WARDER REFUSES TO WAIVE IMMUNITY; GOT FERRARI GIFTS; Banker Paid Month's Rent and Bought Furnishings for State Official, It Is Testified. INSPECTION WAS DELAYED Examination of the Ferrari Institution Was Held Up for Six Months. MANCUSO LOAN ON BOOKS But Judge Denies He or Father Borrowed From Bank or That He Received $7,000 Salary. Refuses to Waive Immunity. WARDER REFUSES TO WAIVE IMMUNITY Broderick First Witness. Says Warder Held Up Examination. Mancuso Item Questioned. Sixty Per Cent of Loans Questioned. Directors' Prudence Questioned. "Time Ripe to Clean House." Warder Interrupts. Dr. Giannini on the Stand. Rent Check in Evidence. Furniture in Warder Home.
Warder refuses to waive immunity at hearing; hears his former chief examiner testify that he delayed semi-annual examination of Ferrari's banking enterprises, that he failed to take Steps when examiners' rept showed 22 violations of banking laws and that Ferrari paid his rent, bought his furniture and daughter's car; Giannini testifies; Warder subpoenaed for Lancia Motors of Amer Inc hearing