Dayton Bank & Trust

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Want to know

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#1
Apr 30, 2010
 

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What's the real story on why the Dayton Bank & Trust failed?

My memory is that a bunch of dummy corporations were set up and loans made to those dummy corporations, which of course were never repaid.

I do remember Ronnie Raper was at least a player, although maybe not the main one, in the Bank's downfall.

Why did nobody go to jail and who were the other players in the bank's downfall?
just wondering

Seymour, TN

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#2
Apr 30, 2010
 

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Great question. Another good question is why was one of those "players" aka "crooks even allowed to submit a petition to run for anything except the border? Also, why was such player/crook continually promote and always given a cushie job at Dayton city? Answer those questions and we may see Ronnie was a much bigger player than he made people think. Didn't he have a brother that hung himself years ago over that and old Ronnie himself nearly had a nervous breakdown?

And to think after this time he struts around like a peacock? Maybe we need a "Who is the REAL Ronnie Raper" topic started here. I would like to know the city hired good workers that served the city rather than Jake Butcher pawns in a money pit chess game.
Clueless

Cleveland, TN

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#3
May 1, 2010
 
Man, that was a long time ago. I remember banking at Dayton Bank and Trust. Did it go under or get bought out by someone else during the Butcher Brother's ordeal?
Ridge Runner

Knoxville, TN

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#4
May 23, 2011
 

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The bank had problem showing where 6 million in capital came from. ie Look Out Banana. Many deals were done by the good old boy network and had very little documentation. As it turned out the vast majority were atually sound except Dave Roller former MN Viking Football player's house.
I worked in federal enforcement and banked their when they closed. I was getting a higher security clearance the week it closed. It was interesting.

Since: Jun 09

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#5
Sep 20, 2011
 

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This very topic is already being studied and archived. Visits by volunteers have already been to the Chattanooga Bicentennial library and another group is set to go research the archives at the library at UTC in Knoxville. Also, federal bankruptcy records are being gathered in Atlanta, GA and everything is hoped to be reduced down so that that ANY alleged involvement that Rhea County Commissioner/Dayton City employee had with the Butcher Banking Scandal will be published in booklet form and made available for free to voters of his district. The voters that have voted in the last two elections where Raper won his district election will be each mailed a copy with other copies available upon request. Now is the time that everyone start getting candidates in line. It is a mission to expose Raper and any involvement he had with C.H. Butcher and his brother Jake. From what is understood, this goes back to the Clyde Roddy - City Manager days as well.

Since: Feb 08

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#6
Sep 20, 2011
 
@ Devilman, I vaguely remember all this but I don't know if the Butcher Bros. had anything to do with the old Dayton bank. Include Jake E. Cantrell in your searching because I think he owned the bank and not the Butchers. Either way, I don't know but will sure help you find out :)
dan

Chattanooga, TN

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#7
Sep 20, 2011
 

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I think the Butchers were with First Bank.Jake Cantrell was one of the crooks at the old Dayton Bank.
Cash

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#8
Sep 20, 2011
 

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Wasn't Vicki Rice Morgan, daughter of Wallace and Alma Rice, wife of Leeroy Morgan and sister of Lawanda Gravett (Stan's wife) in that bank scheme. She did about 6 months for what she did.
blah blah

Dayton, TN

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#9
Oct 12, 2011
 

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Want to know wrote:
What's the real story on why the Dayton Bank & Trust failed?
My memory is that a bunch of dummy corporations were set up and loans made to those dummy corporations, which of course were never repaid.
I do remember Ronnie Raper was at least a player, although maybe not the main one, in the Bank's downfall.
Why did nobody go to jail and who were the other players in the bank's downfall?
GET A F..KING LIFE .......... STOP WORRING ABOUT OTHRS! WOW.
wtf

Cleveland, TN

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#10
Oct 12, 2011
 

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why would you tell someone to get a f---ing life when a whole group of people lost all their savings forcing the feds to take the bank over while at the same time Raper snitches everyone out while crying (ask phoebe frazier) where he along with the crook cantrells gave big loans to area people who got rich and are even richer today? what was rapers reward for not ratting out a few local people? was it a job without a job description at the city? this goes much deeper than most can even think. you are probably the offspring of one of the f---ing crooks in the circle and wish all this would never be talked of, if i were you i to would want every one else to not say a word and pick at an old scab that never healed but is just covered up. so to anytone out there old enough that knows like others of us that do please tell about it. let people know how these people are connected almost like an organized crime family. Cantrell had to pay but he was a big fish. Raper as usual sucked his way out of it.
ernie

Chattanooga, TN

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#11
Oct 12, 2011
 
Cantrell also did a fraudulent loan job in Cummins Georgia.
LIKITALWAYSIS

Cleveland, TN

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#12
Oct 12, 2011
 
Cash wrote:
Wasn't Vicki Rice Morgan, daughter of Wallace and Alma Rice, wife of Leeroy Morgan and sister of Lawanda Gravett (Stan's wife) in that bank scheme. She did about 6 months for what she did.
People who KNOW about this say she was set up by a well known,now dead "CROOK"(_??_)and was innocent. I tend to agree but can't substantiate.
ernie

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#13
Oct 13, 2011
 
I agree.I think she was the fall guy.
FLA

Chattanooga, TN

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#14
Oct 14, 2011
 
Raper is spineless. He nauseates me.
Hank Parker

Kingsport, TN

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#15
Oct 14, 2011
 

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