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New Jersey. Treasury Dept.

Annual report, treasurer of the state of New Jersey ... Report of the Joint committee on treasurer's accounts and of the state treasurer ..

. (page 1 of 46)

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â–  GENERAL LIBRARY *

OF

UNIVERSITY OF MICHIGAN

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REPORT OF THE JOINT GOMMmSE



ON



Treasurer's Accounts

AND OF THE '^ ' ' t^"!/ .^^

STATE TREASURER



TO THE



LEGISLATURE OP NEW JERSEY,



WITH THE



Trasuer's Report to the GoTernor on the Finances of the State,
and the Sinking Fund,



FOR THE



FISCAL YEAR ENDING OCTOBER 31st,

1895.



TRENTON, N. J. :
MacCrellish & QuiOLBT, State Pbintebs

1895.



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JOINT COMMITTEE'S REPORT.



State of New Jersey, )

Office of State Treasurer, >

Trenton, November 2i8t, 1895. )

To the Senaie and General Assembly of the State oj New Jersey :

The Joint Committee of the Legislature on Treasurer's Accounts,
having examined the accounts and securities of the State, found them
correct.

The securities of the several funds of the State, including the Sinking
Fund account, have been examined, accounted for and are in the posses-
sion of the Treasurer,

The Committee congratulates the State of New Jersey upon the condi-
tion of the State finances, also for the business-like manner in which the
Treasurer and his efficient clerical force have conducted the business of
the office.

S. D. HOFFMANN,
L. A. THOMPSON,

Senate Committee.

LOUIS T. DEROUSSE,
CHARLES N. CODDING,
FRED. SCHOBER.
DAVID D. ZA.BRISKIE,
JOHN C. EISELE.

House Committee,



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Treasnrer's Report to tbe Legislatnre.



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TREASDRER'S REPORT TO THE LEGISLATURE.



Treasurer's Office, >-

1.)



State of New Jersey,

Treasurer's Off .,

Trenton, November 21st, 1895



To the Honorable the Legislature of New Jersey :

The Joint Committee on Treasurer's Accounts, having made the usual
annual examination of the securities and accounts of this office, and
approved and audited the same, I herewith present, as required by law, a
general balance sheet of the books and detailed statements of the trans-
actions of this office for the fiscal year ending October 31st, 1895, showing
the condition of the several funds in charge of the Treasurer on that date,
with the balances in bank, and itemized statements of receipts and
expenditures of each fund during the year.

For a summary of these various items I beg leave to refer to my report
as made to the Governor and hereto annexed.

Respectfully submitted,

GEO. B. SWAIN,

State Treasurer.



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General Balance-Sheet.



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lo STATE TREASURER'S REPORT.



GEN KRAI. BALANCE-SHEET OF THE BOOKS OF THE TREASURY
STATE FUND.

DEBIT.

Amount of securities, November i, 1894 $1,027,487 11

Balance in bank, October 31, 1895, 893,747 88

$i,92i»234 99



SCHOOL FUND.

Amount of securities, November I, 1894, $3 » 5^8, 725 80

Securities paid off, $73»34o 83

Loss on sale of real estate, 2,500 00

Riparian leases cancelled, 29,524 00

Riparian lease reduced, 867 50

106,232 33

$3,402,493 47
Amount of Riparian leases added during

the year, $39,747 30

Amount invested, 56,25000

95,997 30

$3,498,490 77

State School Tax for the year 1894, 2,119,36000

Balance in bank, October 31, 1895, 165,619 63

5»783,47o 40



LOCAL TAX ON RAILROAD CORPORATIONS.
Amount disbursed during the year, 400,694 56

AGRICULTURAL COLLEGE FUND.

Amount of securities, November i, 1894, $116,000 00

Securities paid oflf 31,60000

$84,400 00

Amount invested 31,600 00

116,000 00

WAR BONDS.

