The Aberdeen Democrat. (Aberdeen, South Dakota) 1???-1909, 1904-09-23
WHY DISREGARD TIE Law
tabual Non compliance in this County With Statutori
Restrictions Intended to Safeguard Public Money
Certain Fees as Well as ntres on Large Deposits Should
60 into the The Treasury to Reduce Faxes

Why should the treasurer of Brown
county disregard the plain provisions /
of law which the lawmakers of the
state have seen fit to enact, to safe
guard the peoples money? The peo-
pie should not let go without protest
the habitual disregard of legal re-
straints prescribing the official con-
duct of their public servants. Every
statement made below can be sub
stantiated by the best evidence known
to courts, the public records and YOU
chers
The County Treasurer's bond in and
for Brown county is $100OO000. And
the amount of money held on deposit
in the various bank repositories fire.
quently exceeds that amount by from
$20,ooo,0o to s50,oOo.00. While the
amount of the treasurer's bond ought
at all times to be at least twice the
amount of the public monies he has
on deposit.
Z See Sec. 354 of the Revised Code Of
South Dakota of 1903, to-wit:
1854 The bond of the county
treasurer shall be in such sum as may
be fixed by the board of county COM
missioners and the county treasurer
shall not have more money in his
Office at any one time than one-haf
the amount of his bond and it shall
of +6o
time to time to examine the daily bal
ance of the county treasurer for the
purpose of ascertaining the amount
kept on hand"
At the present time and for at least
two years prior thereto, it has been
the practice of the county treasurer
to draw money out Of the county bank
repositories on his individual check
for all purposes. not endorsed by the
county auditor, although the law ap-
plicable thereto requires that all such
checks shall be countersigned BY the
auditor.
See Sec. 349 Revised Code of South
Dakota of 1903, to-wit:
.'349. The county treasurer Of each
and every county in this state shall
deposit, and at all times keep on de
post for safe keeping in state, private
or national banks doing business il
this state and of approved and re
sponsible standing, the amount o.
money in his hand belonging to tht
several funds of the county treasurer
Any of such banks may apply for thu
privilege of keeping such funds, upol
J. the, following conditions, and shal
state in the application the rate o
interest they will pay on such deposit
and the amount of money desired.
y First. All money shall be deposite'
in the name of the treasurer as count,
treasurer, and for all such deposits b.
shall take a receipt in duplicate, on
to be retained in his Office and tn
other filed forthwith with the count
auditor, who shall enter the amour
in a book kept for that purpose; an
all checks drawn against such de
book by the auditor, before delivery {
r the treasurer, which said book shall b
kept in such manner as to show q
all times the amount of money on d.
posit with said bank or bankers. a
such deposits shall be subjected
335 payment when demand by the count
treasurer on his check, countersigne
by the county auditor, and all bank
receiving and holding such deposit
as aforesaid shall be required to pa
to the county for the privilege Of kee
ing such deposits, interest amour
ing to not less thah two ner cent an
not more than four per cent per Al
mum upon the amount 50 deposite
as hereinafter provided, and subje'
always to such regulations as are II
posed by law. and such rules as ms
1e adopted by the board Of coun1
commissioners for holding and i
ceiving such deposits; and the sa
board of county commissioners sha
have the right to reject any and q
applications, PROVIDED, that if Il
board Of county commissioners at al
time after having made such design
tion, for good and suficient ca,.s
deem the security given insufacie.
they may require q new bond and IL
their opinion the public interest
quires, they may vacate. revoke
modify their designation. Of a depe
;ss