National Republican., 1875-12-03

holdsrs Of scrip representing the ssme,) property
cisircfnr Immunity from taxation and other ex-
emption By reason Of errors leaving fnll pai1nce
Of srrsars Of tax due the said District Oh sSoooo
y B5 ia above exhibit IL viii be seen that the
District Of Columbia is obliged under existing
70 sa1s iGs sd Of
Increasing BY reason OF the District becoming the
purchaser, At very moderate penalty In the mat
date Of redemption, thereby lessening TO . very
great degree the avails OF its normal revenue and
unsettlng wholly Its basis Of TAXATION, as foun-
nitely, providing sppropriatons for thesupport oil
uBy the above exhibit Of general tax sale of June
small percentage Of purchases were made by pri-
vate individuals, and o5 per centum OF these pur-
chases BY mortgages and other equitable interests
recurring defense; circumstances entirely fortui-
tous leaving the burden Of carrying large ar
resrage of tax to the government Of the District
Of Columbia, in . form q purchase only, ior tns
made, yet entered or attempted to enter into the
enjoyment or the use OF property that 1t has, for
ts itsslf single piece 50 purchased, but the pur.
chase remains in o manner conditional and op-
tionslly redeemsDle at pleasure by the owner
when some constrainine influence, other than
Such q system Of enforcing the collection OF
taxes gives license to delinquency, and adds em-
barrassment to o proper administration OF gov
ernmsnt. In a community where money can be
much more prontably invested at the present
light penalty in interest Is considered mere
trifie. Some legislation Is positively necessity
whereby tax sale purchases, emanating from 9
State, shall be made as perfect as those derived
by DEGREES from . court; but at present, owing to
the many defects Incident to tax sales, they
are SO greatly Disseminated against, and In
ducements for investments with more. liberal
protection and advantage so generally offered,
that but few II any, sales to individuals can be
made on account Of taxes.
The present mode Of advertising property for
taxes In arrears is cumbersome, laDorious ano
expensive. The numerous attempts In the courts
to invalidate and break down these tax salel
have made 1t absolutely necessary 70 minutely
describe by meter and bounds said property
scription shall be made effective by merely giving
the name OF the party in whose name the prop
Of ihe square and Of the lot or part Of lot, and
the amount Of the tax or taxes due thereon and
time for which the said taxes are due.
the current T wear, it is made the duty Of the col
lector Of taxes in said District to prepare list o.
all taxes in arrears on the 1st day Of May, 1870
same. with notice Of sale. SC. If this cumber.
come and laborious method of advertising Is to be
adhered to. It will be hardly possible to comply
with this provision Of law, allowing not even full
ten days for the actual preparation ofthis list and
the setting Of II up by the publisher within the
term Of days defined, stfordfng neither time suf
lector or correct proofreading by the said pub
Usher. Some regulation OF law should be made
forbidding any subdivision OF property being le.
galized or entered on the public record
Of the once Of the surveyor on which arrears
Of taxes exist, these subdivisions occasiontng
much difficulty In enforcing the collection OF these
arrears, especially so when certificates OF stock,
tax lien certificates, SC, bearing interest, have
been given said certificates setting forth the LOT
part Of lot so assessed and with its accrued in
sresI and @ eossS @ a. az f ,nh sa1d
tifcste was given. The present mode Of fpsymeni
oiHnstallments Of the tax levy for the yearending
So Sa
go far as an estimate can be formed, may not en-
tirely obviate this delinquency shove referred to
A quantity Of exhibits Of entries due on account
Washington and Georgetown, have been regularly
made up in this office and transmitted In due time
to the commissioners Of the sinking fund. Trans
fers said stock IN accordance with act OF Legts
lative Assembly, approved August q, 1871, have
been made whenever holders therof or the agents
have 90 demanded and an exhibit In detail
topresent moment, copy Of which Is herewith sp
The following statement is q conclss:rscapItula
tion OF said exhibits as SO rendered:
On account OF the late corporation OF Washing
ton city funded debt Amount Of transfer o.
Washington, Che esspeake and Ohio canal stock
Washington SIX per cent. water stock, sl,7SS
Washington nve per cent. stock, 81. l40; tota
amount Of transfer Of Washington city funded
On account of the corporation of Georgetown, d
o., funded debt: Amount Of transfer Of George
town six per cent. stock, S25,2I33o; amount O
transfer OF six per cent. msrket-house, y. .SS3
amount of transfer Of six per cent. bounty stock
$500: amount Of transfer OF eight per cent stock
&, COO; total amount OF transfers Of Georgetown
funded debt, ss1, $50. 90.
estimate of the amount that will be required FOL
the support Of the collectors office for the yeal
ending June 90, 1877, have the honor to submit
ihe following; Salaries, sl2,S24s 50; contingent