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R. Hill. Assistant Cashier Closed Bank Testifies To Records. Knoxville, Jan. 19. Government today introduced dence in Federal Court in an indictment charging Rader, former president the Citizens National Bank Greeneville, "making false and financial statement of the bank's condition the comptroller of the currency. Hill, assistant cashier the closed bank, testified records showed that on December 31, 1932, Rader three notes, taling $36,000. to the Hamilton National Bank of Chattanooga for Two notes, and one for signed jointly by Rader Dugger, Hill said. the other for signed by The three notes were returned Rader January 1933 letter from the Hamilton tional Bank explainincharging your suecial account with Over the objections of defense counsel showing the bank had $75,000 capital and surplus and under national banking laws not more than 10 percent of and surplus could be loaned borrower. Hill testified in the financial report comptroller Rader listed his debtedness to the bank at the two notes had been an asset of bank December 1932, what would have been Rader's tion to the Attorney asked Hill replied that Rader's total indebtedness would have Under the capitalization surplus what would be the mum which could be loaned any one person' Smith asked. replied Hill. Hill also testified that Rader had access "to the note Kutchens, national testified yesterday Rader admitted him in bonds belonging to Woodyard estate shortage in the accounts the old Citizens Savings bank." Kutchens sand he came Greeneville May 16, 1933 to amine records of the Citizens tional bank after had been in the hands of Rader servator. receiver for the appointed June 1933. The witness explained that old Citizens Savings Bank, state institution, made become national bank in the fall of 1929. The application, testified, was refused because shortage" was found the bank's In July, 1930, the old state bank nationalized and became the Citizens National bank. "Rader told Kutchens tified, "that the $10,000 bonds did NOT belong to the bank but were taken from the Woodyard estate to help make good the shortage in the old state "Did he make this statement the presence anyone Jack Smith, assistant S. district attorney. asked. was made in the of the end his store," Kutchens plied. Rader said he took the bonds and expected replace them. but hadn't been able Kutchens testified. The bank examiner said the bonds" were listed part the Citizens National bank's assets in its statement Dec. 1932. "Do you know that the records show that the old Citizens Savings bank bought the bonds the fall of 1929," Piper, defense attorney, asked on cross examination. bonds never had been chased,' Kutchens replied. der said he took R. Hill, 34, assistant cashier the closed bank and now assistthe bank's receiver, Fuller, was the next witness. He identified certificate deposit for drawn against estate "Jennie Britton. said the check carried NO dorsement and had been marked December 31, 1932. Hill testified that $900 of the check credited to the account Dickey, and the account of the "Home company. owned the Home Oil comAttorney Smith asked. H. Rader," the witness swered. Defense counsel objected grounds that Hill could NOT know owned the company. if you know, how do you Smith then asked. receiver for Homa (Continued
