Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1873-01-11

$50. Observation-Disclosures. $50. 600
Loan to the r., W. n b. X. r. Co... sh 900
Loan to Sussex county, ........,....., 5000
2439 shares Farmers Bank stock, at $50 12l,g50
81 shares Natal Bank OF Del, at 44j5, l7,2Oi
IA shares Smyrna Bank stock, AZ $50, gl20
254 shares Union National Bankstock,
Invested in the New Castle 4 wii'm.
Il. r., for which per cent. interest
Is paid,................. $4,000
Total assets.....................ss24,2 io
Yielding a semi.annual interest of about
s2i, 900.
If the total assets were deducted from
the total debt II would leave net in
debtedness of 1900, ISL, with a cash cred {
in the farmers Bank at Dover of S5S,-
0l6.s2.
There will be due, IN January next
from the several counties, under
the act Of March 30th, 1871, subject
TO errors and delinqnenis,....... ei,ei575
Under the act known as the Oyster
law, during the two years It has
been In operation, after deducting
all expenses II has Melted revenue
TO the amount ol..........:........ sIg9o55
Under the act Of Congress, donating
lands to the several States for the
purpose Of establishing Agricul-
tural and Mechanical Colleges, /
have the honor 10 report that all
of the 10000 acres apportoned TO
this State has been sold for the
sum of $4,000, which has been re-
ceiyed and Invested in Delaware
State bonds TO the amount Of. $50 zoo. 90
The interest on the same being paid
seml-annually to the Treasurer Of the
Board Of Trustees of Delaware College.
There has been received TO August
last from sources, the income from
which 10 appropriated to the sup
port OF free schools the sum Of, $50, 7O3 90
And the same distributed among the
school districts entitled to receive II.
There il In the hands of State Col
| lectors balance on their dupli-
Gates, subject 10 errors and com
missions, under the Revenue act
| Of April Sth, 1859, creating State
assessors and collectors, which has
since been repealed, except ns to
| duplicates In the hands Of collect.
ora' amounting to...............+.. ea,3lb1l
The same would have been collected and
the collectors discharged but for inluuc-
tions sued out of the Count of Chancery
/ upon myself and collectors, and until a
decree is rendered by the Chuncel or all
/ operations under that act cease.
] am happy TO inform your eXcelency
| that all the railroad companies in the State
are now prompt In the payment of the
taxes due from them, except the Junction
and Breakwater, Kent and Queen Anne,
Wilmington and Reading, and the VIII
lmlngtOn and western, The latter, how
ever, has been In operation but few
months. As the delinquent railroads have
made no return OF shares of stock. of net
earnings, aud of passengers transported
! am unable TO ascertain the amount OF
their Indebtedness.
OF the outstanding bonds of the State.
sl60,OOO viii mature January 1T, 1873.
and for their redeIn9 iOL at maturity FRO
! vision should be made The bnlnncp az
the outstanding bonds viii not he due until
January, 1855, except S352, 600 loaned To-
the Junction and Blenkwater Railroad
Company, which will be due January,
1880.
There has been received since Jauuaiy v
18th, 1871, the date of my settlement,
under the various acts to raise revenue
and from other fuurc, s, belonging to the
| nnnnrnl rnnI- NJ fn.lu.us vi, -.