The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-06-02
STATE PROPERTY TAXED.
Financiers Adjust An Old Error
Bank Balances-Peterson's
Hard Task.

The Finance Commissioners. after eau
cusslng for more than an hour this morn
ing, emerged from their private office
and settled down to business in the AL
dermanic cham Der. Commissioner Peter
son. who has been and Is engaged in in
vestigatlng the old payrolls and an inn
mehse batch of claims from the office of
the Board of Street and Water Commits
sioners, was still unable to make report
as chairman of the Committee on Resolu-
tions. Mr.. Peterson's report will prob
ably be replete with partisan ammu-
milton. He is a Republican.
Perhaps the most important business
transacted by the Commissioners today
was the strengthening out Of difficulties
Incident to certain sales under the Mar
tin Tax act"
QUITE A MUDDLE.
1t appears that on November 3, 1873,
Samuel G. Nelson and his wife mort
gagged to the State Sinking Fund Com
mssioners lots 13 to "a, 90 to 80, 45 to so,
So, 54, 80, 60, 62, 60 and Ga in block 800, on
Irving and Poplar streets, to secure the
payment of $4,000 and interest. On
August 81, 1881, the Sinking Fund Conl-
missioners acquired title to the property
under a foreclosure. The property thus
belonging to the State was not subject to
taxation or assessment.
By mistake, however. the local assessors
have taxed the property since 1879. The
taxes were not paid. and in due time the
liens were adjusted. and under the Mar
tin act" the property was sold. Accord
ingly, this morning City Clerk Scott was
directed to cancel the records of all the
sales. Lots 45 to so were adjusted at
S291.60 and sold to G. Humbrock for
S309.43. A warrant was ordered drawn in
favor of Mir. Humbrock for S309.43 and
interest at per cent from the date of his
purchase, which was October 10, 1890.
Lots So and 81 were sold to Henry A.
Gaede for 5000.
Lots SO and 60 were sold to d. E. Cleary
and John Edelstein for $10530.
Lots 62, 63 and 64 were sold to John
Edelstein and D. E. Cleary for S156.72.
Lots 10 to "a were sold to the city for
s71s 23; also lots 20 to 80 for $242 09.
In each case the money paid by the pur-
chaser was returned with interest at six
per cent, and all certificates of sale were
ordered cancelled. City Collector O'Neill
was directed to cancel all taxes imposed
on the property, and Corporation Counsel
Edwards was directed to prepare me-
mortal to the State Treasurer reciting the
above facts and requesting the payment
of S5l4 to the city, which is the pro rata
of the amount expended for the improve
ment Of Irving street from Central to
Nelson avenues.
City Treasurer Cleveland submitted, as
is customary, a report of the balances in
the various banks under certain &C
counts.
In the Second National is found $75..
36S97 on general account; $2l ,991.7S on
water account; S4.93, special school
So, ,437. 81, adjusted liens; SIT. 200. So
special general; s7,753 62 sidewalk; 50, 800
| bond account. Total, $3.50, 752. Al.
Third National, on general account.
S107, 1885 .3S; special street. S106 80. Total
S10T, ,442. 80
EHudson County National. general ac-
count $92. 95l ID; water S42, 1860. 70; assess
ment, sos, ,62S.64; special street, 500 So
special water. $4,000 Total. s242 Sl6.42.
The report was ordered filed.
A warrant ordering paid to Theodore
Smith $966.224, the amount recovered on
judgment for work on the fire engines,
was ordered drawn, and $500 was appro'
priated to the Adjustment Commissioners
for current expenses.
The only resolution of concurrence ap.
proved of the purchase of a ten-inch
water meter by the Street and Water
Commissioners.