The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-01-17
LARGE SHORTAGES
FOUND.



the exception that where the records
OF the school fund commissioners
show clearly that certain coupons ma
turing subsequently to the purchase Of
the bonds have not become the prop
erty Of the state proceeds Of such
coupons have not been considered as
accountable to the annual school tund-
Working under this rule. the ac-
countant finds a total excess of interest
accountable over interest accounted
for to the annual school fund in the
sum Of S6O.319-9e.
This total difference has been by him
classified under I'VE general headings
rs follows.
l. Coupons on which accrued interest
was paid by commissioners at time OF
purchase of bonds.
2. Excess accrued interest paid by COM
missioners en- bonds purchased
8 Interest on coupons stamped as prop
erty OF the permanent school Iunu.
& interest on coupons not stallpeu as
b Cancelled coupons INDICATED
Under the first heading, Coupons on
which accrued interest was paid by
commissioners at time of purchase OF
bonds the total amount from January
j. 1898. to June go 1905. as reported IS
g s0047. which is divided according to
administration periods as follows;
Jan. 4. 1899, to Jan - 190l...--..-.$ 5Ss e
Jan. "a, 1901 to Jan u, 1903. ........ s241. z3
Jan u, 1903, to Jan. g. 1905 loz0.26
The basis for claiming that the fore
proposition assumed by the account
ant that I'm any instance where the rec
oFds of the school fund commission
ers show that accrued interest was paid
upon bonds purchased, there could be
no occasion for the allowance of the
clipping of unmatured coupons.
Interest Embezzlement on COmanche
County Bonds.
Under the second heading, Excess
accrued interest paid by commission
ers on bonds purchased only one item
IS considered, and that is accrued in
terest paid upon the 1928, 10000 Com
anche county bonds. On this point
give the language OF the report;
This transaction was handled by A.
a. GODDARD through the Interstate Ma
tional bank of Kansas City, Kansas,
and we were inforned by the officers
of that bank, that the above bonds
were delivered to the state treasurer on
July 25, 1904 the bank receiving in
payment his two checks for s61,50O
eachi one drawn on the Bank of To
peEas and the other on the First Ma
tional bank of Topeka.
These cancelled checks are said to
have been destroyed, but the stubs show
that check No. 1916 was drawn on the
First National bank of Topeka, dated
July %, 1904, in favor of the Inter
state National bank, Kansas City, for
S61,500; and check No. 1855 was drawn on
the Bank Of Topeka, dated July %. 1904
i'm favor of the Interstate National
bank of Kansas City for $61 500. The
state treasurer's Warrant Register
Permanent School Fund "A shows
that Order No. 2181 dated August H.
1904, in favor of A. A. GODDARD, was paid
August ii, 1904. Cancelled orders were
returned to the state auditor for credit
on August II, 1904 The cancelled or
ders in the possession of the state audi
tor and endorsed on back as follows:
Order No 21S1 for 1923, 600 "A. A. God
ard" Order No. 1866 for S63693 "A. a.
GODDARD"
THE state auditors record of bonds
registered permanent school fund No.
q shows that the above bonds were reg
i1taIsd as belonging to the permanent
Echeol fund on August II, 1904
The state treasurer's bond ledger by
counties No. shows that the bonds
were received by him on August 13 1904.
las it is shown that payment for the
bonds was made by the state treasurer
on July o. 1904, and not on August IL,
1904, the accrued interest paid by the
school fund commissioners should have
been s379-13 instead of $685. differ
enec of S257.S0. which amount is in
cluded i'm Exhibit e under the caption
Excess Accrued Interest Paid by Com
naissiOners on Bonds Purchased. "
Missing school Fund Coupons.
Under the third heading. Interest on
coupons stamped as property of the
permanent school fund " the amount
claimed by the accountant is S14S29.O1,
which amount is further classified into
three subdivisions:
(a) Payment not traced 10 state
treasurer or to his account with fiscal
agency. S3.862.69. and is shown in
administration periods as follows
Jan. "a, 1899. to Jan. "A, 190l--....-..$ 1900
Jan. "a, 1901, to Jan. u, l9O8----..-.- 5,e5O6s
OBJ Payment traced to state trea-
surer's account with fiscal agency. S.
686.32. and is divided according to ad-
ministration periods as follows:
Jan a. 1899. to Jan. "A. 1901. ........s6. or 81
Jan a. 1901 to Jan. y, 19O3---.-..-. 2,6l3 q
lc) Payment traced to state trea-
surer direct, $1.7S0, and is divided ac-
follows.
Jan a. 1899 to Jan. a. 1901 ........$ $1,000
Jan. a. 1901. to Jan. Il, l903--..---.. S100(
Under the fourth heading. Coupons
not stamped as property of the Per
mauent School Fund the accountant
claims interest accountable in the sum
Of $27,862.91. which amount is further
classified into three subdivisions
(a) Payment not traced to state
treasurer, or to his account with the
Gscal agency, $23.092.05, divided ac-
cording to administration periods as
follows:
Jan. q. 1899 to Jan. "a. 19O1.-..-..-s e-s56.5'
Jan l5 1901 to Jan T. 1893 --.--.. - =
Jan. j.. 1903 to Jan. 9, 1905.......- 1890
Jan. 8, 1905, to June 30, 1905-.....-.. S31.5
OBJ Payment traced to state trea-
surer's account with fiscal agency
S5,397.26. which is divided according
70 administration periods as follows:
Jan. Il, 1893. to Jan a. 1901 ........ 81. 7S3. q
Jan. u. 1901. to Jan u. 1905. .....-.. 1881
tc) Payment traced to state trea
surer direct. S1.373.6O, which amour
is divided according to administration
periods as follows:
Jan. "a. 1899. to Jan. 49, 1901 ........s 5000
Jan "a. 1901, to Jan. IT, 1903 ......... 0000
Jan u, 1903. to Jan. g. 1905......... $685.
Under the fifth heading. "Interes
on cancelled coupons Indicated. thi
accountant claims interest account
able. $15.O69.71 which amount
further classified into three subdi
visions;
ta) Payment not traced to stat