The Richmond palladium. (Richmond, Ind.) 1906-1907, 1907-01-11

oogetner with interest thereon 10
April i, 1906, amount 10 sos, S71-14
The jex-auditor is dead. / am advised
that his estate is insolvent- The
statute of limitations bars a suit upon
his bond. So far as he, his estate
or his bondsmen are concerned, this
entire sum is lost to the state.
The law. however, required foreign
insurance companies doing business
in the state of Indiana to pay into
the treasury of the state the taxes
enormously paid Mr. Rice, amounting
principal and interest, TO $26, col -27.
Payment to him in defiance of the
provisions of the law was not pay
ment to the state. Proceeding upon
this theory investigation was made
and the names of the companies max
ing the erroneous payments and the
amount due from each were ascer-
tanned and notice served upon them
that payment must be made by Nov
ember 10. 1906, together with six per
cent interest thereon, or their license
TO do business in the state would be
revoked and suit instituted to collect
the amounts due. On Nov. IL, 1906,
settlement was made by all but two or
three of the companies. The amount
paid into the state treasury was, prin-
cipa1, s9,755.7S; interest, $12,997.24:
total, s22, 1902. This leaves a bal
ance of s3,33s.25. Some of the com
panies owing this balance ceased
years ago TO do business in the state,
and others are inSolvent.
- II
committee that Bruce Carr, while au-
ditor of the state of Indiana. unlaw-
fully retained s34.259 of regular fees
and $4,000 of reciprocal fees which
lawfully belonged to the state. total
of S74569 Interest thereon to April
/, 1906, at 6 per cent. aggregates $751;
998.24, making the total claim of the
state S151.4 7092. None of the funds
misappropriated by Mr.. Carr were in
surance taxes Mr. Carr is dead His
estate, as | am advised, is insolvent,
and the statute of limitations bars suit
upon his bond. This sum is, therefore,
lost TO the state.
]. o. Henderson, as auditor of the
state of Indiana. collected and retain
ed insurance taxes, regular fees and
reciprocal insurance fees aggregating
$49.616.45. Interest thereon to March
1, 1906, aggregates s42, 1885, which,
with the penalty of 10 per cent i'm
posed by the statute, equals $101,-
1856. This, in the judgment of the
executive, constitutes a valid claim
against Mr.. Henderson. Acting upon
that assumption, the attorney general
has brought suit in the superior court
Of Marion county to recover the same.
The report also shows that A. G.
Daily, as auditor of the state of Indi-
ana, collected and retained insurance
taxes amounting to $13,51157 Inter-
est thereon to March 6, 1906. aggre-
gates $S,05433. Mr.. Daily also failed
to pay into the treasury of the state
other moneys due the state at the
time specified by the law. Interest
upon such deferred payments to Mar
6, 1906, aggregates 81, 101.S4. These
sums, together with the penalty of 10
per cent imposed by law, amount to
SIG, 034.51. Believing this sum claim
ed against Mr.. Daily to be valid
claim in favor of the state, the execn-
tive instructed the attorney general
ly brought .suit in the Boone circuit
court and recovered therein a judg-
ment in the sum of $25 1880 Mr.
Daily appealed from this judgment,
and the case is now pending in the
appellate court.
The aggregate collections already
made from delinquent officers and in
surance companies is shown in the
statement:
David E. Sherrick, auditor. $156, 36731
D. e. Storms, secretary. S,139.S5
John r. Ward, adj.-gen.. 1,51044
insurance companies. ..... 6S9.79
insurance companies. ... 22,753.02
Total S1S9,46O.4
Valid claims still pending:
A. c. Daily. auditor of state
(judgmenD ......S 25, 435.50 /
r. o. Henderson, auditor of
state ................. 10l 1856 /
IOtal SIzo,o 94-lo
The entire cost of the investigation, |
vas $7S05.29.
The facts | bring to your attention
lave convinced me of the necessity /
If law authorizing the governor to /
Ippoint an executive accountant, ,
whose duty it shall be to make fire. |