Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-07-14

constantly in his possession large sums
of money belonging to the district and
varying in amount from few hun
dred dollars TO many thousand dollars
per day 1t is true that part of this
money was held by him as acting
treasurer for the payment Of warrants
payable during the absence OF the real
treasurer or for the payment of press
ing accounts about to become due. But
on the other hand. IL Is also true thar
during this same period Mr.. Hart loan
ed many thousand dollars OF this same
money to contractors. and Others at
high rate of interest besides investing
part of it In the so-called Armstrong
ranch, which produced Il profit 10 him
self, to treasurer Parkinson, and all
persons interested.
S. We find that at the present
time and after an adjustment
made by this committee, Mr. Hart
actually owed TO tha district for
money coming into his hands and not
dispersed by him, the sum OF sl2,-
S5l Sc. Mr. Hart admits this amount,
less the claims hereinafter stated, and
has exhibited outstanding warrants of
the district which he desires IN turn
In to the treasury in settlement OF
such admitted account
COMMISSION ILLEGAL.
O. MIR. Hart claims that he should DE
credited with $4,000, being amount paid
by him to Geo NJ. Cannon as commits
sion for the sale of $50 600 worth OF
district bonds, but the committee is un-
able TO recommend such an allowance
both because We are advised that the
payment OF commission for the sale OF
bonds is Illegal, and also because this
question is now In the courts, and
should not be disturbed by us, especial
ly as this committee is advised that tho
district VIII be able To- secure judgment
against all persons who have taken
commissions out of the treasury for the
sale OF bonds.
10. Mr.. Hart also claims lac should
be credited with $500. being a balance OF
notes paid him IN warrants, 3s. 80 and
49, We think this matter can be easily
settled by the board OF directors, and so
recommend
u. We ind that the zion's Savings
bank and the Amalgamated Sugar com
pany paid par for all bonds bought by
them, and that without their know
ledge, Geo. NJ Cannon and Geo C.
Parkinson secured 10 per cent commits
sion from the district Mr.. Cannon still
retains such commission, while Mr.
Parkinson has returned TO the district
the amount collected by him. $4,000,
SHOULD RE RETURNED.
u. We find that during the period
that Mn, Hart had daily IN his posses
SION money belonging 10 the district,
averaging from several hundred dollars
per day 70 several thousand dollars
per day. tho district actually paid ont
Tor interest on borrowed money the
sum Of S2,AlG.l2. outside OF bond inter
est Al the same time, the bank Of
Malad has collected from the district
large amounts oi interest coupons on
bands placed with the said bank MS c0lla-
terdl 20 secure certain loans made al
said bank by A. u. ana Marion Hen
deIson. We therefore think that from
the proceeds arCruiug 10 the personal
advantage OF tho officers from the use
OF the district funds. sufficient amount
should be returned 90 the district 10
cover the payment of the above interest
expenditure
10 We mud that Treasurer Parlip.
son on Dec o. 1908. transferred TO MS
personal cr"dit the sum OF $1,000 OF the
district money whish amount was not
returned until pee n, 1907 and that
during the same period ne had from S..
600 aud upwards of the district money
I'm hls hands which should have been
accounted for Hud should have been in
the treasury. and that lnasmuch as
the district WAS paying interest durinR
an this period. as above stated, Ne
mink that MI Parkinson ought To con
tribute propotionatc amount OF the
interest expenditures mentioned In par
agrph l2
NEVER RECEIVED
"a We also ind that orders hav.
been received by the treasurer upon
which receipts have been issued 10 tax.
payers aggregating Approximately SCI.
Sss,9i This amount has never heou
received by the treasurer, and This COM
mitlee recommends thar the treasurer
Continued on page two)