Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1895-01-10

-Ne~#a a~
control. Ne b unable to pay his interest
aid action ID brought 10 set aside the con-
has he no rights which must be obserSed3
he Is q citizen of this state, interested
like each Of Us In this same school fund,
and 1 am sure you viii recognize The neces-
sity which exists Tor "a change Of this law.
Let IL be for the sure protection OF the
school FUND, aud at the same time do JUS
tee To the citizen.
1t would be wen II the law were more
specific, aud fixed the time at which the
land should be said to be delinquent for
non-pn yment Of Interest, ii is desirable
that now while we have such a large
amount OF unsold land, our laws regulating
Its control. and the use to be made OF the
proceeds should DO made as plan and as
perfect as shall be possible through the
exercise of your wisdom. strengthened by
the experience OF older states,
Section y, chapter 144. Session Laws,
1853, needs amendment by striking out the
word '~couaty" In the last line of said
section, and substituting therefor the words
state of South Dakota" ALI mortgages
are made In the name OF the state as mort
gaGee, and the sale ought to run to the
state.
Educationnl Institutions.
The report vi tAe reseuGs Oh education
herewith submitted will be found OF unusual
Interest. ia some SENSE "A ne" department.
has been taAen IA the s~OEGIuIIVut Oh our
higher institutions OF learning. Ihe ques-
ton arose carry IN the he o. the present
BOARD Or regents Us TO when IN the uIran-
Ing OF the constitution was The governing
board. The matter was referred to the
attorney general. His opinion was given
anu VIII be found In his report Ii Is OF
especial Interest In connection with this
question.
An unusual amount OF work has devolved
upon the regents during the past year.
giOwins out or the ETcudeufeld failure,
what is known as the Brookings College
difficulty, and II desire on their part to re-
1uce The financial management of the diff
tereat insL.1tlons to u business basis.
That there has been much OF unbusineSS-
Iihe management In the past connected
with our higher institutions Of learning
b well known TO those who have been ac-
quainted with the manage ment. Proper
attention has not heretofore been paid TO
appropriations and expenditures, that is to
say, the fiscal year has not been made to
settle It's own accounts. As a result, ac-
counts have been LETT over unpaid TO be
taken out OF subsequent appropriations,
appearing TO Increase the cost Of mainte-
nance for that period. The report of the
regents shows that a large sum paid In
the early part OF the fiscal year 1888, and
1894. and charged AS expenditures thereof,
was In liquidation of claims justly charge
abe 10 former years. II was the diScov-
cry OF these things and the determination
OF the board Of regents 10 hold each in
stitutiOn TO strict Accountability that led
10 apparent conflict in the case Of the
BrookinSs College. growing out OF the dual
eyshthi VI W hlhthlg "ulIu Y. ulNulS
has been. and always will be, found dis
astrous.
Up to August 3, 1893. Mr.. Joseph Frenden-
feld, OF Plankint"n. had been the treasurer
fund belonging to that college, and the
local fees collected for that and other
schools. On this day he resigned, being
short In his accounts about $l1, 900, caused
IN whole or In part by the failure Of the
bank at PlanklntOn. On August 4, Mr..
shannon, OF the board OF regents, ami Mt.
Larson. Of the trustees, as per appoint
ment OF their respective boards, secured a
1uI statement OF the amount OF the IiabIIi-
ties Of Mr.. Freudenfeld anil the funds OF all
descriptions In bis hands. In round numbers,
the balance for which Freu leufeid should
account was sll. 900. He turned over In
cash. drafts, checks and vouchers for which
he was entitled to credit. from which was
realize S2,4O0, leaving n shortage OF SO, 600.
Uuder the advice OF the attorney general,
suits were begun against Mr.. Freudeufeld
ana his bOndsmen for the balance, In
vestigatiOn disclosed that the treasure. was
hoi 'ggdiiy responsible for a considerable
part or these funds. Grave questions arose
as 10 the validity OF any part OF the bonds,
After much negotiation. very careful in
vestlgation OF the assets from which we
couId nope TO realize anything, end par
tc1llnr advice OF the attorney general as
10 the technical legal questions involved.
The committee accented on offer of the
bondsnen 10 pay $1,000 In cash. conditioned
thht the attorney general dismiss the suits
and abandon 10 the bondsmen any claim
IN the assets Of an assignment which Mr.,
Freudenfeld had made for the benefit OF His
creditors, The settlement was unanimously
approved. This leaves Mr.. FreudenfeId
morally indebted 10 the several schooIs
Si.SrO, and TO the state 60. 900. mokiny a
total Indebtedness Of s4,7On, which It IL
supposed he IL entirely unable to nav az
the $1,000 with which he IL credItad ~ +ba
sll,ooo for which he stood liable, SO. 600
mas been applied TO make good funds for
which the state IL rar9rSnd &c u,hiu :,
klful rnmntna Ia tina hnn1x "a -
awaiting the direction of the hoard Tho
entire shortage for which the state has any
ilabilty. Is now In one fund and amounts
10 $3.50 rms Is being provided for by
the savings accumulated from certain local
FUNDS from the agricultural college NOT
specifically appropriated by the legislatures
A large part OF this money Is now on hand
awaiting proper authority for its transfer
Appropriations and expodItnres for the
I'VE educational institutions Of the state
running from July /, 1892, to June 90. 1894
are as follows:
Appropriations. Expenditures.
Agricultural College ..S1442o Of si44GoO %
Macison Normal ...... 2 .212.94 26. 2O5. 63
ssr ns 1i m.nes;''.... 2p.SgtdS -
T3nivers'y at vermiiiiiion 4S.5s794 4 & eaa ~
expenses OF Regents. 2,100.52 2.laS.57
Expenses OF Trustees. 3,079.T 1861 10
Balance covered back
TO treasury .,...... 80 S36 40
Making a total appropriation Of Sl36. S4I. 46,
and expenditures to the same amount.
These appropriations and expenditures
are given for each year In the report of
the regents and are worthy OF your care
ful attention. The appropriations for the
current year 10 end June 80. 1875. amount
Iry to SI3,221, gives to the agricultural
COLLAGE $40. to the Madison normal
Sl3.2Jo; 10 the Spearish normal. SI3, $50:
TO the school OF mines, sl0G2j. to the uni
yerstty, S25.a10; for expenses Of regents,
sl.1S: for expenses Of trustees. 81. go.
No part Of these appropriations are for
permanent improvements, and the detailed
plan OF the board of regents nlcd I'm the
ONCE or the secretary, and understood by
the executive officers of the schools con-
templates n return Of $1,000 Of the money
to the treasurer NJ the close Of the year,
In addition to the $500 already reverted
for the biennial period covered by their
report
The total student enrolment of the
schools for the year ending June so. 1879.
was 9il. For the year ending June 30. 1894,
8I7. Divided among the schools as follows:
1928. 1894.
Agricultural College ............ ,2O3 243
Madison Normal 1888 300
SphapI ~ Mines 10 %