The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-05-07

paid 10 the end Of the same month to the
School Fund which, together with charge of unpaid
taxes Of $646 65 make total expenditure of $I3 1926 49,
The receipts for the period including the balance in
the treasury, of $26 266 % the 31s Of March, 1851
amount to the sum of 81 leaving balance to be
carried to the account for the present year o.
The greater available meeting the
the State which the revised tax and others afforded
enabled the Legislature at the session of 1851 to reduce
the State tax quarter Of cent The probability is
tax Of three fourths of cent dollar of the Grand
List viii be amply sufficient, with other sources OF re-
venue to defray the expenses of the State
and s leave at the close of the present year. surplus
not far from $4,000 to be carried to the account for
1853
In the card of Mr.. Winter announcing the suspension
of the Bank of St. Mary's, complaint was made of a
publication in the Mobile Tribune and copied into the
Montgomery advertiser to the influence which the
failure of the institution attributed The Mobile
paper thus explains the circumstances under which the
paragraph was written and inserted -
On the 5th of the present month, (Apri $40 0OO in
the notes Of the Bank of st. Marys were sent from
house IN Montgomery to its agent in Columbus with
directions to draw coin and send it Mobile The agent
was induced by Mr. Winter to depart from his nsruc-
tions and receive draft payable the 18th inst. on
merchant in Mobile. who, by his connection with
Winter and the bank accepted it. At the expiration of
the time including three days grace claimed by the ac
cepor the draft was protested for non payment he at
the time declaring that he had funds assets Of the
bank and that subsequently to the drawing of the said
draft Winter Co. had withdrawn all their means.
This state of facts naturally gave rise to serious
apprehensons of the solvency of the bank and the
agent nj Columbus Mt directed to procure
ry from the institution On the 10th the agent at that
place replied that the bank would not give security until
the draft returned.
On the morning of the 10th. the Columbus agent had
the protested draft in hand and at p NJ he telegraph
ed in these words Draft neither paid arranged
On the 2lst inst suit instituted Winter accepting
service OF writ to prevent its going record
The stockholders of the joint companies Of New Jersey
at their meeting last week, passed resolution in favor
ofsubscrbing 100000 to the Jamesburg Railroad $4,000
to the Remington road, and 100000 to the Belvdere
road There about sixteen miles Of the Belvdere
road above Lambertve under contract part of whchis
graded and which will be completed soon as practical
BILE The above subscription, it is supposed will enable
the company to put the remainder of the under
contract forthwith
The Toga Railroad Company have contracted with
Messrs Strong Bradley for the relaying of their road
with heavy rail- of the pattern the New York
and Erie road to Blossbug The contractors have pur
chased the iron of Davis Brooks Co. The iron ties,
chairs and spikes in process delivery and the work
Of reaying the track will be commenced week. is
to be completed by the first day of August next The
road will be relad with six feet gauge to Blossburg,
and the parties have made arrangements to extend the
road to Wliamsport under the charter of the Tioga
road with the gauge This will supersede the
cessty of building the Willamspor and Elmra road,
the Tioga will strike the Erie road within the
distance from Williamsport, and at point twenty-five
miles west Of Emira at the terminus Of the Buffalo and
Corning road.
The Philadelphia Ledger gives the annexed table of capt.
tai and market value Of stock per and amount
Of dividends of certain banks in that city according
cent official returns :---
RAM or ptIfr. puA DIyID Nc