Smithfield Needs:
—Bigger pay roll.
_New Hotel.
-Renovation of Op
era house.
- More paved streets.
miihficlti fimtto
■-Chamber Commerce
Johnston County’s Oldest and Best Newspaper
Established 1882
GWv-fourth Year
“We Like
Smithfield—
You will too”
*
SMITHFIELD, N. C., TUESDAY MORNING, AUGUST 18, 1925
Number 79
Mr. Farmer: It Will Pay You to Sell Your Tobacco in Smithfield This Season
Philanthropy of
Concern A
Hearing at Raleigh Reveals That
Ivan hoe Manufacturing Co.,
Helped Weaker Institutions;
F. K. Broadhurst On Stand.
HEARING NOT COMPLETE
Raleigh, Aug. 14—First hearing in
the Ivanhoe Manufacturing company’s
|800,000 failure in Smithfield in the
spring of 1925 occupied nearly a
whole day before Referee Joseph
Blount Cheshire, Jr-, this Friday and
the start has hardly been made.
The examination of Frank K.
Broadhurst, treasurer and general
manager of the mills, consumed all
the hours between 11:30 this morning
and 6 this afternoon. Mr. Broadhurst
was put through his all day mquisi_
tion by Josiah William Bailey, rep
resenting some of the creditors and
stockholders in the mill who will find
the mill a more mysterious institu
tion after they have heard all about
it than they ever regarded it when
they knew nothing about it. In the
present phase of controversy the
stricken people are seeking to know
what was done with the money. They
will learn a great deal.
The facts brought out today were
first of all that the Ivanhoe is a
grand old southern corporation and
was noted for its hospitality. Ttte
way it helped out weaker corporations
was noble and it has a long line of
losses attending its philanthropy.
There is a dispute whether the cor
poration was alw'ays backing the ac
tivities of treasurer and general man
ager, but Mr. Broadhurst made an
admirable witness and he pretty well
established the liability of his asso
ciates, which was altogether pleasing
to the complainants.
The testimony developed the fact
that the mill lost fearsomely in spec
ulation. Josh Billings never regarded
calico a bigger fool than calico prov
e dto be during many of the years
just passed. Cotton is calico. Mr.
Broadhurst’s testimony showed that
in 74 tries on the market his company
had disaster and in only four suc
cess. The losses on cotton approxi
mated $375,000. The company sought
also to finance Harry Atwood’s Ve
neer company, but the famous avia
tor did not make his air castles solid
ify into anything so substantial as a
successful manufactory and the com
pany took over $20,000 in losses
there. There were other concerns into
which the mills put money and’lost.
Of these just a hint was made today.
There will be another hearing in early
September, the third day, to be ac
curate. At that time other testimony
will be offered.
Mr. Bailey developed his testimony
while the Outz and Anderson com
panies, great brokers, listened and
learned something of the ways by
which they lost $137,000 and $175,000
in deals with the Smithfield company. •
The Murchison National bank folks
also had a man here and he heard
someting about finance. There are
sundry banks which have been hard
hit by the failure. Some of the direc
tors are inuorserh ucigut/D
in finance, $175,000 and $200,000. The
hearing was in six figures.
Salaries figured big today. It was
testified that the Ivanhoe mills be
gan in 1909 and there was in 1916
a move that brought the company in
to its present corporate shape. The
company began by paying its pres
ident $74 a month, its next officers
$41.66 and its directors $25 a month.
Its treasurer and general manager
received $300 a month. Later these
salaries went up rapidly and it was
not long before the company was
paying its directors $5,000 and by
1919 and 1920 they were voting them
selves $1,000 a month. They never
did pay that amount to themselves,
however, because the mills did not
produce in those distressful times
such revenues as justified this wage
The Broadhurst salary was lifted soon
to $15,000, then to $21,000 and the
president’s went up correspondingly.
Mr. Broadhurst testified that these
salaries were allowed by the board of
directors but he declared that they
were never recorded in the minutes
Mr. Bailey interrogated him on many
individual items which he explained.
Mr. Broadhurst declared that the
^ eneer Products company, the Harry j
Smithfield
ids Its Downfall
G. W. Hicks Brings In
First Boll Open Cotton
Mr. G. W. Hicks, was the first to
bring an open boll of cotton to this
office. He brought one lasti Thursday
afternoon which was grown on his
farm near town. It was of the Mexi
can Big Boll variety. Mr. Hicks said
that open bolls were scattered all
over the field. The cotton was plant
ed on April 13. Mr. Hicks said he had
a good many boll weevils.
