The New York Herald Newspaper, January 20, 1856, Page 6

6 NEW YORK HERALD, SUNDAY, JANUARY 20, 1856. STATE FINANCES. eel nel payee ofthis fad aretstimated for {/ a: redeemable at pleasure, 5 ee ay ee OPE H LS, ite BoM sree an investment of capital should be the mes- | of the Tontive Fire Insurance Company, loca ed fi tion upon it, is nal in all reapect;, and | ci'y of New York, is annexed to thty report, wit Pore gay =r Comptroller's Bonds, vis. aecadguall WB rte ay Bbw pale hapal Mr ey eee a dy on fe Tree Te eee rol J in wi iJ erse! to «Loupttel, a wa! b+ Annual Boport of the Comptzsiler of the Interest on the balance due tie treasury Bonds Lssued for leune to the Tree- thestanderd ot the abla y wih which It se wasoged> Ii justice to Mesats: Miller, Cambrelliog and @tate of New Yorm, sury, payable on demand, 6 per In other words, it is assessed exactly ia proportim to | the sppraisers appointed to examine the cap’ Stare oF a Let, Domed aaa} ar ehivhadle Ggiias see's nih ada ee + 701,045 40 the talent, prudence snd integrity of the parties entrast- | Gre ivevrance companion forming in this city, ¢ Aunany, December 31, Receipts. Bonds imued per: Laws ed with its control, or exempt from taxa’ is axcord- | tional affidavit ofthe President and of It is the of the - i with Appropria‘ion from tazal reve- 1840, redeemable anes with the imbecili:y or Gt its eaaployes, ccmpany ia annexed wo the report. section 1 of title 3, chap. 8 of the first part of the Re- DUPE oo. ee eseeeeeseseees sees $950,000 00 CBT en cconccse coger ‘The law referred to ia unjust mass cf oar citi- It will be observed that the affidavit is as stroug es vised Statutes, exhibit to the Interest cn bank fand stock..... 3,000 Bonds isaued per chep. of mens, whose ty doce not form & part of s corporate | language cau make it, and the commissiouers had 20 re- 3850, for the benefit of franchise, farmer cannot claim anexemption from | source Dut to grant the company the requisite cettricste 855, is $2,¢ bridge Indians, 6 per cent....... 18,000 00 te xation, because of the shortness of his crops. or the | that it prescssed rufficiens cupitsl to cmmence business sn Beam OS Se ne Peiot nein ok | Da of Soko he 3s "Stmmtoners of Oe © Dope Seplosn proved thet absolute expla soning ents | “Coder tae race law th ve sepenig , am’t on tl mm! 2 Ce ou jute cal re: anim- Vnder the presen’ law Process can be re; a The following condensed statement cf the receipts and " sit Fund of Columbia county, in paire?. often as mmen'can be prevaile} upon to. tnke euon adlde- disbursements of the treasury, and the debt of th» cene- | Showing a Ceficiency in the fund, for the year 1846, 6 per cent - $,306 64 It is only when capital shelters itself under corporate | vite, neither is it at ail surprising that they should be ral fund, will its conditfon on the 20th September, | encing on the 0th Sept., 1856, of........., $22,460 21 1,043,341 33 | powers that it is ina measure exempted from its liabili. | made, es long as the Inw permits the formation of ia- 1856, ine porition more reacily comprehended than the OXNERAL FUND DEDT SINKING FUND, Bank S:ock, viz. W7[t9 sepport the government by which it is sted. surance com, , the evidence of whose capital rasts elaborate before By an examivcation of the statement it will be 50,060 00 this provision remain upon our statutes, it must ne- | upon a certificate of deposit ina bank, and aa aflidavit ‘The demands aecn that $67,005 29 is due the treasury from that fund. 282,667 85 | cesrarily lead to o large reduction of the amvant of | of the parties interested in perpetrating the fraad. estimated expenses.......... . this fond was created by section 2 of article 7 of the —————— | property liable to pey its fall proporiion of taxes. The ‘There is not probably a singi- member of thin Legisis- Amount due pre-ent cynstitutien, and was deemed at that tine suffi- Total... ...+ cree sees cceevene oe «2,457,620 86 | effect of it wil be to increase the amount to be levied | ture tbat is not usinted with the fact that some of ‘Temporary ciently ampl+ to finally discharge the then existing debt, Revene, upon that description o: property nt entitled to this | bis immediate ccnstituen’s have sutteet pecuniacy loss by @ payment inte the treasury of $350,000 per annum | Balance cf revenue in the treasu: exewption. by iprurance companies, either in psying « prentam to Total amount from the canal revenues. Other provisions were madeto on tle 20th Sepiember, 1854.. .| 033 a7 Were this rule ay to the citizens of the State gen- | some worthless company for @ policy, or one oscasioned Revenue, as ¢1 * ++ 2,080,960 00} the same section for on ineresse of the amount of pay- | Amcunt received into the q@ally, vis : that ¢ me personal property of each individual | by the cestrucion of property by fire, the ovace of Frroae 7; | MEBEte the General Fund. which result 1 at least e- | “during the year encing 20th sbeuid furnish him with a net tzcome over apd above all | which ss unable to coliect the amount insured thereon Deficiency 30th September, 1856........... $51,043 17 | mote, it not improdable, under the recent amendment of 1866, (eee statement A.)...,...,281,016 06 his expenses, of five per cent, or be should be entitled to ‘The evils arising from the present eystem must aod This amount of ‘expenditure, it will be observed, con- | the same instrument. Awount truns‘errea from the Gen- commute his taxes for five rer cent upon that net annust | wil: be constantly augmenting, a sure as the amount of templates the payment of the eutire incedtedacas of the ‘The revenue of this fand is inadequate to meet its dis- ers] fund revenue for interest on income, the amount to be levied and collecte? upon per- rty increases within the borders of our State, nn- fund during the preacut fiscal year, with the exception of | bursements, anda yesrly deficiewcy is an inevitable ne- Pe in the treacury, per chap. ropa) property would become a mere cypher in the aggre- bone will an insurances lew, for the $51,043 17. cossi'y, uoless the same be provided for by the action of 382, Of 1849... ...eeeeeee- 27,ULL 67 at as total of property Mable to taxed in this | protection of its inhebitants, instead of sach yearly A temporary loancould bs euthorized in anticy She Leeptiacare, a-one Pam anges pay the interest on 488,161 20 amendments to the present one as are suggested by their of the tax to be levied for 1855, and thus enable in- | a portion of its debt. Amount paid cut of the treasury Ej pete! this act, fo atrange and un Cfloers and agents interested in sustaii the preseat debtednesa to the trust funds to be Gnally Nquidated, or deficiency of this fund to meet its obligations for during the year exding 30th Sept., equal in its practical effects, has led the Comptroller to | systera, and who surround our lezislative halls for that $50,000 of the present tempora-y loan, extendei for one | the current year of 1658 was....... ........85,200 22 1856, (see @tatement B.)