Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-05-22
THE SACRED" SCOOL FUND
The MOutHfHI Confession of Another
County superintendent.

County Superintendent.
Mr.. Isom L. Myers, superintendent
for Claiborne county, explains in a letter
to the Knoxville Press and Herald,
how the school money belonging to that
county has been managed. He says:
Now Mr.. Editor tbs truth is have
always held out the Idea that the money
was in the Treasury, until | went to
Nashville in the latter part OF Fe bruary
last to draw the School fund due the
county, and was there told there was
no money in the Treasury, and the
warrants and drafts that | carried home
with me substantiated the fact that
there was no money in the Treasury at
that time. Mr.. Edward Stern Of Taze.
we'll standing as one Of my security
and having fire proof safe
deposited draft with him
made payable to my order at first Ma
tional Bank Knoxville Tennessee calling
for $lG3S Is Also warrant on State
of Tenn for $437l Is Dollars Mr. Stern
taken the draft to Knoxville first with,
out my leave or consent or even my
knowledge the draft not being endorsed
by me he failed to get the money. l
then agreed to endorse the draft and let
him draw the money for me. | did so
and he taken it TO Knoxville but again
failed to get the money at least so he
represented, instead Of returning the
draft as he Should have done he offers it
| to Messrs. COwan & McClung in part
payment of a bill OF goods rendered eiVin
as his reason for holding the draft that
| he had made advances Of money
to Meyers for School purposes and
that the draft had been made TO him
in part consideration Of these ad-
vances" Now Mr. Editor | announce
the whole thing or at least Mr. Stems
Statement if he made such as btirg a
faltshood Of the deepest die he brought
back e receipt of deposit purporting to
be from Cowan & McClung bearing date
April 1869 at least that is my recollec-
ton the date it bears. He had not ad-
vanced dollar up to that time, and even
after he had disposed of the draft and
after the money had been paid he denied
| it, till the cashier wrote 2. G. FulkeTson
a note Gin answer to the inquiry whether
the money hal been paid or nOD Stating
that the draft was paid on the I'd day OF
April 1869. Mr.. Stern during all this
time had been buying teachers claims at
considerable discount Some at half and
paying for them Principally in goods
at large per cent discOuraging the Teach
ers and telling them it was very doubt
full whether the money was ever paid or
not and that he would given them 20 per
cent and some half and risk getting the
money. As soon as learned he had
drawn the money or made way with the
draft l demanded the money but he res
fused to settle or pay me any thing I'M
less would deduct the amount Of claims
that he had purchased out Of the draft or
that amount of money and he would pay
me two hundred dollars down and for the
balance take his note, he also deducted
my own account out which was one huns
dred and forty seven dollars. l refused
to settle in this way and insisted on the
moneys being paid but he utterly re-,
fused to settle on any other conditions.
Finding / could do no better / settled in
that wsy and taken his note for $7ll GA
which he paid in teachers claims ex-
cept 1920 which he paid in cash. So |
received only S420 in cash out of the
63S Is dollar draft.