gmmmgmgmmmfgfmtwmm i" . . i iit 1 1 ,..,jihiiii,Uji..I, IN u imlKi ...l,.",.. ll'''i.Tj,."J. ', .'' "'"'.'. l '' ,' I'u".j.'Tu'" " jmlmmjii ' ''uj"'ij! iinTwi'i '" MIWwLjJWMWIIIII
I' IT3 ,Ti' Yl ---;v .r v, ; . -. .. , . . AfMiri, .... '-I - 5 ;'.-;
I ' , v . - . V - . . i . .. . ' - .,;-. .. ... .
(Dili,
Have the
. . . , .. .... -
S3HONGES
Insurance
xes
doing business
in the World
When you can have your 'choice between the positive, com
parative or superlative at the same price why not gjet
r the superlative the very BEST? . -
. . . - , .r- " - "
Not another line of Insurance Companies can POSSIBLY be had in any office
ia Henderson county because the world does not contain them. It would
take dozens of the ordinary companies to make one as large as the Liver-.
poool &1iondon & Globe, or the Aetna, or the Hartford, or the . Home of
New York, or the Northern of London, or the London Assurance!. Think
of one Company liaring nearly One Hundred Millions' of Dollars : in as
; sets: and then Imagine "what the enormous total; of ..our ; fourteen : giants '
must be! These hundreds of millions of dollars ae behind every policy
. written in this office and it does not cost you a red cent more to get this
tremendous preponderance of protection thiux it does to get the ordinary.
Two Thirds of the poricy holders of Henderson, county realize this. Do
YOU. ; . '' v :.!. ' . "."
And, again, dont forget that .we have the best in real estate that this
town and county affords and that since this' office hsi W
. we have handled nearly three auarterti of a miilion dollars in the trans
- fcr of Henderson county and Hinder sonrille real estateand jsjejit gbf . it
to NEW-COMERS. - V , T
Again we repeat, get the . best! We . have it and it costs no more! '.
Citizens Bank Building
i i.a.-;ti3
iw
hi?
X,.
3'
lOB SEABCUr AKD; SEIZURE ULTT.
- 5; l'n f jiff?-i.ij.';. ; L ..'.; i,i .
State Temperance Convention; Adopts
Favorable Resolutions.
Kaleigh, (Special.) An address by
Judge A Z. Blair, of Ohio, on the ques
ton of temperance closed the seventh
iieanial convention of the NortU-Car-olina
Anti-Saloon league after two
xJgtts anLa dayof discusioiisjmd .res
olutions. The resolutions adoDted fol
lows: -,- -
"The state convention of the Anti
fialoon league embracing- the temper
ance forces of North Carolina, assem
bled in Raleigh,Uanuary29, and 30,
are gratifledUt.ih .rapid '.'growth of
temperance sentiment throughout the
state during the past f two .years and
look forward with brighter-hope than
ver before td the extermination of the
liquor traffic & North Carolina by, the
complete enforcement of our prohibi
tion law, upheld, as it. is, by a healthy
public sentiment, which is becoming
znore an6Vxsbtev$ronoiinced each year ;
therefore' be- it rssolfsdt
"1st That we heartily endorse the
"Webb-Kenyon-Sheppard bill now pend
hig in (gi!eesi.nd that we papreci
ate the reIutiiia recently Tinanimous
'J passed V W legislature giTing its
eudorsemeatHo-'thisbill
"2nd. That we earnestly recom
mend the passage of a law limiting
the quantity of intoxicantsimported
into the state to individuals k (to lone
gallon at a time and not f more thaSl
fr."gal$oas per week.) ;r- .
