The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-05-14
MR.. KINNARD'S VINDIOATION.
Returns Overpafd Monies to the
State


Hugh Kinnard of Newark yesterday
sent the following letter and report and
his check for s20l.91 to the State Treas
urer, George B. Swain. at Trenton:-
George B. Swain. Esq, Treasurer of the
State of New Jersey:
Dear Sir-Having caused an exhaustive
examination to be made of the account
of the State of New Jersey with H. Kin
nard & Co., I transmit herewith the re-
port of the expert accountant employed
by me for this purpose.
1t is a case of extreme modification to
me to find frcan this report that II. Kin
nard & Co. appears to have been over
paid by the State the sum of $201.91
While I feel certain that there is an
honorable explanation for this discrep-
ancy, I am compelled to admit that my
accounts have been kept in such a way
as to compel me to accept the result.
therefore enclose my check for $201.91,
with the assurance that if that if there
aas been wrong-doing in this matter, it
was without my knowledge or con-
nivance. Yours. very truly,
HUGH KINNARD.
THE EXPERTS REPORT
hereby certify that am an expert
accountant and in no way connected
with Hugh Kinnard, except in having
made an examination by his direction
cf the books of account of H. K.nnard
& Co., particularly as they relate to
dealings with the State of New Jersey
[ find his books to have been kept in a
very unsystematic maner The original
entries of charges appear in a day
book" and are in the form ofL daily
memorandums of the names of men en-
gagged in the work and the amount of
material used. From the original entry
of charges to the State of New Jersey
in this book, have drawn off seven state
ments to correspond IN date with the
checks received from the State. I have
made extensions at the current rate of
the total of each bill | have by Mr..
Kinnard's direction added 10 per cent as
a charge for his personal supervision of
1 present herewith summary of these
statements and of amounts paid by the
State By this summary it appears that
sum sl * Of $2oi.si This '@ summary | Certify
to be correct and true, and to be based
upon the original entries. the charges
having been verified by me as being at
the current rate for similar work done
for private customers.
My attention having been drawn in
particular to a public statement that no
items of original entry appeared for the
bill for s4.262.4 paid by the State, Janu-
ary II, 1894. | certify that the original
Items IOr Ln-S Dill are sIOuHu OIL pages
393 to 403 of the day book, and are en-
tered in the same form and handwriting
as all other charges covering the same
PERIOD and I certify that they are un-
mistakably original entries.
My attention has been further drawn
to the public statement that the original
entries of charge against Cough & Co.
have been transferred to, and, in fact,
paid by the State. A thorough exami-
nation shows this statement to be in
error and that this account is still, in
fact, unsettled.
(Signed.) JOHN. C. YOUNG,
Public Accountant.
Mr. Kinnard has been i'll most of the
time since the disclosures at Trenton
before the Senate Investigating Commit
tee and is still far from we'll. Nothing
has been heard from Martin, the man
who conducted the !! business Y and upon
bills and payments rested. The condi-
ton of the books showed that Martin
ran everything to suit himself in the
matter of money, and profted very
largely thereby.