Annual report of the treasurer of the state of Georgia for period July 1st, 1938 to June 30th, 1939 and July 1st, 1939, to June 30th, 1940

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THE LIBRARY OF THE UNIVERSITY OF GEORGIA

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ANNUAL REPORT
of
THE TREASURER
of the
STATE OF GEORGIA
For Period
July 1, 1938, to June 3D, 1939
and
July 1, 1939, to June 3D, 1940
GEORGE B. HAMILTON State Treasurer

LIST OF TREASURERS OF GEORGIA FROM 1781 TO 1940 INCLUSIVE

James Bryan John Lindsay Joseph Clay John Martin Seth John Cuthbert George Jones John Meals John Gibbons John Berrien Edwin Mounger George R. Clayton James Bozeman Hines Holt John Williams Thomas Haynes Benjamin B. Smith Walter H. Mitchell William B. Tinsley J. M. Patton Walter H. Mitchell John B. Trippe John Jones N. L. Angier John Jones
J. W. Renfroe
D. N. Speer
R. U. Hardeman W. J. Speer R. E. Park J. Pope Brown W. J. Speer
M. L. Ledford Geo. B. Hamilton

1781 1782 1782 1783-4 1785-6
1787 1788 to 1791 1792 to 1795 1796 to 1800 1801 to 1805 . . 1806 to 1825 1826 to 1828 1829 to 1832 1833 1834 to 1841 1842 1843 to 1846 1847 to 1850 1851 1851-2 1853 to 1860 1861 to 1867 1868 to 1872
1872 to 1876 1876 to 1880 1880 to 1884 1884 to 1896 1896 to 1900 1900 to 1909 1909 to 1911 19H to 1931 1931 to 1933 1933 to

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GEORGE B. HAMILTON Treasurer of State of Georgia

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ORGANIZATION of
STATE TREASURY DEPARTMENT

GEO. B. HAMILTON, State Treasurer

HORACE A. HIXON, Assistant State Treasurer

JOHN S. SEARCY, Accountant

CHARLES H. HAGERTY, Clerk

RICHARD M. FABIAN, Cashier

ESTELLE TOOTLE, Stenographer

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INDEX TO REPORT
For the Period July 1st, 1938, to June 30th, 1939 EXHIBIT A--Consolidated Statement of All Cash Handled by Treasury
Department.
EXHIBIT B --Consolidated Statement of Receipts and Disbursements -- General Treasury.
EXHIBIT C --Consolidated Statement of Receipts and Disbursements -- Special Fund Accounts.
SCHEDULE 1 --Analysis of Cash Receipts -- General Treasury. SCHEDULE 2 --Analysis of Disbursements -- General Treasury. SCHEDULE 3--Analysis of Cash on Hand -- General Treasury.
SCHEDULE 4--Analysis of Balances due on Appropriations. SCHEDULE 5--Statement of Cash Balances in State Depositories and Col-
lateral.
SCHEDULE 6--Receipts and Disbursements--Delinquent Fuel Oil Tax. SCHEDULE 7--Receipts and Disbursements--State Properties Commission.
SCHEDULE 8--Receipts and Disbursements--Unemployment Compensation Funds.
SCHEDULE 9--Receipts and Disbursements--United States Employment Service.
SCHEDULE 10--Receipts and Disbursements--Federal Aid--Education. SCHEDULE 11 --Receipts and Disbursements--National Industrial Recovery
Fund--Highways.
SCHEDULE 12 -Statement of Checks Received From Federal Government and Endorsed to Governor.
SCHEDULE 13 --Statement of Bonded Debt--General Fund. SCHEDULE 14--Statement of Fuel Oil Tax Distribution. SCHEDULE 15 --Statement of Distribution Fuel Oil Tax Grants to Counties. SCHEDULE 16--Statement of Collateral Deposited with Bond Commissioner.

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Letter of Transmission
December 19, 1940.
Hon. E. D. Rivers, Governor of Georgia, Atlanta, Georgia. Dear Sir:
I beg to submit herewith my report of the operations of the State Treasury and office of Bond Commissioner for the periods begun July 1, 1938, and ended June 30, 1939 (part one), and July 1, 1939, to June 30, 1940 (part two).
I beg to call your attention to the explanation of the report appended to each period and made a part of this report.
The Treasurer also serves in the following capacities by legislative authority:
Chairman -- State Housing Authority Secretary -- Hotel Properties Commission Member -- State Board Tax Appeals
Full report of the acivities of these duties will be found under separate reports.
Respectfully Submitted,
GEO. B. HAMILTON, State Treasurer.

53

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Annual Report of Treasurer PART ONE

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EXPLANATION OF REPORT
EXHIBIT A:
This exhibit sets forth the total amount of cash from all sources handled by the State Treasury for the period begun July 1, 1938, and ended June 30, 1939, amounting to $72,447,522.17. The total withdrawals by the Treasury Department during this period for operations amounted to $24,800.00 which reflects a cost of $.342 per thousand dollars. This cost is arrived at by using the total cost of operations without deducting cost of Bond Commissioner's duties or other duties of this department.
EXHIBIT B:
This exhibit sets forth the total amount of cash received and disbursed through the General Treasury for the period begun July 1, 1938, and ended June 30, 1939. The analysis of these figures are reflected by Schedules 1 and 2.
EXHIBIT C:
This exhibit sets forth the receipts and disbursements of the various special accounts handled by the State Treasury for the period begun July 1, 1938, and ended June 30, 1939. All monies handled in these accounts are deposited in special bank accounts and not handled through the General Treasury. The analysis of these figures are reflected by Schedules 6, 7, 8, 9, 10, 11 and 12.
SCHEDULE 1:
This schedule sets forth in detail the analysis of Cash Receipts in the General Treasury for the period begun July 1, 1938, and ended June 30, 1939, from all sources. The schedule is self explanatory.
SCHEDULE 2:
This schedule sets forth in detail the analysis of Cash Disbursements from the General Treasury for period begun July 1, 1938, and ended June 30,1939. Total disbursements to various departments of the State Government are shown and where not otherwise specified are for general operations of that department. All disbursements were made on warrants properly issued under the provisions of the Constitution and Statutes of Georgia and against appropriations made by the General Assembly for the particular period.
SCHEDULE 3:
This schedule sets forth in detail the analysis of Cash on Hand in the General Treasury as of June 30, 1939. Balances held for departments are for general operations unless otherwise specifiad. The recapitulation sets forth the physical location of the cash.
SCHEDULE 4:
This schedule sets forth in detail the analysis of balances due to the various departments on appropriations made by the General Assembly as of June 30, 1939. The total amount of these unpaid balances, after reductions made because of insufficiency of revenue receipts is $5,546,467.83 whereas the cash on hand June 30, 1939, as reflected by Schedule 3 is $5,616,191.43. This leaves an unallocated surplus on June 30, 1939, of $69,723.60. This surplus is occasioned by being too small an amount to make equitable distribution on appropriations and will be carried

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EXPLANATION OF REPORT (Continued)
over into the next fiscal year as a general fund receipt. Based on revenue receipts for this period 60% was paid on General Fund appropriations.
SCHEDULE 5:
This schedule sets forth in detail the statement of Cash Balances on deposit in various State Depository banks and collateral deposited with Bond Commissioner to cover same, as of June 30, 1939. The fact that the total amount on deposit is in excess of collateral is occasioned by the fact that large deposits were made of advalorem tax collections on the last few days of the month. The law allows the Treasurer ten days in which to bring deposits within amount of collateral or require additional collateral and this law has been strictly adhered to. Departmental warrants against appropriations in the first few days of January, 1940, reduced deposits within amount of collateral. When I assummed office as State Treasurer in April, 1933, the Treasury Department only had thirty-one State Depositories. I adopted the policy that monies should be kept in as many banks in Georgia as possible. It will be noted that on June 30, 1939, I had one hundred and thirty seven State Depositories.
SCHEDULE 6:
This schedule reflects the receipts and disbursements in detail in the Delinquent Fuel Oil Tax for the period begun July 1, 1938, and ended June 30,1939. This account was established as a special account under authority of Executive Order of the Governor dated March 15, 1937, which provides that collections shall be held in Special Account until all amounts set forth are collected and shall then be put in the General Treasury.
SCHEDULE 7:
This schedule reflects the receipts and disbursements in the State Properties Commission account for the period begun July 1, 1938, and ended June 30, 1939. The State Properties Commission consisting of the Governor, Chairman of the Public Service Commission and the Treasurer was established by the General Assembly in 1935 (see Georgia Laws of 1935 page 468) under an Act approved March 28, 1935. This Commission was vested with authority to lease and manage the hotel properties belonging to the State of Georgia consisting of the Plaza and Eastern Hotels in Chattanooga, Tenn. The rentals collected are deposited in a Special Account out of which taxes are paid on the properties and balances at the end of each fiscal year are put in the General Treasury. The report of the State Properties Commission to the Legislature will reflect the details of the operation of these properties.
SCHEDULE 8:
This schedule reflects the receipts and disbursements of the Unemployment Compensation Funds in the various accounts for the period begun July 1, 1938, and ended June 30, 1939. These funds are carried in three separate Special Accounts under authority of an Act of the General Assembly approved March 29, 1937 (see Georgia Laws of 1937 page 822, section 9.) The Treasurer of Georgia is Custodian of these funds and furnishes the Commissioner of Labor a special surety bond in the amount of $50,000.00 as security. The funds in the Trust Fund are in the hands of the United States Treasury and the Treasurer of Georgia holds official receipt from the Treasurer of the United States for their safe keeping.
10

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EXPLANATION OF REPORT (Continued)
SCHEDULE 9:
This schedule reflects the receipts and disbursements of the United States Employment Service Fund for the period begun July 1, 1938, and ended June 30, 1939. These funds are carried in a Special Account under authority of the Wagner-Peyser Act of Congress of the United States and an Act of the General Assembly of Georgia approved March 29, 1937 (see Georgia Laws of 1937, section 13-B, page 834). The Treasurer acts as Custodian for the Federal Government to receive remittances from them and holds them in the Special Account until sufficient funds are in the General Treasury to the credit of this division of the Labor Department to match same, when they are paid into the General Treasury to the proper credit.
SCHEDULE 10:
This schedule reflects the receipts and disbursements of the Federal Aid for Education for the period begun July 1, 1938, and ended June 30, 1939. These funds are carried in two separate Special Accounts under authority of Acts of the Congress of the United States approved February 17, 1917, and June 2, 1920, and Acts of the General Assembly of Georgia approved August 21, 1917, (see Georgia Laws of 1917, page 200, code section 322201), and August 16, 1920, (see Georgia Laws of 1920, pages 279-280, code section 32-2301).
SCHEDULE 11:
This schedule reflects the receipts and disbursements of the National Industrial Recovery Fund for Highways for the period begun July 1, 1938, and ended June 30, 1939. The Treasurer acts as Custodian of these funds for the Federal Bureau of Roads and makes complete detail report to them monthly of the operation of this fund.
SCHEDULE 12:
This schedule reflects the total amount of checks received for Federal Aid in various operations and endorsed by the Treasurer of Georgia to the Governor and by him to the various departments for the period begun July 1, 1938, and ended June 30, 1939. These are carried by the Treasury Department as Memorandum Accounts.
SCHEDULE 13:
This schedule reflects in detail the Bonded Debt against General Fund of the State of Georgia as of June 30, 1939. The debt due the University of Georgia arose from the following sources: Under Act of the Congress of the United States approved July 2, 1862, certain lands were given to the State of Georgia for the purpose of creating a fund to establish a State College of Agricultural and Mechanical Arts. These lands were accepted by the General Assembly of Georgia by an Act approved March 10, 1866, (see Georgia Laws of 1865-6 page 5.). Under authority of an Act of the General Assembly approved September 30, 1881 (see Georgia Laws of 1881, pages 101-2.) the Trustees of the University of Georgia could present to the Treasurer of Georgia for redemption any valid matured bond of the State of Georgia owned by them and receive in exchange an obligation in the nature of a bond falling due fifty years from date of said issue, bearing interest at the rate of (7%) seven per cent per annum, payable semi-
11

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annually on the first day of January and July. These bonds are nonnegotiable, non-transferable permanent bonds. This Act was amended by the General Assembly by an Act approved December 20, 1898 (see Georgia Laws of 1898, pages 68-9), to change the interest rate from 7% to 3^%. By an Act of the General Assembly approved March 23, 1935 (see Georgia Laws of 1935, pages 170-1), the entire Act of 1881 as amended in 1898 was repealed and the Act of 1935 provided only valid bonds owned by the University System could be refunded which remained unpaid by the State after the Constitutional Sinking Fund of $100,000.00 was used to retire bonds outstanding and due. The rate of interest payable on the fifty year bonds issued to the Regents of the University System under authority of this Act was changed to 4*4%. This Act also authorized the redemption of the Land Script Fund which was set forth as $242,202.17 in fifty year bonds bearing an interest rate of 5 %. There are still remaining outstanding $12,500.00 in bonds at the rate of 7% and $9,000.00 in bonds at the rate of 31/2% interest. When these come due they will be redeemed by new bonds at 414 % interest.
The analysis of General State of Georgia Bonds is self explanatory. It will be noted that there is in reserve for payment of bonds the sums of $41,000.00 and $4,040.00 which can be used to reduce the statutory appropriation for payment of bonds in the next appropriation bill from $100,000.00 to $54,960.00. The $41,000.00 was occasioned by the University System presenting bonds owned by them to this amount and receiving fifty year bonds in redemption. The $4,040.00 was occasioned by sale of lands at Milledgeville to the State Hospital Authority. SCHEDULES 14 AND 15:
These schedules reflect in detail the distribution of the receipts from Fuel Oil Tax for the period begun July 1, 1938, and ended June 30, 1939. They are self explanatory. SCHEDULE 16:
This schedule sets forth the Collateral Bonds deposited with the State Treasurer in his capacity as Bond Commissioner as of June 30, 1939, and is self explanatory.
12

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Consolidated Statement of All Cash Fund Handled by Treasury Department

JULY 1, 1938, TO JUNE 30, 1939

Cash Handled Through General Treasury for Period--Exh. B
Cash Handled Through Special Fund Accounts--Exh. C

$52,061,648.60 20,385,873.57

Total Cash Handled by Treasury Department

$72,447,522.17

EXHIBIT A 13

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Consolidated Statement of Receipts and Disbursements General Treasury

JULY 1, 1938, TO JUNE 30, 1939

Cash Balance on Hand July 1, 1938 Cash Receipts for Period--Sch. 1

$ 3,650,628.88 48,411,019.72

Total Cash to Be Accounted for
Cash Disbursements for Period--Sch. 2 Cash Balance June 30, 1939--Sch. 3

$46,445,457.17 5,616,191.43

$52,061,648.60

Total Cash Accounted for--Exh. A

$52,061,648.60

EXHIBIT B 14

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Consolidated Statement of Receipts and Disbursements Special Fund Accounts

JULY 1, 1938, TO JUNE 30, 1939

Cash Balance on Hand July 1, 1938:

Delinquent Fuel Oil Tax

$

State Properties Commission--

Unemployment Compensation

Clearing Account

Nat'l. Ind. Recovery Trust Fund

30,300.46 9,542.46
511,344.87 501,124.79 $ 1,052,312.58

Cash Receipts for Period:

Delinquent Fuel Oil Tax

$ 5,600.00

State Properties Commission

9,768.75

Unemployment Compensation Clearing Account ,

8,478,773.49

Benefit Payment Account

2,000,000.00

U. S. Employment Service

72,793.00

Federal Rehabilitation

44,967.45

Federal Vocational

606,288.41

Federal Aid Highway

Construction

4,589,635.42

Nat'l. Ind. Recovery Trust Fund 739,040.26

Federal Aid Agriculture and

Mechanic Arts

105,568.93

Federal Aid Public Health

471,377.27

Federal Aid Social Security

2,209,748.01 $19,333,560.99

Total to Be Accounted for__

$20,385,873.57

Cash Disbursements for Period:
State Properties Commission Unemployment Compensation
Clearing Account Benefit Payment Account U. S. Employment Service Federal Rehabilitation Federal Vocational Federal Aid Highway Construction

$ 5,650.68
8,350,000.00 1,900,000.00
72,793.00 44,967.45 606,288.41
4,589,635.42

EXHIBIT C 15

Consolidated Statement of Receipts and Disbursements Special Fund Accounts

(Continued)

Nat'l. Ind. Recovery Trust Fund $ 828,003.28

Federal Aid Agriculture and

Mechanic Arts

105,568.93

Federal Aid Public Health

471,377.27

Federal Aid Social Security

2,209,748.01 $19,184,032.45

Cash Balance on Hand June 30, 1939:

Delinquent Fuel Oil Tax

$

State Properties Commission

Unemployment Compensation Clearing Account

Benefit Payment Account Nat'l. Ind. Recovery Trust Fund

35,900.46 13,660.53
640,118.36 100,000.00 412,161.77 $ 1,201,841.12

Total Accounted for--

Exh. A

,

$20,385,873.57

EXHIBIT C 16

Analysis of Cash Receipts General Treasury

SOURCE

JULY 1, 1938, TO JUNE 30, 1939

GENERAL FUND

ALLOCATED FUNDS

TOTALS

RGCPIT)1"S from TS.XGS *

Alcoholic Beverage and Liquor $ 1,503,303.83 $ 167,033.73 $ 1,670,337.56

Carbonic Acid Gas

56,590.96

6,287.88

62,878.84

Chain Store

245.25

180,907.83

181,153.08

Cigar and Cigarette

2,501,908.19 2,501,908.19

Co-operative Marketing Assn.