"Srd.'j ?Thtwe earnestly' " i recora-
anena the. 4a4opflon'ot a-blind;tiger
earch,eadf siure tesr-S
th.tiT)Lititke transportation ;com-
yames oe ifdjoiiK.eep a rfcorajDi
t nqnors deliveTedKr tna state ana
that the signature of the "consignee
all H aaewa with each;. dellTery?
hich record shall be available; as Tii
emce lm worts " " JH'v''-
"5th. We cengratulataVthe people
of North Carolina on ithe crowth. if
sentimeat for tES'-lnforicesicnt of-the
law and the redyxpcssispfitjthe
legislatures, past and present, to .this
'tTowing-seatlfflent, and appreciate' the5
ons of the iudiciarr to carry into
et the prohibition law with firm
ness and-Justice." -v " sfv'
, UNDEEWOOD- TALUS ELAEIr
7s tariff i Leather Gooia If Prt-
hftitlve ant Hast fee Beaaeei
Washington; (Special.) An unsne
jessf ul fifiit to have the'housejeoamitp
ee on ways and.means retain the prea
nt tariffof 0.0 1 and 15 ner -cent adva-
lorem on boots' and shoes " occupied
nioet of today's session, t Chairman
Usderwood of the committee fiatly'told
gatherinr of retrrekntAtlTe of tie
Jfholeeale and retail shoe industries of
the country that the tariff was' now
Z? "4v4f x , -
and that retention of the present rates
"as Impossible. Questions of the com
mittee indicated a sentimaat'Toriibla
to a big drei ia those rates, :
SIXTY ;THOUS A3TD -TYANTED.
North Carolina is Asked to Contribute
This Apount for Exhibit at Panama
Exposition."
RalelghT. (SpeciaL)r-The bright pros
pects assured for the Panama Pacific
International Exposition to take place
in 1915; -the value he saw in it for this
country;-and reasons: -why,North. Caro-
lian should- be represented at it with
exhibits and by a buildlffg of Its own
were ably and eloquently set forth by
Judge T. Sambola Jones, of Baton
Rouge, La., commissioner of the expo
sition.
Judge Jones addressed the House
and Senate committees on appropria
tions which held a joint session In the
Senate chamber at three o'clock. There
was a large attendance of members
and a number of others heard 'the
able plea to have North Carolina take
nart made by Judge Jones. : ie , sug
gested that there -be an appropriation
of $60,000. mot over 38 per cent of this
to be used for a State buiiaing o oe
nsed foxxhiblts. . . 7 :1t r r
Judge t Jones in -flowing terms set
but the.valufr of the Panama canal to
the country and - especially - to the
South, tracing Its history how it had
been the dream of paln, almost tne
disgrace of France, now the glory of
America whose people genius, science,
knd skill had made it a certainty. Its
Value in lessening the, distance and as
that itould ; be a greai impetus 10
nmraftrc4 waa emphasized.
At i-the1 conclusion-Of his aafloress
on motion of Senator A. D. watts, the
vmmif tAAft'- tmanfevously adopted . a:
resolution eXpreiSis txs-M JUdge
Jones for his Instructive" and eater-
talning address. - .... -' ;
-TAJISITT TBUSTEES MEET.
S)
n
disgrace in. somerespects-to the state.
A new; . dining hall at accost of liOOOO
is. recommended. Some . other, recom
mendations are a physical laboratory,
SG0.000; geological - laboratory. $35,
000; recitation building $50,000; law
building, $35.000 ; pharmacy building
$25,000; new dormitory. $75,000, and
water-works $30,0007 The entire - ad
ditions to the equipment would cost
$445,000.,
; - Members of . the executive committee
elected at this meeting- are: A. B. An
drews, Jr.,. Raleigh; victor S. Bryant,
Durham; , ex-Judge r W. R. Bynum,
Greensboro; ?Josephusn Daniels, Ral-
eighTJullan S. Carrr Durham; Claud-
ius Dockery, Raleigh; John W. Gra
ham, Hillsboror J. Bryan Grifties, Ral
eigh ; E.- J. Hales. Fayetteville J.- Y.
Joyner, Raleigh; Richard H. Lewis,
Raleigh; James. S-Manning, Durham;
Charles Lee Smith, Raleigh; Charles
Whedbee, Hertford; Francis D. Win
ston, Windsor. ; L -1 ' '
The trustees : present . were: H. A.
