Author: Edgar Jefferson LeveyPublisher: Forgotten Books
ISBN: 9780666632395
Category : Reference
Languages : en
Pages : 40
Book Description
Excerpt from The Sinking Funds of New York City In 1862, Comptroller Robert T. Haws in a communication to the common council 2 recommended that legislation should be secured which would permit the surplus revenues of the interest fund to be applied to the reduction of taxation. After calling attention to the fact that the interest fund was charged with the payment of interest only upon the Water Stock, the Fire Indemnity Stock and the Building Loans N os. 3 and 4, and that the interest on the greater portion of the then existing debt was by law payable from taxation, he stated: Instead of applying such surplus to the unnecessary augmentation of the Sinking nine, they amounted to the aggregate sum of two millions five hundred and seventy-nine thousand five hundred and thirty-four dollars and twelve cents. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
