davidaulloa/AmericanStories huggingface dataset:
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
BEGIN this A. M. ~
TAKING EVIDENCE
IN HEARN Case
Continued from Page ~

made before the law became effective
and there was no attempt mace to
hide them, each being reported in the
statement to the bank examiner.
Day Spent Selecting Jury.
| The jury to try W. d. Hearn, former
president of the Bank of Pine Bluff
on an indictment charging violations
OF the banking laws, was completed
at ) o'clock yesterday afternoon after
! Is men had been examined. Messrs.
King and Henderson were selected to
replace Sol. Bloom, juror No. 4, and
J. G. Alexander, juror No. 8. The
first change was made at the instance
of the state, and the second by agree
ment. The jurors were permitted to
separate last night, being admonished
to refrain from discussing the case.
The taking of testimony will begin
in the morning, the witnesses being
as fellows For the state, ]. NJ. Da-
Wis. banking commissioner; A. ].
Reap, deputy banking commissioners
H. c. Kilgore, R. E. Pugh, deputy
banking commissioner; J. S. McDon-
nell, president of the Bank OF Pine
Bluff at the time of the failure, and
V. d. Webb; for the defense, j. q.
Boyce. president of the Cotton Belt
Savings & Trust company Hubert
Strange, cashier of Peoples bank; 10
Michel, cashier Simmons National
bank; j. w. Sanders. w. H. Beaver,
A. V. Scruggs, J. V. Helvie, r.
Carnahan and W. C. Hudson, cashier
of the Bank of Pine Bluff.
The Charges.
The indictment on which Mr.. Hearn
was placed on trial yesterday was re-
turned on September IL, 1914, by a
grand Jury of which H. E. Trulock
| was foreman. and contains four
counts. These charge that in the
statement rendered to the state bank
ing commissioner on March II, l9l4,
loan of S143 900 to J. w. Sanders was
represented as being secured by real
estate and personal property, Wher
il was not; that it was represented a
loan of SS9,S95 to w. D. Hean was
secured by real estate when it was
not; that loan to the Heafndale
farm was secured by real estate Wher
it was not, and that in reporting the
assets of the bank, Mr. Hearn falle(
70 deduct commercial and other un'
secured paper past due for II months
on which no interest had been pald
and which was not in process OF cof
lection, this item being said in tn
bill to represent $4,000 of the re
ported assets.
Attorney N. J. Can't, one of tn
Younger members OF the bar. is pre-
siding as special Judge in place o
Circuit Judge A B. Grace. who wal
last week persuaded by the bar asso
citation to take a three weeks vac
tion because of his health. Jude
Grace has been at the Davis hospita
since Friday. and was reported yes
terday to be improving. ..
| The prosecution is being rond4ste
nv Prosecuting Attornsy T. y raj
ham. while the defense is represente
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

by Arthur Murray.
The petitioner prays the court to
either set aside his bid entirely, or to
instruct the commissioner of sale to
deliver to him the entire property
which was offered for sale, and upon
which offer his bid was based. The
matter will come before Chancellor
Elliott for action next week, when
the report of the commissioner of the
sale is acted upon.
1t was stated last evening that the
tract of which Arthur Murray is half
owner, fronts about 60 feet on Martin
place and extends north, back of Mar
tin place. nearly 700 feet. 1t was
further stated that about ten years
ago Mr. Murray refused an offer of
$4,000 or more for his half interest
in that portion of the property.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