London, Pittsboro ; - J. Bryan Grimes,
Raleigh; A. B. Andrews, Raleigh;
JoMn c4k-jParker,jCharIotte;2
Barnes, ICurfreeshoro; Henry Weil,
Goldsboro; -rohn-' Spfunt' faiLDur
hamt 'ennehan Cameron Raleigh; J.
Aften Holt Oak"" Ridged W Stamps
Howard, Tarhoro ; J Atkinson?J2lD4
Oolliege sR, Doughton,
JUDGE GUDGEB DIES.
Statesman and Soldier Passes to His
ItewaraV
Waynesyllle, Siciai,y--nsp' Jr
u ju uudger .cued pi heart laiirue early
yesterday morning after; a Jfe. day's
illness. He had, been ia feeble -health
for several .weeks.but'.no ipnethought
uuui.y esteraaywiai jxiu casv.was. at au
alarming.; His .sons were ,wired; .'for,
but did. not ' arrive until .after death
had occurred, ;.: . ; f-
..Judge Gudger r was .one r"of ,the old
time gentlemen of YaynesvilJe. ;.; Born
78 . years . ago in, Buncombe county. , he
enlisted In 1861 for the "civil war, in' the
company that went out f romltheHom5
iny section.-, He, was a. gallant soldier
throughout! the" atniggte ,. .Coming
home after .the . waril". , he fettled in
Waynes ville for the practice of law,, a
profession in which he soon became
prominent.' 7
For 16 years he was Superior court
Judgefahd hfel'ccrttiivevecouBty
int the state, After.' his' terra oerpiretf
he accepted a posiaon-'ta'tke-'department
of the- interior"-? at cWashington
and continued in it until 1505;.when' h
resigned ort account f failing health.-
Judge Gudgei1 leaves, threejchildren
ProtiE.W.x Gudger, of the Normal
college 'Greensboro; David Gudger,' of
A heTlUe; i 'iKttd4 'WnSTS. CSutnlan;' of
Wjynesyiye-s-.-Tt--.- ir. ru-nt-rz-'' :-
EIGHT IX OXE DAY.
Three United States Senators He-Elect
ed and Five Xew Ones Chosen on the
V Same Day. ' . - ; . .. V- " .-:v':-'v
? Eight United States '.senators were.
rccentir- 'SfecieSf in aeight different
sjate'a bf the unidri. Blx.of the number
are! Democrats, 'andVtwoJtepublieansr
Three tst the xiumbiat' already are mem-
u- - Wednesday Senate. :
l Convened at noon: - ?
; I Voted; not to Jiave executive session
to-consider President Taffs appoint
ments. - " ' '. ;
: s Resumed ' debate' on' Lever agricul
tural extention bill. .
Adjourned at 4:50 p.- m.; until noon
Thursday,, . ,; ... r . , ,
, . House ,
Convened at noon. .
Debate begun on Lincoln memorial
bill. ' ' - v
, - Sundry v schedule's . considered by
ways and . means -committee, at tariff
revision hearing. - , ,
Currency .reform committee . contin
ued its hearing: ; r
McGuire bill to appropriate $2200,
000j for buildings on state fair grounds
rejected by, agriculturecommittee. ; ;
"Shipping; pool" investigation by mer
chant marine committee , continued
with EM. Bull testifying.' c '
Judiciary committee voted to finally
act: upon 5workmen'scompensation,act
next -Saturday andqn all , inter-state
liquor "shipment bills Wednesday.
- "Railroad ''interests 6ef ore Inter-state
commerce- commission objected - to
Kenyon uniform freight classification
bill. - -.. ' it:..1-biiJ.-M:.ii i-,.:'
bill, carrying 411,095,39j:w
Auoptea resolution approving nne.
arts- commission - plans 0 for - Lincoln
memorial. kc.i , -b--h:5- ;;v .tv-
Adjourned at 6:04 p. m., until noon
Thursday. ... : . -v ; -..:..
