"V -.1 ... .
' As " the ''season is";
is" Jadyanclhg' we
V 4 too iargTli
" VVe'lI' teketiiny'by the; TteJApom
the "prices now. , More; beneficial
r . i cveryionc; oetor-tne ; season .. .nas
" "J : . '"" -' C' r'llu
urut'l.cu uiuii Acinic. -fi f c
i.,. -'". , ; ' J".
a - ' : ,
e Qlir' selection
. Come and makeVQut' selection;
,r . . ' -v tif--- " '
ivhile assortment yet-'complete;
ixr ';it"icf 'Unn inn ritv
'u t " 1 . if r-TrT"" i ' "LT1 . -
and the stoclj v isr now-iOticreci
r : i : -f i&:. --T.- n.r iVinn info.
pi , - - v i --
r 7 - u
28 South Main Street.
V,; ' " r.C;.
TiEs6uTl6NS ADOPTED'BY ZEE
- '.- VANCE CLUB -
To Change the Name of Court Sq uare
? - t: : -An Address by D. M., " y" "f .'
Aav; Interesting and well attended 1 meet-:
1 4ng of Zeb Vance club was held last eve
nine with President iAither presiding:' :In
the absence of Secretary pdstelf his 'duties
weret performed by J.!h. Brooks. : After the'
' regular routine business had been disDosed
' of Mr. Luther made an addresa in behalf of I '
cnairg?ng tne name of the publicj square
to Clingman's, square, and spoke 'as; fol-"
lows: i -
Having noticed this evening a suggestion
made by R. - B. ' Justice that the ! name of
'the; public square should be changed 4o tfhat
of jCJingman square,- and as. I am hea-rtify
-in jfayor of-the .suggestion and that.; as
Vance, McDo well, Baird and the-Jatton
-families were - all - honored by our : naming
some of the .Principal istreets of the city
af ter them.tLhope that "the club .will Jake
some . action in regard to commemorating
are:old fof.-. wees;.-.-.'- - -m'l -.-a
r iiic, wiuwuj. . vuu, ..v. w4jm 9:M as ;con3ueted;biWe.
I -V. - r 'Aj I Thomias: 'T: LJ'"Tr1 rT'ftt. -.TI n Trnv5 7 w TT. ' Ht Peihram. assisted by
Grand yOU II be SUrpnSea. , - . ' f . . . f'sherrill T, -W. Mansfield, a.
- " . T.'. , - ; .M .waeeier, L, -i .wney, j,. Av, WigSin apd pran siler," and -was one of
, & xne name of -that grand andnooiesxateman
and peerless leader or. . tne peopie , a, unau
who in the dark rdaya or'civjl "war", went
I forth unMler ami oatriot tongn'tior
h ia own n,nn v. -.-juvH.t.h hisr.- dear- -, native
: - Dixie. .He was; commander o(. as-brave a set
of men as those, ancient ? heroics who fell
' at the straits, of .Thermopylae fighting for
their own vine , clad Mlls and, citrpn' groves
f historic Greece. - It is'- but meet and
. proper that the people of Buncombe 'county
-should "honor Thomas L. Clingman b"y call
3ng thesqaaire Clingman' Square1- :'r'
I . Mt. J. H. Brooks. and 04- E. Roberts
made brief speeches .heartily ;nkrsins Mr; I
' Luther's -proposition.; . c' ; :.' '
-A committee of three -was-appointed ,a
draftresolntions of respect to the memoir
of GenfyCllngman and to express the sentir
mtents ' of "the ' club ' in t the., resolution ' on
changing th'name' of the square.; .Mr.
Luther appointed on.th t committees Dr.
E. CI Sarnes, Hon. 'H.' B. Carter .and Mr
George S. Powell. -r "'-
iA committee of five 'was elected to. call
on the . president ot . the Asheyille and
more street railwajr and request . rhlm to
employ, white labor instead of colored, .The
above committee - consists, of , on . Lopke
Craig, Dr. C. E. Starnes, W. M. Roberts,
Maf. Ballou and T." M Luther. '
A committee of three was" appointed from
the different wards for the purpose of re
vising the financial secretary's book' and
obtain the -address of. the- members, This
" committee will probably meet, this "week
and Is as follows: t f
, .First Ward M. E. Roberts, -J T.;Bostic
r and J. I. Henderson. " ' - '
iSecond Ward D. ,LV"'Reyhplds,-D. r.p.
Suttle and W. HToung'- ' .