Amount, November i, 1894, $735,4oo 00

Less amount of bonds (exempt from taxation), . , 75, 000 00

660,400 00

$8,881,799 95



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STATE TREASURER'S REPORT. ii

AT THE CI.OSE OF THE FISCAI, YEAR ENDING OCTOBER 3I, 1895.

STATE FUND
CREDIT.

Amount, November i, 1894, 12,014,343 02

Amount disbursed during the year, . 12,269,039 86
Amount received during the year, . 2,175,93183

93,108 03

11,921,234 99

SCHOOL FUND.

Amount, November i, 1894, 13,726,933 70

Loss on sale of real estate $2,500 00

Riparian leases cancelled, 29,524 '»

Riparian lease reduced, 867 50

32,891 50

13,694,042 20
Amount of Riparian leases added during the year, 39,747 30

13,733,789 50

Income dunng the year, $205,772 38

Industrial education and manual train-
ing, 1,000 00

206,772 38

^3,940,561 88
Disbursements, 276,451 48

13,664,110 40

State School Tax for the year 1894, 2,119,360 00

5,783,470 40

LOCAL TAX ON RAILROAD CORPORATIONS.
Amount received during the year, 400,694 56

AGRICULTURAL COLLEGE FUND.

Amount, November i, 1894, |ii6,ooo 00

Received during the year, 5,994 00

$121,994 00

Disbursed dunng the year, 5,994 00

116,000 00

WAR BONDS.

Loan on bonds (exempt from taxation), {142,000 00
Less amount due and redeemable, Jan-
uary I, 1895, 75,000 00

$67,000 00

Loan on bonds (taxable) outstanding, January i,

1895, 593»40o 00

660,400 00

$8,881,799 95



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State Fund Account.



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SECURITIES BELONGING TO STATE FUND.



Certificate No. 154, dated April 3, 1832, for one thousand
(1,000) shares of the joint stock of the Delaware and
Raritan Canal and Camden and Amboy Railroad and
Transportation Companies, par value, |ioo,ooo 00

Certificate No. 3 640, dated July 15, 1864, for five hundred
(500) shares of the joint stock of the Delaware and Rari-
tan Canal and Camden and Amboy Railroad and Trans-
portation Companies, par value, 50,000 00

Certificate No. 2,565, dated January i«j, 1866, for two hundred
and sixty-two (262) shares of me joint stock of the Dela-
ware and Raritan Canal and Camden and Amboy Rail-
road and Transportation Companies, par value, .... 26,200 00

Certificate No. 4,554, dated January 18, 1865, for one hundred
and twenty-five (125) shares of the joint stock of the
Delaware and Raritan Canal and Camden and Amboy
Railroad and Transportation Companies, par value, . . 12,500 00

Centennial stock, 74>ii6 67

Bonds of the several counties of the State for the surplus

revenue of the United States loaned, 764,670 44

$1,027,487 II



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i6



STATE TREASURER'S REPORT.



STATE FUND.



Statement A
Statement B.



statement C.
Statement D.
statement E.
Statement F.
Statement G.
Statement H.
Statement I.
Statement J.
Statement K.
Statement I^.
Statement M.
Statement N.
Statement O.
Statement P
Statement Q.
Statement R.



RECEIPTS.



Tax from Railroad Corporations, ..... $1,103,95698
Tax from Miscellaneous Corpo-
rations, $697,342 36

"(Tax from Paterson Savings In-
stitution, 1,000 00

698,342 36

Collateral Inheritance Tax, 121,33935

Official Fees 102,751 09

State Prison Receipts 52,702 64

lyoans to Sinking Fund, ......... 40,000 00

Judicial Fees 3i»548 45

Dividends, 18,870 00

Commissions, 1,955 42

Dairy Protection, 1,450 00

State House Expenses 1,219 71

Discharged Convicts, 585 50

Geological Survey, 400 00

State Board of Health, 29757

Fish and Game, 258 96

Court Expenses, 123 30

Assessment on Private Acts, 100 00

Revised Statutes 27 50

$2,175,931 83

. . 93.108 03



Disbursements over receipts,



$2,269,039 86



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STATE TREASURER'S REPORT.



