Newspaper Page Text
Tor Pure Dnigs, Cftettueaf J
Patent Medicines, Taints Qihj ' Vaf fri$lic, "Window Glas Pure "Vine( Brandy, Whisky, Fine Tea and Spices coll oti OWKN& M0OKK. IOLE. . AVwiiVij koi'i'l un hand ueom pletc slock of Drug, Patent .Medicines, Paints.Oil, Toilet Articles, IVrfumcry, Brushes etc. Cull and examine before purchasing elsewhere. f VOL. 49. CLAHKSVILLE, TENN., SATURDAY, OCTOBER 12, 1872, WHOLE NO. 2,233. GHRON OIF- FALL ID MM GOODS hi" Rice, Broaddus & Co's. Everything now and desirable in COLORED AND MOURNING DRESS GOODS! Our stock of' l Staple and Fancy BUY GOODS! Is largo and complete at Bottom Prices. BOOTS .AMD SHOES,.- of all kinds and qualities, with Zeidcr's to head the list. The best sewed Calf Boots for the price in the' market. Warranted not to rip. carpets, all grades, and prices to suit everybody ; from 25 cents up. ' 'WHITE GOODS, in endless variety, cheap for cash. - JSTQJ?3:C21STg3, ETC., loo numerous to mention. Call and see for yourselves. Wo buy cash, and can and will sell as cheap as any one. Thankful for your liberal patronage, we solicit a continuance of the same. Kept 2S. IS72-tf. New Shoe Store ! "V.-- L. WILLIAMS, (Successor to J. V. JOUXSOX,) B00TS,SH0ES,HATS,CAPS, Valises and Gent's Furnishing Goods, M 1 f ol 0i,iir,C,,liii'lvK ill,rr,oniiiss-it?c. The slock has been greatly improved by receipts of large Eastern purchases. Please examine my goods before pur chasing elsewhere. A small stock of Notions, embracing Ladies, Misses and Childrens Gloves, Ho siery, etc., at bargain prices. My aim To .sell the best goods at moderate prices. SAM, JOHXTSOIT, Salesman. Si'pt. '.'.S, 1KTJ tf. it. r itowi.iNn. BOOTUItf & TOBACCO COMMtSSJOH . iv. avvu kiioi tsi:, 4'iirnei' l'rcinl and M.vlll Strt'i'tH, Kill. HI r CoNSKlNUK.NTS IU It S.VMl'l.lNU AM SllI.IIMl ;Toil.UTO. ".I'l. Ill, 1171-lf. BARKER & COURTS, iv.i.-:un. 1 I'm hii'ily hi' t lurksx Ille.i HOI I 1 1 I. IKOt I (H Photograpnor, L I U O f( D i- A L E R S3 Nl,llll i-1'1" Market Hlicet, bet. IHll it I0:h, I t.uikli't , ii'.ii ,' v.i II ,..-.! 1 1. .1 , ll I I -. I'l .'- ' . .' i III iiPlill ! for cash and sell for J. J. THOMAS. THOMAS, FACTORS, VNll- MERCHANTS, CLAKKSVILLK, TK X X KSS K K. - - RATES OF ADVERTISING. NO. SQUARES. 1 1 MO 2 310 1 8 MO 0 MO 12 MO I Hquara 1 Hnuiiri...j 3 Houarcs 2 50 5 00 7 00 4 fin 8 00 8 who on 9 00 12 (II 15 0i 20 01' 25 00 83 00 45 00 60 01. ,Rftfl on rut 10 (M 1 2 00 12 OljllfilKI 26 00 80 Oil I K 00 j 60 00; 85 00 ; i Column 10 00 Column.,.., 1200 16 wi 20 oo Column 16 00117 OO SVi 00 'Z Column..,., 26 00 SO 00 1 86 00 30 00.86 0040 00 1 Column...... 100 00 GEO. ALWELL, IlKALCB I FAMILY GROCERIES, C0XFEC TIOINKRIES, TOYS, NOTIONS, Corner Franklin and First Streets, ClavltMvllle. Tcnn., Minnow and Till keen In store a full as sortment of everything usually kept In a flrst-clana Coiifuclioucry and Family ( i ro te ry. Juno 16. '72-lf. THE WORLD RENOWNED ran mm mm Over 40,000 more machine .old last year ihuh niijr unit'i III u-7 Tl,n T n I I ... Mjnnrt!ll iHVltnil Iril1 at Almond A McUiir Photograph Gallery uud examine tlirm. W. A. HUELBYi Agent. July 13, l72-3m ... 3X. 'A. LOWE, WITH GUILT & DODD, Attorneys at Law AND SOLICITOUS IX CHANCERY, No. 9 Cedar Street, NASIIVILLK, TJEIVIN". Prompt .Mention given to collection, .luna 22, 1872-tim. EOMOND B. LURTON. CHAS. W. TYI.KR. LUBTOH & TYLER, ATTORNEY AT LAW, CLARKSYILLE, TENN. Will practice In the courts of Montgom ery and Adjoining couutlc. June 16,'72-tf. W. A. QUAHI.KH. V. M. DANIEL U. M. OUABLKS. . Q uarles, Daniel & Quarles, Attorneys at Law, CLAHKSVILLE, - TENN. Will practice In tlic Courts of Moutgom ervnnd adjoining counties. April 27, 1S72-U' , II. M. 1X)AK, Attorney at Law, -ASO- NOLK'ITOR IN' '1I AXt'F.R V. Will practice at Clurksvllle, Dover and ArlliiKlnn. ,.uilice, on Strawberry Alley, oppo.Hu the i'ourt-houwo. fill). 10, 1872-tf TOMLINSON BROS., HOUSE AND SIGN PAINTERS, PAPER HANGESS & GLASIE?.S CLARKSYILLE, . TENNESSEE. We nre prepared to tnko contracts for all kinds of l'iki lit I UK- Leavo orders lit J.N. liycis' prug More, np. ia-8ni KICII'D ANDF.I1AOM. K. 8. 11HINOHITR.ST. AXDERS0X & BRIXGHURST, DKAtKIlS IS COAL, HAY, SSAI1T, B3AU, ETC., KltAN'KUN 8TKEET. CLAKKSVILLK, TEXN. Doc 21. 