Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1885-06-13

Total, incfdg balance In Blk andorderes22 74g q
10 the Hon. Mayor and oouneit Of The Chy Of Nor.
GENTLEMES.-I have the honor to herewith
submit my report of the finances for the wear
ending May 18th, 1850. The total receipts for
the year from all sources. including balance
from last settlement and County orders n
S22,74367. Discussed by your direction in the
baancs oa hand ses o. Leaving cash
orders amounting 10 1864. / also hold j. q
smith note for 1855 l2l8 which has credit on
II LOT ss!o =. Of the amount ON hand, we have
spring to the water-works, which will reonire
over. 81 900 90 OF the balance, leaving about
enough available funds on hand for the July
interest ON the coupons. From the foregoing
exhibit, you VIII see that our finances are in
good condition, our obligations have been all
m met promptly, and we have redeemed s3.sDQ
OF the water bonds, which consider good
showing, from tho fact that we reduced the
levy lOcts. ON the 500 20, which reduced our
revenue i'ss about $1,000 o. Gentlemen, icongrat-
uiato you on your good financial condition,
ii. T. CUsHWA, Treasurer
CLERKS REPORT.
MARTINsBURG, W. VA.
NJ, May 22d, 1881.
GENTLEMEN.--I herewith submit my report
ofmoney collected by me, land turned over 70
he TIE Treasured for the year. from May 18th
1881, 70 May 10Th, Qnclusive,) 1885:
For weighing Hay, Coal Sc.................s2797i
Measuring Wood. 1890
~ ana loot. wagon stand at NJ. House 500
Total $3.50
Very Respectfully,
CHAs. A. YouS0, Clerk.
FINANCE COMMITTEE REPORT.
MARTINsBURa, June 4th, 1885.
Hon. Mayor and Council:
GENTLEMEN Your Finance Commit
tee have to report, that they have ex-
amined the books, vouchers and reports
OF the clerk, G. A. Young, and find them
to be correct and kept In q business-like
manner. We also report upon the ex-
animation of III. Wilen) town Sergeant's
reports and statements, and having Gull
ed over the delinquent list, give him
credit for same, and the tax bills remit
ted by Council. We find said reports TO
be correct, except difference of cents,
which is in favor of the corporation. We
find that not many delinquents have been
returned for 1884. Total amount Of de-
linquents returned il S191.78 FOR years
1878, 1880, go, SO and 1884. We have re-
turned some of these bills to Sergeant for
collection, amount of which is e24.35,
taking his receipts for same. We notice
that, notwithstanding the reduction OF
our levy of 10 cents for 1884 yet, the
amount of last years collection, has
been upheld by larger revenues from
fines, licenses, water rents, and market
house. The total amount for collection
charged to the Sergeant for 1884 was
S25 ,271.57, Or. him by amount paid into
treasury, interest allowed. Rebate. com.
missions and delinquents, &C., S16s 82O46
leaving balance in his hands for col
lection Of $8,945.11 and due corporation,
which amount our committee has carried
to his account. The report of Treasurer,
we have also examined, and attest to Us
correctness this report shows clearly
the financial condition of cur corporation
affairs, that all bills, interest, &C., have
been promptly met and having made
many additions Be- water extensions AND
other Improvements, yet, we heEe goo
in Treasury for necessary 81
penses and interest accruing. This 81
speaks well and proves that when the
officers of a corporation take an interest
n its business offices, much can De
Some years ago, we had
hedCy floating debt and no sinking fund
low we have no floating debt but good
linking fund of 5000 90, which saves an
Innual interest of s195 90. We recon-
mend that the delinquent tax bills re-
eived from Sergeant, asper memoranda,
.lso tax bills RENTED by Council, Do
destroyed.
The past year has been, in business
lew, one Of depression, and this Councli
hould congratulate itself on the success
nj termination of the fiscal year, ana
We hope that the incoming Council may
10 more and make better showing tof
he next year, we are.
Yours Respectfully,
C. w. WIsEER,
THEo. BUsER, Ey,anca Gam.
JOHN GROZEGER,
j. w. McSHKRRY.