The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1908-01-21
.Thorndike in Baltimore American.

and wanted to know what other
banks were meant. Mr.. Roy said
this was an error Of the typewriter,
as no other bank was interested.
When asked to tell the plans re-
ferred to in the letter Mr.. Roy said
he was glad to do so. He said that
the creditors had received letter
from DR.. Murray in September stat
ing no condition as to bringing the
books before the commission, and
later had received circulars saying
the books would be required, but
setting no date. Then the panic came
on.
He concluded that the commission
wanted to aid their banks and he
knew it would be hardship to call
on the banks to pay out the money
at that time. Therefore he conceiv-
ed the idea of forming an agreement
with the banks so as to solve the
situation and let the money remain
on deposit. To do this he surround
ed himself with men above suspicion.
He would not be fool enough to cast
any reflection on the commission, in
whom he had confidence. He said
he had no intention Of using undue
influences on the commission.
Other Names Mentioned.
Mr.. Lyon asked If Mr. Melton was
one Of the interested parties referred
to, and Mr.. Roy replied that he hop
ed to get Mr.. Melton interested, but
failed.
"Why did he withdraw" asked
Mr.. Lyon.
Mr..Roy: II don't know. He is here
and can answer
Mr.. Lyon: SIS il not fact that
Mr.. Melton withdrew because the
proposition included the use of mon
ey improperly"
Mr.. Roy: "No, emphatically."
Mr.. Lyon: What was the $4,000
to be used for?"
Mr.. Roy. "It was not that much,
not nail IndL muCn.
Mr.. Lyon: "What was the occasion
for raising this fund.-"
Mr.. Roy: 1T is a reasonable per-
centage for attorneys fees"
Mr.. Lyon: "Is Mr.. August Kohn an
attorney? Is Mr.. T. B. Stackhouse
an attorney? Is Mr.. ]. l.. Mimaugh
an Attorney"
Mr.. Roy could not say positively,
but he did not think the gentlemen
named were attorneys.
Mr.. Lyon: "How was the 6 per
cent to be divided?"
Mr.. Roy: II do not know; Mr.
Nelso.l is to get it now, get about
$2,4OO."
Mr.. Lyon: How much was Melton
to get?"
Roy: IT don't know"
Lyon: What was the occasion for
the disagreement between Melton
and Lester?"
Roy: "It was in regard to Testers
authority"
Lyon. "You introduced three as
sociates-who were they?'
Roy: Melton, Kohn and Nelson y
Lyon: when Melton and Lester
disagreed who else drew out?'
Roy: "All Of them-Melton, Mel
son, Kohn and all the rest.
Lyon: What force can Kohn and
the others exert on the commission?'
Roy: "All that he showed to me
was a good deal of activity in get
ting matters in shape to present to
the banks"
Mr.. Mordecai's Plan.
Questioned as to what he meant
by others being urged, he said he
referred to the plan proposed by Mr.
Mordecai.
He was asked to tell what Nor
decai's plan was, and replied that he
would have to give hearsay, as he
was not present at the meeting when
Mr.. Mordecai stated his plan.
Mr.. Roy said there were two plans
presented. In the summer paper
was sent him to sign, which he did
not even read This paper appoint
ed Mordecai attorney.
Mr.. Mordecai proposed to secure a
settlement through Mr.. Stevenson
provided a commission Of twenty per
cent were paid. The committee OF
creditors having communication
from him (Roy) did not take Mr..
Mordecai up. He did not remember
details of the proposition.
Mr.. Lyon: Does the letter refer
red to set forth the plan?"
Mr. Roy could not say.
Mr.. Lyon: You stated Mr.. Morde-
cal was to get settlement through
Mr.. Stevenson"
Mr.. Roy. "Mr. Mordecai so stat,
ed"
Mr.. Lyon: did he explain how
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