The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1905-10-25
Purloined From the State Treas
ury and Resold.
BY TIE BOND CLEI. Z
MIR. Daniel Z mmerman, For Whose Ar
rest 8 Warrant Has Been Issued.
but he Could not be Fousd.
The Deisicaticn Will be
Made Good.

TIE Columbia State says there was
great eea! Of astonishment in Col
urbia late Tuesday afternoon Of last
week when it was learned that the
State treasury lad lest sl6 500 by er
ror or by crimir ali5y. When it was
learned that a warrant had been is
sue6 BY q magistrate and had teer
LOGGED with the sheriff for execution,
charging that NJ. Daniel Zimmerman
is guilty OF q breach Of trust With
fraudulent intent, there was even
greater surprise, and much regret
was expre ssed because name as yet
untarnished had been connected with
such an # ,nse, justly or wrongfully.
Mr.. Z!nmerns Q had been the bono
clerk IL the Cts o. the State treas
urer, aa6 held u IL ositioa from 1891
until 1901. It w.s lring that per-
led that tee frau u ut occurrences
were found after sr,.:-6 deal OF In
Vsstigation. TIE >p,. nc charge Is
that when bopnos TeIo L1ought in to
be exchanged for stocks, one or more
bonds would be extracted from the
package acd instead OF being CANCEL
cd would De sod and an old bond OF
bonds of o ,,r a:a would be dug up
from the vaults AID substituted IN
the bundles for e.Lc= !atton so that IN
a cursoly examination. j. would appear
that all Of the bor0, Ill Jnat package
were properly cancelled.
In this way a bond and 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 specihed-and OF reality
the bond had been redeemed by the
State, the stock having been IN ex
change therefor.
II a trick it was, 1t rsq 1ired nerve
to carry It through for the occurrences
covered a psrioi Of several years. MI.
Z.mmscman's friends, and they are
multiple, persist in declaring their
beliet in mis- innocscse, and expect al
the prop, tina to see him vlnoicat.
ed before the Law in the courts. MI.
Z mmerman has been locked upon as
3 man in rather Strengthened circun.
stances, snd it is believed by many to
be impossible for him to have covered
up such a shortage.
There are so things which have
made Acms {: Mr: Z!mnerman's
frierds vonoer. First is the fact that
he repeatedly decliled to appear at
the cfice OF the State treasurer ano
clear his name OF the odiun which
was sure to be attached to an unex-
plained publication OF the facts. The
other IS that yesterday before the
warrant could be issued, Mr.. Z,nmei-
man, who prooaby wss apprised OF
what was about 10 transpire, walked
out OF the back door OF the office OF
Mr.. S. L MAlar where be was EN-
pio,ed il clerical capacity and dis
appeared. He has net been seen
since.
Event: M Z;umernan IS the VIC
tim Of ci-cCEslacCes, IL IS quite eVi'
cent that the tracsa aotious c 'usd not
have beea COL Ldic.eo Without the as
sistance OF sn outside psruy. Had an
smploye OF the SCste treasury present
ed 8 bond for sale, uhe prospective
purchaser would have ceci!neo, lo1
the incident would have been suspic
ious and the pa chaser would want
nothing but glit egg q" investment.
Evidently there was a broker. TO
fnd that man is now the object OF tne
State officials Interested. The inno-
cent holders II the oon6s will be ask
ed through whom they secured the
neeotiable instruments. No innocent
holder will lose ANYTHING Tor the
bonds viii be again redeemed for cash,
although once before they have beeD
redeemed in stocks. While the loss
is not SO large, IL shows how, even II
the most jssioasly guarded system 0:
business, error and sometiGts WIorg
may creep in
DISPARITY NOTICED BEFORE.
AS far back as TWO years ego, Mr..
S. T: Carter booskeeper IN the ctace
Of the State treasurer, called to tne
attention cf the ways and means con'
mittee the 'ac- that there was some
thing wrong with the interest PAID or
stocks and the coupons paid on bonds
What this trouble was no one at that
time could tel, although it was seen
that the State was actually paying
more interest than was mathematl
csny proper. Atthat time no intent
was suspected or the matter coulc
have been aired.
MI. Carter had been called before
the ways and nsars committee to tes'
tify in regard to the petition OF MI
Geo. Il. Corlelson, Ct O:angeourg
who stats d that his brother, who hae
lived in Australia had oied, leaving
Horp1ino bonds