The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-01-20

BalsDce ct revenue in the treasury he
outh september, 1900 S24,3Z0 40
HUDSON AND HRKsHIRE RAILROAD
In the last annual report Of the Comptroller to the L.
gslsure they informed that this road had under
those Of chap All Of the Laws Of 1877 been sold to G.
W. Chaplin, Efq, for $780, the 21st of November,
dosn in cash. ana forty I've Per cent payable in thirty
DAYS ana the bslaDcs in sixty days In the final settle
% s Eh o ar Gna the received s o aS%
paid into his bands in money. This deposited
in the Commercial Bank to the credit Of James Cock
Berkshire Railroad, and the bondhoders notified that
1884 % 81 600 would be paid them the surrender
tie bonds still outstanding The last bond was
rendered the 26th day March when the balance In
ciuciDg the accumulation OF interest," paid into the
treasury to cover the expenses attending the SALE
This Faction does not appear in the recspts and
remaining hand after redeeming the last bond This
the MONEY had been paid treasury 1t could
have been withdrawn without appropriation of 1t by
the Legislature and the final settlement postponed until
their present meeting Acting under the decisions Of the
courts as mere trustee The Comptroller assumed the
su hoIy OF closing this matter With the least possible
10 made to prevent Misrepresentation as to the app
cation Of the money received the sae Of the road its
receipt ard disbursement not appe airing in this report
RESIDENT LANDS FOR TAXES.
The amendment Of the law at ths last session Of the
legislature relative to the sale Of lands for non-resident
xes BY restoring the and duties Of this De part
nent to its former condition. connected with their
sale and redemption cannot but operate beaeciay to
itsef
The past years experience in the Couptrouer's Office
has developed and fornids Die difficulty red
with the prompt and proper performance Of the duties
imI osed ups that Department In relation resiuent
lands The orginstcrs Of isw which placed the col
leoti Of upon those lands upon the state evil
Gently contemplated increase of the quantity,
least Of the number Of oierent los to be returned
to this Office or that conflict between the state and
the local 8uthofiiiss where such lands situated,
could POSSIBLY Arise. When the present system
tered upon, large quantities. OF uuoccuped lsnds were
ed n of
to e those counties to realize the amount Of the
tsxes thus LEVIED Within their respective oorders the
state assumed rather advanced the amount In money
copg for indemnity to their future redemption by the
owners thereof olby their sale 70 parties desiring to
This class lands then consisted OF tracts townships
and heir suboivirions containing at lea enable
these lands ,be State was compulsory purchaser Of
less Of the tracts thus sold ana became the
owner. without couhict as TO title h any local
thcrity The system worked well, without any materia
loss 20 the s,ate.
TIE present embarrassment relative t, the manage
meat OF the tax department in the Comptrolers office.
arises I'm the immense increase Of the humber Of lots
returned nonresident land. in ofour most popu
lous ard fou Thing cies In the State. No defence
lists against making subdivisions of land actually
resicent End the spirit Of speculation the real de-
for city village ots has resulted ia multiplying
the number q those lots to an extent that must Il
1t ntinoeF put at defiance the clerical force in the
ConpiIoller's depsr ment. The same 'ime lsoor and
etteDtitn IL required pp.n The return of city vii
age lot Of ~ by 100 feet leo 0o0 sust-
60 in any county IN the State.
=
that the amount Of the tax ed and admitted THU
description nearly not quite absorb s the State tax,
acredit upon the books Of this Department OF that
amount. The county Of Erie through the city Of BuA
To- BY it's return u non resident lots, received credit Of
s46t9 IS Tor the 1853 Tire number tor 1854 being
sts COO lots Absorbs nearly the entire state tax o.
10 unity. which amounts to $a4 600. Added to ths
difficulty that cAnnot be remeded under the present
ysIem of returning to this Office any nonresident lots
atei upon the various municipal corporations in this
State.
n wond seem that the following provision for leyyng
tsxes upon that class Of prtpsry covered by the sanc
etperal laws was not sufficiently liberal to suit the
Vi of legislature Of 1858. The fret part OF sec
the si,i.sd statutes rssds a. the ' Pres.
cent other proper fhcer of any incorporated
psIy ,smsd in 'be s.men roll tha show to the
sisct,cn Of the Boa Ct supervisors, at their annual
nee;irg within two days from the there
o. BY AFFIDAVIT Of such officer 10 be filed with the Clerk
II the Posrd thst such company Is not in the receipt OF
.ry prtfu or income the OF such company shall
be sctep fri m the ssscssn eEs roll and tax shalt be
TIE Legislature Of 1858 nded section as foliows:
cmpssy banned show he ss ss1
s.. s g Sc s ss &c ,ls q
os,s suen bs such eompsDy sa. 10. dnrus @
rec ding year. in the receipt, pIoats clear ia
;,s :ss' s.s
4. . on ssRs s y directly
equal 70 Ave per cent on suth ~ anoua profits
come such further bl have asscssed
on such roll a. the taxes on their real e-ta'e, &c.
II viii DO perceived 1T once IL c"psng the two Sec
tisps that the exemption heretofore applicable TO manu-
tac,urir co, porA lions and marine insurance Companies
,s BY this msnt applied to MI corporations exist
ing in this State.
IA Il not q matter Of astonshment that 40 gross a
wrorg should be perpetrsed upon ths ueopis OF mi,
STATE a. take in great meseure from undsr here
fof re conmtn burfhtn Of tsxaton por Of the tax-
able proy city therein and simply becsue s owners had
ought employ ment for II, With view IA profit. To