1.
July 28, 1911
The Tupelo Journal
Tupelo, MS
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Answer This Question, Mr. Voter! The books of the Mississippi Bank & Trust Co., of Jackson, which has just gone into the hands of a receiver, (probably on account of its dealings with Vardaman,) would demonstrate whether Vardaman while governor embezzled the public funds. Why haven't the books of this bank been shown? Answer: Because its officers, who are ardent Vardaman men, enjoined in the chancery court of Hinds county public accountant Moore from making the examination. The bank would have shown the books if Vardaman had agreed to it. Why did he not agree to it? Answer that question, Mr. Voter. Do you want to set the example to your son and the other youth of the state of endorsing such a man for the highest office in the gift of the people? If that is your idea of your duty how do you expect your son to be honest and patriotic? Another question: Mr. Vardaman says Gov. Noel wants the books examined for political reasons. How would it furnish Mr. Noel campaign argument if the books are correct?
2.
August 4, 1911
Greene County Herald
Leakesville, MS
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Owes State $16,009.53. Jackson.-Governor Noel was notified by the state treasurer that the Mississippi Bank and Trust Company, of Jackson, which is in the hands of the receiver, is one of the state depositories, is due the state, according to the treasurer's books, $16,009.53, subject to a credit of an outstanding drait for $3,935.79, which may or may not have been paid. The governor notified the treasurer to make formal demand on the receiver for the full amount due by the bank, and if not paid immediately to notify the guaranty company.
3.
August 4, 1911
The Aberdeen Weekly
Aberdeen, MS
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JACKSON BANK CLOSED. It Is Claimed That the Depositors Will Lose Nothing. Jackson.-The Mississippi Bank and Trust Company, a Jackson corporation with resources of $307,724, of which $163,552 represents individual deposits, was forced into the hands of a receiver on the application of J. B. Harris, a stockholder. The court appointed Judge W. H. Potter receiver and fixed his bond at $5,000. The collapse of the bank, according to a statement issued by an official of the bank, is attributed to lack of patronage. The directors issued a statement to the effect that the depositors would not lose a cent through the failure and that the stockholders would realize something. "The liabilities of the bank in the way of deposits and other account amount to $200,000," is the statement made, and if properly handled the assets will fully realize that sum if not more. The administration of the receivership will be economical, and with judicious management it is expected that the institution will be relieved of its present financial embarrassment." The bank carries a small amount of state and municipal funds, both of which are protected. The statement of the bank filed with the state auditor on July 5 showed the capital stock of the bank to be $100,000. There was no surplus. The undivided profits of the bank, less expenses and tares, were $2,866; individual deposits subject to check, $163,552; time certificates of deposit, $17,866; due other banks, $3,438, and bills payable and rediscount, $20,000.
4.
August 4, 1911
The Aberdeen Weekly
Aberdeen, MS
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Owes State $16,009.53. Jackson.-Governor Noel was notified by the state treasurer that the Mississippi Bank and Trust Company, of Jackson, which is in the hands of the 1eceiver, is one of the state depositories, is due the state, according to the treasurer's books, $16,009.53, subject to a credit of an outstanding drait for $3,935.79, which may or may not have been paid. The governor notified the treasurer to make formal demand on the receiver for the full amount due by the bank, and if not paid immediately to notify the guaranty company.
5.
August 17, 1911
Okolona Messenger
Okolona, MS
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PLEASED WITH RECEIVERS' WORK. Stockholders Will Get More Than Expected-Fees Cut Down to Minimum. Jackson.-The affairs of the Mississippi Bank and Trust company of Jack_ son, which was recently placed in the hands of receivers, will be liquidated with but little expense to the stockholders, the depositors will be paid in full, and the stockholders will realize more than anticipated, is the announcement made by W. J. McGee, one of the directors of the bank. "The affairs of the bank are being handled in a business-like way," said Mr. McGee.' "Strict economy is shown in every act of the receivers, and they are endeavoring to realize as much as possible for the stockholders after a settlement is made with the depositors."
6.
