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TATE MflB
SUPPLEMENT
OF THE

&

C ommercial

f inancial Q hrowicle.

INDEX TO STATES.
Page.

Page.

ALABAMA,

-

-

-

171

MAINE,

ARIZONA,

-

-

-

MARYLAND,

ARKANSAS,

-

-

CALIFORNIA,

-

-

144
175
146
140
33
74

COLORADO,
CONNECTICUT,

-

-

DELAWARE,
DIST.

-

-

-

OF COLUMBIA,

FLORIDA,
GEORGIA,
IDAHO,
ILLINOIS,

INDIANA,

....
-

-

-

-

....
....

IOWA,
KANSAS,

KENTUCKY,

.

-

LOUISIANA,

-

-

.

76
170
167
139
95
89
114
129
160
174

-

-

-

-

MASSACHUSETTS,
MICHIGAN, - - MINNESOTA, - MISSISSIPPI,

-

-

MISSOURI,

-

7

-

75
15
101
110
172
117
136
125
153
10
58
143
39
164
122
77

-

-

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

NEW
NEW
NEW

JERSEY,
MEXICO,

-

-

-

-

YORK, ...
NORTH CAROLINA,
NORTH DAKOTA,
-

OHIO,

Page.

OKLAHOMA

-

-

OREGON,
PENNSYLVANIA,

-

RHODE ISLAND,

-

SOUTH CAROLINA,
SOUTH DAKOTA,
TENNESSEE,
TEXAS,

-

-

-

-

-

-

176
150
65
30
166
124
162
176

UNITED STATES—
Debt, &c.

-

-

-

UTAH, -..VERMONT, -

-

-

VIRGINIA,

-

-

-

-

WASHINGTON,

WEST

-

VIRGINIA,

WISCONSIN,

WYOMING,

-

-

-

-

-

-

5
142
13
155
151
159
106
138

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

14 1900.

A.-pzril

WILLIAM

B.

3

DANA COMPANY, PUBLISHERS,

PINE STREET, corner

of

PEARL STREET, NEW YORK.

[Entered aooording to Aot of Congress in the year 1900, by William B.

Dana Company, In Office of Librarian ot

Congress. Washington, D.C.]

Van Cortlandt &

Kean,

Co.,

BANKERS,

NASSAU STREET, CORNER CEDAR.

26

TRANSACT A GENERAL FOREIGN AND DOMESTIC
BANKING BUSINESS.
DEALERS

J.

&

IN

INVESTMENT SECURITIES.

W. SELIGMAN &
NEW YORK.
Seligman Freres

Seligman Brothers,

LONDON.

&

Cie,

Co.,

Seligman

&

Stetheimer,

FRANKFORT-ON-MAIN.

PARIS.

FOREIGN EXCHANGE, LETTERS OF CREDIT.

CAREFULLY SELECTED MUNICIPAL
AND
OTHER HIGH-GRADE INVESTMENT BONDS.
GOVERNMENT,
]

STATE,

__

_

_ ^

^_ _
±s^j.

BONDS
Rudolph Kleybolte & Company,
COUNTY,
MUNICIPAL,
SCHOOL,

-l-'v-'-l

><

J

BANKERS,
NEW

CINCINNATI,
Third Street,

cor.

Telephone No.

Walnut.

YORK,

CHICAGO,
171 La Salle Street.

1 Nassau Street.

Telephone

21.

Telephone Main

4362 " Cobtlandt.'

AUGUSTUS FLOYD,
No.

32

Pine

Street,

New

York.

DEALER IN NEW YORK STREET RAILWAY BONDS.

LOCAL INVESTMENT SECURITIES,

933.

TATE
OF THE

C ommercial

F inancial ^ hrowicle,

&

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

NEW

Dana Company,

in the office of the Librarian of Congress, Washington, D. O.J

YORK, APRIL

14,

1900.

may be suddenly changed.

Out

of this, curious

com-

from time to time. Manifestly it
without extra cnarge to every annual subscriber of the Commercial makes a great deal of difference whether property is
and Financial Chronicle.
The Investors' Supplement, issued quarterly, is also furnished assessed for taxation at one half, one third or one
without extra charge to every subscriber of the Chronicle.
quarter its value, or at its assumed full value.
It
The Street Railway Supplement, issued semi-annually, is likewise
furnished without extra charge to every subscriber of the Chronicle.
will be readily seen, too, that there is wide room for
The Quotation Supplement, issued monthly, is also furnished the play of official or legislative discretion and design
without extra charge, to every subscriber of the Chronicle.
Terms for the Chronicle, including the four Supplements above
that by departures in the basis of assessment the
named, are Ten Dollars per year within the United States and Thirteen
Dollars (which includes postage) in Europe.
debt may be contracted or expanded as the case may
File covers of the Chronicle are sold at 50 cents each postage on
the same is 18 cents. File covers for Supplements can be had at be, even where there is a fixed percentage debt limit.
office for 65 cents or mailed for 80 cents.
In two Western States considerations arising out of
London Agents.— Messrs. Edwards & Smith, 1 Drapers' Gardens,
E. C, will take subscriptions and advertisements, and supply single such departures are at present engaging the attention
plications

The State and City Supplement, issued semi-annually,

is

arise

furnished

—

;

ooplea of the Chronicle at Is. each.

WILLIAM

B.

DANA COMPANY,

Publishers,

Pine Street, corner of Pearl Street,

NEW YORK

Post Office Box, 958.

ASSESSMENT VALUATIONS IN RELATION
TO DEBT LIMITS.
It is

now

a pretty general custom to limit the in-

We

of the people.

shall advert to

them at length

fur-

ther below, for they present features which, though

only of local bearing and application, are not without

some degree

of general interest.
In the past, questions as to the precise meaning to
be given to the word debt have also at times arisen;
but these questions have now become pretty well set-

—

debtedness of gounties and municipalities, the limit tled legislative enactment or judicial construction
being usually fixed either by the Constitution or by aiding to that end so that the meaning of the term
legislative enactment at a certain percentage of the is considered quite clearly defined. Doubt used to exist
assessed value of the property.
The provision of whether where the simple word debt or indebtedness
course is a wise one, being a protection against ex- was used it meant gross debt or net debt, the latter
cessive debt issues, which foster extravagance and being the amount remaining after the deduction of
often entail burdens beyond the ability of the tax-pay- sinking funds. That very point was raised, the reader
ers to bear.
In such a contingency credit becomes will perhaps remember, in the case of the debt of this
impaired, making future borrowings correspondingly city, but in May 1386 the Court of Appeals decided,

—

more costly; or maybe a readjustment of the debt is at the end of a litigation begun in July 1885, that the
found necessary and the municipality is obliged to sinking fund was not a part of the city debt within
scale or reduce the principal of its obligations or to the meaning of the provision of the Constitution
ask some other indulgence of its creditors, with the limiting the creation of debt to 10 per cent of the
effect of bringing borrowing to an end for a term of assessed valuation of real estate
that is, that the
years, even where needful improvements would justify sinking fund (which in the case of this city has althe step. Of all forms of limitation, an indebtedness ways been large) was to be deducted in calculating
proportioned to property valuation seems best adapted the amount of the debt. More recently a similar
to the purpose. Under it no rigid limit is set to the question was raised with reference to the debt-creatamount of the debt, which may be increased as the ing power of Philadelphia, with the same result. That
valuation expands. The basis is a fair one, too, for an is to say, by a decision of the Supreme Court of Penn-

—

expansion of property values implies (other things sylvania, filed May 31 1894, it is held that within the
being the same) growth in wealth and in population, meaning of the word "Debt" in Section VIII., Article
and hence in the ability to make larger contributions IX., of the Constitution of Pennsylvania, the real debt
to the public treasury.
Moreover, with the growth in of the city is the authorized debt less the amount of
the municipality's population there follows a corre- the city certificates purchased and uncanceled in the
sponding growth in the needs for improvements in sinking fund.

The plan possesses an element of
circumstances require, and allows an
adjustment of the debt to the needs of the situation.
It is obvious, however, that in practical operation
much depends upon the way the rule is applied. The

ing the incurring, of

methods

limit,

various directions.
flexibility, just as

of assessing values

may vary

widely, and they

In several of the S ates, to leave no room for misunderstanding, a definition of the word "debt"' is furnished in the statutes or the Constitution. In Massachusetts there

and

is

no constitutional provision
debt, but

there

is

in the law with regard to the

restrict-

a statutory

same there

is

2

STATE

>W

CITY SUf flEMEWT.

a clause which explains how the debt is to be computed. The water debt is of coarse distinctly excluded (as in nearly every other case), and in addition

prcvided that in determining whether the limitation fixed by the statute has been reached the sinking
funds shall also be deducted from the total of the
it is

In

New

Hampshire, likewise, the restriction
as to amount of indebtedness is imposed by statute
and not by the Constitution. The provisions are
contained in what is called the Municipal Bond Act
of 1895.
These prohibit an increase in the net debt
of any municipal corporation to an amount exceeding

debt.

5 per cent of the value tf the taxable property therein.

To

ascertain the net debt all debts,

must be included except water

it

is

stated,

debt, and the follow-

deductions are permitted: "Cash and other
means" in treasury and sinking funds applicable to
the payment of the debt included. In the same State
ing

there

is

the matter in the laws

also a reference to

prescribing the investments of savings banks.

The

purpose in this last case is to define the meaning of
"net indebtedness" as applied to municipalities of other
States in whose cbligations the savings institutions of

New Hampshire
The

are allowed

provision bearing on

to

invest their funds.

the subject declares that

Vol.

LXX

tained by the last assessment for State and County
taxes, previous to the incurring of such indebtedness."

These provisions apply of course

Chicago the same
as to other municipalities in the State.
As the Constitution has been in force thirty years, it may nodoubt be thought there has been time enough to
establish its meaning.
The difficulty and doubt
which have now arisen are owing to the enactment of
a law providing a new methed for asseesing property.
In Chicago valuations in the past have been on a
notoriously low basis, many pieces of property b ing
assessed at not more than 10 to 15 per cent of their
actual worth.
In February 1898 the Illinois Legislature passed what is known as the Revenue Law of
1898.
This law provides for a Board of Assessors and
a Board of Review in counties containing 125,000 or
more inhabitants. It declares that the preperty
assessed shall be valued at its fair cash value, estimated at the price it would bring at a fair voluntary
sale in the due course of trade, which value was to be
set down in a column to be headed full value, and
one- fifth part thereof to be set down in another
column which should be headed assessed value, and
this one-fifth value of all property so ascertained and
set down should be the assessed value for all purposes
to

the term "net indebtedness" shall be construed to de of taxation, limitation of taxation, and limitation of
note the indebtedness of any city or town, omitting indebtedness prescribed in the Constitution or any
debt created for supplying the inhabitants with water statute. In stating the substance of this Revenue

and deducting the amount of sinking funds available Law, we have used substantially the words employed
for the payment of municipal indebtedness.
by the Chicago City Comptroller, Mr. William D.
We will refer to only one other instance, namely Kerfoot, in his report under date of March 31 1900.
the State of Maine. Here also the definition is found
There was an increase in the assessed value of the
in the savings bank investment laws.
In the case of property of Chicago as the result of this law, but not
counties the term net municipal indebtedness, it is to the extent expected.
The city's financial needs
declared, must be construed to include all bonds have long been urgent, and apart from that the fact that
which are a direct obligat on of the county, less the every large and growir g city wishes to carry forward
amount of any sinking fund available in the reduction various improvements from year to year has made the
In the case of cities and districts it is city officials desirous of putting out 'additional bonds
of such debt.
strued
to be col
to include not only all bonds which if it could legally be done.
The new law unfortunIn
are a direct obligation, but also all bonds of the dis- ately did not furnish the relief counted upon.
tricts or boards within the same, exclusive of any such fact, if it had been allowed to stand in its entirety,
debt created for a water supply and of the amount of any the effect would have been just the other way. There
sinking fund available in the reduction of such debt.
was one section (Section 49) in it which made the
These illustrations make it clear that usage and limit of indebtedness for cities in the class to which
judicial interpretations have established pretty def- Chicago would belong only 2£ per cent of the assessed
initely what constitutes debt within the meaning of value of the property.
This section was on Jan. 12
;

statutory or constitutional limitation?.

On

the other

hand, as already indicated, questions keep arising as to
the tax valuations, owing to differences in the methods
of computing the assessments in determining such
We have stated above that matters of
valuations.
this kind were engaging attention in two of the WestOne of these States is Illiuois, the other
ern States.
The Illinois case is much the more important
Iowa.
There a decidedly interesting situand prominent.
ation has developed out of a new assessment law
placed on the statute books a short time ago, and
which in its application to the city of Chicago is
producing some curious complications.
The power of Illinois municipalities to create debt
the Constitution.
plainly prescribed by
The
is
instrument now in force in that State is that of 1870.

By

Article

9,

Section

12,

of that Constitution

it is

1900, for a special reason, declared unconstitutional,
the Court, however, allowing the rest of the Act to

a result, the debt limit remains as

stand.

As

before

— that

was

the 5 per cent fixed by the State

is

The question now

Constitution.

it

at issue

is

whether

the 5 per cent is to be'calculated on the basis of the
full value of the property arrived at under the new
law, or at the assessed value which, as we have seen, is

only one-fifth the full value. The reading of the law
would seem to favor the latter construction. The
assessed value

allowing

only $345,196,419. The full value,
certain deductions made, would be

is

for

on the basis of
assessed values, then the city has reached the d- bt
On
limit and can create no further indebtedness.
on
the
be
is
to
hand
if
computation
the
the other
basis of the full value, then the city can issue bonds
up to the amount of nearly $70,000,000, and would hence
have a large debt margin for many years to come.
The matter is plainly one of great importance to
the city. A test case, to obtain a legal determination
$1,786,110,125.

If

the computation

is

provided that, "No county, city, township, school
district or other municipal corporation shall be
allowed to become indebted in acy manner or for any
purpose, to an amount, including existing indebtedness, in the aggregate exceeding five per centum on of the question, is to be made of the $2,500,000 issue
the value of the taxable property therein, to be ascer- of bonds sold April 4, and a decision will be awaited

3

STATE AN& CITY SUfft£M£NT,

April, 1900.

with much interest. The wisdom or expediency of were added to in amount of $5,800,824, thoae of Pennpermitting the creation of a debt up to 70 million sylvania $10,533,342, those of Maine $3,150,829,
We may note, those of New Hampshire $2,570,148, those of Vermont
dollars is not now under discussion.
however, that Comptroller Kerfoot urges that in the $2,455,028, those of Rhode Island $2 597,559, and
event of an adverse construction, step3 should be those of Connecticut $10,052,090. Here is a total

taken at the earliest moment to secure whatever ac- addition in one year in New E iglaid, Now York,
tion, by constitutional amendment or otherwise, may Pennsylvania and New Jersey of $138,721,834, and the
be necessary to enable the city to increase the debt t» aggregate of the deposits of those States now amounts
to nearly two thousand million dollars
$1,959,047,$70,000,000.
The case of Iowa is just the reverse of this. There 040. On the other hand, the total of State, city,
the taxable value has been enlarged, and it is now county and town bonds of all kinds issued during the
proposed to reduce the debt limit to correspond with calendar year 1899, according to the records kept by
The Constitution of Iowa prescribes 5 us, including the States whose bonds are not perthe change.
per cent as the limit of indebtedness, the taxable missible investments, and also including bonds issued
value of the property to be ascertained by the last to refund existing obligations, was no more than
State and County tax list previous to the incurring of $118,113,005. And the exhibit for 1899 is simply a
the debt. The revenue laws of the State were revised repetition of the experience of other years.
in 1898, and under this revision it was provided that
Impelled by the necessity here indicated, the three
property must be listed at its actual cash value, most important States (from a savings bank standIt is point), namely New York, Massachusetts and Con25 per cent of this to be taxation basis.
that
methods
claimed
as compared with the
in necticut, holding together an aggregate of $1,579,vogue under the old revenue laws this means an 817,893 deposits, last year as outlined in these columns
increase of four or five fold in the taxable basis. at the tim6, greatly extended the authority of the
Steps have accordingly been taken to contract the institutions to make investments in railroad securitiea.
debt limit to conform to this change, a bill having As a matter of fact, however, the process has been
passed the Legislature and been approved by the going on steadily for years.
New York State, with
(lovernor providing that in the future the aggregate the largest deposits of any State, clung most tenaof municipal indebtedness shall not exceed 1£ per cent ciously to old traditions.
Long after most of the
of the actual valu6 of property in cities or towns as other States had added new classes of investments to
returned by the last tax list.
the savings bank list, New York still hung back.
Prior to 1898 the institutions in this State could not
buy railroad bonds of any kind. In the year mentioned
STREET
AS INVEST- authority was first given to invest in such bonds unFOR SA VINGS BANKS.
der closely-guarded restrictions. The enactment of
The enlargement of the scope of the investment that year, though, simply gave permission to invest in
field of the savings banks is no longer seriously ob- the first mortgage bonds of railroads the principal
jected to by any one.
Time was when suggestions of part of whose road is located within the State. The
allowing these institutions to go outside of real estate door having been opened, it was natural to go a step
mortgages and public funds {%. e.> Government bonds further, and in 1899 another enactment was passed,
and State, city, "county and town bonds, etc.,) for the under which the institutions of this State are given a
employment of their moneys did not meet with much pretty extensive list of railroad bonds to choose from.
favor.
The opposition came chiefly from municipal At this year's session of our Legislature a slight furauthorities who feared that as a result of opening the ther change was made in the law, consisting simply in
door wider> the banks would go so largely into the the addition of the Chicago & Alton KR. to the list.
The purpose of this article is to discuss the practice
other and newer line of permissible investments that
the demand for municipal securities would be cur- with reference to including or excluding street railthe permissible
investments.
tailed, with the effect of obliging municipalities to way bonds among
Timeliness is given to a discussion of the subject by
pay a higher interest rate on their borrowings.
a
variety of circumstances.
A short time ago a bill
Originally the objections took a still narrower form,
attempts having sometimes been made in the past to was introduced in the Massachusetts Legislature incircumscribe the banks even in their choice of public tended to extend the authority of the savings institufunds, so as to oblige them to confine themselves tions of that commonwealth in making investments so
mainly or exclusively to the issues of their own State. as to include the first mortgage bonds of street railThe motive in this case was the same as in the other, way companies in that State. Under existing statutes
the banks in Massachusetts are prohibited from buying
it being considered that such a policy was essential in

—

RAILWAY BONDS
MENTS

icipal credit has

steadily

for obligations of

than

—

mun- street railway securities at least in the section of the
improved and the demand law which confers the right to buy railroad bonds and

the interests of municipal borrowing.

that class has grown

But

as

provided that street railway
companies shall not be considered railroad companies
within the meaning of the section. The bill which

more rather notes,

it

is

distinctly

notwithstanding the banks have been
given authority to buy railroad and other new classes
the Legislature was asked to enact read as follows:
of securities, fears on that ground have disappeared.
Section 1. Savings banks are hereby authorized to Invest their funds
The truth is, savings banks'deposits are growing so
in first mortgage bonds of street railway companies incorporated
fast that the addition of new lines of investment has under the laws of this State whose roads are located wholly or in part
been an absolute necessity.
During the calendar therein, and which have earned and paid a dividend of not less than
three per oentum per annum for two years next preceding such inyear 1899 the deposits of the savings institutions of vestment.
les3 active,

New York

State increased $71,330,283, while in the

year 1899 (ending Oat. 31) those of Massachusets increased $29,559,125
at the same time the de
fiscal

;

posits of

the banks in

New

Jersey in the latest

It is

enough

to say with reference to this proposed

As was recorded in the
S'ateand City Department of the CHROXiCLEof March
year 31, the measure was, on the recommendation of the
bill,

that

it

failed of passage.

flfl

STATE AND CITY SUf ftEMEWT.
Committee on Banks and Banking, rejected

in

both

branches of the Legislature.

The action in this
what is the lino of

case

makes

it

interesting to see

policy of other States with reference to street railway investments. Generally speaking, there are not
many States that sanction
such investments. If we take the States up in
order,

beginning with Maine, we

commonwealth

that
tions

does allow the

shall

that

find

savings institu-

hold street railway bonds, but that the
power there is hardly enough restricted, hence in.
to

viting risk of loss where

bank

officers availing

wide latitude allowed by the law

fail to

of the

exercise suffic-

making selections of street
railway investments.
The weak point in the statute
was brought to our notice about eight or nine months
ient vigilance

and care

in

ago; and, rather singularly, demonbtration of the defect came in the case of a street railway of Massachusetts, the
its

own

very State which has

now refused

to allow

institutions to invest in street railway issues

of any kind.

Some time

last

summer one

of

the

smaller houses in Boston offered for sale an issue of
bonds of a little electric railway in Massachusetts.

There was nothing out of the ordinary in this offtring
except that at the bottom of the circular the an.
nouncement was made that the bonds were a legal
investment for Maine savings banks. The statement
seemed rattier a surprising one, as the road was not
alone of decidedly minor importance (it being less
than twenty miles in length), but it had ODly just
been opened for business, so there had been no demonstration of its earning capacity. Yet study of
the Maine statutes makes it conceivable that the statement may have been correct. The Maine law declares
(after
enumerating the States in which
railroads investments are permitted) that "no bonds
of street railroads shall be purchased unless an
amount of capital stock equal to thirty-three and onethird per cent of the mortgage debt shall have been
paid in in cash and expendeduponthe road, evidenced
by a certificate of the Railroad Commissioners of the
State where the road is located, filed in the office of
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." As the circular above

mentioned declared that the Massachusetts Board of
Eailroad Commissioners had placed the total cost of the
road

completed, at over $400,000, while the
full authorized issue of bonds was to be only $200,000,
it is easy to fee that the requirement of the Maine law
might have been fully complied with.
Yet the road
in question,

months from the time the
sale went into the hands of a

referred to in less than six

bonds were offered for

We make

reference to the matter simply as
disclosing an unguarded point of the law which might
possibly lead to ill-advised investments; we can not
discover that any savings institution was induced to
buy the bonds of the road referred to.
At first sight such a proviso as that contained in the
Maine statute would seem ample to safeguard the investment. The experience in this instance shows
that there are cases where it is not. The considerations affecting investments in street railway bonds are
in many respects quite different from those governing
investments in steam roads. The only true test would
appear to be earnings and dividends, a test also pre
scribed in most recent State legislation for steam
roads.
It is possible that as regards street railways
even this test might not suffice when applied to the
past, owing to the process of amalgamation and consolreceiver.

Vol.

LXX

idation which has been going on in the street railway

world, changing completely the character of many of
the undertakings. It is likely that these consolidations, in providing large issues of bonds covering extensive systems, of stable and assured earning capacity,
can ultimately be utilized to the advantage of the
banks, but time will be needed to demonstrate that
such combinations have been established on a basis
safe beyond peradventure
and that, after all, is the
condition indispensable above everything else.
The larger States have not favored street railway
bonds as means for the employment of savings banks
funds.
Thus, the present law of this State in defining what railroad bonds the institutions may hold
says that " street railroad corporations shall not be
considered railroad corporations within the meaning
of this subdivision."
The Connecticut law says:
" This Act shall not be held to authorize any investments in the bonds of any corporation operating its
railroad exclusively by any means other than steam as
a motive power, or in the bonds of any street railroad
company." In Vermont the law does not give permission for railroad investments of any kind.
The same
is true of the general law controlling savings banks in
Pennsylvania, though some of the banks organized
under old special charters have authority to invest in
any "good and valid securities." The provision in
New Jersey makes it lawful for a bank " to invest its
funds in first mortgage bonds of any railroad company which has paid dividends," &c, &c, evidently
meaning steam roads. In Rhode Island there is no
reference to either street roads or steam roads, but
there is a clause permitting investments "in such
corporate stocks or bonds as they (the institutions)
may deem safe and secure." In fact, except in the
case of Maine and New Hampshire, where any mention is made at all of street railways it is to declare
that the general provisions of law with reference to railroads shall not be construed as applying to street railways.
Of the two States named, which form exceptions to the rule, we have already referred to the
provisions respecting street railways in Maine.
In New Hampshire there are several references to
the subject.
By Section 10 of the Investment law it
is provided that " street railroads shall not be considered railroads within the meaning of this and the last
"
preceding section
that is, the sections allowing investments in the bonds of any railroad company incorporated under the authority of any of the New
England States and of any State outside of New EngFurthermore, Section 15, allowiug investments
land.
in the stock of railroad corporations, reads: "exclusive
On the other hand, Section 12 is
of street railways."
devoted
entirely
to street railways and allows investments "in the bonds of street railway corporations
located wholly or in part in cities of 50,000 inhabitants or more, situated outside of New Hampshire,
whose net indebtedness at the time of such investment
does not exceed its capital stock actually paid in and
remaining unimpaired; provided, such corporation
has earned and paid regular dividends on its capital
stock for five years next preceding such investment,
but not exceeding five per cent of the deposits shall
be so invested." Here, it will be observed, the privilege
in the Maine
is much more closely guarded than
The street railway (1) must be wholly or in
case.
part in cities of 50,000 inhabitants or more; (2) the
net indebtedness must not exceed the qapital stock
actually paid in and remaining unimpaired; and (3)
the company must have earned and paid regular dividends for five years preceding. The Maine statute
obviously embodies some excellent features, but would
it not be well to add the third condition of the New
Hampshire law, as here enumerated, ard thus make
it more nearly perfect ?

—

—

UNITED

April, 1900.

United

Debt

States

5

STATES.

and

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 from those laws.
All 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
can always have the data for a correct exhibit of the debt situation at any past or future day, and make an accurate com.
parison with previous years, we present, First, the details as they stood at the close of the last fiscal year ending June 30
Second, the changes in those details since June 30 1899 down to April 1 1900 Third, the items of interest-bearing
1899
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 a9 reported by the Treasurer on the last
day of the previous month some months lack of space forces us to delay the 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.
;

;

—

;

INTEREST-BEARING DEBT OUTSTANDING JUNE 30
of Loan.

Title

Authorizing Act.

Hate.

^g

1891.. July 1 V70, & Jan. 20/71
{
1907.. July 14,'70,&Jan. 20, '71. 4 per
Refunding certificates February 26, 1879
4 per
Loan of 1904
lauuary 14 1875
5 per
Loan of 1925
January 14 1875
4 per
Ten-Twenties of 1898 June 13 1898
3 per

Funded loan of
Funded loan of

cent.
cent.
cent.
cent..
cent..

When

Interest

A mount

Redeemable.

Payable.

Issued.

Option U.S. M,J,S&D.
|
July 1, 1907. J.A.J& O.

J.A.J&O.
Feb. 1, 1904.
Fob. 1, 1925.
Aft.A'g. 1,'08

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

1899.

-Outstanding Registered.

$250,000,000
740,913,650
40.012,750
100,000,000
162,315,400
198,678,720

Total.

Goujt'iii.

$25,364,500]
491,311,900, $68,340,400

67,645,650
114,026,650

'32,354,950

48,288,750

98,092,9401 100,585,780

$25,364,500
559,652,300
37,830
100,000,000
162,315,400
198,678,720

Agg'ate of interest-bearing debt, excl. of U.S. bonds issued to Pac. RRs., as stated below $1,491,920,520 $796,441,040 $249,569,880 $1,046,048,750

DEBT ON WHICH INTEREST HAS CEASED JUNE
Funded loan of 1891, matured September 2 1891
Old debt matured at various dates prior to Jan. 1, '61, and other items of debt matured

30 1899.
$112,850 00

at various dates subsequent to Jan. 1, '61

.

Aggregate June 30 1899 of debt on which interest has ceased since maturity.

DEBT BEARING NO INTEREST JUNE

1,105,450 26

$1,218,300 26

30 1899.

Authorizing Act.

United States notes
Old demand notes

Bank

National

Feb. 25 1862; July 11 1862; March 3 1863
July 17 1861; Feb. 12 1862

1

;

$346,681,016 00
53,847 50

notes

Redemption account. July 14 1890
Fractional currency

Mar. 3, '63; June 30,
Act of June 21,'79

July 17,

'62;

35,817.381 50
'64,

$15,257,342 66; less

1,

375,934 estim'd as lost or destroyed,
6,881,408 66

Aggregate June 30 1899 of debt bearing no interest

$389,433,653 66

The foregoing shows that the Government debt on June 30 1899 was made up of (1) interest-bearing debt, $1,046,048,750, of
(2) debt on which interest has ceased, $1,218,300 26, of (3) debt bearing no interest, §389,433,653 66, making total gross debt,
subtracting from the total the net cash balance in the Treasury ($281,380,468 73) at the same date (June
$1,436,700,703 92
;

the net debt as it stood at the close of the last fiscal year, $1,155,320,235 19. To bring down the interestbearing debt to April 1 1900— which, as stated, was $1,046,048,750 on June 30 1899— we must add the $108,024,800 Loan
from the Ten-Twenties of 1898 $29,984,080, from the Funded Loan of 1907,
of March 14, 1900, and deduct the following
$71,126,600, from the Refunding Certificates $2,030 and from the Loan of 1904, $.'6,'i98,700 (a net deduction of $19,186,610)
to reach the total of the interest-bearing debt April 1, 1900, which was $1,026,862,140.
For later and future details of the debt, see the same as issued every month in the Chronicle, the first or a later Saturday.
We now add, first, references to and citations from the laws which are the authority for the debt as it stands to-day, including
the new 2 per cent loan authorized March 14, 1900 second, the two tables on the next page, which exhibit all the particulars of the total debt of the United States on June 30 of each year from 1876 to 1899, and on April 1,1900; third, the
Pacific Railroad bonds, which are never included in the Treasury debt statements.
"FUNDED LOAN OF 1891" (Column 1) 4Lj per cents, continued at 2 per cent. The bonds of this issue still outstanding were issued in
exchange for the 4*2 per cent funded loan of 1891 by mutual agreement between the Secretary of the Treasury and the holders, and were made
redeemable at the pleasure of the Government. Amount issued was $25,364,500 and they are all outstanding to-day.
" FUNDED LOAN OF 1 907 " (Column 2) 4 per cents. The act of July 14, 1870, authorized the issue of 1,000 million dollars of bonds at 4
per oent, payable in 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
Outstanding (April 1 1900),
not less than par in coin, and proceeds to be applied to the redemption of outstanding 5-20s, par for par.
30 1899)

we have

:

;

$488,525,700.

"

REFUNDING CERTIFICATES"

(Column 3).— Act of February 26 1879 authorized the Secretary of the Treasury to issue in exchange
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 abt; the money so received to be applied
only to the payment of the bonds bearing interest at a rate not less than 5 per cent. On March 12 1879 the issue of these certi flcates and their
exchange into 4 per cent bonds were authorized; the certificates were to draw 4 per oent interest from April 1 1879 and were converti >,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 $12,848,210. Ou 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 1900 a total of $35,800.
for lawful

money

"LOAN 0^ 1 904."— (Column 4.) The act of January 14 1875 authorizes the Secretary of the Treasury to use any 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 1S79 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
than fifty dollars. Under this authorization, and for the purpose mentioned, there were issued in February, 1894, payable in 10 years, $50,000,000 of 5 per cents and in November 1894 there were issued $50,000,000 more for similar bonds for the same purpose. There are now outstanding $73,901,300.
" LOAN OF 1925."— (Column 5.) Sales of bonds included under this designation wore effected (1) in February 1S95 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 -\ L895 (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 arrangement 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 Tinted
States, which 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. Such 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 fy p. c. per annum. At least one-half of thegoldtobeobtainedlstobe supplied from abroad. Section 3700 of the Revised Statutes is as fo lo
"Sec. 3700. The Seoretary of the Treasury may purchase 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 doem most advantageous to the public interest."
For a construction of the "Refunding Act of 1870" and of the " Resumption Act of 1875," see Chronicle, February 13 1893, page 265.
The issue in February 1896 was an ordinary offering, open to all bidders, of $100,000,000 of the same bonds as the foregoing — same in
date, same in time of maturity, same in rate of interest aud time of interest payments. Consequently both issues are oalled the "Loan of 1925,"
of which there are outstanding $162,315,400.
" TEN-TWENTIES OF 1898."— (Column 7.) The bonds inoluded under this head are an issue of $200,000,0003 per crmts. Thpy were
auth rized by Act of June 13 lr<93, and are known as the " War loan." The law provided that in allotting said bonds the individual subserlptions°of the lowest amount must be first allotted. On the day the Act was signed a Treasury oircular was issued (see circular in Chronicle of
June 18 1898, page 1168.) inviti»g subscriptions for 32 days, from June 13 to July 14, for the amount of bonds stated, in both coupon and registered form, ooupons in denominations of $20, $100, $500 nnd £1,000, and registered In denominations of same amounts, and alio in $5,000 and
$10,000, dated 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 oiroular for further details. Subscriptions reached the amount of $1,325,000,00 J. The amount now outstanding (April 1
1900)

is

$168,691,040.

SWE

MJB

SUffl£M£NT.

CITY

LXX

Vol.

LOAN OF MARCH 1 4, 1 900."— (Column 9.) Bonds (2 per cent payable at the pleasure of the Government after 30 years) authorized
to detlne and fix the standard of value, etc. (for copy of Act see Ohroniclk, narch 3, 1900, page 411), for the purpose of refunding
outstanding
United States bonds bearing interest at 5 per cent payable Feb. 1, 1904 (2) bonds bearing interest at 4 per cent payable July
(1)
1, 1907, and (3) bonds bearing interest at 3 per cent payable August 1, 1908 (the " ten-twenties of 1898").
For details of arrangement pee
Secretary Gige's circular with reference to the operations for carrying out the refunding provisions of the bill in Chkonicle, March 17, 1900,
page 509. Of these 2 per cents there were outstanding April 1, 1900, according to debt statement, $108,024,800.
"

in

"Act

-

'

;

In April, 1895, 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.

We

PRINCIPAL OF THE PUBLIC DEBT OF THE UNITBD STATES FROM JULY
4.

3.

1.

Year.

" Funded Loan " Funded Loan
o/ 1891, M 4*2 P.
of 1907," 4
Per Cents.
0. Oontin'd al 2.

*
1876, July 1

" Refunding

"

5.

Loan of

"

6.

Loan of

4 Per Cents.

Oents.

Fund," 3
Per Cents.

Cents.

$

Maximum

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
1,367,000 00
00 737,980,800 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

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

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

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

25,364,500
25,364,500
25,364,500
25,364,500
25.364,500

00
00
00
00
00

00
00
00
00
00

47,140
45,130
41,520
37,830
35,8"0

00
00
00
00
00

1891
1892
1893
1894
1895

.

.

.

.

.

1896
1897
1898
1899
1900. April 1.
J

Continued at

3^

559,636,850
559,640,100
559,646,050
559,652,300
488,525,700

per cent.

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

100,000,000 162,315.400
100,000,000 162,315,400
100,000,000 162,315,400
100,000,00()| 162,315,400
73,901,300 162,315,400

12.

D

bt on which In-\
terest has ceased,
i

1900, April

1.

!

$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
1,218,300
1,207,600

00
00
00
00
00

5

1

1304204350

193.678,720
168,694,640

00
00
00

1,639,567,750 00
1,463,810,400 00
1,338,229,150 00
1,226,563,850 00
1,196,150,950 00

\

t224,612,150
tl94,190,500
tl44,046,600
tl9,716,500

10»,024,8O

00

00

1,146,014,100
1,021,692,350
950,522,500
829,853,990
725,313,110

00
00
00
00
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
1,026,862,140

00
00-

00

00
00

Continued at 3 per cent.

t

11.

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

Total

636,219,950
J460,461,050
;32,082,600 >

7
9
"Loan of
"10-20s of
1898."
Mar. 14, 1900,
(War Bonds), 2 Per Cent.
Per
Cents.
3
31,157,700

PUBLIC DEBT OF THE UNITED STATES,
Year.

10.

and 7s

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

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

1890

1900.

Converted into Interest- Bearing
4 and 4 *2 P. Cts.
Debt.

1877
1878
1879
1880

.

1,

8.

" Nuvy Pension Old 6s

1904," 5 Per 1925," 4 Per

Certificates,"

TO APRIL

1876

1,

26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26

ETC. (Continued.)

13.

Debt bearing no

Outstanding Pnn-

Interest.

Cival.

$437,125,796 89
435,191,431 84
363,231,082 27
362,150,091 78
353,826,945 37
353,847,504 32
353,787,958 77
353,740,691 81
353,719,517 31
353,603,141 88
397,692,548 52
353,685,110 37
353,660,467 32
353,654,148 97
353,648,559 47
393,662,735 35
380,403,635 37
374,300,605 87
380,004,686 42
378,989,469 99
373,728,570 14
378,081,702 64
384,112,912 64
389,433,653 66
390,979,613 41

$2,151,713,667
2,163,728,792
2,163,561,292
2,196,809,422
2,085,441,500
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

15
10
53

04
63
58
03
07
57
14
78
63
58
23

73
61
63
13
68
25
1,222,729,350 40
1,226,793,712 90
1,232,743,062 90
1,436,700.703 92
1,419,049,353 67

1,005,806,560
968,218,840
961,431,766
1,016,897,816
1,096,913,120

Cash in
ury

14.
the Treas-

15.
lotul Debt less Cash

in Treasury.

nilij 1.

$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 75
161,019,431 92
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
306,792,995 55

$2,060,925,340 45
2,019,275,431 37
1,999,382,280 45
1,996,414,905 03
1,919,326,747 75
1,819,650,154 23
1,675,023,474 25
1,538,781,825 15
1,438,542,995 39
1,375,352,443 91
1,282,145,840 44
1,175,168,675 42
1,063,004,894 73
975.939.750 22
890,784,370 53
851.912.751 78
841,526,463 60
838,969,475 75
899,313,380 55
901,672,966 74
955,297,253 70
986,656,086 14
1,027,085,492 14
1,155,320,235 19
1,112,256,358 12

Note 1.— The annual interest charge is computed upon

16.
Interest

Annual

Charge.

00
50
50
50
00
75,018,695 50

$96,104,269
93,160,643
94,654,472
83,773,778
79,633,981

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
37,458,766

the amount of outstanding principal at the close of the fiscal year, except
which the total is of that date, and is exclusive of interest charge on Paciflo Railway bonds.
Note 2.— The figures for JiDy 1 1879 were made up assuming pending funding operations to have been completed.

75

50
50
00

00
50
25
60
15
80
20
00
60
40

60
2'*

80
60
20

in the case

of April 1, for

Pacific Railroad Debt.— One other class of bonded debt must be referred to which has never been included in the
Government debt we mean the Pacific Railroad subsidy debt. To show the situation of this indebtedness we
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.

—

total of
have to

BONDS ISSUED TO PACIFIC RAILROADS—THEIR STATUS APHIL

of Railway.

Bonds

Xtt Interest
Paid by
Covernment.

Issued by
Government.

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

Totals

9
00
00
00
00
00
00

64,623,512 00

36.604.385 29
6,(07,458 34

31,211,71175
2 1 52.348 94
3,453,102 86
2,575,450 71
1

82,604,455 89

1900.

Repaid by Companies.

Railroad Liability.

Name

1,

Through
SinKing Fund.

Total.

$

$
62,489,505
12,910,458
58,448,223
3,752,346
5,423,662
4,203,770

29

34
75
94
86

9,100,452 55

18,194,618 00

Settlement with

Covernment.

$

Total.

$

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

62,489,50- 29
12,910,458 34
58,44 8,223 75

5,423,662 86

5,423,662 86

$

3,752,346 94

71

147,227,967 89

Balance Due
United States.

4,203,770 71

27.295,070 55

111,976 779 69

139,271,850 24

7,956,117 65

Government accepted principal of bonds— $6,303,000—in full payment of all indebtedness; but subsequently received an additional
$821,898, 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, amounting to $6,303,000
quently under the final decree for the distribution of the assets of the Union Paoific Railroad, made by Judge Sanborn at St. Paul, October 24,
agreement
additional
settlement
of
Feb.
an
claim.
Under
twenty
$821,898 on its
1, 1899,
notes of the
1899, the United States received
Central Pacific Railroad Company were delivered to the Treasurer of the United States, aggregating $58,812,715 60. whicli amount represented
companies
Railroad
the
the
to
United
indebtedness
of
Central
Pacific
and
Western
Paciflo
States
on
February 1,
ihe
total
the unpaid balance of
1899. On March 10, 1899, in pursuance of agreement, the first four of said notes, aggregating $11,762,543 12 (with accrued interest amounting to $35,771 02) were transferred in consideration of a full cash payment into the Treasury of tli# principal and interest thereon; another
note wh'ch, with interest, amounted to $2,946,194 79 was paid in February, 1900, leaving the balance unpaid March 31, lv 00, $44,109,536 70,
and accrued interest, less transportation earnings.
*

Debts and
of*

Resources
t:e_::e]

#M

C'TIE
zisr

NEW

ENGLAND.

INDEX FOR THE
MAINE-State,

&c
HAMPSHIRE-State, Cities, &c
VERMONT— Srate, Cities, &c

NEW ENGLAND

Pages

Cities,

7 to 10
]

NEW

Pages 10

to 13
|

Pages 13 to 15

STATES, CITIES,

Etc.

MASSACHUSETTS -S'ate. Cities, &c
RHODE ISLAND— State, Cities, &c
CONNECTICUT -State, Cities, &o

Pages 15 to 30
Pages 30

to 32

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, RESOURCES,
Admitted as a State (Act March

Etc.
-

1820)

3,

_____

Total area of State (square miles)
State Capital

March

-

15, 1820

33,040

Augusta
Governor(term expires 1st Wed, Jan., 1901), Llew ellyn Powers
Secretary of State (term expires *Jan., 1901), - Byron Boyd
Treasurer (term expires *Jan., 1901), Francis M. Simpson
Legislature meets biennially in odd years on the first Wednesday iu January, and there is no limit to length of sessions.
*

Is

_

chosen by Legislature.

HISTORY OF DEBT.— For history of Maine State debt up to
1889, see State and Citt 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.

Interest.

Reissue Loan, 1889 "A."
Original, 1864.

Do

Class " B."

Do

Class "

Do

Class "D."

Class " C."

Do

Class "D."

Outstand'g.
Principal.
Due,

1, 1900-1901
$33,000 yearly.
1, 1902-1911
& D; June
$50,000 yearly.
1, 1912-1921
& D*'June
$50,000 yearly.
1, 1922-1929
& D' June
$35,000 yearly.
& O ( Oct. 1, 1900 to 1901
$17,000 yearly.
I
n 5 Oot. 1,1902 to 1911
& u
$20,000 yearly.
*
r. J Oct. 1, 1912 to 1921
& u
$28,000 yearly.
I
n 5 Oct. 1,1922 to 1929
_ u
$3,000 yearly.
\
& D
June 1, 1919
& J
July 1, 1917
& J
July 1, 1917

Bonds to State College.
do

Bond to Insane Hospital.
Loan of 1869, not presented
Temporary war loan, 1899

When

$66,000

i

C

Do

do

,

-

& D J June

J

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

Do

—

Rate. Payable.

for

500, 00

500,000
280.000
34,000

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

payment

700

50,000
Oot., 1901
July,1901
100,000
.. Feb., 1901
100,000
100,000
March, 1901
chiefly for $1,000 or multiples.
INTEREST is payable at the State Treasury, Augusta, Me.
TOTAL DEBT.— The subjoined statement shows Maine's total fund"
«d debt on eaoli of the dates named. On January 1, 1900, the total re-

1900
Temporary loan, 1899
1900
do
do
PAR VALUE.—The bonds are
,*-do

do

sources of the State amounted to $1,242,290 78.
Jan. 1, 1900. Jan. 1, 99. Jan. 1, '98. Jan. 1, '97.
Bondeddebt
$2,153,000
$2,203,000 $2,253,000 $2,303,000
Temporaryloan
350,000
Nil.
150,000
200,000
ASSESSED VA LU AT ION. —Valuations are taken only in even years
Assessed Valuation.
State tax
Real.
Tears.
Personal.
per $1,000
Total.
1998
$260,841,021
$68,675,223
$329,516,244
$2 7")
18'.>6
257,389,047
2.5
71,111.947
328,500,994
2-50
1894
249,629,509
74,848,812
324,478,321
2-75
1892
236,135,199
78,194,982
314,330,181
POPULATION OF STATE.—The following statement shows the
population by Census periods since 1790
1890
661,086 1850
583,169 1810
228,705
1880
648.936 1840
151.719
501,793 1800
1870
626,915 1830
39y,455 1790
96,540
I860
628,279 1820
298,269
.

.

I

I

I

I

|

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 Ave per oentum 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, Publio Laws 1893, Chapter
170, and Revised Statutes, Chapter 47, Sections 102 and 103.
All the provisions referred to above have been compiled by the Commissioners of Savings Bank s, and we give their compilation below in
full.

Maine Savings banks and i nstitutions for savings are restricted to
and hereafter may invest their deposits la manner following, to wit:

Public Fund*.— Aggregate 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 States 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 exeeed five per cent of the last valuation of the
property therein for the assessment of taxes.
For meaning of "net municipal indebtedness of comities" se memo-

randa "A" further beloic.
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 taxable propertv therein, except when issued
in aid of railroads, provided the net municipal indebtedness of such
does not exceed Ave per cent of the last preceding valuation of
the property therein for the assessment of taxes.
For meaning of "net municipal indebtedness of cities" see memo-

oities

randa "B" given bcldkc.
Bonds of the above-desoribed cities and counties issued to take up at
maturity bonds that were legal and constitutional when issued, proriding the interest has been fully paid on the original bonds for at least
last prior to such refunding, provided the net municipal indebtedness of such cities and counties does not exceed Ave per cent of
the last preceding valuation of the property therein for the assessment

Ave years
of taxes.

Bonds and obligations of School District Boards, Boards of Educaand other corporate bodies within said cities authorized to Isfuc
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" fee memoranda •' B" below.
Bonds of cities and districts in said States having a population of
sevent.v-Ave thousand or more, when issued tor municipal purposes
and which are a direct obligation on all the taxable property therein.

Investments Unlimited. —
Railroad bonds of Maine but no bonds of street railroads excepting
those already constructed in tins 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, lu cash, and expended upon

Railroad Bonds.— Aggregate of
;

SW£

8

fkHV>

G1TY SUf TltWtWT*

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.

First 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
mortgage debt shall have been paid in, in cash, and expended upon
the road, evidenced by a certificate of the railroad commissioners of
the State where the road is located, filed in the office of 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.
First mortgage bonds of the Central Pacific, Union Pacific and
Northern Pacitio railroads.
Mortgage 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.
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 Bond*.— Aggregate of Investments
Bonds

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.
Bank Stock. —Aggregate of Investments Unlimited. —
Stock of any bank or banking association incorporated under auof

thority of this State.
Holdings of the capital stock of

any one

batik limited.

See

165, Public Laics, 1889.
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.

The trustees

bonds.

Holdings of the capital stock of any one corporation limited. See
memoranda "E."
Corporation Stock .—Aggregate of Investments Unlimited.
Stocks of 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.
Holdings of the capital stock of any one corporation limited. See
memoranda "E."
Real Estate Investment.— Wol Exceeding Five Per Cent of Deftosits.— Real Estate in the city or town in which such hank or instituis

located.

Real Estate Foreclosure.—Holdings

Acquired by Foreclosure,
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.
Loan* 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 any one corporation 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 xtocK,—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 Other Personal Property.— Aggregate Unlimited.—
Notes secured by a pledge or mortgage of such other personal property as, in the judgment of the trustees, it is safe and for the interest
of the bank to accept.
Loans 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
in banks or banking associations incorporated under authority of this
State or the laws of the United States and receive interest thereon.
<£c.

—

•

MEMORANDA.
A.
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

From Chapter

161, Public

Laws

such debt.

C.

The number 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
such county.
D.
A 11 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 47, Section 102, Revised Statutes.
No such bank or institution shall hold by way of investment or as security for loans, or both, more tnan one-fifth of the capital stock of
any corporation, nor invest more than ten per cent of its deposits, not
exceeding sixty thousand dollars, in the capital stock of any corporation.

H.

From Chapter 47,

Section 105, Revised Statutes.
Officers Not to Receive Gift, Fee, <£-c. 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 party 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

47, Section 131, Revised Statutes.

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 forcewhen such investments were made.
K.
Change of Investments.—An& 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 Authorized, 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.
Holdings of the capital stock of any one corporation limited. See
memoranda "E."
Stock 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

LXX

From Chapter

mem-

oranda "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 stock of any one corporation limited. See

ion

Vol.

Counties and Towns

Cities,

IN

THE

STATE OF MAINE.
Note.— For places not given in alphabetical order among the fol~
lowing, see "Additional Statements' at end of this Stale.
'

AROOSTOOK
County
seat

is

CO.- -L.

0.

Ludwig,

Treas.

Houlton.

When Due. Total debt Jan.

LOANS—

1,

1900... $813,500

Refunding Bonds—

Sinking fund
734,651
78,84&
Aug. 1, 1919 Net debt Jan. 1,1900
, $19,000
Interest is payable in Boston.
Court House—
June 1, 1915 Taxvaluation-1898... 17,702,695
4s, J&D, $40,000
Assessment about ^ actual value.
Railroad Aid (B. & A. RR.).
4^8, M&S, $5 00,000.. Sept. 1, 1912 Tax rate (per $1,000) 1899. .$3-55
49,589>
4^8, J&J, (228,000.. July 1, 1915 Population in 1890 was
Bonded debt Jan., 1900. .$787,000 Population 1897 (local est.) .60,000
26,500
Floating debt

A TRJ TR
AUDU
T

L^
Jr*-1ST

Auburn

is

in

5
I

p

-

H

-

E. G.

WILSON, Mayor.

EVELETH,

Treasurer.

Androscoggin County.
City Bonds- Cont'd.
July 1. 1910
J&J, $13,000
July 1. 1911
J&J, 13,000
Jan. 1. 1912
J&J,
4,000
July 1, 1912
J&J,
7,000
June 1, 1923
J&J, 16,000
Jan. 1,1925
J&J, 14,500
City Water Bonds—
July 1, 1905
?s, J&J, $58,700
May20, 1913
4s, J&J, 30,000

When Due.

LOANS—

City Bonds—
4s, J&J, $15,000
4s, J&J, 15,000
4s, J&J, 15,000
4s, J&J, 25,000
4s, J&J, 23,500
4s, J&J, 15,000
4s, J&J, 18,000
4s, J&J, 10,000
4s, J&J, 14,000

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

July 1,1917
July 1, 1900
Jan. 1,1902
July 2,1903
.July 1,1904

1,1905
1,1906
1,1907
1,1909
ETC.— Auburn's total bonded debt Jan. 1,1900,
TOTAL DEBT,water
debt, was $218,000; floating debt additional,
not including the
$107,000; sinking fund assets, $75,000; net debt, $250,000; city water
debt, $88,700; Water Commissioners' bonds outstanding, $226,000;
value of water works owned by the city, $500,000.
ASSESSED VALUATION.—In 1899 the assessed valuation of real
estate and personal property was $6,425,000; in 1892 it was $6,287,
460. Tax rate (per $1,000) for 1899 was $22-50.
POPULATION.—In 1899 the population was about 12,000; in 1890
in 1870 it was 6,166.
it was 11,253 in 1880 it was 9,556
July
July
July
July

;

;

AUGUSTA— samuel w
Kennbec County.

Refunding Bonds—
5s, F&A, $9, 000.... Feb.
Maverick National Bank

BANGOR.— H.
Bangor

15,

(City) is in

1902

. .

the 4 per cents payable at the
of Boston, and of other bonds at City Treasury.
all

0. Pierce, Treasurer.

Penobscot County.

LOANS—

'

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

—
M&N
M&N
J&J

-Principal.Outstand'g.

Interest.

P. Ct. Payable.

4
4

When Due.
Nov.
Nov.
July

2, 1912
1, 1914
1, 1905
July, '04-' 10

$50,000
100,000
500.000
3ifl
J & J
70,000
206,691
BONDS.—The water bonds are for $500 and mul-

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

PAR VALUE OF

Float, debt (since funded).. 40,000
Total valuation 1899.... 7,033,261
$23-00
Tax rate (per M.) 1899
Population in 1890 was..
10,527

July 1,1900

and principal of

INTEREST

in

Refunding Bonds— Con.
F&A, $182,500
Feb.,'97-'17
1898-1905 Bonded debt July 20, '99. $293,300

J&J, $74,500
3^8, M&S, 40,000... 8ept. 1,1924
6,000

is

4s,

6s,

J&J,

This city

When Due.

LOANS—

Funding Bonds—

4s,

LANE, Mayor.

6

tiples; others, $1,000.

TAX EXEMPT.—The bonds of

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

TOTAL DEBT, SINKING FUND, EtcJan. 1,1900.

Apr. 1, 1899.
$976,691
$934,191
570,000
500.000
206,691
206,691
50,000
77.500
Bangor's assessed valuation (about 4-5
ASSESSED VALUATION.—
actual value) and tax rate have been as follows

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

ivwfl£-am£s awb
Rale
Tax
HALLOWELL.{g;
Valuation
per
Kennebec County.

1900.

April,

Years.

Real

Pergonal

Estate

Property.

Total

$14,409,534
$2250
$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
2250
10,310,118
3,158,288
22-50
9,629.920
2,858,872
POPULATION —In 1890 the population was 19,103; in 1880 it was
16,856; in 1870 it' was 18.289; in 1900 it was estimated at 24,000.
1899
1898
1897
1895
1890
1887

T-,
-t>

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

....

A

A n-,rr
1 rl.

Bath

Is

—

E. HYDE, Mayor.
ROGERS, Treasurer.

?

CHARLE8

\

o. O.

a shire town of Sagadahoc County.

LOANS—

Interest.

—When —Principal.
Due,
Oulstand'ff.

-

.

P. Ot. Payable.

NAME and PURPOSE.

July 1, 1907
$100,000
Municipal bonds
4^ J & J
5 June 1,1921
374,200
J & J
refunding. 4
do
\Opt. 1901-'ll
1908-1978
14,000
J & J
6
Old Ladies' Home
Railroad Aid Bonds—
Feb. 1, 1902
138,500
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, ElCFeb. 1,1900.

Feb.1,'98.

Fefc.1,'97.

$776,100
20,000

$856,350

6,000

$642,450
26,500

$632,700
Total debt
Assets (see below).... 244,800

$668,950
249,800

$796,100
376,800

$866,350
452,800

Bonded debt

$626,700

Floating debt

Feb.

1,'

99.

10,000

$419,150
$419,300
$413,550
$387,900
Net debt
The assets as above given included on Feb. 1, 1900, bonds received
from the Penobscot Shore Line RR. Co. for lease of Knox & Lincoln RR.
and held for the redemption of the Knox <fe 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

over $150,000.

is

ASSESSED VALUATION, TAX RATE,

S AFFORD, Mayor.
Treasurer.

of
$1,000.

This olty

is

in

When

LOANS—

Total debt Mar. 1, 1899.
$70,000
500
Binking fund
69,500
Nov. 1, 1903 Net debt Mar. 1,1899...
4s, M&N, $5,000
1,482,780
($1,000 due yearly) to Nov. 1, 1907 Tax valuation 189;».
Assessment same as actual value.
Refunding 1893—
4s, M&N, $15,000.Nov., 1908 to '22 Total tax (per $1,000 )'99..$1900
Population 1890 was
3,181
Water Bonds—
3,500
4s, J&J, g., $50,000... Jan. 1, 1918 Population 1898 (est.)
The city owns property valued at $50,000.
INTEREST on the $5,000 4 per cent school bonds and refunding
bonds is payable in Boston and Hallowell.

Total Tax
Assessed Valuation
Total.
Personal.
per $1,000
Tears.
$23-50
$2,338,917
$5,900,557
...$3,561,640
1899
23-50
2,299,958
5,802,048
1898". ...3,502.090
1897*"
22-50
5,879,350
2,376,340
.... 3,503,010
23-50
1890
3,102,594
6,028,364
2,925,770
2500
3,881,469
6,575,216
1880.'
2,693,750
POPULATION.— In 1890 was 8,723 in 1880 it was 7,874.
,

Due-

School Bonds—

HOULTON.— This town
LOANS—

is in

;

BELFAST.— L.

56,000
Net debt Mar. 1,1900
Assessed valuation, real. 1,455,581
4s, M&N, $4,000. Nov., 1900 to '03 Assess'd valuat'n, pers'l. 718,655
School, Bridges, Town Imp. Bds. Total valuation 1899.... 2,174,236
Apr. 1, 1917 Assessm'tabo't 75 p. c. actual value.
4b. A&O, $20,000
Taxrate (per $1,000) '99... $22-00
Refunding Bonds—
4,015
Oct. 1, 1918 Population in 1890 was
4s, A&O, $10,000
Bonded debt Mar.l, 1900.. $70,000 Population 1900 (estimated). 5,300
Subject to call after Dec. 15, 1900.

School Bonds—

LEWISTON.-W.

E. Webster, Treasurer.

This city is in Androscoggin County.
Railroad Aid Bonds—
When Due.
LOANS—
4s, J&J, $100,000
July, 1913
City Bonds—
July.1923
6s,
J&.T, $185,000... July 1,1901 4s, J&J, 100,000
4s,
J&J, 100,000... Jan. 1,1913 Bonded debt Mar. 1, '98 $990,000
Floating debt
220,750
Refunding Bonds—
July 1, 1924 Total debt
1,210,750
4s, J&J, $80,000
226,474
Jan. 1,1930 Sinking fund
4s, J&J, 51,000

Tax valuation 1899.... 12,625,796
Water Bonds—
A&O, $174,000.... Oct. 1, 1907 Assessm't abt. 75 p.c. actual value
A&O, 200,000. .Oct. 1, 1917 Tax rate (per $1,000) '98... $22-00
Refund'g 4s, A&O, 100,000.-1927 Population in 1890 was.... 21,701
. .

Population '98 (estimated). .24,000

This

LOANS-

$2,736,913

Assessment about actual value.

M&N, $113,000... Nov. 1, 1925 Total tax (per $1,000) '99.. $17-00
5,294
Subject to call after Nov. 1, 1905 Population 1890
5,300
4s, F&A, $478, 000.. Aug. 15. 1918 Population 1899
Total debt Feb. 1, 1900. .$591,000
Belfast owns $500,000 of Belfast & Moosehead Railroad stock, of
which 1,396 shares were preferred and 3,604 common.
INTEREST on the bonds is payable at Belfast and at the First
National Bank, Boston, Mass.

4s,

.

BIDDEFORD.— Chas.
in

is

LOANS—

t^it

.

4s,

4s
4s
4s
4s

..

,

4s,

4s

A.

Moody,

Treasurer.

YorK County.
When Due. Bonded debt Feb.

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

is

1900 $240,000

1900 Floating debt
157,800
1901 Total debt Feb. 1,1900.. 397,*00
1904 Total valuation 1899.... 6,653,582
1905 Assessment abt. 60% actual value.
1906 Tax rate (per $1,000) 1899. .$2500
1907 Population in 1890 was
14,443
1915 Population in 1900 (est.)... 16,000
1917

County.

in

When Due. Various loans

LOANS—

Town Hall Bonds—
J&J, $24,000

1900-1923

4s.

J&J, $29,000

1900-1928

School Bonds—

INTEREST

is

$24,612
debt Feb. 1, 1900 .
77,612
Total valuation 1899.
3,420,355
Assessment about aotual value.
Taxrate (per $1,000) 1899.. $15-00
Population 1890
6,012

Town

4s,

. . .

payable in Boston.

BUCKSPORT. —This town

is in Hancock County.
When Due. Tax valuation 1899
$932,381

LOANS-

Refunding RR. Bonds—

Total tax (per $1,000) '99 ..$26-50
1899-1933 Population in 1890 was
2,921
3,047
$105,360 Population in 1880 was
A certain amount of the above bonds becomes due eaoh 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.

J&J, $105,360
Town debt 1899
4s,

S. Tarbox,
CALAIS.— OliverCounty.
This city

is

in

When Due. Floating debt

$34,606
154.606

,

Bond, debt Mar. 23, 1900. $120,000 Population in 1898 (estim'd). 8,000
INTEREST on the loans due In 1900 and 1911 is payable at the
Globe National Bank of Boston other interest in Calais.
;

rvr-TTTTD Tl\rr^
vj.
a-»i_i_jr».ii.>

In February, 1899, this city was annexed to the
olty of Port i alld( W hich see.

ELLSWORTH.—
Arthur W.
Hancock County.
This city

is

Greeley, Mayor.

in

LOANS^
War Debt—
$28,000
13,300
4s
17,000
Outst'ding notes

When Due.

I

|

Total debt Feb. 12, 1900. $85,701
Uncollected taxes & cash. 23,950
Total valuation 1899
1,823,052
Tax rate (per $1,000) '99. ..$2400

June 1, 1917
Junel, 1907
Junel, 1912 Population

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

1

|

&

orders.$27,401

July

|

Floating debt
Total debt, 1899

nnnTT
a
1
LJJt-C

in

1,

is

1890 was

Penobscot County.

in

Tax
1918 Tax

$60,600
17,778
78,378

valuation, real
$1,350,279
valuation, pers'l.
103,170
Total valuation 1899 . 1,453,449
'99.
Tax rate (per $1,000)
.$31-00
Population in 1890 was
5,312
. .

. .

.

FRANK W. ROBINSON, Mayor.
a TS.TTA
AINU.
— GEORGE
H. LIBBY, Treasurer.
5

l_i

I

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

LOANS—

NAME. AND PURPOSE.
Funded, 1893

—

Interest.

Principal.
Outstand?

,

>

4,804

,

When Dye.

P. Ot. Payable.

M&
J&J
M&S
M&S
M&S
M&
J&J

4
8 Mch. 1, 1913 g$75,000
July 1, 1912
c&r 4
727,000
Subject to call July 1, 1902.
Funding, 1894
4
Mch. 1, 1914
g64.000
do
1896
Mar. 1, 1916
4
48,000
Portland & Ogdensburg RR... 6
Sept. 1, 1907 1,200,000
Refunding 1895
S Mar. 1, 1905 glOO.OOO
4g
do
1897
4
July 1, 1912
g450,000
Trust funds
4s&6s
87,083
Bonds matured, not presented for payment
2,000
City of Debring Bonds- Annexed Feb. 6. 1899.
When Due.
High School Bonds—
LOANS—
Town of Deering Bonds
4s, $16,000
Feb. 1, 1913
4s, $6,750
June 1, 1907 4s, 20,000
May 1, 1918
4s, 17,0f>0
Feb. 1,1909 4s, 19,000
Junel, 1919
4s, 5,000
Aug. 1, 1910
Forest Ave. Bonds—
4s, 5,000
Sept. 1, 1910 4s, $15,000
Dec. 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 4s, 11,500
April 1,1917
4s, $20,000
June 1,11917 4s, 6,000
June 1,1918
INTEREST on aU the issues except the registered bonds is payable in Boston at the National Bank of Redemption and at the Merchants' National Bank in Portland.
TOTAL DEBT, SINKING FUND, ETC.-The subjoined statement
shows Portland's total bonded debt and the sinking fund, etc.
Mar. 7, 1900.
Apr. 1. '99.
Fe&l,'98.
Total debt
$2,986,198
$2,998,083
$2,716,383
Sinking fund and trust funds.. 1,658,449
1,615,176
1.499,590
Net debt

$1,382,907

$1,216,793

city's available assets,

amounting to

$1,327,749

AVAILABLE ASSETS.—The

companv

stock, $170,000

densburg Railway stock, $1,178,055.

Total debt Mar. 23, 1900
Loans of 1890 & '91—
Aug. 1 1900 Tax valuation 1899
2,898,936
F&A, $9,000
1911 Assessment about \ aotual value.
J&D, 101,000
Tax rate in '99 (per $l,0OO).$23 50
Optional after 1901
July 1, 1915 Population in 1890 was
7,290
4s, J&J, $10,000
4s,
4s,

$14,500

$1,015,176, include gas

Mayor.

Washington

LOANS—

This city

Funding,1887

1,

John P. Winchell, Treasurer.
BRUNSWICKCumberland
town
This

OLD TOWN,
4s,

Tax valuation 1899

Bonds are not taxed.

water works, valued at $595,934.

Bonded debt

Refunding Bonds—

This city

INTEREST 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

Refunding Bonds—

H. Murch, Clerk.

Waldo County.
When Due.

in

city Is

$4,0<vi

Total debt Mar. 1, 1900. .. 74,000
School and RR. Bonds—
Sinking fund, cash, etc.... 18,000
4s, J&D, $40,000 ....Dec. 15, 1910

Real.

'

Aroostook County.

When Due. Floating debt

5s,
5s,

ETC-

T1LDEN,

and Portland & Og-

ASSESSED VALUATION—The city's assessed valuation (about 80
per oent of oash value) and the tax rate for a series of years have been
Real
Total
Rate of Tax
Personal
Tears.
Estate.
Valuation, per $1,000.
Proper tu.
1899
21-00
•44.033,422
*$30,534,120
'$13,499,302
1898
2100
26,448,850
12,659,700
39,108,550
20-80
1897
39.312,261
26,182,075
13,130,186
-2000
1895
37.207.0J5
24,974,900
12,232,125
1890
19-70
35,611.990
23,184,400
12,427,590
1888
2000
22,120,000
32,702.405
11,952.405
* Includes city of Deering.
POPULATION.— In 1890 was 36.425; in 1899 (estimated), 55,000

ROCKLAND.—
Edwin- Spragfe.
Knox

This city is in
Countv. Bonds of this city are not taxed.
will hereafter be issued for refunding only.

LOANS—

City
4e,
48,

Bonds—

When Due.

J&J, $45,000 .July 1, 1900
J&J,
48,550.. .July 1,1911
Optional at any time.

LOANS—
City

Bonds— (Con

3*flS..KW,

3^s, .TAJ.
3>«8,

J&J,

4s, overdue, $2,000,

SJflS,

.TAJ,

3»as,J&J,

3^8, J*J,

not presented
18,300... July 1,1901

Bonds

Whtn Due.
)

927.600. .July 1. 1903
12,400. .Julv 1, 1904
14,400. .July 1, 1905
24.100. .July 1, 1906
13,000. .July 1,1907

10

STATE AND CITY SUf ft£M£NT,

LOANS—

Citt

SJflB.J&J,

S^s.J&J,
3hiS,

TFften

Due

Floating debt
Total debt Feb. 12,1900

Bonds— (Con.)

J&J,

Sifl8,J&J,

S^s.J&J,

$28,000... July
21,500. ..July
25,000... July
13,000... July
16,800... July

$130,610
475,360
103,961
371,399

Resources
Net debt Feb. 12, 1900..
3.816,462
Assessed val.,real
Assessed val., personal 1,201,300
Total valuation 1899... 5,017,762
Assess't less than actual value.

1,1908
1,1909
1, 1910
1,1912
1,1915

Knox & Lincoln RR. Loan—

Feb. 1, 1902 Tax rate , 1899,(per $1,000). $2200
8,174
Population In 1890 was
payable In Rockland.
Bond.debt Feb.12,1900. $344,750
AVAILABLE ASSETS.— The city's total assets, as given above, for
February, 1900, Inoluded Penobscot Shore Line Railroad 1st mortgage
4 per cent bonds, due August, 1921, to the amount of $39,000.

6s,

F&A, $35,100

Interest

Is

Total
Debt.

Assessed
Valuation.

$

$

Towns—
Skowhegau, Somerset Co
Somerville, Lincoln Co
Thomaston (T.).Knox Co
Topsham, 8agadahoc Co
Turner, Androscoggin Co
Vassalboro, Kennebec Co

Vinalhaven, Knox Co
Waldoborough, Lincoln Co
Wiscasset, Lincoln Co
Yarmouth, Cumberland Co

Tax

Popu-

Rate,

lation.

$

1890.
5,068

2200
1580
1800
2200

3,009
1,394
2.016
1,436
2,052
2,617
3,505
1,733
2,098

14-40
38-20

21,794 3,023,53*
30,000
65,346
26,158 1,141,705
12,939
833,592
15.258
646,780
27,000
494,293
16,367
899,129
13,400
608,457
44,691
878,850
20,000
458,013
47,000 1,245,276

Union.KnoxCo

LXX

Vol.

11-20
23-00

2600
24-00
17-00

453

SACO.-F.
This city

is

in

B. WlGGIN, Treasurer.
York County. The bonds of this city are not taxed.

LOANS—

When

Interest is paid in Boston.
Total debt Feb. 1, 1900.. $142,000
Tax valuation 1899
3,851,746
Assess't about 23 actual value.
Tax rate (per $1,000) 1899. $2000
Population in 1890 was
6,075
Population in 1900 (est.)
6,200

Due.

General Expense—
4s,

1901

J&J, $16,000

Refunding Bonds—
1907
J&J, $25,000
1917
4B.J&J, 30,000
4s,J&D, 36,000..Dec.,1900to'23
4s,

Sewer Bonds—
1900
1909

J&J, $20,000
4s,J&J, 15,000
4s,

CO. — W.

WASHINGTON

New

Hampshire.
ITS

DEBT, RESOURCES, Etc

...

Admitted as a State
Total area of State (square miles)
State Capital

One

of Original Thirteen
9,305

Concord

Governor (term expires 1st Wed. Jan., 1901), Frank W. Rollins
Secretary of State j Chosen by Legislature; Edw. N. Pearson
term expires Jan., 1901. Solon A. Carter
When Due. Bond. debt. Jan. 1. 1900. $500,000 Treasurer - LOANS—
Tax valuation 1898... $13,205,839 Legislature meets biennially in odd years on the first
Wash. Co. RR. Bonds—
Wednes'99
$6-12
Jan. 1, 1916 State & co. (per $1,000)
4s, J&J, $25,000
Jan. 1, 1928 Population in 1890 was.... 44,482
4b, J&J, 475,000
day in January, and length of session is not limited.
Treasurer.

M.

County scats are Machias and

Nash,

Co.

Calais.

)

j

(Subject to call after Jan. 1, 1923) Population in 1897 (est.)... 43.000
NTEREST is payable at the Boylston National Bank of Boston.
I

W

AX7 A.
A TETDTT-TT
TT
1_H
1 JrLJrt V 1J_ T
1

J.

—

S

W.

\

p,

C.

PHILBROOK, Mayor.

AUGUST KNAUFF, Treasurer.

is in Kennebec County.
Assessed valuation '99.$4,902.767
Refunding Bonds—
3*28, M&S. $10,000. ..Sept. 1, 1924 Assessment about % actual value.
Bonded debt Jan.l, 1900 $230,000 Tax rate (per $1,000) 1899. $2300

This eity

Floating debt
Total debt Jan.

1,

1900..

W

31,778
261,778

1

Population 1890
Population 1899 (about)

7,107
9,000

—

< Dr. J VCOB L. HORR, Mayor.
ii.O 1 £5t\KjKj]f±.
$c. S. EASTMAN, Treasurer
Westbrook is in Cumberland County.
When Due. Bonded debt Feb, 1900.. $137,300
LOANS—
City Bonds—
Long-time notes
36,200
4s, ....,$8,300
1900 to 1903 Total debt Feb. 1, 1900. 173,500
4s, ..... 15,000
June 20, 1911 Tax valuation, real
3,161,840
Refunding Bonds—
Tax valuation, personal. 553,195
4s, J&D, $15,000.... Dec. 10, 1905 Total valuation 1899 ...3,715,035
4s, A&O, 20.000.... April 1, 1907 Assessment is abt. 65% actual val.
1909 Total tax rate (per M.) '99.. $1900
4s,
2,000
4s, J&J,
4,000
Jan. 5, 1910 Population in 1890 was
6,632
4s, J&J, 25,000
Jan. 1, 1915 Population in 1900 (est.)
7,300
4s, J&J, 20,000
Jan. 1,1917
June 1,1918
4b...... 24,000
INTEREST on the refunding bonds is payable in Boston, Mass on
all other bonds at Portland. Me.

ADDITIONAL STATEMENTS.
I_n the table following
divisions in the State of

we give statistics regarding all minor civil
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 1890.
Assessed
Total
Tax
PopuDebt.
Valuation. Bate.
lation.
Toicns—
1890.
$
$
$
14-25
10,000
Albion, Kennebec Co
327,913
1,042
Androscoggin County
57,271
48,968
32-50
Anson, Somerset Co
77,170
565,035
1,444
25-50
Avon, Franklin Co
10,000
126,788
439
17-00
14,019
Benton, Kennebec Co
386,870
1,136
1V40
Berwick, York Co
15,500
946,922
2,294
35,000
796,193
18 50
Bethel (T.), Oxford Co
2,209
40,566
757,476
Boothbay Harbor, Lincoln Co
1,699
Bremen, Lincoln Co
15,956
135,665
3000
719
22-50
Brewer, Penobscot Co
47,000 1,543,630
4.193
15-50
Bridgton, Cumberland Co
20,700 1,272,125
2,605
23-50
Brownville, Piscataquis Co
16,888
372,768
1,074
20-10
Camden (T.). Knox Co
27,700 1,691,580
4,621
Canton, Oxford Co
2900
38,930
327,515
1,303
22-50
Caribou, Aroostook Co
32,000 1,241,359
4,087
18-50
China, Kennebec Co
14,000
466,385
1,423
13-00
Cumberland, Cumberland Co
20,800
682,195
1,487
Cumberland County
74,380
- -90,949
28-50
Damariscotta, Lincoln Co
32,749
409,680
1,012
Dixfield, Oxford Co
11,500
296,220
2100
988
25-00
Eastport, Washington Co
50,500 1,730,796
4,908
Embden, Somerset Co
21,881
262,501
43,623 1,273,770
Fairfield, Somerset Co
18 00
3,510
26-25
Foxcroft, Piscataquis Co
50,000
555,800
1,726
Gardiner, Kennebec Co
91,811 3,504,500
5,491
Hartland, Somerset Co
24 ,000
349,099
974
19-00
Hollis, York Co
21,335
364,012
1,278
10,198
Industry, Franklin Co
9; ,955
3000
545
30,000 26,961,384
Kennebec Co
26,961,384
57,012
Kennebunk, York Co
27,198 2,049,856
1600
3,172
17-30
25,000 1,182,950
Kennebunkport, York Co
2,196
Kingman, Penobscot Co
14,546
147,938
3000
671
11,219 1,845,717
Lisbon, Androscoggin Co
1600
3,120
21-50
Mechanic Falls, Androscoggin Co. 12,«57
847,538
1,283
14,134
16-80
Milo, Piscataquis Co
361,839
1,029
13,000
Monson. Piscataquis Co
214,355
3700
1,237
18,000
811,892
Mount Desert, Hancock Co
1900
1,355
12-40
27 ,000
Newcastle Lincoln Co
617,000
1,282
23,907
21-00
469,265
Newport, Penobscot Co
1,188
13,907
360,741
New Sharon, Franklin Co
2100
1,064
22-50
45,48 8
Norridgewock, Somerset Co
549,220
1,656
20-00
15,640 1,181,339
Norway (T.). Oxford Co
2,665
18,953
794,225
Oakland, Kennebec Co
2000
2,044
18,500
880,752
Old Orchard, York Co
1800
877
24,854
Orono, Penobscot Co
600,672
3000
2,790
15,000
20-00
405,727
Patten, Penobscot Co
936
14,048
26-00
494,998
Phillips, Franklin Co
1,394
18,151 1,118,085
20-00
Pittsfleld, Somerset Co
2,503
22-00
27,488 1,244,430
Presque Isle, Aroostook Co
3,046
15,450
19-50
1,031,709
Rockport, KnoxCo
1,484
54,991 1,S27,617
Rumford (T.) Oxford Co
1800
898
14-00
17,»52
870,203
Scarborough, Cumberland Co
1.794
.

,

J

HISTORY 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

-

Agricultural College 1893
Library bonds of 1891..

Do

do

1893

— — —Principal.
When Due.
Outstand'g.
July
1913
$135,000
J&J July
1911
175,000
July
1913
75,000
Jan.l, 'Olto 1905
J&J [$150,000 yearly. 750,000

Interest.
P. 01. Payable.

NAME AND PURPOSE.
.

4
4
4

1,
1,
1,

Municipal War loan
6
I
do
do (overdue) 4,300
Loan of 1873 (overdue)
500
Trust funds
4&6
734,749 45
Of the trust funds held June 1, 1899, $80,000 bear 6 percent interest
and $652,653 26 bear 4 p. c. interest, no interest being paid on $2,096 19.
;

PAR VALUE OF BONDS.—The

and $1,000 pieces.

bonds of this State are in $500

INTEREST is payable at the Commonwealth Bank of Boston and at
State Treasurer's

office.

TOTAL DEBT.—The

net debt on June 1, 1899, was $1,335,068 05.
The subjoined statement shows New Hampshire's total debt on the
dates named. Assets June 1, 1899, were $690,953; floating debt,

$1,472.

June 1, '99. June 1, '98. June
734,749

$1,436,800
699,843

$1,586,800
676,505

Jan. 1, '96.
$1,740,400
653,818

$2,024,549

$2,136,643

$2,263,305

$2,394,218

Total funded debt.... $1,289,800

Trustfunds
Totaldebt

1, '97.

ASSESSED VALUATION.—The State's total assessed valuation

(in-

cluding taxable savings, bank savings and insurance capital) has been
as follows
Tears.
Valuation. Tears.
Valuation.
1899
*$277,024,1«5 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
1895
not tabulated
* The difference of nearly $70,000,000 in the valuation for 1899 as
reported in t'ie October Supplemem and that given above arises
from the fact that the figures in the last Supplement did not include
the valuation of railroads, telephones, etc.
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 mention "cities," the words being
" any town."
In addition to the foregoing is the " Municipal Bond Act of 1895."
It tells in the matter of issuing bonds what a municipal corporation
may do, what if must do, and what it cannot do. The law enacts: Sec.
1. The term "municipal corporation " means town, city, school district, village district and village precinct.
Sec. 2. Bonds issued must
be payable within 20 years, interest semi-annual, not exceeding 6 per
may
payable
in
gold
cent,
be
coin. If made payable in less than 20
years, may be extended but never beyond 20 years from time of issue.
Sec. 3. Bonds (except of cities) must be authorized by a vote of twothirds of all voters present and voting at an annual meeting of such
corporation, or at a special meeting ii properly called, &c. (lor which
see act). Bonds must be signed by a majority of the Governing Board,
countersigned by Treasurer and have seal of corporation. Time
and place of payment and rate of interest, <Szc, may be delegated to
Governing Board. Sec. 4. City bonds must be authorized by resolution of City Council passed by at least two-ttiirds of members elected
to each branch taken by yeas and nays, signed by Mayor, countersigned
by Treasurer, seal of city affixed. Place of payment, rate of intereet
and sale may be delegated to Treasurer. Sec. 5. Bonds shall be payable to bearer or to registered holder by name, and must be in form set
out in act which see. In case bonds be made subject to call they must
contain statement to that effect as given in act. "The validity of any
bonds shall not be affected by any variation from the forms herein
prescribed."
Sec. 6. Treasurer to keep a book in which he shall
register bonds issued, &c. Sec. 7. " All bonds purporting to be issued
by virtue of this act and signed and sealed as hereinbefore provided
shall in favor of bona fide holders be conclusively presumed to have
been duly and regularly authorized and issued in accordance with the

—

provisions herein contained, and no holder tin reof shall be obliged to
see to the existence or the purpose of the issue or to the regularity of
any of the proceedings or to the application of the proceeds. All such
bonds shall be negotiable in all respects and to the same extent as seSec. 8. Annual tax must be
curities negotiable by the law merchant."
levied and collected sufficient to pay interest and provide a sinking
fund sufficient to pay principal within 20 years. Sec. 9. No ho nils can
be issued which shall increase the net debt of corporation to an
amount exceeding 5 per cent of the value of the taxable property
therein as last appraised for assessing taxes. To ascertain net debt,
all debts must be included except the following, which must be deducted— water debt, "cash and other means" In treasury and sinking
fund* applicable to payment of debt bo included; "but nothing contained in this section shall prevent the issue of bonds for the purpose
of refunding an equal principal amount of other bonds of such corporation." Sec. 10, corporation seal. Sec. 11. Act to take effect on passage. Approved March 19, 1895.
POPULATION OF STATE.— Since 1800 the total population has
been as follows.

269,328
326,073 1830
317,976 1820
244,022
214,460
284.574 1810
In 1870-80 Increase was 28,691, or 901 per cent, and in 1880-90, 29,539, or 8 51 per cent. For earlier population figures see State and
City Supplement of April, 1895, page 13.

1890
1880
1870

376,530
340,991
318.300

MB

NEW ttWrfSttlW-CITIES

April, 1900,

1860
1850
1840

-

SAVINGS BANKS' INVESTMENTS-PRIVILEGES AND RESTRICTIONS.— The laws in this State relating to savings banks in-

vestments were remodeled by the Legislature of 1895. The act referred
was approved on March 29, 1895, and went into effect on July 1 of
the same year. It is as follows: [In 1899 certain changes were made
in sections 4, 7, 8 and 15, which we have Incorporated below.]
AN ACT to regulate the investments of savings banks.
Be it enacted by the Senate and House of Representatives t>i General
Court convened :
Section 1. On and after July 1, 1895, savings banks shall make inrestments of their funds in the following classes of securities only
1st. In notes secured by first mortgages of real estate situated in
New Hampshire.
2d. In notes secured by first mortgages of real estate situated outside of New Hampshire, which at the time is improved, occupied, and
productive but not exceeding 25 per cent of the deposits shall be so

to

;

Invested.
3d. In notes secured by collateral in which the bank is at liberty to
Invest, of at least equal value but the amount of any one class of securities so taken as collateral, added to that which the bank may own
at the time, shall not exceed the total limit of that class of securities,
and not exceeding 25 per cent of the deposits shall be so invested.
In notes secured by collateral of securities which are listed on
3*fl.
the Stock Exchanges of Boston and New York, the listed price of which
shall at all times be at least ten per cent in excess of the face of the
note but not exceeding fifteen per cent of the amount of the deposits
shall be so invested.
The capital stock of a State bank or trust company, and the guaranty fund of a guaranty savings baDk, shall not be accepted by such
institution as collateral.
4th. In notes of individuals or corporations, with one or more indorsers; but not exceeding five per cent of the amount of its deposits
shall be loaned to any one person or corporation, and not exceeding
twenty per cent of the deposits shall be invested in this class of security; but not exceeding twenty per cent shall be so invested if in notes
of individuals or corporations resident outside of the £«ew England
;

;

States.
5tb. In the public funds 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 principal, including the bonds of the District of Columbia.
6th. In the bonds or notes of this State, or of any county, city, town,
precinct, or district of this State.
7th. In the authorized bonds or interest-bearing obligations of any
other New England State, or of the States of New York, New Jersey,

Pennsylvania, Delaware, Maryland, Ohio, Indiana, Illinois, Kentucky,
Missouri, Michigan, Wisconsin, Minnesota, Iowa, Kansas, Nebraska,
North Dakota, South Dakota, Colorado, California, Oregon, Montana,
Wyoming, Washington, Utah, or the territories of Arizona and New

Mexico.
8th. In the authorized bonds or notes of any county, city, town,
sohool district, or other municipal corporation of any of the foregoing
State?, whose net indebtedness does not exceed 5 per cent of the last
preceding valuation of the property therein for taxation, not Issued
in aid of railroads; and in the authorized bonds or notes of any city
of 100,000 inhabitants of any of the foregoing States, whose net indebtedness does not exceed 7 per cent of the last preceding valuation of the property therein for taxation; provided, however, that
the bonds or notes of any county of less than 10,000 inhabitants, or
of any oity, town, or other municipal corporation of less than 20,000
inhabitants, or of any school district of less than 2,000 inhabitants,
of any of the foregoing States, shall not be authorized investments;
but not exceeding 30 per cent of the deposits shall be so invested.
The term "net indebtedness" shall be construed to denote the indebtedness of any city or town, omitting debt created for supplying
the inhabitants with water, and deducting the amount of sinking funds
available for the payment of municipal indebtedness.
9th. In the bonds of any railroad company 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, of any railroad company so
incorporated whose road is thus located, or in the bonds or notes of
any railroad company incorporated under the laws of this State but
not exceeding twenty-five per cent of the deposits shall be so invested.
lOth.'In the bonds of any railroad incorporated under the authority
of any State outside of New England, which is in possession of and
operating its own road, and has earned and paid regular dividends
of not less than four per cent per annum on its capital stock for the
five years next preceding such investment, provided said capital stock
on which it pays dividends equals in amount one-third of the entire
bonded indebtedness of said road, or in the bonds of any corporation
guaranteed or assumed by said railroad but not exceeding twenty
per cent of the deposits shall be so invested. Street railroads shall
not be considered railroads, within the meaning of this and the last
preceding section.
11th. In the bonds of corporations of this State whoso net indebtedness at the time of such investment does not exceed its capital stock
actually ppid in and remaining unimpaired; but not exceding five per
cent of the deposits shall be so invested.
12th. In the bonds of street railway corporations located wholly or In
part in cities of 50,000 inhabitants or more, situated outside of New
Hampshire, whose net indebtedness at the time of such investment
does not exceed its capital stock actually paid in and remaining unimpaired, provided such corporation has "earned and paid regular dividends on its capital stock tor five years next preceding such investment; but not exceeding five per cent of the deposits shall be so in;

;

vested.
13th. In the capital stock of any bank or trust company incorporated
uuder the laws and doing business within this State; but the amount
of such stock held by any savings hank as an investment and as collateral for loans shall not exceed one-tenth of the total capital stock of
such bank or trust company, and not exceeding ten per cent of the
deposits shall be so invested.
14th. In the stock of any national bank in the New England States
and in the State of New York; but the amount of such stock held

11

TOWNS,

by any savings hank as an investment and as collateral for loansshall not exceed one-tenth of the total capital stock of such national
bank, and not exceeding ten per cent of the deposits shall be so invested.
15th. In the stock of any railroad corporation, exclusive of street
railways, situated in whole or in part in New England, New York.
Pennsylvania, Ohio, Indiana, Michigan, and Illinois, that has earned
and paid regular dividends of at least four per cent for five years previous to such investment; but not exceeding twenty per cent ot its
deposits shall be so invested.
16th. In the stock of any manufacturing company in the New England States that has earned and paid regular dividends 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.
17th. Any savings bank may purchase and hold land and buildings
suitable and actually used by it in part for its banking-rooms, the total
cost of which shall not exceed 10 per cent of its deposits.
18th. 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
the bank.
19th. Deposits of cash on call or subject to check shall be made in
some authorized banking or trust company incorporated under the
laws of tins State or the Commonwealth of Massachusetts, or In some
national bank located in the New England States or in the City of New
:

York.
Section 2. Whenever any person shall at the same time hold an office
in both a national bank and a savings bank he shall give bond in double
the amount required by existing law.

and Towns

Cities, Counties
IN THE

NEW HAMPSHIRE.

STATE OF

Note. — For debts of minor civil divisions not found among the statemenls given below, see "Additional Statements" at end of this State.

BELKNAP
County
seat

is

CO.— Mark

M. Robinson, Treas'r.

Laconia.

Interest payable at Nat'l Bank of
When Due.
LOANS—
the Republic, Boston, Mass.
Coubt House Bonds 1893—
July 1,1913 Bonded debt Jan., 1900. $50,000
4s, J & J, $30,000

P.efunding Bonds—
Jan.
J&J. $20,000

4s,

BERLIN.— A.
This city

is

1,

1915

H. Eastman, Treasurer.

in Coos County.

LOANS—

When Due.

School Bonds—
1901 1908

$8,000

4s,

($1,000 yearly.)

Improvement Bonds—
41«8,

$70,000

1913

$50,000

1917

Funding Bonds—
4s,

Assessed valuation '99.-9,207,422
Assessment about hi actual value.
Population in 1890 was
20,321

Total debt Mar. 20, 1900.$128,000

Floating debt
$25,000
Total debt Mar.20,1900. 153,000
Assets
21,500
Net debt Mar. 20, 1900 .. 131.E00
Assessed valuation, '99.-2,824,478
Assessment ^ actual value.
Tax rate (per M.) 1899
$24 00
Population 1890
13,729
Population 1900 (est.)
11,000

CLAREMONTWhen

This town is in SullivanCounty.
Total debt Feb. 15, '99... $176,130
Town Hall Bonds.
Sinking fund assets
18,085
1900 Net debt Feb. 15, 1899... 158,045
4s,
$42,500
1916 Total assessment 1899.-3,223,905
($2,500 due yearly) to
Refunding Bonds—
Actual value (about)
4,400,000
22-20
Jan. 1,1909 Tax rate (per $1,000)'99.
4s, J&J, $25,000
Apr. 1,1914 Population in 1890 was..
4s, J&J, 50,000
5,565
Bonded debt Feb. 15/99. $140,« 00 Population in 1899 (est.)
7,000
Floating debt
26,130
INTEREST is payable at Claremont, or at the National Bank of
Redemption, Boston.

LOANS—

Due.

CONCORD.—
James H. Morris. Auditor.
Concord
and
county
the
Merrimack

is the capital of
seat of
State
the
County. Its water works more than take care of the interest on the
water bonds.
When Due.
Water Prec'ct Bonds (Con.)
LOANS—

Bridge Bonds—

4s,

J&J, $20,000. July 1, '04 to '07
($5,000 due yearly.)
2%s, .... $7,000
1901-1902
4s,

Memorial Arch Bonds—
J&J, $5,000
July, 1900
•Police Station Bonds—
4s, J&J, $17,000
July 1,1903
•Public Park Bonds—
3i«8, J&D, $25,000... June 1,1914
4s.

Sewer Bonds—

4s,

J&J, *$12,000... July 1,1904

J&D, 25,000... June 1,1914
3*38. J&D,
9,000... Dec. 1, 1914

3ifl8,

3*28,

J&J,

25,000... July

1,

1917

Water Precinct Bonds—
3i*8, M&N, $15,000. Nov. 1, 1900

J&J,

$70,0i)u..Jan..'13 to *19

($10,000 due yearly.)
4s, A&O, $45,000.. ..Oct. 1,1912
4s, J&J.
400.000.... Jan. 1,1922

•Widening Pleasant St. Ex.—
J&D $13,800
June 1,1905
Union School Dist. Bonds—
July 1,1900
4s, J&J, $15,000
4s,
1

($15,000 due y'rly) to July

1,

1902

Penacook Sewer Bonds—
F&A, $5,000
Aug. 1,1903
F&A, 6,000
Aug. 1,1908

4s,
4s,
4s,

M&N,

*

May 1,1913

5, 000

Subject to call after May 1, 1908
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 Concoijd Sewer Prec'ct—

3^8. M&8,
20,000. Mch. 1, 1922
4s, J&J,
100,000. Jan., '01 to '11

4s,

($10,000 due yearly to 1909 and
$5,000 in 1910 and 1911.)

4s,

J&J, $2,000. ..1900-'05-'10-'15
1, 1899.$915,300
Floating debt
6,400
Sinking funds
4,000
•Exempt from tax when owned by Concord residents. Coupom bonds
EXPLANATORY OF BONDS.—The Penacook sewer bonds were
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 sohool districts have by their votes and by their agents
bound themselves to repay the city all sums expended on account oi

Bonded debt Jan.

1

the principal or interest of these bonds.
INTEREST is paid at city treasury and at Nat. Revere Bank, Bostom.
CITY PROPERTY.—The city valued its buildings and other property on January 1, 1899, at $250,000, and besides tlus has water
works valued at $900,000 which are the property of the "precinct."

ASSESSED VALUATION, TAX RATE, EtcTotal

A sscssed

Valuation.

Tears.

$11,21H,886

1899

U

Tojt.

Rate of Tax
per $1,000.

$19-70

20-00
$2_, 2,333
11,178,2
21 -SO
,762
11,200,690
•J(;0,589
2400
11,228,515
1890
17C081
1760
10,243,857
172,831
10,150.586
1880
POPULATION.— In 1S90 population was 17,004; in 1880itwas
13.843 in 1870 it was 12,241 in 1899 it was estimated at 18,000.
1898
1897
1896

;

;

8W£

12

ftW

A. FAIRBANKS, Mayor.
K. CHADWICK, Treasurer.
This oity is cue county seat of Strafford County.
When Due. Bonded debt Jan. 1, 1900.$336,000
LOANSWater debt (additional) .. 311,500
Refunding Loans—
4s, J&J, $60,000.. July 1, 1900-'05 Assessed valuation, real.5, 810,165
Ass'd valuat'n, personal.2,694,101
City Hall Bonds—
4s, A&O, $48,000 .Apr. 1, '06'09 Total valuation 1899. ...8,504,266
22,000.. Apr. 1, 'lO-'ll Assessment about 4 5 actual value.
4b, A&O,
$20-00
4s, A&O. 111,000. ...Apr. 1, 1912 Tax rate (per M.) '99
12,790
Population 1890
Funding and Bridge Bonds—
14,000
4s, J&J, $85,000. .July 1, 1900-'16 Population 1900 (est.)...
$311,500
Water loan notes 4*48
INTEREST on refunding loan and city hall bonds payable at Boston.
CITY PROPERTY.—The oity has assets, including water-works,
to the value of $416,384.

CHA8.

rkrviriTD
V Xl>rt. — }WM.
DkJ
5

.

Total valuation 1899... $3,097,532
16,075 Assessment about H actual value.
58,425 Total tax (per $1,000) 1899. $20-00
4,284
2,239,142 Population in 1890 was
Tax valuation, real
858,390 Population in 1900 (est.)... 5,000
Tax valuation, pers'l...
The bonds all bear interest at the rate of 4 per cent, and are issued
tor street improvement, library and refunding purposes. They are
nearly all held bv local investors.
TAX FREE-— Bonds are tax exempt if owned by residents.
1900..

$74,5i

Assets
Net debt Fob. 15, 1900...

FARMINGTON. —

town is in Strafford County.
$4,060
Sinking fund asset?
61,432
Net debt Feb. 15, 1900..
1,163,032
Tax valuation 1899

This

Refunding Bonds—
Jan. 1, 1917
Subject to call Jan. 1, 1907
Total debt Feb. 15, 1900. .$56,500
8,992
Floating debt
Total debt Feb. 15, 1900.. 65,492
4s,

J&J, $56,500

rr T TTVT
prj
AM _fcS.l_.iiN
-WAIN

±«

—
Merrimack
.

5
J

Tax

2400

rate (per $1,000) '99.

Population in 1890 was
Populationin 1900 (est.)

3,064
3,000

is

in

RUFUS

G.

BURLEIGH, Mayor

HILLSBOROUGH CO.— Frank
LOANS—

Co unty seat

4s,
4s,

June, $40,000.... June 1, 1921
March, $120,000.. March, 1915

4s,

J&J, $117,000

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

Refunding Bonds—
$35,000

Sept.

Liv-

C.

Nashua.
1900.. $312,000

Floating debt Jan., 1900..
39,854
Total debt Jan., 1900.... 351,854
Sink, fund & cash assets..
31,674
Net debt Jan. 1, 1900.... 320,180
Tax valuation 1899. ...62,105,534
Population in 1890 was.... 93,247
Population 1899 (about) ..100,000

Funding Bonds 1894—

4s, Sept.,

is

When Due. Bonded debt Jan.,

Buildln g Bonds—

1910

5

\

AUSTIN

FRANK

in the hands of the city.

LACONIA.— S.
Laconia

(City) is in

LOANS—

0. Frye, Clerk.
Belknap County.

When Due. Floatingdebt

Sewer and Funding Bonds—
4s,
4s,

J&J, $65,000

A&O, $117,000
Coupon notes, 3^s

$10,000
payable at Boston.
Bonded debt Feb.l5,1900.$214,000
Lntere.it

|

LEBANON.—Whentown
due
This

LOANS—

$41,173

Total debt Feb. 15, 1900. 255,173
Available assets
22,995
Net debt Feb. 15, 1900.. 232,178
Tax valuation 1899
4,373,750
Tot'ltax(perM.) '99
21-50
Population in 1890 was
6,143
in Grafton County.

is

Net debt Feb.

1900

$49,290
May 1, 1909 Fire precinct debt(add'l) 47,464
4s, MAN, $40,000
4s, A&O, 18,000. Apr. 1, 1901, to Assessed valuation 1899.2,526,614
Assessment about actual value.
($3,000 due yearly.) Apr. 1, 1906
Bonded debt Feb. 15,1900.$61,000 Total tax rate (per M) '99.. $16-97
Population
in 1890 was
3,690
Floatingdebt
3,763
Total debt Feb. 15, 1900.. 64,6b0 Populationin 1900 (est.)
4,500
15,400
Sinking fund assets

Orl 11,0 I H,t\. —
A "Mr^UCCT'TT'O

A/T A IN
IVL
This city

<

15,

.

.

.July

4s,
4s,
4s,

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

1,

1913

1,

F&A, 100,000. Aug.
1905 4^8, M&N, 100,000. Nov.

50,000.... April 1, 1907
50,000.... April 1, 1909
5,000.... April 1, 1911

3*28,A&O,100.000... April

1,

1919

School Bonds—
4s,
4s,

J&J, $160,000... July 1,'00-15
J&J,
40,000... Julyl, 1916

6s,
58,

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

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

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

•

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

100,000. .Jan.
100,000. .July
100,000. .Jan.
A&O, 50,000. Oct.
J&J, 100,000. July
J&D, 50,000.. Dec. 16.
J&J, 100,000. Jan. 1,

1902
1913
1913
1907
1910
1913
1914
1915
1915
1917

PAR VALUE.— The city's bonds are for $100, $500 and $1,000. They
are mostly of the denomination of $1,000 each.
INTEREST on bridge bonds of 1881 and water bonds of 18721s payable at Treasurer's office, Manchester on aU other issues at Suffolk
;

Bank, Boston.
Jan. 1, 1900. Jan. 1, '99. Jan. 1, '98. Jan. 1,'97.
Total bonded debt
$1,920,000 $1,855,000 $1,890,000 $1,917,250
Water debt (incl. above).
900,000
900,000
900,000
900,000
Sinking fund Jan. 1, 1900, $232,733 04.
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.
per $1,000.
Real.
1899
$1950
$31,491,784
$25,595,943
$5,895,841
19-50
1898
4,723,454
30,988,488
26,265,034
20 80
1897
30,486,946
4,655,114
25,831,832
18-60
1896
4,412,552
29,443,668
25,031,116
1910
1890
24,090,650
4,206,300
19,884,300
17,735,990
1880
POPULATION.— In 1890 population was 43,983; in 1880 it was
32,630; in 1870 it was 23,536. Estimated population in 1899, 60.000.

TOTAL

MEREDITH FIRE
Meredith

in

is

DIST.— A.S.CLOUGH,Sec.

Belknap County.

Interest

is

payable in Boston.

J&J, $40,000.. July, 1923-'26 Assessment about ^ actual value.
1902-1910 Tax rate (per $1,000) '99.. .$31-20
A&O, 4,500
Population 1895 (about)
1,000
($500 yearly from Oct., 1902.)

412s,
4*28,

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

LOANS—

When Due.

Funding Bonds—
4s,
4s,

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

Oct. 1,1901
Oct. 1,1902

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

MILFORD.-P.
This town

.

—

Feb. 1, 1924
4s, F&A, $45,000
Interest on first loan is payable in
Boston, on others in Milford.
Bonded debt Feb. 9, '99.. $120,000

one of the county seats of Hillsborough County.
When Due.
Improvement Bonds—
Bridge Bonds—
4s, J&J, $100,000.. ..Jan.
July 1,1911 48, A&O, 100,000.... Apr.
4s, J&J, $60,000
4s, J&J, 55,000. July 1,1900-1901 4s, A&O, 100,000. ...Apr.
is

4s,

A&O,

100,000.... Apr.

1,
1,
1,
1,

2,500
122,500

MACuriA
INAOnU A. —
This city

is

S
\

Tax

rate (per $1,000) '99 ..$18-00

Population 1900 (est.)
Population 1890 was

W. Sa wyer,

Hillsborough Co.
When Due.
LOANS—
Water Bonds of '91 & '93.—
48, J & J. . .$65,000 July 1, 1921
Subject to call after July 1,1911
4s, J & J. . . .$10,000 July 1, 1923
is in

Schools and Funding

Interest payable at Concord.

Totbond. debt Jan. 1,1900.$91,000
Tax valuation 1899
26,046,392

1913
1914
1915
1916

50,500
49,435

Treasurer.

Bonds are exempt from taxation.
Sinking fund
$13,400
Net debt Feb. 2, 1899.... 109,100

Tax valuation, real
1,430,110
Tax valuation, personal. 572,576
Total valuation. 1898
2,002,686
Total valuation 1899. ...2,050,666

Assessment

is

75

p. c. real value.

Total tax (per $1,000) 1899. $19-00
Population in 1890 was
3,014
Populationin 1880 was
2,398
Population 1898 (about)
4,000

JASON E. TOLLES, Mayor.
a A HALL, City Clerk.

in Hillsborough County.

LOANS—

When Due.
Engine House— (gold) —
4s, g., J&D, $15,000g.June 1, 1918
Funding Floating Debt—

Floating Debt, School and
STREET—
4s, g., J&D,$200,000g.June 1,1913
School Building
6s, J&J, $75,000
Julyl, 1901 4s, F&A, $10,000.... Aug. 1,1900
1911-1915
4s, J&D, 200,000
4s, F&A,
10,000.... Aug. 1, 1904
($40,000 due j early on June 1.) 4s, A&O, 25,000 g.. Oct. 1, 1916
4s, g., M&N, $100,000g.May 1, '15

—

Jan. 1, 1918
J&J, $42,508
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 floatingdebt bonds
due 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
4s,

INTEREST

;

Bank

of the

Commonwealth, Boston.
city'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, $588,524.
ASSESSED VALUATION.—Total assessed valuation (which is about
75 per cent of actual value) was in 1899 $14,127,615. Total tax per
$1,000 in 1899 was $20-50.
POPULATION in 1899 (est.) 25,000; in 1890 was 19,311.

NEWPORT.—
P. A. Johnson, Treasurer
town
County.
This

is

in Sullivan

LOANS—
6s,
5s,
6s,

J&J,

F&A,
J&J,

Town debt

When Due. Water debt (included).... $51,000
1901 Tax valuation 1899
1,428,008

$84,300
8,200
10,000

;.

Feb. 15, 1900.$157,422

Total tax (per $1,000) '99. ..$2320
Population in 1890 was
2,623
Population 1900 (estimated) 3,000

ACOOK.Willis
PEN
Merrimack
Penacook

G.

Buxton, Treasurer.

County.
When Due. Floating debt
LOANS—
$1,000
Water Works—
Totaldebt Jan. 1, 1900.... 71,000
4^28, M&N, $70,000. .July 1, 1922 Tax valuation 1899
629,000
Subject to call July 1, 1907 Assessment from 23 to % actual val.
Bonded debt Jan. 1, 1900. .$70,000 Total tax (per $1,000) '99. .$22-30
INTEREST is payable at the office of E. H. Rollins & Sons. Boston.
is

in

.

PORTSMOUTH.— Geo. D.

JAMESE. DODGE, Auditor.
ALLEN, Treasurer.

Jf. L.

LOANS—

($25,000 in 1900,$30,000,*01.)

J&J, $50,000

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

Floatbig debt
Total debt

A. ELLIS, Mayor.
H. WHITCOMB, City Clerk.
This city is the county seat of Cheshire County.
Water Bonds— (Con )—
When Due.
LOANS—
Railroad Aid Bonds—
3^8, J&J, 30,000
Jan. 1,1911
July 1, 1900
4s, J&J, $60,000,
($10,000 yearly) to Jan. 1, 1913
($15,000 yearly) to July 1, 1903 Demand loan 3s
$25,000
July 1,1904 Bonded debt Jan.1,1900 222,500
4s, J&J, $10,000,
Sewer Bonds—
Floatingdebt
24,543
July 1, 1905 Total debt Jan. 1, 1900.
4s, J&J, $60,000
247,043
($15,000 yearly) to July 1. 1908 Cash and sinking fund.
40,446
4s, J&J, $10,000
July 1. 1909 Net debt Jan. 1, 1900..
206,597
Water debt (included)..
Water Bonds—
82,000
Oct. 1,1913 Assessed valuation '99.. 6,285,466
4s, A&O, $5,000
Oct. 1,1914 Tax rate (per M.) 1899..
4s, A&O, 40,000
1350
($10,000 yearly) to Oct. 1, 1917 Population 1890 was....
7,446
3 iss, J&J, $7,000
Jan. 1,1910 Population 1899 (est.)..
8,000
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, 1899, at $200,000, and other property to the amount of
$110,470. Water works are more than self supporting, the net income
for 1899 being $19,433 76. The railroad loans were a gratuity to the
Manchester & Keene RR., and are not offset by any railroad securities

r^T7ir\Tl7
xV^-^J-NrL

5s,

When Due.

Water Bonds -

When Due. Bonded debt Feb. 1, 1900. $44,500
Water Bonds 1893—
Tax valuation 1899
603,298

FRANK PROCTOR, Treasurer.

ingston, Treasurer.

LOANS-

When Due.

CEMETERY BOND8-

LXX

LOANS—

County.
$10,666
When Due. Floating debt
LOANS—
172,666
Total debt Jan.1,1900.
Town Bonds—
12,632
4s, F&A.,$30,000....Aug. 1,1917
1,"
160,034
1900...
Net debt Jan!
Water Bonds 1891—
2,603,070
Apr. 1,1916 Tax valuation 1899.
48, A&O, $80,000
Subject to call after Apr. 1, 1901 Assessment about 3i actual value.
Apr. 1, 1914 Tax rate (per $1,000) 1899. $18-50
4s, A&O, $12,000
4,085
Population in 1890 was
Refunding Bonds—
5,500
3*28, F&A., $40,000.. Aug., '02'09 Population in 1899 (est.)
Bonded debt Jan. 1, 1900.$162,000
INTEREST payable at First Nat. Bank, Boston or Treasurer's office
This city

LOANS-

Vol.

TOTAL DEBT-

EXETER.—
C. W. Parker, Treasurer.
Rockingham County.
This town is in
Bonded debt Feb.,

BVffltWW.

CITY

Marcy,

City Clerk.

This city is one of the county seats of Rockingham County. The
city issued $343,000 bonds in aid of the Portsmouth & Dover RR., and
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 seUing it and applying the proceeds to the payment of the railroad
bonds. When all these bonds shall have been paid the city will still
have on hand a considerable balance from the sale of the stock.

LOANS—

Interest

'

—

o»S

-

When Dae.

B
p-o-a,

**>£&

g^aS

I

f

Apr.

A & O
J & J
M& N
M& N
J & J

4
4
4
4

1884
1889
1894
1889
1896

Oct.

Jan.

May
Nov.
July

1901
1904
1909
1914
1914
1916

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

$10,000
47,000
50,000
40,000
57,000
175,000

4
Optional after July 1, 1912.
Ports. &I)ov. RRref.1893 4
Jan. 1, 1913
J <fe J
160,000
Water bonds
1892 4
J & J
Jan. 1, 1907
100,000
Jan. 1. 1912
165,000
1892 4
J & J
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 $19,500 of the issue of 1884.
TOTAL DEBT on January 1, 1899, Including the water debt, was
$933,500; assets, $552,772 water debt (Include.!), $325,000; net debt,
$3-45,443. 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 fire department) valued at $51,007. The par value of the Portsmouth & Dover stock held by the city on January 1, 1899, was
$111,200; market value over $150,000.
ASSESSED VALUATION.— Assessed valuation In 1899 of real estate
and personal property was $8,598,407 (estimated at about -H actual
value) tax rate (per $1,000) $20 60.
POPULATION.— In 1890, 9,827; In 1880, 9,690; in 1870,9,211;
estimated iu 1899 at more than 11.000.
J

;

;

HORACE L. WORCESTER, Mayor.
JciIAS. W. BROWN, CityClerk.
This city is in Strafford County. Bonds are tax exempt.
$367,243
When due. Total debt
LOANS—
Sinking fund
29,096
Sewer Bonds—
Jan.
1900....
338.147
debt
1,
Net
3^8, J&J, $110,200... Jan. 1,1901
Tax valuation 1899
3,965,224
($6,500 due yearly.)
Assessment about % actual value.
Water Bonds, 1892.—
4s, J&D, $200,000.... June 1, 1922 Total tax (per $1,000) '99. .$2000
7,396
Bonded debt Jan. 1, 1900. $310,200 Population in 1890 was
Floating debt
57,0 13 Population in 1900 (est.).. ..8,000
INTEREST on sewer bonds is payable at city treasury, on water
bonds in Boston, Mass.

Dnr'Ut7CTT?n
H.CJOH.h.S
1 II. K.

—

Total
Debt.

Principal.
Outstand'g.

,

,

P- 01. Payable.
NAME AND PURPOSE.
A & O
1886 4
-ItSvo)

E.2^

5

County seats are Exeter and Portsmouth.

LOANS—

When

Codrt House Bonds,
J&J, $40,000
Refunding Bonds,
4s, J&J, $20,000
4s, J&J, 12,500
4s,

due.

1893.

July

1,

1918

County Bonds - (Con.)
3^s, A&O, $35,00C Apr., '06

1893.

July 1, 1903
July 1,1905

Countv Bonds—
80,000

is

Tax valuation 1899.. ..26,818,977
County property 1895..
274,105
Population in 1890 was ...49,650

Oct. 1,1901
June 1,1911

4s, .... $20,000

4s

to 10

payable in Exeter.
Bond, debt Jan 1,*00.. $207,500
hand
on
Jan. l.'OO
Cash
15,943
Net debt] Jan. 1, 1900..
191,557

Interest

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

is

21,976 1,112,232
342,i; 11
3,791
11,141 1,264,923
10,293 1,165,318
757,926
15,389 1,440,203
4,949 1,118,300
23,618 1,676,579
7,934
459,333
8,751
603,398
61,718
599,915
New Boston, Hillsbor'gh Co. 14,045 1,322
597,133
4,284
299,674
Newcastle, Rockingham Co.. 24,665
Nottingham, Rock'gham Co. 17,-<7o
3,135
327,803
Pembroke, Merrimack Co.. 12.450
1,649 1,195,872
Peterborough, Hillsboro' Co. 78,300 14,563 1,394,644
Merrimack
Co
14,301
Pittsfleld,
58,241
1,121,785
2,248
344,974
Plaistow, Rockingham Co.. 21,529
1,812
425,182
Raymond, Rockingham Co.. 32,556
17,245
1.866
440,550
Sandwich, Carroll Co
293,571
Seabrook, Rockingham Co.. 10,926
5,617
139,013
16,024
3,459
Springfield, Sullivan Co
1.040
383,408
Stewart8town,Coiis Co
11,008
10,239
5,031
448,107
Strafford, Strafford Co
Sullivan County
15,738
2,726 8,711,570
Sunapee, Sullivan Co
18,538
2,753
477,166
11,937
Thornton, Grafton Co
6,346
180,798
Tilton, Belknap Co
22,115
8,344
910,527
12,932
2,953 1,599,117
Walpole, Cheshire Co
Warner, Merrimack Co
38,585
637,710
1,335
Wilton, Hillsborough Co
39,263
3,055
957,400
Winchester, Cheshire Co ... 26, 1 2
5,359 1,203,150
Wolfeborough, Carroll Co... 112,928
4,404 1,107,438
Woodstock, Grafton Co
21,506
5,312
206,504
.

*

Popu-

Tax

Kale, lalion.

17-20 1,817
15-00
748
22-10 2,545
19-10 2,120
2-35 "2,500
22-00 3,373
21-50 2,060
2 5 -oo 3,365
16-00 1,154
24-50 1,642
17-25 1,640
15 80 1,067

488
988

19-50
2 2- 50

1600 3,172
1900 2,507
2000 2605
18 00
18-30
21-20

1,085
1,131
1,303
1.672

2200
28-00
17-80
21-10

540
1,002
1,304
17,304

2910

900
632

16-50
17-70
18-80
16 00
17-00
19-40
25-80

1,521
2,163
1,383
1,850
2,584
3,020

18-25

341

Later estimate of population.

Vermont

State of

ITS

DEBT, RESOURCES,

&c.

....

March

Admitted as a State (Act February 18 1791)
Total area of State (square miles)

1791
9,565

Montpelier

State Capital
Governor (term expires Oct. 1900)
Secretaryof State, (term expires Oct. 1900)
Treasurer, (term expires Oct. 1900),

Edw.

-

in October,

and length

of session

is

C.

-

Smith

Howland

Fred. A.

Jobn

Legislature meets biennially in even years the

day

4,

Bacon
Wednes-

L.

first

not limited.

in Strafford County.

When Due. Bonded debt Jan. 1,1900.$295,000
LOANS—
Gen'l Indebtedness Bonds—
Value of city property.
43^,513
4s, A&O, $118,000. .Oct. 1, 1900to Assessed valuation 1899.3,119,834
Oct. 1, 1918 Assessment about actual value.
$5,000 to

'

1

7;

$63,000 in

rate (per $1,000) '99... $20 -90
Population in 1890
6,300
Population in 1899 (est.).... 7.000
INTEREST is payable at Old Colony Trust Co., Boston.

'18.)

Water-Works Bonds—
4s, A&O, $177,000. Oct. 1, 1903-'18
<$2,000 yearly to 1907; $3,000 to
'12; $4,000 to '17; $132,000 In '18.)

is

Dover.

LOANS—

Funding Bonds—
J&D, $10,000
4s, J&D,
5,000
4s, J&D, 70,000 g
4s.

When Due
Dec. 1, 1900
Deo. 1, 1901
Dec. 1,1911

Total debt Jan. 1, 1900 $110,000
Cash, etc
51,940
Net debt Jan. 1 1900..
58,060
Tax valuation in 1899.20,757,412
Av. tax rate (p. $1,000) '99.$1970
Population in 1890 was
38,442

Jail Note—
4^8, A&O, $25,000 ..Oct. 19, 1908
INTEREST on the 4 per cent bonds
Bank of Redemption, Boston, Mass.

is

WHITEFIKL.D. —This village

is

payable at the National

in Coos County.

When Due. Assessment about ^ actual value.
LOANS—
Refunding Water Bonds—
Tax rate (per$l,000) '99. ..$24-30
3^s, J&J. $60,000
Population 1890 (Town)
Total debt Apr.l, 1900
$60,000 Populafn 1895 (Village)
Tax valuation 1899
745,212
INTEREST is payable at the Whitefleld Bank & Trust Co.

est.

2,041
1,500

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding all minor civil
divisions in the State of Now Hampshire whioli have reported an
indebtedness of over $10,000, and which are not represented among
the foregoing detailed reports. We add the population in 1890.
Tax Popw
Total
Assessed
Debt.
Assets.
Valuat'n, Pate, lution.

Location—
Alton, Belknap

Co

Antrim. Hillsborough Co....
Ashland, ciraf ton Co
Barnstead, Kolknap Co
Barrington, Strafford Co....
Bethlehem. Grafton Co
Bosoawe«(Tn),MerriiuackCo
Campton, Grafton Co
Canterbury, Merrimack Co..
Cheshire County

LOANS—

*
22,347
50,147
33,040
11,974
51,558
11, 150

79,954
15,907
13.197
10,500
Conway, Carroll Co
19,801
CoosConnty
60,00Kalton, Coos Co
19,611
Deerfleld,. Rockingham Co.. 11,056
Derry, Rookiiu'haiu Co
27,415
Dorchester, Grafton Co
16,194
Dublin, Cheshire Co
19,315
Epping, Bookingham Co
30,164
Goffstown. Hillsborough Co. 46,236
•Gorham.CoosCo
11,001
Grafton Couuty
30,351

$

$

612,066
615.271
595.072
901
448,219
4,076
432,210
7,600
606
690,552
608.455
1,584
8,757
346,747
3,734
424,801
14,75118,159,416
919,899
1,208
15,150 11,944,578
4,406
163,384
2,633
424.236
9,085 1,243,335
97,970
3,095
20,023
611,339
4,514
695.560
5,967
5,784

1,780 1,210,606
516,766
2,764
9,333 18,131,293

$

21-00
21-60

1,372
1,248

16-50
20-00

1,193
1.264
1,408
1,267
1,487

2500
2290
2155
20-70
16-00

1640
....

32-60
14-80
21-11
28*50

1080
2110
12-70

20-50

983
964
29,579
2.331

23,211

59«
1.220
2,604

379
582
1,721
1,981

1.710
37,317

Interest.

<

NAME AND PURPOSE.

.

Rate. Payable.

Agricultural College Fund....
Floating debt July 1, 1899
State school tax to be distrib'd

6

J&D

Principal.
Outstand'g.

,

When Due.

Junel,1910.$135,500 00
355,973 8*

5
87,381 s 2
5
87,38182
INTEREST is payable at the State treasury.
TOTAL DEBT, Etc.— The total debt of the State on July 1, 1899,
was $666,237 47. On July 1, 1«99, the total resources were $879,248 33, Including cash on hand and in banks $133,632 91.
ASSESSED VALUATION.—The State's assessed valuation and tax
rate have been as iollows

do highway do

STRAFFORD CO.— George D. NowELL,Treas
County scat

HISTORY OF DEBT.— For a brief history of the Vermont State
debt see State and City Supplement of April, 1895, pages 1-5 & 16.
The liabilities of the State on July 1, 1899, were as follows

Tax

($2,000 yearly to 1909; $4,000 to
•14;

Assessed
Valuat'n.

Assets.

Location—
$
2?, 207
Hanover, Grafton Co
Harris ville, Cheshire Co
16,017
Haverhill, Grafton Co
77,373
Hillsborough, HiUsbor'h Co. 99,291
Hillsboro Bridge Fire Dist.. 66,000
110,942
Lancaster, Coos Co
36,000
Lisbon, Grafton Co
126,742
Littleton, (JraftonCo
21,083
Lyme, Grafton Co
Meredith, Belknap Co
48,816
Milton, Strafford Co
60,242

ROCKINGHAM CO.— Wm. H. C. Follansby,
Treasurer.

13

V£fflvrONT~B£BT Of SJtWZ,

1900.

April,

Tears.

Real.

do

-Assessed valuation.
Personal.

Tax rate

,

per $1,000

Total.

1899
1898
1897
1896
1895
1894
1893
1890

$117,642,114
$57,969,558
$175,611,672
$2 00
1-50
116,141,979
58,621,654
174.763,633
114,994,441
2-50
59,396,708
174,391,149
113,700,464
1-00
60,996,759
174,697,223
112,099,284
2-20
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 1899 was $200 per $1 ,000, which includes 8tate school
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 Constitution or in the Statutes of Vermont providing a general limit to the
debt-making power of municipalities. Whatever in eacli ease 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 followSection 2760. A town may aid iu the construction of a railroad organized under the general law by Issuing bonds to aid snob railroad,
by takini' capital stock therein, or in such other manner as it directsbut 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
:

in this chapter.
It will bo 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 tii-sf 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 26, of the Revised Statutes,
which is as follows: "All taxat...' property shall be set in the list at one
" per cent of its value in money on 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 iu which
:

SW£

14

/*WD CITY SUffifcMSNT.

these subscriptions must be made, by calling a town meeting, voting,
&o., &o. Then follows Section 2766, authorizing the issue of bonds.
Section -27(>(>. 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 bonds and notes. The Sections which grant this power are
Sections 2769, 2775 and 2776, Chapter 132 of the Revised Statutes,
Sections 2769 and 2776 are as follows:
Section 2769. 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 the 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, in 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 whioh 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. —According to the first census (1790) the
population of Vermont was 85,425, of which 44,756 were males, 40,39s
were females and 271 free colored. The total in 1800 was 154,465Since that date each ten year aggregate is given below.
332,422 1860
315,098 1830
1890
280,652
332,286 1850
314,120 1820
1880
235,966
1840
330,551
291.948 1810
1870
217,895

—

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.o. 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 4098 relate only to obtaining and paying for insurance. Section 40t9 is as foil ows, 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 loans 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 single 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 pro visions relating to investments that are
contained in the law. We give the section in full below. The separation
into paragraphs and the figures in parenthesisjwhich number and begin
the paragraphs are our own.
Section 41 01— 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
(4.) In the municipal bonds, not issued in aid of railroads, of
counties, cities and towns of five thousand or more inhabitants in the
States of New Jersey, Wisconsin, Minnesota and Missouri, and in
counties, cities and 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 Jive 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 five 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 deposit books or deposit receipts, issued by a savings' bank, savings
institution 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 security for 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 banks, owned or loaned upon, to
exceed in the aggregate one-fourth of the deposits of any savings bank,
savings institution or trust company.
.

LXX

Vol.

The amount

of loan which can be made to one person or corporation,
restricted by the next section, and we give it in full. It is as
follows:
«fec, is

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 live 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" in this chapter shall be
construed to include savings banks and trust companies. A savings
bank, savings institution or trust company may deposit on call in
banks, banking 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 be 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 five years, &c. 8ection 4108 authorizes savings banks to demand and receive on loans 6 per cent interest.

Counties and Towns

Cities,

THE

IN

STATE OF VERMONT.

Note. — For places not given in alphabehi al order among the followingstatements, see additional statements" at the end of this Stale.

BARRE.
This city

is

in

Burt H. Wells,

Water Bonds—

LOANS—

When Due.
Refunding Bonds, 1896—
4s,
4s,
4s,

$37,000
338,444
165,000

. . .

Assessment about

(Subject to call after 1914.)

Tax

Sewer Bonds—
J&J, $75,000.... July

4s,

J&D. $165,000

Tax valuation 1899

1919

57,500

,

4s,

May 1, 1906 Temp'y loan July 1,1900
May 1.1911 Total debt, 1900
Mav 1, 1916 Water debt (included)

M&N, $15,000
M&>\ 15,000
M&N, 15.000

4s,

Treasurer.

Washington County.

1,

School Bonds

$26-70
8,300

rate (per $1,000)

Population in 1900
Population in 1890

1909

3,550,102
actual value.

23

(est.)

6,812!

J&J, $18,000. .July 1, 1911
NTEREST on refunding bonds is payable at the National Bank
Redemption of Boston; on other bonds at National Bank of Barre.

413s,

. .

I

E. A. Booth,
BENNINGTON.—
town
Bennington County.

A shire

of-

CUrk.

(See " additional statements'^

in

for village of Bennington.)

When Due.
LOANS—
Funding Notes—
3 % s, .... $30,000 ..April 3, 1902
Refunding Bonds—

Floatingdebt
$30,000
Assessed valuatii n, re -il. 3, 305,949
Assessed val't'n, pers'l.. 1,412, 516
Total valuation, 1897. ..4,718,465
$18-50
Tax rate (per M) 1899
Population 1890
6,391
Population 1898 (est.)
8,000

. .

,

July 1, 1917
Jan. 1,1901
10,000
Bonded debt Mch., 1900. $110,000
4s,

J&J, $100,000

4s

.

BRATTLEBORO.-W.
Windham County.
This town

is

LOANS—

When Due. Assessed valuat'ns,real$2,82?,210
I

Bkidge Bonds—
4s. J&J, $15,000

Road

4s

H. Brackett, Treas'r.

in

|

July

Lmpv't Bonds—
$4,000

1,

1918

I

I

1900-01

Town Hall Bonds—

I

I

Assessed valuations, p'1.1, 763, 875Total valuations 1899.. 4,586,085
Assessment about *2 actual value.
Total taxrate (per M)190O. $17-60
Population in 1898 (est.)
7,000
Population in 1890
6,862

1909-19
Total debt Jan. 1, 1900. .$69,000
INTEREST on town-hall and bridge bonds
on other bonds in Brattleboro.
4s,

J&J, $50,000

I

|

DTTD
t T-NT^^rr^TM
£> U JrCLjliN Kj 1 KJi>i

—

is

payable in

New

<

ROBERT ROBERTS, Mayor

l

l. c.

GRANT,

York;

Treasurer.

This city is in Chittenden County.

Watfr Bonds—

When Due.

LOANS-

Street Improvem't bonds 4s,
J&J, $20,000.. July 1, 1915
JAJ,
J&J,

$37,000. .Apr.
20,000 .Jan.
•is,
A&O, 25,000. ..Oct.
85,000. ..July
3»ss, JAJ.
3»28, J&D, 25,000. .. Dec.

J&J,

Refunding Bonds—

4s,
s,

4s,

J&J, $20,000... Jan.
J&J, 15,000. ..Jan.
A<&0, 160,000... Apr.

1,

1919

4s,
4s,

40,000.. ..1914&lfel6

A&O,

Jan.

