For about $152,000, the road it is believed, by the first of February next, will be completed 28 miles from Griffith's, and 56 from Madison. The Company took possession of the road on the 20th February, 1843, from which until the 3d February, 1844, the receipts from tolls were $22,110 33, of which $5,918 92 were paid for expenses of transportation, $3,342 28 for repairs of road, $2,641 44 for repairs of machinery, $119 88 for contingencies, and the balance, $8,638 70 was profits applied to the construction of the road, and added to the capital stock. The receipts in 1843-44 have been as follows: The ordinary expenses of the road, for each working day, have been for sometime about $36 00; and when two engines are run, $10 more. For the success which has heretofore attended the association, much credit is due to N. B. Palmer, Esq., late President and Superintendent, who voluntarily retired from those stations on the first of July last. WHITE WATER VALLEY CANAL. M. HELM, President; L. B. Tupper, Secretary; H. Goodlander, Treasurer; H. C. Moore, Chief Engineer, Connersville. DIRECTORS.-John Crum, Cambridge City, Wayne county; Caleb B. Jacksen, near Centreville, Daniel Sinks, Milton, do do Miles Murphy, New Castle, Henry county. Miner Meeker, do Benjamin F. Reeve, Rush county. David Mount, Franklin county. Length of Canal from Lawrenceburgh to Cambridge City, 69 40-100 miles. Locks, 52 lift, and 3 guard-total, 55. Water powers, 224-each sufficient to run a pair of 44 feet burrs. The whole line is now under contract, and is expected to be finished in May next. INT. IMPROVEMENT-STATE PRISON-HISTORICAL SOCIETY, ETC. 201 Internal Improvement. Michael G. Bright, of Madison, Agent of State, from December 6, 1843. Ebenezer F. Lucas, of Warren county, General Superintendent of the Wabash and Erie Canal, from January 16, 1844. John Frazer, of Orange county, Superintendent of the New Albany and Vincennes Turnpike Road, from Feb. 27, 1844. State Prison. In Jeffersonville, Clark County. Joseph R. Pratt, Superintendent, from June 14, 1841, to June Indiana Historical Society. OFFICERS. Samuel Merrill, of Indianapolis, President; Jeremiah Sullivan, of Madison, Charles Dewey, of Charlestown, Isaac Blackford, of Indianapolis, Vice Presidents; John Law, of Vincennes, Corresponding Secretary; William Sheets, of Indianapolis, Recording Secretary; Charles W. Cady, of Indianapolis, Treasurer; Henry P. Coburn, James M. Ray, Henry W. Beecher, Douglass Maguire, of Indianapolis, and George H. Dunn, of Lawrenceburgh, Executive Committee. Communications and donations illustrating the objects of the Society, and fees for membership, may be sent to either of the officers. Fee for admission, 50 cents. The limits of this work do not admit a more extended notice of this Institution, which should receive the encouragement of every intelligent citizen in the State. Indiana Mutual Fire Insurance Company. Incorporated, January 30, 1837. Central office in Indianapolis-agencies in all the principal towns in the State. DIRECTORS. James Blake, James P. Drake, Samuel Merrill, Alfred Harririson, James M. Ray, Nathan B. Palmer, John L. Mothershead, George Espy, Charles W. Cady, Indianapolis; Samuel Hanna, Fort Wayne; Isaac C. Elston, Crawfordsville; John Mitchell, Evansville; James Collins, Jr., New Albany; George H. Dunn, Lawrenceburgh; Samuel Wilson, Madison. James Blake, President; Charles W. Cady, Secretary. Mutual Life Insurance Company of New York. Office in New York City: Agency in Indianapolis. Organized February 1, 1843. M. Robinson, President; Samuel Hannay, Secretary; Minturn Post, M. D., Physician to the Company. Persons in Indiana desiring to effect insurance on their own lives, for the special benefit of their wives and children, or on the lives of others, or for any information in regard to this Company, may address communications, post paid, or free, to C. W. Cady, Agent at Indianapolis, Joseph M. Moore, Agent at Madison. This is one of the very best Institutions in the United States, and its advantages to persons having limited or small incomes, are well worthy their consideration." This Institution issued during the month of November, sixty policies, viz: To merchants, 27; brokers, 1; clerks, 1; booksellers, 4; printers, 1; students, 1; auctioneers, 1; ladies, 4; agents, 1; editors, 1; clergymen, 2; lawyers, 6; millers, 1; grocers, 1; shipmasters, 1; physicians, 1; mechanics, 3; army and navy officers, 2; gentlemen, 1. Total, 60. Public and Domestic Debt. BONDS.--Issued from August, 1832, until January 27, 1842, when their further sale was forbidden, $15,111,000 Redeemed, 2,599,000 Outstanding Nov. 1, 1844, 12,512,000 The State Bank pays interest on 1,390,000 Outstanding Nov. 1, 1844, for the payment of the interest on which no provision is made, 11,122,000 The interest which will be due on outstanding bonds, January 1, 1845, is 2,227,500 The annual interest on outstanding bonds is 557,820 TREASURY NOTES.