The Tiffin tribune. [volume] (Tiffin, Ohio) 1848-1859, 1858-06-18

the same, ia the appropriate book kept
Tor that purpose, aud Gle the same in his
office, as his voucher for so much money
paid ont, and shall credit himself with
the amount Of the warrant paid, on bis
account against the particular fund ap.
Ipropriated, aud for which no has cherg-
ed himself as herein provided, so as 10
keep an exact debit and credit account Of
each particular fund in his Office.
Sec. z. The comptroller Of the treas.
ury shall have charge Of the bank depart.
nient in the auditor Of states Office, and
shall do aud perform al and every duty
now or hereafter devolved by law upon
the office 10 regard to banksi and shall
annually make his repor, to the suditor
Of state, to be b him included In bis an.
iiual report
Sec s. The certificates Of the funde
debt Of the state Of Ohio, or of any other
state, or Of the United States, deposited
with and transferred 20 tho treasurer of
state, to secure tho circulation Of bank
nUtes under tho provisions Of the act en-
titled, "An act to incorporate the state
bank of Ohio, and other bankiu GONNA
nies. passed February "a. l8l5, and the
like certificates transferred tu and depos.
tied with the auditor OF state, rs security
Tor circulation under the provisions Of an
act eutilled can act to authorize free
banking" passed March 81, 1851, shall
hereafter be held aud kept in the treasu.
ry Of the state Of Ohio, as a part Of the
securities belonging TO the state; aud
Whenever, in order to redeem any Of the
circulation Of any Of said banks. it shall
be necessary to sell any part of such Sc.
curities. the commissioners Of the sink.
ing lund shall convert the same into mon.
ey. AMI pay the proceed, thereof. upon
the draft Of the comptroller Of the treas.
.ury, drawn upon said board, countersign.
cd by the auditor Of state, into the sta,e e
treasury.
Sec. 8. Whenever any bank as afore
said, shall be desirous Of diminishing III,
amount Of It's circulating notes, and shall
desire to deliver TO the treasurer Of state.
or to the auditor Of state, g. the case may
be- any portion Of its notes, to be de-
strOy'd, all such notes shall BE- irsl pre-
zen ed to che comp roller of the treasury
anl be carefully registered by him, be.
fore delivery to the treasurer or auditor,
and such treasurer or auditor, in the pres.
ence Of the said comptroller and the oil
Ger or agent of said company, by whom
the said notes shall have been delivered to
the said treasurer or 9ul,tir, shall pro
ceed to burn 10 ashes, the said notes So
delivered; after which the treasurer If
state, upon the warrant Of the auditor OF
state countersi gned by the comptroller,
shall deliver to the said bank an amount
of her securities 50 deposited and trans.
lerred, equal TO the notes so burned
! Whenever any suck bank as aforesaid ,
shall be desrous Of delivering up any
wOrn.out, defared, or muliated notes to
the treasurer Of state or auditor Of state,
TO be exchanged for new circulation, the
notes so delivered up shall be first regis
teied and burned rs hereinbefore p.oyid-
cd, and after such registry and destruo-
tion Of such notes, the said banks shall
be entitled to receive from the treasurer
of state or the auditor of state, rs the
case may be. on the order Of the auditor
of state, countersigned by the comptrol-
Ter OF the treasury, new notes for oircua-
tion equal TO the amount so delivered up
aad burned.
Sec. IL. That il at the time Of any
inspection and examination of the state
treasury, as provided by the act to estab.
lish the independent treasury Of the stale
Of Ohio, or by this act or by law, or at
any other time, there should be any def
cheney Of money or Of other funds or
or property in the treasury, or il there
should at any time be an act Of breach { {
trust or embezzlement, as described in
the aforesaid act, or in this act or by law.
committed by the treasurer of state, such
fact shall be Immediately reported to the
governor by any one or all of the mem
bers Of the board Of inspection as herein
provided, or by any other person or per.
sons, and the governor on receiving such
report shall, with the concurrence of the
auditor Of state and comp roller of the
treasury, If they find the facts so report
ed to them to be true, forthwith order the
arrest Of the state treasurer, whose Off
clal powers and functions shall thereupon
INNN'e "NN WV hAAhNf Fuh NNo hAiANo VI
treasurer shall by such act Of arrest be
absolutely vacant, and no shall no longer
be treasurer and shall be held in bonds
with good security in an amount At least
equal TO his Official bOuds, to abide S
trial on the charges made against him; or
on failure TO furnish such bonds and Sc
curily, shall be kept in sa g con6u.man
until such trial be had And the Cover
nor Immediately on such arrest of the
treasurer shall proceed to appoint a treas
urer. Who on having given such bond
aud security as a state treasurer is requir-
cd to give by this ACT, and having taken
in due form the required oath of office,
and the same being duly filed aud record
ed, as by this act required. shall be vest
ed with all the powers and functions. and
be subject to all the liabilities and du les
of treasurer of state in ike manner as is
provided in and by this act.
Sec. H. That if at the time Of any
inspection and examination of any county
treasury of any county in this state As
provided by the act to establish the indie