J&J, $160,000.. ..Jan. 1,1906
J&J,
30,000
JaD. 1, 1914
Bond debt Feb. 1, '00. $742,000
Floatingdebt
1, 1913
35,000
1, 1914 Total debt Feb. 1,1900.
777,000
Sinking fund assets
1, 1915
196,359
580,641
1, 1923 Net debt Feb. 1, 1900..
Assessed valuat'n '99.-12,858,461
1, 1924
Assessm't about 8096 actual value.
1,1913 Tax rate (per $1,000) 1899.$15-00
1,1914 Population in 1890 was .. .. 14,^90
Population in 1 900 (est.)
1, 1931
19,000

40,000.. July, 1917-'L8

School Bonds—

4s,
4 s,

..

Kefunding Water Bonds—

.

4s,
4s,

J&J, $6o,000

4s,

. . .

(Subject to 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
When Due

LOANS—

Water Bonds—
4s,

1905

J&D, $24,000

Subject to call after 1895.

is in Rutland County
Bonded debt Feb. 1,1900. $22,000
Tax valuation 1899
1.187,600

Tax

rate (per $1,000) 1899. $19-50

Population in 1890 was

2,791

— Middlebury town, including
MIDDLEBURY.
Addison County.
name,

lage of the

same

TOWN.

LOANS-

is

vil-

VILLAGE.
When Due.

1900-1917
$25,750
Bonded debt Feb. 1, 1900. $25. 750
5,861
Floating debt
1,918,141
Tax valuation, 1899
$13-50
Total tax per $1,000 1899..
2,793
Population 1890
4s

the

situated in

When Due.

LOANS—

Water 4s, $30,000
Bonded debt Jan.

1921

1900. $40,500
Floating debt
13,446
Tax valuation 1899
1,000,000
1899..$25-0O
Tax rate (per $1,000)
Population 1890
2,793
1,

$£TTS

1900.

April,

MONTPELIER.The city is situated in Washington County. On March 5, 1895, the
town, village and school district wore consolidated under a city charter,
When Due. Bonded debt Feb. 1,'99.. $123,000
LOANS—

State of Massachusetts,
IT8

Refunding Bonds—

17,500
Floating debt
Apr. 1, 1919 Total debt Feb. 1, 1899.... 140,500
3%8, ....,$40,000
Sinking fund assets
136,851
(Subject to call after 1904.)
4,(506,947
Tax valuation 1898
Water Bonds—
July 1, 1904 Assessment about % actual value.
4s, J&J, $3,500
Total tax (per $1,000) '98.. $15-00
(Subject to call.)
3s, A&O, $30,000.. Subject to call. Valueof water- wks.owned.13'>, 8^1
real estate owned. 30,000
do
1917
4s, J&J, 17,000
4,160
1917 Population in 1890 was
4s, J&J, 17,500
6,500
1917 Population in 189J (est.)
4s, J&J, 15,000
INTEREST on the $30,000 witcr loan is payable at Montpelier
National Bank and upon the other loans at the Treasurer's office.

Is in Lamoille

When Dae.

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

Feb. 1, 1905
Feb. 1,1910
Feb. 1, 1915
Feb. 1,1920

Floaiiugdebt
$4,700
Total debt J^n. 1, 1900... 53,700
Total valuation 1899
600,000
Assessment about ^ actual value.
'99.
$18-50
Tax rate (per $1,000)
Population in 1900 (est.).
1,600

Water & Elec.-Light Bonds—
4s,
4s,
4s,
4s,

INTEREST

is

1,

1900.$49,Ouo

LOANS-

4s,

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

Rutland County.

valuation, real
$940,000
valuation, personal.
20.000
Total valuati >n 1899
960,000
Tot. tax rate(per $1,000)'99.$16 00
eopulation in 1897 (est.)
1,900
Population in 1890 was
1,758
Treasurer's office.

1,

Other debt
Total debt Feb.

INTEREST

RUTLAND.— Will.
This city

in

is

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,

4g,
4g,

June,1926
May, 1924
Nov., 1924

J&J, $25,000

M&N,
M&N,

100,000*
50,000*

School Debt—

5s, $2,000*

4g,
4g,

Bonded debt

1,

Floating debt
Totaldebt

<$10,000 due every 5 yrs. in Nov.)
4s, ..... $30,000*
May, 1925
4s,....,
5,000
Nov., 1925

Water Debt—
4g, M&N, $50,000*
4g, M&N, 65,000*
4s

2,000

"

Jan., 1929
Jan., 1900. .$499,000

$30,000*

3«ss

1900
1904 to 1919
Dec.

4s, ....,$40,000*

20,915
519,915
37,909
482,006

Sinking fund, etc
Net debt, Jau. 1, 1900.
Total valuation 1899 ...7,152,837
May, 1924 Total tax rate (per M.), '99. $16-00
Nov., 1924 Population in 1890 was
8,239
Nov., 1925 Population in l'JOO (est.)... 14,000
. .

Coupon.

INTEREST is largely payable

ST.

at Nat.

Bank

of

Redemption, Boston.

ALBANS.—

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.

LOANS—

<

name and PURPOSE.

Interest.

—

Principal,-

,

.

When Due,

P.Ct. Payable

yearly
Town— Refunding bonds. 3^ J & J $5,000
on July 1.
(The city's proportion is $35,22 1.)
Feb. 1, 1908-14
Town— Funding
1897
$5,000 yearly.
n J Oct.l,1900,to'09
City— Water bonds 1890
A & u
I $5,000 yearly.
^ < Dec, 1900-1907
'92
do
do
J & u
$5,000 yearly.
\

F&A

do

do

HISTORY OF DEBT.— For

history of the State debt see State
of April, 1895, page 18. The debt at present is
given in detail in the following table. All loans are payable, both principal and interest, in gold.
Interest.
-Principal.
When Due. Outstand'g.
P.Ct. Payable.
NAME AND PURPOSE.
& N Nov, 1, 1923 $1,000,000
Abolition of grade crossings r 3 ^ g
& N Nov 1, 1923 3,500,000
do
do
c 3^ g

and City Supplement

'94

Oct.

1900

Outstanding.

$40,000
)

$
>

.

1,

50,000

5

58,000

'18.

A& n
u $2,000 yearlv.
D ec. 30, 1900*21
Mr
r>
J & u
\ $1,000 yearly.
\
s

35,000

35,000

l

<

School Dist. bonds 1896

22,000

do
do

do
do
do
do

.

r

3 g

r 3 1*
r 3 g
r 3g
r 3g
r 3g
r 3g

Armory bonds, gold.
do
do
do
do
do
do

.

,

do
do
do

do
do
do

When Due. Tax
Tax
1. 1901-22

190a. $19,000
15,500
64,500
1, 1900...
is payable at Village

Feb.

John W. Kimball

Legislature meets annually the first Wednesday in January,
and sessions are not limited as to length of time.

.

village is in

(Subject to call after 1900.)

B mded debt

....

One of Original Thirteen
Admitted as a State
8,315
Total area of State (square miles)
Boston
State Capital
Governor (term expires 1st Wed. Jan., 1901 )-W. Murray Crane
Secretary of State (termexp. 3d Wed. Jan.. 1901; Wm. M. Olin
Treasurer (term expires 3d Wed. Jan., 1901) Edsv. S Bradford

LOANS

payable at the Nat. Bank of Redemption, Boston

PROCTOR. —This

Etc.

Fleetwood, Treasurer. Auditor

G.

County.

LOANS—

DEBT, RESOURCES,

.

.

MORRISVILLE.— F.

15

DEBT Of STATE.

do
do
do
do
do
do

r
r
r

RR. securities,'93.c*<fcr
Harbor improvement
Highways, gold
r
do
do
do
do
do
do
r

Fitchb.

Hospital loans

r

r
do
do
do
do
r
MedfleldlnsaneAsylum, g,'94r
do
do
do
do
Massachusetts War loan '98-99
Metropolitan sewer
r
do
do
do
do
do
do
do
do
r
do
do
...r
Parks (Metropolitan)
r
do
do
r
do
do
do
do
do
..1899r
do

3 g

M
M
M& X
M& N
M& N
M& S
M&
M&

M&
M&
M&
M&

8
8
8
8
8
S

3g
3
3^ g F & A
3^ .3>2gA & O
3^
3*2
A&O
3g A&O
3g
3g
3k M&N
3 hi g A & O
3*2 g A & O

M&N
M&N

3ifl

A&O
M& S

Nov.

1923
1928
1929
1918
1920
1921
1922
1923
1925
Ma<\, 1927
Aug. 1, 1913
Jan., 1937
Apr. 1, 1920
April, 1927
Apr. 1, 1928
Apr. 1, 1929
Nov. 1, 1925
Nov. 1, 1925
May 1. 1929
Apr. 1, 1924
Apr. 1, 1915

500,000
1,500,000
1,500,000
830,000
55,000
95,000
100,000
110,000
150.000
120,000
5,000,000
500,000
1,300,000
700,000
300,000

1,
1,
1,
Sept. 1,
Sept. 1,
Sept. 1,
Sept. 1,
Sept. 1,
Sept. 1,

May
May

.April,lP27

1928
1930
& S Mch. 1935
3g
313
Jan., 1930
3*2
Mar., 1935
July 1,1939
& S
3 g
3g M & S Mar. 1,1936
3i2gJ & J Jan. 1, 1934
3^ g J & J Jan. 1. 1936
3*2
..
Jan., 1937
J & J July 1, 1938
3>a
3g J & J July 1, 1939
State House
r 3g
J & J July 1, 1901
do
July 1,1901
r 3^2 g J & J
State House construction
r 3g
A & O Apr. 1, 1909
do
do
do
r 3g
A•v & O Apr. 1, 1915
do
do
do
r 3-ug A
Apr. 1, 1916
1 & O
do
do
do
3
April, 1917
do
do
do
r 3
Apr. 1, 1918
Water loan (Metropolitan) '95 3^g JI & J July 1, 1935
'97 3^2g Jr & J
do
do
July 1. 1935
'98 312
do
do
Jan. 1, 1938
Jr & J
da
'9 ».c 3g
do
J & J July 1, 1939
Temporary loan
310 ...
Nov. 15, li)00
PAR VALUE OF BONDS —The coupon bonds are in
$1,000 pieces and the registered $1,000 and upward.
INTEREST on all sterling bonds is payable by Baring
London on all others at State Treasury, at Boston.
3

2 g

M

Apr.
Jan.

1,
1,
1,

M

r

400,000
10,000
322,500
85,000
700,000
300,000
25,000
1.175,000
5,835,000
500,000
295,000

335,000
1,000,000
25,000
2.000,000
2.600,000
2,400,000
1,100,000
1,525,000
935,000
1,400,000
2,500,000
550,000
625,000
125,000
50,000
7,000,000
6,000,000
4,000,000
3,0 iO.OOO
1,000,000

$500 and
Brothers,

;

TOTAL DEBT, SINKING FUNDS, Etc.—The subjoined statement
PAR VALUE.—The City 4s are for $500 and $1,000 each.
shows Massachusetts' s total funded debt and the sinking fund.
INTEREST is payable in Boston at National Bank of Redemption.
Mar. 15, 1900.
Jan. 1, 1900.
Jan. 1, '99.
TOTAL DEBT, Etc.— Citv'stotal funded debt February 1,1899, was Total funded debt
$63,877,500
$67,456,229
$59,786,229

$248, i22; floating debt, $3,200; total debt, $251,422.
ASSESSED VALUATION.— City's assessed valuation (same as
actual value) in 1898 was $3,502,901, including polls; tax rate (per
$1,000) $22-00.

CITY PROPERTY.— The City owns its water works and two
dual capacity of 240,000,000 gallons.
In year
1898-99 cash water receipts were $16,984; operating expenses, $5,211
POPULATION.—Town's population in 1890 was 7,771 city's pop-

reservoirs, with a

;

ulation 1899 (estimated), 6,500.

VERGENNES,

DR. E. W. SHTPMAN, Mayor,
i J. A. HARRINGTON, Treasurer.
situated in Addison County.
When Due. Total debt Feb. 15 1900. $66,000
Water Bonds—
Tax valuation, 1899
832,019
4s, Aug. 1, $26,000.. June 1, 1908 Assessment about *% actual value.
4s, Sept. 1, 20,000. .Sept. 1, 1914 Tax rate (per $1,000) 1899. .16*50
Floating debt
$20,000 Population in 1890 was
1,773
This city

;

is

LOANS—

\

Interest on bonds due in 1908 is paid by the City Treasurer; on those
In 1914 interest is paid in Boston.

due

ADDITIONAL STATEMENTS.
We

debt.

Float'g
debt.

Bennington,(V.) B'enning. Co. $40,000$

Hardwiok, (V.) Caledonia Co.
Ludlow, (\.\ Windsor Co
Newport, (V.) Orleans Co
Northtiold, (V.) Wash'ton Co.
Randolph. (V.) Orange Co ..
Woodstock, (T.) Windsor Co.
*

32,600
28,500
40,000
35,000
17,000
11.700

Later estimate of population.

Assessed
valuation,

Tax

Pop'l'n
rate.
1890.
3,971

$2,183,820
363,494
600
431,128 $21-50 1,081
1,022,653 12-50 1,730
602,911 24-50 *1,500
1,000,000 11-00 1,634
14,208 2,869,856 15 50 2,545
1,400
6,000
12,000
2,300

Net debt

12,687,238

$51,190,262

15,767,137

$51,689,092

15,194,152

$44,592,076

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

Peal Estate.
'Personal Property
Total.
$2,247,094,547
$1,515,60;\757
$3,762,700,304
2,182,596,651
1,371,419,131
3,554,015,782
2,117,888,637
1,340,093,517
3,457,982,154
2,040,200,644
1,330,153,356
3,370,354,000
1,964,834,106
1,304,518,41"
3,269,3 C>2 523
1,898,855,000
1,222,194,557
3,121,049,557
1,839,663,813
2,911. 671, 346
1,072,007,533
1,753,655,698
2.797,267,723
1,043,612,025
1,600,137,807
2,613.215,137
1,013,077,330
1,287,993,899
2,115,037,609
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 New England States.
In 1790 numbers were 378,787 and in 1800 422,845 in the next fifty years the increase was to
994,514, and the 1890 Census showed a total of 2,238,943.
1895
610.408
2,495,345 1870
1,457,351 1830
1890
523.159
2,238,943 1860
1,231,066 1820
1885
472.040
1,942,14111850
994,514 11810
1880
737.699
1,783,085 1840
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 parsed
en 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
contained in Chapter 29 are as follows. We give only the substance
of the sections, not the words.
Tears.

1899
1898
1897
1896
1895
1894
1893
1892
1890
1885

;

In the table below we give statistics regarding minor civil divisions
In the State of Vermont having an indebtedness of over $10,000, and
which are not represented among the foregoing detailed reports.
add the population in 1890.

Bonded

Sinking funds, etc

I

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16

ST/VIE

*NB

CITY

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 tor determining whether the
limitation fixed bv Section 4 has been reached 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 :i s provided in the
following section shall become indebted in an amount which exceeds 3
per cent on the last preceding valuation [but amended as noted below.]

Section 5— Provides that cities and towns which were indebted on
the 13th day of June. 1ST."), 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 thai cities, &c, "may by ordinary rote 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
branch of the oity 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, &c, shall not increase their debt
by subscriptions in aid of railroads beyond 3 per cent of valuation but
the limitation of 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 1 885, 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
^ 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 bonds
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
In addition to
application passed with respect to debt limitation.
these General Provisions there are various Special Laws which contain
exceptions to the general law as to debt limitation, which apply to Boston, Cambridge, Lynn, Newburyport, Waltham, Worcester, &c, &c.
;

SAVINGS BANK INVESTMENTS-POWERS AND RESTRIC-

TIONS. —The

provisions regulating the investiuents 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 1899 the authority to purchase
railroad bonds was materially broadened. The amendmentis included
in the provisions below.
Massachusetts savings bank deposits and the income derived therefrom shall be invested only in manner following, to-wit
Public Funds.—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 date
of such investment 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 therein for the assessment of taxes.

Railroad Bonds and Notes.—Aggregate of Investments Unlimited

First mortgage bonds 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 3 per cent per annum on all its issues of capital stock for the two

SUf fttMtNT.

Vol.

LXX

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 railroaa

company.
Bonds or notes of any railroad company incorporated under the laws
of this 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.
Street railway companies shall not be considered railroad companies
within the meaning of thin 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 & 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
provided, 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 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 banks.
Bonds or notes of the Boston & 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 and
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 first mortgage indebtedness to the amount of three hundred and fifty thousand dollars, now existing upon that portion of the
railroad of the Boston Revere Beach & Lynn Railroad Company
lying between Boston and Lynn in this Commonwealth, 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 accord:

;

:

;

ing 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 Winthrup & 8hore

Railroad Company.
In the legally-authorized bonds of the New York Central & Hud
son River Railroad Company, of the Michigan Central Railroad
Company, of the Lake Shore & Michigan Southern Railway Company,
of the Illinois Central Railroad Compauy, 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 & 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-authorized 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 first 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 clause of this Act.
By the provisions of Section 4 of Chapter 516 of the Acts of 1896,
incorporating the Boston Terminal Company, savings banks and institutions for savings were authorized to invest in the mortgage bonds of
thai o'mpany.
Stock.— Thirty-five per cent of deposits, both as loans and
investments. Stock of any bank incorporated under the authority of this
Common wealth.
Stock of any national bank located in any of the New England
i

Bank

—

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 thirteeen 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

Ln sections tliirteen and fourteen ol
tour hundred thirteen.
Holdings, i/i/ way of investment or as security for loans, in the stock of
anyone bank, I nisi company, or safe deposit and trust company not to
exceed three per cent of deposits nor more than $100,000, nor an amount
exceeding one-quarter of the capital slock thereof.

the same .security as prescribed
said

<

1

1

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Bcal Estate for Banking Purposes.— Five per cent of deposits
but not exceeding $'200,000.— For the purpose of a site and the erection
or preparation of a Statable building for the convenient transaction of
Its business.
Real Estate by Foreclosure.—May bold real estate acquired by
foreclosure or otherwise; same to be sold within tlve years after the
Commissioners may in certain cases,
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
1886.

Loan* on Real Estate.— Seventy per cent of whole amount of
deposits.— First mortgages on real estate situated in this Commonwealth, to an amount not exceeding sixty per cent of the valuation
thereof, no loan to be made except upon report of not less than two
membors of the board of investment, who shall certify to the value of
tho premises to be mortgaged, such report to be filed and preserved
with the records of tho eornoratiou.

Loan* on Personal Security.— Tlurly-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 tho 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 live per cent of such deposits and income.
Loans on Railroad Stock "Aggregate of investments unlimited
—Notes of citizens of this Commonwealth, with pledge as collateral of
the stock of any railroad company incorporated under tho 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 five percent
per annum on all issues of its capital stock for tlve years next preceding
the date of such note or notes or any renewal thereof, at no more than
seventy-live 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
for the assessment of taxes
bonds or notes of any county or town
thereof whose net indebtedness* does not exceed three per cent of such
valuation.
Loans not to exceed thenar 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 Ave
per cent of the last preceding valuation of the property therein for the

—

;

—

;

;

assessment of taxes.

Loans not

to

17

TVT*6S*CttOS£TTS— CJT!£S ^TJB TOWNS.

April, 1900.

exceed eighty per cent of the market value of the securities

pledged.

Loans on Rai Iroad 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 lias 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 Now England states and whoso 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 tho Fitchburg Railroad Company.
Bonds or notes of the Boston & Lowell Railroad Corporation.
First mortgage bonds of the Concord & Montreal Railroad, notwithstanding such company be formed by tho 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, aud 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 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 securfng such payment at the maturity of the same,
shall be deposited with and held by such trust company, incorporated
under tho 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, shall be construed to
denote tho indebtedness of such city, town or district omitting the debt
oreated for supplying the inhabitants with water, and deducting the
amount of sinking funds available for the payment of such indebtedness

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 term- 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 d<
ited 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 or the Boston & Maine Railroad, Issued according to
law, notwithstanding any mortgages on that part of it^ railroad, franchises and property formerly belonging to the Eastern Railroad Company, the Eastern Railroad in New Hampshire or the Portsmouth
Great Falls <fe Conway Railroad.
First mortgage bonds of 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 to the last.
Loans not to exceed the par value of the securities pledged.
IiOanson Bank Stock.— Thirty-fiveper cent of deposits both asloans
and investments.—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 marketvame
of the slock pledged, and not exceeding the par value thereof.
Holdings,by way of investment or as security for loans, in the stock of
any one oank, trust company, or safe deposit <///</ trust company, not to
exceed 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 Banks.— 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
oompany, 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 live per cent of total deposits in any one such bank or company,
but such deposits shall not exceed in amount twenty-live per cent of
the capital stock and surplus of such depositary.
of Boston, as

—

Cities,

Counties and Towns
IN

THE

STATE OF MASSACHUSETTS/
Note.—For places not given in alphabetical order among the following
statements, see " additional statements " at the end of this State.
The gross interest-bearing debt of all municipalities of the State was
$176,203,235 on May 1, 1899, at an average interest rate of about 4
per cent. The amount raised by taxation for interest alone in 1899 was
estimated at $7,04=8,129.
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
Year.
Valuation.
Net Debt.
Percentage.
1899
$2,876,021,222
$128,051,487
44
1898
2,764,242,784
4-3
121,385,139
1897
2,702,328,054
115,798,889
4-2
1896
2,622,520,278
104.702.875
39
1895
2,542,348,993
98,511,920
38
1894
2,471,521,505
87,786,918
35
1893
2,428,339,029
3-2
80,125,652
1892
2,333,025,090
76,483,323
32
1891
2,245,042,273
73,066,660
32
1890
2,154,134,626
70.742,786
32
1885
1,782,349,143
63,306,213
35
1880
4-3
1,584,756,802
68,512,929
1875
1,840,792,728
71.7S4.006
38
1871
1,497,351,636
39.421.298
26
.

.

ABINGTON.-G.
This town

is

in

LOANS-

WATBB

R. Farrar, Treasurer.
Plymouth County.
VThcn Due. Bonded debt Jau.l, 1900.$125.000

Li) \N

Floating debt

34.910

May, $85,000. .May 1, 1900 to Total debt Jan. 1, 1900.. 159,910
($5,000 due yearly). .May 1, 1916 Tax valuation 1899
2,316,341
•Is. Jan. ,$16,000.. ...Ian. 1, 1901 to
Prop'tv is assessed at actual value.
$1,000 due yearly). .Jan. 1, 1918 Total tax (per $1,000) '99. .$21-70
Is, M4N, $3,000
May 1, 1926 Population in 1900 (est.)
4,600
4s, May, 11,000
1917 to '25 Population in 1S90 was
4,260
4s
3,000
1928
INTEREST is payable in Boston at the National Bank of Redemption.
4s.

,

ADAMS. —This town
NOTES—
Is,

SAO, $20,000.. Oot
8.5(H)

6,500
...

-lo.ooo

7.000

An wis
BS, AA.-0,

4s,

A&O,

Fini; IMst.

is

in Berkshire

County.

When Due. Adams Fire DDT. Wat. BOS.— Con.

1902-05
1900
....Oct.i. 1901
Oct 6, 1906
Oct 3, 1907
3,

W it. Bonds

$70.000... .Oe'.. 1901-14
30,000. ...Oct., 1909-14

4s.

AA-O.

(7.500

rown debt Mar.

1.

Oct. 4.1904
1900... $82,000

Fire district debt (add'l).. 107.500
Tax valuation 1 899
4.636,277
Total tax (per $1,000) 1-599. $19-50

Population
Population

In
in

1895 was
1890 was

7.S37
9.213

ST*T£ AflD
18
AGAWAM.-J.
W. Hastings, Treasurer.
Hampden County.
Agawam
is

1,177,990
Tax valuation, real
On demand. Tax valuation, personal 1 *9.7 10

Oct. 1, 1900
($2,500 due yearly) to Oct. 1, 1901

March,

$2,000

&

J

Sinking fund
Net debt Feb.l, 1900...

Schools,

25,000. ...Junol, 1914

Total valuatiou 1899
1,347,700
Property assessed at actual value.
. . .

On demand.

800

D,

J&D, 5,000
($1,000 due yearly
4s, J&D, $5,000
1,000
4s. J&D,

1900 1904 Tax (per $1,000), 1900
Population iu 1900 (est
on June 1.)
June 1, 1905 Population 1890 was
1909 Population 1880 was

$1.V20
2,500
2,352
2,216

)

1900.. ..$38,800
INTEREST on notes due in 1914 is paid iu Boston; on those due od
demand at Agawam; on all others at Springtield.

Total debt Feb.

1,

ah/tccdttdv
AMhbDUK
Y. —
Amesbury
township

is

LOANS—

5 PORTER SARGENT,

Treasurer.

}n. e. COLLINS, Clerk.
Essex County.
When Due. Net debt Jan. 1, 1900....
in

$87,000

i

Tax valuation, real
4,073,456
1902-1912 Tax valuation, personal. 1,078,975

Funding Bonds:

J&J, $71,000
<$23.O00 in 1902, $23,000 in 1907,
$25,000 in 1912).
T'l bond.debtJau. l.'OO. $141,000
30,0 *0
Floating debt
Total debt Jan. 1, 1900.. 171,000
84,000
Sink, fund assets
4s,

C. H.
AMHERST.—
Hampshire
town

'

I

Total valuation, 1899. .5,152,431
*~ actual value.
Total tax rate (per M.) 1899.$17-50
Population in 1900 (est.).... 10,000
Population in 1890 was
9,798

Assessment about
]

I

I

is

in

. . .

and 1913 and $30,000

$8,500

in 1928.)

A&O, $30,000.... Oct.
Water Bonds —

1,

1904

M&N,

$95,000..

)

Bonds—

Oct.

($1,000 due yearly) to Oct.

M&S, $2,000

1,
1,

Men.

1,

($1,000 due yearly) toMch.
J&D, $4,050
Dec.
($1,350 due yearly) to Dec.

1,

4s,

4s,

J&D, $40,000

June

Sewer Loan—
M&N, $18,000

1,
1,
1,

1900
1901
1901
1902
1900
1902
1917

Nov. 1, 1924
July 1,1926
J&D,
June 1, 1927
Street & Fire Dept. Loan—
4s, J&D, $3,300
Junel, 1900
($500 y'rly to 1905; $300 in 1906.)
4s, A&O, $25,000
Oct. 1, 1908
4s, J&D,
5,' 00. June, '00, to '09
4s,
48,
4s,

J&J,

9,000
6,000

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

1901-1905

Bonded debt Jau.l, 1900. $260,000

Nov.1,1900 to
Nov. 1, 1918
Nov. 1, 1919
Junel, 1922
Junel, 1923

F&A, $14,000

1, '00, to

Aug.

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

'17

1900
1907
1900
1909
1925
1926
1926
1,1929

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

J&D, $5,000
June
($500 due yearly) to June
4s, F&A, $8,000
Aug.
4s, J&J,
6,000
July
4s, J&D,
5,000
Dec.
4s, J&D,
7,000
June
is
Interest
payable in Boston.
Bonded debt Jan. 1, 1900 $18K,350
Water debt (included)...
45,000
Tax valuation, real
3,749,545
Tax valuation, pers'l
1,319,235
Total valuation 1899
5,068.780
Assessment same as actual value.
Total tax (per 1,000) '99
$1640
Population in 1900 (est.)
3,500
Population in 1890 was
2,098
4s,

4s, M&N, $60,000 . . Nov. 1, 1903
4s, J&D,
10,000 . Dec. 31, 1900
4s, J&D,
10,000... Dec. 31, 1901
3*38, J&D,
5,000.... On demand
.

. .

is

H. Tucker, Treas.

is Pittsfield.

M&N, $25,000..Nov. 1902-1905
($10,000 in yrs. 1902 and 1904 and
$5,000 in 1905.)

Interest payable at Pittsfield.
Total debt Jan. 1, 1900 $110,000
Tax valuation 1898
56,294,309
Population in 1895 was
86,262
Population in 1890 was
81,108

WEBBER,

P.Ct.

Town bonds
Town notes

Mayor.

—
J&J
J&J
F&A

Interest.

-

NAME AND PURPOSE.

Refunding Notes—

3s,

LEE, Treasurer.

in

LOANS—

1925
1928

48,

BERKSHIRE CO.— Geo.

B. D.
C. F.

1,
1,

J&D, $9,000-June

Water Loans—

4s,

This city

Floating debt
36,500
Total debt
296,500
Sinking fund
<$5,000duevearlv) S
16,153
Netdebt Jan. 1,1900.... 280.347
4s, M&N, $15,000
Tax valuation 1899
10,000
5,110,982
4s, J&D,
Real valuation (est.).... 5.500,000
10,000
4s, J&D,
Tax rate (per $1,000) 1899..$16-00
Population in 1895 was
6,148
INTEREST is payable at the Nat. Bank of Commonwealth, Boston.
4s,

St.

BEVERLY.—
Essex County.

MnniTTD

GEO. A. PARKER, Treasurer.
a
.A.IN1_KJ
V tLti.. 5} ABRAHAM
MARLAND, Clerk.
This town is in Essex County.
Water Bonds.—Con.
When Due.
LOANS—
4s, J&D, $15,000.... June
Sewer Bond* —
Junel, 1903 4s, J&D,
5,000.
June
4s, J& '), $80,000
Park Notes—
($10,00D in 1903, $20,000 in 1908
3*2S.

School House and
4128, A&O, $2,000
4s,

Fire Dept. Bonds—
4s,

A&O, $5,000

When Due.
LOANS—
New County Building Debt—

Treasurer.

County.
When Due. Total debt Feb. 15, 1899. $105,000
LOANS—
Total valuation 1899
Railroad Bonds—
3,176,043
Assessment about actual value.
Nov. 7, 1901
4*2S. J&J, $13.000
(per
Total
tax
$17-00
$1,000)
1899
Refunding Bonds—
4,794
4s. g., J&J, $50,000 ...Jan. 1, 1920 Population in 1895 was
Population in 1890 was
4,512
This

4»2S,

County seat

I

Edwards,

LXX

is in

LOANS—

When Due.
Refuxd'g and School House—

Notes for
Roads, Bridges—

J&D,

This

$«,034
32,766

When Due.

Town

Vol.

BELMONT.—
W. L. Chenery, Treasurer.
town
Middlesex County.

in

LOANS—

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

01TY SUf ft£M£NT.

4
6

.

Principal.Outstand'g.

,

When Due.

Payable

July

1911

$793,000
20.000
Park bonds
25,000
Sewerbonds
4
$4,000 y'rly
40,000
Water bonds
4
Feb. 1, 1917
150,000
Water notes, 1896
20,000
< Dec. '00-05)
=
Schoolloan
42,000
°
I $8,000yr'ly \
INTEREST is payable in Boston by the First National Bank.
BONDED DEBT on Jan. 1, 1900, was $1,090,000: floating debt
$60,000, total debt $1,1 0,000, sinking fund $369,188 95. Water debt
(includedl), $170,000, sinking fund, $44,039 71.
ASSESSED VALUATION in 1899 was: Real estate, $11,704,600;
personal property, $4,493,250 total, $16,199,850; total tax late (per
1,

;

ARLINGTON.— B.
This town

is

in Middlesex

Delmont Locke,

Treasurer.

County

A&O, $5,000
A&O. 15.000
Nov. 1, 1913
A&O, 10,000
4s, M&N, $64,600
30,800.... Nov. 1,1906 4s, A&O, 10,000
4s
Other debts
Sewer Bonds 1896—

LOANS—

High School Loan—

4s,
4s,

J&D, $100,000.

4s,
4s,
4s,

J&J, $91,000
J&J, 92,000
A&O, 92,000

. .

.June

Water Works—

L

This town

is

1,

1936

On demand

10,500

irlKJi-,. —
AATUHT

When Due.

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

HENRIE C. FAY, Treasurer.
\ GEORGE HARRIS FO YE, Clerk.
<

situated in Worcester County.

LOANS—
—

When Due.

Old Debt

Sewer Loan
4s,

Oct.
J&J, $22,500
(Part due yearly) to Oct.

4*88,

1,
1,

School Loans—

A&O, $23,500

Oct. 1,
(Part due yearly) to Oct. 1,

4s,

Oct. 1. 1926
Oct 1.1928
Oct. 1, 1927
Oct. 1,1925
$6,416
Total debt Sept. 1, 1899. 527,316
Tax valuation 1899
8,843,061
Tax rate (per $1,000) 1899. $17 70
(Assessment at actual value.)
Population in 1899 (est.)
8,000
Population in 1890 was
5,629

4s,
4s,
4s,

1900
1905

8cH.,ST.lMP.&F.AL'iiLo'N(Notes)
Oct. 1, 1900
A&O, $8,400
(Part due yearly) to Oct.

1,

July

Engine House—
4^8 & 4s, A&O, $4,500.Oct.
($1,500 due yearly) to Oct.

1,

1924

1900
1902
4s,
1900
A&O, $9,450
Oct.
1900
1904 ($1,350 due y'lv).... to Oct. 1,1906

4s,

Refunding Loan—
3%s, A&O, $9,250

(outside debt limit.)

J&J, $50,000

1905

1900-1908

1,
1,
1,

Total debt Feb. 1, 1900.. $152, 150
Tax valuation 1899
4,133,795
$18-90
Tax rate (per M) '99
Population in 1895 was
7,360
Population in 1890 was
6,319

9,550. .Oct. '06 to '10
The sewer loan is secured by sinking fund.
INTEREST is payable in Boston, Worcester, Greenfield and AthoL

3^8

,

ATTLEBOROUGH.-J.
which

T. Bates, Treasurer.

is in Bristol County, was divided July 30, 1887,
Attleborough,
and the outstanding bonded debt of $100,000 was apportioned $62,930
(since paid) to Attleborough and $27,802 to No. Attleborough, which see.
When Due.
Water Bonds— (Con.)
LOANS Town Bonds—
3*2g, J&J. $15,000.... July 1, 1929
Jan. 1,1906 Bonded debt Jan.l,1900.$343,00t
4s, J&J, $50,000
Floating debt
Water Bonds—
47,000
Jan. 1, 1904 Total debt Jan. 1, 1900.
390,000
7s, J&J, $40,000
Oct. 1, 1902 Sinking fund assets
4s, A&O, 20,000
74,893
Oct. 1,1912 Netdebt Jan. 1, 1900.... 315,107
4s, A&O, 20,000
Sept.1, 1915 Net water dbt (incl.above) 293,000
4s, M&S, 12,000
Jan. 1, 1919 Water deot sinking fund
20,000
4s, J&J,
Jan. 1,1921
18,000
(incl.above)
4s. J&J.
51,666
Oct. 1,1922 Tax valuation, real
5,055,937
4s, A&O, 25,000
July 1,1923 Tax valuation, personaLl, 335,031
35,000
4s, J&J,
July 1, 1924 Total valuation 1899....0,39«,9t>8
4s, J&J, 40,000
July 1,1926 Total tax per $1,000 189J.. $17-00
4s, J&J, 25,000
July 1,1927 Population in 1895 was
10,000
4s, J&J,
1,288
July 1,1928 Population in 1890 was
13,000
4s, J&J,
7,577

AYER.-E,
This town

is

D. Stone, Treasurer

situated in Middlesex County.

When Due. Tot.bond.debtFeb. 1,1900. $69, 865
LOANS—
Water debt (incl above)
School House Loan (Notes)—
65,000
.

4s, var.,

$4,685

1900-1903

Water Debt (Notes)—

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

F&A, $6,000
F&A, 10,000
F&A, 15,000.
F&A, 24,000

Interest payable at Ayer.

1903
1908
1913
1918

. .

Assessed valuation 1898.1,450,329
Total tax (per $1,000) 1899.$15"40
Population in 1895 was
2,101
Population in 1890 was
2,148

$1,000), $16-00.

POPULATION

1895 was 11,802

in

RHQTDM —

£3<^»0

-L

5

^-»1N.

£

THOMAS
ALFRED

V.
T.

;

in

1890 was 10,821.

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 aU the county income, pays all the county expenses,
owns the county buildings, and is responsible for the county debt, which
amounted on Jan. 31, 1900, to $3,533,000. The details of this county
debt are included in the following financial report for this city.

LOANS-

When Due.

Bridge BONDS4s, A&O, $160,000.

.Oct. 1,

4s, J&J,
90,000... Jan. 1,
3i2S,A&0, 250,000... Oct. 1.
3*28,A&0, 21,000... Oct. 1.
3*28, J&J, 130,000.. Julv 1,
3*28, J&J,
500,000... Ju'yl,
3 i^s, J&J.
300,000... Jan. 1,
3^8, J&J, 300,000. .July 1,

1911
1912
1917
1918
1919
1937
1938
1939
1934
1935
1936
1936
1918
1940

When Due.
LOANS—
"Miscellaneous Loans"— Con.
3128, J&J, $300,000. ..July 1, 1904
3i«s.J&J,

300.000... Jan. 1,1905
90.000. ..Oct. 1, 1906
A&O 145,500.. .Oct.15, 1906
J&J,
606,000... Jan. 1, 1907
312s, J&J, 833,000 ..July 1, 1907
3is8, A&O,
13,800... Oct. 1, 1907
3*28, J&J,
50,000... Jan. 1,1908
4s, A&O,
10,000... Oct. 1,
3^8. J&J, 11,500.. .July 1. 1908
4a, A&O,
10, 000... Oct. 1,
3^8,A&0, 250,000. Oct. 1, 1908
48
30,000... July 1,
3^s, A&O, 178.400.. .Apr. 1.1V09
4s, A&O,
100,000. ..Oct. 1,
3^8, J&J, 209,600.. .July 1,1909
3 ^s. A&O,
50,000. .Oct. 1,
3i*s,A&0,
17,600 .Oct. 1, 1909
S^s.J&J, 400,000. -Jan. 1,
3s, A&O,
92,000.. .Oct. 1, 1909
Highways—
3 4),sJ&D,
13,200.. .Dec. 1, 1909
4s, J&D,
$50,000. Junel, 1901 4s, A&O, 1,599,725 .Apr. 1, 1912
4s, A&O,
25,800... Apr. 1, 1902 4s, A&O, 1,164,100
Apr. 1, 1913
4s, J&J.
31,000... July 1, 1912 4s, A&O, 1,350,000... Apr 1. 1913
4s, A&O,
243,200 .Oct. 1, 1912 4s, A&O,
599,800... Oct. 1, 1914
4s, J&J,
150,000... Jan. 1, 1913 4s, A&O,
367,000... Apr. 1,1915
4s, J&J,
350,000. . . .July 1,1913 4s, A&O,
401,500... Oct. 1,1915
4s, A&O, 150,000.... Oct. 1,1913
4s, J&J, 1,115,700. ..Jan. 1, 1916
4s, A&O, 500,000.... Apr. 1, 1914
4s,
589,500... July 1, 1916
4s, J&J,
500,000. ...July I. 1915 4s,
3,000.. Apr. 1, 1916
4s, J&J,
July
150,000....
1,1916 4s, A&O 192,500... Oct. 1.1916
48,
700,000.... July 1, 1916 4s,
223,500... Nov.30,1916
3^s, J&J, 500,000.. ..Jan. 1,1917 4s, J&J,
32,000... Jan. 1, 1917
4s,
J&J. 150,000. ...July 1, 1917 4s, J&J.
13.500.. Jan. 1, 1917
S^s.A&O, 200,000.... Oct. 1, 1918 4s, A&O,
3,000.. Apr. 1, 1917
3>ss, J&J, 825,000 ...July 1, 1919 4s, J&J,
309,000... July 1, 1917
3^s, J&J, 750,000.... Jan. 1, 1928 3^8, J&J, 203,500... July 1, 1917
3*28, J&J,
5,000.... July 1,1928 4a, A&O,
169.000.. . Oct. 1. 1917
3128.A&0, 606,000.... Oct. 1, 1928 3^8, J&J, 155,800 .. Jan. 1. 1918
3^8, J&J,
650... Jan. 1, 19J9 3*28, A&O, 274,000.. Apr. 1, 1918
3^s A&O, 99,800.... Apr. 1, 1929 3128, J&J,
80,000. ..July 1, 1918
3Hss,*&0. 35,000.. Oct. 1, 1929 3s, A&O,
18,000... Oct. 1,1918
3Hs, J&J, 643,000... Jan. 1, 1930 3^8, A&O, 228,100.. .Apr. 1,1919
Library Bonds—
3!-2S, J&J, 531,500. ..July 1,1919
4b, J&J, $297,000 .. .July 1 1 900 3s, A&O,
8,000. ..Oct. 1, 1919
4e, A&O,
14,000.. Oot.,
1900 3 >2S,A&0, 10,000 .Oct. 1, 1919
4s, A&O,
189,000. .Jan. 1, 1901 3l28,I&D, 43,500.. Dec. 1, 1919
4s, J&J,
44,000. .Jan. 4, 1916 3»28,A&0,
25,000 .Oct. 1, 1928
4s, A&O,
175,000. Oct. 1, 1922
Park Bonds—
4s, J&J,
200,000. Jan. 1. 1923 4s, A&O, $200,000 ..Oct. 1, 1900
4s, A&O,
325,000. .Oct. 1, 1923 4s, J&J,
343,000 ..Jan. 1, 1913
4s, A&O,
100,000. .Oct. 1. 1924 4s, A&O
913.000. ..Apr. 1, 1913
4s, A&O,
49,500. .Jan. 1. 1925 4s, J&J,
1914
500,000 ..Jan.,
4s, A&O,
150,500.. .Oct. 1, 1925 4s, A&O,
75,000 ..Apr. 1, 1914
3^s,A&0, 100.000.. Oct. 1, 1918 4s, A&O, 500,000 ..Oct. 1. 1914
Miscellaneous " Loans—
4s, J&J, 1,000.000 ...Jan. 1, 1925
4s, A&O, $670,000... Oct. 1,1900 4s,
A&O, 50,000 ..Oct. 1, 1927
4s, J&J,
460,000. Jan. 1, 1901 3ias,A&0,
20,000 ...Apr. 1, 1916
4s, J&J,
25,000... Jan. 1, 1902 3i«s,A&0,
55,000 ..Oct. 1,1916
3ias,A&0.1, 275,000... Apr.l, 1902 3138, J&J, 500,000 ...Jan. 1, 1927
3^8, J&J, 300,C00...Jan. 1, 1903 3%3, J&J, 450,000. ..Jan. 1, 1928
3^8, A&O, 100,000... Oct. 1, 1903 3*23, A&O, 50,000. ..Apr. 1, 1928
.

4s,
4s,
4s,

A&O,

"

.

,

. .

i—r

:

stony Brook, &c.,Im. Bos.—Con
A&O, $30,000.... Oct. 1,1913
3 >s8,A&0. $450,000. .Oct. 1, 1923
A&O. 100,000.... Oct. 1,1936
July 1, 1937
3 Us, A&O, 29,000. ..Oct 1,1915 3^s, J&J, 300,000
3!28, J&J, 500,000... July 1, 1929 3>2s, J&J, 100.000
ran. 1,1938
000..
..July 1, 1939
3^s,J*J, 561,000.. Jan. 1, 1930 3ks, J&J, 350

When Due.
LOANS—
Park Bonds— (Con. )—

Fakk Construction—
4s,
4s,
4s,
4s,
4s,
4s,
8,

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

J&J,

A&O,
J&J,

A&O,
J&J,

A&O,
J&J,

J&J

16,400
A&O,
44,100.
500,000.
J&J,
3^8, A&O, 151,000.
49,000.
3>28, J&J,
3 "28, J&J 500,000

.July,
.Oct.,

.Jan. 1,
.Apr. 1,
.July 1,

Jan

Park Loan ok May

4s,
4s,

Street, Etc.,

$450, 000... Jan. 1,1918
1918
5,000... Apr.,
1918
5,000... July,
1918
40,000... Oct.,
480,500... Jan. 1, 1919
1919
16,000 ..Apr,
1919
3,500. ..July,
439,500... Jan. 1, 1920

J&J,

1,

1920
1920
1921
1929
1929
1937

20, 1891

—

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

J&D, $700,000.... June 1, 1921
A&O, 200,000.. .. Apr. 1, 1922
A&O, 301,000.... Oct. 1.1922

4s,

A&O,

J&J,
J&J,

19

WA6S*CttUS£TTS-CiTJ£S MIS TOWTJS,

April, 1900.

250,000.... Jan. 1, 1923
500,000.... July 1, 1923
450,000.... Oct. 1,1923
99,000. . ..Jan. 1, 1924

Bonds—

$1,000 ...Jan.
5s, J&J,
3»2S. J&J,
22,( 00.. .Jan.
4a, A&O, 335,000.... Oct.
25,000.... Oct.
4s, A&O,
4s, A&O, 260,500... .Apr.
4s, J&J,
50,000
ran.
4s, J&J,
100,000. ...July
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
312s, J&J, 50.000.. ..Jan.
312s, J* J, 500,000.... Jan.
312*, J&J, 181,480
July

3%s,A&0,

4,500.

.

1, 1874
1, 1909
1,1911
1,1912
1. 1913
1,1914
1,1914

1,1914
1,1914
1, 1935
1, 1936
1, 1917
1. 1937
1,1913
.Oct. 1,1918
July 1, 1938
Oct. 1, 1938

3^8, J&J, 209,000
3i28,A&0, 541,000
Pum 10 I.upkovkm't Bonds—
3i2S,A&0, $616,000 ..Oct. 1, 1938

Water Deut

-

Orons Diht.

Ytars.

Sinking Funds.
$25,367,587 13
24.324,566 93
21,604,153 72

$71,902,600 57
65,665,774 64
59,337,964 93
54,41 8,535 00
56,908,148 00
53,930,095 22
42,962,180 02
40,949,332 18

1897
1896
1 895
1 894
1893
1890
1885
1881

20,482, '297 OO

25,477,632
22,505,598
18,022,484
14.511.849

00
72
25
19

Net Debt.
$46,535,013
41,341,206
37,733,811
33,936,238
31,430.466
31,424,496
24,939,695
26,437,482

44
71
21

OO
OO
50
77
99

DEBT LIMITATIONS.—The

general provision as to debt limitation which applies only to Boston is found in the .Supplement to the
Public Statutes of Massachusetts, Laws of 18s5, Chapter 173. The
act is entitled "An act to limit the municipal debt of, and the rate of
"taxation in, the city of Boston."
Section 1— Provides that the taxes exclusive of State tax and of
sums required by law to be raised on account of the city debt shall
not exceed in any one year $9 on every $1,000 of the average of the assessors' valuation for the preceding Ave years, the valuation year
to year being first reduced by all abatements.
Section 2— Provides that the limit of indebtedness of the city of
Boston shall hereafter be 2*2 per cent until January 1, 1837, and thereafter shall be 2 per cent on the average valuation prescribed in section
1

of this act.

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 1691. the city is
1901
1901 authorized to anticipate its authority to borrow money within its debt
limit
for any current municipal year.
1901
1902
LOANS AUTHORIZED—The following is a summary of
1903 loans authorized
but not issued as of Jan. 31, 1900
1904
Inside
Outside
1904
Purpose of Issue—
Debt Limit.
Debt Limit.
1905 Rapid transit
$2,384,000
1905 School houses
$300,000
300,000
1905 South Union Station
450,000
6s, A&O,
6,000.... Oct.
1905 Laying out and construction of highways
1,419,550
6s, J&J,
82,550.... Jan.
1906 Bridges
100,000
6s, A&O,
8,750.... Apr.,
1906 Plav grounds
200,000
6s, A&O,
4,000.... Oct
1906 Park
7f,000
6s, J&J,
8,000.
.Jan.,
1907 Sewerage
900,000
Park Lands—
6s, A&O,
5,000. ...Apr.,
1907 Miscella»eou8
24.C00
1,000. ...July,
4s, J&J,$100,000. ...July 1, 1924 6a, J&J
1907
4s, A&O, 100,000 ...Oct. 1, 1924 5g, A&O, £399,500 ...Oct. 1, 1902
Totals
$1,149,000
$5,003,550
4s, A<fcO, 50,000.....Apr. 1, 1925 5g, A&O. $552,000. ...Apr. 1. 1906
In addition to above, loans have been authorized outside of debt
4s, A&O, 208,000.....Oct. 1, 1925 5g,A&O,l,000,000. ...Oct. 1, 1905
limit without limit as to amount, for charlestown Street improve4s,
11,300.....July 1, 1926 5g,A&O,2,000,00O. ...Oct. 1, 1906
3ifi8,J&J, 400,000.. July 1, 1917 5s, A&O,
1,000. ...Oct. 1. 1907 ment, Cambridge Bridge sewerage charges and Atlantic Avenue ex3»28,J&J, 600,000.. Jan. 1, 1920 5s, A&O,
12,000. ...Apr.,
1908 tension. The amouuts issued to date on the first three mentioned
Rapid Transit—
4^g, A&O. 268,000. ..Oct. 1, 1909 were $165,000, $350,000 and $400,000, respectively.
Oct. 1. 1934 4s, A&O, 588,000.... Apr. 1,1908
4a, A&O, $50,000.
BORROWING POWER.—The city's borrowing power Jan. 31
4s, A&O 1,000,000.... Apr. 1, 1935 4s, J&J,
82,000.... July 1, 1909 1900, is shown Ln the following
statement:
3*28, J&J, 250,000.... Jan. 1,1936 4s, A&O, 280,000.... Apr. 1,1910
Total debt, city and county
$86,966,578 98
3*28,
500,000.... Apr. 1, 1936 4s, A&O, 324,000.... Apr. 1, 1912
Less
special loans (outside of limit)
$36,566,450 00
3i28,A&0,l, 500,000.. .Oct. 1, 1936 4s, J&J, 111,000.. ..July 1, 1913
do county loans (outside of limit)
2,921,000 00
3>28, J&J, 1,000.000.. .July 1, 1937 48, A&O, 336,000.... Oct. 1, 1913
do Cochituate water debt
17,306,273 98
3>28, J&J, 200,000... Jan. 1, 1938 4s, J&J,
466,000.... Jan. 1, 1914
18,500.... Apr. 1, 1914
3^8, A&O, 200,000... Apr. 1, 1938 4s, A&O,
Total deductions
56,793,723 98
School Houses & Sites—
4s, A&O,
16,000.... Oct. 1, 1914
4s, A&O, $500,000.... Apr. 1,1911 4s, J&J,
50,000.... Jan. 1, 1915 Total debt less above deductions
$30,172 855 00
4s, A&O, 250,000.... Oct. 1,1914 4s, A&O, 145,700.... Apr. 1, 1915
Sinking funds, leas $16,596,440 90 held for loans de4a, J&J, 300,000.... Jan. 1,1917 4s, A&O,
23,000.... Oct. 1, 1915
ducted as above (water loans, etc.)
11,100,621 52
3i2S,A&O,100,000....Oct. 1,1917 4s, J&J,
58.000.... Jan. 1, 1916
4s, J&J, 500,000.. ..July 1,1926 4s, A&O, 128,500.... Apr. 1,1916
Net debt, excluding debts outside of limit
$19,072,233 48
4s, J&J, 150,000. ...July 1, 1927 4s, A&O, 286,300.... Oct. 1, 1916
Ian. 1.1928 4s, J&J,
21,000.... Jan.,
1917 Two per cent on $1,007,017,424 (average valuation tor
3V, J&J, 500,000
3i2S.AAO.650.0O0.... Oct. 1,1928 4s, A&O. 161,000.... Apr., 1917
five years.less abatements)
$20,140,348 48
312s, J&J, 25,000 ...July 1,1929 4s, J&J,
7,000.... July 1,1917
19,072,233 48
3i«B,A&O,300,000 .. Oct. 1,1929 4s, A&O, 160,700.... Oct. 1, 1917 Net debt, aa above
3i«8,J&J, 475,000 .. Jan. 1,1930 4s, J&J,
20,000.... Jan.,
1918 Right to borrow Jan. 31, 1900, under chapter
178
4s, J&J,
6,300.. ..Apr.,
1918
500,000.... July I, 1935 4S.A&0,
acta of 1885
$1,068,115 00
Sewerage Bonds
4s, A&O, 100,000.... Oct. 1, 1918
Right to borrow Jan. 31, 1900, under chapter 93-,
5s, A&O, $18,000.. .Oct. 1, 1900 4s, A&O, 200,000.... Apr. 1, 1919
acts of 1891, estimated
$2,474,255 40
4s, J&J,
24,000.... Jan.il, 1901 4s, A&O, 300,000.... Oct. 1, 1919
Bonds to the amount of $1,149,000 inside of thedebt limit have been
4s, A&O,
5,000. ...Apr.l, 1901 4s, A&O, 384,000.... Oct. 1,1920 authorized, but
are not yet issued.
4s, A&O,
10,000. ... Oct. 1, 1901 4s, A&O, 100,000.... Apr. 1, 1921
4s, J&J,
8,000. .. .Jan. 1, 1902 48, A&O, 162,500.... Oct. 1,1921
ASSESSED VALUATION.— The city's assessed valuation of real
48, A&O, 317,000.. .. Apr. 1, 1902 4s, J&J, 100,000.... Jan. 1, 1922
estate and personal property and tax rate have been as follows:
4s, A&O, 627,500.... Oct. 1,1902 4s, A&O,
75,000.... Apr. 1,1922
Assessed Valuation.
.Kate of Tax
4s, A&O,
22,500.... Jan. 1, 1903 4s, A&O, 283,000.... Oct. 1,1922
Years—
Real.
Personal.
Total.
per $1,000.
4s, A&O, 500,000.... Apr. 1, 1903 4s, A&O, 576,275.... Oct. 1, 1923
1899
$866,773,300
$233,034,820 $1,089,808,120
$1310
4s, A&O, 251,000. .. .Oct. 1, 1903 4s, A&O, 644,225.... Oct. 1, 1924
1898
830,233,900
205,8^5,518
1,036,099,418
1360
4a, J&J, 500,000.... Jan. 1, 1904 3128, A&O, 50,000.... Apr. 1, 1915
1897
803,360,550
208,721,659
1,012,582,209
1300
4s, J&J, 2 17,000.... July 1, 1904 312s, A&O, 50,000.... Oct. 1,1915
1896
770,261,700
210,990,726
12<H)
981,252,426
312S.J&J, 150,000. ...July 1, 1904 3 Vs, J&J, 100,000.... Jan. 1,1916 1895
744,743,550
206,618,969
951,362,519
12-80
4s, J&J,
1916 1894
50,000.. ..Oct. 1,1904 312s, J&J, 75,000.... July,
723,728,750
204,363,706
928,092,456
1280
3s, A&O, 100,000 ...Oct. 1, 1904 312S.A&0, 25,000.... Oct.,
1916 1893
707,762,275
216,331,476
12-80
924,093,751
4s, J&J,
50,000.... Jan. 1, 1905 312s, A&O,275,000....Apr. 1, 1917
1890
619,990,275
202,051,525
822,041,800
1330
4s, A&O,
51,500.. .. Oct. 1, 1906 3128.J&J, 100,000.... July 1,1918
1880
437,370,100
202,092,395
639,462,495
1520
48, A&O, 42 1,000.... Oct. 1,1911 3i2S,M&N,130,000....Nov.30,1919
1870
365,593,100
218,496,300
584.089,400
1530
4s, J&J,
250,000. .Jan. 1, 1912 312s, A&O,145,000....Oct. 1, 1919
The tax rate for 1899 includes the State tax $055 per $1,000; the
4s, J&J,
50,000. .July 1, 1914 312s, J&J,220,000....Jan. 1.1920 county tax, $0-95 the city
tax proper, $11-60; total, $1310.
4s, A&O,
67,650 .... Apr. 1,1915 3»28, A&O,150,000....Oct. 1,1927
POPULATION.— State census, 1895, was 494,205. In 1890 popu4s,
35,000.... July 1, 1916 312s, A* 0,200,000.... Oct. 1, 1928
.July 1, 1905 3128, J&J, 435,000.... July 1, 1929 lation was 448,477 in 1880 it was 362.839 in 1870 it was 250,526.
3Hjs, J & J,100,000.
3128, J&J, 50,000.... Jan. 1,1906 3s, A&O, 200,000.... Apr. 1, 1917
Suffolk County Debt.
3128, A&O,359,000....Oct. 1,1906
See City of Haverhill.
3i«8, A&O, 25,000. ..Apr. 1,1908
Court House Bonds—
312s, J&J,500,000....July 1,1919 4s, A&O, $700,000. ...Oct. 1,1918
F DYER. Treasurer.
3a, J&J, 309,000.... July 1,1905 4s, J&J,
406,000.... July 1, 1922
A T^VrT, ITCH,
$ B
I3T7 T7
EL,.
1
4a, A&O.
41,000. ...Oct.15, 1916 312s, A&O,800,000....Oct. 1,1919
I HENRY A. MONK, Clerk
3i28, J&J, 500,000. ...Jan. 1, 1928 4a, A&O,
This town ia in Norfolk County.
75,000.. ..Oct. 1,1923
40,000.... July 1,1924
3^8, J&J, 500,000.... July 1, 1928 48, J&J,
WJien Due, Sinking funds
$59,938
LOANS.3ia8,AAO,l,000,000...Oct. 1, 1928 3128.A&0, 800,000. ...Apr. 1, 1937
Water Bonds—
Cash on hand
20,551
3i23,J&J,l,000,000...July 1, 1929 312s, J&J, 100,000.. ..July 1,1938 4s, J&J, $100,000
July 1, 1917 Net debt Jan. 1. 1900... 291.011
3i«8,J&J. 100,000 .. Jan. 1, 1930 3s, A&O, 612,000... Oct. 1,1900 4s, J&D, 150,000.... J line 1, 1921 Total value town propStony Brook, &c, Imp. Bonds— ($17,000 due yearly) to Oct. 1,1935 4s
erty, estimated
6,000 ...Aug. 1, 1926
256,000
4s, A&O, $500,000.... Oct. 1. 1917 Temp, loan $l,500,000.Nov.l,1900
Municipal Lighting
Tax Valuation, 1-99
4 .496.450
20-40
4s,
Total
1917
(per
$1,000)
.....
$16,500
Apr.
tax
'99
1,
INTEREST on the sterling loans is paid by Baring Brothers & Co., Bonded debt Jan. 1, 1900.$272,50O
Population in 1890 was.
Limited, in London; on other issues by City Treasurer in Boston.
Floating debt
99,000 Population in 1895 was.
5.310
TOTAL DEBT.—The aubjoiued statement shows Boston's total debt, Total debt Jan. 1, 1900.. 371,500
the itema of which it is made up, and the sinking fund held by the city,
against the same, on the dates iudicated.
•Geo. F. Pratt. Treas.
Jan. 31, 1900. Jan. 31, 1899 Jan. 31,1898.
City debt proper
$58,050,636
$62,226,546
$66,127,305
County seat is Taunton.
Cochituate water debt
17,911,274
17,121,274
17,306,274
Whtn Due.
When Due
NOTES—
NOTES—
County debt
3,631,000
3,533,000
3,591,000
4s,
$40,000 Apr. 12. 1904
J&J. $ 100,000.. Jan. 18. 1902 4s
20.000-.Nov. 30, 1904
4s,
60,000. Aug. 19. '00 02 4s
...
Total bonded debt
$79,592,910
$«6,966,579
$82,938,820
...
20,000.. May
100,000. .Apr. 22, 1901 is,
1905
..,
Sinking funds, &o
27,579,370 4s,
27,854,648
27,697,062
4s,
40,000. Nov" 30/03-04
80.000. June 1. '01 02 4s, M&N,
..,
5s,
100.000.. Feb. 7, 1903
90,000. .Aug. 21, 1901 4s. faa.
..,
Net debt
$52,013, 540 4s.
$55,084,172
$59,269,517
35,000.. Sept 6, 1905
100,000 sept. 1. 1901 Is. MA-s.
The following table ahowa the amount of tho gross funded debt, 5a,
25,000. .Sept. ti. 1906
40.000..NOV. 25, 1901 4s. Mas.
sinking funds and the net debt on Jan. 31 for the following years
l>.
100,000. June 18, 1902 Bonded d'bt.Ian.l, 1900 $1,1;
...
I-.
10.0O0. .Sept. (!. 1902 Tax aluat'nin 1893.-179,041,277
Tears.
Net Debt.
Gross Debt.
Sinking Funds.
1900
160,000.. Sept. 23,1902 Population in lS9fl was.. .219,019
$59,269,517 00 4s,
$«6,966,579 00
$27,697,062 00
40,000.. July 15, 1903 Population in 1890 was...lS<5. 165
1899
55,084,172 00 4s
82,938,820 00
27,854,648 00
20, 000.. Dec. 21, 1903
1898
52,013,540 79 Is. J&D,
79,592.910 76
27,579.369 97

J&J.
A \ 0,1,000,000... Oct. 1,1924
PUB. INST'S AND CITY HOSPIT'D—
3^8, J&J, $38,500... July 1, 1908
8,000... July 1, 1909
3 "28. J&J,
3>«8,J&I»,
14,900. .. Dec. 1, 1909
136, 500... Oct. 1,1911
48, A&O,
250,000... July 1, 1912
48, J&J,
42,000... Oct. 1, 1912
48, A&O,
15,000. ..Apr. 1,1915
4s, A&O,
400,000.. Oct. 1, 1915
4s, A&O,
27,000. ..July 1,1917
3H)B, J&J,
101,000.
..Jan. 1, 1918
3^8, J&J,
3»28, J&J,
23,000... J uly 1, 1918
3 "28, J&J,
14,500.. July 1, 1919
18,
4s,

Cochituate Water—
6s, J&J, $625,000.. ..Jan.
6s, A&O, 688,000.... Apr.
6s, J&J, 330,000.... July
6s, J&J, 100,000.... July
6s, A&O, 905,000... .Apr.
6s, J&J,
8,000... Jan.
6s, A&O,
38,000.... Apr.
6s, J&J, 161,000
Ian.
6s, A&O, 142,700.... Apr.
6s, J&J,
44,000.... July

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

NEW

:

—
.

. .

. .

;

;

. .

;

BRADFORD. —
dd
DKA11N

,

,

—

-

-

—

,

BRISTOL COUNTY.

.">.

.

.

,

:

\

,

20
BROCKTON.—
{^
Plymouth

SW£

s

This city

County.

When Due.

A&O, $68,000

1900-1016

Ham,— 1891-2-3-4-5.

City
4s,

is in

LOANS—

($4,000 due yearly on Oct.

1.)

($1,000 due yearly on June
4s,

J&D, $14,000

1.)

1900-1913

($1,000 due yearly on

A J, $2,500

June

1.)

1901-1905
($500 due yearly on Jan. 1.)
4s, M&S, $17,500
1900-1904
($3,500 due yearly on Sept. 1.)
4s, A&O, $41,400
1901-1923
($1,800 due yearly on April 15.)
4s, M&N, $30,000
1903- 1922
($1,500 duo yearly on Nov. 1.)
1903-1922
4s, M&N, $50,000
($2,500 due yearly on Nov. 1
4s, J

.;

Drainage Bonds— 1888-1895.

48,

1900-1909

J&J, $25,000

($2,500 due yearly on July

1.)

M&N,

1900-1919
$22,000
($1,100 due yearly on Nov. 20.)
4s, A&O,
Oct. 1, 1900
$500
1900-1911
4s, J&D, 6,000
due
yearly
on
June 1.)
($500
1900-1922
4s, J&D, $4,600
($200 due yearly on June 1.)
1900-1922
4s, M&S, $18,400
($800 due yearly on Sept. 1.)
1900-1914
4s, F&A, $7,500
($500 due yearly on Aug. 1.)
1900-1919
4s. J&J, $10,000
($500 due yearly on July 1.)
1900-1902
4s, F&A, $3,000
($1,000 annually on Aug. 1.)
3^s, M&N,$5,0U0....May,1900-04
4s,

seweragk Bonds—
3^8, M&N,$10,000. .May.190 19
Fire Department— 1890-4-5.
1900-1905
4s, A&O, $6,000
($1,000 due yearly on Oct. 1.)
Health Building
1900-1902
4s, J&D, $1,500
($500 due yearly on June 1.)
'-

.

—

Paving Bonds 1891.—
1 900-1901
48, J&D, $10,000
($5,000 due yearly on June 1.)
L>/-vr

4s,

Tf1 'IT

J&J,

1900-1902

$7,740

($2,580 due yearly on July

1.)

School Bonds—
4s,

J&J,

1900-1901

$8,000

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

J&D, $5,400

COULTER, Mayor.

EMERSON Treasurer.
When
LOANS—

LOANS-

35 88

Due.

1.)

1900-1902

1901-1904
J&J, $20,000
($1,000 duo yearly on July 1.)
1900-1905
4s, J&D, $24,000
($1,000 due yearly on June 1.)
Is, J&D, $28,000
1900-1905
($ 1,000 due yearly on Deo. 1.)
1900-1916
4«, J&J, $34,000
($2,000 due yearly on July 1.)
4s, J&J, $5,000
Jan. i, 1901
($1,000 due yearly) to Jan. 1,'05.
4s, F&A, $8,000
1900-1907
($1,000 annually on Aug 1.)
S^s, M&N, $33,000... May 1, 1900
$1,650 due yearly) to Mayl, 1919

Sewer Bonds— 1892-3-5.

F&A, $1 1 ,000
1900-1922
($500 due yearly on Aug. 1.)

4s,

J&D, $36,000

Vol.
Water Scrip— (Con.)—

3s8 s,
$47,495.... June 15, 1900
($2,065 dueyearly) to June 15, 1922
3», s, $25,000.
June 15, 1900
($1,000 due y'rly) to June 15, 1924
$12,750. ...Jan. 1, 1901
39i 6 s,
($750 due yearly to Jan. 1, 1917
312s
$15,600... Aug. 1,1900
($600 due y'rly) to Aug. 1, 1925
335s, .... $1 2,600
.Jan. 1, 1901
to Jan. 1, 1918
($700 yearly)

....,$2,400.. May, 190O-'O5
.....25,000.. ..Nov. 1, 1918
i
lC's, ..... 15,000.. ..Mch. 1, 1904
3- 10s,
2 5,090.. ..Mch. 1, 1919
,

3>4S,

fl

Water Scrip

4s
$107 184 .July
($4,466 due yearly) to July

1,
1,

F&A, $21,000. .Jan.
($1,000 due yearly) to Jan.

1,
1,

4s,

.

LXX

When Due.

LOANS-

When Due

Play Grounds—

4s,

4s,

SUPPLEMENT.

CITY

School Bonds— (Con.)—

1900-1922

48, J<SD, $23,000

H.

MID

1900
1923
1901
1921

. .

.

TOTAL DEBT, SINKING FUND, ETCFcb.
1900.

Feb. 15,1899. .Feb. 15,1898.

1,

$1,261,729

$1,424,740
40,275

$1,394,951
38,977

Net debt
Deduct water debt

$1,261,729
241,629

$1,384,465
294,210

$1,355,974
304,791

Net debt as defined by law
Net debt allowed by law

$1 ,020, 10O
2,235,900

$1,090,255
1,995,810

$1,051,183
1,925,076

Available balance

$1,215,800

$905,555

$873,893

Total debt

Sinking funds

1900-1923

($1,500 due yearly on June

1.)

J&J, $192,000
1900-192S
($8,000 due yearly on July 1.)
4s, A&O, $168,000
1901-1924
($7,000 due yearly on April 1.)
4s, A&O, $100,000
1904-1923
($5,000 due yearly on April 1.)
4s, M&N, $28,000
1900-1927
($1,000 annually on May 1.)
4s,

Street Imp. Bonds—

J&J, $14,000...... Jan. 1, 1901
($2,000 due yearly) to Jan. 1, '07.
3»28, M&N, $50,000. .May 1, 1900
($2.500duo yearly) to May 1, 1919
Water Bonds— 1897.
5s, A&O, $90,000.... Apr. 15, 1910
4s, A&O, 50,000. . . .Apr. 15, 1906
4s, J&J,
50,000.... July 15, 1912
4s, M&N, 50,000. ...May 1, 1914
4s, M&N, 25,000.... May 1, 1915
4s, M&N, 25,000. ...May 1, 1916
4s,
20,000. ...May 15, 1918
4s,
10,000.. ..May 15, 1919
4s,
68,000.... Apr. 1, 1920
4s,
5,000. ...Oot. 1, 1920
4s
25,000. .. .May 1, 1921
4s,
20,000. . . .May 1, 1922
4s, M&N, 25,000.. .. Mar. 1, 1923
4s, J&D, 62,000.... Dec. 15, 1923
4s,
25,000.... Apr. 1, 1924
4s,
25,000.... Apr. 1, 1925
4s,
25,000.... Oct. 1, 1925
4s,
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^s, J&J, 50,000.... July 1, 1916
4s,

M&N

TOWN PROPERTY.—The value of town property on Feb. 1, 1900,
including buildings, parks, water works, etc., amounted to $4,259,450.
The water works are valued

at $953,500.

ASSESSED VALUATION and tax rate have been

as follows
Assessed ValuationRale of Tax
Personal.
Total,
per $1,000.
Peal.
$21,988,100
1899
$74,530,000 $10-50
$52,5,41,900
11-80
16,579,700
66,527,000
1898
49,947,300
12-20
16,650,200
64,169,200
1897
47,519,000
12-40
15,129,300
60,912,000
1896
45,782,700
POPULATION.— In 1900 population (est.) 21,500; in 1890, 12,103.

Years —

C* A 1\/TT3 1=? TT\n TT
L//VlVlJrSreiU«^rXli.
This city

is

in Middlesex

LOANS-

CHAMPLIN,
—
WILLIAM W.DALLINGER.
County
5
\

When Dut.

Bridge LoanA&O, $10,000. .Oct. 1,1917

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

J&J,

100,000.. July

1918
1918
1919
1920
1,1901
1, 1921
1, 1923
1, 1939
1,
1,
1,
1,

M&S, 100,000.. Sept.
M&S, 115,000. .Mar.

M&N,
J&J,
J&J,

F&A,

3^8, J&J,

5,000. .Nov.
15, 000.. July

60,000.. July
10,000 .Aug.
50,000... July

Building Loan—

M&N,

$20.000.. May
F&A, 11 8,000.. Aug,
A&O, 60,000.. Oct.
A&O, 103,000. .Oct.
M&N, 40,000.. Nov

4s,
4s,
4s,
4S,
48,

1902
1914
1915
1916
1903

2,
1,

Municipal Bonds—
F&A, $52,000. .Aug

1.
1.
1,

Mayor.

E. R.

Treasurer,

Sewer Bonds— (Con.)
4s,
A&O, $60,000. .Oct. 1,1925
4s.
A&O, 75.000.. Oct. 1, 1916
3^8, M&N, 42,000. .Nov. 1, 1929
Street Loan—
4s,
M&N, $55,000. .May 2, 1902
F&A, 30,000.. Aug. 1, 1914
A&O, 60,000. .Oct. 1,1915
A&O, 137,000. .Oct. 1,1916

4s,
4s,
4s,

3 ^s.

3^s,
3^8,

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

1 1 ,000 Nov. 1 1907
15,000. .May 2, 1918
5,000.. No v. 1, 1919
. .

,

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

6s,
6s,
6s,

Cemetery—

4s,
F&A, $65,000.. Aug. 1, 1905
Clay- Land Loan—
1904
4s, J&J. $3.000
1900-1902
F&A, 4,900. .Aug.
1908 4s, J&J, $50,000.. July 1, 1911
3i2S,M&N,15,000.. .May 1, 1917 3^3, J&J,
($1,000 due yearly on Julv 1.)
45,000.. .July
1909 3^8, M&N, 20,000. .Nov. 1, 1912
4s, J&D, $5,200
1900-1903 3i<ss,M&N,10,000....May 1, 1929 3*98, M&N, 32,000.. Nov.
1909 :-t%8, F&A, 10,000. Aug. 1, 1913
($1,300 due yearly on June 1.)
3*as,M&N,12,000....Nov. 1, 1929
Park Bonds—
17.000 ..July 1,1914
3^8, J&J,
4s, A&O, $1,000,
April 1 1901
Charles River Imp't. Bonds—
F&A,$360,000..Feb. 1, 1924
4s.
The water bonds are coupon, all others registered.
F&A, 100,000.. Aug. 1, 1935 3k)S, F&A. $50000. .Aug. 1,1938
4s,
PAR VALUE OF BONDS.—The bonds are mostly for $1,000 each. 4s! F&A, 100,000. .Feb. 1, 1936 Water Bonds—
F&A, 100,000.. Aug. 1,1926 4s, A&O, $90,000. .Oct. 1,1907
4s,
INTEREST is paid at the office of the City Treasurer.
A&O, 40,000.. Oct. 1,1926 4s, M&N, 22,000.. Nov. 1,1907
4s,
TOTAL DEBT, SINKING FUND, Etc46,000.. July 1, 1908
3^8, M&S, 100,000.. Sept. 1, 1937 4s, J&J,
Dec. 1,1899.
Dec. 1, 1898. 3^8, M&N, 50,000.. Nov. 1,1937 4s,
F&A, 25,000.. Aug. 1, 1908
Gross city debt
$1,964,540
$1,918,120 3^s, F&A, 50,000. Aug. 1,1938 48, J&J,
20,000.. July 1,1909
Bonds outside debt limit*
1,506,500
1,487,500 3^s, J&D, 50,000.. June 1, 1938 48, M&N, 288.000.. May 1,1910
313s, F&A, 1 00,000.
Aug. 1,1939 4s, J&J.
75,000. .July 1,1910
Bonded debt in side debt limit
$458,040
$430,620
M&S, 125,000. Sept. 1, 1910
Paving Bonds—
4s,
Debt limic 2^% average 3-year valuation
636,664
607,123 4s, M&N, $50,000.. Nov. 1, 1902 4s, J&J,
20,000.. Jan. 1, 1911
3^8, A&O, 20,000. .Oct. 1,1907 48, A&O, 35,000.. Oct. 1,1911
Borrowing capacity
$178,624
$176,503
4s,
J&J, 150.000. .Jan. 1, 1912
School Bonds—
M&N,$100,000..May 1, 1900 4s, M&N, 75,000.. May 2, 1912
4s,
* Bonds outride ot dett limit consist of $792,000 water, $552,500
J&J, 100,000.. Jan. 1, 1901 4s, M&N, 45,000.. Nov. 1,1912
4s,
sewer and part of City Hall debt to the amount of $162,000.
F&A, 100,000. .Feb. 1, 1913
60.000.. July I, 1901 4a,
J&J,
48,
The city has no floating; debt and the amount of sinking fund Deo. 1, 4s, M&N, 20,000.. Nov. 1, 1902 4s, F&A, 50,000. .Aug. 1, 1913
100,000. .July 1,1917 4a, A&O, 300,000. Apr. 1, 1924
3*28, J&J,
1899, $30H,llti, was all applicable to the payment of the water debt.
9,500.. Nov. 1,1907 4s,
A&O, 200,000.. Apr. 1,1915
M&N,
ASSESSED VALUATION.—The city's assessed valuation (which is 313s,
F&A, 200,000.. Aug. 1,1915
6,000. .Oct. 1, 1916 4s,
4s,
A&O,
23 of actual value) and tax rate have been as follows:
3 igs. F&A, 142,000. .Aug 1,1918 48, A&O, 100,000. .Apr. 1, 1916
Total
Real
Personal
*Rate of Tax 313s, M&N, 100,000 May 2, 1918 4s, J&J, 200.000.. July 1. 1916
Tears —
Estate.
Property.
Valuation.
per $1,000. 3^s, J&D,
50,000 June 1, 1918 4s, F&A, 100,000.. Aug. 1, 1916
1899
$23,887,765
$3,439,981
$27,327,746
$21-60
A&O, 265,100. .Oct. 1, 1916
42,000.. .July 1, 1919 4s,
3Hss, J&J.
20-20
1898
23,215,811
2,870,042
26,085,852
43,000.. Nov. 1, 1906
3>98, M&N. 13,000. .Nov. 1, 1919 312S M&N,
20-70
1897
22,659,616
2,981,756
25,641,372
3!2S, J&J,
100,000.. July 1, 1917
Sewer Bonds—
18-60
1895
19,460,836
3,109,709
22,570,545
3i?,a
A&O, 200,000.. Apr. 1, 1917
J&J, $136,000. July 1, 1903
6s,
15-20
1890
17,495,602
14,997,605
2,497,997
295,000.. July 1, 1904 3^8 M&N, 75,000 .Nov. 1,191.7
6s,
J<feJ,
1882
16-6623 6s, J&J. 144,000.. July 1, 1905 3^8 J&D, 140,000. .Dec. 1, 1917
9,150,702
* Including State, county and city levy.
M&N, 30,000.. Nov. 1,1907 3^8 M&N, 50,000... May 2, 1918
4s,
M&N, 22,000.. Nov. 1, 1909 3^9 J&D, 60,000... June 1,1918
POPULATION.—In 1899 population was 37,278; in 1890 it was 48,
M&N, 15,000. .May 1, 1910 3^8 M&N, 50,000. Nov. 1,1918
4s,
27,294 in 1880 it was 13,608 in 1870 it was 8,007.
23,000.. Nov. 1, 1919
15,000.. July 1,1911 3^s M&.V,
4s,
J&J,
F&A, 75,000. .Aug. 1,1924
4s,
H. Worthley, Treas.
INTER EST on bonds Is payable at the Nat.Bank of Redemption.Bos.
This town is in Norfolk County.

($1,800 due yearly on

June

1.)

4s,
313s,

.

1,
1,
1.
1,

.

,

. . .

.

•

;

;

BROOKLINE.-Geokgb
LOANS—

Bath House—

When Due.

3^s,

$9,000.... Nov. 1,
($1,500 due yearly) to Nov. 1,
39 16 s, .--, $17.500.... July 1,
($2,500 due yearly) to July 1,

Bridge Notes—

1900
1905
1900
1906

Jan. 1, 1901
$1,000
3» lt s, .... $22.500. Oct., 1900-1917
3*108,.... 47,500.. Men., 1900-18

4s,

J&J,

Miscellaneous—

June 1, 1900
4s,
$40,000
($20,000dueyearly)toJunel 1901
Nov. 1, 1900
4s,
$38.600
($9,650 due yearly) to Nov. 1, 1903
59, 6 s, ..... $15,500. .June 15, 1900
($1,700 due y'rly) to June 15, 1904
39. 6 s, ... ,$139,500.. June 15, 1900
($9,300 due y'rly) to June 15, 1914
3«i 6 s, .... $65,800.... July 1, 1900
($9,400 due yearly) to July 1, 1906
315s, ....,$47,200. Mch., 1900-03
3-208,
67.500 .Dec, 1900-Od
,

Park Bonds—
4s,

J&J, $42,000

July 1,1900
1, 1911

(Part due yearly) to July
4s,

M&S, $8,000

Sept.

F&A,

4s,j&J,

$1,000
1,000

1900
Jan. 1,1901

Aug.

1,

Due.

J&J, $20,000
Aug. 1, 1900
(Part due yearly) to Aug. 1, 1910
4s, J&J, $13,000
Aug. 1, 1900
(Part due yearly) to Aug. 1, 1906
4a, J&J, $11,000
Jan. 1,1901
($1,000 due yearly) to Jan. 1, 1911
4s,
Mar. 1, 1900
$7,800
($2,600 due yearly) to Mar. 1, 1902
4s, ..... $52,000
Mar. 1, 1900
/$4,000 due yearly) to Mar. 1. 1912
35 8 s
June 15,1900
$1,950
$650 due yearly) to June 15, 1902
35 8 s
$81.250..Junel5,1900
($6,250 due y'rly) to June 15, 1912
3*28, ....,$16,200
Jan. 1, 1901
($1,080 due yearly) to Jan. 1, 1915
4s,

Sewer Bonds—

4s,

,

$5,000.

..

.Feb. 1, 1901

($1,250 due yearly) to Feb. 1,1904

School Notes—

$22,400.. .June

May
May

,$15,000

Aug.l, 1900

($2,500 due yearly) to Aug.
$37,500
Jan.
3^3,
($2,500 due yearly) to Jan.
358S,

$24,000

FUNDS, EtcTOTAL DEBT, SINKINGDec.
1899.
Dec.
1,

Total bonded debt
Sinking funds

Net municipal debt Dec.
Water debt (additional)
Sinking funds

Netwaterdebt

1, 1898.
$4,0 12,400

Dec. 1, 1897.

780,362

$3,623,500
714,974

$3,272,100
465,584

$3,232,038
$3,249,100
545,397

$2,908,526
$2,961,600
464,138

$2,806,516

$2,703,703

$2,497,462
$5,405,988

$4,350,400
930,734
1 .$3,419,666
.

$5,935,741
Net city and water debt.... $6,226, 182
The city has no floating debt. The borrowing capacity

for 1900 for
city purposes is $296,736.
The sinking fund for the ten-year loans receives yearly 8^ per cent
of the amount of outstanding bonds, for fifteen year loans 5 percent
yearly, for the twenty- year loans 3^ per cent, for the thirty-year loans
2 per cent and for the forty-year loans 1*4 per cent.
The cost of the water works up to DeCITY

WATER WORKS.—
364, while

the net debt on the same is
1899, was $5,602
$2,806,513. In year 1899 receipts from water rates were $303,767.
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
per $1,000.
Total
Personal
Real
Years—

cember

1,

:

1, 1900-03
....,
6,000... July 1, 1902-3
35 8 s. ----, 80,000
1, 1900
($5,000 due yearly) to
1, 1915

4s,
4s,

1,1900 313s

($4,000 due yearly) to Sept. 1, 1901
4s,

When
LOANS—
Park Bonds— (Con.)—

1,
1,
1,

1905
1901
1915

.May, 1900-15

1899
1898
1897
1895
1890
1885
1880

$74,556,200
72,908,100
70,339,200
64,303,700
52,235,000
42,588,300
37,929.400

$16,981,595
16,642,990
16,302,545
16.607,360
15,339,925
12,758,255
11,699,660

$91,537,795
89,551,090
86,641,745
80,911.060
67,574,925
55,346,555
49,629,060

$17-10
16-40
17-50
15-70
15-60
15-50

1600

1890 population was 70.028; in 1880 it was
was 39,634. According to State census population

POPULATION.— In
52,740; in 1870
in 1895

it

was 81.643.

—

A "NTTT/^-nt
O^IN
1 LJ1N.
/"•

Tliis

town

is

LOANS-

MB

WMSS^CttUSETTS— CITIES

April, 1900.

5
$

4.ME3, Clerk.

in Norfolk County.

When Due. Bonded debt July 1, '98. $149,000
Tax valuation, real
2,632,840
1900 to 1917 Tax valuation, personal. 1,294,218

Watku Bonds—

J&J, $90,000....
($5,000 due yearly on July

4s,

Total valuation 1898.... 3,927,058

1.)

J&J, $36,000
1918 to 1923 Assessment about 34 actual value.
(*6,000 due yearly on July l.j
Total tax rate (per M.) '98.. $16-00
4s, J&J, $14,000
1924 to 1925 Population in 1890 was
4,538
($7,000 due vearly on July 1.)
Population in 1880 was
4,516
4s, J&J, $4,000...
in
1896 (est.).... 4,700
July 1, 1926 Population
INTEREST is payable at the town treasury.
4s,

CHELSEA.

;

JAMES OOULD,

LJA.IN
Th

s

town

is in

Mayor.

LEARO YD, Town

<

A. P.

>

JULIUS PEALE,

Treasurer.

Clerk.

Essex County.

Wateic Bonds 'Con.)—
J&D, $25,000.... Junel,1911
1900-16
J&D, 15,000
Junel, 1913
$26,150
4s
A&O, 22,800
1919
Electric Light Bonds—
F&A, 12,515
1920 to 1926
June 1, 1916
$11,000
14,000
June 1,1926
1928
5,500
48
2,993
Feb. 1, 1927
1929
4,000
3>48, ...
1,335
Feb. 1, 1928
School Bonds—
2 800...
.1929
1903 4 s, J&J,
48, M&N,$3,400
1899-1915 Bonded debt July l". "'99. $346,053
J&D, 14,500
4s,
1917 Float'gdebt (additional). 20,000
10,000
4s,
78,880
8,500. ...1900 to 1905 Sinking fund
4s
5,109,540
1906 to '17 Tax valuation 1899
12,500
48
Tax rate (per $1,000) '99. ..$15-60
Electric-Light Bonds—
8,181
1917 Population in 1895 was
$4,000
4s,
7,454
Population in 1890 waa
Water Bonds—
July 1,1906
5s, J&J, $150,000

When Due.

LOANS—
Town House—

ROBERT BIRD, Treasurer

WALTER

MtruDC
V J1K5. —

i-\a

21

TUWTJS,

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

,
,

FROST, Treasurer.
The city is in Suffolk County. The city bonds at present outstanding
<E. A. BROOKS, Treasurer.
t-vttt-\t_j a i\/r
will be refunded at maturitv and the new bonds will be payable in 1911.
IJhL,iJr-lAM.
$DON GLEASON HILL, Clerk.
LOANS—
When Due.
Public Improvement Loan
This town is in Norfolk County.
City Bonds—
4s, A&O, $40,000
Oct. 1, 1907
When Due. Assessed valuat'n, real.$7,098,975
LOANS—
4s, A&O, $150,000.... Oct. 1, 1901 4s, A&O, 70,000
Oct. 1,1927
Assessed valuat'n.pers'l 1,329,103
Notes—
Tow
4s. A&O,
—
90,000. .Oct. 1, 1903
Special Loans
8,428,078
1900-1917 Total valuation 1899.
4s,
$124,225
4s, A&O,
Dec. 1,1902
70,000.... Oct. 1, 1905 4s, J&D, $19,700
Tax rate (per $1,000) J 899. $16 80
School Loan—
4s, A&O, 100.000.
Dec. 1,1904 48
.Oct. 1,1907 4s, J&D, 10,000
7,123
1900-1917 Population in 1890 was
,$79,750
Refunding Bonds—
4s, J&D, 32,000
Dec. 1,1911 Town debt Feb. 1, 1900 $124,225 Population in 1900 (est.)
7.200
4s, A&O, $181,000.... Oct. 1,1911
Water Bonds— 1891—
4s, J&D, 276,500.... Dec 1, 1911 4s, g.,J&J 15,$150,000g.Jul.,1911
Park Loan—
Jos.W.AVilsox, Trea.3
4s,g.,J&J15, 150,000g. Jul., 1921
4s, A&O, $80,000.. ..Oct. 1, 1936
Tliis town is in Hampshire County.
$3 1 ,500 Tax valuation, person'l $634,662
INTEREST is paid in Boston at National Bank of Redemption or by Water debt, 3^s & 4^8
\

T. B.

—

. .

.

. .

EASTHAMPTON.—
I

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 by 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 of the city of (Jhelsea is now covered by special law,
and that hence the 2^ per cent limit on the indebtedness of Massachusetts cities does not apply.
Jan., 1900. Jan. 1, '99. Jan. 1, '98.
Jan. 1, '97.
Loans and debt.... *$1,1 19,200 *$1, 109,700 *$1,109,700
$949,700

Sinking fund

253,228

208,044

158,088

165,059

$865,972
$300,000
50,921

$901,656
$300,000
43,641

$951,612
$300,000
36,642

$784,641
$300,000
36,642

$249,079
$1,115,051

$256,359
$1,158,015

263,358
$1,214,970

$263,358
$1,047,999

Net debt
Water debt (addit'al)
do

sinking fund

Net water debt..
Total net debt
*

Including improvement loan.

CITY PROPERTY.—The

owns

city

earned from water rates $99,000.

its

water works, which

in

1899

same
the years named.

as actual value) and tax rate have been as follows in
Assessed Valuation
Tears—
Real
Personal.
Total.

.

1899
1898
1897
1895
1890
1884

(the

Rate of Tax
per $1,000.
$17-40
17-40
17-60

$21,204,150
$2,238,827
$23,442,977
20,988,600
2,303,803
23,292,408
20,751,100
2,304,827
23,055,927
20,032,050
2,482,993
22,515,043
1700
18,187,500
17-60
2,613,439
20,801,139
15,802,550
2,300,947
18,103,497
I860
POPULATION.— In 1899 population was 33.000; in 1890 it was

was 21,782;

it

r
T-TTr"
OT3T7
T7'
^^'"
v-,rTL1
J:L c
,

,

,

'-

—

in

1870

it

DENIS MURPHY,
<JOHN D. WHITE,

J

J&D, $53.000
June 1, 1904
Electric Light Bonds—

4s,

Mayor.

4s,
4s,

3%s, J&D.
3^.8,
3128,

J&D, $69,000
1900-1922
J&D,
6,000. ...July 15, 1906

4ias,
4*28,

4^8, ,1&D,
48,
4s,
4s,
4s,
48,
4s,
4s,

3is8g,
4s,

Water debt

debt about July

1,

1901

1909

yearly.

1899.. $614,350

(included)....

Tax
Tax

290,500

valuation, real
6,925,880
valuation, personal. 2,324,950
Total valuation 1899... .9,250,830
Tax rate (per $1,000) 1899. $1800

Population in 1895 was

E.

Worcester County

in

1,

J&D, $280,500. $11,500
1,

Shaw,

16.427

Treasurer.

This town will fund

floating

its

1900.

LOANS.—

Water Bonds—

When Due.

Total debt Feb.

1,

1900.. $505,021

Water Sinking Fund
87,309
4s, A&O, $115,000. ...Oct. 1, 1901 Tax valuation 1899
7,468,309
235,000
Tax rate (per M.) '99
18-00
Bonded debt, Feb.l,1900.$350,000 Population in 1899 was.
13,500
Floating debt
155,021 Population in 1890 was.
10,424
I

I

CONCORD.
This town
is

in

LOANS—

John

0.

Water Works—
4s,

A&O,$45,000

Oct. 1, 1903

20,500

Sewer Bonds—
4s
48

,$70*000
25,000

DALTON FIRE
son, Treasurer. —

1928
1923

Light Bonds—

4s, F& A. $35,000.. .Aug. 1,1929
Total debt Aug. 1, 1899.. $162,600
Sinking funds
36,158
Tax valuation 1898
3,839,970
Tax rate (per $1,000) 1899.. .12-40
Population in 1890 was
4,427

DISTRICT.— John

D. Car-

In Berkshire County.
When Due. Tax valuation, real
$1,532,606
Warer Loans—
Tax valuation, personal l ,047,851
4a, J&D, $50,000
1914 Total valuation. 1899... 2.580.157
4s
6,000
On demand Assessment about -:? actual value.
Bonded debt. an. 15, 19(H) $56,000 Town tax (per $1,000) '99. .$14-50
Floating debt
16.000 Population 1895 (of town)...:;. -jut
Total debt Jan. 15, 1900.
72.000 Population 1890 (of town) ..2.885
There has never been any tax levied by the tire 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 due in 1914 is payable at Boston and Pittsfield; on others at Pittstield. Mass.

LOANS—
I

.

5,000-

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.

LOANS—

Water Bonds—

When Due.

Sewer Bonds—

July 1,1922
J&J, $30,000
Jul'v 1, 1921
J&J, $50,000
J&J, 100,000
Jan. 1, 1911
Jan. 1, 1924
J&J, 50,000
July 1,1911
J&J, 70,000
City Notes—
J&J, 125,000
July 1,1923
4J<2S,
$299,950.1900-'24f
M&S, 42,000
March 1, 1929 3^s, 4s, &
INTEREST on the water bonds and sewer bonds is payable at the
Winthrop Nat. Bank, Boston; on city notes by Treasurer's check.
4s,
4s,
4s,

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

TOTAL DEBT, SINKING FUNDS, ETC.
May

$766,950
108,693

$693,475
90,620

$664,450
73,743

Jan. 1,'98.
$664,45074,070

Net debt
$658,252
Water debt (incl'd'd) $200,000

$602,855
200,000

$590,707
$190,000

$590,380
$190,000

Total debt
Sinking funds

1,

1900. Jan. 1,'99.

1,'98.

ASSESSED VALUATION.—The

assessed valuation of real estate
total, $17.836,200 total tax rate (per $1,000), '99, $16-50. Property is assessed
at a fair cash value.
POPULATION— In 1900 about 22,500; in 1895 it was 18.578; in
1890 it was 11,068 in 1880 it was 4,159 in 1870 it was 2,220.

was $16,730,150; personal property, $1,106,050;

in 1899

;

;

JOHN H. ABBOTT, Mayor.
BRIGHTMAN.'
CHAS.
FALL RIVER. — (DR.
HENRY W. CLARKE,
P.

<

(

This city, which

in Bristol County,

is

LOANS—

City Hall Loans—
33is,

M&N,

$1,750. .Nov.

3%s,M&N,
($2,000 due

5,

4,000... May 1.
y'rly) to May 1,

Feb.
F&A, $5,000
($2,500 due yearly) to Feb.

4s,

Water Bonds—
4s, M&N, $25,000... May 1, 1924
1900 4s, M&N,
25,000. .Nov. 1, 1924
25,000 ..May 1,1925
1900 4s, M&V,
.

1.
1.

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

1901
1902

Public Library —
J&D, $75,000*.... Junel, 1925
J&D, 75,000*.... Dec. 1, 1925
J&J, 75,000*.... Jan. 1, 1927
M&N, 25,000
May 2, 1918

Highway Loans—
J&D, $10,000.

.

.

June

1,

1900

($5,000 due y'rly) to June 1, 1901
4^8, M&S, 40,000... Sept. 1, 1901
4^8, A&O, 10,000... Oct. 2, 1903
F&A, 10,000... Feb. 1, 1901
48,
($5,000 due v'rly) to Feb. 1, 1902

M&S.$102,000...Mch.

3%s, M&S, $1,500. ..Sept.

J&D,

50,000. .Juue
25,000... Nov.
25,000. .. May
25, 000... Nov.
A&O,
25,000. .. Apr.
M&N, 25,000... Nov.
25,000. .. Apr.
25,000... Nov.
M&N, 50,000. .. May
F&A, 1 50,000... Aug.
3ifi8, M&N, 175,000... Nov.
3*28, F&A, 100,000 .Feb.

1901

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

4HiS,

was

Treasurer.
City Auditor.
incorporated in 1854.

Wlien Due.

.

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

A&O

1925
1925
1926
1926
1, 1927
1, 1927
1. 1928
1,1928
1, 1929
1, 1929
1. 1929
1,
1,
1,
1,

1.1930

Water Works Extension—
M&N, $1,000. ...Nov. 5, 1900
Water Tank-

334 s,

Feb.
F&A. $3,000
($1,500 due yearly) to Feb.

Is,

1906
15,1900
1,

1,
1,

1901
1902

School Loans—
Paving Loans—
414s, A&O, $150,000* .Oct. 2, 1913
4^8, J&D,
$5,000. .June 1,1900 4s.
A&O, 60.000.. .Apr. 1. 1916
($2,500 due v'rly) to June 1, 1901 3i»B,M&S,
5,000. ..May 5, U00
3128, J&D, $2,500... June 2, 1900 4s, F&A, 100.000-.. Aug. 1, 1917
I

4s.

M&N.

20.000. ...May 1,1909

M&N, $28,500... May 1,
($9,500 due yearly) to Mav 1,
4s. J&J, $97,500*. .Julvl,
($7,500 due yearly) to July 1,
4s, M&S, $86,500.... Mar 1.
21,000... Oct. 1.
48, A&O,
4s, F&A, 173.000.. .Feb. 1.
4s, M&S, 190,000... Mch 1,
4s, J&J,
28,000... Jan. 1,
3%s, M&N, 1.500.
.Nov. 5,
Is, M&S, 150,000 ...Mar. 1,
4 s, F&A,
205,000.... Feb. 1,
l~. F&A,
190,000.... Mar. 1.
4s,

Friend, Treasurer.

4,790
(est.)

I

Municipal Loans—

Middlesex County
When Due.

Population 1890
Population 1900

C.

4s,
I

I

Citt Hospital Loan-

J&D, $23,000. .July

Total debt Dec.

CLINTON.—
Charles
This
is

1,

Water Bonds—

J&D,
J&D,
J&D,
J&D,
J&D,
J&D, 10,000. .. June 1, 1906
J&D,
2,000. ...Dec. 1,1901
town

.

School Bonds—

. Sept. 1, 1900
2,000.. .Dec. 1,1903
550.. .On demand.
10,000.. .Oct. 1,1905
2,800.. .Dec. 2,1905
20,000... Auk.29, 1900
23,500... June 1,1902
6,500.. Nov. 18, 1902

J&D,

10,000... Aug. 9, 1902

J&D, 51,500. .June 1, 1902
J&D, 2,000. ..Dec. 1,1900

($1,000 yearly) to Dec.

Notes—
M&S, $5.500..

City

I

I

Total valuation 1899... 2,919,567
Assessment about % actual value.
Tax rate (per $1,000) 1899. $16 50

;

was 18,547.

Treasurer.
Chicopee is in Hampden Co., and was incorporated as a city in 1890.
LOANS—
When Due. 4s, J&D, $26,000... J une 1, 1907
Bridge Loan—
3^8, J&D, 10,000.. June 29, 1908
-

|

NICHOLS, Mayor.
PtruDCTT
V CjirXtL, 1 1 — 5CHAS,
NATHAN NICHOLS, Treasurer.

JtL.

Jan.

ASSESSED VALUATION.—The city's assessed valuation

27,909; in 1880

& 4*28...

23,600
16,000
School loan, 4s
4p
15,200
Miscel. loans,
86,300
1900
Bonded debt, Feb.,
2,284,905
Tax valuation, real

Sewer debt, 4s

City Treasurer, Chelsea.

I

1900
1902
1900

1912
1903
1904
1905
1904
1906
1900
1907
1908
1901
4s, F&A,
15,000
Vus, 1,1909
3»*>.F&A. 130.000 ...Feb. 1,1910
.

.

WATER Bonds—

6s,
6s,
68,
5s.
5 s.
58,

F&A, $300,000. .Feb.
F&A, 300.000. .Aug,

M&N,
M&N,
F&A,
MAX.

4>-js. .Lvl),

4a,
4s,
4b,

F&A,
J&D.

M&N,

100.000

.Nov.

100. 000... Ma v
100.000... Feb.
100,000.. .May
9r,
000
25,000.

June

100,000.. Am:.
75. 000.. June
25,000.. Nov.

1,
l,

1904
1905

1, I'.nu:

l.

1908
1909
1909
1905
1900
1923

1.

1

1.
1,
1,
1.
1.

I

'

A&O, 70,000... Apr. 1. 1917
F&A. 25.000'... Aug. 1. 1909
Sewer Loans—

4s,
4s.

J&D, $30.000... June
($2,500 due v'rlvi to.lune

413s.

A&O. $10,000
A&O, $30,000

Oct.

4^38,

Apr.
($2,500 due v'rlvi to Apr.
4s, M&N, $25,000... May
4s, A&O,
75,000. ..Apr.
4s,
A&O, 18,000.. .Oct
4s,
F&A, 65,000.. .Feb.
Mas. 25,000.. .Mob.
Is.
Is.
J&J. 100,000*.. July
3 T88, M&N.125.000.. .May
5.500...NOV.
3^4s, MAN.
($500 due yearly) to Nov.
-. M&N, $30,000... May
te,

1*:;.

3i«a,

000 due

May

y'rly) to

A&O, $25,OO0..Apr.

($2,500 due v'rlv) to
4s. A&O, $50.000
40,000
48,
4s. .lA.l. 100. ('00'..

Apr.
Vnr.
Vpr.

A&O,

Is.

F&A, 20.000..

iS,

MAN.

4s.

F&A,

40.000..
25,000..

9pedal loans.

1,
1.
1,

1900
1911
1913
1901

1912
1913
1926
1,
1914
1925
1914
1926
1905
5. 1900
5, 1910
1, 1900
1. 1909
1. 1901
1. 1910
1, 1927
1,1928
1,
l.

July 1,1! 28
Feb. l. 1929
.May 15, 1929
Aug. 1,1!
.

22

8T*TE

INTEREST on most of the bonds is paid only at the
Treasurer; on some small issues, in Boston

office of

the City

TOTAL DEBT, SINKING FUNDS, ETCJan. 1,'99
$2,674,000

78,830

Jan. 1, '98.
$2,578,750
76,380

$3,000,338
682,935

$2,752,830
533,457

$2,655,130
549,160

Net city debt
$2,317,403
^Special loans, less sinking fds. $670,831

$2,219,373
$671,879

$2,105,970
$609,804

Net city debt, less spec'l loans.$l,646,572
Water debt (additional)
$2,000,000
628,969

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

$1,496,166
$1,925,000
503,747

$1,371,031

$1,400,408

$1,421,502

Permanent

loan,

&o

Total debt
Sinking fund, &c

"Water sinking funds

Netwaterdebt

Tot. net debt, less special loans.$3, 017,603
$2,947,902
$2,817,502
The city's assessed valuation (about th«
ASSESSED
^ame as real value) and tax rate have been as follows:

VALUATION—

Tears—
1899
1898
1897
1896
1895
1890
1885

Real

Personal

Estate.

Property.

Total
Pate of Tax
Valuation. per $1,000.

$17-80
$71,642,320
70,941.286
1780
17-20
71,292,363
17-00
69,286,496
17-20
65,238,178
16-40
53,473,183
18-80
43,820,005
POPULATION— In 1898 population was 97.517; in 1890 it was
74,398: in 1880 it was 48,961; in 1870 it was 26,766. In 1899, according to local figures, 102,281.
$44,868,550
44,071,850
43,363,900
41,935,800
40.043,050
32,459,650

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

Vol.
GEORfiE

GLOUCESTER.Gloucester

Jan. 1, 1900.
$2,919,250
81,088

Municipal bonded debt

BUfflV

CITY

/V1MB

is

in

E.

MERCHANT,

LXX
Mayor.

EDWARD DOLLIVER, Treasurer.

Essex County.

LOANS—

When DueLOANS—
Improvement Loan Notes—
1903
4s. J&D,
$4.500

When Due.
City and Municipal Bonds—
4s, J&J, $136.000... July 1,1908
4s, J&J,
15,000....
1903
4s, J&D,
12,000.... 1900-1905
4s, M&N,
28,000.... 1900-1906
4s, J&J,
19,232.... 1900-1907
4s, J&D,
27,200. .Dec.1,1900'07
48.J&J.
73,125... July l.'OO, to
($1,875 due y'rly) July 1. 1938

J&J,
6 000
1900
School-House Notes—
1900-1915
4s, M&S, $32,000
3^s. J&D, 30,000.. June 1,1900 to
($1,500 due yearly) June 1, 1919
Drainage Bonds—
4s, &&O, $3,200
1900-1907
Bonded debt Dec, 1899. $540,432

4s.

4s J&D, $33,300. .Dec. 1.1900, to
($3,700 due y'rlv) Dec. 1. 1908
3**s, J&J, $22,000. .July, 1900'09
4s, J&D,
1900-'09
70,000

Sinkingfund
Net debt Dec, 1899....
Park debt (additional).

172,220
368,212
73,125
Highway Improv. Bonds—
Total valuation 1899... 15,862,401
4s, J&J. $50,000
July 1, 1901 Assessment about \ actual value.
4s, J&J, 50,000
July 1,1902 Tax rate (per $1,000) 1 899 .$17-40
Fire Engine-House Notes—
Population in 1890 was
24,651
4s, M&S, $2,000
190J-1901 Population in 1899 (est.)... 29,000
INTEREST on the city bonds is payable at the First National Bank
of Boston on the city notes at City Treasury.
.

;

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

is

in

LOANS—

When Due. Total valuation 1898... $2,398,457
Tax rate (per $1,000) '98.. .$17-00
Oct. 1, 1900 Population in 1890 was
5,002

Funding Bonds—
4s,

A&O, $60,000

($1,500 due yearly) to Oct. 1, 1939
Total debt Apr. 1, 1899.... $6 1.500
Tax valuation, real
$1,763,155
Tax valuation, pers'l.
635,302

Population in 1899

5,100

School Bonds—
313s,

J&J, $45,000... 1900 to 1939

. .

(SAMUEL ANDE RSON, Mayor.
iriTPtltaTTDr
r
1 1 v^nirJUJreLj-. — Igeorge e. Clifford, Treasurer
This city

is in

LOANS-

Bridge—

Worcester County.
When Due.

GREENFIELD.—Wm.

Sewer— (Con.)—
4s,M&N,$10,000

(reg.) Nov.

1,1903

M&N,*9,000 (reg.)Nov. 1, 1902 4s, M&N, 35,000 (reg.)Nov. 1,1912
Burbank Hospital—
4s, J&J,
3,500 (reg.).. 1900-1906
4s, J&D, $90,000 (reg.)Dec. 1, 1903 3^8, ....
9.000.... June, 1900-'08
Fire Department—
4s, J&D,
6,000 (reg.)Dec. 1, 1906
4s, A&O, $2,000 (reg.)
1900 4s
12,000.. Dec, 1900-1907
4s, J&D, 35,000 (reg.) June 1, 1903 3>28, ...
2,000. .Deo., 1900-1901
4a,
6,400
June '00-07 3»*8,
10.000.. Nov., 1900-1909
3*38
2,700
June '00-08
Sidewalk—
3 Hss. J&J, 2,000
June, 1900-'09 4s, J&D, $1,500.... Dec. 1, 1900
Citt Bonds—
4s,
...., 5,600.... Dec, 1900-*07
4s, J&D, $200,000 (reg.) June 1,'13 3128
1,800 ..June, 1900-*08
Grade Crossing —
3»«8
7,0,0 (reg.).... 1900 *09
4s, J&D, $8,000 (reg.) Dec. 1, 1905
Paving
4s, A&O,$50,000 (reg.)Oct. 1, 1903
4s, M&N, 2,500 (reg.)Nov. 1,1902 4s, J&D, l4,000(reg.)J'lyl,'00'06
4s,

,

,

,

—

3»2S,

3^8,
3138

,

4,500.. ..Dec. 19J0-'08
19,000 ...July l<}00-'09
3,000 ..Nov. 1900 '09

Police Station—
$7,000 (reg.)1900 to 1903
(reg.)Apr. 1, 1904

4s,
4s,

A&O, 32,000
School—

4s,
alas, ...

312s
3138

4,000
9,000
5,600
14,000

,
,

Water—

4s,J&J,$100,000

1900-1907
June,'O0-'08

Dec.

'00-'08

(reg.). ...1900 '09

1901
4s, M&N, ll,000(reg.)Nov. 1,1902
4s, M&N,$20,000 (reg.)Nov.l,1902 4s, M&N, 25,000(reg.)Nov.l, 1903
3*28. J&J, 20,000. ..July, 1900-'09 6s, J&J, 80,000(cou.)July 1, 1905
4s, J&D, 25,000
June 1,1914 6s, J&J. 20,000(cou.)July 1, 1906
4s, M&N, 200,000(c&r),Mayl, 1923 4s, M&N, 100,000 (reg.) May 1. 1911
4s, J&D,
50,000(reg.) June 1, '25 4s, A&O, 300,000treg.)Apr.l, 1922
Sewer
3is8,J&D, 12,000(reg.)Decl, 1922
4s,

JaD, $2,000

(reg.) July 1,

Dec. 1,'00-'01

B.

Allen, Treasurer.

This town is in Franklin County. The fire district is a municipal
corporation within the town and has a distinct debt.
When Due. SettlementTown of Deerfield.
LOANS—
Abolition Clay Hill Crossing. 4s, J&J, $10,000 ...Oct. l,'06-'07
J&D,
4s.
1886
Oct. 15, 1900 Interest is payable at Greenfield.
Bridge Loan—
Tot.townd'btMar.,1900. $78,511
4s, J&J, $8,000
May 1,1905 Fire Dist. debt. Mar., 1900 39,375
General Loan—
Tax valuat'n, real
4,649,412
4s, J&J, $10,925
Oct. 15, 1905 Tax valuation, personal. 1,261,313
Renewal RR. Bonds—
Total valuation 1899.... 5,910,725
4s, J&J, $9,000
Oct. 15, 1900 Tax val'n, Fire Dis. 1899.5,241,424
($3,000 due y'rly) to Oct. 15, 1902 Assessment same as} actual value.
$14-00
School Loan—
Town total tax 1899
4s,"'J&J, $1,700
050
Oct. 15, 1900 Fire District tax, 1899
4s,A&0, 10,000. ..Oct. 15,1901-2 Population in 1900 (est.)
8,000
4s, A&O, 15,000. ..Oct. 15,1903-4 Populationin 1890 was
5,252

Sewer Loan—

4s,

July 16, 1914

J&J, $12,000

TAX FREE- —All bonds issued

by

HAMPDEN CO.—
County seat

is

this

town are tax exempt.

Wells Bridge,

Treasurer.

Springfield.

When Due. Funded debt Jan.
LOANS—
Court House Notes—
Floating debt

1.

1900.$230,000
18,218

Totaldebc Jan.'l, 1900.
248.218
Sinking fund and cash..
73,051
Jail & H. of Corr. Bonds—
Net debt Jan. 1, 1900..
175,167
3s, F&A, $200,000.... Aug. 1, 1905 Tax valuation in 1899.143,470.32 3
Temp'y loan Nov.5, 1900.$100,000 Populationin 1890 was. ..135,713
Populationin 1895 was... 152,938
INTEREST on the jail and house of correction bonds is payable at
the First National Bank of Bos on, Mass.; other interest payable at
the Springfield Institute for Savings, Springfield, Mass.
Jan. 1,1901
7s, ....,$30,000
($10,000 due y'rly) to Jan. 1, 1903

j

PAR VALUE OF BONDS.—The

registered and part coupon.

INTEREST

Bank.

The

bonds are for $1,000 each, part

on coupon bonds is payable in Boston at Merchants'
on registered bonds Is remitted by check.

interest

TOTAL DEBT, SINKING FUNDS EtcDec 1,1899.
Total city debt
8ink±ng funds, cash, etc

$1,592,200
398,878

Net debt
$1,193,322
Water debt, included above.... $648,000

Dec. 1,1898. Dec. 1.1897.
$1,530,200
$1,760,500
340,630
522,191

$1,189,570
$636,000

$1,238,309

$736,000

ASSESSED VALUATION AND TAX RATEReal

Personal

Total

Estate.

Property.

Valuation.

1899
1898
1897
1896
1895
1894
1893
1892
1890

$18,127,160
$1,9S3,091
$23,110,251
17,778.838
4,656,253
22,435,091
16,603,260
4,652,016
21,255,276
16,113,647
4.660,212
20,773,859
15,328,719
4,526,755
19,855,474
14,267,106
4,210,573
18,477,679
13,855,603
4,419,556
18,275,159
12.971,915
4,093,630
17,065,545
11,885,080
3,591,126
15,476,216
POPULATION.— In 1899 population was about 2 ',438

was

22,037; in 1880

it

was 12,429;

FRAMINGHAM.
—
When

in

1870

it

was 11,260.

Rate of Tax
per $1,000
$18-00
18-60

1920
1920
18'10
18-10
18-00
16-40
16-40
;

in

1890

U
nAAinTDUTT
V

T

—

5

JOHN

A.

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

A&O,
A&O,
A&O,
M&S,
A&O,

25,000.... Oct. 1. 1922
25,000.... Oct. 1. 1923
65,000.... Oct. 1. 1906
66.000.... Mar. 1. 1907
Oct. 1, 1909
36,000

Street Bonds—

4s,
4s.

A&O, $22,000
A&O. 50,000..

.

..Apr. 1.1908
..A...r.

1,1909

Sewer Bonds—
4s, A&O, $2,000...

Apr. 1, 1908
Apr 1, 1909
5,000
INTEREST on the water bonds and on the $70,000, the $90,000 and
the $50,000 lots of the city bonds is payable at National Bank of Redemption, Boston, and upon all other city bonds at Treasurer's office.
TOTAL DEBT.—The following statement shows the city's debt:
Jan. 1,1900. Jan. 1,1899. Jon. 1, 1898.
Bonded debt
$927,429
$956,000
$928,250
Sinking funds
299,418
337,010
325,160
I

4*,

it

GLINES, Treasurer.

tLr\ri.ii-,l-..
} ARTHUR E. LEACH, Auditor.
This city is in Essex County.
When Due.
When Due.
LOANS—
LOANSCity Bonds—
Water Loan —
4s, A&O,$120,000
Oct. 1, 1900 4s, J&D. $300,000
Dec. 1,1912
4s, A&O, 70,000
Oct. 1,1901 4s, J&D, 500,000
Dec. 1, 1922
4s, A&O, 55,000
Oct. 1,1903 4s, J&D,
Dec.
50,000
1, 1927
4s, A&O, 90,000
Oct. 1,1904
School Bonds—
4s, A&O, 50,000
Oct. 1, 1921 4s,
,$25,000. ...Dec. 1, 1907
Oct. 1, 1902 4s, A&O,
48, A&O, 60,000
10,500.... Apr. 1, 1908
4s, A&O, 110,000
Oct. 1,1905 4s, A&O,
10,000
Oct. 1, 1909

A&O,

town is in Middlesex County
Tax valuation, real
$7,162,690
Netdebt
$628,011
$618,990
$603,090
Tax valuation, personal.1,957,188 Net water debt (additional)
$837,413
$839,693
$864,162
4s, F&A, $140,000.
.Aug. 1, 1908 Total valuation 1899
9,119,878
Interest is payable in Boston.
The gross water debt on Jan. 1, 1900, was $961,000 and the water
Total tax (per $1,000) '99
$1600

LOANS—
Sewer Bonds—

This

Due.

. .

Total debt Mar. 1, 1900.. $341,737 Population in 1899 (est.) ...11,000
Sinking funds
70,000 Population in 1895 was
9,498
Net debt Mar. 1, 1900. .. 271,737 Population in 1890 was
9,239

FRANKLIN
CO.—
Countv
seat

is

A.

Newcomb,

Treasurer.

Greenfield

When Due. Total debt Jan. 1, 1900 1 $70,845
LOANS—
Jail Loan—
Tax valuation 1898
22,455,992
4s, J&J, $52,854 23.. ..On demand Tax rate (per M.) '99..
957
State Highway Loan—
Population in 1896 (est).... 40,149
3s
1900-1905 Population in 1890 was
,$16,863 74
38,610
INTEREST on the jail loan is payable in Greenfield.
TAX FREE.—All bonds issued by this county are tax exempt.

GARDNER.—
This town

is

J.

D. Edgill, Treasurer.

in Worcester County.

High School Loan—

Tax valuation in 1898. $5,192,981
J&J, $55,000... .1903 to 1924 Tax rate per $1 ,000) '98. ... $22 -00
Total debt Feb. 1, 1899.. $177,000 Population in 1895 was
9,183
Demand loans, included. 10,000 Population in 1890 was
8,423
Sewer loans, included
44,00o
INTEREST is payable at the First National Bank, Gardner, Mass.
4s,

(

sinking fund $121,307.

ASSESSED VALUATION of the city and the tax rate have been
as follows in the years indicated. Assessment about % actual value.
Tax rale
-Assessment.—
per $1,000.
Real.
Personal.
Total.
Tears.
$17-80
$20,394,763
$25,60 1, 234
$5,209,468
1780
20.307,669
25,502,483
5.194,814
16-80
19,804,497
24,942,096
5,137,599
16-80
21,228,671
16,667,257
4.561,414
16-70
16,058,448
20,793,004
4,734,556
1700
13,139.666
4,731,106
17,870,772
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 DueWhen Due.
LOANS—
LOANS—

1899
1898
1897
1896
1895
1890

Improvement Bonds—

Bridge konds—

July 1,1900
J&J, $6,300
($1,050 due yearly) to July 1,1905

4a.

School House Bonds—

Jan. 1, 1903
J&J, $25,000
($2,500 due yearly) to Jan. 1,1912

4s,

Funding Bonds—

Jan. 1,1901
1,1900 4s. J&J, $6,000
Jan. 1,1901 ($3,000 due yearlv) to Jan. 1. 1902
4s,J&J, 12,000
($l,000due yearly) to Jan. 1,1912 Tot.bds.outst'd'gJan.1,'00 58,000
Water debt (additional)... 111,000
Sewer Bonds—
4,735
4 138, J&J, $6.000
July 1, 1900 Populationin 1895 was
3,720
($500 due yearly) to July 1, 1911 Population in 1890 was
4s,

A&O, $2.700

Oct.

April,

POPULATION.— Population in 1890 was 27,412; in 1880, 18,472
In 1870, 13,092; in 1895, 30,209; in 1897, 34,944.

HOLBROOK.-George
Norfolk County.
Wlien Due.

is in

LOANS-

A&O, $30,000.... Apr.
Apr.
A&O, 30,000
Apr.
A&O, 40,000

1907
1912
1917
Julyl, 1922
1,
1,
1,

rjr^T vr^TJ-T?
I OJrVrL,. —
ttUL
This city

is in

LOANS—

Interest.

•

—

This town

When

Rate. Payable.
NAME OR PURPOSE.
1891 4g.
S
Bridgebonds

M&

Principal.
Due.
Outsland'ng.

1911
1914
July
1904
Apr.
1905
July
1906
Junel, 1907
Sept. 1, 1908
July 1,1909
May 1, 1909
June 1, 1915
July 1, 1916
Mar. 1, 1917
May 1, 1913

$85,000
105,000
1894
City bonds
190,000
"
1895
150,000
1896
J & J
125,000
"
1897
J
166,000
1898
8
90,000
"
1899 3%gJ & J
30,000
N
1899 4g.
7,000
School loan
1895 4g. J
150,000
"
1896 4g. J & J
100,000
"
1897 4g.
8
109,000
Sewerbonds
1893 4g.
50,000
"
1893 4g.
Oct. 1,1913
100,000
Waterloan
July 1, 1900
6
J & J
250,000
"
1897 4g. J & J
Jan. 1, 1927
250,000
Holyoke&Westf. RR. (ref.) 4g. J & J
July 1, 1913
60,000
do
do 1890 4g.
Oct. 1, 1910
166,000
INTEREST on the water bonds U payable at the City Treasury; on
all other bonds at the National Hide & Leather Bank, Boston.
....1894

4g.
4g.
4g.
4g.
4g.
4g.

Sept. 1,

& D
& J

J
J

June

A&O

&D
M&
M&

&D
M&
M&N
A&O

1,
1,
1,
1,

TOTAL DEBT, SINKING FUND, EtcTotaldebt
Sinking

fd.

Apr. 1, '99. Jan. 1, '98.
$2,447,000 $2,482,000
881,388
978,009

1900.
$2,183,000

& RR.

1 3,

^19,728

stk.

in

Jan. 1, *97.
$2,038,000
870,816

When Due.

are valued at $1,100,000.

ASSESSED VALUATION AND TAX ROLL—
Assessed Valuation.
Rate of Tax
Personal
Real
Total
per $1,000.
$28.703,8?0
$8 957,120
$37,660,950
16 00
28,239,530
1440
7,637,010
35,876,540
15*80
25,057,810
7,414,450
32,472,260
16-40
21,908,720
7,648,505
29,557,225
16-80
20,578,390
7,126,235
27,704,625
16,914,870
5,158,955
22,073,825
1800
POPULATION— In 1890 population was 35,528; in 1880 it was
21,915; in 1870 it was 10,733; in 1899 (according to local figures) it
,

Tears—
1899
1898
1897
1896
1895
1890

40,322.

This town

is

I

LOANS—

Amount.

Town Notes
Water Notes

Electric light notes
Total debt Jan. 1, 1900.
Cash & uncollected taxes
.

$70,400
109,200
38,000
217,600
38,256

.

I

;

HARRINGTON, Treasurer.
LEXINGTON.—
\l; I SAVILLE,
Middlesex County.
.

Clerk.

This town

is in

When Due.
LOANS—
School House Notes—
1900

$6,000

33ss, Var.,

Water Works Bonds—
48, M&N, $180,000

1916

($10,000 due yearly on Nov. 1.)
4g, J&J, $7,000, g..July 1, 1900-06
($1,000 due yearly.)
$8,000 g.. Jan., 1901-1908
4s

Total tax (per
Population in
Population in
Population in

$1,000) 1899.$21-25
1895 was
5,308
1890 was
4,670
1880 was
3,739

Treasurer.

Clerk.

This town

is

in Norfolk County.

LOANS—

Town Bonds—
M&N, $8,000

Nov.
($2,000 due yearly) to Nov.

Libraky Bonds—

4s,

M&N,

$23,000.
($2,000 yearly) to
($1,000 yearly) to

May
May
May

1,
1,

is

in

E.

J&J, $136,000

Julyl, 1924
1, '00.. $138,000

Floating debt
27,940
Total debt Jan. 1, 1900.. 165,940
Sinking fund
10,155
Net debt Jan. 1, 1900.... 155,785
is

This city

is

in

School Bonds—
4s, F&A, $160.000.Aug.

ARTHUR

1,

1900, to
1,

1919

Cemetery Bonds—
J&D, $10.400. June, 1900-1903
City Debt of 1896—
4s, M&N, $10,500.Nov., 1900-1906
Municipal Debt Bonds—
6s, F&A, $3,000
Feb. 1, 1905

4s,

J&J, 262.000
Julv 1.1924
J&D, 90,000
1901-1909
45,000 July, 1900 1909

Sewer Bonds—
4s,
4s,

J&J, $300,000

MAS,

Population in 1895 was
Population in 1890 was

RICHARD

When Due.

($8,000 due yearly) Aug.

Julv

1,

1904

39.000.Sept.,190' -l!>12
,

Bonded debt Jan.

1, 19GO.$251,4fO>
35,000
Floating debt
Totaldebt Jan. 1, 1900.. 286,4*0
Tax valuation, real
4,275,545
Tax valuation, personal 756,460
5,032,005Tax valuation 1899
Assessment same as actual value.
$1600
Tax per $1,000 1899
Population in 1895 was
3,497
Population in 1890 was
3,197

$10,000 g....Nov. 1. 1917
Nov. 1,1918
10.000

JEREMIAH CROWLEY,

O^AT'TT'T
L- K
^ vv X2jJ-' Ti-J . 5} CHARLES
This city is in Middlesex Countv.
r

When Due.
LOANS—
Bridges—
3'8 8, F&A, $30,000... 1900 to 1904
($6,000 due yearly.)
$10,400.. .1901 to 1904
($2,600 yearly on Feb. 21 .)
4s, J&J,
$37,500... 1901 to 1905
($7,500 yearly on Jan 4.)
4s,

4s,

F&A,

M&N,

1900to 1907

$8,080

($1,010 yearly on Nov. 24.)
4s,
$27,090. .Deo., 1900-19' 8
4s, ..... 31,500.. July. 1900-1908
.

.

,

.

1900 to 1908
3^8, ..., 22,500
($2,500 yearly on Aug. 6.)
C. H. & M. Building—
4s, A&O, $7,500 ....1900 to 1904
1,

1920

$62,000.. .1900 to 1903
($15,500 due yearly on Nov. 1.)
4s, J&J,
$3,500. . . July 16, 1900
4s, M&N, 4,600.... Nov. 29, 1900
4s, M&N. 30,000. Nov. 1, 1900-'02
.

4s,
4s,

M&N, 17,500.May,1900to'06

4s,

M&N,

M&S,
9,400 .... 1900 to 1901
($4,700 due yearly on Sept. 14.)
4s, M&N, $11, 000.... 1900 to 1901
($5,500 due yearly on Nov. 28.)
*2 1 ,000.

. .

.

1900 to 1902

May

F.

COBURN,

Mayor.
Treasurer.

Schools—
1900 to 1901
J&J. S12.000.
($6,000 due yearly on July 6.)

4s,
4s,

A&O. $3,800

1900

4.)

J&D. $15,960

to

1901

($1,900 due yearly on Oct. 19.)
4s,

J&D, $10.500

1900

to

($3,500 due yearly on June

1902
3.)

F&A, $21,000

1900 to 1902
($7,000 due yearly on Aug. 31.
4s, A&O, $150,000... April 1,1921
4s, J&J, 200,000.... July 1,1926
3V, J&D, 12,500... 1900 to 1904
'$2,500 due yearly on July 1 2.)
1900 to 1907
4s
$36,000
($4,500 due yearly on Aug. 10.
State Aid— Spanish War—
$4.680.. Aug., 1900-1908
4s
4s,

.

Sewer Bonds—
A&O. $10,000

4s,

M&N,

1900

to

($5,000 due yeariy on Apr.

1902
9.)

A&O, $56,000
A&O, 94.000

Oct 2,1902
Apr. 2. 1903
1901 to 1905
6,000
4s. J&J,
($1,200 due yearly on Jan. 4.)
3^>s, M&N, $25,000.. 1900 to 1904
($5,000 due yearly on Mav 4.)
1900 to 190548, F&A, $60,000
($10,000 due yearly on Aug 7.)
4s, M&N, $:0.000....1900 to 1901
($10,000 due yearly on May 16.)
1900 to 1903
4s, J&D, $23,200
($5,800 due yearly on June 17.)
4s, J&D. $48,800
1900 to 1903
($12,200 due yearly on Dec. 3.)
4s,

4s.

