New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-10-28
PERRY'S BANK SOLD.
E55Gence Which Caused Suspicious
Made Public.

Chicago Oct 27-The purchase % the National
Bank OF North Ameries hy tho Continental National
Bank was announced last night after a meeting
q ths directors or both institutions and is effective
At once. This action the climax TO the
charges connecting President Isaae y. Perry OF
the Bank OF North America with the burning OF the
Chicago Car ana Locomotive Company works 81
Esegewisch October 9.
The directors Of PeTry's hank had been in session
almost continuously since Monday considering the
destinations against their president, and while they
expressed confidence IN Mr.. PerTy's integrity and
were willing accept HIS statement that the
charges against him had keen made by his enemies
ghe fear that fhe publicity given the case might
have an injurious effect The bank s said 70 have
led 20 the negotiations which ended In the merger
Early to-day the directors OF the North American
gave the resignation OF President Perry. which
they had refused 10 accept.
Important evidence OF ineendiaTism in connection
with the Chicago Car and Locomotive Works hre
"a IN the hands Of Corporation Counsel TOlman
II developed to-day that Mr. Perry has filed with
the insurance companies claim for any portion
OF the N72O0o insurance carried on the Hegewiseh
plant
The evidence given before Fire Attorney johnson
and made public to-day contains testimony from
Frank Book engineer OF the Chicago Car and Loco
motive Works and from l. H. Baldwin former
president OF the company Baldwin. according TO
the evidence. said that Perry had applied for in
creased insurance, greatly overEtating the actual
value OF the plant. The engineer testified that
Baldwin had told him OF this and repeatedly warned
him TO be on his guard.
Books testimony recIted that Perry had psremp-
toriy ordered combustible materials. such as cars
TO be stored among the buildings Of the plant
which were Of such construction and so separated
that IRE would scarcely have spread from one 10
another without intervening cOmbustble matter.
Friday Saturday, according 20 the ensineef'
Perry ordered all brought in among the build
ings so that one could get into them sun
day when Perry called at the plant. Book sick.
Go homel You're In bad shape said Perry to
Book according to the evidence; but Book. recall
ing BaldWin's warnings. went through the plant
with his employer.
We'll, I've only little figuring 10 10 now.
Perry b alleged TO have said You go on to the
doctor and get headache powder ana II meet ase
YOU ~ ue siAuoN. nhsn DUR lE4eNSu =, -. ~
TlRnf he searched through buildings and finally
ss s a S0 PsrEy ON tse6 on took his ar and they
went into q saloon and had each a glass Of beer.
They walked over 10 the station. according 10
Books further testimony, and presently the train
which Perry was % take drew up Perry Is said
Il stood looking after the train. however. Book
Is reported to have testified. and before II was
tie rear car apparently looking toward the plant.
waved his hand 10 me ana went back into the car.
started back to the plant had gone only ttle
building. J ran all the way TO the plant but the
Book also told Of an experience with Perry the
day before the FIRE. and in j the fire authorities
Perry Is alleged to have brought in the time fuses
found IN the building. The fact that Perry carried
20 satchel on his Sunday visits had proved baf-
Perry and ! had been down AT the further end
Of the plant" testified Book and clothes
were covered with burrs. While We were picking.
coat and hung IL on the fence I finished getting
he burrs Of myself first and then turned to pick
Was packet hard ana rather heavy Az The Zap
Ess pinned with two safety pins Scarcely had
and hurHedly took It from me"