South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1835-12-19

mentioned and IN the SAID puoiic6-
lion they appointed day for a gene.
raj meeting Of the stockholders in the
City Of Richmond, to the end that the
new company might be duly organic.
cd. The stockholders met, in pursu.
ance of this notice /; and having FER
formed the duties required Of them BY
the said act, they adjourned on the
28th day of May last. AT the expi.
ration Of thirty days thereafter, the
whole interest of the Commonwealth
in the works and property of the for
mer James River Company was trans
ferred by the said act TO the James
River and Kanawha Company there
by incorporated, subject to the condi
lions thereby prescribed. Thus the
former James River Company has
become extinct, except for the neces-
sary purposes required BY the acts that
created this Company, and which can.
not be performed by the new JAMES
River and Kanawha Company.
The Reports Of the Auditor and
Treasurer, which will be furnished to
you hereafter, by these officers respec.
lively, will exhibit the pleasing infor-
nation, that The receipts Of the Treas
ury during the fiscal year ending with
the SOth Of September last, have con-
siderably exceeded the amount a,
which they were estimated either by
the Auditor or the Committee Of Fl
nance Of the last General Assembly !;
and that although the disbursements
Of the Treasury, during the same Pc
ROD, have also exceeded the amount
estimated for them, yet that the excess
Of the disbursements is less than thai
of the receipts.-In consequence OF
this, you will find the balance remain
ing in the Treasury on the LIST day Of
October last, greater than that which
was there on the same day in the year
1884. This result, which plainly
ahews that the ordinary revenues Of the
Commonwealth are now amply suffi-
cient TO satisfy all its ordinary expen-
ses, and that, therefore, no change in
the present scheme of taxation is re-
quired, mus. be highly gratifying. An
inspection too Ct the items composing
the several heads Of the disbursements,
will probably satisfy you, that some OF
these may be still further re duced, with
perfect propriety; while the natural
increase 10 be expected in many of the
subjects Of taxation, will necessarily
augment the amount of the ordinary
revenue derived from thence, withou,
any alteration in the present rate Of
the taxes.
~ will ha 4rnrnilActnA. hnusuar
lnat the balance which remained in the
treasury on the first day of October
last, has been since reduced by the
payment to the Commissioners Of the
SINKING Fund Of fifty lhousand dollars,
onouid this appropriation be again
continued, the annual balance in the
treasury that msy be hereafter ex-
pecsed, must necessarily be much d.
mlnished in amount. Indeed, a SINH
liar appropriation for the current year,
might possibly reduce that balance too
low. Bould, therefore, recommend,
that the sum which may hereafter be
applied to the Sinking Fund should
not be defined, but should be made TO
depend upon the state of the public
fulds at the expiration of the fiscal
year, taking care 10 reserve in the
Treasury always sufficien, unappro-
priated sufpius,to provide for probable
emergencies.
HE regulations prescribed by law
for the government and discipline OF
The Public Guard, stationed in this ci-
~, require revision and amendment;
so far at least as these regulations ap-
ply 10 Courts Martial for the trial OF
lis officers. The number of members
detailed for such duties, seems to be
unnecessarily large !; especially where
ell these are called from two particular
regiments. The probable effect Of
this may be, that the character of the
sppsiiod viii be committed, necessari-
~, to interiors. Such detail, more
over, seems TO imply superiority ana
excellence in these Two regiments, over
all the others, that il justified neither
by the fact, or in the theory of our
military code. And if economy was
consulted in presenting this regulation,
experience will show, that even this
object will not be attained by it.
Your attention is invited to this
subject, as well as TO the condition OF
the Militia generally. The annual
Report ofthe Adjutant General { v bich
is herewith sent, will shew some OF
the defects Of the present organization;
and many others, requiring amend
ment, will probably. be suggested by