1900 to 1903
($3,990 due yearly on June 7.)
3138. J&D, $25, C 00... 1900 to 1904
4s, M&N, $12,000.... 1900 to 1907
($5,100 due yearly on June 29.)
3^8. A&O, $50,000... 1900 to 1904
($1,500) due yearly on Nov. 8.
($10,000 due yearly on Oct. 19.)
35ss, M&N, $52,500. .1900 to 1906
4s.M&N,$60,000(reg.)1900 to 1905
($7,500 due yearly on May 5.)
($10,000 due yearly on Nov. 27.)
4s, M&N, $60.000.... 1900 to 1907
48, M&V, $35,000... 1900 to 1906
($7,500 due yearly on May 11.)
4«
$27,000.Sept.,1900to'08
($5,000 due yearly on Nov. 18.)
4e,
10,000 .Dec, 1900 to '09
$90,000... May, 1900-1908 4s
4s
90,000. .Nov., 1900-1908 4s, ..... 30,000. Aug. 1900 to "09
19<0-190K 4s
313s, .., 31,500
30,000 June, 1 900 to '09STR F ETS—
4s,
...
31.500.. .Mar., 1901 to '09
1901 to 1904
4s,
28,000. Sept., 19«
to '0^ 4s F&A. $10,400
4s,
...
29,500. .Aug., 1900 to '09
($2,600 due yearly on Feb 1.)
19M to 1905
4a,
33,000 .June, 1900 to '09 4s, J&J. $37.500
...
4s,
...
17,P00..June.l900to'09
($7,500 due yearly on Jan. 4.)
,

.

valuation, real
$2,360,811
valuation, person'l
731,121
Total valuation 1899... 3,091,932
Assessment about % actual value.
Tax rate (per $1,000) 1899. $1400

4,720
4.439

A.
J.

BAILEY, Treasurer.
SHEA, Auditor.

Essex County.

LOANS—

4s,
4s,
3s,

Condon, Treasurer

payable in Boston at the Old Colony Trust Company.

LAWRENCE—

.

,

Bonded debt Jan.

INTEREST

9,285,875

When Due. Tax
Tax

Water Bonds—
4s,

valuation, real

1900 Tax valuation, personal. 998,010
1903 Total valuation 1899... 10,283,885
1918 Tax rate (per $1,000) 1899. $2000
Population in 1895 was
11,828
Population in 1890 was
10,193

Essex County.

LOANS—

4s,....,

4s,

1900-1927
1900
($5,000 annually on Mav 1.)
1903 Total debt Feb. 1, 1900... $171,000

IPSWICH.— Thomas
This town

Sewer Loan—
4s, M&N, $140,000

Tax
1,
1,
1,

48, ....,

($7,000 due yearly on

When Due.

4s,

Refunding water—

4 14f,

in 1899.. .2,939,537

,

)

A&O, $4 50,000.... Oct.
Miscellaneous—

Tax valuation

,

,

4s,

Net debt Jan. 1,1900.... $179,344

HYDE PARK.-Jiffi! BUNTON,
TERRY,

When Due.

,

($1,500 due yearly.)

SAVILLIAN ARNOLD, Treasurer.
ID. W. STRATTON, Clerk.
situated in Middlesex County.

HUDSON.

LOANS—

Town Hall and School—

21,000..
50,000.. '.Nov. 17, 1900
40,000.. .May 17, 1900
25,000.. .June 1.1900
103,000.. .Oct.
1. 1925

,

Net debt
$1,463,272 $1,565,612 $1,503,990 $1,167,184
Water debt.lncl. above $500,000
$500,000
$500,000
$250,000
CITY PROPERTY— Included in the city's sinking fund as given
above for Feb. 23, 1900, is $226,500 Holyoke & Westfleld RR. stock
This railroad 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

was

Joslin, Treasurer.

Worcester

4^8, J<xJ, $13,900... July 1, 1918
94.500
1914
4s,
9,300
4s, M&N,
Water debt
$318,000
4s. M&N,
Floating debt
122,550
4s, J&D,
Sewer debt
23,500
4s, A&O,
1900 1901 Town Hall &sch.h. debt. 117,700
10,000
48,
22,414
Funds held in trust
($5,000 yearly on May 1
604,164
49,000
Oct., 1923 Total debt Jan. 1, 1900.
45,
valuation,
5,919.705
Tax
real
Sewer Loans—
4*28, M&N, $7,000... Nov. 1, 1903 Tax valuation, personal. 1,038.410
3,500... Dec. 1, 1901 Tot'l valuation in 1899. .6,958,115
4148, J&D,
1904 Total tax (per$l,000), 1899. $21-00
6,000
4s,
.....
9,214
1905 Population in 1895 was
7,000
4s,
N T E R EST on the water bonas is payable at the Boston Safe Deposit
& Trust Co. of Boston on the 4 per cent general debt loan at Leominster; on all other loans at Boston.

A&O

Ftb.

is

4*2S,M&8,$20,000.. .Sept. 1,1900

City Treasurer.
.

,

I

C. A.
LEOMINSTER.—
County.

LOANS-

County.

190?

1,

,

,

Hampden

I

J uly

J&J, $6">,000

Water Works—

CHAPIN, Mayor.

B.

PIERRE BONVOULOIR,

I

I

Assessed val'ation.per'l 8,843,097
Total valuation 1 899.. .38,626,197
Assessment about full value.
Bonded debt Jan. 1,*00 $•.2,287,007
798,936 Tax rate (per $1,000) 1*»99.$15 60
Hinking funds & assets.
44,654
Net debt Jan. 1, 1900.. 1,488.161 Population in 1890 was
840,707 Population in 1900 (est.)... 59,000Net water debt (includ.)
INTEREST Is paid at the Tremont (now Eliot) National Bank In
Boston and bv the City Treasurer.
CITY PROPERTY. —The city owns property valued at $2,602,29821 including $1,220,89 70 for water works.

|

ARTHUR

J

When Dw. Assessed val'ation,real.29.783,100>

LOANS-

|

.

35,000
Interest is paid in Boston.
Bonded debt Jan.1,1900. $135,000
19,342
Floating debt
,

Treasurer.

Total debt Jan. 1, 1900. $154,342
Sinking fund assets
3!), 933
Net debt Jan. 1.1900.... 111,409
Total value town prop'ty 177,251
Tax valuation in 1899. .1.210,522
Tax rate (per $1,000) 1899..$2000
Population in 1895 was
2,298
Population in 1890 was
2,474

Water Works—
48,
4s,
4s,
4s,

French,

B.

23

TOWNS.

Bridge Bonds—

4s,

This town

^^

W*SS*CttU3£TTS~CITI£8

1900.

LOANS—

Sewer Bonds— (Con.)
4s.
4s,
4s,
4s,

When Due

J&D, $20,000.Dec, 1900-1903
J&D. 72.000.June,1900-1925

M&N,

J&D.

27.000.Nov.. 1900-1917
39,000... 1900 to 1925

Public Building Bonds—
4s,
$39,000.. Dec, 1900-1905
4s,
4s,

,

4s,

,

21 000. Nov., 1900-1906
52.500. .Deo., 1900 1906
44,000. Sept., 1900-1907

Water Bonds—
6s,
4s,
4s,

A&O,
J&J,

$100,000.... Apr. 1, 1906
477.000.... Julyl, 1923

A&O, 175,000 .. Oct. 1. 1923
(Subject to call after 0?t. 1. 1913.)

.

,

4s,

..,

4 s,

...

4s,

...

14,000...Dec.,1900to'09
6, 100. .Nov., 1900

to *09

26.000..Nov.,1900to'09

Park Bonds—

3^8, F&A, $70.210.. Feb. 19, 1904
Public Buildings—
3»as, A&O, $3,500. ...1900 to 1904
($700 dne yearly "n Oct. 19.)
4s,M&S,$13,300(reg.)1900to 1906
($1,900 due yearly on Sept. 19.)
4s, J&D, $13,500.... 1900 to 1902
($4,500 due yearly on June 3.)
4s, ..... $32,400 .Oct., 1900-1908

M&N. $17,500 (reg.) 19c to '06
($2,500 due vearly on May 6.)
$12,000.. July, 1900 to '094s, ...
4s.

,

Water Works—

Mar. 9. 1901
1900 to 1902
($10,000 due yearly on Dec. 1.)
4s,
M&N, $75,000. Nov. 1, 1911
4s,
MAN, 1,000.000. Nov. 1. 1920
3ios, F&A,
25.000 1900 to 1904
($5,000 due vearly on Aug. 6.)
1900 to 19104s, F&A. $55.000
($5,000 duo vt'iirlv on Aug. 7.)
4s, M&N, $32. 800 ...1900 to 1907
($4,100 due yearly on Nov. 8.)
4s,
4s.

TOTAL DEBT, SINKING FUNDS,

M&S, $6,000.
J&D, 30,000

ETC.—

Jan. 1.1900.
Total debt

(incl.

Slnkingfunds

water debt).. ..$3, 876>20
567,955

Jan. 1, '99.
$3,879,950
506,870

Jmn.1,'98.
$3,775,350
446,572

$3,328,778
$3,373,060
$1,290,000
$1,859,900
$246,916
$220.84*
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:

Net debt
$3,308,865
Water debt (Included above).... $1.229. 800
#273'. 623
....
do
Water debt a. f.

24

STATE MID CITY SUffiEWEflflT,
Real Estate.
$55,878,355
55,622,880
54,678,720
53,035,960
52,257,400
45,316,150
41,322,794

$15,373,017
15,313,363
15,707,450
15,965,987
16,524,642
17,037,462
15,426,459
POPULATION.— In 1895 population was

VN1M^
Ljlin
T

J
•

I

Mate of Tax
»er$l,000.
$1960
$71,251,372
18-00
70,941,243
17-40
70,386,170
1500
69,901,947
18-00
68,782,042
1700
62,353,612
1570
56,749,253
84,359; in 1890 77,696-

Assessed Valuation
Personal.

,

Tears—
1899
1898
1897
1896
1895
1890
1887

>

Total.

WILLIAM SHEPARD, Mayor.
WH, F. BRACKETT. Auditor.
Lynn pays

to the sinking 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.

This city

is

in

Essex County.

LOANS-

LOANS—

Whe?i Due.

Ckmetery Land—

When

due.

Sewer Loan— (Con.)—

J&J, $50,000, r... Jan. 1 1913
Engine House—
A&O, 40,000.r
Apr. 1916
4s, J&J, $15,000, r. ..July 1,1901 3%s, J&J, 10,000, r..Julyl 1904
4s, A&O, 10,000, r. ..Apr. 1, 1902 4s, A&O, *20,000
Apr. 1 1908
6s, J&J,
20.000, r... July 1 1915
5,000, r. ..Jan. 1,1904 4s, J&J,
4s,A&0, 10,500
Apr. 1,1908 4s, A SO, 100,000, r...Apr. 1 1927
4s,A&0, 10,000
Street Improvement—
Apr. 1, 1916
Fire Apparatus Loan
4s, A&O, $30,000
Apr. 1 1902
4s, J&J, $11,000, r....July 1, 1900 4s, J&J,
50,000, r.. Jan. 1 1903
Municipal Loan—
48, A&O,
5,000, r..Oct. 1 1903
4s,A&0, $2,000, r.. Oct. 1,1900 4s, J&J, 30,000, r.. Jan. 1 1904
4s, J&J, 101,000, r.. Jan. 1, 1903 4s, J&J,
25,000. r..Jan. 1 1904
4s, J&l>,
29,000, r..Dec. 1, 1904 4s, J&J.
50,000, r..July 1 1905
4s, J&J,
Apr. 1 1908
58,000
Jan. 1, 1904 4s, A&O, '35,000
4s, A&O,
Apr. 1, 1906 4s,*A&0, 125,000, r.. Apr. 1 1920
54,000
4s, J&J,
60,000
July 1,1907 4s/ A&O, 25,000, r.. Oct. 1 1921
4s, A&O,
16,500 ....Apr. 1, 1908
Public Library Loan—
4c, A&O, 35,500
Apr. 1 1917
Oct. 1, 1908 4s, A&O, $35,000
Water Loan—
4s, J&J,
Jan.1,1909
8,000
4s, A&O, 61,000
Apr. 1, 1909 58, J&J, $50,000,c&rJan. 1 1900
4s. A&O, 30,000
Jan. 1, 1919 5s, J&J,
50,000, c. Jan. 1 1901
Park Loan—
5s, J&J, 200,000,c&rJan. 1 1905
4s, A&O, $12,000, r. ..Oct. 1,1902 4s, A&O,
10,000, r.. Apr. 1" 1900
1903
4s, J&J,
5,000, r ..Jan. 1, 1903 4s, M&S,
8,000, r.. Mar.
1905
4s, J&J,
30,000, c ..July 1, 1919 4s, J&J, 150,000,c&rJan.
1913
4s, A&O,
6,000, r. ..Oct. 1,1919 4s, M&N,
20,000, r.. Nov.
1914
4s, A&O, 20,000, r. ..Apr. 1,1920 4s, M&S,
50,000, r.. Mar.
1914
4s. A&O,
5,000, r. .Oct. 1, 1920 4s, J&D,
20,000, r.. Dec.
Police Station Loan—
1916
4s, M&S,
10,000, r.. Sept.
1916
48. J&J, $8,000, r.... July 1, 1900 4s, A&O.
9,000, r..Oct.
School House Loan—
1917
48, J&J,
7,500, r.. July
4s,A&O,$30,000, r
1917
Oct. 1, 1900 4s, F&A,
5,000, r..Ausr
4s, A&O, 55,000, r....Apr. 1, 1901 4s, A&O,
1917
2,000. r.. Oct.
1917
4s, A&O, 30,000, r....Oct. 1, 1901 4s, M&N,
6,500, r.. Nov
4s, A&O, 20,000, r....Apr. 1, 1902 4s, A&O,
1918
15,000, r.. Apr.
4s, J&J, 28,000, r.... July 1,1902 4s, J&D,
10,000, r.. June 1 1918
4s, J&J, 5,000, r.... Jan. 1,1903 4s, J&J, 85,000, c&r. July 1 1919
4s, J&J, 10,000, r.... July 1,1903 4s, A&O, 100,000, c&r. Apr.
1919
4s, J&J, 5,000, r.... Jan. 1,1904 4s, J&J,
75,000, r.. July 1 1919
4s, A&O, 10,200, r.... Oct. 1, 1904 4s, J&J,
35,000, r..Jan. 1 1920
4s,* A&O, 60,000, r....Apr. 1, 1909 4s, A&O, 150,000, r.. Apr. 1 1920
4s,* A&O, 50,000, r.... Oct. 1,1910 4s, A&O,
50,000, r.. Apr. 1 1921
4s,*A&O,140,000, c&r.Apr. 1, 1911 4s, A&O,
25,000, r.. Oct. 1 1921
*5,500
4b, J&J,
Jan. 1, 1908 4s, J&J,
50,000, r.. Jan. 1 1922
4s, A&O, *25,000
Jan. 1, 1918 4s, J&J,
25,000, r.. July 1 1922
4s, J&J, *35,000
Jan. 1, 1918 4s, A&O,
40,000, r.. Apr. 1 1923
Sewer Loan—
4s, J&J, 165,000.... July 1 1925
4s, J&J, $10,000, r... Jan. 1,1903 4s, J&J,
50,000.... July 1 1926
4s, J&J,
r...
Jan.
25,000,
1,1914 4s, J&J,
25,000, r.. July 1 1927
4s, J&J, 30,000, r... July 1, 1904 4s, J&J,
25,000. . ..July 1 1928
4s, M&S, 25,000, r...Sept.l, 1905 4s, A&O,
10,000.... Oct. 1 1928
4s, J&J, 100,000, r...July 1, 1906 4s, J&J,
25,000. . ..July 1 1929
4s, M&N, 20,000, r. Nov. 1 1906 334s, M&N, 7,300, r.. May 1 1904
4s, M&S, 10,000, r... Sept. 1,1907 334s, M&N, 31,000, r..Nov.
1913
4s, M&N, 10,000, r... Nov. 1,1907 334S J&D,
1915
6,000, r.. Dec.
4s, F&A, 10,000, r...Aug. 1, 1908 3^s, M&N, 66,500, r..May
1905
4s, M&S, 10,000, r... Sept. 1, 1908 3^8, J&D,
1905
5,000, r. .Dec.
48, M&N, 10,000, r...Nov. 1, 1908 312s, A&O, 2,000, r..Apr. 1 1916
4s, J&J, 10,000, r... Jan. 1,1909 3^8, M&N, 24,500, r..May 1 1916
4s,*A&0, 100,000, r... Apr. 1, 1909 312s, J&D, 3,500, r. .June 1 1917
4s, J&J, 35,000, r... July 1,1910 3*2S, F&A,
6,500, r.. Feb. 1 1917
4s, A&O, 10,000, r...Oct. 1, 1910 4a, A&O, 100,000, r... on demand
4s, J&J, 10,000, r... Jan. 1,1911 4s,
1930
25,000,
4s, A&O, 50,000, r...Apr. 1, 1911
Miscellaneous Bonds—
4s, J&J,
35,000, r...July 1, 1911 4s, Var., $35,800, r. .1902 to 1904
4s, A&O, 20,000, r... Apr. 1,1912 4s, A&O,
56,000
Oct. 1, 1907
4s, J&J,
20,000, r. .July 1,1912
4s,

J&J, $25,000, r

..Jan. 1,

1903

4s,
4s,

"

. .

,

LOANS—

LXX

Vol.

Sewerage—
May 2,1922
M&N, $50,000
May 2,1923
M&N, 100,000
M&N, 200,000.... May 2, 1924
M&N, 150,000.. ..May 2, 1925
100,000 .... May 2, 1926
Drainage Bonds—

Wlien Due.

Brick Sidewalks—
4s, M&S,
$2.000. .Mar. 15, 1901
. .

($1,000 due yearly)to Mar. 15, 1902
4s, M&S, $4,000
Mar.15, 1901
($1,000 due yearly to Mar.15, 1904

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

J&D, $4,800
June 1, 1900
($800 due yearly) to June 1, 1905. 4s, J&J, $2,000.. July, 1900-1901
4s, J&J, $7.000
June, 1900
Julyl, 1900 4s, J&J, 2,000
($1,000 due yearly) to Julyl, 1906 3^8, ..., 10,000. June,1900 to 1909
4s,

Street Loans—

Jnly 1,1900

4s, ....,$8,000

M&N, $4,000

Mar.15, 1901

($1,000 annually) to July 1. 1907.
4s, J&J, $4,000... June, 1900-1903
3ias, ... 5,000
1900-1904

4s,

Fire Department—
4s, M&N, $1,000
Nov.

($1,200 due yearly) to Nov. 2, 1901

4s
4s,
4s,

,

,

M&N,

2,000
7,000
1,200

1900

1,

April, 1901

Apr., 1902-08

Nov. 1,1900
($300 due yearly) to Nov. 1, 1903
4s,
Nov. 1, 1900
$9,600
($600 due yearly) to Nov. 1. 1915
,

Public Parks—
J&J, $80,000
J&J, 10,000
J&J, 10.000

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

J&J,

1944
1945
1947
Iuly3, 1924

July
July
July

20,000

3,
3,
3,

School House Loans—

4s,
4s,
4s,

M&N,
M&N,

$1,600
1,800
J&J, 15,000

May

($1,000 due yearly) to Mar.15, 1904
4s,

M&N, $2,400

Nov. 2,1900

1900
1905
1900
July
4s, J&J, $14,000
1906
($2,000 due yearly) to July
Julyl, 1900
4s, J&J,
$2,000
($1,000 due yearly) to July 1, 1901
Julyl, 1900
4s. J&J,
$2,000
($1,000 due vearly to July 1,1901)
July 1,1900
4s,
$8.000
($1,000 annually) to July 1, 1907
Aug. 1, 1900
4s
$3,000
($1,000 annually) to Aug. 1, 1902
Nov. 1, 1900
4s,
$3,500($1,000 due y'rly) to Nov. 1, 1903.
4s, J&J, $9,000.June 1, 1900-1908
3J«s, $10,000 .June, 1900 to 1909
4s,

J&D, $12,000

June

($2,000 due yearly) to June

1,
1,
1,
1,

,

,

1900
Nov. 1, 1900
15,

July 15,1900

($5,000 due y'rly) to July 15,1902
4s, M&S, $11,000.... Mar. 1, 1901
($5,500 due y'rly) to Mar. 1, 1902
4s, M&N, $75,000.... Nov. 1, 1900
($5,000 due yearly) to Nov. 1, 1914
4s, J&J, $28,000.... July 1, 1900
($1,750 due yearly) to July 1, 1915
4s, J&J,
$4,200. . . .July 1, 1900
($700 due yearlv) to July 1, 1905
4s, J&D, $29, 600.... June 1, 1900

Miscellaneous Loans—

4s,

6,000. ...Sept, 1900 '02

M&S,

4s,J&D,
3i*s

Dec, 1900
1900 to 1903

1,000
4,200

,

Water Construction—

J&J, $15,000
10,000
J&J,
J&J,
95,000
J&J, 100,000
J&J, 120,000
30,000
($1, 850 due yearly) to June 1, 1915 4s, J&J,
68,000
4s, F&A, $53,000..Aug., 1900-1917 4s, J&J,
42,000
4s,
Apr. 1,1901 4s, J&J,
2,000
10,000
($1,000 annually) to Apr. 1, 1902. 4s, J&J,
19,000
Aug. 1, 1900 4s, J&J,
4s
,$7,000
15,000
($1,000 annually) to Aug. 1, 1906. 4s, J&J,
36,000
1903
4s,
J&J,
4s, A&O, $3,000. Apr., 1901 to
3*28,
1900 to 1903 312S.J&J, 25,000
4,000
INTEREST is payable at the Nat. Bank of Redemption
4s,
4s,
4s,
4s,
4s,

,

Jan. 1,1901

July 1, 1901
July 1,1907

Julyl, 1908
July 1, 1910
July 1, 1912
July 1, 1913
Jan. 1, 1914
Jan. 1,1915
Jan. 1. 1916
Julyl, 1916
July 1,1919
Julyl, 1905
of Boston.

TOTAL DEBT, SINKING FUNDS, EtcTotal debt
8inking fund,

Jan. 1, 1900. Jan. 1,1899. Jan. 1, 1898. Jan., 1897
$1,714,200 $1,706,550 $1,733,400 $1,626,000
130,316
201,659
236,722
258/(76
etc....'.

$1,455,-124 $1,469,828 $1,531,741 $1,495,684
Net debt
$549,000
$584,000
$571,500
Water debt (includ'd) $585,000
$77,330
$134,163
$121,275
Water sinking fund.. $142,629
CITY PROPERTY.—The oity owns property valued at $1,560,102
not including the water works, which cost $1,040,805.

ASSESSED VALUATION.— Real

estate

assessed at about

is

of its value:

Tears—
1899
1898
1897
1896
1895
1890

Assessed ValuationPersonal.

Real.

.

Total.

75%

Rale of Tax
-per

$1,000.

$16-40
$27,008,700
$3,369,500
$23,639,200
16-50
3,17v?,460
26,147,660
22,975,000
1630
25,385,520
2,959,520
22,426,000
1600
23,799,560
2,500,360
21,299,200
15-70
23,071,940
2,596,440
20,475,500
15-10
17,338,450
2,172,650
15,165,800
POPULATION.-In 1895 population was 29,706; in 1890 it was
23,031; in 1880 it was 12,017 Present population (estimated), 32,831.

,

I

.

coupon, (r) registered.
The loans marked thus

(c)
*

(*) in the above table are authorized by
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 office, Lynn;
other interest is payable by City Treasurer only.

VALUE
INTEREST-WHERE

TOTAL DEBT, ETC.Funded debt

(excl. of

Dec. 20, '99.

Dec. 20, '98.

Dec.20, '97.

$2,464,650
680,750

$2,391,650
583,273

$2,232,150
448,176

water)

Sinking funds

Net debt
Water debt (additional!
Water works sinking fund
Net water debt

$1,808,377 $1,783,974
1,835,300
1,800,300
426,141
367,360
1,409,159
1,432,940
Total net municipal debt
3,217,536
3,216,914
The funded debt as given above for Dec, 1899, includes loans to the
amount of $750,000 in excess of debt limit and issued under authority of special acts of Legislature.
Temporary loans amounting to
$530,000 are not included in totals.
WORKS.-The city property,
CITY PROPERTY AND
$1,783,900
1,810,300
449,054
1,361,246
3,145,146

WATER

consisting of real estate, school buildiuits and public parks, amounts
Total cost of water works to Jan. 1, 1900, $2,425,285
to $2,428,255.
Assessed valuation and tax rate, real
ASSESSED VALUATION.—
estate being taken " at about three-fourth cash value," have been
-Assessed Valuation
Rale of Tax
.

—

MAT

ni7M
JVLAJ_,JUrMN.
This city

is

in

—

)

\

CHA8.

L.

HENRY

DEAN, Mayor.
WILDER, Auditor.

is

$4,267,745
When Due. Tax valuation, real
Tax valuation, personal 4,091,833

LOANS—

Park Bonds—
3^8

g.,

Stanley, Treas.

in

1900-1908

$90.000

Total valuation, 1899... 8,359,578

$8-00
Taxrate(perM.)'99....
M&N,$102,000.Nov.,1900to*16 Assessment is about actual value.
1,876
Population in 1890 was
($6,000 due yearly.)
Bonded debt Feb., 1900.. $192,000

Water Bonds—

4s,

MARBLEHEAD.-B.
Essex County.
town
This

is

in

When Due.
LOANS—
Refunding Bonds—
1900-1906
4s, A&O, $32,000
($5,000 due yearly on Oct.

1.)

Town Notes—
4s,
4e,

,

4s

June

1900
3,500. .Jan. 1,1901
6,000..Dec,1901,to'03

J&D, $4,000

1,

On demand

Paine, Treasurer

When Due.
LOANS—
Electric-Light Bonds—
July 1, 1924
4s, J&J, $50,000

Water Bonds—
M&N, $59,000.. Nov.,
M&N, 24,500. .May,

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

1900-'18
1900-*19
20,500.Jan.,1901to*20
56,000.July,1900to'21

J&J,
J&J,

J&D, 34,000.Dec,1900to'21
and water- works bonds is payable
at Boston; on the refunding bonds at Boston and Marblehead; on
town notes at Marblehead.
BONDED DEBT on Feb. 1, 1900, was $282,000; water debt
4s,

,

1,500

INTEREST

on the

electric-light

(included), $200,000; floating debt, $15,000; total debt, $297,000;
sinking fund, $5,413; net debt, $291,587.
been:
TAX VALUATION (about the same as actual value) hasRate
of Tax
Assessed Valuation
per $1,000
Total.
Personal
Real.
Fears—
$19-20
$5,966,441
$860,191
$5,106,250
1899
19-20
4,8Sfi,00D
5,639,000
753,000
1898
16-80
5,555,425
761,775
4,793,650
1897
20-20
800,068
5,535,668
4,735,600
1896
17-70
5,466,105
823,905
4,642,200
1895
21-40
5,045,832
832.032
4,213,800
1891
POPULATION in 1895 was 7,664; in 1890 was 8.202.

J.PLUNKETT,
RnRDTTn-H
U Lxrl. — <EDW.
MAKLdUKU
GEO. HASKKLL,

IV/TART

\

Mayor.

S.

,

,

A.

Middlesex County, and was incorporated Jan.

This

Auditor.
This place is in Middlesex Co.; incorporated as a city in Jan., 1891.
Sewer Bonds 1891When Due.
LOANS—
4s, A&O, $125,000.... Apr. 1,1911
General Loans—
June 1, 1915 4s, J&J, 100,000.... July 1,1911
4s, J&D, $50,000
28,000.... Sept. 1,1914
Sept. 1,1905 4s, M&S,
4s, M&S, 15,000
May 1, 1900 4s, J&J, 20,000.... July 1, 1918
1,000
,4s, M&N,
School Notes—
May 1, 1901
4s, M&N,
2,000
1900 to 1917
.June, 1900 4s, J&J, $59,000
48, June, 20,700
to 1912, and
Oct., 1900 ($3,000 annually
1,000
4s, A&O,
$4,000 annually 1913 to 1917.)
Oct. 1. 1901
4 8 A&O,
600
4s, M&S, 20,000 ..Mar 1900-'10 4s, F&A, $2,600.. Aug., 1900'01
.June, 1900
June 1, 1900 4s, June, 1,000
5s, June, 25,000
Trust funds, on demand. $1 ? ,456
1882.

Real
Personal
Total,
per $1,000
$17-80
$41,920,665
$9,171,283
$51,091,948
1899
41,575,536
9,384,798
1760
1898
50,960,334
17-40
41,157,046
9,724,857
1897
50,881,903
17-20
39,256.182
10,441,874
49,698,056
1895
15-00
11,340,046
29,390,332
1890
40,730,378
17-60
17,913,543
5,470,192
23,383,735
1880
14.277,212
6,649,903
1720
20,927,115
1870
POPULATION.— In 1895, 62,355; in 1890, 55,727; in 1880, 38,274.
Tears

Edwin P.
MANCHESTER.—
Essex County.
town

2,

. .

Stone Crusher Notes—
F&A, $2,000
auk. 1, 1902

When Due.
LOANS—
City Notes—
Oct. 1,1900
4s, A&O, $4,000
($2,000 due yearly) to Oct. 1, 1901

4s,

Total debt J»,n. 1, 1900.$1,057,35H
Sinking funds
27* ,6 1
Netdebt Jan. 1, 1900 ... 778,743
Water Bonds—
July 1,1900 Water debt (included). .. 568,000
4s, J&J, $50,000
May 1, 1904 Tax valuation, real
7,893,986
4s, M&N, 20,000
4s, M&S, 125,000.... Sept. 1,1912 Tax valuation, personal.. 1,390,391
4k, M&S. 75,000
Sept. 1, 1913 Total valuation 1899.... 9, 284,377
Sept. 1,1921 Tax rate (per $1,000) '99... $19-10
4s, M&S, 30,000
Aug. 1, 1922 Assessment is 7-10 actual value.
48. F&A, 150,000
Sept. 1,1924 Population in 1895 was
14,980
4s, M&S, 70,000
July 1, 1926 Population in 1890 was
13,805
48,000
4s, J&J,
INTEREST on bonds is payable at the Winthrop Nat. Bank, Boston.
are self-supporting and the value of the city
property is $1,403,570 58.

WATER WORKS

MARSHFIELD.-Geo
This town

in

is

LOANS-

II, Weatherbee, Clerk.
Bonds are tax exempt.
$1,165,620
When Due. Tax valuation, real

Plymouth County

&c—

Railroads,

Tax

97,:-t20
valuation, personal
Total valuation L899... 1,262,940
Tax rate (per $1,000) '99...$18'20
Assess't is about actual value.

4a, F&A, $55,000.... Fob. 12, 1901
Total debt Jan. 1, 1900.. $55,000
Sinking fund
26,823
2H.177 Population in 1895 was
Netdebt Jan. 1,1900....
Float'g debt (additional)
4,500
INTEREST is payable by the Cambridge Savings Bank

MAYNARD.-W.
H. Gutteridge,
town
Middlesex County
This

is

1,762

Treasurer

in

When Due. Netdebt Jan. 1,1900 ....$119,984
Tax valuation, real
1,585,793
J&J, $125,000.... Jan. 1, 1919 Tax valuation, personal. 550,635
Total valuation 1899
2,136,428
Tot.tax (per $1 ,000) 1 899
1 4-00
Population 1895 was
3,090

payable in Boston.
Bonded debt Jan. 1,1 900.$ 125,000
Floating debt
7,000
Total debt Jan. 1, 1900... 132,000
Sinking fund
12,010
is

MEDFORD.Medford

H.

J&J, $7,000

July
Dec.

J&D, 14,000

1,
1,

1904
1914

Public Building Bonds—
J&J, $45,000
July 1, 1913
M&N, 56,000
Nov. 1, 1914

4s,
4s,
4s,

2,700

COVERING, Mayor.
R.

LITCHFIELD. Treasurer

Municipal Loan Bonds—
4s,
4s,
4s,

M&N.
J&J,

M&S,

$200,000... May 1, 1917
100,000.. Jan. 1,1918
35,000. ..March, 1919

Park Bonds—
F&A, $50,000
Feb.
Water-Works Bonds—

*"

4s,

J&D, 18,000

1,

1930

1901-1903 4s, J&J, $75,000
July 1, 1900
($6,000 due yearly n July 1.)
4s, J&J, 125,000
July 1, 1910
4s, J&J, $4,000
July 1,1904 4s, J&J, 96,000
1900-1923
4s, J&J, 4,000
July 1,1907
($4,000 due yearly on Jan. 1.)
4s, J&J, 21,000
July 1, 1908 4 s, A&O, $25,000
Oct. 1,1914
4s, J&J, 26,000
July 1,1909 4s, A&O, 25,000
Oct. 1, 1919
4s, J&J, 26,000
July 1,1911 4s, J&D, 45,000
Dec. 1, 1922
4s, J&J, 26,000
July 1, 1912 4s, J&J,
July 1, 1916
6,000
4s, J&J, 18,000
July 1, 1915 4s, J&J,
July 1,1917
6,000
4s, F&A, 90,000
Aug. 1,1918 4s, J&J, 11,000
July 1,1918
Sewer Bonds—
4a, J&I,
July 1, 1920
15,000
4s, J&J, $20,000
July 1, 1905 4s, J&J, 15,000
July 1, 1921
4s, A&O, 10,000
Oct. 1, 1905 4s, J&J,
36,000
July 1, 1923
4s, J&J, 12,000
July 1,1906 4s, M&N, 16,000
May 1, 1923
4s, A&O. 10,000
Oct. 1,1906 Total debt Jan. 1, 1900.$1,650,249
4s, J&J, 12,000
July 1,1907 Sinking funds
361,343
4s, J&J, 10,000
July 1, 1915 Netdebt Jan 1, 1900... 1,288,906
4s, A&O, 10,000
Oct. 1, 1915 Water debt (included)
496,000
4s, F&A, 80,000
1916-1919 Tax valuation, real
16,830,200
($20,000 due yearly on Aug. 1.)
Tax valuation, person'l 2,577,800
4s, F&A, $75,000
1920-1922 Total valuation 1899. ..19,408,000
($25,000 due yearly on Aug 1.)
Assessment about market value.
4s. F&A, $30.000
Aug, 1, 1923 Tax rate (per $1,000) '99.. .$17-60
4s, J&J,
10,000
July 1,1924 Population in 1890 was
11,079
4s, A&O,
10,000
Oct. 1, 1924 Population in 1899 was
16,649
4s, J&J,
20,000
July 1,1925
4a, 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 Savings 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 notes and interest on same are paid by City Treasury.
. .

MELROSE.—

!

EDWIN O. GOULD, Auditor.
JOHN LARRABEE, Treasurer.

This city is in Middlesex County
Jan. 1, 1900.
When Due.
LOANS—

Sewer Bonds—

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

J&D, $100,000. ..June 1,1924
J&D, 100,000... June 1, 1925

The new

city charter took effect

is

in

LOANS—

,$50,000
38,000

Oct.

1,

1913

4s,
4s,

4s

F&A,
A&O,

1904-1924
25,000.. ..Oct. 1,1925
25 000....Fcb.l,lif28

Town Notes—
6a
4s,
4s,
4s,

J&D,

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

1,1903
7,500.. May 29, 1900
6,000.. July 15, 1902
9,000... July 1, 1905
3.S09.Deo.

ScnooL House Notes—
F&A, $18,800
1906-1908
Engine House Loan—
.

S.

Howe, Town

Clerk.

,$15,000...

Floating debt
83.^79
Total debt
283,279
13.642
Sinking fund
Net debt Jan. 1, 1900.
269,687
Tax valuation, real
3,3*8,235
Tax valuation, personal. 906.958
Total valuation 1899
4,295,191
Assessment about "1 actual value.
Total tax (per $1,000) '99. .$18-00
Population in 1895 was
5,690
Population in 1890 was
4,814
Population in 1897 (est.)
6,400
. .

$11, 170. On demand.

4s,

4s

,

Bridge Notes—
4s. F&A, $4,500
1908
1924 Bonded debt Jan. 1,1900. $200,000

50,000
;

4s,

,

Bonded debt Jan

Essex County.
When Due.

Water Bonds—
4s, M&N, $100 ,000.... May 1,

.

Aug. 1,1909

Etc.—The net debt

of the

town Jan.

1,

1900,

wan

The Fire

on Jan.

District

owed $60,000 on account

1900,

1,

water

of

works; sinking fund, $4,016.

ASSESSED VALUATION. Etc.— In

1899 the assessed valuation of
personal property, $684,860; total
$3,300,770.
$3,985,630; total tax rate (per $1,000) $19-00.
Valuation of Fire District in 1899 Real estate, $2,353,630; personal
property, $538,230 total, $2,891,860; tax rate, $1-70 perM., in 1899.

was

real estate

MIDDLESEX
CO.— J. 0. Havden,
Lowell and Cambridge.
County

.

Treasurer.

seats are

Court House Bonds— 1895—
J&D, $100,000 ...1923 to 1932

Wlien Due.
LOANS—
Buildincj Bonds—
Dec. 1,1900
4s, J&I>, $70,000
($10,000 due yearly to Dec. 1, '06.)
1907-1924
4s, J&D, $170,000
4s.

4s,

($10,000 yearly on Dec.

1.)

J&D, $60,000

1900-1905
($10,000 due yearly on Dec. 1.)

4s,

60,000.... 1900 to 1905

J&D,

Notes. 3Hi8, $l8,000.Dec.,1900-*02
3-5s, 80,000. Dec. 21, 1901
Total debt Jan.l, 1900.$1,030,000
Tax valuation 1898... 492,304,679
$0'81
County tax (per $1,000)
Population in 1895 was... 499,248
Population in 1890 was... 431, 167

Note 3

($10,000 yearly on Dec. 1.)
4s, J&D, $200,000. . .Dec. 1, 1906
($20,000 due yearly) to Dec. 1, '15.
4s. .&D, $l)6.000.Dec.,1916to'21

School & Hospital Notes—
J&D, $12, 000. Dec, 1900-'03
J&D, K',000. Dec, 1900-*04
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.
3Hjs,
3k>8,

MILFORD.
This city

is

Clifford A. Cook, Treasurer.

in Worcester Co.

Property assessed about actual value.

LOANS—

When Due. Bonded debt Feb. 1,1900 $58,800
Refunding (gold notes)—
Tax valuation, real
4,519,040
412s, M&N, $22,800. Sept. 15, 1900 Tax valuation, personal. 1,060,083
due
y'rly)
to
Sept. 15, 1903 Tax valuation 1899
5,579,123
($5,700
,$25,000.... 1904 to 1907 Total tax (per $1,000) '99.. $1710
4a,
Population in 1900 (est.)... 11,500
Population in 1890 was
8,780

($6,250 annually.)

School

(gold notes)—
Oct. 5, 1900
4s, A&O, $8,000
($2,000 due yearly) to Oct. 5, 1903
I

NTEREST

is

payable at the Milford Savings Bank.

MONSON. -This town
LOANS—

is

I

Water-Works Bonds—
4s,

M&S, $3,000

|

1900-1902

($1,000 yearly on Sept.
4s,

M&S, $18,000

1.)

1903-1911

($2,000 yearly on Sept.
4s,

Hampden County.

in

When Due. Bonded debt

M&S, $33,000

I

|

I

1.)

|

1912-1922

I

Jan.. 1900. $54,000
Total valuation 1899
1,771,718
Assessment at " fair cash value."
Tax rate (per $1,000) 1899.. $1600
Population in 1890 was
3,650
Population in 1899 (est,)
3,746

($3,000 yearly on Sept. 1

NATICK.
This

town

is

Edward Clark,

LOANS—

When Due.

Sewer Bonds—

J&J, $17,000. ...July 15,1926
1915-1927
218.000
Water bonds, $50,447 ..1899-1908

4s,

Total debt Mar. 11.1898 $361,302
5,781,200
Tax valuation 1898
Total tax per $1,000 1898.. $2240
Population in 1895 was
8,814
Population in 1890 was
9,118

NEEDHAM.—
Levi Ladd,
town
County.
is

loans-

When

Due,

School District Bonds—
1900-1916

$25,000

($1,500 yearly.)
Total debt Jan. 1, 1900.. $183,000

This city

BEDFORD.is in

LOANS—

School district debt (incl.).$25,0C0
valuation, real
2,950,434
valuation, personal. 547,969
Total valuation 1899.. ..3,498,403
Assessment about ^ actual value.
Total tax (per $1,000) '99. .$1700
Population in 1895 was
3,511
Population in 1890 was
3,035

Tax
Various Tax

to 4s, $158,000

NEW

;

;

CHAS.

(reg.

&cou t—

Oct. 1, 1900

($10,000 due yearlv)toOet. 1, 190S
6s,
A&O, 12,000 ...Oct, 1, 1909
6s.
A&O, 28,000 ...Oct. 1, 1910
4s,
A&O, 73,000... Apr. 1, 1901
4s,
A&O, 50,000... Apr. 1, 1902
4s,g, A&O, 162,000g..Apr. 1, 1903
4s,
A&O, 89,000... Apr. 1, 1904
4s,o.,A&0, 24,000... Apr. 1,1905
Feb.

1,

ASHLEY, Mayor.

HATHAWAY,

LOANS—

Sewer Bonds
3-4s,
3'48,
3»a8,

Treas'r.

When Due.

(reg.)— (Con.) —

A&O,$30,000....Apr.
"

A&O,
A&O,

30,000... .Oct.
15,000... .Apr.
3 1i»S,g,F&A,35,00O... .Feb.
3H88,«.F&A,33,000... .Feb.

1,
1,
1,
1,
1,

1906
1906
1907
1928
1929

School & Public Bldg. Bonds—

4s.g..M&S, $12*,000 g.Mar.1,1917
3Hss.g.,F&A, 92,000.. Feb. 1. 1918
3ia8.g.,F&A :>o,000 Feb. 1, 1919
I

Wharf Bonds—
4s. M&N, $52,000 g. ..May 1. 1927
nil.) —
A1909
Water Loas

4s,g, M&S, 172,00Og.Mar. 1,1907
3»ss,g. F&A, 62,000... Feb. 1, 1908

3»«8,gF&A,108,000.

S.

J AS. H.

Bristol County.
When due.

City Improvment
6s, A&O, $90,000

I

Park Bonds (reg.)—
A&O, $100,000. .Apr. 1, 1942
Sewer Bonds (reg.)—
4s, A&O, $35,000.
.Apr. 1. 1908
4s, A&O,
43,000. ...Apr. 1, 1909
4s, A&O,
48.000.... Apr. 1, 1910
4s, A&O,
57,000. ..Apr. 1, 1911
4s, A&O, 100,000.... Apr. 1,1912
4s, A&O, 108.000.... Apr. 1,1913
Is, A&O.
32.000.. .. Apr. 1, 1914
4s, A&O,
58,000.
Apr. 1, 925
4s,

Treasurer

in Norfolk

water Debt—
3^8,

Treasurer.

in Middlesex County.

Issued in anticipation of taxes.

.

This

TOTAL DEBT,
$156,865.

2^s

July 1,1925
1900. $842,000
J&J,
50,000. .July 1, 1926 Floating debt
160,587
J&D, 25,000. .. June 1, 1907 Total debt Jan. 1, 1900.1,002,587
J&D,
25,000... June 1,1912 Total assets
221,195
J&D,
50,000... June 1, 1917 Netdebt Jan. 1, 1900.... 781,392
School Bonds—
Water debt, included
247,000
4r, F&A, $200,000... Feb. 24,1916 Sewer debt, included
350,000
fowN Hall (renewal)—
Total value town prop'ty. 572,225
4s, M&S, $45,000
Sept. 1,1912 Tax valuation, real
11,820.350
Water Works—
Tax valuation, personal. K 45,085
4s, M&N, $37,000
Nov. 1, 1905 Tax valuation 1899... 12,665,435
48.M&N, 50,000
May 1, 1907 Total tax (per 1,000) 1899..$17-00
4s, J&J,
10,000
1900 Assessment same as actual value.
4s, M&N, 25,000
May 1, 1912 Population in 1890 was
8,127
4s, M&S, 37,000
S( pi 1,1912 Population in 1899
12,625
INTEREST is payable at the Shoo & Leather Nat. Bank, the Eliot
National Bank of Boston and the Melrose National Bank of Melrose.

METHUEN.—
Joseph
town

,

,

This

Water Works— (Con.)
48,
4s,

H. Eaton, Treas.

This town is in Plymouth County. The town of Mlddleborough and
the Fire District of Middleboro are distinct organizations.
When Due.
Sewer Loan—
LOANS—
4s, M&N, $5,000
Light Bonds—
Nov. 1, 1901
Nov. 1, 1907
4s
$68,500. .Nov. 1. 1900-'23 4s, M&N, 25,000
3.500. .Nov. 1, 1900 -M6 ($5,000 due yearly) to Not. l, 1911
4s
Water Bonds (Ftee District)—
.... 10,000
Nov.,*04-'05
....,
4s, M&N, $60,000 ....1900 to 1923
Railroad Loan—
Nov. 1, 1918 int. paid by Middleboro Say. Bank.
4a, M&N, $20,000
7,000
($5,000 due yearly) to Nov. 1, 1921 Population in 1*96 (est.)
Population in 189S was
6,692
Population in 1890 was
6,065

.

PARKER
CER

1

When Due.
LOANSPlay-Ground Bonds—
4s,
4s.

Population 18J0 was

Middlesex County.

is in

MIDDLEBOROUGH.-A.

:

LOANS—

Interest

INTEREST "ii the bonds is payable at the National Bank of Redemption, Boston; on the town notes, at the Treasurer's office.

;

Water Bonds.
4s,

25

MASSACHUSETTS— CITIES MID TOWNS,

April, 1900.

. .

. .

.

7s,

A&O, 8100,000.....Oct.

1,

1900

($10,000 due ye'rly) to Oofe 1,1909
ds,

A&O, $100,000

Oct

($20,000 due ye'rly) toOot

A&O, $100,000

Oct

($20,000 due ye'rly) to

o<-t.

5s.

1908
1909
1900
1, 1904
1. 1918
1, 1924
15.1924
1.

1,
1,

Apr.
Is. A&O, $20,000
\pr.
4s, A&O,
180,000
4s, A&O, 200,000. ...Dec
4s. g, A&O, 100. 000*. Apr. 1,

1926

g.J&J, 400,000 g.Jan. l. 1
Js. s .,MA--, 89,000g..Mar. l. 1927
Is. g, J&J, 800,000 g Jan. 1,1927
The 4 per cent improvement bonds due in 1903 and the water bonds
due in 1926 payable in gold If demanded.
INTEREST on the 7 and ii per cent water bonds is payable at
Bostou; on all others at the office of the City Treasurer.
. . .

1

Is,

26

STATE

TOTAL DEBT, SINKING FUNDS, ETCIfov. 1,

1899.

Fet>. 1,

1899.

Feb.

1

^
,

l

1897.
$3,520,000

898. Mar.

1,

Total debt
$3,630,000
Sinking funds...
736,180

$3,722 000
651.979

$3,696,000
530,217

Net debt.... $2,893,820
Water debt, Incl.
above
$1,640,000
Park and wharf

$3,070,021

$3,165,783

$3,056,825

$1,660,000

$1,780,000

$1,800,000

463,175

$100,000
$120,000
$152,000
1942 and the wharf bonds are authorized outside

debtincl.above $152,000

The Park Loan

of

of debt limit.

The municipal sinking fund receives yearly about $90,400 and the
water sinking fund $26,700.
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:
Rate of Tax
Assessed Valuation
Total.
per $1,000
Tears.
Personal.
Real.
$19-20
$57,352,126
1898
$21,480,601
$35,871,525
1620
1897
58,171,798
22,575,978
35,595,820
15-40
•56,034,917
1896
22,360,417
33,920,700
15-40
52.642,733
1895
20,658,583
31,984,150
16-30
36,869,754
1890
20,041,500
16,818,254
1570
1880
13,137,519
26,275,919
13,138,400
*

Less remittances by assessors.

POPULATION.— In

40,733; in 1880

it

1895 population was 55,316; in 1890 it was
in 1899 it is estimated at 60,000.

was 26,845;

<THOS. HUSE, Mayor.
I

J. V.

FELKER,

Treasurer.

The city has decided to purchase the
Is
water plant, and the Supreme Court has passed upon the purchase
price.
The water company, however, has appealed to the U. S.
Supreme Court. Bonds will be issued aftt r the controversy is settled.
in Essex County.

LOANS-

When Due. Trust bonds, 4-4 *2S, $79,750.. dem.
Bondea debt Jan., 1900. $504,482

Armory Bonds—

3^8, M&8. $6,200.... $2,000 yearly
City Bonds—
July 1, 1908
4s, J&J, $65,000
July 1,1911
4s, J&J, 90,000
4s, A&O, 25,000
Apr. 1, 1913

Sinking funds, etc
214,916
Net debt Jan. 1,1900.... 289,566
Assessed valuat ion, real 7.292,400
Assessed valuation, per'1.2, 775, 217
Total valuation 1899, 10,067,617
Sewer Bonds—
Assessment about 3j actual value.
4s, M&S, $107,500.... Sept, 1, 1919 Tax rate (per $1,000) 1899. $1550
School Bonds—
Population in 1890 was
13.947
4s, M&S, $3,000
$1,500 yearly Population in 1895 was
14,554
Tern, loan, 3s, $$127,968.
PAR VALUE coupon bonds are for $1,000 each.
INTEREST on all bonds is payable at the City Treasury or at the
First National Bank of Boston.

NEWTON.
The city

5
I

.

.

.

EDWARD
SETH

B. WILSON, Mayor.
RANLETT, Treasurer.

A.

is

When Due.
LOANSBoulevard Bonds—
J&D, $100,000... June
1914
A&O, 80,000... Oct.
1914
A&O, 80,000... Apr.
1915

M&N,

100,000... Nov.
100,000... July
M&N. 40.000... May
3ks, J&D, 15,000. .. June

J&J,

1,

City Notes—
4s, J&J,
$9,250.... July
4s,
4s,

M&N,

J&J,

I

M&N,

10,000

J&D, 13,000
J&D, 29,000

1915
1916
1917
1919

8,

1,
1,

1914
1917

.July

1,

1906

A&O,$16.500....Oct.

1,

A&O.

.June
.Apr

7,500

Engine House Loan
4s.

J&J, $10,500.

. .

Highway Loans—

4s,

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

6s,
5s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s,
4s.

Miscellaneous Loans—
. .

M&3, $5,550
Mch.
J&D, 9,000. ...Dec.

M&N,
J&D,
J&D.

11,000.... May
30,000.... Dec.
10.000.... June
5,000... Sept.

1900
1904
1905
1907
1908
1903

.Apr.

1,1908

M&S.
Park Bonds—
4s, A&O, $25,000..
Sewer Notes—

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

1,

.June 1, 1914

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

A&O,
J&J.

M&N,
M&8,

Oct

1.

1900

10,000.... Oct. 1. 1901
20,000.... Oct. 1, 1902
250,000. ..Apr. 1,1911
200,000 ..Apr. 1,1912
100,000.... Aug. 1, 1923
100,000.... Jan. 1, 1924
125,000.... Oct. 1, 1924
70,000.... July 1,1926
100,000.... May 1, 1927
50,000.... Sept.l, 1928

Water Loans—

. .

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

. .

J&J,

Sewer Bonds—
A&O, $5,000

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

1903
F&A,
7,900.... Feb. 16, 1904
4s, A&O,
5,800 .. Apr. 13, 1904
4s, A&O,
6,500. ...Oct. 1, 1905
4s, J&J,
4,600.... Jan. 1, 1905
4s, F&A,
25,000.... Feb. 1, 1915
4s, A&O, 52,000.. ..Apr. 1, 1915
4s, J&D,
10,000. .Dec. 26, 1915
4s, M&N, 80,000. ...May 1. 1936
Highway Stable Loans—
4s, F&A, $13,000
Aug. 1, 1903
4s, F&A,
8,000. .Feb. 16, 1904

4s,
4s,

When Due.

9,000. . . .July 1,1914
A&O, 60,000.... Apr. 1, 1915
F&A. 75,000.... Aug. 1, 1915
J&D, 50,000.... Dec. 1, 1916
J&J, 100,000.... Jan. 1, 1917
4s,M&S,
50,000.... Sept. 1, 1917
4s, Jan.,
15,000.... July 1,1918
4s, F&A, 35,000.... Feb. 1,1918
3*29,M&S, 82,950.... Sept. 1,1919

.July 7, 1904
Oct.
1, 1904
.Nov. 30, 1904
.Dec. 18, 1904

A&O, 11,000

School Loans—
4s, J&D, $50,000.
4s,
4s,
4s,
4s,
4s,

1903
14,000. . . .Nov.28, 1903
22,826. ...Nov.28, 1903

10,000.

LOANS—

I

J&D,
Drains and Culverts
4s, J&D, $13,687.
.June 16, 1904
4s,
4s,
4s,
4s,
4s,
4s,

J&J, $600,000.... July 1,1905
J&J, 250,000. .July 1, 1906
A&O, 100,000.... Oct. 1, 1910
A&O, 100,000.... Apr. 1,1914
A&O. 100,000.... Oct. 1,1917
A&O, 100,000.... Oct. 1,1918
A&O, 250,000.... Oct. 1,1920
A&O, 100,000 .. Apr. 1,1921
A&O, 100,000.... Apr. 1,1922
F&A, 50,000.... Aug. 1, 1923
A&O, 75,000.... Apr. 1,1924
F&A, 60,000.... Aug. 1, 1925
J&J,
70,000.... July 1, 1926
J&J,
45,000... July 1,1927
M&S, 75.000.... Mch. 1, 1928
. .

Washington Street Loan—
4s, F&A, $300,000.... Aug. 1, 1935
4s, F&A, 200,000.... Feb. 1,1936

J&D, $20,000. ..Deo.
1925
J&D,
1922
98,000. ..Deo.
J&D,
21,000.. ..Dec.15 1922
J&D,
50,000.... Dec. 2, 1925

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

J&J,

60,000.... July 1,1936

J&D, 100,000.... Deo. 1, 1936
M&S, 100,000.... Sept. 1,1937
J&D, f 0,000.... Deo. 1,1937
M&8, 50,000.... Nov. 1, 1938
J&D, 63,000. ...Dec. 1, 1939

or

TOTAL DEBT, SINKING FUNDS, EtcMunicipal debt.
Water debt
Total debt

Binkingfund

Jan., 1900. Jan. 1, '99. Jan. ] , '98. Jan. 1. '97
$3,659,563 $3,498,613 $3,272,113 $2,925,613
2,075,000
2,075,000
2,000,000
1,955,000

$5,7~4,563
1,409,878

$5,573,613
1,279.812

$5,272,113
,099,407
1

$4,880,613
888,446

Netdebt
$4,324,635 $4,293,801 $4,172,706 $3,992,166
The sinking fund receives yearly about $130,000 and is all invested
in the city's

own

securities.

ASSESSED VALUATION.—The city's assessed valuation and tax
rate have b^en as follows, real estate being at about market value

Assessed Valuation.
Personal.

Rate of Tom
per $1,000.

>

Total.

;

TAX-RECEIVABLE COUPONS.-The

water bonds and school,
municipal, sewer, park and stable bonds for $1,377,000 carry taxreceivable coupons.
In 1890 population was 24,379; in 1880 it was
16,995 in 1870 it was 12,825. By State Census in 1895 waa 27,590.

POPULATION—
;

NORFOLK
COUNT Y.—CHAS.H.SMiTH,Treas.
Dedham
county
the

is

seat.

NOTES—

When Due. Assessed valuat'n
I

'98.198.023,140-

1900-1904 Population 1890
($15,000 yearly on June 26 )
Population 1898
Total debt Feb. 1, 190l>. .$75,000

118,950
134,819

NORTH ADAMS.—

Mavor..

$75,000

3*28,

I

I

is

S

I

Refunding Loans.

When Due.
....,$20,OOO.Dec.,1900 01
3*28, g,
25,000. July, 1900 04
3-158, g..,, 65,083 33.1912-1920
3-15s, ..... 14,916 64. Mar., 1920
3-15s,
15,616 69 Mar., 1921

3^8,

3=88, g.
3-2s, g,

Water Loans—
3^8,
3148.
3*s8, g,
36, s, g,
3J38, g,
3158, s,

24,000 May 1,' 00-11
19,000 June 1, '00-28
2 1,000.. 1900 to 1929

.....

358S,g

,

3-28, g, ....,

Sundry Loans—

Tax valuation

$126,000.. June 1,1900 26
36 10 s,
.June l.'OO 26
27,000
314s, g,
186,666 68. Mar., 1900 27
.Aug., 1900-08
11,250
3^8, g,
NTEREST is payable in Boston
I

1900-12.

1900-19
1900-:

&

1899.... 12,568,000

Tot. tax (per $1,000) 1899. .$19-50

3»fl8, g,

Population in 1899 (est.)... 22,000
Population in 1890 was
16,074

and North Adams.

NORTHAMPTON.—
Hampshire County
is

..,$74,000. June,
.., 160,000. July,
.., 117,000. July,
36,000 July,
..,
.-,
*7,750. June,

1900-36
1901-36
..,
4,500.. Jan, 1900-09
Bonded debt Deo. 1/99. $1,114,250
Water debt (inc.)
419,250

Sewer Loans—
4s,

vO.OOO.June.'OO 03
15,000. .1900 to '04

315s, M&S, $14,916.... Mar., 1920
315s, M&S, 15,616. ...Mar., 1921

4,000..lP00tol907
7,500.. 1900 to 1909
55,000.. 1900 to 1909

.....

,
,

Refunding Loans—

...,$10 000. ..Oct. 1, 1902
2,500 .July 1. 1908
3^8, g,
16.000. Juiyl, '09-12
3*as, g
,
4s,
.....
3,000. .July 1. 1905
.

3Hs,g,

WILKINSON.

*

School Loans—

3138, g,
3-2s, g

8.

Sundry Loans- fConcl'd)
11250
.1900 to 1908
g,
Perman'ntImprovem't Loans—
3^8, g, A&O, $27,00O. .Oct.. '00-02-

3%s,

4s,

EDW.

J AS. W. HARDENBERQH.Treaa.

in Berkshire County.

5

X

JOHN

L.

MATHER,

GEO. W. CLARK,

Mayor.

Treasurer.

in

LOANS—

When Due. Temp'y loan

Oct. 5, 1900 $75,000Total debt Jan. 1 , 1900. . 504,89545,287
4s, M&N, $26,750. ..May 15, 1901 Sinking fund assets
Railroad Loan—
Netdebt Jan. 1, 1900... 459,608
150,000
4s, M&N, $74,000... May 1, 1902 Water debt included
Assessed valuation, real. 9, 447,520
School Bonds—
4s, J&J, $50,000. . . July 1,1915 Assessed valuat'n, pers'1.2,459,346
Nov. 1,1907 Total valuation 1899... 11,906,866
4s, M&N, 15,000
4s, J&J,
4,900... June 16, 1900 Assessm't about 80% actual value.
4s, J&J,
23,000. . . ..July 1, 1910 Tax rate (per $1,000) 1899. $17 00
Population 1890
Sewer Loans—
14,990
17,000
July 1, 1902 Population 1900 (est.)
4s, J&J, $156,000

Bridge Notes—

.

Water Bonds—

4s,
4s,

A&O, $50,000

M&N,

...April

May

100,000

1,
1,

1900
1909

NORTH ATTLEBOROUGH.This place

is

in Bristol County.

LOANS—

When Due. Netdebt May. 1, 1898. ..$198, 603
Electric Light Bonds—
Interest payable in Boston.
1924 Tax valuation in 1898. $3,819,860
4s, J&J, $50,000

Water Bonds—

Total tax per $1,000 1898. .$21-40
Population in 1895 was
6,576
Population in 1890 was
6,727

J&J. $227,000.... 1899 to 1923
Tot. bond, debt Mayl/98.$276,000
Sinking fund
77,397
4s.

Chas.
NORTHBOROUGH.—
County
town
This

is

LOANS—

Water Loan—

When Due. Sinking fund
Net debt Feb.

payable at Worcester.
1, 1900.. $52,000
Floating debt
1,000
Total debt
53,000
is

Bonded debt Feb.

Due.

Water Bonds—
4s,

F&A, $55,000

Aug.

1,

1900

($10,000 each fifth yr. until paid.)
4s,

J&D, $23,000

June 1, 1901

($5,000 each fifth year until paid.)
4s,

J&D,

1918
1917

$5,00i>

7,000

4s

Int. paid by N. E.Tr. Co., Boston.
Bonded debt Feb. 1,1900. $90,000

T. Wesley
ORANGE.—
Franklin County.
is

1,

Population in 1899 (est) was 2.000
Population in 1890 was
1,953

The town
NORWOOD.—
When

LOANS—

$30,348

1900....
22,652
Tax valuation, real
1,009, 180>
Tax valuation, personal. 247,779
Total valuation 1899. ...1.256,959
Total tax (per $1,000) 1899. $1580

4s, F&A, $50,000.... Aug. 8,1902
4s, fund, loan, $2,000.Aug.2O, 1900

Interest

H. Kice, Treas.

in Worcester

is in Norfolk County.
Floating debt
Total debt Feb.l, 1900.

$35,70O
125,700
22,812
Sinkingfunds
102,888
Netdebt Feb.l, 1900..
4,202,327
Tax valuation 1899
Tot. tax (per $1,000) 1899... $19 50
Assessment abt. 90% actual value.
4,574
Population in 1895 was
3,733
Population in 1890 was

Bridge, Treasurer.

in

LOANS—

Newton.

LXX

Vol.

$44,156,200 $12,225,120
$15-40
$56,407,320
11,883,H00
16-20
43,419,^50
55,303,450
10,471.650
1620
41,550,350
52,022,000
39,223,450
10,728,375
49,951,825
1660
36,887,950
10,513,394
1460
47,401,344
14-80
31,786,200
10,067,600
41,853,800
17,718,270
7,481,830
25,200,100
1400
Tax rate in 1899 included city tax proper, $14-23; State tax, $037;:
oounty tax, $080 total, $1540 per $1,000.

This town

PAR VALUE OF BONDS.—All the bonds are for $1,000.
INTEREST payable at Nat. Bank of the Commonwealth, Boston,
in

Real.

This city

situated in Middlesex County. Newton is one of the few
Northern oities having tax-receivable coupons attached to any of its
bonds. See below.

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

Tears—
1899
1898
1897
1896
1895
1893
1880

This city

NEWBURYPORT,
This city

BVffltyimT.

CITY

fill®

When Due. Floating debt

Total debt Mar.l, 1900.
Water Bonds—
4s, M&S, $133,000.. $1,000 yearly. Water debt (incl. above)
Tax valuation, real
Sewer Bonds—
4a, M&N, $47,000.... 2,000 yearly. Tax valuation, pers'n'l.
Total valuation 1899 ..
Refunded Debt—

$46.5T1
226,571
133,000
2,397,530
476,835
2,874,365

Assessment about actual value.
Total tax (per $1,000) '99. .$19-00
4s, F&A, $44,246 ... .part yearly. Population in 1900 (est.) ...5,500
4,568
Bonded debt Mar. 1900 $180,000 Population in 1890 was
National
Orange
the
bonds
is
payable
at
water
the
on
INTEREST
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.
4s,

F&A, $2,325

775 yearly.

School House Loans—

PEABODY.-Elmee
This town

is in

Essex County.

M. Poor, Treasurer.

When Due. Floating debt
$146,2^8
LOANS—
3 »a8, ....,$15,000 ..1901 to 1907 Total debt Jan. 15, 1900. 230,268
Electric Light Bonds 1892—
Sinking fund and assets. 128,020
4s, J&D, $40,000
June 1, 1922 Net debt Jan. 15, 1900.. 102,248
Refunding Water Bonds—
Tax valuation 1899
8,578,349
1900-1910 Total tax (per $1,000) '99 ..$1840
4s, M&N. $44,000
Assesment same as actual value.
($4,000 annually)
Population in 1890 was
Interest paid at City Treasury.
10,158
Population
in 1900 (est. )....! 1,000
Bonded debt Jan.l5,1900.$84,u00

valuation, real ....$2,524,522 Tax rate (per $1,000) '99
$2230
valuation, personal. 528,759 Population in 1890 was
5,213
Total assessment 1899. .3,053,281 Population in 1895 (census). 5,511
INTEREST on the school bonds at the New England Trust Co.,
Boston; on the deflciency bonds at the State Treasury; on all other
bonds at the ollice of the New England Trust Co.. Boston.

Tax
Tax

H. DANFORTH, Auditor.
CAT
CTT\/r
O/VL-rClVl.
— /FRANK
A. NEWELL, Treasurer
5

This city

RUSSELL, Mayor.
DlTTCtTICI
T-k
— s'HEZEKIAHS.
ri. 1 1 Sf LrL,L-,LJ.
e. H. KENNEDY, Treasurer.

LOANS

When Due. School

Water Loans—
M&N, $45,000
M&N, 50,000
M&S,

1,
1,

80,000g.May,190*0to'07
Temporary notes
$16,000

Sewek Bonds—

Tax
Tax

valuation, real
11,686,290
valuation, personal 3,271,365
Total valuation 1899... 14,957,655
Total tax (per $1,000) 1899.$l(i-90

J&D, $180,000, g.. June 1, 1900
($10,000 due y'rly)to June 1, 1917 Population
Temporary notes
$40,000 Population
School Bonds—
4g,

4s,

M&N. $180,000

PROVINCETOWN.
town
County.
This

LOANS—

When Due.

School Bonds—

J&D,$8,000.Junel, 1900to'03
($2,000 due yearly.)

Water Bonds—

24,000
17,261

Is

payable at

QUINCY.

.

<

Pittsfleld;

-Seth Smith, Treasurer.

Floating debt
$17,364
Total debt Jan. 1, 1900..
83,364
Assets
15,141
Net debt Jan. 1. 1900...
68,223
Water debt (included)
66,000
Tax valuation, real
1,174,790
Tax valuation, personal. 684,433
Total valuation, 1899... 1,859,223
Tax rate (per $1.000) '99
$1840
Population in 1895 was
4,555

JOHN O. HALL. Mayor.
WALTFR GRAY, Treasurer

in Norfolk County.

When Due.

Water, $662,000

to 1927
$28,000. '01 to '28

'

.

M&N

RANDOLPH.—
Joseph T
town

Leahy,

Treasurer.

LOANS—

Floating debt and accid't $45,073
Total debt
188,078
4s, A&O, $10,000
Apr. 1, 1902 Sinking funds, etc
44,365
A&O,
4s,
20,000
Apr. 1, 1907 Netdebt Jan. 1, 1900.... 143,713
4s, A&O, 20,000
Apr. 1, 1912 Tax valuation, real
1,631 ,100
4s, A&O, 40,000
Apr. 1, 1917 Tax valuation, personal. 259,750
4s, M&N, 20,000
May 1,1918 Total valuation 1899.... 1,890,850
4s, J&J,
25,000
July 1, 1922
Assessment is about actual value
4s, J&J,
July 1, 1926 Total tax (per ($1,000) '99.. $21*60
8,000
Interest payable at Boston.
Population in 1895 was
3,694
Bonded debt Jan.l, 1900. $143,000 Population in 1890 was
3,946

Water Works—

READING.— This town
LOANS—

is

When Due.

Electric-Light Bonds—
4s,

A&O, $5,000

Oct.
($1,000 due yearly) to Oct.
4s, A&O, $40,000
Oct.
<$2,000 due yearly) to Oct.

May, $9,800
($1,400 due yearly)to

4s,

School Bonds—

May
May

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

in Middlesex County.
4s,

1900
1904
1905
1924
1900
1906

4s,
4s,
48,

J&D. $112,000. ..1900 to 1915
($7,000 vearly on June 1.)
J&D, $84,000. ..1916 to 1922
($12,000 yearly on June 1.)
J&D, $10,000
Junel, 1923
J&D, 10,000 ....June 1, 1924

Interest payable in Boston.

Bonded debt Jan. 1,1900.$328,300

F&A, $1,000
Aug. 1,1900 Floating debt
38.766
F&A, $16,000.... 1901 to 1908 Total debt Jan. 1, 1900 ...367,066
($2,000 yearly on Am;. I.)
Tax valuation, real
3,713,935
4s, F&A. $21,000. Aug.l909to '15 Tax valuation, personal. 709,800

4s,
4s,

($3,000 due yearly.)

Mar.

4s, Mar., $5,000
4s, May, $4,000

($2,000

is in

LOANS—

•

1900 to 1916

F&A, $20,000.

. .

.1900 to 1919

1908

6,100

Street Loan—

F&A, $41, 108. ...1900
Town Hall Notes—

4s,

to 1908

4a,

M&S,$103,000....1900 to 1918

Water Loan—
I

Sundry Purposes—
...$6,600
1900 to 1901
Total debt Feb.15,1900. $290,038
Tax valuation, real
10,047,000
Tax valuation, person'l.
400,680
Total valuation 1899. 10,447,680
Total tax (per $1,000) '99.... $17-40
Population in 1895 was
7,437
Population in 1890 was
5.668
Population in 1899 (est.)
8,000

J&D, $11,730

.

A MTl
X-lWV^irvi_ .tt.lNLJ.
Town

in

1

GR AY.
— HJeZEKIEL
8

-

B.

Plymouth County.

LOANS—

Dekioienct Bonds—

When Due.

M&N, $2,000
May 1, 1900
Firb Engine Bonds—
48.M&N, $3,000
1900-1902
($1,000 due yearly on May 1.)

3^s,

Funding Notes—

May '00 to '06
($2,000 due yearly.)

$14,000

.

1902&1903

NTEREST is payable in Boston at the Fourth

Rnr.Kl

Treasurer.

4s,

Sewer Loan—

4s,

Total valuation 1899.... 4,423,735
Assessment about actual value.
Total tax (per $1,000) '99... $17-50
Population in 1895 was
4,710
Population in 1890 was
4,088

Arthur Tapley.

When Due.

J&J,$101,500

F&A,

1901
190
1901

Suffolk County.

School Loan—
4s,
4s,

9,

May 1,
due yearly)to May 1,

REVERE.
— G.
This town
4s,

Improvement Loan—
Aug.
4s, F&A, $27,000

1,

National

Bank

Treasurer.

STUDLEY,

Clerk.

School Bonds—
4s,

M&N,

3* oS,M&S,

$4,500... May 1, '00 02
3,600.. Sept. 10,'00-03

Water Works—
M&N, $68,000

4s,

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

1,

1908

Apr.

1,
1,

1901
1920

Mar.

Municipal Loan—
Junel,
J&D, $54,000
$3,000 due yearly) to Junel,
June 1,
4s, J&D, $.'4,000
($6,000 due yearly) to June 1,

Water Bonds—

1900
1902
1900
1903
1901
1904
1901
1905

J&J, $398, 500.... July 1, 1904
J&D, 168,000
June 1, 1900
($8,000 yearly) to Junel, 1920
4s, F&A. $16,000
Feb. 1,1901
($2,000 due yearly) to Feb. 1, 1908
4s, F&A, $8,000 ($500 yr'ly)Mar.l
1900 1906
4s, M&S, 5,950
$850 due Aug. 1 yearly.
1901-'09
3 4.8, A&O, $13,500
5s,
4s,

1900
1917
1900
1903

3»2S,
3»ae,

A&O,
A&O,

22,500.. Apr.'Ol to '09
1,200
Oct.,1900

PAR VALUE OF BONDS.—The bonds are mostly in $1,000 pieces.
INTEREST is payable at the Merchants' National Bank, Boston.

TOTAL DEBT, SINKING FUNDS,

Etc.-

Sinking fund

1 X899
Dtc 1 1898
$312,800
$363,100
14,361
13,066

Net debt (other thaa water)
Water debt
Water sinking fund

$293,449
6*8,650
203,548

$350,034
625,300
174,602

Net water debt
Net funded debt of

$435,102
733,551
274,077

$450,698
800,732
263,306

$1,007,628

$1,064,038

Bonded debt

Total net debt of city

&c

—

ASSESSED VALUATION

Assessed Valuation.
Personal.
Additional

,

Tears.

Utc

(other than water)

Real.

Total.

$10,664,100
$29,436,500
29,570,300
11,018,700
28,971.200
10,805,000
27,«42,700
10,100.000
27,583,600
10,498,200
$9,000
43,500
28,360.200
11,853,500
20,700
26,198,890
11,888,690
POPULATION.—In 1895 population was 34,437; in 1890

1899. .$18,772,400
1898
18,551,600
18,166.200
1897
1896.. 17,542,700
1895.. 17,076,400
1894.. 16,463,200
1890.. 14,289,500
30,801; in 1880

it

c- A TTr-TTC
J\. U "Lx U O. —
O
is

in

5

J- S.

J

e. B.

NEWHALL.

When Due.

LOANS—

1600
18-50
16-80
17 00
it

was

$2,500
12,000
(Semi-annually to
$2,000
4s,
4s,
4,000

Clerk.

School-House Loan—
1900 to 1903
$6,800
($1,700 yearly on Dec. 1.)

4s,

May 1, 1900
Nov. 1,1900

4s

May

1,

Nov.

1902.)
1,

1902

Oct. 19, 1908

Water Loan—

Dec. 1,190 o
,$3,500
4,000
Dec, 1901
Dec, 1902
2,500
1903 to 1907
15,000
4s
($3,000 yearly in Dec.)
191 to 1912
4s, . . ., $15,000
($5,000 yearly in Dec.)
4^8, ..$10,000. Dec, 1908 to 1909
Dec, 1913
4s,
3,500
1914
48
5,000
1915
4s, ..... 2,500
4s,
4s,
4s.

16-80
17-30

ME ACOM. Treasurer.

Essex County,

Coupon Notes—
4s,

Tax per
$1,000
$18-50

was 27,563.

...

1901 to 1904
$1,800
($450 yearly on Mar. 7.)
J
1904 to 1915
4s,
$36,00
($3,000 yearly on July 1 .)
3>*s, ..... $25,000.May,1915 to '19
3,500.May,1900 to '09
3*28,
Other debts
$99,000
Total debt Jan. 1, 1900.... 254,050
Sinking fund
71,760
182,290
Net debt Jan. 1, 1900
Assessed val'n, real
3,393,994
Assessed val'n, personal 174,214
Total valuation 1899.... 3,568, 208
Total tax (per $1,000) '99.. $2000
3,673
Population in 1890 was
4,504
Population in 1895 was
4s,

GEO. O. PROCTOR, Mayor.
dr^l\/Tt7D^7'TT
T T^
J
Z)KJi\llL,r\
V IJ—L-rL,.
)JOHN F. COLE. Treasurer.
This city is in Middlesex County
When Due.
Paving Bonds—
LOANS—

—

City Bonds—
4i28,A&0, $48,000... Oct. 1,1900
($24,000 due y'rly) to Oct. 1, 1901
4>2S,A&0, $30.000... Oct. 1, 1902
35,000... Oct. 1, 1903
4^8, A&O,
4s,
J&J, 10,000 ...Jan. 1, 1901
4s,
J&J, 45,000... July 1, 1900
($9,000 due yearly) to July 1, 1904
4s,
J&J, $10,000... July 1, 1900
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, $10,000.. .Oct. 1,1900
4s, A&O,
8,000... Oct. 1, 1900
($4,000 due yearly) to Oct. 1, 1901

A&O, $65,000... Oct. 1,1900
($5,000 due yearly) to Oct. 1, 1912

4s,

Sewer Bonds—

4s.

J&J,

$l.\000...Julvl, 1900

($1,000 due vearly) to July 1, 1914
4HiS,A&O,$12,000....Oct. 1,1900
($1,000 due yearly)to Oct. 1,1911
4s.

1900 to 1922

J&J, $23,000

($1,000 due ann. on July

Water Bonds—

5^8, J&J, $10,000.... July 1,1906
5s,
J&J, 12.500.... July 1,1900

A&O,

14.000.... Oct.
6,000.... July
A&O, 20,000.... Oct.
J&J, 17,000... July
A&O, 7. 000.... Oct.
J&J, 18.000.... Julv
J&J, 10,000.... July
J&J, 10,000.... July
A&O. 42,000.... Oct.
($2,000 due ve'rlv) to Oct.
4s,
J&J, $2. 000.... July
($1,000 due ve'rlv) to July

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

J&J,

.

A&O, $6,000
Oct. 1. 1900
J&J, 248,000....1900tol915
(Due yearly: $18,000 to '05, $15,000 to V8, $14,000 to '12, $13,000 to '15).
4s, J&J, $120,000.... 1900 to 1917
(Due yearly $11,000 1900 to '01;
$9,000 '02 to '07; $5,000 'OS to '11; 4s, A&O,$10,O00....Oct.
$4,000*12 to '17.)
($2,000 duo ve'rlv) to Oct.
4s,
1900-1918 4s, A&O,$30.00b....Oet.
,$140,000
(Due yearrly on July 1 $ 1 1 ,000 ($3,000 due ve'rlv) to Oct.
to 1900; $10,000 '901 to 1907; 4s, AA.-0. $10.000... .Oct,
$9,0001908; $5,000 1909 to '18). ($2,000 due ve'rly) to Oct.
4s. J&J. $110 000
1900-1919 4s, J&J. $12,000. .Julv
(Due y'rly on July 1: $8,000 to '05, ($1,000 due ve'rlv) to July
$7,000 to '09. $4,000 to '14, $3,- 4s, J&J. $9. 000... Julv
000 to '18, $2,000 1^19.)
($1,000 due y'rly) to July
4s,
4s.

1.)

1900-1925
$84,000
($4,000 yearly on July 1 to 1905
and $3,000 vearly to 1925.)
July 1.1900
4s
$24.000
($1,000 yearly) to July 1, 1923
4s.

:

1900-1916

($4,000 due vearly on Mav 1.)
F&A, $1 7,000
1901-1917
($1,000 due yearly on Feb. 1.)
Total debt Sent. 1, 1899. $113,100
Floating debt
14,000

4s,

M&S, $36,000

Apr.

($2,000 due yearly to) Apr.

($9,000 due yearly) to Aug.
Oct.
4s, A&O, $20,000
($5,000 due yearly) to Oct.
4s,

A&O, $25,000

Sewer Loans—
4s, A&O, $40,000

F&A, *29,400

.

Water Bonds—

Public Library—

6s,

Aug., 1900
($4,200 due yearly) to Aug., 1907

4s,

This town

Norfolk County.
When Due.

is in

1,

,

May 1,1900
4s, M&N, $12,000
($6,000 yearly) to May 1, 1901
High school Bonds—

city
Other debt, floating, trust funds,

Parks, g, $44,000
1900 to 1923
do, 4s, M&N,
School 4s, 52,500. ...1900 to 1906
($1,000 annually on April 1.)
($7,500 due yearly on July 1.)
Water 3>s8, $30.000.. 1900 to 1929
School 3198, $4O,O0O.Mar.'Ol to 1
Total debt Jan. 1. 1900. $1,472,706
Municipal, 1900 to '24.. .$270,706 Tax valuation, real.
17,202,050
Sewer 4s,
$209,000.'00 to '37 Tax valuation, personal 2,302,069
($5,500 due yearly.)
Tax valuation 1899 ....19.504.119
Sewer 4s, A&O, $95,000. .1900-'37 Tax rate (per $1,000) 1899. $1920
($2,500 yearly on Oct. 1.)
Population in 1898 (est)... 25,000
fiewe' 3^s, A&O, $70,000.1900-39 Population in 1890 was
16,723
($2,000 yearly on Apr. 1 to 1929
,0(
and $1
yearly to 1939.)
INTEREST is payable at Nat. Bank of the Commonwealth, Boston.

This

M&S, $2,500. .Mar.
Canal Street—

When Due.

Mumcipal Loan— (Con.)

3i2a,M&N,$- ,000
Nov., 1900
3 488.F&A, 5.400
A -in., 1900
3^8, M&S, 8,O00.Sep.,1900to'04

1901 '05

4s,

\H.

LOANS—

LOANS—

When Due.

($9,000 due yearly) to Mar.
4s, A&O, $13,500
Apr.
$2,500 due yearly) to Apr.

. . .

4 >s8,J&D,$48,000Jne 1,1900 to '23
($2,000 due yearly.)
4s, A&O, $6,000 June 1,1900 to '02
($2,000 due yearly.)
Toflbond.debtJan.l, 1900$66,000

is

1898 was
1890 was

Essex County.

4s.

in Barnstable

is

This city

in
in

1900-1917

($10,000 annually on May 15.)
INTEREST on the water bonds due in 1908
on all other bonds at Boston.

4s,

The

notes, $105,500..May, 1900

.

M&N,

in

Armorv Bonds—

3,=>00..Jan., 1901
1908 Temp, loan,
75,000..Nov. ,1900
May 1916 Total debt Mar. 7, 1900. $780,000
70.000g. $5,000 yearly Water debt (included*..
261,000

Nov.

is

C.

LOAN S—

\

Pittsfleld is in Berkshire County. It became a city in 1890.
ewer debt, included in total lielow, is outside of the debt limit.

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

27

WASS*CttU0£TT8-CITI£S /WB TOWNS,

April, 1900.

.

.

1,1900
1,1901
1,1901
1, 1902
1,1902
1, 1903
1, 1904
1, 1907
1,1900
1, 1920
1, 1900
1, 1901
1,1900
1, 1904
1.1905
1. 1914
1,1915
1, 1919
1, 1907
1, 1918
1, 1900
1, 1903

28

STATE MID OITT SUpftEMENT,

PAR VALUE OF BONDS.—The

bonds are mostly for $1,000 each.
Jaw. 1,1900. Jaw. 1,1899. Jan. 1. 1898
Total debt
$1,548,000
$1,492,500
$1,5*2.000
Water debt (iucluded above) ..
272,000
272,000
294,000
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.
Total.
Tears.
Personal.
per $1,000.
Meal.
$16-30
1899
$51,262,400
$46,507,300
$4,755,100
17-90
1898
50,739,700
3,723,925
47,015,775
1x97
1730
3,867,375
50,231,000
46,363,625
15-40
1896
49,013,050
45,224,800
3,788,250
15-40
1895
46,453.900
3,574,000
42,879,900
1400
1890
2,575,800
32,557,500
29,981,700
20,458,100
1910
1880
18,393,200
2,064,900
POPULATION.— In 1900 population was estimated at 62,000; In
1890 it was 40,152; in 1880 was 24,933; in 1870 was 14,685.

TOTAL DEBT

Etc.—

.

SOUTHBRIDGE.—
John
town
Worcester County. The
LOANS—

When Due.

School-house notes 4s

Sewer bonds
Sewer notes
Sewer land loan
Armory and engine-house

$33,000
30,000
13,690
4,500

Hall

A.

Total debt Mar.

4,600

1900 .$116,790

1,

Tax
Tax

valuation, real
2,929,420
valuation, pers'l
913,070
Total valuation 1899.. ..3,842,490
Assessment about 23 actual value
Tax rate (per $1,000) *99.. $18-60

31000 Population

notes4s

High School notes 4s

in

1900

<est.)...l<»,000

Population in 1890 was

7,655

SPENCER.—
This

in Worcester county

LOANS—

When Due. Bonded debt Mar. 1,1900. $269,000
General Debt Bonds—
Floating debt
81,700
4s,

J&J, $12,000

July

1,

Sewer Bonds—

1900 Total debt Mar.

1,

1900.. 350,700

Assets
129,000
4s, J&J, $17,000
July 1, 1904 Net debt Mar. 1.190
221,700
Water Bonds—
Population in 1895 was
7,614
4s, J&J, $240,000
July 1,1914 Population in 1890 was
8,747
INTEREST is payable by the Boston Safe Deposit & Trust Co.
ASSESSED VALUATION in 1899 was: Real estate, $2,808,265;
personal property, $662,905; total. $3,471,170; total tax rate (per
$1,000), $.2-00. Property is assessed at about 65% its actual value.
>

WILLIAM HAYES. Mayor.
— ^DWIGHTO.
G1LMORE,
— When Due —

cpRlMrtrTITT
T~v
oi^Jr(.liNLj.F
itL,LaL).
This city

is

in

P.

5

Hampden County.

LOANS—

Interest.

-

NAME AND PURPOSE.

4g
01
s
^
4

)

\

M

& J
& N

F

&A

J

M&

4
J
do
do reg. 1894 4
School bonds, g'd, reg. '93. 4g
do
do
g'd, reg. 95. 4g
do
do
g'd, reg. 97. 4g
do
do
g'd, reg. '97. 4 g J

do

do

do

M

reg
3^g
1891.. 4

g'd,

8ewer bonds
do

&

&

J

J

3^gF&

Improvement bonds g., '97.
do

&
&

3i2gM&

1892

g'd,

3iag J

gold, reg,

&

1902
1900
Aua 1, 1900
S
Sept. 1, 1901
D June 1, 1904
N Nov. 1, 1904
June 1, 1903
J
O
Oct. 1, 1915
Jan. 1, 1927
1900 to 1917
$4,500 annually.
July, 1900 1918 >
$8,700 yearly. 5
July 1, 1906
May 1. 1907
Aug. 1, 1907
5 July, 1900-1908
July
Nov.

l

Water bonds
do
do
do
do
do
do

A & O

1873-74.

S

I

1873-74.
7
1875.
6
gold... 1893.
gold... 1893.
4g
gold... 1890.
3^g
loan.... 1900.. 3-44ia

do
do
do
do

Temporary

Principal,
Outstand'a-

,

,

P. Ot. Payable.

City buildings, g'd, 1892...
City notes engine house,'96
do (Are apparatus, eic.)
1896.
Engine house bonds. ..1891
FireDept. bonds, reg. 1894

do

1,

1,

$4,000 yearly.
Apr. 1, 1901
$25,000 yearly
Apr.
1903
Apr.
1905
Apr.
1913
Oct.
1923
Oct.

Nov.

9,

$50,000
5,500
6,000
20,000
29,000
6,000
25,000
35,000
370,000
81,000
165,300
70,000
35,000
35,000
36,000
50,000
775,000
200,000
200,000
150,000
125,000
300,000

1920
1900

PAR VALUE OF BONDS.—The bonds are all for $1,000 each.
INTEREST payable at First Nat. Bank, Boston and City Treasury
TOTAL DEBT, SINKING FUNDS, Etc.Dec. 10 '99.

Dec. 10 '98.

Total bonded debt (including water debt)
$2,493,800
Total indebtedness, includ'g current liabllit's 2,542,073
Sinking funds and other assets
921,076

$2^547,000
2,595,073
864,369

Net debt
Water debt, included above
CITY PROPERTY.—The

$1,620,997
$1,730,704
$1,525,000
$1,550,000,
city values its property at $5,597,122
Including $1,985,047 for property of water department.
In year
1899 water receipts were $235,060; payment for maintenance, $S1,283, interest on water loans, $90,750; balance, to be credited to the
sinking fund, $63,027.
ASSESSED VALUATION.—Real estate is taken at about 90 per
cent cash value
Assessed Valuation
Tax per
Tears.
Real.
Personal.
Total.
$1,000
1899
$53,400,770
$16,469,077
$13-60
$69,869,847
1898
52,022,570
13,677,143
13-80
65,6^9,913
1897
50,344,460
14,553,919
64,898,319
13 00
1896
48,344,280
12-80
13,071,811
61,416,091
1895
46,063,460
12,969,681
12-20
59,033,141
1894
44,083,900
12-00
12,365,525
56,449,425
1890
33,795,860
10,697,773
12-40
44,493,633
1888
30,323,140
13-60
9,540,115
39,863,255
Taxation in 1899 included State tax, $0-35; county tax, $0-76; city
tax, $12-49 total, $13-60 per $1,000.
POPULATION.— State census 1895 was 51,534. In 1890 popula*

;

tion

was 44,179;

4s, J&J, $12.500. ...Julv
($ii,500 in 1900 and $2,000

in

1880

it

was 33,340;

in

1870

NICKERSON,
—
GEO N GREEN,
Middlesex County

A

1

T7 T-T A1V1.
1VT
-n.I-1

This town

is

LOANS—

in

Armory Loan—
4s,

5

F. E.

When Due.

Sewer Bonds—

J&D, $106,000. J'nel.'OO to '24
($4,000 due yearly to 1917, then

$5,000 yearly.)

yearly

to 1905.)

Tot.bond.debtFeb.l,1900$106,000 Population in 1899 (est.)
Floating debt
o2,500 Population in 1890 was
Total debt Feb.l. 1900... 156,500
INTEREST on sewer bonds, on the school notes and on the
notes, due in 1904, 1905 and 1906, is payable at Boston; on all
loans at Stoneham.

it

SUFFOLK COUNTY.— See City of
SWAMPSCOTT.-TWs town
LOANS—

was 26,703.

Treasurer

6,300
6,155

town
other

4s,

J&D,
F&A,
J&D,
J&D,
J&D,
J&D,

in

Boston.

Essex County.
real $4,200,000

Ass'd valuation, pers'l. 1,199,000
Total valuation 1899.. 5,399,000
Assessment about actual value.
Tax rate (per $1,000) '99. ..$11-50
Population in 1890 was
3,198
Population in 1899 (est.).... 4,500

F&A,$120,000.Aug. 1, '28
Bond, debt Mar. 20,1900. $120,000
Floatinedebt
64,000
Total debt Mar. 20, 1900. 184,000
31bs, g.,

This city

in Bristol County.

is

LOANS-

When Due.
When Due.
LOANS—
City Bonds—
Street Improvement—
4s, J&D, $7,600
June 1, 1900 4s, J&D, $60,000.... June 1, 1901
4s, J&D, 73,700.June & Dec.1901 4s, J&D, 15,000
Junel, 1907
4s, J&D,
1,500
.June 1, 1902 4s. J&D, 12,000
Junel, 1909
4s, J&D, 15,000
Watkr Bonds—
June 1,1903
4s, J&D, 49,000
June 1,1904 4s, J&J, $12,000
July 1,1904
4s, J&D, 63,325. June & Dec. 1905 4s, J&J,
July 1,1905
1,700
4s, J&D, 15,000
July 1,1906
Junel, 1906 4s, J&J, 27,000
4s, J&D, 21,000
Junel, 1907 4s, J&J,
July 1,1908
5,000
4s, J&D, 16,10n.june&Dec.l908 4s, J&J, 15,000
July 1, 1909
4 8, J&D,
July 1, 1910
17,850
Junel, 1909 4s, J&J, 45,000
4s, J&D,
July 1, 1911
5,000
Junel, 1911 -4s, J&J, 38,000
4s, J&D, 15,000
July 1,1917
June 1, 1913 4s, J&J, 45,000
4s, J&D, 21,000
July 1, 1922
Junel, 1914 4s. J&J, 506,500
4s, J&D, 62,000June&Decl,1915 4s, J&J, 50,000
July 1,1918
4s, J&D, 46,800
1916
July
June 1,
4s, J&J,
4,000
1,1919
4s, J&D, 45,000
Jan. 1,1920
Dec. 1, 1906 4s,J&J, 15.000
4s. J&D. 34,500
Dec. 1, 1909 Bond, debt Jan. 1, 190O$l,630,875
I

School Bonds—
J&D, $27.000
J&D. 45.000

Floating debt

.

.

10,550

June 1,1917 Total debt Jan. 1, 1900. 1,641,425
June 1,1919 Sinkingfund
324,087
Electric-Light Bonds—
Not debt Jan. 1, 1900... 1,317,338
4, J&D, $125,000
June 1,1927 Assessed valuat'n, real. 15, 005, 335
4s
June 1,1917 Assessed valuat'n, per. 5,512,985
7,500
4s, J&D,
Junel, 1918 Total valuation 1 8»9 20,518,320
3,500
4s, J&D, 5,000
Dec. 1, 1928 Assessment abt. 90% actual value
4s,
4s,

Sewer Bonds—

Tax rate (per $1,000) 1899. $18-00
1927 Population in 1890 was
25,448
1928 Population in 1895 was
27,115
1928 Population in 1899 (est.). -.30,000
Dec.
Junel, 1929
INTEREST— WHERE PAYABLE-Coupons are payable at the
Atlas Nat. Bank of Boston. Reg. interest is remitted by City Treasurer.
OUTSIDE DEBT LIM|T-The electric light, sewer and water
bonds are outside debt limit.
4s, J&D,
4s, J&D,
4s, J&D,
4s, J<sD,

June
June

$83,500
16.500
50,000
30,000

1,
1,
1,

TURNERS FALLS.—
town

Turners Falls is a part of the
of Montague, Franklin Co unty
but is separate for water and lire purposes.

loans-

When Due.

Total debt Jan. 1, 1899. ...$80,002
Sinking funds
8,636
.June, '00 to '02 Net debt Jan, 1, 1899.... $71,364
2,918,161
Tax valuation, real
818,595
4s, M&S, $15,000
Sept. 1, 1901 Tax valuation, personal
4s, M&S, 15,000
Sept. 1, 1906 Total valuation 1898... 3,736,756
4s. M&S, 25,000
Sept. 1, 1911 Assessment about 23 actual value.
4s, M&S, 25,000
Sept. 1, 1916 Total tax (per $1,000), '98 $20-20
4,500
Population 1899 (est.)
INTEREST is payable at the Howard National Bank, Boston, Mass.
TAX FREE— All loans issued by this district exempt from taxation.

notes—
3^s. M&N, $7,500
Water Bonds—

.

WAKEFIELD.—
T. J.
town
Middlesex County.
This

is

When Due.
LOANS—
Loan—
4s, A&O $165,000 Oct., 1900 to '24
Municipal Light

Armory Loan—

F&A, $12,000
Dec.
($3,000 due yearly) to Dec.

4s,

1,
1,

W

Treas.

is

School Loan—
4s,
4s,
4s,

M&N. $3'A000.Nov.,1900to '15
A&O, 13.000... Oct. 1, '00 to '12
A&O, 28.000 Oct. 1. '00 to '13

1900 Total debt Feb. 15, 1900. $259,000
1904 Tax valuation, real
6,720,658

MISCELLANEOUS LOANS—
J&D, $2,000
1900 to 1903
1900tol90S
J&D, 5,000
1902-1905
48.M&S, 2,000
4s,
4s,

INTEREST

Skinner,

in

Tax

valuation, personal. 968,160
Total valuation 1899. ...7,688,818
17-20
Totaltax(per$l,000) 99.
Population in 1895 was
8,309
Population in 1890 was
6,982
payable at the Central National Bank, Boston.

PILSBURY, Treasurer
h. E. DRATO. Olerk.
This town is in Norfolk County.
When Due. Bonded debt, Feb. 1, 1900$100,000
LOANS—
School Note—
Floating debt
17,379
4s, M&N, $8,500
Nov. 2, 1906 Total debt Feb. 1, 1900.. 117,379
3i<>8,
July 13, 1900 Tax valuation, real
2,50
2,045,401
July 13, 1901 Tax valuation, personal. 496,661
3V*, ...., 4,000
Water Bonds
Total valuation 1899
2,542,062
4s, F&A, $100,000.. 1901tol925 Total tax per $1,000, '99.... $18-50
($4,000 due yearlv on Aug. 1.)
Population in 1895 was
2,994
W'ternote.H^s 2,500.Julyl3, 1900 Population in 1890 was
2,604
do
do 4^48, 700.Dec.15, 1902 Population in 1900 (est.)
3,340
Street do 4 14S,l,000.Nov. 1, 1900
INTEREST is payable at the Nat. Bank of Redemption, Boston.
\~KT

>F. O.

A T TO>r\T rp
A.L-.fKJL-.CL,.

i

•

MA YBERRY, Mayor.
—
SANDEKSON, Treasurer.
Middlesex County.

X\T
A L
T -J TT-T
A A/T
vv -^
1 -n^-XVl.
This city

is

in

5
J

G. L.
e. J.

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

J&J,
J&J,

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

LOANS-

Wlien Due.

City Bonds—

$5,000.. June 10, 1900
5,000.. Feb. 20, 1901
10,000.. June 9,1902
5,000. .June 1,1904
5,000... Dec. 1, 1905
5,000. ..Dec. 1, 1906

ALGER. Mayor.
TEMPLE. Treasurer.

TAUNTON-5 ed?varSh

LOANS—

Town Notes—

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

is

When Due. Assessed valuafn

1

Water Bonds—

Clerk.

j

J&J, $5,000 .July 18, '00 to '04
($1,000 due yearly.)

4s,

valuation, real
$4,701,600'
valu., personal
487,115
Total valuation 1899. ...5,188,715
Assess't 80 to 90% of actual value.
Total tax (per $1,000), '99.$17-.c'0

to '05

'0")

-

QTDN
J:

When Due. Tax
Tax

School notes—

TrP«»smvj

$30,000 sewer bonds are

is in
This
outside of debt limit.

is

LXX

,

.

town

LOANS-

Vol.

31,000.... July
25.000.... Jan.

1,1901
1,1902

8,000.. ..Dec.31, 1902
3,000. ...Jan. 1,1906
3,000. ...Jan. 1,1912
2,000.... July 1,1912

When Due.

City Bonds— (Con .)—
4s, J&J, $25,000... .Jan.
27,000... .July
4s, J&J,

A&O,

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

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

5,000... .Apr.
30,000... .July
11,000... .Jan.
6,000... ..Tan.

4s,

J&J,

5,000... .July

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

1904
1904
1924
1905
1906
1916
1906
1916

W hen

LOANS-

City Bonds— (Coda—
48, J&J,
$5,000. ...Jan.
4s, J&J,
1,000... .July
4s, J&J,
4,000.... Jan.
4s, J&J,
3, 000.... Jan.
Public Pakk Bonds—

A&O, $20,000.
Watkr Bonds—

4s,

. .

SURFACE DRAIVAGB Hdnihj

Due.

1907
1907
1908
1918

1,
1.
1.
1,

is

4s,

J&J, $85,000

Is,

JJtJ,

J&J,
J&J,
8K W Kit

4s,

.Oct.

1923

1,

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

.

1.

Jan.

.

10.000... July

4,000

Jan.

Bonds—

A&O, $60,000

1 901 -1 902
($30,000 yearly on Apr. 1.)
A&O. $50,000... Oct. 1,1911
A&O, 50,000.... Apr. 1,1921
J&J,
10,000... July 1, 1902
J&J,
25,00 J.... July 1, 1922
15,000.... Dec. 31, 1922
J&J,
A&O, 10,000... Apr. 1,1923
A&O, 5,000... Oct. 1,1923

7,000. ..Jan. 1.1927
J&J.
Bonded debt Jan. ,1900. $1,1 92,600
Sinking funds
413,506
Netdebt Jan. 1, 1900..
779,094
Water dent (included)
448,000
.

.

Assessed valu'tion .real 1 4,339,500
Assessed valu'tion.per'l 4,489,524
Total valuation 1898... 18,829,024

Tax

rate (per $1,000) '98... $16 00

Population in 1890 was
18,707
Population in 1898 was
22,000
passable at the Boston Safe Deposit & Tr. Co., Boston.

F. Richardson, Treasurer,
Hampshire County.
Amount. Total debt, Feb. 1 1 900.

is in

LOANS—

$99,850
$16,000 Tax valuation in 1899. ..4,136,835
28,750 Tax rate (per $1,000) 1899. $19-00
7,000 Population in 1897 was
7,651
4,000 Population in 1890 was
7,329
44,100
,

High School loan, 4s
8ewerloan,4s

Macadam road

loan

Misc. loans 4s

Water debt

WATERTOWN.-Ohas.
This town

is

in Middlesex County.

LOANS-

1,

$18.000
Dec, 1902 to '07
1900
Sewer Notes
190
($5,000 due yearly)
4»,
A&O, $5.000.... Jan.
1 908
6,000'
1900 S^s, A&O, 35,000 ...Oct. 1, 1900
4s, A&O,
4s, A&O, 49,500
1901
($5,000 due v'rlvi to Oft. l, 1906
1909 4s,
..190*1-1909
($5,500 due yearly)
$10,000
4s, A&O, $2 1,000
Oct. 1,1900
(f 5.000 due yearly.)
Dec 1% 1910
($2,500 due yearly) to Oct. 1 1 907 4s,
$5,000
4s,
A&O, $92.000.. .Oct., 1900-22 3ss..., 2.000
Sept. 17, 1911
School Notes
Total debtJFeb. 1,1900 $ 142,000
5s
$12,000.... Sept. 1, 1900 Waterdebt (included)... 1^,500
($1,800 due yearly>to Sep. 1, 1906. Tax valuation 1899
8,108,405
4s, $18,400
Jan. 1901 to 1908 Assessment about Bin actual value.
4s,

4«.

a&o, $-0,000

o.-t. 1,
to Oct. 1,
Oct. 1,
Oct. 1,
to Oct. 1,

I

1

,

,

,

,

—

.

Total tax (per $1,000) 1890* 17-80
Gas and Light Bonds—
3^8, J&D, $120,000.. June 1, 1900 Population in 1895 was
10.659
($1,000 due y'rly) to June 1,1929 Population in 1890 was
9,805
In place of a sinking fund the town pays off part of its debt yearly.
INTEREST on the water b »nd's is payable at Boston; on all other
loans at Westfield.

6,000. .Dec.

F&A, 21,800 -Aug.
8,500

Water Bonds—

Sewer Notes—

1,

15,000

,

3iap,
4s,

1,

1907
1908
1909
1910

3^8, J&J, $261,000.Jan 1, 1901 to
J&J, $10,000... July 1,1900 ($9,000 due yearly)
Jan. 1, 1929
(Part due yearly) to July 1, 1901 Total debt Feb. 1 1900. $757,000
4^s. J&J, 10,000.
Jan. 1, 1901 Waterdebt (included)
411,000
4V, J&D, 5,000.... Dec. 1,1901 Tax valuation, real
8,819,200
4128, J&J,
1,000 ....Jan. 1, 1903 Tax valuation, personal. 1,769,600
4s.
M&N, 70,000 ...Nov. 1,1906 Total valuation 1899... 10,588,800
Town Notes—
Total tax (per $1,000) '99
$1650
4s.
J&J, $5,000. ...July 1,1904 Population in 1895 was
7,788
4s,
M&N, 11,000. 8ept.l, 1904 Population in 1890 was
7,073
INTEREST is payable at the Fourth National Bank,Boston.
412s,

.

,

. .

. . .

I

County.
When Due.

iu

is

LOANS—

II.

Sibley, Treas

Water Bonds—

General Purposes—

$25,000
April 1,1929
May 5, 1900
Refunding Bonds—
$23,000
May 1.1929
($1,000 due yearly) to May 5, 1922 4s, g.. $25.000
Oct. 1, 1900 Tax valuation 1899
4s, A&O, $19,000
4,860,703
($l,000,due yearly) to Oct. 1, 1918 Total tax (ner $1,000) '99.
14-50
1927 Population in 1895 was
4s, $165,000
6,122
Refund'gSch'l House &8ewers Population in 1890 was
5,077
4s, M&N, $50,000.... May 1, 1928
INTEREST on the $25,000 of bonds is payable by the N. Eng. Trust
Co. Boston; on the $20,000 of bonds at the Third Nat'l Bank, Boston.
4s. e.,

5s,

WEYMOUTH.—
The town

is in

LO A N S—
Town Debt—

H. Stetson, Treasurer.

J.

Norfolk County.
When Due.

Town

debt, Jan. 1, 1000. $101,500
School debt Jan. 1, 1900.
50,000
Water debt Jan. 1, 1900. 448,000
Total debt Jan. 1, 1900.
599,500
Sinking fund
1 37,053
Net debt Jan. 1, 1900.
462,447
Netwaterdebt
319,090
Tax valuation, real
5,471,621
Tax valuation, personal. 923,360
Total valuation 1899
6,3^4,98 L
Property assessed at actual value.
Tax rate (per $1,000) 1899. $20-20
Population in 1895 was
11,285
Population in 1890 was
10,866

$46.500. 1900to 1905

School Bonds—
4s,

.

Julyl, 1907

J&J, $50,000

Water Bonds—
M&N, $300,000.... Nov. 1, 1914
M&N, 50,000. .Nov. 1,1917
M&N, 21,000... .Nov. 1,1919
M&N, 29,000. .Nov. 1, 1920
M&N, 15,000... Nov. 1, 1921
M&N, 13,000... .May 1,1924
M&N,
4,000. .May 1. 1925
M&N,
5,000. .May 1, 1927
M&N,
8,000.... May 1,1926
M&N,
3,000.. ..May 1, 1929

1.)

F&A, $30,000. Aug. 1,1907

1900 4s

This

4-3*28, var.,

$14,000.... Apr. 1, 1905
21,000... 1900 to 1906

F&A,

SPRINGFIELD— F.
WEST
town
Hampden

Treasurer.

($3,000 due yearly on Aug.
4s,
4s,

($2,000 yearly) to Sept., 1914
M&S, $11, 000... Sept. 1, 1904
Ann., 36,000.... 1900 to 1908

4s,
48,

A&O,
F&A,

4s,
4s,

4^8, J&J, $5,000. ..July 1,1902
4*28, A&O,
5,000. ..Apr. 1, 1902
413s, J&D,
5,000. ...Dec. 1, 1902

School House Notes—
4s,
M&S, $30,000... Sept.

W. Stone,

.

Town Notes— (Con.) —

When Due.

Bridqe Notes—

Grade Crossing Notes—

When Due.

j

.

WARE. — A.
This town

LOANS—
w a kb Bonds—

-

1909
1, 1910
1, 1912
1,1919

Fan.

15,000

4s,
4s,

$9,000.... Apr. 1, 1906
4s, J&J,
6,000.... Jan. 1,1907
4s, J&J,
48, J&J,
12,000.... July 1, 1907
July 1. 1908
4s, J&J,
24,000
20,000.... July 1. 1909
48, J&J,
4s, J&J,
35,000.... July 1, 1911
4s, J&J,
28, 000.... July 1,1912
4s, J&J,
24,000.... Jan. 1,1913
4s, A&O, 125,000.... Apr. 1,1913
4s, J&J,
20,000.... July 1, 1913
4s, A&O, 10,000. ..Apr. 1, 1914
4s, A&O, 10,000. ...Out.
1, 1914
4s, A&O, 10,000. ...Apr. 1, 1915
4e, A&O, 10,000 ...Apr. 1.1916
4s, A&O, 30,000
Apr. 1,1917
48, A&O,
33,000.... Oct. 1, 1918

INTEREST

29

Mj*SS*CttUS£TTS~ClTl£$ MID TOWNS.

April, 1900.

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

.

.

.

. .

.

. .

.

.

INTEREST on the
Treasurer's office; on
Boston, Mass.

town and school debt

Geo. D
WHITMAN.—
town
Plymouth
This

is

other loans at the Nat.

all

. .

payable at the

Bank

Town

of the Republic,

Soule, Assessor.

County.
When Due. Tax valuation, real
$3,141,261
LOANS—
Tax valuation, person'l. 515.135
So. Abington Water Bonds—
1912 Total valuation 1899.
4s, M&S, $100,000
3,656,396
Assessment same as actual value.
Interest payable in Boston.
'99
Bonded debt Mayl,1899.$118,000 Tax rate (per $1,000)
$1920
Floating debt
41,000 Population in 1890 was
4,441
Total debt May 1, 1899... 159,000 Population in 1899 was.:. ...6,039
Sinking funds, etc
28,426
in

is

I

WAYLAND.-Henky
This town

F.

Lee, Tieasurer.

.

Middlesex County.
When Due. Total debt Jan 1 1900..
LOANS—
School House Bonds—
Sinking fund assets
48, MAN, $6,600
....1901-1906 Net debt Jan. 1, 1900
is

in

,

Refunding Bonds—

Tax valuation

4b,A&0. $11,000

1913
1918

A&O, 44,500
Bonded debt Jan. 1, 1900. $64,fi00
Floating debt
22,000

4s,

WELLESLEY
This town

is

Building Road, Etc.

J&D,
J&D,

.

$86,600
5,000
81,600

1,581,325
actual value.
Total tax (per $1,000) '99.. .$20 00
Population in 1895 was
2,026
Interest is payable in Boston.

Assessment about

Albert Jennings,

.

h

Treasurer.

in Norfolk County.

LOANS—

4s,
4s,

in 1899.

.

LOANS—

When Due.

$9,000.. .Dec.
5,000. ..Dec.

1,1900
1,1901

Electric-Light Plant—
M&S, $8,000
Sept. 1,1900
($1,000 due y'rly) to Sept. 1, 1907
4s, M&S, $5,000
1901-1905
($1,000 yearly on Mar. 1.)

When Due.

Water Works— (Con.)
4s,

M&S, $20,000

1903 to 1912

($2,000 annually)
4s,

4s,

M&S, $15,000

1913-1920

($2,000 yearly to 1919 and

$1,000 in 1920.)

4s,
4s,
4s.

A&O, $6,000 .. Oct. 1,1912
M&S, 18, 000.... Sept. 1,1913
M&S, 9,000. ...Mar. 1,1914

School Houses—
4s, J&D,
$8,000.... Dec. 1, 1902 4s,M&S, 140,000.... Mar. 1,1915
4s, M&S,
4,000 .... Sept. 1 1 903 4s,M&S,
9,000.... Mar. 1, 1916
4s, M&S,
9,000. .Sept. 1, 1904 Bonded debt, Jan. 1, '99. $356,4 00
($4,500 due y'rly) to Sept. 1, 1905 Waterdebt (included)..
275,000
4s, M&S,
14,000. .8ept. 1 1900 Floating debt
36,000
,

. .

. .

,

($2,000 due y'rly) to Sept.

1906

Total debt
392,400
Sinking fund assets
125,273
16, 1907 Net debt, Jan. 1, 1899... 267,127
M&N, 5,000. . Apr. 28, 1908 Tax valuation real
5,063,450
A&O, 5,000. ...Apr. 1,1909 Tax valuation personal. 2,797,900
M&8, 10,000.. Sept. 1, 1908-9 Total valuation 1898.... 7,861,350
M&N, 6,000. ...Nov. 12, 1910 Assessment % actual value.
J&D, 6,000 ....Dec. 30, 1911 Total tax (per $1,000) 1898.11-00
M&S, 9.000..
.1900 to 1902 Population in 1899 (est)
4,400
($3,000 annually.)
Population in 1890 was
3,600
INTEREST is payable by the Boston Safe Deposit & Tr. Co., Boston.

Waterworks—

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

1,

J&D, $5,000.... Dec.
.

.

.

WESTBORO.-O.
This town
is

in Worcester

LOANS—

Municipal DEBT-

K Newton,

Treas.

County

When Due.

Sewer Bonds—

1922
S'^ to 4*28, var.$27,300 '00tol901
1926
4s
5.000
1904&1905 3»s8, M&N, $25,000.. Nov. 1.1928
Water Bonds—
(Interest payable in Boston.)
5s, M&S, $55,000.
.Sept. 16, 1908 Total debt Jan. 1, 1900. $240,8*0
4s, M&S, 35,000.... Mar. 1,1908 Water debt (included)
126,000
4s, M&S, 20,000.... Sept. 16, 1916 Sinking fund
56,610
4s, M&S,
2,000. .Sept. 16, 1919 Tax valuation 1899.... 2,872,891
48,
5,000
*
1920
Assessment is B actual value.
4s
9,000
1925 Total tax (per $1,000) '99.. $17-00
Library Notes—
Population in 1896 was
5,235
4s,
$5,000
1904-1905 Population in 1890 was
5,195
4s
4s

$31,000
10,000

. .

. .

. .

WESTFIELD.-C.
This
town

is

in

Hampden County.

LOANS—

Academy Bonds—
S»«e, July,

$4.000

j

WILLI AMSTOWN W.
This towu

When Due.

Bridge Bonds—
4s,

Julyl. 1900

4s

$10,800. Oct. 1,1900-08
13.600 Oct. 1.1901 08

B.

Clark, Treas "r.

in Berkshire County.

is

When Due. Total debt Feb. 1, 1900. $37,000
LOANS—
Refunding Notes—
Tax valuation, real
2,534,435
1900-1913 Tax valuation, pers'l
3%s, F&A, $28,000
379,341
($2,000 yearly on Aug. 31.)
3\8, F&A. $31,000.... Aug., 1907
Cemetery loan, 5s, $8,000.On dem.
Bonded debt Feb. 1, 1900, $59,000
Float'g debt Feb. 1, 1900,
8,000
INTER EST is payable in Boston

WINCHESTER.

<i

Total valuation 1899... 2,913,776
Assessed valuation 85°o actual val.
Total tax (per $1,000) '99 .$1660
Population in 1895 was
4,886
Population in 1890 was
4,221

THOMAS S. SPURR, Treasurer.

G. H. CARTER, Clerk.
Middlesex County.
When Due. "ks, J&D, $30,000. Dec.1905 to'09
LOAN StPlayground Bonds—
190 1, *4,000 in 190P,
($\000
4s
$62,500. .Dec 1, '15 to '24
$*,000 in 1907, $10,000 in 1908,
School Loans—
$6.o00in 19c9).
,$l0,000.Nov.,1900tol901
4s
Water Bonds—
($5,000 due yearly.)
4s, Var's, $318,000.-1900 to 1926
Sewer Bonds—
(Part due each year.)
4s,
1917-1922 4s, J&D, $33.000.... June l.'26-"28
$30,000
Total debt Jan. 1.1900.. $591,500
($5,000 due yearly.)
4s,
330,000
$50,000. .Dec. 1,'18 to '22 Water works, value
7,1X0,499
($10,000 due yearlv.)
Tax valuation, real

This town

is

I

in

m

4s,

$20,000.. Dec. 1, '23-'24
($10,000 due yearly)

Highway Bonds—
J&D. $14,000

1902-1904
($5,000 Dec. 1, 1902; $2,000 in
1903 and $7,000 in 1904.)

4s,

WINTHROP. —
LOANS—
Town Bonds—

Tax valuation, personal. 1,089. 470
Total valuation 1899,... 8.219,969
Assessment about factual value.
$16-30
(per $1,000)'99.
7.200
Population in 1899 was.
was.
4,861
Population in 1890

Tax rate

This town

is in

Suffolk County.
assets

When Due. Sinking fund

$23,433

6,676,455
Tax valuation 1899
$15-70
5s,
$34,500
1905 Tax rate (per $1,000) 99.
3.8fr9
Funded debt Sept.7,'99. $179,567 Population in 1896 was
2.726
Floating debt
45,550 Population in 1890 was
,

Total debt Sept. 7,

1

\A7nDTTDM
W LJt$ U JrtJN
This city

is

LOANS—

in

225,117

899.

.

—

5
J

W

-

T DAVIS. Mayor
P. BARRETT,
-

ALBERT

Middlesex County.
When Due.

Almshouse and Court HorsK4s,

M&N,

$6,000.... Sept, 1, 1900

($2,000 due y'rly) to Sept.

N. Oakes, Town Treasurer.

.

1, 1902
Fire Department Loan—
4s, J&J. $2,000
July 1, 1900
($500 due yearly to) July 1, 1903
Street Loan—

4s,

A&O. $2,000

Oct. 1, 19

($1,000 duo v'rlv) to Oct.

1,

1901

Auditor.

Municipal Loans—
4s,
4s.

A&O, $1,000
J&D. $2,500

Oct.

Dec.
($500 due yearly) to Dec.

ScHOOiiiorsK Loans—

4e,
4s.

A&O. $1.400
A&O. $4.000

Oct,
Oct.

($2,000 due vearly) to Oct.
June
4s.. J&J. $7.500
($1,500 due v'rlv) to June

1,
1.

1,

1.
1.
1,
1,
1,

1900
1900
1904

l°0O
IflOO

1901

1900
1904.

30

ST^TE >WJJ OITY SUf fiEWTEBT.

LOANS—

LOANS-

When Due.

When Due.

Public Phopekty Loan—
Sewkk Deist—
Jan. 1, 1901
4s
$1,500
April 1, 1901 4s
$1,500
<$5oo due yearly) to April l, 1903 ($500 duo yearly) to Jan. 1 1903
Aug. L, 1900
4s. A&O, $20,000
w \tkk Debt—
48.A&0,
Oct. 1,1900
($2,000 due v'rly) to Aug. 1, 1909
$600
48.J&.T,
July 1, 1900 4s, M&S, $2,000.. Sept. 1. '001903
60,000
($500 annually)
($10,000 due y'ly) to Jnlv 1, 1905
I'ni'.i tc I'AKic Loan—
4s
$30,000
July 1, 1900
Oct. 1, 1900
($6,000 due yearly) to July 1, 1904 48, A&O, $700
Apr. 1, 1905 Tax valuation 1899... $10,1 07,625
4s,
$6,000
Is. .UtO. 40,000
Apr. 1, 1901 Assessment same as actual value.
($10,000due v'rlv) to Apr. 1, 1904 Tux rate (per $1,000) '99. ..$19-10
4s, A&O, $9,000
Apr. 1, 1904 Population in 1890 was.... 13,499
INTEREST on water 6s payable in Boston; onall others in Woburn.
TOTAL DEBT Etc —The city's net debt on January 1, 1899. was
,

$382,700, including water debt of $173,200. The floating debt evidenced by demand notes was $67,812, making a total debt of $450,512.
POPULATION Population in 1895 was 14,176; in 1890 was
13,499; in 1880 wa 10,931 in 1870 was 8,560.
;

Total

D

Lobatian.

Tax

Assessed
Valuation.

b'.

WORCESTER —
This city

is

in

I

frId.

w.'

DODGE, Jr., Mayor.
WHITE, Treasurer.

Worcester County.

Populahon.
2,983
1,044
1.746
2,180
3,239
2.872
1,111

Kate,

Hopkiuton (T.) Middlesex Co.... 90,980. 1,823,490
Hull, Plymouth Co
162,027 3,79w,939
Kingston, Plymouth Co
40,000 1,389,235
Lancaster, Worcester Co
43,500 3,095,428
Leicester. Worcester Co
58,992 2,197,332
Lenox. Berkshire Co
25.000 3.623.690
Lincoln (T.) Middlesex Co
37,000 1,971.310
Long Meadow (T.» Hampden Co. 48.000
705,590
Mansfield, Bristol Co
39,700 1,922,406
Millbury. Worcester Co
49,600 2,266,301
Millis, Norfolk Co
45,000
753,415
Milton, Norfolk Co
221,428 19,722,490
Montague (T.) Franklin Co
50,000 3,737,756
Nahant, Essex Co...
26,403 4,835,958
Northbridge, Worcester Co
30,200 3,198,566
North Brookfie d
143,500 1,832,578
Palmer, Hampden Co
26,379 ? ,726,691
Pepperell (T.) Middlesex Co
40,000 2,210,247
Plvmouih (T.) Plymouth Co
175,929 6,944.350
Rockport, Essex o
138,000 2,706,690
Rutland, Worcester Co
37,500
574,821
Scituate, Plymouth Co
70,500 2,529,226
Sharon. Norfolk Co
72,100 1.810,575
HouthHadley. Hampshire Co.... 59,727 2,080.964
Stoughton, Norfolk Co
265,000 2,954,849
Upton, Worcester Co
35,780 1,024,999
Uxbridge, Worcester Co
37,000 2.239,915
Webster (T.) Worcester Co
106,993 3,367,460
Westport, Bristol Co
43,204 1,550,150
Wilmington, Middlesex Co
29,600 1,064,851
Winchendon, Worcester Co
102,452 2,455,829
Wrentham. Norfolk Co
36.968 1.479,689
Yarmouth, ttarnstable Co
29,000 1.583,571

15 75

1720
10-00
12-10
16-40
15-40

1100
11-00

620

2100
1900
1660
900

3,722
5,220
1,006
5,518
6,054

20-^0
8-00

865

1240

4,603
3,871
6,858
2,348
7,958
5,289

22-50
19 10
140(»
17-20

1850

(

8

LXX

Vol.

16-50

980

1300

2,246
1,717
4,463
5,272
1,878
3.546
7,0bl
2,678
1,420
4,390
2.584
1,655

12-00

1900
20-00
Funded Sewer Loans— (Con.)—
Fondkd City Loans—
1750
Apr. 1, 1905 4s, J&J, $70,000.... Jan. 1, 1904
5s, A&O, $'200,000
17-40
75,000 .. Apr. 1,1901 4s, J&J, 180,000.... J an. 1, 1905
4s, A&O,
15-00
4s, A&O, 500,000 ...Apr. 1,1905 4a, J&J, 145.000.... Jan. 1, 1906
18-80
4s, A&O, 500,000 ...Apr. 1,1905 4s,J&J,
75,(00
Jan. 1, 1908
14-00
75,000. ..Jan. 1, 1910
48, A&O, 135,000 ...Apr. 1,1902 4s, J&J.
200O
4s, A&O. 100,000.....Apr. 1,1903 4s, J&J,
80,000.... Jan. 1, 1912
15-30
4s, A&O, 260,000.. ..Apr. 1,1904 4s,J&.l, 100,000. ...Jan. 1, 1916
11-50
Jan. 1,1927
4s, A&O, 110,000.. ..Apr. 1,1905 4s, J&J, 200,000
4s, A&O, 125,000 ..Apr. 1,1905 4s, J&J, 300,oro....July 1.1928
* Later estimate of population.
4s, A&O,
50,000. ..Apr. 1,1925 4s. J&J, 170,000
July 1,1929
Funded Water Loan—
48, A&O, 300,000.. ..Apr. 1,1906
4s, A&O, 100,000.. ..Apr. 1,1906 5s, J&D, $100,000
Dec 1, 1906
4s, A&O, 250.000.. .Apr. 1,1926 4s, A& O, 250,000 ... Apr 1, 1914
48, A&O, 200,000.. .Apr. 1,1907 4s, A&O, 100,000.. Apr. 1, 1915
48, A&O, 350,000.. Apr. 1,1927 4s, A&O, 150,000.. .Apr, 1, 1918
4s, A&O,
40.000... Apr. 1,1917 4s, A&O, 200,000. .Apr, 1, 1919
200,000.... Apr. 1, 1907 4s, A&O,
4s,
Apr. 1, 1920
30,000
ITS
4s
100,000 ..Jan. 1,1909 4s, A&O, 70,000.... Apr. 1, 1921
34s. &0, 60.000
.Apr. 1, 1909 4s, A&O, 150,000.... Apr. 1, 1922
DEBT, RESOURCES, ETC.
4s, J&J, $160,000... July 1, 1908 4s, A&O,
50,000... Apr. 1, 1923
3ks, A&O, 32,000... Apr. 1, 1909 4s, A&O, 50,000.... Apr. T, 1924
3i«s, J&.l. 50,000.... July 1, 1909 4s, A&O, 100,000.... Apr. 1, 1925
One of Original Thirteen
Admitted as a State
Funded Park Loan—
4s, J&D, 300.000.... June 1, 1905
4s, A&O, $250,000.... Apr. 1, 1938
3«28, J&D, 1 50,000... June 1, 1905
1,085
Total area of State (square miles)
School Loans —
4s, A&O, 100,000.... Apr. 1, 1925
Newport
Capital
and
Providence
4s,
J J. $177,000. .July 1, 1919 48.A&0. 75,000.... Apr. 1, 1H26 State
3^s, J&J,
30,000.. Jan. 1, 1920 4s, A&O, 300.000... Apr. 1,1927 Governor (term expires last Tues. May, 1900),
Elisha Dyer
Funded Sewer Loans—
4s, A&O, 350.000.
.Apr. 1. 1928
4i28.A&(),$140,OOO...Apr. 1,1905 4s, J&.T.
C. P. Bennett
25.000. ..Jan. 1, 1929 Sec. of State (term exp. last Tues. May. 1900),
4s, J&J,
55,000.. .. Jan. 1, 1901 o^s.J&D, 700,000.. ..June 1,1929
Treasurer (term expires last Tues. May. 1900), Walter A. Read
4s. J&J,
65,000.... Jan. 1, 1903
Legislature meets annually the last Tuesday in May at Newmultiples
thereof.
PAR VALUE OF BONDS is $500 and
INTEREST on most issues is payable, principally by check, at the port, and holds an adjourned session the following January at
Merchants' National Bank in Boston.
Providence. There is no limit as to the lensth of session.

LOANS—

LOANS—

When Due,

When Due.

.

.

State of

Rhode

Island.