Third Ward--J. A: Jarvlsr J. W; Lyleriy
Fourth Ward MaJ.-BaUou-Joseph Sud-
- derth and' Brown., - -,,,'.'.-'""
' : 1 T. Jarrett, of the -Central 'labor union,
Invited the p.lul to .be tvresent when Mr.
- Craig's speaks at an early date In the'courtJ
, ihouse. President' ' -Luther 1 said- tnax . tne
members "would be given an opportunity to
tear Mr, Crals. s -: ' iv. -
Clpse of, the; JlethodistyfJoib
1 fi'i XT 'i. TJfic s -
Or; C. W.BydWfemain at 'Central
7 - .
v ( : c5
i . f , y . , , v-; - lt v,- ,
! 3o&feren)ce convened -at'the -usiasyboiir
4 r " . - - ; yi'f" ' i .V,
I Vftsstp-rdwv Ttmrmnc for irh -Urmp- v
v .Tvvas alli-pg W'q.'Ustioi S: V Who' ire
i received a transfers frouantherfr.j 'confer
JlT. J. fronx"the-NorUj CJaroliaa
, , r ,T-f
mitte" xamtD-tioa for i34miSKn, in
place of Rev...W. H. Barnett, transferred
,Jf : k ' my
- .SterrHM.Hoyle submitted -the report of
tthe -committee on eonfere-nce , relations- as
1. v, -
1 ;i KiinT!a.n.Titii9.t wl , .nnai
. R.' tiong,1 James 'Wilson "H." O. Mobre. S
, Arenc.K"n:Roer VangjtL
the letter "of!ympathy.4ent hltn
ence was read by the' secretary.' JxV .
' J:- S. Martin; 'submittedthe lolloin Ve-t
port of the joint 0': of .nanca... ; As
sessments for; 1898 Bishops, $1,720; con
ference claimants, $5,000; fcreign missions',
$14,00; education,; $3,000;- church extension,
$3,500. i ' i . - ' ..-t , '
RevsW. S. Greasy andfJ. W, Lee were
elected delegates' to the., next - meeting ,iot
the anti-saloon league, Columbus, O.. J i
1 ; Dr. : Thomas Lawrence president of the
Normal' and Collegiate Institute, was in
troduced to the conference. - " - '
. A resoluitlon. Introduced by Rev. 3.' C.
Brothers,; -thanking: thef--good' people ' of
Asheville for.;:heix;. hearty and Christian
Hospitality; and fcmtoess snown'tne dele
gjates during ;the conference was adopted
by a rising -yote . -, -7-
Resolutions. were also, offered:; by -Rev.-H
Ii. , Atkins, ' and adopted - by the , conf ei ence
thanking the city churches for invitations
to worship - with: thenj';' and 'the ..press for
accurate and full reports; and the railroads
for i-eduoed rates.
. . BROTHERHOOD. MEETING.
.', i; . .i .... .-.. .- -fr-t -:tr ,...'."... ' " -
Rev. J. H. Weaverf 'presiding, 'called the
brotherhood to order. ' ReV; Hv Isz Chreitz-
burg, : eecretary, read .the : minutes of the
last annual -meeting. . - r . i ,- - ' ,
Bishop Key spoke some, words .of. com
mendation of the brotherhood,. and advised
all ministers and laymen to Join., --..- ,
JOINT BOARD OF FINANCE. .
' 'The following are fthe members of the
join-board of finance; . '
(Clerical) E. L. Bain, T: W:SmithT.
J. Rogers J E. W6osteyW. H:" Leigh, "W:
L Dawson Jr-E." Thompson, R.L M. HOyle,
T., A.Boone$"W. S.Creasy. -'
(Lay) James But trick-, W. H. Phifer, W.
A Gurti. J,.A.'Ode;-H. R.t-Jones,?E.'0.
Masting 'M M 'Courtney, R-R. Crawford, -v
. (Before read-in .he appointmeints, .the bis
hop said: "Let us-sing-hymai' 219:
, VLet $ion Watchmen all awake,
' Andake the alarm jthey. give;. . ..,
; 'Let them from the mouth of God
' Their awful charge receive."1" ' '
The bishop said, he was about" vto - an
nounce 'the appointnientsthe" result:-' ' 6f
nearly 'a wek. of patient ":deliberation-ahd
prayer. He Bald tie ' wouldmoti claim per-
f eetlbn to he appointmenitS but he elaim
ed' a clear conscience? It, was. his opinion,
that he . (had never labored .-more pleasantrr.
ly, with a body .of .presiding elders, -.Perfect
"gesDitlemen aij.d Chriistians ..they-" .all
were. The bishop told of fancX horse
that would not workto anything but a
striped buggy. "-There is .not an 'angel in
heaven who would not Khout at the" h onor
of - coming i-down here-to - take the hardest
field in : our confeTence ?id iUe , bishop.
