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Excess of receipts in 1846, for the months abovementioned, $90,213 77.

STATE LAND OFFICE, located at Marshall, organized in 1843.

The sales of internal improvement, school, University, and State building lands, and receipts on account of principal and interest, in 1843, amounted to

In 1844,
In 1845,

Total receipts,

$105,866 19

173,606 92

184,802 07

$464,275 18

Of the half million acres of land granted by Congress to the State for internal improvement purposes, 492,504 acres have been selected, of which there have been sold, to the close of the last fiscal year, Nov. 30, 1845, 206,832 The balance of the grant has been since selected in the mineral region of Lake Superior.

acres.

STATE PRISON, located at Jackson.

The number of prisoners remaining in prison, Oct. 31, 1845, was 119. Admitted during the year ending as above, 37. Discharged during the same period, 40. Whole number of commitments from March, 1839, to Oct. 31, 1845, 327, as follows:

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Number discharged, died, &c., during same time, as follows:

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PUBLIC INSTRUCTION.

University Located at Ann Arbor.

University Endowment and Revenue. The principal of the University fund consists of the proceeds of the 72 sections, or 46,000 acres, of land granted by Congress for the support of this institution. These lands have been selected from the most valuable of the State; the minimum price of which was originally $20 per acre, now $12 per acre. Of these lands there were sold to Nov. 30, 1845, 17,142 acres, for $201,688. The revenue of the University for the year ending Nov. 30, 1845, was $9,724 74, of which, after paying interest on their loan from the State, there was left available for the support of the institution the sum of $6,138 39, which is an excess over the previous year of upwards of $2,000.

Board of Regents. - Rev. C. C. Taylor, Rev. Elijah Pilcher, Hon. Elon Farnsworth, Hon. A. H. Redfield, Maj. Jena. Kearsley, Rev. Marvin Allen, Hon. Edward Mundy, John Owen Esq., Rev. George Duffield D. D., Dr. Zina Pitcher, Hon. Austin E. Wing, Minot T. Lane, Esq. The Governor is ex officio President of the Board; and the Lt. Governor, Chancellor, and Justices of the Supreme Court are ex officio members. Eben. N. Willcox, Acting Secretary; Prof. George P. Williams, Librarian; Digby V. Bell, Treasurer.

Faculty. - George P. Williams, A. M. Professor of Natural Philosophy and Mathematics; Abram Sager, M. D. Professor of Zoology and Botany; Rev. Andrew Tenbrook, A. M. Professor of Moral and Intellectual Philosophy and President of the Faculty; Rev. Daniel D. Whedon, A. M., Professor of Logic, Rhetoric, and the Philosophy of History; Rev. John H. Agnew, A. M., Professor of the Greek and Latin languages. Burritt A. Smith, A. B., Tutor in Latin and Greek. Silas H. Douglass, M. D., Lecturer in Chem. and Geol. Branches. At Kalamazoo, Rev. J. A. B. Stone, A. M.,

In University, 70 Students.
Preparatory school, 12
Principal,

do.

103

do.

At White Pigeon, Rev. J. Chaplin, A. M.,

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Total in University and Branches,

Library, &c. The library was purchased in Europe, and consists of between 4,000 and 5,000 volumes of well-selected standard works in the various departments of literature and science.

The collections in the department of Natural History embrace a valuable cabinet of Minerals, consisting of between four and five thousand specimens; and suits of specimens illustrative of the Geology, Zoology, and Botany of Michigan.

Expenses. -The only charges of the Institution are an admission fee of $10, and a charge ranging from $5 to $7.50 a year, for room rent and the services of the Janitor. No charge is made for tuition. Including board, washing, and books, the necessary expenses of a student for a year will range from $70 to $100.

Common Schools. The fund for the support of common schools arises from the sales of section 16, or its equivalent, in each surveyed town of 36 sections, set apart by Congress for this purpose.

