The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-11-02
KELLY's MAN REPORTS.
Claims That Treasurer Is Not CUIpable
in Wichita Shortage.

Claims That Treasurer Is Not CUIpabIe
in Wichita Shortage.
H. E. Patterson. T. T. Kelly's pri-
vate accountant, has got out a defense
of Kelly on the Wichita bond shortage
of $500 1t is also claimed that L. .
the missing coupons were clipped be-
fore the bonds went into the possess
sion of the state treasurer.
Mr.. Patterson says nothing about
the Garden City shortage, nor the
Pratt shortages, nor any of the other
thirty or forty shortages. The Identity
of "A. R. Brown is still as mysteri-
Gus as ever. Mr.. Kelly has not told
to whom he paid the interest on the
Pratt township bonds-in fact he has
not claimed that he paid 1t TO any
one, although he collected it from the
fiscal agency at the same time he dld
the Garden City coupons.
If Mr.. PatterSOn'S explanation is cor
rect it clears UP $500 of the $31,3O411
thus far found against the state treas
ury. Patterson's clearance" report is
as follows:
ct I. Kelly, State Treasurer.
Dear Sir:-Referring to board of
education, Wichita, Kan, bond matter,
1 herewith hand you the record and
explanation of same in full:
Ion February 10, 1903, the school
commissioners bought bonds to the
amount of 200, issued by the board
of education of Wichita, Sedgwick
S1
was paid at the time of purchase. In
terest payable semi-annually May 70
and November %. The school COM
missioners> records show that these
bonds were purchased with the I'M
Outstanding that a sufficient amount of
first maturing coupons should be clip
ped from the bonds to equal the
amount of interest due up to the date
of delivery, which amounted to $2OO.
The interest due the state May 70,
1903, would be $500 less the coupons
above stated, $500, leaving balance
due for this period of $500 rms
amount has not been accounted for in
the annual school fund on the books
of the state treasurer.
Of the interest due November %, 1908,
amounting to $500, only $500 has been
accounted for in the annual school
fund by the state treasurer, leaving a
balance unaccounted for of 5000.
The following bonds were purchased;
Board of education of Wichita, Kan
ty years, bearing 4 per cent interest
and payable semi-annually. Bought at
par. clipping first matured sem1-annual
coupons and enough of second matur-
ing coupons to equal the accrued in
terest due up to the date of delivery |
which date shall hereafter appear on
record 500
Page 24o Current Register, February |
Board of education Wichita city. |
SedgwicIx county, bonds: Twenty-Five
bonds of $1,000 each numbered l to 25 |
inclusive. Dated May %, 1901 Interest |
payable May % and November %. Due |
May %, 1921. Bonds to 10 inclusive, |
fourteen coupons attached; bonds IL to |
Registered February 10, 1903. See book |
4, page 800.
These bonds are in the vault of the |
state treasurer: On bonds numbered L |
Coupons 1, 2, 8 and clipped before be-
ing deposited in this office" On bonds |
16 to 25 the notation reads, |
Coupons 1, 2. 3, and Clipped before
being deposited in this office"
There is attached to each of these
twenty-five bonds thirty-three coupons
to 40 inclusive.
There is also in your vault coupons
Z, due November %, 1904,
having been clipped for collection.
Coupons numbered 6, due May rs,
1904 were paid on receipt No. S51
and appear on cash book, with other
items. at page 14S. On day book III
with other items, at page PA, and
posted in ledger in annual school fund
at page 1876.
25, 1903. on bonds 1 to 10, inclusive,
to $500. were paid on re-
ceipt No. $50, under date of Novem-
Der 81, 1908; entered on cash book
same date at page 1870; on day book
I'll same date, at page 265, and from
this day book posted to annual school
fund at page 1874, ledger K
Inc coupons numbered QuS W.
vember Is, 1903. on bonds. 10 to %, in
elusive, amounting to $500. We're clip
ped from bonds as. were all the cou-
ponS numbered 4, due May 25, 1908, on
the full issue, as per the notation APP
pearing on the bonds and the resolu-
ton of the school commissioners quo
ted above.
Coupons numbered 3. due November
25 1902 coupons numbered 2 due May
25, 1902, coupons numbered l, due No
vember %. 1901, are coupons falling due
prior to the purchase by the commits
sioners on February 10, 1903.
This accounts for 40 coupons the full
quota of a 20-year Semi-annua1 inter-
est bond. This may be more fully uR-
derstood by the following table:
BOARD EDUCATION WICHITA BONDS
20 years. dated May Purchased Feb. 10,
%, 1901. 1903.
40 coupons, due May
Is, 1921.
Coupons No. /, due Clipped by original
Nov o. 1901 owner prior to
Coupons No: 2. due state ownership
May %, 1902.
Coupons No, 3, due
Nov. 25. 1902.
Coupons No. 4. due Clipped as per res
May Is, 1905 olution of school
C m s ST o n
ers. Currenet rec
ord. page -240
Coupons No: 5, duel$2oo in coupons off
elusive, clipped as
per resolution of
sene9i $500 eG in cou-
ponS off bonds l
to Is, inclusive,
paid Nov. 81. 1908.
on receipt No. 76G.
Coupons No. 6, due Paid on receipt No.
May .. 1904 S51. Jan. l, 1904
Coupons No. Z. due In vault but clipped
Nov. %, 1904. for collection.
Coupons No. s to 40, Now on bonds.