§ 148. SCHOOL OFFICERS NOT TO BE INTERESTED IN CONTRACTS OR SPECULATE IN SCHOOL SECURITIES.] No school officer shall personally engage in the purchase of any school bonds or warrants, nor shall any such officer be personally interested in any contract requiring the expenditure of school funds except fuel and such supplies as are in daily use, but [not] including furniture, or funds appropriated by the State, county, school corporation or otherwise for any school purpose connected with his office; any violation of this section shall be a misdemeanor.
§ 149. PENALTY FOR UNLAWFUL DRAWING OF SCHOOL MONEY.] Any person who draws money from the county treasury, who is not at the time a duly qualified treasurer of the school corporation for which he draws the money, and authorized to act as such, shall be deemed guilty of a misdemeanor, and shall, upon conviction thereof, be punished by a fine of not less than twenty-five (25) dollars.
§ 150. UsE OF SCHOOL FUNDS FOR PRIVATE USE AN EMBEZZLEMENT.] Every treasurer of a district who shall loan any portion of the money in his hands belonging to such district, whether for consideration or not, or who shall expend any portion thereof for his own or any other person's private use, is guilty of embezzlement, and shall, upon conviction, be punished as provided by law, and no such treasurer shall pay over or deliver the school money in his hands to any officer or person, or to any committee, to be expended by him or them; but all public school funds shall be paid out only by the proper treasurer, as hereinbefore provided.
§ 151. PENALTY FOR FAILURE OF TREASURER TO PAY OVER.] If any person shall refuse or neglect to pay over any money in his hands as treasurer of a school district to his successor in office, such successor must, without delay, bring action upon the official bond of such treasurer for the recovery of such money.
§ 152. PENALTY FOR FAILURE TO MAKE PROPER ENDORSEMENT ON UNPAID WARRANTS.] Any violation by a district treasurer of the provisions of this act, requiring endorsement of warrants not paid for want of funds, and the payment thereof in the order of presentation and endorsement, shall be a misdemeanor, punishable by a fine not exceeding one hundred (100) dollars.
§ 153. PENALTY FOR FALSE REPORTS. ] Every clerk or treasurer of a district who shall willfully sign or transmit a false report to the county superintendent, or willfully sign, issue or publish a false statement of facts, purporting or appearing to be based upon books, accounts or records or of the affairs, resources and credit of the district shall, upon conviction, be punished by a fine of not exceeding fifty (50) dollars, or by imprisonment not exceeding fifteen days in the county jail.
§ 154. PENALTY FOR FAILURE TO TURN OVER RECORDS TO SUCCESSOR.] Every clerk or treasurer of a district who shall willfully neglect or refuse to deliver to his successor in office all records, books, papers, accounts and all other property belonging thereto,
