The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1890-03-29

however, demonstrate that Mr.. |
Hemingway took proper credit
for each item, including the items
of bonds and coupons.
The receipt 10 Holland BY Hem
ingway docsnot identify the bonds
pail by Holland. We have as
c@rialned from the books and
laws. what amount Of hopds (und
the particular bonds), were due
and outstanding January l, 1876
The books show Hemingway
subsequently credited hlmseif
with all of these bonds, cxcep.
four bonds of the Act of 1874,
"Series B, of the denomination
of 800 each, and one bord the
same Act aud series OF the denoml-
nation Of $50.
A table, herewith filed, marked
Statement No. -, SHOWS the
bonds due and outstanding Jan,
uary +, 1876, go nomlne, a.d the
dates when same were credited TO
Hemingway, aud also the lnGen-
! tical bonds now outstanding.
There being only 1854, 200 of
bonds which could possibly be
debiieG to the treasury, upon the
day Hemingway took charge, and
he being credited with all of these
!
indentical bonds, except the
$3.50 90 above referred to, we sub
mt, the credits, necessarily in
cluded the bonds delivered to hlm
by his predecessor. as "pald and
not audited" We resnecstully
refer your ExcellencY to the print
ed report of Treasurer Heming-
! way Of the transactions for the
yeal 1876, page 26, whore IS
! made Il detailed and ltemlzed state
meht Of the character of current
funds composing the bllance IN
tho treasury Jan. lst, 1877, and
the bond item contained III like
statement for the year previous,
IS omitted, thus demons trating
that the bonds were properly
: credited during the first year of
. hls mcumbency.
Tins conclusion Is further
! strengthened and verified by :
memorandum, found upon the
files of the Treasurer ofiice anc
e identified BY Col. Hemingway
and G. +. Hemingway a. the
work of Mr.. j. H. Nelson, che
= clerk Of Treasurer Hemingway
The original Is filed with this re-
| port and marked "Exhibit A..
! A Discussion of the disclosure:
which appear to us, are contanet
= in this memorandum. we oecm
s pertinent and proper. 1t is there
shown:
Z Bonds paid by Holland up
to Jan. It'll, 1876, .,..... s 1913, 45O 0
1 Bonds paid to March lst by
Hemingway. y............. ll,5O0 y
5, Bonds paid 4 March. ...... l,SOO 9
since. ......... 100
t. " March 2S.... l,050 {
4 Total. S 1877, 400 0
These figures are summed IN
J. marginal note on the origIna
memorandum, verifyIngthe total
I The books of the treasury show
that Mr.. Hemingway ,on May 3lst
1876, was credited with 1854
ID $50 90 on account of bonds pal
tie and cancelled, $227,150 90 {
$ which were paid by the issuanc
~ of like amount of bonds due an
payable January lst, 1896, an
m known as the "Agrlcultural Co
lege Fund" If we deduct IL
he College bonds, cancelled and r.
o, funded, from the amount of bont
IL credited upon this day, we find IL
he balance credited $l37 400 o.
G. the exact amount of bonds f
'rt which he recelpted Holland, j
ls. CT leased by the amount of bon
nd due January 1st. 1876, and cal
he ceIled by Hemingway up to al
all including May 31st, 1876. Th
IRE memorandum was filed with, al
* was a part of general stateme
ior of the bond account for Janua
ed LIST, 1876, and dated May BOT
A 1876. Being made at the tim
lth we deem 1t material and comp
tent evidence, that the bon
M turned over to Hemingway
be Holland were properly taken ere
he it for by Hemingway May 81
1876, and do not form any pl
Of the balance in the treasu
B oC January 1st, 1890.
; 90 To establish, il possible. t
!" correctness of Treasurer Hel
90 ingway's administration, we ha
, oo left no stone unturned, but WI
this cumulatIon ofabsolute pro,
9 90 we were forced TO see that
I I Is IS item of "bonds paid and not {
Ionl dIted'' could not be deduct
ms, from the balance which he repo
lon to be due January lst, 1890.
of The next item of s'coapons P