........510,000 00 exemire the journal of both Houses of the Legislature by PUTO at each succecding session. year with like results. The benefit of finally clo ry 6 | For the fiscal year ending SOth September, 1854.11,568 68 | Amount transferred to the General which it was enacted. ‘The failure of an insurance company falls upon a ioe secounte with the general fund will be stated at length | For the year encing 80th September, 18E8.... ..16,851 97 Funé, for inte.est which had ac- In the House of Avsembly but a single vote was record. | tion of our citizens with more crusning force thac that upéer the head of School Fund. Estimates deficiency for the year encing 20th crued on bonds transferred from ed against it; the tors. of the vill having probaoly | of any other corporation. This result can be cvly reached by confining the ex- September, 1666.,......sessecesereces 200022409 2b that fand,,...ccrcereccescesece 518 26 rucceeded in satic! that hays sean a excep: The proceeds of a Jife’s labor are owopt anay ty Soe peuses of government to the estimated amount dafore | I: iv evicent that the situation of this fund Is such, ua- ——— 910,512 26 | tion, that all were in reality charitable or,| mistortunes of & —_ hour from citizen, and as he The Cc by sage to present to the Legislature | stated. The receipts of the treagary can be estimated | less its Cownward tendency fs arrested praeiaatce ——-—— | religious ascociations; no other hypothesis can that'] turns with hope to policy, of insurance for reliet, he the order before mentioned, with | with mathematical certsinty, while the expenditures are | tien, that this ceficleney roust and will increase inthe | Balarce of revenue in the treasury om the unsaimeus vous be accounted for, learns perhaps for the first time, that the laws of the taste Repctticn af the close of tue fiscal year end- } n¢t within theccntrol cf this department. The power of | ratio above presented, ind must surely add an increased 80th September, 1855. $177,647 OF In the Senate it received barely sufficient votes neces- | State to which he bas looked for cing rom the very 20th! . appropriating monty trom the treasury was solely with | yesrly ebarge upon the General Fund. ‘The revenue of this the cucreat sary to exact it. misfortune tast has overtaken him, permit the forma- General 4) is hardly necassary te remark, {| toe Legislature. ‘The genorsi fund debt sinking fund, ins‘ead of sinking | year, viz:— the last annual report of the Comptroller the at- | tion of insurance companies, whose capacity to pay hia has become a mere statement of the receipts und dis- ‘With that body resta the entire responsibility as to the | o:frether paying the principal of its debt, presen's the cu- } Imterest on bonds for lands. teution of the Legislature was called to certain p: losw consists in the profits of the concern, and that their ba the government, and is without assets | amount of money paid from the treasury the present fle; | sions anomaly of grecually but certainly submerging the } Interest on bonds for loa: sions #5 to the method and equity of collecting. taxes | pretended capitals ure only valuable as a basis t> make from is ¢erived [ts rewipts are from | cal year. general fund itseif. Intereet on loan of 1810, spelnes corporstiona, and tually pelieving that a certain | affidavits, tho morat perjury of which fs tathomless, liable to be increased or diminished ac- The constitution expressly provides that no money There is held as capital of this fund $50,153 32 in bank | Interest on State stock. of these institutions eseape almost scatheless, while The mount of property at fire 1iske at the close of the others are excessively and unfairly taxed, he conceives it ar 1854, by the June atock companies in this State aad his du y he moat respectfully recommend to your | located within ite boundaries, was 422,647 97, and attention, for 1evision and amendment, the various acts | by mutual companies $16,070,460 03, by companiss to the fluctuations of trade, or he integrity or | shall be paid out of the treasury “except in pursuance | fund st: ck, due iv 1858, beariog interst of six por cant. | Interest off Comptrol er’ @f public cfiicers; in fact, its main {neome must | to an spproptistion by law." The power of this de,att- | If the Legislature shoula authorize the payment of this | Dividends on bank stock. hereafver be derived from direct taxation. ment to resist the payment of acy app-opriation mae by | stock by the Superintendent of the Bank Department, an- | Interest on money in the treasury The pyear’s experiece in this office hss only con- the Legisinture rests upen two grounds—the one its ut- | tic! pating the time it beromes due, aa it is benewed it can ———— | for levying and collecting taxes on corporations. Jocated in ovber States, $79,017,305 72. Total amourt at Ermted truthfulness of the following remark in the | ter inability to the public creditor dy ita bankruptcy, | be Cone with perfect safe'y. it would reduce the debt of $162,123 his existe at the prevent tims with greator | risk, $761,446.413 72. Ya report of last year :— the other by seeking the shel'er of the judiciary on the | thet fund to he general fund that amount. Annual appropriation from the U.S Dep. Pund.. 165,000 | force than at any other period of the history of this | The total yms paid in cash tor the insurance of the only use of this General Fusd ‘excep! asa lodger | ground of the act appropilating money being a viola- 10 is proper bere to state that the effect of this upon | AIR —— | ‘1'e, from the fact (fully established in the mind of the | property in this State that year was $6,105,478 73, and Rocount as before sisted), in sustaining the expenditures of the | tion of the constitution. Upon several oceusions the | the ceficievcy of that fund would amouat to nothing, as $817,123 | C mptroller from bis experieace in this office) that the | notes given for premiums, (not premium notes,) $526,- isa eae a papeees of Suenrain (woney velonging | resent incumbent has scught the protection last men- | ir pays six per cent to the general fund and receives that Appropriations for common school dividends, payable | 1 cans for the sapposs of government hereafter must %o be aked S pame py which its devise cam | Jioned, and bas uniformly been reaczed by a man‘amus, | in erest from the tank fund; sill it would relieve the | during the rame period, viz: mainly derived direct taxation. This burchen | The loscos which accrued to companies of this State pig arg a ‘which'he has felt bouad to respect by phyosent of the | geceral fund by the payment toit-of tant emous>, ie thet canna otk sakes should fal ake upon all capital, and that sith ut refor. | during the year, end