,

.

i

I

-----

------

TOTAL DEBT, SINKING FUNDS, Etc-

Feb. 1. 190O. Dec. 1, '98. Dec. 1, '97. Dec. 1,'96.
Total bonded debt.... $9,229,000 $8,045,000 $6,735,000 $5,315,000
Sinkingfunds
3,603,287
3,204,932
2,785,314
2,383,735

Net debt
Water & park
(inc.

above)

$5,625,713 $4,840,068 $3,949,686 $2,931,265
debt
$3,500,000 $?, 775,000 $2,225,000 $2,175,000

a brief history of the Rhode Island
of April 13, 1895, page 33.
The bonds outstanding at present are described as follows

HISTORY OF DEBT.— For

State debt see State

do
do
do
do

sufficient with accumulations
of interest on sinking fund investments to retire entire debt at maturity.
In 1899 $267,200 was paid into sinking funds other than th-

CITY PROPERTY.— The city owned property in 1899 valued a
$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, $101,750 paid to sinking fund. $21,750.
;

ASSESSED VALUATION.—The

city's assessed

valuation and tax

rate have been as follows, real estate being taken at " its full

cash value":

and

fair

Personal
RateofTas
Real Estate.
Property.
Total.
per$l,000.
1899
$83,478,100
$28,857,999 $112,336,099
$16-00
1898
Kl,260,650
16-20
19,638,000
100.898.650
1897
78,501,750
14-80
18,843,4*0
97,345,200
1896
74,986,450
15-60
15,703,250
90,689,700
1895
71,104,650
15-40
16,939,866
88,044,516
1890
57,819,250
15,633,010
73,452,266
1560
In 1899 tax rate includes State tax, $0-26; county tax, $0-74 oity
tax, $15-00; total, $16-00.
Average assessed valuation for three vears 1897 to 1899, inclusive,
was $103, 526,649, and for three years '96 to'98,inclusive,$97,109,10O.
Tears.

;

POPULATION.— Population
84,655;

m

1895 was 98,687; in 1890 was
1880 was 58,291; for 1900 is estimated at over 120,000.
in

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 Massachusetts Census of 1895.
Total
Assessed
Tax
PopuLoeation.
Debt.
Valuation.
Rate.
lalion.
* 1,640
Avon (T.) Norfolk Co
*8?,0H2 $818,255 $19-60
Billerica, Middlesex Co
150,160 1,841,914
16-80
2,577
Blackstone, Worcester Co
37,337 2,660,380
1680
6,039
Bourne, Barnstable Co.
50,485 1,996,200
13-20
1,580
Chatham (T.) Barnstable Co
25,0<
18-00
855,895
1,809
Cohasset, Norfolk Co
52,500 4,797,620
9-85
2,474
Cottage City, Dukes Co
30,100 1,674,600
16-30
1,038
Deerfield, Franklin Co
47,043 1,298,110
11-50
3,007
Douglas. WorcesterCo
28,122 1,058.861
17-50
2,026
Dracut. Middlesex Co
30,000 2,066,720
1025
2,443
Duxbury (T.) Plymouth Co
14-00
38,803 1,562,667
1,966
Fairhaven rr.) Bristol -o
71,000 2,254,775
17-00
*3,500
Foxborough (T.) N« rfolk Co
42,000 5\000.< 00
1630 *3,200
Great Barrington, terkshire Co. 65,968 3,418,954
12-50
4,612
Hadlev (T.) Hanii sLiieCo
16-50
76,355
985,612
1,669
Hamilton, Essex Co
29,450 1,910,155
7-30
1,356
Hampshire Co
77,615 31,358,318
54,710
Hardwick. Worcester Co
14-00
30,000 1,523,885
2,655
Hatfield, Hampshire Co
50,000 1,027,449
1300
1,262
Hingham (T.) Plymouth Co
14-50
46,000 4,021,732
4,819
Hinsdale, Berkshire Co
17-30
30,000
559,780
1,650
Holliston (T.) Middlesex Co
27,500 1,458,129
2000
2,616
.

.

.

—

LOANS—
do
do
do
do

Interest.

—

Rate. Payable.

NAME AND PURPOSE.
State House loan,1894

The sinking fund receives yearly a sum

water bonds sinking fund.

and City Supplement

3^g.J
3i2g.J

1894
1894
1894
1898

3^g.J
3^g.J
3g.

&
&
&
&

J
J
J
J

A&O

-Principal.-

When Due.
Jan.
Jan.
Jan.
Jan.

1,
1,

1,
1,

July 15,

1904
1914
1924
1934
1938

Outstand'g.

$300,000
400,000
400,000
400.000
800,000

PAR VALUE OF BONDS.—The bonds are for $1,000 each.
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

is

payable

at the industrial Trust Co., Providence.

TOTAL DEBT, SINKING FUNDS Etc-

Januaru 1—

1900.
Total funded debt.... $2,300,000

8inkingfunds

295,752

1899.

$2,300,000
255,089

1898.
$1,500,000
209,422

1897.
$1,517,000
150,000

Net debt
$2,004,248 $2,044,911 $1,290,578 $1,367,000
The sinking fund is largely invested in city, town and district
bonds and notes, and it is to receive $50,000 yearly.
TAX VALUATION.— The assessed valuation of real estate in
Rhode Island in 1899 was $308,967,317; personal property, $81,9 45,263 total $390,912,580. Tax rate (per $1,000) in 1899 was $1-80.
;

POPULATION OF STATE— In
1895
1890
1885
1880

384,758
345,506
304,284
276,531

1870
1860
1850
1840

MUNICIPAL INDEBTEDNESS

1790,68,825. Since then:
217,353 1830
97,199
174,620 1820
83,015
76,931
147,545 1810
69,12;
108,830 1800
LIMITATIONS.-There is nothing
I

I

I

I

Rhode Island limiting the amount of city debts.
following, however, are two sections taken from Title 7, Chapter
36 (page 157) of the Revised Statutes of the State of 1896. Since 1878
these provisions have been in force, and consequently 3 per cent of the
taxable property has been the limit of the power of each town (which
includes city) to create debt.
in the Constitution of

The

Section 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 indebtedness now authorized to be incurred on account thereof may
be incurred according to the tenor of the authority therefor.
Section 21. No town shall, without special statutory 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 section, and the amount of any
sinking fund shall be deducted in computing 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),
Sections 54, 55, 56, etc., of Chapter 178, Title 19 (on page 548), will be

lyOO

April,

ftttOBE

ISM1W-CITI£S

found the provisions of law with reference to Savings Bank InvestSection 54, which recites in detail the stocks, bonds, etc., these
Institutions are allowed to put their money in is as follows:
Section 54. Institutions for savings shall invest their receipts—
(1) In public stocks or bonds of any'State or of the United States,
ments.

(2)
(3)

Or
Or

in any bank stock, or in notes or liouds of any town or city.
in notes of any school district or lire district in any
Eng-

New

Or

bonds as they may deem safe and

in such corporate stocks or

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 dralts of individuals or corporations secured
by the public notes, stocks or bonds of any State of the United States,
or of any town or city or of any school district or Are district in any
New England State, or by the stock or bonds of any corporation which
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 bo kept
"payable on demand whether drawing interest or not." The two
sections are subjoined.
Suction 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 secured by some public notes, bonds or stocks as
aforesaid, or by mortgage on real estate: but the preceding section shall
not bo so construed as to forbid any such institution from placing and
holding on deposit in any bank such reasonable amount of their receipts as is customary and they may deem proper, payable on demand,
whether drawing^ interest or not.
Section 5h.— No money shall be loaned by any institution for savings to any trustee, director or other olttcer of such institution.
For the other provisions of the law as they now are we would refer
our readers to the Revised Statutes of 189G.

—

East Providence Fire District.

Providence Oo'ty.

the district.

LOANS—

WhenDue.

,

4 Hi8,g.,J&J,$100,000,g.J ly 1,1932

I

1907 Total debt Feb 1, 1899. $200,000
4^8^., J&J, 35,000,g.July 1,1917 Tax valuation
4,162,301
4^s,g.,J&J, 50,000,g. July 1, 1922 Real value (estimated). 5,250,000
4!28,g., J&.T,$15,000,g.July 1,

|

I

I

INTEREST

is

paid by the Industrial Trust Co., Providence, B.

JOHNSTON.— Herbert

C.

I.

Calef, Treasurer.

This town is in Providence County. On June 1, 1898, a portion of
this town, representing about hve-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 $255,72064, leaving $101,677-4 < as
the town debt remaining. Bonds Nos. 1 to 100 and 151 to 191 (all inclusive) remain as an obligation of tlio 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.

LOANS-

GtK,
4s, g.,
4s, g.,
4s, g.,

I

When Due.

Net debt June

& Road Bonds.— '4old. Tax

mi-.

F&A, $50,000g.Feb.
F&A, 50,000g.Feb.
F&A, 4l,000g.Feb.

1,

1899

$84,085

valuation, real.
1,689,280
Tax valuation, personal. 401,200
Total valuation 1899.... 2,090,480
Assessment about \ actual value.
Town tax (per $1,000) '99. .$13-00

1907
1912
1917
'99.. $141,000
1,

1,
1,

Bonded debt June 1,
Floating debt June 1, '99.
2,919 Population in 1895 was
11,203
Total debt June 1, '99.... 143,919 Population in 1890 was
9,778
Sinking fund, &c
59,834 Population 1899 (est)
5,000
Trust
payable
the
Union
Company,
is
by
Providence.
INTEREST

Alfred

Sherman,

E.

Treasurer.

Providence County.

is in

LOANS—

When Due. Assessed valuat'n, real. $3, 235, 980
AAO. $125,000 Oct. 15, '28 Assessed valuat'n.per'l. 912,100
Bonded debt May 1,1899. $181, 350 Total valuation 1898.. 4,148,030
Floaticg debt
1 0,000 Tax rate (per M.) '99
110 J

RHODE ISLAND.

1

—

The waterworks system of this district has been purchased by the
East Providence Water Company, subject to the outstanding debt of

This town

IN

STATE OB

on the town bonds is payable at Blake Bros. & Co.. Boson gold bonds at the Rhode Island Hospital Trust Co., Providence.

LINCOLN.

Counties and Towns

Cities,

31

TOWNS,

INTEREST
ton;

land State.
(4)

/W

4s, g.

.

BRISTOL.— Geo.

H. Peck, Treasurer.

the capital of Bristol County
When due. Tax valuation, personal$l,247,300
Total valuation 1899... 5,841,800
Town Notes—
1900-1902 Assessment about 7s actual value.
4s, J&J, $101,350
$2*>,650 Town tax (per $1,000) 1899.$1160
Short term notes
Total debt Feb. 1. 1900. ...128,000 Population in 1890 was
5,478
4,594,500 Population in 1895 was
Tax valuation, real
6,730
INTEREST on all town loans is paid in Bristol, R. I.

This town

LOANS—

0. Hawkins, Treasurer.
BURRILLVILLE.— P. County.
This town

LOANS—
.

When Dae.

. ,

$60,000

Highway

May

1,

Population in ls9 3 was

1899... 191,350

NARRAGANSETT
District Treasurer. —

..8,350

..

Bonded debr Feb. 1, 1900.$110,000
fund assets
6,000

Imp.

. .

Slnkinjr

.Sept

1,

Bonds—

Tax

1939

valuation, real
2,450,174
Ta,x valuation, pers'l
894,750
Total valuation 1899 ...3,344,924
Tax rate (per $1,000) '99. ..$10-00

J&J, $50,000 g. Jan. 1, 1907
(Part due every five years) to 1922
Interest at 3d Nat. Bk., Boston.

4s, g.,

Population iu 1890 was

5,492

PIER.— E.

Taylor,

S.

Narragansett Pieris in Washington Co.

When Due. Total debt Jan. 1, 1899.. $173,500
LOANS—
Improvement Bonds—
Town has no water debt.
4s, M&N, $100,000.... May 1, 1919 Tax valuation, real
3,409,765
Interest payable in New York.
Tax valuation, personal. 255,400
Bonded debt Jan.
Floating debt

1, '99..

situated in Providence

is

Funding Bonds—
3Hjs, g.

Total debt

is

patrick

NEWPORT.Newport is

Total valuation 1898
3,665,165
Total tax (per $1,000)'98
750

$100,000
73,500

JOHN

S.

J.

situated in the county of the

LOANS—

When Due.

BOYLE, Mayor.

COGGESHALL,

Treasurer.

same name.

Sewer Bonds—

I

WhenDue.

4s, M&N,$35,000
City Hall & Imp. Bonds—
Nov. l, 1916
4s, M&N, $153.000. .May 15.1948 4s, F&A, 98,000
Feb. 1,1918
Sewer and Street Imi-uovem't.
Industrial Sen. and Consol.—
4s, M&N, $146,000. .May 15, 1923 4s, A&O. $70,000. ...Apr. 15, 1921
PAKK BoNDh4s, g., F&A, 50,000.. Aug. 1, 1929
4s
$40,000. .Feb 15,1927 Bondeddebt Jau. 1,1900 $794,000
sinking fund
Public Improvements—
126,093
4s, M&N, $100,000 g.May 1,1925 Netdebt Jan. 1, 1900... '667,907
Assessed valu'n, real. .31, 1 38,100
School House—
4s, M&S, $30,000
Mar. 1, 1905 Assessed valu'n, pers'l. 6,683,200
Total valuation 1899... 38, 121,300
4s, J&D, 16,000
Dec. 1, 190
4s, J&J,
16,000
July 15.1909 Assessment about actual value.
4s, J&J,
40,000
Jau. 1. 1928 Tax rate (per $1,000) '99... 11-00
Population 1 895
21,537
Population 1890
19,449
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 assessors at $488,022; other property, $183,398.
Limit of indebtedness, 3
per cent of valuation.
I

I

I

CENTRAL FALLS.
assumed

E.

;

!

C.

EASTWOOD, Mayor
A. REYNOLDS, Treasurer.

|

I

This city, recently organized,
the debt of the old tire district
(which is now a part or 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 $596,150 is owued by the city.
Central Falls is in Providence County.
When Due. Bonded debt Jan.15,1900 $424,370
LOANS—
Fiiie District Bonds
AVater debt (included)
100,500
4*2S, g., M&N, $80,000. .'00 to 1919 Floating debt
20,000
($4,000 due yearly on May 15.)
Tax valua *,ion, real
$6,73 1 ,(>!)(
$12,500
1900 Tax valuation, person'l 1,60:3,200
To\v« of Lincoln Bonds—
Total valuation 1899... 8,334,290
$111,870 $3,390 each J&J Tax rate (perM.) '99
1500
City Bonds—
Population iu 1895 was. ...15,828
4s,J&D,$220,000g.Dec.l,'00to 21 Population 1897 (est.) over.16,000
($10,000 duo yearly.)
INTEREST is paid at Industrial Trust Company of Providence.

—

I

,

,

COVENTRY. — This town

is

in

Total valuation. 1898 .$3,797,045
rate (perM.), 1898.
500
Population 1890 was...
5,068

Tax

is in Providence County
Sinking fund Apr., 1899
$46,969
Gold Bonds—
Assessed valuat'n, real 10,263,290
4s, g, $150,000, g
1922 Assessed valuat'n, pers. 1,143.915
4s, g, 100,000, g.. .Aug. 15, 1925 Total valuation 1900. ..11,407,205
4s,g,F&A$135,000,g.Aug. 1. 1929 Tax rate (per $1,000) 189 J.. 12-50
4s
150,000, g
1937 Population iu 1895 was
10,575
4s, M&N,
50,000 . Nov. 1, 1939 Population in 1890was
8,099
Bonded debt Apr.. 1, '99 $535,000

When

Due.

C UM BERL AND. — This town
LOANS-

When Due,

J&J, $60,000
Jan.
($5,000 due yearly) to Jan.

4s,

Town House Bonds—

1

,

1,

1901
1912

J&J, $28,000
July 1, 1900
($2,000 due yearly) to July 1, 1914
Interest payable in Providence.
Bonded debt Jan. 1, 1898 .$104,000
Floating debt
85,000
Total debt
189,000

4s,

Providence County.
Sinking fund
$7,000
Netdebt Jan. 1,1898.... 182,000
Tax valuation, real
5,424,000
is

in

Tax valuation, personal. 2, 166, 000
Total valuation 1897
7,590,000
Assessm't ab't 9-10 actual value.
$1-80
State tax (per $1,000)
7-20
Town tax (per $1,000)
Population iu 1895 was
Population in 1890 was
Population in 1880 was

8,507
8,090
6,145

EAST
PROVIDENCE.— DavidS. RAY,Treas.
town
This

.

is

LOANS—

Town
4s

in

Providence County.

When Due.

(Co pon)

Bonds—

Bonded debt Mar.
Other

liabilities

J&D, $95,000,. ..$5,000 yearly Total debt Mar.

Gold Bonds
4s, g.,
4s, g.,
4s, g.,

(reg.),

1893—

J&J, $25,000... July
J&J, 60.000... July
J&J, 60,000... July

1,
1,
1,

1923
1933
1943

1

.

1900$340,000
76,612
1900.. 416,612

1,

Sink, fund audlother assets.57,847
Valuation, real
7,617,909

Valuation, personal
723,^15
Total valuation 1899
8,341,717
Tax rate (per $1,000) '99... .$1480
4s, g, ....,$100,000. ..1922 & 1947 Population in
1895 was
10,170
($50,000 in '22 and $50,000 iu '47.) Population iu 1890 was
8,422

Gold Funding Bonds—

.

I

!

>

I

Geneva, R.

I.

LOANS—

This

is

Ogdew,

Treas.,

iu Providence County.

When Due. Assessed

,$50.000.. ..Dec. 15, 1912
Bondeddebt Feb. 1,1900. $50,000
Floating debt
50,000
Total debt Feb. 1,1900 ..100,000
Sinking fund
9,500
Net debt Feb. 1, 1900
90,500
4s

val'tion, real $1,346,410
Assessed val'tion, per'l.
334,200
Total valuation 1899... 1,680,610
Assessment about actual value.
Total tax (per $1,000) '99. ..$10 50
Population in 189" was
2.034
Population in 1900 (est.) .. 3,000

i

.

Funding Bonds—

'

8,

CRANSTON. —This town
LOANS—

,

—.1.
PROVIDENCE
NORTH
Box
town

Kent County.

The town has no bonded debt.
Floating debt
$55,726
Assessed valuat'n, real. 2,596,445
Assessed val., personal. 1,200,600

|

D
A AUrTU^r/CT
tTA
W 1 UL/Jkvn. 1

.

FITZGERXLD. Mavor.
— sJOHN
FRANK M. BATES,

Treasurer.

\

Pawtucketis in Providence County.

LOANS—

When Dne.

General Debt Bonds—

J&J, $150,000 g.. July 1,1915
J&J, 300,000.... July 1, 1904
($50,000every5yrs)toJulvl, 1929
4s, A&O, $600,000 g..Apr. 1, 1923
4s, J&J,
300,000 g..Julv 1, 1934
4s,...., 300,000g ..July 1, 1936
4s, ..... 175.000 g... May 1, 1937
4s,
4s,

Sewer Bonds—
A&O, $400,000 g. Apr. 1, 1923
J&J, 175.000 g. July 1.1934
225,000 g May 1. 1937

4s,
4s,
4s,

.

Street Improvement Bonds—
3>*s,

$100,000 g Apr.

3ifl8,

$50 000

School Bonds -

Water Bonds—

g.

.

Apr.

1,
1

,

1939

1939

J&J, $600,000 g...luly 1, 1910
J&J, 400,000.... July 1, 1919
J&J, 125,000 g.. July l. 1934
loo.ooo g..,May l. 1937
•is,
27,633
Population 1890 was
32,577
Population 1895 was
4s,
4s,
4s,

payable at Nat. Bank of Redemption, Boston.
ETC —The bonded debt on October 1, 1^99. was
$4,000,500; floating debt, $622,931: total debt, $4,623,431; sinking
fund, $372,325; netdebt, $4, 25 1,1 06. Of this amount $1,043,181 was

INTEREST

is

TOTAL DEBT,

for water.

ASSESSED VALUATION in 1899of real estate was $28,528,660;
personal property, $5,011,340; total. $33,570,000; tax rate per $1,000
for 1899 is $16-50. In 1882 tin- total valuation was $16,267,764.

PROVIDENCE.

S
>

BAKER. Mayor.
WILLIAM
1). L. D. GRANGER. 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 \\ as to assume $265,720 64 of the net debt
of the old town of Johnston.

82

AW

ST#T£
LOANS-

Interest.

NAME AND PURPOSE.
Davis estate
Park loan
do

-Prhtcipal,Oulstand'g.

,

Rale

Payable.
4g. J & J

When Due.

July 1,
Mar. 1,
1892 .c&r 4g.
1897 ....r 3»2g.M & N May 1,
Public iniproveinent.1880 ... r 5
J & J July 1,
do
do
1897 .. r 3i«g.M & N May 1,
do
M*y 1.
do
1899 ...o 3g.
Bohool loan
1891 .o&r 4g. J & J July 1,
do
1895 ...r 4g. M & N Mav 1,
do
1897 .c&r 4g. A & O April 1,
do
1*99 o&r 3*8g.M & N May 1,
Sewer loan
1891 c&r 4g. J & J July 1,
Mar. 1,
do
1892 c&r 4g.
do
1893 c&r 4g. A & O April 1,
May 1,
do
1895 c&r 4g.
do
1896 c&r 4g. J & D June 1,
do
1897 c&r 4g. A & O April 1,
do
1898. c&r 3»«g.A & O April 1,
& N May 1,
do
1899. c&r 3g.
Wey bosset Brdge.ln. 1 899 c&r 3H>g.M & N May 1,
&
Water loan
1871 .c&r 6g. J
J July 1,
do
1872 .c&r 5g. J & J July 1,
do
1874 c&r 5g. J & J July 1,
do
1876 c&r 5g. J & J July 1.
1886 .c&r 3iag M & 8 Sept. 1,
do
1893 c&r 4g. A & O Apr. 1,
do
1896. .r 4g. J & D June 1,
do
1897. c&r 4g. A & O Apr. 1,
do
loan.... 18? 1 .o&r

M&S

M&N

M&S
M&N
M

Highway loan

1894. ...r 4g.
do
1897. ...r 4g.
do
Johnston aunexat 'n.l 899 ...r 3

Johnston Bon is—
School Dint. No. 15.1894...
4s
'•
do
do
1894,. c 4s
School Dist. No. 1.1897. .-o 4s
Town bonds,
1892 ..o 4s
do
do
1892. ..c 4s

M&N
A & O
M& 8

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

CITY SUf riEMWT,

May

Apr.
Sept.

1,
1,
1,

1909
1922
1*47
1900
1937
1929
1911
1925
1927
929
1921
1922
1923
1925
1926
1927
1928
1929
1929
1900
1900
1900
1906
1916
1923
1926
1927
1924
1927
1939

1

$75,000
500,000
674,000
146.000
640,000
84,000
300,000
300.000
500,000
350,000
1,125,000
500,000
500,<

00

800,000
500,000
300.000
200,000
250,000
270.000
820,000
1,180,000
2,000,000
1,500,000
483,000
817.000
200,000
250,000
1,200.000
500,000
166,000

Oct, 1, 1909,
Oct, 1, 1924,

Nov.
Feb.
Feb.

1,
1,
1,

1927,
191?,
1917,

25,000
30,000
17,000
50,000
59,000

,

due 1923 and 1927....
do
do
due 1926
Providence, City Treasury.
Highway, due 1924 and 1927....
do
do
Johnston school bonds
Industrial Trust Co., Providence.
Johnston town bonds
Union Trust Co., Providence.
Johnston annexation bonds
Providence, City Treasurer.
4s,
4s,

TOTAL DEBT, SINKING FUNDS, ETC.-Tne 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.

Bonded debt (incl.
Floating debt
Total debt
Sinking funds, etc

Jaw. 1,1900.
waterd't).$17,311,000
046,264

July 1,1898.
$16,860,000
1,070,387

July 1, 1897.
$16,860,000
451,692

$17,953,264
3,955,261

$17,930,387
4,104,021

$17,311,692
3,687,981

Annexation loan, due 1939

$2,67178
7,119 36

School District No. 15, loan due in 1909
School District No. 15. loan due in 1924
School District No. 1, loan due in 1927
loan due in 1912 and 1917

Total sinking funds Jan.

3,340 68
1,455 72
8,444 47

1900

$3,955,261 35
construction account to Oct.
In year 1898-99 income from
1, 1899, amounted to $6,855,506 23.
water rents, etc., was $545,330 85 cost of maintenance $92,247 32
Interest on water loans, $352,123 89; surplus, $100,959 64.
ASSESSED VALUATION.—The valuationand tax rate have been as
follows, real estate being assessed at "about two-thirds cash value :"
Assessed Valuation
Tax per
Amount
Tears.
Personal
Total
Real
$1,000.
of Tax.
1650 $3,110,279 37
1899. $146,701. 900 $41,799,880 $188,501,780
1898. 142,430,2(0 39,127,920
181,558,120
1650 2,995,708 98
1897. 135,805,460
1650 2,871,700 92
38,237,020 174,042,480
16-50 2,874,836 25
174,232.500
1896. 133,296,200 40,936.300
1600 2.716,552 96
1895. 129,438,060
40,346,500 169,784,560
1890. 104,684,440
35,932,620
140,617,060
1500 2,109,255 90
13-50
115,921,000
1880. 88,012,100
27,908,900
1,564,933 50
13-50
40,565,100
93,076,900
1870. 52,511,800
1,256,538 15
5-60
58,131,800
1860. 37,089,800
21,042,000
325,538 80
The tax rate in 1899 included State tax of $1-80 and city tax $14-70
POPULATION— The population for 1899 is estimated at 168,000
In 1890 it was 132,043 in 1880 it was 104,856 in 1870 it was 68,904.
1,

WATER WORKS.—Tlie water works
;

.

,

;

;

KINGSTOWN.
SOUTH
town
Washington
This

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.
INTEREST on the bonds is payable as follows
Title of Loan
Interest, where payable.
Davis estate loan, due 1909
N. Y., Nat. City Bank, and Pro v.
Park loan
N. Y., Nat. City Bank, and Prov.
Public improvement loans
Providence, City Treasurv, and N. Y.
School loan, due 1911 and 1927... N. Y., Nat. City Bank, and Prov.
do
due 1925 and 1929. .Providence, City Treasury.
Sewerbonds
N. Y., Nat. City Bank, and Prov.
Water 6s, due 1900
Providence, City Treasury.
do 5s of 1872, due 1900
Boston, Eliot Nat. Bank, and Prov.
do
5s of 1874, due 1900
N. Y. Nat. City Bank and Prov.
Water 5s, due 1906
New York, Nat. City Bank, & Prov.
do 3*28, due 1916
do
do
do
do

Johnston
Johnston
Johnston
JohDSton
Johnston

LXX

Vol.

is

-J.

A. Allen. Treas.

County.
When Due. Tax valuation, real

in

LOANS—

$2,968,680
2,0 28,420
15, 1900 Total valuation 1899... 4,997,100
(part due yearly) to Dec. 15, 1921 Assessment is 7-10 actual value.
Bond, debt Feb. 1, 1900..$ 12 1,000 Total tax (per $1,000) '99.... $7-00
Floating debt
12,000 Population in 1890 was
4,823
Total debt Feb. 1, 1900.
133,000 Population in 1880 was
5,114
The above bonds become due yearly in amounts of $5,000 and $6,000
alternately. On December 15, 1900, $5,000 will be taken up.
INTEREST is payable by the Rhode Island Hospital Trust Company
and at the Town Treasurer's office.

Improvement Bonds—
4s, J&D, $121,000... Dec.

Tax valuation.personal.

.

TIVERTON. —This town

Is in Newport County.
When Due. Assessed valu. personal. $867,700

LOANS—

4s,

M&S, $23,000

1900-1922

($1,000 annually on Sept.

Total assessed value, '99 .2,678,324

Assessment at

1.)

Tax

BondeddebtSept.1,'99.. $£3,000
Assessed valuation, real. 1,810,624

full value.
rate (per $1,000) '99

— Charles W.
WARREN.
town
This

is

$8-00
2,964

Population 1895

Greene, Treasurer

in Bristol County.

LOANS—

When Due. Assessed val'tion, perl. $1,453, 750

Refunding Bonds-

Total valuation 1899... 3.656,000
,$74,000.... 1900 1922 Assessment abt. 80% actual value.
($3,000 yearly on Oct. 1 to 1917, Tax rate (per $1,000) 1899.. $11-00
Population in 1890 was
and $4,000 yearly thereafter.)
4,489
Bonded debt Feb. 1, 1900 $74,000 Population in 1900 (est.)
.5,000
Assessed val'ation.real. $2, 202, 250
INTEREST payable at the Massachusetts Loan &TrustCo Boston.
4s,

g

.

James M.
WESTERLY.—
town
Washington
This

. .

Pendleton, Treas

County.
When Due. Tax valuation, person'l.$l,107,325
LOANS—
Refunding Bonds—
Total valuation 1899 ...6,518,425
14-70
4s, g, J&J, $30,000. . .Jan. 2, 1929 Tax (per $1,000) 1899
Water Loan—
Population in 1895
7,636
4s, M&S, $200,000.
.Sept. 1, 1927 Population in 1890
6,813
School District No. 1.
3^, g, F&A, $73,000.. Feb. 1, 1929
Bonded debt Feb. 1,1900. $303,000
Funding Bonds—
1921
Sinking fund
bl,767 4^s, M&S. 35,000
Subject to call after 1896
Net debt Feb. 1, 1900... 271,233
Float'g debt (additional)
15,000 Interest payable in Westerly.
Water debt (included)
273,000 School tax (per $1,000) 1899. $6-00
valuation,
Tax
real
5,411,100
INTEREST is payable at the U. S. Mortgage* Trust Co., N.Y. City
is

in

.

.

. .

. .

Net debt
$13,826,366
$13,998,003
$13,623,711
Water debt (included above). $7,300,000
$7,250,000
$7,250,000
The debt of the city of Providence, less the sinking fund and water
debt,

is

3-55 per cent of the assessed valuation of the city.

The notes representing the floating debt on Jan. 1, 1900. were all
held by the Commissioners of the Sinking Funds. Dexter Donation
and the trustees of the Public School Teachers' Retirement Fund,
and were issued for and are chargeable to the following accounts
Sewerage
$217,000
Special highway loan
300,000
Blackstone Park improvement loan
15,000
Casino
Water- works construction
Electric wires
...
Weybosset Bridge and river walls
Total

19,558
50,000
19,705
25,000

$646,264
SINKING FUNDS. -All sinking funds must be invested in bonds or
notes -f the city of Providence or in the following classes of bonds,
viz.:
United Statep, any of the New England States. Boston, Worcester, Cambridge, Springfield and Fall hiver, 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 wat*>r 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, 1900,
are shown by the following table
Public improvement loan, due in 1900
$139,758 93
Public-improvement loan, due in 1929
2,123 20
Public improvement loan due in 1937
25,444 82
Water loans, due in 1900
1,297,532 16
Water loan, due in 1906
256,718 80
Water loan, due in 1916
104,420 28
Water loan, due in 1923
57,124 33
Water loan, due in 1926
32,733 72
Water loan, due in 1927
38,103 70
Davis estate loan, due in 1909
32,731 49
School loan, due in 1911
145,203 75
7*-" ,909 64
School loan, due in 1925
School loan, due in 1927
107,147 87
School loan, due in 1929...
37,493 ?6
Sewer loan, due in 1921
268 331 68
Sewer loan, due in 1922
147,802 15
Sewer loan, due in 1923
119,778 77
Sewer loan, due in 1925
193,719 54
Bewerloan, due in 1926
118,028 68
Sewer loan, due in 1927
66,704 44
Bewerloan. due in 1928
24,088 11
«ewer ioan, aue in 1929
6,260 09
ram loan, due in 1922
149.027 02
Park loan, due in 1947
17,632 98
Highway loan, due in 1924
327,567 01
Highway loan, due in 1927
114,962 77
Weybosset Bridge loan, due in 1929
31,880 05
i

. . .

WOONSOCKET.

J
I

GEO. W. GREENE, Mayor.
S. P. COOK, Treasurer.

Woonsocket is in Providence County. Aside from the following obligations Woonsocket endorses first mortgage bonds of the Woonsocket
& Pascoag RR. to the amount of $100,000.

When Due.
LOANS—
Funding Bonds—
1900 to 1903
4s, J&D. $40,000
($10,000 yearly on Dec. 1.)
4s, F&A, $200,000. ...Aug, 1, 1907
4s. g, A&O, $339,000 Apr. 1, 1924
4s. g. M&N, 350,000. May 1, 1927

Sewer Bonds-

Is, g,
4s, g,
4s,
4s,

F&A, $50,000. Aug.
F&A, 50,000 Feb.
F&A, 50,000.Feb.
F&A, 50,000.Aug.

15,
15,
15,
15,

Water Bonds—
M&N, $92,000 Nov.
M&N, 100,000. May

1921
1921
1925
1925

1916
1915
4s,g,M&N, 100,000. .May 1,1915
4s, g, M&N, 90,000.. Nov. 1, 1916

Refunding Water Bonds—
A&O.g., $150,000. Apr. 1. 1919
Bond, debt Feb. 1, 1900.$1,661,000
320,000
Floating debt
Total debt Feb. 1,1900.. 1,981,000
Sinking fund
182,924
Net debt Feb. 1, 1900. 1,798,076
Water debt (included).. 532,000
12,723.950
Assessed val'n, real
Assessed val'n, pers'n'l. 2,472,350
Total valuation 1899. 15,196,300
Assessment about 23 actual value.
Tax rate (per $1,000) '99.. .$15-00
4s.

.

.

20,830
Population 1890
Population lt-95
24,468
Population 1899 (est.)
27,000
Interest payable in Woonsocket.
PAR VALUE OF BONDS.— Bonds are for $1,000 each.
CITY PROPERTY—The city owns real estate aud personal property valued at $1,207,000.
4s, g,
4s, g,

1,
1,

State of Connecticut
ITS

DEBT, RESOURCES,

Etc.

One

Admitted as a State
Total area of State (square miles)
State Capital

of Original Thirteen

....

5,004

.

Hartford

Governor (term expires Jan. '01)
Geo. E. Lounsbury
Secretaryof State (term expires Jan '01) Huber Clark
Treasurer (term expires Jan. '01)
Charles S. Mersick
Legislature meets biennially in odd years on the Wednesday
following the first Monday in January. There is no limit on
the length of the session.

HISTORY OF DEBT.— For a brief history of the Connecticut State
debt see State and City Supplement of April, 1895, page 36. The
condition of Connecticut's debt now is as follows:

LOANS

—Interest.—^

Principal,

.

When Due.

name AND PURPOSE.

Rate Pau'le.
War loan
1865
Ceased.
do renewal 1882 c &r 313 J & J
do
do 1883
r 312 J & J
do
do 1885
3

.

Chilsland'g.

1,1885

Oct.

$100

Jan. 1,1903
Jan. 1, 1903

500,000
1,000,000
Oct. 1,1910
1,740,000
PAR VALUE OF BONDS—The bonds are all for $1,000 or $10,000
INTEREST on all bonds Is payable in Hartford, Conn.

A&O

TOTAL DEBT, EtcOct. 1,

Total funded debt.
Civil list funds

..

Netdebt

1899. Oct.

$3,240,100
682,884

1,

1898. Oct.

$3,240,100
463,891

1,

1897.

$3,240,200
123,028

Oct. 1,

1896.

$3,240,200
290,734

$2,557,216

$2,776,209 $3,117,172 $2,949,466
value formerly about 50 per
believed to be higher.

ASSESSED VALUATION.—Assessed

«ent of actual value;

now

Tax valuation.

Years.

1898
1897
1896
1895

$552,887,762
534,465,257
529,621,165
452,863,714

Tax valuation.
$441 ,001,581

Years.

1894
1893
1892
1888

416,323,252
381,261,607
354,557,515
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
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 of credit any
railroad debt contracted prior to the adoption 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 suoh 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 "Publio Acts" for that year.
:

;

POPULATION OF STATE-— Population has been as follows:
1890

746,258
622,700
537,454

1880
1870

1860
1850
1840

460,147
370,792
309,978

1830
1820
1810

297,675
275,148
261,942

SAVINGS BANKS INVESTMENTS-PRIVILEGES AND REST R CT O N S. — At the session in 1 899 materi al changes were made in
I

I

the provisions regulating the investment of the deposits of the savings
banks of Connecticut. We give below the law as thus amend-ed.
The Act of 1899 is entitled "An Act concerning Investments 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 And the part desired
otherwise we give the section as it reads and was passed.
Section 1800 of the General Statutes, as amended by chapter
CCXXIX of the Publio Acts of 1893 and by chapter CCXVH of the
Public Acts of 1897 is hereby amended to read as follows: Savings
banks may invest—
(1) Notexceeding twenty per centum of their deposits and surplus
In notes secured by the pledge of stooks or bonds as oollateral security provided, said stocks or bonds shall have paid dividends or
interest of not less than three per oentum per annum during the two
years next preceding that in which the respective loan is made; or
;

:

33

£CTI CUT— DEBT Of ST/ITE,

April, 1900.

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 obligation of two or more parties, all residents of this State.
(2) And may invest in the bonds of the United States, the District of
Columbia, any of the New England States, or any of the States of New
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 city in the New England States, or in the
State of New York; of Newark. Paterson and Trenton in the State of
New Jersey; 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
Wisconsin: of St. Louis in the State of Missouri; of Omaha in the
State of Nebraska
(4) 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 any bank or trust company located in
this State, or in the city of New York in the State of New York, or in
Boston in the State of Massachusetts
(6) Or in the bonds of 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 and 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 oompany 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 security) given
by said railroad company upon some portion of the railroad owned
by it, or given by a railroad oompany (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 wh'ch 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
State 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 period of not less than Ave years next previous to
such investment, in addition to the interest on its funded indebtedness, dividends of not less than four per centum per annum upon its
entire capital stock outstanding; and provided, farther, 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;

;

;

tions, viz:

Boston & Albany Railroad Company,
Boston & Lowell Railroad Company,
Boston <te Maine Railroad Company,
Concord & Montreal Railroad Company,
Fltchburg Railroad Company,
Harlem River & Port Chester Railroad Company,

Maine Central Railroad Company.
New England Railroad Company,
New York & New England Katlroad 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 & Quincy Railroad Company,
Chicago, Milwaukee <fe St. Paul Railway Company,
Ohloago, Rook Island <fe Pacific Railway Company,
Chicago <fe Alton Railroad Company,
Cleveland & Pittsburg Railroad Company,

Lake Shore & Michigan Southern Railway Oompany,
Michigan Central Railroad Company,
Morris & Essex Railroad Company,
New York Central & Hudson River Railroad Company,
Pennsylvania Railroad Company,
St. Paul. Minneapolis <fe 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 Ave years next preceding the date of such investment
shall such railroad corporation have failed regularly and punctually
;

pay the principal at maturity, (or as extended,) and interes-t of all Its
mortgage Indebtedness, ana in addition thereto regularly and punctually to have paid dividends upon all its outstanding capital stock
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 suoh
investment shall be made, but this Act shall not be held to authorize
any investment in the bonds of any oorporatiou operating its railroad
exclusively by any means other than steam as a motive power, or in
the bonds of any street railroad oompany.
to

:

(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
situated in this State, worth double the amount of the loan secured
thereon, provided that any savings bank in the towns of Putnam.
Brooklyn and Killingly 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 land 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.

sm£

34
The subjoined

fk^ti

city suf fitwtm-

1805 and 1806, provide certain
loans— section 1803 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.
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
sections, 1803, 1804,

restrictions with reference to

;

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 the provisions of this section shall be held individually
responsible to the full extent of such loan.

Sec. 1804. No savings bank having more than twenty-live 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 which only one person or firm shall be holden, without
taking additional security for the same equivalent to the guaranty or
indorsement of some other responsible party.
Besides the ordinary safeguards which are in all savings bank laws
there is one of no little importance that ought to aid materially in preventing incautious loans. We refer to the provision 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.
find in
Section 495 of the General Statutes the following liberal provisions
providing 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 instrument 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.

TRUST FUNDS-HOW LOANED OR INVESTED-We

—

BLOOMFIELD.-F.

city of

city is in Fairfield

Bridgeport were consolidated, the city assuming the town's debt.
When Due. Bonded debt Apr.1,'99.. $1,625,000
LOANSLOANS
14,500
Floating debt
City & Funding Bonds—
7s, J&J, $150,000 ...July 1, 1900 Total debt Apr. 1, '99.. 1,639,500
329,824
5s, JtfJ, 150,000
July 1,1908 Sinkingfuod
1 ,309,676
3^s, J&J,125,000
July 1, 1915 Net debt Apr. 1 1<- 99
4s, J&J, 400,000
July 1,1919 Assessed valuat'n 1898.59,877,580
4s
1924 Assessment about actual value.
500,000
$12-90
Tax rate (per$l,000)'99
Court House (Town Bonds)—
1,991,996
4^8, J&J, $150,000.. .Jul? 1, 1910 Value city property
48,856
(Subject to call after July 1, 1900.) Population 1890
67,000
4^8, J&J, $150,000.. June 1, 1918 Population 1899 (est.)
(Subjectto call after J une 1, 1903)
,

BRISTOL.— Harmon
This town

is

LOANS—

4s,
4s,
4s,

Jan. 2,1903
Jan. 2, 1908

J&J, $12,000
J&J, 14.000

J&J,

additional to the town tax. In some instances the schools are in the
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
is

single community.

LOCKWOOD HOTCHKISS, Jr.,
V rvTGlOTVTT A
A1NOU1N1A.
— >FRED
M. DREW, Treasurer.
J

Mayor.

in New Haven County. By an act of the Connecticut
Legislature of 1893 the borough, town and Are district of this name
were consolidated to form the present city.

Ansonia

is

LOANS—

When Due. Demand notes

$5,500
Town of Ansonia Bonds—
Total debt Feb. 1, 1900.... 330,500
4s,g.,J&J,$100,000,g.Jan. 1, 1912 Sinking fund
8,077
Subject to call after. Jan. 1, 1902 Tax valuation 1899
8,048,827
City of Ansonia Bonds—
Assessment about actual value.
4s, g.. M&N, $150,000,g.May 1, '15 Tax rate (per $1,000) 1899 .$11-00
Borough of Ansonia Bonds— Population in 1890 was
10,342
3^8, A&O, $75,000
..1908 Population in 1900 (est.)
14,000
<

;

BETHEL,.
This town

100,000... July 1,1927

High School BondsJ&J, $24,000
Jan. 1,1901
($8,000each5thyr) to Jan. 1,1911
Interest paid at Bristol Nat. Bk.
Bonded debt Jan. 1, '00 $150,000
Is,

Theodore O.
BROOKLYN.—
town
Windham County.
This

is

William

LOANS-

IJ.

Judson, Treasurer

Sept. 15,

't

9.

$28,000

BETHEL. — H.

When Due. TotaldebtAug.

H. Woodman, Treasurer

in Fairfield County.

When Due.
LOANS—
Water- Works Bonds—
6s, M&S, $8,000
Sept. 1, 1903
6s, M&S, 9,000
Sept. 1. 1908
Water Bonds, 1895—

A&O, 15,000
1915, '20, '25
($5,000 due each year on Oct. 1.)
Bonded debt Feb. 1, '00.. $32,000
4s,

I

.

1

420
at

Town

Treasurer's office

Treasurer

is in

When Due. Sinking fund and

LOANS—

May
May

1,1900
4s,
5,0t
1,1905
4s,
4s,
May
1,1910
5,000
7,000
4s,
1,1915
debt Sept. 15, '99. $22,000

Notes, $5,000
"

.

May

11,032
Floatingdebt
Total debt Sept. 15, 1899.. 33,032

$9,431
23,601
Assessed valuation 1898.1,558,686
Assessm't about 65% actual value.
Tax rate (Town) per M.

Net debt Sept.

1 5,

1899
Population 1890
Population 1900

cash..
1899.

.

$1600
2,500
3,500

(est.)...

A. H. Conklin, Auditor
CHATHAM.—
County
town
This

is

in

Middlesex

Tax
Tax

$536,332
valuation, real
valuation, personal.. .224, 372
1899
760,704
4s,
J&J, $40,000.. Jan. 1, 1911 Total valuation
3-75s, J&D, 35,000. .June 1, 1910 Assessm't from a., to % act. value.
3-65s, J&D, 37,000.. June 1, 1909 Tax rate (per $1,000) 9 9.... $25 -00
1,949
Bonded debt Sept. 5, '99. $112,000 Population in 1890 was
cent bonds are
OPTIONAL —Ten thousand dollars of the 4 per
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.

LOANS—

Wlien Due.

Railroad Aid Bonds—

INTEREST

payable at Central National Bank, Middletown, Conn

W. B. Otis,
COLCHESTER.—
New London County.
town
This

is

LOANS—

4s,

M&N,

Treasurer.

situated in

When Due.
$35,000. ...May, 1900, to

($1,000 due yearly)
notes

May, 1934

Town bonds and

$58,000
5,922
Floatingdebt
Totaldebt Sept. 1,1899... 63,922

Tax valuation 1898
Assessment about

$963,780

actual value.
Tax rate (per $1,000) 1900. $18-00
Population in 1890 was
2,988

Population 1899

23

2,500

(est.)

KERR, Mayor.
nAMDTTDV
U r\ I — CHARLES
D
A. IN
MORRIS MEYERS, treasurer,
Danbury situated
Danbury Town,
J

.tS

.

The City of

\

is

Fairfield County.

in

July 1, 190°
(Payable $3,000 semi-an. to 1912.)
J&J, $45,000.
Jan. 1, 1920
4s, J&J, $155,000.... Jan. 1, 1920 4s,
100,000.... July,
1923 Bonded debt Feb., 1900. $610,000
4s, J&J,
Floatingdebt
286,841
Funding Bonds—
4p, M&N. $150,000... 1927 to 1936 Total debt Feo. 1, 1900.. 899,841
($10,000 annually and $50,000 Water debt (inch above). 208,000
Total valuation 1899... 11, 600,000
in 1937, on May 1.)
Assessment is ^ actual value.
Water Bonds—
$600,000
4128, J&J, $28,000. . .July 1, 1900 Value of city property
4^s, J&J, 30,000. . . July 1, 1905 Tax rate (per $1,000) 1899.. .$6-50
Population
July
1910
in
1890
was
16,552
1,
4*as, J&J, 30,000....
Population in 1899 (est.)
20,000
the
improvement
on
bonds
and
on
the
water
bonds
of
INTEREST
1920 is payable at the National Park Bank, New York on all other
bonds at the Importers' & Traders' National Bank, New York.

LOANS—

When Due.

Improvement Bonds—

4s,

J&J, $75,000

. .

.

.

. . .

12, 1899. $62,300
Assessed valuation, real. 1,138,219
4s, M&N, $18,000
1900-1908 Assessedvaluation.per'l.
69,545
($2,000 yearly on May 1.)
Total valuation 1898
1,207,764
4s, A&O, $30,000
Oct. 1, 1919 Assessment about % actual value.
Bonded debt Aug.12, 1899. $48,000 Tax rate (per $1,000) 1898). $15-00
Floating debt
14,300 Population in 1890 was
3,401
INTEREST payable at the Importers' & Traders' Nat. Bank, N. Y.

is

$28,420
Sept. 15, '99.
1,840
Sinking fund
26,580
Net debt Sept. 15, 1 899
Total valuation 18C 9.. .1,263,433
Tax rate (per$1.000) 1899. $10-00
2,628
Population in 890 was

When Due. Total debt

M&M, $28,000.. May 1, 1903 to
May 1,1928

Funded

Pond, Clerk

in

LOANS—

4s,

$103,503

253,503
Total debt
35,753
Sinking funds
Netdebt Jan. 1. 1900.... 217,750
5.672,548
Tax valuation 1899
Assessment is ^ actual value.
'99..
$1000
Town tax (per $1,000)
7,382
Population in 1890 was
Population in 1900 (est.) .. 9,500

.

Funding BONDS-

This borough

Treasurer.

.

in Fairfield County.

is

Payne,

When Due. Floating debt

Funding Bonds—

town

Note. —For debts of minor civil divisions not found among the statements given below, see "Additional Statements" al the end of this Stale.
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. There
are 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 list 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

.

situated in Hartford County.

CANTON.—
J. H. Bidwell,
This
Hartford County.

STATE OF CONNECTICUT

.

,

INTEREST is payable

THE

Clerk.

Bernard Keating, Auditor.
BRIDGEPORT.—
This
County. In 1889-90 the town and

Floating debt
IN

Grunger,

County.
Total valuation 1899
$775,305
Assessment from % to actual value.
Tax rate (per $1,000) '99... $15-00
Tax valuation, real
655,642 Population in 1895 was
1,264
Tax valuation, personal... 119, 663 Population in 1890 was
1,308
INTEREST is payable at the Mechanics' Savings Bank.

Bonded debt

Counties and Towns

L.

This town is situated in Hartford
Bonded debt Oct. 1, 1899..*58,000
Floating debt
7,136
Total debt Oct. 1, 1899
65,136

($3,000 in 1903 and $5,000 in the
years 1908-13-18 23-28.)

Cities,

LXX

Vol.

NTEREST is payable at the

Floating debt
$7,000
Total debt Feb. 1, 1900.
39,000
Tax valuation 1898
1,038,782
Estimated actual value. 2,000,000
Borough tax rate (per$l,000)$5-00
Population in 1890 was
2,335
Population in 1899 (est.).... 3,000

Importers'

.

&

Traders' Nat. Bank, N. Y.

;

DERBY-

EDWARD

J. CONDON, Mayor.
CHARLES E. CLARK, Treasurer.
This city is situated in New Haven County. By enactment

of the
Legislature in 1893 the town of Derby, borough of Birmingham, and
districts
school
of
the
town,
were
under
the
consolidated
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,
borough and school districts were assumed by the city.
When Due. Bonded debt Jan. 1,1900.$194,000
LOANS—
Sewer Bonds—
Floatingdebt
8,956
202,956
3V, g., J&J, $22,000. July 1, 1914 Total debt
(Subj. to call after July 1, 1900.)
Sinking fund and cash..
26,653
Net debt Jan. 1, 1900.
Funding Bonds—
176,303
A&O, $60,000.. Oct. 1, 1908 Interest is payable at Derby.
4s,
4s, g., J&J, 102,000g.July 1, 1914 Tax valuation 1899
. .$5,105,704
Assessment same as actual value.
Lmprovemei>t Bonds—
July
1906
City
tax
(per
4s,
10,000
1,
$1,000) 1899. ..$9-00
Population (local estimate) ..7,500
Subject to call since July 1, 1897.
.

.

.

.

.

. .

Population in 1890 was

5,969

CONNECTICUT- -C1TI£S

1900.

April,

HADDAM.-M,
EAST
Middlesex County.
This town
is

YVatrous, Clerk.

II.

in

When Due. Assessed valuation, pei'l.$3fl6,968
LOANS—
Assessed valuation, real. 681,380
Funding Bonds—
$9,900 ...Jan. 1, 1919 Total valuation 1898... 1,048, 348
3^s
Assessment, about 23 actual value.
Refunding Bonds—
$34,100.. .Jan.

3^28

Bonded debt Jan.

1.

rate (per $1,000) 1898. $1500
Population in 1890 was
2,599

Tax

1919

1, 189.).. $44,000

HARTFORD.—
EAST
town
Hartford County.
This

is

Goodwin,

J. 0.

Clerk.

in

LOANS—

When Due.

Total debt Feb. 1, 1900.. $123,600
Available assets
8,000
Tax valuation 1899
3,016,230
Assessment about ^3 actual value.
Tax rate (per $1,000) 1899.$15-C0

Bridge Bonds—
3-6s, A<fcO, $39,600. . . .Oct. 1
Subject to call after Oct. 1,

,

1919
1899

Bridge and Road Bonds—
A&O, $60,000. Apr. 2, 1904-'24 Population in 1900 (est.)
Bonded debt Feb. 1, 1900 .$99,600 Population in 1890 was

6,700
4,455

4s,

ENFIELD.— J.
This town

is

LOANS—

valuation 1899.. .$2,829,489
Assessment about '-^ actual value.
Tax rate (per $1,000) 1899.. 1500
Population 1890 was
7,199
Population 1880 was
6,755
Population 1899 (estimated). 7,000

May 1, 1904
Nov.l, 1920

Subject to call.
Bonded debt Feb.

1, 1900.$75,000
payable at the Thompsonville Trust Co.

ESSEX.— Thomas D
This town

is

Total debt Sept. 1, 1899. $125,350
Tax valuation 1898
3.264,712
Tax rate (per $1,000) 1899... 1100
Population 1890 was
3,868
Population 1880 was
3,748

$18,000. .July, 1900-1905
4s,...., 4U.000.
Bonded debt Sept. 1, 1899.$58,000
Floating debt
67,350
4s

<

County seats are Bridgeport and Danbury.
When Due. Bond, debt Feb., 1900.
$105,000

Commissioners.

LOANS—

County honds—

Tax valuation 1898. ..130,235,714
1913
1903

,$45,000

Assessment about actual value.
Population in 1890 was
150,081
Population in 1880 was.... 112,042

Subject to call
Jail Bonds—
3*28, J&J, $60,000.. ..July 1,1909
Subject to call after July 1, 1899

GLASTONBURY.—
0.
town
Hartford
is

R.

Morgan,

Hartford "First School District."

&

&

.

Tax

rate 'per $1,000) '99... $1600

Population 1890 wa*

.

400 Population

Floaiing debt

$95,40°

Sinking fund
6, ll 2
Assessed valuation 1899.1,718,711

1903-1928

$95,000

CREENWICH.-James
This town is in Fairfield County.
Town debt 1899
$317,020
Town valuation 1899
8,347,429
13 00
Tax rate (per $1 ,000)
Borough debt 1899
79,067

in

3,457
3.580

1880 was

R Mead,

Treasurer.

Borough valuation '98. $1,781,32.")
Borough tax rate (p $1,000). $9 00
Population in 1890 was
10,133

,$100,000... May 1,1927

When Due.

LOANS—

LOANS—

I

1917

,$100,000

is

I

J.
HUNTINGTON.—
This town
County.

May

1,

1907)

H.

4s, J &D,

When Due.
June

$20,000

1,

1917

Tomlinson, Treasurer.
(P. O. Shelton.)

Fairfield

When Due. Total debt Jan. 1, 1900. $92,000
July 1, 1917 Assessed valuation '98.. 4.01 9, 470
1900. $75,000 Tax rate (per M.) '99 (town). $7-00
4,004
17,000 Population In 1890 was
I

J&J, $75.000

|

Bonded debt Jan.

1,

Floating debt

KILLING LY.-F. T.

Preston, Treasurer
Windham County.
When Due Tax valuation 1898. ...$2,443,763
LOANS—
Funded Loan 1893—
Tax rate (per $1,000) 1898. $15-00
4s, M&N, $74.526
On demand Population 1890 was
7,027
Total debt Jan. 1, 1899.. .$126,048 Population 1880 was
6,921
The funded loan of 1893 is held by the Chelsea Savings Bank, NorThis town

is in

LOANS—

LOANS—

.

$32,247
.

.

MILES B. PRESTON, Mayor.
M A D'TTT-r^DT^
nArt
* r LJlrtLJ. — $c.
STRONG. Treasurer.

,

Interest is payable in Litchfield. Total tax (per$l,000) 1899.. $11-00
Bonds are aU tax free.
Population in 1890 was
3,304
Bonds are all subject to call five years before date of maturity.

MERIDEN.

Interest
est

Rate P(

(Subject to call

1/11

—

/>—

-

— —Principal.

When Due.

ble.

\

J

July

&
&

J

Jan. 1,
Jan. 1,
Jan. 1,
Jan. 1,
Jan. 1,
Jan. 1,

J

J
& J
ft

& J
A J
A J

July

A J
A N

Jan.

&

J

A-

J

.v-

J

Jan.
July
July
July

&

May

J
after July

1,

1,

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

1918
1926
1926
1938
1930
1938
1923
1909
1922
1922
1922
190<»

1918
1918

1,

1896,

—

Oiilstand'g.

$290,000
150,000
150,000
200,000
20,000
200.0f0
75,000
750.000
800,000
270,000
250,000
48,000
475,000
200,000

1908.)

Non-taxable.

on aU of the city bonds

TOTAL DEBT,

is

payable at the city treasury

$3,878,000
233,405

Apr. 1,1899.
$3,960,000
282,211

„. Total debt
Sinking fund
Water debt (Included)

$4,111,405
444,767
7.3,000

$77242,211
380,326
925,000

Fib. 23, 1900.

debt

WEST, Mayor.
Clerk.

CITY OF MERIDEN BONDS.
When Due.
Water Bo»ds— (Cont.)—
Funding Bonds 4s, M&N, $10,000. May 1, 1911

4s,

J&J, $50,000

July 1,1914

4s,

J&J.

50,000. July, 'llto'13

Sewer Bonds—
Bonded debt Dec. 1, '99 $465,000
M&N, $130,0' O.May l,'00to'12 Floating debt
83.COO
M&N,
5,000.. ..May 1,1913 Total debt Dec. 1, 1899.
548,000
Water Bonds—
Assessed valuation '99 12,124,377
3»2S, J&D, $20,000
June. 1900 Tax rate (per $1,000) '99... $950
4s, M&N, 200,000. Mayl.'Olto'lO Population in 1890 was
21,652
TOWN OF MERIDEN BONDS.— Herman Hess, Town Clerk.
4s.
4s,

LOANS—

When Due. Bonded

Funding Bonds -

4J38,M&N,$130,00<\May, 1900'12

MAN,

80,OOO..May, 1900-07

—a

M&N,

debt, Sept. 1,'99. $250,000

Floating debt
58,900
Consolidation of schools.
37,784
Total debt S>-pt., 1899.... 346,684
Asses8ed^aluat•n•98 $16,610,510
Tax rate (per $1,000) '98. $1050
25.423
Population in 1890 was

40,000.May,1908-'ll
INTEREST on the city's water and sewer and funding bonds is
payable at the Importers' & Traders' National Bank, New York on
the improvement bonds at the Fourth National Bank, New York.
;

MIDDLETOWN.-jSS&Vsto^.'&SSS:
Middletown 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

4s,
4s,
4s,

A&O, $25,000
M&N, 25.000
A&O, 25.000

Apr. 1,1898
$3,960,000
121,455
$4,081,455
313,732
925,000

WATLR rtONDS—
1,1909 4s, M&N, $20,000.... May

Oct.

Nov.

Oct.
(Subject to oall after Oct.

1, 1914
1, 1914
1, 1904)

Municipal Building—
4 s,

M&N, $36,000

(9ubject to call after

8ewer Bonds—

fs,
4s,
4s,

May

l™"» Due.

LOANS-

When Due.
Funding Debt Bonds—

1,

If 05)

F&A,
65s J&J,

4s,

1.

1908

20,000. .Feb. ,'00 to '09

55,i 00.... July 1, 1915
3
4s.J&J, 210,000... July 1, 1922
Bonded debt Jan. 1, "98. $5v 6,000
Water debt (included) ... 299 000
l4.4 5
*'ater tinking fund
Assessed valuation '97.. 6. 201.743
fc

J&D, $53,000 ...Deo. 1,1901 City tax rate (per M.) 98.. ..$9-00
M&S. 28,000.Mar.l,'04to'17 Population in 1S90 was
9,018

MAN,

Population In 1897

35.000

(Subject to call after

May

1,

(est 1...

12.000

1905)

TOWN OF MIDDLETOWN DEBT.— W.
Railroad Bonds—

C.

Howard, Town

Bonded debt Jan.

1, '98..

Clerk.

^804.000

F&A, $244,000. Aug. 1, 1910
J&J,
160,000 Jan ,'01 to OS
365s J&D.340, 0O...Junel, L909

Assessed valuation '99. .9,854,021
15,205
Population in 1880 was
Population in 1S97 (eat)... 18,000

MILFORD.— Richard

R.

4s,
4s.

This town

ETC.—

Floating debt

E.

HESS, City

CITY OF MIDDLETOWN DEBT.

The town and city of Hartford wore consolidated on April
and their debts are no longer reported separately.
Funding bonds
1893 4g, J
Park improvement.. 1896 S^.g. J
do
1898 3>3.g,J
Paving bonds. 1898-1899 3^,g,J
do
1899 3^ J
Municipal bonds.... c 98 3>«,g, J
Police department.. 1898 3»«.g, J
Consolidated bonds*.1889 3
J
Refunding bonds
1897 3>sg, J
do
do
....1897 3iag, M
Improvement bonds. 1897 3>sg, J
Water
1892 5
J
do
1893 4g. J
do (Reservoir)... 1893 4g. J

I

LOANS—

C.

tJAME AND PURPOSE.

EDWARD
HERMAN

5

LOANS—

5

.

.

Railroad BondsIs, J&D, $20.000
On deman Tax valuation, real
2,318,068
4s, J&D, 20,000
June 1, 1901 Tax valuation, personaL 541,463
6s, J&D, 20,000
June 1 1906 Total valuation 1899.. ..2,859,531
6s, J&D, 20,000
June 1,1911 Assessment about actual value.

48,

Total debt Sept. 1. 1899..
92,247
4s, M&N, $40,000
May 1, 1901 Total valuation 189 )
.2,300,000
($5,000 biennially) to May 1,1915 Assessm't from 12 to 13 aot'l value.
4s, M&N, $20,000
May 1, 1908 Total tax (per $1,000) 1899.$1500
Bonded debt Sept. 1, 1899.$t0,000 Population 1890 was
5,539
INTEREST on the 6s is paid by the Mystic River National Bank at
Mystic; on the 4s by the Town Treasurer.

LOANS—

M. Woodruff, Treasurer.

county seat of Litchfield County.
WlienDue, Floating debt, 4ig & 5s
$14,000
Total debt Fen. 10, 1900
94,000

Litchfield Village is the

Town Bonds— f*^

Clerk

When Due. Floating debt

Refunding—

LITCHFIELD.— G.

4p,

in

_.,
Total bonded

(Subject to call after

Burt, Treasurer.

High School Bonds—

Nelson Morgan,
GROTON.—
Groton
New Loudon County

INTEREST

— George C.

Chairman of Commissioners.
When Due.
LOANS—

Bailey,

$61.010 45.

Treat*

Total debt 8ept. 15, '99..

20 years
($15,001) in 5. 10. 15
$35,000 in 30 years.)
Bonded debt $ept. 15, '99 $95,000

is

School tax (average $3 per $1,000) additional.
1890 the population of Hartford was 53,230
la 1880 it was 42.553; 1899 estimated at 77.000.

The town and city of Meriden are situated in New Haven County.
During th« year 1896 the towu of Meriden voted to consolidate the
schools and assume the debt of all the school districts, amounting to

County.

in

Funding Bonds—
48.J&J,

20-50

\

JOHN H. LEIGHT. Treasurer.
FAIRFIELD CO.— (HENRY
LEE, Secretary County

This

2050

in Fairfield

LO A N S—
Town Bonds—

..8,

17-00
20-50

47,225,324
46,220,364
47,347,471

wich, 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.

Sherwood, Treasurer

P.

County.
When Due.

•1700

53,211, 6-51

POPULATION.— In

4s,

in

FAIRFIELD.— F.

Tax Rate
•$17-50
•17-00

Total.

$63,859,723
61,331,248
55,634,183

•

LOANS—

Coulter, Clerk

,

This town

1388

is in

Middlesex County.
When Due. Tax valuation 1899
$1,050,105
LOANS—
Assessment is 23 actual value.
Refunding Railroad Bonds—
Tax
(per
rate
1899.
$1,000)
$1500
3-65s, A&O, $43,000
Population 1890 was
2.035
Macadam Notes—
Population
(estimated)
1899
2,300
--,
$8,000
Net debt Sept. 1, 1899
$51,000
INTEREST la payable at the Essex Savings Bank.
TAX FREE.— All bonds are exempt from taxation.
is

Personal Property.
$17,594,593
17,267,100
16,163,055
16,403,193
16,629,086
16,048,479
19,500,122

Real Estate.
$46,265,130
44,064,148
39,471,428
36,808,488
30,596,238
30,171,885
27,847,349

1898
1897
1896
1895
1890
1889

Hartford "Arsenal School District." — G.

When Due. Ass'd

M&N, $50,000
M&N, 25,000

INTEREST

ASSESSED VALUATION AND TAX RATETears.

in Hartford County.

Town Bonds—
4s,
48,

WATER DEPARTMENT

4s,

K. Bissland, Treasurer

35

TOWjNS,

is self sustaining, raising from water
rents $30,000 to $40,000 each year above interest on its bonds and all
ordinary expenses.

24,000

Floating debt

WV

is

LOANS—

in

New Haven

Town Bonds—

5s, $3,000
4s, J&J, $29,900
Jan. 1,1915
4s, $45,600
Treasurer's
Int. payable at
office.

Bonded debt Sept

Hepburn,

Clerk.

County.
When Due. Floating debt
Total debt Sop'. 22. 1899

22, '9

»

978,500

$?,262
80,762
16,714
Assets
1899..
64.048
debt
Not
Sept 22,
1.751.123
Tax valuation 1899
Tax rate (per 81,000) '99... $15-00
3,811
Population In 1890 ma

ST^TE AND CITY SUfftEMtWT.

3<>

NAUGATUCK..—
George
This borough

Wig more,

T.

Treas.

New Haven

County.
When Due. Total debt Mar. 1, 1900.. $215,000
LOANS—
$33,000
Mar. 1, 1907 Tax valuation 1899
4s
6,929,273
Refunding Bonds—
Tax rate (per $1,000) 1899. $1300
4s, A&O, $100,000... April 1, 1912 Population in 1890 was
6,218
Bonded debt Mar., 19u0.. $135,000 Population in 1900(est.)... 11,500
Floating debt
80,000
is

W

KJT7WT
INH

in

C. WEBSTER, Mayor.
IT A1JN.
A
— \b.MORRIS
\\. CLARK, Treasurer.

T3T3 1
JrJirtl

I

rvl

J

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
:

loans-

Wlieti

city BONDS4s, J&J, $15,000

LOANS-

Due.

When Due.

Water Bonds—
J&J, $30,000
J&J, 20,000
F&A,200,000

July 17, 1908
... Mar. 12, 1909
4s,
School Bonds —
Aug. 1, 1918
Part yearly 4s,
4s, J&J, $160,000
Optional after Aug. 1, 1908
Sewer Bonds—
July 1, 1913 4s, F&A, $250,000. ...July 1, 1937
4s,
,$15,000
4s, F&A, 100,000... .Aug. 1,1918 Notes, 3^8, 42,000. Aug., 1900-04
35,000. . . .July 1,1913 Bond, debt Apr.1,1900.. $1,004,500
3s, J&J,
56,134
4s, F&A, 1 00,000 .... Aug. 1, 1925 Sinking funds
918,366
(Subject to call after Aug.1,1910) Net debt Apr. 1, 1900..
3i«8, J&J, $150,000. ..July 1, 1929 Assessed valuation, '99. 9,775,054

July 1,1913

Tax

Street Bonds—

$23v0

rate (per M), 1899

Aug. 1,1925

$50,000

4s,

4s,

Town of New Britain Debt—August Voigt, Treas.
Park bonis, 1904-'24
$75,000 Sinking fund assets....
$12,825
,

Fundlngbonds.Jan.l, 1911.100,000 Assessed valuat'n,'99. 10,501,187
$12-50
School bonds, 1900-'28.. ..145,000 Tax rate (per M> 1899
1 9,007
do
do 3i?8,1914-'29. 50,000 Population, 1 890
Bonded debt, Dec. 1, 1899. .370,000

CANAAN.— Francis
NEW
New
Canaan

is

When Due.
LOANS—
Funding Bonds—
M&8, $100,000 Sept.15,1929
Bonded debt, Feb. 1, 1900.$100,00
Tax valuation, real
1,774,718
3*28.

M. Bliss, Treas.

in Fairfield County.

Tax

valuation, personal. $208,221
Total valuation 1899.... 1,982,939
Assessment about *„ actual value.
Total tax (per $1,000) '99.. $10-00
Population in 1890 was
2,701
payable at the U. S. Mortgage & Tr. Co., N. Y. City.
'

INTEREST

NEW

is

HAVEN-

C. T.
!J. N.
;

New Haven
4s, $25,000

DRISCOLL, Mayor.

ROWE,

4s,

40,000

Library Bonds*—
1,1914 4s, J&J, $100,000. ..Jan.

&

'16

Boulevard sewerage—
3*28, J&D, $175,000.. June, '02-'08
P*ving Bonds—
4b,

City Bonds

$250,000. Oct.l, 1901. to Oct.

1916 ($62,500 due every 5

1,

y'rs)

1,-'10-'19

Sewkragk—
A&O, t$250,000.. Oct. 1, 19 ">1
A&O, 400,000. Apr. 1, 1910,

City
7s,
4s,

.

to Apr.1,1925 ($25,00odueyrly).
4s, J&D, 100,000
.1926 to 1929
3v»s, F&A, 75,000 ..Feb. 1, '00 'Oi
.

Temp'ry loans duel900.$l ,030,000
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
3*2 J & J
July 1, 1909
200.000
Subject to call after July 1, 1899
Parkbonds
1890 3^ J & J
1940
100,000
Subject to call 1910
do do
4
100,000
Quinipiac bridge
4
1902
25,000

M&N

War loan
* Exempt from taxation.

M&N
Subject to

call.

6

18,200

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—
4s, F&A, $230,000
1909-19 .0 4s, F&A, 75.000
1925-1928
($20,000 yearly on Aug. 1.)
M&N,
4s,
125,000
1929-1934
PAR VALUE OF BONDS.—The bonds are all for $1,000 each
except the town war bonds, part of which are for $200 and $500.
INTEREST on all issues is paid at the City Treasury, except that
Interest on the school district bonds is payable at the New Haven
County National Bank at present.
t

in

;

County seat

LOANS—

Total bonded debt of city
Floating debt

0cM.'98,

$1,415,000
231,029

$1,430,000

$1,445,000
32,336

Total debt city
Sinking fund

$1,646,029
216,383

$1,430,000
204,584

$1,477,336
188,937

Net debt.
Total bonded debt of town

$1,429,646
$1,003,200

Floating debt

$1,225,416
$1,003,200
166,029

$1,288,399
$1,006,200
166,029

Total town debt
$1,003,200
Total debt of School District.. $500,000
Floating debt
230,000

$1,169,229
$500,000
230,000

$1,172,229

Total debt of School District. $730,000
Total indebtedness of consolidated oity
$3,162,846

$730,000

$844,012

C G- BECKWITH. Mayor.
T 0"Nrnr>l\T$
J_,^J1N
U<^1N I JOHN
MbGINLEY, Treasurer.
The town and city are under one government and the following
statement includes both.
-

IN H,

LOANSAnnexation Bonds -

Sewer Bonds— (Con.)

When Due.

3 »28, J&J, $35.000

Water Bonds—

1911
1919-

4s,

1918

M&tf, $25,000

School Bonds—
4s, J&J,
4s, J4J.
4s, J&J,
4s. J&.l,

1,
1,

4s,
J&J, $116.000...
1919
1924
60,000....
3 Hjs, J&J. 225,000... Jan. 1, 1920
Bonded debt Autr. 1 '99 $81 1 ,000

Park Bonds—

4s,

July
July

a^s J&J, 20.000

$11,500. .. 1919
Floating Debt Bonds—
Jan. 1, 1905
7s. J&J, $100,000
3*28

,

Waterdebt

1919
1920
1924
1925

$21,000
63,000
40,000
60,000

426,000

(included)

Assessed valuation '98. 9,676,981
Assessment about 23 actual value.

Tax

rate (per $1,000)

1898.$1600

Sewer Bonds—

Population 189<
13.757
Population 1899 (est.)
1917
4s, J&J, $10,0U0
18,000
INTEREST on the bonds is payable at the office of the Treasurer.

NORWALK

-,wj.i yt ^r^j-is.^.

GLOVER,

( C. L.

Mayor.

}H. D. PRICE, City Treasurer.

^HERBERT

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.

When Due. Sinking fund assets
$25,680
LOANS—
Net debt, Feb. 1, 1900.... 381,311
Funding Bonds—
3*28, A&O,
$300,000Oct. 1, 1919 Tax valuation 1898. ..$14,043,806Town bonds, 100,000
1921 Tax rate (per $1,000) '98.. ..$7-00
B mded debt Feb. 1,1900. $400,000 Population 1900 (est.)
22,000
Floating debt
10,"00 Population 1890 was
17,747
Total debt Feb.

1930... 410,000

1,

Citv Debt, Valuation, Etc
When Due.
Water Bonds—

4s,g.,J&J, $50,000.... May 1,1935
Bond, debt Mar. 1, 1900.. $500,000

Refunding Funded Debt—
3138,

J&J, $50,000... July 1,1929

Floating debt
Total debt
Sinking funds and cash.
Net debt Mar. 1, 1900. .
Water debt (incl)

Subject to call after Jan., 1919.

Sewer Bonds—
4s,
4s,

July 1,1907
July 1,1908

J&J, $75,000
J&J, 75,000

14,600
514.60O
43,931
470,669
250,000

.

. .

Refunding Water Bonds—

Tax valuafn 1899

J&J, $200,000. July 1, '29
Subjectto call after Jan. 1919.

5,074,438
Assessm't about »io actual value
City tax (per $1,000) 1900.. $80O

,

Municipal Purposes-

J&J, $50,000, g..May 1, 1935
on the gold bonds due in 1935 is payable at American
Exchange National Bank; other interest payable in Norwalk.
4s, g.,

INTEREST

NORWICH-H.
W.
New London
Norwich

Tibbits, Treasurer.

County. The city and town have separate
governments, keep separate accounts and have separate debts.
in

is

LOANS—

Interest.

NAME AND PURPOSE.
City of Norwich Debt.
City debt bonds,

ref.,

1883

Courthouse
Funding bonds
Sinking fund bonds

—

Rate. Payable.
....

A

O

Oct.

J
3*2 J
5
A

J

Jan.

4
7

of 1877.
do
do 1878... 5
Water fund bonds 1890
5
do
do
5
3*2
Refunding water bonds
.

.

-Principal.Outstand'g.

When Due.

D June
O

A
O
J
J
A& o
J & J

Apr.
Apr.
Jan.

1,
1,
1,
1,
1,
1,
1,
1.

1913
1905
1925
1907
1908
1910
1908
1923

$125,000*

164.000
166,000
160,000
50,000-

50,000
April
100,000
150.00O
Jan.
Town of Norwich Debt Oct. 1, '99— Sam'l H. Freeman, Treasurer
semi-an.
1905
160,000
Court house bonds
7
1913
Refunding town debt bonds... 3^8 A & O
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.
INTER EST on city bonds is paid by city treasurer, and in some oases
in Boston also.
TOTAL DEBT.— For a series of yeais city's debt has been
:

May

Total bonded debt of city

15,'98.

$965,000

May

15,'97.

May

$965,000

15,'95.

$799,000

Certificates outstanding

165,431

$965,000
7,562

$965,000
4,233

$964,431

Dec. 13, '97.

$500,000
344,012

$3,124,645
$3,304,640
valuation and tax
rate have been approximately as follows, real estate being taken at
" about 51 per cent actual value:"
Total
Rate of Tax
Total
Rate of Tax
Valuation. per $1,000. Tears.
Tears.
Valuation. per $1,000.
1899
$66,041,453
$21 00
1895
$53,800,000
$21-00
lf-98
62,159,080
18 00
1893
54,500,000
2100
24-00
1897
57,683,452
1891
19-50
51,995,329
22-50
1896
56,000,000
1890
19-50
52,171,131
The Grand List does not include property estimated as follows on
October 1, 1899
Yale College, estimated at
$6,500,000
School-houses, estimated with contents and land
1,500,517
Churches and institutions
2,1 50,000
State, county, town and city publi" property
850,000
Railroad property and other lawtul exemptions
2,800.000
Total
.$13,800,517
city's assessed

Bond, debt Feb., 1900.
$140,000
.162,297,142
Population in 1890 was. ..209,058-

Balance in treasury

Ocl.l, '99.

in

Tax valuation 1898

3 128,g.,M&.V,$140,000,g.Nov.l,'l5
Optional at 2 per cent premium.

NrFW
W

;

-Hiram Jacobs, Treasurer.

Haven.
When Due.

is

LXX

1890 population of the citv was 85,981
1899 it was estimated at 110,000.

Total

TOTAL DEBT, SINKING FUND, Etc-

ASSESSED VALUATION.—The

was 62,882

NEW HAVEN
CO.New

3*28, g

When Due.
Oct.
Oct. '15

it

LOANS—

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, 1 897, under one government, and the
city assumes the assets and liabilities of the other two governments.

Bridge Bonds—

POPULATION.— In

1880

Vol.

Netdebt
$960,767
$957,438
Water debt included above
$366 000
$366,000
The sinking fund receives yearly ^ mill on city and town list.
CITY PROPERTY.—The city owned property in 1898 valued at

This included buildings, lire department, etc. as well aswater works, which were held at $800,000. In the year 1897-98 the
regular receipts of the waterworks were $51,929 25; expenditures
$21,303 24.
ASSESSED VALUATION.— Property assessed " at % cash value.'
$1,073,995.

,

Real

Personal

Estate.

Property.

Total.

per $1000.

$11,519,558
11,073,162
11,054,561
8,062,744
7,981,334
7,857,924
7,826.459
7,438,097

$2,398,960

$13,918,518

$1000

Tears.

1898
1895
1894
1893
1892
1891
1890
1880

Oily Tax.

1000
13,831,099
2,757,9 i7
1000
2,694,350
13,748,911
1000
1,999,476
10,062,220
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 1898 was $13,940,553; tax rate (per $1,000)
1898, $650, this being additional to city tax as above given.
POPULATION.—In 1890 population of city was 16,156; in I88O
15,112. Population of town 1890, 23,048; 1880,21,143.
/~n=> a -nt/^c
*-'i~t.A-iNL*lli.

This town

is

in

—

5

j

WALTER

JAMES

C.

A.

MAIN,

HYDE,

1st Selectman.
Treasurer.

New Haven County.

LOANS—

When Due. Tax valuation 1899
$3,482,952:
Funding Bonds (Gold)—
Assessment is *2 actual value.

J&J, $100,000 g.Jan. 1, 1916 Town tax (per $1,000) '99.. $10-00Population in 1890 was
4,537
1, 1900.$100,000
Floating debt
40,000 Population in 1880 was
3,341
8.00O
Total debt Jan. 1, 1900 .. 140,000 Population 1900 (est.)
4s,g,

Bonded debt Jan.

CONNECTICUT— OiTIES

April, 1900.

PLAINFIELD.— S.
This town

is

This city

LOANS—

M&N.
M&N,

$25,000
Floating debt
55,000
Total debt Feb. 1 1900.
1,962,520
Tax valuation 1899
.13-00
1899.
Tax rate (per $1,000)
4,582
Population 1890

$5,000
25,000. . .1906 to 1926
($5,000 every fifth year.)
Bonded debt Feb. 1, 1900. $30,000

4s,
4s,

,

.

INTEREST

.

payable at the Nat. Tradesmen's Bank,

is

New Haven

PORTLAND.— Robert

S. Mitchell, Clerk.
Middlesex County.
When Due. Bonded debt Feb., 1900. $275,000
LOANS—
Tax valuation 1899
1,705,265
Refunding Bonds—
4s, M&N, $100,000 ...Nov. 1, 1905 Assessment about 23 actual value.
3-65s, J&J, $85,000. .July 1, 1909 Total t:iA (per $1,000) '99.. $20-00
Population in 1890 was
4,687
3*28, J&J, 90,000
Interest payable at Town Treas'y.
TAX FREE.- -The bonds of the town are exempt from taxation

Portland

is

in

.

PRESTON.— Charles
This town

is

New London

in

II.

When Due. Tax

LOANS—

Barnes, Treasurer.
valuation, personal. $63,922

War and Bridge Bonds—

Total valuation 1897
879,490
937,181
1900 Tax valuation 1898
Assessment about 23 actual value.
1, 1906
4s,
Total debt Jan. 1, 1900.... $90,000 Total tax (per $1,000) '99.. .$16-00
2,555
815,568 Population in 1890 was
Tax valuation, real
National
Bank,
Norwich,
Cohd.
Second
payable
the
is
at
INTEREST

<Ss,

July
Apr.

J&J, $50,000
J&J, 40,000

PUTNAM.— F.
This town

is

in

W. Seward,

debt.

Tax

I

Floating debt Oct., 1899. $75,000
3,181,378
Tax valuation 1899
Assessment abt. 60% actual value.

Treasurer.

|

I

rate (per $1,000) '99

Populationin 1890 was
Population in 1900 (est.)

$800
6,512
8,000

|

CITY INDEBTEDNESS-L. H. Fuller. Mayor.
Total debt Aug. 1. '99
$35 000
Street Impt. Bonds—
Total valuation 1899.. -.3,100,000
-3»«s, J&J, $20,000.... July 1, 1929
6-50
Bonded debt Aug. 1, '99... $20,000 City tax (per M.) '99
I

|

l

15,000

Floating debt

R1DGEFIELD.— II.
This town

|

Population 1899

7,500

(est.)

K. Scott, Clerk.

Fairtteld County.

is in

When Due. Total debt Sept. 1, 1899... $66,610
Sinking fund assets
2,000
Funding Bonds—
$1,840,589
3^8, F&A, $60,000... Auz. 1, 1929 Tax valuation 1899

LOANS—

(Subject to call after Aug. 1, 1917.) Total tax (per $1,000) 1899.11-00
2,500
Bonded debt Sept. 1, 1899. $60,000 Population 1899 (est.)
2,235
6,610 Population 1890
Floating debt

ROCKVILLE.- Frank Grant,
This City

LOANS—

4s,

Treasurer.

When Due.

Tot. bond, debt Dec. 1 '99.$140,000
Interest payable at Treas'r's office.

Jan. 1,1925
Optional after Jan. 1, 1^00.

Assessed valuation '99. $6 ,660,000
Assessm't in '98 about full value.
Tax rate (per $1,000) 1899. $3000

J&J, $50,000

July

J&J, $90,000

1,

1927

SIMSBURY.-A.
This town

is

in

8. Chapman, Treasurer.
Hartford County.

When Due. Total debt Jan. 1 1 900. $30,000
Tax valuation 1899
1,563,527

LOANS—

,

Railroad Bonds—
4s,

J

&

May
Nov.

May
Nov.

J&J, 50,000

July

1,
1,
1,
1,
1.

M&N,

Floating debt
95,000
Total debt Keb. 1, ) 900
220,000
Sinking fund
20,500
Net debt Feb. 1. 1900..
199,500
Tax valuation 1899
id,000,000
Assessment abt. 75% actual value
L899 was $8-00 in one district, $6-50
The population in 1899 was esti-

1901
1901

1906
1906
1914
1914

Nov. I,
25,000
The city's tax rate (per $1,000) in
in another and $<-o0 in the third,

mated

at 20,000.

STAMFORD
This town

is

— W.

(Town).

LOANS—

Feb., 190O. $'40,000
Floating debt
101, 00
Total debt
441,000
Sinking funds
67,300
Net debt Feb. 1, 1900.... 373,700
Tax valuation 1899
13,000,000
Assessment about "5 actual value.
Town tax (per $1,000) '99. $12-00
Population in 1890 was
15,700
Populationin 1899 (est.)... 20,000
<

Oct 1, 1910
$94,000
Schools and Bridges, 1893Aug. 1, 1923
4s, F&A, $96,000
4s, A<fcO,

High School—
F&A, $75,000.. Aug.
is

1, 1914-24
payable in Stamford.

Funding Bonds—
4s,

F&A,

Tr.

,

When Due. Bonded debt

Town Hall, 1890—

Interest

WATERBii:

F.

in Fairfleld County.

$75,000g....Feb.

1,

1927

.

1,1900 Assessment about

J.. $18,000. July

STONINGTON.-K.

23 actual value.
Total tax (per $1,000) 1900.$14-00
Population in 1890 was
1,874
Population in 1900 (est.)
2,000

($2,000 yearly) to July 1, 1908
4s, J & J. ..$4, 000.. July 1, 1909
Bonded debt Jan 1, 1900. .$22,000
Floating debt
8,000

Treas.

.

SUFFIELD.— Wm.
This town

is

in

L. Loomis, Clerk

Hartford County.
Total debt Dpc 11,1899. $71,610
Assessed valuation 1900.2,500,000
Tax rate (per $1,000) 1900.$12-50
Population 1890
3,169
Population 1898 (est.)
3,200

LOANS-

Town note, 6%
Town notes, 4^%
Town notes, 5%
Town notes, 4%
Town notes, 4 W/o

$5,495
38,ll->

7,000
5,000
16,000

THOMASTON.—
Frank
town
This

is

LOANS—

Town Hall Bonds—
4b,

W. Etheridge, Clerk

in Litchfield County.

J&D, $50,000

Tax valuation, real .. $1,034,475
Tax valuation, personal 507,357
Tax
valuation 1898
1904
1,541,832

When Due.

Dec.

1,

Bonded debt Jan.

1,

Assessment ^ to ^ actual value.
Total tax (per $1,000) '99. $15-00
Population in 1890 was
3,278
Populationin 1900 (est.)
3.400

Floating debt
Total debt Jan.

1900.... 75,000

1,

nrr^D
to Tis.Tr"
1 LJL-eJrtirMvj-

1900. $50,000
25,000

.

I*AAC W. BROOKS,
thm — jwji.W.
BIERCK,
1 L->]N.

Treasurer.
Clerk.

5

This town is in Litchfield County.
debt Feb. 1, 1900. $122,000
valuation 1899. .6,924,000
tax (per $1,000) '99. .$12-00
Population in 1890 was
6,048
Population 1900 (est.)
13,000

Town
Town
Town

'

. .

Borough debtFeb. 1,19 0. $61,650
Borough assessm't '99. .5,331 ,944
Borough tax (per$l,000) '99. $5-00
Population 1900 (est.)
10,000
Populationin 1890 was
4,283

VERNON.—
F. B. Skinner,
town
County
This

is

in Tolland

Treasurer.

(P. O. Rockville.)

tax exempt

Railroad bonds are

!F7te» Due. Bonded debt Jan.l. 1900.$235.000
LOANS—
Floating debt
54,000
J&J, $60,000
July 1. 1906 Total debt Jan. 1. 1900... 289,000
Memorial Hall, 1889—
Tax valuation 1899
6,890,298
3*28, M&N, $125,000. Nov. 1, 1919 Assessment about h actual value.
(Optional after Nov. 1,1899.) Town tax (per $1,000) '99.. .$7-00
High School, 1892—
Population in 1890 was
8,808
..., J&J, $50,000
July 1,1922 Population in 1900 (est.). ...9,000
INTEREST is payable at the Town Treasurer's office.
I

Railroad Bonds 1896—

TAX FREE.— All bonds issued by this town are exempt from taxation.

Hockley, Town

B.

Stonington is in New London County. The debts of both town and
borough are given below.
When Due. Tax valuation 1899
$2,724,212
LOANS—
Tax rate (per $1,000) 1899... 12-50
Town Debt, Etc.
Population (local est.) 1899.. 8,000
War Bonds—
1902 Population 1890 was
4s,
$28,000
7,184
'99
Borough Debt, Etc.
Bonded debt Sept. 7,
$28,000
Floating debt
24,303 Total debt Feb. 1, 1900... $30,000
52,3o3 Tax valuation 1900
Total debt
592,110
13,1^0 Boro'gh tax (per $1,000)'99.$1000
Cash on hand and taxes.
Population
1899...
39,123
1899
(estimated).
Net debt Sept. 7,
2,000

,

Sewek Bonds—
4s,

Interest payable at Stamford.
Feb., 1900 $125,000

Bonded debt

Interest payable at Treas'r's office.

Tolland County.

is in

When Due.

I,

Windham County.

The town has no bonded

LOANS—

4s,

County.

(City).— H. V. Riker, Treasurer.

in Fairfleld County.

is

Sewer Bonds—
4s, M&N. $5,000
4s, M&N, 20,000
4s, M&N, 5,000
4s, M&N, 20,000
4p,
4s,

37

TOWNS,

STAMFORD

Adams, Treasurer.

L.

Windham County
When Due.

in

AW

I

3s.

|

I

INTEREST

is

payable at the Hartford National Bank.

I

j

SOUTH1NGTON.— E. G.
This town

is

in

Lewis, Treasurer

|

Hartford County.

LOANS—

When Due. Assessed valuat'n, real $1,700,476
1907-1927 Assessed val't'n, pers'l.. 935,256
J&J, $90,000
Total valuation 1899. ...2,635,723
($30,000 due everv 10 years.)
Total debt Feb. 1, 1900.
$90,000 Assessment 60% actual value.
Sinkingfund
10,184 Tax rate (per$1.000> 1899. $18-50
Net debt Feb. 1,1900...
79,816 Population 1900 (est.)
«,000
Water debt (included)
15,000 Population 1890
5,501
4s,

.

.

SO.

. .

NORWALK.

This city

is

in

Dr. C. G. BOHANNAN, Mayor.
\ Dr. H. C. SHEVEN, Ch. F. Com.
Norwalk Town, Fairfield County.

LOANS-

4s,

.,$20,000

1,

1928

,$5,000

Apr.

1,

1928

1,

1913

Refunding Bonds—
4s,

J&J, $90,000

July

(Subject to call 1903.)

4s,
4s,
4s,

J&J, $40,000
J&J,
9,000
J&J, 52,000
J&J,
9,000

July
July
July
July

1
1,

1,
1,

1905
1900
1909
1910

INTEREST on refunding bonds
on water bonds in Now York.

SPRAGUE.This town

is in

LOANS—

J&J, $12,500
Apr. 1, 1910
4s,J&J, 47,500
Apr. 1,1911
July 1,1925
48.J&J, 30,000
Bonded debt Jan., 1900.. $315,000
Floating debt
33,500
Total debt Jan. 11, 1900 348,500
Water debt (included)
200,000
Assessed valuation '99.-5,000,00
Assessment about actual value.
City & town tax (per M.)'99.$1350
Populationin 1899 (est.)... 7,500
Pop. of town in 1890 was. ..17,747
.

Water Bonds—
€s,

Water BoNDS-(Con)—
4s,

Apr.

Library Bonds—
4s,

5

When Due.

Electric Light Bonds—

is

payable

in

.

South Norwalk and

Peter S Cote, Treasurer.

New London
When

County.

Net debt Sept. 15, 1899 ...$49,815
Town Bonds—
Town has no water debt.
6s, Mar., $45,000.... Mar. 27, 1906 Tax valuation 1898
605,946
Bondeddebt Sept. 15, 1899.$45,000 Assessment about 23 actual value.
Floating debt
17,700 Total tax (per $1,000) '98... 15 00
Total debt
62,700 Population 1890
1,106
Sinking funds
12,885 Population 1895 (estimated). 1,006
INTEREST is payable at Merchants' Nntional Bank, Norwioh, Conn
due.

|

W ATT TMC^FTOR

r»
AL-J-llNLx-t* (JiriU.

The town and borough

TO WN

of Wallingford

is

Treas.
Boro. Treas.

-

situated in

New Haven Co.

BOROUGH DEBT.

Water Bonds—

1927

Refunding Bonds—

4s,

M&N,

$60,000. 1900 to 1929
Town debt Jan. 1, 1900. $90,000
Assess'd val'n, town, '99 3,962.838
Town tax (per $1,000) '99... $700
Population town 1890
6,584
Population town '99 (est). ..8,000
3-65s,

-

$

DEBT—

$30,000

4s,

WM H NEWTON, Town
— ^CJAS.
N.JONES,
J&J, $175,000

1903-1915

Sewer bonds 4s
$25,000
fmnrovement bonds 4s..
45,000
Electric light 3 ks
45,000
Borough bonded debt
Jan. 1, 1900
340,000
Sinkingfund
6,000

.

.

Funding Bonds —

Asses'd valu'n Koro. 99. .2,879,091
7-50
rate (per $1,000), '99
Population in 1890
4,230
Population in 1S99
6,500
INTEREST on the water bonds of Wallingford Borough is payable
at the First National Bank of Wallingford.
3*28,

M&N. $50,000 Nov. 15,1929 Tax

.

Wallingford Central School District— W. B.
Newton, Treasurer.
When Due. Bonded debt Feb. 1, 1900. .$93,000
LOANSI

$18,000
1904
40,000
1927
35,000
....1901-1919
($3,000duein odd years to 1917.)

4s
4s
3i*e

Assessed valuation 1899.2,900,000
|

I

|

Assessment

Tax

Population 1899

WASHINGTON.—
Wm.
town
This

is

LOANS—

in Litchfield

Railroad Bonds—

** actual value.
rate (per $1,000) 1899. .$6-50

II.

(est.)

6,500

Fowlkr, Treasurer.

County.

WhanDua. Total debt Sept. 15, 1890. $39,764
I

I

Tax valuation '99

1,065,618

Assessment same as actual value.
Tax rate (per $1,000) '99... $15-00
Bonded debt Sept,15,1899.$34,000 Population in 1S90 was
1,633
Floating debt
5,764 Population 1900 (est.)
2,000
INTEREST payable at Connecticut Savings Bank, New Haven.
J&J, 34,000
1900-1916
($2,000 duo voarlv on Julv 1.)

4s,

I

I

I

|

38

ST*T£

WAA TT7DRTTT3V
Y —
New

m®

CITY SUf ft£M£NT.

Vol.

LXX

EDW. (i. KILDUFP, Mayor.
W. Uobinson, Treas.
li-rt±3UJK.
} MICHAEL J. RYAN, Clerk.
This city is in
Haven County
This borough is in Litchfield County.
When Due. 4s, J&J, $400,000
Jan. 1, 1919
LOANS—
Funding Bonds—
4s, J & J
200,000
Jan. 1, 1927 Bonded debt 4s May 1,'99.$97,500 Net debt May 1, 1898.... $143,035

WINSTED.-H.

<

.

J-

I

,

1911

Interest is payable in Waterbury.
Bonded debt, July 1, '99. .$797,000
Floating debt (addit'nal). 127,500
Total valuation 1898.. .11, 161,962
Assessment is ' actual value.

1905
1901
1918

Total tax (per$l,000) 1898. $3700
l3 00
Average school tax
Population in 1890 was
28,646
Population 1899(estiinated)40,000

3^8, J&J, $100,000, J'y 1,'05 to *14
City Hall Bonds—
7s, J&J, $10,000
1906

Hewer Bonds—

4s,

J&J, $60,000

Water Bonds—
4*08, J&J,
4s, J&J,

35,000
90,000

Jan.
($5,000 due yearly) to Jan.

1

,

1,

-

AVaterbury, Center School District.Tho district includes
town of Waterbury.

LOANS—

all of

the city of Water/bury and part of the

20,'99.
$379,850
Sinking fund
38,897
Net debt Mar.20. 1899.
340,953
($10,000 annually.)
Funding Bonds—
Assessed valuat'n '96 11,325,523
1927-1946
4s, J&J, $200,000
Assessment ^ actual value.
($10,000 annually), (optional after Tax rate (per $1,000) '98 ..$1300
July 1, '!2, $10,000 annually).

1901-1910

.

.

WEST HARTFORD.—Henry 0.
Treasurer.

LOANS-

— Whentown
This

M&S, $28,000
M&S, 30,000
Subject to call

1920
4s, M&S, $45,000
1902
Subject to call after 1910
1920 Bonded debt Oct. 1,'99.. $138,000
after 1910 Floating debtOct. 1, '99.
26,522

School and Funding Notes—
1900-1907
$35,000
($5,000 due yearly.)
Interest payable in Hartford.

I

Total debt Oct. 1, 1839... 1 64,52 1
Tax valuation 1898 ....3,537,452
Assessment is ^ to % actual value.
Town tax (per$1.000) '98. ..$12-00
Population in 1890 was
1,930
Population in 1899 (est.)
2,750

E.
WESTPORT.-H.
This
County.
town

is

Whitman/

Hartford County.

Road Bonds—

Due.

Refunding Bonds—
4s,
4s,

is in

Sherwood, Treasurer.

in Fairfield

Total debt Feb. 1, 1900
Tax valuation 1898

$85,309
2,533,304

I

Tax

|

Population 1890 was

rate (per $1,000) '99..

.$1000
3,715

< WILLIAM D. GRANT, Mayor.
T TTV/T A TS.T'T'T/^'
VV 1J_,1_,11V1>\.1N
1 lb.
}FRED. A. SANDERSON, Treas.
This city is situated in the town of Windham, Windham County.
When Due. Floating debt
$57,645
LOANS—
Municipal Bonds— (Coupon.)— Total debt Nov. 1, 1899. 357,645
4s, A&O, $100,000.... Oct. 1, 1925 Water debt (included)
200,847
Optional after Oct. 1, 1910 Tax valuation 1899
4,041,250
Water Bonds—
Interest payable at City Treasury.
Oct. 1,1904 Assessment about *2 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
4s, A&O, 25,000
8,648
Oct. 1,1924 Population in 1880 was
4s, A&O, 75,000
6,608
Bonded debt Nov. 1, '99. $300,000 Population in 1898 about. .8.000

ttttt

—

I

|

. . .

. .

WINCHESTER. — J.

E.

Spaulding

(P.

Winsted), Treas.
This town

is

in Litchfield

LOANS—

County and contains Winsted Borough.

When Due. Sinking fund,

$4,892

etc

Town Bonds— 1885-1891—
Net debt Sept. 1, 1899..
99,797
4s, M&N, $54,000.... Nov. 1,1902 Tax valuation 1899
4,838,957
4s, M&N, 12,000.... May 1,1902
Assessment about actual value.
($6,000 due yearly) to May 1, 1901 Tax rate (per $1,000) 1899.$10'00
.

Deposit fund and orders. $38,689
Total debt Sept. 1, 1899... 104,689

Population in 1890 was
Population in 1899 (est.)

. .

6,183
8,500

WINDHAM COUNTY.- C. P. Backus, Tr.
the County seat.
Whtn Due.

Assessed valuat'n '99,$1 9,701,120

10, 1902
10, 19 f4
20,0C0..April 10, 1906

Assessment abt. 609t actual value.
County tax (per $1,000) '99..$l-00
Population in 1890 was
45,158
Population in 1899 (eat.).. .50,000

Willimautic

is

LOANS—

Funding Bonds—
A&O, $15,000. April
3^8, A&O, 20,00 '..April

3*28,

313s,

A&O,

Bonded debt Dec.

1,

1899..$55,000

WINDSOR
LOCKS.— D. Outerson, Treas
town
bonds
J.

This

is

LOANS-

in Hartford County.

When Due.

Town Bonds—
4s,
4s,

are tax free.
Tax valuation 1899
$1,719,368
Assessment about 23 actual value
Tax rate (per $1,000) 1899. $10-00
Population in 1890 was
2,758
Population in 1900 (est)
3,000
All

J&J, $35,000
Jan. 1, 1922
1909 '19 '29
J&J, $30,000
($10,000 due Jan. 1.)

Bonded debt Jan.

1,

1900$. 65.000

|

i

Assessed valuation '99. ..4,514, 070
Population 1890 was
4,846

|

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 1890.

When Due. Total debt Mar.

$100,000

..,

Floating debt
55,025
Total debt May 1, '99. ...152,525
sinking fund, cash, &c... 9,490

Location.

Indebtedness.

Assessed
Valuation.

Avon, Hartford Co
$13,769 $447,205
Barkhamsted, Litchfield Co
16,816
319,921
Berlin, Hartford Co
23,670 1,359,812
Branford. New Haven Co. (Town) 81,114 2,118,937
Bristol (Borough) Hartford Co..
Canaan, Litchfield Co
Cheshire, New Haven Co
Chester, Middlesex Co
Clinton, Middlesex Co

75,000 4,023,648
21,000
460,119
12,000
992,443
14,000
512.609
17,444
761,276
Coventry, Tolland Co
14,50i»
649,653
Cromwell, Middlesex Co
40,276 1,002,672
Danbury (Town), Fairfield Co... 15 fi.89
9,695,024
Danielson, Windham Co
15,000
800,651
Darien, Fairfield Co
17,368 2,43,896
Eastford, Windham Co
11,500
153,824
East Lyme, New London Co
27,930
769,670
Easton, Fairfield Co
27,315
443,933
East Windsor, Hartford Co
45,650 1,353,651
EUington, Tolland Co
14,000
762,911
Farmrngton, Hartford Co
46,000 2,034,606
Griswold, New London Co
52,149 1,762,275
Hamden, New Haven Co
34,650 1,993,585
199,«3'i
Hartland, Hartford Co
12,624
Hebron, ToUand Co
41,466
418,307
Jewett City, New London Co
15,400 1,169,815
Lebanon, New London Co
16,679
£38,843
Lisbon, New London Co
11,085
242,732
Lyme, New London Co
36,793
313,747
Madison, New Haven Co
17,800 1,030,710
Manchester, Hartford Co
95,420 5,299,813
Mansfield, Tolland Co
29,926
567,832
Meeting House echool District. 50,000 3,000,000
Middlebury, New Haven Co
10,000
473,143
Middlefield (T.) Middlesex Co... 35,508
419.744
Montville (T.), New London Co. 39,677 1,088,359
New Hartford. Litchfield Co
45,035 1,077,744
New Milford, Litchfield Co
48,000 1,977,466
Newtown, Fairfield Co
30,000 1,535,8*2
Norfolk, Litchfield Co
22,796 1,069,835
North Canaan, Litchfield Co
31,266
778,431
New
North Haven,
Haven Co
29.004
910,988
Stonington,
New
No.
London Co. 25,503
523,819
Old Lyme, New London Co
21,100
508.804
Old Saybrook, Middlesex Co
27,922
599,416
Oxford (Town), New Haven Co. 15,000
313,514
Plain ville, Hartford Co
31,000
966,829
Plymouth (Town), Litchfield Co. 11,263
973,410
Pomf ret, Wind nam Co
11,313
978,293
Redding, Fairfield Co
32,000
557,332
Rocky Hill, Hartford Co
28,981
427,669
Roxbury, Litchfield Co
25,795
412,332
SaUsbury, Litchfield Co
21,000 1,834,771
Saybrook, Middlesex Co
47,000
698,103
Seymour, New Haven Co
40,084 2,481,620
Southbury (Town), N. Haven Co. 16.300
489,704
Southington.Hart. Co. (Borough) 21,300 1,6"2,278
80. Windsor (Town), Hartford Co. 15,000 1,179,169
Stafford, Tolland Co
27,766 1,594, &92
Stafford Springs, ToUand Co
17,900
736,243
Stratford, Fail-field Co
43,659 1,3^-6,342
TrumbuU, Fairfield Co
18,639
644,206
Voluntown(r.), New London Co. 12,284
251,219
Waterbury (Town) N. Haven Co. 130,000 23,093,953
Waterford, New London Co
51,8*3 1,209,170
Watertown, Litchfield Co
30,000 1,413,997
Westbrook, Middlesex Co
542,155
11,000
West Haven, New Haven Co
11,432 1,773,611
Wethersfield, Hartford Co
39,074 1,452,012
Wilton, Fairfield Co
25,000
870,388
Windham, Windham Co
208,237 5,006,553
Windsor, Hartford Co
92,497 1,650,368
Woodbury, Litchfield Co
935,502
28,000
Woodstock, Windham Co
13,756
844,156

Tax

Popu

Sale.

latton

$1300
20-00

1300
1200
3-00
12-50
11-00
15-00

1000
1750
1300
1000
10 00
7-00

1600
1500
1V00
1500
1250
1200
1000
1000
2300
14-00

500
1200
13-00

1500
1000
1500
2000

1,182
1,130
2,600
4,460
.

...

870
1,929
1,301
1,384
1,875
1,987
19,473
.

...

2,276

561
2,048
1,001
2,890
1,539
3,179
3,113
3,882

565
1,039
1,934
1,670

548
977
1,429
8,222
1,911
3,500

1200

566

18 <0
16-00

1,002
2,344
3,160
3,917
3,539
1,546
1,683
1,862
1,463
1,319
1,484

1200
1500
12-00
14-00
20-00

1500
1300
1600
15-00
18 00

1500
1500

12-00
15-00
12-50

902
1,993
2,147
1,471
1,546
1,069

1400

936

11-00
18-00

3,420
1,484
3,300
1,089

1000
12 00
5-00

15 00

2000
7-50
15-00
12-00

20'0
600
1500
12-00
10-00

500
1000
1000
1200

1,736
4,535
2,608
1,453
1,060
33,202
2,661
2,323

874

1250

2,271
1,722
10,032
2,954
1,815

12-00

2,309

15-00

39

Debts and
OIF

1

Resources
THE

TGWN

AND

TATE
XlsT

TJHIIE

MIDDLE STATES.
INDEX FOR THE MIDDLE STATES,

NEW YORK— State, Cities, &c
NEW JERSEY— State, Cities, &c
PENNSYLVANIA- State,

Cities,

State of

New

Pages 58 to 65

Pages 75

Pages 65

DISTRICT OF COLUMBIA

Page

to 74

York.
Etc.

association or corporation.

Admitted as a State

-

One

-

Total area of State (square miles)

of Original Thirteen

-

-

-

50,203

Albany

State capital

Theodore Roosevelt
John T.McDonough
John P. Jaeckel
Treasurer (term expires Jan. 1, 1901) - Comptroller (term expires Jan. 1, 1901) - William J. Morgan
Legislature meets annually the first Wedaesday in January,
and length of sessions is not limited.

Governor (term expires January

1,

Secret'y of State (term expires Jan.

1901)

1

,

-

1901)

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 election in 1895 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 f una, leaving outstanding Mar. 1, 1900,
$8,500,660, which, with the $330,000 Comptroller's Certificates and
$400,000 Adirondack Park Bonds and $900,000 Defense Bonds, a total
of $10,130,660, constituted the State's indebtedness on Mar. 1, 1900.
-Principal.—
Interest.
LOANSOutstand'g.
Rate. Payable. When Due.
NAME AND PURPOSE.
Jan. 1, 1906
$1,270,000
J&J
Canal bonds, g., reg., 1896.
3g.
4,000,000
do
1897.. 3g.
J&J
Jan. 1, 1912
Do
do
Jan.
1913
3,230,000
do
do
1898.
Do
J&J
1,
3g.

—

—

,

Do
do pat>t due.
Adirondack Pk.Bonds,1898 3^2
Public Defense Bonds,1898 3*2
do

do

1899

3»*

Comptroller's Certificates
*

660

F&A

M&N
M&N

19071908

400,000
400,000

Nov. 1, 1902-'05 \
$100,000 yearly J
5 May l.'02to'06(
500,000
\ $100,000 yearly )
1901 to 1906
330,000

<

\

Due $55,000 annually.

STATE DEBT FOR OVER FIFTY YEARS.-Below we

amount
1899
1898
1897
1893
1892
1891
1890

give the

on Sept. 30 in the years named.
$10,185,660 1889
$29,784,124
$6,774,854 1863
9,340,660 1888
6,965,354 1858
33,735,668
5,765,660 1883
24,288,568
8,473,854 1853
660 1878
9,154,054 1848
23,937,248
885,855 1873
36,530,406 1843
25,257,268
2,927,655 1868
44,968,786 1838
11,256,152

of the State debt

4,964,304

Tear.

-Slate Tax.Total Equalized Ratepcr
Total

Valuation.

$1,000.

to 76

78

Levied.

1899$4,413,848,496 $662,548,328 $5,076,396,824 $2,49 $12,640,228
1898. 4,349,801,526 548,-09,493 4,898,611,019 208
10,189,111
1897. 4,041,826,586 465,159,108 4,506,985,694
2-67
12,033,652
1896. 3,909,853,377 459,859,526 4,368,712,903
2-69
11,751,358
1895. 3,841,582,748 450,499,419 4,292,082,167
324 13,906,316
1894. 3,761,679,384 438,202,694 4,199,882,058
2-18
9,155,742
1893. 3,626,645,093 411,413,856 4,038,058,949
2-58
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. 3,298,323,931 385,329,131 3,683,653,062
234
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
6-00
14,206,680
1870. 1,532,720,907 434,280,278 1,967,001,185
7-26>4 14,285,976
1869. 1,418,132,885 441,987,915 1,860,120,770
5-6212 10,463,179
1859. 1,097,564,524 307.349,155 1,404,913,679
250
3,512,284

—

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, ancf 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
" Shall this bill pass, and ought the same
thereof, and shall be
of
the
people!"
The Legislature
to
reoeive the sanction
may at any time, after the approval of such law by the
been contracted in pursupeople, if no debt shall have
ance thereof, repeal the same; and may at any time, by law,
further
forbid the contracting of any
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 stock creating such
debt or liability, shall be applied to the work or object specilied fn 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.

—

;

:

;

—

DEBT LIMITATION— Cities.

The

TAX VALUATION, TAX RATE, ETCValuation.
Real Estate.
Personal.

Pages 74 to 75

DEBT LIMITATION— State.— The new Constitution has in some
measure modified the provisions of the fundamental law restricting the
power of the Legislature over the issue of debt, &c These provisions
are found in Article 7. We give the sections of that article (Article 7)
below which have reference to the subject.
State credit not to be given.—Section 1. The credit of the State shall
not in any manner be given or loaned to or in aid of any individual

ITS

DEBT, RESOURCES,

Etc.

DELAWARE— State, Cities, &c
MARYLAND -State, Cities, &c

Pages 39 to 5S

&c

CITIES,

new

Constitution

of

Counties.

New York

Towns and Villages.—

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, leaviug 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 xiaragraphs and the figures in parenthesis which number and begin the paragraphs are our own, we baying 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 Article 8 as it reads, preserving even the punctuation.

(1) No county, city, town or village shall hereafter give any money
or property, or loanits 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 lie 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
;

40

ST/ITE

MID

CITY

SUf fttMtWT.

indebtedness, shall exceed ten per centum of the assessed valuation of
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, cxcepi such as may now
exist, shall be absolutely void, except as herein otherwise provided.
(3) No county or city whose present indebtedness exceeds ten per
centum of the assessed valuation 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.
(4) This section shall not be construed to prevent the issuing of certificates of indebtedness or revenue bonds issued in anticipation of the
collection of taxes for amounts actually contained, or to be contained
in the taxes for the year when such certificates or revenue bonds are
issued and payable out of such taxes.
(5) Nor shall this section be construed to prevent the issue of bonds
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.
m
(6) All certificates of indebtedness or revenue bonds issued in anticipation 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 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 otherwise indebted.
(7) Whenever hereafter the boundaries of any city shall become the
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 adoptei changing this paraWhenever the boundaries of any city are
graph to read as follows
the same as those of a county, or when any city shall inolude within
its boundaries more than one county, the power of any couaty 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.]
(8) The amount hereafter to be raised by tax for county or city purposes, 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 indebtedness except for County, City, Town or village purposes." Most of the other paragraphs include only Counties
;

.

:

and

Cities.

According to Paragraph (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 wh3n any city shall include within its
boundaries more than one county, " the power of any county wJiolly 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 valuation of the real estate.
Towns and Villages are not limited in their debt-making power by the
Constitution. Those municipalities will be govemied by general or
special statutes.

The 1895 Legislature passed an act " for the protection of bona fide
purchasers and holders of coupon bonds and of municipal corporations
against misfeasance, malfeasance or negligence of public officers."
The full text of this law was published in the Chronicle of June 8,
1895. V. 60, p. 1023.
EXEMPTION FROM TAXATION—There is one general New York
statute with reference to exemption from taxation " for town, county,
municipal or State purposes " of a class of bonds " issued by any village,
city, town or county" in the State, which seems to have a wider application than is generally known. As originally passed in 1881 the exemption applied only to bonds issued to pay up or retire bonds "created
to aid in the construction of any railroad." A new law was passed in
"
1886 (Chapter 316) making the tax exemption apply to " new bonds
issued under the act to retire any of the then "present bonded indebtedness of any village, city, town or county in this State." With reference
" All new
to 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
the provisions of this act shall be exempt from taxation for town,
county, municipal or State purposes until the period when they are
made payable." In 1893 still another law was passed making the
statute cover any bonded indebtedness. The law as it now stands will
he found in editorial on page 4 of the April, 1894, Supplement.
in addition to the foregoing there are special laws authorizing special
issues that are exempt, but which we have not room to quote here.
For New York City there is a general statute which directs how any of
its bonds may be made exempt from city and county taxation. That
:

statute is subjoined.
Sec. 137. The Commissioners of the " Sinking Fund of the City of New
York for the redemption of the city debt," when duly authorized by
ordinance of the Common Council, may. by concurrent resolution,
direct that the bonds and stocks of said city, issued pursuant to law,
after June ninth, eighteen hundred and eighty, shall be exempt from
taxation by said city and by the county o f New York, but not from taxation for State purposes and all bonis and stocks issued pursuant to
such authority shall be exempt from taxation accordingly, provided
that said bonds and stocks shall not bear interest exceeding the rate of
four and one-half per centum per annum. The bonds and stocks of the
city of New York issued pursuant to the provisions of this section shall
express upon their face the fact that they are exempt from taxation by
the city and county of New York, but not from State taxation, and
shall refer to this section, and to the ordinance of the Common Council,
and the resolution of the Commissioners of the Sinking Fund authorizing their issue.
;

SAVINGS BANK INVESTMENTS-POWERS AND RESTRICTIONS.—In 1898 the New York Legislature passed an amendment to
paragraph 6, Sec. 116, of the Savings Bank law of 1892. The amendment extended investments of savings banks to first mortgage railroad
bonds the principal part of whose railroad is located within this State,
and in 1899 the field of railroad investments was still further enlarged.
In 1900 the Chicago & Alton RR. was added to the list and other
changes made in paragraph 6.
We give section 116 below as it stands with these amendments
incorporated.
Sec. 116. In what 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
:

Vol.

LXX

1. In the stocks or bonds or interest-bearing notes or obligations of
the United States, or those for which the faith of the United States is
pledged to provide for the payment oi 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.

In the stocks or bonds or interest-bearing obligations of any Statewhich 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 thelegislature 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 anthority 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 than ten years next preceding such investment.
3.

of the United States

In the stocks or bonds of any city, county, town or village, school
bonds and union free school district bonds issued for schoolpurposes, 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.
4.

district

5. In the stocks or bonds of the following cities
Boston, Worcester,
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, Readimj 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; Paters on, 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 lor 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 bondsor stocks of said city, as mayhaye been purchased prior to said increase of debt.
;

;

;

;

6. Tn 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 reiiort 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 aud 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
owned by such a railroad corporation of this State, or in the mortgage
bonds oi any such railroad corporation of an issue to retire all prior
mortgage debt of such railroad companies respectively; provided that
at no time within five years next preoeding the date of any such investment shall such railroad corporation of this State or such connecting railroad corporation respectively have failed regularly and punctually to pay the principal and interest ot all its mortgage indebtedness, and in addition thereto regularly and punctually to have paid
dividends upon all its outstanding capital stock during the preceding
five years, at the rate of not less than four per centum per annum
and provided, further, that at the date of every such dividend the outstanding capital stock of such railroad corporation, or such connecting
railroad company respectively shall have been equal to at least one hall
of the total mortgage indebtedness of such railroad corporations respectively, including all bonds issued or to be issued under any mortgage securing any bond in which such investment shall be made.
Also in the mortgage bonds of the following railroad corporations

The Chicago & North Western RR. Co.. Ohioago Burlington & Quincy
RR Co., Michigan Central RR. Co., Illinois Central RR. Co., Pennsylvania RR. Co., Delaware & Hudson Canal Co., Delaware Lackawanna & Western RR. Co., New York New Haven & Hartford RR. Co.,
Boston & Maine RR. Co., Maine Central RR Co., the Chicago & Alton
Provided thai at the time of making such investment the
RR. Co.
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
capital stock for the ten years next preceding such investment, and
provided the capital stock of any of said railroad corporations shall
equal or exceed in amount one-third of the par value of all its bonded
indebtedness; and further provided that all bonds hereby authorized
for investments shall be secured by a mortgage which is a first mortgage on either the whole or some part of the railroad and railroad property actually in thep3ssession of and operated by such company or
that such bonds shall be mortgage bonds of an issue to retire
all prior mortgage debt of such railroad company; also in the
first mortgage bonds of the Fonda Johnstown & Gloversville RR.
Co., or in the mortgage bonds of said railroad company of an
issue to retire all prior mortgage debts of said railroad company, and
;

provided the capital stock of said railroad company shall equal or exceed in amount one third of the par value of all its bonded indebtedness; and provided, also that such railroad be of standard gauge of four
feet eight and one-half inches. Not more than twenty per centum of
the whole amount of deposits of any bank shall be loaned or invested
in railroad bonds, and not more than five per centum of the deposits of
any bank shall be invested in the bonds of any one railroad. Street
railroad corporations shall not be considered railroad corporations
within the meaning of this subdivision.
[Under date of June 10, 1899, F. D. Kilburn, Supeiintendent of the
State Banking Department.issued a oircular naming thebonds in which
savings banks may invest under the amendment of 1899. For list of
such bonds see Chronicle, V. 68, p. 1111. In 1899, as above stated,
the Chicago & Alton was added to the list.]
7.

In real property subject to the provisions of the next section.

It will be noted that subdivision 7 (the last paragraph of the above)
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
relates only to real estate. Sections 118, 119 and 120 of the law of
;

1892 we subjoin.
Section 118. The trustees of every such corporation shall as soon as
practicable invest the moneys deposited with them in the securities
authorized by this article; but for the purpose of meeting current

ME

NEW YOBK-CITIES

April, 1900.

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 of 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 Khali not exceed
twenty-live iier 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 pledge of the securities or any of them named in subdivisions one, two, three and four of the preceding section but one, but
not in excess of ninety per centum of the cash market value of such
securities so pledged. Should any of the securities so held in pledge
depreciate in value, after making any loan hereon, the trustees shall
require the immediate payment of such loan 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

—

LOANS-

payments and expenses

NAME AND PURPOSE.

($39,000 yearly to
Third Ave... March, 1896

Water
do
do
do
do
do
do
do
do

<*o

......

*~.'^.

_ o
S=3

do

do

Albany

is

in

THE

NEW

do

•3

do June
do

—

Funds.

Principal.
Outstand'g.

7

M& N

Publio Market

4
4
4

J

When Due.

May

1904

1,

b$115,000

& J Jan. '01 to 1908
a80,000
M & N { M|£ooo yearly" } a60,000
M & N May 1, 1912' al65,000
F & A
Feb. 1, '01-'09
a27,000
J & J Jg,obo yearly09 ^125,000
S
July 1, 1910
J & J
a20,000
M & 8 Mar. 1900-1909 a50,000

3*2

Hal1
"82 4
do do
1882 4
Sewer (Beaver Cr.)... 1889 3
do
do ...1896 3^
Improvement bonds. 1899 4
do
do ..1899 4
Washington Park.... 1870 7
do
do ....1871 7
do
do ....1872 7
do
do
1874 7
do ....1874 7
do
do
do ....1875 6
do
do ....1875 6
do
lo ....1876 6
do
do
1877 6
do
do
1878 5
do
do ....1880 4
do ....1881 4
do
do ....188° 4
do
do
do ....1882 4
do
do ....1885 4
F
do ....1894 2
do
J
do
do ....1896 3»9
Hawk St. Viaduct.... 1889 3^ F
C1 *y

M&NJ^Jj, ^^}
1

a27,000

M&N Nov.
(1901
26,750
'04
M&N
Nov.1901
104,000
M&N
Aug.
1910
b50.000
M&N
May
1911
blOO.OOO
M&N
May
1912
blOO.OOO
M&N May
May
1914
M55.000
M&N
1916
b49,000
M&N
May
1915
b75,000
M&N May
Nov.
1917
b37,000
M&N
1918
b38,000
M&N
1919
b20,000
M&N May
May
1920
b40.000
M&N{May l&20^1930j b295f000
i25
M&N
May
1921
a30,000
M&N
May
1922
a28,000
M&N
Nov.
1922
a24,000
& A
Feb.
1925
1,

to

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

1,
1,

1,

& D

June

M&

2

J

Broadway widening.. 1898

3*2

A&O^

Beaver Park

4

J

d°

d°

ww*

*»

A«

18 97

d0

d0

18 98

do

do

1899

1,
1,

1934
1936

N May 1.
& A j ^oVy^ariy? 9
& D \ J Jjk?0M j^riy??

Dudley Observatory.. 1892

1894

$"8%oo y early4

\

\

\

J

& D

\

,

'

\
,

j^aS

\

Interest payable in Albany,

1895

4

1.

d0

do
d0

do

ibqa iio
v
1894
3^ F

do

1897 4

d0

18 97
1§ 97

F
P

M

3*2

54,000

'00-1908

1,

157,500

$17,500 yearly.
Feb. 1,1900-1915)
$7,000 yearly. i
Feb.. 1901
1909
\

ilZ.WU
63,000

1910
& A
1915
J
i
Feb. 1, 1913
Feb. 1, 1914
Feb. 1, 1915
1, 1900-1907)
JMay
v
& *
$10,000 yearly. J
)
* A
a 5 Feb. 1,1900-1914)
&
J $2>500 due y rly> I
.
v 5 May 1,1900-1917
* *
$5,000 yearly.
)

42,000
20.000
20,000
10,000

80,000

35,000

.

M

90,000

vl
3* M&Nj Ma
*1 0,000 yearly.

1898

190,000

-

1899

1900

1.1900-1919 )
& N May
S5.000 yearly.

100,000

<Feb.l,1901to'20)
$7,500 yearly \
)

150,000

312

M

3*2

F & A

>

A

\

"22.500

1

al3,300
30 000

in

—

,

35.000

New York

at

*

1900

4

K#[ >{JB^lgMjgj

4

M*N{g^

Real estate,
$8,027,757

$4,180,750 $4,143,250 $4,046,500
1,548,230
1,394,260
1,168,263

;<

property

personal

$4,9 17,420;

ASSESSED VALUATION.— Property
Real.

Years.

1899
1898
1897
1895
1893
1890
1880
1870
1860
1850
1846

is

$3,080,337;

$7,422,405
7,525,425
9,508,245
6,426,995
6,565,790
6,282,525
2,790,120
5,954,825
6,006,803
3,171,589
3.449.098

ALBANY
County seat

is

CO.— John

A&O, $50,000. Oct. 1, 1901
A&O, 50,000. Oct. 1, 1902
A&O, 45,000. Oct. 1, 1903
County Court Ho USE—

3igs,
3i£s,
},

-cnii-an., $105,000

War Loan

INTEREST
are

Feb.15,1911

$21,000 Mar., '01-'03
67,000 ...Mar., 1904
111,000 Mar., 05 '07

semi-an.,

12,500
75 ,ooo
88 000
'

2000
2000
1900
3600
45-70
12-60
15-70

1320

1890 93,313;

in

Jr., Treas.

LOANS-

When Due.

Hall—

3i<29,

1

Howe,

2060
20-00

the city of Albany.

loans-

city

A.

$22 60

$66,841,295
66,684,940
68,276,895
64,975,715
71,189.470
69,662,571
37,100,425
30,936,336
26,290,048
12,601,689
11.241.433

1892 population was 97.120;
The estimate for 1899 was 100,000.

1880 90,758.

Rale of Tax.
per $1,000

lotal.

POPULATION— In
in

total

assessed about full value.

-Assessed Valuation
Personal.

$59,418,890
59,159,515
58,768,650
58,548,720
64,623,680
63,380,046
34,310,305
24,981.511
20,283,245
9,430,100
7,792.340

66,000. Mar., '08-'09
35,000 ..Mar., 1910
37,000 ..Mar., 1911

18,000 ..Mar., 1912
17,000 ..Mar., 1913
16,000. ..Mar.,
is

1914

When Due.

War Loan— (Con.)

4s, semi-an., $15,000.. .Mar.,
4s, semi-an.,
36,000.. .Mar.,
4s, semi-an..
18,000... Mar.,

Refunding Bonds —
M&S, $36,000.. Mar.,

4s,

1915
1916
1917

'01 to *18

($1,000 y'lv to '17 & $19,OOOin'18)
4s. M&S, $38,000. Mar. 1901 to '19
($1,000 y'lv to '18 & $20,000 in'19.)
Total debt Mar.l, 1900
$839,000
Ass'd valuation, real
91.066,799
Ass'd valuation, pers'l
9.^62,940
Total valuation 1899.. 100,629,739
County tax (per DC) 1900.... $6-40
Population in 1^9'J was. ..167,289
Population in 1890 was.. .164,555
.

payable at the County Treasurer's

Office,

The bonds

all registered.

