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FACES MORE CHARGES INVOLVING BANK
Receiver Sues for $46,602 Shortage, Claimed.
THREE OTHER WARRANTS CHARGE ACTS
State Examiner Lists 29 Specific Instances of Alleged Violations of Laws Governing Banking.
SOL MOYSES & co. Hunter Furches, former cashier of the defunct Bank of Ooltewah, became INSURANCE further involved in the tangled affairs that institution yesterday when US BEFORE INSURING SEE bill charging him with shortages totalJames Bldg. ing $46,602.71 filed in Phone 6-8188 court and three more bearing criminal charges were served on WE WRITE ALL KINDS OF him. INSURANCE AND GUARANThe chancery bill was filed by AttorTEE THE LOWEST PRICES neys Whitaker & Whitaker for D. Robertson, state banking charge of the bank since closed March 17. It charged with specific items of shortage and asked the court for an attachment 400 on acres of land held by Furches and his later to the Maywood Land company, in which they were declared to be principal stockholders. The warrants against Furches were sworn out before Squire Dennis by two depositors in the defunct bank. In D. Hollohan alleged that Cashier Furches deposit of $60 from him on March 16, The the day before the Bank of Ooltewah closed, when he knew the bank to be insolvent. John Wolfe swore out the Turkeys other warrants, charging Furches with accepting deposits $100 and when knew the bank was inAre solvent.
Furches Makes $500 Bond in Each Case. Furches made bond of $500 in each case. The bonds were signed by Furches and his attorney, W. E. WilkerTom Carter and Ray Wolfe. Another warrant charging Furches with accepting deposit while he knew his bank insolvent sworn out by Wolfe last The bill filed against Furches by Supt. Robertson also named his wife, Mrs. Maye Furches, the Maywood Land company the Equitable Assurance defendants. The represented months of of affairs and was prepared and filed Whitaker, attorneys for bank superintendent. The specific items of shortage charged against Furches are as follows of in connection between the Bank of of in transaction between the Bank Ooltewah and the Winter Construction comThird Shortage of $3,343.70 the Bank of OolFourth transaction between the Ball heirs and Cashier Furches. March 16, the day before the bank closed, Cashier was alleged have charged the Hamilton National improperly. alleged authorized the bank to apply of the Bank of Ooltewah's funds his personal for held by the Hamilton National of in loans and discounts. of in individual posits and in certificates posit. March 17 Furches alleged to the cash the bank $168 and charged that the account of the Gordon Produce company March 14 Furches alleged to have the bank with and have reduced the the Bank of Ooltewah the amount. alleged to have been paid by the bank through cashier for total of $308 without any charge the made the customers whom they were is alleged to have issued checks $350 which were not charged to his account. alleged have issued his own the Hamilton National bank payable to interest personal loans and on have charged the amounts to the interest discount account of the Bank of of $110 in the savings account of Clyde Bailey. Claims Note for $574 Is Spurious. of $574 on Jan alleged to have when Furches withdrawn that amount and entered discount book as the on the loan and Chestnut. The loan loan of one Frank by note signed by the Frank and is alleged to be by which of $200 withdrawn March and charged to the account of the Knights Pythias lodge. Dec. 1930, for which paid note Rogers receipt. alleged he given the never entered. credit alleged that Feb. Walton paid $50 on Forney which no credit was entered. for of Nineteenththe deposit Ed in Additional of of Mrs. Fannie $420.20 in the deposit Howard. shortage of the deposit of Fisher. in shortage the deposit Charles in Knauff. shortage of deposit of Plott. in the shortage the deposit of John in of the deposit Poe. shortage the deposit of $265 shortage deposit of Rhine$900 in the hart. Items of and $500 charged $535, various times loans discounts bank does have for which the other purported signed for $800 to the credit passed Walnut overdraft.