were paid, amount to 34,281,242 1. oe a a ipcuanels cueinit sti ania From the income of the U. 8. Dep. Fund gnee to whether ite owner he foresight or eapsclty to | In procems of liquidation, ($504,007 59, ana ‘$403,193 16 Among the dut jomptroiler, as Iai mm by {Sep- whet net enn income exces ve | ar i DeGclency wm jhe revenue on the Both of Sep... | the Keviced Starutes, ia one ‘to suggo-t plans for the se EN eee igh or No. tnmecoe of tls debt per cent per annum, ‘The amount paid for insurance in this State 1s no enor- Amount ¢f warraais drbivn da’ the Tronsary mprc revenues of ther State (except those derived. from | *BAmsde that ducal year, RRC aE cha dated betes oe he oom be the Honrily tiene fs train lteclldsras te-ths pageant’ a we revenues Tate (exer) ose derived from : Fd 37; the i ties ro b ae S CR omeaal, $0 ae penerel fund, during direct taxaticn) are to inmestabip sua, apd from thelr | o,/Re,Prese, cept of that fund is $0,002 064 7) the te | 14, sand consista of the follortng item), vis.:— Pel toonetnee Ing nand fue various pucmtmetts teers, | of thelr lowes, than that furnished by the present insa- che a Zi8e SOdtE ON Sep, BOG wag “ga tr758;706 OL | nature so uporriain, that i passes the wisdom of the | $Cvtenper 1865, 1s $247 600. Taw two cnaros have pro- | Letms cn mortgage im the several coun:tes . 2 604,007 61 1) as the amount of at stake, in this State, | Tance law. mie tha Sillowivg tants, toe present Compiroler to svggust any metaod of improve- | sehremiper, tour BIT UO a Vemaber, 1854 the Camp. | State stock issued for dedcioncy in the | Sintra Poon ot dealin Predera tet both by the policy holders and owners of ‘stook in tho It appears to the Comptroller that something more \ would Apri be the tesasery, curing Inent in the Staie revenues, anless it be t2 recommend : General Fond Debt Sinking Fund, re- than the mere personal in of corporators should : ; oiler acl¢, or rathe plet: <a sale commeaced by his m: ing corpora’ seem te. requice a¢ his hands a some- Per tegrity ators BB0i Ro A ts rnin Core wr the Lecisistuze to exercise a greater degree of economy | Mehecewor, of the Liussuu aud G-rkamire Rattcon, in ace | _,d¢@mable at pleasure, 5 per cout. 142,500 00 | What extended notice of their condition and manngemont, | be given fora payment of nearly 87, per ennuas are sree ip appropriations not absolutely necessary for the sup- | >9:dance wits the provisions of chapter 178 of the laws | State stock, (caval loan,) redeem: The fact that a large number of those corporations, | for insurance against loss or damage by fire by the port of government, than bas heretofore beea shown DY | ct 1840. and chapter 471 of the laws of 1847. This sale 1,1€0 00 based upon the mutual formed under the lay | Ple of this State. The mere possession of any given principle, amount of capital in personal property. transferrable at 18,750 44 | eee are ee eredaint trocivote either I thocmmrent or | the will of the corporators, is not suflcient guacantes to 81,273 66 | fhe parties in interest or by 2 compulsory process ineucd | the peliay holders of our insurance companies. eerie” the courts; connected with the atrivge t provisions of | By chupter 9 of the laws of 1861, all companies en- insurance law of 1663, aa to their fature formation, | 686eo in the business of lite insurance {a this State wore $2,782 84 bes pene com a Near ay a ae iia resulted in settling the qcestimas te tha foal es bo Amount cewuarents, deawn as Tiva-ary year, ae ft ebeotutely commented arith. woat Se ciate of $159,(00 of tock ixsurd in 1840 for the benefit Monee ee Ptemmety gts s1 | may be called necersary expenses of government, ant | ° pais amount of $150 000 had, until the present report, seeeeeeeeveseerssec seer sees cressveree chargeable upon the general fand, are as follows: — always appeared as an item in the contingent State deb", meibaetirete +oo--$$,014,520 71 Motes ee S28 v's ceccce cane sone snne%p¥08,106 64 § Pipes erm inclading buildings Heer # snd was fo reported last year. It bar simply been takea | ao in ane Gadsu er ee hone aA must and will devolve upon the joint-stock companies the sale ectoed spn Banting se eh aridorene eae Amount of receipts into the rage eae Yo vated tea « 26.422 09 | {em that statement end adcei to the Grnera! Fans debt, tember, 1854 y $37,505 00 great majcrity of the business of insuring the prope: ty bel in trust Sor the wecniity of poliey holders ia such the year ending 20: September, 1655... $1,684,110 22 | 1) Chargeable ts the cabal find + 3g;103 24 | Therese now legitimately velongs. the taterest upon | amount reovived into ibe ireaswy during Of the cltazens of this State. Tne experience of the leit | companies. ‘The vuro provision was applicable to com- ee ee Tt is not in the provinee of the Gemprzclier toe amplsia | Shingea to the Gensral Pond Debt siasing Fusd,’ Tue | the yeor ending on the 30th September, the wuteal eosaorations (elthouehetie pen taat neipin. | panes ot other States, proposing to tranasct the business Pomerat rast om Daiance dae aga 49 | ofthe first mentioned item, but itis cue to himvelf to} CSareec e not add any cew Usbil ty fo thet fun, 1359 (eee Statement A).................. 239,807 88 | may pave been the best in the abstract) that it was de. | OF, ife insurance in this State. pain se cay that it exceeds the estimate of last year by about | “gre balance of $187,000, imuking “ne toval inorease of | Amount trensferred from the General Fund cidedly easier to pay e premium than to collect’a loss, | _ Tbe object and intent of that law, was not that it af- $120 000. . the General Fond deb! $837,000 fur tae fivcal ear endiog | Tevenue fur intexest om moncy in the In fact, with the exception of a few of the old chartered | forded suificient security upon ail policies issued in this 28,517 5 | , Uf the seoond, the legislation of 1854 mate it necessity | Cet ber 1, 1865, arices from the neoessity o' making tem {RaRBUTY... +006 ++ taesvesseseeseres 5,171 21 | motnal companies, who continue a prosperous business, | State, but to rertio the question that an actual capital by actoal «ppropriaiona to estimate sufficient to mes: | poriry loans for toe euppor: of government ia anticips. | 4wount trapsferred fiom the School Fand the system of mutual insurance, as far as it relates to | Ws in possession, or under the control of each it e in- int. accrued on bonds assigned to that fund 515.26 Ee are eer ena nea focew Taearargnt Cin ill teensy talons of the Sta'e tax. for ponds for laNdB........0 esse recerevee 50 00 | fre risks, may be considered as ended in this State. No shranee compere, veoporing:t2, ‘aneaah, the bnstngys of aman earn em an We TeeateET ang gg | “he tet mcd fourth (ems wore not o:imatyt fa the | 4 AOR TOS, es ol oe nt a ianzoan en | Rinmet he era mode frm tee company daring | ett sa cei ts epleation oes com Pept) a