STATEMENT J.
Showing the Funded Debt of the State, as of the 30th Day of September, 1904.
CHARACTER OF LOANS.
|
Amount of
Loans.
|
Maturity
of Loans.
|
For What Account.
|
3.50 per cent. Penitentiary Loan, per Chapter 166 of 1896. . .
|
$500,000 00
|
1911
|
Extension of the Md. Peniten-
|
|
|
|
tiary.
|
3.50 per cent. Insane Asylum Loan, Chapter 164 of 1896 ....
|
100,000 00
|
1911
|
Second Hospital for the Insane.
|
3 per cent. Consolidated Loan of 1899, per Ch. 219 of 1898.
|
5,401,926 13
|
1914
|
Exchange of State Debt and for
|
3 per cent. State Building and Improvement Loan, per
|
|
|
New Public Buildings.
|
Chapter 607 of 1900......................
|
500,000 00
|
1915
|
Public Buildings.
|
3 per cent. State Loan of 1902, Chapter 200 of 1902. .....
|
600,000 00
|
1917
|
Public Buildings.
|
3.50 per cent. Public Buildings Loan, Chapter 228 of 1904. .
|
825,000 00
|
1919
|
Public Buildings.
|
Making an aggregate of ..................................
|
$7,926,926 13
|
|
|
As an offset to this debt, the State holds the following Bonds
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and Stocks on which interest or dividends have been
|
|
|
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promptly paid, to wit:
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|
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Stock of the Annapolis Water Company.......$ 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
|
|
|
|
*Stock of the Washington Branch of the Balti-
|
|
|
|
more & Ohio Railroad Company ............. 550,000 00
|
|
|
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Bonds of the Northern Central Railway — Mort-
|
|
|
|
gage....................................... 1,500,000 00
|
|
|
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Stocks, Bonds and Cash to credit of the Sinking
|
|
|
|
Funds..................................... 2,646,587 00
|
|
|
|
|
4,784,057 00
|
|
|
Net Debt after productive stocks held by
|
|
|
|
State and the Sinking Funds are deducted.................
|
$3,142,869 13
|
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