First National Bank of Jefferson Parish organization

“Smith is listed in the 1985 Comptroller's Report as well as part owner of First National Bank of Jefferson Parish in Louisiana, where Beebe, Anderson, and others owned $1.6 million in debitors for the bank's parent corporation and held warr…”

“Smith is listed in the 1985 Comptroller's Report as well as part owner of First National Bank of Jefferson Parish in Louisiana, where Beebe, Anderson, and others owned $1.6 million in debitors for the bank's parent corporation and held warr…”

“Robert Clark, the former comptroller of the currency, was also involved in the bank with his brother-in-law, Kent Anderson, who was an allied bank officer. So the guy that's supposed to be watching over all of this is in bed with it. Clark …”

“As late as 1985, Clark had an outstanding loan for $250,000 at the bank. Gerald Smith and Michener go back to at least the 1960s when Michener bought one of his first banks, Continental Bank, where Smith was working. Smith had been a former…”

“In addition, the 1985 Comptroller of the Currency report on Beebe listed Allied Lakewood Bank, an Allied member bank in Dallas, as being controlled by Beebe and his associates. Beebe's primary contact at Allied was a man named Gerald Smith,…”

“of Jefferson Parish in Louisiana, where Beebe, Anderson, and others owned $1.6 million in debitors for the bank's parent corporation and held warrants to buy 14% of the stock. As noted, Robert Clark, the former comptroller of the currency, …”

“who was an allied bank officer. So the guy that's supposed to be watching over all of this is in bed with it. Clark was a shareholder in the bank with stock holdings up to $100,000 and also received at least $5,000 in legal fees from the ba…”