The whole number of acres of School lands in the State is 1,140,000, of which 759,518 acres lie in the lower peninsula, and 380,482 acres in the upper peninsula. The minimum price of these lands is $5 per acre; but a large quantity has already been sold at a much higher price. Of these lands there were sold, up to Nov. 30, 1845, 69,421 acres for $457,042. The proceeds of this fund are annually distributed among the several school

districts. The amount thus distributed in May 1845, was $22,113, and in May 1846, $27,925; which last sum being divided among 90,008 scholars, the number reported for the year 1845, gives 31 cents for each scholar. In addition to this there is raised on the several townships, for the support of schools, a half mill tax, yielding about $14,000 more.

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*Including four towns set off from Lapeer county since 1840.

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The number of Senators is 50, and of Representatives, 100.

500

JUDICIARY.

The Judges are appointed by the Governor and Senate for 7 years, and the senior in commission is the Chief Judge.

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This Court holds its sessions at Indianapolis, in May and November. It has appellate jurisdiction only, except in cases in chancery in which the President of the Circuit Court may be interested.

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The President Judges are elected by the legislature, for 7 years; the attorneys are chosen by the people for 2 years; and the Associate Judges and Clerks of the Courts are elected by the people for 7 years. The President Judges receive each a salary of $800, and the Judge of the 5th Circuit is allowed $300 in addition, optional with the County Commissioners of his Circuit: the Attorneys have each a salary of $150 and perquisites. The Judges hold two terms in each county annually. There are two Associate Judges in each county, who receive $2 a day during the session.

FINANCES.

Public Debt. Bonds on which the State pays interest,

$11,090,000

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The annual interest on the State Bonds is $556,220. There are also outstanding treasury notes, which, with the interest due on them, amount to $1,204,760; the annual interest on these notes is $51,552. Adding these sums, the grand total of the State debt is $16,462,080; and the annual interest payable by it is $607,772.

The legislature in 1846 passed an act to provide by taxation for the payment of 23 per cent. of the interest on the public debt, relying, for the payment of the remainder of the interest, on the tolls, water rents, and lands of the Wabash and Erie Canal. The old State bonds are to be surrendered, and new certificates issued, redeemable at pleasure after 20 years. Such new certificates specify the amount due as principal on the surrendered bonds, and also the amount due as interest to 1st of January, 1847, computing such interest at the rate of two and a half per cent. per annum. On the principal specified in such new certificates the State will pay two per cent. per annum, from 1st January, 1847, to 1st January, 1853; at which latter period the amount of interest specified as having been due on 1st January, 1847, together with one-half of one per cent. on the specified principal, from 1st Jannary, 1847, to 1st January, 1853, shall be added to the principal; and the State will pay interest at the rate of two and a half per cent. per annum, upon the amount of principal and interest so added, until the same shall be finally redeemed.

For the purpose of providing for the remaining two and a half per cent. per annum, not payable from taxation, the holders of State bonds shall have the privilege of raising among themselves, by pro rata subscription on the amounts respectively held by each of them, before the 1st of January next, a sufficient sum (not less, however, than $2,250,000) to complete the Wabash and Erie canal to Evansville, within four years from the taking effect of this act. The canal lands and tolls and revenues of said canal are to be conveyed to trustees, to secure to said subscribers the reimbursement of said advances, and the payment of the remaining interest on the said bonds. This proposition has been accepted by the bondholders, and the State is freed from responsibility for the principal and interest of one half of this debt.

The expenses of the State Government for the year 1845, amounted only to $71,122, a reduction of $22,246 upon the preceeding year; and the estimates for 1846 reduced that item still more, leaving it at $67,000. The number of polls is 124,000, and the value of the taxable property $118,500,000, making an increase over the year 1844 of 6,000 polls and $2,300,000 in the value of taxable property. The State revenue paid in during the fiscal year ending the 31st Oct. 1845, amounts to $271,963. The domestic scrip has been nearly absorbed so far as the same is afloat, and a large amount of the income of the State is thus left to be applied to pay the interest on the State bonds.

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