207.00

23.00

230.00

Domestic Corporation

263,392.21

29,269.95 292,662.16

Foreign Corporation License. 105,329.25

11,703.25

117,032.50

Fuel Oil

457,704.44 19,861,534.79 20,319,239.23

Income

4,388,155.70 633,709.13 5,021,864.83

Inheritance

213,916.42

23,768.47 237,684.89

Insurance Agents

85,913.55

9,545.95

95,459.50

Insurance Premium

1,049,509.34 116,612.14 1,166,121.48

Intangible Property

101,154.31

12,348.82 113,503.13

Interest on Advalorem

35,178.26

3,908.70

39,086.96

Kerosene Oil

22.30 237,828.22 237,850.52

Machinery and Equipment--

2,007.00

223.00

2,230.00

Malt Beverage

935.31 1,153,820.17 1,154,755.48

Malt Syrup

,

10.13

1.13

11.26

Mileage Tax--Prior 1929 Law

2,274.28

16,898.05

19,172.33

Motor Bus and Truck

Maintenance

117.28

4,226.60

4,343.88

Occupation

460,582.14

51,200.34 511,782.48

Oyster and Shrimp

20.59

742.02

762.61

Poll

232,220.44

25,802.27 258,022.71

Professional Property--Advalorem

73,681.85 3,305,605.54

8,191.25 367,286.75



81,873.10 3,672,892.29

Public Service Corporation.-- 786,042.74

87,338.07 873,380.81

Rolling Store

12.61

6,474.89

6,487.50

Sewing Machine

1,719.00

191.00

1,910.00

Soft Drink Syrup

13,115.81

1,457.32

14,573.13

Wine

141.68 174,787.06 174,928.74

Total

$13,139,161.36 $25,694,977.83

$38,834,139.19

Receipts From Fees:

Athletic Commission

$

Bank Examination

Bank Liquidation

Board of Penal Correction

Building and Loan Association

Corporation Charter

Dairy

Driver License

Egg

Farmer's Market

Feed Inspection

Fertilizer Inspection

$ 933.87
1,164.51 95.03
7,164.48 343.94
3,440.67 1,463.58 6,315.96

2,918 95 $ 33,654.58 9,856.96
156,477.39 1,040.00 6,499.26 3,424.39
258,186.52 12,394.07
123,991.81 52,743.34 227,608.79

SCHEDULE 1

2,918.95 34,588.45
9,856.96
156,477.39 1,040.00 7,663.77 3,519.42
265,351.00 12,738.01
127,432.48 54,206.92 233,924.75

17

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Analysis of Cash Receipts

General Treasury (Continued)

SOURCE

JULY 1, 1938, TO JUNE 30, 1939

GENERAL FUND

ALLOCATED FUNDS

TOTALS

Fishing License Hunting License Insurance Examination Insurance Land Title Registration Rural Electric Companies Milk Control Miscellaneous Motor Carrier's
Motor Vehicle Professional Examinations Security Dealers

$

750.93 $ 27,057.59 $ 27,808.52

2,973.29 107,149.46 110,122.75

477.00

53.00

530.00

68,751.90

7,639.10

76,391.00

145.43

145.43

227.25

25.25

252.50

1,189.08

42,849.87

44,038.95

16,461.96

26,394.06

42,856.02

2,092.77

75,417.23

77,510.00

133,386.15 1,754,630.46 1,888,016.61

2,400.71

86,514.70

88,915.41

407.13

14,672.05

15,079.18

Total

$

Receipts From Assessments:

Fire Inspection

$

Industrial Relations

Public Service Corporations. _

250,040.21 $ 3,031,344.26

$ 1,679.47

2,441.71 $ 98,164.66 60,523.41

$ 3,281,384.47
2,441.71 98,164.66 62,202.88

Total
Receipts From Sales: Miscellaneous W. and A. Warrants Public Property

$ 1,679.47 $ 161,129.78

$ 162,809.25

$

829.61 $

92.14 $

921.75

2,527,222.35 2,527,222.35

4,040.00

4,040.00

Total
Receipts From Investments: Dividend on Stocks Rents--Sundry W. and A. Railroad

$

829.61 $ 2,531,354.49

$ 2,532,184.10

$ 2,001.60 $

222.40 $ 2,224.00

22,631.57

2,514.49

25,146.06

540,000.00 540,000.00

Total

$ 24,633.17 $

Receipts from Miscellaneous:

National Forest Reserve

$

$

Grants from Federal Gov't.__

Refunds

10,159.72

Temporary School Loan

2,180,000.00

542,736.89

$

3,700.12 $ 3,70012 711,524.68 711,524.68 127,748.13 137,907.85
2,180,000.00

567,370.06

Total
Total Cash Receipts: General Treasury
Exh. B.

$ 2,190,159.72 $ 842,972.93
$15,606,503.54 $32,804,516.18 SCHEDULE 1 18

$ 3,033,132.65
$48,411,019.72 '

Analysis of Disbursements General Treasury

DEPARTMENT

JULY 1, 1938, TO JUNE 30, 1939

GENERAL FUND

ALLOCATED FUNDS

TOTALS

Agriculture: Operations Bangs Disease Operations Other Operations

$

$ 426,230.81 $ 426,230.81

2,800.00

31,755.59

34,555.59

460,786.40

Athletic Commission Audits Banking Comptroller:
Fire Inspection Other Operations

56,099.97 61,591.90

3,118.68 45,019.81
4,345.11

4,345.11 61,591.90

3,118.68 56,099.97 45,019.81
65,937.01

Confederate Pensions: Operations
Pensions

1,546.97

1,216.67 929,821.00

2,763.64 929,821.00

932,584.64

Education: Operations Equalization Fund Text Book Fund

5,504,619.81

5,504,619.81
3,644,718.29 1,166,702.35 4,811,420.64 10,316,040.45

Entomology: Operations Sea Island Cotton

50,197.52 4,311.76

54,509.28

Governor: Operations Repairs--Legislature Repairs--Mansion
Publishing Codes Repairs--Capitol Plant and Insect Disease

167,991.08 29,510.59 20,678.76
15.00 16,083.72 31,550.00

265,829.15

Highway: Fuel Oil Tax
Motor Carrier Fees and Mileage Tax
Motor Vehicle Fees Rural Post Roads

12,362,029.44
36,120.87 1,304,569.91
347,067.34

14,049,796.56

Labor: Employment Operations
Operations

72,960.10 23,033.33

95,993.43

Unemployment Compensation. Industrial Board

711,524.68 98,164.66

809,689.34

905,682.77

SCHEDULE 2 19

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Analysis of Disbursements General Treasury (Continued)

DEPARTMENT
Law Library:
Operations New Books Printing Reports

JULY 1, 1938, TO JUNE 30, 1939

GENERAL FUND

ALLOCATED FUNDS

$ 37,600.00 $

$

7,237.46 3,563.56 9,801.95

TOTALS
$ 37,600.00
20,602.97

Library Commission: Operations Rural Library

6,600.00 4,950.00

11,550.00

Military: Operations Riot Duty

76,000.00 12,730.61

88,730.61

Milk Control Board Natural Resources:
Forestry Division Mining and Geology Parks
Wild Life

95,696.21 55,214.30 47,099.99

39,749.92

151,672.29

198,010.50 151,672.29

39,749.92 349,682.79

Penal Correction Board Planning Board Prison and Parole Commission--. Public Health:
Operations Alto Hospital
Public Safety Public Service Commission:
Utilities Division Motor Carriers Public Welfare: Building Construction Institutions--Buildings
and Equipment School for Deaf

272,240.84 18,128.19 54,787.69
530,481.03 189,600.00

108,260.38

242,699.18

530,481.03 432,299.18

370,865.94
71,564.57 59,756.77
' 935,072.27

284,241.52 75,816.67 1,295,130.46

380,501.22 18,128.19 54,787.69
962,780.21 370,865.94
131,321.34

Institutions--Operations
Institutions--Special Pensions
Operations

1,521,913.43
271,035.00 2,535,750.02
354,116.79

4,682,815.24 5,977,945.70

SCHEDULE 2 20

Analysis of Disbursements General Treasury (Continued)

DEPARTMENT
Radio Commission Revenue:
Operations Refunds--Income Tax
Other Taxes

JULY 1, 1938, TO JUNE 30, 1939

GENERAL FUND

ALLOCATED FUNDS

$

$ 28,500.00 $

TOTALS
$ 28,500.00

- 226,973.66 421,404.25 648,377.91

5,099.66

42,203.70

47,303.36 695,681.27

Secretary of State: Operations Examining Boards Securities Division Building and Loan Division-- Corporations Division

23,100.00

104,363.42 20,343.52
958.50 6,118.98

23,100.00 131,784.42

154,884.42

State Treasury:
Operations Public Debt--Principal
Interest Temporary School Loan Interest Temporary Loan W. and A. Warrants County Road Fund W. and A. Discount--
Grants to Counties National Forest Reserve
Supreme Court Court of Appeals Superior Courts Legislative Expense

24,800.00 190,000.00 175,013.85 2,180,000.00
5,935.92
82,846.55 74,455.38 211,411.12 321,382.13

540,000.00 3,245,395.25
1,263,611.18 3,700.12

5,052,706.55

3,265,844.95

8,318,551.50

University System:
Operations Buildings and Equipment Tobacco Treatment Soil Conservation

1,155,000.00 453,000.00 13,200.00 6,103.68

Veterans Service

20,885.00

Total--General Fund

$17,390,703.82

Allocated Fund...

$29,054,753.35

Total Disbursements-- Exh. B

SCHEDULE 2

21

1,627,303.68 20,885.00
$46,445.457.17

Analysis of Cash on Hand General Treasury

Advances--Bond Coupons Sinking Fund--Public Debt Agriculture Department Banking Department Comptroller--Fire Inspection
Confederate Pensions:
Operations Pensions

JUNE 30, 1939

$

$

403.75

149,540.00

74,428.51

188.22

30.13

283.33 207,897.72

208,181.05

Education--Text Book Fund
Governor: Stabilization Fund--General-- Highway-
Highway Department: Fuel Oil Tax Mileage Tax Rural Post Roads

34,677.46 815,766.48
667,213.22 601.16
84,512.93

107,701.66 850,443.94 752,327.31

Board of Penal Corrections Department Public Health--Alto. Department Public Safety
Public Service Commission:
Utilities Division Motor Carrier's Division

77,216.48 24,968.42

43,395.31 10,023.05 3,731.42
102,184.90

Department Public Welfare-- Institutions
Department of Revenue
Secretary of State:
Examining Boards Securities Division Building and Loan Assns

5,068.29 412.49
22.50

29,584.26 25,319.24
5,503.28

Radio Commission

16,500.00

SCHEDULE 3 22

^^^HHH^^^H^^HH

Analysis of Cash on Hand General Treasury (Continued)

JUNE 30, 1939

Treasury Department:

Land Title Registration Fund. $ 4,214.10 $

W. and A. Rental Discounts-..

45,000.00

Counties Road Fund _

280,767.77

$ 329,981.87

General Fund

2,906,723.53

Total Cash Balance June 30, 1939--Exh. B__.

$ 5,616,191.43

Recapitulation: On Deposit in State Depositories--Sen. 5 Un-deposited Receipts Cash in Drawer Cash in Vault Bond Coupons
Total

$ 5,599,587.19 5,499.97 4,050.52 6,650.00 403.75
$ 5,616,191.43

SCHEDULE 3 23

HnHHHHRHHHH^n

Analysis of Balances Due on Appropriations

DEPARTMENT

JUNE 30, 1939

GENERAL ALLOCATED

FUND

FUNDS

TOTALS

Agriculture:
Operations Bangs Disease

$

$ 74,428.51 $ 74,428.51 $

3,200.00

3,200.00 77,628.51

Audits Banking Comptroller General
Fire Inspection Operations
Confederate Pensions:
Operations Pensions

15,346.93 12,010.99
3,190.03

188.22 30.13
283.33 207,897.72

3,473.36 207,897.72

15,346.93 188.22
12,010.99 30.13
211,371.08

Education: Operations Text Book Fund
Entomology: Operations Sea Island Cotton

1,571,536.98

1,571,536.98 107,701.66 107,701.66 1,679,238.64

3,040.00 590.69

3,630.69

Governor: Capitol Repairs Legislative Repairs Mansion Repairs Publishing Codes Plant and Insect Disease
Stabilization Fund--General Highway__.
Highway: Fuel Oil Tax Mileage Tax Rural Post Roads
Labor: Employment Operations General Operations
Law Library:
Operations New Books Printing Reports

64.91 3,094.56
60.30 80.60
6,050.00

34,677.46 815,766.48

9,350.37 850,443.94

859,794.31

667,213.22 601.16
84,512.93

752,327.31

3,000.00 1,000.00
2,000.00
400.00 3,550.91
600.00

4,000.00 2,000.00
4,550.91

SCHEDULE 4 24

n

Analysis of Balances Due on Appropriations (Continued)

DEPARTMENT

JUNE 30, 1939

GENERAL ALLOCATED

FUND

FUNDS

TOTALS

Library Commission:
Operations Rural Libraries

587.30 300.00

887.30

Military
Natural Resources: Forestry Division Mines and Geology Parks Division

14,520.44
8,863.79 7,406.41 9,375.01

14,520.44 25,645.21

Penal Correction Board Planning Board Prison and Parole Commission-
Public Health:
Operations Alto Sanitorium Public Safety
Public Service Commission: Utilities Division Motor Carrier's Division

65,480.00 4,051.75 23,548.20
24,000.00 9,600.00

43,395.31
10,023.05 3,731.42
77,216.48 24,968.42

24,000.00 19,623.05

108,875.31 4,051.75 23,548.20
43,623.05 3,731.42

102,184.90

Public Welfare:
Operations--Institutions General
Pensions

382,725.51 15,036.00
126,000.00

523,761.51

Buildings and Grounds
Radio Commission Revenue:
Operations Income Tax Refunds

67,145.59 30,000.73

29,584.26 16,500.00 25,319.24

29,584.26
92,464.83 30,000.73

553,345.77 16,500.00
122,465.56

Secretary of State:
Operations Examining Boards Securities Division Building and Loan

1,400.00

5,068.29 412.49 22.50

1,400.00 5,503.28

6,903.28

SCHEDULE 4 25

HVMHH^^HnHHRn^nnRK^BBBaBn^nm8raRHmE^aB^ra^HBran^^aBR^^mnamara^raHiHl

Analysis of Balances Due on Appropriations (Continued)

DEPARTMENT
Treasury:
Operations Public Debt--Principal
Interest Temporary Loan--Interest W. and A. Rental Warrants County Road Grant Supreme Court Court of Appeals Superior Court Legislative Expense Land Title Registration
University System: Operations Tobacco Treatment Soil Conservation

JUNE 30, 1939

GENERAL ALLOCATED

FUND

FUNDS

TOTALS

$ 1,200.00 $

$ 1,200.00 $

149,540.00 149,540.00

1.00

1.00

10,564.08

10,564.08

45,000.00 45,000.00

280,767.77 280,767.77

18,438.48

18,438.48

5,650.31

5,650.31

7,503.05

7,503.05

594.62

594.62

4,214.10

4,214.10 523,473.41

370,000.00 800.00
2,594.51

373,394.51

Veteran Service

1,200.00

1,200.00

Total General Funds Allocated Funds Balances Due

$2,837,403.68 ~ $2,709,064.15

$5,546,467.83

SCHEDULE 4 26

Statement of Cash Balances in State Depositories and Collateral

Location

JUNE 30, 1939
Name of Depository

Balance On Deposit

Amount of Collateral

Albany

City National Bank

$ 40,166.36 $ 45,000.00

Albany Exchange National Bank___ 2,975.32

5,000.00

Americus Bank of Commerce

18,993.95 21,000.00

Citizens Bank

4,500.00

7,000.00

Ashburn

Ashburn Bank

4,540.45

6,500.00

The Citizens Bank

2,664.31

7,000.00

Athens

*Citizens & Southern Natl. Bank___ 6,261.71

Atlanta

*Citizens & Southern Natl. Bank___ 480,733.03 500,000.00

*Cit. & Sou. Nat'l. (Mitchell Street) 25,624.95

East Atlanta Bank

4,702.00

5,600.00

First National Bank

1,641,098.18 1,100,000.00

First National Bank (West End) ___ 7,110.65 15,000.00

Fulton National Bank

1,211,447.18 835,000.00

Fulton National Bank (Peachtree)_ 74,991.32 100,000.00

Fulton Nat'l. Bank (Candler Bldg) _ 127,000.00

Fulton Nat'l. Bank (W. & A. Fund) 10,023.05

Southside Atlanta Bank

9,500.00 10,981.12

Trust Company of Georgia _-- 302,360.18 400,000.00

Augusta

*Citizens & Southern Nat'l. Bank___ 96,341.00

Georgia Railroad Bank & Trust Co._ 98,437.16 100,000.00

Bainbridge First State National Bank

9,641.19 10,000.00

Ball Ground___Citizens Bank

4,970.00

5,000.00

Barnesville First National Bank

9,014.15 14,000.00

Baxley

Baxley State Bank

9,000.00 10,000.00

Blythe

Farmers Bank

8,440.00 11,392.94

Brunswick Brunswick Bank & Trust Company 12,009.01 25,000.00

National Bank of Brunswick

24,033.47 25,000.00

Buena Vista--Buena Vista Loan & Savings Co

8,500.00 13,000.00

Butler

Citizens State Bank

4,775.78

5,000.00

Cairo

Cairo Banking Company

4,711.63

7,000.00

Citizens Bank

3,018.71

5,000.00

Calhoun

Calhoun National Bank

9,112.63 14,000.00

Camilla

Bank of Camilla

9,933.68 12,000.00

Planters & Citizens Bank

9,593.49 14,000.00

Canton

Etowah Bank

3,500.00

7,000.00

Bank of Canton

20,000.00 23,950.99

Carrollton Peoples Bank

9,207.12 14,000.00

Cartersville First National Bank

39,169.99 40,000.00

Cedartown Commercial Bank

14,985.52 15,000.00

Liberty National Bank

13,441.05 18,000.00

Chatsworth--.Cohutta Banking Company

4,500.00

8,981.08

Chickamauga--Bank of Chickamauga

8,945.34 15,000.00

Colquitt

Citizens Bank

4,952.45

6,000.00

Cochran

State Bank of Cochran

4,774.11

5,000.00

Columbus First National Bank

44,414.01 52,647.45

Cordele

First State Bank

5,771.67 10,000.00

Cornelia

Cornelia Bank

9,120.45 10,000.00

First National Bank

8,878.47 10,000.00

SCHEDULE 5

27

Statement of Cash Balances in State Depositories and Collateral (Continued)

