Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1861-10-18

Believing as do, that their failure to pay, result
ted ffop no want of inclination on their part, nor
from bad or improper management Oh the part of
theft 5fiicets and employees but from the fact Of
general prostration of trade and commerce--amost
their entire business for the past six months, hay
ting been the transportation of troops and munitions
Of war, which they have done with the utmost
promptitude and upon the most accommodating
ternis-I have felt that neither the security of the
State nor the interest of the Composites would be
promoted by placing thcm in the hants of Receiv-
ers and have therefore declined appointing such
Receivers. ~ ...,. 81
The Edgeield and Kentucky and the Winches-
ter and Alabama Railroad Companies having fail
ed to pay the interest due upon their Bonds on LIST
January, 1891 pretiohs to the passage of the
above recited act, / appointed Adna Johuson TO-
ceiver, to take charge of the former and James B..
Lamb, receiver for the latter. These roads with
the property and effects of the Companies were
placed in ths, hands of their respective receivers
and have been operated by them up to this time ;
the operations of neither having IS yet refunded
to the Treasury the amount of interest paid on
their account a.., ,a,
For an accurate statement Of the account of each
with the Treasury, refer you to the report of the
Comptroller.
BY reference to the report of the Agent and In
spectors of the .Penltentiary it win be seen that
there has been gradual increase in the number of
convicts for the last two years and that the bust
ness for that period has been large resulting in
nett profit to the State of $32,729 6s.
By the act of gath March, 1860, the sum of $780,
coo was appropriated for the purpose of enclosing
and grading the Capitol grounds, said fund to be
raised by issuing that amount of coupon bonds of
the State which were to be cashed by the Bank of
Tennessee at par.
The work progressing under the supervision of
the Capitol Commissioners, on the 18th day of Sep
tember 1860, issued $4,000 of bonds and deliv-
cred the eime to the Bank Of Tennessee, the
Bank placing to tho credit Of the Commissioners
that amount BY the act of lst February, 1861,
the appropriation was repealed and the Commiss-
toner's directed after paying all the debts against
them, to pay the balance Of the fund in their bands
into the Treasury. ,..,,,,-,, - II, U a, /.
1t will be seen from the report Of the Comptroll-
er that after settling their accounts, they paid into
the Treasury the sum of $5,O03 6l. d.
Under the 3rd section Of said act appointed
James Plunket receiver, to take into his possession
the mules, carts and tools belonging TO the State
and used upon the Capitol grounds, and ordered
him to sell the mules and such other property as
was pershabe, but to receipt for and retain the
tools, as they would, at no very distant day, be
needed and could not be sold except at very great
sacrifice,
mules corn and hay at $725 3s, which sum has
also been pad into the Treasury.
The Other property remains in possession of the
receiver, subject TO any order that you may see
proper to make With regard TO II.