The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-08-18

/ him 10 csms 70 me when he wanted 10 pay
the note and not go 70 the teller or The
MIN INV Intercs, an those notes. In an
my experience 81 twenty years With tic
treasury depar.m state treasurer has
never received ! cert feE g'ylng me O1s'
/ .. What Was the business relation lie.
! tween the bank and Mr.. Robbins with
reference TO The hank handling these col
4. Just the sane thing tnat has obtained
! during the terms Of Governor Lubbock
and myself as treasurer. ~ 1874 this land
| business began, and, Of course, amounted
Z to very little. u began 10 get heavier aud
\ the rule was about thIsi For Instance. IL
usually allowed thirty DAYS for collection,
| which gave us until about the LIST Of 0c-
! toher. II was nothing unusual for the
months receipts to amount TO Sl9ooOO and
o. What was the business understanding
4 between the bank and AIR. Rohbins with
| reference TO the manner OF depositug these
4. Mr., Robbins would send the checks
| down With his pass book and they would
be entered TO his credit ~ a check was
for credit, but the others remained TO his
credit.
| Q. About what was. the average deposit
| In the bank per monthly
A. The amount OF these checks that had
| been converted into cash every thirty days
was about $ta0o0o. usually made pay
ments TO him every twenty or thirty or
forty days OF 100000 and Of different
amounts, sometimes not more than $780,
| COO.
q When we're the two notes gwen by
K. one Was given about six or seven
months ago and the other aoout a month
Q. Had he ever borrowed money from
4 the bank befcrey
"a. No, sir.
Q. Do YOU know what the average daily
balance with the State Treasurer wasf
A. II would be hard 20 estimate that
Along about August a great many ~ the
annual payments are due and the money
begins 70 come In In June and July fer
the August payments. Under the oid Jaw
they used to be due March
q, How often did You balance with the
A. Every once in a while We would catch
up. Whenever we would have a lot or
money on hand we would send some up 10
o. Did Mr. Robbins ever ask you to
send him some money!
A. Once or twice he would ask me to
watch tue account, In the last two Years
ne has asked me two or three times. The
last time be asked me was abaut SIX
@. How much money could Mr.. Robbins
have received fromsthe bank cu ne "a OF
Augustf $1,000,
any trouble, On the Isl OF Angist we
had over 100000 dollars in he ,tult
o. A great deal OF the money taken 70
the treasury would he ia warrants Nouia
A. I'VE would save up warrants aud when
we got n batch we would pa NJ Rlholn :
with them The warrants W re- JUS tao
same as cash. Had been here on the
7 Isl OF August that halnnce would nave peen
! SlOO. 600 10 S1bO.O0O less than u is. a..
ways attended to this accom- aud wptchtd
@ wat benefit does the bank derive
from the states nccougtf
A. The account during the summer
months is an expense - any hA r.. e
principally benefits a bank "a advert surg.
- the winter time and during The coo, ON
senson frequently $4,000 10 $4,000 go e. s
money in other banks Is ustd n Nc1aigo
and there is whore the banks 81 even
Some banks do not want tae S.Rtes blsi
I ness In our bank stat M mt you VII
rotice that we carried M ~ money than
. count OF the states depcsit We never
had any understanding wiz Mr. Kobbins
to keep Il certain amount OF m MY IA We
bank II Mr.. Robbins md drawn ON tht
thanl for the balance NJ his deposit On the
Isl of August he could have g'tten every
cent
Il. C. Roberdead, reeailed, made the fol
Question. WHAT was yopr deposit In th'
, bank on the 10th day OF March
! Answer. ON the sih OF Marcl was
s25Lu4Aso. We did not deposit anything
, 40 the 10th Of March.
q. State the method OF getting the DC
post warrant from the cemptrolltr
a. the treasurtr Issues tbese lind re
I cclpts during the nonih from ufN 70 uhl
\ | On the superstition that the drafts ant
4 checks hnye been paid II check Is 70
raid he is notiied. AT the en- OF th'
7 month these receipts issued on interest o.
! lends the treasurer asks for a depQsi
4 vibrant IRON the comptroller, taking ~
OF them In lump sum. IL writeA Jet
! Ter TO the comptroller ask ng Tor hest
deposit warrants. Following h,s usual G =
tom he wrote the same letter on tae -
, August 70 the comptroller Mr.. Wortnu
! | was not In the city, aud the hank iC
: not send mp any money as hey nsually dl,
{ on the list Of the month, In other words
= the comptrollers account now shows tina
: Tho treasurer has actually the money "
the vault when i Is N the bank, NJ
g Robbins charged himself WIN the none!
+ o. Why did not Mr. Robbins get III,
t money from the bank when he knew 1t wal
! a, have never known MIR. Robbins u
/ go to the bank and tell them % send ~
ba up oN gSs a o r nDsen
Money mon was in the bank at the time, bH
! was not charged mp and the comptrolle
7 did not know anything abous II unfll IN
q treasurer notifies him and makss requlsl
tlor for a deposit warrant mean IN
n | difference between the money reported b.
4 the comptroller and the money in III
bank.
: i've cnminittee counted the cash unlin
= The last regular session that the bark sen
IN all of the balance Qua the treasurer
= / a.
h In the ordinary way, and we 81 not uaY
Y any money hauled mp for the purpose o
9 balancing this c8sh so That the leglslatty
committee could count H.
L w. stephens, chief bookkeeper In III
comptroler's Office, made the following
g Question. The committee would like t
know the method BY walch you Charge
: the State treasurer With his collections.
Answer All charges OF mat kind ar
made from my warrant stub book just Ia
y same IA tnx collectors. As 1 itndefst1l
II the land sales and leas X. the aceoun
OF occupation taxes, such as license 81
y Telephone lines and Insurance companies
are received by the treasurtr. and he tiis
e asks for a deposit warrant from the conn
froller aud from my stubs In the dep lsi
S, warrant book / make all OF my entries
I charge the account and he credits 10.
[ O Does the treasurer make applieauo
q for a deposit warrant
" A. Yes, sir.
O You have no way OF knowing wheti
a e. he has any money IN tue treasury
n the credit Of these accounts have yeul
le a. At the close Of the quarter we ehec
n up and then / go through the entire wor
N Oh tae quarter. In fnet, hs makes siut
i lquarterly statement ana submits 1t 10 Ia
~ Comptroller. The comptroller has ma
I. and tho treasurer has a man. Ineae ~