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BUffimtm
OF THE

C

ommercial & {Financial

C

hronicle.

INDEX TO STATES.
Page.
Paoi.
ALABAMA,
171
MAINE, -.-OKLAHOMA,
ARIZONA, .... 144 MARYLAND,
75 OREGON,
-

-

-

...
...
COLORADO, ...
CONNECTICUT,
DELAWARE. ...
ARKANSAS,

CALIFORNIA,

-

DIST.

-

OF COLUMBIA,

FLORIDA,
GEORGIA,
IDAHO.
LLLLNOIS,

INDIANA,
IOWA,
KANSAS.

.

-

-

--..
--..
..--

.

-

KENTUCKY.

-

-

-

LOUISIANA,

-

-

-

•

-

-

-

MASSACHUSETTS,
MICHIGAN, - - MINNESOTA, - -

-

MISSISSIPPI,

-

-

-

MIS80URI,

-

-

-

76

MONTANA, - - NEBRASKA, - NEVADA, - - NEW HAMPSHIRE,

170
167
138
95
90
114
128
160
174

NEW
NEW
NEW

JERSEY,
MEXICO,

-

-

YORK, NORTH CAROLINA,
NORTH DAKOTA,
-

OHIO,

-

-

-

Page.
-

-

-

-

-

-

175
146
140
33
74

-

7

15
101

110
172
117
136
126
153
10

58
143
39
184
122
77

PENNSYLVANIA
RHODE ISLAND,
SOUTH CAROLINA
SOUTH DAKOTA,
-

-

-

TENNESSEE,
TEXAS, - -

,

.

-

-

-

-

-

-

145
150
65
31
166
124
162
176

UNITED STATESDebt, Ac.

-

-

-

UTAH

-

VERMONT,

-

-

-

VIRGINIA,

-

-

-

-

-

-

-

-

-

-

-

-

WASHINGTON,

WEST VIRGINIA,
WISCONSIN,

WYOMING,

-

.

-

5
142
13
155
151
159
106
137

For Detailed Index for States, Cities, Counties and Towns,
see pares 182 to 188.

Ajpz?il 13,
WILLIAM

B.

1901,

DANA COMPANY, PUBLISHERS,

PINE STREET, ooknbb

of

PEARL STREET, NEW YORK.

[Entered according to Act of Congress in the year 1900, by William B. DaaaCokfajct, InOffioeoI Librarian of Congress, Wa«bl»gt»a,D.C.}

KIDDER, PEABODY &
115 Devonshire

Investment

Street,

Boston.

Securities.

LETTERS OF CREDIT.

FOREIGN EXCHANGE.

Kean,

CO.,

Van Cortlandt

&Co.,

BANKERS,
26

NASSAU STREET, CORNER CEDAR.

TRANSACT A GENERAL FOREIGN AND DOMESTIC
BANKING BUSINESS.
DEALERS

T.

IN

INVESTMENT SECURITIES.

IB.

POTTBE,

MUNICIPAL and TD/^TVT-piQ
CORPORATION OLJlN LJ£>,
172 WASHINGTON STREET,
CHICAGO,
LIST

....

ON APPLICATION.

ILLS.

OF THE

C

F inancial ^ hronicle.

ommercial &

[Entered according to act of Congress in 1900 by William B.

NEW
STATE

MD

CITY

Dana Company,

in the office of the Librarian of Congress, Washington, D, C.

YORK, APRIL

1901.

13,

Water Works Association, National Electric Light
Association, National Municipal League, New England Water Works Association and the New Jersey

BUTfltWtm*

The State and City Supplement, Issued semi-annually, is furnished
without extra ciarge to every annual subscriber of the Commercial

A number of other associations
have signified their intention to take the subject
Sanitary Association.

and Financial Chronicle.
The Investors' Supplement, issued quarterly, is also furnished
without extra charge to every subscriber of the Chronicle.

under consideration.
The Street Railway Supplement, issued semi annually, is likewise
The most recent|report on the question was made to
furnished icithout extra charge to every subscriber of the Chronicle.
the American Economic Association at a meeting held
The Quotation Supplement, issued monthly, is also furnished
in Detroit on December 29 by a committee of which Mr.
without extra charge to every subscriber of the Chronicle.
Terms for the Chronicle, including the four Supplements above M.N. Baker of the "Engineering News" is Chairman.
named, are Ten Dollars per year within the United States and Thirteen As this report was cot a final one the committee
Dollars (which includes postage) in Europe.
did not offer detailed methods of procedure, but conFile covers of the Chronicle are sold at 50 cents each postage on
;

the same
office

fined itself to the presentation of

18 cents. File covers for Supplements can be had at
for 65 cents or mailed for 80 cents.
is

London Agents.—Messrs. Edwards & Smith,

Municipal accounts, the committee maintained, should
show clearly the cost of construction, depreciation
and maintenance charges of each form of municipal
activity, and should separate ordinary from extraordinary revenue and expenditures the reports should
summarize these facts and give in addition full statisrelating to the
tical and descriptive information
nature, extent, workings and results of the various
municipal works the full reports of the separate
departments should be supplemented by condensed

1 Drapers' Gardens,

E. C, will take subscriptions and advertisements, and supply single
copies of the Chronicle at la. each.

WILLIAM

B.

DANA COMPANY,

Publishers,

Pine Street, corner of Pearl Street,

;

New York

Post Office Box, 958.

the general plan.

UNIFORM MUNICIPAL ACCOUNTS AND
STA TISTICS.

;

The

attention of good citizens

who

are of a reform-

being directed more and more to our
municipalities, not alone because of political malad
ministration, but also because of the unbusinesslike
manner in which their affairs are being handled. The
latter is true even of localities that are freed from the
baneful effects of rule by politicians, who use the
party machinery for private ends.
American cities, not being controlled by any central
authority, exhibit an entire lack of co-operation between the different administrative departments, many
of which, besides, are independent of a higher control.
These departments in a large number of cases display a
complete ignorance of the simplest principles of ac
counting, and to make matters worse a system when
once established is not permitted to remain, but
changes with a change in management, so that no
comparison of results over a series of years is possible.
So serious has this condition become, and so great
have the difficulties proven to those who have at
ing spirit

annual summaries, largely statistical, for the entire
municipality.
In other words, the project for reform
has two distinct ends in view first, uniform accounting, and, second, uniform methods of summarizing
accounts for presentation in city reports, in order to
give taxpayers a comprehensive idea of the methods
and results of the various city departments and to
make possible comparisons between^different "cities.
Bearing in mind the existence of committees of
other ^associations prepared to handle the phases of
municipal activity with which they are familiar, the
committee suggested that' the Economic Association
might address itself to municipal taxation and finance,
not of course from the standpoint of theory, but from

is

tempted scientific investigation of municipal problems on the basis of existing statistics, that steps
have been taken by a number of scientific societies
looking toward improvement. The Associations that
have appointed committees on uniform municipal
accounts and statistics are the American Gas Light
Association, American Public Health Association,
American Society of Civil Engineers, American Society of Municipal Improvement, Central
States

:

and

that of uniform accounting

statistics.

Such ques-

would include: the advisability of placing all
on real estate, compensation for municipal franchises, municipal ownership, and day labor versus
tions

taxes

the contract system.

The reform movement
what

now

is

fairly

under way, and

the co operation of the
various reform agencies to the end that efforts may
be directed with greater exactness and that duplicais

at present

needed

is

may be avoided. The committee
recommended the encouragement of

tion of activity

j

ac-

cordingly

co-

operation between the various sanitary, engineering
and other technical societies, in the hope that a gen-

;

I

eral

conference committee

may be formed composed

—

S"W£ /WB

CITY SUf flEMEWT,

Vol.

LXXII

members from the committees of the societies, and tain persons who argued that the effect must be to
that some one committee having a strong member- diminish the demand for municipal bonds, thereby
ship and backed by a society that can provide it with lowering the price at which such bonds could be
of

funds will act as a centre for the investigation and disposed of.
The enlargement of the scope of the investment
correlation of plans, and for finally presenting a comaccounts and re- field of the savings institutions in this State during
plete scheme of uniform municipal
ports.
They urged further, that after such a plan the last decade has, as the reader knows, been very
had been formulated by co-operative effort, steps material. The enlargement has been accomplished
should be taken to secure its adoption by the munici- through a gradually widening process, only one step
palties through the agency of State boards of munici- at a time being made. The record of our law- makers in
this respect, indeed, has been very conservative.
pal control or special State commissions.
They
The committee suggests that much valuable in- showed decided reluctance to extend the authority
formation could be placed within the reach of inves- of the institutions so as to allow the purchase of new
tigators if the National Government published annually kinds and classes of obligations and may be said to
a comparative summary of municipal statistics of the have yielded only as necessity made it clearly maniwhole country. We cannot think that'course is at fest that the original category was surely inadequate.
all necessary or advisable.
The work belongs to the In an article in the State and City Supplement for
State and city, stimulated Dy these private societies April 1898 we reviewed the earlier of the steps in the
and the people at large. Tumble any part of it over process. All the banking laws of the State were
on to the General Government and we speedily^trans- revised in 1892. Savings banks were included in the
fer the responsibility so far from the activities and revision, but no essential alterations were made in the
heart of the people as soon thereafter to relieve and investment features.
As before, the institutions were
destroy individual action and accountability. Besides,

limited in their

partment of the General Government in the undertaking. The present Census Office will no doubt issue
exhibits which will perhaps furnish the public with
facts more in detail than it now has with reference to
the nature and extent of municipal activities; and so
far as it does, those results can serve as a basis for
detailed ir quiries by societies, State officials, etc.
The Economic Association continued the same committee in power, and thus endorsed the policy of the
co-operation of scientific societies for the attainment
of the ends sought.
Although the net results of the
reform movement are very small when compared with
what remains to be accomplished, the situation is by
no means hopeless, and some improvement is to be

land,

choice to three classes of securities
(independent of real estate mortgages), namely, (1)
the fundamental principle of our political'organizaU. S. Government securities, including the bonds
tion is a stern command to the Central power
"hands cff from our municipalities." "What the public of the District of Columbia; (2) State securineeds is to get back to the town-meeting idea, and ties, and (3) municipal securities of this State. In
not look as far as possible from itself for a scapegoat 1893 an amendment was made in the law which
to carry burdens which duty and principle require permitted the banks for the first time to invest
should be removed or lifted through work done at the in the securities of municipalities outside of this State.
home centre. While therefore highly regarding the The provision was not a general one, taking in all
value of uniform methods of accounting and like outside cities, but comprised merely certain desigsummaries of statistics extending to as many cities nated municipalities. The list was made up of Boston and Worcester, Mass.; St. Louis, Missouri; Cleveas possible, we deprecate the interference of any de

looked for in the near future.

SAVINGS BANK INVESTMENTS AND
MUNICIPAL BOND*.
An

inquiry into the subject of the investments of
the savings banks of this State seems pertinent at the

present time in view of recent discussions and events.
On the one hand, it will be interesting to see what

changes have taken place in the security holdings of
these institutions as the result of

the extension during the last few years of their permissible line of in-

vestments

—that

is,

how

largely they have availed of

the privilege accorded under late

laws to place their moneys in
obligations.

On

amendments of the
new classes and kinds of

the other hand,

it

will be interesting

Michigan; Providence, R. I.,
and New Haven, Conn. la 1895 the list was enlarged by adding Cambridge, Lowell and Fall River,
Mass.; Cincinnati and Toledo, Ohio; Grand Rapids,
Mich.; Hartford, Conn.; Portland, Me.; Philadelphia, Pittsburg, Allegheny, Reading and Scranton,
Penn.; Minneapolis and St. Paul, Minn,; Des Moines,
Iowa; Milwaukee, Wis.; Louisville, Ky.; Paterson
and Trenton, N. J., and Baltimore, Md. In 1896
Springfield, Mass., and Newark, N. J., were added to
the list, and in 1897 Holyoke, Masa., and Camden,
Ohio; Detroit,

N.J.
A more

radical departure

came

in 1898,

when

privi-

lege was accorded to invest in

railroad

railroad corporations of this State

the principal part

mortgage
bonds under certain carefully defined restrictions and
This early privilege, however, was a narlimitations.
row one. It was circumscribed so as to include only
whose road was located within the State. In 1899
this privilege was extended so as to include (under the
same restrictions) roads of other States connecting
with and controlled and operated as part of a system
in this State, and also so as to include (under still
more stringent requirements in certain respects) bonds
of the Chicago & NorthWestern RR., the Chicago
Burlington & Quincy, the Michigan Central, the
Illinois Central, the Pennsylvania RR., the Delaware
& Hudson Canal, the Delaware Lackawanna & Westof

ern, the

New York New Haven &

Hartford, the Bos-

movement ton & Maine and the Maine Central also the Fonda
municipal bonds, more particularly for Johnstown & Gloversville RR., which was put in a class

to study these changes in the light of
of prices of

'

the

;

determining whether the course of by itself. In 1900 the Chicago & Alton was added to
municipal bond prices has been influenced by such the list. At this year's session of the Legislature
changes. It may, perhaps, be recalled that the addi- further additions have been proposed, but none of
tion of new classes of investments was opposed by cer- the bills had become laws at the date of this writing.

the purpose of

—

.

$W£

1901.

April,

/WB

3

CITY 8Uf fl£]V!£NT.

A fact of considerable importance in its bearing
matter of course that savings bauk
maaagers have not been slow to take advantage of the upon the changes here outlined is the great growth
opportunities thus offered for extending their invest- that is going on in the deposits and resources of the
ments into thes8 new fields. The purpose of this banks. Taking the resources as the best measure of
article is to show the aggregate extent of their pur- the investment requirements of the banks, we may
chases of this kind, and the influence of such pur note that the aggregate of these resources last year
chases on their holdings of the old lines of securities. passed the one-thousand million mark, and January 1
We have accordingly compiled the following state- 1901 reached $1,066,019,217. On January 1 1898 the
ment giving the holdings of the various kinds and total was $869,751,244, and on January 1 1893 it was
Hence in the three years since
classes of bonds on January 1 1901, in comparison but $718,454,662.
with corresponding figures of a number of previous railroad bonds have been added to the list, the funds
It follows as a

80.779.344!

96,637,250 100,708,450
5,351.800
5,589,800
483,000
973.000
57,792,041 66.12>.635 P5,209,576
71,8<2,790, 63,401.18
52,300,426
146.399.234 138,238,642 128,855.340
21,2 15,591 21,518 133 23,352,572
8,«31.958
8,106,052
8,356.645
9.758.064
10,608.745
9,940.383
3.4P9.657!
3.186,175
8.220,583
43.843,noo;
8,851,000

which the savings institutions have had to employ
have increased 196 million dollars, and in the eight
years since municipal bonds outside of this State were
first brought within their province, the addition to the
funds ii their possession has been over 347 million
dollars.
"When this circumstance is recalled and when
furthermore it is remembered that there has been a
coincident marked expansion in the deposits of the

479,203,359

456,681.310 412,09 >,813 38^,799,777

savings institutions in other States, and particularly

years.
Clnssts of

S

an.

curities Held.

1,

1901. tan. 1, 1900

./•»«. l,l*-99

Jan.1.1898

I

United Sta'es bonds
of C Inmbia 8'65 bonds...
New York State bonds

5*,564,4ll
6,394,350
1.72M.000
56.023,031
82,051, *53

Tlist.

Bon's of otber Sta es
Bonds of cities in other Slates.
Bonds of cities in this St ite

3.733,000,

119.5U.933

B 'nds of counties in this State
Bonds Of towns in this Stite.
B nd< of villages in this Slate..

2l.691.K54
8,359,699

.

11,021.947;

School district oonds
Railroad mortgage bonds

3,450,*17

.

Total par value bonds

Amount

84,466.850
5.305,35)

61 ",225,501

Total resources

492,640,25) 445,644.419 420.791,737

436,937.781

at cost

Real estate mortgages

406.210,575 380.952.028 358,9 13,901

1,066,019,217

i

1

,000,209,099 923,420,862 869,75 1,244

New

England, not alone the wisdom but
the pressing necessity which existed for opening these
new fields to the banks would seem to be put beyond
in those of

question.
Clarses of

S entities Held.

Jan.

Columb a3M5 bonds

5,350,800
55,000
50,060,587
31,588,475
121,917.806
21.875.170

New York
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds

1897. Jan.

$
110,060.486

United States Binds
Dist. of

1,

State bonds
of other State*
of cities in other States.
of citie-i in thi* State
of counties in tnis state
of towns in this Stale ..
of villages in tbis State.

1,

1896. Jan.l,lS94 JVm.1,1893

I

108.887,450
5,364,800

$

ft

92.604,250 109.375,460
4,895.800
5,378.800

8,7725061
2,776,234

47.868,035 45,152,787 44,820.029
24,180.941
3,396,633
126,508.542 120.387.970 120,187,425
17,407,565 14,785.112 14.968.326
9,254 133
9,261,576
9,723,343
6,394,337
8.266,317,
6,580,200
1,730,878
1,519,972
2,522,107

Total par value of bonds

361,614,417i

350,729,100 298,601,900 312,091,788

Amount at

393.447,895

381,954,228 325.258,616 340,781,891

344,366.085

325,777,750 306.856,607 293,971.249

812,173,632

It is nevertheless desirable to see

of bonds of municipalities in this State has
been in the three years since authority has been conferred upon the banks to buy railroad bonds.
At the
outset, however, it is well to remember that from the
very nature of the case no positive conclusion can be
drawn on the point as to whether the changes in the
savings bank laws have had any influence upon such

prices

783.078.581 704.535,118J718,454,662

9.157.293,

School district botHs
Railroad mortgage bonds

cost

Real estate mortgaaes

..

prices.

a

From
it is evident that the oanka
have availed very liberally of their new privileges.
They held 80f millions of railroad mortgage bonds on
January 1 1901, against none of this class of obligations on January 1 1898.
It appears, nevertheless,
that they have not neglected any of the old forms of
permissible investments. Thus, they have been steadily
adding to their holdings of bonds of cities in
this State, and now report $149,531,933 of such
bonds on hand, against $128,855,349* on January
1 1893, an increase in the three years of
over
20£ million dollars. The item of bonds of cities
the foregoing

of other States

three

years

now amounts

in

of

1898,

to $32,654,853, against

making an addition

30 million

dollars.

Same

in

the

of

the

town bonds show irregular changes,
recording a decrease from earlier years, but no con
elusions can be drawn from this, as there is never any
considerable supply of these bonds, and old issues are
minor items

like

The one leading class of
obligations in which there is a marked decline is
United States Government bonds, the total now being
constantly being paid

only

Necessarily a variety of circumstances enter

and tendency of prices over
The supply of bonds offering, the

as factors into the course

Total resources

$52,300,426

what the course of

58-£ millions,

off.

against lOOf millions Jan. 1 1898 and

110 millions Jan. 1897. Here of course the high price
to which the bonds have advanced and the low return
netted by them furnishes a perfectly obvious explanation of the falling

not escape notice that
real estate bonds and mortgages still constitute the
largest single item of investments, the aggregate of
the same for January 1 1901 standing $436,957,784.
The corresponding total January 1 1898 was $358,943,901, so that in the three years the banks have enlarged their ownership of this form of obligations by
78 million dollars.
off.

Ic will

given period.

condition of the

money market, the

state of general

confidence, the state of tracle and business and the

opportunity afforded to ordinary moneyed capital for
finding profitable employment in other directions
these are all elements in the problem. In a broad,
general way
are not

now

it

may be

said that municipal

bond

prices

at the lowest.

A

few illustrations will serve to give an idea as to
what the tendency of prices has been during the last
three years.
Albany sold a considerable amount of
bonds in December 1897 on a basis of 3*18 to 3*20 per
This was before the banks had authority to
cent.
invest in railroad bonds of any kind.
In June 1898,
after permission had been given to buy railroad bonds
of this State, a $200,000 is3ue of Albany bonds could
be disposed of no better than at 322 per cent. As a
matter of fact, however, the new law had absolutely
nothing to do with this advance in interest rate. The
advance was due to the fact that thi breaking out of
the Spanish-American war had unsettled the markets
for the time being, municipal bonds by reason of that
fact having in the spring became almost unsalable.
With the return of confidence, owing to the brilliant
victories of the American forces, Albany ii November
1898 sold $195,000 and $14,000 4s respectively at
prices yielding the purchaser 3 07 and 3 06 per cent,
and in February 1899 found takers for $100,000 and
Oa
$30,000 3£s on a basis of 3*04 per cent.
-

the other hand in November 1899 we find that 350
had to be paid for money on a sale of $130,750 4 per
cents.
It is true that savings institutions had in the
meantime had their line of investments further broadened, but it is also true that the money market was
greatly disturbed. The present year $124,000 and $65,-

SWE m®

CITY SUf TltWtWT.

000 3^8 were sold on a basis of 3-05 and 3*11 per cent.
Buffalo disposed of bonds in December 1897 on a 318
per cent basis, and in March 1898 borrowed at 3*11
and 3 10 per cent, but in May 1898 paid 3-34 and 3-37
per cent. November 1898 saw the rate down again
to 3*09, and April 1899 witnessed a drop to 2*99 and
From this there was an advance again
2 96 per cent.
#

nntil October 1899.

when

3*27 was

paid.

The most

loan of Buffalo, namely March 1901, was
placed on a 3*03 per cent basis. For New York City

recent

the differences have not been so wide, because unusual
care has been exercised in selecting the time for the

being often withheld when the monetary surroundings were unfavorable. In the main, however, the experience has been much the same. In Desales, offerings

The

face that the best prices

Vol.

and lowest

LXXII
rates

for

municipal bonds in recent years were obtained at the
beginning of 1899, and that this period was coincident
with the passage of the law authorizing investments
in railroad bonds outside of this State, and that at
the same time the legislatures of Massachusetts and

Connecticut in the same manner materially broadened
the investment field of savings institutions, would appear at

first

sight to establish

tion between the

a pretty close connec-

two events; but careful considerashow

tion of all the facts applicable in the matter will

that this conclusion

not warranted. In the first
place, the difference against 1901 is very slight at the
outside, and in the second place such difference as
is

there is would seem to be entirely due to changes in
cember 1897 the municipality borrowed at 311 per general conditions. Trade is more active now than it
cent, in August 1898 it paid 3*23 per cent, in Novem- was then and Stock Exchange speculation is simply
ber 1898 the terms were 3*07 and 2*79 per cent, and on an enormous scale.
As a result many of the large
in February 1899 2*89 per cent (though it is proper moneyed institutions which ordinarily make investto say there was an exceptional feature connected ments in municipal bonds find greater remuneration
with both the sale at 2'79 and that at 2*89), while in in putting their funds out in loans at the Stock Ex*
November 1899 3*16 per cent had to be paid. The change, and hence are not bidders for municipal
offerirjg in January of the present year found takers bonds.
Furthermore, it is to be remembered that
that placed during the last six months foreign municipal loans
at 293 per cent, while the latest loan
25 was sold on a 3'08^ per cent basis.
March
have been introduced in the market, where they now
There is nothing in the changes here recorded that compete actively with domestic issues. Hardly a day
cannot be readily and directly explained by reference passes but we receive the circular of some prominent
to market conditions without regard to the influence house offering one or more issues of foreign governThe illustrations given have very ment or municipal bonds at prices yielding the buyer
of the new laws.
clearly established the fact, we think, that the muni- very much higher returns than home bonds.
cipal borrowing rate advanced during the spring and
Of course we are not arguing that the municipal
summer of 1898 when the war with Spain introduced a borrowing rate might not have been driven considerdisturbing element of uncertain dimensions, and when, ably lower had the savings banks been held down to
at the same time, the United States Government came the old classes of investment, but the wisdom and
in as a competitor in the bond market by floating a 200 expediency of doing this may well be questioned*
This point passed, the borrowing When municipalities can obtain money in the neighmillion new loan.
rate early in 1899 dropped to a lower figure than be- borhood of 3 per cent they are obviously able to
Again the latter part of 1899, when the stock borrow on easy terms. We shall not, however, enter
fore.
and money markets alike suffered by reason of the into a discussion of this phase of the matter to-day.
collapse of the gigantic speculation and flotation of in- The fact is pretty well established, we think, from
dustrial undertakings, the fact was reflected in a what we have said above, that the new laws, while being
marked rise in the interest rate which municipal bor- an advantage to the banks, have been no disadrowers had to pay. Since then the rate has been once vantage to municipal borrowers in the way of immore tending downwards, though the figure at present posing higher borrowing rates than formerly, the
trifling rise in rates which has occurred being due
is in mcst instances a trifle above that reached the

—

first

half of 1899.

—

to other causes.

:

.

UfliTEB

April, 1901.

United

STATES,

and

Debt

States

Its

History.

The following is a statement of the debt of the United States past and present. To add to its usefulness we give references to the laws authorizing each of the issues of bonds outstanding to-day, and likewise, so far as we deem it needful, citations frorn those laws.

our figures, except when otherwise noted, represent the status at the close of business June 30 or the beginning of
business on July 1 of each fiscal year. To conform to that feature and yet furnish information through which any reader
oan always have the data for a correct exhibit of the debt situation'at any past or future day, and make an accurate comparison with previous years, we present, First, the details as they stood at the close of the last fiscal year ending June 30
1900; Second, the changes in those details since June 30 1900 down to April 1 1901; Third, the items of interest-bearing
debt, &c, at the beginning of each fiscal year since July 1 1876; Fourth, we publish in the Chronicle every month usually
the first or second Saturday the full detailed Government statement of the debt as reported by the Treasurer on the last
day of the previous month some months lack of space forces us to delay ihe publication to a later week,
With these data at his command, it would seem as if any inquirer could satisfy himself fully with reference to every
point which might become of importance for him to know respecting the United States debt.
All

—

—

;

INTEREST-BEARING DEBT OUTSTANDING JUNE 30
Title

Interest

of 1891.. July 14,-70, & Jan. 20,'71
{
March 14, 1900
Consols of 1930
Loan of 1908-1918 ... June 13, 1898
Funded loan of 1907.. July 14,'70,& Jan. 20,'71.
Refunding certificates February 26, 1879
January 14, 1875
Loan of 1925

Funded loan

Loan

of

January

1904

14,

1875

Issued.

Option U.S. M,J,S&D.
^^11% April 1930 J.O,J &A.
2 percent..
|

1,

3 percent..
4 percent..
4 percent..
4 per cent..
5 per oent..

Aft.A*g.l,'08

July

1,

F.M.A&N

1907. J,A,J&0

J.A.J&O.
Feb. 1, 1925.
Feb. 1, 1904.

-Outstanding

A mount

Payable.

of Loan.

1900.

F.M.A&N
F.M.A&N

Registered.

$250,000,000
307,125,350
198,792,640
740,917,500
40.012,750
162,315,400
100,000,000

Coupon.

Total.

$21,979,950
300.233.750
59,991,000
295,536,400

$S,89 1.600
68,852,240
59,991,950

120",857!6bb

'41,458,400

29,090,250

18,560,930

$21,979,850
307,125,350
128,843,240
355,528,350
35,470
162,315,400
47,651,200

Agg'ate of interest-bearing debt, cxcl. of U.S. bonds issued to Pao. RRs., as stated below $1,799,1 63.640 *827,68S,250 $195,755,140 $1,023,478,860

DEBT ON WHICH INTEREST HAS CEASED JUNE
Funded loan

of 1891, matured September 2 1891
at various dates prior to Jan. 1, '61, and other items of debt

Old debt matured

30 1900.
$76,250 00

matured at various dates subsequent to Jan.

1, '61

1,100,070 26

.

Aggregate June 30 1900 of debt on which interest has ceased since maturity

DEBT BEARING NO INTEREST JUNE

$1,176,320 26

30 1900.

Authorizing Act.

United States notes.... Feb. 25 1862; July 11 1862; March 3 1863
'July 17 1861: Feb. 12 1862
Old demand notes
National

Bank

$346,681,016 00
53,847 50

notes

Redemption accouut. 'July 14 1890
Fractional currency. ..J July 17, '62;
!

35,147,878 50

1

Mar.

Act of June

3, '63;

June

30, '64, $15,254,924 41; less $8,375,934 estim'd as lost or destroyed,

21, '79

6,878,99041

Aggregate June 30 1900 of debt bearing no interest

$388.761,732 41

The foregoing shows that the Government debt on June 30 1900 was made up of (1) interest-bearing debt, $1 ,023,478,860, of
(2) debt on which interest has ceased, $1,176,320 26, of (3) debt bearing no interest, $388,761,732 41, making total gross debt,
subtracting from the total the net cash balance in the Treasury ($305,705,654 78) at the same date (June
$1,413,416,912 67
30 1900) we have the net debt as it stood at the close of the last fiscal year, $1,107,711,257 89. To bring down the interestbearing debt to Oct. 1 19)0—which, as stated, was $1,023,478,860 on June 30 1900— we must add the $138,815,400 Consols
from the Loan of 1908-1918 $28,930,300, from the Funded Loan of 1907, $85,169,000,
of 1930, and deduct the following
from the Refunding Certificates $1,900, from the Loan of 1904, $24,712,800 and the remainder of the Funded Loan of 1891,
$21,979,850 (a net deduction of $21,978,450), to reach the total of the interest-bearing debt AltiI 1, 1901, which was
;

:

$1,001,499,260.
debt, see the same as issued every month in the Chronicle, the first or a later Saturday.
references to and citations from the laws which are the authority for the debt as it stands to-day, including
now
first,
the new 2 per cent loan authorized March 14, 19 )0 second, the two tables on the next page, which exhibit all the particuthird, the
lars of the total debt of the United States on June 30 of each year from 1876 to 1900, and on April 1, 1901

For later and future details of the

We

add,

;

;

Pacific Railroad bonds, which are never included in the Treasury debt statements.
" FUNDED LOAN OF 1 891 " (Column 1) 4*2 per cents, continued at 2 per cent. The bonds of this issue were issued in exchange for the
4!<5 per cent funded loan of 1891 by agreement between the Secretary of the Treasury and the holders, and were made redeemable at the
pleasure of the Government. Amount issued $25,364,500, but May 18 all were called for redemption on August 18, when interest ceased.
"CONSOLS OF 1 930."— (Column 9.) Bonds (2 per cent payable at the pleasure of the Government after 30 years) authorized
in "Act to define and fix the standard of value," etc (for copy of Act see Chronicle, viarch 3, 1900, page 411),forthe purpose of refunding
(2) bonds bearing interest at 4 per cent payable July
(1) outstanding United 8tates bonds bearing interest at 5 per cent payable Feb. 1, 1904
1, 1907, and (3j bonds bearing interest at 3 per cent payable August 1, 1908 (the "ten-twenties of 1898"). For details of arrangement see
Secretary G tge's circular with re terence to the operations tor carrying out the refunding provisions of the bill in Chronicle, March 17, 1900,
page 509. Of these 2 per cents there were outstanding April 1, 1901, according to debt statement, $445,940,750.
" LOAN OF 1908-1 918."— (Column 7.) The bonds included under this head are an issue of $200,000,000 3 per cents. They were
authorized by Act of June 13 1*93, and are known as the " "War loan." The law provided that in allotting said bonds the individual subscriptions of the lowest amount must be llrst allotted. On the day the Act was signed a Treasury circular was issued (see oircular in Chronicle of
June 18 1898, page 1168,) inviting subscriptions for 32 days, from June 13 to July 14, for the amount of bonds stated, in both coupon and registered form, coupons in denominations of $20, $100, $500 and $1,000, aud registered In denominations of same amounts, and also in $5,000 and
$10,000, dat"d August 1 1898, redeemable in coin at the pleasure of the United States after ten years from date of issue, and due and payable
August 1 1918. See circular for further details. Subscriptions reached the amount of $1,325,000,00 J. The amount now outstanding (April 1,
;

1901)

is

$99,912,940.

FUNDED LOAN OF 907"

(Column 2) 4 per cents. The act of July 14, 1870, authorized the issue of 1,000 million dollars of bonds at 4
1
per cent, payable iu coin of the present standard value, at the pleasure of the United States after thirty years; these bonds to be exempt from all
taxes or duties of the United States, as well as from taxation in any form by or under State, municipal or local authority. Bonds to be sold at
not less than par in coin, and proceeds to be applied to the redemption of outstanding 5-20s, par for par. Outstanding (April 1, 1901),
$270,359,350.
" REFUNDING CERTIFICATES" (Column 3).— Act of February 26 1879 authorized the Secretary of the Treasury to issue in exchange
for lawful money of the United States certificates of deposit of the denomination of ten dollars, bearing interest at the rate of 4 per cent, and
convertible at any time, with accrued interest, into the 4 per cent bonds described in the Refunding act; the money so received to be applied
only to the payment of the bonds bearing interest at a rato not less than 5 per cent. On March 12 1879 the issue of these certificates and their
exohange into 4 per cent bonds were authorized; the certificates were to draw 4 per cent interest from April 1 1879 and were convert! >.e in
sums of $50 or its multiples. The amount Issued at the close of the fiscal year (June 30 1879) was $39,308,110, but they had been converted
so rapidly that there were outstanding at that date only $12,843,210. On October 31 1879 the entire authorization had been reached, the
maximum amount of the issue being $40,012,750. Of these there were still outstanding on April 1, 1901, a total of $33,570.
" LOAN OF 1 925 "— (Columu 5.) Sales of bonds inoluded under this designation were effected (1) in February 1395 to the amount of
$62,315,400 and (2) in February 1896 to the amount of $100,000,000. In a message to Congress under date of February 8, 1895 (published in
the Chronicle February 9 1895, page 244), President Cleveland stated in substance that in pursuance of Section 3700 of the Revised Statues
the details of an arraugemont have this day been concluded whereby bonds authorized under the act of July 14 1875, payable in coin at the
pleasure of the United States after the first day of Feb., 1925, with interest at the rate of 4 per cent per annum, to the amount of $62,315,400.
are to be issued for the purchase of gold coin amounting to a sum slightly In excess of $65,000,000, to be delivered to the Treasury of, the United
States, whioh sum added to the gold now held in our reserve will so restore such reserve as to make it amount to something more than $100,000,000. Suoh a premium is to be allowed to the Government upon the bonds as to fix the rate of interest upon the amount of gold realized at
3 3i p. o. per annum. At least one-half of thegoldto be obtained Is to bo supplied from abroad. Section 3700 of the Revised statutes is as follows:
"Sec 3700. The Seoretary of the Treasury may purohase coin with any of the bonds or notes of the United States authorized by law a: suoh
rates and upon such terms as he may deem most advantageous to the public interest."
For a construction of the "Refunding Act of 1370" aud of the " Resumption Act of 1875," see Chronicle, February 18 1893, page 265.
The Issue in February 1896 was an ordinary offering, open to all bidders, of $100,000,000 of the same bm Is as the foregoing— same in
date, same in time of maturity, same in rate of interest and time of interest payments. Consequently both issues are oalled the "Loan of 1925,*
of whioh there are outstanding $162,315,400.
''

'

$W£ AW

6

CITY SUf fttMEWT.

Vol.

LXX1I

LOAN OF 1 904."— (Column 4.) The act of January 14 1875 authorizes the Secretary of the Treasury to use auy surplus revenues from
time to time in the Treasury not otherwise appropriated, and to issue, sell, dispose of, at not less than par in coin, either of the descriptions
Of bonds of the United States described in the act of July 14 1870 for the purpose of redeeming on and after January 1 1879 in coin, at
the office of the Assistant Treasurer of the United States at New York, the outstanding legal tender notes when presented in sums of not less
an fifty dollars. Under this authorization, and for the purpose mentioned, there were issued in Feb., 1894, payable in 10 years, $50,000,000 of
000 of 5 per cents and in Nov., 1.894, there were issued $50,000,000 more for .similar bonds for same purpose. Now outstanding $22,938,400.
In April, L8SJ5, we gave a table showing the debt of the United States on the first day of July 1856, and every subsequent
have determined on this occasion to begin our statement with
year. It is not necessary to repeat all those figures.
1876, as that year antedates all of the issues now outstanding, and yet carries the record sufficiently far back to show the
nature and extent of the Government securities when the refunding operations of that period began. It has the advantage,
The statement is subjoined.
too, of giving separate and distinct each issue of bonds now outstanding.
PRINCIPAL OF THE PUBLIC DEBT OF THE UNITED STATES FROM JULY 1, 1876 TO APRIL 1, 1901.

We

"

Funded Loan

"

Funded Loan
of 1907," 4

of 1891, 41-2 P.
,0. Conlin'd at 2.
•'

4.

3.

2.

1.
I

Year.

Per Cents.

" Refunding
Certificates"
4 Per Cents.

5.

Cents.

$

8.

"Navy Pension Old
Fund," 3
Per Cents.

Cents.

Converted

14,000,000
14,000,000
14,000,000
14,000,000
14,000,000

issue was
00
00 98,850,000 00 40,012,750 00
00 728,673,790 00 12,848,210 00
00 737,980,800 00
1,367,000 00

1881
1882
1883
1884
1885

250,000,000
250.000,000
250,000,000
250,000,000
250,000,000

00
00
00
00
00

738,659,000
738,884,300
737,586,300
737,661,700
737,719,850

00
00
00
00
00

688,800
465,050
355,900
290,000
240,600

00
00
00
00
00

14,000,000 00
14,000,000 00
14,000,000 00

1886
1887
1888
1889
1890

250,000,000
250,000,000
222,207,050
139,639,000
109,015,750

00
00
00
00
00

737,759,700
737,800,580
714,177,400
676,095,350
602,193,500

00
00
00
00
00

207,800
175,270
138,050
119,640
103,860

00
00
00
00
00

14,000,000
14,000,000
14,000,000
14,000,000
14,000,000

1891
1892
1893
1894
1895

50,869,200
25,364,500
25,364,500
25,364,500
25,364,500

00 559,566,000 00
00 559,581,250 00
00 559,604,150 00
00 559,618,400 00
00 559,625,750 00

93,920
83,580
68,450
58,990
54,110

1896
1897
1898
1899
1900

25,364,500
25,364,500
25,364,500
25,364,500
21,979,850

00
00
00
00
00

1

1901— April
I

1

Continued at

3^ per cent.

559,636,850 00
559,640,100 00
559,646,050 00
559,652,300 00
355,528,350 00
270,359,3r0 00
t Continued at

14,000,000 00
14,000,000 00

00
00
00
00 50,000,000
00 100,000,000

47,140 00
45,130 00
41,520 00
37,830 00
35,470 00
33,570 00
3 per cent.

Year.
1876 July

1.

1877.
1878.
1879.

1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900

D

bt on which Interest has ceased.

$3,902,420
16,648,860
5,594,560
37,015,630
7,621,455
1,723,865
16,260,805
7,831,415
19,656,205
4,100,995
9,704,445
6,115,165
2,496,095
1,911,485
1,815,805
1,614,705
2,785,875
2,094,060
1,851,240
1,721,590
1,636,890
1,346,880
1,262,680
1,21«,300
1,176,320
1,770,140

26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
2<J

26

99,912,940

14.

Interest.

cival.

20
1901— April 1.
Note 1.— The annual interest charge is computed upon

2,000,139,119
1,833,859,164
1,699,801,257
1,599,939,572
1,553,955,087
1,509,411,093
1,381,492,625
1,306,679,062
1,185,419,624
1,080,777,474
1,005,806,560
968,218,840
961,431,766
1,016,897,816
1,096,913,120
1,222,729,350
1,226,793,712
1,232,743,062
1,436,700,703
1,413,416,912
1,385,586,430

t224,612,150
tl94,190,500

1,338,229,150 00
1,226,563,850 00
1,196,150,950 00

144,046,600

1,146,014,100 00

1

15
10
53

04
63
58
03
07
57
14
78
63
58
23
73
61
63
13
68
25
40
90
90
92
67
67

\

U9,716,500 1,021,692,350 00
950,522,500 00
829,853,990 00
725,313,110 00
610,529,120
585,029,330
585,037,100
635,041,890
716,202,060

00
00
00
00
00

847,363,890
847,365,130
847,367,470
1,046,048,750
1,023,478,860
1, 001, B 00,410

00
00
00
00

1930,"
2 Per Cent.

207,125,3?
445,940,750

00

00-

ETC. (Continued.)

Cash in the Treasury July 1.

$2,151,713,667
2,163,728,792
2,163,561,292
2,196,800,422
2,085,441,500

1304204350

198.678.720
128.84-i.240

Outstanding Prin-

84
27
78
37
32
77
81
31
88
52
37
32
97
47
35
37
87
42
99
14
64
64
66
41
382,31?-, 8-0 41

1

1,639,567,750 00
1,463,810,400 00

9

Debt bearing no

89

Interest-Bearing
Debt.

" Co7isols of

13.

$437,125,796
435,191,431
363,231,082
362,150,091
353,826,945
353,847,504
353,787,958
353,740,691
353,719,517
353,603,141
397,692,548
353,685,110
353,660,467
353,654,148
353,648,559
393,662,735
380,403,635
374,300,605
380,004,686
378,989,469
373,728,570
378,081,702
384,112,912
389,433,653
388,761,732

5

636,219,950
{460,461,050
132,082,600 )

7

162,315,400
162,315,400
162,315,400
162,315,400
162,315,400
22,938,400! lt-2,31 5,400

12.

00
00
00
00
00

1908."
(War Bonds),
31,157,700 3 Per Cents.

100,000,000
100,000,000
100,000,0001
100,000,000
47,651,200

Total

;

into'

"Loan of

PUBLIC DEBT OF THE UNITED STATES,
11.

10.

and 7s

iandiinP.CIs.

140,000,000
240,000,000
250,000,000
250,000,000

1877
1878
1879
1880

6s

$
$
00 1,696,685,450 1,710,685,450 00
00 1,557,888,500 1,711,888,500 00
00 1,441,885,650 1,794,735,650 00
00
792,121,700 1,797,643,700 00
00
720,645,300 1,723,993,100 00

$

Maximum

1876, Julyl

6.

" Loan of
" Loan of
1904," 5 Per!l925," 4 Per

15.
lotal Debt less Cash
in Treasury.

$90,788,326 70
144,453,360 73
164,179,012 08
200,394,517 01
166,114,752 88
180,488,965 3158,835,689 7s
161,019,43192
161,396,577 18
178,602,643 23
227,265,253 34
206,323,950 21
243,674,167 85
209,479,874 01
189,993,104 20
153,893,808 83
126,692,377 03
122,462,290 38
117,584,436 13
195,240,153 51
267,432,096 70
240,137,626 76
205,657,570 76
281,380,468 73
*305,705,654 78
'308,443,521 89

$2,060,925,340
2,019,275,431
1,999,382,280
1,996,414,905
1,919,326,747
1,819,650,154
1,675,023,474
1,538,781,825
1,438,542,995
1,375,352,443
1,282,145,840
1,175,168,675
1,063,004,894
975.939.750
890,784,370
851.912.751
841,526,463
838,969,475
899,313,380
901,672,966
955,297,253
986,656,086
1,027,085,492
1,155,320,235
1,107,711,257
1,077,142,908

45
37
45
03
75
23

25
15
39
91
44
42
73
22
53
78
60
75
55
74
70
14
14
19
89
78

16.

Annual

Interest

Charge.

$96,104,269
93,160,643
94,654,472
83,773,778
79,633,981
75,018,695
57,360,110
51,436,709
47,926,432
47,014,133
45,510,098
41,786,529
38,991,935
33,752,354
29,417,603
23,615,735
22,893,883
22,894,194
25,394,385
29.140,782
34,387,265
34,387,315
34,387,408
40,347,872
33,545,130
30,142,070

00
50
50
50
00
50
75
50
50
00
00
50
25

60
15

80
20
00
60
40
60
20
80
80
00
00

the amount of outstanding principal at the close of the fiscal year, exct pt in the case
which the total is oi that date, and is exclusive of interest charge on Pacific Railway bonds.
Note 2.— The figures for July 1 1879 were made up assuming pending funding operations to have been completed.
* NOT* 3.— Under the Act of March 14 1900 the Treasury Department has kept the gold Reserve Fund of $150,000,000 as a separate item,
and not included it in the available cash balance. In the foregoing statement, however, we have continue d to include the item so as not to
embarrass comparison with previous years.
Pacific Railroad Debt.— One other class of bonded debt must be referred to which has never been included in the
total of Government debt we mean the Pacific Railroad subsidy debt. To show the situation of this indebtedness we
have to make compilations of our own, as the Treasury form comes short of indicating the existing situation. In the
following we bring together the details respecting the issues to the Pacific Railroads, giving likewise in the statement the
debt already paid and the balance due to the Government.
of April

1, for

—

BONDS ISSUED TO PACIFIC RAILROADS—THEIR STATUS APRIL

of Railway.

Bonds
Issued by
Government.

$
25,885,120
6,303,000
27,236,512
1,600,000
Cent'l Branch, Un. Pacific
1,970,560
1,628,320
Sioux City & Pacific

Central Pacific

Totals
*

00
00
00
00
00
00

64,623,512 00

Government accepted principal

of

Net Interest
Paid by
Government.

9
36,604,385 29
6,-07,458 34

31,211,71175
2,143,636 85
3,453,102 86
2,556,269 50

82.576,564

9

1901.

Repaid by Companies.

Railroad Liability.

Name

1,

$
53,389,052 74
'12,910,458 34
40,253,605 75

62,489,50 29
12,910,458 34
58,448,223 75

5,423,662 86

5,423,662 86

111,976,779 69

139,271,850 24

29

9,100,452 55

34
75

18,194,618 00

Government.

Total.

$

$

•

8i

3,743,636 85

86
50

147,200,076 59
full

Settlement with

$

$
62,489,505
12,910,458
58,448,223
3,743,636
5,423,662
4,184,5*9

bonds— $6,303,000— in

Balance Due
United States.

Through
Sinning Fund.

Total.

4,184,589 50

27,295,070 55

payment

of all indebtedness; but subsequently received

7,928,226 35

an additional

$321,898, as mentioned in the note below.
Note.— The Government has been reimbursed for $27,236,512 principal and $31,211,71175 interest, being the total indebtedness of the
SubseUnion Pacific Railroad Company to Nov. 1, 1897, and for the principal of the Kansas Pacific Indebtedness, amouuting to $6,303,000
quently under the final decree for the dihtiibutlon of the assets of the Union Pacific Railroad, made by Judge Sanborn at St. Paul, October 24,
Under settlement agreement of Feb. 1, 1899, twenty notes of the
1899, the United States received an additional $821,898 on its claim.
Central Pacific Railroad Company were delivered to the Treasurer of the United States, aggregating $58,812,715 60, which amount represented
the unpaid balance of the total Indebtedness of the Central Pacific and Western Pacirto RaQroad companies to the United States on February 1,
1899. On March 10, 1899, in pursuance of agreement, the tirst four of said notes, aggregating $11,702,543 12 (with accrued interest amounting to $35,771 02) were transferred In consideration of a full cash payment into the Treasury of the principal and interest thereoa; another
note which, with interest, amounted to $2,946,194 79 was paid in February, 1900, leaving the balance unpaid Sept. 30, ltOO, $44,109,536 70,
and accrued interest, less transportation earnings.

Debts and
OIF1

Resources
TIEIE!

ZI\T

NEW ENGLAND
INDEX FOR THE

MAINE— State, Cities, &c
NEW HAMPSHIRE— State,

VERMONT— State,

Cities,

NEW ENGLAND

Pages
Cities,

&c

7 to 10

Pages 13 to 15

Etc.

MASSACHUSETTS -S-a .e, Cities, &c
RHODE ISLAND— State, Cities, &c
CONNECTICUT— State, Cities, &o
f

I

Pages 10 to 13

&c

STATES, CITIES,

|

Pages 15 to 30
Pages 31

to 33

.Pages 33 to 38

DEBT LIMITATIONS.— Constitutional

and statutory limitations
have become quite a feature since
In the States where these limitations are provisions

State of Maine.

restricting municipal indebtedness

ITS

DEBT, KESOTJRCES,
Admitted as a State (Act March

Etc.
March

1820)

3,

_____

-

Total area of State (square miles)

15, 1820

33,040

Augusta
John F. Hill
Governor (term expires 1st Wed. Jan., 1903),
Byron Bjyd
Secretary of State (term expires *Jan., 1903),
*Jan., 1903),
O. Smith
Treasurer (term expires
Legislature meets biennially in odd years on the first Wednesday in January, and there is no limit to length of sessions.
State Capital

*

Is

chosen by Legislature.

HISTORY OF DEBT.— For history of Maine State debt up to
1889, see State and City Supplement of April, 1895, page 9.
The whole State debt matured in June and October, 1889, and all
that was not paid was refunded Into new loans, payable by instalments, part each year. The debt at present is as follows:

LOANS—

<

NAME AND PURPOSE.

Reissue Loan, 1889 "
Original, 1864.
Do
Class B."

Do

Class

Interest.

3

J

,

& D

Bonds

.

When Due.
June 1, 1901

C."

-.J
u X June 1, 1922-1929)
$35,000 yearly.

Oct.

n5
uX
A
u
S

n5
uX

Class "D."

D

1,

June

1,

1,
1,

5

J

<fe

1901

500,0 JO

280,000
17,000

Oct. 1,1902 to 1911
$20,000 yearly.
Oct. 1, 1912 to 1921
$28,000 yearly.
Oct. 1,1922 to 1929
$3,000 yearly.

do
do
4 J <fe J
July
Bond to Insane Hospital 4 J <fe J
July
Loan of 1869. not presented for payment

Do

500,000

>

O

Class " C."

to State College..

$33,000

.

X

Do

Outstand'g.
Principal.

,

-,J June 1, 1902-1911)
* u X $50,000 yearly. \
& -.(June 1, 1912-1921)
"\ $50,000 yearly. 5

Do
Class D."
Reissue Loan, 1889 "A."
Original, 1869.
Do
Class " B,"
Do

—

Rate. Payable.

200,000
280,000
24,000
118,300
100,000
50,000

1919
1917
1917

700
1901
50,000
do
1900,3-3
do
100,000
1901
Temporary loan, 1901
100,000
Feb. 1,1902
PAR VALUE.— The bonds are chiefly for $1,000 or multiples.
INTEREST is payable at the State Treasury, Augusta, Me.
TOTAL DEBT.— The subjoined statement shows Maine's total funded debt on each of the dates named. On January 1, 1901, the total re-

Temporary war loan, 1899. 3%

Oct.,
...July,

sources of the State amounted to $1,132,374 52.
Jan. 1, 1901. Jan. 1, 1900. Jan. 1, '99. Jan. 1, '98.
Bonded debt
$2,103,000 $2,153,000
$2,203,000 $2,253,000
Temporary loan
350,000
350,000
200,000
150,000
ASSESSED VALUATION. -Valuations are taken only In even yearsassessed Valuation.
State tax
Fears.
Real.
Personal,
per $1,000
Total.
1900
$268,434,909
$2-75
$68,264,740
$336,699,649
2-75
1898
260,841,021
68,675,223
329,516,244
1896
257,389,047
71,111.917
225
328,500,994
2-50
1894
249,629,509
74,848,812
324,478,321
1892
236,135,199
78,194,982
314,330,181
POPULATION OF STATE,—The following statement shows the
population by Census periods since 1790
1900
6*4,466 I860.
299,269
628,279 1820
1890
661,086 1850
228,705
583,169 1810
1880
648.936 1840
151,719
501,793 1800
1870
626,915 1830
399,405 1790
96,540
,

the crisis of 1873.
of the Constitution of course debts contracted in excess of such limitation are absolutely void. In Maine the amendment to the Constitution
took effect January 2, 1878, and is in the following form and words
" Article XXII. Limitation of Municipal Indebtedness. No city or town
"shall create any debt or liability which, singly or in the aggregate,
" with previous debts or liabilities, shall exceed five per centum of the
" last regular valuation of said city or town; provided, however, that
" the adoption of this article shall not be construed as applying to any
" fund received in trust by the said city or town, nor to any loan for the
" purpose of renewing existing loans, or for war, or to temporary loans
''to be paid out of money raised by taxation during the year In which
" they are made."

SAVINGS BANKS' INVESTMENTS-POWERS AND RESTRICTIONS.— The provisions regulating the investments and loans of savings banks and institutions for savings in the State of Maine are contained in Public Laws 1895, Chapter 161, Public Laws 1893, Chapter
170, and Revised Statutes, Chapter 47, Sections 102 and 103.
All the provisions referred to above have been compiled by the Bank
Examiner, and we give his compilation below iD full.
Maine 8avings banks aud institutions for savings are restricted to
and hereafter may invest their deposits ia manner following, to wit:
Public Fund*.— Aggrcnate of Investments Unlimited.
Public funds of the United States.
Public funds of the District of Columbia.
Public funds of any of the New England States.
Bonds of the cities, counties and towns of any of the New England

—

States.

Public funds of the Stages of New York, Pennsylvania, Maryland,
Ohio, Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois, Missouri, Kansas and Nebraska.
Bonds of counties of twenty thousand inhabitants or more in said
last-named States, when issued for municipal purposes and which are
a direct obligation on all the taxable property therein, except when
issued in aid of railroads, provided the net municipal indebtedness of
such county does not exceed five per cent of the last valuation of the
property therein for the assessment of taxes.
For meaning of ''net municipal indebtedness of counties" see memo-

randa "A" further b<t»tr.
Bonds of any city of ten thousand inhabitants or more in said lastnamed States, when issued for municipal purposes and which are a

direct obligation on all the taxab'e property therein, except when issued
in aid of railroads, provided the net municipal indebtedness of such
cities does not exceed five per cent of the la*t preceding valuation of
the property therein for the assessment of taxes.
For meaning of"nel municipal indebtedness of cities" see memo-

randa "B" given beloie.
Bonds of the above-described cities and counties issued to take up at
maturity bonds that were legal and constitutional when issued, proi'i\///i(7theintere8thas been fully paid on the original bonds for at least
years last prior to sucli refunding, provided the net municipal indebtedness of such cities and counties does not exceed live per cent of
the last preceding valuation of the property therein for the assessment
five

of taxes.

Bonds and obligations of School District Boards, Boards of Educaand other corporate bodies within said cities authorized to iseus
bonds payable primarily from taxes levied on all the taxable property

tion

in such districts, provided the population of the district is ten thousand or more and the population and assessed valuation of the district
are equal to at least ninety per cent of the population and assessed
valuation of the city itself, provided the net municipal indebtedness
of such district does not exceed Ave per cent of the last valuation of
the property therein for the assessment of taxes.
For meaning of "net municipal indebtedness of districts" see memoranda '£" below.
Bonds of cities and districts in said States having a population of
seventy-five thousand or more, when issued for municipal purposes
and which are a direct obligation on all the taxable property therein.

Railroad Bonds.— Aggregate of Investments

—

Unlimited.
Railroad bonds of Maine; but no bonds of street railroads excepting
those already constructed In this State shall be purchased unless an
amount of capital stock equal to thirty-three and one-third per cent of
the mortgage debt shall have been paid in, In cash, and expended upon

—

m®

8T*T£

,

CITY SUf flEMEWT.

the road, evidenced by a certificate of the Railroad Commissioners, filed,
In the office of the Secretary of State, that said percentage has been so
paid in and expended, in addition to the amount of the bonded debt.

mortgage bonds of any completed railroad in New Hampshire,
Vermont, Massachusetts, Rhode island. Connecticut, New York, New
Jersey, Pennsylvania, Maryland, Ohio, Indiana. Kentucky, Michigan,
Wisconsin, Minnesota, Iowa, Illinois. Missouri, Kansas and Nebraska;
but no bonds of street railroads shall be purchased unless an amount
of capital stock equal to thirty-three and one-third per cent of the
morteasre debt shall have been paid in, in cash, and expended npon
the road, evidenced by a certificate of the railroad commissioners [of
the State where the road is located], tiled in the ofliceof the Secretary
of State [of Maine], that said percentage has been so paid in and expended, in addition to the amount of the bonded debt. [Note. -The
words in brack* ts do not appear in the text of the law, but are given
in the digest of the statutes prepared by the Hank Examiner, and evidently indicate his interpretation of the meaning of the law.]
First mortgage bonds of the Central Pacific, Union Pacific and
Northern Pacific railroads.
MorttraL-e bonds of any railroad leased to any dividend-paying railroad in New England, upon terms guaranteeing the payment of a regular stated dividend upon the stock of such leased road and the interest on its bonds.

Vol.

any corporation, nor invest more than ten per cent of its deposits, not
exceeding sixty thousand dollars, in the capital stock of any corporation.

F.

First

Water Bonds.—Aggregate

of Investments

Unlimited. —

Mortgage bonds of any water company in this State and New Hampshire actually engaged in supplying to any city or cities, town or
towns, village or villages, or other municipal corporations, water for
domestic use and for the extinguishment of fires, whenever such company is earning more than its fixed charges, interest on its debts and
its running expenses.

Corporation Bonds. —Aggregate of Investments

Unlimited.

any corporation (other than railroads and water companies) incorporated under authority of this State, which earns and is
paying regular dividends of not less than five per cent a year.

Bonds

From Chapter

165, Public Laws, 1889.
The, trustees shall see to the proper investment of deposits and funds
of the corporation in the manner hereinbefore prescribed.
G.
No loans shall be made directly or indirectly to any officer of
the corporation or to any firm of which such officer is a member.

H.

From Chapter

47, Section 105, Revised Statutes.

Officers Not to Receive Gift, Fee, dr. — No gift, fee, commission or
brokerage shall be received by any officer of a savings bank on account of any transaction to which the bank is a pai ty under a penalty for each offence of one hundred dollars, to be recovered in an action of debt in the name and to the use of the State, provided that
nothing herein contained applies to any expense of examining titles
and making conveyances upon loans made by savings banks.
I.

—

Expense of Making Loans. Parties making a loan from a savings
bank shall pay all expenses incurred by reason thereof.
J.

Irom Chapter ATI,

Section 131, Revised Statutes.

—

thority of this State.
Holdings of the capital stock of

any one bank limited. See memoranda "E."
Stock of any bank or banking association incorporated under authority of the United States, if located within the New England States.
Holdings of the capital stock of any one bank limited. See memoranda "E."
Bailroad Stock..—Aggregate of Investments Unlimited. —
Stock of any railroad in Maine unencumbered by mortgage.
Holdings of the capital slock of any one corporation limited. See

—

Does Not Affect Investments Already Made. But nothing herein
affects the legality of investments already made
And said
securities are valid in favor of the bank pursuant to any law in force

when such investments were made.

of

Bank Mock.— Aggregate of Investments Unlimited.
Stock of any bank or banking association incorporated under au-

LXXII

K.

Change of Investments.— And this chapter does not require the
change of investments for those hereinbefore named, except as
the same can be done gradually by the sale or redemption of the securities so invested in, in such manner as to prevent loss or embarrassment

in the business of such corporation or unnecessary loss or
injury to the borrowers on such securities.

L.

Investing in Securities Not Authorised, a Misdemeanor.— The investments in securities not named in section 100 is a misdemeanor on the
part of the trustees authorizing or officers making the same, and such
trustees or officers are subject to the prosecutions and punishments
prescribed by law for that offense.

memoranda "E."

Stock of any dividend-paying railroad in New England.
Holding* of the capital stock of any one coiporation limited. See
memoranda "E."
Stock of any railroad leased to any dividend-paying railroad in New
England, upon terms guaranteeing the paynentof a regular stated
dividend upon the stock of such leased road and the interest ou its

Counties and Towns

Cities,

IN

THE

STATE OF MAINE.

bonds.

Holdings of

I fie

capital stock of

any one corporation

memoranda "E."
Corporation Stock.—Aggregate of Investments

limited.

See

'

Unlimited.

Stocks of any corporation (other than railroads and water compaunder authority of this State, which earns and is
paying regular dividends of not less than five per cent a year.
Holdings of the capital stock of any one corporation limited. See
memoranda "E."
Real Estate Investment.— N'ol Exceeding Five Per Cent of Deftosils.— Real Estate in the city or town in which such bank or institunies) incorporated

ion

is

located.

Real Estate Foreclosure.—Holdings

Acquired by Foreclosure,
<£c. Unlimited.— Real estate acquired by foreclosure of mortgage
thereon or upon judgment for debts or in settlements to secure debts.
Loans on Real Estate.—Not Exceeding Fifty Per Cent of Deposits.
First mortgages of real estate in this State and New Hampshire to
an amount not exceeding sixty per cent of its value.
Loans on Collateral.—Aggregate of Investments Unlimited.
Notes with a pledge as collateral of any public funds or bonds of any
kind the bank or institution would by this statute be authorized to
purchase
Notes with a pledge as collateral of any stocks the bank or institution would by this statute be authorized to purchase.
Holdings of the capital slock of anyone coloration limited. See
memoranda "E."
Loans on Deposit Books.— Aggregate of Investments Unlimited.
Notes with a pledge as collateral of any savings bank-deposit book
or books of any savings bank in this State.
Loans on Bailroad stocK —Aggregate of Investments Unlimited.—Notes with a pledge as collateral of the stock of any railroad or
railroads mentioned in this section, but not over seventy-five per cent
of the market value of such stock.
Holdings of the capital stock of any one corporation limited. See
memoranda "E."
Loans to municipalities.— Aggregate of Investments Unlimited.

—

—

—To any county, city or town in this State.
Loans'on Oilier Personal Property.— Aggregate

Unlimited.—
Notes secured by a pledge or mortgage or such other personal property as, in the judgment of the trustees, it is safe and for the interest
of the

bank

to accept.

to Corporations in Maine.— Aggregate Unlimited.— To
any corporation having real estate and doing business in this State.
Deposits in Banks.—Aggregate Unlimited.— May deposit on call
n banks or banking associations incorporated under authority of this
State or the laws of the United States and receive interest thereon.

Loans

MEMORANDA.
A.

From Chapter 161, Public Laws 1895.
The term net municipal indebtedness

of counties, as used

in this section, shall be construed to include all bonds which are a
direct obligation of the county, less the amount of any sinking fund
available in the reduction of such debt
B.

The term net municipal indebtedness

of cities

and districts.

as used in this section, shall be construed to include in the case of
either not only all bonds which are a direct obligation of the cities, but
also all bonds of the districts or boards within the same, as above
enumerated, exclusive of any such debt created for a water supply
and of the amount of any sinking fund available in the reduction of
such debt.
C.
of inhabitants of cities and counties shall be
determined by the last previous official census thereof, as established
by the United States or State census or city or county census taken in
the same manner as United States or State census and duly certified
to by the clerk or treasurer of such city or the auditor or treasurer of

The number

such bounty.
D.
All investments shall be charged and entered on the books
of the bank at their cost to the bank or at par when a premium is paid.

E.

From Chapter

Note.— For places not given in alphabetical order among the following, see "Additional Statements' at end of this Stale.

47, Section 102, Revised Statutes.
No such bank or institution shall hold by way of investment or as security for loans, or both, more than one-fifth of the capital stock of

AROOSTOOK
County
seat

is

CO.- -L.

LOANS—

When Due.
Aug.

$19,000

1,

1919

. .

4^8, J&J, 228,000.. July 1,1915
Bonded debt Jan., 1901. .$789,000
Floating debt
28,500
1

AUBURN-:

I

!

is

in

4s,

H. WILSON, Mayor.
PHILOON, Treasurer.

J. S. P.

E. L.

Androscoggin County.

loans-

city

Trea?.

1, 1901.. .$817,500
Sinking fund
734,665
Net debt J an. 1,1901
82,835
Interest is payable in Boston.
Tax valuation 1900.
18,133,491
Assessment about h actual value.
St. & co. tax rate, 1900
608
Population in 1890 was
49,589
Populationin 1900 was
60,744

Court House—
June 1, 1915
4s, J&D, $40,000
Railroad Aid (B. & A. RR.).
4^s, M&S, $500,000.. Sept. 1, 1912

Auburn

Ludwig,

Total debt Jan.

Refunding Bonds—
4s, Aug.,

0.

Houlton.

When Due.
loanscity Water BondsJan. 1,1902 5s, J&J, $58,700
July 1,1905
July 2, 1903 4s, J&J, 30,000
May20. 1913
July 1,1904 Bonded debt, Mar. 1, '01 ..$218,f,00
July 1, 1905 Floating de^t
102,0(0
July 1,1906 Total debt March 1, IP 01 320.5C0
July 1, 1907 City water debt (addl)... 88,700
July 1,1909 Water sinking fund ...
75,000
July 1,1910 Water
Commissi ners'
July 1,1911
debt (not included)
226,000
Jan. 1,1912 Assessed valuation l c 00.6,580,316
July 1,1912 Tax rate (per M.) 1900...
2250
July 1, 1917 Population 1890 (Census) 11,250
July 1, 1920 Population 19C0 was
12,951
June 1,1923
Jan. 1,1925

When Due.

Bonds—

J&J, $15,000

4s,J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,

25,000
23,500
15,000
18,000
10,000
14,000
13,000
13,000
4s, J&J,
4,000
4s, J&J,
7,000
4s, J&J, 15,000
3H,s,J&J, 15,000
4s, J&J, 16,000
4s, J&J, 14,500

AUGUSTA— Samuel W.

Lane, Major.

Kennbec County.
When Due.
Refunding Bonds— Con.
LOANS—
Funding Bonds—
4s, F&A, $182,500.. Feb., '97-*17
6s,
1898-1905 Bonded debt July, 1900.. $333, 300
J&J, $74,500
3^8, M&S, 40,000... Sept. 1, 1924 Total valuation If 00.... 6,864 ,393
Refunding Bonds—
Tax rate (per M.) 1900
$23-00
Population in 1890 was.... 10,527
5s, F&A, $9,000.... Feb. 15, 1902
This city

is

in

Population in 1900 was.. 11,683
the 4 per cents payable at the
Maverick National Bank of Boston, and of other bonds at city Treasury.

INTEREST

and principal of

BANGOR.— H.
Bangor

(City) is in

all

0. Pierce, Treasurer

Penobscot County.

LOANS-

NAME AND PURPOSE.
City debt "A" 1892
do
"X"1894

.

—
M&N
M&N
J&J

Principal.Outstand'g.

Interest.

When Due.

P. Ct. Payable.

Water loan, "L," 1875
do
do
1899
Trustfunds

PAR VALUE OF BONDS,

4
4
6

Nov. 2, 1912
Nov. 1, 1914
July 1,1905

$50,000
100,000
500,000
3>3 J & J
July,'04-'10
70,000
206,691
The water bonds are for $500 and mul-

tiples; others, $1,000.

TAX EXEMPT—The bonds of

this city are not taxed.
payable either at the Merchants' National Bank in
Boston or by the City Treasurer in Bangor.

INTEREST

is

TOTAL DEBT, SINKING FUND, Etc-

Jan.

Total liabilities (Including water debt)
Water debt, included in above total
Trust funds, included in above total
Floating debt, included in above total

1,

1901.

$954,691
570,000
206,691
28,000

Jan.

1

,

1900.

$976,691
570,000
206,691
50,000

ASSESSED VALUATION.— Bangor's assessed valuation (about 4-5
actual value) and tax rate have been as follows:

—

—

Total
Rate of Tax
Valuation
per $1,000.
$15,057,433
$21 00
$4,500,667
22-50
1 4,409,534
4,071,158
25-00
14,146,567
4,095,170
13,956,996
1900
4,201,201
21-50
13.483,157
4,265,255
22-50
10,310,118
3,158,288
22-50
9.629.920
2,858.872
the population was 21,850; in 1890 It

Personal

Real

Proper/i/.

Estate

Tears.

$10,556,766
10,338,376
10,051,397
9,755,795
9,217,902
7,151,830
6,771.048

1900
1899
1898
1897
1895
1890
1887

POPULATION.-In WOO

was

19,103; in 1880

was

it

L6 ,856; in 1870

it

was 18,289.

R.

3

Is

Treasurer.

o. C.

County.

of

a shire

LOANS—

Interest.

<

NAME AND PURPOSE.

-P.

,

Payable.
J & J

Ct.

Principal.
WJien Due.
Outstaml'f/.

Feb. 1,1901.

Bonded debt

ETC.—

Feb.

1,'

00.

$626,700

Fe6.1,*99.

Feo.1,'98.

6,000

$642,450
26,500

$776,100
20,000

$632,700
144,800

$619,400

$668,950
249,800

$796,100
376,800

Floating debt

$619,400
Total debt
Assets (see below).... 244,800

$387,900
$419,150
$419,300
$374,600
Net debt
The assets as above given included on Feb. 1, 1901, bonds received
from the Penobscot Shore Line RR. Co. for lease of Knox & Lincoln RR.
and held for the redemption of the Knox & Lincoln bonds outstanding,
$240,000, and bonds and scrip of the Bath Gas & Electric Company to
the amount of $4,500. The value of city property not included in the
foregoing statement of assets

is

over $150,000.
.

Total

Tax

Real.
Persoyial.
Total.
per $1,000
$'24-50
$2,296,154
$5,974,109
$3,677,955
23-50
3,561,640
2,338,917
5,900,557
3,502.090
2,299,958
5,802,048
2350
22-50
3,503,010
2,376,340
5,879,350
2,925,770
3,102,594
6,028,364
2350
3,881,469
2,693,750
6,575,216
2500
POPULATION.— In 1900 was 10,477; in 1890 was 8,723.

Years.

1900
1899
1898
1897
1890
1880

This city

Clerk.

in

is

When Due. Tax valuation

LOANS-

Refunding Bonds—

$2,798,381

Assessment about actual value.
$17-50
4s, M&N, $113,000... Nov. 1,1925 Total tax (per M.) 1900
Subject to call after Nov. 1, 1905 Population 1890
5,294
4,615
4s, F&A, $477,500.. Aug. 15. 1918 Population in 1900 was
Total debt Mar. 1, 1901.. $590,500
Belfast owns $500,000 of Belfast & Moosehead Railroad stock, of
which 1,396 shares are preferred and 3,604 common.
INTEREST on the bonds is payable at Belfast and at the First
National Bank, Boston, Mass.

BIDDEFORD.— Carlos
This city

is

in

4s

Treasurer.

When Due. Bonded debt Feb. 1,1901 $240,000

,$25,000.. July I,
50,000.. Mayl5,
,
,
50,000. .May 1,
10,000.. Sept. 1,
10,000. July 1,
25,000. .May 1,
,
45,C00..July 1
25,000. .May 1,
,

4e,
4s,
4s,
4s,
4s,
4s,
4s,

Heard,

YorK County.

LOANS—

1901 Floating debt
117,800
1904 Total debt Feb. 1,1901.. 357,>-00
1905 Total valuation 1900
6," 69,044
1906 Assessment abt. 60% actual value.
1907 Tax rate (per $1,000) 1900.. $2500
1915 Population in 1890 was
14,443
1917 Population in 1900 was
16,145
1920

BRUNSWICK*.— John P. Winchell, Treasurer.
This town

is

in

Cumberland County.

LOANS—

When Due. Town debt Feb

J&J, $23,000

1901-1923

Town Hall Bonds—
48,

J&J, $28,000
Various loans
4s,

INTEREST

is

1901-1928
$21,200
payable in Boston

BUCKSPORT.-A. F
Hancock County.
This town

is

1,

1901

.

$72,200

Total valuation 1900... 3,536,391
Assessment about aotual value.
Tax rate (per $1,000) 1900.. $15-30
Population 1890
6,012
Population in 1900 was
6,806

SCHOOL BOND9—

U

00-1933 Total tax (per $1,000) 1900.$2650
J&J, $95,800.
Bond, debt Feb. 22, 1900..$95,800 Population in 1890 was
2,921
2b,005 Population in 1900 was
Floating debt
2,339
A certain amount of the above bonds becomes due each year to
July 1, 1903, after which date the bonds are payable at the pleasure
of the town until July 1, 1933.
INTEREST is payable at Boston, Mass., and at Bucksport.

This city

is

In

Kalish, Mayor-elect

Washington County,

LOANS—

When Due. Floating debt

$34,606
154,606
2,872,367
Optional after 1901
Assessment about H actual value.
July 1, 1915 Tax rate in 1900 (per M.)...$24 50
4s, J&J, $10,000
4s, F&A,
9,000
Feb. 1,1915 Population in 1890 was
7,290
Bond, debt Mar. 23, 1900. $120,000 Population in 1900 was
7,655
INTEREST on the loans due in 1911 is payable at the Globe National Bank of Boston other interest in Calais.

City Loans—

4s,

Total debt Mar. 23, 1900

J&D,$101,000

Tax valuation 1900

1911

M

HOULTON.— This town

Aroostook County.
1, 1901
$69,000
Sinking fund, cash, eto
15,154
School Bonds—
53,846
$2,000. Nov., 1901 to '03 Net debt Mar. 1,1901
4a, M&N,
School, Bridges, Town Imp. Bds. Assessed valuation, real. 1,474,327
Apr. 1,1917 Assess'd valuat'n, pers'l. 718,919
4s, A&O, $20,000
Total valuation 1900
2,193,246
Refunding Bonds—
Oct. 1,1918 Assessm't abo't 75 p. c. actual value.
4s, A&O, $10.000
3^8, J&D, 37.000. Dec. 15, 1920 Tax rate (per $1,000) 1900 $2250
4,015
Bonded debt Mar.l, 1901.. $67,000 Population in 1890 was
4,686
2,000 Population in 1900 was
Floating debt

LEWISTON.— T.

ELLSWORTH.
Hancock
This city

is

in

LOANS—
War Debt—

$28,000
13,300
*»
17,000
Outsfding notes

I

|

4s, ....
4s,

to the

Total debt Feb. 9, 1901.. $87,584
Uncollected taxes & cash. 34,465

Junel, 1917 Total valuation 1900
1.848,300
June 1, 1907 Tax rate (per $1,000) 1900. $2450
June 1, 1912 Population in 1890 was
4,804
orders.$29,284 Population In 1900 was
4.297
I

&

was annexed

Arthur W. Greeley, Mayor.

County.
When Due.

|

in

.

Callahan, Treasurer.

F.

This city is in Androscoggin County.
Railroad Aid Bonds—
When Due.
LOANS—
4s, J&J, $100,000
July, 1913
City Bonds—
July, 1923
J&J, $185,000. July 1, 1901 4s, J&J, 100,000
6s,
Bond, debt Mar. 1, 1901 $990,500
Refunding Bonds—
July 1, 1924 Floating debt
351,746
4s, J&J, $80,000
Jan. 1,1930 Total debt Mar. 1, 1901 1,342,246
4s, J&J, 51,000
Sinking fund
233,974
Water Bonds—
5s, A&O, $174,000.... Oct. 1, 1907 Tax valuation 1900.... 13,053,663
5s, A&O,
200,000. -Oct. 1, 1917 Assessm't abt. 75 p.o. actual value
Refund'g 4s, A&O, 100,000. 1927 Tax rate (per $1,000) 1900. $21-50
Population in 1890 was
21,701
Population in 1900 was
23,761
NTEREST is payable in Boston at the National Bank of Commerce.
The city property, valued at $1,419,739, includes stock of the Lewiston & Auburn Branch Railroad to the amount of $225,000, and the
water works, valued at $595,934. Bonds are not taxed.
.

.

|

PORTLAND.—

BOOTHBY,

Mayor.
H. LIBBY, Treasurer.
Portland (City) is in Cumberland County.
Of the debt of this city nearly one-half was incurred on account of the
Portland & Ogdensburg RR., whose stock the city holds to the amount
of $2,356,110. The railroad is leased for 999 years to the M aine Central
RR. Company at 2 per cent on stock, payable quarterly. This rental
aids the city considerably in meeting its interest charge.

LOANS—

F. E.

!

GEORGE

—

»
Interest.
Principal.
When Due. Outstand'g
P. Ct. Payable.
4
S Mch. 1, "
1913 g$75,000
-

NAME AND PURPOSE.
Funded, 1893
Funding, 1887...

c&r

,

>

M&
J&J
Subject to
4

call

M
M
M

July
July

1,
1,
1,
1,
1,
1,
1,

1912

727,000

1902.

Funding, 1894
4
&
Mch.
1914
g64.000
do
1896
Mar.
1916
4
&
48,000
Portland & Ogdensburg RR.
1907 1,200,000
6
&
Sept.
Refunding 1895
Mar.
1905 glOO.OOO
4g
do
1897
July
1912 g450,000
4
J &
Trust funds
4s<fc6s
104,416
Bonds matured, not presented for payment
2,000
City of Deeking Bonds- Annexed Feb. 6, 1899
When Due.
High School Bonds—
LOANS—
Town of Deering Bonds—
4s, $16,000
Feb. 1, 1913
4s, $6,750
Junel, 1907 4s, 20,000
May 1,1918
4s, 17,000
Feb. 1,1909 4s, 19,000
Ji'nel, 1919
4s, 5,000
Aug. 1,1910
Forest Ave. Bonds—
4s, 5,000
Sept. 1, 1910 4s, $15,000
Deo. 1, 1915
4s, 1,500
Oct. 1, 1910 4s, 17,000
Feb. 1,1919
4s, 2,500
Nov. 1,1911
Refunding Bonds—
4s. 1,500
Dec. 1, 1911 4s, $38,000
June 1, 1912
Sewer Bonds April 1,1917
4s, 11,500
4s, $20,000
June 1, 1917 4s, 6,000
Junel, 1918
INTEREST on all the issues except the registered bonds is viay. .

M&

e

ohants' National

Bank

M

in Portland.

TOTAL DEBT, SINKING FUND, Etc-

Mar. 1. 1901.
Total debt.
$2,979,366
Sinking fund and trust funds.. 1,700,569
$1,278,797

AVAILABLE ASSETS.— The

Apr. 1, 1900.
$2,992,198
1,669,115

Apr. 1, '99.
$2,998,083
1,615,176

$1,323,083

$1,382,907

amounting to
$1,669,115, include gas company stock, $170,000 and Portland & Ogdensburg Railway stock, $1,178,055.
ASSESSED VALUATION.—The city's assessed valuation (about 80
per cent of cash value) and the tax rate for a series of years have been:
Real
Personal
Total
Rate of Tax
city's available assets,

Estate.
Proper!)/.
Valuation, per $1,000.
$21-00
$31,502,000
$13,626,305
$45,128,305
21-00
*30,534,120
*13,499,302
44,033,422
1898
2100
26,448,850
12,659,700
39,108,550
20-80
1897
26,182,075
39.312,261
13,130,186
1895
24,974,900
20-0O
12,232,125
37,207,025
19-70
1890
23,184,400
35,611,990
12,427,590
1888
22,120,000
200O
32,702,405
11,952,405
* Includes city of Deering.
POPULATION.— In 1900 (Census) was 50,145; In 1890 it was 36,-

Tears.

1900
1899

425.

ROCKLAND.—Edwin Sprague, City Treasurer.
Knox County.
Bonds
This city is in
will hereafter be issued for

LOANS—

4s,

Bonds of this

city are not taxed.

refunding only.

When Due.
LOANS—
Refunding Bonds— (Con.)
J&J, $42,050... July 1,1911 3^8, J&J, $16,800. .July 1, 1915

Refunding Bonds—
.In February, 1899, this city
city of Portland.

is

When Due. Total debt Mar.

LOANS—

;

DEERING.

$11,057

Total debt Jan. 1, 1901.
81,057
Nov. 1, 1903 Sinking fund
10,742
4s, M&N, $5,000
70,315
($1,000 due yearly) to Nov. 1, 1907 N'etdebt Jan. 1,1901....
1893—
Tax valuation 1900
1,449,710
Refunding
4s, M&N, $15,000.Nov., 1908 to '22 Assessment same as actual value.
Total tax (per
1900 ....$1900
Bonds—
)
Water
3,181
4s, J&J, g., $50,000. .Jan. 1, 1918 Population 1890 was
Jan. 1,1901. $70,000 Population 1900 was
2,714
Bond. debt
The city owns property valued at $100,000.
INTEREST on the $5,000 4 per cent school bonds and refunding
bonds is payable in Boston and Hallowell.

Net debt

When Due. Total debt Feb. 22, 1900.$121,805
LOANS—
Refunding RR. Bonds—
Tax valuation 1900
977,903

CALAIS.— Brono

Kennebeo County.
When Due. Floating debt

School Bonds—

Page, Treasurer.

in

4s,

in

BENJ. TENNEY, Mayor.
TILDEN, Treasurer.

c. K.

.

Assessed Valuation.

BELFAST.— L. H. Murch,
Waldo County.

is

LOANS—

<

I

. .

ASSESSED VALUATION, TAX RATE, ETC.—
,

This city

—

.

July 1,1907
$100,000
4^
Municipal bonds
e
372,900
refunding. 4
J & J
do
J O^t. i901?'ll ^
1908-1978
14,000
6
J & J
Old Ladies' Home
Railroad Aid Bonds—
Feb. 1,1902
132,500
F & A
Knox & Lincoln RR.. 6
INTEREST on all the bonds is payable in Boston with the exception
of the interest on the Old Ladies' Home issue, which is payable in Bath.

TOTAL DEBT, SINKING FUND,

W

T-T A T T r^^XTVTT T
tL,L_J_,.
t± ALLCJ

.

PERCY, Mayor.
SAMUEL
DA 1 ri. — town ROGERS.
Sagadahoc
Bath
(

9

m/mme-gities awb towns.

April, 1901.

When Due.

.

Optional at any time.
3^8, J&J, $18,300.. .July 1, 1901
27.600. ..July 1, 1903
3*as. J&J.
3*28, J&J,
12,400. .July 1, 1904
3>«8, J&J,
14,400... July 1, 1905
3hns, J&J,
24.100... July 1,1906
3Hss, J&J,
13,000... July 1, 1907
3>«8, J&J,
28,000... July 1, 1908
3^s, J&J,
21,500.. .July 1, 1909
3»«8, J&J,
25,000... July 1,1910
13,000... July 1,1912
3»«8,J&J,
.

Lincoln RR. Loan—
F&A, $35.100
Feb. 1.1902

Knox

6s,

ct

is payable in Rockland.
Bond.debt Feb.11,1901. $291,250
Floating debt
142, I3t
Total debt Feb. 11,1901
433,384
Resources
69,707

Interest

NetdebtFeb.il,

1901..

363.67T

Assessed val., real
3,826.669
Assessed val., personal 1,322,212
Total valuation 1900... 5,148,881

:

-

STATE AND CITY SUfpiEMEWT,

10
Assessm't less than aotual value.

Tax rate

(per $1,000) 1900.. 22-00

SACO. — Charles
This city

is

in

LOANS—

Population in 1899 was
Population in 1900 was

I

|

Toions—
Vinalhaven,

paid in Boston.
Total debt Feb. 1, 1901.. $156,500
3,747,912
Tax valuation 1900
Assess't about H actual value.
Tax rate (per $1,000) 1900. $2000
6,075
Population in 1890 was
6,122
Population in 1900 was

General Expense-

Interest

As,

J&J, $16,000

1901

48,
4s,
4e,

J&J, $25,000
J&J, 30,000

.1917

Refunding Bonds—
1907

J&D, 34,500. .Deo., 1901 to '23
3 ias,M&N, 20,000... Nov., 1901-20

is

Wiscasset, Lincoln Co
Yarmouth, Cumberland Co
York, York Co
(T.)

New

I

$

I

j

WATERVILLE.-i

F.
F.

W. CLAIR, City

i

W

5

Westbrook

is

LOANS—

in

Dr JACOB

2

c.

-

L.

HORR,

M WATERHOUSE,
-

Mayor.
Treasurer.

Cumberland County.
When Due. Bonded debt Feb, 1901.. $129,500

City Bonds—
4s, ....,$4,500

4s,'J&D,15,000

36,680
166,180
1, 1901.
3,233,245
Tax valuation, real
Tax valuation, personal. 537,280
Total valuation 1900 ...3,770,525

Floating debt
Total debt Feb.

1902 to 1903
June 20, 1911

Refunding Bonds—
J&D, $15,000.... Deo.

1905
A&O, 20,000.... April 1,1907 Assessment is abt. 65% actual val.
1909 Total tax rate (per M) 1900.$1950
2,000
48
6,632
Jan. 5, 1910 Population in 1890 was
4,000
4s, J&J,
7,283
Jan. 1, 1915 Population in 1900 was
4s, J&J, 25,000
Jan. 1,1917
4s, J&J, 20,000
June 1, 1918
48, J&D, 24,000
INTEREST on the refunding bonds is payable in Boston, Mass.; on
all other bonds at Portland, Me.
4s,
4s,

10,

,

I

ADDITIONAL STATEMENTS.
Debt.

Valuation.

$
$
10,000
330, 400
50,200 28.649.843
569,721
71,059
10,055
393,359
16.676
946,197
40,066
861,807

Albion, Kennebec Co

Androscoggin County
Anson, Somerset Co
Benton, Kennebec Co
Berwick, York Co
Boothbay Harbor, Lincoln Co
15,226
135,458
Bremen, Lincoln Co
44,500 1,584,670
Brewer. Penobscot Co
19,600 1,265,586
Bridgton(T), Cumberland Co
16,640
332,401
Brownville, Piscataquis Co
13,000
193,295
Burnham, Waldo Co
2"?,700 1,825,538
Camden (T.). Knox Co
35.784
3 42,165
Canton, Oxford Co
542,570
Cape Elizaoeth, Cumberland Co. 12,000
36,000 1,254,400
Caribou, Aroostook Co
14,000
466,245
China, Kennebec Co
20,800
691,030
Cumberland, Cumberland Co
48,000 72,860,*6t
Cumberland County
412,217
31,766
Damariscotta, Lincoln Co
67,496 2,620,511
Eastport, Washington Co
114,000 3,436,999
Eden. Hancock Co
276,469
22,000
Embden Somerset Co
Somerset Co
43,359 1,281, H00
Fairfield (T.),
Fort Fairfield (T), Aroostook Co. 25,1 60 1,061,510
40,000
590,045
Foxcrof t, Piscataquis Co
Freeport (T.), Cumberland Co.... 25.000 1,094.862
14,000
786,752
Fryeburg, Oxford Co
83,328 3,530,286
Gardiner, Kennebec Co
19,609
206,080
Georgetown, Sagadahoc Co
24,000
386,207
Hartland, Somerset Co
20,869 1,535,0-9
Jay, Franklin Co
30,000 31,435,595
Kennebec Co
34,809 2,098,795
Kennebunk, York Co
25,000 1,192,140
Kennebunkport, York Co
10,752
149,538
Kingman, Penobscot Co
,

—

Co

14,123
11,832
21,000
Mount Desert, Hancock Co
22,363
Newport, Penobscot Co
14,505
New Sharon, Franklin Col
42,467
Norridgewock, Somerset Co
18,147
Oakland, Kennebec Co
29,500
Old Orchard, York Co
Old Town (City) Penobscot Co... 76,525
23,335
Orono, Penobscot Co
15,000
Patten, Penobscot Co
10,559
Phillips (T.), Franklin Co
14,365
Phimtsburg, Sagadahoc Co
19,175
Pittsfleld(T.), Somerset Co
Aroostook Co... 25,000
Presque Isle (T ),
14,850
Rockport. Knox Co
51,930
Rumford (T.) Oxford Co
17,653
Scarborough, Cumberland Co
16,357
Skowhegan (T.), SomorsetCo
31,000
Somerville, Lincoln Co
South Portland, Cumberland Co. 72,610
22,901
Thomaston (T.). Knox Co
13,210
Topsham, Sagadahoc Co
21,731
Turner, Androscoggin Co
26,817
Union, Knox Co
14,011
Vassalboro, Kennebec Co
Milo, Piscataquis

Monson, Piscataquis Co

377,118
214,330
844,625
479,132
364,451
549,044
804,266
943,004
1,524,592

794,829
404,476
505,^30
385,080
1,044,905
1,253,635
1,057,416
1,660,830

878.342
2,991,955
51,934
2.606,1.0
1,200,125

831,516
647,600
489,624
922,124

2300
15-70
19 00

DEBT, RESOUKCES, Etc
Admitted as a State

...

...

One

of Original Thirteen

Total area of State (square miles)
9,305
Concord
State Capital
Governor (term expires 1st Wed. Jan., 1903), Chester B. Jordan
Secretary of State j Chosen by Legislature; Edw. N. Pearson
term expires Jan., 1903. ) Solon A. Carter
Treasurer - {
Legislature meets biennially in odd years on the first Wednesday in January, and length of session is not limited.

H ISTORY OF DEBT.- New Hampshire's debt history is very brief.
This State has always been extremely conservative, and no bonds were
issued until after the breaking out of the Civil War. In 1866 New
Hampshire reported her funded indebtedness at $4,169,818, contracted exclusively for war purposes. June 1, 1869, the total outstanding was $3,213,962 22, against which the Treasurer reported
an asset of $77,082 89. The situation of the State debt now is as bel >w:

LOANS

Rate.

lation.

$
18 00

—Interest.

NAME AND PURPOSE.
Agricultural College 1893.
Library bonds of 1891....
Do
do
1893....
Municipal War loan
do (overdue)
do

—

.

—Principal.

,

When Due.

Payable.

.01.

J
J
J
J

4
4
4
6

<s

J

July

1,

1913

& J July 1, 1911
& J July 1, 1913
T
& J 5 Jan.l,'02tol905)
I $150,000 yearly. \

-

.

Outstand'g.

$135,000
175,000
75,000
ann nnn
600 00 <>
9,800
.

Loan

....
500
of 1873 (overdue)
Trustlunds
4&6
759,77106
Of the trust funds held June 1, 1900, $80,000 bear 6 percent interest
and $677,807 35 bear4p.c. interest, no interest being paidon$l,963 71.
PAR VALUE OF BONDS.—The bonds of this State are in $500
and $1,000 pieces.
INTEREST is payable at the Commonwealth Bank of Boston and at

State Treasurer's

In the table following we give statistics regarding all minor civil
divisions in the State of Maine which have an indebtedness of over
$10,000, and which are not represented among the foregoing detailed
reports. We also give the population according to the Census of 1900,
Assessed
Tax
Total
Popu-

Towns—

2000
14-80

1900.
2,358
3,145
2,277
1,273
2,274
2,668

)

Clerk.

AUGUST KNAUFF, Treasurer.

This city is in Kennebec County.
July 1, 1901 Total debt Feb. 1, 1901.. $260,415
4s
, $50,000
38,877
30,000... Sept. 1901-'03 Assets
4s,
70,000.Feb. 1, 1904 '10 Assessed val'tion 1900.-4,971,812
4s,
about 23 actual value.
Dec. 1, 1909 Assessment
25,000
48
35,00>>. ...Dec. 1,1927 Tax rate (per $1,000) 1900. $2150
,
4s
7,107
20.000 Sept.l, 1924*25 Population 1890
3^8,
9,477
Bonded debt Feb. 1, 1901.$230,000 Population 1900 was
30,415
Floating debt

xTTrc-rDDnnTZ —
.to 1 tSr-l.tJ'vJirV.

$
c

Hampshire.

|

|

24

ITS

CO.— W. M. Nash, Co. Treas
WASHINGTONand
The county owns
Machias
County

5,000 shares
Calais.
scats are
(par value $500,000) preferred stock of the Washington Co. RR.
When Due. Bond, debt, Jan. 1. 1901. $500,000
LOANSTax valuation 1900... $13.734, 455
Wash Co. RR. Bonds—
Jan. 1, 1916 State & co. (per $1,000) '99 $6-12
4s, J&J, $25,000
Jan. 1, 1928 Population in 1890 was.... 44,482
4s, J&J, 475,000
(Subject to call after Jan. 1, 1923) Population in 1900 was. ...45,232
INTEREST is payable at the Boylston National Bank of Boston.

Population.

Town.

1909

J&J, $15,000

Tax
Bate.

591,487
13,914
878,106
39,669
14,200 1,917.040
454,044
19 ,000
45,000 1,255,045
20,000 1,605,882

Waldoborough, Lincoln Co
Winslow, Kennebec Co

Sewek Bonds—

4s,

Knox Co

A ssessed
Valuation.

$

8,150

York County. The bonds of this city are not taxed
$16,000
When Due. Outstanding notes

LXXII

Total
Debt.

8 > 1 7*

Bachelder, Treasurer

L.

Vol.

office.

TOTAL DEBT.— The

net debt on June 1, 1900, was $1,118,798 94.
The subjoined statement shows New Hampshire's total debt on the
dates named. Assets June 1, 1900, were $793,994 05 floating debt,
;

$7,721 93.
Junel.'OO. June 1, '99. June 1, '98. June 1, '97.
Total funded debt. ...$1,145,300 $1,289,800 $1,436,800 $1,586,800
Trust funds
759,771
734,749
699,843
676,505

1900.

35 00
17-20
16-00
16-30

3000
2200
1650
18-00

878
54,242
1,830
1,097
2,280
1,926

657
4,83 5
2,868
1,570

2400

766

19-50
28-00
13 90

2,825

2300

4,758
1,380
1,404
100,689

18-00
14-00

946
887

2200
2500

5,311

29-50

4,379

2200
1850
2500
23-50
16 50

1300
16-50

2500
2000
12 00

876

567
3,878
4,181
1,629
2,339
1,376
5,501

799
1,115
2,758

3-87^59,117
15-60
17-00
37-00
18-00
37-40
^2-00
28-00

2050
2500
24-00
2 200
30-00

2300
20-00
23 00
20-50
25-00
24-40
17-50

1850
13-30
15-40

4300
1780
2100
1510
17-50
18-50
13-90

3,228
2,123

936
1,150
1,116
1.600
1,533

946
1,495
1,913

964
5,763
3,257
1,172
1,399
1,254
2,891
3,804
2,314
3,770
1.865
5,180

374
6,287
2,688
2,097
1,842
1,248
2,062

Totaldebt

$1,905,071

$2,024,549

$2,136,643

$2,263,305

ASSESSED VALUATION.—The State's total assessed valuation

(in-

cluding taxable savings, bank savings and insurance capital) has been
as follows:
Valuation. Tears.
Tears.
Valuation.
1900
not tabulated
$295,562,474 1895
1899
277,024,165 1894
$269,683,779
1898
252.490,075 1893
274,816,342
1897
255,742,099 1890
250,530,530
1896
259,116,800 1885
218.122,554
CONSTITUTIONAL CONVENTION.-At the November (1900)
election, it was voted to hold a convention to revise the State Constitution. The convention for this purpose will convene in the fall of
1902.
DEBT LIMITATION.—There Is no restriction in the Constitution
of New Hampshire upon the debt-making power of the people through
the " General Court," except the following, which is the last clause of
Article 5 of Part Second of that instrument.
Provided, That the General Court shall not authorize any town to
loan or give its money or credit directly or indirectly for the benefit of
any corporation having for its object a dividend of profits or in any
way aid the same by taking its stocks or bonds.
The above is an amendment to the Constitution, which was ratified in
1877. The amendment would appear to be intended as a complete
estoppel to municipal loaning of money or credit to railroad and industrial corporations. It is to be noticed, however, that by its terms the
restriction does not specifically montion "cities," the words being

" any town."

is the " Municipal Bond Act of 1895."
matter of issuing bonds what a municipal corporation
may do, what it must do, and what it cannot do. This law was given
in full on pages 10 and 11 of our State and City Supplement for

In addition to the foregoing

It tells in the

October, 1900.

POPULATION OF STATE.— Since 1800 the total population has
been as follows.
411,588 1860
1900
244,022
326,073 1820
376,530 1850
1890
214,460
317,976 1810
346,991 1840
1880
284,574 1800
183,858
318.300 1830
1870
141.885
269,328 1790...
In 1870-80 increase was 28,691, or 901 per cent; in 1880-90, 29,539,
or 8-51 per cent, and in 1S90 00, 35,058, or 9-31 per cent.
SAVINGS BANKS' INVESTMENTS-PRIVILEGES AND RESTRICTIONS.—The savings bank investment laws of New Hampshire were completely revised and materially altered in many respeots
at the Legislative session of 1901. The new law was approved by the
Governor March 22, 1901, and went into effect on its passage. Its
provisions are as follows:

AN ACT.

To Regulate and Limit the investments of Savisgs Banks.
Be it enacted by the Senate and House of Representatives in General
Oourl convened :
Section 1. On and after the passage of this Act, savings banks and
savings departments of banking and trust companies shall make investment of their funds in the following classes of securities only
1st. In notes secured by first mortgage of real estate situated in
New Hampshire, but not over seventy per cent of the value of the
property covered shall be so loaned, and not exceeding seventy per
cent of the deposits shall be so invested.

.

NEW tt^MfSttlW-CITIES

April, 1901,

first mortgage of real estate situated outoccupied, and
side of New Hampshire which is at the time improved,
productive, hut not over 50 per cei-t of the value of the property
covered shall he so loaned, and not exceeding 25 per cent of the de-

2d

In notes secured by

posits shall he so invested.

m

which the bank is at liberty to
3d In notes secured by collateral
the note.
invest of a value at) least 10 per cent in excess of the face of

The amount of any one class of securities so taken as collateral, added
exceed the total
to that which the bank may own at the time, shall not

ot the
limit of that class of security, hut not exceeding 2o per ceut
deposits shall be so invested.
4th In notes secured by collateral securities which are dealt in on
Exch inge price
the Stock Exchanges of Eoston and New York, the Stock
which shall at 'all times be at least 10 per cent in excess of the face
of
2o per cent of
of the note, while held by the Dank, but not exceeding
of the deposits shall be so invested.
5th In notes of individuals or corporations with two or more
of
signers or one or more indorsers, but not exceeding five per cent
corporation in this
the deposits shall he loaned any one person or
deposits shall
class of security, and not exceeding 25 per cent of the
.
.
.,
be so invested.
6th In the public funds of the United States, or those for which the
to provide for the payment of the
faith 'of the United States is pledged
interest and principal.
city, town,
7th. In the bonds or notes of this State, or of any county,
precinct, or district of this State.
8th In the authorized bonds or notes ot any State or Territory of
the United states, and in the bonds or notes of any city of the States
or New
of Maine, Vermont. Massachusetts, Rhode Island, Connecticut,
York whose net indebtedness does not exceed five per cent of the last
preceding {valuation of the property therein for taxation, or of any
net indebtedness does not exceed
t ounty or own in said States whose
.
, ..
three rer cent of such valuation.
9th. In the authorized bonds of any county, city, town, school disor other municipal corporation of any other of the United States
trict
or Territories whose net indebtedness at the. time of such investment
does not exceed 5 per cent of the last preceding valuation of the property therein for taxation; and in the authorized bonds of any city
of 100 000 inhabitants of any of said States whose net indebtedness
does not exceed 7 per cent of the last preceding valuation of the
property therein for taxation The term "net indebtedness" shall be
construed to denote the indebtedness of any city, town, or other
municipal corporation, omitting the debt created for supplying the
inhabitants with water and deducting the amount of any sinking fund
available for the payment of the municipal indebtedness. Provided,
however, that such bonds shall not have been issued in aid of railroads or
for special assessment purposes. Provided, at-to. that the bonds of
any county, city, or town, of less than 10,000 inhabitants, or of any
school district or other municipal corporation of less than 2,000 inhabitants in any State or Territory other than those named in paragraph 8 of section 1 of this Act shall not be authorized investments
.

,

.

.

Provided, fw tfter, that such bonds are issued by municipalities that
are permitted by law to levy taxes sufficient to pay the interest and
to provide sinking funds for their debt; otherwise such bonds shall not
be aulhorized investments. And providtd, 'urther, that the bonds of
sny sc ch county, city, town, school district, or other municipal corporation of any State or Territory, except in the States named in paragraph 8
of section 1 of this Act, which does not have a constitutional provision
limiting the indebtedness of counties, cities, towns, school districts, or
other mimic pal corporations therein shall not be legal investments;
but not exceeding 50 per cent of the deposits shall be so invested.
10th. In the bonds or notes of any railroad company, except street
railways, incorporated under the laws of this State, whose road is
located wholly or in part in the same, but not exceeding 25 per cent
of the deposits shall be so invested.
11th. In the bonds of any railroad company, except street railways, incorporated under the authority of any of the New England
States whose road is located wholly or in part in the same, and which
is in possession of and operating its own road, and has earned and paid
regular dividends for the two years next preceding such investment,
or in the bonds guaranteed or assumed by such railroad company, but
not exceeding twenty-live per cent of the deposits shall be so invested.
12th. In the bonds of any railroad company, except street railways,
incorporated under the authority of any of the United States or Terripossession of and operating its own road, and has
tories, which is
earned and paid regular dividends of not less than four per cent per
annum on its capital stock for the three years next preceding such investment; provided such capital stocfc on which it earns and pays
dividends equals in amount one-third of the entire bonded indebtedness of said road; or in the bonds guaranteed or assumed by such
railroad but not exceeding twenty-rtve per cent of the deposits shall
be so invested.
13th. In the first mortgage bonds of corporations of this State, except street railways, located and doing business therein, whose net indebtedness at the time of such investment does not exceed its capital
stock actually ppid in and remaining unimpaired, but uotexceding ten
per cent of the deposits shall be so invested.
14th. In the bonds of street railway corporations Incorporated under
the laws of this State and located wholly or In part in the same; and in
the bonds of street railway corporations located wholly or in part in
cities of 30,000 inhabitants or more, in any of the other New England
States; and in the bonds of street railway corporations located wholly
or in part in cities of 5<>,0l)0 inhabitants, or more, in any of the United
States, when the net indebtedness of such street railway corporations
does not exceed the capital stock actually paid in and remaining unimpaired at the time of such investment, and that has earned and paid
regular dividends of not less than four per cent per annum on its capital stock for five years next preceding such investment; but not exceeding ten per cent of the deposits shall he so invested.
15th. In the bonds of telephone, telegraph, or express companies
doing business in the United States or Territories, provided the total
indebtedness of such company does not exceed its capital actually
paid in and remaining unimpaired, and provided such company has
earned and paid regular dividends of at least four per cent per annum
upon its capital stock or shares for five years previous to such investment, but not exceeding ten per cent of the deposits shall be so invested.
16th. In the capital stock of any banking or trust company incorporated under the laws of this State and doing business therein, but the
amount of such stock held by any savings bank as an investment and
as collateral for loans shall not exceed one-tenth of the total capital
stock of such banking or trust company, and not exceeding ten per
cent of the deposits shall be so invested.
17th. In the stock of any national bank or trust company in the New
England States and in the State of New York, but the amount of
such stock held by any savings bank as an Investment and as collateral for loan* shall not exceed one-tenth of the total capital stock
of such national bank or trust company, and not exceeding ten per
cent of the deposits shall be so invested.
18th. In the stock of any railroad corporation, exclusive of street
railways, located in any part of the United States or Territories, that
has earned and paid regular dividends of not less than four per cent
per annum on its capital si ock for five years next preceding such investment; provided, such capital stock on which it pays dividends equals
in amount one-third of the entire bonded indebtedness of said corporation; or in the stock of any other railroad corporation in the New
England States whose railroad and railroad property are leased to
such railroad upon an annual rental of not less than four per cent per
annum upon the capital stock of the leased railroad; provided, said
leased railroad shall have earned dividends of not less than three per
cent upon its capital stock for a period of three years Immediately

m

;

11

TOWNS,

/*N£

preceding said lease; but not exceeding twenty-five per cent of the
deposits shall be so invested.
19th. In the stock of any manufacturing company in the New England States that has paid regular dividends on its capital stock for five
years previous to such investment, and whose net indebtedness does
not exceed the amount of its capital stock fully paid in: but not exceeding ten per cent of the deposits shall be so invested.
20th. In the stock of anv pailor car or sleeping car company incor
porated and doing business In the United States, and whose cars are
in actual use upon any railroad whose stock is a legal investment for
New Hampshire savings banks, and that has earned and paid regular
dividends of not less than four per cent per annum on its capital stock
fur live years next preceding such investment; but not exceeding five
per cent of the deposits shall be so invested.
21st. In laud and buildings suitable and actually used by it in part
for its banking-room, the total cost of which shall not exceed 10 per
cent of its deposits.
Sec. 2. Any savings bank may hold and lease real estate acquired by
foreclosure of mortgages owned by the bank; but all taxes, foreclosure
expenses, and cost of maintenance shall be paid out of the income of
or subject to check, shall be made in
trust company incorporated under the
laws of this State or Massachusetts, or in some national bank located
in the New England States, or in the cities of New Y'ork or Philadelphia.
Sec 4. The special deposits or guaranty fund of a guaranty savings
bank shall not be included in the amount of deposits on which the
percentage of any investment is reckoned.

Sec.

Deposits of cash on

3.

call,

some authorized banking or

Counties and Towns

Cities,

IN

THE

STATE OF NEW HAMPSHIEE.
—

Note. For debts of minor civil divisions not found among the statt
ments given below, see "Additional Statements" at end of this Stale.

BELKNAP
County
seat

is

CO.— Stephen

B. Cole, Treas'r.

Laconia.

When Due. Bonded debt Jan., 1901. $50,000
LOANS—
Assessed valuation '00.. 9,432,174
Court House Bonds 1893—
July 1, 1913 Assessment about 23 actual value.
J &.J $30,000
Population in 1890 was
20,321
r.EFUNDiNG Bonds—
Jan. 1, 1915 Population 1900 (Census).. 19,526
4s, J&J. $20.000
Interest payable at Nat'l Banu of
4s,

.

the Republic, Boston, Mass.

BERLIN.— A.
This city

is

in

H. Eastman, Treasurer.

Coos County.

LOANS—

When Due.

I

School Bonds—
1901-1908

$8,000

4s,

($1,000 yearly.)

Improvement Bonds—
414s,

1913

$70,000

Funding Bonds—
1917

Total debt Feb. 15, 1901.$127,C00

$38,160
165,160
35,725
129,435

Sinking fund
Net debt Feb. 15,1901...
Assessed valuation, '00.-2,989,943

^ actual value.
$25 00
rate (per M.) 1900

Assessment

Tax

$50,000

4s,

1

Floating debt
Total debt Feb. 15, 1901.

Population 1890 was
Population 1900 (Census)

..

3,729
8,886

CLAREMONT. —

This town is in Sullivan County.
When Due. Total debt Feb. 15, 1900. $170,751

loans-

18,231
Sinking fund assets
1901 Net debt Feb. 15, 1900... 152,520
1916 Total assessment 190O..3,256,834
4,400,000
Actual value (about)
Refunding Bonds—
Jan. 1, 1909 Tax rate (per $1,000) 1900. $20 00
4s, J&J, $25,000
5,565
Apr. 1,1914 Population in 1890 was
4s, J&J, 50,000
Bond debt Feb. 15, 1900. $140,< 00 Population 1900 (Census)... 6,498

town Hall Bonds.

,$40,000
($2,500 due yearly) to

4s,

30,751
payable at Claremont, or at the National Bank of
Redemption, Boston.
Floating debt

INTEREST

is

*"•/"» t\.T/-r-»T-> r*v

OCJJNOtJi-tiJ.

MORRIS.
JAMES
— JaLVIN H.and county
CROSS,

Auditor.
Treasurer.

5

B.

seat of Merrimack
the
Concord is the capital of the State
County. Its water works more than take care of the interest on the
water bonds.
Water Prec'ct Bonds (Con.)
When Due.
LOANS4s, J&J. $400,000.... Jan. 1,1923
Bridge Bonds—
10.000
4s, J&J, $20,000. July 1, '04 to '07 ;-s. ..
,

Refunding Water Bonds—

($5,000 due yearly.)

*Police Station Bonds—
July 1,1903
J&J, $17,000
'Public Park Bonds—
3^8, J&D. $25,000... June 1, 1914
4s,

3s,
3s.

M&N,
M&N,

**10,00O...Nov.
*5. 000... Nov.

1920
1,1921
1,

'Widening Pleasant St. Ex.—
June 1,1905
I&D $13,800
IUnion School Dist. Bonds—
Sewek Bonds—
July 1,1901
4s,
J&J, *$12,000... July 1,1904 4s, J&J, $30,000
3^8, J&D, 25,000... June 1,1914 ($15,00Oduey'rly)toJuly 1,1902
Penacook Sewer Bonds—
3*38. J&D,
9,000... Deo. 1,1914
Aug. 1,1903
25,000... July 1,1917 4s, F&A, $5,000
3*28, J&J,
Aug. 1,1908
4s, F&A, 6,000
3,000
3s,
May 1,1913
4s, M&N, '5,000
Water Precinct Bonds—
Subject to call after May 1,1908
$20,000. Mch. 1, 1922
3138, M&S,
4s,

,

90,000.Jan.,'02to'll
J&J,
($10,000 due yearly to 1909 and

4s,

4s,
4s,

4s,

J&J, $3,000. July 1, '14 to '19
($500 due yearly.)
. .

West Concord Sewer Prec't—
A&O, $17,000. Oct., 1902 to '12
East Concord Sewer Prec'ct—

$.\000 in 1910 and 1911.)
$70,000.. Jan.,'13 to '19
($10,000 due yearly.)

4s,

A&O,

4s,

J&J,

$45,000.... Oct.

1,1912

J&J, $2,000... 1900-'05-'10-'15

Bonded debt Jan. 1,1901. $836,800
'Exempt from tax when owned by Concord residents. Coupon bonds
EXPLANATORY OF BONDS.—The Penacook sewer bonds were
1

Issued on the city's credit for the Penacook sewer district, the interest
and principal being payable from a special tax on that district. The
school district bonds were issued under a special act of the State Legislature. The school districts have by their votes and by their agents
bound themselves to repay the city all sums expended on account of
the principal or interest of these bonds.
INTEREST Is paid at city treasury and in Boston.
—The city valued its buildings and ether propCITY
erty on January 1, 1900, at $226,443, and besides this has water
works valued at $815,027 which are the property of the "precinct."

PROPERTY

ASSESSED VALUATION, TAX RATE, EtcTotal Assessed

Valuation.

1900
1899
1898
1897
1896
1890
1880

POPULATION —In
17,004

;

in 1880

it

Tax.

$11,220,215
11,218,886
11,178,244
11,200,690
11,228,515
10,243,857
10,150.586

Tears.

Bate of Tax
per $1,000.

$
220,704
222,333
233,762
260,589
176,081
172,831

ISOO (Census) was 19,632; in 1890
in 1870 it was 12.241.

wa& 13.843

;

$2070
200O
2000
21-20

2400
1760
It

was

i

.

8W£ m®

12

city suf fitwtm*

ARTHUR G. WHITTEMO RE, Mayor.
nr\XAtTD
AJUV H.rt. — )WM. K. CHAD WICK, Treasurer.

LOANS-

5

This city

Refunding Loans—

1901. $321,000
. .

City Hall Bonds—

A&O, $48,000. .Apr. 1, '06-'09
A&O, 22,000.. Apr. VIO-'ll
A&O, 111,000. ...Apr. 1, 1912
Funding and Bridge Bonds—

4s,
4s,
48,
Jr*

1.

309,500
Water debt (additional)
Assessed valuation, real.5,820,623
Ass'd valuat'n, personal.2,534,742
Total valuation 1900 ...8,355,365
Assessment about *„ actual value.
$20*00
Tax rate (perM.) 1900
12,790
Population 1890
Population 1900 (Census) ..13,207

48, J&J, $50,000.. July 1, 1901-'05

J&J, $80,000. .July

4s,

5s,

When Due. Bonded debt Jan.

1,

190l-'16

Water loan notes 414s. .$309,500
J N T E R EST on refunding loan and city hall bonds payable at Boston.
city has assets, including -water-works,

to the value of $431,384.

3^s,A&O.100.000... April

W. Barker,

is

in

—

5
J

RUFUS

BURLEIGH, Mayor
FRANK PROCTOR, Treasurer.
G.

4s,
4s,

$646

162,646
11,495
1,1917
Net debt Jan! "i 1 901
151,151
Apr. 1,1916 Tax valuation 1900.... 2,663,171
4s, A&O, $80,000
Subject to call after Apr. 1, 1901 Assessment about % actual value.
Tax rate (per $1,000) 1900. $1850
4fl, A&O, $12,000.... Apr. 1, 1914
Population in 1890 was
4,085
Refunding Bonds—
3»28, F&A., $40,000. Aug., '02'09 Population in 1900 (Census). 5,846
Bonded debt Jan. 1, 1901.$162,000
INTEREST payable at First Nat. Bank, Boston or Treasurer's office
Total debt Jan.1,1901..
,"

ingston, Treasurer.

County seat

'.

is

Liv-

C.

Nashua.

When Due. Bonded debt Jan.,

1901. .$312,000
Floating debt Jan., 1901..
25,174
Total debt Jan., 1901.... 337,174
Sink, fund & cash assets..
37,651
Net debt Jan. 1, 1901 ... 299,523
Tax valuation 1900. ...63,538,488
Populationin 1890 was
93,247
Population 1900 (Census). 112,640

Building Bonds—
4s, June, $40,000.... June 1, 1921
4s, March, $120,000.. March, 1915

Funding Bonds 1894—

Jan. 1, 1914
Optional after Jan. 1, 1894

J&J, $117,000

Refunding Bonds—

Sept.

1910

< FRANCIS A. PERRY, Mayor.
T ,-, tt- tvT t-,
iV-H-Hii-NX-i.
I FRANK H. WHITCOMB, City Clerk.
This city is the county seat of Cheshire County.
Water Bonds— (Con )—
When Due.
LOANS—
3*28, J&J, 30,000
Railroad Aid Bonds—
Jan. 1,1911
July 1, 1901
($10,000 yearlv) to Jan. 1,1913
4e, J&J, $45,000
($15,000 yearly) to July 1, 1903 Bonded debt Jan.1,1901 207,000
July 1, 1904 Floating debt
14,544
4s, J&J, $10,000,
Total debt Jan. 1, 1901.
221,544
Sewer Bonds—
July 1, 1905 Sinking fund and cash.
35,378
4s, J&J, $60,000
185,166
($15,000 yearly) to July 1, 1908 Net debt Jan. 1. 1901..
July 1,1909 Water debt (included)..
82,000
4s, J&J, $10,000
Assessed valuation, '00. 6,305,182
Water Bonds—
Oct. 1,1913 Tax rate (per M.) 1900
1400
4s, A&O, $5,000
Oct. 1,1914 Population 1890 was....
7,446
4s, A&O, 40,000
($10,000 yearly) to Oct. 1, 1917 Population 1900 (Census) ...9,165
Jan. 1,1910
3-^8, J&J, $7,000
INTEREST on all issues is payable at the City Treasury, and on the
water 4 per cents also in Boston.
CITY PROPERTY.— The city owns its water works, valued on
January 1, 1901, at $200,000, and other property to the amount of
$110,470. Water works are more than self supporting, the net income
for 1900 being $23,499 72. The railroad loans were a gratuity to the
Manchester & Keene RR., and are not offset by any railroad securities
in the hands of the city.

r

—

.

LACONIA.-J.
Laconia

(City) is in

G. Trask, Clerk.

Belknap County.

When Due. Total debt

LOANS—

Feb. 15, 1900. $255,173
Available assets
22,995
Net debt Feb. 15, 1900.. 232,178
Tax valuation 1900
4,500,784
Tot'ltax (per M.) 1900...
21*50
Population in 1890 was
6,143
Population 1900 (Census) ...8,042

Sewkr and Funding Bonds—
4s,
4a,

J&J, $65,000

A&O, $139,000
Coupon notes, 3^8

$10,000

Intercut payable at Boston.

Bonded debt

I'd). 15,1900.$2

Floating debt

LEBANON.— H
Grafton
This town
in

is

14,000
41,173

P.

Goodrich Selectman

County.

K/TA TS.Ti^TJTT'C'-r-prT?
JYLAJNOrlrLO 1 £L,r\.
This city is

Net debt Feb.

15, 1901..

•Bridge

—

i

Bonds—

4b, J&J. $60,000
4s, J&J, 30,000

J&J,

Feb. 1,1901. Jan.l, 1900. Jan.l,*99. Jan. 1, '98.
Total bonded debt
$1,885,000 $1,920,000 $1,855,000 $1,890,000
Water debt (incl. above).
900,000
900,000
900,000
900,000
Sinking fund Feb. 1, 1901, $290,994 28, and the floating debt on the
same date, $33,000.
VALUATION,
DEBT, Etc.—The assessed valuation (about
70 per cent of cash value) and the tax rate have been as follows
Assessed Valuation.
Tax Rate
Personal.
Total.
Real
per $1,000.

TOTAL

1900
1899
1898
1897
1896
1890
1880

$26,033,838
25,595,943
26,265,034
25,831,832
25,031,116
19,884,300

$6,672,959
5,895,841
4,723,454
4,655,114
4,412,552
4,206,300

$32,706,794
31,491,784
30,988,488
30,486,946
29,443,668
24,090,650
17,735,990

$1900
1950
19*50

2080
18*60

1910

POPULATION.—In 1900 population
it

was 44,126;

in

1880

was

it

(Census) was 56,987; in 1890
32,630; in 1870 it was 23,536.

MEREDITH FIRE

DIST.— A.S.CLOUGH.Sec

in Belknap County.

is

Interest

is

payable In Boston.

When Due. Bonded debt Feb. 1, 1901. $44,500
Water Bonds 1893—
Tax valuation 1900
291,171

J&J, $40,000.. July, 1923-'26 Assessment about ^ actual value.
1902-1910 Tax rate (per $1,000) 1900. $30*80
A&O, 4,500
Population 1895 (about)
($500 yearly from Oct., 1902.)
1,000

4^28,
4i29,

MERRIMACK CO.—Frank L. GERRisH,Treas.
County seat

is

Concord.

LOANS—

When Due.

Funding Bonds—
4s,
4s,

When Due.
July 1, 1911
July 1,1901

ALLEN,

A&O, $6,000
A&O, 85,000

Oct. 1, 1901
Oct. 1,1902

J&J, $100,000.. ..Jan.

1,

A&O,
A&O,
A&O,

1,
1,
1,

100,000.... Apr.
100,000. ...Apr.
100,000.... Apr.

I

($5,000 ann. to 1906 and $6,000
annually 1907 to 1916).

MILFORD.-F.

W. Sawyer,

Treasurer.

Bonds are exempt from taxation.
When Due. Bonded debt Feb. 15,'00. $120,000
LOANS—
Water Bonds of '91 &'93.—
Sinking fluid
17,830
102,170
48, J & J.... $65,000 July 1, 1921 Net debt Feb. 15, 1900...
This town

is

in Hillsborough Co.

Total valuation 1900. ...2,066,809

Subject to call after July 1,1911

Assessment is 75 p. c. real value.
J&J.... $10,000 July 1,1923
Schools and Funding
Total tax (per $1,000) 1900. $19*00
Feb. 1, 1924 Population in 1890 was
4s, F&A, $45,000
3,014
Interest on first loan is payable In Populationin 1880 was
2,398
Boston, on others in Milford.
Population 1900 (Census).... 3, 739

4s.

—

,„,.,.,..
H\.LL,
NASHUA. — (MILTON TAYLOR, Mayor.
^WILLIAM
SPALUING,
A.

City Clerk.

*JA. A.

Treasurer.

E.

This city

is

in Hillsborough County.

When Due.
LOANS—
Engine House— (gold) —
4s, g., J&D, $15,000g.June 1, 1918
Funding Floating Debt—
July 1,1901
J&J, $75,000
1911-1915
J&D, 200,000
($40,000 due yearlv on June 1.)
4s, g., M&N, $100,000g.May 1, '15

6s,
4s,

Fund'g Floating Debt (Con.)—
Jan. 1,1918
J&J, $42,503
Floating Debt, School and

4s,

Street*—
J&D,$200,000g. June 1,1913
School Building
4s, F&A, $10,000.... Aug. 1,1904
25,000 g.. Oct. 1, 1916
4s, A&O,
4s, g.,

—

INTEREST on the funded floating debt bonds due from 1911 to
1915 is payable at the City Treasurer's office on the school building
bonds by Blake Bros. & Co., Boston; on the funded floating debt bonds
flue 1901 at the City Treasurer's office, or at the First National Bank,
Boston; on all others at the City Treasurer's office, or at the National
;

Bank

of the

Commonwealth, Boston.
citv's bonded debt on January

TOTAL DEBT.—The

1, 1900, was
$677,508; floating debt, $46,988; total debt. $724,496; sinking fund,
cash and uncollected taxes, $135,972; net debt, $o88,524.
ASSESSED VALUATION.—Total assessed valuation (which is about
75 percent of actual value) was in 1900 $14,213,909. Total tax per
$1,000 in 1900 was $21*50.
POPULATION in 1900 (Census) was 23,898; in 1890 it was 19,311.

NEWPORT.—
This town

is

in Sullivan County.

When Due.
1901
$84,300
8,200 ..Aug. 1, 190
10,000... Mar. 1,1909

LOANS—
6s,
5s,
6s,

J&J,

F&A,
J&J,

Town debt

Feb. 15, 1901.$152,500
1,455,064
Total tax (per $1,000) 1900.$22*80
Populationin 1890 was
2,623
Population 1900 (Census). ...3,126

Tax valuation 1900

PEN ACOOK.— Willis
Merrimack County.
Penacook
is

G.

Buxton, Treasurer.

in

LOANS—

When Due. Floating debt

$500
Totaldebt Jan. 1, 1901.... 70,500
.July 1, 1922 Tax valuation 1900
629,000
Subject to call July 1, 1907 Assessment from 23 to % actual val.
Bonded debt Jan. 1, 1901 $70,000 Total tax (per$l,00J)1900.$19*50
INTEREST is payable at the office of E.H.Rollins & Sons, Boston.

Water Works—
4128, M&N, $70,000.

.

. .

of the
County.
seats of
This city is
Dover RR., and
city issued $343,000 bonds in aid of the Portsmouth
received in return stock of the par value of $344,000. This stock Is
now worth considerable more than its face value, and the city has
been selling it and applying the proceeds to the payment of the railroad
bonds. When all these bonds shall have been paid the oity will still
have on hand a considerable balance from the sale of the stock.

&

Improvement bonds—
4s,
4s,
4s,
4s,

Interest pavable at Concord.
Tot.bond.debtMar. 1,1901. $91,000
Tax valuation 1900
26.179,034
Tax rate (per $1,000) 1900. $18*30
Population 1900 (Census)... 52, 430
Population 1890 (Census). ..49 ,435

|

Marcy,
PORTSMOUTH.— Geo. D. RockinghamCity Clerk.
The
county
one

JAMES E. DODGE, Auditor.

Jf. L.

Treasurer.
one of the county seats of Hillsborough County.

LOANS—

J&D,

INTEREST on bridge bonds of 1881 and water bonds of 1872 is payable at Treasurer's office, Manchester on all other issues at Suffolk

,

When due

LO ANS—

A&O,
J&J,

are mostly of the denomination of $1,000 each.

50,000... Aug. 1.1924
4s
Subject to call after Aug. 1, 1909.

$52,091
May 1, 1909 Fire precinct debt(add'l) 45,000
•4s, M*NT$40,000
4s, A&O, 15,000. Apr. 1, 1902, to Assessed valuation 1900.2,542,202
Assessment about actual value.
;*3,000 due yearly.) Apr. 1, 1906
Bonded debt Feb. 15.1901.$58,000 Total tax rate (per M) 1900.$20*10
4,800 Population in 1890 was.
3,763
.Floattnur debt
Total debt Feb. 15,1901.. 62,800 Population 1900 (Census).... 4,965
10,709
Sinking fund assets
r

M&N,

J&J,
J&J,
J&J,

'.

HILLSBOROUGH CO.— Frank

48, Sept., $35,000

1902
1913
100,000. .Nov.
1913
100,000. .Jan.
1907
100,000. .July
1910
100,000. .Jan.
1912
50,000. -Oct.
1914
100,000. .July
1915
50,000. Dec. 16, 1915
100,000. .Jan. 1, 1917
1,
1,
1,
1,
1,
1,
1,
1,

PAR VALUE.— The city's bonds are for $100, $500 and $1,000. They

.

4s,

4s,
4s,
4s,
4s,
4s,

J&J, $100,000. .Jan.

F&A, 100,000. .Aug.

LOANS—

When Due. Floating debt

Town Bonds—
4s, F& A., $30,000.... Aug.
Water Bonds 1891—

LOANS—

1905
1907
1909
1911
1919

J&J, $150,000... July 1,'01-15
J&J,
40,000... Julyl, 1916

Meredith

Merrimack County.

LOANS—

6s,
5s,
4128,
4s,
4s,

TOTAL DEBT-

This town is in Strafford County.
Sinking fund assets
$4,060
Refunding Bonds—
61,432
Jan. 1,1917 Net debt Feb. 15, 1900..
4s, J&J, $56,500
1,155,952
Subject to call Jan. 1, 1907 Tax valuation 1900
25*70
Total debt Feb. 15, 1900.. $56, 500 Tax rate (per M.) 1900 ...
3,064
8,992 Population in 1890 was
Floating debt
Total debt Feb. 15, 1900.. 65,492 Populationin 1900 (Census). 2,265

This city

1,
1,
1,
1,
1,

1913

School Bonds—

Treasurer.

FARMINGTON.

.

1,

When Due.

-

;

This town is in Rockingham County.
Bonded debt Feb.15, '01. $71,000 Total valuation 1900... $3,065, 665
Assets
26,724 Assessment about 23 actual value.
Wet debt Feb. 15,1901...
44.276 Total tax (per $1,000) 1900. $20-00
4,284
Tax valuation, real
2,230,632 Population in 1890 was
"Tax valuation, pers'l...
835,033 Population in 1900 (Census). 4,922
The bonds all bear interest at the rate of 4 per cent, and are issued
Kor street improvement, library and refunding purposes. They are
nearly all held by local investors.
TAX FREE-—Bonds are tax exempt if owned by residents.

A TvTCTT ITVT
AJN iV-L/ilN

LOANS-

Water Bonds

LXX1I

Bank, Boston.

EXETER.— C.

1CT3
** rt

J&J, $50,000.... .July

Funding Bonds—
4s, A&O, $50,000... April
4s, A&O, 50,000... April
4s, A&O, 50,000.... April
4s, A&O,
5,000... April

. .

CITY PROPERTY.—Tlie

Vol.

When Due.

Cemetert Bonds-

die county seat of Strafford County.

is

LOANS-

:

1913
1914
1915
1916

—

—

LOANS—

KS
«Su

Principal.
Outstand'g.

4
4
4
4
4

1884
1889
1894
lgg9
lg96

!

f ft
lorscnols.

sewers, etc
|

&

j

When Due.
Oct. 1,1904
Jan.

May
Nov.
July

j

1,
1,
1,
i,

$47,000
50,000
40,000
57,000
175,000

1909
1914
1914
1916

Optional after July 1, 1912.
Jan. 1. 1913
160,000
J & J
RRref. 1893 4
Jan. 1, 1907
160,000
J & J
1892 4
Water bonds
Jan. 1. 1912
165,000
J & J
1892 4
do
INTEREST is payable in Boston and Portsmouth.
TAX FREE.—None of the above bonds are taxed in Portsmouth.
PAR VALUE.— Bonds are in $100, $200, $500 and $1,000 pieces,
none registered except $L9,500 of the issue of 1881.
TOTAL DEBT on January 1, 1900, including the water debt, was
$957,313; assets, $295,064 water debt (Included), $325,000; net debt,
$662,249. The city owns, in addition to the water-works and the Portsmouth & Dover RR. stock above mentioned, real estate, including
schools, etc., which is valued at $185,700; personal property (including tire department) valued at $51,007. The par value of the Portsmouth & Dover stock held by the city ou January 1, 1899, was
$111,200; market value over $150,000.
ASSESSED VALUATION.— Assessed valuation in 1900 of real estate
and personal property was $3,546,914 (estimated at a^out 34 actual
value) tax rate (per $1,000) $20 80.
POPULATION— In 1900 (Census) was 10,637; 1890,9,827; in 1830

& Dot.

Ports.

1

;

;

—

Plymouth, Grafton Co
Raymond, Rockinghain Co..
Sandwich, Carroll Co.
Springfield, Sullivan Co
Stewartstown.Coos Co
.

Strafford, Strafford

. .

Co

Sullivan County
Snnapee, Sullivan Co

Belknap Co

is

HORACE
CHAS. W.

in Strafford County.

LOANS—

When

Sewer Bonds—

Bonds are tax exempt.

J&J, $103,700... Jan. 1, 1902
($6,500 due vearly.)
Water Bonds, 1892.—
4s, J&D, $200,000. ...June 1, 1922
Bonded debt Jan. 1, 1901 .$303,700
62,136

INTEREST

bonds

on sewer bonds

is

Treasurer.

J&J, $20,000
J&J, 12,500

Count y Bonds—
4s
4s

DEBT, RESOURCES,

$20,000
80,000

Admitted as a State (Act February
State Capital

Governor (term expires Oct. 1902)

1, '01..

$207,500

Tax valuation 1900. ...26,745,369
County property 1900..
269,742
Population in 1890 was ...49,65o
Population 190 J (Census). ..51, 118

June 1,1911

SOMERSWORTH.—Mark A. Kearns, Clerk.
This city

in Strafford County.

is

LOANS—

March

...
-------

BoDd. debt Jan

Oct. 1,1901

When Due. Bonded debt Jan. 1,1900.$295,000

Gen'l Indebtedness Bonds—

Value of city property.

438,513

A&O, $116,000. .Oct. 1,1901 to Assessed valuation 1900.3,125,259

Oct. 1. 1918
<$2,000 yearly to 1909; $4,000 to
'14; $5,000 to '17; $63,000 in '18.)

Assessment about actual value.

Tax

rate (per $1,000) 1900. $21-70
Population in 1 890
6.207

Water-Works Bonds—
Population 1900( Census)
7,023
4s, A&O, $177,000. Oct. 1, 1903-*18 INTER EST is payable at Old Col<$2,000 yearly to 1907; $3,000 to
'12;$4,000to'17;$132,000in'18.)

3,190
2,221
4,066
1,080
1,713
1,625
1,002

581
911
638
3,183
2,527
2,129
1,02

7

1.972
1,100
1,077

439
1,150
1.040
18,009

946
1,926
2,693
1,358
1.696
2,274
2,390

628

&c.

18 1791)

Total area of State (square miles)

July 1, 1903
July 1,1905

1,891
1,132

ITS

to '10
Interest is payable in Exeter.

Refunding Bonds—

2,254

Vermont

State of

County Bonds (Con.)—
313s, A&O, $35,000. Apr., '06

Wlicndue.
Court House Bonds, 1893.
4s, J&J, $40,000
July 1, 1918

$
19-60
20-70
15 00
17-50
23-50
21-05
24-30
26-00
23-60
19-70

H. C. Follansby,

County seats are Exeter and Poitsmouth.

LOANS-

4s,

Warner, Merrimack Co
Wilton, Hillsborough Co
2 7,050
Winchester, Cheshire Co
Wolfeborough. Carroll Co. ..112,79
21,610
Woodstock, Grafton Co
Woodsville School District.. 32,0j0

in Boston, Af ass.

ROCKINGHAM CO.—W*.
4s,
4s,

12,111
40,6*5
41,909

Population.

Mate.

824,356
939,978
340,161
1,532,557
1,127,550
1,703,594
483,528
641,182
599,411
603,436 1630
300,000 16-70
488,388 18-90
315,917 18-50
1,209,784 16-50
1,416,181 18-00
1,128,810 20-80
352,106 1900
833,178 21-20
436,093 19-10
435,812 22-10
144,299 27-20
396,'J82 18-90
450,212 2100
8,794,1^0
486,461 17-70
917,166 21-20
1,6 21,290 15-60
634,803 21-11
965,050 1800
1,234,372 17-50
1,'»86,936 20-40
214,0.(8 24 90
450,000

1,967
2,048
2,690
1,044
6,497
5,748
2,491
3,163
2,079
2,124
",705
6,767
3,871
7,240

>

Total debt
$365,836
34,6£1
Sinking fund
Net debt Jan. 1, 1901.... 331,215
4,004,062
Tax valuation 1900
Assessment about %, actual value.
Total tax (per $1,000) 1900.$2000
Population in 1890 was
7,396
Population in 1900 (Census). 8,466
payable at city treasury, on water

due.

3*23,

Floating debt

WORCESTER, Mayor.
BROWN, City Clerk.

L.

$
1,162,808

4,607

15,4 \ 5

Walpole, Cheshire Co

ROCHESTER —

46,336
32,733
15,462
14,724
11,658
17,498
12,679
19,070

Tax

Assessed
Talual'n.

Assets.

Location
$
$
Hillsborough. Hillsbor'h Co.10"^} 12,346
7,096
Hillsboro Bridge Fire Dist.. 66,000
9,397
11,271
Jaffrey, Cheshire Co
3,505
Kingston, Rockingham Co .. 10,182
Lancaster. Coos Co
105,677
9,568
Lisbon. Grafton Co
36.000
5,863
125,877 25,765
Littleton, Grafton Co
25,035
5,361
Lvme. Grafton Co
6,964
47,770
Meredith, Belknap Co
Milton, Strafford Co
46,883 47,035
New Boston, Hillsbor'gh Co. 13,545 1,223
4,838
Newcastle, Rockingham Co.. 24,650
New Ipswich, Hillsboro Co.. 11,463 6,604
3,669
Nottingham, Rock'gham Co. 16,212
1,708
Pembroke. Merrimack Co.. 11,450
Peterborough, Hillsboro' Co. 73,631 12,156
Pittsiield, Merrimack Co.. .. 68,198 18.921
Plaistow, Rockingham Co.. 21,634
2,473

Tilton,

9,690; in 1870,9,211.

This city

13

Total
Debt.

,

-

1

1

—
A&O
J & J
M&N
m& N

Interest
P. Ot. Payable.

NAME AND PURPOSE

Mnnj „ in .i

:

V£BM0TJT"-B£BT Of BlAlt,

1901

April,

-

ony Trust

Co., Boston.

4,

1791
9.565

Montpelier

Wm, W.

-

-

-

Secretaryof State, (term expires Oct. 19)2)

-

Stickcey

Fred. A.

Howland

Treasurer, (term expires Oct. 1902),
John L. Bacon
Legislature meets biennially in even years the first Wednes-

day

in October,

and length

of session

is

not limited.

HISTORY OF DEBT.— For a brief history of the Vermont State
debt see State and City Supplement of April, 1895, pages 15 & 16.
The liabilities of the State on July 1, 1900, were as follows

LOANS—

Interest.

-

NAME AND PURPOSE.
Agricultural College Fund

Floating debt
State school tax to be distrib'd

do

highway do

—

.

Bate. Payable.

6

J&D

5

do

.

Principal.
Outstand'g.

.

When Due.

Junel,1910.$135,500 00
32,535 34
87,805 89
88,316 83

5
NTEREST is payable at the State treasury.
TOTAL DEBT, Etc.—The total debt of the State on July 1, 1900,
was $344,158 06. On July 1, 1900, the total resources were $541,573 99, including cash on hand and in banks $117,16 L 20.
I

STRAFFORD CO. — George D. NowELLjTivas.
County seat

Dover.

is

LOANS—

When Due. Total debt

Funding Bonds—
4s, J&D, $5,000
4s, J&D, 70,000 g
Jail

4>3S,

Dec. 1,1901
Dec. 1,1911

Note—

A&O, $25,000

..Oct. 19,

1908

INTEREST

Bank

of

on the 4 per cent
Redemption, Boston, Mas

Jan. 1, 1901 $100,000
Cash, etc
52,533
Net debt Jan. 1 1901..
47,467
Tax valuation in 1900.20,687,857
Av. tax rate (p. $1,000) '99.$1970
Population in 1890 was
38,442
Population 1900 (Census) ..39,337
bonds is payable at the National

WHITEFIEL.D. —TMs village

is

in Coos County.

LOANS—

When Due. Assessment about h actual value.
Refunding Water Bonds—
Tax rate (per $1,000) 1900. $2010

J&J. $60,000
Population 1890 (Town)
2,011
Total debt Apr. 1, 1900.... $60,000 Populat'n 1900 (Census). ...2,157
Tax valuation 1900
746.784
INTEREST is payable at the Whitefleld Bank & Trust Co.
3>«8,

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding all minor civil
11
u th e State of New Hampshire which "have reported an
i^LI ? .?
.
indebtedness of over $10,000, and which are not represented auiontr
the foregoing detailed reports. We add the population in 1900.
1

^

Total

Location-

B
a PCo
flJ?rt^
K 0r0l "uV
hCo
A?hfln,i^ ™?t 0n i?
a
,
tf
»5lJ ?«4^» n
ar
ad B ln p C
£
Barrngton oi J? J 2.Strafford Co....

Hm

5^

%

—

•

'

Bethlehem. Grafton Co

Assessed

A

etS -

%

22 758

5 >'i77

3 ' 343

5 296

'

I
33 >* 7i
11 116
'

53,560
11,190

'

509
3 qft5
6,310
1.632
-

™"«<'»-

Tax
21-50
21-60
18-80
22-50

'

rW

^rl

,

Z°
U H \l M; 1,C
lk
rnffi^i. *Ti n
'l-^
Goffstown, Hillsborough Co.
Grafton County...
n"V
a ftO nC0
Si
foi
,
Harnsvillr. Cheshire X
Co
Haverhill, Grafton Co
'

"

,

';

,

£#„
91
?H
}9' 870

1072

2900

1,208

1261
1455
Q90

1600
821
1710 3,154
26-20

29 468
592

2330 1162

2v™

T =>S^

31-50
3150

308

4 578
2 734
-

18-50

1.641

>

1970

1,100

V-,620

13-70

2

677,085
474,718
1,201,920
6,749 18,247,607
4
? .' 816 24 525 l.H2,«78
16,367
3,141
344 197
76,650 11,875 l.SSTSlm
45,772
24,464

1,500
1,366
1,289

23-40
18-40
24-70

'

hnm

*

Real.

Tears.

-Assessed valuation.
Personal.

Total.
per $1,000
$118,950,024
$58,293,598
$177,243,622
$2 00
117,642,114
175,611,672
57,969,558
2 00
1-50
116,141,979
58,621,654
174,763,633
2-50
114,994,441
59,396,708
174,391,149
1-00
113,700,464
60,996,759
174,697,223
2-20
112,099,284
61,700,471
173,799,755
112,087,665
63,045,247
175,132,912
100
2-50
110,787,989
176.051 365
65,263,376
112,895,125
65,157,388
178,052,513
The tax rate for 1901 is $1-75 per $1,000, which includes State schoo
and State highway taxes of 50 cents each per $1,000, collected
and re-distributed to towns on a basis of the number of schools and
road mileage.
DEBT LIMITATIONS.—There appears to be nothing in the Consti
tution or in the Statutes of Vermont providing a general limit to the
debt-making power of municipalities. Whatever in each case the Legislature authorizes, the city, town, county or other civil division can
issue. Of course the purpose of the improvement must be of a public
character. Railroad subscriptions by towns are authorized by Section
2760, chapter 132 of the Revised Statutes, the section being as follows:
Section 2760. A town may aid in the construction of a railroad organized under the general law by issuing bonds to aid such railroad,
by takim capita] stock therein, or in such other manner as it directs,
but the liability so assumed shall not exceed eight times the grand list
of the town at the time. Such aid shall be given in the way provided

1900
1899
1898
1897
1896
1895
1894
1893
1890

r

628,850
632,509
607,758
457,849
444,790
694,076
614 860

Boscawen(Tn),MerrimackCo79 424
1992
Campton, Grafton Co
16,088
8 901
853 552
Canterbury. Merrimack Co.. 16*74
3,547
lll'Mi
Conway, Carroll Co
19 897
3 227
909 530
0n
56 401 15,512 12,562 480
R2S.£ v&7,
18 ^ 76
4 00%
168.5M
SSSSlk^iSSiSi-V'-K— 11,523 2,193
Deerfleld, Rockingham Co..
431272
Derry, Rockingham Co
31,«65 11.585 1298 827
Dorchester, (i ration Co
16,012
3 071
98488
['"'f^t^-'nreCo.
20 %\\
gfj;^
U

Popu

*«<«• <<"<™

ASSESSED VALUATION AND TAX RATE-

40.sU

1750

1,884

25-30

3,414

15-50

7fl1

in this chapter.
It will be noticed that this section contains a limit to the power
granted of making subscriptions in aid of railroads— to wit That the
subscriptions shall not exceed eight times •• the grand list." To evolve
the " grand list " in Vermont, the authorities first prepare a schedule of
all the property, real and personal, of each individual, with valuations
entered at their real value in money, deducting debts owing; after this
is done "the grand list "Is made up by taking one per cent of that
amount, according to Section 317, Chapter 25, of the Revised Statutes,
which is as follows: "All taxable property shall lie set in the list at one
" per cent of its value in money ou the first day of April of the year
"in which the list is made ."
Following Section 2760, above cited, which authorizes subscriptions
In aid of railroads, are other sections describing the method in which
these subscriptions must be made, by calling a town meeting, voting,
Ac, &c. Then follows Section 2766, authorizing the issue of bonds.
:

;

14

;

MB

STATE

OJTY SUppt£M£flT.

Section 2766. Such town may issue bonds, with coupons payable
semi-annually, at a rate of Interest not exceeding seven per cent, to
aid such road.
The only other general authority granted for the issue of bonds by
municipal corporations in Vermont is that given for refunding outstanding liond-* and notes. The Sections which grant this power are
Sections 2769, 2775 and 2776, Chapter 132 of the Revised Statutes,
Sections 2760 and 2776 are as follows:
Section 276'.). A town which has outstanding and unpaid negotiable
notes or bonds, issued to pay for stock subscribed to a railroad company, under any act of the general assembly, may issue other negotiable notes or bonds to pay or retire such outstanding notes or bonds.
Section 2,775. A town having outstanding and unpaid orders, notes,
bonds or coupons, issued under any act of tiie Legislature, for the purpose of the erection of public buildings, or in aid of public improvements* or for the payment of soldiers' bounties, may issue other
negotiable notes or bonds for the purpose of retiring the outstanding
orders, notes, bonds and coupons, iu the same manner that it may issue
new notes or bonds to pay or retire outstanding notes or bonds issued
In aid of a railroad; and the powers, restrictions, duties and liabilities
of the town and town officers in the matter shall be the same as is
provided by law in the case of the refunding by a town of town bonds
issued in aid of a railroad; and the interest on such new notes or bonds
shall be provided for in the same manner.
By Section 2776 municipal corporations other than towns have the
same refunding powers granted them which are conferred upon towns
by the two sections last above cited.
The only other section which we need quote is Section 2751 of
Chapter 130, which names the objects for which towns may vote money.
If money is appropriated for any other object, the Charter or a special
statute must be looked to for the authority.
Section 2751.— Towns in town meetings may vote such sums of
money as they judge necessary for the support of the poor; for laying
out and repairing highways; for the prosecution and defense of the
common rights and interests of the inhabitants, and for other necessary
incidental town expenses.
POPULATION OF STATE.—Accordingto the United States Census
the population of Vermont has been as follows:
343,641
332,422
332,286
330,551

1900
1890
1880
1870

i

|

|

1860
1850
1840
1830

315,098
314,120
291,948
280,652

1820

235,966
217,895
154,465
85,125

1810

1800
1790

SAVINGS BANKS INVESTMENTS-PRIVILEGES AND RESTRICTIONS. — The provisions of law relating to savings banks are
found in Chapter 174 of the Vermont statutes, Sections 4066 to 4131
inclusive, as amended from time to time. The first section having reference to investments is Section 4096, which treats of real estate
mortgages. It authorizes the investment of 70 p.c. of the assets in such
mortgages, one- sixth at least of which " shall be upon real estate in this
State "—that is Vermont. A proviso adds that only 50 per cent of the
assets may be invested in mortgages on real estate outside of Vermont.
Sections 4097 and 409S relate only to obtaining and paying for insurance. Section 40! 9 is as follows, and has reference to investment
on personal security.
Section 4099— No loans or investments on personal security shall be
made except upon at least two approved names, not less than two of

whom reside in this State or

within fifty miles of the institution making
such investment, and such personal loaus or investments shall not be
for a longer time than one year; and not more than one-third of the
assets of a savings bank, savings institution or trust company shall be
invested in personal securities.
Section 4100 only covers a siugle point; that is to say it restricts to
five per cent of the deposits the amount which a savings bank may
invest in the lot and building for the transaction of its business, and
adds that a revenue may be derived from portions of the building not
required for the bank's use. The next section (Section 4101) covers
the most important of the provisions relating to investments that are
contained in the law. Wegive the section in full below. The separation
into paragraphs and the figures in parenthesis whichnumberand begin
the paragraphs are our own.
Section 4101— With the foregoing exceptions, the moneys deposited
in Savings Banks, Savings Institutions and Trust Companies, and
the income therefrom, shall be invested only as follows
(1.) In the public funds of the United States, or public funds for the
payment of principal and interest of which the faith of the United States
is pledged;
(2.) In the bonds or notes of the counties, cities, towns, villages and
school districts of the New England States, New York, Pennsylvania,
Ohio, Michigan, Indiana, Illinois and Iowa;
(3.) In the stock of any national bank in the New England States,
New York and the cities of Detroit, Chicago, St. Paul and Minneapolis
in the stock of any banking association or trust company incorporated
under the authority of and located in this State
In the municipal bonds, not issued in aid of railroads, of
(4.)
counties, cities and towns of live thousand or more inhabitants in the
States of New Jersey, Wisconsin, Minnesota and Missouri, and in
counties, cities aDd towns of ten thousand or more inhabitants in the
States of Kansas, Nebraska, North Dakota. South Dakota, Oregon
and Washington, but no investment shall be made in any of the
counties, cities or towns in the States above named, except in cities
of fifty thousand or more inhabitants, where the municipal indebtedness of such county, city or town exceeds five per cent of its assessed
valuation, and when not issued in aid of railroads;
(5.) In the school bonds and independent school district bonds of New
Jersey, Wisconsin, Minnesota and Missouri; and in the school bonds and
independent school district bonds of school districts of two thousand
or more inhabitants in the States of Kansas, Nebraska, North Dakota,
South Dakota, Oregon and Washington, where the amount of such
bonds issued does not exceed live per cent of the assessed valuation of
the respective cities, towns and school districts.
(6.) In the public funds of any of the States named in this section;
in notes with a pledge of any of the aforesaid securities, including def>osit books or deposit receipts, issued by a savings bank, savings
nstitution or trust company or banking association located in this
State, as collateral, such notes not to exceed the par or market value
of such security;
(7.) But no savings bank, savings institution or trust company shall
hold, by way of investment or as Beourityfor loans, more than ten
per cent of the capital stock of any one bank, nor Invest more than ten
per cent of its deposits, nor more, than thirty-five thousand dollars in
the capital stock of any one bank; and no such investments shall be
made in the capital Stock of any such hanks, owned or loaned upon, to
exceed in he aggregate one-fourth of the deposits of any savings bank,
savings inst.it ut ion or trust company.
The amount of loan which can be made to one person or corporation,
&c, is restricted by the next section, and we give it in full. It is as

Vol.

Section 4102—:No savings bank, savings institution or trust company
shall loan to any one person, firm or corporation, or the individual
members thereof, more than five per cent of its deposits, nor more
than thirty thousand dollars; nor shall such loan on personal security
exceed ten thousand dollars.
also give Section 4106 in full. It confers authority upon sav-

We

ings banks to make deposits on call in banks and trust companies in
certain States and cities, and is as follows.
Section 4106.—The words "trust company" iu this chapter shall be
construed to include savings banks and trust companies. A savings
bank, savings institution and trust company may deposit on call in
hanks, hanking associations or trust companies in this State, or in
the cities of New York, Boston or Chicago, or in national banks in
the cities of St. Paul, Minneapolis and Kansas City, with or without
interest, as may lie agreed upon, sums not exceeding in the aggregate
twenty per cent of the assets of such savings bank, savings institution
or trust company.
Section 4107 enacts that savings banks may hold real estate acquired
on foreclosure or otherwise taken to secure debt, but it must be sold
within rive years, &c. Section 4108 authorizes savings banks to demand and receive on loans 6 per cent interest.

Cities,

Counties and Towus
IN

THE

STATE OF VERMONT.
Note. — For places not given in alphabetical order among Iht following
stattmenls, see cddittonal statements" at the end oi this Stale.

BARRE.— Burt H. Wells,
Washington County.
This city

Treasurer.

in

is

When Due.
LOANS—
Refunding Bonds, 1896—

Water Bonds—

.

J&D, $165,000
3^8, J&D, /5,0» 0... Dec. 1, 1910
Subject to call Deo. 1, 1915
Total debt, 1900
$338,444
1919
Water debt (included). .. 165,000
57,500
4s
(Subject to call after 1914.)
Tax valuation 1899
3,550,102
Sewer Bonds—
Assessment about 23 actual value.
.$26-70
4s,
J&J, $75,000.... July 1,1909 Tax rate (per $1,000)
Population in 1900 was
8.44K
School Bonds—
4,146
4^3, J&J, $18,000. .July 1,1911 Population in 1890
INTEREST on refunding bonds is payable at the National Bank of
Redemption of Boston; on other bonds at National Bank of Barre.
4s,
4s,
4s,

M&N, $15,000
M&N, 15,000
M&N, 15,000

4s,

May 1, 1906
May 1.1911
May 1,1916

,

. .

BENNINGTON.— E. A.
A shire town in

Booth, Clerk.
(See " additional statements"

Bennington County.

for village of Bennington.)

LOANS—

When Due. Assessedvalua'n,reil..$3,34 5,519

Funding Notes—

Assessed val't'n, pers'l.. 1,044,357
Total valuation, 1900...4,3a0,876
Tax rate (per M) 1900
$18-50
Population 1890
6,391
Population in 1900 was
8,033

$30,000... .April 3, 1902

33js

Refunding Bonds—

4s,

July

J&J, $100,000

1,

1917

Bonded debt Mch., 1901. $130,000
Floatingdebt

7,000

BRATTLEBORO.-W.
Windham County.
This town

is

LOANS—

When Due. Assessed valuat'ns.real $2,849,025
,

|

July

1,

1918

Road Impv't Bonds—

I

I

1901

$2,000

4s,

H. Brackett, Treas'r.

in

Bkidge Bonds—
4s. J&J, $15,000

Town Hall & Fund'g Bonus—

I

I

Assessed valuations, p'1.1, 681, 908
Total valuations 1900.. 4,530,933
Assessment about *2 actual value.
Total tax rate (per M) 1900. $17 -60
Population in 1900 was
6,640
Population in 1890
6,862

1902-1918
J&J, $50,000
Total debt March 1, 1901 .$67,000
INTEREST on town-ball and bridge bonds
on other bonds in Brattleboro.
4s,

|

is

payable in

New York;

ROBERT ROBERTS, Mayor.
D TTD J_l IN T r^KT — Il.C. GRANT, Treasurer.
U t\ TTSTr^ 1 ^1N
r

irJ

This city

5

V_x

.

in Chittenden

is

County

Watfr Bonds—

When Due.

LOANS-

Street Improvem't Bonus—
4s,
4s,

J&J,

20.000

191)

A&O,

4s,
$30, 000. ..Apr. 1, 1913
J&J, 20,000 .Jan. 1, 1914
4s,
•»«,
A&O, 25,000. ..Oct. 1,1915
3»«s, JAJ.
85,000. ..July 1, 1923
3V2B, J&D, 25,000. .. Dec. 1, 1924

Refunding Bonds—

4s,
-s,
4s,

4s,

J&J.

$6f-,000

..

Jan.

1,

1919

Refunding Water Bonds—

$40,000.. July,19l7-'l8

JArJ,

School Bonds—

:

J&J. $160,000.... Jan. 1,1906
J&J,
30,000
Jan. 1, 1914
Bond debt Feb. 1, '01. $625,000
Sinking fund assets
64,076
Net debt Feb. 1, 1901..
560,924
4s,
4s,

.

Assessed valuat'nl900.13,289,876
Assessm't about 8* % actual value.

Tax

J&J, $10.000. ..Jan. 1,1913
J&J, 15,000. ..Jan. 1,1914
AAO.100,000. .. Apr. 1, 1931

rate (per $1,000) 1900.$1500
14,.*90
Population in 1890 was
Population in 1900 was
18,640

(Subjectto call after Apr. 1, 1911.)
INTEREST on the refunding water bonds due in 1906 and on the
refunding railroad bonds is payable at the Fourth National Bank,
New York on all other bonds at the office of the City Treasurer.
The sinking fund is Invested in city bonds, and
SINKING
the interest amounts annually to about $6,000. In addition 5 per cent
of the taxes, amounting to about $6,000, is annually appropriated to
the sinking fund.
;

FUND—

FAIR HAVEN. —Fair Haven
LOANS—

Water Bonds—
4s,

is

in

Rutland County.

When Due. Bonded debt Feb. 1, 1901. $22,000
Tax valuation 1900
1.147,000
1905 Tax rate (per $1,000) 1900. $19-50

J&D, $22,000

Subject to call after 1895.

Population in 1900 was

2,470

MIDDLEBURY. —Middlebury town,
Addison County,

including the

lage of the

same name,

towx

LOANS4s

.$24,750

Bonded debt Fob.

1,

is

When

Due.

1901-1917
1901. $24. 750

VILLA OF.-C. E PINNEY.Treas.
Water Bonds—

4s,
4s,

2,426
1,88«,129
Total tax per $1,000 1900. .$1 3'50
Population 1890
2,793
Population in 1900 was
3,015

MONTPELIER.-T.

$30,000

M&N, 50,000

(Subject to call

Floating debt

Tax valuation, 1900

1921

May 1, 1941
May 1. 1h21
)

Bonded debt Jan.

1, 1901. $40,500
Floating debt
13,661
Tax valuation 1900
1,201,622
Tax rate (per $1,000) 190O..$18-5O
1,762
Population 1S90
Population in 1900 was
1,897

R.

Merrill. Treasurer.

city is situated in Washington County. On
town, village and school district were consolidated

The

vil-

situated in

t

follows:

LXX1I

March
under a

5,

1895, the

city oharter.

—

M*S8*CttUS£TTS-D£8T Of

1901.

April,

...Oct. 1,

.

1,

1920

36,471
Floating debt
Total debt Feb. 1, 1901.. 190,971
fund assets
1,598
Sinking
5,003,721
Tax valuation 1900
Assessment about % actual value.
Total tax tper$ 1,000) 1900.$15-00

1910.)

Funding Bonds—

1917

J&J. $17,500

Bridge Bonds—

....Oct. 1, 1920
{Subject to call after Oct. 1, 1910.)
1917
4s, J&J, $L7,000
3i6,

A&O, $15,000

DEBT, RESOURCES,
Admitted

(Subject to call after 1901.)

State Capital

A&O,

$20,000.. Subjeot to call.
on the 3 per cent water loan is payable at Montpelier
National Bank and upon the other loans at the Treasurer's ottlce.

G. Fleetwood, Treasurer.

County.

Is in Lamoille

$1,700
Total debt Jan. 1, 1900... 53,700
600,000
Total valuation 1899
Assessment about ^ actual value.
Tax rate (per $1,000) 1899.$18-50
1,262
Population in 1900 was ..

Feb. 1, 1905
Feb. 1,1910
Feb. 1, 1915
Feb. 1,1920
1, 1900.$49,000
payable at the Nat.

F&A, $14,000
F&A, 10,000
F&A, 10,000
F&A, 10,000
Bonded debt Jan.
4s,
4s,
4s,
4s,

INTEREST

is

village

LOANS-

J&J, $49,000... Jan.

history of the State debt see State
page 18. The debt at present Is
given in detail in the foUowing table. All loans are payable, both prin-

real
$940,000
personal.
20.000

>

is

in

LOANS—

L. Davis, Treasurer.
a town and a county of the same name.
When Due.
When due.
LOANS-

Sewer Debt—
M&N, $25,000*
Nov., 1924
M&N, 75,000*. ...May 1,1926
Refunding Water Bonds—

General Debt—
4s,

J&J, $25,000*

June, 1926

4g,
4g,

100,000*
50,000*

May, 1924
Nov., 1924

M&N,
M&N,

School Debt—

....$30,000*
Jan., 1929
Jan., 1901.. $497,000
Floating debt
27,915

3*flS,

4g,
4g,

4s

2,000

,

"

Total debt
524,915
Sinking fund, etc
48,184
Net debt Jan. 1, 1901.... 476,731
May, 1924 Total valuation 1900 .. 5,469,525
Nov., 1924 Total tax rate (per M.), '00.$16'00
Nov., 1925 Population in laOO was
11,499

M&N, $50,000*
M&N, 65,000*
Coupon.

INTEREST is largely payable

ST.

ALBANS.— B.

Bank

at Nat.

of

Redemption, Boston.

M. Hopkins, City Treasurer.

This city is in Franklin County. This city was organized March 2,
1897, and comprises the most populous portion of the town of St.
Albans. The town is a wholly separate municipality.
Principal,
Interest.
LOANS—
When Due. Outstandi7ig.
P. CI. Payable.
NAME AND PURPOSE.
.
, 5
$5,000 yearly
Town— Refunding bonds. 3*2
$33,000

—

-

J&J

Town— Funding

VA A
* &
.

1897

—

,

,

S

I

.

on July 1
1, 1908-14
$5,000 yearly.
00 *- 1 1901 10 09
Feb.

>

35,000

)

'

A & o^ $5,000 yearly.
<Dec, 1901-1907)
J & D
$5,000 vearlv.
I
n
A & u Oct. 1, 1901 '17
$2,000 yearly.
T,5Dec.3O,1901'21
u \ $1,000 yearly.

