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'i\^< ^riENTJA VEMTA5
SENERMi ASSEMBLY OF INDIANA.
DECEIIBEB 30, 1850.
I. P. CHAPMAN, STATE PRINTER.
Annual Report of Auditor of State, - â€¢ . - .
Governor's Annual Message, . . . . Â«
Annual Report of the Treasurer of State, .... i;
Annual Report of the Secretary of State, . . Â» H
Annual Report of the Warden of tlte Stiat* PrUoot - - li
Report of the Auditor of Slate, relative to enumeration of
white male inhabitants, 17
Veto Message of Gov. Wright â€” Terre Haute and Richmond
Railroad bill, 18
Report of Superintendent of New Albany and Vincennes
Report of committee of H. R. relative to further appropria-
tions to defray ex^eitfei of ito ConvaatLon,. - â€¢ - 20]
Report of the Visiter to the State Prison,. - â€¢ - 20i
Veto Message of Gov. Wright of House Bill No. 366, (Ses-
sion of 1849-50,) 217
Report of the Superintendeati ot GbnulKMi Schools, * 225
Report of the Commissioners and Superintendent of Hos-
pital for the Insane, 233
Memorial of M. and h Railroad Company, â€¢ . - 265
Report of the State Bank, ^ .. . . . . 273
Report of the committee of Wdys and Means, ^ * 281
THE AUDITOE OF STATE
STATE OF INDIANA,
THB &BCBIFTS AND DISBURSEMENTS AT THE TREASURY DEPART-
MENT FOR THE FISCAL YEAR ENDING OCTOBER 31, 1850.
J. P. CHAPMAN, STATE PRINTER
AtTDlTOtl OF STATE'S OFFICE, )
Indianapolis, Novsxbsr 20, 1850. \
To the General Assembly:
In compliance with the law requiring the Auditor of State '' to
exhibit to the General Assembly, at its annual meeting, a complete
statement of the revenues, taxables, funds, resources, incomes, and
property of the State," as well as *' the expenditures of the preceding
fiscal year,** the following statement is respectfully submitted, show-
mg the operations of the Treasury Department for the fiscal year
ending October Slst, 1850, and the condition of the finances at said
The several items are presented under the following heads:
I. A General Statement of the Receipts and Expenditures of the
State dttring the Fiscal Year.
II. A Statement of the several Appfxpi'iaiums and of the Amount ear-
pendedf Balances unexpended^ and Appropriations overdrawn.
III. The Condition of the State Debt, Foreign and Domestic.
IV. A Statement in detail of the Receipts and Expenditures of the
various Trust Funds^ and the Funds appropriated for the Benevo-
y. Internal Improvements.
VI. General Remarks.
I. A GENERAL STATEMENT of the Receipts and Eipenditnree
doriDK the flnaacial year 1850*
Balance remaining in the Treasury at the close of
the last fiscal year, Oct 31, 1849, $428,941 19
The following sums were received during the financial
year which closed Oct. 31, 1850, to-wit:
On account of Revenue of 1843, 322 80
On account of Revenue of 1846, 557 61
On account of Revenue of 1847, 100 00
On account of Revenue of 1848, Delinquent, 35,367 17
On account of Revenue of 1849, 415,114 59
On account of Revenue of 1850, 4,102 33
On account of Revenue of 1849, Delinquent, 165 52
On account of Loans refunded. 4,730 60
On account of Sales of Land, Principal, 129 61
On account of Sales of Land, Interest, 383 91
On account of Interest on Loans, 4,230 92
On account of Costs of advertising refunded, 2 00
BANK TAX FUND.
On account of Loans refunded, 395 00
On account of Interest en Loans, 515 54
On account of State Bank Assessment, 1,073 65
SURPLUS REVENUE FUND.
On account of Loans refunded,- â€¢ â€¢ 1,282 45
On account of Interest on Loans, 515 39
On account of Loans refunded, â€¢ 1,804 89
On account of Interest on Loans, 1,488 83
On account of Damages on forfeited Lands, 19 00
On account of Sales of Saline Lands, Principal, 1^75 08
On account of Sales of Saline Lands, Interest, 311 65
CONGRESSIONAL TOWNSHIP FUND.
On account of Loans refanded, ''^^22
On account of Interest on Loans, 101 75
On account of Interest on Loans, 35 46
COMMON SCHOOL FUND.
On account of Profits of State Bank, 55,863 00
On account of Sales of Lots, 281 25
HOSPITAL FOR THE INSANE.