".Let us take these appointments,, brethren,
as from God.'! '.-I.- -
i The appointments were Imade. at 12; 3Q.
1 "-"Praise' God from ..whom ; all . blesslnga
flow.,' was sung ana, the enedictiov pro
nounced by, Bishop, Key.w i .
-: .ift , BOARD OFMISSIONS ' - ,
Th board mad'e' the following1 appropria
tions: t - '
, Asheville 4istrict-HBethel $150i- -Hot
Springs; $85 ; Ivy church,-l75; Spring; Creek,
$75 r Saluda, $112.50-, French Broad, $75.
Phflrltt.e distrtct Enworth church, $150 :
"Dilworth and Biltmote,' $2QPi. Polkton, ,$75;
JVorcn Monroe, so. , - t .
c Greensboro district Greensboro mission,
$275;. Ruffin churoh, $100' "i 'V-Cj"
."Franklin district Franklin: church, $135?
Brrson ehurch, $90; iHiawassee cShuchf- $90;
wMtHn. Ahnrch.-. S75:-:Hiffhlands, $95
Mt Airy' districtr-Pilot .church, $200; Mt.
Airy.chur.ch, $50; ' Wilkes church,.-. $85;
&parta church, $50; HeaUng Springs $io;
Boone church, $110; 'Jefferson churchy $50.
- aiorganton distrfct-North Cove $100; Sil-
per fcreefc," -108 ;'; Broad Rivef , ' 8; : Green
Shelby distWct Mt. Holly $80;CJhesrry-'
villi,- $R0.'- -,av, - -Statesvillo
district-West End 'cihurch,
BaUsbury-district Spencer, $250; Ep
worth, -church, $165. ' . 1 - ' "
vWinston ' disftrlot IBurfchead," J175 V? 'Dan-
bury, $225 iPrances, $140 ; Yadkin mission,
$40. '."" - i-v--. - '
Total, $5,839.00.- ...c - A
me board asked ithat 48,000 be assessed
thi yar ior-domestic anissions.; ' '
Cfhairman : Wm, Ctrti' and - Secretary. C
F. jerrlll;- of the- fcommittee -on Epworth
Ije4gues, submttted a. satisfactory reporU
A great sermon, was - preached Sunday
morning in theCentraljchurcb" jF'. Bishop
S. Key. i.The congregation wa.i .nmsz
not being able;..to.jbtAinr..ve7b':ld'(rcling
roonu The music .was suprbX S4,Yj (ser
mon: deeply spirited. ? r-
- .The text was" St. John" 161.' 'iSssKxi
haye F-spoken unto you.' that ?w HV
not be offended - V- -f-
The bisbop- said," among othertthingss
"This :was .a- startling announcement -to
the disciples, r It was a blight Jo all their
hopes-. -v How can it be but for Chris not
to. be with us in person? If he were with'
us," wihat a . benediction! How . gracious , it
woujd be to bare with, us one flawless char
acter, to have mis friendship, his sympathy,
nis love. lf he were on this platform, how
many questions we" would have to ask him;
about- our lives. 'out death, -God's provi
dences, etc! - '"' i r c
- "Christ .wished our iife,tobcf one 4of
taith. His-bodily presence- would have
made It one of sight All the universe is
adjusted to the law of God. '
"Why could not Christ and the spirit
be ' present here ' with us at one and the
same time ? " Because 'the. spirit speaks not
for himself, but' he makes 'known Christ,
his life, death and resurrection. If it were
Lnot for the spirit's presence and ministry
the biography of Christ would be like that
of Socrates.- v - 4
"We are better off through the illumina
Ltion of' the Holy' Ghost If Christ were
here., his ministry would be externah ;,Now
It is internal, convincing, converting sane
tifying. - -
'T-"My message to-you today-vis: Submit to
the Holy -Spirit, put. yourself under his
dominion be led" by him. Invite this spirit
intoyour neart - :- - V- ;
DEACONS QBDAINED. J
At" the close of the sermon: the bishop or
. .... . .
Tuttle,iJ.-J,-Iieavener, Jiaroia urner, at.
S. Howie, G, F..Kirbytand UtvW
bless. . , , .n-. ' - v :
. G. W. Divilbliss and J, J. Heavener .were
ordained local deacons. ,"'." s "
r'J . ' love .feast.. ' '
the best ser-
J- vices of ihe conference. Many1 aged-and
young .ministers and Jaymen gaye in their
experiences.- - - w .ja
MEMQillAL ADDHbb .
