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The Office of the Treasurer’s financial statements are intended to present the financial position, results of operations, and changes in financial position of only that portion of the fiduciary activities of the State of Arizona that is attributable to the transactions of the Office of the Treasurer.
Letter from A. F. Potter to Carl T. Hayden describing John H. Page's request to build a railway for the Canyon Copper Company as "impractical."
The Treasurer's Office is essentially the State's Bank. The primary responsibilities of the office include the receipt, safekeeping, investment, and disbursement of monies belonging to the state, as well as the safekeeping of investment securities and performance bonds held in trust on behalf of state agencies.