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

Iuuy 6uUnltbeO.
8. A. sWAILS,
Chairman on part OF Senate.
J. A. BARKER.
Chairman on part of Honse.
To His Excellency Daniel H. Cham.
6erlain, Governor of tho SUte Of Sonth
Carolina: The General Assembly, con.
vened in tho Senate and House of
Representatives. by vote of two
thirds OF each House, and in the exc
cution of the authority vested in them,
under Section of Article VII of tho
Cohstitution Of the State, respect
fully address your E1oellency, aud ask
that the Hon. F. L. Cardoao be. re.
moved from the ONCE of State Trea-
surer. The causes for which they ask
the removal OF the said f. l. Carduzo
from the Office of State Treasurer are
contained in the following charges, 10
wit:
CHARGE I.-They charge that the
said Ell, Cardozo has been guilty OF
misconduct and irregularity IN the ad-
ministration of his Office AZ State Trea.
surer:
Specification l. In this, that, whereas,
fc- the express purpose OF providing,
as far as possible. against the issuing
of any bonds under IAN Act to reduce
the volume of the public debt, and
provide for the payment of the same, "
approved December %, 1873, and
commonly known as the Fonding Act,
in exchange for, and in lieu OF, bonds
In the possession of persons who were
not the actual owners thereof, the
General Assembly, by q concurrent
resolution, passed March IL, 1874. ap.
pointed Joint Committee to ascertain
what bonds of the State we're pledged
by the Financial Agent OF the State as
collateral security for State loans. aud
to report their numbers. the colors Of
their numbers, and their ,denomina-
tions, as we'll ae the amounts for which
they were pledged. to the State Trra-
surer. as soon as ascertained; and
whereas the said Joint Committee did
ascertain and report their numbers,
the coiors Of their numbers, and
their denominations. as we'll as the
amounts for which they were
pledged. to the said State Treasurer;
yet. notwithstanding the said report,
the said State Treasurer did, at vsri
ous times. between tho 25th Of June,
1874, aud the 18th of February, 1875,
under color of the said Aot, fund
and permit to be funded, at the State
Treasury. ut Columbia, 9978,5OJ OF
bonds OF the State, we'll knowing that
the said bonds we're the bonds so re-
ported to be in the possession of per-
sons not the actual owners thereof, in
excess OF the amount authorized BY
law to be issued, and. therefore, were
not legal obligation Of the State, and
were not entitled to be funded under
the provisions of the said Aot.
Specification 2. In this. that the said
F. l.. Cardozo, State Treasurer, did,
at various times between the 25th of
June, 1874, and 10Th of February,
1875, under color of the said ACT,
fund, and permit to bs funded. at the
State Treasury, at Columbia, $24I,Oll
OF coupons which were detached from
bonds of the State, and which matured
on or before the 1st of July, 1871,
when the said State Treasurer had the
means OF knowing, and should we'll
have known, that the whole interest
due upon the bonds of the State up to
that date had been paid, and that the
said coupons, SO outstan anding. we're in
fraud of the just credit of the State,
and. therefore. we're not entitled to be
funded under the provisions of the said
Act. s
Specification 8. In this. that the said
F. L. Cardozo, State Treasurer, did,
at various times between the Goth OF
June, 1874, and 18th of February,
1875, under color OF the said Act, fund,
and permit to be funded, at the State
Treasury. at Columbia, 8198, 4S5 OF
coupons which matured betW the
1st Of April, 1869, aud Let OF October,
1871. inclusive, and which were de.
taohed from bonds of the State before
and during the period of the hypothe-
cation OF said bonds; and when, there.
fore. the said State Treasurer had the
means Of knowing, and should we'll
have known, that thei said coupons
were the property Of the State. .snd
not an Indebtedness against the State,
and, therefore, were not entitled, to be
funded under the provisions OF the
said Act. ..
Specification 1. In this, that the eaid
F. Il. Cardoso, Stats Treasurer, did,
at various times between the 25sh OF