A telegram in the Goldsboro News late yesterday afternoon from its Snow Hill correspondent announced that after hearing the evidence of the state in the case in which Mr. George Norwood, well known local banker, was charged with violation of the state banking law is ??tion with the failure some time age of the Snow Hill Banking & Trust Company, of which he was president, by not maintaining a sufficient cash reserve on hand, the judge presiding ordered the case thrown out of court. This action was not resented by either the private prosecution or the solicitor and, in fact, the latter concurred with the judge in his decision.
The announcement of the court’s action in this matter caused general satisfaction among friends of Mr. Norwood all over this section. It was generally understood that the charge against him was merely a technical one. As a matter of fact, he had not been actively connected with the Snow Hill Bank in several years at the time of its failure, though he was president of the same. It was merely a case, they understood, in which he was the victim of an unfortunate circumstance.
The evidence as presented by the state, according to the News correspondent, was such as to cause the judge presiding to immediately order the case off the docket and ended once and for all.
Possibly no piece of news that this paper has ever received causes as much general satisfaction here as that mentioned above, for it is generally understood all over this section that Mr. Norwood is a gentleman of the highest integrity and business ability.
From the front page of The Goldsboro News, Saturday morning, Feb. 27, 1926
newspapers.digitalnc.org/lccn/sn93064755/1926-02-27/ed-1/seq-1/
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