Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1864-11-29
lowing exceptions, to wit
S22,774 60

SSz,IIf %
issued notices, as required by the act
of 1855, chapter 2, section 6, to the solicit
tors of the several circuits in which were
counties in default as to the tax due on &C
count of INDECENT patients, az set forth in
my annual report for the fiscal year end
ing 3Oth September, 1868. What action
they took therein, or whether any, do
not know.
There is no act prescribing at aoaGt time
the superintendent of the. Institution shall
cause the notice to be served on the Coun-
ty Trustees, provided for in chapter 2. Sec
ton +, act OF 1853; nor is there any act
prescribing to whom the sheriff shall re-
turn such notice, nor the time when the
superintendent shall notify the Public
. Treasurer Of tie amount due from each
county. The prosecution provided for in
chapter 6, section 90, Revised Code, could
not be sustained without proof of the issue
and service of such notice and the Public
Treasurer has no other means of knowing
the amount due from each county, except
ing the certificate of the superintendent
Owing to these defects, the provision for
prosecuting the Justices or Sheriffs for fail
ing to levy or collect this tax, is nugatorv.
As the county courts lay the taxes at the
first court held on or after the 1st day of
January in each year, recommend that
the superintendent be required to cause his
notice to the County Trustee to be placed
in the hands of the Sheriff at least ten days
before the first day of January in each
year, and that the Sheriff be required to
serve the same before the first day of Jan
nary following, and make return. thereof
to the superintendent on or before the LIST
day of March following; and that the super
intendent be required to file his certificate
of the amount due from each comfy, with
the Public Treasurer within ten days from
the, first day of January in each year. :
DEBTS DUE THE BANKS BY WAY OF TEMPORARY
LOANS.
No change as to the debts due to the
Banks, by way temporary loans, has been
made since my annual report for 1868, and
have nothing to add to the remarks con-
tanned in said report, to which respectfully
call your attention.
STATE BONDS NOW DUE AND FALLING DUE IN
1865.
Registered bonds issued under acts of
/. lS4S and 1880 SIS, 900
Coupon bonds issued under act of 1S4S,
chap. 2, sec 40, due July 1st 1864 4l,OOO
Coupon bonds issued uuder same act,
due January 1St, 1865 $1,000
Coupons bonds issued under same act,
due July LIST, 1865, $4,000
Dueto Individuals, (see report for 1851 37O55
s242, O55
Many of the holders of these claims
would acceptState bonds falling due.1st
January, 1898, in payment, and l recon-
mend that authority be conferred on the
Treasurer to pay them in this way.
THE SINKING FUND.
The commissioners of this fund will sub
INIT to you during your session, full re-
port, and [ therefore deem it necessary to
make little comment in relation to this
fund. If the State debt be not increased,
this rapidly increasing fund gives the most
reliable security to the holdersOf our State
bonds and notes, that they will all be pune
nally paid. The corporation was organi-
ted on the 18th December, 1857, and has
zeen most ably managed to this date with
ont any change in the commissioners. In
this short period its stocks~have run up to
$2,370, 800, consisting of State bonds, with