last annual report from this department, unless they can | turion for the suppers ci goverment, from tze Canal De- | Amount cf psyments from the causes that have produced this result, and tae Comp- | Feties by chaoter 408 of the laws of 1863, by Ld such deposit to be made, in the office of the chieffinan- Tie won ye | be considered as forming a part of the usel estimate for by treagary dt the year, end. DotA evesereerseeseeeeeeereegereseress+ LiTITU02 7 | sniscellaneous purpores. Pitpis loon con be readily paid daring the month of June | ine 50th September, 1808 (eve ba teed sae 9 ne Prine Hagerty wikich iy | ‘lal ofleer of the Siate where such company was located. Detighisncs totes 5 Wis s0th Reo. The tencercy of the legi-lation to cast upon the geveral |, oxy gram the precceds of the State tax. statement B)............... $250,078 00 was originally founded Trese provisions are now in force as tu life insurance siciency in the revenue on woPgu50,862 8p | famdaciass of expenditures properly and legitimately | "Ty erpmccrion wi b this loas, it may not be egotiatioal | Amount trans erred to the capi- I remark again that tho great bulk of msurance inthis | C°™Ppanies in this as well as thore looated in other Statea, ‘Add to ‘he caviea, Gia naaamh ui tise Coumen yt chargeable upou the canal revenues, is becoming 80 | ¢.> the Comytioiler to say tuat its nocess!*y w'ss apparent tal of the fund, for diminution State will, fiom necessity, hereafter be made by those | ttansacting business in this. og 62 ha gta ae cwearly apparent that the attention of the Tegislacure is | preycus tothe neeting of the last Legislature; their at. | im the loans under fireolosure cowponies formed upon the stock principle. The operation of this law has been attended with Itttie => toa reine eae espectfally called %0 this subject. rec jon wow cxliod fo the subject ia bes annual report of | of mortgage, failure of title, &o, 2.079 64 Tiiaast auwioms Oak Tee inciple. | botich the | OF 20 inoonventence to the compaties, and the amount of eprey, Sene to roueary. (pepo experience of the past year developes the fast that | jo). v7.."in ie ¢ Lowing words, viz.:. ~—'— $258,357 64 | general law forthe formation o: these companiea, or that | Securities now deposited in tbis office are more than AS oe Bid ing Ee LY damages to canal coutractors have become a charge upoa | /*** Jesz. in the f owing oe ie -———— | SSrinrn to theaystem of special obartere will be attempt. | $2,200,000. Se P* 157,000 09 | that fund, and have been actually paid by express appro- | , Tt the Auditor of she Canal Department is unable to pay the | Ralsnce cf revenue in the trearury on ‘he ed by it ‘Table Hexhibits the names of the companies, and the ere Cue weer ste ines eet et 5 ise priations of the Legislature fhe Ist Ccrober. 1856, the detictency heretofore spoken ot. as | 90th September, 1855... $24,326 45 | “ Under this view of the subject of insurance it 1s pro. | SmOumt deposited by each. Adit show aman aloey 0... 960,900 | of Ming ie sasee asd Set i Cat as oy | FE atc Re Maca ee aloha Sota ere pond xtnne bn oportin ot goer tm athe | en ie lage Co fciog tn emake Emi eh iD! er ind gut UK wald thie ree ul . it Mi - yo 1g gen » by aly be me bas eee In the last annual report of the Comptruiler to the Le- | tormaiion and operation of stock companies under its {a 4 department to becieated under the asia cb Koga ‘The imereased deficiency duzing the year is. 258,309 51 | alterpaticg appropriations for caval purposes, are oe Ge ok soy Sait eer Sie ge that reannst be | Sitlature they were informed that this road had, under | present 1t'will be observed from the preceding statemen, that | too apparent to reed any extended remarks upon this 3 a Mah gh el dl yc ete PE pens aber eR Po 1 laws forth | *uzance Department, to be located in the State Hall at tke total amount chargesble to therevenue of the General | subject. POE Ra Rests tance ak the Gompreclicr Ne TarOGs Has! | th.o of chap ATL of the Laws of 1847, been sold'to C. | formationot corporations, whore business ieads to thein. | 'Be city of Albany, ot fifty per cent of the caplial of, al Fund for the fiscal year ending Septemb-r 30, 1856, is Of the estimated revenues for the support of govern- W. Chapin, Keq., for $155,000, on the 2st of November, | vestment of tk agai in personal property. Thais has joint stock insurance companies located within this i $2.0€8,166 64. This sum includes whatis termed ‘he de- | ment for the fiscal year ending 30tn September, 1855, The fulowing tables exhibit the smount of this, as | WV; Chapin, Dex’ cust ‘Se alagpatolans Iai at il teen squrevated in nal property. Tole bss | Xtate, im such securities as are authorized ‘by suction 8 fiei> Fi s . i |, | wel: as the con ingent State debt, wita tnedates at which yas: “ r mane er ts rosettes ices ch caren Nace tee | ee eta nae enemas Ty ibey suvarallyiteorase Laan Goon in eaah, ana forty-five per cent payab-e in thirty | fact thet the ure of catical at all by the corporators ue Cpripanien, tapeel ieacse SAE he Re 7002 75. Thin leaves the defi Are xe bs Pe fade ’ GENERAL PCND STATY DEBT. oays, und the balance in sixty days. In tho final settle- | pends upon a contingency which maynever happen. If | **F Pee tat hated’ gol 7,002 7 ves icleney, (or rather | Auditor cf the Canal Departwent, for cansl purposes. with Mr. Cr: the troller received fri the ts of the com ‘exceed its disbursement it is not presui 801 vent companies will debt, whieh is its tegitimats mame,) due various funds, The balance, $1,330,000, 1s equal to a mill tex apon the State Stock. ment wi . Chap iptroller om e recelpt pany oe a, object. to this arrangement, as that proportion of their Shb Sate Sie elects eat) ae ta mae: | he Talanen, 61,500,000, a equal to mill tox apon Am: rat ined for the Astor debt, per chap. 202, Lawa of | Him $157,005 40 in bonds, and the balnee ot $17,058 60 | the actual capital rematas undisturbed ia their hands, | obicct, to this srrangeinent, at that proportion of their ary loons made by the Comptroller, and for which | “That direct tazation ts tbo most equitable method of | 2827 sr@ chap, 98, Laws of 1992, xeacemabl ee eee eee eee ee ae eae miigets tine oti an: | bela fot thelr beest by wuch a department with al the poe oP omalagen 2 ? ; ved HA cts Sse Be ERE , , come ey tery i map Somemben 105, 501, Eerie eces eens conart Bet remt toot harrockin: | -Mincuns Listed ck SboRaA ots dalldlaats ie the Comptrol.er, in trust for the ereditors of the Hadson and | surance ocmpanies are formed, whethec organised by real | ‘tly tbat arises from ite actual porsession by the eom- 8¢3 £9. 