Winston-Salem, Dec. 27—Branding the complaint reported filed in federal court at Greensboro by W.L. Ashley, Patrick County, Virginia, against the Wachovia Bank and Trust company and others charging conspiracy against Bailey Brothers, Inc., as “false and absurd,” F.H. Fries, president of the institution, said today a speedy hearing on the case would be sought. He added, however, that so far no legal process had been served on the trust company and that his only knowledge of the case is that carried in the newspapers.
W.L. Ashley is said to be a stockholder of Bailey Brothers, Inc., bankrupt.
From the front page of the Durham Morning Herald, Sunday, Dec. 28, 1924
newspapers.digitalnc.org/lccn/sn84020730/1924-12-28/ed-1/seq-1/#words=DECEMBER+28%2C+1924
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