FUNDED DEBT OF THE STATE. 225
STATEMENT SHOWING THE FUNDED DEBT OF THE STATE AS OF
THE 30TH DAY OF SEPTEMBER, 1912.
|
Character of Loans. |
Amount of
Loans. |
Maturity. |
For What
Account. |
|
3 per cent. Consolidated Loan of 1899, |
|
|
|
per Chapter 219 of 1898...........
3 per cent. State Building and Improve- |
$ 3,191,095.63 |
1914 |
Exchange of
State debt and
tor new public
buildings. |
ment Loan, per Chapter 607 of 1900
3 per cent. State loan of 1902, per Chap- |
500,000.00 |
1915 |
Public buildings. |
ter 200 of 1902...................
3.60 per cent. Public Buildings loan, per |
600,000.00 |
1917 |
Public buildings. |
Chapter 228 of 1904. ..............
3.50 per cent. State roads loan, per
Chapter 141 of 1908: |
1,618,000.00 |
1919 |
Public buildings. |
Series "A" ......,,.....,.,...
Series "B" ....
Series "D"
Series "E" ...................
4 per cent. public highways loan of
1910, per Chapter 116 of 1910: |
500,000.00
1,000,000.00
1,000,000.00
1,000,000.00
990,000.00 |
1923
1924
1925
1926
1927 |
State roads.
State roads.
State roads.
State roads.
State roads, |
Series "A" ...................
Series "B" ....,.,,,..........
4 per cent. State Insane Hospital loan, |
250,000.00
250,000.00 |
1926
1927 |
Public highways.
Public highways. |
per Chapter 250 of 1910. ..........
3,50 per cent. Sanatorium loan, per |
600,000.00 |
1926 |
State hospitals. |
Chapter 411 of 1910,,.. , - ......
4 per cent. State loan of 1912, per
Chapter 370 of 1912, Series "A" and |
40,000.00 |
1926 |
Tuberculosis
sanatorium. |
"B" ..............................
4 per cent. Technical School loan of |
1,000,000.00 |
1927 |
State roads, |
|
1912, per Chapter 90 of 1912...... |
489,000.00 |
1927 |
Technical schools. |
Making an aggregate of..........
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:—
Mortgage of Northern Cen-
tral Railway ..........$1,500,000.00
Stocks and bonds to the |
$13,028,095.63 |
|
|
|
credit of Sinking Funds. . 5,647,128.82 |
7,147,128.82 |
|
|
Net debt after productive stocks held
by State and the Sinking Funds are de-
ducted, |
$ 5,880,966.81 |
|
|
|
 |
