Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1905-01-17
Governors Message


(Contlnued from Page Two)
stance should bc placed TO the credit
OF the county. for tho purpose OF pay
Ing premiums on bonds OF county
officials and any surplus should 60
to the county school fund. The bank
selected by the county treasurer In
which to deposit county funds should
be approved by the territorial lrcas.
urcr before any deposits are msde.
or the designation Of such banks may
be made In the first instance by said
territorial treasurer on the basis OF
the best terms Of interest 10 be socur-
ed. but In no event the Interest TO be
hess than three ts) per cent per an
mum. Banks designated as county
repositories should give bond to the
county similar TO the bonds given the
territory for territorial funds, the
bond 10 be approved by the board OF
county commissioners.
Auditors Bond.
Under the present law, the terri
torial auditor is required TO give a
bond % The territory in the sum of
500. 900. As none OF the public
moneys pass through the hands OF this
official. II appears 10 me that such
m amount Is excessive, and ! recon
mand that the law he amended 40 AZ
to require a bond in the sum of $685..
GOO.
Treasurer OF Military institute.
With one exception. the ,reasurers
OF the board 81 regents OF all terri.
torial Institutions are required TO give
a bond for the faithful disbursement
OF public funds which pass through
their hands, The exception in the
case or tho military institute was
probably an oversight at the time the
original law was drafted, and | recon
mend that this act be amended by a
provision requiring the treasurer 81
the board Of regents OF the military
institute TO give bond TO the territory
In The sum Of $4,000. as do the treas.
urers Of other boards.
Travelling Auditor and Bank Examiner
Too much credit cannot be given
the Thirty fifth legislative assembly
for the creation OF The above office,
as the past two years have fully dem
onstrated that It IL one OF the most
important In the territory and has
been the mean of saving the counties,
as well ms the territory. large sums OF
money. Since the creation OF hts
office the per cent Of taxes collected
and turned into the territorial and
county treasures has increased great
~, and all county officers are much
more careful In the handling Of funds
County books and records are in
much better condition, and II liz now
a very easy matter 10 determine thu
exact financial condition OF eact
county In the territory.
would recommend that the prcsen
Law be amended 40 as to make II tn
duty Of the travelling auditor to exam
Inc the offices of the clerks Of distric
courts. and all ether offices handlinl
territorial money.
The work OF the travelling auditor /
40 comprehensive and cSacting AM
has proved OF such great benefit Z
the territory. that he should be give
mn assistant, or All allowance for cleI
ical assistance, 10 that he may be III
tampered In the performance OF hi
cxaetrg duties. The law reuuirs
iain. ia visit every county twice eac
year and to examine the tarriioria
barking institutions, AID for that res
aca ilnportant office duties must off
ie iisiayed, II not oartis neglected
During the months following the con
uietion OF tho assessment rolls by III
assessors II liz almost imperative tbs
he have assistance In covering ii
ground Systematically, thoroughly an
In GOOD time.
tie Is often called upon by county @
ficiais to come Immediately 10 give b
counsel or to examine books and u
welfare OF the commonwealth 4
mands that at such times his offi'
duties and his official correspondent
be not neglected.
Compensation Of County Officials
/ recommend that the commission
on liquor aud gaming licenses shou
be taken from the commissions OF u
assessor. M Il appears that these
censes being fixed by law. the ass'
0 at most simply keeps a record
the expirations. which Is also done
the sheriffs. o T better stili, that cot
Nv officials be placed upon straig
salaries, and that they be made