October 6, 1911
The Grenada Sentinel
Grenada, MS
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PAY BANK SHORTAGE. Johnstons Send $50,000 to Mississippi Bank and Trust Company. Jackson.-The receivers of the Mississippi Bank and Trust Company, the affairs of which have been in process of liquidation for several weeks, received from Joel F. Johnston and his son, Joel F. Johnston, Jr., the sum of $50,000, which sum represented the amount due to bank by the Johnstons, who are large property owners in Hinds, Madison and Rankin counties.
7.
October 26, 1911
The Birmingham Age-Herald
Birmingham, AL
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File Schedule on Bank Jackson, Miss., October 25.-(Special.)Judge W. H. Potter and Oscar Newton, Jr., receivers of the defunct Mississippi Bank and Trust company of this city, have filed a schedule of the assets and liabilities of the institution with the chancery clerk. The resources are valued at $262,318.32. The liabilities amount to $272,241.52.
8.
November 19, 1911
The Birmingham Age-Herald
Birmingham, AL
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SENSATIONAL SUIT AGAINST VARDAMAN Asked to Come Into Court and Explain About Funds Jackson, Miss., November 18. - -Alleging that when he retired from office in 1908 several state funds were not fully accounted for, suit was filed in the chancery court of Hinds county late today seeking to have former Governor, now United States Senator, James K. Vardaman, come into court and make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that several thousand dollars are unaccounted for; that the former governor made over charges and doubled charges in rendering expense accounts for visits to state institutions and that public moneys and his private bank accounts were mixed. The funds for which an accounting is demanded are the contingent fund, the Spanish-American war fund, the Meridian cyclone relief fund and a deposit of $2,098.45 with the Mississippi Bank and Trust company and $1,740.33 with the Merchants Bank and Trust company covering interest on back date bonds.
9.
November 19, 1911
The Times Dispatch
Richmond, VA
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EXPLANATION IS SOUGHT Former Governor Vardaman Asked to Give an Accounting. Jackson, Miss, November 18.-AllegIng that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the Chancery Court of Hinds county late to-day seeking to have former Governor. now United States Senator. James K. Vardaman make an explanation. The suit was filed by Attorney-General A S Hudson. The Mississippi Bank and Trust Company, now suspended, as the in stitution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that the former Governor made overcharges and double charges in rendering expense accounts for visits to State institutions, and that public moneys and his private bank accounts were mixed.
10.
November 20, 1911
Omaha Daily Bee
Omaha, NE
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Vardaman Asked to Account for Money PACKSON, Miss., Nov. 19.-Alleging that when he retired from office in 1908 several thousand dollars in state funds were not fully accounted for, Bult was filed in the Hinds county court today. seeking to have former governor, now, Senator James K. Vardaman, make explanation. The suit was filed by Attor. ney General A. S. Hudson The Mississippi Bank and Trust company now suspended, as the institution in which Mr. Vardeman kept his personal as well as offical deposits, is made codefendant. The bill alleges that the former governor made overcharges and double charges in rendering expense accounts for visits to state Institutions and that public money and his private bank accounts were mized.
11.
November 21, 1911
The Herald and News
Newberry, SC
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SUIT AGAINST VARDAMAN. Explanation Sought of Former Governor Concerning Public Funds. Jackson, Miss., Nov. 18.-Alleging that when he retired from office, in 1908, several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county late today, seeking to have former governor, now United States Senator James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust Company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made codefendant. The bill alleges the former governor made overcharges and double charges in rendering expense accounts for visits to State institutions, and that public moneys and his private bank accounts were mixed.
12.
November 22, 1911
Keowee Courier
Walhalla, Pickens, SC
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Ugly Charges Against Senator. Jackson, Miss., Nov. 18.-Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county late to-day seeking to have former Governor, now United States Senator, James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank & Trust Co., now suspended. as the institution in which Mr. Vardaman kept his personal as well as his official deposits, is made co-defendant.
13.
