Executed.
A late number of the New Orleans Delta informs us that William B. Mumford, the Southern hero, who tore down a Yankee flag, shortly after the formal surrender of New Orleans has been hung for that gallant deed. Mr. Mumford was a native of Onslow county, North Carolina.
* Details of his trial and execution: http://en.wikipedia.org/wiki/William_Bruce_Mumford
Source: The Greensborough Patriot, July 3, 1862 as found in Confederate Newspaper Project