On account of Sales of Lots, 699 97
On account of Loan from Bank, 13,000 00
DEAF AND DUMB ASTLUM.
On account of Loan from Bank,- â€¢ : 1Â»476 50
MADISON AND INDIANAPOLIS RAIL ROAD.
On account of Dividend on Stock, 1429 50
On account of Sale of Old Prison, 709 64
On account of Rent of Prison, 10,433 28
On account of Fees refunded, 2 50
NORTHERN DIVISION OF CENTRAL CANAL.
On account of Water Rents, 2,165 74
LAWRBNCEBUROH AND INDIANAPOLIS RAIL ROAD.
On account of Loan to Company, 2,061 96
NEW ALBANY AND VINCENNES ROAD.
On account of Tolls, 12,621 97
ESTATES WITHOUT HJSUtS.
On ftecount of Estates without Heira, 200 89
On account of Sales of, 65 55
WABASH AND ERIE CANAL BY TRUSTEES.
On account of Tolls and Water Rents, 252,473 01
On account of Subsciiption by Bondholders, 407,850 00
On account of Canal Lands, L. & W. of Tippecanoe, 56^635 32
On account of Canal Lands, Vincennes District,* â€¢ â€¢ â€¢ 75,422 56
On account of Interest and Exchange, 25,1 14 81
On account of Error in Disbursements, * 553 00
On account of Canal Scrip, West of Tippecanoe,* â€¢ â€¢ 22,490 00
On account of Canal Scrip, East, Principal, 12,999 88
On account of Canal Scrip, East, Interest, 3,61 1 03
On account of Public Printing refunded, 216 00
On account of Miscellaneous Items, 100 67
On account of Suspended Debt, 50 00
On account of Insurance Tax, 116 00
Total amount of Receipts from Nov. Ist, 1849 to Oct.
31, 1850, inclusive, $1,432,442 78
Add balance in Treasury Nov. 1, 1849, 428,941 19
Grand Total of Receipts, â€¢* $1,861,383 97
There were audited during the financial year ending October 31st,
1850, the following sums, to-wit:
On account of Probate Judges, 4,796 00
On account of Supreme and Circuit Judges, 14,910 81
On account of State House, 588 71
On account of Specific Appropriations, 3,114 29
On account of Public Printing, Paper and Binding,* â€¢ 11,522 49
On accouat of Legislative Expenses, 31,010 64
On account of State Libi-ary, 964 81
On account of The Militia, ' ,539 17
On account of Stationery and Fuel, 3,453 13
On account of Executire Def)artment, 5,877 93
On account of Contingent Fund, to-wit:
To Jas. Hughes, Att'y in the McGinley case, $400 00
To Walpole & Quarles, Attorneys in the
McGinley case, 400 00
To Snml. H. Buskirk, arbitrator, 105 76
Transcript of McGinley case,- 96 50
Postage account, 272 38
Sundry allowances by Gov* Wright, 491 67
â€” â€” â€” 1,765 30
On account of Governor's Circle, 585 34
On account of Governor's House, 1,309 56
On account of TranspU of Public Arms, 79 75
On account of State's Prison, 3,606 63
On account of Distributing Laws and Journals, 551 54
On account of Interest for January and July, 188,595 00
On account of Salary and Expenses of Agency to
close of CoUins's term, 5Â»9U 37
On account of Salary of Agent, Col. May, 1,434 93
On account of Expenses of Agency, 149 66
On account of Five per cents, cancelled, 46,410 00
On account of Interest on iÂ»aineÂ» 16,150 68
On account of Six per cents, cancelled, 86,000 00
On aoooanl of Interest on same, 43,067 36
Ob aooonnt of Quarter per centau cancelled* 15?,165 00
On account of Interest on same, 303 76
Da account of Incidental Expenses of â€¢ â€¢ â€¢ â€¢ 3C1 00
On aeoount of Loans, ^ 10,074 00
On account of Interest refunded, ^ ^
Oto account of Damages on Sales of Lands,- â€¢ 278 14
Oa account of Expenses of Fund, 358 96
On account of Professors' Salaries, 3,700 00
On account of Damages, 431 08
On account of Distribution of Fund, 6,708 80
On account of Purchase of Bank Stock, 550 OO
On account of Expenses of Fund, 75 65
BANK TAX FUND.
On account of Distribution of Fund, 3,583 18
On account of Damages, 41 78
SURPLUS REVKNUS FUND.
On account of Loans, 500 00
On account of Distribution of Fund, 342 02
OONORBSSIONAL TOWNSHIP FUND.