Thnrsday--Senate.
Convened a noon." - .
.Begah debate - on : sil-year : "single
presidential term bill, with 'agreement
voteon measure before, adjournment;-
Manufacturers urged Manufacturers'
Committee ' to amend' "net weight bill"
so"-as to permit ' "reasonable varia
tions'."' -:: -- '' ::, ;i '. -' : '
Recessed 5: 3S . p. m.,. until 11:45 a.
m .Friday,, the legislative day remain
ing, as pf January ;S0 -
comnssioxER talentute euixg
THAT: CIECTJLAES , PRODUCED
WERE UKSIAILABLE BUT DE-
FEND ANTS XOT GUILTY
evis tiilstar vmm
Presides! ef TheIngtltntlon Outlines
i TfnT Tf tePrin Weeds.
"i iRalelghSpeciaLAt a xneetlngot
the?timstee f?theiUnlversttrox nana
Carolina-held, in the ofice of-Governor
Locke Craig, ex-offlcio-preeident-of the
board Dr. Francis P.Wenabltead his
report embodying de7iee and 1
nancis" of'theltchociiaadradgeW.' P.-
Dynuia, of Greinsbcro,. -was', elsctea a
MTni--. rsf : fh'W TeriitlVevebiainlttee .
ffhe meeting was prssidWrby Gov
ernor Craig. Dr. luca-ru xx. -uowa
secretary. ; - . a
Dr. VenaMe's -report set forta the
prffffing "needs pt the tastttntion .and
certain additions which' are heeessary
t0 place the university on a XooUng for
It present' wdrk He ufgee'that the
appTopHatlon fthe last Legislature
be-tncrea:Trom:48I,000 toifl08,000
annually. $10.00 for the school of ed
ucation, to be: opened, next September.
The university asked In 1911 for an ap
jroprSticii ci tlCeOO, tut cn!r C27,CCC
was given.. , - ' tt-i
Amons'the many needs of the Ual
verxlty 3)r. Tenable JIa tttsnUSn - to
the preseat dinii's hall and terms tt a
Geqrge.. RseyetteTflle;,, FP
IlbbgobdrOxford; William A. Guthrie,
Durham v .Walter Jklurphy, Salisbury;
D. JHale, ; Fayettevine-;4W. P. Bynum,
Greensboro; John C. Lamb, Wllliam
stonjf James prunt of Wilmington; F.
W Hancock, Oxford; John Fries. Win-ston-Salem;
M. J. Hawkins, Charles
W. Worth, Charles Whedbee. Hertford;
Claudius Dockery, Raleigh ;,w Charles
Lee Smith, Raleigh; Josephus Daniels,
JUleigh; Walter Clark. Jr?iRaleigh;
John W. Hinsdale, Jr.. Raleigh; W. E.
Breese. Jr.. Brevard; George Stephens.
Charlotte: CAlfred M. ! Scales, Greens-
bbrol ArW. Graham; Oxferd; 'Larry I.
lloefe New 6 Bern; rRicKSrd?H,fXeWtst
Ealelgh.r V '
' --- - - ' -r . ... :
. Little Xtock, !Ark,; (SpecUDW(seph 1 .rcsenUUver.Crpar4)t,Texas;
T.,blasw iDemocrat, . OQieiU-Wstkestioili t&tXl ont-the'anei-
electefr United States senator fto sue- pired terra; of Jos. W. Ballsy, ending
ceed the late Jeff Davis by the Ar- March" 4, and ffr tt? full cix year term
kansas legislature In J joint sesslonj amiaetng at tiit tixie. He will sue
Governor RoblnsonV eleotldn3to the Ce RtlC Johnetbnrwho was appoiht-
aenatorflhTD is cor the lone term oe-
dnaiaa Karen 4.T? His VeieiUa
necessitate " special '.-elecucn or
bers of the national upper house and
were re-elected. , !
