The morning journal-courier., 1908-02-18
THIRD INDICTMENT
Banker Morse Accused of Per jury by Special Grand
 Jury.
BASED ON s5o,ooo LOAN
Morse Denied That Money Had Been Loaned and Later Corrected
 Testimony.

New York; Feb. 17.-The legal en- tanglements of Charles w. Morse, fo.- mer banker and promoter. are multi plying. A third indictment. alleging perjury by Mir. Morse during an ex- animation before the grand jury, was found by the special grand jury to- day short time after Mir. Morse had appeared in court to answer the two indictments. found against him last week, charging grand larceny. Ar rangements were made tonight to fore Justice Bowling. of the criminal branch of the supreme court, to plead to the perjury indictment. Another development in the case to-day was the serving on Philip l. Britt, counsel for Mir. Morse. with silmmonses in two actions brought against the former banker. The complaints in the suits have not yet been filed, but it was stated they were in connection with stock transactions that occurred some- time ago
 The appearance of the former bank CT in the criminal courts building early in the day was comparatively un- eventful. though he found awaiting him in the court room crowd that compared not unfavorably in size to those that collected at some of the re- cent sensational criminal trials If the financer was worried there was no indication of if in his manner. When arraigned before Justice Dow ling he pleaded not guilty through his counsel, and the latter then asked for two weeks time in which to examine the indictments and the minutes of the grand jury that returned them, The representative of the district thought that one week was enough, and Jus tcc Bowling. agreeing with this. set next Monday as the date for further hearing.
 After his return to his office. Mir. Morse's attorney Philip J. Britt made q statement concerning the transaction upon which the larceny ndctmen g rest He denied that there was any agreement between Mir. Morse and Nor gan J. O'Brien. that the notes which Judge O'Brien had given in payment | for stock of the Bank of North Ameri- ca which Morse sold him, should not be discounted, and said that the whole l transaction was entirely open and above board
 The perjury indictment. it was learn ed was based upon a loan secured in September last by E. R. Thomas from the Bank of North America, of which l Morse was vice president at the time 1 E. R Thomas, in testifying before the l special grand jury. told of the loan which was one of s5o.0o0 Alfred Ii Curtis. then president Of the bank, also testified to the fact that the loan had been made
 Mr Morse who had been before the grand jury. was then recalled and ask ed if such loan had been made It is stated that he denied that tho money had been loaned to Thomas either on his recommendation or with. out if Thomas was again summoned and this time, if is said, he produced a letter which Morse had written rec ommending the loan. Later Mr Nors, again appeared before the grand jury at his own request. and it Is said. stat
 cd that he desired to correct his test;
 mony. This he is said to have done
 in s manner so that it squared witt what had been learned from other wit.
 aesses
 It was pointed out, however. that the law is such that corrected testi.
 racny before a grand jury might bt taken as a basis for perjury charge.