JUNE 30, 1939

Location

Name of Depository

dimming Bank of Cumming

Cuthbert

Citizens Bank

Dahlonega .Bank of Dahlonega

Dallas

First National Bank

Dalton

-First National Bank

Dawson

Hardwick Bank & Trust Co Bank of Dawson

Bank of Terrell County

Decatur

First National Bank of Atlanta

Fulton National Bank of Atlanta

Douglasville--First National Bank

Dublin

Citizens & Southern Bank

Dudley

.Bank of Dudley

Eastman

Bank of Eastman

East Point Bank of Fulton County

Elberton

Granite City Bank

First National Bank

Ellijay

Bank of Ellijay

Forsyth

Monroe County Bank

Citizens Bank of Forsyth

Franklin

Bank of Heard County

Greensboro Bank of Greensboro

Gainesville Gainesville National Bank

Citizens Bank

Glennville Glennville Bank

Gray

Bank of Gray

Greenville Greenville Banking Company

Griffin

Commercial & Savings Bank

Haddock

Jones County Bank

Hahira

Citizens Bank of Hahira

Harlem

Bank of Columbia County

Jackson

Jackson National Bank

Jefferson

First National Bank

Jesup

Brunswick Bank & Trust Company

Jonesboro Bank of Jonesboro

LaFayette Bank of LaFayette

LaGrange Citizens & Southern Bank

Lavonia

First National Bank

Lawrenceville_.Brand Banking Company

Lumpkin

Farmers State Bank

Metter

Metter Banking Company

Milledgeville__.Milledgeville Banking Company

Merchants & Farmers Bank

Exchange Bank

Macon

First Nat'l. Bank & Trust Co

Madison

First National Bank

SCHEDULE 5

Balance
On Deposit
4,654.30 4,776.45 5,028.28 4,833.08 30,000.00 3,984.79 4,700.08 4,000.00 74,890.31 43,691.37 4,804.96 13,859.22 9,297.89 4,526.61 18,500.00 6,947.81 7,000.00 13,290.83 4,737.85 4,692.28 9,965.41 8,000.00 13,514.30 8,000.00 9,560.24 8,500.00 4,668.78 9,872.64 4,000.00 3,500.00 5,000.00 4,000.00 9,549.72 8,394.33 9,676.97 3,897.40
8,000.00 14,482.56 3,759.97 4,677.91 9,590.94 6,388.73 4,500.00 9,805.27 30,693.12 4,906.75

Amount of
Collateral
5,000.00 5,000.00 8,000.00
5,000.00 30,000.00
7,000.00 5,000.00 5,000.00 75,000.00 50,000.00 7,000.00 15,000.00 11,000.00 7,000.00 25,000.00 10,000.00 10,000.00 14,458.07 5,000.00 6,000.00 11,479.07 9,900.00 15,000.00 13,564.95 10,000.00 11,057.94 6,000.00 12,000.00 7,000.00 5,000.00 5,000.00 6,000.00 10,000.00 20,000.00 10,000.00 10,000.00 10,000.00 15,000.00 5,000.00 7,000.00 10,000.00 10,000.00 5,000.00 11,000.00 50,000.00 5,000.00

28

Statement of Cash Balances in State Depositories

and Collateral

Location

(Continued)
Name of Depository

Balance On Deposit

Amount of Collateral

Manchester Bank of Manchester

Marietta

First National Bank

Monroe

National Bank of Monroe

Moultrie

Moultrie National Bank

Moultrie Banking Company

Mount Vernon_Mount Vernon Bank

McDonough First National Bank

Newnan

Manufacturers National Bank

Ocilla

First National Bank

Oglethorpe Bank of Oglethorpe

Pembroke Pembroke State Bank

Rockmart Rockmart Bank

Roberta

Crawford County Bank

Rome

First National Bank

National City Bank

Reidsville The Tattnall Bank

Richland

Richland Banking Company

Rutledge

Bank of Rutledge

Savannah Savannah Bank & Trust Company-

Liberty Nat'l. Bank & Trust Co.--

Citizens Bank & Trust Co

"Citizens & Southern Nat'l. Bank-

Summerville Farmers & Merchants Bank

Swainsboro The Central Bank

Sylvania

Bank of Screven County

Statesboro Bulloch County Bank

Thomaston Citizens & Southern Bank

Thomasville Commercial Bank

Bank of Thomas County

Tifton

Bank of Tifton

Toccoa

Bank of Toccoa

Union Point Farmers Bank

Bank of Union Point

Vienna

Citizens Bank

Vidalia

Darby Banking Company

Valdosta

"Citizens & Southern Nat'l. Bank-

First National Bank

Wadley

Bank of Wadley

Washington--Washington Loan & Banking Co._

Waycross First National Bank

Commercial Bank

Waynesboro--First National Bank

Woodbury Woodbury Banking Company

4,970.12 29,167.66
14,601.05 5,957.34
12,000.00 5,861.18
9,205.47 21,702.40
4,970.38 1,293.38
13,838.29
4,900.00 4,576.01
5,728.50
95,124.03 8,157.83 4,500.00 4,500.00
48,247.30 42,000.00
20,495.87 50,000.00
9,458.91 9,388.01
4,700.00 18,226.18 4,562.92
9,973.81 21,000.00
9,500.41 9,685.04
7,000.00
9,000.00 9,525.76
4,656.87 8,045.04
4,500.00 9,864.42
14,314.37 9,500.00 24,424.80 9,412.11
8,045.86

5,000.00 30,000.00 18,000.00 10,000.00 15,000.00 6,000.00 10,000.00 25,000.00
5,000.00 5,000.00 20,050.00 5,000.00 5,000.00 10,000.00 100,000.00 8,500.00 5,000.00 6,500.00 50,000.00 50,000.00 30,000.00
13,000.00 10,000.00 6,000.00 25,000.00 5,000.00 10,000.00 21,000.00 11,000.00 10,000.00 10,000.00 10,000.00 10,000.00 5,000.00
5,000.00 10,000.00 19,000.00 10,000.00 25,000.00 11,000.00 10,000.00

Total Cash Balances in State Depositories--Sch. 3

$5,599,587.19

Total Collateral in Hands of Bond Commissioner--Sch. 16

$4,814,563.61

"Covers all Citizens and Southern National Bank Branches.

29

Receipts and Disbursements Delinquent Fuel Oil Tax

JULY 1, 1938, TO JUNE 30, 1939

Balance on Hand July 1,1938--_
Receipts for Period: Colonial Oil Company City of Columbus Taylor County Jones County Dougherty County

$
600.00 2,000.00 1,000.00 1,000.00 1,000.00

$30,300.46

Total Receipts

5,600.00

Total to Be Accounted for

$35,900.46

Balance in Special Account First National Bank, Atlanta, June 30, 1939
Total Accounted for

$35,900.46 . $35,900.46

SCHEDULE 6 30

^--i iPi"!i'lriTiTHTiWliiriiiTiii iniiff'i ii i -- II T i 'I il

Receipts and Disbursements State Properties Commission

JULY 1, 1938, TO JUNE 30, 1939

Balance on Hand July 1, 1938-- $

$ 9,542.46

Receipts for Period: Rentals: Plaza Hotel Eastern Hotel

5,568.75 4,200.00

Total Receipts

9,768.75

Total to Be Accounted for

Disbursements for Period: Taxes: City of Chattanooga-- Hamilton County
Total Disbursements Balance in Special Account
First National Bank, Atlanta, June 30, 1939
Total Accounted for

3,007.62 2,643.06

5,650.68 13,660.53

$19,311.21 $19,311.21

SCHEDULE 7 31

i--i--ri-T"rT^--in mi IIIIIHI.*IIHIIMIIIIIIIIIIIIIIIIIIIJII mjiMyiiiiirTr^TinnnnBTmrrai inn iiiiiiiiiiyiiiiiimTO7mniiimMBmiTiBaMg

Receipts and Disbursements Unemployment Compensation Funds

JULY 1, 1938, TO JUNE 30, 1939

CLEARING ACCOUNT

Balance on Hand July 1, 1938-Receipts From Taxes for Period

$ 511,344.87 8,478,773.49

Total to Be Accounted for

$ 8,990,118.36

Disbursements to U. S. Treasury for Period
Balance in Special Account
First National Bank, Atlanta, June 30, 1939

8,350,000.00 640,118.36

Total Accounted for

$ 8,990,118.36

TRUST FUND

Balance on Hand July 1, 1938--
Receipts: Transfers From Clearing Account Interest Earned

$
8,350,000.00 298,996.50

$10,813,255.75 8,648,996.50

Total to Be Accounted for

$19,462,252.25

Disbursements for Period:
Transfers to Benefit Payment Control
Balance in Special Account Treasurer of United States, Washington

$ 2,000,000.00 17,462,252.25

Total Accounted for

$19,462,252.25

BENEFIT PAYMENT CONTROL ACCOUNT

Receipts for Period:

Transfers From Trust Fund__

$ 2,000,000.00

Total to Be Accounted for

$ 2,000,000.00

Disbursements for Period: Transfers to Benefit Payment Account
Balance in Special Account First National Bank, Atlanta, June 30, 1938
Total Accounted for
SCHEDULE 8
32

1,900,000.00
100,000.00 $ 2,000,000.00

aggHif

^^HHHHH|aHHHH|y||^UBHHBH^BHBHHH|HHB|^BB||B||^HHBBHBHHBBH^H^^^HHa^^^^^H^HgH_^

Receipts and Disbursements United States Employment Service

JULY 1, 1938, TO JUNE 30, 1939

Receipts for Period: From Federal Government

$72,793.00

Total to Be Accounted for

Disbursements for Period: Transfers to Labor Department Total Accounted for

$72,793.00

$72,793.00 $72,793.00

SCHEDULE 9 33

HaPHB^^^^^HHBaaHBBHH^anBBHHaH^anBBniB^Bran^raa^nBBnH^&nBn^ra^HBniraHMB

Receipts and Disbursements

Federal Aid -- Education

JULY 1, 1938, TO JUNE 30, 1939

REHABILITATION FUNDS

Receipts for Period:

From Federal Government

$ 44,967.45

Total to Be Accounted for

$ 44,967.45

Disbursements for Period: Transfers to Educational Department
Total Accounted for

$ 44,967.45

$ 44,967.45

VOCATIONAL FUNDS

Receipts for Period:

From Federal Government

$606,288.41

Total to Be Accounted for

$606,288.41

Disbursements for Period: Transfers to Educational Department
Total Accounted for

$606,288.41

$606,288.41

SCHEDULE 10 34

Receipts and Disbursements National Industrial Recovery Fund -- Highways

JULY 1, 1938, TO JUNE 30, 1939

Balance on Hand July 1, 1938

$501,124.79

Receipts for Period: From U S. Treasury

739,040.26

Total to Be Accounted for

$1,240,165.05

Disbursements for Period: Payments to Contractors
Balance in Special Account Fulton National Bank, Atlanta, June 30, 1939--

$828,003.28 412,161.77

Total Accounted for

$1,240,165.05

SCHEDULE 11 35

p^j^nH^^HHHI^^^^^HHBHHHHH^^^BH^^Hnn^^HHHB^^^HHnjBH^^^UHp

Statement of Checks Received from Federal Government and Endorsed to Governor

JULY 1, 1938, TO JUNE 30, 1939

Federal Aid:

Highways

$

Endowment and Maintenance

Agricultural and Mechanical

Arts

$ 4,589,635.42 105,568.93

Public Health:

General Venereal Disease Control--- Child Health

266,435.00 77,134.00 127,808.27

471,377.27

Social Security: Aid to Blind Dependent Children Old Age Pensions Child Welfare Crippled Children
Total

75,095.47 386,635.24 1,598,581.59 72,616.99 76,818.72

2,209,748.01 7,376,329.63

SCHEDULE 12 36

llHl^BHHHBH^BHBHHaBHHHll^BHBIHH^BHHHBHHBHBHHHIHHHHBBHB^B^^^H

Statement of Bonded Debt General Fund

Date of Issue

JUNE 30, 1939

Rate of
Interest

Amount

Totals

University of Georgia--Non Negotiable:

1890 Due Oct.

1892

July

1940 _7 % $ 3,000.00 $

1942 . 7 %

2,500.00

1896

July 1946

7 %

7,000.00

12,500.00

1908 1909
1935

Jan. Jan.
July

1958 1959
1985

-3l/2% -3i/2%
5 %

2,000.00 7,000.00
242,202.17

9,000.00 242,202.17

1935

July 1985 _ -41/4%

99,000.00

1935

July 1985 _ -41/4%

39,000.00

1935

July 1985 -41/4%

32,000.00

1936

July 1986 -41/4%

28,000.00

,

1937

July 1987 _ -41/4%

5,000.00

1938

July 1988 -41/4%

5,000.00

1938

July 1988 -41/4%

4,000.00

1939

Feb. 1989

4^4%

15,000.00 227,000.00

Total University of Georgia E onds

General State of Georgia Bonds :

1915 Due July 1, 1939 -41/4%

200,000.00

1915

July 1, 1940 _ -41/4%

200,000.00

1915

July 1, 1941 -41/4%

200,000.00

1915

July 1, 1942 -41/4%

200,000.00

1915

July 1, 1943 _ -41/4%

200,000.00

1915

July 1, 1944 -41/4%

200,000.00

1915

July 1, 1945 -41/4% 1,525,000.00

1926

July 1, 1946 -41/4%

226,000.00

$2,951,000.00

$490,702.17

1922

July 1, 1945 -43/4%

173,000.00

Past Due Bonds Not Presented for Payment:

1866 Due July 1, 1886

None

1,500.00

1876

July 1, 1896

None

1,000.00

1877

Jan. 1, 1889

None

1,000.00

1915

July 1, 1938

None

1,000.00

173,000.00 4,500.00

Total General Bonds
Less Reserves: Constitutional Sinking Fund Statutory Sinking Fund Past Due Bonds Sale of Pronertv

$3,128,500.00

100,000.00 41,000.00 4,500.00 4,040.00

149,540.00

Net General Bonds

2,978,960.00

Net Valid Bonded Debt SCHEDULE 13 37

$3,469,662.17

Statement of Fuel Oil Tax Distribution

JULY 1, 1938, TO JUNE 30, 1939
AMOUNT

Receipts for Period: July--1938 August September October November December January February March April May June

$ 1,595,074.84 1,678,889.26 1,787,886.00 1,684,624.71 1,718,088.96 1,659,037.37 1,763,427.82
. 1,634,710.49 1,582,151.94
,,_ 1,703,178.61 1,766,734.22 1,745,435.01

Total Receipts

Distribution for Period:

General Fund

$ 457,704.44

Department of Revenue

89,604.23

Education Department--Equalization--. 3,369,607.19

Highway Department

11,765,666.11

County Grants

3,268,548.95

Stabilization Fund

1,368,108.31

Total Amount Distributed

TOTAL
$20,319,239.23 $20,319,239.23

SCHEDULE 14 38

^HHMHHHHHnHBHIHBHHHHBHHaBHHHHH^HnHH^HHHMHHM

Statement of Distribution Fuel Oil Tax Grants to Counties

COUNTY
Appling Atkinson
Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien
Bibb Bleckley Brantley
Brooks Bryan
Bulloch Burke Butts Calhoun Camden Candler Carroll Catoosa Charlton Chatham Chattahoochee Chattooga Cherokee Clarke Clay Clayton Clinch
Cobb Coffee
Colquitt Columbia Cook Coweta Crawford Crisp Dade Dawson
Decatur DeKalb Dodge Dooly
Dougherty Douglas

JULY 1, 1938, TO JUNE 30, 1939

AMOUNT

COUNTY

$ 25,288.19 Early

17,510.05 Echols

14,246.03 Effingham

12,517.94 Elbert

16,960.98 Emanuel

,

16,061.82 Evans

12,852.96 Fannin

27,213.83 Fayette

16,772.05 Floyd

28,015.30 Forsyth

19,909.30 Franklin

9,747.07 Fulton

24,819.68 Gilmer

27,692.31 Glascock

22,545.80 Glynn

31,177.50 Gordon

32,289.58 Grady

17,642.47 Greene

15,827.11 Gwinnett

21,241.20 Habersham

14,830.55 Hall

23,604.84 Hancock

7,695.72 Haralson

27,840.46 Harris

18,830.59 Hart

11,316.89 Heard

13,574.34 Henry

16,572.26 Houston

10,567.36 Irwin

13,410.08 Jackson

17,830.75 Jasper

27,787.38 Jeff Davis

27,467.31 Jefferson

30,348.90 Jenkins

31,416.01 Johnson

16,304.71 Jones

14,471.47 Lamar

25,345.37 Lanier

19,118.98 Laurens

19,004.86 Lee

17,836.69 Liberty

19,433.17 Lincoln

28,002.71 Long

19,824.63 Lowndes

24,913.91 Lumpkin

19,835.65 Macon

21,329.78 Madison

10,244.93 Marion

SCHEDULE 15

39

AMOUNT
$ 22,912.81 21,391.68 14,636.04
22,025.95 39,191.11
14,542.48 16,760.61
14,952.87 25,984.97 12,942.73 22,155.60 39,141.84 17,269.32
9,057.69 19,280.33
19,886.43 26,377.44
21,051.39 33,342.55 20,097.36 26,365.43 21,908.30 13,603.39 27,800.52
17,087.72 14,454.16 23,819.88
24,895.07 16,366.30 26,803.11 26,378.02
11,392.60 33,918.43 16,881.37 22,514.97 25,812.25 14,112.67 17,365.23
41,320.50 9,716.28
24,232.07 14,169.59 15,393.54 30,898.21 19,669.90 25,782.50
22,443.99 17,492.84

SESE

BHHH^nHUi^^^^^^^^HBHHHP

Statement of Distribution Fuel Oil Tax Grants to Counties
(Continued)

COUNTY
McDuffie Mclntosh Meriwether Miller Mitchell
Monroe Montgomery Morgan Murray Muscogee Newton Oconee Oglethorpe Paulding Peach
Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph Richmond
Rockdale Schley Screven Seminole Spalding
Stephens Stewart

JULY 1, 1938, TO JUNE 30, 1939

AMOUNT

COUNTY

$ 14,594.12 14,611.39 28,829.71 13,606.32 38,314.52
38,731.11 13,730.14 18,810.66 14,100.36
23,880.90 22,041.80 14,452.98 16,821.91 25,642.28 10,776.51
16,040.39 18,333.06 11,424.27 17,905.42 18,887.81 21,940.56 10,754.81 17,120.01
15,223.36 21,585.91
11,818.28 10,854.26 21,502.59 13,857.74 14,159.02
10,475.87 19,647.92

Sumter
Talbot Taliaferro Tattnall Taylor Telfair Terrell
Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler
White Whitfield Wilcox Wilkes Wilkinson
Worth

Total Paid to Counties for Period

AMOUNT
$ 27,148.99 22,906.33 13,053.66 26,615.37 26,133.95 38,604.38 19,701.01 30,495.93 19,021.27 19,696.32 11,244.72 17,411.29 27,698.77 19,684.00 21,507.26 16,007.84 20,667.66 21,433.92 21,688.58 27,199.52 13,216.15 26,723.04 22,150.04 15,110.14 23,225.31 16,935.18 13,969.29 20,307.74 17,646.63 21,969.11 31,054.35
$3,245,395.25

Recapitulation:
Balance on Hand July 1, 1938 Receipts for Period

$ 257,614.07 3,268,548.95

Total Less: Balance on Hand June 30,
1939

$3,526,163.02 280,767.77

Total Paid to Counties for Period

$3,245,395.25

SCHEDULE 15 40

IHHMHHIHHHMHHHHHHHHHHII^HHHHHBHHHUIHHHHB^^^H

Statement of Collateral Deposited with Bond Commissioner

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Acacia Mutual Life Insurance Co Accident & Casualty Insurance Co Aetna Casualty & Surety Co
Aetna Insurance Co
Aetna Life Insurance Co Afro-American Life Insurance Co
Agricultural Insurance Co Albany Insurance Co
Allemannia Fire Insurance Co Allied American Mutual Fire Insurance Co
Alliance Insurance Co Allstate Fire Insurance Co All States Life Insurance Co Allstate Insurance Company American Agency Lloyds
American Alliance Insurance Co American Automobile Fire Insurance Co American Automobile Insurance Co American Bonding Co
American Casualty Co American Central Insurance Co
American Credit Indemnity Co American Druggists' Fire Insurance Co
American Eagle Fire Insurance Co American Employers Insurance Co American Equitable Assurance Co American Fidelity & Casualty Co., Inc
American Fire Insurance Co American & Foreign Insurance Co
American General Insurance Co American Indemnity Co American Insurance Co
American Life Insurance Co. of Alabama
American Motorists Insurance Co American Mutual Liability Insurance Co
American Mutual Liability Ins. Co. (Wkms) American National Insurance Co
American Policyholders Insurance Co American Security Insurance Co American Surety Co
American Union Insurance Co Anchor Insurance Co
Associated Indemnity Corporation
Atlanta Life Insurance Co Atlantic Mutual Fire Insurance Co Atlas Assurance Co., Ltd., of London

U. S.

$10,000.00

U. S.

50,000.00

Co.