Hudson. This reserve panel beins
exhausted. with two seats III the bo'
yet empty, Deputy Sheriff X. e
Unsell was instructed to summon tW'
panels of four each. Fred Blathwicl
and Walter Butler was secured from
these eight, whereupon prosecutor
Parham, who mad one challenge re
manning asked the court to be permit
ted to exercise it. He excused So
Bloom, who was replaced by W. P
King when four additional talesme1
had been summoned for examination
instead of those remaining on the
panel of four when Mr.. Bloom was
excused. Mr.. Henderson was select
ed to replace Mr.. Alexander, excused
by agreement because he is related
to Mr.. Rowell's law partner, w. B
Alexander.
Outline Cases
Prosecuting Attorney 'Parham Their
outlined the states case, reading the
indictment, stressi:Ss the responsible
ity resting upon hank officials ant
declaring that offenses such as are
charged should not he permitted tc
go unpublished. He pointed out thai
it was charged Mr.. Hearn, as prcsi-
dent of the Bank of Pine Bluff, had
loaned to himself $4,000 on oper
and unsecured notes, and that this
was more than 80 per cent of the
banks capital and surplus, and was
prohibited by law. The loan of SAG
GAG to i W. Sanders, director 81
the bank, was also in excess of thu
amount permitted OF law, declared
the states attorney, who charged tha'
while the statement represented this
loan as being secured by real estate
and personal property, it was upon
an open and unsecured note.
In outlining the case for the d..
Tense, Mr.. Nixon declared it would BIZ
proved that the statement was truf
report of the Nzak's condition, with
out an effort at deception, declarir.
that had the defendant Or Mr.. Hud
son sought to deceive the bank.n.
commissioner in this first rer)or
under the new law loans in excess o.
the amounts permitted wou q no
have been reported, nor would the
fact that the bank had only 12.46 pei
cent. of it's deposits in reserve beer
made known in view of the law re
quiring 20. per cent. He criticised tht
state banking department, and wa;
cautioned by the court to refrail
from going outside the record.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
by Attorneys Alex RoWell w. B. Sor-
rells and r. I1avis NlXon.
Indictments FO!IGW Failure.

|
The indictments against Mr.. Hearn
| and ". C. Hudson, cashier OF the
Bank of Pine Bluff, followed by sever
al weeks the closing of that institu-
| tiCn On July 3, 1914. The charges in
both bills are similar. The cases
were set for trial at the November,
1914, term, but We're continued be-
cause of the illness of Mr. Hearn.
When Judge Grace granted the motion
for a continuance of the Hearn case,
Prosecutor Parham secured contin-
uance of the Hudson case, saying he
believed public interest demanded that
the higher official be first placed on
, trial Both men have been under
bonds CT $1,000 each since the war
rants were served on September r.,
1914.
The failure of the institution was
preceded by three weeks by run"
This was weathered through the
aid of the clearing house association.
which put in about 100000 on the
day of the run" Many depositors
who did not clamor for their money
on the day Of the run" quietly check
ed out their accounts in the three
weeks following, forcing the bank to
close when efforts to secure funds in
other sections were unsuccessful.
State Banking Commissioner John NJ.
Davis assumed charge of the instltu-
ton, placing in control Deputy R. D..
Pugh, who has directed the liquida-
ton under supervision of Chancel-
lor J.. NJ. Elliott. The commissioner
approved claims for about $65O,0O0,
and levied an assessment OF 100 per
cent against shareholders OF the in
stitution.
Among the funds in the bank at
the time of the failure were 1000
of state and county funds and $1,000
of the city's money. Some sllarehold-
ers CT the bank aiC ei bondsmen OF
the officials who had deposited the
money to raise the amounts, securing
an assignment of the claims and be-
ing relieved from paying the 100 PEE
cent assessment for the time being.
Creditors Get 30 Per Cent.
Thirty per cent of approved claims,
excluding those held by assignment
of officials for the public funds paid
have been paid by the bank commits
| SlO0Gr. liz Sdlc vi tiiC Oe~hN oo'>s-
Monday for $270,14O is expected to
pay ordinary depositors an additional
! 30 per cent and trust funds an addi-
tional 70 per cent. Chancellor Elliott
stated he would not approve sale for
less. The sale was ordered on petit
ton of creditors, who declared tina
the cost of liquidation would greatly
reduce the amounts they would re-
ceive. Much of the security held by
the banks was long time notes ant
mortge ges, impossible to be realized
rpon at this time, and it was contend
ed that the expense being incurred
by the state department in winding vi
the affairs of the institution. it extend
ed over long period would consume
most Ct the assets of the bank. 1t II
understood Mr.. Mcdonnell has agreed
that if the aggregate amount oftere(
at the sale Monday is not sufflcient u
pey ordinary depositors 80 per cen
and trust funds 20 per cent, he VII
increase his offers sufficiently TO u
so.
Hearn Out Before Collapse.
Mr.. EEealn was not pres!dent - ~
bank at the time of the failure haVlnl
been succeeded about month Prev
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