AMSTERDAM. —
LOANS—

Bridge

This city

When Dur.

Bonds—
4^s, .., $11,356
May 15,1900
Funding Bonds—
Str. Imt.

$10,000... Sept. 1. 1900-*01
Dist. 8, 11 &13—
4s, ..... $13,000
Oct. l.'0O-'12
4s, ...
9.000
Jan. 1,'Dl '<>:!
31-29,

.

,

4s,
Is,

9,000
9,000

Sewer Bonds—
3s

Oct. 1, 00 'OS
Sept.. 'OO-'OS

$206,000... July

1.

'99-"34

Water Bonds—
5s,....
5s,....
5s, ....

i6 }«>J-aV??.Ii

$3,971. 00

School Bonds,

,

M&N

$2,367,250
1,813,500

1,533,814

$2,415,250
1,728,000

$2,414,000
1,632,500

$2,329,800
1,641,500

is in

Montgomery County.

Mm

'

.

b Interest payable

1900, are not included.

1,

$2,437,486 $2,632,520 $2,748,990 $2,878,237
Netdebt
The sinking funds are invested mostly in the city's own bonds.
CITY PROPERTY.— Property owned by city November,1899,was

4s, semi-an..

'

M&
M&N

4

F

1888

35,000

Feb.,

F

do

*«<-•<**

.

Prinoipal and interest paid by holders of property benefited,
Interest.
Principal.
LOANS—
NAME AND PURPOSE.
Rate. Pat/able.
When Due.
Outstand'g.
Delaware Ave
1891 3*3
N
1901
fs 700
Various streets
1896 4
1900-1911
249,700

do
d0

June

F & A
J

1896
1896
L896

» 2 ™,000

a8 000
a 15 000

STREET IMPROVEMENT BONDS

—

5

F & A

4

50,000
50,000
50,000

$50,000 yeany.
1, 1900-1907)
$5,000 yearly, j
Feb. 1, 1900-1908
$7,500 yearly.

&

J

*50,000
50,000

Feb.

J

1895

Dec.

4s, semi- an.,
4s, semi-an.,
4s, semi-an.,
ni-an.,
4s, semi-an.,
4s, semi-an.,
4s, semi-an.,

'

the Merchant's National Bauk.

•

F & A

4

Total bonds...
Sinking funds. ..

\

a

4

do
do
do

Is,

* »{ s»8i5i* i
17
A *0{°$:
31* A AOJ^oW^JW.^}
3* J & jj ^feo'o yearly 9
J & D
4
^Jgg^Sn x j
j

alO.OOO
a3,000
a7,000
a45 000

'

$5,00° 'yearly

4

KnoxStreetViaduct.1897

F & A

H895

Waterbonds

,

,

,

Payable.

P. O. site

1874
1888
Public build'g bonds.1892
do
do
1892
Public Bath bonds.... IS 99

1887 4

$100,000
90,000
99,000
100,000

Feb. 1, 1900. Sepl.l, 1899. i^oc.1,1898. Nov. 1,1897'

GENERAL BONDED DEBT.
Interest.

A
A

F & A

<S

County.

Rale.

'08.)

Feb.
1901
Feb.
1902
Feb.
1903
Feb.
1906
Feb.
1908
Feb.
1909
1911
Feb.
Feb.
1912
Feb. 1,1900-1901

A
A
A

F
P
F
F

bonds, amounting to $748,570 on Feb.

YORK.

-

LOANS—

*3,000 to

TOTAL DEBT, SINKING FUNDS, Etc.—The subjoined statement
shows Albany's general and water debt. The street improvement

F R PALME R, Comptroller.
\c. H. BI3SIKUMMER, Sec'y Sinking

NAME AND PURPOSE-

F
F

1889 4

Generalbonds

-

A
A
A

P
F

i

do

debts of civil divisions not found among the, statement*
giveii below, see " Additional Statements" at the end of this Stale.
5

Nov., '99'08
'04-'05;

-.

Counties and Towns

Note.— For

—
Albany

$8,000
3,200
170,000

WATER DEBT.

1888

do

do

.

1900-1901

..

1874
1874
1874
1876
1876
1876
1877
1877
1881 4

«

do

A T TD A "NT AT
Al-iDAiN
I

-Principal.
' Outstand'g.

When Due.

M&N
M&N
M&N
1903; $2,500,
M&N

1900, was $748,570.

1,

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 can 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 received oy thein, he shall report the facts
to the Attorney-Gen eral, who shall proceed against such 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 first in population
among the States of the Union. In 1892 the count showed 6,513,343.
The following gives the U. S. Census figures:
1890
5,997,853 1860
3,880,735 1830
1,918,608
1880
5,082,871 1850
3,097,394 1820
1,372,111
1870.
4,382,759 1840
2.428.921
1810
959.049
,.
* So in the original.

STATE OF

—

1900
2,720
The total amount of street Improvement bonds outstanding on Feb.

1

IN

Interest.

Rate. Payable.

Sewer improvem'ts.. 1896 4
do
.1898 4
do
Street improvem't... 1898 4

;

Cities,

41

TOWNS,

14,000
42,000
49.000

INTEREST

is

Oct. 1,1901
Oct. 1, 1906
Oct. 1. 1911

LOANS-

I>ue

Water Bonds— (Continued)—
5s
5s
Us

Oct. 1, 1916
Oct. 1,1921
Oct. 1, 1926

$59,000
65,000
25,000
100.000

Mar. 1. 1910
:;-.
...
-"'-.856
Bonded debt Jan 1,'99
Water debt (included)... 354.000
Tax valuation, real
9,312,741
Tax valuation, pergonal. 1,418,900
Total valuation 1898... 10,781,641
Assessment >a to 5 actual value
Total tax rate (per M.)'9S.. $2213
Population in 1S99 (est).. .22,000
:'

.

Population in 1890 was
Population in 18-0 was

paid at the National Park

Bank

of

Xew York

17,336
9.466
City.

12

8T*T£

AUBURN.

S

ORLANDO

m®

01TY SUfftEMfcflT,
LOANS-

LEWIS, Mavor.

JAECKEL,

Treasurer.
This city is the county seat of Cayuga County. In 1894 the city purchased the plant of the Auburn W. W. Co. for $1-25,000. 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—
?

J. P.

Southern Central RR.— (Con.)
M&S, 25,000... Mar. 1, 1909
Water Works Co. 'a Bonds assumed by City—

Sewkr & Local

4, 438

&5

J(

Imp't Bonds$99,189
19a--09

3s,

Southern Central RR.—
M&S, $20,000.... Mar. 1.1910
19 0-1905
M&S, 20,000.... Mar. 1,1901 58, .... $57,000
(Part due yearly.)
4 8, M&S,
30,000.... Sept. 1, 1902
Water Bonds 1894—
4s, M&S, 30,000.... Mar. 1, 1!>0:S
4s, M&S, 20,000.... Mar. 1,1904 3*28, J&D, $300,000... May 1, 1914
3s, M&S. 20,000.... Mar. 1. 1905 ($25,000 due yearly) to May 1.' 25
3s, M&S,
40,000.... Mar. 1, 1906 Bonded debt.) an. 1,1900.$721.489
3s, M&S, 40,000.... Mar. 1. 1907 Water debt (included). .. 357,000
INTEREST on the railroad bonds is payable in New York City and

4s,
3s,

at the office of the Mercantile Trust Co.. N.Y.
ASSESSED VALUATION.— In 1897 property was assessed at actual
value, against about 70 per cent previously.
Rale of Tax
Assessed Valuation.
Personal
Total.
per $1,000
Tears.
Real.

Auburn; on water bonds

,

$,1-40
$13,299,172
$1,069,462
21-92
1,573,993
13,567,863
19-84
1.661,501
13,443,906
1,555,529
11,083,154
9,527,625
28-38
11,455,283
2,039,003
9,416,280
25-30
2,057,810
11,020,340
8,963,530
POPULATION —In 1892 population was 24,737; in 1890 it was
25,858 in 1880 it was 21,924. Estimated in 1 899 about 34,000.

1899
1898
1897
1896
1895
1890

$12,229,710
11,193,870
11,782,405

;

DE WITT, Mayor.
if: D. KANE, Clerk.
This city is the county seat of Broome County. The water works
are estimated to be worth $2,000,000.
When Due.
Hospital Bonds—
LOANS—
Albany & Susq. RR. Bonds—
3128, ....,$25,000
1908-1912
3*28, M&S, $23,000.. .1900 to 1907
($5,000 due yearly.)
312s, MAN, $5,000. Nov. 1. 1907
($3,000 due yearly.)
Bridge Bonds—
School bonds—

BINGHAMTON.

1900 to 1902
$1,500
($500 due yearly on Aug. 1,)
4s,
$33,000
1906
3s, S-A,
1929
77,000
1930-1934
3*28,
71,000
3i«8
Aug. 1,1934
4,000
4s, S-A,

3128, ....,$30,00»

..1923-1926

20,000

312s

($5,000 annually.)

Water Bonds—

F&A, $1,500
1900
F&A, 7,000
..Aug. 1,1901
3»«8, F&A, 40,000... Aug. 1, 1935
F&A, 9 1,000... Aug. 1, 1907
City Hall Bonds—
F&A, 62,000... Aug. 1, 1918
4s, F&A, $25,000... Aug. 1.'15-'17 Bonded debt Feb. 1, '99.. $634,500
4s, F&A,
20,500. .. Aug. 1,'28'29 Water debt (included)..
164.000
4s, .....
50.000
1918-1922 Tax valuation, real
18,925,090
($10,000 annuaily.)
Tax valuation, personal 2,186,670
4s, F&A, 50,000
1923-1927 Included in above, but
on
Aug.
$10,000 yearly
1.
exempt from taxati'n
188,960
,

7s,
7s,
3s,
3s.

Fire Station Bonds—
1913 '14'15
$25.000

3*28, .....
3^38, .....

Total valuation 1899. .20,922,700
Assessment about % actual value.
$150n
City rate (per M.), 1899
Population in 1890 was
35,005
Population in 1899 (est.) .. .45,000
City Hall, water, $148,000 bridge and $8,000 fire

Park
do

INTEREST— On

Park
do
do
do
do
do
do

BROOKLYN. —

See

New York

office.

do
do ref., 1893
do
do ref., 1893
do
do ref., 1895
Buff. N.Y. & Phil. RR., 1884
Buff. & Jamest'n RR., 1884
do
do
1885
Buff. N.Y. &Phil. RR.. 1885
Buff. & Jamest'n RR., 1888
do
do
1886
do
do
1894
Buff. N.Y. & Phil. RR., 1886
do
do RR., 1889
do
do ref., 1890
do
do ref., 1890
do
do ref., 1891
do
do ref.. 1892

,

190c.

$1 20,000

Buffalo

Bailey
5.

6.

LOANS—

'

-Interest.

—

67

that

J&D

Grade crossing

b'ds.. 1896

3>2
312
312
312
312
312
312
312
312
3>9

\

F & A

1-5 yearlv.

1916
do
do
1897
1917
do
do
1898
Feb. & Mar., 1918
do
do
1898
A
Apr.
1,1918
do
do
1898
M &N Nov. 1. 1918
do
do
1899
March 1, 1919
do
do
1899
J & D
June 1, 1919
do
do
1899
J & .1
July 1, 1919
do
do
1899
A&O
Oct, 2, 1919
do
do
1899
J
Dec. 1, 1919
Ref'd'ggde.crossing.1896 :-*H J & J
July 1, 1916
8. Buff, flood bonds
1897 3*2
1926-1927
Chic.Fire Relief Fu'd* 1897 3><j
1900-1917
Buffalo Charter loan. .1891 3*2 J & J ( Julyl,1900tol901
I $142,830 yearly.
City and County Hall.l 872 7
Aug. 1, 1902
do
do
1873 7
M & N May 1, 1903
do
do
1873 7
Sept. 1, 1905
do
do
1874 7
J & J
July 1, 1907
do
do
1875 7
8ept. 1, 1910
do
do
1891 4
Nov. 1. 1911
Schools
1888 312 F & A Aiu?.l,'00tol908
$li2,500 yearly.
do
1889 312 M & N (Nv.l,1900tol909)
Feb.

1,

&O

M&S

&D

A&O

F&A
M&S
M&S
M&S

.

S

I

do
do

$7,500 yearly.

\
A & O
Apr. 1, 1912
F & A
Feb. 1, 1914
A & O (Oct. I,'00tol915)
\ $12,500 yearly.

do

1892 312
1894 312
1895 312

do

1897 312 J

do

1898

J

5

Jan 1,1901-1917)

*

$25,000 yearly.?

2, 1900-1918)
M & N May
$5,0i0 yearly.
(Nov.,
1900-1918
3^ M & N $5 000
yt-arly.

3i*

J

I

do
do
do

1898
1899 3»« M
1899 312 J

do
do
do
do
do
do

do

75,000
150,000
300.000

200,000

& S
& D

I

425,000
95,000

C

Mar. 190 1-1919
(Dec. 1,1900-1919)
I $10,000 yearly.
J

95,000
95,000
200,000

3i2
3i2

3%

3^

& J
F&A
J&D
A&O
A&O
M& N

do
do
*

312
312
3i«

4
4
4
4

J
J

...

do
do

...

.1897

*1898

....*1899

&
&

Jan.
Feb.

J

&

1913
1913
1913
1915
1901
1902
1904
1904
1902
1904
1914
1906
1909
1, 1910
15, 1910
1, 1911
1, 1912

75,000
75,000
75,000
77,000
30,000
75,000
75.000
30,000
75,000
75,000
75,000
40,000
100,000
100,000
100,000
100,000
100,000

1,
1,
2,
Oct. 1.
Apr. 1,
Nov. 1,
Jan. 1,
Jan. 1,
Apr. 1,
Feb. 1,
July 1,
Jan. 1,
Oct. 2,

June

J
J

A&O
F&A
J & J
J & J
A&O
J & J
J&D
J & J

3i2
3i2
3i2
313
3i2
Sh.
312
312
312

July
Dec.

July
July

J

M& N

May 1, 1913
1,1 900 to *20
F & AJ Aug.
$15,000 yearly. £
F & A Aug.l,19u0-19l6
\
j $1(>,000 yearly.
M & N May 1, 1911
M & N May 1, 1912
J & J
July 1, 1918

4
3i2

3i2
3

F&A
J&D
F&A
F & A
A&O
F&A
A& O
M&S
A&O
J & J
F&A
A&O
J & J
M&S
A&O
A&O
J & J
A&O
M&S
A&O
J&D
J&D
J & J

412
3i2
3i2
3i2
3ifl

3 Hi

:

1873
1874
1874
1874-75
1874
1880
1880
1881
1884
1885
1886
1887
1887
1888
1888
1888
1888
1889
1889
1890
1891
1891
1891
1892
1892
1894
1896
1896

do
do

do

J

)

Water Bonds

84,519

335,772
83,000
73.000
45,000
285,660
100,000
100,000
150,000
200,000
125,000
50,000
111,500

1888

1880
1895
1896
1897
1898
1899

do
do

18,703
285,187
182,716
75,455

3
3i2

Tax Loans:

do
do
do
do
do

\

&

do

Avenue

$30,000
85,000
45,500
80,000
115,000

171,000
577,927
89,137
200,000
16,913

3

3
3

Water refunding

:

M

3h

3i2
3i2

3

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

--Principal
When Due.
Outstand'g

Rate Payable.
NAME AND PURPOSE1. City Loans— Various Purposes
Municipal building.... 1890 312 J & J July 15, '00 to 1905
Deficiency, ref
1890 312
& S Mar. 1900 to 1905
Swing bridge, ref
1887 3^ J & J
Jan. 1, 1902
Market
1890 312 A & O
Apr. 1, 1920
Plank road award
1890 3
June 2, 1910
June
l,'03-'07
Refunciing.bonds
1898 3>s J & D (

312

*1886-87

Water
do
do

62,973

about

7
7
7
7
7
7
6
3

& Seneca St.. 1886

do
do
do
do
do

1,

Buffalo is in Erie County, and
of the entire county.

*1888-90....

Tax loan

1

I
c.
the city's tax valuation is

1883

do

CONRAD
Mavor.
TUTTTT'TT' A T r\
oUr
^ ALU.Jerastus DIEHI
kn GHT, Comptroller,
5

Trunk

Babcook
do

City.

Population 1890

$350,000
50,000
July 1, 1919
J
100,000
July 1, 1921
J
100,000
J
Jan. 1, 1923
95,000
D Dec. 1, 1924
100,000
J
Jan. 1, 1924
100,000
J Jan. 1, July 1, '25
200,000
J
Jan. 1. 1924
100,000
J Julv, 1910-1928
80,000
A
Feb. 1, 1927
120,000
J
Ja-i. 1, 1925
50,000
J
July 1, 1921
200.000
J Julyl,1924&'26
100,000
July 1, 1910
J
50,000
J
July 1, 1926
30,000
Jan. 1,1901-1917)
JT 5
46,750
$2,750 yearly. J
I
J
April 1, 1917
30.000
June 1, 1917
J
8,946
Dec.1,1900-1917)
J A °\
49,500
$2,750 yearly.
1,1900-1918
J & J J'ne
$12,500 yearly. j 237,500

7

Sewer Loans:—

4.

Bird Avenue

When Due. Assessed val., real ....$31,713,446
LOANS
Court House Bonds—
Assessed val .personal 3,121,588
1 900 to 1904
4s, F&A, $50,000
Total valuation 1899.. 34,835,034
Tux rate (per M.) 18s>9
($10,000 annually.)
23-90
1

1915-'16-'17
Jan. 1, 1918

J
J

7

Buff.&JamestownRR.1893 312 J

is

Bond, debt Feb.

-Principal.Outstand'g.

When Due.

Payable.

S

BROOME
CO.—John A. Rider, Treasurer.
County
Binghamton.
seat

—

LXX

:

Ref und'g Park Bonds. 1898

.

N.Y City. On remaining loans, City Treasurer's

Rate

1870
1871
1871
1872
1873
1873
1874
1875
1876
1886
1887
1890
1891
1894
1886
1886
1897
1897
1897
1897

do
do
do
do
do
do
do
do
do
do
do

.1900-1906
7,000
($1,000 aunually.)

station bonds in

Interest.

,

name and purpose.
2. Bonds for Parks

Vol.

7
7
7
7
7
4
4

4
4
313
3i2
3i2
3i2
3ifl
3ifl
31?,

3i*

J

Aug.

4
3i2
3i2
3i2
3i2
3i2

J

J

&

3Vb
3i2

200,000
100,000
100.000
300,000
79,382
50.000
100,000
100,000
90,000
100,000
1 00,000
100,000
50,000
100,000
57,000
275,000
100,000
225.000

Apr. 1, 1905
July 1. 1906
Aug., 1908-09

1908
1904
Sept.
1904
Apr. 25, 1900
Apr. 1, 1901
July 1, 1905
Oct. 1, 1903
Mch. 1, 1906
Apr. 1, 1906
June 1, 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 '00 1914
Jan. 1, 1916
July 1, 1916
Oct.

July

J
J

J&D
M&S
A&O

3i2

1901

Sept. 1, 1903

& J

&

2,

(
]

1,
1,
1,

)

FREEDOM FROM TAXATION.-The

on June

1.

45.0C

50,000
100,000
50,000
1 00,000
100,000
100.000
150,000
50.000
100,000
1

1900-1917.
$20,000 yearly

(.

175,000
30,000
30,000
200,000
200.000
200,000
859,332
527,765
571,946
466,003
192,748

Aug. 15, 1903
Oct.

A&O
J & J
J & J
F&A
A&O
J&D
J & J

3i*
3i2
3i2
3i2

1917

June 28, 1900
Aug. 1, 1900
Dec. 1, 1901
Oct. 1, 1902

M& N

31?.

1,

238,000
300,000

;
-

360,000

1

1900-1918.
47,500
Apr. 1901-'19
95,000
Buffalo trunk sewer, the

Chicago lire relief bond* and the refunding water bonds of 1898 and
1«. 99 are exempt from city taxation.
INTER EST— HERE PAY AB LE.— Interest on the bonds is payable
by City Comptroller in Buffalo and by the Gallatin National Bank in
New York, as follows
,
Interest Payable.
School bonds.
In both If. T. & Buff.
In New York only—
Swing bridge.
Buffalo Trunk sewer.
Volunteer relief.
>

W

•

Sewer bonds—
Hertel Avenue.

Babcock & Seneca St.
Bird Avenue.
Bailey Ave. sewer.
Buffalo Charter, 1891.

Market bonds.
Plank road awards.
Muni cipal Court b'ld'g.
In Buffalo only

—

Deficiency loan.

Monthly

local

work.

City and County
Grade crossing.
Park bonds.

Hall.

Railroad bonds.
Refunding bonds.
School bonds.
Tax loans

Water

loans.

TOTAL DEBT, SINKING FUNDS, Etcju/j/ 1,1899.

Total bonded debt
Sinking funds

$15,555,605
1,371,089

Juiyl, 1898.
$16,079,628
1,257,845

July 1,1897.
$13,803,079
537,043

$13,26P,036
$14,821,783
$3,821,882
$3,515,882
in the city's own bonds. In addition to the indebtedness as given above, there was outstanding on July
1, 1899, $1,034,571 98 local warrants collectible by assessment.
CITY PROPERTY.—The city owns real estate estimated at $10,752,207; personal property valued at $9,776,608; total, $20,528,815.
This total Includes the water works, real estate, valued at $690,405
and personal property valued at $7,577,526. The total resources of
the city on July 1, 1899, including the above property, were figured
by the Comptroller at $23,554,040 and the total liabilities at $15,748,353, leaving $7,805,687 as the excess of resources over liabilities.
$14,184,516
Net debt
Water debt (i-ncl. above) $3,791,882
The sinking funds are all invested

ASSESSED VALUATION.—"Assessment is made upon the nominal
real value."

it

H. M. Barker,

LOANS-

.July

1,

1919

J&J, $40,000.. .July

1,

1909

.

Water Bonds—

3*28,

CATSKILL.-J.

H. Story, Treasurer.
name

When Due.

LOANS—

($1,000 each.)
4s, J&J, $142,000.. $5,000 duey'rly

Town Iron Bridge Bonds—

June 1,1900
<$2,000 due yearly) to J'no 1, 1901

J&D, $t,000

CATTARAUGUS

4,000

Village tax valuat'n, "98.2,877,630
Town tax valuation,'98. 4,376,507
Population of village, 1890.. 4,915
Population of village 1897... 6,000

CO.

the county seat.
Little Valley
Refunding Bonds— When Dae.
4s, ..... $50,000.. Mar., 1900 to'04
Bonded debt Feb. 1, lyOO. $50,000

Bonded debt Mar.l ,1900. $179,600
Tax valuation, real.... $22, 192,934
Tax valuation, personal 2,914,828
Total valuation 1899.. 25,107,762
Assessment is 4-5 actual value.

Population in 1892 was

-Wm. Ely, Treasurer.

45,205

Ba.vtlky, 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., 1908to'17

city of the

When Due.

Bonds—

$6,800... Feb. ,1901-1908

($850 due yearly.)
City Hall Bonds—
Oct. 1,1902
4s, $3,000
Oct. 1, 1903
4s, 25,000
($5,000 due yearly) to Oct. 1, 1907

School Bonds 1H'.)o—
M&S, $26,000. Mar. 1, '18 to '30

4s,

($2,000 due yearly.)
4s,

M&S, $500

Tot. city debt Jan.
River Bonds 18964s, J&J, $100,000. July l,'26to '35 Sinking funds

Mar. 1, 1931
$225,550
34,535

1, '99..

Tot. valuation of city '98.5,86 1,240

($10,000 due yearly.)

Greene County.
Interest on village bonds is payable
at the Catskill National Bank.
Village debtMar., 1899.. $142,000
in

$55,000... March, '09-'16

*S5,000 yearly to '13, inc., $10,000
to '16.
Int. payable at County Treasury.

1908)

1,

F. J.
CORNING.—
including the
City Bridge

Village Hall Bonds—
3 438. J&J,*1 1,000. Jaa. 1909-1919
Town debt June, 1899....
Village Water Bonds—

4s,

($3,000 yearly to Mar.

F&A,

(

1903 1909

M&S, $20,000

4s,

M&N,

4,

Armory Bonds—

4s,

.

Funking Bonds—

Due.

4 & 3^28, $7,000. ...March 1, 1901
4&3^s Mar.l.$6,000.Mar. 1, 1902
3^8, Mar. 1, $35, 000.... 1903-1909
($5,000 due yearly on Mar. 1.)
3^s, Mar. 1, $12,500. Mar.l,'10-'ll
313s, Mar.l, 20,000.Mar. 1, 1912-3
3^8, Mar.l, 24,100. Mar. 1, 1914-8

LOANS—

Clerk.

'99.. $75,800
6,000
Sinking fund assets
Assess'd valuation 1899.1,198,755
22-86
Total tax (per M.) 1899 ..
2,746
Population in 1898 was.

the town of the same

is in

This village

14-18
15 02
15-39
14-68
14-16

Lawrence County.
When Due. Bonded debt Sept.l,

Sewer Bonds—
3^8, J&J, $35,000

1804

When

LOANS—

Refunding Bonds—

This town,

in St.

is

$1,000.
$18-21

was 155,134;

CANTON.—
This village

fter

1892 population was 278,796; in 1880 it was
in 1900 estimated at 400,000.

POPULATION —In
255^664; in 1880

Total.

$236,268,895
245,674,630
247,388,275
238,972,345
234,651,400
162,359,450
89,232,485

$17,730,980
15,249,110
16,689,465
13,486,550
14,360,710
11,003,125
7,523,580

*218,517,915
230,425,520
230,698,310
225,485,795
220,290,690
151,356,325
81,708,905

1899
1898
1897
1896
1895
1890
1880

City Tax

-Assessed Valuation.
Personal.

Real.

Tears.

13

NEW Y0HK— CITIES #W& TOWNS,

April, 1900.

10.118
1936-1939 Population, city, 1890
J&J, $35,000
($10,000 annually 1936-1938 and Population, city, 1897 (est.). 12,000
Population, to wn,1893(est.) 12,000
$5,000 1939.)
INTEREST is paid by the Knickerbocker Trust Co., New York.

4s,

Geo.
CORTLAND.—
town

Clark, Village Clerk.

of Cortlandville, is in Cortland County.
1902
When Due. Union Sch'l 3»48 20,000
Sewer bonds, 4s. 58,000 10-20 yrs
Paving Bonds
4s, J&J, $23,800 ... .Jan. 1. 1920 Bonded debt Mar.l, 1900 $172,577
Jan., '01-'10 Assessed valua'n 1899...6,000,000
4s, J&J, 15,056
10- 20 years Population in 1890 was
8,590
14,776
4s,
,

This vi llage, in the

LOA MS—

1

.

Nor. School 4s .$14,000

is

Assessed val'ation '99.$25,153,643
Population in 1890 was ...60,866

CORTLANDVILLE.—
Cortland
town,

village, is in

including

This

Cortland County.

When Due. Town debt Nov. I, 1899. $141,000
LOANS—
Tax valuation, real
6,257,040
TOWN DEBT—
I

w
CAZENOVIA.-| A.

|

Refunding Bonus—

'

I

Cazenovia

in

is

E.

FITCH, Village Clerk

3128,

Madison County.

valuation, real
$810,625
valuation, personal. 137,400
Water Bonds—
948,025
3^28, M&N, $41,000... Nov. 1, 1914 Total valuation 1899
Assessment about 60% actual val.
Sewer Bonds—
May 1,1915 Total tax (per $1,000) .'99.. $26-40
4s, M&N, $31,000
Population in 1900 (est.)
1,945
Interest payable in New York.
1,987
Total debt Feb. 1, 1900. .$72,000 Population in 1890 was
TAX FREE.— All bonds issued by this village are tax exempt.
. .

PUCCTPD
OrU±.o Cutx
1

This village

J

-

,,-.

E NOONAN.Clerk.
-

j)

jrland,

LOANS—

Water Works—

When Dae.

INTEREST

Total valuation 1899

Assessment about

Dec. 1,1917
4s. J&D, $53,000
Total ;debt Mar. 1, 1900... $53, 500
Tax valuation, real
343,375
Tax valuation, personal .142,280

on the bonds

is

$485,655

^ actual value.

rate (per M.), '99

$2260

Population 1890 was
Population 1900 (est.)

.1,300

Tax

)

DEER PARK.

1,485

payable at the Chester National Bank_
5

C.

This village

in Schoharie County.

is

LOANS-

When Due. Total debt Jan.

Sewer Bonds—
4s,

F&A, $11,500

Feb., 1901

($2,000 due yearly) to Feb.

1,

1906

(Part due yearly) to Feb.

1,
1,

1900
1917

Watkr Works—
3*88, F&A. $55,000... Feb.
School Bonds—
3^8, F&A, $9,000

1, 1900.. ..$75, 900
Village has no sinking fund.
Tax valuation 1899 ...$1,390,955
Assessment is 23 actual value.
State & Co. tax (per $1 .000) .$3-17
City and school tax, '99... $10-70

Population in 1890 was
Population in 1899 (est.)

1,822
2,600

1907-'ll
1$2,000 due yearly.)
INTEREST on sewer and school bonds is payable at First National
Bank, Cobleskill, on the water bonds at the office of the State Comptroller,

Albany.

COHOES.— Miller Hay,
This city

is

in

LOANS—

Cemetery:

Bonds—

00

When Due.

July 1,1900
due yearly) to July 1, 1905
($5
4s, J&J, $5,000
July 1, 1901
City Hall Bonds—
4s, Ann., $30,000,... Doc. 15, 1909
($5,000 due yearly) to Dec. 15,1914
4s
$70,0oo.... Dec. 15, 1915
($5,000 duey'rly) to Dec. 15, 1928
City Hospital Bonds—
4s, .... $12,000.... July
1,1900
($1,000 duey'rly) to July 1, 1911
4s
1,1912
$5,000.... July

4s

$3,'

Chamberlain..

'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.)

DELHI. —This town
LOANS—
N. Y.

J&D, $3,000

Dec. 31,1900

J&J, $28,000. .July 1, 1900
($2,000 due yearly) to July 1, 1913
1,1900
7s, J&J, $11,000.... July
($1,000 due yearly) to July 1, 1910
4s, J&J, $65,000(c*r) July 1. 1918
Subject to call July 1, 1903.
Aug. 1, 1907
4s, F&A, $25,000.
($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
Improvement Bonds
July 1,1905
4s, J&J, $25,000
4s,
July
J&J, $1,933
Jan. 1,1905 ($5,000 due yearly) to
1, 1909
3 "us, J&J, 15,6S0...Jan.,'29to'Jl 4s, J&J, $14,000
Jan. 1, 1901
4s, M&N,
6.000. July l,'02to'04 ($1,000 due yearly) to Jan. 1, 1914
1932-'39 Bonded debt Mar. 1, '98.. $428,402
3>38, J&J, $40,245 88
Water debt (included) .... 249,000
($5,000 due yearly on Jan. 1.)
11,575,360
3^8, J&J, $2,426 67. .Jan. 1, 1937 Tax valuation, real
7s,

. .

DUNKIRK.This city

School Bonds—

Tax valuation, personal 1,064,850
$16,<00
July 1,190) Total valuation 1899.. .12,640,210
($1,000 due y'rly) to July 1, 1915 City tax (per $1,000) '99... .$12-00
6-60
4s, J&J, $15,0 O..July l,'09to'll State & co. tax (per $1,000)
Population in 1892 was
23,234
($5,000 duo yearly.)
4s,
July 1,1916 Population in 1890 was
22,509
$5.000
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.
.

.

COLLEGE POIN T— See New York
COLUMBIA
CO. -George H. Macy, Treasurer.
County
Hudson.
City.

seat

is

Delaware County.

Water Loan—
M&N, $60,000

4s,

1900-1908

is

in

May

1.)

CHARLES

5

Ami. Outstand'g.
$89,000
Street Improvem't bonds
64,608
Town bonds
2,000
Water bonds
123,600
Warrants
14,251
.

A/riD A.
A

5

City Clerk.

Chemung County.
Funding Debt Bonds -Contin'd.
When Due.
3*23. ....

Oct. 1,

1922-3-4

($30,000 yearly.

A&O, $25,000 g
Cemetery Bonds—
$4,500

.Oct. 1,'25

1900-1902

City Hall Bonds—
3^8, r, A&O, $5,000 g ..Oct. 1, '25
3*28, r, A&O, 60,000 g.Oct. 1, '26-7
3^s, r, A&O, 10,000 g.Oct. 1, 1928
10,000. .Sept.

1,
1,
1,

1929
1930
1931

$12.000.. Jan.
1 500. .Jan.

1,
1,

1910
1910

5,000.. 8ept.

414s,
414s,

M&S

30,000 .Sept.

4^s.

M&S,

Fire Department—
JA-J,

Funding Debt Bonds—
$i,000

4s,

($1

4s,
4s,

,

M&N,

1900-1904

,000 yearly.)

1905
$21,000
6,000 a Nov. 1900-05

($1,000 yearly.)

M&N. $14.000a

Nov. 1, 1906
3*gs,r,M&N. 7,000 a,Nov.,1900-06

48,

($1,000 vearlv.)

M&N, $20,000 a.Nov. 15.'07
4s,
M&N, 8,000a-Nov.l900-7
($1,000 due yearly.)
4s, M&N, $8,000
Nov. 1,1908
3 Hjs.r,

r,

3^8, r,

M&S,$20,000 g.Nov.15,

M&N, 20,000g.Nov.

'28
15. '29

M&S, 20,000 Sept, 1,1931
M&S, 3.000. .Sept. 1,1932

41.1s,

1903

$2,000

3^8, J&J.

Pavement Bonds—

312s,

($1,500 yearly.)

M&S,

Nov. 1.1909
...,$18.000
28.000.... Oct. l,'00-'27
($1,000 due yearly.)
3 ^s, ...,$28,000
3»fl8,

A&O, $90,000 g.

3*28, r,

31.3s,

Total debt Jan. 1, 1900.. $269,728
Total valuation 1898 ....3,211,024
Assessment same as actual value.
City tax (per $1,000) '98
$6-45
Population in 1890 was
9,416
Population 1896 (local est). 12, 500

H.

Dr.

LOANS—

48

Clerk.

the capital of

is

4s,

WIRTNER, Mayor

FLOOD. Mayor.
— }GEO.FRANK
W. WYCKOFF,

Bridge Bonds—
312s, r,

J.

IW. C. BAUMGARTNER,
Chatauqua County

LOANS—

. . .

4s,

in

School bonds

,

.

is

Total valuation 1899. ...2,376,831
Assessment about *2 actual value.
Tax rate (per $1,000) '99... $13-00
Population in 1890 was. ...11,483
Population in 1899 (est.)... 13,500

When Due.

& Oswego Midl'd RR.—

Elmira

Water Bonds—

Orange County,

Total debt Feb. 1,1900. $246,000
Assessed val'n, real
$1,120,125
1910-14 Assessed val'n, pers'l...
3^s,Ann., $30,000
142,375
valuation
1899...
due
May
Total
yearly
on
1.)
1,162,500
($6,000
312s, Ann., $102,000.. May 1, 1915 Assessment about *2 actual value.
Total tax (per $1,000) '99... $20-48
Interest is payable at Albany.
2,793
313s, Ann., $18,000.. Feb. 1, 1901 9 Population in 1892 was
Population in 1890 was
2,908
($2,000 due yearly.)
TAX FREE. -The bonds are exempt from taxation,

E7T

Fire Loan Bonds—
4s,

is in

When Due. Bonded debt Jan.l,l900.$195 000
Refunding Railroad Bonds— Assessed valuation, real. 2,252,131
3^8, F&A, $191,000. -Feb.. '01-'29 Assessed valuation, per'l 124,700

LOANS—

ri.L_lVll.r-t

Albany County.

767,127

Total valuation, 1899... 7,024,167
Tax rate (per $1,000) '99. $8-17
Population of T'n 1892 was 11,733
Population of T'n 1890 was 11,451

Francis Marvin, Cnairman

This town (P O. Port Jervis)

Ann., $36,000
($4,000 due yearly on

IRVING VAN VOR1S, Mayor.
porrTT
p^dt
OLJJrJLjrL.orvll_.JLi. — )a.
KILMER, Treasurer.

I

j

Taxvaluatiou, personal..

Railroad Commissioners.

313s,

T

|

1900-1915
,$96,000
(Part annually

4s,

($4,000 yearly to '05 $ >,000 from

Treasurer

Orange County.

in

is

5
J

I

(Part annually.)

When Due. Tax
Tax

LOANS—

I

1900-1918

$45,000

...

4s,
4s,

M&N,

27.00

1..

Nov

1,1932

Redemption bonds—

$235,000.. .1912-"21

3^8,

School Bonds—

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

r,

M&N,

$10,000. July 1. 1902
20,000 July 1.1903
23,500 July 1,1904
30,000 a..
Aug. 1,1907-8-9
($10,000 vearly.)
1911
$16. 500

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

4s, c,
3H)8,r.
4s, r,
48, r,
4s,
4s,
48,
48,
48,
4s,

2.00>a.May 1,'U
M&N,
M&N, 20.0i>0a.M«v 1. '10
MAN, 20.000^. Mav l.'ll
4.000 Mav 1, '01
M&N,
5.500 Mav 1.'02
M&N,
MAN,
8.00) Mav 1/05
M&N, 12.O00 Mav 1,'07
M&N, -21.000 Mav 1,'08
8.500 May 1,'09
MAV,
Sewer Bond

3s,
3s,
3s,

r.

—

M&S, $20.000a.Sept.l,'00

r.M&S,

20.(>00a.Sept.l,'01

r. MAS,
10 000a..Sept.l. '02
3^8. .. ..
9,000 ...Nov.,ln00-'0S
a $1,000 each, b $500 each, 1 A single bond for $4,000. g $5,000
each.
Coupon, r Registered.

11

ST/VTi:

The only provision for paying the

olty'a Indebtedness a> it matures
direct taxation, excepting the cemetery bouds, which are paid from

is

SUf fl£M£WT.

CJTY

jftflt)

cemetery funds.

TOTAL DEBT.—The subjoined statement shows Elmira's
bonded debt on the dates indicated

total

Feb. 1,'99.

Total bonded debt. $ 1,008,500

$1,020,000

Feft. 1, '98.

$1,026,000
$971,000
about two-thirds

ASSESSED VALUATION.— Assessed valuation is

actual value.

Real
Tears.

1899
1898
1897
1895
1890
1880

Property.
$l,53i',726

$15,711,485
15,518, lai
15,515,855
14,894,645
12,258,494
9.959.975

POPULATION— In
29,708; in 1880

is

$1695

$17,242,211
17.171,321
17,334.545
16,440,537
13,374,694
10.471.275

511.300

16-98
16-98
17-18

1415
13-15

1892 population was 29.911; in 1890

it

was

In 1900, estimated, 42,000.

ERIE COUNTY.—
County seat

Total.

1,653,190
1,818,690
1,545,892
1 116,20u

was 20,541.

it

Ci'y Tax
per $1,000

Personal

Estate.

Buffalo

LOANS—

C>'t7NTY

J&J, $276,000. July, 1900 to *07
7s,J&J, 100,000
July 1,19)0
6s, M&N, 100,000 Nov. l,19ll-'14
4s,M&N, 17,500
151001904
J
($ ,500 yearly on Julv .)
1900-1901
4s, J&J, $12,000
($6,000 yearly on July 1.)
1900-1909
4s, M&N, *70,000
($7,000 yearly on Nov. 1
7s,

.

(* 10,000

every

fifth Year.)

Total debt Oct. 1, 1899.. $604,500
Assess'd val'n, real .266,965,564
Assessed val'n, pers'l. 13,835,199
Total valuation 1899 280,800,783
State & Co. tax (perM.)'99...$495
Population in 1892 was... 278,727
Population in 1890 was. ..322,981
Population '85(police cen.)403,026

1

)

FAR ROC K A WAY.—

See

FLATBUSH.— See New York
FLATLANDS. — See New York
FLUSHING.— See New York
This village

is

New York

City.

—

LOANS—

When Due.

$57,r>00

Aug.

City.

GENESEO.-W.
This village

is

When Due. Sinkius fund

$5,000
60.000
valuation, real
1,124,775
valuation, personal. 1,108,200
Total valuation 1899
2,232,975
Assesment about *s actual value.
Total tax (per $1,000) 1899. $7-79
Population 1900 (est.)
2.400
Total debt Dec. 1, 1899... $65,000 Population 1890 was
2,286
Accrued interest on sinking fund not included in above figures.
INTEREST on the sewer bonds is payable in Schenectady on the
water bonds in New York City.

Sewek Bonds—
J&J, $10,000. .Julv 1, 1900
31.2s, J&J,
10,000. .July 1, 1910
Water Bonds—
3*2S, M&N, $20,000. .May 1, 1907
3^8, M&N, 25,000. .May 1, 1917
4^8, M&N,
5,000. .Nov..*00'02

Net debt Dec.

1,

1899....

Tax
Tax

3^8,

j

;

GLENS FALLS.
LOANS—

-This village

When Due.

Sewer Bonds—

20 years
$167.000
(Part due yearly) after 15 years

3*28. Sept.,

Water Bonds—
4s,

J&J,

36,000..

;

!

1899 to 1917
$2,000 yearly
1900 to 1914

MAS ROfOO
8O,CO0..
J $5000

4„ M&fe,
48,

k

ycarly

seat

Tr.

is Catskill.

LOANS—

When Due. Tax valuation, real.. ..$11,820,751
Tax valuation, personal 1,609,040
$20,000.Mar. 1, 1901 Tax valaation 1899
13,42^,791
115,000.Mar. 1, 1902 Tax rate per ($1,000) '98
$S-84
I

War Loan—
3^s, M&S,

I

M&S,

312s,

|

Population in 1900 (ett.).. .32,000
Population in 1890 was
31,598

Interest pavable at Co'y Treasury.
Total debt Mar. 1, 1900 $135,000
.

HAMDEN. —

This town

is in

Delaware County.

)

is

in

originally included Far

is in Queens County and the
Rockaway, Hempstead, Inwood, Law-

rence, 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
channel between Rockaway Beach and Shelter Island, in the county
of Queens, to tbe Atlantio Ocean," became part of New York City,
under the Greater 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 mirth 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 decision of the
Supreme Court of the Third Judicial District at Albany Dec. 9, 1899.
See V. 69, p. 1357.
When Due. Ass'd valuation, real. .$10,241,723
Norton's creek Bridge Bonds — Ass'd valuation, personal 396.550
Total valuation 1897.. .10.638.273
$5.000
Tax rate (per $1,000) 1900. $17-60
Road Bonds—
July 1, 1901 Present population about.. 30,000
4s, J&J, $10,000
July 1, 1923 Population in 1892 was
23,991
4s, J&J, $293,000
23,756
Bonded debt Mar.l, 1900.$308,000 Population in 1890 was
(For debts of Hempstead School Districts see "Additional Statements" at end of New York State.)
INTEREST on the road bonds due 1901 is payable attheFr eport
Bank and on those due in 1923 at the First National Bank of Hempstead; other interest at the office of the Town Supervisor.
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
acres of meadow land.

LOANS—

Treasurer.

in Livingston County.

LOANS-

Greenbush
of debt.

HEMPSTEAD. — Hempstead

Bonded debt Jan.1,1900. $108,500

W. Killip,

of

amount

COUNTY.—Judson A. Betts,
GREENE
County

town

I,
1,
1,

($2,500 due y'rly) to Aug.

1897, the
see for

to Rensselaer,

Total valuation 1898
579,457
1,1915 Total tax per $1,000 1898. 17-65
...1900-1914
Population in 1892 was
3Hs, May 1, 21,200
1,455
($1,400 due yearly on May 1.) Population in 1890 was
1,507
.May
1,
1915
3*28, May 1, $32,000.
INTEREST is payable at the American Exch. Nat. Bank, N. Y. City

Floating debt
5,000
1900 Tax valuation, real
1,290.330
1922 Tax valuation, personal
220,380
4s. M&S, $20.000
8ept,
1930 Total valuation 1899.... 1,510,710
Village Hall Bonds—
Assessment abt. 80% actual value.
3i2S, A&O, $25,000
1901-1925 Total tax (per $1,000) '99. .$22-00
School Bonds—
Population 1890 was
3,400
312s, Oct., $6,000.. Oct., 1900-1905 Population 18^9 (estimated). 4,100
INTEREST on the water and hall bonds is pavable iu N. Y. City
and on the school bonds at the Comptroller's office, Albany.

F&A,

;

GRAVESEND. — See New York
— In May,
name
GREENBUSH.
which
present
changed

($600 due yearly on Feb. 1

GEO. K. MOORE, Mayor.

Water Bonds (1884)—

4s,

;

312s, Feb. 1, $13,000.. Feb.

\u. L. CUMMING, Treasurer.
Chautauqua County.

in

$6,183,690
$2360
6,098,005
22 50
20-60
6,178,163
31-40
4,362,089
4,379,335
3120
3,649,232
State and county tax rate in 1899 was $6 80; city tax proper, $9-60;
average school tax, $7-20; total, $2360.
POPULATION, according to State census of 1892, was 14,694The population in 1890 was 13,845 in 1880 it was 7,133 in 1870 it
was 4,518. According to local estimate population in 1900 was 19,000.

$6-7,600
673,000
748,500
341,950
446,000

$5,546,090
5,425,105
5,429.663
4,020,139
3,933,335

When Due- Total debt Jan. 1, 1898... $79,000
Tax valuation, real
Refunding Bonds—
527,471
1901-1914 Tax valua'n, personal
3*2S, Feb. 1, $8,400
51,986

City.

5

per $1,000.

LOANS—

City.

Tn'RTT'T^r^TVTT
A
r
Jre J^ 1JLJ IN 1 A.

1899
1898
1897
1896
1895
1890

Tax rale

,

Total.

Wlien Due.

KONDS— (Con.)

F&A, $30,000.. Aug.,'02 to *12

4s,

Real.

was

LOANS—

When Due.

Tears.

City.

JNO. W. NEFF, Auditor.
WADS WORT II J. ZITTEL, Treas.

County Bonds—

Assessed valuation
Personal.

.

Feb. 1,'97.

LXX

WORKS.— Net earnings from water works for eleven
months ending December 31, 1899, were $15,492-21.
ASSESSED VALUATION was formerly 13 actual value, but iu 1897
was greatly increased.

:

Feb. 1,1900.

Vol.

Warren County.

Interest payable in Glens Falls.
Bonded debt Jan. 1,1899. $338,000
Tax valuation, real
4,134,015
Tax valuation, personal. 1,692,381
Total valuation 1899.... 5,826,396
Assess, valuat'n abt. f 5 actual value
Vil. tax (per $1,000) J 899.. $10-62

Population in 1890 was
Population In 1899 (es. .).

.

. .

9,509
15,000

—

Glens Falls Union Free School District.
When Due. Bonded debt Jan 1, 1900.f35.000
LOANS—

TOWN

—
HERKIMER.When
Due.

This village

Electric-Light Plant—

Sewer Bonds
312s

Herkimer County.

July 1, $50,000. June 25, 1908
July 1,
7,000. Mar. 7, 1904
Total debt Dec. 1. 1898.. $142,000
Assessed valuat'n 1897.3,418,487
Assessm't is at actual value.
Tax rate (per $1,000) 1897.. $7-71
Population in 1897
4,907
312.9,

-

$25,000.... Aug. 1,1903
30.000.... Aug. 1.1913

....

in

3V2S,

1911

June, $14,000....
13,500
.....
3109
1H.000

4s,
4s,

5s,

is

Water Works—

LOANS—

School Bonds—

5s,

1917

.....$16,<00

I

bonds is payable in
on the water bonds at the State Capital, Albany, N. Y,

INTEREST on the electric-light

New York

City;

.

5s,

$35,00^
1900 to 1906
($5,000 annually on Dec. 1.)

Population 1899

(est.)

14,000

M.
HORNELLSVILLE.—
Steuben County.
This city

Chamberlain.
GLOVERSVlLLE.-jS: V. EVEREST,
STETSON,
B.

Clerk.

Gloversville, which is situated in Fulton County, was incorporated
a city March 19, 1890, having theretofore formed part of the town of
Johnstown.
When Due.
LOANSWhen Due.
LOANSDeficiency Bonds—
Railroad Bonds—(Con.) 4s, M&N, $28,000
May 1, 1922 3^8, A&O, 23,000. ...Apr. 1, 1913
Local Imp. Bonds—
3^8, F&A, 27.000. ...Feb. 1, 1917

.\600..Feb. 1, '01-'02
$2,800 due yearly.

4Hss, Feb. 1.

May 1, 1906
3^3,
$5,000
1900-1903
4^8,
2,700
4^s, Feb., 8,000. .Feb.. 1901-'04
419s. Dec-, 23,419 11. .1900 to '01
.

(V. 69, p. 1116, for maturitv.)
41op, Feb., $2,400. ...1901 to 1905

Railroad Bonds—

4s,

A&O, $14,000
A&O, 22,000

3^8,

Apr.
Apr.

1,
1,

1915
1911

School Bonds—

4s, Oct. l, $3,000. ..Oct. 1, 1900
3»a8, A&O, 18,000. Oct.l,1900-'04

3*4S.M&S,

16,000. Sep.l,1904-'07

Water Loan—
6s, Sept. 1,
6s, Sept. 1,
5s, Jan. 1,
3s, J&D,
3iss, J&D,

$23,000 ...Sept. 1,1902
23,000 ...8ept. 1,1907
17,500 ...Jan. 1, 1909
55,000 ..June 1, 1910
50,000 ..Dec. 1, 1917

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 Feb. 1, 19C0, was
$366,61" Water debt (included) $168,500. The city has no sinking fund.

is

When Due

LOANS—

SkWER HONDS—
4s, M&N, $100,000

1917-1926

May

29.)

Park Bonds—
July

$50.000

1,

1911

Paving Bonds—
,

.

TTirvcrwT

Bonded debt Fei>. 1, '00. $172,874
Assessed valuation, real. 4,' 66,175
Assessed valuation, per'l 382,074
Total valuation 1899
4.448.249

of

.

—

5

ALEX.

R.

**alue

Tax

rate (per $1,000) 1899. $2461
Population in 1890 was .. 10,996
Population in 1900 (est.) ...14,000

BENSON,

Treasurer.

tl U DoCJ IN
J WM. S. HALLENBECK,
The city of Hudson was Incorporated in 1785.
r

1900-1903

Assessment atiout actual

$3,374. ...Nov. 20, 1900
l9«O-1903
6s, ann.. 12,00u
($3,000 yearly on Oct. 3.)
6s

$7,500

6s

($2,000 yearly on June xO.)

<«10,000 yearly on
4s, an.,

B. Smith, Clerk.

in

Clerk.
It is the

county seat

Columbia County.

When Due.
LOANSFunding Bonds—
7s, F&A. $3,000. Feb. 10, 1901- 12
1, 1905-'14
Street Improvement Bonds—
1, 1912-'16
4a,F&A, $25,000.. Feb. 1, 1904'08
($2,000 yearly).
May 1, 1918 4s, F&A, 25,000. ..Feb. 1, 1909 '13
M&N, $6,000

LOANS—

Cemeterv Bonds—
4s, F&A, $20,000. Feb.
4s, A&O, 10,000. Feb.

When Due.

4s,
(.62,000

due yearly) to May
Deficiency Bonds—

1,

1920

4s, Apr., $10,000.... Apr. 1,1901
1, 1902
10,000
4s, May,
25,000. July 1, 1900-'12
4s, July,

May

4s, Feb., 19,000. ..Feb. 1, 1914-'23
4s,
25, 000.. Mar. 1 1, 191o-'27
312s. Aug., 6,000. .Aug. 1,1908-'13
4s. F&A, 15,C00.Feb.. 1914 to "16
4s, F&A, 10,000. . . .Feb., 1917'18

M&S

April,

IMilW

l'.MM).

\When Due.
LOANS—
Refunding Water Bonds—
4s, FA A, $10,000.... Feb. J, 1903
4s, F&A, 10,000.... Aug. 22, 1908
4s, F&A, 10,000... .Aug. 22, 1909
Refunding Loan—
4s, F&A. $7,000.Fcb. 10, 1901-'O4
School Bonds—
1, '00-1901
Feb. 1, 1907

4s, Oct., $15,000... Oct.

4s,

Feb, 4.000

4s, F&A. 20.000.. Feb 1,
3>28, Aug., 6,000. .Aug. 1,

INTEREST

is

Bonded debt Feb. 1 190O.$30 1,750
Sinking f u nd
4,t 00
Net debt F»t). 1, 1900.... 300,150
Ass'd valuation, real
3,996,930
Aas'd valuation, pers'al. 1,093,8 14
Total valuation 1899. ..5,090,774
Assessment about 5s actual value.
Tax rate (per M.) 1899 ..$25-8152
Population 1890
9,970
Population 1899 (est.)
10,000
,

.

.

1908 '11

payable iu Hudson at the

LOANS—

1906
,$10,000
Julyl, 1922 Bonded debt Dec. 1898.. $152,000
Is, J&J, $95,000
valuation
1912
Tax
1896
1,373,085
Subject to call after July 1,
Real valuation
2,746,170
Sewer Bonds—
'99.
Tax
rate
(per
37-60
to
1915
$1,000)
1900
4s,
$16,000
Population
in
1890
was
1914
4,057
3s,
30.000
10,50"..... 1908 to 1911 Population iu 1896 (est.)
5,000
4s,
($2,500 yearly on July 1.)

Platt, Clerk.

in

$16,fi42
When Due. Miscellaneous bonds
Total debt March 1, 1900.227,046
19 16 to 1926 Exempt valua'n, 1900.-10,212,500
...., $20,000
Unexempt valu'n, 1900 7,500,000
($2,000 due yearly).

LOANS—

Bridge Bonds—

Sewer Bonds—

Assessment about

J&J,$125,000. July 1 ,'06 to'26
City and Town RR. aid—
1901
7s,
$100,000
School bonds
$44,000
Paving bones
21,401

4s, g,

This city

is

.

M&N, $65,000.... Mayl5, 1925
Electric Light Bonds—
June 1, 1901
4s, J&D, $30,000
32,000
Dec. 1,1903
•4s, JAD,
Fire Department Bonds—
J&D,
Dec. 1,1903
4s,
$7,000
Paving Bonds—
Oct. 1, 1905
4s, A&O, $13,000
4s, J&J,
3,000
Jan. 1, 1907
4s, A&O, 18,000
Apr. 1. 1909
312s, A&O, 6.00J
Oct. 9, 1907
Nov. 1909
3^3, J&D, 1 1,700
Jan,
1910
3^8, J&D, 6,100
4s,

Sewer Bonds—

3^8, M&8, $50,000... Mar. 1,1923
4s, J&D, 111,000. .. .Dec. 1, 1923

When Due.
J&D,$5,400..Dec.l901 to '09
J&D,6 1 ,500 Dec. 1 901 to '09
J&D, '4,700 Dec.l9< to'10
Paving Certificate Fund
5s
$3.000
1901-1902
5s,
7.000.... 1901 to 1902

334s,
4 s,
4s,

.

.

,

($5,000 yearly.)

Refunding Bonds—
5s

do
do
do
do
do
do
do

4

,

$5,000

School Bonds—
J&D, $83,000
June 1, 1915
Bonded debt Feb. 1, 1900. $539,700

Floating debt
..10,000
Total valuation 1899. ..10,758,689
Assessment about actual value.
Total tax (per $1,000) '99.. $22-71
Population (local authority) .26,000

J&D,
J&J,

,

Jamestown.

4

O
4^ A & u

Johnstown and the

city of

LOANS—

Johnstown.

New Town

When Due.

Refunding Bonds—
F&A, $8,000
1901-1904

4s,

....,

Bonds-

15,000
,

13,333

\

5

4
45,000
)
I
4
24,000
M & N Nov. 1. 1903
Paving bonds
1898 4
30,000
3>*s
&
D
June
I,
1904
1899
J
do
do
63,00
INTEREST on the water bonds due Oct. 1, 1910, is payable at the
bank of D. Powers & Sons, Lansingburg on the sewer and street
bonds, at the Treasurer's office all other bonds at Nat. Bank of Comdo

5

.1892.

;

;

merce,

New York

TOTAL DEBT.— The

total bonded debt on Aug. 1, 1899, was
$33e,333, including water debt of $215,000.
ASSESSED VALUATION in 1897 was: Real estate, $6,130,620;
personal pronerty, $503,142; total, $6,633,762; tax rate (per $1,000:
$7-35. The assessment is about 80 per cent of actual value. Total
valuation for 1899 was $5,834,852.
POPULATION—The population in 1892 was 11,048 in 1890it was
in 1899 it was (estimated) 14,000.
10,550; in 1880 it was 7,432

Lansingburg Union Free School
Treasurer Board of
When Due.
LOANS.
4s, J&D, $30,000 Dec. 1, 1900 to '14
$2,000 due yearly.
lwl5to 1931
4s, J&D, $34,000
($2,000 annually on Dec. 1.)
Int. payable in New York City.

W.

J. Shelliday,

LEWISTON. — This town
$15.000
173,000..

4^s

1.

.

is in

Niagara County.

valuation.personal.. $23,815
Total valuation 1898
1,550,363
Assessment about actual value.
Tax rate (per$l,000). 18o8.$i4-56

Railroad Aid Bonds—
5s

Dist. No.

Education.
Total debt Feb. 1,1900..
$64,000
Tax valuation 1899
6,519,941
Asseas't about 9i p. c. actual value
School tax (per $1,000) '99.. *5-81
Value ofsch.prop'ty '99. $150,000
Population in 1900 (est)
13,000

Tax

LOANS-

Bonded debt Sep.

20, '98. $188,000 Population in 1890 was
2,577
valuation, real
1 ,526,548 Population 1898 (estimated). 2, 500
INTEREST is payable at the Bank of New York, N. B. A.

Tax

LIBERTY. — This town
LOANS—

is

in Sullivan County.

When Due. Assessed

valuat'n, pers'l.$161,319
Total valuation 1897
9-5,497
Tax rate (per $1,000) 1896 $2117
4s,J&J, $103,000
Assess't about 60 p.c. actual value.
$5,000 yearly after 1898.
Bonded debt Aug. 1, '98. $103,000 Population in 1890 was
3,357
824,178 Population in 1898 (est.)
Assessed valuation
4,000
TAX FREE.—All of the bonds issued by this town are tax exempt.
INTEREST is payable at Sullivan County National Bank, Liberty.

N. Y.

&

|

OS. Mid.

RR.—

I

Feb., 1901-07
Feb., 1908-13

$1,400
3.0C0

Old town debtNov.l.'99. $26,100
New town debt Nov. 1.
1889 (additional) .. ..
4,600
Bonds are tax exempt.
Town's assess'd val'n'99. 1,059,241
Assessment about H actual value.
Total tax (per $1,000) '99.. .$11-60
Population in 1890 was
10,959
Population in 1897 (est.)
20,000
INTEREST on the refunding bonds due in 1901 and those due from
1901 to 1907 in Johnstown.

JOHNSTOWN,
Fulton

;

J

School Bonds—
J&D. $22,500... June
<$2.500duey'rly) to June

is in

Water debt

(included)..
163,000
Assessed valuation, real. 3, 19 1,300
Assessed valuation, \h r'l. 725,350
Water Bonds—
Total valuation 1899
3,919,650
4s, ..... $122,500
1900-1918 Taxrae(perM) 1899
22-60
iis, ....,
40,500
1903 & 1908 Population in 1 900 (est.) ... 1 1 ,000
INTEREST ou school bonds payable at the Johnstown Bank.

NAME AND PURPOSE.

—

Interest.

—

,

,

Principal.

,

«r
,m°„„
Wallkill

3
7

J&J
J&J
J&J
J&J
J&J

Outstand'g
1900
$5,000
Jan. 15, 1911
25,000
Jan. 15, 1912
25,000
Jan. 15, 1914
36,500
Jan. 15, 1915
31,500
Jan. 15, 1901
169,200

Water bonds, 1896

3L> senii-au.

600,000

Deficiency

Refunding
do

4
3

<J°

-,VVL^
Valley
RR

J

(^oooyearfyj

City Clerk.
Cily Treasurer.

,

,

.

($2,000 due annually.)

Water Bonds—

J&J, $12,O0O.July 1900&'01
1906
83,000
3*88
1916
40,t00
s,

3*68, ....,

Assessment is at actual value.
Total taxrate(p.$l,000)'99. $17*22
Population in 1890 was
8.181
Population in 1900 (est.)... 11, 000

,

.

situated in

—
Niagara

ST. N.
\j, c.

VAN VALKENBURGH, Clerk.
HARRINGTON, Treasurer.

County.
When Due.
Intermediate School Bonds—
LOANS—
Fire, Highway & Lighting Bds
4s, M&N, $10,000 ...Nov. 1, 1916
4s, M&N, $7,250 May 20, 1900 Interest payable at City Treasury.
($1,450 yearly) to May 20, 1904.
Bonded debt i-ec. 9, '99. $289,365
Railroad Bonds—
Sinking fund
24,450
7s, J&J, $10,000
Jan. 1, 1901 Net debt Dt-c. 9,1899.... 264,915
Water Bonds—
Total valuation 1899
7,396,930
3igs, M&N,$18,666 66.Nov. 1, 19f
City tax (per $1,000) '99
lb -40
($2,666 67 yearly) to Nov. 1, 1906 Population in 1899 (est.) ..19,500
48, J&J, $8,000
1901-1908 Population 1890 was
16,038
($1,000 yearly on Jan. 1)
Population 1880 was
13,522
is

.

Union School Bonds—

1902
1913
1914

the city has a debt of $99,448 9- for
improvements, which is payable by special assessment. The city
owns $10,000 worth of stock of the Lockport Hydraulio Co.

When Due.

Payable.
365 J & J
4

Rate.

FOX,

A.

local

Phinney, Mayor.

the capital of Ulster County.

LOANS—

WARREN,

When Due.

M&N, $120,000.. Nov. 1,
($10,000 due y'rly) to Nov. 1,
3ias,M&N, $5,000.. Nov. 1,
In addition to the above

City.

CHA3.

Water Bonds— (Continued)
3^8, ....,$105.000
1917
J&r,
3^s, July, $65,000.. July 1,19*3
30,000
1918
J A- J,
($2,000 due yearly) to July 1, '35.
50,000... 19 j7 to 1916
School dist. loau 3h%
$15,000 Total debt Mar. 1, 1900.. $4< 6,000
($1,000 due annually on Nov 15.) Water debt (included) ..
320,000
Floating debt
6,000 Total valuation 1899
4,741,970

LOANS—

3J£S,

KINGS CO. — See New York
KINGSTON.—
James E.
This

H. W.

Herkimer County.

School Bonds—

This city

1A14
1923

15,
15,

LITTLE FALLS.—

I Or'K'LOOOT"
l_,L^O±Vlr<^in
1

JOSEPH A COLIN, Chamberlain.
WM. W. CROUSE, Clerk.

This city is in
County. [This city is responsible for part of
the $^6,ouO debt of the old town of Johnstown. See separate statement of town debt above. 1
When Due. Bonded debt Feb. 1 ,1900.$265,000
LOANS—
4s,

|

This city

($2,000 due yearly on Feb. 1.)
4s, F&A, $7,000
1901-1907
($1,000 due yearly on Feb. 1.)
4s, F&A, $10,000. .. .Feb. 1, 1901
As.F&A,
1,400.... Feb. 1, 1901
($200 due yearly) to Feb. 1, 1907
4s, F&A,
$3,000.... Feb. 1, 1908
($500 due yearly) to Feb. 1, 1913

d0
d0
1897
4
p
Promissory notes, 1899.... 4
Mar.
March, *00-'04
1,085
All the refunding bonds are optional and are now subject to call.
TOTAL DEBT.— The total bonded debt on Sept. 1, 1S97 (not including water bonds), was $348,200; no floating debt.
.

I

$20,000
15,000
30,000
40,000
60,000
25,000
10,000
60,000

|

S. Sammons, Supervisor.
This is a
in Fulton County. The city of Gloversville was
formed out of a portion of its domain in 1890 and the city of JohnsSown was subsequently formed. The old town debt given below
.(namely, $26,000) mutt be divided between the present town of

is

^

-Principal.
Due.
Outstand'g.

1904
Oct. 1, 1910
1914
1924
1934
Nov. 1, 1938
July 1, 1939
Aug 1, 1949
May 1, 1941
$2,000 on Apr. 1
each y'r until p'd.
1904-1912
$5,000 yearly.

I

JOHNSTOWN.—
W.
town

city

M&N
J&J
F&A
M&N

4
4
4

Refunding
Sewer bonds

4s,

50,000.. .. May 1, 1917 Population in 19n0 (est.)... 28,000
20,000... Mar. 15, 1918 Population in 1890 was
16,038
INTEREST 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 Un!on
Trust Co Jamestown; on all other loans at the Treasurer's office in
4s,
4s,

M& 8
A&O
M& S
M& S
M& S

4
4
4
4

Water bonds

;

LOANS

When Due.

When

Bate. Payable.

;

B.

\

Bonds—

Miter, Clerk.

Interest.

-

NAME AND PURPOSE.

in

LOANS—

City Hall

actual value.
Total tax rate (p. $l,000)'99.$24-30
Population in 1892 was. . .13,460
Population in 1890 was
11,079
For School District debt see Additional Statements end N.Y.State.
23

H. COOPER, Mayor.
1UW1N — <HENKY
JOHN
SHAW, Treasurer.
Chautauqua County.

A lVTPrc:T^O\A7M
JT A.lVlli,t3

II.

in

School bonds

Chester
ITHACA.—
Tompkins County.
This
4s,

is

4s,

,

is

Fkaxk
LANSINGBURG.Rensselaer County.
Lansingburg

School Bonds —

When Due.

Water Bonds-

city

ASSESSED VALUATION In 1898 of real estate was $11,177,705;
personal property, $2,135,725; total $13,313,430; tax rate (per
*1,000) 1897, $17366. Real estate is assessed at •' about 80 per cent
of its actual value." In 1880total assessed valuatioon was $6,577,904.
POPULATION— The population in 1890 was 21,261; in 1880 it was
18,344; in 1895 it was 21,565.

Herkimer County.

in

is

City Treasurer.

office of tlie

15

T0W1SS,

LOANS—

1905-'06

ILION. — This village

MD

YOflK— CITJUS

^^^^OO^uanyVsO.OOO

LONG ISLAND CITY.—
MAMAKATING.-C.
This town

(P. O.

Wurtsboro)

is

4e,
4*,

W. Piper,

City.

Supervisor,

LOANS—

When Due.

Total debt Mar. 1, 1900. $119,000
J&J, $28,000.. July 1. 1900'03 Assessed valuation 1S99. $663,290
Assessment abt.SO p.o. of full value
($7,000 due yearly.)
J&J. $24,000.. July 1, 1904'06 Total tax .per $1,000) 1S99 $27-65
Population in 1892 was
($8,000 due yearly.)
3,504
J&J, $27,000.. July 1, 19C7-'09 Population iu 1890 was
3,401

($!l,000due yearly.)
4s,

New York

in Sullivan County.

When Due.
LOANS—
Refunding RR. BONDS.
4s,

See

J&J. $40,000. .July 1. 1910*13
($10,000 due yearly.)

\vi uisboroWat. Bds.
A&O. $7,000 ....Oct., 1902-'15

Vn.i.v
4s,

i

46
STATE AND CITY SUf fttMEWT.
When
MARATHON.— Emv.
LOANSH. Barnes, Treasurer
Almshouse Bonds
County.
This village

is in

LOANS—

Cortland

When Due.

Watbk BondsIs,

Assessed valuation 1899 $609,775
rate (per $1,000) 1899.$17-22
Population in 1S90 was...
1,198
Population in 1899 (est.)
1,200

Tax
1900-1920

$27,000

Bonded debt Aug. 20,
Water debt (included;

'99. $35, 000

33,000

MECHANICSVILLE.-N.
MechaiHcsville

is

Bryan,

T.

Treas.

in Saratoga Co.

LOANS-

When Due

May
May
May

MAN, $23.000
M&N, 30,' oo
M&N, 52,000

1912
School Bonds—
4s,
1917
4s, Nov.. $23,000
Nov. 1 4s,
1922
($1,000 due yearly until paid.)
Bonded debt Feb., 1900. $203,000
Sewer Bonds—
Water debt (included) .... 140,000
4s, A&O, $40,000
Nov. 1, 1925 Tax valuation 1399
1,461,511
Water-works Bonds—
Population in 1890 was
2,679
5s, F&A, $35,000
Aug. 1, 1903 Population in 1896 (est.)
5,000
INTEREST on the school bonds is payable at the First Nat. BankMechanics ville; on others at the Hanover Nat. Bank, New York.
•Is,

1,
1,
1,

MIDDLETOWN.-|?
B^.^A?iK5SSr
This
Orange County. Bonds
by
the town
included
—
— WhenDue.
LOANS—
NAME AND PURPOSE.

-

Interest.

Rate. Payable.

^S&ra^tt}^

A * ril

4^

and

W0.000pd.jr.rly

$1

,

4s,

A&O,

4s,

A&O,

4
4
4

j

M&8
J & J
F&A

M&N

;

;

MONROE CO.—
County seat

is

LOANS—

Hamilton,

J. B.

Globe Fund—

3s, Ann.,
3s, Aug.,

DONOVAN,
MOUNT
MORRIS.— {£»£^RUSSELL,
town
F.

is

Supervisor.

Clerk.

7s, A&O,
4s, Feb..

Assessed valuat'n, real.$l,794,657
Assessed val., personal.. 159,335
Total valuation 1899.. ..1,953,992
Assessm't about 90% actual value.
Tax rate (per $1,000) 1899. $1087
Population 1890
3,761
Population 1899 (est.)
4,000

$55,033
1901
.1901-1911
11,000
yearly on Feb. 1.)
($1,0(
Bonded debt Dec. 1, 1899. $68,000
Sinking fund assets
11,000
Net debt, Dec. 1, 1899
57,000
INTEREST is payable at the National Park Bank,

MOUNT
VERNON.
Mount Vernon
is

EDWIN

>'

t

WM.

in Westchester County.

on March 22, 1892.

LOANS—

Assessment Bonds —

When Due.

N.

New York

W. FISKE, Mayor.

HOYT,

Clerk.

The city received

LOANS—

Water Bonds—

$278,000

City

its

charter

When Due.

1900-1902 5s, ....
$1,000
Oct. 1, 1900
F&A, 50,000. Aug. 1, 1903 Bond, debt Feb., 1900.. $1,412,000
M&S, 21,000.. ..Mar. 1, 1904 Sinking fund
138,641
F&A, 4 0,000.... Aug. 1. 1904 Net debt Feb. 1, 19C0.. 1,273,359
M&N, 25.000.. ..Nov. 1, 1904 Board of Education
M&S, 35 000.... Mar. 1, 1905
bonds (additional) ....
270,800
4e
40,000
1905 Assessed valuat'n, real. 22,233,455
Highway Bonds—
Assessed val., personal 1,366,170
4b,
$10,000. Aug. 1, 1906-'07 Total valuation 1899... 23,599,525
4e
,320,000
1908-1939 Tax rate (Der $1,0< 0)1899 .$1368
($10,000 yearly.)
Population in 1890 was
10,677
4e, M&N, $40,000. Nov. l,1940-'43 Population in 1900 (est.) ...25,000
4s, J&J,
30,000. .July, 1944-'46
School Bonds City of Mt.
5s,
5s,
5s,
5s.
5e,
5e,

,

. .

.

,

,

.

Sewerage Bonds—
J&D, $40,000. June, 1900-1907

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

Vernon—

4s,

J&J,

$5,000

Jan.

1905

2,

J&D, 110,000 June, 1908-1918 4s, M&N, 45,000
May 1, 1909
J&D, 5,000
June 1,1919 ($5,000 due yearly to May 1, 1917.)
A&O, 20.000..Apr. 1, 1919-'21 4s, J&J, $105,000... July 1,1918
3^s,M&S, 30,000. .Mar., 1922-1924 ($5,000 due yearly to July 1, 1938.)
Tax Relief Bonds—
3%s, F&A, $50,000.. Feb., 1939 *48
5s
$32,000. ...Feb. 21, 1901
School Bonds, District No. 5—

1

1901

.

. .

M&N,

15,580.. Nov., 1900-09
($1,558 due yearly.)

Water Bonds—
M&S,

1, 1900-03
($500 yearly.)
M&N, $6,000. May, 1900-11
($500 yearly.)
4s,
J&J, $10,000. July 1, 1900
4s,
M&S, 20,000. Sept. 1, 1901
4s,
M&S,
15,000 Sept, 1, 1902
4s,
M&S,
7,000. Mar. 1, 1904
4s.
M&N, 13,000. Nov. 1, 1905
M&S, 20,000. Sept. 1, 1911
4s.
4s,
F&A, 125,500. Feb. 1, 1912
4s
M&S, 44,000. Sept, 1, 1912
34s, M&N", 45,500 Nov. 1900-23
($1,750 yearly.)
312s, M&S, $18,000 Sept. 1, 1907
3s,
M&S, 20,000. Sept. 1, 1906
M&N, 12,750. Mavl,'00-'16
4s,
( £750 yearly.)
3128, M&S, $9,000. Mar. 1,1901-09
($1,000 yearly.)

4s,

5,

1935

.July 20, 1943

J&J, $7,500. ..June

1900-'14

1,

($500 yearly.)
3*28, J&J.
$10,000. July
3^8, M&N, 10,000. May

1,
1,

Paving Bonds —

1915
191C

M&N,

$8,681.. .Jan. 1, 1901-05
($1,736 yearly.)
J&J, $10,453.. .Jau. 1, 1901-06
($1,742 yearly.)
4s, J&J, $8,727.
Jan. 1 1901-06
($1,455 yearly.)
,

Sewer bonds—

3^8, J&D, $125,406. Dec, 1900-16

$2.000.. .Sept.

Refunding Water Bonds—

($7,377 yearly.)

3*28, ..... $62,000... 1900 to 1917
($1,500 an. to '16, $35,000 in '17.)

I

New Windsor's share, which is about one-eighth.
TOTAL DEBT, ETC.— The total bonded debt on March 1, 1900, was
*

Includes

The water debt

$757,973 54.

WATER WORKS— In

729

was $429,750.

(included)

1899-1900 water rents amounted

to $47,"

98.

ASSESSED VALUATION in 1899 was: real estate, $9,323,170
personal property, $1,589,100; total, $10,912,270; total tax rate
(per $1,000), $24-60. Property assessed about one-half actual value.

POPULATION—The population inl890 was23,263; inl90O, 25,000.

NE

W LOTS. —

See

New York

NEW ROCHELLE
This city

is in

M&N,

$12,000. Nov., 1904-15

City Hall

3*88,

I

Bonds—

J.

DILLON, Mayor.

A. J. SELZ, Clerk.

Sewer Bonds—
4&5s, A&O, $195,000 Apr. l,'08-'46
1947-1957
4s, A&O,
55,000
($5,000 annually on Oct. 1.)

Judgment Bonds—
J&D, $20,000.. Jul-, 1924-28
Certific's of Indhbtedness—

3*88,

1902-1926

25,000

J&D, 150,000. June, 1904-*33

Sewer Certificates—

j

i

A&O,

Optional
$55,000.
1900-1902
12,000
rOptional after 1898.)
5s, M&S, $26,122 20. .before 1905
Interest payable at New Rochelle

5s,
4s,

M.

I

3^, J&D, $13,000.June, 1904-U6
Street & Highway Impr'm't—
5s, M&N, $50,000. May 1, 1898-04
3^8,

City.

Westchester County

I

I

|

in Livingston County.

When Due
LOANS—
Railroad-Aid Bonds—

Aug.

1,437.

Pakk Bonds—
4s,

3*28,

Rochester.
W7ien Due.

Assessed val'n, per'L. $10,217,432
Court House Bonds—
Total valuation 1899.. 147,275,894
312s. F&A, $850,000
1904-1920 Assessment about 4-5 actual value.
($50,000 due yearly on Feb. 1.)
Tax rate (per $1,000) 1899.. $4-88
Total debt Feb., 1900.
$850,000 Population in 1900 (est.).. 200,000
Assessed val., real..... 137,058, 462 Population 1890 was
189,586
INTEREST and principal payable at the Am. Ex. Nat. Bk.,N. Y. City

This

$25,170

3»28,

WhenDue.
LOANS—
Fire Department Bonds—

Treas.

.

Nov. 1900 4s,

o^ov.T^

M&8

.

,

$6.500. ..Apr. 1, 1901-13
($500 yearly.)
$7,500.. .Apr. 1, 1901-15
($500 yearly.)

Fire Department
4 ».8, M&N, $700

$70,000

12,000
|
Mar. 1, 19oi
20,000
July 1, 1911
14,000
Aug. 1, 1911
40,000
do
1893
3^
M*r. 1, 1913
12,000
do
313 J & J
1888
July 2, 1918
100,000
Redeemable at pleasure of city July 2, 1898.
31*2
do
1890
Mch. 1, 1910
75,000
do
3*2 F & A
1893
Feb. 1, 1913
10,000
INTEREST is paid at city treasury.
TOTAL DEBT, ETC.— The total bonded debt on February 1, 1900,
excluding bonds issued jointly with town of Wallkill, was $283,000.
Sinking tund payments are made annually towards retirement of the
$14,000 water bonds of 1911.
ASSESSED VALUATION.— In 1899 the assessed valuation of real
estate, about *3 of actual value, was $3,627,205 of personal property,
$314,232; total, $3,941,437 total tax rate (per $1,000), $36-90.
POPULATION—The population in 1890 was 11,977; in 1880 it was
8,494. In 1899 (estimated) 15,000.
...

>.

A

.

Principal.
Outstand'g.

,

.

3 s, J&J, $24,000
Jan.
($2,000 due yearlyi to Jan.

4s,

issued jointly
this city
in the following statement.

city is in
of Wallkill are

School bonds, 1896
Sewer bonds, Mar., 1881
Water bonds, 1881
do
1891

P

When Due

School Bonds—

to 1904
Creek) -

LXX

Bridge (Chambers
1, 1912
4s, M&S, $10,000.Sep. 15,' 1900-01
Improvement BoNDh—
4s, M&S.
1,000... Sept. 15,1902 3^8,
$31,000
19001909
City Hall—
3k 8 MAS, 26,h67.Sep. 1,1900-09

4s,

H

LOANS-

Due.

1900

,$8,00o

4s

Vol.

NEW UTRECHT.—
NEW YORK CITY.

3i«s, J&J, $29,750.. July, 1904-32
IU01-05
69,75286
6s, F&A,

Bond, debt Mar.l, 1900. $652,122
Certif. of indebt. (add'l)
42.000
Assessed valuat'n 1899.15,208,320
Population 1890 was
8,318
Population 1899 (est.)
15,000
and New York.
See

New York

City.

ROBERTA. VAN WY'CK, Mayor.
BIRD S. COLER, Comptroller.
The consolidation provided under the Greater New York Charter
became effective January 1, 1898, and New York City now includes
5

(

Kings County, Richmond County, and the following portions of
Queens County, namely, Long Island City, the towns of Newtown,
Flushing and Jamaica, and part of the town of Hempstead. The
following statement shows all the indebtedness of the consolidated
city on Dec. 31, 1899, excepting that portion of Queens County and
the school districts lying therein located partly within and partly

without the Borough of Queens

Funded debt of New York Citv issued subsequent to Jan. 1, '96..
Funded d<*bt of New York City issued prior to Jan. 1, 1898«
Funded debt of corporations in the Borough of Brooklyn, in-

$52, 293,182 00
216,4(.2,'J4*

96

cluding Kings County
Funded debt of corporations in the Borough of Queens
Funded debt of corporations in the Borough of Richmond

77,680,225 93

Total funded debt Dec. 31, 1899
in anticipation of the collection of taxes.

$158,104,307 11
7,600 00

8,67,217 52
2,H61,3s6 70

Temporary loan

Total bonded debt Dec.
Sinking funds

31,

1899

$85?,111,«07 11
K'5,435,8ri 70

Net bonded debt Dec. 31,1899..

$262,676,035 41

The follbwing table shows the assessed valuation
the consolidated city for the year 1899
Real Estate. Pers'l Estate.

Manhattan
The Bronx.
Brooklyn
Queens

Richmond

Tax Rale.
$

Total

and

*
$
2,178.605,905 490,482,930
*609,822,267
45,270,713
103,752,600
6,314,032
40,264,692
3,83^,890

of real estate In

$

2,669,088,835
*655,092.980
110,066,632
44,103,582

24,804
23,642
32,744
24,237

,

5s

,

58,

,

5S.M&S,
5a, J&D,

60,000
22,000
50,000

..

Sept.
.Feb.

1,1900
1,

1901

Sept.'1. 1901
29,000.... Deo. 1,1901

M&S, 32,000
A&O, 60,000

Mch.

J&J,

,$27,000
Mar. 1, 1901
($2,000 due yearly to Mar. 1,19 13.)
4s,
,$13,000
Aug. 1,1900
($1,000 yearly to 1900 and $1,500
48,

Jan.

1.
1,
2,

Redemption Bonds—
5s, F&A, $4,000
Aug.

1902
yearly to 1908.)
1902
School Bonds, District No. 4—
19l3 4^8,
$26,300.. Sept., 1900'08

1,

1905

5p,
5s,
4s,

28,000

Oct.

NASSAU CO.— H.

M. W. Eastman, Treasurer.

Created Jan. 1, 1899. out of that portion of Queens County not
included in the Greater New York. For debt, etc., prior to formation,
eee Queens County statement. Since organization the county has
sold $100,000 3*% per cent 30-year gold <ourt-house bonds, and has
borrowed $24,000 for the payment of its estimated share of Queens

County

interest.

Total
*

*2,932,445,464

545,906,565 "3,478,352,029

Includes $985,200 of property liable for State taxation only.

APPROPRIATIONS AND EXPENDITURES-The

total appro-

POPULATION— The population of Greater New York

ie

priation for Greater New York in 1898 was $77,559,332 37. Expenditures therefrom to Dec. 1, 1899, $74,950,088 48. The appropriation
for the year 1899 was $93,520,082 03, and the expenditures therefrom
was $83,808,194 77. The appropriation for 1900 is $90,778,972 48.

;

under the borough to which they belong

NEWBURGH.d^^i^antS^'
Orange
The

Mayor

'

j

This city

in
County.
interest on the water bonds is
met by water rents. The Chambers Creek bridge bonds were issued
jointly by the city of Newburg and town of New Windsor, to be paid
in proportion to the taxable property of each.
is

estimated

at 3,654,594 as of July 1, 1009.
The tables which follow give full details regarding the indebtedness
of the consolidated oity and the various b jroughs and other divisions
forming part of it. We sho w first the bond issues made since the
Greater New York Charter went into effect. Then we add statements
reporting at length the indebtedness of the separate boroughs all
the districts, towns and other divisions being in each case grouped
:

GREATER NEW YORK BONDS.- Bonds

issued since con-

solidation.

The loans marked
paragraph mark
purposes.'

(IT)

F.) are held wholly in the sinking fund. The
indicates exempt from taxation except for State
(S.

NEW YbBK— CITIES ftW TOWNS.

April, 1900.

LOANS—

Interest.

-

—

-Principal.-

Rale. Payable.
When Due.
Outsland'g
NAME AND PURPOSECorporate Stock- Greater N. Y. Charter, See. ibg, Ohap.j'/S, Laws /&Q7,

Armories
Ain.

Museum

Nat. Hist. IT

do

do

Awatds

3
3ki
3ki

IT

ff

3

for ch'ge of g'de.

Metropolitan Mus. Art. TI
do
do
....IT
Botanical Museum
ff

3k
3
3^

do
do
IT
Paving Jerome Ave
if
do
do
....IT
Repaving streets
if
do
do
....f
do
do
..

3
3^2
3
3k;

3
3ki
3k)
3

Dept.Correctionbldgs.il
do
do
... IT
Dept. Public Charities IT 3
Dept. Street Cleaning.. IT 3

do
do
Health Dept. bldgs

3k

....if
....IT

3

3k
3k

Fire Dept. Bonds
IT
CourtHouse— AppellatelT

do
do
3
.11
Criminal Court House., if 3
New Hall of Records... IT 3

3k
3"j
3
3k

do
do
.1T
do
do
f
Docks and Slips, &c... If
do
do
IT
Imp. Wallabout Bas.. U
.

3

3k

Sch. Houses.Sites&bldglT

do
do
IT
do
do
IT
do Bor M .& B.1T
do
do
..IT
do Boro. Brjok.1T
do
do
..IT
do Bor. Queens. IT
do
do
H
do Boro. Rich.. IT
do
do
IT

do
do
do
do
do
do
do
do

.

High School &

sites....

3
3 Hi
3
3kf
3
>i2

3

3k
3

3k
3
3k
3
3k

IT

NewEastRiv. Bridge. .1T
do
do
....1T
do
do
IT
Con.&Imp.St.John'sPkIT
East River Park Impt.1T
Const'n&Imp.of Pkys.ff
do
do
..IT
do
do
IT
Imp. of Pub. Pks.& Pkys.
do
do
IT
Imp. Bronx Park
IT
Llb'ry Bdg..BryaDtPk.1T
St and Park Openings.
do
do
..IT
Public Park 111th St. -IT
do
do
..IT
Public Park— Houston St.
Bridge over Harlem R. IT
do
do
..11
do
do
..IT
do
do
..H
Bdg. Con'g Pelham Bay
Bdg. over Bronx Rlverif
Pub. Bldg. Crotona PK. IT
do
do
IT
Hos. Bldg. Gouv'r Slip.U
Pub. BathRivingtonSt.H
do
do
IT

3
3
3

3
3kt
3

3k
3
3k

.

Pub Pks. 28th-29th St. IT
Pub. Park in 12th Ward.
do
do
1T
Pub. Park— Hester St IT
Bdg.over tracks N.Y.C. IT
do
do
.IT
Bdg. Pt. & M. Br
If
Bridge over E. River. .if
do
do
..IT
Riverside Drive Ext... IT
Imp. etc., Riverside Pk1T
,

Imp., etc., Crotona Pk. if
Park, 54 th Street
U
New Pk.,&e. ,23,24 WdsIT
Melrose Ave. Viaduct.. if
Redeinp.Brk. Water L'nIT
Red. Ass. Bds. Park Av.H

do

do

Mem. Arch...
Buildings
Addition'l Water Sup'}
do
do

Soldiers

New

New Aqueduct

3

3k
3k
3
3
3 Ha
3
3ki
3k)
3

3

3k
3
3ki

3k
3
3
3

3k
3
3
3kt

3
3

3
3Hs
3

3
3
2**
3*5
3
3k)

IT

3
3

II

:«

IT

IT

3
313

If

3k

11

do
do

do
..ir
3k!
do
3
..1T
San. Prot. of Water.. .IT 3k
do
do
3
....1[
Laying Water Mains.. .IT 3 k
do
do
3
...IT
do
do BrklynlT J

Long Is. Water Plant.. 1T 3k
Water M'ns & PumpingiT 3
Assessment Bonds
Assessunent bonds
IT
3ki
8treet Improvements., if 3
Fort Wash. Road
3
.if
Streets 26 Wd. Brook.. If 3

M&N
M& N

1923
s.f.
Nov. 1, 1928
1929
1928
s.f.
Nov. 1, 1928
1929
s.f.
Nov. 1, 1928

$19,500
450,000
400,000
115,480
600,000
50,000
200,000
Nov. 1, 1928s.f. 160,000
Nov. 1, 1928
60,000
Nov. J, 1928s. f
5,000
Nov.l.'28A29
550,000
Nov. 1, 19?8s.f. 310,000
Nov. 1, 1910
2450.000
1928&1929
950,000
1928
s.f.
40,000
1929
s.f.
31,518
1929
s.f. 100,000
1929
300,000
1919
s.f.
44,287
1929
300,000
Nov.l,'28&29
625,000
1929
s.f.
75,000
1923
s.f.
20,000
1929
s.f. 150,000
1929
500,000
Nov. 1, 194
750.0(H)
1928
s.f.2075,294
Nov.l,'28&29
4600,000
1929
s.f. 100,000
Nov. 1, 1928
1820,785
Nov. 1, 1928s.f.ll53,981
Nov. 1, 1940
400,000
1909-1929 s.f.2375,367
1 929
1700,000
1929
s.f.
85,615
1929
1800,000
1909 1929 s.
17.1*50
19V9
500,000
1909
s.f.
3,000
1929
100,000
1929
s f. 245,352
Nov. l,'28-'29
2700,000
1929
1287,824
>'ov., 1910
1000,000
1916
s.f.
50,000
1911
s.f.
65,000
1914
s.f. 100,000
1923
s.f.
65,000
1929
100,000
1909&1921 s.f. 146,500
1918
15,000
1929
s.f.
63,000
1929
500,000

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
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
M& N
M&N
M& N
M&N
M&N
M&N
M&N
M & N

)

1914&1929 s.f.2771,168
Nov.
Nov.
Nov.

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

M&N
M&N
M&N
M& N
<te

1,
1,

1

M& N
M& N

M

1929
1928

1849,107
1738,3«2
1928s.f. 170,033
1920
s.f. 198,779
Nov. 1, 1928
1029,845
19
s.f.
40,000
1928
250,000
192m
1000,000
1919
s.f. 135,000
1919
s.f.
10,000
Nov. 1, 1928
75,000
1914
s.f.
2,500
Nov. 1, 1928
50,000
Nov. 1, 1928
50,000
Nov. 1, 1928s.f.
20,000
1921
s.f.
1,247
1921
s.f.
29,495
1929
13«.\000
1920
s.f.
31,908
1921
s.f.
33,000
1921
50,000
1921
s.f.
9,000
1928
s.f.
20,000
1928
s.f.
20,000
1928 & 1929
600,000
1921
s.f. 153,500
1U28
s.f.
30,000
1929
s.f.
941
1909-29
s.f.
5,000
1928
140,000
1929
s.f.1215,000
Nov. J, 1929
458,000
Nov. 1, 1929s.f.
10,801
1929
s.f.
5,000
1929
s.f.
1,000
1911
s.f.
23,000
1919
250,000
Oot. 1. 1917
2000,000
1918
1350,000
Nov.l,'12-'18s.f.ll50,000
Nov. 1. 1917
700,000
Nov. l,*09-'17«.f. 300,000
30't,000
Nov. 1, 1917
Nov. 1, 1917s.f.
50,000
1918
s.f. 100,000
Nov. 1, 1918
:>70,000
1918
10^,343
1,

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
<fe

Nov.

1, 1908
1907
s.f.

500.000
350.000

s.f.
s.f.

BOROUGH OF MANHATTAN AND

I

29,939
50,000

HE BRONX.

DEBT OF OLD CITY OF NEW YORK.
In the following statement loans wholly in the siukiug fund are dis.
tinguishedby s. f. prefixed to the amount outstanding. Loans exempt
from taxation have a paragraph mark (H) added to the title of the loan-

LOANS-

.

Interest.

—

.

NAME AND PURPOSE.
Rate Pauable.
a.— Secured by Sinking Fund Preferred—

Principal.

,

When Dae.

,

Outsland'g

M&N Aug.
Aug.
1900
$269,800
1900
1,004,500
5
M&N
Aug.
1900
57,000
6
Q—
Aug.
1907
20.000
6
M&N
Nov.
1902
63.000
WaterStock
7
M&N Nov. 1902 412,000
b.— Secured by Sinking Fund (Second Lien), Act of June
1878—
Oonso hdated Stock, gold.. 5
M&N Nov.
Nov. 1,1928
6,900,000
Consolidated Stock
M&N
H 4
Add'INewCrotonAq.Stk..
do
do
do
..
do
do
do
..
Croton Reservoir Bonds...
JVatorStock

6
7

M& N

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

3.

1,

1910

2,800,000

47

Borough* of Manhattan and the Bronx.— (Con.)

LOANS—

—Interest.

—

.

Principal.

,

Rate. Payable.
When Due.
NAME AND PURPOSE.
Outetand'g.
c.— Secured by Special Sinking Fund, Derived by Annual Taxation,
Act of June 3, 1878—

Additional Water Stock.. H

do
do ..IT
do ..IT
do
do
do ..IT
Armory bonds
H
do
do
do
do
do
do
do
do
1T
do
do
do
do
do
do
Assessment Fund Stock...
City Park Improv't Stock.
do
do
do

A & O
A & O
A & O
3k M & N
3
3k;
3

Oct.
Oct.
Oct.
Oct.

1933
1933

$100,000
300.0O0
1, 1933s. f.
45,000
1, 1916
1,750,000
Aug.15, 1904
200,000
Nov. 1, 1907*.f. 142,632
Nov. 1, 1907
250,00n
Nov. 1, 1907s.f. 213,500
Nov. 1, 1909
442,000
Nov. 1, 1910s.f. 884,115
Nov. 1, 1911s.f. 249,450
Nov. 1, 1914
270,500
1903
500
1904
s.f.
11,000
1,
1,

M<feN
M&N
M&N
3
2k) M & N
M&N
3
3 .M&N
M&N
3
3g M& N
M&N
5
M&N
5
Consolidated Stock—
M&N
Citv Improvement
5
1900
13,616
M&N
Nov.
N. Y. Bridge Bonds
3
1922s.
330,000
M&N
do
*May
do
5
1926s.f. 421,900
do
M&NNov.-May1900. 1926 500,000
do
5
Subject
do
M&N
do
5
1928
300,000
M&N
do
do
4
1928
866,666
"4." 3
M&N
do
do
1923
100.000
M&N
do
do
3
1925
120.000
M&N
do
do
3
1926
30.000
M&N
Metropol. Museum
Art 3
1905
25,000
do
M N
do
do
3
1913
727,000
do
do
do
1913
2k M & N
120,000
do
do
M&N
do
Nov.
3
1912s.f. 90,000
M& N
do
do
do
3
1907
40,000
do
do
do
3 kg. M& N
1916
200.000
M&N
Amer. Mus.
Nat.
3
Nov.
1913s.f. 595,000
do
do
M & N Nov. 1913s. 205,000
do
do
M&
do
do ..3
Nov.
1920s.f. 474,103
do
M&N
do
do
3
Nov.
1920
475,000
do
do
do
M&N
3
Nov.
50,000
1925s.
do
do
do
Nov.
1917
250,000
3kg. M & N
Temp'ybdg.ov. Bronx
M&N
3
1919
5,000
Bridge over Bronx River 3
M&N
1920
15.000
Brgov. Bronx 177th St 3
M&N
1919
30,000
Harlem
Br. "Wash'n".. 3
M&N
Nov.
1906s.f. 50,000
do
do
do
M&N
..3
Nov.
1907s.
350,000
do
do
do
M&N
..3
Nov.
1907
900,000
do
M&N
do
do
Nov.
..3
1903s.f. 800,000
do
do
do
M&N
..3
Nov.
1908
350,000
do
do
do
Nov.
2ks M & N
1909s.f. 385,100
do
do
do
M&N
..3
Nov.
1910s.f. 16,650
do
do
do
M&N
..3
Nov.
1910
178,300
do
do
do
M& N
1910
14.500
do
do
do
M&N
..3
1913
17,175
do
do
do
M&N
..3
1911
89,508
do
do
do
M&N
..3
1912
60,078
do
do
do
M&N
..3
1914
45,590
Harlem R Br. "Wash'n" 3
M&N
1915
39,325
do
do "Ship Canal" 3
M&N
1914
315,000
do
do
do
M&N
..3
1915
45,069
do
do
do
M& N
3
1919
36,573
do
do
do
M&
N
1920
3g
80,000
do
do Third Ave.. 3
M&N Nov.
Nov.
1914s.f. 100,000
do
do
do
..3 M&N
1915s.
3
3

s.f.

1,
1,
I,

to call after

*

f.

1.

s.f.
s.f.
s.f.
s.f.
s.f.
s.f.
s.f.
s.f.

Ser.

of

<s

..

..

1,

..

s.f.

..

..

of

His'y.
..

2ki

,V

..

..
..

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

f.

f.

R.

s.f.
s.f.
s.f.

R.

R.

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

..

f.

1,

1,

..

2ks

s.f.
s.f.
s.f.
s.f.
s.f.
s.f.
s.f.
s.f.
s.f.

..
..

1,

do
do
do
do
do
do
do
do
Br. ov.H.

do
M& N
..
3
do
..
3k!gM & N
do
..3
do
..
3k)gM&N
155th St.. 3
do
do
..3
do
do
..
N
3g
do First Ave.. 3

do
do
do
do
do

Riv. E.of B'way
Br'kAv.bdg.N.Y.&H.RR.
Br. over H.RR., 153d St.
Grand & Walton Av. Bdg.
Gansevoort Market

do
do .....
do
do
Ward's Isl.,&c.,Build'gs.
Morningside Park
do
do
Central Park
do
do
CitylmprovementStock.
Castle Garden imp. Aq'm
do
do
..
East River Park
do
do
do
do
Mount Morris Park
do
do
Rutgers Slip Park
Riverside Park
do
do
do
do
do (Women's Cottage)

NewParks,23d&24thW.
do

do

Van Cortlandt Park
do

IT

do

Fifth Dist. Police Court..

do
do
do ..
do
do
do ..
Seventh Dis. Police Court.
do
do
do

Repaving
do
do
do
do
do
do
do
do
do
do
do
do

if

M&N
M&N
M&N
M&
M&N
3
M&N
3
M&N
3
M&N
M&N
3
M&N
3
M&N
3
M&N
3
M&N
3
3
M&N
M& N
M&N
3
M&N
3g M&N
M&N
3
M& N
3
3
M&N
M&N
M&N
3
M&N
3
2k M&N
M&N
3
3
M&N
M& N
3
M&N
3
M&N
M&N
M&N
3
M&N
2kt M & N
3
M&N
M & N
3
3
M&N
M&N
3g M& N
M&N
3
M& N
3
M&N
3
M&N
3
M&N
M&N
3
3
M&N
3
M&N
3g M&N
3ktgM&N
2k;

2k:

2ks

2ks

2 k;
2k!

3

2k!

U

U

3k)gM&N

3d Ave

3k)gM<* N

3g

M&N
M A N
M&N
M&N
M&N

3

M& K

3

Columbus Celebration... 3
Mosholu Parkway
3
Public Driveway
3
do
do

do
do

Awards.Change
do

of Grade

3kgM&N

do
do
3kg.
New Municipal Building. 3
Washington Bridge Park 3
do
do
3 g
da

MA: N
M& N

M&N
M& N

1,
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.14O.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
s.f.
50.000
1922
s.f.
15,000
1907
s.t. 120,000
1908
s.f. 330,000
1909
s.f.
53,715
Nov. 1, 1902s. f. 496,800
Nov. 1, 1907 s .f. 331,000
Nov. 1, 1907s.f. 110,000
1907
s.f. 16^,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
s.f.
34,500
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
s.f.
75,000
1912
s.f.
75.000
1913
m.t.
39,189
1916 1917 s.f. 88,121
1920
199,000
Nov. 1, 1909s.f. 105,000
Nov. 1, 1909s.f. 895,000
1,000,000
Nov. 1, 1910
Nov. 1, 1911 s. fl, 000,000
Nor. 1, 1 913s. fl, 500,000
500 000
Nov. 1, 1913
Nov. 1, 1916
500,000
s.f. 525,000
1920
1920
700.000
1916
475,000
1917
000,000
Nov. 1. 191
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
s.f. 616.865
1910-1911
385,000
1912
s.f.
8,300
s.f.
1915
36,778
1920
640,000
s

?

4*

Vol.

Boroughs of Haiihatiuii and the Bronx.— (Con.)

LOANS—

Interest.

.

—

P.Ot. Payable.
NAME and PURPOSE.
Consolidated Stock— ( Con .)—
Gore of Land 135th St
3
M& N

Ward's Island Purchase.
do
do
do
Br. Approaches, Macomb
do
do
do
Parklmp (N. Y.City&Pel)
do
do
do
Corlears Hook Park
do do
do
do
do do
El'zone Plant Rlker's Is.
Cathedral Parkway
do
do
Mulberry Bend Park
do
do ..
do
Crotona Pk.,Pub. Bldg
do
do
do
do
do
do

Fire Department

do
do
do

do
do
do

Street &Park Opening. TT
Street Cleaning Dept

do
do

do
do

..fl

College of N. Y. City

do
do
do
do
....1T
High School Bonds
of
Records
NeV Hall
Bldgs for Rotan'l Mus'm
Riverside Park & Drive.
do
do
do

Repaving 3d Av., 23d Wd.
Avenue A
do

M& N
M N
M& N
g M & N
!
M& N
3g M & N
M& N
3
M& N
3
M& N
i< M & N
M& N
3
3g M & N
3g M & N
M& N
3g M & N
M
& N
3g
3
M&N
3g M & N
3
M& N
3
M& N
3
M& N
3iagM & N
3
M& N
313 M & N
3iagM & N
3g M & N
3^ M & N
3
M& N
3
M& N
3
M& N
3
M& N
3g M & N
3i2g.M & N
3g M & N
3
M& N
3g M & N
M& N
3
3
3
3

Avenue A
do
23d&24th Wds.
do
3i2gM
do
do
M
Paving Jerome Avenue.
3
M
Improv'nt of Parkways..
do
do
8 M
do
I
M
do

<te

& N
&
& N
& N
& N
Fire Hydrant
3_ M & N
do
3^2 M & N
do
do
3
do
M& N
Police Department
3g M & N
3i$gM
do
do
& N
do
do
M& N
3
do
do
3^gM & N
New East River Bridge. 3
M& N
do
do .. 3^gM & N
do
do
do .. 3^g M & N
do
Public Park (St. John's)
3*sgM & N
M& N
St. John's Pk. construct' n 3
Public Park, 1 Hth St... 3
M&
N
do 12th Ward.. 3
do
M& N
Fort Washington Park H 3 ^g M & N
Depression RR. Tracks.. 3isgM& N
do
do .. 3iagM & N
do
Extension Kings Bdg.Rd. 3
M&N
Improv'nt Pk.&Parkw's. 3isgM & N
do
do .. 3*2gM & N
do
do .. 3
do
M& N
do
do
do .. 3
do
M& N
S^gM & N
State Tax for Insane
do
do
3*2gM & N
3i<2gM & N
Redemption of Bonds
M&N
Red. Rev. Bnds.ParkAve 3
Pub. Pk.. St. Nicholas Av. 3
M& N
Main
Water
3
M& N
Croton
do
3^2 M & N
do
Public Park, 11th Ward. 3
M& N
M& N
Harlem R. Br. (145th St.) H
do
do
3
M& N
do
3
M& N
Pelham Bay Bridge
Public Park, 28th St
3
M& N
M& N
Public Park, Hester St.. 3
Viaduct, Riverside Drive 3
M& N
M& N
Imp. Sp'ten Duy v.Pkway 3
3
Melrose Ave. Viaduct
M& N
3
M& N
Depart, of Correction
do
do
3>2gM & N
Depart, of Charities
3
M& N
do
do
3>sgM & N
Ambulance Station
3
M& N
Hospital Building GouverneurSlip
3
M & In
Bldgs. for Public Health
3
M& N
and Comfort
Public Bath, Rivingt'n St. 3
M& N
Board of Health
3
M&
N
CourtHouse—Appel'teDiv.U3i2gM & N
do
do
do
3
M& N
Criminal Court-House Bds. 3
M& N
do
2*2 M & N
do
do
M& N
Croton Water MainStock.. 5
do .. 5
M& N
do
do
do .. 4
do
M& N
do
M& N
Dock Bonds
5
5
M& N
do
5
M& N
do
5
M& N
do
5
M& N
do
4
da
M& N
4
M& N
do
4
M& N
do
M&N
4
do
M & N
3
do
M
3
do
& N
3i2 M & N
do
M& N
3
do
M& N
3
do
M& N
3
do
do
21s M & N
do
2H) M & N
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
do
3^ M & N
M & N
do
.

.

.

When

Principal,
Due.
Outsland'g,

1916

s.f.$183.509
1913s.f. 147,359

LXX

Boroughs of Manhattan and the Bronx.— (Con.)

LOANS-

,

NAME AND PURPOSE.
Dock Bonds— ( on.) —

Interest.

—

P. Ot. Payable.

.

Principal.
Oulstand'g.

When Due.

do
Nov. 1, 1927 $3,000,000
H 3i2gM & N
do
Nov. 1, 1928
H 3^g M & N
1,750,000
1913
672,409
do
M& N
3
1928
s.,f. 250,000
1916
s.f.
69.388
do
3 gM & N
1925
1,160.000
1920
274,181
do
3^gM & N
1926-1927
2,000,000
Nov. 1, 19l9s.f. 690 000 Museum
of Art it Nat. His. 5
M
& N
1903
31,000
s. f.
Nov. 1, 1920
310,000
do
do
do
4
M& N
1903
s. f.
2,000
1912
s.f.
47,500 School-House Bonds
M
3
&
N
Nov.
1, 1908s. f.
25,023
1913
1,370,421
do
do
3
&
N
Nov.
1908
1,
3,575,945
1914
124,500
.do
do
219
& N
1908
s. f.
9,500
1913
s.f.
37,000
do
do
3
<fe
N
Nov.
1,
1911s.
11,336,872
Nov. 1, 1912s.f.
5.000
do
do
3
&
N
Nov.
1911
1,
897,205
1914
195,000
do
do
313
& N
Nov. 1, 1912
542,553
1924
1,584,371
do
do
3
& N Nov. 1, 1913
754,560
1920
100,000
do
do
& N
3g
1914
77,621
s. r.
1914
s.f.
5,000
do
do
& N
1914
809,013
1914
60,000
do
do
M& N
1914
27,000
1920
s.f.
65,111
do
do
3^gM & N
1911
806,502
1914
108,015
3i<2gM
do
do
& N
1914
84.694
1915
s.f. 150,000
do
3i3gM & N
do
1915
1,925,141
Nov. 1, 1916s.f. 300,000
do
do
N
3
&
Nov. 1, 1916s. f2,542,784
Nov. 1, 1916s.f. 300,000
do
do
3*2g M & N
Nov. 1. 1916 3,691,269
Nov. 1, 1918
1,868,867
do
(Sanit. Imp.) 3
&
N
Nov. 1. 1914
42,000
1914
s.f. 130,115
do
do
3^gM
<& N
1916
102,849
1912
133,000
do
do
&
N
3g
1914
f.
959
Nov. 1. 1916
150,000
do
do
& N
3g
1914
87,871
1914
47,000
do
do
3^
&
N
Nov.
1,
1916s.
f.
9.209
1914
204,250
do
do
3
M& N
1911
f. 450,000Nov. 1. 1915s.f. 350,000
1916
f.
5,000
d ,— Secured by Special Sinking Fund Derived from Annual Taxa1923
s.f. 105,100
tion Under the Provisions of the Constitutional Amendment
1921
s.f. 125,000
Adopted November 4, 1884—
1914
380,000
3
1^12
& N Nov. 1, 1904s, f$2395000
200,000 Add'l Croton WaterStock
do
do
2>2
1920
Nov. 1. 1904s
300,000
50,000
do
do
3
& N
1912
s.f.
1905
182,000
45,000
s
do
do
M
&
N
1920
3g
1914
100,000
200,000
3i2g
do
do
& N
1920-1921 s.f. 413,425
1911
400,000
3
& N
1917
1912
185,000 Additional Water Stock
175,000
do
do
3^ A & O
1922
Oct. 1, 1904
s.f. 125,000
1 ,500,000
do
do
3
A & O Oct. 1, 1904 5,000.000
1914
s.f.
700
do
do
3
A & O
1914
Oct. 1, 1904s. fl, 000,0
65,000
do
do
A & O
3
1914
Oct. 1, 1905
s.f. 100,000
5,000,000
do
dr.. 3 A & O Oct. 1. 1907 8,200,000
1925
50,000
do
do
A & o
3
1925
Oct. 1, 1907s f4,350,000
50,000
do
do
213 A & o
1907
Oct. 1. 1907s, f. 9 50,000
25,000
do
do ..
3
M& N
1912
1925
s, 14,569,50060,519
3
& N
1925
1912
250,000
100,000 Additional Water Stock.
do
3i<2gM
do
Nov. 1, 1918s
& N
1915
3,030,50o
14,000
do
do
3^gM & N
1916
Nov. 1, 1918
1,750.000
20,000
do
do
3g M & N
Nov. 1, 1912s. 11,383,500
1920
s.f. 137,325
do
do
...
3
& N
1914
1917
391.500
100.000
3
& N
1912
1918
s. f. 245,000300,000 Water Main Stock
do
do
3
&
N
1913
1916
s f.
5,000
554,565
do
do
& N
1916
3g
1914
250,000
s.f.
35,000
1917-1918 s.f. 88,690 Payable
from Taxation, or from Sinking Fund, if Approved by Com1921
s.f.
66,307
missioners, Provided Such Payment Sfiall Not in Any Way Impair
Nov. 1, 1918
867.S10
the Preferred Claims Thereon.— ( Section 6, Chapter 383, Laws of
1910
300,000
1878)—
1911
85,000
M & N Nov. 1, 1903 $336,600
7
1919
s.f.
2,000 Assessment Fund Stock
do
do
M & N Nov. 1, 1903s. f. 156,100
6
1917
123,000
do
do
6
& N Nov. 1, 1910s.f. 364,850
1918
175,000
do
do
6
M & N Nov. 1, 1910
1921
535,600
s.f. 102,000
& N
Dec. 23, 1901
1918
200,000
s.f.
37,000 City Pks. Imp'tFund Stk.. 7
do
do
do
6
& N Dec. 23, 1901s. fl,371,50O
1916
1,200,000
do
do
do
M & N Dec.23, 1901
6
266,500*
1915
177.000
do
do
do
..
M & N Sept. 3, 1902s. f. 685,000
6
1922
7,000.000
do
do
do
Con.
M
N
6
&
Jan. 1, 1902
862,000
1920
s.f. 100,000
do
do
do
M & N Sept. 3, 1902
..
7
465,000Nov. 1, 1911 s.f. 43,074
do
do
do
..
M
&
N
6
July
l.
1903s. f. 704,000
1918
s.f. 250.000
do
do
do
..
6
l,
July
1903
100,000
Nov. 1, 1918
400,000
do
do
do
..
7
M & N July 1, 1903
446,000
1920
s.f.
23,709
do
do
do
..
M & N July 1. 1904s.f. 125,000
6
.1918
s.t.
4,000
do
do
do
M & N July L 1904
6
100,000
1919
s.f.
96,000
do
do do
5
M & N July I, 1904s. f. 325,000
1916-1919 s.f. 35,000
6 g J & J
July 1. 1901
4,252,5001921
s.f.
16,096 Consol. Stock— City
do
County
6g J & J
July 1. 1901
1923
8,885,500
16,561
s.f.
7
M & N Nov. 1. 1900s. f. 44,000
1914
s.f.
65,000 Croton Water Main Stock
do
do
..7 M & N Nov. 1, 1900 2,184,000
1923
s.f.
55,000
do
do
..
6
M & N Nov. 1- 1900s.f. 972,000
1922
s.f.
25.000
do
do
..6
& N
Nov. 1, 1900
284,000
1921
s.f.
50,000
do
do
..5
M&N
1900
s.f. 138,000
Nov, 1, 1918
250,000
do
do
..5
& N
1906
s.f. 691,000
1921
s
418,175
do
..5
& N
do
1906
Nov. 1, 1918
173,000
350.000
July 1, 1901
6g J & J
1,000,000
1916
s.f.
50,000 Dock Bonds
do
M& N
7
1901
500,000
do
7
M& N
1902
750,000
1916
s.f.
65,000
do
M& N
6
1902
s.f. 250,000
do
6
&
N
1904
s.f. 976.0OO
1919
s.f.
25,000
do
M& N
7
1904
348,800
1919
s.f.
30,000
do
M
N
6
&
Nov.
1905s.f.
321,200
1,
1919
38.027
s.f.
do
& N
Nov. 1, 1905
6
744,000
Nov. 1, 1918
389,431
do
M& N
6
1906
s.f. 150,000
1919
s.f.
64,593
do
& N
5
1906
s.f. 278,000
1908
s.f1,845,000
do
5
& N
1907
s.f. 460,800
1908
s.f.
35.000
do
5
& N
1908
s.f. 147.00O
1900
s.f. 110,000
& N
do
5
1908
169,200
1906
s.f. 585,000
M & N May 1, 1903s.f. 665,000
6
Nov. 1, 1906s.f. 15,000 Museum of Art, &c
do
do
N
May 1, 190<s.f. 260,000
5
<fc
1908
s.f. 225,000
& N Nov. 1, 1905s.fl, 252,000
Nov. 1, 1909s. f. 300,000 N.Y.Br.Bds. (Consol Stk.).. 6
do
do
do .. 6
& N
Nov. 1, 1905
248,000
Nov. 1, 1909
200,000
do
do .. 5
do
Q-F
May 1, 1926
500,000
1910
s.f. 520,000
Subject to call on or after Nov. 1, 1900
1911
s.f. 191,000
1911
s.f. 672,000
Payable
Assessments or from the Sinking Fund, if the Comfrom
e.—
1912
tl,080,000
missioners Thereof Approve, Provided Such Payments Shall Not
1913
s, f. 820,000
in Any Way Impair the Preferred Claims Thereon.— (See Sec1914
s, f. 175,000
tion 6, Chapter 383, Laws of 1878.)—
Nov. 1, 1914s f. 270,000
M & N On or aft. 1888s.f. $75,000
3
Nov. 1, 1914
355,000 Assessment Bonds
2*2 M & N
do
do
do
1890s.f. 30,000
Nov. 1, 1915
1,150,000
do
3
& N
do
1890s.f. 650,000
do
1916-1918
1,500,000
do
do
3
& N
do
1891s.f. 35,000
1918
s.f. 500,000
do
3
& N
do 1893s.fl,639,00O
do
1919
1,000,000
212
do
& N
do
1893s.f.
do
5,000
1919
s.f.
50,000
do
3
& N
l*=94s.f. 125,000
do
do
1920
s.f. 400,000
do
3
1895s.fl,602,542
& N
do
do
1920
1,050,000
do
3
& N
do
1896».fl,180,S87
do
1921
s.f. 450,000
& N
do
3
1897s.f. 113,018
do
do
1921
1,250,000
& N
do
3
1899
s.f. 350,000
do
1922
s. 12,480,000
do
3
& N
1899
250,000
do
1922
20,000
N
&
1899
do
250,000
do
3g
1923
s.fl,660,000
2i2
N
&
1899
s.f.
518,000
do
do
1923
865,000
3
& N
1900
s.f 975,000
do
do
1924
s.f. 960,000
N
M
&
1901
s.fl
do
3
,450,000
do
1924
1.125,000
1901
& N
200,000
do
do
1924
3g
500,000
950,000M& N
1903
3
do
do
1925
s.f.
30,000
Nov.
Nov.

1,
1,

M
M
M
M
M
M
M
M

M
M
M
M
M

M
MAN
M
M
M

.

.

.

M

.

.

.

M
M
M
M

M
M
M

MAN

. .

M
M
M

M

M
M
M
M
M
M
M
M

M
M
M
M
M
M
M
M
M
M
M
M
M
M

(

f.

NEW

1900.

April,

YOftK— CITIES

NAME AND PURPOSE.
ANNEXED TERRITORY BONDS.
Town of Morrisania—
Central Av. construction

7

Ann'ly

Central Av. construction

7

seini-an

Ann's Av. construct'n

7

M

8t.

Town

of

—

Principal.
Outsland'g.
Wheti Due.

Interest.—
#« <e Payable.

West Farms-

&,

$1 ,000 yearly.

1900 to 1910
$1,000 yearly.

11,000

Arrearage 10-40s
10-40s
do

8o.

of

West Farms—

Boulevard

constr't'n.

M&

7

Highwayimp
~

(

Village of Williamsbridge..

s{ ^900

(

Town

of

«t
* v.
Westchester
*.

S

Improvement

\

School district

240,000
74,000
314,000

78,800
Village of Wakefield, highway improvements
14,000
Town of Eastcnester, school district bonds
a, I), c, d. e — Tliese letters indicate on which sinking fund the
bonds are a lien, as more fully explained below.
PAR VALUE OF BONDS.— The denominations of the bonds and
stock of the city of New York are not fixed. Certificates are issued for
any amount in even hundreds, with $500 as the minimum.
PAYABLE.— Coupon Interest is payable at
INTEREST—
Knickerbocker Trust Company; registered interest at office of City
Chamberlain; interest on the gold coupon bonds of 1901 and 1902
is payable also at Messrs. Rothschilds in London.
DEBT, SINKING FUNDS, ETC.-The subjoined statement
shows the old city's debt, etc.:
Jan. 1,1899.
Jan. 1, 1898.
Jan 1, 1900.
$221,916,334
$223,018,034
Total funded debt... $2 16,402,045

WHERE

TOTAL

Sink'gfnd.inc.cash 102,110,089

95,731,053

86,170,758

Net funded debt.. $114,291,956
7,600
Revenue bonds. ...

$126,185,281
7,600

$136,847,276
5,069,245

$141,916,521
$126,192,881
Total net debt.... $114,299, 556
The annexed table shows the o'd city's net funded debt as it was on
the first day of January of each of the following years:
$98,995,651 1885.... $93,648,100
$114,291,956 1893
1900
97,550.036 1881.... 106,066,240
126,185,281 1892
1899
98,064,418 1876.... 116,773,721
136,847,276 1891
1898
73,373,552
98,663,072 1871....
120,710,525 1890
1897
35,973,597
91,313,135 1866....
112,450,020 1889
1896
20.087,310
93,300.581 1862....
1895
105,777,854 1888
101,428,481
1894
SINKING FUNDS.—The total sinking fund assets of the old city
(Manhattan and the Bronx) on Jan. 1, 1900, were $102,110,089. Of
this amount $18,486,190 was held in a special sinking fund (sinking
fund redemption No. II.) for account of certain water bonds and
$83,623,899 (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
:

Sinking Fund Sinking Fund
Total.
Redemption I. Redemption II.
$98.57.1,816
$17,9*0,863
N.Y. City bonds (par value).$-0,642,953
555,327
3,536,273
2,90,946
Cash
$102,110,089

$18,486,190

$83,623,899

Total

City bonds

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

1,

J

July
July

1924
1905

549,000
43,000

J
J
J

J
J
J

July
July
July

1905
1906
1907

405,000
400,000
345,000

„
7

JT

4
4
4
4

4
7
7
7
7
7
7
7
7
7

J
J
J
J
J
J
7
J
3!«gJ
3^ J
3»a J

7
7
7
7
7
7

do
do
do
do
do
do
do
do

do terminal improv's.
do
do
do Con. g. stk.
do
do
do
do
do
Of this loan
do Approach
do
do
Of this
do
do
do Con.g.stk.
do
do Con.g.stk.
do
NewE.R.Bdg.con.g.stk.
do
do
do
do
New East River Bdge....

3^

J
3*2g
J
3

. .

thorization

ASSESSED VALUATION.—The old

tax rate have been as follows
Years.

1899
1898
1897
1896
1895
1894
1893
1892
1891
1890
1889
1888
1887
1886
1885

Real Estate.
$2,178,605,905
1,856.467,923
1,787,186,791
1,731,509,143
1,646,028,655
1,613,057,735
1,562,582,393
1,504,904,603
1,464,247,820
1,398,290,007
1,331,578,291
1,302,818,879
1,254.491,849
1,203,941,065
1,268,443,137

city's assessed

9,823,100
valuation and

:

Personal

Total Assessed Rate of Tax

Estate.

Valuation, per $1,000.
$2,669,088,835 $24-804
20-10
2,365,490,372
2100
2,168,635,856
21-40
2,106,484,905
19-10
2,016,947,662
17-90
2,003,332,037
18-20
1,933,518,5 19
18-50
1,828,264,275
19-00
1,785,857,338
1970
1,696,978,390
1950
1,603,839,113
2220
1,553,442,431
21-60
1,507,640,663
2290
1,420,968,286
24 00
1,371,117,003

$190,482,930
509,022,449
381,449,065
374,975,762
370,919,007
390,274,302
370,936,136
323,359,672
321,609,518
298,688,383
272,260,822
250,623,552
253,148,814
217,027,221
202,673,866

POPULATION OF THE BOROUGHS OF MANHATTAN AND
THE BRONX.— Estimated by Health Department, as of July 1, 1900.

was
was

2,181,611. In 1892 the population was 1,801,739; in 1890
1,515,501; in 1880 it was 1,206,299; in 1870 it was 942,292.

it

BOROUGH OF BROOKLYN.

The old

CITY OF BROOKLYN.

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

Laws

city of

Under the provisions of this act " the debt of the said
county shall not be deemed to be or bo included as a part of the
debt of the City of Brooklyn, within the moaning of the provision of
the Constitution of the State of Now York limiting the power of cities
to incur indebtedness." [See Chronicle, vol. 62, p. 49.] The towns of
Flatbush, New Utrecht and Gravesend wore annexed to the City of
Brooklyn in 1894 and the town of Flatlands became a ward of the city
on tho first day of January, 1896.
Debt city of.Brooklyn.inoluding ann«xed towns, and debt of Kings
County, as constituted prior to consolidation on January 1, 1898:
of 1895.

_,

Payable from sinking funds
"

'

"
"
"

Total

waterrevenue
assessments
taxation

Jan. 1, 1900.
$18,112,567 41
14.132,749 76
6,422,343 00
39,012,565 76
$77,6S0,2l\->

!>:f

Cert, of Indebtedness.

do
do
do
do

1908
1908
1909
1910
1911
1912
1914
1916
1917
1918
1919
1920
1921
1922
1923
1925
1927
1928
1900

100,000
260,000
400,000
J
440,000
J
400,000
J
400,000
1,
J
350,000
J
1,
300,000
1,
J
500,000
J
1,
250,000
1,
J
810,000
J
1,
319,000
1,
J
371,000
J
1,
400,000
J
1,
200,000
1,
J
257,000
Jan. 1,
J
July 1,
300,000
J
356,000
July 1,
J
July 1,
50,000
J
1901-'04
July
1,
400,000
JT$
year.y
$100,000
I
71,000
July 1, 1905
J
128,000
July 1. 1906
J
101.000
July 1, 1907
J
July 1, 1908
50,000
J
July 1, 1909
100,000
J
100,000
July 1, 1910
J
July 1, 1911
50,000
J
1912--16 )
.
T j July 1,
500,000
<& J
^ $100,000 yearly. J
91,000
& J July 1, 1917
105,000
& J July 1, 1918
104,000
July 1, 1919
& J
200,000
& J July 1, 1920
181,000
& J July 1, 1921
154,000
& J July 1, 1922
65,000
& J July 1, 1924
112,000
Jan. 1, 1936
& J
40,000
& J Jan. 1, 1922
1926-31
600.000
1
& J\ $100,000
100,000
July 10,1925
& J
60,000
Mar. 12,1926
Jan. 1, 1922-'25 360,000
& J
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July

J

J

1,
1,
1,
1,
1,

$60,000 is in the sinking fund.
July 1, 1925-'27
4
J & J
Jan. 1. 1923'27
3^2 J & J
loan $82,000 is in the sinking fund
July 1. 1923-27
3»2 J & J
Jan. 1, 1928
3*2 J & J
Jan 1, 1929
3Hs J & J
Jan. 1, 1935
3^ J & J
Jan. 1, 1936
3*2gJ & J
Jan. L, 1937
3*ag J & J
3*2

F &

A

Jan. L 1937
1900- 1902

&

J

$5,000 year
on Nov. 10r)
1901
Jan. 1, 1901
Mav 1, 1901
Oct 4, 1902

;

above to designate the issues having such lien.
a Total issues having a first lien on sink. f. redemp. No. I. $1 ,865,900
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
derived from taxation and from sink. f. redemp. No. I .112,130,395
d Total issues payable from sinking fund redemption No. II. 41,977,000
e Consolidated stock (new parks) payable from sinking
fund redemption No. I in accordance with act of au-

$1,650,000
700,000

J

7

4

1923
1924

J

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
J &
J &
J &
JT *
&
J &
J &
J &
J &
J &
J &
J &

6
6
6
6
6
6
5
5
5
5

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York Bridge
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

1,

May

J

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J

7
'6

for
completion of bridge.

306,000
m

r~

bonds

City

Bridge Bonds—

$131,000
175,000

Sewers..

July

J & J
Subject to call

for
completion of bridge.