November 23, 1911
The Caucasian
Raleigh, Goldsboro, Clinton, NC
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SEN. VARDAMAN SUED Charged With Falsifying His Expense Accounts and not Accounting for Funds Suit Filed by Attorney-General of Mississippi Against Former Governor of That State-Several Thousand Dollars of the State's Money Not Fully Accounted For. The Attorney-General of MississipDI has filed suit against ex-Governor James K. Vardaman, the former spectacular Democratic Governor of Mississippi, charging him with falsifying his expense accounts and with not properly accounting for certain public funds. An Associated Press dispatch sent out from Jackson, Miss., Saturday night says: "Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the Chancery Court of Hinds County late to-day, seeking to have former Governor, now United States Senator Jas. K. Vardaman make explanation. The suit was filed by Attorney-General A. S. Hudson. The Mississippi Bank and Trust Company, now suspended, as the institution in which Mr. Vardaman kespt his personal as well as official deposits, is made codefendant. The bill alleges that the Former Governor made overcharges and double charges in rendering expense accounts for visits to State institutions and that public moneys and his private bank accounts were mixed."
14.
November 28, 1911
The Birmingham Age-Herald
Birmingham, AL
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WANTS TO LEARN ABOUT ANCESTORS Californian in Jackson the Past Week Tracing Relations on Maternal Side Jackson, Miss:, November 26.-(Special.) Mr. Mortimer Lindley, a prosperous citizen of Sacramento, Cal., has been in Jackson in an effort to complete and fill in a few missing links in his family tree. Mr. Lindley's mother had lived in Jackson 60 years ago, having come here with her parents and being known as Miss Belle Arrrington, but he found few if any who remembered the family. It is understood that when the grand jury meets here the first Monday in December a demand will be made on the receivers of the Mississippi Bank and Trust company for its books and records, with a view to ascertaining whether or not deposits were received after it was known the institution was insolvent. Reports from Columbus and other points are to the effect that Miss Estelle Smith, daughter of C. R. Smith, the wealthy Lowndes county planter who shot and killed a drummer named Laurent on the depot platform at Artesia three or four years ago, and who is now serving a life term on the penitentiary farms is circulating a petition asking that her father be sent tothe State Hospital for the Insane for treatment, that being her first move for a pardon. J. Q. Robins, president of the First National Bank of Tupelo, has offered a prize of $100 for the Corn club boys of his county, and it is stated that other citizens of the community will augment that by generous additions, that the Lee county boys will have something in the way of prizes well worth striving for next year. W. D. Griffing of near Hamburg, Franklin county, has made some interesting and valuable experiments in tobacco culture this year, and is fully convinced that Southwest Mississippi is the natural habitat of the tobacco plant. He grew Burley, Sumatra and Havanna varieties, finding that all of them did well and were adapted to that section as a money crop.
15.
November 30, 1911
The Bamberg Herald
Bamberg, SC
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Shortage Charged Against Vardaman. Jackson, Miss., Nov. 24.-Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county seeking to have former governor, now United States senator, James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that the former governor made over-charges and double charges in rendering expense accounts for visits to State institutions and that public moneys and his private bank accounts were mixed.
16.
October 5, 1912
The Hattiesburg News
Hattiesburg, MS
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BANK DEPOSITORS RECEIVE DIVIDEND Jackson, Miss., Oct. 5.-Judge W. H. Potter and Oscar Newton, Jr., receivers of the defunct Mississippi Bank & Trust Company, which went to the wall about one year ago, carrying deposits of about $100,000, have disbursed the first dividend to depositors, amounting to thirty-three and onethree per cent. It is expected that another dividend will be paid during the early part of the new year.
17.
February 21, 1913
Greene County Herald
Leakesville, MS
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Bank Win Pay More of Loss. Jackson.-The receivers of the defunct Mississippi Bank and Trust Company, which failed in this city about fifteen months ago, expect to be able to pay another small dividend to creditors within the next sixty days. The status of the receivership shows, however, that there will be nothing whatever left for stockholders after the depositors have been paid, and the latter class cannot hope to realize the full amount of their deposits.