On account of Loans, 253 30
On account of Fund distributed, 57 30
On account of Damages on Loans, 28 64
CENTRAL CANAL NORTHERN DIVISION.
On account of Repairs, â€¢ 2,548 58
On account of Incidental Expenses, 1,005 56
NEW ALBANY 4c VINCBNNBS ROAD.
On account of Construction, 3,196 02
On account of Repairs, 6,193 61
On account of Contingent Expenses, 2,328 85
On account of Damages, 1 00
On account of Estates without Heirs, 292 81
On account of New State's Prison, 12,935 90
On account of M. & I. Rail Road Stock, 8,012 33
On account of Interest on State Bonds, 75 00
On account of Revenue Refunded, 1^50 62
On account of Constitutional Convention, 1,014 48
On account of W. & E. Canal, 613 50
On aecooni of Deaf & Dumb Asylum, * 27^979 9S
On mcooont of Blind Asylum, 11,781 09
Oo account of Insane Hospital, 32,501 33
On aecooDt of Superintendent of Insane Hospital,- â€¢ - 1,500 00
JKFFBKSONVILIiB Ib CBAWFORDSVILLB ROAD.
On acconni of Construction, 16,000 00
On account of Incidental Expenses, 722 00
WABASH IB BRIB CAlf AI. BT TBV8TBBS.
On account of General Expenses of Trustees, 28,675 65
On account of Expenses of Land OflSce, Vincennes
District, 1,662 24
On account of Expenses of Land Office E. and W.
Tippecanoe, 4.192 68
On account of Ordinary Repairs, 54,871 74
On account of Extraordinary Repairs,- â€¢ 35,255 29
On account of Surveys and Locating, 20,396 48
On acconntof Construction, Coal creek to Terre Haute, 75,â‚¬34 38
On account of Construction, Terre Haute to Pt. Com-
merce, 184,213 07
On account of Construction, Pt. Commerce to New-
bury, 1204209 87
On account of Construction, Newbury to Maysville, 71,550 25
On account of Construction South of Maysville,* â€¢ â€¢ â€¢ 151,444 26
On account of Damages and Water Power, 6,780 50
On account of Superintendence, , . . . . 9,149 17
On account of Expense of Collection, 7,542 59
On account of Interest to Bondholders, 53,409 68
WABASH Ic ERIB CANAL SCRIP.
On account of Incidental Expenses, Scrip East,* â€¢ â€¢ â€¢ 45 00
On account of Incidental Expenses, Scrip West,- â€¢ â€¢ Â« 27 00
On account of Scrip East, Principal cancelled, 25,453 01
On account of Scrip East, Interest cancelled, 6,056 70
On account of Scrip West cancelled, 15,845 00
Whole amount audited during financial year 1850,
warrants No. 4154 to No. 5202, inclusive, $1,51 3,534 04
Balance in Treasury, Oct. 31, 1849 496,941 19
Receipts for 1850, 1,433,44S 78
Deduct Warrants as above 1,513,534 04
Balance in Treasury Oct. 31, 1850, $347349 93
II. STNOFSn of tliÂ« AFFroFrtoUoBt of
1849^ aft4 showimf amoaata OTerArawB,
10MS iBclttdiBf BaUseot of
Mid VBexpendedf Oct. Sltt,
Sftme ovenlrawD In 1849,
PdMIc Printing, â€¢
Bune ovenlrmwa In 1849.
Prob&to JndÂ«eÂ«, â€¢
Same ovetdmwn in 1849,
XiHtia, . ' . . .
Stationery and Fnel,
8ainÂ« OTenlrawn for 1849,
SUtoPriaon, â€¢ â€¢
Biatribtttion Â«>r Lawa and Jonmaia,
Same ovenlrawn for 1849^
Ttmnapt. of Pnblic Anna,
Same OTeidrawn for 1849,
Cooti nyent Fnnd, -
awn for 1849,
Stock to non-subscribers for one-half of coupons on
Bonds surrendered to Aug. 5, 1850, 87 50
Total 2i per cent. State Stock issued to August 5,
1850, $1,736,727 50
Deduct for 2} per cent, stock redeemed up to August
5, 185J, 20,000 00
Total 2i per cent, stock outstanding Ai^st 5, 1850, $1,716,727 50
Preferred Five Per Cent. Canal Stock.
