timmt. ANNUAL REPORT TREASURER STATE OF GEORGIA, YEAR ENDING OCTOBER 6, 1881. ATLANTA, GA.: CONSTITUTION PUBLISHING CO., STATE POINTER."' 1882. I ANNUAL REPORT TREASURER STATE OF GEORGIA, YEAR ENDING OCTOBER 6, 1881. ATLANTA, GA 0 CONSTITUTION PUBLISHING CO., STATE PRINTERS. 1882. m&hfg0gH '* Report of the Joint Committee on Finance Adopted in Senate and House. The joint Standing Committee on Finance have examined the accounts and vouchers of the Comptroller General and Treasurer, as required by section 186 of the Code, and respectfully submit that the books of these officers have been neatly and correctly kept, and their annual reports are sustained by the condition of the offices. The report of the Treasurer showed a balance in the treasury, October I, 1880, of 688,865.47, which amount is shown on the books, and on the 10th day of November, 1880, J. W. Renfroe, the former Treasurer, turned over to D. N. Speer, the present Treasurer, the sum of $665,594.97, which amonnt we found on the books, and the same agrees with the books of the Comptroller General of that date. The books of the Treasurer showed a balance on September 5, 1881--the day your committee began its investigation--of $782,884.84, which amount your com- mittee found in the hands of the Treasurer and the State Deposi- tories, an itemized account of which is hereunto appended. In the opinion of your committee the Treasurer deserves the gratitude of the people of Georgia for his conduct in the matter of the State's funds in the Citizens' Bank, as well, also, as for his efficiency and the good management of his office. He found in this bank, when he entered the office, $332,432.75 more than half of the whole amount of the State's funds at that time. He at once began drawing from this bank to meet all the demands of the State, so at the time of the suspension there was on deposit in said bank only $103,218.46; thus, as we think, sav- ing to the State a large sum of money. * * * Respectfully submitted, DUPONT GUERRY, "W. H. MATTOX, J. F. BROWN, From Senate Committee. A. W. HILL, S. D. FULLER, B. J. DAVIS, i S. R. CHRISTIE, D. C. BACON, From House Committee. ATLANTA, September 22, 1881. TREASURER'S REPORT. STATE OF GEORGIA, TREASURY DEPARTMENT, ATLANTA, GA., October 6th, 1881. To His Excellency, ALFRED H. COLQUITT, Governor of Georgia: SIR--I have the honor to submit to your Excellency the follow- ing annual report of this Department, showing the financial condition of the State, and embracing receipts and disbursements at the Treasury from October 1st, 1880, to October 6th, 1881, both inclusive, to-wit: Balance in Treasury October 1st, 1880 $ 688,865 47 *Eeceived in the Treasury from October 1st, 1880, to October 6th, 1881, both inclusive 1,384,032 01 #2,072,897 48 Disbursements from October 1st, 1880, to October 6th, 1881, both in- clusive 1,278,349 97 Balance in Treasury October 6th, 1881 $ 794,547 51 Table A, beginning with the balance in the Treasury October 1st, 1880, shows the receipts and disbursements in each month during the year ending September 30, 1881, and also for the first six days in October, 1881. Table B is an account current between the Treasurer and the State, beginning with the balance in the Treasury October 1st, 1880, and shows the amounts received from the different sources of revenue, and the payments on each particular fund up to October 6th, 1881, inclusive. Table C is a statement of the public debt as it now stands, and shows the liability of the State on its own account for bonds running to maturity, amounting to $9,726,660. Table D shows the amount of interest to be paid quarterly and semi-annually on bonds of the State of Georgia, and the month in which it falls due, in and during the year of 1882. , *This report is made to cover the time from October 1st, 1880, to October 6th 1881, inclusive, to meet the requirements