City— Water bonds 1890

'

'

45,000

^

5

do

do

do
do

'92

'94

53,000

s

33,000

<

School Dist. bonds 1896

4

21,000

PAR VALUE.—The City 4s are for $500 and $1,000 each.
INTEREST is payable in Boston at National Bank of Redemption.

TOTAL DEBT, ETC.— City 'stotal funded debt February l,1901,was

$214,625.

ASSESSED VALUATION.— City's

actual value) in 1900
$1,000) $2000.

assessed valuation (same as
polls; tax rate (per

was $3,599,747, including

City owns its water works and two
reservoirs, with a dual capacity of 240,000,000 gallons.
In year
1900-01 cash water receipts were*$16,023; operating expenses, $4,938.
POPULATION.— The city's population in 1900 (Census) was 6,239,
and tue population of the-towu outside the city, 1,715.

VtrnrtrMwrc —
cn^r^lN IN C^3.
is

5

\ j.

A>

HARRINGTON, Treasurer.

situated in Addison County.
When Due. Tax valuation, 1900

LOANS—

$26,000 ..June

Assessment about

1,

1908

$881,394

actual value.
Tax rate (per $1,000) 1900 .16-50
1,773
Population in 1890 was
1,753
Population in 1900 was
3i

20,000.. Sept. 1, 1914
Floating debt
$16,000
Total debt Feb. 15, 1901. 6 ',000
Interest on bonds due in 1908 is paid by the City Treasurer; on those
due In 1914 interest is paid in Boston.
I

|

ADDITIONAL STATEMENTS.
we

In the table below

give statistics regarding minor civil divisions
Vermont having an indebtedness of over $10,000, and
which are not representee among the foregoing detailed reports. We
add the population in 1900 ace «rding to the United States Census.
Bonded Float' g Assessed
Tax Pop'l'n
in the State of

d'fil.

debt

valuation,

rale.

$

16

$

T.-Town.

1900.

$

38,000 10.OC0 2,999,975 2350
44,400
900
447,0^0 13 50
27,000
32,ti00 1,400
363,491
Ludlow, (V.» Windsor Co
28,500 6,000
431,128 21-50
Newport, (V.) Orleans Co
40,000 12,000 1,022,653 12-50
Northtleld, (V.) Wash'ton Co.. 35,000
623,988 24-00
Randolph, (V.) Orange Co ... 17,000
1.000,000 1100
Woodstock, (T.) Windsor Co
28,801 2,874,124 12 83
Benniogton,(V.) Bennlng.'Co.
Con ord (T), Essex Co
Essex Jc. (V.i Chittenden Co.
Hardwulv, (V.) Calc.loniaCo.

V.-Village.

Nov.
Nov.
Nov.

1923 $1,000,000
1923 3,500,000
1923
500,000
May 1928 1,500,000
May
3 g
1929 1,500,000
r 3g M & S
Armory bonds, gold
1918
830,000
do.
r 3 g
M& S
do
do
1920
55,000
do
do.
..r 3g
M & 8 Sept. 1, 1921
do
95,000
do
do
do.
..r 3g
Sept. 1, 1922
100,000
do
do
do.
..r 3g
Sept. 1,1923
110,000
do.
do
do
..r 3 g
Sept. 1, 1925
150,000
do
do.
..r 3
Mar. 1,1927
do
120,000
Fitchb. RR. securities,'93.c ,fcr 3^gF & A Aug. 1,1913 5,000,000
Harbor improvement
1.1937
3^
Jan.
500.000
Highways, gold
r 3^ g A & O
Apr. 1, 1920 1,300,000
3*2
do
do
April, 1927
700,000
3*2
do
do
Apr. 1, 1928
300,000
do
Apr. 1, 1929
do
r 3g
4 00,000
do
r 3s
Apr. 1, 1930
do
400.000
,
m"&*n Nov 1,1925
Hospital loans
r 3g
10,000
do
do
r 3 g
Nov 1, 1925
322,500
do
do
r 3g M <te N May 1. 1929
110,450
Medfield Insane Asylum, g,'94r 3>2g A & O Apr. 1, 1924
700,000
'95 3^g A & o Apr 1, 1915
do
do
300,000
'96 3^
do
do
.April, 1927
25,000
Massachusetts War loan 1898 3
Nov 1,1928 1,000,000
do
do
1899 3
Apr. 1, 1928
135,000
do
do
1900 3
Apr. 1, 1928
95,000
Metropolitan sewer
Jan. 1, 1930 5,835,000
r 3g
&
do
do
Mch. 1, 1935
500,000
3g M &
do
do
3*9
Jan., 1930
295,000
do
do
.1900 3g
Jan. 1, 1930
265,000
3i3
do
do
Mar., 1935
335,000
do
do
July 1,1939 1,000,000
3 g m"&"s
do
do
Mar. 1,1936
25,000
3g
Parks (Metropolitan)
Jan. 1, 1934 1.800,000
r 3^ g J & J
do
do
Jan. 1. 1936 2,600,000
r 3!2gJ & J
3*2
do
do
-.
Jan. 1, 1937 2,400,000
do
do
July 1, 1938 1,100,000
J &
3>a
do
do
...1899 r 3 g
July 1,1939 1.575,000
J &
do
do
...1900 r 3 g ..
July 1. 1940
325,000
State House
July 1, 1901
r 3g
J A
935,000
do
r S^gJ A
July 1, 1901 1,400,000
State House construction
Apr. 1, 1909 2,500,000
r 3
A
do
do
do
Apr. 1, 1915
r 3g
550,000
A
do
do
do
r 3*2g
Apr. 1, 1916
625,000
&
do
do
do
April, 1917
3
125,000
do
do
do
Apr. 1, 1918
r
3
50,000
Water loan (Metropolitan) '95 3%g
& J July 1, 1935 7,000,000
'97 3isg
do
do
& J July 1, 1935 6,000,000
'98 3is
do
do
& J Jan. 1,1938 4,000,000
do
'9V00 c 3g
dj
& J July 1, 1939 4,0u0,000
do
do
1901 3g
& J Jan. 1. 1941 3,000,000
2-96
Temporary loan
Nov. 15, 1901 1,000,000
PAR VALUE OF BONDS.—The coupon bonds are in $500 and
$1,000 pieces and the registered $1,000 and upward.
INTEREST on all sterling bonds is payable by Baring Brothers,
London on all others at State Treasury, at Boston.
1,
1,
1,
1,
1,
Sept. 1,
Sept. 1,

N

M&N
M&N
M&N

A&O
M

M&S
M&S

.

TOTAL DEBT, SINKING FUNDS, EtcJan. 1, 1901. Ju>,e 1, 1900. Jan. 1, 1900. Jan. 1, 1899.
Tot. funded debt.$66,039, 835 $64, 217, 950 $67,456,229 $59,786,229
Sink, funds, etc.. 18,223,404
12,839, 5^0
15,767,137
15,194,152

Net debt. ...$47,816,431

$51,378,360

$51,689,092

$44,592,076

ASSESSED VALUATION.— The State's assessed valuation has been

dr. e. w. shtpman, Mayor.

Water Bonds—
4a, Aug. 1,
4s, Sept. 1,

gM
M

-v

Outstand'g.

;

CITY PROPERTY.— The

This city

When Due.

M&N

Bonded debt

$40,000*
1904 to 1919
($10,000 due every 5 yrs. in Nov.)
$30,000*
May, 1925
4s,
Nov., 1925
4s,....,
5,000

Priyicipal.

.

A&O
A&O

4g,
4g,

4s,

Interest.

P. CI. Payable.
r 3*2
& N
c 3*2 g
&
r 3 g
3>«

M&S
M&8
M&S
M&S

.

RUTLAND.—Will.
This city

,

do
do
do
do

do
do
do
do

1,

.

interest, in gold.

Abolition of grade crossings

960,000
Total v aluati n 1899
190J. $19,000 Tot.taxrate(per$l,000)'99.$1600
2,013
Other debt
15,500 Population in 1900 was
Total debt Feb. 1, 1900.
64,500
INTEREST is payable at Village Treasurer's office.
(Subject to call after 1900.)

Bonded debt Feb.

and

of April, 1895,

LOANS-

of Redemption, Boston.

Tax valuation,
Tax valuation,

1901-22

1,

HISTORY OF DEBT.—For

and City Supplement

Rutland County.

in

is

Boston

sessions are not limited as to length of time.

cipal

Bank

8,315

1st

NAME AND PURPOSE.

This
PROCTOR. —When Due.
4s,

and

When Due. Floating d-bt

LOANS—

Water & Elec.-Light Bonds—

of Original Thirteen

Wed. Jan.,1902)-W. Murray Crane
Secretary of State (termexp. 3d Wed. Jan.. 1902; Wm. M. Olin
Treasurer (term expires 3d Wed. Jan., 1902) Edw. S. Bradford
Auditor (tern expires 3d Wed. Jan. 1902), Henry E. Turner
Legislature meets annually the first Wednesday in January,

Governor (term expires

INTEREST

MORRISVILLE.— F.

One

Total area of State (square miles)

Water Bonds—
3s,

...

Etc.

....
--------

as a State

1

Apr. 1,1919

$40,000

ITS

Valueof water-wks.owned.167, 07
real estate owned. 138, 000
do
4,160
Population in 1890 was
6,266
Population in 1900 was

Refunding Bonds—

3%s,

State of Massachusetts,

4s,

(Subject to call after Oct.
4s,

Street Bonds—
1917
J&J, $15,000
Bonded debt Feb. 1,190 1. $164,500

When Due.

LOANS—

School bonds—
3i 5 A&O, $30,000

15

BlfiTZ,

5,656
1,129
1.141
1,334
1,454
1,874
1,508
1,540
2,557

as follows, the value of State property in 1899 being $22,809,912.
Tears.
Real Estate.
*Personal Provcrty.
Total.
1900
$1.56-2,983,689'
$2,315,687,381
$3,878,671,070
1899
2,247.094,547
1,515,605,757
3,762,700,^04
1898
2,182,596,651
1,371,419,131
3,554,015,782
1897
2,117,888,637
1,340,093.517
3,457,982,154
1896
2,040,200,644
1,330,153,356
3,370,354,000
1895
1,964,834.106
1,304,513,417
3,269,352.523
1894
1,222,1 9 1..
1,898,855,000
3,121,049,557
1893
1,839,663,813
2,911,671,346
1,072,007,533
1892
2,797,267,723
1,753,655,698
1,043,612,025
1890
2,613,215.1:17
1,013,077.330
1,600,137,807
1885
2,115,037,609
1,287,993,899
827,043,710
1880.
1,111,160,072
1,927,855,430
816,695,358
Includes, beginning with 1894, sundry small items not previously
counted.
POPULATION OF STATE.— Massachusetts has the largest population of any of the Now England Stat
1900
523,159
2,805,346 I860
1,231,066 1820
1890
994,514 1810
472,040
2,238,943 1850
42-2,845
1880
7H7.C.99 1800
1,783,085 1840
1870
610,408 1790
1,457,351 1830
378,787
DEBT LIMITATIONS.—There seems to be no provision in the Constitution of Massachusetts limiting the power of the Legislature to
create State indebtedness, or limiting its power to authorize municipal
indebtedness. Statutes general and special have, however, been passed
on this subject with respect to Cities and Towns.
First among these Statutes needing mention we have Chapter 29 of
the Revised or "Public Statutes." The important sections to be cited
-

:

10

ST/*T£

ylflj)

CITY

contained in Chapter 29 are as follows. We give only the substance
of the sections, not the words.
Section 1— Provides that cities and towns shall not incur debt
except in the manner and within the limitations prescribed in this
chapter.

—

Section 2 Provides (as a preliminary for determining whether the
limitation fixed by section l has been readied by any municipality)
that the water debt and the sinking funds shall be deducted from the
total debt.
Section 3— Provides that the first 17 sections of chapter 29 shall not
apply to debts incurred in aid of railroads, to water scrip issued under
special statutes, or to indebtedness for a tire district.
Section 4—Provides that no city or town except as provided in the
following section shall become indebted in an amount which exceeds 3
per cm I an the last preceding ruination [but amended as noted below.]
Section 5 Provides that cities and towns which were indebted on
the 13th day of June, 1875, to an amount not less than 2 per cent on
valuation for that year may " increase such indebtedness to the extent
"of an additional one per cent on that valuation and no more."
Section 6— Provides that cities, tVc, "may by ordinary vote incur
debts for tempory loans" in anticipation of the year's taxes and of the
year's taxes next ensuing.
Section 7— Provides that other debts than those referred to in
section 6 shall be incurred only by a vote of two-thirds of the voters
present at a town meeting, of two-thirds of all the members of each
brand) of the city council, and approved by the Mayor; or if the Mayor
disapproves, by another like vote after notice of such disapproval.
Section 8— Provides that debts incurred for water must be payable
within 30 years; in constructing sewers within 20 years; all other debts
within 10 years.
Sections 9 to 17 inclusive, contain interesting provisions relating to

—

sinking funds and other allied matters.
Section 18— Provides that any city which at a meeting of its voters
has accepted by a two-thirds vote any act to supply said city with
water, may by a vote of a majority of the members of each branch of
the city council contract debts and issue bonds for the purpose.
Section 19—Provides that towns, &o., shall not increase their debt
by subscriptions in aid of railroads beyond 3 per cent of valuation but
the limitation ot this section shall not apply to temporary loans mentioned in Section 6
Sections 20 to 23, which are the final ones of Chapter 29, have no
reference to the subject we are discussing and need not be cited.
As the reader has seen, the foregoing (Section 4, Chapter 29) fixes the
general debt limitation for cities and towns at 3 per cent.
This general limitation was lowered by a later law. The provision is
found in Chapter 312, Section 2 of the Laws of 1885, which provision
reduces the general debt limitation of cities from 3 per cent to 2^ per
cent on the average valuation for the preceding three years. Worcester,
Lynn, Gloucester and Brockton are in the same Section exempted from
the operation of the Section until January 1, 1889— later than 1889 the
only exemptions we find in the Statutes are special in their purpose,
not general. In 1893, however, authority was given for an addition of
H per cent, to provide public playgrounds— that is to say, under Chapter 225, Laws of 1893, any town or city (except Boston) may incur an
indebtedness of \% of the assessed valuation beyond the limit of in;

debtedness for playgrounds

The temporary loans provision, as it appears above in Section 6
(Chapter 29), is also changed by Section 4, Chapter 312, by omitting
"and of the year next ensuing " so that at present cities and towns by
ordinary vote can incur debts for temporary loans in anticipation of
the taxes of the year only in which such debts are incurred.
Temporary loans (for a term not exceeding one year) in anticipation
of money to be derived from an issue of bonds or other form of indebtedness, duly authorized, are provided for by a statute approved June
14, 1898. The same Act states that the time within which said bonde,
etc., shall become due shall not be extended by reason of said tempor.
ary loan.
The foregoing statements cover all the material facts general in their
application passed with respect to debt limitation.
In addition to
these General Provisions there are various Special Laws which contain
exceptions to the general law as to debt limitation, which apply to
Cambridge, Lynn, Newburyport, Waltham, Worcester, &c, &c.
Boston was formerly subject to a special statute (Chapter 178 of the
Laws of 1885) limiting its debt to 2 per cent, but this was repealed by
Chapter 399 of the Acts of 1900, and that city is now subject to Chapter 312 of the Laws of 1885 as above.
;

SAVINGS BANK INVESTMENTS-POWERS AND RESTRICTIONS.—The provisions regulating the investments and loans of

savings banks and institutions for savings in Massachusetts are contained in Section 21, Chapter 317, acts of 1894, and amendments
thereof. All the provisions have been compiled by the Commissioners
of Savings Banks, and we cannot do better than to give their compilation, which we do below in full. In 18i'H the authority to purchase
railroad bonds was mateiially broadened. The amendment is included
in the provisions below.
Massachusetts savings bank deposits and the income derived therefrom shall be invested only in manner following, to-wit:
Public Fund*.—Aggregate of Investments Unlimited.
Bonds of the United States.
Bonds of any of the New England States.
Bonds of the States of New York, Illinois, Pennsylvania, Ohio, Indiana, Iowa, Wisconsin, Michigan, Minnesota, Missouri and of the
District of Columbia.
Bonds or notes of any county, city or town of this Commonwealth.
Bonds or notes of incorporated districts in Massachusetts whose net
indebtedness* does not exceed five per cent of the last preceding valuation of the property therein for the assessment of taxes.
Bonds or notes of any city of the States of Maine, New Hampshire,
Vermont, Rhode Island or Connecticut whose net indebtedness* does
not exceed five per cent of the last preceding valuation of property
therein for the assessment of taxes.
Bonds or notes of any county or town of the States of Maine, New
Hampshire, Vermont, Rhode Island or Connecticut whose net indebtedness* does not exceed three per cent of the last preceding valuation of
property therein for the assessment of taxes.
Bonds issued for municipal purposes, and refunding bonds issued to
take up at maturity bonds which have been issued for other than municipal purposes, but on which the, interest has been fully paid, of any
city of the states of New York, Ohio, Illinois, Pennsylvania, Indiana,
Michigan, Iowa, Minnesota, Missouri and Wisconsin, having at the dale
of such in\ eMment more than 30,000 inhabitants, as established by
the last national or State census (or city census certified to by the city
clerk or treasurer of said city, and taken in the same manner as a
national or State census preceding such investment), and whose net
Indebtedness* does not exceed five per cent of the last preceding valuation of property thereto for the assessment of taxes.
Itallrouri HoimIn and Note*,—'Aggregate of Investments Unlimited
First mortgage bonds of any railroad company Incorporated under the
authority of any of the New England States whoso road is located

—

SUmSMSNT.

Vol.

LXXII

wholly or in part therein, which is in possession of and operating its
road, and which has earned and paid regular dividends of not less
than 3 per cent per annum on all its issues of capital stock for the two
years next preceding such investment or in the first mortgage bonds,
guaranteed by such railroad company, of any railroad company so incorporated whose road is thus located.
First mortgage bonds of any railroad company incorporated under
the authority of any of the New England states and whose road is
located wholly or in part in the same, and has earned and paid regular
dividends of not less than 3 per cent per annum for the two years next
preceding such investment on all its issues of capital stock, notwithstanding the road of such company may be leased to some other railroad

own

;

company.

Bonds or notes of any railroad company incorporated under the laws
Commonwealth, whose road is located wholly or in part therein,
unencumbered by mortgage, which has paid a dividend of not less than
five per cent per annum for two years next preceding such investment.

of this

Street railway companies shall not be eonsxaered railroad companies
within the meaning of this section.
Bonds and notes of the New York New Haven & Hartford Railroad
Company, issued according to law, notwithstanding the existence of a
mortgage indebtedness not matured upon the whole or a part of the
road of said railroad company.
Bonds or notes of the Old Colony Railroad Company, issued according to law, notwithstanding the mortgages on that part of its road
formerly belonging to the Boston Clinton Fitchburg & New Bedford.
Bonds and notes of the Fitchburg Railroad, issued according to law.
Bonds and notes of the Boston <fe Lowell Railroad Corporation, issued
according to law, notwithstanding the mortgages on that portion of its
road formerly belonging to the Salem & Lowell and Lowell & Lawrence.
First mortgage bonds of the Concord & Montreal Railroad, notwithstanding such company be formed by the union of two or more companies only one of which has paid regular dividends for the two years
next preceding such investment on all its issues of capital stock, and
notwithstanding the mortgage indebtedness existing on that part of its
road formerly belonging to the Boston Concord & Montreal Railroad
prodded, however, that said bonds shall be issued in whole or in part to
renew and refund said existing first mortgage indebtedness, and that
an amount of such bonds equal at the par value to the amount of such
existing mortgage indebtedness shall, by the terms of the mortgage securing the same, be made applicable exclusively to the payment of such
existing mortgage indebtedness and, for the purpose of securing such
payment at the maturity of the same, shall be deposited with and held
by such trust company, incorporated under the laws of this Commonwealth and doing business in the city of Boston, as may be approvedby
the board of commissioners of savings banks.
In the bonds of the Maine Central Railroad Company known
as consolidated mortgage bonds, notwithstanding the existence
of a mortgage indebtedness not matured upon the whole or
a part of the road of said railroad company: provided, however,
that said bonds be issued in whole or in part to renew and
refund said existing first mortgage indebtedness, and that au amount
of such bonds equal' at the par value to the amount of such existing
mortgage indebtedness shall, by the terms of the mortgage securing the
same, be made applicable exclusively to the payment of such existing
mortgage indebtedness and for the purpose of securing such payment
at the maturity of the same, said bonds shall be deposited with and held
by such trust company, incorporated under the laws of this Commonwealth and doing business in the city of Boston, as may be approved by
the board of commissioners of savings banks.
Bonds or notes of the Bostou & Maine Railroad, issued according to
law, notwithstanding any mortgages on that part of its railroad, franchises and property formerly belonging to the Eastern Railroad Company, the Eastern Railroad in New Hampshire or the Portsmouth
Great Falls & Conway Railroad.
Bonds of the New York & New England Railroad Company issued
according to law, and for the payment of the principal and interest of
which first mortgages, made as provided in chapter three hundred and
one of the acts of the year eighteen hundred and eighty-eight are held
as collateral security under an indenture of trust duly made aud
entered into for that purpose
provided, that the amount of the
bonds so issued shall not exceed the amount of the mortgages so held
in trust, and that no one of said mortgages shall exceed in amount
sixty per cent of the value of the real estate thereby mortgaged and
no investment in said bonds shall be made by any such corporation
except upon the report of not less than two members of the board of
investment, who shall certify to the value of the premises covered by
each of said mortgages according to their best judgment, and such
report shall be filed and preserved with the records of the corporation.
When the Urst mortgage indebtedness to the amount of three hundred and fifty thousand dollars, now existing upon that portion of the
railroad of the -Bostou Revere Beach & Lynn Railroad Company
lying between Bostou and Lynn in this Common wealth, and maturing
on the fifteenth day of July in the year eighteen hundred and ninetyseven, shall have been discharged, savings banks and institutions for
savings in this Commonwealth may invest their deposits and the income derived therefrom, in the bonds of said company issued according to law, notwithstanding the existence of the present mortgage
indebtedness, not matured, upon that part of its railroad, franchise
and property, formerly belonging to the Boston Winthmp & 8hore
;

:

;

Railroad Company.
In the legally-authorized bonds of the New York Central & Hudson River Railroad Company, of the Michigan Central Railroad
Company, of the Lake Shore & Michigan Southern Railway Company,
of the Illinois Central Railroad Company, of the Pennsylvania Railroad Company, of the Delaware Lackawanna & Western Railroad
Company, of the Chicago Burlington & Quincy Railroad Company, of
the Chicago & North Western Railway Company and of the
Delaware <fe Hudson Canal Company: provided that all such bonds
shall be secured by a first mortgage of the whole or a part of the
railroad and railroad property actually in the possession of and
operated by such company; and provided further that each railroad whose bonds are hereby authorized for investment shall have
earned and paid regular dividends on all its issues of capital stock of
not less than four per cent each fiscal year for the ten years next preceding such investment, and that such capital stock shall equal or
exceed in amount one third of the par value of all its bonded indebtedness.
In the legally-autherized bonds of any railroad company Incorporated under the authority of the States of New York, Pennsylvania, Ohio, Michigan, Indiana, Illinois or Iowa whose road is located
wholly or in part in the same, and has earned and paid regular dividend of not less than four per cent per annum on all its issues of
capital stock for the ten years preceding such investment: provided
said bonds be secured by a tlrst mortgage of the whole or a part of the
railroad and railroad property of such company, and be guaranteed,
both principal and interest, by one or more of the companies named
In the first olause ot this Act.
By the provisions of Section 4 of Chapter 516 of the Acts of 1896,
i»i corporal in g the Boston Terminal Company, savings banks and institutions for savings were axithorized to invest in the mortgage bonds of
that toiiipanij.

Hank Stock.— Th ir/y-fi re per cent of deposits, both as loans and
investments.— Stock of any bank incorporated under the authority of this

Commonwealth.
Stock of any national bank located

in

any of the

New England

States.

Stock of any trust company, or safe deposit and trust company,
incorporated under the laws of and doing business within this Commonwealth, as provided for in chapter four hundred thirteen of the
acts of the year eighteen hundred eighty-eight, or of those trust companies, or safe deposit and trust companies, incorporated as such by

:

;

April,

/W

lvr^SS^CtfUSETTS-ClTIES

1901

special charters granted under llie laws of and doing business within
this Commonwealth, whose special charters require them to provide
the same security as prescribed in sections thirteen and fourteen of
said chapter four hundred thirteen.
Holdings, bg way of investment or as security for loans, in the stock of
am/ one haul:, trust company, or safe deposit and trust company not to
exceed llireeper coil of deposits nor more than $100,000, nor an amount
exceeding one-quarter of the capital stock thereof.
Ileal Estate for Bankinir Purposes.—iFfoe per cent of deposits
but not exceeding k 200,000.— For the purpose of a site and the erection
or preparation of a suitable building for the convenient transaction of
its business,
Real Estate by Foreclosure.— May hold real estate acquired by
foreclosure or otherwise; same to be sold within live years after the
Commissioners may in certain oases,
title is vested in the corporation.
upon petition of the board of investment, grant an additional time
within which such real estate shall be sold. See Chapter 77, Acts of

Loans on Real Estate.— Seventy per cent/of ichole amount o)
deposits.— First mortgages on real estate situated in this Commonwealth, to an amount hot exceeding sixty per cent of the valuation
thereof, no loan to be made except upon report of not less than two
members of the board of investment, who shall certify to the value of
the premises to be mortgaged, such report to be filed and preserved
with the records of the corporation.
Loans on Personal Security.— Thirty-three and one-third per cent
of deposits and income. Bonds or other personal securities, payable
and to be paid at a time not exceeding one year, with at least two
sureties, if principal and sureties are all citizens of and resident in this
Commonwealth, provided that the total liabilities to any such corporation of any person, partnership, company or corporation for money
borrowed upon personal security, including in the liabilities of a partnership or company the liabilities of the several members thereof, shall
at no time exceed five per cent of such deposits and income.
Loans on Railroad Stock —Aggregate of Investments Unlimited.
—Notes of citizens of tliis Commonwealth, with pledge as collateral of
the stock of any railroad company incorporated under the authority of
any of the New England States whose road is located wholly or in part
therein, which is in possession of and operating its own road, and
which has earned and paid regular dividends of not less than Ave percent
per annum on all issues of its capital stock for five years next preceding
the date of such note or notes or any renewal thereof, at no more than
seventy-five per cent of the market value thereof, such note or notes to
be made payable on demand and to be paid or renewed within one year
of the date thereof.
Note or notes of any citizen of this Commonwealth, with a pledge as
collateral of shares of the capital stock of the Boston & Lowell Railroad Corporation; of the Boston & Providence Railroad Company; of
the Connecticut River Railroad Company, and of the Old Colony Railroad Company, notwithstanding the road of each of said companies
may be leased to some other railroad company; such note or notes not
to exceed in any case seventy-five per cent of the market value of
the securities pledged, and to be made payable on demand, and to be
paid or renewed within one year of the date thereof.
Street railway companies shall not be considered railroad companies
within the meaning of this section.

—

Loans on Public Funds Aggregate of Investments Unlimited—
Notes of any citizen of this Commonwealth, with pledge of the bonds of
the United States any of the New England States State of New York
bonds or notes of any city, county or town of this Commonwealth;
bonds or notes of any city of the States of Maine, New Hampshire, Vermont, Rhode Island or Connecticut whose net indebtedness* does not
exceed five per cent of the last preceding valuation of property therein
bonds or notes of any county or town
for the assessment of taxes
thereof whose net indebtedness* does not exceed three per cent of such
;

;

17

TQW1NS.

may be approved by the board of commissioners of savings banks.
In the bonds of the Maine Central Railroad Company known as
consolidated mortgage bonds, notwithstanding the existence of
a mortgage indebtedness not matured upon the whole or a
part of the road of said railroad company: provided, however,
that said bonds be issued in whole or in part to renew and
mortgage indebtedness, and that
refund said existing first
an amount of such bonds equal at the par value to the amount of such
existing mortgage indebtedness shall, by the terms of the mortgage
securing the same, be made applicable exclusively to the payment of
such existing mortgage indebtedness; and for the purpose of securing
such payment at the maturity of the same, said bonds shall be deposited with and held by such trust company, incorporated under the laws
of this Commonwealth and doing business in the city of Boston, as
may be approved by the Board of Commissioners of Savings Hanks.
Bonds or notes of the Boston cfc Maine Railroad, issued according to
law, notwithstanding any mortgages on that part of its railroad, franchises and property formerly belonging to the Eastern Railroad Company, the Eastern Railroad in New Hampshire or the Portsmouth
Great Falls & Conway Railroad.
First mortgage bonds o( the Boston Terminal Company.
In the notes of any citizen of the Commonwealth with a pledge as
collateral of any of the securities mentioned above under Railroad
Bonds and Notes in the two paragraphs next t<> the last.
Loans not to exceed the par value of the securities pledged.
Stock.— Thirty-five percent of deposits both asloans
Loans oi
and in vest me
ments. Notes of any citizen of this Commonwealth, with a
pledge as collateral of the stock of any bank incorporated by this
Commonwealth; or the stock of any national bank located in any of
the New England States; or the stock of any trust company, or safe
deposit and trust company, incorporated under the laws of and doing
business within this Commonwealth, as provided for in chapter four
hundred thirteen of the acts of the year eighteen hundred eighty-eight,
or of those trust companies, or safe deposit and trust companies, incorporated as such by special charters granted under the laws of and
doing business within this Commonwealth, whose special charters require them to provide the same security as prescribed in sections thirteen and fourteen of said chapter four hundred thirteen.
Loans to be made at no more than eighty per cent of the market value
of the slock pledged, and not exceeding the par value (hereof.
Holdings, by way of investment or as security for loans,' in the stock of
any one bank, trust company, or safe dej)osit and trust company, not toexceed three per cent of deposits, nor more than $100,000, nor an amount
exceeding one-quarter of the capital stock thereof.
Loans to Depositors—Aggregate of Investments Unlimited. Personal notes of depositors in the corporation, but not exceeding onehalf of the amount of his deposit to a depositor, with pledge of deposit
and book of such depositor as collateral security.
Deposits in Itnuks.— Aggregate of Investments Unlimited.—May
deposit sums of money, on call, in any bank incorporated under the laws
of this Commonwealth, or in any national bank located in any of the
New England States, or in any trust company, or safe deposit and trust
company, incorporated under the laws of and doing business within
this Commonwealth, as provided for in chapter four hundred thirteen of the acts of the year eighteen hundred eighty-eight, or in those
trust companies, or safe deposit and trust companies, incorporated as
such by special charters granted under the laws of and doing business
within this Commonwealth, whose special charters require them to
provide the same security as prescribed in sections thirteen and fourteen of said chapter four hundred thirteen, to an amount not exceeding five per cent of total deposits in any one such bank or company,
but such deposits shall not exceed in amount twenty-five per cent of
the capital stock and surplus of such depositary.

of Boston, as

mBank
—

—

;

valuation.
Loans not

to

exceed the par value of the securities pledged.

Notes of any citizen of this Commonwealth, with a pledge as collateral
of the bonds of the States of Pennsylvania, Ohio, Michigan, Indiana, Illinois, Wisconsin, Iowa, Minnesota, Missouri and of the District of Columbia; of any city of the aforesaid States and the State of New York, issued
for municipal purposes, and refunding bonds issued to take up at maturity bonds which have been issued for other than municipal purposes, but
on which the interest has been fully paid, which has at the date of such
investment more than 30,000 inhabitants, as established by the last
national or State census, or city census taken in the same manner as a
national or State census, whose net indebtedness* does not exceed five
per cent of the last preceding valuation of the property therein for the
assessment of taxes.
Loans not to exceed eighty per cent of the market value of the securities
pledqed.

Loans on Railroad Bonds. —Aggregate of Investments Unlimited.
— Notes of any citizen of this Commonwealth, with a pledge as collateral

of any of the following securities, viz.: First mortgage bonds of any
railroad company incorporated by any of the New England States,
whose road is located wholly or in part therein, which is in possession
of and operating its own road, and which has earned and paid regular
dividends of not less than 3 per cent per annum on all its issues of
capital stock for two years next preceding such investment.
First mortgage bonds, guaranteed by such railroad company, of any
railroad company so incorporated, whose road is thus located.
Bonds or notes of any railroad company incorporated under the laws
of this Commonwealth whose road is located wholly or in part in the

same, which is unencumbered by mortgage, and which has paid a dividend of not less than five per cent per annum tor two years next preceding such investment.
First mortgage bonds of any railroad company incorporated under
the authority of any of the New England States and whose road is
located wholly or in part in the same, and has earned and paid regular
dividends of not less than 3 per cent per annum for the two years next
preceding such investment on all its Issues of capital stock, notwithstanding the road of such company may be leased to some other rail
road company.
Bonds and notes of the New York New Haven & Hartford Railroad.
Bonds or notes of the Old Colony Railroad Company.
Bonds or notes of the Fitchburg Railroad Company.
Bonds or notes of the Boston & Lowell Railroad Corporation.
First mortgage bonds of the Concord .fc Montreal Railroad, notwithstanding such company be formed by the union of two or more
companies, only one of which has paid regular dividends for the
two years next preceding such investment on all its issues of
capital stock, and notwithstanding the mortgage Indebtedness existing
on that part of its road formerly belonging to the Boston Concord*
Montreal Railroad provided, however, that said bonds shall be issued
In whole or in part to renew and refund said existing first mort s
Indebtedness, and that an amount of such bonds equal at the par value
to the amount of such existing mortgage Indebtedness shall, by the
terms of the mortgage securing the same.be made applicable exclusively to the payment of such existing mortgage indebtedness and. for
the purpose of securing such payment at the maturity of the same,
shall be deposited with and held by such trust company, incorporated
under the laws of this Commonwealth and doing business in the city
:

•The term "net Indebtedness "used of city, town or district

in

any

statute limiting or regulating the investment of the deposits in savings
banks and trust; companies, or other like funds, ahalfbe construed to
denote the Indebtedness of such city, town or district omitting the debt
created for supplying the inhabitants with water, and deducting the
amount of sinking funds available for the payment of such indebted-

ness

Cities,

Counties and Towns
THE

IN

STATE OF MASSACHUSETTS.
Note.— For places not given in alphabetical order among the following
statements, see " additional statements " at the end of this Stale.
AGGREGATE MUNICIPAL INDEBTEDNESS.
The gross interest-bearing debt of all municipalities of the State was
$181,471,134 on May 1, 1900, at an average interest rate of about 4
per cent. The amount raised by taxation for interest alone in 1900 was
estimated at $7,258,845.
The following table shows the aggregate assessed valuation as
returned by the local assessors, the aggregate net debt of all the
municipalities of the State, and the percentage of the same, for the
years indicated
Aggregate
Tear.
Valuation.
Net Debt.
Percentage.
1900
4-4
$2,961,119,947
$131,016,743
4-4
1899
2,876,021,* 2 2
128,051,487
1898
2,764,242,784
121,385,139
43
1897
2,702,328,054
115,798,889
42
1896
2,622,520,278
104.702.875
39
1895
3"8
2,542,348,993
98,511,920
1894
2,471,521,505
87,786,918
35
1893
2,428,339,029
80,125,652
32
1892
2,333,025,090
76,483,323
32
1891
3*2
2,245,042,273
73,066,660
1890
2,154,134,626
70.742,786
32
1885
1,782,349,143
63,306,213
35
1880
4"3
1,584,750,802
68.512,929
1875
1,840,792,728
71,784.006
38
1871
1,497,351,686
39,421.298
26
.

.

ABINGTON.— G.
This town

is

in

Farrar, Treasurer.

R.
Plymouth County

LOANS—

Watkk Loan—

When Due. Bonded d'bt Jan.l0,1901.$122,00O
Floating debt
7,167
Total debt Jan. 10, 1901. 129,167
Tax valuation 1900
2,41 3,897
Prop'ty is assessed at actual value.
Total tax (per $1,000) 1900.$19*10

May, #80.000.. May 1, 1901 to
($5,000 due yearly). .May 1, 1916
4s, Jan.,$17,000....Jan. 1, 1902 to
($1,000 due yearly) Jan. 1. 1918
4s, MAN, $24,000... May, Iy23-'o0
4s,

INTER EST

Population in 1900 was
4,489'
Population in 1890 was
4,260
is payable in Boston at the National Bank of Redemption.

ADAMS. — This town
NOTES—
I-,

AAO,

...,

,

.f

20,000.. Oct. 3, 1902-05
6.500 ...Oct. 1, 1901

.......

.,

40,000

...,

.,

;,000

..

Adams Fire
5s, A&O,
4s, AifcO,

is in

Berkshire County.

When Due.

Dist.

Oct
Oct

6,
3,

1906
1907

Wat. Bonus

$70,000.. ..Oct., 1901-11
30,000.... Oct., 1909-14

j

|

I

I

Adams Fiki: Disr. Wat. Bds.— Con.
AAO. $7.500... Oct. 4, 1904
Town debt May 1, 1900. $102,4 50

4f>,

Fire district debt (add'l)

107,500
5.0^1,877
Total tax (per $1,000) 1900. $1900
Population in 1900 was
11,134
Population in 1890 was
9,213

Tax valuation 1900

|

I

|

.

.

18
AGAWAM.-Judson
County.

ST#T£

£fll>

CITY 8Uf ftEM£NT.

W. Hastings, Treasurer
Agawam is in Hampden
$7,051
Wlien Due. Sinking fund
LOANS—
Town Notes for Schools, Netdebt Apr. 1, 1901.... 32,949

1,201, MO
Tax valuation, real
Tax valuation, personal. 188,672

Roads, Bridges—
On demand.
«s, March, $2,000
4s, J&D, 25,000. ...Junel, 1914
1901-1904
4,000
4s, J&D,
($1,000 due yearly on June 1.)
4s, J&D, $5,000.... June 1, 1905
1910
4,000
4s, J&D,

Total valuation 1900... 1,390, 182
Property assessed at actual value.
$15-60
Tax (per $1,000), 1900
2,536
Population in 1900 was
2,352
Population 1890 was
2,216
Total debt April 1, 1901... $40,000 Population 1880 was
INTEREST onnotes due in 1914 is paid in Boston; on those due on

demand

Agawam; on

at

a tv/tttcdttdv
AlVltL,Sr3UJrC I

Amesbury township

is

LOANS—

Funding Bonds

others at Springneld.

all

PORTER SARGENT,

—Essex
<

.

COLLINS,

^jj. E.

Treasurer.

in

Tax

:

1, 1901....

valuation, real

$89,479
4,156,863

1902-1912 Tax valuation, personal. 1,064,1 65
4s, J&J, $71,000
($23,000 in 1902. $23,000 in 1907, Total valuation, 1900. .5,221,028
Assessment about 4 s actual value.
$25,000 in 1912).
T'l bond.debt Jan. l.'Ol.. $71,000 Total tax rate (per M.) 1900.$15-40
Floating debt
37,100 Population in 1900 was
9,473
Total debt Jan. 1,1901.. 108,100 Population in 1890 was
9,798
Sink, fund assets
18,621

is

Total debt Feb. 20, 1901. $100,000
Railroad Bonds—
Total valuation 1900.... 3,201,414
Assessment about actual value.
4^s, J&J, $13.000
Nov. 7, 1901
Refunding Bonds—
Total tax (per $1,000) 1900. $17-00
5,028
4s, g., J&J, $50,000 ...Jan. 1, 1920 Population in 1900 was
Population in 1890 was
4,512
Wlien Due.

\

ANDOVER.
town
Essex
This

is

GEO.

I

PARKER,

A.

Sewer Bonds—

1901-1904
Park notes, $6.800
Memorial Hall notes ...
$25,000
.

Town

35,000
270,000
Floating debt
73,345
Total debt Jan. 14, 1901 343,345
Sinking fund
33,937
Netdebt Jan. 14,1901... 309,408
Tax valuation 1900
5,069,671
Real valuation (est.)
5,500,000
notes

Bond, debt Jan. 14, 1901

J&D, 15,000. ..June 1,1905
Water Bonds —

4s

M&N,

Clerk.

Park Notes—

Junel, 1903
4s, J&i>, $80,000
($10,000 in 1903, $20,000 in 1908
and 1913 and $30,000 in 1928.)
3Vi, A&O, $30,000.... Oct. 1, 1904

Nov.1,1901 to
Nov. 1, 1918
Nov. 1, 1919
4s, M&N, $15,000
10,000
June 1, 1922 Tax rate (per $1,000) 1900.. $1550
4s, J&D,
June 1, 1923 Population in 1900 was
10,000
4s, J&D,
6,873
15,000.... June 1, 1925 Population in 1890 was
4s, J&D,
6,142
5,000
June 1, 1928
4s, J&D,
NTEREST is payable at the Nat. Bank of Commonwealth, Boston.
$90,000..

)

($5,000 due yearly)

S

4s,

4i2S,A&0,$',000

1901
4s, M&S,
Meh. 1 1902
1 ,000
4s, J&D,
Dec. 1,1901
2,700.
($1,350 due yearly) to Dec. 1, 1902
4s, J&D, $40,000
Junel, 1917
Oct.

3 ~»8, J&D, 8,000..June, *01 to '08
3 ^s, J&D, 30, 000.. June, '09 to '23

Sewer Loan—
M&N, $18,000

Nov. 1, 1924
July 1,1926
J&D,
Junel, 1927
Street & Fire Dept. Loan—
4s, J&D, $2,800
Junel, 1901
($500 y'rly to 1905; $300 in 1906.)
4s, A&O, $25,000
Oct. 1, 1908

J&J,

9,000
6.000

4s,

J&D,

4,500.. June, '01, to '09

Electric Light Bonds—
4s, J&D, $14,000
June 1, 1928

BERKSHIRE
4s,
4s,

M&N,

Fire Dept. Bonds—
J&D, $3,500. June l.'Ol,

Water Loans—
4s,

J&D,

\

|

1901
1907
June
1901
June
1909
Aug.
1925
July
1926
Dec.
1926
Junel, 1929
1,
1,
1,
1,
1,
1,
1,

J&D, $4,500
($500 due yearly) to
4s, F&A, $8,000
4s, J&J,
6,000
4s, J&D,
5,000
7,000
4s, J&D,
Interest is payable in Boston.
Bonded debt Jan. 1, 1901 $ .216,750
Water debt (included)...
42,750
Tax valuation, real
3,835,740
Tax valuation, pers'l
1,375,985
Total valuation 1900
5,211,725
Assessment same as actual value.
Total tax (per 1,000) 1900 $1680
Population in 1900 was
3,929
Population in 1890 was
2,098
4s,

CO.- -Geo.

H. Tucker, Treas.

Refunding Notes— (Con.)

M&N, $5,000 ....Nov. 1,1905
Interest payable at Pittsfield.
Total debt Jan.l. 1901... $100,000

3s,

1903
10,000... Dec. 31, 1901
Nov.

. . .

1,

On demand Tax

5,000

M&N, $10,000
M&N, 10,000

is

Aug.

($1,750 due y'rly) to Aug.

valuation 1900
58,834,603
Population in 1900 was
95,667
Population in 1890 was
81,108

Refunding Notes—
3s,
3s,

F&A, $12,250

to '17

is Pittsfield.

$60,000

3^8, J&D,

Treasurer.

4s,

1,
,

This city

County.
When Due.

in

LOANS—

Chenery,

L.

County

When Due.
LOANS—
Refund'g and School House—
4^8, A&O, $2,500
Oct. 1,1901
School House and St. Bonds—

Nov. 1, 1902
Nov. 1,1904
J

in

SAMUEL COLE,

\

BEVERLY.

Treasurer.

ABRAHAM MARLAND,

in Middlesex

When Due.
LOANS—
New County Building Debt—

in

LOANS—

is

County seat

AMHERST.— C. County
H. Edwards, Treasurer.
town
Hampshire
This

This town

4s,
4s,
4s,

Clerk.

County.
When Due. Netdebt Jan.

BELMONT.— W.

LXXII

Vol.

C. F.

Mayor.

LEE, Treasurer.

Essex County.

LOANS—

When Due. Bonded debt

Jan.l, '00. $1,090,000
Floating debt
60,000
July 1,1911 'lotaldebt Jan. l.'OO.. 1,150/00
4s, J&J, $793,000
Sinking fund
6s, ... ,
20,000
369,189
Park Bonds—
Netdebt Jan. 1,1900
780,311
... ... ,$25,000
Water debt (included)..
170,000
Sewer Bonds—
Water sink, fund (inc.).
44,040
1901-1909 Assessed val'n, real ...11,963,700
4s, J&J. $36.000
Water Loan—
Assessed val'n, pers'nal 4,129,^50
4s, F&A, $150,000 ...Feb. 1, 1917 Total valuation 1900 .16,093.250
20,000
(ax rate (per M.) 1900.
16 00
..,
School Bonds—
copulation in 1900 was
13,884
Dec, 1901-05 Population in 1890 was
5s, ....,$35,000
10,821

Town Bonds—

.-.

.

I

I

I

ARLINGTON.— B.
town
Middlesex
This

is

This town

Delmont Locke,

LOANS—

Water Works—

When Due.

4s,
4s,
4s,
4s,
4s,
4s,
4s,

M&N, $64,600

Nov. 1. 1913
22.000.Nov. 1,1901-05
35,000.. .June, 1901-09
2,698... Junel, 1910
56,150.. April, 1902-19

4s
4s,
4i,

,

4s

,

,

Sewer Bonds 1896—

48,

J&D, $100,000

4s

10,500

Junel, 1936

..

.,

Nov. 1, 1916
*15,000
Site Loan —
$52,000. .April 1, 1939

Town Hall
3^8

Jan. 1, 1912
Jan. 1, 1922
Apr. 1,1924

J&J, $91,000
J&J, 92,000
A&O, 92,000
A&O, 5,000
A&O, 15,000
A&O, 10,000

Oct. 1, 1926

Oct

1, 1928
1,1927
Oct.1,1925
$118,116

Oct.

A&O, 10,000

Other debts
Total debt Jan. 1, 1901. 762,465
Tax valuation 1900
8,748,206
Tax rate (per $1,000) 1900 $18-00
(Assessment at actual value.)
Population in 1900 was
8,603
Population in 1890 was
5,629

On demand

Park Loan —

4s.

,

FAY,
ATUnT
A n-KJi-.. — 5HENRIE HARRIS FO YE, C
GEORGE
town
Worcester
is

County.

situated in

LOANS—

Old Debt—

Grade Crossing Bonds—
J&J, $15,000
On demand
Sewer Loan (outside debt limit.)

When Due.

4s,

J&J, $19,000
Oct. 1,1901
(Part due yearly) to Oct. 1, 1905

4*88,

4a,

School Loans—

A&O, $7,000

Oct.

1,

1901

1,

1,

1924

1,

1901

A&O, $8,100

4s,
($ 1,350

,

(Part due yearly) to Oct.

July

($1,500 duo yearly) to Oct. 1, 1902

8cn.,ST.lMi\&F.AL\MLo N(Notes)
1905

4s,

J&J, $50,000

Engine House—
4^s & 4s, A&O, $3,000.Oct.

A&O, $L3,500

Oct. 1, 1901
(Part due yearly) to Oct. 1, 1904
4s, A&O, +4,000
Oct. 1, 1901
4s,

Oct. 1, 1901
y'lv) ....to Oct. 1,1906
Feb. 1, 1901.. $146,250

due

Total debt
Tax valuation 1900
4.161,080
Tax rate (per $1,000) 1900. $1680
Population in 1900 was
7,061
Population in 1890 was
6,319

Refunding Loan—
A&O, $8,250
1901-1908
9,550 .Oct. '06 to '10
3^8

3348,

,

1906- 910
3-20S.A&O, 8,850
The sewer loan is seeured by sink ns fund.
INTEREST is payable in Boston, Worcester, Greenfield and Athol.

ATTLEBOROUGH.-Fhaxk

Babcock,

I).

Treasurer.
This town, which is in Bristol County, was divided July 30, 1887,
and the outstanding bonded debt of $100,000 was apportioned $62,930
(sincepaidKo Attleborougb and $27,802 to No.Attleborough, which see.
When Dun.
Water Bonds— (Ooncl'd)—
LOANS
3Jj8,g, JA'J,i>12 000.. .July 1, 1930
Town Bonds—
.Jan. 1, 1906 34>s, g, J&J, 10,000.. .Jan. 1, 1921
4s, J&J, $50,000..
School Bonds 3^8, A&O, 20,000.... April 1, 1921
3i*a, M&N, $.10,000. .Nov 1, 1920 Bond debt Apr. 1, 1901.. $397,001

Water Bonds—

7s,
4s,
4s,
4s,

J&J, $40,000

A&O, 20,000
A&O, 20,000
M&S, 12,000

48, J&J,
4a, A&O,
48, J A- J,
4s, J&J,
4s, J&J,
4b, J&J,
4s, J&J,

3»«8,g,

20,000
25,000
35,000
40,000
25,000
10,000
13,000

1,

Fan.

1,

1919

Oct. 1,1922

July

1,
iul'v 1,
July 1,
July 1,

July

1,

J&J, 15,000.. ..July

1,

AYER.-E.

Floating debt
62,500
Total debt Apr. 1, 1901.. 459,500
Sinking fund assets
81,9 >2
Netdebt Apr. 1. 1901.... 377,508
Water debt (incl. above). 317,000
Water deot sinking fund
(incl. above)
54,979
Tax valuation, real
5,523,750
Tax valuation, peraonal.l,5K3,020
Total valuation 1900
7,086,770
Total tax per $1,000 1900. .$17-30

1901
Oct. 1,1902
Oct. 1, 1912
8ept.l, 1915

Jan.

'.

1923
1924
1926
1927
1928
1929

Population in 1900 was
Population in 1890 was

11,335
7,577

D. Stone, Treasurer.

This town is situated in Middlesex County.
Interest payable at Ayer.
Total tax (per $1 ,000) 1900.$1590
Tot.bond.debtFeb. 1,1901.$56,0:0 Population in 1900 was
2,446
Water debt (incl. above)... 54,000 Population in 1890 was
2,148
Assessed valuation 1900.1,511,302
I

|

I

|

A. King, Treasurer.

Middlesex County.
$30,000

$90,010

Bonded debt July 1/00.. 120,00')
15,28"«
Floating debt
Total debt July 1, 1900.. 135,285
.

INTEREST

is

nnCTn\T —

l3L->0 !L»iN

Sink'ng fund assets
$7,363
Netdebt July 1,1900... 127,922
Assessed valu'n, 1900... 2,077,284
Assessment about 80% actual val.
Tax rate (per M) 1900...
$13 50
Population in 1890 was
2,380
Population In 1900 was
2,775

payable in Boston by the Old Colony Trust Co.
$

.

\

THOMAS
ALFRED

N.
T.

HART, Mayor.
TURNER, City Treasurer.

The county of Suffolk, in which Boston is situated, contains also
the city of Chelsea and the towns of Revere and Winthrop. Boston,
however, receives all the county income, pays all the county expenses,
owns the county buildings, and is responsible for the county debt, which
amounted on Jan. 31, 1901, to $3,516,000. The details of this county
debt are included in the following financial report for this city.

LOANS-

Clerk.

^

This

in

Town Hall Bonds—
A&O, 30-yr
Water Bonds—
4s. M&N, 30-yr

Treasurer.

C.

L

is

4s,

School Loans—
4s,

Treasurer.

County,

in

BILLERICA.— H.

'•

.Oct. 1,1911
J&J,
90,000.. .Jan. 1,1912
3^8, A&O, 250,000.. .Oct. 1. 1917
21.000.. .Oct. 1. 1918
3 Hjs, A&O,
3^8, J&J, 130,000. July 1. 1919
3i28,J&J, 500,000. .Ju'y 1. 1937
3iss,J&J, 300,000. .Jan. 1. 1938
3>ss, J&J, 300,000. •July 1. 1939
4s, A&O,
10,000. .Oct. 1. 1934
10,000. .Oct. 1. 1935
4s, A&O,
30,000. .July 1. 1936
4s, J&J,
100,000.. .Oct. 1, 1936
4s, A&O,
3iaS,A&0, 50,000.. .Oct. 1, 1938
3>as,J&J, 400,000.. .Jan. 1. 1940
3^s, J&J, 200,000. July 1, 1910
4s,

•

Highways—

4s, J&D,
4s, A&O,
4s, J&J,
4s, A&O,
4s, J&J,
4s, J&J,
4s, A&O,
4s, A&O,
4s, J&J,
4s, J&J,
4s, J&J,
4s, J&J,

LOANS-

When Due.

Bridge BondsIs, A&O, $160,000..

When Due

Miscellaneous " Loans—

$25,000. ..Jan. 1, 1902
1,275,000. ..Apr.l, 1902
3^8, J&J, 300.C00 .Jan. 1, 1903
3ias,A&0, 100,000. .Oct. 1, 1903
3^8, J&J, 300,000. .July 1, 1904
3%9,J&J. 300,000. ..Jan. 1, 1905
4s, A&O,
90.000. ..Oct. 1, 1906
145,500. ..Oct.15, 1906
4s, A&O
25,000. Jan. 1, 1906
3s, J&J,
4s, J&J,
606,000. ..Jan. 1, 1907
3^s, J&J, 833,000 ..July 1, 1907
4s, A&O.
13,800. ..Oct. 1, 1907
50,000. ..Jan. 1, 1908
3^8, J&J,
11,500. ..July 1. 1908
3^38, J&J,
4s,
4s,

J&J,

A&O,

3^8,A&0, 250,000
3kis,

..Oct. 1,

1908

A&O, 178,400

..Apr. 1,1909
209,600. ..July 1, 1909

1901 3 ^s, J&J,
1902 3»*s,A&0,
17,600 ..Oot. 1,1909
1912 3s, A&O,
92,000. ..Oct. 1, 1909
1912 3^,sJ&D,
13,200. ..Dec. 1, 1909
1913 3s, J&J,
54,500. ..Jan. 1, 1911
1913 4s, A&O, 1,599,725. ..Apr. 1,1912
1913 4s, A&O, 2,514,100. ..Apr. 1,1913
1914 4s, A&O,
599.800. ..Oct 1, 1914
1914 4s, A&O, 367,000. ..Apr. 1,1915
1915 4s, A&O, 401,500. ..Oct. 1,1915
1916 4s, J&J, 1,115,700. ..Jan. 1, 1916
1916 4s, J&J,
589,500. .July 1, 1916
1917 4s, A&O,
3,000. Apr. 1, 1916
1917 4s, A&O
192,500. ..Oot. 1. 1916
1918 4s, M&N, 223,500. ..Nov.30,1916
1919 4s, J&J,
45,500. ..Jan. 1, 1917
1928 4s, A&O,
3,000. ..Apr. 1, 1917
1928 4s, J&J,
309,000. ..July 1, 1917
1928 3>28, J&J, 203,500. ..July 1, 1917
650.. ..Jan. 1, 1929 4s, A&O,
169,000....Oot. 1, 1917
3>s8. J&J,
3L3S. A&O, 99,800.. ..Apr. 1, 1929 3ia8, J&J, 130,800 ..Jan. 1, 1918
3^s, A&O. 35,000.. .Oot. 1, 1929 3kj8, A&O, 299,000 .Apr. 1, 1918
3>*8,J&J, 643,000. .Jan. 1, 1930 3^8, J&J,
80,000. ..July 1, 1918
3^8. J&J, 661,000.. ..July 1, 1930 3*28, A&O, 18,000. ..Oct. 1,1918
3s, J&J,
3,554.. July 1, 1930 3^8, A&O, 228,100 ..Apr. 1,1919
3s, J&J,
331,000. ..Jan. 1, 1931 312s, J&J, 531,200 ..July 1,1919
Library Bonds—
3s, A&O,
8,000 ..Oct. 1,1919
4s, J&J.
|$44,000. .Jan. 4,1916 3 4»s,A&0, 10,000 .Oot. 1, 1919
4s, A&O,
175,000 .Oct. 1. 1922 3*28, J&D, 43,500. ..Dec. 1, 1919
4s, J&J.
200,000.. .Jan. 1. 1923 3s. J&J,
51,500. ..Jan. 1, 1921
4s, A&O,
325,000.. .Oct. 1, L923 3«as,A&0, 25,000 .Oct. 1,1928
100,000.. .Oct. 1. 1924
4s, A&O,
PABK Bonds—
4s, A&O,
49,500.. .Jan. 1, 1925 4s, J&J, $343,000. ..Jan. 1,1913
4s, A&O,
150,500.. .Oct. 1, 1925 4s, A&O
913,000. ..Apr. 1, 1913
1914
500,000. ..Jan.,
3«as,A&0, 100,000. Oct. 1, 1918 4s, J&J,

$50,000. .Junel,
25,800. .Apr. 1,
31,000. -July 1,
243,200 .Oct. 1,
150,000. .Jan. 1,
350,000.. .July 1,
150,000.. .Oct. 1,
200,000.. .Apr. 1,
300,000 .July 1,
500,000.. .July 1.
150,000.. ..Jan. 1,
700,000. .July 1,
.Jan. 1.
3 ^8, J&J, 500,000
J&J. 150,000.. .July 1,
4s,
4js. A&O, 200,000.. ..Oct. 1,
3
3>fl8, J&J, 825,000 .. July 1,
3^8, J&J, 750,000.. ...Tan. 1,
3128, J&J,
5,000.. .July 1,
3 Has.A&O, 606,000.. ..Oct. 1,
.

•

—

.

:

:

Sewerage Bonds - (f on.)—
When Due.
LOANS—
4s, A&O. $67,650.. ..Apr. 1, 1915
Park Bo>ds— (Con.)—
J&J, 35,000.....July 1, 1916
4s, A&O,
$75, 000... Apr. 1,1914 48,
500,000. .Oct. 1. 1911 3^8, J&J, 100,000.....July 1, 1905
4s, A&O,
.

1,000.000. .Jan. 1, 1925
A&O, 50,000.. Oct. 1, 1927
3ia8,A&0, 20,000.. .Apr. 1,1916
3ias,A&0,
55,000. .Oct. 1, 1916
500.000... Jan. 1, 1927
3>fi8, J&J,
3^8, J&J, 450,000... Jan. 1, 1928
3^8, A&O, 50.000.. -Apr. 1, 1928
3i«S,A&0, 450,000... Oct, 1,1928
29,000. ..Oct 1,1915
3^48, A&O,
3^8, J&J, 500,000... July 1, 1929
3!a8,J*J, 561,000.. Jan. 1,1930
July 1,1930
3*2S,J&J, 130 000

4s,
4s,

J&J,

.

.

.

31*2*.

J&J,

3*fl8,

A&O.359.000. ...Oct.

50,000..
...Jan.

$450,000... Jan. 1,1918
1918
5,000... Apr.,
1918
5,000... July,
J&J,
1918
40,000. ..Oct.,
A&O,
480,500... Jan. 1, 1919
J&J,
1919
16,000.. -Apr.,
A&O,
1919
3,500... July,
J&J,
439,500... Jan. 1,1920
J&J
1920
16,400... July,
J&J,
1920
44,100... Oct.,
A&O,
500,000... Jan. 1,1921
J&J,
25,000... Jan. 1, 1921
J&J,
3^8, A&O, 151,000. ..Apr. 1, 1929
49,000. ..July 1,1929
3^8, J&J,
38, J&J, 154,000... July 1,1930
46,000. ..July 1,1930
3»28,J&J,
95,000. ..Jan. 1, 19 -H
3s, J&J,

J&J,

A&O,

1,
1,
1,

?i^s, A&O, 25.000. ...Air.
312s, J&J,500,000. ...July 1,
3s, J&J, 309,000. ...July 1,
4s, A&O.
41.000 ...Oct. 15,

3%,

J&J, 500,000.. ..Jan.
3ks, J&J, 500,000.... July

A&O

1,000.000.. .Oct.
3J-2S J&J, 1,000,000.. July
3»28,J&J, 100,000.. .Jan.
Apr.
3 4.s,A&O,109,000

3*2S,

3^p,J&J, 791,000

Park Construction—
4s,
48,
48,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
48,
3s,

19

tMSS*CttUS£TT6--GITI£8 *N& TOWTJS,

April, 190 L

July

.

1,
1,
1,
1,
1,
1,
1,

1906
1906
1908
1919
1905
1916
1928
1928
1928
1929
1930
1930
1930

Stonv Brook, &c Imp. Bonds—

4s, A&O, $500,000. ..Oct.
30,000. ..Oct.
4s, A&O,
4s. A&O. 100,000. ..Oct,
3i28, J&J, 300.000.
.July
313s, J&J, 100,000.... Jan.

1.1917
1913
1, 1936
1, 1937
1, 1938
3k8, J&J, 350 OOO....July 1, 1939
Street, Etc., Bonds—
$1,000. ...Jan. 1,1874
5s, J&J,
3^8, J&J, 22,000.. ..Jan. 1, 1909
3i28,J&J,
1,000. ... Jan. 1, 1910

4s, A&O, 335,000.... Oct.
25,000. . . . Oct.
4s, A&O,
4s, A&O, 260,500.... Apr
50,000. . . .Jan.
4s, J&J,
100,000. . . July
4s, J&J,
4s, A&O, 100,000.... Oct.
50,000.. ..Oct.
4s, A&O,
4s, J&J, 1,000,000.. ..July
4s, J&J, 1,000,000.... July
3i23, J&J, 50,000.... Jan.

1,

1.
1.
1.

1911
1912
1913

1,1914
1, 1914
1,1914
1.1914
Jan 1, 1937
3^8, J&J 500,000
1, 1935
Park Loan of 1891 —
1, 1936
4s, J&D, $700,000.... June 1, 1921
1, 1917
4s, A&O, 200,000.... Apr. 1,1922
48, A&O, 301,000.... Oct. 1, 1922 3128, J&J, 500,000.... Jan. 1, 1937
July 1,1913
250,000.... Jan. 1,1923 3128, J&J, 181,480
4s, J&J,
4,500.
.Oct, 1, 1918
500,000.... July 1, 1923 312S.A&0,
4s, J&J,
J&J, 25,000.. .. Jan. 1, 1931
4s, A&O, 450,000.... Oct. 1, 1923 3s,
July 1,1938
99,000.... Jan. 1, 1924 3^8, J&J, 209,000
4s, J&J,
Oct. 1, 1938
.Oct. 1, 1924 3128.A&0, 541,000
4s, Aa 0,1,000,000.
Public Improvem't Bonds—
Pub. Inst's and City Hospit'l—
3^8, J&J, $38,500... July 1, 1908 3i28,A&0, $616,000 ..Oct. 1. 1938
Water Debt -Cocliituate Water.
8.000... July 1, 1909
3!28, J&J,
14,900.. .Dec. 1, 1909 6s, A&O, $905,000.... Apr. 1, 1903
31fl8,J&l>,
8,000... Jan. 1, 1904
3ks,A&0, 10 000 ..Apr. 1,1910 6s, J&J,
3,000.... Jan. 1, 1905
136,500. ..Oct. 1,1911 6s,J&J,
4s, A&O,
53,700.... Apr. 1, 1905
250,000... July 1, 1912 6s, A&O,
4s, J&J,
10,000. .July 1, 1905
42,000... Oct. 1,1912 6s, J&J,
48, A&O,
15,000... Apr. 1,1915 6s, A&O,
6,000. .. .Oct. 1, 1905
4s. A&O,
82,550.... Jan. 1, 1906
400,000.. Oct, 1,1915 6s,J&J,
48, A&O,
1906
27,000... July 1, 1917 6s, A&O,
8,750. .Apr.,
3*28, J&J,
4,000.... Oct.,
1906
3^8, J&J, 101 ,000... Jan. 1,1918 6s, A&O,
8,000
Jan.,
1907
23,000. ..July 1,1918 6s, J&J,
3*23, J&J,
1907
5,000. . .Apr.,
3*28, J&J,
14,500.. July 1,1919 6s, A&O,
6s, J&J.
1,000
July,
1907
Park Lands—
Oct. 1, 1902
4a, J&J,$100,000.... July 1,1924 5g, A&O, £399,500
Apr. 1, 1906
4s, A&O, 100,000.... Oct. 1,1924 5g, A&O. $552,000.
4s, A&O, 50,000.... Apr. 1,1925 5g, A&O,l,000,000. . . Oct. 1, 1905
2 08, 000.... Oct. 1, 1925 5g, A&O,2,000,000. . . Oct. 1. 1906
4s A&O,
July 1, 1926 5s, A&O,
1,000. ...Oct. 1. 1907
11,300
4s) J&J,
12,000.
Apr.,
1908
3iflS,J&J, 400,000.. July 1, 1917 5s, A&O,
3!23,J&J, 600,000.. .Jan. 1, 1920 4i2S,A&0, 268,000.... Oct. 1, 1909
Rapid Transit—
82,000.. ..July 1,1909
4s, J&J,
Oct. 1, 1934 4s, A&O, 280,000.. ..Apr. 1,1910
4s, A&O, $50,000.
4s, A&O 1,000,000.. ..Apr. 1,1935 4s, A&O, 324,000.. ..Apr. 1,1912
f 6,000. ..Oct. 1, 1913
312S, J&J, 250,000.. ..Jan. 1, 1936 4s, A&O,
3128.A&0, 500,000.. ..Apr. 1, 1936 4s, J&J, 459,000.. ..Jan. 1,1914
3i<2S,A&O,l,500,000 ..Oct. 1,1936 4s, A&O,
18,500.. ..Apr. 1,1914
3*2S, J&J, 1,000.000... July i; 1937 4s, A&O,
16,000.. Oct. 1,1914
45,700.. Apr 1,1915
3^8, J&J, 200,000... Jan. 1, 1938 4s, A&O,
3*28, A&O, 200,000... Apr. 1, 1938 4s, A&O,
23,000 ....Oct. 1. 1915
50,0l0 .July 1 1940 4s, J&J,
3»2S,J&J,
8.000
Jan. 1,1916
School Houses & Sites—
4s, A&O,
28,500
Apr, 1, 1916
Apr. 1, 1911 4s, A&O,
4s, A&O, $500.000.
11,300. ...Oct. 1. 1916
4s, A&O, 250,000.... Oct. 1,1914 4s, J & J,
21,000.... Jan.,
1917
.Jan. 1, 1917 4s, A&O.
1917
4s, J&J, 300,000.
6,000.... Apr.,
3i2S,A&O,100,000. . Oct. 1, 1917 4s, J&J,
7,000.... July 1,1917
4s, J&J, 500,000.... July 1, 1926 4s, A&O, 160,700.... Oct. 1, 1917
4s, J&J, 150,000.. ..July 1,1927 4s, J&J,
20,000.... Jan.,
1918
3*28, J&J, 500,000.... Jan. 1,1928 4S.A&0,
1918
6,300.... Apr.,
< 0. 650.000
3^8, A
Oct. 1, 1928 4s, A&O, 100,000.... Oct. 1,1918
3^8, J&J, 25,000. ..July 1,1929 4s, A&O, 200,000.... Apr. 1, 1919
3i«s,A&O,300,000
Oct. 1, 1929 4s, A&O, 300,000.... Oct. 1,1919
3>*8,J&J, 475,000. .Jan. 1, 1930 4s, A&O, 384,000.... Oct. 1, 1920
2 1,6.-0 ..July 1, 19S0 4s, A&O, 100,000.... Apr. 1,1921
3s, J&J,
38, AvO, 278,350 ..Oct. 1,1930 4s, A&O,
162,500.... Oct. 1,1921
5,000.. ..JaD. 1, 1931 4s, J&J, 100,000.... Jan. 1,1922
38, J&J,
500.000.. July 1, 1935 4s, A&O,
48, J&J,
75,000.... Apr. 1,1922
SEWERAGE BONDP
4s, A&O, 208,000.... Oct. 1,1922
48, A&O, $10,000. .. .Oct. 1, 1901 4s, A&O,
26,275.... Oct. 1,1923
4s, J&J,
8.000.... Jan. 1, 1902 4s, A&O, 526,225.... Oct. 1,1924
4s, A&O, 317,000.... Apr. 1,1902 312s, A&O,275,000....Apr. 1, 1917
4s, A&O, 627,500.... Oct. 1,1902 3123.J&J, 100,000.... July 1, 1918
4s, J&J,
22,500.... Jan. 1, 1903 312s, M&N,130,000. .Nov.30,1919
4s, A&O, 500,000.... Apr. 1,1903 3128, A&O,145.000....Oct. 1,1919
4s, A&O, 251,000. ...Oct. 1,1903 3128, J&J,120,000....Jan. 1.1920
48, J&J, 500,000.... Jan. 1,1904 3128, A&O,150,000....Oct. 1,1927
48, J&J,
97,000.
July 1, 1904 3128, J&J, 435,000.... July 1, 1929
3i28,J&J, 150,000... July 1,1904
8dffolk County Debt.
3a, J&J, lftt',000
July 1, 1904
Court House Bonds—
4s, J&J,
50,000
.Oct. 1, 1904 4s, A&O, $700,000.... Oct. 1,1918
38, A&O, 100.000
.Oct. 1, 1904 4s, J&J,
406,000. . .July 1,1922
4s, J&J,
50,000. .Jan. 1, 1905 312s, A&O,800,000....Oct. 1,1919
3s, J&J,
5,000. .Jan. 1, 1906 4s, A&O,
75,000.... Oct. 1, 1923
3s, A&O,
Apr. 1, 1905 4s, J&J,
10,000
40,000.... July 1,1924
4s, A&O,
51,500.... Oct 1, 1906 3i2S,A&0, 800,000. ...Apr. 1, 1937
3s, J&J, 150.000.... Jan 1, 1911 312s, J&J,100,000....July 1,1938
48, A&O, 421,000.... Oct. 1,1911 3s, A&O, 595,000 ...Oct. 1,1901
4s, J&J,
250,000.... Jan. 1, 1912 ($17,000 due yearly) to Oct. 1,193,*
4s, J&J,
50,000.... July 1,1914
INTEREST on the sterling loans Is paid by Baring Brothers & Co
Limited, in London; on other issues by City Treasurer in Boston.
.

.

.

. .

. .

. .

.

. .

.

.
.

. . .

—

,

.

. . .

Sinking Funds.
$27,7*1.535 23
27,697,062 00
27,854,648 00
27.579.369 97
25,367,587 13
24.324,566 93
21,604,153 72
20,482,z97 00
25,477,682 00
22,505,598 72
18,022,484 25
14.511.849 19

Gross Debt.

Tears.

$81,629,128 98
^6,9t>6,579 00
82,938,820 00
79,592.91076
71,902,600 57
65,665,774 64
59,337,964 93
54,418,535 00
56,908,148 00
53,930,095 22
42,962,180 02
40,949,332 18

1901
1900
1899
1898
1897
1896
1895
1894
1893
1890
1885
1881

Xet Debt.
$53,847,593
59,269,517
55,084,172
52,013.540
46,535,013
41,341,206
37,733,811
33,936,238
31,430,466
31,424,496
24,939,695
26,437,482

75

00
00
79
44
71
21
OO
OO

50
77
99

DEBT AND TAX LIMITATIONS.— Taxes in Boston are limited
by Chapter 399 of the Acts of 1900 as follows
Section 1. The taxes assessed on property, exclusive of the State
tax, county tax and sums required by law to be raised on account
of the city debt, shall not exceed in any year in the city of Boston ten and one-half dollars, and in any other city twelve dollars,
on every one thousand dollars of the average of the assessors' valua:

tions of the taxable property therein for the preceding three years, the
valuation for each year being first reduced by the amount of all abatements allowed thereon previous to the thirty-first day of December in
the year preceding said assessment and any order or appropriation
requiring a larger assessment than is herein limited shall be void.
section 2. Chapter one hundred and seventy-eight f the Acts of the
year eighteen hundred and eighty-five and Chapter two hundred and
eighty one of the Acts of the year eighteen hundred and eighty-seven
are hereby repealed.
Section 3. This Act shall take effect upon its passage. [Approved
»

J nne

26, /ooo.]

in repealing Chapter 178 of the Laws of 1895, repealed
a special Act limiting the indebtedness of the City of Boston to 2 per
cent of the assessed valuation, etc etc. Boston consequently is now
subject to Section 2, Chapter 312, Laws of 1885, which places the debt
limitation at 212 per cent of the average assessors' valuations of the
taxable property for the preceding three years. Reference to this
1885 law will be found in the debt limitations for the State of Massachusetts. See also Chronicle of August 4, 1900, page 250.
The foregoing limitation is of course exclusive of debts created for
water supply, and further exceptions have been made from year to
year by different legislatures, authorizing bonds outside of the debt
limit for various purposes, especially enumerated.
It is proper to state that under Chapter 93, Acts of 1891. the city is
authorized to anticipate its authority to borrow money within its debt
limit for any current municipal year.
LOANS. AUTHORIZED. -The following is a summary of
loans authorized but not issued as of Jan. 31,
Inside
Outside
Purpose of Issue
Debt Limit.
Debt Limit.

The new law,

,

NEW

—

Rapid transit
School houses
South Union Station
Laying out and construction of highways
Bridges
Play grounds

Park
Miscellaneous

$2,384,000
295,000

$250/00
425,000
1,300,001

475,000

400,000
100,000
175,000
1,14 5,300

Totals
$3,7-5,301
$3,1540CO
In addition to above, loans have been authorized outside of debt
limit without limit a* to amount, for oharlestown -treet improvement, Cambridge Bridge, sewerage charges aid Atlantic Avenue extension. The amouuts issued to date on the firt-t three mentioned
were $i 65,000, $350,000 and $410,< 00, respectively.
BORROWING POWER.—The city's borrowing power Jan. 31,
1901, is shown in the following statement
Total debt, city and county
$81,629,128 98
Less special loans (outside of limit)
$38,189,000 00
do county loans (outside of limit)
2,921,000 00
do Cochituate waterdebt
11,960,273 98

Total deductions

53,070,273 98

Total debt less above deductions
$28,558,855 00
Sinking fluids, less $17,6H6,676 39 held for loans deducted as above (water loans, etc.)
10,114,858 84
Net debt, excluding debts outside of limit
$18,44", 996 f6

. .
.

.

.

. .

-

.

TOTAL DEBT,

Etc.— Has been

City debt proper

Cochituate water debt
County debt
Total bonded debt..
Sinking funds, &c

,

;

BRADFORD. — See
DYER,
BRAINTREE.— HENRY MONK,
town
City of Haverhill.

$86,966,579
27,697,062

Jan. 31, 1899
$62,226,546
17,191,274
3,591,000

$82,938,890
27,854,648

Net debt
$59,269,517
$55,084,172
$53, u 47,594
The following table shows the amount of the gross funded debt,
sinking funds and the net debt on Jan. 31 for the following years

Treasurer.

B. F.

:

A.

.

This

Is in

LOANS-

Clerk.

Norfolk County

When

Due.

Notes— (Con.)—

On demand
,$20,000
July 1,1901
3,300
4s, J&D, 150,000.... June
25.000
Apr. 1901
4s
6,000 ..Aug.
Bonded debt Jan. 1, '01. $272,500
Municipal Lighting—
Note debt
122,200
43, ..... $16,500
Arr. 1, 1917 Total debt Jan. 1, 1901.. 394,700
Notes—
Sinking funds
€8,091
4s,
$14,000.. May. 1901-0"' Net debt Jan. 1. 1901... 326,609
Is,

Jan. 31, 1901. Jan. 31, 1900.
$66,l.c'9,*55
$66,127,305
1',? 60,274
17,306.274
3,5iti,000
3,533,000

.

o' e-bj.lf percent on $1,07«," 10,367 (average
valuation tor three years, less abatements)
$26,917,759 17
Net debt, as above
18,443,996 16
Right to borrow Jan. 31, 1901, under chapter 312
acts of 1885
$8,473,763 01
Right to borrow Jan. 31, 1901, under chapter 93,
acts of 1891, estimated
$5,964,496 01
Bonds to the amount of $3,795,301 inside of the debt limit have been
authorized, but are not yet issued.
ASSESSED VALUATION.—The city's assessed valuation of real
estate and personal property and tax rate have been as follows:
Assessed Valuation.
Hate of Tax
Tears—
Real.
Personal.
Total.
per $1,000.
1900
$902,486,~00
$226,644,0^2 $1,129,130,762
$14-: o
1899
866,809,700
222,926,552
1,089,736,252
1310
1898
830,233,900
205,8t5,51e
13-60
1,036,099,418
1897
803,360,550
208,721,659
1,012,582.209
1300
1896
770,261,700
210,990,726
12-90
981,252,426
1895
744,743,550
206,618,969
12-80
951,362,519
1894
723,728,750
204,363,706
12-80
928,092,456
1893
707,762,275
216,331,476
12-80
924,093,751
1890
619,990,275
202,051,525
13-30
822,041,800
1880
437,370,100
202,092,395
639,462,495
1520
1870
365,593,100
218.496,300
15-30
584,089,400
The tax rate for 1900 includes the State tax $061 per $1,000; the
county tax, $0-95 the city tax proper, $1314; total, $1470.
POPULATION.— U. S. Census, 1900, was 560,892. In 1890 population was 448,477; in 1880 it was 362,839; in 1870 it was 250,526.

Water Bonds-

as follows:

.$81,62 l ,T. 9
27,781,535

Two and

J&J, $100,000

July

,

4s
4s

,

,

3128

3Vs,
3 83
3 788

,

1917
1921
1926

Oct. .6, '01-02 Total value town prop9,500. ..Mar. 22, 1904
erty, estimated
395,000
25,000. .Sept 1901 09 Tax valuation, 1900
4,638.650
5.000... June 30, 1910 Total tax (per $1,000) 1900. $19-60
9,300. ..Feb., 1902 04 Population in 1890 was
4,848
14,000. ..8ept.. 1901 09 Population in 1900 was
5, 81

1,000

,

.....

7

1,
1,
1,

3i«s
4148,

t

20
seat

M&N,

Sept. 1, 1901

100,000

....,

4S.M&8,

When Due.
$40,000 Apr. 12, 1904
20,000. .May 5, 1905
40,000. Nov.30,'03-04
100,000. .Feb. 7, 1903
35,000.. Sept. 6, 1905
25,000.. Sept. 6, 1906
20,000 Sept. 28,1901

,

40.000.. Nov. 25,1901

,

5s

4s
4s
4s,
4s,
4s,

4s,
4s,
4s,
4s, F&A,
4s, M&S,

.

5s
4s,

1902

18,

40,000. Aug.19,'01-02
80,000. June 1, '01-02
20,000. .Aug. 21, 1901

,

....,

Pratt, Treas.

NOTES-

When Due.

J&J, $100,000.. Jan.

4s

01TY SUf ft£M£WT.

is

NOTES—
4s,

AND

STy*T£

BRISTOL COUNTY.— Geo. F.
Taunton.
County
4s,

:

:

100,000. .Junel8, 1902

4s,

10.000.. Sept. 6. 1902
160,000.. Sept. 23,1902
40,000. .July 15. 1903
20,000.. Dee. 21.1903

Bond.d*btFeb.21.1901.~$l,090,000
Tax valuafnin 1900.-184,540,613
Population in 1900 was... 252,029
Population in 1890 was.. 186,465

,

.....
.....

J&D,

H

BROCKTON.—
Plymouth

S

w h

J

.

MAS,

.

CO UT.TER. Mayor.

H.

EMEttSON, Treasurer.

County.

Tliis city is in

When Due.
LOANS—
School Bonds— (Con.)—
1901-1905
1901-1916 4s, J&D, $20,000
4s, A&O, $64,000
($1,000 due yearly on June 1.)
($4,000 due yearly on Oct. 1.)
1901-1905
1901-1922 4s, J&D, $20,000
4s, J&D, $22,000
($1,000 due yearly on Dec. 1.)
($1,000 due yearly on June 1.)
1901-1913 4s, J&J, $32,000
190 1-1916
4s, J&D, $13,000
($2,000 due yearly on July 1.)
($1,000 due yearly on June 1.)
190:1-1905 4s, J&J, $4,000
Jan. 1, 1902
4s, J&J, $2,000

LOANS—

City

When Due.

II.vi.i.— 1^91-2-3-4-5.

($500 due yearly on Jan. 1.)
1901-1904
M&S, $ 14,000
($3,500 due yearly on Sept. 1.)
1902-1923
4s, A&O, $39,600
($1,800 due yearly on April 15.)
1903 1922
4s, M&N, $30,000
($1,500 due yearly on Nov. 1.)
1903-1922
4s, M&N, $50,000
($2,500 due yearly on Nov. 1 .;
4s,

Drainage Bonds—

)

1901-1911

J&D, 5,500

($500 due yearly on June 1.)
1901-1922
J&D, $4,400
($200 due yearly on June 1.)
1901-1922
4s. M&S, $17,600
($800 due yearly on Sept. 1.)
1901-1914
4s. F&A, $7,000
($500 due yearly on Aug. 1.)
1901-1919
4s. J&J, $9.500
($500 due yearly on July 1.)
1901-1902
4s, F&A, $2,000
($1,000 annually on Aug. 1.)
3128, M&N,$4,0 )0....May,1901-04
3^8, A&O; 4,OOO..Apr.l902 to '05
4s,

Sewerage Bonds—

3^s,

M&N,

$9,500..

.May.190119

A&O, 35,000.. Apr., '05 to'29
Fire Department—
1901-1905
4s, A&O, $5,000
3»*8,

($1,000 due yearly on Oct.

Health Building—
4s,

1.)

1901-1902

J&D, $1,000

($500 due yearly on June

Paving Bonds—
4s, J&D, $5,000

1.)

June 1,1901

Pot ice
4s,

J&J,

1901-1902

$5,160

Sewer Bonds—
4s,

F&A, $10,500

($2,580 due yearly on July

1.)

School Bonds—

1901-1922

($500 due yearly on Aug.

J&D, $34,500

1901-1923
1.)

J&J, $181,000
1901-192S
($8,000 due yearly on July 1.)
1902-1924
4s, A&O, $161,000
($7,000 due yearly on April 1.)
1904-1923
4s, A&O, $100,0)0
($5,000 due yearly on April 1.)
1901-1927
4s, M&N. $27,000
($1,000 annually on Mayl.)
4s,

Stkekt Impt. Bonds—

J&J, $12,000
Jan. 1, 190 2
($2,000 due yearly) to Jan. 1, '07.

4s,

M&N, $47,5(»0. .Mayl, 1901
($2,500due yearly) to Mav 1,1919
3Vs, A&O. $24 000. Apr., '02 to '13
3*28,

Water Bonds— 1897.
A&O, $90,000.... Apr. 15,1910
A&O, 50,000. Apr. 15, 1906
. . .

1912
M&N,
1, 1914
M&N,
1, 1915
M&N,
1, 1916
4s
15, 1918
4s,
15, 1919
4s,
1, 1920
4s,
1, 1920
4s,
1, 1921
4s,
1, 1922
4s, M&N,
1, 1923
4s, J&D,
15, 1923
Apr. 1, 1924
4s,
25,000
4s,
25,000.... Apr. 1, 1925
4s,
25,000.... Oct. 1, 1925
4s, M&N 25,000 ...May 1, 1926
4s, M&N, 25,000.... May 1, 1927
4s, F&A, 15,000. ..Aug. 1, 1927
4s, F&A, 10,000.... Aug. 1, 1928
3*28, J&J, 50,000.... July 1, 1916
3HiS,M&N,15,000....May 1, 1917
3iss,M&N,10,000....May 1, 1929
3i2S,M&N,12,000....Nov. 1, 1929
3ias, M&S,15.000....Mar. 1, 1930
J&J,

50,000.. ..July
50,000. ...May
25,000. ...May
25,000. ...May
20,000. ...May
10,000.. ..May
68,0 '0.... Apr.
5,000. ...Oct.
25,000. ...May
20,000.... May
25,000.... Mar.
62,000.... Dec.

15,

July 1,1901
1901-1902
($1,800 due yearly on June 1.)
1901-1902
4s, J&J. $4,000
($1,000 due yearly on July 1.)
1901-1903
4s, J&D, $3,900
($1,300 due yearly on June 1.)
1901-1904
4s, J&J, $16,000
($4,000 due yearly on July 1.)
The water bonds are coupon, all others registered.
PAR VALUE OF BONDS.—The bonds are mostly for $1,000 each.
INTEREST is paid at the office of the City Treasurer.

4s,J&J,

4s,

$4,000

J&D, $3,600

.

TOTAL DEBT, SINKING FUND,

Etc.1, 1900.
$1,974,810

Dee.

Dec.

1,

1899.

1,504,200

$1,964,540
1,506,500

$470, <H0
Bonded debt inside debt limit
677,353
Debt limit 2^% average 3-j ear valuation

$158,040
636,664

$206,743

$178,624

Gross city o eh

Bonds outside debt

limit*

Borrowing capacity

* Bonds outnde of debt limit consist of $777,000 water, $569,000
sewer and part of City Hall debt to the amount of $158,200.
The city has no floating debt and the amount of sinking fund Dec. 1,
1900, $314,000, was all applicable to the payment of the water debt.
The. city owns property valued in 1900 at $1,214,840
ASSESSED VALUATION.—The city's assessed valuation (which is
23 of actual value) and tax rate have been as follows
Personal
Total
Real
*Rateof Tax
Properly.
Valuation.
Estate.
per $1,000.
Years—
$3,524,f2t
$20-10
$27,939,414
$24,414,790
1900
21-60
3,439,981
27,327,746
23,887,765
1899
20-20
2.870,042
26,085,852
23,215,811
1898
25,641,372
2070
2,981,756
22,659,616
1897
18-60
3,109,709
22,570,545
19,460,836
1895
15-20
17,495,602
2,497,997
14,997,605
1890
16-6623
9,150,702
1882

Including State, county and city levy.
POPULATION.— In 1900 population was (U. S. Census) 40,063; in
1890 it was 27,294 in 1880 it was 13,608 in 1870 it was 8.007.
*

;

;

BROOKLINE.-George
This town

is

LOANS—

in Norfolk County.
When Due.

Bath House—
3»28, .....

$7,500.

..

.Nov.

($1,500 due yearly) to Nov.
39 16 s, -.-, $15,000.... July
($2,500 due yearly) to July

1,
1,
1,

1901
1905
1901

1,

1906

Bridge Notes—

3»i

(

b, ....

34 l0 s»---

$21.000. Oct., 1901-1917
45,000. .Men., 1901-18

II.

Worthley,

$3,Oi>s.Mch., 1902-03

320s,

60.000 .Dec, 1901-03

Street Bonds -

A&O. $180,000. Ap. '02 to'10
Park Bonds—

3 15s,

July 1.1901
1, 1911
4s, M&S, $4,000
Sept. 1,1901
4s, J&J,
18,000
Aug. 1, 1901
(Part due yearly) to Aug. 1, 1910
4s, J&J, $12,000
Aug. 1, 1901
(Part due yearly) to Aug. 1, lin>6
4s, J&J, $10,000
ian. 1,1902
($1,000 due yearly) to Jan. 1, 1911
4s, ...., $3,000
Mar. 1, 1902
4s, ..... 44,000
Mar. 1, 1902
/$4,000 due yearly) to Mar. 1, 1912
3588, .... $1,300
June 15,1901
$650 due yearly) to June 5, 1902
$75.000. .June 15, 1901
3"ss
($6,250 due y'rly) to June 15, 1912
3*28, ....,$15,120
Jan. 1, 1902
($1,080 due yearly) to Jan. 1, 1915
4s,

J&J, $38,500

(Part due yearly) to July

1

Sewer Bonds—

$3,750.... Feb. 1,1902
(£1,250 due yearly) to Feb. 1,1904

4s,

$16,800.. .June

Is
3"»8S

Treas.

Miscellaneous—
June 1,1901
4s
$20,000
4s
Nov. 1, 1901
28,950
($9,650 due yearly) to Nov. 1, 1903
59 6 s,
$13,800. .June 15, 1901
($1,700 due y'rly) to Juno 15, 1 90 I
39 g h, ...,$130,200.. June 15, 1901
($9,300 due y'rly) to June 15, 1914
39 16 h. ---- $i6,400....July 1, 1901
($9,400 due yearly) to July 1> 1906

1,

1901-03

6,000... July 1, 1902-3

,

May 1,1901

75,000

($5,000 due yearly) to May 1, 1915
3*29
$12,500
Aug.l, 1901
($2,500 due yearly) to Aug. 1, 1905
3^38,
$35,000
Jan. 1, 1902
($2,500 due yearly) to Jan. 1, 1915
3 5ss, ....,$22,500 .May, 1901 15

Play Grounds—

35 88

.....

,

$1,800.. .May, 1901-'05

3143, ..... 25,000. ...Nov. 1,
3 lOs,
15,000 ...Mch. 1,

2\000....Mch.
AVater Scrip—

3-lOs,

1,

1918
1904
1919

....,$102,718... July 1,1901
($4,466 due yearly) to July 1, 1923
4s, F&A, $20,000... Jan. 1,1902
($1,000 due yearly) to Jan. 1, 1921
35 8 s
$4 5,430... .June 15, 1901
($2,065 due yearly) to June 15, 1922
4s,

3».„s,

June 15, IPO I

$24,000

($1,000 due y'rly) to June 15, 192 4
3* ]6 s ....,$12,000.... Jan. 1,1902
($750 due yearly to Jan. 1, 1917

3^

$15,000... Aug. 1,1901
($600 due y'rly) to Aug. 1, 1925
335s, .... $11,900.... Jan. 1, 1902
($7- 0 yearly)
0
to Jan. 1, 1918

TOTAL DEBT, SINKING FUND, ETC.—
Feb. 1, 1901.

Total debt

Feb. 1, 1900. Feb. 15, 1899.

$1,398,218

$1,261,729

$1,424,740
40,275

Net debt
Deduct water debt

$1,398,218
231 ,048

$1,261,729
2 41 ,629

$1,384,465
294,210

Net debt as defined by law
Net debt allowed by law

$1,167,170
2 338,587

$1,020,100
2,235,900

$1,090,255
1,995,810

Available balance

$1,171,417

$1,215,800

$905,555

Sinkingfunds

1.)

($1,500 due yearly on June

5s,
4s,
4s,
4s,
4s,
4s,

4s

3-45s, .....
.....

School Notes -

Due.

1, '05.

1901-1907
$7,000
($1,000 aunually on Aug 1.)
3*28. M&N, $31,350. ..May 1, 1901
$l,6i0 due yearly) to Maj 1, 1919
AU>s, J&D, $40,000. June,'01 to '20
4s, F&A.,

4s,

1901-1909
J&J, $22,500
($2,500 due yearly on July 1.)
1901-1919
4s, M&N, $20,900
($1,100 clue yearly on Nov. 20
4s,

4s,

($1,000 due yearly) to Jan.

When
LOANS—
Miscellaneous— (Con.)

LXXII

Vol.

TOWN PROPERTY.—The value of town property on Feb. 1, 1901,
iucluding buildings, parks, water works,
etc., amounted to $4,671,400.
The water works are valued at $969,000.
ASSESSED VALUATION and tax rate have been as follows
,

Tears—
1900
1899

Real.

Assessed Valuation
Personal.

Rale of Tax
per $1,000.
$77,887,300 $10 20
1050
74,530,000
1180
66,527,000
12-20
64,169,200
12-40
60,912,000
,

Total,

$54,468,500
$23,418,800
52,541,900
21,988,100
1898
49,947,300
16,579,700
1897
47,519,000
16,650,200
1896
45,782,700
15,129,300
POPULATION.— In 1900 population was 19,935; in 1890, 12,103.

DAVID T. DICKINSON, Mayor.
WILLIAM W.DALLINGER. Treasurer.

CAMBRIDGE.
1

This city

is

in Middlesex

HARRY

When Din
loansbridge LO\NA&O, $10,000. .Oct. 1,1917
4s,
4s,
4s,
4s,
4s,
48,
48,
48,

J&J,

loo.oOO. July
.

J&J,
J&J.

15,000. July
60,000.. July

F&A,

10,000 .Aug.
50,000 .July
3»«s, J&J, 100,000... July
.

.

Building Loan—

48,

1918

.

5,000. .Nov.

M&N,
F&A,
A&O,
A&O,

M&N,

1920
1901
1921
1923
1939
2,1940

1,
1,
1,
1,
1,

$20,000.. May 2, 1902
118,000. .Aug. 1,1914
60,000.. Oct. 1, 1915
103,000.. Oct. 1,1916
40,000.. Nov. 1, 1903

Municipal Bonds—

F&A,
F&A,

$52,000.. Aug. 1, 1904
4,900. .Aug. 1,1908
J&J, 45,000.. July 1, 1909
M&N, 3 2,000... Nov. 1, 1909
3^8,
3>28,M&N, 36,000 ..Nov. 1,1910

4s,
3*28,
312s,

.

Park Bonds—

UPH AM, Auditor

Sewer Bonds— (Con.)
A&O, $75,000. .Oct.
M&V, 42,000. Nov.

4s.
3!2S,
3i«s,

J&J,

1

00,000. .July

Street Loan—

.

3 138, J&J.

4s,
48,
48,
48,

1,

M&S, 100,000. Sept. 1, 1918
M&S, 115,000. Mar. 1, 1919

M&N,

T.

County

4s,
4s,
4s,
4s,
312s,
3>2S,
312s,
3!2S,

M&N,

F&A,
A&O,
A&O,

M&N,
M&N,
M&N,
M&N.

1,
1,
2,

1916
1929
1930

$55,000. .May 2. 1902
30,000.. Aug. 1, 1914
60,000. .Oct. 1,1915
137, 000. .Oct. 1,1916
11,000.. Nov. 1,1907
1 i.OOO.. May
5,000.. No v.

21,001

Nov.

2,
1,
1,

1918
1919
1920

Street Widening Bonds—
6s,
J&J, $10,000 July 1, 1903
6s,
J&J,
90,000 July 1, 1904
6s,
J&J.
14,000.. July 1,1905

Cemetery—

4s,

F&A, $65,000.. Aug.

M&S,
7,000 .Nov.
Clay Land Loan—

3^8,

4s,
3*2S,

J&J,

M&N,

:-f»4S,F&A,

1,
1,

1905
1910

$50,000. July 1,1911
20,000.. Nov. 1, 1912
10,000. Aug. 1, 1913

312s, J&J,
17,000 .. uly 1,1914
F&A,$360,000.. Feb. 1,1924
4s,
Charles River Imp't. Bonds—
F&A, 100,000. .Aug. 1,1935 3^8, F&A. $50.000. .Aug. 1,1938
4s,
F&A, 100,000.. Feb. 1, 1936
Water Bonds—
48,
F&A, 100, 000.. Aug. 1,1926 4s, A&O, $90,000. .Oct. 1,1907
48,
A&O, 40,000.. Oct. 1,1926 4s, M&N, 22,000.. Nov. 1,1907
4s,
3*28, M&S, 100,000.. Sept. 1, 1937 4s,
J&J,
46,000. .July 1, 1908
3^8, M&N, 50,000.. Nov. 1,1937 4s, F&A,
25,000.. Aug. 1,1908
312s, F&A, 100,000. .Aug. 1, 1138 4s,
20,000.. July 1, 1909
J&J,
3^8, J&D, 50,000.. June 1, 1938 4s, M&N, 288,000.. May 1,1910
3>2S, F&A, 100,0 >0....Aug.l,1939 4s,
J&J.
75,000.. July 1, 1910
3^8, J&J. 50,000.. July 2, 1940 4a, M&S, 125,000.. Sept. 1, 1910
3iflS, M&N, 50,000... Nov. 1,1910
4s,
20,000. .Jan. 1, 1911
J&J,
Paving Bonds—
A&O, 35,000. .Oct. 1, 1911
4s,
M&N, $50,000 .Nov. 1, 1902 4s, J&J, 159.000.. Jan. 1,1912
4s,
3J2S, A&O,
20,000 .Oct. 1, 1907 4s, M&N, 75,000.. May 2, 1912
School Bonds—
M&N, 45,000.. Nov. 1,1912
4s,
4s,
J&J, $60,000 July 1, 1901 4s, F&A, 100,000. .Feb. 1,1913
M&N, 20,000.. Nov. 1, 1902 4s, F&A, 50,000.. Aug. 1, 1913
4s,
3*28, J&J. 100,000.. July 1, 1917 4s,
A&O, 200,000. Apr. 1. 1915
9,500.. Nov. 1,1907 48,
312S.M&N,
F&A, 200,000. .Aug. 1,1915
6,000.. Oct. 1, 1916 4s,
4s,
A&O,
A&O, 100,000. .Apr. 1,1916
312s, F&A, 142,000.. Aug 1, 1918 4s,
J&J, 200.000.. July 1.1916
3128, M&N, 100,000.. .May 2, 1918 48,
F&A, 100,000.. Aug. 1, 1916
50,000 .June 1, 1918 4s, A&O, 265,100.. Oct. 1,1916
3>2S, J&D,
42,000.. .July 1, 1919 4s,
A&O, 300,000. Apr. 1,1924
3^8, J&J,
43,000.. Nov. 1, 1906
3»98, M&N. 13,000. Nov. 1, 1919 312s, M&N,
3i28, J&J,
Bonds—
Sewer
100,000. .July 1,1917
July 1, 1903 3128, A&O, 200.000.. Apr. 1, 1917
J&J, $136,000
6s,
6s,
J&J, 295,000.. July 1, 1904 312s, M&N. 75,000. Nov. 1,1917
6s,
J&J. 144,000.. July 1, 1905 3i23, J&D, 140,000. .Dec. 1, 1917
M&N, 30,000.. Nov. 1, 1907 3^8, M&N, 50,000.. .May 2, 1918
4s,
M&N. 22,000.. Nov. 1,1909 3i28, J&D, 60,000... June 1,1918
4s,
M&N, 15,000. .May 1,1910 3128, M&N, 50,000. Nov. 1,1918
4s,
4s,
15.000. .July 1, 1911 3>«a, M&N, 23.000. .Nov. 1, 1919
J&J,
4s,
F&A, 75,000.. Aug. 1, 1924 3Wjs, M&N, 30,000.. Nov. 1, 19*0
A&O. 60,000. Oct. 1, 1925
48,
INTER EST on bonds Is payable at the Nat.Bank of Rederaption.Bos.
I

.

.

TOTAL DEBT, SINKING FUNDS. ETC-

Dcc. 1, 1900.
$4,H1 4,400
Total bonded debt
8inking funds
1.021 4«6
Net municipal debt Dec. 1.. $3,592, 934
Water debt (additional)
$3,302,100
Sinking funds
604.326
Net water debt
$2,697,774
Net city and water debt. . . .$6,290,708
.

Dec. 1, 1899.

$1,350,400
930.731
$f,4H),(>(>6

$3,272,100
46 5,584
$2,806,516
$6,226,182

Dec.

1,

1898

$4,012,400
780,3 62
§3,232,038
3,249,100
515,397
$2,703,703
$5,935,741

.

BORROWING CAPACITY -The borrowing capacity for city purposes on Dec. 1, 1900, was $445,992 05.
The sinking fund for the ten-year loans receives yearly 9 per cent
of the amount of outstanding bonds, for fifteen- rear loans 5^> per cent
yearly, forthe twenty- year loans 334 per cent, for the thirty-year loans
238 per cent and for the forty-year loans l^ per cent.
WORKS.— The cost of the water works up to De
CITY
cember 1, 1900, was $5,670,2'.. 9, while the net debt on the same is
$2,497,774. In year 1900 receipts from water rates were $319, -179.
ASSESSED VALUATION.— The city's assessed valuation and tax
rate have been as follows, property being taken at cash value
Rale of Tax
Assessed Valuation
Total
per $1,000.
Personal
Real
Tears—
$16'90
$94,465,930
$17,865,230
$76,600,700
1900
17-10
91,542,795
16,991,995
74,550,800
1899
1640
IK, (342,990
89,551,090
72,908,100
1898
17-50
86,641,745
16,302,545
70,339,200
1897
15-70
80,911.060
16,607,360
64,303.700
1895
1560
15,339,925
67,574,925
52,235,000
1890
15-50
55,346,555
12,758,255
42,588,300
1885
1600
11,699,660
49,629,060
37,929,400
1880
POPULATION —In 1900 (Census) was 91,886; in 1890 it was
70,028; in 1880 it was 52,740; in 1870 it was 39,634.

WATER

:

,

5 ROBERT BIRD, Treasurer.
r^ a tvtt^/^vtvt
1 «J1N.
(WALTER AMES. Clerk.
This town is in Norfolk County.

—

LOANS—

When uue.

Water Bonds—

July 1, 1926
J&J, $4,000...
Bond, debt Feb. 23,1901. $139,000
Total valuation 1900... .3,957, OcO
Assessment about 3j actual value.
Total tax rate (per M.) 1900 $1630
Populationin 1890 was
4,538
Population in 19oO was
4,584

1901 to 1917
J&J, $85,000
($5,000 due yearly on July 1.)

1918 to 1923

J&J, $36,000

($6,000 due yearly on July
4s,

1.)

1924 to 1925

J&J, $14,000

($7,000 due yearly on July 1.)
INTEREST is payable at the town treasury.

JAMES GOULD, Mayor
PUpt CT7 A — ^T. B FROST, Treasurer.
Ort.riJ_»ri/\..
1

The

$

city is in Suffolk County.

LOANS—

PrBLic Improvement Loan—
A&O, $40,000
Oct.l, 1907
48.A&0, $150,000.... Oct. 1, 1901
A&O, 70,000
Oct. 1, 1927
48, A&O,
90,000
Oct. 1, 1903
A&O, 22,000
Oct. 1,1925
4s, A&O,
70,000.... Oct. 1, 1905
Special Loans—
4s, A&O, 100.000. .. .Oct. 1, 1907 4s, J&D, $19,700
Dec. 1,190?
Refunding Bonds—
4s, J&D, 10,000
Dec. 1,1904
4s, A&O, $181,000. ...Oct. 1, 1911
4s, J&D, 32,000
Dec. 1,1911
4s. J&D, 276,500. ...Dec.l, 1911
Water Bonds— 1891—
Park Loan—
4s, g.,J&J 15.$150,000g.Jul.,19U
4s, A&O. $100,000.... Oct. 1,1936 4s, g.,J&J 15, 150,000g. Jul., 1921
INTEREST is paid in Boston at National Bank of Redemption or by

When Die.

City Bonds—

48,
4s,
4s,

City Treasurer, Chelsea.

TOTAL DEBT, SINKING FUND, Etc.—The subjoined statement
shows Chelsea's total municipal debt, the water debt, the special loans
and the sinking fund held bv the city, on the 1st of January of each
of the last four years.

Mr. Frost, the City Treasurer, informs us that
all the indebtedness <>/ f>e city of Chelsea is now covered by special law,
and that hence the 2^ per cent limit on the indebtedness of Massachusetts cities does not apply.
Jan., 1. '01. Jan., 1900.
Jan. 1, *99. Jan. 1, '98.
Loans and debt....* $1,161,200 '$1,119,200 *$1, 109,700 *$1, 109,700
Sinking fund
312,460
253,228
208,044
158,088

Net debt
Water debt (addit'al)

$8P5,972
$300,000
50,921

$901,656
$300,000
43,641

$951,612
$300,000
36,642

Net water debt. $241,505
$249,079
Total net debt
$1,090,245
$1,115,051
* Including improvement loan.

$256,359
$1,158,015

$263,358
$1,214,970

do

sinking fund

$848,740
$300,000
58,495

and tax rate have been as follows

in the years

Assessed Valuation
Personal.

Tears—
1900
1899
1898
1897
1895
1890
1884

named.

Rate of Tax
per $1,000.
$13-40
17-40

Real
Total.
$21,381,250
$2,330,500
$23,711,750
21,204,150
2,238,827
23,442,977
20,988,600
2,303,80*
23,292,408
1740
20,751,100
2,304,827
17-60
23,055,927
20,032,050
2,482,993
22.515,043
1700
18,187,500
2,613,439
17-60
20,801,139
15.802,550
2,300,947
18,103,497
I860
POPULATION.-In 190C (Census* was 34,072 in 1890 it was

27,909; in 1880

it

was 21,782;

in

1870

it

was

WlunDue.

18.547.

,

1903
1908
1915

Sewer Bonds—
1928

,$70,000

4s

1923
4s
25,000
Miscel. bonds, $45,000.1901-1910
,

DALTON FIRE
son, Treasurer. —

Light Eonds—
4s.
4s,

F&A,
F&A.

$35,000... .Aug.

1

,

1929

16,000... Aug. 1,1930
Total debt Feb. 1, 1901.. $251,000

Siuldna funds
26,796
Tax valuation 1900
4,684,363
Tax rate (per $1,000) 1900.. .13-33
Population in 1890 was
4,427
Populationin 1900 was
5,652

DISTRICT.— John

D. Car-

In Berkshire County.
Vat -at ions for Dalton.
When Due.
LOANS—
Tax valuation, real
Warer Loans—
$1,546,890
1914 Tax valuation, personal ],10«,860
4s, J&D, $50,000
On demand Total valuation, 1900... 2,653,750
4s,
6,000
Bonded debt Apr. 15, 1900. $56,000 Assessment about H actual value.
16,000 Population 1900 (of town)... 3, 014
Floating debt
Total debt Apr. 15, 1900.. 72,000 Population 1890 (of town). ..2,885
There has never been any tax levied by the fire district, as water
rents pay all expense and a balance of about $1,000 is appropriated
yearly for improvements or sinking funds.
INTEREST on the bonds is payable at Boston and Pittsfleld.

Th

s

town

is

in

LOANS—

A. P.

LEAROYD, Town

JULIUS PEALE,

Essex County.
When Due.

Town House—
4s,

AAO.

$26,150. ...Oct., 1900-16

Electric Light Bonds—
4s, J&D, $11,000... June 1, 1916
4s, J&D,
4,000.. ..June 1,1917
July 1, 1928
5,500
4s, J&J,
3^4?,A&0. 4,000.. Apr. 1,1929
3J48.A&0, 1,500.. Apr. 1, 1930

School Bonds—
Oct. 1,1903
M&N,$3,400
1901-1915
J&D, 13,500
J&D, 10,000.... June 1,1917

4s,
4s,
4s,
4s.
48,

J&J, 7 ,000.... 1901 to 1*05
1906 to '17
J&J, 12,500

Water Bonds—

5s.

J&J, $150,000

July

4s,

J&D,

June

40,000....

p.rp.Tj A n/r
Ufc.lJi-1/YiVl.
This town

is

1,
1,

1906
1911

Treasurer

Clerk.

Water Bonds
4s,
4s,
4s,
4s,
4s,
4s,
4s.
4s,

Bond, debt Feb. 1, 1901. $345,893
Sinking fund
89,907
Water debt (incl. above) 247,343
Water s. f. (incl. above).
85,536
Tax valuation 1900
5,227,990
Tax rate (per $1,0001 1900.$14-40
Populationin 1900 was
8,542
Populationin 1890 was
7,454
Treasurer.
Clerk

<E. A.

in Norfolk County.

LOANS—

When Due. Bond, debt Mar.

F&A, *120,000.Feb.

1,

Sewkr BondsIs.

(Con.)—

J&D, $15,000
Junel.1913
A&O, 22,800. ...Apr. 1, 1919
F&A, 12,515
1920 to 1926
J&D, 14,000
June 1. 1926
F&A, 2,993.... Feb. 1, 1927
F&A, 1.335
Feb. 1,1928
J&J,
2,800
June 1 ,1929
J&J,
1,600... June 1, 1930

— $DON BROODS. HILL,
GLEASON

Towv

1902-41

1901-1917

,$74,400

4s,

.votes—
$52,3(0

1901-1917

School Loan—
4s

1, 1901.$1 20,000
Note indebtedness
126,700
Assessed valuat'n, real.$7,283,325
Assessed valuat'n. pers'l. 1 ,523.895
Total valuation 1900.. 8,807,220
Tax rate (per $1,000) 1900. $16 40
Populationin 1890 was
7,123
Population in 1900 was
7.457

EASTHAMPTON.—Jos. W.Wilson, Treas.
town
Hampshire County.
This

is

in

Water debt, 3^8 & 4^8.
Sewer debt. 4s & 4^8..

$28,000 Tax valuation, person'l $640,376
23,600 Total valuation 1900... 3,003,786
School loan, 4s
16,000 Assessment about % actual value.
Miscel. loans, 4s
12,700 Tax rate (per $1,000) 1900. $15 00
4,395
Bonded debt Feb.. 1901
80,300 Population in 1890 was
5,603
Tax valuation, real
2,363,410 Population in 1900 was

rn7t?rJT7T"r
V XL.t\rL. 1 1

—

5

CHAS.

C.

NICHOLS, Mayor.

NATHAN NICHOLS,

Treasurer.
Everett is in Middlesex County. It was formerly a part of the town
of Maiden, but was incorporated as the town of Everett on March 9,
1870. It became a city on Jan. 1, 1893.
Water Bonds—
When Due.
LOANS—
Sewer Bonds—
July 1, 1922
4s, J&J, $30,000
4s, J&J, $50,000
July 1, 1921
Jan. 1, 1911 4s, J&J, 100,000
J&J, 50,000
July 1, 1911 4s, J&J, 70,000
Jan. 1, 1924
48,
4s, J&J, 125,000
July 1, 1923
City Notes—
4s. M&S, 94,000.... March 1, 1929 3128 to 5s, $312,550.... 1901-1924
INTEREST on the water bonds and sewer bonds is payable at the
Winthrop Nat. Bank, Boston on city notes by Treasurer's check.
£

;

TOTAL DEBT, SINKING FUNDS, ETC$831,550
127,784

$766,950
108, 69*

Jan. 1.'99.
$693,475
90,620

$703,766

$658,252

$602,855

Jan.
Total debt
Sinking funds

JAMES H. LOOMIS, Mayor.
mirr^VZTTT? — (JOHN D. WHITE, Treasurer.
V-'ruiV^Wi-^.C.tL,.

1,

11,000
4,000

48, .....

48

Oct.

Hi

CITY PROPERTY.—The city owns its water works, which in 1900
earned from water rates $85,000.
ASSESSED VALUATION.—The city's assessed valuation (the same
as actual value)

LOANS—

Water WorksIs. A&O, $45,000

DANVERS.

4s,

4s,
4s,

21

W>*S6;ftCttU6rrTS-"C!TJ£S }*N& TUWTMS.

April, 1901.

UAlN

-

1,

1901. Jan. l.'OO.

May

1, '98.

$664,450
73,743

5

Net debt

$590,707

Hampden Co., and was incorporated as a city 'n 1890. Water debt (inol'd*d)$200,000
200,000
$190,000
$200,000
When Due.
LOANS—
City Notes— (Concluded)
Bridge Loan—
ASSESSED VALUATION.— The assessed valuation of real estate
3^23, J&D, $10,000.. Sept. 1, 1904
4s. J&D, $53.000
June 1, 1904 3*28, J&D, 10,000 .June 29, 1908 In 1900 was $17,332,650; personal property, $1,372,450; total.
Electric Light Bonds—
3^8, J&D, 23,000 ..June 1, 1909 $18,705,100; total tax rate (per $1,000), 1901, $1673. Property is
4b, J&D, $66,000
1901-1922 31*8, JAD, 10,000 Sept. 1, 1910 assessed at a fair cash value
4e, J&D,
6,000... July 15, 1906 3348. J&D, 10.000. .Auja 9, 1902
POPULATION— In 1900 was 24,336; in 1890 it was 11,068; in
Citv Notes—
3i28,J&D, 51,500. ..June 1, 1902 1880 it was 4,159 in 1870 it was 2,220.
4}2S, J&D,
$2 ,000. ..Dec. 1, 1903 3^8, J&D,
1.000. ..Dec. 1, 1901
.""50 .. On demand
4V .J&D
Water Bonds—
DR. JOHN H. ABBOTT, Mavor.
J&D, 10,000... Aug. 29, 1901 4s, J&D, $269,000. $11,500 yearly.
48,
CHAS. P. BRIGHTMAN. Treasurer.
4s,
J&D, 2.500.. Dec. 1, 1903 Total debt Dec. 1. 1900.. $605.3.ri0
HENRY W. CLARKE. City Auditor.
4s,
J&D. 10.000... Oct. 1,1905 Water debt (included)....
Chicopee

Is

In

"

.

;

FALL RIVER.—

48,
48,
4s,
4s.
4s,
4s,

J&D,
J&D,
J&D,
J&D,
J&D,
J&D,

2, 800...

Tax
1902 Tax

Deo. 2,1905

23,500... June 1,
6,500.. Nov. 18, 1902
10,000. ..June 1, 1906
2,000.... Deo. 1.1901
26,000... June 1,1907

CLINTON.— Charles
This town

269,000
7,015,070

valuation, real
valuation, personal. 2,280,07
Total valuation 1900... 9,295,140
Tax rate (per $1,000) 1900. $1800

Population in 1890 was
Population in 1900 was

E.

Shaw,

14,050
19,167

Treasurer.

Worcester Countr
When Due. Bonded debt. Feb. 1.1901. $497,000
LOANS.—
Rsi rMnxii Bonds—
Floating debt
44,035
3^8, J&J. $9,000
.July 1, 1930 Total debt Feb. 1, 1901.. 541,035
Funding Bonds—
Sinking fun. 1
118,769
3**», J&J. $145,000 July 1, 1930 Net ebt Feb. 1, 1901... 422.2BH
Water Bo*ds—
Water debt (Included)
352,000
4s, A&O, $125,000.. ..Oct. 1, 1901 Water sinking fund (inc.) 104,928
4s, A&O, $100,000 ...Oct, 1, 1907 Tax valuation 190
7,51 1.199
48, J&J,
30.000 ...July 1. 1914 Tax rati (perM.) 1900
$18-00
4s, J&J,
20,000.... July 1, 191" Population In 1900 was... 13,6*7
48, J&J,
50.000.... July 1,1921 Populationin 1890 was
10,424
4b, J&D,
27,000. June 1, 1926
is

in

(

CONCORD.— J.
town
Middlesex
This

is in

M. Keyes, Clerk of Selectmen.
County.

.1

This city, which

is

LOANS—

City Hall Loans—
3%s,

M&N,

$2,000

was incorporated in ls~>4.
Municipal Loans— (Con )—

in Bristol Countv,

When Due.

May

1,

1901

City Hospital Loan48, F&A, $2,500
Feb. 1,1902
Public Library—
4b, .IAD,$7."..000
Junel, 1925
4s, J&D, 75,000
Dec. 1, 1925
4s, J&J,
75,000
Jan. 1,1927
4s. M&N, 25.000..
. May 2, 1918

Highway Loans—

4^8, J&D, $5,000.... Junel, 1901
413s, M&S, 40,000.... Sept. 1, 1901
4*28, A&O, 10,000 ....Oct. 2, 1903
4s,
F&A, 5.000... Feb. 1, 1902
I-.
M&S. 102,000... Mch. 1, 1906
3>2B, F&A, 1 4,000. ..Auif. 1, 1910
3Hjs, F&A,
133,000.. Feb. 1, 1911

4b, M&S, $86,500. . . .Mar.
4s, A&O,
21,000. ..Oct.
4s. F&A, 173,000... Feb.
4s, M&S, 190,000. ..Mch.
Jan.
28,000
4s, J&J,
4s, M&S, 150,000. .. .Mar.
4s, F&A, 205,000.... Feb.
190,000.... lob.
4s. F&A,
15,000.... Aug,
48, F&A,
3*2, F&A, 130,000. ... Feb.
.

1903
1,1904
1,1905
1, 1904
1, 1906
1, 1907
1, 1908
1, 1909
1,1909
1, 1910
1

,

Water BOOT

&A, $300,000... Feb. 1,1904
300,000... Aug. 1,1905
(Is.
100,000... Nov. 1, 1906
IAN". 100,000.. .May 1,1908
Feb. 1,1 909
1 00,000.
5h, F& \.
:>s. MAN.
100,000... May 1,1909
1' wing Loans—
4V>. J&D, 25,000... June 1, 1905
75,000... June 1, 1923
4^8, J&D, $2,500. ...June 1, 1P01 4s, J&D.
'00.
Nov. 1, 1923
4s. M&N, 20,000
May 1,1909 I-. M&N,
j:.,ooo.. May 1, 1924
Municipal Loans—
I-. M&N,
4s, MAN,
4s, M&N, $19,000. ..May 1,1901
25,000.. .Nov. 1, 1924
Mav 1, 1925
25,000
($9,500 due yearly) to May 1. 1902 Is..MAS,
4s,
J&J, $1-0,000* July 1, 1901-1 2 4-, J&D,
50,000. .June 4, 1925
6s,

F&A,
MAN,

. .

.

:

22

ST/1TE /HMD CITY SUpfltWfcNT.

iff" " D <eLOANSWater Bonds— (Concluded) —
4s, MAX, $25,000... Nov. 1,1925
25.000. ..Mav 1, 1926
4s, MAX,
4s, M&N,
25,000.. .Nov. 1, 1926

Sewer Loans—

1

1,1927
1927
1928
1928
1929
192»
1. 1929
1. 1930
20,000. ..May 1,1930
1931
2),000

25,000... Apr.
4s, AA-o,
25,000... Nov.
4a, MAN,
4s,
25, 000... Apr.
25,000... Nov.
4s, MAX,
4s, M&N.
50,0< O...Mav
4s, FA A,
1 50.000 . Auj
3iss, MAX, 175,000 . . . Nov.
3i2S, F&A. 100.000 .Feb.

A&O

1,
1,
1,
1,

.

.

MAX.
3^8
Watbb Tank—
3ks,

Fell 1, 1902
FAA, $,500
School Loans—
414s. AAO, $150,000* .Oct. 2, 1913
AAO, 00,000... Apr. 1, 1916
4s,
4s, F&A, 100,000*.. Aug. 1, 1917
4s, AAO,
70,000. ...Apr. 1,1917
4s, F&A.
25.000.... Aug. 1.1909

4s,

312s,

M&N,

100,000* ..May

1, lt)25

412S.J&D, $27/00... June 1,1901
($2,500 due v'rlv)to June 1, 1911
4^s, AAO, $10.000. ...Oct. 2, 1913
Apr. 1,1902
4s, A&O, 27,500
($2,500 due y'rly) to Apr. 1, 1912
4s, MAN". $25,000... May 1. 1913
75,000. .Apr. 1, 1926
4s, A&O,
4s,
A&O, 18,000 .Oct. 1. 1914
4s,
F&A, 65,000 .Feb. 1, 1925
M&S, 25,000 .Mch. 1, 1914
4s,
4s,
J&J. 100,000 .July 1, 1926
.Mav 1, 1905
3*eS, MAX, 125,000
3%s, M&N, 5,000. .Nov. 5, 1901
($500 due yearly) to Nov. 5, 1910
:>'• s MAX,' $27.000.. .May
1, 1901
($3,000 due y'rly) to May 1, 1909
3138, AAO, $22,500. .Apr. 1, 1901
($2,500 due y'rlj to Apr. 1,1910
)

4s, A&O, $50,000.... Apr 1, 1927
Apr. 1, 1928
4s, A&O, 40,000
July 1, 1928
4s, J A J. 100.000*
Feb. 1, 1929
4s, FAA, 20.000
4s, M&N, 40,000.. ..May 15, 1929
4s, FAA, 25.000 ... Aug. 1,1929

Special loans.

INTEREST

SINKI MG FUNDS,

Permanent

&c

loan,

.

Jan. 1, '99
$2,674,000
78,830

Jan. 1,1900.
$2,919,250
81,088
$3,000,338
682,935

$2,752,830
533,457

$2,374,782
735,691

$2,317,403
670,831

$2,219,373
671,879

Net city debt, less spec'l loans.$l,639,091
Water debt (additional)
$1,920,000
Water sinking funds
581,648

$1,646,572
$2,000,000
628,969

$1,547,494
$1,950,000
519,592

$1,371,031

$1,400,408

Net

city debt

Special loans, less sinking fds.

Netwaterdebt

$1,338,352

Tot. net debt, less special Joans.$3,713,134
$3,017,603
$2,947,902
The city's assessed valuation (about the
ASSESSED
same as real value) and tax rate have been as follows
Total
Rate of Tax
Personal
Real
Valuation. per $1,000
Tears—
Proper/}/.
Estate.
$18-20
1900
$4=>,653,950
$27,857,664
$73,511,614

VALUATION—

1899
1898
1897
1896
1895
1890
1885

POPULATION— In
74,398

;

1880

in

it

1780

71,642,320
70,941,286
71.292,363
69,286,496
65,238,178
53,473,183
43,820,005

26,773,770
26,899,436
27,928,463
27,350,696
25,195,128
21,013,533

44,868,550
44,071,850
43,363,900
41,935,800
40.043,050
32,459,650

1900 (Census) was 104.863;
was 48,961; in 1870 it was 26,766.

in

17-80
17-20

1700
17-20
16-40
18-80

1890

was

it

TTlTr^T-n^TTTOr^
rii v-/rT.r3U.t-tv_x. — (OHAS A. BABBITT, Mayor.
GEORGE E. CLIFFORD, Treasurer.
J

This city

is

in

LOANS—

Bridge—

Woroester County.
When Due.

Sewer—

JAD, $1,000
Dec. 1,1901
M&N,*9,000 (reg.)Nov. 1, 1902 48.M&N, 10,000 (reg.)Nov. 1,1903
Burbank Hospital—
4s, M&N, 35,000 (reg.)Nov. 1,1912
4s, J&D, $90,000 (reg.)Dec. 1, 1903 4s, J&J,
3,000 (reg.). .1901-1906
Hospital Bonds—
3128
8.000.... June, 1901'08
3hs, ... ,$100,000
Optional 4s, J&D, 6,000 (reg.)Dec. 1, 1906
Fire Department—
4s,
,10.500. .Dec, 1901-1907
4s,

4s,

4s,
4s,

J&D,$35,000(reg.)June 1. 1903
5,600
June '01 07

313s
2,400...
June '01-08
3J2S.J&J, 1,800. ..June, 1901-'09
.

3

J&J, 14, 000
City Bonds—

1901 1910

tts,

31*8,
3>«8.

9.000. .Nov., 1901 1909

M&N.5.000

1901-1910

Sidewalk—
....,$4,900. ...Dec, 1901-'07

4s,

1,600 .. June, 1901-'08
6.300 (reg.)....1901-'O9

3^8,

3^8

J&D, $200,000(reg.) J'nel .'13 3*9S.M&N.5,000
3%8,M&N,
5,000. ...1901-1910
Street—

1901-1910

4s,

3i28,A&0.
2.000
Grade Crossing -

J&D, $8,000
Paving

4s,

(reg.)

—

M&N,

4s,
3*28, .....

3*28
3128, ....,

1901
Dec.

1,

1905

,

3^s

4,000. ...Dec. 19<1'08

3»28,

17,100
2.700

..
.

July 1001 -'09
Nov. 1901 '09

,

1901-1907
3,500
8,000
June,'01-'08
5,400
Dec.'01-'08
12,600 (reg.)....190l-*09

S.MAN, 5,000.

3*.

Water—

4s,J&J,$100,000

$5,000 (reg.)1901 to 1903
(reg.)Apr. 1, 1904

4s, M&N,$20,000 (reg.)Nov.l,1902
3138. J&J, 18,000. ..July, 1901-*09
4s, JAD, 25,000
June 1,1914
4s, M&N, 200,000(c&r),Mayl,1923

31<28,J&J,

(reg.)Oct. 1, 1903
l2,000(reg.)J'ly l,'01-*06

J&D,

3^28

A&O, 32,000
School—

48.JJAD,

A&0,$50,0no

2,500 (reg.)Nov. 1,1902

Police Station—
4s,
4s.

4s,
4s,
48,

4a,
4s,
6s,
6s,
4s,
4s,

M&N,
MAN,

1901 1910

(reg.) July 1,

1901

ll,000(reg.)Nov, 1,1902
25,000(reg.)Nov.l, 1903
J&J, 80,000(cou.) July 1, 1905
J&J. 20,000(cou.)J uly 1, 1906

M&N,100,000(reg.)Mayl. 1911
A&O. 300,000ireg.)Apr.l, 1922
3!a8,J&D, l2,000(reg.)Dec.l, 1922

50,000(reg.)Junel. '25
1901-1910
19,000

PAR VALUE OF BONDS.— The

Sewer Bonds—

F&A, $140,000.... Aug. 1, 1908
Interest is payable in Boston.
Total debt May 1, 1900.. $343,913
4s,

Binking funds

bonds are for $1,000 each, part

seat

Net debt
$1,264,169
Water debt, included above
$648,000
Water sink, fund, Incl. above.. $195,909

Dec. 1,1899. Dec. 1.1898.

$1,592,200
398,878

$1,530,200
340,630

$1,193,322

$1,189,570
$636,000
$151,125

$648,000
$173,018

ASSESSED VALUATION AND TAX RATEPersonal
Property.

Real
Estate.

1900
1899
1898
1897
1896
1895
1894
1893
1892
1890

$18,430,275
18,127,160
17,778.838
16,603,260
16,113,647
15,328,719
14,267,106

$5,009,617
4,998,091

4,656,253
4,652,016
4,660,212
4,526,75.-)

Total

Valuation.

$23,439,892
23,110,251
22,435,091
21,255,276
20,773,859
19,855,474
18.477,679
18,275,159
17,065,545
15,476,216

4,210,573
1.3,855,603
4,419,556
12.971,915
4,093,630
11.885,080
3,591,126
In 1900 (Census) was 31,531; in 1890

POPULATION—

037; in 1880

it

was 12,429;

in

1870

it

was 11,260.

CO.-E.-A. Newcomb,

Treasurer

Greenfield.

is

$65,357
When Due. Total debt Jan. 1, 1901
LOANS—
Tax valuation 1900
Jail & Bkidge Loans—
22,748,602
4s, J&J, $52,854 23.. ..On demand Tax rate (per M.) '99..
957
Population in 1900 was
state Highway Loan—
41,209
-'05 Population in 1890 was
3s,
38,610
,$10,863 53 Dec ,190
INTEREST on the jail loan is payable in Greenfield.
TAX FREE.—All bonds issued by this county are tax exempt.

GARDNER.— J. D.
town
Worcester

Edgell, Treasurer.

County.
in
High SCHO l LoanIs, JaJ, $55,000 .... 1903 to 1924
This

is

INTEREST

is

Rale of Tax
per $1,000
$18-00

1800
18-60
19-20
19-20
18-10
18-10
18-00
16-40
16-40
It

was

22,-

40,00i>

payable at the First National Bank, Gardner, Mass

GLOUCESTER.—
Gloucester
Essex County.

W. W. FREVCH, Mayor.

EDWARD DOLLIVER, Treasurer.

in

is

When Due.
LOANS—
City and Municipal Bonds—
J&J, $136.000. ..July 1,1908
J&J,
15,000....
1903
J&D, 10,000.... 1901-1905
M&N, 24,000.... 1901-1906
J&J,
16,828.... 1901-1907
J&D, 23,800. .Dec.1,1901'07
4s, J&J,
71,350. ...Julvl.'ol. to
($1,875 due y'rly) Juiy 1, 1938
4s,
4s,
4s,
4s,
4s,
4s,

4s J&D. $29,600. Dec 1,1901. to
($3,700 due y'rlv) Dec. 1. 1908
3*«s, J&J, $19,800. July, 190l-'09
1901-'09
4e, J&D,
63,000
21, 000. Dec 1, 1901-'10
4s, J&D,

Fire Engine-House Notes—
M&S, $1,000
1901

4s.

Improvement Loan Notes—
J&D, $4.500
1903
School-House Notes—
4s, M&S, $30,000
1901-1915
3^s. JAD, 28,500. .June 1, 1901 to
($1,500 due yearly) June 1, 1919
Drainage Bonds—
4s, &AO, $2,800
1901-1907
Bonded d'bt Decl8,1900.$530,828
4s.

Sinking fund
188,652
Net debt Dec. 18, 1900... 342,176
Park debt (additional).
71,250

Total valuation 1900. 16,101 ,863
A ssessment about 34 actual value.
July 1, 1901 Tax rate (per $1,000) 1900.. $18-20
4s, J&J. $50,000
July 1.1902 Population in 1890 was
4s, J&J, 50,000
24,651
1901-1910 Population in 1900 was
3^s,..,
5.0)0
26,121
NTEREST on the city bonds is payable at the First National Bank
of Boston on the city notes at City Treasury.
.

Highway Improv. Bonds—

I

;

GRAFTON.— A. County
A. Simmons,
town
Worcester
This

Treasurer

in

is

LOANS—

When

true.

Funding Bonds—

A&O, $58,500
Oct. 1,1901
($1,500 due yearly) to Oct. 1. 1939
Mar. 1, 1901.
$i8,5uo
Total debt
Total valuation 1900.... 2,405,750
4s,

.

Tax rate (per $1,000) 1900. $1900
Population in 1890 was
5,002
Population in 1900 was
4,869
School Bonds—

3^s, J&J, $44,500... 1901 to 1939

GREENFIELD.—Wm.

B.

Allen, Treasurer.

This town is in Franklin County. The fire district is a municipal
corporation within the town and has^, distinct debt.
When Due. Settlement Town ofDeerfield.
LOANS-

Briuge Loan—
J&J, $8,000

4s,

J&J, $10,925

Oct. 25,

4s,

J&J,

Oct. 15, 1901

General Loan—

Renewal RR. Bonds—
$6,000

1905

($3,000 due y'rly) to Oct. 15, 1902

School Loan—

4s,A&O,$10,000...Oct. 15,1901-2
4s, A&O, 15,000. ..Oct. 15,1903-4

Sewer Loan—

4s,

J&J, $12,000

TAX FREE-

Population in 1900 was
7,927
Population in 1890 was
5,252
All bonds issued by this town are tax exempt.

July 16, 1914

HAMPDEN CO
County seat

is

J&J, $10,000 ...Oct. l,'06-'07
Interest is payable at Greenfield.
Tot. town d'bt Mar., 1901. $72,925
Fire Dist. debt Mar ,1901
34,875
Tax valuat'n, real
4,684,922
Tax valuation, personal. 1,285,159
Total valuation 1900.... 5,970,081
Tax val'n, Fire Dis. 1900.5,310.621
Assessment same as actual value.
$15-60
Town total tax 1900
Fire District tax, 1 899
050
4s,

May 1,1905

48,

M. Wells Bridge, Treasurer,

Springfield.

When Due. Funded debt Jan.
LOANS—
Floating debt
Court House Notes—

1901. $220,000
1
21,146
Total debt Jan.'l 1901.
241,146
Jan. 1,1902
7s, ....,$20,000
y'rly) to Jan. 1, 1903 Sinking fund and cash..
94,203
($10,000 due
Tax valuation in 1900.148,764.777
Jail & H. of Corr. Bonds—
Population in 1890 was. ..135,713
3s, F&A, $200,000.... Aug. 1, 1905
Temp'y loan Nov.5, 1901. $100,000 Population in 1900 was... 175, 603
INTEREST on the jail and house of correction bonds la payable at
the First National Bank of Bos-on, Mass.; other interest payable at
the Springfield Institute for Savings, Springtield, Mass.
,

,

UA17PDU1I — }FRED. A. GLINES,Auditor.
MAV Hi.rt.rlll-.L_,. JOHN ROWE, Treasurer
1

5

L.

is

in Essex County.

LOANS—

Bonds—
4s, A&O, $70,000
on coupon bonds is payable in Boston at Merchants' 4s, A&O, 55,000
INTEREST
Bank. The interest on registered bonds is remitted by check.
4s, A&O, 90,000
48, A&O, 50,000
TOTAL DEBT, SINKING FUNDS EtcDec. 1.1900.
$1,723,600
459,431

1, 1900... $274,056
Total valuation 1 900
8,909,900
Total tax (per $1,000) 1900. $2000
Population in 1900 was
11,302
Population in 1890 was
9,239

69,857

FRANKLIN
County

This city

registered and part coupon.

Total city debt
Sinking funds, cash, etc

in

Sewer loans, included

$3,228,363
853,581

Total debt
Sinking fund, &c

is

LOANS—

1930
1930

Etc-

Jan.1,'01.
$3,143,5»0
84,863

Municipal bonded debt

Middlesex County.
FR AM INGH AM. —This town Mav
When Due. Net debt

Tax valuation in 1900. $5,416,090
Tax rate (per $1,000) 1900.. $2000
Total debt May 1, 1900.. $150,000 Population in 1900 was
10,813
School loans, included...
55,000 Population in 1890 was
8,424

paid only at the office of the City

is

Treasurer; on some small issues, in Boston

TOTAL DEBT,

1,
1,

,2 "',000

3H>s,

on most of the bonds

LXXII

1931

3«flB,M&N,25,000 ....May
3 H>s,F&A, 20,000 ... Aug.
*

Vol.

When Due.

City

Oct.
Oct.
Oct.

Oct
'

Oct.
A&O, 60,000
Oct.
A&O, 110,000
A&O, 25,000.... Oct.
A&O, 25,000.... Oct.
65,000.... Oct.
Is, AAO,
66,000.... Mar.
4s, M&S,
Oct.
36,000
4s, A&>,
Apr.
Is, AAO,
50,000
Water Loan Doc.
4s, J&D, $300,000
4s,
4s,
4s,
4s,

1901
1903
1904
1921
1902
1905
1,1922
1, 1923
1,1906
1, 1907
1, 1909
1, 1910
1,
1,
1,
1,
1,
1.

LOANS-

Water L«>an

(Con.)

J&D, 500,000
J&D. 100,000
School Bonds—

4s,
4s,
4s,
4s,
4s,

AAO,
A&O,

— When Due.
Dec. 1,1922
Dec. 1, 1927

,$25,000.... Dec 1, 1907
10,500 ....Apr. 1, 1908
10,000
Oct. 1,1909

Street Bonds—

AAO,
A&O.
A&O,
sewek
4e, AAO,
4s, AAO,
1912 4s, AAO,
4s.
4s,
4s,

$22,000 ....Apr. 1. 1908
A-.r. 1,1909
50,000
12,000
Oct. 1,1910

Bonds—

Apr. 1, 1908
$2.000
5,000
Apr. 1, 1909
Oct. 1,1910
5,000
1,
payable
INTEREST on the water bonds and on the city bonds is oftiee. at
National Bank of Redemption, Boston, and at Treasurer's
the
TOTAL DEBT.—The following statement shows1900.city's debt:
Jan. 1,1899.
Jaw. 1,1901. Jan. 1,
$928,250
$895,950
$956,000
Bonded debt
325,160
301,774
337,010
Sinking funds

$594,176
Netdebt
$l,011.0o0
Water debt (additional)
142,596
Water sinking fd. (additional).

$618,990

$603,090

Net water debt (additional).... $868,404
$1,462,580
Total net debt of city

$839,693
$1,458,683

$864,162
$1,467,252

8

Borrowing capacity Jan.
102 80.

1,

1901, for munioipal purposes, $166,-

ASSESSED VALUATION of the city and the tax rate have been
as follows in the years indicated. Assessment about % actual value,
Tax rate
-Assessment.
Total.
Personal.
per $1,000.
Real.
Years.
$17-40
$26,443,933
$5,839,623
$20,604,310
25,60i,234
17-80
5,209,468
20,394,766
25,502,483
1780
5,194,814
20,307,669
16-80
24,942,096
5,137,599
19,804,497
16-80
21,228,671
4,561,414
16,667,257
16-70
20,793,004
4,734,556
16,058,448
17,870,772
1700
4,731,106
13,139.666
On January 4, 1897, Haverhill annexed the town of Bradford and
assumed its indebtedness, which is as follows, and is included in above
statement of "Total Debt."
When Due.
When Due
LOANS—
LOANS-

1900
1899
1898
1897
1896
1895
1890

Improvement Bonds—

Bridgk bonds—

Jan.
J&J, $25,000
($2,500 due yearlv) to Jan.

July 1,1901
J&J, $5,250
($1,050 due yearly) to July 1,1905

4s,

4s,

School House Bonds—

1,
1 ,

1903
1912

Tot. bds.outstdg.Sep.l 5,*00$52,450
Water debt (additional)... Ill, 000
Population in 1890 was
3,720

Jan. 1,1902
J&J, $11,000
($1,000 due yearly) to Jan. 1,1912

4s,

Sewer Bonds—

July 1, 1901
4^8, J&J, $5,500
($500 due yearly) to July 1, 1911
POPULATION.— In 1900 (Census) was 37,175;
27,412; in 1880, 18,472; In 1870, 13,092.

HOLBROOK.-Geoege
This town

LOANS—

When Due.

Water Works—
4s,
4s,
4s,
4s,

A&O, $30,000.... Apr.
Apr.
A&O, 30,000
Apr.
A&O, 40,000

1907
1912
1917
July 1,1922

J&J,

1,
1,
1,

35,000
Interest is paid in Boston.
Bonded debt Jan.1,1901. $135,000
Floating debt
19,682

XJ/-\T I LJlTVli,.
rivJJ_ ~Vr\T*V?
This city

in

is

B.

French,

it

was

Treasurer.

—

LOANS—

I

|

I

Total debt Jan. 1. 1901. $154,682
Sinking fund assets
44,059
Net debt Jan. 1,1901.... 110,623
Total value town prop'ty 177,251
Tax valuation in 1900... 1,217,680
Tax rate (per $1,000) 1900..$20-00
Population in 1900 was
2,229
Population in 1890 was
2,474

ARTHUR

5

B.

Interest.

<

.

1911

$85,000
105,000
City bonds
190,000
Apr. 1, 1905
150,000
July 1, 1906
125,000
"
D
1907
166,000
"
Sept. 1, 1908
90,000
"
1899 3^gJ
July 1,1909
30,000
1899 4g.
May 1, 1909
7,000
School loan
1895 4g. J & D
June 1, 1915
150,000
"
1896 4g. J & J
July 1, 1916
100,000
"
1897 4g.
Mar. 1, 1917
S
109.000
1900 3VigM&N
May,'01to'20
150,000
Sewer bonds
1893 4g.
May 1, 1913
50,000
1893 4g.
Oct. 1, 1913
100,000
.Waterloan
1897 4g.
Jan. 1,1927
250,000
"
-•
1900 4g.
July 1, 1930
50,000
Holyoke&Westf. RR. (ref.) 4g.
July 1, 1913
60,000
do
do 1890 4g.
Oct. 1, 1910
166,000
INTEREST is payable at the Nat. Hide & Leather Bank, Boston.
Sept. 1,

June 1,1914
July 1, 1904

J&J
A&O
J&J
M&

&J
M&N

M&

M&N
A&O
J&J
J&J
J&J
A&O

TOTAL DEBT, SINKING FUND, EtcTotaldebt
8inklng fd.

& RR.

stk.

1

,

$2,083,000
470,228

1, '99.

$2,447,000
881,388

Jan. 1, '98.
$2,482,000
978,009

$1,589,868 $1,612,772 $1,565,612 $1,503,990
Waterdebt.incl. above $300,000
$250,000
$500,000
$500,000
CITY PROPERTY— Included in the city's sinking fund as given
above is $226,500 Holyoke & Westfleld RR. stock. This road is leased
to the New Haven & Northampton and has paid dividends since 1879.
The value of all city property not including water-works is estimated at $1,488,390. The water-works of the city are valued at $1,100,000.

ASSESSED VALUATION AND TAX ROLLRale of Tax

Real
Total
per $1,000.
1900.
$29,374,720
$10,360,830
$16-40
$39,735,550
2H.703,8?0
1899
8,957,120
37,660,950
16 00
1898
28,239,530
7,637,010
1440
35,876,540
1897
25,057,810
7,414,450
15-80
32.472,260
1896
16-40
21,908,720
7,648,505
29,557,225
1895
20,578,390
7,126,235
27,704,625
1680
1890
16,914,870
18-00
5,158,955
22,073,825
POPULATION— In 1900 (Census) was 45,712; in 1890 it was 35,637; in 1880 it was 21,915; in 1870 it was 10,733

Rnn^DlVr
u LJZ>KJW
n.

This town

is

.

—

5
\

SAVILLIAN ARNOLD, Treasurer.
D w STRATTON, Clerk.

LOANS—

Amount.

Water Notes
Electric light note?.
Total debt Jan. 1, 1901..
Cash & uncollected taxes

M V nF
n
^
This
l

J-'

R

F> A
R"
~-^-r\irV.

1

town

Is

—

loans-

UIKNRY
HlENRY

Nov.

LiDRAhY Bonds—

M&N,

$21,000.
($2,000 yearly) to
(pi, 000 yearly) to

1,
1,

is in

Sewer Loan—
M&N. $135,000

1901
1903

4s.

Essex County.
When Due.

i

Water Bonds—
J&J, $147 ,000

Bonded debt Jan.

July

1,

1924

1, '01.. $147,000

M&N,

'

|

Condon,

Treasurer.

Floating debt
24,590
Total debt Jan. 1, 1901.. 171
Sinking fund
$13,816
Net debt Jan. 1, 1901
157,774

July 1,1902

J&J, $65,000

Bonded debt Jan.

l.'Ol. $2,108,500

Floating debt
77,883
Total debt Jan 1,1901. 2,186,383
Sinking funds & assets.
760,360
Net debt Jan. 1, 1901. 1,426,014
765,049Water debt (included)..
Water sink'g fund (inc.)
3,621
Net water debt (includ.)
761,428
Borrow'g capacity Jan.

73,000. July, 1901-1909

J&J,

3H>s,M&N,$25,000.. .Nov., 190110
4s, J&J, 300,000
July 1,1904
4s, M&S,
36,000.Sept„ 1901-1 912
4s, J&D,
15,000.Dec, 1901-1903
4s, J&D,
69.000.June,1901-1925
4s, M&N, 25.500.Nov., 1901-1917

2S2.494
1.1901
Assessed val'at'n.real.. 30,510,075
Assessed val'ation.per'l 9,345,722
Total valuation 1900.. .39,855,797
Assessment about full value.
Tax rate (per $1,000) 19(0. $15 60
Population in 1890 was
44,654
Population in 1900 -was... 62,559

J&D, 37,500.... 1901 to 1925
Public Building Bonds—
4s,
$32,500. .Dec, 1901-1905
,

18.000. Nov., 1901-19«'6
45,000. .Dec, 1901-1906
INTEREST is paid at the Tremont (now Eliot) National
Boston and by the City Treasurer.
4s,

1906

J&J,

Bridge Bonds—

4s,

Municipal Debt Bonds—
F&A, $3,000.. ..Feb. 1,1905
July 1,1924
J&J, 262,000
1901-19C9
J&D, 80,000

6s,
4s,
4s,
3s,

1,

477,000.... July 1, 1923
A&O, 175,000... Oct. 1,1923
(Subject to call after Oct. 1, 1913.)

$9,00 .Nov., 1901-1906

,

4s

CITY PROPERTY.—The city owns property valued
99, including $1,220,890

in

at $2,588 ,597

Joslin, Treasurer.

in

When Due.
LOANS—
Miscellaneous Loans —
A&O,$103.000...Oct. 1,1925 4s, A&O, $1,000
Oct., 1901
M&N, 5,000....May 1, 1901 4M8.J&D, 5,000
Dec, 1901

When

LOANS—

Water Works—
4s,
4s,
45.

Bank

70 for water works.

A&O,

Due.

F&A,
J&D,
3ios. M&N, $60,000.. May, 1902 07
A&O,
3^s,M&N, 5,000
May, 190")
A&O.
3VP.M&N. 70,000. .May, 1909-15 3V»,M&N,
Sew er Loans—
4s, A&O,
412s, M&N, $7,000... Nov. 1, 1903 4s, A&O,
3,500... Dec. 1. 1901 4s, A&O,
414s, J&D,
49,000

Oct.,

1923

2,300
5,000
20,000
3,000
4,000

4s,
4a,
4s,
4s,

Refunding Water Bonds—

3?8 s,

M&N,

6,000.. .May

1904

1,

J&J,

4.,

..

Feb. 1905
June, 1905
Oct., 1905-06

1902
May, 1904

April,

14, 000.. April, 1902-03
April, 1905
7.000
April, 1907
6,000

t

July, 1908

8,500

F&A.
7,000. .Feb. 1,1905 Demand loans
Town Hall and School—
Trust funds

$26,300
23,314

4s,

4^s, J<sJ, $13,900... July 1,1918
4s, M&S,
50,000..Mar 1914-19
4s, M&S,
30,000.. Mar., 19*0 21

Total debt Feb. 23, 1901. .597,114
6,204,415
real
personal. 1,102,530
Tot'l valuation in 1900.-7,306,945
Total tax (per $1,000), 190O.$210O
7,269
Population in 1890 was
Population in 1900 was. ...12,392

Tax valuation,
Tax valuation,

,

11,000.. Mar, 1922
MAS,
M&S,
3,500.. Mar., 1913
F&A,
9,300.. Feb., 1914
school Bonds—
3ks, M&S, $20,0o0.May,1909&'10
3ks, M&S, 8.S00. ...May 1,1908

4s,
4s,
4s,

INTEREST

I

on the water bonas is payable at the Boston Safe Deposit
Boston on the 4 per cent general debt loan at Leomins-

Trust Co. of
on aU other loans at Boston.
;

ter;

LEXINGTON.—
This town

is

LOANS—

G.
!

D HARRINGTON, Treasurer.
SAVILLE,

L. A.

Clerk.

in Middlesex County.

When Due. Bonded debt Jan.
I

Water Works Bonds—
Floating debt
4s, M&N, $160,000
1901-1916 Totaldebt Jan.
|

($10,000 due yearly on Nov.

1.)

4g, J&J, $6,000, g..July 1, 1901-06
($1,000 due vearly.)
4s
$7,000 g.. Jan., 1902-1908

'

I

Refunding Water—

1,

1901. $235,000

63,460

1901.. 298,4(0
4,435,860
Tax valuation, real
Tax valuation, personal 746,200
5,182,060
Tax valuation 1900
Assessment same as actual value.
$15-00
Tax per $1,000 1900
Population in 1900 was
3,831
1,

$10,000 g....Nov. 1. 1917
10,000
Nov. 1,1918 Population in 1890 was
4s,..., 10,000
Nov. 1, 1919
4s, g. M&N, 10.000.... Nov. 1, 1920
1

48,....,

3,197

I

.

I

|

LOWELLThis city

«en

LOANS—

When Due.

Brii>i;ks—

4s.

378 s, F&A, *:4,000...1901 to 1904
($6,000 due yearly on Aug. 6.)
4s, F&A, $7.800
19(2 to 1904
($2,600 yearly on Feb. 21.)
4s, J&J,
$30,000... 190^ to 1905

M&N,

$7,070 ...1901 to 1907
($1,010 yearly on Nov. 24.)
4a, F&A, $24,080 .Dec. 1901-19C
4s, J&J,
28,000. July. 1901-1908
3*28, F&A,20.0C0
1901 to 1908
($2,500 yearly on Aug. 6.)
4s, J&J, $10,800 ...July, 1901-09
C. H. & M. Building—
4s, A&O, $1.">00
April, 1902-04
4s. A&O,
450,000.. ..Oct. 1, 1920
.

Miscellaneous—

MAX,

$16, 500.. .1901 to 1903
($15,500 due vearlv on Nov. 1.)
MAN. 20,000. Nov. 1, 1901-*02
Is M&S,
4,700... st-pt. 14, 1901
4s, M&N,
5,500 ..Nov. 28, 1901
;>_>s. A&O, 40,000 ...1901 to 1904
($10,000 due yearly on Oct, 19.)
Is.

OI a X .$50,000(reK.) 1901 to 1905
($10,000 due yearly on Nov. 27.)
Is, M&V, $30,000." U01 to 1906
I

oOO due yearly on Nov. 18.)
M&N, $80,000. .May, 1901-08

4s,
4s.

M&N,

80.000-. Nov., 1901-08

4 s,

J&D,

38/ 00.. Dec, 1901-08
28,000.. Mar., 1302 09

Mas,
3»«s, F&A,
4s, J&D,
4s, J&D,

3 las,

DIMON, Mayor.

C. A. D.

ANDREW G. STILES,

Treasurer.

in Middlesex County.

is

3»e8, M&ti,

E.

BAILEY, Treasurer.
SHEA. Auditor.

Water Bonds—
A&O, $100,000.. ..Apr.

6s,
4s,
4s,

M&S, $40,000..Sept., 1901-10
A&O, 50.000.Oct. 1, 1901-10
Cemetery Bonds—
4s, J&D, $7, 500. June, 1901-1903
City Debt of 189b—

4'i-.

1901-1927

($5,000 annually on May 1.)
Total debt Feb. 1, 1901... $16^,000
Tax valuation, real
9, 43.725
Tax valuation, personal. 1,110," 23
Total valuation 1900... 10,554,
Tax rate (per $1,000) 1900. 17-80
Population in 1900 was
13,244
Population in 1890 was
10,193

May 1,1901
May 1, 1903
May 1, 1918

IPSWICH.— Thomas
4s,

BUNTON, Treasurer.
B. TERRY, Clerk.

S.

U,

tB,M&V, $6,000

LOANS—

Total tax (per $1,000) 1900.$UO -35
Population in 1900 was
5,454
Population in 1S90 was
4,670
Population in 1880 was
3,739

When Due.

($2,000 duo yearly) to Nov.

This town

in 1900.. .3.001,496

in Norfolk County.

town Bonds —
4b,

Tax valuation

J.

in

3*28,
4s,

Is,

Net debt Jan. 1,1901.... $165,339

$65,600
1 0^,400
37.000
203,000
42,661

A.

e,

($7,500 yearly on Jan 4.)

situated in Middlesex County.

Town Notes

is

4s, .....

Assessed Valuation.
Personal

Tears—

RICHARD

F&A, $184.000. Aug. 1, 1901, to
($8.0c0 due yearly) Aug. 1. 1923

Net debt

.

ARTHUR

S

*

4s.

&

1901 June 30,1900. Apr.

$2,133,000
543,132

—

Company

Essex County. No bonds issued by this city, the
have ever been contested.
Public Building Bonds- (Con.)
When Due.
LOANS—
4s,
,$38,500. Sept., 1901-1907
School Bonds—

This city
a

officials st

City Treasurer.

When Due.

M&
&D

Mar.

payable in Boston at the Old Colony Trust

W

is

Principal.
Outsland'ng.

,

Rate. Payable.
1891 4g.
S
....1894 4g. J
1894 4g.
1895 4g.
1896 4k.
1897 4g. J &
1898 4g.
S

.

is

T
A
ftlilNOli
1_,A \J.TX3 rrMrc

County.

NAME OR PURPOSE.
Bridge bonds

INTEREST

LEOMINSTER.— C. A.
This town
Worcester County

CHAPIN, Mayor.

PIERRE BONVOULOIR,

J

Hampden

,

rate (per $1,000) 1900. $13-00
Population in 1900 was
4,658
Population in 1890 was
4.439

valuation, real
2,456,112
valuation, person'l
789,223
Total valuation 1900... 3,245,335
actual value.
Assessment about %

4s,

in Norfolk County.

is

Tax

Tax
Tax

Sewer Bonds—

in 1890

23

/^B TOWNS.

MAS8*CttU8&TT8---CITI£8

April, 1901.

25.S00.. Sept., 1901-0!*

26,550 .Auc, 1901-09
9.700..June,190l-09

'.

15,750. .June,190109

Miscellaneous— (Con.)—
J&D, $12,600.. Dec, 1901 09

M&N, 5,490. .Nov., 1901-09
MAN, 23,400. .Nov., 1901-09
3Us, A&O,
3, 150.. Apr., 1902-10
3,150. Apr., 1902-10
3^8, A&O,
3^8, A&O, 18, 000.. Oct, 1901-10
3S 10 s,
Is,

3H-8,

J&D,

7,500..

Dec, 1901-10

Park Bonds—

F&A, $70.210. .Feb.
PAVrNG Loans—

3ios,
4s,

M&N, $14,000. .May,

48,
3^>s,
4s.

J&D,
J&D,

19,

3^9,

M&N,
M&N,

1904

1901-02

ll,970.June, 1901 03
20,400.June. 1901 04
15,0(0.. May, 1901-06

12,000. May, 1901-10

Textile School Loan—

MatN, $15,000 ..May, 1901 06
Public Buildings—
312s, A&O, $2,800.. ..1901 to 1904
($700 due yearly on Oct. 19.)
4s, M&s, $1 1.400(reg.)1901 to 1906
($1,900 due yearly on Sept. 19.)
Is, J&D,
$9,000.... 1901 to 1902
($4,500 due yearly on June 3.)
4s,

4a,
3>as,
4s,
4a,
4s,
4s,
4s,
4s,

A&O, $28,800. .Oct., l!<01-08
AVO, 0,7 00.. Apr., 1902-10

J&J.

i.

J6.000.... July

6,

1901

A&O. 1.900
Oct. 19, 1901
J&D, 7.000... June, 1901 02
F&A, 14.000. .Aug. 31.1901-02
A&O, 150,000... April 1,1921

J&J. 200,000.. ..July 1, 1926
3^*. J&D, 10,000. ..1901 to 1904
$2,500 duo vearly on July 12.)
4s, FA- A. $31,500
1901 to 1907
($4,500 due yearly on Aug. 10.
.

—

1
1

i

24

STATE AND OiTY 8Uf fi£M£NT.

LOANS—

Sewer Bonds— (Con.)
M&N, $52,500. ...1901 to 1907
($7,500 due yearly on May 11.)

When Due.

Schools- (Con. i—
3*88,

A&O,

4s,

$40,500. .April, 190 2-10

State aid— Spanish
4s.

F&A,

:

:

War—

M&S,

$24, 000.. ..Sept., 1901 08

4S.3&D,
4s, J&D.

9,000 ...Dec. 1901 09

4a,

$4.160.. .Aug., 1901-1908

1127,000. June 1901 to '09
1902 3»«8,F.vA, 27,000.. Aug. 9, 1901-'09
1902 SVs.F&A, 5,400. Feb 1. 1902-'10
1903 318S.AAU, 35. 000. Apr 21,1901 '10
1902 to 1905 4s. F&A. 30,000 .Aug 6, 1901-'10
4,900
4s, J&J,
3^s,AsO, 30 000. Oct 31 ,190 L-'IO
($1,200 due yearly on .Ian. 4.)
3i«s, M&N, $20,000.-1901 to 1904
Drivkn Well Loan—
4s, F&A, $75,000 Aug., 1901-1910
($5,000 due yearly on May 4.)
1901 to 1905
Water Works—
4s, F&A, $50,000
1901 to 1902
4s, J&D, $20,000
($10,000 due yearly on Aug 7.)
.May 16, 1901
49, M &N. $10,000.
($10,000 due yearly on Dec. 1.)
1901 to 1903 4s, M&N, $75,000. Nov. 1, 1911
4s, J&D, $17,400
M&N,l,000,000.Nov. 1, 1920
4s,
($5,800 due yearly on June 17.)
4s, J&D. $36,600
1901 to 1903 3^8, F&A,
20,000.1901 to 1904
($12,200 due yearly on Dec. 3.)
($5,000 due yearly on Aug. 6.)
1901 to 1910
4s, M&N, $10,500.
1901 to 1907 4s, F&A, $50,000
($1,500) due yearly on Nov. 8.
($5,000 due yearly on Aug. 7.)
35ss, M&N, $45,000.-1901 to 1906 4s, M&N, $28, 700... 1901 to 1907
($7,500 due yearly on May 5.)
($4,100 due yearly on Nov. 8.)

Sewer Bonds—
A&O, $5.000
A&O, 5ti,000
4s, A&O, 94,000

Apr.

48,
4s,

9,
Oct. 2,
Apr. 2,

LXXII

Vol.

special acts of Legislature in excess of the city's legal debt limit. The
total amount of outstanding bonds thus authorized is $750,000.
PAR
OF BONDS.—The bonds are $500 to $2,500 each.
PAYABLE. -Coupons are payable at the
Bank of the Republic, Boston, or at the City Treasurer's othoe, Lynn;
other interest is payable by City Treasurer only.

VALUE
INTEREST-WHERE

TOTAL DEBT, ETC.-

Dec 20, '99. Dec. 20/98.
$2,464,650 $2,391,650
796,334
680,750
583,273

Dec. 20, 1900.

Funded debt

$2,55\150

water)

(excl. of

Sinking funds

Net debt
Water debt (additional)
Water works sinking fund

$1,758,816
1,800,300
451,718

$1,783,900
1,810,300
449,054

$1,808,377
1,835,300

426,141

. .

. . .

