The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-04-20
BLAME WINDSOR TRUST co.
HINT Also OF TROUBLE ron
LEONARD y. FIELD.

Perseh Presented % tlse Jury ny nls C0un-
ssi 10 Nero DuDe m the rrAnsaetiea
N Whlrh Joyce Was nSbbed 90 the
seOeaSs Ho mnd Pledged GOr . Loan.
L. J. Field Of L. J. Field a Co.. q son OF
Jacob Field. n was lntimaeed yesterday
afternoon by Assistant District Attorney
Mott. will be called on 60 answer for his
part In the deal by which IL 10 alleged
Matthew N. Joyce was robbed Of $4,000
Of Heinze stocks which he had pledged a.
security for a loan OF $4,000 that he
thought was being made by the Windsor
Trust Company.
In summing up In the case 81 Donald
PerHch. on trial for the last ten days In
the Supreme Court. charged with the lar
ceny Of the stocks. Mr.. Mott said that not
until John r. Sherwood went on the
the witness stand did he know that l.. }
Field had advaNceed the money for the
loan and that Field had got $4,000 for the
use Of the $50, 600 for two days. Mr.. Mott
said that all last summer Sherwood had
shielded Field and had not let a breath
OF suspicion rest upon him.
Don't doubt for a moment said Mr.
Nott. that W. will get at all the men
who had anything 20 do with this transact
ton
Both Mr.. Mott and John =. McIntyre.
oounsel for Persch while summing up
roasted the Windsor Trust Company for
the part 10 played In clearing the loan.
The most reprehensible part PLAYED
In this Transaction a. developed in the
trial was that played by the Windsor
Trust Company. q great moncyed IN
stitution. that aided and abettsd q crook
like Walter L. Clark said Mcintyre. i
think that the testimony would Justify
the Superintendent Of Banking In asking
tho Attorney-General to consider the
revocation Of the charter of an institution
that consented 10 enter into a game 81
Juggling. IA violation 81 the State Law and
the confidence Of the people. The sooner
it II closed the better
MIR Mclntyre maintained that Persch
had nothing To do with the theft of the
stocks; that he was not IN the officee of
the Windsor Trust Company at any time.
and that he was a mere tool and dupe
The orderH for the sale and deivery
81 the stock signed by Psrpch, Mcintyre
said. we're signed after the stock had been
Aold and we're dictated by l.. J. Field
TO be signed by the consummate ass"
Mcintyre was defending.
The arch conHplrntorS. said MCINTYRE,
were the Windsor Trust. Walter l.. Clark
and l.. j Field. All the others were durrs
Mr.. Mott said that he would not be
second to Mcintyre in scoring the methods
OF the Windsor Trust Company and IN"
cheap business 10 had done IN acc"ptng
81 $40 for the clearing Of the loan
Whether or not the officia II ~ thu company
knew that Sherwood had NO right to take
aWav the stocks. u was passing stranRy
that ther" was no suspicion aroused when
no came To- the trust companv with So OsD
IN cash To get them
Mr. Not' told the jury that the way 10
get at the men higher up and 10 protect
the business men ~ the community was
not 10 let Per-Ch 60 n would put
premium on Crim" and rnaAc husins.=-
unsafe To ut the little ONES 90 only en-
dangersd the chances 81 con victIug he
hig ones The jury will get the ca - TINS
morning charles katz will b. tn. newt
'lan tired