of an act of. the present Legislature changing the fiscal year, and also making an official report year--said report ye . to end thirty days preceding the meeting of the General Assembly. , * 4 TREASURER'S REPORT. Table E shows the total valid and bonded debt of the State on October 1st, 1881 ; also the amount of liabilities of the State, absolute and contingent, as endorser on railroad bonds, and the amount of property owned and possessed by the State. Table F is a list of the insurance companies that have on deposit in the State Treasury $25,000 each, under an act approved February 28, 1877. Table G is a minute and particular descriptive list of the bonds of the State not yet due, showing their number, size, rate, date of issue, and maturity, when and where payable, authority and object of issue, principal due each year, the names of signers, also the size, time of payment, and signers of coupons. Respectfully submitted, D. N. SPEER, State Treasurer. -\ '&'' TABLE A. Monthly Receipts and Disbursements from the Treasury for the fiscal year ending October 6, 1881. 1880--October . November December 1881--January . February. March April . May. . June . .July. . August September October, 6 MONTHLY RECEIPTS To receipts in Treasury MONTHLY PAYMENTS. 62,088 77 1880--October . By payments from Treasury. 161,523 39 November 429,770 28 December 184,799 01 1881--January . 95,324 06 February 74,821 38 March 83,371 22 April . 37,218 01 May . . 48,352 08 June. . 93,570 78 July . . 33,247 22 August 54,451 23 September 25,493 98 October, 6 days H3 43,254 82 fed 84,617 70 99,325 23 > 'A 156,810 39 w 178,200 54 185,953 35 fwed 56,024 63 235,271 71 52,621 43 fe? 85,392 15 30,828 84 o 40,581 94 29,467 24 $1,384,032 01 balance in Treasury, Oct. 1,1880 688,865 47 ,278,349 97 " balance in Treasury Oct. 6,1881 794,547 51 $2,072,897 48 $2,072,897 48 w TABLE B. Statement of Receipts and Disbursements at the Treasury for the fiscal year ending Oct. 6,1881. FROM WHAT SOURCE RECEIVED. To balance in Treasury, October 1, 1880.. " Show Tax, 1880 " 1881 Tax on Insurance Agents, 1880. '* " " " 1881 Liquor Tax, 1878 " 1879 " 1881 Insurance Tax, 1880 " 188L Railroad Tax, 1880 " 1881 Insurance Fees. 1880 " 1881 General Tax, 1873 " 1874 " 1875 " " 1876 " " 1877 " 1878 " " 1879 '. 1880 Sewing Machine Tax, 1879 " 1880 " " " 1881 Tax on Billiard Tables, 1880 "" " ' 1881 " " Auctioneers, 1880 "" " 1881 " " Games, 1880 " " " 1881 " " Special Nostrums, 1880.. "" " " 1881 . Photographic Tax, 1880 Dividends from Stock, 1880 ON WHAT ACCOUNT DISBURSED. 688,865 47 4,819 00 By Acade'm. 558 90 377 64 CD 500 00 d 330 75 si 532 73 324 35 w 279 16 400 00 30) 00 ,500 00 483 25 316 30 825 00 o 500 00 w 3. ,750 00 15 ,000 00 41. ,458 36 65. ,277 70 2. ,385 79 42 ,613 00 6. ,314 14 4. 299 04 6, ,819 00 24 559 73 2 00) 00 8. ,300 00 646 ,735 80 3. ,249 99 5 607 28 ,124 99 373 33 Tax Lightning Rod Agents, 1880 Sale of an engine Earnings Macon and Brunswick Railroad.... Tax Express Company, 1880 1881 Claim va. Harris Tax on Telegraph Companies, 1880 "" " " 1881 Interest on sale North and South Railroad.. "Wild Laud Tax, 1880 " " " 1874, '75, '76 Office Fees, 1881 Rent of Public Buildings, 1880 ' " Western and Atlantic Railroad Tax on Sleeping Car Companies, 1880 " " " " 1881 Hire of Convicts, 1879 "" " 1880 Insolvent General Tax Interest on Oconee Bridge Bonds " sale Memphis Branch Railroad Hire of Convicts Inspection Fees Sewing Machine Agents Tax on Telephone Company, 1881 Sale North and South Railroad Tax Lightning Rod Dealers, 1881 Penalties 67 50 300 00 4,608 12 510 37 1,078 51 2,328 19 1,044 25 919 07 1,117 50 295 22 254 75 83 50 629 50 300,000 00 182 56 203 19 2,830 45 24.925 01 1,069 31 112 00 630 00 2,705 33 72,192 (-9 387 00 154 26 40,500 00 67 50 165 22 $ 2,072. Special Appropriations, 1881 Supreme Court Reports, 1881 School Fund, 1880 1881 1882 Solicitors Generals, 1881 Trustees Lunatic Asylum, 1881 Western and Atlantic Railroad Change Bills Balance in Treasury, October 7, 1881 38,465 86 5,250 00 183,956 34 3,325 24 922 65 1,450 00 1,125 00 1 85 794,547 51 > X q Ed $ 2,l>73,897 48 ft cx 00 TABLE C. _^ er, iM, Mowing the Dates qf Issue and Maturity, and Annual Interest q SO iyear . 