Milford chronicle., 1885-01-16


Delaware, Maryland aud Virginia
/ Railroad .......................... 100000
5, One thousand two hundred and sew
!. enty shares Of Farmers Bank stock
II at atssO............................... ss.75oC
e Twenty shares Of National Bank Of
I Delaware at S465. $4,000
The State also has Investments 70
Il the benefit of the free schools, as fol
? lows:
l. Five thousand shares Farmers Bank
! stock, at S36........................ SlS0,OO00
u Two thousand four hundred and
It thirty-nine shares Farmers Bank
,. stock, at S5O...... .......-...... i2l,9J00
One hundred and fourteen shares
!, Smyrna Bank Stock, at s5O........ $1,000
Thirty-seven shares National Bank Of
Delaware stock, at s4s5........... 17,sO5.O
L Two hundred and ffty-fonr shares
Union National Bank stock, at S36 80 0,14LO
School Fund bond.................... 1856, ,75OO
4 Loan to Sussex county. 5000 0,
Total. .... .................Sl, ,i6s, ,799OC
Total debt after January 1st 1885 ... sO,75OO.
Assets in excess Of Indebtedness. S32:, 1890
It will be seen that our assets are
greater than our rindebtedne ess. and that
if our total debt was deducted from
our total assets it would leave our-ge-
sets in excess Of our DER ss50 90 with
prospective pros receipts on January lst,
= 1855, as follows:
Interest from Delaware, Maryland and
Virginia Railroad ad.................... S12,OOOOO
Interest on investment for benefit Of
General Fund. -. ............... 2aaa5o
Interest on investment for benefit Of
School Fund. d...................... 14.09l5O
Tax from Philadelphia. Wilmington
and Baltimore Railroad. ............. 6,55O 90
Due from state Superintendent OF Free
Schools ols....................... 4.76i 80
Total amount OF prospective receipts
January lst, 1885,. .......... S4O,735.S .S3
Whilst reporting this matter it
might be well to add that under an
act of the General Assembly passed at
Dover, April 14th, 1881 L have paid out
for school books the sum of $4,O527l,
and have received back into the treas
ury for the same the sum of 81 800,
which leaves in the hands of the State
superintendent for books. invested a
shig due the State of 4,76LSS.
s1 are The receiT6s Of this departing f.i-swo
January 18th, 1884, d - rgt-S' ''r,''Ts'
settlement with the Legislative Com
mittee under the various acts to raise
revenue,and from all other sources be-
longing to the general fund have
amounted to the sum of $l2S, ,s28.9S, as
follows:
From Clerk OF the Peace of New Castle
county for licenses issued less the
amount Of School Fund ............. sss,aGos7
/ From Clerk OF the Peace OF Kent county
for licenses issued. less amount Of
School fund nd........................... 7,539si
! From Clerk Of the Peace of Sussex
county for licenses Issued, less amount
Of school Fund. d........... ........... 5,477.sO
Quarterly tax from Philadelphia, Will
mington and Baltimore Railroad. .... 27,OOO0O
Capitation tax from Philadelphia, Will
mington ard Baltimore Railroad. .... 100000
Capitation tax Of other railroads. 95O.4G
Dividends from banks ................ 3O67.OO
Tax on bank shares. ................ 1890
Interest from Delaware, Maryland and
Virginia Railroad ................... 100000
Tax from fire insurance companies,
less School Fund. ................ 1900 |
Inheritance tax from Register and Re-
coider. ........ ......... l,338.23
Secretary Of State for fees. es............. 1,245OO
Tax on brandy. ........ ................ 1925 /
State Superintendent Of Free Schools. 10000 /
Total amouat Of receipts ......... S123 ,S28 90 |
There has been disbursed from the
general fund since January 18th, 1884,
the date Ofmy last settlement, to pay
the interest on the public debt, to re-
deem bonds, and to pay the necessary
expenses of State government, the sum
OfSl27, ,5lS.43, as follows:
Executive. 100000
Judiciary ................ ............... 1162LS9
Salaries Of other State officers .......... 74395O
Repenishing Library .......... ..... 63O50
Legislative committee and allowances 3,34L20
Interest on State bonds and bonds re-
deemed. ..... ......................... 100000
Interest on school fund bonds s.......... 9.405.OO
Interest on debt TO Delaware College,. 1880 90
Chancellors reports..... ...... ...... 10000 {
Printing and binding for 1S5t... ....... 4,O5992
Board OF Health. h........................ 5000
Fish Commissioners. ............ 1880 [
General appropriation. ... 10000 ,
Generals salary. 2OO.OO
Appropriation to free schools. ... 25OOOOO
Appropriation to colOred schools. s........ 100000
School books. 4,O5s.1
immigration commissioners. ........... 6JOO0 {
Express bill..... ...................... SOS5
Total amount Of disbursement. ..... Sl27, 7,5is4S ]
Amount received for the benefit of
free schools up to August last,Or at the {
time of the distribution, was S69, 1895, l
and was distributed to the different T
as follows: T
70 New Castle eounty................. S2e047.S5 s
10 Kent county y............. ...... 80. 20Oi0.s4
70 Sussex county. ty...................... 2s,OG1.O6
lo soo140.a5 :
The amOuntG al. ed since the distri- y
,utiOu in August last, for the benefit
# free schools, is Sl7, 4S9 25, and a por- .
ion of the same has been disbursed as :
ollOws: To the Pennsylvania Insti- :
ute for the Deaf and Dumb, for board :
md tuition, etc., Ss49.1l. Leaving :
let balance in the treasury for the ben =
ht of free schools of SIG, ,64O.14. :
SINKING FUND. 81
Under the sinking fund, or what is b
more generally known as the oyster Q
aw there has been received during the O.
ear 1884, $4,s2s 74.There has been dis "
ursed for repairs on boats, commits S.
ions, ETC., S4.915O9, showing the
mount of the disbursements over re-
eipts to be SS6.35. deem it my duty
D call your attention to the fact that pl
n the first day of July 1856, of the out J..