The Custody of State FundsNational institute of public administration, 1925 - 176 Seiten |
Andere Ausgaben - Alle anzeigen
Häufige Begriffe und Wortgruppen
active depositories administration amount approved attorney-general auditor average bank depositories banks bid bill borrowed capital and surplus capital stock carried cash balances cent interest checks Chicago Chicago Tribune collateral competitive bidding Cook county corporate surety bonds custody daily balances deposit accounts depository banks depository board depository law distribution dollars fiscal governor Grant Park Bank handling Illinois inactive depositories inactive deposits Indefinitely independent treasury independent treasury system interest earned interest rates interest receipts investments Kentucky legislature less loans ment method Monthly municipal municipal bonds National Bank North Dakota Ohio paid payment Pennsylvania period permanent school fund positories practice present provision public deposits public funds public money Quay rate of interest received revenue Senator sinking fund South Carolina state's statement statute sums surety bonds surety company bonds Texas tion tories treas treasury balances treasury system Trust Company urer vaults warrants West Virginia
Beliebte Passagen
Seite 31 - The making of profit, directly or indirectly, out of State, county, city, town or school district money, or using the same for any purpose not authorized by law, by any public officer, shall be deemed a felony, and shall be punished as provided by law.
Seite 114 - January 31, February 28, March 31, April 30, May 31, June 30, July 31, August 31, September 30, October 31, November 30, December 31.
Seite 146 - And every such bank, banking house or trust company shall execute and file in his office an undertaking to the state, in the sum, and with such sureties, as are required and approved by the...
Seite 135 - ... or more persons actually do an unlawful act, with force or violence, against the person or property of another, with or without a common cause of quarrel, or even do a lawful act in a violent...
Seite 141 - ... conviction thereof shall be punished by imprisonment in the penitentiary for a term of not less than one year nor more than ten years, or by a fine of not more than one thousand dollars, or by both such imprisonment and fine.
Seite 126 - ... interest, and payable by the State in ten years. A principal bank was established at Vandalia, and four or five branches in other places; the legislature elected all the directors and officers; a large number of whom were members of the legislature, and all of them professional politicians. The bank was directed by law to lend its bills to the people, to the amount of one hundred dollars, on personal security ; and upon the security of mortgages upon land for a greater sum. These bills were to...
Seite 121 - ... fund as may be deposited by the state treasurer in pursuance of authority herein given, shall be collected by him and placed to the credit of such fund.
Seite 50 - ... 83, footnote 4), but the bureau's 1918 statement makes no reference to this condition with respect to the fund of any State. The real facts in the case are that in no less than one-third of the States the funds reported as permanent school funds are totally or largely mere fictions. In some States funds once accumulated have been diverted or lost. Other States, such as Michigan, Maine, and Ohio, have by legislation adopted a definite policy of using for their own purposes all moneys paid into...
Seite 32 - ... his hands is absolute, or at least equal to the common law liability of a common carrier for the safe transportation and delivery of goods committed to it for carriage, and yet that for any profit or gain made by the officer out of the use of such funds he must account to the owner of the funds, whether the same was made lawfully or unlawfully. (4) Those which hold that if the officer, not being such owner, makes gains out of the public...
Seite 140 - Invest said capital, surplus and other funds, or any part thereof, in bonds or notes secured by mortgages or trust deeds on unencumbered real estate located within said states, or the District of Columbia, or either of them worth at least double the sum invested or loaned, or...