Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1878-08-24
THE STATE TREASURES LAST RE
PORT TO THE GOVERNOR.
STATE OF MISSOURI, TEEAsuI

STATE OF MISSOURI, TREASURY, I
CITY OF JEFFERSON, AUGUST lI,lS'S. J
Ts His Excellency, John 5. Phelps,
Governor.
Sir:-Kecent events affecting the in,
terest OF myself and my official bonds
men, and I o some extent the qnictude OF
the public mind, justify me in submit
ting &c our exccllency Il special or sup
elemental report. concerning the safety
of the public funds. also my ability to
protect the state and the people from
loss. For the purpose OF explaining
that portion of my report dated july |,
which was delivered to your excellen-
cy on the 3D. of this month, concerning
the amount of state moneys deposited
in the Mastin bank Mt Kansas City. de-
sire to say that. after making my order
on said bank to remit to the National
bank of Commerce. New York the sum Of
1920. 900 AS part payment of the July in
terest on the state debt. | was informed
by its officers that it would be impossi.
bic for them to place that amount ol
money IN New York tor the purpose
aforesaid. After beng satisfied that
said bank could not or would not
promptly meet this demand and
relying upon the promises of it:
officers that they would in II very
short time after the first OF July
meet 1t. | proceeded to New York, and
secured from the National Bank OF
Commerce an advancement OF the sum
OF S220. 0Oo tor the payment OF the Ju.
ly interest. which agreed to meet OF
or before September l.
BY reference to my report of July l
it will be seen that | reported in tho
Mastin bank 1896, 3sa u, when in real
lty. there was an additional sun o.
$500. 600. making in the aggregate
S5l6. 3S3,2l. This report was made il
the manner stated. upon the solemn
promises of the cashier OF the Mastlr
bank. and OF others, received before the
delivery OF said report. that said bank
would forward Immediately the $50,
900 to the National Bank Of Commerce
! |, then at the request OF its cashier, tor
warded to the Mastin bank another order
tor the TRANSMISSION of the remainder O.
the July interest, which was credited
to the bank. and the report was delivered
to your excellency. The bank failing
to comply with the order, | have since
charged back to it the 500, 600. Sc
much in explanation of my last report
which is correct in every particular eX
cept as above stated, At this date Their,
is deposited in the Mastin bank to ny
credit Us state treasurer the sum q
S506. 1877 80. tor which ! hold as secur
ity the bond of the bank in the sum 0
81 600. 900, with the following person:
as securities, to-wit: Jno. j. Mastin
Ihos. II. Mastin. David 0. Smart. Sell
+. Ward. Thos. Corrigan and James ii
MCGEE. also hold 900 in bond:
OF the National Water.works Compan,
of Kansas City also 5000 OF solven'
notes, which were delivered to me As Sc
curity.
In conclusion. sir, permit me to sa,
to you. and through you to the goo,
people of Missouri. that. nOtwithstand
ingthe reverses and misiortunesthat hay'
overtaken me since my induction int
office. my hands are clean. | have 10
stolen nor permitted to be stolen iron
the peop!e.one cent OF their money. Al
though | may be Inconvenience some
what by the failure OF the MaStin bank
| believe the obligations and credit q
the state will be met and protected.
am, sir. very respectfully.
ELIJAH GATES,
State Treasurer.