The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-16

STATE CONSTITUTIONAL CONVENTION, Friday, Aug.
IA The following communication was received
from the Chancellor in to the resolution adopted
by the Convention relative to the state of the suors
sARArooA srRrres, August Il, ls46.
DEAR siR.I see by the debates in the Convention of
Monaay and Tuesday that resolution il under discus
sion relation calling upon the Registers and Clerks
in Chancery for Of the items composing the
fund under control Of the Court of Chancery
tanned in my statement of July last II would require
many months labor and the examination of the proceed
perfect statement of the nature ofhe funds and the
owners and claimant; thereof than Is contained in the
flu ush to the Chancellor and the Clerks to tho Vice
Chaacellors under the l27h rule of the court. have
procured most of those annual statements and herewith
transmit them to you for the Of the Convention.
also send you statement of about half million which
others unde the order of the court upon trust to
cumulate the benefit of the creditors of broken
same but which does stand in the names Of the Re-
gisers Clerks. and will not therefore be found in
sucent to furnish the convention with the information
desired far could be obtained from the records Of
the court IN time to be OF any use ~ the deliberations
and undetermined vested upon trust to pay annual al
lowances out of income and over the principal
after the termination of particular estates thereon
accumulate for the benefit Of infants until they become
of age. for unknown owners in particular suits, for
creditors who entitled to in and establish their
claims It will also be by the of the
Register and Clerk of the first circuit there
about twelve thousand dollars which he denomnates the
dead fund belonging probably various individuals and
suitors, who are unknown to him, and for which no
claims have been made for the last six years The
agement of the suors fund.- which must always be large
in this State, and particularly in New York requires
great care to preserve it from loss But believe no
losses Of any amount have been sustained in the Court
Of Chancery, though many millions have, from time to
time passed through the hands of the Registers and
Clerks. II may, however, be proper subject for the
consideration Of the Convention, whether it may be
expedient considering the importance of the subject
have an officer somewhat analogous the Accountant
General in England to take charge of all the funds
brought into the court and required be invested the
benefit of suitors in all of thu courts of the State Many
persons who would make very competent registers and
clerks of court, would not have the financial talent
and the requisite responsibility to manage these large
funds and to keep them properly for the benefit
of sutors and the unprotected classes to whom great
portion of such funds generally belong And 10 impos
sible for the themselves watch and super
intend such investments.
am with respect, yours sc.
r. HYDE WALwoRTH, Chancellor.
Hon. JOHN TRAcY,
President of the Constitutional Convention
The Chancellor discharged from any further an.
swer to the resolution and it was referred to a select
committee consisting OF Messrs Manu. Taggart and Chat
field; and on moi ion of Mr. Worden instructed to
charge of all funds under the control of the Of
chancery RESPONSIVENESS from Fulton county Academy
and Manus Academy against any diversion of the in
come of the literature fund. Referred Debate was re-
by Messrs stow Perkins, Stephens Loomis and Marvin
when Mr.. Harris obtained the floor, and moved that
the committee rise-which was DONE Mr. Perkins moved
the printing oil substitute suggested by him for the Sd
section Agreed to- Recess-.fibany Argus.
Ladies' Will be glad to learn that the
Frcnch Lunar Pills can be had at liz Cherry ts5
s~v,s~ssvn ~x Onsu tS,vsr.
Places TIME. State of Ris-
Cincinnati July -. ........".. deep waer-fallng.
Wheeling, July 80. .,.>....... It. . inehs
rittsburg, July ~ ...s....''. feet fnl