The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-09

surer to the Comptroller, and the amount due
thereon ESQ far as the returns, &C., are found to
be regularly 10 advanced to the counties from the
Slate Treasury, as here t0fore. After making the
necessary examination Of the returns, lists Of the
lots admitted by the Comptroller, showing the
amount OF tax on each, are prepared at this Office
and forwarded to the respective County Treasu-
refs. Owners are permitted to pay the tax at the
County or State Treasury, at their own option
| The sums received by the County Treasurers are
remiited to the State Treasury quarterly.
All sales Of lands for taxes returned after the
passage OF the act are to be made by the County
treasurer IN the county where the land is situated.
The taxes Of lSi9 come under the operation Of this
law; Inc hIst sale will be made in The counties
ON the fret Tuesday OF December, 1852, and q
similar sale is TO be held on the same day in each
year thereafter. The Comptroller has prepared
and furnish. the County Treasurers fall and Ella.
poiA.e INSTRUCTIONS 'oims, &c, calculated. as he
Deheves, 10 ensure accuracy aud uniformity ia the
execution OF the law. He is also of the oniuioo
that the new system will prove Conducive 10 the
public convenience and advantageous to the inter.
ests OF the treasury, without producing the irrepu.
lariges or any Of the evis which were appre ended
by many, as the result Of departure from the for
mer plan UHder the old system, il was found i'm.
practicable To prepare for and hold the sales for
taxes, more frequently than once in four or five
years. The annual sales provided for by the new
law will secure earlier and more regular returns of
the advances made from the State Treasury.
Another sale, under the provisions Of the pre-.
vious law must be held by the Comptroller OF nom
resident lands returned and still remaining in this
office for the taxes of 1e45, 1916, 1917 and l848
In preparing the necessary lists and computations
for this 6nal sale, some additional clerical force
will be needed, and a moderate appropriation is
recommen ded for such extra service as may be re-
quired.
RELIEF TO PURCHASERS OF LANDS IN ONEIDA RKsRR-
WALTON
The act passed April 6, 1850, "for the relief of
certain purchasers of lands IN the Oneida reserva.
ton in 1910 and lS4l" made it the duty of the
M he IN in
curry into the pecuniary condition and responsible
ty OF the purchasers, and appraisal to be made
OF the value of the several lots, "at the present
value OF the same, exclusive of the improvements
mace thereon since the sale" This duty was dis
charged by the appointment of William J. Corn.
well, Orvie l.. Holey and Albert ID. Freeman, TO
appralse the lands and report thereon. A new ap:
praisement was made by those gentlemen, and
subsequently, confirmed by the commissioners Of
the Land Office. II appears that the lands were
sold at extravagant prices, and most Of the pur-
money and interest The law makes it the duty of
the Comptroller to cancel the original obligations
and 10 receive new bonds. according 10 the new
valuation This operation is now going forward,
and will result in a loss TO the State of about
$25, 600.
AS the bonds are held for the school fund, and
form part of its capital, the deficiency (when as
certained) must be restored by transferring TO that
fund an equal amount from the revenues of the
general fund For this purpose an appropriation
will be required
PROCEEDS OF HALF TAX.
The annexed statement (marked w } shows that
the net proceeds Of the half mill tax, the valua.
ton OF real and personal estate for the year lSi9
including the returns Of taxes on non resident lands
was S324, 352 SO.
STATE TAX AND VALUATION OF REAL AND Personal.
ESTATE.
The tabular statement hereto annexed (marked
", shows the assessed valuation of real and per-
sonal estate, and the amounts levied for State,
county and town taxes. The counties marked
having failed TO forward their returns in time for
this statement. the amounts returned from those
counties for the year 1919, are adopted.
II appears that the total valuation Of
real estate IS SOL 500, S07 90
The total valuation Of personal es-
tate, including capital ut banks
and other corporations, is. ..... l53, ,4S6 90
s72i,s7i. 293 90
And the amount of corrected aggre-
gate valuations is ............. ~, t9i 5s3 90
State nd county taxes. 1882 0jI 81
Town taxes .............. IN, 735 81
lottl tax slon... SO,Ji2, IS7 Us
The aggregate valuation exceeds that of the pre-
vious ear, QSi9,) sol ,6i3,Si6
A circular letter (of which copy Is hereto an
nexed, marked } was issued from THE office 10
the town assessors, explanatory of the manner of
eliminating the capital of banking associations
and individual bankers, and intoxicating the duty of
sipraisng real and personal property az its full val
ue, according TO the requirements OF the statute.
In some localities, the assessors have performed
thus duty with commendable firmBess and vigi-
lance. In the city and county of New York, the
intelligent Board Of Tax Commissioners have made
vigorous and successful efforts 10 reach all forms
OF personal capital legally subject ation and
IN assessing the real estate they have appraised il
at its value, in compliance with the statute. But
IN many OF the counties, the prevalent custom of
under valuation Is too generally continued. The
Comptroller would again repeat his conviction that
this evil cen be remedied. and just equality at
tanned, ss between individual tax payers, towns
and counties, only by an essential modification Of
the laws prescribing the duty of assessors.
Some further provisions Of law are required 20
regulate the manner of assessing Toe capital of in
dvdusl bankers, and 10 prescribe the mode Of pro-
ceedag 10 enforce the cole ction Of the tax in
cases where lie payment is evaded or refused. The
act OF December 4, 1871, (secuon 1, chapter 4l9)
is vague and indefinite in this respect and has
given Use 10 much perple kitty, injustice and litga.
tion. The general provisions Of Law regulating the
recovery OF taxes against corporations. should he
extended 10 the capital Of individual bankers by ex-
press statute and all other remedies failing TO Sc
cure the payment OF a tax, legally imposed, il
should he nude the duty OF the Comptroller 10 pay
il from the accruing interest The securities de-
posted with him under the general banking law.
The whole subject ~ assessment and taxation is
earnestly CON monded 10 the attention of the Legis-
lature, In the hope that guchrevs'cns may be made
as will remedy the irregularities 90 universally and
justly complained o.
All which is respectfully submitted
WASHINGTON llttnT, Comptroller.