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Albuquerque Morning Journal
Albuquerque, Bernalillo County, New Mexico
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In Fort Smith, Arkansas, on June 29, a jury convicted Southern Bank and Trust Company officials O. Waller (president of Texas), F. De Moore Lemon (vice president of Pittsburgh, PA), Ed Hunt (assistant cashier), and J.M. Langston Jr. (director) of using the mails to defraud. Lemon on four counts, others on five. They face up to $1,000 fine and three years imprisonment; remanded to sheriff due to inability to post bail.
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Fort Smith. Ark. June 29 The Jury in the Southern Bank and Trust company case this afternoon returned a verdict of guilty of using the mails to defraud against O. Waller, president of Texas, F. De Moore Lemon of Pittsburg, Pa., vice president, Ed Hunt, assistant cashier, and J. M. Langston, Jr., director. Lemon was convicted on four counts and the rest on five. The Jury was out twenty four hours. The maximum penalty is a fine of $1,000 and imprisonment for three years. They were unable to furnish bail and were remanded to the custody of the county sheriff.
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Location
Fort Smith, Ark.
Event Date
June 29
Story Details
Jury returns guilty verdict against Southern Bank and Trust Company officials for using mails to defraud; Lemon on four counts, others on five; jury deliberates 24 hours; maximum penalty $1,000 fine and three years imprisonment; unable to post bail, remanded to sheriff.