Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-01-13
National Bank Of Fargo, and at the same

-
National Bank Of Fargo, and at the sam,
time the account of that bank was char
ed with q deposit Of that amount. o.
August ~, 1909, the auditors warran'
for $25, 215.26 was charged back to tn,
state by the First National Bank O.
Fargo, as the bank did not care to carry
it and communicated by telephone WITT
the defendant in regard to the matter
The bank, however, before returning It.
was requested to hold it three days. The
amount was credited back to the bank
in the state treasurer's books under date
Of August l6. 1909, but did not appear as
q. cash item again until August IS, 1909,
1t was then kept MS a cash item for about
a week and then again entered upo:
the remittance register with other items
as q remittance to the First National
Bank of Fargo and charged to the ne.
count of that bank. It was not, in fact,
however, RENTED and this fictitious
debit was offset by crediting to that ban
an equivalent sum on September 80.
1909. In this connection IL, should be
stalled tina under Chapter PIT of the
Laws Of 1909, the state treasurer was
required 10 file with the governor and
publish quarterly q statement showing
the deposit of state funds, and Septem-
her 3Oth, 1909, was the last day Of the
quarter. This same paid warrant again
appeared as a rash item from September
30th, 1909 until January, 1910, when 1t
was again put OH the remittance regis
ter as a remittance to the First Nation
al bank of Fargo and charged as q de-
post to the account Of that bank. u
was not in fact, however, RENTED. TO the
bank. 1t is to be noticed in this connec.
ton that there was to be, and was,
| another examination by the state audit
ing board or the state bank examiner
of the treasurer's office on or about jar
uary 9Th. 1910. The result of this entry
was to make it appear on the treasur-
er's books that there was $25, 215.2 6 more
on deposit in the First National Bank OF
Fargo than there actually was. Another
quarterly report was due at the end OF
March, 1910, and on March S1st, 1910, a
check was drawn by the state treasur-
err on the First National Bank Of Fargo
and made payable to the Citizens STATE
Bank of Flaxton, for $1,000. and charged
to that bank. The check, however, was
not sent IN or used, out was placed
among the cancelled vouchers in the
state ~treasurer's office. On March 28th,
1910, another state treasurer's check
for 1923 ,315.26 was drawn on n credit
| ed to the account of the First National
Bank of Fargo and made payable to the
Union National Bank at Grand Forks
and charged to it. This check was not,
however, used or sent out of the state
treasurer's office, but was also retained
and placed with the cancelled vouchers.
although the result of the issuance Of
both checks made it appear that the
pretended deposit of $25, 215.26 in the
First Nationar Bank at Fargo, had been
transferred to the Citizens State Bank
Of Flaxton and the Union National Bank
at Grand Forks. In this manner the &C.
cout of the First National Bank at Fargo
was reduced on the state treasurer's
books to conform to the actual balance.
but it made the state treasurer's books
show $1,000 more in the F1axton bank
and $23,215.26 more in the Grand Forks
bank than the balances actually were.
To remedy this discrepancy, the defend
of the Flaxton bank, sent for redemption
to such bank a certificate of deposit for
$4,000. Of which $1,000 was to be credited
by the bank to the state, and a draft
issued to the defendant for $1,000, the bal
ance of the $4,000, and a separate draft
to the defendant for $54.65 for the ac-
crled interest. This separate draft for
S54.65 was never credited to the state,
nor was the deposit of $1,000 charged to
In order to remedy the discrepancy in
the account of the Union National Bank,
a deposit for 1923, 2l5.2 2 was made on
March 2sth, 1910. This deposit was COM
posed of the certificate of deposit Of
the Bowbells Bank for $780, 600 dated Oc-
tober 11th.. a draft of $1,000 from the
Flaxton Bank. and $215.26 In some form
from the Bowbells Bank, making s29,315.-
81 in all. For these items defendant OBJ
tanned a draft from the Bowbells Bank
for the amount Of 1885, &c, which he
sent to the Grand Forks Bank. The eff
feet of this was that it repaid $50, 215. 26
Of the previous Interpretations. the
1900 and $1,000 of state funds derived from
the FlaXton certificate being. however.
merely transferred from one bank to
another, and the s54.b5 interest item being
unaccounted for. .
In addition to all of this there were
also received from Barnes County in
March and April, 1909, SIS, 220.55 for Feb
ruary school fund collections, SIG. 569.S7
for ordinary February collections, and
sl1, 64G.l4 for ordinary March collections.
These amounts were as before sent bv
means of checks on Valley City banks.
The checks were sent to the Bowbells
Bank and certificates of deposit were taken
for the two last items and a draft on
a Minneapolis Bank for the first item
of $500 Is. The certificates Of deposit
and draft were, as in the case Of the for.