Milford chronicle., 1888-01-27

e. Ward. 1853
in Bessey, 4I5.o
t Sale of books at headqrs., IA7o.s
# ss,64o-9
IS Dr. Lewis then asked if there was II
e report from Handy, the Kent County Supe
II intendent Mr.. Boyce replied that he ha,
d received none.
n ''If lie had been attending to his duties a
h Superintendent said Mr. Lewis, ''instea,
). of teaching school in Smyrna while drawing
r salary as such Superintendent, possibly ther'
d would have been a report
a Boyce replied that he would not stand
r and hear Handy's reputation as a superin
tendent assailed, as he considered him an
efficient officer. But, " said DR.. Lewis, he
has made no report. The others, / un-
derstand, have, and have closed up their
school-book accounts Captain Daisey
took the floor and made a speech against
the committee acting in the matter Of pay
, ment Of this school book question without
explicit orders from the Legislature.
Mr.. Herbert stated to the committee that
! AAN uaAl hlANA AaA4 WtAhf ANNNANNa r@of1lb
from the 3 & o. Railroad Company as tax,
but they refused to pay any more, and he
had brought suit in the name Of the State
and procured counsel
The State, from the statement made by the
Auditor, has lost sI2 2,s49.7S by going into
the school book business, with the above
amount to be credited, aud whatever Mr.
Handy reports frem Kent county.
The report of State Treasurer Herbert for
the year ending December 81, 1887, shows
the financial condition Of the State to be ex-
cellent. At the close Of the last fiscal year
the State Treasurer had on hand, s29, ,S49.oS.
OF this amount there was applicable
to the General Fund. 49,. .....S sg57 SC
To the School Fund -.......... 1921 IS
To the Oyster Fund or Sinking Fund 1859 Il
Total........... ........... ...... s s9si9 IS
During the year the Treasurer recsiY-
ed from all sources money applica-
bic to the General Fund, including
money from the sale Of two hud-
died and hfy Zone thousand dollar
three percent, bOndsl S405, ,537 IS
Under the Oyster Law ................. 1855 "a |
For School Purposes. :......... ..... S5,6J2 76 /
Making a total Of receipts. including
amount. on hand AZ last settlement. s52S,425 CO
The Treasurer paid out during the
year, including s25O,OOO for redemp-
ton Of bonds from the General
Fund. d....... ....... ....... SS97, 1856 SO
From Oyster Fund ... ................ 400 Sc
From School FuHd 81, ,1s5 90
Total paid ont ..... .... D.. S47s, ,632 IS
Balance IN hand. ...-........ ...... 44.793 IS
or the amount in hand December 81,
1857, there was applicable to Gen
eral Fund ... .-..........S 1858 S5 !
Balance OF Oyster Fund on hand .... 6,526 s5
Balance OF School Fund. d........ ....... 2l,Gss 2s
Total on hand for all purpos ses.......S a. 79S IS
The accounts of the Treasurer and Audi I
tor were plain and give every item Of ex-
pense in so clear a manner that the COM
mittee had but little trouble to make the set d
lemeut The reports show the State to i
De we'll of financially. :
The investments held by the State for the
Use ofthe general fund amount to S6z3,o5
or use Of school fund, S495,749 total,
Il, 1857
The estimate of receipts for 1888 amounts
o S3oS ,So2.53 estimated expenditures, h
2I5 ,36I.95 balance, s93,44o.sS Among I
he items in the estimated expenditures are 1
he following Interest SsI,7S5 executive a
apartments, including salaries of executive
feers, SIo,o5o; colored schools. $4,000 >,
iilitia, including encampment, $500 due y =
II school books, 5000 school fund, Il
%, o,276.o5; appropriation to free schools, 81
$4,000. =,
The following is a summary ofthe receipts ,
II the fiscal year ended Dec. 81, 1887. 81
alance in hands late Treas S,oz7. SO I'll
rom Kent Co, and Break. m
R. R. Cos, State tax, 5000 -,
rom w. & N, R. R. 3o4. so a
-om Del. & Ches. R. R., 100. 90 dl
-om P, W. & B. RR, 40, 900. 90 ii
ON D., NJ. & VR.R, 4so 90 cc
ON Delaware K. R., 1900. 90
ON B. & o. .R.R, 10000. 90 C
ON J. & B., int on loan, 100000 Du
ON B. & F., 100000 M
ERIK of Peace. N. Castle, 4o,ose,1I
Kent, s.3oI73
Sussex, 5,S4LS6
laware State bonds, $50, ,ooo. 90 80.
rmers Bank dividends. z,oss 90 r.
laware Bank z2o. 90 pa
K on fruit brandy 2ao. So Oh
< on insurance comps, $4,000 the
e of school books, s,64o.oS
lateral inheritance tax, 37o.64 III
tilted copies Of acts, I,Iso.oo
icellaneous, 39562 thi
IA from unknown sources, 3,74G35
Total receipts S4I4sI5.z "a the
IT. Herbert showed a neatly kept set of her
ks. A comparison was made by some ,,o,
between his and those Of his immediate J''
That there was great improve ma
It goes without the saying. 1t was bel
arked that the books as kept by his pre-
sssor would not have been taken in court
yidence
ie auditors report was next in order. ter.
son mods - s,.t, ~, ~ 80 :, ,ns suai acre
ted out the miserable and meaeTe or {
pment of the Office of the state auditor. wea
,an" ,nveS',s"'s an vs. are n,Oo as ,ollo~s ~ stor
q & Virginia railroad ....... sGOOO0O +
So spp.1' psr share. Farmers D'nk stock 20 thin
lares Of National Bank or Della subs
: '''' per snare ''''''''''' -. a9Oo a Fl
ii,.............. ................ se7a,Oso pric,
sIa s5ares iss' Farnsrs InGassnI Bank stock tip
per share. ... .......... -sIsooOo Fasl
Del .i'sS, share FARMERS D'uA ''0'A at %, o,o look
,sFe' smyrna Bank stock at $50 days
res National sont ., Dei.v.,. 900 sort
ss persAare....................... per share. i7,eOs fashi
,or ea'ss sa.r. onion National BANK at o,a go IL