The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-06
STILL REGISTERING WARRANTS.
County Treasurer Lynn Has Made
Changes in His Stamp.


When The Herald stated that County
Treasurer Lynn would not refuse to.
register warrants presented by the
holders, Notwithstanding the order of
the county court it called the turn, bu-
however, and thereby relieves himself
CT any liability. All warrants are
registered as of yore. but on all war
rants whose number is below 11,O24,
that which is said to mark the limit
of the couuty's legal Indebtedness. the
treasurer PAGES the following stamp:
Register No. 90 presented for pay
ment. not paid, January ). 1895.
This Endorsement is not intended as
either affirming or denying the validity
OF the warrants. W. p. LYNN.
County Treasurer
Under the statutes the treasurer has
no right TO refuse registration 10 any
regularly issued warrants and those
whose numbers are above No 1924,
the line Of demarkati0n fixed by the
court when presented for registration.
are listed and stamped as follows:
NO. \ 90 presented for payment, Jan
nary ., 1898, not paid.
Registration refused pursuant to An
order of the county court, dated jan
nary 4. 1925
This Endorsement neither afT1rms or
denies the validity of this warrant
W. p. LYNN.
County Treasurer
The warning from the county court
that forbidden ground was being en-
croachsd upon, came too late u pre-
vent some Of The very recently issued
warrants from getting in on the regular
registration one of the high numbers
being 1901. There are quite num-
Der of these warrants above No Il, 02i
ion have in and qlfhnnor orb there
IS no earthly reason why such should
be the case, they are being purchased
at the former rates although the in
Vestors refuse 10 accept, at any price
any of the paper above the number
fixed as the limit by the court which
have not been registered. An unregis-
tered warrant above No. lI,024 IS just
as valuable as d registered one above
the same number ard the general
opinion is that all are equally valuable
where properly issued. Salt Lake
county cannot afford to invalidate the
paper already issued and never viii d.
so, if the opinion of the general tax
payers is to be taken as Indicative OF
the feelings of the powers that De
While it was unfortunate that the limit
was exceeded, if such should prove Il
be the case. il would be equally un
fortunate for this county to debase il.
paper. issued in many instances FOL
labor performed by poor men who Wer;
innocent OF any attempt to Illegally in
crease the debt Of the county. Their
again, there were the payments on tn,
joint building, the warrants Tor Which
We're in a number OF instances mum
bere6 higher than the prescribed limit
These payments We're on regular con
tracts and for materials and labor fur
nished in the completion OF the struc
, ture and it seems TO be childish to sun
pose that this paper is to be throw,
out for the simple reason that III
county court did not have the foresigh
TO make a thorough investigation. An,
then again, it IS argued that the war
rants are all legal no matter wha
number they Dear, the debt limit no
having yet been reached in the stric
sense of the law. Be all Of this as i
eAeRlay there is no denying the fact tina
Yhe holders of the high numbered pape
are considerably exercised over tn
situation and many of the buyers hav
retired from the field. A sale of 81,
worth Of the high numbered warrant
was yesterday made at 9S cents, how
ever.