The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-12-17

Total. 800. :. -. $1,000
Further referring to the investment of
the permanent school fund, will state
that during the years 1857, 1853 and 1859
the state of Texas loaned to the Houston
and Texas Central Railway company,
the Washington County Railway compa-
ny and the Buffalo Bayou, Brazos and
Colorado Railway company, in specie and
United States bonds, the sum of 1896, 600. .
which amount belonged to the permanent
school fund.
Up to May, 1894, the state had received
from these loans in principal and interest
the sum of $2,19S553.14.
Prior to that date, the Washington
County Railway company was merged
into the Houston and Texas Central Rail
way company. which last named COM
pany assumed the debt of the former.
The Buffalo Bayou, Brazos and Colorado
Railway company has, also been pur-
chased by the Galveston, Harrisburg and
San Antonio Railway company, which
company assumed the debt due by the
former to the state.
Texas Central and Galveston, Harrisburg
and San Antonio Railway company re-
fused to pay further upon this indebted
ness, claiming that it had all been liqui
dated. This claim was based upon the
fact that some of the payments were
made in state treasury warrants issued
during the war, it being claimed by said
roads that they had right to use said
warrants in making these payments
Suits were brought by the attorney gen
eral against said roads for the amounts
claimed by the state to be due on ac-
count OF the payments made Ia state
treasury warrants
On February 20, 1896, judgment was
obtained against the Houston and Texas
Central Railroad company in the district
court of Travis county for $673, 109.56.
which was the amount found to he due
on account of its own loan and the loan
to the Washington County Railway COM
pany. Judgment was also rendered by
said court against the Galveston. Har-
risburg and San Antonio Railroad COM
pany for SAL, 567.5S, this amount found
to be due by said road on account of the
Buffalo Bayou, Brazos and Colorado Rail
road company. Said judgments aggre-
gated 81, 120,677.14.
From these judgments the defendant
roads have appealed and the cases arc
now pending in the court of civil appeals
at Austin.
OCCUPATION TAXES COLLECTED.
The main differences are in the follow
ing:
fIiGr,r increase iease::0 :" $1'5s9 60
Merchants, all classes. :. 1858 80
Insurance agents new taxi :. 1884 %
Total. :. 500. .... .$3s,oo5 or
TAXES MADE PAYABLE BY LAW
TO THE COMPTROLLER.
Accounts or moneys collected which, by
law, are made payable to the comptroller,
being summarized, class as follows:
From non-residents in organ
| lied counties. :. :. -. .S110,652 9J
| From non-residents in unor-
ganized counties. :. -. 59,26S IS
Railroad, stage coach, steam
boat, passenger tax, etc.. 1925 63
Total collections. 500. .$226,176 76
TAXABLE VALUES.
The summary of my report shows the
entire property assessed in the state,
compared with the assessment fro 1896
1t will be observed that there is a de-
crease Of 2,771, 1926 acres of land, of the
value of $S,7SS,303, which Is caused by
the elimination of erroneous assessments
heretofore carried on the rolls and for
FIXTURES of school lands to the state.
The average value of land remains the
same as last year, 49, 10 per acre. Town
and city property has increased in value
| 1852, 456. i7a
Horses and mules have increased in
number 43,213, but show decrease in
I ICnntinuod On Styfh pa~o\