66055971451 6605597
routing
66-05594dcfa1842564d50fNone
Click image to open full size in new tab
Carolina Bank Closed. KINGSTON, N. C., Nov. 26.-When the Farmers' Bank and Trust Company at Lagrange failed to open its doors today, an official of the bank gave as the reason inability to make collections. The closing followed a run on the bank. The institution is said to have resources of $600,000. It is believed depositors are prqtected.
Click image to open full size in new tab
# PERSONAL MENTION. J. M. Hanger is here from Williamsfield, Ohio, on business. His many friends were glad to see him. J. H. Jones was here from Prudence, Fayette county, on business last week. Miss Nancy Smoot, of Smoot, left last week to visit her uncle, J. W. Smoot, in his home at Roanoke Rapids, N. C. Rev. S. R. Neel, D. D., of Alderson, is assisting the local preacher in a revival meeting at Craigsville, Va. W. S. Coursey, late of Lewisburg, writing from La Grange, North Carolina, to renew his subscription adds this which will be of interest to his frineds here: "I am acting as receiver of the Farmers Bank & Trust Company which recently closed and am Active Vice-President of the La Grange Bank & Trust Co." Jas. W. Dwyer, who has been for many months a great sufferer from rheumatism, got home from Buffalo. N. Y., last Saturday accompanied by his brother, John G. Dwyer, who has been with him for many weeks. Mr. Dwyer is fighting his afflictions with persistence and tenacity and maintains that he is better and will win in the end. His family and many friends while encouraged by his hopefulness and determination are not yet relieved of anxiety. S. W. Anderson, who has been confined to his home at Blaker Mills, for two weeks with a bad cold, was in town yesterday looking none the worse fon his confinement. Attorneys E. L. Nuckolls, of Fayetteville, and John T. Sims, of Charleston, appeared in our circuit Court with Attorney J. S. McWhorter representing Dr. W. P. Black, of Charleston, and Dr. Jas. M-Clung, of Richwood, both of whom were present, in a proceeding by the Meadow River Lumber Co. to condemn lands on Big Clear Creek for public uses. Mr Gilmer represents the plaintiffs. The case was continued. W. M. Flournoy was absent several days in Charleston this week. Frank Winter, a prominent attorney of La Cross, Wisconsin, was here last week to appear for Dr. Pearl Swearengen, under indict-
Click image to open full size in new tab
BRING UP BANK DIFFERENCES. Kinston, Dec. 8.-A confusing muddle in which the La Grange Bank & Trust Co., receiver institution for the refunct Farmers' Bank & Trust Co., of that town, has found itself will be aired before Judge Oliver Allen in Superior court here December 26. it was reported today. The issues are said to involve factionalism between t wo elements of stockholders and officials of the La Grange Bank & Trust
Click image to open full size in new tab
NORTH CAROLINA DUNN.-S. A. Jackson, Sampson county farmer, sells 1914 cotton crop, which grades strict middling though nine years old, price being above 33 cents, as compared with saven cents when harvested. He could have sold it in 1919 for forty cents per pound. HAMLET.-Denied marriage license in Richmond county because of age of prospective groom, F. M. Medlock, aged ninety-five, and Miss Lizzie Long, aged 38, each a resident of Hamlet, return from Bennettsville, S. C., where they were married. Groom was born in Liverpool, and has been "minister of gospel" for 68 years, this being third marriage. DUNN.-Body of Leslie Lee, stabbed to death in Detroit, Mich., is brought home, funeral services being held at home of father, J. B. Lee. Lee, 22, unmarried, was slain by Greek while engaged in argument over cost of food, his body being almost cut in two. DURHAM.-Arrested at Durham following arrest of Charles Davis, in Chicago, which broke up alleged nation-wide activity of counterfeiting gang, Thomas J. Davis, well-known Durham county man, and his son, Jack, will go on trial in few days at Raleigh on federal charge involving counterfeiting operations. NASHVILLE.-Mayor Ross announces woman involved in case of Charley Moore, lashed and chased from community by unmasked band, has been ordered to leave town and says Moore admitted before his departure that he "deserved" flogging. KINSTON. - Clerk of superior court announces 62 actions for relief have been instituted against directors and receivers of defunct Farmers Bank and Trust company, of LaGrange. GOLDSBORO.