171-ly WINFIKLD jkWACII. HAM. K. KAMEY SOUTHERN HOTEL, 4 I.AIIUSYM.LE, - ir.XMSSKE, ROACH & RAMEY, Trop'ra, Tlilnliotnl hrtHhociii'ollUi'dnndreflirnl.slii'd niuri'lill.TMf ffl ONFECTIOei! C. C. EVERETT & CO. ftnve opened n flint clans Confectionery, at MiirrlKuu'N old Ktimd, oiinMile the Court II'iuhc, wlliyii elioico t'iliiteellon, of all kiiuU, w ill tin ke(, at price to mill tliu ti mes. Ki'chIi Clnrlnnall lleer and (rrniii .ilf. 1CH cold, lor all who luduluu. Itiislu'cllully, .. K. t. VERETT A CO. May 1H, 1872-If ISSIIVTIII. Summer Goods at Bargains, We would respectfully Inform the ladle" tlntl we uie oilding extra liidiieeiueuU 111 I.VIillX' HATH. ami n-in n r r. l;,K'. ItlllllllN, ! now h ami tii:h, I KINK LACK liOOlw, itilMI'M, VHlNllll, Ul'Tro.NS, ETC. 'ELEGANT REiUY'MADE SUITS. I ..... ....!..!. ., , ii'.l ,-L. ...I .l,,U',i In l..u.. :iTrur.iwi. j I!" fnliiii hi., Niihln ille, '!' un. Ju) .7,.,K Trees! flowers! Bulbs! Seeds! 111IHIK PLANTS! Niirvry Murk ! Fruit unJ llowrr riutca! Add res t. K. I'llOIMX. nioomlnsloii Nursery, Illinois. in m Acrei; '.'IkI vear: l.'(lreenliiu's. Apide, l.ui I r.. i.o: 2v,km; ,'iy,!iu; ly .av, 1 - - - r r . . i..-,,.; n i)!-. ,iiii !. i.M RI.l'OItT OF Kl-K III, COHniTIEE 4N RAII.HOAD MAI' I CUM. To the Honorable County Court of Mont gomery County. Thecommittce to report upon the . . Vl'y url payers 01 ' I - - - r- . -j ----------- ' n ft rtrnmprv rni intv inritipur in inn IhhiiIiik of nil I road bonds by thecoun ty to tne t ;. & Im i; u ininn.i i to count and arrange fouud In the possession of the County Judge, preparatory to their being burned or otherwise disposed of as the County Court may direct, beg to re port as follows : First, your committee, from cir cumstances which will be readily un derstood by you, have deemed it In cumbent upon theui to make this re port as full as a IiUkji ioiis lnretlira- tion of the facts will admit, and when it is recollected that this Investiga tion runs tnrougn a period or thir teen and a half years, embracing the terms of three County Court Judges. a devastating civil war Intervening, with no report from tiiose wnose duty it was by tho law made and provided in the case to uave mue annum reports, wuu very itnperreet records to refer to, and fuels bearing uiiu mo Buujt-i-i, iniijr iu lie usi-er-1 tallied bv com pari nir. counting and arranging according to number, date, over six thousand coupons, ex amining County Coun lniuutes as to appropriations bearing upon the question, sending a sub-coin inlttco to Nashville to examine books of the State Bank i with many other cir cumstances too tedious to mention, you will be prepared to make due al- owance for any seeming aeiay in this report our committee Will further State that their luvestigution begun at the datoof Sept., 1853, when tho sub- scrlption of the county to the M., C. & L. railroad was agitated, and voted on by the citizens. - We tlud that on the mil day of (September, 1853, the rresident ami Directors of the M., C. & L,. H. II, Comi any petitioned the County Court of Montgomery county to sub mit to the voters ol said county a proposition to issue tho bonds of the county for $i50,000, having thirty years to mature, with coupons for in terest payable semi-annually at the rate of six percent, per annum; that said Court ordered the sherifl of said county to hold such election on the 20th day of October, 1853 ; that Raid election was held on that day ; that the result of said election was, for the subscription, 1,145 voles; against the subscription, 4Z4 votes, as reported by theshei itrto the November term 1853 of said court. Tho next record we find is dated July 7, 1850, which orders that as soon as the impressions are received the County Judge Issue tho bonds of tho county to the President or said railroad company as called for, in pursuance of the terms of subscrip tion. The railroad company hi its original petition for the vote proposed and agreed to pay the interest matur ing on the county bonds up to the completion of the railroad. ' ' Wo further ascertain, not from re cords, that there were issued 83 of snch bonds bearing date July 6, 1850. payable at i0 years. The printed numbers on tho coupons of these bonds are so arranged as to show that four coupons in the original impres sions were not issued. These were the coupons falling due in 1857 and 1858, which matured during the prog ress and before the completion of the railroad, and that tho first coupons paid by the couuty