State Reform School

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(Economic Impact)
(Economic Impact)
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In 1895, a spending authorization passed to reimburse:
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*  First National Bank $2,328.36 (about $62,000 in today's values) for operating loans extended to the school from February to December 1894.
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* Montana National Bank, Helena, $2,947.45
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* American National Bank, Helena, $1856.16
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* Merchants National Bank, Helena, $2973.28
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* Helena National Bank, Helena, $2037.06
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(These were approved in late Feb - early Mar, but by mid-March, there not being enough money in the State Treasury to pay them, another bill was passed to pay them all the interest (6% = $359.09 on $12,142.31 loaned)
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* $700 ($19,000) to Larsen & Smith for building a stable
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* Thomas Salverson, 76.97
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Richard L. Clark, 27.00
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J. W. Howarth, 35.00
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N. P. Sorenson, 9.75
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E. Inglett, 7.75
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A. B. Lindberg, 21.75
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In 1899, a spending authorization passed to catch up some unpaid bills for the previous three years. For some reason, very few payments were made in Sept 1896, including the payroll. Perhaps this took care of it, but if so, it must have been tough to wait 3 years to receive an entire month's wages. No payments are listed in the regular reports for Dec 1896, or for Nov, Dec and half of Oct 1987. Note that the Hyltons were replaced in May 1897, so this appropriation contained two months of wages for each about 2 years after they stopped working for the school.
 
In 1899, a spending authorization passed to catch up some unpaid bills for the previous three years. For some reason, very few payments were made in Sept 1896, including the payroll. Perhaps this took care of it, but if so, it must have been tough to wait 3 years to receive an entire month's wages. No payments are listed in the regular reports for Dec 1896, or for Nov, Dec and half of Oct 1987. Note that the Hyltons were replaced in May 1897, so this appropriation contained two months of wages for each about 2 years after they stopped working for the school.

Revision as of 15:52, 21 December 2013

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