Greensboro, Dec. 1—First legal steps in the Salisbury banking cases since the indictment of J.D. Norwood, J.K. Doughton and M.L. Jackson were taken today by F.P. Hobgood of this city, attorney for Mr. Doughton, now a resident of Raleigh, when he filed for transmission to federal judge H.H. Watkins a demurrer and motion to quash the original indictments, in which the three defendants are jointly charged with violation of the national banking laws.
Sixteen counts are in this original indictment, and it is the only bill in which all three of the defendants are incited jointly, in connection with the failure of the People’s National Bak of Salisbury, which went down in June, 1923.
From the front page of The Concord Daily Tribune, Wednesday, Dec. 2, 1925
newspapers.digitalnc.org/lccn/sn92073201/1925-12-02/ed-1/seq-1/
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