Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-01-26
Meyer SyCle, Isaac F? syeie Z Co.,
Next Corner First and Broad
nEDFo8D CITY.
The Berry Case-settIement with the
Council--P0stpODem

neutrality-suspicious.
BEDFORD CITY, January 25.-Cspe-
cial)-When. by reason Of steady
and ever-increasing withdrawal Of de-
posts. both of the banks Of the town
were forced to suspend last April there
was great excitement and Indignation
throughout the town and county ana
q feeling that some one mao peeh
criminaly guilty. A grand jury was
summoned. and on the testimony or the
president of the Liberty savings BANK
that Mr.. Il. ID. Berry, a director Oh the
bank had virtually run the bank
large number Of indictments were re-
turned against him.
Tpon this action Of the Court, the
Town Council determined 10 make an IN
vestieation Of It's financial AFFAIRS, as
Mr.. Berry held the position Of chairman
of the Finance Committee OF that oody.
The Council appointed a committee 10
settle the account with Mr.. Berry Ihey
claimed balance due the corporation
of s33OS0 This Mr.. Berry disputed
claiming that he owed nothing' put on
the contrary had overpaid. In we" Oh
the pressure upon his time, ana o"lhs
TO the indictments against MN III CON
nection with the bank. he agreed 10
ENAAAA~AHA+N
claim. with the stipulation in writing
that when he could prove the error III
the report of the committee, Whatever
was found due him should be refunded.
The new Council, not satisfied with
this arrangement. appointed aholhel
committee TO settle the account, VINO
secured the services of Mr.. \. NJ. Doyle
as an expert accountant 10 examine
the hooks Of the Council. Mr.. Doyie
reported that instead Of 3.3O@ being
due by Mr.. Berry. the amount OF MS
indebtedness was $9236.67, which was
startling announcement and produceu
much excitement.
Ar n meeting Of the Council some
time since Mr., Doyle's report was sub
mitted and Mr.. Berry was also present
and poiuted out the errors which ne
claimed in the report, demonstrating
them from the entries I'm the books OF
tbe two hanks. which were produced IN
the charge OF Messrs. II. q. Burks ana
+ NJ Daniels, to the satisfaction
of many of the members, but fnal
settlement was postponed. and another
committee stil, consisting of MessIs'
J. T. Davidson. William Eupahk' "
A. Falconer. j. f. Bondurant, !. -
Dennis. and the Mayor J. il. Campoeli'
was instructed TO make the final set
tlement. lHfSt bFlitiNiiADAA 49,
dav evening. and Mr.. Berry ana MI
Dovle both appeared before them. me
hooks and the experts report were
thoroughly examined and discussed
and the result was a complete Ninol-
| cation of Mr.. Berry. The report duiy
signed By the members Of the commit
| tee was submitted to called meeting
| of the Council Saturday afternoon last
and was adopted. ~.
The report shows that at the time
Of the settlement before the committee
| IF the former Council Mr.. Berry did
not owe the corporation, but that they
! then owed him Sl7395. Mr.. Doyle III
| his report. had failed TO credit MIN ny
TENS amounting 10 S5.25sR, including
| he securities deposited by Mr. Berry
with the former Council. as heretolore
stated. which left him entitled 70
S9a975. The basis Of settlement agreed
mon was that securities amounting 10
"a no 40 should be returned TO MI Betty
he having the difference Of $&OSo.
Tho settlement was a perfectly ialr
one honorable alike TO both parties
and exonerates Mr. Berry entirely
from a suspicion of unsquare dealhg'
which had materially injured him.
The trial Of the case against nun IN
connection with the failure OF the
7 thertv Savings Bank set for to-day,
he eret dav of the County Court, has
been postponed until the FEBRUARY term
| OF the court. a. .....o,,
This is the coolest day Of the season.
thus far.