The western sentinel. [volume] (Winston-Salem, N.C.) 1887-1926, 1888-04-05
PRICE 5 CENTS.

oHe InOuSanu collars each, OF the bank
stock was sold to the following named
parties and they were elected addition
directors Rev. G. [. Baily, Messrs.
E. H. Lee, q. e Leach, d. +. Az
era, and NJ. T. Norris.
These new directors gave notice that
they had been induced to become
stockholders and directors of toe
State National Bank by the fraud
ulent misrepresentation of G. E.
Gross, President, and Sam. G. White,
Cashier, upon which they relied, the
fraud and faleshood were not discov-
cred by them until night of Monday,
March, 26, 1888. and that they intend.
ed to resist any and all liability on
their part respectively on this ground.
After the notice above was given,
M. t. Norris, G. T. BaiIy, d. B. Av-
era, G. B. Leach, in behalf of them
selves aud Ed. H. Lee, who is absent
from the city, but represented there
by cousel. averred that at the time
they agreed to accept directorship in.
the State National Bank, they had no
reason to believe that its condition
was not good and as represented by
its President and Cashier, and had no
reason to tlink otherwise till the
night of Monday. 26th. March, 1888,
that their assent having been obtained
by fraud, they are advised that in
law it was no assent, and that they
have never been directors.
Since the above DIR. Baily has pub
lished card in which he has reached
the conclusion that he ought to hold
himself responsible to all claims and
demands incurred as nominal di-
rector of the State National Bank.
The capital stock of the Bank WAS
100000, owned as follows: $1,000
each by Messrs. w. S. Primrose, S. G.
White, G.. E. Leach, Rev. G. 7. Baily,
E. HI. Lee, M. t. Norris, and ID. B.
Avera; 1000 by E. r. Stamps; $780,
600 by Chas. E. Cross; and $49,-
600 by the John G. Williams estate.
All the Directors of the Bank up to
a month ago were sons -in-law Of Mrs.
Williams except Capt. White, who is
her brother
Mr.. Chas. Z. Cross, the absconding
President, is native of Gates county,
and is about thirty years old. He
has a wife and three children, the
youngest being only two weeks old.
He went to Raleigh several years ago
as Chief Clerk in the Auditors office.
Some years ago he married Miss Mag
! gle daughter of the late John G. Will
liams,i Esq. About two years ago he
was elected President Of the Bank.
! One year ago he was elected a Cit
! Alderman. As president of the Bank
he represented the stock Of Mrs. w
liams, his mother-in-law, and in run
ming away with the money he not on
ly became thief but an in"rala. lie.
was made all that he financially,
by Mrs. Williams, and in return for
her kindness, he brings ruin not only
upon the entire community, but upon
the family to whom he owed so much.
Mr.. Samuel G.. White, the abscond-
ing Cashier, had lived in Raleigh ma
nv years. He was the brother of
Mrs. M. G. Williams. When Mr..
White was mere boy, Mr.. Williams
took him into his family as a member,
educated him, and gave him posi-
ton, and afterwards made him Cash
ier of his bank. He had held a re-
sponsible position in the State Bank a
number of years and was trusted i'm
plicitly. This confidence was placed
in him by reason of his many years
faithful service, and the fact that he
was an official member of Edenton
street Methodist Church, and a teach
er of q Bible class in that Sunday
School. He had held the highest of
flee in the Knights of Pythias in the
State, and belonged to several benevo-
lent orders, in which he held response
BILE positions He was a friend of the
late Capt. Randolph A. Shotwell, and
when an association was organized to
build a Shotwell Monument, Capt.
White was made Treasurer Of the
fund. This one trust he did not vio-
late. Bad as he proved to be, he was
f still true to his friendship of the lamen-
ted Shotwell. The monument fund
had been placed in the National Bank
of Raleigh, and is therefore safe.
THE ROBBERS ARRESTED.
| The following dispatch was sent by
, Mayor Thompson on Tuesday
RALEIGH, N. c., March 27.
Chief Police, Buffalo, N. T., md Nep,
: York City:
y Arrest, for embezzlement of funds
: of the State National Bank Of Raj
? eigh, C. e. Cross, aged 30 years
t height about five feet and eleven IN
a ches, weight 100 pounds, round face
fair complexion, heavy dropping eye
+, lids, speech deliberate and low-toned
habit Of smacking his lips when talk
:, ing, sandy hair, black eyes, and walk.
o with swinging gait; also Samuel q
White, aged about ffty-six, heigh
}. about five feet and nine inches, weigh
Y about 140 pounds, light sandy hail
f and whiskers, thin face with promi
nent thin nose, wears No. 81 shoe
+ walks with toes turned in and step
o short and quick.
t ALF. A. THOMPSON,
2 Mayor Of Raleigh.
: Nothing was heard from the abov,
g dispatch till Thursday. the followin,
/ was received by Chief Police Heartt
o TORONTO, ONT, March 30.
j. Chief Police Raleigh:
IS Do you want absconding Presiden
o and Cashier of State National Bank
l. Ifso send description and particular
r Think they are here. "a
e H.. j. GRAssETT,
8 Chief Constable.
y 1t is supposed from the above this
IS the Chief Police of New York advise
Il / u u y