After attending the University of Tennessee and Hiwassee College, Jake Butcher served in the United States Marine Corps.
By 1974, the Butcher brothers owned or controlled eight banks, and Jake Butcher's United American Bank controlled 39% of the banking reserves in Knoxville, Tennessee.
By the early 1970s, Jake Butcher became a topic of discussion in Tennessee political circles.
Jake Butcher pled guilty to Federal charges of bank fraud in 1985 and was given a 20-year prison term.
In 1982 Tyree ran for Governor with support from Jake Butcher.
Butcher's brother, Jake Butcher, was head of the United American Bank, which had built the First Tennessee Plaza in the late-1970s.
Jake Butcher, who ran unsuccessfully for Governor of Tennessee in 1974 and in 1978, was listed as an unindicted co-conspirator in the Ford indictment.
In 1978, Mr. Ford, who was first elected in 1974, had endorsed Jake Butcher in his unsuccessful gubernatorial bid.
The loans came from Jake Butcher and C .
Finally a light came on as Jake Butcher, one of the old-timers, scratched his head and said, "Hell, that's me."