Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1864-11-30

~ II w
issued notices, as required uy the act
of 1888, chapter 2, section 6, to the solici-
tors of the several circuits in which were
counties in default as to the tax due Oh a:-
count of INDECENT patients, as set forth in
my annual report for the fiscal year end
ing 30th September, 1868. What action
they took therein, or whether any, | do
not know.
There is no act prescribing at aohat time
the superintendent Of the Institution shall
cause The notice to be served on the Coun
ty Trustees, provided for in chapter g 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 noti!y the Public
Treasurer of tie amount dne from each
county. The prosecution provided for in
chapter 6, section %, Revised Code, could
not he sustained without proof of.the issue
and service OF such notice; and tic Public
Treasurer has no other means OF knowing
the amount dine 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 nugatory.
| AS the county courts ray the taxes at the
fist court held on or after the LIST 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 lst
day of March following; and that the super
intendent be required to file his certificate
Of the amount due from each county, 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 1863, 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
1913 and 1850, s5s 5000
Coupon bonds issued under act of 1913,
chap. 2. sec. 49, due July 1st, 1864. a. O0o
Coupon bonds issued nader same act
due January LIST, 1865, 81. DOC
Coupons bonds issued under same act,
due July 1st, 1865, 44OoC
Due to Individuals, (see report for 1861 37,05;
ss4S, o5;
Many of the holders of these claims
would accept State bonds falling due Is
January, 1893, in payment, and I recon-
mend that authority be conferred on thu
Treasurer to pay them in this way.
THE SINKING FUND.
The commissioners of this fund will sub
NIT to you during your session, full re
port, and therefore deem it necessary t,
make little comment in relation to thi
fund. II the State debt be not increased
this rapidly Increasing fund gives the mos
reliable security to the holders of our Stat
bonds and notes, that they will all be pune
: ually paid The corporation was organi
ted on the 18th December, 1857, and ha
: zeen most ably managed to this date with
out any change in the commissioners. Il
this short period its stocks have run up t
$2,37o, 500, consisting of State bonds, wit