The amount of one-half the principal of Bonds surrendered
chargeable to the canal, for which 5 per cent Stock issued to sub*
scribers of $800,000 to canal, is as follows, viz:
Slock to subscribers prior to July 1st, 1847, $3,782,500
Stock to subscribers to July 1st, 1848, 357,000
Total preferred Canal Stock issued to Aug. 5, 1850> $4,079,500
Deferred Five Per Ceni. Canal Stock.
The amouQt of one-half the prtDcipal of Bonds surrendered
chargeable to isanal, for which 5 per cent, stock imued to non^sulh
9criier8 to $800,000 loan to canal, is as follows, vi2:
Stock to noQ-sobscribers prior to July 1st, 1847,- â€¢ â€¢ â€¢ $344,000
Stock to non-sobscribers to Jan. Ist, 1848, 106,000
Stock to non-subsoribers to July 1st, 1848, 49,500
Stock to non-subscribers to July 1st, 1849, 81,91K)
Stock to non-subscribers to Feb. 4th, 1850, 54,000
Stock to non-subscribers to Aug. 5th, 1850Â« 67,500
Total stock issued to Aug. 6th, 1850,. $702,000
Special Preferred Two <tnd One^Aalf Per Ceni. Canal Stock.
The annount of one^half of the interest on Wabash and Erie
Canal Bonds surrendered chargeable to canal, for whioh 3i per cent
stock issued to subscribers of $800,000, as loan to Canal, is as fol-
Stock to subscribers prior to July 1st, 1847, $1,106,735
Stock to subscribers to July 1st, 1848, 98,950
Stock to subscribers for one-half of coupons surren-
dered to July 1st, 1848, 7,950
Stock to subscribers for one half of coupons surren-
dered to Aug. 5ih, 1850, 2,Â«25
Total issued to Aug. 5th. 1850, $1,216,250
Special Deferred Two and One-Zialf Per Cent. Canal Slftck.
The amount of one-half the interest on Wabash and Erie Canal
Bonds surrendered, chargeable to Canal, for which 2i per cent.
Stock issued to non-subscribers to loan of Â§800,000 to Canal, is as
Slock to non-subscribers prior to July 1st, 1S47,. â€¢ â€¢ â€¢ $101,212 50
Stock to non-subscribers to January 1st, 1848, 30,587 50
Stock to non-Â«nbscribÂ«rs to Jnly 1st, 18^18, 13,725 (K)
Stock to non-sabscribersy for one-half the coupons, to
July Ist, 1848, 1,335 00
Stock to non-subscribers, to July 1st, 1849, 22,350 00
Stock to oon-subscribers to Feb. 4th, 1850, 15,950 00
Stock to noD-subscribers, foi one-half the coupons to
Feb. 4th, 1850, 2,762 50
Stock to non-subscribers to Aug. 5th, 1850, 19,500 00
Stock to non-subscribers for one-half of coupons to
Aug. 5th, 1850, 87 50
Total stock issued to Aug. 5th, 1850, #207,400 00
Recapiitilatunt of Stocks issued.
5 per cent. State Stock, $4,781^00 00
24 per cent State Stock, 1,736.727 50
5 per cent, preferi-ed Canal Stock, 4,079,500 00
5 per cent deferred Canal Stock, 702,000 CO
24 per cent special preferred Canal Stock, 1,216^250 00
24 per cent, special deferred Canal Stock, 207,400 00
â– ^l*^^"â€” .^ II I I IWI
Total stock issued to Auff. 5th, 1850, $12,723,377 50
Deduct 24 per cent Sute Stock redeemed, 20,000 00
Total ouutanding Aug. 5tht 1850, $12,703,377 50
Interest is paid by the State on State 5 per cents, only, and that
at a rate of 4 per cent, until 1853, after which the rate will be 5
per cent. After 1853 the 24 per cent State Stock will bear that
The Canal stocks are thrown upon the Canal for their redemption,
principal and interest, under the arrangement of the Public Debt of
the State with the bondholders.
on nktm Â»BMr,
The amount of InUrast due and paid to the 5tli Ailg. 1850Â» tmAtt
the arrangement with the Bondholderiy is as follows:
Jka* 9/ Dividends.
Amount Paid. .
Julj 1st. 1847,
Jan. Ist, 1848,
July Ist. 1S4S,
Jan. 1st. 1849,
July 1st. 1849,
Jan. 1st, 1850,
July Itt. 1850.
DOMESTIC DEBT OF THE STATE
Six Per Cent. Treasury Notes.
