STATEMENT J.
Showing the Funded Debt of the State, as of the 30th day of September, /poo.
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 1889, per Chap. 201 of 1888.
|
$7,400 00
|
1903
|
Redemption and Exchange of
|
|
|
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Sterling Debt.
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3.50 per cent. Penilentiary Loan, per Chapter 166 of 1896. . .
|
500,000 00
|
1911
|
Extension of the Md. Penitentiary
|
3 50 " Insane Asylum Loan, " 164 of 1896..,
|
100,000 00
|
1911
|
Second Hospital for the Insane.
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3 " Consolidated Loan of 1899, per Ch. 219 of 1898.
|
5,401,926 13
|
1914
|
Exchange of State Debt and for
|
3 " State Building and Improvement Loan, per
|
|
|
New Ptiblic Buildings.
|
Chapter 607 of 1900....... .... ...... ...
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300,000 00
|
1915
|
Public Buildings.
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Making an aggregate of . . . ...... . . . . .... ... ... .....
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16,309,326 13
|
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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 of the Annapolis Water Company ..... $ 30,000 00
|
|
|
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" Farmers' National Bank of Annapolis . 46,470 00
|
|
|
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" in Balto & Fredericktown Turnpike Co. 11,000 00
|
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* " of the Washington Branch of the Balti-
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more & Ohio Railroad Company .... 550,000 00
|
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Bonds of the Northern Central Railway-
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Mortgage .. ....... .......... .... 1,500,000 00
|
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Stocks, Bonds, and Cash to credit of the Sink-
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|
|
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ing Funds.............................. ... 1,286,587 00
|
|
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—————————
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$3,424,057 00
|
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Net Debt after productive stocks held by
|
|
|
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the State and: the Sinking Funds are de-
|
|
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ducted.. .. ... ... ...... ...... ..... ....... ......
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$2,885,269 13
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