25,000.00

Mun.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

11,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

25,000.00

U.S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

35,000.00

U. S.

25,000.00

U. S.&Mun. 10,000.00

U. S.

25,000.00

U. S.

25,000.00

U. S.

50,000.00

U. S.

13,000.00

U. S.

10,000.00

U. S.

50,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Mun.&Co. 100,000.00

Ga.&Co. 10,000.00

U. S.

10,000.00

SCHEDULE 16

41

HHMMH^H^^HHBHHHB^^^BHHH^^^HHHaH^nag^nmHHnH^HB^^^^nnB^U^HP

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OF COLLATERAL

AMOUNT

Automobile Insurance Co Automobile Mutual Insurance Co. of America
Baltimore American Insurance Co Bankers Indemnity Insurance Co Bankers & Shippers Insurance Co. of N. Y Bankers Health & Life Insurance Co Benefit Association of Railway Employees Berkshire Mutual Fire Insurance Co Birmingham Fire Insurance Co. of Penna Bituminous Casualty Corporation (Wkms) Boston Insurance Co British American Assurance Co. of Toronto British General Insurance Co., Ltd Buffalo Insurance Co

U. S. U. S.
U. S. U. S. U. S. Mun.&Co. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S.

$10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 116,000.00 10,000.00 10,000.00 10,000.00 50,000.00 10,000.00 10,000.00 10,000.00 10,000.00

Caledonian Insurance Co California Insurance Co Cambridge Mutual Fire Insurance Co Camden Fire Insurance Association Carolina Mutual Insurance Co Casualty Reciprocal Exchange
Central Manufacturers Mutual Insurance Co Carolina Life Insurance Co Central Fire Insurance Co. of Baltimore Central Surety & Insurance Corporation Century Indemnity Co., of Hartfort Century Insurance Co., Ltd., of Edinburgh Citizens Insurance Company of New Jersey City of New York Insurance Co Columbia Casualty Co
Columbia Fire Insurance Co Columbia Insurance Co. of Jersey City Columbian National life Insurance Co Commercial Casualty Insurance Co Commercial Standard Insurance Co Commercial Union Assurance of London Commercial Union Fire Insurance Co. of N. Y Commonwealth Life Insurance Co Commonwealth Insurance Company Concordia Fire Insurance Co., of Milwaukee Continental Casualty Co Continental Insurance Co., of N. Y Connecticut Fire Insurance Co Connecticut Mutual Life Insurance Co
SCHEDULE 16

U. S. U. S. U. S. Mun. U. S. U. S.
U. S. U. S. U. S. U. S. Mun. U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S.
U. S. U. S. U. S.
U. S.
U. s!

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 25,000.00 25,000.00 10,000.00 10,000.00 10,000.00 25,000.00
25,000.00 20,000.00 10,000.00 25,000.00 10,000.00 10^000.00 10,000.00 10,000.00 10,000.00
10,000.00 25,000.00 ll',OOo!oO
10^000.00
lo]oOo!oO

42

mwuwmmmmmwmmm&mmwwwmmmBmmmsmBmmmmmmm

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OP COLLATERAL

AMOUNT

Credit Life Insurance Co

U. S.

$10,000.00

Dixie Fire Insurance Co

U. S.

10,000.00

Eagle Indemnity Co Eagle Star Insurance Co., Ltd
East & West Insurance Co., of New Haven, Conn
Empire State Insurance Co Employers Liability Assurance Corp. Ltd Employers Mutual Liability Insurance Co Employers Re-Insurance Corporation
Equitable Fire & Marine Insurance Co Equitable Life Assurance Society of U. S Eureka-Security Fire & Marine Insurance Co Excess Insurance Co. of America Export Insurance Co
Expressmen's Mutual Life Insurance Co

U. S. U. S.
U. S.
U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S.
U. S.

25,000.00 10,000.00
10,000.00
10,000.00 25,000.00 10,000.00 25,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00

Factory Mutual Liability Insurance Co Farmers Co-operative Insurance Association Federal Insurance Co. of New Jersey Federal Life & Casualty Co Federal Union Insurance Co Fidelity & Casualty Co. of New York Fidelity & Guaranty Fire Corporation Fidelity and Deposit Co. of Baltimore Fidelity Mutual Life Insurance Co Fidelity Phoenix Fire Insurance Co. of N. Y Fire Association of Philadelphia Firemen's Fund Indemnity Company Firemen's Fund Insurance Co. of San Francisco Firemen's Insurance Company of Newark, N. J First American Fire Insurance Co Fitchburg Mutual Fire Insurance Co First National Insurance Co. of America Franklin Fire Insurance Co. of Philadelphia Franklin Life Insurance Co Franklin National Insurance Co. of N. Y

U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. _ U. S. U. S. U. S. U. S.

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00

Guardian Life Insurance Co. of America General Accident, Fire & Life Assurance Corp General American Life Insurance Co General Exchange Insurance Corporation General Insurance Co. of America General Re-Insurance Corporation Gibraltar Fire & Marine Insurance Co

U. S. U. S. U. S. U. S. U. S. U. S. U. S.

10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 50,000.00 10,000.00

SCHEDULE 16

43

If

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OP COLLATERAL

AMOUNT

Girard Fire & Marine Insurance Co Glens Falls Indemnity Co Glens Falls Insurance Co Globe Indemnity Co Globe & Republic Insurance Co. of America Globe & Rutgers Fire Insurance Co. of N. Y Guarantee Mutual Life Co Guaranty Life Insurance Co Gulf Life Insurance Co Grain Dealers National Mutual Fire Insurance Co Granite State Fire Insurance Co Great American Indemnity Co Great American Insurance Co Great Northern Life Insurance Co
Halifax Fire Insurance Co Hanover Fire Insurance Co. of N. Y Hardware Mutual Casualty Co. (Wkms) Hardware Dealers Mutual Fire Insurance Co Hardware Mutual Fire Insurance Co Hartford Accident & Indemnity Co Hartford Fire Insurance Co Hartford Live Stock Insurance Co Hartford Steam Boiler Inspection & Insurance Co Home Fire & Marine Insurance Co Home Indemnity Co Home Insurance Co Homeland Insurance Co. of America Homestead Fire Insurance Co Houston Fire & Casualty Insurance Co
Iowa Hardware Mutual Insurance Co Implement Dealers Mutual Fire Insurance Co Indemnity Insurance Co. of North America Indiana Lumbermen's Mutual Insurance Co Industrial Life & Health Insurance Co Inter-Ocean Casualty Co Interstate Life & Accident Co Insurance Co. of State of Pennsylvania Insurance Co. of North America
Jefferson Standard Life Insurance Co John Hancock Mutual Life Insurance Co Jersey Insurance Co. of N. Y
Kansas City Life Insurance Co

U. S. U. S. U. S. U. S. U. S. U. S. U. S. Co.&Mun. Ga. U. S. U. S. U. S. U. S. HOLC
U. S. U. S. U. S. U. S. Mun.&Co. Mun. U. S*. U. S. U. S. U. S. U. s! U. S. U. S. U. S. U. S.'
U. S. U. S. U. S. U. S. Mun.&Ga. U. S. U. s! U. S." U. s!
U. S. Mun." u. S.
U. S.

$10,000.00 25,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 100,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00
10,000.00 10JOOo!oO 50,'oOo!oO 10,000.00 10,000.00 25,000.00 25,000.00 lo|oOo!oO 10^000.00 10,000.00 25,'000.00 25,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 25,000.00 10^000.00 lOOJOOO 00 10^00o!oO 10000.00 10,000.00 1000o!oO
10,000.00 10^000 00 10,OOo!oO
10 000.00

SCHEDULE 16

44

^OiBHHB^HHBHHBBnHHHHHHHBHHHIHBBHHHBaUiHMHH^HHHMHaHi^

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OF COLLATERAL

AMOUNT

Liberty Mutual Insurance Co. (Wkms) Liberty National Life Insurance Co Life & Casualty Insurance Co Life Insurance Co. of Virginia Liverpool, London & Globe Insurance Co Lloyds America
London Assurance Corporation of London London Guarantee & Accident Co., Ltd London & Lancashire Insurance Co., Ltd London & Scottish Assurance Corp., Ltd
Lumbermen's Insurance Co. of Philadelphia Lumbermen's Mutual Casualty Co Lumbermen's Mutual Insurance Co Lumbermen's Underwriters Alliance Lumber Mutual Fire Insurance Co
Manhattan Fire & Marine Insurance Co Marine Insurance Co., Ltd. of London Maryland Casualty Co. of Baltimore Maryland Casualty Co Maryland Insurance Co. of New York Maryland Life Insurance Co Massachusetts Bonding & Insurance Co Massachusetts Mutual Life Insurance Co Massachusetts Protective Association, Inc Massachusetts Protective Life Assurance Co Massachusetts Fire & Marine Insurance Co Mechanics Insurance Co. of Philadelphia Mechanics & Traders Insurance Co Mercantile Insurance Co. of America Merchants Fire Assurance Corporation of N. Y Merchants Insurance Co. of Providence Mercury Insurance Co
Merrimack Mutual Fire Insurance Co. of Andover Metropolitan Casualty Insurance Co Metropolitan Life Insurance Co Millers Mutual Fire Insurance Assn. of Illinois Millers Mutual Fire Insurance Co Michigan Fire & Marine Insurance Co Mill Owners Mutual Fire Insurance Co Milwaukee Mechanics Insurance Co Millers National Insurance Co
Minnesota Implement Mutual Fire Insurance Co Monarch Fire Insurance Co Monumental Life Insurance Co

U.S. HOLC U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. Mun.
U. S. U. S. U. S. U. S. U. S. Mun. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. Mun. Mun.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S.
U. S. U. S. U. S.

$50,000.00 10,000.00 20,000.00 25,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 15,000.00 10,000.00
10,000.00 10,000.00 25,000.00 50,000.00 10,000.00 55,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00

SCHEDULE 16

45

HMIHl^^HII^H^^HHBHH^BBHHH^^HHHHBil^^BnBHHBHHninHnHBnHHI^^^^HMHP

Statement of Collateral Deposited with Bond Commissioner

(Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OP COLLATERAL

AMOUNT

Motor Indemnity Co Morris Plan Insurance Co Mutual Benefit Health & Accident Association Mutual Boiler Insurance Co Mutual Life Insurance Co. of New York Mutual Benefit Life Insurance Co
National Accident & Health Insurance Co National Ben Franklin Fire Insurance Co National Casualty Co National Fire Insurance Co National Liberty Insurance Co. of America National Life Insurance Co National Retailers Mutual Insurance Co National Security Fire Insurance Co National Surety Corporation National Union Fire Insurance Co Newark Fire Insurance Co New Amsterdam Casualty Co New England Fire Insurance Co New England Mutual Life Insurance Co New Hampshire Fire Insurance Co New York Casualty Co New York Life Insurance Co New York Underwriters Insurance Co Niagara Fire Insurance Co North America Accident Insurance Co North Carolina Mutual Life Insurance Co Northern Assurance Co., Ltd. of London Northern Insurance Co North British & Mercantile Insurance Co North River Insurance Co
Northwestern National Insurance Co Northwestern Fire & Marine Insurance Co Northwestern Mutual Fire Association Northwestern Mutual Life Insurance Co Norwich Union Fire Insurance Society New Brunswick Fire Insurance Co National Life & Accident Insurance Co., Inc
Occidental Insurance Co Ocean Accident & Guarantee Corporation, Ltd Ohio Hardware Mutual Insurance Co Ohio Casualty Insurance Co Old Colony Insurance Co

U. S.
U. S. U. S.
U. S. U. S.
U. S.

$10,000.00
10,000.00 10,000.00
10,000.00 10,000.00
10,000.00

U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S. Mun. U. S. Mun.
U. S. U. S. U. S. U. S. U. S. Mun.&U.S. U. S. U. S.
U. S. U. S. U. S.
U. S. U. S. U. S.
U. S.

10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00
10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 20,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00
25,000.00

U. S. U. S. U. S. U. S. U. S.

10,000.00 10,000.00 10,000.00 25,000.00 10,000.00

SCHEDULE 16

46

iwwmmamammMUBwmmmmmwwwmmwmmmaamwwmamswmwumm

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OF COLLATERAL

AMOUNT

Old Republic Credit Life Insurance Co Orient Insurance Co
Ocean Marine Insurance Co., Ltd

U. S. Mun.
U. S.

$10,000.00 10,000.00
10,000.00

Pacific Coast Fire Insurance Co
Pacific Fire Insurance Co Pacific Mutual Life Insurance Co Pacific Mutual Life Insurance Co. of California Pacific National Fire Insurance Co
Palatine Insurance Co., Ltd Pan-American Life Insurance Co Patriotic Insurance Co. of America
Paul Revere Fire Insurance Co Paul Revere Life Insurance Co Pearl Assurance Co., Ltd
Peninsular Life Insurance Co Penn Mutual Life Insurance Co Pennsylvania Casualty Co
Pennsylvania Fire Insurance Co
Pennsylvania Lumbermen's Mutual Fire Ins. Co Pennsylvania Millers Mutual Fire Ins. Co
Philadelphia Fire & Marine Insurance Co Philadelphia National Insurance Co Piedmont Fire Insurance Co
Pilgrim Health & Life Insurance Co Phoenix Insurance Co
Providence-Washington Fire Insurance Co Phoenix Assurance Co., Ltd. of London Phoenix Indemnity Co
Phoenix Mutual Life Insurance Co Preferred Accident Insurance Co. of N. Y
Progressive Life Insurance Co Protective Life Insurance Co
Provident Life & Accident Insurance Co Provident Mutual Life Insurance Co Prudential Insurance Co. of America

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Surety

20,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Mun.&Co. 10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Mun.

100,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

11,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Mun.&U.S. 25,750.00

U. S.

10,000.00

Ga.Hwy&Co. 15,280.12

U. S.

10,000.00

U. S.

25,000.00

Queen Insurance Co. of America

U. S.

10,000.00

Reciprocal Exchange Reliance Insurance Co. of Philadelphia Reliance Life Insurance Co. of Pittsburgh Reserve Loan Life Insurance Co Retail Druggists' Mutual Fire Insurance Co Rhode Island Insurance Co
SCHEDULE 16

U. S. U. S. U. S. U. S. U. S. Mun.

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00

47

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OP COLLATERAL

AMOUNT

Richmond Insurance Co. of New York Rochester American Insurance Co Royal Exchange Assurance Royal Insurance Co., Ltd Royal Indemnity Co
Scottish Union & National Insurance Co Seaboard Fire & Marine Insurance Co. of N. Y Seaboard Surety Co Seaboard Insurance Co Security Insurance Co Security Life & Trust Co Sentinel Fire Insurance Co Service Fire Insurance Co Shenandoah Life Insurance Co., Inc Southeastern Life Insurance Co Southern Fire Insurance Co Southern Mutual Insurance Co Southern Life Insurance Co. of Georgia Springfield Fire & Marine Insurance Co St. Paul Fire & Marine Insurance Co Standard Accident Insurance Co Standard Fire Insurance Co Standard Marine Insurance Co., Ltd Standard Insurance Co. of New York Standard Surety & Casualty Co. of N. Y Star Insurance Co. of America State Farm Mutual Automobile Insurance Co State Farm Mutual Automobile Insurance Co State Farm Fire Insurance Co State Life Insurance Co State Mutual Life Assurance Co State Mutual Insurance Co Stuyvesant Insurance Co Sun Insurance Office Ltd. of London Sun Indemnity Co. of New York Sun Life Assurance Co. of Canada Sun Underwriters Insurance Co. of N. Y Superior Fire Insurance Co St. Paul Mercury Indemnity Co
Thames & Mersey Marine Insurance Co., Ltd Tokio Marine & Fire Insurance Co., Ltd Transcontinental Insurance Co. of N. Y Travelers Fire Insurance Co

U. S. U. S. U. S.
U. S. U. S.

$10,000.00 10,000.00 10,000.00
10,000.00 25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Ga.