TOTAL DEBT, SINKING FUNDS,

ETC.—

Jan. 1, 1901.
$2,550,780
320,5^3

Jan. 1, 1900.
$2,647,020
294,332

$2,230,257
$1,274,700
287,226

$2,352,688
$1,229,800
273,623

Net water debt
$987,474
Total net debt of city.. .$3,217,731

$956,177
$3,308,865

City debt
Sinking funds

Net city debt
Water debt
Water sinking fund

Jan. 1, 1899.
$2,620,050
259,954

$2,360,096
$1,259,900
246,916

$1,012,994
$3,373,080
CITY PROPERTY.—The city owns real estate and personal property valued at $9,005,576 45.
ASSESSED VALUATION.— The city's assessed valuation (about
actual value) and tax rate in different years have been as follows
-Assessed Valuation
Mate of Tax
Fears
Real Estate.
Personal.
Total,
per $1,000.
190)
$56,007,135
$71,496,735
$18 80
$15,489,600
1899
19-60
55,878,355
15,373,017
71,251,372
1898
18-00
55,622,880
15,313,363
70,941,243
1897
54,678,720
15,707,450
1740
70,386,170
1896
53,935,960
15,965,987
1500
69,901,947
1895
52,257,400
18-00
16,524,642
68,782,042
1890
17-00
45,316,150
17,037,462
62,353,612
1887
41,322.794
15,426,459
1570
56,749,253
POPULATION.— In 1900 (Census) population was 94,969; in 1890
,

it>as 77,696.

;

WM.

[H.

BRACKETT. Auditor.
FRENCH, Treasurer.

F.

S.

Essex County.

Lynn pays

fund yearly
an amount of money sufficient, with the accumulations of interest on
the sinking fund investments, to pay off the entire debt at maturity.
When Due.
When due.
LOANSLOANS—
is

in

J&J, $25,000,

.Jan. 1, 1903

r.

Engine House—

J&J, $15,000, r....July

J&J, $20,000, r...July 1,
J&J, 50,000, r... Jan. 1.
4s,A&0, *40,000. r
Apr.,
3%s, J&J, 10,000, r..July 1,
4s, A&O, 90,000
Apr. 1,
20.000. r... July 1,
4s, J&J,
4s,A*O,*100,000, r...Apr. 1,
4s,
4s,

1901
A&O, 10,000, r....Apr.
1902
J&J,
5,000, r.... Jan. 1,1901
J&J,
4,000
Jan. 1, 1908
4S.A&0, 10,500
Apr. 1, 1908
*10,000
4s,A&0,
Apr. 1, 1916

4s,
4s,
4s,
4s,

1,
1,

Street Improvement—

Municipal Loan—
4s, J&J, $15,000 ....July 1,1902

4s,
4s,
4s,
4s,

4s,
4s,
4s,

4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s.

J&J,

J&D,
J&J,
J&J,

Jan

68,000

38,000
29,150

A&O,
A&O, 54,000,
A&O, 72,000

r..

1.

Oct.

1,

Apr.

Public Library
4s.A&O,*$35,000

1.
...July 1, 19()5
....Oct. 1, 1905
r . Apr. 1, 1906

1,1906
July 1, 1907
J&J,
60,000, r
A&O,
6,000, r .Apr. 1, 1908
A&O, 35,500, r... Oct. 1, 190 !
J&J,
8,000, r. Jan. 1, 1907
A&O, 61,000.... Apr. 1,1909
.Oct.

5,000, r... Jan.
30,000, c .July
6,000, r... Oct.
20,000, r... Apr.
5, 000, r... Oct.
.

.

A&O,
A&O,
A&O,
School House Loan—

1,1903
1,1919
1,1919
1,1920
1,1920

Sewer Loan—

4s,
4s,
4s,

M&S,

M&N,
M&S,

M&N,
F&A,
M&S,

M&N,

J&J,
4a,*A&0,
4s, J&J,
4s,
4b,

A&O,
J&J,

4b. A&O,
4b, J&J,
4b,

25,000,

J&J, 100,000,

A&O,

*

r... Jan. 1,1903
r... Jan. 1,1914
r... July 1, 190 1
r... Sept. 1, 1905
r... J uly 1, 1906
r...Nov. 1, 1906
r... Sept. 1, 1907
r... Nov. 1, 1907
r... Aug. 1,1908
r... Sept. 1,1908

20,000,
10,000,
10,000,
10,000,
10,000,
10,000, r...Ndv. 1, 1908
10,000, r... Jan. 1, L9O0
100,000, r... A pr. 1, 1909
35,000, r... July 1,1910
10,000, r... Oct. 1,1910
10,000, r... Jan. 1, 1911
50,000, r...Apr. 1, 191
35,000, r....Iuly 1, 191
20,000, r...Apr. 1, 1912

(O coupon,

(r)

50,000,
5,000,
30,000,
25,000,
50,000,

J&J,
J&J,
J&J.

Loan—

J&J, $200,000,c&rJan. 1, 1905
8,000, r.. Mar. 1,1903
J&J, 150,000,c&rJan. 1, 1905
M&N, 20,000, r..Nov. 1, 1913
M&S, 50,000, r. .Mar. 1, 1914
J&D, 20,000, r..Dec. 1, 1914
M&S, 10,000, r..Sept. 1, 1916
A&O.
9,000, r.. Oct. 1, 1916
J&J,
7,500, r..Julv 1,1917
F&A,
5,000, r. Aug.l, 1917
A&O,
2,000. r..Oct. 1, 1917
4s,M&N,
6,500, r.. Nov 1, 1917
4s, A&O,
15,000, r.. Apr. 1, 1918
48, J&D,
10,000, r. June 1, 1918
4s, J&J, 85,000, c&r. July 1,1919
4s, A&O, 100,000, c&r. Apr. 1, 1919
4s, J&J,
75,000, r.. July 1,1919
4s, J&J,
35,000, r.. Jan. 1,1920
4s, A&O, 150,000, r..Apr. 1. 1920
4s, A&O,
50,000, r.. Apr. 1,1921
4s, A&O,
25,000, r.. Oct. 1. 1921
4s, J&J,
50,000, r.. Jan 1. 1922
4s, J&J,
25,000, r. .July 1,1922
4s, A&O,
40,000, P. .Apr. 1, 1923
4s. J&J, 165,000, r .July 1, 1925
4s, J&J,
50,000 r .July 1. 192*
4s, J&J,
25,000, r July 1, 1927
4s, J&J,
25,000, r .July 1, 192*
4s, A&O,
10,000, r ..Oct. 1, 1928
4s, J&J,
25,000. r .July 1, 1929
4s, J&J,
25,000. ...Jan. 1, 1930
•Is, A.&O,
25,000 ... Oct. 1, 1930
3%B, MAN, 7,300, r.. May 1, 1904
334 8, M&N, 31,000, r..Nov. 1, 1913
334S J&D, 6,000, r.. Dec. 1,1915
3^s, M&N, 66,500, r..May 1, 1905
312s, J&D,
5,000, r.. Dec. 1,1905
3^, A&O, 2,000, r.. Apr. 1,1916
3128, M&N, 24,500, r..May 1, 1916
3^8, J&D, 3,500, r..June 1, 1917
3»28, F&A,
6,500, r..Feb. 1, 1917
4s. A&O, 100,000, r... on demand.

M&S,

.

.

. .

J&J, $10,000,
J&J, 25,000,
J&J, 30,000,

J&J,

A&O,

Water Loan—

48,A&O,$30,000, r....Oct. 1,1901
48, A&O, 20,000, r....Apr. 1, 1902
4s, J&J, 28,000, r.... July 1,1902
4s, J&J, S.000, r....Jan. 1,1903
4s, J&J, 10,000, r.... July 1,1903
4s, J&J, 5,000, r.... Jan. 1,1904
4s, A&O, 10,200, r....Oct. 1, 1904
4s,* A&O. 60,000. r. ...Apr. 1, 1909
4s,*A&0, 50,000, r. .Oct. 1,1910
48,*A&O,140,000,c&r.Apr. 1, 1911
Jan. 1, 1908
5,500
4s, J&J,
Jan. 1,1918
4s, J&J, *35,000
Apr. 1, 1918
4s, A&O, 25,000
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

Apr. 1,1917

5s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

A&O, $12,000, r... Oct. 1,1902
J&J,
J&J,

A&O, $30,000 r,..Apr.

A&O, 35,000
4s,*A&0, 125,000,
4s/ A&O, 25,000,

1904
1904
1905

A&O, *30,000, r.. Jan. 1, 1919
A&O. 121,000, i.. Apr 1,1910
Park Loan—

4s,
4s,
4s,
48,
4s,
4s,

1912
1913
1916
1904
1908
1915
1927

1, 1902
r.. Jan. 1, 1903
r..Oct. 1, 1903
r.. Jan. 1,1904
r..Jan. 1, 1904
r.. July 1,1905
Apr. 1, 1908
r.. Apr. 1, 1920
r.. Oct. 1,1921

4s,
4s,
4s,
4s,
4s,
4s,
4s.

3,000, r.. Jan. 1, 1903
29,000, r.. Dec. 1, 1904

A&O,
7,803,
A&O. 24,500

to the sinking

Sewer Loan— (Con.) —

Cemetery Land-

4s,

,

CITY PROPERTY AND

WATER WORKS.-The

,

I

Miscellaneous Bonds—
4s, Var.,
4s, A&O,

$35,800, r. .1902 to 1904
56,000, r Oct. 1, 1907

Temporary

loan, 150,000.Nov ,'00

registered.

The loans marked thus

(*)

in the

above table are authorized by

city property,

consisting of real estate, school buildings and public parks, amounts
to $2,445,525.
Total cost of water works to Jan. 1, 1901, $2,472,821

ASSESSED VALUATION.—Assessed

valuation and tax rate, real
cash value." have been
Assessed Valuation
Rate of Tax
Real
Personal
Total,
Tears—
per $1,000.
$42,364,060
1900
$9,291,126
$51,655,186
$1800
17-80
41,920,665
9,171,283
51,091,948
1899.
17*60
41,575,536
9,384,798
1898
50,960,334
17-40
41,157,046
9,724,857
50,881,903
1897
1720
10,441,874
39,256.182
49,698,056
1895
15-00
29,390,332
11,340,046
40,730,378
1890
17-60
17,913,543
5,470,192
23,383,735
1880
17-20
14,277,212
6,649,903
20.927,115
1870
POPULATION. -In 1900 (Census) was 68,513; in 1890, 55,727; in
1880, 38/274.

estate being taken " at about three-fourth

,

>CHA8. L. DEAN, Mayor.
lVTATTiTT-M
1V1/^J_,1J£L,1N.
(HENRY A. WILDER. Auditor.
This city is in Middlesex County, and was incorporated Jan.

—

LOANS—

When Due.

Brick Sidewalks
M&S, $1.000.... Mar. 15, 1902
M&S,
Mar.15, 1902
3,000

4s,
4s,

($1,000 due yearly to Mar.15, 1904

J&D, $4,000
June 1, 1901
($800 due yearly) to June 1, 1905.
4s, J&J, $6,000
July I, 1901
($1,000 due yearly) to Julyl, 19u6
July 1, 1901
4s
$7,000
($1,000 annually) to July 1. 1907.
4s, J&J, $3,000.. .June, 1901-1903
3*28, ... 4,000.. ..June, 1901-1904
3V>s. J&J, 7,000... July, 1901-07
4s.

LYNN.—
This city

Net water debt
1,34«,582
1,361,246
1,409,159
Total net municipal debt
3,145,146
3.217,536
3,107,398
The funded debt as giA'en above for Dec 20, 1900, includes loans to the
amount of $750,000 in excess of debt limit and issued under authorTemporary loans amounting to
ity of special acts of Legislature.
$525,000, are not included in totals. Borrowing capacity for 1901,
$52,000.

Fire Department—

4s,
4s,

,

900

Nov. 1,1901
($300 due yearly) to Nov. 1, 1903
Aoril, 1902
4s,
$8,400
($600 due yearly) to April 1, 1915
,

Public Parks—
J&J, $80,000

4s,
4s,
4s,
4s,

J& T,

J&J,
J&J,

July
July
July

10,000
10.000
20,000

Inly

1882.

2,

SewerageMay 2, 1922
4s. M&N, $50,000
May 2,1923
4s, M&N, 100,000
4s, M&N, 200,000... .May 2, 1924
4s, M&N, 150,000. ...May 2, 1925
4s, M&V, 100,000.. ..May 2, 1926
Street Loans—
Mar.15, 1902
4s, M&N, $3,000
($1,000 due yearly) to Mar.15. 1904

M&N,

Nov. 2,1901
June 1, 1901
($2,000 due yearly) to June 1, 1905
July 1, 1901
4s, J&J, $12,000
906
($2,000 due yearly) to July 1
Julyl, 1901
4s, J&J,
$1,000

4s,
4s,

$1,200

J&D, 10,000

1

,

1901
1907
1901
1902
Nov. 1. 1901
4s.
$2,500
($1,000 due y'rly) to Nov. 1, 1903
1944 4s, J&J, $8.000.June 1, 1901-1908
3,
3, 1945 •-O2S, $9,000 .June, 1901 to 1909
3,1947 3M28, J&J, $5,000 .. July, 1901 05
3, 1924 3^3, J&J, 10,000 .. July, 1901-10

Apr., 1902-08

$7,000

M&N,

\

School House Loans—

Julyl,
4s
7.000
($1,000 annually) to July 1,
Aug. 1,
4s
,$2,000
($1,000 annually) to Aug. 1,

4s,

2,f>00 ..Nov., l901-'03

,

Nov.. 1901
July 15,1901 4r,
1,200
J&J, $10,000
Miscellaneous Loans—
($5,000 due y'rly) to July 15,1902
Mar. 1, 1902 4s, M&S, $4,000 ....Sept.,1901-'02
4s,M&S, $5,500
2,000... Aug., 1901'02
4s, M&N,
70,000... Nov. 1, 1901 4s
2,000... Sept., 1901-'02
($5,000 due yearly) to Nov. 1, 1914 4s,
.July 1, 1901 3128
3,000 ... May, 1901. 'OS
4s, J&J, $26,250.
8,000. .. .Feb., 1901-'08
($1,750 due yearly) to J uly 1, 1915 3>«8
Water Construction—
4s, J&J,
$3, 500.. ..July 1, 1901
July 1, 1901
($700 due yearly) to July 1, 1905 4s, J&J, $10,000
July 1, 1907
95,000
4s, J&D, $27,750... June 1. 1901 4s, J&J,
July 1, 1908
($1,850 due yearly) to June 1, 1915 4s, J&J, 100,000
July 1, 1910
4s, F&A, $51,000..Aug., 1901-1917 4s, J&J, 120,000
July 1, 1912
30,000
1,000
Apr. 1,1902 4s, J&J,
4s,
July 1,1913
68,000
.Aug. 1,1901 4s, J&J,
6,000
4b,
Jan. 1, 1914
42,000
($1,000 annually) to Autf. 1, 1906. 4s, J&J,
Jan. 1, 1915
10,000
4s, A&O, $2,000. Apr., 1902 to 1903 4s, J&J,
Jan. 1.1916
19,000
3^8. ..... 3.000 Junel901 to 1903 4s, J&J,
July 1,1916
15,000
4s, J&J,
Drainage Bonds—
Julyl. 1919
36,000
July, 1901 4s, J&J,
4s, J&J, $1,000
July 1. 1905
3>28, ..., 9,000.June,1901 to 1909 3^s,J&J, 25,000
July 2, 1920
3^s, J&J, 15,000
is payable at the Nat. Bank of Redemption of Boston.
INTEREST
4s,

,

.

,

. .

,
,

TOTAL DEBT, SINKING FUNDS, EtcTotal debt
Sinking fund, etc

Jan. 1, 1901. Ian. 1, 1900. Jan. 1. 1899. Jan., 1898$1,677,075 $1,714,200 $1,706,550 $1,733,400
201,659
236,722
258,776
290,495

$1,396,580 $1,455,124 $1,469,828 $1,531,741
Net debt
$584,000
$571,500
$585,000
Water debt (includ'd) $595,000
$121,275
$131,163
$142,629
Water sinking fund .. $155,077
CITY PROPERTY.— The city owns property valued at $1,635,845,
not including the water works, which cost $1,073," 83.
ASSESSED VALUATION.—Real estate is assessed at about 75%
.

of its value:

Assessed Valuation
Personal.

,

Tears—
1900
1899
1898
1897
1896
1895
1890

Real.

>

Total.

Rate of Tax
per $i,000.

$16-70
$27,297,540
$3,302,840
16-40
3.376.90O
26,762,400
16 50
26,147,660
3,172,460
22,975,200
16-30
25,385,520
22,426,000
2,959.520
16 00
23,799,560
21,299,200
2,500,360
15-70
2:5,071,940
20,475,500
2,596,440
1510
17,338,450
15,165,800
2,172,650
POPULATION —I" 1900 population was (Census) 33, '.'64; in 1890

it

$23,984,700

'23,385,500

was 23,031;

in

18S0

it

was 12,017.

MANCHESTER.— Edwin
This town

is in

LOANS—

Park Bonds—
3»«8g., $80,000

P.

Stanley, Treas.

Essex County.
$4,664,595
When Due. Tax valuation, real
Tax valuation, persoral 4,059,009

1901-1908

Total valuation, 1900... 8,723,604

$8-80
Tax rate (per M.) 1900..
Water Bonds—
4b, M&N, $96,000.Nov.,1901to'16 Assessment is about aotual value.
($6,0C0 duo yearly.)
Feb., 1901.. $176,000

Bonded doht

Population in 1890 was
Population in 1900 was

1,789
2,522

-

———
—

MARBLEHEAD,
town
Essex
This

LOANS—

Refunding Bonds—
1901-1906
A&O, $27,000

Watek Bonds—
4s, M&N, $56,500.. Nov.,
4s, M&N, 23,500. .May,

1.)

Town Notes—

LOANS-

4s,

MART RnPHTirH —
Ajni-OKJtrHU ULxlTl.
LV1

This place

is

LOANS—

J&D, $50,000
M&S, 15,000
48.M&N, 2,000

48.M&S, 125,000

June 1,1915
1905

May

1901
1901
A A000
Oct.
M&S. 16,200 ..Mar., 1902-' 10
',

1,
1.

Sewer Bonds 1891—
A&O, $125,000.... Apr. 1,1911

4s,

J&J.

M&S,
J&J,

100,000.... Julv 1. 1911
30,000. .Sent. 1. 1914
20,000.... July 1,1918

1901 to 1917

J&J, $56.000

4s,

($3,000 annuallv

to

1912, and

$4,000 annually 1913 to 1917.)
F&A, $1,600
Aug 1901
Trust funds, on demand.. .$1 J.456
City Notes—
4s, A&O, $2,000
Oct. 1,1901

4s,

,

INTEREST

on bonds

is

payable

4s,
4s,
4s,
4s.

1891.

Aug.

1922
1,1924
July 1, 1926
May 1,1930
1,

Sept.

F&A, $2,000

4s,

Aug.

1,

is

$38,000

,

Howe, Towu

Clerk

County.
When Due.

in

F&A,
A&O,

1904-1924
1925
25 000....Feb.l,1^28
15.000 ..Dec. 1,1930

Floating debt
77,559
Total debt
292,559
Sinking fund
17,381
Netdebt Jan. 1,1901.... 275,178
Tax valuation, real
3,814,385
Tax valuation, personal. 905,210
Total valuation 1900
4,719,595
Assessment about 3i actual value.
Total tax (per $1,000) 1900.$16-50
Population in 1900 was
7,512

50,000

25,000.

.,

J&D,

. .

.Oct, 1,

Town Notes—

6s,
4s,
4s,
4s,

$9,950. On demand.
3.309 .Dec. 1, 1903
6,000.. July 15, 1902
9,000.. .July 1,1905

,

J&D,
J&J,
J&J,

School House Notes—
1906-1908 Population in 1890 was
F&A, $18,800
4ws, J&D. 8 000.... Deo. 1, 1903
Engine House Loan—

4,814

4s,

Stone Crusher Notes—

. .

School Notes—

75.000
30,000
150,000
70.000
J&J. 48.000
M&N, 20,000

,

Bonded debt Jan

1924
1, 1925
1, 1920
1, 1907
1, 1912
1,1917
1,

Bridge Notes—
LOANS—
Water Bonds—
4s, F&A, $4,500
1908
4s, M&N, $100,000. ...Mayl, 1924 Bonded debt Jan. 1,1901. $215,000

Sept. 1,1912
Sept. 1,1913
Sept. 1,1921

M&S.
M&S,
F&A,
M&S,

4s,
4s,
4s.
4s,
4s,
4s,

Sept. 1,

J&D, $100,000.. .June
J&D, 100,000... June

This

Mav 1,1904

4s,

4s,

METHUEN.-Joseph S.
Essex
town

B. MORSE, Mayor.
HASKELL, Auditor.

Water Bonds—
M&N, $20,000

When Due.

4s,
4s,

4s,
4s,
4s,

S.

in Middlesex Co.; incorporated as a city in Jan.;

General Loans—

4s,
4s,

GEO.

J

Water Works— (Con.)

When Due.

,

WALTER

5

The new

Mayor.
Auditor.
city charter took effect

—

.

i

«j.

July 1, 1925
1900. $842,000
Floating debt
160,5^7
48,
4s, J&J,
50.000... July
Total debt Jan. 1, 1900.1,002,587
Total assets
25,000... June
48. J&D,
221,195
25,000.. June
Net debt Jan. 1. 1900.... 781,392
4s. J&D,
Water debt, included
4s. J&D,
50,000... June
247,000
Sewer debt, included
School Bonds—
350,000
4', F&A, $200,000. ..Feb. 24,1916 Total value town prop'ty. 572,225
Tax valuation, real.... "11,980,675
f own Hall (renewal)—
4s, M&S, $45,000
Sept. 1, 1912 Tax valuation, personal. 797,690
lax valuation 1900... 12,778,365
Water Works
4s, M&N, $37,000
Nov. 1,1905 Total tax (per 1,000) 1900.. $1800
May 1, 1907 Assessment same as actual value.
4s, M&N. 50.000
4s. M&N, 25,000
May 1,1912 Population in 1890 was
8,519
4s, MAS, 37,000
Sept. 1,1912 Population in 1900
12,962
Oct. 1. 1913
4s,
50,000
INTEREST is payable at the Shoe & Leather Nat. Bank, the Eliot
National Bank of Boston and the Melrose National Bank of Melrose.

1901-'18
1901-'19

J&J,
J&J,

4s,
4s,
4s,

,

(JOHS LARRABEE,
}edwin
Gould,

Seweb Bonds

25,500.Jan.,1902to'20
55,000.July,1901to'21
J&D, 32,000. Dec., 1901 to '21
on the electric-light and water-works bonds is payable
INTEREST
at Boston; on the refunding bonds at Boston and Marblehead; on
town notes at Marblehead.
BONDED DEBT on Feb. 1, 1901, was $269,500; water debt
(included!. $192,500; floating debt, $12,000; total debt, $281,500;
sinking fund, $6,000; net debt, $275,500.
TAX VALUATION (about the same as actual value) has been:
Rate of Tax
Assessed Valuation
per $1,000
Total.
Personal.
Seal.
Tears—
$15 60
$962,231
$6,515,279
1900.
$5,553,500
1920
5,966,441
5,106,250
860,191
1899
1920
753,000
5,639,000
1898
4,886,000
16-80
761,775
5,555,425
1897
4,793,650
20-20
800,068
5,535,668
1896
4,735,600
1770
4,642,200
823,905
5,466,105
1895
21-40
4.213,800
832,032
5,045,832
1891
POPULATION in 1900 was 7,582; in 1890 was 8.202.
$10,500. .Dec, 1901, to '03
On demand
1,500

4s,

25

towtjs,

This city is in]Middlesex County.
Jan. 1, 1900.

Electric-Light BondsJuly 1, 1924
Is, J&J, $30,000

4s,

($5,000 due yearly on Oct.

Mr-r orvCtr
CL-ilrtLJon..

-Everett Paine, Treasurer.

County.
When Due.

is in

4s

m®

M*s6/kC4tusrrr$— cities

April, 1901.

1

-

1902

Aug. 1, 1909
,$15,000...
on the bonds is payable at the National Bank of Redemption, Boston on the town notes, at the Treasurer's office.

4s,

Total debt Jan. 1, 1901.$l,009.650
Sinking funds
262,085
Net debt Jan. 1, 1901
747,571
Water debt (included)
538,000
Tax valuation, real
7,845,606
Tax valuation, personal.. 1,354, 521
Total valuation 1900.... 9.200.127
Tax rate (per $1,000) 1900.$20-50
Assessment is 7-10 actual value.
Population in 1900 was
13,609
Population in 1890 was
13.805
at the Winthrop Nat. Bank, Boston.

INTEREST

;

. .

MIDDLEBOROUGH.-A. H. Eaton, Treas.
town
Plymouth County. The town
Middleborough

. . .

and

is in
This
of
the Fire District of Middleborough are distinct organizations.

LOANS—

Skwer Loan— (Con.)

When Due.

Light Bonds—

M&N,$<5,000

1907
1913
Water Bonds (Fire District)—
67,000... Nov. 1,1901-23 4s, M&N, $57,500 ....1901 to 1923
4s,
Railroad Loan—
Int. paid by Middleboro Sav. Bank.
4s, M&N, $20,000... Nov. 1, 1918 Town debt Jan. J, 1901
$175,444
27 133
($5,000 due yearly) to Nov. 1, 1921 Assets ..
Gen'l Improvement Loan—
Town "debt Jan.'i/Ol 1 48*311
Net
r,7,500
Nov. 1, 1902 Fire dist. debt Jan. l.'Ol
4s
$8,000
Nov. 1.1903 Assessed valuat'n, real 3,261, 12*
48,...., 5 000
3.300 ... .Nov. 1,1915 Assessed valuit'n.pers'l 639.670
4s.
Total valuation, 1900. .3,900.798
School Loan—
Nov. 1,19:4 Tax rate (per $1,0 JO) 19 J0.$19-2->
4s
,$5,000
Sewer Loan—
Population in 1900 was
6,885
4s, M&N, $5,000
Nov. 1, 1901 Population in 1890 was
6,065

4s
4s

,
,

4s,

$15,000. ..Nov. 1. 1904-06
1.200
Nov. 1. 1915

Nov.

1,
1,

($5,000 due yearly) to Nov.

,

WATER WORKS

property

is

are self-supporting and the value of the city

$1,403,570 58.

.

MARSHFIELD.- Geo.
This town
is

in

Plymouth County.

LOANS-

Railroads. &c—
4s, F&A, $25,000

H. Weatherbee, Clerk.
Bonds are tax exempt.

When Due. Tax valuation, real
$1,223,435
Tax valuation, personal 1 05,810

.

Total valuation 1900... 1,329,245
Tax rate (per $1,000) 1900 $18*50
Assess't is about actual value.
Population in 1890 was
j ,713
Population in 1900 was
I,8i0

Total debt Feb. 1, 1901.. $25,000
Sinking fund
600
Net debt Feb. 1. 1901 ....
24,400
Floats debt (additional)
10,500
INTEREST is payable by the Cambridge Savings Bank.

MAYNARD.— G-o.
town
This

is

in

LOANS—

Water Bonds.

MIDDLESEX CO.— J. 0. Hayden,
Lowell and Cambridge.
County
LOANS-

H. Gutteridge, Treasurer.

Middlesex County.
When Due. Net debt Jan.

1,

1901

$112,700

4s,
4s.

valuation, real
1,493,731
valuation, personal. 631,810
Total valuation 1900
2,125,541
Total tax (per $1,000) 1900 $13-50

J&J, $125,000.... Jan. 1,
is payable in Boston.
Bonded debt Jan. 1, 1901. $L25,000
Floating debt
7,000 Population 1900 was
Total debt J an. 1, 1901.
132,000 Population 18 JO was
Sinking fund
19,300
Interest

.

4s,

to

4s,

($10,000 yearly on Dec.

1932

1.)

1901-1905
4s, J&D, $50,000
1907-1924
J&D, $170,000
($10,000 due yearly on Dec. 1.)
1901-01
50,000.... 1901 to 1905 3^s, J&D. $40,000 .Deo
J&D,
Notes. 3428, $69.000. Dec, 1 901-0
($10,000 yearly on Dec. 1.)
J&D, $200,000... Dec. 1, 1906 Note 3 3-5s. 80.000. .Dec. 21, 1901
,

($20,000 due yearly) to Dec. 1, '15.
i&D, $110,000.Dec ,1916to'2l

Total debt Jan. 1, 1901. .$1,019,000
Tax valuation 1900... 515.94-*, 884
$0-76
County tax (per $1.000)
School & Hospital Notes—
Population in 1900 was. ..565,696
34)8, J&D, $9,000. .Dec, 1901 -'03
34iS, J&D, 8,0o0...Dec, 1901-'04 Population in 1890 was. ..431,167
INTEREST on the building and improvement notes is payable at
the office of the County Treasurer on the Court House bonds by the
Beacon Trust Company, Boston.

3,142
2,700

.

Court House Bonds—
J&D, $100,000 ...1923

Wlien Due.

Building Bonds—
Dec. 1, 1901
4s, J&D, $60,000
($10,000 due yearly to Dec. 1, '06.)

Tax
1919 Tax

4s.

Treasurer.

seats are

4s.

.

MEDFORD.-|S^r
Middlesex
This city

is

in

LOANS-

County.
When Due.

Play-Ground Bonds—
4s,
4s.

J&J, $7,000

J&D, 14,000

July
Dec.

J&D, 18,000

($0,000 due yearlv
4s, J&J, $4,000
4s, J&J, 4,000
4s. J&J, 21,000.
4s, J&J, 26,000.
4s, J&J, 26,000.
4s, J.v.I. 20,000
4s, J.v.I, 18,000
4s, FA A, 90,000

Ma-. 35,000
Bbm b Bonds—

1-.

i

R.

1904
1914

Mayor.

LITCHFIELD.

Treasurer.

;

Municipal Loan Bonds—
4s,

1,
1,

Puulic Building Bonds—
4s, J&J, si:,, 000
July 1, 1913
4s, M&N, 56,000
Nov. 1, 1914
4s,

BAXTER,
M&N.

4s.

J&J,

$200,000... May 1, 1917
100.000. Jan. 1,1918

F&A. $50,000
Feb.
Refunding loans—
31*8, J&D. $18,000... Dec.
1901-1903
WATku-H'ouKS Bonds—

n July
Julv

July
July
July
July
July
July
Aug.
Mar.

1.)

1904
1,1907
1,1908
1, 1909
1,1911
1, 1912
1, 1915
1, 1918
1, 1919
1,

1,

1,

.J.v.I.

A&O,

This city

1930
1910

$125,000
July 1, 1910
1902-1923
88,000
($4,000 due yearly on Jan. 1.)
4 s, A&O, $25,000
Oct. 1, 1914
4s, A&O, 25,000
Oct. 1,1919
4s, J&D, 45,000
Dec. 1, 1922
4s, J&J,
Julv 1, 1916
6,000
4s, J&J,
0,000
July 1,1917
4s, J&J,
11,000
July 1,1918
4s, J&I,
15,000
July 1. 1920
4s, J&J,
15,000
July 1, 1921
4s,J&J, 36,000
July 1,1923
4s, M&N, 16,000
Mav 1,1923
Total debt Feb. 1, 1901 .$1,627,794
Sinking funds
390,961

is

Clifford A. Cook, Treasurer.

in Worcester Co.

LOANS—

Property assessed about actual value.

When Due.

School—
A&O,

Town Hall Loan—
342S, M&N. $22,500. Nov.,

$6,000.... Oct. 5, 1901
($2,000 due yearly) to Oct. 5, 1903
3 4)8, M&N, $25,000 Nov., 1909-13
Bonded debt Feb. 15, '01. $-»5,600
5,696,060
Tax valuation 1900
Total tax (per $1,000) 1900.$1880
4s, g.,

1901-09
Refunding (gold notes)—
4*28, M&N, $17,100. Sept. 15, 1901
($5,700 duey'rly) to Sept. 15, 1903
$25, 000... 1904 to 1907
4s,

4S, J&J,
4s, J&J,

*20,000
July 1, 1905
10.000
Oct. 1, 1905
J&J, 12,000
July 1, 1906
4s, A&O. 10,000
Oct. 1, 1906
4s, J&J, 12,000
luly 1, 1907 NetdebtFeb. 1, 1901... 1,236,833
4s, J&J, 10,000
July 1, 1915 Water debt (included;..
413.000
4s, A&O, 10,000
Oct. 1,1915 Tax valuation, real
16,980,000
4s, F&A, 80.000
19101919 Tax valuation, iicrson'l 2,796,400
($20,000 due yearly on Aug. 1.)
Total valuation 1900.. .19,776,400
4s, F&A. $75,000
1920-1922 Assessment about market value.
($25,000 due vearlvon Aug 1.)
Tax rate (per $1,000) 1900. $1840
4s. F&A, $30.000
Aug, 1, 1923 Population in 1890 was
11,079
4s, J&J,
10,000
Julv 1, 1924
Population in 1900 was.... 18,244
4s. A&O,
10,000
Oct. 1, 1924
4s. J&J,
20,000
Julv 1, 1925
4s, J&J,
41,000
July 1,1926
The Municipal Loan bonds were issued to take up the unfunded debt
as It matures.
There is also a fund known as the Bradbury Fund, amounting to
$11,252. This is invested in the Medford 8avings Bank and is not
included in estimating the city's indebtedness.
INTEREST on bonds is paid at the Nat. Bank of the Republic of
Boston. All note* and interest on same are paid by City Treasury.
4s,
48,
4s,

MIL.FORD.

Park Bonds—
4s,

Population in 1900 was
Population in 1890 was
payable at the Milford Savings Bank.

11,376
8,780

($6,250 annually.)

INTEREST

is

MONSON. -This town
LOANS-

is

Jan.. 1901.

$53,000

Water- Works Bonds—
1,779,481
Total valuation 1900
M&S, $2,000
19011902 Assessment at "fair cash value."
.000 yearly on Sept. 1.)
Tax rate (per $1,000) 1900.. $1620
4s, M&S, $18,000
3,650
1903 1911 Population In 1890 was
($2,000 yearly on Sept. 1.)
3,402
Population in 1900 was
4s, M&S, $33,000
1912-1 922
I

1

;

County.

I

4s,
j

Hampden

in

When Due. Bonded debt
|

I

I

($3,000 yearly on Sept.

NATICPv.
This town

is

in

LOANS—

1

)

Edwaed Clark,

Mav 1. 1900.. $i42,610
5,939,075
per $1,000 1900.. $2040
Total tax
Population in l!»oo was
9,488
Population in 1890 was
9,118

Bbwbb Bonds—
48,

Tax valuation 1900

J&J, $17,000. ...Julv 15,1926
218,000
L915-1927

Water bonds, $49,500 ..1901-1908

NEEDHAM.
town
This

is in

LOANS—

Water Deiit—

Treasurer.

Middlesex County,
When Due. Total debt

Levi Ladd, Treasurer.

Norfolk Comity.
When Due.

24.8 to 4s, $169,000

\
I

Various

Issued in anticipation of taxes.

I

|

School District Bonds3k>s

$23.500

1901-1916

($1,500 yearly.)

Refunding bonds

$5,500

:

SW£

26

^ actual value.
Total tax (per $1,000) 19oO.$1400
4,01*
Population in 1900 was
Population in 1890 was
3,035

.

This city

BEDFORD.—
County.

is

CITY SUf f 1£M£NT,

;

[

CHAS.

S.

J AS. H.

ASHLEY, Mayor.

HATHAWAY,

Treas'r.

in Bristol

Whendtte.
Sewer Bonds (reg.)— (Con.)—
LOANS—
City Improvment (reg. &cou )— 3-48, A&0,$30,000.... Oct. 1,1906
Oct. 1, 1901 3H>s, A&O, 15,000.... Apr. 1,1908
6s, A&O, $80,000
($10,000due yeailv)toOct. 1, 1908 3!2S,g,F&A,35,000....Feb. 1, 1927
A&O, 12,000 ...Oct. 1,1909 3i28,k,F&A,33,000....Feb. 1, 1929
6s,
A&O, 28,000 ...Oct. 1, 1910
68.
School & Public Bldg. Bonds—
A&O, 50,000... Apr. 1, 1902 4s.g.,M&S, $128,000 g.Mar.1,1917
48,
4s,g, A&O, 162,000g..Apr. 1, 1903 3i<2S.g.,F&A, 92,000. .Feb. 1. 1918
4s,
A&O, 89,000... Apr. 1, 1904 3^s.g., F&A, 30,000 Feb. 1,1919
4s,c.,A&0, 24,000... Apr. 1,1905 3V,g ,J&D, 200,000. June 1, 1920
4s,g, M&S, 172,000 g.Mar. 1, 1907
Wharf Bonds—
3*2S, g. F&A, 62,000 Feb. 1, 1908 4s. M&N, $52,000 g...May 1, 1927
31*8, g. F&A, 108,000. Feb. 1, 1909
Water Loan (reg. & cou.)—
J&D, 20,000. Dec. 5, 1907 7a, A&O, $90,000.... Oct. 1,1901
4s,
Park Bonds (reg.)—
($10,000 due ye'rly) to Oct. 1, 1909
4s, A&O, $100,000.
.Apr. 1, 1942 6s, A&O, $100,000.... Oct. 1,1905
Sewer Bonds (reg.)—
($20,000 due ye'rly) to Oct. 1, 1909
4s, A&O, $35,000.
.Apr. 1, 1908 5s, A&O, $80,000.... Oct. 1,1901
4s, A&O,
43,000... .Apr. 1, 1909 ($20,000 due ye'rly) to Oct. 1, 1904
4s, A&O,
48, 000.... Apr 1,1910 4s, A&O, $20,000.... Apr. 1,1918
4s, A&O,
57,000
Apr, 1,1911 4s, A&O, 120,000. . . .Apr. 1, 1924
4s, A&O, 100,000.... Apr. 1, 1912 4s, A&O, 200,000.... Dec. 15, 1924
4s, A&O, 108,000.... Apr, 1,1913 4s, g, A&O, 400,000g.Apr. 1, 1926
4s, A&O,
Apr, 1, 1914 4s,g, J&J, 400,000 g.Jan. 1, 1927
32,000
4s, A&O,
58,000.... Apr. 1, 1925 4s, g, J&J, 200,000 g Jan. 1, 1927
4s,g.,M&S, 69,000 g.. Mar. 1,1927 3i«s,g.,J&D, 48,000.. June 1, 1930
3-4s, A&O, 30,000.... Apr. 1, 1906 Temp'y loan due Oct., 'O1.$25O,0Oq
The 4 per cent improvement bonds due in 1903 and the water bonds
due in 1926 payable in gold if demanded.
. .

. .

INTEREST

Boston; on

all

on the 7 and 6 per cent water bonds
others at the office of the City Treasurer.

is

payable at

TOTAL DEBT, SINKING FUNDS, ETCApr. 1,1901.

1898. Mar.

debt... $3,813,000
Sinking funds.
843,989

$2,813 000
651.979

$3,696,000
530,217

1897.
1
$3,520,000
463,175

Net debt
$2,969,011
Water debt, incl.
above
$1,658,000
Park and wharf

$3,070,021

$3,165,783

$3,056,825

$1,660,000

$1,780,000

$1,800,000

$152,000

$120,000

$100,000

Feb. 1,1899.

Bonded

. .

debtincl.above $152,000

LOANS—

Assessment about

Total debt Jan. 1, 1901
$198,000
School district debt (incl.). 23,500
Tax valuation, real
3,126,220
Tax valuation, personal. 280,140
Total valuation 1900....3,406,3t0

NEW

MID

Feb.

1

,

,

The Park Loan of 1942 and the wharf bonds are authorized outside
of debt limit. The floating debt on April 1, 1901, was $144,353.
The municipal sinking fund receives yearly about $100,000 and the
water sinking fund $28,000.

CITY PROPERTY— City's water-works valued at $1,300,000.
ASSESSED VALUATION.—The city's assessed valuation (which

is

the same as actual value) and tax rate have been as follows:
-Assessed Valuation.Rate of Tax
Tears.
Meal.
Personal.
Total.
per $1,000
$3.* ,762,290
1900
$17-60
$22,122,162
$57,884,452
1899
35,558,7.^5
56,107,418
1920
20,548,663
19-20
1898
35,871,525
21,480,601
57,352,126
16-20
1897
35,595,820
22,575,978
58,171,798
15-40
1896
*56,034,917
33,920,700
22,360,417
15*40
1895
52.642,733
31,984,150
20,658,583
16-30
1890
20,041,500
16,818,254
36,869,754
15-70
1880
13,137,519
13,138,400
26,275,919

Less remittances by assessors.

POPULATION— In

40,733; in 1880

it

1900 (Census) was 62,442; in 1890

was 26,845.

NEWBURYPORT.-

J

was

SK &r.

$7,826... Nov. 28, 1903
11,000.. .May 1, 1905
J&D,
50,000.... Junel, 1914
J&J,
9,000.... July 1, 1914
A&O, 60,000.... Apr. 1, 1915
F&A. 75,000.... Aug. 1, 1915
48.J&D, 50,000.... Dec. 1, 1916
4s, J&J, 100.000.... Jan. 1,1917
4s, M&S,
50,000.... Sept. 1,1917
4s, J&J,
15,000.... July 1,1918
4s, F&A,
35,000. ...Feb. 1,1918
3^s,M&S, 82,950.. ..Sept. 1, 1919

Essex County. The city has decided to purchase the
water plant, and the Supreme Court has passed upon the purchase
price.
The water company, however, has appealed to the U. S.
This city

is

in

Supreme Court. Bonds

LOANS-

will be issued af tt r the controversy is settled

When Due. Trust bonds, 4-4 ^s, $79,750. .dem

Armory Bonds-

Bonded debt

Jan., 19ol. $508,953
Sinking funds, etc
222,076
Net debt Jan. 1, 1901.... 286,877
Assessed valuai ion, real 7.272,200
Assessed valuation, per'1.2,863,u33
Total valuation 1900... 10,135,233
Assessment about % actual value.
Tax rate (per $1,000) 1900. $15-50
Population in 1890 was
13,947

3^s, M&S, $4,200. ..$2,000 yearly
City Bonds—
4s, J&J, $65,000
July 1 1908
July 1,1911
4s, J&J. 90,000
4s, A&O, 25,000
Apr. 1, 1913
,

.

Sewer Bonds—

M&8, $107,500.... Sept. 1, 1919
School Bonds 4s,
M&S,$1,500
1901 Population
.. Junel, 1910
3^8, J&D, 27,5-

4s,

iu

1900 was.

..

14,478

Tern, loan, 3s, $104,968

PAR VALUE coupon bonds are for $1,000 each.
INTEREST on all bonds is payable at the City Treasury
First National

Bank

6s,
5s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

Hospital Bonds—

A&O

3s,

$30,000

Oct.

1,

A&O, $10,000. ...Oct.
A&O, 20,000 ...Oct.
A&O, 250,000 ...Apr,
A&O, 200,000 ...Apr,
F&A, 100,000. ...Aug.

1920

1.
1.
1.
1.
1,

Sewer Bonds—

J&J, $600,000.... July
J&J, 250,000.... July

A&O, 100,000.... Oct.
A&O, 100,000. .Apr.
A&O. 100,000.... Oct.
A&O, 100,000.... Oct.
A&O, 250,000.... Oct.
A&O, 100,000 .. Apr.
A&O, 100,000.... Apr.
F&A, 50,000.... Aug.
A&O, 75,000.... Apr.
F&A, 60,000.... Aug.
. .

J&J,
J&J,

70,000.... July
45,000. . ..July
75,000.... Mch.

1905
1906
1,1910
1, 1914
1,1917
1,1918
1,1920
1, 1921
1,1922
1,1923
1,1924
1,1925
1, 1926
1, 1927
1, 1928
1,
1,

M&S,
Washington Street Loan—
3s, J&D, $4*, 000.... Deo. 1, 1925
4s, F&A, 300,000. ..Aug. 1, 1935
4s, F&A, 200,000.... Feb. 1, 1936

1901
1902
1911
1912
1923
J&J, 100,000. ...Jan. 1,1924
A&O, 125,000. ...Oct. 1, 1924
J&J,
70,000 ...July 1, 1926
M&N, 100,000.... May 1, 1927
M&S, 50,000.. ..Sept.l. 1928
3s>2,M&N, 25,000.... May 1,1930

4s,
48,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s.

LXX1I
When Due.

Water Loans—

M&N,
M&N,

4s,
4s,
4s,
4s,
4s,
4s,

.

4s,
4s,
4s,
4s,
4s,
4s,

J&J,
60,000.... July 1,1936
J&D, 100,000. .. .Dec. 1, 1936
M&S, 100,000. Sept. 1, 1937
J&D. f 0,000.... Dec. 1, 1937
. .

.

M&N,

50,000.... Nov. 1, 1938

J&D,

63,000. .. .Dec.

1,

1930

PAR VALUE OF BONDS.—All the bonds are for $1,000.
INTER EST payable at Nat. Bank of the Commonwealth, Boston,

or

Newton.

In

TOTAL DEBT, SINKING FUNDS, EtcJan

1, 1901.
$3,74^,013
2,075,000

Total debt

Sinkingfund

$3,659,563
2,075,000

Jan. 1, '99. Jan. 1.'98.
$3,498,613 $3,272,113
2,075,000
2,000,000

$5,824,013
1,617,431

Municipal debt
Water debt

$5,734,563
1,409,878

$5,573,613
1,279,812

Jan., 1900.

$5,272,113
1,099,407

Netdebt
$1,206,582 $4,324,685 $4,293,801 $4,172,706
The sinking fund receives yearly about $130,000 and is all inve sted
in the city's own securities. The water linking fund on Jan. 1, 1901,
amounted to $849,115 and is included in the total above.
BORROWING! CAPACITY on Jan. 1, 1901, was $251,214 02.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being at about market value
-Assessed Valuation
Rate of Tax
Tears—
1900
1899
1898
1897
1896
1895
1893
1880

Personal.
Real.
Total.
per $1,000.
$15-20
$57,634,720
$45,363,800 $12,270,920
15-40
44,156,200
12,225,120
56,407,320
43,419,ti50
16-20
11,883,800
55,303,450
16-20
41,550,350
10,471,650
52,022,000
16-60
39,223,450
10,728,375
49,951,825
14-60
36,887,950
10,513,394
47,401,344
14-80
31,786,200
10,067,600
41,853,800
1400
17,718,270
7.481,830
25.200.100
Tax rate in 1900 included citv tax proper, $14-08; State tax, $036;
county tax, $0-76 total, $15-20 per $1,000.
TAX-RECEIVABLE COUPONS.— The water bonds and school,
municipal, sewer, park and stable bonds for $1,377,000 carry taxreceivable coupons.
POPULATION— In 1900 (Census) was 33,587; in '90 it was 24,379;
in 1880 it was 16,995 in 1870 it was 12,825.
;

;

NORFOLK COUNT Y.—CHAS.H.SMiTH,Treas.
Dedham
is

the county seat.

NOTES—
,

When Due. As'essf d
I

1901-1904

$60,000

'

($15,000 yearly on June 26 )
Total debt Jan. 1, 1901.... $60,000

I

This city

is

5

I

When Due.

3-1 5s,
,

3^a,

$10 000... Oct.

314s, g
4s,
.....
3Hss, g, .....
3-;a, s, .....

3"a,g,

.....

1,

H.750.. 1901 to
49,500.. 1901 to

g,

A&O,

35ss, g
3-2s, g,

1902

,

$18,000. .Oct., '01-02
15,000. June, '01-03
1?,000..1901 to '04

Water Loans—

2,500 .July 1. 1908
16.000. July 1, '09-12
3,000.. July 1. 1905
3,500.. is- 01 to 1907

g, .....

-

Perman'ntImprovem't Loans—

3^3,

School Loans—
4s

(Concl'd)

.Aug., 1901-08
3V>, g, $10,000
1901 to 1908
10,000
3^8, g,
318s, g, lV?.000.Nov., 1901-1910

20,000. July, 190104
65,083 33.1912-1920
14,916 64. Mar., 1920
15,616 69. Mar., 1921

3l2S,g...
3-158, g.
3-158, ..

S. WILKINSON. Mayor.
JAS.W. HARDENBERGH.Treas,

EDW.

Sundry Loans

Dec, 1901

$10,000

..

. .

in Berkshire County.

Refumding Loans.
334 s,

val't'n 1900.198,023,140
Population in 1890 was.. 1 18,950
Population in 1900 was. 151,539

|

NORTH ADAMS.-

f

I(
\

it

LOANS—

When Due.

School Loans—

312s
*

Vol.

3^s,
3 l±a.

..,$68,000. June,
... 152,000. July,
31*8, g, .., 113,750. July,
36 10 s, g, ... 35,000 July.
3^8, g, ... v:7.000. June,

1909
1909

Sewer Loans—

3158, s,

..,

:«,900. .

2?,009 May 1,' 01-11
V 8,000 June 1, '01-28
20,300.. 1901 to 1929

1901-12
1901-19
1901-.-6

1901-35
1901-36
Jan 1902-09
$243,550
467,950
399,800
,

Inside debt limit
Outside debt limit
3588, g, .....
Water debt
3-2s, g, .....
3-2s, g,
., 29,000. ..Apr., '02-30 Tot Bond, d't Dec. l.'OO. 1,111,300
Sundry Loans—
Tax valuation 1900.... 12,902,009
3H>a,g, $121,333 i4. Junel, '01-26 Tot. tax (per $1,000) 1900. .$19-50
6 io9. g.
.June 1 .'01-26 Population iu 19<)<> was
24,200
26,000
16,074
3 14S, g, 180,000 02. Mar., 1901 27 Population in 1890 was
4a

,

1

or at the

of Boston.

'"

!

NEWTON,
The

EDWARD
1

SETH

A.

INTEREST

PICKARD, Mayor.
RANLETT, Treasurer.
L.

Middlesex County. Newton is one of the few
baring tax-receivable coupons attached to any of its

city is situated in

Northern cities
bonds. See below.

LOANS-

Boulevard Bonds—
4s,
4s,
4s,
4b,
4s,

When Due.

4s,
4s,
4s,
4s,
4a,
4s,

A&O,

80,000... Apr.
M&.V, 100,000. ..Nov.
J&J,
100,000... July
1,

1914
1914
1915
1915
1916
1917
1919

J&J, $10,000

A&O,

M&N,
J&D,
J&D,

A&O,

July 7, 1904
11,000. ...Oct.
1, 1901
10,000. . . .Nov. 30, L904
13, 000.... Deo. 18, 1904
29,000.... June 1, 1914
7,500.... Apr
1, 1917

Engine House Loan—
4s.

J&J. $10,500.... July

When Due.

HlGIIWAY LO\NS-

J&D, $100,000... June
A&O,
80,000... Oct,

4s,M&N, 40.000... May
3k;s. J&D, 15,000. .. June
Drains and Culverts—

LOANS-

I

1,

High wav Loans—
4s, A&O, $16, 500.... Oct. 1.
48, A&O, 15,000.... Nov. 28,
4s, F&A,
7,900. .. .Fob. 16,
4s, A&O,
5,800... Apr. 13,
4s, J&D, 13,687. ...Junel6,

I

4s,
4s,
4s,

—

1904

$6,500.

4,600.... Jan. 1,1905
25,000.. ..Fob. 1, 1915
52,000. ...Apr. 1, 1915
10,000.... Deo. 26, 1915
80,000.... May 1,1936

4s,

M&N,

Is,

MAN,

F&A,
8,000. .Feb. 16, 1904
MISCELLANEOUS LOANS—

4s,

19(»1

1904

4s,
4s,
4s,

pahire

. .

J&J,
.M&N,

J&D,
J&D,
J&D,

$9,250.... July 8,1903
14,000.... Nov.28, 1903
9,000. ...Deo. 1,1904
30,000.... Dec.
1,1907
10,000.... June 1,1908
5,000.... Sept. 1, 1903

J&D,
J&D,
J&D,

$98,000.... Deo. 1, 1922
21,000.. ..Dec.15,1922
70,000.. ..Dec. 2, 1925

.

1,

I

$74,000... May

1,

1902

1,
1,

1915
1907
1910

1,

1902

School Bonds—

I

!

$50,000... July
M&N, 15,000... .Nov.
23,000... ..July
J&J,

J&J,

.

1,

Sewer Loans—
Is,

I

ARTHUR WATSON,
GEO. W. CLARK,

J&J, $156,000...

July

'

May'or.
Treasurer.

Water BondsM&N, $100,000.... May

1P12 Temp'y

May 15,1901

..

Railroad Loan-

4s,
4s,
4s,

5

Is,

J&D, $17,000.... Dec
Bridoe Notes—
$26,750.

v.

When Due.

Armory Bonds—

J&J,

M&S,
Park Bonds—
1903 4s. A&O, $25,000... .Apr. 1,1908
1903
Sewer Notes—

1906

is in

LOANS-

A&O,

Highway Stable Loans—
48, F&A, $13,000.. ..Aug. 1, 1903

4P,
4a,

This citv

4s.

F&A,
A&O,
Is, J&D,
Is, M&N,

Is,

payable in Boston and North Adams.

NORTHAMPTON.—
Ham
count

(Con.)
Oct. 1, 1905

Is

4s,
4s,
4s,

is

1909
1901
458,250
1,

loan. $75,000.. .Oct.,

Total debt .Ian. 1, 1901..
60,613
Sinking fond assets
Net debt Jan. 1, 1901... 397,637
150,000
Water debt included
Assessed valuation, real. 9, 601,280

Assessed vuluat'n, pers'l. 2,491,000
Total valuation 1900... 12,092,280
actual value.
AJBsessm't about SO
Tax rate (per $1,000) 19c0.$16 50
Population iu 1890 was.... 14,990
18,643
Population in 1900 was
,,

NORTH ATTLEBOROUGH,This plaoo

is

in Bristol County.

LOANS-

When Due. Total debt Mar.

Electric Light Bonds—
1924
4s, J&J, $50,000

Water Bonds—

J&J. $197,000. .1901 to 1923
Total debt Mar. 1, 1901.. $247,000
Floating debt
140,805
4s.

.

.

1, 1901.. $387,805
sinking fund
73,862
!
Interest payable in Boston.
Tax valuation in 1!>(.0. $.1,896,319
Total tax per $1,000 1900. .$22-50
Population in 19O0 was
7,253
6,727
Population in 1890 was

-•

j

NORTHBOROUGH.-Wm.
town
Worcester County
This

When Due. Tax
Tax

LOANS—

Water Loan—
F&A,

$50,000.... Aug. 8,1902
Interest is payable at Worcester.
Bonded debtFe'b.13, 1901. $50,000
13,571
Sinking fund
Net debt Feb. 13, 1901 .... 17,419
4s,

NORWOOD.— Chas.
The town
is

County.
When Due.

Water Bonds—
F&A, $45,000

1,

1905

fifth yr. until paid.)
$2.-{,000
June 1, 1901
($5,000 each fifth year until paid.)
1918
4s, J&D, $5,000

J&D,

1917

7,000

4s,....

Population in 1900 was.
Population in 1890 was.

2,164
1,952

1920
4s, J&D, 4,000
Lat. paid by N. E. Tr. Co., Boston.

ORANGE.— T. Wesley
Franklin County.
This town
is

E. Pond, Treasurer.
Bonded debt Feb 1,1901. $84,000
Floating debt
23,900
Total debt Feb.l, 1901.
107,900
Sinking funds
17,515
Net debt Feb.l, 1901..
90,385
Tax valuation 1900
4,476,809
Tot.tax (per $1,000) 1900 ..$lX-00
Assessment abt 90% actual value.
Population in 1900 was
5,480
Population in 1890 was
3,733
.

When Due. Floating debt

$41,092

3k!8, ....,$12,000.. ..1902 to

1907

Park Loan—

F&A, $5,000.... Aug., 1901-'05
School Loans 4s, A&0, $40,000.... Oct. 19U-'04
Electric Light Bonds 1892—
June 1, 1922
4s, J&D, $40,000
Refunding Water Bond*—
4s,

4s,

M&N.

$40,000

1901-1910

($4,000 annually)

PITTSFTFT

T")

sewer and water

Interest paid at City Treasury.

Funded debt Jan.l5,1901$125,000
Floating debt
75,897
Total debt Jan. 15, 1901. 200,'-97
Sinking fund and assets. 125,982
Net debt Jan. 15, 1901..
74,915
Tax valuation 1900
8,143,520
Total tax (per M.i 1900 .... .$17-40
Assesment same as actual value.
Population in 1890 was
10,158
Population in 1900 was
11,523

SHEZEKIAHS. RUSSELL, Mayor.
KENNEDY, Treasurer.
County

became a

It

limit.

LOANS—

Water Loans—
4a, M&N, $45,000
4s, M&N, 50,000

LOANS—

When Due.

When

School Bonds-

M&N,

Nov.

Due.

1901-1 917

is, g.
1, 1908
$170,000.
May 1, 1916
($10,«'00 annually on May 15.)
65.000g.Sept,1901-M3 3»38. g., F&A, $114,00 ) .. 1902-20
M&N, 70,000g.. Aug., 1901-07 3^8. g, F&A.
4,000 Ausr.15,'01
Temporary notes
$49,000 Total debt Mar. 1, 1901. $804,000
Sewer Bonds—
Water debt (included^
269,000
4g, J&D, $1 80,000, g..June 1, 1901 Total valuation 1900...15,2<!9,367
($10,000 due y'rly )to June 1,1918 Total tax (per $1,000) 1900.$1 /-80
Temporary notes
21,766
$57,000 Population in 1900 was
Population in 1890 was
17,281
INTEREST is payable in Boston.

4s,
4s,

.

.

M&S,

.

PROVINCETOWN.-Seth
Barnstable County.
This town

is

LOANS—

When Due.

4s,

J&D,$6,000.June 1, 1901 to '03
($2,000 due yearly.)

Water Bonds—

QUINCY.
This city

is

LOANS

JOnN

Population in 1900 was
Population in 1890 was

4,247
4,642

Water, $662.000
do,

4s,

M&N,

to 1927
$27,000. '02 to '28

($1,000 annually on April 1.)
Water 3 Mas, $29,000.. 1901 to 1929

Water

3>«s,

30.000.. 1901 to

1930

1

RANDOLPH.— Joseph T
town
LOANS—

Leahy,

Treasurer.

in Norfolk

Water Works—

County.
When Due.

A&O,
A&O,
A&O,
A&O,

READING.— Edward

town

is

in Suffolk

School Loan—
J&J,$122,000

1901 to 1916

4s,

Treasurer.

Water Loan—

When Due.

LOANS—

J&D. $11.730
1902&1903
Sundry Purposes—

4s,

1901
4s
$8,726
Total debt Feb.15. 1901. $298, 9?6
Tax valuation, real
10,041,700
131,725
4s, F&A, $32,000... 1901 to 1908 Tax valuation, person'l.
Total valuation 1900... 10,173.425
Town Hall Notes—
4s, M&S, $98,000.. .1901 to 1918 Total tax (per $1,000) 1900.$1980
Population in 1900 was
10,395
Population in 1890 was
5.668
N T E R EST is payable in Boston at the Fourth National Bank.
to 1919

I

O /~\r*Xf T A TVTT^
KCJOivl-iArNiJ.
Town

GRAY,
— |EZEKIEL
J s

5

-

STUDLEY,

R.

LOANS—

When Due.

M&N,

1,

Fire Engine Bonds—
4s,

Treasurer.

-

Floating debt and accid't $45,513
Total debt
188,518
Sinking funds, etc
48,639
Net debt Jan. 1, 1901.... 139,879
Tux valuation, real
1,650,550
Tax valuation, personal. 253,900
Total valuation 1900
1,904,450
Assessment is about actual value
Total tax (per ($1,000) '00.. $19 00

3,993
3,946

$2,000.. May

Funding Notes —

1901-'02

May 1, '01

....,$12,000

to '06

$3,000... May 1, '01-02
2,700.. Sept.10,'01-03

M&N,

Total debt Mar. 1, 1901.. $99,700
25,000
Floating debt
2,632,721
Tax valuation, real
Tax valuation, personal. 543,923
Total assessment 1900.-3,176,644
Tax rate (per $1,000) 1900.. $2220
5,213
Population in 1890 was
5,327
Population in 1900 was

Water Works—
M&N, $64,000. May

1, 1901-'16
16,000. .Feb. 1,1902- 17
INTEREST on the school bonds at the New England Trust Co
Boston; on all othei bonds at the office of the New England Trust Co
Boston.

4s,
4s,

F&A,

ROCKPORT.- Fred.
own
Essex Cou
T.

is

i-

in

LOANS-

When Due. Bond.debtFeb 26,1901. $131,000

Water Bonds—
4s,
4s,
4s,

Assessed val'tion, 1900.2,754,711
Assessment abt 75% actual value.
$14-70
Tax rate (per M), 1900
Population in 1900 was
4,592
4 087
Population iu 1890 was
payable in Boston at Nat. Exchange Bank.

,$25,000 July, 1901, to'25
M&N, 56,000. May, 1901, to '14
M&N, 50,000. May, 1915, to '24

INTEREST is

SALEM.This city

is

!

H. DANFORT EI, Auditor.
FRANK A. NEWELL, Treasurer.

in Essex County

When Due.

LOANS—

M&S, $2,000.. Mar.
Canal Street—

1,

1902-'05

$6,000

1,

Improvement Loan—
Aug. 1,1901
4s, F&A, $18,000
4s,

1,

1902

A&O, $15,000

($5,000 due

Oct. 1,1901
yearly) to Oct. 1, 1903

M&S, $27,000

Mar.

A&O, $25,000

Apr. 1,1908

F&A. $7,547

1901-1904
1901-1904

3i«s,

Aug., 1901
$25, 200
($4,200 due yearly) to Aug., 1907

($9,000 due yearly) to Mar.
4s, A&O, $11,000
Apr.
$2,500 due yearly) Ito Apr.

1,
1,
1,
1,

1902
1904
1902
1905

3^8, J&J.

7,350

Sewer Loans—
A&O, $38,000

Apr.
Apr.

1,
1,

1902
1920

J&J, $398, 500.... July

1,

1904

4s,

($2,000 due yearly

J&D, 160,000.... June 1,1901

($8,000 yearly) to Junel, 1920
Feb. 1, 1902
($2,000 due yearly) to Feb. 1, 1908
4s, F&A, $7,500 ($500 yr'ly) Mar.l
19011906
4s, M&S, 5.100
4s,

F&A, $14,000

3^)8,

This town is in Middlesex County. At town meeting held
1901, $75,000 water bonds were voted.

March

4,

Aug. 1 yearly.
1901-*09
$13,500
20,000.. Apr.'02 to '09

10,000. Oct.. 1901-10

M&N,

5,000. .Nov. 190l-'05

Temp, loan, 50,u00.Oct. 19, 1901
The bonds are mostly in $1,000 pieces.
the Merchants' National Bank, Boston

PAR VALUE OF BONDS
INTEREST is payable at

1,

1900.

1, 1899
$312,800

Dee.

Sinking fund

$274,273
15,365

Net debt (other thai water)
Water debt
Water sinking fund

$258,908
637,100
241,037

$29=!,449

Net water d^bt
Net funded debt of

$396,063
654,971
222,925

$435,102
7 33,551
274,077

$877,896

$1,007,628

Bonded debt

Other

(other than water)

city
debt, floating, trust funds,

&c

Total net debt of city

ASSESSED VALUATION-

Assessed Valuation.—
Personal.
Additional.

,

Real.

Tears.

it

is

in

Tax per
$1,000

Total.

$28,*'95,::00

18-00

29,436.500
29,570,300
28,971.200

1850

11,018, Too

10,805,000
10,100.000
10,498,200
11,853,500
11,888,690

16-80
17-30
16-00
18-50
16-80
17 00

27,<i42,700

$9,000
43,500
20,700

27,583,600
28,360,200
26,198,890

1900 (Census) was 35,956;

in

1890

it

was

was 27,563.

SAUGUS.—
This town

638,650
203,548

10.664,100

POPULATION.— In

30,801; in 1880

14,351

$10,084400

1900.. $18,910,900
18,772,400
1899
1898.. 18,551,600
18,166,200
1897
1896.. 17. -.12,700
l^!>.->..
17,070,400
1894.. 16,463,200
1890.. 14,289,500

B.

E

.

]

MEACOM. Treasurer
NEWHALL, Clerk.

Essex County.

LOANS—

$9,000
(Semi-annually to
4a
,$2,000
4s,...., 4,000
4s,

Parker, Treasurer.

to)

Water Bonds—

5s,
4s,

Municipal Loan—
$850 due
June 1, 1901
J&D, $51,000
$3,000 due yearly) to June 1, 1917 3V!8, A&O,
Junel, 1901 3H>8, A&O,
4s, J&D, $18,000
($6,000 due yearly) to Junel, 1903 3^8, AtO,

3^s, M&S, $6,400. Sep., 1901 to '04

1901

1,

Bridge Loan—

1901

F&A,

M&N, $3,775. ...Nov.

Public Library—
6s,

May
High school Bonds—

4s,

Municipal Loan— (Con.)
3^s.

4s,

M&N,

—

;C.

Armory Bonds—
4s,

E. Pool, Treasurer.

ty.

Coupon hotbb—
V.

Clerk

Plymouth County.

in

.

Apr. 1, 1902
$10,000
20,000
Apr. 1, 1907
20,000
Lpr. 1, 1912
40,000
\pr. 1. 11)17
M&N, 20,000
May 1, 1918
July 1, 1922
J&J, 25,000
J&J,
8,000
July 1, 1926
Interest payable at Boslon.
Population in 1900 was
Bonded debt Jan.l, 1901. $143,000 Population in 1890 was
4s,
4s,
4s,
4s,
4s,
4s,
4s,

I

TOTAL DEBT, SINKING FUNDS, EtcDec.

in Norfolk County.

is

i

48,

. .

Total debt May 1, 1901. $1,386,1 89
Tax valuation, real.
17,790,000
Tax valuation, personal 2,50 ,3 "6
Sewer 4s, A&O, $92,500 .*.1901-'37 Tax valuation 1900 ...20,291,376
($2,500 yearly on Oct. 1.)
Tax rate (per $1,000) 19tM>. $18-20
Sewe- 3*«8, A&O. $66,000.1902-39 Population in 1900 was.... 23,899
($_>.Or)0 yearly on Apr. 1 to 1929
Population in 1890 was... 16,723
and $1 ,0' yearly to 1939.)
Btret 3^, $20,000. ..1901 tj 1925
INTEREST is payable at Nat. Bank of the Commonwealth, Boston.

This

J&D, $105,000. ..1901 to 1915
($7,000 yearly on June 1.)

1923
1924

1,
1,

Bond, debt Jan. 1, 1901. $325,900
Floating debt
43.000
Total debt Jan. 1, 1901.. 368,900
Tax valuation, real
3,855,671
Tax valuation, personal. 556,903
Total valuation 1900.... 4,412,574
Assessment about actual value.
Total tax (per $1,000) 1900. $18-50
Population in 1900 was
4,969
Population in 1890 was
4,088

Arthur
REVERE. — G. County. Tapley,
This

valuation, real
1,175,855
valuation, personal. 673,313
Total valuation, 1900... 1,849,1 38
Tax rate (per $1 .000) 1900..$19 40

Tax
Tax

HALL. Mayor.
H. WALTER GRAY, Treasurer

Parks, g, $44,000
1900 to 1923
School 4s, 45,000
1901 to 1906
(f7,500 due yearly on July 1.)
School 3>s8,$36,O00.Mar.'02to'10
Municipal, 1900 to '24. ..$270,706
Sewer 4s, M&N $204,500.*01 to *37
($5,500 due yearly.)

4s,

4s,

O.

When Due.

May 1,1901

May, $2,000

Water Bonds—

$16,949
82,949
15,436
67,513
66,000

Floating debt
Total debt Jan. 1, 1901..
Assets
Net debt Jan. 1.1901...
Water debt (included)
.

4*v8,J&D,$46,000Jne 1,1901 to '23
($2,000 due yearly.)
4s, A&O, $4,000 June 1,1901 to '02
($2,000 due yearly.)
Tofl bond.debt Jan. I,ltt01$66,000

4s,

J&D, $10,000.".. ..June
luue
J&D, 10,000

Interest payable in Boston.

1908

to

($9,000 due yearly) to Aug.

Smith, Treasurer.

in

School Bonds—

School Bonds—
4s, F&A, $16,000.... 1901

3* n8,M&S,

The
city in 1890.
debt, included in total below, is outside of the debt

Pittsfield is in Berkshire

($1,400 due yearly)to

4s,

Poor, Treasurer.

in

When Due.

May 1,1901
May 1, 1906

May, $8,400

4s,

4s,
4s.

School Bonds—

Elmer
PEABODY.-County. M.
town
Essex
is

Oct. 1, 1901

A&O, $4,000

($1,000 due yearly) to Oct. 1, 1904
Oct. 1,1905
4s, A&O. $40,000
($2,000 due yearly) to Oct. 1, 1924

F&A, $26,500... .1901
Street Loan—

218,092
Total debt Mar.l, 1901.
132,000
4s, M&S, $132,000.. $1,000 yearly. Water debt (incl. above)
2,433,005
Tax valuation, real
Sewer Bonds—
528,485
4s, M&N, $45,000.... 2,000 yearly. Tax valuation, pers'n'l.
Total valuation 1900 .. 2,961,490
Refunded Debt—
4s, F&A, $1,550
775 yearly Assessment about actual value.
Total tax (per $1,000) '00. .$22-00
School House Loans—
5,520
4s, F&A, $39,542 ... .part yearly. Population in 1900 was
4,568
Bonded debt Mar. 1901 $177,000 Population in 1890 was
INTEREST on the water bonds is payable at the Orange National
Bank and at the office of the Town Treasurer; on the sewer bonds at
the National Hide & Leather Bank, Boston, and the Orange National
Bank; on all other loans at the Town Treasurer's office.

LOANS—

4s,

4s,

Water Bonds—

This

Whin Due.
-(Con.)
4s, J&D, $84,000. ..1916 to 1922
($12,000 yearly on June 1.)

Water Bonds

Sewer Loan—

Bridge, Treasurer.

in

LOANS-

LOANS—

When Due.

LOANS—

Electric-Light Bonds—

($2,000 yearly on Aug. 1.)
4s. F&A. $21,000. Aug.1909 to '15
($3,000 due yearly.)

,

Aug.

($10,000 each

4s,

valuation, real
$1 ,018,600
valuation, personal. 255,547
1 274,147
Total valuation 1900
Total tax (per $1,000) 190 U.$17-00

in Norfolk

LOANS—

4s,

A. Potter, Treas.

in

is

27

#10 TOWNS.

i£TTS-CITI£S

April, 1901.

When Due.

May
May 1,
Nov.

1,

1901

1902.)
1,

1902

Oct. 19, 1908

LOANS-

When Due.

Water Loan—
4s,

4s
4s

,

$4,000
2,500
15,000

Dec, 1901
Dec, 1902
1903

to

($3,000 yearly in Dec.)

1907

28
LOANS—

(Con.)—

1910

$15,000

4s,

1912

to

,

,

School-House Loan—

1901 to 1903

4s,...., $5,100

($1,700 yearly on Dec.

1.)

1902 to 1904

4s, ..... $1,350

($450 vearly on Mar. 7.)
$36,00u.
1904 to 1915
($3,000 yearly on July 1.)

4s,

$25,000.May,1915 to '19
3,150.May,1901 to '09
$5,701
Other debts
283,751
Total debt Jan. 1, 1901
77,480
Sinking fund
Net debt Jan. 1, 1901.... 206,271
3,496,335
Assessed val'n, real
Assessed val'n, personal 180,504
....,

312s,

.

.

Total valuation 1900.... 3.676,839
Total tax (per $1,000) 1900.$1980
3,673
Population in 1890 was
5,084
Population in 1900 was

JAMES

F.

BEARD,

.

000 to* 15).
J&J, $109,000. ... 1901
(Due
yearly, $11,000

to

4s,

1

917

A&O, $60,000... Oct. 1,19 1
($5,000 due yearly) to Oct. 1, 1912

Sewer Bonds—

.

Water Bonds—

5i<>s,

4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

J&J, $10,000. ...July
6,000. ...July
J&J,

A&O,
J&J,

A&O,
J&J,
J&J,
J&J,

20,000. ...Oct.
17,000.....July
7,000..,
...Oct.
18,000... ..July
10,000.. ..July

1906
1901
1901
1902
1902
1903
1904
1907
1901
1920
1901
1901
1904
1905
1914
1,1915
1, 1919
1, 1907
1, 1918
1, 1901
1, 1908

1,
1,
1.
1,
1.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

;

SOUTHBRIDGE.—John
This town
Worcester County

A. Hall, Treasurer.

is in

Armory and engine-house
27,700
4.200

notes 4s

High School notes 4s

Total debt Mar. 1, 1901 $128,495
Sink'g fund Mch. 1, 1901
8.159
Tax valuation, real
3,039,407
Tax valuation, pers'l
961,488
Total valuation 1900
4,000,895
Assessment about 23 actual valuo
Tax rate (per. $1,000) 1900 $liv20
Population in 1900 was
10,025
Population in 1890 was
7,655

SPENCER.—
This town
is in

LOANS—

Worcester county.
When Due. Total debt Sept.

Sewkh Bonds—

1,

1900.. $359,700

118,000

Assets

1904 Net debt Sept.

1900... 241,700
Water Bonds
Assessed valuat'n 1900 3,475,700
July 1, 1914 Tax rate (per $1,000) 1900. $22 00
4s, J&J, $240,000
Bonded debt Sep. 1 1900. $257,000 Population in 1900 was
7,627
102,700 Population in 1890 was
Floating debt
8,747
INTEREST is payable by the Boston Safe Deposit & Trust Co.
4s,

J&J, $17,000

July

—

1,

1,

,

WILLIAM
O — ^ELIPHALET HAYEP, Mayor.
TIP FT, Treasurer.
Hampden County.
This
—
—
LOANS—

CT-313 TTVTr^ T7TI7T
Ol-^JrtllNL-rr' lrLl—LJ.
city

is

P.

J

T.

in

-Principal,Outsland'g.
When Due.

Interest.

NAME AND PURPOSE.

P. Ol.

Clty buildings, g'd, 1892.
Engine house bonds. ..1891
Fire Dept. bonds, reg.1894

do

do

4g
4
4

reg.1894 4

School bonds, g'd, reg. '93.
do
do
g'd, reg. '95.

do
do

do
do

g'd, reg. '97.

do
do
do

do
do

g'd, reg. '98.

g'd, reg. '97.

g*d,reg.l900

do g*d,c.orr.l900
Sewer bonds
1891..
do
do g'd, 1892
do
do g'd,corr.l900

Payable
J & J

M&
J

1907

$35,000
32,000
25.000
775,000
200,000
200,000
150,000
125.000
300,000

Aug.

J

^

A&O
A&O
A&O
& O
& O
A&O

1,

July. 1901-1908
$4,000 yearly.

\

1902
1903
1905
1913
1923
Oct.
Oct.
1920
Temporary loan
Nov. 8, 1901
3
PAR VALUE OF BONDS.—The bonds are all for $1,000 each.
INTEREST payable at First Nat. Bank, Boston and City Treasury.
.

Apr.
Apr.
Apr.
Apr.

1,
1,
1,
1,
1,
1,

$2,727,100
49,386

liabilities

$i!,776,486

$595,282
552,477

Cash aseets

1,147,759

July

S

& D
& N
& J
& O

4g
4g
&
4g
&
4g
3^gJ &
3>a J &
3
J &
4
J &
3iflgM&
3
J &

June
Nov.

June
Oct.

J
J

Jan.
<
I

J

D
D
J
N
D

1,

Sept. 1,

5

1,
1,
1,
1,
1,

1902
1901
1904
1904
1903
1915
1927
1917

1901 to
$4,500 annually.
July, 1901-1918
$8,700 yearly.
Dec. 1, 1919

June
July

1,

May

1,
1.

June

1,

Net debt Dec. 10, 1900

$1,628,727

-

;

When Due.

3^gF & A
&

>

Outsland'g:.

Total assets Dec. 10, 1900.

J&J, $14,000... July 1, 1901
($1,000 due yearly) to July 1, 1914
Oct. 1, 1901
4%3,A&O,$ll,000.
($1,000 due yearly) to Oct. 1, 1911
1901 to 1922
4s, J&J, $22,000
($1,000 due aim. on July 1.)
1901-1925
4s, $80,000
($4,000 yearly on July 1 to 1905
and $3,000 yearly to 1925.)
July 1, 1901
$23,000
4s
($1,000 yearly) to July 1, 1923

. .

LOANS—

Prince oal.

When Due.

4s.

10,000.. July
1901;
A&O. 40,000... Oct.
$9,000 '02 to '07; $5,000 '08 to '11;
$4,000 '12 to '17.)
($2,000 due ye'rly) to Oct..
1901-1918 4s, J&J, $2,000.... July
4s
,$129,000
Oct.
(Due yearly on July 1: $10,000 4s, A&O, $8,000
1901 to 1907; $9,000 1908; $5,'- ($2,000 due ye'rly) to Oct.
000 1909 to 1918).
4s, A&O,$30,000....Oct.
1901-1919 ($3,000 due ye'rly) to Oct.
4s, J&J, $102 000
(Due y'rlv on July 1: $8,000 to'05, 4s, A&O,$10,000....Oct.
$7,000 to '09, $4,000 to '14, $3,- ($2,000 due ye'rly) to Oct.
.July
4s, J&J, $12,000.
000 to '18. $2,000 in '19.)
31*8, J&J., $152,000. 1901 to 1920 ($1,000 due ye'rly) to July
.(Due y'rlv on July 1; $12,000 to 4s, J&J, $8.000.... July
'05; $10,000 to '10; $5,000 to
($1,000 due y'rlyj to July
'12; $4,000 to '20.)
Temp loan. $200,000
.1901
PAR VALUE OF BONDS.—The bonds are mostly for $1,000 each.
TOTAL DEBT ETC.— Jan. 1,1900. Jan. 1, 1899. Jaw. 1.1898.
Total debt
$1,552,000
$1,492,500
$1,548,000
Water debt (included above)...
272,000
294,000
239,500
In place of an accumulating sinking fund, the city raises each year by
taxation a sum of money which is applied to the redemption of bonds,
which when paid are canceled. The floating debt on Jan. 1, 1900, was
$310,000.
ASSESSED VALUATION.—The city's assessed valuation (about
the actual value) and tax rate have been as follows:
Rate of Tax
Assessed Valuation.
Personal.
Total.
per $1,000.
Tears.
Real
1900
$47,430,000
$f2,513,400
$1600
$5,083,400
16-30
51,262,400
1899
46,507,300
4,755,100
1790
1898
47,015,775
3,723,925
50,739,700
17-30
1897
3,867,375
50,231,000
46,363,625
15-40
1896
3,788,250
49,013,050
45,224,800
15-40
1895
42,879,900
3,574,000
46,453.900
1400
1890
2,575,800
32,557,500
29,981,700
1910
1880
18,393,200
2,064,900
20,458,100
POPULATION.- In 1900 population was (U. S. Census) 61,643 in
1890 it was 40,152; in 1880 was 24,933 in 1870 was 14,685.

School-h'se 4s (outsi. limit) $30,000
Sewer b'ds 4 s (outsi. limit) 50,000
8ewer notes 4s
12,595
Sewer land loan 4s
4,000

—

Payable.

Total debt Dec. 10, 1900
Sinking fund assets

4s,

30,000... Oct, 1,1902

4i2S,A&0,
35,000... Oct. 1, 1903
4s,
J&J, 36,000. .July 1, 1901
($9,000 due yearly) to July 1, 1904
4s,
J&J, $18,000.. .July 1,1901
($9,000 due yearly) to July 1, 1902
4s,
J&J, $72,000... July 1, 1903
($8,000 due yearly) to July 1, 1911
4s,
J&J, $35,000... July 1, 1912
($7,000 due yearly) to July 1, 1916
4s,
J&J, $60,000... July 1, 1905
($6,000 due yearly) to July 1, 1914
4s, A&O,
15,000... Oct. 1, 1901
($3,000 due yearly) to Oct. 1, 1905
4s, A&O,
4,000... Oct. 1,1901
4s, J&J,
230,000....19(ltol915
(Due yearly: $18,000 to '05, $15,000 to '! 8, $14,000 to '12, $13,-

Interest.

,

P.Ct.

do
do
gold, reg. 3l3g J
Water bonds
1873-74
7
do
do
1873-74.. 7
do
do
1875.. 6
do
do gold... 1893.. 4g A
do
do gold. ..1893.. 4g A
do
do gold... 1890.. 3^g

Current

Treasurer.

Paving Bonds—

When Due.

City Bonds—
4128.A&0. $24,000... Oct. 1,1901

LOANS-

NAME AND PURPOSE.
Improvement bonds g., '97.

Total bonded debt (including water debt)

GLINES, Mayor.

County

city is in

LOANS—

LXXII

Vol.

TOTAL DEBT, SINKING FUNDS, Etc-

EDWARD

SOMERVILLE.
This
Middlesex
4^s,A&0,

School House Loan— (Con.)—

3h»,

($5,000 yearly in Dec.)
4^s, ..$10,000. Dec, 1908 to 1909
Dec, 1913
4s
3.500
1914
4s
5,000
1915
4s, ..... 2,500
4s
Dec. 1.1916
5,000

WhenDe.

LOANS-

Due.

TF/ie><

Water Loans-

CITY SUf ft£

AND

ITATC

—

.

:

1920
1906
1907
1930

)

$50,000
20,000
29,000
6,000
25,000
35,000
370,000
76,500

J

156,000
20.000
125,000
70,000
35,000
142,000

Water debt, included above

$1,500,000
361,495

Water sinking fund (included above)
Net water debt Dec.

1900 (included above)....

1*\

$1,138,505

CITY PROPERTY.—The

city values its property at $5,839,249,
In year
including $1,990,180 for property of water department.
1900 water receipts were $243,678; payment for maintenance, $54,312: interest on water loans, $89,000; balance, to be credited to the

sinking fund, $100,366.

ASSESSED VALUATION.— Real

estate

is

taken at about 90 per

cent cash value
Assessed ValuationTax per
Personal.
Total.
$1,000
$72,35«,481
$16,682,161
$13 80
$55,676,320
1900
13-60
16,469,077
53,40(>,770
69,869,847
1899
13-80
65,6v>9,913
13,677,143
52,022,570
1898
1300
14,553,919
64,898,319
50,344,460
1897
12-80
13,071,811
61,416,091
48,344,280
1896
12-20
12,969,681
59,033,141
46,063,460
1895
1200
12,365,525
56,449,425
44,083,900
1894
12-40
10,697,773
44,493,633
33,795,860
1890
13-60
9,540,115
39,863,255
30,323,140
1888
Taxation in 1900 included State tax, $033; county tax, $0-72; city
tax, $12-75 total, $13-80 per $1,000.
POPULATION.— In 1900 (Census) was 62,059. In 1890 popula
tion was 44,179; in 1880 it was 33,340; in 1870 it was 26,703.
,

Real.

Years.

;

am —

5 F E NICKERSON, Treasurer
<S.T WIN .cr-l^lVi..
1 r~\~K\ T? T-I
^ QEO N GR EEN, clerk.
This town is in Middlesex County.
When Due.
School Notes—
LOANS—
Armory Loan—
4s, J&J, $10,000.... July '01 to '05
'01 to '04
4s, J&J, $4,000 .July 18,
($2,000 yearly.)
Tot. bond, debt Mar. l.'Ol $105,000
($1,000 due yearly.)

O

-

-

Sewer Bonds—

39,000
Floating debt
Total debt Mar. 1, 1901. 144.000
$4,663,500
Tax valuation, real
($4,000 due yearly to 1917,
then $5,000 yearly.)
Tax valuation, person'l 479,800
Total valuation 1900.
5,143.300
Town Notes—
J&D, $10,000.. June 9,1902 Assess't 80 to 9096 of actual value.
48,
J&D, 5,000. .June 1,1904 Total tax (p. $1,000), 1900. $2000
48,
.6,197
J&D, 10,000.. Dec. 1, 1905-6 Population in 1900 was
4s,
Population in 1890 was
6,155
School Bonds—
3H s, A&O, $52,000. Apr. 1. '02-'19
INTEREST on sewer bonds, on the school notes and on the town
notes, due in 1904 1905 and 1906, is payable at Boston; on all other
loans at Stoneham.
4s,

J&D, $105,000. J'ne

l.'Ol to '25

. .

,

SUFFOLK COUNTY.— See City of
TT
SWA M PSC OWhen
LOANS—

.

-This town

Due.

Water Bonds—

3^8, g., F&A,$120.000.Aug. 1, '28
Bond, debt Mar. 20,1900.$120,000
64,000
Floating debt
Total debt Mar. 20, 1900. 184,000

1AU1N

—

This city

is

in

Boston.

Essex County.

real. $4,446, 900
Ass'd valuation, pers'l. 1,138,275
Total valuation 1900.. 5,585,175
Assessment about actual value.
Tax rate (per $1,0C0) 1900. $1100
3,198
Population in 18H0 was
Population in 1900
4,548

Assessed valuat'n

in Bristol County.

t- A TTTVT'-T^r^-M
1 KJL\
is

LOANS—

5

l

JOHN O'HEARNE,

EDWARD

When Due

City Bonds—
4s, J&D, $73,700.Jtme & Dec.1901
1,500
.June 1,1902
4s, J&D,
June 1, 1903
4s, J&D, 15,000
June 1,1904
4s, J&D, 49.000
4s, J&D, 63,325.Juue&Dec.l905
June 1, 1906
4s, J&D, 15,000
June 1,1907
4s, J&D, 21,000

J&D,
J&D,
J&D,
J&D,
J&D,
J&D,
J&D,
J&D,
School

4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

1

6,100. Juce&Dec.l908

June 1,1909
June 1,1911
June 1. 1913
June 1,1914
62,000June&Decl,1915
June 1, 1916
46,800

17,850
5,000
15,000
21,000
45,000

Is,

.LVD. $34,500

4s,

J&D, 27.000
J&D. 45.000

4s,

Elkctric-Ligiit
4, J&D, $125,000
4s,
7,500
3,500
4s, J&D,

4s,J&D,

5,000

Sewkr bonds-

4s,
4s,
4s,
4s,
4s,

Dec.

1,

1906

Bonds—

J&D, $83,500
J&D, 16.500
J&D, 50,000
J*D, 30,000
J&D, 75,000

June 1, 1909
June 1, 1917
June 1,1919

Bonds-

H.

Mayor.
Treasurer

TEMPLE.

loans—

June 1, 1927
Junel,1928

1,

1910

Watfr Bonds—

July 1, 1904
J&J, $12,000
July 1, 1905
J&J,
1,700
July 1, 1906
J&J, 27,000
July 1, 1908
J&J,
5,000
July 1, 1909
J&J, 15,000
July 1, 1910
J&J, 45,000
July 1,1911
•is, J&J,
38,000
July 1,1917
4s, J&J, 45,000
July 1, 1922
4s. J&J, 506,500
July 1,1918
4s, J*J, 50,000
July 1,1919
4s,J&J,
4,000
Jan. 1, 1920
4s, J&J, 30J00
July 1.1930
4s, J&J, 40,000
Bond, debt Jan. 1,1901. $1,^09,375
4s,
4s,
4s,
4s,
4s,
4s,

7,700
I'loatingdebt
Total debt Jan. 1, 1901 1,817,075
419,651
Sinking fund
Net debt Jan. 1, 1901.. 1,397,424

June 1, 1927 Water debt (included).
Junel.1917 Water Bilking fund....
Junol, 1918
Dec 1,1928

When Due

Street Improvement—
J&D. $22,000. ...June

3i«8,

814,200
174,628

Assessed valuat'n, real. 15, 224, 870
Assessed valuat'n, per. 5,628,810
Total valuation 1900 20,853.680
Assessment abt. 90% actual value.
Tax rate (per $1,000) 1900. $18-60
25,448
Population in 1890 was

Deo. 1, 1928
Junel, 1929 Populafn in 1900 (Census). 31,036
June 1, 1930
INTEREST— WHERE PAYABLE— Coupons are payable at the
Atlas Nat. Bank of Boston. Rok. interest is remitted by City Treasurer.
OUTSIDE DEBT LIMIT— The electric light, sewer and water
bonds are outsldo debt limit.

.

TURNERS FALLS.—
town

of Montague, Franklin County,
Turners Falls is a part of the
but is separate for water and fire purposes.
When Due. Total debt Jan. 1, 1901.. $30,000
LOANS—
Staking funds
12,866
NOTES—
67.1H4
3^8. M&N, $5,000. .June, 'Olto '0 1 Net debt Jan. 1. D'01

Tax valuation, real
2, 179, -171
Tax valuation, personal.. 641,985

Watkr Bonds—
M&S,
M&S,
M&S,
M&S,

Sept. 1, 1901
Sept. 1, 1900
Sept. 1,1911
Sept. 1, 1916

$15,000
15,000
25,000
25,000

Total valuation 19o0

M&N,

4s,

A&O,

as,

,

This

4s,

F& A,

Loan—

Dec.

$9,000

1,
1,

($3,000 due yearly) to Dec.

1901 to 1903

$1,500
5,000
2,000

INTEREST
A

1902-1905

Population in 1900 was ... 9 290
payable at the Central National Bank, Boston

is

t^

T

This town

. .

1900tol90«

rD/^r
W ALrULJi. —

\"X7

1, '01 to '1j
1, '01 to'13

Total debt May 1, 1900.. $270,00"
Tax valuation, real
6,788,545
Tax valuation, personal. 976,670
Total valuation 1900. .7.7fi5.215
Total tax (per $1,000) 1900.$18-50
Population in 1890 was
6.982

1901
1904

Miscellaneous Loans—
4s, J&D,
4s, J&I),
4s, M&S,

M&N, $30,000. Nov., 190 1 to M5
12,000... Oct.
2S.000.. Oct.

LOANS—

J&D,
M&S,
M&S,

Electric-Light Plant—
M&S, $7,000
Sept. 1,1901
($1,000 due v'rlv) to Sept. 1, 1907
4s, M&S,
$4,000 ...Mar. 1,1902
4s,

School Houses—
4s, J&D,
$8, 000.... Dec.
4s, M&S,
4,000.... Sept.
4s, M&S,
9,000.... Sept.

($2,000 annually)
4s,
4s,
4s.
4s.
4s,
4s,

1913-1923
M&S, 22,000
Oct.
1, 1912
A&O, 6,000
M&S, 18,000. ...Sept. 1,1913
M&S, 9,000.. .Mar. 1, 1914
M&S, 140,000. ..Mar. 1, 1915
M&S, 15,000. ...Mar. 1,1916
M&S,
5,000. .Mar. 1, 1917

1902
1903
1904
1905
($4,500 due y'rly) to Sept.
4s, M&S,
12,000.... 8ept. 1, 1901
($2,000 due y'rly) to Sept, 1, 1906 4s,
4s. M&S,
2,200 SeDt. 1, 1901-02 Total debt, Feb. 1, 1901.. $383,200
48, M&S,
6,00O.Sept 1, 1901-06 Water debt (included).... 278,000
82,791
Building Bonds—
Sinking fund assets
300,409
4s, M&S, $15,000. Sept. 1, 1901-08 Net debt Feb. 1, 1901

}h. E. CRAIG, Clerk.

WALTHAM,

1,
1,
1,
1,

Tax valuation
Tax valuation

M&S, $7,000 Sept 1, 1901-07
Department Sheds—
4s, M&S,
$3,000. Sept. 1, 1901-03
Water Works—
4s,

MAHLOV

R. LEONARD, Mayor.
SANDERSON, Treasurer.

!E. J

NTEREST

is

3,600
Dec. 16, 1907 Populationin 1890 was
payable by the Bo ston Safe Deposit & Tr. Co., Boston.

WESTBORO.-O.
This town

is

1901
1 02-1903
1904-1908
1901-1903
1901

3^3,
5s,

LOANS—

When Due.

....,

19,000
3,100
1,150

Water Bonds—

When Due

1904-1905

$5,000

4s

5,50'i

B 8, .....

Library Notes—

When Due.

Municipal Debt—
3%s
$2,800

3V,

K. Newton, Treas.

in Worcester County.

LOANS—

3

real

J&D, $5,000

4s,
I

.

5,460,125
personal, 3, 476,550
Total valuation 1900.... 8,936,675
Assessment % actual value.
Total tax (per $1,000) 1900. 1100
5,072
Population in 1900 was

Parkway Bonds—

in Middlesex County.

LOANS-

. .

A&O,
M&8,

5,000.... Apr. 1,1909
10,000... Sept. 1, 1908-9
M&N, 6,000. ...Nov. 12, 1910
J&D, 6,000.... Dec. 30, 1911
1901 to 1902
M&S, 6.000
($3,000 annually.)
1903 to 1912
4s, M&S, $20,000

$5,000... Dee. 1,1901
9,000. Sept. 1,1901
13.C00. Sept. 1,1901 06

,

is

4s,
4s,
4s,
4s,
4s.
Is.

($2,000 y'rly to 1907; $1 ,000 in '08)

Street 3>«s, $3,000. .Nov. 17, 1905
School Note—
do 5s,
1.150. .Nov. 16, 1901
4s, M&N, $8,500
Nov. 2, 1906 Bonded debt, Feb. 1,1901. $100,000
3ifl8
4,000
July 13, 1901 Floating debt
13,200
Water Bonds Tax valuation, real
2,107,884
4s, F&A, $100,000.. 1901tol925 Tax valuation, personal. 557,796
($4,000 due yearly on Aug. 1.)
Total valuation 1900
2,665,680
Wat. note, 4*48, $700. Dec. 15,1902 Total tax per$l,000, 1900. .$18-40
Street 3^8, $3,000.. Nov. 17, 1904 Population in 1890 was
2,604
Population in 1900 was
3,572
INTEREST is payable at the Nat. Bank of Redemption, Boston.

This city

Treasurer.

Watkr Works— (Con. )—
M&N, $5,000. .Apr. 28, 1908

When Due.

Road Bonds—
4s,
Is,
4s,

Albert Jennings,

in Norfolk County.

.

JF. O. PILSBTJRY, Treasurer.

Norfolk County.
When Due.

is in

LOANS—

town is

1

.

6,37

($3,000y'rlytol905: *1,000in'06)

School Loan—

A&O,
A&O,

1913
1918
1901.. $65,700

WELLESLEY

Skinner, Treas.
48,
4s,
4s,

44,500

Total debt May 1
Sinking fund assets

2,SU,45G

is in

When Due.
LOANS—
Municipal Light Loan—
4s, A&O $158,400 Oct., 1901 to '24

.1901-1906

. . .

48.A&0, $11,000

Assessment about 23 actual value
Total tax (per$l,000),190O.$1540
Population 1900 (est.
4 800

WAKEFIELD.- T. J
Middlesex County.
town

$6,600

$59,321

,649,275
Assessment about 3* actual value.
Total tax (per$l,000) .900. $14-70
Population in 1900 was
2,303
Population in 1890 was
2,060
is payable in Boston.
Interest

Refunding Bonds—

)

jlbmory

20

When Due. Net debt May 1,1900
LOANS—
Tax valuation in 1900.
School House Bonds—

INTEREST is payable at the Howard National Bank, Boston, M
TAX FREE— All loans issued by this district exempt from taxation.
Tbis

9

MASS^CttUSETTS-CITIES MID TOWNS.

April, 1901.

4s,
4s,
4s,
4s,

—

.

Sewer Bonds—

1922
$31,000
1926
10.000
3i«s, M&N, $25,000.
Nov. 1, 1928
(Interest payable in Boston.)
Total debt JaD. 1, 1901. $228,850
126,000
Water debt (included)
Sinking funds
6?,393
2,939,469
Tax valuation 1900
Assessment is ±5 actual value.
Total tax (per $1,000) 1900.$16-70
Populationin 1900 was
5,400
Populationin 1890 was
5,195
4s
4s

.

5s, M&S, $55,000
Sept. 16, 1908
City Bonds—
Water Bonds— (Con.)—
4s, M&S, 35,000.... Mar. 1,1908
4s, J&J, $31,000. ..July 1,1901 4s, A&O. $10,000. . .Apr. 1, 1914
4s. J&J,
25.000 ..Jan. 1, 1902 4s, A&O, 10,000.... Oct. 1, 1914 4s, M&S, 20,000. . .Sept. 16, 1916
2,000.... Sept. 16, 1919
4s, J&J.
26.000 ..July 1,1902 4s, A&O, 10,000.... Apr. 1, 1915 4s, M&S,
1920
48,
5,000
48, J&D,
8,000.. ..Deo. 31, 1902 4s, A&O, 10,000.... Apr. 1. 1916
1925
9,000
48, J&J,
3,000.. .Jan. 1, 1906 4s, A&O, 30,000. .Apr. 1, 1917 48.
48, J&J,
3,000. .Jan. 1,1912 4e, A&o,
33,000
Oct. 1, 1918
2,000.. .July 1, 1912 3>«8, A&O, 10.000... .Apr. 1, 1920
48, J&J,
48, J&J,
25,000.. .Jan. 1, 1904
Surface Drainage Bonds—
N. Oakes, Town Treasurer.
27,000.... July 1. 1904 4s, J&J, $85,000.... Jan. 1,1909
48, J&J,
This town is in Hampden County.
4s, A&O,
5,000
Apr. 1, 1924 4s, J&J,
15,000.. ..Jan. 1,1910
4s, J&J,
30,000.... July 1. 1905 4s, J&J,
10,000.... July 1,1912
When Due,
When Due.
LOANS—
LOANS48, J&J,
11,000
Jan. 1, 1906 4s, J&J,
4,000.... Jan. 1,1919
Bridge Bonds—
Grade Crossing Notes—
4s, J&J,
6,000.... Jan. 1,1916 3»«8, J&J. 4,000.. ..July 1,1919 4s,
Deo., 1902 to '07
$9,600.. Oct. 1,1901-08 4b. $ 8,000
4s, J&J,
31,000.... July 1. 1906 38^, J&J, 3,000.... July 1,192
13.600 Oct. 1, 1901-08
Sewer Notes
48
4s, J&J,
5,000.... July 1,1916
Sewer Bonds
Water Bonds—
Jan. 1, 1908
4a,
A&O, $5,000
4s, J&J,
5,000... .Jan. 1. 1907 4s, A&O, $30.000.. .Apr. 1, 1902 4s, A&O, $15,000
Oat. 1, 1901 3^8, A&O, 30,000.... Oot. 1, 1901
48, J&J,
1,000.... July 1. 1907 4s, A&O. ,t50,i000.. ..Oct. 1,1911
($5,000 due yearly) to Oct. 1, 1904
($5,000 due y'rly) to Oct. 1, 1906
4s, J&J,
4,000.... Jan. 1. 1908 4s, A&O, 50,(
000.. ..Apr. 1,1921 4s, A&O, 49,500
..1908-1909
$10,000
Oct. 1,1901 4s,
4s, J&J,
3,000
Jan. 1,1918 48, J&J,
10,000.... July 1,1902 ($5,500 due yearly) to Oct. 1, 1909
(*5.000 due yearly.)
Public Park Bonds—
4s, J&J,
25,000.... July 1,1922 4s, A&O, $17,500
Deo. 15, 1910
$5,000
Oct. 1.1901 4s,
4s. A&O, $20,000.
.Oct.
1, 1923
4s, J&J,
15,000.. ..Dec.31, 1922 ($2,500 due yearly) to Oct. 1 1 907 3ks..., 2,000
Sept. 17, 1911
High School Bonds—
4s, A&O, 10,000... Apr. 1,1923
A&O, $88.000.. .Oct., 1901-22 Bond, debt Feb. 1,1901.. $405,500
4s,
3*«*.J&J, $70,000 .July 1,1920 4s, A&O,
5,000.. ..Oct. 1,1923
School Notes—
Water debt (included)... 170.000
Water Bonds—
4s, J&J.
7,000.... Jan. 1.1927 5s
8,250,867
*10.800... . Sept. 1, 1901 Tax valuation 1900
4s, J&J,
$9,000.... Apr. 1. 1906 Bond, debt May 1,1900. $1,079,000 ($1,800 due yearlv) to Sep. 1, 1906. Assessment about 9] n actual value.
4s, J&J,
6,000.... Jan. 1. 1907 Sinking funds
349,0*5 48, $18,400
Jan. 1901 to 1908 Total tax (per $1,000) 1900. $1700
4s, J&J.
12,000.... July 1, 1907 Net debt May 1, 1900..
729,915
Gas and Light Bonds—
Populationin 1900 was
12,310
4s, J&J,
24,000.... July 1. 1908 Water debt (included)
406,000 3^8, J&D, $116,000.. June 1, 1901 Population in 1890 was
9,805
4s, J&J,
20,000.... July 1. 1909 Assessed valu'tion.real. 14,338, 100
($1,000 due y'rly) to June 1, 1929
4s, J&J,
35,000.... July 1,1911 Assessedvalu'tion.per'l 5,237,839
In place of a sinking fund the town pays off part of its debt yearly.
4s, J&J,
July 1. 1912 Total valuation 1900... 20,175, 939
28,000
INTEREST on the water bonds is payable at Boston; on all other
24,000. ..Jan. 1, 1913 Tax rate (per $1,000) 1900.$l4-00
48, J&J,
loans at Westtleld.
4s, A&O, 125,000.. .Apr. 1. 1913 Population in 1890 was
18,707
4s, J&J,
20,000.... July 1, 1913 Population in 1900 was
23,481
F. II. SlBLEY, Treas.
INTEREST is payable at the Boston Safe Deposit & Tr. Co., Boston.
This town is in Hampden County
A. F. Richardson, Treasurer.
Water Bonds—
When Due.
LOANS—
This town is in Hampshire County.
General Purposes—
$25,000 .April 1, 1929
4s, k.,
Mav 5, 1901 4s, g.,A(SO, 25,000. Oct. 1, 1930
Amount. Total debt Mar. 1, 1901. $90,900 58, $22,000
LOANS—
High Sohool loan, 4s
$1 2,000 Tax valuation in 1900... 4,141, 130 ($1,000 due yearly) to May 5, 1922 bi«8,g..A&O,25,000..0ct. 1, 1930
kefundisg Bonds—
Oct. 1,1901
Sewer loan, 4s
26,000 Tax rate (per $1,000) 1900. $1820 4s, A&O, $18,000
($l,000,due yearly) to Oct. 1, 1918 48. g.. $25.000
May 1,1929
Macadam road loan
5,000 Population in 1900 was
8,263 4s, $165,000
5,041.060
1927 Tax valuation 1900
Mlso. loans 4s
2,500 Population in 1890 was
7,329
Refund'g Sch'l House & 81: wers Total tax (per $1,000) 1900. $14-60
Waterdebt
41,400
4s, M&N, $50,000.... May 1, 1928
Population in 1900 was
7,105
8ewer extension 3 »as. ...
4,000
Population in 1890 was
5,077
INTEREST on the $25,000 of bonds is payable by the N. Eng. Trust
W. Stone, Treasurer. Co. Boston; on the $20,000 of bonds at the Third Nat'l Bank, Boston.
This town is in Middlesex County.
. .

.

.

. .

WESTFIELD.-C.

1

—

. .

,

. .

WEST SPRINGFIELD —

WARE. —

.

WATERTOWN.-Chas.
LOANS-

Bridue Notes—
4V>s,
4*28,

4^s.

Town Notes— (Con.)—

When Due.

4s,

j&j, $5,000.... July
A&O, 5,000.... Apr.

1,
~
1,

.Kvl).

1,

1902
1902
1902

1,

1901

5,000.... Dec.

School House Notes—
4s,
M&S, $28,000... Sept.

.

<?2,000 yearly) to Sept., 1914
48, M&S, $11,000.. Sept. 1 1904
48, A&O, 2 8, 000... Oct., 1901-07
48, A&O,
4,000. ...Apr. 1,1908

Water Bonds—

j&j, $252,000. Jan 1. 1902 to
<$9.000 due yearly)
Jan. 1, 1929
Total debt Feb. 1 1901 ... $734 ,300
Waterdebt (included)
402,000
3*28,

8ewer Notes—

4ifl8,

4 las,
4*28,

J&D,

5,000.... Dec.

J&J,

1,
1,

1,000

Jan.

1,

1901
1901
190<

Nov.

1,

1906

M&N, 70,000
Town Notes—

4s,
4s,

.

J&J,$30,000 ...July

4s.

J&J,

A&O,

F&A,$18,000... 1901 to 1906

($3,000 due yearly on Aug. 1.)
4s,
F&A, $30,000.. Aug. 1,1907
4s,
J&D,
8.00O.. Dec. 1, 1907
4s. M&N,
15,000. Nov, 1, 1908
3^8, F&A, 21.800 .Auk. 1, 1909
4s, J&J.
8,500. Jan. 1, 1910
3»~s, J&J,
20.000... .July 1,1910

,

I

Tax valuation, real
9,115,450
Tax valuation, personal. 1,627,782

Total valuation 190O... 10.74 3,242
Total tax <per$l,000) 1900..$17'O()
1,
Population in L90 was
Populationin 1890 was
7,073
payable at the Fourth National Bank, Boston.

$5,000
14,000

•

-July
.Apr.

1,

1904
1905

•

.

INTEREST

is

WAYLAND.- Henry F.
town
This

is in

Middlesex County.

Lee, Treasurer.

WEYMOUTH.The town
County.
la in

H. Stetson, Treasurer.

Norfolk

loans-

When Due.

tow.s Debt—

4s,
....,$10,000 ..Dec. 30,
4s,
5,000 ..Jan 15,
3»*p,
5,500. ..Mav 1.

3

4<8

10,000. .May

8,

1901
1902
L903
1909-10

School Bonds—

Wvter Bonds— (Con.)
M&N, $5,000.... Mav 1, 1927
M&N.
8.000.. ..Mav 1, 1926
3,000 .. May 1, 19*9
M&N,
3,000... Nov. 1. 1930
M&N,
Town debt. Jan. 1, 1901. $:<O,500

4s,
is.
4s,
4".

84,500
School debt Jan. 1, 1901.
Water debt Jan. 1, 1901. 454,000
12,Ono. Mav L. 1904-0.1 Floating debt
S'as
80 220
3»«*, ...
15,000 Jan. 1, 1906 07 Total debt .Ian. 1, 1901.. 649,220
154,073
7.500. June 15, 1910 Sinking fund
3>a8, ....
\V vter Bonds—
Lebt Jan. 1,1901.... 495,147
4s, M&N, $300,000.
5,622,096
.Nov. 1, 1914 Tax valuation, real
is, max.
50,000.. .Nov. 1, 1917 Tax valuation. personal. 904,668
4s, M&N,
6,526,764
2 1 .000. .Nov. I, L919 Total valuation 1900
'-".".000.. .Nov. 1,
Property assessed at actual value.
is, M&N,
4s, Man.
15,000.. Nov. 1, 1921 Tax rate (per $1,000) 1900. $2050
1-. M&N,
11,324
13.000.... Mav 1 1924 Populationin 1900 was
4s, M&N,
10,866
4,000.... May 1 1925 Populationin 1890 was
INTEREST on the town and school debt is payable at the Town
Treasurer's office: on all other loans at the Nat. Bank of the Republic,
Boston. M.i-~
4s,

J&J, $50,000

Inly

1.

1907

1

9

:

80

STATE

WHITMAN.-Geo.

D

/*N$>

CITY SUf fhZWtm.

Soule, Assessor.

Plymouth County.
$3, 1 04,840
When Due. Tax valuation, real
LOANS—
Tax valuation, person'l. 5 * 9,000
So. Abington Water Bonds—

This town

Is

in

\

4a,

3,643,840
1912 Total valuation 1900.
Assessment same as actual value.

M&S, $100,000

,

Tax rate (per $1,000) 1900. .$1970
4,441
Population in 1890 was

i

I

Population in 1900 was

is

6,155

I

WILLIAMSTOWN.County
town
Ttus

.

.

Interest payable in Boston.
Bond. debtOct.19, 1900.. $100,000
5 R 000
Floatingdebt
Total debt Oct. 19, 1900.. 155,000
S> 1,281
Sinking funds, eto

VV.

Clark,

13.

Treas'r.

in Berkshire

When Due. Total debt Feb. 1, 1901.. $65,000
2,469,630
Tax valuation, real
Refunding Notes—
320,538
1901-1913 Tax valuation, pers'l
3%s, F&A, $26,000

LOANS—

Total valuation 190'».... 2,790,168
Assessed valuation 85% actual val.
Total tax (per $1,000) 1900.$15 50
5,013
Population in 1900 was
4,221
Population in 1890 was

($2,000 yearly on Aug. 31.)
3%s, F&A.. $31,000.... Aug., 1907
Cemetery loan, 5s, $8,000. On dem.
Bonded debt Feb. J, 1901. $-j7,000
8,000
Float's debt Feb. 1, 1901.
INTEREST is payable in Boston

tirTMnupcT^CD \q. h. carter, cum*.
WINCHESTER- (THOMAS 8PURB, Treasurer.
S.

This town

is

in

LOANS—

Middlesex Countv.
When Due.

Playground BondsSchool Loans—
Nov.,
4s,....,
$5,000
3»»B, M&N, $42,f 00..1901 to

1901
1909

Water Bonds—

Sewer Bonds—

4s, Var's,

3*28,

M&N,

.

^8. J&D, 10.0O.> ...Dec.l9>)9-10
Total debt Mav 1, 1900.. $585,500
330,000
Water works, value
7,890,955
Tax valuation, real
Tax valuation, personal.1,062,225
Total valuation 1900. . 8.453.180
Assessment about 34 actual value.
$16-20
Tax rate (per M) 1900...
Population in 1900 was.
7,248
Population in 1890 was.
4,861

,$20,000.. Dec. 1, '23-'24
($10,000 due yearly)

1 902-1904
1902; $2,000 in
1903 and $7,000 in 1904.)

J&D. $14,000

($5,000 Dec.

. .June 1, 26-'28
7,000 ...1914 to 1916

J&D. $33,00'».

4 s,

Highway Bonds—
4s,

$318,000. .1900 to 1926

(Part due each year.)

1917-1922
$30,000
($5,000 due yearly.)
4s,
$50.000. .Dec. l,'18to*22
($10,000 due yearly.)
4s,

4a,

J&D, $3O,000.Deo.l905to'09

($5,000 in 1905, $4,000 in 190^,
$5,000 in 1907, $10,000 in 1908,
$6,000 in 1909).

$62,500..Deol,*15 to*24

Is,

Highway Bonds— (Con.)—
y»s8,

1,

.

.

WINTHROP.— Frank Cook, Treasurer.
town
This

is

in Suffolk County.

LOANS—

When Due. Tax valuation 1900.
$6,998,325
Tax rate (per $1,000) 1900..$15-20
1905 Population in 1900 was
6,058
5s,
,$34,500
2.726
Total debt May 1, 1900.. $223,568 Population in 1890 was
. .

Town Bonds—

Sinking fund assets

24,143

WOBURN
This city

is

«,

I

W.

T.

DAVIS, Mayor.

ALBERT

LOANS—

M&N,

M&N,

Auditor.

Water Debt— Con.—

When Due.

General Municipal Loans.

4s, J&J,
4e, A&O,
4s, J&D,
4s, J&J,
8*S8,
4s, J&O,
48, A&O,
48, F&A,
4e, M&N,
4s, J&J,
4s, M&N,
48, M&S,
4s, J&D,
48, MAN,
4s, J&J,
4b, A&O,
4s, A&O,
4s, J&J,
4s,
4s, J&J,
4s, F&A,
4e, J&J,
4s. J&J,

BARRETT,

P.

in Middlesex County.

$600

July

1,

4s,
4s,
4s,
4s,

1901

1,000... Oct., I90l-'0i
8,000.. Dee., 1901-'08
18,C00...July, 1901-*09
1,500. Nov., 19t !-*< 3
2,000... Dec, 1901 '04
1,000... Apr., 1902-'03

J&D,

1,

1904

Sewer Debt—

00

4s,

1.50O. .July, 1901'03
1,000
Oct., 1901
2,000
Oct., 1901
6,000.. June, 1901-'0l
2,50 -..Nov., H-0l-»O5
4,000. July, 1901-'08
1,000... Aug., 1901-*02
'.0,000.. July, 1901-' 10
2,500.. July, iy0i-"02

M&S,

4s,A&0,
4s, J&D,

May, 1901

500
600

...Oct. 1901
4,500... June, 1901-'09
2,000.. ..July, 1901->04

J&J,
Municipal debt
Water debt

48,

$104,600
124,600
Sewerdebt
84,600
Tot.b'ndedd'bt Ian. I.'OI 313,800
Floating debt, additional 67,796
Total debt Jan. 1, 1901.. 381,596
Tax valuation 1900... $10,555,975

.

Water Debt—
J&J,

J&J,

Apr.

..June, 1901-'07
1,600... July, l^01-*03
500
Deo., 1901

4s
Jan. 1, 1902
$1,000
($500 due yearly) to Jan. 1 , 1903
4s, A&O, $18,000.... Aug. 1, 1901
($2,000 due y'rly) to Aug. 1, 1909
4s, M&S,
$l,S00.Sept.l,19Ol-'03
($500 annually)
4s, A&O, 40,000
Apr., 190l-'08
4s, A&O. 11,000
Oct., 1901-'ll
4s, A&O,
4,f 00. ...Apr.. 1902-'l0

Aug., 1901
v,000 Nov., 1901'02
6,000... July, 1901-'06
12,000.. Nov., 1901-'06
500
Sept, 1901
6,000... Dec, lv.01'06
4,000.. Sept., 1901-'02
1,<

A&O, $9,000
J&D. 3,500

1901 V'lueof City Pr'p'rty '99.1,193,099
1905 Assessment same as actual value.
4s,
July 1, 1901 Tax rate (per $1,000) 1900.$17'80
$30,000
due yearly) to July 1, 1905 Population in 1890 was
($6,000
13,499
4s, A&O, $10,000
Apr. 1, 1905 Population in 1900 was
14,254
4s, A&O, $20,000.
Apr. 1, 1902
($10,000 due yrly) to Apr. 1, 1903
INTEREST is payable in Woburn.
$50,000... . July
($10,000 due y'ly) to July

4s,

1,
1,

,

. . .

|

U/ORr^QTCTD —
L Ll«rt
_ Vf^y.
This city

.„

is in

LOANS—

:

PHILIP J. O'CONNELL, Mayor.
JFRED. W. WHITE, Treasurer.
}

Worcester County.
When Due.

LOANS—

When Due.

Funded City Loans—
Funded Sewer Loans—
5e, A&O, $200,000 .. Apr. 1. 1905 4i28.A&O,$140,000...Apr. 1,
48, A&O, 500,000.... Apr. 1, 1905
4a. J&J,
65,000.... Jan. 1,
4b, A&O, 500,000.
Apr. 1, 1905 4s, J&J,
70,000.... Jan. 1,
A&O, 135,000.... Apr. 1,1902 4s, J&J, 180,000.... Jan. "
4B,
1,
4a, AAO, 100,000.... Apr. 1,1903 4s, J&J, 145.000.... Jan. 1.
48, A&O, 260,000.... Apr. 1,1904 4a, J&J,
75,f00
Jan. 1.
4e, A&O, 11 0,000.... Apr. 1,1905 4s, J&J.
75,000
Ian. 1.
4s, A&O, 125,000.... Apr. 1,1905 4s. J&J,
80.O00.
80,000
Jan. 1,
4b, A&O,
50,000.
Apr. 1, 1925 48, J&J, 100,000.... Jan. 1,
100,000.
4s, A&O, 300,000.
Apr. 1, 1906 MHs.A&O, 20,000
A pr. I.
4b, A&O, 100.000.. Apr. 1, 1906 4s, J&J, 200,000.
.Jan 1.
4b, A&O, 250,000.
Apr. 1, 1926 4s, J&J, 300,000 ...July 1,
4b, A&O, 200,000.
Apr. 1, 1907 4s, J&J. 170,000.... July 1,
48, A&O, 350,000
Apr. 1,1927 3>*8,A&O,200,000 .. Apr. 1,
Funded Water Loan—
48, A&O,
40,000. ..Apr. 1,1917
. .

.

. .

.

. .

.

200,000.... Apr. 1, 1907
100,000.. ..Jan. 1,1909
3*28. >&0, 60,000 ...Apr. I, 1909

4a,

4s

48, J&J, $160,000
July 1,
3»sb, A&O, 32.000
Apr. 1,
3*ss, J&J, 50,000.... July 1,

HOSI'ITAI,

1908
1909
1909

HONDS—

J&D, 10,000 ...June 1,1910
Funded Park 1x>an—
4i», A&O, $250,000. ...Apr. 1,1938
School Loans 3*9H,

4s,
3»«8,

J* J, $177,000. .July
J&J,
30,000.. Jan.

1,
1,

1919
1920

J&D, $100,000.... Deo.

1,

3>«s,J&D 150,000. .June

1,

5s,
48,
4a,
4s,
4s.
4s,
4a,
4s,
4s,
4s,
4a,
4a,

A&O, 250,000.... Apr. 1,
A&O, 100,000
Apr. 1,
A&O, 150,000.... Apr. 1,
A&O, 200,000. ...Apr. 1,
A&O, 30,000
Apr. 1,
A&O, 70,000.. ..Apr. 1,
A&O, 150,000.. ..Apr. 1,
A&O, 50,000.. ..Apr. 1,
A&O, 50,00 v.. ..Apr. t,
A&O, 100,000. ..Apr. 1,
J&D. 300,000.. ..June 1,
.

1905
1903
1904
1905
1906
1908
1910
1912
1916
1920
1927
1928
1929
1930
1906
1914
1915
1918
1919
1920
1921
1922
1923
1924
1925
1905
1905

Vol.

LXXII

When Due.
When Due.
LOANSLOANS—
Funded Water Loan— (Con
B'unded Water Loan— (Con.)—
4s, A&O, 100,000.... Apr. 1, 1925 4s, J&J,
25,000.... Jan. 1, 1929
75,000.... Apr. 1, 1926 3J28.J&D, 700,000.. ..June 1,1929
48, A&O,
4s, A&O, 300,000.... Apr. 1,1927 3 %s, J&D, 250,000 ... June 1,1930
4s, A&O, 350.000.... Apr. 1.1928 Tern. L'n, 200 ,000.... Oct. 1, 1901
)

PAR VALUE OF BONDS ia $500 and multiples thereof.
INTEREST on most Issues is payable, principally by check,

at the

Merchants' National Bank in Boston.

TOTAL DEBT, SINKING FUNDS, EtcFeb. 1,1901. Feb. 1,1900. Deo. 1, '98. Deo. 1, '97.
Total bonded debt.... $9,684,000 $9,229,000 $8,045,000 $6,735,000
SinMngfunds
4,043,593
3,603,287
3,204,932
2,785,314

Net debt
Water & park

$5,640,407 $5,625,713 $4,840,068 $3,949,686
debt
(rue. above)
$3,750,000 $3,500,000 $2,775,000 $2,225,000
The sinking fund receives yearly a sum auffloient with accumulations
of interest on sinking fund investments to retire entire debt at maturIn 1900 $283,760 was paid into sinking funds other than the
ity.
water bonds sinking fund. The water sinking fund on Feb. 1,1901,
amounted to $1,396,392.
CITY PROPERTY.—The city owned property in 1899 valued at
$12,541,334, including water works costing $3,300,031. Receipts from
water assessments in year 1898-99 were $283,53140; interest on
water loans, $87,250 paid to sinking fund, $7,500.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows, real estate being taken at " its full and fair
oash value "
Personal
Rate of Tax
Property.
Tears.
Real Estate.
Total,
per $1,000.
1900
$86,158,600
$25,885,373 $112,043,973
$1640
83,478,100
28,857,999
112,336,099
1600
1899
19,63H,000
1620
81,260,650
100,898,650
1898
14-80
1897
18,843,450
97,345,200
78,501,750
15,703,250
1896
74,986,450
90,689,700
1560
15-40
16,939.866
1895
71,104,650
88,044,516
5-60
15.633.010
1890
57,819,250
73,452,266
In 1900 tax rate includes State tax, $0-26 county tax, $0-82 city
tax, $15*32 total, $16-40.
Average assessed valuation for three years 1898 to 1900, inclusive,
was $108,426,240.
POPULATION. -In 1900 (Census) 118,421; in 1890 was 84,655;
;

:

;

;

;

in 1880

was 58,291.

ADDITIONAL STATEMENTS.
In the table below we give statements regarding all towns in the
State of Massachusets which have reported an indebtedness of over
$25,000, and which are not represented among the foregoing. We add
the population according to the Census of 1900.
Total
Assessed
Tax
PopuLocation.

Avon

Debt.

Valuation.

Norfolk Co
$62,900 $831,500
Barnstable, Barnstable Co
52,443 4,328,340
Blackstone, Worcester Co
43,299 2,673,850
Bourne, Barnstable Co.
46,710 2,141,825
Chatham (T.) Barnstable Co.... 35,800
884,975
Norfolk Co
Cohasset,
45,600 5,550,262
Dukes Co
Cottage City,
35,000 1,678,875
Deerneld, Franklin Co
28,1190 1,337,382
Douglas. Worcester Co
26,804 1,053,655
35,000 2,047,019
Dracut, Middlesex Co
Duxbury (T.) Plymouth Co
30,000 1,652,851
Fairhav en (T.) Bristol *o
87,000 2,315,670
Foxborough (T.) Norfolk Co
45,200 2,077,914
Great Barrington, Berkshire Co. 66,053 3,898,445
9P3.238
Hadlev (T.) HamiahlieCo
64,356
Hamilton, Essex Co
25,080 2,299,870
,
Hampshire Co
62,126 33,120,718
Hatfleld, Hampshire Co
50,000 1,093,341
Hingham (T.) Plymouth Co
38,000 4,152,059
Hinsdale, Berkshire Co
592,790
27,000
Ho pkinton (T.) Middlesex Co.... 81,:96 1,712,080
Hull, Plymouth Co
176,293 4,118,111
Kingston, Plymouth Co
40,500 1,381,970
Lancaster, Worcester Co
41,500 3,101,312
Leicester. Worcester Co
63,542 2,720,879
Lincoln (T.) Middlesex Co
68,000 2,237.295
831.764
Long Meadow (T.) Hampden Co. 48.000
Mansfield, Bristol Co
59,900 1,978,066
Millbury. Worcester Co
48,734 2,240,813
Millis, Norfolk Co
42,450
698,375
Milton, Norfolk Co
221,4^6 20.848,999
Montague (T.) Franklin Co
50,000 3,667,828
Nahant, Essex Co
24,485 5,374,540
North Andover. Essex Co
110,000 4,274,611
North Brookfleld, Worcester Co. 126,000 1,827,473
51,500 2,322,844
Pepperell (T.) Middlesex Co
Plymouth (T.) Plymouth Co
182,021 7,800,815
613,256
51,700
Rutland, Worcester Co
Scituate, Plymouth Co
70,500 2,642,700
Sharon. Norfolk Co
99,410 1,840,700
South Hadley. Hampshire Co.... 114,^39 2,510,040
291,800 2,962,416
Stoughton, Norfolk Co
31,100 1,322,568
Templeton, Worcester Co.
33,260 1,283,626
Upton, Worcester Co
33,000 2.264.050
Uxbridge, Worcester Co
139,000 4,974,105
Webster (T.) Worcester Co
40.412 1,568,925
Westport, Bristol Co
24,756 1,095,877
Wilmington, Middlesex Co
100,173 2,614,354
Winohendon, Worcester Co
32,668 1.519,375
Wrentham, Norfolk Co
23,500 1.785,376
Yarmouth, Barnstable Co„
(T.)

.

T.—Town.

Rate.

$18 80

I

at ion.

1,741

1200

4,

18-10
12-80
17*40
10*00
17*40
14*50
17*80
14-00
13*50
17*00
15*00

5,721
1,657
1,749

1100
18-50
6-70

1300
15 00
15-00

1820
17*30
15-00
12*75
17*80
8*00
13*00
21*50
18*00
18*00
11-00
15-40
8*00
13 00
21*10
17*50
15-20
19-30
14*70
12-30

1550
20*00

1980
17*00
18-20
12*00
20*00
13*50
20*00
17*20

1200

'fc'4

2,7.'

1,00
1,969
2,1 13

3,253
2,075
3.567
3,2r6
5,85 4
l,7b9
1,614
58,820
1,500
5.059
1,485
2.623
1,703
1,955
2,478
3,416
1,127

811
4,006
4,460
1,053
6,578
6,l.p

1,152
4,243
4,5h7
3,701
9,592
1.334
2,470
2,060
4,526
5,442
P.489
1,937
3.599
8,804
2.890
1,59*
5,001
2,720
1.682

—

—
April,

:

31

BttODE ISLAND -££BT Of STATE,

1901

Rhode

State of

customary and they may deem proper, payable on demand,
whether drawing interest or not.
56. No money shall be loaned by any institution for sav8ection
ings to any trustee, director or other otfloer of such institution.
For the other provisions of the law as they now are we would refer
our readers to the Revised Statutes of 1896.
ceipts as is

Island.

ITS

DEBT, RESOURCES, ETC.

—

One of Original Thirteen
as a State
1,2)0
Total area of State (square miles)
Providence
State Capital
Governor (term expires first Tues. Jan. 1902),William Gregory

Admitted

Cities,

in

STATE OF RHODE ISLAND.

.

C. P. Bennett
Tues. Jan. 1902).
Treasurer (term expires first Tues. Jan. ,1902). Walter A. Read

Sec. of State (term exp.

first

,

As the result of an amendment to th-* Constitution which
was adopted at the election held in November. 1900, the

now meets

annually the first Tuesday in January.
There is no limit as to the length of session other than that
compensation of the legislators is limited to sixty days
attendance in any calend <r year.
legislature

HISTORY OF DEBT.— For

a brief history of the Rhode Island
State debt see State and City Supplement of April 13, 1895, page 33.
The bonds outstanding at present are described as follows

LOANS

-

do
do
do
do

do
do
do
do

Interest.

—

,

Principal.

,

1894
1894
1894
1898

A&O

PAR VALUE OF BONDS.—
TAX FREE.—Bonds of the State House loan are tax exempt.
INTEREST Is payable in Providence at the Rhode Island Hospital
Trust Company on all loans except that due in 1938, which
at the Industrial Trust Co., Providence.

Is

payable

1900.
$2,300,000
295,752

1899.

$2,300,000
255,089

This town

H. Peck, Treasurer.

the capital of Bristol County.
due Total debt Feb. 1,1901 ..$130,000
LOANS—
Tax valuation, real
Town Notes—
4,636,100
1902-1905 Tax valuation, personal 1,154,400
4s, J&J, $62,850
Total valuation 1900. . 5,790,500
Seweb Bonds—
3»«8, g.,M*S, $55,000.3ep + 1, 1930 Assessment about 7g actual value.
Town tax (per $1,000) 1900.$ll-50
Refunding Bonds—
Population in 1890 was
3ifls, M&S, $7 5,000... Sept. 1. 1930
5,478
$9,000 Population in 1900 was
6.901
Short term notes
INTEREST on notes is paid in Bristol, R. I on bonds in Providence*
is

1™™

-

.

.

;

BURRILLVILLE.— Francis
County.
This town

is

LOANS—

Fagan,

situated in Providence
When Due. Total debt Feb.

Funding Bonds—

1,

Treas"er.

1901.. $129,000

Sinking fund and cash..
29,000
Tax valuation, real
2,463,474

S^s.g..., $60,000 ...Sept. 1,1939
Highway Imp. Bonds—

Tax valuation, pers'l
922,300
J&J, $i0,000g.Jan. 1, 1907 Total valuation 1900. ...3.385,774
everv five years) to 1922 Tax rate (per $1,000) 1900. $1000
(Part due
Population in 1890 was
Interest at 3d Nat. Bk., Boston.
5,492
Bonded debt Feb. 1, 1901.$110,000 Population in 1900 was
6,317

4s, g.,

Floating debt

19.000

W. FREEMAN,
CENTRAL FALLS. J08. REYNOLDS, Mayor.
assumed
<

Treasurer.
C. A.
the debt of the old fire district
This city, recently organized,
(which is now a part of the city) and a part of the debt of the town of
Lincoln.
Property consisting of land, buildings, water and sewer
equipment to the value of $605,1 15 is owned by the city.
Central Falls is in Providence County.
When Due. Water debt (included)
$100,500
LOANS—
Fire District Bonds—
Floating debt
58,000
4*28, g., M&N, $76,000. .'01 to 1919 Tax valuation, real
6,771,390
Tax valuation, person'l 1,559,300
($4,000 due yearly on May 15.)
Town of Lincoln Bonds—
Total valuation 1900 .. 8,330,690
15-00
$105,090 $3,390 each J&J Tax rate (per M.) 1900
City Bonds—
Population in 1895 was
15,828
48,J&D,$2t0,000g.Dec.l.*01to'21 Population 1900 was
18,167
Bonded debt Jan.l5,1901.$3S 1,090
NTEREST is paid at Industrial Trust Company of Providenoe
}

TOTAL DEBT, SINKING FUNDS EtcJanuaryl—
1901.
Total funded debt.... $2,300,000
Sinking funds
338,036

BRISTOL.— Geo.

>

Rate. Payable.
When Due. QuUtand'g.
Jan. 1, 1904 $300,000
3*ag.J & J
Jan. 1,1914
400,000
3Hsg.J & J
3iag.J & J
Jan. 1, 1924
400,000
Jan. 1,1934
400,000
3^ig.J & J
July 15, 1938
800,000
3g.
The bonds are for $1,000 each.

NAME AND PURPOSE

8tate House loan, 1894

Counties and Towns

1898.
$1,500,000
209,422

. .

Net debt
$1,961,964 $2,400,248 $2,044,911 $1,290,578
The sinking fund is largely invested in city, town and district
bonds and notes, and it is to receive $32,000 yearly. At the general
election Nov., 1900, the issuance of $700,000 bonds for the completion
of the new State House was voted.
The Legislature has authorized
these bonds and they are advertised for sale on April 18
TAX VALUATION.—The assessed valuation of real estate in
Rhode Island in 1900 was $320,318,384; personal property, $87,086,388 total $407,404,772. Tax rate (per $1,000) in 1900 was $1-80.
;

POPULATION OF STATE1900
1890
1880
1870

428,556
345,506
276,531
217,353

1860
1850
1840
1830

174,620
147,545
108,830
97,199

1820
1810
1800
1790

MUNICIPAL INDEBTEDNESS LIMITATIONS.-There is
Rhode Island limiting the amount of
following, however, are two sections taken from Title
36 (page 157) of the Revised Statutes of the 8tate of 1896.
these provisions have been in force, and consequently 3 per

83,015
76,931
69,122
68,825
nothing

in the Constitution of

city debts.

The

Chapter
Since 1878
7,

cent of the
taxable property has been the limit of the power of each town (which
includes city) to create debt.
8ection 20. "The outstanding notes, bonds and contracts of towns
shall be paid and be fulfilled according to the tenor thereof, and all
public worKs now authorized to be prosecuted shall be prosecuted, and
all in. lebtedness now authorized to be inourred on account thereof may
be incurred according to the tenor of the authority therefor.
Section 21. No town shall, without special vtatutoru authority
therefor, incur any debt in excess of three per centum of 'the taxable
property of such town, including the indebtedness of such town on
the tenth day of April, one thousand eight hundred seventy-eight, but
the giving of a new note or bond, for a pre-existing debt, or for
money borrowed and applied to the payment of such pre-existing debt,
is excepted from the provisions of this seotion, and the amount of any
sinking fund shall be deducted in oomputing such indebtedness."
A proposed new constitution, containing certain limitations as to
State and other debts, failed of adoption at the November election in
1898, was again submitted to popular vote in 1899 and again defeated.

SAVINGS BANK INVESTMENTS AND RESTRICTIONS.-In
the Revised Statutes of Rhode Island (which were revised in 1896)Bections 54, 55, 56, etc., of Chapter 178, Title 19 (on page 548), will be
found the provisions of law with reference to Savings Bank Investments. Section 54, which recites in detail the stocks, bonds, etc., these
institutions are allowed to put their money in is as follows
8kction 54. Institutions for savings shall invest their receipts—
(1) In public stocks or bonds of any 8tate or of the United States,
(2) Or in any bank stock, or in notes or bonds of any town or city,
(3) Or in notes of any school district or Are district in any New England State,
(4) Or in such corporate stocks or bonds as they may deem safe and
secure,
(5) Or they may discount notes, bonds or drafts of individuals or corporations, with two other responsible endorsers, sureties or guarantors,
(6) Or the notes, bonds or dra 1 s of indi viduals or corporations secured
by the public notes, stocks or bonds of any State of the United 8tates,
or of any town or city or of any school district or fire district in any
New England State, or by the stock or bonds of any corporation whiofi
may be deemed to be safe, or by mortgage on real estate.
Concerning Sections 55 and 56, the first appears to give savings
Institutions quite extensive powers as to making and keeping deposits
in commercial banks. When so kept, however, they are to be kept
"payable on demand whether drawing interest or not." The two
sections are subjoined.
Section 55.—No such institution shall have an amount exceeding
one-half of its receipts invested in notes, bonds or drafts of individuals
or corporations, unless seoured by some public notes, bonds or stocks as
aforesaid, or by mortgage on real estate: but the preceding section shall
not be »o construed as to forbid any such institution from placing and
holding on deposit in any bank such reasonable amount of their re1

. ,

I

COVENTRY.— John Matteson, Treasurer.
This town is in Kent County. The town has no bonded debt.
Net debt June 1,1900
#60,874 Total valuation, 1900. .$3,869,475
.

Tax

Assessed valuat'n, real. 2.533,575
Assessed val., personal. 1,335,900
j

rate (per M.), 1900.

Population in 1890 was
Population in 1900 was

5-00
5,068

5,279

— town Providence
CRANSTON.When Dae. 8inking fund County. $46,969
1899
This

is

LOANS—

in

Apr.,

•

Gold Bonds—

Assessed valuat'n, real 10,263,290
1922 Assessed valuat'n, pers. 1,143,915
48, g, $150,000, g
1925 Total valuation 1900... 11,407,205
4s, g, 100,000, g....Aug. 15,
4s,g,F&A$135,000,g.Aug. 1. 1929 Tax rate (per $1,000) 189J..1250
4s,
1937 Population in 1900 was
13,343
150,000, g
50,000 . Nov. 1, 1939 Population in 1890 was
4s, M&N,
8,099
Bonded debt Apr.. 1, '00 $585,000
'

I

I

|

I

|

CUMBERLAND.— Cyrus
This town

is

LOANS—

Funding Bonds—

When Due,

J&J, $55,000
Jan.
($5,000 due yearly) to Jan.

4s,

Town House Bonds—

4s,

Taft, Treasurer.

in Providenoe County.

J&J, $26.000

July

1,
1,

Sinking fund
Net debt Jan.

1901
1912

1,

$189,000
7,000
182,000
1, 1898 ...
Tax valuation, real
5,424,000
Tax valuation, personal. 2, lo6,00O
Total valuation 1897
7,590,000
Total debt'

1901

($2,000 due yearly) to July 1, 1914
Interest payable in Providenoe.
Bonded debt Jan. 1,1898. $104,000
Floating debt
85,000

Assessm't ab't 9-10 actual value.
rate (per $1,000) 1900..$10-00
Population in 1900 was
8,925
Population in 1890 was
8,090

Tax

EAST PROVIDENCE.— DavidS. RAY,Treas.
This town

Providence County.
When Due. Bonded debt Mar. 1,1901. $335,000
Town (Coupon) Bonds—
Other liabilities
103 873
4s, J&D, $90,000.. ..$5,000 yearly Total debt Mar. I, 1901.. 433,873
Gold Bonds (reg.), 1893—
Sink, fund and other a8sets.62.168
4s, g., J&J, $25,000... July 1, 1923 Valuation, real
7,740,540
680,620
4s, g., J&J, 60.000.. .July 1,1933 Valuation, personal
4s, g., J&J, 60,000... July 1, 1943 Total valuation 1900
8,421,160
Gold Funding Bonds
Tax rate (per $1,000) 1900.. $13-00
4s, g, ..... $100,000... 1922 & 1947 Population in 1900 was
12,138
8,422
($50,000 in '22 and $50,000 in '47.) Population in 1890 was
INTEREST on the town bonds is payable at Blake Bros. & Co., Boston; on gold bonds at the Rhode Island Hospital Trust Co., Providenoe.
is

in

LOANS—

—

East Providence Fire District.

—

Providence ooty

The water-works system of this distriot has been purchased by the
East Providenoe Water Company, subject to the outstanding debt of
the distriot.

LOANS—

When Due. 4^8,g.,.T&.I.$100,0O0.g.J'ly 1,1932
J&J,$15,000,g.Julv 1, 1907 Total debt Sept 1, 1900. $200,000
4,162,301
4Hjs,g.,J&J, 35,OO0,g.July 1,1917 Tax valuation
~&J, 50,O00,g. July 1,
4!fl8,g.,J&J, 50,O00,g.Juiy i; 1922 Real value (estimated). 5,250,000
INTEREST is paid by the Industrial Trust Co., Providence, R. I.
4iflB,g.,

I

I

JAMESTOWN.-Edwix

G. Knowles, Treas.
Newport County.
Town Bonds—
When Due. Assessed val'tion 19OO.$2,358,010
707
31*8, g, J&D, *30,000..June 1, '30 Population 1890 was
Total debt June 1, 1900 ..$70,6^8 Population in 1900 was
1,498
This town

is in

I

)

:

82
STATE AND CITY SUf fl£W£NT,
JOHNSTON.— Herbert C. Oalef, Treasurer. NAMELOANSAND PURPOSE.
town is in Providence County. On June 1, 1898, a portion of
town, representing about five-sevenths of the assessed valuation,
was annexed to the city of Providence. The commission appointed to
apportion the debt to be assumed by the city of Providence report that
the city's share of the net debt is $255,720-64, leaving $101,677-48 as
the town debt remaining. Bonds Nos. 1 to 100 and 151 to 191 (all inclusive) remain as an obligation of the town of Johnston, and interest
will be paid, when due, by the Union Trust Co. as usual. The bonds given
below are those remaining as an obligation of the town after division.
When Due. Net debt April 1, 1901. ..$111,873
LOANS—
1,821,795
Gkk. Imp. & Road Bonds.— Hold. Tax valuation, real
4s, g., F&A, $50,000g.Feb. 1, 1907 Tax valuation, personal. 526,500
4s, g., F&A, 50,000g.Feb. 1, 1912 Total valuation 1900.... 2,348,295
4s, g., F&A, 41,000g.Feb. 1, 1917 Assessment about % actual value.
Bonded debt Apr.l, 1901. $141,000 Town tax (per $1,000) '00. .$13-00
11,203
Floating debt
29,773 Population in 1895 was
Total debt Apr. 1, 1901.. 170,773 Population in 1890 was
9,778
4,305
Sinkingfund
58,900 Population in 1900 was
INTEREST is payable by the Union Trust Company, Providence

LINCOLN. —Alfred
This town

is

do
do
do
do
do
do
do
do
Weybosset Brdge. In. 1899. c&r
Water loan
...1876 c&r
do
...1886 c&r
do
...1893 c&r
do
...1896. ...r
__ 1897 c*r
do
Re und'g water loan. 1900 c&r
Highway loan
...1894. ...r
do
do
...1897. ...r
do
do
...1900 C&'
Johnston annexat 'n.1899. ...r
.

-

Johnston Bonds

Sherman, Treasurer

E.

School Dlst. No. 15.1894 ...0

do

in Providence County.

LOANS—

Bonded debt May 1,1900.$178,130

8,937
Population in 1900 was
(Ce ntral|Fall detached since 1890.
20,355
Population in 1890 was

NARRAGANSETT
District Treasurer. —
When
LOANS—

Floating debt
$14,000
Total debt Jan. 1, 1901.. 174,000
Town has no water debt.
Tax valuation, real
3,496,865
Tax valuation, personal. 182,800
Total valuation 1900. . . 3,679,665
Total tax (per $1,000) 1900. 7-50

Due.

1929

M&N, $100,000... .May 1, 1919
Interest payable in New York.
Bonded debt Jan. 1, '01.. $160,000
4s,

NEWPORT.

5
\

.

PATRICK

JOHN

8.

Newport is situated in the county

LOANS—

When Due.
Imp. Bonds—
4s, M&N, $153.000. .Mav 15, 1948
3i«6, g., J&J, 50,000..July 25. '15
City Hall

J.

BOYLE, Mayor.

COGGESHALL,

Treasurer.

same name.

of the

Sewer Bonds—

I

&

4s,
4s,

|

When Due.

M&N,$35,000

Nov.

1,

1916

F&A, 98,000
Feb. 1, 191b
Sewer and Street Improvem't.
4s, A&O. $70,000.... Apr. 15, 1921
4s, g., F&A, 50,000.. Aug. 1, 1929

I

3*28, g.,J&J,
4s, g., J&J,

50,000.. July 25, '30
18.000..July 25. "30
Industrial Sch. and Consol.—
4s, M&N, $146,000.. May 15, 1923

Bondeddebt

Jan.1,'01.. $912,000
8inkiugfund
152,864
Park Bonds—
Net debt Jan. 1, 1901.
759,136
4s
$40,000.. Feb. 15, 1927 Assessed valu'n, real. .32,161,900
Public Improvements
Assessed valu'n, pers'l. 7,575,700
4s, M&N, $100,000 g.May 1,1925 Total valuation 1900. .39,737,600
School House—
Assessment about actual value.
4s, M&S, $30,000
Mar. 1, 1905 Tax rate (per $1,000) '00.... 11 -00
4s, J&D, 16,000
190n Population 1900 was
Dec. 1,
22,034
4s, J&J,
16,000
July 15,1909 Population 1890
19,457
4s, J&J,
40,000
Jan. 1. 1928
INTEREST is payable at Newport, except on the industrial School
Loan, which is payable at the Bay State Trust Co.. Boston.
CITY PROPERTY.—The city owns real estate valued by tax assess
.

—

.

ors at $488,022; other property, $183,398.
per cent of valuation.

Limit of indebtedness, 3

I.

LOANS—

This

is

J.

Ogden,

Treas.

in Providence County.

When Due. Assessed

val'tion, real. $1,373,903
Assessed val'tion, per'l.
341,900

,$50,000... .Dec. 15, 1912
1, 1900. $50,000

4s

Bondeddebt May

Total valuation 1900... 1,715,893
53,000
Assessment about actual value.
1, 1900.... 103,000 Total tax (per$l,000) 1900.$10 50
Sinkingfund
9,858 Population in 1890 was .. ..2,084
Net debt May 1, 1900
93,14 2 Population in 1900 was. .. 3,016
Floating debt
Total debt May

PAWTUCKET.
Pawtucket is

\CHA3. F. BURWHAM, Auditor.
iJ. ELLIS WHITE, Treasurer.

in Providence County.

LOANS—

When
General Dbbt Bonds—

Strket Improvement Bonds—

Due.

3»s8,

. .

$ 100.000 g.. Apr.
Apr.

g.

1.

4s, J&J, $600,000 g. July
4s, J&J,
400,000. . . .July
3*38, A&O, 60,000
Apr.
4s, J&J,
125,000 g.. July
4s, M&N, 100,000 g..
.

.

Sewer Bonds—
A&O, $400,000 g..Apr.

A vO,

School Bonds—
3128, A&O. $50 000
Water Bonds—

J&J, $150,000 g..July 1, 1915
J&J, 300,000. .July 1, 1904
($50,000 every 5 yrs)toJuly 1, 1929
4s, A&O, $600,000 g..Apr. 1, 1923
4s, J&J,
300,000 g. .July 1, 1934
4s, J&J,
300,000 g. July 1, 1936
4s, M&N, 175.000 g..May 1, 1937

4s,
4s,

May

1, '39

1939

1910
1919
1930
1,1934
1, 1937
1,
1,
1,

1923 Population 1890 was
27,633
S^s.A&O, 40,000... .Apr.
1930 Population 1900 (Census).. 39,2ol
4s, J&J.
1934
175.000 g. .July
4a, M&N, 225,000 g .May 1, 1937
INTEREST— Coupons are payable at National Bank of Redemption,
4s,

1,
1,
1.

Boston.

TOTAL

DEBT, ETC.—The bonded debt on October 1, 1900, was
$4,100,000; floating debt, $606,871; total debt, $4,706,871; sinking
fund, $515,743; net debt, $4,191,128. Of this amount $964,286 was
for water.
ASSESSED VALUATION In 1900 of real estate was $29,326,820;
personal property, $5,330,100; total, $34,656,920; tax rate per $1,000
for 1900 is $1650. In 1882 the total valuation was $16,267,764.

—

D L D GRANGER.

TDrDr^wiT-^T^KTr^TT
5
l-'irCU V lDE.lNO.tL.
{WALTER L. CLARKE, Treasurer.
The city is situated in Providence County, which has no debt. On
June 1, 1898, a portion of the town of Johnston, representing about
five-sevenths of the assessed valuation, was annexed to the city of
Providence, and the latter was to assume $255,720 64 of the net debt
of the old town of Johnston.

LOANS—

name and PURPOSE.

<

-

-

-

Interest.

Rate Payable.
loan.... 18°l.c&r 4g.
Parkloan
1892. c&r 4g.
do
1897... .r 3i«g.M & N
Public lmprovement.1897 .. r 3»sg.M & N
do
do
1899.... c 3g.
Bchoolloan
1891. c&r 4g.
do
1895... .r 4g.
do
1897. c&r 4g.
do
1899. c&r 3"*g.M & N

Davis estate

Interest.

—

Princi pal.

.

1892 ...0
1892 ...0

M&S
A&O
M&N
A&O
M&N
M&N
3»*g.M & N
J & J
3^g M&S
4g. A&O
J&D
A&O
M&N
M&N
4g. A&O
M&N
M&S
3
A&O
4s
A&O
4s
M&N
4s
4s
F&A
F&A
4s
5g.

4g.
4g.
3g.
4g.
3g.

May

1.

July

1,
1.
1.

Sept,

Apr.

June

1,
1,

Apr.

May
May
Apr.

May
Sept.

» \

1929
270,000
1906 1,500,000
1916
483,000
1923
817,000
1926
200,000
1927
250,000
1930 2,666,000
1924 1,200.000
1927
500,000
1930
300.000
1939
166,000

Oct, 1, 1909,
Oct, 1, 1924,

Nov.
Feb.
Feb.

1,
1,
1,

1927,
1912,
1917,

25,000
30,000
17,000
50,000
59,000

DENOMINATIONS OF BONDS.—The coupon bonds are for $1,000

the registered bonds for $1,000 and multiples of the same. All coupon
bonds are transferable into registered bonds at the option of the holder.
NT E REST on the bonds is payable as follows
Title of Loan
Interest, where payable.
Davis estate loan, due 1909
N. Y., Nat. City Bank, and Prov.
Park loan
N. Y., Nat. City Bank, and Prov.
Public improvement loans
Providence, City Treasurv, and
Y.
Sohool loan, due 1911 and 1927. .N. Y., Nat. City Bank, and Prov.
do
due 1925 and 1929.. Providence, City Treasury.
Sewer bonds
N. Y., Nat. City Bank, and Prov.
Water 5s, due 1906
New York, Nat. City Bank, & Prov.

N

.

do S^s. due 1916
do
do
do 4s&3s,due 1923, '27 and '30
do
do
do 4s, due 1926
Providence, City Treasury.
Highway, due 1924 and 1927
do
do
Highway, 3s, due 1930
N. Y., Nat. City Bank, and Prov.
Johnston school bonds
Industrial Trust Co., Providence.
Johnston town bonds
Union Trust Co., Providence.
Johnston annexation bonds
Providence. City Treasury.
TOTAL DEBT, SINKING FUNDS, ETC.-The subjoined statement
shows the total municipal debt of Providence (including that assumed
by annexing a portion of Johnston), the sinking fund held by the city
against the same, the water debt, and the city's floating debt on the
dates given.

Jan. 1, 1900.
$17,311,000
465,584
646,264

J&J
M&S

M&N
J&J
M&N
A&O

July 1, 1898.
$16,860,000

$17,953,264
3,955,261

$17,930,387
4,104,021

Jan. 1,1901.

Bonded debt (incl. water d't). $16,435,000
Floating debt

Totaldebt
Sink'g funds, etc.

(list

$16,900,584
below) 2,980,486

>

,

Mayor.

Principal,

>

When Due. Outsland'g.
July 1,1909
$75,000
Mar.

1922
1h47
1937
1929
July
1911
May 1,1925
April 1, 1927
May 1, 1929

May
May
May

1,
1,
1,
1.
1,

500,000
674,000
640,000
84,000
300,000
300,000
500,000
350,000

1,070,387

Net debt
$13,920,098
$13,998,003
$13,826,366
Water debt (included above;. $6,010,000
$7,250,000
$7,300,000
The debt of the city of Providence, less the sinking fund and water
debt, is 4-11 per cent of the assessed valuation of the city.
The notes representing the floating debt on Jan. 1, 1901, were all
held by the Commissioners of the Sinking Funds, Dexter Donation
and the trustees of the Public Sohool Teachers' Retirement Fund,
and were issued for and are chargeable to the following accounts

$224,500 00
15,000 00
16,083 92

Sewerage

NORTH PROVIDENCE.—
Box
town
Geneva, R.

do

1.1897 ..-0

.

.

8,

LXXII

Vol.

I

PIER.—Jas.

F. Cross,
in Washington Co.
NarragansettPieris

General Bonds —
4s, JAD, $60,000
Improvement Bonds—

do

1894 ,..0

'•

School Dist. No.
bonds,

Total valuation 1898... 4,148,080
11-0"
Tax rate (perM.) '99

Floating debt
33,449
Total debt May 1. 1900... 211,579
Assessed valuat'n, real .. 3,235,980

do

Town

When Due. Assessed valuat'n.per'l. $912,100

A&O. $125,000

Oct. 15, '28

4s, g.

:

Rate. Payable. When Due.
Outstand'g.
...1891. c&r 4g. J & J July 1, 1921 $1,125,000
Mar. 1, 1922
...1892 c&r 4g.
500,000
500,o00
April 1. 1923
...1893. c&r 4g.
.. 1H95 c&r
Mav 1, 1925
800,000
4g.
...1896. c&r 4g. J & l> June 1, 1926
500,000
...1897. c&r 4g.
April 1, 1927
300.000
O April 1, 1923
...1898. c&r 3H>g.A &
200,000
...1899. c&r 3g.
May 1, 1929
250,000
May 1, 1930
...1900. c&r 3g.
300,000

This

this

:

.

Blackstone Park improvement loan
Casino
Water-works construction
Weybosset Bridge and river walls
School house and lots, loan account
Central Fire Station, etc

90,00000
40,000 00
63,500 00

16/0000

$465,583 92
sinking funds must be invested in bonds or
notes of the city of Providence or in the following classes of bonds,
viz.: United States, any of the New England States, any city in the
State of Rhode Island; Boston, Worcester, Cambridge, Springfield and
Fall River, Mass.; New York, Albany, Rochester, Buffalo, New Haven,
Hartford. Chicago, Detroit, Minneapolis, St. Paul and Baltimore.
The bonds of each of said cities shall be lawful investment of said
sinking fund only so long as its indebtedness, less its water debt and
sinking fund, shall not exceed 7 per cent of its assessed valuation.
The loans for the redemption of which sinking funds are held by the
commissioners, and the amounts of the sinking funds Jan. 1, 1901,
are shown by the following table
Public-improvement loan, due in 1929
$3,884 98
34,48k 19
Public improvement loan due in 1937
Water loan, due in 1906
475,594 91
Water loan, due in 1916
106,613 60
Water loan, due in 1923
59,635 17
Water loan, due in 1926
29,564 47
Water loan, due in 1927
34,954 93
Water loan, due 1930
3.06H 54
36,652 18
Davis estate loan, due in 1909
158.400 87
School loan, due in 191 1
Sohool loan, due in 1925
84,503 20
1 20,731 rO
School loan, due in 1927
44,70183
School loan, due in 1929
Sewer loan, due in 1921
304,618 87
162,659 18
Sewer loan, due in 1922
Sewer loan, due in 1923
126,496 91
Total

SINKING FUNDS.- All

:

Sewer loan, due in 1925
Sewer loan, due in 1926
8ewer loan, due in 1927
sewer loan, due in 1928
Sewer loan, due In 1929
Sewer loan due 1930
Park loan, due in 1922
Parkloan. due in 1947
Highway loan, due in 1924
Highway loan, due in 1927
Highway loan due 1930
WeyDosset Bridge loan, due in 1929
..
Johnston Annexation loan, due 1939
Johnston School District No. 15, loan due In 1909.
Johnston School District No. 15, loan duo in 1924.
oh ston School District No. l.loan due in 1927. ..
Johnston loan due in 1912 and 1917
.1

11

Total sinking funds Jan.

1,

1901

WATER WORKS.—The water works
1,

1901, amounted to $6,902,441

J 8.

207,90168
12*,803 73
70,010 20
25,677 81
10,673 35
6.392 83
158.149 57
23,920 31
365,484 05
125,^25 47
6.892 83
34,158 82
4,640 09
7,717 06
3,746 91
1,845 64
12.S23 28

$2,980,486 06
construction account to Jan
In year 189s»-00 income from

water rents, etc. was $577,587 87; cost of maintenance and Interest
on water loans, $450,230 40; surplus, $127,357 47. The total value of

—

;

city property in
$217,036 50.

1900 was $12,293,912 59, and of trust funds,

ASSESSED VALUATION.—The valuationand tax rate have been as
:"

follows, real estate being assessed at " about two-thirds cash value

Amount
Tax per
Assessed Valuation
Total
$1,000.
of Tax.
Personal
Real
1900 $149,094,840 $43,022,400 $192,117,240 $16-00 $3,073,875 84
16-50 3,110.279 37
188,501,780
1899. 146,701.900 41,799,8-0
1650 2,995,708 98
181,558,120
1898. 142,430,200 39,127,920
16-50 2,871,700 92
38,237,020 174,042,480
1897. 135,805,460
16-50 2,874,836 25
1896. 133,296,200 40,936.300 174,232,500
16-00 2.716,552 96
40,351,000 169,789,060
1895. 129,438,060
1500 2,109,255 90
140,617,060
35,932,620
1890. 104,684,440
13-50
115,921,000
1,564,933 50
27,908,900
1880. 88,012,100
13-50
1,256,538 15
93,076,900
1870. 52,511,800 40,565,100
560
325.538 80
58,131,800
21,042,000
1860. 37,089,800
The tax rate in J.900 included State tax of $1-70 and city tax $14-30.
POPULATION—The population in 1900 (Census) was 175.^97. In
1390 it was 132,146; in 1880 it was 104,856 in 1870 it was 68,904.
.

,

Tears.

;

SOUTH KINGSTOWN.-J. A. Allen. Treas.
Washington
town
This

is

County.

in

LOANS—

Tax valuation, real
$3,033,043
Tax valuation, personal. 2,042,145

When Due

Improvement Bonds—
4s, J &D, $116,000... Dec.

15, 1901 Total valuation 1900... 5,075,188
due yearly) to Dec. 15, 1921 Assessment is 7-10 actual value.
Bond, debt Feb. 21, '01. $116,000 Total tax (per $1,000) 1900. .$900
4,823
Floating debt
14,500 Population in 1890 was
4,972
Total debt Feb. 21, 1901 130,500 Population in 1900 was
The above bonds become due yearly in amounts of $5,000 and $6,000
alternately. On December 15, 1901, $6,000 will be taken up.
INTEREST is payable by the Bhode Island Hospital Trust Company
and at the Town Treasurer's office.

(part

TIVERTON.-Hexrt
This town

Is

LOANS—

4s,

Newport County.
When Due.

in

M&8, $22,000

1.)
1, 1900.. $22,000

Assessed valuation, real.l, 840,979
Assessed valuat'n, pers'l 853,200

WARREN.
town
This

is

C.

Osbobn.

Tot. assessed val ,1900.$2,694,179
Assessment at full value.
Tax rate (per $1,000) 1900.. $800
Population in 1900 was
2.837
Population in 1890 was
2,977

1901-1922

($1,000 annuallv on Sept.

Bonded debt Sept.

Charles W. Greene,

Treasurer.

in Bristol County.

LOANS—

When Due. Assessed val'tion,

Refunding Bonds-

per'l.$l,412,900

Total valuation 19"0... 3.692,900
Assessment abt. 80% actual value.
Tax rate (per $1,000) 1900.. $11-20
Population in 1890 was
4,489
Population in 1900 was
5,108

,$71,000.... 1901-1922
($3,000 yearly on Oct. 1 to 1917,
and $4,000 yearly thereafter.)

4s,g..

Bonded debt Mar. 1, 1901.$71,000
Assessed val'ation,real.$2,280,O00
INTEREST payable at the Massachusetts Loan ATrustCo., Boston.

WESTERLY.—James M.
town
Washington
This

33

CONNECTICUT-fcEBT Of BTATZ.

April, 1901.

Pendleton,

Treas.