'Tfcmoriaradayyssea'er he!4 'SunJay 'fei
- '-The memoir of "Rev. -W. W. 'Algea was
read by, Rev-.W. S( Creasy. .Remarks .were
rnadg by Rev.- TZ H Pegram
' ;The . memoir of Rev. J. C. .Hartseil . was
read .by "Rev. M V. Sherrill, and Rev: J.
S.- Nelson spoke of his life and .work.
The memoir of .Rev. J...W.-Roberts was
rea4 by Revs. J. J. Renn and M. V. Sher
rill, and C. W. ' Byrd. - Dr. Brooks offered
a .resolution of sympathy to Revs. W. H.
Edwards and J. ;H, Moore in the loss of
members of their household this year.
' At the close of the; memorial the -holy
combiunion . was administered. Dr. -J. R;
Brooks, and Revs. H. M. Blair and fT W.
Smith conducting thaservice. : -
- - MINISTERS ORDAINED.
Rev. J. P. Carraway 'preached Sunday
night -at the Central eharch, and at the
close of ; the sermon the - following minis
ters were ordained elders. ' '"'" '
' , G. H. Detwiler, T- Barber, J.. J. Edes,
W. M. Robbins, W. H. L, McLaurin, T. W.
Mansfield, A. A. Crater, Abernathy, Peeler,
and J. C. Allison
Where the Ministers Go For the Com
' ing Year: , - :
The following is the list of appolnments:
D.. ATKINS, P. E.
Asheville f - - - - - ,
-Central-- W. Byrd; H. O." Moorer su
pernumerary. J --, s
; North.'-sheville-:rE,,L..Bain.' ,
Haywood Street H. L. Atkins. ,
Bethel -3. R. Moose. . . -"
Birtmore-R G. Tuttle. .' ' . " :
V weavervilie circuitr-L. E. Stacey.-
Sulphur Springs - .. circuatrWllbur . Le
tlette. - "" . - ' - -
"Leicester circuit T. F. Glenn. -,
- Swannanoa circuit-r-G. F. Kirby. ,s
v Cove Creek circuit J. A. Sronce. s , .
Saluda circuit E. . Crbwder. x ,
1 Hendersonville station J. D. Lyon. '
, (Mills River circuit E. J". Ppe. '
Brevard station L. AFalls- f '
French Broad circuit T. B. .McCurdy.
Ivy; circuit W.: B. Xtyda.
Hot -Springs circuit Harold Turner. ,
' Marshall circuit J. C- Reynolds..
t Spring Creek ;ircult-rW. H. BerryC'
James Atkins, Sunday school editor.
j P. J. CARRAWAY, P. E. ; , ...
Greensboro , .r . ' "": v '
5 j West Market dtreet J H. Weaver.
-, .Centenary J. E. Gay. "---
Proximity mission-J; T. Rowe.."" -Greensboro
circuit J. B.-.TabOV,; - . ; . .
Reidsville station S. H. iHillaTd. ' -
c Wemtworth circult-Hj. jM Price. - " -Rufiln
circuit-v-W. B, Hayes '
- Pleasant Garden circuit S. T.' Barber.. '
-Ramseur circuit H. -H Jordan. , z
(Randieman jsta'tion J. E. Woolsey. -'Asheborlo
stationA: -W. PTyler. ' ;
East Jwharrie circuit 'E. G. Pusey , T
Randolph circuit R. S." Webb. .
West Randolph- circuit A. A. Crater. r
si - f CONTINUED ON THHtfD PAGE. - "
UNION PACIFIC REORGANIZATIONS -7'WashinMon
Nov. 22. The treasyryito
day' received'frbm the reorganization com-
mltte of the Union Pacific $13,645,Z5 casn,
and turned over. to th .'committee that
amount in bonds which - have been on - de
posit- with the government to the sinking
fund of the road, - - V" -
uraiiDerrjes ax - c.: per. quart. jj.resjx to.
of bananas . and cracKers -just ui ai ;s. iu
Chedestert 22 Patton avenue.
uained the louowinig young men as- aeai : . :A
cons-,. -H. K. BoyeV J. .A. Baldwin, G.4terested. in iVwill chgerlully pardon 4he
olilia MnKs;Affairs. ,
,T; j ' i ' i - - ,j j
A Merf Fuff;andvComprehensive
Asseisfipod and1Bad;i$29,532.63 in
1 Bfa -;
Exclusive of the Liabilities vto the
"; ': Stockholders. "
UnstKuTetf. Creditors, 'in thet , Opinion, of . the
- Receivers; Will. Certainly, Receive Fifty Per
Cent; of the Bank's Indebtedness to Them.
s.Th; receivers, of the Western Carolina
bankMessra.' George-H. Smathers and L.
