Preble County Democrat. [volume] (Eaton, Ohio) 1857-1859, 1858-05-06
NUMBER II.

: same; nor shall the comptroller of tn,
j treasury certify, countersign, or regis
e ter, any warrant drawn by the auditor o.
state on the treasurer of state, unless
t the same be drawn by authority of Law
and in conformity to appropriation
! made by law, and on money at the time
t actually in the treasury according tc
the accounts Of his Office, subject to the
payment of the same.
SEC. 6. The treasurer of state shall.
on presentation, pay all warrants drawn
on the treasury by the auditor of state,
duly certified and countersiened by the
comptroller, when in funds of the par.
ftiealar fpndRen which the ,yarrant SIS
Z drawn, IN such t6edaE and funds u
the state treasury as shall have been re-
ceived for taxes, and other revenues OF
the state; and on payment of the same,
he shall take the receipt of the person
presenting said warrant ard entitled to
the same, on the face of such warrant,
and in full for the amount specified
therein, and the treasurer shall write
on the face thereof the word "Paid:'
which warrant, when so paid and can
cealed, shall be numbered in the order
in which it is paid, and he shall record
the same, in the appropriate book kept
for that purpose, and file the same in
his office, as his voucher for so much
money paid out, and shall credit him
self with the amount of the warrant
paid, on his account against the particu-
lar fund appropriated. and for which he
has charged himself as herein provided,
fn Eoop IoI.
account of each particular fund in his
office.
Sec. Z. The comptroller of the treas.
ury shall have charge of the bank de-
partment in the auditor of state s Office,
and shall do and perform all and every
duty now or hereafter devolved by law
upon the Office in regard to banks; and
shall annually make his report to the
auditor of state, to be by him included
in his annual report.
SEQ. 8. The certificates of the fun
ded debt of the state of Ohio, or of any
other state, of the United States, de-
posted with and transferred to the
treasurer of state, to secure the ciTcula-
ton of bank notes, under the provis-
ions of the act entitled, IAN act to in
corporate the state bank of Ohio, and
other banking companies passed Feb
ruary "a, 1915, and the like certificates
transferred to and deposited with the
auditor of state, as security for circula-
ton under the provisions of an act en-
titled, ..An act to authorize free bank
ing" passed March 21, 1851, shall here
after be held and kept in the treasury of
the state of Ohio, as part of the secur-
tiles belonging to the state; and when
ever, in order to redeem any of the cir
culation of any of said banks, it shall
be necessary to sell any part of such Sc
curities, the commissioners of the sink
ing fund shall convert the same into
money, and pay the proceeds thereof,
upon the draft of the comptroller of the
treasury, drawn upon said board, coun-
tersigned by the auditor of state, into
the treasury.
SEC. 9. Whenever any bank as
aforesaid, shall be desirous Of diminish
ing the amount of its circulating notes.
and shall desire to deliver to the treas.
urer of state, or to the auditor of state,
as the case may be, any portion of its
notes, to be destroyed, all such notes
shall be first presented to the comptroI-
Ter of the treasury, and be carefully reg
istered by him, before delivery to the
treasurer or auditor, and such treasurer
or auditor, in the presence of the said
comptroller and the officer or agent of
said company by whom the said notes
shall have been delivered to the said
treasurer or auditor, shall proceed to
burn to ashes, the said notes so deliver
ed; after which the treasurer of state,
upon the warrant of the auditor of state
countersigned by the comptroller, shall
deliver to the said bank an amount of
her securities so deposited and transfer
red, equal to the notes SO burned
Whenever an such bank as aforesaid,
shall be desirous of delivering up any
worn out. defaced, or mutilated notes
to the treasurer of state or auditor of
state, to be exchanged for new eircuIa-
ton, the notes so delivered up shall be
first registered and burned as hereinbe-
fore provided; and after such registry
and destruction of such notes, the said
banks shall be entitled to receive from
the treasurer of state or the auditor of
state, as the case may be, on the order
of the auditor of state, countersigned bv
the comptroller of the treasury, new
notes for circulation equal to the amount
so delivered up and burned.
Sec. 10. That if at the time of anv
inpection and examination of the state
treasury, as provided by the act to es-
tablish the Independent treasury of the
state of Ohio, is by this act or by law,
or at any other time, there soould be
any deficiency of money or of other
funds or property in the treasury. or if
there should at any time be an act of
breach of truct or embezziement, as de-
scribed in the aforesaid act, or in this
act or by law, committed by the treas
urer of state, such fact shall be imme-
diately reported to the governor by any
one or ALL of the members OF the board
of inspection as herein provided, or by
any other person or persons, and the
governor on receiving such report shall,
with the concurrence eff the auditor of
state and comptroller of the treasury,
if they find the facts so reported to them
to be true, forthwith order the arrest of
| the stale treasurer whose official Do1vor.