Salt Lake Telegram | 1927-07-08 | Page 2 | Bankers Expose Alleged County Fund Shortages

BANKERS EXPOSE S All ALLEGED fD C COUNTY fUND SHORT SHORTAGES A f Proposed Property Sale Led to Examination of Abstract Information from officials of the Utah State National bank first disclosed the reported report d discrepancies In the redemption department of tire the county treasurers treasurer's office when George T T. J Judd dd was redemption deputy under the administration of County Treasurer E. E G. G Groesbeck Groesbeck Groesbeck Groes Groes- beck it was learned Friday Discovery of ot other discrepancies and alleged shortages in the treasurers treasurer's treasurers treasurer's trea trea- surer's accounts by special audItors audi audI audI- auditors tors tora led the county commission to Wednesday suspend Mr Judd who took office as county treasurer treasurer treasurer trea trea- surer on January 1 of ot this year According to bank officials it was learned that a piece of ot property property property prop prop- erty was to be sold and one of the employee of the bank was sent to make an abstract The bank records showed that a cheek check k for more than had been paid by the bank to the county treasurer for redemption of ot the property While t the e original receipt showed the exact amount the figures on the duplicate receipt had been changed to read something over It was found when the property property property prop prop- erty was being a abstracted bank officials stated Officials of the bank called this fact to the at attention attention attention at- at of the special auditors who were making the annual audit and this led It was said to further further further fur fur- ther Investigation and the dis dIs- dis- dis closures Consultation with acting County Treasurer Walter A A. Day who was appointed to serve during Ms tris suspension suspension suspension sus sus- pension was held by Mr Judd Friday morning in his private of ot flee fice In the treasurers treasurer's office ottice Formal approval of ot the required bond filed tiled Thursday by Mr 11 Day was wa made by the county commission commission commission commis commis- sion Friday morning The bond bondIs Is the statutory one of of The American Surety company and the Maryland Casualty company have bave each taken of the bond