$88,500

When Due.

3*2

Bridge bonds—

Brooklyn

1909

to

T-f
i *'rr
Rale. Payable.
J & J
4

county taxes...
do
Asphalt repaying bonds...

Brooklyn

-Principal
Outsland'g'

w< re

NAME AND PURPOSE.

247,000
Central Av. construction 1
s'mi-an.
$1,000 yearly.
These bonds mature $1,000 yearly, except in the years' 1916 and
1917 when In each year $1,500 mature; in 1949 and 1975, none; in
1950, $2,000; in 1959 and 2147, each $500. Interest on about onehalf the bonds is paid annually, on the remainder semi-annually.

Town

$70,882,908 78

64.000

2147

to

5,797,317 15

loans

1916-1980

1900

Bfl

273,2tfl 16

10,500

$1,000 yearly.

An'ly&

$6,524,05.,

Cash
Net debt

1900 to 1915

8

49

TOWNS,

Less sinking fund—
Investments

Borough* of Manhattan and the Bronx.— (Con.

LOANS—

W®

.

3*2gJ

3^gJ

do
do
do
do

J
J

3iagJ

3^gJ

J
J

3l2gJ

275,000
982,000
'

500,000
100,000
70.000
25,000
150,000
332,000
30,325
20,000
24.0C0
30,000
1 6.000
80,000

County Deficiency—

1926
48,000
Jan.
3^gJ & J
ly36
700,000
Jan.
3^agJ & J
Improvement Bonds.—Various purposes.
1920
Jan.
95,000
J
3^gJ
City Hall impts
1920 s.f.35,000
Jan.
J
3^gJ
do
do
1921
25,000
Jan.
J
do
3^g J
do
July 10, 1932-'34> 300,000
J $100,000 yearly.
Gravesend Local impts. 3ifig.J
s.f. 13,000
Deo. 17, 1925
D
3^2 J
do
do
8,500
May 21, 1925
3*2 J
3
do
do
21,242
J
Jan. 1, 1936
Int. due on Grav. bonds. 3*2gJ
to
1921
108,000
1920
J
4
J
Local improvement
1T
Con. gold stock

do

do

do

Feb. 13, 1904-'16; 1,300,000
$100,000 yearly.
.
,
„
, .
,( Jan. 1, 1916-'24
900,000
&
J
3
J
d0 fund >
\ $100,000 yearly.
fund.
sinking
in
is
the
this
loan
$500,000
Of
340,000
1918 to 1921
do
3<s J dc J
Of this loan $140,000 is in the sinking fund.
n,f. 7,000
Jan. 1. 1921
&
do
3
1. 1920-'22
J Jan.
5

do

I

do
do
do
do

•

do

Laws of 94 4

do
do
4
J
do
do
3*2 J
do
do
3iagJ
do
do
do
doLawsof'951?
gj
^gJ
do
do
do
do
do
do Laws of '96 3H,.;J
3i-jgJ
do
do
3^gJ
do
do
Eighth ward improv....H 3
do
do
School improvement

11

3

A:

&
A
A
A
(V

A

&
&
&

$100,000 yearly.

<

Jan.

1,

\

300,000

l925-'28>

400.000
35,000
1929
1923-24*1200.000
100,000
1. 1930
200.000
1. 1914
9
100,000
1
300,000
1916
J
1!U7
150,000
J
250,000
1917
1937
:;:.ooo
July 1, 190.V10
600,000
Jr
yearly
} $100,000
50,000
July l. 1911
J
(Jan. 81, 1917 "JO ^ 400,000
JT
\ $100,000 yearly.
Jan. 1. 1916-' 23
800,000
J $100,000 yearly.
J ($100,000 yearly,

A J
.V

I

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

.1

.1

.1

.1

.1
.1

s

1,
1.

1

<,

S

J
do
Of this loan $753,000
Museum Arts & Sciences. 3^. J
3*2 J
QO
do
3*2 J
do
do
S»2g.J
Memorial bonds
do

Park Bonds—
East Side Park
Prospect Park
do
do

&
&

4
7
7

J
J
J

&

\

i

is iu

&
&

&

&
&
ifc

<fe

the sinking fund.
Jan. 1,
J
I

J
J
J
J
J
J

Jan
J:in.

1,
1,

Oct.

4,

Jan.

July
July

1.
1,
1,

26 200,000

1927
1928
1917

92.000

1914
1915
1916

50.000
6.561,000
134,000

j:>.000

7,000

50

ST^TE AWB CITY SUP pi£W£1^T,
Borough of Brooklyn.— City of
Interest.
LOANS-

Borough of Brooklyn— City of Brooklyn.— (Con.)

LOAN—

Interest.

NAME AND PURPOSE
Park Bonds.- (Con.)—

P. Ot.

.Prospect Park
do
do
do
do
Park purchase bonds....

J
J
4
J
3*2 J
6

3kgJ
3kgJ
3kgJ

Roadbonds
Public Library
Re-indexing BondsCon, gold stock
do
do
do
do

Rrwfr Ro\ds

J
J

3

Park improvement
do
do
do
do

When

Payable.

7
7

Principal,
Outstand'g.
Due.

& J
& J
& J
& J
& J
& J
& J
& J
& J

Jan.
Jan.

1.

Jan.

1,

1917

$500,000

410,000
1, 1918
1,092,000
July 1, 1924
Jan. 1, 1912'18 650,000
Jan. 1, 1909'10 100,000
Jan. 1. 1911-U2 s.f.100,000
s.f.40,000
July 1. 1913
Jan. 1. 1917 s f. 105,000

1937

5,000

3k J & J
3kgJ & J
3k J & J

Jan. 1. 1927
Jan.l,'ll-'12
Jan. 1, 1927

g.f.52.500

3kg J &

J

May

3kg.'
3k J
3>2 J

J
J
J
J

Aug.

134,500
s.f.84,000

*

Sewerage fund
Sewer
do Con. g. stock
"
do
do

&

&
3kgJ &
3^ F &A
3k J & J

do
8ewerage,Flatb.S.Ases.1T

U
Of this loan $15,000
do

Jan.
Jan.
Jan.
Jan.

6,
1,
1,
1,
1,

Aug.

1,

24,000
s.f.40,000

250,000
75,000
100,000
50,000

doBonds1T3k

s.f.10,000

35,000

Al^y ^™!
F & A
9

Aug.

1,

1910--11

40,000
2,000
12,000
30,000
6,000
35,000

Aug. 1, 1912-13
3k F & A
Aug. 1, 1914-19
do
1 3ia F & A
do
3k F & A Aug. 1, 1920
do
*>«** ±\ A$f$?}iX*\
28
do
do
70,000
3kg F & Aj^oVo^aS !
5
J
Sew'e fundKnick.Av.se'r 3% J & J ^ $29?000 yeariy | 169,000
3
J & J Julyi,1906&'07
49,161
do
do
J & J
July 1, 1908
Main sewer relief, etc.... 3
s.f.90,000
do
....
3
J & J
July 1, 1922 s.f.117,000
do
1933
s.f. 50,000
Main sewer relief etc.
3k J & J
$Julyl,1923,to'26> 4UU
do
do
3
T
&
T
400 UUU
000
....
d
ao
ao
J
j &
1 $100,000 yearly. 5
do
....
643,000
do
1922 to 1927
3k J & J
Of this loan $250,000 is in the sinking fund.
....
do
4
J & J
200,000
do
1931 & 1932
Auxiliary (con. g. stk.) 3k J & J
50,000
Jan. 1, 1925
do
....
do
168,000
Jan. 1, 1936
3kg. J & J
do
do
....
50,000
Jan. 1, 1936
3kg J & J
an d a a
T e
4
250,000
J
&
J
1917*19
^ ."S
ce ntwards.
1920-'23
do" '".'.'.'... 4
J & J
400.000
do
4
100,000
do
do
Jan. 1, 1926
J & J
1915*16
do
Jan.
200,000
do
J
&
J
1,
3k
45,000
do
do
Jan. 1, 1918
3kg. J & J
do
1892 3k J & J
Jan. 1, '24-'25
150,000
do
50,000
do
do
3k J & J Jan. I, 1925
do
Jan. 1, 1927
100,000
do
3kg-J & J
149,000
do
do
Jan. 1, 1914
3g. J & J
do

H

IT

,

.

.

-

.

.

Site and Building Loans
Fourth Precinct station..

:

Memorial monument....
Warren Pedestal
do
Municipal site
Public market
do
do

do

do

Tf

&
3 kg. J &
3 kg. J &
3
J &
4
J &
3kg.J &
3
J &
J &
3
3

J

J ^^ooo^early? 3 \ sf 20 000
|
J { J$i obo9 TOarl'y7 } 4 °.° 00
Jan! 1, 1906
s.f. 4,000
J
J Julyl,1914-'15&'16sf.265,000
1,209,000
J Jan.l,1920,to'23
90,000
J
Jan. 1, 1924
J Jan. 1, 1917,'18&'19 750,000
500 000
J j c^^OOO^ariy1 \
-

'

Public site and const' ct'n
Of this loan $370,000 is in sinking fund.
4
100,000
School building
J & J
Jan 1, 1920
do
do
4
J & J Jan. 1, 1920 to '22 250,000
do ....18921f 3k J & J
do
100,000
Jan. 1, 1918
do ....1892H 3% J & J
do
100,000
Jan. 1, 1919
3*2 J & J
do
do
40,000
Jan. 1, 1923
313 J & J Jan. 1, 1923 '24 s.f.200,000
do
do
do
do
s.f.18,000
Jan. 1, 1925
3k J & J
do
do
1894 3kg.J & J
32,000
Jan. 1, 1925
do
do
1894 3 kg. J & J
Jan. 1,1924-26
250,000
do
do
1895 3 kg. J & J
Jan. 1, 1935
218,000
do
do
232,000
Jan. 1, 1936
3kg.J & J
do
1895 3kg.J & J
do
Jan. 1, 1936 s.f.100,000
do
3
1917-1921
266,000
do
J & J
IT
Of this loan $162,000 is in the sinking fund.
da
do
250,000
Jan. 1, 1937
3kg.J & J
do
do
Jan. 1, 1937
90,000
3kg. J & J
'

.

.

Sold'rs'

and

sail'rs'

do

do
Station house
do
do
do
do
do
do
do
do
do
do

mon't 3
4
4
312

3%
3k

J
J
J
J

3i2g.J

3kg.J

Wallabodt Market—
do
do
do
do
do

J
J

Con. stock.
Con. stock.
do
do bonds.

do

Water Bonds—
Water bonds
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

-

J
J
J
J
J

Jan.
Jan.
Jan.

&
&
&
&

J
J
J
J

Jan.
Jan.
Jan.
Jan.

3 kg.
stk.

000
2Q o'ooVd^loS \ sf 100
100.000
June, 1925
50,000
Sept. 14, 1904
Jan. 21,1905 s.f.14,000
s.f.1,000
Deo. 17, 1905
Mar. 16, 1906 s.f.10,000
39.000
May 1, 1906
s.f.4,000
J
Oct. 29, 1906
-j

3^ J &
3k J &
3kg.J &
3ke.J &
3kg.J &

Wallabout Bonds—
do
do
do
do
do
do
Oon.g.LeonardSt.imp.

& J
& J
& J
& J
& D
& J
& J

&

3kg.
3kg. J
3kg.J

& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
& J
3kgJ & J
3kg J & J

J
J
J
J
J
J
J
J
J
J
J
J
J
1892 3*2 J
1892 3k J
7
7
7
7
7
7
7
6
6
6
6
6
4

1903
1925
1925
Nov. 10, 1921
Oct.
4,1917

s.f.10,000
s.f.25,000

1925
1926
1926
1937

s.f. 70,000

1904
1906
1909
1909
1910
July
1910
July
1912
1902
Jan.
Jan.
1904
Jan.
1906
Jan.
1907
Jan.
1909
1910 to 1914
Jan. 1, 1911
Jan. 1, 1912
1913
Mar., 1916

287.000
60,000
87.000
100.000
341.000
97,000
97,000
1,229,000
260,000
30,000
445,000
100,000
4,094,000
400,000
1,500,000
30,000
205,855

Jan.
Jan.
Jan.
July
Jan.

1,
1,
1,

1,
1,
1,
1,

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

name AND PURPOSE.

Brooklyn.— (Con.)

Rate Payable.

Water Bonds— (Con.)

3kgJ &

-Principal.Outstand'g.

When Due.

1916
$10,000
1925
350,000
May 21, 1917
J
16,500
3k
J
Jan. 1, 1937
375,000
3k
J
Jan. 1, 1936
350,000
3k
J
Jan. 1, 1937
750,000
3kS
J Jan. 1, 1905 & '06 1,000,000
3
J
July
1908
500,000
3
J
Jan.
1909
3
600,000
1912
J
Jan.
125,000
3
J
Jan.
1913
420,000
3
Jan.
1937
J
110,000
g. stk.
3k
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
do
do Con.
do
do
do
do
do
do
do
do
do
do Con.

do
do
do
do
do
do
do
do
do
do
do
do

3k

g. stk.

.1

Aug.

J

Jan.

&
&
&
&
&
&
&
&
&
&

J

6,
1,

iuark (U) to the title of 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.— (Old city

of Brooklyn.)

There was no

assessment or tax in 1898.

in the sinking fund.

is

3>,F&

do
do
do
do
ao
do

1901
1916
1925
1936
1936
1937
1900

1,

S^.F^AJ^y^Oej

do

do

<fe

—

,

•

,

,

LXX

Vol.

15,000
25,000
20.000

65.00c
190,000
70,000

Rate of Tax
per $1,000.
1899
$609,822,267
$45,270,713
$655,092,980 $23-6424
28-31
6<>3,796,463
1897
570,107,742
33,688,721
- 540,359,686
27-40
1895
23,627,446
563,987,132
25-80
452,758,601
1890
430,911,794
21,846,807
2900
1885
311,308,060
19,375,702
330,683,762
26-90
11,215,794
234,835,991
1880
223,620,197
POPULATION.— In 1892 population of the old city of Brooklyn
was 957,163; in 1890 it was S06.343; in 1880 it was 566,653. In
1900 (estimated) as of July, 1,267.158.
Real.

Tears.

Assessed Valuation
Personal.

-.

Total.

GRAVESEND.
Gravesend was annexed to the city of Brooklyn in 1894.

LOANS-

J&J, $236,000.
4ks, J&J, 66,000
5s,

. .

J&J, $20,000

5s,
5s,

.May 20, 1906
1918-1927

($6,600 yearly on Jan.
3-658,

Sewer Bonds— (Con.)—

When Due.

Sewer Bonds—

Improvement Bonds—

2.)

1918-1927

($2,000 yearly on Oct.

1922-1931
1923-1931
($5,000 yearly on July 2.)

J&J. $21,000
J&J, 40,000

4.)

1919-1928
3ks, J&J, $83,000
(Part yearly on July 2.)
1921-1930
5s, J&J, $60,000
($6,000 yearly on July 2
1922-1931
5s, J&J, $30,000
($3,000 yearly on July 2.)
Ss.J&J, $70,000
1923 1932
($7,000 yearly on July 2.)
1921-1930
5s, J&J, $280,000
($28,000 3 early on July 2.)
)

5s,
5s,
5s,

J&J, $330,000
J&J, 127,000
J&J, 300,000

July 1, 1933
Jan. 1, 1934
July 1,1939

School Bonds—
6s, Jan.,

$16.000

1901-1904

($4,000 yearly on Jan.
6s, Sept., $6,^)00

6.)

1900

(Part yearly on Sept. 15.)
Bonded d't Jan.l, 1900.. $1,689,000

FLAT BUSH.
Flatbush was annexed to the city of Brooklyn in 1894.
Sewer Bonds— (Con.)
When Due.
LOANS—
1900-1928
School Bonds—
4s, J&J, $261,000
1901-1904
6s, Mar., $4,000
($9,000 yearly on July 15.)
1900-1909
3ks, M&N, $50,000
($1,000 yearly on Mar. 10.)
Assessment Bonds—
($5,000 yearly on Nov. 1.)
1900-1909
4s,
M&N,
M&N,
..1900-1909
$100,000 ..
$45,000
3ks,
($10,000 yearly on Nov. 1.)
($5,000 yearly on Nov. 1.)
1900-1909
1900-1909
M&N,
M&N,
4s,
$10.000
4s,
$200,000
($20,000 yearly on Nov. 1.)
($1,000 vearly on Nov. 1.)
1900-1904
Sewer Bonds—
3ks. F&A, $3,500
1900-1911
($500 yearly on Aug. 1, except
3ks, J&J, $120,000
in 1901 & 1904, when $1,000 ma($10,000 yearly on July 15.)
1912-1928 ture.)
3ks,J&J, $75,000
Bonded debt Jan. 1,1900.$874,500
(Part yearly on July 15.)

FLATLANDS.
This town was annexed to the city of Brooklyn on January 1, 1896.
When Due. Bonded debt Jan. 1, 1900.. $19,800
LOANS-

Police Bonds—

M&N,

5s,

$15,300.. .May

9,

1903

NEW

LOTS.

New

Lots was annexed to the city of Brooklyn in 1894.
When Due. Bonded debt Jan. 1, '99.. $500,000
LOANS—

J&J, $500,000

4s,

1906-1925

($25,000 yearly on July 15.)

NEW UTRECHT.
New

Utrecht was annexed to the city of Brooklyn in 1894.
When Due.
Street Improvement Bonds—
LOANS—
1905-1954
5s, J&J, $500,000
Flagging Bonds—
July 25. 1900
($10,000 yearly on Jan. 1.)
5s, J&J, $1.405
1^-00 1901
Sewer Bonds—
5s, F&A, $6,400
1900 1904
5s, J&J, $35,600
($3,200 yearly on Aug. 15.)
1900-1902
5s,M&S, $4,938
($7,120 yearly on July 10.)
1901-1908
5s, J&J. $4,544
($1,646 yearly on Sept. 20.)
1900-1904
($568 yearly on Jan. 15.)
5s. J&D, $12,600
Improvement
yearly
on
June
20.)
Bonds—
($2,520
....1901-1906
5s, J&J, $30,000
School Bonds—
$1,800.... Feb. 1, 1901
($5,000 yearly on Jan. 5.)
5s, Feb.
IV00-1902 5s, J&J, +17,500
1901-1907
5s, J&J, $5,400
($2,500 yearly on Jan. 5.)
($1 ,800 yearly on July 1.)
Bonded debt Jan.. 1900. .$632,055
6s, Mar. ..,$1,000... Mar. 28. 1901
.

,

COUNTY OF KINGS.
Kings County and the
1,

city of

Brooklyn were consolidated on Jan.

1896. [See V. 62, p. 49.]

When Due.

LOANS—

LOANS—

When Due

County Farm— (Con.)—
Buildino Improvement—
May,1905
48, .... $250,000. May l,'10to*19 3ks,$325,000
" 1906
3 ks, 100,000
($25,000 due yearly.)
" 1914
3 ks, 100,000
County Farm —
Mayl,1903 3s,
" 1900
200,000
4s, $175,000
1904
Driveway & Parkway 325,000.
4s,
4s,
4s,
4s,
48,
4s,
4s,
4s,
4s,
4s,

32,000.
32,000.

119,000.
119,000.

115,000.
115,000.
119,000.
119,000.
119,000.
3ks, 100,000.

3ks, 325,000
3ks, 325,000.
3ks, 325,000.

.

1905 4s, .... $1,500,000. July l,*00to*14
1906
($100,000 due yearly.)
1907 4s, ....
$50,000.... July 1, 1915
1908 4s
l,800,O00.Julyl,'16to'33
1909
($100,000 due yearly.)
1910 4s,.... $250,000. Jan.l, '01 to *05
1911
($50,000 due yearly.)
1912
Hall of Records—
1913 4s,
May 1,1900
$54,000
" 1901
1901 4s,
54,000
1902
Park Fund Loan—
1903 4s,....
$60,000.... May 1, 1905
1904

April,

1

mW

(

J()0.

Brooklyn.— County

Boroujjli of

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

.

$121,000
121,000
119,000
119,000
197,000
197,000
100,000
100,000

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

$204,000
204,000
3^8, 121,500
3^8, 121,500
3>flS, 130,000
180,000
3«,
State Tax Loan—
4s, $119,000

May "1, 1900
"
"
"

"
"
"

of

4s,
4«,

l,950,000.May 1,'06 to'44
($50,000 due yearly.)
400,000. July 1,*33 to'40

REFUNDING LOAN—

Borough of Queen*.— Won.)
VILLAGE OF FLUSHING -TOWN OF FLUSHING.

KinKB—CPonj
Refunding Loan— (Con.) —

When Due.
LOANS—
Park Fund Loan— (Con.)—

1901
1902
1903
1905
1906
1907
1908

May

1,1909
1910
" 1902
" 1903
" 1918
" 1915
"

May 1,1904

Street improvements—
$500,000. .July 1,'15 to '19
($100,000 due yearly.)
$l,050,000.July l,'20to'26
($150,000 due yearly.)

4s, ....

4s

CERTIFICATES OF INDEBTEDNESS.

LOANS—

Akmokv— (13th

Regiment.)

May" 1, 1900

$10,000
60,000
10,000
60,000
10,000
60,000
10.000
60,000
80,000

4fl,

46.
4s.
4s,
4b,
4s,
48,
48,
48,

TOTAL

When
LOANS
Akmokv— (14th Regiment.)

When Due.
"
"
"
"
"

"
"

1901
1902
1903
1904
1905
1906
1907
1909

4s,

County Records—

1905
1900
1905
Julyl, 1907
Nov.

$18,000
25,000
35,000
99,000

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

9,393

Jan.
Jan.

1,
1,
1,

Jan.

1,

DEBT, Etc.—The subjoined statement shows the

county debt

in

Total debt

Due.

$240,000.May 1,1900 to 1907
($30,000 due yearly.)
Mayl, 1908
$60,000

48,

each of the years named.
Jan. 1,1900. Jon. 1, '99.
$14,307,393 $14,575,393

Jan. 1, '98.
$14,851,893

1901
total

Mar. 26, '97.
$15,103,393

BOROUGH OF QUEENS.
Assessed Valuation.
Personal.
Total.

Real.

Tux Rale.

$6,314,032
$110,066,632 $32-7445
$103,752,600
POPULATION— In 1900 was estimated at 136,559 as of July 1.

1899

LOANS—

LOANS—

Newtown
7s,

(refunded

CITY.

Queens County.

city in

4*28

F&A,

5s,

l,'08-'ll
($16,000 yearly.)
$112,500. Feb. 1,'13-'19
(Part each year.

,
,

4*28
4»*s,

4>28
4»as, .....
4128, .....

M&S, $20,000. Sept.

78,

4ifl8, .....

1,

35,000

102,000.

,

1913
1903

Survey & Map Bonds

(ref'd'g)

J&J, $66,000. July l,'18-'25
Public School Bonds—
4138, M&S, $220,000
1908-1910
413s, M&S. 122,000.
1912

Engine House Bonds—
J&D, $16,000. June

1,

1909

J&J,

The 7 per cent survey and map bonds are registered and all held
by savings banks. All other issues are coupon bonds.
(*) The prinoipal 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.
INTEREST 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.

TOWN OF FLUSHING.
LOANS—

Road Bonds—
4s,
4s,

,

LOANS-

4s,
4s,

,

5e

5s,
5s,

48

,

4s,

,

$4,500....1900tol902
10,000.... 1900 to 190*
12,500.... 190 1 to 1906

1899

,

200.. .1900 to 1901
1,700.. .1901 to 190;
3,500.. .1903 to 1900

5s,
58,

5s

DisTkiotNo.

2—

5s
5e

$6,000 . .1900 to 1903
,
16,000.. .1901 to 1916
District No. 3—
5s
$3,500.. .1900 to 1903
District No. 4—
5e

,

5s

,

$5,000.. .1901 to 1910
2 500.. .1911 to 1915

5s,

When Due.

Improvement Bonds—
3»«8,

4e

,$50,000.... 1906 to 1921
50.000... .1911 to 1926

5a
5s

I

Bonded debt Jan.

1,

1900.$137,000

DISTRICTS.

5s

,

5s,

,

$17,000... .1917 to 1933

5s

District No.

1913
$7,000...
1918
5,000 ..
1917
to 1938
22,000...

23—

$13,000... .1900 to 1912
80,000.. ..1P00 to 1979

5s,
5s,
58,

65,000....1937tol949
For other Hempstead School Districts see "Additional Statements"
at the end of New York State.

,

$5,000. ...1915 to 1919
3,000. ...1920to 1921
3,000. ...1921 to 1922

5s
5s

,

3,000....1921tol922

,

5s,

$50,000.... 19 17 to 1936
20,000.... 1 937 to 1941

5s,
5s,

J&J, $159,000
1900-1913
$115.000
1902-1926
($11,000, duo yearly on July 1.)
($4,600. annually.)
4s, J&J,
1914-1915
22,000
$45,000
1902-1916 4s, J&J, 11,000
July, 1916
($3,000 yearly Dee.)
4s, J&J,
11,000
July, 1917
48,
25,000
1937

Bonded debt Jan. 1,1900.$388,000

,

,

$40,000 ...1920 to
60,000.... 1920 to
4,000 .. 1920 to
40,000.... 1920 to

1927
1923
1923
1923

Improvement Bonds— (Con,)

1922
1900 to 1921
Jan.

J&J, $61,000
J&J, $22,000

1,

4s

1900

to

J&J, $75,000
J&J, 35,000
S^s, J&J, 50,000

5s,

J&D, $12,000

4s,

1902 to 1916
J&J. $15,000
($1,000 annually on Jan. 1.)

1900 to 1917
June 1, 1918

4s. ....,$18,000

15,000

Sewer Bonds—

($1,000 annually.)

1916
1917
1901-1925

Jan.
Jan.

5s,
5s,

1911

($1,000 annually.)

1,
1,

($2,000 yearly on Jan.

1.)

VILLAGE OF ROCKAWAY BEAOH—TOWN OF.HEMPSTEAD.
Street

Improvement Bonds— 5s

,

1902 to 1920

$57,000

TOWN OF JAMAICA.
LOANS—

When Due.

Road Bonds—
4s

1926

$450,000

,

VILLAGE OF JAMAICA—TOWN OF JAMAICA.
Sewer Bonds—

Street Bonds—

i

1917

,$150,000...

...,

I

$400,000...

...,

1917-1936

TOWN OF JAMAICA SCHOOL DISTRICTS.
District No 7— (Con.)
When Due.
LOANS- 1—

District No.

4s

,$50,000... .1927 to 1976
District No. 2 5s,
$25,000... .1905 to 1924
4»as

3—
5s,
$14,000... .1904 to
District No. 4—

4s,
5s,
5s,

District No.

4s,

5s

,

1914

1908
1922
1928
1933

,

District No.

7—

$5,583... .l<S00tol904

4s,
48,

,

5s
5s
4s
5s

100,000... .1900 to 1949
10,000... .1900 to 1919

$5,750... .1900 to
12,000... .19L7 to
4,000... .1930 to

,

3t»,000...

,

,
,

$25,000. ...19 0tol924
20,000. ...1910 to 1929
88,000.. ..191o to 1953
125.000.. ..1950 to 1974

District No.

District No. 5—
4s
$9,000... .1900 to
District No. 6—

.1900 to 1937

8—

1900
$1,500....
20,000. ...1909 to 1918

,

18,000....1919tol927
75,000... 1930 to 1954
District No. 9—
,
,

$750....1900tol902
District No. 10—
5s
$>,50O....1900 to 1910
5s,
1,500... .1911 to 1913
Ss
2,000. ...1925 to 1928
5s,
5,000. ...1914 to 1923
District No. 11—
5s
$7,000 .. 1900 to 1913
6s,

1

,

VILLAGE OF RICHMOND HILL -TOWN OF JAMAICA.

LOANS-

When Due.

Street and Sidewalk Bonds

-

,$50,000 ...19^6 to 1935
70,000 .. 1937 to 1950
50,000.. ..1916 to 1925
150,000. ...1952 to 1981

4b,

Village Hall Bond^$10,000. ...1916 to 1925

4p,

Fire Bonds—
4b,

$5,000. ...1921 to 1925

,

TOWN OF NEWTOWN
LOANS-

Road Bonds
4s

When Due.
-

...

,

600,000

Bridge Bonds—

1927
.1913 to 1917
1927

$4,500.... 1900 to 1902
2,500....
1901
10.000.... 1902 to 1906

5b,
48,

4s

Causeway Bonds—
4s

47,000.

4^8,

1906

,*10,000

Refunding Bonds—
$20,000.... 1901 & 1902
160,000.... 1P0J to 1914

6s
58
5s,
4>
4s,

,

35000

...

\'-

1

-

88,000. ...1909 to 1912
16,000.... 1900 to 1914

Flushing Ave. Imp.—
4s,

,

$47,000

1913'17

NEWTOWN SCHOOL

Water Bonds—
7s,

,

5b,
5s,

When Due.
Improvement Bonds—

4128, ....,$20,000.

7—

5s
58

VILLAGE OF FAR ROCKAWAY-TOWN OF HEMPSTEAD.

($2,000 yearly to Sept. 30. 1929.)
7s, A&O, *17,000.
1900-1907
.
($2,000 payable y'rly on Sept. 30.)
4s, M&S, $10,000.8ept. 30, 1930 to
(part due y'rly) Sept. 30, 1934.
.

Improvement Bonds—

LOANS-

,

VILLAGE COLLEGE POINT—TOWN OF FLUSHING.

LOANS-

,

,

4s,

Improvement Bonds—

above under Hempstead.)
District No. 27—
When Due.

LOANS- 18—

4s

4s

$1,500 ...1900 to 1904

6s

District No.

1907 to 1925
($5,000 annually to 1924 inc. and
$3,500 in 1925.)
4s, M&S, $1,000
Sept. 30, 1907
4s, M&S, 44,000
Sept. 30, 1908

F&A, $93.500

District No.
I

1911

July 1, 1900
Julyl, 1923

4s,
4s,

.

I

to

,

TOWN OF HEMPSTEAD SCHOOL

$9,000....! 900 to 1908

TOWN OF FLUSHING SCHOOL DISTRICTS.
When Due.
District No. 5—
LOANS4s,

$5,000.... 1902
..
Fire Deft, bonds-

4S,

New

68

$4,000.... 1900 to 1903

District No. 1—
58,
$100..

1900-1907

Indebtedness Bonds—

As stated above, the amount of the outstanding bonds of the school
districts contained in the town of Heinpstead (excopt those below;
York has not yet been
whioh will be chargeable to the city 01
judicially determined.

Causeway Bonds—

Drainage Bonds —

5e

,

When Due.

J&J, $10,000
J&J, 127,000

5s,
5b,

Bridge Bonds—

$50,000.... 1900 to 1999
29.000.... 1907 to 1921
19.000. ...1900 to 1918

b'd

'

Road Bonds—

M&N,

(r)

~Whcn Due.

20,000.
22,000.
7,500.
3,000
3,500.

.\<

place elsewhere.

1917

$80,000. July 1, 1902
77,000. May 1. 1910
43,000.
1903
4^8
,
4^8
50,000.
1904
4128, A&O,
10,000. Apr. 1, 1904
4s,
J&D, 20,500. June 1, 1900
M&S, 50,000. Sept. 1, 1901
58,
Recognized bonded debt Jan. 1,
1900, $3,144,500.
4128,
4s.

5s,

5s,

$78,000

.....

Revenue Bonds*—
1902
1924

$27,234

1922
1912
1922
1924
..1913 to 1918
..1906 to 1912

TOWN OF HEMPSTEAD.

,

....

)

|

The bonds of the old town of Hempstead which have been assumed
by New York City are given below. The rest of the bonded debt of
the old town will be found under the town's own name in its proper

Park Award Bonds—

18,500
19,000. Oct. 7, 1915

Fire Department Bonds

'-'0,000

33,00 >
($1,000 annually

Water Bonds—
4>28, ....,$30,000

)

3*28
4*29

1903
1909
1914
1000 1932

VILLAGE OF WHITESTON B—TOWN OF FLUSHING.
Sewkr Bonds—
When Due
LOANS-

5s,

-

Station House Bonds—
$15,000
General Improvem. Bonds—
F&A, $16,000. Feb. 1, 1920 4i«8, M&S, $50,000. Sept. 1, 1905
4s,
Water Loan (funded)—
4*28, M&S,
50,000. Sept. 1, 1906
M&8, $89,000. Sept.l,'00-'04 4*2S. M&S, 50,000 Sept. 1, 1909
7s,
4128, M&S, 190,000. Sept. 1, 1914
($20,000 yearly.)
Refunding Water Loan—
4^8, M&S, 343,000.1915 to 1921
6e A&O, $47,000. Oct. 1, '11-'14
($50,000 due yearly.)
(Part each year.)
412s,
319.500
M&S, $37,500. Sept.l,'18-*19 412s,
49, 500. Dec. 31, 1907
5e,
Street Improvem. Bonds—
($15,000 each year
'23-'25
5s,
$37,500
4V, M&N, $99,500. May, 1911
4s,
M&S, 45,000. Sept. 1, 1920 4»2S, M&N, 236.000.Nov.,1900'02
—
Water Loan
($81,500 due yearly.)
3128, M&N, $21,500. May 1, 1920 4*28, M&N.$ 130,^00 Mar. 1, 1913
6«,

A&O,
JaD,

4s,

|

1,

1910
1918
1919
1948

,

Funded Debt Bonds
W1ien Due.
4^28, A&O, $112,000.
debt)—

F&A, $64,000. Feb.

Water Bonds—
A&O, $125,000
A&O,
23,000

7s,
5s,
.",-,

Nov. 1,1900
$4,000
Nov. 1,1901
48.M&N, 36,000
($4,oOOdue y'rly) to Nov. 1, 1909

1,
1,
1,

4s,

Street Bonds—

M&N,

May

($4,000 due \ early) to May
A&O, 120,000.... Oct.
($4,000 due yearly) to Oct

Funding Bonds— 1892-3-4—
1900-1915
$8,000
4s,
1900- 1912
4s, A&O, 13,000
($1,000 due yearly on April l.i
1900-1919
4s. A&O, $20,000
48,

M&N, $31,000

Is,

VILLAGE OF ARVERNE-BY-THE-SEA— TOWN OF HEMPSTEAD.
Building Bonds—
When Due.
LOANS—
Drainage Bonds—
5s,
$8,000....1917tol924

has been taken.

was formerly a

Street Bond^— <Oo«.)—

Due..

Part yearly

5s&6s,.. $26,000

COUNTY OF QUEENS.

Tliis

When

Assessment Bonds-

(See note

The debt of the county of Queens is reported under the county's own
name on a subsequent, pagt-; the amount of this debt which will be
chargeable to the city of New York has not yet been judicially
determined, although the referee, ex-Judge Brown, has decided that
the division of the debt should be on the basis of the assessed valuation of Nassau County and Queens Borough. This division makes New
York City responsible for $3,822,346 and Nassau County for $985,653
of the old county's debt. The decision was confirmed, but an appeal

LONG ISLAND

51

YOBK— CITIES MJB TOWNS,

LOANS—

When

Due.

District No. 1—
$53,000... 1901 to 1927
4s
15.000 ..1913 to 1927
District No 2—
5s
$l,50O....1900tol902
5s
6.C00... .19J1 to 1903
4s,

,
,

DISTRICTS.

District No. J— (Con.)
5s,
$15.000. ...1904 to 1918
15.000. ...1904 to 1918
.->s
6.000. ...1919 to 1924
5b
District No 3—
5s
$9, 750... 1900 to 1°14
5e,

8,000.... 1910 to 1917

STME

52
$10,800.. ..1900 to 1926

5—

District No.
5s,

4»a8,

5s

District No. 11-

$5,500.. . 1900 to 1910
4.000.. ..1910to 1913
50,000.. ..1903 to 1'j27

,

.....

.1902 to 1921
.1908 to 1927
.1907 to 1920

35,000..
1M.500..

f8

,$10,000.. .1905 to 1914

...

No 12.1905
$9,000
District No. 13$12,950.. .1900
5s
District No. 145 s,
$10,500.. .1900
6,500.. .1900
4^s, .....
35,000. .1911
5s

5a

,

.

.

,

to

1922

to

1912

to 1920
to lull
to 1928

Assessed Valuation

.

Tax Rate.

Total.

Personal.

$24'2377
$44,103,582
$3,838,890
$40,264,692
1899
POPULATION.— In 1900 is estimated at 69, 66 as of July 1.

COUNTY OF RICHMOND.
When Due.
LOANS-

LOANS-

$90,000.. June

1, 1919
Aug. 1, 1915
4^8, F&A, 150,000.. Aug. 1, 1916
45,000. .Nov. 1, 1917
3^8, M&N,
June,1920
4s, g., $35,000, g
Aug., 1920
4&, g., 100,000, g
4s, g., J&D, $168,000. June 1,1921
4s, g., J&D, 202,000. June 1, 1922
4s. g„ A&O, 230,000. Oct. 1, 1922
Total debt Jan. 1, 1900. $1,723,000

5s, g., J&D,
3128, F&A,

$99,000. July 31 1900
1, 1902
40,000. Apr.
313s, A&O,
3 i^s, F&A, 50,000. Aug. 1, 190 4
63,000. July 31. 1905
3^8, J&J,
3i28,F&A, 50,000. Aug. 1, 1906
1, 1908
3Hjs,F&A, 40,000. Apr.
58,000. Jan. 31, 1901
3^48, J&J,
A&O, 50,000. Aug. 1, 1909
3s,
58,000. Aug. 1, 1910
Sa. F&A,

Funuing Bonus 1894—
J&D, $95,000

($1,000 yearly to 1925 and

$27,000 in 1926.)

NO.

TONA WANDA.

Thia city

is

100,000

.1914

CASTLETON SCHOOL DISTRICTS.
District No. 3—
When Due.
LOANS
$69,000.... 1900 to 19i2
5s
District No. 1—
District No. 4—
$:o.ooo... 1900 to 1913
«s
,$24,000....1900tol911
5s,
District No. 2—
District No. 5—
1900
$2,000...
5s

M&S, $27,600

1900-1905

Sewer Bonds—

1907-1 918
M&S, $60,000
($5,000 due yearly on Sept. 25.)

5s,

19011926

J&J, $78,000

,

4i«8, ....,

$5,738

1900

..

to

1916

"Village Hall

$15,000

1904

Bonds— 4s

VILLAGE OF PORT RICHMOND -TOWN OF CASTLETON.
Boulevard

Certificates of

Indebtedness— 6s. 1900

$6,509

to lv;02

VILLAGE OF TOTTENVILLE— TOWN OF CASTLETON.

LOANS—

When Due.

Water Bonus3%3

I

*5,000....1902 to 1926

,

Sewer Bonds

I

3^8

1902

..

to

1926

Road Bonds-

1

12,000. ...1902 to 1924

25,000....1902tol926|3i2S,

34s,....,

-

$20,000

,

TOWN OF MIDDLE TOWN.
$26.000 .... 1900 to 1925

4s,

Road Bonus-

When Due.

LOANS-

Refundimg Bonos

es,

$2,500...

5s

130,000....

MIDDLETOWN SCHOOL
When

LOANS- 1—

DlSTRICT NO.

2—

$92,000. ...1918 to 1944

5s,

,$40,500.... 1900 to 1917

5s,

TOWN OF NORTHFIELD.
Road Improvement Bonds— 5s

When Due. Bend, debt Feb. 1, 1900. $146,000
LOANS—
J&J, $50,000... Jan. 1902-1931 Assessed valuat'n*99....5,32*,424
School tax (per $1,000) '99. .$6-54
($1,000 y'rlyto'll; $2,000 to '31.)
4s, J&J, $ll>000.. .Janl901-1911 Population in 1900 (est.)... 10,000
'35
4s, J&J, $85,000. ..Jan.. '15 to
($5,000 in 1915 and $4,000 y'rJy.)

NEWELL, Mayor.
EDGAR
—
jwM.
STEPHENS,
Lawrence

T-viT'TVicrTDTTrD/'-*
r-tLx.
LJLjlJrl,rNoJr>U
/~\t~*

Thia city

is

in St.

NORTHFIELD SCHOOL DISTRICTS.
District No. 6— (Con.)
When Due.
1901 to 1922
5s, June, $43,000
District No. 3 —
($2,000 annually to 19 2 1 and
4 78 8, ..... $2,947 36. .1900 to 1915
$1,000 in 1922 on June 1.)
District So. 4—
District No. 7—
1900 to 1904
$2,150
6s
$2,800. ...1900 to 1915
6s
District No. 5—
District No. 8—
$20,000....1900tol920
5s,
"

LOANS-

,

District No.

6—

Nov.

5s, ..... $3,000

1,

1900

4348, .....
5s,

,

$1,260.... 1900 to 1905
6,300. ...1900 to 1916

TOWN OF SOUTHFIELD.
'

LOANS—
Refunuino Bonos -

4s,

,

When Due.

Roau Bon. s—

$25,800.... 1899 to 19S2

1927
1927

$140,000...
115,000...

5s,

5s

When Due.

County.
When Due.

LOANS—

4s,

,$11,900
District No. 2—

5s

5s,

,

,

If

00 to

3—

District No. 4—
1916
5s
$2,000.
District No. 6—
1914
58

,

1901

$3,375

.1900 to 1907
.1900 to 1914

$6,600. ..19(0 to 1921

When Due

LOANS-

WESTFIELD

3'

LOANS- 1—
,

$3,400.. ..1900 to 1916

District No 2—
$3.333
^s,

,$10,000.... 1900 to 1919

District No.
5a

1900

to

1907

,

District No.
4i«8, .....

6—
7—

$9,375. ...1900 to 1914

LOANS—
F&A,

$22,000.. Aug. l.'OO-'lO
J&J, 36,000.. July 1,'00 '17
($2,000 yearly.)

4s, J&J, $31,500
($1 ,750 due yearly)

OLEAN,

J.

H.

WARING,

This city

is

in

Clerk.
in Cattaraugus County and was incorporated as a city April
25, 1893, succeeding the village of Olean.
ia

When Due.
LOANSCity BUILUING
1901 1908
4128, A&O, $8,000
($1,000 due yearly on Oct. 1.)

Sewer Bonds—
July 2, 1901
J&J, $2,300
.1912-1918
J&J. 35,000
($5,000 due yearly on Jan. 1.)

5s,
4-,

Water Works Bonds—

1901-1903
4^8, J&J, $30,000
1909-1914
4*28, J&J, 12,500
Total debt Mar. 1.1900.. $192,900
Water debt (included)...
71,100
Total valuation 1899.. ..3,569,505
Assessment about actual value.
Total tax (per $1,000) '99.. $1000
Population in 1899 (eat.)... 11,600
Population in 1890 was
7,358
For debts of Olean School Districts see --Additional Statements" at

1901-1904
($1,250 due yearly on July 1.)
1900-1904
5s, Nov. $21,500
($4,300 due yearly on Nov. 1.)
1901-1906
4s, F&A, $23,400
($3,850 yearly on April 15.)
1901-1907
4a, F&A, $13,300
($1,900 due yearly on Feb. 1.)
5s, July,

$5,000

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

ON EON T A. —This

village

When Due.

Jan. 1, 1901
($1,000 duey'rly) to Jan. 1, 1906
3iflS,
,#20,000.. July 13, 1900
($1,000 due y'rly*. to July 13, 1919
Aug. 1, 1900
5s,
$1,500
($500 due yearly) to Aug. 1,1902
5e,
.May 1, 1904
$6,000

$6.000

,
,

4,500.... .May
5,000.... .Mar.

ONONDAGA
is

1,
1,

1906
1904

3s,

is

in Otsego County.

J&J, $15,0C0.July 1,'03-'17
1903-1918
15,000
Bonded debt Nov. 1, '99. $49,900

3-65s,
313s

When Due.

School bonus—
4^s,A&0, $10,000

Population in 1898

CO.— Irving

When Due.

J&J, $170,000

.July, 1900-'29

($5,000y'rlyto'19; $7,000to '29.)
Interest is payable at Syracuse.

91,000

1900-1909
1910-1927

(est.).... 8,000

Coonley, Treas.

Total debt Mar. 1, 1900. $170,000
Tax valuation, real.. 103,248,881
Tax valuation, person'1.15, 124,626
Total valuation 1899.118,373,508
Population in 1892 was... 91,944
Population in 1890 was. 146,247
.

$4,000.... 1900 to 1907

J.

.

City Chamberlain.

city is

LOANS—

Wlien Due-

Miscellaneous Bonds—

1914
J&J, $9,000
1915
3%s, J&J,
9,000
CERT8. OF INDEBTEDNESS.—
Refonuing School Bonds—
1900-1905
Nov. 1, 1918 5s, Var., $33,444
4s. M&N, $2,500
Interest payable in New York.
Water Bonds
1901-1902 Total debt Feb. 1, 1900 $998,944
7s,
J&J, $6,000
196,000
1903-1916 Water debt (included)
J&J, 51,000
58,
1901-1918 Ass'd valuation, real.. 14,487,879
J&J, 95,000
48,
521,500
1915 A ss'd valuation, pers'l
3%8, J&J, 38,000
1911-1912 Total valuation 1899.. 15,009,379
6.000
4^8, J&J,
Assessment about 23 real value.
Sewek Bonds
1901-1910 Total tax (per $1,000) '98.$23-933
5a,
J&J, $20,000
1901-1917 Population in 1899 (est.) .22,000
4s, semi-an. 613,000
M&N, 15,000. ...May 1,1919
4s,
4s, semi-an,

,

Float'g debt (additional)
6,600
Assessed valuation, real. 1,465,300
Assessed valuation, per'l 218,200
Total valuation 1897. ...1,683,500
6,272
Population in 1890 was

Syracuse.

Penitentiary Ponds—

Niagara

LOANS—

.

Mayor.

5

1

.

CHAS. KEENAN,

M. B. BUTLER, Mayor.
a/^a-da
r ALLb. — FRANK SULLIVAN, Clerk. OSWEGO. -T. F. Gleason,
AH. A tjattc
N AG
This
in Oswego County.
County. All bonds are tax exempt

tvtt
I

When Due.

Water Works Bonos— (Con.)

3i2S,
4s,

.

LOANS—

District No. 5
6s,

Treaaurer.

July 1,1900
toJuly 1, 1917.
Total debt Feb. 8, 1900.. $236,000
Water debt (included)
156,500
School Bonds—
1900-1917 Tax valuation, real
3,431,915
4s, J&J, $31,500
Tax valuation, personal. 783,200
($1,750 annually on July 1.)
Total valuation 1899.... 4,215, 115
Water- Works Bonds—
1900-1908 Assessment about 3-5 actual value.
3 ^8, M&N, $27,000
Total tax (per $1,000) '99.. $24-24
($3,000 due yearly on May 30.)
1909-1918 Population in 1900 was
13,000
3^8, M&N, $40,000
Population in 1890 was
11,662
($4,000 due yearly on May 30.)
INTEREST is payable at New York and Ogdensburg.
TAX FREE. All bonds are exempt from city taxes.

County seat

HOOL DISTRICTS

When Due.

District No.
«8,

1922

,$80,000....

1920

,$35,000....

4s

Roau Bonos— (Con.)
58

A&O, 36,000...1906tol923

($2,000 due yearly on May 1.)
3^8, A&O, $2,000. May 1, 1904-5

5s,
4s,

TOWN OF WESTFIELD
Roau Bonos—

1900-1903

($2,000 due yearly on May 1.)
A&O, $2,000. May 1, 1904-5

4s,

$750....

,

$9,000. ..1900 to

District No.
5s,

.

A&O, $8,000

LOANS-

District No. 3- (Con.)
5s

M.

Highway Bonos 1893—

SOUTHFIELD SCHOOL DISTRICTS

LOANSDistrict No. 1—

A.

5

Paving Bonds—

.$150,000

1927

,

1.-

of the city'a territory.

4a,

Olean

DISTRICTS.

District No.

Due,

1900
1927

1924

.

North Tonawanda School District No.
A portion

4a,
4s,

VILLAGE OF EDGE WATER-TOWN OF CASTLETON.

1,

4^8, A&O, 125,000. Aug. 1, 1926
Bonded debt Aug. 5, '99. $675,000
Water debt, included .... 400,000
Tax valuation 1899
6,173,032
Asaeaament about ^ actual value.
Total tax (per $1,000) '99. $22-31
Population in 1890 was
4,793
Population in 1899
10.5C0

INTEREST on all bonds except paving 5s is payable at the Chase
National Bank; on the paving 5s at the Bauk of America, N. Y. City.

I

1

Mayor.

Treasurer.

($3,000 due yearlv on Jan. 1.)
4s, J&J, $19,000... Jan. 1901-1919

I

I

STOCUM,

4s,

($4,600 due yearly on Sept. 15.)

,

,

COOK OILLE,

H. M.

Water Bonus.
A&O, $275,000. .Apr.

When Due.

Paving Bonds—
6s, J&D, $14,850
5s,

W.

iu Niagara Couuty.

LOANS—

4s,

When Due.

Road Bonds—

County bonds—

413S.J&J,

4s, g.,

LOANS—

1900 to 1902
($4,950 due yearly on Dec. 27.)

BOROUGH OF BICHflONO.
Heal.

This town is in Nassau County.
When Due. Bonded debt July 31,'97. $127,500

J&J, $52,000. ..Dec.UOO 1925 Assessed valuation 1898 4,994,885
$2040
J &J, 10,000.. July. 1900-1909 Tax rate (per M) l! 00
9,000
4,500. July 1.1910-1914 Population in 1897 (est.)
J&J,
8.134
J&J, 53,000.Julyl.l 00-1926 Population in 1890

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

District

District No. 65s
$900.. ..1900 to 1901
District No. 7 —
$2,800.. ..1900 to 1913
5s
District No. 9—
1900 to 1920
5s,
,$21,000

HEMPSTEAD. —

NO.

BOROUGH OF QUEEN?.— (Con.)
District No. 10When Due.
LOANS- 4—
$30,000..
5s,
DlSTHICT NO.
5s

LXX

Vol.

4s,

—

.

—

.

.

LOANS—

City
4s,

Bonds—

A&O, $8,652 60

When Due.
1900-1905

($1,442 10 annually.)
7a,

1900-1902

$3,000 yearly on Oct.

1.

($24,000 due yearly.)
$129,000.... 1900-1917
($8,000 due yearly.)
Asseased valuat'n '99..$10,203,500
Tax rate (per $1,000) '98.. 29-20
25,000
Population 1899 (eat.)

3^8,

1902

J&J, $12,000

School Bonds—
3^8
$9,000

Railroad Bonds—
J&D, $444,000.... 1900-1918

312s,

A&O,

Improvement Bonds—
Oct.,'99.'06
4s, A&O, $18,658
4s, A&O, 47,739-94
INTEREST is payable at the Am. Exch. Nat. Bank of New York.
TOTAL DEBT, Etc.— The total bonded debt February 1, 1899, was
$607,000. The interest and principal of railroad bonds when due are
met by the tax levy of Oswego County.

YQftK— CITIES

1900.

April,

m®

53

TOWNS.

CO.— Cha.s.
OSWEGO COUNTY.— Tkomas Moore, Treas QUEENSLong
A
County seats are Oswego and Pulaski.

LOANS—

$l**,000
Total debt Feb. 13, 1900
Valuation, real
24.586,3^4
Valuation, personal
2,613,402
Total valuation 1899. .27,199,726
640
State * Co tax (per M.) '98.

Wlien Due,

County bonds—
1901-1905
,$'20,000
($4,000 duo yearly on Men. 1).

3^8,

.

Funding Floating Debt—
1900-1905 Population
3^8, M&S, $60,000

in 1892 was
Population in 1890 was

($10,000 due yearly).

INTEREST

on the funding bonds

payable

is

New York

70.970
71,883

City.

1\ Seeley, Clerk.
This town is in Seneca County.
$1,119,1 4 5
When Due. Tax valuation, real
LOANS2 1 2,200
Tax valuation, personal
Penn. & Sonus Bay RR.—
7s, M & S, $60,000. Aug. 31 1901 Total valuation 1899. .. 1,331,345
Assessment same as actual value.
Interest is payable in N. Y. City.
Total debt Deo. 1, 1899.. ..$60,000 Total tax (per $1,000) '99... $9-54
3,651
17,744 Population in 1890 was
Sinking fund
3,725
42,256 Population 1894 (est.)
Net debt Die. 1,1899
TAX FREE.— All bonds are exempt from town taxes.
.

—
OYSTER BAY.
When

Island City.

is

cision of the courts.

OVID.— D.

.

L. Phipps, Treasurer.
«ood part of the county is now
Included in the Greater New York, and a bill changing name to Nassau
County has become a law. Act took effect January 1, 1899. Theamount of th« outstaudine bonds of this oounty which will be chargeable to the city of New York has not yet been Judicially dcterminr-d:
although the decision of ex-Judge Brown, as referee, placing it at
$3,822,316 was confirmed, the matter is still in the courts on appeal.
New York City is now paying -7949 5664771 of the interest of the debt
of Queens County as constituted prior to Jan. 1, 1899, Nassau County
paying -20504335229— all payments being subject to the final de-

County seat

This town is in Nassau County.
Due. Assess, val., personal.. $757,120
LOANS—
Dec. 1, 1917 Total valuation 1898... 9,266,135
4s,
$650,000
17-00
Bonded debt Mar. 20,'98 $668,000 Tax rate (per M.) 1900
13,870
Assessed val't'n, real.... 8,509,015 Popu ation 1890
(For debt of School District No. 5 see "Additional Statements" end
I

I

LOANS—

Flushing

Highway—

Road Bonds— (Con.)

WhenDue.

$45,000 (gold) 1902

4s, semi-an.,

J&D, $50,000.. Dec.
J&D, 240,001. ..Dec.

4s,
4s,

Gold Bonds

J&J.

4g,
4s,
4s,
4s,

J&J, $110,000
4g, J&J, $151,000g.... July 1,1916
4s,

M&N,

I'-,

400,000.... May

275,000

g.,

1917

15. 1917"

Nov.

1,
1,

1922
1916

A&O,
A&O,
Funding Bonds—
Bonds—
Other
1.1927
Dec.
4s, JAD, $260,000....
190050,000... Deo.15, 1917 4s, J&J, $135,000
4s. J&D,
($15,000 due yearly) to 1907
Building Bonds .Dec. 27, 1902 48, J&J, $100,000.. Jan. 1, 'lO-'lO
4s, J&D, $10,000.
4s. J&D, 120,000... Dec. 15,1927 Total debt Dec. 1897.. $4,823,000
618,000.... Apr. 1, 1917
135,000. ...Oct. 1,1917

. .

Road Bonds—

4s, A&O, $340,000... Oct. 15. 1917
4s, M&N, 375,000.. Nov. 15. 1917
55,000. ..Dec. 27, 1917
4s, J&D.
4s, J&D. 1,239,000.. ..Dec. 1,1917

Tot. val. insideN.Y. 81,519,513-50
Tot.val. outsideN.Y.21,026,347 00
(Valuations are for 1898.)
Population in 1892 was... 141,807
Population in 1890 was. ..128,059

RENSSELAER.— C.

W. Riley, Treasurer.

I

|

New York

of

State.)

PEEKSKILL.-Chas.

Swain.

R.

Westchester County.
WhenDue. Floating debt
$14,000
LOANS—
Total debt Feb. 1, 1900.
216,000
Water Bonds—
1904 Sinking fund
33,000
7s,
,$150,000
183,000
3-708, J&J, 40,000.. .July 1, 1922 Net debt Feb. 1,1900...
5 ,754,555
3*28
1,500.... $500 yearly Tax valuation 1899
$22-50
1929 Total tax (per $1,000)
3»«8,
8,000
12,500
3-95s,
2,500. ...$500 yearly Population in 1897 (est.)
9.676
Bonded debt Aug. 1, '97.. $191,500 Population in 1890 was.
This village

is in

.

,

.

.

Thi? city, formerly the village of Greenbush, was incorporated April,.
1897, and is in Rensselaer County.
Sewer Bonds —
When Due.
LOANS—
July 2, 1901
4s, J&J, $10,000
Broadway Bonds—
July 2, 1902
5,000
4Hss, J&D, $19,000... June 1, 1905 4s, J&J,
July 2, 1903
4s, J&J, 10,000
Paving Bonds—
4s, Sept. 11, $5,000. Sept. 11, 1901 Total debt Jan. 1. 1900. $241,000
4s, Sept. 11, 56,000. Sept. 11, 1911 Assessed valuation '99. 3, 277,962
4s, Oct. 20, 2,000... Oct.20, 1901 lotaltax (per $1,000) '99.. $25-00
Population in 1899 (est.) ...8,000
4s, Oct. 20, 32,000... Oct.20, 1911
7,301
Population in 1890 was
4s, Dec. 15, 72,000. .Dec. 15, 1911
30,000. .Oct. 11. 1912
4s, A&O,
INTEREST on the sewer bonds is payable at the National Commer
on all other bonds at the Albany County Bank.
cial Bank, Albany
|

;

PLATTSBURG.—
LOANS—

Renewal Bonds

When Due.

-

1900

$5,000

4s,

Clinton County.

to

Total debt Jan. 1, 1899.. $190,000
Assessed valuation, real. 1,761, 895
As-'d valuation, person'l 466,553
Total valuation 1898.... 2,207,498
Tax rate (per $1,000) '98
2300
Population 1890
7,010
Population *892
10,022

1904

School BondsH—
3^8,

$8,300

....,

Water Bonds—

48
H

1900 to 1928

,$29,000

Exempt from

taxation.

DPiDT PUTTCTCD
ic-n. —

5 JOHN W. McCARTY, President.
r~^<-fr\ 1 V-/rm.o
Nicholas duffy. Treasurer.
This village is in Westchester County.
WhenDue. Bonded debt Feb. 1, 1900. $68,847
LOANS—
Street- Improvem't Bonds—
Assessed valuation '99.-5,316,410
3i«8, A&O, $11,000. ...Oct. 1,1903 Assessm't about 60% actual value.
(*2,000 due yearly) to Oct. 1. 1923 Tax rate (per $1,000) '99...$1717
Sewer bonds
$22,114 Population in 1890 was
5,274
Park bonds
2,500 Population in 1893 (est.) ...7,250
Building bonds
750
?.

PORT JERV1S.—John Kinsila, Jr., Vil
Port Jervis

is

in

When Due.

Sewer Bonds—

Total debt Feb. 1, 1900...|$85,000
Total valuation 1899.... 1,970,625
Assessment about ^ actual value.
Tax rate (per $1,000) 1899 $2364
Population in 1890 was
9,327
Population in 1898 was
9,572

F&A, $50,000
F&A, 35,000

Aug. 1, 1911
Aug. 1,1911
Interest payable at National Bank,
Port Jervis, N. Y.

4s,
4a,

D/^kT Tr^ t-T LT TrtTTOCTTT
I-'CJULxtl±Vlilil-'S>lJi.

—

5

ISAAC W. 8HERRILL, Mayor.

HOWLAND

ic.S.
Chamberlain.
the county seat of Dutchess County.
When Due.
Sewer Bonds -(Con.)—
LOANS—

This city

is

Water Bonds—
M&N, $364,000.. May

7s,

67,000
98,000
14,000

4s

3^8,

3*29,
1, '00-'13

....

3s

3s,
3s,
3s,

Railroad Bonds—
7s,
7s,

1930-08

1,

F&A. 273.000. .. .Feb
6,000
10,000

3s,

50000

1,

1902

F&A, $58,000. Aug.

1,

Deficiency Bonds—

•

1909-*J0

M&N, $83.000
Sewer Bonds—

May 1,1914

$15.000
6,000
20,000
20.000
10,000
10.000
10.000
94,000

Feb. 1,1902

7s.

4s, F&A,
4s, F&A,
4s, F&A,
4s, F&A,
48, F&A,
4s. F&A.
3*28, ....
4s,

INTEREST

is

Aug.

..

1,

1905

30,000

F&A,
F&A,

20,000. .Feb. 1,1906*07
39,000.. Aug. 1,1906'07

99.000

5s J&J, $3.000

Bounties—
5s, M&S, $16.000
x.000
41-2S, M&S, 17,000
48.M&S, 17,000
4s, M&S. 20.000
4s, MAS, 18.000
4s,M&S, 20,000
3s,M&8. 20,000
3S.M&8, 20,000

5s,M&S,

Fallkill Improvem't Bonds—
7s.

F&, $20,000

High School Bonds—

M&N, $45.000.May

4s
38

3i28

Asylum Bonds—
Aug. 1,1903 3s, M&S, $15.000
Aug. 1,1904 3s. M&S, 32.000
Feb. 1, 1904
Refunding Bonds—

July

1,

1906

1900
1909
1901
1902
1903
1904
1905
1906
1907

.Feb. 1,1903

Feb.

1.

1905

3s,

...

1908
1909-1910

.$75,000... Oct., 1900'29

($2,000 yearly to 1928 and $19,000
in 192H.)

payable at Fallkill National Bank, Poughkeepsie.

TOTAL DEBT, SINKING FUNDS, ETCJan.

Jan. 1. '99. Jan. 1.'98$1,701,000 $1,714,000
558,000
575,000
The city owns buildings valued at $200,000.
CITY
ASSESSED VALUATION—The city's assessed valuation and tax
five been as follows, real estate being assessed at about twothirds of cash value
Personal
lotnl A tsessed Rale of Tax
Tears—
Real Estate.
Property.
Valuation, per $1,000.
1899
$11,539,175
$l,«5\7d0
$13,394,87*
$2450
1898
11,512,170
23-40
1.879,100
13.391.270
1807
11,721,675
2344
2,055,600
13,777,275
*#*>
10,799,170
1,890,050
12,689,050
2510
1S»1
10,556.320
23-44
2,379,850
12,436,170
1890
9,718,890
23-44
3,813,850
13,532,740
„ POPULATION.— In 1892 population was 23,196; in 1890 it waa
22.206 in 1880 it was 20,207 in 1870 it was 20.080
1.

1900.

Tot. funded debt (incl. water debt). $1,688,000
Water debt, included above
538,000

PROPERTY—

;

;

County seat

is

Manx.

P.

Treas.

Troy.

When Due.
LOANS—
Court-House Bonds (reg.)—
1901-1910
3^8, A&O, $60,000

War Bonds

(renewal)—
Feb. 1, 1905$30,000
Feb. 1, 190630,000
20,000
Feb. 1. 1907
($6,000 due yearly on April 1.)
27.000
Feb. 1. 1908
3^8, A&O, $120,000. .1911-1930
5,000. Feb. 1, 1901 -'05
($6,000 due yearly on April 1.)
($1,000 due yearly.)
312s, A&O, $105,000. Apr. l,'31-'45
Feb. 1, 1901
48.F&A, $1,000
($7,000 due yearly.)
3^8, A&O, $25.000..194l to 1945 4s, F&A, $3,000. Feb. 1, 190 1-'03
($1,000 due yearly.)
($5,000 yearly on April 1.)
. .

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

F&A,
F&A,
F&A,
F&A,
F&A.

4s,

F&A. $32,000. Feb.

House of Industry Bonds—
Feb. 1,1901
F&A, $40,000
Sinking Fund Bonds—
3*28, A&O,
$70,000. Apr. 1, 1901

4s,

3ij8,

1.

1901-'16-

($2,000 due yearly.)
F&A, $30,000.. .Feb.l901-*3O

Refunding Bonds—

F&A, $21,000 Feb. 1,1901, to
($1,000 due yearly) Feb. 1, 1921
Bonded debt Jan. 1, 1900. $766,000
($15,000 yearly on April 1.)
71,3< 2,808
Tax valuation, real
War Bonds (renewal)—
1,1901
Tax
valuation, pers'L 7,^51,432
Feb.
4s, F&A, $16,000
78,854.240
Feb.
1902
Total
valuation,
1899.
1,
4s, F&A,
9,000
Feb. 1,1903 Population in 1892 was... 128,923
4s, F&A, 13,000
Feb. 1, 1904 Population in 1890 was. ..124,511
4s, F&A,
7,000
INTEREST on the court-house bonds is payable at the office of the
County Treasurer on all other bonds at National State Bank. Troy.
($10,000 due yearly) to Apr. 1.'07)

3»28,

A&O, $150,000.1908

to

3 138,

1917

-

Cl'k.

Orange County.

LOANS—

RENSSELAER CO.— Elias

;

RICHFIELD SPRINGS.—A.
si

AN, Treasurer.

LOANS—

—

This village

Monroe Free-

Otsego County.

Water Bonds—

When Due.

Sewer Bonds

is in

-

5s
$7.000
$76,000
1925 Total debt Feb. 1.1900
$19,500
5s,
48,000
(Subject to call after 1905)
Water debt (included)
1925 Tax valuation, real
1,207,230
$5,500
5s,
Tax valuation, personal. 129.200
Water Bonds, Refunding—
1900 Total valuation, 1899 ...1,336,4304s,
$500
19.000
1901 to 1919 Assessment about ^ actual value.
4s,
Total tax rate (per M.) '99.. $26-00
($1,000 yearly.)
2,192
Dec, 1900 Population in 1890 was
$20,000
5s,
Population in 1894 (est.) ...2.50O
INTEREST is payable at the First Nat. Bank of Richtteld Springs
The water bonds of 1894 are tax exempt.
TAX
,

EXEMPT—

RICHMOND CO.— New York
CARVAHAN,
O
nr'UTTCTCD — GEO.
aUL-niLOl
B will lAMS.
county
Monroe
—
— When
LOANS—
NAME AND
See

Rochester

is

A.

5

r^irt.

City.

$ S-

county.

seat of

the

Mayor.

Treasurer.

.

Principal,
Interest
Outstand'g.
Due.
Rate. Payable.
PURPOSE$100,000
•Bridgebonds
Jan. 1, 1920
r 3
Subject to call after Jan. 1, 1900.
100,000
Bridge bonds
Julv 1. 1922
r 3*2 J & J
Subject to call after July 1. 1902.
100,000
'Bridgebonds
Sept. 1. 1921
r 3*4 J & J
Subject tocallaft.T Sept. 1, 1901.
335,000
tCity Hall commission... c 7
Jan. 1, l!">100,000
An*. 1, 1912 _
•Consolidated loan
r 3*3 F &
.

J&J

"East side trunk sewer... r

4

J&JA
J&J

1
j

j^.'oob yearly"

\

l;s0 00<>
'

Subject to call after 20 years.

do

do

....,-

31*

J

&

J

feooo'yeariy^

Subject to call after 20

do

3*

do

J

&

J

7

^.^ooo'yetr'ly
Subject to caU after 20 years.
Jan. 1, 1905
r 7

000

250 000
-

410,000
500,000
300.000
60,000

.-

J&J

'

!

J&J
J&J

tFunding, 1875
Oct. 2,1919
Local imp't bonds, 1899.. 3>a F & A
July 1, 1928
tPark bonds, 1888
r 3
8ubject to call on and after July 1, 1898.
1936
3»« J & J
Ido
1896
Subject to call after Feb. 28, 1906.
Railroad loans—
02
J
tRefunding RR.
J & J \ ^",oV)0 yearly
7
Jan. I, 1903
(Refunding RR
c 7
.

S 00

years.

\

8 00 °
72,000
'

54

m®

STATE

LOANS-

,

NAME AND PURPOSE.
Refunding RR., 1893..

—

Interest
P. Ot. Pai/'e.

When

CITY $UfflEff£WT,

Principal.
Oulstand'g.
Ihte.

Feb. 1, 1913
3^ F & A
Subject to call after Feb. 1, 1903
•fWaterw'ks, 1873-76. r&c 7
Jan. 1, 1903
J & J
do
Feb. 1, 1943
Ido
r 4
F & A
Subject to call after 20 rears,
:5i
tdo
Feb. 1, 1942
1892. r
2 1° & A
Subject to eall after Feb. 1, 1912.
Ido
Feb. 1, 1944
1894. r 3>a F & A
subject to call Feb. 1, 1914
Mo
Feb. 1, 1914
3>5 P
Aug. 1, 1918
-Water shed bonds... 1898 3*2 F & A

745,000
3,182,000
300,000

500,000

Total valuation 1899..$25,269.'"70 County tax (per $1,000) '97. 4*68
Assessm't is nominally full value.
Population in 1892 was
57,301
State tax (per $1,000) '97
$2-48 Population in 1890 was
57,663
The foregoing bonds .are coupon bonds for $1,000 each.
INTEREST is payable at the Co. Treasurer's office, Saratoga Springs.
.

SARATOGA SPRINGS.-Jas

950,000

&A

Clerk

TOTAL DEBT, SINKING FUNDS,
total

Etc.—The subjoined statebonded debt, including the water debt.

tug. 1,1899 Aug. 1, '98. Jan., 1898. Jan., 1897. Jan., 1896.
Bonded debt. $8,616,000 $8,420,000 $8,420,000 $8,424,000 $8,443,000
Water debt... 5,792,000 5,592,000 5,592,000 5,342,000 3,592,000
On August 1, 1899, the city had a sinking fund of $543,319 44. In
addition to the above debt the city had on August I, 1899, a floatin?
debt of $1,533,825, consisting of outstanding notes and " contractors'
acceptances," payable largely by assessments."
Genesee Valley Railroad refunding loan, due from 1900 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 city's assessed valuation and tax
rate have been as follows, real estate being assessed at from 60
to 80 per cent of actual value.
Years.

Real

Personal

Estate.

Property.

Rate of Tax
per $1,000

1899
1898
1897
1896
1895
1890
1880

$8,107,820
$102,153,875
$15-90
10,966,015
101,827,725
16-18
5,113,050
101,065,200
20-37
5,692,304
100,054.350
16-19
6,081,200
99,389,050
15-20
5,937,950
88,053,750
23-86
1.430.144
34.408.725
POPULATION — Tn 1892 population was 144,834; in 1890 it was
133,836; in 1880 it was 89,366; in 1870 it was 62.386. The population in 1895, according to local figures, was 160,000.

This village

$5.000

5s,

LOANS—

due.

Sept

1.

1901

When Due.
1902-1920

48, ....,$95,000

($5,000 due yearly on Aug.

MAS, $5,000
M&S, $24,000

1905

1.)
1

MAS, $3,000

908

($1,000 due yearly on Sept.

6s,
5s,

MAS, $5,000
M&S, 35,000

Sept. 1,

1.)

5s,
5s,
4s.

1910

1911-1917

($5,000 due yearly on Sept.

)

1909-1911

1.)

Water Bonds—

1900-1904

($6,000 due yearly on Sept. 1
5s,

McNulty,

Village Hall Bonds—

($1,000 due yearly on Sept.
5s,

D.

Saratoga County.

is in

When

Sewer Bonds—

t

ment shows Rochester's

—

Floating Debt Bonds —
bs, .....

$5,000 each.

.

LOANS—

250,000
200.000

$1,000 each.
INTEREST— With 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.
*

LXX

Vol.

M&S,$10,000

Sept.l,

MAS, 19,000
M&S, $105,000

1.)

1900

1901-1905
1900-1917

(Part due yearly on Sept. 1.)
(For debt of Saratoga Springs " town," see additional statements
end of New York State.)
TOTAL DEBT, Etc.—The bonded debt of the village on Feb. 1,
1900, was $301,000; floating debt, $5,000; total debt, $306,000',
water debt (included in total), $174,000.
ASSESSED VALUATION— In 1899 the assessed valuation of
real estate was $6,116,005 personal property, $402,870'; total valuation, $6,51*. 875. Property is assessed at about 34 of its actual value.
POPULATION— The population in 1890 was 11,975; in 1880 it was
8.421; in 1°00 (estimated) 12,000.
Summer population 35,000 to
50,000.
;

SCHENECTADY,

ACOB W. CLUTE,

S

J

I

JOS. H.

Mayor.

BERN ARDI, Treasurer.

This city is situated in the county of the same name, and was incorporated in 1798.
>
Diterest.
Principal
LOANS—
Outstandfg.
Rate. Payable.
When Due.
NAME AND PURPOSE.
v *
* A
a 5 Feb H- 1910-15)
School
1889 3
*
$5,000 yearly. J $30,000
I
SFeb.l,
1916to'19>
v
Mr
a
do
1890 3
20,000
* & *\ $5,000 yearly, f
Auar
l.'00to*03f
do
1898 4
F & A$ $3,000 yearly.
12,000

—

*

,

-

-

ROCKLAND
New
City

CO.— W.

J.

Randolph,

Treas.

do

the county seat.

is

When Due. Bonded debt Mar ,19
$83,000
LOANS—
Assessed val'ation, real. 16,810,870
County Roa" Bonds—
I

|

5s

,

5s,

4Vs,

.....

Mar. 1, 1901
Mar. 1,1902
'9.500.. Mar. l,'03-'05

$5,500
10,000

|

|

Assessed val'ation, per'l
932,172
Total valuation, 1899.-17,743,042
Population in IS 90 was
35,162

County Bon»s—
48.000.... Mar. 1, '06-*13

5s,

—

or^A/TIT
CXKJiVltL,.
This city

is

in

5

A.

|

WHITE, Mayor.
CARROLL, Chamberlain.

8.

{j. h.

Oneida County

LOANS—

LOANS-

When Due.

TT/ien

Due.

City Hall Bonds—
School Bonds—
Feb. 1, 1901
J&J, $5,000
Nov. 1,1900 4s, F&A, $58,500
($3,250 yeaTly) to Feb. 1, 1918
($1,000 due y'rly) to Nov. 1, 1904
4s, J&J, $fi.O0O. .. Jan., 1901 to '(.6 Total debt Aug. 20, '99.. $427,750
Water debt (included).
160,000
($1,000 yearly.)
Sewer Bonds —
Assessed valuation, real. 6, 434, 961
4s, J&J, $150,000. Apr.15,1907-21 Assessed valuation, per'l
804,641
($5,000 y'ly to 1920; bal. due 192
Total valuation 1899
7,239,602
4s, JA J. $37,000.... Apr. 15, 1921 Total tax (per $1 ,000) '97
21 06
Water Bonds—
Population 1899 (est.)
17,000
3*28, J&J, $160,000. Sept. 15, 1911 Population 1890 was
14,991
The total tax rate given above includes State, county and town tax,
4s,

. . .

1

$8-29

;

city tax, $8-40

;

school tax, $4-37.

PAR VALUE-—The water and

sewer bonds are for $1,000 each;

all

others $500 each.

ST.
St.

HARRY WALRATH.

JOHNSVILLE.

Johnsville

is

in

LOANS—

Water Bonds—

H. F. STICHEL,
Montgomery County.
When Due. Bonded debt Apr. 1,

Prest.
Clerk.

J

'99.

Total valuation 1899

4 128,

$47,200
794,675

$21,000
1900-1920 Assessmentis about ^ actual value.
($1,000 yearly on Aug. 1.)
Tax rate (per $1,000) '99.. .$16-50
4s,
1910-1924 Population in 1890 was
$15,000
1,263
($1,000 yeatly on Sept. 2.)
Population in 1880 was
1,072
1905-1916 Population 1899 (estimated). 2, 100
.-,
$8,200
4s,
12,000
1903tol924
(Part yearly.)

INTEREST

ST.

payable at

is

St.

Johnsville and Kingston.

LAWRENCE CO.— M. H. Flaherty, Tr.

County seat

Cab ton.

is

LOANS—

When Due. Assessed val.,real
$34,811,770
Court House Bonds—
Assessed val.,person'l 3,958,965
4s, M&S, $55,000
1901-1911 Total valuation 1899
38,770,735
($5,000 due yearly on Mar. 1)
Assessm't is 85% of act. value.
Jail Bonds—
Population in 1892 was
86,254
4s,
Mar. 1,1913 Population in 1890 was
$25,000
85,048
. .

($5,000 due y'rly) to Mar. 1, 1917
Total debt Mar. 1, 1900.
$88,000

INTEREST

is

Population 1894 (estimated) 86,673

payable at County Treasurer's

office,

Massena

Baxter. Supervisor.
Onondaga County
When Due. Total valuation 1899 $1,417,497
LOANS—
Syracuse North. RR Bonds—
Asf essm't about 70 p
real value.
48, M&S, $133,200. Sept. 1. 1900 to Total tax (per $1,000) '99.. $10-00
($3,600 due yearly) Sept. 1. 1936 Populationin 1892 was
3,493
Total debt Jan. 1, laOO. $133,200 Population in 1890 was
3,490
INTEREST is payable by the Union Trust Co., New York City.
is in

.

SARATOGA
County
seat

is

County Bonds—
F&A,$12,000

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

B. Grippin, Treasurer.

13,000
14,000
15,000
16,000

When Due.

F&A,$17,000

1906
F&A, 18,000
Feb 1,1907
F&A, 18,000
Feb. 1, 1908
Total debt Aug. 1, 1899. $135,000
4s,
4s,
4s,

Feb.

1,

1901
1902
1903 Tax valuation, real
23,508,405
Feb 1,1904 Tax valuation, person'l. 1,761,365
Feb. 1,1905
Feb.
Feb.
Feb.

1900
dewer
1884
do
1884
do
1891
do
1892
do
1894
do
1896
do
1886
do
1887
do
1889
do
1890
do
1890
do
1898
do
1899
Street improvements, 1895
Water
1885
do
1885
do
1885
do
1894
do
1894
do
1893
do
1895
do
1895
do
1895
1R95
do
do
1895
do
1896
do
1886
do
1886
do
1889
do
1889
do
1889
do
1886

1,
1,
1,

J

A
F
A
F
F

&
&
M&
M&
M&

J
J

do

1898

do

April, 1S<20-1923

O

A

$3,000in'20,then

$5,000 yearly.

18,000

'

'

Feb., 1905-14
Oct. 1, 1904

O
O
o
o

10,000
5,000
30,000
10,000
10,000
15,000
5,000
10,000
5,000
5,000
13,000
10,000
15,000
15,000
122,550
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
6,753

1905-1907
$10,000 yearly.
Oct. 1, 1920
Oct. 1, 1921
Aug. 1, 1922
July 15, 1923
Oct. 1, 1901
Aug. 1, 1904
Oct. 1, 1908
Aug. 1, 1910
Aug. 1, 1911
D June 1, 1924
July 1.1925
J
1900 to 1903
N Nov. 1, 1902
N Nov. 1, 1903
1, '08 to '15 )
N 5( Nov.
$10,000 yoarly. 5
Aug. 1, 1911
(Aug. 1, 1912 13 )
I $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

F&A
F&A
F &

M&
M&
M&
M&
M&
J &
M&
M&
F &
F &
F &

M&

W8
1899

do
do
Promissory notes

A &
F &
A &
A &
A &
A &
F

,

&
&
May 14
J
J

4s

1898 4s

5

May 14,'00-'02

$2,251 26 vrly
Feb. 9, '01-'O3 )
I $4,747 yearly S
Feb.24,'01-'04 )
Feb. 24 J
}
I $2,368 yearly £

Feb. 9

I

(,

5

14,241

9 472
1900 4s
^g^early
1901 to 1904
40,741
1900 4s May 10
Temporary loan for street improvements, $8,824.
PAR VALUE OF BONDS.— These bonds are aU in $1,000 pieces.
NTEREST is payable at the office of the City Treasurer.
TOTAL DEBT, ETC.— The city's total bonded debt on Jan. 4, 1900,'
was $737,000.
Wattr debt (included), $512,000; sinking fund, $91,-

lo
do

«o
do

'

'

I

007.

ASSESSED VALUATION.—The
to 23 actual value)

city's assessed

valuation (fromi*

and tax rate have been as follows
Real

Personal

Estate.

Property.

Total

Rate fj

Assessed
Valuation.

Taxptr
$1,000.

1899
1898
1897
1896
1895
1890
1880

$10,429,100 $1,570,900 $12,000,000
19-50
1,253,575
9,423,800
10,677,375
19-50
9,159,500
1,181,736
10,341,236
1,058,<'36
8,973,800
10,031,436
1,110,036
8,872,750
9,982,786
17-30
7,636,700
567,970
8,204,670
460,010
2,933,400
3,393,410
POPULATION.— In 1892 population was 22,858 in 1890, 19,857
in 1880, 13,655; in 1870, 11,026.
;

SENECA
F ALLS.— G.
town
Seneca
This

is

\V.

Pontius, Supervisor.

County.
When Due.

in

LOANS—

Ballston.

LOANS—

4s,
4b,
4s,
48,
48,

CO.— B.

4

Fire loan

Tears.

SALINA. — G.
This town

1899

Assess'd valuation, real $3,387,480
Assess'd valuat'n, pers'l. 327,750
5s, J&J, $100,000.... July 1,1903 Total valuation 1899.. ..3.715,230
Assessment about actual value.
119,500. .July 1, 1913
5s, J&J,
Total tax (per $1,000), '99. $10-29
5s, J&J,
4,000
Population in 1897 (est.) . . 7,400
(Being paid $2,000 yearly.)
Total debt Feb. 1, 1900.. .$223,500 Population in 1890 was
6,961
INTEREST is payable by the Metropolitan Trust Co., N. Y. City.

Refunding Bonds:
. .

.

NEW YOPK-CITIES m® TOWNS,
TON A WAND A.—
A&O,

April, 1900.

SING SING. -This

village is in Westchester County.

LOANS—

When Due.

M&N,

1900-1908
1900-1909

IMPROVEMENT BONDS—
4s,
4s.

$3,69i

A&O, 9,076 05
Wateh Bonds—
48, A &0, $16,000

Oct. 1,1900
($2,000 due yearly) to Oct. 1, 1907
4s, A&O, $30,000
Oct. 1, 1908
($3,000 due yearly) to Oct. 1, 1917

SODUS.-W.
This town

in

is

LOANS—

Sodus Point &
7s,

M&S,

$100,000
Oct. 1, 1918
30,000
Oct. 1, 1919
Total debt Feb. 1, 1900 ..$176,000
Int. pay. at 1st Nat. Bk. Sing Sing.

Tonawanda Town, Erie County.
VILLAGE LOANS- When Due. Assessment is %

Tax valuation 1809. ...$5,669,110

4s, J&J, $126,000... July

4s,
4s,

A&O,

Population in 1890 was
Population in 1898 was.

Wayne Countr.
When Due.

So. RR.
$74,600,.... Sept.

1,

1900

Rome Watert'n & Ogd. RR.—
5s,

F&A, $90,000 Feb. 1....1902

5s,

F&A, $12,000 Feb. 1....1911

($10,000 due yearly) to 1910
Interest is payable in N. Y. City.
Total debt Dtc. 1, 1899... $176,600

Sink, f'd assets Dec. 1,'99

$1,250

Klecthic Light Bonds—
...., $7.000
J&J, 16,500

4s,

1903-1927

($660 yearly on Jan. 1)
4s, J&J, $4,850
1903 to 1927
($iw4 due yearly on July 1.)

SYRACUSE.-

.

Syracuse

is

situated in

was annexed on Jan.

1,

Onondaga
.

City Treasurer.
County, The village of

Interest.

—

do
do
do
do
do

J

Elmwood

-Principal.
Outstand'g.

&

.1

Dec. 30, 1929
Dec. 1, 1926
Dec. 15, 1900

& D
& D

$915,000
100,000
80,000
Sept.l900to'01 )
50,000
$25,000 yearly. \

*& bb I
1, l901-'02;
F & A Feb.
\ $33,000 yearly.
5

ivr
yl

5
do
1898
66,000
do
1898
Oct. 1, 1900'02
15,000
Jan. l,1901-'08 ) 7R nnn
do
1899
J & JT <
176,000
I $22,000 yearly \
do
1899
July, 1900-'08"
135.000
do
1899
J & D Dec.l90Ot3'O3 279,000
Temporary loans (advances to contractors)...^.
455,193
.
. S'Feb. l,190l-'O3
Refunding bonds
1894 4
3,000
* A \ $1,000 yearly.
do
do
1894 4
Feb. 1, 1904
28,500
School bonds
4
July 1, 1900
20,000
1900-'06) ,,- n
->
-&n5
do
do
1896
JI &
D I Dec
$5,000 yearly. \ 35 000
Jlyl.'01to'05>
do
do
J & JT J
100.000
I $20,000 yearly (
City Hall bonds
1889 3
F & A Aug. 1, 1909
300,000
Water loan
1894 4
J &
Jan. 1, 1920
500,000
do
.1892 3^ J & J July 1, 1920
500,000
do
.1892 •i\ J & •r July 1, 1920
500,000
do
.1893 3 V,
& J July 1, 1920
500,000
do
.1894 3H* J & .r July 1. 1920
500,000
do
.1895 Hlg
& J July 1, 1920
300,000
do
.1890 3
July 1, 1920
&
500.000
do
.1891 3
J & J July 1, 1920
500,000
do
.1897 3^2
& J Jan. 1, 1927
100,000
3>2
do
.1898
& J Jan. 1, 1928
100,000
Temporary loans
375
Sept.28, 1900
100,000
do
do
367
1H00
Aug. 23,
100,000
3-70
do
do
Oct. 28, 1900
30,000
PAR VALUE OF BONDS.-The bonds are in $1,000, $3,000 and
$5,000 pieces.
TAX FREE— The local improvement bonds are exempt from taxation.
INTEREST on the water bonds is payable at tho 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 Feb. 2, 1900, was
$6,623,693 54, including water debt, $4,000,000, local improvement
bonds, $666,000. The city has no floating debt and no sinking fund.
ASSESSED VALUATION— In 1899 the assessed valuation of real
estate was $68,524,851; of personal property, $12,234,383; total,
$S0,759,234; total tax rate 1899 (per $1,000) $1933. Property is
assessed at " about 75 per cent of its actual value."
POPULATION—Tho population In 1890 was88, 143; in 188051,792;

A&O

,

J&J

F&A
J&J

'

.1

.1

.1

.1

.1

.1
.1

1900, estimated, 135,000.

h.

TARRYTOWN.
—
When
LOANS—

This village is in Westchester County.
Due. 4s, J&D, $65,000
June 1, 1919

SEWER Bonds—

4s,J&D, 65,000,
1926
Total debt Mar.l, 1898... $368,000
\
Includ'g temporary loan of 14,000
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, $55,000
1900 Tax rate (per $1,000) 1898. .$500
($3,000 due yearly) to 1918 Population in 1890 about
4,500
4«. $130,000
June 1, 1926 Population in 1898 was
4,674
Interest on sewer bonds is payable at "the Tarrytown Nat. Bank.

M&S
^1*
J&D

$44,000.1900 to 1914
($3,000 due yearly).
1915 1916
$6,000

4s,

This town is in Sullivan County.
When Due. Assessed valuat'n, pers'l. $336, 618
LOANS—
Railroad Bonds—
Total valuation 1899
6,244,816
5s,
M&S, $72,000... 8ept. 1, 1903 Total tax (per $1,000) "99 $3624
4*28, M&S, 163,000. ..Sept. 1, 1903 Population in 1892 was
3,428
Total debt Aug. 1, 1899.. $235,000 Population in 1890 was
3,462
Assessed valuation, real.5,908,198
INTEREST i« paid at the Fourth National Bank of New York

TICONDEROGA.-t
LOANS—

Wateh BondsK & A $8,000
4s,
A A 10,000.
Is.
& A 15,000
Is,

I-'

I'

F&A

F&A

is

17,000
20,'

00

his village

is in

Essex County.

When Due Bonded debt Jan.
Aug.
... Aug.
Aug.
Aug.
Aug.

1,
1,
1,
1,

1

,

1902
1907
1912
1917
1922

To-yn debt

202,000

in litigation..

Town

population

payable at the Seaboard Hunk,

7,636

18!)0.

I, '99... $70,003
Assessed valuation, real.. 674,510
Assessed valuation, pers'l 72,100
Total valuation 1898
$746,610
Tax rate (per $1,000) 1898. $27-00
Village population 1890
2,267
Village population 1899 (est.)3,500

New York

City

Tona wanda Union Free School DlSTBN

— E.

LOANS—

When Due. Total debt Feb.

1.

48,1898,

Population in 1897

Troy

is

3.

1900... $34,000

Assessment

t\Kj

No.

School tax (perM.) 1899

1922
1947
12,000...1919tol922

4«, 1892, $30.000... 19 13 to
42,000. -.1938 to
4s, 1897,

1

I

Ribsteber, Treasurer.

Gr.

$8 97

actual value.

^j

T.580

FRANCIS
MOLLOY, Mayor.
v — ILeROY
RICK.ERSON.
I

J.

$

Comptroller.

.

situated in Rensselaer County.

LOANS—

Interest.

•

—

.

Principal.
Oulsland'g.

>

.

When Due.

Kale. Payable.

NAME AND PURPOSE.

J&D

^

c 4
Jne2,'00to'1904
bll5,000
Maturing $20,000 or $25,000 each year,
Aug. 12, 1900
r 3<2 F & A
4,000
do
do
1
do
do
C30.000
do
1887 r 3*2 J & J
July 14, 1907
do
clO.OOO
July 1, 1900'01
1876c 6
a6,000
City hall bonds
Maturing $3,000 each year.
1894 3Hs
May 1,1909
Park bonds
a3,000
1894 ^^ A & O
Oct. 1,1910
a5,000
do
1895 3hi
June 1, 1911
al.000
do
June 1, 1912-'13
1895 3Uj
a2,000
do
June 1.1914
al.000
1895 3Hj J & D
do
S
9
Public building,
1884 r 4
S j |io;oOO°yearly. \ H* 100 000
r 4
S
Sept.20, 1910
bl5,000
do
do
Nov.20, 1911
do
do
1886 r 4
adll,500
..1«93 4
do
do
Oct. 16, 1904
8,000
do
..1893 4
Oct. 16, '05 to '08
do
40,000
($10,000 due yearly.)
1®
7
..1895 3* F &
34.000
do
do
}
clO.OOO
..1895 3.
Aug. 1, 1908
do
do
do
1889r 3
18 '°°°
do
1891. 3
do
do
Feb. 17, 1901
2,605
do
1891. 3
June 1, 1910
do
6,000
June 1, 1911
1891
3
6,000
do
do
52 00>
do
do
1898. 3.
S^oVoTearfyJ
1899. 3
Feb. 1905 1914
bl07,000
do
do
($10,000 In '05, '06, '08, '10 '14; $12,000 in '07, and $15,000 in '09.)
3>2 F & A
a25,00O
Market House bonds
{ $2,000 yearly |
High school site b'ds.1898. 3.
1900-i908
& N
53,250
Publiolmprovem'nt, 1893. 4
15,000
Oct. 16, 1912
do
do
1893. 4
Oct. 16, 1913
40,000
1893 4
do
do
Oct. 16, 1914
40,000
do
1891. 3*2 J & D
Dec. 1, 1910
15.000
do
do
do
1891. 3*2 J & D
Dec. 1, 1911
20,000
do
1891. 3. J & D
Dec. 1, 1912
do
30,000
11
do
do
1892. 3^ J & D J^oVo^Jeariv. ! * 70 000
do
1892. 3*2 J & D
Dec. 15. 1912
do
b5,000
Aug.^1 909-^14
do
do
1894. 3*2
c6Q 000
j
J
do
clO.OOO
do
1895. 3. J & J
Jan. 10, 1913
do
do
1895. 3*2 J & J
Jan. 10, 1914
8,000
do
do
1895. 312 F & A
Aug. 1, 1915
cd25,000
do
1890. 3
clO.OOO
do
Sept. 1, 1900
do
do
t-10,000
3
Sept. 1, 1901
2«>,000
do
do
3
8
Sept. 1, 1902
do
do
20,000
3
S
Sept. 1, 1903
16.000
do
do
3
Sept. 1, 1904
S
<' 40 000
d <>
d°
3
J & D
do
clO.000
do
1891. 3
Junol5,'l908
clO.000
do
do
June 15, 1905
1891. 3
clO.OOO
do
do
1891. 3
June 15. 1906
do
do
Doc. 1, 1909
8,000
1890. 3
750
do
do
Dec, 1, 1909
1890. 3
clO.OOO
do
do
1891. 3
Sept, 1, 1908
do
Sept. 1, 1909
20,000
do
1891. 3
6
1 -' 000
do
do
1896. 3* J A^j^OOyearlV
!
23,500
do
do
1897. 313 J & D
Dec. 15. 1916
1
do
do
J
<-60,000

Bonds (funding)

PAAliBb
J&J
M&N
J&D
J&D

M&
M&

-

M&N
A&O
A&O

'

Al^o^ ^.
F&A
F&A
J&D
J&D
M&N

AiO^H

'

F&A

M
A&O
A&O
A&O

'

.

F&A

M&S
M&S
M&
M&
M&

^OOO^SyS
J&D
J&D
J&D
J&D
J&D
M&S
M&S

1808.

8*

I

THOMPSON. —

4s,
4s,

INTEREST

r3.

When Due.

Kate. Payable
Bonds.... 1899 4
J
D

4
Local improvem't bonds. 1896 4
do
do
1897 4

Town Debt- J. K. Patton, Sup.
Town debt Jan. 1, 1900.. $10,000

J&J, $150,000... July 1,1912
J&J,
65,000. ..July 1,1914

t-i=> /~k

$28,000
1927
Total debt Feb. 1, 1900. ...$56,350
Assessed valuation 1899.. 738. 100
Tax rate (perM) 1899
$6-30
Population 1899 (est.)
2,100
Population 1890
1,883

NAME AND PURPOSE.
Collegiate bonds

1,

actual value.

Population 1890 was
$7,145
Population 1897 (estimated) 10,000

1902-9

Water Bonds—

4s,
5s,

Erie County.

4s,

1900.

LOANS—

Refunding RR.

is in

Water Bonus—

ALLEN,

F.

Sewer Bonds—

$84,525
92,075

( JAMES K. McGUIRE, Mayor.
\ J. H. SAUNDERS, City Clerk.

(E.

in

Total debt (last returns). $479,556
4,114,375

Net debt Dec. 1, 1899....
Assessed valuation, real. ,946,747
Assessed valuation, pers'l .289,415
Total valuation 1899.... ,23«,162
Assessment said to be full value.
Total tax (per $1,000) '99 $14-25
Population in 1900 (est.). .. 5,600
Population in 1890 was . .. 5,157

When Due.

School bonds

is

Tax valuation 1899

lid. Supervisors.

SPRINGVILLE. —This village
LOANS—

. . .

9,352
8,160

This village

Town valuation 1898
Street Bonds—
6,562,254
6s, J&J, $40,000. July 1/00 1903 Town tax (per $1,000) 1894.. 21.36

Toon, Clerk

J.

55

Rensselaer

St.

Imp. .1895

Water Works Bonds:—
May 1, 1879
c*

Issue of

do

do
do
do
do
do
do
do
Issue

do
do
do
do
do
do

3*2

*» 18^,45

M

SSg!}

& N | ^5006

M&N
F&A

5

May

1,

'

U

yearly

1900-'02

25 000
'

s

a'20,000

Maturing $10,000 each even year.
Aug. 1, '01-1904
al5.000
Aug. 1, 1879.0* 4i2
Maturing $7,500 every third year from 1901 to 1904.
0* 4»a F & A Aug. 1.1 907--' 19
a40,000
do
Maturing $8,000 every third year from 1907 to 1919.
blO.OOO
Apr. 1, 1901
do
o* 3>fl A & O
Aug. 1. 1900
b5,000
.August 1,1881.0" 3.
9
9
bSO.OOO
May, 1883.0.* 3* If & N
j
{ |£JJ JjJari^
b.5,000
June I, 1903
June 2, 1884.
4
bS.OOO
June 1. 1004
r 4
do
J & D
<
40,000
do
r 4
J & D June 1, 190.V09
Maturing $10,000 yearly, omitting 1907.
Nov. 1, 1911
a$5,000
of Novem. 2, 1885
r 3Si
Nov. 1. 1012
3>2 M & N
a5,000
r
do
1914
a7,500
r 3 * M & N
NOV. 1,
do
Nov.
1015
a7,500
3»2
1,
r
M& N
do
Nov. 1, 1917
al.000
do
r 3. M & N
a.5.000
3>2 F & A
Feb. 1, 1903
of Feb., 1896
Feb. 1. 1907
a5,000
312
do

a Bonds

F&A M
J&D

M&N

1

F&A

for $1,000 each, b Bonds for 85,000 each, c Bonds for
d Bonds for $500, etc. y Bonds for $1,000 and $10,000

$10,000 each,

INTEREST

is

paid at

office of

City Chamberlain.

56

LXX

Vol.

TOTAL DEBT, SINKING FUND, EtcJan. 1, 19< 0. Moh. 1, '99.
Total municipal debt. $1,340,605 $1,393,606
Sink, funds, cash, etc
23,259
47,981

When Due. Town debt Feb. 15, 1900. $84,000
LOANSRailroad Aid Loan—
Village debt Feb.15, 1900
75,000
I

Mch.

Mch.

1, '98.

1,'97.

$1,193,265
71,385

$1,172,265
66,489

|

3*28,

J&J, $84,000

July

Total valuation 1899

1902

1,

1,947,777

Assessment about 4-5 aotual value.
Village Water Bonds—
Total tax (per $1,000) 1899. .$9-49
4s, J&J, $75,000
4,468
1910 to 1925 Population in 1890 was
4,811
$15,000 in 1910, 1915 and 1925, Population in 1892 was
in
1920.
Population
in
1896
was
4,443
$30,000
TAX FREE-— Railroad bonds exempt by statute from any taxation.
INTEREST on the railroad bonds is payable at the Union Trust Co.,
New York, and on the water bonds at Dime Savings Bank, New York.
(Subject to

call.)

|

I

Net municipal debt... $1, 17,346 $1,345,625 $1,105,776 $1,121,880
Water debt additional
283,500
273,500
236,000
246,000
54,112

42,962

51.268

42,194

$181,888

$203,038

$222,232

$241,306

Sinking funds, etc..

Net water debt

WATER BONDS.— The

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.
interest

Valuation.
Personal.

Ast-essed

,

Tears.

Real.

Total

,

Tax

per $1,000.
$11*30
$47,626,798
18-09
47,777,058
17-26
47,779,588
19-48
47,668,710
19-86
47,958,787
18-45
47,049,979
1720
48,052,872
county tax $5-59 and city

1?99
1898
1897
1896
1895
1890
1888

$5,004,t"3
$42,622,125
5,282,425
42,494,633
42,411,511
5,368.077
5.133,025
42.535,685
5,392,051
42,566,736
41,851,392
5,198,587
42,454,445
5,598,427
The tax rate for 1898 includes State and

POPULATION —In
it

1892 population was 64,986; in 1890
in 1898 estimated 67,000.

it

was

was 56,747;

John O'Donnell,
TRUXTON.—
A town
N. Y.

&

When Due. Tax

Os. Mid.

RR. Bonds—

$2^,400
419,415

valuation, pers'l

Total valuation 1899

INTEREST

on the railroad bonds is payable at the First National
on other bonds at the Cortland Savings Bank.
FREE.— Bonds are tax exempt.

of Cortland;

ULSTER
CO.— Geo.
County
seat

is

Deyo, Treasurer.
4s.

($3,000 due yearly on Mar. 1.)
4s, M&S, $66,000.... Mar. 1, 1901
<$3.O0O due yearly) to Mar. 1, 1922

4s.

M&S, $9F,000..Mar. 1, 1901 to
($5,000 due yearly) Mar. 1, 1919

Bonds—
Mar. 1 1925
M&S, $50,000
Refunding Bonds—
Mar., 1924
4s, M&S, $14,000
Jail

,

M&S. $32,000
Mar. 1, 1923 4s, M&S», 50.000. Mar. 1901 to '25
County Bonds—
Bonded debt Nov.1,'99
$713,000
4s, M&S, $69,000... Mar.. 1901'23 Assessed valuat'n, real 26,665,270
Assessed val'n, pers'l. 2,892,425
Mar. 1. 1901 Total valuation 1899.. 29,557,695
Mar. 1,1802 Population in 1898 (est'd).. 85,000
Js,
4s, 140,00«'
Mar. 1,19(4 Population in 1890 was
87,062
Mar. 1,1905 Population in 1880 was
4s, 500,000
85,838
TAX FREE—The court house bonds are exempt from taxation.
($3,000 yearly)

$50,000
10,000

nTTr
A
U 1 ILvA.
—
,

This city

is

SHERMAN, Mayor.
\ JOHN A. CANTWELL, City

)

LOANS—

Clerk

When Due.
LOANS—
Bridgis Bonds—
1900-1902
4s,
$130,050....1900tol916 4s
,$3,000
1900-1907
4s
8.000
38,000.. Jan., 1901-'19 4s,
Nov., 1900 '02
4s
19.000. .Jan., 1901-'19 4s
3,000
,
4s
Local Assessments—
10,000
1900
Railroad Aid Bonds—
$122,495.... part yearly.
4s,
7s
$200,000.. .July 1, 1901 Total debt Feb. 1, 1900.. $570,550
1900-1904
Town Bonds—
4s, ann., 27,005
(I5 annually.)
1900
5s, ...., $20.000
Voting Machine Bonds—
5s, ..
Feb. 1,1901
20,000
4s, $10,000.. Jan. 1.1901 & 1902 Town debt Feb. 1, 1900. $245,000
Public Improvement—
Assets, railroad stock... 200,000
4s,
$178,700.... part yearly.
Utica holds against its railroad bonds an 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 oity tax.
ASSESSED VALUATION— Assessment about full value since 1897;
previously about 70 per ceut.
Total Assessed Rate of Tax
Real
Personal
Valuation. per $1,000.
Tears.
Properly
Estate.
$22-72
1899
$9,219,307
$37,795,638
$28,576,331
1898
1962
9,222,004
37,694,144
28,472,140
16-17
1897
40,657,022
32,014,624
8,642,398
1896
2202
16,437,262
2.613,826
19,051,088
20-81
1895
2,630,263
19,178,309
16,548,046
27-23
1890
16,461,052
2,330,606
18,791,658
1880
16,998,760
19,475,560
2,476,800
POPULATION— In 1892 population was 46,608; in 1890 it was
44,001; in 1880 it was 33,914; in 1870 it was 28,804. Population

When Due.

Academy and School Bonds—
,

,

1899 (estimated), 60,340.

is

(reg.)—
Feb. 1,1901
4s, F&A, $78,000
($6,000 due yearly) to Feb. 1, 1913
3*28, F&A, $30,000. . .Feb. 1, 1909
($6,000 due yearly) to Feb. 1, 1913
.

valuat'n, real
$1,095,304
valuat'n.per'l
324,725
Total valuation 1 898. . 1,420,029
Total tax (per M.) 1898..
$12-88
.

Population in 1890 was
Population in 1880 was

4,543
3,544

Total debt Jan. 1, 1898.. $126,000
The four per cents are payable to the Union

Walton

Dime Savings Bank, N. Y
School District. — albert d. peake,

Presi-

dent Board of Education
When Due.
LOANS-

Total debt Feb. 1, 1900.. $32,000
Ass'd valuation, real
1,< 00,000
Building Bonds—
4s, J&J, $16,000.. July 1, 1900 '02 Assessed val'n, personal. 150,000
Total valuation 1899
Refunding Bonds—
1,150,000
July 1,1911 Assessment abt. 40% actual value.
4s, J&J, $16,000
$2,000 due yearly) to July 1,1918. Population in 1900 (est'd.) 3,900
Six thousand dollars of the building bonds matures in 1900 and
$5,000 each year in 1901 and 1902.
INTEREST is payable at the Chase National Bank, New York City.

W AKbA ttt
W—

-*tt a

t-><=<

a

.

situated in

5
J

WM. E. WEBSTER. President.
FRED. LESTER, Treasurer.

Warsaw, containing the
the county of Wyoming.

The town

of

1,

1901-'24

(«5,000 du« yearly.)

Water Bonds—

Population 19oO

M&S, $37,000... 1901
M&S, 7< ,000. ..1901

to
to

on water bonds

is

payable at

village of the

25.000
14,725

(est.)

in

1890 was

New

York; on

1906 Population
1906

WATERVLIET.-Jas.
This city

all

others

(Part due yearly on Oct.

M&S, $69,000

Electric Light Bonds—
4s,

1.)

Population in 1899

payable at City Chamberlain's

is

same name,

is

1900
1901

1, '99. .$387,000
City has no floating debt.
Tax valuation, real
$4,463,182
Tax valuation, personal 133,500
Total valuation 1899... 4,596,682
Assessment about actual value.
Total tax (per $1,000) '99.. $24-90
Population in 1890 was
12,967

a $1,000 each.

INTEREST

1,
1.

Bonded debt Aug.

1899 to 1906

(Part due yearly on Sept.

July

,$8,000

($4,000 due y'rly) to July

1.)

Sewer Bonds—
4s,

H. Boyland, Chamb'n.

Albany County.

in

is

When Due.
LOANS—
a Pavement' Bonds—
4s, A&O, $262,000.. .1900 to 1914

(est.)...

15,500

office.

WAWARSING.-W. Kelley Shook, Superv'r.
Wawarsing
Ellenville

is

a township of Ulster County in which the village of

is

situated.

When Due. Town debt Mar. 1. 1900. $120,000
LOANSTown Debt.
Village debt Feb. 20, 1900
15,000
Railroad Aid LOANAssessed val'tion, real. ..1,135,440
S', F&A, $120,000. 1900 to '10 Assessed val'tion, pers'l. 109,680
I

.

.

.

.

Village Debt.

Water Loan—
M&N, $15,000... Nov.

3*28,

1,

1907

Total valuation 1899.... 1,245, 120
Assessment about 3» actual value.
Total tax (per $1,000) '99.. $2896

i s payable at the Home Bank of Ellenville.
population in 1892 of town and village was
7,866; in 1890 it was 7,758 in 1880 it was 8,547 in 1870 it was
8,151. Population of village in 1890 was 2,881 in 1900 (est.), 3,000-

POPULATION—The

;

;

;

WEST CHESTER.-See New
WESTCHESTER CO.—Francis M. CarpenYork

City.

ter, Treasurer.— County seat is White Plains.
When Due.
General Purposes— (Con.)—
LOANS—
Warburton Ave. Bonds—
Junel, 1911
4s, J&D, $25,000
J&D, $64,978
June
($10,000 due y'rly) to June

4s,

County Jail Bonds —

4s,

1,
1,

($K',000 due yearly) to June 1,'13
J&D, $20,000
.June 1, 1915

1900
1905

4s,

Refunding Bonds—

$22,000. June, 1900-'04
($5,000 due yearly to 1903).
Bond, debt Jan. 1 1900 $339,978
Tax valuation, real.... 168,665,920
Tax valuation, pers. .. 17,938,719
Total valuation 1899. 1 86,f 04,639
Assessment at about actual value.
Population in 1892 was... 145,106
Population in 1890 was.. .146,772

1906-1911
($10,000 yearly on July 1.)

J&J, $51,000

3^8,

General Purposes—
J&D, $12,000.. June 1, 1900
3^8, J&D, 25,000. .June 1,1901

,

3-60s,
3*28,

3%s,

J&D,
J&D,

3148,
3138,

10,000. .June
15,000.. June
10,000.. June
25,000.. June
20,000.. June

,

J&D,
3^8, J&D,

1,1902
1.1903
1,1902
1,1904
1,1905

.

INTEREST is payable by County Treasurer at White Plains.

WHITEHALL.town
This village

of Whitehall

in the

is

LOANS—

When Due,

,$23,000. May 1,1900-22
($1,000 due yearly on May 1.)

A&O,
A&O.

Floating debt
Total debt Apr.

INTEREST

1,

is

in

Washington County.
$2,000
73.379
684,740
19 a ,230
882,970

Tax valuation, real
Tax valuation, personal

Total valuation 1897
Assessment about \ actual value.
Total tax (per $1 ,000)
$47 50
Population in 1890 was
4,434
4,270
Population in 1880 was
Population 1898 (estimated) .4,577

$25,000.... Apr. 15, 1904
25,000.... Apr. 1,1914

Bonded debt Apr.

and

Sinking fund, etc
Net debt Apr. 1, 1898

Refunding Water Bonds—

4s,
4s.

When Due. Tax
Tax

RR. Aid Bonds

Funding Bonds—
3^8 .... $120,000. Feb.

Water Bonds—

Supervisor.

in

LOANS—

. . .

3*28,

WALTON.-H.
S. Sewell,
This town
Delaware County.

M&S. 45,000...1902tol910

3s,

Total debt Mar. 20, 1900..$512,000
235,000
Water debt (included)
Tax valuation, real
7,638,385
Tax valuation, pers'l... 2,073,530
Total valuation 1900... 9,711,915
Tax rate (per M) 1900... $21-11
Assessment about % actual value.

1930

413s, ....,$40.000.... 1926 to
($8,000 due yearly.)

Now subject to call.
INTER EST on town bonds

R. W.

Oneida County.

in

1905 1914
1900-1925

June, 1900
($5,000 due y'ly) to June, 1908.

4s.

3s,

Water Bonds (Con.)—
3^8, M&S, $83,000. .1906 to 1920

When Due.

City Bonds—
3388, 40,000
4s.
77,000
city Hall, 1896—

School Bonds—
4s, J&D, $48,000

Kingston.

When Due.
LOANS—
Coukt House Bonds, 1895, (ref.)
1901- 1920
4s, M&S, $63,000

in Jefferson County.

is

LOANS—

at VVatertown.

J&J, $112,200.... July 15, 1912 Assessment about \ actual value.
Subject to call after July 15, 1902 Total tax (per $1,000) 1899.$23-60
Bonded debt Feb. 1, 1900.$112.400 Population in 1900 (est.)
1,300
1.328
Tax valuation, real
396,015 Population in 1890 was

TAX

This city

INTEREST

Supervisor.

4s.

Bank

WATERTOWN.— Frank Walts, Treasurer.

5s,
4s,

in Cortland County.

LOANS—

|

Total.

tax $12-50.
60,956; in 1880

|

1898. $72,000
3,379
1898.... 75,379
1,

payable at the Fourth National Bank,

New

York.

WHITE PLAINS.— Howard E. Foster, Treae.
This village

in Westchester County.

is

When Due.

LOANS—

4s,

,

$15 000... June, lP26-'28

Refunding Bonds—

4s.

J&D, $25,000. .June, 1926-'29
($4,000 in 1926; V7.000 to 19290

4s,

onds—

Paving

$14,000. Nov.

1,

1900-'13

Water Bo-^ds—
4s, F&A, $130,000, Aug. 1, 1914-28
($4,000 in 1914 & *9,000 yearly
to

Aug.

1,

312s,

.

Town of White

3*28. semi-an.,

Plains
$78,000

YONKERS,
is in

Bonds—
1929

1928.)

WILLI AMSBRIDGE.— See New York
Yonkers

1929

,60,000

Total debt Sept. 18, '99
$521 ,000
11,000,000
Tax valuation 1899
Population 1898 (estimated). 9.000

5

City.

LESLIE SUTHERLAND, Mayor.

-{JOHN

H.
Westchester County.

KEELER,

Jr.,

Deputy

Clerk.

48
3»«8,
3**8,

Puiilic

,$00,000 ...Feb
7,500 .,.Feb.
43,000 ...Feb.
30,000 ...Feb.
17,000 ...Feb.

F&A,

,

4s

,

3138,

1901

i.

1901
1902
1902
1902

1

1,
1,
1,

1901-2

A&O,
Crematory Bonds—
1901-1905
4s, A&O, $4,500
$70,000... Apr.

7s,

1,

($1,000 due yearly on Apr.

Apr. 1, 1901
17,000.Apr. 1,1902 to '95
t$5,000 due yearly).

Park Bonds—

3^8, ....,$l50,000.May, '10to'24

Paving Bonds—

$34,764... Mar. 1, 1900-05
4s,
4s, ...., 60,000. ..Mar, 1, 1901-06
4b, .....267,458.. .Apr. 1.1900-25

4s

,

10,000

Apr.

Redemption Bonds—

4s

,

$60,000.. ..Feb.

F&A, 125,000.... Feb.
3^8, F&A, 80,000 .Feb.
4s,

Dock—

A&O. *32,200..Apr. 1, 1900-12
F&A, 120,000. Apr., 1902 to '13

48,
4s,

—

School Building
31*28. A&O, $248.800.Apr., 1900-81
48

210.500. A pr. l,'13-55

,

Street Improvement—

4s,

,

1900-1901

$20,000

($10,000 due yearly.)

Tax Relief—

A&O, $5,000

4s, ....,$150,000

200,000

4a

Water Works—

May
May

1,

1,

1900
1901

Apr. 1,1903 to'14
30,000. Apr. 1,1909 to'12
5s,..,
4s,.., 775,000. Apr. 1. 1912to'22
Apr. 1,1917
3kj8, ...20,000
78, ..,$625,000.

North Broadway Bonds—
1,1927 4s, A&O. $20,000. Apr. 1. 1900*03
($5,000 each year.)
School District Bonds—
1, 1901
1, 1902 312s, A&O, $25,000 .Apr., 1908-10
1903

1,

consolidation and water bonds
are for $1,000 each.
INTEREST is paid at City Treasury.
BONDED DEBT. Etc.— The bonded debt of the city on Feb. 1, 1900,
-was $3,555,322 sinking fund assets, S283.953 net debt, $3,271,369.
Tax relief bonds raised by taxation (included above), $350,000.
CITY PROPERTY —The city owns its water works, which prior to
December 1, 1893, had cost it $1,154,417 48.
ASSESSED VALUATION.—The city's assessed valuation has been:
A verage
Total Assessed Rateoftax
Personal
Valuation, per $1,000
Property.
Real Estate.
Years—
$21-82
$32,283,460 $3,205,860
$35,489,320
1898
22-2998
33,867,854
30,711,880
3,155,974
1897
25-3486
334,235
29.880,180
29.545,945
1896
173902
398,240
22,972,460
22,574,226
1890
10,024.677
430.295
10,454,972
1880
POPULATION.— In 1892 the population was 31,419; in 1890 it was
32,033; in 1880 it was 18,892; in 1898 (estimated) 43.000.

PAR VALUE OF BONDS.—The

;

,

EXPLANATORY OF BONDS.—The

redemption bonds were issued

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.

$

$
52,100 7
1900
30,000 7
1900
Ancram
Andes (T.). Delaware Co. ...127.500 3^ 1900-'26
Andover (V.) Allegheny Co. 18,800
'99-*25
Angelica (T.), Allegany Co.. 3^,000 4
Angelica (V.), Allegany Co
30,000 4
1927
'07-'21
Antwerp (T), Jefferson Co.. 15,000 3*2
114,400 7
Arcadia (T.), Wayne Co
....
Attica (Town), Wyoming Co. 23,000 313 1902-09
Ballston Spa (V.).Sar'ga Co. 108,500
..
'00-'15
Berlin (T.), Rensselaer Co.. 17.000 5
Bradford (T.), Steuben Co... 14,000 7
190i
Canandaigua(V.),OntarioCo.l30,000 4
1915
Cattaraugus (Village), Cat1900-14
taraugus Co
28,000 4
Champion (T.) Jefferson Co. 34,63 6 7
1900
'22-'26
Champlain(V.), Clinton Co.. 20,000 4**
Charlotte (V.), Monroe Co.. 56.00U 4^
1925
Chautauqua (Town), Chau'99*02
tauqua Co
20.000 ..
Cherry Creek (Town), Chau'09 '27
tauqua Co
49,000 4
CherryVa'ley(T.),Otsego Co. 46,000 3!4&3ia'99-'15
1902') 6
CherryValley(V.).OtsegoCo. 21.000 4
1900-37
Clncinnatu8(T.), Cortland Co 38,000 4
Clifton Spgs (V.).Ontario Co. f 0,000
4
1916
'00*0^
Clinton County
14,000 4
Columbus (T.).Chenango Co. 16,000 4
Covert (Town), Seneca Co... 5<«,000 7
1901
Coxsackie (V.), Greene Co.. 71.000
Cuba (V.) Allegany Co
34,000 313 190009
Cuyler (T.), Cortland Co ... 56,500 3»a 1900-37
'99-'09
Deer Park Sch. Dist. No. 1.. 22,000 4
Depew (V.) Erie Co.
83.200 4
1902-21
DeRuyter (T.), MadisonCo. 50.000 4
Diana (T.), Lewis Co..
19.400 4&5
*99-'25
Eastchester(T.),Westches.Col56,020 4&5
Eaton (T.), Madison Co .... 80.000 4
Ellenville (V.), Ulster Co.... 13,500
3*2
1907
Eltnira Heights (Village),
*98-*13
Chemung Co
17.000 4
Entleld (T.), Tompkins Co... 25,000 ..
1901
Erin (T.), Chemung Co
13,700 7 Feb 1900
Frankfort(V.),HerkiinerCo. 73,000 3Vfc4i<j *99-'28

Alexandria

(T.).Jeffers'u Co.
(T.) Columbia Co...

.

i8qo.

1,508.815

821,018
636,0:6
241,916
689,750
225,006
1,477,165
3.043.801
1,561,874
1,650,000
388.169
316,050
3,825.905

3.300
1,332
2,264
1,749

953
3,095
6.310
3,002
2,527
1,704

765
8.229

...

878

943,795

2,191
1,275

800,000

930

2,021,020

3.259

472,596
804,014

1,481
1,803

685
299.075
9c 6
t62,800 1.046
6,830,317 46 437
522,566 1,1(9
1,383,514 1,963
1, '45.502
1,611
719,645 1,386
368,'22 1,095
1,931,435*10,000
1,850.850*2.860
603.055 1,500
467,519 2,395
3,814.396 15,442
1,291,022 3,121
300,000*2,998
609,161
328.961

1,363
1,289
2,291

Franklinville (Villagt), Ca:-

29,000 4
Freeport (V.), Queens Co.... 55,750 5
Gainesviile(T.),WyomingCo. 12,000 4i«
Geneva (City). Ontario Co.. 230.000 4
Geneva (Town), Ontario Co.. 12,977 7
Geneva Classical School District, Ontario Co
32,500 4&5
German Flatts (Town),
34,7=>0

6&7

Gilbertsville(V.),Ot«egoCo. 14,000

3^

Gouverneur (V.) St. Lawrence Co
61,000
Gowanda(V),CattaraugusCo 17,000
Greenburg (Town), "West-

314

ohesterCo:

4

168,200 4&413

Tompkins Co... 29,100 3^
(T), Tompkins Co... 15.000
7
Guilford (T.), Chenango Co. 25,000 4

Hancock

(T.),

(

Little Valley (Village), Cat-

taraugus Co
Livingston County
Lowvllle (T.), Lewis Co

Lyons

(T.).

20,000
25,000
20,000
21,500

Wayne Co

Lysandei (T.) Onondaga Co. 25,< 00
Madison (T.), Madison Co... 20,000

4
4>u
3h,

4
3^2
..

Mamaroneck (Village), West
26,000 4
Chester Co
Msnheim Sch. Dist. No. 2,
15,000 3
Herkimer Co
ManMus (T.), Onondaga Co. .102,900 313

•99-'12

$
3,767.902
803,632

2K.000
Delaware Co. 63,000

'98-'10
*99-*19

1900-02
'16&'26
'00 '01

1,021

1.043,048
5,707,173
962,874

2,166
7,557
8,877

'97-'20
'05-'lH

'03'12
'99-'01

4,440,' 18 4.666
26,277 592 45.608
'Ol-'OO
4,436,106 10.471

1900-11

2,123,0^4

..

4

1910

7,255
1,681,005

3,500

1900-16
'99-'14 27,542,114 11.613

1928
1900

1,280
1,593,596
1,206,^53
3,276,719
1.V19.064

7,014

191115 1,751.979 3,482
1900-12

1, 2*9, 110

2,651

'Ol-'IO

878,184

357

1900-28
'04-'29

3,617.800 2,599
2,000,000 *2,290

1908
1900 01 36.879.459

6f, 806
728,639 2.103
665,870 1,277
744,570
10,168,030 29,806
353,650
700
182,565
726
'99-'15
541,293 7,512
,„„
'08&'15
«98
1900-04 26.208,175 37,801
1900-20 2,479,450 3,684
2,890.429 6,228
....
1901-25 3,156,029 5,163
246,035 2,316

'99-'14

'00 '12

4,972,215

3,729

'99-'13

1900-29

2,46f,770

5,453

848,117 1,781
Middlebury(T.),WyomingCo. 18,000 4k<
1924
MiddlevilletV.),Herklm'rCo. 20,000 3«a
'905
2,051
14,400 4
Milford (V.), Otsego Co
'99-'32
1,806
Mohawk (V.), Herkimer Co.. 64,500 4
27.708,003 45,699
27,287 ..
Montgomery Co
601
13,000 4
Morris (V.i, Otsego Co
750,956 2,455
1902
Naples (Town), Ontario Co.. 50,000 7
336,310 1,266
1915
Naples V.), Ontario Co
24,000 4
632,024 1,350
42,250 3*4
Nelson (T.), Madison Co
1.08V.765
2,427
New Berlin (T.). Chenango Co. 49,500 4
'00-'23 1,349,474 3,170
Newfan* (T.), Niagara Co.. 70,000 5
754,654 2,214
1901
Newtleld (T.), Tompkins Co. 52,000 7
1914
659
Newport V.), Herkimer Co.. 10,000 4
'14-'18
F03.342 1,835
Newport (T.), Herkimer Co. 11,500 4
'99-'16 14,890,489 9,057
New Rochelle(T.), West. Co.. 34.000 4
43,651,862 62,491
Niagara Co
52,500 ..
No. Greenbush Sch.Dist.No.
*01-'08
25,000 4
6, Rensselaer Co
North Olean (Village). Cat1900-15
16,000 5
taraugus Co
'06-'21
792
Northville (V.), Fulton Co... 32,000 3««
'99*01 2,81*,'' 55 6.524
Norwich (T.), Chenango Co. 30,000 4
1.195,897 2.426
Nunda(T.),LivingtonCo... 19,000 4&41*
2,786,3(0*4,300
NyacktV.), Rockland Co.... 305,000 ..
Olean (Town), School Dist.
65,5004-4i<a 1900-04
No. 1, Cattaraugus Co
190u-ll 3,041,362 7.700
OneontaS.D.No.5, Otsego Co. 20,500 4
929.891
53,400 4
Ontario (T.), Wayne Co
'OO-'Ol 29,639,311 8,453
Ontario County
10,000 4
1,557,582 2,346
Oswegatohie(T.).St.Law.Co. 42,500 4, 5&6
(

Oswego

Falls Sohool Dist.
1900-19
No. v, Oswego Co
41,000 4
113,500 3k<-4-7 1900-10
Otsego (T.). Otsego Co
at call
Otselic (T.), Chenango Co... 59,400
4
1900-06
Owego (Towni, Tioga Co.... 44,000 4
'98-'40
Di
Oyster 3ay Sch.
4&5
t. No. 5.. 36,500
P-rish (Town), Oswego To.. 22,000 3**
1900-12
Patchogue V.). Suffolk Co.. 23.0CO 4
1900
Perry (Town). Wyoming Co 69,900 7
Persea School Dist. No. 1,
1904-16
Cattaraugus Co
16,000 4
'00-'17
Phelps (Town), Ontario Co.. 30,500 4&7
Philadelphia (Town), Jeffer1900
25,000 7
son C>
Philmont (V.), Columbia Co. 51,000 3-05&4 '02'25
3900-<>8
Pittsneld (T.), Otsego Co.... 15,000 4
'99-'01
Pittsburgh (C), Clinton Co. 15,000 7
*99-'08
do
doSch.DNo.l. 17,800 4&5
'99 '11
Plymouth(T.),ChenangoCo. 41,000 4
'02*26
PortLeyden (V.), Lewis Co. 16,000 3k<
1900-11
Poitville(V.)Cattaraug. Co. 12,000 4
1900-12
''otsdain (V.) St. Lawr'ce Co. 59.500
4
(

Randolph (Village), Cattaraugus Co
22,000
Renssel. Sch. D.

