The Parma herald. (Parma, Idaho) 1903-1917, 1908-05-09


BOlSE.--Governo Gooding has made
public the renart rendered to him by w.
,. CLANCY, state Bank Commissioner, of
| the condition of the State Treasurer s
Office. Mr.. Cheney made complete in
vestigation Of the Office, upon request of
the Governor, and the report is on the
condition of the Office and the books Of
the state Treasurer at the close Of bust.
ress on April e.
The report is in much detail and COW
ers a number Of long typewritten pages
| ! gives cash on hand. report upon the
bonds furnished by depository banks for
funds deposited therein. verified bal.
ances due from banks in tho collection
accounts (Which accounts are not car.
rled on the general ledger of the State
Ireasurer), and the balances due from,
depository banks TO March 81 last
There are certain endowment finds
which the law does not give the Treas
urer the right to deposit. They mnst
re heldNn the vault. The Treasurer in
sists that he may deposit certain en-.
dowment funds but not all. OF the ON.
dowment funds, he says he must hold
t26S,S42.30. The total of nh the ON.
dowment funds is s39s, 1894. The "a.
tual amount of cash in the vanlt il
found to be 66,l07.69. According 70
me report, If the Treasurer = constr,c-
non OK the law Is correct regarding EN-. |
ueWment FUNDS, he lacks about 50 100 |
pl having enough cash on hand If his |
construction is wrong, he should have j
IN "a hiS vault, according to law, an ad. |
dltional sum Of $l3l, 522. 25.
The rppnrf ah,....
s,p'li 20 mad a collection account in
~, noise banks amounting to: Boise
Ivy Natlonai, S2l ,S25.57; Bank of Com.
nVtues stt,ous.93; Capital State (now
cioseHl, $zf,454.24. There is no pro. I
VISION IN the Idaho statutes for coilee
.,oh accounts On April the report
' '',,N she treasurer had on deposit as
'ollession accounts in the Boise Ma.
..on 1, ABOUT $4,000, and in the Bank
II Commerce over 49,, 900.
boise-By orders from Gov. Good
ng State Bank Examiner Chaney
; checking up all accounts In the nf.
Ice OF State Treasurer HASTINGS
ne examination IL being made IN
MS reason; The Boise Statesman 70. 4
entity published statement issned :,
y Auditor Bragaw showing all Inc y
tate repositories and amounts de- y
osited In them under bond Tho .
latslhent showed about $50 .OOO in =
hose institutions The state treas .
rer was asked TO make a statement =
where the balance of the funds !.
as Kept and repeatedly refused :,
~ was learned that, contrary to ~
ny provision OF law, he had funds -
TWO Soise banks. known as col :.
ctlon accounts. II Is now known =
lat since q week ago yesterday he "
As drawn down those funds very
aterially, having In his vaults
'methlng like S26O, 600 TODAY. The
W strictly specifics that all moneys II
the state not deposited with Ia
inks qualified MS state depositories A
all be Kept In the treasurer's safe al
1Sle Is no record that the. state has n
er received interest for sum 9TH 81
wise deposited. The state deposit th
rles are limited TO the amounts Pl
ey may carry. and the report shows 1.
% the Lewiston State bank Is en- I'll
led on its bonds to $4,000 and m
state money 10 the amount of 20
Governor Gooding will make no
leial statement at this time, hut
is expected report from CLANCY mn
II De forthcoming on Monday. Has IN
gs has spoken TO several promi- Fr
nt citizens. II is reported. saving IN,
VIII ask them to his Office TO per- no
lally Inspect 1t. but has set no an
te. He will let them know when re-
is ready. cto