The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-04
a O99 rs

Ia making these sales the purchasers generally were
charged only the amount of the BID at the auction sae
Among the purchases az the auction sale was Jude
peot against the East Boston Timber Company. for
sos 600, which bid OF at about ten thousand The
Comptroller offered to assign this JUDGMENT for the
smount Of the bid and effort was made to ascertain
whether any could be recovered from the Compa
ny from the individuals of the corporation After
hearing fore Judge Woodbury., and his decision, q
copy OF which furnished the Comptroller, it
determined to abandon the suit and the Receiver
cuted discharge OF the Judgment.
The purchaser at the Receivers sale who bid OF the
"Sidway e.ss for $4,000 did not consummate the bar
gain AMI the Lease assigned to the Comptroller by
the Receiver under order Of the Chancellor. In Oc-
tober last the Surveyor General sold this property
$780, SO 100 being paid down and the residue So ooo
10 well by bond and mortgage and Is payable
10 annual inrtalments, with interest at per cent.
The rents of this property have been paid to the Bank
Fund since Nov lS45 and amount to 81 2S4 So, making
o total of $ll $50 SIS realized from this property.
The total amount paid uto the Treasury on account
Of this bank indemnihcation in part to the Bank
Fund is as tollows:-
Paid by X -ceiver.. .e3S S64 O9
Paid from assets bid of by agent. ...... 2ss rs
Received from Sidway property. 1884 IS
Io'al' ......... 49, ''e'''0' %
At the sal. of the ssssts Of this bank by the receiver
the Comptroller sent agent to bid the assets The
followir were struck of to HIM
Notes crafts, Peter Comstock and COLA
teral securities, nominal smount). Sis O9S AZ
Bonds and mortgages Of Peter Comstock. lo6 900 90
Bond. OF Mcintyre and Smith, coatera,.. l250O 90
Mr. Comstock acknowledgement indebted
ness. OF $50 coo.
pere0DS...
Bond of F. Olcott with r. W. and T. Olcott
Very little can be collected probably from the claims
against T. Comstock
An offer made to transfer certain property which
had been assigned by the cashier to protect his BAIL and
which had be- appraised Sill O00 aud to pay $40 900
ia money on condition that the bond released Be-
evny that 1t better for the Bank Fund TO compro
mise these than be subjected
litigation, which seemed Unavoidable the Comp roller
settled with the parties ON these terms Eight thou
rand dollars has been paid into the Bank Fund, and
tlSrp in dr0t far mr. fha
to be paid in cash Some of the lots assigned have been
sold at private SALE and others at auction and although
certain charges the premises paid, the proceeds
of the 81 600 will not exceed $4,000
LANDS FoR TAXES.
Preparations have been made for sale Of lands, for
taxes, in the Of hs year ls4S This sale will
noorsisut lands in the several counties. for tn
years ls40 ls4l 1912 lSl3, and 1874 1t Is estimated
s in hs
the OF Sl2O000 The receipts Tor the current nscs
year may be estimated at SIS 900.
1treQures about two years to prepare 10 tax SALE
and tina time when sale takes place, there usually
three years otax.s in arrsar which remain UT til sub
fequent sss IL the next rale takes place in Sep
tsmhcr l84S there will then be four years OF noar resi-
dent taxes Ia arrear
At the tax sale in lsa3 the Comptroller bid in for
thu Slate acres there being bidders willing
to pay the tsxs for the Ian In all cases whore the
owners have made application, they have been permit
tod to take title the lands quit claim from
tho Stste paying the for which the lands
sold, and all taxes WHICH had been assessed the
In the year 1s42 the amount OF nor. resident taxes
returned to the Comptroller's office, S95594 II ;
and in ls44 $4,000 81. Add the same amount for
1915 and t46, and 1t makes total for four Of
Ss34,lA - To this sum must be added the sums al
vancea for lsl0 1871 and lsi1 three years At SIS 900
Per year, S225 900 This makes aggregate Of
$5T01e rs, advanced from the State Treasury to
county treasurers in the last years account Of
resident taxes. Admitting tina forty per cent has
been paid into the State Treasury by the
owners, there would still be due frsm this
Ss<7 600
Statement No L. gives the valuations OF real and
personal estate in the several counties and the
OF State, county and town taxes.