It shall be the duty of the treasurer to keep a true and accurate account of all moneys paid into the treasury, by whom and on what account received; pay out all such sums of money as may be ordered by the board of trustees, and only upon warrants therefor signed by the president and countersigned by the village clerk; and in all cases such warrants must state upon what particular fund they are drawn. Any bond or interest coupon issued by the village, and due and payable, shall be considered as a warrant duly authorized for payment by the treasurer. (Prior code Ch. VII, § 2)