American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1858-06-03

OF invested, and what portion OF such invest /
ment. il any. can be reached BY the public |
authorities Of the state. Sth AZ to the con-
dition OF the Canal Bank Of Cleveland and the
Seneca County Bank, their management. and
the causes ofthe failure by the present treas.
urer Of stale to redeem their circulation. 6th.
As TO the condition Of the securities deposited
by the Sene' County Bank with the tTeasus
er ofstate, and as TO what measures have been
OF ought TO be taken to recover such part OF
them IS have been enbezzled or m'saPpiled-
s7Ih. As 70 the-tranSacliens between the s'ate
.ofOhio or any of its official agents anu the
Ohio Life Insurance aud Trust Company md
also into the causes Of the late disastrous tails
ure OF thai insti:ution. Sth. TO make care
rful examination into the nature, condluon aud
suficiency oft bonds and securiti deposits
"a with the auditor AMI treasurer Of state foF
various Purposes. eth. TO examine into the
late sale OF Ohio Stocks, the real purchases
| thelsof, and the causes Of their depreciation
| In the market at the time OF such sale. ~'-laai
Sec. Q. Il shall be the duty Of the said COM
missioners, IL they shall ascertain where any
Of the moneys OF the state are loaned or in-
vested, or where any securities deposited by
any banker OF otherwise have been sold OF
pledged without authority OF law, OF where
the SAID commissioners shall discern any other
facts which will enable the state TO recover for
I itself or for any trust fund any portion OF the
luOuOyS " puOliC oCCutlliCo WutCu hdNC oCNu
| embezzled or msapplied, to Immediately notify
the governor and attorney general thereof.
/ who shah thereupon proceed to cause such
proceedings 10 be had 1ss will secure to the
state any such moneys or securities or The
| proceeds thereof.
sec g. The said commissioners shall before
4 entering upon the discharge Of their idutiess
take an oath Of Office, majority ofthem shall
be QUORUM Cor business, and they may elect
/ af ~ M ~ h0a :
but M meeting Of said commissioners shall be
held for the transaction OF business without all
Of fsaid commissioners shall have been hTstdu'
! ly notified Of the time and place OF meeting;
they shall be authorized to examine such oi
I the Offices, books and papers as they NAV
; deem necessary and proper. and, also TO com
pei the attendance ofpersous and the produc
! ton Of books'and papers, and any member ol
said commission may be examined as a wit.
ness by or nt the instance OF the other mem.
{ hers thereof, or either Of them, touching any oi
{ the matters said commission is authorized by
this ac to make'inquiIy into.r se
5 Sec, 4. The said board is authorized TO em
Z ploy clerk or accountant, " they deem II nee
essary. at compensation not to exceed three
J, dollars per day, and hve cents per mile for nee
essary travel, aud each member is authorizes
TO administer, oaths aud TO issue process (
/, compel the attendance OF witnesses, which
i maybe served by any sheriff, deputy sheriff
b sergeant at arms OF feitler branch ofth gener
al assembly, Ur amy other person appointed b.
n said commissioners. y Es-.,.fr,,e e- ~ ~.
e Sec. 8 Said commissioners shall have al
K the powers Of O court of record to punish, b
fine aud imprsonment, any peTsonsfoT disobe
dience TO its prOeeSs, refusaltO testify, or 9th
er contempt. Of It's authority, a SD IL ~
Sec, 6, The said commissioners shall, q
soon as their examinations are concluded, re
N noFt he same, a he al he state, VIII