Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-02-19
LEXlNGTON'S BANK.
ARREST or ASStSTANT-CAsUIER
n. X. GODwIN-HE ~ BAILED.
Other Arrests 20 Foi,ow-Wherc
some OF the stolen Funds Are sup
,o.cd 10 MISCONCEPTIONS of n For
mcr Rank Ofsicer.

LEXINGTON, VA. February ls.-'Spe-
81, -1.hn assistant cashier of the de-
nInct Bank az Lexington, Nj. L. N
Goodwin. has been arrested and ban
Cor go required In a few minutes
hail. not for 500 bat SOW. was furnished
IA, his friends. The arrest was caused
h, one OF the stockholders. who MADE
director get out the warrant. III was
stated and came TO the ears OF the s'o'h-
holder that Mr Godwin knew OF CaSh'er
riegat's Juggling with the bank 'un"s
and demonstrated with him The lat'or
r,rl,eA that he had enough lie insurance
and real estate 70 cover all. This oc-
Cured some years ago. Recently ne IN
formed Mir. Fiegat that the matter oouio
not go on any longer. and TINS cius'u ''s
nieht Mr.. Goodwin was completely over
come when the large amount "i sho' '"se
VAS made known to him. pther arrests
aro likely TO follow and sensauohai ue-
Volou,ueutS are looked for. The money
or a lnrso portion Of II, Is tnouEht ny
many ,o loo In the hands OF OUTSIDE par
ties, who are residents.
HAD DRAWN OUT.
4 former prominent bank oulclal had
drawn all ms money out some ui.ic ago
and held very little of the stock at the
time OF the failure. Many think That ne
was aware OF the approaching collapse.
lie also severed his connection with the
hank in the capacity OF one Of its officers
81 thc last annual meeting held for the
purpose OF cicciing officers for the new
year .
ESTEEMED AND TRUSTED.
Nj Fegat Wa held in esteem and
trusted rs an he came from Botctourt
county here In 1877, and WIS employed
49, clerk 10y the late Mr.. John H.
MIXERS % his ury-goodS store. lie served
al through the War and was secretary
~ General T.. j. Jackson. lie came la k
here after tho war. and as he has often
said had inst scVcn'y-rvc cents In his
pocket al that time" lie was made q
clerk Jon the bank hy his formcr'employcr.
Mr. Myers. who was cashier When the
Bank Of Lexington was instituted he was
made the cashier aud served until the
collapse. From thai time on matters
have been growing wore
ANTICIPATED.
Hc evidently ANTICIPATED the present
catastrophe. Tor one Of his letters To-
q friend was dated January /. 1895. and
the deed ~ trust was written In Ianu-
ary AMI from reliable authority is in
the handwriting II relative. He was
evidently aware that with the change
Of bank Officials which was made at i. %
iast election and the statement of his
brothrr-in-ldw that his WrOuA LONGS
would com" 90 Ncht
IN "a letter len - friend ~ stated
That his downfall dated from 1874, when
h. allowed colonel Asher Hartman. a con-
tractor on the Valley railroad. TO over
draw his account and the bank officials
f. 81. Il
80 IA rs could Doe learned nothing has
been heard of his whereabouts
lie also borrowed large sums Of money
from many people and gave his bond for
tho amount. his friends endorsing for
him. The exact amount Of his indebted
moss r. this direction cannot at present
be- asccrtainci.
DESCRIPTION.
g. NJ Ficgat is heayy-set man.
weighs IS, poJnds height five feet ten
inches. legs slightly bowed. short gray
beard. fuu gray mous,a,h.. eyes dark
gray. almost brown: walks slightly
sioope1 and vc~y slowly Dn account Of
some inward affection. ful stomach.
rri7v complexion. face nllbv. very ana
ne in manners ami smooth Of speech.
Talks slowly and mods his held as he
t1lS. Ills hair has been dark. but is
NOW tVo-thir1- r.ay. his appearance
..fN~ i'.'s i' IT, tiINN+.l To- ii i'm AWAY =
wore "a dark slCuch hat. ana had on
dark-eray suit when Doe l"ft Age about
- years. Ai1v now Soc shaved.
MASS MEETING.
large rass-ne-ting Of the represent
'afNc citizens Of tbe town and county
was hold ln tho courthouse today. Hon.
= E Tucker pres' i,.d The following
resolutions were offered by Nj NJ. W.
Paxton ana unanimously adopted.
Resolved That ,ommjttCe OF seven
D., appointed. Who shall represent TO the
authorities that IL the sense Of this
meeting that tho Governor bee at once
requested To- offer a reward for the APP
Urehsu-ion of &. ". Fiegajt the de-
faultiug cashier
Resolved That tho committee be au-
tho'.zeI % respectfully request Judge
Houston 20 call special grand jury. 10
be composed of the best citizens of Rock
bridge county. who shall thoroughly in
yostisate the affairs of the Bank Of
Lexington.
Resolved. That this committee shah be
authorized % take such steps which may
D. necessary 10 bring t. justice those
responsible FOR its failure
THE COMMITTEE.
Tho following committee was appointed:
- w. Paxton a. T. Estll, j F. Tomg-
kns H. J. L.. Knnsar. Tate Sterrett. D.
u. McCWnr. and Professor q. \. Graves
The committee acted at once and tcle-
grabbed ~ Governor O'Ferran
IN" dofalcailon brought larger crowd
- county people into town today than
before. Excitement runs as high as ever
Ih" dlrec tors - the Rockbridee Savings
Bank mot today and changed the same
into hank ~ deposit also to carry on
general banking business The name
was changed TO the "Bank Of Rock
bridge IL has paii-up capital stock Of
$500" end rs in q sound financial con-
cuiOn. Colonel james * Edmondson is
the PRECEDENT Mt William T. Irwin was
rendered the position of cashier.
No NEWS or STE tMI,n ySTu,.x