100,000.00

CoMun&US 100,000.00

Ga.

10,000.00

Co.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10^000.00

Mun.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

12,000.00

U. S.

10,000.00

U. S.

lo|oOO.OO

U. S.

25,000.00

U. S.
U. S. U. S. U. S.

10,000.00
IOJOOO.00 lo|oOo!oO lo|oOo!oO

SCHEDULE 16

48

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1939

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Travelers Indemnity Co Travelers Insurance Co Trinity Universal Insurance Co Twin City Fire Insurance Co
Union Assurance Society Ltd Union Central Life Insurance Co Union Fire, Accident & General Ins. Co. of Paris Union Insurance Society of Canton, Ltd United Benefit Life Insurance Co United Firemen's Insurance Co United Mutual Fire Insurance Co United States Casualty Co United States Fidelity & Guaranty Co United States Fire Insurance Co United States Guarantee Company United States Fidelity & Guaranty Co. (Wkms.) Universal Underwriters Utica Mutual Insurance Co

U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S.

$10,000.00 25,000.00 10,000.00 10,000.00
10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 25,000.00 10,000.00 50,000.00 50,000.00 10,000.00 50,000.00

Volunteer State Life Insurance Co Virginia Surety Co., Inc

U. S. U. S.

10,000.00 10,000.00

Warners Reciprocal Insurers Washington National Insurance Co Western Assurance of Toronto, Canada Western Casualty & Surety Co Western Millers Mutual Fire Insurance Co Westchester Fire Insurance Co World Fire & Marine Insurance Co

U. S. U. S. U. S. U. S. U. S. U. S. U. S.

10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00

Yorkshire Insurance Co., Ltd Yorkshire Indemnity Co

U. S. U. S.

10,000.00 25,000.00

Zurich Fire Insurance Co. of New York Zurich General Accident & Liability Ins. Co., Ltd

U. S. U. S.

10,000.00 10,000.00

Total Collateral Deposited by: Insurance Companies
State Depositories--Sch. 5 N. C, & St. L. R. R. Lease of W. and A

$5,740,030.12
4,814,563.61 600,000.00

Total Collateral Deposited with Bond Commissioner

$11,154,593.73

SCHEDULE 16 49

SH^H^^BS^KGSB

^BBB^mmam^BamsmammBmsBmasaBaBaBm^^ms^^Baaas^B^^^msmm^

M
PART TWO

^HBHn^^HHHHH^^BHHnnH^^HnBnm^HHiH^^H^H^mBBi^^UIHP

INDEX TO REPORT

EXHIBIT A
EXHIBIT B
EXHIBIT C
SCHEDULE 1 SCHEDULE 2 SCHEDULE 3 SCHEDULE 4 SCHEDULE 5
SCHEDULE 6 SCHEDULE 7 SCHEDULE 8
SCHEDULE 9
SCHEDULE 10 SCHEDULE 11
SCHEDULE 12
SCHEDULE 13 SCHEDULE 14 SCHEDULE 15 SCHEDULE 16 SCHEDULE 17

For Period July 1, 1939, to June 30, 1940
-Consolidated Statement of All Cash Handled by Treasury Department. -Consolidated Statement of Receipts and Disbursements -- General Treasury. -Consolidated Statement of Receipts and Disbursements -- Special Fund Accounts. -Analysis of Cash Receipts--General Treasury. -Analysis of Disbursements--General Treasury. -Analysis of Cash on Hand--General Treasury. -Analysis of Balances Due on Appropriations. -Statement of Cash Balances in State Depositories and Collateral. -Receipts and Disbursements--Delinquent Fuel Oil Tax. -Receipts and Disbursements--State Properties Commission. -Receipts and Disbursements--Unemployment Compensation Funds. -Receipts and Disbursements--United States Employment Service. -Receipts and Disbursements--Federal Aid--Education. -Receipts and Disbursements--National Industry Recovery Fund--Highways. -Statement of Checks Received From Federal Government and Endorsed to Governor. -Statement of Bonded Debt--General Fund. -Statement of Bonded Debt--Allocated Fund. -Statement of Fuel Oil Tax Distribution. -Statement of Distribution Fuel Oil Tax Grants to Counties. -Statement of Collateral Deposited With Bond Commissioner.

52

EXPLANATION OF REPORT
EXHIBIT A:
This exhibit reflects the total cash handled by the Treasury from all sources for the period begun July 1, 1939, and ended June 30, 1940, amounting to $82,567,296.18. The total amount withdrawn from the General Treasury for operations of the Treasury Department was $30,000.00, which shows a cost of $.363 per thousand dollars.
EXHIBIT B:
This exhibit sets forth consolidated statement of Receipts and Disbursements in the General Treasury for the period begun July 1, 1939, and ended June 30, 1940, and is self explanatory.
EXHIBIT C:
This exhibit sets forth the consolidated statement of Receipts and Disbursements in Special Fund Accounts for the period begun July 1, 1939, and ended June 30, 1940, and is self explanatory.
SCHEDULE 1:
This schedule reflects in detail the Cash Receipts in the General Treasury amounting to $56,402,216.11 for the period begun July 1, 1939, and ended June 30, 1940, and is self explanatory.
SCHEDULE 2:
This schedule reflects the Cash Disbursements from the General Treasury for the period begun July 1, 1939, and ended June 30, 1940, showing total of General Fund of $23,680,750.74, and Allocated Funds of $32,159,400.71, making total Cash Disbursements of $55,840,151.45. All disbursements were made on proper warrants under authority of appropriations made by law.
SCHEDULE 3:
This schedule sets forth in detail the total amount of cash in the General Treasury amounting to $6,178,256.09, as of June 30, 1940, and its physical location. The statement is self explanatory.
SCHEDULE 4:
This schedule sets forth in detail the balances due on appropriations for the period as of June 30, 1940. The total unpaid is shown as $5,981,525.70, whereas the total cash balance was $6,178,256.09, thus leaving an undistributed balance of $186,730.39. This balance will be carried into the next fiscal period as a cash receipt. Payments on appropriations for this period were made at the rate of 75%.
SCHEDULE 5:
This schedule reflects in detail the balances in each State Depository and collateral held by Bond Commissioner to cover same as of June 30, 1940. The schedule is self explanatory.
SCHEDULES 6, 7, 8, 9, 10, and 11:
These schedules set forth in detail the receipts and disbursements of various special funds for the period begun July 1, 1939, and ended June 30, 1940, and are all self explanatory.
53

EXPLANATION OF REPORT (Continued)
SCHEDULE 12: This schedule reflects the totals of checks received from Federal Govern-
ment for various purposes for the period begun July 1, 1939, and ended June 30, 1940. These checks are endorsed to the Governor and by him to the respective departments and are carried by the Treasury as Memorandum Accounts. SCHEDULE 13:
This schedule sets forth in detail the bonded debt of General Fund as of June 30, 1940, showing total debt outstanding of $3,269,662.17. The statement is self explanatory. SCHEDULE 14:
This schedule reflects in detail the bonded debt of Highway Refunding Bonds amounting to $5,300,000.00, as of June 30, 1940. These bonds were issued under authority of an Act of the General Assembly of 1939, approved February 23, 1939 (see Georgia Laws of 1939, pages 47 to 49), and ratified by Constitutional Amendment at General Election June 6, 1939. The bonds sold in 1939 were sold in New York at par, and the bonds sold in 1940 were sold in Atlanta for a premium of $30,000.00. SCHEDULES 15 and 16:
These schedules set forth in detail the distribution of the Fuel Oil Tax for the period begun July 1, 1939, and ended June 30, 1940, and are self explanatory. SCHEDULE 17:
This schedule reflects in detail the collateral bonds in the hands of the Bond Commissioner as of June 30, 1940, and is self explanatory.
54
^

Consolidated Statement of All Cash Handled by Treasury Department

JULY 1, 1939, TO JUNE 30, 1940

Cash Handled Through General Treasury for Period--Exh. B
Cash Handled Through Special Fund Accounts--Exh. C

$62,018,407.54 20,548,888.64

Total Cash Handled by Treasury Dept

$82,567,296.18

EXHIBIT A 55

MHHH^^^^HH^^^^^M^^HBHHHHHHHHHii^^BBni^H^HHIil^^nn^^nmHBn^UiHP

Consolidated Statement of Receipts and Disbursements General Treasury

JULY 1, 1939, TO JUNE 30, 1940

Cash Balance on Hand July 1, 1939 Cash Receipts for Period

$ 5,616,191.43 56,402,216.11

Total Cash to be Accounted for

$62,018,407.54

Cash Disbursements for Period Cash Balance June 30, 1940

$55,840,151.45 6,178,256.09

Total Cash Accounted for

$62,018,407.54

EXHIBIT B 56



Consolidated Statement of Receipts and Disbursements

Special Fund Accounts

JULY 1, 1939, TO JUNE 30, 1940

Cash Balances on Hand July 1, 1939:

Delinquent Fuel Oil Tax

$

State Properties Commission

Unemployment Compensation:

Clearing Account Benefit Payment Account

Nat'I. Ind. Recovery Trust Fund_

35,900.46 13,660.53
640,118.36 100,000.00 412,161.77 $ 1,201,841.12

Cash Receipts for Period:

Delinquent Fuel Oil Tax

$

State Properties Commission

9,521.59 5,183.34

Unemployment Compensation: Clearing Account Benefit Payment Account
U. S. Employment Service Federal Rehabilitation Federal Vocational Federal Aid Highway
Construction

8,038,760.65 3,800,000.00
77,207.00 44,967.45 606,138.41
3,580,671.12

Nat'I. Ind. Recovery Trust Fund_
Federal Aid--New State Office Building
Federal Aid--University System
Federal Aid--Public Health Federal Aid--Social Security

161,692.01
366,939.00 105,568.93 602,119.41 1,948,278.61 $19,347,047.52

Total to be Accounted for___

$20,548,888.64

EXHIBIT C 57

BUHH^^u^^HHHBHu^^HnHnra^BBnBnani^HBBrai^HnBnBnnnnRnB^^ran^nnBHH

Consolidated Statement of Receipts and Disbursements Special Fund Accounts (Continued)

JULY 1,1939, TO JUNE 30, 1940

Cash Disbursements for Period: State Properties Commission $

5,621.60

Unemployment Compensation: Clearing Account
Benefit Payment Account U. S. Employment Service Federal Rehabilitation Federal Vocational Federal Aid Highway
Construction

8,124,634.73 3,700,000.00
77,207.00 43,220.82 606,138.41
3,580,671.12

Nat'l. Ind. Recovery Trust FundFederal Aid--New State Office. Federal Aid--University System Federal Aid--Public Health Federal Aid--Social Security

555,750.64 366,939.00 105,568.93 602,119.41 1,948,278.61 $19,716,150.27

Cash Balances on Hand June 30, 1940:

Delinquent Fuel Oil Tax

$ 45,422.05

State Properties Commission

13,222.27

Unemployment Compensation: Clearing Account
Benefit Payment Account Federal Rehabilitation Nat'l. Ind. Recovery Trust
Fund

554,244.28 200,000.00
1,746.63
18,103.14 $

832,738.37

Total Accounted for--Exh. A

$20,548,888.64

EXHIBIT C 58

Analysis of Cash Receipts General Treasury

JULY 1, 1939, TO JUNE 30, 1940

SOURCE

GENERAL FUND

ALLOCATED FUND

TOTALS

Receipts from Taxes:

Alcoholic Beverage and Liquor_$ 1,891,686.52 $ 94,833.61 $ 1,986,520.13

Carbonic Acid Gas

68,615.67

4,092.73

72,708.40

Chain Store

263.39 176,930.89 177,194.28

Cigar and Cigarette

859,044.07 1,967,078.29 2,826,122.36

Cooperative Marketing Assn.__

220.00

220.00

Domestic Corporation

287,982.95

2,545.37 290,528.32

Foreign Corporation License... 119,868.50

133.50 120,002.00

Fuel Oil

513,742.17 21,100,507.90 21,614,250.07

Income

5,405,650.65 314,537.16 5,720,187.81

Inheritance

457,132.27

14,861.92 471,994.19

Insurance Agents

103,432.80

989.40

104,422.20

Insurance Premium

926,053.06

7,436.01 933,489.07

Intangible

183,111.31

11,565.50 194,676.81

Interest on Advalorem

32,310.05

1,684.10

33,994.15

Kerosene

36.98 257,904.80 257,941.78

Machinery and Equipment

2,060.00

2,060.00

Malt Beverage

1,011.64 1,177,754.55 1,178,766.19

Malt Syrup

15.08

.37

15.45

Mileage

92.40

2,987.93

3,080.33

Occupation

482,421.82

9,925.89 492,347.71

Poll

326,302.11

14,291.40 340,593.51

Professional

78,708.90

1,646.97

80,355.87

Property--Advalorem

3,398,344.87 241,003.71 3,639,348.58

Property--Public Service Corp. 784,995.83

86,868.70 871,864.53

Rolling Store

1.84

6,476.76

6,478.60

Sewing Machines

1,220.00

1,220.00

Soft Drinks Syrup

16,993.99

869.69

17,863.68

Wine

252.68 293,088.84 293,341.52

Total

$15,941,571.55 $25,790,015.99

$41,731,587.54

Receipts from Fees: Bank Examination
Bank Liquidation Board of Penal Correction Building and Loan Assn Contractor's License Corporation Charter Dairy
Driver's License Egg Farmer's Market Feed Inspection Fertilizer Inspection Fishing License Hunting License

$ 1,077.44 $ 36,767.51 $ 37,844.95

6,604.35

6,604.35

118,584.76 118,584.76

1,055.00

1,055.00

18,793.67

18,793.67

8,183.95

8,183.95

96.86

3,247.18

3,344.04

24,814.00 852,819.50 877,633.50

460.37

15,622.30

16,082.67

3,417.93 115,852.03 119,269.96

1,912.09

64,364.14

66,276.23

7,074.96 229,650.10 236,725.06

1,768.03

58,881.71

60,649.74

3,728.35 131,317.01 135,045.36

SCHEDULE 1

59

SBBI^HI^^^B^fl

^^B^

Analysis of Cash Receipts General Treasury (Continued)

JULY 1, 1939, TO JUNE 30, 1940

SOURCE
Insurance Rural Electric Companies Land Title Registration Milk Control Miscellaneous Motor Carrier's Motor Vehicle Naval Stores Inspection Professional Examination Securities Dealers

GENERAL FUND
80,507.50 819.00
1,482.93 16,002.07 1,885.04 157,211.91
81.32 2,290.36
375.99

ALLOCATED FUND
420.50 91.00
165.63 50,142.68 25,599.54 61,377.46 1,859,875.88
75,887.71 12,542.99

TOTALS
80,928.00 910.00 165.63
51,625.61 41,601.61 63,262.50 2,017,087.79
81.32 78,178.07 12,918.98

Total

$ 305,006.15 $ 3,747,846.60

$ 4,052,852.75

Receipts from Assessments:
Fire Inspection Industrial Relations Public Service Corp

$

$ 25,743.05 $ 25,743.05

108,847.74 108,847.74

2,291.17

75,591.32

77,882.49

Total

$

Receipts from Sales:

Miscellaneous

$

Highway Refunding Bonds

2,291.17 $ 210,182.11

$ 212,473.28

1,186.73 $

105.17 $ 1,291.90

5,341,925.00 5,341,925.00

Total

$ 1,186.73 $ 5,342,030.17

$ 5,343,216.90

Receipts from Investments:
Dividend on Stocks Rents--Sundry W. and A. Railroad

$ 2,112.80 $

111.20 $ 2,224.00

23,828.60

1,253.93

25,082.53

540,000.00

540,000.00

Total

$ 25,941.40 $ 541,365.13

$ 567,306.53

Receipts from Miscellaneous:

Clerk Cost--Court of Appeals-_$

420.00 $

Nat'l. Forest Reserve

Grants from Fed. Government-

Refunds

137,339.84

Temporary School Loan

3,500,000.00

$

420.00

7,587.01

7,587.01

840,896.31 840,896.31

8,535.95 145,875.79

3,500,000.00

Total

$ 3,637,759.84 $ 857,019.27

$ 4,494,779.11

Total Cash Receipts

$19,913,756.84 $36,488,459.27

General Treasury

$56,402,216.11

SCHEDULE 1

60

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Analysis of Disbursements General Treasury

JULY 1, 1939, TO JUNE 30, 1940

DEPARTMENT

GENERAL FUND

ALLOCATED FUNDS

Agriculture:
Operations Bangs Disease Operations

$

$ 399,500.68 $

30,511.08

TOTALS

399,500.68 30,511.08

430,011.76

Audits Banking
Comptroller General: Fire Inspection Other Operations

79,500.00 58,571.62

41,222.28 8,496.45

8,496.45 58,571.62

79,500.00 41,222.28
67,068.07

Confederate Pensions: Operations Pensions

3,190.03

4,088.28 829,157.00

7,278.31 829,157.00

836,435.31

Education:
Operations Equalization Fund Text Book Fund

10,701,514.04

10,701,514.04

3,768,475.32

1,308,111.74 5,076,587.06 15,778,101.10

Entomology: Operations Sea Island Cotton
Governor: Operations Plant Insect and Disease
Highway: Bond Account Interest Account Fuel Oil Tax Motor Carrier Fees Rural Post Roads
Labor: Industrial Board Unemployment Compensation-_
Employment Operations Operations
Law Library:
Operations New Books Printing Reports

45,600.00 4,790.69

165,960.85 28,450.00

5,341,925.00 26,430.00
11,768,558.65 21,362.97
1,902,562.03

80,039.90 19,800.00
37,500.00
9,268.71 3,752.34 12,973.41

108,847.74 840,896.31

50,390.69 194,410.85
19,060,838.65 949,744.05 99,839.90 1,049,583.95
37,500.00 25,994.46

SCHEDULE 2 61

Analysis of Disbursements General Treasury (Continued)

