Holly Springs gazette., 1850-01-18


The totol receipts into the treasury for the
year l849, from all sources. were $437,0lS "A
And the total expenditures with and with
out warrant from the Auditor, 3l7428 s64
Showing an excess Of receipts Of 1859 574
But the above expenditures include large
extraordinary expenditure, on account Of the
Two per sent. Fund, expended on the Southern
Rail Road the funded debt, and bonds and
coupons ol the State, amounting to $l77,O22
O24 and also $40 81. paid out on unfun-
ded warrants of the Auditor, issued prior to
1S49. ,e.
The amount received from ordinary sour
ces of revenue, during the year l849,
was $358,6l7 So
And the ordinary current expen-
ses were 3l39,S51 ~
Showing an excess Of general revenue over
the ordinary expenses OF the
State of 2l6,ooo ~
The Jalance in the treasury on the lst OF
January inst, as per statement made by the
Treasurer. is $43S,G67 II
But Of this amount the following sums belong
to The trust fHlluS, VIZ a.
To the TWO per cent. Fund $1,G5l IS
70 the Three per ct. Fund 21,S95 SO
To the Seminary Fund 1907 773
To the Sinking Fund 1902 22a
--132, $50 81
Leaving applicable to the current expenses Of
the Government, 1854 SIG 25
The total amount received of the Sinking Fund
is $l45,7l5 324
Ofthis sum there has been applied to the re-
domption olbonls and coupons 72,393 10
Leaving balance applicable to the payment
of the bonds, of $75,O22 22a
The total amou4t OF the Internal Improvement
Fund is $32, So 23
But the State is entitled to credit for her cx-
pcnditure. in locating the land,
&C., Of 1868 As
Showing a nett amt due that fund
Of only 5,492 81
The whole amount Of Tie Chickasuw School
Fund is "a 5l3 80!
But the tate has incurred an expense, in loca-
fms the School Lands, of S,474 ii
Which shows d balance due the State from
said Fund, of $500 83a
1t wifi be seen from the report OF the
State Commissioners, herewith transmit
ted, that thcreyet remains Of the Sinking
Fund to be collected, including interest,
the sum OF $705,S15 2G. OF the Sem
mary Fund there are available Judg
menls to the amount oil &Sll ,00o and TIVE
thousand acres of land valued at Sl 900
making in all;uhcollected which is avail
able, about S27 900.
The balance to be collected on the
Town Lot Fund consists OF good jud5'
ments, which will be collected in IA few
months, amounting to about $4,000 and
an unpaid balance on several lots, OF
which bills are pending to enforce thu
States lien, amounting to about $500
more,
The amount collected and paid int
the treasury by the commissioner, OF tn
above funds is $33, ,335 s5; and he ha
received by compromises, three thousan'
five hundred acres OF land, valued a
three dollars per acre, amounting to $40,
500; making in all, collected and secur
ed, S43,S ,S35 So.
recommend the passage OF law au
thorizing the commissioner to sell tn
residue of the lands belonging to tn
Seminary Fund, under the direction o
sanction of the Governor and Attorne
General, AS in case already provided il
regard to the Sinking Fund.
The amount expended by me, of tn
Contingent Fund, during the year is4e
: was $3, lO7 So, and by Governor Brown
$l73 90; making 4 total OF $3,2SO 5
And the amount expended by
me during 1919, was S2,l25 A
Amounting in all, to S,54o5 y
Which Is less, by $2,5ol OF, than tn
standing annual appropriations.
The amount drawn and expended 0
] the regular annual appropriation to tn
State Library, during the last two year,
S2ll 81, by my predecessor, and 500
so by myself, amounting, together,
) $5O7 81, and the amount drawn an
5 expended, during the same period, o
! Al