P. v Mcji&ud,' Vill . flle the report with the
cleik' of ifihe superior couri lodayl In ap
pointing,; the receivers the court -directed
th Teceivers: to file "Inv the court within
twenty -days, a full ' inventory showing all
the property and AfcseltOf the corporation
and-' the1 statusP of its condition at thet time
they took-charge of it, but intimated that
a longer 'timeanlght be ne'ceBsary.'-'
KjThirtyeight .days have -been.cojisumed in
br e oarin1 the : a? enor t.;- b4it' all" who are in
I f - - .
delay 'vrha. they see the document. The
reppr bonststs',' f sixteen; i pages . of typewriting,-
to which .is added fifty-six pages
of exhibits.': A more careful, complete and
comprehensive report- could not be im
agined ; -. '.,w,tr- ',, .
It contains all information that the-most
exacting creditor ' could desire. .There -are
eleven: exhibitsas- follows: Exhibit A," is a
scheduleior personal notel of the bankr B;
notes bfccured ty collateral; C, notes . se
''cured bp dee cf trust on real estate, D,
riUesiaMe outsile theicitv of Aheviiie:
fSr-aWof;tKnd5-and-stkoTied by-thelF0"11'333 ?2S9,779.31 and tne Utilities
bank; F.t overdrafts; G, .furniture. and fixa
tures of bank; H; cash'and;cash items;: I,
real es tate ; : J", names of stockholders r K,
agreement or 4ebenture-bonds of $25,000,
an indebtedness of he bank secured by real
estate." - -
-From the schedules and other informa
tion set forth in full in tho'report the iol
lowing statement of - thelj condition of the
bank - at the close of . busaness, October . 11,
1897, is shown to be as 'follows:- i .
" - 'ASSETl
Good, notes-to; hands of-i receiv
Doubtful notes to hands of re- j
ceivers ; t: i ..... :. - 12,774;76
Doubtful notes pledged as.'col-. "r"'- '
lateral . . ; 3,365.68
' ' . . ' $ 15,140.44
Worthless notes , to hands' of .'re
ceivers .... . . . ,;. . . . . 19,676.43
Notes'- payable : out of ' town
(doubtful) ...J.'; 3,965.24
Notes secured by deed . of trust-. '
" in hands of receivers . .".V. . . . : . 35,336.26
Notes ' . secured by deed of - trust " '"- i ;
'In hands of Atlantic Trust Co.. 26,500.00
Notes , secured by deed ?of - trust
in hands . of, First jNational -
bank New York, ,.;.,...,kT;,... 27,705.00
Notes secured- by deed of 'trust ?
in hands of -Nat'l Park bank.
New. York ." ,., 3.430.00
Notes .'secured by deed' Of ;trust ; "
to- Jands of Battery f Park '.
" banTc, .;: .Tl :...:.. 8,825.00
Notes secured by deed of trust in ' "
hands of R. P. Walker" i.... '7,000.00
Notes secured by deed 'ot . trust r - -
Bonds- to hands, of . First 'Nation-- -; ;,f
-a4 usuiA,- 4 cvr - ivi& , ...j". ... .... xXiiuu.uu
Bonds in hands of Battery Park
3ank ...f.U.. . ,'. ; . . .V.-. 6,000.00
. ' itis.L'-: : :
- . I, : - V j 16,500.00
Furniture 1 and fixtures Xas per - - -"Exhibit
G'n . - 4,600.00
Stock National Life Maturity, Co. - . . 465.00
Real estate (aSiPer "Exhibit I'.') 46,485.65
Merchandise. ij. i u . . z .4,770. 00
DUe. from 'banks' (as per Sec.
