The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1874-02-27

l0&uo. III numerous IhStAnC0S pay
ments were made on scrip presented
without the signature of the Treas
urer thereto, and scrip was accepted
without having the name of the
payee endorsed thereon. Such
practice necessarily opened the way
to an improper disbursement of
this fund and an opportunity for
moneys to be wrOngfully. drawn
from the Treasury.
Your committee suggest that
some competent person be at once
employed to complete the counting
of the Union military scrip and the
examination of all the vouchers, pa
pers, accounts. and books of the
Treasurer's Office, to the end that
the true condition of the Treasurer's
accounts may be definitely ascer-
tanned, and that his report thereof
under oath, a. soon as completed,
shall be filed with the Governor and
Auditor of State.
On Tuesday, Feb. Il, The Hon.
Eli. Gilbert, ON the part OF. The COM
mittee, examined the assets in the
State Treasurer's office and found as
follows: 80
State warrants. sssI4. q
Municipal coupons. s,13Oo 0
State coupons, 100 %
Governor Osborn tDeudrr f,;ndl 1870
Insurance orders, l,l56.So
school orders, 3lS95 81
hricEl ~'U'' n.y. " s.s71!.1
Currency, 6Is, $3.50
Fractional currency, a,e00 o.
Gilman Sons i Co., n. Y, agents, 53,17s.ss
Check-H. q. Gross, President iSt ka-
tIOnAl hank of Emporia. 10000
NEE Co bank, 49, Io,0oooO
Check-CJ Treadway, Cashier Law
renee Savings Bank, issued to J.
Z. Watson, County Treasurer OF
Certificate of deposit In topeka Bank Il, soI 81
Certificate of deposit in Capitol Band 5.42G. e
Certificate Of deposit in Shawnee 40 =,
tIonai Bank, II,i4s7i
Of Lawrence. 10000
hank Of Mammalian. 10000
Hank Of Atchfson, $1,000
HsnE Of Atckison, 5000 o.
Hank Of Atehison, :s53 :;
Certificate of deposit In l-t National
Bank OF Manhattan, $50 &C
Bank Of Wichita, I,ssiCi
bank Of Lawrence. " '' i.5Oo. OF
Exchange drawn by First National -
Bank of Atchison on Fourth Ma
tIOnai Bank ofSt. Louis. 3 go 6.
Exchange drawn by same bank on
Exchange drawn hy sauae bank o.,
Hanover Bank of n \, 500 o.
Total, $50 SAL >;
belonging 10 different funds a>,toliowe:
ReyeDuc funi, E39l, 500 a
sinking fund, - G25 d
Interest, l04beS o.
Annual school fund, I29,1T4 o;
Permanent school fund. ,s 5o.1470l
Insurance fun6, S65. q
Railroad fund 91506I
Military fund, e.. - 4010s1
Insurance account, 81
Penitcntisry fund. S9T2 90
Municipal Interest fHi1d,i A0s93l
Total. S.0S,ssl 81
From the above exhibit there was
on that day in the hands of Messrs.
Gilman, Sons s. Co., $50, 1855, and
In the Office $74,0TS.14, in checks,
drafts and certificates of deposits.
The actual amount of currency on
hand was $5S2, 105.0O. Your com.
mittee recommend the enactment
Of law providing for two are more
repositories for the monies of the
State, to be deposited therein upon
giving security in State or National
Bonds, and providing further that
such repositories shall be required
to pay TO the State the sum of NOT
less than per cent. per annum for
the use of the average amount OF
deposits. Your committee believe
it unsatisfactory, "a well as unsafe,
to permit so large an amount oil
money to remAin in the Office of the
treasurer, .Rs is shown in the abeEe
exhibit, and, arc assured that q con!
siderable revenue could be derived
from interest thereon If q proper
law we're enacted. We regret TO re-
port that the action of the State
Treasurer is exceedingly unsatisfac-
tory to US, and that the duties of
his Office have been conducted In
public and continued violation Of
the law. ~ ssaaI s- z-eae (
Section 81, page 9S3, OF tao general
statutes of 1868 reads as follows; 2
"If any State Treasurer shall con-
vert TO his own use, or to The use OF
any other person or persona, body cor
porate, association, or party whatever,
In any way UhzteVer, oE shali use, by
way Of investment in any. kind Of SCI
c1rttyJ stock, loan, property, aanly NOR
chandise, or in any other manner or
form whatever; or shall loan, with or
without interest, TO any company, cor
poratioa, association or individual, or
shall deposit with any company, corr
poration or individual, any portion of
the public money, or any other fund,
property, bond, securities, assets or Of.
aafaaa of aslU ktTa6
or held by him for safe keeping, trans
fer or disbursement, or. Ia any other
manner or way, or for any other pQr-
pose or II any person shall dcYise, aid,
or In any manner participate IN such
act, every such act shall be deemed
aud held In Law TO he an enbezzIe-
ment of SO much of said moneys or
other property as aforesaid as shall be
thus converted, used, Invested, loaned
deposited as aforesaid, which is hereby
declared = high crime and miSdemeari-
or; and upon conviction thereof, be-
fore any court of competent jurisdic-
ton such treasurer or person advising
and aiding shall be sentenced to i'm
prisonment in the penitentiary, and
kept At hard labor for term not less
than one year nor more than twenty
year,, according TO the magnitude Of
the cubeZ2lement, and also 70 fine
equal to double the amount Of money
or other property go EN- bezzieli as
Aforesaid which fine shall operate as
; Judgement at law against all OF the
party so convicted and sentenced, and
the collection thereof shall be enforced
BY execution or other process"
It appears that during the year
1879, the treasurer. deposited with
Aessers. Gilman, Sons s. Co., of
New York, the sum of $277, 3S4.44.
The amount Of money required
10 be transmitted TO New York BY
the Treasurer for all purpose dur
Ing that time was $4,000. and
hence there Was the useless deposit
N New York IN the year 1879 OIL
The sum of sl37.Ssk4i by the
Treasurer 4
II Is usual and customary for
New YORK bankers to pay the sum
0f 1 per cent. per annum for the |
1se Of deposits, and IL the usual
md ordinary practice Of sneh hank
~ was profEited by the treasurer
n his dealings with Messers. Gill
nan, Sons 8 Goa 3 large amount I
Il Interest would have bean red
:eived by him on the State funds |
deposited unlawfuiiy in New York.
Your committee have not been
BILE TO lake evidence ing New York. /
'r ascertaiaed whether ofiaot the /
Treasurer received Interest on his1
lepOslt With Nessers Gilman
Ions = Co. But the law makes the