General Manager Charged in Connexion with Flotation of Kindred Company Paris, Feb. 23.
M. Pernotte, General Manager of the Banque Industrielle de Chine, has been arrested and conveyed to the Santo Prison.
M. Pernotte was arrested in connexion with a charge made by a Paris engineer to the Seine Pri-burial regarding operations in which M. Pernotte was concerned in connexion with the issue last year of the shares of the Chemical Products Company, the whole of which were taken up by the Banque Industrielle. The shares at once rose 450 per cent., but the premium subsequently relapsed.
Text read from the printed page and cleaned; old type leaves the occasional error.