Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1886-10-09
purchase price and in not expending

| tension. III June, 1901, GOVernO
Fletcher took possession of the roat
and appointed General Clinton B. Fisl
as agent to operate the same until i
should be otherwise disposed Of bv tn,
general assembly. BY the act of Marct
II, 1868, the southwest branch, will
all its rolling stock, appurtenances an(
franchises, was declared to be forfeited
by General Fremont and the title there
to became vested in the state. Th,
second section OF said act granted the
road and all its franchises in tee simple
to A. q kingsland &c Son, g. d
Cragin, Freeman Clarke, Andrew
| Pierce, James Harrison and their as
| sOciates on certain conditions. amOns
which were the following: That said
grantees and their associates should or
game as body corporate to be known
as the ''South Pacifice Railroad Com
panv." That said South Pacific rail-
road company should expend not less
than S50O,O in extending said road
within one year after accepting said
grant. That the road should be COM
pleted to Lebanon within two years, to
Springfield within three years and six
months and to the western boundary
line of the state in Newton county by
the 10th of June, 1872.
These conditions having been COM
piled with, the state released its claim
upon the road, having received from its
sale only 1925 900.
The total amount realized from the
sale of the Platte county railroad was
$4,000 but at various times interest
on deferred payments was paid amount
ing to Sll4 $50, SO that including first
payment and interest the amount re-
ceived was $214,SSO. The principal of
the bonds issued to defaulting railroad
companies and the accumulated inter-
est thereon, up to date of sale or when
the state released its lien, amounted to
$3l ,735 $40. OF course after sale the
assumption by the state and the pay
ment OF both principal and interest fol-
lowed as result of the contrac: or
laws under which the bonds were
issued.
STATE, COUNTY AND TOWNSHIP SCHOOL
FUNDS.
The state school fund now amounts
to So, 1921 Is, and is invested as fol-
lows:
Missouri six per ceut certificate
OF Indebtedness. .......:.. % ,9O9. 900 90
Missouri five per cent. certifi-
Gates OF Indebtedness. .. 225 900 90
Cash in the state treasury .... 27l Is
TOTAL. i........-....... 81, ,134,271 Is
For the school year ending June 80,
1850, county, township and special
public school funds aggregated &c.
1927 ,O67 SO, as follows:
Township school funds. .... 3,3Oa ,O09 As
Special public school funds .... S9.794 81
Fines, penalties and forfeitures. l52, 1892 81
Total. ...-....... .........s s6, ,S27, ,067 SO
Collections from fines and penalties
since June 30, 1885, will certainly in
crease the county school funds $780,
900, SO that now the aggregate of our
state. county, township and special
public school funds is not less than $40,
Ill, ,339.U1, which amount does not in
clude any part of the university or
seminary funds. In addition to the
interest upon state, county township
and special school funds, one fourth of
the entire state revenue tax ia annually
apporiioned among the several coun-
ties for tine maintenance of free public
schools.
The interest upon the state school
fund and one-tOurth OF the revenue so
apportioned in 1886 amounted to $780,
100 6S, the largest state apportionment
made in the history of the state.
Beside interest upon all invested
funds and one fourth of the state rev.
emu tax, there is annually levied school
taxes averaging 43 cents upon each
SlOO worth of real estate and personal
property subject to taxation, from
which sources all income is derived
enabling us to expend annually not
less than $4,250,000 for the support of
free public schools. EMPLOYED i'm
teaching these schools are II, 1884 teach
ers. The enumeration upon which the
appOrtlonment of 1886 was made shows
that within the state there are S12, ,425
persons of school age, of which num-
Der about A 300 are colored.
On January l, 1871, the state school
fund amounted TO Sl,674, 1856 7S; Jan.
uary l, 1875, S2,624,3 1854 63; January
l, 1879, 81, ,909,457 IL; January 1, 1881,
S2,9O9,192 60; January /, 1885, So
l32 ,33l 90; September /, 1886, 81, 1884,
27l Is.
In 1869 the state apportionment of
school moneys amounted to $30s,
1863 45; in 1870, S3l7,l59 80; in 1871,
S339.567 81; in 1872, $355, ,6sI 80; in
1873, S35l,S76 Al; in 1874, S41O,269 %;
in 1876, $47O,l19 SO; in 1877, $780,
S6S II; in 1882, S549, ,67l 80; in 1884,
S6O2 ,295 93; in 1855, S5s2, ,sl6 81; in
1886, S7O0,lOO 6S.
HIGHER EDUCATION.
If the state of Missouri is liberal in
her support of free public schools she
Is no less SO i'll the maintenance of
schools for higher education. The gen.
eral assembly literally provides for the
support of the state university at Col
umbia and the school of mines and
metallurgy at RolIa-appropriating in
1885 tor the university ,S62, $40, and for
the school of mines Sl5, 900. In addition
to regular biennial appropriations for
It's support the state holds as an endow-
ment tor the univerity S5l9,O95 OS,
which is invested as follows:
six per cent certificate
OF Indebtedness 81 D. 900 90
five per cent. certificates
OF lndebtedness...... 397 OOD M
Ash III sts'e treasury. 90 OS
iotai --'--.-..-.--. go. s5l9 095 OS
The interest upon this fund is annual
y applied to the maintenance of the
in addition to regular appro.
Driations tor its support,
Other appropriations are also made |
or improvement, as for instance, in |
$50 100000 was appropriated for the |
of the institution.
Ample appropriations are also made
or tie maintenance of normal schools |
md for the keeping of their buildings
Ii good condition and repair. The
normal schools at Kirksville, Warrens.
'urg and Cape Girardeau each received
It the last session $4,000 for support,
While Lincoln institute at Jefferson
jlty, state school for the education
md training of colored teachers, re-
eiyed $4,000 for maintenance, and
or its enlargement and Improvement
'9,5JO. In proportion to It's taxable
wealth and population no state pro-
ides more literally for education than
oes Missouri.
STATE CHARITIES.
For the care of the unfortunate in
ahe the state maintains Lunatic
Asylu No. l, at Fulton, and No. =, at
Il. Joseph, and for constructing third
l,ane asylum, the legislature, in 1885,
ppropriated $780, 200, which institu-
oh Is now being built at Nevada. The
tate also contributes TO the support of
ne lhdlgent insane confined in the St.
St.l.