County.
When Due. Tax valuation, person'l.$l,087,560
LOANS—
Refunding Bonds—
Total valuation 1900 ...6,597,160
$15-80
4s, g, J&J, $30,000. . . .Jan. 2, 1929 Tax (per $1,000) 1900
Water Loan—
Population in 1900 was
7,541
4s,M&S, $200.000.... Sept. 1, 1927 Population in 1890
6,813
School District No. 1.
3%, g, F&A, $73,OOO..Feb. 1, 1929
Bonded debt Feb. 1,1901. $303,000
Funding Bonds—
Sinking fund
1921
b2,414 413s, M&S, 35,000
Net debt Feb. 1, 1901.... 270.586
Subject to call after 1896
Float'g debt (additional)
30,000 Interest payable in Westerly.
Water debt (included)... 273,000 School tax (per $1,000) 1899.$6'00
Tax valuation, real
5,509,600
INTEREST is payable at the U. S. Mortgage & Trust Co., N.Y. City.
is in

\M LJVJJN OCJO-kV-tL. 1
W nnMQnPK-pTT

.

—

<

GEO. W. GREENE, Mayor.
COOK, Treasurer.

\&. p.

Woonsocket is in Providence County. Aside from the following obligations Woonsocket endorses tirvt mortgage bonds of the Woonsocket
& Pascoag RR. to the amount of $100,000.

When Due.
Refunding Water Bonds—
LOANS—
Funding Bonds —
48. A&0,g., $150,000. Apr. 1. 1919
4s, J&D. $30,000
1901 to 1903 Bond, debt Mar.7, 1901.$1,614,000
400,000
Floating debt
1907 Total debt Mar. 7, 1901. 2,014,000
1924 Sinkingfund
189,342
May 1927 Net debt Mar. 7, 1901. 1,8-24,658
Sewer Bonds
Water debt (included).. 532,000
4s, g, F&A, $50.000 Aug. 15,1921 Assessed val'n, real.
12,969,600
4s, g, F&A, 50,000 Feb. 15, 1921 Assessed val'n, i'ers'n'1. 2,738,900
4s,
F&A, 50,000.Feb. 15, 19^5 Total valuation 1900 15.708,500
4s,
F&A, 50.000.Aug. 15, 1925 Assessment about 23 actual value.
Water Bonds —
Tax rate (per $1,000) 190l.$l.v00
4s, g, M&N, $92,000 Nov. 1, 1916 Population 1890
20,830
4s, g, M&N, 100,000. May 1, 1915 Population 1^95
24,468
4s, g. M&N, 100,000.. May 1, 1915 Population 1900 (Census).. 28,204
4s, g, M&N, 90,000. Nov. 1, 1916 Interest payable in Woonsocket.
PAR VALUE OF BONDS.— Bonds are for +1, 000 each.
CITY PROPERTY— The citv owns real estate and personal prop($10,000 yearly on Dec.

1.)

4s, F&A, $200,000.... Aug, 1,
4s, g, A&O, $335,000 Apr. 1,
4s, g, M&N, 317,000.
1,

.

j

. .

.

.

.

erty valued at $1,207,000.

LOANS—

-Principal,-

-Interest.-*

Bate Pay'le.
NAME AND PURPOSE.
Ceased.
1865
War loan

&r

3^

J&J
A&O

When Due.

Outstatid'g.

1,1885
1, 1903
Oct. 1,1910

$100

Oct.

495,000
1,636,000
3
PAR VALUE OF BONDS—The bonds are alitor $1,000 or $10,000
INTEREST on all bonds is payable in Hartford, Conn.
TOTAL DEBT, Etc.— The State purchased in Dec, 1S00, in the
open market, $1,000,000 3^ per cent bonds which did not mature
until Jan. 1, 1903. These bonds were canceled, thus accounting for
the great reduction in the State's debt since our last report.

renewal 1882
do 1885

do
do

c

Jan.

Feb. 1, 1901. Oct. 1, 1900. Oct. 1, 1899. Oct. 1, 1898.

Total funded debt
Civil list

$2,131,100
1,147, "57

funds

$3,140,100
,031,227

$3,240,100
t>82,884

>

$3,240,100
463,891

Net debt

$983,343 $2,108,873 $2,557,216 $2,776,209
value formerly about 50 per
cent of actual value; now believed to be higher.
Tax valuation.
Years.
Tax valuation. Tears.
$441,001,581
1899
$570,163,749 1894
1898
552,887.762 1893
416,323,252
381,261,607
1897
534,465,257 1892
1896
529.621,165 1888
354,557,515
1895
452,863,714
DEBT LIMITATION.—The Constitution of Connecticut contains but
a single provision restricting the debt-making power. The provision is
Article 25, adopted as an amendment in 1877, and is as follows
No County, City, Town, Borough or other Municipality, shall ever

ASSESSED VALUATION.—Assessed

:

subscribe to the capital stock of any railroad corporation, or become the
purchaser of the bonds, or make donation to, or loan its credit in aid of,
any such corporation but nothing herein contained shall affect the
validity of any bonds or debts incurred under existing laws, nor be construed to prohibit the General Assembly from authorizing any Town
or City to protect by additional appropiations of money or credit any
railroad debt contracted prior to the adootion of this amendment.
The foregoing is explicit and comprehensive, covering every municipality. There are no general restrictions in the Revised Statutes;
whatever restrictions have been made from time to time are contained
;

In

enabling acts and in city charters.

As to towns, we notice that there is a general law granting them unlimited power to issue bonds. According to section 140, chapter 23 of
the Revised Statutes, " when any town shall have made appropriations
"or incurred debts, or shall hereafter make appropriations or incur
" debts exceeding ten thousand dollars, it may issue bonds, either regis" tered or with coupons attached, or other obligations, payable at such
" times and at such annual rate of interest not exceeding 6 per cent,
" payable annually or semi-annually, as it shall determine," &c. Cities
have had no such general authority conferred upon them.
Exemption from Taxation nas been accorded by general statute to
certain bonds issued by cities and towns to aid in the construction of
railroads; and this exemption has been extended to new bonds issued
for the purpose of redeeming or providing a fund to redeem the railroad
aid bonds above referred to. This exemption is found in Section 3,820
Chapter 241 of the Revised Statutes (last clause of Section), and the
bonds there named are those "issued by any town or city in aid of the
" construction of the railroads of the Connecticut Western Railroad
" Company, the New Haven Middletown & Willimantic Railroad Com" pany, the Shepaug Valley Railroad Company, the Connecticut Valley
" Railroad Co.. the Connecticut Central Railroad Company, or either of
"them." All railroads which are in whole or in part in the State are
taxed by the State under Section 3920, Chapter 244 of the Revised
Statutes, so that the tax on these bonds is paid by the railroads.
Exemption from tax of new bonds issued to redeem or to provide a fund
to redeem the railroad aid bonds, or to redeem or to provide a fund to
redeem any reissue of the same, is conferred fully by an act approved
June 19, 1889, and found in the "Public Acts" for that year.
Population has been as follows:
POPULATION OF

STATE—

908,355
746,258
622,700
537,454

1900
1 890
1880
1870

1860
1850
1840

460,147
370,792
309,978

I

|

1

1830
1820
1810

297,675
275,148
261,942

|

SAVINGS BANKS INVESTMENTS-PRIVILEGES AND RESTRICTIONS.—At the session in 1899 material changes were made in
the provisions regulating the investment of the deposits of the savings
banks of Connecticut. We give below the law as thus amend"
The Act of 1899 is entitled "An Act concerning Invested.
ments of Savings Banks", and is as follows. The separation into paragraphs and the figures in brackets which number and begin the paragraphs we have inserted so that those who need to refer to or use any
particular portion of the section can more readily find the part deotherwise we give the section as it reads and was passed.
sired
[A measure is now— April 8. 1901— before the Legislature enlarging
Should this bill become a
the scope of investments in railroad bonds.
tmc, the fact will be recorded and the measure printed in our wetkly
;

Chronicle.1
Section 1800 of the General Statutes, as amended by chapter
CCXXIX of the Public Acts of 1893 and by chapter CCXVEI of the
Savings
Public Acts of 1897 is hereby amended to read as follows
hanks may invest—
(1) Notexceeding twenty per centum of their deposits and surplus
in notes secured by the pledge of stocks or bonds as collateral security provided, said stocks or bonds shall have paid dividends or
interest of not less than three per centum per annum during th>' two
years next preceding that in which the respective loan is made; or
by the pledge of any stocks, bonds, or other obligations which, under
the provisions of this act, can be purchased by savings banks; and
may invest not exceeding twenty per centum of their deposits and
surplus in notes, each of which shall be the joint and several obliga:

State of Connecticut.
ITS

DEBT, RESOUECES, Etc
Admitted

as a State

-

-

One

of Original Thirteen

Total area of State (square miles)
State Capital

Governor (term expires Jan.

1903)

4,990

Hartford
-

Secretary of State (term expires Jan. 1903)
Treasurer (term expires Jan. 1903)
State Comptroller

•

-

-

Geo. P. MoLean
Cbas. G R. Vinal
Henry H. Gallup

A. Chamberlain
Legislature meets biennially in odd vears on the Wednesday
following the first Monday in January. There is no limit on
the length of the session.

:

tion of
(2)

two or more

parties, all residents of this State.
of the United States, the District of
of the New England States, or any of the States of New

And may invest in the bonds

Columbia, any
York, New Jersey, Pennsylvania, Delaware, Maryland, Ohio, Kentucky, Michigan, Indiana, Illinois, Iowa, Wisconsin, Minnesota, Missouri, Nebraska, Kansas, California, Colorado, and Oregon;
(3) In the bonds of any citv in the New England States, or in the
State of New York; of Newark. Paterson and Trentou in the State of
NewJersev; of Philadelphia in the State of Pennsylvania; of Cincinnati, Cleveland, Columbus, Dayton, and Toledo in the State of Ohio;
of Louisville in the State of Kentucky; of Detroit in the State of Michigan; of Chicago in the State of Illinois; of Milwaukee in the State of
onsin: of St. Louis in the State of Missouri; of Omaha in the
Stitfi of i^flirjisbn

*

Or in the obligations of any of the counties, towns, cities, boroughs, and school districts in this State,
(5) Or in the capital stock of auv bank or trust company located in
this State, or in the city of New York in the State of New York, or in
(4)

HISTORY OF DEBT.— For a brief history of the Connecticut State
debt see State and Crrr Supplement of April, 1895, page 36. The
condition of Connecticut's debt now is as follows:

Boston in the State of Massachusetts

;

84

m®

ST*T£

OITY

(6) Or in the bonds or any other incorporated city located in any of
the States mentioned in this act, having not less than twenty thousand
inhabitants, as ascertained by the United States or State census, or any
municipal census taken by authority of the State next preceding such
investment; provided, the amount of the bonds of said city, including
the issue in which such investment is made and its proportion (based
on the valuations contained in the assessment for taxation next preceding such investment) of the county anct town debt, after deducting
the amount of its water debt, and the negotiable securities in the sinking funds which are available for payment of its bonds, does not exceed seven per centum of the valuation of property in said city as
assessed for taxation next preceding such investment; provided, always, that the State or city issuing said bonds has not defaulted payment of any of its funded indebtedness or interest thereon within
fifteen years next preceding the purchase of such bonds by the savings
bank; but this act shall not be held to authorize the investment of any
funds in any "special assessment bonds" or " improvement bonds",
so called, which are not direct and primary obligations of the city issuing the same
(7) Or in the bonds of any railroad company organized under the
laws of any of the States mentioned in this Act, and which bonds are
secured by a first mortgage (as the only mortgage seourity) given
by said railroad company upon some portion of the railroad owned
by it, or given by a railroad company (a majority of the capital
stock in which is owned by the railroad company issuing said bonds),
upon some portion of the railroad owned by It but leased or operated
by the railroad company issuing said bonds, and which portion of said
railroad in either case shall be located wholly or in part in one or more
of the States mentioned in this Act, provided the entire railroad of
said company is located wholly within the United States or in the
consolidated bonds of any railroad company incorporated by this
8tate and authorized to issue such bonds to retire the entire funded
debt of said company provided, that in every case the railroad company in the bonds of which an investment is made shall have paid
each year, for a neriod of not less than five years next previous to
such investment, in addition to the interest on its funded indebted
ness, dividends of not less than four per centum per annum upon Its
entire capital stock outstanding; and provided, further, that said
outstanding capital stock at the time of such investment equals or
exceeds in amount one- third of the entire outstanding issue of said
bonds; also in the bonds of the following-named railroad corpora-

SUffiEM£WT.

tions, viz:

Boston & Albany Railroad Company,
Boston & Lowell Railroad Company,
Boston & Maine Railroad Company,
Concord <fe Montreal Railroad Company,
Fitchburg Railroad Company,
Harlem River & Port Chester Railroad Company,

Maine Central Railroad Company,
New England Railroad Company,
New York & New England Kailroad Company,
New York, New Haven & Hartford Railroad Company,
Old Colony Railroad Company,
and in any general or consolidated mortgage bonds issued by any

of

the following-named railroad corporations to retire all of the outstanding prior mortgage bonds secured upon the property covered by
said general or consolidated mortgage :—

Chicago

& North

Western Railway Company,

Chicago, Burlington & Quinoy Railroad Company,
Chicago, Milwaukee & St. Paul Railway Company,
Ohicago, Rock Island & Pacific Railway Company,
Chicago & Alton Railroad Company,
Cleveland & Pittsburg Railroad Company,

Lake bhore & Michigan Southern Railway Company,
Michigan Central Railroad Company,
Morris & Essex Railroad Company,
New York Central & Hudson River Railroad Company,
Pennsylvania Railroad Company,
St. Paul. Minneapolis & Manitoba Railway Company,
Eastern Railway of Minnesota, Northern Division,
and in the mortgage bonds hitherto issued which the said consolidated
or general mortgage bonds are to retire at maturity provided, that at
no time within five years next preceding the date of such investment
hall such railroad corporation have failed regularly and punctually
;

pay the principal at maturity, (or as extended,) and. interest of all its
mortgage indebtedness, ana in addition thereto regularly and punctually to have paid dividends upon all its outstanding canital stook
during the preceding five years further, that at the date of every
such dividend the outstanding capital stock of such railroad corporation shall have been equal to at least one-third of the total mortgage
indebtedness of such railroad corporation, including all bonds issued
or to be issued under any mortgage securing any bond in which such
investment shall be made, but this Act shall not be held to authorize
any investment in the bonds of any corporatiou operating its railroad
exclusively by any means other than steam as a motive power, or in
the bonds of any street railroad company.
(8) All other investments shall consist of deposits in incorporated
banks or trust companies located in this State or in the States of New
York, Massachusetts, or Rhode Island.
(9) Or of loans secured by mortgage on unincumbered real estate
eituated in this State, worth double the amouut of the loan secured
thereon, provided that any savings bank in the towns of Putnam.
Brooklyn and Eillingly may loan on land located in the County of
Providence in the State of Rhode Island; any savings bank in the
town of Ridgefleld may loan on land located in the County of Westchester in the State of New York any savings bank in the town of
Enfield or in the town of Stafford may loan on land located in the
County of Hampden in the State of Massachusetts; and any savings
bank in the town of Stonington may loan on laud located in the
County of Washington in the State of Rhode Island.
It would seem according to the foregoing amendment of section
1800 that only forty per cent of the deposits and surplus of any
savings bank may be employed on personal security, but that no limit
Is placed upon the amount which may be invested In the other securities mentioned in the section.
The subjoined sections, 1803, 1804, 1805 and 1806, provide certain
restrictions with reference to loans— section 1 803 restricting loans on
Mortgage Security to Manufacturing Corporations and Ecclesiastical
Societies; section 1804 restricting amount of loans to one party on
personal security; section 1805 forbidding loans on single names.
to

LXXII

Besides the ordinary safeguards which are in all ^savings bank laws
there is one of no little importance that ought to aid materially in pre*
renting incautious loans. We refer to Jthejpro vision below.
Sec. 1806.— When any loan or investment is made by any savings
bank, the names of the directors or trustees consenting thereto shall be
entered upon the records of said bank, and said record shall be at all
times open to the inspection of the corporators and auditors of said
bank and the Bank Commissioners, and be prima facie evidence of the
truth of the statements therein contained.
TRUST FUNDS—
LOANED OR INVESTED—We find in
Seotion 495 of the General Statutes the following liberal provisionsproviding that trust funds may be loaned or [invested in the same
securities savings banks are authorized to invest in.
Sec. 495.—Trust funds, unless it is otherwise provided in the instru*
ment creating the trust, may be loaned on the security of mortgages on
unencumbered real estate in this State, double in value the amount
loaned, or may be invested in such mortgages or in the bonds or loans
of this State, or of any town, city, or borough of this State, or in any
bonds, stocks, or other securities which the savings banks in this State
are or may be authorized by law to invest in, or may be deposited in
savings banks incorporated by this State.

HOW

Counties and Towns

Cities,

IN

THE

STATE OF CONNECTICUT

;

;

Vol.

Note. —For debts of minor civil divisions not found among the statements given below, see "Additional Statements" at the end of this State.
The relation which the towns, cities and boroughs of this State bear
to one another is peculiar, and requires a word of explanation. The
State is divided into eight counties, and these counties are made up of
towns, numbering in the aggregate 167. The towns are the civil unit,
and on the assessed valuation (which is called the " Grand List of each
town ") is levied the tax for State purposes as well as the tax for town
expenditures. Within the town is often situated a city or a borough, or
both, all of which may at the same time have bonds outstanding. Thereare ten cities, each with one exception bearing the same name as the
town in which it lies. Of late several towns and cities whose limits
were about identical have been consolidated and the outstanding
bonds of both town and city are reported together without distinction.
This is the case with the city and town of Hartford, which previous to
April, 1896, reported their debts separately. The city and town of
New London have been consolidated and also Bridgeport city and
town. On December 7, 1897, city, town and school district of New
Haven were likewise consolidated.
The borough stands in about the same relation to the town as does
the city. The grand li6t as determined for the town is used by both the
city and the borough in levying taxes, the city, for instance, putting a
tax of its own on its share of the total grand list of the town. This tax
In some instances the schools are in the
Is additional to the town tax.
charge of school districts, which also are empowered to issue bonds
and to levy a tax, so that to cover the total tax paid by a city it is
necessary to take into account the State, town, city and school district
levies. In the statements which follow we give under one heading the
town and city, wherever they bear the same name, for though distinct
corporations, their debts are to a greater or less extent the debts of a
single community.
AGGREGATE MUNICIPAL INDEBTEDNESS.
The total indebtedness of all the towns, cities, boroughs and counties in the State was in 1900 $27,624 827 42. In the following table
we show the funded indebtedness, the floating debt and the total in
debtedness of all the civil divisions of the State at quadrennial
periods:

Funded
1900
1896
1S92
1888
1884
1880
1877

Floating debt.
5,005,323 09

debt.

22,142.993 58

19,749,66708
16.023,832 46
15,569,1-18 67
14.655,903 75
15,388,37569
.14 437,742 93

4 884 980 56
4,473 57136
3,759.642 * 6
2,980.386 15
1,967,623 60
2.713.584 35

Total debt.

27,624.827
24.581,066
20,627,058
19,392.804
17,636.289
17,355,999
17,151,327

42
55
48

89
91
29
28

;

;

Sec. 1803. No loan shall be made by any savings bank to any corporation or association or ecclesiastical society, secured by mortgage
upon their property, unless the same shall be accompanied by the
Individual guarantee of some responsible party or parties, or by other
collateral security of equal value to the amount of the sum loaned,
and the directors or trustees of any such bank consenting to any loan
contrary to tht< provisions of this section shall be held individually
responsible to the full extent of such loan.
Skc. 1804. No savings bank having more than twenty-five thousand
dollars deposits shall loan on personal security to any one person,
company, or interest, more than three per cent of its deposits at the
time of making such loan.
Sec. 1805. No savings bank shall buy, or lend any money upon, any
obligation on w Inch only one person or Ann shall be holdcn, without
taking additional security for the same equivalent to the guaranty or
indorsement of tiome other responsible party.

LOCKWOOD HOTCHKI8S,
a tvtc/^TVTT A
AJNoUJNIA. — ?FRED M. DREW, Treasurer.Jr., Mayor.
)

Ansonia is in New Haven County. By an act of the Connecticut
Legislature of 1893 the borough, town and tire district of this name
v*
huh
were consolidated to form the present city.
When Due. Demandnotes
$5,500
LOANS—
Bonds—
Town of Ansonia
Total debt Oct. 15, 1900... 330,500
4s,g.,J&J,$100,000,g.Jan. 1, 1912 Tax valuation 1899
8,048,827
after. Jan. 1, 1902
Assessment about actual value.
Subject to call
Ansonia Bonds—
(per $1,000) 1900 .$11-70Tax rate
City of
4s, g.,

M&N, $150,000,g.May 1, '15

Population in 1890 was

Borodgh of Ansonia Bonds— Population
1908
3^)8, A&O, $75.000

BETHEL.— William H
County.
town
This

in

1900 was

10,342
12,681

Judson, Treasurer.

is in Fairfield

LOANS—

When Due. Total debt Oct.

1, 1900..
$61,792
Total valuation 1899 ....1,295,859
1901-1908 Assessment about 3t actual value.
4s, M&N, $16,000
Tax rate (per $1,000) 1900). $15-00($2,000 yearly on May 1 .)
Oct. 1, 1919 Populatiou in 1890 was
4s, A&O, $30,000
3,401
Bonded debt Oct. 1, 1900. .$4«,000 Population iu 1900 was
3.327
18.792
Floating debt
INTEREST payable at the Importers' & Traders' Nat.JBank, N. Y.

Funding Bonds—

BETHEL.— H.
This borougb

Woodman,

II.
in Fairfield County.

is

^

Treasurer.

LOANS—

When Due. Floating debt
$8,500
Water- Works Bonds—
Total debt Feb. 1,1901..
40,500
Sept. 1, 1903 Tax valuation lyOO
6s, MAS, $8,000
1,038,782
Sept. 1. 1908 Estimated actual value. 2,000,000
MAS, 9,000
Water Bonds, 1895—
Borough tax rate (per $l,000)$5-00
1915, '20, '25 Population in 1890 was
4s, A&O, 15,000
2,335
6s,

($5,000 due each year on Oct.

Bonded debt Feb.

INTEREST

is

1, '01..

1.)

$32,000

Population in 1900 was

payable at the Importers' & Traders' Nat. Bank,

2,561

N

BRIDGEPORT.— Bernard Keating, Auditor.
of
County. In 1889-90 the town and

city
This city is in Fairfield
tod
Bridgeport were consolidated, the city assuming the town's debt.
Court Hoose (Town Bonds)—*i
When Due.
LOANS—
4»«b, J&J, $150,000... July 1,1910City & Funding Bonds—
July 1 , 1 908 (Subject to call after Jul/ 1, 1900.)
5s, J * J, $150,000
3 >4S, J&J, 125,000
July 1, 1915 4»ss, J&J, $160,000.. June 1, 1918
July 1,1919 (Subject to call after June 1. 1908>
4s, J&J, 400,000
Refunding Bonds—
1921
4s, J«J. 280.000
1924 3>«8, J&J, $150,000 ...1901-19254s, J&J, 220,000
3i«B,J&J, 90,000.July.l,'01 to'09 Bonded debt Oot. 1,1900$1,653,00C-

J
April,

$14,500 Assessment about actual value.
1900 1,667,500 Tax rate (per $1,000) 1900 $11-70
2,148,43*
Sinkingfund
3 7,593 Valui- city property
Population 1890
48,866
Net debt Oot. 1 1900
1 ,299.907
Assessed valuat'n 1900.61,638,185 Population 1900 (Census).. 70,996
Floating debt
Total debt Oct.

.

.

1,

,

.

BRISTOL.— Carlton
This town

is

B. Ives, Treasurer.

situated in Hartford County.

LOANS—

When Due. Floating debt

Funding Bonds—
4a, J&J,
4s, J&.T,

$12,000
14.000

High School Bonds—

Jan. 1, 1906
J&J, $16,000
X$8,000each5thyr) to Jan. 1,1911
Interest paid at Bristol Nat. Bk.
Bonded debt Sept. 1, '00.$150,000
4s,

CHATHAM.—A.
town
This

is

LOANS—

Wlien Due.

j

I

J&J, $40,000. .Jan. 1, 1911
4s,
375s, J&D, 35,000.. June 1, 1910
3-65s, J&D, 37,000. Junel, 1909

Bonded debt Oct.1,1900 .$112,000

I

|

i

Tax

valuation, personal.. $224,372
Total valuation 1899
760,704
Assessm't from >s to % act. value.
Tax rate (per $1,000) 1900.. $2500
Population in 1890 was
1,949
Population in 1900 was
2,271

536,332

valuation, real.

OPTIONAL.—Ten thousand dollars of the 4 per cent bonds are
subject to call after 10 years and $10,000 after 1 5 years
TAX FREE. All of the town's bonds are exempt from taxation.
INTEREST payable at Central National Bank, Middletown, Conn.

—

Buell,
COLCHESTER.— H. P.County.
town
New London
This

is

When Due. Tax valuation 1899
..Mav,1901,to

$34,000

May, 1934

due yearly)

($1 ,000

Treasurer.

situated in

LOANS—

M&N,

4e,

Town bonds and

notes

Floating debt
Total debt Sept.

1,

$57,000
4,848
1900... 61,848

HA IN DUni —
U A KT-DTTTP V
.

$
"j

....$1,645,119
actual value.
Tax rate (per $1,000) 1900. $18*00
Population in 1890 was
2,988
Population in 1900 was
l,9al

Assessment about

23

CHARLES KERR, Mayor.
MORRIS MEYERS, reasurer.
I

Danbury is situated in Danbury Town, Fairfield County
When Due.
Water Bonds— (Con.)—
LOANS—
Improvement Bonds—
4b,
J&J, $45,000.... Jan. 1, 1920
4s, J&J, $155,000.... Jan. 1,1920 Bonded debt Feb. 1,1901. $579,000
The City

J&J,

4s,

of

1923

100,000.... July,

Funding Bonds—

M&N. $150,000... 1927 to 1936
($10,000 annuaUy and $50,000
in 1937, on May 1.)

4b.

Water Bonds—

.July 1, 1905
.July 1, 1910
July, 1901
3,000 semi-an. to 1912.)

.{Payable

Floating debt
281,841
Total debt Feb. 1. 1901. 860,841
Water debt (incl. above). 1 74.0O0
Total valuation 190O...1 1,600.000
Assessment is about actual value.
Value of city property
$600,000
Tax rate (per $1,000) 1900.. $650
Population in 1890 was
16.552
Population in 1900 was
16,537
.

4i«8, J&J, 30,000.
4i«8. J&J, 30,000.
4S, J&J,
69,000

. .

. .

INTEREST

on the improvement bonds and on the water bonds of
payable at the National Park Bank, New York; on all other
-bonds at the Importers' & Traders' National Bank, New York.
1920

is

—

ALBERT W. PHILLIPS, Mayor.
\ CHARLES E. CLARK, Treasurer.
This city is situated in New Haven County. By enactment

l-M-TOT-JV
UH,n.D I

of the
Legislature in 1893 the town of Derby, borough of Birmingham, and
the school districts of the town, were consolidated under one form of
government, assuming the name of the " City of Derby." The consolidation took effect on January 1, 1894, and the debts of the town,
fcorough and school districts were assumed by the city.

LOANS—

3^p,

When Due. Bonded debt Jan. 1,1901.$192,000

J&J, $22,O0O.July 1, 1914
to call after July 1, 19C0.)

g.,

(Sub),

Funding Bonds—
A&O, $60,000.. Oct. 1,1908

4b,
4b, £.,

J&J, 102,0OOg.July

1,

1914

Improvement Bonds—

10,000 July 1,1906
Subject to call since July 1,1897.

4b,

Floating debt
8,956
2< 0,956
Total debt
8inkinj fund and cash....
40,114
Net debt Jan. 1, 1901
160,842

payable at Derby.
Tax valuation luOO
$5,151,534
Assessment same as actual value.
City tax (per $1,000) 1901... $8 -50
Population in 1900 was
7,930
Population in 1890 was
5,969
Interest

EAST HADDAM.-M,
This town
Middlesex County.

H.

ia

Watrous, Clerk.

is in

LOANS—

When Due.

Funding Bonds—
3H-8,

$9.900... Jan. 1,1919

3*38,

$34,100.. .Jan. I. 1919
1, 1901. $44,000

Refunding Bonds—

Bonded debt Feb.

Assessed valuation, real. .$668,665
Assessed valuation, per'l. 341,868
Tot al valuation 1 900
1,010,533
Assessment about 23 actual value.
Tax rate (per $1,000) 1900.$15-00
Population in 1890 was
2,599
Population In 1900 was
2,485

EAST HARTFORD.—
This town
Hartford County.
is

0.

Goodwin,

When Due. Funded debt Feb. 1, 1901.$! 17,100
LOANS—
Bridge Bonds—
Floating debt
1.500
A&O, $39,600.... Oct. 1, 1919 Total debt Feb. 1,1901... 118,600
8ubject to call after Oct. 1, 1899 Tax valuation 1900
3,346,471
Bridge and Road Bonds—
Assessment about % actual value.
4s, A&O, $60,000. Apr. 2, 1904-'24 Tax rate (per $1,000) 1900. $1500
Notes—
Population in 1900 was
6,406
-4b
1901-1902 Population in 1890 was
,$8,000
4,455
,

•*«.

,

1903 1904
May 1,1901

4,000
5,500

ENFIELD.—J.
This
town

is

LOANS—

Subject to

May

1,

1904

Nov.l. 1920

call.

Reminding Bonds 3>*8, F&A. $30.000.. Feb.

INTEREST
This town

is

LOANS—

P.

Town Bonds—

4b, ....,$15,000.. July, 1901-1905

4b

40,000
Bonded debt 8ept.
Floating debt

19011916
1,

19O0.$55,0O0
64,150

This

is

Morgan,

R.

Treas.

County.

in

Funding Bonds—

Sinking fund Sept.15,1900 $9,p,76
1903-1928 Assessed valuation 1900.1,747,696
$95,000
($15,000 in 5. 10. 15 & 20 years & Tax rate 'per $1,000) 1900. $1500
3,457
Population 1 890 was
$35,000 in 30 years.)
4,260
Bonded debt Mar. 1,1901. $95,000 Population in 1900 was.
4b,

J&J,

This town is in Fairfield County.
Debt of Town—

Funded

Mead,

.

.

GROTON.— Nelson Morgan,
New London County.
town
This

is

Treasurer.

Debt of Borough—
Total debt Oot. 1, 19O0.. $85,5*7
Borough valuation. '98. .1,781,325
Borough tax rate (p $1,000) .$900
Population in 1900 was
2,420

debt, Oot. 1, '00. $285,000

166,850
Floating debt
451 ,850
Total debt Oct. 1, 1900.
Town valuation 1899. ..8,347,429
Tax rate (per$l,000), 1900 1300
10,131
Population in 1890 was
Population in 1900 was .... 12,172

Clerk.

in

When Due. Total debt

LOANS-

Oot. 1, 1900.. $85,614
Total valuation 1899 ....2,300,000
May 1, 1901 Assessm't from *2 to ^ act'l value.
4s, M&N, $40,000
($5,000 biennially) to May 1, 1915 Total tax (per $1,000) 1900.$1500
5,539
May 1, 1908 Population 1890 was
4s, M&N, $20,000
5,962
Bonded debt Oct. 1, 1900.. $» 0,000 Population in 1900 was
25.614
Floating debt
INTEREST on the 6s is paid by the Mystio River National Bank at
Mystic; on the 4s by the Town Treasurer.

Refunding—

a D-rcrvDn
nAjt-ClrLJr-tLJ.

rr

The town and

—

5

}

ALEXANDER HARBISON, Mayor.
c c STRONG.

city of Hartford

Treasurer.

were consolidated on April

1,

1896

and their debts are no longer reported separately.

LOANS-

-Interest.

—

Rate Payable.
Funding bonds
1893 4g, J & J
Park improvement.. 1896 3 ^.g. J & J
do
1898 3ia,g,J & J
Paving bonds. 1893-1900
J & J
do
1900 3*2,g. J & J
Municipal bonds.... l s 98 3»*,g,J & J
Police department. .1898 3»a.g, J & J
Consolidated bonds*.1889 3
Refunding bonds.... 1897 3*2g, J & J
do
do
....1897 3*2g,
& N

name AND PURPOSE.

3^,

J&J
M
Improvementbonds.1897 3^, J&J
Water
1893 4g. J&J
*

-Principal.Outstand'g.

When Due.
July

Jan
Jan.
Jan.
Jan.
Jan.
Jan.

July
Jan.

May
Jan.

July

&

1918
1926
1926
1938
1930
1938
1923
1909
1922
1922
1922
1918
1918

1,
li
1,
1.
1,
1.

1.
1,

1,
1,
1,
1,
1,

$290,000
150,000
150,000
200,000
20,000
200,000
75,000
750,000
800.000
270,000
250,000
475.000
200,000

July
J
(Reservoir)... 1893 4g
J
(Subject to caU after July 1, 1908.)

Non-taxable.

INTEREST

on

all of

TOTAL DEBT,

the city bonds

Etc.—

OcM.1900.

Total bonded debt
Floating debt

$3.8-0,000
213,228

Total debt
Sinking fund
Water debt (included)

$4,043,228
4->3,520

675,000

is

payable at the city treasury

Apr. 1,1899.
$3,960,000
282,211

Apr. 1.1900.
$3,878,000
233,405

$4,242,211
380,326
925,000

$4,111,405
450,012
723,000

WATER DEPARTMENT

Is self sustaining, raising from water
rents $30,000 to $40,000 each year above interest on its bonds and aU

ordinary expenses.

ASSESSED VALUATION AND TAX RATEReal Estate.
$48,300,035
46.265.i30
44,064,148
39,471,428
36,808.488
30,596,238
30,171,885
27,847,349

Years.

1899
1898
1897
1896
1895
1890
1889
1388

'

Personal Property.
$20,542,392
17,594,593
17,267,100
16,163,055
16,403,193
16,629,086
16,048,479
19,500,122

Tax Rate.

Total.

$68,842,427
63,859,723
61,331,248
55,634,483
53,211,681
47.225,324
46,220,364
47,347,471

*$17-50
*17*50
*17'00

*1700
17-00
20-50
20-50
20-50

School tax (average $3 per $1,000) additional.
1900 the population (Census) was 79,850; in
1890 it was 53,230; in 1880 it was 42.553.
*

POPULATION.— In

Hartford "First School District."

— George C.

Chairman of Commissioners.
When Due.
LOANS—

Bailey,

$100,000.... May 1,1927

4s,

(Subject to call after

May 1,

1907)

Hartford "Arsenal School District."— G. E.
Burt, Treasurer.

When Due. Bonded debt Mar

LOANS-

4s,

I

J&D, $70,000

3>a8,

Bonded debt Feb.

June

1,

1917

|

1. 1901.$70.000
Assessed valuat'n 1900 $3 ,000.000

P. Taylor,

Treasurer

1901. .$75,000
Ass'd valuation 1900.. .$3,025,438
2 B actual value.
Assessment about
Tax rate (per $1,000) 1900.. 1500
7,199
Population 1890 was
6,755
Population 1880 was
Population 1900 was
6,699

When Due.
$126,000.. July 31, 1912

I

I

Bond, debt Mar.
Floating debt

I,

1901..$12<»,000

108.000

1.

Sherwood, Treasurer

HUNTINGTON.—J.
This town
County.
Is

in Fairfield

LOANS—

When Due.
July 1. 1917
Bonded debt Oct. 1, 19u0. $75,000
Floating debt
16,662
Total debt Oot. 1, 1900.
91,662
48,

J&J, $75,000

KILLINGLY.— F. T.

in Fairfield Countv.

W hen Due.

GLASTONBURY.— 0.
Hartford
town

LOANS—

IS, 1926
payable at the ThompsonvlUe Trust Co

FAIRFIELD.— F.

,

Hartford * West Middle School District."—

K. Bissland, Treasurer.

When Due.

County seats are Bridgeport and Danbury
When Due. Bond, debt Mar. 1 1901. $95,000
Tax valuation 1900 ..133,006,407
County bonds—
Assessment about actual value.
1913
,$45,000
4s,
1903 Population in 1890 was.... 150,081
8ubject to call
Population in 1900 was.... 184,203
Jail Bonds—
3 >as, J&J, $50,000.... July 1,1909
Subject to call after July 1, 1899

James

in Hartford County.

Town Bonds—
4b, M&N, $20,000
4b, M&N, 25,000

\

LOANS—

Clerk.

in

3-6s,

4s...

JOHN H. LEIGHT. Treasurer.
HENRY LEE. Secretary County

5

Commissioners.

do

5

Sewer Bonds—

FAIRFIELD CO.

GREENWICH.— James R.

H. Conklin, Auditor.

in Middlesex County.

Railroad Aid Bonds—

Tax

. . .

.

100,000.... July 1,1927

4s, J&J,

$95,951

Total debt Sept. 1, 1900. 245,951
Sinking funds
45,882
200,069
Net debt Sept. 1 1900
Tax valuation 1900
5,840,699
Assessment is *« actual value.
Town tax (per $1,000) '00.. $1000
Population in 1890 was
7,382
Population in 1900 was
9,643

Jan. 2,1903
Jan. 2, 1908

35

MID TOWNS.

CONN£CT1CUT---C1T1£0

1901.

>

>

Total debt Sept. 1, 1900. $119,150
3.264,712
Tax valuation 189»
Tax rate (per $1,000) 1900. 11-0O
3,8t 8
Population 1 890 was
Population 19o0 was
4,489
.

This town

is

LOANS"

iu

Tomlinson, Treasurer.
(P. O. Shelton.)

Assessed valuation '99.$4,1 12,611
Tax rate (per M.) '00 (town). $7-00
4.006
Population in 1890 was
Population Iu Is 00 was
5,572

Preston, Treasurer

Windham County
When Due. Total debt Deo.

1.

1900 ..$150,000

Tax valuation 1900
Fundkd Loan 1893—
4s, M&N, $25,000
On demand IU rate (per $1,000)
Population 1890 was
Loan of 19(0 3>a8, J&D, g.. * 125 ,000. Dec. 1. '20 Population 1900 was

2.5.*>7,9i>0

1900. $1500
7,027
6,835

—

2

:

36

STATE Wto CITY SUfflETWEWT,

The funded loan of 1893 is held by the Chelsea Savings Bank, Norwich, Conn. The town pays interest on this loan at the rate of 5 per
cent, the additional 1 per cent being credited to a sinking fund.

LITCHFIELD.— G.
Litchfield Village is the

3*28,

county seat of Litchfield County.

When

5

I

city of

CITY OF MERIDEN BONDS.
When Due.
Water Bonds— (Concluded)—
Funding Bonds—
4s, J&J. $50,000. July, 191 to *13

LOANS—

1

J&J, *50,000

1914 Bonded debt Deo.

'00

$435,000
95,"00
Sewer Bonds—
Floating debt
1900.
530,000
Total debt Dec. 1.
4s, M&N, $120.0^ O.May 1 ,'01 to' 1
4s, M&N,
5,000.. ..May 1,1913 Assessed valuat'n 1900.13.814,782
Water Bonds—
Tax rate (per $1,000) 1900..$1000
21,652
M&N, $200.000. Mayl.'Olto'lO Population in 1890 was
4s,
24,296
4s, M&N,
10,000. ..May 1,1911 Population in 1900 was
TOWN OF MERIDEN BONDS.— Eugene A. Hall, Town Treas.
When Due. Bonded debt, Sept. 1,*00. $230,000
LOANS—
Funding Bonds—
Floating debt
62,486
4i«8,M&N,$120,000.May, 1901-'12 Consolidation of schools. 25,100
High School Bonds—
Total debt Sept., 1900.... 317,586
M&N, $70,000..May, 1901-07 Assessed valuat'n *99 $13,720,362
4s,
Tax rate (per $1,000) 1900. $1000
Town Bonds—
25,423
4s,
M&N, $40,000.May,1908-'ll Population in 1890 was
Population in 1900 was... 28,695
INTEREST on the city's water and sewer and funding bonds is
payable at the Importers' & Traders' National Bank, New York.
4s,

July

1,

1,

i

.

MIDDLETOWN. —
Middletown

\

JAMES P.

STOW/Treasurer.

City is situated in the town of Middletown, Middlesex
County. The city and town are distinct corporations, and the debts
of both are given below

CITY OF MIDDLETOWN DEBT.

LOANS—

Funding Debt Bonds—
4s,
4s,
4s,

LOANS—

When Due.

M&N, $25,000
M&N, 25,000

....Nov. 1,

When Due.

1,

1914

4s.

A&O, 25,000

Oct. 1,1914
(Subject to call after Oct. 1, 1904)

. . .

TOWN OF MIDDLETOWN DEBT.— W.
Railroad Bonds—

F&A, $244,000.

J&J,

.

MILFORD.
This town

C.

Howard, Town

Clerk.

Bond, debt Sept. 1, 1900. $744,000
Floating debt
55,000
Assessed valuation '99. .9,854,021
Population in 1890 was
15,205
Population in 1900 was
17.486

.Aug. 1, 1910
160,000. Jan.,'01 to '08
3-65s.J&D,340,t 00. .June 1, 1909
4s,
4s.

Sanford Hawlins,

Treasurer.

New Haven

County.
When Due. Total debt Sept. 20, 1900 $80,945
LO A N S—
Town Bonds—
Assets
18,371
Jan. 1,1898 Net debt Sept. 20. 1900.
5s, $3,000
62,574
Jan. 1,1915 Tax valuation 1900
4s, J&J, $29,900
1,880,976
Jan. 1, 1910 Tax rate (per $1,000) 1900. $15-00
4s, $45,600
payable at Treasurer's office. Population in 1890 was
Int.
3,811
Bonded debt Sept.20,1900.$78,500 Population in 1900 was
3,783
Floating debt
2,445
is

in

.

NAUGATUCK.— George
borough
New Haven
This

T. "Wig more, Treas.

County.
When Due. Bonded debt Feb.l, 1901.$165,000
LOANS—
School Bonds
Floating debt
58,546
4s, MAS, $30,000 ..Sept., 1905-19 Total debt Feb. 1, 1901.. 223,546
Borough Bonds
Tax valuation 1900
6.992,312
Mar. 1, 1907 Tax rate (per $1,000) 1900. $1300
$35,000
4s
Refunding Town Bonds—
Population in 1890 was
6,218
4s, A&O, $100,000... April 1, 1912 Population in 1900 was
10,541
is in

—

—

MF

,

W

IN Ji \A7

RRTTAIN —
rt 1 A IN
J=S

1

1

.

\

SAMUEL BA8SETT,

^

s.

W.

CLARK,

905-29

J&J, $30,000
J&J, 20,000
F&A,200,000

July 17, 1908
3k)8.g., $36,000 ... Oct.,
4s,
City Bonds—
... Mar. 12, 1909
July 1,1913 4s,
Aug. 1, 1918
4s. J&J, $15,000
School Bonds—
Optional after Aug. 1, 1908
Part yearly 4s. F&A. $250,000 ...July I, 1927
4s, J&J, $160,000
Notes, 3^28, 42,000 Aug., 1900-04
Sewer Bonds
July 1, 1913 Bond. debt Apr.l,1900..$l,004,500
4s,
,$15.000
4a, F&A, 100,000.... Aug. 1, 1918 Sinking lunds
56,134
918.366
48, F&A, 100,000 ... Aug. 1, 1925 Net debt Apr. 1, 1900..
(8ubject to call after Auk.1,1910) Assessed valuation, '99. 9,775,054
$23
3>«b, J&J, $150,000... July 1, 1924 Tax rati' (per M), 1899
Population in 1900 (Census) 2.\998
Street bonds—
4r, ..... $50,000
Aug. 1, 1925 Population In ISOO was
16,519
Town of New Britain Debt— August Voigt, Treas
Park bonds, 1904-*24
$75,000 Sinking fund
$15 911
Fundlngbonds.Jan.l, 1911.100,000 Assessed valua., 1900. 10,734*365
School bonds, 1901-'28.. .140,000 Tax rate (per M) 1900
$12-00
do
do 3^s,1914-'29. 50,000 Population, 1890
19,007
Bonded debt, Oct. 1 1 900. 365,000 Population in 1900 was. ...28,202
Floating debt
22,< 00
4s,

—

•<

|

,

.

payable at the U. S Mortgage

NEW HAVEN-

C. T.

&

Tr. Co., N. Y. City.

DRISCOLL, Mavor.

ROWE, Comptroller.
This city is the county seat of New Haven County. By an act of the
General Assembly the city, town and school district of New Haven
were consolidated December 7, 1897, under one government, and the
city assumes the assets and liabilities of the other two governments.
J.

N.

City Bonds.

Paving Bonds—

When Due.

Oct. 1,1914
4s,
40,000
Oct. '15 & '16
313s, A&O, $185.000.. Oct. 1, 1920

4s, $25,000

4s,

$250,000. Oct.1,1901. to Oct.

1,

1916 ($62,500 due every 5 y'rs).
3ks,A&O,200.000Oct.'05-10-15 20
Boulevard Sewerage—
City Sewerage—
3^8, J&D, $175,000.. June, '02-*08 7s, A&O, t$250,00O.. Oct. 1,1901
Fund'g & High School bonds— 4s, A&O, 400,000 Apr. 1, 1910,
3*08. A&O, $480,000. Oct., 1905-24
to Apr.1,1925 ($25,000 due yrly).
Library Bonds*—
4s, J&D, 100,000 ..
.1926 to 1929
4s, J&J, $100,000... Jan. 1,-'10-'19 3»*s, F&A, 60,000. ..Feb. 1, '01-'04
Town of New Haven Debt.
Air Line RR. bonds.... 1889 3^ J & J
July 1, 1910
$500,000
($25,000 due yearly) to July 1, 1929
East Haven, ref
1887 4
1907
60,000
Funding
July 1, 1909
3^ J & J
200,000
Subject to call after July 1, 1899
Park bonds
1940
1890 3^ J & J
100,000
Subject to call 1910
do do
4
100,000
....
Quinipiac bridge
4
1902
25,000

M&N

M&N

Subject to

War loa n
Exempt from taxation,

call.

7,000

6

*

Payment is provided for by sinking fund.
For School District Debt see separate statement further below.
New Haven City School District
When Due. 4s, M&N, $70,000
1921-1924
LOANS—
1909-1920 4s, F&A. 75,000
1925-1928
4s, F&A, $230,000
1929-1934
4s, M&N, 125,000
($20,000 yearly on Aug. 1.)
PAR VALUE OF BONDS.—The bonds are all for $1,000 each
xcept the town war bonds, part of which are for $200 and $500.
INTEREST on all issues is paid at the City Treasury.
t

TOTAL DEBT, SINKING FUND, Etc1900.
$2,265,000
992,000
500,000

Oct. 1,

Old debt of school district
Total bonded debt.
Floating debt

1899.
$1,415,000
1,003,200
500,000

Oct. 1,

1898,
$1,430,000
1,003,200
500,000

Oct. 1,

100,000

$2,918,200
'461,029

$2,933,200
t396,0^9

$3,857,000
257,383

$3,379,229
216,383

$3,329,229
204,584

$3,599,617

$3,162,846

$3,124,645

.$3,757,000
.

Total debt
Sinking funds

Net debt

* Includes $230,000 floating debt of old school district,
t Includes
$230,000 floating debt of old echool district and $166,029 of the town
ASSESSED VALUATION.— The city's assessed valuation and tax
rate have been approximately as follows, real estate being taken at
"about 51 per cent actual value" until 1900, when the basis of val-

uation was greatly raised:
Rate of Tax
Total
Valuation. per $1,000.
Tears.
$113,531,508
$1350
1900
21-00
66,041,453
1899
18 00
62,159,080
1S-98
24-00
57,683,452
1897
22-50
56,000,000
1896
The Grand List does not include

Rate of Tax
per $1,000.
$21-00
$53,800,000
2100
54,500,000
19-50
51,995,329
19-50
52,171,131
Total

Tears.

1895
1893
1891

1890

Valuation.

property estimated as follows on
October 1,1900:
$6,500,000
Yale College, estimated at
1,500,517
School-houses, estimated with contents and land
2,150,000
Churches and institutions
850,000
State, county, town and city public property
2,800,000
Railroad property and other lawful exemptions
Total
$13,800,517
POPULATION.— In 1900 (Census) was 108,027; in 1890 it was 81,298; in 1880 it was 62,882.

NEW HAVEN CO.—Hiram jACOBs,Treasurer.
New
County seat

Haven.

is

LOANS—

When Due.
3is8,g.,M&N,$140,000,g.Nov.l,'15
Optional at 2 per cent premium.

Bond, debt Mar.

1901. $140,000
.168,493,067
Population in 1890 was. ..209,058
Population in 1900 was... 269,163

W

xtth-it;

IN ta

1,

Tax valuation 1900

Mayor.

Treasurer.

The city of New Britain is situated in Hartford County, The town
and city have separate debts, as shown below.
City of New Britain Debt:
When Due.
When Due.
LOANS—
LOANSW ITER Bonds—
Subway BOND8—
1

is

Water £Sonds—
Bonded debt of city
1909 4s, M&N, $20,000.... May 1,1908 Old debt of town

F&A, 18,0O0..Feb.,'01to'09
3658.J&J, 55,000.... July 1,1915
48.J&J, 200,000... July 1,1922
Municipal Building—
Bonded debt Jan.1,1901. $520,000
4 s, M&N, $36,000 ...May 1,1915 Floating debt
69,760
(Subject to call after May 1, 1905) Total debt Jan. 1, 1901.. 589,760
Sewer Bonds—
Water debt (inolud ed)
293 .000
6s, J&D, $53,000.... Deo. 1,1901 Water sinking fund
34,306
4s, M&8.
28,0O0.Mar.l,'04to'17 Assessed valuation *99..6.42«,790
4s, M&N, 35.000. ...May 1,1915 City tax rate (per M.) 1900.. $9-00
(Subject to call after May 1, 1905) Population in 1890 was
9,013
Population in 1900 was
9,589
Nov.

M&S. $100,000 Sept.15,1929

Bridge Bonds—

Meriden are situated in New Haven County.
During the year 1896 the town of Meriden voted to consolidate the
schools and assume the debt of all the school districts, amounting to
$61,010 45. [$120,000 town bonds advertised for sale Apr. 16].

The town and

valuation 1899.. $1,982,939
*5 actual value.
Total tax (per $1,000) 190O.$10-00
Population in 1 890 was
2 ,701
Population in 1900 was
i,968

Assessment about

New Haven

EDWARD E. WEST, Mayor.
HERMAN HESS, City Clerk.

Bliss, Treas.

When Due. Total

Bonded debt,<Mar.l, 1901. $100.00'
Tax valuation, real
1,774,718
Tax valuation, personal. 208,221

INTEREST

LXXII

in Fairfield County.

>

Due.

1

MERIDEN,

Canaan is

LOANS-

Floating debt, 4^ & 5s.. $12,400
92,400
Total debt Fen. 10, 1901
Railroad Bonds—
2,312,934
Ondeman Tax valuation, real
4s, J&D, $20,000
June 1, 1901 Tax valuation, personal. 484,791
4s, J&D, 20,000
June 1, 1906 Total valuation 1900.... 2,797,725
6s, J&D, 20,000
Junel,1911 Assessment about actual value.
6s, J&D, 20,000
Interest is payable in Litchfield. Total tax (per $1,000) 1900..$ll-00
.1,058
Population iu 1890 was
Bonds are all tax free.
1,120
Population iu 1^00 was
Bonds are all subject to call five years before date of maturity.

LOANS-

NEW CANAAN.— Francis M.
New
FUNDING Bonds—

M. Woodruff. Treasurer.

Vol.

w WILSON DART,
UL^IN CAREY CONGDON, Mayor.
Treasurer.

t r^TSJ"r-»r"M\.T
J_.LJ.LN

5

-

\

The town and city (located in county of same name) are under one
government aud the following statement includes both.

Sewer Bonds— (Con.
When Due.
LOANS3»2S,J&J,$35.000....July 1, 1911
Annexation Bonds —
3*2S, FAA, $11,500. ..Aug. 1, 1919 3i«8.J&J, 20,000... July 1,1919
Water Bonds—
Floating Debt Bonds—
1

7s,

4s,
4s,
4a,
4a.

J&J,
J&J.

Jan.

J&J, $100,000

1,

1905

4s,

J&J, $116,000 July

1,

1919

4s,
J&J, 60,000... July, 1924
Park Bonds—
4a, M&N, $25,000 ..May 1,1923 31.2s, J&J. 225,000. Jan. 1,1920
Bond, debt Mar.l, 1901 $786,500
School Bonds—
.

J&D,

$21,000.. ..July 1,1919
63,000... July 1, 1920

40,000

..

June

M&N, 60,000. .. .May
SEWBE Bonds—

1,
1,

Water debt (included)

401,000
Assessed valuati'n 1!)01.9.873,4j0
Assessment about -a actual value.
..

1924
1925 Tax rate (per $1,000) 1D01.$1500
Population 189«'

13.757

$10,0i 0... July 1,1917 Population 1900 (Census).. 17,548
INTEREST on the bonds is payable at the office of the Treasurer.

4s,

J&J,

NORWALK,

( C. L. GLOVER, Mavor.
.2h. D. PRICE, City Treasurer.
1

(HER]
ERBERT

R.

SMITH, Town Clerk.

The town of Norwalk, in Fairfield County, contains the city of
Norwalk, whose debt is included below. The city of South Norwalk
whose statement is given under its own name is also in this town.

—

Town

Debt, Valuation, Etc.
Total debt Oct. 1, 1900. .$424,000
Tax valuation 1899... $13,788,096
Tax rate (per $1,000) 1900.. $7-00
Population in 1900 was. ...19,932
17,747
Population in 1890 was

When Due.

LOANS-

.

FuNDiNa Bonds—

1919
1921
Bonded debt Oct. 1,1900. $400,000

A&O, $300,000Oct.
Town bonds, 100,000
3>fl8,

1,

24,000
City Debt, Valuation, Etc.
Water BondsWhen Due.

Floating debt

LOANS—

Refunding Funded Debt—

.May

1935
1901.. $500,000
. .

1,

Bond, debt Mar. 1,
Floating debt
Total debt Mar. 1, 1901..
Sinking fund
Net debt Mar. 1,1901....

13,000
513,000
46,640
July 1,1907
4a, J&J,$75,000
466,360
July 1,1908
4s, J&J, 75,000
250,000
Water debt (incl)
Refunding Water Bonds—
5,104,857
3*28, g J&J, $200,000. July 1, '29 Tax valuat'n 1900
Aasessm't about »i o actual value
8ubjectto call after Jan. 1919.
City tax (per $1,000) 1900.. $800
Municipal purposes—
6,125
Population in 1900 was
4s, g., J&J, $50,000, g..May 1, 1935
1935 is
INTEREST on the gold bonds due in payable payable at American
in Norwalk.
Exchange National Bank; other interest
Subject to call after Jan., 1919.

Sewer Bonds—

,

NORWICH— H.
is

in

W\ Tibbits, Treasurer.

New London County. The city and town have separate

governments, keep separate accounts and have separate debts.

LOANS—
ref.,

1883

When Due.

A&O
J&J
J & D
A&O
A&O
J&J
& J

4
7

....

1,1913

Oct.

1905
1925
1907
Apr.
Sinking fund bonds of 1877... 5
1908
Apr.
do 1878... 5
do
1910
Jan.
5
Water fund bonds 1890
1923
Jan.
3*3
J
Refunding water bonds
Town of Norwich Debt Oct. 1, 1900— John C. Averill,
semi-an.
1905
7
Court house bonds
1913
Refunding town debt bonds... 3^8 A & O

Courthouse
Fuadingbonds

3ht

Jan.

June

1,
1,
1,
1,
1,
1.

$125,000
164,000
166,000
160,000
150,000
50,000
150.000
Treasurer
160,000
115,000

PAR.—The city's bonds are all for $1,000 each.
TAX FREE.— All the issues of city bonds are exempt from taxation.
INTEREST on city bonds is paid by city treasurer, and in some cases

in Boston also.

TOTAL DEBT.— For a series of yeais city's debt
May

May

15,'00.

May

$965,000
$965,000
7,562

This included buildings, fire department, etc., as well as
water works, which were held at $800,000. In the year 1899-00 the
regular receipts of the waterworks were $54,00175; expenditures

$1,166,390.

$20,999 76
Personal

Estate.

Tears.

% cash value."

assessed " at

Real

Property.

Oily Tax
per $1000.
$10-00
$13,705,552
Total.

$2,304,202
10-00
13,857,811
2,332,567
1000
13,918,518
2,398,960
1000
13,831,099
2,757,9 SI
13,748,911
1000
2,694,350
10,062,220
1000
1,999,476
10 00
10,068,848
2,087,514
1000
2,023,101
9,881,025
9-50
2,129,351
9,955,810
8-00
2,976,028
10,414,125
The town grand list in 1900 was $13,695,918; tax rate (per $1,000)
1899, $5 00, this being additional to city tax as above given.
POPULATION.—In 1890 population of city was 16,156; in 1900,
17,251. Population of town 1890, 23,048; 1900, 24,63 /.

$11,401,350
11,525,244
11,519,558
11,073,162
11,054,561
8,062,744
7,981,334
7,857,924
7,826.459
7,438,097

1900
1899
1898
1895
1894
1893
1892
1891
1890
1880

-

«rv

A lyT^rj,

—

5

WALTER

A.

in Tolland Connty.

is

MAIN,

.

SIMSBURY.-A, S. Chapman,
County.
This town

is

When Due. Total debt Jan.l, 1901... $26,000
1,594,774
Tax valuation 1900

LOANS—

1901 Assessment about 23 actual value.
190S Total tax (per $1,000) 1900.$1200
4s, J&J. ..$4,000.. July 1,1909 Population 1890 (Census).... 1,874
Bond, debt Jan. 1, 1901... $20,000 Population 1900 (Census) .... 2,094
6,000
Floating debt
T AX F R E E.—AU bonds issued by this town are exempt from taxation,
N T E R EST is payable at the Hartford National Bank.

J & J.. $16,000.. July
($2,000 yearly) to July

4s.

1,
1,

SOUTH1NGTON.-E.
This town

is

$15,000
When Due. Water debt (included)
LOANS—
1907-1927 Total valuation 1900.... 2,641, 512
J&J, $90,000
Assessment 60% actual value.
($30,000 due every 10 years.)
Total debt Jan. 1, 1901.. $90,000 Tax rate (per $1.0001 1900. $1800
13,135 Population 1900 (Census) ..5,890
Sinkingfund.
76,865 Population 1890 (Census) . .5,501
Netdebt Jan. 1,1901...
. . .

4s,

. .

. .

W

DR. C. G. BOHANNAN, Mayor.
dr. h. c. sherer, ch. f. com.
This city is in Norwalk Town, Fairfield County
Water Bonds -(Con.)—
When Due
LOANS—
Apr. 1, 1910
4s, J&J. $12,500
Electric Light Bonds—
Apr. 1,1911
Apr. 1,1928 4s, J&J, 47,500
4s,
.,$20,000
July 1,1925
4s,J&J, 30,000
Library Bonds—
Apr. 1, 1928 Bonded debt July 1,1900.$306,000
$5,000
48,
Floating debt
31,000
Refunding Bonds—
July 1, 1913 Total debt July 1, 1900.. 337,000
4s, J&J, $90,000
Water debt (included)
191,000
(Subject to call 1903.)
Assessed valuation '99.-4,992,00
Water Bonds—
July 1, 1905
Assessment about actual value.
6s, J&J, $40,000
July 1, 1909 City & town tax (per M.)'00.$14-50
4s, J&J, 52,000
July 1,1910 Population in 1900 was. ... 6,591
9,000
4s, J&J,
NTEREST on refunding bonds is payable in South Norwalk and
on water bonds in New York.

AJ_iv.
JNCJJrt
IbO. mad-(H7at Tr
c?/-^w

—

Norwich)

LOANS—

in

Assessment about

J&J, $40,000

Apr. 1,1906

Refunding Bonds—
3-40s,

J&J, $50,000... July

Bonded debt Mar.
I

H. Barnes, Treasurer.

New London County.

When Due. Tax valuation 1900

Town Bonds—
4s,

is

1,

1,

1920

$877,735

H actual

value.
Total tax (per $1,000) 1900.$15-00
Population in 1890 was
2,555
Population iu 1900 was
2,807

1901. $90,000

NTEREST is payable in Norwich, Conn

F>T TT""M A TVT
i-"U 1 IN A1V1.

—

$

L.

H.

Xc. H.

FULLER. Mayor.

BROWN,

This city is in Windham County.
8TBEET IMPT. BONDS—
3«flS, J&J, $30,000. ...July 1. 1929
Bonded debt Jan. 1, 1901. $30,000
Floating debt
15,000

RIDGEFIELD.— H.
This town

is in

Treasurer

Total debt Jan. 1, 1901... $4 5 000
Total valuation 1900.... 2,900.000
City tax (per M.) 1900
6-50
Population in 1900 was
6,667

SPRAGUE.This town

is

in

A. P Cote, Treasurer.
New London County.

LOANS—

When

Net debt Sept. 15, 1900 .$43,678
Town has no water debt.
671,427
6s, Mar., $45,000.... Mar. 27, 1906 Tax valuation 1899
Bonded debt Sept. 1, 1900.$45,000 Assessment about 23 actual value.
19,700 Total tax (per $1,000) 1900. 15-00
Floating debt
1,106
Total debt Sept. 1, 1900. .. 64,700 Population 1890
1,339
8inking funds Sept.15,1899 21,022 Population In 1900 was
NTEREST is payable at Merchants' National Bank, Norwich, Conn.
due.

Fairfield County.

.

Town Bonds—

I

STAMFORD (City).— Wm.
This city

is

N".

Travis, Treas

in Fairfield County.

LOANS—

When Due.

Sewer Bonds—
4s, M&N, $5,000
4s, M&N, 20,000
4s, M&N, 5,000
4s, M&N, 20,000

May
Nov.

Interest payable at Stamford.

Bonded debt Feb., 1901 $210,000
1,
1,

1901
1901

May 1,1906

Nov. 1, 1906
July 1.1914
4s, J&J, 50,000
4s, M&N, 25,000
Nov. 1, 1914
3ia8,g, M&S, 25,000. Mar. 1, 1921

5.S00
215,800
Sinkingfund
23,808
191,992
Net debt Feb. 1, 1901..
Tax valuation 1900
18,000,000
Assessment abt. 75% actual value
Population in 1900 was.... 15,997
Floating debt
Total debt Feb.

1,

1901.

Funding Bo ids—
M&S, $60,000. Mar. 1, 1921
The city's taxrate (per $1,000) in 1900 was $5-40 in one district, $4-20
in another and $2-00 in the third.

STAMFORD (Town). -W. D.
town
This

is

LOANS—

Town Hall, 1890—
High School—
F&A, $75,000.. Aug.
is

1, 1914-24
payable in Stamford.

Funding Bonds—
4s,

F&A,

Tr.

When Due. Bonded debt

$94,000
Oct 1,1910
Schools and Bridges, 1893 —
F&A, $96,000
4s,
Aug. 1, 1923
Interest

Daskam,

in Fairfield County.

$75,000g....Feb.

1,

1927

STONINGTON.-E.

Feb., 1901. $340,000
Floating debt
110,000
Total debt, Feb. 1, 1901. 450,000
Sinking funds
79,788
Net debt Feb. 1, 1901.... 370,212
Tax valuation 1900
13,000,000
Assessment about ^5 actual value.
Town tax (per $1,000) 1900 $12-00
Population in 1890 was
15,700
Population in 1900 was
18,839

B.

Hinckley, Town

Treas.

Stonington is in New London County. The debts of both town and
borough are given below.
When Due. Taxrate (per $1,000) 1900.. .12-50
LOANS—
Town Debt, Etc.
Population in 1900 was
8,540
War Bonds—
Population 1890 was
7,184
4s
$28,000
1902
Borough Debt, Etc.
Bond, debt Feb. 1, 1901. $28,000 Total debt Sept. 1, 1900.. $30,000
Floating debt
592,110
24,000 Tax valuation 1900
Total debt, Feb. 1 1901
52,000 Boro'gh tax (per $1,000)'00.$12-50
Tax valuation 1900
2,278
3,315,038 Population in 1900 was
,

.

STRATFORD.— Henry
town
This

is

C.

Stagg, Clerk

in Fairfield County.

Funding Bonds—

When Due Assessed val't'n 1899.. $1,400,563
J&J, $30,000.... July 1, 1920 Tax rate (per $1,000) 1900. $1500
Bonded debt July 1, 1900.$75,000 Population 1890 was
2,608
Floating debt
31,400 Population in 1900 was
3,657
3>s8,

SUFFIELD.— Wm.
This town

is

in

L. Loomis, Clerk

Hartford County

LOANS-

K. Scott, Clerk.

\

I

4s,

S. Mitchell, Clerk.
County.
When Due. Bonded debt Feb. 1, '01. $275,000
LOANS—
Refunding Bonds—
Tax valuation 1900
1,68 1,719
4s, M&N, $100,000 ...Nov. 1, 1905 Assessment about 23 actual value.
3-658, J&J, 85,000... July 1,1909 Total tax (per M.) 1900
$2000
3ifls, J&J,
90,000. .July 1, 1919 Population in 1890 was
4,687
Interest payable at Town Treas'y.
Population in 1900 was
3,856
TAX FREE.—The bonds of the town are exempt from taxation.
in

(P. O.

5

. . .

PORTLAND.— Robert
Middlesex

This town

G. Lewis, Treasurer

in Hartford County.

4s, A<sO,

PRESTON.— Charles

Treasurer.

in Hartford

Railroad Bonds—

J&J, $100,000 g. Jan. 1, 1916 Town tax (per M.) 1900 ....$10-00
Bond, debt Sept. 15, 1900.$100,000 Population in 1890 was
4,537
Floating debt
78,724 Population in 1880 was
3,341
Total debt Sept. 15, 1900. 178,724 Population in 1900 was
6,995

4s,g,

is

office.

Assessed valuation '00 $6,890,278
Jan. 1,1925 Assessm't in '9* about full value.
4s, J&J, $50,000
Tax rate (per $1,000) 1899. $3000
Optional after Jan. 1, 1S00.
7,772
July 1, 1927 Population iu 1890 was
4s. J&J, $90.000
7,287
Tot. bond, debt Oct. 1, '00. $140,000 Population in 1900 was

Sewer Bonds—

3»28,g,

1st Selectman.

VjrlAiN<~r.tL.
\ JAMES C. HYDE, Treasurer.
This town is in New Haven County.
When Due. Tax valuation 1899
$3,482,952
LOANS—
Assessment is ^ actual value.
Funding Bonds (Gold)—

Portland

Interest payable at Treas'r's

When Due.

LOANS—

Grant, Treasurer.

1

$956,864
$967,892
$957,438
Netdebt
$300,000
$300,000
$300,000
Water debt included above
The sinking fund receives yearly ^ mill on city and town list.
CITY PROPERTY.—The city owned property in 1901 valued at

ASSESSED VALUATION.—Property

HOCKVILLE.-Fraxk

2,626
2,235

.

,

15,'98.

$990,000
22,108

$965,000
8,136

Total

Balance in treasury

has been:

15,'99.

$965,000
25,000

$965,000

Total bonded debt of city
Certificates outstanding

Population in 1900 was.
Population 1890 was

(Subject to call after Aug. 1, 1917.)
Bonded debt Sept. 1, 1900. $60,000

I

Principal.
Outstand'g.

,

,

Rate. Payable.

NAME AND PURPOSE.
City of Norwich Debt.
City debt bonds,

—

Interest.

'

$3,000
When Due. Sinking fund assets
LOANS1.839,012
Tax valuation 1900
Funding Bonds—
3ias,g., F&A, $60,000. Aus. 1, 1929 Total tax (per $1,000) 1900.1000

This City

4s,g.,J&J, $50,000.

3^8, J&J, $50,000... July 1,1929

Norwich

37

CONNECTICUT— CITIES AW* TOWNS,

April, 1901.

Town notes, 413%

$44,515
Townnotes.5%
7,000
Total debt Sept. 11,1900.. 59,424

Assessed valuat'n I900.$2, 149,440

Taxrate (per $1,000) 1900.$12-50
Population 1890
Population 1900 waa

3,169
3,521

88

THOM ASTON. —Frank
town
This

is

Roberts, Treasurer.

County
When Due. Total debt Oot.

SUfftEMCWT.
WINCHESTER.-,].

Tax valuation

J&D, $50,000

Dec.

1,

1904

Interest payable at Treas'r's office
Bonded debt Oct. 1, 1 900. $50,000

I

24,141

Floating debt

I

E.

Spaulding

O

(P.

Winsted), Treas.
1. 1900.
1 899

$74,141

.

1,564,941
Assessment % to ^ actual value
Total tax (per $1,000) 1*> 0.$15-00
3,278
Population in 1890 was
3.300
Population in 1900 was

Town Hall Bonds—

LXX1I

Vol.

CITY

in Litchiield

LOANS—

48,

m®

ST/TO

County and contains Winsted Borough.
$i,017
^A«" Due. Cash iu treasury
—
98,907
Net debt 8ept. 1, 1900
Town Bonds— 1885-1891
4,994,714
4s, M&N, $54,000.... Nov. 1.1902 Tax valuation 1900
Assessment about actual value.
6.000.... Mav 1. 1^01
4s, M&N,
Bonded debt Sept. 1,1900 $60,000 Tax rate (per $1,000) 1UOO.$1000
6,183
Floating debt
43.954 Population in 1890 was
7,763:
Total debt Sept. 1. 1900 ..103,954 Population in 1900 was
This town

is

in Litchfield

LOANS—

. .

i

t/^td r=> TT\T<~ T^-NT
TORKIJNCjt 1 CJJN.

ISAAC W. BROOKS, Treasurer.

— JWM.W.BIERCE,
same name)
5

Tbis town (and the borough of the
D*t-t of Tote 'i.
Town debt Feb. 1, 1901. $108,000
Town valuation 1900
7,094,184
Town tax (per M.) 1903 ...$11-00
Population in 1890 was
6,048
Population in 1900 was
12,453

is

—

B. Skinner,
VERNON.— F. County
Tolland
town

Treasurer.

(P. O. Rockville.)

in

is

County

Debt of Borough,
Borough debt Keb.l, 19 1. $72,600
Borough assessm't 1900.5,925,800
Borough tax (per$l,000) '00. $5-00
8,3«0
Population 1900 (est.)
4,283
Population in 1890 was

.

This

Clerk.
in Litchfield

Railroad bonds are

When Due. Bonded debt Oct.l. 1900.$235.000
47,500
Floating debt
Railroad Bonds 1896—
I

I

1906 Total debt Oct. 1, 1900... 282,500
6,890,298
Tax valuation 1900
3i28, M&N, $125.000. Nov. 1, 1919 Assessment about *a actual value.
(Optional after Nov. 1,1899.) Town tax (per $1,000) 1900. $6-00
8,808
Population in 1890 was
High school, 1892—
8,483
July 1, 1922 Population in 1900 was
...,J&J, $50,000
INTEREST Is payable at the Town Treasurer's office.
July

J&J, $60,000

3s,

1.

|

Memorial Hall, 1889—

WINDHAM
Willimantic

|

I

is

LOANS—

COUNTY.-C.

the County seat.
When Due.

P.

Backus, Tr

Assessed valuat'n '99.$ 19,701,120

Funding Bonds—
3*28, A&O, $15,000..April
3*28, A&O, 20,000. .April

Assessment abt. 60<V actual value.
10, 1902 County tax (per $1,000) '99..$l-0O
>4
Populatlonin 1890 was
45,158
10, 19
46,861
3*28, A&O, 2O,O00..April 10, 1906 Population in l! 00 was
1901.$55,00o
Bonded debt Mar. 1.

D.
WINDSOR LOCKS.—bonds Outerson, Treas
town
J.

This

tax exempt.

LOANS—

I

is

LOANS—

in Hartford County.

When Due. Tax valuation 1900

Town Bonds—

$1,914,148

Assessment about

23 actual value
rate (per $1,000) 190 >. $10-00
Population in 1890 was
2,758

Tax

Jan. 1, 1922

J&J, $35,000
1909 '19 '29
J&J, $30,000
($10,000 due Jan. 1.)
Bonded debt Oct. 1, 1900 $65,000

48,
4s.

are tax free.

All

Population in 19O0wae

3,062

|

|

|

W

JCdAS. N.JONES,

The town and borough of Wallingford Is

Water Bonds—

1927

$30,000

4s,

Boro. Tre-is.
situated in New Haven Co.

BOROUGH DBBT—(0on.)

TO WN DEBT—
Refunding Bonds—

1903-1915
J&J, $175,000
8ewer bonds 4s 1913
$25,000
45,000
Improvement bonds 4s..
45,000
Electric light 3 4ss
Borough bonded debt
350,000
Feb. 1,1901
13,011
Sinkiugfund
AesesM vain Bor.. 1900 3.990,37 <
Tax rate (per$l,000), 1900 23 00
Population in 1890
4,230
Population in 1900 was.
6,737

4s,

3-65s, M&N, $58,000.1901 to 1929
Town debt F--b. 1,1901. $8«,000

Assess'd vain, town, '99.3,962.838
Town tax (per $1,000) 1900. $7-00
Population to wn 1890
6,584
Population town 1900 was. 9,001
.

.

BO HOC OH DEBT.

Funding Bonds —

3^8, M&N, $50,000.. Nov. 15,1929
Electric-Light Bjnds —
3*26, M&N, $10,000... May 1, 1925
INTEREST on the water bonds of Wallingford Borough
at the First National Bank of Wallingford.

is

payable

Wallingford Central School District— W. H.
Newton, Treasurer.
WhenDue. Bonded debt Feb. 1, 1901.. $93,000
LOANS—
1

1904 Assessed valuation 190 (.2,900,000
,$18,000
1927 Assessment *s actual value.
40,000
1901-1919 Tax rate (per $1,000) 1899.. $6-50
3*1,8,...., 35,000
($3,000 due in odd years to 1917.)

4e,
4s,

,

I

I

|

WASHINGTON.-Wm. H. Foulois, Treasurer.
County.
This

town is

in Litchfield

When Due. Total debt Sept. 15, 1900. $37,547
Tax valuation 1900
1,084,443
Railroad Bonds—
1901-1916 Assessment same as actual value.
4s, J&J, 32,000
Tax rate (per $1,000) 1900. $1500
($2,000 due yearly on July 1.)
1,633
Bonded debt Sept.l5,1900.$32,000 Population in 1890 was
5,547 Population iu 1900 was
1,820
Floating debt

LOANS—

I

I

I

I

I

|

INTEREST

payable at Connecticut Savings Bank,

New Haven.

KILDUFF.
WATERBURY.-! EDW. RUSoELL, Mayor.
New Haven

G.
!M. D.
Comptroller.
County.
This city is in
When Due. 4s, J&J. $400.000
Jan. 1, 1919
LOANS—
4s, J&J, 200,000
Funding Bonds—
Jan. 1,1927
Interest is payable in Waterbury.
3 i2B,J&J,$100.000,J'yl,'05to'14
Bond, debt Oct.l, 1900. $1,162,500
City Hall Bonds—
1906 Floating debt (addit'nal). 285,000
7b, J&J, $10,000
Total valuation 1898.. .11, 161,962
Sewer Bonds—
1911
Assessment is i<< actual value.
4b, J&J, $60,000
Total tax (per $1,000) 1900. $2800
Water Bonds—
1905 Population in 1890 was
28,646
4^8, J&J, 35,000
85,000
Jan. 1, 1902 Population 1900 (Census) ..45,859
4a, J&J,
($5,000 due vearly) to Jan. 1, 1918
I

Waterbury, Center School District.
The

district includes all of the city of
control ot the city.

LOANS—

—

.....

When Due. Total debt Mar.
1901-1910

$100,000

.

WEST HARTFORD.— Hentry
— When
town

Treasurer.

This

LOANS—

C.

Whitman,

in Hartford County.

Is

Road Bonds—

Due.

Refunding Bonds—
4e, M&8, $28,000
48, M&S, 30,000

M&S, $45,000

1920
Subject to oall after 1910
Bonded debt Oct. 1,1900. $133,000

4s,

1902
1920
Subject to call after 1910 Tax valuation 1901 ....4,157,454
Assessment is *2 to % actual value.
School and Funding Notes—
1901-1907 Town tax <per$l,000) 1900$1000
$30,000
4s,
Population in 1890 was
($5,000 due yearly.)
1,930
Interest payable in Hartford. Population in 1900 was
3,186
,

I

WILLIAM D. GRANT, Mayor.
ITvA A KITTr^
W1LL1MAIN 1 IO. — }FRED. A. SANDERSON, Treas.

AX7TI

<

T

This city

Is

town of Windham. Windham County
When Due. Floating debt
$35,000

situated in the

LOANS-

|

Munich'al Bonds— (Coupon. )—

Total debt Nov. 1, 1900. 360,000
1925 Water debt (included)... 325,000
1, 1910 Tax valuation 1900
3,794,693
Water Bonus—
Interest payable at City Treasury.
4s, A&O, $50,000
Oct. 1, 1904 Assessment about
actual value.
4s. A&O. 50,000
Oct. 1, 1909 Tax rate (per $1,000) 1899. $1200
4s, A&O, 50,000
Oct. 1,1914 Population in 1890 was
8,648
4s. A&O. 75.000
Oct. 1,1924 Population In 1900 was
8,»37
Bonded debt Nov.l 1900 $325,000

A&O,

$100,000.... Oct.
Optional after Oct.

1,

*•>

,

|

1

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding minor civil divisions
in the State of Connecticut which have an Indebtedness of over
$10,000. and which are not represented among the foregoing detailed
reports. We add the population from the U. S. Census of 1900.
In debt-

Assessed
Valuation.

edness.

Location.

$16,069 $422,066
Avon, Hartford Co
Barkhamsted, Litchfield Co
22,000
322,033
23,670 1,385,315
Berlin, Hartford Co
Bloomtleld (Town).Hartfd Co.. 6-..088
778,630
10.600
165,458
Bolton, Tolland Co

Tax

Popu-

Rate.

latton.

$13-00
20*00
13-00

1,302

864
3,448

1600
1700

Branford. New Haven Co. (Town)
Bristol (Borough) Hartford Co..
Brooklyn (Town), Windham Co.

83,940 2,187,336
79,000 4,023,648
28,000 1,287,643
20,000
465,273
Canaan, Litchfield Co
Canton (Town), Hartford Co.... 22,000 1,658,969
10,900
993,460
Cheshire, New Haven Co
510.610
Chester, Middlesex Co
15,000
19,669
7«6,624
Clinton, Middlesex Co
12,320
643,792
Coventry, Tolland Co
44,218 1,008,958
Cromwell, Middlesex Co
9.991.H75
Danbury (Town), Fairfield Co... 177,973
Danlelson (Boro.), Windhatn Co. 10,639
800,651
28,367 2,572,856
Darien, Fairfield Co
Windham Co
12,185
157,791
Eastford,
12,047
458,847
East Granby, Hartford Co
774,70s
26,700
East Lyme, New London Co
495,596
25,000
Easton. Fairfield Co
57,516 1,358,279
East Windsor, Hartford Co
766,361
Ellington, Tolland Co
19,632
Essex (1'own), Midi lesex Co ... 54,000 1,050,105
Farmington, Hartford Co
46,000 2,017,122
58.030 1,746,375
Griswold, New London Co
Guilford (Town), N. Haven Co.. 10,417 1,341,568
Hamden, New Haven Co
58,550 2,036,162
lbl.000 139543054
Haitford County
11,455
197,252
Hartland, Hartford Co
421.596
Hebron, Tolland Co
42,018
JewettCit\ (Boro). N.London Co. 24,253 1,169,815
15,887
836,651
Lebanon. New London Co
14,201
253,838
Lisbon, New London Co
38,315
329,643
Lyme, New London Co
19,388 1,013,956
Madison, New Haven Co
Manchester, Hartford Co
97,966 5,410,027
31,104
563,645
Mansfield, Tolland Co
Meeting House School District. 50,000 3,00o,000
499,425
Middlebury, New Haven Co
10,634
411.762
*4,808
Middlefleld (T.) Middlesex Co.
Montville (T.). New London Co. 53,169 1,080,362
New Hartford. Litchfield Co.... 49,535 1,109,934
58.500 2.032,405
New Milford, Litchfield Co
Newtown Town), Fairfield Co. 34,000 1,561,5*1
Co
30,000 1,105,595
Norfolk, Litchfield
44,809
729,981
North Canaan, Litchfield Co
9=>5.484
46,623
North Haven, New Haven Co
513,955
No. Stonington, New London Co. 26,982
21,646
518,113
Old Lyme, New London Co
31,400
601,780
Old Savbrook, Middlesex Co
307,146
Oxford (Town), New Haven Co. 14,340
riaintleld (Town), Windham Co. 6S.416 1,962,520
30,000
962,524
Plainville, Hartford Co
979,5*22
Plymouth (Town), Litchfield Co. 16.889
10,270
990,426
Pomfret, •A.indoamCo
Putnam (Town), Windham Co.. 75.000 3,145,476
39,538
575,318
Redding, Fairfield Co
30,950
414,074
Rocky Hill, Hartford Co
27.000
415,588
Roxbury, Litchfield Co
10.000
179,540
Salem. New London Co
21,000 1,920 928
Salisbury, Litchfield Co
30,027
704,727
Saybrook, Middlesex Co
39,00
2,734,671
Seymour, New Haven Co
17,689 1,262,082
Hharon. l.ltf.hfleldCo
5^,824
...
Sheltou (Boro.), Fairfield Co
471,999
Soufbbnry (Town), N. Haven Co 16.550
Southington.Hart. Co. (Borough) 21.300 1,6:2,278
So.Windsoi (Town).HartfordCo. 20,000 1.174.7335,('0t 1.606,121
Stafford, Tolland Co
736,243
Stafford Spgs.(Boro.),Tolland Co. 17,9«K)
10.010 12,981.312
Tolland Countv
17,6i»
650,212
Trumbull, Fairfield Co
Waterbury (Town) N. Haven Co. 157,500 2-1,333,21
83,608
979,676
Waterford, New London Co
33,900 1.42«,»13
Watertown, Litchfield Co
5H4.459
11.350
Weetbrook. Middle-ex Co
....
86.184 2,597,284
West port, Kairtleld Co.
37,651 1.463,522
Wethersfleld, Hartford Co
26,000
888,3 7 3
Wilton, t airfield Co
<>2.000 4.979,775
Windham. Windham Co
89,^69 1,697,215
Windsor, Hartford Co
Woodburv. Liu-hfleld Co
32,64*
H40,3o6
.

(

Waterbury now under the

20,'99.
$379,850
Sinkingfund
38,897
Net debt Mar.20. 1899.
($10,000 annually.)
340,953
Funding Bonds—
Assessed valuat'n '96 11,325,523
1927-1946
Assessment *o actual value.
48, J&J, $200,000
($10,000 annually), (optional after Tax rate (per $1,000) '98... $13-00
July 1, '12, $10,000 annually).

48,

W. IIobinson, Treas.

This borough is in Litchfield County.
Bond, debt 4s May l,1900.$92,50O Net debt May 1, 1900.... $148,7r&
6i,o3i Assessed valuation '99... 4,514,070Floating debt
4,846
Total debt May 1. 1900. ..157,5^3 Population 1890 was
Sinking fund, cash, &c
8,765 Population In 1900 was
6,804
I

tttat T !T<\rTmT=>T\ — JWM. H.NEWTON, Town Treas.
A.l_il_iiNLxr L^X-tU.

..,

WINSTED.— H.

.

•

'.

1,513

12-00
3-00

5,706

10 00

1200
1600
11-00
15-00
10-00
17-50

1300
10-«>0

10 00
7-00

1600
12-00
15-00
lf>00

1500
12-50
l->00
12-00

1000

457
6,268
2,358

820
2,678
1,989
1,328
1,4*9
1,632
2,031
19.474
2,823
3,116

523
684
1.836

960
3,158
1,829
2,530
3,331
3,490

2,85
1000
4,626
250 195,480

10-00

23-00
14-00
4-50

592

1200

1,016
2,224
1.521

13-00
15-00

697
750

1000

1,518
10,601
1,827
3,500

15-00
20-00
12-00

20 (0
16'00

1200
14-00
12-00
14-00

2000
1500
1300
16-00
15-00

736
845
2,395
3,424
4,804
3,276
1,614
1,803
2,164
1,240
1,180
1,431

1800

952

13 00
15-00

4,>»21

1500
12-00

1450
15-00

1250
1400

2,189
2,828
1,831
7,349
1,426
1,026
1,0 3 7

14 00

468

1100
1800

5-00

3,489
1,634
3,541
1,982
2,837
1.238
3,411

15 00

2,<»14

10-00

10 00

500
12 00

2000
7-50

12-00
6-00
15-00
12-00

10 00
10 00

1000
1000
10-00
15-00

1250

4.297
2.460
24.523
1.597
51,139
2,904
3,100

884
4.ol7
2,637
1,598
10,137
3,614
1,988

)

39

Debts and

Resources

OF THE

I1ST

THE

MIDDLE STATES.
INDEX FOR THE MIDDLE STATES,

Cities,

Statelof
-

DELAWARE— State, Cities, &c
MARYLAND— State, Cities, &c

Pages 74 to 75

Pages 65

DISTRICT OF COLUMBIA

Page

Pages 39 to 53

&c

New

Etc.]

...

One

-

Total area of State (square miles)
State capital
Governor (term expires January 1, 1903)

to 74

York.

DEBT, RESOURCES,
Admitted as a State

of Original Thirteen

49,170

Albany
-

Benj. B. Odell Jr.

Secret'y of State (term expires Jan. 1 1903) John T.McDonough
John P. Jaeckel
Treasurer (term expires Jan. 1, 1903) - ,

Comptroller (term expires JaD. 1, 1903) - Erastus C. Knight
Legislature meets annually the first Wednesday in January,
and length of sessions is not limited.

HISTORY OF DEBT.—The historical details of New York's State
debt from 1817 to 1894 will be found in the State and City Supplement of April, 1894, page 41.
During a period of eleven years ending in 1893 the State debt was
paid at the average of $1,000,000 per year, and practically wiped out.
At the November eleotion in 189o the proposition to issue bonds of
the State to the amount of $9,000,000, for the purpose of enlarging and
improving the Erie Canal, the Champlain Canal, and the Oswego Canal,
was submitted to the voters and carried. These bonds have all been
issued to date, but nearly $500,000 have been paid off from the proceeds
of the tax levied for a sinking fund, leaving outstanding Mar. 1, 1901,
$8,500,660, whioh, with the $275,000 Comptroller's Certificates and
$400,000 Adirondack Park Bonds and $900,000 Defense Bonds, a total
of $10,075,660, constituted the State's indebtedness on Mar. 1, 1901.

—

LOANS-

—

-Principal.
^^
c Interest.
Outsland'g.
Rate. Payable. When Due.
Jan. 1, 1906
$1,270,000
J&J
Canal bonds, g., reg., 1896. . 3g.
4,000,000
do
1897.. 3g.
Jan. 1, 1912
do
J&J
Do
3,230,000
do
Jan. 1, 1913
do
1898.. 3g.
J&J
Do
660
do past due.
Do
1907-1908
400,000
Adirondack Pk.Bonds,1898 3*2
>

NAME AND PURPOSE.

F&A

Nov. 1, 190J-'05
$100,000 yearly

\

400,000

May

>

\

500,000
*275,000

STATE DEBT FOR OVER SIXTY YEARS.-Below we

give the

Public Defense Bonds,1898

do

do

1899

3^
3>«

M&N
M&N

<

\
5
(

Comptroller's Certificates
* Due $55,000 annually.

amount of the State debt on
1900
1899
1898
1897
1893
1892
1891

1890
1889
1888
1883
660 1878
763,160 1873
2,927,655 1868

$10,130,660
10,185,660
9,340,660
6,265,660

'02 to '06
$100,000 yearly
I.

1902 to 1906

Sept. 30 in the years named.

$4,964,304 1863
6,774,854 1858
6,965,354 1853
8,473,854 1848
9,154,054 1843
36,530,406 1838
45,148,786

$30,122,124
31,735,668
24,288,568
23,937,248
27,535,739
11,953,852

-Slate Tax.

a^S^IS^l

to 76

76

DEBT LIMITATION— State.—The new

Constitution has in some
of the fundamental law restricting the
power of the Legislature over the issue of debt. &c These provisions
give the sections of that article (Article 7
are found in Article 7.
below which have reference to the subject.
State credit not to be given.— Section 1. The credit of the State sha)
not in any manner be given or loaned to or in aid of auy individual

We

association or corporation.

—

State debts, power to contract. Sec. 2. The State may, to meet casual
deficits or failures in revenues, or for expenses not provided for, con-

tract debts; but such debts, direct or contingent, singly or in the aggregate, shall not at any time exceed one million of dollars; and the
moneys arising from the loans creating such debts shall be applied to
the purpose for which they were obtained, or to repay the debt so contracted, and to no other purpose whatever.
State debts to repel invasions.— Sec. 3. In addition to the above limited
power to contract debts, the State may contract debts to repel invasion,
suppress insurrection, or defend the State in war; but the money arising from the contracting of such debts shall be applied to the purpose
for which it was raised, or to repay such debts, and to no other purpose

whatever.
Limitation of legislative power to create debts. Sec. 4. Except the
debts specified in sections two and three of this article, no debts shall
be hereafter contracted by or on behalf of this State, unless such debt
shall be authorized by a law, for some single work or object, to be distinctly specified therein and such law shall impose and provide for
the collection of a direct annual tax to pay, and sufficient to pay, the
interest on such debt as it falls due, and also to pay and discharge the
principal of such debt within eighteen years from the time of the contracting thereof. No such law shall take effect until it shall, at a general election, have been submitted to the people, and have received a
majority of all the votes cast for and against it at such election. On the
final passage of such bill in either house of the Legislature, the question
shall be taken by ayes and noes, to be duly entered on the journals
thereof, and shall be: "Shall this bill pass, and ought the same
The Legislature
of
the
people!"
to
receive the sanction
may at any time, after the approval of such law by the
people,
if
no debt shall have been contracted in pursuance thereof, repeal the same; and may at any time, by law,
forbid the contracting of any further debt or liability under such law
but the tax imposed by such act, in proportion to the debt and liability
which may have been contracted, in pursuance of such law, shall
remain in force and be irrepealable, and be annually collected, until
the proceeds thereof shall have made the provision hereinbefore
specified to pay and discharge the interest and principal of such debt
and liability. The money arising from any loan or, stook creating such
debt or liability, shall be applied to the work or object specified in the
act authorizing such debt or liability, or for the repayment of such
debt or liability and for no other purpose whatever. No such
law shall be submitted to be voted on, within three months after
its passage, or at any general election when any other law, or any
bill, or any amendment to the Constitution, shall be submitted to
be voted for or against.
Sinking Fund, how kept and invested. Sec. 5. The sinking funds
provided for the payment of interest and the extinguishment of the
principal of the debts of the State shall be separately kept and safely
invested, and neither of them shall be appropriated or used in any manner other than for the specific purpose for which It shall have been
provided.

—

;

—

Counties.

Towns and Villages.—

Constitution of New York State puts a general and
uniform limit to the power of all counties and cities of the State to contract and put out their obligations, leaving to the Legislature to fix the
debt-making power of villages and towns only. These provisions are
found in Article 8, Section 10. We give that section in full. The
separation into paragraphs and the figures in parenthesis whioh number and begin the paragraphs are our own, we having inserted them so
that those who need to refer to or use any particular portion can the more
readily find the part desired. With that exception we give Section 10
of Artiole 8 as it reads, preserving even the punctuation.
(1) No county, city, town or village shall hereafter give any money
or property, or loan its money or credit to or in aid of any individual,
association or corporation, or become directly or Indirectly the owner
nor shall any
of stock In, or bonds of, any association or corporation
such county, city, town or village be allowed to incur any indebtedness
except for county, city, town or village purposes. This section shall
not prevent such county, city, town or village from making such provision for the aid or support of its poor as may be authorized' by law.
(2) No county or city shall be allowed to become Indebted for any
purpose or in any manner to an amount which, Including existing

The

Valuation.Total
Total Equalized Rateper
Real Estate.
Personal.
Levied.
Valuation.
$1,000.
1900 $4,811,693,059 $649,709,693 $5,461,302,752 f 1 96 $10,704,153
1899 4,413,848,496 662,548,328 5,076,396,824 2-49
12,640,228
1898 4,349,801,526 548,809,493 4,898.611,019 208
10,189,111
1897 4,041,826,586 465,159,108 4,506,985,694 267
12.033,652
1896 3,908,853,377 459,859,526 4,368,712,903 269
11,751,358
1895 3,841,582,748 450,499,419 4,292,082,167 324
13.906,346
1894 3.761,679,384 438,202,694 4.199,882,058 2-18
9,155.742
2-58
1893. 3,626,645,093 411,413,856 4,038,058.949
10,418,192
1892 3,526,645,815 405,095,684 3,931,741.499 1'98
7,784,848
1891 3,397,234,679 382,159,067 3,779,393,746 1-37
5,196,666
1890
385,329,131 3,683,653,062 2*34
8,619,748
1886 2,899.899,062 324,783,281 3,224,682,343 2"95
9,512,812
1875 1,960,352,703 407,427,399 2,367,780,102 600
14,206,680
1870 1,532,720,907 434,280,278 1,967,001,185 726>4 14,285,976
1869 1,418,132,885 441,987,915 1,860,120,770 5-621* 10,463,179
1859 1,097,564.524 307,349,155 1,404,913,679 250
3,512,284

Pages 75

measure modified the provisions

DEBT LIMITATION.— Cities,

TAX VALUATION, TAX RATE, ETC.Ytar.

Etc.

Pages 58 to 65

NEW YORK—State, Cities, &c
NEW JERSEY—State,lCities, &c
PENNSYLVANIA- State,

CITIES,

new

;

;;

:

STATE ANB CITY SUf fl£W£NT,

4LO

indebtedness, shall exceed ten per centum of the assessed valuation o
the real estate of such county or city subject to taxation, as it appeared
by the assessment rolls of said county or city on the last assessment for
State or county taxes prior to the incurring of such indebtedness ; and
all indebtedness in excess of such limitation, except such as may now
exist, shall be absolutely void, except as herein otherwise provided.
per
(3) No county or eitv whose present indebtedness exceeds ten
centum of the assessed'valuatiou of its real estate subject to taxation,
shall be allowed to become indebted in any further amount until such
indebtedness shall be reduced within such limit.
certif(4) This section shall not be construed to prevent the issuing of
icates of indebtedness or revenue bonds issued in rs nticipation of the
collection of taxes for amounts actually contained, or to be contained
in the taxes for ho year when such certificates or revenue bonds are
issued and pavable out of such taxes.
of bonds
(5) Nor shall this section be construed to prevent the issue
to provide for the supply of water but the terms of the bonds issued to
provide the supply of water shall not exceed twenty years, and a sinking fund shall be created on the issuing of the said bonds for their redemption, by raising annually a sum which will produce an amount
equal to the'sum of the principal and interest of said bonds at their
maturity.
;
issued in an(6) All certificates of indebtedness or revenue bonds
ticipation of the collection of taxes, which are not retired within five
years after their date of issue, and bonds issued to provide for the supply
of water, and anv debt hereafter incurred by any portion or part of a
city, if there shall be any such debt, shad be included in ascertaining
the power of the city to become otherwise indebted.
become the
(7) Whenever hereafter the boundaries of any city shall
same as those of a county, the power of the county to become indebted
shall cease, but the debt of the county at that time existing shall not be
included as part of the city debt. [At the November 1899 election
an amendment to the Constitution was adopted changing this paragraph to read as follows: Whenever the boundaries of any city are
the same as those of a county, or when any city shall include within
its boundaries more than one county, the power of any couuty wholly
included within such city to become indebted shall cease, but the debt
of the county heretofore existing shall not, for the purposes of this
section, be reckoned as a part of the city debt.]
or city pur(8) The amount hereafter to be raised by tax for county
poses, in any county containing a city of over one hundred thousand
inhabitants, or any such city of this State, in addition to providing for
the principal and interest of existing debt, shall not in the aggregate
exceed in any one year two per centum of the assessed valuation of the
real and personal estate of such county or city, to be ascertained as
prescribed in this section in respect to county or city debt.
By the terms of the foregoing section, Paragraph (1), every " County,
City, Town or Village" is included in the prohibition against (1) loaning " its money or credit," (2) in becoming " directly or indirectly the
owner of stock in or bonds of any association or corporation," and (3)
in incurring " any indebted ness except for County, City, Town or Village purposes." Most of the other paragraphs include only Counties
1

;

and

Cities.

(6) It seems that "any debt hereafter incurred by any portion or part of a city, if there shall be any such debt,
shall be included in ascertaining the power of the city to become other
wise indebted."
We would also call special attention to Paragraph (7), declaring that
[as amended in 1899] whenever the boundaries of any city may be the
same as those of a county or wh»n any city shall include within its
boundaries more than one county, " the power of any county wholly included within such city to become indebted shall cease, but the debt of the
county heretofore existing shall not * * be reckoned as a part of
the city debt."
In May 1886 the New York Court of Appeals decided at the end of a
litigation begun in July 1885 that the sinking fund was not a part of
the city debt within the meaning of the above provision of the Constitution limiting the creation of debt to 10 per cent of the assessed valua-

According to Paragraph

Vol.

LXXII

—

Sec. 116. In xvhat securities deposits may be invested. The trustees
of any savings banks may invest the moneys deposited therein and
the income derived therefrom only as follows
1. In the stocks or bonds
tiie United States, or those

or interest-bearing notes or obligations of
for which the faith of the United States is
pledged to provide for the payment or the interest and principal, including the bonds of the District of Columbia.
2. In the stocks or bonds or interest-bearing obligations of this
State, issued pursuant to the authority of any law of the State.
3. In the stocks or bonds or interest-bearing obligations of any State
of the United States which has not within ten years previous to making such investment by such corporation defaulted in the payment of
any part of either principal or interest of any debt authorized by the
legislature of any such State to be contracted and in the bonds or interest-bearing obligations of any State of the United States, issued in
pursuance of the authority of the legislature of such State, which
have, prior to the passage of this act, been issued for the funding or
settlement of any previous obligation of such State theretofore in default, and on which said funding or settlement obligation there has
been no default in the payment of either principal or interest since the
issuance of such funded or settlement obligation, and provided the
interest on such funded or settlement obligations has been paid regularly for a period of not less thau ten years next preceding such in;

vestment.
4. In the stocks or bonds of any city, county, town or village, school
district bonds and union free school district bonds issued for school
purposes, or in the interest-bearing obligations of any city or county
of this State, issued pursuant to the authority of any law of the State
for the payment of which the faith and credit of the municipality issuing them are pledged.
Boston, Worcester.
5. In the stocks or bonds of the following cities
Cambridge, Lowell, Fall River, Springfield and Holyoke, in the State of
Massachusetts; St. Louis, in the State of Missouri; Cleveland, Cincinnati
and Toledo, in the State of Ohio Detroit and Grand Rapids, in the State
of Michigan; Providence, in the State ot Rhode Island New Haven and
Hartford, in the State of Connecticut Portland, in the State of Maine ;
Philadelphia, Pittsburg, Alleghany, Reading and Scranton, in the State
of Pennsylvania Minneapolis and St. Paul, in the State of Minnesota
Des Moines, in the State of Iowa; Milwaukee, in the State of Wisconsin; Louisville, in the State of Kentucky; Paterson, Trenton, Newark and
Camden, in the State of New Jersey; Baltimore, in the State of Maryland.
If at any time the indebtedness of any of said cities, less its water debt
and sinking fund, shali;exceed seven per centum of its valuation for purposes of taxation, its bonds and stocks shall thereafter, and until such
indebtedness shall be reduced to seven per centum of the valuation for
the purposes of taxation, cease to be an authorized investment for the
moneys of savings banks, but the superintendent of the banking department may, in his discretion, require any savings bank to sell such bonds
:

;

;

;

;

or stocks of said city, as may have been purchased prior to said increase of debt.
6. In bonds and mortgages on unincumbered real property situated
in this State, worth at least twice the amount loaned thereon. Not
more than sixty-five per centum of the whole amount of deposits
shall be so loaned or invested. If the loan is on unimproved and
unproductive real property, the amount loaned thereon shall not be
more than forty per centum of its actual value. No investment in

any bonds and mortgage shall be made by any savings bank except
upon the reuort of a committee of its trustees charged with the duty
of investigating the same, who shall certify to the value of the premises mortgaged or to be mortgaged, according to their best judgment,
and such report shall be filed and preserved among the records of the
corporation. Also in the first mortgage bonds of any railroad corporation of this State, the principal part of whose railroad is located
within this State; or of any railroad corporation of this and any other
State or States connecting with and controlled and operated as part
of the system of any such railroad corporation of this State, and of
which connecting railroad at least a majority of its capital stock is
tion of the real estate.
Towns and Villages are not limited in their debt-making power by the owned by such a railroad corporation of this State, or in the mortgage
Constitution. Those municipalities will be gover-ned by general or bonds ol any such railroad corporation of an issue to retire all prior
mortgage debt of such railroad companies respectively; provided that
Bpecial statutes.
The 1895 Legislature passed an act " for the protection of bona fide at no time within five years next preceding the date of any such inpurchasers and holders of coupon bonds and of municipal corporations vestment shall such railroad corporation of this State or such connectagainst misfeasance, malfeasance or negligence of public officers." ing railroad corporation respectively have failed regularly and puncThe full text of this law was published in the Chronicle of June 8, tually to pay the principal and interest 0£ all its mortgage indebtedness, and in addition thereto regularly and punctually to have paid
1895. V. 60, p. 1023.
its
EXEMPTION FROM TAXATION—There is one general New York dividends upon allrateoutstanding capital stock during the preceding
of not less than four per centum per annum
statute with reference to exemption from taxation " for town, county, five years, at the
municipal or State purposes " of a class of bonds " issued by any village, and provided, further, that at the date of every such dividend the outstanding capital stock of such railroad corporation, or such connecting
city, town or county" in the State, which seems to have a wider application than is generally known. As originally passed in 1881 the ex- railroad company respectively shall have been equal to at least one-half
emption applied only to bonds issued to pay up or retire bonds "created of the total mortgage indebtedness of such railroad corporations reto aid in the construction of any railroad." A new law was passed in spectively, including all bonds issued or to be issued under any mort" gage securing any bond in which such investment shall be made.
1886 (Chapter 316) making the tax exemption apply to " new bonds
under the act to retire any of the then "present bonded indebted- Also in the mortgage bonds of the following railroad corporations:
issued
ness of any village, city, town or county in this State." With reference The Chicago & North Western RR. Co., Chicago Burlington & Quincy
" All new RR Co., Michigan Central RR. Co., Illinois Central RR. Co., Pennsylto such new bonds the third section of the act of 1886 says
bonds issued by any village, city, town or county in this State under vania RR. Co., Delaware A Hudson Canal Co., Delaware Lackawanthe provisions of this act shall be exempt from taxation for town, na & Western RR. Co., New York New Haven & Hartford RR. Co.,
county, municipal or State purposes until the period when they are Boston & Maine RR. Co., Maine Central RR. Co., the Chicago & Alton
made payable." In 1893 still another law was passed making the RR. Co. Provided that at the time of making such investment the
statute cover any bonded indebtedness. The law as it now stands will said railroads shall have earned and paid regular dividends of not
less than four per centum per annum in cash on all their issues of
be found in editorial on page 4 of the April, 1894, Supplement.
In addition to the foregoing there are special laws authorizing special capital stock for the ten years next preceding such investment, and
Issues that are exempt, hut which we have not room to quote here. provided the capital stock of any of said railroad corporations shall
For New York City there is a general statute which directs how any of equal or exceed in amount one-third of the par value of all its bonded
indebtedness and further provided that all bonds hereby authorized
its bonds may be made exempt from city and county taxation. That
for investments shall be scoured by a mortgage which is a first mortstatute is subjoined.
gage on either the whole or some part of the railroad and railroad prop137. The Commissioners of the " Sinking Fund of the City of New erty actually in the possession of and operated by such company or
Sec.
York for the redemption of the city debt," when duly authorized by that such bonds shall be mortgage bonds of an issue to retire
ordinance of the Common Council, may, by concurrent resolution, all prior mortgage debt of suoh railroad company; also in the
direct that the bonds and stocks of said city, issued pursuant to law, first mortgage bonds of the Fonda Johnstown & Gloversville RR.
after June ninth, eighteen hundred and eighty, shall be exempt from Co., or in the mortgage bonds of said railroad company of an
taxation by said city and by the county of New York, but not from taxa- issue to retire all prior mortgage debts of said railroad company, and
tion for State purposes; and all bonds and stocks issued pursuant to provided the capital stock of said railroad company shall equal or exsuch authority shall be exempt from taxation accordingly, provided ceed in amount one third of the par value of all its bonded indebtedthat said bonds and stocks shall not bear interest exceeding the rate of ness; and provided, also that such railroad be of standard gauge of four
four and one-half per centum per annum. The bonds and stocks of the feet eight and one-naif inches. Not more than twenty per centum of
city of New York issued pursuant to the provisions of this section shall
the whole amount of deposits of any bank shall be loaned or invested
express upon their face the fact that they are exempt from taxation by in railroad bonds, and not more than five per centum of the deposits of
the city and county of New York, but not from State taxation, and any bank shall be invested iu the bonds of any one railroad. Street
shall refer to this section, and to the ordinance of the Common Council,
railroad corporations shall not be considered railroad corporations
and the resolution of the Commissioners of the Sinking Fund author- within the meaning of this subdivision.
zing their issue.
[Under date of June 10, 1899, F. D. Kilburu, Supeiintendent of the
SAVINGS BANK INVESTMENTS-POWERS AND RESTRIC- State Banking Department, issued a circular naming the bonds in which
the
For list of,
TIONS.— In 1898 the New York Legislature passed an amendment to savings banks may invest under(>S, p. amendment of 1899.above stated1111. In 1899, us
such bonds see Chronicle, V.
paragraph 6, Sec. 116, of the Savings Bank law of 1892. The amend- the Chicago & Alton was added to the list.]
The opinion of Attorney
ment extended investments of savings banks to first mortgage railroad General J. O. Davies, declaring the refunding bonds of the Chicago <fe
bonds the principal part of whose railroad is located within this State, Alton RK. Co. a legal Investment for savings banks, will be lound in
full In the Chronicle V. 70, p. 1260.
and in 1899 the field of railroad investments was still further enlarged;
7. In real property subject to the provisions of the next section.
In 1900 the Chicago & Alton RR. was added to the list and other
It will be noted that subdivision 7 (the last paragraph of the above)
Some Jurther additions hate been
changes made in paragraph 6
proposed at the 1901 session of the Legislature, but no action on them refers to the "next section " for the provisions applicable. This reference is to section 117 of the law of 1892 we omit that section as it
had been taken up to April s
section 116 below as it stand* with these amendments relates only to real estate. Sections 118, 119 and 120 of the law of
We give
incorporated.
1892 we subjoin.
:

;

;

;

—

—

)
)

.

NEW YOfW-CITIES AND TOWNS,

April, 1901.

Section 118. The trustees of every such corporation shall as soon as
practicable invest tne moneys deposited with them in the securities
authorized by this article; but for the purpose of meeting current
payments and expenses in excess of the receipts, there may be kept an
available fund not exceeding ten per centum of the whole amount of
deposits with such corporation, on hand or deposit in any bank in this
State organized under any law of this State or f the United States, or
with any trust company incorporated by any law of the State but the
sum so deposited in any one bank or trust company shall not exceed
twenty-live uer centum of the paid-up capital and surplus of any such
bank or company or such available fund, or any part thereof, may be
loaned upon pledee of the securities or any of them named in subdivisions one.two, three and four (I ) of the preceding section but one, but
not in excess of ninety per centum of the cash market value oi such
securities so pledged. Should any of the securities so held in pledge
depreciate in value, after making any loan thereon, the trustees shall
require the immediate payment of such loau or of a part thereof, or additional security therefor, so that the amount loaned shall at no time
exceed 90% of the market value of the securities pledged for the

STREET IMPROVEMENT BONDS

—

same.
Section 119. Every such corporation may also deposit temporarily
in the banks or trust companies specified In the last section the excess
of current daily receipts over the payments, until such time as the
same oan be judiciously invested in the securities required by this
article. Whenever it shall appear to the superintendent of banks that
the trustees of any such corporation are violating the spirit and intent
of this provision by keeping permanently uninvested all or an undue
proportion of the moneys reoeived oy them, he shall report the facts
to the Attorney-Goueral, who shall proceed against suoh corporation in
the manner provided in section eighty-two of this chapter.
Section 120. The trustees of any savings bank shall not loan the
moneys deposited with them or any part thereof, upon notes, bills
of exchange, drafts or any other personal securities whatever. In all
cases of loans upon real property, a sufficient bond secured by a mortgage thereon, shall be required of the borrower, and all the expenses
of searchers,* examinations and certificates of title or appraisal of
value, and of drawing, perfecting and recording papers, shall be paid
by the borrower.

POPULATION OF STATE.— New

York ranks

1897 4

do

do

do
1897 4
do
Sewer improvem'ts. 1896 4
do
..1898 4
do
.

1860
1850
1840
1830

7,268,012
5,997,853
5,082,871
4,382,759

3,880,735
3,097,394
2.428.921
1,918,608

£#

do
do
do
do
do
do
do

fife

55

J

1874
1874
1876
1876
1876
1877
1877
1887

So in the original.
t As we bo to press a bill has passsed both the Senate and the Assembly and
is before the Governor, adding sab-division Ave to this list, and also giving the
rig Lt to make loaDs "upon the Hrst mortgage bonds, or any of them, of the
railroads mentioned and described in sub-division six."

Cities,

Counties and Towns

6

6
6

6
4

do
cS

4

1888

>>

do

1889

do
do
do
do

<o

4

STATE OF

NEW

1895
1896
1896
1896

a

3

i

1888

do

1894

do

at da TVTV
Aij DAl>l I
Albany

is

in

EDWARD GALLTEN,
— JwM. M. KICHARDS, Deputy
Albany

Comptroller.
Comptroller.

J.

5

.

NAME AND PURPOSE.

Interest.

Rate.

—

Payable.

M
J
M
M

-Principal.Outstand'g.

When Due.

& N
May 1, 1904 b$115,000
& J Jan. 'Oi to 1908
a70,000
May 1 '01 to 1911
&
a55,000
$5,000 yearly.
do
do
1892 4
&
May 1, 1912
al65.000
Publio Bath bonds
1^99 3i« F &
Feb. 1, '02-'09
a24,000
do
do
....1901 3ht F &
Feb. 1. '02-'21
10,000
,„- nnA
City Hall
T
1882 4
J & J <Julyl, '05 to '09) «125,000
X $25,000 yearly. \
do do
1882 4
July 1. 1910
J & J
a20,000
School
1900 3VJ M & N May, 1901-1920
60,000
Bewer (Beaver Cr.)... 1889 3
M & 8 Mar. 1902-1909 a40,000
TiJNov. 1, 1901-'17> a ~- Knn
do
do
..1896 3i3 M & N
2 5.800
$1,500 yearly. \
Washington Park. ..1870 7
M & N f Aug. 1, 1910
b50.000
do
do
..1871 7
M & N May 1, 1911
blOO.OOO
do
do
..1872 7
M & N May 1, 1912
blOO.OOO
do
do
..1874 7
M & N Maj 1, 1914 bl55,000
dc
do
.1874 7
M & N May 1, 1916
b49,000
do
do
.1875 6
M & N May 1, 1915
b75,000
do
do
.1875 6
M & N Nov. 1, 1917
b37,000
do
do
.1876 6
M & N May 1, 1918
b38,000
do
do
..1877 6
M & N May 1, 1919
b20,000
do
do
..1878 5
M & N May 1, 1920
b40,000
< May,
1920-1930 > „ qc nnn
do
do
..1880 4
M & N I abt. $25,000 yr'ly \ »295,000
*
do
do
..1880 4
M&
May 1, 1942
7,000
do
do
.1881 4
M&
May 1. 1921
a30,000
do
do ...,.188'' 4
M&
May If 1922
a28,000
do
do ... .1882 4
M&
Nov. 1, 1922
a24,000
do
do ...,.1885 4
F &
Feb 1, 1925
alO.OOO
do
do .....1894 2
J &
June 1, 1934
a3,000
do
do .....1896 3ia M&
May 1, 1936
a7,000
Feb. 1, 1902 1909
Hawk St. Viaduct... 1889 3ia F &
a40,000
$5,000 yearly.
Dudley Observatory.. 1892
J & n J June, 19011907)
a7,000
"X $1,000 yearlv.
Broadway widening.. 1898 3i« A & n$°ct. 1,1901-1908) a40,000
A,
J^
OJ $5> ooo yearly J
Beaver Park
n 5 June, 1901 to'14, a252,000
1894
J &
"X $18,000 yearlv. $
t
do
do
1895 4
J & J 5 June, 1901 to '14,
$4,000 yearly. \ a60.000
X
do
do
1897 4
A & n 5 0ct. 1, 1901-1917) a21,250
u X $1,250 yearly. $
do
do
1898 3ij) A & n 5 0ct. 1,1901-1918) al2,G00
w

P. O. site

1874

Publio Market
1888
Publio build'g bonds. 1892

.

.

<,

\

<

$700 yearly

$

1899 319 J & j| July, 1901 to '19) a28,500
* 1.500 yearly S
1900 3ia M &N May, 1901-1920
alO.OOO
1901 3ia F & A
Feb,, 1902-1921
10,000
Knox Street Viaduct. 1897 4
«_ tj
j * u 5 Dec. 1, 1901-1906 ) a30,000
<
$5,000 yearly
\
do
do
do

do
do
do

a Interest

payable In Albany,
the Merchant's National Bank.

b Interest payable

in

New York

I

F & A{

1902
Feb.
1903
Feb.
Feb.
1906
Feb.
1908
Feb.
1909
Feb.
1911
1912
Feb.
Feb. 1, 1902-1907
$5,000 yearly.
F
1, 1902-1908
$7,500 yearly.

June

& »\
F & A-

J

1,

$90,000
99,000
100,000
*50,000
50,000
50,000
50,000
)

1897

30,000

J

52,500

'01-1908

140,000

98,000
20,000
20,000
10,000
70,000
32,500

M&N

85,000

180000
a
1.1901-1919
do
1899 3ia
95,000
* * X $5,000 yearly.
,v, -a «, a y Feb. 1,1902 to '20)
,„,
190 ° 3 ^
do
$7.500yearly \ 142,500
|
do (refd'g)(taxex.)1901 3^ F & A Feb., 1902-1921
104,000
TOTAL DEBT, SINKING FUNDS, ETC.—The subjoined statement
shows Albany's general and water debt. The street improvement
bonds, amounting to $653,000 on March 1, 1901, are not included.
March 1,1901. 5epM5,1900. Sept.1,1899. Nov.l, 1898.
General bonds.. $2,283,850
$2,295,300
$2,367,250
$2,415,250
Water bonds.... 1,663,000
1,739,000
1,813,500
1,728,000
1898

do

M

v $May

•

F&A

,

$4,180,750
1,548,230

$4,034..-00

1,414,920

$4,143,250
1,394,260

Net debt
$2,434,412
$2,619,380
$2,632,520
$2,748,990
The sinking funds are invested mostly in the city's own bonds.
CITY PROPERTY.— Property owned by city March 1, 1901, was

Real estate,
$8,027,757

$4,917,420;

property

personal

$3,080,337;

total

assessed about full value.
Assessed Valuation.
Rate of Tax.
Tears.
Real.
Personal.
lolal.
per $1,000.
1900
$59,790,690 *$9,237,194
$69,027,884
$21-40
1899
59,418,890
7,422,405
66,841,295
2260
1898
59,159,515
7,525,425
20-60
66,684,940
1897
58,768,650
20-00
9,508,245
68,276,895
1895
58,548,720
20-00
6,426,995
64,975,715
1893
64,623,680
20-00
6,565,790
71,189,470
1890
63,380,046
19-00
6,282,525
69,662,571
1880
34,310,305
36-00
2,790,120
37,100,425
1870
24,981.511
45-70
5|954,825
30,936,336
1860
20,283,245
12-60
6,006,803
26,290,048
1850
9,430,100
15-70
3,171,589
12,601,689
1846
7,792.340
13-20
3.449.098
11.241.438
* Including speoial franchise tax amounting 1900 to $2,294,694.
In 1900 (Census) population was 94,151 ; in 1890
(Census) 94,923; In 1880, 90,758.
>

County.

—

88,000
4,000
2,400
131,000

ASSESSED VALUATION.— Property is

GENERAL BONDED DEBT.

LOANS-

$

1901

!

YORK.

Note.— For debts of civil divisions not found among the statement!)
given below, see " Additional Statements" at the end of this Slate.

($17,600 yearly.)

50,000

5

1903-1907)

$17,500 yearly.
Feb. 1, 1902-1915
4
$7,000 yearly. 5
F
Feb. 1, 1913
F
Feb. 1, 1914
F
Feb. 1, 1915
3ia M & N May 1,1901-1907)
$10,000 yearly. $
A
3ia F & A 5 Feb. 1,1901-1914)
X $2,500 due y'rly. ]
May 1,1901-1917)
4
$5,000 yearly. 5
3ia M&NJMa.^,W01 1918j

Total bonds.. $3,946,850
Sinking funds.. 1,512,437

THE

IN

Nov.

X

A
A
A
A
A
A
A

7

7
6

eS

1,372,111

*

($25,000 yearly.)

<

;

do

959,049
589.051
340,120

Nov.

WATER DEBT.

Water

first in

1820
1810
1800
1790

1901-1902)

<

X

M&N
A

figures:

1900
1890
1880
1870

M
M& N
M& N
M&N
M& N
M&N

Nov., 1901-'O8
Street improvem't...l898 4
($39,000 yearly to 1903; $2,500, *04-'05; $3,000 to '08.)
Nov., 1901-1904
do
104,000
do
1899 4
do
Feb. 1, 1902-'06
65 000
do
1901 3ia F &
The total amount of improvement bonds outstanding on March 1,
1901, was $653,000

population
The following gives the U. S. Census

of the Union.

,

•

;

:

41

Principal and interest paid by holders of property benefited.
Principal.
Interest.
LOANS
When Due. ' Outstand'g.
Rate. Payable.
NAME AND PURPOSE.
1901-1911
& N
1896 4
Various streets
$208,600

•

among the States

)

at

POPULATION—

ALBANY
County
seat

is

LO A N S—
Hall-

CO.—John A.

3 las,

A&O,
A&O,
A&O,

Jr., Treas

loanswar Loan— (Con.)

When Due.

City
s'^),
3138,

Howe,

the city of Albany.

$50,000... Oct. 1,1901
50,000... Oct. 1, 1902
45,000. ..Oct. 1,1903

Road Bonds—

3i«8,M&3, $18,000 Mar.1.1902'19

M&S, 12,0OO.Mar.l,1902-'13
County Court House—

War Loan—

semi-an., $16,000. Mar.,
semi-an.,
15,000... Mar.,
semi-an.,
3 6,000... Mar.,
.

.

.

.

1911

semi-an., $14,000.Mar., '02-'03
semi-an.,
67,000. ..Mar., 1904
semi-an., lll.OOO.Mar.. '05 '07
semi-an.,
66,000.Mar., '08-'09
semi-an.,
35,000... Mar., 1910
semi-an.,
37,000.. .Mar., 1911
semi-an.,
18,000.. .Mar., 1912
semi-an.,
17,000. ..Mar., 1913
INTEREST is payable at the County Treasurer's Office
are all registered.

AMSTERDAM.— Geo
Montgomery
is

County.
When Due.

in

LOANS—

Funding Bonds—
$5,000

3138,

Sept. 1,1901
School Bonds, Dist. 8, 11 & 13—
4s, ..... $12,000
Oct. 1,*01-*12

4s,

. .

.

4s
4s

,
,

6,000
8,000
8,000

Jan.

Sewer Bonds—
3s

5s
5s,....
5s,....

5e

14,000
42,000
49,000
59,000

INTEREST le

'02*03

W. West, Treasurer.
When Due
LOANSWater Bonus— (Continued)—

5s,....

3s

The bonds

$65,000
25,000

Oct.
Oct.

1,
1,

1921
1926

3s,.... 100,000
Mar. 1, 1910
314s, J&l), 75.000.... Dec. 1,1920

Bonded debt Oct. 1,1900. $644,000
Water debt (included). .. 354,000
Tax valuation, real
9,730,839
1901'34 Tax valuation, personal. 1,384,130

Oct. 1, '01-'08
Sept., 'Ol-'OS

$248,0O0.July

Water Bonds—

1,

.

4e,

4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

This city

.

M&S, $35,000.. Mar., '02 to '18
($1,000 y'ly to '17 & $19,000in'18)
4s. M&S, $37,000. Mar. 1902 to '19
($1,000 y'ly to '18 & $20,000 in'19.)
Total debt Feb.l, 1901
$781,000
Ass'd valuation, real.. 93,252.197
Ass'd valuation.pers'l.
9,010,470
Total valuation 1900.. 102,262,667
County tax (per M.) 1900
$6-40
Population in 1900 was. ..165,571
Population in 1890 was. ..164,555

31*8,

4s, semi-an.,$105,000.Feb.l5,

When Due.

1914
1915
1916
semi-an
18 ,000. Mar. ,1917
Refunding War Bonds —

4s,
4s,
4s,
4s,

1,

Total valuation 1900.

. .

1 1 ,1 14,969

Oct. 1,1901 Assessment ia to 85 actual value
Oct. 1,1906 Total tax rate (per M)lS00.$16-59
Oct. 1,1911 Population in 1900 was
20,929
Oct. 1,1918 Population In 1890 was
17,336
paid at the National Park Bank of New York City.

—

—

42
ST*T£ AN©
A U a U ft IN
A itditdmcountyORLANDO LEWIS, Mayor. 1894
—
JAECKEL,
Cayuga

CITY SUf fl£M£NT.
LOANS—

>

Treasurer.
the city purThis city is the
County. In
seat of
chased the plant of the Auburn W. W. Co. for $425,000. At the same
time the city assumed the water company's bonds to the amount of
$112,000, which were refunded in June, 1895.
When Due.
When Due.
LOANS—
LOANS—
Southekn Central RR.— (Con.)
Sewer & Local Imp't Bonds25.000. ...Mar. 1. 1909
4, 439 & 5s $93,079 52... .1901-10 3s, M&S,
.

J

j. p.

Water Work8 Co.'s Bonds asSouthern Central RR.—
sumed bv Cirir—
3s, M&S, $20,000.... Mar. I, 1901
1901-1905
30,000. ..8ept. 1, 1902 5s, .... $41,000
48, MAS,
(Part due yearly.)
4s, M&S, 30.000. ...Mar. 1, 1903
Water Bonds 1894—
4s, M&S, 20,000. ...Mar. 1, 1904
20.000. ...Mar. 1, 1905 313s, J&D, $300,000... May 1, 1914
38, M&S,
40,000. ...Mar. 1, 1906 ($25,000 due yearly) to May 1,' 25
38, M&S,
3b, M&S,
40,000. ...Mar. 1, 1907 Bonded debt J an. 1, 1901.$682,079

Water debt (included) .... 344.000
on the railroad bonds is payable in New York City and
Auburn; on water bonds at the office of the Mercantile Trust Co.. N. Y.
ASSESSED VALUATION.— Lu 1897 property was assessed at actuai
value, against about 70 per cent previously,
Rate of Tax
sessed Valuation.

INTEREST

—

1900

per $1,000.

Real.

Personal.

Total.

$12,420,546
12,229,710
11,993.870
11,782,405
9,527.625
9,416,280
8,963,530

$1,798,767
1 ,069,462
1,573,993
1,661,501
1,555,529
2,039,003
2,057,810

$14,219,313
13,299,172
13,567,863
13,443,906
11,083,154
11,455,283
11,020,340

Tears.
..

1899
1898
1897

1896
1895
1890

POPULATION.-In

25,858; in 1880

it

1900 (Census) was 30,345;

$24-77
il-40
21-92
19-84
28-38
25-30

1890

in

it

was

was 21,924.

DE WITT, Mayor.
BINGHAMTON.-lr.rHUL-.. cierk.
i

Schools

,

.1899

19

7
7
7

7
7
7
7
7
6
3

station bonds in N.YCity.

On remaining loans,

BROOKLYN. —

See

New York

City treasurer's

office.

City.

BROOME CO.—John A. Rider, Treasurer.
County
seat

is

Binghamton.

*
WhenDue. Assessed

LOANS

$32,147,931
Court House Bonds—
Assessed val .personal 2,871,300
1901 to 1904 Total valuation 1900.. 35,019,231
4b, F&A, $40,000
Bond, debt Feb.21, 1901. .$80,000 Population 1890
62,973
Population io 1900 was....69, 149

^
BUFFALO. —
,_,„„,_

.

T

val., real

CONRAD DIKHL, Mayor.
< F. W. M. HEERVVAGLN, Comptroller.
( FRANK T. MOULTON, Deputy Comptroller.
(

Buffalo is in Erie County, and the city's tax valuation is about 87 that
of the entire county. [$111,544 bonds are advertised for sale Apr. 13.]
-Interest.
'
Principal
LOANS—
Rate Payable.
When Due.
NAME AND PURPOSE.
Outstand'g
1. City Loans— Various Purposes
Municipal building.... 1890 3m J & J July 15, '01 to 1905 $25,000
Deficiency, ref
1890 3m
& 8 Mar. 1902 to 1905
68,000
Swing bridge, ref
1887 3^ J & J
Jan. 1, 1902
45,500
Market
1890 Sm A & O
Apr. 1, 1920
80,000
Plank road award
1890 3
June 2, 1910
115,000
Ju e
°7
Befunulng bonds
1898 3m J & D {
84,548
? y e'arl y }
5
Grade crossing b'ds.. 1896 3*2 F & A
Feb. 1, 1916
171,000
do
do
1897 3*2
1917
577,927
do
do
Feb. & Mar., 1918
1898 3m
89,137
do
do
Apr.
1998 Sm
1,1918
200,000
do
do
Nov. 1, 1918
1898 3m
16,913
do
do
March 1, 1919
1899 3*2
& 8
18,703
do
do
June 1, 1919
1899 3 m J & D
285,187
do
do
1899 313 J & J
July 1, 1919
182,716
do
do
1899 3m
Oct. 2, 1919
75,455
do
do
1899 8m J & D
Dec. 1, 1919
335,772
do
do
1900 3*1 F & A
Feb. 1, 1920
45,799
do
do
June 1,1920
1900 3m J & D
45,799
do
do
July 1. 1920
1900 3m J & J
173,487
do
do
1900 3m F & A
Aug. 1, 1920
10,927
do
do
1901 8m J & J
Jan.15, 1921
55,918
do
do
1901 3m F & A
Feb. 1, 1921
5,070
do
do
1901 3i»
Mar. 1, 1921
141.516
Rerd'ggde. crossing. 1896 3m J & J
July 1. 1916
83,000
8. Buff flood bonds 1897 8m
1926-1927
73.000
Chio.Fire Relief Fu'd*1897 3m
1900-1917
45,000
Buffalo Charter loan.. 1891 3m J & J
July 1, 1901
142,830
Voting machine bds. 1899 4
July, 1900 02
41,250
Maln&Hamb'gCa.bd8l900 3m A & O
Oct. 1, '01-*20
450,000
Aug. 1, 1902
City and County Hall. 1872 7
100,000
May 1, 1903
do
do
1873 7
100,000
1873 7
Sept. 1, 1905
do
do
150,000
July 1, 1907
do
do
1874 7
J & J
200,000
Sept. 1, 1910
do
do
1875 7
125,000
Nov. 1, 1911
ao
do
1891 4
50,000
1
**ools
1888 31*
100,000

—

,

.

.-

M

J&D
A&O
M&N

M

A&O

M&8

A&O

F&A
M&N
M&S
M&S
M&S

F& AJ^;!^ ^,^}

*»
do
do
d°

1889 3>.
1892 3m
1894 81$

1895

3^

M&N{^.1.19 01toJ909
o

A & O
F & A
J

Apr.
Feb.

1,
1,

1912
1914

*D{^§ yO"gi"f|
7
& jiSoo9 7eartV

67f500
150,000
300,000

187,500

f

io

00

1897
1898

3m

J

31,

M&NJMg2,1901 a r9f8J

i

l

*«M>00
90000

-Principal.-

M&N

When Due.

$5,000 yearly. C
Mar. 1902-1919
J Dec. 1,1901-1919
$10,000 yearly. 5
May. 1901 1920
Nov. 1, 1901-'20

890,000
90,000
190,000
100,000
200,000

1915-'16-'17

M &
J

Outstand'g
Nov., 1901-1918)

350,000
50,000
100,000
100,000
95,000
100,000
100.000
200,000
100,000
80,000
120,000
50,000
200.000
100,000
50,000
30,000
44,000
30.000
8,946
46,750
5,525
23,750
225,000

J
I

S

& D

M&N
M&N
J
J
J
J

J
J

J

1918
July 1, 1919
July 1, 1921
Jan. 1, 1923
Dec. 1, 1924
Jan. 1, 1924
Jan. 1, July 1, '25
Jan. 1, 1924
Julv, 1910-1926
Feb. 1, 1927
Jan. 1, 1925
July 1, 1921
July 1, 1924 &*26
July 1, 1910
July 1, 1926
Jan.l, 1902-1917
$2,750 yearly.
April 1, 1917
June 1, 1917
Dec.1,1901-1917
$2,750 yearly.
Jan. 15, 1901 20
Mar. 15, 1902-20
J'ne 1,1901-1918
$12,500 yearly.
Jan.

& D
& J

J
J
J

3m F
3m J
3m J
3m J
3
3

3m
3m
3m
3m
3m
3m
3m

J
J
J
J

& J

&

J

J
J
J

&

J

& J

J

AD
&

M&

J

S

3m j & J
3m f & A
3m j & D
3m A & O
M& N
4
4
J & J
O
3m A
A
3m F
J
J
3m
J
3m J
O
3m A
J
3m J
D
3m J
J
3m J
J
3m J

Sewer Loans:—

Bird Avenue

1883

4

M&

1913
1913
June
1913
1915
Oct.
Nov.
1902
Jan.
1904
Apr.
1902
Feb.
1904
July
1914
Jan.
1906
1909
Oct.
July
1910
Dec. 15, 1910
July 1, 1911
July 1, 1912

May

do
1T1886-87
Babcock & Seneca St. .1886
do
do
Bailey Avenue
1888
Avenue
Hertel
1887
Tax Loans:
5.
1896
Tax loan
do
1897
do
1898
do
1899
do
1901

3

F

3

M& N
M& N

i

3m
3

3m
3m
3m
3m
3

238,000
285,000

1,
1,
2,
1.
1.
1.
1,
1,
1,
1,
2.
1.

1,

1913

Aug.l, 1901 to *20>

3m F &

3

75,000
75,000
75,000
77,000
75,000
75,000
75,000
75,000
75,000
40,000
100,000
100,000
100,000
100,000
100,000

Jan.
Feb.

N

Buffalo Trunk. ...H1888-90

6.

1,

Railroad loans:—

.

.

—

Payable

:

Buff.&JamestownRR.1893
do
do ref., 1893
do
do ref., 1893
do
do ref.. 1895
Buff. & Jamest'n RR., 1884
do
1885
do
Buff. & Jamest'n RR., 1888
do
do
1886
1894
do
do
Buff. N. Y. & Phil. RR., 1886
do RR., 1889
do
do
do ref., 1890
do
do ref., 1890
do
do ref., 1891
do
do ref.. 1892
4.

3m
3m

1900 3-*

Bonds for Parks

Park
1870
do
1871
do
1871
do
1872
do
1873
do
1873
do
1874
do
1875
do
1876
do
1886
do
1887
do
1890
do
1891
do
1894
do
1886
do
1886
do
1897
do
1897
do
1897
do
1897
,
do
1900
do
1900
Refimd'g Park Bonds. 1898
3.

.

1898 313
..1899 3m

do
do
do
do
2.

Rate

LXXII

Vol.

Interest.

-

name AND PURPOSE.

J.

This city is the county seat of Broome County, The water works
are estimated to be worth $2,000,000.
When Due.
Fire Station Bonds—
LOANS—
1913-'14-'15
Contingent Fund Bonds—
3ms, ....,$25.000
3»*8, M&S, $18,000... Sept ,'08-'25 31*8, .....
7,000
1901-1906
Albany & Slsq. RR. Bonds—
3ms, M&S. 15, 000.... Sept. 1, 1936
School Bonds—
3ms, M&S, $20,000. ..1901 to 1907
($3,000 due yearly.)
3ms, ....,$30,000
Bridge Bonds—
3ms, ..... 20,000 ... ..1923-1926
4s, S-A, $1,000. -Aug.l, 1901 to '02
Water Bonds—
1906 7s, F&A, $7,000
$33,000
48,
Aug. 1, 1901
77,000
1929 3b, F&A, 91,000... Aug. 1, 1907
3s, S-A,
1930-1934 3ms. F&A, 62,000. .Aug. 1, 1918
3ms, ..... 71,000
Aug. 1,1934 Bond, debt Anr. 3, 1901 $695,500
4,000
3ms
,
3ms, F&A, 40,000. .Aug. 1 1935 Floating: debt.
36,090
City Hall Bonds—
Water debt (included)..
160.000
4s, F&A, $25,000. .. Aug. 1.'15-'17 Tax valuation, real
19,121,670
4b, F&A,
20,500. .Aug. l,'28-'29 Tax valuation, personal 2,220,530
1918-1922 Total valuation 1900. .21,342,200
4b, .....
50,000
4s, F&A, 50,000.. Aug. 1, 1923-27 Assessment about % actual value.
Hospital BoNrs—
Tax rate (per M.). 1900
$24-10
1908-1912 Population in 1890 was
3ms, ....,$25,000
35,005
3ms, M&N, 5,000.. Nov. 1. 1907 Population inl900(Census) 39,647
On City Hall, water, * 148.000 bridge and $8,000 Are
INTEREST—
.

.

$15,000 yearly.

iAi^ffi:1!16
$10,000 yearly
1911
1912
1918
1917

165,000
30,000
30,000
200,000
200.000

1901
1902
Aug. 15, 1903
Oct. 2, 1904
Aug. 1, 1905

527,765
571.946
466,003
192,748
189,730

1903

200,000
100,000
100,000
300,000
79,382
50.000
100,000
100,000
100,000
100,000
50,000
100,000
57,500
275,000
100,000
225,000
145.0C0
150,000
100,000
50,000
100.000
100,000
100.000
140,000
50.000
100,000

\

May
May

1,
1,

July
Aug.

J

A
A
O
A
A& O
F & A

S

1,
1.

Dec,
Oct.

;

1.
l.

Water Bonds:

Water
do
do
do

1873
1874
1874
1874-75
1874
1880
1880
1885
1886
1887
1887
1888
1888
1888
1888
1889
1889
1890

do
do
do
do
do
do
do
do
do
do
do
do
do

7

S

7

o

8ept.

Apr.
1905
July
1906
Aug., 1908-09

J

7

A

7

O

7
4
4

1908
1904
Sept.
1904
July
1905
1903
Oct.
Moh.
1906
Apr.
1906
June
1902
June 15, 1908
June 15, 1914
Dec. 1, 1908
May 1, 1919
Oct. 1. 1909
J & J 1910
Jan. 1. 1911
Aug. 1, 1911
Nov. 1, 1911
Oct. 1, 1912
Deo. 1. 1912
July '01-1914
Jan. 1, 1916
July 1, 1916
Oct.

J
s
J

July

1,
1,
1,
1,
1,
1,
1,
1,

M&
3m J &
o
3m
s
3m
o
3m
D
3m
D
3m
J
3m
J
3m
3m M & N
O
3m
Water refunding
J
3m
do
do
.1891 3m
J
A
do
do
.1891 3m
.1891 4
do
do
.1892 3m
& O
do
.1892 3m
& D
do
do
do
.1894 3m
& J
do
do
.1896 3m
& J
do
do
1896 sm
& J
do
1901-1917. )
do
.1897 3m J & D
$20,000 yearly }
340.000
do
1901-1918.
.. .H1898
45,000
do
do
3m M & S
Apr. 1902-'19
90,00»
do
do
....U1899 3m A & O
Apr. 1902 '20
do
95,000
do
....1T1900 3m A & O
.... 1901
do
90,000
do
3m A & O Apr. 1. 1902-21
1TFREEDOM FROM TAXATION.—The Buffalo trunk sewer, the

fire relief bond* and the refunding water bonds of 1898, le 99
and 1900 are exempt from city taxation.
INTEREST— WHERE PAYABLE.— Interest on the bonds ispayable
by City Comptroller in Buffalo and by the Gallatin National Bank In

Chicago

New

York, as follows

•

Interest Payable.

In New York onlyVolunteer

relief.

Sewer bonds
Hertel Avenue.

Baboook & Seneca St.
Bird Avenue.

School bonds.

Swing bridge.
Market bonds.
Plank road awards.
Municipal Court b'ld'g.

«

In both N. T. & Buff.
Buffalo Trunk sewer.
City and County Hall.
Grade crossing.
Park & railroad bonds.
Refunding bonds.

In Buffalo only—
Deficiency loan.
Monthly local work.

Tax loans

Temporary

Bailey Ave. sewer.
Buffalo Charter, 1891.

Hamburgh

loans.

Sohool bonds.

Water loans.
Canal.

TOTAL DEBT, SINKING FUNDS, EtcTotal bonded debt
Sinking funds

Jan. X, 1901.
$16,382,841
1,269,560

$15,113,261
Netdebt
Water debt (lnol. above) $3,741,882

July 1, 1900.
$16,051,799
1,222,778

July 1, 1899.
$15,555,605
1,371,089

$14,829,021
$14,184,516
$3,754,382
$3,791,882
The sinking funds are all invested in the city's own bonds. In addition to the Indebtedness as given above, there was outstanding on
Jan. 1, 1901. $815,037 75 local warrants collectible by assessment.

5

ASSESSED VALUATION.— "Assessment is made upon the nominal
real value."
,

City Tax

Assessed Valuation.
Total.
Personal.
'$22,795,577 *$245,87 ,587
$223,078,010
236,96^,535
11,750,980
225,218,555
.

1900
1899
1898
1897
1896
1895
1890

$1746
18-21
18-04
14-18

245,674,630
15,249,110
230,4*5,520
247,388,275
16,689,465
230,698,810
1502
238,972,345
13,486.550
225,485,795
15'39
234.651,400
14,360,710
220,290,690
14-68
162,359,450
11,003,125
151,356,325
14-16
89.232.485
7,523,580
81,708,905
1880..
•Including special franchise val'n amounting (1900) to $13,390,762.
POPULATION —In 1900 (census) was 352,219; in 1890 it was
255,664; in 1880 it was 155,134.

CATSK.ILL. —X.

. .

$16,500

...

Jan., 1904-07

W. RICE,
V 1A. — w E. FITCH,President.
Village Clerk.
a.

r* a '^tt'tvt/^at-t a

O_AZ.JL.IN CJ
Cazenovia

in

is

5

1,

1901.

.

.

.$72,000

Population in 1890 was

OOJDl_.JLoJtVli_.JL..
This village

—County

loanssewer Bonds—

When Due.

F&A, $U,500

Feb., 1902

4s,

KILMER,

Treasurer.

in Schoharie

is

($2,000 due yearly) to Feb.

1,

1906

F&A. $53, 000... Feb.
(Part due yearly) to Feb.

1,
1,

1901
1917

Water Works—

3*88,

School Bonds—
F&A, $9,000

Total debt Jan. 1, 1901.. ..$71,500
Village has no sinking fund.
Tax valuation 1900 ...$1,382,000
State & Co. tax (per $1 ,000) .$2-40
City and achoo! tax, 1900.$12-00
1,822
Population in 1890 was

Population in 1900 was

2,327

Bank,

on sewer and school bonds is payable at First National
on the water bonds at the office of the State Comp-

Cobleskill,

troller,

Albany.

COHOES.— Miller Hat,
This
Albany County.
city is in

LOANS—

Chamberlain.

July 1,1901
$2,500
due yearly) to July 1, 1905
($5
July 1,1901
4s, J&J, $5,000
City Hall Bonds—
4s, Ann., $30,000,... Dec. 15, 1909
($5,000 due yearly)to Dec. 15, 1914
4b, ..... $70,0o<» ..Dec. 15,1915
($5,000 due y'rly) to Dec. 15, 1928
City Hospital Bonds—
1,1901
4s, .... $11, 000... July
($1,000 due y'rly) to July 1, 1911
4s, ....
$5 ,000.... July 1,1912

July

$5.000

4s

Water Bonds—

4s

(Part annually

This town (P O. Port Jervis)

1,

DELHI. —This town

COLLEGE POINT — New York
COLUMBIA CO.— George H. Mact, Treasurer.
County
Hudson.

& Oswego Midl'd RR.—

N. Y.

City.

. .

Armory Bonds—

4s.

M&8, $20,000

1903-1909

(*:f,000 yearly to

Mar.

1,

1908)

M&N,

.March, '09-'16
($5,000y'lyto'13inc.,$10.000to'16
Int. payable at County Treasury.
Bonded debt Mar.l, 1900.$179,600
Tax valuation, real.... $22,220,713
Tax valuation, personal 2,753,178
Total valuation 1900.. 24,973,891
Assessment is 4-5 actual value.
43,-211
Population in 1900 was
Population in 1890 was .. 46,172
4,

4&3138 Mar. 1, $6,000. Mar. 1, 1902
Mar. 1, $35,000. .1903-1909
($5,000 due yearlv on Mar. 1.)
313s, Mar. 1, $12,500. Mar.l,'10-'ll
3ia8, Mar.l, 20,000.Mar. 1, 1912-3
3»2S, Mar.l, 24, 100. Mar.l, 1914-8

3»99,

Fdnking Bonds—

Due.

CORNING.— Daton Gilbert,
Tills city,8ltuated in

LOANS—

City Bridge
4s,

F&A,

the town of the

Bonds—

When Due

$5,100.. .Feb.. 1902-1908

($850 due yearly.)

City
4s,
4s,

Hall Bonds—

A&O, $3,000
A&O, 25.000

Oct. 1, 1902
Oct. 1, 1903

($6,000 due yearly) to Oct.

1,

1907

River Bonds—
4s, J&J, $100,000. July l,'26to '35
($10,000 due yearly.)

1936-1939
J&J, $35 000
($10,000 annually 1936-1938 and
$5,000 1039.)

4b,

INTEREST

is

$55,000

4s,

1901-1908
Ann., $32,000
($4,000 due yearly on May 1.)
1910-14
3^28, Ann., $30,000
($6,000 due yearly on May 1.)
312s, Ann., $102,000.. May 1, 1915
Interest is payable at Albany.
312s, Ann., $16,000.. Feb. 1, 1902-9

1, 1900.
$246,000
Assessed val'n, real
$1,120,125
Assessed val'n, pers'l...
142,375
Total valuation 1899... 1,162,500
Assessment about ^ actual value.
Total tax (per $1,000) '99. ..$20-48
Population in 1900 was
3,243
Population in 1890 was
2,908

DANIEL SCAN NELL, May
— <W. BAUMGARTNER,
Chautauqua

in

.

City Clerk.

same name, is

in Steuben County.
City RR. Bonds—
Jan., 1902
7s, J&J, $34,000
City Sewer Bonds
7s, J&J, $50,000.. Jan., 1908 to '17
School District AT o. 9—
1903-1910
5s, M&S, $16,000
1911
5s, M&3,
1,000
1912-1917
4s.
12,000
1918-1931
4s, M&S,
26,500

—

Scho-il Disnict No. 13—
1902-1909
48, J&J, $8,00')
Tot. cltv debt Jan.l. 1901 .$315,600

Tot. valuation of city '00 3,621,397

Population, city, 1890
8,550
Population, city, 1900, was. 11.061
paid by the Knickerbocker Trust Co., New York.

}

C.

County.
Total debt Jan. 1, 1900.. $269,728
Total valuation 1899 ....3,104,183

Assessment same as actual value.
City tax (per $1,000) '99
$5 81

.

is

FRANK
FLOOD,
— <GEO. W. WYCKOFF, Mayor.
H.

Dr.

5

-

Population in 1890 was
9,416
Population in 1900 was... 11,616
City Clerk.

the capital of Cliemung County.

LOANS—

When

Bridge Bonds—

Funding D ebt Bonds - Con tin'cL

Due".

A&O, $90,000 g.

3 138,

Oct. 1,1922-3-4
($30,000 yearly.
A&O, $25,000 g .Oct. 1,'25

3*26

,

City Hall
3^8,

r,
3»as, r,
3*28, r,

4H8,
4i<8,
4148,

3Hss, r, M&S,$20,000 g.Nov.15, '28
3*28, r,
20,OOOg.Nov. 15. '29
414s,
M&S, 20,000 .Sept. 1,1931
4s,
M&S, 3.000 . Sept. 1 1 932
4s,
27.00L.
1,1932

M&N,

Bonds—
A&O, $5,000 g ..Oct 1, '25
A&O, 60,000 g.Oct. 1, '26-7
A&O, 10,000 g.Oct. 1, 1928
M&S, 5,000.. 8ept. 1, 1929

M&-* 30,000.. Sept.

3<«s,

RedeIiftion Bonds—

$235,000.. .1912-'21

School Bonds—
4s,
4s,
4s,

$12,000.. Jan. 1,1910
1.500. .Jan. 1,1910

J&J,

4s,

M&N,
M&N,

r,
r,

Aug.
4s,

,

($1,000 due yearly.)

Nov.

$8,000

1,

each,

b $500

$16,500

1911

M&N,

2,003 a-May 1,'U
20,000g.Mav 1, 'lO

20,000g.Mav 1,'U

r,

M&N,
4,000
M&N,
5,500
M&N,
8.000
M&N, 12,000
M&N, 21,000
M&V,
4s.
8,500
Sewer Bonds—
1908

8,000.... Nov.,1901-'08

a $1,000

,

r,M&N,

4s,
4s,
4s,
4b,
4s,
48,
48,

($1,000 yearly.)

M&N, $14.000a Nov. 1 1906
M&N, 6,000 a,Nov..l901-06
($1,000 yearly.)
3>«8,r, M&N, $20,000 a.Nov. 15.'07
4s,
M&N, 7,000a-Nov.l901-7
.

c,

3i28,r,M&N,

,

4s, M&N,
3*28, .-.,

1, 1907-8-9'

($10,000 yearly.)

1901-1904
,$4,000
21,000
1905
M&N, 5,000 ....a Nov. 1901-05

4s,
3*98,r,

$10,000. Julv 1. 1902
20,000 Julv 1,1903
28,500 July 1,1904
30,000a..

r.M&N,
r,M&N,

Funding Debt Bonds—
4s,
4s,
4s,

Nov

3*28,

M&S, 10,000.. Sept. 1,1931
Fire Department-

s', J&J,

,

.

M&N,

1930

1,

27,000
1901-1906
98,000 ....Julv 1,1930

Pavement Bonds—

1901-1902
1903

$3,000
2,000

27,000.... Oct. l,'01-'27

....

3>«8, ...,
3*48, J&J,

Cemetery Bonds—
4s,
4s,

Nov. 1,1909

3138, ...,$18,000

3*28, r,

r,

or.

Clerk.

Am<. Outsland'g.
School bonds
$89,000
Street improvem't bonds
64,608
Town bonds
2,000
Water bonds
123,600
Warrants
14,251

Elmira

$60,000

-The bonds are exempt from taxation,

P»TTlVTLrTT3Lr
LJUlN-fcViriJrV.
is

M&N,

Total debt Feb.

($2,000 due yearly.)

TAX FREE.

each,

r.M&S,
r,M&S,

3s,
3s,

g $5,000

tered.

seat is

When

is in Delaware County.
When Due.
Water Loan—

LOANS—

. .

LOANS—

Total valuation 1899... 2,376,831
Assessment about ^ actual value.
Tax rate (per $1,000) '99.. .$13-00
Population in 1890 was. ...11,483
Population in 1900 was ...11,317

'06 to '10, $6,000 from '11 to '15,
$7,000 from '16 to '20, $8,000
from '21 to '23, $9,000 from '24
to '26, & $10,000 from '27 to '29.)

1903.

. . .

1

Refunding Bonds—

-

'

Aug. 1, 1907
($5,000 due yearly) to Aug. 1, 1911
4s,J&J.$75,000(reg.)July 1,1920
Subject to call July 1, 1905.
1, 1923
4s, J&J, $14,000.... July
July 1,1905
Improvement Bonds
48, J&J, $25,000
4s,
Jan. 1,1905 ($5,000 due yearly) to July 1, 1909
J&J, $1,933
Jan. 1, 1902
3««s. i&J. 15.690.. .Jan., '29 to '31 4s, J&J, $13,000
4s. M&N.
6.000.. July l,'o2 to '04 ($1,000 due yearly) to Jan. 1, 1914
1, '98.. $428,402
1932-'39 Bonded debt Mar.
3 "a-, J&J, $40,245 88
249,000
Water debt (included)
($5,000 due yearly on Jan. 1.)
10,391.845
313s, J&J, $2,426 67.. Jan. 1, 1937 Tax valuation, real
3i«8, J&J, 36,906 45. Jan. ,1928-31 Tax valuation, personal 1,127,350
328,909
($6,906 45 iu '28 & $ 0,000 y e'ly.i Franchise tax
3»ae. J&J $18,438 ..Jan.. 1926-27 Total valuation 1900.. .11, 848. 104
City tax (per $1,000) '99... .$12-00
8chool Bonds—
6-60
July 1,1901 State & co. tax (per $1,000)
4s,
$15,«00
23,910
($1,000 due y'rly) to July 1, 1915 Population in 1900 was
22,509
4s, J&J, $15,0 JO.. July 1,*09 to '11 Population in 1890 was
INTEREST on 7 per cent water bonds is payable at the Nat. Bank of
Cohoes; on $^5,000 of 4% water bonds at the Manufacturers' Bank,
Cohoes; on all other bonds by the Central Trust Company.
See

Orange County.

is in

When Dwe Bond, debt Mch. 1. 1901. $187,000
Refunding Railroad Bonds— Assessed valuation. real. 2,252,131
3^8, F&A, $187,000.. Feb., '02-'29 Assessed valuation, per'l 124,700

LOANS—

. .

Subject to call July

Marvin, Ciiairman

Kailroad Commissioners.

1,1916

J&J, $26,000.... July 1, 1901
($2,000 due yearly) to July 1,1913
.July 1, 1901
7s, J&J, $10,000.
($1,000 due yearly) to July 1, 1910
4s, J&J, $65,000(oir) July 1. 1918

F&A, $25,000.

)

DEER PARK.—Francis

7s,

4s,

rate (per $1,000) '99. $8-17
Population of T'n 1900 was. .2,907

1901-1915

PT MTI3 A
E 1-,lvllr^-^1

School Bonds (Con.)—

When Due.

Cemetery Bonds—

Tax

(Part annually.)
4s, ....,$90,000

LOANS—

t$2,000 due yearly.)

INTEREST

•

iff

Tax valuation, personal.. 767,127
1901-1944 Total valuation, 1899.. .7,024,167

$44,000

This city
1907-'ll

3>98,

in

3^28,

<

)A. C.

is

3*28

1.987

TAX FREE.—All bonds issued by this village are tax exempt.
IRVING VAN VORI8, Mayor.
r^r^T-iT T?cT/Tr t

'->**-

When Due. Town debt Nov. I, 1900. $134,000
LOANS—
Tax valuation, real
TOWN debt6,257,040

$815,225

valuation, real

Water Bonds—
Tax valuation, personal. 134,550
949,775
31*8, MAN, $41,000... Nov. 1, 1914 Total valuation 1900
Assessment about 60% actual val.
Sewer Bonds—
4s, M&N, $31,000
May 1,1915 Total tax (per $1,000) 1900.$25-70
1.819
Population in 1900 was
Interest payable in New York.
Total debt Feb.

This

Madison County.

When Due. Tax

1,

7,000... Sept., 1902-03
3,192 ..Sept., 1901-06

CORTLANDVILLE.
Cortland County,
town

\

LOANS—

1914 Nor. School 4s ...$5,000
Union 8ch'13%s 20,000.May4.'12
Sewer bonds, 4s. 58.000
1914
1908-11 Bond, debt Dec. 15. 1900,$143,897
8,000 .. <'ct.,
Assessed valua'n 1900...5,052,670
1907
1,0 10.... Oct.,
8,590
8 000 ...Oct., 1915-18 Population in 1890 was
9,014
17,769....0ct., 1901-08 Population in 1900 was

$5S,000... Sept.

($4,000 yearly to '05 $5,000 from

-

Cortland County.

Paving Bonds (Con.)—
4s, .. ,$U,500
Apr. 2. 1908

paving BONDS4s.
4s,
4s,
4s,
4s,
4s,
4s,

Refunding Bonus—

is in

.

4s. Jan.,

When Due

loans-

City Clerk.

ville, is in

of

city, in the

K. Chadwick, Treapnrer.

the town of the same name in Greene County.
When Due. Interest on village bonds is payable
LOANS—
at the Catskill National Bank.
Village Hall Bonders. J&J, $11,000. Jan. 1909-1919 Village debtMar., 1901.. $143,000
Town debt Feb. 1. 1901 . 18,500
Village Water Bonds—
Village tax val'n, 1900.-2,860,506
($1,000 each.)
4s, J&J, $132,000 $5,000 due y'rly Town tax valu'n, 1900... 4,369,531
Population of village, 1890. .4,920
Town Iron Bridge Bonds—
June 1,1901 Population of village 1900... 5,484
4s, J&D, $2,000
Population of town 1900. ...8.566
Town Bonds—
This village

Geo. Clark,
CORTLAND.—Cortland
town
This

per $1,000.

Real.

Tears.

43

NEW YOBK-CITIES MID TOWNS,

April, 1901,

The only provision for paying the

city's

each,

Mav
May
May
May
Mav
May

i.'Ol
1,
1,

'02
'05

1,'07
1,

'08

1,'09

$20,000a.Sept.l,'01
10.000a.Sept,l.'02
c Coupon,
r Begis-

indebtedness as it matures
which are paid from

direct taxation, excepting the cemetery bonds,

is

cemeterv funds.

TOTAL DEBT.—The subjoined statement shows Elmira's
bonded debt on the dates indicated

total

:

Feb. 1,1901.

Total bonded debt

.

$1,077,000

Feb.1,'00.

Feb.1,'98.

Feb. 1, '99.

$1,008,500 $1,020,000 $1,026,000
valuation is about two-third*

ASSESSED VALUATION.— Assessed

actual value.

Real
Tears.

1900
1899
1898
1897
1895
1890
1880

1880

Properly.

$15,703,320
15,711,485
15,600,716
15,515,855
14,894,645
12,258,494
9.959.975

POPULATION— In
in

Personal

Estate.

it

was 20,541.

$1,912,238
1,530,726
1,588,637
1,818,690
1,545,892
1 116,20<<

511.300
1900 (Census) 3>,672;

City Tax
per $1,000
$17-12
$17,615,558
Total.

17,242,211
17.189.353
17,334,545
16,440,537
13,374,694
10.471.275
in

1890

it

16-95
16-98
16-98

1718
1415
131

was 30,993

ERIE COUNTY.—
County
seat

LOANS—

is

Buffalo

County Bonds—
7s,
7s,
6s,
4s,

When Due

J&J, $241 ,50'). July, 1901 to '07
J&J, 100,000
July 1.1910
M&N, 100,000 Nov. 1,191 I'll

M&N,
4s, M&N,

4S.JAJ,

14,000. Julv

6.000

1.

1901 -'04

July 1,1901
63.000. Nov.! ,1901 '09

F&A,

30,003... Aug., '02 to 12
(flO.ooo every fifth vear.i
Total debt Oct. 1, 1899. '.$604,500
Asaesa'd val'n, real .266,965,58*
Assessed Yarn, pers'l. 13.835,19?'
Total valuation 1900 .280,800.733
State & Co. tax (perM.)'9^...$4 95
Population in 1890 was .322.'
Population in 1900 wa# ..433.P9G
4s,

)

44
$W£ m$
FAR ROC KAWAY.- New York
FLATLANDS.-See

FLUSHING.—

seat

LOANS-

3ks, F&A., $15,000
City.

4s,
4s,

WARREN,

J

LOANS-

4s,

F&A, $55,000

($2,500 due y'rly)
4s.

Aug.
to Aug.

M&S. $30.000. Sept. 1. 1902-11
1901 Bonded debt Jan.l, 1901. $134,000
1,310,750
1922 Tax valuation, real
1930 Tax valuation, personal. 181,300

1,
1,
1,

Sept.

Village Hall Bonds—

Total valuation 1900.... 1,492,050
Assessment abt. 80% actual value.
Total tax (per $1,000) 1900.$22-00
3*28, Oct., $5,000. .Oct., 1901-1905 Population 1890 was
3,399
4,127
Population 1900 was
INTEREST on the water and hall bonds is payable in N. Y. City
and on the school bonds at the Comptroller's office, Albany.

