siiSai tim l
SKo jnoiey fcr
VfhOt I dt-i
vs boVroweit
op??rste on."
'he C-ounty
er thv tax
f ti on after
L extended
5 year io.
j&e not due
&?. Wo ex
We
teX?S
S a few
Igg&Yc did
Ig&ffl under
icom
I ha(*
If ore
?was
Hi tor
gsi&ittl cfrattw&t, it. ;,ie good. (
"Mr. Mtieheli iatlcod to me about
a*e iteuuig- W tMa $100,000 note. He
tolc! me that they could not use whet
money was in the ban!' to operate on j
ami if they used that mcnyy, the"'
would be indicted, or fje would iadiei
thero. Mr. Galloway, the Register of
Deeds, delivered the motes to the ?
bank. That money was allocated to!
the different account^ in the bank. '
We had several accounts there. I
don't recollect how much of this
*100,000 was a! located to the school
fund.
"f am pretty certain that Mr.
?Mitchell said that they could not use
the money. I said :
Tell me why they are borrowing
mcney, when they havtj money in the
bank.'
"I didn't know anything about the
County money and I wanted to be
pretty sure I was right. He says:
" 'The County can not use that
money they have to pay debts com
ing clue. If they do, I will indict
theh, or they will be indicted.'
"Mr. Mitchell lives in this County.
I git a receipt from the Bank when
the notes were delivered to them. I
don't remember how long it was al
ter 'the notes were actually sold to
the Bank on Sept. 17 when the bid
of the Bank was accepted, until the
notes were delivered, but it was sotr.e
ittlft time. Some few days. They were
;old isubjeot to the approval of New
ork | attorneys. Mr. Shipman told
ie. that he would give credit for
icm. I told him that I would take a
[rtificate of (ieposit and he could
Bterest. I said that we had
money for a little while. I
a'ds found out from the aucii
jere to put the money, and
afterward got the set up, I
!jp to the accounts and turned
certificate. That was as soon
the statement set up. I guess
:he very same day. I remem
cancelling of the bond. I
imediately to the bank and
collateral and got I guess
like $8,000 more than they
iere was one $30,00G arid
and more, and several
iusand dollars in coilater
time this ?100,000 was
credit of the County, I
^\tera! was given me.
>rV the amount but I
as much as $100,
i?v,th the bank every
?-jr that we drew or.
particularly un
overdrawn. I re
. Farr and Co. on
our attempt to pay
;ue in December."
is read to the Court.)
|Ir. Pickelsimers testi
iquirement of the Bank
st on dajlly balances,
pent is correct. I also
rtify about retiring
ey were due.
Vxaminatwv
,rne to put the Tran
mr.ney in the Bre
Tne former Treas
;heck on that bank.
Jifl{9fiif?nerr. told me
jney there, Mr. Pickel
~:&l y and the other
ssued vouchers on
?t account during
Hr. Pickelsimer
;evard Banking
^ement to pay
they could
:y ?-.x going to
ir,d Mr.\ Shipmijn
cent on t he daily
(member whether
cNeely why the
money. I guess
sarre thing ? I
)r he did or did
,.had to borrow
rd not use the
iy notes com
Pickelsimer
tow that they
the last two
transferred
after I got
iw about the
item to W.
the
Is. I
be
upon how istiicb and the aaality of
the oolleteral. I never was with Mr.
McNeelj at the Bank, Mr. pickeiMKi
er went there and handkd the checks.
Rs-Direct Ex&rr.inja,tion
"Mr. Pickelsimer instructed me
from time to time to get collateral
when i made deposits."
Dr. R, L. Stokes testified:
Direct ExvmKusi'ion
"I am a practicing physician. 1
was treating and- prescribing for Mr.
Rniph Fisher, in September, 1930.
He was sufffirhijjJ from what I
thought was gall stones and ap
pendicitis, and I saw him practically
every clay frcin August 23 to Sept.
15. A little later than that he went
to Oteen and I was out of the cas:.
I was there when they came to ask
him about a bor.d issue. He said:
" '1 am too sii:k to attend to busi
ness. You will have to see Mitchell/
As well as I remember, it was Mr.
Pickelsimer and Mr^ McNeely who
came. That was from August 23 to
September 15, I was treating him. I
thought it was right about the first
of September they came to see him.
His physical condition is bad now.
He has grown worse. The hospital
made X-rays and everything else,
confirming my diagnosis that it was
gall stones ar.d appendicitis. He has
to have an operation for those things.
Cross Examination
"One time is all I know that they
came to see Mr. Fisher. I don't know
what happened at other times."
STATE PAPER SAYS
ROOSEVELT SHOULD
BE GIVEN CONTROL
( Continued From Page One)
soberness and restraint.
"There is not responsible leader
ship at Washington, and tbc-re cannot
be under present conditions; there is
not one voice today that can speak
with more than a very limited degree
of warranted assurance for Washing
ton, beyond a period of le3s than
three months. The headshin of this
country's affaire stands repudiated by
the people with a singular approach
to unanimity. It is not in any sense
prudent that it should be compelled
to handle oj entrusted with the
handling of a situation of such ex
traordinary -gavity as that of this
moment.''
SUPERIOR COURT IN
BUSY SESSION HERE
(Continued From Fcgc One)
30 days on the roads.
Reginald Kitchen, assault wi\h a
deadly weapon. 3250 fine, and pay
ment of costs.
?urton McCall, seduction, mis
tral. Case continued until next term
of; court.
William Jordan. Alton Ashworth.
larceny. Sentenced to 12 months on
the roads. Capias not to issue unless
they again violated laws of the State.
