Raleigh, July 2—Acquittal of Armfield and conviction of Sullivan on extremes of Raleigh lends interest to the special term of court here this week at which time the case against R.G. Allen, local banker under several indictments, is set for trial by Judge W.A. Devlin.
The Daily News has twice carried the story that compromise seems probable and that Solicitor Norris may nol pros the case against Allen. What will be done for J.H. Hightower, president of the Central Bank and Trust company, now deceased, and H.H. Massey, cashier, nobody seems to have had even a hunch. Each time the Daily News prophesied a settlement Solicitor Norris appeared least disposed to call off the prosecution; but the local papers have dropped into the prophecy and the general impression is that Allen who makes good much of the losses suffered in the bank’s blow-up, will cover a great portion of the Hightower and Massey responsibility. Anyway, the prosecution of Allen is not looked for.
Allen has come into possession anew of some property which he turned over to the old bank, it is said, and there is an impression that he will again take it over minus any bank. Solicitor Norris may have a statement to make to the court tomorrow, but he will not make any before that time.
From the front page of The Greensboro Daily News, July 3, 1922
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