4

N03.I& 2.. 36,000 4**&5

798,000*3,000
2,565,242
409,356
4,991,220

4,917
1,284
9,008

383,020

1,770
2,600
2.928

2.57' .878

1,829,072

5,086
1,145,000 1.662
1,025,088 1.818
459,311 1,218
2.207,498 9,500

380.825

:<,572

2.V36
4,762
4,745

1,156
4t>2

1,719,860

3,961

1,201

'0O*20
'00-*16

3io

Richland (T », Oswego Co... £0,000
1,738,885
Richmondville (V.j, Schoharie Co
312
663
1925
28,000
Ridgewav Soh. Disc. No. 5,
SuffolkCo
99-'lS 1,341,904 2,200
31,000 4
Ridge way and Shelby School
'99'19
District, Orleans Co
18,000 6
Riverhead School Dist No. 5,
'99 '18 1.341.S04 2.200
Suffolk County
31,000 4
Rockville Centre (Village),
'99 '25
....
QueensCo
31.5C0 4
1901-18
375,680 1.493
Rossie (T.), St. Lawrence Co. 12,800 4
'09-'lJ
1,856
RousesPt.(V), Clinton Co.
38,000 4
980.H0 1.798
190C-09
Rutland (T), Jefferson Co
15,249 4
Rye (T.), Westchester Co ...14,485 4
'OO-'Ol 13,765,789 9,477
Salamanca (Town), Cattarau1901-08 1,101,735 4,572
gus Co
16,000 5
•_'« '34
600.000
768
Saranao Lake. Franklin Co.. 44.0
5
4*2
77,f>00
1,405,745 3,855
Saratoga (T. J.Saratoga Co
Saratoga Springs (Town),
7.202.340 13,171
Saratoga Co
64.000 4&5
'02 '24 1,625.267
633
Scarsdale (T.).Westches.Co. 23.000 5
1900-08 1,361,265 2,944
Schoharie (T), Schoharie Co. 13,500 ..
,352,898 3,026
Schroeppel (T). Oswego Co. 38,500 5A-7
'01-'21
844.570*1.450
Sea Cliff (V.). Queens Co.... 54.000 5
^-'O^ 1,677.288 2,690
Seneca 'Town). Ontario Co.. 12.022 7
1.229,870 2,202
Sharon (T.t, Schoharie Co... 30,000 3>4&3i«
Sharon Springs (V), Scho•02*31
622
harie Co
36,000 3%
548.880 2,456
Shawangunk (T.) Ulster Co. 15,468 4 & 5
960
Sherburne (V.).ChenangoCo. 11.000 3k«Je4 Part yr'ly. 569,215
Sidney (T.) Delaware Co.... c9,500 3k&4 Part yrly 1.034.494 3,122
1901
2.339,935 3.357
Smithtowu (T SuffolkCo.. 50,000 7
3,771

.

.

'00-'09

1901
"Ol-^a

1890.
1,485
2,364

'00'12 l,30c,000
'00'27

,i

(V.),

Hamilton Co

(T.),
(T.),
Hempstead S.
Hempstead S.
Hempstead S.
Hempstead S.
Hempstead S.
Hempstead S.

.

taraugusCo

Groton
Groton

Westches. Co. 22.000 4
Oswego Co... 23,000 4
10,000 4
D. No. 1
27,000 5&0
D. No. 15
14,200 5
D. No. 20
32,400 4
D. No. VI
4I3
15.000
D. No. 22
10.000
5
D. No. 24
5
HerkirnerfT.), Herkimer Co. 10,141
144,000 ..
Herkimer Co
Hoosick (T.). Rensselaer Co. 18,000 3>*
Hooslck Falls iV.) Rensse4P.225 3k&4
learCo
Horseheads(T.).Ch. mungCo 50,000 4
Hounsneld(T.),JeffersonCo. 38,000 4
11,900 4
Hunter (T.), Greene Co
Irvington (Village), West101.0003-154
chesterCo
4
IslipS. D. No. 1. Suffolk Co. 30.000
Ithaca 8. D., Tompkins Co... 15.000 4
10,400 4
Jefferson County
5
Keeseville V.), Clinton Co.. 16,000
Lebanon (T.). Madison Co ... 51,700 4
Lestershire (V.) Broome Co. 57,900 ..
12,300 ..
Lewis Co
32,500 ..
Liberty (V.). Sullivan Co
Lincklaen (T.).Chenango Co. 11,500 4
LitteFalls(T).Herkim'rCo. 17,000 4

Harrison
Hastings

(

In the table below we give statistics regarding civil divisions in the
State of New York which have an indebtedness ot over $10,000, and
which are not represented among the foregoing detailed reports. We
add the p pulation from the U. S. Census of 1890.
Total InterAssessed PopulaDebt.
est.
Maturity. Val'ation. lion.

Herkimer Co

$

,

Public Building and

Fire Department—

4s,
4s,

$20,000. 1900, '05.'10,'15
($5,000 each payment.)

4s,

1.)

,$3,600 ....Apr. l!>06-'09

48,

When Due.
Bath Bonds—

($10,000 due yearly.)

Consolidation Bonds—

Assessed PopulaTotal InterDeOt. est. Maturity. Valuation, tionm

LOANS—

When Due.

LOANS-

Assessment Bonds—

57

YOftK— CITIES MID TOWNS,

NSW

April, 1900.

>

SW£ m®

58
Total
Debt.

laterest.

$
35,900
79,900
52,500
So. Nyack (V.) Rockland Co. 12,000
Stockbridge(T.), Madison Co. 90,000
Suffolk County
52,000
Tavlor (T.), Cortland Co ... 30,000
Theresa (T .), Jefferson Co.
54.300
Tompkins County
27,500

Smyrna

(T.), Chenango Co..
Solon (T.), Cortland Co
Somerset (T.), Niagara Co...

Assessed PopulaMaturity. Valuation. Hon in.

1906
1900-M9

4

4
5

3h

1901-06

..
..

1900-' 19

4

1900
1901

..

.

5

Trumansburg (V. (Tompkins
Couutv
15,000 4
Ulster (T.» Ulster Co
28,015
Ulysses (T.), Tompkins Co.
75,000 7

..

.

,

.

1901

.

Unadilla Sob. D., Otsego Co. 11.00J
Valatie (V.). Columbia Co... 29,000
Van Buren(T.)OnondagaCo. 27.000
55.000
Venice (T ) Cayuga Co
Vienna (T.), Oneida Co
27,000
Volney (Town). Oswego Co. 159,000
\Vitllkill(T.), Orange Co
75,000
Warren Co...
12,000
Warronsburg Sch. D, No. 1
19.000
Warren Co
Watertowu(T.),Jefferson Co. 153,000
Wayne (Town), Steuben Co.. 29,000
23,000
Webb (T), Herkimer Co
Wellsburg( V.), Chemung Co. 10.500
Wheatland (T.), Monroe Co.. 41.000
Wilson (Town), Niagara Co. 91,000
Wiufleld School District No.
12,500
4. Herkimer Co
Woleott (T.), Wayne Co
83 000
Yates (T.) Orleans Co
64,000

6
5

1900-UO

313

1901-27

'00-*24

4
4
3^-4-5
'00-*08

3*2
..

5
..

01TY

7
6
5

'99'20

4

*99 '14

In the latter case the mode of procedivre is, as will
be seen, given in the same paragraph of the Constitution.
(2) CITIES, COUNTIES, TOWNS, Etc., are also restricted in the
making of certain kinds of debt by Article I, paragraphs 19 and 20, of
the Constitution. We 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.
20. No donation of land or appropriation of money shall be made
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
spccialleiws " regulating the internal affairs of towns and counties";
in this and in all other cases in which according to the judgment of
the Legislature general laws are feasible, the Constitution states that

1,211
1,184,573 3,222
1,455,353 2,934

1,437
2,254,955 *4,000
783,250 1,672
545,180 2,220
2,796,774 6,527
1,224,419 2,755
9,289,828 27.866

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 bo 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.
1890
1,444,933 1860
672,035 1830
320,823
1880
1,131,116 1850
489,555 1820
277,426

377,000 *1,700
784,690 1,215
362,035
889

4

'99-'23

5
5

'99-'

10
1901-14

1.452,824
1,205,029

2.400
2,978

1,135,099 3,216
1,069,065 1,969

;

*Popn)ation estimated

New

State of

Jersey,

1870

Etc.

....

One of Original Thirteen
as a State
Total area of State (square miles)
7,815
Trenton
State Capital
Governor(term exp. Mon. bef. 2d Tues. Jan. '02) F. M. Voorheas
Geo. Wurts
Secretary of State (term expires Apr. 1, 1902) -

Admitted

Treasurer (term expires April 2, 1903) - - George B. Swain
Wm. S. Hancock
Comptroller (term expires April 2, 19)3)
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 ahistory 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 wiil 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 and what the State now owes
is the remnant of those war issues. The details are as follows.
Interest.
Principal.
LOANSRate. Payable.
When Due. Ontstand'g.
NAME AND PURPOSE.
War loan
J & J Jan. 1. 1902
71.000
INTEREST is payable in Jersey City and Trenton.
DEBT. The total bonded debt of the State on January 1,
1900, was $71,000. At previous dates it was:

—

.

,

,

.

.6

TOTAL

Nov.
Nov.
Nov.
Nov.

—

1899
$71,000 Nov. 1, 1895
$660,400
1898
194,000 Nov. 1, 1894
735,400
1897
394.000 Nov. 1, 1880
1,996,300
593,400'
1896
On Nov. 1, 1899, the cash balance on hand, was $1,253, 153 42.
ASSESSED VALUATION.—The assessed valuation, etc., has been
1899
$866,030,048 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 ..
794,428,048 1886
573,256,303 1874.
619,057,903
1895
786,998,070 1884
554,828,114
1394
774,398,332 1882
534,917,876
In addition to the above the valuation of railroad and canal property
In 1900 was $222,216,534.
DEBT LI IMITATIONS.— The provisions of law limiting and regulat
ing 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
1,
1,
1,
1,

1

I

.

THE STATE

restricted as to its debt-making power by the
State Constitution. In Article IV, Section VI, paragraphs 3 and 4, the
whole subject is disposed of. The third paragraph forbids a loa n of the
State's credit, and the fourth paragraph forbids the creation o f debt.
These provisions are as follows.
3. The credit of the State shall not be directly or indirectly loaned in

any
4.

is

case.

The Legislature

shall

not in any manner create any debt or debts,

liability or liabilities of 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
some single object of work, to be distinctly specified therein; which
law 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
discbarge the principal of such debt or liability within thirty-five years
from the time of the contracting thereof, and shall be irrepealable until
such debt or liability and the interest thereon are fuily*paid and 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.
;

;

1840

373,306

1810

245,562

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

1876 law were broadened in several particulars by anew
act 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 materially 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
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 commissioners
appointed by the Supreme Court of the State. In 1899 a further
supplement extending the permissible line of municipal investments
so as to iuclude 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 Governor. 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
ths 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 State
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 farther, 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 law 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 such bank or institution is situated.
The following is the law of 18a7 (approved April 9, 1897):
"Sec. 1. It shall be lawful for any bank, trust company, savingsbank
or savings institution * * * incorporated under the laws of this
State, to invest moneys belonging to or deposited with any such companies in any bonds authorized by the laws of this State to b-t 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 1S99, quoted above.
Next we give the leading provisions of the general law as to investlimits of the

ments.
section of the act of which this is a supplehereby amended so as to read as follows
That it shall uot 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

Section

apply.
(1)

906,096

SAVINGS BANKS' INVESTMENTS-POWERS AND RESTRICTIONS.—The last general savings bank law of New Jersey waa

ITS

DEBT, RESOURCES,

LXX

fied therein, etc.

'99-'2l

5

Vol.

Accordiug 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 speci-

1890
$
600,280 1,396
687
219,535
1,038,811 1,962
*1,200
1,342,420
733,175 1,845
48,828,64162,491
257,934
815
1,051,530 2,391
17,627,133 32,928

1900'18
1900'il

SUpftEMtNT.

1.

That the

ment be and the same

first

is

:

follows, to wit
I. In the stocks or bonds or interest-bearing notes or obligations of the
United 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 contracted.
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 suoh
bank or institution shall be situated f See below for provision including
the bonds of certain cities and counties of any State in the U. S).
V. In bonds secured by mortgages which shall be a first lien on real
estate situate in this State, and worth at least double the amount
;

loaned tliereon, but not to exceed eighty per centum of the whole deposbe so loaned or invested but in case 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 madehy 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 which
committee shall certify to thevalueof the premises mortgaged, or to
be mortgaged, according to their best judgment; sncb report shall be
filed and preserved among the records of the institution;
vr. In real estate strictly in accordance with the following proits shall

;

visions.

We do not reprint tlie real estate provisions, as they cover a matter
not germane to our present subject, ft 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 oi 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 lie sold within five 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 1880, which is as follows
Suction 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 in vestment 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 by 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 oertain restrictions. The authorization was given by
Section 2 of an act approved February 22, 1888. Subsequently (April
27, 1838,) this Section 2 was repealed. On March 27, 1889, however,
The section is as follows
it was again re-enacted.
Section 2. That it shall be lawful for any savings bank in this State
to invest its funds in first mortgage bonds of any railroad company
which has paid dividends of not less than four per centum per annum
regularly, on their entire capital stock, for a period of not less 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 such 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
Section 2. That 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
first section of this act, or the capital stocks of national and State banks,
or other corporations of this State, which nave not defaulted in the
payment of interest dividends within two years next preceding the
time of such loan, and then only to the exteut 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 trustor 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 dexiosit temporarily in banks the excess of current daily
receipts over payments until such time as they may be judiciously
•
invested.
:

:

:

;

Cities,

STATE OF

THE

NEW

JERSEY.

FRANK TEN BROECK.
ASBURYMonmouth
PARK—!
WM.
BURROUGHS,
County
L.

Mayor-

Clerk.

C.

in

LOANS—

When Due. School bonds

Fire Bonds—
5b.

A&O, $10,000

4s,

J&J,

60,500

Interest payable at Treas.
Oct. 1,

6,000

Water Bonds —

Bonded

1915

Jau. 1,1915

office.

Floating debt 'addit'al).

$276,000
59,703

Tax

3,328,400

debt Apr. 18,'99.

valuation, real

1915 Tax valuation, personal. 39?,700
Subject to call after June
1900 Total valuation 1899. ...3,721,100
5s, J&D, $10,000.... June
1917 Assessment ^ to ^ actual value.
5s, J&D, 50,000
June 1,1924 Total tax (per $1,000) '98.. $24-14
5s, J&D, 48,000
Dec. 1,1926 Population of township 1890.8,333
4s, semi an., 22,000
.1927 Population of township 1880.4,187
Road bonds
$25,500
5s,

J&D.... $60.000.. June

1,
1,
1,

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 bel mging to Asbury
Park lias now boon assumed by that city and is included in its debt.
mien due. Tax valuation 1896
$5,840,390
LOANS
School Bonds—
Assess, is about 5096 actual value.
5s, semi-ann., $65,000.. 1910-1942 Tax rate (per $1,00
$22-50
($2,000 due yearly on June 20.)
Population 1896 (est.)
12,000
Total debt Feb. 1, 1899. $91,000
I

)

ATLANTIC
This city

is

CITY.-

LOANS-

Bonds—
MAN, $3,331

1904

M&N, $10,000
4>«B. M&N, 40,000
4*28, M&N, 50,000
4V, A&O, 25,000
4*s8, M&N, 10.000. .. May
4ks,

1.

1906
1911
1916
1918
1914

Road Construction Honds—
J&D,

STOY, Mayor.
Comptroller.

$5,000.... June

1,

1902

When Due.

LOANS-

When Due.

F&A, 15,000
1901
City Improvement Bonds—
5s, M&S, $33\000
1901
(811,000 due every 5 yrs.) to 1911

4>ae,

P.

in Atlantic County.

City
5s,
4s.

FRANKLIN

<,

~<A. M. HESTON,

City Hall Bonds—
4ks. J&D, $14.000
Crematory Boni s—
4>fB,g.,JAJ, $40,000 July

1,

16,000. .Jau.

1,

4*«8,g.,J&J.

Water Bonus-

es.
Pa,

.TAJ.

J&D,

412S.M&S,
4V, JAJ,

$6,500
775,000
100.000
12,0'

J*
,000
Park Bonds—

4 »«S.

.1

4»as.ir..JAJ,

f>

When Due- Tax
Tax

valuation, real $13,547,582
valuation, person'l 1,873,861
Total valuation 899. 1 5,421 ,443

4^*, g.,.I&D,$100,00O.Nov.l,190S
M&N, U9.00O. Nov.], 1919 Value of exemptions..
109,050
Bond, debt Fel'. 1,1 900.$1, 877,831 Assessment about h, actual value.
15,000 Tot. tax rate (p. $1,000) '99. $28-80
Floating debt
Total debt Feb. 1, 19CO 1,392,831 Population in
...18.329
Sinking fund, etc
130,157 Population in 1890 was
13,055
debt
1,1900..
1,262,674
Net
Feb.
The permanent population, according to Local fi-'iir. -, :- 25.000, increased in summer months to 150.000.
1

.

.

4s,

1

ATLANTIC HIGHLANDS. —
Coxovek.

Jr.. Mayor; N. H.
This Borough is in Monmouth County

LOANS—

Due.

ir/te/i

Pbtkr

3.

Roberts, Treasurer.

Asses'd valuation,

real. $1,285,700

Assessed valuat'n, pcrs'l. 205,1 25
Refunding Water—
4*28, J&J, g., $60,000. July 1,1928 Total valuation 1899 ...1.490,825
Tax rate (per $1,000) 1899.$22-7o
Rejfdndihg Sewer—
945
4s, J&J, g., $39,000... July 1, 1928 Population in 1890 was
Population in 1899 wa- lest.). 2,000
Electb ic-LlGHT Bonds—
5s, M&N, $15,000. .May 15,1906
School District Bonds—

1905 to 1919
Tot.bor'h debt Feb., 190o.$l 14,000 5s, $30,000
Bonds are exempt from taxation.
($2,000 due yearly.)
Borough owns water and li^ht plants, which yield a revenue in exoesa of interest charges. The assessed valuation of real estate and
buildings connected therewitli and owned by borough is $17,0OO.

EGBERT SEYMOUR, Mayor.
R
L W1N J-^C" __
^^A YDMMF
w HAMILTON, Clerk.
5

£

c.

.

This city is in Hudson County. The city issued since May 1, 'PP, $50,000 4 per cent street improvement bonds due in 1904 and $100,000 4»s per cent school bonds due in 1918, $50,000 4% 6-year gold
improvement bonds, $100,000 4V'o 10- year gold tax bonds $14,000 4%
20-year bonfs and $75,000 4% 6-year improvement bonds. We are
unable to obtain from tie city officials any statement of the citydebt, but take the following from a report made May 1, 1899, to the
New Jersey State authorities.

financial statement.
Floating debt
$111,135
Total debt
1.759,135
Sinking funds
124,389
Net debt May 1, 1899... 1,634,746
Tax valuation, real
12,356,970
Tax valuation, personal. 780,875
Total valuation 1899... 13,137,845
Assessment about 5 actual value.
$23-50
Total tax (per $1,000)
Population iu 1890 was
19,033
Population in 1896 test]... 25,000
6 per cent; $1,261,000 bears 5 per
cent; $258,500 bears 4*2 per cent; $124,000 bears 4 per cent;
This debt was and is due as follows
in
$500, no interest.
1899, $50,000; in 1900, $100,000; in 1901, $39,000; in 1902, $167.000: in 1903, $101,000; in 1904, $75,000; in 1905, $3,000; in 1906,
$5,000; in 1907, $20,500; in 1908, $49,000; in 1911, $340,000; in
1912, $23,000; in 1913, $41,000 in 1914, $13,000 in 1915, $48,000;
in 1916, $158,500; in 1917, $30,500; in 1918, $214,000; in 1919,
$121,000; in 1925, $33,000; in 1928, $16,000; $500 on demand.

Amount.
Loans —
City of Bayoune bonds.. $481,500
bonds
1 18,000
Funded assessm't
40,000
Funded road const'n bds
165,000
Funded tax bonds
320,000
Improvement bonds
Refunded assess't bonds. 337,000
39,000
Road bonds
500
Township bonds
147,000
Water bonds
Bonded debt May 1, '99.. 1,648,000
Of the bonded debt, $4,000 bears
.

:<

:

:

;

BELLEVILLE. —This township
debt

situated in Essex Co.
Apr. 1, 1899.. $163,000
Water debt (included)
20,000
Sinking fund
19.467
Net debt Apr. 1,1899 ..
143,533
Floating debt (add't'l)
8,981
Tax valuation, real. " .1,865,700
Tax valuation, personal 217,427
Total valuation 1899 . .2,083,127
Assessment is ^ to 23 actual value.
Total tax (per $1,000) '98... $2660
Population 1890 was
3,487
Population 1899 (estimated). 5,500
is

LOANS-

Sidewalk Bonds—

4 las,
4^s,

.....
....,

When

Due.

Total

. .

1915
1907

$8,500
11,000

Woodsioe (Twp.) Bonds—
June 1, 1900
J&D, $8,500

.

6s,

. .

any

time.)
Improvement Bonds—

(Subject to call at

. .

J&D, $50,000

Dec. 1, 1919
(Subject to call after Dec. 1.1909)
July 1, 1925
4s, $65,000
Subject to call after July 1. 1915

4s,

1

1

Water Bonds—
1915

,$15,000

1

1909
5,000
INTEREST on the Woodside bonds is payable at the Newark City
National Bank on the $50,000 of improvement bonds at the Security
Savings Bank, Newark, N. J.; on the $65,000 of improvement bonds at
the Howard Savings Institution. Newark. N. J.
.,

I

;

Note.— for places not given ->n alphabetical order among the following
statements, see "Additional Statements" at the end of th>s Stale.
is

LOANS-

Pavino Bonds—

413s,
412s,

Counties and Towns
IN

This city

o9

NEW J£*S£Y— CITIES AWD TOWNS.

April, 1900.

1900
1918
1920
1900
1925
1926
1917
1909

$100,000 July 1.1929

BERGENCOUNTY.-l^ffSr

The county seat is Hacfeensack
When Due. Tax valuation, real.... $40,0=3,019
LOANS—
Bounty Bonds ($500)—
Tax valuation, person'l 3,211,221

1901 to 1905 Total valuation 1899.. 43,294,240
$60,000
Population in 1890 was
47,226
($12,000 due yearly on Jan. 1)
Total debt Mar. 1, 1900
75,000
.$60,000 Population in 1900 (est.)
INTEREST is payable at the Hackensack Bank, Hackensaok, N. J.
7s, Jan.,

.

.

BERNARDS—John
This township

is

Layton. Treasurer.

in Somerset County.

LOANS—

Refunding Bonds—
5s,

A.

. .

valuation, personal. $235." Total valuation 1899. ...2,57-t
17"00
Tax rate (per $1,000) '99
Population in 1890 w;vs
2,558
2,622
Population in 18-^0 was

When Due. Tax

$112,400.$5,000 y'ly froml900

Total debt Feb. 1, 1900.. $112,400
Tax valuation, real
2,339,397

BLOOMFIELD.—
Wm.
township
Esspx

L.

-

Johnson,

Cleik.

County.
$30,000
When Due. Floating debt
LOANSBonds—
Sewer
Total debt Feb. 1.1900.. 190.000
3,854,440
Nov. 1,1900 Total valuation 1S99
^a, M&N, $35,000..
($2,500 due y'lv) to Nov. 1, 1913
Assessment is --, actual value4s, F&A, $50,000..
.Feb.. 1930 Total tax (per $1,000) 1S99 $29 60
60.000
7,708
Feb.. 19LU Population in lSiiflwiw
4s,
Population in 1^99 (est.) .. .10.000
(optional any interest date.)
Street Impt. BondsSchool Dist. No 7 bonds1900-1926
Is. J&D. $75,000 ...June. '19 to '29 Is. MAN. $10^.000
1905-1930
f 0,000
($5,000 in '19: $7,000 v'r'lv to '29) 4 s. JAJ,
Bonded debt Feb. 1.19OO.$160.O0O ($],000y'rly to*26; $7. 000. -27-30)
TAX FREE.— All of the above bonds are exempt from taxation.
INTEREST is payable at the Bloomfleld National Bank and Fidelity
Trust Co., Newark.
This

is

in

,

DOinrTTTriM
D rl 1 J-Hj- 1 WIN. —

(

OEOROE HAMPTON.

}

g

II.

This citv

is

situated in

LOANS—

public Bttldiko
Is, JAJ, $20. 00

u HiTCIINKR.

Pnmberland County.
School Bonds—

When Due.

I

Bonds-

Tulv 30, 1928
(Subject to call after 19031
<

Mayor.

City Treasurer.

1905
MAS, f4,000
4%S, M&S. 21 .000. ...1006 to 1912
Apr.'14-'l^
4s. AAO,
15.000

*«s8.
I

I

$W£

60
LOANS—

When

Due..

Ail?. 1,

1900
1913

Water Bonds—
6s,

F&A, $41,000

BURLINGTON. —This
Meadow Drainage—

|

I

1

J&J, $10,000
4s,J&D, 14,000

4s,

Subject to call

July 1,1901
Dec. 1,1921
after Dec. 1, 1901

Paving Bonds—
4s

1906

,$10,000

Steam Fire Engine—
4s,

...

4s

1907

$6,800
7,000

,

,

1901?

Township Bonds—
1904

4s, ....,$1,000

CAMDEN.
This city, which
town of Stockton.

COOPER

(R. R.
is in

Nov

1,
1,

1916
1904

28,000
July
Interest is payable in Burlington.
Bonded debt Jan. 2, '99 $123,800
Sinking fund
7,000
Net debt Jan. 2, 1899..
116,800
Assessed v^luat'n, real. 2,187,990
Assessed valuat' a ,pers'l
320,228
Total valuation 1^99... 2,508.218
Total tax (per $1,000) '9^... $21-30
Population in 1890 was
7,264
Population in 1880 was
6,090
District
School
BondsIs, MAS, $28,500. Sep.. 1900 to '28

J&J,

taxattion.

LOANS—

Interest.

Rale.

Bounties loans, 1864
do
do 1898

6
4
7
4

City hall, 1874
Fire department, 1889

4
7

do
do 1899
Floating debt, 1872
do
1876
do
1881
do
1883
School Bonds. 1898
Paving Bonds, 1898
do
1899
Funding, 1886
do
1872
Interest account, 1873
do
1875
Park bonds, 1897
Pay bonds, 1877
Water bonds, 1872
do
1887
do
1887
do
1890
do
1892
do
1893
do
1896

7
4

4
4
4

—

-Principal.Outstand'g.

When Due.

Payable.

J&J
J&J
J&J
A & O
J&J
J&J
M&N
J&J
J&J

annexed the

1900
1928
1903
Jan.
1909
Oct
1919
July 1,
July 1, 1902
May 1. 1906
July h 1911
Jan. 1, 1934
June 1, 1918
O Apr. 1, 1928
May 1, 1929
June 1, 1916
n Dec. 1, 1902
Jan. 1, 1904
Jan. 1, 1905
July L 1921
Jan. L 1907
July L 1900
July 1, 1917
July 1. 1917
D Dec. 31, 1920
July 1, 1922
J Jan. 1, 1923
D May 31, 1926
July
July

$25,000
9,000
75,000
15,000
25,000
75,000
130,800
218,000
34,000
85,000
200,000
50,000
40,000
35,000
25,000
25,000
75,000
25,000
100,000
50,000
50,000
95,000
95,000
95,000
600,000

1,
1,
l,
1.

&D
M&N
J &D
J

A &

4

4

J &
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J &

4
7
7

4
7
7
4
4
4
4*2

4^

J

4

J

&
&

STOCKTON BONDS—

M &
5
Oct. 1, 1905
$16,000
Aug.26, 1907
24,000
44 F &
M &
5
Oct. 1, 1905
20,000
M
1906
5
&
Oct. 1,
34,000
F &
Aug.26, 1907
5
26.000
A &
5
Oct. 1, 1908
50,000
4
July 1,1917
J &
10,000
4is A &
Oct. 1, 1901
7,500
M & Nov. 1, 1900
5
600
M&
Mar. 1, 1902
5
500
M & Mar. 1903
5
600
July 1, 1911
5
J &
6,500
Jan. 1, 1902
5
J &
1,000
A &
6
Oct. 1, 1906
7,000
TOTAL DEBT, SINKING FUND, EtcFeb. 1,1900. Jlfa?/31,1898. May 1,1896. ,Wiy 1,1895.

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
do
do
Rosedale School Bonds
do
do

1

,

bonded debt. $2,455 ,000
$i,897,800
$1,254,800
$1,217,000
Floating debt
30,000
69,505
30,000
30,000
Sinkingfund
30,000
89,733
The city water works, city hall and other property was valued in

Tot.

1900at $4,090,M5 45.
'

ASSESSED VALUATION-

Assessed valuation
Personal.

.

Years.

Real.

*

Total.

Rale of Tax
per $1,000.

1899
$24,618,462
$1,881,700
$26,500,126
$2200
21-00
1898
21,965,630
1,766,300
23,731,^30
1897
22,889,309
1,928,950
24,818,259
2200
1896
22,550,702
1,761,350
24,312,052
2200
19-00
1895
24,616,920
1,744,200
26,361,120
24-50
1891
17,141,770
1,416,610
18,558,380
1886
13,701,474
1,592,210
15,293,684
26 50
1880
9,908,235
1,657,850
11,566,080
2200
The assessments since 1893 have been made at full cash yalue.
POPULATION—In 1890 population was 58,313; in 1880 it was
41.659; in 1870 it was 20,045. The population in 1895, according to
State census,

was 63,467.

CAPE MAY.

THOMAS

W. MILLET, Mayor.
H. F. DOUGLASS. Recorder.
This city is in Cape May County.
When Due.
Refunding Bonds— (Con.)
LOANS—
General Improvem.t Bonds— 4s, A&O, $17,000
Oct. 1, 1929
5s,
$10,000
June 1, 1915 Interest is payable at Cape May.
5s, M&N, 13,000
May 1,1916 Total debt Oct. 1, 1899 $123,300
5s, J&J,
12,000
Jan, 1,1918 Sinking fund
2,700
Net debt Oct. 1, 1899... 120,600
Sewer Bonds—
5s, J&D, $12,000
Junel, 1921 Ass'd valuation, real
1,544,600
Redemption, Etc.— 1890—
Ass'd valuation, pers'l.
173,000
5s, J&J, $15,000
Jan. 1, 1910 Total valuation 1899
1,717,600
;

!

1900-1902

Drain Bonds—
5s

,

5s

4s,

Is,

5s
5s,
4s,
4s,
4i2S,

,

$52.500.. 1900 to 190<?
60.000. .1900 to 1907
10,000. .1901 to 1908

5s,
6s,
5 s,

M&N, $15,000
J&J
4,300
A&O, 13,000

—

May

Assessment
1,

is

% actual value.

1910 Tax rate (per $1,000) 1899. $23'00
Population in 1890 was
2,136
1924 Population in 1895 was (est.). 2, 700

Jan. 1.1905
April, 1,

,

5s

,

5s,

5s

,

fs

,

CO.— William

0.

Garri-

$200,000 Junel900to'24

.

.

,

,

4>-.s,

,

4s

. .

,

.,

5s

,

.

WILLIAM AM. MACK. Mayor
CT
T7 A TDtr"-rT_r
C-LlZiAtJH
1 XT.. — a. B.CARLTON, Comptroller.
5
$

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.

—

J

&

»
Principal.
Outstand'g^

;

,

When Due.

Payable.

Rate.

1922 $3,129,140
1905
63.500>
Jan. 1,1910
4
45,000
1800
do
A sinking fund of about $75,000 per annum is applied to redemption of outstanding bonds.
NT E REST is paid by the Mercantile Trust Company of New York.
TOTAL DEBT ETC.—Total bonded debt Feb. 1, 1900, was $3,
235,640. Bonds are all exempt from city tax.
4

Adjustment bonds, 1882
School bonds

5

J

....

J&J

July

1,

1900

to

I

ASSESSED VALUATION, TAX RATE, Etc.Assessed valuation.
RateofTax
Total.
per $1,000.
Personal.
$1,900,200
$17,495,700
1899
$29 60
$15,595,500
17,151100
2860
1898
15.391,400
1,759.700
16,916.300
2860
1,797,200
1897
15,119,100
28-80
16,576,950
1896
14,796,650
1,780,300
29'80
14,710,750
16,455,550
1895
1,744,800
2980
1893
14,248,950
1,719,918
15,968,868
The tax rate in 1899 includes State tax, $2-71; county tax. $553
City tax, $21-36 total, $29-60 per $1,000.
POPULATION—In 1895 was 43,765; in 1890 population was 37,
764 in 1880 it was 28.229 in 1870 it was 20.832.
,

.

Tears.

Real.

>

;

;

;

ESSEX COUNTY.The county seat

is

THOS. McGOWAN,
H. L.

KEEPERS,

Director.

Collector.

Bridge Bonds—

When Due.

Road Bonds—

$150,000

4s

July

1,

1917

Refunding War Bonds—
4s, A&O, g., $300,000. Apr. 1, 1919

Apr. 30, 1901
A&O, $4,588
1902-1906
A&O, 82,715 69

5s,
5s,

S

I

Newark.

LOANS—

Total debt May 10, '99 $3,623,303
Sinking funds
248,818
3-65s.F&A,$l,000,000.Au.l,'15-35 Net debt May 10, 1 899 3,374,485
Tax valuation, real. ..170,699,433
($200,000 every 5 years.)
4s, F&A, $l,500.000..Aug. 1, 1920 Tax valuation.person'l 35,224,315
F&A,
Aug.
1938
Total
valuation 1899.. 205,923,748
4s.
1.
g, 1,000,000.
County tax (per $1,000) '99.$6'606
Refunding Bonds—
256,090
4s, A&O, $105,000... 1901 to 1905 Population in 1890 was
Population in 1898 was. ..345,540
($21,000 due yearly on Apr. 1.)
Principal and interest of the park bonds are payable in gold.
INTEREST on the million dollar issues of park bonds is payable by
the United States Mortgage & Trust Company, New York City on the
$1,500,000 issue of park bonds at tne 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.

1901 to 1910

107,000

4s,

Park Bond

—

;

FRANKLLIN. —This township
LOANS—

Road Bonds—

,

Water Bonds—
1925

$47,000

5.000.... Nov. 1, 1906

Woodside Bonds—
5s, reg.,

1906

$6,000

David
FREEHOLD.—
Monmouth County.
town
This

is

LOANS—

When Due.

J&J,

1905-1909

$15,000

($1,000 due yearly on Jan.

1.)

Sewer Bonds—

J&J, $25,125 ($1,775 yearly)

Water Bonds—
4s,

D. Denise, Commiss'r.

in

School Bonds—
4s,

Essex County.

$3,000.... Feb. 1, 1910>
4^s,
Optional art r Fe'< 1, 1905
Bonded debt Mar. 1. '99. .$112,000
Water debt (included) ... 52,000
Tax valuation, real
1,302,760
Tax valuation, personal.. 59,575
Total valuation 1899.... 1,362, 335
Total tax (per $1,000) '99.. $27-80
Population in 1890 was
2,007
Population in 1896 (est.)... 3,027

April 1,1901
$40.000
1920
<$2,000 due yearly) to

4s. coup.,
5s. reg.,

is in

Sidewalk Bovds—

When Due

4s, reg.,

5s,

CUMBERLAND

,

20,>50..1900tol908
10,000. .1900 to 1909
22,000.. 1900 to 1910
6,500 1900 to 1912
8,400. 1900 to 1913
r
,000..1901 to 1914
8,000.. 1900 to 1916
16,000.. 1900 to 1915
'20,400.. 1900 to 1916
18,000. .1901 to 1918 Population in 1890 was
13,282
9.500. .1900 to 1918 Population in 1897 (est.)... 20,000
30,000 1900 to 1919

,

.

Refunding Bond

$46,000

1902. 25,843 31 1908.
7,893 04
f-,522 78
1903. 20,257 4 5 1909.
1904. 15,676 80 1910.
3,760 78
1905 14,641 33
Total
.$171,923 48
Bonded debt Mar. 1900. $1,055,323
Sinking fund
84,000
Net debt Mar. 1, 1900..
971,323
Ass'd valuation, real
1 4,417,900
Ass'd valuation, pers'l
1,740,600
Total valuation 1899. 1 6,158,500
Tax rate (per $1,000) '99... $26-20

,

. .

Nov. 1903

,

Tidewater Sewer Bonds—

Town Hall Bonds—
Street Imp't Bonds— 4^, 5 & 6%
4s, M&N. $28,5' 10
May 2, 1900 Due
Due
($1,500 due yearly) to May 2, 1918 1900.$19,905 11 1906.$13,188 58
6*
Sewer Bonus1901. 32,165
1907. 12,068 62

4»«s,

in March, 1899,

$200,000... Jan. 1,1920
(Subject to call $50,000 in 1909
and $75,000 in 1919.)

4s

1901-1903
$3,000
($1,000 due yearly.)
Feb. 1901
$8,500

5s,

July 1.1914

J&J, $84,000

Funding Bonds—

($4,000 due yearly.)

4HS

HATCH, Mayor.
MILLER, Treasurer.

Camden County,

4s,

,

$12,000

Auditor.
1899.

a city in

When Due.
LOANS—
Tax Arrearage Bonds—

1900-1903
$1,200
($300 due yearly.)
1900-1901
$3,000

5s,

Water bonds—
M&N, $25,500

When

County,
Due.

($1,500 due yearly.)

B.

NAME AND PURPOSE.

LOANS—

E.
k.

School Bonds—
5%s,

LXX

iJiuwAitu
BRUEN, Mayor.
—
JALONZO DURKEE,
Essex
became
Dec,

This place, located in

51-js,

4s,
4s,

Vol.

A CT rvD
A Mr TT
<^«^Oi
LJr-lA.lNJ-rC,.

CT

city is in Burlington County.

TAX FREE.— All bonds issued by tbiscity are exempt from
<

CITY SUf fiEMEBJT.

Assessed valnat'n,per3'l$l,S°>5, 34 5
Total valuation 1899... &;949,H2u
Assessment is ^ actual value.
Total tax (per $1,000) '9i. .$1700
1 1,424
Population in 1890 was
Population in 1897 (est..) ..13,300

($3,000 due yearly) to Aug. 1,
Interest payable at Bridgeton.
Total debt Aug. 1, 1899.. $101 ,000
Assessed valuat'n.real. 4,591,975

When Due.
LOANS—
City Bonds (refunding)—
4s, M&S, $22,500
Sept. 1, 1904

MID

J&J, $46,500

Part yearly.

Floating debt
*3,275
Total debt Feb. 1, '99
74,900
Assessed valuation, real. 2, 830, 850
Ass'd valuation, pers'l. 1,342,840
Total valuation, 1899.. ..4,173,690
Assessment about % actual value.
Total tax (per $1,000) '99..$27-80

Population in 1890 was

2,932

Bonded debt Feb. 1, '99... $71,625 Population 1899 (estimated) 3,500
Bridgeton is the county seat.
son, County Collector
The total tax as given above includes State, county and township
When Que. Bond'd debt Feb.l, 1900. $104,000 tax,
LOANS—
$12-68; town tax, $5 00.
Asylum Bonds—
Assessed valuation '99 16,694,777
The school bonds noted above were issued by the township and not
4Hs, J &J, $75.000.Jan. 1902 to '16 Assessment abt. 66% actual value.
Freehold
4^8, J&J,
5,000 ...1903 tol907 County tax rate (per M) '99 $5'09 by the town of
'

Jail Bonds

—

Population in 1890 was .45,4-8
Population in 1899 (est.)... 49,000

M&N, $15,000.. Nov. 1,1906
Bridge Bonds—

4i«8,

4*28,

F&A, $9,000.Feb.l901to'03

INTEREST

TAX

OL^IN

t- T rris.7

I

payable at County Collector's
FREE.— Bonds are all tax exempt.
is

INTEREST payable at Treasurer's

office.

office.

TAX FREE— All of the town's bonds are exempt from taxation.
ROBERT S. RUDD. Mayor.
T3TT^/~TT
X-tlULxt..—
1 NATHAN RUSSELL, Clerk.

This borough

S

is in

Essex County.

N£W J£#S£Y-CJTI£S Mto TOWNS,

April, 1900.

LOANS—

Road

Imft.

Bonds—

When Due. Bonded debt June

1. '99 .$137,000
AsBPBS'd valuation, real 1,490,000
Ass'd valuation, pers'l
115,000
Total valuation 1899.. .1,605,000
Tax rate (per M. 1 899
$25 00

1902-1925
4^8, F&A, $60,000
($2,000 yearly to 1915 and $3,000

.

yearly to 1925.)

)

SBWBB Bonds—

School District Bonds—
4s, J&D, $37,000. .June 1. 1909 27 4s, M&S, $30,000.. Sept. 1914 to '28
($2,000 flue yearly.)
4s, M&S, 50,000
Sept. 1, 1929
5a. J&D, $40,000
..June 1, 1914
(Subject to call after June 1, 1900.)
.

GLOUCESTER CITY.— £ B
3

\V.

\

BKASTON, Mayor.
DICKEN8HEETS,

Treasurer.

Camden County.
When Due.
LOANS—
Improvement Bonds—

This city

in

is

$25,000.... 1901 to 1913
($2,000 due yearly.)
Bond, debt Feb. 12, 1900 $81,300
Floating debt
5,000
Water debt (included)
63,000
Tax valuation, real
1,598,585
Tax valuation, personal. 265,500
Total valuation 1899
1,864,085
Total tax (per $1,000) '99... $19-00
Population in 1890 was
6,564
Population in 1900 (est.)
6,500
4s,

$8,000 ...Aug. 1,1904
5,000
Nov., 1905
5,000.. ....Nov., 1908
100,000
1919

4^8,....,

4^8,
4i«B,
3>«8, ....,

.

Wateh Bonds—

$20,000....1914tol923
($2,000 due yearly.)
.$10,000.... 1924 to 1928
($2,000 due yearly.)
$8,<00
1929 to 1932
($2,000 due yearly.)

6a,
5b,

58

,

GLOUCESTER
CO.— E.
County
Woodburv.
seat

.

.

G. Miller, Director.

LOANS—

When Due.

The sinking fund receives yearly a portion of the license fees anc3
moneys collected from assessment after certificates are paid.
CITY PROPERTY—The city owns parks, public buildings, a water
system and other asHets amounting to over a million dollars.

ASSESSED VALUATION -The

city'*

assessed

(about

valuation

66 per cent of the cash value) ami tax rate have been as follows
Tears.

Real

Personal

Estate.

Properly.

:

Total
Rule of Tax
Assessed Valuation, per $1,000

$26,138,800
25,513,700
25,138,500
24,828,600
22,124,400
17,275,600
15,621,100
13,575,600

$24-30
$1,909,300
$2«,048,100
24-801,855,010
27,36*, 720
1,634,390
24 20
26,772,890
22-00
2,884,640
27,713,240
24-20
2,242,480
24,366,880
1,622,862
2470
18,898,462
1887
J.V36
1,491,300
17,112,400
21-!
1880
1,284,447
14,860,047
1890
population
was
in
43.648;
1880 it was
POPULATION— In
30,999 in 1870 it was 20,297; in 1898 (est.) 55,000.
1899
1898
1897
1896
1895
1890

;

__
rTXT __^.
HUDSON
CO.T

FRANK McN ALLY,

(

Director Board o*

Freeholders.

MAURICE

i

STACK.

J.

Co. Clerk.

This county contains the cities of Jersey City, Hoboken and Bayonne.
The county seat is Jersey City.
When Due.
When Due.
LOANS—
LOANS—
Akmorv Bonds—
Public Road Bonds— < Con.
4s, J&J, $2,000
Jan. l,'01-'02 4^8. J&J. $250.000cAr.J;u). 1.1923
Sidewalk Bonds 4*2g,J&J, 500,000g.c&r.Jan. 1,'24
Oct. 1, 1901 4^8, J&J, 600,000.g..c Jan. 1, '25
4s, A&O, $50,000
May 1, 1902 4g, J&J, 150,000g,r.Jan. 1, 1926
4s, M&N, 127,000
Bridge Bonds
4s, A&O, 24,000 r.... Oct. 1. 1902
5s, J&J,
$31,000.. c.Nov. 1,1901 4s, J&J, 4S,< 00 c
Julv 1, 1903
4i*>g,M&8, lOO.OOOg c.8ept.l,1918 4s, A&O, 38,000 r. ..Oct. 1, 1903
106,000 r. Jan. 1, 1917 4s, A&O, 38,000 r. ..Oct. 1, 1904
4s, J&J,
4s, J&J,
24,000 Jan. ,1901-12 4s, M&N. 200,000. ..Mayl. 1927

—

is

Floating debt

$39,000
Tax valuation, real
12,507,042
4b,
$l2,000....1900tol907 Tax valuation, personal 3,712,778
($1,500 yearly)
Total valuation 1899... 16,219,820
4b, M&N, $12,000 ($2,000 y'rly)
County tax (per $1,000) '99.. $5-20
Interest payable in Woodbury.
Population in 1890was
28,649
Total debt May, 189;*
$39,500 Population in 1898 was
32,721
TAX FREE— All of the county's jonds are exempt from taxation.

Road Bonds—

61

.

Lunatic Asylum Bonds—

M&S, 44,' 00.....Ma?. 1,1928
Is,
1911 3>28
50,000. .July 1,1919
1920
Purchase Bonds—
1901 4^8, M&N, $73,000 r..Nov.2, 1911
Tax Arrears Bonds—
($10,000 due yearly) to Jan. 1 10
3s, J&J,
$16,000.. r. Jan. 1, 1901 6s, J&J,$250,000c&r.Jan. 1, 1905
($2,000 due yearly) to Jan. 1, '08 5s. J&J, 318,000 c&r.May29, 1901
3b, J&J.
$1,000. .r. Jan. 1, 1909
War Renewal Bonds—
Public Road Bonds—
5s. M&S.$854,000c&r.Sep. 1, 1905
4ia8,M&N,100,000..r.Nov.l, 1922
Judgment Bond—
4^s,J&J,500,000..c&r.Jan. 1, 1923 4s, J&J, $5,< 00. ...Jan. 1, 1901
INTEREST is payable by the First National Bank, Jersey City, N.J,
TOTAL DEBT, Etc.—The bonded debt Dec. 1, 189". was $4,732,024
•_-,

4138, J&J, $100,000.. r. Jan. 1,
($10,000 due yearly) to Jan.l,
4s, J&J, $100,000.. r. Jan. 1,

,

GUTTENBERG.—
John Zeller, Oh. of Council.
town
Hudson County.
This

in

is

LOANS

When Due. Total debt Mar., 1899
$101,356
Tax valuation, real
793,000
May '02, 1926 Tax valuation, personal. 47,240
|

School Bonds

i

5b, ....,$25,000

Refunding Bonds—
5b, A&O. $90,000.
.Apr.

1903

16,

. .

($10,000 every 5 yrs.to Apr.16,'13,
and $60,000 April 1 6, 1918.

Total valuation 1899
840,240
(per $1,000) '99.
1460
Population in 1890 was
1,947
Population in 1898 was
4,500

Tax rate

—
HACKENSACK.
When

This village is in Bergen County.
Due. Total debt Mar., 1899... $176,508
Assessed valuat'n, real.. 2, 453, 400
5b
$40,000.. Feb., 19011908 Assessed valuat'n, pers'l 329,475
Sewer Bonds—
Total valuation 1898.... 2,782,875
4s, g., $52,000
Feb. 1, 1901 to Assesm't about 30% actual value.
($4,000 due yearl7> Feb. 1, 1913.
Town tax rate (per M.) '99.. $18 20
Bonded debt Mar., 1899.. $111,000 Population 1897 (est.)
9,0u0
Floating debt
65,508

LOANSRoad Bonds—
,

H ACKETTSTO
WN.- IWl^t^^T
town
Warren County

1

'

\

This

is

in

LOANS—

When Due

Ronded debt Feb. 1, 1900. $61,000
Assessed valuat'n, real.. 997,665
Renewal water bonds
$20,500 Assessed valuat'n. pers'l 319,614
($3,000 yearly)
Total valuation 1899.... 1,317.279
Renewal 4s, $2,000
1909 Tax rate (per$l,000) 1899. .$1400
Const'n water b'ds, $12,000 1905-6 Population 1890
2,410
do
do
13,500. 1911
Population 1898 (est.)
2.800

Town

bonds, 1902 to 1908.$ 13,000

HARRISONThis town
is

in

LOANS

.

EDW. J. RICE, President.
E. J. GRACE, Treasurer.

Hudson County,
When Due. Bonded debt Jan.

School Bonds—
5b,

May, $2 1,000

4^8

1898 to 1903
1928

,14,000

Street Imfrovkment Bonds—
$66.300
Fire Bonds—
4^8, ....,$14,000

1928

4iflB,

1928

Town Hall Bonds—

J&J, $16,000
July
Refunding Bonds.
4s
$300,000
5s.

1913

1,

1929

,

HOBOKEN

^"

Hoboken

is

in

LOANS—

?

interest.

D

A

B
C

A
A
A

do

1890. ...r

Fire house, 1892...r

1893. ..r

& D

4

A
J
A

7

4
413

4
4

J

J

D

4

4

J

6
5

O
O

4>a

M& N

4*2
4*2

& N
F & A

Engine house. 1892.r 6
do
l897.r&o 4
do

—

Hate. Payable,

A
City Loan. 1898...C
A
Judgment, 1875
r
A
Ll'rary bonds, 1897
B&C School-house, 1887.
A&B
do
1890. c&r
A
do
1897. ...c
A
do
1898
A Sewer bonds, 1897 ...
D Water bonds, 1882 r
D
do
1883. ...r
C
B

1899 $404,800

LAWRENCE FAG AN, Mayor.
FRED. K ATJFMANN, Comptroller

5

Hudson Countv.

NAME AND PURPOSE.

1,

Floating debt
2,500
Total debt Jan. 1, 1899.. 407,300
Sinking fund
13,425
Netdebt Jan. 1, 1899
393,875
Tax valuation, real
3,217,100
Tax valuation, personal. 370,050
Total valuation '99
3,587,150
Assessment about actual value.
Total tax (per $1,000) 1899.$25-40
Population in 1890 was
8,338
Population in 1896 (est.)... 10,000

do.
1894...
4
Volunt'rb'ntv.ser.I.c 5
Refunding, 1899... 4
City Hall, 1880.. c&r 5
Police Dept, 1892
4ia
.

M
M

& N

M&
M&

N
S

M&N
M&N

Repaving bonds
4
Paving bonds
4
"o," coupon bonds "r/'registered bonds.

When Due

Outstand'g.

1918
1905
1917
Aug.
1907
1910
July
Mch
1917
June
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
1919
Sept. 1, 1910
Nov. 1, 1912
May 1, 1928
1928

$312,000
54,000
50,000
45,000
100,000
90,000

1,
1,
1,
1,
1,
1,
1.

13,000
100,000
9,500
5,000
20,000
15,000
25,000
13,000
7,000
10,000
196,000
75,000
60,000
24,000
150,000
50,000

;

xJ? A.E .VALUE OF BONDS-A
D
Is $500.

is

$1,000; Bis $5,000; C

is

$10,000;

INTEREST

on registered bonds is payable at the City Treasurer's
office.
Coupous are payable by the First National Bank of Hoboken
and interest on water bonds at Water Registrar's office.

TOTAL DEBT. Etc,

..

M(iyl,189Q. May2, 1898. Jfai/3.1897. Jfai/4, 1896.
$1,285,000 $1,264,000 $1,038,000
37.464
8.551
36,029
$1,390,249 $1,247,536 $1,227,971 $1,029,449
$115,800
$117,421
$130,101

Total bonded debt.... $1,458,500
Sinking funds
68,251

Net

debt.

Floating debt

-

floating debt, $65,300: total debt, $4,797,324; sinking fund, $1,116,436;
net aebt, $3,680,888. The net debt in 1897 was $3,591,10t>.
ASSESSED VALUATION and tax rate have been as follows
Assessed Valuation
Taxrato
Years.
Real.
Personal.
Total.
per $1,000.
1899
$5-98
$147,617,758
$12,672,200
$160,289,964
5-48
1898
145,979.101
12,333,782
158,312,887
1897
144,038.741
156,174.239
12,135,498
1896
137,687,292
12,261,922
159,949,214
5-80
1894
135,386,022
11,921,881
147,307,^03
1893-94
130,209,003
141,591.212
11,382,210
5-60
1891-92
123,387,636
10,107,418
133,495,054
POPULATION.—The population in 1890 was 275,126; in 1880 was
187,944; in 1870 was 129,067. Population in 1898 was 359,850.
>

IITDCI7V
janDIL
I r^TTV
Ol 1 I

EDWARD HOOS, Mayor.
— ^ROBERT
JORDAN,
5

.

Comptroller.
S.
Jersey City formerly suffered greatly from difficulty in collecting
taxes and assessments. Under the Martin Act, however, passea
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 treasurv about
$225,000 annually. On Feb. 1 3, 1 900, 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-

—

Interest.
Principal.
Rate. Payable.
When Due. Outstand'g.
4*2 J & J Jan. 1, 1901
$1,000
Refund, assess, b'ds, 1893. c&r 5g.
Sept. 1, 1923
700,000
1894.. .c&r 5g.
do
do
May 1,1924
600,000
City government, 1872
r 7
July 1,1913
a550,000
City Hall, 1891
part c&r 5
Feb.l0,*01toT2 120,000
(510,000 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.
Jan. 1.1923
350,000
1896
do
r 4
Jan. 1, 1901
10.0OO
1896
r 4
1902 to 1904
do
30,000
>

.

.

,

NAME AND PURPOSE.
1895. ..r
Armory b^nds

M&S
M&N
J&J
F&A
J&J
J&J
F&A
F&A
(Part due vearlv on Feb.
4
Feb.l,1905-'07
F&A May
30.000
M&N
1927
450,000
313 J & J
255,000
M&N Apr.
May, 1927
100,000
1884.. c&r 6
A&O
1904 tl.000,000
1.)

Principal.-

Dec.
Feb.
Mob.

'

do
1897
Refunding, 1897
do
1900

r

4g.

1.

Park,
1897
4e.
City of Jersey City,
1,
Fire Engine House, Police Station, etc., Bonds
Engine house, 1893
r 413 J & J July 24, 1901
do
do
1894. ..r 413
& 8 Sept.10, 1902
do
do
1896. ..r 4^ J & J Dec. 28, 1903
Fire Department... .1897. ..r 4
June 1. 1909
Police H'd-Quar., 1890
r 4
19011902
($5,000 due yearlv Jan 1, 1900, to 1902.)
Police stations, 1890
r 413 A & O Oct. 1,1903-4
do
do
1892
r 5
Jan. 1, 1909
do
do
1891
r 4>2 J & J Jan. 1.1905-7
do
do
1897
r 5
Feb. 15, 1910

8,000-

M

Funding Loans to Fund
Assessment bonds.1875. c&r 7
do
do

1876. c&r

1891.. ..r 5
1879. c&r 6
1880.. ..r 6
1892. o&r 5
1881.. ..r 5

Floating debt,
Maturing bonds,

do
Differences,

do

&c,

Street lighting

1897.. ..r

Joint outlet sewer.. 1897. ...r
Public library bonds 1898.. c

Funding Loans

to

7

Fund-

4
4

4c

Tax arrearages, 1897. ..c&r 4
do
1898
4
do
4
1898
do
C. RR. of N. J.. 4
Improvements, 1874
r 7

J&J
J&J
J&J
J&J
J&D
J&J
A&O
F&A
J&D
J&J
A&O
J
J

&
A-

June

1,

1898

c&r

4g.

U.353.000

}

A&O Apr.
1.1903
J&J Jan. 1900
J&J
1900
Oct.
A&O Dec.
1900'03
Jan. 3,1906
J&J June
1900
J&J
1,

1

1.

Aug.

.450,000
200,000
.150,000

1,

1900-1907.
$3,800 yearly
on Julv 1.
(
J Jan. 1. 1901

F&A
F&A

600,000
300,000
il.469.00O

1910
Jan. 2,1922
Apr. 1.1911

June

Morgan St.dock.1870. ..c&r 7
8,
Property purchased
with bond optional
r 4
8chool Bonds, including Bergen, etc., issuesAug. 2,1927
Tub, schools 1897
g 4
do

10,000
20.000
15.100
7,500

1905

Jan. 1, 1906
Apr. 1,1916
Feb. 1,1909

(

J

8,000
4.00O
12,000
slO.OOO

1,

1918

<

)
£

30,400

)

96.710
150.000

800.000
1S2.00O
245.000
340.672
60,000
al'25,0OO

548.443

200.00O
100,000

62

STATE MID CITY 8Uf fi£M£
LOANS—

-Principal.due. Oatstand'g.

Interest.

<

NAME AND PURPOSE.

.Rate.

When

Payable.

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

1872
1872
1874
1876
1876
1878
1873
1877
1879
1879
1883
1891
1891
1892
1893
1895

A & O

c&r 7
c&r 7
c&r 7
r 7
r 7
r 7
c&r 7
c&r 6
o&r 6
c&r 6
c&r 5
c&r 5
c&r 5
c&r 5
c&r 5
r

M&

& J
& J
M&N
M& S
M& N
J & J
F & A
J & J
F & A
A & O
J&D
J & J
J & J
J & J

Past due, not presented far payment—
Streets and sewers. various 7
Improvements
7

June

. .

Fundeddebt

1,

z$548,000
a375,000
a800,000
aSOO.OOO
a250,000
a60,000
a61,000
a47,000
a500,000
a255,000
a50,000
a50,000
ta525,000
t586,000
350,000
t248.000
t200,000
179,000

1894

1.000
,750
5,000

1

May"i"i897

4

a $1,000 each.

1,

Sept. 1,

J
J

4ifl

t

1902
1902
Jan. 1, 1904
Jan. 1, 1906
Nov. 1, 1906
Mch.26,1908
May 1, 1913
July 1, 1907
Feb. 1, 1909
July 1, 1909
Feb. 1. 1913
Apr. 1, 1916
June 1, 1921
Jan. 2, 1922
Jan. 2, 1923
Jan. 2, 1925
Apr.

S

was $18,510,747, which amount included $4,218,000 of assessment
bonds and $5,136,000 of water bonds. The floating debt at that date
was $535,970.

Dec. 1, 1899.
$8,271,072
4,218,000

Dec. 1, 1898.
$9,143,979
4,218,000

535,970
876,960
9,000
Total liabilities (excluding water debt) .$13,911,002
Cash in City Treasury
$636,055
Cash and bonds held in sinking funds
2,762,027
Taxes due and unpaid
3,769,419
Assessments due and unpaid
2,601,445
Cityproperty
4,147,190
Otheritems
498,155
Total resources
$14,414,291
Water debt (sinking funds not deducted)... $5,136,000

430,663
799,411
9,000
$14,601,053
$923,072
2,746,793
3,734,134
2,570,520
3,700,000
621,625
$14,296,144
$5,136,000

SINKING FUNDS—The

sinking funds, all of which are invested in
the city's bonds and certificates, «n Dec. 1, 1899, were as follows
Cash.
Securities.
Total.
General sinking funds
$100,867
$2,107,313
$2,208,180
Water sinking funds
30,737
523,110
553,847
:

Total

$131,604

$2,762,027

$2,630,423

ASSESSED VALUATIONTax Rate
Personal
Total.
per $1,000
1899.
$83,900,055
$28-40
$92,021,096
£8,121, 041
1898
82,934,859
28-60
7,510,141
90,445,000
1897
82,415,220
28-90
7,547,541
39,962,761
1895
81,968,790
27-50
7,370,832
89,349,622
.1800
73.059*265
26-40
5,898,150
78,957,415
18
61,89-1. 7'!9
29-40
4,985,200
66,879,939
Is
54.1
-,75
28-00
5,343,815
59,466,690
jLATION.— 1 1S90 population was 163,003; in 1880 it was
120.7- j; in 1870 it was 82,546; in 1899 it was estimated at 200,000.
-Assessed Valuation.-

Real.

:

•..'_•.

1

>

KEARNY. —
LOANS—

IM PROVEMENT
5s,
5s,
56,
5s,
5s,

4s,

This town is in
When Due,

F&A, $25,000. Aug. 1, 1901
F&A, 2,000. ...Aug. 1,1903
F&A,
500. ...Aug. 1,1903
F&A, 4,000
1900
M&S, 5,000. .Mar. 1 1902
F&A, 55,000 ..Feb., 1901-'06
. . .

. .

,

Hudson County.

LOANS

When Due.

School Bonds— (Con.
M&S, $4,000.. ..Sept. 1,1906
f>8,
J&D, 1,000 ...Dec. 16, 1906
4*28, M&S, 6,000.. Sept. 1, 1908
..

Sewer Bonds—
5s, M&S, $25,000.... Sept.

1901
75,000.... Mar. 1,1903
1,

M&S,
Refunding Bonds—

5s,

Fire Department—
4s
$7,000
Sept. 1, 1909
5s, F&A, $7,000. . . 1900 to 1906
Water Bonds—
($1,000 annually on Aug. 1.)
6s, A&O, $58,000.... Oct.
1, 1917
Redemption RR. Bonds—
5s, A&O, 30,000.... Oct.
1,1917
5s, J&D, $94,000.... June 1,1902 5s, M&S,
2,000.... Oct.
1,1917
5s, J&D,
6,000.... June 1, 1903 5s, A&O, 13,000. .Oct. 18,'19 & "20
5s, J&D, 48,800.... June 1,1904 5s, A&O, 11,000.. Oct. 1,1919-20
School Bonds—
48, F&A, 10,000
..Feb. 1, 1929
5s, J&D, $1,000. . .Dec. 16, 1900 Bonded debt Mar. 1, '99.. $574,800
5s, F&A,
500.... Feb. 1,1907 Floating debt (add' al).... 146,226
5s, M&S,
8,000. ... 1900 to 1901 Sinking fund assets
147,095
($4,000 yearly on Sept. 1.)
Tax valuation, real
3,734,225
5s, J&D, $10,000.... 1900 to 1904 Tax valuation, personal. 376,300
($2,000 yearly on June 1.)
Total valuation 1899.... 4,110,525
5s, J&D, $2,000.... June 1,1906 Tax rate (per $1,000) '99
28-00
5s, M&N,
3,000. . 1900 to 1902 Population in 1890 was
7,064
($1,000 yearly on May 1.)
Populat'n'95 (State census). 10,467
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, and on $5,000 due annually at the German National Bank; on
all others at the Essex County National Bank.
.

.

. .

.

.

.

LONG BRANCH. — Long Branch
Bond. debt. May
Floating debt

is

in Monmouth

County

'99

$89,000 Total valuation 1897. .$10,549,290
32,144 Tax rate (per $1,000) '99.
30-00
Total debt May 1, '99.
121,144 Population in 1890 was
7,231
Tax valuation, real
9,579,050 Population ia 1880 was
3,833
Tax valuation, person'l. 970,240
1,

. .

MADISON

This borough

is

in Morris County.

Bonds are

LOANS—

When Due.

tax exempt.

LOANS—

When Due.

Electric-Light Bonds—

Refunding Bonds—

Subject to call 15 years prior to
maturity.
5s, A&O, $15,000
Jan. 1,1911
5s, A&O,
5,000
Oct. 1,1911
5s, A&O, 15,000
Apr. 1,1913

Subject to call 20 years before
maturity.
5s, A&O, $60,000
Aug., 1920

4*28,

5s,
5s,

Road Bonds—
F&A, $29,000... 1900 to 1909
($2,000 due yearly.)

School Bonds—
5s,

$15,000

1917-1931

4s,

$20,000

Water Bonds—
,

A&O, 10,000
A&O, 10,000

CO.—Josiah

LOANS—

When Due.

seat

is

Bridge Bonds—
Feb.

$90,000

5s,

(Part due yr'ly) to Feb.

Bonds—

Road

1,
1,

1901
1909

Impt.
$70,000... Dec. 1, 1900
($10,000 due yearly) to Dec. 1, '06

4s,

Oct.,

1921

Apr. 1, 1923
Total debt in Mar., 1899. $161,000
Floating debt
25,000
Assessed valuat'n, real.. 1,851, 225

Jones, Director.

Trenton.

,

Floating debt
$303,000
Total debt May, 1899..
408,000
Sinking fund
268,000
Net debt May, 1899...
230,000
Assessed valuat'n, real 35,681,272
Assessed valuation, per.l 1,^94,921
Total valuation 1899. .47.276,193
Tax rate (per $1,000) 1899... $«03
.

Deficiency Bonds—
4s,
JuneS, 1903 Population 1890 was
,$25,000
79,978
Bonded debt May, 1899.. $195,000 Populationin 1900 (est.).... 90,000

MIDDLESEX CO.—
County
Brunswick.
seat

is

LOANS—

New

Bridge Bonds—
7s, A&O, $1,050

ASBURY FOUNTAIN, Director.
DAVID SERVISS, Collector.

5

I

When Due.

LOANS-

4s,

Apr. 1,1901
Jan. 1,1901

J&J, $30,000

When Due.

J&J, $10,000.. Jan.

1,

Bonded debt Feb. 1900.

1908-'09

$98,600

Floating debt
23,000
Total debt Feb. 1, 1900.. 121,600
Total valuation 1899... 27,312,101
State &Co. tax (per M.) '99. $10-48
Population 1890 was
61,754
Population 1895
75,038

J&J, $26,500.. Jan., 1901-1903*
J&J, 10,000. .Jan. 1, 1910-'ll
1904-1911
J&J, 40,000....
($5,000 due yearly on Jan. 1.)
INTEREST is payable at the Co. Collector's office. New Brunswick
TAX FREE.— All bonds issued by this county are tax exempt.

4s,
4s,
4s,

MILLVILLE.— Edward H
This city

is

in

LOANS

debt, Aug. 1. '99 $55,000
Assessed valuation. '99. 4,150,385
17-50
Tax rate (per $1,000),;'99
Population, 1899 (est.) ..
10,002

School Bonds—

$24,000 Aug. 1 1900-' 1

5s,

.

,

Refunding Bonds—
4s,

J&J, $31,000.. July

1,

1909*28

ft/rr^lVT'-rr^T
A ID
IVH^IN
^-l—Al-in.
-"-

This town

is

LOANS—

—

5
\

JOHN

H.

PARSONS, Chairman.

SILAS STUART, Treasurer.

situated m Essex County.

Railroad Bonds—

M&N, $100,000.... 1900-1909
($10,000 due yearly on Nov. 1.)
M&N,$135,000

LOANS—

When Due.

5s,

5s,

Stokes, Treasurer.

Cumberland County.
When Due. Bonded

1910-1918

($15,000 due yearly on Nov.

Whe7i

School Bonds— (Con.)
3*28. g.

Due

J&J,$12,000.Julyl,*02'13

School Mortgages—
5s, var.,

$28,500

Sewer Bonds—
.May
5«, M&N, $150,000.

1.)

School Bonds

1, 1913
1900-1901 4s, J&D, $60,000...- June 1, 1905
J&J, $2,000
Bonded debtMar.l,1900.$6fi4,500
($1,000 due yearly on July 1.)
Julvl, 1902 Tax valuation, real
8,031,550
5s, J&J, $112,000
1900-1901 Tax valuation, personal.1,062,700
5s, F&A, 2,000
Total valuation 1899.... 9,094,250
($1,000 due yearly on Aug. 1.)
1900-1921 Assessment about 25 actual value.
5s, M&N, $26,000
Tax rate (per $1,000) 1899. $30-60
(Part due yearly.)
Aug. 1, 1900 Populationin 1890 was
8,656
5s, F&A, $1,000
4s, g., M&S, $36,000, g.. 1900-1911 Population in 1900 (est.) ...14.000
($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 M«ntclair, Montclair, N. J.
TAX FREE.— All bonds are exempt from taxation.
. .

5s,

NEPTUNE TOWNSHIP SCHOOL DISTRICT. —Situated

Neptune Township, Monmouth Co.
Total valuation 1896 .$2,582,609
$96,300 Assessment about 23 actul value.

LOANS-

5s,

($10,000 yearly to 1905.)

MERCER
County

Renewal Bonds—

NTEREST is paid by the Merchants' Exoh. Nat. Bank of New York.
TOTAL DEBT. Etc.—The city's total bonded debt, on Dec. 1, 1899,

.

payable at the First National Bank of Madison.

($10,000 due ye'ly) to Jan., 1903

I

Temporary loans
Improvement certificates
Other accounts

is

Total tax (per $1,000) 1899.$23-70
Populationin 1890 was
2,469

actual value.

is *2

INTEREST

4,

Secured by special sinking fund.
s Wholly in sinking fund.
z These are assessment bonds
* Principal and interest paid by a special tax levy.
t

Oeneral account debt
Assessment account debt

Assessed valuat'n, pers'l. $321,295
Total valuation 1899. ...2,172,520

Assessment

Streets and Sewers Assessment BondsStreets and sewers, 1892. o.fer 5
J & J Jan. 2, 1922
Water loan, 1870
c&r 7
J & J Jan. 1, 1902

LXX

Vol.

in

. .

School bonds, 5s
Bonded debt Oct. 15

'99.
96,300 Tp.tax rate (per $1,000)'96 .$19-70
4 09
Assessed valuation.real.. 2,469, 049 Sohool tax (per $1 ,000) '96
8.000
Assess, valua., personal. 113,560 Population 1897 (est.)
,

.

NEWARK.-John
Newark

is

LOANS—

NAME OR PURPOSE.

—

Gibson, Comptroller.

Interest.

—

Rale. Payable.

Annexation
1886
improvement refunding
1886
Citytax
1878
Corporate
1880
do
1888
Intercepting sewer
School bonds
1897
do (high)
do
1898
do
do
1899
do
do
1879
Sewer
1*93
do
1879
Street improvement
do and sewer. 1886
do
Street opening
1890
Tax arrearage
1891
do
1892
do
1893
do
1894
do
1895
do
1896
do
1897
do
1898
do
1897
Public Library
Waterdebt
.1875
do
.1879
do
.1891
do
.1885
do
City

S.

situated in Essex County.

. .

4
4
4

M&
M&
M&
F &

Principal,
Outstand'g

When Due

1906
1923
1, 1906
1, 1908
1, 1910
Apr. 10, 1908
1899-1900
1917

Mch.
Mch,
Mch.
Aug.
June

1,

$126,000
1,500,000
158,000

700,000
500,000
620,000
4
4
101,000
3-35
200,000
100,000
4
3*2 J &
Deo. 1, 1929
300,000
Mch. 1, 1909
180.000
M&
6
M&
Mch. 1, 1907
30,000
4
M&
Mch. 1, 1909
6
270,000
4
May 10, 1906
500,000
&
4
1915
1915
100,000
4*2
1900
28.000
4
1901
34,000
4
1902
33,000
4
1903
31,000
1904
..
53,000
66,000
..
1905
..
1906
66,000
1907
86,000
..
1908
88,000
4
June 1, 1927
300,000
J &
Aug. 1, 1906
50,000
7
F &
M&
500,000
7
May 1, 1905
May 1, 1909
100,000
5
&
1911
70,000
5
412 M &
May 1, 1915
215,000
20,000
.1888 412 M &
Mch. 6, 1918
do
20,000
.1888 4
Dec. 2, 1908
J &
do
.1890 4
1910
20,000
J &
do
May 1, 1914
30,000
.1884 4
M&
do
12,000
.1886 4
May 1, 1916
&
do
.1887 4
A &
Apr. 1, 1917
15,000
do
.1892
4
F
Feb.
1922
6,450,000
&
1,
do
1912
20,000
.1892 4
do
1913
.1893
4
55,000
do
.1895 4
1915
40,000
do
1916
40,000
.1896
do
1927
100,000
.1897 4
do
1911
335,000
1891 4
Market
NTEREST is payable at office of City Treasurer and at looal banks.
TAX FREE.—The city's bonds are all exempt from taxation.
6
5

&
A &

J

M

J&J

.

M

M

I

NEW JEPSEY-CITIES

April, 1900

TOTAL DEBT, SINKING FUNDS, EtcJan. 1,1900. Jan. 1,1899. J on.l,189«.
Tot. bond. debt(incl. water dbt)$14,429,000 $14,113,000 $14,086,000
Sinking funds
3,857,519
3,345,039
3,028,225
r

Netbondeddebt
$10,571,481 $10,677,961 $11,057,775
Water debt (included above)
$7,757,000
$7,757,000
Temporary loans (additional)
$738,000
The sinking fund receives each year an amount equal to about 3 per
cent of the bonds outstanding.
Temporary loan bonds are only issued against such 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
cent of the total valuation.

ASSESSED VALUATION— Property

assessed at about 70 per

is

cent of actual value

Real
Tears.

1899
1898
1897
1896
1895
1890
1880
*

Total
Assessed
Valuation.

Personal

Estate.

Property.

$116,585,525
111,979,904
111,273,650
108,872,790
106,012,950
88,729,905
65,733,315

$29,072,213
27,798,994
27,275,414
26,130,716
25,587,787
25,265,475
17,631,095

Less indebtedness sworn

POPULATION— In

Total

Tax per
$1,000.

$145,657,738
139,778,898
138,549,064
133,483,311
*130,085,787
113,995,425
83,364,410

$
21-00
19-80
19-60
1 9-80
18 20

The sinking fund receives yearly about $24,000, raised by taxation
ami from the water-works and other sources. The available assets consist of unpaid taxes ($118,526), assessments in arrears ($92,347),
and cash in treasury ($28,823) and sinking fund of $144,745.

CITY PROPERTY is valued at $2,558,000.
ASSESSED VALUATION.— The city's assessed
one-half of the cash value)
as follows:

1899
1898
1897
1895
1890
1887
1880

136,508; in 1895, according to the State census,

NEW BRUNSWICK.-

it

1880

in

it

was

was 215,807.

£$$&$&$&&:

\f.
This city is situated in Middlesex County.
When Due.
LOANSLOANS—

When Due

Revendb Bonds—
4b, M&N, $18,000....
Sinking Fund Bonds—
6s, MAS, $11,000.. Sept. 1, 1902-3
6s, M&S,
41,000..1901,'02&'03

and tax rate

valuation (about

have been

for a series of years

Personal Indebtedness Total Assessed Tax Rate
Property, to be deducted. Valuation. jper$l,000

Real Estate.
$9,132,483
8,967,540
8,816,819
7,630,600
5,950,000
4,917,300
3,919.700

Tears.

$963,838
976,179

$88,482
76,385
87,447
112,500
137,920
92,050

1,020,637

$10,007,839
9,943,719
9,750,000
8,425,000
6,732,000
5,650,000
4,448,800

$27-60

250O

28-80
907,800
27-0O
782,000
27-40
732,700
2100
529.100
POPULATION.—The estimated population in 1899 was 25,000;
In 1890 it was 18,844; in 1880 it was 13,207; in 1870 it was 9.318.

PASSAIC —This
LOANS-—

county of the same name.
School House Bonds— (Con.)—
Nov., '16-17
4»28, J&D, $22,000

city is in the

When

Due.

C'ity Bonds
J&D, $20,000..Junel,'00 19
5s,
5s,
J&J,
23,500. .Jan. 2, 1902
5s,
1900-1914
12,000
5s,
11,500
1918
5s,
25.000.Nov., 1900'24

4 1^8,

off.

1890 population was 181,830;

63

TOWNS.

ATifc

Sewer Bonds—

Street Imp. Bonds—
1913-1917

4«2S, ....,$50,000

($5,000 yearly to July 1. 1913, and
1914, $10,000 in 1915, $15,000
in 1916 and 1917.)

1906

7,500

,$60,000

..s

27,500. ...1901 to 1911
($2,500 yearly on Mar. 1.)
5s, J&D, 5,000
Sept. 1,1904
5s,

Tax Bonds—
,$17,000

..8,

F&A, 7,500
Aug. 1,1919 Bonded debt Jan.
Public Improvements—
Floating debt

$502,418
220,019
Total debt Jan. 1, 1899.. 722,437
177,035
Sinking fund and cash.
545,402
Net debt Jan. 1, 1 899 ...

4138,

1, '99.

1900-1912
Public Park Bonds—
5s, J&J, $33,000
1905
($3,000 due yearly) to 1915 Tax valuation, real

5s, ....,$65,000

. .

.

Street&SewerBonds— (Con.)
7,735,255
68, M&N, $19,500.-1900 & 1901
School House Bonds—
Tax valuation, personal. 1,114,550
6s, M&N,
18.500..1901 & 1902
5s, J&J, $7,000
1900 to 1906 Total valuation 1899.... 8,849,805
24,000.-1902 & 1903
68, M&N,
412s, J&D, 35,000....1913tol917
Assessment is 2- actual value.
6s, M&N,
37,000. 1903 & 1904
($7,000 yearly on Dec. 1.
Total tax (per$l,000) '99. ..$2780
6s, JiV.I
141,500.. 1905 & 1906 68, M&N,
500..1904&1905
13,028
58,
..... $9,000
1912 Population in 1890 was
5s, M&S,
22,000.. Sept. 1, 1901-2 6s, M&N,
4.500..1905&1906
5s,
1900-1915 Population in 1880 was
6,532
....,
16,000
5s, M&S,
25,000.. Sept. 1, 1902-3 6s, M&N,
1.000..1906 & 1907
413s,
22,000
1899-1914 Population in 1899 was
46.000
5s, J&J,
15,000 Jan. 1, 1905-6 68, M&N, 11.500..1907&1908
N T E REST is payable at Passaic National Bank, Paaaaic, N. J.
4^8, M&N, 12,000.. May 1,1907-8
Water Bonds—
4i$s, A&O, 95,000
.Oct. 1, 1919 7s, M&N, $50,000.. Moh. 1, 1903-4
4138,
65,000
GEORGE W. BOTBYL, Clerk.
7s, M&N,
3,500
Nov., 1900
CO.- P.
4s,
10,000
H. 8HIELD8, Collector.
Refunding Bonds4s, M&N,' 65,000. ...1907 & 1908 4e, M&N, $151,000.
May 1, 1922
County seat is Paterson.
4s, M&S, "10,000 .Mar.,
1907-8 4^8. M&N, 68,000.. Nov. 1, 1926
When Due.
Rebuilding Bridge Bonds—
LOANS—
3s, M&N, *10,000 .Nov. 1, 1908-9 48, M&N, 110,000.. May 1, 1923
Bridge Bonds—
1905
5s, M&S, $24,000
38, M&S. *40,000 .Sept.1,1917-18 3^8, J&J, 22,000
Jan. 1, 1924
1906
Oct. 1,1905 58.M&S, 40,000
48, M&N,
62,000.... Nov. 1,1923 3»28, M&S, 48,000. ..Mar. 1,1924 5s, A&O, $13,000
33,000
Interest is payable in Paterson.
Street and Sewer Bond*
Feb. 1, 1925 5s, J&J,
5,300
3>fl8, F&A,
58.F&A,
'99.
12,000
Feb. 1,1904 Total debt July 1,
$4 06,000
6s, M&N, $15.000
1900|
54.S91.857
Road Bonds—
Tax valuation, real
.

I

PASSAIC

,

,

. .

The bond issues marked thus (*) are all held by the sinking fund.
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 maturitj.
"

TOTAL DEBT, SINKING FUND, Etc^r.1,1899. Apr.1,1898. A^r.1,1897.
Total municipal debt
Sinking funds and cash assets

5s,
5s,
5s,

M&S, $15,000

M&N,

25,000
20,000

J&J,

Court House Bonds—
4s,
4s,
4s,

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

.

1, '02-'03

PATERSON.— James Parker

$1,293,600
225,230

$1,570,600
441,994

$1,017,960
68,500
Floating debt (included above) .. .
30,900

$1,068,370
132,500
6,500

$1,128,606
190,500
9,500

City Hall Bonds—
5s, M&N, $1 15,000.. May,'97-1907

steam

5s,

CITY PROPERTY.—The

city

owns public

buildings,

fire

engines, etc., 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

rate have been as follows

city's assessed

valuation and tax

:

Real

Personal

Rate of Tax

Total Assessed

Tear.

Estate.
Property.
Valuation.
per $1,000.
$8,032,911
$1,988,020
$25-60
$10,020,931
8,319,286
24-00
1,981,956
10,301,241
8,574,176
2,042,375
10,616,551
2600
8,120,000
2,105,000
26-00
10,225.000
7,900,000
24-60
2,150,000
10,050,000
4,062,455
41-40
1,325,850
5,388,305
4,173,000
1,243.000
35-81
5.416.000
POPULATION— In 1890 population was 18,603; in 1880 it was
17,166; in 1870 it was 15,058; Police census, 1894, 20,338.

1899
1898
1897
1895
1890
1886
1880

DRANPl?
IN ^Jr-tV —
*-* -"-«-

Orange

$
$

HENRY STETSON, Mayor.
A. DUG AN, City Clerk.

situated in Essex
retired before maturity.

LOANS—

Poor House Bonds—

None

County

When Due.

J&D, $1,000
Deo. 1,1900
School House Bonds—

5s,

5s
5s

1903
$1,800
8,000
1900-1901
58, J&D,
3,000
Deo. 1, 1902
58, J&D,
5,000
Deo. 1, 1903
4^8,....
40,000
1900 to 1907
($5,000 due yearly.)
4ia8, J&J, $60,000. ..1913 to 1918
($10,000 yearly on July 1.)

Sewkr Bonds—

LOANS—

When Due

Sewer Bonds— (Con.)—
J&J,
J&J,

20,000. .Jan. 1, 1913-14
60,000
Jan. 1, 1915
($15,000 due y'rly) to Jan. 1, 1918
5s, J&J, $80,000
Jan. 1,1919
($20,000 due y'rly) to Jan. 1,1922
58. J&J, $50,000
Jan. 1, 1923
($5,000 due y'rly) to Jan. 1, 1932
4^8
,$125,000... 1915 to 1921
4^28, ..... 150,000. ..1904 to 1914
4a, J&D,
50.000. .. June 1, 1919
($10,000 due y'rly)to Junel.1922
4a
60,000
5s,
5s,

.

—
$57,000.1929 to 1933
5.000. June 1, 1922
Tax and Assessment Arrears—
250,000. June 1, 1923 4ig&58, ...., $96,500.-1900 1908
($25,000 due yly) to June 1, 1932 4 1 2&5s. ....,
32.100..1900-1908
5s, J&J, $30,000
Jan. 1, 1904 4s, semi-an.,
70,000 1901-1910
($5,000 due y'rly) to Jan. 1, 1909
Water Bonds—
5s, J&J, $16,000... Jan. 1,1910-11 5s. A&O, 344.000
Oct. 1.1912
INTEREST is payable at the United States National Bank, N. Y., or
at the Orange National Bank or Second National bank of Orange.
5s,
5s,
5s,

,

J&D,
J&D,

.

.

TOTAL DEBT, EtcMay

1, '99.

„
Total municipal debt.$l,562,900
Sinking funds .and
other assets
384,441
,

May

16. '98

LOANS—

A&O,

part yearly

4^8, M&N.120.000
4s,
J&J, 100,000
4b,
...
30,000

1908

,

Sewer Bonds
J&D, $3,000
J&D, 16,000
M&S, 30,000
,

floating debt

Renewal Bonds—
6s, M&N, $30,000

1901

F&A, 60,000.... 1903 to 1904
1905
J&D, 20,000
1903
M&S, 14,500
A&O, 9,500
J&D, 23,000
1904
4^8, J&D, 47,000
1906
4*28, J&D, 68.000
1906
4*28, J&D, 42,000
1907
58, J&D,
41,000
4s, J&D, 100,000. ...1908to 1916
48, J&D, 32,400 ....1909 to 1911
1913
4s, J&D, 34,500
1914
4s, J&D, 85,000

1902
1902
1902
1913

18,000

When Due.

6a,
6s.
6s,
5s,
4a,

School Bonds—
7s, J&D, $7,000
7s, J&D, 20,000

1900
1901 to 1904
5a, J&J, 50,000
1907
5s, F&A, 50,000
Aug. 1, 1908 4*28,
59.000
4*28, A&O, 25,000
20,000
Oct. 1, 1910 4s
4i«s, A&O, 25,000
48,'
J&D, 22,000
Dec. 1,
Oct. 1, 1911
4s,
A&O.50.000
1913-15
Sewer Appropriations—
1900 to
($25,000 on April 1.)
4a, J&D. $65,500
4s
1918 4^8, J&D, 36,000
,$15,000
4s
50,000
5s, J&D.
67,000

May 1,1897. Mayl3, '96

$1,515,200

$1,571,000

$1,618,800

349,038

128,759

92,674

$1,166,162

$1,442,241

$1,526,126

$344,000
20,000

$344,000

$354,000
$20,000

4s, ....,$97,000
4s, ..... 150,000

July

Funded Debt—
6s, J&D, $5,000
War Bounty Bonds—

7s,

1917
1908
1909

1905
1909

J&D, $21,500

M&N, 14,000
Park Bonds—

5s,
1,

1908
1909

4s,
4s,

158,

1900

A&O, $125,000.. .1908
J&D,
20,000

58.J&D,

1900

1921
1921
1901
1911

to

15,000
15,000

J&D,

|

PAR VALUE OF BONDS— Most of
INTEREST is payable at the City

the bonds are for $500 each.
Treasurer's office.

TOTAL DEBT-

Jan. 17, 1900. Mar. 2 0,'99. J/ar. 20.'98. Mar. 20.'96.
Total bonded debt
$2,927,500 $2,713,000 $2,548,000 $2,551,000
Bills payable, certillcates.&o
416,572
343,428
623,898
597,388
Total debt

$3,270,928

$3,171,898

$3,310,388

$2,967,572

FREEDOM FROM TAXATION—The city taxes none of its bonds.
ASSESSED VALUATION—The oity's assessed valuation (about

three-fourths of the eash value) and tax rate have been as follows
Real
Rate of Tax
Total
Personal
Tears.
Estate.
Property.
Assessed Vol. per $1,000.
:

1899
1898
1897
1896
1895
1890
1880

$24 60
$39,704,725
$17,563,092
$7,858,367
•2500
37,934,677
45.380,636
7.445.959
•25 00
37,223,438
44,431.419
7.207,981
2500
36.320,148
7.243,536
43,563,684
25-0O
33,383,259
6,837,093
40,220,352
25-0O
23,981.681
-t. 947,009
28,928,690
2110
16,348,608
3,544,517
19,893,135
POPULATION— In 1890 population was 7S,:U7: in 1880 it was
51,031 in 1870 it was 33.579 in 1895 it was 97,344.
;

Net debt
$1,178,459
Water debt (inoluded
above).
$344,000

LOANS-

When Due.

155,000

6a,
5s,
5s,
48,

Comptroller

in Passaic County.

is

,

bonds can be

of the oity's

This city

Street Impt. Bonds—

DANIEL

is

.

F&A, 100,000.. Feb. l,'08-'09
F&A, $100,000. Feb.,1910&'ll

$1,286,400
268,440

Net debt
Water debt, included above

Tax valuation, personal 9,644,792
Total valuation 1899.... 64,236,649
Assessment about H actual value.
Population in 1 890 was . . .105,046
Population in 1899 (eat.) .160,000

Mar.1,1901
1901

;

PERTH AMBOY.Thls city

is

in

Middlesex County.

5

JAMES

L.

(Q ARRET

COMPTON.

BBODHEAD

Mayor.

Treat

64
LOANS-

School Bonds—
g., M&S, $25,000.. Sept.

4s,

4s

1,

10,000

Paving Bonds—

4s, g,

m®

STATE
1918
1919

$54,000
Sohool bonds
Assessment bonds, etc .. 185,300
*99.
573,300
Bonded debt Mar. 1,
131,862
Sink, fund and cash
Water debt (included) .... 307,000
3,513,045
Tax valuation, real
Tax valuation, personal. 234,750
Total valuation 1899.... 3,747,795
Total tax (per $1,000) '99... .$2490
9,512
Population in 1890 was
Population in 1897 (est.) .15,000

I

I

$2,000

1908

Tax Arrearage Bonds—
4s. F&A, $40,000
Aug. 1, 1909
Refunding Water Bonds—
4^8, $17,000

CITY 8Uf ft£M£WT.

I

|

,

I

Jan., 1929

. .

I

PHILLIPSBURG.— Rowland
This town

is

Firth, Mayor.

Warren County

in

Street and Sewer Bonds—
Total valuation 1899 .$3,771 ,080
4s, A&O, $60,000
Oct. 3, 1917 Assessment about % actual value.
48, A&O,
9,500
1906&1914 Tax rate (per $1,000) '99... $18-80
Total debt May 1, 1899. .$150,411 Population in 1890 was
8,644
.

Tax valuation, real
2,941,537 Population 1898
Tax valuation, personal 829,543

PLAINFIELD.— Geo.

10,500

(est'd)

W. Rockfellow, Mayor.

This city is in Union County.
Sewer 48,1900-1927
$116,000
Floating debt
18,215
Total debt Jan. 1,1899.. 134,215
Assessed valuation
7,070,940
Assessed valuation.
1,132,910

RAHWAY,

.

Total valuation 1899... $8,203,850
Assessment about ^ actual value.
Total tax (per $1,000) '98... $24-20
11,267
Population in 1890 was
13,629
Population in 1895 was

CHAS. B HOLMES, Mayor.

VANDERHOVEN, Treasurer.
This oity, of Union County, was declared bankrupt in 1882, and a compromise of the debt exclusive of the water debt ($185,000) 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. Water debt additional. $185,000
LOANS—
Adjustment Bonds 1882—
Floating debt (addlt'al)
18,000
4s, M&N, $590,090... Nov. 1, 1922 Assessed valuation
2,854,300
Subject to call at any time.
382,400
Assessed valuation
School Bonds—
Total valuation 1899... 3,236,700
4*28, J&J, $35,000... Mar. 1,1918 Total tax (per $1,000) '98 .$27-90
Water Bonds Renewed
7,105
Population in 1890 was
4s, J&J, $185,000.
Julv 1, 1932 Population in 1880 was
6,455
Total debt July 1, 1899... $625,090 Population in 1895 was
7,945
I

R.

.

.

Interest payable at Mercantile Trust Co., New York City.
All bonds are exempt from taxation when held in New Jersey.

RED BANK.—E.
This town

is

0. Davis, Chief Commissioner.

Monmouth County.

in

LOANS—

Wh'nDue.

Assessed valuafn '99. .$2,886,676

Water-Works Bonds—

Tax

RUTHERFORD.-

600

rate (per M.) '99

Population in 1890 was
4,145
Population in 1898 (est.). ...6,000

$60,000
1914
25,000
1919
Bonded debt Feb. 1,1900. .$85,000
5s,
48,

EDWARD J. TURNER, Mayor
JOSEPH W. BURGESS, Clerk,

Bergen County.

The bonds are exempt from taxation
When Due. Tax valuation, real
$3,431,010
Road and Sewer Bonds—
Tax valuation, personal. 294,730

Is in

LOANS—

4^8, J&J, $75,000.... July 1, 1922
Bonded debt Feb. 1, '99.. $75,000
Floating debt
73,922
Total debt Feb. 1 1899
148,92 1
. .

,

INTEREST

Total valuation 1899.. .3,725,740
Assessment about ^ actual value.
Total tax (per $1,000) '99. .$1910
Population in 1890 was
2,293

payable in gold at the Nat. Bank of the Republic, N. Y.

is

SADDLE
RIVER.— W.H.AcKERMAN,Crrrman.
township
Bergen
This

is

in

Co.

LOANS—

When Due. Total debt

Highway Bonds—

F&A, $85,000. Aug. '99 to
Bonded debt Feb., 1899. $85,000 Total tax
Floating debt

INTEREST

at People's

Bank & Trust

SOMERSET
CO,
County
seat

$82,175. ...On

Total debt

Tax
I

W.

J.

E. B.

Co., Passaic, N. J.

LOGAN, Director.
ALLEN, Collector.

May

Total valuation 1899. ..21,674,467
sohool tax '98 ..$5-40
Population in 1898 was
31,737
Population in 1890 was
28,31

demand County and

10, '99.
$82,175
valuation, real
16,200,658

.

.

NTEREST payable at County Collector's office.

SOUTH AMBOY.-Joseph
Tnis borough

is

F. Fulton", Clerk.

in Middlesex County.

When Due. Net debt July 1, 1899. .. $46,717
LOANS—
Water-works Bonds—
School Dist. debt (add'l).
8,300
I

|

58

1900-1911

Assessed valuation, '99.1,345,000
Assessm't about 75% actual value.
1900-1923 Tax rate (per $1,000), 1898.$15-60
Bonded debt July 1,1899. $51,000 Population 1890
4,330
Sinking fund
4,283 Population 1898 (est.)
7,000

$24,000

Dock Bonds—

I

!

SOUTH ORANGE.
This village

in

Is

LOANS—

4s,

g.,

CONNETT, Pres.
I JOHN R. WEEKS, Treas.

<

E. V.

Essex County.

Refunding Bonds—
J&J, $58,000

When Due. Tax
Tax

.Jan

1,

1930

(Subject to call 1920.)

Sewer Bonds—
Ss, F&A, $25,000.... Aug. 1, 1922
Bonded debt Mar. 31, 1899.$85,000

valuation, real
$3,115,000
valuation, personal. 352,000
valuation
Total
1899. . .3,467,000
Total tax (per $1,000), '99.. $2000
.

Population in 1890 was
Population in 1899 (est.}

Principal and interest of bonds are payable in gold

SrTTvnVTTT-'
U IVI iVll 1
This city

is

in

,

—

>
\

GEO. WILCOX, Mayor,

DANIEL

Union County.

C.

Sewer Bonds—

5s, semi-an.,

$50,000.. Jan.
($10,000 due y'rly) to Jan.

DAY,

Clerk.

1,
1,

1,
1,

3,106
4,500

LXX
$7,283
10,093

1901 Tax valuation, real
2,108,850
1906 Tax valuation, personal
258,650
Tax valuation 1899
2,367,500
1901 Tax rate (per $1,000) 1899. $29-40

1905 Average school tax
Population in 1895 was
Population in 1890 was

Interest payable at Summit.
Bonded debt Feb. 1, 1899. $70,500

2-60
4,819
3,502

TRENTON.—
AV.
Trenton
Mercer

J. B. Stokes, Treasurer.
County. The sinking funds are well maintained
and the water works are much more than self supporting.
Principal
* Interest.-—LOANS
When Due.
Outstand'g.
Rate. Payable.
NAME AND PURPOSE.
Alms House
1904
1894 4
$1,700
City Hall Improv't.. 1897 4
1907
2,000
Contingent bond
Nov. 22, 1907
2,000
1897 ..
do
1909
do
..1899 4
2,000
.
. 5 Aug. 1,1900 to '09)
v
Coupon bonds
1895 4
79,000
* & A I ($7,900 due y'rly.)
J
Fire Department
1912
1892 4
45,000
do
do
A & O
1908
1898 4
2,880
Funding
July
1911
1881 4
170,000
1,
do
1885 4
May 1, 1905
130,000
do
1898 3*4
1908
50,000
HighSchool
Nov. 1, 1929
1899 3*3
& N
25,000
Park improvement... 1891 5
Dee. 1, 1916
5,000
do
June 15,1913
do
...1888 4
J & D
69,000
May 1, 1916
do
...1891 4
do
25,000
do
do
July 1, 1917
...1892 4
5,000
1918
do
do
...1893 4
27,000
do
Aug. 21, 1929
do
...1899 3** F & A
15,500
Pavem., Clinton Ave.1896 4
1906
4,000
do
1928
do
1898 4
6,160
Police Department.. 1890 4
Dec. 15, 1910
18,000
do
do
..1895 4
1905
6,000
Poor emergency
Feb. 15, 1902
1892 4
3,200
Poor, alms h.&print'g.'95 4
1905
5,700
1907
Poor bonds
2,000
1 897 4
A
1900
do
1889 4
1,500
do
1899 3»a
A Feb. 28, 1901
1,500
School house
Aug. 1, 1901
14,000
1891 5
Dec. 15, 1900
do
6,000
do
1890 4
Feb. 16, 1911
22,000
do
do
1891 4
May 15, 1913
do
do
1893 4
18,000
Oct. 1, 1917
9,000
do
do
1892 4
Jan. 16, 1918
6,000
do
do
1893 4
1914
18.000
do
do
1894 4
1916
21,000
do
do
1896 4
1917
8,000
do
do
1897 4
do
Jan., 1918
14,500
do
1897 4
1929
do
do
25,000
1899 313
July 1, 1908
12,000
Special school-h.loan.1888 4
J
O
Oct. 1, 1908
8,000
do
do
1888 4
do
Dec. 1, 1901
22,600
Sewer bonds
1891 5
Aug. 1, 1902
28,000
do
.1892 4
do
Sept. 1, 1902
26,000
.1892 4
Jan.
1903
14,
39,000
do
.1893 4
Aug.
1903
1,
45,000
do
.1893 4
1904
101,000
do
1894 4
240.800
1905
do
.1895 4
1906
158,400
do
.1896 4
1907
51,600
do
.1897 4
1907
17,100
Sewer Commission'rs.1897 4
1908
1,800
D
do
1898 4
do
J
June 16, 1900-'03 )
15,000
Volunteers, 1864
J
6
$5,000 yearly. 5
26,500
Refunding Bonds, ...1897
Apr. 16, 1907
29,000
do
...1897
Aug.13, 1907
do
Nov. 10, 1907
8,200
do
do
...1897
45,000
1908
do
do
...1898
72,000
Sept. 5, 1908
do
do
...1898 4
& S
1909
50,900
...1899 3^
do
do
52,000
do
do
...1899 3^
& S Sept. 11, 1909
Feb. 24, 1910
43,100
...1900 3ifl
do
do
is

in

—

—

r—

F&A

J&J
M&N

M

J&J

.

M
F&A
M
F&A
Chambersburg Bonds, assumed
Apr. 20, 1913
A&Oin 1898.
Parks,1888
5
Subject
:

13,000

to call

1905 & 1906
Semi-an.
5
Subject to call after 10 years.

Redemption, etc. 1885-6

Wilbur Bonds, Assumed:

A&O
M&8
J&J
F&A

1900-1914
5
1900-1913
1898 5
1913
1893 5
Improvement
1915
1895 5
do
Loans Payable by Special Assessment:
Assessed upon city1901
Street improvement. 1891 5
1903
..1893 5
do
do
Feb. 16, 1901
do
..1891 4
do
Aug. 1, 1902
..1892 4
do
do
1904
..1894 4
do
do
1905
..1895 4
do
do
1906
do
1896 4
do
1907
..1897 4
do
do
M
1908
..1898 4
do
do
Assessed upon property benefited—
Nov. 15,1903
1893 5
Pavement
1901
.1891 4-5
do
Aug. 1, 1902
.1892 4
do
1904
.1894 4
do
1905
.1895 4
do
1906
.1896 4
do
1907
.1897 4
do
1908
.1898 4
M &N
do
.1893

School
de

.

&N

Water Loans Reported Separately

I

1

5s, ..... $24,000. Oct. 1,

(additional)

Sinking fund

$9,000.. Jan.
($1,500 due yearly) to Jan.

.

When Due. Tax valuation, person'l.$5,473,809

County Notes.
var

$27-90
2,197

M.) '98..

Somerville.

is

LOANS—

4s,

(per

Population in 1890 was

4,713

When Due. Floating debt

School Bonds—
5s, semi-an.,

$89,713

Feb., 1899...

Bonds are exempt from taxation.
1923 Tax valuation 1899
978,170

5s,

LOANS—

Vol.

1893 4
1897 4
do
1»»98 4
do
Chambersburg water, 1885 5
1886 5
do
do
do 1886 5
do
do 1887 5
do
do 1896 4
do
NTEREST is payable at Treasurer's
City water

J&J
J&J

I

15,000
11,000
15,000
15,000
5,421
7,185
2,275
2,483
3,801
12,625
4,196
4.769

29,418
22,815
46,504
15,517
19,898
27,875
29,504
27,431
5,567

:

May 15, 1913
Jan.
Jan.

F&A
J&J
J&J

36,000

1,
1,

1917
1927

1905
Feb.

July

5,
1,

1906
1906

1907
1906

office in

75,000
175,000
175,000
11,000
5,000
7,000
20,000
45,000

Trenton.

TOTAL DEBT, EtcMar. 1, 1900.
Total bonded debt.... $2,966,566
1,167,919
Sinking funds

Mar. 1, '99. Jfor.1,'98. Mar. 1,'97.
$3,001,165 $2,730,950 $2,422,700
518,192
886,506
1,028,555

$1,798,647 "$1,972,610 $1,844,444 $1,904,507
Net debt
$343,500
$343,500
$795,504
Water debt ino. above $515,500
owned
by
value
property
the oity
of
total
—The
PROPERTY
CITY
is estimated at $2,967,200, Diciuding water works, $2,000,000.
ASSESSED VALUATION.— Property assessed " at about one-half
aotual"value."

Personal

Real

Deductions.
$1,403,768
1,321,551
1,360,142
1,449,692

Property.

Estate.
Years.
1899.... $25,421,305
1898.... 25,1521,405
1897.... 23,992,680
1896.... 23,646,407
1895.... 22,940,786
1890.... 20,199,162

Net
Rate of Tax
Valuation. »er$l,000.
$30,702,035 $21-50
21-50
30,271,215

$6,684,498
6,271,361
28.859,670
6,227,132
21-50
28,696,715
6,500,000
5,496,217
28,437,003
2000
6,981,643
1,484,959
25,695,846
POPU LATION.-In 1890 population was 57,458; in 1880 it was
29,910. In 1899 it was estimated at 73,000.

UNION. —This town

is in Hudson County.
When Due.
Town Hall Construction—

LOANS—

School House Bonds—

July 1,1900
5s
$18,000
($2,000 due y'rly) to July 1, 1908
Bonded debt Mar., 1899.. $311,000
Floating debt
24,124
Total debt Mar., 1899..
335,124
Total valuation 1899. ...3,914,500
Tax rate (per $1,000) 1898. $24 60

1902-1915

$43,000

5s,

Sewer Bonds—

Jan. 1,1901
$40,000
($5,000 due y'rly) to Jan. 1, 1908
Jan. 1,1913
5s
$15,000
Jan. 1,1901
5s, J&J, 140,000
<$10,000due yearly) to Jan. 1, 1914

^5s,

. .

Population 1890 was
Population 1898 was

10,643
93,174

UNION
CO.— {i M.HUBBARD,
WOOD,
County

Director.
Collector.

P.

seat

is

Elizabeth.

When Due. Sheridan House Pur. bda.. $28,000
LOANS—
Interest payable at Elizabeth.
Deficiency Bonds (freshet)—
May
'5s, J&J,
1 1900 Total debt May 9, 1899.
$9,000
$463,000
1901 to 1907 Tax valuation, real
6e, J&J, 42,000
35,508,215
,

Road Bonds-

Tax

valuation, person'l. 5,261,085

J&J, $350,000.... 1901 to 1910 Total valuation 1899. .40,769,400
Subject to call after ten years.
Assessment about 85 actual value.
County tax (per$l,000) 1899_.$5-40
War Bonds—
1907 to 1909 Population In 1S90 was
$26,000
72,467
Population 1898
90,000
All bonds issued by this county are exempt from taxation.

Is,

.

WEEHAWKEN.-Thoms
Carroll, Clerk.
township
Hudson
Hoboken.)
This

is

in

LOANS—

When

Road and Sewer Bonds—
5s, semi-an.,

$29,000

School Bonds—
5s, semi-an.,
5s, semi-an.,

$25,000
20,000

Sewer Notes—
6s, ....,

$9,762

County. (P. O. Station 1,
Due. Bonded debt Mar. 15, '99
Sinking fund
1905 Net debt Mar. 15, '99....

$74,000
6,000
68,000
Tax valuation, real
2,504,600
1904 Tax valuation, personal. 194,400
1911 Total valuation 1899.... 2,699,000
Tax rate (per $1,000) 1898. $1700
Population in 1890 was
1,943

WESTFIELD.— Chas.
This town

is in

D. Reese, Clerk.

Union County.

LO A N S—

When Due. Bond, debt Feb,

15, 1900. $82,000
Assessed valuation, real. 1,578,500
5s, ... ,$15,000
Nov., 1910 Ass'd valuation, pers'l.. 129,850
Ss, ...., 10,000
Nov., 1920 Total valuation 1899
1,708,350
Sewer Bonds—
Tax rate (per $1,000) '99... $25-60
July 1, 1927 Population 1900
4s, J&J, $30,000
5,000
(Optional after July 1, 1917.)
Population 1890
2,739
4^8, J&J. $24,000... 1900 to 1907
($3,000 yearly on July 1.)

School Bonds—

no

W

u/ttct
rL,C> 1
This town

tr
r\ rr vr ivt
rlLJ±3^JlrVXl.lN.
is

—

5
>

f. a.

schwartz, Treasurer.

JOHN

P.

LOANS—

J&J, $24,000

July

1,

4^s. J&J, $24,750
1900 5s, J&J,
30,000

School Building & Sites—
5s,

McMAHON,

Clerk.

Hudson County.
Redemption Bonds— (Con.)
When Due.

situated in

Assessment Bonds—
-6s,

J&J, $52,500

July

...

1,

Jan. 1,1908
Jan. 1. 1902

Street Improvem't Bonds—
1900 4s, J&J, $75,000
Jan. 1, 1910

Assessm't & Renewal Bonds—
$21,500
Jan. 1, 1905
27,000
Julyl, 1910
Redemption Bonds—
Kb
9,000
Jan. 1,1911
5s, M&N, $50,000
Nov. 1, 1904 6s,
7,000
Julyl, 1911
5s, J&J,
25,000
Jan. 1,1906 5s, A&O, 20,000
Apr. 1,1901
4138, J&J, 1,200
July 1,1903
INTEREST is payable at the First National Bank of Hoboken and
Hudson Trust & Savings Institution.
TOTAL DEBT, Etc.—The total bonded debt on Nov. 15. 1899
was $346,950; floating debt, $95,000; total debt, $441,950; Binklng
fund and cash assets, $16,100.
ASSESSED VALUATION in 1899 of real estate was $5,265,750;
of personal property, $401,250 total, $5,667,000 total tax rate (per
$1,000), $2500.
POPULATION—The population in 1890 was 11,665; in 1880 It
was 5,441 in 1870 it was 4.132 in 1899 (estimated) 27,000.
<$5,500 due yearly) to July 1, 1909
4s, M&8, $45.<>00..Mar. 1, 1902 to
($1,500 due yearly)
Mar. 1, 1931

6s,
6s,

;

;

Place—

Allendale (Boro.). Bergen Co... $10,000
60,000
AUenhurst, Monmouth Co
Anglesea(Boro.),CapeMay Co. 17,502
37,500
Atlantic County
Avalon (Boro.), Cape May Co.. 10,000
(Boro.),Ocean
Co.
17,000
Haven
Beach
Belmar (Boro.), Monmouth Co. 130,000
Beverly (City), Burlington Co. 11,250
Bordent'wn(City),Burl'gfnCo. 24,077
Bordent'n (Townsh.), Burl. Co. 10,869
Bound Br'k(Bor.),Somer8't Co. 23,275
Bradley Beach (Bor.).Mou. Co. 27,500
Brigantine. Atlantic Co
30,000
26,000
Camden County
14,000
Cape May County
Carlstadt (Boro.) Bergen Co.. 40,500
Chatham (Boro'gh), Morris Co. 46,900
Chester (Twp.), Burlington Co. 40,000
Cranford (Twp.), Union Co.... 1H7.000
Deckertown (Bor.), Sussex Co. 59,000
Delford (Boro ), Bergen Co.... 19,000
East Newark (Bor.), Hudson Co 103,000
E.Rutherford (Bor.), Bergen Co 22,904
Ewlng (Twp.), Mercer Co
16,250
Franklin (Twp.), Bergen Co... 75,000
Freehold (Tp), Monmouth Co 15,000
Frelinghuvsen(Tp.), Warren Co 82,003
Garfield Bor.), Bergen Co.... 37,619
Glassboro (Tp.), Gloucester Co. 10,000
Hamilton (Twp.). Meroer Co.. 10,500
Hammonton(l'n), Atlantic Co. 13,000
Hasbr'k Heights (B.).Bere. Co. 35,549
Hawthorne (Bor.), Passaic Co. 19,000
HightBtown (Bor.). Mercer Co.. 20,000
Holly B'ch(Bor.),CapeMayCo. 31,600
Irvington (Town), Essex Co... 41,401
Keyport(Town),Monmc'thCo. 68,000
Lodf (Boro.), Bergen Co
24,000
Matawan(Twp.),Monmo'thCo. 15,000

Maywood

is

<

WM.

DR.

?jos.

situated in Essex Co.

M. BRIEN, Chairman.

Mcdonough,

oierk.

|

. .

Assessed valuation, real. 3,328,025
($5,000 yearly on April 1.)
Ass'd valuation, pers'l. .
306,875 4s, F&A, $15,000.. .Feb.. '10 to '12
Total valuation 1899 ....3,634,900
INTEREST is payable at the Orange National Bank, Orange, N. J.
TAX FREE— All of the West Orange bonds are exempt from taxation.
.

WOODBURY.

<

SAMUEL

H.

LADD, Mayor.

I D. T. MATHERS, Clerk.
This city is in Gloucester County.
When Due. Net debt Ian. 1, 1900.... $57,000
LOANS—
City Bonds—
Assessed val'tion, real ... 1 ,873 ,450
4s, Dec, $5,000
Dec, 1900-'04 Ass'd valuation, pers'l... 420,250
Water Bonds—
Total valuation 1899.... 2,293,700
4s, F&A. $50,000
Feb. 1, 1901 Assessm't 65 to 70 p. 0. aot value.
<$10,000 ev'ry5 yrs.)toFeb.l. 1921 Total tax (per $1,000) '99.. $16-40
48.F&A, $12,000
Feb. 1. 1926 Population in 1890 was
3,911
Total debt Jan. 1, 1900 ...$67,000 Population in 1880 was
2,298
•Sinking fund, eto
10,000 Population 1900 (estimated) 4,000
TAX FREE.— All of the above bonds are exempt from taxation

ADDITIONAL STATEMENTS.
In the table below

we

Bergen Co..

19,000
44,500
21,050
MiUburn (Twp.), Essex Co
42,500
Monmouth Co
243,650
Morris County
400,000
Mt. Arlington (Bor.), Morris Co. 23,500
Neptune (T'wn). Monmouth Co. 28,000
Neptune City (Bor.), Mon. Co. 32.000
Newton (Town), Sussex Co.... 117,000
Northampton (Tp.), Burling. Co. 28,500
No. Bergen (Twp.), Hudson Co. 42,829
No.Plainfleld(B.), Somerset Co. 36,500
Ocean City, Cape May Co
69,793
Or vil (Twp.), Bergen Co
26,065
Palmyra (Tp.), Burlington Co. 35,161
Pompton Lake (B.), Passaic Co. 14,546
Princeton (Bor'gh) Mercer Co. 31,628
Raritan (Town), Somerset Co. 13,786
Ridgewood (Twp.), Bergen Co. 25,000
Rocka way (Boro.), Morris Co.. 25,000
Roselle (Boro.), Union Co
20,500
Salem (Ciiy). 6alem Co
36,500
Salem County
33,207
Sea Isle City (B.), Cape May Co. 41.916
Somerville (T'n), Somerset Co. 18,495
Spri'gLake(Bor.),Monm'thCo 74,000
Union (Twp.), Bergen Co
52,141
Vailsburgh (Boro.), Essex Co. 51,432
Wallington (Bor.), Bergen Co. 39,204
Warren County
20,000
Weehawken School District... 60,000
W.New York (r'n).HudsonCo. 18,500
Wild wood (Bor.), Cape May Co. 15,700
Woo Ibr'ge(Tp.), Middlesex Co. 24,000
Woodstown (Boro.),8alemCo. 39,000
(Boro.),

Merchantville(Bor.),Camd. Co.
Mldl'nd Park (Bor.), Bergen Co.

,

*

Pojpula-

rate -per

Hon in

$1,000.

1890.

$244,425

$19-70

1,069,950
186.000
20,409,036
183,155

1500
3000

161
28,836

27-00
19-80

816,822
1,188,050

19 70

p8i,i70

2500

1,239,558
1,577,613
1,215,695

9-60
13-80

485,100
222,947
37,163,518
6,777,000

3200

678,t>28

2400

338,150

22 70
17-60
29-80

1

1,957
4,232

858

* ~,0

1,462

8-10

2,780,9i3
1,294,200

685,617
963,915

87,687
11,268
1,549
2.136
3,768
1,717

15'80
11-30
14-80
21-80

1,834,200
1,043,744
1,574,616
860,225
4,173,690
624,048
586,885
1,031,620
2,256,898
976,775
837,515

t

1310
1010

3,129
2,307
5,097

11-43

950

879

27-60
17-40

1,028
2,642
4,163
3,833

1100
11-40
19-10
15-70
15-60
37-50
22-50
9-64
21-80

582,850
992,596
205,857
1,834,775
1,344, % 58

355,965
726,701
599,360
698,725
317,825
1,584,450
52,971,772
28,174,366
411,985
2,534,525
635,745
2,767,960
2,274,997
3,826,680
2,549,180
1,776,500
431,800
539.180
307,445
2,790, 116

1,875

217
3,411

998

1556

3,183

13-10
26-50
19-40

1,225

2000
784
1610

2,437
69,128

400

20-17
15-43
21-55
19-20
18-00
14-10

8,333
3,003
5,376
5,715

2200
1900

452

18-20

1,690
1,903
2,153
3,422

2260
2900
17-50
13-40

1,447,930
423,875

918,250
3,737,935
16,240,023
476,412

2760

1,841

2H-20
22-40
12-90
3-40

5,516
25,151

3200

766
3,861

2330
1800

797,050
749,250
904,820
499,520
20,424,175
2,699,000

15-40
20-00
6-40

1700
1510
3000

2,667/00
182,006
2,380,615
1,154,400

786

'

*5,000
*8,000

24-00
12-70

4,665

556

Later estimate of population.

State

Pennsylvania.

of

its

DEBT, KESOtTRCES,

;

When Due. Assessment about *n actual value.
LOANS
Redemption Bonds—
Tax rate (per $1,000) *99... $28-80
4i«8, J&J, $25,000.
.July 1,1916 Population in 1890 was
4,358
Road Bonds
Population in 1900 (est.)
6,700
7s, J&D, $74,000
June 1. 1902
School District Bonds—
Bonded debt Feb.20, 1900.$99,000 4s, g., A&O, $50,000.... 1913-1922

give statements regarding all minor civil divi-

sions in the btate of New Jersey whloh have reported an indebtedness
or over $10,000, and which are not represented among the foregoing
return8, We add ln eaoh oaae the Population from the Census
of 18 >0
|(

Tax
Assessed
Valuuliou.

Total
Debt.

;

WEST
ORANGE.town
This

65

fEWNSYtVAWIA— DEBT Of STATE.

April, 1900.

Etc.

...
-------

Admitted as a State

-

One

-

of Original Thirteen

Total area of State (square miles)
State Capital

Governor (term expires 3d Tues. Jan,,

1903)

-

-

45,215

Harrisburg
Wm. A. Stone

....

Secretary of State* (term expires Jan. 1903) W. W. Griest
Treasurer (May 1, 1900)
James S. Beacom
Treasurer (after May 1, 1900)
James E. Barnett
Legislature meets biennially in odd years on the first Tues
day in January, and there is no limit to the length of the
sessions.
*

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, pa$«
63 and 64. The details of the debt as it now exists are subjoined.

LOANS—

Interest.

«

NAME AND PURPOSE.

—

Proceeds of farm
Unfunded debt

sale,

When Due.

F&A
F&A
A

1887...

6

Has

Quar.
ceased.

Principal,
OutstanoTf.

,

P.Ct. Payable.
Agricultural College b'ds, '72.r 6
Funding loan, 1881
r 4
do
1881
r 313 F &

1922 $500,00»
1912 4,521,250
1912 1.642.90*
H
1t
17 '°°°
xr\;a° lfry * \
Past due.
134,149
Feb.
Feb.
Feb.

|

1,
1,
1,

PAR VALUE OF BONDS.— These bonds are in pieces
and multiples

.

of $50,

$100

of $100.

INTEREST on the Agricultural College loan is payable at the State
Treasurer's office in Harrisburg; on all other bonds at Farmers'
Meohanios' Bank in Philadelphia.

66

ST>*T$:

TOTAL DEBT,

ANB

CITY SUf FtEMEflT,

ETC.—The subjoined statement shows Pennsylva-

Net debt

Dec. 1. 1S99.

Dec. 1, 1898.

Dec. 1. 1897.

S6.S15.299
5,750,088

$6,815,299
5,739,317

$6,815,305
5,540,638

$1,065,211

$1,025,982

$1,274,667
134,155

Unfunded debt inclM above).
134.149
134,149
Amount of debt redeemed
6
The sinking fund on December 1,1899, held the following
i

securities

ness.

:

Allegheny Valley Railroad bonds. $1,000,000; interest on same,
$20,833: United States 4 per cent consols, at 112, $2,775,000, and
total. $5,730,088.
cash, $1,954,253
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
:

Section 10. Any county, township, school district or other municipality incurring any indebtedness shall, at or bef >re the time of so
doing, provide tor the collection of an annual tax sufficient to pay the
interest, and also the principal thereof within thirty years.

—

(3) Townships and School Districts.
In the various 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 to
create bonded indebtedness, but simply to make a temporary loan for
necessary expenses, which must be provided for by an assessment of
township tax rate, known as road tax.

sufficient

ceased.

ASSESSED VALUATION
,

Team.
1899
1898
1897
1896
1895
1894
1892
1S88

Real.

has been as follows
Assessed Valuation.
Personal.

.

Total.

$S59,S79,331
$3,588,142,667
$2,728,163,336
846.751.853
3,431,951,565
2,685,199,712
3,357.702.777
826,134,137
2,531,568,640
831,026,331
3,330,688,326
2.499,661.995
770.049,820
3,241,068,024
2,471,018,204
653,341,105
3,047,573,853
2^389,232,748
591.007,558
2,899.774,989
2,308,767,431
1,840.433,540
The above does not include valuation of railroad property.

DEBT LIMITATION— In Pennsylvania the limit to the indebtedness
of the State,

LXX

part thereof, of any city, county, borough or township, unless such
debt shall have been contracted to enable the State to repeal invasion,
suppress domestic insurrection, defend itself in time of war, or to
assist the State in the discharge of any portion of its present indebted-

fund held by the State against the
same, and the State's unfunded debt, on the dates indicated.

nia's total public debt, the sinking

Totalpubllc debt
Sinkinir funds

Vol.

and

to the indebtedness of the cities

and minor

civil

organizations in the State, is fixed by the State Constitution.
indebtedness.— With regard to the State, the regulations
1. State
controlling and governing debt creation, payment. Ac, 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. >"o 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 any one time, one million of dollars.
Section 5. All laws authorizing the borrowing of money by, and on
Dehalf 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 speci-

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 be 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.
Section 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 purposenot 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; hut 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 public
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 arrangements the accumulations in the sinking fund will at that time
pay the total State indebtedness.
and Municipal Indebtedness.— U/uder 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 being 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.
Sections. 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
;

POPULATION OF STATE.—The population of Pennsylvania has
been reported as follows in the years named1890
5.258,014 1S60
2.906,215 1830
1,348,233
18S0
4.282,891 1850
2,311.786 1S20
1,047,507
1870
3,521,951 1840
1,724,033 1810
810,091
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
this association bore was the " Philadelphia Savings Fund
Society," and it still exists, bearing the same name. Originally the

name

bank was not incorporated, but was a voluntary organization, sucb
Great Britain being at that time of a like character. Thedate of the organization was November 27, 1S16, and the bank wasopened 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 Statefroin 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 desirefor savings banks on the part of the people of that common
wealth.
That such institutions were sought and needed is
sufficiently evident from the fact that nine of the ten companies referred to above reported in 1S90 that they held $63,957,341 of
deposits. In 1889 a general law, facilitating the incorporation of savings 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 on Xov. 29, 1S99. being 16, with deposits aggregating
$99,261,413.
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 any county, city, borough, township or school district within this commonwealth, or any other good
societies in

#

and

ralid 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 faciliThat
tating the organization of savings institutions was passed.
law of 1889 is' indeed well adapted not only for facilitating, but forstimulating, the growth of the system.
Its influence in the latterdirection 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 ef 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
anv 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
citv 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 bondsand 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 the excess of current daily
receipts over the payments until such time as the same can be judioiously invested in the securities named above.

We

Counties and Towns

Cities.

each.

Bonded

STATE OF PENNSYLVANIA.

Note. For debt of counties not mentioned below see
Statements " at the end of this State.

ABINGTON.
58<MiN

May

$15,000

Class A,

$7,200

5b,

1,

1898

1,

1903

May

1,

1908

4^8, Class E, $8,000.af t. May, '95
4^8, Class F, 18,000.aft. May, '00
4^8, Class G, 20,000
Total debt Mar. 29, 1899.$109,100
Tax valuation 1898
4,187,900
Population in 1890 was
2,703

Now subject to call

Class B, $10,100
Subject to call after Mav
5b,
Class C, $18,000.
Subject to call after May

in

Loan of 1894

Loan of 1893—

88,

is

Class D, $35,000
Subject to call after

Subject to call at any time.
"*

Additional

5s,

1903

1,

1

Montgomery County.
LOANS of 1893— (Con.)—

This township

When Due.
LOANS—
Improvement Bonds—

INTEREST is payable at the National Bank of Jenkintown, Pa.
TAX FREE.—The loan of 1893-94 are exempt from State taxes.

AT

r trr"" T-JTTTvT
-tt.J-.l-.Ji.Lxrl.tL.lN

Allegheny

VI

situated in the county of the same name.
Interest.
-Principal.
Rate. Payable.
When Due. Oulstand'g.
PURPOSE.
is

—

LOANS-

NAME AND

park bonds
do
do

& J
A & O
A & O
A & o
J & J
J & J
A &o
J & J

1886 4
1890 4

"City

J

'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

Sewer Bonds:—

1883 4^
1880 4>2
,1881 4
1881 4
1881 4
1882 4
1883 4
1883 4
1884 4
1887 4g
1893 4
1894 4
1894 4
1895 4

Renewal
Refunding renewal
Renewal
do
Refunding renewal

Renewal
do
Refunding renewal

Renewal
Sewerage bonds
Sewer
A

B
C

do
do
do

J

M
J

J

M
J
J

M

J
J

A

A

&
& N
& 3
& 3
& N
& 3
& 3
& N
& J
&
& ()
&
.1

.)

J

.1

3

.1

July

1,
1,
1,

April
April
Oct.

1,
1,
1,
1,
1,

July
July
Apr.
Jan.

1906
1910
1921
1923
1924
1906
1911
1910

$15,000
25,000
160,000
14,000
86,000
13,000
150,000
117,000

1, 1903
Nov. 1, 1900
Jan. 1, 1901
July 1, 1901
Nov. 1, 1901
July 1, 1902
July 1, 1903
Nov. 1, 1903
Jan. 1, 1904
July 1, 1917
Oct. 1, 1923
Apr. 1, 1924
July 1, 1924
July 1, 1900-'20

Jan.

8,000
20,000
18,500
62,000
8,000
20,000
50,000
7,000
75,000
50,000
55,000
100,000
145,000
165,000

($33,000 every five vears.)

do

1895 4
Street Improvement Bonds :MoClure Ave. renewal, ..1880 4*2
do
do
..1881 4
do
do
..1883 4
do
do
..1884 4
California Avenue
1891 4
do
do
1899 4
Charles Street renewal, ..1880
do
do
..1881
do
do
..1884

Highway improvement. 1895
.

Clifton Ave. bonds
Street improvement

1899
1895

Ley Street
1897
"Street Improvement
1891
do
do A. ...1893
do
do
B....1894
do
do
C....1894
do

do.

do

do

J

&

J &
J &
J &
J •&

A &

July

1,

1925

J July
J July
J July
J July
O Apr.

1,
1,
1,
1,
1,

1900
1901
1903
1904

J

13,000
13,000
13.000
13,000
1911
23,000
1904
44.H2S
1900
18,000
1901
18,000
1904
13,000
1900-25 300,000

($50,000 every five years.)
J & J Jan. 1, 1902
A & O Apr. 1, 1911

4
4
4
4
4

.1897

4

1895

4

A & O
A & O
J

&

Oct. 1, 1923

Apr.
July

J

1,
1,

1924
1924

6,000
300,000
1,000
75,000
200,000
200,000
200,000

1902 1927, )
$66,000 every V 400,000
five yr ars.

)

19001925

400,000

($66,000 every five years.)
•Water bonds

1883

do
do
do
do
do
do
do
do

.1886

July
July
Apr.
July

1884
1887
1889
(renewal)... 1893
(renewal)... 1890

Jan.

.1895

do

.1895

1903
1906
1914
1917
1919
1923
1910
1912

July
July
July
Junel, 1900-25
($100,000 every five years.)
Subject to call Junel, 1913.

(renewal)

do

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

4

do

.1895

4

do

.1896

4

& D June 1, 1900-'20
($108,000 everv fifth voar.)
J & D June 1, 1925
J

(Dec. 1,'01-'16)

J

& D ^ $66,000every £
five years.

