Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-15
COUNTY FINANCES.
Important Financial Report from
President Lewis to the Board
Of County Commissioners.
County Warrants---TOtal Amount
Issued, etc.---The Tax
Rate for 1869.

G0unIy HdFfdhlS- tOAot
Issued, etc.---The Tax
Rate for 1869.
The Board of County Commission
ers AT their meeting yesterday morn
inc. resumed the discussion OF n APP
Dointmeut and assessment OF county
taxes for the present year.
The interest tax, which as was re-
ported in the APPEAL yesterday
morning. had been successfully put at
10 %. 90 and IS cents on the hundred
dollars of real and personal property,
md voted down on Friday, was taken
up and fixed at thirty cents. The tax
for bridges, roads, etc, was not taken
up, and will not be, the expenditures
for these purposes being estimated in
the general tax.
There is but n more tax to fix
that to meet the judgments against
the county on warrants, OF which the
APPEAL spoke yesterday, and which
amount to between fifty-five andsixty
thousand dollars. The assessment as
it now stands is
General tax, for current expenses. 60
Interest oO
| Tax for subscription to the Missis-
sippi River Railroad~-~~.----.--. 20
81 10.
On every one hundred dollars worth
Of real and personal property. This
tax is in county warrants, which OF
course will materially Tighten it.
President Lewis submitted the fol-
IOwing report, which is a document
for every Taxpayer to read. We pre-
sent it entire:
REPORT.
To the Board of County Commissioners
of Shelby County:
Gentlemen: ! submit herewith the
report of j. ]. Powers, County Trus-
| tee. for the period from May 1 TO July
| n. 1864. inclusive. You will perceive
| that ON May l he had in currency the
| sum of thirty-two hundred and forty
five dollars and eighteen cents
| 1925 IS). From that time to July
81 ~hereceived in currency as follows;
| From Magistrate SO 90
From Clerks Of COurts----....- 2Ol Oh
| From VIM. Mclean, Tax COllec-
1865 90
In County Warrants
! From Magistrate > 90
From Clerks of Courts. 6,2o3 90
From VIM. Mclean, Tax Collec-
tor. .........-. .-......... ...-...... ls,O39 ~
Amount of the above items. So, SOS 81
| He has turned over to me the
County Warrants received by
say 50
l Also interest coupons of the
county. NJ. and o. r. r. bonds,
taken up by him, amounting
5,too 20
| He has retained as his commits
30 a
And has remaining on hand
July 81, in currency. ..-. --.... 3,+0S %
Total .....-.... ..s.-.--......s-. ..-...'.co-1Jpo q
You will find the warrants and cou-
mons duly cancelled by the Trustee as
+ perceived them The coupons are
also duly endorsed by the parties from
whom they were received. The Trus-
tees books show all necessary facts,
and are well kept in all respects. L
/ hand over to your body the warrants
and eoupons received in said settle
ment. and respectfully ask that you
will promptly examine the same, in
I connection with my settlement with
the County Trustees books, and then
mon finding them correct, have them
4 carefully recaneelled by thee ounty
/ Clerk and deposited 10 his Office for
/ safe keeping.
| take pleasure in stating to the
| Board that ] have recently, with the
| aid OF General 81. T. Williamson, Mr..
l.. E. Dyer and Mr.. G. W. Lyman,
! made a very thorough and complete
| examination of the amount of county
! warrants issued by this Board, from
! tho commencement of its existence to
/ The first Gag of this month,
and / find the smount out
| standing on the frst .day of
August, 1853, 10 be three hundred and
ninety-three thousand, six hundred
and three dollars and seyeBty-eight
cents $500, SOS ~.
This examination was 20 thorough,
and was repeated in so many ways to
test IT. accuracy, "a to leave no doubt
] that it Is .eptirely correct.
6nd also by organization that the
| am0ass$ Of interest coapcns Outstand-
ing. including those due oetSkar l.,
! 1863, and alsS Including the intereS
that viii be due on them, VIII be
| about one hundred thousand doliais.
As far as possible it will be cur duty
! 10 provide for the entire amount OF
4 the above by the taxes of this year.
/ Also fhy thousand dollars on sub
! scription 70 the Mississippi River
| Railroad, payable ReAt January, and
| eighteen thousand dollars (stS e001 in
| forest on the bonds for the said road.
| The other interests requiring levies
/ are well known TO you and need not
I be stated by me at this time.
Respectfully,
| President Board County Commissioners.
STATEMENT OF SfR. LOAGUE.
Mr.. League, County Clerk, makes
the following statement in addition,
aud as a commentary On President
Lewis report:
If to the foregoing report, showing
! S393,603 70 of outstanding iadebted-
ness, be added the warrants which
/ nave been issued By Judge Leonard
before the organization of the Board
/ Of County Commissioners, and still
unredeemed, viz: S6938 35, and the
amount of 1854 81 appropriated but
not yet applied for to the President of
the Board, the amount viii cores
pond with the records in the Clerks
! Office, which show the outstanding in
debtedness of Shelby county to be on
August !, 1863, Ss05,437. Tho amount
to $693S IS of warrants above referred
10 Is not redeemable nnHl presented
of the Board and reissued, and Ct the
1854 81 of warrants referred to, Ii is
safe to conclude that a portion may
never be called for.
JOHN LEAGUE.
County Court Clerk.
THE business card Of a successful
firm of cotton factors, grOcers and
commission, Morris, Lea q Co, ap-
Pears in another place. Messss.