, 1907-01-09

this office from all sources amounted
10 S27 ,66S 20. The Secretary of State.
speaking with the knowledge acquired
from eight years experience in that of
flee, makes a number of important rec
concentrations. Among them that the
corporation statutes should be amend
ed, 80 as to insert the name 'Direc-
tors In place of that of "Trustees"
and also removing the limitation upon
corporations. desiring more than nine
directors, He gives n number of ey.
cellent reasons why these changes are
desirable.
As in previous reports he again calls
attention to the fact that the dining
car liquor license provision of the stat.
ute is very indefinite and uncertain.
And the law should be amended where.
by 1t would be possible to determine
Just how it should he construed.
The third recommendation is one
concerning the printing Of various
state pamphlets. and his suggestion
Lhat e reports could be condensed
and published in n pamphlet, there
by making "A saving of several hundred
dollars to the state, is well worthy of
yonr consideration. The business of
this office Is well In hand. An Instrn-
ments filed for record have been re.
corded. ana there will he nothing 20
ing over To the incoming secretary
That should have been performed bv
the outgoing officer.
State Auditor.
The report of the State Auditor con
tains all the tabulatel statements and
information required by law, together
with the report of the state board Of
equalization, and statements of the
business transacted by the insurance
companies for the years 1904 and 1905.
The Auditor mas compiled estimates
and expenditures for the succeeding
two years ending March the 31st. 1909,
He suggests that all salaries for Off
GERS and employees, where fixed by
statute, be included in the general ap.
preparation act. Under the head of
recommendations the Auditor makes
a very timely suggestion, in which he
sounds a note of warning that should
be needed by this Legislature. Our laws
now provide that all officers shall re.
ceivc stipulated salaries which will be
in full compensation for all services
rendered. The practice of allowing the
fees collected to become q part of the
compensation VI any bllttI OF DDdIu,
is not consistent with good govern
ment, or in accordance with the provis-
ions of our statutes; and under this
head, the Auditor calls attention to
various fees now collected, and sug-
gests that in the future proper provis-
ion be made to turn these fees into
the general fund. Some important leg
islative changes in connection with
the insurance department are recon-
mended.
During the past two years the State
Auditor has paid over to the State
Treasurer the sun of SAG, 1893. IA, the
amount collected under the provisions
of Section 634. Revised Statutes OF
Wyoming, as amended and ~re-enacted,
and includes, not only the fees desig.
mated 10 be paid into the general fund,
but also includes those fees, which the
law provides shall become a part of
the compensation of the officer requir'
ed to perform the duty"
I This amount includes all fees re-
ceived by the State Auditor up TO No
vember l4th, 1906.
State Treasurer.
The report of the State Treasurer
has been prepared with great care,
and gives detailed information of all
fiscal transactions of the past two
years. The State Treasurer calls at
tention to the fact that some of the
funds in the treasury are not avail.
able for use, owing to limitations or
absence of statutes in reference there.
to, and recommends that these funds
should be disposed of by Legislative
enactment.
The condition of the general fund
is a fair indication of the ability Of
the state to meet its obligations for
ordinary running expenses of govern
ment. AT the time of his report there
was a net balance in the fund of S26,-
470.54, showing an Improvement over
the condition OF two years ago of
S~26,577.1O. The total receipts and
expenditures of the general fund for
the last four years have been as fol,
lows:
Total receipts of general
fund, years 19O3-04. 800. S372,41141
Total expenditures of gen
eral fund. years 10000. $50, 964.5i
Expenditures exceeded re-
celptS Dy .......,..,... io,0Oo.l5
Total receipts of general
fund, years l905-06. 49,. SAG, 1866
Total expenditures of gen
eral fund, years l905-O6. 57,l02.79
Receipts exceeded expendi-
, lures ...............S l9,493.S6
This last balance is hardly sutii.
Gent 10 pay running expenses from
September Both to the end of the
year, or until the taxes of 1905 arc
collected and paid into the treasury,
so that there will still be some de.
ficiency in that time, Notwithstanding
the improved condition over hat of
two years 60. Thus you will see it
is absolutely necessary to limit eXpen.
d~itures, and that all appropriations
must be carefully scanned.
Special attention has been given
by the treasurer to the investment OF
permanent funds, as provided by law,
and on opportunity has been allowed
to pass for securing desirable bonds.
AS a result the state now holds S217,
70S.00 or desirable bonds as an in
vestment of its permanent funds, an
increase of SOS, 56S.00 over the amount
held two years ago. The bonds now
| hold nYpInnA ap ann,a1 INCOME nc