Mr. J. N. Cobb was the next to re
port open cotton. That was also re
ported on Thursday. The cotton was
grown by Gartha Sanders, colored, of
Ingrams township, who said he had
had open cotton for five or six days.
NATIONAL GUARD
LEAVES FOR BRAGG
The fifty-eight men who compose
the National Guard here left Sunday
for Fort Bragg where they will re
recreation. Capt. St. Julien L.
ceive fifteen days of training and
Springs had charge of the soldiers
until they reached Fort Bragg. Little
Bennice Boyett is the mascot for the
company.
Before leaving the soldiers lined
up by the Sundry Shoppe where each
one was served a coco cola by Mr.
D. Carlton Stephenson. At the
station Judge F. II. brooks served ic?
cream to each departing soldier.
UNION MEETING AT
ST. MARY’S CHURCH
The union meeting of the 1st dis
trict Free Will Baptist western con
ference will convene with the church
at St>. Mary in Wilson County on
August 28, 29 and 30. The following
program will be given:
FRIDAY
11 a. m. Introductory sermon, by
Elder J. H. Whitley.
12 noon: Dinner.
1 p. m.: Devotional, Elder E. Post- j
on.
1:30 p. m.: Remarks, Moderator.
2:00 p- m.: Appointment of com
mittees.
3:00 p. m.: Adjournment.
7:45 p. m.: Devotional, J. E. Davis.
8:00 p. m.: Sermon, Elder L. T.
Phillips.
SATURDAY
9:30 a- m.: Devotional, Elder W.
M. Ferrell.
10:00 a. m.: Round table discus
sion: “The Great Need of the
Church”, led by Moderator N. S.
Lancaster.
11:00 a- m.: Devotional, Elder E.
T. Lucas.
11:15 a. m.: Sermon, Elder C. M.
Johnson.
12:15 p. m.: Dinner.
1:30 p. m.: Song, by audience;]
prayer, by Walter Williams.
1:45 p. m.: Report of committees.
3:00 p. m.: Petition for next union. .
3:30 p. m.: Remarks by Moderator
4:00 p. m.: Prayer, W. G. Boykin.
Adjournment.
7:45 p. m.: Devotional, E. G. Hol
land. ,
8:00 p. m.: Sermon, A. A. Wells. 1
9:00 p. m.: Adjournment.
SUNDAY
11:00 a. m: Devotional, by N. D. 1
Wiggs.
11:15 a. m.: Sermon, Elder J. W.
Alford.
Atwood venture, was loaned the $20,- i
000 which showed on the books. The 1
company’s business burned. It had no <
insurance and the loss was complete, i
It was declared that had the veneer 1
company survived it would have fur- 1
nished material to the mills far more 1
cheaply than they were able to buy i
them elsewhere. ;
It> was manifest in the hearing to- i
day that Mr. Bailey sought to at- )
tach responsibility. If it could be j
shown that the Ivanhoe company in (
no wise backed Mr. Broadhurst or i
authorized his dealings, men prom- 1
inent in its organization and mana- 1
gement might be able to sustain their
contention that thie company owes i
them heavily. For instance, then, the 1
Austin-Stephenson company with two i
claims of $113,980 and $118,490 is in ]
the relation of creditor, but if it '
should be shown that this company | <
COOPS ADVANCE
$75 ON THE BALE
Five Dollars Bale More Than
Initial Advance Last Season
Authorized Tuesday.
STANDARD VARIETIES
Raleigh, Aug. 14.—In a regular
monthly session Tuesday, the Board
of Directors of the North Carolina
Cotton Growers Cooperative Associ
ation authorized the follownig initial
advances to be made to members on
delivery of 1925 crop of cotton:
On bales weighing 500 pounds and
up $75.00.
On bales weighing 481 to 499 pounds
$70.00.
On bales weighing 451 pounds
to 480 pounds $65.00.
On bales weighing 401 to 450
pounds $55.00.
On bales weighing 351 to 400
pounds $45.00.
