STATEMENT J
Showing the Funded Debt of the State, as of 30th of September, 1897.
CHARACTER OF LOANS.
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Amount of
Loans.
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Maturity
of Loans.
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For What Account.
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3 per cent. Exchange Loan of 1886, per Chapter 44.9 of 1886. .
|
$628,355 00
|
1900
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Chesapeake & Ohio Canal Co.
Deaf and Dumb Asylum.
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3 65-00 per cent. Defence Redemption Loan, per Chapter
|
|
|
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289 of 1882.................................................
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3,000,000 00
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1899
|
Defence Redemption Loan.
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*3 per cent.. Exchange Loan of 1886, per Chap. 441) of 1886. .
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1,270,474 10
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1901
|
Redemption and Exchange State
|
|
|
|
Debt.
|
+3 " " " 1889, " 201 of 1888..
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3,079,400 00
|
1903
|
Redemption and Exchange of
|
|
|
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Sterling Debt
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++3 " " 1891, " 805 of 1890..
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706,757 14
|
1905
|
Redemption and Exchange of
|
|
|
|
State Debt.
|
3 1/2 " Penitentiary Loan, " 166 of 1896. .
|
500,000 00
|
1911
|
Extension of the Md. Penitentiary.
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3 1/2 " Insane Asylum Loan, " 164 of 1896..
|
100,000 00
|
1911
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Second Hospital for the Insane.
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Making an aggregate of .....................................
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$9,284,986 24
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As an offset to this debt, the State holds the following
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Bonds and Stocks on which interest or dividends have
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been promptly paid, to wit.................. .............
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.
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Stock in Washington Branch B. & O. R. R. Co. $550,000 00
|
|
|
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" Farmers1 National Bank of Annapolis.... 46,470 00
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|
|
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" in Balto. & Fredericktown Turnpike Co. . . 11,000 00
|
|
|
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Bonds of Northern Central Railway — Mortgage. 1,500,000 00
|
|
|
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Stocks & Bonds to credit of the Sinking Funds. 4,228,438 11
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6,335,908 11
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Net debt after productive Stocks held by the
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