The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1914-11-27
ALEXANDER TRIAL.
Continued from Page II
MIR. REVELLE TESTIFIES.

4
=. r .Revelle was then called to the
stand. He stated that he was deputy
under Thomas J. Smith State Bank
Ing Commissioner, and that his duty
was to assist the commissioner in
looking after the examination of the
State banks by the Banking Depart
ment He stated that the Bank of
George Alexander & Company was
closed by the State Banking Depart
ment on May 10, 1914, following an
examination of its affairs by Bank
Examiner John Chenault
asked to go into details as to the
events leading up to the closing Of the
bank, he said that after Examiner
Chenault's report of examination Of
the bank was received by the depart
Inent and they had considered it, Com
missioner Smith said they would have
TO call Mr. Alexander to Frankfort,
which they did by telephone, and he
came down on May Is; that they in
terrogated him as to his own condi-
ton financially and he admitted that
he owed the bank 1000; that they
then asked what property he had to
meet this Indebtedness and that he
claimed to be worth $4,000, but that
property consisted; that Mr.. Alexan-
der said he wauld go back home and
return to Frankfort the next day with
the board of directors of his bank who
would verify his claim to be worth
$4,000 He did return next day and
brought all Of the directors of the bank
with him, but that he was still unable
TO secure a list of his property.
nit, tot 1ant &c
sioner Smith demanded that the $751;
600 which Alexander owed the bank
be removed from the assets if the
bank were to continue in business
and replaced by other assets.
He said the directors agreed to sign
a note for this amount if Mr.. AleXan-
der would indemnify them by a mort
gage on his property; that he then
undertook to name his personal as
sets, and while speaking made the
statement that there were certain
debts which the bank owed which did
not appear on the books of the bank
and when asked to name them he
mentioned note to n. Kriener for
$37 800, one to =. B. Sparks for a
large sum, and several others.
Thereupon, the witness said, Com
told the directors, who were about to
sign the not- that they must not
sign it; that the bank was broke, and
steps were at once taken to close it
up.
A notice was drawn up and signed
by all the directors that the bank had
been placed in the hands of the State
Banking Department, and witness
10 TOo..s In h. 81 II "
Bacon, one of the directors, put up the
notice and placed Buckner Woodford
in charge of the bank as special Dep
uty Banking Commissioner.
Witness stated that the report made
by George Alexander e Company to
the State Banking Department on
April s, 1914, showed the overdraftS to
be $4,103.S0, and that an examination
of the books showed the overdrafts at
that time to be $20,94260
On cross-examination the witness
stated that Mr. Alexander stated to
Commissioner Smith that if he would
give him ten days he would get the
cash and place it in the bank for
every dollar he owed it.
MR. ]. w. DOTY TEST1FES.
j. w. Doty was called and testified
that on May Is, 1914, he deposited in
the Alexander Bank $5100 and filed
his pass book, showing the deposit,
which he said was taken in by Mr.
Alexander himself
MR. DAVIS RECALLED.
MIR. Owen L. Davis was then re-
called and stated in answer to ques-
tipns that he was related to Mr.. Alex
ander bymarriage; that his connection
with the Alexander Bank had started
an january, 1899, as keeper of the gen
eral ledger, and that he remained in
that position up to July, 1909, when
he was made cashier of the bank,
but continued to keep the general
ledger as before; that he received an
increase of 100000 per year in his sal
AIRY after he became cashier, Which
was paid to him each six months by
Mr.. Alexander individually.
he stated that the morning of May
Is 1914, when Mr. Alexander went to
Frankfort he asked witness to count
the cash. as he was going TO Frank
fort, and told me to count a memo
randum that he gave me as cash. This
memorandum contained two items of
about 5000 each. / asked him If that
sum was in the safe in addition to
what was in the drawer and he said
yes but / didn't examine the safe to
see" Witness stated that Mr.. Alexan-
der handled the notes; that he him
self only made a few small loans when
Hr. Alexander was away; that he had
KothiRR to do with certain loans which
We're Enumerated. He said he knew
nothing of the notes of Miss Lizzie
Crimes, the isedmons, ct cetera; that