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Lance and three business associates originally had been charged with 33 counts of conspiracy, false financial statements and misapplication of bank funds from 1970 to 1978. During much of that time he had served as president of either the Calhoun (Ga.) First National Bank or of Atlanta's National Bank of Georgia. After the prosecution finished its case three weeks ago, Judge Moye dismissed the conspiracy charge and 13 other counts because of insufficient evidence. The remaining charges accused Lance of misusing bank funds in making improperly secured loans totaling about $1 million to his wife, son and friends...
...Glen A. Sea Columbus, Ga...
When she was eleven, Rosemary Daniell sat in the Bolton, Ga., Methodist church and "dreamed of marrying the blond boy" a few pews away, "in a baby-blue wedding with six bridesmaids, of becoming the perfect housekeeper and sex partner, and of having six children [and] writing perfect novels while perfect cakes baked in the oven in my Betty Crocker kitchen." She never made it. Instead, Daniell got hitched at 16 to a classically brutal good ole boy, divorced him and married upward to a dull architect, raised three children, had an affair with a "Famous Southern Poet," married again...
George A. Kellogg Athens, Ga...
...Government's charges that he had misapplied bank funds and filed misleading financial records to obtain about $1.3 million in loans. He stoutly defended his banking practices, reminiscing about the lesson he had learned in his first banking job, as a $90-a-month teller at the Calhoun (Ga.) First National Bank. One of his customers, Elsie Goforth, regularly put up a Guernsey cow named Spot as collateral on $100 loans. Once she defaulted and, to Lance's horror, showed up at the bank to surrender Spot...