The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1901-04-20


designate such banks within this state
as they deem necessary in which the
public moneys of this state may be de.
pesslted, as in this act provdneu.
before it shall be entitled to receive any
money belonging to this state on deposit,
shall present to said board Of deposit a
board Of deposit. oond aRe for the the
payment upon demand to the treasurer
Change at any place in this state desdg-
mated by him, Of all moneys belonging
to the state deposited with it at amy time,
while said bond shall be in force, with
such bond be a personal ONE there shall
be not less than five suratieb, who are
residents and freeholders of the State
worth, above his debts and liabilities, in
Authenticated property situated within
this state, and not exempt from execu-
$4,000. and said sureties Shall together
be worth in such unineunlbared and IN
exempt property at least double the
amount of the penalty of said bond. Each
upon said bond show himself to be quail
fled as a surety herein provided. Said
bond when so approved shall be deposited
with and safely kept by the state treas
urer.
Sec. 3. The state treasurer may in his
o1hclai name place With any depository
so designated, which has complied with
lie moneys In ms hands or under his Of
hclal oontrol, not exceeding the hrndt
hereinafter provided, and any money so
the State of Minnesota, and for the col
lection thereof the state shall at all times
be preferred creditor both as to Said
state treasurer shall not be further liable
for the safe keeping of amy such money
while so in said depository. NOR until the
same is restored into his custody in the
treasury of said state
Sec. 4. The amount on deposit at amy
time with any state depository shall not
exceed the amount designated by said
exceed one-half the PENALTY of the bond
filed In ccordance with this act; unless
the amount that may be deposited Is
designated by said board, no deposit shall
Of such depository.
Sec 8. Said board Of deposit shall
not ,; approve the bond OF any SUCH bans
bond is good and sufficient; that sucl,
bank is prosperous and financially sound,
and a. that the capital stock Grained by ii
f t bs ga1 Of up g sd mot pa sx And
require any state depository to furnish
a new or addd thomal bond, and may at
any time revoke their designation and
oopPAoStaA " Gully oldLe OSrpUSUlOuIy1 d1lu
Immediately upon such revocation such
depository shall cease to be a depository,
and the Treasurer shall immediately with
draw all public moneys therefrom.
Sec. g. Any person who shall give, pay
or render on promise to give, pay on rem
der to the state treasurer or any other
person having the custody or control of
any of the public moneys Of this state,
any credit, service or beneft whatsoever,
for the purpose Of Inducing or in con:
sideration Of the deposit, loan or for
this state, shall be guilty of the crime of
bribery, or an attempt to commit the
crime of burberry, and shall be punished
any prosecution under this section MO
witness shall be excused from answering
any question on the ground THAT his am
EWer may tend to crirnanate himself or
but no testimony SO given shall in amy
manner be- used against the person SO
testifying In any other criminal prose-
eution, except, the prosecution 6or per-
jury committed In giving such testimony.
Seq 7. The board OF deposit Is hereby
authorized, when by 1T deemed neces-
ing amy state money ON deposit, or amy
surety on a. bond of such state deposit
DRY, to furnish a sworn statement of its
or his financial condition, and amy neg
surety TO furnish such verified statement
within a reasonable time shall coussti-
trte ground for the revocation of tine
designation and approval of such depos-
TORY, and II any such depository make
any false sta te1nent OF dts financial con-
dtticn to said board Of deposit i'm re-
Spouse to any such inquiry, or If any
surety on the bond Of any depository,
either In hts aff1davdt Cur julstif1 cation on
said bond, or In response to amy such in
curry by said board, or otherwise, mis-,
represents or makes amy false statement
as to his true financial condition and
ability, the officers or members of s1L:a1
depository making such false financial
such nisr representation or false state
nlent as to his financial condition, shall
each be deemed guilty of the crime OF
fraud in handling the public moneys Oh
this state, and upon conviction thereof
shall each be punished by imprisonment
in the county jail Of the county where
amy such false statement Is made for a
period mot exceeding ono year.
Sec. 8. All acts or parts Of acts incon
sistent with this act are hereby repealed
a Sec. 8. This act shall take effect anl6
be in force from and after dts passage
Approved April 4, 1901
CHAPTER 141-H. r. NO. 634.
AN ACT to authorize rthe settlement anx
discharge of special assessments foa
benefits In certain cases, in cities o.
over fifty thousand Inhabitants.
Be it enacted by the Legislature OF the
State Of Minnesota:
Section l. In cities OF this state hav
ing a population of over fifty Thousand
(5OO0O Inhabitants the board of park