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About Griffin daily news. (Griffin, Ga.) 1924-current | View Entire Issue (Sept. 28, 1977)
J. B. Stoner claims he was offered $25,000 to have Dr. King killed ATLANTA (AP) — White su- FBI agent and an Alabama premacist J.B. Stoner claims an policeman offered him $25,000 Kissinger honored UNITED NATIONS, N.Y. (AP) - Former U.S. Secretary of State Henry Kissinger has been given the Grand Cross of the Federal Order of Merit, West Ger many’s highest award for foreign officials. West German Foreign Minister Hans-Dietrich Gen scher said the award was given in recognition of Kissinger’s contribution to fostering “the very close relations and cooperation existing between the two gov ernments” of West Germany and the United States. Genscher presented the award to Kissinger on Tuesday. BAN zHHrBUBBLE f DEODORANT W YUM ■PWI CREST B ... fO I H Jr fl* TOOTHPASTE 1| Jku 1 3 * 1 1 JI I Water V UD Sias I Tape 1 . EN ,n ll\ Eftr J®M lln l/.W Jir i uww. wst. New Sunday Hours 1 Lbj 591S@ 44 441 n« *.« m - I <3 S S d 7:00 P.M. 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A Birmingham grand jury has indicted the Marietta attor ney in connection with the 1958 bombing of the Bethel Baptist Church, reliable sources in Ala bama said Monday. The same grand jury indicted Robert Edward Chambliss of Birmingham on murder charges in the deaths of four black girls in another church bombing in 1963. Chambliss was in an Alabama jail Tuesday. Stoner denied any in volvement in any bombing, say ing: “I had nothing to do with it. I’m not guilty.” The investigation, Stoner charged, is a publicity stunt by Alabama Atty. Gen. William J. Baxley to get the black vote in his bid to become governor. Stoner also said it was an at tempt to discredit his States Rights Party. Stoner said that if he is ar rested on the Alabama in- dictment, he will fight extra dition because “I might be murdered when I get to jail.” He said he also will file a habeas corpus petition naming the two officers. “The FBI agent offered me $25,000 to arrange for the killing of Martin Luther King” Jr., Stoner said. “This was about 1957, when he was living in Ala bama, before he came back to Atlanta.” The agent “insisted that I find a good marksman to kill King — they wanted it done by rifle,” he said. King was pastor of a church in Montgomery at that time. Page 13 — Griffin Daily News Wednesday, September 28, 1977 The church Stoner reportedly is accused of bombing was pas tored by the Rev. Fred Shut tlesworth, president of the Ala bama Christian Movement for Human Rights and a leader of black civil rights demonstra tions. The FBI agent and a Bir mingham police undercover agent “either asked me to bomb Shuttlesworth’s church or find somebody who would do it,” Stoner said. “They offered me $2,000 to do it." Stoner said he had figured out that the man was an FBI agent and his belief was confirmed when he saw an FBI report given to the Alabama state patrol. “I know he was an FBI agent because I saw a report the FBI had on me,” Stoner said. “It had all kinds of information from their informants and pin ned this man down completely. I had already figured him out., though. “I knew he was in cahoots with a Birmingham detective,” Stoner said. “I told the news media in 1969, when I was working on the James Earl Ray case, that an FBI man had tried to get me to kill King, but the media ignored it,” Stoner said. Ray is serving a prison term for the murder of King, who was shot to death in Memphis, Tenn., in 1968. Banking laws pushed By W. DALE NELSON Associated Press Writer WASHINGTON (AP) - Spurred by the disclosures that led to Bert Lance’s resignation, members of a Senate com mittee are pushing for laws to keep bankers from giving their fellow insiders privileges de nied other customers. “I think the public has a cor rect impression that basically there are two sets of rules,” Sen. Donald W. Riegle, DMich., told several bankers at a hearing by the Senate Banking Committee Tuesday. The three-day hearing is con cluding today with testimony by John Evans, head of the Securities and Exchange Com mission, and representatives of two banking associations. Although loanee resigned as budget director a week ago, he continues to be the focus of most questions committe members direct at witnesses. Three bank officials denied Tuesday that they give prefer ential treatment to insiders of the banking world and, specific ally, that Lance received any special treatment. The committee chairman, Sen. William Proxmire, D-Wis., and several other committee members indicated they favor having interest paid on the cor respondent accounts, but the bankers generally said they would favor this only if interest were also to be paid on demand deposits placed by corporations other than banks. Many small banks maintain such correspondent accounts in larger banks, often in distant cities. Instead of paying interest on the accounts, the larger bank provides specialized services to its customer. Ex-Decatur mayor indicted ATLANTA (AP) - A Fulton County grand jury has indicted a former mayor of Decatur and a former chairman of the Ogle thorpe University board of trustees on charges of violating the disclosure and registration provisions of the Georgia Secu rities Act. Former Decatur mayor Wil liam “Jack” Hamilton and John C. Spencer were named Tuesday in a 12-count in dictment which charged them with misleading a number of institutional and private in vestors by failing to disclose important financial information about investments totaling sev eral hundred thousand dollars. According to the indictment, the principal institutional vic tims of the alleged fraud were the Synod of the Southeast- Presbyterian Church of the United States; Georgia Presby terian Homes; Presbyterian College of Clinton, S.C.; Tift College of Forsyth, Ga.; Ogle thorpe University of Atlanta, and Villa International, a Pres byterian-affiliated facility near Emory University which serves foreign exchange students. A “conservative” estimate of the loss to the institutional in vestors, according to Asst. Atty. Gen. Andrew Ekonomou, “would be in the neighborhood of $350,000 to $400,000.” According to the indictment, Hamilton and Simpson sold short-term, interest-bearing bonds from April 1, 1974, to February 1975 without telling investors that their investment company had suffered a $700,- 000 operating loss in 1973. In addition, they are charged with failing to disclose that nearly all of their company’s assets were tied up as collateral for bank loans used to pay off old notes. Their company, the Roy D. Warren Realty Co., was de clared bankrupt in February 1975. A trustee since has been appointed by the federal bank ruptcy court in Atlanta to su pervise the handling of about $2.5 million in claims against the company.