DEPARTMENT
Library Commission: Operations Rural Library

JULY 1, 1939, TO JUNE 30, 1940

GENERAL FUND

ALLOCATED FUNDS

7,987.30 4,500.00

Military: Operations Riot Duty

51,175.57 23,176.11

Milk Control Board
Natural Resources: Forestry Division Mining and Geology Parks

63,785.00 45,655.01 57,375.01

48,948.29

Wild Life

198,330.88

Penal Correction Board
Planning Board Prison and Parole Commission Public Health:
Operations Alto Hospital

323,602.60 17,724.53 55,365.87
420,000.00 240,000.00

162,387.31

Alto Hospital (W. & A. Fund)-

10,023.05

Public Safety Public Service Commission:
Utilities Division Motor Carriers

659,294.13
67,934.42 62,066.20

TOTALS
12,487.30
74,351.68 48,948.29

166,815.02 198,330.88

365,145.90
485,989.91 17,724.53 55,365.87

660,000.00 10,023.05

670,023.05 659,294.13

130,000.62

Public Welfare: Institutions Operation Operations Pensions
Institutions, Bldgs. & Equip
Purchasing Department Revenue:
Operations Refunds

2,198,395.51 220,000.00
1,890,000.00
27,000.00
246,166.74 53,933.51

174,005.64 353,097.60

4,308,395.51 174,005.64

4,482,401.15 27,000.00

599,264.34 53,933.51

653,197.85

SCHEDULE 2 62

Analysis of Disbursements General Treasury (Continued)

JULY 1, 1939, TO JUNE 30, 1940

DEPARTMENT

GENERAL FUND

ALLOCATED FUNDS

Secretary of State:
Examining Boards Securities Division Building and Loan Division Corporation Division

43,536.96 4,982.24 1,018.50
7,923.47

Operations

28,433.17

State Treasury:
Operations Public Debt--Principal Public Debt--Interest Temporary School Loan Interest Temporary Loan Supreme Court Court of Appeals Superior Courts Legislative Expense

30,000.00 199,000.00 160,005.35 3,500,000.00
12,998.40 80,870.18 73,828.86
214,243.51 62,054.18

TOTALS

57,461.17 28,433.17

85,894.34

4,333,000.48

W. and A. Warrants County Road Fund National Forest Reserve

540,000.00 3,448,630.56
7,587.01

3,996,217.57 8,329,218.05

University System:
Operations Buildings and Equipment Tobacco Treatment Soil Conservation

1,651,500.00 400,000.00 12,000.00 6,887.66

2,070,387.66

Veteran's Service

21,664.00

21,664.00

Total General Fund

$23,680,750.74

Allocated Fund

~

~ $32,159,400.71

Total Disbursements--Exh. B

$55,840,151.45

SCHEDULE 2 63

Kmai^m^maaBB^nmi^mma^mmmaBm^^mmmmmmmattmBmB^mBBmttSBan^^mmmBnBi&a^m/B

Analysis of Cash On Hand General Treasury

JUNE 30, 1940

Sinking Fund--Public Debt Agriculture Department Banking Department Comptroller--Fire Inspection Confederate Pensions:
Operations Pensions

$

$ 149,540.00

112,395.64

1,994.65

15,728.45

2,195.05 200,000.00

202,195.05

Contractors Board Education:
Equalization Fund Text Book Fund

72,539.91 227,534.45

17,844.30 300,074.36

Highway Department: Interest Account Fuel Oil Tax Rural Post Roads Mileage Tax

70.00 1,454,837.73
40,821.61 133.97

1,495,863.31

Natural Resources--Wild Life Department Public Safety Public Service Commission:
Utilities Division Motor Carriers

90,538.05 6,889.23

6,116.52 221,700.84
97,427.28

SCHEDULE 3 64

^mMHrnmammmMwummummmmmammmaauan

Analysis of Cash On Hand General Treasury (Continued)

JUNE 30, 1940

Department Public Welfare: Buildings, Ground, Etc
Department of Revenue Secretary of State:
Examining Boards Securities Division Building and Loan Assn.--

36,087.05 7,587.10
50.00

22,402.34 76,298.17
43,724.15

Radio Commission Treasury Department:
W. and A. Rental Discounts.-- Counties Road Fund Land Title Registration Fund-

45,000.00 308,969.47
4,370.01

16,500.00 358,339.48

General Fund

3,040,111.55

Total Cash Balance June 30, 1940--Exh. B

$ 6,178,256.09

RECAPITULATION: On Deposit in State Depositories--Sch. 5. Undeposited Receipts Cash in Drawer Cash in Vault

6,030,786.02 140,502.52 3,267.55 3,700.00

Total.

$ 6,178,256.09

SCHEDULE 3 65

HHBHBH^MUnBHi^^^UHBiHUi^nBBaBraraiHranBnn^nBIBB^^ran^m^BimHP

Analysis of Balances Due On Appropriations

DEPARTMENT
Agriculture: Operations Bangs Disease

JUNE 30, 1940

GENERAL FUND

ALLOCATED FUNDS

TOTALS

$

$ 112,395.64 $ 112,395.64 $

22,688.92

22,688.92 135,084.56

Audits Banking
Comptroller General: Operations Fire Inspection

16,096.93 21,939.37

1,994.65 15,728.45

21,939.37 15,728.45

16,096.93 1,994.65
37,667.82

Confederate Pensions and Records : Pensions Operations

200,000.00 2,195.05

202,195.05

Contractors Board
Education:
Operations Equalization Fund Text Book Fund

595,538.46

17,844.30
72,539.91 227,534.45

595,538.46 300,074.36

17,844.30 895,612.82

Entomology:
Operations Sea Island Cotton

14,440.00 1,425.00

15,865.00

Governor: Capitol Repairs Legislative Repairs Mansion Repairs Publishing Codes Plant and Insect Disease
Highway: Interest Account Fuel Oil Tax Mileage Tax Rural Post Roads

64.91 3,094.56
60.30 80.60 7,600.00
70.00 1,454,837.73
133.97 40,821.61

10,900.37 1,495,863.31

Labor Law Library:
Operations New Books Printing Reports
Library Commission: Operations Rural Libraries

6,200.00 14,500.00
1,131.29 5,423.57
126.59
1,900.00 1,425.00

6,200.00 14,500.00
6,681.45
3,325.00

SCHEDULE 4 66

^BmuummaMmMwwmmwmmmmmBsmmBamBBBt

Analysis of Balances Due On Appropriations (Continued)

DEPARTMENT
Military: Operations Riot Duty

JUNE 30, 1940

GENERAL FUND

ALLOCATED FUNDS

18,824.43 6,344.33

TOTALS
25,168.76

Natural Resources:
Forestry Division Mines and Geology Parks Division

25,173.79 26,428.05 2,000.00

53,601.84

Wild Life

6,116.52

6,116.52

59,718.36

Penal Correction Board Planning Board
Prison and Parole Commission.
Public Health:
Operations Alto Sanitorium

10,680.00 1,327.22 43,182.33
204,000.00 9,600.00

10,680.00 1,327.22 43,182.33
213,600.00

Public Safety
Public Service Commission:
Utilities Division Motor Carriers Division

221,700.84
90,538.05 6,889.23

221,700.84 97,427.28

Public Welfare:
Operations--Institutions General
Pensions Buildings and Grounds

195,530.00 91,911.00
598,500.00

22,402.34

885,941.00 22,402.34

908,343.34

Purchasing Department Radio Commission
Revenue:
Operations Income Tax Refunds

30,000.00
90,978.85 67,500.73

16,500.00 76,298.17

167,277.02 67,500.73

30,000.00 16,500.00
234,777.75

.Secretary of State:
Operations Examining Boards Securities Division Building and Loan Division

6,650.00

36,087.05 7,587.10
50.00

6,650.00 43,724.15

50,374.15

SCHEDULE 4 67

- <j^>;tfB^fjS ^^^

SSS*Sm^

viMT^infyviiiiiiiiihiiM^iiiiiiiii riTnrrarfiwtr

Analysis of Balances Due On Appropriations (Continued)

DEPARTMENT
Treasury:
Operations Public Debt--Principal
Interest Temporary Loan Interest W. and A. Rental Warrants Counties Road Grant Land Title Registration Supreme Court Court of Appeals Superior Court Legislative Expense

JUNE 30, 1940

GENERAL FUND

ALLOCATED FUNDS

7,200.00
14,995.65 14,065.68
25,588.30 7,321.45 7,259.54
138,541.46

150,540.00
45,000.00 308,969.47
4,370.01

TOTALS
508,879.48 214,972.08 723,851.56

University System: Operations Tobacco Treatment Soil Conservation
Veteran's Service
Total General Fund Allocated Funds Balances Due

468,500.00 3,800.00 3,206.85
9,536.00
$ 2,842,381.16 $ 3,139,144.54

475,506.85 9,536.00
$ 5,981,525.70

SCHEDULE 4 68

Statement of Cash Balances in State Depositories; and Collateral

JUNE 30, 1940

Location

Name of Depository

Balance On Deposit

Amount of Collateral

Albany

Albany Exchange National Bank ij 2,975.32

5,000.00

City National Bank

37,255.38 45,000.00

Americus Bank of Commerce

19,755.95 23,000.00

Ashburn

Citizens Bank Ashburn Bank

4,500.00 4,958.51

7,000.00 6,500.00

Athens Atlanta

The Citizens Bank Citizens & Southern Nat'l. Bank Citizens & Southern Nat'l. Bank

4,588.03
6,261.71 168,955.34

7,000.00 "530,000.00

Citizens & Southern Nat'l. Bank

Mitchell St. Branch

23,051.09

East Atlanta Bank

4,702.00

5,600.00

First National Bank

2,409,922.96 1,100,000.00

First Nat'l. Bank, West End Branch 7,110.65 15,000.00

Fulton National Bank

963,049.30 **1,000.000.00

Fulton National Bank,

Peachtree St. Branch

74,991.32

Fulton National Bank, Candler Bldg. Branch

83,572.15

Southside Atlanta Bank

9,500.00 10,981.12

Augusta

Trust Company of Georgia Citizens & Southern Nat'l. Bank

458,149.93 400,000.00 96,341.00

Austell

Georgia Railroad Bank & Trust Co. 98,553.70 100,000.00

Austell Bank

4,500.00

5,000.00

Bainbridge First State National Bank

9,466.49 10,000.00

Ball Ground--Citizens Bank

4,970.00

5,000.00

Barnesville Baxley Blythe

First National Bank Baxley State Bank Farmers Bank

9,322.59 9,080.29 8,440.00

14,000.00 10,000.00 12,364.98

Brunswick Brunswick Bank & Trust Co

22,009.01 25,000.00

National Bank of Brunswick

23,801.29 25,000.00

Buena Vista--Buena Vista Loan & Savings Bank-

6,000.00

13,000.00

Butler

Citizens State Bank

4,510.95

5,000.00

Cairo

Cairo Banking Co

4,450.36

7,000.00

"

Citizens Bank

4,518.71

5,000.00

Calhoun

Calhoun National Bank

9,575.74 14,000.00

Camilla

Bank of Camilla

9,631.91

12,000.00

Planters & Citizens Bank

8,361.28 14,000.00

Canton

Bank of Canton Etowah Bank

19,522.00 3,500.00

22,950.99 7,000.00

Carrollton The Peoples Bank Cartersville First National Bank Cedartown Commercial Bank
Liberty National Bank
Chatsworth Cohutta Banking Co Chickamauga-_Bank of Chickamauga

9,111.14 38,021.67 14,055.42
11,441.05
4,556.43 8,945.34

14,000.00 53,000.00 15,000.00
18,000.00 8,981.08 15,000.00

Cochran Colquitt

State Bank of Cochran Citizens Bank

4,783.19 4,991.63

5,000.00 6,000.00

SCHEDULE 5

69

HHnBHHH^^^BBHBn^rorasraBHB^ranBDI^BBH^^BnHnnnui^Bi

Statement of Cash Balances in State Depositories; and Collateral (Continued)

Location

JUNE 30, 1940
Name of Depository

Balance On Deposit

Amount of Collateral

Columbus Cordele

First National Bank First State Bank

Cornelia

.Cornelia Bank

Cumming Bank of Cumming

Cuthbert .Citizens Bank

Dahlonega Bank of Dahlonega

Dallas

First National Bank

Dalton

First National Bank

Dawson

Hardwick Bank & Trust Co Bank of Dawson

Bank of Terrell County

Decatur

First National Bank of Atlanta

Fulton National Bank of Atlanta___

Donaldsonville-Commercial State Bank

Douglasville__.First National Bank

Dublin

Citizens & Southern Bank

Dudley

.Bank of Dudley

Eastman

Bank of Eastman

East Point Bank of Fulton County

Elberton

Granite City Bank

First National Bank

Ellijay

Bank of Ellijay

Forsyth

Citizens Bank of Forsyth

Franklin

Monroe County Bank Bank of Heard County

Gainesville The Citizens Bank

Glennville

Gainesville National Bank The Glennville Bank

Gray

Bank of Gray

Greensboro Bank of Greensboro

Greenville Greenville Banking Co

Griffin

Commercial & Savings Bank

Haddock

Jones County Bank

Hahira

The Citizens Bank

Harlem

Bank of Columbia County

Jackson

Jackson National Bank

Jefferson .First National Bank

Jesup

Brunswick Bank & Trust Co

Jonesboro .Bank of Jonesboro

LaFayette Bank of LaFayette

LaGrange Citizens & Southern Bank

Lavonia

First National Bank

Lawrenceville_.Brand Banking Co

Louisville First National Bank

Lumpkin

Farmers State Bank

$47,272.67 9,271.67 9,659.86 4,783.81
4,687.53 5,028.28 4,385.32 30,000.00
3,984.79 4,820.84 4,000.00 74,338.36 43,691.37
4,553.54 4,602.16 13,274.53 9,297.89 4,612.63 18,500.00 8,947.81 9,000.00 14,120.36 4,807.28
4,630.10 9,794.23 8,000.00
14,224.59 9,170.39 9,000.00
8,000.00 4,360.05
9,623.69 4,000.00
3,500.00 5,000.00 4,000.00 9,201.68 15,894.33 9,265.61
3,897.40 8,000.00 21,290.22 3,759.97
4,500.00 4,185.52

$52,647.45 10,000.00 10,000.00
5,000.00 5,000.00 8,000.00 5,000.00 30,000.00 7,000.00 5,000.00 5,000.00 75,000.00
6,000.00 7,000.00 15,000.00 11,000.00 7,000.00 25,000.00 10,000.00 10,000.00 14,458.07 6,000.00 5',000.00 12,565.90 13,564.95 15^000.00 10^000 00 ll',057.94
10,900 00 6[oOo!oO 12,000.00 7,000 00 5,'oOo!oO 5,000.00 6^000 00 lo|oOo!oO 2o|oOo!oO 10,OOo!oO
10,000.00 10,000.00 25*000 00 5*000 00 5000 00 7'oOo!oO

SCHEDULE 5

70

Statement of Cash Balances in State Depositories; and Collateral (Continued)

JUNE 30, 1940

Location

Name of Depository

Macon

First National Bank & Trust Co.

McDonough First National Bank

Madison

First National Bank

Manchester Bank of Manchester

Marietta

First National Bank

Milan

.Bank of Milan

Metter

.Metter Banking Co

Milledgeville- -Exchange Bank

Merchants & Farmers Bank

Milledgeville Banking Co

Monroe

National Bank of Monroe The Farmers Bank

Moultrie

Moultrie Banking Co

Moultrie National Bank

Mount Vernon_Mount Vernon Bank

Newnan

Manufacturers National Bank

Ocilla

First National Bank

Oglethorpe Bank of Oglethorpe

Pembroke Pembroke State Bank

Reidsville The Tattnall Bank

Richland

Richland Banking Co

Roberta

Crawford County Bank

Rockmart Bank of Rockmart

Rome

National City Bank

First National Bank

Roswell

Roswell Bank

Rutledge

Bank of Rutledge

Savannah Citizens Bank & Trust Co

Citizens & Southern Nat'l. Bank-

Liberty Nat'l. Bank & Trust Co-

Savannah Bank & Trust Co

Siloam

Bank of Siloam

Statesboro Bulloch County Bank

Summerville_-.Farmers & Merchants Bank

Swainsboro .The Central Bank

Sylvania

Bank of Screven County

Thomaston Citizens & Southern Bank

Thomasville Commercial Bank

Bank of Thomas County

Tifton

Bank of Tifton

Toccoa

.Bank of Toccoa

Union Point__.The Farmers Bank

Bank of Union Point

Valdosta

Citizens & Southern Nat'l. Bank-

First National Bank

SCHEDULE 5

Balance
On Deposit
$40,693.12 9,969.16 4,545.80 4,970.12
28,422.39 4,500.00 9,921.81 8,954.26 4,500.00
8,388.73 14,380.79 8,971.05 12,000.00 8,957.34
5,451.61 23,702.40
4,970.38 4,293.38 14,838.29 7,813.58 4,500.00 4,506.36
4,900.00 98,305.98
9,830.40 9,500.00 4,500.00
27,495.87 40,000.00 47,000.00 46,389.76
4,750.00 24,158.36
9,431.55 9,930.35 4,700.00
4,585.17 9,970.36 27,000.00 9,435.51 9,891.32 9,000.00 9,000.00 8,045.04 4,500.00

Amount of
Collateral
$50,000.00 10,000.00 5,000.00 5,000.00 30,000.00 5,500.00 10,000.00 11,000.00 5,000.00
10,000.00 19,000.00 13,000.00 25,000.00 11,400.00
6,000.00 25,000.00
5,000.00 5,000.00 20,050.00 8,500.00 5,000.00 5,000.00
5,000.00 100,000.00 10,000.00
10,000.00 6,500.00 30,000.00
50,000.00 50,000.00
5,000.00 25,000.00 10,000.00 10,000.00
6,000.00
5,000.00 10,000.00 27,000.00 11,000.00 10,000.00 10,000.00 10,000.00
5,000.00

71

Statement of Cash Balances in State Depositories; and Collateral (Continued)

JUNE 30, 1940

Name of Depository

Vidalia

.Darby Banking Co

Vienna

Citizens Bank

Wadley

Bank of Wadley

Washington--Washington Loan & Banking Co.

