community has arrived at the point where another hotel has Be come a necessity for the further ex pansion of the Sandhills. He seems to think the outlook is promising. The plans for the development of Lakeview are unfolding rapidly, and indicate a big revolution over there this summer. Already the fine new bath house is under roof, and it is a pretty fair evidence of the character of the new Lakeview that is about to arise. The new bath house is of two stories, with a substantial brick story, and large rooms for various uses on the upper floor.- It is big, roomy, mod ern in all its arrangements, and archi tecturally attractive and fitting in its harmony with the surroundings. This is the beginning. On the hill immediately above the bath house men are at work on the foundation for what is to be called a rooming house. This is a big structure that will have about thirty or forty sleeping rooms, to accomodate the visitors for the summer, but it seems to be so plan ned that it will serve as a feature in a big hotel that is projected for an other year. Work will go forward in the rooming house so that it may be ready for use in the approaching sea son. This house will be available for all the year round, as it is the inten tion to make Lakeview a bigger fea ture of the Sandhill life than it has been in the past. Not much is being said yet about the big new hotel that is to be put up next year, but that is a part of the project that is entertained, and it is apparent that next year will see as much activity in the further develop ment of Lakeview as this year is to witness. Besides the buildings already under way much more is contemplated. Four new cottages will be started at once. These will be of four or five rooms, big enough to accomodate with com fort a family or group of visitors, and they will be attractive and in keep ing with the new plans. The old pavilion will be rebuilt, and the boat house will be moved, giving a longer and more extensive bathing beach and water front, which will be more fully equipped to care for the in creasing number of people steadily coming to Lakeview. A larger park ing space for cars will be created near the McQueen office building, and the old camp house will be rebuilt and re modeled, the who'e effort being to in crease both the accomodalions along that line and the gene''al attractive ness of that portion of the place. The rebuilt camphou*e will be practically a larger and new structure. A new and prominent feature will ^ (Continued on page 8) Glenna Collett Is Winner / Glenna Collett, of Providence, R. I., former national woman’s golf cham pion, came through her match in the North and South Women's Golf Championship with flying colors at Pinehurst, Tuesday. She defeated Mrs. Charles Daniels, of Buffalo, 5 up 4 to play before a large gallery. Miss Dorothy Richards, of Cleve land and Pinehurst, put Miss Rutii Batchelder, Newton, Mass., out of the competition, 4 up and 3 to play. She was 3 up at the tom. Miss Batchelder played sterling golf for the last nine holes, but the best she could do was to halve all of them.

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