Winston-Salem Twin City Sentinel Sold to Frank E. Gannett, Aug. 14, 1926

Twin City Sentinel Sold to Rochester Company. . . Headed by Frank E. Gannett of Times-Union There—Other Men to be Associated with Him. . . Mr. Gannett Owns Seven Newspapers. . . Deal Is Said to be the Biggest Ever Pulled Off in the State—Negotiated by Harwell & Cannon

Winston-Salem, N.C., Aug. 14 (AP)—Announcement is made of the sale of the Twin-City Sentinel by Rufus A. Shore and Henry R. Dwire to a company headed by Frank E. Gannett of Rochester, N.Y., and including as resident part owners W. M. Clemens, formerly of Knoxville, Tenn., and Warren Ingalls of Elmira, N.Y. Mr. Clemens will be vice president and editor; Mr. Ingalls secretary-treasurer and business manager.

The present independent policy of the paper will continue. The sale is said to be the largest newspaper deal in the history of the Carolinas. Mr. Gannett is the principal owner of seven newspapers in New York state located in Rochester, Utica, Elmira, Ithaca and Newburgh. He was the founder and still is president of the New York State Publishers Association, a trustee of Cornell University, and president of the Cornelian Council. Mr. Clemens, a native of Louisville, Ky., was formerly secretary of the Southern Newspaper Publishers Association and has been managing editor, editor, or general manager of newspapers in Birmingham, Mobile, Memphis, Knoxville and Atlanta. He was father of the Code of Ethics adopted by the Southern Newspaper Publishers Association. For the past few months he has been serving as managing editor of the Rochester Times-Union, Mr. Gannett’s leading newspaper.

Mr. Ingalls, formerly of the advertising department of the New York Herald and the New York sun, has recently been advertising manager of the Elmira Star-Gazette, Elmira Advertiser, and Elmira Telegram, all Gannett newspapers. He received his military training in Southern camps and served with distinction in France as a member of the A. E. F. The deal was negotiated by Harwell & Cannon, newspaper brokers of New York City. Mr. Gannett and associates were represented by Stephen J. Warren of Rochester and Messrs. Shore and Dwire by Manly, Hendren, and Womble of Winston-Salem, as counsel.

From the front page of the Concord Daily Tribune, Saturday, Aug. 14, 1926

newspapers.digitalnc.org/lccn/sn92073201/1926-08-14/ed-1/seq-1/