Kenansville, Oct. 9 (AP)—A continuation of prayer for judgment until the January term of court in the case of the state against H. L. Stevens Sr. of Warsaw and a sentence of from 5 to 7 years in state prison in the case of Junius K. Powell of Warsaw marked the completion of the trial of the two men in Duplin County Superior Court here this afternoon. Sentence was pronounced by Judge Devin after several conferences during the day between attorneys for both sides and Judge Devin.
The men were found guilty last night of forgery in connection with the issuance of $35,000 in spurious notes on the town of Warsaw. During the trial, however, approximately $100,000 in similar notes were introduced in the trial as corroborative evidence.
In the case of Stevens, prayer for judgment and a motion to set aside the verdict were continued until the January term of court. During the interim, it was stipulated that Stevens will be allowed to make good approximately $100,000 in spurious notes which figures in the case. The assumption is that should the notes be made good, Stevens will not be sentenced to prison.
Powell was given a sentence of 5 to 7 years in state’s prison. Counsel noted an appeal from the verdict.
The men were tried and found guilty following the failure of the Bank of Warsaw in which both were officers. They were charged with forging notes against the town of Warsaw in order to get money to bolster the credit of the bank. Stevens admitted signing the notes but said he had not realized a cent from the deal but took the word of “Happy” Waters, the town clerk, who in June, that they had been properly authorized by the town authorities.
Powell did not submit any evidence, his counsel taking the stand that the state had failed to make a case of forgery against him.
From the front page of the Goldsboro News, Sunday morning, Oct. 10, 1926
newspapers.digitalnc.org/lccn/sn93064755/1926-10-10/ed-1/seq-1/