The Bridgeport evening farmer., 1910-03-19
GLASNER ARRESTED:
 USURY CHARGED
Fairfield Carpenter Claims that He Borrowed $2OO and. Was Required By Ac- cused to Give Note for $3O0EDenia1 By Accused, Who Says He Will Ex- plain All.

Frank GIasner, tine reputed pro- prietor of the Independent Loan & Security Co.,, was arrested this after noon at tie offices of the loan com pany. Beers building, 991 Broad street, opposite the city hall, on a warrant issued by Assistant Prosecut- ing. Attorney Redden charging him
 Glasner went to police headquart- CTS with Detective Sergeant Cronan at o'clock, first telephoning his arrived a few minutes after the de- tective and his prisoner, and furnish ed bonds of $1 ,0O0 for the release of the accused.
 John Sirlo, a carpenter of Fair field, is the complaining witness. He told his story to Prosecutor Redden the investigation that followed, the warrant was issued today. Glasner Ia ugf1s at the idea of his being prose misunderstanding. He claims to have bought a piece of property from Sir ko and sold it back. at an advanced figure. The allegation that he took is not true, he claims.
 The penalty provided for the of fence charged against Glasner is fine of not more than $1,000 or a jail sentence of not more than six months or both.
 The warrant charges that G1asner
 
 loan to one John Sirko the sum of $2o0 and did then and there unlawfully and feloniohsly charge the said John Sirko interest therefor at rate great CT than 15 per cent, per annum to wit, at the rate of 65 per cent per dnnuf, there being no bona ffde mortgage ity for said loan, against the peace and contrary to the form of the sta tue in such cases provided.
 And the said Prosecuting Attorney r4>.f1a iFaf a said day Frank Glasner with force and arms did loan to one John Sfrko the sum of $200 and did then and there un1awfully and feloniously accept two notes for a greater amount than the sum of $200 so actually loaned to wit for the sum of $500 one of said notes for S100 with the intent then and there to evade the provisions of. Section of Chapter 238 of the Public Acts Of 1907 against the peace and contrary to the form of the statue in such cases provided.
 And the said Prosecuting Attorney further informs that at said city on said day said Frank Glasner did with force and arms loan to one John Sirko the sum of $200 and did then and there unlawfully and feloniousiy charge the said John Sirko with the expense of inQuiring into the hnan- cial responsibility of said John Slrko the sum of $25 and did charge that said John Sirko interest on said loan at the rate of 65 per cent. per an mum and the total amount of said charges and of the Interest agreed to be paid on said loan during the year from said July 30 did exceed the sum of 15sper cent. on said loan, there being no bona fde mortgage of real or personal property as security for said loan.
 Assistant Prosecutor Redden, who is sued the warrant. says he wants to drive the loan sharks outs of business. Recently as a result of evidence 'ob- tained throueh Redden and the po- lice, Gersson Eff. a Water street mer- chant, was fined in the city court for taxing illegal interest. Redden will not divulge the extent of evidence he has secured eainst G1asner. but he says he is confident the testimony will be a revelation to many who are not familiar with the sharp practices re- sorted to bv money lenders.