The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1908-04-24

year and as it was estimated that
that contract would amount to fifty
thousand dollars or more during the
year the board fixed the bord which
YOU were required to give at thirty
thousand dollars.
You ask why we fixed that bond
at about half the amount of your
contract.
will tell you why
The credit Of your company is
terribly bad in this community.
have been in Guthrie practically
all the time for year and half
now, and | do not believe there has
been a single day of that whole time.
but that checks given by your com.
pany to your own employees have
price, even as low as nifty cents on
the dollar, and | am satisfied that
there has not been day in that
whole time when the bank upon
which YOU draw your checks would
cash any OF them unless they first
had your money In am equal amount
to the check. Right here in the state
housca recent incident Of som, body
giving the little hoy who runs
cigar stand one of your checks and
the boy had to hold II long time,
and even yet | do rot know whether
ne has been able to get the cash on
| It.
Also. our investigation into the ter
ritorial accounts show the practices
Of your company I'm territorial days
to have been such that no one would
take contract with you unless II
had first class bond to guarantee
that you would perform the contract.
Again, one of the largest items of
your schedule two was specified
grade of paper. For this paper you
had bid below wholesale price. OF
course We were glad to get the paper
as cheap as possible, but as your
company is held so irresponsible, we
wanted a good bond TO be sure that
you were not working a fake on us
as has been your business custom for
years particularly when We learned
| from what seemed TO MS reliable
sources that you had already con
tracted in St. Louis for an imitation
of this above mentioned grade
of paper-that the imitation
paper that you had contracted for TO
fill the states order, was a cheap
! grade; that while new and first
used would look all right, but was
not lasting quality fit for perma.
nent records. As soon as we learned
of this fact, of your intended du-
| plicity. we notified you of what we
had heard as above stated and warn
ed you that IL would not be safe
for you to buy a lot of fake material
and expect to unload it on the state,
as, we ale advised, you were accus.
toned to do on your territorial con
tracts.
The day that the bias were check.
ed up, you We're notified that your
bid was accepted for Schedule Two
and you were directed TO bring N
your contract and bond, Your bonI
was not legally executed and wouiI
not have held the surety companl
in the form YOU presented IT,
We, that day, in your presence
told you we would accept the sure
ty company on the showing of sta
bility its agent then made, and we II
rected the attorney general T. pre-
pare a form of bond that would pro
tect the state. In very few day
the attorney general had the bont
form prepared and II was given 4
you for execution. You had file
your original bid in duplicate form
one copy being locked up in on
safe, the other copy you bor-owe
To make your proposed contIac
from. Last Monday you deliyerc
your proposed new contract with "a
bond attached, together with cop
Of your bid as a part OF your ciI
tract and YOU said to me-all thes
copies are truthful copies of you
original bid. on Tuesday morning W
found by comparing the new COZ
tract forms with the form of you
original bid, that on one OF the il
side pages you had scratched out th
figures and words 1000 Sheets
which was part OF the printed COZ
tract, and had interlined the word
per ream You are well aware
the fact that the ream means fiS
hundred sheets in the paper trad
hence, by this scratching and inte