Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-11

Cedar Rapids, Au8. 11.-OInCAsAO VI
the Cedar Rapids National Bank. which
was robbed week ago today OF $2o.o7o.
announced today that the mystery OF
the robbery had been cleared by the
confession Of Leo Perrin. the paying
teller. who said he had taken the money
to settle debts in land speculattons.
Perrin has not been arrested and
unless the Baltimore company who
furnishes his bond decides on prosecu-
ton. he may not be arrested.
.rhe hank has decided to take no
action n preeent, and on their course
depends the course Of the police.
$4,000 Of Sum Rseovered.
Of me s20,070 taken from the bank,
$50 900 has been recovered. The police
aav that $1,000 was found sewed IN a
aofa pillow at tie home Of Perrin's
mother, and that $1,000 was turned over
~ an attorney to whom Perrin had
given It a. q retainer.
Accordinx to the bank authorities and
he peliee, : fnal attempt last night to
bfeak Perrin,s story that he was en-
countefsd by lone fobber. forced to
hand over the money at the point OF .
ands then locked in the vault.
d .Jhlr1 Degree Strings Story.
III .1Isss y5er.rin oonfeased 70 Glenn NJ. Aver
IN. vico president, Kent G. Ferman.
cashier Of the Cedar Rapids Ma
fional Bank, Detective Michael Nc
CURE. OF the city police force. and
detectives from ., national agency.
interviewed him. It was said that
after Perrin had been confronted
with new evidence. he broke down and
confessed. He II said to have explained
that lis salary amounted to but $500
. \ year, wisiie the interest o. Ills debts
amounting to about $4,000. reached
about $1.aoo.
Attornoy Joe Donnelly, who was re-
tained by Perrin several days ago.
handed In 81. 900 1t the bank this morn
ing, this amount having been given him
by Perrin yesterday afternoon and de-.
posted in the Central State Bank. Per-
rim told Donnelly that this $4,000 had
been given him by q Jim Kadghin. Of
Chicago, who offered 1t to him as use
for bail should he be arrested. The
authorities will look up Kadghin, or at
least ascertain whether there IL such a
man.
$1,000 Still Missing.
Acting on directions Of Perrin.
Cashier Ferman and the detectives
vent to the home Of Perrin's mother
late last night and recovered $4,000. The
other $4,000 was recovered this morning.
No explanation has been given Of the
xhereabouts Of the balance Of $1o.o7o.
It was rumored hero today that an
out -of town man, banker In small
Iowa city, had been implicated by Per-
perrIn's Robbery Yarn.
The robbery Of tho bank became
known early last Wednesday when Per-
rim was found locked in the vault He
was released and taken to hospital in
an apparently hysterical condition.
There he told his story Of the robbery.
He had gone to the bank at $3.50 q. m.
hn said. to get out currency shipments
for banks In neighboring towns. He had
Just opened the outer doors Of the
bank, he said, when robber con-
fronted him with revolver and Or
dered him to open the inner doors. Per-
rim complied. he said. and the robber.
aftsr helping himself to several bundles
OF the currency slammed the door,
locking him iq.
With Bank Many Years.
Last Friday Perrin went to Chicago
With detectives to help them identify
tho photographs Of = man to whom
suspicinn Of the robbery pointed.
Ralph Van Vechtsn, vice president of
the Continsntal and Commercial Ma
tlonal Bank Of Chicago. = president
Of the Cedar Rapids Gauonai Bank.
Perrin who = 30 years old and married.