-Atlantic Bank and Trust company enters suit for $20,000 against individuals connected with defunct Farmers Bank and Trust company, of LaGrange, seeking to recover balance due on note. ELIZABETH CITY.-Brokers estimate at $100,000 losses of truck farmers in this immediate section from first killing frost, fall crops of English peas and snap beans being ruined. RALEIGH.-North Carolina Baptists, who pledged $7,052,000 in 1919 to "seventy-five million" campaign, and who hold state convention December 11 at Gastonia, will find four years' payments fall $1,600,000 behind pledges, and "heroic" action is begun with view. of collecting addition $250,000 by convention date. ERLANGER.-Mrs B. C. Scarborough, who has been in ill health several years, dies from what physicians describe as an overdose of a poisonous tincture. WINSTON-SALEM.-Mrs G. A. Follin. 77, dies after brief illness. Her husband is prominent business man. ELIZABETH CITY.-A. L. Chesson, 78, is seriously injured when boiler explodes at sawmill of Chesson Manufacturing company, plant of which recently was destroyed by fire. RALEIGH.-Demand for pardon for Dr. L. B. McBrayer from various sections of state results in Governor Morrison announcing his understanding of law is that he legally could issue pardon relieving McBrayer of $50 fine but can not interfere with requirement of law as to his removal from office as superintendent of state tuberculosis hospital. GREENSBORO.-George McDaniel, young son of Mr. and Mrs. Henry S. McDaniel, dies of injuries received previous day when struck by motor car driven by Sam Brady. ORFORD.-R. S. Usry, 75, retired merchant, for many years prominent in business. religious and social life, dies after long illness. BAKERSVILLE.-Three men are sentenced to state prison and two others given suspended sentences when all plead guilty to manslaughter charge growing out of killing of Lewis Blevins, deputy sheriff, and Arthur Hughes, alleged blockader, several months ago. Henry Troutman and Garfield Hughes are given tenyear terms; Flem Blevins, one to five years. GREENSBORO.-City waterworks funds are increased to $400,000 by
Click image to open full size in new tab
JohnDawson Listed Short In Accounts Hood Files Petition in Lenoir Superior Court Involving LaGrange Bank Kinston, April 1.-(AP)- Gurney Hood, State commissioner of banks, has filed a petition in Lenior Superior Court, Clerk J. S. Davis said today, alleging that John G. Dawson, former Democratic State chairman, is short "more than $45,000" in his accounts as receiver of the Farmers Bank & Trust Company, of LaGrange. The petition and motion ask that re-hearings be ordered on an order signed by Judge N. A. Sinclair early last year relating to attorneys' fees, commissions and expenses of the receivership, and relating to a "final report" as receiver. The bank closed in 1920. L. R. Varser, of Lumberton, and Matt H. Allen, of Kinston, counsel for Dawson, issued a statement say. (Continued on Page Five.)
Click image to open full size in new tab
Dawson Put Back In Old Bank Office Raleigh, April 5.-(AP)-Judge N. A. Sinclair said today he had vacated orders he issued last year discharging James G. Dawson, of Kinston, as receiver of the Farmers Bank & Trust Company of LaGrange, on petition of Commissioner of Banks Gurney Hood, who alleged Dawson is short more than $45,000 in his accounts. Judge Sinclair, residing over superior court here, said the order was mailed to the Lenior clerk of court at Kinston yesterday. The LaGrange bank closed in 1920 and Dawson became receiver in 1921. There were 23 findings in the order made by Judge Sinclair. The judge said that "the interests of every one concerned requires a full and impartial examination of the contentions raised by the exceptions herein, and the commissioner of banks, contending that the counsel fees and other allowances are excessive, and the receiver, contending that counsel conducted about 100 or more lawsuits-for the receivership and also rendered much other valuable legal services, and in the judgment of the court, it is a proper case for a reference so that suf. ficient time and pains can be directed to the examination."