Spencer Mull, Alton Ashworth, and
Malvin Zachary, larceny, 12 months
on the roads. Capias not to i3?ue if
no laws are violated in future.
Henry McKinney, Alvin Fowler,
affray. Discharged; defendants to
pay costs.
SERHHB PROBLEMS
FACING STATE WHEN
SESSION CONVENES
( Continued From. Page One)
institutions. There are other numer
ous institutions through which the
state has been expressing its spirit
ual side, and these must be kept
going.
Then, turning to industry, dis
couraging scenes are depicted there.
Industry is not running anything
like on full time, hence a consequent
lowering of taxes from that source.
Those people who have really studied,
the situation will hesitate to dace j
1 too great a burden upon industry, 1
knowing full well that the result will j
be a still further curtailment of ac- j
tivity with a consequent increase in j
the number of unemployed.
ECON0MYLEAGUE TO!
INSPECT CLOSELY |
STATE ACTIVITIES;
^^(Ccnk'rncxt From Page One )
$s||ncing the budget, or, of provid- ]
SfilSre venues to meet the expendi- 1
f?l|i it recommends in the revenue j
|||<iUppropriations bills it will sub- J
?> the General Assembly.
EFFORT BEING MM
TO PASS DEBTS ON T0W
TAXPAYERS OF 1972 ?
(Continued From Pupe Ow)
terest when it is believed that what
ever plan may be adopted by Ajshe
ville and Buncombe will also be
adopted by the smaller counties and .
townfc in Western North Carolina, JP
for there are many counties, facfoi?
the sauna problems and seeking so
lution for them.
These debts were created bv
peopk, or their representatives,
ins J $*26, '26, '27, '28, pf>, and 'SO.
The citizens of Ash'evillt! and Bun
eombc county in 19H2 say tbsy can
not pay the debts, The ccouaissi'W
appointed by the citizens cf ISSZ
recommend that the present citizen
ship pass the buck on to the peopie
who will he living and laboring to ?
1972 and thereafter.
Is this the right thing to do? Is
it the hoaest thing' to do? Is it the
honorable thing to do?
Or is it the cowardly why? the
cheap way? the childish way?
Who is there to speak up for the
men and women of 1872? The young _
men and young women of today
be old and inactive when that day*^
comes, forty years hence. Those who
will have to pay that debt are as yet
unborn, and who wants to unlaid his
own burden upon a generation yet.
to be born?
Had this money been expended far
something that the citizens of 1972
could use or enjoy, there might be
some argument for its adoption. But
what will Sweeten Creek road be in.
1972? What will that hole ia the
wall, called Beaucatcher Tunnel, be
in 1672? Ever, the Twin Iniquities,
the county court house and the City
Hall, will not be in use in 1972. Net
a single thing that this money tvas
spent for will be of service tc the
generation that will foot the bill in
1972.
Is it because the citizens of today
are actuated by false pride, or a
sense of justice that bhnds them to
real justice?
Why not do the one and only fair
and square thing in this matter, not
only in Buncombe county, out in nil
other counties and towns where such
conditions prevail?
No other interest in America has
escaped without taking a less. Many
tens of thousands of business men
have seen everything swept away.
Millions of workmen have Ions' ago
seen their jobs wijxsd out, and trade*
that men had learned are nc lonser
of any value. Bursted banks hav?.
through liquidation accepted very
low figures in adjusting private in
debtedness, while million? have besn
marked off the bcoks altogether be
cause of the inability of the debtor
to psy.
Why, then, is it so neotssarv that
bond-holders be protatted against any
loss on their investments? What
special right or privilege has a bond
over any other instrument that was
used in our financial and commercial
activities?
The bond bouses, the bond attor
neys and the bond representatives
were just as active in pilinjr up these
public debts and gettiag the bonds
into tbeir possession as the public
officials who issued the bonds were
to sell them. Bond attorneys and bond
buyers hung around court houses and
city haHs as regularly as the regu
lar office holders, and in some
. instances were on the job with more
regularity than the office holders.
; These bonds were to them a cons
'inodity which they bartered and soM *
for profit, just, like merchants ^?dld
calico or overalls. /
i Where do the precious public v>onds
get their sacredness in this sordid
' dealing that went on during the
; Twenties?
Why shouldn't tlfl&fbond-holdt-r?
take their losses, justTlke everybody
?eisc has had to do?
Why go to the legislature and pass
a law that makes a one hundred dol
lar bond worth one hundred dollars
of a man's money in 1972, when that
bond today is worth only $25,
What honor is it to this generation
to say that a county must net default
in the payment of its public debt,
vhile saying at the same time that
this generation cannot pay the obli
gation, but in order to keep the
county's ntnie above reproach, the k
debt will be passed on to posterity.
to a generation as yet unborn?
Buncombe county can never pay its
public debt; Asheville can never nay
its public debt: and numerous other
counties ?uul municipalities are in
the same condition.
This generation had its flinjr. tor
rowed the money, spent it like drunk
en sailors, and now stands broke and
bankrupt. Let this generation, there
fore solve this question, and not. pass
it to the children of 1S72 and there
after to pay for the foolishness of
their fathers in the Twenties!
-3B' ? ? ? .
SPECIAL RATES TO SHOPPERS
To Ashevilte, GreeOwiHc and Heiulersonvillc
Jes very reasonable ? Makes shopping in these
points easy and economical.
seven passenger closed cars Safe drivers
Call the
svard Taxi Service
or 118 5. H. Siniard, Manager