The Penn's Grove record., 1903-01-02


State School superintendent Baxter has
submitted his annual reportto the Gov
ernor. For repairs and erection Of school
buildings the sum expended was $780,
7O4.22 less than last year, the total
amount being SOLE, 1862 This decrease
was due to the scare created among finan-
cial houses Of taking New Jersey school
bonds, on account Of the constitutionality
Of the General School law being question
ed by their legal advisers. The seating
capacity Of the schools is 328, 063, while
the enrolment is 1886, 664. He assumes
that the number enrolled, yet deprived
Of seats, does not represent all those who
desired school accommodations.
Despite. this drawback, there were
these increases during the year: Thirty
nine buildings, an increased valuation Of
$50, 1922; an increase Of 1926 in seating
capacity, an increase Of $827, 500. "a in the
amount appropriated from the State fund,
$283, 299.17 in the amount of district
school tax, $206, 2S9. 20 in the amount
paid for teachers salaries, 37 in the
number of teachers employed, $3.50 in
the amount expended for school libra
ries, 3348 in the number of pupils en-
rolled in the kindergarten schools, and
of three days in the average time the
schools were kept open.
The total expenses for the schools were
6,O05, 553. IS, an increase of 1912, O13. 70
over last year, making the average cost
of tuition per pupil enrolled $17. 83, an
increase Of $1.O9 over the preceding year.
The teachers salaries averaged $543.8 80,
an increase of IS cents over the preceding
year. The State Superintendent urges an
increase in the school year to about ten
months.
TAXES ON CORPORATIONS.
The annual report of the State Board
OF Assessors has been submitted to Gov
ernor Murphy. It shows assessments
levied against railroad and canal COM
panies, as well as those levied against in
dustrial and miscellaneous corporations.
The tax on assessments levied against
the industrial and miscellaneous orpora-
tions for the year amounted to 1885,
l87. 76, and already nearly 49, 900, 900 of
the taxes have been paid into the State
Treasury. The increase in the number
of corporations assessed for the year was
1875 over the previous year, and the in
crease in the amount of tax assessed over
the previous year was $569, 500. OF.
The number of taxable corporations
has steadily increased from 619, in 1884,
to 8056, in 1902, this latter figure being
exclusive of about 800 corporations SUBJ
ject to tax under the provisions of the
Voorhees, Franchise Act of 1900, and
being also exclusive of the great number
of corporations that are exempt from
State tax by reason of being engaged in
manufacturing or mining carried on
within the State Of New Jersey. There
are, in fact, about Is, 900 existing corpora
tons carried by the State Board of ASS
essors.
As a result Of assessments levied by
this Board there has been paid into the
State Treasury during the fiscal year just
ended, or account of miscellaneous cor
poration taxes for 1902, the sum of ST.
791, 079. II, and for the amount of taxes
levied in previous years the sum of $177,-
1884, &c.
The total payments amount to 81, $685.
208 81, exclusive OF the sum of $685.
227.35 received by the Secretary of State
and paid into the State Treasury for in
corporation and reinstatement fees.
The total receipts from miscellaneous
corporations during the fiscal year were
$2,53S, AS. ", an increase over the last
fiscal year of $346, OO1. SO.
The capital stock and bonded debt of
the railroads in New Jersey are reported
to be as follows: Capital stock, $l51, 49,
1913; bonded debt. $l76, 500. $40; total,
1857, 955, 79S. This is an increase in the
capital stock and bonded debt of $11S,-
$50 over the previous year.