The Birmingham age-herald., 1913-03-20

2s, 1911, SIS, ,722 %; November "a. 1911, s5,175o4
December Is, 1911, s5,726.21; August 80, 1912,
$5,S94.6
Mr. Goodin was requested to produce
all correspondence between ms firm and
the convict department in reference to
the purchase of cotton from the Speigners
cotton mill. He promised to wire for this
correspondence and was excused.
Mr. Goodin was followed on-the stand
by Michael Cody, president of the Ex-
change National bank, and the Union
Trust company of Montgomery. Mr.. Cody
testified that his bank had invited the
business of the convict department He
said the first deposit of the convict de-
rartment was made in June, 1911. No
interest was paid the convict department
on daily balances, according TO Mr. Cody,
who also declared that no consideration
was shown the convict department for
handling its business.
Carried Personal Account
Mr.. Cody said that President Oakley
of the convict department had carried a
personal account in his bank, which began
shortly after he assumed office in 1911
He testified that the bank had OCCASION
ally let Mr. Oakley have small loans
Mr. Cody was asked concerning a certifi-
cate of deposit by Oakley on the Bibb
County bank at Centreville for $500 and
deposited In the Exchange bank on Sep
tember 2, 1911.
Asked as to whether his bank had had
any handling of the convict department
funds prior to the present administration,
Mr. Cody testified that occasionally he
had purchased New York exchange from
]. Craig Smith, president of the convict
board. EE
Describing the transaction of last Tues
day week Mr.. Cody said two pieces of
L.. H., III l,n,.
on New York and Cincinnati banks for
$4,000 and $4,000 respectively.
Tried to Collect Money
The following day, according to Mr.. Cody,
Theodore Lacy came to the bank and
tried to collect money on these pieces
of exchange, bearing checks signed by
James G. Oakley president. and payable
to Theodore Lacy, chief clerk. Lacy was
given $4,000.
Campbell Follows Cody
James Campbell, >cashier of the Ex-
change National bank, followed Mr..
Cody on the stand. Mr.. Campbell said
that two pieces of exchange--one on a
New York and the other on a Cincin-
natl bank, had been deposited in his
bank He said Lacy came to the bank
on Wednesday morning and asked II
il would embarrass the bank to cash
the checks. Later Lacy te1ephoned him
{CampbelD and said he would be satis-
fied with $4,000 in cash, and that short
~ thereafter he appeared at the bank
bearing a check payable to Theodore
Lacy, chief clerk, and signed by James
G. Oakley, president.
"I asked him. said Mr. Campbell,
rwhy he did not present check to the
state treasurer.
He replied that if he paid cash to the
treasurer he would not ask about the
baIance in the bank, which was $4,000"
e ast2e Campbell was asked If Il was
"a usual thing for Lacy 10 come to the
bank with check for large sum of
money payable 20 himself. He replied
that ii was not. so far as he could
remember.
Asked TO describe the package in
Which the $4,000 wes sealed Witness
said IT was in one OF She regular bank
boxes, five inches long and three inches
wide, tied up and bearing the seal of
the bank. He said the mopey was,in two
packages of $4,000 each.
'@ Asks for Receipt
When asked TO leave the cancelled
check for $4,000 which Lacy had pre-
Ieented, Mr.. .Campbell.requested a receipt