The five new senators are Win. H
Thompson, Democrat, of Kansas ; Wm
lghes. Democrat, of Mew Jersey;
Judge Wm. Kavaaaugh, Democrat, of
AW gtiia JflSepfCTeTI3rrls"'ep '
eraer.
v
ImI bT fiflTuranr CVitorftt t the time
ficaator LTikileT rnf -zu. 1. .aer ilnr ac-
ttioa Air. tf Tixaa IsMsttare-i Judge
Cent Beat the OU Saa.
Father ruefully gazed om his last
quarter...-, '. i',J-S;s?S
"Money has wings, ant house rents
make It fly," he said. J ' v
4Tes," said his fifteen-year-old scout
son," "and some houses have "Wings?
for. IV6 Seen many a hoi33 y.
fXou're smarter than .your old dad,
maybe, my son. -but I' always thought
no part of a lieuse elcx'it -i ..
flue. CMcagt Reeord-HeralL
Kavazajijhsriirxanj.ss, serve
only until MarcSk 4, the unexpired term
of the late Jeff. Davis. J. M. Heiskell
wasr appoihted'to the place by Gover
nor! Donagheyl pending the legisla
ture's meeting. All of the other sena
tors ,were elected, for full terms. -1
rBenatorls -who were re-elected for
full terms weref A. B. Fall, of New
Mexico; Francis E. Warren, of Wyo
ming, and BenJ.R. .Tillman, of South
Carolina; Senators : Fall and Warren
areRepMblieans; while relator Till
man Is a Democrat,
Convened at noon.
Reshle4, debate -on X ortifications -ain
pxpjrjation'biiii --: -
Sundries- schedule was again sub
ject pf. tariff revision hearing :bef ore.
ways ana -paeans nimittfte.:: t
i-ADpr uominittee. neia .neanag on
hours of late $ biir for " women 'wage
earners of A-4rict of Cqlumblai ; i
Adopted . conference -report on, immi-
grationbil..;.-,. k 3.,- :u . . Lk.: :.
Representative . Levy introduced
Joint resolution to make "The Star
SpangleaV: Banner" thei oQciat National
anthem v.'-'-.f., v-:--' w -. 'L'
In . speech Representative . Roden
berry .made virulent- attack on misce
genatipn. , ... .
Cdntest of r Thomas' E. ' Kinney for
seat7 of L. C; Dyeiri twelfth Misfebrl dis
trict,was. rejected. i - '
Adjourned at.6; 45 until nooa Friday.
. . Fridays-Senate. r
Cenrened, at noon. ' ir 4 .
. Debate on Works . single sixryear
presidential perm fesolntion was re
sumed." : --
'..Receased at :2S p. in., until 11:45
Saturday. . :. . a;
-V l... iHoase. ,
I Convened at 11 a. m, .
Resumed debate on District of . Co
lumbia , appropriation. bilL ; V:
The' free ' list was : subject ,'of Ways
and - Means - Committee's tariff revision
hearing. l-- iiiii' '';:- .rK yi
Appeal made by women to J3ongres
sipnal Elections Commltteef or - pas
sage of bill, to .give ' women right to
voterlor Representatives' In 'Congress.
J Transatlantic traQc occupied atten
tion hearing', in shipping pool investi
gation. ,jV '! --fir?; -f 'v:vV siZishr-ti.
Commercial Travelers epresentar
UvWnrgJpassage ;bt" Peters: bill tp
retiufre5 i railroids'to; issued int'etchahke
a&Iemfleaxei.bo6k8. ioi;Vs. 1 -v
;,Commlttee ipn Agriculture reported.
tQl gf i1MorJprptecjIpn:of
mlgratonrand InsectlTorous birds. , -''AdJonrMedfktrlS
p: rn.4 'until 1J
o'clock-Saturday, In respect to mem
ory Representative Legare otSonth
Carolina. .: - " '-'.i
Jtotnrajc? sift. -
Conyened.atU;45,af.ja.,v .
