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Report of the Comptroller, 1852
Volume 196, Page 19   View pdf image (33K)
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COMPTROLLER'S REPORT. 19
sink into the Treasury, from which it could not be drawn in the
absence of an appropriation by law. The attention of the Gen-
eral Assembly is respectfully invited to this subject, with the
suggestion, that embarrassments growing out of the state of
things above mentioned, may be for the future, effectually re-
moved, either by a law requiring the entire interest upon these
bonds to be paid directly to the Treasury, or a modification of
the Act which authorises their conversion.
Statement No. 16 will also show the amount received from
the Baltimore and Susqaehanna Railroad Company, for interest
on that portion of the Public Debt contracted for its benefit; and
although, within the fiscal year, but $60,000 was paid by that
Company, $24,692.04 less than the receipts of the preceding
year, it is proper to state that an additional payment of $25,000
was made in the past month; leaving still a deficiency of
$27,922.73 on account of the accruing interest of the year.
The receipts from the Susqnehanna and Tide Water Canal
Companies, for interest, amounted to $66,600, less than was paid
by these Companies in the fiscal year ended on the 1st Decem-
ber, 1851, by $900.
The report of "The Funds," presents in detail the several
items composing the "School Fund," consisting of Bank
Bonus, Dividends on Bank Stock standing to the credit
of the several Counties, and Surplus Revenue, together with
the disbursements thereof for the education of the indigent blind,
and among the Counties according to their several proportions;
from which it will appear that the total receipts for the year
amounted to $84,858.86—the total disbursements to $64,331.37,
and leaving a balance at the close of the year, to the credit of that
fund of $20,527.49. Statement L sets forth the amount of
that portion of the School Fund which consists of Bank Stock
and cash belonging to the several Counties. The report of "The
Funds" also shows the receipts and disbursements on account of
the Sinking Fund during the past year, including the increment
of the Fund itself and the amount of general revenues of
the Treasury passed to its credit and expended for its
benefit. For the character and the several amounts of the Stocks
standing to the credit of the Sinking Fond, and those Stocks
purchased for it, or redeemed and carried to its credit, together
with the rate at which they were respectively parchas-
ed, reference is made to Statement M. An exami-

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Report of the Comptroller, 1852
Volume 196, Page 19   View pdf image (33K)
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