Archives of Maryland, Volume 0124, Page 0232

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Maryland Manual, 1913-14

Volume 124, Page 232 View pdf image (33K)

232 MARYLAND MANUAL..

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 Company . . $1,500,000.00 Stocks, bonds and cash to credit of the Sinking
Funds ................ 6,794,152.67
	$ 8,294,152.67
Net debt after productive stocks held by State and the Sinking Funds are
deducted .........................	$ 8,390,942.96

At the close of the fiscal year there was still outstanding $1.00 of the
Maryland State Loan, issued per Chapter 366 of 1872. Interest on same has
ceased, and this amount will be paid when presented at the Treasury
Department. At the close of the fiscal year there was still outstanding Ł1,500 of the
Sterling Loan, Issued per Chapters 386 and 896 of 1838. Interest on the same
has ceased, and this amount will be paid when presented at the Treasury
Department. At the close of the fiscal year there was still outstanding $50.00 of the
State Currency Loan, Issued per Chapter 322 of 1839. At the close of the fiscal year there was still outstanding $303.99 of State
Currency Loan, Issued per Chapter 20 of 1839. Interest on same has ceased and these amounts will be paid when presented
at the Treasury Department. For this balance of $8,390,942.96 the State has as an offset her unpro-
ductive stocks, amounting to $1,099,626.99, and $1,131,222.50 due from
accounting officers and incorporated Institutions.

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Maryland Manual, 1913-14

Volume 124, Page 232 View pdf image (33K)

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