. xvlii) ..;...i...:.'f' V'..":. -3,053.15
Cash ' on hand'
Cash items aa-" per" -Exhibit
. r, . n-i., $270,874.65
. To which may Ije addef -. , . -x
Interest accrued and unpaid. to . , -
. Nov. ,1 1897,' on notes to ."Ex- -
Mbit A . i :. . . : I . :'.'. :
Interest accrued -and '-,Unpald to -
i Nov l; 1897, on - notes ito-4Ex-
Interest "accrued" and ; unpaid - to -
' Nov-1, 1897i on-notes ia- "jrx- -blbit
(T; .v , . .-s. -. . ; , i, . 10,456.42
Coupons' on -.Madison ,countx
- bonds in hands of receivere. . ,v .1,395.00
Interest on said bonds from June '
, 1,. 1897, to Nov1, .1897,.:...- - - 377.50
jurtea .pledged, as collateral 5,310.88 f tic -irust company of ,'New ;York city, Bat
notes sold " and endorsed -" . , - tery -ark ank, - R. P. ; Walker and the
(re-dlscounted) i.vii:.....J 2i$X$ffi Asheville Milling company, of Asheviite,
" - ' r: -v i; :-. ,v ...: y ' -'"- NT. c., hold a first lien on and have posses-
Capital stock(as' per "Exhibit;-
. .". !."- - -v. ; '.; - ' ''' '" -i " ''.-
j")-' ':.-.i.4:. .v:?.-.'.r4.$ 56,000.00
Surplus'fund ..'...;..'.::;.:.'. .t- l,OOO.t)0
Net profits :.....'..' . I: v; . - '3,813.29
Debenture bonds?.."- 25,000.00
Bills payable (as per Sec.sxv.)..V .26,500.00
Bills re-discounted (as -per Ex- ,
hibits A, B and C") ..t .29,754.44
Due to banks , 9.529j03
Deposits (as per Sec. xix.) . . 110,149.94
. .. .$269,746.70
In closing their report
Of the $16,500.00 of the bonds hereinbe
fore mentioned on page 5 of this report and
set forth in "Exhibit E? hereto annexed.
$15,500.00 are Madison county bonds ;
$500.00 Town of Waynesville! Improvement
bond and the other $500.00 Blingham school
bonds of $100,00. each. The Madison' county
bonds were issued Junelst, 1887, and ma
ture : June.. 1st,. 1907; , the-Town of Waynes
villa -Improvement . bond, was issued July
1st, 1887, and matures July 1st, 1907:" and
the" five Bingham school bonds of $100.00
each were issued July 1st 1801 and mature-
July 1st, 1911, all of eaid bonds bearing
interest at 6 per cent per annumrpayable
semi-annually from date of v issue. The
bank has owned 'these bonds for t several
years and the" interest has . been .paiid
promptly;, on the town of Waynesville and
the Bingham school bonds, and the interest
was paid fairly promptly, on the. Madison
county bonds up to-June ,1st, 1896, and
while your receivers are Informed and be
lieve that the board of , commissioners of
Madison county levied. a"., tax during the
years 1896 and 1897,to pay the .interest or
coupons maturing on said bonds, for said
years,, from some "cause the same' has not
been paid. - -
These bonds (Madison county,. Town of
Waynesville and Bingham school bonds)
have not been classed -in' the schedules of
either the good, doubtful or worthless as
sets of embank-hereinbefore referred to on
account of the uncerlnty'as to wHeji the
money could be realized on the Interest or
principal of said bonds. - Your receivers be
lieve, however; that these bonds are good
and that the county of Madison will be
compelled to pay the ame together with
the accrued Interest thereon at some future
time. They regard both the Town of
Waynesville and the Bingham school bonds
as good, and - presume that $16,500
of bonds should be placed on the list of
good ass eta of the bank ; but po account of
the uncertainty air to bow soon the money
could Be realizM on -the' same if legal pro
cess should.have to be.xesorted to to force
collection ' of ".the some, they have thought
it proper to mention the same under a sep
arate head, - -
In reckoning the assets and liabilities of
bank Interest has been computed. on all
securities -whatsoever up to November 1st
1897, but no interest has -.been computed
qn the liabilities' of the bank. This, how
ever, will be very small as we are informed
and believe that there wasvery little, if
any, interest on the liabilities of the. bank
up to the time of its failure, October 11th,
except the interest on deposit in the sav
ings department,, which we are. informed
and believe will.be between ne and two
thousand dollars. ', w
h By. reference 'to 'the foregoing .statement
it will be seen tha,t the-nominal assets of
Aflfcuaant.TjanK fE0C3. " a'tfur ' alia
inchiding- s the-; liabilities - ,to tie
sU5ckholdergv etc.,- , $269,746.70m-" .the
former being $20,032. 61 in' excess of the
latter, aud . that the assets reported as good
including, the $16,500:00 of -bonds af oresaid,
when takin' together ; with " real 1 estate
owned by r the bank,, at -the cost, of the
same" to - the bank, and the principal and
interest of the real estate securities ( in
teres t computed to November 1, 1897,) are
$29,532.63 in excess of the actual liabili
ties of the bank exclusive of the liabilities.
