The Portland daily press., 1888-01-21
MR.. BURLEIcH's ACCOUNTS.
Report of the Examining Committee
to the Governor and Council.

AUGUSTA, Jan. 2O.-The committee ap-
pointed to examine the yearly accounts OF
the State Treasurer make the following re-
port:
To the Honorable Governor and Executive Coa'l-
ell:
The committee appointed by the Governor and
Council under authority OF section II, chapter z,
Revised Statutes TO examine the accounts OF the
State Treasurer, as embodied in his annual re-
port for the year ending Dec 81, 1887, nave care
fully examined the books in the Office OF the State
Treasurer and found them correctly cast anu
properly youched.
His statement and account of receipt and ex-
penditure OF the public money for SAID year as
The amount of cash on hand at the close OF the
year was 1912 ,2SS.03. OF this sum- S3o5, ,43l "a
was on deposit in several reliable banks within
the State In the Suffolk National Bank of Boston,
and So 1856 90 in the Office of the Treasurer. The
State received interest on its deposit in banks out
of the State, the revenue from that source laSt
year amounted to the sum of 81 ,560.63.
The committee in compliance with law de-
stroyed by burning In the presence Of the treas,
urer all coupons paid by the State Treasurer on
account of the public debt during the year 1887;
amounting to the sum of S175,512Oo, as charged
on his books exclusive Oh ter pinb re
on file in his office. The committee also destroyed
in like manner all bonds and coupons thereto
attached that were converted into registered
bonds by the State Treasurer during the year,
amounting to S146,0u0.00, together with regis
tered bonds received by him for reissue amount
count, as represented on the State
Treasurer's books January !, 1887, Sa1is smount,
ed to s2,11o,39o.57. Chapter 4S, Sections ,as
sinking fund and requires that all State OF Maine
bonds had therein by the State Treasurer be de-
stroyed in the presence OF the committee appoint mt
Treasurer's accounts for 1887. In compliance
with Sec. of said act all State of Maine bonds
ing to the sum of 81 162 900 were destroyed by
burning In the presence of the committee. A rec
ord of the number and amount OF each pond des-
troyed is filed in the Ireasurers ONCE Inc COM
mittee also destroyed in a like manner, state OF
Maine bonds purchased during the year 1887,
amounting to the sum OF $4,000; record Oh me T.
same and the number and amount OF each bond is
filed in the Treasurer's office. The securities
outside of the State remaining in the sinking fund
ined and found to agree with the Treasurer's
statement of that fund. The committee find In
hands of the State Treasurer, trust funds deposit
ted by the Union Mutual Life Insurance company
as required by Chap. 49,Sec 81 Revised Statutes;
for the benefit Of all policy holders in said
company ooo amounting the same SSe to be
invested in United States and city Of Portland
registered bonds. They also find in charge OF the
State Treasurer trust funds held for the benelt Of
the Agricultural College, amounting to the sum OF
S1lS, 300, invested in State of Maine bonds Inc
following Associations in conformity to law have
deposited with the State treasurer for the benefit
divided as follows, VIZ: Maine Benent Assocla-
tion, s26, ,967 .23; .Provident Aid Association,
S933.40; Maine Mutual Accident Association.
$1,000; Dirigo Mutual Accident Association, Sl35;
The securities of each on deposit were examined
and found to agree in character and amount as
shown by the State Treasurer in his report. The
present efficient treasurer has during the past
three years made several valuable changes In the
books of his Office and in the mode of keeping the
accounts of his department which greatly assists
the examining committee in their work, as pa.
pers and vouchers pertaining to the business OF
the Office were properly filed and numbered. The
committee in the discharge of their official work
acknowledge valuable aid from the State Treas
urer and from his competent clerks.
Respectfully submitted,
s. q. HATCH,
A. II. BIXBY,
ELLIOTT WOOD, fCommittee
GEO. NJ. WARREN,
THOs. w. PORTER,