New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-10-28
STREET IMPROVEMENT FUND.


during the past Ave years, upon great number
Of street improvements Of various kinds, which have
been wholly IN part completed the cost which s or
ought to be- reimbursed to the Treasury by assessments
be benefited By such mprovements Inclnded iu said
amount Of ts9sO.o 70, there considerable sum fos
preliminary surveys" &C., upon works Wnlcn were
never executed and for which, Of course no
The balance of ssOs7s a due from this account, the
made end dDS Ss has, ct Ro snd
years for interest on assessment fund bonds,
| aud street improvement fund bonds including
nonpayment Of assessments Sey6Sd the receipts for
interest on Sun collected by the Collector o.
on advances made to contractors The only legitimate
amount BY taxation. In respect to this account Of
Interest on Assessments" the monthly balance sheets
that Y Sas al the While @
5.!s $Ssl IF If sty
mcnt FGnd represents the amount paid 70 SUBJ
urban remen and 1870 the money for which pgr.
expenditures Of which are represented as follows:
aS GS sS rsS a;s s:'.
iS-I yoS = P F Esd: ,: S 81
Amount paid 7. c. Fed,.........".."...."SSo1s D %
Ia slis "a etS79 50
r..,D,,n.,,,. .ssaIga 81
The Committee are informed that for the able services
rendered to the fremen Of tho suburban districts IN Pro
auditing and paying their claims and collecting Inc
money from the S the from from M ME- ety. 81 T5S S
time allowed by them the very liberal rec OF % per
Fire Department stock bears interest at per cent
annum, the principal being redeemable IN 1877 ana Dotn
being required to be provided for by taxation
GENERAL FUND 49,
The balance Of 100000 apparently due from TINS
fund consists Of an excess OF ,o anS
good the deficiency BY raising the amo unit by TAX
lorOa hal of
account consists Of arrears OF taxes on real estate
sent to the Bureau from the Receiver OF Taxes
and the Collector Of Assessments as provided 9y law.
yersed unpaid taxes and water rents for the years
1861 and 1885, also that 1t s the intention OF ne r.
OF which there large amount as soon as the same ea
be prepared The Committee are OF tne Gp ahn az
ways he held upon the expiration Of the me prescoeH
by s ysS S s@p @S 5SF Tue
Thomas Dunlap, collector Of civ Reven.e -
consists of various kinds and interest which has
accrued during several years past AScora9E 70 ne
nue. dated Sept &c. 1871 the amount then apparently uus
and uncclected from the Long Island Frry
Pect.,ip Ferry four Ouehn years. from Nov 1885, to ~.
Ga and Fer Ferry eleven ami i6ryeqaarei years l.
1859 TO Avg /, 1871 at e2sG
tSq Eos s. oS Ffsrr Sss
were granted to jeremiah " Messerole, Fleming Dun"
can Gcrrit smith, VIM. R. Painter John ODonohue,
ten Years from May 1859 at annual rent Of e oco
for the Peckslip Ferry, and $4,000 for the Grandst
that Such leases Should assigned to the Long Island
Ferry Company In the Controller annual S ass
above claims in the hands Of the Corporation Codn
a I 9S SsSR
rent the Pecksp Ferry was not charged up aIes V
q " Of ns SSf t
amount lie was understood to reply that the y ia
Commissioner the sinking Funds to suspend proceed
ngs in relation to the same.
Revenue Che attention Of the Committee was directed 20
the payment by exAlderman Terence Farley Of the
HISdsssS %oSsg 1T tn s
real estate held April 1851 for thu sum of S1s y
possession Of the property without settling
mittee are Of the opinion that such transaction is any
thing but credtabe TO man OF the known wealth and
per%td II Il. The ssy attention Of Acting Contross
Green Of the Corporation Counsel IL recommended
the ss y
partment IN adjusting" and settling the claims Of tho
t6e y ne cy q upward q 10000 would sui
ton Of the many millions now fairly due to the Cor pora
Ton, "a herein stated.
ASSESSMENTS VACATED.
In addition to the Of s64SOl II standing 70
the debit Of this account 1t is believed that other
siderable Of like character will yet have TO b
charged OF it. the whole Of which must made gssd
by taxation. 10 would seem. however, to besequitabe
that the unintentiona or even Intentional errers and
70 n .Se .S SS s alST l
died by lefsaon in sueh TO relieve the city
s Ct
In the vicinity OF such works Every assessment
vacated by decon Of the courts OF dimnishes
by Just much the relied upon to redeem tho
bonds and street improvement bonds issued
provide means for deaytng the expenses Of exeout
such works, which deficit be carried along for
time BY reborowtng, but must In the end be suppled
from the pockets Of the taxpayer.
TIE RECEIVER or IAxEa
According 10 the balancesheet Of the ledger Of the Re-
ceiver iof Taxes dated Sept 90 ls there taxes
then remaining in that bureau uucoeeted amounting
S06s.SSs Oh. On inquiry tho Committee arc informed
that with the exception Of those for tho year 1870 al Of
the above amount 10 for taxes personal estate Upon
tho expiration Of n months from the date Of the iys
the taxes on real essste arc sent % tho Boz
feau Of Arrears 10 be ultimately ciosed ~ q
sale Of the property subject 20 tie hens nee-
fer But there anilaf meana provided ~ lev 20
tho enforcement Of the collection Of taxes on Pefso2
estate In pursuance Of Section u Chapter - @ .
lava Of iso there has lattsrly bean included h ~ Ia
Lew q sseh year A amount 70 Rssvds es %
pergoni ai;ssssd. e. &C., q fOieys: .~..rn !.
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ne Is cSSni,s.. s i:s.n Tia. sr !s: ssss =
y.cdrot fa1v 10 Dfeoen9ye0Ey W1D