Pine Bluff daily graphic., 1910-10-09
INDICTMENT BY
 GRAND JURY F. l.. Dilley, of Dilley Foun- dry Co.,, to Answer Ser
 ious Charge.
ARRESTED, GAVE BOND
Indictment Grows Out of losses Sus. tained by Simmons National
 Bank on Notes.

ley Foundry Company. former presi- dent of the Pine Bluff Trust Company was arrested yesterday by Sheriff c. M. Philpot, with "a bench warrant is- sued recently, charging him with false pretenses. An indictment was re- turned against MT. Dilley by the lief ferson county grand jury, after dhol oughly Investigating charges that he had defrauded the Simmons National Bank out of $5,000; secured from that institution through alleged misrepre- sentations. Mir. Dilley immediately gave bond in the sum of $500 and was not even required to accompany Sheriff c. M. Philpot to the court house, bond being made by w. c. Hudson, cashier of the Bank of Pine Bluff. The bench warrant was serv- ed so quietly that even many of the court house officials were not aware of the proceeding. Attorney F. G. Bridges, of the law firm of Bridges, Woodbridge and Can't, as counsel for the defendant, filed the bond in the circuit clerks office
 The indictment, which was respon- slb]e for the arrest of Mr. Ditley, charges that he made false represen- tatons to the Simmons National Bauk when he endorsed a note for $5000 and executed by the Leola Lumber Company, of which the defendant was president, by writing the name of the Dilley Foundry on the back of it. The note, the indictment charges, was executed by him at time when he did not hold a half interest in the Foundry Company. The indictment says that he converted the money to his own use when he was not author ized or empowered to endorse the name of the Dilley Foundry Company on the Lumber Company note.
 The charge is also made that Dill ley represented to the Bank at the time of executing the note for the Leo- la Lumber Company, as its president, that he was authorized to sign the name of the DiMey Foundry Company as endorsers, and that he also rep resented at that time that he was an owner of one-half of the capital stock of the Foundry company.
 The note was executed at the Sim mons National Bank on February 15, 1908. It was signed "Leola Lumber Company by F. L. Dilley, president. ; and endorsed "Dilley Foundry Com pany. F. L. Dilley, treasurer Upon delivery of same to the Bank, the in- dictment charges that the $5,OO0 was paid.
 The indictment of MT. Dilley comes after several suits had been filed in the courts against him, in which he was charged with transferring stock and property to keep from meeting indebtedness to the local bank. Mir. Dilley filed petition i'm bankruptcy in the federal court some months ago, but the petition was resisted by the Simmons National Bank. Jo Nichol was named as trustee by Judge Trie- Der and he was made the defendant in the legal proceedings according to law. The suit for the recovery of SIS, 1000 alleged to be due the Sim mons National Bank, is still pending in the Jefferson chancery court. A similar suit for the same amount, which was heard by Judge A. B. Grace instructed the jury to bring in a verdict for the defendant. his ru' ing being on a technicality which ic- volved the authority of MT. Dilley to make notes for the Dilley Foundry Company.