A&O, $25,000
School Bonds—

1901-1925

TTTTT nrrMVT
r UL.1 WIN. — CALVIN R. DINES, Treasurer,
w p. hlLLICK, Cleri.
5

I

This village

is

.

Oswego County.
When Due. Aeses'd valuation,

in

LOANS—

Water Bonds—

$249,640

.

.

GENESEO.-W.

W. Killip,

Treasurer.

in Livingston County.

is

When Due. Tax
Tax

LOANS—

Sewer Bonds—

J & J, $10,000. .July

3*28,

pers'l.

Total valuation 1900
2,223,643
Tax rate (per $1,000) 1900.$27-86
4,214
Population in 1890 was
Population in 1900 was
5,281

3-40.", J&D, $200,000 .1905-1929
Bond, debt Feb. 20, '01 $267.-^00
Aseessed valuation, real. 1,974,003

This village

.

1910

1,

Water Bonds—
313s, M&N, $20,000... May 1, 1907
3^28, M&N, 25,000. .May 1, 1917
2,000... May 1.1902
4*28, M&N,
.

Total debt Dec.

i

valuation, real
$1,126,321
valuation, personal. 1,106,3 12
Total valuation 1900
2,232,633
Assesment about 45 actual value
Total tax (per $1,000) 1900 $7-38
Population in 1900 was
2,400
Population in 1890 was
2,286

1900... $58,000
Accrued interest on sinking fund not included in above figures.
INTEREST 011 tue 8ewer honds is payable in Schenectady on the

water bonds in

1,

j

New York

;

City.

GLENS FALLS.— Timothy
This village

is

in

Dillon, Clerk.

I.

LOANS—

When Due. Bond, debt Feb. 23, 1901 $379,000
Tax valuation, real
4,440,220
312s, J&D, $60,000... June, '05-'29 Tax valuation, personal. 1,765, 148
Total valuation 1900
Sewer Bonds—
6,205,368
Village Hall Bonds—

1912 Assess. valuat'n abt. % actual value
1907-1912 Vil. tax (per $1,000) 1900. .$11 72
Population in 1890 was .. 9,509
1902 Population in 1900 was
12,613
1903-1917
1901-1914
;

Water Bonds—
4s,
4s,
4a,

J&J, $10,000
60,000.
J&J,

M&S,

82,000

Interest payable rn Glens Falls.

—

Glens Falls Union Free School District.
When Due. Bonded debt Mar. 1, 1901.$30,000
LOANS—
5s, .....

1901 to 1906

$30,000

($5,000 annually on Dec.

nirCDCAnT
V H.JrtO V

1.)

Lxi_,LJ

T IT

11_.1_.I1..

—

>°-

-

Johnstown.

LOANS—

Deficiency Bonds
4s,

LOANS-

— When Due.

M&N, $28,000

May 1,

Railroad Bonds—

4s, A&O, $14,000
3i28, A&O, 22,000

1922

When Due.

1915
1911
Feb. 1, $2,800... Feb. 1, 1902 3*28, A&O,
1913
May 1,1906 S^s, F&A, 27.000.... Feb. 1,1917
5,000
1902
800
School Bonds—
Feb., 6,000. .. Feb., 1902-'04, 3»a8, Oot., $16,000. Oct. 1, 1901-04
Dec, 18.460 02..1901 to '04 3J49,Sept., 16,000. Sept.1,1904-07
Apr.
Apr.
23,000.... Apr.

Local Imp. Bonds—

4^28,
319s,
4*28,
4128,
4*88.
(V. 69, p. 1116, for maturity.)
4i*B, Feb., $1,700
1902 to 1905
4*28. Jan., 14.000
1 902-1906
(V. 71, p. 1323, for maturity.)

1,
1,
1,

Water Loan—

6s, Sept. 1, $23,000... Sept. 1,1902
6b, Sept. 1, 23,000. ..Sept. 1, 1907
5s, Jan. 1, 17,500... Jan. 1,1909
3s, J&D,
55,000.. June 1,1910
3*48, J&D,
50,000.. Deo. 1, 1917

Voting Machine Bonds—
Jan., 1902'05
4s, Jan.. $4,000
400
Jan., 1906
4s, Jan..
INTEREST on the water bonds issued in 1885 and 1889 and on the
school bonds is payable at the Fulton County National Bank of Gloversville on all other issues at the Fourth National Bank, New York.
TOTAL DEBT, Etc.—The city's total debt on March 1, 1901, was
$367,760; Water debt (included) $168,500. The city has no sinking fund.
WATER WORKS.—Net earnings from water works for vear ending
Dec. 31, 1900, was $19,949 63.
ASSESSED VALUATION was formerly % aotual value, but in 1897
was greatly increased.
Assessed valuation
Tax rale
;

Real.

Personal.

Total.

$5,550,525
5,546,090
5,425,005
5,429.663
4,020,139
3,933,335

$854,665
637,600
673,000
748,500
341,950
446,000

$6,405,190
6,183,690
6,098,005
6,178,163
4,362,089
4,379,335
3,649,232

Fears.

1900
1899
1898
1897
1896
1895
1890

State and oounty tax rate in 1900
$9-40; average sohool tax, $7-00.

POPULATION—The

13,864; in 1880

it

was

was

per $1,000.
$22-10
23-60
22-50
20-60
31-40

3120

M&S, $115,000. Mar.

1,

1902

is in

Delaware County.

Total valuation 1899
543,508
($600 due yearly on Feb. 1
3^8, Feb. 1, $13,000.. Feb. 1,1915 Total tax per $1,000 1899 ..$17-16
...1901-1914 Population in 1900 was
1,378
31*8, May 1, 19,600
1,507
($1,400 due yearly on May 1.) Population in 1890 was
312s, May 1, $32,000. .May 1, 1915
INTEREST is payable at the American Exch. Nat. Bank, N. Y. City

HEMPSTEAD.— Smith County,Supervisor. atown
Cox,
Nassau
but was formerly
Hempstead

is now atown in
in Queens Co., then including Far Rockaway.Hempstead, Inwood, Lawrence, Rockaway Beach and Seaford villages. On Jan. 1, 1898, that
portion of the town lying "westerly of a straight line drawn from the
southeasterly point of the town of Flushing through the middle of the
ckannel between Rockaway Beach and Shelter Island, in the county
of Queens, to the Atlantio Ocean," became part of New York City,

New York Charter. This boundary was changed by
the Legislature in April, 1899, and the new boundary is that portion
of the old town of Hempstead " bounded on the east and north by
the east and north bounds of the former village of Far Rockaway,
and on the east by a line drawn due north from the northwest corner
of said village to the south line of the town of Jamaica, as it existed on
the thirty-first day of December, 1897." The bonds given below are
those remaining as a debt against the town after assigning to New
York City the portion belonging to it according to a deoision of the
Supreme Court of the Third Judicial District at Albany Dec. 9, 1899.
See V. 69, p. 1357.
When Due. Assessed valuat'n, reaL^SAGd^H
LOANS—
under the Greater

Road Bonds—

Assessed valuat'n, pers'l 398,300
July 1, 1901 Total valuation 1900.... 8,867, 517
July 1, 1923 Tax rate (per $1,000) 1901. $1540
27.066
1, '01. $303,000 Population in 1900 was
Population in 1890 was
23,756
(For debts of Hempstead School Districts see "Additional State-

J&J, $10,000
J&J, $293,000
Bonded debt Mar.
4s,
4s,

ments" at end of New York State.)
INTEREST on the road bonds due 1901 is payable at the Freeport
BanK and on those due in 1923 at the First Nat. Bank of Hempstead.
TOWN PROPERTY.— In addition to the Stewart fund ($400,000)
derived from the sale of common lands to the late A. T. Stewart, the
old town of Hempstead owned Long Beach and some thousands of

meadow

land.

HERKIMER. —
LOANS—

is in Herkimer County.
School Bonds—

This village

When Due.

Electric-Light Plant—
$14,000

4s, June,
4s,
3!2S, ....

5s

$16,'

00

1917

Water Works-

1911

July 1, $50,000. June25, 1908
July 1,
7,000. Mar. 7, 1904
Total debt Dec. 1, 1898.. $142,000
Sewer Bonds
$25,000.... Aug. 1,1903 Assessed valuat'n 1898.4,448,018
5s
312s, .... 30,000.... Aug. 1,1913 Assessm't is at actual value.
Population in 1900 was
5,555
INTEREST on the eleotrio-light bonds is payable in New York City;
on the water bonds at the State Capital, Albany, N. Y,
13,500

3*28,
312s,

l:-s,000

-

HORNELLSVILLE.—M.
This
Steuben County.

B. Smith, Clerk.

7,133; in 1870

LOANS—

When Due. Bond, debt Apr.

1, 1901. $164,500
Assessed valuation, real 4,1 52,425
1917-1926 Assessed valuation.lper'l 388,496
Total valuation 190u
4,540,921
($10,000 yearly on May 29.)
Assessment about aotual value
Park Bonds—
July 1, 1911 Tax rate (per $1,000) 1900. $24-64
4s, an., $50,000
Population in 1890 was .. 10,996
Paving Bonds—
6s, ann., $9,000 .Oct., 1901-1903 Population in 1900 was. ...11.918
1901-1903
5,500
6s, June,

Sewer Bonds—
4s, M&N, $100,000

The city of

was

4,518.

1897, the
see for

of

M&N,

When Due.
1,
1,

1905 14
1912 16

($2,000 yearly).

$6,000

($2,000 due yearly) to

22,000. July

4s, July.

It is the

county seat

Refundivg Water Bonds—
F&A, $10,000.... Feb. 1, 1903
4s,F&A, 10,000.... Aug. 22, 1908
Aug. 22, 1909
4s, F&A, 10,000.
Refunding Loan—
F&A. $4,50O.Fob. 10, 1 903-04
4s,
3>28, A&O, 10,000... .Oct., 1903-20
(Exempt from all taxes.)
ScnooL Bonds—
4s,

May 1, 1918
May 1, 1920
Deficiency Bonds—
May 1, 1902
4s, May, $10,000
4s,

Clerk.

Incorporated in 1785.

LOANS

1,

1901-'12

1,

1904-'08

. . .

4s, Feb.,

$4.000

Feb.

1,

1907

4s, F&A. 20.000.. Feb 1, 190S '11
Funding Bonds—
7s, F&A, $2,500. Feb. 10, 1903-'12 3128, Aug., 6,000. .Aug. 1, 1905-'06
Street Improvement Bonds—
Bonded debt Mar. 1, 1901 $269,500

4s,F&A, $25,000.. Feb.

4s, F&A, 25,000. ..Fob. 1, 1909'13
4s, Feb., 19,000.. .Feb. 1, 1914-*23
4s, M&S. 25,000.. Mar. 1, 1915-'27
312s. Aug., 6,000. .Aug. 1,1908-'13
4s, F&A, 15,0OO.Fet)., 1914 to '16
4s, F&A, 10,000. . . .Feb., 1917-'18

INTEREST

TON
-

is

*

S.

}L. G.
is in

loans-

Sinkinsrfund.

NetdebtMar. 1,1901....

6,000
263,500

Ass'd valuation, real
4 ,064,975
Ass'd valuation, pers'al.. 1,056,940
Total valuation 1900
5,121,915
Assessment about *% actual value.
Tax rate (per M.) 1900.. $24-4039
Population in 1890 wa«
9,970
Population in 1900 was
9,528
payable in Hudson at the office of the City Treasurer.

5C

TT
1J-,iv-' i

JEPSON,

Treasurer.
Clerk.

GETMAW,

Herkimer County.

School Bonds—

When Due.

1906
,$10,000
Julyl, 1922 4s, .T&J.
7,000. July, 1901 to *14
Subject to call after July 1, 1912 Bond, debt Jan. 1, 1901. $196,500
Tax valuation 1900
1,490,933
Sewer Bonds—
1901 to 1907 Real valuation
3,000.000
$14,500
4s,
1914 Tax rate (per $1,000) 1900 $38-00
30,000
3s,
1908 to 1911 Population in 1890 was
10,500
4,057
4s
Population in 1900 was
5.138
($2,500 yearly on July 1.)
Electric Light Bonds—
3i«s, A&O, $30,000 Oct. 20. '01-30
is,

J&J, $95,000

,

Greenbush

8.

X

Cemetery Bonds—
4s, F&A, $20,000. Feb.
4s, A&O, 10,000. Feb.

,

of debt.

Treasurer.

R.

5

.

of Columbia County.

,

City.

-zO.)

ALEX. BENSON,
—was HALLENBECK,
WM.
Hudson

LTTTF»cn\T
U UbUlN

tr±

water Bonds—

It

.

($2,000 yearly on June

was

population in 1900 was 18,349; in 1890 was

to Rensselaer,

This town

When Due- Total debt Sept. 1,1900.. $73,000
Refunding Bonds—
Tax valuation, real
488,122
1902-1914 Tax valua'n, personal
3^28, Feb. 1, $7,800
55,386

This village

$5*70; oity tax, proper,

GRAVESEND. — See New York
GREENBUSH. — In May, present name
which
amount
changed
was

1902

city is in

L EVEREST, Chamberlain.
}m. V. B. STETSON, Clerk.
Gloversville, which is situated in Fulton County, was incorporated
a city March 19, 1890, having theretofore formed part of the town of
/— T

1,

acres of

Warren Countv.

3^23, Sept.,$25.000
3*28, Sept. ,142,000

May

\

Tr.

loan is
State taxes.
Total debt Feb. 1, 1901. $135,000
Turnpike debt (add'nal..
18,350
Tax valuation, real
11,861,586
Tax valuation, personal 1,499,160
Tax valuation 1900
13,360,746
Tax rate per ($1,000) 1898. ..$8*84
Population in 1900 was
31,478
Population in 1890 was
31,598

LOANS—

4s,

3ias,

Feb., 1902-0?

HAMDEN. —

President.
Treasurer.

Street Bonds—

When Due.

M&S, $20,000

F&A, $1,500

3*28,

Cliautauqua County.

Water Bonds—

LXXII

Interest payable at Co. Treasury.

PDmnMTA
is in

1905-1918

.

M&N, 1,850
War Loan—

J.
r JreH,lJL->iN 1A. — $h. A. CUMMING,
L.

This Tillage

When Due.

(V. 72, p. 500, for maturity.)

New York City.

See

is Catskill.

Tornpike Bonds —

City.

New York

Vol.

GREENE COUNTY.—Judson A. Betts,
County
The war
exempt from

City.

See

FL ATBUSH.— See New York

CITY SUf ft£M£NT.

4s

—

—

NEW YOW— CITIES

1901.

April,

ITHACA.— Chester 0.

Assessment about

actual value.
Total tax rate (p. $l,000)'99.$24-30
Population in 1900 was. . .13,1*6

J&J,$125,000. July 1,'06 to'26
City and Town RR. Aid—
1901
7s,
$100,000
$44,000
School bonds
21,401
Paving bonus
4s, g,

A/rccTnUT-M
CJ W JN
AMEb Chautauqua—
1

This city

.

\

11,079
Population in 1890 was
For School District debt see Additional Statements end N.Y.State.

LOANS—

E JOHNSON, Mayor.
B. SHAW, Treasurer.

T-

-

Paving certificate Fund
Dec, 1901
$15,160
5s,
Dec, 1902
12,160
5s,
48,960 ..Dec. 1903'08
4s

. .

A&O, $13,000

When Due.

LOANS-

When Due.

Paving Bonds—

,

,

($8,160 due yearly.)
Dec, 1909
$6,6«0...
....Jan. 1910
1,470
4s,
Certs, of indebt., $4,500.Apr. 1/10
4s

,

,

School Bonds—
1,1905
June 1, 1915
4s, J&D, $83,000
1, 1907
Apr. 1. 1909 Bond, debt Feb. 25, '01. $427,300
10,000
Oct. 9, 1907 Floating debt.
84,440
Nov. 1909 PaviDg certificates
511,740
Jan.
1910 Tot. debt Feb. 25, 1901
Oct.

J&J,

Jan.

3,000
A&O, 18,000
3ifi8, A&O, 6,00J
3»*8, J&D, 11,700
3i«s, J&D, 6,100

CHA8.

Sewer Bonds—

Total valuation 1900. .10,867,811
Assessment about actual value.
Total tax (per $1,000) 1900.S22-68
Population in 1900 was
22,892
Population in 1890 was
16,038

A.

FOX,

City Clerk.
City Treasurer.

Herkimer County.

Water Bonds— (Continued)

When Due.

School Bonds-

$105.000
30,000

1917
1918
50,000... 1907 to 1916
$15,000 3Hss.M&N", 10,000... May 1, 1920
School dist. loan 3*3%
($1,000 due annually on Nov.15.) Total debt Sept. 1, 1900. $4m4,000
$4,000 Water debt (included)... 33%000
Floating debt
Total valuation 1900
4,707.390
($2,000 due annually.)
Assessment is at 60% actual value.
Water Bonds—
July, 190' Total tax rate (p. M.) 1900..$18*45
s, J&J, $6,000
1906 Population in 1890 was
8H.000
3iss,
8,183
1916 Population in 1900 was.... 10,381
40,000
3^8
3*88,

,

J&J,
J&J,

,
,

.

JOHN

City Hall Bonds—
.Mayl5, 1925
4s, M&N, $65,000.
Electric Light Bonds—
June 1, 1901
4s, J&D, $30,000
Deo. 1,1903
4s, JAD, 32,000
Fire Department Bonds—
Dec. 1,1903
4s, J&D, $7,000
4s,
4s,
4s,

23

County.

in

is

5

{

Exempt valua'n, 1900.. 10, 212.500 3^s, July, $65,000.. July 1, 19"3
Unexempt valu'n, 1900 7,500,000 ($2,000 due yearly) to Julv 1, '35.

Sewer Bonds—

1
J a

in

is

LOANS—

t-

1916 to 1926
$20,000
($2,000 due yearly).

43

This city

in

is

LOANS—

WARREN,

H. W.

LITTLE FALLS.—

Platt, Clerk.

Tompkins County.
$16, 42
When Due. Miscellaneous bonds
Total debt March 1, 1900.227,016
Bridge Bonds—

This city

45

ffln TOWNS,

npr/DADT —

t
L.LJLvJkvJ-'Orei

This city

is

>

VAN VALKENBURGH, Clerk.

T. N.

\

j. c.

.

Harrington,

Treasurer.

situated in Niagara County.

When Due.
LOANS—
Fire, Highway & Lighting Bds
M&N, $5,800
May 20, 1901
($1,450 yearly) to May 20, 1904.

4s,

.

Water Bonds—
3V, M&N,$16,000

02.NOV. 1, 19 il
($2,666 67 yearly) to Nov. 1, 1906
1902-1908
4s, J&J, $7,000
($1,000 yearly on Jan. 1)

Union School Bonds—

M&N, $120,000.. Nov.
($10,000 due v'rly) to Nov.
$5,000.. Nov.
3*29, M&N,
3^8,

1,
1,
1,

Intermediate School Bonds-

M&N, $10,000 ...Nov. 1, 1916
Interest pavable at City Treasury.

Is,

Bonded debt Mar.

1, '01.

$232,245

Sinking fund
5,000
Net debt Mar. 1, 1901
227,245
Total valuation 1900
7,544,522
City tax (per $1,000) 1900... 13 -37
Population 1890 was
16,038
Population 1900 was
16,581
. . .

1902
1913
1914

.

3*38, M&8, $50,000... Mar. 1, 1923
48, J&D, 111,000. ...Dec. 1,1923
50,000.... May 1, 1917
4a, J&D,
20,000... Mar. 15, 1918
4s, J&J,
1920
3«ss, J&J, 20,000

NTEREST on the Fire Department bonds, on the paving bonds due
1909 and on $10,000 paving certificates is payable at the Chase National Bank, N. Y., and balance of paving certificates at the Union
Trust Co Jamestown; on all other loans at the Treasurer's office In
Jamestown.

Included in the above is a debt of $69,445 for local improvements,
which is payable by special assessment. The city owns $10,000 worth
of stock of the Lockport Hydraulic Co.

LONG ISLAND CITY.—

See

New York

City.

I

,

JOHNSTOWN,
Fulton

5

JOSEPH A COLIN,

Chamberlain.

IF. BOGASSKIE, Clerk.
This city is in
County. [The city is responsible for part of
the debt of the old town of Johnston n which on March 1 aggregated $10,000.]
When Due.
Water Bonds— (Con.)
LOANS—
Local Impt. Bonds—
6s, ... , $4O,50O....1903&1908
1901-05 4s, A&O,
5s
19 000.. Apr., 1902'20
$9,793 36
1902-05 Bonded debt Feb. 21, '01.$315,000
5s, ...., 31,327 21
(V. 72, p. 402, for maturity.)
Water debt (included)
181,000
School Bonds—
Assessed valuation, real.3,234.,218
4a, J&D. $22,500... June 15, 1914 Assessed valuation, per'l. 662,100
($2,500 due y'rly) to June 15, 1923 Total valuation 1^00 ...3,896,318

MAMAKATING.-C.
This town

Wurtsboro) is in
When Due.
LOANS—
Refunding RR. Bonds.
4s, J&J, $21,000.. July 1, 1901-'03
4s, J&J, 24,000. .July 1, 1904-'06
4s, J&J, 27,000.. July 1, l907-'09
4s, J&J, 40,000.. July 1, 1910'13
Total debt Apr. 1, 1901. $112,000

Mechanicsville

Water Bonds—

Tax rate (per M) 1900
2550
1900-1918 Population in 1900 was.... 10, 130
on school bonds payable at the Johnstown Bank.

$122,500

INTEREST

ICINGS CO. — See New York City.

KINGSTON
" nu,J

5
$

x v-'i.x.

This city

JOHN
JOHN

T.

Interest.

name AND PURPOSE.

Rate.

Refunding
do

4
4

do
do

3
3

Refunding WallkillVal.RR.

Principal.

-

When Due.

Payable.

J&J
J&J
J&J
J&J
F & A

3»a
($6,000 in 1902; $9,000 in 1903

Water bonds, 1896

—

Jai.
Jan.
Jan.
Jan.
Feb.

j

4

$8,000
50,000
36,500
31,500
169,000

190210

and $2?,000from 1904

3*2 semi-an.

do
d0
1897
Promissory notes

1,

.

Outstand'g

15, 1902-03
15, 1911-12
15, 1914
15, 1915

to 1910.)

(^oooVearfy.

\

^"-^-^e^OOannuaUyj

600 000
'

150 000
21,493

TOTAL DEBT—

VALUATION

POPULATION—The population in
it

was

1900 was 24.535;

1890

it

was

18,344.

LANSINGBURG.—

See City of Troy.

Dist. No. 1.—

Treasurer Board of Education. While this district is
boundaries of the City of Troy, the district
organization remains a separate corporation within that city and the
city authorities have no jurisdiction in the matters of the school disJ. Shelllday,

now Included within the
trict.

When Due. Total debt Feb. 1,1901.. $62,000
LOANS.
4s, J&D, $i8,000 Dec. 1, 1901 to '14 Tax valuation 1900
6,583,491
$2,000 due yearly.
4s, J&D, $34,000
1915 to 1931
($2,000 annually on Dec. 1.)
Int. payable in New York City.

This town

is in

|

Assens't about 94 p. c. actual value
School tax (per $1,000) 1900.+588

Value of sch. prop'y,1900..$150,000

W. H.

Kelly, Supervisor

Niagara County.

LOANS-

Total valuation 1899... $1,585,185
Assessment about actual value.
5s,
$13.000
Tax rate (per$l,000). 1899.$14 85
4^s
170,000...
Population in 1890 was
2,577
Bonded debt Apr. 1, '00. $179,000 Population in 1900 was
3,221
INTEREST is payable at the Bank of New York, N. B. A.

Railroad Aid Bonds—

LIBERTY. —This town
LOANS-

N. Y.

& Os.

is in

Sullivan County.

When Due. Total valuation 1899
$925,859
Mid. RR.—
Tax rate (per $1,000) 1899.. $2 -21

J&J. $103,000
Assess't about 60 p.c actual value.
Bond, debt Auk. 25, '00. .$103,000 Population in 1890 was
3,357
Assessed valuation
846,509 Population in 1900 was
4,568
Assessed valuat'n, pers'l. 79,350
TAX FREE.— All of the bonds Issued by this town are tax exempt.
INTEREST is payable at Sullivan County National Bank, Liberty.
4s,

When Due.

M&N, $30,000
M&N, 52,000

May
May

1917
1922
4e, Nov., $37,850. Nov. 1, 1901'38 Bonded debt Mar, l.'Ol. $217,850
Sewer Bonds—
Water debt (included)
140,000
4s, A&O, $40,000
Nov. 1, 1925 Tax valuation 1900
1,700,000
Water-works Bonds—
Population in 1890 was
2,679
5s, F&A, $35,000
Aug. 1, 1903 Population in 1900 was
4,695
4s, M&N, 23,000
May 1,1912
48,
4s,

1,
1,

This city is in Orange County. Bonds issued jointly by this city and
the town of Wallkill are included in the following statement.
Interest.
Principal.
LOANS Rale. Payable.
WhenDue.
Outstand'g
NAME and PURPOSE.

—

-

R

-

,

April

fhlS&iowfo I Wan k in3^
i

,

,

$60,000
12,000
40,000
12,000
100,000

$10.000 pd. y'rly

J&J July 1,1911
1891
F&A Aug. 1,1911
3*2 M&8
1893
Mar.
1913
313 J&J
1888
July
1918
Redeemable at pleasure of city July 2, 1898.
1890
3*2 M&N
Mch.
1910
313 F
1893
A Feb.
1913
3»« F&A
1901
Feb. 1, 1931
'02-21
1901
3-* F&A
Feb.

Water bonds, 1881
do
do
do

4
4

1,
2,

do
do
do
do

<fc

75.000
10,000
100,000
90,000

1,
1,

1,

INTEREST

paid at city treasury.

is

TOTAL DEBT, Etc. The total bonded debt on Maroh 1. 1901'
excluding bonds issued jointly with town of Wallkill, was $269,000
Payments are made annually towards retirement of the $12,000 water
bonds of 1911.
1900 the assessed valuation of real
about Hi of actual value, was $4,173,697; of personal property,
$289,193; franchise, $81,350; total, $4,462,890; total tax rate (per
estate,

$1,000), $30-42.

POPULATION— The population in 1900 was 14,522:

11,977; in 1880 it

was

County seat

J.

LOANS—

Court House Bonds—
1904-1920
3 ^s.F&A, $850,000
($50,000 due yearly on Feb. 1.)
Total debt Feb.21, 1901. $850,000
137,131,252

val., real

INTEREST

Hamilton,

B.

Rochester.
Wlien Due.

is

in

1890

It

was

8,494.

MONROE CO.—
Assessed

LEWISTON.-J.

Treas.

ASSESSED VALUATION— In

Lansingburg Union Free School
W.

in

LO A N S—
School Bonds —

'

4
Mar.
March, '00'04
All the refunding bonds are optional and are now subject to call.
The total debt on Feb. 15, 1901, was $1,066,493,
including $750,000 water debt and $^1,493 promissory notes.
In 1900 of real estate was $10,703,816;
ASSESSED
personal property. $1,800,872; total $12,504,688; tax rate (per
$1,000) 1900, $18-00. Real estate is assessed at " about 80 per cent
of its actual value." In 1880total assessed valuation was $6,577,904.

21,261; In 1880

Bryan,

MIDDLETOWN.-I T£S3g&: SSE.™

the capital of Ulster County.

is

LOANS—

-N. T.

in Saratoga Co.

INTEREST on the school bonds is payable at the First Nat. Bank,
Mechanicsville; on others at the Hanover Nat. Bank, New York.

GREGORY, Treasurer.
CUMMINGS, Clerk.

H.

is

Supervisor.

Sullivan County.
Assessed valuation 1900. $670,056
Assessment abt.80 p.o. of full value
Population in 1900 was
3,128
Population in 1890 was
3,401
Village Wurtsboro Wat. Bds.
4s, A&O, $7;000 ....Oct., 1902-'15

MECH ANICSV ILLE

. .

4s

(P. O.

W. Piper,

Treas.

Assessed val'n, per'l.. $10,580,435
Total valuation 1899.. 147,711,687
Assessment aliout 4-5 actual value.
Tax rate (per $1,000) 1900.. $4-46
Population in 1900 was.... 217, 854
Population 1890 was
189,586

and principal payable at the Am. Ex. Nat. Bk.,N.Y.

City.

MOUNT MOn^lS^i^I^mZ^^^'
town
This

is

in Livingston County.

LOANS—

When
Railroad-Aid Bonds—

Dice.

7s, A&O,
4s, Feb..

$55,033
1901
10,000
1902-1911
($1,000 yearly on Feb. 1.)
Bonded debt Mar. 1, 1901. $66,033
Sinking fund assets
11,000
NetdebtMar. 1, 1901...... 55,033

INTEREST

is

Assessed valuat'n, real.$l,838,191
Assessed val., personal.. 139,415
Total valuation 1900. ...1,977,606
Assessiu't about 90% actual value.
Tax rate (per $1,000) 1900. ..$9*68
Population 1890
3,761
Population 1900
3,715

payable at the National Park Bank,

New York

MOUNT VERNON.-jK HOYTR fe
Mount Vernon
The

City.

ptroller

is

in Westchester

on March 22. 1892.

County.

-

city received its oharter

—

5

46

STy*T£

LOANS-

$184.000

F&A,

58.
5s,
5b,

When Due.
LOANS—
Tax Relief Bonds— (Con.)
1901-1902 4b, F&A, .f29,000
Feb. 1, 1903
.

50,000.... Aug. 1,1903
21,000.... Mar. 1, 1904
40,000.... Aug. 1, 1904
25,000.... Nov. 1,1904
35,000. . .Mar. 1, 1905

58,M&S,

F&A,

M&N,
M&S,

01TY

When Due.

ASSESSMENT BONDS—
5s,
5s,

/W

3»*8, ... ,
4s,
....

40,u00....NoV. 20, 1903
60,000.... Sept. 25,1903

46

45,000.... Jan. 2,

1901

Redemption Bonds—

5b, K&A., $4,000
Aug. 1, 1905
1905 4s, ... 59,000
1906
Feb. 1,1905
5,000
48, F&A, 40,000.... Feb. 1,1905 4s, FAA.
Bond. debtFeb.21,1901.$l,fr98,300
28,000 .. Apr. 2, 190
48, A&O,
23,074
48.J&J, 59,000... July 24,1905 Sinking fund
feO.000... Dec. 1,190S Net debt Feb. 21, 19* 1. 1,975,226
4s
Highway Bonds—
Board of Education
$10,000. Aug. 1, 1906-'07
bonds (included)
265,300
4s,
1908-1939 Assessed valuat'n, real. 22, 707, 843
320,000
4s,

48

.

40,000

,

,

,

,

,

Assessed val., personal 1,078,834
Total valuation 1900... 23,786.677
Tax rate (ner$l,0> 0)1900 .$15-53
Population in 1890 was
10,830
Population in 1900 was
20,346

($10,000 yearly.)
$40,000. Nov. 1, 1940-'43
J&J, 30,000... July, 1944-'46
J&J, 20,000.. .July, 1947*48

M&N,

4b,
4b,
4b,

Sewerage Bonds—

School Bonds City of Mt.

J&D, $30,000. June, 1901-1907
J&D. 110,000. June, 1908-1918
June 1,1919
J&D, 5,000
A&O, 20,OOO..Apr. 1, 1919-'21
3^s,M&S, 30,000. .Mar., 1922-1924

48,
4s,
4b,
4s,

Vernon—

Jan. 2, 1905
45,000
May 1, 1909
($5,000 due yearly to May 1, 1917.)
4s, J&J, $105,000... July 1,1918
($5,000 due yearly to July 1, 1938.)
3*s8, F&A, $50,000.. Feb.,1939'48
School Bonds, District No. 5—
4s,
Mar. 1, 1902
,$25,000
($2,000 due yearly to Mar. 1,1913.)
4s
,$12,000.. ..Aug. 1,1901

3»«s,M&N,60,0'.jO..May, 1925-1927
3i*s,F&A,50,000
Feb. 1. 1928

Bridge Bonds—
5b, ...

1921-1923

,$30,000

Tax Belief bonds—
Sept
58, M&S, $50,000
5e,
5b,
5b,
4b,

J&D,

1,

1901

29,000.... Dec. 1,1901

M&S, 32,000
A&O, 60,000
J&J,

J&J, $5,0C0

4s,
4s,

M&N,

Mcb. 1,1902
$1 ,500 (yearly to 1908.)
Oct. 3,1902
School Bonds, District No. 4—
Jan. 2, 1903 4*28
$21,300.. Sept., 1901 '08

28,000

NASSAU CO.—H. M. W. Eastman, Treasurer.
Created
Queens County

Jan. 1, 1899, out of that portion of
not
Included in the Greater New York For debt, etc., prior to formation.
Bee Queens County statement.
When Due. Floating debt
$82,676
LOANS—
3i«B, g, M&S, $65,000. Sept. 1, 1930 Assessed valua'n, real.. 22,495,862
Court House Bonds—
Assessed v'n, pen-mal. 1.675,816
3 ^s,g, J&J. $100,000 July 1,1929 Total valuation 1900. 24,171,678
Bond, debt Feb.l, 1901.$1, 170.H53 Population in 1900 was..... 55,448
(Above includes Nassau's propor-

Queens County

tion of

debt.)

JONATHAN
W — $d. COUTANT,WILSON, Mayor.

W

TUTT\X7T3TTT3<~
IN H.
DUrlUrl,

D.

J

Clerk.

J.

is in Orange County. The
bonds Is met by water rents.

and interest on the
The Chambers Creek bridge bonds
Newburg and town of Now Wind-

This city

water
were issued jointly by the
sor, to

city of
paid in proportion to the taxable property of each.

be

LOANS—

When Due.
LOANS—
Improvement Bonds—
3*28,
,$24,800 .... 19021909

When Due.
Bridge (Chambers Creek) Sept. 15, 1901
4s. M&8,*$5,000
4s, M&S.
1,000... Sept. 15,1902
City

($3,100 due yearly.)

Hall—

4b,

A&O,

4b,

A&O, $7 ,000... Apr.

$6,000... Apr.

1902-13

3%8, M&S. $21,33 S.Sep. 1, 1901-09
(f2.66bdue vearlv.)
3^8, M&N, $14,022. Nov., 1901-09

1902-15

1,

($1,558 due yearly.)

($500 yearly.)

Globe
3s, Ann.,
3s, Aug.,

principal

1,

Water Bonds—

($500 yearly.)
Ftjni>—

$25,170
1.437.

4a,

5, 1935
.July 20. 1943

M&S, $1,500. .Sept.

Aug.

. .

4s,

Pa rk Bonds—
4s,

J&J, $7 ,000... June

3*28,

3^8,

J&J,

1901-*14

1,

($500 yearlv.)
$10.000.July

M&N,

10,000. May

48,
48,
48,
4s.
48.
4s,
4s,

1915
191C

1.
1,

M&N, $6,945... Jan. 1,1902

05

($1,736 yearly.)
4b, J&J, $8,711. ..Jau. 1, 1902-06
($1,742 yearly.)
Jan. 1 1902-06
4s, J&J, $7,274.
($1,455 yearly.)
,

.

Sewer Bonds—
3»28, J&D, $118,029. Dec, 1901-16
Sept. igOl-'lO

Includes

($1,000 yearly.)

Refunding Water bonds—

J&J, $22,000... Jan.
($2,000 due yearly) toJan.

3»«s,

*

M&S,

(5750 yearly.)
3*38, M&S, $8,000. Mar.1,1 902-09

($7,377 yearly.*

M&S, $3,600
School Bonds—

3>< B,

1901 03

7,000. Mar. 1, 1904
M&N, 13,000. Nov. 1, 1905
M&S, 20,000. Sept. 1, 1911
F&A, 125,500. Feb. 1, 1912
F&A, 44,000. Feb. 1, 1912
3^8 ,M&N, 43,750 Nov., 1901-23
($1,750 yearly.)
31*28, M&S, $18,000. Sept. 1, 1907
3s,
M&S, 20,000. Sept. 1, 1906
4s,
M&N, 12,000. Mavl,'01-'16

Faving Bonds—

4s,

1,

($500 yearly.)
M&N, $5,500. May, 1901-11
($500 yearly.)
M&S, $20,000. Sept. 1, 1901
M&S, 15,000 Sept. 1, 1902

1.
1,

1902
1912

New Windsor's share,

which

is

about one-eighth.

TOTAL DEBT, Etc.—The total bonded debt on March 1, 1901, was
$716,738 84. The water debt (included) was $413,750.
WATER WORKS.— In 1900 water rents amounted to $47,942 64.
ASSESSED VALUATION in 1900 was: real estate, $9,608,100;
personal property, $1,426,650; total, $11,0:14,750; total tax rate
(per $1,000), $25 72. Property assessed about one-half actual value.
POPULATION—The population in 191)0 was 21,943; in 1890 It
•was 23,087.
-

N EW LOTS. — 8ee New York

NEW ROCHELLE
This city

is in

LOANS—

M&N, $12,000. Nov., 1904-15
City Wall Bonds—
3W, J&D, $13,000.June, 1904-M6
Street & Highway Impr'm't5b, M&N, $30,000 May 1, 1901-04
3^, M&N, 25.000. Nov., 1902*26

Park Bonds—

j

$20 000 before Oct.l. '02
15,000.before Jan.1,'04

Sewer Bonks—
4b,
5s,
4b,

When Due.

3\b, F&A, $10,000.. Aug. 1910-'19
3^8, F&A, 45,0u0 .Auif. 1910*32
($2,000 due yearly.)

J&D, 150.000. June, 1904-*33

5b,

SELZ, Clerk.

SCHOOL B»NDS—

A&O. 3*,000.Apr. l.l911-'29
Sewer Certificates—

4b

DILLON, Mayor.

LOANS-

|

3*28.

3»«8,
3*28,

J.
A. J.

Westchester County
When Due.

Fike Department Bonds—

City.

M.

May 1, 1901-'14
Land Damage Bonds—
3>«8, AAO, $80,000.'Apr 1901-23

4s

,

$28,000

,

313s,

J&D,

20,000.. Jul

L'ertific's

,

1924-28

of Indebtedness -

3>is. J&J, $29,750.. July, 1904-32
6a, F&A,
69,752 86
1901-05

Bond, debt M.r.1,1901

.

$906,90

I

A&O, $100,000. Oct.l, 1908-*27 Assessed valuat'n 1900.15,31 1,170
A&O, 9o,000. Oct.l, 1928-*40 Population 1 890 was
9,057
A&O, 65,000
1947-1959 Population 1900 was
14,720
($5,000 annually on Oct.

8ks

$34,778
Interest payable at

Rochelle and

NEW UTRECHT.—

5

8.

See

New York
New York

City.

ller.

The consolidation provided under the Greater New York Charter
became effective January 1, 1898, and New York City now includes
Kings County, Richmond County, and the following portions of
Querns County, namely. Long Island City, the towns of Newtown
Flushing and Jamaica, and part of the town of Hempstead
The
tollowing statement shows all the indebtedness of the consolidated
city on Jan. 1 1901, excepting only such of the school districts of the
old County of Queens as are located partly within and partlv without
the Borough of Queens.
Funded debt of New York City issued subsequent to Jan. 1, '98.. $8*,?58 664 87
funded debt of New York City issued prior to Jan. 1, 189?
2»9,u75 4*8 44
,

funded debt of corporations

the Borough ol Brooklyn

in

cluding Kings County....

in7fl,8fl0.fle6

funded debt of corporations
Funded debt of corporations

in
in

the Borough of Queens
the Borough of Richmond

'/,"24leP8

2,107,000 00

..

$392.013, 41-9 3»
1I2,28?,129 01

.

1,

1901

$279,725,3 ."0 38

The following table shows the aspessed valuation
the consolidated city for the year 1900
Real Estate.

PersH Estate.

of property in

Total.

Manhattan and
$
$
$
The Bronx.. 2,369,997,504 429,874,168 2,799,871,672
Brooklyn
"651,398,500
43,937,440
*695,3/f5,940
Queens
104,427,772
5,498,681
109,9 ?6,453
Richmond
42,723,924
6,264,204
4^,988,128
Total

28

* 389.»05,8"9 39

Total boided debt Jan. 1. 1901.
..
Sinking funds-Stockand bond investments

Net bonded debt Jan.

98

12H584Vi87

Total funded debt Jan. 1, 1901
Tempi rary loan in anticipation of the collection of taxes.!

3,168,547,700

485,574,493

Tax Rate.
$
22-4771
23-2113
23-4216
22-2073

3,654,122.193

* Includes $1,148,500 of property liable for taxation
of State purposes only.
BOND EXTENSION NOTICE-The City Comptroller invites
proposals from the holders of the 6 per cent gold consolidated stock
of the County of New York (which matures July 1, 1901) to extend
the maturity of all or part of their holdings.— V. 72, p. 501.
APPROPRIATE NS-The lotal appropriations for Greater New
York in 1898 was $77,559,332 37; in 1899 it was $93,520,082 03; in
1900 it was $90,778,972 48, and for 1901 it is 98,100,413 43.
POPULATION—The population of Greater New York, according to
th U. is. Census of 1900, is 3,437,202.
;

Details of Indebtedness.
The tables which follow give full details regarding the indebtedness
of the consolidated city and the various boroughs and other divisions
forming part of it. We show first the bond issues made since the
Greater New York Charter went into effect. Then we add statements
leporting at length the indebtedness of the separate boroughs all
the districts, towns and other divisions being in each ease grouped
under the borough to which they belong
;

GREATER NEW YORK BONDS.- Bonds

issued since con-

solid ation.

The loans marked
paragraph mark

(IT)

are held wholly in the sinking fund. The
indioates exempt from taxation except for State
(S. F.)

purposes.

LOANS—

—

Interest.

-

,

,

Principal.

Rate. Payable.
Wlien Due.
NAME AND PURPOSE.
Outstand'p.
Corporate Stock- Greater N. T. Charter, Sec. ibq, Chap. 318, Laws 1S07.

Armories
do
do

Am. Museum
do
do

IT

IT
11

Nat. Hist. H

do
do

..IT
tt

.

3
3
3
313
3*9

3

Awaidsfor ch'geof g'deff 3
do
do ..IT
Metropolitan Mus. Art. IT
do
do
....U
do
do
... IT
Botanical Museum
IT
do
do
....IT
Mus. Arts & Sci .Bkiyn IT

—

Paving Jerome Ave
1T
do
do
....IT
Repaving streets
IT
do
do
....IT
do
do
.. 1

3»s
312

3
3
3*2

3

3%
3*2

3

3^
3
3i«

3^

do
do
.. IT
3
Deut. Public Charities. IT 3
do
do
3
IT
Dept. Street Cleaning.. IT 3
do
do
....IT 313
do
do
... IT
3
Health Dept. bldgs .. .IT 3
Fire Dept. Bonds
IT
3»a
Police Dept. Bonds.... IT 3

CourtHouse— AppellatelT 3^
do
..11
3
do
Criminal Court House.. IT 3
Hall of Records... 1T 3
New

do
do
3^
.1T
3>«
do
do
..IT
do
do
..IT
3»fl
Docks and Ferries, &c. IT 3
3
do
do
..IT
3i«
do
do
..IT
3>2
no
do
..IT
Impt. Wallabout Bas..1T H
Sch. Houses,8ites&bldgir

do
do
do
do
do
do
do
do
do
do

do
do
o

do
do ..H
do ..IT
do
do Bor M .& B.ff
do
do
..IT
do
do
II
do Boro Brook.1T
do
do
..IT
no
do
..IT
do
do
..U
do Bor. Queens. IT
do
do
.IT
do
do
H
do
do
..IT
do Boro. Rich.. IT
do
do
IT
.

.

.

High Schools* Bites... 1T
.11
do
do

New East Riv. Bridge..

1.)

1910-1928

New

Vol. LXXII
BUffltWtm.
TSTFW YDRK Ul I. $BIRD COLER, WYCK, Mayor.
1NEjW * L^JrCiW PITY ROBERTA. VAN Comptro

Dept. Correction bldgs. IT

3*28, ..... $60,500... 1901 to 1917
($1,500 an. to '16, $35,0o0 in '17.)

:

:

IT

M&N
M&N
M&N
M&N
M& N
M&N
M&N
M&N
M& N

M&N
M&N
M&N
M&N
M&N
M&N
M&S
M&N
M&N
M&N
M& N
M&N
M&N
M& N
M&N
M& N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M& N

M N
M& N
M&N
M N
M&N
M& N
M&N
3^ M & N
3»a

3
3
3»a
3 1*
3

3
i>^
31^

3
3
319
3>*
3
3>u

8
3»«
3^a

3
do
do
....IT
..
do
do
3<i»
If
Con.&Imp.St.John'aPk1T 3
East River Park Impt. IT 3
Cen.ParkAsrhaltWaik.1T 3

a-

.v

M&N
M&N
M&N
M& N

M& N

M&N
M&N
M & N
M& N
M&N
M&N

M

&
M&
M&
M &

N
N
N
N

M&N
M&N
M&N
M&N
M & N
M&N
M & N
M&N

1923
s.f.
1930
s.f.
1940
s.f.
Nov. 1, 1928
1929
1940
s.f.
192s
s.t.
1910
Nov. 1, 1928
1929
s.f.
1910
s.f.
Nov. 1, 1928

$19,500
115,681
46,063
450,000
400,000
75,000
115,480
250.000
600,000
50,000
70,000
200,000
Nov. 1, 1928s.f. 175,000
19oO
300,000
Nov. 1, 1928
60,00 J
Nov. 1, 1928s. f.
5,000
Nov.l.'28&29
550,000
Nov. 1, 1928s.f. 310,000
Nov. 1, 1940
2450,000
1928&1929
950,000
1928
s.f.
40,000
1929
s.f.
31,518
1940
s.f. 287,000
1929
s.f. 100,000
1929
300,000
1940
50,000
1919
s.f,
44.287
1929
300,000
1940
s.f. 136,390
Nov.l,'28&29
625,000
1929
s.f.
85,000
1923
20.000
s.f.
1929
s.f. 1 50,000
1929
500,000
1930
250,000
Nov. 1, 1940
1810,000
1928
s.f.2075,294
1940
.f. 1374,706
1940
2500,000
Nov.l,*28&29
4600.000
1929
s.
.f. 100.000
Nov. 1. 1928
1820,785
1940
320,074
Nov. 1, 1928s.f,1174,055
1909-1929 s.f.2383,610
1929
1700,000
1940
1900,000
1929
s.f.
85,615
1940
7,385
s.f.
1929
1800,000
1940
2190,000
17,650
1909 1929 s.f.

1940
s.f.
49,3 iO
1929
500,000
1940
1 50,000
50,000
1909 & 1940 s.f.
100.00O
1929
1929 & 1940s f. 273,271
813,484
1940
2700.000
Nov. l,*28-"29
s.f. 1287,824
1929
45'iO.ciO
Nov., 1940
s.f.
1916
50,000
1911
s.f.
65,000
2,000
s.f.
1940
»

—
—

LOANS—

Interest.

Consfn &Imp.of Pkys
do
do
do
Imp.ofPub.
do

-1T

-.11
do
do
IT
do
IT
Pks.&Pkys1T
do
IT
Impt. Bronx Park
1T
.

do

..1[

3»a

3

3

3*s

3
3>a
3**
3ia

3

3^

M

3**
3s>

3^
3
3

do
..IT
3>s
Pub. Park— Hester St IT 3
Bdg. over tracks N.Y.C1T 3
319
do
do
..1T

do

Bdg.Pt.&M. Br

IT

3

Bridge over E. River.. IT 3
3
do
do
..IT
3
do
do
..1T
Bdg.overNewt'nOreeklT 3
Riverside Drive Ext.. .1T 3Hj
Vi'd'tover96St.Riv.Dr.ir
Imp., etc., Riverside PkIT
Compl'n Riv. Pk. & Dr.1T
Imp., etc.. Crotona Pk.1T
Park, 54th Street
IT
New Pk.,&o. ,23,24 WdsIT
Melrose Ave. Viaduct.. IT

Redemp.Brk.WaterL'nlT
Red. Ass. Bds. Park Av.1T

do

do

..IT

Mem. Arch... IT

do

do

New

..IT

Bldgs, Cent. Tslip.1T
Grad.&Pav.Gr'dSt.,Bln1T

Court House site.BronxIT

Bronx Park, Zoo. Gar.. IT

192H
1000,000
s.f. 135,000
1919
1919
s.f.
16,000
Nov. 1. 1928
75.000
1914
s.f.
2,500
Nov. 1, 1928
50.000
H5.000
Nov. 1. 1930
1949
3,:00,000
Nov. 1, 1928
50,000
Nov. 1, 1928s.f.
20,000
1921
s.f.
1,248
1921
s.f.
29,495
1929
1365,000
1920
s.f.
31,908
s.f.
1921
33,000
1921
50.000
1921 & 1940 s.f. 10,000
1928
s.f.
20 000
1928
20,000
s.f.
1940
45,000
s.f.
1910
».t. I80.OOO
1928 & 1929
600,000
s.f.
1940
85,000
1921 & 1940 s.f. 245,111
s.f.
1940
1.500
1*28
s.f.
30,000
1929
s.f.
941
1909-29
s.f.
11,000
1928
110,000
1929
s.f. 1215.000
Nov. 1,1929
45^,000
Nov. 1, 1929s.f. 10,801
1929 & 1940 s.f.
7,000
1940
200.000
19?9
s.f.
1,000
1940
s.f.
10,200
1940
147,079
1940
100,000
1940
s.f.
10,000
1940
30,000
1940
s.f.
8,200
1911
23,000
s.f.
1919
250,000
Oct. 1. 1917
2000,000
1918-1920
4000,000
1912-1919 s.f.1250,000
Nov. 1. 1917
700,000
Nov.l,'09-'19s.f. 400,000
1920
500,000
Nov. 1, 1917
300,000
Nov. 1, 1917s.f.
50,000
1918 & 1919 s.f. 200,000
Nov. 1, 1918
570,000
1918
106,343

M&N
& N
M& N
M&N
M& N
M&N
M&N
M&N
M&N
M&N
M&N
M& N
M&N
M&N

3

3>s
3

Pks. 28th-29th St.1T
Pub. Parkin 1 2th WardIT

s.f.$100,000
65,000
s.f.
1940
s.f. 100,000
929
100,000
1909&1921 s.f. 146,500
1918
15,000
1929
s.f.
63,001910
300,000
1929
500,000
1914&1929 s.f.2771,168
1940
s.f.2598,211
Nov. 1, 1929
1849,107
Nov. 1, 1928
1738.362
Nov.l,'28.*29s.f. 170,03s
1940
8S6.886
1920
s.f. 198,7'9
1940
s.f.
14,000
1940
2000,000
Nov. 1, 1928
1029,845
1919
40,000
s.f.
19-0
500,000
1928
250,000
19<:3

M&N
M&N
M& N

M& N
M& N
M&N
M& N

M&N
M&N
M&N
M&N
3
M&N
2** M & N
3^ M&N
M&N
3
M& N
3
MAN
3
M&N
M& N
3
3
M&N
M&N
3
3»« M & N
3* M & N
a
M&N
3
M&N
3
M&N
3
M&N
M& N

3
3
3
3

3»«

4j

Skate&Golf H.V.C.P'k.lT
Lane Park, Rich.lf
En ranee Cen Pk., 66 StIT
Ad dition'l Water Sup'jIT
3ifl
do
do
..IT
New Aqueduct
3»s
1T
313
do
do
..IT
3
do
do
..IT

8ilver

San. Prot. of Water..

.IT

M& N
M& N
M&N
3^ M & N
3
M&N
3i« M & N
3** M & N

do
... 1T
do
do
do
....1T
Laying Water Mains...'
do
do
3
...IT
do BrklynlT 3
do

M&N
M&N
M& N
M&N
M&N
M& N
M&N
M&N
M&N

Long Is. Water Plant.. IT 3^
WaterM'ns&Pumpingir 3
Assessment Bonds—
3
Assesssment bonds
1T
3»«
do
do
....IT
8treet Improvements.. 1T 3
3
Fort Wash. Road
If
Streets 26 Wd. Brook.. H 3

1901
s.f. 700,000
Nov. 1, 1908
500,000
1907
s.f. 700,000
1900-1901 s.f.
47,124
s.f.

DEBT OF OLD CITY OF NEW YORK.

In the following statement loans wholly in the sinking fund are dis
(Anguished by s. f. prefixed to the amount outstanding. Loans exempt
from taxation have a paragraph mark (1T) added to the title of the loan.
Interest.

—

Rate Payable.

NAME AND PURPOSE.

Principal.

.

>

—

When Due.

a.—Secured by Sinking Fund Preferred
Q—
Aug. 1,
Croton Reservoir Bonds... 6
Nov. 1,
WaterStock
6
WaterStock
7
Nov. 1,
b.— Secured by Sinking Fund (Second Lien), Act
Consolidated Stock, gold.. 5
Nov. 1,
Consolidated Stock
Nov. 1,
4
1T
Secured by Special Sinking Fund, Derived by

C—

do
do
do

do
do ..IT
do
do ..IT
do
do ..IT
Armory bonds
H
do
do
do
do
do
do
do
do
If
do
do
do
do
do
do
Assessment Fund Stock...
City Park Improv't Stock.

CONSOLIDATED STOCK—
N. Y. Bridge Bonds
do
do
do
do
do
Metropol.

.

Outstand'g

1907
1902
1902

M&N
M&N
M&N
M&N

Act of June. 3. 1878—
Additional Water Stock. IT

do
do
do
do
do

Ser. "4."

Amer. Mus.

do
do
do
do
do

313

3
3^2
3

3
3
213

3
3

3

3g
5
5

3
5
4
3
3

Museum of Art

do
do
do
do
do

3

do
do
do
do
do

..
..
..
..
..

of Nat. His'y.

3
3
3
2>a
3

3
3»«g.

3

$20,000
63.000
412,000
of June 3, 1878
1928
6,900,000
1910
2,800,000
Annual Taxation

A & O
A & O
A & O

100,000
300,000
1933s.f. 45,000
1916
1,750.000
200.000
Aug.15, 1904
Nov. 1, 1907s.f. 142,632
250,000
Nov. 1, 1907
Nov. 1, 1907s.f. 213,500
442,000
Nov. 1, 1909
Nov. 1, 1910s.f. 884,115
Nov. 1, 1911s.f. 249,450
270,500
Nov. 1, 1914

M& N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M & N
M&N
M&N
M&N
M & N
M&N

Oct.
Oct.
Oct.
Oct.

1,

1,
1,
1,

1933
1933

1903
1904

47

500
s.f.

11,000

Nov. 1, 1922s.f.
s.f.
1928
s.f.
1928
1923
s.f.
s.f.
1925
s.f.
1926
1905
s.f.
s.f.
1913
1913
s.f.
Nov. 1, 1912s.f.
1907
s.f.
1916
Nov. 1, 1913s.f.

330,000
300,000
866,666
100,000
120.000
30.000
25,000
727,000
120,000
90,000
40,000
200.000
595,000

—Interest.

—

.

Rate. Payable.
NAME AND PURPOSE.
Consolidated Stock— (Con.)

Amer. Mas. of Nat. His'y. 2>a
do .. 3
do
do
do .. 3g.
do
do
do .. 3
do
do
do .. 3^g.
do
do
Temp'ybdg.ov. Bronx R 3
Bridge over Bronx River 3
Brgov. Bronx R. 177th St 3
Harlem R. Br." Wash'n".. 3
do
..3
do
do
do
do
..3
do
do
do
..3
do
..3
do
do
do
2*3
do
do
..
do
..3
do
do
do
do
do
3
do
2i«
do
..
do
do
do
do
..
3
do
do
do
..3
do
do
do
..3
do
do
do
..3
do

M& N
M& S
M& N
M& N

M&N
M&N
M&N
M&N
M&N
M&N
M& N
M& N
M&N
M& N

M&N
M&N
M& N
M& N
M&N
M&N
M& N
M&N
Harlem R Br. "Wash'n" 3
M&N
do "Ship Canal" 3
do
do
..3
M&N
do
do
M&N
do
..3
do
do
do
do
3 g M & N
do
M&N
do Third Ave.. 3
do
do
do
..3
M&N
do
M&N
do
do
..3
do
3i<2gM & N
do
do
do
M&N
do
do
..3
do
do
do
do
3*flgM & N
do 155th
3
M&N
do
M&N
do
do
do
..3
do
do
do
3 g M & N
M&N
do
do First Ave.. 3
M&N
Br.ov.H. Riv. E.ofB'way 3
M&N
BrkAv.bdg.N.Y.&H.RR. 3
M&N
overH.RR., 153d
3
M&N
Grand & Walton Av. Bdg. 3
M&N
Gansevoort Market
3
do
M&N
do
3
do
3
M&N
do
Ward's l8l..&c.,Build'gs. 3
M&N
Morningside Park
3
M&N
2ij M&N
do
do
M&N
Central Park
3
213 M & N
do
do
City Improvement Stock. 3g M&N
Castle Garden imp. Aq'm 3
M&N
3
M& N
do
do
East River Park
M&N
3
213 M & N
do
do
M&N
do
do
3
Mount Morris Park
M&N
3
2^3 M & N
do
do
Rut <ers
Park
M&N
3
Riverside Park
M&N
3
212 M & N
do
do
do
do
3
M&N
do (Women's Cottage) 3
M&N
NewParks,23d&24thW. 2^ M & N
do
do
2^ M&N
Van Cortlandt Park
M&N
3
do
do
M& N
Fifth
Police Court.. 3
M&N
do
do
do
M&N
3
do
do
do
M&N
3
Seventh
Police Court. 3
M&N
do
do
do
3 g M & N
Repaving
M&N
3
2ia M & N
do
do
M&N
3
do
3
M&N
do
3
M&N
do
M&N
3
do
3
M&N
M&N
do
3
.

.

..

..

..

St..

. .

Br.

St.

"

..

Slip

1T

2ifl

Diet.

..

..

Dis.

IT

If

IT

M& N
& N
3^gM& N

3g

do
do
do
do
do

50,000

BOROUGHS OF MANHATTAN AND THE BRONX.

LOANS -

TOWNS,

LOANS—

1914

M& N
M& N

3

Pub

N
N
N

M&N
M&N
M&N
M&N
M& N
M&N
MA N

3>j

Pub.BatnRivingtonStlT
do ..1T
do

When Due.

M& N
M& N
M& N

3>*
3>a

PublicPark,HousfnSt1T 3
3
do
do
..IT
3*
do
do
..IT
Bridge over Harlem R. IT
do
do
..IT
do
do
..1T
do
do
..IT
do
do
..IT
Pelhani Bayff
Bdg. Con'g
Bronx RiverIT
Bdg. over
Pub. Bldg. Crotona Pk.1T
do
do ..IT
Hos. Bldg. Gouv'r 8Up.1T
do
do
..IT
Rapid Transit KR
IT

&
&
&
&

y*fl£

Boroughs of Manhattan and the Bronx.— ( Oon.

-Principal
Outstand'g.

,

.

N
M&N
M& N
M&N
M&N
M& N
M&N
M&N

Pub.Dr-vw'v.Harl'niR.IT 3*4
Ltb'ry Bdg.'.BrvantPk.lT 3>a
St. and Park Openings. IT 3
3
do
do
IT

Public Park 111th St.. 1T
do
do
..IT
do
do
.J

M
M
M
M

3
3

3
3 1*
3

—

Payable.

Ka'e
NAME AND PURPOSE.
Corporate Stock— (Con.)

Soldiers'

>

NEW Y0HK-CIT1ES

April, 1901.

do

—

F

3iflgM

3^gM & N

M&N
M&N
M&N
M&N
M N
3*2gM & N
M&N
3
M& N
3H
New Municipal Building. 3
M&N
Washington Bridge Park 3
M&N
do
do
do
3g M & N
Gore
Land 135th
M&N
3
Island Purchase.. 3
Ward's
M&N
do
do
do
M& N
3
Approaches,
M&N
omb 3
do
do
do
3 g M & N
ParkInip(N.Y.CitT&Pel) 3
M&N
do
do
do
3 g M & N
Corlears Hook Park
M&N
3
do
do do
3
M&N
do
do do
3 g M & N
El'zone Plant Riker's
3
M&N
Cathedral Parkway
M&N
3
do
do
3 g M A N
Mulberry Bend Park
3g M & N
do
do
do
3g M&N
Crotona
Pub. Bldg.. 3g M&N

3d Ave
Columbus Celebration...
Mosholu Parkway
Public Driveway
do
do
do
do
Awards.Change ofGrade
do
do
do

of

3
3
3
3
3 g

<te

g.

St...

..

Br.

Mai'

Is.

Pk.,

do
do

do
do

do
do

.

.

..

do
dp
do

do
do
do
Street & Park Opening. 1T
do
do

Dept
do
do

& N

g
3>ag.M

& N

& N
M&N
M&N
3
M&N
3
M&N
3
MA N
M&N
3
313 M & N
3iagM & N
3g M&N
3^gM & N
M&N
3
M&N
3
M& N
3
M&N
3
M& N
3

3g

Fire Department

Street-Cleaning

M
M

3 g
3

....
..IT

College of N. Y. City

do
do
do
do
....IT
High 8ohool Bonds
New Hall of Records
Bldgs for Rotan'l Mus'm
Riverside Park & Drive.
do
do
do
.

3iflg

—

Principal.
Outstand'g

When Due.

Nov. 1, 19 13s. f. $205,000
Nov. 1, 1920s, f. 474,103
Nov. 1, 1920
475.000
Nov. 1, 1925s. f. 50,000
Nov. 1, 1917
250,000
1919
s.f.
5,000
1920
s.f.
15.000
1919
s.f.
30,000
Nov. 1, 1906s.f. 50,000
Nov. 1, 1907s. f. 350,000
Nov. 1, 1907
900,000
Nov. 1, 1903s.f. 800,000
Nov. 1, 1908
350,000
Nov. 1, 1909s.f. 385,100
Nov. 1, 1910s.f. 16,650
Nov. 1, 1910
178,300
1910
s.f.
14.500
1913
s.f.
17,175
1911
s.f.
89,508
1912
s.f.
60,078
1914
s.f.
45.590
1915
s.f.
39.325
1914
s.f. 315,000
1915
s.f.
45,069
1919
s.f.
36,573
1920
80,000
Nov. 1, 1914s.f. 100,000
Nov. 1, 1915s.f. 85,000
1916-1920 s.f. 219,037
1916-1920
1,050,000
1920
s. f. 655,980
1918
400,000
Nov. 1. 1916s.fl. 140.000
1917
s.f.
5,000
1920
100,000
1920
s.f. 180,000
1919
s.f.
45.000
1921
s.f. 50,000
1919
50.000
s.f.
1922
s.f.
15,000
1907
s.f. 120,000
1908
s.f. 330,000
1909
s.f.
53,715
Nov. 1, 1902s.f. 496,800
Nov. 1, 1907s. f. 331,000
Nov. 1, 1907s.f. 110,000
1907
s.f. 163,000
1907
s.f.
45,000
1915
778,772
1912
s.f. 230,000
1920
70,000
Nov. 1, 1907s.f.
7,000
Nov. 1, 1907s.f.
3,500
Nov. 1, 1911s.f. 637,118
1907
34,500
s.f.
1907
s.f.
5,000
Nov. 1, 1911s.f. 20,000
1907-1921 s.f. 240,000
1907
s.f.
25,000
Nov. 1, 1912s.f.
1,500
Nov. 1, 1912s.f.
7,000
1909
s.f. 466,100
1909
9,357,000
Nov. 1, 1909s. f. 237,500
Nov. 1. 1909s.f. 12,500
1911
75,000
s.f.
1912
75,000
s.f.
1913
s.f.
39,189

19161917

s.f.

88,121

1920
199,000
Nov. 1, 1909s.f. 105,000
Nov. 1, 1909s. f. 895,000
Nov. 1, 1910
1,000,000
Nov. 1, 1911s.fl,000,000
Nov. 1, 1913s.fl,500,000
Nov. 1, 1913
500 000
Nov. 1, 1916
500,000
1920
s.f. 525,000
1920
700,000
1916
475,000
1917
600,000
Nov. 1, 1918 1,400.000
Nov. 1, 1923s.f. 176,308
1903
28,500
s.f.
Nov. 1, 1912s. f.
4.000
Nov. 1, 1918s. f. 1,700,000
1920
800.000
1916
250,000
1907-1912 s.f. 616.865
"
1910-1911
385,000
1912
s.f.
8,300
1915
s.f.
36,779
1920
640.000
1916
s.f. 183.509
Nov. 1, 1913s. f. 147,359
Nov. I, 1913
672,409
1916
69.388
s.f.
1920
274,181
Nov. 1, 19l9s.f. 690 000
310,000
Nov. 1, 1920
1912
47,500
s.f.
1913
1,370,421
124,500
1914
1913
37.000
s.f.
5.000
Nov. 1, 1912s.f.
1914
195,000
1924
1,584,371
1920
100,000
1914
s.f.
5,000
1914
60,000
1920
s.f.
65,111
1914
108,015
1915
s.f. 150,000
Nov. 1, 1916s.f. 300,000
Nov. 1, 1916s.f. 300,000
Nov. 1, 1918
1,868,867
1914
s.f. 130,115
1912
133,000
Nov. 1. 1916
150.000
1914
47,000
1914
204.250
Nov. 1. 1915s. f. 350,000
1916
5,000
s.f.
1923
s.f. 105,100
1921
s.f. 125,000
1914
380.000
1912
200,000

...
.

—

.
.

.

48

.

.

.

STATE /WB CITY SUf fl£W£NT,
Boroughs of Manhattan and the Bronx.—

LOANS-

Interest.

.

P. 01.
NAME AND PURPOSE.
Consolidated Stock— (Con.)—

Repaving 3d A v., 23d Wd. 3 g
Avenue A
do
3
Avenue A
do
3g
23d&24thWds. 3
do

Paving Jerome Avenue.
Improv'nt of Parkways.
do
do
do
do
Fire Hydrant
do
do

Payable.

M& N

M&N
M&N
M& N

3iagM & N

do

do

—

3
3 g

3g
3g

3

2S

M&N
3!og M & N
3
M& N
3g M&N
3iagM & N
3
M&N
3^gM & N
3
M&N
3iagM & N

do
do

Police Department

do
do
do
do
do
do
New East River Bridge..
do
do ..
do
do
do ..
do
Publio Park (St. John's)
St. John's Pk. constructs
Public Park, 111th St...
do 12th Ward..
do
Fort Washington Park. fl
Extension Kings Bdg.Rd.
Improv'nt Pk.&Parkw'e.
do
do ..
do
do ..
do
do
do
do ..
do
State Tax for Insane
do
do

M&

M& N
M& N
M& N

3i2gM & N

M& N
3^ M&N

.

3
3
3

M&N
M&N
3iagM&N
3
M&N
3iag M & N
3^11 & N
3
M&N
3
M& N

3^gM& N

3iagM

& N

M&N
3^ M&N

Redemption of Bonds
Red.Assessm'ntParkAve 3

M&N
M&N
3*2 M&N
M&N
3
S
M&N
Harlem R. Br. (145th
do
do
3
M&N
do
M&N
Pelham Bay Bridge
3
Public Park, 28th St
3
M&N
Public Park, Hester
3
M&N
Viaduct, Riverside Drive 3
M&N
M&N
Imp. Sp'ten Duyv.Pkway 3
Melrose Ave. Viaduct
3
M&N
Correction
3
M&N
Depart,
do
do
3ifigM & N
Charities
Depart,
3
M&N
3i«gM & N
do
do
Ambulance Station
3
M&N
Hospital Building GouverneurSlip
3
M&N
Public Health
Bldgs.
3
M&N
and Comfort
Public Bath, Riringt'n
3
M&N
Board of Health
3
M&N
CourtHouse—Appel'teDiv.1T3iagM & N
do
do
do
3
M&N
Criminal Court-House Bds. 3
M&N
Main Stock
5
M&N
Croton Water
do
4
do
do
M&N
M&N
5
Dock Bonds
5
M&N
do
5
M&N
do
5
M&N
do
M&N
do
5
4
M&N
do
4
M&N
do
4
M&N
do
M&N
4
do
M&N
3
do
M&N
3
do
do
3^ M&N
M&N
3
do
3
M&N
do
M&N
3
do
212 M&N
do
213 M&N
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M&N
3
do
M& N
do
M&N
3
do
3iag M&N
do
3^gM & N
do
M&N
3
do
3 gM & N
do
3i2gM & N
do
M&N
Museum of Art & Nat. Hia. 5
M&N
4
do
do
do
M&N
3
School-House Bonds
do
M&N
3
do
2ia M&N
do
do
M&N
do
3
do
M&N
3
do
do
3i« M&N
do
do
M&N
3
do
do
do
3g M&N
do
do
do
g M&N
M&N
I
do
do
3^gM & N
do
Pub. Pk., St. Nicholas Av.
Croton Water Main
do
do
Public Park, 11th Ward.

3

3

St.)

St.

of

of

for

St.

.

..

3ia

do
do
do
do
do
do
do
do
do

N
N
M&N
3
3i2gM & N
3*2gM &
3iagM &

do
do
do
do
(Sanit. Imp.)

do
do
do

3
3iag
3 g
3 g

M&N
M&N
M& N
M& N

When

<

Adopted November

do

do

Additional Water Stock

do

do

..1T

4.

M&N
M&N
M&N
3
3g M&N
3iagM & N
M&N
3
3*« A & O
21*

—

Interest.
P. Ct. Payable.

Principal.
Outstand'g.

.

When Due.

Additional Water Stock-

.

.
.

.

M

1

.

M

M

•

;

;

;

M&

.

1884—

3

—

LOANS-

NAME AND PURPOSE.

(Co-.)
$50,000
1920
3
A & O
Oet. 1, 1904 $5,000,000
do
s.f.
45,000
do
1912
3
A & O Oct. 1, 1 904s. fl ,000,000
do
do
100,000
1920
3
A & O
Oct. 1, 1905
5,000,000
do
do1920-1921 s.f. 413,425
A & O
3
Oct. 1. 1907
8,200,000
do
do
185,000
3
1917
A & O
Oct. 1, 1907s.f4,350,000
do
2ia A & O
do
S.f. 125,000
1922
Oct. 1. 1907s.f. 950,000
IT
do
do ..
1914
700
3
M& N
1912
S.f.
s.f4,569,50u
1914
65,000 Additional Water Stock.,
3
M& N
1912
75,000
3i2gM & N
do
do
1914
S.f. 100,000
1915
3,030,500
3i*gM & N
do
do
1925
50,000
1916
1,750.000
do
do
50,000
1925
3g M & N Nov. 1, 1912s.ll,383,500
do
do
25,000
3
M& N
1925
1914
391.500
3
M& N
60,549 Water Main Stock
1925
1912
s.f. 245,000
do
do
M& N
100,000
3
1925
1913
s.f.
5,000
do
do
Nov. 1, 1918s.f. 14,000
3g M & N
1914
250,000
Nov. 1. 1918
20,000
Payable from Taxation, or from Sinking Fund, if Approved by Com1920
s.f. 137,325
missioners, Provided Such Payment Shall Not in Am/ Way Impair
100.000
1917
the Preferred Claims Thereon.— ( Section 6, Chapter 383, Laics of
300,000
1918
1878)554,565
1916
M & N Nov. 1, 1903 $336,600
7
1916
35,000 Assessment Fund Stock
s.f.
do
do
M & N Nov. 1, 1903s.f. 156,100
6
1917-1918 s.f. 88,690
do
do
M & N Nov. 1, 1910s. f. 364,850
6
1921
66,307
s.f.
do
do
6
M & N Nov. 1, 1910
Nov. 1, 1918
867,310
535,600
City Pks. Imp'tFund Stk.. 7
M & N Dec. 23, 1901
1919
s.f.
2,000
200,000
do
do do
..
M & N Dec. 23, 1901s.fl,371,500
6
1917
123,000
do
do
do
M & N Dec. 23, 1901
6
1918
175,000
266,500
do
do
M & N Sept. 3, 1902s. f. 685,000
do .. 6
1921
s.f. 102,000
M & N Jan. 1, 1902
do
do do Con 6
862,000
1918
s.f.
37,000
do
do do
..
M & N Sept. 3, 1902
7
1 ,200,000
465,000
1916
do
do
..
M & N July 1, 1903s. f. 704,000
do
6
177.000
1915
do
do
6
M & N July 1, 1903
do
..
1922
7 .000.000
100,000
do
do do
M & N July 1, 1903
..
7
1920
446,000
s.f. 100,000
M & N July 1. 1904s.f. 125,000
do
do
..
6
do
Nov. 1, 1911 s.f. 43,074
do do
do
..
M & N July l, 1904
6
100,000
1918
s.f. 250.000
do do
do
..
5
M & N July L, 1904s. f. 325,000
Nov. 1, 1918
400,000
July 1, 1901
J & J
4,252,500
1920
s.f.
23,709 Consol. Stock— City
£ g J & J
do
County
July 1, 1901
8,885,500
1918
s.f.
4.000
g
M& N
1906
s f. 691,000
1919
s.f.
96,000 Croton Water Main Stock.. f
do
do
5
M& N
1906
173,000
1916-1919 s.f. 35,000
July 1, 1901
1,000,000
1921
s.f.
16,096 Dock Bonds
6g J & J
do
7
& N
1901
1920-1923 s.f. 16,561
500,000
do
7
M& N
1902
750,000
1914
n.f.
65,000
do
M& N
6
190£
f. 250,000
1923
s.f.
55,000
do
M& N
e
1»04
f. 976,000
1922
s.f.
25,000
do
M& N
1904
7
348,800
1921
s.f.
50,000
do
M & N Nov. 1, 1905s.f. 321,200
6
Nov. 1, 1918
250,000
do
M & N Nov. 1, 1905
6
744,000
1921
s.f. 418,175
do
M& N
1906
6
s.f. 150,000
Nov. 1, 1918
350,000
do
M& N
1906
5
s.f. 278,000
1916
s.f.
50,000
do
M& N
1907
5
s.f. 460,800
do
5
M& N
1908
s.f. 147,000
1916
s.f.
65,000
MA N
do
1908
5
169.200
M & N May 1, 1903s.f. 665,000
6
1919
s.f.
25,000 Museum of Art, &c
do
do
M & N May 1, 1903s. f. 260,000
5
1919
s.f.
30,000
Nov. 1, 1905s.n,252,000
6
& N
1919
38.027 N. Y.Br.Bds. (Consol Stk.)
s.f.
do
do
do .. 6
M & N Nov. 1, 1905
Nov. 1. 1918
248,000
389,431
1919
s.f.
64,593
e.— Payable from Assessments or from the Sinking Fund, if the Com1908
s.f1,745,000
missioners Thereof Approve, Provided Such Payment's Shall Not
1906
f. 585,000
in Any Way Impair the Preferred Claims Thereon. -(See SecNov. 1, 1906s.f. 15,000
tion 6, Chapter 383, Laws of 1878.)—
1908
s.f. 225,000
M & N On or aft. 1888s.f. $75,000
3
Nov. 1, 1909s.f. 300,000 Assessment Bonds
do
do
3
do
& N
1893s. fl. 639,000
Nov. 1, 1909
200,000
do
do
do
3
M& N
1894s.f. 125,000
1910
s.f. 520,000
do
do
3
M& K
do
1895s.fl,602,542
1911
s.f. 191,000
do
do
M& N
do
3
1896«.fl, 180,387
Ull
s.f. 672,000
do
do
M& H
3
do
18y7s.f. 113,018
1912
s.tl.080,000
2ia M & N
do
do
1899
s.f. 518,000
1913
s.f. 820,000
do
do
3
M& N
1900
s.f 975,000
1914
S.f. 175,000
do
do
3
M& N
1901
s.fl ,450,000
Nov. 1, 19l4s.f. 270,000
do
do
1901
200,000
Nov. 1, 1914
3g M & N
355,000
do
do
M& N
1903
3
950,000
Nov. 1, 1915
1,150,000
1916-1918
1,500,000
Annexed Territory Bonds.
1918
s.f. 500,000 Town of Morrisania—
1919
1,000,000
Central Av. construction 7
Ann'*iy$ 1901 to 1915 £
15,500
1919
s.f.
50,000
$1,000 yearly.
1920
s.f. 400,000
1916-1980
Central Av. construction 7
semi-an
64,000
1920
1,050,000
$1,000 yearly. \
1921
s.f. 450,000
1901 to 1910
Ann's Av. construct'n
M & 8; $1,000 yearly.
8t.
10,000
1921
1,250.000
1922
s. 42,480,000
Town of West Farms1922
20,000
An'ly&
1901 to 2147
Central Av. construction
246,000
1923
s.fl,660,000
s'mi-an.
$1,000 yearly.
1923
865,000
These bonds mature $1,000 yearly, except' in the years' 1916 and
1924
s.f. 960,000
1917 when in each year $1,500 mature in 1949 and 1975, none in
1924
1.125,000 1950, $2,000 in 1959 and 2147, each $500. Interest on about one1924
500,000 half the bonds is paid annually, on the remainder semi-annually.
1925
s.f. 30,000 Town of West Farms—
Nov. 1, 1927
3,000,000
80. Boulevard constr-t'n. 7
sf ^O^yeariy. \ $88,500
Nov. 1, 1928
1,750,000
1928
s.f. 250,000
Highway imp.
2?,000
..A
1925
1,160.000 Village of Williamsbridge.
[Sewers
175,000
1926-1927
2,000,000
303,000
1903
31.000 Town of Westchester
s.f.
Improvement
235,000
5
lownor westonester
1903
s.f.
2,000
70,000
} School district
Nov. 1, 1908s.f. 25,023
305,000
Nov. 1, 1908
3.575,945 Village of Wakefield, highway improvements
77,800
1908
s.f.
9,500 Town of Eastohester, school district bonds
13,000
Nov. 1, 1911s.fl,336,872
a, I), c, d. e —These letters indioate on which sinking fund the
Nov. 1, 1911
897,205 bonds are a lien, as more fully explained below.
Nov. 1, 1912
542,553
PAR VALUE OF BONDS.—The denominations of the bonds and
Nov. 1, 1913
754,560
1914
s.f.
77,621 stock of the city of New York are not fixed. Certificates are Issued for
1914
809,013 any amount in even hundreds, with $500 as the minimum.
1914
27,000
INTEREST-WHERE PAYABLE— Coupon interest is payable at
1911
806,502 Knickerbocker Trust Company; registered interest at office of City
1914
84.694 Chamberlain; interest on the gold coupon bonds of 1901 and 1902
1915
1,925,141 is payable also at Messrs. Rothschilds in London.
Nov. 1, 1916s.f2,542,784
TOTAL DEBT, SINKING
Nov. 1. 1916 3,691,269 shows the old city's debt, etc.:FUNDS, ETC.-The subjoined statement
Nov. 1, 1914
42,000
Jan. 1,1901.
Jan. 1, 1900.
Jan. 1, 1899.
1916
112,058
$216,402,045
$221,916,334
1914
s.f.
95B Total funded debt.. .$209,075,428
Sink'gf'nd.ino.oash 106,272,540
102,110,089
95,731,053
1914
87,871

A.,— Secured by Special Sinking Fund Derived from Annual Taxa
Hon Under the Provisions 0/ the Constitutional Amendment

Add'l Croton Water Stock.
do
do
do
do
do
do

LXXII

Boroughs of .Manhattan and the Bronx.— ( Con.)

Con.)

Principal,(hitstand'g
Due.

Vol.

Nov. 1, 1904s.f$23950OO
Nov. 1, 1904s.f. 300,000
1905
«.f. 182,000
1914
200,000
1911
400,000
1912
250,000
Oet, 1, 1904
1,500,000

Net funded debt.. $102,802,888
$114,291,956
$126,185,281
The annexed table shows the old city's net funded debt as it was on
the first day of January of eaoh of the following years:
1901

1900
1899
1898
1897
1896
1895

$102,802,888
114,291,956
126,185,281
136,847,276
120,710,525
112,450,020
105,777,854

1894
1893
1892
1891
1890
1889
1888

$101,428,481
98,995,651
97.550.036
98,064,418
98,663,072
91,313,135
93,300.581

1885
1881
1876...
1871...
1866...
1862..

$93,648,100
106,066,240
116,773,721
73,373,552
35,973,597
20.087.310

—

—
April,

NEW

1901.

SINKING FUNDS —The

—

:

49

YGftK— CITIES AND TOWNS.

fund assets of the old city
1901, were $106,2,2,^40. Of
this amount $20,927,137 was held in a special sinking fund (sinking
fund redemption No. II.) for account of certain water bonds ana
$85,345,402 (sinking fund redemption No. I.) was held for certain other
sinking fund issues. The character of the assets of the two sinking
funds here referred to is evident from the following

Borough of Brooklyn—City of
Interest.
LOANS—

total sinking

(Manhattan and the Bronx) on Jan.

—

1,

Sinking Fund Sinking Fund
Total.
Redemption I. Redemption II.
$20,425,828 $102,269,565
N.Y. City bonds (parvalue).$*l,843,737
501,309
4,002,975
3,501,666
Cash

Brooklyn.

(Con.)

'

•

NAME AND PURPOSE.
Bridge Bonds— (Con.)—
New York Bridge

,

When

Payable.

Rate.

Principal
Due.
(hitstand'g.

J & J
July 1, 1922
7
*
t 000
do
J & J
do
July 1, 1924
7
Go', 000
,
,
„
Bridge Connecting Co's of) 3
j
iq fi
110nnA
d
J * J
Jan. l, i»db
112,000
Kings <fc Queens
i
Jan. 1, 1922
do terminal improv s
3^ J & J
40,000
J
9
d0
d°
3* J * j; |?6oi'oo y'rlyM 600 000
doCon.g. stk. 3*2 J & J
do
July 10,1925
100,000
do
do
3^2g
Mar. 12,1926
60,000
do
do
J & J
Jan. 1, 1922-*25 360,000
3
Of this loan $60,000 is in the sinking fund.
J & J
do Approach
4
July 1, 1925-'27 275,000
do
do
Jan. 1. 1923-'27 982,000
3^ J <fe J
Of this loan $82,000 is in the sinking fund.
do
do
3^ J & J
July 1, 1923-27 500,000
do Con.g.stk. 3*3 J & J
do
Jan. 1, 1928
100,000
do
do Con.g.stk. 3^ J & J
Jan 1, 1929
70.000
New E.R.Bdg. con.g.stk. 3^ J & J
Jan. 1, 1935
25,000
do
do
3^gJ & J
Jan. 1, 1936
150,000
do
do
Jan. 1, 1937
3*agJ & J
332,000
New East River Bdg9.... 3^ F <s A Jan. 1, 1937
30.325
1.

^

-

'

$20,927,137 $106,272,540
$85,345,403
The totals of the various issues having a lien on these sinking funds,
and the order of their lien, are shown in the following the letter prefixed in each case being the same as that used in the table of bonds
above to designate the issues having such lien.
$495,000
a Total issues having a lirst lien on sink, f redemp. No. I.
b Total issues having a second lien on sinking fund
9,700,000
redemption No. 1
c Consolidated stock, etc., having a lien on special fund
redemp. No. I 107,273,142
derived from taxation and from sink. f.
d Totalissues payable from sinking fund redemptionNo.il. 41,977,000
e Consolidated stock (new parks) payable from sinking
fund redemption No. I in accordance with act of au9,823,100
thorization
ASSESSED VALUATION.—The old city's assessed valuation and
tax rate have been as follows
Total Assessed Rate of Tax
Personal
Estate.
Valuation. per$l,000.
Years.
Real Estate.
1900
$2,799,871,672 $22-477
$2,3*9.^97,504
$129,874,168
24-804
1899
490,482,930
2,669,088,835
2,178,605,905
2010
1898
509,022,449
2,365,490.372
1,856.467,923
2100
1897
381,449,065
2,168,635,856
1,787,186,791
21-40
1896
1,731,509,143
374,975,762
2,106,484,905
19-10
2,016,947,662
1895
1,646,028,655
370,919,007
17-90
1894
1,613,057,735
390,274,302
2,003,332,037
18-20
1893
1,933,518,5 9
1,562,582,393
370,936,136
1892
1,828,264,275
1850
1,504,904,603
323,359,672
19-00
1891
321,609,518
1,464,247,820
1,785,857,338
19-70
1890
1,696.978,390
1,398,290,007
298,688,383
1889
1,331,578,291
272,260,822
1,603,839,113
1950
22-20
1888
250,623,552
1,553,442,431
1,302,818,879
1887
1,254,491,849
1,507,640,663
2160
253,148,814
22-90
1886
1,203,941,065
217,027,221
1,420,968,286
1885
24 00
1,268,443,137
202,673,866
1,371,117,003
Total

;

. .

.

.

Cert, of Indebtedness.

.

:

POPULATION OF THE BOROUGHS OF MANHATTAN AND
THE BRONX, according ta the U. S. Census of 1900,-is 2,050,600; in
1890 the population of the old city of New York, comprising a somewhat smaller area than that of the present boroughs of Manhattan
and the Bronx, was 1,515,301. On the basis of the prt-sent territory,
population then was 1,529,301. Bee V. 71, p. 408. In 1880 New York
City's population was 1,206,299; in 1870 it was 942.292.

BOROUGH OF BROOKLYN.

....

&
3^gJ &
3^gJ &
3^ J &
3»2gJ

Brooklyn covered the entire area of the county of
Kings, the county government being consolidated with that of the city
on January 1, 1896, under the provisions of Chapter 954 of the
city of

Laws of

1895. Under the provisions of this act " the debt of the said
oounty shall not be deemed to be or be included as a part of the
debt of the City of Brooklyn, within the meaning of the provision of

the Constitution of the State of New York limiting the power of cities
to incur indebtedness." [See Chronicle, vol. 62, p. 49.] The towns of
Flatbush, New Utrecht and Gravesend were annexed to the City of
Brooklyn in 1894 and the town of Flatlands became a ward of the city
on the lirst day of January, 1896.

DEBT CITY OF BROOKLYN, INCLUDING ANNEXED TOWNS,
AND DEBT OF KINGS COUNTY, A* CONSTITUTED
PRIOR TO CONSOLIDATION.

.

Ian. 1, 1901.
$18,112,567 41
14,095,749 76
6,397,57200
38,284,777 76

taxation

Total

$76,890766693
$7,640,3° 6 41
99,714 87

Cash
Net debt

LOANS

NAME AND PURPOSE.

Interest.

Arrearage 10-40s

do
do

—

-

J
J
3*2 J

4
4

10-40a
10-408

do
county taxes...
Asphalt re paving bonds...

J
J

Bridge Bonds—
Brooklyn City bonds

J
J
J

for
completion of bridge.

Bridge Bonds—

for
completion of bridge.

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do

<

tto

do
do
do
do
do

do

J

J
J

J
J
J &
J ft
J ft
J
J
J ft
J
J
J &
J ft
J A:
J
J ft
J >v

<

<

do
do
do
do
do
do
do
do
do
do
do
do

do
do
New York B
Bridgo
do
do
do
do
do
do
do
do
do
do
do
do
do
do

When Due,

J

7

7
7
7
7
7

7
7
7
7

549,000
43,000

July
July
July

1905
1906
1907

405,000
400,000
345,000

1908
1908
1909
1910
1911
1912
1914
1916
1917
1918
1919
1920
1921
1922
1923
1925
1927
1928

100.000
260,000
400,000
440.000
400,000
400,000
350,000
300,000
500,000
250,000
810,000
319,000
371,000
400,000
200,000

Jan.

1.

J

J
J
J
J
J
J

J

ft

J

J

ft

J

J
J
J
ft
J
& J
& J
& J
ft
,t
A:

1.

1.
I.
1,
1,

1.
1.
1.
1,

1.
1.

July 1.
July 1.
July 1 1901-'04
$100,000 yearly
July 1. 1905
July 1. 1906
July 1. 1907
July 1. 1908
July 1. 1909
July 1. 1910
July 1, 1911
July 1 1912--16
$100,000 yearly
July 1. 1917
July 1. 1918
July 1. 1919
July 1, 1920
July 1. 1921
,

,

'i
J

J
J
J
& J
ft

1924
1905

.i

J

.r

ft

July
July

.r

.1

J

7

8. f. 150,000

1.
1.
1,
1.

ft

J
J
J
J
J
J
J
J
J
J
J
J
J

1923
1923
1924

1,
1,
1,

May

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

J
J
J
J

J

7
7
7

July
July

$1,500,000

700,000

call.

J

,t

Principal.
Outstand'g'

,

& J
& j
& J

8ubject to

Brooklyn City bonds

7,740,10 1 28
$09,150.565 65

Rate. Payable.

)

J

J
J

Oct.

4,

10,000

24.0C0
8.000
80,000

1902

3^gJ & J
Jan. 1, 1926
o.f.48,000
3iagJ & J
Jan. 1, If 36
700,000
Improvement Bonds.—Various purposes.
City Hall impts
Jan. 1, 1920
J & J
95,000
do
do
3^gJ & J Jan. 1, 1920 s.f.35,000
3i£gJ & J
do
do
Jan. 1, 1921
25,000
4
Gravesend Local impts. 3^g.J & J
300,000
J ^O^OWylariy \
do
do
...
3^3 J & D
Deo. 17, 1925
s.f.13,000
do
do
...
3*2 J & J
May 21, 1925
8,500
Int. due on Grav. bonds. 3hig J & J
Jan. 1, 1936
21,242
Local improvement
4
J & J
1920 to 1921
IT
108 000
Feb 13 1904-'16 ) , ~ nn A ~~
do
ao
do
ao
3
i
d
1.300,000
\ $100,000 yearly. \
9
d0
d0 *»*>
3
J & J
Uioo;o00 ySJ.i 900.000
Of this loan $500,000 is in the sinking fund.
do
do
1918 to 1921
3*a J «te J
340,000
Of this loan $140,000 is in the sinking fund.
do
do
J & J
3
Jan. 1, 1921
s.f.7,000
do
do Lawsof-94 4
J & J
3 °0-000
ggo.O&OySrij?
Con. gold stock
do
do

3^

'

-

d0
d°
do
do
do
do
do
do
do
doLawsof'9511
do
do
do
do
do
do Laws of '96
do
do
do
do
Eighth ward improv....H
do
do
School improvement.... IT
d0

Payable from sinking funds
"
water revenue
assessments...
Less sinking fund
Investments

19011902

$5,000 yearly >
C on Nov. 10. )
1901
May 1, 1901

County Deficiency—

>

*
J
3^2 J
3^zgJ

&
&
gJ &
i^g J &
i2gj &
3i*gJ &
:

3i2gJ
3i2gJ

3

J

3

J
J

'-'

Museum
9-0

do

&
&

J
J

J
J
J
J
J
J
J
J
J
J
J
J

3^ J &
3^gJ &

do

J
J

g.

3higJ
3*2gJ
319 J
313 J
3iagJ

pier...

stock

313

F

& J
& J
& J
A J
& J

&A

3^g. F &
loan $10,000 is

8ewer'ge,Flatb.S.A88't,ir

do

l^

800,000

Jan

Jan.

1,
1,

1927
1928

92,000
B.f.25,000

Jan. 1, 1914
50,000
July 1, 1915
6,561,000
July 1, 1916
134.000
Jan. 1. 1917
500.000
Jan. 1, 1918
410,000
July 1, 1924
1,092,000
Jan. 1, 1912-'18 650,000
Jan. 1, 1909-'10 100.000
Jan. 1. 1911-'12 s.f.100,000
July 1, 1913
s.f.40,000
Jan. 1, 1917 s.f. 105,000
Jan. 1, 1937
5,000
Jan. 1, 1927
Jan.l,'ll-'12

s.f.136,500

134,500

:

8eweragefund
Sewer No. 2d. St.

do
do
do
do
00
do

>

the sinking fund.
J
Jan. 1, 1925-26 200,000

&
&
&
&
&
&
&
&
&
&
&
3^gJ &

Public Library
Re-indexing Bonds
Con. gold stook

do Con.
do
do
do

is in

J
J
J
J
J
J
J
4
J
3*2 J
3iagJ
3*2gJ

Roadbonds

Sewer Bonds

J

400,000
35,000
Jan. 1, 1923-24s»200,000
Jan. 1, 1930
100,000
Jan. 1, 1914
200.000
Jan. 1, 1915
100,000
Jan. 1, 1916
300,000
Jan. 1, 1917 s.f.270,000
Jan. 1, 1917
195,000
Jan. 1, 1937
37,000
600 000
}
July 1, 1911
50,000
400,000
$ioooV ylarly° j
(

J
J
J
& J
«fe
J
& J { ^^"yeari?
& J
& Jj
J
916
& J S$
y e a'r^i

4
7
7
7
7
6
3

East Side Park
ProspectPark
do
„ do
ProspectPark
do
do
do
do
Park purchase bonds....
Park improvement
do
do
do
_ do

do

J
J

&

„
Park Bonds—

"7.000

300,000
356,000
400,000
71,000
128,000
101.000
50.000
100,000
100,000
50,000
500,000
91,000
105,000
104,000
200,000
181,000

d0
3
J
Of this loan $758,000
Arts & Sciences. 3^. J
do
3*2 J
do
3*2 J

i

28
* J S&,0b0y!arl y
& J Jan. 1, 1929

*
4

.

"

C
<

J

{

CITY OF BROOKLYN.
The old

do
do
do

do
do
do

"i

.

,

Of this
do

do

ff

Jaa.
Jan.
Jan.
Jan.

1,
6,
1,
1,
1,
1,

1901
1916
1925
1936
1936
1937

24,000
».f.40,000

250,000
75,000
100,000
50,000
3 °.°00

in the s'inking fund.

FftAJ^g^f^lOj

3*
IT

Aug.

A | ^sfoob^aVl?.6 \

& A
& A
F & A

doBondsH 3% F
do
F
IT 313
do
do
do

May

313
3*2

F & A

Aug.

Aug.
Aug.
Aug.

1,
1,
1,
1.

40>000
2,000
12,000
30,000
6,000
35(000

1910-'ll

1912-13
1914-19
1920

F4A jAw.^9n 1915j
3^ FAA jA^921-l
31 ^.

ji

70000

J & J J
{ g^000 yeariy? j

Sew'e fundKnick.Av.se'r 319
do
3
J
„ do
Main sewer relief, etc.... 3
J
°
do ,.
3
--•
J
„r
Main sewer relief, etc.. 3^ J
do
do
1
t
3
J
•-•\
d0
do
....
313 J
Of this loan $250,000
do
do
....
4
J
Auxiliary (con. g. stk.) 3»a J
do
do
....
3»sg.J
do
do
3i2gJ
....
d
Tw™£? ..,>, and adj a- > 31** J
2 .,.
Twenty-sixth
.
.
J
cent wards
„.. \ 4
do
do
4
J
.

140,000

& J Jnlyi,1906&'07
49,161
& J July 1, 1908 «.f.90,000
& J July 1, 1922 N.f.117,000
l->:i.s
«
& J
50,000
a J Jnlyl.l923,to'26j 400,000
t5
,„„ „„»
* ?$100.000 viairly.J
& J
1922 to 1927
643,000
is In the sinking fund.
& J
1931 & 1932
200,000
& J
Jan. 1, 1925
50 000
& J
Jan. 1. 1936
168,000
& J
Jan. 1. 1936
50.000
1.

&

&
A
,

J
.
J
J

I 938
..«,„.«.»

1917'19
1920-'23

n.f.15,000

250,000
400.000

—

J

..

.
.
.

.

50

.
.
.

STATE Wto CJTY 8U?fl£M£NT.
Borough

Borough of Brooklyn.—City ot Brooklyn.— (Oon.)

LOAN—

Interest.

-

P.
NAME and purpose
Sewek Bonds— (Con.) —

Twenty-sixth and adja-"
cent

wards— (Con.) —

do
do
do
do
do
do
do

do
do
do
do
do
do
do

When Due.

Payable

J

3*2 J
3*2g.J
3** J
3*2 J
3*2g.J
3g. J
3g. J

1892

LOANS—

-Principal,-

Out stand' g.

of Brooklyn.— Gravesend— ( 0»n j
Improvement Bonds—
When Due.

Sewer Bonds— (Con.)—

&
&
&
&
&
&
&

Jan.

<te

1926

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

1915-'16 200.000

1918
'24'25

1925
1927
1914
1914

$100,000
45,000
150,000
50,000
100,000
100.000
.f. 49, 000

:

J

w

T JJan.l,'01,tol903) fl5000
ls .°
J
$5,000 yearly. fc«.
*
< Jan. 1 1924 to '27 >
T
^o.uuu
40 000
J )
$10,000 yearly. J
7,000
J ' Oct. 4, 1917
s.f.4,000
Jan. 1, 1906
J
JJulyl,1914-'15&'16sf.265,000
J Jan.l,1920,to*23 1,209,000
90,000
Jan. 1, 1924
J
J Jan. 1, 1917/18&'19 750,000
T S Julyl,1920,to'24>
500,000
J
\ $100,000 yearly. ]

&

,

3l2g.J
Memorial monument. . .
Fowler Statute.. 3«*g.J
do
Warren Pedestal 3*2g.J
do

3
J
Municipal site
4
J
Public market
do
3^g.J
do
do
3
J
do
IT
Publio site and const' ct'n 3
Of this loan $370,000 is in sinking fund.
100,000
4
Jan 1, 1920
School building
4
Jan. 1, 1920 to '22 250,000
do
do
100,000
Jan. 1, 1918
do ....1892H 3ifl
do
100,000
Jan. 1, 1919
do ....1892U 3ifl
do
40,000
3*2
Jan. 1, 1923
do
do
Jan. 1, 1923 '24 s.f.200,000
do
do
31a
s.f.18,000
312
Jan. 1, 1925
do
do
32,000
Jan. 1, 1925
do
1894 3ifig.J
do
3i2g.J
1,1924-26
250,000
Jan.
1894
do
do
218,000
1935
Jan. 1,
1895 3»2g.J
do
do
232,000
Jan. 1, 1936
3*2g.J
do
do
Jan. 1, 1936 » f. 100,000
3*2g.J
do
1895
do
1917-1921
266,000
do
J
do
U 3
Of this loan $162,000 is in the sinking fund
250,000
Jan. 1, 1937
3*2g.J & J
do
do
90,000
Jan. 1, 1937
Disciplin'y Train'g School 3^. J & J
1927
s.f.24,500
High School bonds.
1901-1905
(„f 1UU 000
st lOO
J & J
Bold'rs' and sail'rs' mon't 3
20,000 to 1905. \
100,000
J &
4
June. 1925
do
do
50,000
J &
4
Sept. 14, 1904
Stationhouse
313 J &
Jan. 21, 1905 s.f.14,000
do
do
3*2 J &
s.f.1,000
Deo. 17,1905
do
do
3*2 J &
Mar. 16, 1906 s.f.10,000
do
do
39,000
May 1, 1906
S^g.J &
do
do
s.f.4,000
3!2g.J &
Oct. 29, 1906
do
do

Wallabout Market—
do
do
do
do
do

Con. stook.
Con. stock.

do
do
do

bonds.

3^ J

J

3*2 J
3!2g.J
3J2g.J
3!2g.J

J

&
&
&

J
J
J

UW

1903
1925
1925
Nov. 10, 1916
Oct.
4, 1917

s.f.10,000
s.f.25,000

1925
1926
1926
1937

15.000
25.000
20.000

Wateb Bonds—

J

&
&
&

J

&
&
&
&
&
&
&
&
&
&
&
&
&

J
J
J
J
J
J
J
J
J
J
J
J
J

J

J

Jan.
Jan.
Jan.
Jan.

7

mark

Jan.
Jan.
Jan.

65.00V
190,000
8. f. 70,000

1,
1,
1,
1,
1,
1.
1,
1,

the loan.
INTEREST. -Interest is payable by the city of New York. Registered interest at the office of the Chamberlain and coupons at the
Nassau National Bank, Brooklyn.
ASSESSED VALUATION.— (Borough of Brooklyn.) There was no
assessment or tax in 1898.
.
Assessed Valuation.
^RateofTai'
Personal.
Real.
Total.
per $1,000.
Years.
(ID to

the

title of

—

—

232113
$43,937,440
$695,335,940
23-6424
45,270,713
655,092,980
33,688,721
603,796,463
2831
27-40
23,627,446
563,987,132
25-80
21,846,807
452,758,601
19,375,702
2900
330,683,762
26-90
11,215,794
234,835,991
POPULATION.— In 1890 population ot the old city of Brooklyn
was 806,343; in 1880 it was 566,653. In 1900 the population (U. S.
Census) of the borough of Brooklyn was 1,166,582.

1900
1899
1897
1895
1890
1885
1880

$651,398,500
609,822,267
570,107,742
- 540,359,686
430,911,794
311,308,060
223.620,197

GRAVESEND.
Gravesend was annexed to the city of Brooklyn

LOANS—

When Due.

Sew ku bonds—
. .

1900

FLATLAND3.
This town was annexed to the city of Brooklyn on January 1, 1896.
When Due. Bonded debt Jan. 1, 1901. .$15,300
LOANS-

Police Bonds—

M&N,

5s,

$15,300. ..May 29, 1903

NEW

LOTS.

New

Lots was annexed to the city of Brooklyn in 1894.
When Due. Bonded debt Jan., 1901.. $500,000
LOANS—

1906-1925

J&J, $500,000

4s,

($25,000 yearly on July 15.)

NEW UTRECHT.
New

Utrecht was annexed to the oity of Brooklyn in 1894.
When Due.
Street Improvement Bonds—
LOANS—
Flagging Bonds—
5s, J&J, $500,000
1905-1954
1901
($10,000 yearly on Jan. 1.)
5s, F&A, $3.200
Sewer Bonds—
($3,200 yearly on Aug. 15.)
1901-1902 5s, J&J, $28,480
1901-1904
58, M&S, $3,292
($1,646 yearly on Sept. 20.)
($7,120 yearly on July 10.)
1901-1904 5s, J&J. $4,544
1901-1903
5s. J&D, $10,080
($2,520 yearly on June 20.)
($568 yearly on Jan. 15.)

School Bonds—

6s,

Improvement Bonds—

1901
IP01-1902
$3,600
($1,800 yearly on July 1.)
Mar. ..,$1,000... Mar. 28. 1901

5s, Feb.
5s, J&J,

.

,

$1,800.... Feb.

1,

5s,

J&J, $30,000

5s,

J&J, *17,500

....1901-1906
($5,000 yearly on Jan. 5.)

1S01-19O7

($2,500 yearly on Jan. 5.)
Bonded debt Jan.. 1901.. $603,496

Kings County and the city of Brooklyn were consolidated on Jan.
1,

1896. [See V. 62, p. 49.]

LOANS—

County Farm —

4s,

1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1901
1902
1903
1904
1905
1906
1914

325,000.
4s,
32,000.
4s,
32,000.
4s,
119,000.
4s,
119,000.
115,000.
48,
8'
115,000.
i
4s,
119,000.
119,000.
48,
4s,
119,000.
3i2S, 100,000.
3i2S, 325,000
3*28, 325,000.
3*28, 325,000.
312s, 325,000.
3^28, 100,000.
3*28, 100,000.

Driveway & Parkway

$l,950,000.May 1,'05 to'44

($50,000 due yearly.)
460,000. July 1/33 to'40

4s, ...

.

Refunding Loan—
4s, $121,000
4s,
119,000
4s,
119,000.
4s,
200,000.
4s,
197,000
4s,
197,000.
100,000.
4s,
4s,
100,000
4s,
204,000.
4s,
204,000
3i2S, 121,500
3*2S, 121,500
312s, 130,000.
180,000
3s,

State Tax
4s,

$1,500,000. July l,'00to'14
($100,000 due yearly.)
4s...
$50,000.... July 1,1915
4s, .. .. 1,800,000. July l,*16to*33
($100,000 due yearly.)
$200,000.Jan.l,*01to'05
4s,., ..
($50,000 due yearly.)

May, 1901

$54,000

Park Fund Loan—
4b, ....

May 1,1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1902
1903
1918
1915

.

.

.

.

Loan—

$119,000

Mayl.1904

Street Improvements—

4s,

$500,000.. July 1/15 to '19
($100,000 due yearly.)
$1.050,000.Julyl/20to*26
($150,000 due yearly.)

4s

4s

CERTIFICATES OF INDEBTEDNESS.

LOANS—

When Due.

$60,000
10,000

Mayl, 1901

LOANS

4s,
4s.
4s,
4s,
48,
4s,
4s,
4s,

1902
1903
1904
1905
1906
1907
1909

60,000.
10,000
60,000.
10.000.
60,000.
80,000.

TOTAL DEBT.

county debt
Total debt

in

When Due

Armory— (14th Regiment.)

Armory— (13th Regiment.)

4s,

4s,

$210,000.May 1, 1901 to 1907
($30,000 due yearly.)
$60,000
May 1, 1908

Countv Records—
4s,
4s,
4s,
4s,

$18,000
35,000
99,000
9,393

Nov. 1,1905
Jan. 1, 1905
July 1,1907
Jan. 1.1901

Etc.—The subjoined statement shows the

each of the years named.
Jan. 1,1901. Jan. 1,1900.
$13,767,393 $14,307,393

Jan. 1 '99.
$14,575,393

total

Jan. 1, '98.
$14,851,893

BOROUGH OF QCE«NS.
1900
1899

Real.
$104,427,'772

103,752,600

POPULATION-In

1900

Assessed Valuation.
Personal.
Total.

Tax Rate.

$5,498,681
6,314,032

$23-4216
32-7445

$109,926,453
110,066,632

(U. S. Census), 152,999.

COUNTY OF QUEENS.
of

Queens

is

reported under the county's

own

amount of the original debt whloh was
New York was adjudicated finally to be $3,-

pa&re; the

oharjreable to the city of

)

4s,

Mayl,1903

$175,000

Due

Whe?i

Hall op Records—

48, .... $250,000. .May l.'lO to '19
($25,000 due yearly.)

The debt of the county

J&J, $83,000
1919-1928
(Part yearly on July 2.)
5s, J&J, $00,000
1921-1930
($6,000 yearly on July 2
5s, J&J, $30,000
1922-1931
($3,000 yearly on July 2.)

LOANS-

When Due.

Building Improvement—

name on a subsequent

in 1894.

Sewkk Bonds— (Con.)—

3J48,

5s, J& J, $236,000.
.May 20, 1906
1918-1927
4*28, J&.I. 66,000
($6,600 yearly on Jan. 2.)
1918-1927
3-65B, J&J, $20,000
($2,000 yearly on Oct. 4.)

6.)

00

COUNTY OF KINGS.

287.000
1904
1906
60,000
do
do
87.000
1909
7
do
do
100.000
7
July
1909
do
do
341.000
7
Jan.
1910
do
do
7
July
1910
97,000
do
do
1912
July
97,000
do
7
do
1902
6
Jan.
1,229,000
do
do
260,000
6
Jan. 1, 1904
do
do
Jan. 1, 1906
30,000
6
do
do
445,000
Jan. 1, 1907
6
do
do
100,000
Jan. 1. 1909
6
do
do
4
1910 to 1914
4,094,000
do
do
(Of the above loan $30,000 is in the sinking fund )
400,000
Jan. 1, 1911
1892 3*2 J & J
do
do
Jan. 1, 1912
1.500,000
1892 3J3 J & J
do
do
3*2gJ & J
1913
». f. 30.000
do
do
Mar.. 1916
205,855
3*2gJ & J
do
do
Aug. 6, 1916 s.f.10,000
3kgJ & J
do
do
350,000
Jan. 1, 1925
do Con. g. stk. 3^ J & J
do
3l2g.J & J
May 21, 1917
16,500
do
do
Jan. 1, 1937
375,000
3*2g.J & J
do
do
Jan. 1, 1936
350,000
3»«g.J & J
do
do
3i2gJ & J
750,000
Jan. 1, 1937
do
do
& J Jan. 1, 1905 & '06 1,000,000
3
do
do
3
& J
July
1908
500,000
do
do
1909
3
& J
Jan.
600,000
do
do
3
1912 s.f.125,000
& J
Jan.
do
do
3
J
Jan.
1913 *.f.420,000
do
do
ft
Jan.
1937 s.f.116,395
do
do Con. g. stk. 3>2g.J & J
SINKING FUND.—The sinking fund is invested in Brooklyn's own
bonds, those issues marked with "s. f." in the table above being
held entirely by this fund.
TAX FREE.— Certain loans of the city of Brooklyn are exempt from
taxation, and where the fact is known to us we have added a paragraph
7

Water bonds

6s, Sept., $4,«

FLAT BUSH.

Wallabout Bonds—
3>*g.J
do
do
3*2g.J
do
do
3!2g.J
do
do
Con. g.Leonard St.imp. stk. 3 ^g.

1901-1904

$16.000

($4,000 yearly on Jan.

Flatbush was annexed to the city of Brooklyn in 1894.
Sewer Bonds— (Con.)
When Due.
LOANS1901-1928
School Bonds—
4s, J&J. $252,000
1901-1904
6s, Mar.. $4,000
($9,000 yearly on July 15.)
1901-1909
3^28, M&N, $45,000
($1,000 yearly on Mar. 10.)
Assessment Bonds—
($5,000 yearly on Nov. 1.)
3J«8, M&N, $45,000
1901-1909
1901-1909 4s, M&N, $90,000..
($10,000 yearly on Nov. 1.)
($5,000 yearly on Nov. 1.)
1901-1909
1901-1909 4s, M&N, $9,000
4s, M&N, $180,000
($20,000 yearly on Nov. 1.)
($1,000 yearly on Nov. 1.)
1901-1904
Sewer Bonds—
312s. F&A, $3,000
1901-1911
3!2S, J&J, $110,000
($500 yearly on Aug. 1, except
in 1901 & 1904, when $1,000 ma($10,000 yearly on July 15.)
1912-1928 ture.)
3»28,J&J, $75,000
Bonded debt Jan. 1, 1901.$813,OOO
(Part yearly on July 15.)

s.f.70.000

Jan.
Jan.
Jan.

School Bonds—
6s, Jan.,

July 1, 1933
Jan. 1,1934
July 1,1939
July 1,1934

(Part yearly on Sept. 15.)
Bonded d't Jan.l, 1901. .$1,723,000

.

-

J&J, $330,000
J&J, 127,000
J&J, 300,000
J&J,
40,000

5s,
5s,
5s.
5s,

1923 1932
($7,000 yearly on July 2.)
.1921-1930
5s, J&J, $280,000
($28,000 j early on July 2.)
1922-)931
5s, J&J. $21,000
1923-1931
5s, J&J, 40,000
($5,000 yearly on July 2.)

58.J&J, $70,000
4

......

Site and Building Loans
Fourth Preoinot station.

Ot.

—

LXXII

Vol.

796,032 11, leaving $1,011,967 89 as Nassau County's share of the old
indebtedness. The old debt will not be apportioned but the city of
New York will pay all obligations as they mature, looking to Nassau
County for reiiuburaeinentof its proportion of the debt. The amount of
Queens Ooun'y bonds outstanding on Jan. 1, 1901, was $4,778,000, of
whloh $3,772,316 39 was chargeable to New York City. V. 71, p. 875.

—

)

—

,

It

.roust* or

CITY.

This was formerly a city In Queens County,
Funded Debt Bonds When Due.
LOANS—
4^8, AAO, $112,000.
1913
Newtown (funded debt)—
102,000.
1903
FAA. $64,000. Feb. l,'08-'ll 413s
7s,
Station Hhjse Bonds—
($16,000 yearly.)
1901 5s,
$15,000
.....
$4.000
1,'13'19
General Improvem. Bonds—
F&A, 112,500. Feb.
6s,
4^8, M&8, $50,000 .Sept. 1, 1904
(Part each year.)
F&A, $16,000. Feb. 1, 1920 4Hjs, M&S, 50,000.. Sept. 1,1905
4s,
50,000. Sept. 1, 1906
Water Loan (funded)—
4Hs», MAS,
MAS, $70,000. 8ept.l,'01-'04 413s. MAS, 50,000. Sept. 1, 1909
7s,
4*28, MAS, 190,000. Sept. 1, 1914
($20,000 yearly.)
1903-1923
Refunding Water Loan—
4^8. MAS, 615,500
50.000. Dec. 31, 1907
6s AAO, $47,000. Oct. 1, '11-'14 4^8,
,

Street Improvem. Bonds—
MA8, $37,500.Sept.l,'18-'19 4138, MAN,$lOO,000 ..May, 1911
(Part each year.)

($15,000 each year
5s,
4s,

MAS,

45,000. Sept.

Water LOANS', MAN, $21,500. May

1,
1,

1920

Park Award Bonds—

1920

Revenue Bonds*—

$80,000. July 1, 1902
77,000. May 1. 1910
1903
43,000.
4^8, .....
4138
1904
50.000.
10,000. Apr. 1, 1904
4^9, AAO,
MAS, 50,000. 8ept. 1, 1901
5s,
50,000
1905
...
1906
105,000
-.1907
195,000.
Recognized bonded debt Jan. 1,
1901, $3,4.00.000.
4Jfl8,

Fire Department Bonds
7s,
4i«8,

MAS, $20,000. Sept.

1,

35,000

Survey A Map Bonds

4s.

1902
1924

(ref'd'g)

JAJ, $66,000. July l,'18-'25
Poblic School Bondb
4i«s, MAS, $220,000
1908-1910
4iflB, MAS.
1912
122,000.
5e,

—

Engine House Bonds—
5s,
JAD, $16,000. June

1,

1917

$78,000

.....

....

18,500
19,000. Oot. 7,1915

31*8,
4*28,

MAN.

175,5OO.Nov.,1901-*02
($81,500 due yearly.)
419s, MAN,$130,*>00. Mar. 1, 1913

4^8,

'23-'25

$37,500

.....

When Due.

.1901 to 1999
,$47,500
29.0OU
.1907 to 1921
18.000 ...1901 to 1918

48
4s,
58,

Causeway bonds—

Drainage Bonds —

$8,000.... 901 to 1908

48

I

4s,

1,100..
3,500..

1900 to 1901
1901 to 1902
1903 to 1900

16,000..

1901 to 1903
1901 to 1916

$200..
,

District No. 2—
5s,
$4,500 .
5s,

3—
5s
$3,000.... 1901
District No. 4—

4s,
4s,

,

5s

$5,000..
2 500..

5s

7s,

AAO,

*13,000.

. .

.

1901-1907

($2,000 payable y'rly on Sept. 30.)
48, MAS, $10,000.8ept. 30, 1930 to
(part due y'rly) Sept. 30, 1934.

to 1906

1901 to 1910

1911 to 1915

MAS, $1,000
MAS, 44,000

Sept. 30, 1907
Sept 30, 1908
(*2,000 yearly to Sept. 30. 1929.)

District No.

District No.
1

I

7—

,$50,000.... 19 17 to 1936

4s,

*O,0O0....1937tol944

4s

VILLAGE COLLEGE POINT— TOWN OF FLUSHING.
Water Bonds—

When Due.
LOANS—
Improvement Bonds—
?ia8

,

7s,

1902-1926

$115.000

4s

,

1901-1913
1.)

48.JAJ,

1914-1915
22,000
11,000
July, 1916
1),000
July, 1917
25,000
1937
Bonded debt Jan. l,190l.$377,000

1902-1916

$45,000

JAJ, $148,000

($11,000, due yearly on July

($4,600 annually.)

4s.
4s,
48,

($3,000 yearly Dec.)

JAJ,
JAJ,

VILLAGE OF FLUSHING -TOWN OF FLUSHING.

LOANS—

ASSE88MENT BONDS—

Street Bonds— (Con.)—

When Due.

MAN, $34,000
May
($4,000 due yearly) to May
4s, A&O, 1 20,000.... Oct.
4s.

Part yearly

5sA68,.. $25,000

Funding Bonds— 1892-3-4—

4s,
4s,
4s,

1901-1915
1901-1912
($1,000 due yearly on April 1.)
1901-1919
AAO, $19.000

MAN, $36,000

($4,000due

y'rly)

Nov.
to Nov.

Water Bonds—
7s, AAO, $125,000
5s, AAO,
23,000
5s. AAO,
20,000

1,
1,

1901
1909

4s,

JAD,

1,
1,

1,
yearly) to Oct. 1,

($4,000 due

$7,500

AAO, 12,000

Street Bonds—
4s,

($1,000 annually.)

32.00'J

$30,000

4»a8

$20,788

...

1910
1918
1919
1948

1903
1909
1914
1901- 1932

4SS,
4>4B,
4i«s.
4^88,

1901-1907

Accr'd Indebtedness Bonds—

1922

20,000....
1912
22,000.
1922
1924
7,500....
3,000.. ..1913 to 1918

4s,

3,500....1906tOl912

4138, .....

5s

$5,000....1902t0l911
Fire Dept. Bonds—
6s
$1,200. ...1901 to 1904
,

Improvement Bonds—

TOWN OF HEMPSTEAD.
The bonds of the old town of Hempstead which have been assumed
by New York City are given below. Thereat of the bonded debt of
the old town will be found under the town's own name in its proper
place elsewhere.

LOANS-

When Due.

Road Bonus—
4s,

JAJ, $127,000

July

1,

Bonded debt Jan. 1, 1901.$127,000

1923

The amount of the outstanding bonds of the eohool districts contained in the town of Hempstead (except tlioae below, which will
be chargeable to the city 01
determined.

New

York) has not yet been Judicially

TOWN OF HEMPSTEAD SCHOOL

DISTRICTS.

above under Hempstead.)
When Due.
District No. 27—

(See note

LOANS-

District No. 18

5s

$17,000.... 1917 to 1933

District No. 23—
$lv,000
1901 to 1912
79.00O. ...1V01 to 1979
65,000.... 1937 to 1949
For other Hempstead School Districts see "Additional Statementa"
at the end of New York State.
5s
5s
5s

,

,

1913
$7,000....
1918
5,000 ..
22,000... 1917 to 1938

I

58
5s
5a

1916

1917
1901-1925

($2,000 yearly on Jan.

1.)

1902 to 1920

$57,000

TOWN OF JAMAICA.
When Due.

LOANS-

Road Bonds—
4s

1926

$450,000.

,

VILLAGE OF JAMAICA—TOWN OF JAMAICA.
Street Improvem't Bonds—
Sewer Bonds—
l

1917

$150,000....

..,

$400,000...

I

1917-1936

TOWN OF JAMAICA SCHOOL DISTRICT8.
District No 7— (Con.)
When Due.
LOANS- 1—

DlSTRlCT NO.

413s, ..... $50,000...

DISTRICT No.

2-

.1927 to 1976

,$25,000... 1905 to 1924
DISTRICT No. 3
5a,
$14,000... .1904 to 1914
5s,

DISTRICT NO.
4s
5s

4—

98.0O0... 1901 to 1949
9,500... .1901 to 1919

,
,

5—
4s
$8,000...
District No. 6—
District No.

5s

District No.
4s,
4s,

.1901 to 1908

7—

$4,467... 1901 to 1904
37,000... .1901 to 1937

,
,

4s,
4s,
5s,
5s,

,
,

$24,000.... 19ol
20,000.... 19 10
88,000. ...19H»
125.1)00. ...1950

8—

District No.
5b,

4s
5s

,

1924
1929
1953
to 1974
to
to
to

$20,000.... 1909 to 1918
18,000.... 191 to 1927
75,000... 1930 to 1954

District No.

9—

$500.... 1901 to 1902

68

$5,500... .1901 to 1922
12,0o0... .1917 to 1928
4,000... .1930 to 1933

,

5s,

When Due.

Street and Sidewalk Bonds 4s
$50,000 .. 19*6 to 1935
70,000 _. Il<37tol950
4s,
,
50,000.... 1916 to 1925
4s
150,000.... 1952 to 1981
4s,

District No. 10—
$5,000....1901tol910
1,500 ...1911 to 1913
2,000....1925t0l928
5,000. ...1914 to 1923
5s,
District No. 11—
5s,
$6,500... 1901 to 1913
,
5s
5s
5s

,

,

Village Hall Bonds—
,$10,000....1916tol925
Fire Bonds—
4b,
$5,000.... 1921 to 1925
4e,

,

TOWN OF NEWTOWN
LOANS-

When Due.

Road Bonds 4*528,

Causeway Bonds—
4s,

1927
1927

4»28, ....,$20,000.

.... 600,000.

Bridge Bonds—
5a,
$3,000.... 1901 to 1902
1901
2,500....
48,
10,000... 1902 to 1906
4a
Flushing Ave. Imp.—
1913-'17
48,
,$47,000
,

1906

,$10,000

Refunding Bonds—
6s
5s,
5b,

$20,000.... 1901 A 1902
,157,000... 1901 to 1914

35 000

4s,

1908
1909 to 1912
16,000... 1901 to 1916
..

f>8,000...

4s,
,

NEWTOWN SCHOOL DISTRICTS.
When Due.
District No. 6 —
LOANS- 1—
DISTRICT NO.
5a
$450..
4s,

,

4s

$53,000... 1901 to 1927
15.000 .. 1913 to 1927

DI8TRICTN0 2—

58
5s
58
OB
58

$1,000... 1901 to
6,<>00... 19ol to
15,000... .1904 to
15,000... 1904 to
6,000... ,1919 to

,
,
,

District No.

3—

1902
1903
1918
1918
1924

$9,100... .1901 tol°14
8,000... .1910 to 1917
District No. 4 5s,
$10,400... 1901 to 1926

5s
5s

5—

District No.
$5,000.. 1901 to 1910

5b

,

4138

4,000...
50.000...

1910tol9l3
,1903tolb2 7

District No. 7 —

1901

$2,600.. .1901 to 1913
District No. 9—
.1901 to 1920
5s
$20,000
District No. 10,$30,000.. .1902 to 1921
5s,
35.000.. .1908 to 1927
5b
lv.500.. .1907 to 1 920
Ss
District No. 11,$10,000.. .1905 to 1914
...
DISTRICT NO
.1905 to 1922
$9,000
5s
District No. 13—
5a
$12,000.. .1901 to 1912
District No. 145a,
,$10.000.. .1901 to 1920
6.0J0.. .1901 to 1911
4»a8, .....
35,000.. .1911 to 1928
5s

5s

,

.

,

H.

,

KOKOI

GII]OI

[UK IIMON

l».

Assessed Valuation
Total.
Seal.
Personal.
$6,264,V04
1900
$42,723,924
$48,988,128
1899
40,264,69 i
44,103,582
3,838,890
POPULATION.—In 1900 (Census) was 67,021

$50,0OO....1906tol921
50,000....1911tol926

58

1,
1,

1.)

Improvement Bonds— 5s

Sewer Bonds—

When Due.

1916

Jan.
Jan.

VILLAGE OF ROCKAWAY BEACJH— TOWN OF HEMPSTEAD.
Street

VILLAGE OF WHITESTONE—TOWN OF FLUSHING.

loans-

to

($1,000 annually on Jan.

($1,000 annually.)

water Bonds—

1902

JAJ. $15,000

4s,

LOANS-

FA A, $93.500
1907 to 1925
($5,000 annually to 1924 inc. and
$3,500 in 1925.)

District No.

1901 to 1911

VILLAGE OF RICHMOND HILL -TOWN OF JAMAICA.

TOWN OF FLUSHING SCHOOL DISTRICTS.
When Due.
D18TRICTN0. 5 —
LOANS- 1—

58
5s
58

5s, JAJ, $75,000
5s, JAJ, 35,000
3*28, JAJ, 50,000

($1,000 annually.)

JAD, $11,000

5s,

$3,000.... 1901 to 1903

5b

,

)

68

$3,000.... 1901 to 1902
9,000... 1901 to 190*
12,500
1901 to 1906

5s,
5s,
4s,

5s

1927
1923
1923
1923

VILLAGE OF FAR ROCKAWAY-TOWN OF HEMPSTEAD.
Improvement Bonds— (Con
When Due.
LOANS—
4s
1901 to 1917
,$17,000
Improvement Bonds—
Jan. 1, 1922 4e,
15,000
June 1, 1918
5s, J&J, $61,000
Sewer Bonds—
1901 to 1921
5s, J&J, $21,000

,

Bonds—

h ridge

Road Bonds—

58,

Building Bonds—
$8,000....1917tol924
5s,

MAN.

TOWN OF FLUSHING.

LOANS-

5s

,$40,000 ...1920 to
60,000.... 1920 to
4,000 .. 1920 to
,
40,000.... 1920 to

5s
58

$5,000. ...1915 to 1919
9,000. ...1920to 1922

58,

JAJ,

(r) The 7 per cent survey and map bonds are registered and all held
by savings banks. All other issues are coupon bonds.
(*) The principal and interest of the revenue bonds are payable from
the outstanding taxes and water rents
PAR VALUE.—Bonds are in $1,000 and $500 pieces.
INTER EST Is payable by the city of New York—registered interest
at the Chamberlain's office and coupons at the office of the Comptroller
of New York City.

Improvement Bonds—

When Due.

LOANS—

Drainage Bonds—

,

1909

51

TOWNS,

Borough of Queen*.— (Cow)
VILLAGE OF ARYERNE-BY-THE-SE A— TOWN OF HEMPSTEAD.

Queens.— (Oon.)

LONG ISLAND

5a,

MS

NEW YOPK— CITIES

April, 1901.

9

LOANS—

COUNTY OF RICHMOND.
When Due.
LOANS-

County Bonds—
3^a, AAO, $40,000. Apr.
3^8, FA A, 50,000. Aug
3»a8, JAJ,
3*2H, FAA,
3*28, FAA,
AAO,
3s,
Ss, FAA,

Funding Bonds 1894—
JAD, $95,000

1,
1,

242377

When Due.

.1914

5a, g., JAD, $90,000.. June 1, 1919
3»39. FAA, 100,000 Aug. 1, 1915
413s. FAA, 150,000.. Aug. 1, 1916
45,000.. Nov. 1, 1917
3139, MAN,
June, 1 920
4a, g., $35,000, g
Aug., 1920
4a, g., 100,000, g
June 1, 1921
4s, g., JAD, $16«,000.
4a, g., J&D. 202,000. June 1, 1922
4a. g„ A&O. 230,000. Ocr. 1,1922

Total debt Jan.

1,

1901 $1,624,000

CASTLETON SCHOOL DISTRICTS.
DlSTISK'T No. 4—
When Due.
District No. 1—
5s
$22,000...
District No. 5—
6s
*65.00O....1901 to 1913
District No. 3—
4»«8
$5,400 ..

LOANS-

,

58,

$22-2073

Road Bonds—

1902
1904
63,000. July 31. 190*
50,000. Aug.
1, 1906
40,000. Apr.
1, 1908
50,000. Aug. 1. 1909
58,000. Aug. 1. 1910

4s, g..

Tax Kate.

1901 to 1911
1901 to 1916

$66,000 ...1901 to 1922

VILLAGE OF EDGEWATER—TOWN OF CASTLETON.
Village Hall

Bonds— 4a

1904

#15,00©

VILLAGE OF PORT RICHMOND -TOWN OF CASTLETON.
Boulevard Certificates of Indebtedneaa— 6s. 1901 tol°02

$4^24

$W£ fim

52

Borough of Richmond.- ( Oon.)
VILLAGE OF TOTTENVILLE—TOWN OF CA8TLETON
When Due.

LOANS—

Water honds-

$20 000

3»a8

1902 to 1926

..

Road Bonds—

,$30.000. ...1902 to 1926

3«s8

LOANS—

Sewer Bonds

|

3^8,

12.000. ...1902 to 1924

....

TOWN OF MIDDLE TOWN.
Refunding Bonds—
$25.000.... 1901 to 1925

4s,

130,000....

MIDDLETOWN SCHOOL DISTRICTS.
When Due,
District No. 2—
LOANS- 1—
5s
$88,000...
District No.

1901 to 1944

,

TOWN OF NORTHFIELD.

—
NORTHFIELD SCHOOL DIS TRICTS

Road Improvement Bonds— 5s,

1927

,

.$150,000

When Due.
District No. 6— (Con.)
LOANS—
1901 to 1922
5s, June, $43,000
District No. 3 —
($2,000 annually to 1921 and
4'es, ..... $2,763 15. .1901 to 1915
$1,000 in 1922 on June 1.)
District No. 4—
District No. 7 —
$l,720....1901tol904
6e
$2.625. ...1901 to 1915
6s.
District No. 5—
District No. 8—
,$19,000....1901tol920
5s
$l,o50.... 1901 to 1905
4%s
District No. 6—
Nov. 1, 1900 5s
5,600. ...1901 to 1916
5s, ...., $3,000
,

,

TOWN OF SOUTHFIELD.
LOANSBonds
Refunding „

,$25,200.... 1900 to 1932

4.8

Road Bon> s—

When Due.
-

1927
1927

,$140,000...
115,000...
,

5s,
5s,

3HOOL DISTRICTS.
,$11,200
District No. 2—

5s

5s

58
.

1901 to 1916

$8,400.... 1901 to 1914

,

District No.

District No. 3 -(Con.)

When Due.

LOANSDistrict No. 1—
3—

1901

$500....

4—
5s
$1,750.. ..1901
District No. 6—
District No.

5s

,

to 1907

$3,150 ...1901 to 1914

$6,300.... 1901 to 1921

5e,

TOWN OF

Wl
1922

$80,000....

5s

$35,000....

4s

Road Bonds— (Con.)

When Due.

LOANS—

Road Bonds—
1920

WE3TFIELD SCHOOL DISTRICTS

LOANS—
District No. 1—
6s,

,

When Due.

$3,200....1901tol916

District No 2—
$2,916

6s,

District No. 5
6s,

,

-

$9,500.. .1901 to 1919

6—
$3,750..
5s
District No. 7—
,

1901 to 1907

.1901 to 1914

$3,500.. .1901 to 1907

4*28,

BUTLER, Mayor.
FRANK J. SULLIVAN, Clerk,

NIAGARA FALLS.-

M. B.

This city is in Niagara County. All bonds are exempt from local taxes.
When Due.
When Due.
LOANS—
LOANS—

School Bonds—

4^s,A&0, $9,000
4s, semi-an,91,000

Miscellaneous Bonds—

1901-1909
1910-1927

Refunding School Bonds—

M&N, $2,500
J&J, 4.000
Water bonds—

4s,
4sl

J&J,
J&J,
J&J,
3^8, J&J,
4^8, J&J,

$3,000
51,000
95,000
38,000
6.000

7a,
5si
4s,

Nov.
Jan.

1918
1921

1901-1902
1903-1916
1901-1918
1915
1911-1912

Sewer Bonds—

5a,

1,
1,

1910

J&J, $18,000

1901-1917
4s,8emi-an.613,000
M&N, 15,000. ...May 1,1919
4s,
4s,

68,000.... July

J&J,

NO.
This

1,1920

. .

HEMPSTEAD.— Edwin C.
Nassau County.

town

is

Willets, Sap.

in

LOAN S—

When Due. BondeddebtDec.l5,1900.$115,500

J &J, $50,000... Deo.1901-1925
9,000.. July. 1901-1909
4s J&J,
4,500. July 1.1910-1914
4s J&J
4 a) J &J, 52,000. July 1,1901-1926
($1,000 yearly to 1925 and
$27,000 in 1926.)
48,

NO.

J&J, $9,000
1914
3%s, J&J,
9,000
1915
Certs, of Indebtedness.—
Var., $27,136
5s,
1901
Ann., 45,000
1902-1910
5s,
Interest payable in New York.
Total debt Feb. 1, 1901.$1,059,636
Water debt (included)
193,000
Ass'd valuation, real... 14,443, 159
Ass'd valuation, pers'l.. 1,026,363
Total valuation 1900.. .15,469,522
Assessment about 23 real value.
Tax rate (p. $1,000) iy00. $15-631
Population in 1900 was
19,457
School District— G.P.Dlemer, Clerk
4s, g.,A&Q, $25,000 Apr., 1921-25
4s.

Assessed valuation 1900 5,535,755
Tax rate (per M) 1900
$17*20
Population in 1900 was
12,048
Population in 1890
8,134

is

When Due.

Water Bonds.
A&O, $275,000. .Apr.
4s,

1, 1924
Paving Bonds (assessment)—
1901 to 1902 4^8, A&O, 125,000. .Aug. 1,1926
J&D, $9,900
Bonded debt Apr. 1,1901.$585,900
($4,950 due yearly on Dec. 27.)
1901-1905 Water debt, included .... 400,000
58, M&8, $23,000
Tax valuation 1900
6,355,112
($4,600 due yearly on Sept. 15.)

6s,

Sewer Bonds—
M&8, $60,000

5s,

1907-1 918

($5,000 due yearly on Sept. 25.)
4s,

J&J, $75,000

1902-1926

Assessment about ^ actual value.
Total tax (per $1,000) 1900.$22-53
Population in 1890 was
4,793
Population in 1900
9,069

($3,000 due yearly on Jan. 1.)
4a7j& J. $18,000... Jan. 1902-1919

INTEREST on all bonds except paving 5s Is payable at the Chase
National Bank; on the paving 5s at the Bank of America, N. Y. City.

North Tonawanda School District No.
A portion of the city's territory.
When Due.
LOANS—
1902-1931

J&J, $50,000... Jan.
($1,000 y'rly to '11; $2,000 to '31.)
4s, J&J, $10,000. .Jan 1902-1911
4h. J&J, $85,000.. .Jan., '15 to '35
(*5,000 in 1915 and $4,000 y'rly.)

4s,

Bond, debt Apr. 1, 1901. $144,000
Asnossed valuat'n 1899.. 5,32:-<,424
School tax (per $1,000) '99..$6-">4
Population in 1900 (est.).. ..9,000

OGDENSBURG.— |d: J

J.

This city

is

in St.

LOANS—

DONAHUE,

CRIOHTON.

Treasurer.
Clerk

Lawrence County,

When Due.

Highway Bonds 1893—
1901-1903
A&O, $6,000
4s,
($2,000 due yearly on May 1.)
A&O, $2,000. May 1, 1904-5
4s,
4s,

1.-

A&O, 36,000...1906tol923

($2,000 due yearly on May 1.)
3«s8, A&O, $2,000. May 1, 1904-5

LOANS—

When Due.

J&J, $29,750

1901-1917

School Bonds—
4b,

($1,750 annually on Julv 1.)
3^8, J&J, 15,000.. July, 1901-'20

Water-Works Bonds—

1901-1908
3 ^28, M&N. $24,000
($3,000 due yearly on May 30.)

.

.

$147,750

Assessment about 3-5 actual value.
Total tax (per $1,000) 1900.$24-46
Population in 1900 was.... 12,633
Population in 1890 was
11,662

1901.. $253,500

I

J.

WARING,

H.

CHAS.

Mayor.

KEEN AN,

Clerk.
in Cattaraugus County and was incorporated as a city April
25, 1893, succeeding the village of Olean.
!

When Due.
LOANS—
City Buildino
412s, A&O, $8,000
1901 -1908
($1,000 due yearly on Oct. 1.)

—

Sewer Bonds—
J&J, $2,300
July 2, 1901
1912-1918
J&J. 35,000
($5,000 due yearly on Jan. 1.)

5s,
4s,

Paving Bonds—

Water Works Bonds—

1901-1904 4138, J&J, $30,000
$5,000
1901-1903
4ias, J&J, 12,500
($1,250 due yearly on July 1.)
1909-1914
5s, Nov. $17,200
1901-1904 Total debt Mar. 1,1901.. $178,425
($4,300 due yearly on Nov. 1.)
Water debt (included)...
70,000
1902-1906 lotal valuation 1900
4s, F&A, $19,550
3,572,670
($3,850 yearly on April 15.)
Assessment about actual value.
1902-1907 Total tax (per $1,000) 1900.$10-00
4s, F&A. $11,400
Population in 1900 was
($1,900 due yearly on Feb. 1.)
9,46
Population in 1890 was
7,358
For debts of Olean School Districts see -Additional Statements" at
5s, July,

New York state.
INTEREST on the city building bonds is payable at the National
Park Bank, New York; on all other bonds at Farmers' Loan & Trust
Co., New York, and Seaboard National Bank, New York.
end of

This
ON EON T A.—When Due.

village

LOANS-

4s
$5.000
Jan. 1, 1902
($1,000 due y'rly) to Jan. 1, 1906
rl9,O0O..July 13, 1901
3»as,
($1,000 due y'rly. to July 13, 1919
5s
,$1,000. .Aug. 1, 1901-02
May 1,1904
5s
6,000
May 1,1906
5s
4,500
,

ONONDAGA
County

in Otsego County.
$5 ,000... Mar. 1,1904
3-65s, J&J, 15,O0O.July 1,1903-17
is

4s

1903-1918
1900.$57,400
Float'g debt (additional)
7,000
Total valuation 1897
1,683,500
Population in 1890 was
6,272
Population in 1900 was
7,147

3H5S.

,

15,000

Bonded debt Nov.

CO.—Irving

1,

Coonley, Treas.

Syracuse.

is

WhenDtie. Total debt Mar. 1, 1901.. $165,000
LOANS—
Penitentiary Bonds—
Tax valuation, real.. 116,298,937
3s, J&J, $105,000 .July, 1901-'29 Tax valuation, person'1.1 1,684,966
($5,000 y'rly to '19; $7,000 to '29.)
Interest is payable at Syracuse.

Total valuation 1900.127,983,903
Population in 1900 was.. .168,735
Population in 1890 was... 146,247

OSSINING.— See Sing Sing.
F. Gleason,
OSWEGO.- T.County.
Oswego
This city

is

City Chamberlain

in

When Due.
School Bonds—
LOANS—
Voting Machine Bonds—
3^8
$6,000. .Oct., 1901-1902
Improvement Bonds—
4s,
Jan., 190206
$5,000
City Bonds—
4s, A&O, $38,43 1 40.. Oct., '02 -'06
7s,

1902 Total debt Mar.

J&J, $4,000

11, 1901

$539,000

Railroad Bonds—
Assessed valuat'n '00..$10.429,791
3^8, J&D, $408,000.... 1902-1918 Tax rate (per $1,000) 1900. $27*20
Population in 1900 was
($24,000 due yearly.)
22,199
21,842
3^8, A&O, $107,000. ...1902-1917 Population in 1890 was
($7,000 due yearly.)

1902-1915
payable at the Am. Exch. Nat. Bank of New York.
The interest and principal of railroad bonds when due are met by the
tax levy of Oswego County.
4s,

,$14,000

INTEREST

is

OSWEGO Oswego Y.— Thomas Moore, Treas.
COUNT
County seats are

LOANS-

Codnty Bonds—

and Pulaski.

When Due. Total debtSept.1, 1900.

$70,000

Valuation, real
24,215,312
1902-1905 Valuation, personal
3, '75,898
,$16,000
3^8,
Total valuation 1900. .27,491,210
($4,000 due yearly on Mch. 1).
3 ifl s,
$40,000 .. Mar. 1 906-09 State & Co tax (per M.) 1899.$6-40
Funding Floating Debt—
Population in 1900 was
70,881
M&S, $50,000
1901-1905 Population in 1890 was
312s,
71,883
NTEREST on the funding bonds is payable New York City
.

,

I

OTSEGO.

in Niagara County.

LOANS—

.

is

. ,

TONAWANDA.-H. M. Stocum, Treas.

This city

1,

OLEAN.-

seat

District No.

(included)

INTEREST is payable at New York and Ogdensburg
TAX FREE.— All bonds are exempt from city taxes.

Olean

$38,250.... 1901 to 1917

5a,

When Due. Water debt

3*28, J&J, $15,000.. July, 1901'20
312s, F&A, 20,000. .Aug. l.'Ol-'lO
4s, J&J, $63,750
July 1,1901
($3,750 due yearly) to July 1, 1917

1900
1927

$2,500

6s,
5s,

LXXII

Vol.

Water Works Bonds— (Con.t
Tax valuation, real
3,465,370
1909-1918 Tax valuation, personal. 774,200
3^8, M&N, $40,000
($4,000 due yearly on May 30.)
Total valuation 1900.... 4,239,570

Total debt Mar.

Road Bonds—

When Due.

LOANS—

SUfftEMENT.

GJTY

This town

is in

Geo W. Wedderspoon.

Supervisor.

Ostego County.

LOANS—

When Due. 3^8, M&S,
3139, M&S,

$3,000... Mar., 1902-16
4,500... Mar., 1917-31
1904 Bond, debt Dec. 1. 1900. $112,500
1902 Assessed valuat'n, real. .2,0 i7,V00
Assessed valuat'n. per'l. 8-7,450
1910 Total valuation 1900. ..2,914,650
3^s, Mar.,
7,000. Sept 1, '01-14 \s8BssmeQt about actual value
Refunding C. & O. V. RR. Total tax (per M) 19 JO..
.$8 40
3>- S, M&S, $47,000. Sept. 1, 01-3'>
Populationia l»0O
4,497
($1,500 yearly to 1926, $2,000 Population 1890 (Census). ..4,917
1927 to 1930.)
C. & O. V. RR.—
1902 to
4s. Mar., $44,500
($7,500 in 1904. $15,000 in
and $14,500 in 1903.)
3*&s, Mar., $14,000... Mar. 1,
,

PEEKSKILL.-Chas.
This village

is

E. Swain.

in Westchester County.

LOANS-

WhenDue.

Floating debt
$14,000
Total debt Feb. 1, 1900.. 2 16,000
,$150,000...
Sinking fund
7s,
33,000
3-70s, J&J, 40,000... July 1,
Net debt Feb. 1,1900.... 183,000
312s,
1,500... $500 yearly Tax valuation 1899
5 ,754,555
3»*s,
8,000...
1929 Total tax (per $1,000)..
$22-50
,
3-95s, .....
2,500.. $500 yearly Population in 1900 was
10,358
Bonded debt Aug. 1, '97. .$191,500 Population in 1890 was
.9.676

Water Bonds—

1904
1922

PLATTSBURG.-A.
Clinton

Williams, President.

County.
When Due. Total debt Jan. 1, 1901.. $183,100
LOANS—
Renewal Bonds
Assessed valuation, real. 1,246,062
1901 to 1904 Ass'd valuation, person'l 329,753
4s,
$4,000
School Bonds (tax exempt)—
Total valuation 1900... 1,675. 815
$58-39
Tax rate (per M.) 1900
$7,300
3^8,
4s
,19,800
Population In 1890 was
7,010
Bonds—
Water
Population iu 1900 was
8,434
1901 to 1928
4s,
$28,000
3««8, 4s & 5s. $124,000
This village

,

is

in

—

:

NEW YOUK-CITISS

1901.

April,

8AMUEL COMLY.

PORT CHESTER.This village

is

President.

NICHOLAS DUFFY.

Treasurer

In Westchester County.

LOANS—

When Due

Building bonds
$500
Bond, debt Mar. 21,1901. 108,500
Street-Lmprovem't Bonds—
3i*S, A&O, $41,000. ...Oct. 1,1903 Assessed valuafn 1900.. 5, 393,557
(52,000 due yearly) toOot. 1. 1923 Assessm't aDoutGO°o actual value.
3^8, g., A&O, $16,000 .Oct.*03-18 Tax rate (per $1,000) 1900. $17*89
5,274
Sewer bonds
$48,500 Population in 1890 was
Park bonds
2,500 Population in 1900 was .. ..7,440

PORT JERV1S.— A.
This village

is

in

Altemerer,

LOANS—

1901... $85,000
Total valuation 1900.... 1,937,895
Assessment about ^ actual value.
Tax rate (per $1,000) 1900 $21 9 4
Population in 1890 was
9,327
Population in 1900 was
9,385

F&A, $50,000
48.F&A, 35,000

Aug. 1, 1911
Aug. 1,1911
Interest payable at National Bank,
Port Jervis, N. Y.

CDr^TTr^T-irrprT7T=)C:TTr
ir^J U Lxrl JrVJi.Il.r-'olll..

—

$

GEO

\

c. *.

1,

M. HINE, Mayor.

HOWLAND

chamberlain.
the county seat of Dutchess County.
When Due.
Sewer Bonds— (Con.)—
LOANS—
Water Bonds—
3s, F&A., 39,000.. Aug. l,1906-'07
7s, M&N, $351,000.. May 1, '01-'13 3s
99.000
4s,
44,000
High School Bonds—
3*28
July 1,1906
10<,000
5s J&J, $3.000
3s,
....
13,000
Bounties—
This city

is

Railroad Bonds—

7s,
7s,
48,
3s,

F&A,

1,

1901-08

228.000.... Feb 1,1902

5,000
158,000

Fallkill Improvem't Bonds—
7s,

F&A, $58,000. Aug.

1,

1909-'!

Deficiency Bonds—

M&N, $83.000
Sewer Bonds—

Asylum Bonds—
3s, M&S, $15,000
1,1902 3s. M&S, 32.000
1,1903
Refunding Bonds—

Feb.
$15,000
6,000 .. .Feb.
20,000
Aug. 1,1903
Aug.1,1904
20,000
10,000
Feb. 1,1904
10.000
Feb. 1.1905
94,000
58.000
3^s,F&A, 58,000
Aug. 1, 1905
38, F&A,$20,0OO..Feb. l,1906-'07

INTEREST

is

1909
1901
1902
1903
1904
1905
1906
1907

May 1,1914

7s.

4s, F&A,
4s, F&A,
4s, F&A,
4s, F&A,
48, F&A,
4s. F&A.
4s,
3*28, ....

M&S, $8,00
4i2S,M&8, 17,000
48.M&S, 17,000
4s,M&S, 20.000
4s, M&S, 18.000
43.M&S, 20.000
3s,M&S, 20,000
3s,M&S, 20.000
5s,

M&N, $40.000.May

1908
1909-1910

$73,000.... Oot.,1901-'29
($2,000 yearly to 1928 and $19,000
in 1929.) (This issue is tax-

3p,

,

exempt.)
1901-1929
3s,
,$43,500
1930
3s,
11,500
Certs. (Sink ng Fuuo Corn's) —
3^28, .... 74.000
|3i4S
1.000
payable at Fallkill National Bank, Poughkeepsie.

TOTAL DEBT, SINKING FUNDS, EtcJan. 1, 1901.
water debt). $1,678,000

Tot. funded debt (incl.
Water debt, included above

538,000

Jan. I, '00.
$l,d88,000
538,000

Jan. 1.'99
$1,701,000
558,000

CITY PROPERTY—The city owns buildings valued at $200,000.
ASSESSED VALUATION.—The city's assessed valuation and tax

rate have been as follows, real estate being assessed at about twothirds of oash value
Personal
Total A ssessed Sate of Tax
Tears
Real Estate.
Property.
Valuation, per $1,000.

—

1900.

$11,777,400
11,539,175
11.512,170
11,721,675
10,799,170
10,556,320
9,718,890

1899
1898
1897
1895
1891
1890

$1,981,700
1,856,700
1,879,100
2,055,600
1,890,050
2,379,850
3.813,850

$25-40
24-50
23-40
23-44

$13,759,100
13,394,875
13.391,270
13,777,275
12,689,050
12,436,170
13,532,740

23-44
23-44

;

in

1880

it

1900 population was 24,029; in 1890
was 20,207 in 1870 it was 20.080.

it

was

;

QUEENS CO.— Chas.

L. Phipps, Treasurer.
County seat is Long Island City. A good part of the old County of
Queens is now included in the Greater New York, and. a law changing

name

the

of that portion of the old county outstite of Greaier

New

York to Nassau County went into effect January 1, 1899. The
amount of the outstanding bonds of tbis oounty which will be chargeable to the city of New York has been finally determined by the
Supreme Court (V. 71, p. 875.) Under this decision the city of New
York is liable for $3,796,032 11 of the old debt of Queens County as
it stood at the date of division
and the remaining $1,011.967 89
becomes an obligation of Nassau County. Instead of apportioning
certain bonds to New York City and to Nassau County, the debt and
interest will not be divided, but will be paid by New York City,
Nassau County paying over its proportion as it becomes due. New
York City pays -78952 414973 of the principal and interest as it
becomes due, and Nassau County -21047585027.
The statement below shows the obligations of the old County of
Queens which remained outctanding on Dec. 3 1900.
When Due.
Road Bonds— (Con.)—
LOANS—
Flushing Highway—
4s, J&D,
$55,000. ..Dec. 27, 1917
4s, semi-an., $45,000 (gold) 1902 48.J&D 1,339,000.... Dec. 1. 1917
Gold Bonds
4s, J&D,
50,000.. Deo. 15, 1917
4s, J&J, $110,000
4s, J&D, 240,000. ..Dec. 15, 1917
1

,

•

4g, J&J, $151 ,000g.

.July 1,1916

Funding Bonds—
JAD, $260,000.... Deo. 1.1927
J&D, 50,000.... Deo.15, 1917
Building Bonds—
4s, J&D, $10,000.... Dec. 27, 1902
4s. J&D, 120,000. ...Dec. 15,1927
Boas Bonds—
. .

4s,
4s.

4s,
4s,

A&O, $340.000... Oct.
M&N, 375,000. Nov.

15,
15.

4g,
4s,
4s,
4s,

400,000.... May

1, 1922
Nov. 1, 1916
A&O, 6 18, 000.... Apr. 1,1917
A&O. 135,000.... Oct. 1,1917

J&J,

M&N,

275,000

g.,

Other Bonds—
4s,

1901
J&J, $105,000
($15,000 due yearly) to 1907

4s, J&.T,

$100,000.. Jan.

1,

'10-19

1917 Total debt Jan. 1, 1901.$ 1,778.000
1917 N. Y. (ttv'H prop'n... 3,772,346 39
Nassau's proportion .1,005,653 01

RENSSELAER.— C.

W. Riley, Treasurer.

This city, formerly the village of Greenbush, was incorporated April,
1897, and is in Rensselaer County.
"'hen Due.
LOANS—
Sewer Bonds Broadway Bonds—
4s, J&J, $10,000
July 2, 1901
413s, J&D, $19,000.. .June 1, 1905 4s, J&J,
July 2, 1902
5,000
Paving Bonds—
July 2. 1903
la, J&J,
10,000
4s, Sept. 11, $5,000. Sept. 11, 1901 Total debt Jan. 1, 1901. $24l,(too
4s, Sept. 11, 56,000. Sept. 11, 1911 Sinkingfund
19,000
4s, Oot. 20, 2,000... Oct.20, 1901 Assessed valuafn 19f)0.. 3.421,817
4s, Oct. 20, 32,000... Oct.20, 1911 lotal tax (per $1,000) 1900.$27-40
4s, Deo. 15, 72,000. .Dec. 15, 1911
7,466
Population In 1P00 was
4s, A&O,
30,000.. Oct. 11, 1912 Population in 1890was
7,301

INTEREST
cial

on the sewer bonds is payable at the National CommerBank, Albany on all other bonds at the Albany County Bank.
;

Mann,

P.

Treas.

Troy.

War Bonds (renewal)—
When Due.
LOANS—
Feb. 1,1906
4s, F&A, $30,000
Court-House Bonds (reg.)—
1902-1910 48.F&A, 20,000
Feb. 1,1907
3»2S, A&O, $54,000
Feb. 1,1908
4s, F&A, 27,000
($6,000 due yearly on April 1.)
4,000. Feb. 1, 1902-'05
3^s, A&O, $120,000.... 1911-1930 4s, F&A.
($1,000 due yearly.)
1, 1902-'03
($1,000 due yearly.)
4s, F&A, $30,000. Feb. 1, 1902-'16
($2,000 due yearly.)
3Hs, F&A, $29,0001. Feb.,1902-'30
Refunding Bonds:
3^9. F&A, $20,000 Feb. 1,1902, to
($1,000 due yearly) Feb. 1, 1921

($6,000 due yearly on April 1.)
A&O. $105,000. Apr. 1 '3 1-'45
($7,000 due yearly.)
,

3*23,

A&O, $25,000.-1941

1945

to

F&A, $2,000. Feb.

4s,

1.)

House of Industry Bonds—
Feb. 1,1902
F&A, $40,000
Sinking Fund Bonds—
.Apr. 1, 1902
3^s, A&O, $30,000.

—

($10,000 due yearly) to Apr. 1.'07) 3^8, F&A, $16,000 .Feb. 1, '02'17
3^s, A&O, $75,000. ..1913 to 1917 Bonded debt Feb. 1, 1901. $739,000
Tax valuation, real
72,492,317
($15,000 yearly on April 1.)
War Bonds (renewal)—
Tax valuation, pers'l.. 7,713,901
Feb. 1,1902 Total valuation, 1900. 80,206,218
4s, F&A, $9,000
Feb. 1, 1903 Population in 1900 was. ..121,697
4s, F&A, 13,000
Feb. 1, 1904 Population in 1890 was. ..124,511
4s, F&A,
7,000
Feb. 1, 1905
4s, Fa A, 30,000
INTEREST on the court-house and sinking fund bonds is payable
at the office of the County Treasurer on all other bonds at National
State Bank, Troy.
;

RICHFIELD SPRINGS.— A.

Monroe Freeman, Treasurer. This village is in Otsego County.
When Due. Total debt Feb. 25, 1901 $76,000
LOANS-

—

Railroad Bonds—

Water debt (included)
47,000
Pastdue Tax valuation, real
1,205,180
90,950
Tax valuation, personal.
.

,$4,000

5s,

Sewer Bonds

-

,

Assessment about
1901-1920

$20,000

($1,000 yearly.)

Aug.

$20,000

5s,

1,

.

...1 ,296,130
actual value.
Total tax rate (per M.) '00.. $28-00
Population in 1890 was
1,623
Population in 1900 was
1,537

Water bonds—

4s,

.

Total valuation 1900

,$25,000.. .June. 1915-24

5s

1903

*2

7,000. ...Nov. 15, 1909
INTEREST is payable at the First Nat. Bank of Richfield Springs
Bonds are exempt from all taxes.
TAX

5s

,

EXEMPT—

RICHMOND CO.— New York
JOHNSTON,
D/^r-uccT'Trrj — 5—- — WILLIAMS.
rtL^Orlii.C)IIl.±-e.
Monroe
— When
LOANS—
NAME AND
See

City.

•

Comptroller.

Treasurer.
$g. b.
Rochester is the county seat of
county.
Principal.
Interest
Outstand'g.
Due.
Rate. Payable.
PURPOSE•Bridge bonds
Jan. 1, 1920
$100,000
r 3
Subject to call after Jan. 1, 1900.
'Bridge bonds
July 1, 1922
100,000
r 3*2 J & J
Subject to call after July 1, 1902.
•Bridge bonds
100,000
r 314 J <fe J
Sept. 1, 1921
Subject to call alter Sept. 1, 1901.
tCity Hall commission., c 7
335,000
Jan. 1, 1902
"Consolidated loan
Aug. 1, 1912
100,000
r 3^ F &
7
1
•East side trunk sewer... r 4
150 000
\ j^s'ooo yearly }
Subject to call after 20 years.
1
1
do
do
500 > 000
....r 3*2 J & J
yearly .?

.

J&J

J&J
A
J&J

'

I

g^OOO

Subject to call after 20 years.

d0

2510

POPULATION—In

22.206

is

4s,

When Due. Total debt Mar.

Sewer Bonds—

seat

($5,000 yearly on April

Clerk.

Orange County.

4s.

RENSSELAER CO. — Elias
County

3139,

P.

53

TOWNS.

/*NB

3*

d0

&

J

7

J
I

g;oy yearly

Subject to call after 20 years.
tFunding, 1875
r 7
Jan. 1, 1905
Local imp't bonds, 1899.. 3% F &
Oct. 2,1919
t Park bonds, 1888
July 1, 1928
r 3
Subject to call on and after July 1, 1898.
fdo
1896
1936
3»a J & J
Subject to call after Feb. 28, 1906.
Railroad loans—
tRefunding RR
Jan. 1, 1902
7
t Refunding RR
Jan. 1, 1903
....0 7
•Refunding RR., 1893.. r 3^2 F & A
Feb. 1, 1913
Subject to call after Feb. 1, 1903
"tWaterw'ks, 1873-76. r&c 7
Jan. 1, 1903
do
do
Feb. 1, 1943
r 4
F & A
Subject to call after 20 years,
tdo
Feb. 1, 1942
1892. r 3>3 F
Subject to call after Feb. 1, 1912.
Ido
Feb. 1. 1944
1894. r 3*2 F & A
Subject to call Feb. 1. 1914
•do
3H F & A Feb. 1, 1914
-Watershed bonds. ..1898 3*2
Aug. 1. 1918
* $5,000 each.
t $1,000 each

?

J&J
A
J&J

J&J
J&J
J&J

I

410,000
500,000
300,000
60,000

4,000
72,000
745,000
3.182,000
300,000

&A

500,000
950,000

250,000
200,000

F&A

INTEREST— With

250,000

the exception of the City Hall Commissioners'

loan, which is payable at the office of the City Treasurer, all bonds and
interest are payable at the office of the Union Trust Co. of New York.