17



STATEMENTS.



STATEMENT A.



1894.

November 26.



30.



December 18.



1895.
January



22.



29-



STATE TAX ON RAII.ROAD CORPORATIONS.

By Tuckerton Railroad Company, for balance

of amount of tax payaole in 1885, ... $5 00

Tuckerton Railroad Cotnpany, for balance
of amount of tax payable in 1886, ... 30 00

Mount Hope Mineral Railroad Company,
for balance of amount of tax payable in

1895. 878 78

Ferro Monte Railroad Company, for bal-
ance of amount of tax payable in 1895, 104 43
Hibernia Underground Railroad Company,
for balance of amount of tax payable m
1895, 333 43

Pennsylvania Railroad Company, for
balance of amount of tax payable in 1894
by the following companies, viz. :
Belvidere and Delaware R. R. Co.,
Camden and Burlington R. R. Co.,
Columbus, Kinkora and Springfield R.

R. Co ,
Freehold and Jamesburg Agricultural

R. R. Co.,
Millstone and New Brunswick R.R. Co.,
Mount Holly, Lumberton and Medford

R. R. Co.,
Perth Amboy and Woodbridge R. R.

Co.,
Rocky Hill Railroad and Transportation

Co.,
United New Jersey Railroad and Canal

Co.,
Vincentown Branch R. R. Co.,

West Jersey R. R. Co., 74,53224

South Jersey Railroad Company, for

amount of tax payable in 1894, .... 1,412 09

Rockaway Valley Morristown K^ension
Railroad Company, for amount of tax

payable in 1895, 142 70

Rockaway Valley Mendham Extension
Railroad Company, for amount of tax
payable in 1895, 129 88

2 T



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STATE TREASURER'S REPORT,



January 29. By Rockaway Valley Railroad Company, for

amount of tax payable in 1895, .... $287 62

February i. West Shore and Ontario Terminal Com-

pany, for one- quarter tax, due February

I, 1895 5.813 16

West Snore Railroad Company, for one-
quarter tax, due February i, 1895, . . . 3.447 56

New Jersey Junction Railtoad Company,
for one-quarter tax, due February i,
1895 1,862 25

New York and Fort Lee Railroad Com-
pany, for amount of tax payable in 1895, ^^ ^^

Morris County Railroad Company, for
one- quarter tax, due February i, 1895, • ^5* ^7

Hibernia Brancb Railroad, for one- quarter
tax, due February i, 1895 5^ 75

Baston and Amboy Railroad Company, for
one-quarter tax, due February i, 1^5, . ii»93i 91

I/ehigh Valley Terminal Railway Com-
pany, for one-quarter tax, due February

I, i%5, • 7.342 99

Pittstown Branch Railway Company, for
one-quarter tax, due February i, 1895, . 70 16

Perth Amboy and Raritan Railway Com-
pany, for one-quarter tax, due February
I, 1895,. . 50 54

Middlesex Railway Company, for one-
quarter tax, due February i, 1895, ... 10 00

Morris Canal and Banking Company, for
one-quarter tax, due February i, 1895, . 4,115 64

Delaware River Railroad Company, for
one- quarter tax, due February i, 1895, . 201 37

National Docks Railway Company, for
one-quarter tax, due February i, 1895, . 2,114 03

Tuckerton Railroad Company, for one-
quarter tax, due February i, 1895. ... 361 43

