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Proceedings of the Senate, 1876
Volume 414, Page 81   View pdf image (33K)
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1876.] OF THE SENATE. 81

as to the alleged receipt by the State Treasurer of interest or
other consideration from banks or other depositories of State
monies, for placing the same with them on deposit, without
accounting 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 sead 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
General Assembly of Maryland, and at any time it may
think fit, a 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
Committee, appoint five members of same te take the testi-
mony in regard to said order in so far as the same relates to
the present Treasurer, Barnes Compton, Esquire, as to the
matter 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
interrogatories and answers propounded to and answered
under oath by the Cashiers of the several banks of this
State, wherein 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 dif-
ferent banks which have had the sole custody of the funds of
the State since yon have been its Treasurer, and whether any
monies of the State have been loaned or deposited else-
where?

Answer. The monies 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' Na-
tional Bank of Baltimore, and the Citzens' Bank of Annapo-
lis, the bonds of which banks, each for the sum of fire hun-
dred thousand dollars, approved by the Governor, as requir-
ed by the Constitution, I hold; nor have I ever deposited


 

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Proceedings of the Senate, 1876
Volume 414, Page 81   View pdf image (33K)
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