were payable Jan uary 1, 1859. Tho balance of the 250 bonds, 107 In number, beardate July 6, 1858, and the coupons first maturing there on fell due January 1, 1850. Thus all the coupons on all the bonds fell due Jauuury 1,185!) and continued falling fr railroad purposes, certify that wo lected by the 1st of Jau., 1873. Hhould due semi-annually January and July have compared the coupons as do- this be the case, then with the sum of each yearsince that date. scribed in the coupon book of said I to bo derived from the tux list of 1872, Two of tho original bonds were de- county and checked oir by the coupon ! soon to go into the hands of collec etroyed after the railroad received committee, composed of Joshua Cobb, tors, say byOctober 1, we may reason- them, and twelve nave been retired with the sinking fund, thds reducin-j tho actual number of bonds ouutund ing to 10. Tho whole number of coupons ac tually maturing to this date is 6,0'JO at f-'ib each amounting to $200,880. We have counted and find on hand of the.-e coupons 6,,j7. Of this num- nine or the pnstduo runding cou ber, however, thomrh on baud and P" checkeil oil bysuidcom checked oil, GO, or $1,800 exist in the mlttee, and twelve original bonds as form of a judgment unpaid. 1,308 aforesaid, Nos. 48, 87, 00, 01, 02, 03, 94, joiipons were funded, thus leaving l". 177, 178, 180 a.id 211, and six of 4,7'JO as actually paid and on hand fie luii'ling lauds being actually checked olfon coupon book. We II ml ' " """d, the other tw. having a th:il 05 have been paid otr In the form , certificate of purchase and cancella of a Judgment In the Federal Court, tlon by W. I. Hume, cashier of First at Nashville, In the case of J. J. Nationul Bank wliicli have beeu lost Craig vs.. Montgomery County; 5 r mislaid the six on hand being others, maturlnir January. 18(11. naid -Nos. 89, 00, 01, 02, 03, 04, ami tho oth- to Northern Bank of Tennessee, on r two being Nos. 63 and 100, and all ; Thus showing a depreciation or loss affidavit of J. h. Glenn, cashier, of of said coupons and bonds were de- en ua'cssuJ values amounting to $4, theirloss; 8 others, 4 on bonds Nos. atroyed by fireln our prosenoo, to-wlt: 840,'UI, as between these years und 151; 152, 153 and 155, maturing July, 0,-57 original coupons, 2,409 funding fir several years previous. This de 1805, and 4 others of same numbers, coupons ami 12 original bonds and preclutiou und loss ou assessed valuos falling due January, 1800, on afllduvit ' funding bonds. Attached to said has resulted in the necessity of in of J. r. Kirkman of their loss, and 1 bonds there were the following coti-1 creasing our rates of taxation from one on bond No. 40. lallimr due Jan - uary, 1870, on afllduvit of C. V. Ben there were coupous begiuulug July, son of its loss, making 79 coupons of , 1871, aud running on the to inaiu the 439 not checked olfon the coupon rity or said bonds, 24 of them being book, yet paid us above stal-d. We J I" July, 1871, and January 1872; also llnd 011 hanil, atluchedlu th-12 ."'id on the six funding, bonds there original bonds bought by the sinking; were coupons beginning at the date fund, 24 coupons not checked oil", of April 1, 1871, and running ou to w hich mustbeduducted from the 430: i the maturity of said bonds. also must be deducted 23 coupons, not clucked oil, paid by Judge Kimble and not on hand, thus leaving 313 coupous outstanding. bi-mmaky: Coupoiisdut.lncluilliiK.Iaii.72,6,08ll..S2U0l8t0 a puiil and on hand, 4,7ti9 " not paid, ' IK) " IuihUhI " l,:siS " iniid nut " 12 II 1- l......lu tii,..!., ! " outstandinu 313 0.6l6..200,8KO Having thus laid before you a his- tory of theorlglnulbouilMitud coupous we now give you a statcmuutof fund IIIU UIIIMM UI1U l'OllIOU. It will be recullected by the court thut it was thought advisable, nay became absolutely necessary at the close of tho war, with three years ac cumulated interest, ou our rait roud 1 bonds, and an impoverished treasury 'arising from the suppression of civil authority, to apply to the Legislature 'for uufhority to fund this ac cumulated interest. This wus ac cordingly done, and the following is the action of the Legislature on lite uoldner 1 ,.V. , , . , ,, . "lhat tho Judge of tho County ! Court of Montgomery county, Tenn., I be and lie is hereby authorised to issue by, aifl with the ail vice, aud under tho direction of