The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-12
SMITH ARRESTED
IN BIRMINGHAM
President of State Trust Company
Held for North Carolina
Authorities.
TARvER MAY BE IN AUGUSTA
Cashier of Closed Bank of Clare
mont May Turn States
Evidence.
Especial to The rimes-Dlspatch. ]

Raleigh. y. c.. April ll.-Prcsidcnt
f. FL Smith, OF the State Trust Com
pany. Wilmington, was arrested this
afternoon in Birmingham, Ala. accord
ing to official Information received by
the Corporation Commission and At
torney-Gencral T. w. Beckett, and a
requisition was forthwith issued by
Governor Craig on the Governor of Ala.
bama for. the extra.ftion Of Smith.
Attorney General T. w. Beckett re-
ceived from Chief o. Police George II.
Bodeker, of Birmingham, a telegram
reading: "E. H. Smith is In custody;
send warrant quick. habeas corpus pro
ceedinss threatened. Tarver is in Au-
gusta. Ga: arrived there last night.
Work quick"
The Attorney General Immediately
telegra phed the Alabama authorities to
hold Smith by all means, and that the
requisition papers would start In the
hands Of an officer on the FIRST train
to bring Smith back to North Caro-
lima Also, ne telegraphed the authori-
ties at Augusta to arrest Vice-Presi-
Travis and Secretary Maxwell, of the
Corporation Commission. got busy with
the Attorney Generals and prepared the
| requisition papers SO that Officer j. A.
Bailey left on the evening train for
Birminsh am to bring Smith back They
are very much In hopes that the off,
GERS at Augusta will also get hold of
| Tarver there tonight.
Secretary Treasurer C II Bowids. OF
In Jail here. S also is Cashier Demit
! bafoon, of Claremont Bank, all charg-
| ed With making false statements to the
| Corporation Commission and making
| false entries on books of banks at
| Claremont Angler and Macclesfield
Cashier Demit Lafoon, of tho Bank
of Claremont, was brought here and
! committed to the city prison to day TO
await trial on the warrant of State
| Bank Examiner $. A. Hubbard. charg-
| ing him with Implication In the bank
ing frauds perpetrated by the States
| Trust Company. Wilmington. whose
| banks at Ciaremont. Angler and Mac
clesfeld were closed by the Corpora
| ton Commission during the past few
| days. He insists that he had no GRIM
inal connection with the operations of
| the States Trust Company. was en-
| played at a salary by the States Trust
| Company to serve as cashier of the
| Claremont Bank. He says If he had
| been connected with the scheme in any
| criminal way he could easily have
skipped out, as President Smith. Vice
President Tarver and others of the
company did. Tie was taken up to the
office of Attorney-General Beckett this
! morning for conference with the At
| torney General. members of the Corpo-
ration Commission and the State bank
examiners While no official statement
| to this effect has been made. it Is prob
able that Lafoon will turn States evil
Idence against the officers of the States
| Trust Company. in the hope of demon
strating his freedom from criminal in
J tent i'll the service he rendered as
cashier of Claremont Bank.
The Corporation Commission had n
letter to-day from business men OF
| t.ngelhard, asking about the States
| Trust Company and stating that they
had been induced TO subscribe $4,000
stock In local bank. as they thought,
but that when the stock was deliv-
| cred ii proved to be in the States Trust
| Company Cash and notes had been
| paid for this stock. and if the company
was not all right they wanted to know
! what steps to take TO recover money
and notes. They had been assured tina I
| the town would be provided with IL
bank of $4,000 capital and that the
| local interests should control it, There
is no consolation in the way of pros
! poets OF recovery of money that the
| vi commission COulu Oner the
| Englehard citizens. There We're prob
ably twenty towns III the State that
were being worked in this way, the
| commissioners find.
a special hearing has been arranged
for in the offices OF the Corporation
& commission, in Raleigh. on April 25,
| to close the Rockingham -Seaboard Air
| inc Railroad case. involving the petit
! 'ion o. citizens to require physical con-
| nection between the Seaboard and the
! Rockingham Railroads for the inter
| change of freight. the commissioners
| not having completed the hearing at
! Rockingham yesterday.
y charter has been issued for the
! Colonial Investment Company of Hen
Jacksonville. capital 100000 authorized
and $1,000 subscribed. by S. S. Critten-
ucn, +. T.. Patton and w A. Smith. for
general real estate and DEVELOPMENT
| business.
! Governor Craig has gone to Charlotte
for conference OF the legislative com
| tnissioners on freight rate adjustment
and the Charlotte shippers. preparatory
| TO the general conference here April IS
with the railroad companies for the
! first definite move to adjustment
since the Legislature adjourned.
requisition was issued to-day by
Governor Craig on the Governor of
! Tennessee for John Emit Gilley, who is
wanted in Surry County for the aban-
! donment of an afflicted child. which he
Is amply able to support. He is under
arrest in Bristol. awaiting the arrival
OF the North Carolina officers.
| Colonel Thomas Stringneld OF
! Waynesvillc. Inspector of small arms.
and Captain Greig, Jr.. of the United
States Army were here to-day on their
| way TO Newbern to inspect the coas
artillery there tomorrow. They will
ihspect wilmington Company. coast
artillery. April ID. and then INSPECT
Troop y. cavalry. Lincolnton on April
10, and Troop b. Asheville. April is.
This VIII conclude the inspections for
the year Companies of the guard have
peeh round to be well UP to the aver
| age. However. there are prosnccts IF
one or more disbandments when the
returns are all in.