Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1883-02-07
The DefauIting Alabama
Treasurer.
PARTICULARs-H s
NODE OF LlFE--THE EXACT
DEFICIT.

MODE OF LlFE--THE EXACT
DEFICIT.
From a special TO the New York
Times we CLEAN the following addition
al particulars regarding the defalcation
Of State.Treasurer Vincent, Of Alaba-
ma:
The committee TO examine the
Treasurer's books finds that the actual
cash in the vault is Sl80.34l.9s, and
the actual deficit s2l7,C87.02. The
committee is investigating Vincent's
speculation 10 order 10 ascertain the
persons with whom The transactions
were made. Vincents salary under
the law Is only 50, 100. but on this he
lived ~ excellent style. drove beau
tiful span OF horses, and lived in a
maguiicently-lulnished house. But
these things excited only passing com
ment, and were accounted for on the
ground that Lis wife was supposed 10
have Oney, though his high manner
OF living did not begin until 1879, where
as he had been married for several
years PRIOR TO that time. Vincent has
a lovely wife and two bright, interest
ing boys, the older one being about
eight years of age. He is man OF
pleasing, gentlemanly address, and is
gentleman by birth and education, and
has wonderful personal magnetism, as
shown by the adherence of his friends.
This was his third term, he being i'll
Quoted into the Office of Treasurer for
the third time on November 10Th last.
He has failed, up to the date of his de-
parture. TO file q tond for his new term
of office, and now the startling dis
closure is made that the bond for bis
last preceding term cannot be found.
though If found il is doubtful if the
full amouat Of his delalcation can be
made out Of i, as il is FOR the sum oil
$3.50, 900, and under a very recent de-
cision Of our Supreme Court his bonds
men would be only liable for such
deialcaiion as took place up TO Novem-
Der 10th last.
1t is said, however. that the condi-
ton Of the bond was to hold the makers
liable until his successor was duly quail
fed. He vas his own successor, and
qualified only TO the extent of taking
the oath of Cficc. Whether they are
liable under this aspect is for tina courts
to determine. The law makes it the
duty of the Governor TO require bond
Of the Treasurer within forty days after
he has been declared elected. VIM
cent submitted q new bond TO Cover
nor O'Neal, which he declined to APP
prove. and Ills at somewhat recent
date, Governor O'Neal IS censured by
a great many for being 80 negligent ID
the matter. If the old bOndsmen are
made liable the State will not lose any
thing, as one Of his bondsmen alOue is
worth double tie amount Of the bond.
This defalcaliOn, though a heavy
loss, will not fleet the credit Of the
State, as 1t was part Of a surplus 10 the
Treasury of about Sj00,00 Every
effort is being made 10 capture Vincent,
but, unlike Poke, he will never cone
back alive to face his disgrace. Only
few days ago his friends were Joking
him about Polk. This was before there
was the slightest suspicicn that there
was anything wrong. To this bNdinage
he very iacellously remarked that he
could get away. as he had tao legs.
Like Polk. he bears Oh his body the
honorable scars OF soldier, received
while captain IN the Confederate
army. His last act before going away
vas TO send $4,000 by his wife to his
clerk, Mr.. Crawford. to be deposited in
the Treasury. which is some evidence
that he meant 20 be honest. The peo-
pie arc excited, but the pe's j. de-
pr ssing.