New Ulm review., 1895-05-22

aI asdinst the city, to designata
account SO audited and adjusted fha na anu
tieniar fund out OF which the same shall
nor adjusted BY him until there shall ba
sufiiciest moneys to the credit of the mar.
ticnlar fund out of which the same is pay-
claims before that time audited. ad1usIed
OF allowed against such fund.- and no
claims whatsoever shall be reported to,
same shall have been audited and adiusted
by the city controller, as in this section.
provided.
the Office of city controller does nor erist
under this act, the duties imposed mon
the city controller by the terms of this
act a snaH !. pc performed by the city clerk
Sec SO. REPORTS TO STATE Au-
DaIoK; dnno The e controller e of each city shall
OF the fiscal year. report to the state
auditor in writing, showing the receipts
ana disbursements on account of each fund
and an, IN each department of the city, and
the condition of each of the city funds
and the amount of bonds outstanding at
the close OF such fiscal year. The state
least thirty days before the close of the
fiscal wear blanks upon which such state
ments shall be made, and the controller
and in accordance with such blanks.
CHAPTER v.
FINANCES -DUTIES. OF TREASURER.
OF FINANCES. The city treasurer shall
give a bond in amount double that of all
moneys likely to be in his control at any
time. to be- executed by at least four (D
sureties, who shall justify in an aggregate
amount equal to the penal amount of the
city counc ed and Ie reeorded IN the
office of the city controller and shall he
conditioned Y. for he safe keeping Of all
possession, and for the faithful perform
ance of his duty, and the record of such
bond, as we'll as the original, shall be evil
Of 90 -
+rse See e;, 81: BE, RECElvE @ ALL IL MONEYS The
and shall keep accurate and detailed ac-
counts thereof and in cities Of 10000 pop
ulatoa sha Il Or or more he shall be entitled to and
Shal! demand and receive of the treasurer
OF the county wherein such city is located
on on the tenth business day of each month
all moneys which Shall have been paid to
month preceding for taxes, assessments
and interests and penalties thereon on ac-
the city or for any local Improvement.
Sec So 70 APPORTION AND DEPOS-
1T ALL II - MONEYS RECEIVED. The treas
urer rel saah shall upon receipt Of any moneys on
any, any such account. or upon any such set
varous d o Gse the the
It the same in the name Of the city, sub
]ect to the order of the, treasurer in, the
,,'i!ouS uSpOslLiOIlcS WHICH Sudll nave Deen
doing shall not deposit with any such de-
n}onsterx }n to y, an amount il excess Of .onehalf
such depository, and all interest that may
accrue to any such moneys shall be credit
ed to the current expense fund.
RANIS. He shall pay money out of the
city treasury, except for principal and in
terest @ OF bonds and certificates Of indebt-
me same having been first authorized by
the city council, which warrants shall spec
ify the purpose for which they are drawn
ana the fund out Of which, and the person
to whom they are payable; and he shall.
anV Mnen arerted SO o. to do pay employees OF
and upon the payment or receipt by him Of
any any such warrant he shall cancel and file
the same, and it shall not be again issued;
ana ne snail keep separately warrants
drawn upon each particular fund; provided,
tnat no ordnance, warrant or order of tho
city council or of any officer, board or de-
partment of any city shall have any power
or authority to authorize the city treasurer
TO- to-, divert 4 any separate, funds or money
| same were estimated levied, collected and
credited, as aforesaid, or to borrow and
transfer any balance or portion of one of
of another fund, except in the purchase Of
! certificates as by this act provided.
Sec: s. To MAKE REPORTS TO THE
monthly statements to the city council and
to each board or department having control
fund nn OF the ne and
trolled by the city council or such board
or department. respectively, and a state
ment OF. the amount Of money. in the vari-
GUS funds deposited with each depository
and In his hands. He shall manage all
moneys in the interest Of the city, and shall
J sistent with their safe keeping. but shall
not POSTPONE or defer any payment after
the same becomes due in order to secure
interest. He shall, whenever he shall deem
the public interest to so require and when
ever notified so to do by the city council,
withdraw all funds from any depository.
and notify the city council thereof, and
shall thenceforth deposit no more therein
until directed SO to DO by the city council.
Sec. So: BANKS OR TRUST COMPAN-
les MAY BECOME REPOSITORIES. Any
bank or trust company. having it's principal
place OF business IN this state may be des-
ignated as depository Of the moneys in
the city treasury as hereinbefore provided;
and when SO designated shall execute to
me .ne clty dcs,ia oond IN douDle me amount It
wnlch snalt also De executed Dy nve 92) or
more sureties' none OF Whom shall be
actlns once ol1lcerS or sGch 1; pa bank or trust com
pany who o,,s shall M justify ,t in an an g aggregate
| amount double the penalty or the bond,
condltloned e 1or me sate Keeping and pay
ns thereon III nf wcb Pond hi
proved by the city council Such bonds
shall pc nled ana recorded IN the Office OF
so TO Gay do bV he cf aM sn TeaHpe
,, So ~ ~ uy .he eitS cpunSl @ SuGh ueposllory
in sital - i4lhiSn hn new noiu anu other sure,
1les t TO oe dh aikewlse approvGd' ana the record
sa nr +f pc evipence nee OF Inc c9ntemts @ ana sSeGu-
od 81 th a trooS,,rar e sho, b III tne
WHY INV ~, s'1cb dnnns;+or @ pI uGPoslIpd
dad s Ky fr"asrre ond as ,netia pro
hu ons t honG shall % ho hs upon
inh;IitV hv reason of tba ines inn nf saia az
mnneVs while SO Gnnoe;ted i'ss VI saio
Sec 81 Af GESERbT FT4ND rboro sbo,,
he ma;nta;ned n The c;tv treasnrv f,,ni funa
to be designated az the General FIND into into
when 1l silili De palu lll moneys not specih-