The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1908-01-22

any time limit in this agreement, 10
if you do my parties here will no
handle your claims. You are at lii
erty to withdraw when satisfied tha
no substantial progress is beln
made, and remember shall sta
right here on the ground until some
er more, if the worst comes to tn
more, if the worst comes to th'
worst, and we have to appeal to tn
Legislature, or any local tribuna
which that body may establish t.
pass upon the claim, we would haV'
in my organization the strongest rep
resentation to be gotten together IL
the State Very truly, ". D. Roy
President, Belroy Distilling Com
pany, Louisville, KY"
Accompanying this letter was tht
following proposed but unsigned
agreement.
Agreement Proposed.
we, the undersigned creditors o.
the State dispensary Of South Caro-
lima, hereby appoint the Nationa
Loan and Exchange Bank, of the city
Of Columbia, S. c., and ". D. Roy
of Louisville, KY, attorneys in fact
for US and in our name to represen,
US in the adjustment and collection
or claim and demands against the
South Carolina State dispensary
and to that end employ such attor-
neys and others and to do all such
other thing as they may deem neces-
sary or advisable with power Of sub
stitution. Provided, however, that
no authority is hereby given to in
stitute any proceedings at law with
out first referring it to us and OBJ
tanning our consent thereto.
'And we do hereby agree to al
low the said National Loan and Ex-
change Bank and ". D. Roy six per
cent. of ali sums as may be hereaf-
ter collected, or paid, or satisfactor-
lily secured to be paid on our claim
for such services as may be rem
dered by them or other persons en-
ployed by them.
And we do hereby authorize and
empower the said National Loan and
Exchange Bank and W. Z. Roy for
US and In our name to collect, re-
ceive and acknowledge receipt for
all such sums as may be paid on our
claim, remitting to US the balance
after deducting the said six per cent.
for the services and expenses.
I'm the event disputes or differ
ences shall arise as to the amount
due on said claims or the prices
charged in said claims and demands,
for as to any other matter efecting
the amount thereof; it is understood
that the same shall be referred to US
for advice and instruction.
1--WE also agree to waive interest
on said claim and demands If such
will be found necessary to facilitate
a settlement.
And we do hereby agree to fur
nish to cur said attorneys in fact a
full itemized statement verified OF
our said claims and demands, forth
with upon the execution Of this
agreement by us
Lyon Questions Roy.
After the letter had been read Mr..
Roy was questioned as to its contents
Mr. Lyon asking the questions. MT
Roy said that the agreement with the
letter had been signed by only four
or five creditors whose names he
gave. and that these claims repre-
sented less than $4,000 altogether.
His information as to the deposits OF
the commission had been obtained
from Mr.. Melton and Mr.. Kohn.
The gentlemen referred to as asso-
cfstted with him were Melton. Kotn
and Nelson. Others were Indirectly
interested, as referred to further on
In the letter. Pressed by Mr. Lyon
to say what others we're interested.
either dirctly or indirectly, Mr.. Roy
said that only the Loan and EX-
change Bank was interested and no
Others.
"Who occupied the relationship OF
codirectors with members Of the
commission?" asked Mr.. Lyon. Kohn
and Melton" replied Mr.. Roy.
Mr.. Lyon called Mr.. Roys atten'
ton to the fact that in the letter he
used the word "banks" in the plura!
and wanted to know what other
banks we're 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 thai
the creditors had received letter
from Dr.. Murray in September stat
ing no condition as to bringing tie
books before the commission, and
later had received circulars saying
the books would be required, bu1
setting no date. Then the panic came
on.
He concluded that the commission
wanted to aid their banks and III
knew it would be hardship to cal
OF the banks to pay out the none!
at that time. Therefore he concelv
ed the idea of forming an agreemen
with the banks so as to solve tn
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 cas-
any reflection on the commission, Il
whom he had confidence. He sai'
he had no intention Of using undu
influences on the commission.
Other Names Mentioned.
Mr.. Lyon asked if Mr.. Melton wa
one OF the interested parties referre
to, and Mr.. Roy replied that he hor
ed tc get Mr.. Melton interested, bu
failed.
why did he withdraw" aske
Mr. Lyon
Mr.. Roy: "I don't know. He is her