-Under the law of 1840, treasury notes, bearing six per cent. interest, were issued for Cancelled, and ready to be cancelled, $1,500,000 866,245 Outstanding Oct. 31, 1844, 633,755 TREASURY NOTES ISSUED TO THE BANK.-Issued under the act of January 31, 1842, $722,640 Cancelled and ready to be cancelled, 210,730 Outstanding Oct. 31, 1844, 511,910 To meet this large annual indebtedness, and preserve the plighted faith of the State, no means can be obtained, except what may arise from a resort to direct taxation. State Library. The` Library contains about two thousand volumes, consisting of Laws and Journals of the State and of Congress, Laws of the several States; and a very handsome selection in the departments of Biography, History, Travels, Science, Philosophy, Politics, Political Economy, Theology, Church History, Miscellany, and General Literature. An annual appropriation of four hundred dollars is made for the Library. Librarian-Samuel P. Daniels, Indianapolis, until the termination of the session of the General Assembly for 1844-45. r St. Gabriel College. Vincennes, Knox County. [ Received too late for insertion in its appropriate place. ] BOARD OF TRUSTEES.-Rev. J. P. Bellier, President; Rev. J. B. Chasse, Vice President; Rev. J. A. Vabret; Rev. S. Buteux, Treasurer; Mr. J. Moore; Mr. B. M. Thomas, Secretary. FACULTY.-Rev. J. P. Bellier, President; Rev. J. B. Chasse, Vice President; Rev. J. A. Vabret; Rev. S. Buteux; Mr. J. O'Reily; Mr. William Smith; Mr. William Masterson; Mr. X. Leray. This Literary Institution has received from the Legislature of Indiana the sanction of a Charter conferring upon it full Collegiate powers. The course of instruction is designed to be as extensive as that of any College in the United States. The Institution is provided with a splendid Philosophical Apparatus, and a Library of 5,000 volumes. The Collegiate year commences on the first Monday of October, and ends on the 10th day of August. It is divided into two sessions of twenty-two weeks each, and each session into two quarters of eleven weeks. No student is admitted for less than a year, and the fee is considered due at the commencement thereof; from this rule there is no deviation. TERMS. Board and Tuition in all the branches taught, per an $120 00 12 00 5.00 5 00 8.00 $150 00 15.00 For such as spend their vacation at the College, an additional charge is made of Extra charges are made for the study of branches left at the option of parents. THE STATE BANK OF INDIANA. Chartered January 28, 1834, for 29 years. Organized February 13, 1834, with SAMUEL MERRILL, of Indianapolis, President; JAMES M. RAY, of Indianapolis, Cashier; LUCIUS H SCOTT, of Terre Haute, ROBERT MORRISON, of Richmond, CALVIN FLETCHER, and SETON W. NORRIS, of Indianapolis, Directors on the part of the State. Commenced banking operations November 19, 1834, with ten Branches, viz: at Indianapolis, Lawrenceburgh, Richmond, Madison, New Albany, Evansville, Vincennes, Bedford, Terre Haute, and Lafayette. Branches since organized-at Fort Wayne, in 1835-at South Bend, in 1838-and at Michigan City, in 1839-making the total number thirteen. Capital Stock under the Charter, $1,760,000-the State and Individuals each owning $880,000. In 1844, the State owns $880,000, beside $5,716,27 for school purposes; and Individuals $1,219,212. The Office of the State Bank is kept at Indianapolis, from which all the notes of the Bank are delivered to the Branches for issuing, signed by the President of the State Bank, and to be signed by the Cashier of the Branch issuing. This Bank has ever maintained a firm and deserved credit, and is justly deemed one of the best established banking institutions in the Union. The controling government, with power of limiting and suspending Branches, is committed to the Directors of the State Bank, consisting of the President and four Directors appointed by the State, and thirteen Directors on the part of the Branches, being one for each Branch. This Board meets quarterly at Indianapolis on the second Mondays of February, May, August, and November. Semi-annual examinations of each Branch are made personally by the President or Directors of the State Bank; and dividends of the profits at the Branches are declared by the Directors of the State Bank. All the discounting, the issues, and redemption of circulation, and the financial business of the Institution, are done only at the Branches. In each Board of Branch Directors, three are appointed by the President and Directors of the State in the State Bank, and seven by individual stockholders, which latter number may be increased by the Directors of the State Bank. In case of insolvency of any Branch, the State Stock is first to be returned in full before any other Stockholder can receive any payment on his Stock. The average profits of the Branches on the Stock for 1844 was 6 8-10 per centum. Specie, $1,120,013,19. Circulation, $2,979,212. Officers and Compensation. STATE BANK. JAMES MORRISON, President, JAMES M. RAY, Cashier, $1,300 1,100 |