The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-10-21

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assurance of Mr.. Carlisle, before the
checks had come in, that the checks
would be in, and that he would pro-
vide for their payment. Mr.. Cochrane,
however, explained that these checks
not so marked, were not among the
counts in the indictment. The checks
marked O. K. had been presented to
Mr.. Carlisle before they were paid
When asked why he permitted Mr..
Carlisle to overdraw his account in
this manner, in the face of the reso-
luton which had been passed by the
directors to prevent these overdrafts
without the approval of the finance
committee, Mr. Hunter answered that
Mr.. Carlisle was president of the
bank, and it was brought out that he
looked upon him as his superior Of
fcer. Mr. Hunter stated that he did
not approve the overdrafts, and had
told Mr.. Carlisle he ought not to do it.
In regard to the notes made by Mr..
Carlisle to cover his overdrafts, Mr..
Hunter stated that he allowed these
to get the account into better shape.
Checks on the plantation account of
Mr.. Carlisle we're also presented,
identified, and gone over in like man
ner.
Under the ross-examination by
Mr.. Doninick, for the defense, Mr..
Hunter was asked concerning the
condition of Mr.. Carlisle's account at
the beginning Of his term as cashier,
in 1907. In January of that year, it
was brought out, Mr.. Carlisle was in
debted to the bank by about $4,000
III notes, and about a thousand in
overdrafts, making total indebted
ness Of about thirteen thousand dol
lars. During the latter part of No
vember, 1908, this Indebtedness had
reached total of slightly exceeding
eighteen thousand dollars.
Indebtedness of Other Directors.
One rather interesting statement
made by Mr.. Hunter, in answer to a
question by Mr. Dominick, was that
thu total Indebtedness of the directors
of the bank, to the bank, was in
March, 1906, about $4,000, of which
Mr. Carlisle's was only about $4,000.
In 1907, the total indebtedness of the
directors was about $4,000, Mr.. Car
isles being about $4,000 of this
amount.
Mr.. Cochrane objected to this testi-
mony, and some argument took
place, during the course of which
some remarks were made which
would lead one to believe that there
may be other prosecutions similar to
that of Mr.. Carlisle. Judge Brawley
ruled that further testimony along
this line was Irrelevant.
The note for $780, relative to the
plantation account of Mr.: Carlisle
was brought up again during the
cross-examination. This was a de-
mand note, which it is alleged was
never paid. 1t was brought out in
the examination by Mr.. Dominich,
however, that on several occasions
following the making of this note,
there were sufficient funds on hand
in this account to pay the note, and
that Mr.. Hunter could have paid it
out Of these, the banking laws allow
ing this. This, however, Mr.. Hunter
stated that he never tried to do.
It was also brought out as last week
that Mr. Carlisle's salary had been
applied to his Indebtedness each
month, and that the board of direc
tors knew of these overdrafts, etc.,
at their meeting of January, 1908,
when Mr.. Carlisle was reelected preSl-
dent. Mr.. Hunter also acknowledged
that the relations between himself
and Mr. Carlisle had been somewhat
strained at times. A good many Of
the members Of the board Of direc-
tors knew of the overdrafts, but Mr..
Hunter did not recall any special ac-
tion in regard to it, though many OF
the directors had asked Mr.. Carlisle
to get his account in shape. Mr.. Hun
ter stated also that he had received
no instructions from the board in re-
gard to the overdrafts, except gen.
eral resolution adopted, which left the
matter in the hands of the finance
committee, of which he was chairman.
This, however, contained no mention
of the Cold Point or individual ac-
counts of Mr.. Carlisle. When asked
if the entire front part of the bank
had not been in charge of the cash
ier, Mr.. Hunter replied no, and later