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Newspaper
Georgetown Index
Location
Georgetown, South Carolina, United States of America
Date
Mar 12, 1920
Page
4
The Georgetown Index entered under permit for entry as second class mail matter at the Georgetown South Carolina post office. Advertising rates are set at 20 cents per inch.
Friday March 12 1920 Georgetown launches The Index a locally driven newspaper organized by business leaders to serve Georgetown county agriculturally commercially socially and otherwise. It pledges nonpolitical service to the community and seeks cooperative support to reflect local prosperity and development.
An election is ordered for March 28 to vote on issuing coupon bonds of $50 000 to fund a lighting system. The city also considers buying the Georgetown Railway and Light Company plant if a favorable price arises, as the company currently supplies the city’s electricity.
There is a strong demand in George for buildings both business and residential. Business locations are scarce as almost every store room is occupied. The city shows rapid strides in progressiveness and growth.
Will Enstall Ice Plant will be ready for business in late April. The Georgetown Ice and Fuel Company, a newly formed corporation, will manufacture ice and handle fuel under active management.
Mitchell offers modern improved seed labeled Faultless Boll Weevil Dodger Cotton, claimed as largest boll and highest lint yield with early, prolific, drought resistant traits. Describes King type seeds, early maturing and able to withstand late planting and unfavorable seasons. Prices listed: 12.00 per 100 pounds for select seed and 9.00 per 100 pounds for the King variety.
Messrs J A and G E Doyle of the city plan to operate a new gin at Sugar Loaf Cotton Farm near Youngsville North Carolina. The operation will be ready in a few weeks with modern machinery installed.
William G. McAdoo, former Secretary of the Treasury, urged a one billion dollar annual tax cut for two years by delaying the sinking fund and funding European interest later. He argued current taxes burden business, raise prices, and hinder new enterprise during economic readjustment.
Ex servicemen from Lake City and nearby areas formed a local American Legion post in the Chamber of Commerce rooms with Florence post commander Mr. Fulton assisting. J. C. Williams was elected commander and the group named the post in honor of Wilbur Jones, a local soldier killed in action. The post endorsed a bonus for all ex-service men.
A new American Legion post was organized in Hemingway this week. The largely attended meeting elected officers including Dr Pressly Thomas as post commander G B Ingraham as vice commander C C Campbell as adjutant W T Hemingway as finance officer Miss Ima Burney as historian and Rev George K Way as chaplain.
The March 1 1920 condition report for The Peoples Bank Georgetown lists total resources of 1 251 945 28 with deposits and notes across Banks and Bankers Plans show loans and discounts and various assets. The Bank of Georgetown and Farmers and Merchants Bank also itemize reserves, deposits, and capital with sworn notary attestations. Also notes the death of Capt A H Crews, a Georgetown lumberman pioneer, at age 75 with no surviving relatives.
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