New Jersey and New York Railroad Com-
pany, for one- quarter tax, due February

I. 1895, 700 63

4. Brigantme Transit Company, for one-

quarter tax, due February i, 1895, ... 216 49

Baltimore and New York Railway Com-
pany, for one quarter tax, due February

1. 1895, 271 56

Staten Island Rapid Transit Company,
for one-quarter tax, due February i,

1895. "5 00

Northern Railroad Company, for one-half

tax, due May i, 1895, 2,667 ^4

12. Pennsylvania Railroad Company (Lessee),

for amount of tax payable in 1895, . . 31,259 03
Bamegat Railroad Company, for amount

of tax payable in 1895, 348 92

Enterprise Railroad Company, for amount

of tax payable in 1895, I53 00

Martins Creek Railway Company, for

amount of tax payable in 1895, .... 108 63

New York Bay Railroad Company, for

amount of tax payable in 1895 3.138 81



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STATE TREASURER'S REPORT,



19



February 12. By Philadelphia and Long Branch Railroad
Company, for amount of tax payable in

1895. fe.126 63

Philadelphia and Beach Haven Railroad
Company, for amount of tax payable

in 1895. 643 58

Camden and Atlantic Railroad Company,
for amount of tax payable in 1895, . . 12,070 27

Chelsea Beach Railroad Company, for
amount of tax payable in 1895, .... i45 78

Philadelphia, Marlton and Medford Rail-
road Company, for amount of tax pay-
able in 1895, 919 44

West Jersey and Atlantic Railroad Com-
pany, for amount of tax payable in 1895, 4,324 05

Alloway and Quinton Railroad Company,
for amount of tax payable in 1805, . . 230 93

March 22. Arlington Railroad Company, for one-

quarter tax, due February i, 1895, ... 26 25

Bergen County Railroad Company, for
one- quarter tax, due February i, 1895, 653 20

Bergen and Dundee Railroad Company,
for one-quarter tax, due February i,

1895 ^ 47 41

Long Dock Company, for one quarter tax,
due February I. 1895, 9,05886

Newark and Hudson Railroad Company,
for one- quarter tax, due February i,
1895 481 58

New York, Lake Erie and Western Dock
and Improvement Company, for one-
quarter tax, due February i, 1895, . . . 2,651 64
. New York, Lake Erie and Western Rail-
road Company (Lessee), for one-quarter
tax, due February i, 1895 2,861 16

Paterson and Hudson River Railroad, for
one- quarter tax, due February i, 1895, . 1,998 02

Paterson and Ramapo Railroad, for one
quarter tax, due February i, 1895, . . . 1,580 43

Paterson, Newark and New York Railroad,
for one-quarter tax, due February i,

1895, . .* 679 63

26. New York and Greenwood Lake Railway,
for one-quarter tax, due February i,
1895 1,146 69

Watchung Railroad, for one-quarter tax,
due February i, 1895 130 59

Caldwell Railway Company* for one- quar-
ter tax, due February i, 1895, 41 25

Roseland Railway, for one- quarter tax,

due February i, 1895, 6 25

April 4. Morris and Essex Railroad Company, for

one- quarter tax, due February i, 1895, . 43,063 75

Warren Railroad Company, for one- quar-
ter tax, due February i, 1895 3,652 96

Sussex Railroad Company, for one- quarter
tax, due February i, 1895 1,038 33



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20 STATE TREASURER'S REPORT.

April 4. By Newark and Bloomfield Railroad Com-

. pany, for one quarter tax, due February

1. 1895 I57897

Passaic and Delaware Railroad Company,
for one-quarter tax, due February i,
1895 385 97

Morris and Essex Extension Railroad
Company, for one-quarter tax, due Feb-
ruary I, 1895, 227 99

Chester Railroad Company, for one- quar-
ter tax, due February i, 1895, 222 47

Passaic and Delaware Extension Railroad
Company, for one-quarter tax, due Feb-
ruary I, 1895, 219 83

Hopatcong Railroad Company, for one-
quarter tax, due February i, 1895, ... ^9 75

Delaware. Lackawanna and Western Rail-
road Company, for amount of tax pay-
able in 1895, 1,228 20

9. Pennsylvania Railroad Company, for

account of amount of tax payable in 1835,

for the following Railroad Companies, viz. :
Belvidere Delaware R R. Co.,
Camden and Burlington County R.R.

Co.,
Columbus, Kinkora and Springfield R.

