Letter from Wilson Wood to Mississippi Governor Adelbert Ames; December 19, 1874

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Letter from Wilson Wood to Mississippi Governor Adelbert Ames; December 19, 1874

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People

Ames, Adelbert, 1835-1933 Foster, A. H.Wood, Wilson

Events

Finances Finances--Debt Legislation Legislation. Mississippi Taxation Taxation--Mississippi

Organizations

Boards of Relief Courts and Judicial Systems Courts and Judicial Systems--Chancery Courts

Businesses

Railroads and Railroad Companies Railroads and Railroad Companies--Natchez, Jackson, & Columbus Railroad Company (1872-1890)

Occupations

City Council Members Clerks Tax Collectors Treasurers

Places

Mississippi--Adams County. Natchez Mississippi--Hinds County. Jackson Mississippi--Lowndes County. Columbus

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[note] 12/19/74 [/note]

Statement of the liabilities of the —County of Adams——in the—State of Mississippi, to December 19^th_" 1874

Amount of floating debt in Gen County, Bridge & Poor House warrants	$37,500 00
Am't interest bearing bridge warrants due January 1^st A D 1875.	2,445 00
Amount of Funded debt due Jan'y 1^st 1875	10,000.00
Amount of funded debt due Jan'y 1^st 1876.	10,000 00
Amount of Rail Road bonds issued by Adams County, to the N. J. and C. R. R. Co: $600,000⁰⁰ less $300,000⁰⁰ set aside for cancellation, leaving a balance on hand for which the County of Adams is liable	$300,000 00
Total	$359,945.00

A correct statement

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To His Excellency
Adelbert Ames Governor of Mississippi
Jackson, Miss.

Dear Sir: In answer to your request for a report of the Indebtedness of Adams County. I beg Respectfully to report: That by reference to above tabular statement, kindly furnished by A. H. Foster, Clerk of the Board of Supervisors, to one at my request, your Excellency will see, that there is due by this County the sum of $359.945.00—of which there is $300.000⁰⁰ Rail Road Bonds of Natchez, Jackson & Columbus Rail Road—all of which, or the greater part of same—say $150.000.⁰⁰ will be refused payment by Bill of Injunction in Chancery Court upon the ground of their being ille=gally issued by a former Board of Supervisors—Of the Funded Debt due Jan'y 1" 1875. at least 50 per cent of balance of $6000.⁰⁰—if not all of it; will be paid in for taxes by the 1" January next In regard to this Funded Debt, I would state, that the Board of Supervisors have ordered the Tax Collector and myself not to receive these Bonds, or Coupons, now due in the payment or settlement of taxes due uponthat specific fund, and to receive nothing but currency—I understand, that the Tax Col=lector, under Section 1692 Revised Code, will

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disregard said order, and receive these Bonds in pay=ment of taxes—in which case nearly all of the series due in 1875 will be taken up

All of which is Respectfully submitted Natchez December 19" 1874

Wilson Wood County Treas