Newspapers / The Charlotte Observer (Charlotte, … / Jan. 11, 1907, edition 1 / Page 6
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BANKS PAY IMG DIVIDENDS.'' 1 1 y V. oik 18 Hours Every Day and : ,vo 'ilirec Times' ft Day Their : in t U en Oihmi Ouo While Other i . :y tho Greek. Laoura at his Fruit h uuni Ho U an Everlasting Toller. "Why la H that tho Greek of thlu city prosper so well?' asked an Ob eorver . reporter ot a wholesale mer chant yesterday, r' ,';,""'v-'''''" v-'" "That ! easy," answered the mer chant. "If you will watch the Greeks you can readily see-why they make and accumulate" money. ;. They work from 6, o'clock in the morning until 18 .o'clock at night every day, except Sunday the" year round. While the average man la busy 'taking 'Chrlst lna,, Thanksgiving' or some other . holiday, the Greek boys are at their poets, aelllng frulta and confectlon tuies. Being affable, agreeable fellows they attract customers, and oace when they get their hands on a piece of money they generally keep a good lice of it. The Charlotte Greek lives thm. iimniA life: his food U substan- tlal, but plain. He lets the other fel ' low have the luxuries while he takes ' the fare of tha men of old. "Stop a minute and reflect! Do you pass the fruit stand of a Greek? i HOW often ao you miss mm : inn i he always there? If you come up town early in the morning you see him at Ms place of buslnens. When "yon go home for dinner he Is still . thm. When von return to your work ha rreeti vou with a smile. When j you paaa by at night going to the per house he Is among hl fruit - and when you pass by at midnight, on your way home, he In thi?re. In fact, he Is the first man on the street In tha morning and he In the Iat to . leave at night. Why, I look for the Legislature to paaa a law againnt the Greek, rcqulr- : lng them to keep shorter hours. "What Is there to kf p the Greek 'from making money? He works ear ly an late and novo three times a day. He wastes nothing. H rubs and groornf his fruit a the good Virgin Ian does his hunrtng horse. The Bible aald 'go to the ant thou slug gard,' but If the people of Charlotte ao not care to go to the ant let them go to John Pappendemas. "Show me a native who sticks to hla work like the Greek does his, and I will show you a man who has money In the bank. "The Greeks here are healthy, strong fellows, with plenty of energy. They do not starve themselves for the ' almighty dollar. It is hard work and thrift that counts. Some of our peo- !! could learn a lesson from the Greeks. 'The Greeks do not bring their wo men to this country, hut they send them money. Unlike the Syrian the Greek believes that his wife, or his sister, should do nothing but houne work. They will not permit their women to clerk In their stores or pert dle in the old country." THAT PERSON TOSHl M. Southern Heal iMatc Loan and Truat Compuny Declares 'ft 50 Per CVnt ; imuiciul -The) Profits of Um Other l'inuuclal Institutions. '....' ; The handsome sum of $143,000 was distributed In rash dividends among the shareholders of stock In seven of the city's leading financial institutions during jthe past year. The First Na tional heads the list of banks with cash dividends aggregating 130,000, which Is 10 per cent, on Its capital stock of 1300,000. Of the realty com panies, the Southern Ileal -Estate, Loan and Trust Company Is far In the lead with cash dividends of $37,500, or SO per cent of its capital of $15,4 000. This realty company thus ex celled the First National Bank by $7,600, a truly remarkable showing. During the year, 10, the Com mercial National Bank declared two dividends of per cent, each on Its capital stock of. $200,000, the amount attributing aggregating $24,000. The First National Bank declared two dividends during the twelve months of C per cent. each. Thla on a capital of $300,000 amounted to $30,000 dividends. The Charlotte National Bank, on its capital of $126, OvO declared two dividends of I per cent. each. The aggregate amount of dividends thus totaled 1 2,500. Tho Merchants and Farmers' Na tional Bank also declared semi-annual dividends of G per cent, on its capital stock of $200,000. The dividend checks amounted to $1$,000. The Southern States Trust Com pany