New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-08-17
ooN1LD L. PERSCH AND
ID. z. 1D4MS NAMED.
c,,,rpg Birmingham Pays Visit to
n;strict attorney and Talks of
Engaging Counsel.

siar Va % u,b ~ collateral al the offices Of the
SloV" rr,st Company on August p Donald
N',os. o--scb the young man who says that he
= F'..s' TOOL by ''men higher up" is named
bo,h indictments
1.,be first Indictment Persch is charged with
-.orr of Joyce's collateral In the second
rsmed with A. u. F. Adams. Of Boston.
s,mrar charge. based on the transaction
.aich il is said. the Eclipse Oil stock Of J.
...rett If Boston given as collateral for
..a.o ,oan. vas thrown on the market.
e. ,,sictnents were filed with Judge Null
General Sessions. and he issued bench
-, for 5he arrest Of Adams Persch, being
-, uoynbs in default OF S5oOoo bail, probably
n - srraigned this morning. II is said 10 be
| ,,.ls that other indictments viii be filed to-
psrsch. who appears 10 have resigned himself
ne routine OF life in the Tombs. is said 10
=. sgned rwo orders acting under which John
/ sbsrwood SAYS he got the stock Joyce sur
..ssrsd in the Offices Of the trust company on
-.snt of $500 and sold il. With Adams
xas implicated by Cram. Mulliken & Co. IN
4. han Of 5000 obtained for their client, J.
Everett. Of Boston. on $1,000 worth Of
gapse OIL stock.
| NJ Everetts brokers' are said 10 have stipu-
,,ss as Joyce dd, that his collateral should be
| ..r intact until the maturity OF the loan. but
=. afternoon the deal went through they re-
res word from Boston that some of the
rok tad been offered fer sale on the curb in
tat city.
USE OF EVERETT STOCK
prsch received the collateral from A. A. Reilly.
nam Muliker & Co.'S representative. on his
allration that he represented Henry +. Ris-
kssgh Of PHILADELPHIA The stock was traced
IL next day 70 Boston Adams had had deal
ags with F. Augustus Heinze. who controls the
es,sr companies whose stock was put up by
lyes as collateral for his $4,000 lean.
he nan who was introduced to Reilly by
Pss.h in the Eclipse OH transaction as Henry
FRsbrOugh according TO afIidavits made by his
ratrss bears a strong likeness 10 the decrip-
fn Of Adams given by men who know the
i Bam hnancier.
There were n other witnesses before the grand
a jy yesterday. but il is likely that several will
I y examined to-day. among them some OF the Of
1 taals Of the Windsor Trust Company. Sterling
amhsham the head Of the Windsors bond de-
ErmsHt who was discharged from the COM
i Enys service for accepting $3.50 as present
N he Force loan transaction paid "A visit 20 the
Z pEad Attorneys Office yesterday. as did Mr..
.n
smingham il is understood. said he intended
= Nmin counsel IN view Of any possible pro-
aaangs being taken against him. but il is
y thought that he wiz be indicted Under
scn 4Ss q the Penal Code. II it were shown
"a Birmingham acted on his own authority
Nj the understanding that he was 20 be re-
vudei FOR his part in putting the loan through.
y could be charged with misdemeanor. the
lszlV for which is a fine Of not less than SO
e. hg more than $500 or fine and imprison-
-sa o. not more than a year.
FIGHT TO REDUCE BAIL.
Ehe Persch is arraigned on the indictments
r expected that a determined effort VIII be
-s5e ty his counsel John F. Mcintyre. TO
asl reduction Of bail. which probably will
vigorously opposed by the District Attorneys
-, IN view Of she value Of the collateral
mn Persch is charged with having fraudu-
MY got hold of-Sl95.OoO.
10 Information In regard 10 the investigation
niA The trust company has been conducting
70 he Joyce loan was forthcoming at its
Y ~ts Yesterday. The results will be laid before
nsetng this morning Of the executive COM
aat Of the board of directors. at which IL is
a'sSiec statement viii be issued supplement-
ne one q Saturday announcing the dis
-ssal q Birmingham
a the District Attorney and the board Of
.sc'eFs Of the trust company are both working
81 al the bottom Of the transaction nothing
- q done for the present az least by the
'-e Banking Department
"e's The threads in the mystery Of the Joyce
&. nas not been entirely untangled. evidence is
nave been given 20 the District Attorney
sAss transactions which bear in many re-
- marked resembances 10 the Joyce and
i''eii deals
EXAMINATION IN TOMBS.
.''norow morning Persch viii be subjected
: examination in the Tombs before James ].
-e'b as referee, 10 md out whether he has
Aohey te meet judgment OF 1864 Il which
~'ained against him in September by Paul
:. @'ch Tor failure 20 meet promissory note for
,'s-osy Mr. Ko,hs lawyers will examine John
sherwood 20 find cut whether he has any
- oeionging TO Persch which may be at
- % meet the judgment Leonard j. Field
assistant District Attorney Mott that
- 80 siO"o ready for Sherwood whenever he
a-. aeinand 1t. and Sherwood when first
60 Dy the District Attorney. thought this
= was for Persch
was served at No "a Broadway, In
a.. ~ of Leonard J. Field q Co Mr. Koch
is.a Ns win his lawyer 10 the Tombs. where
tta " SERVED. Persch gave a nod of recog-
0h and took the papers with a smile.
ksD,h ray Persch and Edward l.. Ris-
- ma S-'o from him in August. when
sss g. 10 sell stock OF a Mexican com
iced "a On commission. lie says he adj
'1ses :. "'hey In commissions. plus the ex-
sss u.. 'eh-aay trip TO Atlanta. The day
la ,sv. we're supposed 10 have departed
Nap<lss e round Persch I'm his Office and
nm 70 sign the promissory note.
asr. 9'NHTs JAIL FIRE; BURNED
asrs. W Va. Aug. Is-John r.. johnson
ne ,su flos, prisoners In the Kanan ha
hfs star. probably fatally burned tonight