Jasper County Democrat, Volume 12, Number 37, Rensselaer, Jasper County, 21 August 1909 — ANOTHER ARREST IN PERSCh CASE [ARTICLE]

ANOTHER ARREST IN PERSCh CASE

President of Big Brewing Company Is Held “IS JUST A VULGAR STEAL” This Is as Jerome Characterizes Case. Warrant Haa Been Issued For Discharged Loan Clerk Who Haa Made Himself Scarce—Authorities Will Try to Clear Up Statements Concerning Complicity of Others Higher Up In Finance. New York, Aug. 20. —Ripples from the big splash in the financial pool created by the arrest of Donald L. Persch, a note broker, on charges of grand larceny, continue to widen in spite of the fact that District Attorney Jerome haa pronounced the case “just a vulgar steal,” and has reached Charles Kata, president of the Eastern Brewing company of Brooklyn, whose name has hovered about the edges of the case from its inception. He was indicted by the grand jury for complicity in the alleged theft of 20,000 shares of copper stock, which disappeared from the custody of the Windsor Trust company with whom it had been deposited as collateral for a loan of $50,000 to M. M. Joyce, a broker, for F. Augustus Heinze. Another development was the Issuance of a warrant for Sterling Birmingham, the trust company’s discharged loan clerk, who is accused of having accepted a gratuity of $250 for putting the loan through. All the men arrested or Indicted thus far have been shown to be closely connected with Donald Persch, who is still a prisoner in the Tombs unable to raise the SSO 000 ball demanded. There remains to be cleared up one very essential point In the case, one that will determine whether or not Persch can make good his assertion that he acted for “a man higher up.”