7 | Tem unaslly: following that proposition, viz.:—That this General Fasd Deb; Staking Fund, ger obap. 216, a ose or ea i Ni tae Shy gd Be Olemar pene ig wpe eine ae ne wenat anlar The expenditures of such a department could not ex- i i . - @» of 1848, 5 per cent, Tie = ; ; : . pe eatamemrreat no emer | Sade aerate a apie sare | uecrsctee plac seganr | moked st coum: Ti lechnd wars | gue Toy saat inparn by sttmtr oe | Seem hs Saree cn tt Fs tedee fC : 3 a * estimate contained in the last annus! zeport of tae | him. laptetreis Hpcecans ae et 442,001 ogg | clcing the accumulation of interest, wes paid into'the | cther than personal propetiy, or, ain the easeof banks | 7he same obligation resting upon foreign Tife ineurance Direct taxes upon the property of the people of this issued to the New York and Erte Batlroad treasury to cover the expenses attending the sale. formed uncer the bank law, secured beyondthe | °™panies pro Dusines: shot Comptrolier. Phi ye of the temporary debt on the 30h Sap- | State huve been levied year afer year, ani public expen- , 1865, of the General Fund, was estimated ia that | ditures secm to have iusreased ou of all comparison with , from 1828 to 1842, per chap, 22, ‘This transaction does nut appear in the recsipts and | concrol or reach of the corp>rators Le made apaliesbie fire insurance companies located repéet ‘at £405,407 17, provided the Anditor of the Canal | the advancing population of our Sta e. 1840, re- “om pany n other States of the Union, viz: A deposit of secari- 28, ‘: peyments of the treasury, except the balance of $272 99 ‘The real use cf actual ca) ital for a successful insurance preteen erent aa Femaining on band after redeeming the last bond. ‘This | ccmyany exists only as forming @ basis upon which a | ie*cf like bind and sameaméont ia the hands of the ; . a deemab ¢ ss flows: ‘ te provisions «f artidle seven, section three, o: the constitu- | department to meet the demands pun the Treasary tor | 5? ss ,o8s. have been withdrawn without ‘an appropriation of it by foto use upon a result which would + the forme- | ‘his State. 5 “ Tre baris of this it should be remarked, fa, that the Legislature and the final settiement post; until | tion of ibe corporation, were it anticipated by the cor- ihe coupe the ee i Ste anes 2 ‘he their present meeting. Acting under the jons of the tors themselves. Its existence is nota necessity for same? courth ass mere Waster, (0 Com; ‘assumed the | the commeneement or transaction of the busiuess 7 in. | State will fall int> the hands of joint stock companies. As = the fircal year ending 20th tember, 1856. It is abun- «mount bas not been received from the Auditor, | cantly anfficent to extrisate General Furd from ali oviag 7 te fact that the Sontoated yeas mse ita smberrecements, and aiguldate te ante The groands 6 per cent, 186 es i iat) the, f Joint sal T ye fiscal year we-e abdscr'! oF ior ifeas | for this bave been stat in a former part ‘thi " on evicence it is a result t! must soon be reac’ oF Pp ad Total sesesesee «$3,000,600 | authority ot closing this matter with the least ble | surance, as before stated, but 18 only necessary after it ed, J would call the attention of the Legiala to the we those revenues, crested by the same instrument eo Past experience of the Comptroller teaches hin | Amouzt veved to vhe Ithaca ‘acd Oweg> Railroad Com- delay and expense to the bordholiers. This explanation | is abs lutely, or at least a portion of it, lost. ‘It should | fu] wonts car the attention of tie logina’ n zy in 18/8 and 2840 per ebap. 206, Laws of 1838, | ‘8 made to ‘t any misapprehension as to the appli. | be, and is only held as tecu ity if the business is unsuc- our joiat ering ex of the, dt of in ental Pan; | shat eee othe eupenes of te orem om | Zany at eg. cin Wewory tec on tue vaa iboats | soot sor’ of iacom'y end ani aeceeary itn | toh emma, at br 1 G10 ab, aad + of last year, is $42,456 12. fallacies, unitos the Legislatuce place reliance upon, and | $34 Per cent, redcenadie }804 +9287, 700 Teceipt ard disburrement not appeariog in this report. | ehances of the geme turn sgainst the corporator#. ‘The adoption of this plau would soon make the diffe- Fhe total recetpts into the treasury are exhibited in de- | are geverued by them, laa measure, 1a making auproprie- | © er cent. recermable 1865. 28,000 ose ni Serene reaper agra met Tee seis Miossnety fe bs taken ie Seming, 62 fast 1.4. oe more apparent: ohare The Anowledge sequired for she last tro years has mot | cbiy 240, Laws of 1895, fve per coat, redatina- token, by tevtoring the powers aa duties of this Desert: | lenShan thirteen way avcembacnd forme Are isu: | thi plan would afford entire and undoabted secu lty to Betimated Revenue ayplicabie to the ordinary ezpensea of | imprersed vyom the wind of the Compicoiler aay ert. | cdep. 240. t fisead ing Om the lat | dence that estimates of expenjiture for the support of + as toilews ees (ee veya government arc looke? upon ss furvishing any paruca- | 1868 July 1 der, any mcre tian the general bank jaw went’ to its former condi'ion, ss connected with their | ratce ermpeny. upon filing » declaration of their inten- | the policy holder, any mere than the geners «$100.0 rale and redemption, cannot but operate beneficially to | tion to form onc, with & copy of the charter proposed to | certarnly Indexpnifies tho bolder of a bank bul. Ite adop- prod sll partion iarecested in them, a9 well as to the Sate | be adopted by them in the rifice cf the Comptroiier, and | ton, beyend doubt, would prevent the formation of frau Isr guide for Jegialation; although conventen: aa furaisn | 186%, do. «. iteet. ublisbing the novice for six weeks ina public newapsper | dvlent companies, and turrish all reasonable secacity to eee ee bata ip 2 290,000 | _ ‘The past year's experience in the Comptroller's offi-e EF the ectaty whe 6 the ‘company propsoe 0 ‘ocuter P| persons insuring property in this State, ‘Padegaretiy notes ioveh jon oflegislation vatleg | Atountsesued to the Hudson and Berkshire Rail- haa developed a new and formidable difficulty connected | The chartec and procf of pabilcation sro then sub- | VST OF INSURANCE COMPASS HORNED BSDER CEXKRAL LAWS the “ supply Dill,” ususlly Cecolizhas laa stngia night | 200d Cowprrs. per chap. 178, Laws of 1840, re- With the prompt aud proper pertormance of the duties | mitted to the Attorney General, and it not found incan- | ys ine Insurance Compote Duniey under chapter 308, the most profound calewlations un » Comptrob era report Ceematio in 1805, 53g por ceMte...reeseee + 150,000 | Impored, epee acpi haba ge Ron-resiuent | sistent with ‘he laws and constitu ion of this State, he | Mar Cee ee ipter 398, Fees of the Comptroller's offi and farixbes eviderce that tbe experience derived during : Peo i ae Ba tees lak race sng Sree tad [Lo iLeartify the same to the Comptroller. The Coip- ‘nial nee Sa om Fees of the Clerk of the Court of Appeals one hundred legislative days, ise lectively more compe to's, PER he soit hae a Labhche Mi 3 trol er, eit: er by himself or three disinterested persons, Locati! Date. pita. - cently Lever contemplated an incrense of the quantity, | shall coure an examination to to ascertain if | Oritnt Mutual Ins. Co..New York, Feb. 23, 1854, $300,000 wis por ievived Statutes in 1844, or at least of the number of ailfereat Iota to be returned | the amount cf capt-al pereied ty aan has boea paid | PRcific Mutval Ins, 0 Ties Ee ce to this office, or that a conflict betwe:n the State and | in, and ix posressed by the company in monay, or such | Glebe Mutuaitns.Cc.. co. April 12, 1855, $00,000 the local authcriiiee, where such iands were situated, | .tosks and bonds and mortgages as the 8th section of the | OFest We-tern Ins. Co.. co. Sept. 28, 1855, 600,000 could porsibly arise.’ When the precent ayrtem wasea: | jaw provides. ‘The follwing are the fire Insurance companies orgaalaed tered upon, large quantities of unoccupied isnds ware ihe vaual method is to produce the certificate to the | "POer chapter 406 of Laws of 1863:— é situated in the different interior coun ‘ies of the State, | apmuiecrs of a deporit of the necessary amount in some Name. Lecation. Date, Capital. teat to jodge what acount of moneys is veressary (or tae |. support ot government, thau the estimates furnished by | © P* ¢&" 1 Pe eg Mr the office abe lotely disbarsinz the same or ‘cone from the Railroad sinsivg fund: It ts proper here to gay that the estimates ot the re- |, ,*b!* «a —. ceipts end disburservents for the purpose of gcvercmen’, | 5% Her cen’ ie have been presented 10 this report, in obediauce to the EH Tolls, lake inlet... eo. Tax on foreign insurance companies. Sales of landa............ ei shia Sais of the Nutural Hisiory of New York. . Inigrest on doposits,.......++. Sechotte Barbor ana Seratoge Ralirced Co. State Prison ea: Tnpce vatcesoquocceen: legal requirements resting apo this department, and sot anc to ena le those counties to realize toe amount of the . 8 7 Star Ins. Co.......Ogdensburg, April 19, 1854 $69,000 niga ttm any denote pe ucla noe the oa faces hu levied wit, Chale Teapective sordara, the. | Frosuasavent inne. Ts acme instanoes a portonctst | Sct.tp pir ina, Gor "Now York Apr $0, USSt S00 008 TOME. o ec csnseess sec vosseesssres pe prin ats em roa gar Wl Seng Be pot Stale actumee, or rather aivanced the amount in woney, | the provisions of the law. ‘This presentation of capital is | $2.4 ‘# Tire td or bil Pag 2, 185% 60,000 Estimated Expenses of government for the fiseat year com- | Of Persopalecbemen for obtaining moguy from the tre looking for indewnity to their future recemption by the | acccupanied with the affidavit of the officers, that the | jvec:te FireIns. Go. New York Mar. 26, 18:6 150,000 ‘mencins om tle Lit October, 1986. time ee halls owners tbereot, o:-by their sale to parties desiritg to | seme ta the Lona fide property ot the corporators. ee eer a” eee ee ee Palazies of the oficers of government, and cf the of the Copite. purchase the same. Upon filing the certineates of the appratiers under | nt Ere ee bo ey ae, tase enone ‘This is perhaps rend to (he Legizisture the pesem most appropriate plece to recom law during its ‘Lbis class of lands then consisted of tracts, townships | os th of this exhibition cf capical to them in the office of and their enbotvirions, containing at lea-: a reasonable s clorks of publi offiees.......... oo 0 16 962,64 Salaries of the Judges of the Court of Apyesls.... 10,090 National Ex. Ins. the Ccmptrelier, it is imperative upon him to deliver a <0 May 21, 1865 160,000 ; sent « ort © fevy ing of a three-quar. : Fp are r Fnverprire Ins. Go do Aug. 9, 1855 150,000 Salaries of the Justices ot the Supreme Cort.... $2,600 | Prt wesgpenatnigesermts Why-edie bo, 4 amount of acres in ex Upon the pe:ivaical sale of | certified copy of such certificates to tho corporatora, and i Os ig 9, , Togislature, for compensation of members, office ae tation trite ket toe these jandathe State was a compulsory purchaser of | Upcn filing the same in tue eilice of the County Clerk, Se ict me ge Pe MM REE ae MAMAAKAehdnhsi anaes vse soso es 85 000 seal Said,” Beas wabees the pevecubkt darkly the more or less of the tracts thus sold. ana became the | «hire the company is to be loca‘ed, with a copy of the e location of the Susquehanna Fice Tosurane> Cm. Contingent expenses of the Legislature 24,000 | Be>! pare nd olay fb Racine fs owner. wishout s corflict as to title wisn any local au- | charter, the parties are author to commence the | Fey has been changed to the ciry of Albany by an act of 6,000 Jeer ending September 30, 1557 S, Dep, Fund of © thority. The system worked well, without any materia’ | business cf icsurance. the Legislature pasted February 21, 1855, Comtiogent expenses of the pubic offices. loos, Ke. lora to the St Aatfonary Sor the public o' ait 2.500 * \ ble on decand... The first conclusion resulting from thia process {s, that | , A comm lssicner was appointed to examine into the af- Fuet for Caplta, State Helland State Library 2,600 1854..9261,494 | tenurd pe ules, iu 1846, ‘Tbe present embarrassment, relative t> the manage: | n- indacement {a offered to year ‘the oapltar in the hands | “rs of the Webster, Henry Clay, Mechanics’, Ton:ine Printing for the State 135,000 | Amount received int Fon ag2ouct f w neys held by the Comp mevt of the tax cepartmentin the Comptroller's office, | uf the corporators. They have the certificate of the | 82¢ National Exchange, five of the above named fire in- Expenses of the Capitol Se ae of the several funds luring the year endiog rust fordhe Delaware Acace. arises ficm the immense insrease of the number of lots | Comptroller and sppraiers, that gives them the neces. | Sauce cxmponies, rince thelr organization, aad they Expenses of the State Hall....... ewes 4,500 20th Sept 1855, (See stotement ++ 2,994,820 my, peyeble oncems: 4825 roed as non-residen: lend, in some ofvur most popu- | rary credit tocommence buriness. Toe commencement | have each passed into the hands of a receiver. Fi of the State Carinet of Natural History, Amount of warrants ¢rewn on th ~, | Oper cent tsened in 16/8, per chap. 256, acd flourishing ci-jes im the State. No defence ex | of sbeir business from its very nature is the receipt of HIRE INSURANCE COMPANIES nd curator’s ealary.........cccccer esse sees 2,000 maining unpaid on 0th Sep, 18 ve 475 Laws of 18 8. for & loan from the U. 8. guinst making subdivisions of land scwally non- | money for premtume. Of other States ana Foreign Governments. authorized Expences of building new hell for the State Cani —— Je at pleasure... ent, snd the spirit of speculation. or the real de- ‘The second is that no actual cay uncer the provisions of chapter 466, of the Laws of 1863, met of Natural History and Agricultaral Mu- 5 3,656,700 3 in 1889, per chap. for city or villoge lota, has reeutted ia multiplyi 1. amount cf money to procure tl