, ously by J. S. Mcdonnell, one Of the
Wealthiest men in this section. The
inside story Of the deposal of Mr.
Hearn has never been made known it
simply being stated at the time that
Mr.. Mcdonnell had acquired a large
interest in The bank and had been
made president, Mr.. Hearn being re-
tanned as vice president. Following
the run" on the institution Mr..
Hearn assigned to Mr.. Mcdonnell as
trustee the Hearndale farm, and the
Hesrn home which was bid in for
ST 900 at the sale Monday.
w. c. Hudson, the cashier, has been
active in attempts to revive or reOr-
game the bank. although under the
laws of the state he could not be
connected with it in an official capac-
ity. Mr.. Hudson stated recently that
if the assets of the bank were pur-
chased by syndicate of local peo-
pie contemplating the establishment
CT bank, it would be reorganized I'M
der the federal laws and would pay
depositors of the Bank of Pine Bluff
losses sustained by the failure of that
institution. Most of the assets were
dCUulICu NY Wi. AnGOOhICIi, w. "a
Kientz, a banker of Altheimer, and
Mr. Hudson. The bank building was
purchased by Handley & Howell.
Both Hearn and Hudson are mar
ried and have resided here practical
ly all of their lives. Mr. Hearn was
virtually the founder Of the Bank OF
Pine Bluff, and Hudson started in
with the institution as runner. Both
men enjoy the confidence and esteem
of hundreds.
Regular Venire Quickly Exhausted.
Only one juror was secured from.
the regular panel this being James
Hargrove former bartender. The state
was not disposed to accept men who
were long associated with the de-
PENDANT or with w. c. Hudson, or
who had secured loans from the bank
while the defense was not inclined
to accept as jurors any who had
money on deposit at the bank at the
time of the failure, or who are re-
lated to persons who were depositors
when the bank closed. The selection
was made additionally difficult be-
! cause of many entertaining opinions
Or prejudice in the case. Nearly all
of those who disqualified themselves
admitted they had formed opinions
from reading in newspapers articles
concerning the bank.
Prosecuting Attorney ~Parham cited
supreme court opinions showing that
an opinion formed on hearsay is moi
sufficient ground for the disQualifi-
cation ia juror, but Special Judge
CAN'T opined that twelve men who
had not formed opinions could be
secured, and expressed the belief that
these would make the best jurors, for
the state as we'll as the defense.
Six jurors were secured from the
special panel of % Judge CAN'T ord
cred the sheriff to have in court by
1900. M. and J. G. Alexander, who
was afterwards excused by agree
ment of the counsel, was the first
man of the reserve panel OF 20 sum
moned. S. u. Arnett seemed &C.
ceptabic to both sides. until Attorne!
Rowell asked ITO what church d.
you belong, Mr.. Arnett?" Baptist.
replied the talesman. We'll excuse
YOU" said Attorney Sorrells. Pinch
back Taylor created laughter by ad
hitting he was not ANXIOUS to serve
On the jury. aud urging as = possibl;
cause OF disqualification that
brother-in-law is Q kinsman to MI
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
LIQUID to Put Out Fire.

The nervous housewife who lives in
constant dread Of fire may, with very
little trouble. make an extirguisher
that will put out blaze If used at
Cnce. All she needs to DO Is to put
three pounds of salt In a gallon Of wa.
ter, and to this add pound and half
Of eel ammoniac. This liquid should
be bottled, and when the fire Is dis
covered 1t should be poured on it
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

To please her wee daughter. Doris.
Mrs. x. the other day bought globe
Of goldfish, and when the little one
arrived at home from school the first
thing she saw vas her new present
After some moments OF gleeful chat
ter. she asked soberly: Mamma.
where do We keep 'em when. they've
had their bath?"
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
Roller Skate Race Results.

UVHCT OhdGt RUCc lNVSUkVSs
|sew York, March 1S.-The final
Print in the second annual interna-
|nal 24-hour roller skating race re-
lted in close and exciting finishes
Madison Square garden tonight.
Peni won firt prize, Martin Sec
q, Laurey third, Keys fourth, Kirk
hide fifth.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
Above Library.

