The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-05

any interest, bonus or gratuity; aid if so, have
| you carried it to the credit of the STATED
| This was objected to by the majority OF the
committee, and excluded.
Q.-In what bank, if any Of the State Of In
diana, have you deposited any OF the funds Of
Objected to by tho majority Of the committee,
On what hank if any, without the State,
STATED
Objected to and ruled out
Q-Have you invested any of the States
funds in United States bonds, and if you have
received any interest on such bonds, have you
carried 1t to the credit Of the STATED
Objected to and ruled out
Inc member then stated that he desired to ask
Iortner questions. 1t was moved that no .urther
questions De asked, pending which motion was
carried.
=, Of the above, 900 was deposited by tha
treasurer within two days prior to the examina-
ton. as shown by the dates given: SO 900 was
deposited IN the Merchants National Bank,
whose president and'cashier were on the Treas
9rer pond as snrieties, on Nov. 16 1884, said
Jay pelng Sunday, from which Your minority
concludes that said dates are erroneous and
possibly made for the purpose of deceiyine your
committee and this General Assembly.
In number of the vouchers purporting to be
committee
ink appeared to be fresh, and the vouchers to
have been recently made Your minority was
not permitted to ask whether or not said vouch-
ers bore their true dates
OF the assets $74. 069 % consisted of county or
ders, as to the validity of which the committee
had no means of determining, all except $40, GOO
being long past due and unpaid.
AS to 81 069 % of them. the Treasurer said he
would willingly remit the interest if he could
get the principal, and your minority believe that
a ni1pf IF cr1or Sc ID, lee.
security.
Your minority are informed and believe, that
So 600 of the above, being the orders on Hamil
ton county. was sold by the Treasurer of said
county to the First National Bank Of Indianap.
oils, shortly after issued, and was delivered to
Cooper by the bank for some purpose unknown
to your minority. The order was not due until
Jan. Y. 1885, and is not, therefore, available as
cash assets.
The certificates of deposit shown to your COM
mittee in each case made to the cashiers of the
respective banks as payers, and Endorsed by them
in blank, and that there was no fact to indicate
that the Treasurer is the owner of them except
his own possession.
AS to the deposit of $50 900 in the Merchants
National Bank, the Endorsement upon the pack
age las examined by the members of the minor
ity upon the subcommittee to examine said de-
posits), the ink was fresh and the package APP
peared to have been recently marked.
AS to the 500 900 deposited in the Meridian
National Bank, your minority was informed
that the sum was recently borrowed from said
bank by one Franklin Landers and others. and
was not the property of the Treasurer at the
time it was examined, and such information was
reported to the committees but the committee
neither made nor ordered any investigation or
inquiry in respect to the information.
Your minority learned that $4,000 of the
funds of the State were deposited and lost in
Fletcher & Shapes Bank and $4,000 in Har-
,rson's Bank, which information was stated to.
the committee: but no inquiry was directed or
permitted by the majority in regard thereto.
The whole amount of cash exhibited to the
committee was only ST. 100 and all other suretes
and vouchers taken as above were taken by the
Treasurer in violation of law.
QUESTIONS WHICH WERE NOT ANSWERED.
Shortly after o'clock P. NJ. the committee
again met. and a subcommittee of three was
appointed to count the money special deposit
in the banks, after which the member from
Dearborn Immediately moved that the commit
tee adjourn until Tuesday evening. Your mi
nority asked the reason for such adjournment.
and was informed that the member from
Hancock desired to attend a caucus at 100
o'clock P. NJ lit then being P, NJ
Your minority requested rulingas to whether
any further questions might be asked q the
Treasurer (who was in attendance), and for
leave to read the questions prepared, but were
informed that motion to adjourn was
not debatable one, and the motion to adjourn
ity, therefore, left the room, leaving the majority
in consultation with the Treasurer, as to whose
conduct your committee was to inquire.
Among the remaining questions which your
minority proposed to ask and desired to read
were the following:
slave you deposited any of the States money
in any bank in the name of any other person
than yourself, and taken an assignment Of the
certificate of deposit to yourself in blankl
''When did you provide yourself with the
nd 0f hat
hibt to the committee?
with whose funds did you purchase the drafts
you have shown the committed
''Whose money is the $62 900 deposited on Jan.
81 1885, in the First National Bank, and from.
what source was it derivedl
care you indebted to the First National Bank
in any sum, directly or indirectly, WHICH can or
may become toff against the certificates YOU
have shown the committees
"Do the certificates Of deposits vow have
shown the committee bear their true dates2
"How did you obtain the two cashiers checks
for $4,000 each on the Meridian National
Bank?"
At the final meeting of the committee Feb g.,
the final report Of the committee was read by the
chairman who at the time stated that the ma
jority had already held caucus thereon, and iti
was adopted by the majority before any report
had been made by the subcommittee appointedf
to examine the special deposits in the various
banks. No report was at any time made by such
sub committee. The special deposits were at TO
time counted by the committee and no inquiry
was made as to the solvency of any bank, and
none made concerning any draft check certidt
cate or order.
From the above facts. we arrive with regre5
at the conclusion that the majority of the cota-
mittee were unwilling to permit any inquiries
whatever as to the real condition of the Treas
ury. and the ownership of the vouchers therein
We believe that a full investigation could have
been made in time very little exceeding thag
which the majority have used liz their efforts 10
prevent such investigation.
REMARKABLE FEATURES OF THE ASSETS.
We further call the attention of the General
Assembly to some remarkable facts which APP
pear upon the face of the assets shown, bat as
to which we were not permitted by the majority
to make any inquiries whatever.
Of the assets shown to the committee. S9O,0OO
was deposited by the Treasurer wITIILN TWO