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Annual Report of the Comptroller, 1870
Volume 234, Page 37   View pdf image (33K)
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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......................................

1,764,450 03

 
   

$7,317,420 03

Balance, after the Stocks held by the State and the Sinking

   

Fund are deducted,.......................................

 

$6,000,055 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 $6,000,055.74, the State has no off-set, except her unproductive Stocks, amounting to $20,115, 708.58, and $2,532,598.49, due by
Accounting Officers.

 

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Annual Report of the Comptroller, 1870
Volume 234, Page 37   View pdf image (33K)
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