FOURTEENTH ANNUAL REPORT OF THE BOARD OF TRUSTEES OF THE ILLINOIS AND MICHIGAN CANAL, BEING FOR THE YEAR ENDING NOVEMBER 30, 1858. OFFICE OF THE BOARD OF TRUSTEES ILLINOIS AND MICHIGAN CANAL, His Excellency W. H. BISSELL, Governor of Illinois: SIR-The board of trustees of the Illinois and Michigan Canal have the honor to submit the following report of their proceedings, and their receipts and expenditures, for the financial year ending November 30th, 1858, as required by the act of February 21st, 1843: RECEIPTS AND EXPENDITURES. Receipts for 1858. 1. Cash received for sales of lands and lots, made in May, 1858..... Cash received for previous sales, made in years 1855, 1856 and 1857.... $3,145 84 177,877 99 3. Canal tolls from Dec. 1, 1857, to Nov. 30, 1858, in clusive..... 197,171 14 4. Sale of old materials. 174 86 5. Sales of stone, timber, rents, &c.. 6. Rents of water power at Lockport, Joliet andOttawa. Total receipts to November 30, 1858.... Total to be accounted for 1858.. 2,221 28 1,952 20 $382,543 31 109,935 26 $492,478 57 Expenditures, 1858. 1. Payment of arrears of interest on registered canal bonds and indebtedness.... $6,164 64 2. Payments on account of principal of registered canal bonds and indebtedness 29,407 11 3. Maintenance and repairs of canal, feeders, pumping engines, etc.... 58,088 61 4. Contingent and general expenses.. 13,910 01 7,362 33. 3,367 39 5. Tolls, expenses of collection, salaries.. 6. Canal property, sales land, etc., etc.. 7. Exchange on funds remitted to New York.. 8. Canal damages, Ottawa sewer, etc.... Total expenditures, 1858.... Balance in hands of treasurer, Nov. 30, 1858.. Total accounted for 1858...... Treasurer's balance thus disposed of, viz: Deposited in American Exchange bank, and subject to draft and dividend... Deposited in Illinois subject to draft and dividend Amount applicable to payment of unclaimed dividends, and on deposit in American Exchange bank, N. Y............ 1,986 55 1,500 00 $121,786 64 370,691 93 $492,478 57 $325,208 35 33,274 40 12,209 18 $370,691 93 A classified schedule of the entire amount received and expended by the board of trustees, from the organization of the trust, in June, 1845, to 30th November, 1858: |