Cashbook of transmissions of money to foreign countries B1948

Cashbook of transmissions of money to foreign countries

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Overview of the Records

Repository:

New York State Archives
New York State Education Department
Cultural Education Center
Albany, NY 12230

Summary:

This series documents a little-known state program to protect the assets of foreign-born persons entering the United States. The series consists of a cashbook documenting receipts from and payments made as refunds of foreign money orders. Entries for refunds include date, names of remitters, account to be credited (remitter and payee), refund page reference, and amount. Headings for payments include date, check number, name of payee, account to be charged, receipt page reference, and amount.

Creator:

New York (State). Department of Audit and Control

Title:

Cashbook of transmissions of money to foreign countries

Quantity:

0.25 cubic feet

(1 volume)

Inclusive Dates:

1922-1940

Series Number:

B1948

Arrangement

Chronological by date of entry.

Administrative History

The article, "General Business Law Art. X-A," was enacted by Laws of 1921, Chap. 354, Art. 10-A and concerned transmission of money to foreign countries. It required that any steamship company or express company receiving money pay it out promptly and not hold it; that is, in effect, act as a banking institution. If money paid out was returned as undeliverable, it was to be turned over to the state comptroller for payment to claimants. If money was unclaimed within five years, it escheated to the state.

Scope and Content Note

This series documents a little-known state program to protect the assets of foreign-born persons entering the United States. Series consists of one cashbook documenting receipts from and payments made as refunds of foreign money orders. Entries for refunds include date, names of remitters, account to be credited (remitter and payee), refund page reference, and amount. Headings for payments include date, check number, name of payee, account to be charged, receipt page reference, and amount.