The Caucasian. (Clinton, N.C.) 188?-1913, 1910-11-03


record Of the Investigations Of fires.
such as he Is required 10 keep.
Your committee desires TO report
10 your honorable body that we have
carefully examined the securities Of
the several domestic life insurance
companies deposited BY them with
the insurance commissioner under
section 1850 Of the Revisal TO secure
the reserve % registered policies as
provided for in said section, and we
find that sufficient securities have
been deposited there 10 protect the
reserves of the companies taking ad-
vantage Of The provisions OF this Law.
Your committee desires To say
further that they are OF the opinion
that the securities so deposited must
be Of the same character aud dignity
as required by Section 473l, Of the
ReY!sal. and that In view Of the Law
some Of the. companies reglst erlng
their policies have not fully complied
wlth this statute. Your committee
desires TO report further that since
We examined these securities some
Of the companies have replaced and
substituted further and additional
securities which meet with our ap-
prevail and We have assurance from
the officers Of those companies who
have not complied with our require
ments that they will do so al once,
Recommendations.
In conclusion the committe recon-
mends:
Some Of the State institutions are
not required to disburse their funds
through the State treasury and the
auditor and the committee recon-
mends that this be required of them
all, whether supported wholly or in
part by the State, thus giving the
State an insight and supervision Of
their management. That all securi-
ties deposited under Section 1880,
Revisal, be submitted to the attOr-
ney general who shall with the in
surance commissioner approve the
same, especially for the reason that
the bond of the insurance commits
sioner is only $4,000 and securities
in his possession aggregate 5 ,0OO,-
600 and the State treasury should be
custodian of all funds which belong
tc the State, either direct or in trust.
1t appears that some of the State
institutions do not report their earn
ings to the State treasury. This
should be done and statute passed
to that effect.
Treating the conditions as the
committee found them in the office
of the State auditor, the records de,
clared to be accurately and neatly
kept and the work of the depart
ment Endorsed except in that VIZ
recommend that more attention bt
given the law under which claim:
are filed against the State before The
auditor allows a warrant on ths
treasury for the same. This, W.
think, will be done in future. Their
follows a list of vouchers issued b,
the auditor, as the committee
claims, without authority, and pait
by the State Treasurer, that the com
mittee can not approve. They fol
low:
voucher No. 1898, draws $99.S7
payable to n. A. Watson, sheriff
This seems to be for the expenses O
bringing a fugitive from justice bacl
to this State, who had fed therefrom
and the bill which he filed and which
was sworn to allows him ten cent
per mile actual expense, whereas
section 1889, under which the war
rant was drawn, in our opinion, doe
not warrant or justify the paymen
of an amount greater than his actua
milage. In this connection we de
sire to say that there have been
great many vouchers issued in sec
: ton 1888, Revisal, which has RET
erence to the arrest of fugitives fro1
e justice. We feel that the State in
great many of these cases has bee
> imposed upon. In none of thes
IL cases has the law been compile
u with, in that it does not appear thu
|. any proclamation has been filed
Ii some cases no record that proclaim:
IlOuS were ever puUIlSHou OF reward
It offered, and we think that before an
It further amount is paid out unde
this section, it should be absolutel
= complied with in every respect W
1t also desire to say that in our opil
d ion, in the bringing of convicts |
# the penitentiary from the vario,
'e counties of the State, the sheri
al should be required to come the nea
W est route. We find that in SON
lie cases this has not been done, and b
s. fore issuing warrant for the payme1
r. of this expense, the auditor shou
e ascertain that the statute requirir
a this has been complied with.
N 1--WE find that in 1885 the legi
lie lature passed an act which was
Sc communication of rent, by which Il
Id Governor was allowed $50 per mon
~ so long as the executive mansit
id was unfit for occupancy and no lon
o. er. We ascertain that the vario