The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1924-03-25
TESTIFIES0F
LOANS MADE TO
FALL COMPANY
Colorado Banker Says More
Than 100000 Advanced
To Cattle Company
ALSO PERSONAL LOAN
Committee DelveS Into Per-
sOnal Finances of Former
Secretary .

Washington, Mar. 25.-A resolu-
tion providing for the impeach-
ment of c. c. Chase, collector
spf customs at El Paso. on
charge Of conspiracy was intro
duced today by Senator Walsh,
Democrat, Montana.
Reciting the refusal Of Chase
to testify before the oil commit
tee and the previous testimony
that he attempted to get Price
Mckinney, Cleveland banker, to
give false testimony the resolu.
ton would bring the situation to
the attention Of the house "for
appropriate action"
That intends impeachment?
asked Senator Borah. Republican
Idaho, when the proposal was
presented.
YES" Senator Walsh said.
Chase is Albert B. Falls SON.
in-lsw. Mckinney recently testi-
fled that Chase had been sent to
him to ask that he"say Fall had
borrowed from him the mysteri-
Gus 100000 whose source the oil
committee was seeking to as
certain"
Washington, Mar. 25.--(By the A
pm. d. Thatcher. president of
the First National Bank of Pueblo
Colorado, was questioned by the oil
committee today about financi ia
transactions between A. B. Fall and
that bank.
The witness said that Fall had been
a customer of the bank since 1915 OF
1914.
"Did the bank make any loan to
him during 1922" asked Senator
Walsh.
II have the records. here--no sir
s.iid the witness.
COR 1922
"No sir"
Thatcher said Fall borrowed SIS.
900 from the bank in 1916 and paid
it in May, 1922.
Asked about Falls Statement tt
the committee that he arranged to
get funds from the M. ID. Thatcher
estate, Thatcher said the Tres Ritas
Cattle Company (Falls company had
done so. q
"What do you know about that
transaction asked Senator Walsh.
owe made some loans to the Tres
Ritas Cattle Company. We loaned
tbem 100000 and there is an over
draft of about s22,O 900 which has pro-
badly been cons olidated into a note
1t was loaned in separate notes
running from $4,000 to $4,000. There
may have been some of $4,000. The
amounts were drawn until they reach
cd Il round figure when a note would
be drawn to cover it,"
The transactions, the witness said
Mere through tMr. Everhart."
"Mr. Everhart told me-" Thatcher
said, chat they were trying to make
improvements which would run as
high as 100000. He asked me if
would be able to make loan. I said
yes, if reasonable. The advances have
reached from 100000 or 100000
with interest for the few months
past.
"Anything said about security?"
III had security; l have the stock
of the cattle company"
ASKED whether Fall got any loans
except those in the name of the cat
tie company the witness replied:
"Nothing during the period you
speak Of"
"Was there any other?" asked Sem
ator Adams, Democrat, Colorado.
Loan In 1921
"There was loan to Fall in Jan
uary, 1921, Of $4,000. That was to
cover loans carried over from 1916
or 1917"
l"Were there any other records in
ydur bank of people connected with
Mr.. Fall showing any loans?" asked
Senator Dill, Democrat, Washington.
"Mr. Everhart had no account"
"Did you loan him through your
"He had an interest with us; he was
our manager in Colorado and New
Mexico"
"No loans to him in relation to
the Fall ranch? ?"
Nothing that I know Of"