TOTAL DEBT, SINKING FUNDS, EtcT«n. 1,1900. <ug. 1,'99 Jan., 1898. Jan., 1897. Jan., 1896.

Bonded debt. $9,1 12,000 $8,616,000 $8,420,000 $8,424,000 $8,443,000
Water debt... 5,792,000 5,792,000 5,592,000 5,342.000 3,592,000
On January 1, 1900. the city had a sinking fund of $606,529 95. In
addition to the above debt the city had on Jan. 1 1900, a floating debt
of *1,917,669 97, consisting of outstanding notes and " contractors'
acceptances," payable largely by assessments.
Genesee Valley Railroad refunding loan, due from 1901 to 1903, is
provided for by excess of receipts from lease to N. Y. L. E. & W. RR.
,

after interest on the loan is paid.

ASSESSED VALUATION.—The

ate have been as follows, real
to 80 per cent of actual value.
Real
rrars.

city's assessed valuation

estatr

Personal
Properti/.

Estate.

1900
1899
1898
1897
1896
1895
1890
1880

$13,644,950
8.107,820
10,966,015
5,113,050
5,692,804
81,200

$102,303,200
102,153.875
101. H 7,7-25

101,065.200
100.054.350
99,389,050
88.053,750
34.408.725

»37,950
1.430.144

POPULATION — In 190C (U.S. Censusi

133,896; in 1880

it

was 89,366;

ROCKLAND
New

City

i8

in

Rate of Tan
per $1,000.

$1983
17-27
15-90
16-18
20-37
16-19
15*20

2386
it was

was 162.608; in 1800
1870 it was 62.386.

CO.— W.

the county seat.

and tax

being Assessed at from 60

J.

Randolph,

Treae.

——

)

54

st*t£ /kWB city suffttMtWT,

When Due. Bond, debt Feb. 1 1901 $193,000
LOANSAssessed val*ation. real. 16, 239,213
County Roa' Bonds—

LOANS—

I

I

.Mar, 1, 1902
$10,000.
'9.500. .Mar. 1 '03-'05

5s

I

.

4»«8,

County Bonds—
5s

I

|

$48,000 Mar.

,

3«98,

•06-'13

1

|

887,125
Assessed val'ation. per'l
Total valuation, 1900.. 17,126,338
Population in 1*90 was. ...35,162
Population in 1900 was ....38,298

J&U, 110,000. June, 1914-'24

This city

is

CASWEI
CARROLL, Chamberlain.

— $H.

A.
}j. H.

ar^TVTV?
rlVJlVlJli.

in

Oneida County

LOANS-

LOANS-

When Due.

When Due

Bchool Bonds—
F&A, $55,250

City Hall Bonds—
Nov. 1, 1901
<$1,000 due v'rly) to Nov. 1, 1904
4s, J&J, $5. 0(0... J an., 1902 to 't 6

4s, J&J, $4,000

1902
1918
1900.. $426,564

4s,

Feb.

1,

(*3,V!50 yearly) to Feb. 1,

Total debt Dec. 1,
Water debt (included) .... 1 60,000
Assessed valuation, real. 6,6 17,490
Sewkr Bonds—
810,746
4s, J&J, $150,000. Apr.15,1907-21 Assessed valuation, perl
7.428,2: 6
Total valuation 1900
($5,ooo y'ly to 1920; bal. due 192
4e, JAJ, $37,000.... Apr. 15, 1921 Total tax (per$l,000) 1900. .16-24
15,343
Population in 1900 was
Water Bonds
14,991
3*38, J&J, $160,000. Sept. 15, 1911 Population 1890 was
The total tax rate given above includes State, county and town tax,
$8-29; city tax, $8-40; school tax, $4-37.
($1,000 yearly.)

1

—

PAR VALUE-—The water and

sewer bonds are for $1,000 each;

all

others $500 each.

ST.

LAWRENCE CO.— M. H. Flaherty, Tr.

County seat

is

When Due. Total debt Jan. 1,

1901.
$88,000
35.084,848
Assessed val., real
Assessed val. person'l 3,844 ,910
Total valuation 1900. . 38,929,758

Feb., 1902-'04

,

Codrt House Bonds—
1902-1911
4a, M&S, $50,000
($5,000 due yearly on Mar.

Assessra't

is

85%

of act. value.

Population in 1890 was
Population in 1900 was

1)

Bonds—

Mar. 1,1913
($5,000 due y'rly) to Mar. 1, 1917
INTEREST is payable at County Treasurer's

85,048
89,083

$25,000

4e, ....

office,

in

SARATOGA
County seat

is

CO.— B.

B. Grippin, Treasurer.

Ballston.

LOANS—

When Due. Total debt Aug. 1, 1899. $135,000
Tax valuation, real
23,716,694
Feb. 1,1902 Tax valuation, person'l. 1,R18 530

County Bonds—
F&A, $13,000
4s, F&A, 14,000
4s, F&A, 15,000
4b, F&A, 16,000
48, F&A, 17,000
4s, F&A, 18,000
48, F&A, 18,000
4a,

1903 Total valuation 1900 .25,335,224
1904 Assessm't is nominally full value.
$2-48
Feb. 1,1905 State tax (per $1,000) '97
Feb. 1,1906 County tax (per $1,000) '97. 4-68
Population in 1900 was
Feb 1,1907
61,089
Feb. 1,1908 Population in 1890 was
57,663
The foregoing bonds are coupon bonds for $1,000 each.
INTER EST is payable at the Co. Treasurer's office, Saratoga Springs.
Feb.

Feb

1,
1,

.

SARATOGA SPRINGS.-Jas. D. MoNulty,
Clerk.

—

This village

LOANS—

is

,$5,000.

Sewer Bonds—
5a,
58,
5a,

MA S,

M&S,
M&S,

1898 4
1899 4
1900 4
Street improvements
4
do
do
1900 4
Water
1885 4
do
1885 4
do
1885 4
do
1894 4
do
1894 4
do
1893 4
do
1895 4
do
1895 4
do
1895 4
do
1895 4
do
1895 4
do
1896 4
do
1886 3
do
1886 3
do
1889 3
do
1889 3
do
1889 3
do
1886 3
1«98 4
do
do
1899 4
Promissory notes
1898 4s

& D
& J
& D

J
J
J

Outstand'g.

June 1, 1924
July 1. lf-25
June. 1912-'15
1900 to 1903
May, 1902-1^05
Nov. 1, 1902
Nov. 1, 1903
Nov. 1, '08 to '15)
$10,000 yearly,
Aug. 1, 1911
Aug. 1, 1912-13 )
$8,000 each year
Aug.15, 1911-'13
May 15, 1911
May 15, 1912
May 15, 1913
May 15, 1914
May 15, 1915
July 15, 1916
Nov. 1, 1902
Nov. 1, 1903
Feb. 1, 1907
Feb. 1, 1908
Feb. 1, 1909
Nov. 1, 1916
June, 1917 1918
July 1. 1919

May

M& N
M& N
M& N

F&A
F&A

$15,000
15,000
95.(

\

M&
M&
M&
M&
M&N
J&J
M& N
M&N

F & A
F & A
F & A
M&N
J & D
J & J
May 14

May 14,'01-'02

5

00

178,251
34,489
5,000
5,000
80,000
13,000
16,000
28,000
15.000
40,000
40,000
60,000
60,000
30,000
3,000
4,000
13,000
15,000
15,000
10,000
32,000
15,000

j

F &

4,502
$2,251 26 yrly S
Feb. 9, '02 '03 )
1898 4s Feb. 9
9,494
do
do
I $4,747 yearly l
5 Feb.24,'02-'04 )
reD. zt
1900 is
/,1U4
do
do .
}$ 2 ,368 yearly*
I $2,368 yearly 5
1901 to 1904
40,741
do
1900 4s May 10
do
Temporary loan for street improvements, $8,824.
PAR VALUE OF BONDS.—These bonds are all in $1,000 pieces.

When

due.

Sept

1901
I

$4, 000.. Sept., 1901-1904
24,000. Sept. 1, 1905'08
3,000. Sept.l, 1909-1911

Village Hall Bonds—

6s,
5s,

|

I

MAS, $5,000
M&S, 35,000

Sept. 1,

5s.
4s,

payable at the

M&S, $19,000
M&S. 105,000

Etc.—The

office of

the City Treasurer.

city's total

ASSESSED VALUATION.—The

city's assessed valuation (from 13

and tax rate have been as follows:

1.)

1901-1905
1902-1917

(Part due yearly on Sept. 1.)
1902-1920 4s, M&S, $25,000.. Sept., 1902-'06
4s, ..... $95,000
4s, M&S,
($5,000 due yearly on Aug. 1.)
25,000.. Sept., 1907-'ll
(For debt of Saratoga Springs " town," see additional statements
end of New York State.)
TOTAL DEBT, Etc.—The bonded debt of the village oh March 1,
1901, was $345,000; water debt (included in total), $214,000.
ASSESSED VALUATION— In 1900 the assessed valuation of
real estate was $6,116,005 personal property, $402,870; total valuation, $6,518,875. Property is assessed at about ^ of ita actual value.
POPULATION— The population in 1900 wras 12,409; in 1890 it was
11,975; in 1880 it was 8,421. bummer population 35,000 to 50,000.
I

Rate

Total

Personal

Real

Property.

$1,570,900
1,253,575
1,181,736
1,058,036
1,110,036
567,970
460,010

$10,429,100
9,423,800
9,159,500
8,973,800
8,872,750
7,636,700
2,933,400

POPULATION— In

oj

Tax per

Assessed
Valuation.

$12,000,000
10,677,375
10,341,236
10,031,436
9.982,786
8,204,670
3,393,410

Estate.

Tears.

1899
1898
1897
1896
1895
1890
1880

$1,000.

19-50
19-50

1730

1900 (Census) was 31,682; in 1890, 19,902;

in 1880, 13,655; in 1870, 11,026.

FALLS.— G.
SENECA Seneca
town
This

\V.

Pontius, Supervisor.

County,

is in

When Due.

LOANS—

Assess'd valuat'n, pers'l. $311,950
Total valuati on 1900 .... 3,684,885
Assessment about actual value.
5s, J&J, $109,500.... July 1,1903
110,000. . July 1, 1913 Total tax (per $1,000), 1900. $9-90
5s, J&J,
7,305
Total debt Mar. 1,1901.. $219,500 Population in 1900 was
6,961
Assess'd valuation, real.. 3,372,935 Population in 1890 was
INTEREST is payable by the Metropolitan Trust Co., N. Y. City.

Refunding Bonds:
.

.

I

I

Improvement Bonds—
4s,
4s,

M&N,

is in

Westchester County.

Name

by Legislature at 1901 session.
When Due. 4s, A&O, $100,000

to Ossining

LOANS—

1910

1911-1917

($5,000 due yearly on Sept.

I

is

to 23 actual value)

When Due.

Water Bonds—
1.

INTEREST

was changed

LOANS—

I

'

SING SING. — This village

in Saratoga County.

Floating Debt Bonds —
Ha

-Principal.'

When Due.

bonded debt on Mar. 1, 1901»
was$865,000. Watfrdebt(included),$512,000; sinking fund,$111.000
In addition to the above debt, there are notes outstanding for strtet
improvements aggregating on Mar. 1, 1901, $361,235 4?.

Massena.

Baxter. Supeivisor.
Onondaga County
When Due. Total valuation 1900 ..$1,527 230
LOANS—
As* essm't about 70 p. c. real value.
Syracuse North. RR Bonds—
4s, M&S, $129,600. Sept. 1, 1901 to Total tax (per $1,000) 1900.$9-77^
3,745
($3,600 due yearly) Sept. 1. 1936 Population in 1900 was
3,490
Total debtMarch 1,1901. $129,600 Population in 1890 was
INTEREST is payable by the Union Trust Co., New York City.
is

do
do
do

TOTAL DEBT,

SALINA. — G.
This town

—

Rate Payable.

<

Armory Bonds—
4s, Feb., $6,000

Interest.

'

name AND PURPOSE.
Sewer— (Con.)

LXXII

Vol.

I

Canton.

LOANS—

Jail

)

,

1900-1908
1900-1909

$8,692

A&O, 8.076 05
Water Bonds—
4s, A&O, $14,000

Oct. 1, 1918
30,000
Oot. 1,1919
Total debt Feb. 1, 1900 ..$176,000
Int. pay. at 1st Nat. Bk. Oasining.1
Tax valuation 1899
$5,669,1 10
Population in 1890 was
9,352
Population in 1900 was. ... 7.939
4s,

Oct. 1, 1901

($2,000 due yearly) to Oct.

1,

1907

A&O,

A&O, $30,000

Oct. 1, 1908
($3,000 due yearly) to Oct. 1, 1917

4s,

|

SODUS.-W.
This town

—

.

.

F&A

**>

'

F&A^g;^

1898

4

F& ^i^oobT^'i
April, lb20-1923>

».ooo

LOANS—

1899

4

A & O}$3,000in'20.theu£
($5,000 yearly.

Fire loan

do
Park

Sewer
d0
do
do
do
do
do
do
do

do
do

Whe?i Due.

1900
1900
.1900
1900
1884
1884
1891
1892
1894
1896
1886
1887
1889
1890
1890

4
4
4
4

4
4

4
4
4
4
3
3
3
3
3

F&A}

F&A
J &
J&J
A & O
L)

A & °\
A & O
A & O

F&A
J&J
A & O
F&A
A & O
F&A
F&A

9
7l'fo 202.
Feb., 1905-14

)

l

V

}

June. 1916 19
Juiy 1,1909
Oct.

1,

1920
1921
Aug. 1, 1922
Julyl5,1923
Oot. 1, 1901
Aug. 1, 1904
Oct. 1, 1908
Aug. 1, 1910
Aug. 1, 1911
Oct.
Oct.

1,
1,

75 000
10,000
25,000
'

6,000
5,000

1904

9
$lo!o 0°Oy^rly.

18,000

i

30,000
10,000
10,000
15,000
5,000
10,000
5,000
5,000
13,000
10,000

Net debt Deo. 1,1900.... $85,081
Assessed valuation, real. 1,973, 401
valuation, pers'l. .287,400
Total valuation lb00....2,2« 0,801
Assessment said to be fuU value.
Total tax (per $1,000) 1900. .$901
Population in 1900 was
5,118
Population in 1890 was
5,157

5a,

F&A, $90,000 Feb. 1....1902 Assessed

5s,

F&A, $12,000 Feb. 1....1911

($10,000 due yearly) to 1910
Interest is payable in N. Y. City.
Total debt Di c. 1, 1900.. .$102,000
16,919
Sinking f und assets

This village

Electric Light Bonds—

4s.

$6,000
1903-1927
4a, J&J, 16,500
($660 vearly on Jan. 1)
1903 to 1927
4s, J&J, $4,850
($1»4 due yearly on July 1.)
.....

,

SYRACUSE.
Syraouse

is

situated in

was annexed on Jan.

LOANS—

NAME AND PURPOSE.

1,

is

in Erie County.

Water Bonds—

When Due.

LOANS—

1927

$28,000

Total debt Feb. 1, 1901.... $55,350
Assessed valuation 1900.. 736,925
Tax rate (perM) 1900
$7-08
Population in 1900 was
1,992
Population 1890
1,883

JAMES
H.

'J.
(

C

do

Toor, Clerk Bd. Supervisors.

S

This city is situated in the county of the same name, and was incorporated in 1798.
Interest.
Principal
LOANS—
Rate. Payable.
When Due.
NAME AND PURPOSE.
Outsland'g.
F
15
1889 3
|5,000 yearly ? * 30 000
?
«to;i9^
*»
1«K)8
20 ,000
e

do

J.

Wayne County.

JACOB
A rw
1AJJY •— UOS. H. W. CLUTE, Mayor.
BERNARDI. Treasurer. SPRINGVILLE.-

C/^« WrP KTPrr^ rT'
^L/Jrii^INt-O

*>

in

Rome Watert'n & Ogd. RR.—

;

,

is

E. F.

K. McGUIRE, Mayor.
SAUNDERS, City Clerk.
ALLEN. City Treasurer.

Onondaga County. The
1900.
Interest.

«

—

Rale. Payable.

Refunding RR. Bonds.... 1899
Collegiate bonds
Local improvem't bonds. 1897
do
1898
do
1898
do
do
do
1899
do
do
1899
do
1900
do
do
1901
do
do
Voting machine bonds... 1901

4

4
4
4
4
4
4

& D
J & D
M&8
J

village of

Elmwood

-Principal.-

When Due.

Outstand'g.

Oec. 30, 1^29
Dec. 1. 1926

$915,000
100,000

1901
Feb. 1 1902
Oot. 1, 1 901 -'02

25,000
33,000
10,000
Jan. l,1902-'08? .« 400O
J
iS4 000
i $22,000 yearly ]
Deo.l901t.'O8 248,000
July, 1901-'09
54,000
4
216,000
4
Fen. 1902-'10
Jan. 1902*04
30,000
4s.
417,268
Temporary loans (advances to contractors)
l,1902-'03;
J Feb.
2,000
1894 4
Refunding bonda
I $1,000 yearly.
28.500
Feb. 1, 1904
1894 4
do
do

F&A
A&O
J&J
J & D
J&J
F&A

Sept..

,

.

J&J

F&A
F&A

]

—

NEW YOPK-CITIES

April, 1901.

JLOANS—

l

Interest.

NAME AND PURPOSE.

—

Principal,

,

.

WhenDne.

Rate. Payable.

8ohool bonds

do

1896

do

do
«o
Elm-wood school bonds
City Hall bonds
Waterloan
do
do
do
do
do

1900

34

J^O%00

&

J

5s

1889
1894
1892
1892
1893
1894
1895
1890
1891
1897
1H9H
1901

-

F & A

3

& J
& J
& J
& J
& J
& J
3
& J
do
do
3
J&J
do
34 J & J
do
34 J & J
do
34 A & O
PAR VALUE OF BONDS.—The bonds
44
34
3"a
34
34
34

J
J
J
J
J
J
J

yeariyi 85,000
June l903-'06
6,000
Aue. 1, 1909
300,000
July 1, 1920
500,000
July 1, 1920
500,000
July 1, 1920
500,000
July 1, 1920
500,000
July 1, 1920
500,000
300,000
July 1, 1920
July 1, 1920
500.000
July 1, 1920
500,000
Jan. 1, 1927
100,000
Jan. 1, 1928
100,000
Apr. 1, 1902-'21 100,000
are in $1,000, $5,000 and

$10,000 pieoes.

TAX FREE—The local Improvement bonds are exempt from taxation.
INTEREST

on the water bonds is payable at the office of the Metropolitan Trust Company, New York; on all other bonds at the office of
the United States Mortgage & Trust Company, New York.
TOTAL DEBT, Etc.—The total bonded debt on March 1, 1901, was
$6,75i,768 50, including water debt, $4,000,000, local improvement
bonds, $740,000, and $417,268 ?0 temporary loans advanced to contractors. Sinking fund, $21,000
ASSESSED VALUATION.— In 1900 the assessed valuation of real

estate was $78,848,305; of personal property, $8,948,461; franchise
taxation, $3,245,400; total, $91,042,166; total tax rate 1900 (per
$1,000) $20-39. Property is assessed at " about 75 per cent of its
actual value."
In 1900 (U. S. Census) was 108,374; in 1890 it was
88,143; in 1880, 51,792.

POPULATION—

TARRYTOWN.- Warren C
is

Brown,

Vil. Clk.

in Westchester County.

LOANS-

When Due.

Sewer Bonds—

J&D, $65,000
J&D, 65,000,

4s,
4s,

June

1,

1919
1926

8

Total debt Mar.l, 1901... $431,000
\
Assessed valuation, real.8,968,645
Ass'd valuation, pers'al.. 3,506, 945
Water Bonds—
Total valuation 1897... 12,475,590
4s, J&D, $54,000 June 1, 1901-'18 Tax rate (per $1,000) 1900.. $6 00
June 1, 1919 Population in 1890 was
4s, J&D, 75,000
3,562
4s. J&D, 180,000 .. June 1,1926 Population in 1900 was
4,770
Interest on sewer bonds is payable at the Tarrytown Nat. Bank

J&D £$57,000.1901 to 1916
($3,000 due yearly).

4s,

THOMPSON. —
LOANS—

Railroad Bonds—
M&S, $72,000... Sept.
M&S, 163,000. .Sept.

1903
1903 Population in 1900 was
3,739
Total debt Mar. 1, 1901.. $235,000 Population in 1890 was
3,462
Assessed valuation, real. 5,908, 198
INTEREST is paid at the Fourth National Bank of New York

T1CONDEROGA. —This
LOANS—
A $8,000
4s, F
A 10,000.
4s, F & A 15,000
<fc

4s,
4s,

F&A
F&A

17,000
20,'

Aug.
... Aug.
Aug.
Aug.

00

1,
1,
1,
1,

Ausj. 1,

1902
1907
1912
1917
1922

I

I

Tax

rate (per $1,000) 1900. 27-00
Village population 1890
2,267
Village population 1900
1,911

TONAWANDA.-J. G.

Billinger

Vil. Fivas.

Tonawanda Town, Erie County.
VILLAGE LOANS- When Due. Assessment is 23
This village

Is

in

actual value.
Village tax (per M) 1900..
$9-97
Population 1890 was
7,145
Population in 1900 was
7,421
TuWX DBBT-J. C. Patton, Sup.
Town debt Jan. 1, 1900.. $10,000

Sewer Bonds—

4s.

J&J, $126,000... July

Water Bonds—
4s,
5s,

1,

1902-9

J&J, $150,000... July 1, 1912
J&J,
65,000... July 1, 1914

Street Bonds—
J&J, $25,000.. July 1, 01-1903
Village bonds are tax exempt.
Bonded debt Apr. 1,1901.$ 166,000
Floating debt

I

'

18,000
4,114,998
payable at the Seaboard Bank.
I

Tax valuation 1900

INTEREST is

Town debt In litigation. 202,000
Town valuation 1898
6,562,254
Town tax (per $1,000) 1894.. 21.36
Town population 1890
7,636
Town population in 1900.... 8,626
.

6s.

New York

Tonawanda Union Free School

—E. G. Riesterer, Treasurer.
LOANS—

When Due.

4s. 1892. $30,000... 191 3 to
4s. 1997,
42,000. ..1938 to
4s, 1898,
12,000... 1919 to

1922
1947
1«22

Total debt Apr. I. 1901... $84,000
School tax (p«r M.) 1 8a9
$8 97
Assessment 23 actual value.

E.

5

.

Troy

Comptroller.

situated in Rensselaer County. On Jan. 1. 1901. a bill known
as the "Greater Troy Bill" became operative. Under its provisions the
village of Lansinsrburg and portions of the towns or Norrh Greenbush
and Brunswick became part of the City of Troy.
Interest.
LOANS—
Principal.
NAME AND PURPOSE.
Rate. Payable.
When Due.
Outstand'o,
Bonds (funding)
c 4
Jne2,'01to'1904
b$95,00o
Maturing $20,000 or $25,000 each year.
Is

—

—

.

.

J&D

do
do

do
do
City hall bonds

^

_

Park bonds
do
do
do
do
Public building,

do
do
do
do

do
do
do
do

r

1887 r
1876c
Maturing
1894
1894
1895
1895
1895
1884 r

07
3* F & A J Yl^OOO^arly \ »«S0.000
34 J & J
July 14, 1907
clO.000

J&J

6
July
$3,000 each year.

34 M & N
31* A & O
34 J & D
34 J & D
34 J & D

4
r 4
1886 r 4
..1«93 4
..1893 4

M&

8

M&N

($10,000 due yearly.)

a3,000

May 1,1909

1,1910
June 1,1911
June 1, 1912-'13
June 1. 1914
{

A & O
A & O

1901

Oct.

8

M&

1,

^OWyeariy!

9

8ept,20, 191o'
Nov. 20, 1911
Oct. 16, 1904
Oct. 16, '05 to '08

a3,000
a5,000
a4,000
a2,000
a4,000
»>90,000

\

1890.
1890.
1890.
1890.
1891.
1891.
1891.
1890.
1890.
1891.
1891.

do
do
do
do
do
do
do
do
do
do
do

Rensselaer

1896.
1897.
1898.

St.

imp. .1895

3
3
3

do
do
do
do
do
do

& A\

*

a &
A a,

3
3

3
3
3
3
3

34
34
34
34

$24,000
clO.000
12,000
6,000
6.000
52,000

$8,000 yearly. J
1, 1908
r>$Oct. 19, 1901 -'02)
u * $6,000 yearly. $

F&A

Aug

J&D
J&D

June
June

1,
1.

1910
1911

5 Nov

M & N*
1X1 Mr

)
-> 1909-'13
$10,000 yearly \
Feb. 1905 1914

I

F&A

5

F&A
M&N
A & O

I

1

'07,

50,000
15,000
40,000
40,000
15.000
20,000
30,000
c70,000

1902-1908
Oct. 16, 1912
Oct, 16, 1913
Oct. 16, 1914

A & O
A & O

J&D Dec. 1910
J&D Dec. 1911
Dec.
1912
J&D Dec. 15, 1905-'ll
u $io,000 yearly.
j
J&D 5Aug.l,1909-*14)
Dec. 15. 1912
F&A $10,000 yearly.
* & A
J&J Jan. 10, 1913
J&J Aug. 10, 1914
Jan.
F&A
M&S Sept. 1915
M&S Sept. 1901
1903
M&S Sept. 1902
M&S Dec. l,1905-*08
Sept.
1904
J & u
J&D $10,000 yearly
15,1908
J&D June 15, 1905
June
J&D June 15, 1909
J&D Dec. 1906
1909
Dec.
J&D Sept, 1908
M& 8
1909
M&S Sept. 1915-'16)
T.JDec.
u $24,000 yearly.
*
Deo. 15,1916
J&D Dec. 15,1915-20)
1,

1,
1,

T

j,

ol

<

t,

]

}

i

J

8,000«

5

t\

a,

)

5

1,
1,
1,
1.

T
J

M

Ar u
* t»

750

5

J

I

$10,000 yearly.

\

* xN Nov !• 1901-'04)
* N* $5,000 yearly. \
I
-

cd25,000
clO.000
20,000
20,000
16,000
C40.000
clO.000
clO.000
clO.OOO
8,000
clO.OOO
20,000
48,000
23.50O
C60.00O

1,

.

I

t
J

b5,00O
c60,000
clO.OOO

1,
1,
1,
1,
1.

t

t>107,000

and $15,000 in '09.)
Aug.15,'01-12 )
a25,00a
$2,000 yearly (
al5,700
Feb. 1902-'09

$12,000 in

F Az A
* *

20,000

1,

M&N

L879.C*

5

J&D
J&D
J&D
M&N
M&N
M&N
M&N
M&N
F&A
F&A

June 1, 1903
b5,000
1884.r 4
June 1. 1904
b5,000
r 4
1905-'09
June 1,
c 40,000
r 4
Maturing $10,000 yearly, omitting 1907.
1911
Nov. 1,
a$5,000
r 34
of Novem. 2, 1885
a5,00O
Nov. 1, 1912
r 34
do
a7,50O
Nov. 1, 1914
r 3 si
do
a7,500
Nov. 1, 1915
do
r 34
al.OOO
Nov. 1, 1917
do
r 34
a5,00O
Feb. 1, 1903
of Feb., 1896
34
a5,000
Feb. 1, 1907
do
34
June

2,

do
do

Lansingburg Bonds- Armexed Jan. 1. 1901.
Water Bonds— (Con.)—
When Due.
loans—
...Nov.

Water Bonds—

4s.

M&8, ad$20,000
4s,M&8,
a30,000
a40,000
4s, M&4,
a60,000.. March
4p, M&S,
4s,

4s,
4s,
4s,
4s,
4s,
4s,

.

alO.OOO
May 1, 1902
5
al5.000
44 F&A Aug. 1, '01-1904
Maturing $7,500 every third year from 1901 to 1904.
0* 44 F&A Aug.l,1907-'19
a40,0O0
do
Maturing $8,000 every third year from 1907 to 1919.
tic a.
N * May 11910 to '19)\ b50,00O
May, 1883.0.* 3^ M * -W
$5,000 yearly.

Aug.

do

Issue

Principal.
Oue. OtstancCg.

I

3

Water Works Bonds:—
0*
Issue of May 1, 1879

do
do
do
do

When

M&N,

a25,000....Nov.
alO.OOO ...July,
al5,000 ...May,

J&J,

M& «,

A&O.
F&A,
F&A,

dl5,00(>

a60,000
Aug.
a25,000....Aug.

1904
1914
1924
1934
1938
1939
1941
1935
1949
1920

M&>J,

a$20.000

1950

Sewer Bonds—
44s, A&O, $13,333. .$2,000yearly
4s,

45,000

1904-1912

school Bonds—
4s,

$24,000

Pavtng Bonds—
3k», J&D, $63, "00 ..June 1, 1904
Out t'g bonds, v'ar.l900.$»41,333
Population in 1900 was ...12,595

for $1,000 each, b Bonds for $5,000 each, c Bonds for
d Bonds for $500, etc. y Bonds for $1,000 and $10,000
INTEREST is paid at office of City Chamberlain.
DEBT, SINKING FUND, ETC.-The city of Lansingburg
with a debt of $441,333, was annexed Jan. 1, 1901, and the indebted
ness assumed by the city of Troy; this debt is not Included In the figures

a Bonds

$10,000 each,

TOTAL

below.

3.

DANIEL
CONWAY,
TD nv — JleROY RICKERSON. Mayor.
r\KJ X
1

do
do
do
do
do
do
do
do
do
do
do
do

.

Deo. 81,1900. Dec.31,'99. Mch. 1,'99. Mch. 1, '98.
Total municipal debt. $1,295,055 $1,340,605 Uj>l,393.6u6 $1,172,265
*66,489
*47,981
*23,259
Sink, funds
3,576

City

District No.

1889r 3
1891. 3
1891
3
1898. 34
1899
S4

do
do
do

do
do

village is in Essex County.

1,1900.. $70,000
8inkingfund
....
3,500
Assessed valuation, real.. 745,255
Assessed valuation, pers'l 70,750
Total valuation 1900
816,005

34
34

Market site bonds.. .1899. 34
MarketJHousebonds.1900 34
High school site b'ds. 1898. 34
f ublio Improvem'nt ,1893. 4
1893. 4
do
do
1893 4
do
do
1891. 34
do
do
1891. 34
do
do
1891. 34
do
do
1892. 34
do
do
1892. 34
do
do
1894. 34
do
do
do
do
1895. 34
1895. 34
do
do
do
1895. 34
do
1890. 3
do
do

When Due Bonded debt Aug

Water Bonds—

4s,F &

..1895

($1(',000 in *05, '06, •08, '10 to '14;

in Sullivan County.

is

pers'l.$336,618
Total valuation 1899.... 6,244,81
Total tax (per$l,000) 1900 f 30-00

1,
1,

.

do
do
do
do
do
do

do
This town

When Due. Assessed valuat'n,

5s,
4*28,

do
do
do
do
do
do

—

Rate. Payable.

Public build' g (Con. .1895

9

55
Interest.

.

NAME AND PURPOSE

\

J

)

-

/WV> TOWNS,

.

Outstand'g

& D | ^oboyearly? $30,000
& ji^oooVeaHyi 100 000

J

4
4

This village

—

6

bl5,000

adll,500
8,000
40,000

Net municipal debt.... $1,291,479 $1,317,346 $1,345,625 $1,105,776
273,500
Water debt additional 211,000
246,000
236,000
*51,268
*42,962
Sinking funds
*54,112
21,510
$222,232
Net water debt
$189,490
$203,038
$181,888
* Includes cash on hand in addition to sinking fund.
WATER BONDS.—The interest and principal of the water works
bonds are provided for by the Water Commissioners from water rents.
ASSESSED VALUATION—The city's assessed valuation and tax
rate have been as follows, property being assessed at about full value.
Total Tax
-Assessed Valuation.
per $1,000.
Total.
Personal.
$19-71
$49,147,549
$5,341,258
47,626,798
5,004,673
1809
47,777,058
5,282,425
17-26
47.779.588
5,368,077
1948
47,668,710
5.133,025
19'86
47,958,787
5,392,051
18-45
47,049.979
5,198,587
1720
48,052,872
5,598,427
The city tax rate in 1899 was $11-30 and In 1900 $13-70.
POPU LATION.— In 1900 (Cen->us)was 60,651, exoludingthe sections
annexed in l»ol, whioh brings the aggregate up to 75,000; in 1890
population was 60,956; in 1880 It was 56,747.
Tears.

Real.

19U0
1*99
1898
1897
1896
1895
1890
1888

$43,806,291
42,622,125
42,494,634
42,411.51'
42.535,685
42,566,736
41,851,392
42,454,445

TRUXTON.-JohnA town

O'Donxell, Supervisor

In Cortland County.

LOANS—

4s.

&

When Due. Tax

valuation, pers'l

$20,700

420,365
Total valuation 1900
rr. Bonds—
J&J, $112,200. ...July 15, 1912 Assessment about % actual value.

N. Y.

Os. Mid.

Subject to call after July 15, 1!K>'J
Bonded debt Jan. 1, 1901. $112,400
Tax valuation, real
399.665

Total tax (per $1,000) 190O.$20-72
1,217
Population in 1900 was
1.328
Population in 1890 was

Y

56

$W*£ /WB

CITY 8U?flEM£flT.

INTEREST on

Bank

the railroad bonds is payable at the First National
of Cortland ; on other bonds at the Cortland Savings Bank.

TAX FREE.— Bonds are tax exempt.

ULSTER CO
County
seat

is

LOANS—

Treas.

Turnpike Bonds—
M&S, $10,000.. Mar.

When Due.

Court House Bonds, 1895, (ref.)
4s, M&S, $60,000.
1902-1921

4s,

Jail

1902-06

1,

4s,

Sb, Mar.,
4s, Mar.,
4s, M&S,

Bonded debt Nov.l,1900.$757,22(>

Mar.
Mar.

$10,000
140,0<0
50,000
4s,M&S, 60,000

,

4s.

($3,000 yearlv)
1, 1902
1, 19i>4

Assessed valuat'u.real 26,402,688
Assessed val'n, pers'l. 2,469,255
Total valuation 1900.. 28,871,943
Population in 1900 was
88,422
Population in 1890 was
87,062

1905
Mar. 1. 1920
48. M&S,
90,000. .Mar. 1, 1902 to
($5,000 due yearly) Mar. 1, 1919
TAX FREE —The court house bonds are exempt from taxation.

ttt'ip a
U lOA.
1
This city

is

.Mar.

1,

R.
*»•

"• stiiiKiMAJN,
A.

4s
.

4s

.

.

,

18,000.. .Jan., 1902-'19
28,500.. Jan.. 1902-'20

4s, ann.,

$200,000... July

Total debt Oct.
Town Deb'

1901

1,

1901-06

$50,658-40

$143,602 98.. part yearly
2, 1900... $406,502

4s,

Voting Machine Bonds—

—

Jan. 1,1902

7s,

Public Improvement—

Town

debt Oct.

.

.

ASSESSED VALUATION.—Assessment about full value Bince 1897;

Tears.

Personal
Properly
$8,926,521
9,219,307
9,222,004
8,642,398
2,613,826
2,630,263
2,330,606
2,476,800

Estate.

1900
1899
1898
1897
1896
1895
1890
1880

$32,182,139
-28,576,331

28,472,140
32,014,624
16,437,262
16,548,046
16,461,052
16,998,760
POPULATION—In 1900 (Census)
44,007; in 1880 it was 33,914; in 1870

WALTON.-H.
This town

S.

Total Assessed Rate of Tax

it

per $1,000.

Valuation,

$41,108,660
37,795,638
37,694,144
40,657,022
19,051,088
19,178,309
18,791,658
19,475,560
56,383;

a

of Ulster

in

which the village of

situated.
I

Town

debt Nov. 21, 1900.$120,000 Population 1900
7,225
Assessed val'tion, real... 1,131, 375 Population 1890
7,758
Assessed val'tion, pers'l..
99,985
INTER EST on town bonds is payable at the Home Bank of Ellenville.

New York

See

City.

ter, Treasurer.— County seat is White Plains.
When Due.
General Purposes— (Con.)
LOANS—
Warburton Ave. Bonds—
4s,
J&D, $20,000. June 1,1915

J&D, $54,978
June 1, 1901 3-lOs,
13.000
,1914
Refunding Bonds—
1. 1905
Funding Bonds—
3*28,
$17.000. .June, 1901-04
3^8, J&D, $25,000... June 1,1925
($5,000 due yearly to 1903).
3»*8, J&D, 21,742. ..June 1,1926 3 10s, ..... $26,000
1901-14
County Jail Bonds 3M>8
22,000
190111
4s, J&J, $51,000
1906-1911
Temporary loan Bonds—
4s,

'

.

($10,000 yearly on July

.

$22-72
19 62
16*17
22-02
20-81
27-23

1890

in

3M.

1.)

,$21,500

General Purposes—
Bond, debt Aug.l, 1900
J&D, $25,000.. June 1,1901 Floating debt

2,

4s,

previously about 70 per cent.
Real

is

When Due. Total valuation 1900. .$1,231,360
LOANS—
Railroad Aid Loan—
Assessment about % actual value.
312s, F&A, $120,000.... 1901 to '10 Total tax (per $1,000) 1900.$29-54

J&J, $200,000

.July 1, 1901
1900.. $240,000
$262,900... pat yearlv Assets, railroad stock . 200,000
Utica holds against its railroad bonds au equal amount of railroad
Stock, which returns dividends of 5 per cent.
INTEREST is payable in Utica at the City Treasurer's office.
DEBT LIMITATION.—The city is restricted by law to the Issuance
of temporary loan bonds in anticipation of city tax.

$5,250

is

Ellenville

($10,000 due y'rly) to June

Local assessments—

Railroad-Aid Bonds—
7s,

4s,

1901-1902
1901-1907
Nov., 1901'02

$2,000
7,000
2,000

,$122.400....1901tol916 4s,
36,000 Jan., 1902-*19 4s
18,000. .Jan., 1902'19
Paving Bonds —

4s,
,
4s,
.,
4s, ann.,
4s, aim.,

WAWARSING.-W. Kelley Shook, Superv'r.
Wawarsing
township
County

Bridge Bonds—

When'Due.

Academvand School Bonds—

NTEREST is payable at City Chamberlain's office.

WESTCHESTER CO.—Francis M. Carpen-

City Clerk

in

LOANS—

I

WEST CHESTER.—

—OneidaW. SHERMAN, Mayor.
*JOHN
CANTWELL,
Countv.
s
<

Juup, 1901 Total valuation 1900... 4,628,036
due y'ly) to June, 1908.
Assessment about actual value.
Electric Light Bonds—
Total tax (per $1,000) '00.. $26-00
4s,
,$4.000
July 1,1901 Population in 1890 was
12,967
Bonded debt 8ept.5, '00 $358,000 Population in 1900 was
14,321
City has no floating debt.

Bonds—

Mar. 1 1925
M&S, $50,000
Mar, 1,1926
M&S, 30,000
Refunding Bonds—
4s, M&S, $32,000
Mar., 1924
Mar. 1, 1923 4s, M&8, $14,000.
County Bonds—
4s, M&8, 48,000.Mar.,1902to'25
4s, M&S, $66,00l>...Mar.. 1902'23 4s, M&S, 50,000 Mar. 1, 1902-26
($3,000 clue yearlv on Mar. 1.)
M&S, $63,000.... Mar. 1, 1902
($3,000 due yearlv) to Mar. 1, 1922

4s,

When Due. Tax valuation, real
$4,499,036
Tax valuation, personal 129,000

School Bonds—
4s, J&D, $43,000
(•65,000

Archie McLaughlin.

Kingston.

LOANS—

LXXII

Vol.

....1915 17

$355,478
58,000

312s,
3i«s,

J&D, 10,000. .June 1,1902 Total debt Ang. 1, 1900 413,478
3%s, J&D, 15,000. .June 1,1903 Tax valuation, real
168.536,470
3148
10,000. .June 1,1902 Tax valuation, pers. .. 17,933,719
3^8, J&D, 25,000. .June 1,1904 Total valuation 1899.-186,470,189
3i28, J&D, 20,000. .June 1,1905 Assessment at about actual value.
4s,
J&D, 25,000 June 1,1911 Population in 1900 was... 183,375
($10,000 due yearly) to June 1,'13 Population in 1890 was.. .146,772
INTEREST is payable by County Treasurer at Whit Plains.
,

WHITEHALL.town
This village

is

of Whitehall

in the

LOANS—

and in Washington County.

When Due. Tax valuation, real
$754,956
Refunding Water Bonds—
Tax valuation, personal.... 161, 355
,$22,000. May 1,1901-22
($1,000 due yearly on May 1.)

916.H11
Assessment about 3 B actual value.
Water Bonds—
Total tax (per $1,000) '00... $44-70
4s, A&O, $25,000.
.Apr. 15, 1904 Population in 1890 was
4,434
4s. A&O, 25,000.... Apr. 1,1914 Population in 1900 was
4,377
Bonded debt Sep. 12, 1900. $93,000
INTEREST is payable at the Fourth National Bank, New York.
Total valuation 1899

3^8,

. .

it

was

was 28,804

Sewell, Supervisor

WHITE PLAINS.—

Howard E. Foster, Treas.
This village is in Westchester County.
When Due. Tax valuat'n, real
$1,523,326
RR. Aid Bonds (reg.)—
When Due.
Water Bonds— (Con.)
LOANS—
Tax valuat'n.per'l
213,900
4s, F&A, $42,000.... Feb., 1902-08 Total valuation 1899... 1,737,226
Paving f-ONDs—
3>2S, A&O, $60,000 ...Oct, 1, 1929
4s, F&A. 30,000. ...Feb., 1914-18 Total tax (per M.) 1900..
,$15,000... June, 1926-'28 Bonded debt June 25, '00.. 616,000
$27-16 4s,
Refunding Bonds—
3*2S, F&A, 30,000
Certs, of indebtedness ...
71,000
Feb. 1, 1909 Population in 1890 was
4,543
$14,000.Nov. 1, 1900'13 Total debt June 25, '00... 687,000
($6,000 due yearly) to Keb. 1, 1913 Population in 1900 was
4,869 4s
Total debt Sept. 1, 1900.. $108,000
Water Bonds—
Sinking fund
26,107
The four per cents are payable to the Union Dime Savings Bank, N.
4s, F&A, $130,000, Aug. 1, 1914-28 Tax valuation 1899
8,346.990
is

LOANS—

Delaware County

in

Walton School

District

dent Board of Education
When Due.
LOANS—

Building Bonds—
4s, J&J, $10,000.. July

Refunding Bonds—

1,

-ALBERT

D.

PEAKE,

Presi-

Total debt Mar. 1, 1901.. $32,000
Ass'd valuation, real
1,000,000
Assessed val'n, personal. 150,000
Total valuation 1900 ...1,150,000
Assessment abt. 40% actual value.
School tax (per $1,000) 1900 .750

1901-'02

J&J, $16,000
July 1,1911
$2,000 due yearly) toJulv 1,1918.
4b. J&J. $6,000
July, 1905-07
INTEREST is payable at the Chase National Bank,

4b,

J±£\Z*1\. \A7

The town

.

$
J

New York City.

-

of

J&J, $84,000

(Subject to

July

1,

1902

Total valuation 1899
1,947,777
Assessment about 4- 5 actual value.
Total tax (per $1,000) 1899. .$9-49
Population in 1890 was
4,468
Population in 1900 was
4,341

call.)

Village Water Bonds—

J&J, $75,000
1910 to 1925
$15,000 in 1910, 1915 and 1925,
$30,000 in 1920.
TAX FREE— Railroad bonds exempt by statute from any taxation
INTEREST on the railroad bonds is payable at the Union Trust Co
New \ork, and on the water bonds at Dime Havings Bank, New York.
4b,

WATERTOWN.-Fiuxk Walts,
This city

is in

Treasurer.

Jefferson County.

LOANS-

5s,

Water Bonds—

M&S, $29,000. 1901 to 1906
City Bonds—
M&H, 7«',000. 1900 to 1906
338B, $40,000
1905 1914
M&S, 91,000. 1906 to 1920
48,
73.000
1901-1925
M&8. 45,000. 1902 to 1910
City Hall, 1896—
Total debt Mar. 1, 1 9"1 .$600,342
$40,000.... 1926 to 1930 Water debt (included).
4^8,
235,000
($8,000 due yearly.)
Tax valuation, real
8,665,331
Fundino Bonds—
Tax valuation, pers'l...
927,107
3*28 .... $115,000. Feb. 1, 1902-'24 Total valuation 1900...
9, 592.48S
(fo.OOO due yearly.)
Tax rate (per M) 1900.
$21-224
Bonds—
Bbwbb
Assessment about % actual value
3i«s, M&N.$6 000
May, 1910 Population in 1!)"0 was
21,696
34b, M&.V, 8 5.000 May. 1911-27 Population in 1890 was
14,725
INTEREST on water bonds is payable at Vow York- on all others
at watertown.
1901-1904

5b,
4S,
3«28,
3b,

WATER VLIET.—Jas.
This city
,

48,

is in

II.

Boyland, Chamb'n.

Albany County.

LOANS—
When Due.
^':M E B( n D8—
a
A&O, * vJ"£
$252,000... 1900 to 1914
>

(Part due yearly on Oct.

1.)

Youkers

is

in

LOANS—

5

Jr.,

County.
When Due.

LOANS—

Redemption Bonds—

Clerk.

When Due

1902 4s, F&A, $125,000... Feb. 1, 1902
1902 3i<38, F&A,
80,000.. .Feb. 1, 1903
3^s,
50,000... Feb. 1.1904
1, 1903
Public Building and Dock—
Consolidation Bonds—
7s. A&O, $35,000... Apr. 1, 1902 4a, A&O. *27,200..Apr. 1, 1901-12
4s, F&A, 120,000. Apr., 1902 to '13
Crematory Bonds—
1902-1905
($10,000 due yearly.)
4s, A&O, $3,500
3*28,
$30,000.. Apr., 1906-'08
($1,000 due yearly on Apr. 1.)
1.000.. .Apr. 1, 1909
Apr. 1906'09 3"«p,
4s,
$3,600
3i«8,
School Building
April, 1910
1,000
3^8, A&O, $339,800. Apr., 1901-81
Fire Department—
210.500 A pr. I .' 1 3-55
*17,000. Apr. 1 1902-95 4s
4s,
Street Improvement—
t$5,000 due yearly).
$10,000
1901
3*28,
$30,000 Apr., 1906-11 4s
Tax Relief—
Pavilion Binds—
3i«s, A&O, $2,500. ...Apr. 1, 1905 4s,
May 1, 1901
$200,000
3»«8.
May 1, 1902
150,000
... 19,500.. Apr. ,la05-09
3»A8,
Water Works— Pay'e Dy Wat. Bd.
Chanfrau Place Bonds—
4b, M&N. $5,000.... May, 1902-*06 7s, ., $625,000. Apr. 1, 1903 to '14
5s,..,
30,000. Apr. 1,1909 to *12
Park Bonds—
3128, ..... $150,000.May, '10 to '24 4s,.., 775,000. Apr. 1,1912 to '22
3i28, ...20,000
Apr. 1,1917
Paving Bonds—
..Apr. 1, 1920
4s
$27,764... Mar. 1, 1901-05 3Vjs, ... 25,000
,

4s,
3128,

,

,

62,000. .. Feb.
45,000... Feb.
46,000. .Feb.

1,
1,

:

,

—

,

,

,

,

. .

,

.

,

,

.

When Due.

$6,342-64

—

City.

Mayor.
LESLIE
— $JOHN H.SUTHERLAND, Deputy
KEELER,
Westchester

V/^» TVT LT TTTZ> C
I LJlNlVrL,rtO.

3^8,

Warsaw, containing the village of the same name, is
situated in the county of Wyoming,
When Due. Town debt Feb. 15, 1901. $84,000
LOANSRailroad Aid Loan—
Village debt Feb.15, 1901
75,000
3ia8,

.

WILLI AMSBRIDGE.— See New York
Assessment Bonds—

c G°UINLOCK, President.
FRED. LESTER, Treasurer.
-

Population in 1900 was...
7,899
Town of While Plains Bonds
3"as, semi-an., $78,000
1929

.

|

W AR9A W — w
W

($4,000 in 1914 & $9,000 yearly
to Aug. I, 1928.)
4s, J&D, $25,000... June, 1926-'29
($4,000 in 1926; $7,000 to 1929.)

I

I

I

|

Sewer Bonds—
4s,

M&S. $59,000

1901 to 1909

(Part due yearly on Sept.
„ $l>00 each.

1.)

North Broadway Bonds—
A&O. $10,000. Apr. 1, 1902'03

4s, ..... 60,000. ..Mar, 1, 1901-06
4s, ..... 267,458. ..Apr. 1. 1900-25
.Apr. 1, 1927
10.000
48,
April 1, 19^8
3>28, .....10,000
April 1, 1929
3>«8, .... 5,000

4s,

(*r>,000 eaoli year.)
Sch'iol District Bonds—

312s,
3>*s,

Public Bath Bonds—

4s,

10,000. 1910 & 1914
30,000.... 1911 1913
BONDS.—The consolidation aud water bonds

$1!>,000....1905, '10, '15
($5,000 each payment.)

PAR VALUE OF

A&O, $25,000. .Apr., 1908 10
A&O, 56.000.... 1914-1920

3«as,A&0,

I

3»«8,

A&O,

are for $1,000 each.
INTEREST is paid at City Treasury.
BONDED DEBT, Etc.—The bonded debt of the city on Feb. 16, 1901,
was $3,6 79,822 75, sinking fund assets, $671,83130; net dent, $3,007,991 45. Tax relief bonds raised by taxation (Included above),
$350,000. The school district bonds are not a part of the debt of city.
The ninklng fund consists entirely of the city's own bonds.
CITY PROPERTY.—The city owns its water works, which prior to
December 1, 1893, had cost it $1,154,417 48.
ASSESSED VALUATION.— The oity's assessed valuation has been:

6
1

.

Total InterAssessed PopulaDebt, est. Maturity. Valuation. tionvn

Average
Total Assessed Rate of Tax

Personal

Valuation,
$38,211,23<>

Property.
Real Estate.
..$35,124,400 $3,086,830
3,125,210
33,478,245

Tears—
1900
1899
1898
1897
1896
1890
1880

it

was

$2329
2329

21*82
22-2998
3,155,974
25-3486
334,235
17"3902
398,240
430.295
1900 (Census) was 47,931; in 1890 it was

30,711,880
29,545,945
22,574,226
10.024,677

POPULATION —In

per $1,000

36,603,455
35,489,320
33,867,854
29,880,180
22,972,466
10.454,972

3,20\8K0

32, 283.460

32,033; in 1880

18,892.

redemption bonds were issued

EXPLANATORY OF BONDS.—The

for purchase of lands bid in by the city at sales of property for nonpayment of taxes and assessments, and the bonds are to be paid out of
money received for redemption of lands so purchased.

ADDITIONAL STATEMENTS.
we give statistics regarding civil divisions in the
State of New York which have an indebtedness or over $10,000, and
which are not represented among the foregoing detailed reports. We
add the population from the U. 8. Census of 1900.
Assessed PopulaTotal InterVebt.
est.
Maturity. Vol' at ion. lion.
<£

q;

32,000
30,000

3i4

7

828,789

AndesfT.). Delaware Co ...109.000
Andover(V.) Allegany Co... 18,800
Angelica (T.), Allegany Co.. 38,000
30,000
Angelica (V), Allegany Co

3*3

1901-'26

636,0">6

4

1901-'25

3%

1927

241,916
628.216
225,006

Antwerp

3*2

'07-'21

Jefferson Co.. 15,000
Arcadia
Wayne Co. ..114,400
Attica (Town), Wyoming Co. 23,000
(T.),
(T.),

BallstonSpa (V.),Sar'ga Co.104,500
Ballston Spa School District 45,000

7

1900

3** 1902-09
to 5 »01-*28

3H

4

lv^OO

811000 1.292

1905 '27
1900

Adams (V.) Jefferson Co ...
Ancram (T.) Columbia Co...

1,493,130
3,057.953
1,561,874
1,640,603

500,000

7

1,238
1,927

954
1,639

978
3,008
7,046
2,677
3,923
3,923
1,677

1900-*15
388,169
17.000 5
771
14,000 7
1902
310,020
1915 3,825,905 6,151
Canandaigua(V.),OntarioCo.l30,000 4
486.851 1,310
Caneadea. Alleghany io.... 12,000 4»a&5
Canton (V.) St Lawrence Co. 75,800 3 * 1909 '19 1,198,775 2.757
1901-'04 25,248,062 65,643
40,000 4
Cattaraugus Co
Cattaraugus (Village), Cat1900-14
28,000 4
1,382
taraugus Co
'22-*26
1,311
Champlain (V.), Clinton Co.. 20,000 4**
1925
800,000 l,40o
Charlotte V.), Monroe Co.. 56,000 4^
Chautauqua (Town), Chau'99*02 2,021,020 3.590
20.000 ..
tauqua Co
Cherrv Creek (Town), Chau'09'27
19,000 4
472,596 1,745
tauqua Co
CherryValey(T.),OtsegoCo. 42.00P 3!4&3-2 '00 '15
780,761 1,802
1902 '16
772
Cherry Val ley (V.), Otsego Co. 21.000 4
53 000 4
1917
485,655 1,250
Chester (V.)*Orange Co
1901-37
912
37,000 4
342,276
CincinnatU8(T.),CortlandCo
4
1916
662,800 1,617
Clifton Spgs ( V.), Ontario Co. 50,000
'01-'02 6,898,818 47,430
10,000 4
Clinton County
997
Columbus (T.).Chenango Co. 16,000 4
522,566
1901 1,402,489 1,897
Covert (Town), Seneca Co... 5i>,000 7
Coxsackie (V.), Greene Co.. 71.O00
1,145,502 2,735
33,000 3^ 1901-09
Cuba (V.) Allegany Co
726,945 1,502
55,000 3*° 1901-36
548,440
991
Cuvler (T.),C. rtlandCo
Dansville(V.)Livingst'nCo. 88,000 3** 4 4 1* ....
1,423.550 3 633
'99-'09 1,931,435
Deer Park Sch. Dist. No. 1.. 22,000 4
83.200 4
1902-21 1,850.850 3,379
Depew (V.) Erie Co.
DeRuvter (T.), Madison Co. 50,000 4
603,055 1,410
Diana (T.), Lewis Co
19,400 4&5
467,519 2,083
Dryden (V.), Tompkins To 25,000 4
699
'01-'25 3,765,810 3,040
Eastchester(T.),Westches.Col50,020 4&5
Eaton (T.), Madison Co .... 80.000 4
1,291,022 2,705
Ellenville (V.), Ulster Co.... 15,000
1907
3%
300,000 2,879
Elmira Betghts (Village).
'98-'13
17,000 4
Chemung Co
1,763
Enfield (T.), Tompkins Co... 25,000 7
1901
610,726 1,214
Erin (T.), Cnemung Co
13,700 7 Feb 1900
328.961
996
Fallsburgh, Sullivan Co
82,200 3»a
483,747 2,974
Fishkill Un. Soh. Dis. No. 8,
* DutchessCo
15,000 3»s
...
*05-*29 1,640,000 3.673
Fishkill Land.(V.),Dutch.Col00.000
314
1
Forestburgb, Sullivan Co... 1H.500 3 *
...
625
84,228
Frankfort(V.),Herkimer('o. 73,000 3^&4i^'99-'28
2,664
(T.)
Rensselaer Co..
Bradford (T.), Steuben Co...

Berlin

1

(

.

.

Franklinville (Village), Cat-

taraugus Co
... 26,000
4
Freeport (V.), Nassau Co.... 55.750 5
Fulton County.
15.332 3'6,,
Gainesville (T.), Wyoming Co. 12,000
4»«
Geneva (City), Ontario Co.. 3O.000 4
Geneva (Town), Ontario Co.. 16,650 7
Geneva Classical School District, Ontario Co
32,500 4&5
German Flatts (Town),
Herkimer Co
32,000 3>*
Oilbertsville(V.), Otsego Co. 14,000
3»a

1910

1,360
820,876 2,612
'02-0314,210,509 42,84 2
1900-02 1,043,048 2,325
'16&'26 5,553,560 10,433
1900*01
920,766 1,091
....

'99-'19

'00-'09
'02 '31
'01-'25

4,817,436

8,663

476
Gouverneur (V.) St. Law61,00">
1910
renceCo
1,681,005 3,689
3>s
1900-16
Gowanda(V),OattarauguBCo 17,000
2,143
Granby (Town) Oswego Co. 39 000 4
1903-'41 1,741,765 5.120
Greenburg (Town), Westchester Co
160,200 4&4ig '01*14 27,542,114 15. 5('4
Groton V.), Tompkins Co... 56,">00 3^,3%,4
1,314
Guilford (T.), Chenango Co. 25,000 4
1,206,*53 2,v08
Hamilton Co
2*.00o
3,716,085 4,947
Hancock (T.), Delaware Co. 51.000 4
1,147,962 5,308
Harrison (T.), Westches. Co. 26 000 4
'01-'15 3,538, 880 2.048
Hastings (T.), Oswego Co... 23,n00 4
803,632 2,303
Hempstead S. D. No. 1
10,000 4
Hempstead 8. D. No. 15
'00-'12 1,300,000
27,000 5&6
Hempstead S. D. No. 20
'00-'27
14,200 5
Hempstead 8. D. No. «1
'97-'20
32,400 4
Hempstead S. D. No. 22
15.000 4*g
'05-'lH
Hempstead S. D. Xn. 2 1
*03-*12
10.000
5
Herkimer(T.), Herkimer Co. 10,141
'99*01 4 448,018 6,748
5
Horkimer Co
144,000
26,591.87151.04
<«

(

..

..

Hoosiok (T.i, Rensselaer Co. 16,000 3»«
'02-'O9
Hoosick Falls iV.) RensselearCo
46,225 3>s&4 1900-11
Horseheads(T.),Ch<mungCo 50,000 4
1911 15
Hounsfield (T.), Jefferson Co. ? 5,000 4
1901-12
Hunter (T.), Greene Co
11,900 4
'0l-'10
Irvington (Village), Westchester Co
101.0003154 1900-28
Isllp 8. D. No. 1. 8uffolk Co 30,000
'04-'29
4
Ithaca 8. D., Tompkins Co.
59,000 4
Jefferson County
13,500 446
190103
Keeseville V.), Clinton Co.. 16,000 5
'99-'14
Klrkland U. F. S. D. No. 4,
OneidaCo
28,000
Lancaster (V). Eiie Co
42,000 3*« 1905-25
Lebanon (T.). Madison Co... 51,700 4
Lestershire (V.) Broome Co. 57,900 ..

$
12,300
32,500
Liberty (V.), Sullivan Co
Lincklaen (T.),Chen*ngo Co. 11,500
iftleF9lls(T.),Herkim'rCo. 15,000
Little Valley (Village), Cat20,000
taraugus Co
20 000
Livingston County
18,000
Lowville (T.), Lewis Co
23,500
Lyons (T.).Wavne Co
LyonsdaleiT.), Lewis Co.... 10,000

Lewis Co
1

Lysander (T.) Onondaga Co.. 24,< 00
20,000
Madison (T.), Madison Co.
.

Mamaroneck

4,383,738

8,631

2,123,004
1,751.979
1,281,730

5,671
4,«44
2,772
2,788

$3,875,000 2,231
2,000,000

'08 &*15

1902-04 26.235,252 37,059
1901-19 2,448,275 3,74*
1900-24 2,907,347 5,824
4
1902'17
4
287,178 1,371
3i2 1902-25 3,843,258 4,"<38
246,035 2,024

419

3h

*99'19

5,061,160

4,722

'99-'13
15,000 3
Herkimer Co
1929 3,478,728 5,374
Manlius (T.), Onondaga Co. .102,900 3hi
1901-'26
597,500 1,092
Mar»thon (V.) Cortland Co. 32,500 4
848,117 1,406
Middlebury(T.),WyomingCo. 1»,000 4i<j
667
1924
Middleville(V.),Herkim'rCo. 20,000 3^
532
1903
14,400 4
Milford (V.), Otsego Co
802
Millerton (V.), Dutchess Co.. 16,000 4
'99-*32
2 028
Mohawk (V.), Herkimer Co.. 64,500 4
26,3'9*3,745 47,488
27,287
Montgomery Co
553
13,000 "i
Morris V.), Otsego Co
1902
697,746 2,370
Naples (Town), Ontario Co.. 50,000 7
1915
336,310 1,048
Naples (V.), Ontario Co .... 24,000 4
632,024 1,296
42,250 3ifl
Nelson (T.). Madison Co
'01-' 15
4
683,333 2,372
N. Albion (T.), Cattaraug.Co 27,000
1,082,765 2,525
New Berlin (T.). Chenango Co. 49.500 4
•0"i-'23 1,446,145 3,248
67,000 5
Newfane (T.), Niagara Co.
'02-'24
748,770 1,902
Newfield (T.), Tompkins Co. 45,000 3hz
4
530,655 1,556
N. Lebanon (T.).Columb. Co. 64 800
"1914
610
Newport (V.), Herkimer Co.. 10,000 4
'14-* 18
P03.342 1,613
Newport (T.), Herkimer Co. 11.500 4
44,319,572 74,961
52,500
Niagara Co
No. Greenbush Sch.Dist.No.
*01-*08
25,000
6, Rensselaer Co
North Olean (Village), Cat'01-'13
1,549
16,000 o
taraugusCo
'06-*21
3««
1,046
Northville (V.), Fnlton Co... 31,000
'99*01 2,81V55 7,004
Norwich (T.), Chenango Co. 30,000 4
1,19>,897 2,397
Nunde (T.), LivingtonCo... 19.000 4<fe4»«
2,786,300 4,275
Nyack (V.), Rockland Co ...3O5,00o ..
Olean (Town), School Dist.
61,000 4-4^ 1901-15
No. 1, Cattaraugus Co
2,031,775 6,364
.171,696 4
Oneida (V,), Madison Co
1901-11 2.997,801
OneontaS.D.No.5,OtsegoCo. 18 750 4
1900-26
929.891 2,550
52,400 4
Ontario (T.), Wavne Co
1 00-01 29,858,228 49,605
10,000 4
Ontario County
1,558,603 2,368
Oswegatchie(T.),St,Law.Co. 34,000 4,5&6
Oswego Falls School Dist.
190 1 -19
825,000
41,750 4
No. i. Oswego Co
1901-30
658
18,000 3>«
Otego, Otsego Co
1902-07 22,197,069 48,939
25,000 3"*
Otsego County
112,(00 3^ 4 1901-30 2,638,357 4,497
Otsego (T.), Otsego Co
381.382 1,234
4
at call
Otselic (T.), Chenango Co... 57,500
1901 1,315,975 3,734
60,000 7
Ovid (Town) Seneca Co.
1900-06 4,991,220 8,378
44,000 4
Owego (Town), Tioga Co
'98-'40
Oyster Bay Sch. Di-t. No. 5.. 36.500 4*5
383,020 1,530
Parish (Town), Oswego Co.. 22,000 3^
1901-12 2,548,628 2,926
Patohogue (V.). Suffolk Co.. 21,0 O 4
781
Pawling (V.), Dutchess Co.. 4 5 000 ..
'01-'16
542,709 1,940
22,452 4&6
Persea (C), Cattarugus Co
Persea School Dist. No. 1,
1904-1
1 6,000
4
Cattaraugus Co
2^,000
Phelps (Town), Ontario Co.. ~%000 4&7 1900-'17 3,054,520 4,788
Philmont (V.), Columbia Co. 53,000 3'65to4 *02-'25 1,050,000 1.964
1901-07
452,017 1,101
4
Pittstteld (T.), Otsego Co.... 13,000
'99-'01 2.054,520 11,612
Plattsburgh (T.), Clinton Co. 15,000 7
'99-'08
do Sch.D No.l. 17,800 4&5
do
350.125 1,026
•Ol-'lO
Plymouth(T.),Chenango Co. 29,000 4
746
'0l-'26
Port Leyden (V.), Lewis Co. 16,000 3H.
748
1900-1
Poitville(V.) Cattaraug.Co. 12,000
4
1900-12 1,719,860 3,843
Potsdam (V.) St.Lawr'c* Co. 59.500 4
(

.

.

.

Randolph (Village), Catta22,000
rausrus Co
Red Hook (V.J.Dutchess Co 30,000
R nssel. 8ch. D. Nos 1 & 2 36,000
Richland (T ), Oswego Co... 50,000
.

Richmondville
harie Co
Rtdgeway Sch.
Suffolk Co

(V.j,

3,750
1,243
3,111

4

1,209

•00- '20

857

4

4k&5
3^

'0d-'i6

3»2

1925

1,738,885

3,535

fc-cho-

28,000

651

Dist. No. 5,

99-'18 1,341,904
31,000
Ridge way and Shelby School
'99'19
District, Orleans Co
18,000 8
Rlverhead SchoolDistNo. 5,
•99 '18 1,341,904
Suffolk County
31,000
Rockville Centre (Village),
Nassau Co
ei^O 34&4 1900 '21 431,570
1901-23
Rossie (T.), St. Lawrence Co. 24.000 4
368,760 1,136
*09-'12
1,675
RousesPt.(V), Clinton Co.
38,000 4
1900-09
Rutland (T.), Jefferson Co
989,080 1,885
14,899 4
1900-'01 12,956,901 12,861
Rye (T.), Westchester Co
28 027 4
800,000 1,873
St. Johnsv ,(V.) Montg'y Co. 66,200 S-^ 1*
Salatuanca (Town), Cattarau1901-08 1,249,810 5,174
gus Co
13,000 5
4.251
Salamanca( V.) .Cattaraug.Co 51.152 4
Saranac Lake, t ranklin Co.. 37,0 >0 5
853,495 2.594
41.3
Saratoga (T.), Saratoga Co
77, .=.00
1,405,745 3,999
Saratoga Springs (Town),
7,202,340 13,534
Saratoga Co
64,000 4&5
Scarsdale (T.), Westches. Co 58.000 3^&5 '02*29 1.652.035
885
1900-08 1,337,245 2,700
Schoharie (T ), 8choharie Co. 3,500
1,3."- 2,898
3,012
Schroeppel (T.). Oswego Co 38,500 5&7
•01'21
844,570 1.558
Sea Cliff V.). Nassau Co... 54,000 5
-.480 2,058
Sharon (T.l, Schoharie Co.
33,000 3**
Sharon Springs (V.), Scho•02-'21
567
harie Co
40,000 3hl
Shawangunk (T.) Ulster Co. 15,468 4&5
548,880 2,406
899
Sherburne (V.), Chenango Co, 35,500 3^44 Part vr'ly. 565,590
Sidney (T.) Delaware Co
26.000 3>s 1901-*10 1,251,739 4,023
1901 1,870,044 5,863
Smithtown (T Suffolk Co.. 50,000 7
600.280 1,290
1906
Smyrna (T.), Chenango Co. 35,900 4
27.
1901-*39
622
Solon iT.), Cortland Co
75,200 4
1,147,736 1,923
Somerset (T.), Niagara Co... 48,500 5
1901-06 1,342,420 1,601
313
So. N.VHik (V.) Rockland Co. 12,000
733,175 1,622
Stockbrldge(T.),Madi8oii Co. 90.000
'05-'28
50 i, 000 1,619
SuflVrn (V.), Rockland Co... 36,000
3^
Suffolk County
48,828,641 77,582
52,000
Trumansburg V.)Tompklns
County
1,225
15,000 4
1,184,573 3,582
Ulster (T.> Ulster Co
28,015 4
1901
7
Ulysses (T.), Tompkins Co
1,469,308 2.776
75,000
1901-*10
Unadilla Soh. D.. Otsego Co. 10.000 6
1900-*24
i',30'6
Valatie (Vr .), Columbia Co... 29,000 5
Van Buren(T.)OnondagaCo. 27,000 313 1901-27 2,568,338 3,297
Venice (T ), Cayuga Co ..
733,250 1,443
55,000 4
.

.

1

(

.

744,570

4

41,000 3 35-4
Chester Co
Sch. Dist. No. 2,

(

37,209,269 76,748
728,639 2,110
1,721,260
665,870

4

(Village), West

>

878,184

4

1900

10,096,590 27,427
353,650 1,760
182,565
646
•01-*15
718
522,505

Manheim

In the table below

(

57

NEW YOpK-CITIES AND TOWNS,

April, 1901.

.

—

:

58

STATE AN& CITY SUpftEMtWT.
Total
Debt.

Assessed PopulaMaturity. Valuation, tionin
1900.
$
455,987 2,218
4
2,938,615 7,674
3V41,224,419 2,725
3ifl 190O-'08
3i4
3,504
9,422,753 20.943

Inlerest.

24,000
Vienna (T.), Oneida Co
Volney (Town), Oswego Co. 195,000
75,000
Wallkill (T.), Orange Co
Wap'gers Falls(V.),Duto'sCo 15,000
12,000
Warren Co
Warrensburg 8ch. D, No. 1,
19,000 5
Warren Co

31,000 3*
Watertown(T.),Jefferson Co 142,000 4
Wayne (Town), 8teuben Co.. 29,000 7
23,000 6
Webb (T.), Herkimer Co
Well8burg(V.), Chemung Co. 10,500 5
Wheatland (T.), Monroe Co.. 41,000 4
White Pl'ns <T.) Wes-teh'rCo 78,000 3ifl
Whitesboro' (V ), Oneida Co 35,000 3ifl
Wilson (Town), Niagara Co. 87,000 5
Wintield School District No.
12,500 4
4, Herkimer Co
75.000 5
Wolcott (T.), Wayne Co
64,000 5
Yates (T.) Orleans Co

Waterloo Sen. D., No. 1

C stands

for city: T,

1900-*18
1901-*31
1901-'ll

377,000
1,984,201

789,900
357,270

1,159

1,452,824
9,180,153

2.071
7,869
1,958
2,881

'99*'2i

'99*20
•99*14

1929
1921-*31

738,239
1.288,031

838
920
536

*99-*23

1900*10
1901-14

1,160,626 3,207
1,069,065 1,884

town; V. Tillage.

New

State of

Jersey.

US

DEBT, RESOURCES,
Admitted as a State

-

-

Total area of State (square miles)

of Original Thirteen

7,815

Trenton
State Capital
Governor(term exp. Mon. bef. 2d Tues. Jan.'02) F. M. Voorhees
Geo. Wurts
Secretary of State (term expires Apr. 1, 1902) Treasurer (term expires April 2, 1903) - - George B, Swain
Wm. S. Hancock
Comptroller (term expires April 2, 1903)
Legislature meets annually the second Tuesday of January,

and there

is

no

limit to the length of the session.

HISTORY OF DEBT.—New Jersey has always been a conservative
State there are consequently no facts out of which to construct a history of debt issues. In a report made in 1838 the financial officer of
the State affirmed that New Jersey had put out no obligations of any
kind or loaned its credit to any company. The Constitution of 1844
forbade the creating of a State debt exceeding one hundred thousand dollars except for purposes of war, &c, as will more fully appear in the
item below with respect to "debt limitation." This exception, under
which it was allowable to exceed the hundred-thousand-dollar limit
became operative on the occasion of the breaking out of our Civil War.
Quite a debt was created at that period; the small amount the State
now owes is the remnant of those war issues. The details are as follows.
Principal.
Interest.
LOANS—
When Due. Outstand'g.
Rate. Payable.
NAME AND PURPOSE.
71.000
6
J & J Jan. 1. 1902
War loan
INTEREST is payable in Jersey City and Trenton.
The total bonded debtof the State on April 1, 1901,
was $71,000, not including $48,000 certificates 'ssued to the Commissioners of tbe Agricultural College under Act approved June 13, 1 895.
At previous dates it was :
Nov 1, 1900..
$593,400
$71,000 Nov. 1, 1896
;

—

1

,

TOTAL DEBT—

Nov. 1, 1899
71,000
Nov. 1,1898
194,000
Nov. 1. 1897
394,000
On Nov. 1, 1900, the cash balanoe

Nov. 1, 1895
660,400
Nov. 1, 1894
735,400
Nov. 1, 1880
1,996,300
on hand was $2,005,222 16.
ASSESSED VALUATION.—The assessed valuation, etc., has been
1900
$774,398,332 1882. .$534,917,876
$891,237,286 1894
1899
864,516,527 1892
742,759,082 1880.... 518,617,518
1898
844,354,193 1890
649,979,700 1878.... 531,851,849
1897
812,609,090 1888
603,676,953 1876.... 596,833,707
1896...
573,256,303 1874.... 619,057,903
794,428,048 1886
1895
554,828,114
786,998,070 1884
In addition to the above the valuation of railroad and canal property
in 1899 was $222,216,534 and in 1900 $223,384,249.
DEBT LIMITATIONS.— The provisions of law limiting and regulating the debt-making power in New Jersey will be better understood
and the information will be made more serviceable to the investor if
arranged in accordance with the civil divisions to which the provisions
. .

.

apply.
(1) THE STATE is restricted as to its debt-making power by the
8tate Constitution. In Article IV, Section VI, paragraphs 3 and 4. the
whole subject is disposed of. The third paragraph forbids a loan of the
State's credit, and the fourth paragraph forbids the creation of debt.
These provisions are as follows.
3. The credit of the State shall not be directly or indirectly loaned in

any

case.

in any manner create any debt or debts,
the State, which shall singly or in the aggregate
with any previous debts or liabilities at any time exceed one hundred
thousand dollars, except for purposes of war, or to repel invasion, or to
suppress insurrection, unless the same shall be authorized by a law for
4.

The Legislature shall not

liability or liabilities of

some

single object of work, to be distinctly specified therein ; which
shall provide the ways and means, exclusive of loans, to pay the
Interest of such debt or liability as it falls due, and also to pay and
discharge the principal of such debt or liability within thirty -five years
from the time of the contracting theredt; and shall bo ir re peal able until
such debt or liability and the interest thereon are fully'pakl aa:d discharged and no such law shall take effect until it shall, at a general
election, have been submitted to the people, and have received the
sanction of a majority of all the votes cast for and against it at such
election : and all money to be raised by the authority of such law shall
be applied only to the specific object stated therein, and to the payment
of the debt thereby created. This section shall not be construed to refer to any money that has been, or may be, deposited with this State by
the Government of the United States.
According to the foregoing (4th paragraph), the power of the State for
making debt is limited to $100,000, except (1) for purposes of war etc,
and (2) when the authorization is for some single object of work specified therein, etc In the latter case the mode of procedure is, as will
be seen, given in the same paragraph of the Constitution.
(2) CITIES, OO UNTIES, TOWNS, Etc., are also restricted in the
making of oertain kinds of debt by Article I, paragraphs 19 and 20, of
the Constitution.
give the paragraph in full.
19. No county, city, borough, town, township or village shall
hereafter give any money or property, or loan its money or credit,
to or in aid of any individual, association or corporation, or become
security for or be directly or indirectly the owner of any stock or
bonds of any association or corporation.

law

;

We

No donation

of land or appropriation of

money

LXXII
made

shall be

by the State or any municipal corporation to or for the use of
any society, association or corporation whatever.
It will be noted that the above prohibition relates to the giving of
money, property or credit of cities, &c, to individuals, associations, or
corporations, &c, and that the prohibition is absolute, forbidding the
doing of such acts in any form, shape or manner. There is one other
restriction of the State Constitution, and that is found in Article IV.
Section VII., paragraph 11, which forbids the Legislature passing any
gpectailaws " regulating the internal affairs of towns and coxinties"',
in this and in all other cases in which according to the judgment of
the Legislature general laws are feasible, the Constitution states that
general laws must be provided.
In compliance with this last provision the Legislature has passed
many general laws covering bonded indebtedness of cities, towns, etc
They are so numerous they cannot be cited here. We would refer the
reader to the Revised Statutes of New Jersey published in 1896 under
the heading "Municipal Bonds" pages 693 to 716 both inclusive; and
also to the same heading ("Municipal Bonds") pages 2220, etc.
TAX EXEMPTION—The State of New Jersey passed in 1893
a general statute which exempts from taxation the bonds, securities and other evidences of indebtedness of municipal corporations
the provision covers not only the bonds, etc., to be hereafter
issued, but those as well that have been heretofore issued. It is a
sweeping statute, and one which is of decided interest to the holders of
the municipal securities of the State. The full text of it may be found
in the State and City Supplement for October, 1898, page 58.
POPULATION OF STATE.— Population has been as follows.
373,306
1900
906.096 11840
1,893^69 1870
672,035 11830
320,823
1890
1,444,933 1860
489,555|1820
277,426
1880
1,131,116 1850
;

SAVINGS BANKS' INVESTMENTS-POWERS AND RESTRICTIONS.—The last general savings bank law of New Jersey was

Etc.

....

One

20.

Vol.

passed in 1876. Since then the legislative tendency in the matter of
investments has been in the direction of allowing the management of
these institutions a wider choice and a larger discretion. In 1878 the.
limits of the 1876 law were broadened in several particulars by a newact of two sections, the first taking the place of section 26 of the act of
1876. In 1886 still another law was passed in place of the first section
of the law of 1878. Again in 1889 an act was passed extending ma.
terially the provisions of section two of the law of 1878, which covered the same subject matter contained in section 29 of the original law
of 1876, and thereby section 26 of the law of 1876 was superseded by
the law of 1886, and section 29 was superseded by the law of 1889. In>
1901 Section two was further amended in the way specified below. la
1896 a supplement approved March 30, 1896 (Chapter 139, laws of
1896) to the law of 1876, making school district bonds an authorized
investment, went into effect. In 1897 an act was passed (approved
April 9) authorizing investments in bonds issued by commissioner*
appointed by the Supreme Court of the State. In 1899 a further
supplement extending the permissible line of municipal investments
so as to include the bonds of townships and boroughs was approved
March 24. An attempt to add such securities to the list was made in
1898, but the measure then failed to receive the approval of the Gov-

The 1899 law is as follows
Section 1. It shall be lawful for any savings bank in this State to>
invest its funds in the bonds of any city, county, town or township of
this State issued pursuant to the authority of any law of this State, or
in the bonds of any borough or village or school district of this Stat©
issued pursuant to the authority of any law of this State; provided,
such borough, village or school district shall not, within the ten
years next preceding, have defaulted in the payment of any part of
either principal or interest of any legal debt or obligation thereof; and
provided further, that the total indebtedness of any such borough or
village does not exceed ten per centum of its assessed valuation, and
such school district bonds are by aw charged upon all the property of
the inhabitants of such district, or in any interest-bearing obligation,
(other than obligations commonly known as improvement certificates)
issued by the city, county, town, township, borough or village in
which suoh bank or institution is situated.
The following is the law of 1897 (approved April 9, 1897):
"8ec. 1. It shall be lawful for any bank, trust company, savingsbani
or savings institution * * * incorporated under the laws of this
State, to invest moneys belonging to or deposited with any suoh companies in any bonds authorized by the laws of this State to b« issued
by any commission appointed by the Supreme Court of this State by
virtue of any law of this State."
We omit the law of 1896 with reference to school district bonds
because its provisions are included in the laws of 1899, quoted above.
Next we give the leading provisions of the general law as to investments.
Section 1. That the first section of the act of which this is a supplement be and the same is hereby amended so as to read as follows
That it shall not be lawful, from and after the passage of this act, for
any savings bank or other savings institution, whether chartered or
incorporated under a general or special act of the legislature of this
State, and any provision contained in the charter, or any supplement
thereto, of such savings bank or savings institution to the contrary, to
invest the moneys deposited with the same in any manner, except as
ernor.

1

:

follows, to wit:
I. In the stocks or bonds or interest-bearing notes or obligations of theUnited States, or those for which the faith of the United States is
distinctly pledged to provide for the payment of the principal and

interest thereof;
II. In the interest-bearing bonds of this State;
III. In the bonds of any State in the Union that has not, within ten
years previous to making such investment by any such bank or institution, defaulted in the payment of any part of either principal or interest
of any debt authorized by any legislature of such State to be oontraoted.
IV. In the stocks or bonds of any city, town, county or village of this
State, issued pursuant to the authority of any law of this State, or of
the cities of New York. Brooklyn and Philadelphia, or in any interestbearing obligations (other than those commonly known as improvement certificates) issued by the city, town or borough in which such
bank or institution shall be situated (See below for provision including
the bonds 0/ certain cities and counties of any State in the U. S).
V. In bonds seoured by mortgages which shall be a first lien on real
estate situate in this State, and worth at least double the amount
loaned thereon, but not to exceed eighty per centum of the whole deposit* shall be so loaned or invested; but incase the loan is on unimproved
or unproductive real estate, the amount loaned thereon shall not be
more than thirty per centum of Its actual value and no investment in
;

;

any bond and mortgage shall be made by any savings bank, except upon
the report of a committee of at least three of the managers, directors
or trustees of any such bank or institution, and a majority of whichcommittee shall certify to the value of the premises mortgaged, or tobe mortgaged, according to their best judgment such report shall befiled and preserved among the records of the institution;
;

VI. In real estate strictly in
visions.

accordance with the following pro-

:

We do not reprint the real estate provisions, as they cover a matter
not germane to our present subject. It is sufficient to say that they are
two in number, marked (a) and (b), and may be summarized as below
(a) authorizes the holding of a plot for erection of a banking building or buildings, portions of which may be rented, but the cost of lot
and buildings must not exceed 50% of the net surplus of the corporation;
(b) all purchases under foreclosure sales upon mortgages owned by
the corporation or sales under judgments or decrees obtained for debts
due, etc.; and all such real estate must be sold within live years unless,
on application to the State Board having supervision of Savings Banks,
time shall be extended.
But the character of permissible investments was further greatly
enlarged by the law of 1886, which is as follows
8ection 1. That it shall be lawful for any savings bank or savings institution, incorporated under any law of this State, to invest moneys
deposited with it in the bonds of any city or county of any State of the
United States of America, which have been or may be issued pursuant
to the authority of any law of any such State; provided, no such city or
county has, within ten years previous to making such investment by
any such savings bank or savings institution of this State, defaulted in
the payment of any part of either principal or interest of any debt
authorized bv law of such State to be contracted; and provided, further, that the" total indebtedness of any such city or county is limited
by law to ten percentum of its assessed valuation.
By another act the banks also have the right to invest in railroad
bonds under certain restrictions. The authorization was given by
Section 2 of an aot approved February 22. 1888. Subsequently (April
27, 1838,) this Section 2 was repealed. On March 27, 1889, however,
It was again re-enacted. The section is as follows
8ection 2. That it shall be lawful for any savings bank in this State
to invest its funds in lirst mortgage bonds of any railroad company
whioh has paid dividends of not less than four per centum per annum
regularly, on their entire capital stock, for a period of not l9ss than
five years next previous to the purchase of such bonds, or in any consolidated mortgage bonds of any such company authorized to be issued
to retire the entire bonded debt of suoh company.
The other law referred to above passed in 1889 amending section 2
of the law of 1878 is as below. It relates to loans on collaterals. As
noted above, a slight but very important alteration in the phraseology
of this section was made by a law approved March 22, 1901, and
which forms chapter 148 of the laws of 1901. The new words introduced are indicated by brackets [ ] below.
Section 2. Hereafter it shall not be lawful for any saving institution in this State to loan the money on deposit with the same, or any
part thereof, upon notes, bills of exchange or drafts, excepting upon
the additional pledge of collateral security or securities, which collateral security or securities shall be of the same nature and character as
those in which the money deposited may be invested, as directed in the
:

:

section of this act, or the capital stocks of national and State banks,
or [the oapital stock or bonds oi] other corporations of this State,
which uave not defaulted in the payment of interest [or] dividends
within two years next preceding the time of such loan, and then only
to the extent of eighty per centum of the market value of such collaterals; provided, that the total amount of such loans shall not exceed
fifteen per centum of the total deposits held by such institution.
In addition to the foregoing (according to section 27 of the general
law of 1876) the managers can keep on hand or on deposit in any bank
In the State, or in any trust or safe deposit company in New Jersey,
New York or Pennsylvania, an available fund of not exceeding ten per
cent of the whole amount of deposits with such corporation, or loan
the same on pledge of the securities named in the first section cited
above. Also (according to section 28 of the general law of 1876) they
can deposit temporarily in banks the excess of daily receipts over payments until such time as they may be judiciously invested.
first

Cities,

Counties and Towns
IN

STATE OF

ATLANTIC HIGHLANDS. —
Conover. Jr., Mayor;
This Borough

Refunding Water—

44s, JAJ, g., $60,000. July

Refunding Sewer—

JERSEY.

Note.— For places not given in alphabetical order among the following
ttatements, see "Additional Statements" at the end of this State.
is

FRANK
{

I

AAO, $10,000
JAJ,

Oct. 1, 1915

Jan. 1,1915

6,000

Water Bonds—
5s,

JAD, 50,000
JAD, 48,000

4s, seini-an.,

i

|

17, 1900. $206,000
60,500
City's propor.sch.ois bds.
" t.wn'p. rd. bds
15,500
Total liability Apr. 17/00 282,000

Floating debt (addit'l)..

J AD.... $60.000.. June

8ubject to call after June
JAD, $10,000.... June

5s,
5s,
5s,

L. TEN BROECK, MayorBURROUGHS, Clerk.

When Due. Bond, debt Apr.

Firk Bonds—
Ss.

C.

County.

in

LOANS—

4a,

WM.

June
Dec.

22,000

1915
1900
1917
1,1924
1,1926
1927
1,
1,
1,

Interest payable at Treas.

office.

I

I

|

|

I

1,

Assessed valuat'n, pers'l. 205,192
Total valuation 1900. ...1.454,892
Tax rate (per $1,000) 1900.$22-7o
Population in 1890 was
945
Population in 1900 was
1,383

1928

JAJ, g., $39,000... July 1, 1928
Electkic-Light Bonds—
School District Bonds—
5s. MAN, $15.000.. May 15, 1906
Tot.bor'h debt Mar. 1,'01.$114,000 5s, $30,000
1905 to 1919
Bonds are exempt from taxation.
($2,000 due yearly.)
Borough owns water and light plants, which yield a revenue in excess of interest charges. The assessed valuation of real estate and
buildings conneoted therewith and owned by borough is $17,000.
4s,

R A VOIST MF — )W. HAMILTON, Mayor.
DA X UiNiNrj EGBERT SEYMOUR,
5

'

Clerk.

C.

This city is in Hudson County. The oity issued since May 1, '98, $50,000 4 per cent street improvement bonds due in 1904, $100,000 44 per cent school bonds due in 1918, $50,000 4% 6-year gold
improvement bonds, $100,000 4% 10- year gold tax bonds $14,000 4%
20-year bonds, $75,000 4% 6-year improvement bonds, $50,000 4%
6-vear gold improvement bonds, $12,000 «% 20 year fronds and $50,0C0
4% 6 year gold street bonds, vve are unable to obtain from the city
officials any statement of the city's debt, but take the following front
a report made May 1, 1900, to the New Jersey State authorities.

financial
Amount.
$506,000
118,000
40,000
165,000
348,000
337,000
39,000
500
152,000
100,000

Loans —
City of Bayonne bonds..
Funded assessm't bonds.
Fuuded road const'n bds
Funded tax bonds
Improvement bonds
Refunded assess't bonds.
Roadbonds
Township bonds
Water bonds

Tax bonds
Bonded debt May

statement.
Floating debt
$94,757
Total debt
1,900,257
Sinking funds
136,996
Net debt May 1, 1900 ...1,763,261
Tax valuation, real
13,003,145
Tax valuation, personal. 795,875
Total valuation 1900... 13,799,020
Assessment about s 5 actual value.
Total tax (per $1,000) 1899 $27-20
Population in 1890 was
19,033
Population in 1900 (Census)32,722

l.'OO.. 1,805,500

Of the bonded debt, $4,000 bears 6 per cent $1,164,000 bears 5 per
cent; $257,000 bears 44 per cent; $380,000 bears 4 per cent;
This debt was and is due as follows:
in
$500, no interest.
1900, $53,000 in 1901, $39,000; in 1902, $167,000; in 1903, $101.000; in 1904, $75,000; rn 1905, $59,000; in 1906, $80,000; in 1907,
;

;

$20,500; in 1908, $49,000; in 1909, $100,000; in 1911, $340,000; in
1912, $23,000 in 1913, $41,000 ; in 1914, $13,000 in 1915, $48,000;
in 1916, $157,000; in 1917, $30,500; in 1918, $214,000; in 191P,
$141,000; in 1925, $33,000; in 1928, $16,000; in 1929, $5,000; $500
;

;

on demand.

BELLEVILLE. —This township
LOANS—

When Due.

Sidewalk Bonds—
44s,
44s,

....,
....,

1905
1907

$8,500
11,000

Improvement Bonds—
JAD, $50,000
Deo.

4s,

1,

1919

(Subject to call after Dec. 1,1909)

July 1,1925
1, 1915

,$65,000

4s,

Subject to call after July

Water Bonds—
44s

,

is situated in Essex Co.
Tot. debt Apr. 1, 1901... $160,000
Water debt (included)...
20,000
Tax valuation, real
1,956,000
Tax valuation, personal 200,4? 3
Total valuation 190O.... 2,156,453
Assessment is 4 to 23 actual value.
Total tax (per $1,000) '99... $2650

Population 1890 was
Population 1900 was

3,487
5,907

1915

$15,000

5,000
1909i
INTEREST on the $50,000 of improvement bonds is payable at the
Security Savings Bank, Newark, N. J.; on the $65,000 of improvement
bonds at the Howard Savings Institution, Newark. N. J.

44s,

,

the county seat.
Bounty Bonds— When Due.
7s, JAJ, $48,000.
Jan.. 1902 "05
(Above bonds are tax-exempt.)

H. Coe

is

NEW

ASBURY PARK—
Monmouth

S.

H. Roberts, Treasurer.

N".

BERGEN CO.—James
Hackensack

THE

Peter

Monmouth County.
When Due. Asses'd valuation, real.$l,249,700

is in

LOANS—

38,441
valuation, real
3,377,500
valuation, personal. 334,800
Total valuation 1900.... 3,712,300
Assessment 4 to
actual value.
Total tax (per $1,000) '99. .$22-50

Tax
Tax

4

Populationin 1900 was

4,148

I

ASBURY PARK SCHOOL
Monmouth County and

DISTRICT.

This district is in
includes Asbury Park,
Ocean Grove, Bradley Beach, West Asbury Park, and all of Neptune
Township. That portion, however, of the debt belonging to Asbury
Park has now been assumed by that city and is included in its debt.
When due. Total debt Oct. 1, 1900. $60,500
LOANSSchool Bonds—
Tax valuation 1899
3,500,000
5s, 8emi-ann., $60,500. 1912-1942 Assess, is about 50% actual value.
$22-50
Tax rate (per $1,00
($2,000 due yearly on June 20.)
I

Bonded debt Mar.

1, '01. .$133,000
Assessed valuat'n read. 39, 856. 065
Assessed valuat'n persl. 2,925,048
Bridge Bonds
Total valuation 1900.. .42,781,113
-'19 Population in 1890 was ... 47,226
34s, JAJ, $78,000.. Jan., 1907
34e, JAJ,
7,000. ...Jan. 1, 1920 Population in 1900 was
78,441
.

This city

59

NEW JERSEY-CITIES *NH TOWNS,

April, 1901.

.

—

BERNARDS—John
This township

is

LOANS—

A. Layton, Treasurer.

in Somerset County.

Refunding Bonds—

When Due. Tax

5s, $107,400.$5,000 y'ly froml901
Total debt Feb. 1, 1901.. $107,400
Tax valuation, real
2,402,017

valuation, personal. $347,450
Total valuation 1900. . . .2,749,467
17-00
Tax rate (per $1,000) '99
Population in 1890 was
2,558
Population in 1900 was
3,066

BLOOMFIELD.— Wm.
This town
Essex
is

L.

Johnson,

Clerk.

County.

in

LOANS—

When Due.

Sewer Bonds—
Ss, MAN, $32.500... Nov. 1,1901
($2,500 due y'ly) to Nov. 1, 1913
FAA, $50,000..
.Feb., 1930

4b,

STREET I.MPT. BONDS—
JAD. $75,000. ..June,

'19 to '29

4s.

($5,000 in '19; $7,000 yVly to '29)
Bonded debt Feb. l,1901.$157,f>00
Floating debt
30,000

Total debt Feb. 1,1901.. $187,500
Total valuation 1900
4,043,140
Assessment is 2= actual value.
Total tax (per $1,000) 1900 $25 00
Populationin 1890 was
7,708
Populationin 1900 was
9,668
School Dist. Xo. 1 Bonds—
4s,
4s,

MAN, $108.000
JAJ,

1900-1926
1905-1930

50,000

($l,000y'rly to'26; $7,000, '27-30

|

|

)

|

FRANK UN
ATLANTIC CITY.— <A. M. HESTON,STOY, Mayor.
This
P.

<,

Comptroller.

city

is

in Atlantic County.

LOANS-

City Bonds—
5b.

MAN, $3,331

City Improvement
5s,
MAS. $2,000

When Due.

May 1, 1904
Bonds—

I

Water Bonds —

5s,
5s,

JAJ,

JAD,
44s, MAS,

$6,500.. Jan. 1, 1905
775,000 .June 1,1925
100,000..Mar. 1, 1926
12,0n0..July 1, 1917
5.000...Ian. 1, 1909
200,000. July 1,1930

1901 44s, JAJ,
MAN, 11.000
1906 44s, JAJ,
5s,
MAN, 11.000
5s,
1911 4s.g.,JAJ,
44s, MAN, 40,000... May 1, 1906
Park Bonds—
44«. MAN, 40,000.. .May 1, 1911 448,g.,JAJ. $1 00,000. July 1, 1930
4i*8, MAN, 50,000.. ..May 1,1916
Paviko Bonds
44e. AAO,
5,000.. ..Apr. 1,1918 44s, g.,JAD,$100,OOO.Dec.l 1908
4i«8, MAN, 10,000. ..May 1,1914 4s,
MAN, 119,000. Nov. 1,1919
4s,
AAO,
1,000.. .Apr. 1. 1920 Bond, debt Mar. 1, '01... $1,">46,831
Road Construction bonds—
160,205
8inking fund, etc
44b, JAD, $5,000. ... Juno 1, 1902 Net debt Mar. 1, 1901
1,586,626

—

,

TAX FREE.— All of the above bonds are exempt
INTER EST

Is

from taxation.

payable at the Bloomfleld National Bank and Fidelity

Trust Co., Newark.

PR TT^r^T^T r^T\J —
1
,

D-Tt.-l-l-'VJ-.C

This olty

is

v-'-LN

5

BARTON

I

S.

•

H.

F. SHARP, Comptroller.
HITCHNER, City Treasurer.

situated in Cumberland County.
Water
When Dne,

LOANS—

Public Btilding Bonds—
4s, JAJ, $20,000
July 30, 1928
(Subject to call after 1903)

Street Bonds—

6s,

Bonds—

FAA, $38.000

Aug.

1,

1901

($3,000 due yearly) to Aug. 1, 1913
Interest pavable at Bridgeton.
Total debt Feb. 21, 1901. $178,000

valuat'n, real. 4,576,250
Assessed valnat'n.persl. 1,478,466
Total valuation 1900... 6,054,716
School Bonds—
Assessment is 4 actual value.
44s. MAS, $4,000
1905
44s, MAS, 2 1,000.... 1906 to 1912 Total tax (per $1,000) 1900.$17-00
11,424
4s. AAO, 15,000
Apr.,'14-'18 Population In 1890 was
Population in 1900 was. ..13,913

4 s,

AAO, $80,000

Oot 1.1920 Assessed

(Subject to call after Oct. 1, 1910.)

.

City.Hall Bonds—

FAA, $90,000 Aug.
Crematory Bonds—

4s, g,

1,

1930

4 *B,g.,JAJ, $40,000 .July 1, 1918
448,g.,JAJ, 16,000.. Jan. 1, 1920
4s,
JAJ.
5,000. July 1, 1920
4s, g., JAJ, 32,000. .Jan. 1,1921
l

Total valuation 1900... 18,299,400
Assessment about 4 actual value.
Tot. tax rate (p. $1,000) '00. $25-20
Population in 1900 (r ensufl)27,838
Population in 1890<CenBiis) 13,055
Summer population (est. >.l' 5,000
,

BURLINGTON.— Geo
Burlington County.
This city

is

in

When Due.
LOANS—
City Bonds (refunding)—
4s, MAS. $22.000
Sept. 1, 1904

C.

Gunn,

Treasurer.

Meadow Drainage—

4s,
4s,

July
Deo.
after Deo.

JAJ. $10,000
14,000

JAD,

Subject to call

1,

1,
1,

1901
1921
1901

—

-

60
LOANS—

4s,J&D, 6,500
48.J&D, 3,500
Steam Fire Engine—

.

1907
1908

$6,800
2,600

,

"Water bonds—
4s, MAX, $25,500
4s, J&J,
24,500
Interest

is

5,065
141,583
7, 1901..
Assessed valuat'n, real. 2,183,055
322,988
Assessed valuat'n.pers'l
2,506.043
Total valuation 1900.
Total tax (per $1,000) 1900.$22'40
7,264
Population in 1890 was
Population in 1900 was
7,39 i
Sinking fund
Net debt Mar.

1906
1908
1901

4e, ....,$10,100

4s

CITY SUf fitwtm*

Nov

1,
1,

.

fchool Disti irt Bonds—
48, MAS, $28,500. Sep.. 1900 to '28

1916
1908

July
payable in Burlington.

TAX FREE. —All bonds issued by this city are exempt from taxation.
5

is

R. R.

HATCH. Mayor.
MILLER, Treasurer.

—

LOANS—

NAME and PURPOSE.
Bounties loans, 1898

4

—

Payable.

When Due

&

1928
Jan. li 1903
Oct 1. 1909
July 1, 1919
May 31, 1906
July 1, 1902
May 1, 1906
July 1, 1911
Jan. 1, 1934
June 1, 1918
Apr. 1, 1928
May 1, 1929
May 1, 1930
June 1, 1916
Dec. 1, 1902
1930
Jan. 1, 1904
Jan. 1, 1905
July 1, 1921
Jan. 1, 1907
July 1, 1912
July 1, 1917
Jan. 1, 1920
July 1, 1922
Jan. 1, 1923
June 1, 1926
June 1, 1920

J

J

J&J
A & O

4

J

7

do
do

1899
1900
Floating debt, 1872
do
1876
do
1881
do
1883
School Bonds. 1898
Paviug Bonds, 1898
do
1899
Repaying bonds, 1900
Funding, 1886
do
1872
Refunding
Interest account, 1873
do
1875
Park bonds, 1897
Pay bonds, 1877
Water bonds, 1887
do
1887
do
1890
do
1892
do
1893
do
1896
Refunding water bonds, 1900.

& J
J & D
J & J

7
7

M&N
J & J

4
4
4
4

& J
& D
A & O
J
J

M&N
M&N
J & D
J & O
J&D
J & J

4

4
4
4
4
7

4
4

& J
J & J
J & J
J & J
J & J
J & D

4*2
4*2

j"'& J

J

7

4
7

4

4
4

STOCKTON BONDS—
Refunding, 1895
do
1897
Gen. improvement, 1895
do
do
1896
do
do
1897
do
do
1898.
School Bonds, 1897
do
do
1898
Wrightsville School Bonds
do
do
do
do
Roeedale School Bonds
do
do

5
419

5

5
5
5

4
4^2
5
5

J&D
J&D
MAS
F & A

M
M

S

& S
F & A
A & O
J & J
A & O

M&N
M &S

J
J

5
5
6

<fe

&

J
J

&
A & O
TOTAL DEBT, SINKING FUND, Etc-

Tot.

July

Outstand'g

$9,000
75,000
15,000
25,000
12,000
75,000
130,800
218,000
34,000
85,000
200,000
50,000
35,000
40,000
35,000
19,000
25,000
25,000
75,000
25,000
50,000
50,000

1,

UNOOO
95,000
95,000
600.000
91.000

Sept. 1, 1905
Aug.26,1907
Sept. 1, 1905
sept. 1, 1906
Aug.26,1907
Oct. 1, 1908
July 1,1917
Oct. 1, 1901
Mar. 1,1902
Mar. 1,1903
July 1,1911
Jan. 1,1902
Oct. 1, 1906

Mar. 1,1901. May 7, 1900. May 31, 1898.
bonded debt $2,484,600
$2,510,500
$1,897,800

$16,000
24,000
20,000
34,000
26,000
50,000
10,000
7,500

500
600
5,500

500
6,000

May 1,1896.

$1,254,800
67,500
74,005
30,000
30,000
116,624
90,466
30,000
The city water works, city hall and other property was valued in
1900 at $4,090,645 45. The water debt included in the above state
ment on March 1, 1901, was $1,076,000, and the water sinking fund
(also included above) $45,294.
Floating debt
8 1nkin g fund

valuatio n
Personal.

'.ssed

Real.

.

Total.

Rate of Tax
per $1,000.

1900
$25,578,560
$2,029,250
$27,607,810
$21-40
1899
24,618,462
1,881,700
26,500,126
2200
1898
21,965,630
1,766,300
21-00
23,731,930
1897
22,889,309
1,928,950
22-00
24,818,259
1896
22,550,702
1,761,350
24,312,052
2200
1895
24,616,920
1,744,200
19-00
26,361,120
1891
17,141,770
1,416,610
24-50
18,558,380
1886
13,701,474
1,592,210
15,293,684
2650
1880
9,908,235
1,657,850
11,566,080
2200
The assessments since 1893 have been made at full cash value.

POPULATION—In

58,313; in 1880

it

1900 (Census) was 75,935;
in 1870 it was 20,045.

in

was 41,659;

CAPE MAY.—
Cape May

;

THOMAS

1890

it

was

W. MILLET, Mayor

H. F. DOUGLASS, Recorder.
This city is in
County.
When Due. Interest is payable at Cape May.
LOANS—
General Improvem't Bonds— Total debt Feb. 15, 1900. $123,300
5s,
$10,000.... June 1, 1915 Aes'd valuation, real
1,544,700
5s, M&N, 13,000
May 1,1916 Ass'd valuation, pers'l.
171,400
5s, J&J,
12,000
Jan, 1,1918 Total valuation 1900
1,716,100
Sewer Bonds
Assessment is % actual value.
5e, J&D, $12,000
June 1, 1921 Tax rate (per $1,000) 1899. $2500
Redemption, Etc.— 1890—
Population in 1890 was
2,136
5s, J&J, $15,000
Jan. 1, 1910 Population In 1900 was
2,257
i

!

,

. .

—

Refunding Bonds—

5s,
5s,
5s,
4s,

M&N, $15,000
J&J
4,300
A&O,
A&O,

May

1910
Jan. 1.1905
13,000. .. April, 1, 1924
17,000
Oct. 1, 1929

School District Bonds
C. F. Qiiiookt, Clerk.
4^s, $35,000
Dec. 1,1901-35

1,

CUMBERLAND

4s,

,

Drain Bonds—

1901-1903

$3,000

,

($1,000 due yearly.)
4s,

F&A, 40,000

Aug.

1,

Tidewater Sewer Bonds—

1940

4s,

10,000.1901
18,000.. 1901

,
,

4s

9.000..1901
20,000.-1901
6,000 1901
7,840. 1901
r
,000. 1901

5s.
OS,

5s,
•8,

8,000. 1900

15,000 .1901
19,*00..1901
18,000. .1901
9.000..1901
28,500 .1901

4HS,
4>*s,

,

5s

,

4ss,

,

4s,

,

$192,000 Junel901to'24

,

Street Imp't Bonds— 4?i, 5 a

1901
1918

Due

I

1901.$21,225
1902. 30,215
1903. 24,629
1904. 20,04 9
1905. 19,013

,$45,000.. 1901 to 1906
51,500. .1901 to li)07

5s,
4s,

Nov. 1903

,$46,000

5s,

Town Hall Bonds—
4s, M&N, $27,0(0
May 2,
($1,500 due yearly) to May 2,
Sewer Bonds—

July 1,1914

4s
$200,000... Jan. 1, 1929
(Subject to call $50,000 in 1909
and $75,000 in 1919.)

($4,000 clue yearly.)
5s,

J&J, $84,000

Funding Bonds—

to 1H< is
10 1908
to 1909
to 1910
to 1912
to 1913
to 1914
to 1916
to 1915

95
85
99
34
87

|

I

|

I

1906.$17,561
1907. 16,441
1908. 12,265
1909 ) , Q noa
XJ v - ii

1910

Total

\

$180,431 72

Sinking fund

Net debt Mar.

44,000

1901..
974,731
Ass'd valuation, real.. .14,771,800
Ass'd valuation, pers'l
1,775,600
Total valuation 1900... 16,547,400
Tax rate (per $1,000) 1900. $29-00
Population in 1890 was
13,282
1,

.

1919

Population in 1900 was

P. J.

ELIZABETH.

'

12
16
58
QC
8t>

Bonded debt Mar. 1901 $1,018,731

to 1916
to 1918
to 1918
to

6°6

Due

RYAN, Acting Mayor
CARLTON, Comptroller.

A. B.

21,506

This city got into financial difficulties through making extensive
improvements. Interest was defaulted February 1, 1879, and a
compromise was finally effected with the bondholders, by which new 4
percent bonds dated July 1, 1882, were issued in exchange for the
old 7 per cent bonds turned in at 50 per cent of their face value.
Elizabeth is in Union County.

local

LOANS—

Interest.

'

NAME AND PURPOSE.

—

Principal.
Outstand'g.

.

,

.

When Due.

Payable.

Rate.

J&J
J&J

July 1, 1922 $3,099,460
4
Adjustment bonds, 1882
....
5
1900 to 1905
63,500
School bonds
4
Jan. 1,1910
1900
45,000
do
A sinking fund of about $75,000 per annnm is applied to redemption of outstanding bonds.
I

NT E REST

is

paid by the Mercantile Trust Company of New York.
Etc.—Total bonded debt July 1, 1900, was $3,-

TOTAL DEBT

Bonds are

207,960.

exempt from

all

city tax.

ASSESSED VALUATION, TAX RATE, ETC—

Assessed valuation.
Rate of Tax
Personal.
Total.
per $1,000.
$29-60
1900
$2,038,342
$16,150,555
$18,188,897
15,595,500
1,900.200
1899
17,495,700
29 60
28-60
1898
15.391,400
1,759,700
17,151100
1,797,200
1897
15,119,100
16,916,300
28 60
28-80
1,780,300
1896
14,796,650
16,576,950
29-80
1895
14,710,750
1,744,800
16,455,550
29-80
1893
14,248,950
1,719,918
15,968,868
The tax rate in 1900 Includes State tax, $2-58+; county tax, $4-84+:
city tax, $22-16 + total, $29-60 per $1,000.
POPULATION—In 1900 (Census) was 52,130; in 1890 population
was 37,764; in 1880 it was 28.229: in 1870 it was 20.832.
.

Real.

Years.

;

EN GLEWOOD.- Robert Jamieson,
Bergen county.
This

C.eik

city is in

School Bonds—

When Due. Bonded debt Mar.

5s,
J&J, $3,000... July, 1901-*03
3,500... July, 1901-'07
5s, J&J,
3*28, J&D, 65,000... .June 1,1930

Fire House Bonds—

1, 1901.$79,500
Assessed valuation 1900.5,014,610
Assessment about actual value.
Tax rate (per $1,000) 1899. $21-60
Population in 1900 was
6.253

F&A,

$8,000.... Feb. 1, 1910
on $3,000 school bonds is payable at the First National
Bank, Jersey City; on all others at the Citizens' Nat. Bank, Englewood.
FREE—All bonds are tax exempt.

3128.

INTEREST

ASSESSED VALUATIONTears.

51^8
5s,

4%s,
Principal.

,

4

City hall, 1874
Fire department, 1889

do
do

Interest.

Rate.

March, 1899, annexed the

in

1901-1903

$900

,

When Due.
LOANS—
Tax Arrearage Bonds—

($300 due yearly.)
1901
$1,500
8,000
1901-1902

5s

B.

Camden County,

in

town

53ts,

LXX1I

Vol.

WheyiDue.

School Bonds—

48,

COOPER

(

CAMDEN.This city, which
of Stockton.

LOANS—

When Due. Total debt Mar.7, 1901. $146,648

Paving Bonds—

48,...

/W

STATE

TAX

"ET-CCETV ^UUiNl I
r^r^TTlVT rr"V
H,:=>C3 EL, A.

.

THOS. McGOWAN,
MCOOWAN,
— )THOS.KEEPERS,
)h.L.

The county seat is Newark.
When Due.
LOANS—

Court House Bonds—
4s, g., F&A, $200,000. Aug. 1,1940

Road Bonds—
5s, A&O, $4,588
5s, A&O, 32,715 69

0.

Gakri

Bridge Bonds—
July

$150,000

4s

1,

1917

Refunding War Bonds—
A&O, g., $300,000. Apr. 1, 1919

4s,

Apr. 30, 1901
1902-1906

Total debt Aug. 1,1 900 $4,899,600
Sinking funds
337,568
1901 to 1910 Net debt Aug. 9, 1900. 4,562,032
4s, ...., 107,000
4s, g., F&A, 90,000... Feb. 1, 1911 Tax valuation, real. ..174,505,810
Tax valuation.person'l 38,263,201
Park Bond*—
3-65s,F&A,$l,000,000.Au.l,'15-35 Total valuation 1900. .212,769.011
Co. tax (per $1,000) 1900... $6 -783
($200,000 every 5 years.)
4s, F&A. $1.500.000.. Aug. 1, 1926 Population in 1890 was
256,098
4s, F&A. g, 1,500,000. Aug. 1, 1938 Population in 1900 was. ...359,053
"

Refunding Bonds—

A&O, $105,000... 1901 to 1905 Principal and interest of the park
bonds are payable in gold.
($21,000 due yearly on Apr. 1.)
INTEREST on $2,500,000 park bonds and on the Court House bonds
is payable by the United States Mortgage & Trust Company, New York
City; on the $1,500,000 issue of park bonds at the office of J. & W.
Seligman & Co. of New York City and Seligman Bros, of London; on
all other bonds at the Manufacturers' National Bank, Newark.
4s,

FRANKLIN. —This township
LOANS—

When Due.

Road Bonds—

4s. coup.,
5s. Ten..

1925

$47,000

5,000.... Nov. 1, 1906

is in

Essex County.

Sidewalk Bonds—
$13,000... Apr. 1, 1910
Optional after Fe 1, 1905
Bonded debt Mar. 1 ,1900.$113,000
Water debt (included) .... 52,000
Tax valuation, real
1,458,855
Tax valuation, personal.. 53,125
Total valuation 1900. ...1,511,980
Total tax (per $1,000) 1900.$2790
Population in 1890 was
2,007
Population in 1900 was.... 3,b82
4>tiS,

April 1,1902
$38,000
1920
($2,000 due yearly) to

4s, reg.,

Water Bonds—

CO.— William

Direct*
Director.
Collector,

,

>.

W00D8IDE Bonds—
SON, County Collector. Bridgeton is the county seat.
1906
5s, reg., $6,000
When Due. Bond'd debt Feb.22, 1901. $101,000
LOANSAsyi.dm Bonds—
Assessed valuat'n 1900.17,099,395
4ks, J &J, $75,000. Jan. 1902 to '16 Assessment abt. 66% actual value.
4^8, J&J,
5,000 ...1903 to 1907 Btate&OO tax (perM) 1900. $7-58 r- t
> Robert s. rudd. Mayor.
td i r^r^ vr
Jail Bonds—
Population in 1890 was ...45,438 <jL_cj in ni.LJv_jn,.— Nathan russell, cierk.
4^8, M&N, $15,000.. Nov. 1, 1906 Population in 1900 was
This borough is in Essex County.
51,193
Bridge Bonds—
When Due. Bonded debtOct.l. 1900.$147,000
LOANS—
4»a8, F&A, $6,000.Feb. 1902to'03
Road Impt. Bonds—
Assess'd valuation, real. 1,588,000
|

pm

INTEREST is payable at County Collector's
TAX FREE.— Bonds are all tax exempt.

F A ST UK AJNvjrfc-.—
E->^i5 1 OR A rJOPT

5

EDWARD

ollice.

yearly to 1925.)

Sewer Bonds—
E.

BRTJEN. Mayor.

ALONZO DURKEE,

Auditor.
This place, located In Essex County, became a city in Dec, 1899.
$

1902-1925
4^8, F&A, $60,000
($2,000 yearly to 1915 and $3,000
4s,

J&D, $3 7,000.. June

1.

1909-27

($2,000 due yearly.)
5s.

J&D, $50,000

June

(Subject to call aft er June

1, 1914
1, 1900.)

Ass'd valuation, pers'l.. 125,000
Total valuation 1900
.1,713,000
$2500
Tax rate (per M.) 1900
Population in 1900 v*8
1,960
.

school District
48,
4e,

Bonds—

M&8,$30,000..8ept. 1914 to '28
M&8, 50,000
Sept. 1, 1929

—

)

—

—

:

:

)

61
NEW j£BS£Y-CITI£S MB TOWNS,
HUGH DUGAN, County
GLOUCESTER CITY.- JOHN H.BOYLEN.Mayor. HUDSON r*r\ — MAURICE STACK, County
DICKENSHEETS,
Camden

April, 1901.

Collector.
Clerk.

5

This city

is

County.

in

Water Bonds— (Con.) —

When Due.

LOANS—

Sewer Bonds—

5s,

Jan.

J&J, $18,000

4s,

1,

$8,000.. ..Aue. 1,1904
Nov., 1905
5,000
4^s, -..-,
4i«8,
Nov., 1908
5,000
Dec, 1919
4s, ....,100,000
,

Water Bonds—

$20,000. . . 1914 to 1923
($2,000 due yearly.)
$10,000.... 1924 to 1928
($2,000 due yearly.)

6s,

.

,

5s,

GLOUCESTER
LOANS—

PlERSON,

E.

Total debt April 1, 1901... $91,000
44,000
Floating debt
11,189,474
Tax valuation, real
Tax valuation, personal 3,247,696
Total valuation 1900. ..14,437,170
County tax (per$l,000) '00..$600

$10,000.. ..1902 to 1907

4s

1932

Woodbury.

is

When Due.

Road Bonds—

to

9,000.... 1902 to 1908
10,500....l902tol909
31.500....1902tol911
28,649
4s,
30,000.. ..1902 to 1912 Population in 1890 was
31,905
Population in 1900 was
Interest payable in Woodbury.
TAX FREE— All of the county's bonds are exempt from taxation.
4s,

4s
4s

,

GUTTENBERG. -John Zeller, Ch.of Council
This town
Hudson County.
in

is

LOANS—

When Due

$101,356
830.875
School Bonds—
Tax valuation, real
5s,
May '02, 1926 Tax valuation, personal. 44,725
$25,000
875,600
Refunding Bonds
Total valuation 1900
1460
5s, A&O. $90,000.... Apr. 16, 1903 Tax rate (per $1,000)1899
1,947
($10,000 every 5 yrs.to Apr.16,'13, Populationin 1890 was
and $60,000 April 16, 1918.)
Population in 1900 was
3,825
Total debt Mar., 1899

—

HACKENSACK.-M
Bergen County.
This village

is

,

Clarendon,

E.

Preb'c.

in

LOANS—

When Due. Bonded debt 1900

$101,700
91,957
193,657
5s,
$35,000. .Feb.,1902 1908
Sewer Bonds—
valuat'n, real.. 4, 737,325
Assessed
4s, g., $48,000
Feb. 1, 1901 to Assessed valuat'n, pers'l 451,500
due yearly) Feb. 1. 1913. Total valuation 1899. ...5,188,825
($4,000
4s, J&D, 21,000
1902.1905 Assesm't about 30% actual value.
Town tax rate (per M.) '99.. $22-60
(V. 71, p. 1009 for maturities
Population in 1900 was
9,443

Road Bonds—

Floating debt
Total debt 1900

,

HARRISON-ISj RICE,
town
Hudson

President.
Treasurer.

J.

This

is

County.

in

LOANS

When Due. Bonded debt Jan.

School Bonds—
5b, May, $10,500
4*28

,

1901 to 1903
1928

14,000

8rREET Improvement Bonds—
4^8,

1928

$66,300

Fire Bonds—

4138,

1928

$14,000

Town Hall Bonds—

1,

1900 $422,800

Floating debt
25,717
Total debt Jan. 1,1900.. 448,517
Sinking fund
26,140
Net debt Jan. 1, 1900.... 422,377
Total valuation 1900
3,719,350
Assessment about actual value.
Total tax (per $1,000) 1899.$2500
Population in 1890 was
8,338
Population in 1900 was
10,596

J&J. $16,000
July
Refunding Bonds.
4s
,$300,000

1,

HOBOKEN.

LAWRENCE FAG AN, Mayor.
FRED. KAUFMANN. Comptroller.

58,

Hoboken

is

in

LOANS—

\

1929

Hudson County.

NAME AND PURPOSE.

Fire house, 1892... r

do

B

A&C

A
A
A
A

—

4
7
4
4*2

4
4
4
4
6
5

J

J

D

J

O
O

M& N
6
M& N
4
4^ M & N
4>a

1893. ..r 4*3

1894... r 4
Volunt'rb'nty.ser.I.o 5
Refunding, 1899... 4
City HaU, 1880.. c&r 5
Police Dept, 1892
4^
do.

D
A
J
A

F & A

M& N
M& 8
M& N
M &N

When

Public Road Bonds— ( Con.

Armory Bonds—

48,

J&J, $l,000..r....Jan

1902

1,

Sidewalk Bonds —
4s, A&O, $50,000. r.. Oct. 1,1901

4s,

M&N,

5s,

J&J,

127,000..r...May

Bridge Bonds—

1,

$31,000.. c.Nov. 1,1901

4^g,M&S, 100,000 go. Sept.l, 1918
106,000.. r.. Jan. 1,1917
4s, J&J,
28,000.. ..Jan.,1902-15
4s, J&J,
3»«8, JAJ, 28.000. r.. July 1,1915

4ia9,J&J,$100,000..r.Jan. 1, 1911
($10,000 due yearly) to Jan.l, 1920
4s, J&J, $90,000.. r... Jan. 1, 1902
($10,000 due yearly) to Jan. 1, '10
$14,000.. r. Jan. 1, 1902
3s, J&J,
($2,000 due yearly) to Jan. 1, '08
$1,000.. r. Jan. 1, 1909
3s, J&J,

J&J, 600,000.g..c Jan. 1, '25
J&J, 150,000g,r.Jan. 1, 1926
4s,A&0, 24,000 r.... Oct. 1.1902
4s, J&J, 48,000 r .. July 1, 1903
4s, A&O, 38,000 r.... Oct. 1,1903
Oct. 1, 1904
4s, A&O, 38,000 r.
4s, M&N, 200,000 r..May 1. 1927
4s,g,M&S, 44,000 r..Mar. 1,1928
312s. J&J, 50,000 r.. July 1,1919
3ks, J&J, 94,? 00 r.Jly 1,1902-10
41-28,

4g,

. .

.

Purchase Bonds—

4^3, M&N, $73,000

r.

.Nov. 2, 1911

Hoboken Extension—
4 s, A&O, $65,000. .Oct.
3^8, A&O. 12,500.... Oct.
Tax Arrears Bonds—
*-

. .

1,
1,

1929
1929

6s, J&J,$250,000c&r.Jan. 1,1905
5s, J&J, 318,000 c&r.Mayl9, 1901
Public Road Bonds—
War Renewal Bonds—
413s, M&N,$100,000.r. Nov. 1, 1922
4iflS,J&J,500,000..c&r.Jan. 1, 1923 5s, M&S,$854,000..r..Sep. 1, 1905
4^8, J&J. 250.000o&r. Jan. 1.1923
INTEREST is payable by the First National Bank, Jersey City, N.J
TOTAL DEBTi Etc.—The bonded debt Dec. 1, 1900, was $5,010,244
sinking fund, $1,254,950; net uebt, $3,755, 494. The net debt in 1897

was $3,591

106.

ASSESSED VALUATION

and tax rate have been as follows
Tax rate
Assessed Valuation
Total.
per $1,000.
Real.
Personal.
Years.
$5-53
$169,127,890'
1900
$14,396,050
$154,731,840
5-98
160,289,964
1899
12,672,200
147,617,758
5-48
158,312,887
1898
145,979,101
12,333,782
156,174.239
1897
144,038.741
12,135,498
159,949,214
12,261,922
1896
137,687,292
5-80
147,307,903
1894
135,386,022
11,921,881
1893-94
141,591.212
130,209,003
11,382,210
5-60
1891-92
133,495,054
123,387,636
10,107,418
The population in 1900 was 386,048; in 1890 1*
was 275,126; in 1880 it was 187,944; in 1870 it was 129,067. Population in 1898 was 359,850.
.

.

POPULATION—

iirtDOCV pttv
Ol

5 EDWARD HOOS, Mayor.
JH.l-tO.tlr I
1 I
^ROBERT 8. JORDAN, Comptroller.
formerly suffered greatly from difficulty in collecting
Jersey City
taxes and assessments. Under the Martin Act, however, passed
some years ago by the Legislature, arrears of taxes are made liens on
the property, and if not paid within three years the property can be
sold to satisfy them. The city has also succeeded in adjusting the taxes
with the railroads, and the latter now pay into the treasury about
$225,000 annually. On Feb. 13, 1900, the citizens authorized the purchase of a water plant (now building) for the sum of $7,595,000. V.
70, p. "344. Jersey City is in Hudson County.
.

—

—

LOANS-

—

Principal.
Interest.
When Due. Outstand'g.
Rate. Payable.
Refund, assess, b'ds, 1893. c&r 5g.
& S Sept. 1, 1923 $700,000
do
do
1894.. .c&r 5g.
May 1,1924
600,000
City government, 1872
r 7
July 1,1913
a550,000
City Hall, 1891
partc&r 5
Feb.lO,*02toT2 110,000
($10,000 due yearly to Feb. 10, 1912.)
do
1894
r 5g.
Jan. l,'13to'22 200,000
($20,000 due yearly.)
do
1894
c&r 5g. J & J Jan. 1,1923
350.000
•

NAME AND PURPOSE.

.

.

,

M

M&N
J&J
F&A
J&J
do
1896 and 1897
4
F&A Feb.l.l902-'07 450,000
60.000
Refunding, 1897
c&r 4g. M&N May
1927
1P00
do
3** J & D June 1,1920
125,000
do
1900
3>« A&O April
1910
30,000
Park,
1897
May, 1927
100,000
4g. M&N
City of Jersey
1884.. c&r 6
A&O Apr. 1,1904 tl.000,000
Fire Engine House, Police Station,
Bonds1.

Dee.
Feb.

1,
1,
1,
1,
1,
1,

$312,000
54,000
50,000
45,000
100,000
90,000
13.000
100,000
9,500
5,000
20,000
15,000
25,000
13,000
7,000
10,000
196,000
75.O00
60,000
24,000
150,000
50,000

;

City,

etc.,

Engine house, 1893
r
do
do
1894. ..r
do
do
1896. ..r
Fire Department... 1897... r
do buildings
do
r
Police H'd-Quar., 1890
r
Police stations, 1890
r
do
do
1892
r
do
do
1891
r
do
do
1897
r
Funding Loans to Fund—
As8es8mentbonds,1875.c&r
do
1876. c&r
do
Floating debt,
Maturing bonds,

do

do

Differences,

&c,

Street lighting

do

do

1891.. ..r

Coupons are payable by the Firat National Bank of Hoboken
and interest ou water bonds at Water Registrar's office.

office.

May 7,1900. May 1,1899. May 2, 1898. May 3, 1897.
Total bonded debt.... $1,424,000 $1,458,500 $1,285,000 $1,264,000
Sinking funds
57,523
36,029
68,251
37.464
Netdebt
$1,36*,477 $1,390,249 $1,247,536 $1,227,971
Floating debt
*97,824
$115,800
$117,421
The sinking fund receives yearly a portion of the license fees and
moneys collected from assessment after certificates are paid.
CITY PROPERTY—The city owns parks, publio buildings, a water
system and other assets amounting to over a million dollars.
ASSESSED VALUATION— The city's assessed valuation (about
66 per cent of the cash value) and tax rate have been as follows
Real
Personal
Total
Rate of Tax
Years.
Estate.
Property. Assessed Valuation .per $1,000
1900
$25,770,900
$2,020,230
$27,791,130
1899
26,138,800
$24-30
1,909,300
28,048,100
1898
25,513,700
2480
1,855,010
27,368,720
1897
24-20
25,138,500
1,634,390
26,772,890
1896
24,828,600
2200
2,884,640
27,713,240
1895
22,124,400
24-20
2,242,480
24,366,880
1890
17,275,600
24-70
1,622,862
18,898,462
1887
15,621,100
25-36
1,491,300
17,112,400
1880
13,575,600
21-81
1,284,447
14.860,047
POPULATION— In 1900 (U 8. Census) wa* 59,364; in 1890 it was
43,648; in 1880 it was 30,999; in 1870 it was 20,297.

& J July 24, 1901
4^ M & S Sept.10, 1902
4^ J & J Dec. 28, 1903
4
June 1. 1909
3 * A & O Apr.l, 1902-10
4
J&J Jan. 1, 1902
4*2 A & O Oct. 1,1903-4
5
J&J Jan. 1, 1909
4*2 J & J Jan. 1,1905-7
413

1897. ...r
..1900....r

Publio library bonds.

J

8,000
8,006
4.000
12,000
W.006
s5,000
10,000
20,000
15.100
7,500

J&J

1

5

7
7
5

1879. C&r 6
1880. ...r 6
1892.. .r 5
1881.. ..r 5

1898..
PAR VALUE OF BONDS-A is $1,000; Bis $5,000; C is $10,000;
do
do
.1900...
D is $500.
Funding Loans to Fund
INTEREST on registered bonds is payable at the City Treasurer's
Tax arrearages, 1898... o&r

TOTAL DEBT, Etc-

1902

4^g,J&J.$500,000g.c&r.Jan. 1,'24

...r

Principal.
Due.
Outstand'g.

1918
1905
Moh
1917
Aug.
1907
July
1910
Mch
1917
June 1 1918
1917-1926
Oct. 2, 1902
Apr. 12, 1903
Nov. 1, 1910
Nov. 1, 1902
Oct I. 1917
Nov. 1, 1907
Aug. 1, 1908
Aug. 1, 1909
Nov. 15, 1901
Feb. 1, 1919
Sept. 1, 1910
Nov. 1, 1912
May 1,1928
Oct. 1, 1928

Repaving bonds, 1898-0 4
Paving bonds, '98 r&o 4
"0," coupon bonds "reregistered bonds.

A&B

This county contains the cities of Jersey City, Hoboken and Bayonne.
seat is Jersey City.
When Due.
When Due.
LOANS—
LOANS-

The county

2,

,

.

Rate. Payable.

Enginehouse.l882.r
do
i897....r

A

Interest.

'

A
City Loan. 1898... c
A
Judgment, 1875
r
A
Library bonds,1897o
B&C School-house, 1887. r
A&B
do
1890. c&r
A
do
1897. ...c
A
do
1898. ...c
A Sewer bonds, 1897...
D Water bonds, 1882 r
D
do
1883. ...r
D
do
1890.... r
B
B

1913

J.

I

Lunatic Asylum Bonds—

CO. — George

County seat

Collector.

1929

$8,000

,

($2,000 due yearly.)
$23,000.... 1901 to 1913
4s,
($2,000 due yearly.)
Bond, debt Feb. 12, 1901. $197,000
Water debt (included) ...
61 ,000
Tax valuation, real
1,566,410
Tax valuation, personal. 313,075
Total valuation 1900 .... 1,879,485
Total tax (per $1,000) 1900.$2000
Population in 1890 was
6,564
Population in 1900 was
6,840

1920

Improvement Bonds—

4>as

\~>^-J-

G. W.
Treasurer.
(

4

J&J
J&D
J&J
A&O
F&A
J&D
J&J
A&O
J &

June
Jan.

Apr.
Feb.

June

1905
1906
1,1916
1,1909
1, 1910
2,1922
1.1911

600,000
300,000

1,
1,

11,469,000
tl. 353,000

,450,006
Jan.
1200,000
Apr.
(150,000
1901-1907, )
(
J?$3,800 yearly [ 26,600

3% J & J
4g.
3ia

Feb. 15, 1910

on July

(

A&O
A
& O

J&J
A&O
J&J
F&A
F&A

1.

190211
Apr. 1,1928

Jan.,

Apr.

1,

1928

)

24,491
150,000
75,000

4
800,000
Jan. 1.1902
do
1899
335,000
r 3"* A & O Jan. 2, 1902
do
C. RR. of N. J.. 4
265,203
Deo. 1901'03
do
1900
580.000
3««
Jan. 1,1902
do
1900
237,000
J & J Jan 2.1902
3>fl
Improvements, 1874
60,000
r 7
Jan. 3,1906
Property purchased
560,997
r 4
with bond optional
School Bonds, including Bergen, etc., issuesPub, schools 1897
200,000
Aug. 2,1927
g 4
do
100,000
1898
Aug. 1, 1918
c&r 4g.
do
1900
55.000
r 3H J & J Jan. 2, 1910
Streets and Sewers Assessment Bonds
8treet» and sewers, 1892. c*r 5
Jan. 2, 1922 tz$548,000
Waterloan, 1870
Jan. 1,1902 a375,000
c&r 7
do
Apr. 1,1902 aSOO.OOO
1872
c&r 7
do
1872
8 Sept. 1, 1902 a500,0O6
o&r 7
do
Jan. 1. 1904 a250,000
1874
c&r 7
do
Jan. 1,1906
1876
a60,000
r 7
do
Nov. 1, 1906
a61,000
1876
r 7
do
a47,000
8 Mch.26,1908
1878
r 7
do
May 1,1913 a500,000
1873
c&r 7
do
July 1,1907 a255,000
1877
c&r 6
Feb. 1,1909
do
1879
a50,000
c&r 6
do
July 1,1909
1879
a50,000
c&r 6
do
Feb. 1.1913 ta525,0O0
1883
c&r 5
do
Apr. 1,1916
1586,000
1891
c&r 5
June 1, 1921
do
1891
350,000
c&r 5
do
Jan. 2,1922
1248.006
1892
c&r 5
do
Jan. 2,1923
1200,000
1893
c&r 5

J&J
J&J
A&O
M&
J&J
J&J
M&N
M&
M&N
J&J
F&A
J&J
F&A
A&O
J&D
J&J
J&J

4

.

:

SW£ AW

02

—

LOANS-

Interest.---.

Water loan, 1895
1899
do

4

r

Past due, not presented tor

&

J

payment-

When Due.
Jan.

J Jan.

$179,000
100,000

1925
1929

2,
2,

>

CITY SUf fLCWENT.

Principal.
Outstand'g.

,

Rate. Payable
r 4>s J & J

NAME AND PURPOSE.

—

:

MIDDLESEX
County seat

is

New

LOANS—

Bridge Bonds—

LXXII

Vol.

CO.-

5

I

Brunswick.
When Due.

A8BTJRY FOUNTAIN,

DAVID SERVISS,

Bonded debt Feb.

Director.
Collector.

20, '01. $121,550

Floating debt
60,000
Tot. debt Feb. 20, 1901. 181,550
Total valuation 1900. .28,306,679
State & Co. tax (per M.) '00... $982
Population 1890 was
61,754
Population in 1900 was
79.762

1.000 4, J&J, $20,000
June 1, 1894
Jan. 1,1902
and sewers. .. various 7
1,750
7
($10,000 due ye'ly) to Jan., 1903
Improvements
5,000
May T, 1897
4
Renewal Bonds—
Fundeddebt
2,000 4s, J&J, $12, 500.. Jan., 1902-1903
June 8. 1900
7
Morgan Street dock
...
6,000
4s, J&J,
t Secured by special sinkin w fund.
a $1,000 each
1904-1911
4s, J&J,
40,000....
x These are assessment bonds
m Wholly in sinking fund.
'($5,000 due yearly on Jan. 1.)
Prinoipal and interest paid by a special tax levy.
1902-*11
Exch. Nat. Bank of New York. 3V.F&A, $42,000.Feb.9,
INTEREST Is paid by the Merchants'
INTEREST is payable at the Co. Collector's office, New Brunswick
TOTAL DEBT. ETC —The city's total bonded debt, on Dec. 1, 1900,
was *18,?T66,817 71, which amount included $4,218,000 of assessment
TAX FREE,— All bonds issued by this county are tax exempt.
bonds and $5,136,000 of water bonds. The floating debt at that date
16.
...
.^_
was $698,376
_
,
,
Streets

.

.

Dec. 1, 1899.
$8,271,072
4,218,000

Deo. 1, 1900.
$8,237,777 57

General account debt
Assessment account debt

4,218,00000
|35,970
698,376 16
876,9 60
975,040
783,648
897,926 36
Other accounts
$14,685,550
Total liabilities (excludin water debt). $15,027, 120 23
$636,055
$587,288 93
Cashin City Treasury
2,208,181
2,408,529 78
Cash and bonds held in sinking funds
3,769,419
3,985,352 22
Taxes due and unpaid
2,601,445
2,678,245 19
Assessments due and unpaid
4,102,190
4,54S *.*'0 00
Cltyproperty
543,155
462,717 27
Other item s
$13,860,445
$14,665,783 39
Total resources
$5,136,000
Water debt (sink'g funds not deducted) $5,136,000 00
SINKING FUNDS—The sinking funds, all of which are invested in
the city's bonds and certificates, on Dec. 1. 1900, were as follows

Temporarv loans
Improvement certificates

1

;

. .

f

.

Cash.
General sinking funds. .$64,979 71
7,326 10
Water sinking funds

Securities.

Total.

$2,343,550 07
613,078 38

$2,408,529 78
620,404 48

$72,305 81

$2,956,628 45

$3,028,934 26

Total

ASSESSED VALUATION-

Tax Rate
per $1,000.
28-20
$93,325,000

-Assessed Valuahon.Personal.

Real.

1900
1899
1898
1897
1895
1890
1886
1880

Total.

$84,552,605
$8,772,395
92,021,096
83,900,055
8,121,041
90,445,000
7,510,141
82,934,859
89,962,761
82,415,220
7,547,541
89,339,622
81,968,790
7,370,832
78,957,415
73,059,265
5,898,150
66,879,939
61,894,739
4,985,200
59,466,690
5,343,815
54,122,875
POPULATION—In 1900 (U. S. Census), 206,433; in 1890
163,003; in 1880 it was 120,722; In 1870 it was 82,546.

KEARNY.— William
town
Hudson
This

is

it

was

LOANS—

When Due.

When Due.

F&A 45,000 Feb. 1 902-*06
<$1 o,000 yearly to 1905.)
.

.

Sewer Bonds—
5s, M&S, $25,000.... Sept. 1,1901
5s, M&S, 75, 000.... Mar. 1,1903
Refunding Bonds 1906

,

Fire Department—
5s, F&A, $6,000.... 1901 to
($1,000 annually on Aug. 1.)
Redemption RR. Bonds
June 1,1902
5s, J&D, $94,000
5s, J&D,
6,000.... June 1. 1903
5s, J&D, 4 8,800.... June 1. 1904

—

School Bonds—
F&A,
$500
M&S, 4,000
J&D,
8,000

Sept. 1,1909

,$7,000

4s.

Water Bonds—
6s,
5s,
5s,
5s,
5s,
4s,

A&O. $58,000.. ..Oct. 1, 1917
A&O, 30,000.... Oct. 1,1917
M&S, 2,000.... Oct. 1,1917
A&O, 13,000..Oct.l8,'19&'20
A&O, 11,000.. Oct. 1,1919-20
F&A, 10,000
Feb. 1, 1»29

1907
Hept, 1, 1901
1301 to 1904 Bonded debt May 1,1900.$566,800
Floating debt (add'al).... 157,060
($2,000 yearly on June 1.)
146,771
5s, J&D, $2, 000.... June 1,1906 Sinking fund assets
2,000. . . 1901 to 1902 Total valuation 1900.... 4,446,771
5s, M&N,
Tax rate (per $1,000) '99 .. 2800
($1,000 yearly on May 1.)
5s,
M&S, 4,000.. ..Sept. 1,1906 Population in 1900 was
10,896
J&D, 1,000 ...Dec. 16, 1906
5s,
INTEREST on the redemption bonds is payable by the Central
Trust Company, New York; on the street improvement bonds by the
National Newark Banking Company; on the sewer bonds due Sept. 1,
1901, at the German National Bank; on all others at the Essex County
National Bank.
Feb.

5s,
5s,
5e,

1,

.

.

LONG BRANCH.— Benj.
Monmouth
Long Branch

P.

Morris, Mayor.

County.
Bond, debt Mar. 1, 1901
$89,000 Total valuation 1899. .$11, 143.455
Floating debt
10,000 Tax rate (per $1,000) 1900 ..1850
Total debt Mar. 1, 1901.
99,000 Population in 1890 was
7,231
Tax valuation, real
10,147,150 Population in 1900 was
8,872
Tax valuation, personal 996,305
is

in

MADISON.— A.
This borough
is

L.

Reynolds, Ch. Fin. Com.

in Morris County.

When Due.
LOANS—
Electric Light Bonds—
5s, A&O ,$15,000
Apr. 1,1923
(8nt>ject to call Apr., 1903.)

Road Bonds—
4*28, F&A, $27,000... 1901

to

1909

($2,000 due yearly.)

School Bonds—
,$15 000

58

1917-1931

Bonds are tax exempt.
When Due.
LOANS—

Watkr Bonds—
5s,

A&O, $10,000

Apr.

1,

1923

(Subject to call April, 1903)
Bond, debt Feb. 1, 1901. $142,000
Floating debt
22,000
Total debt Feb. 1. 1901.. 164,000

Sinking Fund
Total valuation 1900

16.000
2,046,850

Refunding Bonds—
Assessment is ^ actual value.
F&A, $20,000
1919 Total tax (per $1,000) 1900.$23-70
Refunding Water Bonds—
Population in 1890 was
2,469
3^8, F&A. $70,000... Aug. 1, 1920 Population in 1900was
3,754
INTEREST is payable at the First National Bank of Madison.

4s,

MERCER
County

CO.— Josiah

LOANS—

When Due.

seat

is

Jones, Director.
8,

$288,000
1900
463,000

Tax valuat'n, real
37,33 1 ,924
Tax valuation, person'1.1 1,930,144

Impt. Bonds
$60,000. ..Dec. 1.1901
($10,000 due yearly) to Deo. 1. '06
4a, A&O, $100,000 ..Oct., 1901-10

Total valuation 1900... 49,262,068
Tax rate (per $1,000) 1899... $6-03

—

Road

4a,

,

Deficiency Bonds—
JuneS, 1903
,$25,000
Bonded debt May8, 19O0.$175,OOO
4s

School Bonds—
5s

,

Tax

$22,000. Aug. 1,1901 11

rate (per $1, 000) ,;'99
Population in 1890 was.
Population in 1900 was

Refunding Bonds—

4s,

$53,000
1. '01
'00.. 4,270,760

Assessed valuation,

J&J, $31,000.. July

1,

1909'28

a/T/^TVTnrr^T a td
IVl^lN 1 OJ-iAlXt.

17-50
10,002
10,583

— JH. HALLENBECK, Chairman.
SILAS STUART,
Essex
C.

Treasurer.
County.
When Due.
When Due.
LOANS—
LOAN S—
Railroad Bonds—
School Bonds— (Con.)—
1901-1909 3^38. g. J&J, $12.000. Julyl,'02-'13
5s, M&N, $90,000....
M&N, 27,500. ...May 1, 1913
5s,
($10,000 due yearly on Nov. 1.)
Sewer Bonds—
1910-1918
5s, M&N, $135,000
5a, M&N, $105,000.... May 1, 1913
($15,000 due yearly on Nov. 1.)

This town

ia

situated in

\

Fire Housb Bonds—

48, J&D, $60,000.... June 1,1905
A&O, $40,000. .Apr.l, 1921 Bonded debt Mar.l, 1901. $601, 000
Tax valuation, real
8,327,200
School bonds
July 1,1901 Tax valuation, personal.l, 191,400
5s, J&J, $1,000

3Lj8, g.

July 1, 1902 Total valuation 1900.... 9,5 18,600
Aug.1.1901 Assessment about '-*b actual value.
1,000
1901-1921 Tax rate (per $1,000) 1900.$30-60
M&N, 24,500
Population in 1890 was.... 8,656
(Part due yearly.)
4s, g., M&S, $33,000, g.. 1901-1911 Population in 1900 was .... 13.962
($3,000 due yearly on Sept. 1.)
INTEREST on the railroad bonds is payable at the office of the
Mutual Benefit Life Insurance Co., Newark, N. J.; on the $150,000 of
sewer bonds at the National Shoe & Leather Bank of New York City;
on all other issues at the Bank of Montclair, Montclair. N. J,
TAX FREE.—All bonds are exempt from taxation.
5s,
5s,
5s,

J&J, 112,000

F&A,

NEPTUNE TOWNSHIP SCHOOL DISNeptune Township, Monmouth
TRICT. —

Co,
Total valuation 1*98. .$2,546,740
Assessment about ^ actul value.
School tax (per $1,000) '00. 12-19
.

1, '01

$92,300
92,300

NEW ARK.— Frederick
Newark

is

situated in Essex County.

LOANS-

Annexation

Interest.

,

NAME OR PURPOSE.

T. Johnson", Compt'r.

—

Rate. Payable.

M&

1886

1901
City Hall bonds
City improvement refunding

3*2

4
1886 4
Citytax
1878 6
Corporate
1880 5
do
Intercepting sewer
1888 4
1897 3-35
School bonds (high)
1898 4
do
do
1899 3^3
do
do
8ewer
1879 6
1*93 4
do
1879 6
Street improvement
do and sewer. 1886 4
do
4
Street opening
1891 4
Tax arrearage
do
1892 4
do
1893 4
1894 4
do
1895 4
do
1896 4
do
1897 4
do
1898 4
do
1897 4
Public Library
Waterdebt
7
.1875
do
.1879
do
.1891
do
1885 4^
do
do
1888 413
...1888 4
do
...1890 4
do
...1884 4
do
...1886 4
do
...1887 4
do
...1892 4
do
...1892 4
do
...1892 4
do
...1893 4
do
...1895 4
do
..1896 4
do
.1897 4
do
1891 4
Market
.

.

8
J&J
M&S
M&S
F&A
J&D
A&O

-Principal,Outstand'g.

When Due
Mch.

1,

1906

$126,000

Jan. 1, 1931 1,000,000
1923 1,500,000
Mch.,
Mch. 1, 1906
158,000

1908
700,000
1910
500,000
Apr. 10, 1908
620,000
1917
200,000
1916
100,000
Dec. 1, 1929
300,000
Mch. 1, 1909
180.000
Mch. 1, 1907
30,000
Mch. 1, 1909
270,000
May 10, 1906
500,000
lOO.Ot'O
1915
1901
34,000
1902
33,000
1903
31,000
1904
53,000
66,000
1905
1906
66,000
1907
86,000
1908
88,000
June 1, 1927
300.000
Aug. 1, 1906
50,000
May 1, 1905
500,000
May 1, 1909
100,000
1911
70,000
N May 1, 1915 215,000
20,000
S Mch. 6, 1918
Dec. 2, 1908
20,000
1910
20,000
May 1, 1914
30,000
May 1, 1916
12,000
Apr. 1, 1917
15,000
1922 2,450,000
Feb. 1,
May 1. 1922 4,000,000
1912
20,000
1913
55,000
1915
40,000
1916
40,000
1927
100,000
1911
335,000
Aug.

June

1,
1,

J&D
M&S
M&S
M&S
M&N

J&J
F&A
M&N

M&N
M&
M&

J&D
J&D
M&N
M&N
A&O
F&A
M&N

INTEREST is payable at office of City Treasurer and at looal banksTAX FREE.—The city's bonds are all exempt from taxation.
TOTAL DEBT, SINKING FUNDS, EtcJan. 1,1900. Jan. 1,1899$14,429,000 $14,113,000
3,345,039
4,295,359
3,857,519

Jan. 1,1901.

Tot. bond, debt (incl. water dbt) $16,474,000

Sinking funds

$12,178,641 $10,571,481 $10,677,961
Net bonded debt
7.757,000
$7,757,000
$9,797,000
Water debt (included above)
1,327,500
1,999,000
1,862,500
Temporary loans (additional)
The sinking fund receives eaoh year an amount equal to about 3 per
oent of the bonds outstanding.
Temporary loan bonds are only issued against suoh assets as unpaid
taxes of the last two years which are not applied to the payment of
tax-arrearage bonds, and unpaid assesments for street paving and
sewer improvements.
DEBT LIMITATION.—The city's debt is limited by law to 15 per
.

.

Floating debt
Total debt May

Feb. 1,1902
$80,000
(Part due yr'ly) to Feb. 1, 1909

5b,

LOANS

Stokes, Treasurer.

Cumberland County.
When Due. Bonded debt, Mar.

.

Trenton.

Bridge Bonds—

in

School bonds, 5s
Bonded debt Jan.

. .

,

is

Situated in

School Bonds— (Con.)
LMPROVEM ENT—
F&A, $25,000. .Aug. 1, 1901 4^8, M&S, $6,000... .8ept. 1. 1908
F&A, 2,000.. ..Aug. 1,1903 4s, F&A, 32,000.Feb. 1. 1911 '31
F&A,
500. ...Aug. 1,1903
($6,000 due in 1911-16-21; $7,000
in 1926-31.)
M&S, 5,000.... Mar. 1,1902

5s,
5s,
5s,
5s,
4s,

This city

LOANS—

Bardsley, Chairman.

County.

in

LOANS—

28-40
28-60
28-90
27-50
26-40
29-40
28-00

MIJ_LVILLE.— Edward H

Population 1890 was
Population in 1900 was

79,978
95,365

oent of the total valuation.

ASSESSED VALUATION.— Property

cent of actual value

is

assessed at about 70 per

:

:

NEW JEBSEY-CITIES MID TOWNS,

1901.

April,

Total

Total

Real
Estate.

Property.

$118,389,435
116.585,525
111,979,904
111,273,650
108,872.790
10H.012.950
88,729,905
65,733,315

$31,716,725
29,072,213
27,798.994
27,275,414
26,130,716
25,587,787
25,265,475
17,631,095

Tears.

1900
1899
1898
1897
1896
1895
1890
1880
*

Less indebtedness sworn

POPULATION.— In

was 181,830;

A sses.ied
Valuation.
$150.10*5.160
145,657.738
139,778,898
138,549,064
133,483,311
*130,085,787
113,995,425
83,364,410

Personal

in

1880

Tax ver
$1,000
$22 40
21-20
21-00

1950
19-60
9-80
18 20

was 246.070;

(U. S. Census),

i»

1890

it

was 136,508

it

T'r.

situated in Middlesex County.

_OANS-

When Due-

Sinkino Fcxd Bonds— (Con.)
M&N. $10 000. .. Nov., 1921
M&N. 201,000.... .May, 1922
M&N. 97,000.
Nov.. 192 2
4 s,
M&N, 110 000.... May, 1923
4s
3^8, M&N. 24.000 ... .July, 1923
3 'as, M&N, 29.000 ... Aug., 1923
M&N. 62,000 ... .Nov., 1923
4s.
3 Lbs, M&N, 20.000 ... Nov., 1924
v. 000 ... .Nov., 1924
3»»s, M&N.
3-s, M&N. 48,000.... .Nov.. 1924
3»28. M&N, 25,000.... .Nov., 1924
3^8. M&N, 5.300 ... .Dec, 1924
3.375
.Feb.. 1925
3Hss M&N.
68, Improvement bonds. .$116. 500

Water Bonds—
M&N, 3.500.. ...Nov., 1900
Sinking fund Bonds—

7s,

4s.
4s,

MAS, $13,000 ...Mar.. 1°02
5s.
MAS, 11,000 . .Sept 1902
6s,
6s.
M&S, 10,000
.Mar., 1903
6s,
190
J&J,
1,500..
6s.
J&J.
2 000
..Jan., 1903
6s.
J&J. 18,000
Jan 1905
6s,
J&J, 75.000
..Jan., 1906
4s.
MAN, 12.000.. -May, 1907
3s,
MAX, 10 000 .. .Nov., 1908
M&-< 40,000.. . Sept. 1917
3s,
4*28 A&O. 95,000 ...Oct., 1919
4i«s MAN, 65 000.. ..Nov., 1920
A%8 M&N. 168,000.. .. Nov. 1921
TAX FREE. —The city's bonds are exempt from taxation.
INTEREST on all bonds payable at the National Bank of New
Jersey, New Brunswick, where principal will be payable at maturity
.

.

.

.

,

.

.

.

.

.

5s,

,

TOTAL DEBT, SINKING FUND, ETCApr. 1,1900. Apr. 1,1899. Apr. 1,1898.
Total municipal debt
$1,244,175 $1,286,400
$1,293,600
Sinklngfunds and cash assets....
225,230
280,974
268,440

$963,201 $1,017,960
53,500
68,500
5,396
30,900

Floating debt (included above)...

$1,068,370
132,500
6,500

CITY PROPERTY.—The

city owns public buildings, steam fire
and water works which cost $493,000. Tne gross earnings from the water-works for 1898 were $61,676, including rental
of Are hydrants; the construction and expense account was $17,400.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows

engines,

etc.,

:

Real

Personal

Estate.

Property.

Rate of Tax
Valuation.
per $1,000.
$2,0H4,785
1900.
$8,017,191
2300
$10,081,976
25-6(>
1899
8,032,911
1,988,020
10,020,931
24-00
1898
8.319,286
1,981,956
10,301,241
1897
8,574,176
2.042,375
10,616.551
2600
1895
8,120,000
2,105,000
10,225.000
2600
1890
7,900,000
2460
2,150,000
10,050,000
41-40
1886
4,062,455
1,325,850
5,388,305
1880
35-81
4,173,000
1.243.000
5.416.000
POPULATION.— Population in 1900 was 20.006: in 1890 it was
18,603; in 1880 17,166; in 1870 it was 15,058.
Tear.

HENRY

ORANGE.

!

DANIEL

DUGAN,
None

Orange is situated in Essex County.
retired before maturity.

LOANS—

When Due,

School House Bonds
5s,
5e,
5s,

M&N.

$1,800

J&D,
J&D,

Total Assessed

STETSON, Mavor.
A.

City Clerk.
of the city's bonds can be

,000
5,000
4*28
1901 to 1907
35,000
($5,000 due yearly on Nov. .)
4^8, J&J, $60,000. ..1913 to 1918
($10,000 yearly on July 1.)
)

Sewer Bonds—

Sewer Bonds— (Con.)—
J&J, $50,000
Jan. 1, 1923
($5,000 due y'rly) to Jan. 1, 1932
4i«8
,$125,000... 1915 to 1921
150,000. ..1904 to 1914
4^8,
4s, J&D,
50,( 00... June 1, 1919
0,000 due y'rly)to June 1,1922
Sewer Assessment Bonds J&D, *1,000
June, 1901
4s.
($1

,

>

M&N,

TOTAL DEBT. EtcMay

16, '98

May

I, '97.

$1,515,200

$1,571,000

349,038

128,759

Net debt
$1,166,858 $1,178,459 $1,166,162 $1,442,241
Water debt (included
above)
344.000
$344,000
$344,000
$344,000
Floating debt
29,900
20,000
The sinking fund receives yearly about $18,000, raised by taxation
and last year (1899-1900) received $47.31-) from tax and assessment,
arrears collections.
The available assets consist of unpaid taxes
($142,575). assessments in arrears ($83,676), and cash in treasury
($7,938) and sinking fund of $198,333.
CITY PROPERTY is valued at $2,986,741.
ASSESSED VALUATION.—The city's assessed valuation (about
one-half of the cash value) and tax rate for a series of years have been
as follows

Indebtedness Total Assessed Tax Rat*
Property, to be deducted. Vaiuatioyi. per$l,000

Personal

Real Estate.
$9,210,200 $1,126,988
$27-60
$84,950 $10,252,238
9,132,483
963,838
88,482
10,0(17,839
27-60
8,967,540
976,179
76.385
9,943,719
8,816,810
2500
1,020,637
9,750,' 00
87,447
•28-80
7,630,600
907,800
112,500
8,425,000
5,950,000
782,000
27 00
137,920
6,732,000
27-40
4,917,300
732,700
92,050
5.650,000
3.919.700
529.100
21 00
4,448,800
POPULATION— Population In 1900 was 24,141; In 1890 it was

1900
1899
1898
1897
1895
1890
1887
1880

it

was

13,207; In 1870

1

1919

in

it

1916 and 1917.)

Sewer Bonds—

School House Bonds—

Total tax (per$l,000) 1901. $29-00
Population in 1890 was
13,028
Population in 1900 (Census)27,777

INTEREST is payable at Passaic National Bank, Passaic, N. J. exoept tbe landing b >nds, which is payable at U. S. Moru & Tr. Co.,
N. Y. City.
,

GEORGE

PASSAIC CO.
County seat

is

was

9.319.

W. BOTBYL, Clerk.
SHIELDS, Collector.

P. H.

Paterson.

LOANS-

5s,
5s,
5s,
5s.

AvO,

5s,
5s,

Rebuilding Bridge Bonds—
M&S, $24,000
1905
1906
5s,M&S. 40,000

When Due.

Bridge Bonds—

5s,

M&N, $25,000

$13,000...
.Oct. 1,1905
33.000...
1904
12.000..
Feb. 1. ]904
104,000.. .Feb., 1912 "13

J&J,

Interest is payable in Patersen.
Total debt June 1, 1900 $4 82,000
Tax valuation, real
56,088,970
Tax valuation, pers'l.. .10,263,824
Total valuation 1900.... 66,352,794
Assessment about ^ actual value.
Population in 1890 was ...105,046
Population in 1 900 was ... 1 55,202

F&A,
F&A.
Road Bonds—
J&J,

1901
..1901

20,000.

Court House Bonds—
4s,
4s,
4s,

J&J. $100.000... Jan.

1, '02-*03

F&A, 100,000.. Feb. l,'08-'09
F&A, $100,000. Feb., 1910&11

PATERSON.— James Parker
This city

LOANS—

City Hall

M&N,

Bonds—

LOANS-

When Due.

J&D, 16,000
M&S. 30,000
,

18,000

J&J, 50,000

..

1902
1902
1902
1913
June 30,1920

School Bonds—
7s, J&D, $20,000 ....1901

1

1904
1907
Aug. 1, 1908
Oct. 1,1910
Oct. 1, 1911

5s, J&J, 50,000
5s, F&A, 50,000
4*28,
^S^'OO
4»«s, A&O, 25,000
4s,
A&O.50.000

A&O

to

4138,....,
4s,
4s, J&D,

1913-15

48
4e,

1.)

,$15,000
4s
50,000
4s, J&D. 100.000
June
Street Impt. Bonds
4s
$97,000
July
4s,
150,000
4s, M&S. 150.000 .. ..Mar.
4s, M&S, 150,000
Mar.

—

,

J&D,

1917
1908
Dec. 1,1909
1910

59.000
20,000
22,000
38,000
30,000

Dec. 1,19,10

Sewer Appropriations—

1918
1919

4s, J&D. $65,500
4*28. J&D, 36,000
67,000
5s, J&D,

1, 1 908

58.M&N, 14,000

,

,

1901

F&A, 60,000....1903tol904
1905
J&D, 20,000
1963
M&S, 14,500
A&O, 9,500
J&D. 23,000
904
4^8, J&D, 47,000
1906
4128, J&D, 58.000
1906
4*28, J&D, 42,000
1907
5s, J&D,
41,000
4s, J&D, 100,000
1908 to 1916
1909 to 1911
48, J&D, 32,400
1913
4s, J&D, 34,500
1914
4s. J&D, 85.000
6s,
6s.
6s,
5s,
4s,

Sewer Bonds—
J&D, $3,000

When Due,

RENEWAL Bonds—
6s, M&N, $30,000

$115,000. .May,'97-1907
5s,
part yearly
5s, A&O,
155,000
4*28, M&N.120.000
J&J, 100,000
4s,
4s,
... ,
1908
30,000
6s,
5s,
5s,
4s,
4s.

Comptroller

in Passaic County.

is

1,

,

1,
1,

1900 to 1905
1909

Park Bonds—
A&O, $125,000... 1908

1"09
1910

4s,
4s,
5s,

1911

J&D,
J&D,

to 1921

1921
1901
1911

20,000
15,000
15.000

58.J&D,
the bonds are for $500 each.

PAR VALUE OF BONDS— Most of
INTEREST is payable at the City

Treasurer's

office.

Mar.

20,'99.

TOTAL DEBTFfb. 1, '01. Jan. 17,'00.

Total bonded debt.... $3,204, 500
Bills payable, certificates,

&o

Mar.

20.'98.

