Increase of the Fund. Bonds taken this year, viz: Error in last year's statement, in amount of principal extinguished by foreclosure of mortgages for lands,.. $457 40 141 92 Error in last year's statement in bonds for For sales of lands by the Attorney-General, under foreclosure of mortgages for loans, For loans of the capital of the fund,.... Other objects, viz: Investment in 5 per cent Astor stock, 1,079 63 130,540 80 Moneys received into the treasury this year, viz: For principal of bonds for lands,. ... do for loans, $151,130 41 0 00 9,000 00 9,000 00 3,000 00 $60,360 29 2,013 06 5,763 94 31,499 70 31,635 99 9,712 16 - 140,985 14 $304,115 55 Diminution of the Fund. Extinction of principal of bonds for lands, viz: By order of the Commissioners of the Land By reversion under the Surveyor-General's $69,628 84 Carried forward,.... 869,628 84 Brought forward,.... $69,628 84 .... $2,013 06 Extinction of principal of bonds for loans, viz: Extinction of principal of other objects, viz: 0 00 Of loans of 1786, by payments into the treasury,.... do. 1792, do do do do By foreclosure of mort gages bought in for State, 2,013 06 5,763 94 do $31,635 99 1,003 30 32,639 29 Moneys paid out of the treasury this year, viz: For bonds belonging to the General fund transferred to this, to discharge the amount due from that fund to the capital of this,.... For loans of the capital of the fund,. For investment in Astor stock, .. For half amount of quit-rents refunded, For consideration for escheated lands refunded,.. $130,540 80 9,000 00 2,982 66 13 48 1,162 22 143,699 16 $285,243 99 (E.) Common School Fund. This Fund consists of the following items, viz: To this fund also belong all the unappropriated lands owned by the State on the first of January, 1823, and yet remaining unsold. Estimated revenue and actual receipts on account of the revenue of the School Fund for 1833. ( F. ) Common School Fund, from 1806 to 1834. The following table exhibits the capital of the School Fund, according to the annual reports of the Comptroller, from the foundation of the fund in 1805-6 to 1834; also the annual interest or revenue derived from the fund; the amount annually apportioned from the State treasury, and the increase and decrease of the capital each year, for 28 years. The sums placed in the column of "revenue or interest," in the foregoing table, are generally estimates, prior to the year 1825; from 1825 to 1833 inclusive, the sums actually received into the treasury on account of revenue are given. The deficiencies in the annual revenue of the School fund to meet the apportionment have been paid from the General fund, and are as follows: The total amount paid from the General fund to make up deficiencies in the revenue of the School fund for the annual distribution to the schools, is $104,353.10 cents. Of this sum, $22,000 has been refunded, in compliance with laws of 1820 and 1823. The loss to the General fund by contributions to the School fund revenue, after deducting the latter sum, is $81,853.10. |