Al alcove in IL bed.oo MAJ be
turned into tiny library. Have
window seat under the windowa
which are hung with straight c-rtains.
Spindles and twisted columns reach.
ing to the ceiling are effective finish.
Tugs for the ends OF the booksaelyes
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
HORSES AND MULES FOR SALE

NURSES AND MULES FUR SHLE'
$50 head of horses and mules--15o
horses and mares, all broken, ages 3
to 7 years old, weight $50 to LOO
lbs; so head unbroken mares, to
5 years; 80 good colts &C with
mares; 80 mules to years old, all
broken, $50 to 1000 lbs. Prices sure
right. Call, write or wire,
VICTOR SIMON, Horseman,
10 n. Santa F'e Ave.
1-21-1m Pueblo, Colo.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
70 Heal chapped Skins.

Skins that have been chapped and
made rough by exposure can be re-
l!eved by applying with bit Of cd
linen lotion consisting Of one ounce
Of rose water, half an ounce Of gycer
Inc. half teaspoonful Of borax. and
three drops OF benzoiu.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

%stlln, Texas, March 1S.-Jim
supe, one-time Carlisle football
Y. Rter an Olympic athlete, now a
%uer OF the Giants squad, will
ssl gown irregular job in the New
:. Eeam's line up this year. accord
ne@o authoritative reports.
I,xss9taw is said to have asserted
~ the outfield, Thorpe will bat
III t ,SS5 for the season and field
v aooVe the 800 mark.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

Is. .voslerADOn't be among the
bn. My to get here first Monday, our
sW Is limited, and the sale only
b,s;. days. Reap & Crawford
a'tlre Co. 3-1S-6t
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19

'tc Tampico, which will then be be-
sieged by General Villa.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-19
Hearp Ont Before Collapse.

Mr. Healn was not president ct tbs
bank at the time OF the tallufe' haF1ns
been succeeded about a month preVl-
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
Get Hunters License Now.

The best time to get a hunters
license is right now Get your Ii
cense early in the year when you
have a full years benefit of it. All
hunters licenses expire with the
close of the year. A license dated
December 31st, would be good for
that day only. A license dated in
January is good until the first day
of the January following. So you
see the advantage of getting license
cary.
Licenses cost one dollar, which
license permits hunting in your
own county and also in all counties
bordering on same. Fine for hunt.
ing anything without license is $25
to $1O0 and cost Of prosecution.
Safety first. Get a license
Moberly Democrat.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
A Good Heart.
M. Albertus Coverdel

A great teacher once babe his
scholars consider and tell him what
in their opinion, was the best thing,
and that most earnestly to be de-
sired.
One said there was nothing bet
ter than to have a contented dis
position. Another said that a good
companion the best thing in the
world A third said a good neigh
Dor; a fourth preferred a wise per
son who could fOrsee things
The master was not satisfied
with any of these rather lame an.
swers At last in came anOthe,
scholar, who said. "A good heart is
better than all b."
This time the master nodded ap.
proval. Right" he said; in those
three words. "a good heart yoU
have comprehended all that tht
others have said. He that hath a
good heart will be contented witt
his lot; he will surely prove both
good companion and a good neigh
Dor, and he will see clearly wha
things he ought to do From tn,
ground of a good heart will up
spring the harvest of good DEEDS
E. D., in ChatterboX.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
Easy to Find.

Can you tell me where Mr.. Sch
waCkelhammer, the preacher
lives9" inquired a stranger of the
old German settler. "Yaw," said
he, You shust walk de road up to
de greek, and durn de pritch owe de
shtream. Den you 60 on dill you
gum to a road NIT weeds around a
schoolhouse; but you don't take dat
road. Veil, den you 90 on dill you
meet a pig shingled NIT straw. Den
you durn de road around de field,
and 60 on dill you gnm to a pig red
house all speckled over nit vite and
de garnet up stairs. Veil dat is
mine proder Hans's house. Den
you durn dat house around de barn
and you see road dat goes up into
de woods. Den you don't dake
road, too. Den 90 right straight or
and de first house you see is hay
stack, and de next it is a parn. Vel
ne don't lif dere. Den you will get
farder, and you see a house on d.
hill about a mile, and 60 in der'
and AK de old woman. and she vii
dell you pedder as | can. Elk.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
BY Peter Radford
Lecturer National Farmers Union

