The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1914-09-05

Bank does not show any cross entry
for $4,000 to indicate that it was ever
charged back to his account. Mr.. F. o.
Hamiltons account is overdrawD
$334S3, on the books of the Farmers
and Merchants Bank, of St. Francis
willie, La.
"The books of the Farmers and
Merchants Bank, of st. Francisville,
show: On August "a, 1914, Mr.. H. T.
Pye credited his personal account with
100000, being his draft on T. X. Gid
dens, of Campti, La for same amount;
on the same date he charged his per-
sonal account with $4,90675 and OBJ
tanned therefor a draft Of the Farmers
and Merchants Bank, of ST. Francis
vile, La, on the American National
Bank, of Shreveport, La, for $4,906.75,
which latter draft he gave to the LOU
isiana National Bank, of Baton Rouge,
La, to pay personal note of his for
100000, exchange $6.75), which the
said Louisiana National Bank held
against him.
"The draft given to the Louisiana
National Bank was dishonored by the
American National Bank, of Shreve-
port, La, and returned to the Louis
lana National Bank, of Baton Rouge,
which latter bank is now holding the
draft as an obligation of the Farmers
and Merchants Bank, Of st. Francis
vile, La.
"The draft drawn On Mr.. T. X. Gid
dens, of Campti, La, by Mr.. Pye, for
$4,9OO.O0, and deposited to the credit Of
Mr.. H. 7. Pye, on August "a, 1914, in
the Farmers and Merchants Bank, of
st. Francisville, was not paid, and l am
informed by the directors Of this bank
that Mr.. Giddens, who was in st. Fran.
cisville on the 9th inst, stated then
that Mr.. Pye was not authorized to
draw this draft on him.
Cali OF these entries apparently are
in the handwriting of Mr.. H. T. Pye.
The check on the American National
Bank, of Shreveport, in favor of the
Louisiana National Bank, of Baton
Rouge, for $4.906.75, is signed by III.
T. Pye, Cashier" and, am informed
by the directors, was issued after his
resignation as Cashier of the Farmers
and Merchants Bank. of st. Francis
vile, La, had been demanded and
lgiven.
"By reason of the above facts, be-
came convinced on the afternoon Of
| the goth inst, that the condition of
the bank was such as to render it
unsafe and hazardous for it to con.
tinue in business.
"Whereupon, ! closed it and took
possession of it's books and affairs for
the purpose of liquidation, according
to law, the directors having failed to
relieve the unsafe condition after
proper demand made by me.
Wherefore, acting in accordance
with the provisions of Section 10 of
Act 1913 of 1910, l beg to submit these
facts in writing, in order that you may
direct the proper district attorney to
take the necessary steps to institute
the proper criminal prosecutions.
Respectfully submitted,
"W l.. YOUNG,
Estate Examiner of State Banks"
Following is the affidavit, on which
Mr. Pye's arrest was made.
Before me, the undersigned authori.
| ty, personally came and appeared j. H.
Clack, who being first duly sworn, de.
poses and says on information receiv-
ed, that on the oath day of August,
1914, one H. T. Pye, late of the parish
of West Feliciana, wilfully and felo.
niously while claiming to act as Cashier
of the Farmers and Merchants Bank of
st. Francisvilley La, knowingly and
with intent to defraud said Farmers
and Merchants Bank, did draw and
| issue draft on the American National
Bank of Shreveport, La, for $4,906.75
and signed the, same as Cashier of the
Farmers and Merchants Bank and con.
vert the same to his own use, well
knowing that there were not sufficient
funds to meet the same to the credit
of the Farmers and Merchants Bank in
the American National Bank of Shreye.
lport, that he, the said H. T. Pye. also
knowing that he had no funds to his
own credit in the Farmers and Mer.
chants Bank, wilfully and with intent
to defraud said bank, did debit and
draw against his personal account for
the said sum of s4,9O675, contrary to
the statutes of the State of Louisiana
land against the peace and dignity of
1.-THE same
Whereas, affiant prays that said H.