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Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Aug 01, 1906
Page
6
Continued testimony from Atlanta hearing details assertions by Representative Anderson and committee members about bucket shops and the Piedmont Brokerage Company. O Grady and Cheatham dispute claims while O Grady defends funds and Cheatham denies personal speculation in cotton futures.
Rudolph Anderson testifies before the committee, alleging officers of the Southern Cotton Association conducted cotton speculations in the names Mike OGrady and P A Lee. He claims Cheatham, secretary, opened accounts and signed checks totaling thousands, with funds routed to Atlanta and Memphis banks. Anderson offers evidence from banks and brokers and urges inquiry into Fairchild’s publicist role and stock ownership in Piedmont Brokerage Co.
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