Show B BANK AN K 0 IAL UNDER QUIZ U ON J TU FAll Oil Committee Tries to Trace Source of M Mysterious 1 ous With Which I A. A B. B Fall Bought Ranch LONG BEACH Cal March 25 1 Jake Hamon formerly a power in Oklahoma politics paid Boies Penrose Penrose Pen- Pen rose late senator from Pennsylvania Pennsyl Pennsyl- vania cash to get the Republican presidential nomination for Warren G. G Harding at the 1920 convention according to a statement statement statement state state- ment made to the Long Beach Telegram today by Arch L. L Mitchell Mitch Mitch- ell elI former state corporation engineer engineer engineer engi engi- neer of Oklahoma WASHINGTON March 25 M. M MD M.D. I. I D. D Thatcher president of the First XaU National nal bank of Pueblo Cob Colo was questioned by the oil committee com corn mil lee today about financial transactions transactions trans trans- actions between A. A B B. F Fall ll and that bank bant I The Th The witness said that Fall had been a customer of the bank since 1913 or 1914 DId Did the bank make any loan to him during 1921 asked Senator Walsh I r 1 have the records here No sir r said said the witness Or 1922 No o. o sir I Thatcher said Fall borrowed 15 from the bank in 1916 and nd paid it in May 1922 ESTATE MAKES LOAN As' As Aked Asked ed about Falls Fall's statement to the committee that he lie arranged to get funds from the M. M I. I D. D Thatcher hatcher estate Thatcher said the Tres Ritaa Ritas Cattle Cattle company Falls Fall's company company com corn pany had had- done S so What do you know about that transaction asked Senator We made some loans to the Tres Rio Cattle company compaU We Ve loaned them and there is isan isan isan an overdraft of about which I has probably been consolidated into a note It was was' loaned in separate I Io lotos oe e. e running from to 10 There may bv haye ten ben some someo o ot of n f i. i r J I 1 til ui they reached a round figure wr-ei wr a note would be drawn to cover conr it jt The transactions the witness said viere were through Mr Everhart Mr 11 Everhart told m me said lh Thatcher r that they were trying to make male improvements would run as high as He lIe asked me If I would be able to toa tomake tomake make a loan I said yes Nes If reason reason- able The advances have reached I or with Interest for forI I the few tew months passed I HELD FIRMS FIRM'S STOCK Anything said about security I I 1 had ad security I had the stock 01 cit l the cattle Thatcher hatcher listed the loans The first first- was in 1021 1921 and th the ne next t was on September 22 22 1922 I Thatcher said he knew nothing about Falls Fall's purchase of th the Harris Harris Harris Har Har- ris ranch for nor where the money came from Senator Walsh wanted to know details about Fa Falls Fall's Is I's borrowings from the bank I bankI I think think until this loan for water power power Improvements the he maximum was a year said I Ithe the witness 1 Thatcher said he he would not have advanced money to purchase i new properties He identified I IE E erhart E erhart as Falls Fall's son law and I manager of bo bosh h the tha Fall ranch and the Thatcher ranch He lie i j I-j a cousin of Thatcher LISTS LARGE LOANS Thatcher listed the other borrowings borrowings borrowings bor bor- under the arrangement with Everhart as Ell follows January 19 1923 1123 April 13 13 probably a consolidation consolida consolida- tion the witness said July 9 9 July luly 27 August 16 16 October 2 2 and NoI November November No No- vember 9 I You are are quite certain all of these were In 1923 that your books are correct asked Senator Walsh I r am certain of It Thatcher explained that all of the loans he had listed were made by the M. M D. D Thatcher Estate company com com- pany and went vent Into the checking account of th the cattle company His Ills understanding was that the loans I were secured by a ar at of ot the property property property prop prop- erty Including the Harris ranch or any other land Falls Fall's company bought DEPOSITS CORRESPOND Senator Walsh checked over the records of deposits in Ti the cattle company's account They corresponded corresponded corresponded corre corre- with the the- amounts and dates of the loans by the Thatcher company Asked whether hall Fall Fall got any loans except those in the name of th the cattle COmpany company the wI witness nes replied Nothing during the period you sp speak ak of other asked Was Va there any Continued cm on p page ge 4 BANK OFFICIAL UNDER QUIZ ON LOANS TO FALL FALLI S I C Continued n n pd fr from m pa page e 1 Senator Adams Democrat Colo Cob rado Th There re was a loan to Fall in January 1921 of t Th Thata That t was a to c cover ver loans carried over from 1916 or 1917 Were there ther a any y other ther rec rec records in 3 your our b bank of ot p pla pl connected with Mr l Fall showing any n loans loans' asked Senator Dill Democrat S Washington Mr had an tn account S Did you l loan an him through S your company 1 |