said County 'Court, bonds to (und all, or any pari, 01 1110 coupons uup iiii, 10 auu iiiuiiiu-i . , ing I lie Ut of July, lMiH, upon the' ii,024 43 .ii,iiiil of Uiuds Issued by said coun-; To this must ho added such com ty in paymciituf Us subscription to pensalion as may be allowed the au the flock in the M., C. I,, railroad, diling committee and the printer. f.uJ li'nilr 1 1 v 1 1 t'o f r mii h Buioiiut, ; It 111 thu lie xi'ii thut the co:t up and full due nt such time as said County Court Hhull direct." We further fl ml thnt the following action was had by tlio county court J7"; a" ?Jyt. "'. " ""J . VJ the court, that a tax or 12 cents be ! levied UOon each nMhiinriml .h.llnr. tiirAPlri rW wn .. ' - ' nronertv of suiil eoumy ior ran roaci f hnt tf,e Privilege, of , county for rail road purposes, and said county sub- lor the Ntate laws, for State purposes, be taxed In the same manner, and to the name amount as the (State tax ; and ttiut the clerk of the court proceed to col lect the same, according to law, for rail road purposes." And that order remained In force, save as to tho rate of taxes levied upon privileges, until April 1st, 1887, when we find it ordered by the coun ty court, That the Judge (T. W. King) of this court be authorised to invest any surplus funds arising from rail road taxes and privileges, after paying Interest on funding bonds, in the purchase of rail road bonds, and as he may deem most to the interest of the county. With this authority of the Legis lature and the action of the County Court, as . above stated, there, were issued y&s lutidlng bonds, each for 1 Sim rin Mimnnu u,.Ut,A ,. !$r,4i), payable semi-annually, lt of April and October. Bonds dated Oc tober 1808, and payable in 1881. Of these bonds 8 have been paid with tho money coming luto the county treasury from funds or taxes levied on privileges. The whole number of coupons ac tually maturing up to and including April 1, 1872, on funded bonds Is U.503 ! at fa 4'J euch, amounting to $13,8 ID 20, I We have counted and Mud on hand Und checked as naid ofr" on couoon book, 2,400; on tne 8 bonds purchased not checked off", 3J ; ou tat. 'Hiding, 12 j total, 2,503 at $5 40, $13,840 20. From the foregoing statement wo ; find that our bonded debt at this time may be stated as follows : 218 original II. It. bonds, !1.000 $230.0no 00 223 funded bondH, eaoli 1H0... ..... 4 i,fiou uu Total bonded debt S270.000 UO Add Int. past due on original l nils, Including Judgment on 0 coupons - 11,11)0 01) Add lul. on funded bonds. (148 SO Total llabilltleson bondsand lntS288,348 80 We find most of the coupons have been cancelled, some imperfectly, others remaining uncancelled. With this report we herewith pre sent the coupons and purchased bonds for your examination and orders. We have had as stated, extra ordinary trouble In getting at the facts relative to the bonds and coupons and to prevent like trouble to any future committee, or as a finality, we think this report should be spread on the minutes, If approved by the court, and more particularly should this be done after the burning or otherwise destroying said bonds and coupons. The book In which a statement of these coupons and bonds has been kept by Judge King, and which hasbeen closely examined and verified by. your committee, should be carefully preserved as it contains a complete history of said bonds and coupons, as far as it was possible, to obtain the same by dates and num bers, and is a complete index of paid bonds or coupons funded or otherwise up to the date of this report. Not only should this book be preserved, but a duplicate should be made for the county. 8U11 COMMITTEE'S REPORT. We, the undersigned, a sub-committee appointed by the County Court of Montgomery county, at the July term. 1872, to witness the destruction by tireof the purchased county bonds and the coupons of said county on the original and the funding bonds Issued -v. tmuw, buu unu mat 'd book and said report of said com - uii.ivu cm.iij tuni-.niuiiu, itini mm mutilate, it win also bu seen irom there were on baud, as listed in said ; nu examination of the tabular state book, six thousand two hundred and ' ment above that the aggregateof our titty-seven of said coupons past due tax list lor 1858 amounted lo the sum on tne original ootids, auu mat tnere .. I . .!. l 1 .1 were uimj lwu luousanu lour iiiiuoreu i pons : 011 eucn 01 iue original oniios it. 1). 