The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1857-09-23

missioners Of the Sinking Fand foi
the purposes SC. forth In said reqnisi-
| tion. -- sasns..5 .se = . aoH sH7vss
WM. D. MORGAN,
| Auditor.
Extract from the Fourth semi. .sunnal Report oil
| the Commissioners of the Sinking FUND.-
To provide for the. payment of the
January interest, and to protect the
Siateifrom' unjust charges FER the pur-
| chase of fexchauge, the Commissioners
Of the. Sinking Fund met on the 26ih day
of November, 1858, and made the fol
lowing order
"WHEREAs, The practice fgrantine
the custody and use of the public money
to banking institutions is still persisted
in; and whereas, the State should not be
deprived of any i. cidental advantage
which may be possible to draw from
said practice so long as it may be tolera
ted, therefore be it F-
g Ordered, That arequisition be made
on the Auditor of State for his draft
on the Treasurer of State for an amount
of funds equal to the interest due in New
York on the first day of January, 1854,
Ou Tue lOTGIgU ucOG VI OuLO1 " OO AAoo''
payable to John G. Breslin, special agent
of the Commissioners of the Sinking
Fund for Immediately converting with
out premium) said amount of funds Be-
logging to the Treasury of Ohio into an
equal amoiiDt of bills of exchange pay
able in New York on the, 3lst day of
December, 1858, without grace.
Tn pursuance of the above, the follow
ing draft was procured from the Auditor
of State, and duly placed in the hands
of the Treasurer of State for execution
A1D'rIS Sarln.al Ss Sn.aFs s ossaa sssiis Ga52 R9
.--s.r5g 5Es Columbus, Nov. 2s, 1857
TREASURER OF STATE OF ONO: .-...
SIR: The Commissioners of the Sink
ing Fund have this day made the fol
lowing requisition on this office: i'
-3Els Office of the Com'rs otthe shaking Fand,l q
.- Columbus, November 90, 1853.
AUDITOR OF STATE:
iSir:: For the purpose of protecting
the State against unnecessary lssses in
the purchase of exchange for meeting
the j anuary interest on the foreign pub
lie debt of Ohio, youare hereby request
ed to issue your draft in favor of John
g., Breslin, Special Agent of the Com
missioners of the Sinking Fund, for the
sum of four hundred and forty one thoe-
sand six hundred and thirty five dollars
and tN cents, said sum to be applied
in the immediate purchase of bills of
exchange on New York, payable on the
3rst day of December, 1853, without
grace, and free of cost to the State.
For which this draft shall be your
warrant. s~. --
(Sigued) VIM. D. MORGAN,
Auditor of State,
sex @ -aFsf - WIN. TREVITT,
l4v1 ssfi-uH-e Secretary of State,
.sr Com'rs of the Sinking Fund
In pursuance of the above requisition,
l hereby issue this my draft on the
Treasurer of State of Ohio, for the sum
of four hundred and forty-one thousand
six hundred and thirty-fve dollars and
two cents, payable to John G. Breslin,
special agent Of the Comm issioners of the
Sinking Fund, for the purpose set forth
in said requisition
(Signed) VIM. D. MORGAN,
a.- r9 a5t eHszsg Auditor
SAL, ,6s5 OF. "a sia
Proceedings in all respects similar in
tenor and purpose with the above, were
had by the Commissioners for the pro-
eurement of exchange for the payment
of the interest due in New York on the
lst days of JANUARY and July, 1855
The adoption of these orders has for the
time being effectually protected the State
against the unjust practice of granting
to Banks the uso of the pub ic money,
and yet Withholding from it any share of
the resulting advantages.
Extract from the Fifth semi-AnnuaI Report ofthe
Commissioners ofthe Sinking Fund.
In view of the fact that the practice of
granting the custody and use of the pub
lie money to banking Institutions is still
persisted in by the Treasurer of State,
the Commissioners met on the 9th day
of May, and for the purpose of prevent
ing the State from being stripped of Ill
incidental advantage resulting from said
practice 50 long as it is tolerated, said |
Commissioners made the following or
der: - r. ~ Es3s5 O. ssu Is s7lp b |
'Ordered, That a. requisition be now
made on the Auditor of State for hi::
draft on the Treasurer of State for an .
amount of funds equal to the interest
due in New York on the lst day of July,
1854, on the Foreigu>Dsbt of Ohio to
be made payable to John G. Breslin,
Special Agent of the Commissioners of
The sinking Fund, for Immediately con
Verting without premium) said amount
Of funds belonging to the Treasurer of
Ohio into an equal amount of bills of
payable in New York on the T
lst day of June, 1854, without grace y
In pursuance of the above, the fol-
owing draft was procured from the Au-
litor Of State, and duly placed in the
lands ofthe Treasurer of State for e8ecu-
ion -se.fs zrfzs IA .se [,
AUbroR STATES OFFICE, ONO, J. 4
DEPARTMENT Of Public Works,
Columbus; May 9, 1854.
OF STATE OF Ono:
Sir. The Commissioners of the Sink
ng Fund have this day made the follow =
,g requisition on this office: II
once Of co4nissio,srs Of sinking F,lnd,, /
sTaas Columbus, Ohio May 9, 1854. n
AUDITOR OF STATE, ~, 4....s.t. t..zs. lf
Sir:: For the purpose of protecting 4
he State against Unnecessary losses in 4
he purchase of exchange for meeting the o
uly siRteresteon the foreign public debt
Ohio, you are hereby requested to a
sue your draft in, favor of John G b
'reslin, Special Agent of the Commits Y
oners of the Sinking F,1nd for the ri