The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-10-18
MANY DETAILS ARE
BROUGHT TO LIGHT
WEDNESDAYS PROCEEDINGS IN
TRIAL OF VI. 4. CARLISLE.
Hearing of Testimony Continues
Many Witnesses Put Cp.-Bank
Directors Take Stank.
Greenville News, 14th.

Greenville News, 14th.
Efforts to show the insolvency OF
the bankrupt during the years l9G'
and 1908, and that he loaned himself
money without the knowledge ana
consent of his directors or committees
were the principal points of the prose-
cution in the trial of Milton A. Car
isle. charged with misapplication OF
the funds of the National Bank OF
Newberry, at the special term OF the
United States district court yesterday
The defense cross-examined the
witnesses put up by the prosecution
to bring out evidence tending to sho"
a. other directors beside Carlisle
were indebted to the bank, and con-
tinued their efforts Of the day pre-
ceding to show that the directors hat
not been for years past. taking prop
er supervision over the affairs OF the
bank. One other count in the lndlct-
ment, besides the making of unsecur-
ed loans, was brought up This was
the false certifcation Of checks, and
was one of the features of the after
Moons testimony. Among the prlnc1-
pal witnesses yesterday were Messrs.
George S. Mower, and George John
son, respectively director and attor-
ney, for the bank, both Of whom
were Intimately in touch with the af~
fairs of the bank for a number OF
years past.
Many details of the affairs of the
bank, of Mr.. Carlisle, and of the Cola
Point Granite company, were brought
out in full, and number OF matters
which were brought up during the
preceding few days of the trial, were
gone over again and additional light
cleaned.
Mr.. Mower had been placed upon
the stand Wednesday afternoon, and
before the session adjourned, his tes-
timony was along the line of history
of the affairs of the bank during 1903
and 1904, when special visit had
been made to the comptroller of cur
rency in Washington. The cross-ex-
animation of this witness by Mr.. Dom
1nick, for the defense, was gone fntc
early in the forenoon yesterday, when
the court convened at 10 o'clock.
It will be remembered that the in
.dictment charges Mr. Carlisle with
misapplying the funds Of the bank to
his personal account, through over
drafts and unsecured notes, to the
extent of about eighteen or twenty
thousand dollars, and to the account
of the Cold Point Granite company,
of which he was president and treas
urer, to an amount approximating
this figure, and also with false certi-
fcation of various checks. The pc
riod covered in the indictment is the
year 1907 and 1908.
In answer to questions of M. Dom
mick, Mr.. Mower stated the powers
and duties of the board of directors
to be to manage the affairs of the
bank, Mr.. Carlisle was elected presi-
dent Of the bank during 1899, and
great part of the management had
been entrusted to him.
In regard to the visit of Mr.. Mower,
Mr.. Carlisle and other directors, to
the comptroller of currency, in Wash
7ngton, during 1903, this was stated
tc be due to the result of an investi-
cation into the affairs of the bank, and
a communication received from the
comptroller. This visit revealed that
there were many past due papers, etc.,
which had to be charged off, this to-
tai being about s68,000. 1t was stat
cd that Mr.. Carlisle's Indebtedness
amounted, in all to about $4,000. Mr..
Mower was asked if there were not
other members of the board Of direc-
ters who also owed the bank money,
which had to be charged off in this
s6S,OO0, and he replied that there
we're. When asked the total amount
Of the Indebtedness of officers of the
bank, included in this amount, Mr..
Mower gave this figure as about s21,-
600. While Mr.. Carlisle's indebted
ness at this time was about $4,000,
only about $4,000 was charged off in
this s6S.0OO, that amount being in
cluded in the $4,000 Indebtedness Of
bank officials. 1t also developed that
the capital of the bank was impaired
a this time.
The resolution passed creating the