Research

Scope and Content Note

Annual accounts (always dated October 3) of total amount of interest due and paid to the Comptroller from principal held by County Commissioners of the U.S. Deposit Fund.

Each account includes the names of the commissioners, date of balance, amounts of debits and credits, and any balance due (usually because of delinquent mortgagors). A law of 1837 required that the Commissioners pay the Comptroller 7 per cent annual interest on the principal of the U.S. Deposit Fund monies in their hands after their fees had been deducted.