11KAD, I Til OS. OilUL'KN, VCom. XV. H. Mallohv, J Sept 20, 1872. We will now lay before you state ment of the total cost to the tax pay ers of the county Incident to the Investment in stock iu the M., C. & L. It. It. : , OrlHliinl bond outstanding at Ihisditto . ......S2.Td.000 00 f ' ' ' ' V. 5. 1 V. V..7. . . : ..V:; ; i " u',S, Z 'runding" " j so 1 ouriuiisuriioiou anil luiiuru puei mo,! w UPlXl .27 20 - - 1467,311 001 ISllDENTAL XFENSCA. CommlsMnns paid It. K. tux collec tors and Cimtily .IuiIkh lawyer's lees lu Tenu. IioiuIh ' " at l.oulsvllle unii'd 10.201 II rrlntlngorlginul bonus.. iiinui Inu ltaixea for coupons Courts nobis 011 Jiidguienls. rixpi'Ufti: of cum. lo Nunhvllle.... " ' KlMKlO IiOUlKVlllO... " " Kih to ' rjtciiangron Ji'w iom Aiivvrilning 10 lunu liilcresi jut.on coupons. .. j " and cost j.idg't invor Uaig... cZmm,m Jmfciiiuion mnding ciupmia .". romp. I.uui iiie soli .'and U. uCid1:!.. 78 IMI 3,671 43 1,700 111 to Oils date, of our railroad Invest ment, amounts to the enormous sum of $105,024 45, that our interest bear ing debt Is $20,500 greater than when we made the investment. We here present's tablo showing the specific and aggregate amounts of property on which a" railroad tax has been assessed, the rate of assess ment, the years In which the assess ments were made, and prand aggre gate of assessment for the years in which a levy has been made, com mencing with 1858 and closing with 1871, also showing amount of taxes, paid and unpaid, commissions, eto. : 8 I 83 as - ST 3 JJ a a i T Si Sis G 2 J!iM! II tea aa i!3 SI 23 222SS22S3 3!2:3sa,?,'5SS$2S fc 3 r? 1 -o si n "! s asi S2"2"S'S"3!if 8 iW4:Ml't. V -r" ci iiin ?i 35S35SSSSSs ilillllllig 3 8 jaocdasaoca - M H We flud from the above table that the net income derived from assess ments ou property for railroad pur poses from 1858, when the first assess ment was made, to and including Jan. 1, 1872, leaving out, however, 1802-3 4, years of the war, when no assessments were made, amounts to the sum of $181,595 25; that of this i amount there has been collected i:ii oi.i :u ImrvIhit nniifi arui 1 552 1)1, Our collectors assure us that of this amount SiS. 000 will he nil. ably expect to be able to pay oil all ; past due and accumulated ooupous to 0f 9,087,011, as follows: I I ' Tax on laud " " lum ncroe. " " oluor property ... ,330.878 lf-6 H..I47.IM (j7ll,7aj . ,(S7,0U Wlillst for the year 1871 our aggregate tax list amounts to $5,146,985, as fol lows : Tix ou land " ' lulN " ' oilior property ,....13,705,ia) l,iii.li.;io .... 772.M6 6,lW,Wo 1 ju cents oil ine nunuoeu uoiiars 10 00 cents, that our annual Interest on railroad bonds might be provided for. In 1858 taxes were so light none felt them as all were prosperous. Now the reverse Is the case, and tax payers are now found com paring the relative assessed values of adjoining lands, aud finding great discrepancy in the values, complain that their neighbors lands, equally or inure valuable than theirs, are assessed at from a fourth to a half less, aud petition that theirs be reduced corresponding ly. 'I'liis would be right provided his neighbor's land was properly assessed wrong if bis own laud was properly assessed, l'e titlousare always for reductions! This demonstrates the necessity for a more equitable and systematic mode of assesHing property, in close prox- 1 imity with this Is prompt collections and payments by revenue collector. uurcouuty, in uotii tiiese particulars. certainly ,.ee.l- reform, f.r .11 our fl- 1 nunciul difjicultiea originated from want of proper assessments, prompt collections and paymentsi We oall your attention 1 1 tiiese matters, luav 1 lug It with you to take such action In . c 8 1832:3 ??.T,2 lo.Ti 1 26 1 the premises rs you may deem ad vis-, ii5?.!l' 4.1 ml We will add further that no sup-1 11? 'I? 