v
8
SRECTDRS DF I
C. RAILROAD MEET
Long Discussion of Situation
in Railroad World Mr
Justice Does Not Think
S
eaboardReceivership was
Due to Hostile Legislation.
Creensboro. X. (. Jan. 4. At the
regular semi-annual meeting of tht
board of directors of the North Car
olina Railroad held in the Benbow
I lot ed here yesterday the usual semi
annual dividend of 3U per cent was
declare .1. There was no other busi
ness transacted, there being some
discussion of the old matter of re
hv.il ling the hotel at Burlington. The
whcle matter was referred to the
state's attorney. Hon. R. A. Dough
ton, for enquiry and report at the
next annual meeting. !
There was of course much discus-
sion of the general railroad situa
tion, and of that of the Seaboard re
ceivership in particular. Gen. R. F. J
Hoke who had a great deal to do
ticularly interesting and impressive
in his comments on the situation de
claring that a dollar, like water:
would seek its level: that not only
the Seaboard but all other railroads
having a big lot of watered stock, no
matter how much fictitious prosper
ity might be shown by figures, would
just like an individual some day,
some time have to come to a show I
down and get on the level of the
original dollar, either by re-organization,
liquidation, or bankruptcy. Gen.
Hoke says the road on which the
Seaboard system was based, was and
is one of the best paying pieces of
property anywhere and the whole
system" is a valuable piece of prop
erty aside from speculation and
stock jobbing ambitions of some of
its chief managers.
There has been so much said about
the Seaboard receivership and its
connection with the rate legislation,
Speaker of the House of Represen
tative Justice was asked today wheth
er he considered the efforts of the
Southern States to fix rates and reg
ulate the operation of railroads, had,
in anv wise, contributed to the ap-
nr.intmpnt of receivers of the Sea-
boad read. He replied: "I am
sure it had not, and I also know that
those most interested and in the
best position to know, do not claim
that it had."
a
cuu-
Build up a Large Balance this
week Funds in Our Savings
Department, Saturday, Jan
uary 4th, . will draw Interest
from January First.
We Pay 4
Ta.ke
otic
9
23
1HH If if ci I'll
January 2nd, 3rd, 4th and 5th
SAVINGS DEPARTMENT
Money Deposited On These Days
Bears Interest from the First of the Month.
Interest Four Per Cent., Compounded Quarterly.
Assets and Stockholders' Liability Three Million Three Hundred Thousand
Dollars.
Commercial National Bank
OF CHARLOTTE, N. C.
Trust Building:
We are offering for quick sale a modern seven-room house, with
lot CG by 150 feet.
The time to buy cheap is when the owner is anxious to sell
and that is the case with this place.
This would make you a comfortable, cozy home and could not
he duplicated now at the price asked $3900.00
Traders Land Company
'Phone 530.
9 West Trade St.
FOB SALE VACANT LOTS FOB HOiES
A Most Desirable Purchase in a Valuable
Farming Tract
335 acres at Polkton, N. C., on So. side of S. A. L. R. R., about 30
acres of tract lying within the corporate limits of the town. Modern
10-room dwelling, 3 new 2 1-2 story barns, crib, granary, carriage bouse,
machinery shed and all farming tools. One 5-room, one 4-room, three
3-room and two 2-room houses on tract: 175 acres in cultivation.
Balance in woodland. Sandy loam soil. . Lies level. Five good wells
of water and number of springs. Suitable for general farming, or
would make excellent stock farm.
We can sell this for a cash payment of $2,000, balance in 4 years,
at a price that would very little more than replace th; buildings.
Address
Southern Heal Estate, Loan & Trust Company
CAPITAL $75,000 SURPLUS $100,000
President, W. S. ALEXANDER Vice-President, R. A. DUNN
Secretary and Treasurer, A MORRIS McDONALD
THE MANAGEMENT OF
The Charlotte National Bank
aims to conduct a careful, conservative, legitimate
business with a fixed policy to extend to its friends
and depositors, in bad as well as.good times, such
accommodations as their accounts and respon
sibility warrant.
If not a customer, we invite you to become one.