to the stockholders. -- . v
.tiwill be further seen- that the National
Park bank,-First 'National .bank and Atlan
sdon of assetsof) --.the -defendant- bank
amounting in the aggregate" to $122,254.07
in , order; rto secure : an., indebtedness of the
bank .to them and' others in the sum a-g
gregating1 $87,541.90, ' which ' indebtedness,
except that for which the - Atlantic Trust
company holds collateral security should
be paid at -the earliest practicable date so
that the receivers, can- lift the collatrelas
and realize on them. - As to the indebted
ness of the bank for the sum of $25,000.00
debenture bonds for which sum-the Atlan
tic trust company holds collateral securi
ties In trust for the , purchasers of said
bonds in -the sum of -$26,500.00. These
bonds do not mature until July 1st, 1903,
and under the terms of the agreement be
tween the Atlantic Trust company and the
Western Carolina bank (Exhibit K), only
the interest on these bonds at 5 per cent,
pen annum.-, payable -semi-annually, "will
have 40 be paid until 'maturity of "said de
benture bonds. - , , - -;
From the information, that your receivers
have been able -to obtain as to the value of
the real estate now ownedv by the bank and
the principal and interest of the real esr
tate 'securities, both of which, .aggregate
,166,142.33, when taken together with the
other collectible assetsof the banH, we are
of the opinion that the unsecured creditors
will certainly; realize fifty percent of the
bank's indebtedness to them, and as to hov
much "more. willdepehd on.', the amount
realized on the real estate and , real estate
securities. .This opinion is based on the
fact that, we confidently expect te n able
to realize 'in full on -nearly all -of the assets
in the shape of notes, bonds, etc., reported
as ; good and on a part of suchsecurrnes
reported as 'doubtful j and at' least. 60 per
cent o nthe' amount- -that the xeaV estate
costs the bank and 60 per cent of the prin
cipal and interest of the real estate' securifl
ties. , " ' - -r
EXPERIENCED DRUGGIST). Mr. Geo.
H. Haigb, of 'Fayetteville,- has bought.the
stock of drugs of the Asheville Drug Co.,
on the corner of College street and . Mar
ket Place, Asheville: . Mr. Dayid Way, for
merly, of this place, is in charge of the
stor'e r as'; manager,. David is a popular
young man and an., ' experienced druggist
and we wish him. great successJn ..conduct
ing the business. He has a brother and
many friends to Waynesville. Waynesville
Courier.-. - v'".- . ""-
- -:..;.:-i.iimiw in 1 i..1."?' l.'-. ,.v;--.,'-.--IV"?-
LECTURES . TONIGHTl Tonight: ;Proif.
Rossel gives two illustrated lectures at the
Y. M. C' A.. .The Atlanta Exposition''
andrl?London;" and as an , additional- at
traction be will recite Tha Raven. -The
presence of ladies- is - fspecfally' ? 'tSeisired.
The lectures and-pictures will be excellent
and no admission will be charged, ; j
' Dr." W. C Brownson- will open an .office
on ; November .' 18, at No. 60 Patton1 . a.ve;
nue second . fioor "above ticket', office - of
Southern' railway. Office -i hours;. 2 to -4
p. m. Telephone office 847 residence 114
240-13 ' - - , - ,w ;r .;.
BIG BDItERS- A
Terribk-Aceident Duiig ;.an;:
Lare FufhittireStore in. Baltimore
Burned. ' '" '
Four Fer'sons'-Snpposed to Have Per- r
shed in -the Flaiaes. V": -
Trials. off the Two Alleged Murderersl'
; Jhornahd Luetgertf . -CyI
Seven! Jurors Secured for, the New .York Case-1
-rCloak Maker's Strike. ' r "0?:'
r " ' .' . f . ' . . " " O :"-. I-'.'.'--'
New "Tork," NoV. 22. Two jhundred and-;v
fifty horse-power Jboilers- m-GraveVeievitfi.'4; ,
tor -works, a'one-story building, . corner ot '
i ,k ... 1
Jones and Center streets, which? : powers iai.;"1 4
used to operate three big "commercial44-
blocks, exploded this afternoon. No cause; v? f :
can ue .ssigneu At present -ior xne expio
sion; but an inspection of " the boilers was
in progress When the j accident occurred.-. A
Robert Henry, fireman, and -Robert 'Starr ? v f
J . . ' . I'r
boiler inspector, were killed. Several oth-
erB were injure4- Two men arc missing, .
