In a shocking turn of events, the annual meeting of the stockholders and directors of the Farmers Traders Bank in Maysville, Kentucky, revealed a web of deceit and financial mismanagement. On July 16, 1920, the bank’s officials gathered at the bank building to discuss their most successful year in history. But beneath the surface of prosperity, a darker truth lurked. The board of directors, consisting of C.L. Wood, W.R. Newell, S.C. Brittingham, T.L. Holton, R.B. Holtou, J.M. Coluns, H.W. Cole, and T.R. Robertson, was reelected for the year, with newcomer T.R. Robertson joining the ranks. Robertson, who had been added to the list just a few months prior, was reelected with the others, sparking suspicions of insider dealing.
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Key Facts
- State: Kentucky
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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