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Proceedings of the House, 1876
Volume 413, Page 128   View pdf image (33K)
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128 JOURNAL OP PROCEEDINGS [Jan. 21,
BY THE HOUSE OF DELEGATES,
January 19th, 1876.
Gentlemen of the Senate:
"This House has referred to the Joint Standing Committee,
under Sec. 24, Art. 3, of the Constitution, the inquiry as to
the alleged receipt by the State Treasurer, of interest or other
consideration from banks or other depositories of State moneys
for placing the same with them on deposit, without account-
ing for such to the State.
"This House therefore respectfully requests the concurrence
of your Honorable Body in an instruction to said Committee
that it do proceed at once with said inquiry, with authority
not only to send for books, documents, papers and accounts,
and summon, and examine on'oath witnesses, but also to sit
during the sitting of either or both of the Houses of the Gen-
eral Assembly of Maryland, and at any time it may think
fit, in Baltimore city; and that said Committee shall report
in the premises within fourteen days.
By order,
MILTON Y. KIDD,
Chief Clerk."
Beg leave to report that they did, at a meeting of said Com-
mittee, appoint five members of same to take the testimony
in regard to said order, in so far as the same relates to the
present Treasurer, Barnes Compton, Esquire, as to the mat-
ter of receiving compensation or consideration for the money
of the State deposited with certain banks of this State, to wit:
Messrs. Walsh, Lee, Neal, Lewis and Farrow, who, in the
discharge of the duty assigned them, did return to us at a
subsequent meeting, of this, our Committee, the following in-
terrogatories and answers propounded to and answered under
oath by the cashiers of the several banks of this State, where-
in the State's money has been deposited, to wit:
Barnes Compton, the Treasurer, being sworn testified as
follows:
Interrogatory. Will you state to the Committee the differ-
ent banks which have had the sole custody of the funds of
the State since you have been its Treasurer, and whether any
moneys of the State have been loaned or deposited elsewhere?
Answer. The moneys of the State, since I have held the
position of Treasurer, have been deposited in the Farmers'
National Bank of Annapolis, the Farmers' and Merchants'
National Bank of Baltimore, and the Citizens' Bank of An-
napolis, the bonds of which banks, each for the sum of five


 
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Proceedings of the House, 1876
Volume 413, Page 128   View pdf image (33K)   << PREVIOUS  NEXT >>


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