' r.-A -
and it is supposed that they are dead under- : ..
the wrecked" buiidingi . "i ' " , . " f'r
- . . j : li ' '' " - " ' '':'-i.':!-.-.' i'
Baltimore, Novv 22 Great Scott's fur- ' '
niture'store, sis' North toward street, f5
burned, late this afternoon ,'Fur5 persona '
who were on the fourth story-of the build-' ' V
ing are" missing and are supposed to haye 't': , - v
perished.- Uriah Pollock's furniture- store i i ': -; ;' ",
adjoining Scott's caught fle and was dam- ,
aged some. The loss wilijbenearlyi $200 ' i , '
000. . , Ww -
, ' TWO GREAT MURDER TRIALS. ir' -
Long-Island City, Nov.' 22.-even 'jurors 1
were accepted to try' Thorni af ternoox
Lfr-IIowe appeaieagjnadigal vtf 1 r
hiA pgf Ctwy ; challengessThe' juro. .: -
chosen were. Thomas orser carpenter; Jaij ' ;
cob M. Weeksfarmer; George.Cox, masonj
vYUiiam w. Jtiatneid, .carpenter; .Welling-,
ton Germond, builder; John S. Dorlonfarr -P'J
mer, Louis Fisher, .carpenter. . K
Court adjourned until 9:30 tomorro'evei:'
ning, when it will resume 'selecting "(the-
ofher five jurors. Thorn continues to bV"
very nervous at is feared' he will create',"
down before the trial is "completed. It is
thought by the jail guards that Thorn will : -;
try suicide. His movements are very sua-, ";'
3icioua and are being watched at. all, times .T. ;
very closely. " -
' Chicago Nov. 22. The second trial o 4
Leugert was to iave begun today 'before ' :;
Judge HoTton, but at the request of the,d : :
fense the case-went o.ver, until .tomorrow 1 fe'i
Leugert's attorney anouneed that he would
ask a change of venue from Judge Horton.v
Leugert swears be. will not be tried before -
New ork, Noy. 22." The ' Ward- -linei;
steamer ' Saratoga, from Havana arrived ajfc i .
her, pier,' foot of Wall street, this evening.
Capt. Loborde t and his companions, . , thej -,
Competitor- prisoners, were among the' pai: :
sengers. I They were all well! received at.v
the dock bymanyi Cuban sympathizers. '
. New-York, Nov. 22. Two hundred cloak--1
makers struck, this afternoon because thei.
contractors: demanded i eleven-:: hours;,.worB jf v -instead
"of "..ten. "'Trouble 4s . expected fOT-.'-' V
.rvw;'w.twW4wrV -' ..r ,...y- : -;.-:.-'
.i . ...
Naiional:Bank' of -Ashevill WiirSbdxi
Mr. Wp. . JWilliams.onreturaed'-fromA r
New.Yori Sunday; wheW heWent In the f
interest of the eettlementof "the Natiohiai' I
BankVof Asbevlllfe's"afrairs.. The' arrange' 4'
mentsvarej practically v.completed ; nowv for ? ;
voluntary liquidation.' This "will' probable f ' -;
occuri immedaatelyvafter .the' called meet'- '
tog . of i theshar eholden$. on jDecember " 19; r
and.depositors.wlil receive.thelr iu(Htefc:f'tx-p:
V s . '' ' ' ' .-. -' ' hi
FORTUNE. DISTRIBUTED.; --i 1 ,
. t Providence, ftl L;, Nov. 22. The- court is-s' ' '
sued a decree today authorizing the admin"-'-' .
i s trators. of the ; es ta te of : Millionaire. WilW- r
liam,H. King , for. partial distribution ,A.f ' - -million
dolktrsw41' be distributed. ' i
t,uqa!AN AFTER .GOLD.fv': '
New' York.. Nov; 2.-4policeman! Princk--f. S : '.. v
ley rts'ign'ed'-from1' the force today and will- - -saU
for the jKdike on, the-Oit-of .Co
lumbia "December ll.M.-' f-'-J' i'VC
iAe uaztte s attention nas oeen. called to-m r
the tact thatlri. its recent, article regarding-, ' -th
'clty water Jt'wae stated that the sanW.;
ary- engbeer7f"bbiled" u', gallon of the-' , 1
water to'sd to'the" state chemical labor- -'
atoTy-The-wofd was written 'bottled'. '
but.-tho-wifekeoetgantha like it'r' "- '
tht way avV ' v. - ,"?. "t- ' ' - -
1 " j ...
- ,Tp-,JCUREA,ftOLP'rIN ONE-DAY",--1
Take Laxative Bromo Quinine" Tablets 'All'"'''
druggists refund; the money-If It fails f"'
cure -25c. Tbo genuin8 has L. Br':"-"
'ThdyBtnsham hadeti 'havft dinned ;1uuid, v-
some new" blue,and gray iais with- an . em-t;.-;
broideredmo4ograni to front, which were 1
lumithedr by the iWhitlock Clothing house. . ;