1J years . 2J years . 31 years . 4J years . 9 years . 1 years . years . years . years . 1882 1883 1884 1885 1890 1892 1896 1889 1885 v 100,000 00 i 8,000 100,000 00 8,000 100,000 00 8,000 100,000 00 8,000 4,000,000 00 278,000 2,097,000 00 146,790 307,500 00 21,525 542,000 00 37,940 2,298,000 00 137,880 82,160 00 3,286 $ 108.000 00 108,000 00 108.000 00 108,000 00 4,278,000 00 2,243,790 00 329,025 00 579,940 00 2,435,880 00 85,446 40 so Hi o so H ,726,660 00$ 657,421 40 VJ" TABLE D. Showing amount of Interests be paid quarterly, and semi-annualhj, on bonds of the State of Georgia, and the month in which it falls due, in and during the year 1882. WE CLASS OP BONDS Ammiiit. January. February. April. July. August. October. Total Interest. Total Payments 00 d fed s* Bonds issued for stock in the Atlantic and Gulf BoBnadilsrosaedcured by mortgage on ,W;;e-"s:tern anAd AVitilTMan"ti^c Bailroad Bonds issued under Act of January 18, 18<2... Bonds issued under Act of February 10, 1873 Bonds issued under Act of February 24,1876 .... (i 7 7 8 7 per per per per per cent. cent. cent. cent. cent. i 300,000 3,600.000 307,500 500,000 542,000 1C6.000 00 10,702 50 18,070 00 Bonds issued to redeem M. & B., N., S. A M. Bonds Gold Bonds, quarterly coupons Bonds isssued to redeem 6 per cent. Bonds Branch 6 7 4 per per per cent. cent cent. 2,208,000 2,097,000 82,100 68 940 00 36,697 50 3,286 40 8 0,720,600 $264,656 40 9,000 9,000 8 18,000 00 8 18,000 00 co 126,000 00 10,762 50 fl20,000 00 18,970 00 68,940 00 36,697 50 36,697 50 252,000 00 252,000 00 21.525 00 21.525 00 fed 16,000 00 36,000 00 136,000 00 37,940 00 37,940 00 O 137,880 00 137,880 00 36,697 50 146,790 00 146,790 00 K 1-3 3,286 40 3,286 40 9,000 56,697 50 8261,370 00 9,000 ! 52,697 50 8 653,421 40,8 753,421 40 tOne hundred thousand dollars of this amount is the principal of the 8 per cent, bonds falling due this month (April). zo TABLE E. Showing the total valid bondedDtblof the State of Georgia on October 1, 1881; also the amount of Liability ofijie State, absolute and contingent, as endorser on Railroad Bonds, and the amount of Property owned and possessed, by the State. >-3 Total Bonded Debt .... Total endorsement on (secured by first lien) bonds of South Georgia and Florida Railroad Total endorsement on (secured by first lien) bonds of Northeastern Railroad $9,726,660 00 464,000 00 260^000 00 CR. Western and Atlantic Railroad, 138 miles--lease 10 years to run--annual rental $300,000. Macon and Brunswick Railroad--195 miles--sold for $1,125,000, of which about $945,000 is yet due. See Act 1879. Memphis Branch Railroad--5 miles--sold for $9,000, due January, 1881. South Georgia and Florida Railroad--58 miles--(contingent)--has never defaulted in paying interest. Bonds Oconee Bridge value . , Bank State of Georgia--1,833 shares no value . . Bank of Augusta--800 shares. no value . Georgia Railroad and Banking Company--186 shares Atlantic and Gulf Railroad--10,000 shares--par $l,000,000-(no market value) Southern and Atlantic Telegraph, guaranteed by Western Union Telegraph Co--440 shares Public Buildings--not estimated o SI lj600 00 H3 25 000 00 10,000 00 TREASURER'S REPORT 11 TABLE F. The following^s a List of Insurance Companies that have deposited $25,000 each in the Treasury, under the provisions of an Act approved February 28, 1877. Imperial Fire Insurance Co., of London Assurance Corporation Merchants and Mechanics Insurance Co Insurance Company of North America Hamburg-Bremen Insurance Co Connecticut Insurance Co German American Insurance