The independent. [volume] (Elizabeth City, N.C.) 1908-1936, 1922-02-03
FIRST NATIONAL DIDN'T
EXACT THAT 81, 900 BONUS
Matthew Reed Himself Explodes Aydlett's Latest
Gas Borb While c. H. Robinson Refuses
To Talk To Any Except Stockholders

aDDroaching a -cwSpaper con-
- tr6versv or 4 artle of paper
bullets, c. H. r ,nSon president
90 +be First & .sizens National
Bank refuses to ,ommit 10 VIII
inc anv reply tc a second attack
mon him and t. First & Citi-
zens National Iank, by E. F.
Avdlett. And S Mr.. Aydlett's
second open lett attacking Mr.: i:
Rob;nson NAV 'e the last of
what looked lik, another first
class community row.
Under date Of Jn. Il. 1922. Mr..
NvdIett came out in a letter addressed
70 the stockholders Q the First y Cit-
izsns National Bank harging Mr.. Rob
insop with full responsibility for the
fact that he (A1letO had been
dropped from the Bard of Directors
Of the First & Citi'ns National ana
accusing Mr.. Robinon of malicious
and selfish motives Ir. Aydlett's let
ter was nailed up int least one pup
lie place for the pubc to read.
Under date Of Jan. 20 Mr.. Robinson
directed circular le.er to the stock
holders of the First x Citizens Ma
tional in which he UIrly accused Mr.
Avdlett of blackmal ID brought other
sariors charges az ISt him. This
newspaper got hold @ copy OF both
communications and lde them public
last week. against 2 protest OF Mt
Robinson. who ;n>jsr that his letter
was directed to the ckholderS of the
hank and was not 70 publication.
Avdlett comes bac. under date of
Ian. %. with a reply o Mr.. Robinson
and makes number statements cal
culated to injure rhe 'tr$t X Citizens
National if true. As for reply to
Mr.. Aydlett's second terary etusion'
Mr.. Robinson said
II have no statame for newspaper
pubIcatiou and TO max sure that there
will be no newspaper publication OF
what I have to say. ~ reply to Mr.,
Aydlett's second attac. WI be made
verbally to the directoS of this bank.
Mr. Aydlett's commurration is ad-
dressed TO the Stockholrs of the First
&, Citizens National Blk and L shall
confine any further eamunlcatlonS
may make TO our st:kholderS, and
NOT have them peddle from door to
door BY a eolored boy rs Mr.. Aydlett
has done"
Mr.. Robinson takes rather Supe;
rior attitude in the matr. but the pub
lie does not so easily rSmiss AydlettS
latest broadside. Aydl, in his latest
naper bomb makes ,erious charge
against the First & Cizens National
To Guote his own @ ems English
Aydlett says:
ssHe mfr. Robinso, says it is
against the law for director TO
accent remuneration II procuring
a loan. I heard a W days ago
that his bank. with IS approval.
took up from Mr.. Ntthew Reid
of this county about SS.3OO.OO IN
notes of other parties and charged
and received from him bout $1,000
discount on the note Let Mr..
Robinson tell the st. kholders II
this is correct. Wa this made
known to the director Were the
notes good, and if SO why was a.
$1,000 discount chargl. Do you
think a square host farmer,
, when he needs To- real bad.
feels he has had a sIuare deal
when he has to pay b enormous
discount"
Believing that the pub should know
more about this incideu regardless OF
Mr.. Robinson's silenca his newspa-
per has investigated the Uatthew Reed
case, believing that if IL First & Citi-
zpns or any other bank exacts such
bonuses of farmers III ed of loans,
the public ought to know.
But an investigation ,nly gives a
clean bill of health to NJ Robinson and
the First & Citizens ,ational. This
newspaper got an interew with Mr.
Reed at his home at Teeksville this
week. Mr.. Reed says:
NO one was more srprised than
was when Mr.. Aydlett'sstatement was
called to my attention. | have been
dealing with the First. Citizens Ma
tional Bank for a long ime and they
have always treated me white. what
happened was this:
Last winter I had a tie for So,OOO
or $500 due at the Est & Citizens
National Bank and l waited to take 1t
ND. / went to Mr.. Gsitlr. the cashier,
and told him / wanted meet the OBJ
LEGATION. that / didn't ,e for things
TO be hanging over. Nj Gather told
me it was tight times .ith the bank
right then. but for me ot to worry;
that the bank would ia care OF me
and | could renew my lite.
But / didn't want renew the
note. I'm sort of funny about that; i
don't like for things tohang over. l
had sold farm to Mr.. L. Ball and
taken his paper for $4,000 run
ming over a period of te years. L told
Mr.. Gather if he wor take these
notes I would sell thel to him at a
ten per cent discount. Gather ad
vised me not to do tn
"I never had any dc ngs with the
bank in selling those nc saw Mr..
Martin Simpson (E. F Aydlett's Jaw
partner) and asked bin if he knew
anybody who would taxi ne paper for
a 10 per cent discount, Mr.. Simpson