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16 New Indictments Returned In Asheville Muddle Banking indictments naming men today had been added the already voluminous list the Buncharges brought by jury as the combe grand failure banks here result of the fall with more than $20,000,last on deposit. indictments include The latest and brought to new names total number of men against the whom chargès are pending. term of special will begin Monday, perior court M. Barnhill, of with Judge for the Rocky Mount, presiding, the Solicitor Zeb cases. be assisted in the Nettles several prominent prosecution attorneys of the state. Prominent in yesterday's grand were indictments jury action Col. Luke Lea, Luke Lea, charging Charlet, of Nashand Wallace Davis, ville, Tenn., and Charles Bradpresident, ford, the closed Central Trust Company with Bank and defraud the instituconspiracy tion more than The Leas, Charlet and Davis ready had been charged with spiracy defraud the bank of $880,000. Gibson, former city secreand Charles Malone, former city bond attorney, not previously indicted, were named yesterday's charges. Malone, Bradford, Davis, his brother, Russell Davis, vice president of the Central Bank, and Rogers and H. Bartlett, former city charged with 12 instances of leged conspiracy to pervert the credit of the the benefit of defunct bank. More than $8,000,000 of public funds were deposit in the bank when closed. Another indictment charged Hegeman, president the funct Commonwealth Bank of Black Mountain with embezzlement of $63,000 and with false try. False entry with intent to deceive the state banking department to deceive defraud creditors of their banks also charged against W. Davis, Dr. Sinclair and N. Brown, the latter two directors the Central Bank, and against W. McGeachy, Brown, cashier, and Reed, director closed bank.
