Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1882-01-04
COURT REPORTS.

COUNTY CoURT.-The quarterly term of
he County Court re-assembled yesterday
morning, Judge A. 7. Cottrell, chairman,
presiding, and resumed the
The annual report of Chairman A. I, Cot
rel was read by Clerk Lewis, and is as fol-
ows:
To the W0rshfpful County Court Of K1s0r
County, assembled, January term, 1882:
Gentlemen Three years ago to-day you
did me the first honor by placing me IN this
chair, which was renewed for three success
sive years, by which it became my duty, as
financial agent to the county to report the
financial condition of the county each year.
Therefore, I now present to you my third
annual report, showing the condition OF the
county up to the LIST of January, 1882 1t
is, therefore, nay duty first, to show the IN
debtedness of the county, which shall do
in the following words and figures:
The bonded indebtedness of he county is
as follows:
Railroad bonds, bearing 6 per
cent interest, as per last report
acknowledgements. lol, ZUo w
During the year we have taken
up bonds in amount. ............ IL, 800 W
Leaving a total of outstanding
bonds ........................... 14O, 800 90
Bridge bonds bearing s per
cent interest, as per last re-
port, Observation-Disclosures. 100, 900 90
But these bonds are nearly all
funded at 6 per cent. ---------
Giving q total bonded indebted
e Of
The interest on these bonds will soon be
paid promptly.
The interest on the railroad bonds is paid
promptly every year.
now desiresto state in this report the ac-
ton taken in regard to funding the bridge
bonds.
KNOX COUNTY BRIDGE BONDS.
In accordance with an order of this court al
the July and October terms, there has been
prepared and issued one hundred and sixty
thousand dollars of new SIX per cent. county
bonds, dated October LIST, 1884, interest pay,
able April and October, at the Office of the
trustee of said county. Said bonds run the
following dates to maturity:
LIST series, 5 years, Oct. l, 1881, of
800 bonds. ....... .................... $40 OO(
I'd series, 10 years, Oct. l, 1881, of
500 bonds. .......... .................. 10000
Sd series, Is years. Oct. l, 1881, of
$500 bonds ACKNOWLEDGEMENTS. 10000
4th series, 20years, Oct. 1, 1851, of
S5OU bonds. ............................ Zo.ou'
5th series, % years, Oct. l, 1881, of
$500 bonds. ACKNOWLEDGEMENTS. O,OU'
| 9th series, 80 years, Oct. l, 1881, OF
$500 bonds. ........................... 20, oO'
/ |
$500 bonds. OBSERVATION-DISCLOSURES. 2O,00t
8th series, 40 years, Oct. l, 1881, of
$500 bonds. 90, 90,
Total new per cent bonds. 5 100, OO
Said bonds being issued for exchange ant
sale to redeem the same amount Of bond
| bearing per cent. interest, known as tn
bridge bonds. By this operation the count
will save the sum Of thirty. two hundre
dollars per year, which if invested wi
iquidate the principal before the maturit
of said bonds.
The court having appointed John S. Va
Glider, President of the Merchants Banl
to make the negotiation and consumate til
object sought for, I am prepared to say
has been quite successful thus far III accom-
plishing the object SO much desired.
bridge bonds, and cancelled the same, IL
sum of one hundred and forty tho
sand and five hundred dollars, S141, 81
Of which amount exchanges have
been made for the new 6 per
cent. bonds. ACKNOWLEDGEMENTS. $Sl W
And cash has been paid as part in
interest for ACKNOWLEDGEMENTS. 6O, 81
$141, 81
Leaving still remaining Of old out
of bridges. ...........,................ Is,
$1,000
Which balance, by the negotiation goil
on with different holders, will soon be a
complished in part. The remaining ne
bends can be sold. For q more d
tailed account, reference is made TO the 1
port of Mr.. Van Glider.
The county has, by way Of assets,
, fourteen bonds of the State Of
Tennessee. ACKNOWLEDGEMENTS. SILL
Thirty eight shares Knoxville Land
Company ............ 80
Knoxville and Ohio Railroad stock 1905
Eleven shares Kingston Turnpike
| Company. .-.,.-...--....
r Total amount of bonds and stock. 1850
Notes on different parties, about. 60
Land redemptions on suretles of
II. L. W Mynatt, about. so
f One lot in Knoxville about. 4
: Total amount of assets................ 127, 4
Total Indebtedness Of the county. SIP, s
> The county has other properties viii
: have been sold and bid in by her, for tax
: which we are now looking after, and "
d probably realize something from them.
q The several clerks have reported to ]
the amount of revenue collected by tn.
during the year, viz:
J. L. J. Lewis, clerk of the County Cou
county revenue, So, us, 46; railroad, s
914. so; school, 81, 936, 81 bridge, 1913
Is on old warrants, $52.42
|. NJ. L. Patterson, Clerk and Mast
/ county revenue, @137.7.
G.. L. Maloney, Clerk Criminal Cor
~ county revenue, $194.61; school, So.
Is railroad, SIS. 10.
N E. W. Adkins, Clerk Circuit Cor
+ county revenue, S56.06; railroad, $31.(
, school, S61.S8.
= I have collected during the year,
a. notes, land sales, and work-house DO
es 81, sos. 35.
n Turned over of this amount to W.
Swan. fer which / have his recieI
IT, S1,994.35,
L. TO clerk and master, for which ] have
V, receipt, S4s1.
40 To d. D. Anderson, attorney-gen-
eral, fees on causes, ............... $50
Ae for which 1 have his RECEIPT.
h To J. N. King, for writing two
On deeds .............................. III
Total paid over. ,505
I have issued during the year
u 1870, warrants on the Trustee to
~ the amount of......................3 80, 297
- The clerk has issued warrants to
er- the amount of ....................... 3,47C
lly Total disbursements .............. Ss35, 761
nd These warrants will all be paid W
~ presented.
y A very large amount of these warrants
for costs that originated in the courts
which the clerk has no account, and
at - r -. l;oro,.o,,o1, ~, =,