New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-11-07


For Bountes, II per cent, per Chapter 80, -
Laws 1865. ACKNOWLEDGEMENTS. lO,e99,4 l3 ~
Total. sl3, 7ss, COZ g.
And Vasreos of this SUN of ten millions eight humid
red and Dineyfve thousand four hundred and thirteen
dollars and twenty cents (slO 4l3 2V required OF Us
for State Bounty purposes it is understood that the
whole sum will be expended In reimhITsing localities
for expenditures in raising their quotas under the last
call Of the President for men, OF WHICH The County o.
New York will receive back by way OF reimbursement
less than the of three millions OF dollars (SOVlOOO
leaving q OF eight millions Of dollars (ss 0CQ 900 10
be paid By this County for State tax ana for which we
receive return whatever; and
WhereaS. III the people, on Tuesday next, should not
decide in favor of the Act TO create State Debt as
contemplated by chapter three hundred and twenty five
{325 of the Laws of 1865 the County of NewYork will
be required to raise by tax in s66 the whole of the sum
Of ten millions eight hundred and nnety.ve thousand
four hundred snd thirteen dollars and twenty cents
f$lO 1885, l3 30 for the Bounty Tax in addition TO
sundry other amounts, which will swell the total tax
this County for the year 1885, for State purposes alone
70 the enormous aggregate of thirteen millions
hundred and ninety eight thousand two hundred and
sixty.two dollars and sixtyseyen cents 6
and increase the rate OF taxation OF next year TO al
absolutely burdeDsomc hgure and 49,
Whereas Ii is unquestonaby for the interests Of the
people Of this taxpayers or not since
every citizen is less affected by the amount Of
taxation-that this Bounty Tax on this County. OF
nearly eleven millions of dollars ell 0oQ0 0 should BE-
distributed a series of years. TO secure which end
it is important that the question "For or against the
Act TO create a sale De6t sho.Id 10 dooiIsd fr-,a-
lively at the election on Tuesday next; therefore
be
RssOlred That the Supervisors Of the Comfy of New
Work do earnestly recommend every citizen OF thC
County Of NewYork, entitled 10 vote TO deposit hl
ballot on Tuesday next For the Act TO create STATE
Debt TO pay Bounties.'
Pesoired That the Committee Volunteering be ant
they are hereby directed TO nave at once pepGred
suficiency of ballots For the Act to create 2at'
Debt TO pay Bounties," 10 supply all citizens Of h
County of New.lork with sn1cicney thereof iO
election day. and 10 distribute said ballots to the Gen
era Committees of each Of the political parties, on o.
With . n
resolutions duly authenticated by the President ant
Clerk of this Board to the end that those whose duty
Is to distribute tickets may fully understand the i'm
portance of this subject.
Rssolred That the same Committee be and il is here
by directed TO have tins preamble and resolutions con
spicuousy published in all the prominent papers o. tl
CITY until the election and 10 use all other Jldicior
measures by posters Otherwise 70 call The attention
of every voter 10 this important subject.
Rssolped That inasnnch as this IS purely tnancia
question without faint Of politics that the press Of this
city without distinction Of party are hereby sohclted
to lend their great powers OF quickly disseminating III
formation 10 the work OF bringing this matter 10 the al
tenfiop of the people Of this County and their influence
to urging every citizen 10 vote afiirmatvey on The
question For the Act to create State debt 10 pay
Bounties."
AIIENDIy.
LAWS on 1868 CHAPTER 325
An ACT to provide the means OF paying bountes an
thorized by law and of reinibuIsng municipalities
Sor bounties paid By them in pursuance OF law by
creating State debt for that purpose: and TO sub
init 10 the people the question OF creating such
debt and 10 repeal certain SECTIONS OF chapter
twenty nine OF the Laws Of eighteen hundred and
sixty-ive.
Passed April T. 1865; three.ffths being present.
The people Of tie State Of NeU York represeed an Senate
and ASSEMBLY, do enact as toilODs:
SECTION j. TO provide the means Of paving all boun.
ties authorized by law to be paid by this state to youn
teers drafted men substitutes. and 10 provide the
means OF reimbursing cities counties and towns for
bountes paid by them TO volunteers drafted men or
substitutes SO far the bouDties paid by them are
authorized BY law Of tn. slee 70 DC reimbursed OF
and authorized TO be- contracted which debt shall be
for the single object Of paying remburng and refund
ing the said bOunties.
SEC The debt hereby created and authorized TO be
contracted shall not exceed the Of thirty millions
Of dollars, and there shall be imposed levied and
assessed upon the taxable property o tins state direct
annual tex pay the interest on the said debt ~ such
interest falls due which said direct annual tax shall be
sufficient to paw such interest ii fals DUE And to
create sinking fund for the payment Of said debt.
there shall also be imposed levied and assessed upon
che taxable property OF this State direct annual tax to
pay and sufficient TO pay in the space OF twelve years
from the time OF the passage of this act the whole OF
the debt created and contracted under aud by the pro-
visions Of this act.
SEC. g. To obtain the money necessary for the pur-
poses mpated by this act the Comptroller IL au'
thorized issue the bonds Of the State IN such sums
each shall seem meet 20 him. with coupons thereto
attached the payment OF the interest Oil such bonds
at rate not exceeding per centnm per annuin,
half yearly on the first days OF July and January IN
zach year until the principal thereof is payable at such
place in the city of New York shall seem meet 10
Him. and the whole principal shall be payable IN such
place In New York city as the Comptroller shai deem
meet in twelve years from the passage OF this act
The bonds TO be issued by the Comptroller under the
provisions OF this act shall DO disposed OF by the Comp
tToler follows: First he shall es soon as may DC
er the approval of this act by the people issue AZ par
% the holders Of any Of the reyenge bonds Of this State
which, under the provisions Of any law Of THIS stae
shall have been heretofore issued by nm 70 rass
Gst section Of this act to reimburse or refund TO
cits counties or towns the bounties paid BY the as
specded IN the FIRST section OF this sct 30 aeh o. lne
bonds Gtborized BIZ this s0 az shall equal In amount
vbe revaue bonds OF this State which shall have here
Wore ben issued BY him aforesaid second he shnu
h en- ~ 10 tbs remainder Of bonds authorized 10 D.
ssLed by this act before dsposing Of them or any Of
ihen advertise for proposals. for the same and shall
open tie proposals. aud award the same TO the highest