The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1905-10-27
Purloined From the State Treas
ury and Res0ld.
BY THE BOND CLERK
MIR. Daniel Zimmerman, For Whose Ar
rest a Warrant Has Been Issued,
but he Could not be Found.
The DefaIcaticn Will be
Made Good.

Made Good.
The Columbia State says there was
great deal of aSt onishment in Col
umbia late Tuesday afternoon Of last
week when 1t was learned that the
State treasury had st SIG 500 by er
rOr or by criminality. Whom it was
learned that a warrant had been Is
sued by o magistrate and had heer
lodged with the sheriff for execution,
charging that Mr.. Daniel Il mmerma
Is guilty of a breach Of trust with
fraudulent intent, there Was ever
greater surprise, and much regret
was expressed because q name as ye>
untarnished had been connected with
such an II snse, justly or wrongfullY.
Mr.. zimmerman lad been the bono
clerk In the oillce OF the Sta ;, 'rnas.
urer, aad held that position fl n .S91
until 1901 1t was during that Yar-
iod that the fraudulent Cccure GO
were found after q great deal OF
vestigation. The specific charge
that when bounds were brought in u
ba exchanged for stocks, one or more
bonds would bo extracted from the
package and instead Of being CANCEL
cd would be sold and an ld bond o.
bonds of prior Cate wouiG be Ding up
from the vaults and suOal, " ! In
the bundles for cancellation 81 that
o cursory examination 1T wCuidaip
that all Of the bond, in that pack,
were properly cancelled.
In this way bond and a certificate
of stock would both be in the hands
Of innocent parties and the State pay
ing interest on both and obligated to
pay the principal at the expiration OF
the time specih 1d-and Of reality
the bond had been redeemed by the
State, the stock having been in eX
change therefor.
II o trick 1t was, 1t required nerve
to carry 1t through for the occurrences
covered period Of several years. MIR.
Zimmerman friends, and they are
multiple, persist IN declaring their
sseileS SaaShis@innGcens sSS .;stt d Spect at
the proper time to see him v,ndicat.
ed before the law in the courts. Mr..
zimmerman has been locked upon as
man in rather straightened circum.
stances, and it is believed 10y II any to
be impossible for hirn to have covered
up such q shortage.
There are two thirrs w ch have
made some Of MI 4 u nerman's
friends wonder. First is Lnc fact that
he repeatedly declined 10 appear at
the office OF the State treasurer and
clear his name OF the oGium which
was sure to be attached to an unex.
planned publication Of the facts. The
other Is that yesterday before the
warrant could be issued, Mr. L INNER
man, who probably vas appriSed OF!
what was about to transpire, walked
out Of the back door OF the Ctlice OF
Mr.. s. L. Miller where lie was en-
plcyed In q clerical capacity ard dis
appeared. He has not been seen
since.
Even If Mr.. Zimmerman is the VIC
tim OF circumstances ii it q lite evi.
dent that the transa 5ilOas G. IL d no,
have been conducted NithouG the as
slstance Of an outside party II I'd
employe OF the State I'll eaGury PRESENT
ed bond for sale, the pro ptctipe
purchaser would have declined, Jl
the incident would have been suspic
ious and the purchase r would wan;
nothing but gilt edg d" invest ment
Evidently there was broker. 10
find that man Is now the Olj ct Of the
State officials interested. The inno-
cent holders Of the bonds Will Oe ask
ed through whom they secured tho
negotiable instruments. No innocent
holder will lose any thing for the
bonds will he again redeemed for casa,
although once before they have beer
redeemed in stocks. While the loss
is not so large, 1T shows hog, even IN
the most jealously guarded system OF
business, error and sometimes wrong
may creep in.
DISPARITY NOTICED BEFORE.
{ AS far back as two years ago, Mr..
S. II: Carter bookkeeper In the onice
of the State treasurer, called to the
attention CT the ways and means com.
mittee the TACT that there was some.
thing wrong with the inte est paid or
stocks and the coupons paid on bonds
What this trouble waS no one at that
time could tell, although it was seer
that the State was actually paying
more interest than vas mathemati
cally proper, At thGJ time no intent
was suspected or the matter coulC
have been aired.
Mr.. Carter had been called before
the ways and means immittce 10 tes
tify in regard to the petition Of Mr.
Geo. II. Corncllon, Of Otangeburg
who stated that his brother, who hat
lived IN Australia had died, leaving
10000 In South Corolina bonds
which could not lie f0md. 1T wa
VIII. lie looking into the Cornelson mat
ter that Mr.. Carter fist had his at
tention attracted 10 tle disparity II
In the interest accounts.
EAbouta month or six weeks agt
Capt. Jennings received letter from
some ladies In Charleston ia reference
to some bonds In their oSsesson, ant
In looking up the record with refer
ence to these bonds 1t was found tina
there had been substitution. Thi
was the first intimation the Stat,
treasurer had Of the transaction
which are now suspf cted CT beinl
fraudulent. lie saw THAT tho entrie
were in the handwriting Of Mr.. Iim
norman, and yet thinking that it wa
clerical error, telephoned to Mr.
Zimmerman to come to the Stat
treasurer's tfi3e. Mr.. Xin0mt rma,
Rtaten that no wc,,!h hs .i,nrn Tho