Waycross Commercial Bank

First National Bank

Waynesboro__.First National Bank

Bank of Waynesboro

Woodbury -Woodbury Banking Co

Balance
On Deposit
4,633.70 9,360.71 9,760.83 27,988.89 24,352.60 9,500.00 9,373.88 9,500.00 8,045.86

Amount of
Collateral
5,000.00 10,000.00 10,000.00 34,000.00 25,000.00 10,000.00 11,000.00 13,000.00 10,000.00

Total Cash Balances in State Depositories--Sch. 3

$6,030,786.02

Total Collateral in Hand of Bond Commissioner--Sch. 17--

$4,969,522.48

Covers All Branches C. & S. National Bank. ** Covers All Branches Fulton National Bank.

SCHEDULE 5 72

^n^HHHBBBHHBBMaHHBHHHHaHHaHHHHBHBHHallHHHBBIHH^HHBHl^HHaaH^^HHI

Receipts and Disbursements Delinquent Fuel Oil Tax

JULY 1, 1939, JUNE 30, 1940

Balance on Hand July 1, 1939 Receipts for Period:
Department of Revenue

$35,900.46 9,521.59

Total to Be Accounted for
Balance in Special Account Fulton National Bank, Atlanta

$45,422.05

Total Accounted for

$45,422.05 $45,422.05

SCHEDULE 6 73

BH^Bn^HBHnBBBBB^niBHBBi^^BBBBBi^^BB^^BBBRBBBEBBBBI^BaBBB^BBraBHB^^

Receipts and Disbursements State Properties Commission

JULY 1, 1939, JUNE 30, 1940

Balance on Hand July 1, 1939
Receipts for Period:
Rental: Plaza Hotel Eastern Hotel

$

$13,660.53 $

883.34 4,300.00

Total Receipts

5,183.34

Total to Be Accounted for

$18,843.87

Disbursements for Period:
Taxes: City of Chattanooga Hamilton County

$ 3,008.92 2,612.68

Total Disbursements Balance in Special Account, First National
Bank, Atlanta, June 30, 1940

$ 5,621.60 13,222.27

Total Accounted for

$18,843.87

SCHEDULE 7 74

^^^^^UHHHBHHHHBHiHIBMHi^HMBHHMBH^HHHH^BHaHHi

Receipts and Disbursements Unemployment Compensation Funds

JULY 1, 1939, JUNE 30, 1940

CLEARING ACCOUNT

Balance on Hand July 1, 1939 Receipts From Taxes for Period

$ 640,118.36 8,014,125.92

Total to Be Accounted for

$ 8,654,244.28

Disbursements to U. S. Treasury for Period
Balance in Special Account First National Bank, Atlanta

$ 8,100,000.00 554,244.28

Total Accounted for

$ 8,654,244.28

TRUST FUND
Balance on Hand July 1, 1939 Receipts:
Transfers From Clearing Account

$17,462,252.25 8,100,000.00

Total to Be Accounted for

$25,562,252.25

Disbursements for Period: Transfers to Benefit Payment Control
Balance in Special Account Treasurer of United States, Washington

$ 3,800,000.00 21,762,252.25

Total Accounted for

$25,562,252.25

BENEFIT PAYMENT CONTROL ACCOUNT

Balance July 1, 1939
Receipts for Period: Transfers From Trust Fund

$ 100,000.00 3,800,000.00

Total to Be Accounted for

$ 3,900,000.00

Disbursements for Period: Transfers to Benefit Payment Account $ 3,700,000.00
Balance in Special Account First Nat'l. Bank, Atlanta, June 30, 1940-- 200,000.00

Total Accounted for

$ 3,900,000.00

SCHEDULE 8 75

""^TMTMm

i iiiiiiiiiyiiiiiiiiiiiMBiBiBinmiBmiwiMBf

Receipts and Disbursements United States Employment Service

JULY 1, 1939, JUNE 30, 1940

Receipts for Period: From Federal Government

$77,207.00

Total to Be Accounted for
Disbursements for Period : Transfers to Labor Department

$77,207.00

Total Accounted for

$77,207.00 $77,207.00

SCHEDULE 9 76

m\ 'lilHMMrailWillMI^

' """

Receipts and Disbursements Federal Aid -- Education

JULY 1, 1938, JUNE 30, 1940

REHABILITATION FUNDS

Receipts for Period: From Federal Government

$ 44,967.45

Total to Be Accounted for
Disbursements for Period: Transfers to Educational Department Balance in Special Account, First National Bank, Atlanta

$ 43,220.82 1,746.63

Total Accounted for

VOCATIONAL FUNDS

Receipts for Period: From Federal Government

$606,138.41

Total to Be Accounted for
Disbursements for Period: Transfers to Educational Department

$606,138.41

Total Accounted for

$ 44,967.45 $ 44,967.45 $606,138.41 $606,138.41

SCHEDULE 10 77

iHMHHM^HHHBi^^^HHHBHi^Hi^H^BnnB^^^n^^n^^HHHii^^nBBnn^^HHn^HV

Receipts and Disbursements National Industrial Recovery Fund--Highways

JULY 1, 1939, JUNE 30, 1940

Balance on Hand July 1, 1939 Receipts for Period:
From U. S. Treasury
Total to Be Accounted for
Disbursements for Period: Payments to Contractors
Balance in Special Account, Fulton National Bank, June 30, 1940

$412,161.77 161,692.01
$555,750.64 18,103.14

$573,853.78 $573,853.78

SCHEDULE 11 78

^gHnUMHaBBHnMHunHBHHKH

Statement of Checks Received from Federal Government and Endorsed to Governor

JULY 1, 1939, JUNE 30, 1940

Federal Aid--Highways
Endowment and Maintenance Agricultural and Mechanical Arts. For Erection New Office Bldg Public Health:
General Venereal Disease Control Child Health Services

$3,580,671.12
105,568.93 366,939.00
$ 286,481.00 154,402.00 161,236.41 602,119.41

Social Security: Aid to Blind Dependent Children Old Age Pensions Child Welfare
Crippled Children

$ 69,423.17 460,859.37
1,262,735.11 49,866.59
105,394.37 1,948,278.61

Total

$6,603,577.07

SCHEDULE 12 79

o^jtVwfi-a'jSj

HiHISHHBnwtS^^^^ESBHMSHOIHgBll^Bini

l^HHi^H

Statement of Bonded Debt

General Fund

Date of Issue

JUNE 30, 1940

Rate of
Interest

Amount

Total

University of Georgia --Non-Negotiable:

1890 Due Oct. 1940 _ 7 % $ 3,000.00 $

1892 July 1942 _ 7 %

2,500.00

1896 July 1946 7 %

7,000.00

$
12,500.00

1908 1909

Jan. 1958 _ -31/2% Jan. 1959 -31/2%

2,000.00 7,000.00

9,000.00

1935

July 1985

5 %

242,202.17 242,202.17

1935 1935 1935 1936 1937 1938 1938
1939 1939

July 1985 -4%% July 1985 -4i/4% July 1985 -41/4% July 1986 -41A% July 1987 -414% July 1988 -41/4% July 1988 -41/4% Feb. 1989 -41/4% July 1989 414%

99,000.00 39,000.00 32,000.00
28,000.00 5,000.00 5,000.00 4,000.00 15,000.00
2,000.00

229,000.00

Total University of GeorgiaB onds

General State of Georg ia Bonds:

1915 Due July 1, 1940 -41/4% $ 200,000.00

1915

July 1, 1941 -41/4%

200,000.00

1915

July 1, 1942 -41/4%

200,000.00

1915

July 1, 1943 -41/4%

200,000.00

1915

July 1, 1944 -41/4%

200,000.00

1915

July 1, 1945 -41/4% 1,525,000.00

1926 July 1, 1946 414% 226,000.00

$ 492,702.17 2,751,000.00

1922

July 1, 1945

43^%

173,000.00 173,000.00

P ast Due Bonds Not Presented i or Payment:

1866 Due July 1, 1886

None $ 1,500.00

1876 July 1, 1896

None

1,000.00

1877 July 1, 1889

None

1,000.00

3,500.00

Total General Bonds
Less Reserves: Constitutional Sinking Fund Statutory Sinking Fund Past Due Bonds _ Sale of I'roperty

$2,927,500.00

$ 100,000.00 43,000.00 3,500.00 4,040.00

150,540.00

Net G(meral Bonds

$2,776,960.00

Net Vidid Bonded ]Debt SCHEDULE 13

$3,269 662 17

80

--i.

^mmtmmmmmBaaBKmKBKUtmB^ummasuasimaaBamMmm

Statement of Bonded Debt Allocated Funds

Date of Issue

Rate of
Interest

Amount

Total

State of Georgia Highway Refunding

Bonds--Payable From Funds Allocat-

ed to State Highway Department

1939 Due March 15, 1946

2%

1940

March 15, 1947

2%

$2,650,000.00 2,650,000.00

Total Highway Refunding Bonds

$5,300,000.00

SCHEDULE 14 81

J;fe^*^S22S23^^

Statement of Fuel Oil Tax Distribution

JULY 1, 1939, JUNE 30, 1940

Receipts for Period : July, 1939
August September October November December
January, 1940 February March April
May June

$ 1,751,697.88
1,844,794.33 1,842,088.70 1,815,795.79 1,809,934.65 1,786,597.09
1,888,623.03 1,613,009.65 1,641,553.91 1,824,452.22
1,874,947.70 1,920,755.12

Total Receipts
Distribution for Period: General Fund Department of Revenue Department of Education--Equalization Highway Department County Grants Stabilization Fund

$21,614,250.07
$ 513,742.17 99,566.47
3,584,363.14 13,209,145.32 3,476,832.26
730,600.71

Total Amount Distributed

$21,614,250.07

SCHEDULE 15 82

mgggjigglBgg^giHMMM' HBMMiBlttiiinnBwaBMa^wimni

Statement of Distribution Fuel Oil Tax Grants to Counties

COUNTY
Appling
Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien
Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden Candler Carroll
Catoosa Charlton Chatham Chattahoochee
Chattooga Cherokee Clarke Clay Clayton Clinch
Cobb Coffee Colquitt
Columbia Cook Coweta Crawford Crisp Dade Dawson Decatur
DeKalb Dodge Dooly Dougherty
Douglas Early

JULY 1, 1939, JUNE 30', 1940

AMOUNT

COUNTY

$26,566.07 Echols

21,077.06 Effingham

17,745.82 Elbert

12,701.55 Emanuel

17,465.70 Evans

16,297.39 Fannin

13,399.88 Fayette

28,119.36 Floyd

17,018.03 Forsyth

28,426.20 Franklin

20,201.32 Fulton

14,765.21 Gilmer

25,183.68 Glascock

28,098.48 Glynn

-

22,876.46 Gordon

32,236.70 Grady

33,360.37 Greene

17,901.20 Gwinnett

16,788.16 Habersham

21,552.71 Hall

15,668.31 Hancock

24,552.97 Haralson

12,572.27 Harris

28,248.78 Hart

21,087.12 Heard

11,482.87 Henry

13,773.46 Houston

16,815.32 Irwin

11,168.84 Jackson

13,606.74 Jasper

17,771.74 Jeff Davis

29,352.59 Jefferson

30,051.23 Jenkins

32,832.00 Johnson

33,376.27 Jones

20,088.11 Lamar .

14,683.71 Lanier

25,717.13 Laurens .

19,399.38 Lee

19,283.60 Liberty

18,098.28 Lincoln

19,718.21 Long

28,413.42 Lowndes

23,856.23 Lumpkin

33,564.28 Macon

20,126.60 Madison

21,642.61 Marion

11,147.60 McDuffie

23,248.86 Mclntosh

SCHEDULE 16

83

AMOUNT
$21,705.43 14,850.68 22,348.99 42,003.23 14,755.75 17,006.45 15,172.19 26,452.96 15,283.47 23,926.60 41,115.24 18,940.29 10,301.74 22,620.02 20,178.10 29,841.16 22,563.24 35,496.50 20,828.43 28,477.71 22,229.63 16,256.63 32,141.32 19,592.40 15,268.06 26,113.68 25,260.20 16,606.36 27,196.23 27,266.52 12,822.52 36,166.19
19,069.87 22,845.21
27,018.53 14,319.67 18,904.06 48,786.22
9,858.79 24,587.45 14,377.42 15,619.29
36,197.25 19,958.41 26,160.67 22,773.18 17,749.42 14,808.13 14,853.63

KwSSSfiKSSiH

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COUNTY
Meriwether Miller Mitchell Monroe Montgomery Morgan Murray Muscogee Newton
Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph Richmond Rockdale Schley Screven Seminole Spalding
Stephens Stewart Sumter

Statement of Distribution Fuel Oil Tax Grants to Counties
(Continued)

JULY 1, 1939, TO JUNE 30, 1940

AMOUNT

COUNTY

$31,856.36 13,805.88 41,246.69 39,299.18 18,428.27 19,086.54 14,860.95
24,231.16 22,515.55
14,664.97 21,414.60 28,199.43 10,934.57 18,195.02 18,601.93 11,591.83 19,644.96 19,164.82 22,262.36 10,912.55 17,371.09 15,675.26 21,902.49 11,991.61 11,013.43 21,907.23 14,060.98 15,233.66
11,713.88 19,936.07 27,670.12

Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift
Toombs Towns Treutlen Troup
Turner Twiggs Union Upson Walker Walton
Ware Warren
Washington Wayne Webster Wheeler
White Whitfield Wilcox Wilkes Wilkinson Worth

AMOUNT
$23,271.41 15,339.67 28,401.28 26,517.26 39,170.57 19,989.95 40,089.24 19,300.25 21,845.93 11,409.65 18,995.50 28,105.01 21,255.34 21,822.72 16,242.60 20,970.79 22,412.85 22,006.68
30,041.52 17,335.71 28,284.12 27,060.28 15,331.75 24,845.55 17,183.55 15,485.03 20,605.55 19,876.45 22,726.14 31,509.77

Total Paid to Counties for Period

$3,448,630.56

Recapitulation

Balance on Hand, July 1, 1939 Receipts for Period

$ 280,767.77 3,476,832.26

Total
Less: Balance on Hand, June 30, 1940

$3,757,600.03 308,969.47

Total Paid to Counties for Period

$3,448,630.56

SCHEDULE 16

84

Statement of Collateral Deposited with Bond Commissioner

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Acacia Mutual Life Insurance Co Accident & Casualty Insurance Co Aetna Casualty & Surety Co
Aetna Insurance Co Aetna Life Insurance Co
Afro-American Life Insurance Co Agricultural Insurance Co Albany Insurance Co
Allemannia Fire Insurance Co Allied American Mutual Fire Insurance Co
Alliance Insurance Co
Allstate Fire Insurance Co All States Life Insurance Co Allstate Insurance Co American Alliance Insurance Co American Automobile Fire Insurance Co American Automobile Insurance Co
American Bonding Co American Casualty Co American Central Insurance Co
American Credit Indemnity Co American Druggists' Fire Insurance Co
American Eagle Fire Insurance Co American Employers Insurance Co
American Equitable Assurance Co American Fidelity & Casualty Co., Inc American & Foreign Insurance Co
American Guarantee & Liability Insurance Co American General Insurance Co
American Indemnity Co American Insurance Co American Life Insurance Co. of Alabama American Motorists Insurance Co
American Mutual Liability Insurance Co American Mutual Liability Insurance Co. (Wkms.)__ American National Insurance Co
American Policyholders Insurance Co American Security Insurance Co
American Surety Co
American Union Insurance Co Anchor Insurance Co Associated Indemnity Corporation
Atlanta Life Insurance Co
Atlanta Title & Trust Co Atlantic Mutual Fire Insurance Co
Atlas Assurance Co., Ltd. of London

U. S.

$10,000.00

U.S.

50,000.00

Co.

25,000.00

Mun.

10,000.00

U.S.

25,000.00

U. S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

11,000.00

U.S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U.S.

25,000.00

U. S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U.S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U.S.

10,000.00

U. S.

25,000.00

U.S.

10,000.00

U.S.

35,000.00

U.S.

25,000.00

U. S.&Mun. 10,000.00

U. S.

25,000.00

U. S.

25,000.00

U.S.

50,000.00

U. S.

13,000.00

U S.

10,000.00

Hwy.

50,000.00

U.S.

25,000.00

U.S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

Mun.&Co. 100,000.00

Inv. Shares 25,000.00

Ga.&Co.

10,000.00

U. S.

10,000.00

SCHEDULE 17

85

iSsas^

^HBHI^HHHHHBHraH^^HHi^HHHaP

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OF COLLATERAL

AMOUNT

Automobile Insurance Co Automobile Mutual Insurance Co. of America

U. S. U. S.

$10,000.00 10,000.00

Baltimore American Insurance Co Bankers Indemnity Insurance Co
Bankers & Shippers Insurance Co. of New York Bankers Health & Life Insurance Co Benefit Association of Railway Employees
Berkshire Mutual Fire Insurance Co Birmingham Fire Insurance Co. of Pennsylvania
Bituminous Casualty Corporation (Wkms.) Boston Insurance Co
British American Assurance Co. of Toronto British General Insurance Co., Ltd
Buffalo Insurance Co

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Mun.&Co. 116,000.00

U. S.

10,000.00

Inv. Shares 10,000.00

U. S.

10,000.00

U.S.

50,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Caledonian Insurance Co Calvert Fire Insurance Co California Insurance Co Cambridge Mutual Fire Insurance Co Camden Fire Insurance Association Car & General Insurance Co., Ltd Carolina Mutual Insurance Co Carolina Insurance Co Casualty Reciprocal Exchange Central Manufacturers Mutual Insurance Co Carolina Life Insurance Co Central Fire Insurance Co. of Baltimore Central Surety & Insurance Corporation Century Indemnity Co. of Hartford Century Insurance Co., Ltd. of Edinburgh Citizens Insurance Co. of New Jersey City of New York Insurance Co Columbia Casualty Co Columbia Fire Insurance Co Columbia Insurance Co. of Jersey City Columbian National Life Insurance Co
Commercial Casualty Insurance Co Commercial Standard Insurance Co Commercial Union Assurance of London
Commercial Union Fire Insurance Co. of N. Y Commonwealth Life Insurance Co Commonwealth Insurance Co
Concordia Fire Insurance Co. of Milwaukee Connecticut General Life Insurance Co

U. S. U. S. U. S. U. S. Mun. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. Mun. U. S. U. S. U. S. U.S. U. S. U. S. U. S.
U. S. U. S. U. S.
U. S. U. S. U. S.
U. S. U. S.

