The five cases in which Mr. George F. Woodard and his daughter, Miss Lena Woodard, of Princeton, were charged with embezzlement, and false entry and accept deposit, respectively in connection with the failure of the Merchants and Farmers Bank of Princeton, were postponed Friday until the next regular term of criminal Superior Court.
The cases were up for discussion about 11 o’clock Friday and the lawyers for the defendants, Messrs. E.S. Abell of this city and J.H. Pou of Raleigh, asked for postponement of the trial in order that the court might obtain an additional audit of the bank’s books. They also asked that the cases be combined into one case, stressing the fact that considerable time and expense would be saved if this were done. Mr. Abell and Mr. Pou both made speeches favoring this consolidation of counts and postponement of the trial.
Solicitor Williams and Mr. Mayo Bailey of Raleigh, attorney for the Corporation Commission, presented the state’s side of the case, and the court decided in favor of combining the cases, but declined to order another audit of the books Because there was not enough time during this term of court to complete the trial, which promises to be long drawn out, the case was postponed. This will give the defendants time to have an audit of their own, the judge pointed out.
According to contention of the state, two sets of books had been kept.
From the front page of the Smithfield Herald, Tuesday morning, March 16, 1926
newspapers.digitalnc.org/lccn/sn92073982/1926-03-16/ed-1/seq-1/
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