New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-07-22


Rereant bono. Of Isss, redeemable from .,..
1,,trne nf BONDS reedernsble from A.
s.ssmen,s for various street and other .. -.
improvement i''1,'VV- '"ff'O
S1]osN"
AUTHORITY FOR TEMPORARY LOANS.
The authority Issuing Revenue Bons.' is contained in
he I'd section Of .he amended Charter q 1857 which prohibits
the Corporation from borrowing money whatever except in
bn E made mics, anborize by special at Of ,be Legs.
"ture In pursuance his section the Common Council by
section In the ordinance mstng the annual appropriations
authorize the Controller borrow, from time To time, TIE
credit Of tie CorposoD in anticipation Of s revenues, and
exceed in such revenues such sums mag be
Fund BONDS foT che psyme9; Of award. for
opening sres &C. are snhod to BE- ged BY an ordnance
dnsnce 20 povoe for the payment OF awards r opening
n,,S ao abp Iss s,iS An sc 70 sds rrs law. re-
lating particularly the City of Nswforx into one act
Authority gwen Bonds" by &C: passed
Aprl6 1882 entitled An act to authorize ,he Mayor, Alder
BoDds ard ordinance Of the Common Council
approved by the Mayor Decemb 10 s5i entitled An oIdi,
"by Assessments IN pursuance OF me act OF the Lessatnr
approved by the Mayor October r. 1857 Toe ofAs
Bonds outstanding above stated issued in pur
See s Of the act chap $40 Of 1852 creating he Blaa
Of Arrears also gives 20 he COOPERATION authority borrow
credit OF the Corporation from time 10 time, such
be required 10 meet the def enes caused by
delay in coectl arrears Of the e.'es.e Anoln.
borrowed not exceed at any time the aggregate amount
Of said arrears then otstanding
While tine ,mmon Council are required by the
CHARTER 20 make appropriations Tor every olaaea ana o
& and irasmnc ss nearly the enre revenues Of the
Corporation xcp, such derived from pledged
the payment Of the intest on debt necessary
every year to %st on 10 &c S %
Council appropriate designate amounts estimated 20 be re-
not be raised without an OF the L-si.lnare.
The m ms mat n sg aSS, S como coSa y
the Controllers the appropriations nen made and the Con
;rsr directed 20 Apply to the Tor he passage 81 az
act su'honzng the Tasink y TAX oi me amount
such application, the Legislature authorize The Board OF super
and thereafter from time 10 time collected and deposited IL the
Treasury when i; becomes available.
The begins the let Of January but under the ex
isus moneys received from the annual taxes before
Sept Der October following Consequently the mems f
carrying the Government are, toa great e1ent Dor
rowed year upon Revenue BONDS nd me n,ee. aclns
constitutes mpo an; item in the annual Tax Levy
This Of coDuua ally anticipating the revenues OF the
ny sI Of the Gysnment should be changed It has
proposed change The fiscal year bu the Controller does
DO, this necessary advisable believing ta' tho
object in view can better be STAINED by Altering the time for
and confirming the assessments valuations q property
He.d opIy by legislative sction Under present the
u Taxes and As.essment- required 70 com
pete their valuation 81 the aXabe property within he city aud
county and the Bd OF supervors on the
rate Of tan necessary 10 produce the required and
he eXendcdwhen they ale Transmitted to
previous year oppos,r the ward number Of property
which The cray be due and also TO have the words a..
The ward numbers on which any arrears due which may
b dny MADE he roll. or books sire then psreI in the
# Taxes The law rcqgrs that he roll. shan be DE-
yeIed the Receiver with he q the Supervisors of col
ec,s tsNes before the first day OF sP.eb- In each
year; but Il seldom that this done until some time after thai
date Lot year was late IN the Hon'h OF o';"b,r eoIe n
tax books delivered to the Rcever-whoe business as
thu. cowdd into short space Of Tine aud Isp desiring 70
pay then subjected 90 great and drsy
cn account - the crowd Of pts0 eon,snty waiting ~ 'e
mistakes made both bv the clerk. and ne own
property which have ocasioDed great deal Of Trouble
H. ileret, recommended that measures be taken 70 pro
change in the law requiring thai he Valuations oil properly
early the t February each anc thai the tax books
be duy prepared delivered 10 the Receiver on or bos. the
would BE- given performing :be work which ye-y desirable
much Of would have 70 BE- borrowed
The smount q ,sS-. upcred6 apparently doe the Cy
AVID Cou;v IN the I d January Is5s TJurd uub-Te
On PtT,cnsi sl7as9co
On Real E.tsie................ 2lS-'SD c-SSsss5 G"
On arre.r. Of Cro,ou Water Rents
T. j. F., which had accrued and
be, me ray able pror 70 lst May, 49,, -,
lecS....-...... 90 Wv "
To.,l ..............,...... s5e54S59 90
The amount Of regular ient. f Croon Water renans due
uvn thu cuIu, Wsy,ar commencing l' May 1888 has not
0fihe +4i65 q Persona Taxes due :. estimated by the
Receive Of Taxes the. Tot than $4,000 will ever be
The taxes on Real Estate far actually due Il believed
VIII he part Ultimately be co-l.'ed Tie aPPaira
souut will BE- reduced As BY the discovery Of payments
corrections Of errurs. !
The amounts upon lar ws,er rents u is -stiaaied ""
sso uav BE- collected. al he revenues Of ne ''oIatoh
fom this pledged tn sAs uhd io' NE HE'D
is intended to have sale FOR Unpaid TAX. sud Ws:er
Reut. thr proper sco1;s De prepared al ne
Necessary notice given
TAXATION OF NOSRE>IpENTS.
A. passed by the Legislature, IL February 100 ch' p
The present practice j. and enter d
they bsve duly executed, signed BY the tooier
sua couueIsgDed By he Mayor snd the CrA OF Tie common
Council 100 IN,
All warrants arr distinguished ~ The letters A. and B."
The former printed black iak and l-ed only oI pay
fsk snd exclusively ued II making payments uP1n sA
All warrants duy executed above. entered in the
Jours 10 the Gene rsl Ledger credit Of sTIsl
Drsxu" or g. Warrants DrswL tie b. aid me
sprr prts expenditure indicated by the iuio
sh.d ith After presentation - and paynie
~ IA. the warrants ale Cancelled by ranpcut
sd returned periodic ally viii detailed ISIS thereof 20 the
Ci.r W thry aye cNauired AID rO,ed in lie Rests'es
her respective numbers and then entered In The jour
~ - IN. credit Of the CHAMBERLAIN, and debed % he respect
H., accounts II Warrants Dawn. Al,
r. see AZ any tine 70 TIE credit Of said sccognts should
49, 81 amount shce iucudirg those VnA may
- ~. rec allied for The Auditor Of Accounts VII here
,r . far as he sy BE- able Dotiis FSrsors n - sEo ~s
-. have beer executed, when they are rot called i
there .re hed b. The Commissioners II the SEX
INK Fuud ID. following amounts va: - =,
OF The IA S99 eqF pfrrusrenaor sosk DEG, e1erln
sble from the Sinking md tr ne h'Sei"l 49, :,
the Csy Deb....... '''. 20 M
Qf,he 81 "a Zoo .-cck debt, Fcdecnshl- iTon iAN!o
Of IN. COO Ceu:ra! Pax Asss srel; Id ssock tsV"
,-5