RECEIPTS AND DISBURSEMENTS OF CONGRESSIONAL TOWNSHIP FUND ON ACCOUNT OF TOWNSHIP NO. 10, RANGE NO. 13, IN RIPLEY COUNTY. Receipts. Balance of interest due township Oct. 31, 1849,... Proportion of $35 46 interest due township,. Amount overpaid,.. $26 98 ... 24 32 6 00 Total,. $57 30 Disbursements. Amount distributed to township during 1850,...... $57 30 RECEIPTS AND DISBURSEMENTS OF CONGRESSIONAL TOWNSHIP FUND ON ACCOUNT OF TOWNSHIP NO. 6, RANGE NO. 5, WEST, IN GREENE COUNTY. Receipts. Balance of interest due township Oct. 31, 1849,... Proportion of $35 46 interest due township,. Total due township Oct. 31, 1850,.... $31 41 11 14 $4255 Disbursements. None during 1850. The School Funds of two townships only in the entire State are deposited with the State Treasurer, an anomaly in the management of funds of this description for which it would be hard to find a plausible reason. Unless a general system of the kind is adopted, of which there is no probability, it would seem to be proper to return these funds to the control and management of the proper officers of the respective counties, and it is respectfully recommended that such a course should be ordered by the Legislature. An act or resolution directing the Auditor of State to pass over to the Treasurers of Ripley and Greene counties the several securities belonging to each, would be sufficient to relieve the State Treasury from the charge of these local funds, and subject them to the general laws of the State. THREE PER CENT. FUND. Balance in Treasury Oct. 31, 1850,... This balance belongs to the following counties, viz: $418 37 $96 56 96 56 96 56 96 56 32 13 $418 37 No moneys have been received from the General Government on account of this fund since Feb. 1844, although a large amount has necessarily accumulated. It is due to the counties and individuals who have claims for money or labor upon the fund, that some steps should be taken to adjust the matter, and obtain from the National Treasury the quota to which Indiana is justly entitled. COMMON SCHOOL FUND DERIVED FROM SINKING FUND. Amount received by State of this Fund to October 31, 1849, ... Amount received, in 5 per cent. Bank Scrip and interest, to Oct. 31, 1850,.... Total,.... $596,322 53 55,863 00 $652,185 53 This is on interest at the rate of six per cent. until refunded by the Treasury. INDIANAPOLIS FUND. Loans of Indianapolis Fund. Balance of outstanding loans Oct. 31, 1849,.... $483 50 Nothing received nor re-loaned to Oct. 31, 1850. $483 50 Sales of Lots in Indianapolis. Balance of principal due from purchasers of Lots in Indianapolis Oct. 31, 1849,.. Amount of sales during fiscal year,. Amount of Principal outstanding Oct. 31, 1850,.. $3,631 92 35 46 Amount received of this fund to Oct. 31, 1849,.. Received during 1850,.. $69,369 33 32,501 33 Total receipts to Oct. 31, 1850,.. $101,870 66 V. INTERNAL IMPROVEMENTS. The works coustituting the Internal Improvement system, together with the amounts they have respectively cost up to the 31st of October, 1850, under the classification of works abandoned by the State, works surrendered to companies, and works retained by the State, are as follows, viz: WORKS ABANDONED BY THE STATE. Jeffersonville and Crawfordsville road, costing,. Wabash Rapids,. Total expended to Oct. 31, 1850,. $339,183 78 73,142 87 14,288 42 $426,615 07 WORKS SURRENDERED TO COMPANIES. White Water Canal. The excess of expenditures over receipts on account of this work up to date of surrender to a company by an act approved January 20, 1842, is... ...$1,092,175 13 MADISON AND INDIANAPOLIS RAIL ROAD. The whole amount expended on this work prior to .... Expended for new stock during the year 1849,. Total expenditures to Oct. 31, 1850,. . . . . . . . . .$1,624,603 05 5,363 35 8,012 33 $1,637,978 73 Excess of expenditures over receipts to Oct. 31, 1850, $1,559,777 86 |