TAX LEVY FOR 1902. The following is the tax levy per $100 of valuation for the year 1902 for Territorial purposes: 1. Territorial general fund (par. 3831, R. S., 1901).. 2. Territorial insane asylum interest fund (par. 3615, R. S., 1901). 3. Territorial normal school fund (par. 3702, R. S., 1901). 4. Territorial school fund (par. 2246, R. S., 1901) 5. Territorial reform school fund (par. 3762, R. S., 1901) 6. University fund (par. 3652, R. S., 1901) 7. Northern Arizona normal school fund (par. 3718, R. S., 1901). 8. Prison fund (par. 3601, R. S., 1901). 9. Ranger fund (par. 3229, R. S., 1901) 10. Redemption fund (par. 3615, R. S., 1901) 11. Capitol building fund (act No. 35, Laws 1901). 12. Interest World's Fair bonds (act 103, Laws 1891).. 13. Territorial interest fund (R. S., 2047, and act of Congress 1890). 15. Normal school of Arizona dormitory fund (par. 3699, R. S., 1901) $0.35 .10 .05 .03 .05 .06 .025 .12 .05 .02 .035 14. Territorial prison improvement fund (act 14, Laws 1901).. .002 .14 17. Insane asylum improvement fund (act 62, Laws 1901).. 18. University interest fund (par. 3663, R. S., 1901) 16. Northern Arizona normal school fund (par. 3719, R. S., 1901) .035 .02 .01 19. Interest on St. Louis International Exposition bonds (act No. 86, sec. .03 .005 .005 1. 137 FINANCIAL CONDITION. The financial condition of the Territory is most flattering, evidence of this being obvious in the sale of the World's Fair bonds for the St. Louis Exposition at a premium of 7 per cent. This creditable showing is no doubt due to the prompt payment of interest on outstanding indebtedness of the Territory and retrenchment in the public service. The bonded and floating indebtedness of Arizona, June 30, 1902, as shown by the statement of the Territorial treasurer is as follows: Statement of the bonded and floating indebtedness of the Territory June 30, 1902. Cash in hands of treasurer available for the redemption of the above Territorial indebtedness Net indebtedness account of Territory..... 119, 839.02 1,095, 811. 45 30, 349.55 1,065, 461.90 Statement of balances in the various funds in the Territorial treasury on June 30, 1902. Statement of balances in the various funds in the Territorial treasury at close of business General fund.. August 7, 1902. $913.35 7, 481.86 1, 716. 35 4, 291. 05 1, 473.98 16, 512. 07 4,312.50 4, 205.49 4,359.69 968. 10 20,000.00 12, 688. 13 3, 521. 91 6, 352. 10 8, 517. 77 5.89 3,223. 94 239.08 4, 986. 20 5.57 5,300. 94 111, 075. 97 The Territorial funds have been deposited in several of the banks of Arizona for safe-keeping, a sufficient bond in the sum of $50,000 having been provided by each of the banks for the protection and security of the funds so deposited for safe-keeping. The distribution of the Territorial funds in the various banks is as follows: Deposited in Bank of Arizona, Prescott. Deposited in The Valley Bank, Phoenix. Deposited in Consolidated National Bank, Tucson Deposited in Guarantee Trust Company, New York, to pay past due cou- $25,000.00 27,906. 84 19, 746. 12 22,548. 02 15, 874.99 111, 075.97 TERRITORIAL AUDITOR. Statement of warrants drawn on the various funds from July 1, 1901, to July 1, 1902. Total amount drawn on the Territorial funds during the fiscal year ending June 30, 1902 174.35 1,755.00 2,445.08 3, 927.07 52,788.48 119, 701.67 30, 811.51 28,547.50 16,675. 32 29, 241.00 8, 527.04 20, 084. 51 4, 878.45 5,747.61 4,835. 42 15,375. 35 11,217.65 10, 112. 89 305, 755.92 Total.. $439,025.97 $33, 995. 44 262,086.74 $12, 500.00 5,000.00 622.50 $473, 794.33 $625.00 $20,000.00 25, 391.32 202, 175.60 2,500.00 50, 635.26 12, 100.00 5,452. 19 25,000.00 167, 316.09 1,250.00 375.00 2, 321.40 33,594.62 2,600.00 1, 720, 513. 14 221,017.24 221, 283. 75 1,633, 926. 60 10, 685. 00 146, 642.60 Condition of building and loan associations, June 30, 1902. Hon. E. W. Wells, attorney-general of Arizona, submits the following report: Having recently succeeded to the incumbency of the office of attorney-general, my report comprises the condition of the affairs of the office as disclosed by its records. The business in the office of attorney-general is fairly well closed up to date, the prior year's business having been disposed of, leaving but one case, viz, Louis Wolfley v. Nathan O. Murphy, G. W. Vickers, and Charles H. Ackers, comprising the loan commission of the Territory, and John A. Black. The case was commenced June 26, 1900, in the supreme court of the Territory, the petitioner applying for a writ of mandate on the loan commission to compel payment of an alleged balance due to the petitioner from the Territory, the case having been tried and submitted. The past history of the case has, no doubt, been fully set forth in the prior reports of this office. On the 14th instant a suit was commenced in the district court of Graham County, Ariz., wherein one William A. Gillespie is plaintiff and the Territory of Arizona and Graham County are defendants. The action is brought to quiet title in plaintiff to certain real estate sold for Territorial and county taxes assessed and levied in the county of Graham in the year 1899, the said property under delinquent-tax sale having been sold to the Territory and deed passed for the same. Process has been served upon the Territory, the interest of which will be cared for. |