jes may to Luansact the business of iasurands in thu State daring sebaeeeeseecess ces + 30,000 | Amount of w: ts drawn on the trea 9, to the number of those lots to ap extent. that must, if | - , rowed upon the ¢-edi. of ths corgorators for aningle | the year 1865:— * "360 sury on acc ot the reve:n! tands the Cacal Fund nyon iterntinuer, put at defiance the clerical force in the | dyy (and tcr that ‘ime be their setual property, as sworn | tua Ipsuronce Co... «ee Hartfort, Ct. 2,600 | curing the year ending “0th redven able xt July, 1866. Comptzoller's depar ment. The same time, Isoot and | to by their «ficers), and bo repeid the following one, and | American Insurance Co +++ Providence, R. I. 760 1865, (See statement B € per cept iseved per chap. 37, Laws etiention is required upcn ihe return of a city or vil- | the company possess all thecredit that would sttach to | American snsurance Co + Boston, sfasi 2090 | Amourt of warrents drawn tr 1860 ond chop. 208, Laws of 1843, fo Jage lot of 26 by 100 feet. a4 a 100 or o 1,000 acres situat- | g reel paid vp capitel by parties who intend to forma | American Fire Ingurarce Co. 4,000 sury remaining unpaid on the doth the bepedt of the Steckbridge Indians, c@ in any county in the State. company, and retsin its capital as ap investment. Atlantic Fire and Marine Insarance 12/000 Sept. 1854., teeeeeececeeeeeee — 261B E eat pleacure, aaa + + 56,000 Another and & somewhat rerious evil exists in the fac*, ‘The thled ie, admitting the capital is actually pail in | Poyston Insuvance Co.,......+ + Boston, Mass. 8,000 — —3, 492,050 that the amount of the tex returred and admitted of thi! | withcut ony intention of withdrawing it, no obligation | Ericgey ort Fire and Marine iasurance Co Bridgeport, Ck 2,400 ‘ Deon pcos | an Annuities. description nearly, if not quite, absorbs the State + | rests upon the corgorators as far as their policy holders | C:: necticut Fi esurance Co. Hi ogre Ct. 2/000 | Balaxce fn the treasury on the 0th Sent. 1855..$163.650 | amount require?, if invested at 6 per cent, to the ocrnty from which the return is made, ia entitled to are 'ornermned, to keep the cepital in'act. It can be Ne re 4,000 and to Gu Treasury, on the produce tho sum of $7,261 69, being the a credit — the books of this Department ot that | wholly transferred from their control, or worthless mort- 1865. amonnt ot t it le to sundry emourt, county of Erie, through the city of Buffa- " ; gener 350,008 80) Fees titers a mY y99.034 | 1a, by ile revure of non-resident lute, reertved a eredit ot | faktiog he copiial * Pee Of te money origlaslly fing From the general tund ¢ebt tiki: + 67 005 29 Temporary $4,609 78 tor the year 1853, Tre number tor 1864 ‘The cnly knowledge within the resch of the holder of a Philadelphia, Pa, From the freasurer, for balance ia treasuzy.. 163.650 0) | argcunt of Comptrotler’s bords issued. atout 7,600 Jote, absorbs nesrly the entire state tax is ue neuastregent of ius ocmxpaary made to the Philadelphis, Pa acne T iec-unty, which smounts to $4,000. added to this | Comptroller. No knowledge of the seal nature of their Charleston, 8. C. Total ......+., sp eevesecorserererencscersee DOBL SID 27 > + $6,092,664 | \- * difficulty that canzot be remedied under the present | property or its value in m apy cases can be derived by him Philadel his, Pa. Tmpensation of To the School Fune:— rT +j:tem of returning to this offics any non-resident lots | fom the anzual statement thas made. Boston, Mans. the , and ot the Canai and Cepital. Ame unt of State stock issuec end loaned to the follow. | sated upon the various municipal corporations in this | | may as well remark here that the Cor-ptroller does Salom. Mass, seevecee <seeeFeseeee 1,100 Revenue sq | itm islizoad com panies, viz, — Stare. nit believe that any charge for the better can be made by Spring ield, Mase. ‘Transportation ion isws, joarna s and 79 | Auburn and Rochester Neilresd Company, per chap. 195 ‘ TAXES ON CORPORATIONS. am (ning the law as to there statements, for the simple | Hartford Fire Insuracce Co Hartford, Ct. documents ot the Legimature, &c., incluaing ex- F Lawa of 1840, redeownavle fu 1860 and 1861, 53; rer It wou!d scem that the follewing Zepsisien fee levvieg reascn that legisiative ingeouity cannct keep pace vy | Insurance Co. of North America. Pail hia, rl oR aaa | $6 78 cent LONE ROLE GEIS TORE 10,000 | texes upon that clase of property covered by the sanct such amendments with the sharpness and shrewdness | Keys’one Insurance Co .. Philadelphia, Pa. Advances to county treacurers for non resident 10,853 67 Auborn eva syracuse Rallread Company, ¢ ty cf an act of incorporation, either under special or | (not to vse w stronger word) of parties who have nothing | Menulactarers’ Ineurance Co. ton, Mase, 4 F ——— 10,870 45 chap. 282, Laws of 1838, recee nable in (ra general laws was not rofficiently liberal to suit the | to iene, but allte gain by the formation of insurance com- | Merchants’ Inkurance Co, ton, Masa. — pes aT stessessooessse 200,000 | Views of the Legislature of 1853. The firat part of eec. 9 | yar ise ux der the present law. ¥ercbants’ Insurance Co, « Providence, R. I. $81,273 66 Tovawends Raiiscad Company, per chap. 200, ot ol ap. 13 of title 4 of part one of the fourth editton of | "kyery a) aw for the formation of corporations | Merchants’ Insurance Co, - "Tits: Philadelobls, Pa. 24,526 45 Laws of 1840. receemable in 1865, 614 per cont 100,000 | the Hevired Statutes rosds a+ followe:—‘ If the Presi- | ¢ prives the Legisiatureof, at least, one prominent sate | Merchants’ & Mechar ica’ Mut. Ins. Co. Philadelphia, Pa. oe 105,600 11 | Lovg isloné Reliroad Company per chap. 198, centr other proper «Micer of any incorporated com- | yugrd sgainst fraud by the parties availiag themselves of | Monarch Fire and Life Assurance Co... London, Rug. To the M riners’ Furd:— Lewe 0 1840, roceorable in 1861, 6 per cont... 100,009 | pary 79mad_in tbe ascer+men* roll rball show to the sa:~ | {in provisions. Naticne] Insuranee Co... Boston, M. Capital .... 00... Fe $164 81 Sehenve'edy evi Troy Railroad Compnay, per staction of the Boa:d cf Supervisors, at their annuil ‘The Legiclature, in the enactment of o epesial charter, } Nerwich Fire Insurance Co. " Under protest... 