The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1875-03-11

lH76; under color OF the said ACT,
fond; aud permit to be funded, at tho
State Treasury. at Columbia. So. $50 Of
coupons which were detached from
bonds OF the State, and which matured
before the. bonds themselves we're
issued from the State Treasury. and
which tho said State Treasurer had the
means ;of knowing, and sbould we'll
have known, wero not linbility
| against the Stute, and, therefore, were
not entitled to be funded under the
provisions of the said Act.
Specification 5. In this, that the salt
F. l.. Cardozo. State Treasurer. did.
at various times between the 25th of
June, 1874. and the 18th of February,
1875. uuder color Of the said Act,
fund, and permit to be funded, at the
State Treasury, at Coiu mbiu, SO. 2O5 of
coupons which were detached from
bonds of the State. aud which ma.
tured between ths 1st of Jannary,
1870. and the lat of July, 1871, in.
elusive; tho bonds from which til. sud
coupons we're detached having always
been the property Of the State. and
still being in the possession OF the
State Treasury, marked ''canceicd nm
nsed. and the said coupons, there.
tore. not being entitled to bo funded
under the provisions of the said Act,
all OF which the Stale Treasurer had
tho means of knowing, aud should we'll
have known.
Specification 6. In this, that where.
as. by Section Of the said "Act to re.
duce the volume of the public debt
and provide Tor the payment of the
ssnae," commonly known as the Fond
ing Act. it ia provided thmt the fund of
the State thereby soiennIy pledged for
the ponctuaI payment of the interest
aud final redemption OF the principal
of the bonds aud stocks then author
zed. ''shal! be kept separate aud
apart from all other funds, and shall
be applied: first, to the payment Of
tho anuuully accruinE Interest" upon
suci, 'uds aud stocks; aud, second,
"to the ex,ingnish ment of tue public
debt. and to no other PURPOSES" yet
the said F. T. Cprdozo, State Troasur-
er. has kept such fund spparate and
apart from all other funds only uomi-
nally on bis books, aud has deposited
such fund aud drawn upon It, in com
mon with all other funds to his credit,
for other purposes than the payment
of the said interest or extIngu,shment
OF said public debt. thereby defeating
the intention Of. said Act, and en-
dangering the security guaranteed to
the public creditors apd the faith and
credit Of the State.
CHARGE iI.-They charge thut said
+. l.. CardoZo, State Treasurer, has
been guilty OF wilIul neglect of duty.
Specification l. Iu this. that whereas
it is provided by Section 80. Chapter
XVII, OF Revised Statutes, "thas the
Treasurer shall, ut the end OF every
month, report to the Comptroller Con
eral an accurate ststemeat of the cash
transactions of the Treasury Of every
description" yet said F. l.. Ourdozo,
State Treasurer. has, since the 3lst of
October, 1874, wholly omitted to report
to the Comptroller General any state
ment Of cash tran sactions of Treasury.
On motion of Mr.. Swails, the re-
commentator OF the committee was
agreed to, and message sent to the
House OF Rspresentativ requesting
its concurrence. It was also ordered
that the report and address be printed,
and copies served upon F. L. Car
dozo, State Treasurer.
| a moSSaBe WAS t6celVeu from the
Senate. that it has agreed to the re.
commendation OF the Special Joint
Com mittee appointed to prepare and
present to the two Houses an address
to the Governor for the removal of F.
l.. Csrdozo. State Treasurer; that
copy OF the charges be served upon
said F. L. Cardozo, and he be required
to appear before the two Houses, met
in Joint Assembly, at IL NJ, Tuesday,
10th instant. then aud there to make
answer tO tho same. aud requests con-
curreDoe OF the House Agreed to.
HOUSE OF REPRESENTATIVES.
Enacting words OF bill 20 authorize
County Commissioners of Laurens
and Union to build bridge across the
Enoree River; and joint resolution
to authorize County Commissioners of
Colleton to open u road leading from
Georges Station to Reeves Station
Road. were stricken out.
A message was received from the
Governor. stating that he had ap-
proved the following: Acts to amend on
Act to incorporate town of Black.
stocks: to incorporate Palmetto Oil
and Grease Company, of Charleston;
to permit County Commissioners OF
Lexington to pay out Of taxes collected
for preoent fiscal year claims against
said County OF preceding fiscal years.