'plcmcntal nor delinquent lists have 11 SJ i oeen presented exoept as in the table, ao im J. H. Martin, one ol the collectors, 17 ouimukos however, this statement, that "3! the dellnUent list for laoO, will bo sis 13; about o00 j and fori SOI, aUiut$iO0, " ''aud that the supplemental list for w w said years will make up for any bat- anno of delinquent lists for said years. We have mentioned all releases which have beeu authoritatively presented lo us; others are however claimed which will have to lw acted upon by the court, and which may reduce the balunee vet to becollec L'U'U. Tho list Of J. W. Mi'Daniel has beeu hau'l' d J. H. Mnrtiu, an nciit, to wlnd up. Some $ll000of the balance named in the table, bus been levied on real estate, which will probably be sold January 1st, 1873 If uot paid bctore mi public tax sale for casu. Now from ibis date by fixing a rrtfe of taxation on property for rail roud purposes, so as to have an adequate amount come into our nanus to meet promptly the Interest as it falls due, thereby preventing ciwt In suits, ami ths paying compound Interest, and setting apart as a sinking fund whatever amount may arise from takes on merchants privileges, as a sinking fund proper, we will have, in the opinion of your com mittee, taken the initiatory steps to save much money to tax payers, and ultimately to meet the rail road bonds at their maturity. As to the creation of a sinking fund, we uuote from chapter 170, section 3 of the acts ol 135.1-64 as follows : "That in the event the profits aris ing from the dividends of tho stock ownod by said county In said road, snsii not oe suincicnt to raise a sur plus, by creating a sinking fund to pay said bonds at maturity, thocoun ty court shall levy a rail road tax In the manner prescribed by the act passed 22nd January, 1S52. which when collected shall be applied to the creation 01 a iumi witn wnicn to pay the bonds when they shall mature." Judge T. W. King In acoount with R.R. tax proper. To cab from L. M, Bently. Judii. thronih J. R. Martin $ 5.2-, tK) r roni j. h. smriin, u. u. lux 001... 67.2ns 82 " J. T. Htaton, " 26.Sk) 74 - j. w. Mcuaniei Dy Martin.... 4,0,14 27 m4ll 83 VHE1IIT. Bv cash naid on orlalnal Mnnnni por Judge King's general occ't..M,24 88 aisKiso rcHD in jroon kiro's tivb. Rec'd from w. E. N swell, C. ('., as per King's general acc't, 110.840 SO lew ain't rlundd (error) 111.126 57 from f.Oncal.cllc ........, U1.442 6S Dividend from L. N. R. It 2,M.ri 00 Dmuouut in chhii on coupons 10 80 " on purchased bonds und con pons 5,,im on isiNcouuion county oiaiuis ....... tu 74 ' " school wurrouta D18 S3 l(l,8J8 02 CBEDIT. Caih paid on original coupons (10,471 07 ' " fuuSlriK ' 13,008 60 punmunDi iz origi nal and 8 funded bondsand at tached eouporm, of which cou pons 24 oriitlnul and .12 funded are now past due, face value 14,332 80 vniiii paui oilier riiiirouu expenne4 as per Ills general ace't... Cash paid for county claims to be 8,ttl 67 paid iiy couuiy wuu interest to sam lunu, race value fly loss on purchase and resale of Toimuwwe bonds By cash ou band, In bank 8,063 K S0 fMi 84 64 4,sjojS Summary of Receipt and Disbursements oi n. rt. iax, rriviiege, uiymunun, and Profits 1 bcoclab tax. Kimble's receipts...... t38,ll7 01 Benlley's 000 00 King's " .... ... Gi.Kl at " " 25 040 74 M " 4.o:4 27 131,018 34 rmviLEOE tax. Klmblo . ...J t.XVt 48 King 42.0S.13S 49,418 84 D1VIDBVDS ON L. A H. R. R. King 2. 14,r. 00 pronui ou coupous.. - 82 SO 2,237 00 Total 181,7 78 RKCAriTUI.ATIOW. HKBTOR, To Kimble's receipts It. It. tax.. '....88,107 01 " " " prlv. tax 0,333 40 41.5J0 4; CItKDIT. fly 1,457 coupons, $.10 each..., Kxchnuae on New York 43,710 00 83 75 Ain't In .Statu Bunk undrawn. Kx pernios paid Coin's drawn out of troavury on above aiu'l of H. It. tax 3S3 0M 6 08 300 01 44,630 47 VIBTOH, ToL.M. Bentley'irooelplsU. R.tax.,886 00 CREDIT. Balanoa paid Judge King 6,285 00 Ralanoe t 800 00 DKDTOR. To Judge Klng'sreeoiuu R. II (ax from J udao Itentley 5,25 00 From J.R. Alartlu fi7,2S S2 J. T. MUilon a&,U40 64 " J. W. MuDuulel through J. R. Martin .. 4,W!( 27 From privilege tax... , 42.0S.I Ss " dividends on I.. A N. R. It... 2,1 4S 00 " prollU ou purvhaaed c'p ui 02 00 130,007 81 CREDIT. Uy cash paid for 3,424 coupons at 80 ouch . 102.720 00 Cash paid for 2,10V funding co'p'us m a vj encn . i.l,uuo w Cash paid lor 12 original bunds. l.OdOoaeh, and 8 funding bomls. ISO each, Willi coupons attached Caxh patil for other it. R expense Cash bald fur oounly olulius Cash lubauk 8,027 20 3.7li0 (HI S.IIIS 17 U4 II I 130,507 31 Hluturaout of Sinking Fund! nCBTOR. Rec'd from V. Rogers, C, C, from Jan., '; t Jan., 'do Duo from W. Roger and oourltloa from Jan., 'lll to July, '01 Int. to July, 72 on mine From W. K. Newell, c.C. from July lsuo to Jan., ISill u From W. IV Newell from Jan., 'Si to Jan., 'no Imid from W . E. Newoll and scouri- tlon In '07 2,086 M 1,641 21 1,113 27 2,02.1 60 7,926 67 4,702 06 1,036 88 31.412 6? Int. on sumo from Oct., '07 to July 104 Frein f.Oneil.C. C.. from Novi, '07 to and IncludlnK Anril 1. '72 Dividend on stock I,. A N R. H UUi'iuut on 07 coupons. .. 