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NORTH DAKOTA REPORTS.

said school township, each of said bonds being for the sum of $500, and bearing 7 per cent. interest per annum. Paragraphs 7, 8,9, 10 and 11 of the complaint are as follows: ‘“(7) That both of such school bonds, each being for the sum of five hundred dollars, and of the value of five hundred dollars each, were placed in the hands and custody of William Haseleu, the treasurer of said school township, for the purpose of negotiation and sale, and that said William Haseleu did negotiate and make sale of said two school township bonds with C. T. Ingersoll for the whole sum of nine hundred and fifty dollars cash. (8) That on the 2gth day of June, 1884, the term of said office of said William Haseleu. expired as treasurer of said school township, and one Lewis M. Olson immediately succeeded him, the said William Haseleu, as treasurer of such school township, and received from his predecessor, the said William Haseleu, the books and papers belonging to his said office; but that the said William Haseleu neglected and refused to turn over to him, the said Lewis M. Olson, and to deliver up to him, the two school bonds heretofore described, or to turn over and deliver up to him, the said Lewis M. Olson, the moneys for which said described school bonds were sold, and neglected and refused to account for said bonds or their proceeds, or any part thereof, except the sum of fifty dollars. (g) That the said Lewis M. Olson, the school township treasurer who immediately succeeded the said William Haseleu as treasurer, repeatedly ‘demanded of the said William Haseleu the above described school township bonds, or their value, less the fifty dollars accounted for by the said William Haseleu, but that the said William Haseleu has all the time refused to turn over to him, the said Louis M. Olson, the said school township bonds or their value, and has refused in every way to account for their value or for the said bond, except as herein stated, and still refuses and neglects to account for them or for their value, or any part thereof, except the fifty dollars herein mentioned. (10) That the said Lewis M. Olson was treasurer of said school township for the five years next succeeding his first taking possession of such