Mr Reynolds took time to answer my email regarding the flag and this was his source.
The primary source was published by the Clark Co Historical Society and taken from an article that appeared in the News and Courier, South Carolina Nov 12, 1933. The article was submitted to the historical society by J C Monroe descendant.
Now I just have to get my hands on this article and see where that leads. Just because it was printed in the paper does not make it real.