The 1861 Legislative Assembly created the office of Treasurer of the Territory. The Treasurer was appointed by the Territorial Governor with confirmation by the Legislature. The Treasurer served a term of four years, although the Assembly originally specified the position was to be for a two-year term. The Treasurer’s duties were to receive and keep all territorial money, to disburse public moneys upon warrants issued by the Auditor of the Territory, to keep comprehensive accounts of all moneys received and disbursed, to keep accounts of each appropriation, to report quarterly to the Auditor and at the beginning of each year to the legislative assembly, and to answer any questions pertaining to the treasury.
The Treasurer had the power to administer oaths and was a member of the Board of Examiners and the Board of Education. As compensation for his services, the Treasurer received 2% of all moneys received by the Treasury and 2% of all moneys disbursed.
John Henry Kinkead served as the only Territorial Treasurer. Kinkead was born on December 10, 1826 in Somerset County, Pennsylvania. He came to Carson City in 1860 to establish a branch of his father-in-law’s mercantile firm, Kinkead, Harrington & Co. He was a member of both the 1863 and 1864 Constitutional Conventions, representing Ormsby County. He served as Treasurer of the Territory from 1862-1864, and then moved to Alaska in 1867 for four years. After Kinkead returned to Nevada he became Nevada’s third governor, serving from 1879-1883. Kinkead revisited Alaska once again where he served as Territorial Governor from 1884-1885 then came back to Nevada where he lived until his death. Kinkead died in 1904.