The Denison Herald
Thursday, December 29, 1921
pg 2

ORDER ARREST OF COUNTY BANKER
CASHIER OF COLLINSVILLE BANK CHARGED WITH EMBEZZLEMENT

Sherman, Dec. 29 - Sheriff Boyd Craig and deputy Bart Shipp left Sherman Thursday morning for Collinsville with
warrants for the arrest of A.E. Ragsdale, cashier of the Guaranty bank of Collinsville, charging him with
embezzlement and misappropriation of funds amounting to nearly $40,000
The complaints were filed by D B. Diggs of the state department of banking and charge Mr. Ragsdale with embezzlement of the bank's funds amounting to $20,600; misappropriation of $19,000 and false swearing in connection with the making of the last public report relative to the condition of the bank's finances. The complaints
were filed in Justice R.A. McCrary's court.
The bank, which was closed last Monday by the state bank examiner, has been re-opened and it is stated it will continue to do business.
Mr. Ragsdale has been seriously ill at him home in Collinsville for the past few days, but it is states that he is improving.



The Denison Herald
Friday, December 30, 1921
pg 1

RELEASE COUNTY CASHIER ON $10,000 BAIL

Sherman, Dec. 30 - A.E. Ragsdale, cashier of the First State bank of Collinsville, at Collinsville, was released
today on $10,000 bail, following preliminary hearing on twenty complaints of alleged embezzlement, false
statements and false entry. Complaints were filed here today.



The Waco News-Tribune
Wednesday, April 12, 1922
pg 2

Collinsville Bank Cashier Is Under Bond in 6 Cases
E. A. Ragsdale Charged With Misappropriation, False Swearing and Embezzlement

By the Associated Press
SHERMAN - E.A. Ragsdale, former cashier of the First Guaranty State bank of Collinsville, under $5000 bond in six cases, charging misappropriation, false swearing and embezzlement filed last December, was placed under bond in 21 additional charges of a like nature, following waiver of hearing before Justice R.A. McCrary yesterday afternoon. Judge McCrary set the bond of Ragsdale at $500 in the first of the new cases, and $225 in each of the other 20, for a total of new bond of $5000.
Roy Phillips, formerly employed in the bank, was allowed bail in 27 cases charging misappropriation, false entry and embezzlement, filed before Justice H.D. Cumby. Judge Cumby set the bail at $500 in the first of these cases, and at $225 in each of the other 26.



Sherman Daily Democrat
Monday, December 18, 1922
pg 5

ATTORNEYS ASK RAGSDALE INDICTMENTS BE QUASHED

Attorneys for A.E. Ragsdale, former cashier of the First Guaranty State Bank of Collinsville, argued a motion to quash the indictment charging embezzlement when the first case against the former banker was called for trial in Judge F.E. Wilcox's Fifty-Ninth District Court Monday afternoon.
Defective phraseology describing the exact charges against Ragsdale was offered by Judge Ben I. Jones for the defendant as the basis for the motion. No ruling had been made at press hour.



Sherman Daily Democrat
Tuesday, December 19, 1922
pg 2

RAGSDALE INDICTMENTS ARE QUASHED
BILLS DRAWN BY ATTORNEY GENERAL'S DEPARTMENT HELD NOT TO BE EFFECTIVE.

A motion to quash the indictment in all three counts of embezzlement, misappropriation, and misapplication
against A.E. Ragsdale, former cashier of the First Guaranty State Bank of Collinsville, was sustained by Judge Frank E. Wilcox when the first of the cases against Ragsdale was called for trial in the Fifty Ninth District Court Monday afternoon. The ruling on the motion followed an hour's argument by Judge Ben L. Jones, counsel for Ragsdale, with C.L. Stone, assistant Attorney General, asking that the indictment be not quashed.
The action of the court disposes of the Ragsdale cases for the present, it was stated by both State's and
defendant's attorneys since other indictments under which Mr. Ragsdale has been billed, although not acted
upon Monday, are similar to the one on which Judge Wilcox ruled and must also be quashed if motion is offered.
The indictment acted on Monday was drawn by a member of the Attorney General's Department, according to
County Attorney Hubert Bookout. The first count, charging embezzlement, was quashed because there was no adequate description of the moneys alleged to have been embezzled, the court stated in making the ruling. The second and third counts, charging misapplication and misappropriation respectively, were defective in that the
indictment did not allege the moneys or funds were converted by the defendant of his own use.
The bill which was held by Judge Wilcox Monday to be defective is one of a second series returned against Ragsdale.
After the return of the first series, a subsequent grand jury reindicted Ragsdale on the discovery by the County
Attorney's Department of what were regarded as fatal errors in the first bills. The second series were drawn
by a member of the Attorney General's Department, it was said.
Companion cases to the Ragsdale cases, charging embezzlement to J.B. Phillips, former bookkeeper in the
defunct bank, which were on the setting Monday, were reset for Jan. 8 at the request of Judge C.T. Freeman, of counsel for Phillips.



The Whitewright Sun
Thursday, July 5, 1923
pg. 1

DISMISS CHARGES AGAINST JUROR

Sherman, July 2 - As an aftermath to an alleged expression stating that he believed the defendant guilty made while deliberating with other members of the jury trying A.E. Ragsdale, a former Collinsville banker, charged with conversion, and his subsequent action of refusing to vote a verdict in line with this belief, charges of perjury and false swearing were filed in Justice R.A. McCrary's Court here Monday morning against J.M. Blassingame, farmer of Basin Springs, and a member of the jury which tried Ragsdale.
The charge was filed soon after Judge Hare dismissed the jury Monday morning after it had failed to reach a verdict since Saturday night, and was filed upon the statement of Floyd Simmons, of Sherman, and W.C. Jay of Bells, members of the jury who declared that Blassingame had stated in the jury room that he believed Ragsdale was guilty, but would not vote a verdict which would send him to the penitentiary. The final vote of the jury was 11 to 1.
Blassingame swore at a preliminary hearing held before Justice McCrary soon after the charge was filed that he stated in the jury room that he believed Ragsdale took the money, but was 'not guilty in his heart," because he had no intention of doing wrong. He declared that his Bible taught him there was no transgression of the law unless there is intention to do wrong.
After hearing the defendant's statement and testimony of Jurors Simmons and Jay, Judge McCrary discharged the defendant.



The Whitewright Sun
Thursday, October 8, 1925
pg. 9

A.E. RAGSDALE GETS PARDON
Austin, October 3 - Five conditional pardons and one parole were granted by Governor Miriam A. Ferguson on Friday, bringing the grand total up to 890, of which 538 were pardons.
Full pardons numbered 149 and conditional 389.
Among the pardons issued was on for a Grayson County man.
A.E. Ragsdale, Collinsville, conversion as administrator and conversion as guardian, six years; served half of sentence.  Recommended by all of the jury and many Grayson County citizens.  He has 3 small children to support.  Statement was made that he had rendered "good and valuable service to the penitentiary."