State v. Richardson

The opinion of the Court was delivered by

Mr. Justice Cothran.

The Beaufort Bank closed its doors July 12, 1926. The defendant W. E. Richardson was its president, and the defendant W. P. Jay was its cashier. At the March term of Court for Beaufort County, in 1927, a number of bills of indictment were presented by the solicitor, in which these defendants were charged with breach of trust, violation of the state banking laws, and conspiracy between themselves and with others to cheat and defraud the depositors and stockholders of said Beaufort Bank. All of said indictments grew out of the failure…