Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-03-23
REWRITING or
RECORDS UNDER
INVESTIGATION
CONTINUED from page H.

sion and effort, to find them has been
unsuccessful. There are no original
vouchers on file, according to Secre-
tary Crawford. The audit company
report also quotes A. w. Ieuhrs, for
mer secretary. to McGovern, as saying
that records were purchased in 1918
and; h a transactions were entered
thereon by shim, but these cannot be
found. Records OF the Mil ana Ele-
vator association were first i IN contro-
versy in December, 1890, when the
Bishop rtasnian auditors attempted
to get them but were told they had
been removed from the Fargo office.
a. Accounts Did Not. Check
An overdraft Of ~$s1,47s.0s by the
Mil and Elevator association was re-
ported by the Bishop-Brissman com
pany auditors who have rust report
ed on their survey Of the mill and
elevator association. The report says:
up to December 81, 1920, ono ac-
count was maintained by the Bank
Of North DakotA, receiving deposits
Offices, Grand, Forks, Fargo and
Drake. January l., 1891, two ac-
counts were, maintained, by the bank,
n for Grand Forks and another. for
Drake. Apparently no attempt had
been made to .harmoniEe the bank
balance with the bank. The Grand
Forks records show the bank account
to be overdrawn $50, 287.6G, with no
provision made for bank Withdrawals
by. the Fargo Office amounting to
$13,494.s7. The correct ovefdraft il
$31,47S.0s.
= Expenses At Gfaasd Forks.
The expenses incurred in the Grand
Forks mill n elevator protect which,
pNrnFAfnN IN thn AsnA&$ -nrSe~~Sk
loss because there is no physical val
ue shown or it, inchldes:, Interest,
B0nk Of North Dakota, $54,o3I.5a;
interest," Strong scott conipany.. Paw
ling Harntschfeger company, Grand
Forks CQmrnercfal'fc Club, bonds re-
tired $s7J410. 72; safat1es, S~3s,se6.8Y;
Equitable Audit company .H$405.oo;
Economy Supply company, .33,05e.34,
= '$3Nf Retroactive WagesL .tt5
Retroactive wages amounting to
$22sS.s6 were paid by the Drake
adjustment with unions. The retro
active wages covered the period from
July I, 1920, to February 1. 1921.
Among those who drew, retroactive
wages was Rose Keller, bookkeeper.
who drew $3.50 retroactive wages and
$85 overtime and additional wages
Of .$175 at time of leaving the mill
service. w. B. Hubbard drew addi-
tional wages at the time Of leaving
service of $55.40. -
It Drake Flour Losses.
aThe"loss in manufacture of flour at
the Drake mill rs shown in the Btsh-
as In the Equitable Audit company
report. The record for 1921 follows:
Cost of 1888 barrels sold, $112,-
026.60, or $7.0844 per barrel; total
cost, expense. interest, etc, $s.46l6
per barrel; net sales $6.9O51 per bar.
rel; loss $1.5564 per barrel. A state
ment for 1919 and 1920 is not made
it is stated, because production rec.
ords could not be found.
Grand Forks Subscriptions.
Regarding subscriptions OF the
bonds audit report says: Item Of
Grand Forks Commercial club, bond
subscriptions represent two cash de.
posits-$5o,o 06 on August 20, 1920
and $4,000 on December 70, 1920
Tho additional 50, 500 is In the natur,
Of subscriptions and were hseds5f To-
the payment of i~nterestton subScrap,
tons to July 81. 1921. ID, the amoun
Of ~$3,066.66 and cash deposit ii til,
Bank of North Dakota OF $733.34 OF
August 20. 1921" This item was Sc
up dS q 4d1OllAly anu LucEe 10 LOl6 oX
planatdon: This transaction was ap
parently handled by the secretary O.
the Grand Forks Commercial club
and no subscription list was on file il
the Office Of the Grand Forks mill
industrial commission or the Bank o
North Dnkota- mo interim certifi
Gates or bonds appear to. have beef
issued for the said amount" +
Other Drake Items.
The value of the Drake mill il
fixed as follows by auditors: Origina
purchase. 10000 additions, So,
oBs.O8; furniture and fixtures, 81,
027.27; less depreciation reserve So,
629.A6; less de1reciatiop in value
5000; net worth of plant. $21.
A total Of. ~s2s.e6s.7s applicabl,
to 1920 sales Of flour of~the Drak,
mill on assignments has been write,
off the books BY auditors as uncollec
tible. A large part OF the consign
rnetns went to the Consumers Store
company, now bankrupt. The bal
ance of. 81 400, due IN cofsdgnmen,
Is the a6nount estimated by the mil
manager to DE %coIlectible.
Total sales Of the Drake mill 70
J the year 1921, amounted to 1874,
or, Of whichs31ls.7 1896. was in flou
Political U~pntsdbution.
actions of the Mil and Elevator ~
ISOLATION appears the laconic item
DonationF--Recall fund. 81. 4