Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-07-13
STATE BANK
GAVE DRAFTS
]. ON OTHERS: / /.
Number Of Financial Insti-
tutions Refuse to Honor
Such Demands.
.--- -- ---- ---sIs
MANY CHECKS ARE
NOT BEING HONoRED
Apportiorl1nent Monies I'm
available; Unpaid Bills
Are Piling Up.

members OF Lhe faculty. OF Nthe
University Of North Dakota are still
whistling for their pay for the month
of. June. $
The reason for this condition ac-
cording to ]. w. Wilkerson, secretary
of Sthe university Is that about $685.
900 worth of drafts received from the
Bank of North Dakota drawn on a
large number of other banks scatter
ed throughout the state are still un-
paid.
The university payroll amounts to
between $4,000 and $2s, 900 monthly,
and the payrolls for both May and
June were met by the Bank of North
Dakota by the issuance of drafts on
other banks. Over 200 drafts repre-
senting total of some $55!000 were
issued in this manner, and the drafts
were placed by the university in a
local bank for collection.
Some $4,000 Of these drafts have
now been paid. and with the assist
ance of the balance Of the. university
funds already in the local banks the
May payroll was met.
The collections were not sufficient
to meet the June payroll, however,
and therefore the secretary's office
has been compelled to hold up the
pay checks of the faculty members.
Borrow ON Checks.
In about dozen urgent cases. ac-
cording to Mr.. ,Wilkerson, checks for
June were issued by the university,
but, were endorsed to show that there
were no funds on hand to cover them.
The faculty members to whom these
q checks were issued were able. how
s1ssks szsE s 81 sssaa sssalst 30 asnt dis IL
count. 4~S II d @
Of the banks which have failed to
honorsfSthe drafts Of the Bank. Of
North Dakota are located in the west
ern part of the state, and include
some OF those in which the Bank of
North Dakota has kept large accounts
for a long time.
How soon it will be possible to pay
the university men their June salaries
is still uncertain. In the meantime the
July payroll of the summer school
faculty will be due August 1.
Aid Checks Turned Down.
1n"the I.9eantime reports continue
Bank of North Dakota to pay to
state school aid checks mailed some
10 days ago to the various counties
throughout the state. sf
Nelson county has received back
its check for $6,4oo unpaid. @
Payment has been refused on the
Ramsey county apportionment Of $8,-
ots This .Ssns Gounty o a has weaH. NUMBER asd
which have not been paid.
The Walsh county apportionment
check for $11,300, which was for
warded to the Bank of North Dakota
through a. Bismarck bank, was re-
turned unpaid. It has now beeN sent
to the Bank of North Dakota direct
but the county officers expect that II
will meet the same fate on this trip.
Road Check Also
Pembina county reports that its
state aid check for $8,067 has, been
turned down by the Bank of North
Dakota has also failed to pay a check
for $500 issued in payment for road
work near Cavalier.
The Bank Of North Dakota has re.
fused to pay Traill county's apportion.
ment check amounting to $6.S41 and
there are: several other small checks
from that. county which have not al
yet been heard from.
No report has been received as YET
on the Grand Forks county state aid
check.
An illustration Of the difficulties
arising from the failure of the Bank
OF North Dakota to meet its obliga.
tions Is reported from Btsmarcl
where the city school treasurer re.
ceived a $4,000 check from the coun.
ty treasurer on which the Bank OF
North Dakota refused payment. With
the school officials pressing for pay
rnent Of urgent bills incident to the
closing OF the school year arrange
ments were finally made by which the
Bank Of North Dakota will try to pay
the check in three installments, one
Of which has so far been paid.