The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1914-08-05


examination. The evidence of
both brought many thrills to the
spectators and further opened the
public's eyes as to how the bank
was managed before it closed.
ASSIGNEE COIN HAD A GUN.
During the trial of the case an
affidavit was made against Louis
Cohn, one Of the assignees, for
carrying concealed weapons. Up
on arising from his seat within
the bar it was seen that his pistol !,
carried in his hip pocket, was
fully exposed to view by the dis
arrangement of his coat. and as he
leaned over the shoulder of Judge
Julian Wilson, of Memphis, talk
ing to him, it was witnessed by a
number of ladies and other specta-
tors. An affidavit followed by
Constable Ed Smith who served
the warrant after the Judges de-
.clsioh. When Mr. Cohn appeared
before Justice R. S Butler at 10
O'Clock Monday he entered a plea
of nolle conten dere and was fined
500 and costs.
WANT NEW RECEIVER.
A petition by depositors has been
filed asking Judge Jones to appoint
a new receiver Saturday. August
8, at 6 p. m. at the Lincoln County
court house.
SOME OF The TESTIMONY.
Extracts from various portions
of the testimony are given as
follows:
CLOSING OF THE BANK.
With reference to the closing of
the bank, Mr.. WiIdberger said:
''Mr. Baggett. in conversation
with me in the bank accounting
room. possibly three weeks after
| first came and entered on my
duties over there. referred to the
matter of the closing of the bank.
He said that he was sitting at
his desk, which is out in the front
part of the accounting room, draw
ing up some papers for a gentle
man who was going to sell some
land, and that while he was en-
gagged in this particular transac-
ti0n of drawing these papers, Mr..
F. F. Becker, cashier, came to him
and leaned over the end of his desk
at which he was writing, and stat
ed that there would be a directors
meeting at the bank that night, it
being Saturday he explained. and
that he could not recall when they
had had a meeting on Saturday
night, and could not imagine what
was the pnrport or the import of
that meeting; that when he went
to supper. he discussed the matter
with his wife, and he couldn'
fathom why it was that they were
going to meet. But at the ap-
pointed hour, he went to the
Directors Room Of the bank where
the meeting was in progress. He
said that it was discussed pro and
con for some time among the di-.
rectors of the bank, and that he was
the only man that insisted on stand
ing by the Commercial Bank; that
every other man in the directors
meeting was IN favor of quitting |:
that he explained to them that
there we're moneyed men on the
Board and connected with the di-
rectorate of the bank. and that he
was in favor of putting their shoul-
ders to the wheel and tiding over
the situation, aud that he was the
only one in the meeting that took
that view, but thst everybody else
was against him "
The question of over-dFafts,
loans, etc., was thoroughly gone
into by Mr.. Brady.
Mr.. TULL SAYS BOOKS WERE
NOT AUDITED.
The testimony of Mr.. N. T. Tull,
assistant cashier, developed that
the books of the bank were not au-
dited for 1918.
With regard to the approximate
withdrawal of $500 made by Mr..
Tall the day the bank closed, he
said:
We'll, I'll have to offer some con-
siderable explanation of the with
drawal of $763 of it. II was a
certificate that | assigned to the
treasurer of the First Baptist
Church to pay my unexpired sub
scription Of 81 600 to that church.
/ want to 60 into that to show why
drew my money. On Sunday be-
fore the bank cIused on Monday
was out semi-annuaI payday to the
church. put my check in on that
| day for $l25, my semi-annuaI pay
ment. and on Monday morning
| proceeded to take that certificate
| out, which was due on the first Of
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