$2,927,500 $2,713,000 $2,548,000

580/92

597,388

623,898

$3,785,192

Totaldebt

343,428
$3,270,928

$3,310,388

$3,171,898

FREEDOM FROM TAXATION— The city taxes none of its bonds.
ASSESSED VALUATION—The city's assessed valuation (about

and tax rate have been as follows
Rate of Tax
Personal
Total

three-fourths of the cash value)

Real

Assessed Val. per $1,000.
$J8,678, 9 55
$
24-60
39,704,725
47,563,092
7,858,367
25-00
37,934,677
45,380,638
7,445.959
37,223,438
2500
44,431.419
7,207,981
36.320,148
25 00
7.243,536
43,563,684
25-00
33,383,259
40,220,352
6,837,093
2500
23,981.681
4,947,009
28,928,690
2110
16,348,608
19,893,125
3,544,517
POPULATION—In 1900 (U. S Census) was 105.171; in 1890 it was
78,347; in 1880 it war 51,031; in 1870 it was 33,579.
Tears.

1.1900. May 1, '99.
Total municipal debt. $1,595,600 $1,562,900
Sinking funds and
other assets
428,742
384,441

May

18.844; in 1880

Aug.

12.000... May.1913'24

5s, J&J, $12,000
1901 to 1906
4^28, J&D, 35,000....1913tol917
($7,000 yearly on Dec. 1

.

Tears.

,

1901-1914
14,000
Nov., '16-17
11,500
1918
1919-20
24.000.Nov., 1901'24
—
1906
StruetImp. Bonds
7,500
1913-1917
.....
25,000.... 1902 to 1911 412s,
$50,000
($2,500 yearly on Mar. 1.)
($5,000 yearly to July 1, 1913, and
J&D, 5,000
Sept. 1,1904
1914, $10,000 in 1915, $15,000

J&D, 48,O0O..June, 1902-'09

«8,

1912
1901-1915
1901-1914

$9,000
15,000
4i<jS
42.000
4*28,J&D, 22,000
3^8,
38,000,
5s,

5s

.....
.....
.....

4s

Tax Arrears—
$57,000.1929 to 1933
J&D,
5,000. June 1, 1922 5s. J&D. $23,' 00
June, 1901
J&D, 250,000. June 1, 1923 4i*s, A&O, 6 Oro..Apr.. 1901'06
($25,000 due vly) to June 1, 1932 4>«8, A&O, 32,00i
Apr.. 1906
5s, J&J, $30,000
Jan. 1,1904 413s, M&S, 36,' Oo. .Mar., 1901 '08
($5,000 due y'rly) to Jan. 1, 1909 413s, A&O, 70.000 Apr.. 1901 '10
5s. J&J, $16,000... Jan. 1,1910-11
STREET A8SK8S. ARREARS—
5s, J&J, 20,000... Jan. 1,1913-14 5e,
J&D. $15.< 00
.June. 1°01
5s. J&J, 60,000
Jan. 1, 1915 4*28, A&O. 10.800.. Apr., 1901-'08
($15,000due y'rly) to Jan. 1, 1918 4k8, M&S.
4,O0O..Mar.,190l-'O8
5s, J&J, $80,000
Jan. 1,1919
Water Bonds—
due y'rly) to Jan. 1, 1922 58. A&O, 344.000
($20,000
Oct. 1.1912
INTEREST is payable at the United States National Bank, N. Y., or
at the Orange National Bank or 8econd National bank of Orange.
6s,
5s,
5s.

$19,000.. June 1, '01 '19
23, 500.. Jan. 2, 1902

J&J,

($25,000 on April

5s.

Nov., 1903
Deo. 1, 1902
Dec. 1, 1903

J&D,

,

,

Net debt
Water debt, included above

When DueLOANS—
School House Bonds— (Con.)—

When Due.

Bonds—

1901-02
Public Improvements5s
,$^0,000
1901-1912
SB
Tax Bonds—
$60.000
Public Park Bonds—
..8
$36 200
1905 To'tal'debt Jan. 1,1901.7 $859,386
5s, J&J, $33,000
($3,000 due yearly) to 1915 Sinking fund and cash... 135,459
Funding Bonds—
Netdebt Jan. 1, 1901.... 723,927
3i«8, F&A, $60,»0O.Aug 1901'20 Total valuation 1901.... 9,700 925
Assessment is Bg actual value.
3Vs, F&A. 40,000 Aug., 1921-'30

.

.

.

5s,
5s,
5a,
5s,
5s,
4*28,
5s,

Tindall, Clerk.

same name.

.

LOANS-

When Due.

in the county of the

is

LOANS—

City

58,

Mayor.

B.

J.

is

This city

4128.F&A, 7,500....

NEW BRUNSWICK.— )f WILLIAMSON,
KIRKPATRICK.
This city

PASSAIC— Richard B.

oft.

1900

63

Estate.

1900
1899
1898
1897
1896
1895
1890
1880

$

.

Properly.

$

...

:.

PERTH AMBOY.This oity

is

5
I

JAMES L. COMPTON, Mayor.
GARRET BBODHEAD Treas.

in Middlesex County.

LOANS-

STRbET AND SEWER BOND8—

4^8
$10,100
School Bonds
4s, g., M&S, $25,000.. Sept.

I

Water bonds
School bonds
Assessment bonds.. .
Tax arrearage bonds...
Miscellaneous bonds. ...
Bond, debt Mar. 1,1901.
.

$307,000
89.000
96,4/)0

40.0w

51,600
1918
584,000
4s
10,000..March, 1919
2< ,001
36,000.. Oct.,
1915 Floatlngdebt
18,000,.July,
1917 TotaldebtMar.1,1901.. 604,000
Tax Arrearage Bonds
62,461
Sinking fund and cash...
3,941,485
4s, F&A, $40.0O<»
Aug. 1,1909 Tax valuation, real
Refunding Water B' nds—
Tax valuation, personal. 303,400
4i«8, $17,000
Jan., 1929 Total valuation 1900. ...4,244,885
Water Bonds—
Total tax (per $1,000) 1900.. $24 90
9,512
$250,000.. Sept., 1922 Population in 1890 was
17,699
...,
25,000. .Jan., 1917 Population in 19*0 was
12,000. .Julv, 1916
3,0u0. Sept., 1908
1,

,

—

—

—

state fm® city suf fizwtm,

64

PHILLIPSBURG.— Rowland
County.
This town

is

Firth, Mayor.

Warren

in

Total valuation 1900... $3, 921, 120
Street and Sewer Bonds—
Oot. 3, 1917 Assessment about % actual value.
4s, A&O, $60,000
1906 & 1914 Tax rate (per $1,000) 1900. $18-10
9,500
4s, A&O,
8,644
Total debt Aug 1, 1900 $168,000 Population in 1890 was
10,052
Tax valuation, real.... 2,991,900 Population in 1900 was

Tax valuation, personal

829,220

PLAINFIELD.— W.
This city is in

F Arnold,

Treasurer.

Union County.

$112,000 Assessment about ^ actual value.
15,000 Total tax (per $1,000) 1900.$24-60
Floating debt
11.267
127,000 Population in 1890 was
Total debt Jan. 1, 1901
15,369
Total valuation 1900.... 8,329,000 Population in 1900 was

Sewer 48,1901-1927

.

RAHWAY. —

}r. VANDERHOVEN, Treasurer.
This city, of Union County, was declared bankrupt in 1882, and a compromise of the debt exclusive of the water debt ($135,000) was forthwith agreed to with most of the leading creditors at 35 cents on the
dollar, the debt, exclusive of water debt, then amounting to about
$1,200,000. This settlement was completed in 1894, and interest is
now paid promptly on the new bonds. The water bonds were renewed
in 1891 at 4 per cent, an agreement having been made in 1890 by which
all accrued interest at 7 per cent was adjusted at the 35 per cent rate.
Interest on the water bonds is also promptly paid.
When Due. Floating debt (addlt'al)
$7,000
LOANS—
Total debt Mar. 1, 1901
812,843
Adjustment Bonds 1882
15,758
4s, M&N, $585,843... Nov. 1, 1922 Sinking fund
Assessed valuation
2,887,650
Subject to call at any time.
380,250
Assessed valuation
School Bonds—
3,267,900
4^8, J&J, $35,000... Mar. 1,1918 Total valuation 1900.
Total tax (per $1,000) 1900.$28-00
Water Bonds Renewed
7,105
July 1, 1932 Population in 1890 was
4s, J&J, $185,000.
7,935
Bonded debt Mar. 1,1901. $620,843 Population in 1900 was
185,000
Water debt (additional)
Interest payable at Mercantile Trust Co., New York City.
All bonds are exempt from taxation when held in New Jersey.
. .

|

RED BANK.—E.
Monmouth
town
This

is

0. Davis, Chief Commissioner.

County.
Whin Due. Assessed valuat'n '99.. $2, 886,676

in

LOANS—

Water- Works Bonds—

Tax

500

rate (per M.) '99

1914 Population in 1890 was
4,145
1919 Population in 1900 was
5,428
School District Bonds —
..Oct. 1, 1930
4s,
(Subject to call after Oct. 1, 1920.) 4s, F&A, $60,000.... Aug. 1906-'35
Bonded debt Feb. 1,1901.. $95,000
5s,
4e,

$60.000
25,000
A&O, 10,000
,

RIDGEFIELD PARK.—J.
This village

in

is

Tax

LOANS-

EDWARD

TURNER, Mayor

ROBERT LEEDS,

Clerk.

J&J, $83,500.. .Jan.

1,

J&J, $75,000.July

1916

1900... $3, 812,096
^ actual value.
Total tax (per $1,000) 1900.$18-

1922

Population in 1 890 was
Population in 1900

1,

—

1901. $171, 475

2,293
4,411
G. R. Alyea, CI.

School, District
48, J&D, $49, 570.... June 20,

Sinking fund
School bonds (addit'nal)

14,094
1930
49,570 Bonded debt July 1, 1900. $62,545
Tax valuation, real
3,571,821 Assessed valuation 1900.3,774,495
Tax valuation, personal. 240,275
INTEREST on funding bonds is payable at Rutherford Nat. Bank;
on road and sewer bonds at Nat Bank of the Republic, N.Y.

w J- LOGAN, Director.
cr»Ayn7DCTTT pn — \E.B. ALLEN, Collector.
&VJ1V1 J^irt^t. 1 OO.
5

County seat

When Due. Tax valuation, person'l.$5, 249,462

Countv Notes.
4b,

var

-

Somerville.

is

LOANS—

Total valuation 1900... 18,718,061
County and school tax '99
$6-00
Population in 1900 was
32,948
Population in 1890 was
28,311

On demand

$80,620

Total debt Sept. 1,1900
$80,620
Tax valuation, real
16,447,239

INTEREST

payable at County Collector's

office.

SOUTH AM BOY.—Joseph
borough
Middlesex County.
Tnis

is

F.

Fulton, Clerk.

in

When Due. Net debt Feb., 1900
$46,581
LOANS—
Water-works Bonds—
School Dist. debt (add'l).
10,190
I

|

1901-1911

Assessed valua'n, 1900 .1,344,300
Assessm't about 75% actual value.
5s, .....$23,0"0.Oct. 1, 1901-1923 Tax rate (per $1,000), 1899.$17*40
Bonded debt Feb., 1900 .. $50,000 Population 1S90
.4,330
SinkiDg fund
3,419 Population 1900 was
6,349

,$22,000

5b

Dock Bonds—

I

i

I

!

SOUTH ORANGE. — jjohnr. we.
Essex
This village

County.

is in

LOANS—

Refunding Bonds—
4s, g.,

When Due. Tax
Tax

J&J, $51,000

.Jan. 1,
(Subject to call 1920.)

valuation, real
$3,231,000
valuation, personal, a 59,000
Total valuation 1900
3,590,000
Village tax (per M.), 1900... .$920

1930

Sewer Bonds—

Population in 1890 was
Population in 1900 was

F&A, $25,000.... Aug. 1,1922
Bonded debt Mar.l, 1901 .$76,000
Principal and interest of bonds are payable
5b,

3,106
4,608

.

SUMMIT.
This city

is in

LOANS—

C.

DAY,

WlienDue.

$6,000. .Jan.
to Jan.

($1,500 due yearly)

Bbweb Bonds—

1,

Clerk

1,

Floating debt (additional)

$6,200

Tax valuation, real
2,155,850
1902 Tax valuation, personal
265,630
1905 Tax valuation 1900
2,421,480
Tax rate (per $1,000) 1900. $28-40

semi an. ,$30,000.. Jan. 1, 1902 Average school tax
($10,000duey'rly) to Jan. 1, 1904 Population in 1890 was
Interest payable at Summit.
Population in 1900 was
Bonded debtJuly 1,1900. $47,500

Bb,

I

2-60
3,502
5,302

1

TRENTON.— W.
Trenton

J. B. Stokes, Treasurer.
Mercer County. The sinking funds are well maintained
and the water works are much more than self supporting.
is

in

—

Interest.

-Principal.-

When Due.

Payable.

Outstand'g,

1904
City Hall Improv't..l897 4
1907
Contingent bond
1897 4
Nov. 22, 1907
do
do
..1899 4
1909
t0 09
Coupon bonds
F & A I ApS- 1 1901 y'rly.) I
1895 4
* *
I ($7,900 due
$
Fire Department
1892 4
1912
do
do
1898 4
A & O
1908
Funding
1881 4
July 1, 1911
do
1885 4
May 1, 1905
do
1898 3*
1908
Library bonds
1901 3*»
Jan. 1, 1931
Park improvement. 1891 5
Dec. 1, 1916
do
do
...1888 4
June 15,1913
do
do
...1891 4,
May 1, 1916
do
do
...1892 4
July 1, 1917
do
do
...1893 4
1918
P'vem.,So.WarrenSt.l899 3**
Aug. 21, 1929
Pavem. Clinton Ave. 1896 4
1906
do
do
...1898 4
1928
Police Department.. 1890 4
Dec. 15,1910
do
do
..1895 4
1905
Poor emergency
1892 4
Feb. 15, 1902
Poor, alms h.&print'g.'95 4
1905
Poor bonds
1897 4
1907
do
Feb. 28, 1901
1899 31*
School house..:
1891 5
Aug. 1, 1901
do
do
Dec. 15, 1900
1890 4
do
do
1891 4
Feb. 16, 1911
do
do
May 15, 1913
1893 4
do
do
1892 4
Oct. 1, 1917
do
do
1893 4
Jan. 16, 1918
do
do
1914
1894 4
do
do
1896 4
1916
do
do
1897 4
1917
do
do
1897 4
Jan., 1918
do
do
1929
1899 31*
do
1930
do
1900 3««
Speoial sohool-h. loan. 1888 4
July 1, 1908
do
do
1888 4
A & O Oct. 1, 1908
do
Sewer bonds
Dec. 1, 1901
1891 5
do
Aug. 1,1902
.1892 4
do
Sept. 1, 1902
.1892 4
do
Jan. 14, 1903
.1893 4
Aug. 1, 1903
do
.1893 4
1904
do
.1894 4
do
1905
.1895 4
1906
do
.1896 4
1907
do
.1897 4
Sewer Commission'rs.1897 4
1907
1908
do
do
1898 4
&
Volunteers, 1864
& t. < June 16, 1901 -'03
6
"I $5,000 yearly. ]
Refunding Bonds, ...1897
Apr. 16, 1907
do
do
...1897Aug.13, 1907
do
do
...1897
Nov. 10, 1907
do
do
1908
...1898
do
do
...1898 4
M & S Sept. 5. 1908
do
do
...1899 313
1909
Sept. 11, 1909
do
do
...1899 3** M & S
do
Feb. 24, 1910
do
...1900 3*

F&A

«

J&J
M&N
J&J
J&D

. .

F&A
J&J

,

F&A

J&J

F&A
F&A
Chambersburg Bonds, Assumed
Parks,1888
Apr.
5
A&O 1898.
Subject
in

$1,700
2,000
2,000
:,000

71 TOO
71,100
45,000
2,880
170,000
130,000
50.000
50,000
5,000
69,000
25,000
5,000
27,000
15,500
4,000
6,160
18,000
6,000
3,200
5,700
2,000

1,500
14,000
6,000
22,000
18,000
9,000
6,000
18.000
21,000
8,000
14,500
25,000
100,000
12,000
8,000
22.600
28,000
26,000
39,000
45,000
101,000
240.800
158,400
51,600
17,100
1,800
10,000
26,500
29,000
8,200
45,000
72,000
50,900
52,000
43,100

1913

13,000

Redemption, etc... 1885-6 5
Semi-an.
1905 & 1906
Subject to oall after 10 years.

36,000

20,

to call

Wilbur Bonds, Assumed:
1893 5
1899 5
1893 5
1895 5

School

do

Improvement
do

A&

1901-1914
1900-1913
1913
1915

M&8

J&J
F&A

Loans Payable by Special Assessment
Assessed upon city1901
Street improvement. 1891 5
do
..1893 5
do
1903
do
..1892 4
do
Aug. 1, 1902
do
..1894 4
do
1904
do
..1895 4
do
1905
do
1896 4
1906
do
..1897 4
do
do
1907
do
..1898 4
do
1908
Assessed upon property benefited—
1893 5
Pavement
Nov. 15, 1903
.1891 4-5
1901
do
.1892 4
Aug. 1, 1902
do
.1894 4
)904
do
.1895 4
1905
do
.1896 4
1906
do
.1897 4
1907
do
.189a 4
1908
do

14,000
11,000
15,000
15,000

:

M &N

5,421
7.185
2,483
3,801
12,625
4,196
21,395
29,418

M&N

22,815
46,504
15,517
19,898
27,875
29,504
96,955
5,567

.

.

Water Loans Reported Separately
1893 4
1897 4
do
1>>98 4
do
1896 4
do
Chambersburg water, 1885 5
do
1886 5
do
do
1886 5
do
do
1887 5
do

City water

:

May 15, 1913

J&J
J&J

Jan.
Jan.

1,
1,

1917
1927

1906
1905

F&A
J&J
J&J

Feb. 5, 1906
July 1, 1906
1907

75,000
175,000
175,000
45,000
11,000
5,000
7,000
20,000

INTEREST is payable at Treasurer's office in Trenton.

TOTAL DEBT,

Etc.—
Mar.

1, 1900.
Total bonded debt.... $2,966,566
1,167,919
Sinking funds

Mar.

1,'99.

$3,001,165
1,028,555

.afar. 1, '98.

Mar.

1,'97.

$2,730,950 $2,422,700
886,506
518,192

$1,798,647 $1,972,610 $1,844,444 $1,904,507
Net debt
Water debt ino. above $515,500
$795,504
$343,500
$343,500
The total value of property owned by the city
CITY PROPERTY.—
is estimated at $2,967,200, including water works, $2,000,000.

Union County.

School Bonds—
5s, semi-an.,

DANIEL

-

Rate.
NAME AND PURPOSE.
Alms House
1894 4

LXXII

in gold.

GEO. WILCOX, Mayor.

.

LOANS-

Vol.

:

Assessment about

Road and Sewer Bonds—
1,

J.

$21 00

When Due. Total valuation

Fcnding Bonds—

Bonded debt Apr.

rate (per M) 1899

bonds are exempt from taxation

Bergen County.

4*28, g..

Huey, Clerk

Total debt July 1, 1900 ...$64,000
Assessed valuation '99. .1,038,615
Assessment ** to % actual value.

RUTHERFORD.The
4s, g.,

E.

Bergen County.

WA«n Due.
LOANS—
4i«B,J&J,$57,000.Jlyl,1902to'20
Bonded debt July 1, 1900..$57,000
7,000
Floating debt

Ib in

)

*

ASSESSED VALUATION.— Property

assessed "at about one-half

actual value."
Ileal

Tears.

Personal

Estate.

Property.

1899... $25,421,305
25,321,405
1898...
23,992,680
1897...
23,646,407
1896...
22,940,786
1895...
20,199,162
1890...

POPULATION.— In

57,458; in 1880

it

$6,684,498
6,271,361
6,227,132
6,500,000
5,496,217
6,981,643

1900

Deductions.
$1,403,768
1,321.551
1,360.142
1,449,692

1,484,959

(U. S. Census)

was 29,910.

Rate of Tax
Net
Valuation. per$l,000.
$30,702,035 $21-50
21-50
30,271,215
28.859,670
2150
28,096,715
2000
28,437,003
25,695,846

was 73,307; inl8901twas

—
UNION. —This town

Tax

is in Hudson County.
Town Hall Construction—
When Due.

LOANS—

School House Bonds—
1902-1915

$43,000

Sewer Bonds—

Jan. 1, 1902
$35,000
($5,000 due y'rly) to Jan. 1, 1908
Jan. 1,1913
5s,
$15,000
Jan. 1,1902
5s,J&J, 130,000
X$10,000due yearly) to Jan. 1, 1914

/~./'-\

OCJ.

County seat

is

July 1, 1901
5s
$16,000
($2,000 due y'rly) to July 1, 1908
Bonded debt Mar., 1900 $291,000
Floating debt
43,288
Total debt Mar., 1900..
334,288
Total valuation 1900. . . .4,223,200
Tax rate (per $1,000) 1899. $2450
.

5s,

ttmtoxt
UJNIOJN

—

. .

Population 1890 was
Population 1900 was

10,643
15,187

HUBBARD, Director.
WOOD, Collector.

<

J. F.

\

E. M.

Elizabeth.

When Due.

LOANS—

Interest payable at Elizabeth.

Total debt May 8, 1900. $450,000
Deficiency Bonds (freshet)—
35,614,435
1901 to 1907 Tax valuation, real
6s, J&J, $42,000

Tax

Koad Bonds—

4s,

valuation, person'l. 5,621,255
Total valuation 1900... 41,235,690
Assessment about 35 actual value.
County tax (per$l,000) 1900.$4-84

J&J, $350.000.... 1901 to 1910

Subject to call after ten years.

War Bonds—

1907 to 1909 Population in 1590 was
$26,000
Sheridan House Pur. bds.. $28,000 Population in 1900 was
All bonds issued by this county are exempt from taxation.

72,467
99,353

WEEHAWKEN.-Thomas Carroll,
This township

is

in

LOANS....,$15,000

4s,

Clerk.
Hudson County. (P. O. Station 1, Hoboken.)
When Due. Population in 1890 was
1,943
May, 19L4 Population in 1900 was
5,325

Road and Sewer Bonds—

School Dist. Binds, C. Roehr.Clk.
1920
4s,
,$18.000
semi-an., $25,000
4s,
1904
4»«8, semi-an., 20,000
1911

1905

$29,000

5s, semi-an.,

Sewer Notes—

,$9,762
Bonded debt Sept., 1900.
6s,

$53,762

1904

15,000

,

M&S, $45,000. Mar.l, 1916-30
4s, M*S.
25,000. .Mar. 1. 1931

Tax valuation, real
3,500,800
Tax valuation, personal. 120,500

4s.

Total valuation 1900.. ..3,621,300
Tax rate (per $1,000) 1900. $17-40

Bond, debt Mar.

WESTFIELD.— Chas
This town

is

in

1901.. $76,000
Assessed valuation, real.1,613,350
Ass'd valuation, pers'l.. 114,650

Nov., 1910
Nov.. 1920

5s,... ,$15,000

10,000

July 1, 1927
(Optional after July 1, 1917.)
4i«8, J&J. $21,000... 1901 to 1907
($3,000 yearly on July 1.)

J&J, $30,000

W

X\TT?<2.T TJr^TSr^LTTT'rvT
.C-O i rlLJX3LJ-tVrL.JN
is

1,

Total valuation 1900. ...1.728.000
Tax rate (per $1,000) 1900. $25-60
Population 1900
4,328
Population 1890
2,739

Sewer Bonds—

This town

1901. .$148,000

D. Reese, Clerk.

When Due. Bond, debt Mar.

School Bonds—

4s,

1,

Union County.

LOANS—

5s,

65

ffcNNSYtVAfllA— DEBT OF 8TATE.

April, 1901.

5b

,

.

—

5

>

F. A.

SCHWARTZ, Treasurer.

JOHN

P.

McMAHON,

Clerk.

Hudson County.
Redemption Bonds— (Con.)—
When Due.

situated in

LOANS—

School Building & Sites—

5s,

J&J,

$30,000

Jan.

1,

1902

Street Improvem't Bonds—
J&J, $24,000. .July 1.
Jan. 1, 1910
J&J, 23,000. .July 1, 1901-'10 4s, J&J, $75,000
Assessm't & Renewal Bonds—
($?,500 due yearly.)
$21,000
Jan. 1, 1905
4b, M&S, $45.<'00..Mar. 1, 1902 to 6s,
July 1,1910
27,000
($1,500 due yearly) Mar. 1, 1931 6s
Redemption Bonds—
6s,
9,000
Jan. 1,1911
Nov. 1, 1904 6s
July 1,1911
7,000
6b, M&N, $50,000
Jan. 1,1906 4*28, J&J, 1,200
5s, J&J,
25,000
July 1.1903
Jan. 1,1908
4 128,J&J, 24,750
INTEREST is payable at the First National Bank of Hoboken and
Hudson Trust & Savings Institution.
TOTAL DEBT, Etc.—The total bonded debt on Apr. 1, 1900,
1901'08

5s,
58,

was $411,950;

floating debt, $36,740; total debt, $448,690.
in 1900 of real estate was $5,629,700;
ASSESSED
of personal property, $656,750 ; total, $6,286,450; total tax rate (per

VALUATION

Total
Debt.

Place.

Beach Haven (Boro.),Ocean Co. 16,000
Belmar(Boro.),Monmoutn Co. 131.500
Bordent'wn (City),Burl'gt'nCo. 26,650
Bordent'n (Townsh.).Burl. Co.
Bound Br'k(Bor.),Somers't Co.
Bradley Beach (Bor.).Mon. Co.

11,100
21,875
29,500
30,000
Brigantine. Atlantic Co
Camden County
46,000
Carlstadt (Boro.) Bergen Co.. 40,500
Chatham (Boro'gh), Morris Co. 46,000
Chester (Twp.), Burlington Co. 40,000
Cranford (Twp.), Union Co.... 123,000
Deckertown (Bor.), Sussex Co. 59,000
Delford (Boro ), Bergen Co
19,000
East Newark (Bor.).Hudson Co 103,000
E.Rutherford (Bor.), Bergen Co 37,605
16.250
Ewing (Twp.), Mercer Co
Franklin (Twp.), Bergen Co... 75.000
Freehold, Monmouth Co
70,350
Freehold (Tp.), Monmouth Co
15.000
Garfield (Bor.), Bergen Co.... 33,619
Hackettstown, Warren Co
15,000
Hammonton (T'n), Atlantic Co. 17,000
Hasbr'k Heights (B.), Bere. Co. 47,859
Hawthorne (Bor.). Passaic Co. 19,000
HighBdge.(Bo.),HunterdonCo. 15,000
Hightstown (Bor.). Mercer Co.. 22,5oO
Holly B'ch( Bor.), Cape May Co. 33,600
Irvington (Town), Essex Co... 63,855
Jackson (Twp.), Ocean Co
65,277
Keyport (Town), Monmc'th Co. 66,500
Lakewood (Twp.), Ocean Co... 12,000
Lodi(Boro.), Bergen Co
32,505
Matawan (Twp.), Monmo'thCo. 14,000
Maywood (Boro.), Bergen Co.. 19,600
Merchantville(Bor.),Camd.Co. 43,000
Midl'nd Park (Bor.).Bergen Co. 20,500
MiUburn (Twp.), Essex Co
50,000
Monmouth Co
243,650
Morris County
400,000
Mt.Arlington (Bor.), Morris Co. 23,500
Neptune (Town), Monm'th Co 46,000
Newton (Town), Sussex Co
129,000
Northampton (Tp.),Burling.Co. 29,750
N. Barbadoes(Tp.), Bergen Co. 193,657
No. Bergen (Twp.) Hudson Co. 32,260
No. Plainfleld School District.. 46,500
No.Plainfleld ( 8.), Somerset Co. 15,000
No.8pringLake(Bo ),Monm.Co. 35,528
Ocean City, Cape May Co
86,279
Orvil (Twp.), Bergen Co
24,500
Palmyra (Tp.), Burlington Co. 44,634
Princeton (Bor'gh), Mercer Co. 30,734
Princeton School District
30,200
Raritan (Town), Somerset Co. 11,769
Ridgewood (Twp.), Bergen Co. 25,000
Rookaway (Boro.), Morris Co.. 25,000
Roselle (Boro.), Union Co
24,900
Saddle River, Bergen Co
85,000
Salem (City), Salem Co
66,500
Sea Isle City (B.), Cape May Co. 45,574
Somerville (T'n), Somerset Co. 11,300
Spri'g Lake (Bor.), Monm'th Co 88,000
Union (Twp.), Bergen Co
42,500
Vailsburg (Boro.), Essex Co.
50,946
Vallsburg 8chool District
4 .000
Wallington (Bor.), Bergen Co. 65,000
Warren County
15,500

$314,475

(T'n).

HudsonCo.

17,°»o0

Westwood (Bor.), Bergen Co.. 10,000
Wildwood (Bor.), Cape May Co. 19,270
Wooibr'ee (Tp.),MiddlesexCo. 22,^00
Woodstown (Boro.), Salem Co. 39,000

$18 10

1,233,350
2,506,043
1,523.934
1,216,695

2400
10 50

1840
1900

239
902
4,110
486
2,622

32-20
982
33 20
99
7 40 107,643
22 00
2,574
22 70
1,361
20 00
4,420

456,600
254,100
38,426,305
683,867
620,500
2,776,466
1,378,375
687,297
662,790
1,927,000

2760
15 00
15-15
17-10

2660

1,290,785
887,736
875,275
2,559,377
4,20*,487

15-00

747,979

30 00

13 50

500
11-69

1400

1,318,536
956,145
849,750
592.724
635,487
997,641
205,857
1,901,730
267,660
1,361,506
3,242,175
527,345

17-80
21-40
18-80

1500
17 40
37 50
21-80
16-00
19-04
17-42

2400
1556

424,260
339,370
713,360
324,013
1,596,450
48,761,719
27,791,202
410,185
2,302,425

2,854
1,306

746
2,500
2,640
1,333
2,139
2,934
2,234
3,504
2,474
3,481
1,255
2,096
1,377
1,749

569
5,255
1,595
3,413
3,094
1,917
1,310

19-30

536

27 00

1,608
1,348
2,837
82,057
65,156

22-50

2010
8-96
9 90
20-00

29*10
18 50

2,750,845
2,244,782
4,627,145
8, 179,975
2,542,640
2,539,665
639,400
1,870,000
433,455

,

W.New York

Popula-

Assessed
Rate.
tion in
Valuation, per $1,000
1900.

15 00
22-60
15-60

22 80

275
7,943
4,376
5,168
9,443
9,213
5,000
5,009

22-50

361

2300

1,307
1.207
2,300
3,899
4,149
3,244
3,298
1.4S3
1,652
1,954
5,811

24-60

537,0-13

24 10

2,«76,418
2,860,206

18-00
12-40
22-20
27-50
23 60
20-80
12-90
32-50

1,491,090
360,250

955,250
890,630
3,76*,660
466,000

340
4,843

27 :66
V4-20
19-00

806,675
745/445
980,295
900.000
528,945
18,065,205
2,746,800
457,628
217,200
2,437,375
1,174,098

18-70
27-20
15-10
vl-60

526
1,590
2,779
1,812
37,781
5,267

3000

828
150

24-00
12-70

7,631
1,371

$1,000), $25-00.

POPULATION.—The

was 11,665

\irccT
Wt,bl
This town

1880

in

;

it

population in 1900 was 23,049; in 1890
was 5,441 in 1870 it was 4.132.

r^'O a "NT/"" tt
L->r-eA.iNL-rili.
1

is

it

;

DR.
— $JOS. WM. M. BRIEN, Chairman. State
MCDONOUGH,
Clerk.

Assessed valuation, real. 3,419,050
($5,000 yearly on April 1.)
Ass'd valuation, pers'l... 31 s, 625 4b, F&A, $15,000. ..Feb., '10 to »12
Total valuation 1900
3,734,675
INTEREST is payable at the Orange National Bank, Orange, N. J.
TAX FREE— All of the West Orange bonds are exempt from taxation.

\A7000T3TTT3 V
KJKJLJttUin.X

W

is

.

—

SAMUEL
$
$

d.

LADD, Mayor.
T. MATHERS, Clerk.
H.

in Gloucester County.

LOANS—

When Due. Net debt Mar.

City Bonds—
4b, Dec, $4,000

$53,400
1, 1901....
Assessed val'tion, real. 1,917,400
Ass'd valuation, pers'l... «*4l 3,250
Total valuation 1900
2,330,650
Assessm't 65 to 70 p. 0. act value.
Total tax (per $1,000) 1900.$18-40
Population in 1890 was
3,911
Population in 1880 was
2,298
Population in 1900 was
4,087

DEBT, RESOURCES, Etc
Admitted as a State

-

....

One

-

Total area of State (square miles)

of Original Thirteen

State Capital

Governor (term expires 3d Tues. Jan,,

1903)

-

45,215

Harrisburg
A. Stone

Wm.

....

W. W. Griest
Secretary of State* (term expires Jan. 1903) James E. Barnett
Treasurer (May 1, 1902)
Legislature meets biennially in odd years on the first Tuesday in January, and there is no limit to the length of the
sessions.

. .

Water Bonds—
F&A. $40,000

Dec, 1901'04

Feb. 1,1906
($10,000 ev'ry5 yrs.)toFeb.l. 1921
4b, F&A, $12,000
Feb. 1, 1926
Total debt Mar. 1, 1901... $56,000
Sinking fund, etc
2,600
TAX FREE.— AH of the above bonds axe
4b,

ITS

situated in Essex Co.

When Due. Assessment about ^ aotual value.
LOANS
Redemption Bonds—
Tax rate (per $1,000) '99... $28 80
4^8, J&J. $25,000.... July 1,1916 Population in 1890 was
4,358
Bonds—
Road
Population in 1900 was
— 6,889
June 1. 1902
7b, J&D, $74,000
School Dintriet Bonds
Bonded debt Feb.20, 1900.$99,000 4s, g., A&O, $50,000. ...1913-1922

This city

Pennsylvania,

of

J

exempt from taxation.

ADDITIONAL STATEMENTS.
In the table below we give statements regarding all minor oivU divisions in the State of New Jersey which have reported an indebtedness
10 >° 00 and which are not represented among the foregoing
e
5 *°?i j $
detailed returns. We add in each case the population from the Census
of 1900.
PopulaTax
Assessed rate per tion in
Total
Place—
Debt.
Valuation. $1,000.
1900.
Allendale (Boro.), Bergen Co... $40,500
694
$305,875 $18 30
Allenhurst, Monmouth Co
165
167,500
1,165,350
Anglesea (Boro.).Cape May Co. 16,742
161
3000
177,366
Atlantlo County
58 ,500 23,442,*.ll
46,402
Avalon (Boro.), Cape Mav Co.. 11,000
2700
93
300,000
Avon by-the-8ea(Bo.).Mon. Co. 32.500
2664
507,425
>

*

Appointed by Governor, and holds his

office at

Governor's pleasure.

HISTORY OF DEBT.— For a history of Pennsylvania's State debt
from 1789 to 1893, see the State and City Supplement of 1893, pages
63 and 64. The details of the debt as it now exists are subjoined.

LOANS—

-

Interest.

NAME AND PURPOSE.

—

P.Ot. Payable.
Agricultural College b'ds, '72.r 6
Funding loan, 1881
r 4
do
1881
r 3*2 F &

F&A
F&A
A

Principal,
Outstand*f.

,

When Due.

1922 $500,00*
1912 4,521,250
1912 1,642,900
Held in State I
17 qqq
Quar.
Proceeds of farm sale, 1887.
6
Treasury.
134,149
Unfunded debt and debt upon which interest has ceased...
PAR VALUE OF BONDS.—These bonds are in pieces of $50, $100
and multiples of $100.
INTEREST on the Agricultural College loan is payable at the State
Treasurer's office in Harrisburg; on all other bonds at Farmers'*
Feb.
Feb.
Feb.

1,
1,
1,

. .

[

Mechanics'

Bank

in Philadelphia.

TOTAL DEBT,

Etc.—The subjoined statement shows Pennsylva-

fund held by the 8tate against the
same, and the State's unfunded debt, on the dates indicated.
nia's total public debt, the sinking

:

;

$T#T£ Min CITY SUf TltWtWT.

615
Dec. 1, 1900.

Total publio debt
8inking funds

Dec. 1, 1899.

Dec. 1. 1898

$6,815,299
6,021,402

$6,815,299
5,789,317

$793,897
134,149

Net debt

$6,815,299
5,750,088
$1,065,211
134,149

$1,025,982
134,149

Unfunded debt (incl'd above).
The sinking fund on December

1,

1900, held the following securities

Allegheny Valley Railroad bonds, $900,000; interest on same,
$18,750; United States 4 per cent consols, at par, $2,775,000, and
cash, $2,327,652; total, $6,021,402.
The unfunded debt mentioned in the above table consists of relief
notes in circulation, interest certificates unclaimed, interest certificates outstanding, and bonds past-due upon which interest has
ceased.

ASSESSED VALUATION
Tears.

Real.

has been as follows
Assessed Valuation.Personal.

Total.

$3,528,585,578
1900
$2,766,829,685
$761,755,893
2,728.163,:h36
3,588,142,667
1899
859,^79,331
1898
3,431,951,565
2,685,199,712
846,751.853
3,357,702,777
1897
2,531,568,640
826,134,137
3,330,688,326
1896
2,499,661,995
831,026,331
3,241,068,024
1895
2,471,018,204
770,049,820
1894
3,047,573,853
658,341,105
2,389,232,748
1892
2,899,774,989
2,308,767,431
591,007,558
1888
1,840,433,540
property.
The above does not include valuation of railroad

DEBT LIMITATION—In Pennsylvania the limit to the indebtedness
and to the indebtedness of the cities and minor civil
organizations in the State, is fixed by the State Constitution.
1 State indebtedness. With regard to the State, the regulations
controlling and governing debt creation, payment, &c, are found
in Sections 4, 5, 6, 11, 12, 13 and 14 of Article IX of the Constitution,
and are as follows.
Article IX, Sec. 4. No debt shall be created by, or on behalf of, the
State except to supply casual deficiencies of revenue, repel invasions,
suppress insurrection, defend the State in war, or to pay existing debt
and the debt created to supply deficiencies in revenue shall never
exceed, in the aggregate at auy one time, one million of dollars.
Section 5. All laws authorizing the borrowing of money by, and on
behalf of, the State shall specify the purpose for which the money is to
be used, and the money so borrowed shall be used for the purpose speciof the State,

—

and no other.
Section 6. The credit of the Commonwealth shall not be pledged or
loaned to any individual, company, corporation or association, nor
shall the Commonwealth become a joint-owner or stockholder in any
company, association or corporation.
Section 11. To provide for the payment of the present State debt, and
any additional debt contracted as aforesaid, the General Assembly
shall continue and maintain the sinking fund sufficient to pay the
accruing interest on such debt, and annually to reduce the principal
thereof by a sum not less than two hundred and fifty thousand dollars
the said sinking fund shall consist of the proceeds of the sales of the
public works, or any part thereof, and of the income or proceeds of the
sale of any stocks owned by the Commonwealth, together with other
funds and resources that may bo designated by law, and shall be
increased from time to time by assigning to it any part of the taxes or
other revenue of the State not required for the ordinary and current
expenses of government, and unless in case of war, invasion or insurrection, no part of the said sinking fund shall be used or applied otherwise than in the extinguishment of the public debt.
Section 12. The moneys of the State, over and above the necessary reserve, shall be used in the payment of the debt of the State, either
directly or through the sinking fund, and the moneys of the sinking
fund shall never be invested in or loaned upon the security of anything
except the bonds of the United States or of this State.
8ection 13. The moneys held as necessary reserve shall be limited
by law to the amount required for current expenses, and shall be secured and kept as may be provided by law. Monthly statements shall
be published, showing the amount of such moneys, where the same are
deposited, and how secured.
Section 14. The making of profit out of the public moneys, or using
the same for any purpose not authorized by law, by any officer of the
State, or member or officer of the General Assembly, shall be a misdemeanor, and shall be punished as may be provided by law; but part of
such punishment shall be disqualification to hold office for a period of
not less than five years.
State loans in Pennsylvania, whether created for original indebtedness or authorized to fund existing indebtedness, are usually negotiated through the Governor and Commissioners of the sinking fund.
The last act of the Pennsylvania Legislature authorizing a publio
loan was the act of June 8, 1881, when a thirty-year loan was effected
to fund existing indebtedness at a lower rate of interest.
The earliest date at which the last of the existing indebtedness of
Pennsylvania will mature is February 1, 1912, and under existing ar
rangements the accumulations in the sinking fund will at that time
pay the total State indebtedness.
and Municipal Indebtedness. — Under the laws of
(2) County
Pennsylvania the power to create county loans is in the Board of
County Commissioners, which consists in each countv of three persons,
elected tri-ennially under the minority system of voting, by which
the minority party in each County usually has one member of the Board.
In cities and boroughs the power to create indebtedness Is vested in
councils, municipal debts beiug created by ordinance.
The creation of county, city and other municipal indebtedness is
fied

subject to the following constitutional limitations.
Article IX, Sec. 7. The General Assembly shall not authorize any
county, city, borough, township or incorporated district to become a
stockholder in any company, association or corporation, or to obtain or
appropriate money for, or to loan its credit to, any corporation, association, institution or individual.
Section 8. The debt of any county, city, borough, township, school
district, or other municipality or incorporated district, except as
herein provided, shall never exceed seven per centum upon the
assessed value of the taxable property therein, nor shall any such
municipality or district incur any new debt, or increase its indebtedness to an amount exceeding two per centum upon such assessed
valuation of property, without the assent of the electors thereof at a
public election in such manner as shall be provided by law but any
city the debt of which now exceeds seven per centum of such assessed
valuation may be authorized by law to increase the same three per
centum, in the aggregate at any one time, upon such valuation.
Section 9. The Commonwealth shall not assume the debt, or any
part thereof, of any city, county, borough or township, unless such
debt shall have been contracted to enable the State to repeal invasion,
;

Vol.

LXX1I

suppress domestic insurrection, defend itself in time of war, or toassist the State in the discharge of any portion of its present indebtedness.

Section 10. Any county, township, school district or other munici"
Sality incurring any indebtedness shall, at or before the time of so
oing, provide for the collection of an annual tax sufficient to pay the
interest, and also the principal thereof within thirty years.
In the various school districts(3) Townships and School Districts.
of the State the school directors have the power to create loans, subject to the limitations of Section 10 above quoted, to provide for the
redemption of the same within thirty years.
In townships, the only authority, except that of the school directors
to borrow money, is in the road supervisors, who have no power tocreate bonded indebtedness, but simply to make a temporary loan for
necessary expenses, which must be provided for by an assessment of
sufficient township tax rate, known as road tax.

—

POPULATION OF STATE.— The population of Pennsylvania has
been reported as follows in the years named
1900
6,30?,115 1860
2,906,215 1820
1,047.507
1890
5,258,014 1850
810.091
2,311,786 1810
1880
4,282,891 1840
602,365
1,724,033 1800
1870
3,521,951 1830
434,37*
1,348,233 1790
I

|

i

|

SAVINGS BANKS INVESTMENTS-POWERS AND RESTRICTIONS.—Philadelphia is, we believe, entitled to the distinction
of starting the first savings institution in the United States. The
name this association bore was the " Philadelphia Savings Fund
8ociety," and it still exists, bearing the same name. Originally the

bank was not incorporated, but was a voluntary organization, such
societies in Great Britain being at that time of a like character. The
date of the organization was November 27, 1816, and the bank was
opened for business December 2, 1816. Mr. Hutchinson, who, now
holds the office of President, states that the oldest ledgei of the company
goes back to the time of opening, and shows a deposit on that day
'December 2, 1816) of five dollars. The company was not incorporated until February 25, 1819.
It is surprising that Pennsylvania, although engaged in such an early
venture in the department of savings institutions, should have made
so little progress in the same department since. Indeed, the second
organization does not bear date until 1847, and we think there had
only been 10 mutual savings institutions organized in the whole State
from 1816 down to the early part of 1890. We may assume, however>that this slow development was in no measure due to a lack of desire
for savings banks on the part of the people of that commonwealth.
That such institutions were sought and needed is
sufficiently evident from the fact that nine of the ten companies referred to above reported in 1890 that they held $63,957,341 of
deposits. In 1889 a general law, facilitating the incorporation of sav
ings banks, was passed by the Legislature. Since then there has been
a small addition to the number of institutions, the total doing business
in the State in November, 1900. being 17, with deposits aggregating

$107,621,38119.

The provisions of the special charters are all liberal as to investments. A law passed in 1885, and a supplement of the same passed
In 1889, authorizing the extension for twenty years of special charters, contains the following.
"Provided also, that no * * * Savings Institution or Savings
Bank having no capital stock, renewing or extending its charter,
corporate rights and franchises, under the provisions of this act, shall
thereafter be allowed the privileges of a bank of discount, nor be
allowed to loan any money received on deposit, except first mortgage
or lien upon real estate within this commonwealth, upon the bonds or
securities of the United States or of this State, or upon county, city,
borough, township or school bonds of anv county, city, borough, townhip or school district within this commonwealth, or any other good
and

valid securities."

Authority to loan on any " good and valid security "appears to confer about as broad a discretion upon the managers as could be
expressed in a statute.
It was not until 1889, as already stated, that a general law facill
That
tating the organization of savings institutions was passed.
law of 1889 is indeed well adapted not only for facilitating, but for
stimulating, the growth of the system.
Its influence In the latter
direction would seem to be assured under the liberality of the
provisions respecting investments. The following is section 17, which
contains the investment limitations; we would especially direct
attention to subdivision four of this section:
Section 17.— It shall be lawful for the trustees of any savings bank
to invest money deposited therein only as follows:
(1.) In the stocks or bonds or interest-bearing notes or the obligations of the United States, or those for which the faith of the United
States is pledged to provide for the payment of the interest and the
principal.
(2) In the stocks or bonds of the Commonwealth of Pennsylvania
bearing interest.
(3) In the stocks or bonds of any State in the Union that has not
within ten years previous to making such investments, by such corporation, defaulted in the payment of any part of either principal or interest of any debt authorized by any Legislature of such State to be

contracted.
(4) In the stocks or bonds of any city, county, town or village of
any State of the United States, issued pursuant to the authority of any
law of the State, or in any interest-bearing obligations issued by the
city or county in which such bank shall be situated.
(5) In bonds and mortgages on unincumbered, improved real estate,
situated in this State.
It will be noted that according to the foregoing (sub-division,
four), Pennsylvania savings banks are allowed to invest their
deposits in the bonds and stocks of any city, county town or village in
any of the United States. Furthermore, by the fifth subdivision bonds
and mortgages are left to the discretion of the trustees in all purchases,
except that they must be first mortgages on Improved real estate In
Pennsylvania. The next section (18) relates to the temporary deposit
of funds in banks and trust companies. It makes it lawful to deposit
temporarily in banks or trust companies ihe excess of current dally
receipts over the payments until such time as the same can be Judlolously Invested in the securities named above.

—

—

>

,

Counties and Towns

Cities.

Bonded

Note. — For debt of comities not mentioned below
Statements " at the end of this Stale.

ABINGTON. —This township
Class C, $18,000
Subject to call after May
5s,
Class D, $35,000
Subject to call after May

"Additional

is

in

20,000
Total debt 8ept. 25, 1900 $98,900
Tax valuation 1899
4,264.915
Population in 1 890 was
2,703
Population in 1900 was
3,803
4*28. Class G,

5s,

1,

1903

1,

1908

Loan of 1894—
$8,000.aft.

see

INTEREST is payable at the National Bank of Jenkintown, Pa.
TAX FREE.—The loan of 1893-94 are exempt from State taxes.
TTT^ T-TTT'TxTV 5 JAMES G WYMAN, Mayor.
AJ_l_.t_l-Xrt.t_lN I .\ JAMES BROWN, Comptroller.
Allegheny is situated in the county of the same name. [$1,098,000
bonds were sold on April 8, and are not included in statement below.]

ATT

LOANS—

NAME AND PURPOSE.

—

Rate. Payable.

City park bonds

1886 4
do
do
1890 4
Electric-light bonds. .A.. 1891 4
do
do
B..1893 4
do
do
C..1894 4
Municipal bonds (renew). 1886 4
do
do
1891 4
Renewal bonds
1890 4

J

A
A
A
J
J

A

J

& J
& O
& O
& O
& J
& J
&O
& J

When
July
April
April
Oct.

July
July
Apr.
Jan.

-Principal.Due.
Outstand'g.
1,
1,
1,
1,
1,
1,
1,
1,

1906
1910
1921
1923
1924
1906
1911
1910

$15,000
25,000
160,000
14,000
86,000
13,000
150,000
117.000

Sewer Bonds:—

& J Jan.
1903
8,000
do
4
& J July
1901
62,000
Refunding renewal
4
M & N Nov. 1901
8,000
Renewal
4
J & J July
1902
20,000
do
4
1903
J & J July
50,000
Refunding renewal
4
Nov.
1903
7,000
Renewal
4
1904
J & J Jan.
75,000
8ewerage bonds
4g J & J July
1917
50,000
Sewer
A
4
A & O Oct.
1923
55,000
do
B
4
Apr.
A & O
1924
100,000
do
C
4
July
J & J
1924
145.000
do
4
J & J Julyl, 1905-'20 132,000
($33,000 every Ave years.)
do
1895 4
J & J July 1, 1925
35,000
Street Improvement Bonds
McClure Ave. renewal.. 1881 4
J & J July 1, 1901
$13,000
do
do
..1883 4
J & J July 1, 1903
13.000
do
do
..1884 4
J & J July 1, 1904
13,000
California Avenue
1891 4
A & O Apr. 1, 1911
23,000
do
do
1899 4
44.H2'*
J & J Jan. 1, 1904
Charles Streetrenewal..l881 4
J & J July 1, 1901
18,000
do
do
..1884 4
J & J July 1, 1904
13,000
Hiehway improvement. 1895 4
J & J July 1, 1905-25 250,000
($50,000 every five years.)
Clifton Ave. bonds
1 899
J & J Jan. 1, 1904
6,000
Street improvement
1895
J & J July 1,1905-25 250.000
Renewal

1883
1881
1881
1882
1883
1883
1884
1887
1893
1894
1894
1895

J
J

4*2

M&N

.

Ley Street
Street Impro ement

($50,000 every five years.)
J & J Jan. 1, 1902

1897
1891

do
do
do

do
do
do

do

do

1897

A
A
A

O Oct.
O Apr.

J

A.. ..1893
B....1894
C....1894

J

O Apr

J & J

4

1,

1,
1,

1911
1923
1924
1924

do

1895

& J
J & J

4

1,000
75,000

200,000
200,000
200,000

July 1,
1902-1927, >
400,000
$66,000 every
five years.

do

)

1905-1925

J

334,000

($66,000 every five years.)

Water bonds

1883

do
do
do
do

1603
1906
1914
1917
J
Jan.
1919
J
July 1, 1923
J
July 1, 1910
J
July 1, 1912
J
June 1, 1905-25
J
($100,000 every five years.)

J

.1886
..1884
..1887
..1889
(renewal) ..1893
(renewal) ..1890
(renewal) .1892
do
..1895

do
do
do
do

A

July
July
Apr.
July

1,

1,
1,
1,
1,

64,000
20,000
132,000
100,000
175,000
150,000
100,000
100,000
500,000

Subject to call June 1, 1913.

do

.1895

& D Junel,1905-'20
fifth year.)
J & D June 1, 1925
Dec. 1,'01-'16;
J & D $66.000every
J

4

432,000

($108,000 every

do

.1895

4

do

.1896

4

five years.

do

.1896

4

J

& D

Wharf renewal bonds. .1887..

J

4

& J

July

1,

110,000
264,000

'

Dec. l,'21-'26;
$68,000 every
five years.

136,000

'

1907

28,000

INTEREST is payable at the office of T. Whelen & Co., Philadelphia and in Allegheny, and checks will be mailed to holders of bonds
when

requested.

TOTAL DEBT
Total bonded debt
Sinking funds

Net debt
Water debt

(incl.

INKING FUNDS, EtcFeb.28,' 1901. Feb.28,'00. Feft.28,'99. Fe628,'98.
$5, 508,970 $5,968,703 $6,0 :2.55H $5,949,295
,

1,166,217

1,406,323

1,211,970

989,797

$4,342,753 $4,562, t40 $4,81 0,588 $4,959,498
above). $2,283,000 $2,491,000 $2,491,0oo $2,491,000

including water property valued at $3,439,333.

ASSESSED VALUATION—The

rate have been as below:
Total Assessed
,
Years.
Valuation.

1900
1899
1898
1897

$84,589,m50
81,601,300
80,861,875
80,604,975

city's assessed valuation and tax
(Actual valuation 1896, $85,000,000.)
City Tax
Total Assessed Oily Tax
per M.
per .V. Yeirs.
Valuation.
13 50 1896
1200
79,843,625

POPULATION. -In 1900
287; in 1880

it

was 78,682;

i3-r>i>

14-00
12 00

1895
1890

74,500.000
50,299,550

was 129,896;
1870 it was 53,180.

(Census)
in

in

930

13'77

1890 was 105,-

Allegheny
See.

We
•aoh.

School Districts— Geo. W. Gerwig,
Board of School Comptrollers.

give below the bonded indebtedness of the various school dis
Allegheny, together with the value of school property for

trlots of

Ward

None

Ward
Ward
Ward
Ward

Bonded
Districts.

40,000
112.000
3a. 000

6,000

is

$50,000
142,637
116,000
51.000
60,000
16,500

.
.

.

.

Total. ...$1,143,200 $2,149,055

£

W. E. THOMPSON.Comptroller.

the county seat.

LOANS—

— When Due.
J&J, $1,175,375 68.Jan.l,1913

Compromise Bond
5s,

Val. of

Property.

9th Ward.. .$21,000
10th Ward .. 118,500
11th Ward... 89,5i'0
12th Ward... 21.500
13th Ward... 36,500
14th Ward..
12,700

ALLEGHENY CO. —
Pittsburg

Debt.

Riot Bonds—
J&J, $864,500

Jan. 1,1906

4s,

Subject to

call.

The Act of 1863 requires $25.- Bond.debt Mar. 1,1901. $3,162,402
©00 of these bonds to be retired Floating debt
157
yearly on Jan. 1, beginning with Total debt
3,162,559
lowent number outstanding.
Sinking fund assets...
24,988
Poor House Bonds—
Net debt Mar. 1,1901. 3.137,571
3>*8, J&J. $75,000
July 1, 1910 Tax valuation, real ..482,875,320

Court House Bonds— (Reg.)
J&J, $300,000... July

Tax

valuat'n.pers'n'l. 47,9-49,020

1908 Total valuation 1900.5?0,824.340
A&O, 497,500... Oct. 1,1906 Assessment about *„ actual value.
Insane Asylum Bonds—
State'&ICo. tax (per M). 1900 .$7-00
3138, J&J, $250,000.. July 1, 1908 Population in 1890 was
551,959
Population in 1900 was. .775,058
48,
3*28,

1,

PAR VALUE.—Bonds are for $500, $1,000 and $10,000.
INTEREST on the compromise bonds is payable at the Commercial
National Bank, Philadelphia; on the 4 per cent riot bonds by the
County Treasurer and at the office of Townsend, Whelen & Co., Philadelphia; on the Insane Asylum bonds at the Pittsburg Trust Co.; on
other bonds by the County Treasurer onlv.

all

TAX EXEMPT.—The

compromise bonds are largely free of tax;

also the $75,000 poor house bonds.

ATT

5 JAMES L. SCHAADT, Mayor.
T71\.Tnr/~kTX7"TvT
-tt.l_l_.ClN
IN.
£ A L REICHENBACH, Treasurer.
Allentown is the county seat of Lehigh County.
When Due. Bond, debt Feb.l, 1901. $361,600
LOANS—
Water debt (included) ..
60,000
City Bonds—
85,167
4s, A&O, $11,300
Oct. 1,1901 Sinking fund assets
Net debt Feb. 1, 1901..
276,433
4s, J&J,
31,500
Jan. 1,1902
20,161.897
Jan. 1,1903 Tax valuation, real
4s, J&J,
40,000.
65,925
4s, J&J,
59,900. .. Jan. 1,1904 Tax valuation, personal
4s, J&J,
47.400.
July 1, 1907 Total valuation 1900. .20,227,822
4s, F&A, 30,000
Aug. 1,1926 Assessment about 35 actual value.
4s, J&J, 46,500
Jan. 1, 1927 City tax prop, (per M.) '00.. $3-79
4s,F&A, 35,000
Aug. 1, 1927 School tax (per $1,000) '00.. 5-00
25,228
(Subject to call) after Aug. 1, 1902 Population in 1890 was
Population 1900 (Census).. 35,416
Refunding Water Bonds—
School District Bonds—
3»28. A&O, $60,000... Oct. 1.1929
Interest payable by City Treasurer 3>«8
,$64,000,

—

1UVV

.

.

.

TAX FREE.—All bonds issued by this city are exempt from taxation.

ALTOONA.-

This city

is

in Blair County.

LOANS—

When Due. 8inking fund
Net debt Mar.
Improvement Bonds—

1,

1899..

$52,000
857,000
479,000

J&J, $150,000 .... 1901 to 1906 Water debt (included)
1925 Tax valuation, 1900. ..16,106,277
J&J, 280,000, g
Assessment about 23 actual value.
Subject to call after 1905.
Total tax (per $1,000) '99.. $18-50
Water Bonds—
30,337
.1901 to 1906 Population in 1890 was
4s, J&J, $259,000
4s, J&J, 220,000, g..l904 to 1924 Population 1900 (Census).. 38,973
Total debt Mar. 1, 1899. $909,000
The population in 1893, as taken from the city directory, was 33,756.
4s,
4s,

. .

. . .

TAX FREE.—The bonds of this city are exempt from taxation.
NTEREST on the bonds due from 1901 to 1906 is paid by Townsend
I

& Co., Philadelphia, Pa.; on others at the City Treasurer's office
CITY PROPERTY.—The estimated value of real estate and per

Whelen

sonal property

owned by the

city Aug. 1, 1898,

Altoona School District

was $1,150,000.

—

C. M. Kiper, Sec*y.
1886
$19,000 Total debt Apr. 1, 1901. .$180,500
Interest payable in Altoona.
1888
14,500
1894
37,000 Tax valuation 190O. .$16 075,175
$600
Refunding bonds of 1900.109,500 School tax (per M.) 1900

Bonds
Bonds
Bonds

of
of
of

.

AO ur A -NTT-v
Aorll_A.iNiJ.
This borough

is

—

5

{

GEORGE H HELFRICH, Tieas.
JOHN X. DEN CE, Town Clerk.

in Schuylkill County.

LOANS-

When Due.

Common Bonds—

Int.

payable in Ashland.

Bonded debt Feb. 1.1901. $61,700
1.216,070
1913 Tax valuation 1900

$26,000. .Jan. 3,
(Subject to call after 1903.)

4s, Jan. 3,

.

.

Total tax (per $1,000) 1900.. 25-00
Population in 1890 was
7,346
Population in 1900 wa»..
6,438
The borough owns its water works, valued (1896) at $97,953, and
other property to the value of $21,625.

Water Bonds—
4s, A&O, $35,700... Sept. 1,1916

TAX FREE.— All bonds of this city are exempt from taxation.
CITY PROPERTY.—The estimated value of all the oity's property

U $8,000,000,

4th
5th
6th
7th
8th

195,500
321,000

07

Val. of
roper ty.

$170,000
70,000
404,275
375,000
160,000
169,000
250,000
80,000
34,643

None

2d Ward
3d Ward

Mav. '95

Interest.

Ward

1st

Montgomery County
Loans of 1894— (Con.)—
4*28, ("lass F, $17.000.aft. May, '00

When Due

LOANS-

}

B'rdof Cont'l..$131,000

STATE OF PENNSYLVANIA.

Loan of 1893—

Debt.

Districts.

THE

IN

4J2S, Class E,

^j> TOWNS,

f*£»N SYtV AN IA— CITIES

April, 1901.

STATE TAX FREE.— Bonds are free from State tax.

AVALON.
This borough

is in

Andrew M. Kirker,

Ch. Fin. Com.

Allegheny County.

LOANS-

Bonded debt Feb. 1, 1900.. $56,200
7,500
*8,000 Floating debt
8,109
do
1891
12,000 HtnkinKfuud assets.
do
do
1893
do
10,000 Assessed valuation '99.«1, 440,465
1911- 1930.. 20.000 Assess't about 65%of actual value.
do 3-6s
$18-65
Sewer bonds of 1898
2ti,000 Total tax (per M.) 1899
Mortgage on haU
ViOO Population iu 1900 was.... 2,130
Street bonds of 1890

BEAVER FALLS.—
This borough

is

in

J. E.

McClure,

Sec'y.

Beaver County.

When Due Interest payable in Beaver Falls.
LOANS—
General Improvem't Boni>8— Total debt >far. 1, 1900.. $109,939
4,274,650
1903&1906 Tax valuation 1900
6s, J&D, $4,250
$20-00
Tax rate (per M.) 1899
Subject to call.
4s, M&S, $J0,6OO
1901 to 1909 Assessment about "-n actual value.
Population in 1900 was
10,054
Street Improvement Kdnds9.73!4
5s, Oct., $3,000 Oct., 1901 to 1906 Population in 1890 was
school District Bonds-W. F.
5s, Sept.,42,000.9^pt.l901 to 1921
5s,
4s,

June, 11,000. June. 1901 to '22

J&J, $5,000.Jlyl,1901tol905

Rayl, Secretary.
3»«8,

semi-an

,

$10,000 .1905-1924

——
68

STATE fiW CITY SUf f»i£]vr£NT,

BELLEVUE.-J.
This borough

5,000
1,000
11,500
19,000
7,000
16,000
5,000
12,000

,

,

4*28

,

4^8

,

*i«8

,

4^8,
4^8,

,

,$48,000.... 1914 to 1924
(Due $2,000 yearly to 1920; $8,000
'21-'23, and $10,000 in 1924).
4s, J&D, $40,000.. Deo. 1925 to '28
Bonded debt Jan., 1901, .$161,500
Assessed valuation 1900.2,777,895
Assessment about 50?b act'l value.
Tax rate (per $1,000) 1900 $16-00
1,418
Population in 1890 was
3,416
Population in 1900 was
4b,

19071913
1914 1917
1918
1919-1920

|
I

I

I

BETHLEHEM.—

pn —
OLJ.

County seat

is

5
}

JOHN A. SMITH. Pres. Board Commission's.
w.

S.

HOSTLER,

Clerk.

Tax valuation 1900. ...31,835.086
County tax

(per $1,000) '99. $5-00

Population in 1890 was
Population in 1900 was

70,860
. . .

.85,099

BRADDOCK.— Geo. A. Todd, City Treasurer.
borough
Allegheny County.
This

is

in

Water Bonds—

LOANS-

Streetimpt., 4-9s, J&D
Reservoir, 4^8, MAS

Jan. 1.1904
J&J. $38,500
Total debt Jan. 1, 1900.. $343, 500
5,500,000
Tax valuation 1899
Assessment about % actual value.
was.... 8.561
Population in 1890
15,654
Population in 1900 was

$79,000
98,000
Sewer, 4-8s, M&N
38,500
Refund, street, 4^8, J&J.. 9,500
Impt. bonds, 4^8, A&O
8,000

5s,

. . .

BRADFORD.—Edward C.
McKean County.
This city

is

LOANS—

Charlton,

Clerk.

When Due. Total debt Mar. 1. 1901. $93,281
3,800,068
Tax valuation 1900

M&N,

Assessment is about 23 actual value

1901-1904
$4,000
($1,000 due yearly on May 1.)
4s,
1906-1926
$30,000
($10,000 due every 10 years.)

Total tax rate (per M.) 1900.$20-00
10,514
Population in 1890 was
Population in 1900 was.... 15,029
Schoul District Bonds
Part yearly
6s, J&J, $60,700
21 ,200
Tot. sch. debt Mar.20,'98

—

Water Works Bonds—

J&D, 25,000
Improvement 3>ss
Refunding 3^8

Dec. 1,1903

6s,

$20,700
13,581
FREE.—School bonds and city bonds wben held outside the

State are exempt from taxation.
INTEREST on the water works bonds is payable at the Seaboard
National Bank, N. Y.; on the building bonds at the Bradford National
Bank; on the school district bonds by City Treasurer.

BRADFORD CO.— Finley H. Hubbard, Treas.
Towanda
the county seat.
When Due.
LOANS—
is

Assessed val'ation,per'l$l ,167,750
Total valuation 1900.. .21,^92,375
County tax (per M) 1900. ...$350
Population in 1890 was
59,233
Population in 1900 was
59,403

Court House Bonds—
4s,
4s.

Jan. 1, 1902
Jan. 1, 1907
1901. $150,000

J&J, $50,000
J&J, 100,000

Bond, debt Feb. 1,
Assessed val'ation,real.20,124,625

Carlisle is in

E. Vale, Burgess.
Cumberland County. The borough owned in 1900

gas,

property, total assets being $105,920.
1, 1900 $95,700
Sinking fund
3,101
92,599
Net debt Mar. 1, 1900...
Floating debt (addifnal)
10,240
Total valuation 1899
5,005,033

Assessment is 23 actual value.
J&J, 25,000.... Jan. 1, 1909
$13-50
J&J, 20,000.. ..July 1, 1909 Total tax (per ($1,000)
7,620
5,500.. ..July 1,1911 Population in 1890 was
J&J,
9,626
J&J, 15,000.... July 1,1913 Population in 1900 was
paid by Carlisle Deposit Bank.
OPTIONAL.—AH bonds are subject to call on 60 days' notice.
TAX FREE.—The bonds are all exempt from taxation.

4s,
4s,
4s,
4s,
Int.

CHAMBERSBURG— E.

J.

is

in

LOANS-

Improvement Bonds—

When Due.

4s.

J&J, $25,000

1901-1930

Funding Bonds—

1911
1901

J&J, $76,980
Subject to caU after

4s,

4s,

Repaying Streets—

1926

J&J, $9,900

(Subject to call after 1906.)

Bonded debt Aug. 1, 1900 $147,580
Total valuation 1900. .2,782,505
Jan. 1, 1927
Assessment is % actual value.
4s, J&J, $19,400
(Subject to call) after July 1, 1898 Total tax (per $1,000) 1900.$14-50
1926 Population in 1890 was
3.680
4s, J&J,$1,900
Population in 1900 was
5,721
TAX FREE. AU bonds issued by this borough are tax exempt.
INTEREST on the refunding bonds is payable by Townsend, Whelen
& Co., Philadelphia; on the street repairing bonds at the National
Bank of Chester Valley, Coatesville, on the funding and water bonds at
the Boro' Treasurer's office.
WORKS.—The borough owns its water works; cost of construction, $60,000.
4^8, J&J, $14,800. Within 23 years

Water Bonds—

. .

I

WATER

Burgess.
COLUMBIA.— A. Bealtie, tax exempt.
Bonds
Columbia
Lancaster County
G-.

are

in

is

LOANS—

When Due. Total debt Feb. 20,1901. $171,000
Tax valuation 1900
Refunding Bonds—
3,090,821
3%s. A&O, $158,900.. Apr. 1, 1929 Assessment nearly ^ actual value.
Total tax (per $1,000) 1900.$22 50
Population in 1890 was
10,599
Population in 1900 was.... 12,316

(Subject to call after Apr. 1, 1909.)

Funding Bonds—

3^8. A&O, $11,100. ..Apr. 1,1929
(Subject to caU after Apr. 1, 1909.)
INTEREST is payable at the Central National Bank, Columbia

is

u c T H,r\. —
T? td
1

r^
c:
L'flJiO

5

l

WM

-

J-

OGLESBY,

Comptroller.

FRANK W. HARRISON,

City Bonds— (Con.)

When Due.

Bonds—

$25,000.... July 1,1927
(Subject to call after 1906.)
4s, J&J, $80,000
Jan. 1,1929
(Subject to call after 1909.)
4s,

1901
1903
1904
1905
Refunding Bonds—
1907 3»«8, .. .,$176,000
1929
1908 Bonded debt Jan. 1.1 901. $634, 000
1909 Tax valuation 1900. ...15,119,799
1914 Total tax (per $1,000) 1900. $19-50
1917 Population in 1890 was
20,226
1918 (So. Chester annexed since 1890 )
1926 Population 1900 (Census).. 33,988

8-A, $28,500
8-A, 20,000
8-A, 70,000
8 A, 21,500
8-A, 50,000
S-A, 10,000
8-A, 26,000
S-A, 30,000
8-A, 10,000
8-A,
7.000

M&S, 80,000 g
80,0O0g....
Optional after 1906

4g,
g,

CHESTER West W.
CO.—
The county
seat

is

I

County Certificates—
4b, A&O, $77,000
Total debt Aug.

E.

Pennypacker,

1.

Clerk.

1900... $77,000

This city

is

.

—

5

£

WM. POSTLETHWAIT, Treasurer.
GEO. M. TITUS, ComptroUer.

in Erie County.

When Due. Tax

LOANS—

4s,

1921

valuation 1900 ....$1,645,240
Assessment about % actual value.

May 1, '29
after May 1, 1904.)

Total tax (per $1,000) 1900. $25-50
Population in 1900
5,369
Population in 1890 was
5,677

I

J&J, $9,000

Refunding Bonds 4s, M&N, $93,600
(Subject to call

Bonded debt Jan. 1,1901. $102 600

DANVILLE.
This borough

is

in

LOANS—

Harry Ellenbogen,

I

I

I

1, 1901. $97,000
Total valuation 1899
844,480
Assessment about ^ actual value.
$47-00
Total tax (per M) 1898
Population in 1890 was
7,998
Population in 1900 was
8,042

Refunding Water Bonds—
3s,

J&J, $83,000

Refunding Borough Bonds—

3s,

M&N, $14,000

Interest payable in Danville.

DAUPHIN CO.—A.
County seat
LOANS -

is

valuation 1900. .$52,464,70«
State & Co. tax (per M.) 1900.$6-50
Population in 1890 was.... 89,377
.

Population in 1900 was

Treasurer.

Montour County.
When Due. Bonded debt Mar.

C.

Knisely, Treasurer.

Harrisburg.

Amount. Tax valuation

1899.... $51,543,653
tax (per M) 1899... $800
Population in 1890 was
96,977
Population in 1900 was... 114,443
St.

J&J, $300,000.... Jan. 1, 1931
(Bonds are free from tax.)
Bonded debt Jan. 1, 1901.$300,000

DELAWARE CO. —
When
LOANS—

& Co.

County seat is Media.
Bond, debt Sept. 1, 1900 $400,000

War Debt—

Tax valuation

$400,000.. Oct. 6, 1906
Subject 10 caU after 1900.
Interest payable in Media.

Assessment about 23 actual value.
74,683
Population in 1890 was
Population in 1800 was ....94,762

3**s,

A&O,

DU BOIS. —
Refunding Bonds—

This borough

1930 Assessed valuat'n
Assessment about

(Subject to call after 1910.)
Bonded debt Jan. 30,'99.$114,800

Floating debt
60,738
Total debt Jan. 30, 1899. 175,538
Sinking fund assets
1 4,353

CTnM

in Clearfield County.

Net debt Jan. 30, 1899.. $111,185

,$51,000

4s

Is

in 1899.. 50,305,853

'99..

2,311,297

^

actual value.
Tax rate (per$l,00t) '98. ..$31-60
Population in 1890 was
6,149

Population in 1900 was

DR B RUSHFIELD,

9,375

Mayor.

XT A
-E'-tt-O 1 ^Jisi
X JAMES R. BUTZ, Treasurer.
Easton is situated in Northampton County.
When Due, Tax valuation 1899.. $14,500,000
Assessment is ^ actual value.
City Loan—
4s, semi-an., $212,700. y'rly to 1925 Tax rate (per M.). 1900.... $12*50
14,481
3^8, A & O, 120,200. Apr. 1, 1928 Population 1890 was
Interest payable by City Treasurer. (80. Easton annexed since 1890.)
Total debt iept. 20, 1900.$375,000 Population 1900 (Census) ..25,238
School Dis.debt Jan. 1900. |183,000
TAX FREE.— All bonds of this city are exempt from taxation
The city owns its electric-light plant.
CITY
5

-

-

•

LOANS-

—

W. W. GINGRICH. Comptroller.
IT. HANLON, City Clerk.
This city is situated in the county of the same name.
-.
Principal,
Interest.
When Due. Outstand'g.
Rate Payable.
NAME and PURPOSE.
4
Jan. 1, 1907 $256,500
Refunding, 1887
t-j

TT-,

rL.RlH>.

—

5

LOANS—

'

—
J&J
M&S
J&J
,

,

50,000
4
Mch. 1, 1909
1889
do
500.000
Jan. 1, 1914
1894
4g
do
AU bonds issued by this city are free from State tax to the holders.
Refunding bonds of 1887 are subjeot to call after Jan. 1, 1897.
PAR VALUE OF BONDS.— Bonds are for $1,000 and $500.
INTEREST on the 1887 loan is payable at the City Treasurer's
office, and at the Importer's and Traders' Bank, N. Y.; on the loan of
March 1, 1889, at the City Treasurer's office and at the First National
Bank, N. Y.; on the 1894 loan at the First National Bank. N. Y.

TOTAL DEBT, SINKING FUNDS. Etc-

Chester.

When Due. Tax

LOANS—

t->
OLJJrt Jtt -vr
I

PROPERTY—

Clerk.

situated in Delaware County.

LOANS—

r^ r^ t->

Black, Treasurer.

the capital of Franklin County.
When Due. Total valuation 1900 $2,500,000
LOANS—
1930 Assessment is 23 actual value.
3>«8, $25,000
County tax (per$l,000)1900.$4-00
(Subject to caU after 1905.)
4-00
Bond tax (per $1,000)
Refunding Bonds—
500
3-8s, J&J, $101,500.. July 1, 1929 Borough tax (per $1,000)
600
($10,000 subject to call after 1900 School tax (per $1 ,000)
and the remaining bonds after '09) Population in 1890 was
7,863
Total debt Mar. 1, 1901. $126,500 Population in 1900 was
8,864

This borough

4b,
48,
48,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

$11-00
29,197
28,685

CO ATESVILLE.—W. A. P. Thompson, B'rgess.
This borough
Chester County.

Due.

Bonded debt Mar.

When Due.
LOANS—
General Purposes—
3-6s, A&O, $1,700.... Apr. 1, 1907
4s,
A&O, 12,000... .Apr. 1,1907
4s,
A&O, 16,500.... Apr. 1, 1908

City

.

3s,

water and electric-light stock valued at $42,150, besides a borough
market from which a revenue of $5,000 a yeai is derived., and other

is

(State and County.)
Population in 1900 was
Population in 1890

3^s, J<fcD, $49,000. .June 1, 1919
Total debt Jan. 1, 1901.. $144,000
Assessed valuation, real.6,073,150
Assessed valuation, per.. 584,629

Refunding Bonds—

CARLISLE.—Thomas

Chester

When Due. Total valuation 1900... $6,659,779
Tax rate (per $1,000) 1900

in

Building Bonds—

TAX

LOANS—

Refunding Bonds—

I

Bond, debt Sept.1, 1900 $157,000

,

Treasurer

—

Hollidaysburg.

When Due.
LOANS—
County- Bonds—
3-65s, J&J, $34,000... Jan. 1, 1918
4s,
123,000
Interest payable at Co. Treas. office

CLINTON CO.—John Noble,
County
Lock Haven.

Refunding Bonds—

J. A. Kichline, Secretary.
This borough is in Northampton County. Bonds are tax exempt
Bond, debt Jan.15, 1901.. $220,300 Tax fate (per$l,000) 1900. .$15-60
6,762
Population in 1890 was
All 4% borough bonds.
7,293
Assessed valuat'n 1900.$3,752,141 Population in 1900 was

dt atd
-t5i-.AlJri

LXXII

Vol.

seat is

Sewer Bonds—

1901-1902
1903 1907
.1901-1902
1903-1914
1901-1919

,$1,000

6s,
5s,
5s,

Sec. of Council.

M. Simeral,

in Allegheny County.

is

LOANS6s

6s,

—

..

95,695

Mar. 1,1901. Apr. 2, 1900. Sept. 1 1 899.
$806,500
$806,500
$80^,500
Total bonded debt
517,012
517,012
517,012
Water debt (included above)...
The city has no floating debt.
,

8

*

:

:

The sinking fund receives yearly a certain sum from the tax levy, not
exceeding 3 mills and not less than H of a mill on a dollar; on Mar.
1,1901, the fund amounted to $234,375 79, of whioh $65,000 was
applicable to the water debt.
CITY PROPERTY —The city owns real estate and personal property amounting to $2,118,724 as follows:
$139,887
$134,952 Other real estate
Fire property
1,711.465
Water property
Total
$2,118,724
132,420
City Hall
The city's assessed valuation (about
ASSESSED VALUATION.—
two-thirds of the cash value) and tax rate have been as follows
Total Assessed Total of Tax

Total Assessed Total of Tax
per $1,000.
Valuation,
"

Tears.

1900
1899
1898
1897
1896

Tears.

2400
24-00
24-50
24-50

Valuation,

1895
1894
1890
1880

$24-00

$19,657,488
19,297,624
19,158,588
17,949,389
17,602,361

$17,424,774
16,184,312
14,214,195
11,518,904

per $1,000
$24-75
24-00
26-50
23-00
"

it

it

was

—

M&N.

Oct.
1902
1901-1902 ($5,000 ann'ly
$12,500
when $10,000 will mature.)
($10,000 on Nov. 1, 1901, and
1900-*09
4s, J&J, $10,000... June
$2,500 in 11)02.)
1902-1908 ($1,000 yearly except 1903, when
4s, A&O,$30,000
$2,000 matures.)
<$4,000 yearly in Apr. to 1907 and
Bonded debt Feb 1, 1901. $120,500
$6,000 in 1908J
$8-00
4s, M&N, $10,000... .Nov. 1,1903 School tax (perM.) 1900
4,000... Apr. 1, 1903 (For valuation, population, &c,
4s, A&O,

see city of Erie.)

FAYETTE CO.— 0. K. BROWNFiELD.Com.Clerk
County seat

Uniontown.

is

When Due.
LOANS—
Court House Bonds—

Total debt Feb. 25, '01. $147,000
Total valuation 1901.. 47,500,000
Assessment ^ to 23 actual value.
State tax (per $1,000) 1901.. $4-00
County tax (per $1,000) '01 . 5*00
Population in 1 890 was
80,006

M&N, $131,900

1901
($9,000 due yearly) to 1915
Interest payable in Uniontown.

4s,

*> ue

.

Population in 1900 was.... 110,412

-

,

BREWSTER, Burgess.
CHAS.
HUNTINGDON. — \j. r. PATTON,
This borough

;

Erie School District. W. J. Elynn, C'k B'd Ed.
1901-1909
When Due, 4s, A&O, $50,000
LOANS—
in
except;
4s,

Overdue bonds
$1,000
Bonded debt Feb.15, 1900 278,500
Water bonds (incl. above). 108,000
Sohool bonds (additional) 102,000
Tax valuation 1899
4,460,000
Assessment about 2 B actual value.
9,000.Mar.l,'02to"l0 Borough tax (p'r$l,000)'99.$15-00
5s, M&S,
2-00
9,000. 1899 to 1912 County tax (per $1,000)
5-4s, M&S,
2,000...1901tol904 School tax (per $1,000) 1899. 8-00
5-4s, A&O,
7,911
5-4S. J&J, 20,000.... Jan. 1,1917 Population in 1890 was
Population in 1900 was
12,554
Optional after 1902.
Hchoul District Bonds—
5-4s, J&J, 25,000. ...Jan. 1, 1918
Part yearly
J&J, 15,500.. ..Jan. 1,1919 5'4s, M&S, $28,000
4s,
1H08
4>«8,
9.000
Water Bonds—
'09 4-3s, J&D, 25,000. .June 20, 1910
5-4s, M&S, $15,000.. Yearly to
J&D,
5,000
1906
5-4s, M&S, 14,000. .Sept. 1, 1910 5s,
5-4s, A&O, 25,000.. Yearly to '16 4s, M&N, 35,000. ..May 1,1919
1,'98'16 4s, J&u, 20,000. .. Deo. 1, 1925
A&O, 54,000.. Oct.
5s,

when

LOANS—

Street and Sewer Bonds—
5 -4s, J&D, $44,000 yrly' to 1914
22,000 y'rly to 1918
5-4s, J&D,
5,000 .Sept. 1, 1905
5-4s, M&S,
5-4s, M&S, 20,000 .Sept, 1, 1915

TUT TTVTT-T TsJ<~ T-w^TSJ

1900 (Census) was 52,733; in 1890
was 27.737 in 1870 it was 19,646.

POPULATION.—In

40,634; in 1880

69

f£NW$YWN!ifc— CITIES #NB TOWNS,

April, 1901.

is

C.

\

Secretary.
the county seat of Huntingdon County.

When Due. Bonded debt Mar. 5, 1901 .$49,500
Tax valuation 1900
1,634,327

LOANS—

|

Street Improvement Bonds—

J&J, $4,000... July, 1901-1904 Assessment about ^ actual value
J&J, 16,000. .July, 1901-1909 Total tax rate (per M.) '98 .$29-25
5,729
J&J, 17,500.... July, 1901-1910 Population in 1890 was
Population in 1900 was
6,053
Funding Bonds—
$12,000.. .July 1901-1910
4s
4s,
4s,
4s,

'

. .

.

I

|

INTEREST on the bonds is payable at Huntingdon.
TAX FREE.—All bonds of this oity are exempt from taxation.

HUNTINGDON CO

County seat

is

Huntingdon.

Bonds are tax exempt.

When Due.

LOANS—

Total debt Jan.

1,

1901

Sinking fund assets
Bridge Bonds—
<J&J,> <fi5fio00 <1900to'02 Net deot Jan. 1, 1901
.„
48
5b 000 part yr'ly. Tax valuation 1900
$
1
I A&O, {
>

'

5s,

A&O, $19,500

1902

to

$99,050
23,675
...
75,375
7,752,840
. .

1906 Assessment about H? actual value.
St. & Co. tax (per M.) 1900.$12-00
Population in 1890 was
35,751
Population in 1900 was
34,650

(Payable part yearly.)
Interest paid by County Treas.
Bonded debt Jan. 1, 1901. .$75,500
23,550
Floating debt

U a DDTCTDTTDP HENRY MILLER. Comptroller. INDIANA CO.— Phil.
HArinlODUriU. — 1CHA8. A.W. GOUGH,City Clerk.
County seat Indiana.

M. Sutton, Treasurer.

5

is

Harri8burg, the capital of the State,

LOANS-

Interest.

NAME AND PURPOSE. Rale
Water bonds

6

do
do
do
do
do
do
Citybonds
do
do
do
do
do

—

is

Payable.
J &

6
6

situated in Dauphin County.
Principal.When Due.
Out stand' g.

July

&
&
&
&
&
&
&
J &
,r
&

J
J
J
J
J
J
J

Jan.

July
Jan.
Jan.
Jan.
Jan.

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

1903
1904
1904
1913
1914
1915
1916
1903
1904
1920

$101,400
91,000
7,500
130,500
26,700
223,500
59,300
14,900

4
4
4
4
6
Jan.
6
July
July
4
4
1918
4
1917
4
1919
bonds are exempt from taxation.
.

10,000
65,000
31,300
5,000
19,000

TAX FREE.- -All
NT E REST is payable at the office of the City Treasurer.
TOTAL DEBT.—Thecity's bonded debt on Apr. 2, 1900, was $853,I

300; sinking fund assets, $109,907 43; net debt, $743,392 57, not including $86,200 improvement bonds, payable by assessment. The net
debt in 1895 was $990,800; in 1892 it was $1,020,031.
The sinking fund receives yearly appropriations sufficient to pay interest on the city's debt and 5 per cent of the principal.
CITY PROPERTY.—The city owns a water works and other available assets amounting to $2,301,628 34.
ASSESSED VALUATION.—Thecity's assessed valuation (estimated
to be about the full value) and tax rate have been as follows
Total Assessed Rate of Tax
Total Assessed Rate of Tax
Valuation, per $1,000. Tears.
Tears.
Valuation, per $1,000
1900
$17-00
$26,000,000
1890
$12-25
$20,412,135
17-00
1898.
25,538,741
1889
20-5O
21,396,240
1896
23,500,000
2250
37-50
1880
5,384,629
18-833
1894
22,500,000
The city's tax rate for 1900 is $7-00 per $1,000.
POPULATION- Tn 1900 (Census) was 50,167; in 1890 it was 39,385 in 1880 it was 30,762; in 1870 it was 23,104.
;

Harrrisburg School District.
BAUGH, Secretary.
the same name,

LOANS-

—

— D.

This district, comprising the city of

Dauphin County.
When Due. Bonds are free from

is

Hammel-

D.

in

A&O.
$100....*Oct. 1,
A&O, 75,000
Jan. 1,
A&O, 12,000
June 1,
A&O, 1,000.. •April 1,
4s, A&O, 30,000.. tOot. 1,
4s, A&O, 20,000.. t April 1,
4s, A&O. 70.000.. tOct. 1,
4b, A&O, 68,000.. JOot. 1.

4s,
4s,
4s,
4s,

4s, A,VO, 25,i 00. JApril
4s, A&O, 57,500... Oct.
48, J&J,
63,000 ..Jan.
3s, g., J&J, 32,000.
Jan.

1901
1906
1908
1910
1921
1922
1922
1914
1, 1916
1, 1916
1, 1917
1,1921

all

Bonded debt Jan.l,1901..$446,600
Floating debt
10,000
Total debt Jan. 1, 1901.. 456,600
Sinking fund assets
13,610
Net debt Jan. 1, 1901.... 442,990
Ass'd valuation, real.. .26,138,779
Ass'd valuation, pers'l. 3,150,000
Total valuation 1900.-29,288,779
Assessment about actual value.
School tax (per $l,000),1900.$600

OPTIONAL— Bonds are subjeot to call as follows: *At
flOjrears berore maturity, and U5 years before maturity.

HDI
rawL

TnAVQRlTDr —
-,liJ
Y ^t* U x-tU".

T
-,1

tax except

State.

rt-

any time

JOHN T. AKERS, Burgess.

'

is

|

—

HOMFSTFAH —
rav^lVir.i> I JrLAU.
This borough

is

KENNEDY,

S

R.

*

LOUIS ROTT,

in Allegheny County.

J&J, $18,000
Optional »a in 1901,

3*48,

Burgess.
Treasurer.

When Due. Total debt Jan. 1, 1901
$57,573
Tax valuation 1900
8,b75,202
1902-1903

*q in

2-4s,

,$24,000
9,000... Jan.
J&J,

1,

1903
1904

JEANNETTE.— Geo.
This borough

is

in

LOANS—

Street

& Sewer

5-00
42,175
42,556

Co. tax rate (per $1,000).
Population in 1890 was
Population in 1900 was

1902.

Bonds—
4-4s

Kirk, Clerk.

S.

Westmoreland County.

When Due.

in 1921; $28,000 in
$29,500 in 1930.)

Bonds.

1926 and

4^8. g A&O, $120,000Apr.,*06-31 Bonded debt April 1, *01.$153,250
($5,500 due in 1906; $15,500 in Assessed valua'n, 1900.. 2,131,181
1911; $18,500 in 1916; $23,000 Population in 1890 was
3,296
Population in 1900 was .....5,865
,

JOHNSTOWN.-Chas.
This city

is

In

H. Wehn, Treasurer.

Cambria County.

LOANS—

Street Impt. Bonds— (Con.)
F&A, $50,000... Aug, 1, 1924
Subject to call after Aug. 1, 1904
4s, A&O, $20,000
Oct. 1,1926

When Due.

Fire Alarm—
4s, J&J,$8,000
Jan. 1,1924
Subject to caU after 10 years.

4^28,

Highway & Bridge Bonds—
J&D, $93,500

June
after June

Interest payable in Johnstown.

1921
1901

Total debt Oct. 20/99.. $225,100
Sinking fund
Subject to call
4,648
Building Bonds—
Net debt Oct. 20, 1899.
220,452
4s, M&S, 810,000 ....8ept. 1, 1930 Tax valuation 1899
13,384,841
(Subject to call after Sept. 1,1905.)
Assessment is % actual value.
River Improvement Bonds—
Tax rate (per $1,000) 1899. $1545
May 1, 1921 Population in 1890 was
5s, M&N, $26,300
21,805
Subject to call after May 1, 1896 (Several boroughs annexed since
Street Improvement—
1890.
4*28, M&S, $17,500... Sept. 1, 1923 Population 1900 (Census) ..35,936
Subject to call after Sept. 1, 1903
5s,

1,
1,

JUNIATA CO.—John F.
County seat

is

Ehrenzeller,

LOANS—
3s & 48, $126,689

When Due. Tax valuation, real
$4,534,642
Tax valuation, personal. 840,736
Total valuation 1899
5,375,378
State & Co tax(per M.) '99.. $10-00
Population in 1890 was. ...16,655
Population in 1900 was ... 16,054

Interest payable by County Treas.
Total debt Jan. 1,1899.. .$126,829
8inking fund
29,620

LACKAWANNA CO.—
County seat

is

C. F.

Wagner,

Clerk.

Scranton.

When Due.
LOANS—
Refunding Bonds—
J&D, $100,000. .Deo. 1, 1904
Bonds all optional after 2 years.
Court House Bonds—
4s, J&D, $115,000
Interest payable by County Treas.

Total debt Aug. 10, 1899.$215,000
Valuation, real
21,239,094
Valuation, personal...
3,317,812
valuation 1899... 34,556,906
Tax
Assessment about ^ actual value.
State & Co. tax (per M) '99. $11-00

4i«8,

Population 1890 was
142,088
Population in 1900 was... .193,831
on the above securities are paid by tne County.

LANCASTER.— {£
This city

Treas.

Mifflintown.

County Bonds—

TAXES
5

{ w. L. BALORIGE, Treasurer.
the county seat of Blair County.
LOANSWhen Due. Bond, debt Feb. 15, 1901 $53,200
BOROLGH BONDSTax valuafn (real) 1900.1,149,875
5s,
A&0,$5,000
Optional Boro. tax rate (per $1,000) ..$5 00
4138, A&O,
700
Optional Population in 1890 was
2,975
Water Bonds—
Population in 1900 was
2,998
41*8, M&8, $2,500 .Optional.
School District Jiond
4*28, J&D, 45,000.. Opt.after 1913 3J38,
1919
$13,300
INTEREST on the borough bonds and on the $2,500 of water bonds
is payable at Hollidaysburg; 011 the 4*28 of 1913 at Philadelphia, Pa.

This borough

LOANS—

Refunding Bonds—

H.
S.

RATHFON. Treasurer.
8MELTZ,

City Clerk.

the capital of Lancaster County.
When Due.
Watkr Bonds— (Con.)
LOANS—
Judgment Bonds—
4s. J-Q $169,500. AprU 1,1905-20
4s, A&O, $120,000.... Oot 1, 1925 48.J&J. 141,000...
1922
(Subjeot to call after 1915.)
Bond, debt Mar.l,1901.$l,134,958
Relief Fund Bonds—
Sinking funds
390,458
6s. Jan., $14,000
Perpetual Value city property .. 1,212,940
—
School Bonos
Assessed valua'n, 1900.16,091, 588
4s
,$100 000
1915 Real estate, about
26.000,000
Water Bonds—
Tax rate (per M.) 1899..
1700
4s, A&O, $315,000
1918 Population In 1900 was
41,459
4s, J&J,
1900-18 Population in 1890 was
125,000. ..Jan.,
32,011
INTEREST is payable in Lancaster.
TAX FREE—All bonds of this city are exempt from taxation.
is

.

Vol. LXXII
ST#T£ #N& CITY SUf flEWWT,
MILL V ALE.— K. B W. Pfischner, Burgess.
LANCASTER CO.—Jacob Stoner, Treas
This borough
Allegheny County.

ro

County seat

is

is

Lancaster.

LOANS—

Bonded debt Feb. 1,1900 $270,800

When Due.

County Bonds—

Interest payable at Co. Treas.'ortice.
Tax valuation 1900... .$86,736,064
3!as, $50,000
State & co. tax per $1,000 '90.$6-50
Court Hou6e Bond6—
1918 Population in 1890 was. ...149,095
3ifi8, $50,000
Population in 1900 was.. .159,241
(Subject to call after 1908.)
FREE.—All bonds of this county are exempt from taxation.

TAX

LEBANON.— Geo. B.
Lebanon County.
Tbis city

is

Marquart,

When Due. Sinking fund and casb ...

Subiect to call

Water Bonds—

$43, 80

Net debt Feb. 1, 1901....
1923 Water debt (included)
Water sinking fund
at any time.

City Bonds—
4b, A&O, $44,700

174,970
174,250

A&O,

Total valuation 1901 ....9,212,280

Assessment about 90 p. ct. actual.
10 25
Total tax (per M.) 1901
14,664
Population in 1890 was
Population in 1900 was. ...17,6^8

WM

$

is

In Clinton County.

LOANS—

When Due.

City Bonds—
$25,000

6s

4s, .....

-

Treasurer.

LOANS—

I

Refunding Bonds -

When Due.

Dec. 1, 1918
$25,000
1, 1910 4s
(8ubject to call after 1908 )
1,1903
Jan. 1,1907 Total debt Jan. 1, 1901.. $232,500
May 1,1915 Total valuation 1900.... 1,700,000
Assessment about *3 actual value.
7,358
Oct. 1,1903 Population in 1890 was
7,210
May 1,1904 Population in 1 900 was
July 1, 1910
July 1,1914

Nov.

,

5s,....,
4s,....,

-

10,000
25,000
25,000

,

Oct.

Water Loans—
$10,000
84,500
3^8, J&J, 8,500
19,500
4s
5s,
5s,

,

LUZERNE CO.—Fred.
Tbe county

C.

Kirkendall, Treas

seat is Wilkes-Barre.

When Due. Tax valuation, person'l.$2,306,571
LOANS.—
Total valuation. 1899.-30,751,468
County bonds—
4s, F&A. $37,500, g. .. Feb. 1, 1903 Assesment abt. 10 p. c. of act'l val.
1901 to 1907 County tax (per $1,000),'99 $7-50
70,000
Population in 1890 was... 201,203
payable in Wilkes-Barre.
Total debt Mar. 1, 1901. $107,500 Population in 1900 was... 257,121
28,444,897
Tax valuation, real
TAX FREE.—AH bonds of this county are exempt from taxation to
holders. The county pays a State tax of 4 mills.
4s

,

Int. is

LYCOMING

CO. — County seat

is

'

I

|

Williamsport.

When Due. Total debt Jan. 1, 1900.. $430,350
LOANS.—
Tax valuation 1899
20,757,190
Refunding Bonds
70,579
3*2, M&N, 2-5,000. .Nov. 1,*08 13 Population in 1890 was
|

abt. 70% actual value.
Boro. tax (per $1,000) 1899.$170O
Population in 1890 was
3,809
Population in 1900 was
6.736

MONONGAHELA.—Jos. A.
Monongahela
Washington County
is

Bryan, Mayor.

in

When Due. Total valuation

1900... $1,540,000
23 actual value.
Total tax (per$l,000) 1900.$23-00
Population in 1890 was
4,096
Population in 1900 was. . 5,173

Refunding Bonds—

Assessment about

3 V)8, $59,000.
1909 to '28
($2,000 in *09; $3,000 yearlvto'2n)
Bond, debt Mar. 1, 1901 .$59,000
School bonds (additionali 10,200

.

.

A/rr^Kror^TT' r^r^
iVlOLNx-CLJil. L/LJ.
County seat

is

—

FRED, EILENBERGER, Treasurer
8 L MOSIER, Clerk.

5

}

.

.

Stroudsburg.

When Due. Total valuation 1900.. $6,767,717
LOANS—
Court House Bonds—
Assessment same as actual value.
M&S, $66,600
48,
1909 Co. tax (per$l,000) 1900 .. $5-00
Subject lo

call.

Population in 1890 was
Population in 1900 was

I

Interest payable at Co. Treasury.

Bonded debt March 1,1901.$66,600

F SPIRR1NG, Mayor.

T r^r-Tl- XJ A
V rLJN.
LCJOirVrlA A7-XV1SJ — $JOS. HABERSTROH,

Tbis city

25,1" 8

9,000,000
Tax valuation, real
1902 Tax valuation, personal. 212,280

$141,250.... Apr. 1,
Subject to call at any time.
Water note, due Auk.. '01. #18,000
" Aug., '02 15 000
Interest paid at City Treas'r office.
Total debt Feb. 1, 1901... $218,950
4s,

1

Floating debt
9,200
Total debt Mar. 1,1901..
95,000
Total valuation 1899. ...2,170,480

LOANS—

Treasurer.

in

LOANS—

in

Bonded debt Mar.l, 1901. $85,800 Assessment

MONTGOMERY

CO.—D.

20,111
21,161

H. Hitner, Clerk.

County seat is Norristo wn.
Wheti Due. Tax valuation 1900... $81,922,100
LOANS—
Refunding County Bjnds—
State & Co. tax (per M.) 1900.. 600
A&O, $75,000... Apr. 1, 1920 Population in 1890 was.. ..123,290
I

|

3X28,

Subject to call after Apr. 1. 1910.
Total debt Mar. 1, 1900.. ..#75,000

W

lvrcxxr /^•act't XT'
L-AOlLli.
IN H,

—

5

Population in 1900 was... .138,995
I

CHARLES WARNE ROCK, Mayor.

c. JACKSON, City Clerk.
the capital of Lawrence County. In 1897 the boroughs
of West New Castle and Mahoning town were annexed to the city.
When Due. Total valuation. 1900..$13,225,00O
LOANS—
City Funding Bonds—
Assessment about % actual value.
4s, F&A, $24,000
Aug. 1 1906 County tax (per $1,000)
$350
Subject to call at any time.
City tax (per $1,000) 1900... 8 50
Sewer Bonds—
School tax (per $1,000) 1900. 7-00
Aug. 1, 1911 Population 1890 was
4s, F&A, $15,000
11,600
Subject to call after 1906.
(Sevf-ral boroughs annexed since
Street Improvement Bonds— 1890.)
Aug. 1,1904 Population 1900 (Census)... 28,339
4s, F&A, $40,000
Subject to call at any time.
School District Bonds— J. 8. West4s, F&A, $40,000
Ausr. 1, 1916
lake, Secretary.
3X28.
Subject to call after 1906.
$56.000
1919
4s, M&S, $25,000.... Sept. 1, 1917
(Subject to call after 1909.)
3x3s, F&A, $40,000 .Aug, 1, 19?0
4s, F&A, 35,000 ....Aug. 1, 1918
(subject to call after Aug. 1, 1903.) (Subject to call after Aug. 1, '10.)
3x3s, X&O. $18,000 -Oct 1. 1920
Interest payable at citv treasury.
Total debt Mar. 1, 1901.. $157,000 (Subject to oall after Oct. 1, 1910.)

This city

} j.

is

,

I

($40,000 yearly.)

A

Population in 1900 was

I

A "MOV CITY
IN W x wx x x.

TVT
T-T
iVJ.-tt.i-l.tt.

$

M

-

75,663

J LA.ENARD, Burgess.

iABNER

I.

MORRIS,

Sec. Coun'l

Borough in Schuylkill County.

When Due. Total debt Mar.

LOANS-

3. 1900.. $84,500
Floating debt
$2,103
Borough Bonds—
86,603
Sept. 1, 1908 Total debt Mar. 3, 1900.
4s, M&8, $2,500
2,177.082
Aug. 1,1909 Tax valuation 1899
4s, F&A, 10,000
1916 Assessment is 23 the actual value.
4s, J & J, 10,000
$17-00
1922 Total tax (per $1.000)
48, ..... 17,000
Popula ion 1890 was
11,286
(Subiect to call after 1907.)
Jan. 1, 1928 Population in 1900 was
13,504
4s, J&J, $45,000
Interest payable at Treasury.
(Subject to call Jan. 1, 1908.*
The bonds, except where otherwise stated, are all 5-15-year bonds
and are exempt from taxation.

TAX FREE.— Bonds are exempt from taxation.

NORRISTOWN.-Edwin
This borough

is

LOANS—

Borough Bonds—

Treas'r.

9,631,130
actual value.
Tax rate (per $1,000) 1900. $15-50
Population 1890 was
...19,791
Population 1900 was
22,265
Dist. Bonds- Geo. R. Kite.
School

Assessment about

$200,000.. Oct. 1,1927
(Subject to call after 1902.)

3X>8,

Refunding Bonds—
3s,

Metcalf,

Montgomery County.
When Due. Tax valuation 1900

the capital of

July

J&J, $160,000

1,

1930

Subject to call after 19' 5.
Bonded debt Mar. 1,1901.$360,000

23

1919

,*100.000

3*28

(Subject to call after 1909).

INTEREST is payable at the Borough Treasurer's office
TAX FREE— The refunding bond* are free of tax.

McKEESPORT.— R. andHitchens. Comptroller. NORTHAMPTON CO.-F. J. Maters, Treas.
Easton the county
has annexed the borough
Allegheny County
A..

—

.

.

McKeespuh-T School District

—D

P. Smith, Sec'y.

Allegheny County.
When Due. Sinking fund
$50,964
LOANS—
3X38,M&N,$100,ovu.p'rty'rlyto'27 Net debt June 6, 1900.
301.036
3128.M&N. 100,000. ..May 1, 1930 Asses'd valuat'n 1900.-15,750,000
Bond, debt Junee, 1900..$352,OOO School tax (per M.) 1900
650
This district

in

seated

in

.

'

I

|

MEADVILLE.—A. M
Ciawford County.
Ihis

Gundaker,

Comptroller.

city is in

When Due.

LOANS—

payable at City Treas'y.
Bonded debt Apr. 2, 1900 $199,600
Water Works Bonds—
Jan. 1,1929 Sinking fund
34,515
4s, A&O, $153,000
(Subject to call after Jan. 1, 1904.) Net debt Apr. 2, 1900.... 165,085
Total valuation 1900... $2,974,259
Bonds—
City
July 1,1907 Assessment abt. 50% actual value.
4-4s. J&J, $ri,000
July 1,1906 City tax (per $1,000)'99.
4s,
J&J, 10,000
$1100
July 1,1907 Population 1890 was
4a,
J&J, 22,000
9,520
Mar. 1,1916 Population 1900 was
M&8, 7,900
10,291
4s,
All bonds are subject to call. Bonds of 1907 and '16 free of State tax.

M

—

Interest

is

M. BROOMHALE, Treasurer.
h. TRICKEK, Clerk.
This borough lo In Delaware County
Int. payable by Borough Treas.
When Due,
LOANS—
Total debt Mayl. 1899.. $100,000
Refundino & Water Bonds—
2,334,577
3^8, M&N, $100,000.1904 to 1929 Tax valuation 1899
17-25
(On May 1, $5,000 in 1904, $10,000 Tot. tax (per $1,000) '99.
in 1909, $1 5,000 in 1914, $20,000 Population in 1890 was
2,736
In 1919 and 1924 and $30,000 Population in 1900 was
3,075

r;rMA
LVlrLDlJ\.

In 1929.)

S

C. D.

I

.

w

seat

is

of
This city is in
Reynoldton, assuming a banded debt of $25,5oo.
When Due. Water debt (included) ... $102,000
LOANS—
Floating debt
132,986
Funding konds
4X39, J&J, $42,000. .July 1, 1920 Total debt Apr. 2, 1900.. 528,086
48,M&-S$121,0008eriallytoSep,*17 Sinking fund
165,395
Net debt Apr. 2, 1900 ... 362,691
RR. Compromise Bonds—
J&J, $104,600. .July 1, 1906 Ass'd valuation 1900 ..15,650,818
68,
Assessment about ^ actual value.
Reynoldton Bonds—
1910 City&sch.tax(per M) 1900 $14-75
Water 4>«8, $9,500
1901-1914 Total tax (per $1,000) 1900. 17-25
Impt. 5-48,14,000
Population 1890 was
20,741
Water Bonds—
(Reynoldton Boro. and part VerJ&J, $75, 0O0*.. July 1,1911
58,
27,000... July 1,1904 sailles Twp. annexed since 1890.)
J&J,
5s,
Interest payable by City Treasurer. Population 1900 (Census).. 34,227
Bonded debt Apr. 2, 1900. $395,100
* The water bimds due in 1911 are subject to call on 60 days notice.
TAX FREE.—The Railroad Compromise bonds are tax exempt.

LOANS-

4s,

A&O, $100,000

Sinkingfund
Net debt Jan.

....10-20-years

$32,569
72,431

1, 1901...

Interest payable semiannnually Tax valuation, real
40,500,547
Tax valuation, person'l 8,064,800
at the County Treasurer's office.
Total valuation 1900. $48,565,397
Bonds are tax exempt.
$2-60
Bonded debt Jan. 1, 1901.$100.000 Co. tax (per$ 1,000) 1900
Floating debt
5,000 Population in 1890 was
84,220
Total debt Jan. 1, 1901.. 105,000 Population in 1900 was
99,687
.

nTT p. TTV
wll-i vli I

JOHN M. REED, Mayor,
— $w. H. WISE. pays
Venango
<

.

Treasurer.
County. City
State tax on bonds.
When Due. Total debt Jan. 1, 1901 . $79,000
LOANSSinking fund assets
Strket Bonds—
36,380
3S.M&N. $7,000 Nov., 1905-1911 Water debt (included)...
54,000
Tax valuation, real
2,560,800
City Buixding Bonds—
4s, M&S, $14,000.. Sept. 1, 1901 to Total valuation, person'l. 246,400
Sept. 1, 1914 Total valuation 1900
2,807,200
($1,000 due yearly)
Assessment is *a actual value.
City Bonds—
4s, M&S, $4,000.... Sept, 15, 1903 Total tax (per $1,000) 1901.$38-0O
Population in 1890 was
10,932
Water Bonds
Sept. 1, 1901 Population in 1900 was ...13,264
5s, M&S. $3.000
Sept. 1, 1902
5S.M&S. 36.000
May 1, 1905
4s, MAN, 15,000
INTEREST on the Water 5s is payable by Townsend, Whelen&Co.,
Philadelphia; on all other bonds in Oil City.

This city

is

in

.

I

'

|

I

I

PERRY CO.— W.
New

D. Messimer, Treasurer.

Bloomfleld is the county seat.
Bonded debt Jan. 1,1901 $118,288 State & co., tax (per M) 1900.$9-0O
26.276
Total valuation 1900. $7,917,790 Population in 1890 was
Population in 1900 was
26,263
Assessment about actual value.

DT-JTT A T~\T7T 13X11 A
r'nlLAUriLrnlA. —

J

\

8.

H.

AS ABRIDGE, Mayor.

JOHN M.WALTON, Comptrol'r.

Philadelphia, co-extensive with the county of the same name, is the
third city of the United States, has an area of over 130 square miles,
and includes a number of places which have almost the character of
separate towns. The county is under city control and has no separate
debt. In the following table the various issues of bonds under the
general heads, Taxed City Loan and Untaxed City Loan, are given in
the order of their dates of matuntv.
The long-continued litigation over the issuance of the $11,200,000
bonds voted Nov. 7, 1897, waa conoluded May 15, 1899, by a decision
of the Supreme Court confirming their validity. One half the bonds
was issued July 1, 1899, and $2,800,000 on July 1, 1900. An Issue of
$12,000,000 was authorized at the election held Nov. 7, 1899. for the
Improvement of the water supply. At this date (April 1, 1901), 3 millions have been issued.

PEWNSYJ-VMIA—CITIES >*NJ> TOWNS,
—
nr-rTCOTTDr — 5WILL1AM DIEHL, Mayor.
1 1 SJLSUr-tLx.
LEWIS, Comptroller.
JJOS.

April, 1901.

LOANS -

-Principal.
Outstand'g.

-Interest.

When Due.
Rate Payable
MAME AND PURPOSEsDec.31'01tol904>
New funding loan, series

8toY

Three p.
series

J

1879 4
ct.

loan,1890-91,

AtoT

M

3

j

...1893

>

J

...1894

3*2

J

do

..1895

o
a

do

...1896

3^ J &

do

...1899

312

J

do

...1898

3

J

do

...1900

do

...

do

Refunding loan. ..1894
do
..
do
do
do
1897
do
do

Subway loan

do

J

Refunding loan.
do
do
do
do
do
do

&
&
&

|

{
..

3
<
'•

3"s

J &

J

.1895

3**
3i2

$50,000 yearly,
Dec. 31, 1924
Deo. 31, 1924

3ie
o,

<

*?

<

3

J

Consolidated
do

6

J
J

6

Untaxed City Loan—
Water. No. 46
Guaranteed gas, No.

7.

& culv'ts.No. 48.

J
J
J

6
6
6

Fairm't Bridge, No. 49.
School, No. 50
Fire purposes, No. 53. .

6
6
6

GirardAv.,Bdge,No.51
Park.No. 3
Water, No. 54
Centennial, No. 55
Iceboat, No. 56

6

House

of Corr'n,No.57
School, No. 58

Guaranteed

gas, No. 8.

Bridge, No. 60
Sewers. No. 61
Bridges, No. 60
Sewers, No. 61

Twelve million

J

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

6
6
6
6
6
6
6
6
6

>

4,100,000
2,400,000

J

Jan.

J

July

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
& J

July
Jan.
Jan.

July
July
Jan.
Jan.
Jan.
Jan.
Jan.

July
Jan.
Jan.
Jan.

July
July
July
July

1,
I,

1,
1,
1,
1,
1,
1,
1,
1,
1,
1.
1,
1,
1.
1,
1,
1.
l,

1.

2,400,000

5
J

900,000

J
t

950,000
44,000

s

5,000
1,000
650,00©

)
J

1,000,000

1904
1904

31,100
1,400

1901
1902
1902
1902
1902
1903
1903
1903
1903
1903
1903
1904
1904
1905
1905
1905
1905
1905

2,122,000

500,000
425,000
200,000
1,000,000
200,000
2,138,000
1,800,000

970,000
500,000
225,000
450,000
1,000,000
1,000,000
335,000
499,400
335,000
499,400
3,000,000
2.J.195

40,520
14,000

PAR OF BONDS— Bonds are in pieces of $25, $50, $100 and $1,000
INTEREST payableby Farmers' & Mechanics' Nat. Bank,Phila.,Pa.
TOTAL DEBT, SINKING FUNDS, ETC.-The subjoined statement

shows Philadelphia's total municipal debt, and the sinking fund held by
the city against the same, on the dates mentioned. [By a decision of
the Supreme Court of Pennsylvania, filed May 31, 1894, it is held that,
within the meaning of the word "Debt" in Section VIII, Article IX,
•of the Constitution of Pennsylvania, the real debt of the city is the
authorized debt less the amount of the city certificates purchased and
uncanceled in the sinking fund.]
Jan. 1, 1901.
Jan. 1, 1900. Jan. 1, 1899.
Bonded debt
$54.919 595
$55,413,145
$51,241,295
Outstanding warrants
1,329.085
1.216,787
1,583,738
Total debt
$56,772,*oO
$5675037333
$52,451,082
Oity loans held in sink. fds. 12.26-t.050
15,561,200
16,078,000
Net debt on dates named.. $44,235,283
$41,211,030
$36,380,082
The city sinking fund held on Jan. 1, 1901, in addition to the loans
given above, assets amounting to $917,957 2 5. The cash on hand in
the city treasury on that dale was $11,389,783 54.
The amount of bonded debt redeemed by the Sinking Fund Commission
during the year 1900 was $6,339,750. Among the assets held by the
•city are 22,500 shares of Sunbury & Erie Railroad stock, par value
$100 per share, or 45,000 shares of Philadelphia & Erie Railroad stock,
par value $50 per share, market value $30 per share.

CITY PROPERTY—The real estate owned by the city Jan.
at $58,413,394,

an increase over that of Jan.

1,

1901,
1900, of
1,

$1,059,400.

ASSESSED VALUATION, ETC.-The

following shows the annual
payments to the sinking fund, amount of bonded debt and outstanding
warrants, assessed value of property, and the tax rate, for years indicated. Property in this city is assessed at about 80% of its actual value.
Paym'ts to Total Municipal Assessed real and Tax rate.
Years.
Sink. Fund.
Debt Jan. 1.
Personal Valuat'n. per$l,000.
1901
$18-50
$1,268,756
$56,503,333
$894,628,974
1900
18-50
1,022,114
56,772,230
880,935,265
1899
18-50
775,192
52,458,082
864,516,035
1898
18'50
794,556
58,107,928
842,330,700
1897
368,860
55,054,930
1850
818,827,549
1895
419,260
1850
55,168,028
782,677,694
1890
602,590
56,777,370
1850
688,713,518
1885
660,986
64,131,362
1850
597,785,428
1880
806,605
72,264,595
2000
536,667,834
18<5
785,899
21-50
64,390,463
575.283,968
1870
519,197
45,093,247
1800
479,776,643
1865
329,340
32,763,899
2800
159,119,928
I860
173,737
21,356,759
2000
155,697,669
1855
81.665
........
.......
1500
POPULATION— In 1900 (Census) was 1,293,697; in 1890 was
,
1,046,964; in 1880 it waa 847,170; in 1870 it was 674,022.

PHOENIXVILLE.- Horace Lloyd,
This borough

LOANS—

is

Due,

— Interest. —

NAME AND PURPOSE—

Treas'r.

Total debt Feb. 21, 1901 .$173,500
Water Bonds—
Floating debt
12,000
4-4s, A&O, $169,000, .Apr. 1, 1914 Tax valuation 1 90 1
3 ,000,000
Subject to call after Apr. 1, 1899 Assessment about 3« actual value.
Interest payable at Phcenlxvllle.
Total tax (per $1 ,000) 1901 .. 12-50
Population in 1890 was
8,514
Population in 1900 was
9,196

*
Principal.
Outstand'g

>

When Due.

Rate. Pay'ble.

City building bonds, refun.c&r 5
A & O Apr. 1, 1910 $170,000
corr 4
Free bridge bonds
& N May 1, 1925*1,350.000
Subject to call 1-10 every 3 years.

M

Funded debt bonds

&

J

do
do

do
do
Funded debt improv. bonds
do
do
do
do
do
do

J
J
J
J
J

J July
J July
J Jan.
D June
D June

D

3>4

r

4
4

A & OI
D
D

J
J

1,
1,
1,
1,
1,
1,

June
C
(

1909
141,000
1909
359,000
1912
121,000
1913
80,000
1913 1,323,000
1912
77,000

Apr. 1 03-30
> 7,000,000
$700.uuu
00.000
every 3 years
Dec. 1, 1915
53,000
Dec. 1, 1915 3,681,700
Apr. 1, 1910
25,000
Oct. 1, 1904 g.210,000
May 1, 1925 *1,575,000

do
do
Market bonds, refunded
A
r 5
O
Municipal consol. bonds
A
r 6g
O
Public Park bonds
c&r 4
N
&
Subject to call 1-10 every 3 years.
Public Safety bonds
May 1, 1925
c&r 4
Subject to call 1-10 every 3 years.
Boulevard bonds
<& N
May 1, 1925
r 4
Subject to call 1-10 every 3 years.
Railroad scrip
4&5
Railroad compromise bonds o 5
J Jan. 1, 1913
J
do
do
J Jan. 1, 1913
do ..r 5
J
do
do
do ..c 4
J
J Jan. 1, 1913
do
do
do ..r 4
J
J Jan. 1. 1913
Water bonds
r 6
J
J Jan. 1, 1908

M

MAN

*450,000

M

*400,000

. .

M & N May 1, 1925

corr 4

do

501
862,000
967,400
217.000
136.300
$300,000
*1, 800,000

Subject to call 1-10 every 3 years.

Refund. Water extens'n loan.. r 3*2
|ooOy'rly Apr* !* \ 693 000
East Birmingham funded
Mar. 15, 1918
62,000
4
(o) Coupon bonds.
(r) Registered bonds.
(g) Payable in gold.
* These issues form parts of the $6,250,000 loan authorized in 1895,
and the amounts here given represent the portion thus far issued.
PAR VALUE OF BONDS.—Bonds are for $100 and multiples.
TAX FREE. All issues of this city's bonds are exempt from taxation
except the refunding water extension loan and the 3 4% loan of 1900.
NTEREST is payable at the City Treasurer s office in Pittsburg, al
the Bank of America in New York and at the Pittsburg Trust Co.
'

—

I

TOTAL DEBT, SINKING FUND, EtcFeb. 1,1901. ^on.1,1900.

Total
(incl.

bonded debt
$
water bonds) 22,146.701

8inking funds

Feb. 1,1898.

Feft.1.1899.

$

$

15,236,701
4,584,867

4,775,908

$
15,331.202
4,058,245

16,962,902
5,391,222

Netdebt
17,370,793 10,651,834 11,272,956
11,571,680
The sinking fund receives yearly $800,000 from appropriations and
investments.

DEBT

LIMITATION—Pittsburg's debt is limited by State Constitution to 7 per cent of the assessed value of real estate.
ASSESSED VALUATION.—The city's assessed valuation (estimated
at about cash value) and tax rate have been as follows
Assessed Valuation.
City Tax
Tear.
Real.
Personal.
Total.
per $1,000.
•

>

1901
$347,988,437
$4,594,355
$352,582,792
1900
320,393,^34
1,866.130
3*2,255,364
$1700
1899
315,521,713
1.821,878
317,343,591
1500
1898
15-00
310,576,437
312,478.721
1,902.284
1897
293,368,242
1300
1,948,020
295,316,262
1896
12-00
286,497,437
1,988,985
288,486.422
1893
273,390,506
11-00
2,259,660
275,650.166
1890
198.580,267
1,873.359
200.453.626
1500
1885
108,530,608
3,000,000
111,530,608
1300
1884
105,404,720
1,838,258
107,342,978
1600
For the year 1901 the assessed valuation of real estate includes the
valuation of property to the amount of $133,432,006 which paid a rural
tax (two-thirds of full tax), and $10,430,577 which paid a so-called
agricultural tax, or one- third of the full tax rate. The taxable valuation

making some slight deductions for
$301,151,729.
POPULATION.— In 1900 population was 321,616; in 1890 it was
238,617; in 1880, 156.389; in 1870, 86.076.

of all property for 1901, after

exemptions,

18

Pittsburg School Districts
Sec. Central

BM

01

— Chas.

Reisfer Jr

,

Education.

The various sub-sobool districts of Pittsburg have an indebtedness
from that of the city proper. We give below their
bonded debt on February 1. 1900, aggregating $1,684,000, and the as-

entirely separate

sessed valuation of each for 1899.

Assessed

Bonded
Debt.

Allen Sub School District— 31st Ward
Keltzhoover Sub-School District— 38th Ward
Brushton Sub-Sohool District- 37th Ward
Colfax 8ub--chool District— 22d Ward
Forbes 8ub School District— 6th Ward
Franklin Sub-School District— 7th <fe 8th Wards..
Hiland 8ub-8chool District- 19th Ward
Homewood Sub-School District— 21 st Ward
Howard Sub-School District- 16th Ward
Liberty Sub School District— 20th Ward
Lincoln Sub-School District— 2 1st Ward
Luckey Sub-School District— 35th Ward
Minersville Sub-School District— 13th Ward
Moorhead Sub-School District -11th Ward
Mt. Albion Sub-School District— 18th Ward
Mt. Washington Sub-School District-32d Ward.
Oakland Sub School District— 14th Ward
Peebles Sub-School District— 23d Ward
Riverside Sub-School District^-34th Ward
Sterret Sub-Scbool District— 22d Ward
8t. Clair 8ub-8chool District— 27th Ward
Steven s Sub-8chool District- 36th Ward
Washington Sub-School District— 17th Ward. ..
Wickersham Sub-School District— 24th Ward....

PITTSTON.— K.
This city

in Chester County.

When

situated in Allegheny County.

is

LOANS—

Improvement bonds

2,720,000

water loan
Dec. 1930
1900 3
J & J
Registered loans overdue and yet outstanding
Non-registered loans overdue and yet outstanding
Non-registered coupons overdue and yet outstanding

was valued

This city

City bonds, loan of 1900

2,800,000

$50,000 yearly.

J

E.

5,600,000
1,306,000

71

J.

l-'l

2,000,000

2,084,000
16,000

Dec. 31, 1924
1907-1926. $32,500
annually on Dec. 1.
Dec. 31, '02 to '21

J
J
J
J
J
J
J
J
J
J
J
J
J A J
J & J

6
6

875 000

\

Dec. 31, 1904*23)
$136,000 due yrly $
Dec. 31, 1904 '10
Dec. 31, 1904
Dec. 3, 1911-1918 )

Dec. 31, 1905-'23

to T. 1892

Taxed City Loan—

fefo'ooyearl?:

I $300,000 yearly.
(Dec. 31, 1919-'21
I $300,000 yearly.

3H

.

J

JDec. 31, 1904-'23)
? $205,000 yearly. S
(Dec. 31, 1905-'24>
) $120,000 yearly. 5
1905-24)
J Dec. 31, yearly. S
$100,000
Dec. 31,1908-17)
J 5 $560,000 yearlv.
(
$
Dec. 31, 1908-'27 (
J
$65,300 yearly. 5
S Den. 31. 19l8-'22 )
J * $560,000 yearly. $

....

do
do
do

2,625,000

T
J

5

3>s
3ia

4,370,000

Deo. 31, 1918-'22

J

313

do
do
.1897
Reservoir loan, series A

Police

&
&

1898

do

$1,600,000

& J I $400,000 yearly. J
Nov.l,1901to'19>
& N $230,000 yearly.
T)
& d Dec. 31, 1903- 17)
$175,000 yearly.

4

do

)

:

;

is

in

LOANS—

E.

Hankee,

Luzerne County.
When Due.

Paving and Sewer Bonds—

4J38,

J&J, $33,300.. .Jan.

15, 1918
Subject to call after Jan.15, 1900

Bokouoh Bonds—

$14,000
Bonded debt Mar.
Floating debt
4s,

1,

1900. .$47,300
7.300

$50,000
13 000
95,500
34.000
33.000
80.000
78.000
50,000
108.000
162,000
87.000
39,000
126.500
21,000
97,000
45,000
205.000
116.(00
20 000
120,000
45.000
43 ,000
5,000

11000

Valuation
1899.
$2,w96,487
90., 625
2,351,f>79

6,435,048
6,223,112
6,234,920
20.236,828
7,847,727
6,765,469
34.221,667
8,489,603
1,859,927
8.333.933
5.257.301
7,176,047
4,228,595
22,308,170
8,873,051
1,310,527
12.321.653
3.340,447
1 ,699,502
8.487,671
3,806.168

Treasurer.

Total debt Mar.
Sinking fund

Netdebt Mar.

1,

1,

1900.

1900...

$54,600
12,500
42.100

Tux valuation 1899

1.388,720
H actual value.
Total tax (per $1,000) 1899.$5650
Population 1890 was
10,302

Assessment about

Population 1900 was

TAX FREE— All bonds exempt from taxation.
INTEREST is payable at the Treasurer's office, Plttston

12, ~>r>6

—

—

:

72

ST#T£ £N3) CITY SUppiEWENT.

POTTSTOWN.-Jno.
Tins borough

in

is

LOANS—

W. Healy, Treasurer.
Montgomery County.
When Due. Assessed valuafn 1900.$5,500,000

3^8, A&O,

Assessment about 23 actual value.
Tax rate (per M.) 1900
$1400
13,285
Population 1890 was
13,696
1901. $55,000 Population in 1900 was

$55,000.... Oot. 2, 1929
(Subject to call part each 5 years.

V. 6S, p. 819.)

Bondea debt Mar.

1,

POTTSVILLE.-S.
This borough

is

LOANS—

M. Mortimer, Treasurer.

in Schuylkill County.
When. Due.
Bridge
|

Funding Bonds—

4s,

Bonds—

J&D, $7,000

1901-1908

May 1,1911
M&N, $33,000
Int. is payable at Boro' Treas'y.
Engine House Bonds—
Bond, debt Mar. 5, 1901. $107,000

4s,

1913 Sinking fund
3,360
6,333,259
1904 Tax valuation 1900
Refunding Bonds—
Assessment about ^ actual value.
1929 Total tax (per $1,000) 1900.$21-50
3^8, ...,$54,000
14,117
Population in 1890 was
(Subject to call after 1909.)
15,710
Population in 1900 was
The bonds due in 1911 are subject to caU after five years from date
of issue those due in 1913 after 10 years. AU are exempt from local
4s

,

$5,000

.,

4a,

2,000

;

taxation.

PUNXSUT A WNE Y.borough
This

LOANS

Jan. 1.1927
(Optional after Jan. 1, 1905.

F&A, $5,000

Aug.

(Optional after Aug.

1,

1927

1,

1905.)

J&D, $9,C00...June 1904-1924
Street Improvement Bonds—
1903-1921
4s, J&D, $15,000
4b,

VALUE

-

Jan. 1, 1928
(Optional after Jan. 1, 1903.)
Bonded debt Mar. 1, 1901. $55,000
1,483,694
Total valuation 1900
Assessment about 23 actual value.
$17-00
Total tax (per M.) 1900
Population in 1890 was
2,792
Population in 1900 was
4,375
4s,

$4,000. July, 1903 to '20

Paving Bonds—
4s, J&J, $8,000
4s,

8

J&J. $14,000

of city property, $9,773.

INTEREST on paving bonds payable at Borough Treasurer's

office,

and on the refunding bonds at the First National Bank, Punxsutawney.

oca

MOLL,
— JCHAS.LINDEMUTH,
County
Berks

This city

is

the

Comptroller.
City Clerk.
County.

L.

T^TTVrr""
JreJi.>\.UllNO-.

}e. L.

seat of

When Due.
LOANS—
Ref'b'g Water B'ds— (Con.)
4s, J&J, $200,000
July 1, 1920

When Due.

LOANS—

Funding Bonds—
Apr.
A&O, $99,000
Refunding Bonds—
4s, A&O, $200,000.... Apr.

4s,

1,

1903

1,

1918
1898
1913

Subject to call af r Apr. 1,
4s, A&O, 100,000. . .April 1,

Optional after April

Water Bonds—

Paving Bonds—

($40,000 ev'ry fifth year on Feb.
4s,
4s,

Jan. 1.1902
Jan. 1,1912
(Subject to call Jan. 1, 1907.)

4s,
4s,

Jan.

J&J, $125,000

1903-1923

J&J. $100,000

1)

1902-1922

($20,000 every fifth year on July 1.)

J&J, $75,000
J&J. 75,000

A&O, $100,000

1904-1924
($20,000 every fifth year on Apr.l.)

4s,

Refunding Water Bonds—
48,

A&O. $100,000

I.)

($20,000 every fifth year on Apr.

1903.

1,

,$200,000....1902tol922

4s,

(Subject to call Jan. 1, 1904.)
INTEREST is payable at the office of the City Treasurer.

do
do
....1886
Municpal improv'm't.1891
do
do
1891
do
do
....1891
do
do
....1891
Funding loan
1886
do
do
1886

4

Apr. 2, 1900. Apr. 3, '99. Apr. 4, '98.
Bondeddebt(including water debt).$l,355,000 $1,471,500 $1,371,500
Sinkingfunds
69,133
146,063
82,928
$1,285,867

$1,325,437

$1,288,572

above)... $456,000
$513,500
$532,500
FREE.—All issues of the city's bonds are exempt from taxation.
The city owns its water works, valued at
CITY
$1,838,660, real estate worth $902,900, and other property to the
amount of $206,448 making a total of $2,948,080.

TAX

PROPERTY.—
;

ASSESSED VALUATION.—The

city's assessed

valuation (about
wo-tnirds of cash value) and tax rate have been as follows
Total Ass'd Rate of Tax
Total A ss'd Sate of Tax
Valuation per $1,000. Tears.
Tears.
Valuation, per $1,000.
$43,394,592
1891
1900
$14-50
$40,130,240
1450 1890
42,575,845
1899
9-45
26,527,133
43,000,000
1898
1889
24,047,503
12-50 1880
42,000,000
1894
17,969.908
POPULATION— In 1900 (Census) was 78,961; in 1890 it was 58,
661; in 1880 it was 43,278 in 1870 it was 33.930.
;

Beading School District.

—A.

E. Hoover, Treas.

This district, comprising the city of the same name, is in Berks
County.
When Due. Bonded debt Apr. 1,1900.$147,000
LOANS—
1901 School tax (per $1,000) '99 $4-00
4ft, F&A, $22,000
1903
For assessed valuation, popula4s, A&O, 25,000
19-29 tion, &c, see city of Reading.
3»28, F&A, 35,000
April 1, 1930
3»«8, A&O, 65,000.
(Subject to call after April 1, 1905.)
.

.

SCHUYLKILL CO.
is

LOANS—

1,
1,

Bond, debt Apr. 1. 1901 $498,900
Total valuation 1901. .49.136,772
County tax (per $1,000) '01..$7-00
Assessment abt. 60 p.c. actual val.
Population in 1890 was... 154,163
Population in 1900 was... 172,927

Total municip. debt. $725,862
Less sinking funds, &c. 290,385

Net debt

Bridgeloans
do
do
do
do
do
do

<

1894 4^ J
1894 413 J
1894 4ifl J
1894 413 J

$598,644

$506,102

An attempt

.

&
&
&
&

D
D
D
D

.

June 1,
Junel,
Junel,
Junel,

1904
1909
1914
1919

-

$531,711

Personal

Estate.

Property.

$21,645,212
20,423,078
19,529,803

1899
1898
1897
1896
1895
1892
1890
1880

$1,348,965
1,714,605
*1,347,300

:

Tax
per $1,000.
$41-30
$22,994,177
22,137,683

Total Assessed Rate of

Valuation.

33-80
20,877,103
20,186,713
1,021,540
34-60
19,619,304
27-63
1,067,385
*18,612,773
*1,189,540
16,385,834
97,934
4,680,805
"This amount includes occupations as weU as other personal property
POPULATION—In 1900 (Census) was 102,026: in 1890 it was 75,215; in 1880 it was 45,850; in 1870 it was 35,092.

18,597,764
17,545,388
15,196,294
4,582,871

SEWICKLEY.
This borough

in

is

LOANS—

IJ. C.
!J. A.

CHAPLIN, Chairman

KNOX, Clerk.

Com.

Fin.

AUegheny County.
When Due. Bonded debt Apr.l, 1901. $96,500

Street Imp. Bonds—

Water debt (included)

4^8, F&A, $3,500

Floatingdebt

Var.

75,000
31,466

any time) Total debt Apr. 1, 1901. 127,966
Street and Sewer Bonds.
Tax valuation 1 899
3,140,355
1903
4-9s, ....$18,000
Assess't ab't 23 actual value.
(Subject to call at

City tax (per $1,000) 1900... $6-50
Population in 1890 was
2,750
Population in 1900 was
3,568
INTEREST is payable at the First National Bank of Sewickley.
CITY PROPERTY.—The borough owns a water plant and other
available assets amounting to about $150,000.
I

A&O, $60,000
A&O, 15.000.

1903
1905

Apr.

1,

I

I

SHAMOKIN.— William Thomas, Burgess.
This borough

in

is

Northumberland County.

LOANS—

When Due. Total debt Jan. 1, 1899.. $134,000
Borough Purposes—
Tax valuation 1899
1,629,067
4^8, M&S, $10,000... Sept. 9, 1905 Assessm't about 10% actual value.
1901 to Total tax (per $1,000)
A&O, 63,000. Oct. 15,
4s,
$72-00
($2,000 yearly to '08, Oct. 15, '28
$2,200 to '18, and $2,500 to '28.)

Funding Bonds—

4*28,

M&N,

4^8,

M&S,

School District

$6,000... May 18, 1903
1,000... Sept. 9, 1905

4s.
4s.

M&N,

4b,
4s,
4s,

J&J, $2,500

Population in 1890 was
Population in 1900 was

6,000...Nov.l6,1904
2,500... Sept. 9, 1905

M&S,
Refunding Bonds—

3Hs,

14,403
18,202

Bonds—

,$12,000

1911

(Subject to call after 1904.)
1930
3»s8, semi-an.. $21,500
(Subject to call after 1905.)

3ks

Jan. 23, 1904

1907

,$7,000

(Subject to call after 1903.)

M&N,
M&N,

4,000.... Nov. 9, 1904
10,000.... May 1, 1905
on the above securities are aU paid by the borough.
AU of the borough's bonds except the $65,000 issue
are subject to caU after five years from date of issue.
E REST is payable at the office of the borough treasurer.

TAXES
OPTIONAL—
I

NT

SHARON
This borough

Malin Ewing,
When Due. Tax

LOANS——

$95,000.... Nov.

1,

1915

Bonds are tax exempt.
Total debt Mar.

aluation 1900
$2,848,157
is % actual value.
Boro' tax (per M.> 1900.
$12-00
v

Assessment

Refunding

M&N,

Secretary.

in Mercer County.

is

1,

1901.... $95,000

Population in 1890 was
Population in 1900 was

This

is

7,450
8,916

Ayers, Treasurer.

in

When

5s,

Electric Lights—
M&N,$11,000. .$1,000 yearly
M&S, $33,000.. .$2,500 yearly Total debt Apr. X, 1899. $157,500

4s,

A&O, $62,000

LOANS.
Water Bonds—

Sewer Bonds—

due.

5s,

1907-1919

($5,000 annually.)

A&O, $60,000

Oct.,'08.'19

bonds in

. .

Total valuation 1899... 3,088,760
Assessm't about 60% actual value.
$13*25
Total tax (perM.) 1898
Population in 1890 was
4,898
Population in 1900 was
6,842
is

payable in Philadelphia; on the

Pittsburs-.

TAX FREE.—AU bonds are exempt from taxation.

to place

—

$674,412
142,701

assessed valuation (about one-

and tax rate have been as follows

Real
Tears.

electric

This city is in
$135,000
3** per cent bonds on the market has thus far failed. The bonds were
sola Aug. 16, 1 00, but were afterwards refused by the purchaser on
the (-round that the eleotion was illegally conducted. V. 71, p 1084.
A second attempt to sell the b >nds Dec. 6, 1900, resulted in only two
bide, which were rejected. V. 71, p. 1236.
Interest.
Principal.
When Due.
Outstand'g.
Rate. Payable.
NAME AND PURPOSE.

LOANS—

$677,005
170,903

ASSESSED VALUATION—The city's
third casn value)

(8ubjectto call after 1908.)
INTEREST on the water bonds

C.

Lackawanna County.

22,000
23,000
22,000
23,000
15,000
15.000
25,000
30,000
10,000
34,000
34,000
38,000
38,000

assets, on Apr. 2, 1900, consisted of bonds of the
redemption loan series of 1893, amounting to $104,000, park bonds
amounting to $10,000, $128,036 cash in the sinking fund, $29,349 cash
in the city treasury and $l 9,000 delinquent taxes.

