Virginia. Commissioners of the Sinking Fund.
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Virginia. Commissioners of the Sinking Fund.
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Virginia. Commissioners of the Sinking Fund.
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An act of the General Assembly, approved March 10, 1835, created a sinking fund for the redemption of the certificates of the debt of the commonwealth held by individuals or corporations. The governor, treasurer, auditor of public accounts, and second auditor constituted a corporate body as Commissioners of the Sinking Fund, authorized to preserve and secure the fund and, from time to time, to purchase certificates of debt or to invest the funds in public stocks. The second auditor was responsible for maintaining the fund.
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Debts, Public
Finance, Public
Sinking-fund
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Virginia
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