Newspaper Page Text
THE NEWNAN NEWS.
Issued Every Wednesday
J.T. FAIN, Editor and Publish*-**
SUBSCRIPTION BATE. $-.30 PER YEAR.
lirriCiAL PAPER OF COWETA COUNTY.
'Phone No. 20.
OF*ICE UPSTAIRS IK THE WILCOXON ELDG
NEWNAN SHOI.LD GET THIS ROAD.
Another railroad fur Coweta
. County is practically assured. The
particulars in regard to the pro
posed road, us fur as they have
developed uji to tiff-* tinv, will be
found in thn week's NeWs in an
article reprinted from the Atlanta
, Constimtion and in t he jvtition
Read tlie a<iv**rtiv* 'c n' - in 1 he
NeWi and, wl U I 11 V I : On t !l<*
News' jidve'-t i- t« . 1 1 hem yon
read their advertisements in 11ns
paper.
Jump on the News’ subscript ion
bandwagon. Hundreds of
eta’s best citizens already <
seats there and others are
joining this throng.
for incorporation oi the Atlanta,
Birmingham and Atlantic Rail
road Co.
The new road will bean exten
sion of the Atlantic and Birming
ham, from Montezuma, Ga., to
Birmingham, Ala.; with a line
Cow- 1 connecting Atlanta with the new
•cupy
daily
The News is not the kind of
newspaper that follows where*
somebody else leads and brings up
the rear of the procession. The
road and running from that city
to Wedowee, Ala. This Atlanta
branch of the road will pass
through Coweta County at some
point; probably through the ex
treme northwestern part of the
county, if the owners of the road
are allowed to follow their pres-
News proposes to stay in the front lent inclinations in locating their
rank and lead the parade. This line; but, this road should pass
fact is worthy of consideration by through Newnan, and the News
all citizens of Coweta who want a believes it will come this way if
live county newspaper. |oiir people make a concerted effort
to bring it in this direction.
Newnan is the largest and most
The News has a large corps of
county correspondents nod they j important town this proposed line
are sending in newsy, interesting
letters. More correspondents are
wanted,in towns and communities
could puss through, in running
from Atlantu to Wedowee, Ala.,
The road should come here in a
where the News now has no rep-idirect line from Atlantu and then
|
resentatives. Prospective corres-lgo through Franklin mid on to
pendents will lie interested in the
great correspondent s’ contest , an
nounced on another page of this
week’s News. Bead it ; and call
on or write to the editor if you
wish to join tin* News’ increasing
force of county reporters.
(INI THI NEWS APPRECIATES.
We gladly welcome to our < x-
cliange table tlie Newnan Weekly
News, edited by Mr. ,1. T. Fain,
who had charge of the
Tribune for several years. We
like Fain, and like to rend anyi
paper he edits. Jle is u splendid j
follow, and a bold, fearless and
independent writer.—Hon. John
N. Holder in The Jackson Herald.
Hit lARMtRS VNELI WIN.
If Southern farmers stick to
gether, hold the cotton now in
their hands for Id cents and re
duce acreage and fertilizers L’n per
cent, this season, they will win
1 ho greatest light in the history of
Southern agriculture. The News
believes thu farmers are going to
st ick and w in t his light.
Away back in Januaiy, before
the New Orleans convention was
hold and tin* Southern Cotton As
sociation Was organized, the News
gave its unqualified endorsement
to the holding and reduction
Wedowee. This mute would be
almost an air line from Atlanta
to Wedowee and it would place
the largest town between those
points (Newnan) on the line of
the new road, as well us tlrj most
important town now without a
railroad [Franklin] that could he
reached by the proposed road.
The Atlanta, Birmingham and
Atluntic ought to run through
Newnan ; and, if our citizens make
Walton the proper efforts to get it headed
this way, the News believes it will
he built through this city.
Nt* SCH001 BUILDING NEEDED.
Tin* question of enlarging New-
nan’s public school buildings, or
erecting another building, is now l
being discussed by citizens of the
city. The present school build- j
iugs arc greatly crowded and it is j
evident that an early solution of
this problem is imperative. Tin j
difficulty may he met in one of
two ways: By enlarging the pres
ent school buildings or b\y erect
ing a new building. The last
named plan is favored by Super
intendent Pickett and manyciti-j
zens and they think a new build- !
ing ought to he erected in the I
southern section ot the city—on or j
near Greeneville Street.
Summed up, the conditions con-
movement and also emphatically fronting the city are these: Rooms j
endorsed the Coweta County Cot- j and teachers must be provided for
ton Growers’ Association, which the city’s increasing school popu-j
was organized before the New Or-; lation, which is already overflow
ing the present school buildings,
and the question is shall it be
loans Convention assembled. In
view of these facts, the News con
siders itself a pioneer in t his I done by enlarging the old or erect
movement; and, consequently,
greatly rejoices with the farmers
ing a new building. A new build
ing in south Newnan is favored
ol'Coweta County and the entire j by those who point out the fact
Bouth because of the fact that i that the distance from that sec-
t his movement has grown to such j tion to the present school build-
magnificent proportions and en-j ings is very great, and it is claim-
joys such great promise of success ; ed that some children no not at-
for the future.
In this connection the
j tend school on that account. It
News ie said that a school in that part
directs the attention of its readers of the city would relieve the con
♦o the able and patriotic address i gestion at the present school and
of President W. A. Brannon, of
the County Association, to the [distance for
farmers of Coweta County. This I children,
address will be found on another
place a school within easy walking
a large number oi
The News is informed that the
page of the News : and this paper : City Council and School Board
urges its farmer friends to read are considering this problem and
and consider Mr. Brannon’s arti
cle; and then 1< t every farmer and
it will doubtless be settled at an
early date. The News wants to
landowner in the county rally tolsee it settled in the interest of
the support of this great and vital progress in the city schools and
movement to improve agricultural
conditions in the South.
will contribute its efforts to effect
such a settlement.
