x
The Baltimore and Ohio Railroad Company paid into the
Treasury during the fiscal year $393,262.32, being less than
was paid during the year 1864, by the sum of’ $19,639.91.
An extra dividend was declared in that year. This company,
however, since the close of the fiscal year, has made large
payments into the Treasury.
The ability and success with which this important work has
heretofore been managed is still exhibited, even in a greater
degree.
There has been received from the Northern Central Rail
Road Company, $90,000, the annuity due the State according
to the terms of her mortgage, and also $831.52 which had
been withheld in the previous year for the payment of’ a tax
claimed by the State of Pennsylvania. The payments have
been made quarterly, and with commendable promptness.
The Susquehanna Canal Company has also paid $60000.
This sum was not equal to the current interest due from the
Company, and cost of’ exchange. There is still large arrears of
interest unsettled, The Act of’ 1865, chapter 196, authorized
the Treasurer to renew the bonds of’ this Company (which
were due on the 1st of January 1864,) for twenty years, with
the principal and interest, at the rate of six per centum, pay-
able in currency, upon the payment of all arrearages of’ in-
terest, exchange and expenses, before the 1st of July last.
The Company has totally failed to comply with this condi-
tion. The operations of this Company have been seriously
impeded by the injuries sustained from the heavy freshets of’
the last Spring.
During the fiscal year, there was received from the Inspec-
tors of Flour $3,157.06, a larger sum than was received from
this source in the year 1864. The returns of the Inspectors
have been properly made, and their transactions with this
Office very satisfactory.
The system of Grain Inspections, under the management
of the present efficient officers, is working admirably, and
although no revenue has yet been received, the indications
are that a considerable sum will be paid into the Treasury
during the current year.
The receipts from the State Tobacco Warehouses and
‘Wharves, after deducting the salaries of officers and ex-
penses, amounted to $13,171.92—less than two per centum on
seven hundred thousand dollars. The latter sum is much
below the estimated value of this PropertY. No blame is at-
tributed to the officers in charge of the Warehouses and
Wharves for this result. They have exhibited an earnest
desire to protect the interests of the State, amid their opera
|
|