The sun., 1905-09-15
INDIANA'S AUDITOR SHORT.
SHERRECK, S1z6,OOO IN DEFAULT.
REMOVED BY GOVERNOR.


Msnths Ago and vainly Tried 70 Fsrce
the Auditor to Make Up tho Shortage
NE II Bouded for 900 900.
INDIANAPOLIS, Sept. A.--David E. Sher-
riok, who was elected Auditor Of this State
In lso2 and reelected in 1904. has resigned
his Office at the demand OF Gov. Hanly
and has been branded a. a defaulter BY tho
executive. TIE charge comes without any
attempt to dull its edge, and even before
the resignation Of Sherrick was received
the Governor had declared the offlce vacant
and had rendered the authorship to War
rem Beigler OF Wabash.
The announcement that Sherrick 10 short
Sl45, 900 and that the State except for his
bond with surety company would lose the
entire amount created furry IN financial
circles and q sensation Of large proper
tions among Sherrick's fellow offlosrs;
many of whom had had no intirnation OF
what was coming. The story which came
from the Governor to-day, however, shows
that the shortage has been known at least
three months and that Gov Hanly had
demanded some weeks ago that he make
settlement by to-day or resign. When at
noon no settlement had been made and the
Governor was informed that none was likely
he took immediate action.
The correspondence between the Gov
ernor and Sherrick shows that the shortage
has been in existence and constantly grow
ing since January last and that Sherrick
failed to make the regular semi-annual
settlement on July i. This information
came to the Executive through the Treas
urer of the State, with whom settlements
are made, and on August 2S the Executive
addressed letter to Sherrick calling his at =
tention to the delinquency and asking him
il he were able to settle. To this letter
Sherrick replied with statement showing
what settlements he had made and what
amount was then due. In the statement
he included number Of notes given by
j. H. Murray h Co. and indorsed by W. 8.
Wickard, the Murray company being one
OF the largest lumber frms in the country,
and Wickard being their agent In this city.
The aggregate Of these notes was Isl 600.
Besides this sum there were investments
in oil companies, loans to individuals and
firms. the whole showing that Sherrick
had violated the law by lending the money
OF the State for his personal profit.
After deducting the worthless securities,
the Governor found that Sherrick owed the
State SlG,107.so, which promised to be q
loss to the State less the amount Of his
bond of 500 900. 1t was then that the
Governor sent demand that Sherrick
settle at once or hand in his resignation.
The first demand brought no reply, and a
second was made. This too was ignored.
This morning the Governor sent third
demand telling the Auditor that, II his
resignation was not received by noon, q
successor would be appointed sherrick
at once called in some Of his friends and
placed the situation before them. They
went over his report to the Governor, and
when he admitted that he could not settle
they advised him to resign and not wait to
he kicked out. Still he hesitated, and his
resignation did not reach the Governor
until the Office had already bern declared
vacant and tho position offered to Beigler.