Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1858-06-23

AN ACT
mo. 95.

3 No. 95. AN ACT
To provide the appointment Oft commission
anime into the condition OF the Treasury OF the state
Ohio, and the Of the late dsalcatiou therein,
the Transactions between the state Of Ohio and the
Ohio life Insurance and trust Company, Snd for other
purposes, and d-Gniag thet powers and prescribing
their daties.
Sectiou l. BE ifenGctsd 5y the GeaeTal As
ssnlbly ofths Sta.s Of Ohio. ThatWilliam ID. Nor
gan Alfred P, Edgerton and Charles Reemsin hers
b. constituted commission to investigate all the tIaD-
actions OF the pRblie agents who have who have
heretofore had the custody disbursemer ard control or
the public moneys part thereof an particularly 10
inquire As TO the acouns and official ransaeons
OF the late state treasurer a. 4 Bliss 3D. a. TO ths
official accounts, transactions and conduct OF the lzts
treasurer, John 6. Bresn 3d- As to the ofcisi ac-
counts tiansactiORs and conduct Of the late
William H. Gibsor. 4th IS 20 the eauses Of the late
deicatiOn in the treasury OF the state how and when
occurred how the public moneys nave been used or
vested and what pr0ron Of sEch Investments, II any,
be reached D. the public authorities OF the state. 5t.
As the condition of The Canal Bank Of Cleveland and
the Seneca County Bank tlrir rsanagsIasut- 7nd the
OF tn failure b The present Heasuref OF state i
redeem ileif circulation orb. As the condition Of
the secuIites deposited by the Seneea Coaniy Bank with
the treasurer OF state. and as 10 Shat easnres ho ve been
OHght 10 be takea such part Ofe have
srea ratbszz.ed misap2ied 5th As 70 iie TRANSFER
ions between the state Of Ohio or aur fits Official agents
sad the Ohio Life Insurance and Trust Gomrary, aEd
also nto the causes OF he late disastrous aiiEFc OF That
Institution. 9Th. make eaiefri exam iHatien into
the eoHdItion and sucieney the bonds ani
surities deposited w the auditor and Of state
FOR purposes 9Th To into the sale
OF Ohio stocks the real PURCHASERS thereof, and The Gauss
Of ,ei depreciation IL he market AZ the tine OF sue
sale.
. Il shall be the duty of the saii commissiOners
If hry shall ascertain where OF tn. ng the
loaned invested where any securities de
posted BY bank otherwise have be-s sold 3ris
d. without authority of law. whe the sad cOmms<
shall discern any other facts which viii enable the
State flr ts ufOf any fund portions
Of the public securities hict have hsen
sezZet naIs Ppled 70 Immediately notify The gOveFH-
and attorney general thereof, who shall thereuPca
proceed 10 sach proceeding b. had viii
10 the state any sae oney securities te Proceez
thereof.
Sec 3. The ssid Commissioners shall D. ore snsrias
upon the dicharge thssf tates take oath o. oc-
they Inay elect Of their Asher PSesdept o. the
Hoard. but meeting Of saiS conmissionPrs shall b
held the transaction Of bagine without al said
commissioners sha have been frst Gniy rOied OF the
time and p1ce of meeting; thsy shall be aHtorzed
examine snch ths Ocs Looks aud papers they may
deem necessary aal proper. and also compel tie
tendance Of persons and the pE0u lion OF booSs and pa
perS and any member OF sasI commission mar BE-
iaej by the instance OF the other
bers oereCf eIihe OF them touching any Of the
tsrS said commission IS authorized BY tEis act 70 maze
inquiry iEio
Sec l. The said Board IS authorized 10 employ =
clerk accouatant ii they deem il neeessaFyst com.
pelsaii0a exceed three dollars per dly aRd five
entsp-r mile for necessary travel and each member
authorized administer Oaths and 20 issue process 70
compel the Attendance Of witnesses, which may be
ed BY sheriff, deputy sheriff sergeant OF Ell
ther branch Of the General Assembly, other per-
son appointed by said conmissi0neEs.
see. 5 said commissioners shall have nh the powers
of court OF record to Fuaish. by ne aad impTisOnsnt
auy person for dsobedience 5rceess retu-a 10 tr
tliy, Or other contempt ofits auihoritr
CosCLUDEE OK TIE FOURTH PsoE.