The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-09-04


for The payment of interest on the city debit
Cssh hand July l. 1875. observation-disclosures. s42a75 "a
Received during the 943 93
Total ......... q, sso 10. -
The sum paid for interest &c isss2 Ss IS
pedSe amount advanced for payment Of debt ss Il
Cash in bank July ,Is56....,........ ssas oss o.
The following is the amount OF the permanent city debt
on the ls OF July 1856 and also the of stocks
and other securities held by the Commissioners of the
sinking Fund, for the payment Of this debt
1he Commissioners have purchased "
from time to time, and hold a in.
vesiment, a potion Of the stock
which ferns part of this debt equa,
They also hold revenue bonds. S ST. SO g
Deduct smount adj anced from sinking fund for $50,
payment Of interest 2Sssi u
Amount Of debt unproyided for July 1856 SSSssSs s.
OF The permanent stock debt Of the city ssioooo was
The present of the debt for the erection of pub
lie buildings, docks, &c, is 81, 15i,ooo
The amount OF six cent ock issued 10 payment for
the awards in the Central park is 81 00o redeemabe
in three years from the levied against the
property benefited by that Improvement. $685. loo of
i've per Central Park stock has been issued for
same object aud is in 1898 The nteres, on
the above stock is payable by annual tax.
After decuctng the amount advanced for the payment
o! the city debt, the balance Is S., 1856, 092 ~.
The amount Of Revenue bonds, issued during the year
ending June So 1856, is as follows -
from Jmy = t1'V sss ~ LILY
-
Total ACKNOWLEDGEMENTS. So aO9 $50
This does moi include d special loan made in Nav Last
bv an issue OF Revenue bonds OF SAC OO which were
paid OF and cancelled IN June aud July.
The act o he rees,mre Wh,eh rave authority to the
Crnora,on ~ acor,re n, c,r th ntrsl psrt nrov,dad
for pay ing the awards 10 the owners OF the land taken by
a .ssue 81 toek AZ M interest moi exceeding i've per
cent per araula Ths repor: II the Commissioners ao
pointed by the supreme Court to award damages and TX
por a. me .ose :: tpe year 800 ana was comm a
nance authorizing the c,mptroler to borrow the Of
otc and 10 issue therefor transferable certificates
!. ~, :. ' ne a u ~ po go ue
nv aoe :, tne eha ~ wv 49, =,
ncrsen n a. NV al asss, for bepeas on
lands around lie carr TIC to,a amount thus assessed
on property holders ii the vicinity OF the park was
81 800 zoo As the law for acquiring the land FOR the
par declared thar pa non should be made therefor i'm.
rneda,av ag,ar ~ "a, of inc reuort tse ordi
nance r-ned for M ,sspe ~ s. Coo COO Of six per cent
s,acr rn ~ ian ~ ,ha General art Of lSl3 Thi,
Was one IA antoinat The CO Get, IN OF The assessments
and 70 enable the Cor gcra,lon 10 oly Immediately
ON the 2oth 81 February tie Comptroller gave notice
N Anil Ia, The cash BIDS for the five per cent loan
were oulv 500 COO SrbcI t,oIs however were made
in savera "a ~ Nv per.ops Who Laa awards The six
per oepl stocs have been made available for the pay
meut of awards pltuoh.h tie Comptroller was esap.
nnnted ii tn sy mon; o about s70 900 OF the cash bids
for ,hs stock
ArrsnQemeuts were made on the 18Th OF April not.
wths andtnr tho failure IL the five per .rt loan or
san. 4, ,na T,.,eI states Trast (,,npauy az the f,l
Nv a,r,-9 y, ~ s.,n o,xrars Tha total ann, maid
10 the ust Com auv under The order OF the Court was
s2s2 7e3 70
TIE nnrhar of awards gn,le6 and uaid at the Comm.
trolleys or.,re i s.0
TIE amount aud r.aaner Of those payments were as
stated below vZ-
Tpe ,oiaI a,ncnn. AWARDED for damages to parties
who o Iois we're taken was q. III ,42s 30
Settlements have been made with parties having a~aris
,motntire 10 tho sum az s. 25i sS0 Is to JUS is5 OF
his there las neen paid IN 34 $40 p
In Eve per cent s'oeS 90 5oy W
IN ss per cent stock i4olW W
IT,, - -, ..o a. |
IN inar.eaeas Lrd IL the CIV Oh these swards
IS :. n nren ~ - :! - ~ - . l49 oet %
fhe awarded Corporation. 3,iaj4 70
Making whole aincnLi settled and IN hands Of CITY, 80 ~
ptauc 'As 'Fou "hoiT -
... .a,,r.. ,,rss,,,.A 81 qng la ao |
~. ,a,,a,ny s,at, mem shows that of tee s5lii.
,an al s,oea for re 60, al The land ia The park the
Fus Department has .et,ed anc obtained the
q s9sGs 50 b0 eayipx al out landing balance of
81 s ca so TITS sum = due 10 ndivtuais for awards
PROVISION has been made or Tie payment OF interest on
thu so * i.sued ana gu the unsettled awards ut SIX
per cent from he sih III Fee-uary 10 the LIST August
And The sam q xie2 % i adiea 10 the tax levy 1856
,or MS ,,,,r~ose
Ii naac provision for loao 20 pay OIL the balance or
the PARK c,b ST. C37 so IL isl OF sight OF
The act ,ha HE assessnents for ben sl sccogn, OF
tie park pledged for the redemption, at the end Of
fee Years ~ tie six par issued 10 the
81 81 100 oGo The sun already paid int, the treasury
account o. these as.essrneis mud used 10 the settle
exc II III these pay msIts Gu have had
H. acysn tage sttupg Of double tie pro-
yeeG that IA we have hsd the gre q assessed,
Al the proccccs q the stock anticipate this
" rs srm II tie five per cen. loan hat been taken the
ne III sx Ter cent rio6k in anticipation Of the colec
on u a., sriepts might have been graduated By the
tcrcus made the pressing demands o. those hsv
ug arr, compelled Ia. Comptroller gse all the |
available means WYNN ais reach belonging TO the Park
FppG AwAup 10 rsK.osS owNEssn
HE Coninksinne Of Estatc the Central Park made
AWARDS 10 Unknown on uers tae aggre GATE amount
u $3.50 200 IS On tbe 9th Of ECbraary the day alter
tn supreme Cow, confirmed report d Counts
.apts uere Etmoufs appa ~euiy "a attorney for one
Z 4: :s:: !. s: 3