Lecturer NatlOnal dItlleIS CillOH
A broad campaign of publicity on
the subject of rural life is needed in
this state today to bring the problems
of the farmers to the forefront. The
city problems are blazoned upon the
front pages of the metropolitan dali
les and echoed in the country press,
but the troubles o. the farmers are
seldom told, except by those who
seek to profit by the story, and the
glitter of the package ofttimes OBJ
scures the substance. A searching in
vestieation into the needs OF the
farmers will reveal many inherent de-
fects IN our economic system that can
be easily remedied when properly I'M
derstood and illuminated by the pow
er of the press.
The rural press, the pulpit and the
school are a trinity of powerful in
fuences that the farmer must utilize
to their fullest capacity before he can
occupy a commanding position in pub
lie affairs. These gigantic agencies are
organized in every rural community
and only await the patronage and CO
operation of the farmers to fully de-
velop their energy and usefulness.
They are local forces working for
the best interests of their respective
communities. Their work is to build
and their object is to serve. They
prosper only through the development
and prosperity of the community.
Every farmer in this state should
subscribe for the local paper, as well
as farm periodicals and such other
publications as he may find profitable,
but he should by all means subscribe
for his local paper and no home
should be without it. The local paper
is part of the community life and the
editor understands the farmers prob
lens. 1t is the local press that will
study the local problems and through
its columns deal with subjects OF most
vital Importance to vlocal life of the
community.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
Everybody Drag.

When the smiles of spring appea
Drag the roads;
When the summertime is here,
Drag the roads;
When the corn is in the ear;
In the winter cold and drear;
Every season in the year;
Drag the roads,
When you've nothing else to do,
DRAG the roads.
IF but for an nour or two,
Drag the roads
1t vii keep tSem good as new.
With a pur firm and true,
Fall III linz! lis up to you:
Drag The roads!
Would you do the proper thing?
Drag the roads.
Set the system on the wing:
Drag the roads.
Give the drag a lively swing;
Toss the laurel-wreath to King!
Hats off! Everybody sing:
Drag the roads!
M. Albertus Coverdell.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
A Noble Task.

In too many instances the country
papers mimic the city press by Civ
ing prominence TO scandals, accidents
and political agitation. The new
rural civilization has placed upon the
rural press renewed possibilities,
and enlarged possibilities for useful
ness 1t cannot perform its mission
to agriculture by recording the frail-
ties, the mishaps and inordinate am
billions of humanity, or by filling its
columns with the echoes of the strug-
giles of busy streets, or by enchanting
stories of city life which lure our
children from the farm.
1t has a higher and nobler task.
Too often the pages of the city dailies
bristle with the struggle of ambitious
men in their wild lust for power, and
many times the flames of personal
conflict scar the tender buds of new
civilization and illuminate the path
way to destruction. The rural press
is the governing power of public senti.
ment and must hold steadfast to
principle and keep the ship Of state
| In the roadstead OF progress. The
rural press can best serve the inter
ests of the farmers by applying its
energies to the solution of problems
affecting the local community. II
must stem the mighty life current
that is moving from the farm to the
cities, sweeping before it a thousand
boys and girls per day. 1t has to dea
with the fundamental problems o.
civilization at their fountain head. Its
mission is to direct growth, teach eff
ficiency and mold the intellectual life
of the country, placing before the pub
lie the daily problems of the farmers
and giving first attention to the leg
islative, cooperative, educational ant
social needs of the agricultural classe
within its respective community.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14
The Power Of Advertising.

The influence Of advertising is clear
ly visible in the homes and habits Of
the farmers, and the advertising col
umns of the press are making their
imprint upon the lives of our people.
The farmer possesses the things that
are best advertised.
The farmer is entitled to all the
advantages and deserves all the lux
uries of life. We need more art, sci
ence and useful facilities on the
farms, and many homes and farms
are well balanced in this respect, but
the advertiser can render a service
by teaching the advantages Of modern
equipment throughout the columns Of
the rural press.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1915-01-14

Mr.. and Mrs, Edmund P. Nelson
of st. Louis have announced the en-
gagement of their daughter, Miss
Irene, to Joseph W. Heimsoth Of
New York. Miss Nelson is beau
tiful young lady if she looks any
thing like the picture in the Globe
Democrat-RalIs County Times.