LaFollette eight-hour' bill'f or women
workers; taken? tfpiin xahmltteev
v Passed i Wprkes. resolution f prC( con
stitutional amendment to provide slng
gle, iac-yeaie presidentialitermi T?
Bletions-rmiaittM considered,
elections of Senators Watson and Chil
ton -of We Virginia, with a Wew: to
mvestIgationi,:.aDi.: 01 ..i-wiV-
Adopted .conference report- on ixaiai-
gration bill, oWhlck. jiow. goes . to JPresi-.
Adjourned 'atlf jp.v-m.; until "noon
Monday, : -
- ' vhvt-'i'i ;i-IlSBs4C' v -i a-
.-rCcatenedtatiU sw-rA;:-3-
l Ways and -Means Committee : rcunv:
ed hearings oa, tariff.., ; ,
Continued debate lon District of Cpl-
illerchant; If arms:- Commttte;,' con-
tmued-shipping trust ,Inves1tton,
probing- into Pacifle Central American
Tariff revision, hearings 'were eon-
eluded iby Ways and" Means CommlrteeV
which: nowi'fbeglM':'exeuve;:iaeet22a
p frame bill. t' ur-
.Renresentatlve, Edwards 'introdaced
a bm tblDlciany aesigaate 'CiTil War
'i.Adjonrneait:4;40k pJxL.nul.nop
Sunday heneuIogtarF11 PSrfii0?.
late Senator. Rayner of .Maryland.,
Governments Testimony: Proves JJ ene
fit i To Defendants;. Did Ifot Say Ete
Was Going To Mail Matter V
Ruling that ' there was not enough
evidence ' 'produced by . the postoface
authorities, at theohearin&before Unit
ed State, Commissioner George (Valen-.
tine last Friday, ; the' iour defendants
Messrs. A. ' H. HawklhsM. M. Sh.ep
herd, Ai C-Morris -and F. B. Tlptoa:
were discharged by the commissioner
These gentlemen were arrested: some
time, ago upon the charge of a viola
tion" on the anti-lottery statute of the
government postal laws. Upon the evi
dence brought out by Postoface Inspect
xor ,v. - Ai. seuer they. -. were charged
with sending out unmailahle literature
ref ering to lottery schemes in the giv
ing away of prizes for certain amount
of. cash- purchases and amounts paid
on hackiaccounts. 3 :-.v t .
J'??airr'Evans,. witness for the :
government was, , first : sworn.- He
proved to be" a' good witness! fori the
defense and it was on his testimony
principally 'the defendants :were 1 dls5 '
charged ;. Mr. Evans : stated that he
wasoresppnsihle for getting the eight
circulars wmcn ' were supposed to
have been In the third class mall mat
ter fo'und by thenspector:" MrrEvans
claime4i'thafche had;beeii suggested to"" '
do, the.rwork;bysMrF. E.Tipton, and
that Mr. Tipton Twas not a partner ia
the; scheme, and that he, himself did
not take time to even read the matter
he v was. mailing 4)ut and had not readr'
pie $irculars..on which the charge was
orpgh.t, : to ff this day ; The . most im
portsnt point brought out in favor of -
tb defendants wasv that Mr. Evans
saw he did not state to any of the gen
tlemen that ne'vwas going'' to'-niali' ont
the;,cirpujar. , He told -OiemThewould
aendem put and that he had a list of,
l.doa good people In the county to send
them tot. l--Net' testimony " to cohtradict
this ffcould be? produced rat the; trial.
Pqstoface;- Inspector irt Setzerl was "
sworn, and , testified -that;-Qn:;the.il6tb,
of .December last he was on train No.
ia going "front "Asheville" to Spartan
burgahd that ne ;waB" in;themilicar
when ; a tpouch was : placed in the 'car
ajHenderspQyille f bearing . .the Mabel"
from, the local postofflce to the post
omcf at East Flat Rock. These labels'
werei produced into evidence. Inside
the tpouch vwas a large number of cir
culars: addressed, to persons: at East
FlatfRock, including thp two address-
ed P. HI Walker and W. A. Farr'whlck
were , produced at the court C. M '
aee-of thei local postoffice ' force was '
sworn and stated that he remembered
the, packages going out. but would not
swear, for certain what they contained. .