This is $5.00 per bale more than
the initial advance of last season. In
addition to trying to induce their
members to grow the right type of
cotton by planting select seed, the
Association Management is in co
operation with all other State Man
agements in trying to get the mem
bership to pack as near the 600
pound bale as possible and to adhere
strictly to the recently adopted South
ern Mill Rules of putting only 22
pounds or 4 4-10 tare to a 500 pound
bale. There never was a more mis_
taken idea carried around in the
n.inas of the farmers than that they
sell bagging and ties at the price of
cotton. Bagging and tdes is simply
a container for preserving a very val
uable product. 6V2 or no more than
seven yards of two pound bagging
and six ties is sufficient wrapping for
a 500 pound bale. The Cooperatives
have been stressing the point of
standardizing on such varieties as
Cleveland Big Boll and Mexican Big
Boll, and getting away from the ex
ceptionally short varieties, and also
the long staple varieties, in order
that they might produce a heavy bod
ied type of cotton that is so much
desired by Carolina Manufacturers,
as well as the types that are so much
in foreign demand. To show what
measure of success they are meeting
with in this request, the Cotton As
sociations handled over 11,000 bales
af staple cotton of various and sun
dry types during its first year’s op
erations. This was cut down to 3000
bales the second year and less than
300 bales last year. Mr. T. H. Rob
ertson, the Bremen Representative of
the American Cotton Growers Ex
change, was in Raleigh today, and
commented somewhat at length on
the reputation that North Carolina
coton was obtaining in Germany
ind in Russian textile centers.
was responsible for the business
nethods of the mill company these
heavy claimants might be out of
uck.
Edgar D. Broadhurst, of Greens
>oro, member of the Smithfield family
nterested in the mill, came down
md represented Frank K. and J. J.
3roadhurst at the hearing today.
Fames H. Pou and Ed. S- Abell, ap
)ear for one set of the mill men, Mr.
Bailey for another and Murray Al
en and Willis Smith for brokers- It
s hardly probabl ethat the hearing
can be finished in less than two more ■
■ull days.
At the close of the testimony to
lay Kenneth Gant, trustee, called at_
mention of the court to the fact that
he mills have had $515,00 insurance
in them and the companies now de
lire to reduce the premiums since
he $515,000 represents an excessive
valuation. It was decreed that the
rustee should handle the insurance
n his own way. The hearing was then
idjourned until September 3.
The hearing was filed with the sug
gestion that the company has been
rambling in cotton and that the bro
irsage firms which traded with them
vill find themselves up against the
aw which invalidates gambling con
racts.
In that event it is barely possible
hat some of the companies holding
heir portion of the $400,000 indebt
■dness growing out of the cotton
ilunges, will lose their day in court,
rhe testimony is all headed in that
lirection at this time.
DIAMOND THIEF
CANGHT IN VA.
Sheriff Parker Will Bring Him
To Johnston County Jail
To Await Trial.
ONE DIAMOND RECOVERED
A message to Sheriff J. P. Parker
here yesterday morning instructed
him to take out requisiton papers for
Charles Watts, who is in jail in Nor- 1
folk, charged with robbing Miss
Margaret Parker at Turners Bridge,
near Smithfield, Sunday, August 9th.
Our readers will recall the story of
how Miss Parker of Georgia, who was
visiting her sister in Wilson, was re
lieved of $4,000 worth of diamonds
as she was motoring with Watts
through Johnston County- Watts
was arrested in Richmond last week
and taken to Norfolk where there
was a similar charge against him -
for robbing a West Virginia lady j
Miss Parker returned to Wilson from
Norfolk Saturday night where she
identified Watts as the man who rob
bed her of her rings. She recovered
the most valuable ring and the oth
ers are in pawn. The pawn brokers
attached the money that was found
on Watts’ person. Watts was placed
in jail in default of a $5,000 bond.
Officers will bring him to the Johns
ton County jail at once.
UNION MEETING AT
LIVE OAKS CHURCH
Little River Baptist Union Meet
ing to be Held at Live OaR
August 20 and 30.
J. A. CAMPBELL TO SPEAK
The Little River Baptist Union
Meeting will be held with Live Oak
church on August 29 and 30. The pro
gram committee was very fortunate
ii securing Prof. J. A. Campbell,
president of Buie’s Creek Academy,
to preach on Sunday and also speak
in the afternoon. A treat is in store
for all who hear Prof. Campbell. Be
low is the program for the meeting:
Saturday
10:00 Devotional, W. C. Whitley.
10:15 Roll call of churches and min
utes of last Union.
10:30 Organization.
10:55 Offering to cover expense of
Union.