R. Co.,
Freehold and Jamesburg Agricultural

R.R. Co.,
Millstone and New Brunswick R.R. Co.,
Mount Holly, Lumberton and Medford

R.R. Co.,
Perth Amboy and Woodbridge R.R. Co.,
Rocky Hill R.R. and Transportation Co. ,
United N. J. R. R. and Canal Co.,
Vincentown Branch R. R. Co.,

West Jersey R. R. Co 37.477 37

15. Jersey City and Bergen Railroad Com-

pany, for amount of tax payable in

1895. 6,912 98

25. Brigantine Beach Railroad Company, for

one quarter tax, due February i, 1895, . 274 11

Atlantic City Railroad Company, for one-
quarter tax, due February i, 1895, . . . 3,49201

Delaware and Bound Brook Railroad Com-
pany, for one- quarter tax, due February
I, 1895 , 5,026 12

Port Reading Railroad Company, for one-
quarter tax, due February i, 1895, . . . i,734 56

New Jersey and New York Railroad Com-
pany, for one- quarter tax, due February
I, 1895. , 700 63

Camden County Railroad, for one quarter
tax, due February I, 1895, 16738

East Trenton Railroad Company, for one-
quarter tax, due February i, 1895, . . 91 23

Philadelphia and Reading Railroad Com-
pany (Lessee), for one-quarter tax, due
February i, 1895, 1,125 00



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STATE TREASURER'S REPORT. 21

April 29. By Palisades Railroad Company, for one-
quarter tax, due February i, 1895, . . . $252 50
30. Baltimore and New York Railway Com-
pany, for one quarter tax, due May i,
1895, 271 56

Staten Island Rapid Transit Railroad Com-
pany, for one-quarter tax, due Mayi,

1895* 125 CO

May 2. Long Dock Company, for one-quarter tax,

due May i, 1895 9,058 86

New York, Lake Erie and Western Rail-
road Company (Lessee), for one-quarter
tax, due May i, 1895, 2,861 15

New York, Lake Erie and Western Docks
Improvement Company, for one-quarter
tax, due May i, 1895, 2,651 64

Paterson and Hudson River Railroad, for
one-quarter tax, due May i, 1895, . . . 1,998 02

Paterson and Ramapo Railroad, for one-
quarter tax, due May i, 1895, 1,580 43

Paterson, Newark and New York Railroad,
for one-quarter tax, due May i, 1895, . 679 63

Bergen County Railroad, for one- quarter
tax, due May i, 1895, 653 20

Newark and Hudson Railroad, for one-
quarter tax, due May i, 1895, 481 58

Bergen and Dundee Railroad, for one-
quarter tax, due May i, 1895, 47 41

Arlington Railroad, for one-quarter tax,
due May i, 1895, 26 25

New York and Greenwood Lake Railway,
for one-quarter tax, due May i, 1895, . 1,146 69

Watchung Railroad, for one- quarter tax,
due May i, 1895, 130 59

Caldwell Railway Company, for one-
quarter tax, due May i, 1895, 41 25

Ri^eland Railway, for one-quarter tax,
due May i, 1895 6 25

Brigantine Transit Company, for one-
quarter tax, due May i, 1895, 216 49

West Shore and Ontario Terminal Com-
pany, for one-quarter tax, due May i,

1895. ... 5,8^3 16

West Shore Railroad Company, for one-
quarter tax, due May i, 1895, 3,447 57

New Jersey Junction Railroad Company,
for one-quarter tax, due May i, 1895, . 1,862 24

Warren Railroad Company, for one-quar-
ter tax, due May i, 1895 3,652 95

Sussex Railroad Company, for one-quar-
ter tax, due May i, 1895, 1,03833

Newark and Bloomfield Railroad Com-
pany, for one- quarter tax, due May i,

1895 578 95

Passaic and Delaware Railroad Company,

for one-quarter tax, due May i, 185(5, . 385 97

Passaic and Delaware Extension Railroad

Company, for one- quarter tax, due May

1,1895, 219 80



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22 STATE TREASURER'S REPORT.