Total amount issiMd. $1,500,000
In 1841-2, 147,700
la 1843, 898^569
In 1844, 200,525
In 1845, 114,540
In 1846, 147,370
In 1847, - 148,510
Jn 1848, â€¢ ..:........ 70,580
Jo 1849 '63,740
In 1850, 86,000
Total amount redeemed and cancelled, $1,376,530
Letviiig a balance of* â€¢â€¢â€¢â€¢â€¢â€¢â€¢ â€¢ â€¢ â€¢â€¢ > â€¢ $123,470
Fran wbicb deduct amount on hand for cancellation, 64,000
Leaves total amount in drenlatien, $59^70
Five Fer Cent, Bamk Scrip,
Total amoant issued^ ,.....Â«. $733,640
In 184S, 40,350
In 1844, 91,990
In 1845, 72.406
In 1846, 76,590
In 1847, 100,330
In 1848, 56,400
In 1849, 56,350
In 1850, 46,410
Total amount redeemed and cancelled, $546,815
Leaving a balance of- r $175,825
From which deduct amount on hand for cancellation, 65,000
Leaves total amount unredeemed, $11D,825
Quarter Per Cent. Treasury Notes.
Total amount of issue, $70,000
In 1848,..-.. 28,750
In 1849, â€¢ i 81,565
In 1850, 12,165
Add amount on hand for cancellation, 3,460
Total amount redeemed, $75,940
Etcess of notes redeemed ovei- ndtes issued, $5,940
Former reports from this department erroneously stated the
amount of the issue of quarter per cent Treasury notes at $100.*
000, the Auditor being misled by the blank Register in his office. It
appears upon examination that this sum was prepared by the Auditor
for circulation and counters^ned by the clerk, but the last $30,000
from No. 14,001 to No. 20,000, were never signed by the Treasurer
â€¢r accounted for by him, the amount not being wanted ibr the par-
poM for which this defcription of notes was dÂ«sigDedÂ» the redemption
of Fifties of the six per cent issue.
The sum of $70,000 only was charged to, and accounted for by
the Treaearer of State, Geo. H. Dunn Esq., in his report of Nov.
9Sd, 1843. He also reports that he had paid oot of these funds the
sum of $41,250 in the redemption of SO's, leaving in his^ hands the
sum of $38,750, which was kept in original packages, transfen^ed by
Mr. Dunn to Mr. Mayhew, and by Mr. Mayhew to Mr. Hannah,
and was finally destroyed by the Committee of Ways and Means m
It will be seen that the amount redeemed already exceeds the
amount issued and accounted for in the sum of $5,940, to which is
to be added the probable amount still in circulation, say $2,000, making
a total excess of $7,940, all of which is i loss to the State. It was
found on registering the notes received during the la^ year that a
large portion of them, although genuine,* were- duplicate numbers,
and notes of this description have from time to time been registered
amounting to about this excess. The attention of former officers
was called to this subject, but they were unable to throw any light
upon it. An examination of the matter by a comnrittee of the Leg*
islature is respectfully suggested.
The following sums have been paid at the State Treasury as In*
terest on Treasury Notes:
Interest on Treasury Notes â€”
On six percents, â€¢ $968,676 04
On five per cents, 82,263 33
On quarter per cents, 572 54
Total amount audited, ^ â€¢ $341,511 Bl
Add Interest on notes on hand, 6 per cenU, 35,000 00
Add Interest on notes on hand, 5 per cents, 25,00Q 0$
TotaU 1401,511 91
Six per cents redeemed, $1^440,530 00
JE^ve per cents redeemed* â€¢ 611,175 00
Quarter per cents redeemed, - 75,940 00
Total Intemt allowed, â€¢ â€¢ â€¢ 401,511 91
Amoant paid on Domestic Debt, $2,539,156 91
J ,.T â– ;â– â– â– â– ':
iVoecf in Circuhtion.
Six per cents, $59,470 00
Five per cents, 110,835 00
Quarter per cenu, estimated, 3,000 00
Total principal $172,395 00
Estimated Interest, 85,000 00
ToUl Domestic Debt, $257,395 00
Provision being made for the redemption of the Five per cent.
Bank Scrip, by the Common School Fund, derived from Bank profitSf
through the Sinking Fund Commissioners, it will mostly be absorbed
through that channel, and will leave chaiigeable up^n thf ordinary
tevenues of the State the amount of Six per cents, in circulation, as
Amount of Principal, $59,476
Ustimaied Interest,. Â« .Â»Â«,.*,,Â«..Â« 35,000
Total, â€¢ $94,470
If. A MrjMmODMT te 4tetidl â€¢â‚¬ tiM Reeelvli Mii IMitarMMMto â€¢f