2,1-16 0U Vt 00 ,. C,36 W 2 74 .. SO I 53 (l046li " 011 ooiiiisauu coupons. . . " " county claims " " school warruuls. ........ ri'.EDlT. Dy compromise with J. H. Major aa security for W. Itouera. I'.t: 440 1.', Balance proerly ohai guide to o'ty 2,214 S3 Ain't in suit vs. W, b. Newell and urollu S ilt 73 Fald on orlalnal o'p'ns ity ICluible .i76 13 ('ommlsMliiiis paid Klmhle ,riS 3J Funding coupon paid by King . . 13.UM u0 Il iiula Willi oouuon paid by King 14.il.ii Ml Original ,! " " . 10,173 07 oiharpaymentaonR.lt. 3,,'64 67 Cash for county claiint purchased and duo from county with Int . . . 8,063 16 I ,os t o pumliaa and res I of Toiinose D.iuJs tm W Cash on baud la bank ...,u. M 64 idTM6i Judge T1, W. King In acoount ltb Moul gouiery eouuty I biBtog. For railroad taxes colluded and dnponlted by .1. It. Murtlu lu First NuUousf Hans of Clarksviliv, Tenn., from Mr 1. M, to June J. 1S7J, luoludlng 6,2(J (rum 1..M. Boully - IWJJ71 32 For II. It. tmmool looted and il l pueiled aa above by J. T. HIaloa 00 lax list ol 70-71 to June 2U,'7 33.010 71 For II. K. las on MobauUi's list, vfiuiwivu ptuu uiuii(i oy j. ii, Martin lax prior lo Ju y, l7J .... 4,021 17 For privilege tua eulltoted and p'd tu iiiv ijt n, n, iivwsil. u. L.. uu to January, lftiij..,..i ,. M1 8.140 80 S'Hiie from Jan.. issd. lo Mtipi., I NO 1:. 2,M0 00 Fur lirlvUmolHX from I'.ilnusl .1., from 8tfp., '07 lo A eod'g Ap'l Tl. 31.412 68 Fordividand It K, slock 2.146 00 "Ulacounlou 7 coupuus., yj W 1130,607 31 catiiir, For 2,426 counonaorlg'nal bond..i02,770 00 " 2,4') lunued " . 14,uu OU 12 original bonds, tl.noOesrb. still S ri.,i,l.rf K.....I. tiy.i l. For printing fuiuled boiid'. " advertising bolder lo fuud eoupuu For W. K. Niiwelliuui't overpaid) " boxii for coiipuus e,-iipoi,u. lul " ' ' jii i .' j 1 1 ' tali wim ciiiimus atiaciieil , 1.827 2fi 4v Ml OK 214 71 M' US 1.1 n ' Int. tihif sfa'irip on Bote lo Ut National Hank ,; DO on For expciix Judge Klnglu laiu- Isvllle.suluor U. li.aionk. SO OO For ckimtis iil-conimiiioe o Nashville 10 examine booka of ' ,MtaV Pink. ..,..... ...,.,..( fl 60 Int ny coiitiKlwiiinsun privilege and K. It. dividends.,. " . ,?0 M For ma' eoininlsslons nn 41,RI0 original ooupons liiiidifl . 7(1 For repairs on ur bouse ., 1 Ass V, " "Jail.. ITS Jo Purchase and repair poor house. ifi 00 Matting lor eourl bouse 129 60 Fur 21 county warrants, Nrat, 479, 742, Mi),lWI,flli8,SSfl. 610, fol, W8, J7, 017, H27, mil, 7.1, 6c:(, 7.;, V,v, 7i4 H02. 74 74S, 7HI, aso, face valuao' ' " whloh Is U46 80 i,S24 tit Stove fur cum l house ...,.. A Id liecrtril book f) tJraeey A lire. Ibr Ortal 7 M farter A Cash for coal 17 75 Two copies of Code .1 HI CO Cheek book.......... r farter A Cash for cnul . 7 W Poor housooomnilwilons I50 M Finr poplesBhaukluud'aHtatatm Pa f On lirldaes , 67S m Carter Cash for Cr.nf (nv tlncnP. 12 t" Twoeopii'Ji.iKrnklaiid'sVHatuIrs 10 id Pnuper ciilllns (by Oucal) s, .14(10 School warrant 171 86 41 school warr'ls paid out of sink-, , lug fund now 011 depoKlt us cul Intend for money burrow cd by Jii'lxe King 011 salao' up to Aug, lS72warmnt for said saluiy Iw ing translerred tnsluklng rmid.,.... 1 go2 61 Cash lost on purcbaHS and rusale of TennoHKoe bonds..,,,.... jso ja Cash lu bunk ....,.-. 84 61 I1.10,U17 81 BEPOIIT OF ATTORNEYS AS TO 8AI.M OF COUNTY BTOCU IN M. C. 4k Ij. H. K. The undersigned, XVm. A.Quiirles, J. K. Bailey and Jno. F. House, at torneys for the County of Montgom ery and City of Clarhsvllle, beg leave to report to the County Court of Montgomery i That they hate here tofore reported to the court in nasal nH tho history of the litigation in the cause of the Mate of Tennessee against the M., C. Jb L. 11. It. Co., the county of Montgomery and otliers 1 the steps taken by them in the de fense or said suit, and the efforts mado to sell the interest of the county of Montgomery and city of Clarhsvllle in the stock of said railroad company, and they reported to said court that they hud sold the $250,000 of the stock of the county of Montgomery and $100,000 of stock of the city to the Louisville & Nashville railroad