B. D. HEATH, President. J NO. M. SCOTT, Vice-President.
W. H. T WITTY, Cashier.
.
t
asssseavi
Corner lot in Dilworth, fine location, $1,250.00
Vacant lot, Ransom Place, beautifully shaded $2,450.00
Three vacant lots fronting on Vance street and railroad, all
for .... . $1,650.00
Vacant lot, N. McDowell street, near Eighth street . . . .$ 500.00
Vacant lot, N. Pine street, high nice location $1,500.00
J. B MURPHY Sr COMPANY
43 NORTH TRLON ST. 'PHONE 842
if
V
Gate City
News Briefs
Greensboro, N. C, Jan. 4. At a
meet ins of the Merchants' Associa
tion last night it was unanimously
resolved that the association encour
age, assist and endorse the hoard of
managers for the celebration next
October of the 100th anniversary of
Greensboro's existence.
Didge & Day, of Philadelphia, have
been given the contract to complete
the interurban line from High Point
to Thomasville, Winston and Greens
boro. Their representative, Mr. Zim
merman, was in this section a few
days ago getting the lay of the coun
try. Work is to be commenced Jan.
20th. A part of the line from High
Point to Thomasville has already
been built.
The new street car of the Greens
boro Electric Company was put in
service yesterday. It is "No. 16"
The Southern Car Company of High
Point, are the manufacturers. The
car is a very pretty, neat one.
A gentleman noting that the first
trin of the new street car company
was made in carrying a load of
Normal girls from the station to tne
college, remarked that the car was
making a very fine and appropriate
start.
There was a decrease in marriage
licenses for December, 1907, as com
pared with December, 1906. In 190
90 marriage licenses were issued b.
Register of Deeds Kirkman as against
114 for December, 1906.
JANUARY 1st will be the beginning of a NEW INTEREST QUARTER.
DEPOSITS made from now till January 5th will draw interest from January
1st. Begin the New Year by starting u Savings Account. Deposits receiv
ed from One Dollar up.
Our Time Certificates bear interest from date.
SoutSiern Loan & Savings Bank
JNO. M. SCOTT, Pres.
V. L. JENKINS, Cashier.
V. S. ALEXANDER, V.-Pres.
THE WEATHER.
Forecast For Charlotte and Vicinity.
Rain and colder tonight. Sunday
clearing and colder.
Y. W. C. A. NOTES.
Rev. H. K. Boyer Will Conduct the
Vesper Service Tomorrow After
noon. The usual vesper service will be held
in the parlors of the Young Women's
Christian Association tomorrow after
lirum fit five o'clock. This will be a
New Year service and the committee
has been fortunate in securing Rev. H.
K. Boyer as the speaker. Miss Eva Ed
dins has charge of the music for the
month of January and will have some
special musical attractions for each
service. The ladies of the city are
most cordially invited to attend.
The Y. W. C. A. gymnasium class
will resume work and all who expect
to join at this time are requested to
communicate with the general secre
tary, 12 North Church street, as soon
as possible. This is an unusually in
teresting class and the members are
very enthusiastic about the work of the
physical director, Miss Caroline Critch-ett.
State Forecasts.
Washington, D. C, January 4.
For North Carolina and South Caro
lina: Rain tonight-with colder in
west portion. Clearing and colder
Sunday. Fresh to brisk east shifting
Sunday to northwest winds.
Weather oo..citior.s.
The area of high pressure central
Friday morning over Kentucky, has
moved eastward to the North Caro
lina coast, and has been the cause
of generally fair, cool weather over
the Atlantic coast states. An area
of low pressure has moved from the
Dakotas eastward over the upper
Bake region, and pressure is low
throughout the Mississippi valley.
Rain has fallen over the Lake re
gion. Ohio and Mississippi valleys,
and the west Gulf states, and there
has been a general, though slight
rise in temperature. Over the Da
kotas, and area of high pressure ap
pears, and has caused fair, colder
weather over the Rocky Mountain
and Slope regions and the Missouri
valley. Indications are for vain and
colder in the vicinity of Charlotte
tonight, followed by clearing and
colder Sunday.
W. J. BENNETT, Observer.
FRESH COCOANUTS
Xk-e oranges 25 to 50c a dozen. Nuts,
raisins, apples, country and eastern
sweet i sola toes. Special blend coffee
20c.
W. M. BURKHEAD.
26 N. College St. 'Phone 732.
YOU REMEMBER
those German Dili Pickles and Saner
Kraut? Wei!, we have another cask
of each. Better than the others. We
also have frankfurters. You can do
the rest.
MILLER-VAN NESS CO.,
The Fancy Grocers.
