The Montgomery advertiser., 1901-07-09
UNIVERSITY ACCOUNTS
EXAMINER WOODS REPORTS UP-
 ON HIS INVESTIGATION.
He Compliments Businssslike Man agement of the Institution-Book of President Treasurer and
 ouartermaster Examined.


 The Executive Department yesterday made public the following report or Col. M. L., Woods, Assistant Examiner of Public Accounts upon the result of his inyestigation of the books and ac- counts of the officers of the State Uni- versity.
 Montgomery, July 6. Hon. W. D. Jelks. Governor of Ala
 bama.
 Sir-In obedience to your order. l have examined the books. accounts and vouchers of the President, Treas urer and Quartermaster of the Univer- sity of Alabama.
 The receipts of the University are paid to the Treasurer and his books show the source of every cent received by him. The receipts are placed by him to the credit of the different funds or accounts to which they belong, Tor instance the University Fund. "Cadet Fund" Land Fund.-" Investment Fund" etc. The receipts are derived nearly altogether from the State, land leases and the patrons of the Univer- sity. The receipts from the last source named are received by the Treasurer and credited to the proper account by him upon the order of the President. for which purpose a blank order with stub. admirably adapted to the pur- pose, is used by the President. The money is disbursed by the Treasurer upon vouchers, approved by the Pres- ident as provided by law.
 I was furnished by the State Audi tor, the Treasurer's receipts for the money received by him from the State. had the books. accounts and vouch- CTS of the President. Treasurer and -H &hA rrfx compared and kept all these from March 17, 1900. the date of the last examina- tion by this office. to June 13, 1901, and found that the Treasurer had charged himself with all the money received by him during that period. and that for the amounts disbursed by him he had vouchers properly approved by the President.
 The Treasurers books were balanced and accounts rendered June 13. 1901. That day the following sums were to the credit of the following accounts: University Fund. .. ..........$ S77.87 Cadet Fund. .. ............. 1,2S2.74 Land Fund. .. .. ............ 199. 10 Investment Fund Alabama oonds) $s0O.. ........ 32S.9o Bryan Fund.. ZoU. .VU Messrs. J. H. Fftts & Co.,, with whom the Treasurer deposits the funds of the University, certified that the above amounts were to his credit on that day.
 I examined the accounts of Eli Ab- bot Quartermaster for the University for the same period and found them correct. I found, however that while checking the accounts of parties, from whom purchases had been made, 1t ap- peared that MT. Abbot had discovered and caused to be corrected errors through which very considerable sums had been saved to the University, he had overlooked two or three very small errors all of which amounts to sum scarcely worth noticing but which i'll be corrected and settled.
 was requested by Dr. James K. Powers. who retired from the Presi- dency of the University, July ], 1901, to check the books to that date, which I did and found them correct. did not. however find it necessary or prop CT to have the balances on that day brought.
 It affords me pleasure 10 commend the careful and businesslike manner in which the books and the accounts of the University have been kept. It was an easy matter to ascertain definitely the source of all receipts and every disbursement was accompanied hy a voucher which clearly showed the pun . pose and for what account it was made. Most respectfully submittd,
 Michael l.. Woods, Asst Examiner of Public Accounts.