declared two dividends of 3 per cent, each on Its capital of $200,000. The dividend checks amounted' to $12,000. The Charlotte Realty Company, during the year, 190, declared a cash dividend of 10 per cent, on its capital of $50,000. The amount distributed was $5,000. The Southern Real Estate Loan and Tru.it Company last week declared lis dividend for the year 1906. On a capital of $75,000, a dividend of 50 per cent, was declared, or $37,500 In cash The surplus of this Institution Is now $100,000 or $25",00O more than the capital stock. The Southern Loan and Savings Bank, during the year, declared a dil Idend of 8 per cent, on Its capital ot $25,000. The dividend checks amount ed to $2,000. He Tfcok Refuge Under the Book Case In the Mule I'm. It has been stated In The obnerver that Mr. Itufus Person was kind enough to donate to the Mule Pen a 'possum. The boys who received the marsupial, knowing nothing of his disposition, left him alone In the, mid dle Of the floor, believing that he hud gOhe to sleep for Hie night, when he 'lay down on hi aide, and drew his feet and head and tall together. But, eld hunters like the Scotchman. Mr. Red Buck and the Old Man. would have known that the beast was Just "playing 'possum." Therefore, when the last man departed for hi supper, Tuesday night. Mr. 'Possum shook off his fit of lethargy and looked about for a safer plac.- Being young and inexperienced he did not dare pass out of the door Into the hallway, to freedom, but he sought a cover and found It under the book case. All night Tuesday night arid all day Wed nesday the boys wondered where Mr. 'Possum had gone, but no one dream ed that he whk Ktlll In the Mule Pen. But, yesterday afternoon, when Jamee and Willie pin tlnir wits together and .began to iwim h for that 'possum they moved the bonk ciink and tht-re found him securely pocketed away. At this vi ry moment the lit tle creature Is somewhere-, feactlng and fattening for a. good hot pot and S peck of pi.itoen. CAPT. POLY JACK AT IT AGAIN. Old Offlccrs Re-Elctted. The annual meeting of the direc tors of the Charlotte Trust Company was held in the office on Kast Trade street yesterday afternoon at o'cIock. There were present: Messrs. W. H. Belk, J. M. Davis, O. P. Heath, H. G. Link. W. M. Long. Dr. J. F. Hobertson, W. A. Watson and J. W. Zimmerman. The only action taken was the election of officers for tne ensuing year. The following nnmerl were unanimously chosen: Mr. J. 11. Little, president; Mr. C. M. Patterson, vice president and Mr. L. K. Hagood, cashier. Annual Stockholders' Meeting. The annual meeting of the Htk holders of lh- Buford Hotel Company wax held yfxlerday morning. Mr. K. M. Miller, Sr.. wan elected presi dent: Mr. V. K. Johnson, ot Iticn mond, Va., vice president and Mr. K M. MilU r. .Ir., secretary and treas urer. The report of the president showed that the punt year had been a . ...r,,l ...... titwl l'nt fh nf- mOHl Bile, ririni u , ,,n,- - fairs of tho company ate In fine shupu. MAY I.1VK MO YKAHM. The rlmm-ei for living loll century arm elient In tin; ciihh of Mn. Jen- tile Duncan, of Hayiivllle Mo., now 70 yenri old, Bh writes, r.iecinc it tein cured me of chronic dyppepsla ot 20 yean standing, ami niadu me feel as well and strong as n young slrl." Elee trlo bittern cure stomach and llvsr dli eiiser, blood dlsordors. geneial debility and bodilv weakness. Hold on u Riiatan te by all druggists. I'rlea only i)e. if THE NEED FOR EXTENSION The Development Planned for ' This Year and the First Few Moatlis of 1007 Justify the, S f-S Mil 1hnlt or More Nays One Man Charlotte Will Need More Room Before the Projected Plans Are Carried Out. Some gentlemen " were discussing the new boundary, proposition yester day, and the burden of their talk' was to the effect that the new worn plan ned for the next year, or 18 months, were sufficient cause to extend the limits of the city. "The new hotel," said one. man, "is not yet In operation and therefore Its Influence is not yet felt .In bringing more people here. The new Toung Men's Christian Association building will be an Important structure and the association Itself will become, with Its enlarged facilities ft more Important ffnetor In building up the city." Continuing