11:00 Sermon, Rev. R. M. Von Mil
ler.
12:00 Announcements, Rev. Elbert
Godwin.
Adjournment for lunch.
1:00 Devotional, Nevelle Stancil.
1:15 Our Church Covenant, Rev. A.
R. Creech.
1:45 Hospitals, R. E. Earp.
2:10 Religion in the Home, Rev.
W. D. Stancil.
2:40 Consecration, J. T. Holt.
3:10 Adjournment.
Sunday
10:00 Sunday School.
11:00 Offering for Orphanage.
11:05 Sermon, Rev. J. A. Campbell,
Buie’s Creek.
12:05 Announcements, Rev. Elbert
Godwin.
Adjournment for lunch.
1:10 Devotional, Walter Henry.
1:25 Christian Education, Rev. J.
A. Campbell.
2:15 Temperance, Rev. C. S- Creech.
2:45 Report of Committees.
2:55 Round Table Discussion.
3:30 Adjournment.
W. S. Earp, Rev. W. D. Stancil,
Ava Richardson, Program Com.
J. B. Creech, Moderator;
J- R. Atkinson, Clerk.
S. S. Picnic at Carter’s Chapel
There will be a Sunday school pic
nic at Carter’s Chapel Baptist churdh j
Friday August 21. Everybody is cor
dially invited. We expect to have good
speakers and a general good day.
R. G. NARRON, Supt.
J. R. ATKINSON, Sec.
Grice-Barnes
Mr. Robert Grice and Miss Lillian
Barnes, both of this county, were
married here at the court house Thurs
day morning about) 10:30 o’clock.
The ceremony was performed by Jus
tice of the Peace D. T. Lunceford.
CLAYTON LADY TO MAKE
CANADIAN TOUR
Among those who will tour East
Canada at the expense of the News
and Observer, as a reward for se
curing subscriptions to that paper,
is Miss Gladys Barbour, of Clayton.
Mrs. Bessie Ferguson of Clayton will
be in the party also, there being sev
eral who will make the trip at their
own expense.
86 CASES ON
COURT DOCKET
A criminal term of the Johnston
Superior court opened here yesterday
presided over by the Hon. W. A. Dev_
in of Oxford. Th ecourt calendar had
previously been set and is composed
of 86 cases, two of which charge the
defendants with the crime of rape,
and one charges murder. The grand
jury was drawn and impaneled with
C. M. Wilson of Wilson’s Mills, as
foreman. Judge Devin delivered an
able charge from the bench in which
he avoided many of the legal terms
understood only by the lawyers, and
got down to a plain mai/ter of fact
talk, which was easilly understood
by all. In his charge he plead for law
enforcement and good citizenship de
claring that no good citize nwould any
more violate the laws of his state
than he would disobey the words of
his mother. His charge included the
usual instructions to investigate all
indictments, the county institutions,
the county offices. At the close of
his address, the grand jury assumed
their duties and the court began its
work upon the calendar before it.
Death of Mrs. P. W. Lassiter
On Friday morning, July 31, the
Angel of Death entered the home of
Mr. P. W. Lassiter and took from
him his devoted wife. She had keen
in failing health for some time but
■was confined to bed for only two
days before her death.
She was born March 20, 1860, mak
ing her stay on earth sixty-five years,
four months and eleven days. She
leaves to mourn her death nine chil_
dren, all of whom are living. They
are as follows: Mrs. Vickie Lassiter,
of Seattle, Wash.; Messrs W. J. and
D. 0- Lassiter, of Ingrams Town
ship; S. E. and J. E. Lassiter and
Mrs. R. C. Moore of Four Oaks; C.
A. and T. H. Lassiter, of Elevation
Township; and Mrs. Hal Stevenson, of
Pleasant Grove Township. She also
leaves one sister and five brothers.
She was a faithful wife and a de
voted mother, always interested in
the welfare of her children.
“Oh, the tender love of mother,
What with it can compare?
Always hopeful, always helpful.
Helping us our burdens bear.’”
The funeral service was conducted
at the home Saturday afternoon by
Rev. Dock Johnson. Interment was
made in the family burying ground.
There was a large crowd of relatives
and friends present to pay a trib
ute of respect.
J. E. LASSITER.
Death of Z. G. Edwards
It was a great shock to the people
of Princeton and Rains Cross Roads
to learn of the death of Mr. Z. G.
Edwards, their friend and neighbor.