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,OOo!oO 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 25,000.00 10,000.00 10,000.00 10,000.00 25,000.00 25,000.00 2o]oOo!oO 10^000.00
25,000.00 10,OOo!oO 10,000.00
10,OOo!oO 10,000.00 loloOO.OO
10,000.00 10,000.00

SCHEDULE 17

86

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Continental Casualty Co
Continental Insurance Co. of New York Connecticut Fire Insurance Co Connecticut Mutual Life Insurance Co
Cuna Mutual Society
Credit Life Insurance Co

U. S.
U. S. U.S. U. S.
U.S.
U.S.

$25,000.00
11,000.00 10,000.00 10,000.00
10,000.00
10,000.00

Dixie Fire Insurance Co Eagle Indemnity Co Eagle Star Insurance Co., Ltd East & West Ins. Co. of New Haven, Conn
Emmco Insurance Co Empire State Insurance Co Employers Liability Assurance Corporation, Ltd Employers Mutual Liability Insurance Co Employers Re-Insurance Corporation Equitable Fire & Marine Insurance Co Equitable Life Assurance Society of U. S Eureka-Security Fire & Marine Insurance Co Excess Insurance Co. of America Export Insurance Co Expressmen's Mutual Life Insurance Co
Factory Mutual Liability Insurance Co Farmers Co-operative Insurance Association
Federal Insurance Co. of New Jersey Federal Life & Casualty Co Federal Union Insurance Co Fidelity & Casualty Co. of New York Fidelity & Guaranty Fire Corporation Fidelity and Deposit Co. of Baltimore Fidelity Mutual Life Insurance Co Fidelity Phoenix Fire Insurance Co. of N. Y Fire Association of Philadelphia
Firemen's Fund Indemnity Co Firemen's Fund Insurance Co. of San Francisco Firemen's Insurance Co. of Newark, N. J First American Fire Insurance Co Fitchburg Mutual Fire Insurance Co First National Insurance Co. of America Franklin Fire Insurance Co. of Philadelphia Franklin Life Insurance Co Franklin National Insurance Co. of New York

U. S. U.S. Hwy. U. S.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U.S. U. S.
U. S. U.S.
U. S. U.S. U. S. U. S. U. S. U. S. U. S. U. S. U. S.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U.S. U. S.

10,000.00 25,000.00 10,000.00 10,000.00
10,000.00 10,000.00 25,000.00 10,000.00 50,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00
25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00

Guardian Life Insurance Co. of America General Accident, Fire & Life Assurance Corp

U. S.

10,000.00

U. S.

10,000.00

SCHEDULE 17

87

'ife^^^i--SSESS^SK^^

|g

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OP COLLATERAL

AMOUNT

General American Life Insuranc Co General Casualty Co. of America General Exchange Insurance Corporation
General Insurance Co. of America General Re-Insurance Corporation
Gibraltar Fire & Marine Insurance Co Girard Fire & Marine Insurance Co
Glens Falls Indemnity Co Glens Falls Insurance Co Globe Indemnity Co
Globe & Republic Insurance Co. of America Globe & Rutgers Fire Insurance Co. of N. Y Guarantee Mutual Life Co
Guaranty Life Insurance Co Gulf Life Insurance Co
Grain Dealers National Mutual Fire Insurance Co Granite State Fire Insurance Co
Great American Indemnity Co
Great American Insurance Co Great Northern Life Insurance Co

U. S. U. S. U. S.
U.S. U.S.
U. S. U. S.
U. S. U. S. U.S.
U. S. U. S. U. S.
Co.&Mun. Ga.
U. S. U. S.
U.S.
U.S. HOLC

$10,000.00 10,000.00 25,000.00
10,000.00 50,000.00
10,000.00 10,000.00
25,000.00 10,000.00 25,000.00
10,000.00 10,000.00 10,000.00
100,000.00 10,000.00
10,000.00 10,000.00
25,000.00
10,000.00 10,000.00

Halifax Insurance Co Hanover Fire Insurance Co. of New York Hardware Mutual Casualty Co. (Wkms.) Hardware Dealers Mutual Fire Insurance Co Hardware Indemnity Insurance Co. of Minnesota Hardware Mutual Insurance Co Hartford Accident & Indemnity Co Hartford Fire Insurance Co
Hartford Live Stock Insurance Co Hartford Steam Boiler Inspection & Insurance Co
Home Fire & Marine Insurance Co Home Indemnity Co Home Insurance Co Homeland Insurance Co. of America Homestead Fire Insurance Co
Houston Fire & Casualty Insurance Co

U.S. U S. U.S. U. S. U. S. Mun.&Co. Mun. U. S.
U. S. U. S.
U. S. U.S. U.S. U. S. U.S.
U.S.

10,000.00 10,000.00 50,000.00 10,000.00 lo'oOO.OO 10,000.00 25,000.00 25^000.00
10,000.00 10,000.00
10,000.00 25,000.00 25,000.00 10,000.00 10,000.00
10,000.00

Iowa Hardware Mutual Insurance Co Implement Dealers Mutual Fire Insurance Co Indemnity Insurance Co. of North America
Indiana Lumbermen's Mutual Insurance Co Industrial Life & Health Insurance Co Inter-Ocean Casualty Co Interstate Life & Accident Co

U.S. U. S. U. S.
U. S. Mun.&Ga. U.S. U. S.

10,000.00 10,000.00 25,000.00
10,000.00 100,000.00
10,000.00 10,000.00

SCHEDULE 17

88

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OP COLLATERAL

AMOUNT

Insurance Co. of State of Pennsylvania Insurance Co. of North America

U. S.

$10,000.00

U.S.

10,000.00

Jefferson Standard Life Insurance Co John Hancock Mutual Life Insurance Co Jersey Insurance Co. of New York

U.S. Mun. U. S.

15,000.00 10,000.00 10,000.00

Kansas City Life Insurance Co

U.S.

10,000.00

Liberty Mutual Insurance Co. (Wkms.) Liberty National Life Insurance Co Life & Casualty Insurance Co Life Insurance Co. of Virginia Liverpool, London & Globe Insurance Co London Assurance Corporation of London
London Guarantee & Accident Co., Ltd London & Lancashire Insurance Co., Ltd London & Scottish Assurance Corporation, Ltd Lumbermen's Insurance Co. of Philadelphia Lumbermen's Mutual Casualty Co Lumbermen's Mutual Insurance Co Lumbermen's Underwriters Alliance
Lumber Mutual Fire Insurance Co

U.S. HOLC U. S. U. S. U. S. U.S.
U.S. U. S. U. S. U. S. U.S. U.S. U.S.
Mun.

50,000.00 10,000.00 20,000.00 25,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 15,000.00
10,000.00

Manhattan Fire & Marine Insurance Co Marine Insurance Co., Ltd. of London Maryland Casualty Co. of Baltimore Maryland Casualty Co Maryland Insurance Co. of New York Maryland Life Insurance Co Massachusetts Bonding & Insurance Co Massachusetts Mutual Life Insurance Co Massachusetts Protective Association, Inc Massachusetts Protective Life Assurance Co Massachusetts Fire & Marine Insurance Co Mechanics & Traders Insurance Co Mercantile Insurance Co. of America Merchants Fire Assurance Corporation of N. Y Merchants Insurance Co. of Providence Mercury Insurance Co Merrimack Mutual Fire Insurance Co. of Andover Metropolitan Casualty Insurance Co Metropolitan Life Insurance Co Millers Mutual Fire Insurance Assn. of Illinois Millers Mutual Fire Insurance Co Michigan Fire & Marine Insurance Co
SCHEDULE 17

U. S. U.S. U.S.
U.S. U. S. U.S. U. S. U.S.
U.S. U.S.
U. S. U.S. U.S. U. S. U.S. Mun. U. S. U. S. U.S. U. S. U.S.
U. S.

10,000.00 10,000.00 25,000.00
50,000.00 10,000.00 45,000.00 25,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00
10,000.00

89

HMHMBHI^^^^^UBHB^^HHI^^nHHHi^Hni^BBHBBHHHH^Hn

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OP COMPANY

TYPE OP COLLATERAL

AMOUNT

Mill Owners Mutual Fire Insurance Co Milwaukee Mechanics Insurance Co Millers National Insurance Co
Minnesota Implement Mutual Fire Insurance Co Monarch Fire Insurance Co
Monumental Life Insurance Co Motor Indemnity Co
Motors Insurance Co Morris Plan Insurance Co
Mutual Benefit Health & Accident Association Mutual Boiler Insurance Co
Mutual Life Insurance Co. of New York Mutual Benefit Life Insurance Co

U. S. U. S. U. S.
U. S. U. S.
U. S. U. S.
U. S. U. S.
U. S. U.S.
U. S. U. S.

$10,000.00 10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00
10,000.00 10,000.00

National Accident & Health Insurance Co National Ben Franklin Fire Insurance Co National Casualty Co National Fire Insurance Co National Liberty Insurance Co. of America National Life Insurance Co National Lloyds
National Retailers Mutual Insurance Co National Security Fire Insurance Co National Surety Corporation
National Surety Marine Insurance Co National Union Fire Insurance Co Newark Fire Insurance Co New Amsterdam Casualty Co New England Fire Insurance Co New England Mutual Life Insurance Co New Hampshire Fire Insurance Co New York Casualty Co New York Fire Insurance Co New York Life Insurance Co New York Underwriters Insurance Co Niagara Fire Insurance Co North American Accident Insurance Co
North Carolina Mutual Life Insurance Co Northern Assurance Co., Ltd. of London Northern Insurance Co
North British & Mercantile Insurance Co North River Insurance Co
Northwestern National Insurance Co Northwestern Fire & Marine Insurance Co Northwestern Mutual Fire Association

U. S. U. S. U. S. U.S. U. S. U. S. U.S.
U. S. U. S. U. S.
U. S. U.S. U. S. U. S. U. S. U. S. U.S. U. S. U. S. Mun. U. S. U. S. U. S.
U.S. U.S. U. S.&Mun.
U. S. U. S.
U. S. U. S. U. S.

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 20,000.00
10,000.00 10,000.00 25,000.00
10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 20,000.00
10,000.00 10,000.00
10,000.00 10,000.00 10,000.00

SCHEDULE 17

90

^HHIHI ^HHHI

|^^

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Northwestern Mutual Life Insurance Co Norwich Union Fire Insurance Society
New Brunswick Fire Insurance Co National Life & Accident Insurance Co., Inc

U.S. U.S.
U. S. U. S.

$10,000.00 10,000.00
10,000.00 25,000.00

Occidental Insurance Co Ocean Accident & Guarantee Corporation, Ltd Ohio Hardware Mutual Insurance Co Ohio Casualty Insurance Co Old Colony Insurance Co Old Republic Credit Life Insurance Co Orient Insurance Co Ocean Marine Insurance Co., Ltd

U.S. U. S. U. S. U. S. U.S. U.S. Mun. U. S.

10,000.00 10,000.00 10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00

Pacific Coast Fire Insurance Co Pacific Fire Insurance Co Pacific Mutual Life Insurance Co Pacific Mutual Life Insurance Co. of California Pacific National Fire Insurance Co Palatine Insurance Co., Ltd Pan-American Life Insurance Co Paramount Fire Insurance Co Patriotic Insurance Co. of America Paul Revere Fire Insurance Co
Paul Revere Life Insurance Co Pearl Assurance Co., Ltd Peninsular Life Insurance Co Penn Mutual Life Insurance Co
Pennsylvania Casualty Co Pennsylvania Fire Insurance Co Pennsylvania Lumbermen's Mutual Fire Insurance Co. Pennsylvania Millers Mutual Fire Insurance Co
Philadelphia Fire & Marine Insurance Co Philadelphia National Insurance Co Piedmont Fire Insurance Co
Pilgrim Health & Life Insurance Co Phoenix Insurance Co Provident Fire Insurance Co
Providence-Washington Fire Insurance Co Phoenix Assurance Co., Ltd. of London Phoenix Indemnity Co Phoenix Mutual Life Insurance Co
Preferred Accident Insurance Co. of New York Progressive Life Insurance Co
Protective Life Insurance Co

U. S. U.S. U. S. Surety U. S. U.S. U. S. U. S. U.S. U. S.
U.S. U.S. U. S. U.S.
U.S. U. S. U. S. Mun.&Co.
U. S. U.S. U.S.
Mun. U.S. U.S.
U.S. U.S. U.S. U. S.
U. S. Mun.&Co.
U. S.

10,000.00 10,000.00 10,000.00 20,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00 10,000.00
10,000.00 10,000.00 10,000.00
100,000.00 10,000.00 10,000.00
10,000.00 11,000.00 10,000.00 10,000.00
10,000.00 100,060.00
10,000.00

SCHEDULE 17

91

-5fcSP5WSS

zsszsm

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Provident Life & Accident Insurance Co Provident Mutual Life Insurance Co Prudential Insurance Co. of America

Hwy.&Co. $15,280.12

U. S.

10,000.00

U. S.

25,000.00

Queen Insurance Co. of America

U.S.

10,000.00

Reciprocal Exchange Reliance Insurance Co. of Philadelphia Reliance Life Insurance Co. of Pittsburgh Reserve Loan Life Insurance Co. of Texas Retail Druggists' Mutual Fire Insurance Co Rhode Island Insurance Co Richmond Insurance Co. of New York Rochester American Insurance Co Royal Exchange Assurance Royal Insurance Co., Ltd Royal Indemnity Co

U. S. U.S. U.S. U. S. U. S. U.S. U. S. U.S. U.S. U.S. U. S.

10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00

Scottish Union & National Insurance Co Seaboard Fire & Marine Insurance Co. of N. Y Seaboard Surety Co
Seaboard Insurance Co Security Insurance Co Security Life & Trust Co
Sentinel Fire Insurance Co Service Fire Insurance Co Shenandoah Life Insurance Co., Inc Southeastern Life Insurance Co Southern Fire Insurance Co Southern Mutual Insurance Co
Southern Life Insurance Co. of Georgia Springfield Fire & Marine Insurance Co St. Paul Fire & Marine Insurance Co Standard Accident Insurance Co Standard Fire Insurance Co Standard Marine Insurance Co., Ltd Standard Insurance Co. of New York Standard Surety & Casualty Co. of N. Y Star Insurance Co. of America
State Farm Mutual Automobile Insurance Co State Farm Mutual Automobile Insurance Co State Farm Fire Insurance Co State Life Insurance Co State Mutual Life Assurance Co State Mutual Insurance Co

U. S.

10,000.00

U. S.

10,000.00

U S.

25,000.00

U. S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U S.

10,000.00

U S.

25,000.00

U S.

10,000.00

U. S.

10,000.00

U.S.

10,000.00

Ga.

100,000.00

USCo&Mun 100,000.00

Ga.

10,000.00

Co.

10,000.00

U. S.

25,000.00

U.S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U.S.

10,000.00

U. S.&Mun. lo',000.00

SCHEDULE 17

92

mmmmmmm

Statement of Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Stuyvesant Insurance Co

Sun Insurance Office Ltd. of London

.

Sun Indemnity Co. of New York

Sun Life Assurance Co. of Canada

Sun Underwriters Insurance Co. of N. Y

Superior Fire Insurance Co

Superior Life, Health & Accident Insurance Co

St. Paul Mercury Indemnity Co

U.S. U.S. U. S.
U.S. U. S. U.S. U. S. U. S.

$10,000.00 10,000.00 10,000.00
12,000.00 10,000.00 10,000.00 10,000.00 25,000.00

Thames & Mersey Marine Insurance Co., Ltd Tokio Marine & Fire Insurance Co., Ltd Transcontinental Insurance Co. of New York Travelers Fire Insurance Co Travelers Indemnity Co Travelers Insurance Co Trinity Universal Insurance Co Twin City Fire Insurance Co
Union Assurance Society Ltd Union Central Life Insurance Co Union Fire, Accident & General Ins. Co. of Paris Union Insurance Society of Canton, Ltd Union Mutual Fire Insurance Co United Benefit Life Insurance Co United Firemen's Insurance Co United Mutual Fire Insurance Co United States Casualty Co United States Fidelity & Guaranty Co United States Fire Insurance Co United States Guarantee Co United States Fidelity & Guaranty Co. (Wkms.) Universal Underwriters Utica Mutual Insurance Co

U.S. U. S. U. S. U.S. U. S. U.S. U.S. U.S.
U. S. U. S. U. S. U. S. U. S. U. S. U. S. U. S. U.S. U. S. U.S. U. S. U.S. U. S. U. S.

10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 30,000.00 10,000.00 10,000.00
10,000.00 25,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 25,000.00 25,000.00 10,000.00 50,000.00 50,000.00 10,000.00 50,000.00

Volunteer State Life Insurance Co Virginia Surety Co., Inc

U.S.

10,000.00

U. S.

10,000.00

Warners Reciprocal Insurers Washington National Insurance Co Western Assurance of Toronto, Canada Western Casualty & Surety Co Western Millers Mutual Fire Insurance Co Westchester Fire Insurance Co World Fire & Marine Insurance Co

U. S.

10,000.00

U.S.

10,000.00

U. S.

10,000.00

U. S.

25,000.00

U. S.

10,000.00

U. S.

10,000.00

U. S.

10,000.00

Yorkshire Insurance Co., Ltd

U. S.

10,000.00

SCHEDULE 17

93

^^^^^^^^^^^^^HHliMHHMHBHHHHBaH^^^^Mi^^HiHi

)i

Statement ot Collateral Deposited with Bond Commissioner (Continued)

JUNE 30, 1940

COLLATERAL DEPOSITED BY INSURANCE COMPANIES:

NAME OF COMPANY

TYPE OF COLLATERAL

AMOUNT

Yorkshire Indemnity Co

U.S.

$25,000.00

Zurich Fire Insurance Co. of New York

U. S.

Zurich General Accident & Liability Insurance Co., Ltd. U. S.

10,000.00 10,000.00

Total Collateral Insurance Companies

$ 6,049,340.12

Total Collateral Deposited By: Insurance Companies
State Depositories, Sch. 5
N., C. & St. L. R. R. Lease of W. & A. R. R

$6,049,340.12 4,969,522.48
600,000.00

Total Collateral Deposited with Bond Commissioner

$11,621,562.60

SCHEDULE 17 94

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