the speaker said: "very few people yet comprehend how much the work of the Toung Men's Chris tian Association is being enlarged. The new building is to be ft sort of combination hotel and college. There will be In It a large number of roorns for living rooms for the young men. The association already has an Educa tional department In operation and this will be very much enlarged and provision will be made for this fea ture. "This all means that the city Is growing In city features and must grow in population, which means more area Tho proposed two and a half mile limits are none too much and the township would be better." Another member of the party said: "You didn't begin to enumerate all of the new things planned for and prac tically contracted for. There Is the Charlotte Realty Co.'s skyscraper, on the Osborne lot, the new auditorium, the money for which is practically raised, the Latta Power Plant, tho car line extension to Hosit'ns and Mr. Latta's statement to the board of aldermen that he would put the line to the river within a year. All this will require more population ana population means more land In tho city." J. . The Mere . I'd . ''. '' Possession of a ten Pino Llixuheth Mill Stockholders Meet. Tho stockholders of thy Kllzabeth Mill met In the office of President R. M. Miller, Jr., yesterday morning. The report of the president Indicated tht the past year had been a most pros perous one. A semi-annual dividend f, per cent, was paid January 1st. Tne ch'ctlon of officers resulted as follows: .Mr. It. M. Miller, Jr., presi dent and treasurer; Mr. Vinton Lid del, vlco president and Mr. Baxter Boss, secretary. DeWltt's Kidney snd Blsdder Pills drives the polon from the body. A 2S,' cent box holdi a weeks treatment. Sold by llawley's Pharmacy. i puts the seal of supreme approval upon the musical taste of its owner. CHAS. M. 5T1EFF Manufacturer of the Artistic fitleff, Miiiw and Stleff Self- Pl:iing Pianos. SOIJTHKRN WARKROOM: 5 AVrst Trade Street, Charlotte. N. C. O. U. WILMOTH, Mgr. Mm r J . , 1 So many men are dissatisfied with -the Underwear , they get. - . t -V 1 ' Most of the time the fault comos from careless buy- ' ,1 1 ' 11 " ' ' Such a variety of good Underwear as we are show- ing makes a right selection easy.: V., . 't -1 r' ,'; In "brief, we have all sizes in Cotton, Wool and Cot-X!.. tonall Wool and Silk and Wool, , ; , , $1.00 up to $4.60 Per Garment. ! Hardly think vou'll want to. look ' any where else after seeing our splendid line of Underwear, : ; i 1 1- Yorkc Bros, aoiid Kogeifs. II and One of Ills Hoy Ti ll Out and Made Trouble. It Will be recalled by the render ef The Observer that Capl. Poly Jui k, ft rather distinguished l.Mikinsr cltl.en with gray mustache and ruddy com plexion, accused a in Kr" bin-kmini "f robbing him on the hlshway some weeks ago. Tim case w, ni ti the ie corder's court and the tier.! was dis missed, the evidence of I 'dpi. Poly 3ack being disredlici Well, 'apt Poly .l k l in tnuilile again. Hn had some mlMindet stnd fng With ne of his sons ye t, -rd.iy und the boy had him uir.sle.1 .m,l csi rld to the police station, when be wblled away the time during I lie i, f ternoon. Tin- re order will hi, n i,, Capt. Jack's t:ile of woo this nioinliiK Old John Harh y l orn seems to be Very damaging to Cupi l',,ly Jark's Herves. In the case of i';ipt Jm k gainit the licfon II wii ,oeiit Mint tho former had n vlnion- w hile th latter drove lilio nbnit Id, town. Xurwry Awn Ullon lo Mn i. All the iiiMiibers or tin " 1 1.1 r 1 t t , Day Nursery A ssoii.iiinn it r,- r-'ini , Cd to meet In t J . Ciin.l, l,l,r,,t', this mnrnlng at II "Y,.rk Th,. ,,M. nual election of .itlk, r will bit held The present bum! I eorni I r.r ih, following named Min Viui.n, i; JlOgers. president; Mix. A If Wu-h-burn, first v)c- president'. Mr j a Itnaaell, second vice president; Mm. B. C. Iteglstsr, p-cnrdlns; miTftary, Miss Julia Hobertson. corrrspondinK serttary, and Mrs h c. Hoiiimd, treasurer. W 0 Numbers 7,000, 1,532 and f8:i were the lucky ones at our annual drawing. The holders will he presented with amount of goods as ad vertised by bringing Ihe lumbers lo our store. GARIBALDI & BRUNS The Tate-Brown Co. Furnishing Goods and Hats Men's fine