OCR Text |
Show PAYING TELLER ADMITS GUILT Confession Clears Mystery of Robbery of Cedar Rapids National Bank. SETTLED LAND DEBTS Culprit Breaks Down When Confronted With New Evidence, Evi-dence, and Tells the Whole Story. Cedar Rapids, la., Aug. 11. Officials Offi-cials of the Cedar Rapids' National bank which was robbed a week ago today of ?20,000 and tho police announced an-nounced today that tho mystery of the robbery hod been cleared by tho confession of Loo Perrin, paying teller tel-ler of the bank, that he had taken tho monoy to settle dobts Incurred in land speculation. Perrin hns not been arrested and unless the Baltimore company which furnishes his bond, decides on prosecution, prose-cution, he may not be arrested. The bank officials have not Indicated any intention of taking action and on their course depends the course of the police. Of tho $20,070 taken from the bank ?10,000 has been recovered. The police po-lice says that $8000 was found sewed in a sofa pillow at the home of Per-rln's Per-rln's mother and that $2000 was turned turn-ed over by an attorney to whom the paying teller had given it as a retainer. re-tainer. No explanation has been made of the whereabouts of tho other $10,070. Perrin Breaks Down. I According to tho statement of the , bank officials and the police, a final attempt was made last night to break Perrln's story that he was confronted by a lone robber in the bank last Wednesday, forced to hand over the money at the point of a revolver and then locked in the vault. Kent C Ferman, cashier of the Cedar Rapids' National bank, Detective Michael Mc-Guire, Mc-Guire, of the city police force, and detectives from a national agency, Interviewed In-terviewed him. It was said that after Perrin had been confronted with new evidence he broke down and confessed. con-fessed. Salary Only $1500. He is said to have explained that his salary amounted to but 1500 a year while the interest on his debts amounting to about 21,000, reached $1200. Acting on directions of Perrin, Ferman Fer-man and detectives went to the home of his mother late last night and recovered re-covered $8000. The other $2000 was recovered this morning. It was rumored here today that an out of town man, a banker in a small Iowa city, had been Implicated by Perrin. nn |