STATEMENT—Showing the Funded Debt of State, as of the 30th Day of September, 1904.
|
CHARACTER OF LOANS. |
Amount of
Loans. |
Maturity of
Loans. |
For What Account. |
|
3.50 per cent. Penitentiary Loan, per Chapter 166 of 1896....... |
$ 500,000 00 |
1911 |
Extension of the Md. Peniten-
tiary. |
3.50 per cent. Insane Asylum Loan, Chapter 164 of 1896.. ........
3 per cent. Consolidated Loan of 1899, per Chapter 219 of 1898
3 per cent. State Building and Improvement Loan, per |
100,000 00
5,401,92613 |
1911
1914 |
Second Hospital for the Insane.
Exchange of State Debt and for
New Public Buildings. |
Chapter 607 of 1900............ ...... ..... ........................
3 per cent. State Loan of 1902, Chapter 200 of 1902..............
3.50 per cent. public Buildings Loan, Chapter 228 of 1904........ |
500,000 00
600,000 00
825,000 00 |
1915
1917
1919 |
Public Buildings.
Public Buildings.
Public Buildings. |
Making an aggregate of...,..,,, .............................. .................
As an offset to this debt, the State holds the follow-
ing Bonds and Stocks on which interest or divi-
dends have been promptly paid, to wit : |
$7,926,926 13 |
|
|
Stock of the Annapolis Water Company...............;$ 30,000 00
Stock Farmers' National Bank of Annapolis...... .. 46,470 00
Stock in Balto. & Fredericktown Turnpike Co..... 11,000 00
*Stock of the Washington Branch of the Baltimore
& Ohio Railroad Company............................... 550,000 00
Bonds of the Northern Central Railway— Mortgage 1,500,000 00
Stocks, Bonds and Cash to credit of the Sinking |
|
|
|
|
Funds............ ................................................ 2,646,587 00 |
|
|
|
|
Net Debt after productive stocks held by State |
4,784,057 00 |
|
|
|
and the Sinking Funds are deducted................................... |
$3,142,869 13 |
|
|
|
*No dividend since 1896. |
|
|
|
|
 |