4s,

(

,.„„»

July 1, 1907-'16)
$3,500 yearly. {
Dec. T, 1901
Dec. 1, 1906
Dec. 1, 1911
Dec. 1, 1916
July 1, 1901
July 1, 1906

$847,185
248,541

$435,477

The above-stated

Street Improvement—

MOIR, Mayor.
~~~ ANTON. — <E. HOWELL, Comptroller.
SCR -^Tr^^v^T JAMES
A. HARTLEY, Deputy Comptroller.
/

J
I

J&J
J&J
F&A
F&A
J&J

S.

taxation.
Interest payable in Pottsville

(Subject to call Jan. 1, 1901.)
Sept. 1, 1921
3s, M&S, $32,800
(Sub), to caU after Sept. 1, 1901.)
.

4

D
D
D
D

:

SHARPSBURG.— H.
Allegheny County.
borough

When Due. AU bonds exempt from

$117,000.... Apr.
Optional after Apr.

4*a
413
413
4^2

J

I

Pottsville.

1914
1899
Oct. 1,1916
4s, A&O. $75,000
Subject to call after Oct. 1, 1906
July 1, 1919
3e, J&J, $200,000.
(Subject to call July 1. 1899 )
Jan. 1.1921
3s, J&J, $74,100
4s,

~ HARRY MULDOON, Cont'ller.
G. A. DOERFLINGER, Treas.
<

J*

&D
&D
&D

4s,

County seat

&
J &
J &
J &
J &
J &
J

4
Municipal building. ..1890 4
Feb. 1, 1905
do
do
...1890 4
Feb. 1, 1910
Park bonds
1900 4
Jan. 1, 1908
Redemption bonds... 1893 413 J & D
Junel, 1903
do
do
...1893 4% J
Junel, 1908
do
do
...1893 413 J
Junel, 1913
do
do
...1893 413 J
June 1, 1918
TAX FREE.— AU bonds issued by this city are tax exempt.
TOTAL DEBT—The subjoined statement shows Scranton's indebtedness on the dates mentioned.
Apr.2,1900.Nov.l,'99. Apr. 4, '99. Apr. 4, '98.
Total bonded debt
$628,000
$638,000
$640,000
$642,000
Floatingdebt
97,862
209,185
37,005
32,412

5s,
4s,

TOTAL DEBT.-

Net debt
Net water debt (included

<

4

-Principal.Outstand'g.
July, '01 to 1906 )
*, „ nnrt
$2,000 yearly. \ *i^,00O

When Due.

Rate. Payable.

Water Bonds—

1919

1,

Interest-

.

City improvement.. ..1886

Refunding Bonds—

When Due.

Sewee Bonds—
,

S^lSSS ?fgSs£S?'

in Jefferson County.

is

4s

{

LOANS-

NAME AND PURPOSE.

LXXII

Vol.

$90,000
50,000
50,000
60,000

SHENANDOAH.—
Shenandoah
is

in Schuylkill County.

LOANS-

Refunding Bonds—

When Due. Water debt (included)... $126,500
Tax valuation 1899
2,428,987

Assessm't about 30 p. c. actual val.
$35-00
Total tax (per $ 1 ,000)
1923 1924 Population in 1890 was
15,944
5s, J&J, $126,500
Total debt Jan. 1, 1901.. $151,500 Population in 1900 was .... 20,321
OPTION AL.—All above bonds are subject to call at any time
TAX FREE.—All bonds free of tax to holders.
4s,

J&J, $2*>,000

Water Bonds—

1926

M. Langworthy,
SHERADEN. —H. County.
Allegheny
This borough

Treasurer.

When Due. Assessm't about 75% actual value.
5s, F&A, $40,000. ...Aug., 1900-16 Tax rate (per $1,000) 1899.$12-50
Population in 1900 was
2,948
(Various amounts yearly.)
School District Bonds. — G. F.
1902-1927
4s, A&O, $30,000
Smith, Secretary.—
For amount due j early see V. 67,
1905-1930
4s, F&A, $40,000
p. 550.
For dates of maturity see V. 71,
Bonded debt Jan. 1, 1900..$50,000

LOANS—

Floating debt (additional). 12,000
Assessed valuation '99 1,621,410

p. 306.

. .

SOUTH BETHLEHEM,
Northampton
borough

-Thos. G-aney, Clk.

County.
When Due.
Market Bctldikg Bonds^
LOANS—
June 1, 1909
Permanent street Imp. Bonds. 4s, J&D, $15,000
Apr. 1,1919 4s, J&D, $24,000.. June 1, 1909-19
4s, A&O, $15,000
"
Apr. 1. 1920 Bonded debt June 1,1900.$158,500
4s, A&O, 15,000
July 1. 1921 Tax valuation 1900
5,183,050
4s, J&J,
5,000
July 1, 1922 Assessment abt. 66 p. c. act. value.
4s, J&J, 15,000
Total tax (per $1,000) '98.. $18-10
Redemption Bonds—
Aug. 1,1916 Population in 1890 was
10,302
4s, F&A, $69,500
Population in 1900 was
13,241
OPTIONAL.—The $15,000 of market building bonds are subject to
call ten years from date of issue, at the option of the borough all
other issues fifteen years.
is

in

;

DRUMHELLER,

SUNBURY.- \J:
* I.

E.
T. C.

DISSENTER,

Chief Burgess.

Clerk.

This borough is the county seat of Northumberland County, The
borough of East Sunbury was annexed March 3, 1896.
Bonded debt Mar. 1, 1901. $52,000 Assessed valuation 1900.1,420,000
Floating debt
12,000 Assessment about 's actual value.
Total debt Mar. 1, 1901... 64,000 Tax rare (per $1,000) 1900. $52-00
5,930
Sinking fund
23,000 Population in 1890 was
Net debt Mar. 1, 1901
9,810
41,000 Population in 1900 was

TARENTUM.-F.
This borough

is

in

LOANS—

Building Bonds—
6s,
6s.

M&S, $1,800
F&A, 1,500

Bonds—

M&S, $29,000

Sept. 14,

Electric-Light Bonds—
M&S, $39,000

Floating debt
10,000
Assessed valuation 1900.1,761,625
Assessm't about 70% actual value.
(Subject to call.)
Sewer Bonds—
Total tax (per $1,000) 1900.$28 00
5s, M&S, $10. 000.... Sept. 1, 1928 Population in 1890 was
4,627
Population in 1900 was
(8ubject to call Sept. 1, 1908.)
5,472
INTEREST is payable at the National Bank of Tarentum.

5s,

1922

TIOGA COUNTY.— Richard H.
County
seat

is

Smith, Treas

Wellsboro.

LOANS—

When Due,

Tax valuation, real... $13,929,615
Tax valuation, pers'nal 1,289,365

J&J, $97,000... Jan. 1, 1923
Optional at any time.
Bonded debt Mar. 1, 1901 $97,000
Interest is payable at Wellsboro.

Total valuation 1899.. 15,218,980
State & co. tax (per M.),'99. $10-00
Population in 1890 was
52,313
Population in 1900 was
49,086

County Bonds —
4s,

TITUSV1LLE.—Jules A.
This city

is

C.

Dubar, Compt'r

Crawford County.

in

When Due. Bonded debt Apr.l, 1901. $110,600
LOANS—
Refunding Bonds—
Impr'vem't bonds (add'l)
16,100
3s, F&A, $25,000... Aug. 1,1919 Tax valuation 1900
2,839,410
(Subject to call Aug. 1, 1909.)
Tax rate (per $1,000) 1900.. 13-00
3*48,
8,073
,$69,700 .. Jan. 1,1920 Population in 1890 was
(subject to call Jan. 1, 1910
Population in 1900 was
8,244
4s, J&J, $15,900
Jan 1,1908
.

. .

)

(Subject to call after Jan. 1, 1898.)
INTEREST is payable by the City Treasurer.

and other property and assets amounting

Titusville School District.
Tot. bds., 3*28, Jan.l, 1900.$22,400

Tax valuation 1899

I

2,200,000

—

to about $245,374.

Tax rate (per$l,000),

'99. ..$12-00

I

is in Allegheny Co.
debt Jan. 1, '99. .$70,000
Assessed valuation '99. 1,634,580
Assessment about % actual value

This

Due.

Boroigh Bonds—
4*28, A&O, $20,000
1925
4^8.M&N, 50,000
1925 Tax rate (per $1,000) *98... .$16-70
4s, A&O, 42,000
1904-1929
3,262
Population in 1900 was
School Bonds—
$46,000

413s

INTEREST on the borough bonds is payable at the Chemical National Bank, New York City, and on the school bonds at the Citizens'
Bank

of Turtle Creek.

WASHINGTON.— William McEnrue,
borough
Washington
This

Sec.

County.
When Due. Floating debt
$8,874
LOANS—
Paving Bonds—
Total debt Sept. 26,1900. 246,574
48, A&O, $60,000
1908-1912 Sinking fund
27,008
36s. J&J, 75,000
Oot, 1,1913 Tax valuation 1900
4,984,953
($15,000 due yearly) to Oct 1.1917 Tax rate (per $1,000) 1900.. $2100
34s,
$6,500
1922-23 Population in 1890 was
7,063
Bond. debt8ept.26, 1900. $237,700 Population in 1900 was
7,767
is

in

Washington School

District.

-Harry A. Jones,

Secretary.

LOANS—
4s,
3»*B,

M&S, #43,500
M&8, *50.000..

When Due. Bond, debt Feb.

1, '1901.. $100,000
Assessed valuat'n 1900.. 5.021, 854
Assesfment abt. 70% actual value.
School tax (per M) 1900
$5 00
7,176
Population in 1900 was

1901-1912
1910-1921

(For dates of maturity see V. 69.
613.)
S.>S8,
3>«8,
*

J&D, *$3,500....Deo.
J&D, *3,0OO....Deo.

Free from tax.

1,
1,

1922
1923

I

WASHINGTON CO.— Geo
Clerk County

E.

LOCKHART,

Commissioners.

Washington

is

the county seat.

LOANS-

When Due
Court-House & Jail Bonds—
F&A. $500,000. Aug.l, 1901-26
48,
(Various amounts yearly.)
48,

$300,000

—

WATER WORKS,

Etc.—The borough

BondeddebtJan.|l, 1901 $800,000
Assessed valuation '99.47,274,165
Population In 1890 was. ...71,155
Population in 1900 was.... 92,181

in

1899 owned water works,

school houses and other buildings valued at $275,000.

WILKES-BARRE.Wilkesbarre

5
•

I

McMANUS,

B.

Treasurer.

FRANK DEITRICK,

Clerk.

in Luzerne County.

is

Improvement Bonds—
When Due.
LOANS—
3*28, F&A, $100,000. Aug.l905-'29
Refunding Bonds—
413s, J4D. $100,000.-1902 to 1927 Bonded debt Apr. 1,1901.$460,000
1904-1924
M&N, 50,000
($10,000 due every 5 yrs. on May 1.)

Floating debt
10.000
Total debt Apr. 1, 1901.. 470.000
1905-1929 Sinning fund
6,963
3*28, F&A, 210,000
($8,000 yearly on Feb.l to 1919 & Tax valuation 1901 ..$36,33^,090
Total tax (per $1,000) 1901 $1250
$9,000 yearly to 1929.)
Tax valuation 1880
2,822,931
Population 1890 was
37,718
Population 1900 (Census).. 51,721
CITY PROPERTY.— The city owns property valued at $263,985.
4*28,

U T E,Pre9
!?o8f, c i^k
Assess'dval'at'n 1900. $18,502,883
8chool tax (per $ 1 ,000; 1900. $6-75
E

Wilkes-Barre School DisT.-SI^
v
Building Bonds—

F&A, $35,000
Bonded debt Mar.

19101914

5s,

-

1, '01.. $135,000

is

Shafer,

F.

Sr., Secy.

in Allegheny County.

LOANS-

Sewer Bonds—

Amount.

M&S
$140,000
$40,000 Total debt Jan. 1,1900... $285,438
J&D
108,000 Tax valuation 1899
8,350,485
1901-1915 Assessment ibt. 75 % actual value.
&
and then ann.) Total tax (per $1,000) '99... $12-40
1901-1930 Population in 1890 was
4,662
3 h*, J&J, $40,000
(For dates of maturity see V. 70. Population in 1900 was
11,886
Street Bonds—

4^8,

4*28, J&J
4138,
4s,
....,$14,000
'03
(1 bond in '01

p. 12b6.)

1918

$30,000

48

TAX FREE—The sewer bonds are exempt from taxation.
NTEREST is payable at the First National Bank of Wilkinsburg.
I

W

MCIPDR T —

T T T T A
WlL-.L-.lAlYl&J-'LJlrtl

5 S.

.

J

N.

WILLIAMS, Mayor.
L. TAYLOR, Treas.

EDWARD

the capital of Lycoming County. Bonds all tax exempt.
When Due. Sinking fund
$60,000
City Bonds—
Net debt Feb. 1, 1901... 596,000
4s, M&S, $86,000.... Mar. 1, 1925 Tax valuation 1901
9,300,000
Subject to oaU after Mar. 1, 1905.
Assessm't abt. 50% actual value.
City Hall Bonds—
City tax (per $1,000) 1901 .$16-40
4s, M&N, $70,000.... May 1, 1923 Population 1890 was
27.132
Subject to call after May 1, 1903. Population 1900 (Census).. .28,757
Refunding Bonds—
School District Bonds— W. M.
3^8, M&S, $500,000. Sept. 1, 1929 Dietriclt, Secretarv.
iSubject to call after 8ept. 1, 1909) 3Vs, F&A, $20.000.. Feb. 1,1911
Interest is paid by City Treasurer. Bonded debt, Feb. 1, 1901. $64,000
Bonded debt Feb.l, 1901 $656,000 Assessed valuat'n, 1900.9,188,545

This city

is

LOANS—

WILMERDING.-C.
LOANS—

Building Bonds—

5^8, M&S, $5,000

C.
is

When Due.
Mar.

School Bonds—

borough
TURTLE CREEK. —Borough
When

LOANS-

I

This borough, organized in 1890,

CITY PROPERTY.—The city owns a water works and electrio light
plant,

.J

This borough

8ept. 1, 1928
(Subject to call Sept. 1, 190*.)
1915
Feb. 18,1916 Bonded debt Mar. 1, 1901. $86,300
5s.

is

LOANS—

WILKINSBURG.-B.

A. Ready, Clerk.

Allegheny County.
Paving
When Due.

the capital of Chester County.
When Due. 8inking fund
$7,335
Street Improvement Bonds— Net debt an. 1, 1901
118,565
1929 Tax valuation, real
3s, A&O, $15,000
6,720,000
Tax valuation, personal.
(Optional on 60-days' notice.)
45,v00
Water Bonds—
Tax valuation 1901
6,765,200
1927 Assessment about actual value.
3*29, J&J, $45,500
Redemption Bonds
Total tax (per $1,000) 1901.$ll-50
1927 Population 1890 was
3^8, A&O, $71,500
8,028
Int. payable by Borough Treas.
Population 1900 was
9,524
Total debt Jan. 1,1*01.. $125,900
All taxes on bonds are paid by the borough.

This

in

is

This

73
AN& TOWNS,
WEST CHESTER.— W. S. TJNDERwooD,Treas.
borough

f £WWSY1Y^WIA-CITI£S

April, 1901.

1,

A&O. $22,000
Apr. 1,1911
Street Improvement Bonds—
5s, A&O, $53,000
Oct. 1, 1915
5s, A&O, 31,000
Oct. 1, 1926
The

etreet

improvement bonds are

ROBERT F GIBSOW,
VOR IT — }GEO. M. BOLLINGER,
wn.Jrv.
5

I

Clerk.

Total debt Feb. 1, 1901 ..$111,000
Total valuation 1900. ...2,200,000
Actual value (est.)
3,500,000
Total tax (per $1,000) 190O.$23 00
Population In 1890 was
419
Population in 1900 was
4,179

1902

5s,

TAXF REE.

Co well,

in Allegheny County.

free

from taxation.

Mayor.
ComptroUer.
Several suburban districts

York is the capital of Y^rk County,
were annexed early in 1900.
When Due. Bonded debt Mar.
LOANS—

Highway

Imp.

4s, J&J, $21,000
4s, A&O, 39,000
4s, A&O, 32,500
4s, A&O, 40,000
4s, A&O. 27,000
3»*8. A&O.74.000

Tax valuation

July 1,1914

•>-,

1912
1916 Population in 1890 was
20,793
Apr. 1,1917
(Parts of several townships anOct, 1, 1911 nexed since 1890.)
1910-1930 Population in 1900(Census)33,654
Oct. 1,
Oct. 1,

I

I

payable at York, Pa.
FREE.— All of the above securities are exempt from taxation.

Interest

TAX

1. '01. $233, 500
1900... 14,573,726
Assessment about
actual value.
Total tax (per $1,000) '00.. $17-25

Bonds—

is

CITY PROPERTY.—The

j

city in

1900 owned public buildings and

available assets amounting to $130,666 44.

York School District.

— Wade W.

J&D,

$165,000... Jure 1906-'28
($5,000 yearly to 1906, $6,000
1907 to '23, $9,000 1924 to '26
and $13,000 yearly therafter.)
4^, M&S, .+30,000.... 1905 7-9-11
(Subject to call before maturity.)
4s,

McClure, Sec

Bonded debt Mar.l, 1901 $195,000
Assessed valuation '00$12. 100,000

Assessments actual value.
School tax (per M.) 1900

$5-50

ADDITIONAL STATEMENTS.
In the first table below we show the outstanding debt and the assessed
value of property of such counties In the State of Pennsylvania as are
not included among the forepoins: returns. We add In each case the
ftopulation from the Census of 1900. In the second table we give the
ndebteiiness of other civil divisions of the State, not included among
the foregoing.
Total
Assessed
Popu~
Name 0/ County.
Debt.
Valuation.
latxon.
Adams
No debt.
$12,121,643
34,496
Armstrong
5 ',551
$71,747
9,801,116

Beaver
Bedford
Berks

Bucks
Butler

26,000
1.">.000

107,779

No

debt.

60,900

25,771,476
8,879,184
79,607,700
37,882.697
14,357,483

56,432
39,468
159.615
71,190
56,962

—

»

74

ST#T£

Cambria
Cameron
Carbon

No debt.
No debt.

Clarion

163,800
135,100
99 000

Clearfield

Columbia
Crawford
Cumberland
Elk

No

debt.

11,500

Nodebt.

Erie
Forest
Franklin

25,000

No

debt.

515

Fulton

No

Greene

debt.

20,500

Jefferson

Lawrence
Lebanon

No debt.

Lehigh

No

34,100

McKean

debt.

7,500
6,184
58,M)0
25 000
100,000
6.000
12.500

Mercer
Mifflin

Montour
Northumberland
Pike
Potter

No debt.
No debt.

Snyder
Somerset

61,028
6,000
25,000

Sullivan

Susquehanna
Union
Venango
Warren

No

debt.

96,500
18,450

Wayne

No

Westmoreland

Wyoming

debt.

40,000
204.500

York
Borough 8,

Total
Debt.

Valuation.

t-3,643
50,-144

32,903
98,473

11039
54,902
9,924
28.281
59,113
57,042
53.827

93 893
51,343
57,387
23,160
15.526
90,911
8,766
30,621
17,304
49,461
12,134
40,043
17,592
49,648
38,946
30,171
160,175
17,152
116,413
Popu-

Rate.

I

j

|

|

I

|

|

Counties and Towns

Cities,

IN

1.884
1.231
2,348
4.216
6.170

THE

lation.

Ambler (Bor t, Montgomery Co... $2*,300 $1,250,000 $21-00
808.550 15-90
Aspinwa 1 (Bor.), Allegheny Co. 5.^,000
1.5K.935
100,020
Beaver (Boro. Beaver Co

lxxii

Vol.

TOTAL DEBT, Etc.—The total liabilities on March 1, 1900. were
l'h« assets on March 1, 1899, were $934,743; assets in
$769,750.
excess of liabilities $164,993. The total assets include bank stocks
$308,450; mortgages on railroads $385,000, and bonds, $161,750.
ASSESSED VALUATION.—The total assessed valuation of the
8tate in 1890 was $74,134,401; in 1897 it was $77,632,079.
DEBT LIMITATION.—Neitherthe new Constitution (adopted June
4, 1897,) nor the old Constitution nor the State statutes contain any
general provisions authorizing bond issues or limiting the debt-making
power, except that the new Constitution—
(1) Forbids the State (Article 8, Sec 3) to borrow money or oreate
debt, "but pursuant to an Act of the General Assembly passed with
the concurrence of three-lourths of all the members elected to each
House, except to supply casual deficiencies, repel invasion, suppress
insurrections, defend the State in war or pay existing debts."
(2) Forbids any county, city, town or other municipality (Article 8,
Sec. 8) to "lend its credit or appropriate money to, or assume the debt
of, or become a shareholder or joint owner in, or with, any private
corporation or any person or company whatever."
(3) Forbids any corporation (Article 9, Sec. 1) to be created, etc.. by
special act, "but only by or under general law"; "but the foregoing
provisions shall not apply to municipal corporations, banks," etc.
The above indicates that the authority as regards municipalities [except as already specified in number (2)] rests with the General
Assembly, and the General Assembly always passes special acts to
provide for special occasions and needs.
POPULATION OF STATE.—The population of Delaware has been
as follows in the years mentioned:
1900
184,735 1860
112,216 1820
72,74fi
1890
168,493 1850
91,532 1810
72.674
1880
146,608 1840
78,085 1800
64,273
1870
125.015 1830
76,748 1790
59.096

Population.

104.837
7,048
44,510
42.894
34,283
80,614
39,896

27,129,720
888,345
5,662,694
11,588,352
8,631,340
18,452,317
11,808,128
19,181,10 V
20,831,931
3,780,*09
42,785,984
2,213,032
17,791,374
2,191.153
13,971,188
12,468,136
20,008,209
30,686,105
40,287,033
6,906,096
22,952,527
3,436,370
1.901,300
11,99^,801
1,226,451
10,767,959
4,776,632
11,329,660
1,634,671
4,295,936
8,076.961
13,811,895
10,272,743
4,511,940
61,356,015
3,814,440
44.309,271
Assessed
Tax

43,000
139,250

Centre

CITY SUf flEMEWT.

Assessed
Valuation.

Total
Debt.
No debt.

Name of County.

/W

Cities,

etc.

) .

Co
Bloomsburg, Columbia Co

100 000
60 000
57,050
Carlisle School District
152,000
Carnegie, Allegheny Co
Catasauqua (City), Lehigh Co.... 27.800
Charleroi (Boro.), Wash'ton Co .145.200
Clifton H'ights (Bor.). Delaw'e Co 29.500
Conshohocken (Bor.).Montg. Co.. 42,000
Coiaopolis(Bor.),Allegheny Co.. 82,000
48,000
Crafton (Bor.), Allegheny Co
6M,6<»<>
Darby (Boro.), Delaware Co
Duquesne (Bor.), Allegheny Co.. .198,000
Edgewood (Bor.), Allegheny Co 49,500
Elizabeth Boro. Allegheny Co. 14 .000
23,000
Elliot, Allegheny Co
Ellwood City Bor.) Lawrence Co. 42,000
97.500
Etna (Bor.), Allegheny Co
39,000
Franklin (Citv), VeDango Co
GreenBbnrg (Bor.), Westm'l'd Co. 96.538
26.000
Greenville (Bor.), Mercer Co
85.500
Hazleton (Citv). Luzerne Co
Jenkintown (Bor.).Montg. Co.... 36.900
Kennett Sq. (Bor.), Chester Co... 40,000
38.390
Landsdale (Bor.), Montg'ry Co.
Meohanicsb'g (Bor ), Cumber. Co.. 30,000
20,000
Milton (Town), N'thumberl'a Co.
33 500
Milton School District
Mt. Carmel (Bor.), Schuylkill Co. 62.255
42,500
North East (Bor.). Erie Co
39,500
Oxford (Bor), Chester Co
Plymouth (Bor.), Luzerne Co
24,900
Rankin (Bor.), Allegheny Co
78,000
45,0>0
Renovo (Bor), Clinton Co
Rockledge(Bor.),Montgom. Co.. 20,000
Scottdale (Bor.hWestraorel'dCo.. 75,500
Shlppensburg(Bor.) Curuberl.Co. 35.800
8ouderton (Bor.), Montgom. Co.. 23.325
So. Washington (Bor.) Wash. Co.. 13,.R 00
225,000
Steelton, Dauphin Co
Steelton Sen. Diet., Dauphin Co.. 120,000
37 000
Tamaqua. Schuylkill Co
59,500
Tarentum School District
Tyrone (Bor), Blair Co
27,400
72,000
Warren (Bor.), Warren Oo
63 500
Waynesboro, Franklin Co
Bellefonte. Centre

(

)

.

.

,

(

,

.

1,570.469 27 00
900
2,329,814
3,250,000
6-50
3,101.285
1,524.005 1800
2,040,422 24-0'
7-50
980,000
2,500,000 12-00
1,396.060 10-00
1,581,680 1225
17-50
3,888,205 19-75
8-00
1,501,525
750,000 22-75
1.153 000 2200
1,000,000 26-02
2,045,855 1700
2,001,350 32-00
4,379,080
1,711,955
4,393,011
1,222.050 1450
81X.050 1400
1,200,000 13-50
1,514,443 15 25
937,000 4600
934.131
897,976
825,465 13-50
995,880 1500
794,000 19 00
9-00
1,755.120
630,000 3900
304,350 10-50
1,735,671 17-50
812,470 20-00
470,000 1100
577,813 16 00
4.072,990 25-75

STATE OF DELAWARE.

KENT COUNTY.— County
When
LOAMS—

7^330
3,963
5,930
2,330
5,762
2,55?>

County BondsCertificates—
,

3,34?.

5s,

2.243
3,384
7,317
6,508
4,814
14,230
2,091
1.516
2,7 4

is

When Due. Tax valuation, real
$700,00C
Tax valuation, personal.. 40,000
J&D, $2,500
1903 Total valuation 1899
740,000
REFUNDING WATER BONDS—
County tax (per $1,000) '99.. $6-00

1926 Town tax (per $1,000) '99.. .10-00
$37,000
(Subject to call after 1906.)
Population 1890 was
1,191
Bonded debt Feb. 1,1900. $39,500 Population 1900 was
1,213
INTEREST is payable at the National Bank of Newark, Delaware.

4s,

,

NEW

3,841
6,175

333
2,068
2.032
13,649

Secretary of State (term expires with Gov.)

Treasurer

-

512

Funding Debt—

-

-

Interest.

—

-

,

1881.
.

in Philadelphia.

4s, ....

$150,000

1910-1924

($10,000 yearly on Deo.

to

Work House Bonls—

1.)

1,
Sept. 1,

Total valuation '99

46,196,481

5,847
8,043
5,396

SUSSEX COUNTY,
When Due.

12,086

5s,
5s,

1901-1903
1904-1909

J&J, $30.000

LOANS—

$17,500
12,500
12,500

W

The

city of

Wilmington

is

LOANS—

2.050

Dover
John Hunn
Caleb R. Layton

Principal,
When Due. Outstand'g.

.

Funding loan

No. 29
-

do
do
do
do
do
do
do
do
do
do
do
Water loan
do
do
do
do

do
do
do
do
do
do
do
do
do
do
do

do
do
(reser.)
(reser.)

Sinking fund loan

do

do

Mayor.

C.
L.

-

S

.

$

....

...,
....

4^
3^

4
4
4
4
4

4^
413
414

Principal.
OutstaiuTg.

,

.

M & N N$°7^
\

4

ob yearly

A &

j

1,
1,

Apr.
Apr.

A&O
A&O
A&O
A&O
A &- O
A&O
A&O
A&O
A&O
A&O
J&J
M&

Oct.
Oct.
Oct.

Apr.
Oot.

Apr.
Oot.

Apr.
Oct.

A&O

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

.}

1922
1922
1918
1919
1919
1920
1920
1921
1924
1925
1925

j

44 .°°°
\

^oTyeariy" j
var. 1913-1914
Oct. 1, 1919-'23
var. 1914-1915

Various.

'

1,650

^fooVy^arly

1910 to 1913

'

75,000
8

\

150 000
50,000
25,000
20,«00
29,400
10 500
45,400
50,950
52,500
1,150
12,150
43,900
45,250
46,600
48,050
4,050
67,000
62,650

19251926

8

A & O
A&O
A & O

4, 4>a, etc.

4

$28,000
\

°{
A&O partealVyear.
A&O A&O 1,1924
A&O Apr.1925 1926
A&O Oot. 1926
A & O UlSyVi^Oct
A&O Apr. 1921
1921
A & O Oct.

4
4
4
4

26 6
31 4»a
32 4
32 3>«

>

Due.

A & O
4^ A & O

4
....
4
1896 4
1896 4
1896 4
1897 ..
No. 25 6
No.
No.
No.
No.

Treasurer.

Castle County.

in

P. Ct. Payable.

No 33
Parkloan
do
do
do
1898
do
1898
Crematory loan
Street and sewer bonds
do
do

is the county seat
Total debt Mar. 1, 1901.
$67,000
Assessed valuation '97.10,576,232
Population 1890
38.647
Population 1900 (Census).. 42,276

Interest.

NAME AND PURPOSE.

-

—Georgetown

FAHEY,
— Dr JOHN HAMANN,
WILLIAM
New
—
— When

\X7TT rVTTTSirVTOM
11_,1V111N Vjt 1 VJIN

Rate Payable.
July
July 1, 1906 $156,750
6
J & J
perpetual
Cer. to Delaware Collegel877 6
83,000
3*2 J & J July 1, 1915
Hospital improvement 1895
35,000
8ub)ect to call on or after July 1 1906.
J & D June 1. 1907 $250,000
Part of ser. "B" refund. 1887 3
Subject to call on or after June 1, 1897.
Refunding, 1897
3
J <fe D Dec. 1, 1927
245,000
8ub)ect to call after 1922.
INTEREST.—On a part of the bonds of series " B" and of the
Refunding bonds of 1897 Is payable at the Philadelphia National Bank

NAME AND PURPOSE.
Bond iss. to school fund

Refunding Bonds—

Due.

Assessment ^ to ^ actual value.
M&N, 60,000, g
County tax (per $1,000) '99.. $6-00
Population 1890 was
($10,000 due yearly.)
97,182
...1901-1913 Population 1900 (Census). 109,697
4s. 41-2S. 5s, $117,000
Payments on loans for benefit of Trustees of Poor are being made.
TAX FREE.—All bonds issued by this county exempt from taxation
INTEREST is payable by County Treasurer, Wilmington.

4,261
3,228
1,077
1,230

Legislature meets biennially in
day in January, and pay is limited to 60 days.
HISTORY OF DEBT.—The historical details of Delaware's State
debt from 1865 to 1*94 will be found in the State and Citt Supplement of April, 1894, page 72. The present extent and condition of
the debt and resources of the State are given below, showing that
Delaware now holds good assets more than equaling its liabilities.

LOANS

G. Rettew,

Wilmington.

3^s, J&J, $100,000. July 1, 1919
1904 (Subject to call after July 1. 1904)
1913 Total debt Oct. 1, 1900. $6', 6,000

M&N, $100,000. g. Sept.

$10,000 due yearly to

4,082

is

1920

1,

Bridge Bonus 1893—

Martin B. Burris
odd years on the first Tues-

-

County seat

Refunding Court H. Loan—
3^8, J&J $69,000.. July 1, 1914
5s,

3,775

of Original Thirteen

1905)

— When

($10,00" due yearly) July

DEBT, RESOURCES, Etc

-

CASTLE CO.— Horace

LOANS—

ITS

State Capital,

Castle County.

in

LOANS

Electric-Light Bonds—

Treasurer.

State of Delaware

Governor (term expires Jan.,

I

|

NEWARK.— George W. Williams, Treasurer.
Newark
New

4s,

-

I

1,927
3,429
9.036
1,139
1,866

6s

Total area of State (square miles)

I

Optional
$1 ,000
Optional
10,500
Bond, debt Oct. 15, 1900.. $40,000

semi-an.
5s,
4Hjs. semi-an.,

7,267

1,661,249 20-00
1,705,584 11-00
1,500.000 19-75
3,060,811 15 00
1,250,100 28-00

One

Optional

$40,000

4s, semi-an.,

4^8

Admitted as a State

seat is Dover.
Floating debt oertifs...
$11,500
Total debt Oct. 1, 1900.
51,500
Tax valuation 1900 ...13,003,171
Co. tax per $1,000 1900.
$450
Population in 1 890 was
32,664
Population 1900 (Census)
32,762

Due.

37.500
60,000
25,000
60,000
702,050
176,000

—

J
J

MABYijWD-DEBT Of

April, 1901.

go«d security im, the discretion of/he directors; provided that no part of
the funds of said corporation shaK.1 be loaned to any officer or director of
such corporation.
In the special law passed in 1'390, which we have referred to above,
the power to loan the deposits is made a little more definite. The section referring to that subject states that the " corporation shall have
" power to borrow money, receive money on deposit, loan money
*
taking such security therefor, either real or personal, as the Board of
Directors may deem sufficient; provided that no part of the funds of
" said corporation shall ebe loaned to an officer or director thereof."

TAX FREE.— All bonds -of this city are exempt from taxation.

of the City Treasurer.

INTEREST on all bonds payable at the office
TOTAiL. DEBT, ETC.f8n 1190L jan# 1# 1900 Jan. 1,1899.
$2,034,450
$1,965,10<»
.,$1,918,200
Total bonded debt
The net indebtednesses the city in 1880 was $1,372,450.
.

AQcpcqcn VALUATION —The

assessed valuation of real estate
was $33,813,543. Property is assessed at about * 5 its actual value. Personal property is not taxed.
For 1900 the tax rate per $1,000 was $20-00.
POPULATION to 1900 (Census). 76,508; in 1890 it was 61,431
in 0?S8O it was 1*2.478; in 1870 it was 30.841.
for

1900 wisrWo?000,000-, in 1891

'

it

We

•cannot discover any marked difference in the two provisions
except that the-enactment in the case of the new Baltimore bank
states distinctly that the security can be either real or personal. But as
much as that would, we think, be assumed as authorized under the general provision, since no limit is made and loaning on bond and mortgage
is aflways a legitimate part of the business of savings banks.
cited,

—

State of Maryland

Cities, Counties

ITS

©EBT, RESOURCES,
Admitted as a State

-

....

Murray "Vandiver
Dr. J< shua W. Hering
even years on the first Wed-

Treasurer (term expires Jan. 1902)
Comptroller.(ierm t-xp. Jan., 1902)
,

Legislature meets biennially in

-

-

-

nesday in January, and sessions are limited to 90 days.

HISTORY OF DEBT-— The historical details of Maryland's State
debt from 1624 up to 1893 will be found in the State a»b City Sup
PLEMENTof April, 1893, pages 72 and 73.

LOANS—

Interest

-

NAME AND PURPOSE
Exchange loan of .188 8
Insane Asylum, 1896

—

,

Bale Payable.
3
3>4 J & J

Optional after July

1,

,

Principal,
When Due. Qulstand'g.

,

>903
1911

$7,400
100,000

TOTAL DEBT. SINKING FUNDS, Etc.—The subjoined statement
shows Maryland's total State debt, and the sinking fund held by the
State against the same on the dates named.
urn Sept 30. 1900. Sept. 30,"99. Sept. 30,'98. Sept. 30/97.
Total funded debt.... $6,309,326 $5,709,326 $9,284,986 $9,284,986
3,112,283
6,251,958
6,335,908
Sinking funds, &o....*3,424,057

$2,885,269

Note. For debts of civil divisions not found amona tne S'-itemerit*
3TE.—
give n below, see " Additionul Statements" at the end of this State.

ALLEGANY

CO.— Wi. J. Miller, Clerk.
Wn ™ *>"* Bond.debt Mar.22,1901. $220,000
LOANS—
Floating debt
70,000
Court House Bonds—
County seat

is

Cumberland.

1915-1934 Tax valuation 1900
21,508,809
State tax (per $1 ,000)
$1 -775
County tax (per $1,000) 1900.$9-70
8chool House Bonds—
1901-1914 Population in 1890 was
41,571
4s, A&O, $70,000
Population in 1900 was
($5,000 due yearly.)
53,694
1925
4s
$50,000

4s,

A&O, $100,000

.

($5,000 due yearly.)

. .

,

Subject to call after 1915.

OPTION AL.— All of the county's bonds are subject to call.
INTEREST on court house bonds is payable by Hamble ton &

Co.
Baltimore; on insane asylum and school house bonds at Cumberland.

TAX FREE.—All bonds are exempt from

$2,597,043

$3,033,028

$2,949,078

ANNAPOLIS.— P.
This city

is

Porter, Clerk.
Anne Arundel County. An

E.

the county seat of

* The $3,424,057 included in "sinking funds, &c," on Sept. 30, 1900,
above was oomposed of $1,500,000 mortgage bonds ixf the Northern
Central Ky., $1,286,587 stocks, bonds and cash in the various sinking
funds, $550,000 stock of the Baltimore * Ohio Railroad, and stock in
various other companies amounting to $87,470.
For the balance of S2.885.-269 Sept. 30, 1900, the State had as an
offset her unproductive stocks, amounting to $8,099,627, and $695,311
due from accounting officers and incorporated institutions.
The receipts of the State for the year ending Sept. 30, 1900, amounted

to]$3, 622/493; balance in treasury Sept. 30, 1899, $ ;07.926;

total,

$4,330,419; disbursements, $3,480,534. The cash balance in the
treasury on September 30th, 1900, amounted to $849,885.

ASSESSED VALUATION. ETC.—The following table shows the
total funded debt, available assets, assessed valuation and tax rate.
Available
Total
Tax Bate
Total
Assets.
Assessed Val.
per $1,000
Tears.
Funded Debt.
$3,424,057
$l-77ifl
$616,719,782
1900
$6,309,326
3,llv!.283
611,539,646
l-77»»
1899
5.709,326
1-7713
6,251,958
603.326,096
9.284,986
1898
l-77i«
6,335,908
607,965,272
1897
9,284,986
l-77ifl
5,946,433
540.461,747
1896
9,284,986
l-77ifl
5,679,733
534,930,476
1895
8,684,986
l-77ifl
5,303,233
529,138,103
1894
8,684,986
1-77 la
6,025,414
524,056,241
1893
8,684,986
l-77i«
5,602,699
515.137,528
1892
8,684.986
l-77is
6,278,907
482,184,824
1890
10,691,124
l-87ia
3,992,851
1884
10,965,934
469,593,225
l-87ifl
3,649,442
1880
11.277.110
459,187,408
The tax rate for 1902 his been fixed at $1-70 per $1,000
DEBT LIMITATION.—There is nothing in the Constitution of
Maryland limiting the power of the Legislature to authorize bond issues
either by the State or by its municipalities. No general limit for cities
and towns has been fixed by the Legislature, nor is there any general
authorization to be found in the statutes under which cities and towns
oan issue bonds. This power is lodged in the Legislature, and is dele
gated to the municipalities from time to time for specific purposes as
the occasion may arise. It is necessary, therefore, for the investor to
study the law in each case on this as well as on other points affecting
the loan with respect to which he may need information.

—

1900
1,190.050 1860
407,350
687,049 1820
1890
1,042,390 1850
380.546
583,034 1810
1880
934,943 1840....,
341.548
470.019 1800
1870
780,894 1830
319,728
447,040 1790
Of the total population in 1880 22-49 per cent was colored and in
1890 20-92 per cent. In number, blacks were 165.091 in 1850;
171,131 in 1860; 175,391 in 1870; 210,230 in 1880; and 218,004 in 1880.
I

I

|

BANKS

SAVINGS
INVESTMENTS.—There are in this State general banking laws under which savings banks maybe organized, and
yet we notice that even in 1890 a special charter was jrranted incorporating the Germania Savings Bank of Baltimore. However, in both the
general and special laws there appears to be a pretty general authority
granted for investing the deposits. The general law states that—
Any savings institution incorporated under this article shall be
capable of receiving from any person or persons, or bodies corporate or
politic, any deposit of money which shall be invested or loaned out on

issue of

$72,000 improvement bonds will be issued in July, 1901.

When Due

8inking fund

..

Jan. 1,1908

Net debt Jan.

30,000....

June 1,1903

LOANS—

4s,
5s,

J&J, $13,000.

J&D,

($5,000every5yrs.)to June 1, 1928
Permanent Imp. Bonds —
4s. J&J. $48,000. ..Julv. 1910-'20
Bonded debt Jan. 1,1901.. 91,000
.

LOANS—

tyue.

County Bonds—

& J., $20,000... July 1, 1902
($5,000 every 5 yrs.) to July 1,1917

5s, J.

School House Bonds -

5s,

July

J&J, $10,000

1,

1901

$15,096

1901.. .
75,904
Assessed valuat'n, 1900.3,057,080
Tax rate (per $1.000)1900.$18-275
Population in 1890 was
7,604
1,

Population in lbOOwas...

ANNE ARUNDEL CO. — R.
Treasurer. — County
Wh«n
seat

POPULATION OF STATE

county taxation.

1906.

1911
500,000
3*2 J & J
Penitentiary loan, 1896
Optional after July 1, 1906.
3
J & J Jan. 1, 190.4 5,401,926
Consoliiat. loan of 1899.
(Subject to call after Jan. 1, 1909.)
300,000
J & J Julv 1, 190.5
State Buibl.A Imp. Loan, 1900 3
(Subject to call after July 1, 1910.)

Net debt

STATE OF MAEYLAND,

of Original Thirteen

12,2/K)
Total area of State (square miles)
Annapohs
State Capital
Governor (teria expires 2d Wed. Jan,, 1904) - John W. Smith
Sec'ry of State (term expires with Gov't) - Wilfred Bateman

and Towns

THE

IN

Etc.

One

-

-

75

STATE.

.

8,402

Tillman Brice,

Annapolis.
Floating debt
$30,000
Total debt
70,000
Sinking fund assets
4,000
Net debt Mar. 1, 1899.
66,000
School bonds, addition'l
74,000
Tax valuation 1899
12,033,838

is

Assessment is % actual value.
Co'tytax (per $1,000) 1900 $10-80
Average school tax '99
$2*50
in 1928.)
Popul&tion 1800 was
34,094
Bonded debt Mar. 1, 1899 $40,000 Population in 1900 was ...40,018
TAX FREE.—All bonds are exempt from county and State tax.

($2,000 every 2 yrs.) to July 1,1909
5s, J &J,$37,000.'09 08-13-1 8-23-28
($7,000 due each 5 yrs. and $2,000
. .

BALTIMORE.-! l^?^%?iJkilE^'S0T
GEO. N. NUMSEN, City
22, 1898.

—

LOANS—

NAME AND PURPOSE.
City Hall. 1874

r

6

1896..
Consolidated refund., 1890. r
Fundingloanof
1878. r 5
Conduit loan of
1899.. 313
Refunding
1900.. 313
Harford Run Improvement. r 4
do
do Sewer
r 4
Internal Improvement
r 313
McDonogh Extension, 1893.. 5
Patterson Park
r 4
Paving
1881. r 4
Pablio Improvements.1893
313
.

r

5

do
r 4
do
r 4
Western Maryland.... 1 872. r 6
do
do
1882. r 4
do
do
1887. r 3H
Refund. West. Md.RR., 3d M. 3i«
Overdue stock.no interest allowed
t

—

Interest.

313
313
313

Water

enaoted by the Legislature March
,

Bate. Payable.

Refunding
Four million

--

.
Register.

I

A new charter for Baltimore was

Q—
&

J

Principal.
OutstancTg.
,

,

When Due.
Mch. 7,1902

$500,000

J July 1, 1936x1,453.300
Mch. 1,1945x3,792,500
J tjuly 1, 1930x5,000,000

M&8
J &
M&N
J&J
J & J
J&J
J&J
J&J
M&8
Q—
M&N
J&J
M&N
M&N
M&N
J&J
J&J
J & J
M&S

tJuly
Jan.
Jai.

1916x1,000,000
1922
700.000
1940 4,300,000
tJan.
1920 x250,000
Nov.
1904 x350,000
July
1928x4,850,000
Sept.
1916 X280.000
Oct.
1920 x200,000
tNov. 1,1920 X500.000
1,
1,
1,
1,
3,
1,
1,
1,

Jan.
1, 1940x6,0< '0,000
tJuly 1,1916x5,000,000
tNov. 1, 1922 x500,000
tNov. 1, 1926x1.000.000
Jan.
1, 1902 1,000,000

July
Jan.
Mar.

1,
1,
1,

1925 x684,000
1927 1,704,000
1950
875,000
65,083

Payable on or after this date at option of
State of Marvland taxes.

city,

x Exempt from

PAR VALUE,

ETC.

Bonds are

all

registered and for $100 or

multiples of same.

INTERESTon the

City Hall loan, consolidated loan of 1890, West.

Maryland RR. loan of 1887, Patterson Park loan due 1920, and on oon-

loan of 1922, is payable at the Citizens' National Bank of
Baltimore on the refunding 1940, the four-million-dollar loan of 1945
and McDonouRh Extension loan of 1893, at the National Exchange
Bank of Baltimore; on the Western Maryland 1882 and 1872 loans at
the Mechanics' National Bank of Baltimore; on Internal improvement loan, Harford Run loans, paving bonds of 1881 and the funding
loan of 1878, at the Farmers' & Merchants' National Bank of Baltimore; on water Ivans and funding 1936 loan at the National Mechanics' Bank of Baltimore.
ilult

;

TAX EXEMPT.—The issues marked with an x above are exempt
from State of Maryland taxes. Holders residing in other States are
exempt on all issues. None of the bonds are liable for city taxes.

—

—

.
;

.

SW£ MID

76

CITY SUf fiEWTEWT,

ETC.
CITT OF BALTIMORE, MD.

County seat
Dec. 31, '98.

Dec. 31, 1900.

Dec. 31, *99.

$8,500,000
1,972,011

$8,300,000
1,420,732

$7,930,000
1,124,482

$6,527,989
Bond, debt (oth. than water).$31,503,883
6,258,897
Sink, fund (oth. than water).

$6,879,268
$30,840,182
4,791.344

$6,805,518
$29,640,683
4,175,247

$25,244,986
$40,003,883
8 ,230,9 08

$26,048,838
$39,140,182
6,212 076

$25,465,436
$37,570,683
5,299,729

Net water debt

Net general debt
Total bonded debt
Total sinking funds

,

JF Net general & water debt.$31,7 72,975

$32,928,106 $32,270,954
Against the net debt of $31,772,975 on Dec. 31, 1900. the city
reports productive assets amounting to $12,502,519; $12,500,000 of
this representing the cash price of the water works.
On Deo 31, 1900, besides the above assets, the city held unproductive
assets to the amount of $8,190,187, consisting of stock and mortgages,
with acorued interest thereon, of the Western Maryland BR Co.; also
stock of the Valley Railroad Co. The value of city property was
$13,950,000.
INTEREST CHARGE.— Of total debt Dec, 1900, ($40,003,883)
interest was payable from taxation on only $26,183,300.
ASSESSED VALUATION, Etc.— City's assessed valuation (about
80 per cent cash value), and tax rate have been as follows :—
Rate of Tax
Assessed Valuation.
Total.
per $1,000.
Personal.
Real.
Years—
$402,514,431
...$253,986,582 $148,527,849
1901
$19'85
388,241,930
140.736,564
247,505,366
190o""
21-575
359,990,871
121.844,980
238145,991
IgQQ
24-27
362,500,000
130,000,000
232,500,000
iaqa
21'77ia
360,426,498
raqj
126,554,055
233,872,443
17'50
331,773,128
80,975,572
1895
250,797,556
274,000,000
65,000,000
2025
1890 '(about). 209,000,000
17-87ifl
265,559,953
64,784,338
200 775 614
1886
15-57J3
1880.".'.'.'.'.'.'.'252,122,991
65,106,367
187,040.624
in 1890 it was
pnPlll ATION —In 1900 (Census) was 508,957;
434^39; in 1880 'it was 332,313; in 1870 it was 267,954.
,

,

.

«TTnirr>r'T3T A
CUMBERI-AND. —
"NTT^v

Cumberland

5

l

W.

C.

WHITE, Mayor.

HOWARD M. FULLER, City Clerk.

the capital of Allegheny County.

is

LOANS

Interest.

'

—

,

Bonds aie tax free.
Principal,
Due.
Outstand'g,
,

When
P. Ot. Payable.
MAME AND PURPOSE.
Aug., 1908
$65,000
F & A
Pennsylvania R. R. bonds. 6
Principal to be paid by Pennsylvania Railroad Company.
30,000
Oct., 1908
Consolidated debt bonds... 6
145.000
Oct., 1908
5
...
do
do
May 1, 1928
20,000
4
Electric Light bonds
18,000
Oct., 1910
Water Improvement bonds 5
Apr. 1, 1910
50,000
Water extension bonds.... 5
Apr. 1, 1910
40,000
5
Funding Donds
1925
100,000
4
J & D
do
20>00G
M & N ^^1901-^904
4
Waterbonds

A&O
A&O
M&N
A&O
A&O
A&O

^

J

M&Np4^0/ ^5

30,000
4
ea
INTEREST is payable at Cumberland.
TOTAL DEBT ETC —The total bonded debt on May 1, 1900.
was $518,000; deduct sinking fund assets, $58,444; net bonded debt,

do

$459,556.

D poT LIMITATION.- This city cannot issue indebtedness over
$10,000 without act of Legislature and vote of people.
Aoopcepn VALUATION —In 1900 the total assessed valuation
wa^7605.157; in 1897 it was $7,377,000; in 1895 it was $7,080,572
Property is assessed
In 1893 $7,121,422; and in 1890, $6,461,823.
at about 90 per cent of its actual value, and the city tax rate (per
$1,000) in 1900

ddpiii
12/729;

was

$9-00.

1900 was 17,128; in 1890
in 1870 it was 8.056.

ATION —The population in

m 1880

it'

was 10,693

;

it

was

CHILTON, Mayor.
W.
— -^
tFREDEKIOiV. — IE. A. GITTINGER, City Register.
Frederick County
t-» t /-* T7-

»-. -r^.

F.

5

t The county seat of

Refunding Bonds— When Due.
July 1,1918
4« .J&J, $512,500
Subject to call after July 1, 1903

Bondedfl'bt Feb.21,1901.$579,500
Sinking funds July 1. 1900 4«,006
Netdebt July 1,1900.... 531,494
Tax valuation 1900
3,725,995
Assessment about 4 5 actual value
City tax (per $1,000) 1900. .$1000
Population in 1890 was
8,193
Population in 1900 was
9,296

Reservoir Bonds—

July 1, 1924
J&J, $35,000
Subjeot to call after July 1, 1904
Water Works Impt. Bonds—

4b,

July 1, 1929
(Subject to call July 1, 1909.)
Interest payable in Frederick.

46,

J&J. $32,000

I

niNS-

—

Frederick

is

I

$125 000

g

I

(Sub'iect to call after 1910.)

I

I

J

(Subject to call after 1920.)

I

TAX EXEMPT— Bonds are all exempt from county and

municipal

taxation.

__. r-prrDTTD rI BUKU.

FROS
This

—

5

JOHN

}j. s.

N. BENSON. Mayor-elect.
METGER, Clerk.

city is in Allegany County.

When Due. Floating debt
LOANS Tax valuation 1900
refdndino Water Bonds—

4b,

J&J, $55,000

1929

(Subject to call after 1904.)
Interest payable in Frostburg.
Bonded debt Feb., 1901... $55,000

$13,000

1,961,245
Tax rate (per $1,000) 1900 $16*47
Assessment about 23 actual value.
Population in 1890 was
3,804
Population in 1900 was
5,274

HAGERSTOWN.—John W. Recher, Clerk.
Washington County
This city

is

the county seat of
When Due.

LOANS—

Elkctric-Lioht Bonds—
4s, J&J, $40,000... July 1, 1924-63
Exempt from city and county tax)

4s,

J&J, $4.400

-W. W. Welsh, Clerk.

Rockville.

($2,000 due yearly on Oct.

Total valuation 1899... 11,481,700
Assessment about % actual value.
State & Co tax (perM)1900.$10-60
Population in 1890 was
27,185
Population in 1900 was
30,451

1.)

Turnpike Bonds—
4s,

Jan. 1,1902
($500 yearly) to Jan. 1, 1949

J&J. $24,000

TAX FREE —The above issue of bonds is exempt from taxation.
INTEREST

is

payable at the Montgomery Co. Nat. Bank, Rockville

PRINCE GEORGE'S CO
County
Upper Marlborough
seat

LOANS—

Countt Bonds—
5s,
5s,

July
July

1,
1,

When Due.

$5,000.... July
10,000.... July

1,
1,

1903
1908

J&J, $80,000

July

1,

1922

School Bonds—
5s,

.....

N. Eton, Tr.

Total debt Mar. 1, 1901. $100,000
Total valuation 1899... 10,524,735
Assessment is 23 actual value.
County tax (per $1,000)1901. $9-10
Population 1890 was
26,080
Population in 1900 was. ...29,898

Court House Bonds—
5s.

-E.

is

1903-1923

$8,000

($1,600 every 5 years.)
INTEREST is payable at the National Bank of Baltimore.
TAX FREE—All of the bonds issued by this county are tax exempt.

TALBOT COUNTY.—Jos. B.
bonds
Clerk. — County
F&A,
When
seat is Easton.

LOANS—

Due.

($1,000 due

1901
1908

Court House Bonds—
4s, A&O, $8,000
Oct.

1,
y'rly) to Oct. 1,

Railroad Bonds—
A&O, $33,000
Apr.

5s,

Subject to call after April

1, 1912
1, 1902

School Bonds ($500)—
4s&5s, A&O, $3,000... Oct.
($1,000 due yearly) to Oct.

1,
1,

1901
1903

WASHINGTON
Hagerstown
is

Harrington,

are tax exempt.
$13,000... Aug. 1, 1924

All

413s,

Subject to call after Aug. 1. 1914
Total debt Feb. 1 1901 . $57,000
Sinking fund
10,375
Net debt Feb. l, 1901....
46,625
Total valuation 1900
8,679,050
State& co. tax (per M)1900.$10-77ifl
Population in 1890 was
19,736
Population in 1900 was.... 20,342
,

CO.— D.

C.

.

Gilbert, Clerk.

the county seat.

When Due
LOANS—
Refunding Railroad Bonds—

July 1, 1918
J&J, $187,000
4^s, court-house bonds.. $66,000
school house bonds
14,000
4s,
4s,
insane asylum bonds. 12,500
Bonded debt Mar. 1,1901.$279,500
4s,

.

TAX EXEMPT.— Refunding

Assets— RR.&Turnp. Stk.$607,640
Assess'd val'ation 1900.20,339,341
Assessment about 23 actual value.
State & co.tax (per M)1900.$8-27Ja
Population in 1890 wis .. 39,782
Population in 1900 wa»

45,133

bonds are exempt from county and

municipal taxes.

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding several civil divisions
in the State of Maryland which are not represented among the foregoing detailed reports. We add the population from the U. 8. Census
of 1900.

Tax

Bonded Floating
Place—

Debt.

Caroline County

$51,594
Cecil County
9,500
Laurel (C). Pr. Geo. Co. 29,000
Somerset Co
40,000
Westminster, Carroll Co 25,000

rateper Poj)uAssessed
Valuation. $1,000. lation.

Debt.

$13-00 16,248
$13,151,212
1078 24.662
2,079
2,000
1,045,000 14-425
4,409,700 12-575 25,923
3,199
5,500

Djstrict of

Columbia.

(INCLUDE THE LATE CORPORATION OF WASHINGTON.)
On July 1,

1878, the duties of the Sinking Fund Commissioners of the
Columbia were transferred to the Treasurer of the United
States, and since that date Congress has appropriated annually a sum
sufficient to pay not only the interest on the District's bonds but also,
District of

extinguish the entire debt of the Districtupon
the maturity of the 3-65 per cent loan, in 1924. Bonds are tax exempt.
Interest.
Principal.
• LOANS—
P. Ot. Payable.
When Due.
Outstand'g.
NAME AND PURPOSE.
itis believed, sufflcientto

—

—

>

>

District of Columbia—

& A
J&J
1873 c 7
J&J
do
Late Corporation of Washington—
Thirty-year funding.. 1872
6g M&N
Overdue bond, not pre*Fifty-yr. funding

1874c 4 r 365 F
1871c 7

Aug.

1,

Oct.

July

1,
1,

1924 $14,210,900
1901
319,000
1903
14,000

Nov.

1,

1902

531,600

7-3 int. ceased
100
*The faith of the United States was pledged to seoure the payment of
the interest on these bonds and to maintain a sinking fund sufficient to
redeem them all by maturity. The Issue is limited to $15,000,000 and
is exempt from taxation by Federal, State or municipal authority. The
coupon bonds are for $50 and $500 each, the registered bonds $1,000
and $5,000 each.
INTEREST on the bonds is paid at the United States Treasury in
Washington and at the Sub-Treasury in New York.
TOTAL DEBT.—The subjoined statement shows the District's total debt on the dates named:
Apr. 1, 1901. Apr. 1, 1900. Jan. 1, 1900. Jan. 1, 1897.
Total fund. debt..$15,075,600 $15,092,300. $15,112,800 $16,933,000
On July 1, 1878, when the duties of the Sinking Fund Commissioners
of the District were transferred to the Treasurer of the United States
the total debt was $22,106,650.
On Apr. 1, 1901, stook and bonds to the amount of $1,830 on
which interest has ceased were still outstanding; funds for the payment of principal and interest are deposited in the United States

sented

the county seat.

When Due. Bond, debt Mar. 1, 1901 $324,300

1930 Assessedvaluafn 1900.20.319,109
State & oo tax (p. M) 1900.$10-27i«
1911 Population in 1900 was. ...51,920
$106C0
4s, «r
Population in 1890 was. ...49,512
(Sub'iect to call after 1901.)
1940
3Us.g, .....$188,700
4s,

is

LXXI1

When Due. Total debt Mar. 1, 1901 $54,000
LOANS—
Court House Bonds—
Tax valuation, real
10,242,150
.A&O, $30,000.... 1901 to 1915 Tax valuation, person'l.. 2,239,550

Water stock

FREDERICK. COUNTY.— C. C. Ausherman,
Clerk County Com.

Vol.

MONTGOMERY CO.

TOTAL DEBT. SINKING FUND,
Gross water debt
Water sinking fund

:

1901 to 1911

($100 annually.)
4s, J&J, $7,600
4s, J&J, $2,100... July 1. '02 to '12
i:iectrio4s, .I&J,
.20,000 Interest payable in Hagerstown.
Drainage and street 4s, J&J. 50, 000 Bonded debt Mar. 1, 1901.$123,800
6,851,092
7,000 Tax valuation 1900
Improvement 4s, J&J
11,000 Assessment about 23 actual value
Drainage 4s, J&J
Fire Department 4s, J&J... 1,500 City tax (per $1,000) 1900. ..$6*20
Population in 1890 was
10,118
Paving Bonds—
13,591
1901 to 1916 Population in 1900 was
4a, J&J, $3,200

Treasury.

ASSESSED VALUATION.—The District's assessed valuation and
tax rate at different periods have been as follows
Personal
Total Ass' d. Rate of Tax
Real Estate.
Property.
Valuation, per $1,000.
Tear.
$179.3M,811 $11,697,933 $191,049,744
$1500
1900
15-00
176,567,549
14.391,438
190,958,987
1899
15-00
181,256,284
191,036,942
9.780,658
1898
180.376,908
9,532,851
189,909,759
15 00
1897
15-00
188,922,343
10,971,737
199,894,080
1896
15-00
192,555,046
11,719,308
204,274,354
1895
15-00
137,626,419
11,023,167
148,649,586
1890
15-00
93.502.464
12.795.934
106.298.398
1885
POPULATION— In 1900 (Census) was 278,718; in 1890 it was
230,392.

—

—

:

:

.

77

Debts and

Resources

OF

TTEJitt

I3ST

THE

TATE

WESTERN MIDDLE
INDEX FOR THE WESTERN MIDDLE STATES
OHIO-State,

Cities,

INDIANA—State.

&c

Cities,

ILLINOIS— State,

Pages 77 to 90
Pages 90 to 95

&c

J

|

ITS

FIRST, As

the

Feb. 19, 1803
41,060

Columbus
Governor (term exp. 2d Mon. Jan. 1902) - George K. Nash.
Secretary of State (term ends 2d Mon. Jan. '03) Lewis C LayliD.
W. D. Guilbert.
Auditor (term exp. 2d Mon. Jan. 1904)
Isaac B. Cameron.
Treasurer (term exp. 2d Mon. Jan. 1902)
Legislature meets biennially in even years, on the first
Monday in January. There is no limit to length of sessions.
State Capital

Pages 95 to 101

..

&c.

.Pages 101 to 105

—

,

P. Ct. Payable.

,

.

Principal.
Outstand'g.

>

When Due.

Sinking fund loan. ..1896 3
$250,000
J & J July 1, 1901
do
do
...1897 3
J <fe J July 1, 1902
250,000
War loan
July 1, 1903
1898 3
J & J
200,000
Domestic loan
Interest ceased.
1.665
TOTAL DEBT, Etc.—The total bonded debt on Nov. 15, 1900 was
$701,665; in 1899 It was $1,001,665; in 1898 $1,241,665; in 1897
$1,291,665; in 1896 $1,541,665 in 1895 $1,791,665; in 1894, $2,041,665; in *93, $1,791,665; in 1892, $2,041,665; In 1891, $2,291,665; In
1889, $2,796,665; in 1887 $3,340,000; in 1885, $3,720,229; in 1880,
$6,476,805.
COMPARATIVE STATEMENT OF THE STATE AND LOCAL DEBTS IN 1899
AND 1898.
1900.
1899.
Funded State debt (loans)
$701,665 00
$1,001,665
Irreducible State debt (trust funds)....
4,697,58170
4,684,536

—

Local Debts
Debts of counties
$10,521,247 58
Debts of cities, first and second class.. 70,041,687 30
Debts of incorporated villages
7,564,574 10
Debts of townships
912,109 71
Debts of special school districts
7,153,895 25

to the State's

first five sections

;

HISTORY OF DEBT.—The historical details of Ohio's State deht
from 1825 to 1894 will be found in the State and City Supplement
of April, 1894, page 75. The present State debt is as follows
Interest,

&c

Cities,

power to contract debt, this is regulated under
of article 8 of the Constitution. Section 1 limits the
power to the supply of " casual deficits in revenues or to meet expenses
not otherwise provided for," but in the aggregate debts for even the
purposes named cannot exceed $750,000. Section 2 contains an excep~
tion to the foregoing it grants the power to contract debt in case of invasion, of insurrection, of war or of the redemption of the then existing
indebtedness. Section 3 reaffirms the limit, except as above specified.
Section 4 forbids the loaning of the State credit. Section 5 further forbids
the assumption of debts by States. We Insert these five sections in full.
Section 1. [Debt limited to seven hundred and fifty thousand dollars].
The State may contract debts to supply casual deficits or failures in
revenues or to meet expenses not otherwise provided for; but the
aggregate amount of such debts direct and contingent whether
contracted by virtue of one or more acts of the General Assembly, or at
different periods of time, shall never exceed seven hundred and fifty
thousand dollars; and the money arising from the creation of such
debts shall be applied to the purpose for which it was obtained or to
re-pay the debts so contracted and to no other purpose whatever.
Section 2. [Additional and for tchat purpose.] In addition to the
above limited power the State may contract debts to repel invasion,
suppress insurrection, defend the State in war, or to redeem the present
outstanding indebtedness of the State; but the money arising from the
contracting of such debts shall be applied to the purpose for which it
was raised, or to re-pay such debts, and to no other purpose whatever;
and all debts incurred to redeem the present outstanding indebtedness of the State shall be so contracted as to be payable by the
sinking fund hereinafter provided for as the same shall accumulate.
Section 3. [The State to create no other debt.] Except the debts above
specified in Sections 1 and 2 of this article, no debt whatever shall hereafter be created by or on behalf of the State.
Section 4. [Credit of State; the State shall not become joint owner or
stockholder.] The credit of the State shall not in any manner be given
or loaned to or in aid of any individual association or corporation whatever: nor shall the State ever hereafter become a Joint owner or stockholder in any oompany or association In this State or elsewhere formed
for any purpose whatever.
Section 5. [No assumption of debts by the State.] The State shall
never assume the debts of any county, city, town or township, or of
any corporation whatever, unless such debt shall have been created to
repel invasion, suppress insurrection or defend the State in war.
The foregoing sections complete the limitation as to State debt and
oredit. Sections 7, 8, 9, 10 and 11 of Article 8 cover the matter of sinking funds referred to in Section 2 above. But they need not be published

Etc.

Admitted as a State (Act April 30, 1802)
Total area of State (square miles)

-

Cities,

MICHK JAN— State,

municipalities.

DEBT, RESOURCES,

LOANS

CITIES, Etc.

adoption of the Constitution of 1851 the whole situation in these particulars has changed, the legislative power with respect to the State
having been limited. The same is in large measure true also of the

State of Ohio.

NAME and PURPOSE-

STATES.

$10,473,555
65,565,276
9,417,256
800,739
7,170,639

here.

Total local debts

5,193,513 94
$93,427,465
ASSESSED VALUATION.—The assessed valuation of real and personal property in the State has been as follows
Tears.

Real Estate.
$1,274,203,721
1,256,524,330
1,244,817,473
1,236,911.871
1,226.988,666
1,214,928,085
1,200,364,474
1,232,305,312
1,160,165,882
1,102,049,931
1,062,915,044
707,846,636
639,894,311
341,389,838
85,287,291
50.086,250

Total.
Personal Property
$559,849,507
$1,834,053,228
530,034,260
1,786,559,069
515,439,970
1,760,257,443
511,096,768
1,748,008,639
1,741,028,437
514,039,771
527,589,429
1,742,517,514
542,297,641
1,742.662.115
545,833,165
1,778,138,477
509,913,986
1,670,079,868
J885
1880
456,166,134
1,558,215,965
187o
535,660,818
1,598,575,862
459,684,861
1,167,731,697
J870
I860
888,302,601
248,408,290
1850
98,487,502
439,876,340
1840
112,326,156
27,038,895
330
14,589,335
64,675,578
The State tax (per $1,000) for 1899 was $2-84 and $2-90 for 1900.
DEBT LIMITATION.— Ohio has very oarefully guarded the debtmaking power of the State. This could not be said while the Constitution of 1802 was in force for under that instrument it was competent
for the Legislature to construct works of internal improvement on
behalf of the State, or to aid in their construction by subscribing to the
capital stock of corporations created for that purpose, or to authorize
in other ways the creation of debt in unlimited amounts. But since the

1900
1899
1898
-897
1896
1895
1894
1890

;

SECOND, As to

Towns, Counties, <£c., so far as the Constitution
of the Legislature to authorize these municipalities to create debt, the limitations are found in section 6 of article
6 of
8 and in sections 1, 2 and 6 of article 13.
(1) Section
affects the

I

the General Assembly to authorize cities,
stockholders in or to raise money or loan
credit to aid corporations, &o. (2) Sections 1 and 2 of article 13 forbid
the passing of special acts and require general acts for conferring cor*
porate powers. (3) Section 6 of article 13 provides that the General
Assembly make provision for the organization of cities, &c, by general
lawsandrestricttheirdebt-makingpower. These sections areasfollows:
Article 8, Section 6. [Counties, cities, towns or toicnships not authorarticle

I

&c,

.

i

I

I

\

'

Cities,

power

to

8

forbids

become

ised to become stockholders,

etc.]

;

i

The General Assembly

shall

never

authorl-e any county, city, town or township, by vote of its citizens or
otherwise, to become a stockholder in any Joint stock company, corporation or association whatever or to raise money for, or loan its credit
to, or in aid of, any such company, corporation or association.
Article 13, Section 1. [Corporate potcers]. The General Assembly
shall pass no special act conferring corporate powers.
Section 2. [Corporations how formed]. Corporations may be formed
under general laws but all such" laws may from time to time be altered
or repealed.
8ection 6. [Organisation of cities, rfe.l The General Assembly shall
provide for the organization of cities ana incorporated villages by general laws and restrict their power of taxation, assessment, borrowing
money, contracting debts and loaning their credit, so as to prevent the
abuse of such power.
;

:

ST/VTE

7fc

'

fim

CITY SUf fiEMENT.

at first sight would infer from section 6 article 8 above cited that
not subscribe to the stock of or loan money to railroads, as
railroads are corporations and joint-stock companies. That, however,
is not a correct conclusion, as was decided in the case of Walker vs. The
City of Cincinnati, a case which arose under an act of the General
Assembly of Ohio entitled " An Act relating to cities of the first class,'

One

cities could

authorizing any such city to construct a line of railroad therefrom to
In
other terminus in that State or in any other State.
pursuance of the authority that act purports to give, Cincinnati
undertook to build the Cincinnati Southern Railroad. To test the legality of that proceeding this action was brousrht. The Court's opinion is
verv full and explicit, the conclusion being that from " the language
" of the section it is quite evident that it loas not intended to prohibit
"the construction of railroads nor indeed to prohibit any species of
"public improvements. The section contains no direct reference to
•'railroads nor to any other special classes of improvements or enter" prises. The inhibitions are directed only against a particular manner
" or means by which under the Constitution of 1802 many public im"provements had been accomplished."
In compliance with section 6, article 13 (cited above), which provides
for the organization of cities etc. by general law, the Legislature has
made an elaborate classification of municipal corporations. First they
are divided into cities, villages and hamlets. Then cities are divided
into two classes, the first class being subdivided into three grades and
the second class being subdivided into four grades, the grade being
determined by population according to the last Federal Census.
Cities in the First Class First grade includes all cities of more than
200,000 inhabitants second grade all less than 200,000 and more than
90,000 inhabitants third grade all less than 90,000 and more than 31,-

any

—

Akron School District.— F. W. Shirer,
Board of Education.
LOANS-

;

;

Hamlets—According to

section 1550 of the Revised Statutes all existing corporations organized as "incorporated villages for special
" purposes shall be hamlets until advanced to villages."

make any satisfactory generalization with regard
power the Legislature has granted these municipalities.
There are a few sections of the Revised Statutes authorizing bond
Issues which have a universal application, such as the provision
granting power to issue bonds in anticipation of special assessments,
but most of the laws for that purpose cover only one class of cities, and
many of them are so worded as to apply only to one city, and granting
an issue of bonds for a specific purpose. No general laws limiting the
powers of municipalities to incur indebtedness have been passed, alIt is impossible to

to the bonding

though section 6, article 13, appears to require it. And yet is it not a
question whether that section calls for any legislation of a general
nature except a general law " for the organization of cities, &c." t
POPULATION OF STATE—The population of Ohio has been as
follows in the years named.
1900
4.157,545 1860
2,339,511 1820
581,295
1890
3,672,316 1850
1,980,329 1810
230,760
1880
1,519,467 1800
3,198,062 1840
45,365
1870
937.903
2,665,260 1830

MAN,

JAJ,

IN

THE

This city

is

LOANS—

County seat is

LOANS—

When Due.

Funding Bonds—

MAS, $35,000

1902-1916

(f'2

,000 yearly on Sept. 15 to 1910,

and then $3,000

$20,000
Sept. 2, 1905
1910-1911
Feb. 2, 1917 4s
20,000
4s,
$50,000
Total debt Jan. 15, 1901. $190,000
Jail Bonds—
1901-1914 Tax valuation 1900
4s, ..... $14,000
4,791,099
Redemption Bonds—
State A Co.taxraie(perM)'99 21-92
1902-1904 Population in 1890 was
4s
$15,000
26.093
Population in 1900 was
26 328

Akron

is

WILLIAM

B.

H.

the county seat of

LOANS—

Refunding Bonds—
5s, semi-an.,
5s, semi-an.,

DOYLE,

$55,300

When Due.

Mayor-elect.
City Clerk.

When Due.
June 1,1901

.Sept.,
..

1901-1903
1920

Sept. 15,

Water Works Bonds—

A 6s, $195,550
1896-1906 4s, F&A, $81,000 Feb. 20, 1920-'29
Payable by special assessment.
($8,000 due yearly.)
5s, JAD, $12.000
June 1, 1901 5s, M&S, $20,000
1901- 1910
($4,000 due yearly) to June 1 1903 5s, MAS
15,000. .Sept. 1911'15
5s. FAA., $6,000
Aug. 1, 1901 Total debt Sept. 1, '99... $266,890
($1,800 due y'rly) to Aug. 1, 1903 Tax valuation 1900
3,128,980
4s, J&D, $40,000.... 1900 to 1906 Total tax (per $1,000) 1900.$27'20
Refunding Bonds—
Population in 1 890 was
7, 607
5s, MAN, $8,500
Nov. 25, 1902 Population in 1900 (Census) 8,974
48
9,000
school District Bonds—
48, MAS, 29,000
.Sept. 15, 1920 5s,
,$4,5O0
1900 to 1902
,

.

ASHLAND.— W.
This village

is

Heltman. Mayor.

0.

the county seat of Ashland County.

LOANS—

When Due. Floating debt

Second Street Impt

$1,000
Assessed valuat'n 1900.1,367,460
Real value about
2,500,000
Tax rate (per M.) 1900
35-50
Population in 1*90 was
3,566
Poimlation in 1900 was
4,087

$4,500
2,000
Funding bonds
5,500
Water-works construct'n.. 36,000
ClaremontAve.impt (sp'l.) 2,250
Main St. imp, (special;
22,000
Cottage St. impt. (special) 11,000
Bonded debt Oct. 1, 1900 83,250
Fire Department

—

School District Bonds
6s
$3,000
Sept.

ASHTABULA.— Frank
The city and school

1,

1904

W. Wagner. Clerk.

Ashtabula are in Ashtabula County.
When Due. Tax rate (City) 1900
LOANS—
$34-20
Refunding Electric Bonds—
Tax rate (School Dist.) 1900. 36*20
5s, AAO. *10,000. ...Apr. 1, 1911 Population (City) 1890 was.. 8,338
(*1.000 every AAO) to Oct. 1, 1915 Population (City) 1900 was.12,949
district of

Bond citydbt.Mar.lO.'01.$194,030

svo<l

Valuation (City) 1900.. 3,532,860
O.
ATUTTMC — w E.
L nr^lNO.
B
l

This village

is

LOANS—

GOLDEN,

.

When Due.

Improvement Bonds—
19011907

$10,000

Bond, debt Sept. 1, 1900. $122,500
Total valuation 1900 ...1,034,005
Assessment about ^ actual value.
Tax rate (per $1,000) 1900. $35'30
Population in 1890 was
2,620
Population in 1900 was
3,066

,

MAS. 8,000
Mar. 1,1902
($1,000 each MAS) to Mar. 1, 1905

5s,

ATHENS
County seat

CO.— Wilbur

When Due. Bond, debt
1

!

1901-1908
1.)

MAS, $200,000.1929 and 1939
Refunding Bonds—
,$4,500

Sept.

Sept. 1, 1900. $290,500
Total valuation 1900... 8,393,860
Assessment abt. 3-5 actual value.
Total tax rate (p. $1,000 '96) $12-30
Population in 1890 was
35,194
Population in 1900 was
38,730

1903

1,

;

:

ORPHAL, Auditor.
CLARK, Treasurer.

Q. A.
D. A.

Wapakoneta.

is

LOANS—

When Due.

Bridge Bonds—
6s, .....
os, JAJ,

F. Scott, Auditor.

Athens.

is

5s,
6s,

Clerk.

5s, ....,$3,500

Sept. 1, 1903
80,000... 1913 '18-2'3-'25
($20,000 on May 1 each year )
5s
,$20,000 ... .Jan. 1, 1926
6s, .....

Bonds—

the county seat of Athens County.

Refunding Bonds—
6s

District

$18,000
April, 1901-1905
4hs, A&O, $25,000. AAO, 1902-'ll
4s,

DAVIS, Mayor.

$

**

$2,000
16,000

($1,000 due y'rly)

July
to July

1,
1,

Special assessment Bonds—
1900-1903
,$11,800
33,900
1900-1907

6s,
6e,

1901
1901
1916

$10,000
90,000
15,000
6s,....,
,

,

Bonded debt Sept 1,1900.$178,700
County has no floating debt.
Tax valuation 1900... $10,928,900

Court House Bonds—

6s

5s

— }CHA9. Summit
I8BELL,
5

JAD, $3,000
MAS, 13,500
MAS, 29,000.

5s,
4s,
4s,

yearly.)

5s

,

,

ai/D r^kKl
AlrVlTtLJlN.

LOANS

Skwkk Bonds—

Improvement Bonds—

County seat

Turnpike Bonds-

4s,

V. Cassady, Treasurer.

Electric Light Bonds—

ADAMS COUNTY.— R. A. Stephenson, Aud. AUGLAIZE CO.—
West
Union.

|

WJien Due.

onstruction Bonds—

5s. JAJ, $20,000 .July 29. 19<)1
Total debt Feb. 21, 1901.. $65,000
Assess'd valuat'n 1900.17.731,010
8chool tax (per $1,000) 1900.$8'10

When Due.

5s,

Road Improvement Bonds—

Note. — For places not given in alphabetical order among the following statements, see "Additional Statements" at end of this Stale.

I

<

Clerk

in Stark County.

($10,000 yearly on Sept.

STATE OF OHIO.

I

ALLIANCE.— Frank

Countv Bonds—
5s, MAS, *80.000

Counties and Towns

School

5,000.. May 22, 1904
10,000.. July 29, 1905
10,000.. July 29, 1910

LOANS-

Cities,

LOANS—

Due.

$10,000.. Nov. 18, 1902
10,000.. July 29, 1903

4s, MAIS',
4s, JAJ,
4s, JAJ,

;

;

When

Refunding Bonds5s,
5s,

;

500 inhabitants.
Cities in the Second Class— First grade includes all cities of less than
31,500 and more than 30,500 inhabitants second grade all less than
30,500 and more than 20,000 inhabitants third grade all less than
20,000 and more than 10,000 inhabitants; fourth grade all less than
10,000 and more than 5,000 inhabitants.
Villages— Of the first class include ail having less than 5,000 and
more than 3,000 inhabitants the second class includes all having less
than 3,000 and more than 200 inhabitants.

LXXII

Vol.

1901-1905
1900-1909
1900-1902

Assessm't 40 to 60 p. c. actual value

Tax

rate (per $1,000) '97... $11

Population in 1890 was
Population in 1900 was

00

28,100
31,192

County.

Street Imp. Bonds— (Con.) —

5s, semi-an., $41,600.-1899-1904
4s,
10,000 1900-1904
,
5s, MAS,
120,000.Mar., 01-'06

16,000... 1901-1908
4s,A&0,
4,400Oot.l901-'04
($2,000 due yearly on June 16.)
58. semi-an., $20,000. Sept. 7, 1905 5s, JAJ, $2,000.... July. 1901-1904
5s. M<sN, 6,500
Nov., 1901-'08
Fire Bonds—
Refunding Bonds—
5s, MAN, +65,000. May. 1901-1904
4s, J&D, $13,000
June 1, 1907
(Part each MAN, V. 70, p. 805.)
4s, JAD, 73,000.. .June 16, 1910
Sewer Bonds—
18P9-1904 Bond. debtOct. 18. 1900 594,200
$45,850
27,601
5b, JAJ, $23,000. July. 1901-1905 Population in 1890 was.
(Paris of several townships an($5,000 due yearly.)
nexed since 1890.)
Street Improvement Bonds—
42,728
5s, semi-an., $194,300 1899-1906 Popula'n in 1900 (Census)
INTEREST is payable at the office of the City Treasurer in Akron
and at the National Park Bank in New York.
ASSESSED VALUATION.—The city's assessed valuation (which Is
50 per cent of actual value) and tax rate have been as follows
Personal
Total Assessed Rate of Tax
Real
Property.
Valuation.
Tears.
per $1,000
Estate.
$25-30
1900
...
$17,731,010
24-20
16,552,660
1899
$4,804,580
$11,748,080
24-20
139S
16,552,660
4,804,580
11,748,080
24-20
16,816,450
1897
23-20
5,104,450
16,580,000
1896
11,475,550
1895
5,831,360
17,007,900
22 00
11,176.540
25-40
1890
7,103,520
4,513,480
11,617,000
1200
1889
6,886,790
4,002,260
10,889,050

AVONDALE.— See the city of Cincinnati.

,

.

.

BARNESVILLE.— H.
Village

is

in

LOANS— J»»'- Outstand'g.
Fire department bonds 6s. .$2,000
Street opening bonds 6s
1.000
35,201
8treet bonds, 6s
do
5s
3,063
Bonded debt Mar. 9, 1901. .41, 264

BELLAIRE
This city

is

in

City Notes
6b, MAS, $ 1 4,241

<
I

When Due.

1

|

I

I

I

Floating debt
$4,500
Total debt Mar. 9, 1901.
45,764
Tax valuation 1900
1.171,448
Tax rate (per $1,000) 1900.$2940
Population in 1890 was
3,207
Population in 1900 was
3,721

$2,400

Water Bonds— (Con.)—
AAO, $50,000
Oot. 1, 1910
Refunding Water Bonds—

5s,

part yearly.

4s,

Part yearly

Street Paving Bonds—
1901-1909
MAS., $5,970
(Part due yearly.)

Water Bonds—
Bemi-ann. 13,500.. Sept.
($2,000 due yearly) to Sept.

6b,

Clerk.

I8AAC FREEZE. Mayor.
F. A. JACK80N, City Clerk.

Sewer Bonds—

6s,

Dement,

Belmont County.

LOANS——

6s,

E.

Belmont County.

1.
1,

1901
1905

AAO,

$50,0i>0

Oct.

1.

1920

Total debt Sept. 1. 1900. $143,611
Tax valuation 1900
3,051,500
Assessment loss than *3 actual val.
Total tax (per 1.000) 1900. $26 00
Population in 1890 was
9,934
Population in 1900 was
9,912
Interest is payable at Bellaire.

,

BELLEFONTAINE.-JL
Logan County.
When Due.
LOANS—
Electric Light and Paving

This village

Is

Fire Dept.

.. Julv 1905 to '14
Total debt Mar. 1, 1901.. $207,392
2,376.330
Tax valuation 1900

Street Imp. Bonds—
1.4.715

^

Assessment about

1901-1910
1900-1909

,$26,300
...

6s,

Bonds— (Con.) —

5s, July, $5,000.

1901-1919

$16,200

6s

Nichols, Clerk.

J.

In

—

6s

actual value.
Total tax (per $1,000) 19oO.$32-80

J&J, $85,000

1905-1916

Population in 1890 was
Population in 1900 was

$63.000

1900-1937

School Distr ict Bonds
6s
$8.000.... 19

Refunding Bonds—
6s,

Water Works—

6s. var..

4,245
6.64'j

—
to
to
to

1902
1914
1906

190*
12,000
4s,
Fire Department Bonds—
1903
1901 to 1904 4s, M&S. 8,500
$1,200
bonds is payable at Bellefontalne'
INTEREST on the water- works
on the refunding bonds at the First National dank, New York.
.

6s, Sept.,

BELMONT CO.— Madison" Aldredge, Auditor.
County seat

Clairsville.

is St.

LOANS—
Coorr Bonds—
4s, M&S,
4»28, .. ,
4i*s,

Court House and Jail—
1900-1903
M&S, $57.000

When Due.

5s,

Total debt sept. 1, 1900 $213,000
Tax valuationin 1900.-21.954,123
Assessm't about 60% actual value.
57,413
Population in 1890 was
Population in 1900 was .. 60,875

1911-1913
Mar. 1, 1907
Mar. 1,1908

$50.000
8.000
7.000

Bridge Bonds—
5s, M&S, $50,000
58, M&S, 16,000

Sept. 1, 1905

Sept

1,
1,

June

8,000

5«, J<feD,

1910
1901

in

LOANS-

5s.
5s.

1905. to

1,

Electric light Bonds—
M&N, $12,000. May 1, 1902 to

M&N) Nov. 1, 1913.
City Hall Bonds—
•58, M&N, $2,000. May, 1901-1904
($500 each

Refunding Bonds—

5s, Jan.

is

is

1901-'07
1901. to

Nov.

1,

1908

$17,9
1,

to

1905

payable at the Bank of Berea Co.

BOWLING GREEN,
Wood
This village

1,

Bonds—
1900
$6,000

5s,

INTEREST

1,

May

School District

$3,200...Ian.l,1902-'08

..

2, 100...

1901 71,100
A-sesse I valuation 1900 .598,v!80
Tax rate (per $1,000) 1900.$277O
2,5^3
Population in 1890 was
2,510
Population in 1900 was

48,

Mar.
($1,000 due yearly) to Mar.

Refunding Bonds—
Apr.
A&O, *5,000

4^s,

($500 every 6 mos.) toSept.l. 1903.
Total debt Sept. 1, 1898. $86,340
Refunding Bonds—
1908-1917 Tax valuation in 1900 ..1,442.340
5s, M&S, $10,000
Tax rate (per $1,000) 1900. $3400
($500 every M&S.)
3,467
4e, M&S, $10,000 May 1, 1903, to Population in 1890 was
Population iu 1900 was
5,067
<$500each MsS) Sept. 1, 1917.
Scnool IHstrict Bonds—
Sewer Bonds
1905
$11,000
4s, M&S, $10,000.. Mar. 1. 1902. to 5s,
<*5u0 each M&S).. Sept. 1, 1911.

$56,000

6s

Sept.

1,1912

—

I

When Due.

LOANS—

village

is

in

This city

LOANS—

Various

4s

Dec.1903 to TO
.July, 1901 to '07
..Feb. 12, '15 to '18

3>ss,
4a,
5s,
5s,

Aug. 1,1909

3,000

—

3^s,

F&A,
F&A,

1902 &
1901 to
1901 to
1901 to

7,000
17,600
4.200...

1904
1910
1905
1910

July, 1901-"05
July, 1902-'10

W'ater Works Bonds—
J&J,$10,000. . .July 14, 1901
1901-1902
10,000
4^28...... 24.000. .Dec. 1903-1910
5s, F&A, 30,000.... Aug. 20, 1904
($10,000 due y'rlv) to Aug. 20, 1906
5s, J&J,
15,000. .July 15, 1903
($5,000 due y'rly) to July 15, 1905

2,500... Sept. 1, 1914
1912-'15-'18
1915
31,000.
1

40,000

.

. .

Refunding Water Bonds—

4s. stmi-an., $38,000. Sept. 1,
M&S,
4s.
15,000. Sept. 1,

1907
1908
1909

F&A,
15,000. .Feb. 1,
F&A,
15,000... 1912-15-18
Park Bonds—
5s, A&O, $3,000.. June. 1901-1903
.July, '04 & '06
1908 5s, A&O, 20,000.

12,000. . . .Aug. 20, 1902
13,000. . Aug. 20, 1903
44,000. .Feb. 1,1904 '05
lune 15, 1904
25,000
. .

J&J,

Feb. 1,1909
36,000... Various to 1907

5s,
5s,

Sewer Bonds—
M&N, $12,000.... May 20, 1901
M&N, 13,000.... May 20, 1902

5s,
5s,
5s,
5s,

Sept. 1, (908

M&S, 4,000
M&S, 13,000
M&S, 3,600

4s, ....,
4s, ...

Refunding
4s, M&S, $13,933.... Mch. 1, 1908
Mar. 1, 1909
58, MAS, 10,000
3»as, F&A, 25,000. ...Aug. 1, 1909
313s, M<SS,
4*29, F&A,

,

4s

Junel, 1909
Sept. 1, 1903

J&D, $26,000

—

$15,000
15,000

5s

—

25,000

When Due.

Street Improvement Bonds

$2,400.. June, "01 to '02

,

New York and on

N. Ley, Clerk.

When Due.
LOANS—
Current Expense Bonds—
5s,
$=«9,102
4133,
24,000
5s,
35.000
4»ss, 30,000

payable in

seat of Stark County.

the

is

is

($5,000 yearly) to June 15,

3^3,

4*28.

.

Various
paid in part by Kountze Brothers,

$15.000

5s,

NTEREST is

New York, and

in

part in Canton.

TOTAL DEBT, ETC-—The city's total debt on Mar. 18, 1901, was
$711,055, including water bonds $188,000 and street improvement
bonds $95,619.
ASSESSED VALUATION in 1900 $11,902,900; real valuation
estimated at $40,000,000; city tax rate (per $1,000), $12-00; total tax
rate (per M.) in 1900, $3000. In 1891 it was $12,000,000, real value
being about $26,000,000.
POPULATION in 1900 (Census) was 30.667; in 1890 was 26,189
1880 was 12,258; in 1870 was 8,660.

in

District.

—

S. J.

Harmouxt, Clerk

Board of Education.

I

|

Bond, debt Mar. 15,1^01. $215,000
Assessed valuat'n 1900.11,547,300

I

|

School tax. 1900
Population 1899

(est.)

$8-20
40,000

I

.

I

I

I

DTTPVDTTC
t»UU I rt U O. —

EDWARD SANDFAIR,

CELINA.This village

is

RALPH

Le BLOND,

G.

Mayor.
Clerk.

in Mercer County.

When Due.
Water- Works Bonds—
LOANS—
Light Plant Bonds—
6s, ...., $50,000.... Oct. 15. 1931
4s. J&D, $5,000
June 12, 1915 Int. payable at Village Treasury.
4s, J&D. 20.000.. ..June. 1916'25 Total debt Sept. 1. 1900... $82,500
i

<

I

C. F. BtRK, Mayor.
\v. C. FRANZ, Clerk.

I

I

the county seat of Crawford County.
Refunding Bonds— (Con.)—
When Due.
LOANS—
Street Improvement Bonds—
6s, Nov. $50,000. Nov. 1,1901 '10
6.000. Feb 15, 1902-*l.->
Sept.1,1901 5s, F&A,
6s, M&S, $2,000
Apr. 1, 1902
5,000
May 1, 1902 68, A&O,
6s, M&N, 1,500
Junel, 1902
(£1,000 yeany) to April 1. 1906.
6s, J&D,
2,400
6a, M&S, 10,500
Sept. 1 1902 Total debt Mar. 1, 1901.. $125,530
2,^22,720
6s,M&S,
Sept. 1, 1908 Tax valuation 1900
7,500
1901-1905 Assessment about 40% act. value.
68. J&J.
6.878
Oct. 1, 1904 Total tax (per $1,000) 1900.$3040
69, A&O, 10,052
5,974
6s,
2,000 ...Nov. 1902-'05 Population in 1890 was
6,560
Population in 1900 was
Rbfunding Bonds—
School District Bonds
6s, M&S, $11,000
Mar. 4. 1910
Sept. 1, 1904
6s, J&D,
Deo. 1, 1908 6s, M&i, $8,000
9,000

This city

NTEREST

CANTON.— Louis
county

Belmont County.

Assessed valuat'nl900 $1,200,000
$26 60
$25,000 Tax rate (per M.) 1900
3,369
31,000 Population 1890 was
3,963
75,000 Population in 1900 was
Street Impr'ui't 4s, 1929
School District Bonds—
Bonded debt Mar. 1, 1901.131,000
5s, .. ,$6,000.... 8ept. 1,1901-06

8ewer 5s, 1913
Water 5s. 1919

.

Canton School

BRIDGEPORT. —This

1908

1,

17,000.. Jan. 1907-'23
on the rolling mill loan
other loans in Cambridge.

Jan.

4s,

I

Street Improvement Bonds—
Sept. 1, 1900
5s, M&N, $4,000

When Due.
LOANS—
Gas, Town Hall, Etc.—

Jan. 1911-'30

•

Bond debt Sept. 1, 1900. $199,936
1923 Tax valuation 1900
1,846,215

,

County.

in

1919

Assessment 50 to 60% actual value.
Total tax (per $1,000) 1900.$34 10
1920 Population in 1890 was
8,000
4,361
4s
Population in 1900 was
Rolling Mill—
— 8,241
Jan. 1, 1900
School District Bonds
(5s, J&J, $14,000
(duesemi-annually).toJuly 1, 1903 5s
$30,000. .. .1900 to 1908

5s

IlI k° wiElSsonJcU

J&J, 20,000

4s,

1,

41*8, M&S, $9.000. ...Sept. 1,
413-. A&O, 21.110. Oct.,1900 to '08
July 1, 1919
4s, J&J, 8,000

5s,
i

Jan.

Park Bonds—

1902
1906

1,
1,

Street Bonus—

5s,
5s,

.

M&N,

J&J, $7,000

4s,

Market House Bonds—

J&J. $3.900.. July

($150 each M&tf)
Paving 5s
Bonded debt Mar.

($1,000 every 6 inos.i.Nov.l, 1919

Cemetert Bonds—

,

M&S, $5,000

A&O, $6,000

...Apr. 1, 1910
J&J, 60,000
1905 1934
($1,000 due in Jan. and July.)

413s,
4*23,

Funding, Etc.—
6s,

When Due.

Water Bonds—

4»*8, M&S, $9,000.... Sept. 1, 1923
July 1, 1919
4s, J&J, 17,000
5»2S, Oct., 6,311. ...yearly to 1908
Apr., 1901'10
5s, Apr 28.718

5s,

Cuyahoga County.
When -*>»«•
Sewer Bonds—

Water Bonds—
4s, MAN, $30,000. May

LOANS-

Amount.

3*8

<

is

LOANS—

Sewer Bonds—

Fire Department Bonds

C.
prnr; A
DCrtHA. — iO. T. LANE, Mayor.
R. STONE, Clerk.

This village

79

OttlO— CITIES *1N& TOWNS.

April, 1901.

is

I

Highway Bonds—

Total valuation 1900
875,340
J&J, $25,000. .. July, 20,'16-'20 Total tax (per $1,000) 1900. $3 8 50
street Improvement Bonds—
Population in 1890 was
2,702
Aug. 15, 1903 Population in 1900 was
6s,...., $7,500
2,815
school Distntt Bonds —
4s, May, 25,000.. May, *09 to '13
6s
$16,000.... Mar. 30, 1917
4s,

.

,

M&N

—

INTEREST

on the street improvement bonds

is

payable at Bucyrus.

CHICAGO Huron County.
JUNCTION.— Wm.
This

is

LOANS.$25,000

..

LOANS—

Bridge Bonds—

When Due,

,

M&->,

,

11.000..8ept.,1901-'ll

County Fund—
4>38,
4»«8,
4139,
4>*8,

Court House Bonds—
.May 6, 1901
4s, M&N, $100,000
.

J&J, $35,000.
1908
4^8, J&J, 30,000. ,.1910-'11-'13
($10,000 due each year.)
4i*8, J&J, $15,000
1915
10.000
4H>8, J&J,
1917
4»28, J&J,
15,000
1919
4138, J&J,
10,000
1921
4»98, J&J,
20,000
1924
4»«8. J&J. 50 ,00O.... July 1, 1901
($10,000 due y'rly) to June I, 1905
4Mjs. J&J. S4.000
Jan. 1. 1902
($2,000 due yearly) to Jau. 1.1903)
4^8, J&J, $21,000 July 02- 0V'0S

4*ss,

4s.

.

$15,000.

5s,

.,

Water Bonds—
5s, F&A, $10,000.

Refunding Bonds—

J&J. $15.000.Jan. 1,1903-'10
($2,000 due yearly.)
Agricultural Society bonds—
4s. J&J. $H.000...July, '01 to '09

4»«8,

Bonds—
F&A, $10,000
Road Improvement—
4*2S, M&S. $25,000
Jail

6s,

igoi-'os

1906

Interest payable at Hamilton.
Bond, debt Apr. 1. 1 900. $496,000

Floating debt (addl'l)

. .

42,490

,

($5,000 due each year.)
70,000.. J uly,1902-21

3 65s,J4J,

County tax (per $1,000) 1900.$5'78
48,597
Population in 1890 was
56,870
Population in 1900 was

•The Miami University lands (22,529 acres), appraised at $1,106,890,
are exempt from all State taxes except those for school purposes.

CAMBRIDGE.—T.
is

It.

Dkselm, Clerk.

located In Guernsey County.

This city

Bonded debt

Sept. 1, 1900.$50,000
Assessed valuation 1900 527,413
Tax rate (per $1,000) 1900.$38-20
.1903-1917 Population in 1890 was
1.299
Population In 1900 was
2,348
,.19261935
School District Bonds—
6s
1899 to 1912
$14,000
,

is

—

5

f. J.

esker, Mayor.

R H LANSING, Clerk.
Sewer Bonds—
When Due.

1
in Rosa County.

LOANS—

.

($20,000 due yearly) to May 6, 1905
4>2S, J&J, $20,000... July 10, 1906
4*28, J&J, 25,000.. .July 10, 1907

M&N, $20.000
1902 Assessed valuafn, real*23,978.573
M&N, 20,000
1903 Assess, valuat'n, pers'L 8,4 30,099
M&N, 20.000. 1904-06'09 Total valuation lyOO... 32.403.672
M&N, 20.O00.. *12- 14-'16-'13 Assessment about 40% act'l value.

This city

When Due.
..1901-1925

r-T_rTT t irr^nrj-jxr
LvrllL_,L_10<^» tin..

Hamilton.

Clerk.

Electric Light Bonds—

BUTLER COUNTY.— Henry C. Gray, Aud.
County seat

Lowry,

village is in

}

Refunding Bonds (Gold)—
4 Hag, J&D, $100,000. ..Deo.

1.

1916

Street Improvement Bonds—

$17,200... Aug. 15, 1913
(Subject to call part vearly.)
July, $47,400
July, 1914
4s,
(Subject to call after 1900
4s, July, $7.600
July, 1915
(Optional $600 vearly 1901 to 1909
and $400 thereafter )
July, 1915
48,... ,$22,000
(Optional part yearly )
4s, March. $30,500. Maroh 8, 1916
(Optional *>2,000 yearly.)

5s

t

OPTIONAL—The

5s
Oot.4, 1913
$7,000
(Subject to call after July 1. 1900)

Bonded

d't Mar.15,1901 .$321,700
Total valuation 1900. ...5,405,688
Assessment about >a actual value.
Total tax (per$1.000) 1900. $29-30
Population in 1890 was
11,288
12,976
Population in 1900 was
School District Bonds —
1900-1917
6s
$9.000
1901-1920
40,000
58
,
,

may be redeemed six each year
Dec 1, 1902, seven each year for six years
1909, and eight on Dec. 1, 1915.
payable by the Farmers' Loan & Trust Co., N. Y.
refunding bonds

for seven years beginning

beginning Dec.

INTEREST

1,
is

a
i—
C irNOlINlN A. TI
1
TTSkT

TTSJ1S.T

JULIUS
— iPAUL FLEISCHMANN, Mayor.
MILLIK1N.
Hamilton

i.
Cincinnati is situated in

J

M.
County.

Auditor.

In 1895 the villages of Avondale, Clifton, Linwood, Riverside and

Westwood were annexed to Cincinnati and their indebtedness was
assumed by that oity. The Legislature of 1900 passed a bill providing
for the annexation of a number of surrounding villages, subject to a
vote of the places affected. The annexation project proceeded so far
that the Board of Legislation had passed an ordinance providing for

—

.

STATE AND OJTY SUf piEWENT,

80

in the territory affected, but later this ordinance was repealed (V. 71, p IO6O1 and the matter has since been[in abeyance
The city Sinking Fund Trustees entered into an agreement with
a New York Arm in 1898 looking to the refunding of the CinThis agreement was set aside
cinnati Southern Railway bonds.
by Judge Spiegel on Aug. 18, 1898, and upon appeal the State Supreme
Court affirmed that ruling. V. 67, p. 1 89 and 442; V. 68, p. 1 143. The
U. S. District Court also declared the contract void. V. 71, p. 928.
The Board of Trustees of the Cin. So. Ry. has also twice advertised
for proposals to refund these bonds, first on Dec. 20, 1898 (V. 67, p.
1122), when all bids were rejected. They again called for proposals July
19, 1899 (V. 68, p. 1236), but only a small portion had been offered for
extension when litigation again blocked further refunding operations.
This suit was dismissed on Sept. 7, 1»99, by Judge Davis, of the Common Pleas Court, and the deoision was approved by the Supreme
Court on appeal June 19, 1900. By agreement made in March, 1900,
between the two boards the Board of Trustees had until July, 1901,
to extend time of payment of these bonds, and if refunding was not
accomplished bv that time the Sinking Fund Trustees were to undertake the operation.— V. 70, p. 495. The Board of Trustees, however,
has notified the Sinking Fund Commissioners that they will make no
further effort to extend these bonds, and the securities will therefore be
taken care of by the Sinking Fund Trustees, who will issue consolidated sinking fund bonds to provide the means for their redemption.

an election

—

LOANS—

NAME AND PURPOSE.

Interest
Rate. Payable.
.

When

& D June

Principal.
Outstand'g.
Due.

1912
*$144,000
1902
Subject to call after June
*494,000
1902
J & J July
Cincinnati South. R'y.. 1872 7
1902
7,644,000
do
1872 7-3 J & J July
do
1906
2,890,000
do
1876 6g. M & N May
do
1906
1,865,000
do
1876 73 M & N May
do
835,000
1908
M & N Nov.
1878 7
do
do
895,000
1909
F & A Aug.
do
1879 6
do
1911
*325,000
1892 4
J & D June
City hall 10-20s
1901
Subject to call after June
1930
1,332,000
M & N May
Con. sink, fund 30-50s, 1880 5
1910
Subject to call after May
1931
967,000
do
1881 4
J & J July
do
1911
Subject to call after July
1941
77,000
4
do
J & J July
do
1937 **3,600,000
do
doR'f'gl897 365 F & A Feb.
992,000
May 15, 1904
1874 7
Funding
50,000
May 1, 1906
Hospital, 1876, Letter S3... 7
*68,000
June 1. 1939
4
J
Liberty Street viaduct
34,000
July 1, 1926
House of Refuge bonds,'96. 4
35,000
May 1,1 1904
Mc Lean Ave. sewer, Let.U2 6
*35,000
M & N May 1, 1909
do
5
do
do
16,000
J & D June 1, 1915
Madisonville Ave.bonds, '96 4
100,000
S Mar.17, 1908
Orphan asylum, registered.. 6
*150,000
June 1, 1910
4
J
Pavement
Subject to call June 1, 1900
*449,500
June 1. 1911
4
J
do
Subject to call June 1, 1901
June 1, 1912
*445,500
J
4
do
Subject to call June 1, 1902
'200,000
4
J & D June 1, 1914
do
Subject to call June 1, 1904
150,000
1900 3^8 J & D Dec. 1, 1920
Repaving

Bowlder pavement

1893 4

J

M&N
M&N
&D
J&J
M&N

1,
1,
1,
1,
1.
1,
1,
1,
1,
1,
1,
1,
1,
1.
1,
1,

M&
&D
&D
&D

Subject to call after Dec. 1 1910.
June 1, 1929
4
J
Trunk sewer
Subject to call after June 1, 1919
1893 4
J & D June 1, 1932
do
Subject to call after June 1, 1922
4
J & J July 1, 1918
University, Letter H2
June 1, 1911
J
1891. 4
"Waterworks,
Subject to call after June 1, 1901
18*8. 3*2 F & A Aug. 1, 1938
do
Subject to call after Aug. 1, 1918
Aug. 1, 1939
1899 3
do
Subject to call after Aug. 1, 1919.
Feb. 1, 1941
1900 3
do
Subject to call after Feb. 1, 1921.

&D

,

*50,000

300,000

UOO.000

&D

F&A
F&A

4

Viaduct bonds

J

&D
&D

June

Subject to call after June

Workhouse imp., 1893
Avenue bonds

4
4

J
J

Sewerloan

5

5

J

Street improvement
Fire and police irapt

4

"540,900

U.000,000
1,000,000

1922
1912
1923
1912

*350,000

*100,000
55,000

Various

Sidewalk bonds

June

1,
1,
1.
1.

*199,000

AVONDALE-

Turnpike

& improvem't

Water loan

CLIFTON

5
5
5

& D June

1904-1917
July 1. 1913
1921-1925
Various
1914-1923
Various

&

2,500

M&N
J & J

230,000
74,500
25,000
75,000

Gen. Improvement bonds.... 4*a J
4*2
....
do
do
Sewer bonds
4*a J
5
J
Water bonds
4*2 A
do

May 1,1914
Jan.

1,1907

& J July 1,
May 1,
& J July 1,
& J Jan. 1,
& O Apr. 15,

1918
1920
1917
1906
1922

$99,500
50,000
50,000
20,000
12,000

1904
Aug. 1,1923
O Feb. 1, 1923

$3,000
29,000
40,000

M& N

LINWOOD-

Water-works&eleo.-lgtbds. 6
do
5
do
do
5
do

RIVERSIDG-

8treet and sewer improve't.

do

do

5
5

Highway improv't bonds... 5
Waterbonds
5

WESTWOOD-

$57,500

J

A&O
A& O
A &

April

1,

Various
1902-1922
J & D Dec. 1, 1912

J

&

J

M&N
J & J
F&A
J &J
M&S
J & D

$11,000
19,000
15,000
35,000

19251929

Nov. 15, 1930

**$9,300
1908
**2,200
1909
Waterbonds
20,000
1915
1925
Sidewalk bonds
20,000
Turnpike bonds
1925
20,000
Various
1900-1905
29,745
Assessment improv't bonds
PAR VALUE OF BONDS-—The bonds in the above table marked
thus * are, in whole or in part, $500 pieces. Bonds marked thus ** are
in whole or in part, $100 pieces, or uneven amounts. All others, $1,000.
INTEREST on bonds is payable at the American Exchange National
Back of New York and the Third National Bank of Cincinnati, which

Town-hall bonds
do
do

6
6
5
5
5
6

July
Feb.
July

1,
1,
1,
Sept. 2,
Deo. 9,

are the authorized agents of the trustees of the sinking fund.

TOTAL DEBT, SINKING FUND ETCJan., 1901.
Tot. bonded debt.$26,997,400

Sinking fund

2,134,206

Jan., 1900.

the road to the Cincinnati Hamilton & Dayton Railway and the Southern Railwav was voted on August 3, 1896, and defeated— V. 63,p. 153,
228. The State Legislature in 1898 passed a bill permitting an election
to vote to extend the lease beyond 1906 (V. 66, p. 900), but at this
date (April, 1901,) no proposition has yet been submitted. President
Texas Pacific Railway Co.
Spencer of the Cincinnati New Orleans
has submitted a proposition to the Board of Trustees for the renewal
of the lease, to date from Oct. 12, 1901. The proposition is to extend
the lease for a term of not less than sixty-five years at an annual
rental of $1,050,000. Other considerations are also mentioned in the
proposal. See V. 72, p. 499. If accepted, proposition must be voted
upon. (See V. 72, p. 499.) The water-works pays the interest and
sinking fund on all water bonds.
ASSESSED VALUATION, Etc—The net debt on Dec. 31, assessed
valuation and tax rate, have been as follows.
Assessed Tal'n. Tax per $1,000
Net Debt.
Tears.

&

1900
1899
1898
1897
1896
1895
1890
1885
1880

Jan., 1898.

$27,371,600 $27,185,700
1,825,143
2,016,168

$27,451,800
1.969,341

Net debt
$24,863,194 $25,546,457 $25,169,532 $25,482,459
Water debt (incl'd)
$2,081,900
There were outstanding on Jan. 1,1901, street bonds to the amount
of $1,080,273 (>3 payable by special assessment and not included in
the above statement of total debt. Of this amount bonds to the
amount of $972,637 75. together witli $92,500 bonds of the Board of
Education, were held by the sinking fund, these, and the cash on
band amounting to $1,069,068 06, being applicable to the payment of
the general bonds.

CITY PROPERTY-—The

city owns the Cincinnati Southern
Railroad. The rental received for the road is $1,090,000 till 1901 and
then $1,250,000 till 1906, when lease expires.
proposition to sell

A

$24,863,194
(25,546,456
25.169.5S2
25,482,459
25,951,249
25,465,867
24,723,068
24,468,405
23,953,981
In 1900 population

POPULATION—

1890

was 296,908

it

1880 255,139

in

;

$25'98
$202,415,840
25-74
197,020,800
25-30
196,141,670
26-18
196,818,200
26-40
198,536,580
28-32
188,484,880
26"66
177,773,240
26-86;
170,086,968
31-00
167,535,356
(U. S. Census) was 325,902; im

1870 216,239.

in

;

Cincinnati School District
When Due. Asses'd
LOANS—
I

3s,

A&O, $50,000

Bond, debt Sept.

1,

Oct. 1, 1940

i

1900. $607,800

The

|

When Due. Tax

valuation, 1900... $3,057,800
Total tax, per $1,000 1900. $30-40
Population in 1890 was
6,556
Population in 1900 was
.6,991
School District Bonds—

Hall and Library—
6s,

$9,000

1,1905

Sept.

Refunding Bonds—
6s,

Naumann.

Co.

city is situated in

LOAN S—

—

val't'n 1900. $208,720,780
School tax (per$l,000) 1900.$4-10

CIRCLEVILLE.— Chas.
Pickaway
$33,000

1,1911

Sept.

Total debt Mar. 18, 1901.. $42,000

Auditor.

— County

LOANS—

Jail

When

H. P. WlLLIAMSj

$112,200
Assessed valuat'n, real. 7,921,200
Assessed valuat'n, p'snl 2,053,4 00
Total valuation 1900.
9,974,600
Tax rate (per $1,000) 1900.$ll-70
Population in 1890 was
33,553
Population in 1900 was
31,610

1901-1923

1901

$4,000

1912

is

Bonds—

6s,....,

1,

Batavia.
Due. Total debt Mar 1,1901.

seat

Deficiency Bonds—
5s, ....,$77,000

Mar.

$14,000

6s,

CLERMONT COUNTY.Bridge Bonds-1897—
$20,000

1906-1915

5s, ....,$11,200

19011905

5s

Turnpike Bonds—

CLEVELAND,
Cleveland

is

situated in

TOM
1

4s,
4s,
4s,
48,
5s,
4s,
4s,
4s,
4s,
4s,
48,
4s.
4s,
4s,
4s,

M&N,
A&O,
J&J,

Auditor.

LOANS—

A&O, $250,000.. Oct. 1, 1928
A&O, 100.000.. Oct. 1, 1919
A&O, 200,000. .Apr. 1,1920
Giddings Brook Bonds4s,
A&O, $50,000. ..Oct, 1, 1918
Sewer Bonds—
A&O, $56.000.. Oct. 1,1902
4s,
A&O, 32,000. Oct. 1, 1901
4s,
5s,
A&O, 36,000. .Oct. 1,1901
5s,
A&O,
6,000.. Oct. 1, 1902
A&O, 51,000.. A&O, 190?
4s,
4s,
A&O, 20,000.. Apr. 1,1904
A&O, 23,000.. Oct. 1,1905
48,
4s.
A&O, 78,000.. Apr. 1,1906
4s,
A&O, 29,000. .Oct., 1906
4s,
A&O, 262,000. .Oct. 1,1907
4s,
A&O, 295,000.. Oct. 1,1908
A&O, 291,000. .Apr. 1,1909
4s,
4s,
A&O, 23,000.. Oct. 1, 1916
4a,
A&O, 30,000. .Oct. 1,1917
4s,
A&O, 200,000. .Oct. 1, 1921
A&O, 110.000.. Oot. 1,1926
4s,
4s,
A&O, 240,000. .Oct. 1,1926
4s,
A&O, 100,000. .Apr. 1,1920
A&O, 390,000.. Apr. 1,1910
4s,
A&O, 30,000. .Apr. 1,1911
4s,
Garbage Plant Bonds—

June, 1903

A&O, $100,000.... Oct., 1902
A&O, 147,000.... Oct., 1903
M&S, 205,000... May 1,1925
Park Bonds—
4s,
A&O, $500,000.. .Oct. 1, 1923
A&O, 500,000.. Apr. 1,1924
4s,
A&O, 600,000. ..Apr. 1,1927
4s,
A&O, 400,000.. Apr. 1. 1928
4s,
4s,
A&O, 500,000 .Oct., '29&'31
4s,
A&O, 250,000... Oct. 1, 1933
A&O, 250,000... Oct. 1,1935
4s,
Funded Debt—
Oct., 1901
A&O, $39,000
5s,
M&N, 100,000.... Nov., 1901
5s,
A&O, 227,000.... Oct., 1902
5s,
A&O, 46,000.... April,1902
4s,
A&O, 100,000.. Apr. 1, 1904
4s,
A&O, 276,000.. Oct. 1, 1916
4s,
4s,
A&O, 225,000.. Oct. 1, 1908
4s,
A&O, 265,000.. Oct. 1, 1909
5s,
5s,
48.

A&O.100.000
Oct. 1,1916
Street Improvement Bonds—
6s,
M&S, $13, 130.. Sept., 1901
M&8, 10,750.. Sept., 1902
6s,
6s,
M&S,
1903
4,000.. Sept.,
6s,
M&S,
4,000.. Sept.,
1904
M&S,
6s,
2,800.. Sept.,
1905
Street Improvement Notes—
5s, M&N, $1,136,765..1901 to 1905
4s.

Brooklyn Bonds—
M&8, $1,850.. Sept.,
Refunding Bonds—

6s,

1,

J&J, $175,000.. Jan. 1,1921

Water Works—
J&J,

6s,
413s.
4s,
4s,
4s,

May, 1901
M&N, $20,000
Oct., 1917
A&O. 100.000
Police Patrol Bonds—
4s,
M&N, $125,000.. May 1, 1925
Elevated Roadwat Bonds—
M&N, $60,000. ..May 1,1911
4s.
River and Harbor Bonds

A&O, $500,000... Oct.

1901

4s,

Police Station—

5s,
4s.

.

.

1903

Oct.,

Fire Department—

When Due-

4s,
4s,
4s,

1903
A&O,
1902
A&O,
1903
A&O, 45,000. .. April 1, 1906
A&O, 90,000.... Oct. 1, 1907
A&O, 90,000... Apr. 1, 1926
A&O, 249,000.. ..Oct. 1, 1926
A&O, 65,000.. .. Oct. 1, 1909
A&O, 100,000. ..Oct. 1,1911
A&O, 100,000... Oct. 1,1912
A&O, 150,000.. ..Apr. 1,1920

Canal Bonds—
A&O, $150,000

SALEN,

River and Harbor Bds. (Con.—

Oct.,
30,000
Oct.,
25,000. .. .Oct. 1,

5s,

P.

Cuyahoga County.

60,000.... May, 1901
100,000.... Oct., 1902
100,000.... Jan., 1903

J&D, 75,000
A&O, 285,000

JOHNSON, Mayor-elect.

L.

CHARLES

When Due.
LOANS—
Bridge Bonds—
J&D, $125,000. ...June, 1907
5s,
4s,
A&O, 150,000... Oct. 1,1904
J&D, 150,000
June, 1903
5s,
J&D, 232.000.... June, 1904
5s,

4s,

Jan., 1899.

LXXII

Vol.

A&O,
J&J.

A&O,
A&O,
3-65s M&S,
4s,
M&S,
A&O,
4s.
A&O,
4s,
1926 4s,
A&O,
I

$12,000.. July, 1903
400,000.. Apr., 1902
100,000.. Jan., 1903
200,000.. Apr., 1903
200,000. Oot. 1,1905
100,000. .Sept., 1902
275,000.Mar. 1, 1910
500,000. Apr.l, 1917
600,000.. Oct.l, 1926
300,000. Apr. 1,1920

PAR VALUE-—All bonds are for $1,000 each.
INTEREST is payable at American Exchange Nat.

Bank,

New York.

TOTAL DEBT, SINKING FUNDS, ETCBonds and notes Feb. 1,1901
Water debt included in above
All sinking funds
Special improvement notes

$15,083,295 00
$2,687,000 00
2,060,747 00
1,136,765 00

Net debt Feb. 1, 1901
Cleveland debt limit (7 p. o. of ass. val.)
Reserve under Ohio (Cleveland) debt limit

5,884,512 00

$9 198,783 00
$10,483,459 00
$1,284,676 00
The city owns its water works. The income
WATER
from water rents anl fees in 1899 amounted to $715,554 21.
ASSESSED VALUATION Etc-— Assessed at about 35 per cent of

WORKS—

its

aotual value.

—

—

.

—

.

.

0tt!0-CIT!£S

April, 1901.

TOTAL DEBT, SINKING FUNDS, ETC--

Assessed
Tax Rale
Tax Rate
Valuation, per $1,000.
per $1,000. Tears.
$28-50
$134,562,905
$30-00 1895
1900
$149,769,420
29-40 1890
99,614,055
2930
145.071.9P5
1899
26-00
29-55 1885
88,285,845
1898
142,290,775
26-30
29-30 1880
73,647,194
1897
141,915,430
POPULATION-—In 1900 (Census) population was 381,768; in 1890
in 1870 it was 92,829.
it was 261,353; in 1880 it was 160,146

A ssessed

Valuation,

Years.

Net debt
$4,904,984
Waterdebt(ino.above) 1,237.000
Floatingdebt

300,000. May

M&N,

1908

1,

Total debt Feb.

1901.$1,545,000
224,339
Tax valuation 1900... 150,269,420
Real valuation (est.) 500,000,000
Population in 1900 (est.).. 400,000
Public Library Bonds
5s, A&O, $250,000.... Oct. 1, 1918
1,

Sinkingfund

. .

—

CLIFTON. — See the City of Cincinnati.
CLYDE.-Chas.
This village

is

in

Hurd,

T.

Clerk.

Sandusky County.

Amount outstand'g. Bond debt Mar. 15,1900.. .$61, 600
Refunding 5s, M&S, 1922..$19.0O0 Floating debt (additional) 6,387
25,500 Water debt included above 15,400
5.500 Assessed valuation 1900.. 712,430
8,000 Assessment about 3j actual value.
3,600 Total tax (per $1,000) 1900.$34-40
Interest paid at 4th Nat. Bk., N.Y. Population in 1890 was
2.327
Population in 1900 was
2,515

Street 6s, F&A., 1913

Rrd'gwater5s,F&A,1910.
Water-works 6s, M&S, '07.
Sewer 6s, M&S, 1902-1909

COLLEGE HILL.—John E.

Bruce, Mayor.

Hamilton County.
Judgment Bonds—
Bonded debt Jan.l, 1901. $128,500
3^8, J&J, $10.000.. .Jan. 14, 1931 Assessed valuafn 1900.. 1,838,450
is

in

Water Bonds—
3*28, M&N, $50,000... May

Tax rate
1929

1,

(per $1,000) 1900. $30*64
Population in 1 900 was
1 ,104

COLUMBIANA CO.—J. F. Adams, Auditor.
Lisbon

is

the County seat.

LOANS-

When Due. Floating debt

Deficiency Bonds—

A&O, 40,000. Apr.
Bridge Bonds—

1904

5s.

23,

5s

1901-'07

$7,000

Refunding Bonds—

$21,000

Total valuation 1900... 24,270,690
Assessment abt. 25% actual value.
State & Co. tax (perM), '99..$800
Population in 1890 was
59,029
Population in 1900 was
68,590

J&J, $55,000 July 20. 'Ol-'ll
Bonded debt Jan. 1, 1901.$102,000
4s,

COLUMBUS,
This city

is

5
?

JOHN N. HINKLE. Mayor-elect.
M. A. GEMUENDER, Sec'y Trust S.

in Franklin County.

LOANS—

NAME AND PURPOSE.

•

Interest.

do

do

1889 4
4

City Prison refunding 1888
Deficiency
Police and fire
1890
Police
1888

do

—

5

4

1893

5

Fire Dep. andgas.1888

4
4
4
5
5

Poor Fund
1898
Fourth St. Bridge.... 1890
do
do
1891
Franklin Park
1893
Front St. Viaduct
1894
High 8t. Viaduct
1891
do
do
1892
do
do
1892
do
do
1894
Levee
1884
do
1898
do
1899
do
1899
do
1900
Market House
1888
do
1889
Steam Fire Dep't
1890
do
do
1893
do
do
1896
Electric light
1897
Sewer farm claim
1898
Refunding bonds
1900

J&D
M&S
M&N
M& N

&
A &
M&
J &
M&

M
J
J

J

&

J

&O

& D
& O
& O
& J
& A

4

4
4
4
4

& S
& J
& O

4

5
5

s

& J
M& N

4
4
4
4
4

O

D
N
M& N
J & J

5
413
4*2
413

J

J

4^

M&N
J&D
J&D
J&D
J&D
A&O

M&N,

100,000.. .Sept. 1, 1913
4i<j8,M&S,250.000. ..Sept.1, 1921
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,

J&J,

M&N,
M&N,
J&D.
J&D,
F&A,

A&O,
J&J,

J&D,
F&A,
J&D,
J&J,

F&A,
M&S,

4.500 ...July 1, 1901
165.000. ...May 1,1903
29,000. ...May 1.1904
118,000. ...Dec. 1, 1905
25,000 ...Junel, 1906
45.000.... Aug. 1,1906
10,000.... Oct. 1, 1906
17,000.... July 1,1907
8,000.. ..Deo. 1,1907
12,000.... Feb. 1, 1908
5,000... .Junel, 1908
20,000... .July 1, 1908
47,000... .Aug. 1, 1909
15,000... .8ept.l, 1909

:

Net Debt.
$4,904,984
5,033,068
5,350,905
5,595,700
5,824,521
6,082,947
6,575,859
4,351,090
1,896,400

Tears.

1900
1899
1898
1897
1896
1895
1894
1890
1885

.

June
Mar.
Nov.

1,
1,
1,

Nov.
July

1,
1,
Apr. 1,
Sept 1,
June 1,
1,
July 1,
July 1,
Mar. 1,
Jan. 1,
July 1,
Nov. 1,
July 1,

May

Apr.

1.

Oct.

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

June
Oct.
Oct.

July
Aug.
Nov.

June
June
Deo.
Deo.
Apr.

1,

1906
1909
1908

$16,000
125,000
35,000

1910
1908
1913
1908
1918
1905
1906
1908
1914
1911
1902
1902
1909
1904
1918
1909
1919
1920
1908
1909
1910
1904
1916
1927
1902
1920

150,000
42,000
60,000
43,000
50,000
130.000
30,000
100,000
50,000
5,000
95,000
400,000
150,000
2,000
50,000
50,000
50,000
50,000
9,000
15,000
150,000
100.000
100.000
68,000
26,000
153,000

Water Bonds—

5s, J&D, $400,000.
.Dec.
5s, A&O, 150,000.. .Apr.
5s,
175,000.... Nov.
4s, J&J,
30,000.... July
4s, J&J,
50,000. . . .July
4s, M&N, 100,000.... Nov.
4s. M&N,
Nov.
57,000
4s. J&J,
100,000. . . July
4s, J&J,
50.000. ...July
4s, J&D, 125,000.. .. June

M&N,

.

Street Improvement
payable by assessment

1901
1907
1910
1901
1903
1908
1909
1,1912
1, 1918
1, 1928
Bonds,

1,
1,
1,
1,
1,
1,
1,

$1,406.100
9,800
413s
501,400
4s,
140,600
All of the street improvement
bonds are subject to call one year
from date of issue. They are mostly held In the city sinking fund.
6s,
5s,

88,150; in 1980

Asses'd Val. Tax p.$l,000
$'/7-50
$66,847,590

27-50
27-50
27-00

64,344.990
63,303,920
62,685,080
62,130,350
61,086,700
59,939,040
43,663,270
35,279,170

2700
2700
2900
2300
22-50

it

1900 (Census) was 125,560; in 1890
was 51,647; in 1870 it was 31,274.

var.,
,

,

it

was-

Columbus School District.— J. A. Williams, Clerk.
When Due.
When Dut*
LOANS—
LOANS—
I

5s,
5s,
5s,
5s,
4*28,
4s,
4s,

J&D,

A&O,
M&S,
A&O,
F&A,
M&S,
M&S,

$85,000... Dec. 1, 1906
110,000... Oct. 1, 1912
110,000.. .Sept. 1,1913
40,0C0...Oct. 1, 1914
25,000... Aug. 1, 1916
75.000. ..Mar. 1, 1917
65,000... Mar. 1,1918

|

l

|

I

1

I

I

M&S, $65,000.

4s,

3"*s,

1919
1910
1921
$772,000

.Mar.
27,000.. . July
85,000 .Feb.

3^8, J&J,

F&A,

1,

1,
1,

Bond, debt Mar. 30. '01
Sinking fund
71,366
Assessed valuation '00.65,548,780
School tax (per M.) 1900
$6*60

COSHOCTON.—Fred

Wagner.

Clerk.

Coshocton County.
When Due.
Water Works—
LOANS—
St kket- Paving Bonds—
6s, M&S,$44.000. ($2,500 y'rly).'01
6s, M&S, $21,000.... Sept. 1, 1901 6s, M&S, 12,000. ...Sept., 1901-12
School House—
($1,500 due yearly) toSept.1,1914
Sept., '01'14 6s, M&S, $5,000
1901-1903
6s, M&S, $1,400
Cemetery Bonds—
6s, M&S, 27,000... Sept. 1, 1901 to
1901-1903
($1,800 due yearly) Sept. 1, 1915 6s, M&S, $1,500
412s, M&S, $25,500 ...Sept., '01-15
($500 yearly.)
13,500
Sept., '01-15 Total debt Sept. 1, 1900. $166,000
6s, M&S,
Sewer Bonds—
Tax valuation 19(
1,886,800
Part yearly Assessment about *2 actual value.
6b,
,$2,900
1901-1905 Total tax (per $1,000)1900. $30-50
6s, M&N, 2,500
2,700. ...Sept., 1901-'06 Population in 1890 was
6s, M&S,
3,672
2,100... Sept., 1901-'06 Population in 1900 was
6s, M&S,
6,473
This village

is in

CRESTLIN E. — Situated

When Due.

INTEREST on police deficiency bonds of 1888,
trunk
sewer bonds of 1898, the Boston loan, ttie sewer farmthe main Poor
loan, the
runrt loan, the Scioto River Dam loan and on
assessment bonds is payable at the City Treasurer's office other interest
at the National Park
Bank. New ^ ork Citr.
;

Contingent liability to contractors.

F.

J&D

48.500.., .July 1,1902
40,000.. .Nov. 1,1910
10.000.. .Dec. 1, 1910
200,000. .Jan. 1, 1911
1,500... .Mar. 1, 1911
30,000.. .July 1, 1912

$5,595,700
1,112,000

The total bonded debt as given for January 1, 1901, included street
Improvement bonds payable by special assessment to the amount of
$2,057,900. The sinking fund receives yearly about $125,000, which
does not include assessments for street improvement bonds.
ASSESSED VALUATION, ETC-—The city's net debt on December
31, assessed valuation (about H of actual) and tax rate have been

School District

Subject to call after April 1, 1910
8mall.poxepid. bds..l900 4
June 1, 1920
60,000
Subject to call after June 1, 1910.
When Due.
loansWhen Due.
LOANS—
sewer Bonds—
Sewer Bonds— (Con.)—
6s, M&S,
$4,000. .Sept. 1,1902 4s, M&N, $4.3,000. .Nov. 1, 1909
6s, J&D,
20,000.. .Junel, 1904 48. A&O, 300.000. .Apr. 1, 1910
6s, J&J,
17.000.. .July 1, 1904 48, J&D,
10,000.. .June 1, 1918
5s, J&J,
5s.
5s, J&D,
5s, J&J,
5s, M&S,
5s, J&J,
5s, M&S,

*

Jan. 1, *98.
$7,405,200
1,809,500

2,056,*>95

Bonds—

6s,

Principal.
Outstand'g.

•

P. CI. Payable.

City Hall refunding.. 1886

$5,350,905
1,177,000
*74,794

1, '01.

POPULATION— In

LOANS —

This village

$5,033,068
1,187,000
A
25,730

Sinking funds

Cleveland School District.— Chas. P. Salen,
Auditor; Chas. H. Curran, Deputy Auditor.
When Due. 4s, M&S, $200,000.. ..May 1. 1920
LOANS—
4*. F&A, 150,000. .Feo. 1, 1921
M&S, $30,000. Sep.l902to'16
J&D, 100,000.June 1, 1905
JAD, 100.000. June 15, 1906
M&S, 300,000.May 1, 1902
J&D, 175,000. June 1, 1902
J&D, 190,000. Dee. 1, 1904

Jan. 1, '99.
$7,407,800

2,348,416

Jan. 1, '00.
$7,334,600
2,301,532

Jan.

Total bonded debt.... $7,253,400

;

6s,
5s,
5s,
4»«8,
4*28,
4s,
4s,

81

TOWNS.

y*TJB

LOANS-

M&S,

$9,000... 8ept. 1, 1905-08

Gen'l Improvement Bonds—
6s, A&O, $5,000
Apr. 1, 1902
Street Improvem't Bonds 6s, J&J, $11,200. Jan. 1, 1900-'07
3,«00.. Nov. 1, 1901'02
68, Nov.,

Water-Works Improvement—
6s,
6s,

Crawford County.

When Due.

Building Bonds—
5s,

in

Dec,

When Due.

LOANSSewer Bonds—

6s, M&s, $1 ,900
1901
Total debt Sept. 1, 1900. $56,700
Total valuation 1900
1,111.820
Assessment about 23 actual value.
Tax rate (per $1,000) 19i0. $26-80
Population in 1890 was
2,911
Population in lttOOwas
3,282

$2,000.. Dec. 16, 1903-04

June,

1901-03

$5,000

3,000.. June 10, 1903-04

INTEREST

on general improvement bonds is payable in N.Y. City;
on remaining issues in Crestline.

pttv A lur^r^ J±
OU I a rl^JVj a

w.
— }m.

e. craig-, Auditor.
A. LANDER, Treasurer.
County seat is Cleveland. The State Supreme Court has declared
Ulegal an Act passed April 27, 1893, authorizing the issuance of bonds
by a county containing a city of the first class, second grade, for the
purpose of building an armory in such city. Under this decision the
armory bonds included below are illegal, but under a law passed by
the General Assembly in 1899 the holders of bonds may bring suit for
reimbursement. See Chronicle, V. 69, p. 10 'b. Suit was brought
and resulted adversely to the complainants.—V. 70, p. 241. The U. 8.
Circuit Court of Appeals, however, on Jan. 8. 1901, held that the
county must levy a tax to satisfy these bonds.— V. 72, p. 99.

rr^\
^/KJ.

<

When Due.

LOANS.
Armory bonds.—
M&N, $225,000.
5s,

Brooklyn Bridge—
A&O, $55,000 .Apr. 1, 1902-'03
Chagrin River Bridge—
5s, A&O, $50,000
Oct. 1, 1905
5s,

58.A&0, 10,000

DARKE

Apr.l, 1906

CO.—J.

valuation, real.... $15,000,000

r^ A
U^\.

VTriM —
I 1 WIN

This city

is

J
\

Temp'y

loan, *50,000 Feb. 6, '02
Total debt Sept. 1, 1900. $520,000
Total valuation 1900.172,664,720
Assessment about -5 actual value.
State & Co. tax (p.$l,000) "00.$6-80
Population in 1890 was... 309,970
Population in 1900 was. ..439,120

W. Ditman,

County seat is Greenville.
Ditch Bonds—
When Due.
$3,500
Aug. 22, 1902
6s
15,000....
6s
Aug. 1,1901
6s, M&S.23.500
8ept., 1901-05
debt Mar. 1, 1901. $42,000
Bonded

Tax

Rocky River Bridge—
M&N, $150,000... Nov. 1, 1904

So.
5s,

.July 1, 1918
Optional after July 1, 1903.

JESSE

R.

ROBERT

Auditor.

Tax

val'tion. personal. $7,000,000
Total valuation 1900.. 22,000,000
Assessm't about 70 p. c actual val.
State & Co., tax (perM), '00.. $7-40
Population in 1890 was. ...42.961
42,532
Population in 1900 was

LINDEMUTH, Mayor.
FERGUSON, Comptroller.

H.

the county seat of Montgomery County.
When Due.
LOANS—

LOANS-

Bridge Bonds—

When Due.
Funded Debt Bonds—

5s,
5s,
5s,
5s,

M&S, $4,000
Sept. 1,1901
M&S,
5,000
Sept. 1. 1902
M&S,
5,000.... Sept. 1. 1903
A&O, 12,000.... Oct. 1. 1904
City Hall Bonds—

5s,
4s,

M&S, $71,000. Sept. 26, 1902
Extend im. Indebted. Bonds—
5s, J&D, $12,000
June 1, 1901

M&N, $25,000 Nor.

5s,

4s.

($6,000 due ye'rly) to June
5s,

J&D, $72,000

June

($12,000 due y'rly) to June
5s,
5s,

J&D, $15,000
J&D, 15,000

June
June

1,

1,
1,
1,
1,

1,1901

M&S,

65.000. Sept. 26, 1902
1, 1902
0, 105,000. Apr.
($15,000 due y'rly to Apr. 1, 1908.)
Strkkt & Imi't Bonds—
Gen'l

Apr.
A&O, $50,000
($10,000 due y'rly) to Apr.

1,
1,

1903
1907

Park Street Sewer Bonds—
June 1, 1901
1902 4s, J&D, $3,000

1903
1908
1909
1910

4s.
4s,

J&D, 5,000
A&O, 24,000

($8,000 due

June

Oct.
y'rly) to Oct.

1902
1,1901
1, 1903

1,

1

82

STATE
When Due.

LOANS—

Sewer Bonds—
5s, A&O, i25,000
5s, A&O, 25,000
5s, A&O, 5i>,000
5s,
5s,

A&O

m®

CITY SUf fiEM^T,

Street Improvement Bonds—
June 1,19 1
J&D, $12,000
($6,000 due v'rly) to June 1, 1902
June 1, 1903
5s, J<sD, $72,000
($12,000 due y'rly) to June 1, 1908
June 1, 1909
5s, J&D, $15,000
June 1 1910
5s, J&D, 15,000
5s.

....Apr. 1,1912

Apr. 1, 1914
Apr. 1, 1915
Apr. 1, 1916
Apr. 1,1918
Oct.l,'08to

25,000

A&O, 25,000
A&O, 50,000

Water-Works Bonds—
M&N, $505,000... .May 1, 1905
Water- Works Impr'v't Bonds—
Police Deficiency Bonds—
F&A, $25,000. .Aug. 1, 1901
5s, M&S, $12,000... Sept. 1, 1901 5s,
4s,

($10,000 due yearly.) Oct.

1.

1912

4s,

($4,000 due y'rly) to Sept.

1,

1903

($5,000 due y'rly) to Aug. 1, 1905
5s,
M&S, $15,000. .Sept. 1, 1901
($5,000 due y'rly) to Sept. 1, 1903
5s, A&O, $100,000... Apr. 1,1906
($25,000 due y'rly) to Apr. 1, 1909
4^8, F&A, $12,000.. Aug. 20, 1901
($3,000 due ye'rly) to Aug. 20, 1904
4s,
A&O, $3,000. .Oct. 1,1901
4s,
A&O, 20,000. .Oct. 1,1902
1, 1906
($4,000 due y'rly) to Oct.
4*2S, F&A, $5,000. .Aug. 20, 1905
3>«s, J&D. 170,000.
June, "01-15
($11,000 due yearly to 1910; $12,000, 1911 to 1915.)

.

Board of Health Bonds—
Oct., 1901-03
A&O, $5,500
Street Paving Bonds—

4s,

F&A, $25,000.. Aug. 1,1906
A&O, 300,000.. Apr. 1,1911

58,
5s,

($50,000 due y'rly) toApr. 1, 1916
A&O, $75,000.. Apr. 1,1917
($25,000 duey'rly) to Apr. 1,1919
M&N, 25,000. .Nov. 1,1913
5s,
5s,

5s,
58,
3i*s,
5s,

M&N,
M&N,

25,000.. Nov.
25,000. .Nov.
10,000. Dec.
25,000.. No sr.

J&D,

.

M&N,

1.1915
1,1917
1, 1918
1,1919

Fire Department Bonds—
Sept. 1, 1901
5s, M&S, $6,000
($3,000 due y'rly) to Sept. 1. 1902

J&D, 100,000... .June, '03 12
Garbage Crematory Bonds—
Feb. 1,1902
5s, F&A, $8,000

3*28,

($4,000 due yearlv) to Feb. 1,
Feb. 1,
F&A, $5,000

58,
58,

F&A,

Aug

4,000

1.

.

Levee Bonds—
A&O,$15,000
Oct. 1, 1904
A&O, 150,000.... 1907-1918

5s,
4s,

($10,000 yearly on Oct.

1,

1912;

$15,000 yearly to 1918.)

Wolf Creek Impr'v't Bonds—
May 1, 1901
1903 4s, M&S, $14,000
1904
($7,000 due y'rly) to May 1, 1902

1905

TOTAL. DEBT, Etc—The

subjoined statement shows Dayton's
municipal debt, the tax rate levied for all purposes (State, county,
city and school) etc.
Total Debt Mar. 1.
Tears.
,

issessed Vat.

Tax p. $1,000
$26-60

$43,741,840
25-60
42,565.200
*4-6G
41,796.180
23-80
41,785,530
26-40
41,873,440
2600
41,048,210
22-40
30,723,730
22-40
25,473,980
22-50
19,816,640
22-20
19,939,970
20-50
16,254,760
total debt March 1, 1901, was $2,501,500, including a water
debt of $855,000. In addition to the total general debt there were outstanding on March 1, 1901, special assessment bonds to the amount
of $576,000; principal and interest payable from assessments upon
abutting or benefited property. All of said bonds are due and payable
in from one to ten years.
The sinking fund assets on March 1, 1901, amounted to $447, < 59 36.
The actual valuation of property is estimated at about $100,000,000.

1901
1900
1899
1898
1897
1895
1890
1885
1880
1875
1870
The

$2,501,500
2,310,000
2,385,000
2.263,000
2,339,000
2,497,000
1,497,160
1,160,500
1,099,000
1,011,200
357,617

PAR VALUE OF BONDS.— The bonds

are all for $1,000 each, inter-

American Exchange National Bank, New York City.
POPULATION— In 1900 (Census), 85,333; in 1890 it was 61,220
in 1880 it was 38,678.

est payable at the

—

Dayton School

William G. Haevssier,
District.
Clerk Board of Education.
School Bonds (Con.)—
Deficiency Bonds— When Due.

1911 4b, M&S, $36,000 ...Mar. 1,1919
1912 4s, M&S, 50,000 ...Mir. 1.1920
19o9 Bond, debt Mar. 1, 1901 ..$671,000
July 20,
Jan. 15, 1910 School tax (per $1,000) '97.. .$7-80
23-80
Total tax (per $1,000)
School Bonds—
May 1, 1918
4s, M&N, $50,oo0

4s, J&J,
4s, J&.I,
4s, J&J,
4a. J&J,

$S3.00O
50,000
30,000
27.000

.July
luly

..

1,
1,

DEFIANCE.—J.

J.

Malley,

Clerk.

5^s,

1902

$1.000

5s,

Sewer Bonds—

When Due.

LOANS.—

Electric Light Bonds—

4^8, M&S, $25,000.. Mar., 1904 to
Mar., 1916
($1,000 each M&S)

$1,000
55,000

5s,

$22,600
55,000
ll,700.Mar.,1902-'10
Refunding Bonds—
1917 Bonded debt Oct. 1. lu00.$231,600
4128,
,$25,000
25.000 Mar. 1, 1902 Assessed valuat'n 1900.2,3 3 295
5s,
29,000..1899tOl912 Tot. tax rate (per $1,000) '00. $40 30
5b
4i«8, M&S,
20,000.. Sept. 1,'1«» to Population in 1890 was
7,694
7.579
($1,000 each M&S.) Mar. 1, 1920 Population in 1900 was
Interest is mostly payable at City
4s, M&S, $2 1,000... Mar. 1, 1910 to
Mar. 1, 1920 Treasury, but on the 6 per cent
($1,000 each M&S.
48, M&S, $^2,000 .. .Mar. 1, 1910 bonds in New York.
School District Bonds
($1,000 each M<»S) to Sept. 1, 1920
6s
$6,000
1901 to 1904
5s,
10,000
1901 to 1910
,

,

4»28,

,

,

) . . .

—

,

EAST LIVERPOOL.
This city

is

in

W.
J.

C.

N.

DAVIDSON, Mayor.

HANLEY,

Clerk.

Columbiana County.

When Due.
Street Improvement Bonds —

LOANS—

Refunding—
6s, J&D. $5,000

June 1,1901
1,1920 ($1,000 due yearly) to June 1, 1905
Subject to call after Sept. 1, 1900 4s, J&J, $105,000 ... July 1,19 40
.May 1, 1903
Optional after July 1, 1920
4s, M&N, $15,000
Water Bonds—
($1,000 due yearly) to May 1, 1917
58, M&8, $13,000 Sept. 1, 1*01 to 5s, M&S, $33,000
Sept. 1, 1924
Optional after Sept. 1, 1914
($1,000 due yearly.) Sept. 1, 1913
1901-1914 4s, M&N, $24,000... .May 24, 1937
4s, M&N, $14,000
6s, Sept., 17,208. .8ept., l900-'04
Optional since May 24, 1917
26,329 ....1901 to 1905 5s, J&D, $18,500.... June 1,1923
6s. Mar.,
See V. 70, p. 243, for maturities. Total debt Juno 1, 1900. $370,450
1902 '06 Sinking fund..
6b, M&*, $16.357
23,*80
Net debt June 1,1900... 34«,570
Library Bonds—
Dec. 1, 1919 Water debt (included)... 147,500
48, J&D, $20,000
Tax valuation 1900
Skwkr Bonds—
3,706,830
6s, M&N, $10,000. Nov. 1 1901-05 Total tax (per $1,000) 1900.$3180
6s, Nov..
10,000. Nov.,1901-1905 Population in 1890 was
10,956
Population In 1900 was
16,485
5b,

M&S, $62,000

...Sept.
.

.

East Liverpool School
School Bonds—
5b,
5s,
68,
4b,
4s,

—

Dist.
W. B. Hill, Clerk.
4b, F&A, *25.000.Aug., 1911-1923

A&O, $16,000. Oct 1901-1908 Total debt Feb. 27, 1901. $105,000
J&D, 50.000.. June 1909-1933 School tax (per $1,0"0)..
$9-00
,

J&J,

M&S,
A&O,

...Jan. 1, 1904
6,000.Sept., 1903-1905
6,000..Oot., 19061908

2,000

.

H. Park, Clerk.

situated in Lorain County.

is

,

. .

Elyria School District.
<Vhen Due.
LOANS—

— J. C.
Bonded

Hill, President.

debt Sept. 1, 1900 $43,500
Assessed valuation '99 ..2,900,000
Assessment about hi actual value.
School rate (per M.) 1899... $10-00

J&J, *9.000
1901-1918
($500 due yearly) on July 1).
6s, F&A, *15,000 ...Aug., 1901-06
($1,500 each F&A;.
$18.000
6s,

,

EVANSTON.— Wm. H.
Hamilton County.
This village

is

LOANS-

When Due.

Street Bonds—
5s. A&O, $10,000
c
•

|

April,

1920

$1.000

assess,

1901

3,100... 1901 -'10

fis,

13,095. .1901-'10
44,000. .1901-'10
58,
154,497 1901-'10
Bond, debt Mar. 1, 1901. $68,960
Assess, debt (additional). 214,692
Assessed valuation 1900. 700,000
Assessment about ^ actual value.
Total tax rate (per M.) 1900 25-60
Population in 1900 was
1,716
5s,

April. 1920

11,000

1905

.,

Clerk.

Fire 6s,

Sewer

Water Bonds—
8, A&O, $15,000

6s,

Krapp,

in

I

Sewer Bonds—
5s, A&O, *7,000 ...April. 1920
Town Hall Bonds—
5s, A&O, $18,000
April, 1920
1^0 >,
Light bonds 6s, $1,000
Cement 6s,
5,960 .... 1916

St. assess. 6s,

I

FAYETTE CO.— John
H.
County
Washington
seat

Craig, Auditor.

C.

is

When Due. Bond, debt 8ept. 1, 1900 $64,200
LOANS—
Refunding Debt—
Total valuation 1900... 13,519,545
6s, M&8, $15,000.... Sept. 1, 1903 Asse sment is abt. *2 actual value.
6s, J&D,
15,000 ...Deo. 1, 1905 State & Co. tax (per M.)'99..$880
6s, M&S,
1 5,000.... Sept. 1, 1908
Population iu 1890 was
22,309
Road and Ditch Bonds—
Population in 1900 was.. ..21,725
6s,
6s,
I

Oct. 1, 1901
$1,000
1901-1904
16,700
NTEREST payable at Auditor's
,
,

V — 5CH/VS.
FRANK

niMni a
r I IN UL-.A X

E.

.

$

office.

WATSON, Mayor.
RAY, Clerk.

C.

This city is the county seat of Hancock County. [$50,000 3 ^% City
Hall bonds were offered for sale on Apr. 11.]
When Due.
Water Bonds— (Con.)
LOANS—
City Bonds—
5s,
*25,000 Apr.1,1919
414s,
..1901-1908 5s, A&O,
*9,000
25,000. .Oct. 1, 1921
4%s,
1905-1910
6,500
Sewer, Etc.—
6s,
10,000
1903-1912 6s,
$18,280.. 1901 to 1909
,

Gas Bonds—

4s, A&O,
25,- 00 April. 1901
1901-1907 ($1,250 each A<&0) to Oct. 1, 1910
5s,
1901 & 1906 Total debt Mar. 3, 1901. .$553,310
Street Improvement Bonds—
Water debt (included).... 291,750
.1901-1909 Tax valuation 1900
6b
$78,730
6,602,050

$55,000
20,000

68

Tax rate (per $1,000) 1900. $3300
Population in 1890 was
18,553
Population in 1900 was
17,613

19011910
13,500
24,500 Oct., 1901-1910
(Part each A&O.-V. 71, p. 97.)

4s,
,
3»2S, F<frA,

Water Bonds—

—

School uistrict Bonds
....,$112,000. ...1901-1920
13,0 -O....Aug.,1922 3^8, M&S,
25,000. ...1915-1923
150.000. .Mar. 1,1908 5s
10,000... .1921-1925
20,000.. Apr. 1,1914 4s,
25,000. ...1902 1914
Bond, debt Sept. 1, 1900.$172,000
NTEREST is payable at the Fourth National Bank, New York City
CITY PROPERTY.—The city owns its water works and gas plant.

& 1922

$50,000 .1907

Sept.,

6s,

I

Street Improvement Bonds—
6s
5s

LXXII

The city proposes to issue
bonds for water-works purposes, but litigation has prevented their issuance thus far.
When Due. Bond, debt Feb. 2 1,1901. $58,061
LOANSCitv Hall Bonds—
Floating debt
12,700
6s, J&J, $6,000
Sept., 1909 Total debt Feb. 21, 1901.
70,761
—
Sewer Bonds
Sinking fund assets
9,^05
6s,
$3,400. .Feb., 1901-1904 Water debt (addt'l)
45,000
6s, M&N. 2,500.. .May. 1901-1905 Total valuation 1900.... 2,850,000
Street Improvement Bonds—
Assessment about 13 actual value.
6s, A&O, $2,400 ....Oct., 1901-*04 Tax rate (per $1,000) 1900.. $31-00
6s
3,661
.May 1, 1901 Population in 1890 was
5,611
Water Works Bonds—
Population in 1900 was
8,791
4 ^s, J&J, $45,000. .July 1, 1924
yearly) to July 1, 1928
($10,0
INTER EST— On water bonds is payable at U. 8 Mort. & TrustCo.,
N. Y. City; on other bonds, in Elyria.
This city

6s,
6s,
5s,
5s,

County seat of Defiance County.

Library Bond—

ELYRIA.-W.

Vol.

Assessed valuat'n, 1900.3,422,980

FOSTORIA.—J.
This city

is

M. Schatzel, Clerk.

in Seneca County.

LOANS—

When Due. Water debt (included)
$200,000
Tax valuation 1900
2,459,840
1901-1906 Tax rate (per $1,000) 1900. $36 50
6b,
$12,000
4s, M&8, 29,734. ..Mar. 1,'18-*19 Population in 1890 was
7,0
4*2S,M&8, 9,867
Sept. 1, 1918 Population in 1900 was
.730
. . .

I

Refunding Bonds—

4s,
4s,
4s,

MaS.50,000

Sept.l, 1919

Interest

on Water 5b due 1910

is

M&S, 8.867
Sept.l, 1921 payable at the Shoe & Leather Bank
M&S. 12,500 ...Mar. 1,1921 New York City.
School District Bonds—
Water Works Bonds—
$20,000.... Sept. 1, 1904
15,000.... March, 1905
(2,000 eaoh M&S) to Sept 1, 1908

5s
$150,000
Total debt Feb. 1, 1901.. $612,074
285.000
Street debt (included)
.

Sewer debt

. .

(included)...

j

($20,000 each

M & $30,000 eaoh Si

M&8,$120,000 ...Mar.

1,

1902

M&8) to Sept.l, 1904
Defic'y & Bridge Bonds—
5s,
M&S, $25,000 Sept. 1,1903
($20,000 eaot'

400,000
1901-1902
10.000
($5,000 yearly on Dec. 1.)

4"«s,
6s, J&l>.

FREMONT.— C.
Sandusky
This city

is

EWING JONES, Auditor.
NELSON A. SIMS, Treasurer.

is

When Due.
LOANS—
Bridge Emergency Notes—
5», M&S, $100,000. ..M&S 1901-03
4b.

.,

M&S,

116,074

FRANKLIN CO.—
Columbus.
County
seat

6s,
4s,

LOANS—

I

Defic'y

M&N,

&

Bridge Bds.— (Con.)

$108,000... 1901 to 1918
($6,000 yearly on May 1.)
4s, A&0,$1 08,000. Apr. 1, 1902 *19
Total debt Mar. 1 1 901. $803,000
Tax valuation, 1900
88,373,120
Assessment about ^ actual value.
State & Co. tax (perM.).1900.$8-25
Population in 1890 was.. ..124,087
Population in 1900 was...l64,4t0
5s.

,

F. Bell, Clerk.

County.
When Due.

in

I

Refolding Bonds—

mprov. 5s, $66,100... 1916 4s,
,$7,950
do
do
6s, 78,700
1914 4s,
10.7OO.. ..Apr., 1900-'08
do
do
4s,
2,000.. 1901-'04 4s, A&O, 13,800... Apr. 1, 1903 to
do
do
5,000.. '99- 1905 ($1,000 each A&O.) ..Oct. 1, 1909)
5s,
do
do
4s, 16.000. Apr.1,'09 Total debt Nov. 28, 1899.$232,300
(part subject to oall after 1899.)
Water debt (included) ...
61,500
4s, A&O. 4U0.500
Oct.. 1901, to Tux valuation 1900
2.398.8 90
($500 each A&O.)
.Oct., 191
Total tax (per $1,000) 1900.$3280
Water 5s
1904 Population in 1890 was
$71,000
7,141
Water 4s, $4,000
April, 1906 Population in 1900 was
8,439
Street

I

,

.

—

K
OitIO— CITIES

April, 1901.

GALION.-J.
is

,

Sewer Bonds—
A&O, $13,000

Bonds—
M&S. $15,000 Ylar. 1, 1904

School District
4>«8.

Oct.. 'Ol-'IO
.'04-'06
Elec. light 5&6s, $30,500
4i«b,

to

($500 each M&S.) ....Sept. 1, 1918
8,000.Mar.l906 6s,
$6,000.... Apr. 1,1903
on bonds due January 1, 1906, is payable at Galion.
. .

Judgment 5s

INTEREST

GALLIA CO.—James T.
County seat

is Gallipolis.

Toknpike Bonds—
$40,000... 1905-09-11-15
$10,000 due each year on Jan. 15
Jan. 15,1913
5s,
$5,000
1914 & 1916
30,000
5s
$15,000 due each year on Jn. 15
4s, F&A, 60,000.... Aug. 17, 1917
July 1,1901
61,500
5s

5s

Tax

This city

is

E Bradbury,

in Gallia County.

LOANS—

5s,
48,

$85,000.... Feb. 25, 1914

M&N,

Nov.

2.OO0

1,

,

5s,

,

5s

,

5s,

1902-1909
1901-1909
1901-1909

$6,000
25,000
16,000

..

.,

1911

$1,00»

1912
5s
2,000
Total debt Mar. 20, 1901. $261, 100
Interest payable at City Treas'ry.
1,809,464
Total valuation 1900
actual value.
Assessment about
Total tax (per $1,000) 1900.$32-70
Population in 1890 was
4,498
Population in 1900 was
5.432

%

Farley, Clerk.

iu

is

LOANS-

Bonded debt

When Due.

Sewer Bonds—
6s, A&O, $3,000 ...Apr..

Sept. 1,1900$182,35
Assessed valuation 1900. 1. 759,360
Tax rate (per $1,000) 1900. ...3560
Population in 1900 was
5,588

1901, to

Oct., 1908
($500 each A&O)
Fire, Water, Lighting. Etc.
4*2 to 6, $132, 00 ...1900 to 1917

21,000.... Oot.

I

-Chester L. Arthur,

Clerk Board of Education.

LOANS—

When Due. Bonded debt Marl,
I

A&O, 30,000

1901-1917

(For maturity see V. 70, p. 495.)
A&O, $30,000.. ..Oct., 1901-30

5s,

GREENE CO.—J H
Xenia
county
is

the

|

1901. .$60,000
School tax (per M.) 1899
14.00

I

|

Coi rt House

When Due. Assessed valua'n 1900.18.489,340

Assessment about -•< actual value.
4s, M&S. $100,000. Mar. 1. '06-30 St. & co. tax (per M ) 1900. ...840
Bonded debt Mar. 1. '0l..*128,000 Population in 1890 was ...29,820
8inking funds
19,000 Population in 1S00 was
31,613
.

GREENFIELD.--A.

S. Boden, Treasurer.
This village is in Highland County.
When Due. Tax valuation 1900....*!. 112,711
LOANS—
Sewer & Street Bonds—
Total tax rate (per M.)1900.$3030
4b, F&A, $25,000... Sept. 1,1930 Population in 1890 was
2,460
Water5s, 35,0O0
Sept. 1, 1911 Population in 1900 was
3,979
Electric 6s, 20,000 .. 8ept. 1. 1911
School District Bonds—
Eleot. & water 4s, $10,000.. '02- 11 6s,
,$11,000. ...Sept. 1, 1910
Improvement 6s, $15,700
5s
5,000 ..Sept. 1, 1909
Total debt Sept. 1 1 900
$94, 100
. .

.

GREENVILLE.—
This
city is in

E.

Calderwood,

Darke Countv

LOANS—

When Due.

Sh

City Clk.

wer Bond"— (Con.)

M&S, $70,000.. Mar., 1919-1928
Natural Gas Refund. Bonds—

1902'15

4s,

May, $4,000
1901-1905
Street Paving Bonds —

6s,

4s, Jan., $61, 600.. ..Jan.,

Improvement Bonds—
5s.

4s

Feb., 1902-16

*18,000

Refunding Bonds—
5s,

$10,000

Water Works Bonds—
5s,

1905

$19,000.. ..Dec. 12, 1917
5,000.... Oct. 27, 1902
56,000.... Dec. 12. 1918

5s
5s

Sewer Bonds—
4s,

M&S, $3,000

Mar., 1918

GUERNSEY
Cambridge

Is

When Due.

J&J, $30.000
July, 190H-15
Bond, debt Nov. 1. 1900. $M,000
Floating debt
10.000
Total debt Nov. 1, 1900.
61,000
Assessed valuation, real.6,339,130

HAMILTON.— M.O.
is

—

6s, seini-an., $5,000...
6s,
$:,O0O

P.

1901 & 1902
1903-1905

De Hart Auditor.

When Due.
_
Deficiency Bonds—
4^8, ....,$93,460
Electric-Light

1901-1911

Bonds—

M&S, $100,000. July 1,*04 to '18

City,

and upon

all

. .

—

Building Bonds—

-

6s, Feb. 24, $4,000.. Feb. 24, 1902
5s, Mar. 2, 40.000 ...Mar. 2, 1903
($4,000 due yearly) to Mar. 2, 19 1
5s.
Oct. 9, $20,000.. Oct. 9, 1913
($4,000 due yearly) to Oot. 9, '17

4s,
4s,

J&D,
,

$10,000.... June. '19&'24
1901-1911
5,500

Refonding Bonds—

.1908-1934
$13.500
($500 yearly.)
1923-1928 Bonded debt Sept. 1, '00. $160,500
$16,000
3^8,
Assessed valuat'n 189 '. 8. 761, 657
4*28, July 7, $30,000..July 7, 1905
($3,000 due yearly)to July 7, 1914 School tax (per $1,000) '99.. $7-00
Feb. 24, 1902 Interest payable at First Nationa 1
4s
,$3.000
Bank, Hamilton, O.
1903 to 1909
4s
14,000

HAMILTON CO.

4s,

EUGENE

5

.

JJOHN

L.

LEWIS, Auditor.

H. GIBSON. Treasurer.

County seat is Cincinnati. The armory bonds mentioned below are
the subject of litigation. The Superior Court has deolared them illegal. V. 72. p. 201.

LOANS-

Akmory Bonds—

When Due

LOANS-

When Due.

Decennial Appraism't Bonds—
4s, A&O, $15,000.. .Apr. 30, 1919 4s. J&D, $100,000.... June 1,01-104s, J&D,
100,000.. .Dec. 1, 1937
OVERDRAFT BONDS—
3i«s, M&S, $75,000 Sept. 1, '01-10
Subject to call after Dec. 1, 1917
Bridge Bonds—
Real Estate Record—
$58,000.. Sept. 1, 1901
4s, Mas,
46,000.. Nov. 1, 1902
4s,
4s, Feb. 7, 20,000.. Feb. 7,1904
4s, Feb. 28, 75,000.. Feb. 28, 1904
17,000..Julyll,1904
4s. J&J.
4s, A&O,
15,000.. Oct. 1, 1905
4s, J&D,
25,000.. June 16, 1916
4s, M&N.
79,500. .Nov. 25,1916
4s, F&A, 107,000...au«. 10,1918
4s, A&O,
99,000... Oct. 26,1918
4s, J&J.
31,000. ..July 8. 1919
3*ss.
4.750... Aug. 26,1919

$30,000.. .Various, 1915
Subject to call after 1905
5s, Var., $5,500.Jan. & Feb., 1916
Subject to call after 1906
5s, M&S,
$4,500. ..Mar. 1,1917
Subject to call aft. Mar. 1, 1907

5s, Var.,

M&N,

Tax Duplicate—
M&N, $65,000. ..May
Subject to call aft. May

58,

—

1915
1905

Platting
48.J&J, $12,230.. .Jan. 22. 1903
Platting- (Con
)

48,
4s,

F&A,
F&A,

48,

J&D, $15,000

$8,000. ..Feb. 13,1904
24,500... Feb.
1, 1919Subject to call aft. Feb. 1, 1909^

Subject to call aft. Aug. 1, 1914
J&D, $35,000... Dec. 1, 1934
Subject to caU aft. Deo. 1. 1914
4s, J&D, $15,000.. .June 1. 1934
Subject to caU aft. June 1,1914
4s, M&N, $350,000.. May
1. 1935
Subject to call aft. May 1. 1915
4s, J&D, $125,000... June 15, 1936
5s,

Subject to call

. .

aft.

June
June

1,
1,

1922
1912

Road and Avenue Bonds
5s,Mar.l4,$U,000.Mar. 14, '02-'04
4s, Oct. 20. 6.500. .Oct. 20, 1901
4s, July 1. 13.500.. Juu 1.1901-02
4j, Feb. 7, 20,000... Feb. 7. 1904
(Subject to oall $4,000 yearly.)
30.000... Deo. 12, 1911
4s, J&D,
70,00O.. .June 1,1912
4s, J&D,
45,000 ..Nov. 1,1913
4s, M&N,
.

Subject to call aft. Dec. 16, 1904
M&N, 260,000.. May 15. 1916

4s, J&D.
13,000. ..June 30, 1914,
Oct. 1, 1914
4s, A&O.
29,000
4s, Oct. 25, 90,000... Oct. 25, 1913.
Subject to call aft. Oct. 25, 1903
4s, F&A, $30,000.... Aug. 7, 1^01

4s.

Fair Grounds Ext. & Imp.—
July 16, $10,000.July 16, 1902

5s.

Longview Improvement—
A&O, $25,000.. .Oct. 1,1916

5s,

Subject to call aft. Oct. 1, 1906
J&D, $50,000... Dec. 1,1917
Subject to call aft. Dec. 1, 1907
5s, A&O, $25,000... Nov. 1,1918
8ubject to call aft Nov. 1. 1908
4s. J&D, $30,000.. .Dec. 12, 1921
Subiect to call aft. Dec. 12, 1911
48, F&A, $30,000.. .Feb.
6,1922
Subject to call aft. Feb. 6, 1912

($6,000 due yearly)to Aug.

7,

1905

Turnpike Bonds—

5s.

Aqueduct Bond.*—
48, F&A, $25,000.... Aug.

1,
1,

5s, Sept. 16, $12,000. Sept. 16, 1903
20,000 .Dec 12, 1911
4s, J&D,
31.000.. .Dec. 24, 1912
4s, J&D,
14,400.. .May 31, 1913
4s,
27,000... Sept. 1,1919
4s, M&S,
Subject to call aft. Sept. 1, 1909

M&N,

Total debt Sept. 1,1900 $2,815 930

22,

192,727,810
Tax valuation, real
1916 Tax valuat'n, personal. 48,608,810

Subject to call aft. Aug. 22,
4s, J*J, $60,000.... Jan. 27,
Subject to call aft. Jan. 27,
3>«s. M&S, $15,000... Mch. 4,
Subjeot to call after Mch. 4,

1906 Total valuation 1900. .241, 36.620
1917 State & Co. tax (per M.) 1900 $7*50
1907 Population in 1890 was.... 374,573
1919 Population in 1900
409,479
1909
|

HANCOCK COUNTY.— Surrel

P.

De

WOLFE, Auditor. County seat is Findlay.
When Due.
Ditch Bonds—
LOANS—
4198. F&A $48.000.. ) Aug.l, 1901 5s. r&A. *12 000.Aug.l901to'05
($2.000y'rlvtol912;V
to
$3,000 thereafter.) ) Aug.l, 1920

Court House Bonds—

5s,

4^8

,

$105,000
50,000

HARDIN
County seat

is

1909-1918
1901-1905

CO. James

Total debt Sept. 1, 1900 $224,000
Total valuation 1 900. .21,846,756
Assess't abt. 40 per cent, act'l val.
County tax (per i.ooO) l«9-» $6-70
Population in 1890 was
42,562
Population in 1900 was
41 ,993
.

Bastable. Auditor.

Kenton.

Armorv Bonds—

When Due.

Poor Bonds—

6s, $5,000
1900 to 1908
.,$19,500
1900-1908 Interest is payable in N. V. City.
Ditch Bonds—
Total debt Jan. 1, 1900 $161,500
6*,.1&J *39,810 94
1902 07 Total valuation 1900 ..11,982,940
(V. 72, p. 1281 for maturity.)
Assessment abt. 5 actual value.
6s, A&O, $67,500.... July, 1900-08
State & co. tax (per M.) *99.$12 00
(Payable by special assessment.)
Population in 1890 was
28,939
Pike Bonds—
Population in 1900 was
31,187

6a,

:!

A&O, $22,500... .July, 1901-03
Bridge Bonds—
68, ....,$39,500
1900 to 1908
NTEREST is payable at the Hanover Nat. Bank, New York, and
the County Treasurer's office.
6s,

Burns, Clerk
Gas Works Bonds—
F&A, $127,500. Feb. 1/02 to '18

5s,

(Subject to call after Feb. 1, '09.)

Refunding Bonds—

5s-6s, ...., $30,OOO..1901 to
4«, .. ... 25,000

New

Hamilton School District. W. N. Andrews,
CLrk Board Education.
When Due.
When Due.
LOANS—
LOANS—
Building Bonds (Con.)—

LOANS—

Assess, valuation, per'l$2,662,521
Total valuation 1900.. 9,001,651
Assessment about 23 actual value.
Population 1890 (Census). .28.K45
Population in 1900 (est.) .30,000

in Butler County.

LOANS—

5s,

1901-1905

$50,000

($10,000 yearly on June 1.)
Total debt 8ept 1, 1900. $281,000
Sinking fund assets
10,000
Tax valuation 1900
3,193.460
$2n-00
Total tax (per M.) 1900
Population in 1890 was
5,473
Population in 1900 was
5,501
School District Bonds

CO.-Wm.

4s.

payable at First National Bank,
other bonds at city treasury.

INTEREST on water bonds is

York

the county seat

LOANS—

This city

,

to call aft. June 15, 1916
County Bonds—
5s, J&D, $150,000... Dec. 10, 1914

Bonds—

,

1899-1911
$95,551
1899-1915
8.510
($500 yearly to 1914.)
1899-1924
13,025
.....
4s,
1900-1909
Water Works Bonds—
8,200
4s
1901-19151901-1913 5s, J&J, $271,000
3,900
4^8,
1901-1907
5s,....,
3,500
Refunding sewer Bonds—
1901
1,0.0
*2,000..Aug. 1, 1901 6a, ....,
4^23, F&A,
Total debt Mar. 1, 1901. $936,602
($250 yearly) to Aug. 1, 1908.
1900-1908 Water debt (included)... 275,500
1.160
4128,
Total valuation 19oO... 8,566,320
Fire Dept. Bonds—
1901-06 Assessm't about 2-5 actual value.
4s. $3,000
Total tax (per $1,000) 1900. $32-52
Assessment Bonds—
23,914
4H8, sewers, $68,918.. .1899-1913 Population in 1900 was
17,565
13,918.. .1899-1905 Population in 1890 was
6s, sundry,

Sub lect

McPherson, Auditor.

seat.

LOANS-

4s.

F&A

Glenville School District
5s,

Intersection Bonds—
Aug. 1,1908
F&A, $25.700
Street Improvement Bonds—
$50,284... .1899-1913
4*«s,
1899-1908
17,000
4s
73,100. .Aug 1901-1910
4s

-

Court House—
5S, F&A, $50,000... Aug. 1,1934

I

1919

1,

J> ue

.

4*28
4s, ann.,

,

GLENVILLE.— Ira. C.
This
Cuyahoga County.

A&O,

1920

13,000

Improvement Bonds—

,

,

5a.

.,

5s

$7,600 ...Aug. 25, 1904
1907
8,000
1910
8,500
1911
5s
17,000
1912
13,000
5s,
,
1913
2,50».
5s,
1914
4.500
5s
1915
1,500
5s
.1-16
3,000
58 t
...»
5s, F&A, 10,500.... Aug. 25, 1917
5s, F&A,
9 000. ...Feb. 25,1918
7,000. ...Aug 1, 1918
58, F&A,
58, F&A, 13,000.... Aug. 25, 1919

village

M*vor.

Street Improvement—

1916

Redemption Bonds—

6s,
5s,
58,

27,005
27,918

Redemption Bonds— Con.
F&A, $6,000.... Feb. 25, 1920

When Due.

Water Bonds 1894—
5s,
5s,

4-00

rate (per M.) 1900

Population in 1890 was
Population in 1900 was

($3,500 to 1902; $4,000, 1903-*05;
$1,000 to 1907; $5,000 to 1909;

GALLIPOLIS.— T.

Hanson, Auditor.

$5,500 in 1910; $6,000 in 1911 &
1912, and $6,500 in 1913.)
.Apr. 6, 1918
5s, A&O, 40,000
60,000.. July 28. 1919
5s J&J.
Interest paid by County Treasurer.
Bonded debt Mar.l, 1901. $32^,000
Tax valuation 1900
6,647,090
Real valuation
15,000,000

When Due.

LOANS—

When

LOANS—

Sewer Bonds—

in

83

AND TOWNS.

0. Ross, Clerk.

Crawford County.
When Due. Total debt Sept. 1, 1900. $166,300
LOANS—
2,414,620
Tax valuation 1900
Refunding Bonds—
$81.0»0. ...1906-1912 Actual value (est.) 1899.. 5,000,000
6s,
4»*8, MAS.
6,000.. Mar. 1, 1906 Tax rate (per $1,000) 1900. $31-40
Population in 1890 was
6.326
Street Bonds—
7,282
4>«8, J&J, $39,000.. July, 1901-'10 Population in 1900 was
This city

2

1905

I

HENRY
County seat

is

COUNTY.Napoleon.

at

-David F. Coe, Auditor.

—
8i

BTATt *N& CITY SUf fltWtm.
Ditch Bonds—
J&J, $7,000

1™« }1 Due.

LOANS-

Refunding Bonds—
5s

$30.000

,

Township Road
5s, J&J $12,000
5s, J&J 11.000
5s,
58,

J&J,

8,000
13,000

July 1,1902
April 1,1904 Total debt Sept. 1. 1900. $93,000
Imp. (Special) — Total valuation 1900
6,967,350
July 1, 1905 Assessment about h actual value.
July 1,1906 State & co. (per tax M.) '99. $13*24:
July 1,1907 Population 1890 was...
25,080
Nov. 1,1907 Population in 1900 was
27,282
5s,

TDHMmW —

A M COLLETT,

5s,

M&N,

-

May

3,500

-

1,

1914

. . .

J&J, $90,000

M&S, 18,000

Total tax (per $1,000) 1900 31-20
Population in 1890 was
10,939
Population in 1900 was
11,868
School District Bonds

Jan. 1,1906

Mar. 1,1911

—
1,1906
1900-1912
1,1907 5s, $32,000
INTEREST on the wharf bonds, on the special assessment bonds,
and on the temporary loan bonds, is payable at the City Treasury; on
all other bonds at the National Park Bank. N. Y. City.
27,000.... July
20,000. ..July

J&J,
J&J,

JACKSON CO.— 0.
Jackson

is

P.
i

1901. $400,000

Harden,

P.

Auditor.

Interest payable at County Treas.
Total debt Sept. 1, 1900 $393,500
Sinking fund
77,955
Net debt Sept. 1, 1900..
315,545

Township bonds

124,000

(add'l)

Total valuation 1900... 18,449,440
Assessment is < 5 actual value.
State & Co. tax (per M.) '99. .$19 80

Population in 1890 was
Population in 1900 was

10,000
6,000
5s, ... .,
1906-08
6.000
58, F&A,
(V. 71, p. 1082, for maturity.)
5s

39.415
44,357

County.
I

|

These bonds have been repudiated by the City Council on the ground
that they were illegally issued. The interest due September 1,1896,
was not paid. In 1900, however, tne United States Circuit Court of
Appeals affirmed the validity of the bonds.

KENTON.— John P. Dugan,
is

in

Refdnding Bonds—

Clerk.

Water Works Bonds— (Con.)

When Due.

1903-'07.'09

4s,

—

—

'

,

LAKE CO. —E. D. Heartwell, Auditor.
is

When Due

LOANS—

Bridge Bonds—
58,
4s,
48,

19^2-1916
20,00O..June, 1910-M9

$36,000

J&J.

J&D,
,

15.000..1903, '07

& '09

LANCASTER.— Geo
County.
This

Bonded debt

Sept. 1, 1900.$69,500

Assessed valua'n 1900.14,815,420
Population 1890
18,235
Population 1900 was
21,680

H. Miller, Treasurer.

city is in Fairfield

LOANS—

When Due.
LOANS—
Bridge & Road Repair Bonds

$102,000
Total debt Feb. 1, 1901
Assessed val'n, real. ...16,114,990
J&J, $50,000
July 1, 1905 Assessed val'n, pers'l.. 7,467,100
($10,000 due yearly) to July 1,1908 Total valuation, 1900.-23,582,090
County Building Bonds—
Assessment about 65% actual val.
6s, J&J, $42,000
1901-1907 State* oo. tax (per M) 1900 $8 40
Refunding Bonds—
Population in 1890 was
43,279
6ss, J&J, $10,000 ....1903 & 1904 Population in 19 00 was.... 47,070
INTEREST is payable at Newark, Ohio.

tma

r

J_>11YJ.^\..

This city

When Due.

City Hall Bonds 1901 to 1904
6a. F&A, $35,000
($10,000 yearly).

Fire Improvement Bonds—
$2,000 yearly
5s, J&J, $7,000
Street Improvement Bonds—
Junel, 1901
6s, J&D, $1,940
Junel, 1906
6s, J&D, 5,229
Mar. 1, 1908
6s, M&S, 14.900
Aug. 1, 1905
6s, F&A, 5,000
Aug. 1,1908
720
5s. F&A.

J&J,

LOANS—

When Due.

Street imp. Bonds— (Con.)
5s, J&D, $6,175 ...Aug., 1901-10
($325 each F&A.)

Water Works—
5s, M&N, $21,000.... $2,000

When Due
Refunding Bonds—
3%!8, A&O, $100,000.. .Apr.1.1930

E.

4b,

$2,500

..

.Mar. 1902 to
Mar.. 1904.

($500 each, M&S)
6s
1901
,$1,000
1904-1908
4s, M&8.
10,000
($1,000 due M&S.)
Bonded debt Sept.l, 1900.$260,500

1. 1925
1, 1920.)

Water Works—

M&S, $50,000. .Mar. 1, 1906
($10,000duey'rly)toMar. 1, 1910
5s, M&S. 138,000.... Apr. 1,1916
Bond, debt Sept.15,1900. $835,550
Floating debt
30,000
Total debt 8ept.15.1900. 865,550
Water debt (included)
338,000
School bonds (additional)
45,000
Assessed valuation 1900.8,103,076
Total tax (per $1,000) 1900.$28"00
Assessm't about 23 actual value.
Population in 1890 was
15.981
Population in 1900 was ...21.723
5s,

12,000

in

. .

Sch. Dist.

)

is

1925.)

$150,000.. Mar.

(Subject to oall after Mar.

(Part yearly.)
$1, 875.. July l,1901-'O3

Bds.—A. Catt, Clerk.

M&N, $14,000

Sept.1901 to '14
15,000. Sept.1901 to'15
J&J, 15,000.Sept. 1, 1902-'16
Bond, debt of dist. Sept.'OO $45,000

5s,
5s.
5s,

M&S,

payable by Winslow, Lanier

is

&

City Treasurer's office.

Beck, Clerk.

Hocking County.

LOANS—

When Due. Total debt Mar. 1, 1901
Tax valuation 1901

$61,000
590,215
6s,
Jau. 1, 1906 Total tax (per $1,000) 1901.$85-94
,$3,000
1901-1929 Population in 1890 was
3,119
58, J&D, 58,000
Populationin 1900 was
3,480
($2,500 due yearly on June 1.)
INTEREST is payable at the Western German Bank, Cincinnati,
O., and Spitzer& Co., Toledo.
Gas,

I

..

Water & Sewer Bonds

|

LOGAN CO.
is

LOANS-

Frank

E. Milligan, Auditor.

BeUefontaine.
When Due.

Ditch Bonds— (Con.)—

Bridge Bonds—

J&J, $15,000... July, 1901, to
($2,500 eaoh J&J.) July 1, 1903
4s, M&N, $18,000. July, 1901-1905
($2,000 due each J&J.)

4s.

$10,000.... Jan. 1,1905
M&S,
15,000.... Jan. 1. 1910
J&J,
4,500. .Jan.l, 1904 to
Jan. 1, 1908
($500 each J&J)

4s,
4s,
5s,

J&J,

Pike Bonds—

J&J, $4,000
($500 each J&J)

5 s,

6s
6s,

July. 1901, to

Jan. 1905

is

Part yearly
1901 to 1903
5

GEO.

\

j. j.

L.

When Due.

,

River Improvement Bonds—

J&J, $75.000.... July 15, 1918
($5,000 due yearly) to Julyl5,1932
1914-1933
$100,000
($5,000 due yearly on Sept. 15.)

5s,

Water- Works Bonds—

Sewer Bonds—
4s,

,

M&S,

$24,000. Part due yearly
44,000. Sept. 15, '01 to
Sept. 15,

Refunding Water Bond6—

1,1914
1, 1919

$90,000. ...Nov.

Paving Bonds—

$36,000.... 1901 to 1904

LORAIN CO.— G.

1910

($2,000 eaoh, M&S, to 1904.)
($2,500 eaoh, M&S, to 1910.)
4s M&S, $8,000... Sept., 1901-1905
($1,000 each M&S.)

1902
6s, $2 000
6s, 2,285
1903
do
Total debtMar. 1, 1901.. $557,285
230,000
Water debt (included)
Spec, assess, bds. (incl.). 115,000
5,071,451
Tax valuation 1901
Assessment about i« actual value.
Tax rate (per $1,000) 1900. $35-00
4,863
Population in 1890 was
Population in 1 900 was .... 1 6 .028
Sch. D. Bds.—E.. E. Hopkins, Clk.
,$62,500..Aug., 1916
5s & 6s

Improvement

.

125,000... Aug. 24, 1915

the county

Clerk.

6s

M&S, 15,000... Sept.

27,386
30.420

same name.

1901-1903
$3,000
6s
($1,000 due yearly on Oct. 28.)
1903-1912
,$30,000
6s
($3,000 due yearly on Aug. 1.)

s

.

Populationin 1890 was
Population in 1900 was

GLITSCH. Mayor.

in the county of the

LOANS—

Elyrla

I
I

1901-1903
6s
, $9,000
Total debt. Sept. 1, iy00..$89,500
Total valuation 1900. .14,281,030

MAHONEY,

Refunding Bonds—

6s

Buildings and Road Imp'ts—

I

$30,000
J&J, 15,000

This city

. .

I

Ditch Bonds—

LOANS—

Turnpike Bonds— (Con.)

1,

3^8, M&S.

Refunding Water Bonds—

(

yearly

Brown, Auditor

(Subject to call after Apr.

1901 to 1907
1900-1908

1899-1908
Various amounts every 6 months)
5s, J&J, $40,000.. July, 1901-1908
($2,000 every J&J to 1903 inclus.;
*3,000 ev'ry J&J from 1904 to '08.)
5s, J&J, $38,000. July, 1901-1910
($2,000 every 6 months J&J.)
5s, J&J, $32,000.... July, 1901, to
Jan.l, 1909
($2,000 each J&J)
5s, J&J,
$4,500.. July 1,'08-1909
($2,000 due in 1908.)
1900-1909
4s, J&J, *130,000
(Part due each J&J
5s, J&J, $29.900. .Jan. 1,1900 to
(Parr, each J&J.)... .July 1,1909
3^8, J&J, $32,300.. July, 1901-'10
($1,700 each J&J.)
INTEREST on the water bonds
Co., N. Y.; on aU other bonds at the

5b

\

CO.—H.

($5,000 due semi-annually.)
4b. M&S, $20,000 ..Mar l,1904,to
($1,000 each, M&S.) Sept. 1, 1913

the county seat of Allen County.
When Due.
LOANS-

is

5s,

1b I ronton.

Turnpikk Bonds—
5b, M&S, $225,000.. Mar., 1902'23

PROPHET, Mayor.
LYNCH, Clerk.

S.

29,750
69,900

6s, July,
5s, J&J,

4s.

When Due.

H.

c. E.

Paving Bonds—

Total valuation 1900... $3, 363,430
Assessment about
actual value.
Total tax (per $1,000) 1900.$24-20
Population in 1890 was
7,555
Populati