ON MARCH
28,29,30,
Our repre-
The Man Who ^ sentative will
Thinks
•bout what he buy* te tin man
who, when he if thinking
about fanntnU
Wears
Desbecker-
Block
Made-to-Order
Clothes.
Tfctr arc an* tr eric* u.
hMl from »,lr Iron, Uk be*
ofcriri* Ulrica by Uoftsi
Trim.
Orr S Powell
display over
five hundred
Woolens in
every con-
c e i v able
weave. Drop
in and be
Tailorized.
1850 Fifty-Fifth Annual Statement. 1905
Aetna Life Insurance Company
of™"""™™
Hartford, Connecticut.
MORGAN G. BULKELEY, President.
The leading Insurance Company in New England, and the Larg
est in the World Writing
lilt, Accident, Health and liability Insurance
January 1 st, 1 905.
Receipts in I 904.
Premiums f 12.6<>S,i)2if 7?
interest, rents ami from other son roes. 3.062,(538 99
Total Jucome iti 1904. . (16,981,666 76
Disbursements in 190*4.
IJenlti Claims - $2,800,586 61
Matured Endowments ... 1,528,085 00
Death and Indemnity (Accident and Liabil
ity) 1,281,022 62
Dividends to Policy Holders.— .. 724,028 08
Surrendered Policies - 546,989 71
Commissions to ageuts. — .... 1,007,478 26
Agency Expenses, Medical Examinations
and Miscellaneous Expenditures 656,870 88
Dividends on Capital Stock (Life) — 2(H),000 00
Dividends on Capital Stock (Accident ) . 50.000 00
Taxes — - 354,088 04
Total expenses (Accident and Liability
Business) . 1,410.452 47
Assets.
Real Estate acquired by foreclosure $ 178,164 74
Office Building . 460,000 00
Cash on hand and in banks . 7,076,028 80
Stocks and Bonds . ... 24,490,886 00
Mortgages securad by Real Estate .. 32,686,817 72
Loans on Collaterals 1,051,394 62
Loans secufbd Policies of this Company 8,801,504 08
Interest due and accrued Dec. 81, 1904.. 818,732 65
Premiums m course of collection and
deferred Premiums (net).. .. . ,674,112 68
Market value of Securities over cost, less As
sets not admitted ($55,743 07) net. 2,318,796 55
Agents Balances and Bills receivable . 55,145 57
Total Disbursements in 1004
Excess of Income over Disbursements in
10,758,856 06
'04 6,172,700 80
Paid Policy Holders in 1904
9 6,971,793 55
Total Paid Policy Holders from
Organization in 1850 to Janu
ary 1,1905
$145,918,246 86
Life Insurance issued, revived and paid
for in 1904. $28,866,967,00
Life Insurance in force January l, 1906 237,304,780,00
Accident Insurance in foroe Jan. 1, 3906 237,236,164,66
Number of Policy Holders Jan. 1,1005 226,011
Total Assets, January 1. 1006 $73,600,178 81
Liabilities.
Losses and Claims awaiting farther proof,
and installment claims not yet due (Life) $ 305,147 00
Losses and Claims awaiting further proof,
and not yet due (Accident and Liability) 588,727 66
Surplus Reserve for special class of Policies
and dividends to Policy holders not yet due 708,626 37
Premiums paid in advance and other Liabili-
_ffe« 61,002 85
Reserve on Life. Endowment and term policies.
4 per cent, standard on Old Business and 3)„
per cent, on Policies issud since 1900,. 61,858,783 00
Less value of Policies of Re-insnr
auce, $40,969,00 .. ... .61,817,814 00
Special Reserve, in addition to the Reserve
above given,. 2,194,786 00
Unearned Premiums on accident and Liabil-
ity insurance 1,274,344 28
Special Reserve on Liability Insurance 100,000 00
Total Reinsurance and Special Reserve "
and all other Liabilities 67,140 588 16
Guarantee Fund in Excess of requirements by
_ Company’s Standard _ 6 555,640 63
Total Liabilities Jan. 1, 1905 7T696 _ lT98T
Guarantee Fund in Exoees of requirements ’ ’
by Standard of Connecticut and other
Statee - 8.850,426 65
Great
lucreaee in Assets.
Increase in Guarantee Fund over re
quirements
lncrea**<ein Premium Income.. .. .
Increase in Total Income
Gains in Business in 1904
$5,628,336 16 Iucrease in New Life Insurance is6ned and
P* 1 * 1 for ......... $2,225,105 00
883,884 10 Increase in Life Insurance in Force.. . 14 001 862 00
1,135,(568 90 Increase in Accident Insurance in Force 8,618 926 66
.. . 1,372,682 20 Increase in number of Policy holders.. *11,648
F. M. BRYANT, District Manager,
Newnan, Georgia.
B. A. J. Smith, Esq., of Palmetto.
ex-Tax Collector of Coweta County, was
mingling with friends here last Tuesday.
Insecticides. Poisons, etc., fer house
hold use. such as solution corrosive
sublimate, quicksilver, etc at Holt &
l Cates',
The sixth and last Lyceum Course at- i Judge F. M. Longley and Col E T
traction is the Old Homestead Quartette Moon went np to Newnan Tuesday and
Company, which appears at the Audi- Wednesday of last week, both appearing
tonnm on March 2otb. , . ^ ^
as counsel in the case of G. A. and A.
W. E. Cotter, Esq., of La Grange, H ' vs the Southern Female
representing the Southern Mutual Life College, though on opposing sides.—l a
Insurance Co., is in the city this week. Grange Graphic.
