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STATEMENT, J.
Showing the Funded Debt of the State, as of the 30th Day of September, 1910.
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CHARACTER OF LOANS.
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Amount of
Loans.
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Maturity of
of Loans.
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For What Account.
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3 per cent. Consolidated Loan of 1899, per Chapter 219
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of 1898....................................
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$3,253,926 13 ,
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, 1914
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Exchange of State Debt and
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for New Public Buildings.
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3 per cent. State Building and Improvement Loan, per
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Chapter 607 of 1900.......................
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500,000 00
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1915
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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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3.50 per cent. Public Buildings Loan, Chapter 228 of 1904. .
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1,625,000 00
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1919
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Public Buildings.
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3.50 per cent. State Roads Loan, Chapter 141 of 1908 ....
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1,551,000 00
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1923-24
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State Roads.
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Making an aggregate of .................................
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$7,529,926 13
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As an offset to this debt, the State holds the following
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Bonds and Stocks on which interest or dividends have
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been promptly paid, to wit:
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Stock of the Annapolis Water Company ......$ 30,000 00
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Stock Farmers' National Bank of Annapolis.. 46,470 00
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Stock of Baltimore and Fredericktown Turn-
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pike Company............................. 11,000 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 and Bonds to credit of the Sinking
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Funds .................................... 4,721,479 72
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6,308,949 72
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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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$1,220,976 41
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