Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-08-16
CEDAR RAPIDS NATIONAL TO
REALIZE ON PERKINS,
HOLDINGS.
soNplNo COMPANY OUT
LUMP SUM OF 5000
Bank Probably Will Have to Mako
Coed shortage Of 92.17o- Mother to
% Asked 20 Return $4,000 Which
Perrin Gave Her 20 Pay or Mort.
cage on Hems-psrrin Still in Jail.

Indications arc that the Cedar Rapids
National Bank will be able to recover
within a short time $4,000 Of the $780,
90 taken from the bank by Leo Per-
rim, the former paying teller This will
leave 1910 yet to be recovered on the
shortage. and It is thought that Per-
rims real estate holdings will be found
worth considerably moro than that
amount. Perrin, however. would be
obliged to pay over $7.17o before his
defalcation would be made good.
Perrin was bonded as paying teller
for $4,000. the bond being Furnished
by the Fidelity & Deposit Company Of
Maryland. This company WILL of
course be obliged to pay this amount
to tho bank, and It Is believed that
Perrin's punishment will depend large
ly on whether he can raise this amount
before he 10 brought into court In
Marion next month.
Paid on Mortgage.
Perrin had paid of mortgage OF
1000 on the home Of his mother, Mrs.
Mary Perrin, 200 Second avenue west.
Mrs. Perrin will probably mortgage
her home again, and return the money
to the bank as Perrin has admitted
that the mortgage was paid with
money no had stolen.
About one year ago Perrin purchas-
ed twenty shares Of stock in an in
surance company. The stock at that
time was selling at $50 share. and
Perrin paid 500 down and was to pay
the rest in installments, together with
the interest. This stock is good, and
ono local man said today that he
would pay 5000 for Perrin's holdings
Figuring the $4,000 to be paid by the
bonding company. $4,000 returned by
his mother and 5000 for the Insurance
stock, makes total Of $1,000. which
the bank can probably obtain at once,
Detective Mcclure recovered $10, 900,
including the $4,000 found In a sofa
pillow in the home of Perhn's mother,
and $4,000 which Perrin had given At
torney Donnelly as a cash bond in case
he wa sarrested
$2,170 40 Banks Loss.
This would leave only 32.170 which
the bank will actually lose thru Per-
rims thefts, and there Is little question
but that Perrin has sufficient property
to realize moro than this amount. The
two and one-half acres Of land on
johnson 6VOnuc, WINCH IS1TA puA
chased about six years ago on the In
sstallment plan. has been increasing ir
value rapidly and is worth at least ST.
500 at present.
In order to make his shortage good
however. Perrin VIII be Obliged to pay
the bonding company $4,000, in addi-
ton to the $2.17o still due the bank
He will be unable to do this immedi-
ately unless some Of his friends come
TO his relief as his Yather-1n-law, on
whom Perrin has been depending t.
Sign his bond. Is said to be unable IL
nancially to lend Perrin that amount
Curious Kept Out.
Perrin IL resting quietly in the city
jsa.::!!, end apparently takes fds predica-
ment philosophically. A number OF
persons, most Of whom are believed to
be actuated by curiosity, have called
at the city jail to see him, but only In
one or two cases have they been sue
ceesful. At Perrin's request he Is al
ways consulted before anyone Is adj
nnitted to the jail TO see him. and when
4 visitor calls one Of tho policemen
ask. the prisoner II he cares to see
him. With two exceptfons-once when
his mother called and once when one
OF his nefghbors asked to see the prds-
oner. Perin's answer has been mo.
Wishes 20 Sec No One.
.'If anyone calls with the Intention Of
helping me out I would Of course be