May 2. By Morris and Essex Extension Railroad
Company, for one-quarter tax, due May
1, 1895, . I227 98

Chester Railroad Company, for one- quar-
ter tax, due May i, 1895, 22246

Hopatcong Railroad Company, for one-
quarter tax, due May i, 1895, 19 75

National Docks Railway Company, for
one-quarter tax, due May i, 1895, . . . 2,114 02

Tuckerton Railroad Company, for one-
quarter tax, due May i, 1895, 361 43

Morris County Railroad Company, for
one- quarter tax, due May i, 1^5, ... 152 67

Hibernia Branch Railroad Company, for
one- quarter tax, due May i, 1895, ... 58 75

Delaware River Railroad Company, for
one-quarter tax, due May i, 1895, ... 201 38

6. Pemberton and Hightstown Railroad Com-

pany, for one- quarter tax, due February

1, 1895, 281 36

Pemberton and Hightstown Railroad Com-
pany, for one-quarter tax, due May i,
1895 281 36

7. Atlantic City Railroad Company, for one-

quarter tax, due May i, 1895, 3»492 01

Brigantice Beach Railroad Company, for
one-quarter tax, due May I, 1895, . . . 274 11

Port Reading Railroad Company, for one-
quarter tax, due May i, 1895 1,73456

Camden County Railroad Company, for
one- quarter tax, due May i, 1895, ... 167 38

Lehigh and Hudson River Railway Com-
pany, for one quarter tax, due May i,

1895. • . 1.572 63

South Easton and Phillipsburg Railroad
Company, for amount tax payable in

1895, % . . . . 553 50

9. Delaware and Bound Brook Railroad Com-
pany, for one-quarter tax, due May i,
1895 5,026 12

East Trenton Railroad Company, for one-
quarter tax, due May i, 1895, 91 23

13. Morris Canal and Banking Company, for

one- quarter tax, due May i, 1895, ... 4,115 64

Easton and Amboy Railroad C5ompany,
for one- quarter tax, due May i, 1895, . iii93i 91

lychigh Valley Terminal Railway Com-
pany, for one- quarter tax, due May i,

1895 7,342 99

Pittstown Branch Railway Company, for

one- quarter tax, due May i, 1895, ... 70 16

Perth Amboy and Raritan Railway Com-
pany, for one-quarter tax, due May i,

1895 , 50 54

Middlesex Railway Company, for one-
quarter tax, due May i, 1895, 10 00

28. Central Railroad Company of New Jersey,
for orte quarter tax, due February i,
1895 47,519 74



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STATE TREASURER'S REPORT. 23

May 28. By New Jersey Southern Railway Company,

for one-quarter tax, due February i,

i895» • . . ; .• • • • *2»^ ^5

Vineland Railroad Company, for one-
quarter tax, due February i, 1895, . . . 664 43

Freehold and Atlantic Highlands Rail-
road Company, for one-quarter tax, due
February i, 1895, 610 63

Nav€sink Railroad Company, for one-
quarter tax, due February i, 1895, ... 421 17

Ogden Mine Railroad Company, for one-
quarter tax, due February i, 1895, ... 311 82

Cumberland and Maurice River Railroad
Company, for one-quarter tax, due Feb-
ruary I, 1895, 305 24

Hibernia Mine Railroad Company, for
one- quarter tax, due Februaiy i, 1895, 202 62

Dover and Rockaway Railroad Company,
for one quarter tax, due February i,
1895, 152 76

Toms River and Barnegat Railroad Com-
pany, for one-quarter tax, due February
I, 1895, 124 99

West Bad Railroad Company, for one-
quarter tax, due February i, 1895, ... 117 66

Toms River Railroad Company, for one-
quarter tax, due February i, 1895, ... 63 05

Carteret Extension Railroad Company,
for one-quarter tax, due February i,
1895 37 26

Lafayette Railroad Company, for one-

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