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STATEMENT J.
Showing the Funded Debt of the State, as of the 30th Day of September, 1903.
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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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3.50 per cent. Penitentiary Loan, per Chapter 166 of 1896. . . .
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$500,000 00
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1911
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Extension of the Md. Peni-
tentiary.
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3.50 per cent. Insane Asylum Loan, Chapter 164 of 1896. . . .
3 per cent Consolidated Loan of 1899, per Ch. 219 of 1898. .
3 per cent. State Building and Improvement Loan, per
Chapter 607 of 1900...............................
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100,000 00
5,401,926 13
500,000 00
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1911
1914
1915
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Second Hospital for the Insane
Exchange of State Debt and
for New Public Buildings.
Public Buildings.
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3 per cent. State Loan of 1902, Chapter 200 of 1902.......
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600,000 00
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1917
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Public Buildings.
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Making an aggregate of .....................................
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$7,101,926 13
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As an offset to this debt, the State holds the following Bonds
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and Stocks on which interest or dividends have been
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promptly paid, to wit :
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Stock of the Annapolis Water Company.......$ 30,000 00
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Stock Farmers' National Bank of Annapolis... . 46,470 00
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Stock in Balto. & Fredericktown Turnpike Co. . 11,000 00
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*Stock 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 — Mort-
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gage......................................... 1,500,000 00
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Stocks, Bonds and Cash to credit of the Sinking
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Funds..................................... 2,347,751 90
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4,485,221 90
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Net Debt after productive stocks held by
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State and the Sinking Funds are deducted................
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$2,616,704 23
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