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Monday, February 28, 2022

State Treasurer's Health Improving So He Can Sign State Bonds, Feb. 18, 1922

Lacy Will Sign Bonds Wednesday. . . Although Physicians Object, He Expects to Complete the Job

State Treasurer B.R. Lacy, who has been critically ill at the Pennsylvania Hotel in New York City for the past two weeks, was much better yesterday and plans to complete the job of signing 2,000 State bonds, over which he collapsed, according to a telephone message from Governor Morrison in New York yesterday.

Physicians attending Mr. Lacy are opposed to his determination to sign the bonds on next Wednesday, but he himself thinks that he will be sufficiently recovered in strength to undertake it. Governor Morrison will today confer with ankers in the matter of extending the time for the delivery of the bonds, which fell due on February 15, two days after Mr. Lacy was stricken with pneumonia.

The condition of the State Treasurer and the outcome of the conference between the bankers and Governor Morrison today will determine whether State Auditor Baxter Durham will go to New York tonight to sign the bills for Mr. Lacy. Under the law, the auditor is authorized to sign for the Treasurer in case the latter is incapacitated.

The heroic determination of Mr. Lacy to fulfill the duties of his office, even when laboring under illness and physical exhaustion has stirred the profoundest admiration among his thousands of friends in the State. He went to New York two weeks ago to sin 4,500 State bonds in time for delivery on February 15, when they fell due.

Although ill when he left Raleigh, he began work when he reached New York, sitting on the side of the bed with two nurses in attendance. Temporary arrangements for extending the time were made by Joseph G. Brown, president of the Citizens National Bank, Raleigh, when Mr. Lacy grew too ill to continue his work. Governor Morrison left Friday for New York.

From the News and Observer, as printed on the front page of The Smithfield Herald, Tuesday, Feb. 28, 1922

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