Mr. Edwards died suddenly at his
home on July 26. He is survived by a
wife and six children. The children are
Mrs. Tom Aycock, Mrs. Pat Fields,
Mrs. Jessie Snipes, Mrs. George Wor
ley, Miss Eva Edwards and little
Lester Edwards. He also left a mother
and father, Mr. and Mrs. J. D. Ed
wards, two brothers and four sisters.
Mr. Edwards was a faithful mem
ber of the Rains Cross Road church.
His funeral was preached by his
pastor, and he was laid to rest in
Rains Cross Roads cemetery, July 27.
Written by a lonely sister,
MRS. A. K. WORLEY.
Milk is said to be the best food of
all, but to live up to its reputation,
it must be kept clean and cool, says
John Arey, dairy specialist at State
College.
A CARD OF THANKS
My husband and I wish to thank
each and every one for their kind
ness during my sickness. May God’s
richest blessing be upon them is our
earnest prayer.
MR. and MRS. J. T. PUCKET1T.
JOHNSTON CO. HAS
MANY BLESSINGS
Thanksgiving Service Next Sun
day Should Bring Together
Large Crowd Citizens
ALBERT COATES TO SPEAK
Judge F. H. Brooks, who has been
chosen to preside over the Thanks
giving service to be held here next
Sunday afternoon at three o’clock,
calls attention in the following com
munication to the editor of some of
the things for which Johnston coun
ty should be thankful.
“I want to say just a few lines to
call the attention of the people of
Johnston county to the Thanksgiving
service to be held in Smithfield on
next Sunday afternoon, August 23,
1925, at three o’clock.
“I have traveled by automobile
from Smithfield to Beaufort and Wil
mington on the coast, and to Char
lotte and have been to Asheville, and
I can say without hesitation and
without fear of contradiction that
Johnston county has the best crop of
cotton, tobacco, and corn that I have
seen in any county. I have passed
through a great many of the coun
ties that have suffered severe drought
and the crops are a complete fail
ure. Many fields that I saw would
not make a barrel of corn on ten
acres, or a bale of cotton on ten
acres. These people are in a deplora
ble condition and we should have
nothing but sympathy for them. I
merely call attention to this to con
trast the conditions in those coun
ties and that in Johnston.
“For our wonderful crop prospect
and the blessings that we have en
joyed in the county, and being ex
empt from the hail, wind, tornado and
cyclones, that have visited
places, the people of Johnston coun_
ty ought to come together en-masse
in a truly spiritual and grateful
manner and give thanks to Almighty
God for these blessings.'
“Greater blessings, I believe is the
great spiritual blessing that has come
to Johnston county this year, first
because of the Ham-Ramsay evange
listic services, which have been a
blessing to the county, many hun
dreds of souls being saved and many
hundreds of souls being reclaimed
and refilled, and a spiritual awaken
ing of that meeting is being contin
ued, and all over Johnston county,
since the close of the meeting on
July 5, have been held various evan
gelistic services and many hundreds
of sinners have been saved and the
church members restored to higher
plane of Christian living. God has
surely done wonderful things along
spiritual lines in Johnston county, and
I feel for this reason that the people
should come together on next Sunday
afternoon and render thanks to Al
mighty God.
The meeting was put on Sunday
afternoon so that there could be no
excuse for the farmers or business
men claiming that he could not leave
his business. The Sabbath Day is set
apart as a day of. rest ;by Almighty
God for his worship, and I believe
there could not be a more truly and
thankful day of worship and rejoic
ing if the people would come togeth
er in the right spirit on that day.
“Mr. Albert Coates, professor in
the Law Department at the State
University, and a Johnston county
boy, will deliver the principal ad
dress, and we are hoping that a
great number of men and women
from every part of the county will
feel compelled to say a few words.
“The singing is in charge of Bob
Thomas and Ira W. Medlin and we
hope to have some good singing.
“If the court house will not hold
the people, and it should not, we will
hold the meeting on the court house
lawn. I urge every man, and woman
boy and girl, who feel grateful to Al
mighty God for these blessings, tem
peral and spiritual, to be in Smith
field at the service to be held on next
Sunday afternoon at three o’clock and
join in this service.
Announcement.
All interested in the John R.
Creech graveyard will meet there and
clean it up on Thursday, Aug. 20
All are requested to bring hoes,
rakes, shovels and come ready for
to work. T. A. CREECH.