The times. [volume] (Richmond, Va.) 1890-1903, 1893-10-25
siso.9g3 20
3aWbl o.
on Sss3f .sSi. 20 ................... tlHb'
Two per cent. on sis.25e.0O0... @,a
e55i,a3 90

- ls.fNl
Two per cent. on sis.S5e.0Oo... 3sa'00 o.
Total 49,. .............. e55i,93 %
Tho amount Of ;sx-recoiyabie coupons ont
standing IS estimated TO DO tl,0 0.Vgl. AFTER Al
lowing for those coupons which have Ieen
ten cred for taxes. but not yet presented Tor
payment.
Literary Fund.
The following Is the annual report OF the
condition OF the Literary Fund:
Investments in per cent. per annum
registered bonds issued under acts OF teo-
rusry IA, 1882, and November 70. 1884;
Issu a September q, 1885,. in fund.-
ing bonds standing in the name 49, -,
81 the iund.s... ......-.-s.sss eAfVo'f~-' -
Purchased out Of Literary and
fine escheated property. and
proceeds OF tine payment OF
bonds Of the Richmond and
Danvile Railroad Company, 90.
held by tho fund........"...... S3''WJ W
TesisteT o bos sasia pe' o. s1nqs27 2s
There il also hell by the Fund &C
per cent registered bond OF the
c Is Of acknowledgements. <OJ W
An Ingtoo P Collage Sg"'' 'oaH 1000 %
Making an available fund
of...,.'...................'' S''s@I''~' -
Sinking Fund.
The following is statement Of the SINK
ing Fund du ing tho last fiscal year;
In the report Of the Second Auditor 10 the
Legislature october j, lS5 II was ttated
that the state bonds held Dy the nlhkhg
Fund up to that period had been cancelled
and filed IN the treasury IN compliance Win
the act Of March - 1919. ..... ~,
Their amount......... fJ'9iIe<V %
And that the cancellation OF the
bonds carried with 1t the can
collation. OF the interest on
kthem. so that no provision WAS
required for the payment OF the
The West Virginia certificates
held by the Sinking FuBI are
not required 70 he cancelled,
aud amount INCLUDING nom
interest certificate Tor $1,000 to s2,0264}9 AZ
Since the said report OF October !. 1893,
the Legislature has passed acts March Is
and August % 1884. - authorizing the Com
missiOners Of tho Sinking Fund 10 apply
monthly sum not exceeding 500 600 for
the purchase of per cent. per annum
bonds issued under the act OF February H.
1882. If such sum. or any part thereof, IN
their opinion. could be spared from the
treasury, after making ample allowance for
all the expenses OF government and OF the
public schools. and for tho payment of in
terest upon the per cent bonds issued
under act of February IA. 1882; by acts OF
March q, 1886, and March B. 1899, the sum
so authorized 10 be applied WAS reduced 10
$4,000. and under the latter act no pro-
vision is made for the purchase of bonds
subsequent to April 1883, out OF the eur
plus in the treasury.
Under the provisions OF these acts the
commissioners purchased Of these bonds
1851. % $3.50. at M average rate of $3.50 per
cent. for the sum o. Sl,35s, 085.53, and
under the provisions OF the act of February
20, 1872. section TO- they have been can
eelled and preserved in the Office OF the
Treasurer of the Commonwealth.
No interest has been paid on these bonds
since September 2, 1856.
West Virginia Certificates.
The debt-principal and inter-
est-July ], 1871. as reported by
the Second Auditor September
30, 1872, was ............ ...... S45,7l9Iie %
OF which there was set aside as
West NIrginia's proportion. i5,239,370 "a