Co Virginia Fire and Marine Insurance Co Northern Assurance Co Virginia Home Insurance Co West ern Assurance Co British American Insurance Co North British and Mercantile Insurance Co Phreni x Assurance Co Commercial Union Assurance Co Phoenix Insurance Co Guardian Assurance Co Phcenix Insurance Co Petersb urg Savings and Insurance Co Hartford Fire Insurance Co Niagara Insurance Co Franklin Insurance Co Watertown Fire Insurance Co Columbus Insurance and Banking Co London and Lancashire Fire Insurance Co Liverpool and London and Globe Insurance Co Westchester Fire Insurance Co Star Fire Insurance Co Fire Association of Philadelphia Home Insurance Co Manhattan Insurance Co Royal Insurance Co Lancashire Insurance Co Norwich Union Fire Insurance Society Continental Insurance Co Queen Insurance Co , Williamsburg Ciiy Insurance Co Scottish Union and National Mechanics Fire Insurance Co The Lion Fire Insurance Co Germania Fire Insurance Co Hanover Fire Insurance Co London, England. London, England. Richmond, Va. Philadelphia, Pa. Hamburg, Ger. Hartford, Conn. New York. Richmond, Va. England. Richmond, Va. Toronto, Can. Toronto, Can. England. London, Eng. London, Eng. Hartford, Conn. England. New York. Petersburg, Va. Hartford, Conn. New York. Philadelphia, Pa. VVatertown, N. Y. Columbus, Miss. England. England. Hew York. New York. Philadelphia, Pa. New York. New York. England. England. New York. New York. England. New York Scotland. Brooklyn. England. New York. New York. 3 TABLE G. Descriptive List of the Bonds of the State of Georgia running to maturity, outstanding on the 1st of October, 1880, in order in which they become due, showing their number, size, rate, date of issue and maturity, when and where payable, authority and object of issue, principal and interest due each year, and the names of signers: also, size, time of payment, and signers of coupons. DATE OF BOND Month. Year. Size of Bond. No. of Bate Issue. Per Cent. Term. Time to Run. PAYABLE. Amount Annual Engraved Size ol Interest on or of Month. Year Each Issue. Each Issue Printed. Coupons. SIGNERS OF COUPONS. Februa'y February August August. May ... M Oacyto. be. r July... truly... April.. April.. April .. April.. 1860 500 200 6 per cent 20 years 1M, years. February.. 1886 ? 100 000 00 6,000 Engraved. 1866 1866 100 345 6 per cent 20 years 4% years. February.. 1886 500 300 6 percent 20 years 4% years. August. ... 1886 31,500 00 150,000 00 2,070 Engraved . 9,00'l Engiaved . 1860 100 1556 per cent 20 years b% years. August 1887 15,500 00 930 Engraved. '866 1,000 2,800 7 per cent 20 years 5>2 years. M ay 1886 2,800,000 00 196.000 Engraved. 1866 500 1.600 7 per cent 20 years 5>| years. May 1886 800,0 1" 00 56,000 Engraved. 1870 1000 2,008 per cent 20 years 9 years. October 1MI0 2,097 000 00 146,790 Engraved. 1872 1,000 207 percent 20 years 11 years. July 1892 207,000 I'O 14.490 Engraved. 1872 500 201 per cent 20 years 11 years. July 18'<2 100,500 00 7.035 Mi graved 1873 500 200 per cent 9 years Yi year.. April 1882 100.000 00 8 0(!0 Engraved. 187,3 1.000 100 per cent 10 years 1% years. April .... 1883 100, 00 00 8,000 Engraved. 1873 1,000 100 per cent 11 years 2>2 years. April 18H4 100.000 l 0 8,000 Engraved. 1873 1,000 100 per cent 12 years 3X years. April 1885 loo,ouo no 8,000 Engraved. 1873 1,000 100 per centj!13 years i% years.. April 1886 100,000 00 8,000 Engraved. 1876 1,000 542 per cent' 20 ears 15 years. July 1896 542,000 00 37,940 Engraved. 1877 1,00) 2,298 per centj 12 years 8 years. July 1889 2,298.000 00 137,880 Engraved. 1879 5 to 50 per cent 6 years 3 years. January ... 1885 82,160 00 3,286 Engraved. $9,726,660 00 $ 657,421 40 15 00 John Jones, Treasurer ... 3 00 John Jones, Treasurer .. 15 OOJohn Joues, Treasurer 3 00 John Jones, Treasurer 35 0 'iW. H. Scott, for Treasurer 17 50 B. A. White, for Treasurer 35 OOMadison Bell, Comptroller-' 35 00:N. L. Angler, Treasurer.. 