Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-02-01
ernor and Council Wednesday after
STATE OF MAINE.

STATE OF MAINE.
state House, Augusta. Jan. So 1907.
To the Honorable Governor and Ex-
| ecutiye Council of Maine:
| Your committee appointed under pro-
visions of Section II, Chapter 2, of the
! Revised Statutes of Maine, to examine
the accounts Of the state Treasurer for
the year ending December 31st. 1906
would respectfully report that we have
carefully examined said accounts and
find the same to correspond with the
amounts as stated in the printed re-
! mort of the Treasurer. A correct
| voucher is on file for each disburse-
ment.
The amount of cash on hand at the
commencement of the fiscal year 1906
was s43024596. The receipts from va
! rious sources for the year 1906 were
s.. GS3. 76O 66. making a total of $3,114.-
0G6G2 The expenditures for the year
were s251S, 035 go. leaving a balance in
| the treasury on December 1st, 1905. of
| 1897 81. o. The last item is verified
by the statements of the officers Of the
| severa, banks and trust companies In
which money is deposited and a
certificate OF the Secretary of State to
| the amount of cash in the Office of the
| Treasurer January LIST. 1907. before the
| commencement of business on that
| day.
The bonded debtedness of the State
! January 1st 1907. was $1,O93. 900. OF
| this indebtedness SS24.000 bears interest
at 8 per cent; s15O.0O0 at a per cent:
Sis. 800 at per cent, and bonds to the
| q, 1St
have never been presented for pay
ment. No temporary loan exists.
There has been paid during the past
year $751;, coo of the bonded debt. as fol-
lows: OF the loan for June, 1864. regis
tered bonds No. 213. for $4,000; No.
362. for $4,000; No. S63. for $1,000; No.
365 for $4,000; No. 500 for $4,000; No.
367 for So 900; No. 36S for $4,000: No.
592 for $50 1000: No. 593 for $4,000: No.
:,94 for $50, 600; and of the loan of
October. 1869. registered bonds No. 4Sl
for $40, 900: No. sos for $1,000. and No.
500 for $1,000. Twenty thousand dol
lars of this amount matured during
the year 1906, and two hundred sixty
seven thousand dollars was purchased
under authority of Chapter of the
Private and Special Laws of 1903. Your
committee, January Goth. 1907 in pres
ence of Hon. Oramandal Smith, State
Treasurer destroyed by burning, as
REQUIRED by law. the above mentioned
bonds. A certificate showing the
number and amount of each bond
destroyed is on file in the Office of the
State Trca surer.
| All trust deposits have been eX-
amined and verified d, a list of which APP
| pears in the TreaSurer'S report.
| While your committee find the books
neatly and accurately kept, at the same
time, in view of ting fact that there has
been practically no change in the sys-
| tenn of bookkeeping in this department
for the last twenty years, your COM
mittee would suggest that in the alb
sencc of a law providing for a State
Auditor the new State Treasurer and
his efficient clerks examine into and
determine what changes. If any, in the
present system of bookkeeping would
be of value to the, department.
In closing this report, your commit
tee desires to thank the retiring treas
urer. as we'll AS all the clerical force
in his office. for the prompt and valu-
able assistance rendered in the prose
cution of its work.
| (SiGned)
| GEORGE d. BISBEE,
| CYRUS n. BLANCHARD,
CHAS n. PILSBURY,
LINCOLN II. NEWCOMB,
HALBERT =. GARDNER,
FREELAND JONES.
STATE OF MAINE.
| Augusta, January 80, 1907.
Kennebec IS. Subscribed and sworn
| to before me,
| ANNA T. IADD,
Authorized to Administer Oaths. etc
Since January 1, 1907, additional I'M
matured bonds of the State of Maine
to the value of $4,000. have been pur-
chased. leaving the outstanding bond
ed indebtedness at this date $123,OOo.
The first real debate of the session