246 MARYLAND MANUAL
STATEMENT "J"—(CONTINUED)
|
Character of Loans |
Amount of Loans |
Maturity |
For What Account |
Treasury Relief Loan of 1916, 4 per cent, per Chapter 142 of 1916,
($2,000,000.00): |
|
|
|
Series "A" ..............................
Series "B" ..............................
Series "C" ..............................
Series "D" ..............................
Series "E" ..............................
Series "F" ..............................
|
120,000.00
125,000.00
130,000.00
135,000.00
141,000.00
147,000.00 |
Aug. 1,1919
Aug, 1,1920
Aug. 1,1921
Aug. 1,1922
Aug. 1,1923
Aug. 1,1924 |
|
Series "G" ..............................
Series "H" ..............................
Series "I" ..............................
Series "J" ..............................
Series "K" ..............................
Series "L" ..............................
Series "M" .............................. |
152,000.00
158,000.00
165,000.00
171,000.00
178,000.00
185,000.00
193,000.00 |
Aug. 1,1925
Aug. 1,1926
Aug. 1,1927
Aug. 1,1928
Aug. 1,1929
Aug. 1,1930
Aug. 1,1931 |
State Deficit.
. |
War Loan of 1917, 4 per cent, per Chapter 3 of 1917. ..............
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 the Northern Central Railway Company...........$1,500,000.00 |
500,000.00
$27,448,880.55 |
Aug. 15,1918 |
Defense of State. |
Stocks, Bonds and Cash to credit of the Sinking Funds...... 7,292,897.67
Net Debt after Productive Stocks held by State and the |
8,792,897.67 |
|
|
|
Sinking Funds are deducted................... |
$18,655,982.88 |
|
|
At the close of the Fiscal Year there was still outstanding L1,500 of the Sterling Loan, issued per Chapters 386 and 396 of 1838. In-
terest 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 822 of 1839.
At the close of the Fiscal Year there was still outstanding $300.00 of the 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 $18,655,982.88 the State has as an offset her Unproductive Stocks amounting to $1,872,026.99, and $1,998,516.82
due from accounting officers and Incorporated Institutions.
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