New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-10
pro,,m,n. bond. issl-anouu, out.ssndins July

IRREGULARITIES DlhCONEKED'
Tn examining the bonded and funded debt, whc"
the foregoing statement represents, the Commissioner
OF Accounts have found many irregularities In the n
nlace the bond clerk has opened about forty eaReis
with small Journals. But there are number OF sn"i
journals without any ledgers; and even In those eus
that are I'm nae some of the most important accounts
tberptn are not indexcd. IL is also to he renaIheu
that many ~ the entries In the journals are maze III
very confused and irregular manner As m inst" 1
H. f. Casweh deposited On n0 So I. roi vas made
for fonr bonds be issued covering $4,000 of the
stated amount for when regular enlos Sei1 yo bonds
were issued for $1,000 each to tho original pdtT,
for which no regular en 1870 was Te manner of trans
ferrlng bonds i'm the Controllers Department Is lIIrt
lar and Objectionable, W.; bona hSd oo ~ s not
Endorsed by the original party Ia the second parry -
blank the back OF the BOND Is hed out t u1 - fSe
CORPORATION TO b." and signed ny tue bohu N .oi
That portion OF Water pd OUT anu e s7i
Nov / ,sIO was not entered IN journal uitli JaI 90
Al certain date large amount or bonds helu Nv ' n
Commissioners OF the sinking Fund became due, anu T
ON each bond but instead OF this meinorahua gYi ,
signed aud placed on me- %h6I Era hv the
Rank of America OF this city, was found regularly i
dOrsed 10 the order OF william Lewis by the casne 20
said hank but the bond was paid without the Inuoist
ment of said Lewis or any receipt taken for tue anouI
on the discovery OF this irreg4aTlty Nv the o1I 11I
oners Of Accounts the bond clerk, without the hho
of fine commissioners (6eiug tine same person Who
has had charge OF this bureau Tor 30 years.
is79 being more than 20 months after the date oil pay
ment. ,,--....... -. ,1or Of Court
under date OF Feb B. 1868, III favor OF james d. ROM
amounting 10 S533,457 3d. were not ISSUED Dy o a."
Clerk in tie Controllers Department, nut outslue Va
office; and the only reeordfOr the same Is tls r,ai
of the several bonds attached to the hyleai IN I'm
IpoD the discovery this rreglaItty ana the lao uat
S24S1 so Of the bonds had been paid july 81 Vne S
before they due to one Eliza Green ana slVC
George SiStare attention Of Controller Green Was
called TO TINS matter, and he stated ulit ~ ne
knew nothing ABOUT me 1s5pv BoIend
and Howe were after requesleu 10 M, MI
the Controller in his private Office, where tney looi
with him Mr. Dikeman, Mr. storrS, anu M, "a H. o.
his department and IL then explained 10 the Oou
missioner that this stock was issued unueI u M Iva
from Judge Barnard, and tnat IL was primer % de-
sired the Commissioners to express an OpiIOn as 10 e
prOprley mis- paying any more Oh lheae uonis, Jul
they declined. The said Dohusi"eIo pay aDo nus -
In many cases where bonds have been paid and can
celrd no date OF the receipt for the amount mas
obtained. the amount Of interest," due on lno nVhi
stated would note the fact or fOur bonus heIu ~
me Commissioners OF the sinking Fund OF the same
title each numbered a." although que III uiHeIen !,
Years In one stock journal, market stock OF 1871
we found that five pages were missing, namely PAGES
numbered T. inclusive. For the issue oil CITY heNe-
me bonds of 1871. the only entry made Is IN a
small Journal (nO ledger, and the only record OF
cancellation of same, by drawing red lines through
the entry The same facts may be stated III re-
ard to fhe civ revenue bonds OF 1S72-no date or
cancellation given. The issue OF the ana per cent
county revenue bonds of 1872 Is only recorded in
small journal mo ledger, ana the decrease pflor 70
Dec / 1872 amounts 20 si,5i9,500. The b0okkeepers
the month ending Nov So 1871 reports the
derrea 90 as 81 CoO-thus making difference in the
bookkeepers statement SHOWS that ms stock was ke-
wise increased s. 66s6OO-"hIe the record stabs tha
the increase or outstanding issue " tins stock Dee J.
s5Q was 81 OO-tO which Hdd the decrease OF $3.50
500 and the total made out rs per the original
record - - 49,. -.
REDEMPTION OF DEB.