1899 public laws – Ch.267 Sec.7

The moneys which shall from time to time be apportioned under the general school law of the state to the public districts embraced in the corporate limits of the town, and any moneys to which the said districts or portion of districts may be entitled by reason of any special tax, gift, grant, apportionment or otherwise shall be received by the treasurer of the town of Mount Airy, who shall be ex-officio treasurer of said school committee and whose receipt for such moneys shall constitute a sufficient voucher of such payment in the hands of any person paying the same; and the said treasurer shall report monthly to the said school committee his receipts and disbursements with all vouehers for the same, the moneys received as aforesaid shall be held by the treasurer as a separate fund to be disposed of under the direction of the aforesaid school committee, whose warrants signed by the chairman and countersigned by the secretary of said committee shall be the only valid voucher in the hands of the said treasurer for the disbursement of said moneys in any settlement required of him by the law. The said treasurer shall furnish annualbty on the first Monday in July to the board of town commissioners a statement in writing of his receipt and disbursement of the school money properly and duly audited and ap. proved by the chairman and secretary of the school committee: Provided, the accounts, books and vouchers of the treasurer shall be open for the inspection of the said school committee at any time. .