Lexington, Aug. 10—R.T. Lambeth, president of the Peoples Bank of Thomasville when it failed on May 10, 1921, was found not guilty late today by a jury which remained out with the case for six hours. Lambeth was tried on a charge of discounting an alleged worthless note and receiving deposits for the bank when insolvent.
From the front page of the Marion Progress, Aug. 17, 1922
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