|
As an off-set to this debt, the State holds the following Bonds
|
|
|
|
and Stocks, on which the interest and dividends are
|
|
|
|
promptly paid, to wit :
|
|
|
|
Bonds of the Baltimore and Ohio R. R. Co..........................
|
$1,894,000 00
|
|
|
Stock in Main Stem B. & O. R. R. Co............................
|
500,000:00
|
|
|
'' Washington Branch B. & O. R. R. Co..................
|
550,000 00
|
|
|
" Farmers' National Bank of Annapolis...................
|
46,470 00
|
|
|
" Chesapeake and Delaware Canal Co.....................
|
62,500 00
|
|
|
Bonds of Northern Central Railway — Mortgage..................
|
1,500,000 00
|
|
|
" Susquehanna & Tide Water Canal Co. — Mortgage...
|
1,000,000 00
|
|
|
Stocks held by the Sinking Fund......................................
|
1,675,443 22
|
|
|
|
|
$7,228,413 22
|
|
Balance, after the Stocks held by the State and the Sinking
|
|
|
|
Fund are deducted................................................
|
|
$5,464,525 74
|
* Of this sum, there is $6,052,888.88 Sterling Debt, on which the Interest has to be paid in London, in gold, or its equivalant
Note.—For this balance of $3,464,525.74, the State has no off-set, except her unproductive Stocks, amounting to $19,676,832.08, and $1,582,161 89, due by
Accounting Officers.
|
 |