Diion arguments were, maae oy At
torneys, McD; Ray and W. A. Smith'
and Inspector Setzer.1 '
, Feud airto ,rdangerpai ; bnt runfpr-
tunately we cannot see dirty air as we
' afrtr fdbdrand becew'H'ie
most people are unmindful joT the kind
of ; air: they .breathe,! though, they may
be ever txf nics ci ririctilar-. c.to
the kind of food they eaL '
fW CfTIT TT ' S A IT w V -m . '
Proposition Made to General Assem
; bly" Which Looks Interesting.
, Raleigh. XSpecial.) GovernPr Cralr '
received from E. C. Duncan' a proposi-r
tion. to be transmitted to the general ,
assembly for the state to. sell Its stock
in' the; Atlantic and North ' Carolina
railroad known as -"The Old Mullet"
and. running from Goldsboro ; to "M6re-
head, City. Mr. Duncan to be the our-
chftserfor jhe.rpund;sum,of ?94950 in
cash. The message subsequently went
to -the legislature embodying Mrr Dun-- -can'sr!
The full text' of the
leUeri from -Mr;; Duncan to Governor;
Cralg is as follows; , V ; ...
"ft Is 'mjl desire to purchase ,the,
stock 1 owned ' by the state 1 of North
CaroHna lln -the 1 Atlantic and North
CarblinaiRailroad company. The total
stock, pX: tliesaid; raiJrpad company la
17.972,,shares , of the,, par ,yalue ot $100
each. " Of' this ' 8 took the ' state owns'
&.$66 shares of ' thd ar- value of $l.-f
2P5.W0, and' individuals, -co rporationar
and certain jCounties:;in - the state own
theremainingvShares.pf stock. .There.
isatnibrtgage'upbntie rQa'd,lf,$325a
OCIO.: ' During ' ; the' 7 administration of.
Governor -Aycock this road' was leased:
fqr a-termof $t years and four months -hezjinlng
5eptemberl ; 1804jnexpirinff1
Janimryifl&98 By the terms of this
lasethe lessee pays as rental $53,916"
acniiiliy, payable in two equal install
raenls?iOn'ithei first ol.jJulypand first! of N
Jancaryj this amount, being three pr
cent upon the stock at par.. The. state's
part' of this annual' rental a. $53,916 it
$37,993. -PaynientSt! at thls rate- iwiUri
continue unHTJaliiiary "1, Froia.
Jsnnary;!. 4925 tof jsinary 1, 1935, the
renjtal Thrill ,hj on bails cttthreeand;
oae-lf per. pcnf. i From January .1..
l35to January 131945, the rental wiy
ba':a -lasls 4'pertr -Fr6a5
January X 1915; t January; 1,-1953, tisr
tntalitlljbe hssis .cf four. and,,
one-halt-per",,, cent Fremanuary
l?55if to January v I, ;i$45,"the rentar
wui be1 onca basis of 5 per ceaVanl
during the remaindi,ihrf?trt2j
frora January : 1, 19 Jasaary:-1 .
lM.nT'aI basis, pf.;sixpff cfntr;Th:
lessee . also sys ,ihs.,taxs r and, Ansu
ance"on the property ahdthe lhtertilf -of
the mortgage indebtedness f?S23,-.
000. I lereby-6ffer7the"TOts$t495t
tat cash- fpr its saldi stockVrthls amo.ant
bsing -75 per eeat of 4ta parTslue, anl
I xespeetfully request that"; you traas-
noir tnrsession -for their consideration,
I.b3 to rtaain, your.ebedient ser
V
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