Phone 68 or 118. 27 N. Tryon.
Mr. Charlie Misenheimer has re
turned to Chapel Hill after spending
the holidays here with his parents,
Dr. and Mrs. Charles A. Misenheimer.
S. A. L. Schedule Change.
The change of schedule on the
Seaboard goes into effect at 12:01
tomorrow morning. No. 40, which has
been leaving Charlotte for Raleigh,
Wilmington and other points in the
east at 6:20, will leave in the morn
ing at 4 o'clock.
The changes in the other trains
are slight. No. 44 leaves 5 p. m.;
1332 at 7 p. m. Train No. 133 will
arrive at 10 a. m. and 45 will ar
rive at 12:35.
HIE, BUILDERS
EGGS 28c
Oranges 21c up. Nuts 15c; cocoanuts
5c; apples 40c; finest cake 20c; moun
tain buckwheat flour 5c; self rising 5c;
New Orleans, Georgia can and Porto
Rico molasses.
BRIDGERS & CO.
203 W. Trade.
DRUGGISTS
ONE 60-EGG
CYPHER'S MODEL INCUBATOR
for $8.00.
Only used one season and in perfect
condition.
DILWORTH DRUG STORE
Phone 247. B. S. Davis.
AjMk MWHi Ms irr droit irko. iwaa Mtnr JGh mla e (M m; I '
43 acres on Rozzel's Ferry road, 5V2 miles out.
19 ares on Lawyers road, 4 miles out.
73 acres on Monroe and Seaboard roads, 4 miles out
62 acres near Mint Hill.
3S acres 4 miles from CityJ
139 acres Eastfield.
Plenty of other good ones. See ns before you buy.
TV Wilkinson & Company
By Opening a SAVINGS ACCOUNT.
Ve Pay 4 Per Cent, and Compound the Interest Four Times a Year.
DEPOSITS
Made by January 5th Will Draw Interest from Jan. 1st.
The Merchants & Farmers National Bank
CHARLOTTE, N. C.
CAPITAL AND SURPLUS $315,000.00
A FARM THAT IS A FARM
Forty acres of land in the highest state of cultivation. "Will
raise bale of cotton to the acre. Good building and barn. Can
be bought cheap. ,
FOR RENT.
8-Room " residence, modern, East Morehcad $37.50
201 Fox Street, 5 rooms $15.00
No. 5 Woodlawn Avenue, 6 rooms..... 13.C0
.EAUTIFUL BUILDING LOT
ELIZABETH AEINUE
$1,000.00 Easy Payments- 50x195 feet.
ompaoiy
203 N. Tryon St.
Phone 535.
FOR SALE BARGAIN
Open until midnight for the sale of
Cigars, Fruits, Candies and such Gro-
10C acre farm 2 miles on Derita ; ceries as ir.ay be needed. The nicest,
road; farm 4 miles out $40.00; cleanest grocery store in Charlotte
acre; lO-acre farm 4 miles out, 5
room house $12."Q. See us before you
buy.
N. J. SHERRILL,
Of Sherrill Spriny.
Phone 918.
V. M. CROWELL,
305 V. Trade St. Phone 744 and 297.
WE BUY THE BEST
AND DISPENSE ONLY FRESH
GOODS.
JAMES P. STOWE & CO.
26 South Tryon.
MISCELLANEOUS
TYPEWRITERS RENTED
100 rental machines, all makes, ready
for instant delivery. Every machine
first class in every particular.
J. E. CRAYTON & CO.
J 217 S. Tryon St.
'Phone 304.
AT THE GEM
Quail received dailv. Lvnnhaven
Cay Oysters on half shell. West Point
oysters cooked in any style.
E. F- CRESWELL, Proprietor.
JOOL
PHONE 370 FOR WOOD, 1
Coal and Terra Cotta Pipe. We beep j
a stock of Fire-proof Flue Pipe and '
Fire-proof Flue Lining. j
C. DOWD A CO. I
'Phone 370. 222 East Sth St !
HOUSES.
Grade Street, 7 rooms, modern
conveniences $20,
902 S. Caldwell street, 5 rooms $12.
Craighead Park, four rooms $10.
Villa Heights, four rooms, per
week -....$ 1.
3 -rooms; modern conveniences
No. 1 Irwin avenue ..$10,
East 7th Street extension, 7
rooms, modern conveniences $22
91S N. Caldwell street, 6 rooms $12
00,
50;
00
00
50 !
