50-year-old Hector Morejon of 20th Street N.E. in Hickory was arrested by Hickory Police at about 3:30 yesterday afternoon (July 9) on one felony count of possession of stolen property. Morejon was taken into custody without incident at his residence. He was processed at the Hickory Police Department and later released under a $5,000 unsecured bond. A first appearance in District Court was scheduled today in Newton.