company for the sum of 5300,000 pay able in bonds of the State of Tennes see, bearing coupons from Jan., 1872, and In ooupons of Htateof Tennessee bonds, hut the said Louisville t Nash ville, railroad company to have tho eloctlon to pay $100,000 of its own stock, to be valued at the sum of U3,800. They further rcjwt that the Li. & IN. It. Jt. Company hud elected to pny $100,000 of lu own stock, being one thousand shares, which loft$180.140 to be paid In bond aud coupons of bonds of the State of Tennessee. The L. A N. K. R. company deliv ered to us said bonds and coupons to the amount of $180,140, and delivered to us certificates for seven hundred shares of stock in its road, retaining -certificates for three hundred shared ol stock to meet any liability of said company in the suit of Hyatt vs. the said company, the city of Clurksvillc, county of Montgomery aud others, or which thecourt was advised. The bonds, coupons and certificates of stock in our possession were depos ited in the Northern Hank of Ten nessee, and wore divided betwepn the couuty and city after retaining our fee of five per cent., charged for ser vices to the city and county, as will appear from the annexed statement, which we havo kept on deposit lu said bank with the (Kinds. , The certificates of stock have been delivered to Hon. T. XV. King, Judge of the county court, to enable him in sell the stock as per order of the coun ty court. The bonds and coupons have been, and are now, on deposit In the North ern Dank to the cfvdit of Montgom ery couuty. STATKMXKT. , Wehavn thlsdoy ailJusU'd the matter nf thoHlaleofToniiuMHi.il bonds rvoeived by u front the Louisville A Naslivlllnrrdlroud couip .ny for Moiitinnrry couuty aud city of Clurksvillc aa follow I We received from the 1., A J, n. n, Co, 1 10 bond tth 4 puatduc e'p'noavll..12t).4 10 " 8 ' M " " u W'.IW 6 " ' 6 " " " " .. 6,7fl 11 ooupons ' 3:4 Aggregate...,'....... IS0,H0 Wo diilucted for our fees 11 bond with coupons for Jan., 72, culling i cuupou Iroiu ouch..... ..... 16,001 , Remainder .... 171.140 The city Is untitled to 2-7 of til la....f 1,S1W 10 To pay this we have net apurt lo me cuy V ooous Wlln il coupon each Mil.000 Coupon K.K70 1 oona wim I rnupnn i.o.bj 1 bond without coujsm 1,000 48,1110 00 leaving city Indebted toeoUhly 18 20 There Is M ISO In money, nit of which goe (o the county In inumiml of alaive and In compensate for loss eonsiMtient non the oounly getting a Inig pniKrllon ofcuu. lions lliut boar bo Interest. There n tell In llioi'iiilutv Hie remainder of (171, lto, virl 'I22,2III, wlileh consists of the lollow lug I lotoondawiin 4 o poo . 220.127.116.11 i ,iij .V.A 210 J package 7 coupon 1'JO 1V1 l,:o oov 1123,210 m A 40 Alio In money i, to Wo give all tho money to the county. We have dullvcrcd lothoclty rcrllffcafe for two hundred aliilrD nf slock In the I.. A Ni It. H Co., anil luave oiideHall fur tlio countv ccrtincatea for five hunilrid lis res of stock. The 1..AN. it. It. t o. rntaltiixt uertlflcate for Ihriat huudrcd share nf lis Mock lo niiHillliovlalm by allacbuliilil of tapt, llyall. BlgllCO. , J. I-. li.Ut.EY, l Jno. F. llorsi:, VAtt'yg. XV. A. CJuAltbl.rl, J January 31, I87ti l.lalillltle of Montgomery toiihiy on sc. count or llaiiroaii III vi-unieol, up 10 ana Including January 1, 1873 1 fMI original honds......lrr.0O0 M '.'a running noua. im SI orUiualuiiupoDs...... 11.100 00 122 luuuing ooupons.,.,,. eu tjne,sis m ASSfeT! in? Htalo lwindi 1107 .om) on . m '11 mm la. 0?y shares Li N7rt.''h!!! C7',KHI no t ash DO Cudullvcted Hi Ii. lux 60,Vii 00 tiriff 60 Tialauce ... I 41.200 80 Wehavo now prcfrnlmlstalcmt'iifs showing receipts and disbursement nf ent'll County Juilgu froio l' to June 30, 1872, of all matters pertain ing lo railroad affairs: also a consol idated statement of Kinking t'lind, and a separate statement of Hlukliig Fund during Judge Kiuit's rvlinluls trsllon. all of which we havo care fully collected and arranged as Ut-t wc could, under appnmrlstv heads. 1 1 would he ImpsMsitiio for the (viiumit tee toenunier itetlieiiiany diftlcultiea and great lulmr that husdwol ved up on Inem in collecting the neeessary data for thlKrcKr',not from asystfm- istio and well rcgulitiMi set of IkhiK aud accounts, but In mo t cuse iron vouchers) anil cgaminatloii of tank accounts, county coiiii minutes an I f'jiii'ii'p. l on l'vurili I's-c.