50 j
:own & 0..
'Phone 535.
203 N. Tryon St.
Telephone 402
FOR OUR COAL
is "hot stuff" (slangy, but true) when
rightly used in your furnace or stove
for cooking or heating. This fuel is
slate-free, but free burning, has a
large percentage of pure carbon, leaves
iittle useless ash and does not clog up
the fire. We'd like to serve you when
you're in need of coal and wood.
. A. AVANT
WOOD AND COAL.
Phone 402.
The regular monthly meeting of
the Mecklenburg County Medical So
ciety will be held next Tuesday after
noon at 2:20 o'clock, at the City Hall.
WE HAVE SOME VERY FINE
Grape Fruit and Tangerines, which we
are sure will please you.
S. R. LENTZ,
Phone 251. Fred Cochrane, Mgr.
GAME AND PRODUCE
Headquarters Tor . rabbits, quail,
opossums and seasonable game. Fresh
eggs, country butter and all kinds of
produce. New" carload of flour just
in. s
J. T. MULLiS & CO..
42 N. College St. Phone 510
IF YOUR CHIMNEY SMOKES
One of our Flue Stacks will stop
the trouble at once. We paint and
repair roofs.
C. F. SHUMAN
Tin. Slate and Iron Rooffing.
200 N. College St. Phone 511.
REAL tSlAft
TO LET 5-room modern cottage,
$20; plain cottage, bi? yard, front and
back, 10th and D., $12.50; 5 room cot
tage, Dilworth, $15; rooms in Sanders
Building, $5 and $7; barn at $2.00 per
month. Houses also for colored ten
ants. E. L. KEESLER.
J 'Phone 344. 25 S. Tryon St.
BUY A HOME OR INVESTMENT NOW
The best time to buy Real Estate for cither homes or invesements is
NOW.
1st. Because you get a much better trade now than you can in- ten
months from now, as money matters are a little tight now, and in ten months
from now moneyed people will be seeking diligently for good loans, money
will likely be mere plentiful than for some time past. This will make Real
Estate much higher and the demand for property much greater.
2nd. Because you can have building done fifteen to twenty per cent,
cheaper now than last year, as labor and material are both cheaper.
3rd. P.ecause we are offering some fine bargains in homes splendidly
located with all conveniences.'
4th. Because we are offering some fine investments in up-town improved
property and tenant houses which are now paying from 8 to 15 per cent,
on the investment. '
5th. Because these bargains will soon be taken bv wise and prudent
investors.
J5th. Now is the time to buy. ,
J. Arthur Henderson & Bro.
Carolina
Realty Company
id
W. D. WILKINSON, Manager.
B. R. LEE, Secretary. J. P. LONG, Sales Agent.
45 North Tryon St. 'Phone 609.
H. M. VICTOR, Cashier.
H. M. McADEN, President.
First National Bank
(ORGANIZED 1865.)
Capital 300,000.00
Surplus and Profit 250,000.00
Assets 1,900,000.00
Your Business solicited. Every courtesy and accommodation ex
tended consistent with safe Banking.
H. M. VICTOR, Cashier.
tiiMf m im m ii i i m irMwi m i mmrnm mw ran intnt i it
f Hie CSiarSotte Trust Co.
I Pays 4 Compounded Quarterly
f on Savings Accounts
NEW INTEREST QUARTER BEGINS JAN. 1ST
J. H. Little, President L. R. Hagood, Cashier
BS
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Beautiful New 8-Roorn Residence, all
Modern Conveniences, on East
Seventh street, close in.
The Charlotte Realty Co.
A. G. CRAIG, Secretary.
'Phone 377. Office 18 E. Trade St.
?
i
Phone 589.
219 N. Tryon.
Piedmont P;evrk
With its broad avenues,
With its car facilities.
With its water and sewer system.
With its electric lights, for both street and home lighting.
With its high and healthful loca tion.
With its large lots 66x150 and 50x200.
With its fine class of residences.
Is the place to buy fora chaice home site.
We are making special inducements just now, to buvers who will build
homes at an early date and to purchasers of several lots who will build the
right class of houses for investment.
Homes to rent are in very pressing demand in this poular location.
C. Abbott & C
5 'EVERTHING IN REAL ESTATE." TRUST BUILDING.