17 50 N. L. Angier, Treasurer.. 20 OOJohn Jones, Treasurer... 40 OOJohn Jones, Treasurer... 40 00'John Jones, Treasurer... 40 00 John Jones, Treasurer... 40 OOJohn Jones, Treasurer... 35 00 J. W. Renfroe, Treasurer 30 00 J. W. Renfroe, Treasurer |J. W, Renfroe, Treasurer TIME FOR PAYMENT OF COUPONS. WHERE PAYABLE. AUTHORITY FOR ISSUE. FOR WHAT PURPOSE ISSUED. SIGNERS OF BONDS, February and August New York and State Treasury Act of 27th of February, 1856 . February and August New York and State Treasury Act Of 27th of February, 1856.. February and August New York and Slate Treasury Act of 27th of February, 1856.. February and August New York and >tate Treasury Act of 27th of February, 1856.. January and July New York and State Treasury Act of mil of March. 1806 January and July New York and State Treasury Act of 12ih of March, 1866 Jan , April, July and Oct. New York and State Treasury, Act Of 15th of September, 1870. January and July New York and State Treasury, Act of 18th of January, 1872. .. January and July New York and State Treasury. Act Of 18th of January, 1872... April and October New York and State Treasury. Act of 19th of February, 1873.. April and October New York and State Treasury. Act of 19th of February, 1873.. April and October New York and State Treasury. Act of I9lh of February 1873.. April and October New York and State Treasury. Act of 19th of February, 1873.. April and October New York and State Treasury. Act of 19th of February,1873. January and July New York and State Treasury. Act of 24th of February, 1876 . January and July New Ycrk and Slate Treasury. Act of 19th of February, 1877.. January iNew York and State Treasury. Act of 14th of December, 1878.. Atlantic and Gulf Railroad... Charles J. Jenkins, Governor ; Nathan C. Barnett. Secretary of State. Atlantic and Gulf Railroad... Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State. Atlantic and Gulf Railroad.. Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State. Atlantic and Gulf Railroad... Charles J. Jenkins, Governor; Nathan C. Barnett, Secretary of State. Renewal of Old Bonds, etc... Charles J. Jenkins, Governor ; John T. Burns, Comptroller-General. Renewal of Old Bonds, etc... Charles J. Jenkins, Governer; John T Burns, Comptroller-General. Kenewal ol Old Bonds, etc... Rufus B. Bullock, Governor; David G. Cotting, Secretary of State. Renewal of Old Bonds etc... James M. Smith, Goverr.or; David G. Cotting, Secretary of State. Renewal of Old Bonds, etc... James M. Smith, Governor ; David G. Cotting, Sec etary of State. Renewal of Old Bonds, etc... James M. Smith, Governor ; Nathan C. Barnett, Secretary of state. Renewal of Old Bonds, etc... James M. Smith, Governor ;, Nathan C. Barnett, Secretary of State. Renewal of Old Bonds, etc... James M. Smith, Governor; Nathan C Barnett, Secretary of State. Renewal of Old Bands, etc... James M. Smith, Governor; Nathan C. Barnett, Secretary of State. Renewal of Old Bonds, etc... James M. Smith, Governor ; Nathan C. Barnett, Secretary of State. To pay in. on M & B.,N. SS Bonds James M. Smith, Governor; Nathau C. Barnett, Secretary To fund M &B.,N. &S., M.Bra hb'ds Alfred H. Colquitt, Governor; Nathan C Barnett, Secret* To Redeem Maturing Bonds.. Alfred H Colquitt, Governor; J. W. Renfroe, Treasurer. he following numbers of Gold Quarterly Coupon Bonds are outlawed by the Act approved August 23, 1872, viz: 797, 798. 1,010*, 1,629, 1,630,1,633,1,741,1,771, 1,772,1,773, 1,774,1,791, 1,792,1,811,1,825, 1,826,1,840, 2,501 to 2,575, both inclusive, 2,591, 2,592, 2,593, 2,594, 2,595, 2,596, 2,597, 2,598, 2,599, and 2,600. Bond 1,010 has been paid, by authority of Act approved 1877. *There were $400,000 of this issue, but all have been redeemed except the above 882,160. m fB^mmmMmamssnaamamMBBBas^BttmmM^^ J UNIVERSITY OF.GEORGIA LIBRARIES 3 ElDfl Q54E4 2D71