A $100,000 bond was set Wednesday for a Redfield man who allegedly stabbed two men during an altercation Monday.

Jefferson County District Judge Kim Bridforth set the bond after ruling prosecutors have probable cause to charge Billy Matthews, 39, with two counts of first-degree battery.

According to a probable cause affidavit from Redfield Police Detective Teri Patterson, Matthews was arrested after police were sent to a reported armed disturbance at 309 S. Brodie St. Matthews was placed in handcuffs while officer tried to determine what had happened; when asked, he told officers he had thrown the weapon in the woods.

The two victims, Scotty Murdock, 38, and Kenneth Smith, 31, were found at another location, where they were waiting for Redfield Rescue and the Ambulance Service to arrive. Smith was taken to a Little Rock hospital, where his condition was originally listed as critical. Redfield Police Chief Steve McFatridge said Wednesday afternoon that the condition has been upgraded to stable.

Murdock required seven staples to close the wounds he received.

A witness to the incident told police that Murdock and Smith went to the house to check the welfare of a woman who lived there and when they arrived, Matthews produced a large hunting knife and started stabbing both of them.

Patterson reported that Matthews was not questioned after he asked for an attorney.

In addition to setting the bond, Matthews was ordered to have no contact with the victims until the case is settled.