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PEARMAIN & BROOKS - ASK EOR RECEIVER Head of Boston Firm Member of N. Y. Stock Exchange. Special Despatch to THE SUN. HOSTON, March 3.-Pearmain & Brooks, one of the oldest banking and brokerage houses here, with offices at 53 State street, voluntarily applied to the United States Court for a receiver today. A hearing will ba held to-morrow. The senior member, Sumner B. Pearmain. is vice-president of the Boston Exchange. although he submitted his resignation to-day. He also is a member of the New York Stock exchange. That irregularities by a former employee caused the firm to lose a large sum of money was the statement made to-night by Homer Albers, the firm's counsel. The petition follows closely on the filing by the Arm of a civil suit against. J. J. Kerwin. former bookkeeper, the amount mentioned being $70,000. The suit was begun by trustee process, attaching whatever Kerwin. might have in two local brokerage concerns. The question of further steps, It was indicated, would await the taking charge of the firm's affairs by the receiver
