STATEMENT.
Showing the Funded Debt of the State, as of the 10th day of September, 1901.
|
CHARACTER OF LOANS. |
Amount
of Loans. |
Maturity
of Loans. |
For What Account. |
|
3 per cent. Exchange Loan of 1889, per Chap. 201 of 1888...... |
$ 7,400 oo |
1903 Redemption and Exchange of
Sterling Debt. |
|
3.50 per cent. Penitentiary Loan, per Chapter 166 of 1896...... |
500,000 oo |
1911 Extension of the Md. Penitentiary. |
|
3.50 " Insane Asylum Loan, " 164 of 1896...... |
100,000 00 |
1911 Second Hospital for the Insane. |
|
3 " Consolidated Loan of 1899, per Ch. 219 011898,, |
5,401,926.13 |
1914 Exchange of State Debt and for |
|
3 " State Building and Improvement Loan, per |
|
New Public Buildings. |
|
Chapter 607 of 1900......................... ...... |
500,000 00 |
1915 Public Buildings. |
|
Making an aggregate of....................................................... |
$6,509,326.13 |
|
As an offset to this debt, the State holds the following Bonds
and stocks on which interest or dividends have been
promptly paid, to wit:
Stock of the Annapolis Water Company..........$ 30,000 oo
" Farmers' National Bank of Annapolis..... 46,470oo
" in Balto. & Fredericktown Turnpike Co. 550,00 oo
* " of the Washington Branch of the Balti-
more & Ohio Railroad Company....... 550,000 oo
Bonds of the Northern Central Railway-
Mortgage.................. ..................... 1,500,000 oo
Stocks, Bonds and Cash to credit of the Sink-
ing Funds..................................... 1,709,511 84 |
|
|
Net Debts after productive stocks held by
the State and the Sinking Funds are de-
ducted ........... ............ ... ...... ......................................... |
$3,846,981.84 |
|
|
$2,662,344 29 |
|
|
 |