Garments Agency for Dunlap & Go's celebrated Hats Silk, Opera, Alpine and Derby Deimel Linen-mesh Underwear. Dents Gloves The Tate-Brown Co. IB mm PUNK Piano buyers should write for our new catalogue picturing and describing our 1907 models. In tasteful and artistic case designs these surpass any we have ever made, but they will appeal to music-lovers chiefly because of their beauti ful tone and quick responsive action. The IVEKS & POND PIANO is built for a lifetime, and costs less than one-half the average piano to keep in tune. Call and see the new models we have just received from the factory. We sell other makes of pianos also. You will find the best that money can buy on our floors. ' Easy monthly payment plan if you wish. Only 6 per cent interest charged for carrying the account. Parter(Giaiirtflraer Comp'y ,, Xew Church Hulhllnr in iuirl. ' Rev. O. R. Whlti. und IWv. Dr. W. ' W. Orr p-nl yel-rd:ty in '..m uni. ! conferring with tni-rnbr r th a rfrlate Reformed Prmbyd rln luin h there regarding a mie fur th. ir .ro ' peeed new houn or wornhip. Tim Coneord uhurch has birn uryanitfil for several years. Honrlcra havr .( n t)ld la a chapel. The member ore pow ready to brgln (h crei lluu j( tnelf own building. "'' Jfr AiwImUoI TU krt Agmi. ' Mr. Kraut h Thorn, tale asxlutant ticket agent ot the Southern at Oreon vl lie, B. has been made aMlttini city ticket agent In the Charlotte of fee, ' taking up bis nw duties ul night for the first time. Mr. Thorn Is capable and obliging and Is a tip top man for the place. He will be ucceded at the Greenville offlce by tit. W. j. gundbacK. of High. Point Ilw of veur life Is apeni trying it ft welt It renulrw but a month or ) t put the avnmge mia or niM n ir If with ilolilater's R'x-ky ii T. U rants. Tea er Tablets. I- H. Jordan -4k Ce. . ,-'.s. , i Mm ! ft'.: Wm i.i m I . !i?.3 I I D ROTECTION A PAIR OF ODD OFTEN SAVES THE PRICE OF AN ENTIRE SUIT. ie & vae We have a magnificent stock of ODD PANTS, made of the best material and guaranteed to fit Come and look at the line. LONGDATE CLOTHING COMP'Y GOODS SENT ON APPROVAL ,H ETURN ABLE AT OUR EXPENSE. Ttiore nro a grout many klmls of prntortlon, mmc theoretical, some priu'tli-al. Tli protection Ihut we wlnh to call your nltcntlog to uoi by iny nipan a theoretical propoitltlon. hut ono nf the most prnrtlcAl onrn iver nuhnilttcd. Protection to the hndy In n vory Important thing, a thing that cannot bo overlooked without doing liimn. We wrr nrvr In brtter shnpe to furnlnh tliln very protection than wo hi-o thin Kontion, Tn our line of Overcoats ami Hnincoatf we have Urn protection that really protege. t 8 neeaii-KM to o(Tor the lncott- vi tiWiicts of bad weather, whrn you can buy iin h clogant garments as vi nro ofTi-ring and at such reaiionable prices. sizes ron kveryonp In carrying as, large a stock of Couts n we do, we are In posi tion to fit any else man from the extremely tall, llm man to the very squatty fat man. We have the slses here for everyone,,! : Ed Mellon -Compl HJ('.'ri Vtr. W.MSl''.ll((MIl V. . -;' -' . : V, ' , ..,V-.V.. jCcidlng Clothiers Good Furniture Need Not be Expensive Furniture y - Tour dining room should be made the most Inviting place of the home, as well as all the conveniences should be added to lighten the dutiee of the housewife. No dining room Is com. plete without a ISdeboard, Extenalon Table, Chairs, China Closet. Buffet or tilde Table. All these furnishings are essential for entertaining guests and to the home comforts of the family circle. Dining room Furnishings can be had here at very low prices, which means' you can obtain these goods from this store at Ism price than Is usually charged elsewhere for same quality ot goods. , Golden Oak Kldpboard, regular 11499 Our January Price (I I. fid. flee our 1-foot Pedestal Table, 41- Inch top, full ouarter-sawed oak and highly polished golden finish; regti . lar value $11. JO. Our January price 1 11.09. Tables range In price from $.50 to IT0.OO. Don't supply your Furniture wants until you sei MoCoy. He'll aare yo money w. "'"' vt V I - 4 I 5 y'': i I ," ' 1 M c CO Y t 4 V '"'".
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 11, 1907, edition 1
6
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