Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1903-01-15
WOOD SENT 1'O d ] |:||'Y
,susr ANSWER ron ALLEGED EM-
nrzxLEMrsr N HUsTIxes COURT.
CASE OCCUPIED SEVEN HOURS
evidence was Slightly CondictinE,
But Ju.tice cru.ehaeId Reached
M. pec,sion without Hesita-
ton.
ton.

C,arencs Wood, the young man heid IN
the Police Court on the charge OF en-
bezzl,nk furds amounting to sl.Soo oeions-
tnr 10 Delegate T. a. overly. OF Lunen-
f,,,rg county, wae sent on TO the graho
1,rv last night after a hearing before
Jusf,ce crutchfieid which lasted seven
hours and q half The case was submit
fed without argument upon the aeTee-
.n..nt Of the lawyers in the case ara JUS JUS
4ice crutchfield gave his decision villa
out q moments hesitation
Wood was said to have misappropI'at-
Oh The money given him to invest 10
,.,ock sns the story Of the entire trans
ac,,on with the books showing the deal
4 snrs of Mr.. Wood with Donnan q CO.
were brought into court and gone over.
ne !, ,t.suIf 81 vcii1ca .aans startling facts
IN the brokage business were brought
pi:is
But three witnesses Etestifed in the
case, Mr. T. A. OVERLY was the hrst
brought to the stand which he held io1
over two hours, giving the history OF MS
dealings with Wood in full detail. MT.
Allen Talbot, .Jr., Of Donnan & Co. was
the next to testify and through him the
books of the company. where the connec.
tjon Of Wood was concerned was useo
as evidence. The books brought out the
fact that the sales Of po1nan g. CO., dld
not tally with those reported.
GAVE WOOD BLANK CHECKS
The evidence of the witnesses was con-
dicting and the facts brought out were
as follows: Mr.. OVERLY placed =, COO II
bank and lave Wood blank checks to$be
used In the speculations Wood filed
put two checks Of $500 each and continued
dealing until the Path Of September. when
he communicated with Mr.. OVERLY either
by letter or wire, stating that he wanted
more money Mr.. OVERLY came to Rich.
,nond and gave Mr.. Wool $500 more.
On OCTOBER It'll Wood rendered an ac-
count or the transactions which brought
Mr. overly in debt over slo0 Mr.. OVERLY
stated that his directions to Wood were
that he should deal in his own name and
: send to him the brokers' slips Of the
transactions. This was never done. It
appeared that Wood was dealing in his
pun name. carrying these stocks and also
uocks for several other persons. and In
none OF the entries did MIR. Orerby's name
appear on the books OF Donnan & Co.
In the statement rendered to Mr.. OVERLY
by Wood ii appeared that 140 shares OF the
stock in question had been closed out on
September 18th at certain figure. The
books of Donnan and Company show that
these shares were really closed out on
Beptemhcr 24th at much highe. figure.
oVSJUy CidilllS tLdl III ou sAitCa VI"
held with Wood on September 18th. OF
two days later. Wood concealed this fact
from him and told him that those stocks,
with others, were still running. or il
force.
WHAT WOOD CLAIMED.
Wood claimed that after he had closed
tie stocks with Donnan and Company he
carried them on in his own account for
OVERLY. and sustained the further loss
which he reported.
The case was tedious to degree and at
the end of Woods testimonySthe lawyers
for the prosecution held a conference and
decided to submit the case without argu-
ment. the lawyers for the defence agree
ing.
The counsel for the defence were Judge
]. Carter Scott, Mr. Horace 6. Buchanan.
and Mr.. J. Kent Raleigh. Those for the
prosecution. Mr.. II. M Smith. Jr.. and
Mr.. Lee Page.
The case will be tried In the Hastings
Court 4 ebruary "a. and the witnesses
were recognized.