Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1858-05-06
MI1LERSBURG HOLMES COUNTY, OHIO THURSDAY, g.

rant so issued, as against the fund out OF
which the same is to be paid, so as to keep
an exact debt and credit account with
each particular fund in the treasury.
Sec. 4. The auditor and comptroller
shall, severaly, keep fair record of claims
or demands presented for payment which
shall have been allowed and audited, and
certified, and warrant issued for the pay
ment of the same as aforesaid, and care
fully file the same in his Office, with a
receipt or douplicate thereof of the per-
son receiving such warrant for the pay
ment of the claim or demand. which re-
eeipt shall be taken, on the face of such
claim, in full for the same. And the or
iginal of such claims and receipts shall
be kept by the auditor, and the duplicates
by the comptroller.
Sec 5. The auditor of state shall not
at any time draw any warrant upon the
state treasury, unless there is money there
in belonging to the fund upon which the
same is drawn to pay the same; nor shall
the comptroller of the treasury certify,
countersign, or register any warrant drawn
by the auditor of state on the treasurer of
state, unless the same be drawn by author
ity of law and in conformity to appropri-
alton made by law, and on money at the
time actually in the treasury according to
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 countersigned by the
comptroller, when in funds of the par
ticular fund on which the warrant is drawn
in such money and funds in the state trea-
sury as shall have been received for tax
es, and other revenues of the state; and
on payment of the same, he shall take the
receipt of the person presenting said war
rant and 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 Cancelled,
shall be numbered in the order in which
it is paid, and he shall record the same,
in the appropriate book kept for that pur-
pose, and file the same in his office, as
his voucher for so much money paid out,
and shall credit himself with the amount
of the warrant paid, on his account against
the particular fund appropriated, and
for which he has charged himself as here
in provided, SO as to keep an exact debit
and credit account of each particular fund
in his office.
Sec Z. The comptroller of the trea-
sury shall have charge of the bank de-
partment in the auditor of states office,
and shall do and perform all and every
duty now or hereafter devolved by law up
on 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.
Sec 8. The certificates of the funded
debt of the state of Ohio, or of any other
state, or of the United States deposited
with and transferred to the treasurer of
state, to secure the circulation of bank
notes under the provisions of the act en-
titled, can act to incorporate the state
bank of Ohio, and other banking COM
pannies," passed February "a, 1845, and
the like certificates transferred to and de-
posted with the auditor of state, as secur-
ity for circulation under the provisions of
an act entitled, can act to authorize free
banking" passed March 81, 1851, shall
hereafter be held and kept in the treasury
of the state of Ohio, as part of the Sc
curities belonging to the state; and when
ever, in order to redeem any of the circu-
lation of any of said banks, it shall be ne
cessary to sell any part of such securities,
the commissioners of the sinking 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, countersigned by the
auditor of state, into the state treasury.
Sec. 9. Whenever any bank as afore-
said, shall be desirous of diminishing
the amount of its circulating notes, and
shall desire to deliver to the treasurer 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 pre-
sented to the comptroller of the treasury,
and be carefully registered 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 delivered; after
which the treasurer of state, upon the |
warrant of the auditor of state countersign-
ed by the comptroller, shall deliver to the
said bank an amount of her securities so
deposited and transferred, equal to the
notes SO burned. Whenever any such
bank as aforesaid, shall be desirous of
delivering up any worn-out, defaced,
or mutilated notes to the treasurer I
ofstate or auditor of state, to be exchang-
ed for new circulation, the notes so de
livered up shall be first registered and
burned as hereinbefore provided; and after
such registry and destruction ofsuch 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 by
the comptroller ofthe treasury, new notes
for circulation equal to the amount so de-
livered up and burned.
Sec TO- That if at the time of any inspec-
ton and examination of the state treasury as
provided by the act to establish the indepen-
dent TREASURY of the state of Ohio. is by this act
or by law, or at any other time, there should be
any deficiency of money or of other funds or
property in the treasury; or If there should at
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