New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-06-06
THE BOARD OF EDUCATION AND TIE
BROADWAY BANK.


WAS TIE 1880 WARRANT FORGERY! HOW TIE
FINANCES OF THE BOARD ARE MANAGED.
Francis A. Palmer esq, President Of the Broadway
National Bank has addressed letter to the City Cham
beraln relating TO the alleged forged warrant drawn
against the Board Of Education fund for 1880 Of which
1ullno have been in the TRIBUNE. The following
extracts from this communication viii be read with gei-
eral interest
To PETER b; SWEENEY, esq, chan1efai" Of he city Of
DIR SIC: your communication Of May 81. inclosing
that of the officers OF the Board OF Education dated May
23 relative 70 the payment OF seventeen thousand hYe
charged against appropriation standing 10 tie credit
al that Board being made on an alleged forged warrant
Board Of Directors cf this Bank am instructed 70 say
that the bank viii contest us liability 10 .unef te loss OF
Frs. With all duo respect 10 the officers Of the Board
Of Education, as TO the warrant IN question beng Ioi
Second: As to whether If the warrant is in fact for
gerry any liability in the premises extends beyond the
financial officers Of the Board Of Education.
II is proper that should state some Of The prominent
this bank tie goth day Of April last ON the
bank, Who keeps the account Of tie Beard Of Education
informed the clerk OF that Board that there was differ
between their account and is, and requested him
banlbook Board he written up. The
bank back accordingly sent aud written M, showing
Ihe charge oil s.oog iOr ne payment I'D dispute ana we
balance was struck placing that amount Oh the debit
side OF the account. On the 25th DAY OF April the bank
book with IRIS statement Of tie details Of the account,
exhibiting Tie balance after the deduction OF the amount
.sthers, returned 20 the Clerk OF the Board. No
question made az 10 the correctness OF The account,
of May following. hcsngree days Qttcy the
thus returned TO the Cc OF the Board OF Education and
find by the rules Of Tie Board Of Education that it Is
vouchers of Inc bank were returned TO him The account
his books must have shown the exact amount in bank
10 the credit OF The appropriation How - IT, Then may
be permitted ask that il the warrant ga question
a forgery The Clerk did not discover such discrepancy
and variation false charge OF the large sum OF syen
teen thousand five hundred dollars HlI5eO would make
since thc allegation Of The officers OF the Board Of Ed
ucaton Ia regard 10 this warrant. have informed
sef as 70 the manner ~ when Walahls are Issued py
that Beard learn that about 20 warrants are signed
monthly, and at the same period tial 10 warrant book
Is kept, but that warrants are s2e IN ohHWe tAat no
account preserved Of these warrants except in
G warrants arc sent out Of the Clerks Office by different
messengers to the respective places OF business OF TIE
ace. and signed by the latter opportunity may be
afforded during the pressure of important private bust
mess and that Theses officers have 10 means or knowing
whether is forged not, except fro such
tdereaiion as they may be able 70 give OF Their sigma
n0tceae want OF uniformity in tue signatures Affixed
saly IN tie Signature OF the Clerk which, with singular
srelessiess csnses from time time essentially. alike
~ sfI pcCllLI tefstics, ana general appearance
The warrant IN question assuming De a forgery IS
AIie. ~ a.. Ina. sDS tHigluee 20 Tue handwr8
written, 9nd the signatures equally remarkable for
tber lese3hDiaoS - 'e tehlie-re certainly a. good
zants, while the warrant or blank Is aluareutIy
genuine, and printed from the same plates as all tho
Others
have assumed that the Clerk o. the Board Of Fduca
lion performed his duty; that he kept exact account
Df the expenditures OF Tue Board, aud that the account
EOTegponded the 18th Of April with the account the
bank that there reason, When the balanced
book and disputed warrant returned, have To
question either have no infoI li9s a. to how such
account II kept, underwent revision - days aferward
hut, me clerk keDt account, how did lie hscover,
the end OF this long lapse OF time that te account OF the
bank tins ncCifccf Ia either aspect n u llOt
IDakabcf Wond II be iemalipbei IT, through some
advantage .fseD OF the Of keeping accounts and
tign'ng walfaL.t come gls9n gad s1lRed iSlo Inc