1,1€9 76 4 chep, £99, Laws of 1840, re’eemable {a 1567, 6 nieedtg, within two days from the commencement there | ecntolled tbe lecation of the institution thus created, | boarix Insuramee Co...... . Hartfora, Ct, CBR 4 A REE ———— 1,884 67 percent. sevesese-e-s+ 100,000 | Of, by affidavi's of euch officer to be filed with the Cierk | und the parties by whom the ame should be organized, | Providence Washington Insurance Co.. Providence, R. I. Lotereet on the canal loan of $200,000, per ‘To the Reload Blahieg Fond: Tiegs Coa), lion Mining and Manufactiariog Com of the Board, that each company is not in the receipt of |", algo exercised ihe right of judging as to the number of | Reliance Mutual Insurance Co. \ Philecelphia, Pa. CLEP. coe cevessesceseenrsccssersesecesevess ss 12,00) Auburn and Rochester... + $122 42 peny (row the Corzin; 4 Blossbargh Rail spy prefita or inceme, the name of such company shall | o mpanies and the amount of capital requirnd by the | Reger Walliams Insurance Co, ace, K. F. Interest on money in the treasury belongiag to the Tcsewante, sates 88 85 rend Compery>, per chap, 296, Taws of 1840, be stricken frcm the aesessn ert roll, and no tax shall be | yeopie of this State. One of the causes of tne failure of | Reyal Insurance €0.......... + + Liverpool, Eng. fu sreees 26,00) red erable in 18C5, 53g per cent.............. 70,009 | immpeeed vpon it. #0 many insvrance companies in this State may have | Springfielo Fire and Marine Ine. Co..,.. mest eld, Masa, Expenses of the nee alt &) 35,000 pas inte The Legislatu:e of 1863 amended section 9 as foliowa:— | grisen trom their multiolication with a ray ity far be- | Siate Motual Fire Insurance Co... .... Harrisburg, Pa, a oe of the of the Court of Appeal Total,,.+. seeeereey 770 O06 It the Fresiden* or otber proper officer of any incorporated } yond the wonte of the business proposed to be transacted | Virginia Fire and Marine Insu-ance Co. Richmond, the Sopreme: for the several county clerks, e™ segregate of the Sinkiog Fundainthe charge of the | o mgeby, pemed in the asses ment roll eball chow to the aati. y them. This is mentioned a4 an occurrence incidenta: | Weatern Massachusetts Insuience Co.. Pistefield, Mase. and with other States............ 1,290 " er, applicable to the redemotion of tne a ve | far Uon of the Board of Bupervwors at their annual meet to sil aeneral lawn, and not awa fact, or even an oplaioa | All ot which ly mort respcetfully submittad. For ig the publication of the coi ‘nial y NG Fes, ted to $126,868 04 on the 30:b Septemser | MMO IES dae ee ce et eine Glen eitg | of the Comptro lor. JAS. M. COOK, Comptrol ee. DUMOEY 2. vecerecer eres eee + 1,409 | Balance due the treasury on the 20th of sept. last. (Yeo the fund statements.) foard that such compaps bas vot peen, during the ‘The power beh ie a the present law for thirteen eating the marshes . + 25,000 1864,..... pate? wid cb¥ edes ty Hee 2 FCHOOL FUND. preceding year, in the receipt « { lear ia. | perrona, without reference to honea'y, capital or capa- News by the Malls, + 10,00 | Amount fom the treasury during chy The sitvaticn of thiafurd remains substantially the | come equal to five per cent on ' + capital such | erty, on their complisnce with certaia provisions, to A doy named Went, resiaing in Swanzey, M rc + 1,000 wv Sept. 20, 1866, (ace statement earoe oa stated in the Jast annual report of the Comptrol. | compeny 1 or secured i # ald in, after deduct undertabe the prerogative of insuring not only the pro- | 405 Dives of « segar on the road, and yy rene ticked, 10,000 rare 702,713 00 | ier. Ite espi'al bas been incronsed, curing the past fi-cal | from the azount of their coptial » « assensed value ry of the people of this State, but that of every other P i . putting icing P , thetr real estate, such be fay tmoked it; in consequence of which he was taken 2,500 | Amount transferr ee’ d rev year, $89,608 69, Table C annexed to this report will | (beln real estate, eek in the Unien, when they are not precluded by posi. | syaden-y il, fell into » state cf invenstbility, and di 7,000 | nue for interest on the balance due the show the items of such increase, and the precise metaoi | Treasurer of ibe county transected | tive enactments by thore States, 8 fow hours, ‘ eet ae ark treasury «+ 8,686 49 | of the investment of the entire fund. fa sum equal to five per cent on #uch r» xnqual, profits or clear ‘the present law endorses alike the needy sdventurers okee Bay ol 320,000 ——- Capital, icome, end also such further sum »» -h« J have been assessed | ond the eble cepitalists, ‘The one by the produstion for | | The Cherokee Baptint College at Cassville, Ga., was en- nite Pin F $768,121 49 | This fund consists of the following items, vi — on suet cco od rent on detae ai & Cay of the smount of eapite!, we is Cx be re. Me yf Creat ato he HF, FA ae batlciag mount ive Ponds for Janda. $651,458 12 It wil jeeived at once, tn oper two sec- | turned, perbaps, to-morrow. (which repent Oe- p , cos aub- sear ending Sep’. 80, 1866, (roe statemont A) 701,116 20 | Bods for loan Precervee. the eame certificate of aarhority to | seribera about ‘ei4,000, 248,967 zm | tions, that ¥ Pain taped heretofore +)plicable to manu- | curt &, 886 500 ————— | Loan of 1840, 49,328 00 | tacturicg corporations and marine i+«:ance companies | ¢ Da cereer, the reault to them of certaia prof, ‘Wincher'er, Va., rienced several 82 000 Baiaxce due the treasury Sept. 30, 1865.... $67,006 29 | Lonn of 18 ‘290 31 | 16, by this emen¢ment, spplied to ai! corporations exist- | » ‘ey hove notbing to lore, and they stand before the | earthquake on the ob inst. The sues ohh Se 47,500 CONDITION OF THE YEND. state steck, ing in this State. public with the seme claim to their yo 8 the | dozen in number, the Repubiican of that town na: 7.700 Ralance due the treasury, (.¢9 statement Stock issued on account of the Astor debt, re- "ke ft not a matter of astonishment ‘hat so gross a | «ther, whore real besis is integrity, experlerioe and | distinct, and the reports were #0 loud aa to awaken a 86 000 - $67,005 29 dermanie at pleasure, 5 per cent. $41,755 91 wrorg should be perpetrated upon th. veople of ti copital. number of persons in different parts of the town and in 18.000 sount of Stock issued om aecount of the State, as toteke in a great meseure from wnder the here- ‘or the purpose of explaining more fully the danger to | the cour try around. At one house the fomates ran ont 20,000 the Bank Fund, redcems bie io 1859, 6 per ct, 69,153 32 Chemung” camal, redeemable lat o commen burthen of texation, a por n of the tax- | tre pubis from the ition of our present inaurance | oftheir rooms under the belief that the building wae 14,000 Bank fund, redeemable {n 1858, sx per cont... 60,153 32 Jaruury, 1861, 6 per cent,. » 1,445 05 able ity therein, and a ees irs owners had | jaw, and ensbling the to vee how the same is | sbout fo fall; and fvur miles northweat of the town the ——— |} Stock ireued omaceount of detic “ought in ment for it, with a view tw ‘ha profits to | perverted. the 1 of William Barnes, Kaq., wh was | children of a certain “amily were with Gifieulty par. 9,500 Pefictency in the fund om Sept, 80, 1866 $16,861 97 in the General Fupd Debt Sinking be derived thereby, under ects of incerpora:iyn? That | sppointed by the to examine into the ailsira | suaded to return to bed, ay regen smpremen cmv « aalisi th no Mil 6 . on ol ae R Psy ony tan