The times. [volume] (Richmond, Va.) 1890-1903, 1900-11-22
OF TIE
SECOND AUDITOR L
Interesting Statement Of the
Workings Of the
Office.

The annual report Of the late josiah
Py]and. Jr.. as Second Auditor OF v .
r;nia for the fisca! year ending September
~ 1860. has been printed ana placeo ~
tha hands Of the Governor
,-ba renort shows that tie pubic dept
so,tsn,her 80, 1900, was distributed as fol-
lows: o ,ccn
81, 2S9, s6201
Amount cancelled, s602, 721.25-
Amount cancelled previously, 500. o.o,eo
Total amount outstanding, ISIS, oo41o
Bonds, 9. per cent. tacts OF 1917 anu
amendments). s1S,G10, 520.61.
Amount cancelled, $3,95i.26.
Total amount outstanding, s1S,007, 1863. H.
Principal and interest outstanding when
has not been funded u!ider the acts OF
February Ii, 1882, or February 20, 1872:
Amount of bonds and certificates out
standing October 1, 1900, issued under acts
passed prior to February II, 1852 tuntunded
bonds reduced one-third for West Viz
gna's portion), 1874, t11.36.
Amount of interest outstanding due 10
and including July /, 1891 exclusive OF
any interest that may be unpaid on bonds
issued under acts of February II, 49,
ana February 90. 1892, s1,41s, o96.1s
There is held by the United States, N
trust for certain Indian tribes. bonds OF
the State of Virginia. which, with inter-
est to July /, 1891, amount TO Sl.4so,eis'
two-tfirtls OF which-viz.. sS3',lls-6'-de-
Quoted from the above amount OF S2,lo2,-
50..55
Leaving 81, ,3SS.SS.
The total amount OF interest paid on
bonds issued under acts and amendments
OF february H. 1882 November %, 1884, Feb
ruary 90 1892, those held by colleges and
Dawson fund, and coupons, recelV-d on
judgment for taxes was S6S3,S669S
Balance in treasury on account OF IN
tersst on public debt, October 1, 1Soo-slo,-
SSi.4&
LITERARY FUND.
Investment in State bonds issued under
acts of February II. 1852. February ~, 49,
and the amendments there.to:
Issued September 81 1885. IN funding
bonds standing in the name OF this fund,
per cent. bonds, Sl,0Si,22l.2S.
Purchased out of Literary fund fines, es-
cheated property, and the proceeds of the
payments of the Richmond and Danville
Railroad Company, held by the fund,
per cent. bonds S346, 10000.
Purchased out OF thu proceeds of a loan
OF $1,000 paid by Washington and Lee Uni
versity and from the proceeds Of a regis
tered bond of 500, of til5 city of Richmond,
and from a balance of S+1.25 Of Literary
January l. 1896, per cent bonds. 100000.
PURCHASED out of Literary fund fines, .
per. cent. bonds, s244, 10000.
= Making OF State bonds, I,61S 1EI2S.
Annual interest accruing on above fund
and paid to the public schools, si7,S11.S2
SINKING FUND.
Total amount of bonds now held by the
Sinking Fund, s6o5,9o2.eo, making in ali
S521 900 bonds under act Of February Goth.
1892. at 8; cost of $3.50, 1920 and $4,000
under act of February 14th, 1882. at a cost
of $40, G13 10. and total Of 1915, 0OO.0o at a
cost of $605,902.60, which bonds have ben
converted into registered bonds in the
name of the Commissioner OF the Sinking
Fund of Virginia, and filed in the Treas
ury.
WEST VIRGINIA CERTIFICATES.
The debt-principal and interest-July
list, 1871. as reported by the Second Audi
tor. September Goth, 1872. was $40. us 112 81
OF which there was set aside as West Vir-
sinia s, proportion, S15. 239,3 sort
INTERNAL IMPROVEMENT FUND
There has been received from turnpike
companies on account of dividends declared
by the companies on stock in the compa-
MES held by the State, placed in the Treas
ury, to the credit of the Internal Improve
ment Fund subject to the order of the
Board of Public Works. aggrega ting 81
1890: interest on bank deposit, S11.75;
amount turned over to Commissioners of
the Sinking Fund under act Of March 9Th
1891 s.. 529.
The report is a lengthy ore. and gives
in detail all the minute transact of the
Office during the past fiscal year The
public debt and the many other intricate
matters which came directly under the
control of this office were admirably
managed by Mr.. Ryland. as an examina-
ton OF his last annual report will show