(

do
1

4

&

Wharf renewal

bonds,". 1887..

4

& J

July

1,

1907

64,000
20,000
132,000
100,000
175,000
150,000
100,000
100,000
600,000

264,000
136,000

28,000

TOTAL DEBT, SINKING FUNDS, Etc-

Net debt
Water debt

$5,968,763 $6,022,558 $5,949,295 $5,655,295
1,472,309 1,211,970
989,797
862,146

$4,496,454 $4,810,588 $4,959,498 $4,793,149
above) .$2,491,000 $2,491,000 $2,491,000 $2,531,000
TAX5FREE.— All bonds of this oity are exempt from taxation.
CITY PROPERTY.—The estimated value of all the city's property
,
J8 $8,000,000, including water property valued at
$3,439,333.
^ASSESSED VALUATION— The city's assessed valuation and tax
9 below:
(Actual valuation 1896, $85,000,000.)
TO MTotal Assessed Git)/ Tax
Total Assessed Oily Tax
Tears.
Valuation.
per Jf. Tears.
Valuation.
peril.
1899
$81,601,300
$3-00 1896
79,843,625
189S
80,861,875
15-00 11895
74,500,000
930
1897
80,604,975
13'77
1890
50,299,550
-POPULATION—In 1890 population was 105,287; in 1880 it was
73,08.2; in 18<0 it was 53,180. The population for 1897 (est.) isl25,00O.
I

I

I

Sec.

School Districts— Geo. W. Cerwig,

Board

Ward.
Ward.
Ward.

Ward.

.

.
.

.

'.(^,500

24,500
38,000
9,600

f 0,000

34,643

UTTMV

)

$50,000
1 1 2,000
116,000
51,000
55,000
4,000

.$21,000
92,200

Total. ...$1

19,000 $2,122,918

McCLURE,
— JTHOS.
MV.E.THOMPSON.Comptroller
Treas.

G.

Bond.debt Aug.10,'99. $3,389,876
183
Floating debt
3,390,059
5s, J&J, $1,200,375... Jan. 1,1940 Total debt
24,988
Subject to call after Jan. 1, 1913 Sinking fund assets...
Net debt Aug. 10, 1899 3,365.071
Court House Bonds— (Reg.)
4s,
J&J, $300,000. ...Jan 1, 1908 Tax valuation, real ..473,186,175
3^8, A&O, 497,500... Oct. 1,1906 Tax valuation, pers'n'l 45,593,000
Insane asylum Bonds
Total valuation 1899-518,779,175
3i«8, J&J, $250,000.. July 1, 1908 Assessment about * 5 actual value.
State & Co. tax (per M). '99 .$6-75
Riot Bonds—
551,959
4s, J&J, $1,113,500. ..Jan. 1,1906 Population in 1890 was
Subject to

call.

PAR VALUE.— Bonds are for $500, $1,000 and $10,000.
INTEREST on the compromise bonds Is payable at the Commercia
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
all other bonds by the County Treasurer only.
TAX EXEMPT.—Of the compromise bonds, $1,054,000 are tax free

ATT T7MTOAA/M
1UW1N. —

ALwL-.ii.lN

*

)

JAMES L. SCHAADT, Mayor.
A. L. REICHENBACH. Treas

the county seat of Lehigh County
When Due. Interest payableby City Treasurer
Bonded debt Feb. ,1900. $272,300
City Bonds—
60,000
Jan. 1,1901 Water debt (additional)
4s, A&O, $8,500
27,948
Jan. 1, 1902 Sinking fund assets
4s, J&J, 30,800
304,352
Jan. 1, 1903 Net debt Feb. 1,1900...
4s,J&J, 35,200
20,500,000
Jan. 1, 1904 Tax valuation, real
4s, J&J, 57,900
200,000
Jan. 1,1907 Tax valuation, personal
4s, J&J, 3\400
Aug. 1,1926 Total valuation 1899... 20,700,000
4s, F&A, 30,000
3
Jan. 1,1927 Assessment about 5 actual value.
4s, J&J, 46,500
Aug. 1, 1927 City tax prop, (per M.) '99.. $3 79
48.F&A, 28,000
550
(Subject to call) after Aug. 1, 1902 Schooltax (per $1,000) '99..

Alleutown

is

LOANS—

25,228
Population in 1890 was
$60,000. ..Oct. 1,1929 Population in 1900 (est.)....40,0C
FREE.—All bonds issued by this city are exemptfrom taxation

Refunding Water Bonds—

A&O,

TAX

ALTOONA.County.
This city

is

in Blair

LOANS—

When Due. Sinking fund
Net debt Mar.
Improvement Bonds—
4s,
4s,

1,

$52,000
857,000
479,000

1899..

J&J, $150,000 .... 1901 to 1906 Water debt (included)
1925 Tax valuation, real, '98.15,962.305
J&J, 280,000, g
.

Subject to call after 1905.

Water Bonds—

.

Personal property not assessed.
Assessment about 23 actual value.
Total tax (per $1,000) '99.. $1850
30,337
Population in 1890 was.
Population in 1899 (est.).. 42,000
from the city directory, was 33,756.

.1901 to 1906
J&J, $259,000
J&J, 220,000, g.. 1904 to 1924
Total debt Mar. 1, 1899. $909,000
The population in 1893, as taken
TAX FREE.—The bonds of this city are exempt from taxation.
NTEREST on the bonds due from 1901 to 1906 is paid by Townsend
Whelen & Co., Philadelphia, Pa.; on others at the City Treasurer's office
CITY PROPERTY.—The estimated value of real estate and personal property owned by the city Aug. 1, 1898, was $1,150,000.
4s,
4s,

.

. .

. . .

I

of 1886
of 1888
of 1894

$19,000
14,500
37,000
Refunding bonds of 1900. 80,500

AC ut A -NTT^
Aorl.L-.A.iNIJ.
This borough

is

—

5
l

—

J. E. Wallace, Sec'y.
Total debt Jan. 1, 1900 $181,000
Interest payable in Altoona.
Tax valuation 1899... $15,922. 145
$600
School tax (per M.) 1899
43,000
Population 1900 (est.)

Altoona School District
Bonds
Bonds
Bonds

JOHN A. STIEF, Burgess.
GEORGE F. RENTZ, Town Clerk.

in Schuylkill County.

LOANS—

When Due.

Fnt.pavable in Ashland.

Bonded debt Feb. 1.1900. $67,700
1,202,695
1913 Tax valuation 1898

Jan. 3,
Jan. 3, $26,000.
(Subject to call after 1903.)
.

. .

26*00
Total tax (per $1,000)'99
7,346
Population in 1890 was
7,500
Population in 1900 (est.).
The borough owns its water works, valued (1896) at $97,953, and
other property to the value of $21,625.
STATE TAX FREE.— Bonds are free from State tax.

Andrew M.
AVALON.—
borough
Allegheny

Keeker, Ch.Fin. Com.

County.
$7,500
Floating debt
LOANSt-8,000 Sinking fund assets
8,109
Street bonds of 1890
'99.$1,
440,465
valuation
do
12,000 Assessed
do
1891
do
1893
10,000 Assess't about 65% of actual value.
do
$1865
Sewer bonds of 1898
26,000 Total tax (per M.) 1<99
3,000
Mortgage on hall
200 Population 1899 (est.)
Bonded debt Feb. 1, 1900... 56,200
This

is

in

.

28. 1900. Fe6.28,'99. Feb 28, *98. Feb. 28,'97-

(incl.

Allegheny

Ward

Water Bonds—
110,000 4s, A&O, $41,700.. ..Sept. 1,1916

i* payable at the office of T. Whelen & Co., Philadelphia and in Allegheny, and ohecks will be mailed to holders of bonds
when requested.

81nking funds

45,000
115.000
4 0,000
6,000

Ward.

Compromise Bonds—

4s,

540,000

^INTEREST

4BFe&.
„
Total bonded debt

None

Common Bonds—

)

(Dec. l,'21-'26>
I>] $68,000 every >
)
( five years.

.1896

TlfflW

202,000
329,000

9th
10th
11th
12th
13th
14th

Val. of
Property.

Debt.

Districts.

ii.

T?r
Urrll^lN Y r^r^
/\.J_,l_Il
LvLJ.
Pittsburg is the county seat.
When Due.
LOANS—

3*28,

35,000

& J Jan. I,
4 4s
& J July 1,
4
& J July 1,
4
J. & J July 1,
4
J & J July 1,
($50,000 every five years.)
4
J & J Jan. 1, 1904
4
J & J July 1, 1900-25
J
J
J

ATT

i

None

Ward
2d Ward
3d Ward
4th Ward
5th Ward
61h Ward
7th Ward
8th Ward
let

Ponded

Val. of

Proper
$170,000
70,000
426,275
375,000
160,000
169,000
250,000

Drill.
Districts.
Boanlof Cont'l. $34,000

—

JAMES G WYMAN, Mayor.
\ JAMES BROWN, Comptroller.
J

.

give below the bonded indebtedness of the various school disAllegheny, together with the value of school property for

trlota of

THE

IN

—

67

f £NflSYtY*NIA— CITIES /WD TOWNS.

April, 1900,

of School Comptrollers.

BEAVER FALLS.—

J. E. McClure, Sec'y.
Beaver County
When Due. 4s, J.vJ. $6.000. Jly 1,1900 to 1905
LOANS—
General Improvem't Bonds—
Interest payable In Heaver Kails.
6s, J&D, $4,250
1903 & 1906 Total debt Mar. 1. 1900.. 9109,939
4,274.650
Subject to call.
Tax valuation 1000
$20-00
Is. MAS, $20,600
1901 to 1909 Tax rate (per Ii.) 1899
actual value.
Street Improvement Bonds—
iL&seroment about
5s, Oct., $3,500 Oct., 1900 to 1906 Population in 1899 .est.)... 12.000
9,735
5s, Sept.. 44. OOO.Sept. 1900 to 1921
Population in 1890 was
5s, June, 11,500. June, 1900 to '22
This borough

is

in

--.<

—

BELLEFONTE. —This borough
LOANS—

When Due.

Refunding Bonds—
3>38, $100,000
Interest pavablo in Philadelphia.

Bonded debt

Sept. 24, '98 $100,000

is

in Centre County.

$10,000
Floating debt
Total debt Sept. 24, 1S98. 110,000
Total valuation 1898. ...1,536,575
Total tax (per tl,000)*97
2700
Population in 1890 was
3.946

68

STATE MID CITY SUf fiEWEWT.

BELLEVUE.-J.
This borough
6s

M. Simeral,

in Allegheny County.

is

LOANS-

5s,
4ks8,
4138,

Bonded debt Jan 1900,. $123,500
Assessed valuation 1899.2,650,000
Assessment about 50% act'l value
Tax rate (per $1,000) '99.. $15-50
Population in 1890 was
1,418
Population 1900 (estimated). 4,500

,$6,500
13,000
20,000
,36,000

,

,

...

Sewer Bonds—
$48.000....1907tol924
(Due $1,000 yearly to 1W20; $8,000
'21-'23, and $10,000 in 1924i.
4s, J&D, $40,000.. Dec. 1925 to '28
4b,

BETHLEHEM.—
H. A. Groman,
borough
Northampton County.
This

is

Secretary.

in

Bond, debt Jan.18, 1900.. $218,500 Tax rate (per $1,000) 1899. .$14-40
All 4% borough bonds.
Population in 1890 was
6,762
Assessed valuation '99.$3,752,141 Population in 1899 was
9,000

BLAIR

CO.

County seat

is

I

!

M. H.

W.

S.

FAGLEY, Pres. Board Commissioners
HOSTLER, Clerk.

Hollidaysburgh.

LOANS-

County Bonds—

When Due. Bond, debt Sept.l, 1899 $157,000
Tax valuation 1899.... 31,349,037
1,

1918

123,000
Interest payable at Co. Treas.

office

3-65s,
4s,

J&J, $34,000... Jan.
,

County tax (per $1,000) '99. $5-00
Population in 1890 was
70,860
Population in 1880 was
52,746

BLOOMSBURG.Frank A. Ikeler, Mayor
town
Columbia
This

is

County.

in

When Due. Tax valuation 1897
$2,329,814
LOANS—
City Hall and Sewer Bonds— Assessment about ^ actual value.
4^s&5s, F&A, $37,500
$9-00
Aug. 1, Town tax (per $1,000)
1896 to 1912 Population in 1897 (est.)
7,000
4s,
$15,000. ...Aug. 1, 1917 Population in 1890 was
4,635
Interest at office of Town Treas.
Population in 1880 was
3,702
Total debt Aug. 1, 1897. ...$60,000

BRADDOCK.Geo.
borough
Allegheny
This

is

A. Todd, City Treasurer.

LOANS-

When Due.

Bonds—

$79,000 5s, J&J. $38,500
Jan. 1. 1904
98,000 Total debt Jan. 1, 1900.. $343, 500
Sewer, 4-8s, M&N
38,500 Tax valuation 1899
5,500,000
Refund, street, 4*28, J&J..
9,500 Assessment about \ actual value.
Impt. bonds, i^a, A&O... 8,000 Population in 1890 was
8,561
Population in 1900 iet>t.)... 20,000

BRADFORD. —

This city is in McKean County.
When Due. Tax valuation 189«
LOANS—
$1,130,000
Building Bonds
Assessment is about 23 actual value
6s, M&N, $5,000
1900-1904 Total tax rate (per M.) '99. .$40-25
($1,000 due yearly on May 1.)
Population in 1890 was
10,514
4s,
$30,000
1906-1926 Population in 1899 (est.) . .20,000
($10,000 due every 10 years.)
School DistrictBonds—
Water Works Bonds—
6s, J&J, $60,700
Part yearly
6s, J&D, 25,000
Dec. 1, 1903 Tot. sch. debt Mar.20,'98
21,200
Bonded debt Mar. 1, 1900. $60,000
TAX 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.

—

.

City

1901
1903
1904
1905
1907
1908
1909
1914
1917
1918
1926

$58,500
20,000
70,000
48.SA, 21,500
4s, S-A, 50,000
4s, S-A, 10,000
4a, S-A, 26,000
4s, S-A, 30,000
4s, S-A, 10,000
4s, S-A,
7,000
4g, M&S, 80,000 g
Optional after 1906.
4s, S-A,
4s, 8-A,
4s, S-A,

CHESTER
CO.— H.
The county
West
seat

Bonds— (Con.)

$25,000... July 1,1927
(Subject to call after 1906.)

4s,

,

Jan. 1,1929
(Subject to call after 1909.)

J&J, $80,000

4s,

Refunding Bonds —

1929
.,$176,000
Bonded debt J an. 1,1900. $664,000

3»<>s,

.

29,019
634,981
Tax valuation 1899. .. .14,807,852
Total tax (per $1,000) 1899. $19*50
Population in 1890 was.... 20,226
Population in 1900 test.)... 35,000
Sinking fund
Net debt Jan. 1,1900..

Smith Worth, Treasurer

Chester.

is

When Due. Tax valuation 1900... $52,464,708
LOANS—
State & Co. tax (perM.i 1898.$650
County Certificates—
Population in 1890 was
4s, A&O, $77,000
89,377
Total debt March 1, 1899. $77,000

CLINTON
CO.—John Koble,
County
Lock Haven.
seat

Treasurer

is

When Due. Total valuation 1899. ..$6,684,309'
LOANS—
Tax rate (per $1,000) 1899
Refunding Bonds—
$11-00
3*28, J&D, $49,000... June 1, 1919
(State and County.)
Population in 1 899
Population in 1890

Total debt Jan. 1, liOO.. $159,000
Assessed valuation, real.6,089,7x8
Assessed valuation, per.. 594,519

COATESVILLE.—
Chester County.
This borough

29.000
28,685

A. P. Thompson, B'rgess.
4s,

1911
1901

J&J, $76,980

Subject to call after

Bonded debt Mar

4*28, J&J, $15,800. Within 23 years

Water Bonds—

Jan.

J&J, $23,000

1,
1,

J&J, $2,500

1927
1898
1926

1926

J&J,$9,900

(Subject to call after 1906.)

Repaving Streets—

4s,

. .

Funding Bonds—

When Due.
LO A N S—
Refunding Bonds—
4s,

(est.)

in

is

(Subject to call) after July

Water Bonds—

Street impt., 4-9s, J&D
Reservoir, 4^s, MAS

City

4s,

County.

in

LOANS—

Sec. of Council

LXX

Vol.

I

|

7.

1898 $128,180

Total valuation 1898.... 2,165,364
Assessment is % actual value.
Total tax (per $1,000) '95... $14-50Population in 1890 was
3,680'
Population 1806 (estimated) .4,500

1

TAX FREE.—All bonds issued by this borough are tax exempt.
NTEREST 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
I

the Boro' Treasurer's

office.

WATER WORKS.—The borough owns its water works
s'

;

cost of con-

ruction, $60,000.

A. G. Bealtie,
COLUMBIA.—
Lancaster County.
Columbia
is

When Due. Total debt Apr. 1, 1899. $170,00<V
Tax valuation 1898
3,027,225

LOANS—

I

Refunding Bonds—

|

A&O,

$158,900.. Apr. 1, 1929
(Subject to call after Apr. 1, 1909.)

3^s,

Burgess.

in

Funding Bonds—

1

I

|

A&O,

Assessment nearly ^ actual value.
Total tax (per $1,000)
$1450
Population in 1890 was
10,599-

$11,100. ..Apr. 1, 1929 Population in 1899 (est.)...14,00O
(Subject to call after Apr. 1, 1909.)
OPTIONAL —Bonds are subject to caU 5 years from date of Issue.
INTEREST is payable at the Centra. National Bank.

3>« s.

I

|

;

nrvDDV
BRADFORD
CO.— Finley H. Hubbard, Treas O^Jrt-rt —
Towanda

R. P. DAWSON, Mayor.
Jo. S. WILSON, Comptroller.
This city is in Erie County.
When Due. Assessment about 23 actual value..
LOANS
Refunding Bonds
Total tax (per $1,000)
$34-00
May 1, '29 Population 1898 (local au4s, M&N, $100,300
(Subject to call after May 1,1904.)
thority)
7,000
Bonded debt Apr. 1, '99. $100,300 Population in 1890 was
5,677
Tax valuation 1898
1,724,286 Population in 1880 was
5,277

I

is

LOANS—

the county seat.
When Due.

Court House Bonds—
4s,
4s,

J&J, $50,000
J&J, 100,000

Jan. 1, 1902
Jan. 1, 1907
1900. $150,000

Bond. debtJFeb. 1,
Assessed val'ation,real.20,150,820

CARLISLE.—Thomas

Assessed val'ation,per'l$l, 164,054
Total valuation 1899.. .21,314,874
County tax (per M) 1*99
$3-50
Population in 1890 was
59,233
Population in 1900 (est.).. .75,000

General Purposes—

When Due

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
4s,
J&J, 25,000.... Jan. 1,1909
4s,
J&J, 20,000. . ..July 1, 1909
4s,
J&J,
5,500.... July 1, 1911
J&J, 15,000.... July 1, 1913
48,
Int. paid by Carlisle Deposit Bank.

I

I

I

|

|

CRAWFORD

E. Vale, Burgess.

Carlisle is in Cumberland County. The borough owned in 1900 gas,
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
property, total assets being $105,920,

LOANS—

5

.

Bonded debt Mar.

1

,

1900 $95,700

Sinking fund
3,101
Net debt Mar. 1, 1900.
92,599
Floating debt (addit'nal)
10,240
Total valuation 1899 . .5,005,033
Assessment is 23 actual value.
Total tax (per ($1,000)
$13-50
Population in 1890 was
7,620
Population in 1900 (est.)... 11,000
.

.

.

County seat

is

CO.—Elbert

When Due.

LOANS-

Optional.
$99,000
Interest payable in Meadville.
4s, Dec. 31,

Bonded debt Aug.l0,1899.$99.000
Bonds are exempt from taxation
of its actual value.

DANVILLE.
This borough

is

Harry Ellenbogen,

LOANS—

Water Bonds—
4s, J&J, $91,700
Borough Bonds—
4s, M&N, $13,700.

Atcall

. .Nov. 1, 1912
Subject to call at any time.
Interest payable in DanviUe.

CARNEGIE.—
This borough, which is in Allegheny County, was formed in 1894 by
the consolidation of the boroughs of Chartiers and Mansfield.
When Due.
LOANS—
Improvement Bonds 4^8—
School Bonds—
$75,000
19061928
4*28, $40,000
1918 to 1928 Bonded debt Mar. 1, '98. $60,300
4s, 40,000
1929 Floating debt
5,765
Chartiers Borough Bonds—
Total debt Mar. 1, 1898.
66,065
$16,500
1900-1910 Assessed valuation '98.-3,500,000
Mansfield Borough Bonds—
Assessment about 23 actual value.
$15,500
1899-1910 Tax rate (per $1,000) 1898.$14-00
Carnegie B nds—
Population in 1898 (est.)... 10,000

TAX

1911-1921

CHAMBERSBURG— E.
This borough

is

LOANS—

J.

Black, Treasurer.

When Due. Assessment

is 23

actual value.

County tax (per $1,000) 1899.$4-00

3-8s, J&J, $107,000.. July 1, 1929 Bond tax (per $1,000)
($10,000 subject to call after 1900 Borough tax (per $1,000)
and the remaining bonds after '09) School tax (per $1,000)
Total debt Jan. 1 1 900.. $107,000 Population in 1890 was
Total valuation 1898
2,373,908
,

PT-rrrcTP'l?
V-'XT.J-L.O
J^J^--»•

Chester

is

(WM.

OGLESBY, Comptroller.
\ FRANK W. HARRISON, Clerk.
J.

situated in Delaware County.

4-00

500
600
7,863

Floating debt (additional)
4,500
Total valuation 1898
845,768
Assessment about *o actual value.
Total tax (per M) 1898
$47-00
Population in 1890 was
7,998

Population in 1896

0.

(est.)

8.500

Knisely, Treasurer

seat is Harrisburg.

Amount. Tax valuation 1899.... $51, 543,653LOANS Bonded debt Feb,l,1900.$252,000 St. &Co. tax (per M) 1899...$8-0O
Floating debt
35,000 Population in 1890 was
96,977
Total debt Feb. 1, 1900
287,000 Population in 1900 (est.). .120,000
.

DELAWARE

CO. — County seat

DU

BOIS. — This borough

5
I

Assessment about 23 actual value.
Population in 1890 was ....74,683
Population in 1880 was
56,101
Clearfield County.
Assessed valuat'n '98.. $2,276,621
Assessment about •* actual value.

is in

30, *99.$114,800

Floating debt
60,738
Total debt Jan. 30, 1899. 175,538
» 4,353
Sinking fund assets
Netdebt Jan. 30, 1899... 111,185

EASTON.

Media.
. .

A&O, $400,000.. Oct. 6, 1906
Subject 10 call after 1900.
Interest payable in Media.

Bonded debt Jan.

is

When Due. Bonded debt Sept.,'98
$400,000
Tax valuation in 1898.-49,505,845

LOANS—

3*flS,

the capital of Franklin County.

Refunding Bonds—

DAUPHIN
CO.—A.
County

War Debt—
tax.

Treasurer.

Montour County.
When Due. Bonded debt Jan. 1, 1900. $99,300

in

.

EXEMPT—Bonds are free of

Floating debt
$38,000
Total debt Aug. 1, 1899
137,000
Tax valuation 1898. ...20,828,797
County tax (p. $1,000) .1899 $6-00
Population in 1890 was
65.324
Property is assessed at about *2.

County Bonds

.

OPTION AL.—AH bonds are subject to call on 60 days' notice.
TAX FREE.—The bonds are all exempt from taxation.

$22,000

Smith, Treasurer

Meadville.

Tax

rate (per $1,000) '98...$31-60
Population in 1890 was
6,149'
Population in 1899 (est.)... 10,000

DR. B. RUSHFIELD, Mayor.

JAMES

R.

BUTZ,

Treasurer.

Easton is situated in Northampton County.
annexed.

South Easton has beenr

When Due. School DiB.d'btJan.l900.$l 83,000
Tax valuation 1899.... 14,500,000

LOANS-

Citt

Loan—

Assessment

$212,700. y'rly to 1925
120,200. Apr. 1, 1928
Interest payable by City Treasurer.
Total debt Aug. 1, '99.. $375,000
5,000
Sinking fund
370,000
Net debt Aug. 1, 1899..

4s, semi-an.,
3>«8.

Tax

A&O,

is 3t actual value.
$1910
rate (per M.). '99

14,481
Population 1890 was
11,924
Population 1880 was
Population in 1899 (est.)... 25,000

TAX FREE.— All bonds of this city a re exempt from taxation.
CITY PROPERTV-The city owns its electric-light plant.
rr

t=> t

-c

tl.ti.ltl..

This city

—
is

5

W. W. GINGRICH. Comptrolle

$t. HANLON, City Clerk.
situated in the county of the

same name.

—

,

M

$1,000 and $500.

PAR VALUE OF BONDS.— Bonds are for
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.—

Sept. 1, 1899. Sept. 1, 1898.
$806,500
$806,500
Total bonded debt
$80^,500
517,012
517,012
517,012
Water debt (included above)
The city has no floating debt.
The sinking fund receives yearly a certain sum from the tax levy, not
exceeding 3 mills and not less than M of a mill on a dollar; on Feb.
1, 1900, the fund amounted to $166,918 30.

Feb.

1

,

1900.

. . .

CITY PROPERTY.— The city owns real estate and personal property amounting to $2,873,073 as follows:
Fire property
$100,700
$118,749 Other real estate
Water property
City Hall
School property

1,622,412
149,662

Total

$2,873,073

881,550

ASSESSED VALUATION.— The city's assessed valuation (about
two-thirds of the cash value) and tax rate have been as follows
Total Assessed Total of Tax
Total Assessed Total of Tax
Tears.
Valuation
Valuation,
per $1,000. Years.
per $1,000
$2400
2400

$19,297,624
19,158,588
17,949,389
17,602,361

1895
1894
1890
1880

24-50

2450

$24-75
24-00

$17,424,774
16,184,312
14,214,195
11,518,904

2650
23-00

POPULATION.—In

27,737; in 1870

it

1890 population was 40.634; in 1880
was 19,646; in 1899 estimated at 58,000.

it

was

—

M&N,

1900-1902
$22,500.
($10,000 yearly on Nov. 1, 1900

Bonds are free from

When Due.
$600.. .•Oct. 1, 1901
75,000 ...Jan. 1,1906
12,000.. ..June 1, 1908

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

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

A&

),

70,000.
85,000..
25,- 00.
57,500.
63,000..

Bonded debt Jan.l,1900..$43<M00
13,000
Floating debt...
Total debt Jan. 1, 1900.. 452,100
Mnkinjf fund assets
20,921
Net debt Jan. 1, 1900.... 431,179
Ass'd valuation, real ..24,24 1 ,690
Ass'd valuation, pers'l. 2,961,075
Total valuation 1899.. 27,202,765
Assessment about actual value.
School tax (per $1,000),'99.. $6-00

1922

.tOct. 1,

4O0t.
t

April

..Oct.

.Jan.

($5,000 ann'ly in Oct. except 1902
when $10,000 will mature.)

and 1901 and $2,500 in 1&02.) 4s, J&J, $10,000 .. June 1900'09
1901-1908 Bonded debt Feb 1, 1900.$125,500
4s, A&O,$34,000
($4,000 yearly in Apr. to 1907 and School tax (per M.) '99
$800
(For valuation, population, &c,
$6,000 in 1908 J
see city of Erie.)

1. 1!*14
1, 1916
1, 1916
1, 1917

-

Xjr\T
T TnAVQRTTRr,
X Ot5 U i-tt-r.
HOL-.L-llJ

A

This borough

is

(

JOHN T. AKERS,

\

w.

L.

is

When Due

LOANS—

When Due.

Court House Bonds—

I

|

M&N, $140,900

Total debt Aug. 10. *99. $160,800
Total valuation 1899.. 33,911,800
Assessment H to 23 actual value.
State tax (per $1,000) 1899.. $4-00
County tax (per $1,000) '99.. 4-00

1900
($9,000 due yearly) to 1915
4s, J&D, $16,000
$5,000y'rly
Interest payable in Uniontown.
Population in
4s,

I

|

1

890 was

80,006

Burgess.
Treasurer

Bond, debt Feb. 15, 1900

$54,700

Tax

Borough BONDS-

valuation (real) '98.1,148,315
City tax rate (per$l,000)....$4-00
2,975
Population in 1890 was
3,000
Population in 1897 (est.)

Optional
Optional

A&0,$5,000
A&J, 2,200

Water Bonds—
M&8, $2,500 .Optional.

School District Bonds—
1919
$13,300
4^8, J&D, 45,000.. Opt. after 1913 3128
INTEREST on the borough bonds and on the $2,500 of water bonds
is payable at Hollidaysburg; 011 the 4^s of 1913 at Philadelphia, Pa.
4»28,

O—

R KENNEDY, Burgees.
T-Jr^Tv/rTTCST-Tr
*
A
l"lLJlVIli,^> 1 rLAU.
I LOUIS ROTT, Treasurer.
This borough is in Allegheny County.
When Due.
School District Bonds—
LOANS—
5-4s, M&S, $28,000
Part yearly
Street and Sewer Bonds—
9.000
K-08
5-4s, J&D, $44,000 yrly' to 1914 4»flS
22,000 y'rly to 1918 4-3s, J&D, 25,000.. June 20, 1910
5-4s, J&D,
19C6
5,000
5,000 .Sept. 1, 1905 5s, J&D,
5-4s, M&S.
20,000 .Sept. 1, 1915 4s, M&N, 35,000. ..May 1,1919
5-4s, M&S,
"10
Overdue bonds
10,000. Mar.l.'Olto
$1,000
5s, M&S,
9,000 1899 to 1912 Bonded debt Feb. 15,1900 278,500
5-4s, M&S,
2,500... 1900 to 1904 Water bonds (incl. above). 108,000
5-4S, A&O,
5-4S, J&J, 20,000.... Jan. 1. 1917 School bonds (additional) 102,000
Tax valuation 1899
Optional after 1902
4,460,000
5'4s, J&J, 25,000... Jan. 1, 1918 Assessment about -5 actual value.
(p'r$l,0O0)'99.$1500
Jan.
1919
Borough
tax
1,
4s,
J&J, 15, 500....
200
County tax (per $1,000)
Water Bonds—
-

,

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

M&S, $15,000.. Yearly to '09 School tax (per $1,000) 1899. 8-00
M&S, 14,000. .Sept. 1, 1910 Population in 1890 wa?
7,911
A&O, 25,000.. Yearly to '16 Population in 1897 (est.).... 10,000
A&O, 54,000.. Oct. 1,*98 '16

Tjr

TTvTT-'T Mr" rw^kTVr
H.UJN
1 1JNOJDCJIN.
is

—

$

I

CHAS. C. BREWSTER, Burgess.
j. K PATTON, Secretary.
.

the county seat of Huntingdon County.

When Due.
LOANS—
Street Improvement Bonds—

Bonded debt Mar. 5. 1900. $53,900
Tax valuation 1899
1,636,000
1900-1904
Assessment about ^ actual value.
4s, J&J, $4,700... July,
"98.
1900-1909
.$29-25
Total
tax
rate
(per
M.)
17,500...
.July,
4s, J&J,
5,729
4s, J&J, 19,000.... July, 1900-1910 Population in 1890 was
Population in 1899 (est.)
Funding Bonds—
6,000
$12,700... July 1900-1910
4s,
I

'

I

I

I

|

INTEREST on the bonds is payable at Huntingdon.
TAX FREE.—All bonds of this city are exempt from

LOANS-

Uniontown.

BALDRIGE,

the county seat of Blair County.

LOANS-

5s,
4*28,

—

CO. — County
FAYETTE CO.— 0. R. Brownfield Com.Clerk. HUNTINGDON
When
County seat

tax except

all

State.

1,000. .'April 1, 1910
30,000.. .Oct. 1, 1921
20,000.. .tApril 1, 1922

This borough

Erie School District. W. J. Flynn, C'k B'd Ed.
When Due, 4s, A&O. $55,000
1900-1909
LOANS—
4s,

A<VO.

Bonds are subject to call as follows: *At any time;
UO.years before maturity, and J15 years before maturity.

—Principal,
/— When Due. Outstand'g.
Rale Payable.
4
J & J Jan. 1, 1907 $256,500
Refunding, 1887
50,000
4
& 8 Mch. 1, 1909
do
1889
500.000
do
1894
4g J & J Jan. 1, 1914
All bonds issued by this city are free from State tax to the holders.
Refunding bonds of 1887 are subject to call after Jan. 1, 1897.

LOANS—

Interest.

-

69

TOWNS.

LOANS4s,
in,

OPTIONAL

NAME and PURPOSE.

1899
1898
1897
1896

MB

•?EWWSYi¥AT31^— CITIES

April, 1900.

Due.

Bridge Bonds—
<1900to'02
<J&J, l (g56000
5b ouo

4
48

'

5s,

*
I A&O, \
A&O, $19,500

-

\

part yrUy.

1902

to

1906

(Payable part yearly.)
Interest paid by County Treas.
Bonded debt Jan. 1, 1900. .$75,500

taxation.

seat is Huntingdon.

Floating debt
$24,586
Total debt Jan. 1, 1900.. - 100,086
Sinking fund assets
19,304
Netdeot Jan. 1, 1900 ...
80,782
Tax valuation 1899
7,755,419
Assessment about *3 actual value.
St. & Co. tax (perM.) '99. ..$12-00
Populationin 1890 was
35,751

HENRY W. GOTJGH, Comptroller. INDIANA CO.— Phil. M. Sutton, Treasurer.
H ADPTCRTTDr — $chas.
a. miller, citycierk.
County seat Indiana.
Harrisburg,
Dauphin County.
When Due. Total debt Jan. 1900
$66,587
LOANS—
—
—
Principal
LOANSRefunding Bonds—
Tax valuation 1898
$8,-16,51
Rate Payable.
When Due.
NAME
5

ri.tt.n.n.i;s.E5u.riv_x.

is

the capital of the State,
Interest.

1

AND PURPOSE.
Water bonds
6
do
do
do
do
do
do

6
6

4
4
4
4

6

do
do
do
do
do
do

6
5

situated in

1,

,

& j
& j
& j
J & j
J & j
J & j
J & j
J & j
J & j
& j
J & j
& j
r

Ontstand'g.

J

July

J
J

Jan.

1

4
4
4
4
4

do

is

July
Jan.
Jan.
Jan.
Jan.
Jan.

July
July
Jan.

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

July
1918

1903
1904
1904
1913
1914
1915
1916
1903
1904
1900
1901
1920

1917
1919

$101,400
91,000
7,500
130,500
26,700
265,000
77,700
14,900
10,000
14,000
60,000
65,000
34,700
5,400
20,100

TAX FREE.— All bonds are exempt from taxation.
INTEREST

payable at the

the City Treasurer.
The city's bonded debt on Apr. 3,1899, was$926,TOTAL
100; sinking fund assets, $137,21076; net debt, $788,889 24, not including $96,900 improvement bonds, payable by assessments. 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 oity's debt and 5 per cent of the principal.
CITY PROPERTY.—The city owns a water works and other available assets amounting to $2,299,985.
. ASSESSED VALUATION.— Thecity's assessed valuation (estimated
to be about the full valued and tax rate have been as follows
Total Assessed Rate of Tax
Total 4 ssessed Rate of Tax
Tears.
Valuation, per $1,000. Tears.
Valuation, per $1,000
1898
$25,538,741
1890
$20,412,135
1896
23,500.000
$22 50
1889
21,396,240
1894
22,500,000
18-833
1880
5,384,629
The city's tax rate for 1899 is $700 per $1,000.
POPULATION.- In 1890 population was 39,385; in 1880 it was
do./b-; in.18/0 it was 23,104. The population at present, according
to local estimate, is over 60.000
is

office of

DEBT—

:

Harrrisburg School District.— D. D. IIammelBAUGn, Secretary.
the same name,

ia

in

—

This district, comprising the city of

Dauphin County.

J&J, $18,000
Optional »s in 1901,

3-4s,

County Bonds—

1902-1903

Co.taxrate(per$l,0O0).

600

in 1902.

Populationin 1890 was
Population in 1880 was

42,175
40,527

*n

4-4s
$40,000
1901
Interest payable in Indiana.

JOHNSTOWN. —

is in Cambria County.
Street Impt. Bonds— (Con.)
Fire Alarm—
4138, F&A, $50,000. Aug, 1, 1924
Subject to call after Aug. 1, 1904
4s, J&J, $8,000
Jan. 1, 1924
Subject to call after 10 years.
4s, A&O, $20,000
Oct. 1,1926
Highway & Bridge Bonds—
Interest payable in Johnstown.
20,
'99.. $225,100
5s, J&D, $93,500
June 1, 1921 Total debt Oct.
Subject to call after June 1, 1901 Sinking fund
4,648
River Improvement Bonds—
220,452
Net debt Oct. 20, 1899.
13,384,841
5s, M&N, $26,300
May 1, 1921 Tax valuation 1899

This city

LOANS—

When Due.

. .

Subject to call after

May

8trekt Improvement—

1,

M&S, $17,500... Sept.
Subject to call after 8ept.

1,
1,

4*28,

1896
1923
1903

Population in 1890 was
Population 1899 (est.)

JUNIATA CO.—John F
County seat

is

% actual value.
rate (per $1,000) 1899. $15 45

Assessment is

Tax

Ehrenzeller,

Tr^as.

Mifflintown.

LOANS—
38 & 4s, $126,689

County Bonds—

When Due

Sinking fund

Tax
Tax

$4,534,642
valuation, real
valuation, personal. 840.736
Total valuation 1899. .5,375,378
8tate & Co tax(per M.) '99. .$10-00
Population in 1890 was. ...16,655
. .

Interest payable by County Treas.
Total debt Jan. 1,1899... $126,829

29,620

LACKAWANNA CO—
County seat

21,805
42,000

ia

F.

Wagner,

Clerk.

Scranton.

When Due.
LOANS—
Refunding Bonds—
41-2*, J&D, $100,000.. Dec. 1, 1904
Bonds all optional after 2 years.
Court House Bonds—
4s, J&D, $115,000

Total debt Auir. 10, 1S99. $21 5,000
21,239.094
Valuation, real
3,317,812
Valuation, personal...
Tax valuation 1S99... 34,556,906
\--issment about *g actual value.
State A Co. tax (per M) '99. $11-00

Interest payable by County Treas.

142,088

TAXES

Population 1890 was
on the above securities are paid by tne County.

70
T A XT/^ A CTT7D
L,AlNOAO
1

SZ,Xr\..

This city

—

5
J

D R- H E MUHLENBERG, Mayor
j. H RATH PON, Treasurer.
-

TAX FREE.—The Railroad Compromise bonds are tax exempt.
McKeesport School District D. P. Smith, Sec'y.

-

—

.

the capital of Lancaster County.

is

LOANS—

z

NAME AND PURPOSE.
Judgment bonds, 1895

—

Interest.

Rate. Payable.

LANCASTER
County

(Ou

.

1«,

Bonded

."

I

;

seat

is

CO.- -Jacob Stoner, Treas.

Laneaster.

LOANS—

When Due. Bonded debt Feb. 1,1900. $270,800
County Bonds—
Interestpayable at Co. Treas. 'office.
4s, A&O, $170,800.... Apr. 1, 1901 Tax valuation 1898 ....$82,998,734
Subject to call at any time,

State

& co. tax per $1,000 '90.$650

Population in 1890 was.. ..149,095
Population in 1880 was.. .139,447

3^8, $50,000

Court House Bonds—
1918

3^s, $50,000

(Subject to call after 1908.)
FREE.—AH bonds of this county are

TAX

Geo. B.
LEBANON.—
Leba»on Countv.
This city

is

city is in

$43,611
Net debt Feb. 1,1900.... 142,339
City Bonds—
1923
Tax
valuation,
real
A&O,
$44,700
8,738,666
4s,
Tax valuation, personal. 212,280
Subiect to call at any time.
Total valuation 1899
Water Bonds—
8,950,946
4s, A&O, $141,250.... Apr. 1, 1902 Assessment about 90 p. ct. actual.
Total tax (per M.) '99
Subject to call at any time.
10.00
Interest paid at City Treas'r office. Population in 1890 was
15,000
Total debt Feb. 1, 1900... $185,950 Population in 1899 (est.)... 17,800
Water debt (included)
141,250

This city

is

in Clinton County.

LOANS—

City

F.

cash...

ELLIOTT, Mayor.

HABER8TROH,

Treasurer

Dec. 1,1918
$25,000
Nov. 1,1910
(Subject to call after 1908.)
Oct. 1,1903 Total debt Jan. 1, 1900. $224,000
Jan. 1,1907 School bonds (addit'nal).
8,000
May 1,1915 Total valuation 1899
1,700,000
Assessment about ^ actual value.
Oct. 1,1903 Population in 1890 was
7,358
May 1, 1904 Population in 1896 (est.)
8,000
July 1,1914
4s, .....

$25,000
10,000
4s,...., 25,000
4s,
25,000
6s, .....
5s, .....

Water Loans—
$10,000
84,500
19,500

CO.—Fred.
LUZERNE
The couuty

C.

Kirkendall,

Treas.

seat Is Wilkes-Barre.

LOANS—

When Due. Tax valuation, peraon'l.$2,306,571

County Bonds—
4s, F&A, $37,500, g.

Total valuation. 1899.-30,751,468

1903 Assesment abt. 10 p. e. of act'l val.
1900 to 1907 County tax (per $l,000),'99.$7f>0
4s
80,000
Population in 1890 was... 201, 203
I»t. is payable in Wilkes-Barre.
Total debt Feb. 1, 1900. $117,500 Population in 1900 (est.). .300,000

Tax

. .

F«b.

1,

valuation, real .... 28, 444,897

TAX FREE.— All bonds of
holders.

county are exempt from taxation to
The county pays a State tax of 4 mills.

LYCOMING

this

City Bonds—
J&J, $18,000.
J&J, 18,800
J&J, 12,000
J&J, 7,000

CO. — County seat

is

Williaasport.

I

|

I

($40,000 yearly.)

!

Population in 1896 was

75,000

LAENARD, Burgess.
iABNER I. MORRIS, Sec. Coun'l

5

x \^>± x

M. J

July 1,1901
Jan. 1,1907
Apr. 1, 1907

. .

Mar. 1,1916

M&S, 7,900

Bonds

When Due. Floating debt

$2,103
Total debt Mar. 3,11900.
86,603
Sept. 1, 1908 Tax valuation 1899
2,177,082
4s, M&S, $2,500
Aug. 1,1909 Assessment is 23 the actual value.
4s, F&A, 10,000
$17-00
1916 Total tax (per $1,000)
4s, J&J, 10,000
1922 Popula ion 1890 was
11,286
4s, ...., 17,000
Population 1880 was
7,181
(Subject to call after 1907.)
Jan. 1, 1928 Population in 1899 (est)
15,000
48, J&J, $45,000
Interest payable at Treasury.
(Subject to call Jan. 1, 1908.)
Total debt Mar. 3. 1900.. $84,500
The bonds, except where otherwise stated, are all 5-15-year bonds
and are exempt from taxation.

Borough Bonds—

K. A. Hitchens, Comptroller.
McKEESPORT.—
Allegheny County and has annexed
borough

the
of
This city is in
Reynoldton, assuming a bonded debt of $25,5i>o.
When Due. Bonded debt Apr. 3, 1899.$395,100
LOANS—
Water debt (included) . 102,000
Funding bonds
73,753
4^8, J&J, $42,000... July 1,1920 Floating debt
4s,M&-»,$121,00OseriallytoSep,'17 Total debt Apr. 3, 1899.. 468,853
Sinkingfund
140,998
RR. Compromise Bonds—
J&J, $104,600... July 1,1906 Net debt Apr. 3, 1899 ... 327,855
6s,
Ass'd valuation 1899 .15,337,575
Reynoldton Bonds—
1910 Assessment about ^ actual value.
Water 4>*s, $9,500
1899-1914 City&sch.tax(p.$l,000)'98.$13-50
Impt. 5-4s, 16,000
Total tax (per $1,000)
16-50
Water Bonds—
20,741
5s,
J&J, $75, 000*.. July 1,1911 Population 1890 was
Population
1899 (est.)
35,000
27,000... July 1,1904
5s,
J&J,
School District Bonds
Interest payable by City Treasurer.
3*28,
1930
$100,000
* The water bonds due in 1911 are subject to call on 60 days notice.

—

. .

—

j

of 1907

and

'16 free of State tax.

M. BROOMHALE, Treasurer.
W. H. TRICKEK, Clerk.
in Delaware County.
iDt. payable by Borough Treas.
When Due.

MEDIA.

5

C. D.

I

This borough

is

LOANS—

Refunding & Water Bonds—

Total debt

Mayl, 1899.. $100,000

M&N, $100,000. 1904 to 1929 Tax valuation 1899
May 1, $5,000 in 1904, $10,000 Tot. tax (per $1,000)

3i 2 s,

2,334,577
17-25-

'99.

Population in 1890 was

$15,000 in 1914, $20,000
in 1919 and 1924 and $30,000
in 1909,

2,736

in 1929.)

Young,
MILLVALE.-W. ACounty.

Burgess.

This borough is in Allegheny
Bonued debt Feb. 1, 1900. $85,800 Assessment abt. 70% actual value.
9,200 Boro. tax (per $1,000) 1899. $1700
Floating debt
3,80995,000 Population in 1890 was
Total debt Feb. 1,1900..
9,500
Total valuation 1899.... 2,170,480 Population in 1900 (est.)
I

I

Jos. A.
MONONGAHELA.Washington County
Monongahela
is

When Due. Total valuation 1899

LOANS—

$1,495,357
actual value.
Total tax (per $1,000) '99. .$23-00

Assessment about

Refunding Bonds—
1909 to '28

3^58, $59,000.
($2,000 in '09;

.

. .

23

Population in 1890 was
Population in 1899 (est.)...

$3,000 yearly to '28)
Bond, debt Aug. 1, 1899 .$59,000

4,096
6,000

EILENBERGER, Treasurer.

FRED,
CO. — Is.
L.MOSIER. Clerk.

MONROE
County
n/r/-»NTnritr
seat

Bryan, Mayor.

in

r^/~\

5

Stroudsburg.

is

When Due. Total valuation 1898.. $6,735,263
Assessment same as actual value.
Court House Bonds—
1909 Total tax (per $1,000) '98...$14-0O
4s, M&S, $66,600.
20,111
Population in 1890 was
Subject to call.

LOANS—

|

Interest payable at Co. Treasury.

MONTGOMERY
County seat

Population in 1895

(est.)... 21,000

CO.— D.

H. Hitner, Clerk

Norristown.

is

When Due. Total debt Apr. 1, 1900....$75,00O
LOANS—
80,135,275
Tax valuation 1899
Refunding County Bonds—
312s, A&O, $75,000.. .Apr. 1, 1920 State and Co. tax (per M.),'99. .600
Subject to call after

MONTOUR
County seat

1,

123,290

Population 1890 was..

1910.

CO.—Jno.

C. Peifer, Clerk.

Danville.

is

When Due. Tax valuation,

personal. $64,991
Total valuation 1899.. ..1,901,300
Assessment about ^ actual value
4s, Nov. 1, $25.000
State and Co. tax (per M),'99...$li
$4,000 due yearly.
15.64&
$25,000 Population in 1890 was
Total debt Jan. 1, 1900
15,46 g
1,836,309 Population in 1880 was
Tax valuation, real
TAX FREE.—All bonds are exempt from taxation.

LOANS—

County Bonds—

A otit
1 LH. —
E W OAb

1VTT_,,Ttr

IN

t-,

s-,

>

\

CHARLES WARNEROCK, Mayor.
WM. E. MARSHALL, Clerk.

In 1897 the boroughs
is the capital of Lawrence County.
West New Castle and Mahoning town were annexed to the city.
When Due. Interest payable at city treasury.
LOANS—
Total debt April 1, 1898. $136,500
City Funding Bonds—
Aug. 1, 1906 Total valuation, 1898 .... 8,822,47
4s, F&A, $24,000
Assessment about % actual value.
Subject to call at any time.
$3-50
County tax (per $1,000)
Sewer Bonds—
This city

F&A, $15,000

Aug.

1,

1911

Subject to call after 1906.

Street Improvement Bonds—
Aug. 1,1904
F&A, $40,000
Subject to call at any time.
Auk. 1, 1916
4s, F&A, $40,000
4s,

in Schuylkill County.

LOANS-

.July 1, 1907

All bonds are subject to call.

4s,

MAHA NOV HTTYa.
lvx^vin^.iNV^

. .

of

When Due. Total debt Jan. 1, 1900.. $430,350
LOANS.—
Tax valuation 1898
20,696,197
Refunding Bonds
3*2, M&N, 2*5,000. .Nor. 1,'08 '13 Population in 1890 was.... 70,579

Borough

Oct. 1, 1928
A&O,$153.000
^Subject to call after Oct. 1, 1903.)

4«,

4-4s,
4s,
4s,
4s,
4s,

is

Bonded debt Apr.

Bonded debt March 1,1900.$66,600

Refunding Bonds —

When Due.

Bonds—

..

[WM.

Interest

Water Works Bonds

|

exempt from taxation.

Marquart, Treasurer.

•JOS.

pavable at City Treas'y.
3, '99.. $227,700'
26,272
Sinking fund
Net debt Apr. 3, 1899.... 201,428Total valuation 1899... $2,950,623
Assessment abt. 50% actual value.
$1100
City tax (per $1,000)'99.
9,520
Population 1890 was
11,000'
Population 1898 (est.) .

When Due.

"LOANS—

I

When Due. Sinking fund and

LOCKHAVEN.

40,000

(est.)...

A. M. Gundaker, Comptroller
MEADVILLE.—
Crawford County.
Ihis

in

LOANS—

Population in 1900

50,564
Sinking fund
Net debt Feb. 1,1900.... 201,436

.

.

is

LOANS—

3

.

located in Allegheny County.
When Due. Asses'd valuation '99.$15,337,575
6-00
$100,000.part y'rly to '27 School tax (per M.) 1899
debt Feb. 1,1900.$252,000 Population in 1890 was.. -.22,000

This district

Principal
Outstand'g.
When Due.

,

,

4
$120,000
A & O
Oct. 1, 1925
Optional after 1915.
Relief fund
Perpetual.
14,000
6
Jan.
Scliool bonds, 1895
100,000
4
1915
do
do 1897
10,000
4
Water loan (reg.)
5
41,400
A & O Apr. 1, '99, to 1901
do
do
208,558
6
do
do
306,500
1918
.
4
A&O
do
do
Apr. 1, '99, to 1905
120,000
4
J-Q
'00,
do
1918
do
Jan.
to
125,000
4
1,
J & J
do (coupon).
169,500
Apr. 1, 1905 to '20
J-Q
do
1922
1892
150.000
4
J & J
NTEREST ia payable In Lancaster.
BONDED DEBT.—The city's bonded debt on Jan. 1, 1900, wa«
$1,134,958; sinking funds, $540,458.
TAX FREE— All bonds of this city are exempt from taxation.
CITY PROPERTY—The city owns its water works valued at $750,000 and other buildings and available assets, besides the sinking fund
mentioned above, in all amounting to $1,022,461.
ASSESSED VALUATION— In 1899 the total valuation was $15,910,873. Real valuation about $26,000,000. In 1889 total assessed
valuation was $13,451,038; in 1880 it was $12,449,480. In 1899 the
city tax rate per $1,000 was $9 and the total rate $17.
POPULATION—The population in 1890 was 32,011; in 1880 it was
25,769 in 1870 it was 20,233. In 1895 (estimated) 40,000.

5s,
5s,
4s,

LXX

Vol.

Subject to call after 1906.
4s,
4s,

860
City tax (per $1,000) '99
School tax (per $1,000) 1899. 6-40
11,600
Population 1890 was
Population 1898 (estimat'd. 27,000
School District Bonds—

1919
3*28
$56,000
(Subject to call after 1909.)

1, 1917
1, 191*
1, 1903.)

M&S, $25,000.... Sept.
Aug.
F&A, 35,000

(Subject to call after Aug.

TAX FREE.—Bonds are exempt from taxation.
Metcalf, Treas^r.
NORRISTOWN.-Edwin
Montgomery County.
This borough

is

the capital of

LOANS—

When Due. Bonded debt Mar.l,1900.$360,200
9.488,430
Tax valuation 1899

Borough Bonds— (reg.)
4s,

J&J, $29,400

July

1,

1904 Assessment about 23 actual value.
State & Co. tax (per M.), '99.14-00
Population 1890 was.. ...... .19,791
Population 1900 (est.).. ..26,000

Subject to call at any time.
Dec. 1, 1908
4s, J&D, $8,800
Subject to call at any time.
Jan. 1,1913
4s, J&J, $62,500
Optional after Jan. 1, 1898
$200,000.. Oct. 1, 1927
3^8,

School Dist'ict
3*28.

Bonds—
1919

,$100,000

(Subject to call after 1909).

(Subject to call after 1902.)
4s,
I

J&J, $59,500

Jan.

1,

1915

NTEREST is payable at the Borough Treasurer's office

NORTHAMPTON CO.— F.
Easton

is

LOANS-

4s,

J.

Mayers, Treas.

the county seat

A&O, $100,000

....10-20-years

Interest payable semi-annnually
at the County Treasurer's office.
Bonds are tax exempt.
Bonded debt Jan. 1, 1900.$100,000

Floating debt
Total debt Jan.

Sinkingfund
Net debt Jan.

$50,000
1,

1900..

1, 1900..

Tax valuation,
Tax valuation,

.

150,000
31,621
1 18,379

real ...39,789,047
person'l 7,850,695

Total valuation 1899. $47,639,742
State & Co. tax <p.$l,000)'99.$6-60

This city

is

in

LOANS—

I

I

Population in 1890 was.... 84,220
Population in 1900 (est.). .125,000

JOHN M. REED, Mayor.
—
W.
WISE,
Venango

/^•TT-V
i

OIL

S

Treasurer.

H.

•

I

County.
When Due.

Total debt Jan. 1, 1900.
Sinking fund assets
Water debt (included)...

$61,000
30,910
42,000
Is, M&S, $15,000.. Sept. 1, 1900 to
2,429,185
Sept. 1, 1914 Tax valuation, real
($1,000 due yearly)
Total valuation, person'l. 208,100
City BondsIs, M&S, $4,000.... Sept. 15, 1903 Total valuation 1900 .... 2,637,285
Assessment is *3 actual value.
Water Bonds—
Total tax (per $1,000) '99... $37-00
5s, M&S, $6,000... Sept. 1, 1900 to
10,932
Sept. 1, 1901 Population in 1890 was
($3,000 duo yearly)
Sept. 1, 1902 Population in 1900 (estim.). 14,000
5s, M&S, $36,000
INTEREST on the Water 5s is payable by Townsend, Whelen & Co.
City Building

.

Bonds-

Philadelphia.

PERRY
Bonded

CO. —

New Bloomfleld is the county seat.
debt Jan. 1,1899 $124,143 Total valuation 1899. $7,857,722
Assessment about actual value.
26,329
issets, &c
97,814 State and county tax (per
Net debt Jan. 1,1899....
$900
$1,000)1898
Assessed valuation, real. 7,081,268
26,276
Assessed valuation, per'l 776,454 Population in 1890 was
H. AS EIBRIDGE, Mayor.
DUir
Ani7ri-.t-'t±lJ\.
PHIA — <S.JOHN
\rt±ll- J\Dll
M.WALTON, Comptrol'r.
l

l

J

Philadelphia, co-extensive with the county of the same name, la the
ihird city of the United States, has an area of over 130 square miles,
ind includes a number of places which have almost the character of
leparate towns. The county is under city control and has no separate
lebt. In the following table the various issues of bonds under the
general heads, Taxed City Loan and Untaxed City Loan, are given in
jhe order of their dates of matuntv.
The long-continued litigation over the issuance of the $11,200,000
bonds voted Nov. 7, 1897, was concluded May 15, 1899, by a decision
One half the bonds
jf the Supreme Court confirming their validity.
aras issued July 1, 1899. 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, 1900), none have yet been offered for
sale.

LOANS—
VIAME

,

loan,1890-91,

loan

1893

A to T

Principal.
Oulstand'g.

,

3
3

& J \ $400,000 yearly I
Nov. 1,1900 to '19 >
M & N 5 $230,000 yearly
31 1903--17
J & J ??°-$175,000 yearly. \
31, 1918-'22
J & J Dec.
I $175,000 yearly. J
Dec. 31, 1904-'23
J & J 5 $205,000 yearly.
?
S
J

do

do

.1894

$2,000,000
4,600,000

I

>

2,625,000

--

)

5

do

3*a

The city sinking fund held on Jan. 1, 1900, in addition to the loans
given above, assets amounting to $2,958,928 96. The cash on hand in
the city treasury on that date was $9,045,842 28.
The sinking fund holds the following securities: City loan, at par,
$15,561,200 and United States loan, at par, $413,000. The amount
of b >nded debt redeemed by the Sinking Fund Commission during the
year 1899 was $1,402,800. 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 $<J0 per share.
CITY PROPERTY—The real estate owned by the city is valued at
$57,353,944, an increase over the appraisement of Jan. 1, 1899, of
$1,378,450.
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.
Debt Jan. 1.
Personal ValuaVn. per $1,000.
Years.
Sink. Fund.
1850
$55,443,145
$880,935,265
1900.
$1,022,114
18-50
52,458,082
864,516,035
1899
775,192
18-50
58,107,928
842,330,700
794,556
1898
1850
55,054,930
818,827,549
1897
368,860
18-50
55,168,028
782,677,694
1895
419,260
18-50
688,713,518
56,777,370
1890
602,590
64,131,362
597,785,428
1850
1885
660,986
2000
18*0
72,264,595
536,667,834
806,605
2150
575.283,968
64,390,463
785,899
1875
45,093,247
1800
479,776,643
1870
519,197
32,763,899
159,119,928
2800
1865
329,340
21,356,759
155,697,669
2000
173,737
1860
15-00
81.665
1855
POPULATION —In 1898 was estimated at 1,240.000; in 1890 was
1,046,964; in 1880 it was 847,170; in 1870 it was 674.022.

Horace Lloyd,
PHOENIXVILLE.County.
This borough

is in

>

875,000

)

4,100,000

When Due.

LOANS—

Total debt Feb. 1, 1900.. $173,500
Tax valuation 1899
3,000,000
Assessment about 3 5 actual value.
Total tax (per $1,000) 1899. .12-00
Population in 1890 was
8,514
Population in 1900 (est.).... 9,0 00

Water Bonds—
A&O, $169,000.. Apr. 1, 1914
Subject to call after Apr. 1, 1899
Interest payable at Phoenixville.

4-48,

(WILLIAM

PITTSBURG,
This

2

JOS

J. DIEHL, Mayor.
LEWIS, Comptroller.

E.

city is situated in Allegheny County.

LOANS—

Interest.

NAME AND PURPOSE—

—

>

A&O
M&N

3

do

.1896

313

J

&

do

.1899

3^2

J

&J

5,600,000

c 7
do
do
r 7
do
do
r 7
Funded debt improv. bonds.
5
do
do
do
r 5
do
do
do .r 5

do

.1898

J

&

1,306,000

City bonds, loan of 1900

&
&
J &
J &
J &
J &
3H A &

2,720,000

Improvement bonds

4

Refunding loan

Subway loan
do

do

do

Refunding
do
do
do
do

1894 Q
a^
do 3ia
.

do
1897

do
do

do

1898

loan

313
3>fl

do
do
do
do ....1897

&

J

I

01,

^

A

1892

3

Taxed City Loan—
Consolidated

do

Untaxed City Loan—
Park.No. 2
South St.Bridge,No.38.
Water, No. 37
Fairm't Bridge, No. 44.
HouseofCorr't'n,No.45
School, No. 3
Water, No. 46
Guaranteed gas, No. 7.
Police

J

1895 3*9
do
3^
do
3H
3^8
do

Reservoir loan, series
to T.

3

& culv'ts.No. 48.

Fairm't Bridge, No. 49.
School, No. 50
Fire purposes, No. 53.

6

6
6
6
6
6
6
6

6
6
6

J

J
J

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

I

Dec. 31, 1905*23

)

$50,000 yearly.

S

Dec. 31, 1924
Dec. 31, 1924
Dec. 31, 1924
$ 1907-1926, $32,500
I annually on Dec. 1.
31, '02 to '21
J Dec.
J I $50,000 yearly.

J
J

Jan.

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J

July
July
July

July

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

2,000,000

2,084,000
16,000
2,400,000

)

Funded debt bonds

J

J

J

J July
J Jan.
D June
D June
D June

do
r 4
Market bonds, refunded
r 5
Municipal consol. bonds
r 6g
Public Park bonds
c or r 4

J

A

A

M

1,
1,
1,
1,
1,

1,

1909
142,000
1909
358,000
1912
121,000
1913
88,000
1913 1,315,000
1912
77,000

Apr. l, '03-30
> 7,000,000
$700,000
every 3 years
Dec. 1, 1915
53,000
Dec. 1, 1915 3,681,700
Apr. 1, 1910
25.000
Oct. 1, 1904 g.210,OO0
1925
•1,575,000

J

do

July

&

Subject to call 1-10 every 3 years.

M&N
4
M&N
1925
1-10 every 3 years.

900,000

Public Safety bonds
corr 4
1925
Subject to call 1-10 every 3 years.

•450,000

950,000
44,000
5,000
1,000
650,000

Boulevard bonds

corr

400,000

1,000,000

1,
1,

1904
1904

31,100
1,400

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

1900
1900
1900
1901
1901
1901
1901
1902
1902
1902
1902
1903
1903
1903
1903
1903
1903
1904
1904
1905
1905
1905

1,999,600
1,001,700
996,300
700,000
500,000
500,000
2,122,000
500,000

July
6
July
6
6
Jan.
GirardAv.,Bdge,No.51 6
Jan.
Park.No. 3
Jan.
6
Water, No. 54
Jan.
6
Centennial, No. 55
Jan.
6
Ice boat, No. 56
July
6
House of Corr'n,No.57. 6
Jan.
Sohool, No.58
Jan.
6
Guaranteed gas, No. 8.6
Jan.
Bridge, No. 60
July
6
Sewers. No. 61
July
6
Untaxed City Loan—
Bridges, No. 60
6
J
J
Julv 1, 1905
Sewers, No. 61
6
July 1, 1905
J
J
Registered loans overdue and yet outstanding
Non-registered loans overdue and yet outstanding
Non-registered coupons overdue and yet outstanding

>

When Due.

City building bonds, refun.c&r 5
Apr. 1, 1910 $170,000
*1, 350 000
Free bridge bonds..
c or r 4
1925
Subject to call 1-10 every 3 years.

.1895

2,400,000

Principal.
Outstand'g

,

Rate. Pay'ble.

do

CDec. 31, 1905-'24)
\ $120,000 yearly. J
Dec. 31, 1905-24)
J $100,000 yearly.
S
5 Dec. 31, 1908-17)
< $560,000 yearly. 5
1908-'27 t
J J Dec. 31,
I $65,300 yearly.
J
(Dec. 31, 1904-'23)
due
yrly
$136,000
I
J
Dec. 31, 1904'10
Dec. 31, 1904
Dec. 3, 1911-1918)
$300,000 yearly. 5
Dec. 31, 1919-*21
j $300,000 yearly. J

Treas'r.

Chester

When Due.

\Dec.31'00tol904

1879 4
ct.

series
Jerial

—

Payable.

loan, series

StoY

rhreep.

Interest.

-

Rate

AND PURPOSE.

Sew funding

71

f£NN3YlW*W---Cm£S AWB TOWNS,

April, 1900.

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
18,125
40,520
14,000

Subject to call

Railroad scrip
Railroad compromise bonds

do
do
do

do
do
do

do
do
do

4&5
. .

..r
..o
..r

502

J
J
J
J
J

5
5

4
4
6
corr 4

Water bonds
do

1913
1913
1913
1913

868,000
961,400
217,000
136,300
1!H>5
300,000
1925
•1,800,000

Jan.
Jan.
Jan.
Jan.
Jan.

M&

Subject to call 1-10 every 3 years,

Refund. Water extension loan 3 %
East Birmingham funded
4

'

1

000 y*r?y Apr\ i
Mar. 15, 1918

Coupon bonds.

(r) Registered bonds.
(g) Payable in gold.
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 oity's bonds are exempt from taxation
except the refunding water extension loan.

(c)
* These

issues

INTEREST

is

payable at the City Treasurer's

office in Pittsburg,

New York and at the Pittsburg Trust Co.
TOTAL DEBT, SINKING FUND, Etc-

the

Bank

of

America

at

in

Jan. 1,1900. Feb. 1,1899. Feb. 1,1898. Feb. 1,1897.

bonded debt
$
(inch water bonds) 15,236,701

Total

Sinking funds

Net debt
I

Including $7,000

$

$

$

4,584,867

15,331.202
4,058,245

:i6,962,902
5,391,222

14,928.202
4,707,369

10,651,834

11,272,956

11,571,680

10,220,833

still

outstanding.

The sinking fund receives yearly $500,000 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
City Tax
Assessed Valuation.
Tear.
Real.
Total.
i>er$l,000.
Personal.
.

PAR OF BONDS— Bonds are in pieces of $25, $50, $100 and $1,000. 1900
INTEREST payable by Farmers' & Meohanics' Nat. Bank.Phila.,Pa. 1899
1898
TOTAL DEBT, SINKING FUNDS, Etc.—The subjoined statement 1897

shows Philadelphia's total municipal debt, and the sinking fund held by
the city against the same, on the dates mentioned. [By a decisiou of
the Supreme Court of Pennsylvania, tiled May 31, 1894, it is held that,
within the meaniug of the word "Debt" in Section VIII, Article IX,
of the Constitution of Pennsylvania, the real debt of the city is the
authorized debt loss the amount of the city oertitioates purchased and
uncanceled in the sinking fund.]
Jan. 1, 1900.
Jati. 1, 1899.
Jan. 1, 1S98.
Bonded debt
$55,443, 1 4
$51,241,295
$56,872,795
Outstanding warrants
1,329,085
1.216,787
1,235,133
Total debt
$56,772,2dO
$52,458,082
$58,107,928
City loans held in sink. fds. 15,561,200
18,933,578
J^GVOJS.OOO
Net debt on dates named. .$il,2il,030
$36,380,082
$39,174,353

783,000
62,000

$321,696,550
$319,778,905
$1,917,645
$1500
315,521,713
817,343,591
1.821,878
1500
312.478,721
310,576,437
1,902,284
295,316,2c>2
1300
293,368,242
1,948.020
4<<>.422
1200
1896
286,497,437
1,988,985
288,
11-00
1893
273.390,506
,650,166
2,259,660
15-00
1890
198.580.267
200,453.626
1,873.359
1885
1300
108,530,603
111,530.608
3,000,000
1600
1884
105,404,720
107,342,978
1,838,258
For the year 1899 the assessed valuation of real estate includes the
valuation of property to the amount of #1 17.072.0 :? which paid a rural
tax (two-thirds of full tax), and $10,450,501 which paid a so-called
agricultural tax, or one-third of the full tax rate. The taxable valuation
of all property for 1899, after making some slight deductions for
exemptions, was estimated at $271,352,506.
POPULATION— In 1890 'population was 238,617 in 18S0 it was
156,389; in 1870 it was 86.076. Estimated 1900, 305,000
,

;

72

STATE AWB CITY SUf fiEIWENT,

Pittsburg School Districts

— Chas.

Reisfer, Jr

,

Sec. Central B'd of Education.
The various sub-sohool districts of Pittsburg have an indebtedness
from that of the city proper. We give below their
bonded debt on February 1. 1899, aggregating $1,423,500, and the asentirely separate

sessed valuation of each for 1899.
Assessed

Bonded

Valuation
1899.
$2,296,487

Debt.

Allen Sub School Dlstrict-3 1 st Ward
Beltzhoover Sub-School District— 38th Ward....
Brushton Sub-Sohool District- 37th Ward
Colfax Sub-School District— 22d Ward
Forbes Sub-School District— 6th Ward
Franklin Sub-School District— 7th & 8th Wards..
Hiland Sub-School District- 19th Ward
Hoinewood Sub-School District-2Ist Ward
Howard Sub School District-16th Ward
Libertv Sub School District— 20th Ward
Lincoln Sub-School Districts 1st Ward
Luckev Sub-School District— 35th Ward
Minersville Sub-School District— 13th Ward
Moorhead sub-School District -11th Ward
Mt. Albion Sub-School Dlstrict-18th Ward
ftlt. Washington Sub-School District-32d Ward.
Oakland Sub School District-1 4th Ward
Peebles Sub-School District— 23d Ward
Riverside Sub-School District— 34th Ward
Sterret Sub-School District-22d Ward
St. Clair Sub-School District— 27th Ward
Stevens Sub-8chool District-36th Ward
Washington Sub-School Distriot— 17th Ward. ..
Wickershani Sub-School District— 24th Ward..
. .

PITTSTON.— R.
j

This city

is

in

Hankee,

E.

$56,000
13,000
51,500
36.500
21.000
80,000
84.000
50 000
118,000

90 ,625
2,351,579
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

65.00i»

87,000
39,000
127,500
23,500
60,000
45,000
145,000
120,100
23,000
66,000
4 5,000
43,000
10,000
14,500

POTTSTOWN.-Jno.
is

1870

in

it

1890 population was 58,661; in 1880
in 1900 (estimated), 94,655.

—A.

is

in Berks

County.

LOANS—

When Due. Bonded debt Apr.

F&A, $22.000
A&O, 25,000
3^8, F&A, 35,000
3»s8, A&O, 65,000.

1,1900. $147,000

School tax (per $1,000) '99 ..$4-00
For assessed valuation, population, &c, see city of Reading.

1901
1903

4*,
48,

192!)

April 1, 1930
(Subject to call after April 1, 1905.)

HARRY MULDOON, Cont'ller.

SCHUYLKILL CO.
County seat

- 5I G.

A.

DOERFLINGER, Treas.

is Pottsville.

LOANS—

When Due. To.bond.debtMar.,1900.$523.70OFloatinsdebt

$142,000.... Apr. 1,1914
Optional after Apr. 1, 1899
4s, A&O, $75,000
Oct. 1,1916
3s, J&J,
274,100.. ..July 1,1919
3s, M&S,
32,600.... Sept. 1, 1921
All bonds exempt from taxation.
Interest payable in Pottsville
4s,

201,256-

Total debt Mar.l. 1900.
724,956
Total valuation 1899. .51.896,368
State&Co.tax(per$l,000)'99.$8-0O>
Assessment abt. 60 p.c. actual vaL
Population in 1890 was... 154,163.
Populationin 1900 (est.
165,000) . . .

(

T

Comptroller.

This city

is

().

A.

Lackawanna County.

in

LOANS-

—Interest-

S %te. Payable.
1894 4Lh, J ,t D

Bridge loans
do
do

do
do

1894 419 J &
1894 4M? J &
1894 4^
&

do
do

.1

City improvement

1886 4

D
D
D

When Due.

1904
1909
1914
1915
July, '00 to 1906

June 1,
June 1,
June 1,
June 1,

$2,000
A July
1907-

&

J

Principal.
Outstand'q.

,

name AND PURPOSE.

$90,000
50,000-

50,000
60,000
14,000-

yearly.

1

'16

& ;S $3,500 yearly.
City improvement
ct D
Dec. 1, 1901
do
do
Dec. 1, 1906
....1891 4V* J & D
do
Dec. 1, 1911
do
....1891 4^ J & D
do
Dec. 1. 1916
do
....1891 41* J & D
Funding loan
July 1, 1901
J & J
1886 4
July 1, 1906
do
do
J & J
1886 4
Municipal building ...1890 4
F & A
Feb. 1, 1900
do
Feb. 1, 1905
do
...1890 4
F it A
F A A
do
do
...1890 4
Feb. 1, 1910
Park bonds
.1
Jan 1, 1908
1900 4
J &
Redemption bonds... 1893 4Vi
Junel,
1903
& D
1886 4
J
1891 41*

do

35,000

\

22,000-

.J

W. Healy, Treasurer

23,000
22,000
23,000
15,000
15,000
20,000
25,000
30,000
10,000
34,000
34,000
38.00O
38.00O

.1

POTTSVILLE.-S.
This borough

is

do
do
do

M. Mortimer, Treasurer.

in Schuylkill County.

LOANS—

When Due.

Funding bonds—
A&O, $8,000

I

Bridge Bonds4s, J&D, $8,000

1901-1908
Int. is payable at Boro' Treas'y.
1,1900
May 1,1911 Bonded debt Feb. 1,1900. $110,500
M&N, 33,000
1913 Sinking fund
1,890
5,000
4s
1901 Tax valuation 1899
6,338,114
2,500
.,
4s,
Assessment about ^ actual value.
Refunding Bonds—
1929 Total tax (per $1,000) '99.. $21-50
3^8, ...,$54,000
Population in 1890 was
14,117
(Subject to call after 1909.)
Population in 1900 (est.) ...16,000
The bonds due in 1911 and 1914 are subject to call after five years
from date of issue those due in 1913 after 10 years. All are exempt
from local taxation.
|

Oct.

4s,
4s,

was

R. Hoover, Treas.

This district, comprising the city of the same name,

1,

Assessment about ^ actual value.
$14-00
Tax rate (per M.) 1899
Population 1890 was
13,285
Population 1900 (est.)
17,000

A&O, $=>5,000....Oct. 2, 1929
(Subject to call part each 5 years.
6P,p.
819.)
V.
Bonded debt Oct. 2, 1899.. $55,000

3*2S,

it

was 33,930;

Reading School District.

do

Montgomery County.
When Due. Assessed valuat'n 1899.$5,S0O,O0O

in

;

/

Luzerne County.
When Due.

LOANS—

POPULATION.—In
43,278

«

TAX FREE—AH bonds exempt from taxation.
INTEREST is payable at the Treasurer's office, Pittston.
This borough

ASSESSED VALUATION— The city's assessed valuation (about
wo-thirds of cash value) and tax rate have been as follows
Total Ass'd Rate of Tax
Total Ass'd Rate of Tax
Tears.
Valuation per $1,000. Tears.
Valuation, per $1,000.
1899
9-45$42,575,845
$1450 1890
$26,527,133
1898
43,000,000
24,047,503
1889
1894
12-50 1880
42,000,000
17,969,908
1891
14-50
40,130,240

MOIR, Mayor.
«-.^t-.
-*-rr^~,.
HO WELL,
SCRANTON.
— ^E.JAMES
HARTLEY, Deputy ComptroUer.

Treasurer.

Total debt Mar. 1, 1900. $54,600
12,500
Sinking fund
Paving and Sewer Bonds—
42,100
4*28, J&J, $33,300.. .Jan. 15, 1915 Net debt Mar. 1, 1900...
1.388,720
Subject to caU after Jan.15, 1900 Tax valuation 1899
Assessment about *4 actual value.
Borodgh Bonds—
1899.$56-50
tax
(per
Total
$1,000)
$14.000
4s
10,302
Bonded debt Mar. 1, 1900.. $47,300 Population 1 890 was
7,300 Population 1900 (estimat'd) 15,000
Floating debt

LOANS—

LXX

Vol.

|

j

I

I

do

...1893
...1893
...1893

do
do

& D
& D
& D

J

41?,

4^
4^

,T

J

June
June
June

1908
1913
1918

1,
1,
1,

TAX FREE.—All bonds issued by this city are tax exempt.
TOTAL DEBT—The subjoined statement shows Scranton's indebt-

edness on the dates mentioned.
Nov. 1,'99.
Total bonded debt
$638,000
Floating debt
209,185

Apr. 4, '99. Apr. 4, '98.
$640,000
$642,000
37,005
32,412

Apr. 5, '97.

$677,005
170,903

$674,412
142,701

$678,479
98,940

$506,102

$531,711

$579,539

$644,000
34,479-

[

|

;

PUNXSUTAWNEY,
This borough

is

CAMPBELL, Burg's.
LOWRY, Secretary.

J.

in Jefferson County.

Sewer Bonds—
4s,
$4*000. July, 1903
Paving Bonds —

J&J. $14,000
Jan. 1, 1928
(Optional after Jan. 1, 1903.)
Bonded debt Mar. 1, 1900. $55,000
Jan. 1.1927 Floating debt
3,387
4s, J&J, $8,000
Total debtMar. 1,1900..
(Optional after Jan. 1, 1905.
58,387
Aug. 1, 1927 Sinking fund
2,611
4s, F&A, $5,000
Net debt Mar. 1, 1900.
(Optional after Aug. 1, 1905.)
55,776
4e, J<SD, $9,C00. .June 1904-1924 Total valuation 1900. ...1,453,181
Street Improvement Bonds— Assessment about 23 actual value.
1903-1921 Total tax (per M.) 1900
4s, J&D, $15,000
$1700
,

4s,

to '20

. .

Population in 1890 was
Population in 1900 (est.)

VALUE of city property, $9,773.
NTEREST on paving bonds payable at Borough
I

2,792
5,500

Treasurer's office

and on the refunding bonds at the First National Bank, Punxsutawney

READING.—
This city

is

ADAM
!

the County

Apr.
A&O, $99,000
Refunding Bonds—
4s, A&O, $200,000... Apr.

1,

J&J, $200,000

Paving Bonds—

1918

Subject to call af r Apr. 1, 1898
4s, A&O, 100,000. .April 1, 1913
Optional after April 1, 1903.

When Due
Water B'ds— (Con.)

Subject to caU after Jan.

1903

4s,
1,

July

1,
1,

1904
1920

4s,

Water Bonds—

A&O. $100,000

1903-1923

($20,000 every fifth year on Apr.
Jan. 1.1902
Jan. 1,1912

1)

J&J. $100,000

1902-1923
($20,000 every fifth year on July 1.)
Bonds—
4s, A&O, $100,000
Refunding Water
1904-1924
Jan. 1, 1919 ($20,000 every fifth year on Apr.l.j
4s, J&J, $125,000
INTEREST is payable at the office of the City Treasurer

J&J, $75,000
J&J, 75,000

TOTAL DEBT-

4s,

Jan.

1,

1900. Apr.

3, '99.

Apr.

4, '98.

Bonded debt(including water debt). $1,355,000 $1,471,500 $1,371,500
Sinkingfunds

139,133

146,063

82,928

Net debt
$1,215,867 $1,325,437 $1,288,572
Net water debt (included above)... $486,000
$513,500
$532,500
TAX FREE.— All issues of the city's bonds are exempt from taxation.

CITY PROPERTY.—The

owns

water works, valued at
$1,776,086, real estate worth $612,900, and other property to the

amount

of $93,000;

1899
1898
1897
1896
1895
1892

city

making a total

its

of $2,481,986.

assessed valuation (about onfr"

and tax rate have been as follows

Real

Personal

Estate.

Property.

:

Total Assessed Rate of

Tax

per $1,000.

Valuation,

$41-30'
$22,994,177
22,137,683
'33v80
20,877,103
20,186,713
34-60
19,619,304
18,597,764
1,021,540
*18,612,773
2763
17,545,388
1,067,385
*1, 189,540
1890........ 15,196,294
16,385,834
1880........
4,582,871
4,680,805
97,934
*This amount includes occupations as well as other personal property.
POPULATION— In 1890 population was 75.215; in 1880 it wa^
45,850; in 1870 it was 35,092; in 1899 ( local estimate) it was 108,000.

$21,645,212
20,423,078
19,529,803

nnTiTirr/
t tt~V
Y
lO*VL_.rL

SEW

is

$1,348,965
1,714,605
*1,347,300

.

—

5

J- C.

|j, a.

CHAPLIN, Chairman

Fin

KNOX, Clerk.

Conu

in Allegheny County.

Var.

F&A, $3,500

(Subject to call at any time)
Street and Sewer Bonds.
1903
$20,000.,
4-9s

Water Bonds—

|

Bonded debt Apr. 1, '99
Water debt (included)

$98,500

75,000
Floating debt
7,128
105,rt28
Total debt Apr. 1, 1899
Tax valuation 1898
3,080,800'
.

Assess't ab't 23 actual value.
City tax (per $1,000) 1898.. .$5-50'

2,750'
Population in 1890 was
Population in 1897 (est.).... 3,500'
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.
5s,

,$200,000... .1902 to 1922
($40,000 ev'ry fifth year on Feb. 1.)

4s,

.

4s,
4s,

Tears.

4128,

LOANS—

Ref'd'g

4s,

ASSESSED VALUATION—The city's

When Due.
LOANS—
Street Imp. Bonds—

Mayor.

E. L.
City Clerk.
seat of Berks County.

Funding Bonds—

$598,644

assets, on Nov. 1, 1899, consisted of bonds of the
redemption loan series of 1893, amounting to $104,000, $129,666 cash.
in the sinking fund and $14,875 cash in the city treasury.

Sewickley

LEADER,
LINDEMUTH,
H.

When Due.

LOANS—

Net debt
The above-stated

third cash value)

Refunding Bonds—

When Due.

LOANS—

.

IRA
J. R.

Total municip. debt. $847,185
Less sinking funds, &c. 248,541

4s

A&O, $60,000.
A&O, 15,000

. .

1903
1
1905

-Apr.

,

William Thomas, Burgess.
SHAMOKIN.
Northumberland County
This borough

is

in

When Due
LOANS—
Purposes—

-

Borough

1905
A&O, 65,000. Oct. 15, 1900 to

4^8, M&S, $10,000... Sept.

9,

4s
Oct. 15, '28
($2,000 yearly to '08,
$2,200 to '18, and $2,500 to '28.)

FUNDING BONDS—

412s,

M&N,

4s.
4a,

M&N,

41^ M&S,

M&S,

$6,000... May 18,
1,000... Sept. 9,
6,000... Nov. 16,
2, 500... Sept. 9,

1903
1905
1904
1905

Refunding Bonds—

4s,
4s,
4s,

J&J, $2,500.

M&N,
M&N,

. . .Jan. 23, 1904:
4,000.... Nov. 9, 1904
10,000. . . .May 1, 1905

Total debt Jan. 1, 1899.. $134,000
Tax valuation 1898
1,644,133
Assessm't about 10% actual value.
Total tax (per $1 ,000)
$72 -0O
Population in 1890 was
14,403

School District Bonds—
3Hs,

...

..$12,000

1911

(Subject to call after 1904.)
1930>
SHs, semi-an., $21,500
(Subject to call after 1905.V

I

TAXES on the above securities are all paid
OPTIONAL— All of the borough's

the

This

the

SHARON

Malin Ewing,

4i}jB,M&N,
4s,

$2,694,440

\ actual value.
$95,000.... Nov. 1, 1915 Boro' tax (per $1,000) '99.. $12-00
in
Population
1890
exempt.
was
7,459
Bonds are tax
Total debt Jan. 1,1900.... $95,000 Population in 1900 (est.) ...10,000
OPTIONAL.— All bonds subject to call at the option of the Council.
Assessment

Refunding

S.
SHARPSBURG.-H.
County.

This borough

is

LOANS.
Water Bonds—
5s,

M&S,

in Allegheny
When due.

. .

Street Improvement—

A&O, $60,000

. .

,

1907-1919

A&O, $62,000

Oct., '08.'1

(8ubjectto call after 1908.)
INTEREST on the water bonds is payable in Philadelphia; on the
electric bonds in Pittsbure\
TAX FREE.— All bonds are exempt from taxation.

When Due. Water debt (included)... $135,000
Tax valuation 1898
2,464,937

LOANS-

REFUNDING Bonds—

Assessm't about 30 p. c. actual val.
Total tax (per$l,000)
$35 00
1923 1924 Population in 1880 was
10,147
5s, J&J, $140,000
Total debt Jan. 1, 1900.. $160,000 Population in 1900 (estim'd) 18,000
OPTIONAL.—All above bonds are subject to call at any time
TAX FREE.—All bonds free of tax to holders.
4s,

1926

J&J, $20,000

Water Bonds—

M. Langworthy,
SHERADEN.-H. County.
Allegheny
When Due.
LOANS—
F&A, $40,000. ...Aug., 1900-16

This borough

5s,

Treasurer.

Bonded debt Jan.

1900..$50,000
Floating debt (additional). 12,000
Assessed valuation '99.. 1,621,410
Assessm't about 75% actual value.
Tax rate (per $1,000) 1899.$12-50
Population in 1900 (est.)
3,500

(Various amounts yearly.)

1902-1927
A&O, $30,000
For amount due yearly see V. 67,
p. 550.

1,

Thos. Ganey, Clk.
BETHLEHEM.—
SOUTH
Northampton
borough
is

County.

in

Market Building Bonds—
When Due.
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 Mar.14, '99. $158,500
4s, A&O, 15,000
July 1,1921 Tax valuation 1898
4s, J&J,
5,964,518
5,000
4s,

J&J,

Assessment

abt. 66 p. c. act. value.
Total tax (per $1,000) '98.. $18-10

July 1,1922

15,000

Redemption Bonds—
Aug. 1,1916 Population 1890 was
10,302
4s, F&A, $69,500
SPTIONAL.—The $15,000 of market building bonds are subject to
ten years from date of issue, at the option of the borough; all
other issues fifteen years.
E. DRTJMHELLER, Chief Burgess.
T. C. DISSINOER, Clerk.
is the county seat of Northumberland County,

SUNBURY.

<T

U.

This borough
The
borough of East Sunbury was annexed March 3, 1896.
Bonded debt May 1, '99. $53,900 Tax rate (per $1,000) '98... $52 -00
Assessed valuation '98.-1,350,000 Population in 1890 was
5,930
Assessment about 5 actual value. Population in 1899 was
12,000
.

>

Samuel
TAMAQUA.—
town
County
This

is

When Due. Bonded debt Feb. 1, 1900 $37,000
Funding & Refunding Bonds— Floating debt
5,500
3i«s, A&O, $47,000 ...Oct. 1, 1929 Assessed valuation 1899.1,661,249
(Subjeot to call after Oct. 1, 1904.) Tax rate (per $1,000) 1899. $2000
Population 1899

TARENTUM.—
F. A.
borough
Allegheny
LOANS-

M&S, $43,000
(Subject to

is

1922
call.)

Population in 1900 (est.).... 5,500
payable at the National Bank of Tarentum.

Smith, Treas.
. .

J&J, $ll?,000..Jan.

1,

1923

Total valuation 1898.. 14,972,544
State & co. tax (per M.),'98. $10-00

Optional at any time.
Bonded debt Jan. 1, 1900.$112,000

Population in 1890 was
Population in 1898 was

payable at Wellsboro.

TITUSV1LLE.—Jules
is

in

52,313
52,000

Wasnington

the county seat.
Wtien Due

is

LOANS-

Bonded debt Feb. 1900 $500,000
Couht-House & Jail Bonds—
Assessed valuation '98.46,712,431
71455
4s, F&A. $500,000. Aug. 1, 1901-26 Population in 1890 was
(Various amounts yearly.)
Population in 1898 (est.)... 90 ,000

Underwood, Treas.

S.

the capital of Chester County.
When Due. Sinking fund
$4,000
LOANS—
124,v00
Street Improvement Bonds— Netdebt Jan. 1, 1900
1929 Tax valuation, real
3s, A&O, $15,000
6>800,485
Tax valuation, personal 448,5 15
(Optional on 60-days' notice.)
Tax valuation 1899
Water Bonds—
7,249,010
1927 Assessment about actual value.
3^28, J&J, $45.500
Redemption Bonds—
Total tax (per $1,000) '99... $11 50
1927 Population 1890 was
8,028
3^8, A&O, $71,500
Population 1900 (est.)
Int. payable by Borough Treas.
10,200
Total debt Jan. 1,1900.. $128,200
All taxes on bonds are paid by the borough.
is

I

I

I

I

Etc.— The borough

in

1899 owned water works,

sehool houses and other buildings valued at $275,000.

WESTMORELAND
Commissioner.

LOANS—

County Bonds—

(Now subject to
Total debt Jan.

1,

D. Reamer,

seat is Greensburg.
Due. Tax valuation 1898.. .$61,356,018
State &Co. tax (per M.) '98.. $7-00

.,$25,000

4s,

CO.—W.

County
—When
call.)

1920 Population 1890 was
Population 1899 (est.)

112,819
160,000

1900 ..$25,000

WILKES-BARRE.-Frank Deitrick, Clerk.
Wilkesbarre

in Luzerne County.

is

LOANS—

When Due. ($8,000 yearly on Feb.l to 1919 &
Improvement Bonds—
$9,000 yearly to 1929.)
F&A, $100,000. Aug.l905-'29 4e, M&S, $150,000.... Mar. 1, 1928
Refunding Bonds—
(*3 subject to call after 1908 and

3I3B,

io after 1918.)
$100,000.-1902 to 1927
1904-1924 Tax valuation 1B99
50,000
$8,857,782
($10,000 due every 5 yrs. on May 1.) Actual valuation
35,000,000
Mar. 1, 1908 Total tax (per $1,000) '99.. $49-00
4s, M&S. $20,000
(Subject to call after 1903.)
Tax valuation 1880
2,822,931
4s, M&S, $40,000
Mar. 1, 1908 Population 1890 was
37,718
1905-1929 Population 1899 (est.)
3*28, F&A, 210.000
55,000
TOTAL DEBT, ETC.—The city's bonded debt on July 19, 1899,
was $419,100; floating debt, $89,082 total debt, $508,182. The city
has no water debt.
CITY PROPERTY.—The city owns property valued at $246,721.

4^8,

4*28,

M&N,

;

Assessed valuation »99..$9,857,782
'99. $15-00
55,000

F&A, $35.000
1910 1914 8chooltax (per $1,000)
Bonded debt Feb.l, 1900.$152,000 Population 1899 (est.)
5s,

WILKINSBURG.-James G.

Storer. Secy.

Allegheny County.

is in

Amount.

M&S

.$140,000

Street Bonds—

J&J

4s, ....,$30,000
1918
Total debt Jan. 1,1900... $285,438
Tax valuation 1898
8,046,965
Assessment >ibt. 75 % actual value.
Total tax (per $1,000) '99... $12-40
Population in 1890 was
4,662
Population in 1899 (estim'd) 15,000

$40,000
108,000
1901-1915
$14,000
(1 bond in '01 &'03 and then ann.)
TAX FREE—The sewer bonds are exempt from taxation.
INTEREST is payable at the First National Bank of Wilkinsburg.

4»28,
4128,
48,

J&D

Mavor.
~
WILLIAMSPORT.-SIdwaWILLIAMS.

When Due. Bonded debt Jan 1,1900. $105,200
Refunding Bonds—
Tax valuation 1899
2,200,000
3s, F&A, $25,000.... Aug. 1,1919 Taxiate(per$l,000)'99
15'00
$80,200

1,

Population in 1890 was
Population in 1898 (est.)

1909.)

Jan. 1.1920

8,073
9,000

1910 )
INTEREST is payable by the City Treasurer.
CITY PROPERTY.— The city owns a water works and electric light
plant, and other property and assets amounting to about $278,992,
(Subject to call Jan.

1.

Titusville School District.
Tot. bds., 313s, Jan. 1. 1900.$22.400

Tax valuation 1899

2,200,000

is

the capital of Lycoming County.

City

When Due.

Bonds—

City Hall
4s,

M&N,

I

|

Tax

—

Bonds—

$70,000.

. .

.May

1,

May 1,
Refunding Bonds—
Subject to call after

1923
1903.

M&S, $500,000. Sept. 1, 1929
(Subject to call after 8ept. 1, 1909)

rate (per$l,000), '99. ..$12-00

WILMERDING.-C.
This borough, organized in 1S90,

LOANS-

When Due.

Building Bonds—
OND8—

M&S, $5,000
School Bonds—

Mar

A&O, $26,000

Apr.

5*28,
5s,

190
1.

1911

Street Improvement Bonds—
5s,
5s.

A&O. $61. 000

A&O, $32,000

TAXF REE.

is

Bonds

all

tax exempt.

paid bv Citv Treasurer.

Bondeddebt Feb.l, 1900 $656,000

M&S,

$86,000.... Mar. 1,1925
Subject to oall after Mar. 1, 1905.

4s,

Interest

Sinking fund
25,000
Net debt Feb. 1, 1900... 631,000
Tax valuation 1899.... 9.200.000
Assessm't abt. 50% actual value.
Citv tax (per $1,000) lS99..$14-80
Population 1S90 was
27.132
Population 1900 (est.)
33,000

TAX FREE.— AH bonds are exempt from

Crawford County.

(Subject to call Aug.

This city

3*28,

A. C. Dubar, Compt/r

LOANS—

3ks,

Lockhart,

E.

Clerk County Commissioners.

LOANS—

When Due. Tax valuation, real. $13,786,419
Tax valuation, pers'nal 1,186,125

County Bonds—

This city

WASHINGTON CO.— Geo.

71

LOANS—

is

$5,954

Total debt June 16, '98.. 127,254
Tax valuation 1898
4,863,927
Tax rate (per $1,000) 1898..$21>0O
Population in 1890 was
7,063
Population in 1898
8,000

1908-1912
A&O, $60,000
Oot, 1,1913
36s, J&J, 75,000
due
yearly)
to Oct 1.1917
($15,000
Bonded debt June 16, '98. $121,300

4*28,

County seat is Wellsboro.

Interest

When Due. Floating debt

Paving Bonds—

LOANS-

Bonds—
M&S, $9,000

TIOGA COUNTY.- •Richard H.
4s,

is in

LOANS—

Sewer Bonds—

.

M&S. $ir>,000.... Sept. 1, 1928
(Subject to call Sept. 1, 1908.)

INTEREST

This

This borough

Sept. 1, 1928
(Subject to oall Sept. 1, 190S.)
.
$10.1)00
5s,
Bonded debt Mar. 1900.. $79,300
Assessed valuation '99.-1,729,150
Assessm't about 70% actual value.
Total tax (per $1,000) '99.. $23-50
Population in 1*90 was. .. .4,627
5s,

Sewer Bonds—
5s,

7,500

Ready, Clerk.

Building Bonds—
6s,M&S,$3,300
Eleotric-Light Bonds—
5s,

(est.)

County.
Paving
When Due.

in

WASHINGTON.borough
Washington County.

Building Bonds—

in Schuylkill

is

of Turtle Creek.

Wilkes-Barre School Dist.-{2 r w Mofs;™rkE,Pre8

Beard, Clerk.

LOANS—

This

Bank

WATER WORKS,

is in

4s,

This

,$46,000

This borough

Schuylkill County.

3,000

INTEREST on the borough bonds is payable at the Chemical National Bank, New York City, and on the school bonds at the Citizens*

WEST CHESTER.— W.

SHENANDOAH.—
Shenandoah
is in

Population 1897 (est)

4s,

5s, M&N, $11, 000.
.$1,000 yearly
Total debt Apr. 1 '99.
$1 57,500
Total valuation 1898... 3,325,000
Assessm't about 60% actual value.
$13-25
Total tax (perM.) '98
Population in 1890 was
4,898
Population 1899 (estimated). 7,500

$33,000.... $2,500 yearly

($5,000 annually.)

4s,

Ayers, Treasurer.

Electric Lights—

Sewer Bonds—
4s,

is

M&N,

4s,

A&O,

4*28,

When Due. Tax \aluation 1899

LOANS——

1925
1925
1904-1929

50,000
42,000

School Bonds—

Mercer County.

in

is

Bokoigh Bonds—
A&O, $20,000

4*28,

Secretary.

Is in Allegheny Co.
Jan. 1, *99.. $70,000
Assessed valuation '99. 1,634,580
Assessment about % actual value.
Tax rate (per $1,000) '98. ...$16-70

LOANS—

issue

are subject to call after Ave years from date of issue.
INTEREST is payable at the office of the borough treasurer.

This borough

73

?£NN SYLVAN A-CITIES ANB TOWNS,
by
borough.
— borough
TURTLE CREEK..
bonds except
$65,000
When Due. Borough debt

April, 1900.

The

C.
is in

taxation.

Cowell, Clerk
Allegheny County.

Total debt Feb. 1. 1900 ..$123,000
Total valuation 1899
2,100,000
Actual v;Uu<> (est.)
:LOOO,000
'99.
tax
qn-r
Total
$1,000)
.$2300
Population in 1690
419
Population in 1900 iestim*d).4,000

Oct. 1, 1915
Oct. 1, 1926
gtroet iinprovanient bonds are free

WH

from taxation.

74

STATE AND CITY SUf ft£W£NT,

YORK-jS
HENRY

W. BRANT, Mayor.
W. EI8BNHARr, Comptroller.

York

the capital of V<u-k County.
When Due. Bonded debt Oot. 1,'99.. $184,000
LOANS—
Highway Imp. Bonds—
104,636
8treet-pav. loan(add'l).
4s, J&J, $21,000
283,636
July 1, 1914 Total debt Oct. 1, 1899..
39,000
14,509
Oct. 1, 1912 Sinking fund assets
48..A&0,
4s, A&O, 30,000
Oct. 1, 1916 Tax valuation 1899. ..12,453,000
4s, A&O, 40,000
Apr. 1,1917 Assessment about 23 actual value.
4s, F&A, 17,000
Feb., 1910 Total tax (per $1,000) '99.. .$20-50
4s. M&8, 10.000
20,793
Sept.1,1915 Population in 1890 was
4s. A&O, 27,000
13,940
Oot. 1, 1911 Population in 1880 was
Interest is payable at York, Pa.
Population in 1899 (est.) .30,000
(Subject to oall before maturity.)
TAX FREE.— All of the above securities are exempt from taxation.
CITY PROPERTY.—The city in 1899 »wned public buildings and
available asset* amounting to $115,386 21.
.

York School District. —John
J&D,

$165,000... June 1906-'28
($5,000 yearly to 1906, $6,000
1907 to '28, $9,000 1924 to '26,
and $13,000 yearly therafter.)
4si«, M&8, $38,000 ....1905-7-9-11
(8ubjoct to call before maturity.)

4s,

F. Rudisill, Sec'tary.
Bonded debt Jan. 1, 1900.$203,000
Assessed valuation '99 $11, tiOO.000

Assessment % actual value.
$5-00
School tax (per M.) 1899
25,000
Population 1900 (est.)

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 inoluded among the foregoing returns. We add in each case the
population from the Census of 1890. In the second table we give the
indebtedness of other civil divisions of the State, not included among
the foregoing.
PopuAssessed
Total
lation.
Valuation.
Name of County.
Debt.
33,486
Adams
$11,767,794
$5,029
46,747
Armstrong
78,222
9,525,505
50,077
Beaver
25,771,470
9,000
38,644
Bedford
15,500
8,869,386
137,327
Berks
124,754
78.732.244
70,615
Bucks
No debt.
38.435.245
55,339
14,361,356
Butler
32,000
66,375
Cambria
No debt.
26,683,390
7,238
41,500
932,949
Cameron
38,624
Carbon
117,000
5,662,694
43,269
Centre
11,588,352
8,352
36,802
Clarion
No debt.
8,631,340
Clearfield
69,565
141,000
18,452,317
36,832
Columbia
128,162
11,808,128
47,271
Cumberland
No debt.
22,363,498
22,239
Elk
3,721,001
22,700
No debt.
Erie
42,785,984
86,074
8,482
Forest
35,000
2,324,767
Franklin
51,433
,
17,791,374
5,000
Fulton
2,179,850
10,137
3,673
No debt.
28,935
Greene
14,500,000
44,005
Jefferson
33,200
12,468,136
Lawrence
No debt.
19,482,096
37,517
48,131
Lebanon
34,100
30,548,623
76,631
Lehigh
No debt.
40,460,116
46,863
MoKean
10,000
6,807,364
Mercer
55,744
No debt.
23,000,000
Mifflin
61,975
19,996
3,436,370
Northumberland
74,698
160,000
12,004,654
9.412
Pike
1,267,642
3,000
22,778
Potter
No debt.
10,177,116
17,651
Snyder
2,073
4,741,342
Somerset
4,500
37,317
11,024,500
11,620
Sullivan
54,496
1,687,513
No debt.
Susquehanna
4,292,705
40,093
17.8Z0
Union
25,000
7,368,055
No debt.
46,640
Venango
13,000,000
Warren
96,500
10,136,972
37,585
Wavne,
21,858
4,511,940
31,010
Wyoming
40,000
15,891
3,689,005
200.000
York
99,489
43,504,074
Total
PopuCities, Boroughs, etc.
Assessed
Tax
Debt.
Valuation. Rate,
lation.
Ambler (Bor.), Montgomery Co... $29,600 $1,032,100 $20-00
1,077
*1,067
AspinwaU (Bor.), Allegheny Co. 55,000
850,000 1590
*1,750
Canton Townbhip Sch. Dist
20,500
1,148,317
Carlisle School District
56,050
600 *10,000
3,250,000
Catasauqua (City), Lehigh Co.. .. 39,883
1,524,005 1800
18 00
3,704
Clifton H'ights (Bor.), Delaw'e Co 30,140
839,856 15-50
1,820
Cdnshohocken (Bor.),Montg. Co.. 42,000
2,500,000 12-00
5,470
Coraopolis (Bor.), Allegheny Co.. 82,000
962
1,500,000 10-00
Crafton (Bor.), Allegheny Co
48,000
1,582,000 12-25
Duquesne (Bor.), Allegheny Co.. .198,000 3,897,425 19-75
Edgewood (Bor.), Allegheny Co.. 49,500 1,502,345 8-00
616
Elizabeth (Boro.), Allegheny C»..
9,500
700,675 20-75
1,804
*
Elwood City (Bor.), Lawrence Co. 34,000
637,627
3,500
Etna (Bor.), Allegheny Co
97.500
2,080,290 17-00
3,767
Franklin (City), Venango Co
25,000
6,221
1,873,000 33 00
(Bor.),
Greensburg
Westm'l'd Co. 93,261
*7,500
4,363,080
Greenville (Bor.), Mercer Co
29,884
*6,500
1,543,637
Jenklntown (Bor.), Montg. Co
36,900
1,222,050 1450
1,609
KennettSq (Bor.), Chester Co.. 40,000
826,505 14-00
1,326
Landsdale (Bor.), Montg'ivy Ce... 38,390
1,200,000 13-50
1,858
Mechanicsb'g (Bor ), Cumber. Co.. 31,700
1,538,338 14-50
3,691
Mt. Carmel (Bor.), Schuylkill Co. 62,255
897,976
333
North East (Bor.), Erie Co
41,250
823,369 16-00
1,538
Oxford (Bor ),CliesterCo
39,500
995,880 1500
1,710
Plymouth (Bor.), Luzerne Co
27,277
870,687 19 00
9,344
9-00
Rankin (Bor.), Allegheny Co
78,000
1,569,000
Renovo (Bor.), Clinton Co
46,000
636,676 17-00
4,154
Rockledge (Bor.), Montgom. Co.. 20,000
304,350 10-50
*5,000
Scottdale (Bor,),Westmorel'dCo.. 75,500
1,735,671 17-50
* 4,000
Shippensburg (Bor.)
28,800
838,365 17-50
11-00
Souderton (Bor.), Montgom. Co.. 23,325
470,000 1100
679
60. Washington (Bor.) Wash. Co.. 13,500
577,813 1600
25-75
Steelton, Dauphin Co
50,000
4,072,990
9,250
l,70f>,584 11-00
Tarentum School District
59,500
*6,000
Tyrone (Bor.), Blair Co
27,400
1,500,000 19-75
4,705
Warren (Bor.), Warren Oo
45,000
2,194,314 25-00
4,332

'Population estimated.

LXX

State of Delaware.

is

.

Vol.

ITS

DEBT, RESOURCES,
Admitted as a State
Total area of State (square miles)
State Capital,

One

.

Governor (term expires Jan.,

Etc.
of Original Thirteen
2,120

--

1901)

Dover

Ebe W. Tunnell
James H. Hnghes

-

....

Secretary of State (term expires with Gov.)
.
Treasurer

Lewis H. Ball
Legislature meets biennially in odd years on the first Tuesday in January, and pay is limited to 60 days.
HISTORY OF DEBT.— Tne historical details of Delaware's State
debt from 1865 to 1894 will be found in the State and City 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 -

Interest.

>

—

.

Principal,

,

>

NAME AND PURPOSE.
Bond iss. to school fund

Wlien Due. Outstanffg.
Rate Payable.
July
July 1, 1906 $156,750
1881. 6
Cer. to Delaware Collegel877 6
perpetual
83,000
J & J
Hospital improvement 1895
3^ J & J July 1, 1915
35,000
Subject to call on or after July 1 1906.
Partofeer. "B" refund. 1887 3
June 1, 1907 $250,000
J
Subject to call on or after June 1, 1897.
Refunding, 1897
3
J & D Dec. 1, 1927
245,000
Subject 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
.

.

&D

in Philadelphia.

TOTAL DEBT,

ETC.—The

on March

total liabilities

1900, were

1,

The

assets on Mar. 1, 1899, were $934,743; assets in 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
State in 1890 was $74,134,401; in 1897 it was $77,632,079.

$769,750.

DEBT LIMITATION.—Neitherthe new

Constitution (adopted

June

nor the old Constitution nor the State statutes oontain any
general provisions authorizing bond issues or limiting the debt-makinj
power, except that the new Constitution
4, 1897,)

(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-fourths 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 aots to
provide for special occasions and needs.
POPULATION OF STATE.—The population of Delaware has been
as follows in the years mentioned
1890
112,216 1830
168,493 1860
76,748
1880
146,608 1850
91,532 1820
72,749
1870
125,015 1840
72.674
78,085 1810

Counties and Towns

Cities,

IN

THE

STATE OF DELAWARE.

KENT COUNTY.— County
LOANS—

Dover.

1

j

Optional

$40,000

Certificates—

I

I

Optional
Optional
Optional

semi-an., $9,800
semi-an.
5,000
4^8, semi-an., 12,500
6s,
5s,

Is

When Due. Bonded debt Jan.

County Bonds4s, semi-an.,

seat

,

Population in 1896

NEWARK.. — George W.
Newark is in New

$40,000

1,'98..

Floating debt certifs...
27,300
Total debt Jan. 1, '98...
67,300
Tax valuation 1897
14,282,672
$4-70
Co. tax, per $1,000 '97.
Population in 1890 was
32,664
(est.)... 33,000

Williams, Treasurer.

Castle County.

When Due. Tax valuation,
Tax valuation,

LOANS

Electric-Light Bonds—

real
$700,000
personal..
40,000

1903 Total valuation 1899
J&D, $2,500
Refunding Water Bonds—
County tax (per $1,000)

740,000

5s,

1926

,$37,000

4s,

(Subject to call after 1906.)
Bonded debt Feb. 1, 1900. $39,500

INTEREST

NEW

is

CASTLE

CO. — County seat

When Due.

LOANS—

J&J $69,000.. July

1914 to
($10,000 due yearly) July 1, 1920
1,

Bridge Bonds 1893—

5s,

(per $1,000) '99... 10-00

Population 1890 was
Population 1880 was

1,191
1,148

payable at the National Bank of Newark, Delaware

Refunding Court H. Loan—
3*28,

Town tax

'99.. $600

M&N, $100,000, g. Sept.

$10,000 due yearly to Sept.

Funding Debt—

1,
1,

is

Wilmington.

Refunding Bonds—
4s, ....

1910-1924

$150,000

($10,000 yearly on Dec.

Work House Bonds—

1.)

3^8, J&J, $100,000. July 1, 1919
1904 (Subject to call after July 1. 1904)
1913 Total debt July 1, 1899. $666,000
Total valuation '99

46,196,481

Assessment ^ to ^ actual value.
1904-1909 County tax (per $1,000) '99. .$600
M&N, 60,000, g
Population 1890 was.
97,182
($10,000 due yearly.)
Population 1880 was
77,716
Payments on loans for benefit of Trustees of Poor are now beru g
made.
TAX FREE.—All bonds issued by this county exempt from taxation
5s,
5s,

J&J, $78,000

INTEREST

is

. .

.$10,000 yearly

payable by County Treasurer, Wilmrngton.

April,

WW1/W-BEBT

1900.

SUSSEX COUNTY. — Georgetown
4s,

the county seat

When Due. Total debt Mar.20.1900.

LOANS68,

4i23,....

is

$67,000
Assessed valuation '97.10,570,232
Population 1890
38,647

$17,500.
12,500.
12,500.

W

30m c FAHEY
—NewDR
WILLIAM HAMANN.
—
— When

r
\A7TT
lVrTMr^
rO'Nr
1I_1V1
1 IN Lx 1 ^1N

The city of Wilmington

-

-

Funding loan

-Principal.Due.
Outstand'g.

P. Ot. Payable.

Park loaD
No. 33
do
do
do
1898
do
1898
Crematory loan
Street and sewer bonds.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1896
do
do
1896
do
do
1896
do
do
1897
Water loan (reser.) No. 25
do
(reser.)
do
do
do
Sinking fund loan
do
do

Nov. 1, 1900-'04
$7,000 yearly.
1915 to 1917
°\ part each year.

M & N|

4^

No. 29

3Hj

1926
1926
1901 to 1907

29,400
?

$1,500 y'ly in Apr.

\

412
412
4>2
4*2

1921
1921
Oct.
Apr.
1922
1922
Oct.
o Oct.
1918
Apr.
1919
Oct. 1, 1919
Apr. 1, 1920
o
Oct. 1, 1920
Q
Apr. 1, 1921
Oct. 1, 1924
Apr. 1, 1925
o
Oct. 1, 1925
1925-1926
July 1, 1900'08
J
$6,000 yearly.
Sept. 1900 to '11
»\ $3,500 yearly.
O var. 1913-1914

&
M&
4^ A &

O
o

A
A

4
3i2
4,

Oct.

Apr.

J

4^,

20,*<00

1,
1,

etc.

10,500
45,100
50,950
52,500
1,150
12,150
43,900
45,250
46,600
48,050
4,050
67,000
62,650

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

1

,650

75,000
50,000

;

1

41,000
60,000
25,000
60,000
702,050
176,000

Oct. 1, 1919-'23
var. 1914-1915
Various.
1910 to 1913

A & o

4

$

1925
Apr.
j

4
4

.No. 31
.No. 32
.No. 32

1924

A&Ol,

o
o
o
o

I

TAX FREE.—All bonds of this city are exempt from taxation.
INTEREST

on

all

TOTAL DEBT,

bonds payable at the

office of

the City Treasurer.

Etc.—The subjoined statement shows Wilmington's

total municipal debt

and the water debt on the dates named.

Total
Debt.

Available

Total

Assets.

Assessed Val.

Tax Rate
per $1,000-

Years.

Funded

1899
1898
1897
1896
1895
1894
1893
1892
1890
1884
1880

$l-77ifl
$611,539,646
1-7712
603, 3*6,096
$6,251,958
I77I3
6,335,908
607,965,272
540,461,747
1-77^
5,916,433
1-77^
5,679,733
534,930,476
5,303,233
529,138,103
17712
6,025,414
524,056,241
l-77^j
515.137,528
5,602,699
1771a
482,184,824
17712
6,278,907
3,992,851
469,593,225
VH7^
l'87i2
3,649,442
459,187,408
LIMITATION.—There is nothing in the Constitution of
..

$9,284,986
9,284,986
9,284,986
8,684,986
8,684,986
8,684,986
8,684,986
10,691,124
10,965,934
11,277,110

DEBT

$35,000
I

150,000
50,000
25,000

4
4
4
4
4

4
4
4
4
4
4
4

No. 26

Treasurer.

Castle County.

Interettt.

NAME AND PURPOSE.

Mayor.

L.

\

is in

LOANS-

*

-

$

.

75

OF STATE.

-ue8
Maryland limiting the powerof the Legislature to authorize
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 towne
oan issue bonds. This power is lodged in the Legislature, and is delegated 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.

POPULATION OF STATE447,040
687,049 1830
1890
1,042,390 1860
407,350
1880
934,943 1850
583,034 1820
780,894 1840....,
470,019 1810
380,546
1870
Of the total population in 1880 22*49 per cent was colored and in
In number, blacks were 165,091 in 1850
1890 2092 per cent.
171,131 in 1860; 175,391 in 1870; 210,230 in 1880; and 218,004 in 1880.

SAVINGS BANKS INVESTMENTS.-There are in
banking laws under which savings banks maybe

this State genorganized, and
yet we notice that even in 1890 a special charter was granted 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 «f receiving from any person or persons, or bodies corporate or
politic, any deposit of money which shall be invested or loaned out on
good security in the discretion of the directors; provided that no part of
the funds of said corporation shall be loaned to any officer or director of
such corporation.
In the special law passed in 1890, 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 be loaned to an officer or director thereof."
We cannot discover any marked difference in the two provisions
cited, 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 always a legitimate part of the business of savings banks.

eral

'

'

Jan. 1, 1900. Jan. 1, 189S. Jan. 1, 1898'
Total bonded debt
$1,965,100
$2,034,450
$2,018,000
The net indebtedness of the city in 1880 was $1,372,450.
ASSESSED VALUATION.—The assessed valuation ofreal estate
for 1899 was $29,737,037; in 1891 it was $33,813,543. Property is assessed at about 6 its actual value.
Personal property is not taxed.
For 1898 the tax rate per $1,000 was $20-00.
POPULATION— In 1890 population was 61,431; in 1880 it was
42.478 in 1870 it was 30.841; in 1899 it was (estimated), 75,000.
:5

Counties and Towns

Cities,

;

IN

THE

STATE OF MARYLAND.
—

Note. For debts of civil divisions not found among the statement*
given below, see " Additionul Statements" at the end of this State.

State of Maryland

ALLEGANY
CO
Cumberland.
County

ITS

seat

DEBT, RESOUKCES,
Admitted as a State

-

-

-

Total area of State (square miles)
State Capital

....

School House Bonds—
4s,

12,210

Annapolis

,

A&O, $70,000

LOANS—

NAME AND PURPOSE.
Exchange loan of 1888

,

Pate Payable.
3

,

Principal,

.

When Due. Out stand' a.
1903

$7 400

3^ J & J
1911
100,000
Optional after July 1, 1906.
Penitentiary loan, 1896
3^ J & J
1911
500,000
Optional after July 1, 1906.
Oonsolidat. loan of 1899
3
J & J Jan. 1, 1914 5,401,926
(Subject to call after Jan. 1, 1909.)
Insane Asylum, 1896

TOTAL DEBT. SINKING FUNDS,
shows Maryland's

total State debt,

ETC.-The subjoined statement
and the sinking fund held by the

same on the dates named.
Jan h 190 °- *«/>< 30/99.
,..

State against the

m
.
-.
* *
Total
funded
,

*

debt.... $6,009,326
Sinking funds, &o.... 3,121,283

Net debt

$2,888,043

$5,709,326
*3,112,283

$2,597,043

Sept. 30/98. Sept.

$9,284,986
6,251,958

30/97.
$9,284 986
6,335,908

$3,033,028

$2,949,078

* The $3,112,283 included in "sinking funds,
&c," on Sept. 30 1899
above was composed of $1,500,000 mortgage bonds of the Northern
Central Ry., $971,813 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 $2,597,043 Sept. 30, 1899. the State had as an
•nset her unproductive stocks, amounting to $8,099,627, and $695 992
duo from accounting ollicers and incorporated institutions.
Th.S reoei Pts of the State for the year ending Sept. 30, 1899, amounted
7
S8
balauce in treasury Sept. 30, 1898, $566,351; total.
*1
!St !!2-A 2i
S4.3o7,6o0;
disbursements, $3,649,724. The cash balance in the
treasury on September 30th, 1899, amounted to $707,926.

S S § EP* Y ALUA T nj ETC.-The following table shows the
t.£§
total Jr
funded debt, available assets, assessed valuation and tax rate.
I

P

(est.)

41,571
was.44,000

1925

$50,000

Subject to call after 1915.
OPTIONAL.— All of the county's bonds are subject to oalL
INTEREST on court house bonds is payable by Hambleton & Co.
Baltimore; on insane asylum and school house bonds at Cumberland.
TAX FREE.—All bonds are exempt from county taxation.

ANNAPOLIS.— Wm.
This city

historical details of Maryland's State
will be found In the State and City Sup-

—

Population in '99

H.

Rullmax,

Collector

and Treasurer.

HISTORY OF DEBT.— The

Interest

1901-1914

'99.. $8-70

($5,000 due yearly.)
4s, .....

nesday in January, and sessions are limited to 90 days.

-

Miller, Clerk.

County tax (per $1,000)
Population in 1890 was

($5,000 due yearly.)

of Original Thirteen

Governor (term expires 2d Wed. Jan., 1904) - John W. Smith
Sec'ry of State (term expires with Gov'r) - Wilfred Bateman
Treasurer (term expires Jan. 1902)
Murray Vandiver
Comptroller (term exp. Jan., 1902) - Dr. Joshua W. Hering
Legislature meets biennially in even years on the first Wed-

debt from 1824 up to 1893
plement of April, 1893, pages 72 and 73.

J.

When Due. Bond.debt Feb.20,1900. $225,000
LOANS—
Tax valuation 1899 .. 20,739,540
Court House Bonds—
1915-1934 State tax (per $1,0'00)..
4s, A&O, $100,000
$1775

Etc.

One

-Wm.

is

is

Anne Arundel County.
When Due. Net debt Jan. 1, 1900
$34,206
June 1,1903 Floating debt (additional) 23,562

the county seat of

LOANS—

J&D, $30,000....
($5,000 every 5 yrs.) to June 1. 1928
City bonds
$13,000
Bonded debt Jan. 1, 1900.. 43,000
Sinking fund
8,794
5s.

Assessed valuafn, 1898.2,950,000
Tax rate (per $1,000) '99.. $18,075
Population in 1890 was
3,902
Population in 1900 test.)... 10,000

ANNE ARUNDEL CO.— R. Tillman Brice,
Treasurer. — County
When Due
seat

LOANS—

County Bonds—

5s, J.

&

J.,

$20,000

.July 1, 1902

($5,000 every 5 yrs.) to July 1,1917

School House Bonds -

5s.

J&J, $10.000

July

1,

1900

Annapolis.
$30,000
Floating debt
Total debt
70,000
4,000
Sinking fund assets
66.000
Net debt Mar. 1. 1899.
74,000
School bonds, addition'l
Tax valuation 1899. ..12.033,838

is

.

($2,000 every 2 yrs.) to July 1,1909
5s,J&J $37,000/08-08-13-18-23-28
($7,000 due each 5 yrs. and $2,000

Assessment

%

actual value.
State tax (per $1,000) '99... $1-77
County tax (per $1,000) '99. $630
$2-50
Average school tax '99

in 1928.)

is

Bonded debt Mar. 1,1899. .$40,000 Population 1890 was
TAX FREE.— AU bonds are exempt from county and State

BALTIMORE
lmv-,nc"

STHOMASG. H AYES. Mayor.
geo. N. NUMSEN. City Register.

1

A new charter for Baltimore was
22, 1898.

—

LOANS-

Refunding
Four million
Consolidated refund.,
Funding loan
Funding loan of
Conduit loan of

Refunding

enacted by the Legislature March

—

Interest.
K<*tc
a\/ablc.

NAME AND PURPOSE.
City Hall. 1874

34,094
tax.

r

1895..

1890.r
1870.
1878.
1899..
1900..

6
313
§19
313
8
5
313
3i*i

P

Q-J
J&J
M
8
A;

J

When Due.
Mch.
July
Mch.

A J Mulv
Q-J tJulr

MAN
J&J
J&J

>
Principal.
Outstand'g.

1

7.
1,
1,
1.

tjnl'v
Jan".

1,
1,
1.

Jan.

1,

1902 *500,000
19S6xl.453.SO0

1945x3,592.500
1930x5,000.000
1900
800,000
1916x1,000.000
1922
3J0.000
1940 3.500,000

SW£

76
LOANS—

Interest.

P. Ct.
name and PURPOSE.
Harford Run Improvement. r 4

& J
& J
& J
M& 8

J
J
J

r

r

tJan.

Nov.
July
Sept.
Oct.

Q—

M&N
& J
M&N
M&N
M&N

tNov.
Jan.
tJuly
tNov.
tNov.
Jan.

J

.

do
do

Principal.
Outstand'g.

When Due.

Payable.

do Sewer
do
r 4
Internal Improvement
r 3>s
McDonotfh Extension, 1893.. 5
Patterson Park
r 4
Paving
1881. r 4
Pnblio Improvements.1893
3»a

Water

—

5

4
r 4
Western Maryland.... 1872. r 6
do
do
1882. r 4
do
do
1887. r 3H

& J
& J
& J

July
Jan.

M&S

Mar.

J
J
J

bBonds Guaranteed—
Refund. West. Md.RR.,3dM 3>«
Overdue stock, no interest allowed..

frW® CITY SUP fiEWEWT.

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

1920 x$250,000
1904 X350.000
1928x4.850,000
1916 X280.000
1920 x200,000
1920 x500,000
1940x6,000,000
1916x5,000,000
1922 X500.000
1926x1.000,000
1902 1,000,000
1925 X684.000
1927 1,704,000

1,

1950

1,
3,
1,
1,
1,
1,
1,

Payable on or after this date at option of city,
x Exempt from State of Marvland taxes.
Bonds are all registered and for $100 or
PAR VALUE, Etc.
t

multiples of same.
INTEREST on the City Hall loans, consolidated loan of 1890, West.
Maryland RR. loan of 1887, Patterson Park loan due 1920, and on funding loan of 1870, Is payable at the American National Bank of
Baltimore on the refunding 1936, the four-million-dollar loan of 1945
and MoDonough Extension loan of 1893, at the National Exchange
Bank of Baltimore; on the remaining Western Maryland bonds at the
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 loans
at the National Mechanics' Bank of Baltimore.
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.
;

TOTAL DEBT. SINKING FUND,
Cross water debt
Water sinking fund

($2,000 due yearly on Oct.

Turnpike Bonds—
4s,

J&J, $24,500

Jan.

1,

($500 yearly) to Jan.

1,

INTEREST

Dec. 31, '97.
$7,198,000

847,440

$6,805,518
$29,640,683
4,175,247

$6,350,5 60
$28,972,576
3,528,958

$25,465,436
$37,570,683

$25,443,618
$36,170,576
4,376,398

.

mm

Ml Netlgeneral debt

$26,048,838
$39,140,182
6,212,076

Total bonded debt
Total sinking funds

5,299,729

Net general* water debt.$32,928, 106 $32,270,954 $31,794,178
Against the net debt of $32,928,106 on Dec. 31, 1899, the city
reports productive assets amounting to $12,302,519; $12,300,000 of
this representing the cash price of the water works.
On Dec. 3 1,1899, besides the above assets, the city held unproductive
assets to the amount of $9,360,307, consisting of stock and mortgages,
with accrued interest thereon, of the Western Maryland RR. Co.; also
stock of the Valley Railroad Co. The value of city property was
$11,500,000.

INTEREST CHARGE.— Of

total debt Dec, 1899, ($39,140,182)
was payable from taxation on only $25, 57b", 800.
ASSESSED VALUATION, Etc.— City's asseseed valuation (about
80 per cent cash value), and tax rate have been as follows

interest

:

Rate of Tax
per $1,000.
$21-575
$238,145,991 $121,844,980
$359,990,871
24-27
232,500,000
130,000,000
362,500,000
21-7713
126,554,055
233,872,443
360,426,498
17-50
80,975,572
331,773,128
250,797,556
a.895
20-25
65,000,000
274,000,000
1890 (about) 209,000,000
17-8719
200,775,614
64,784,338
265,559,953
11886
65,106,367
252,122,991
187.040,624
15-57ifl
B880
POPULATION.— In 1890 population 434,439; in 1880 it was
332,313; in 1870 it was 267,954. Population 1899 (local authority)

Tears—
R899
1898
1897

Real.

-Assessed Valuation.
Personal.

PRINCE
GEORGE'S CO.
County
Upper Marlborough.
seat

July
July

1,
1,

HOWARD M. FULLER.City Clerk.

Cumberland is the capital of Allegheny County. The bonded debt of
this city on June 1, 1898, was $533,000. For details of bonded debt,
valuations, &e., see State and City Supplement for October, 1899.
Bonds are tax free.

I

10,000... July

1,

1908

J&J, $80,000

July

1.

1922

CHILTON, Mayor.
GITTINGER, City Register.

FREDERICK.—
Se/
FrederiekCounty.
county
A.

seat of
The
IRefunding Bonds— When

Due. Bonded debt May 1, '99. .$547,500
4s -J&J, $512,500..... July 1,1918 Sinking funds
43,652
ubject to call after July 1, 1903 Net debt May 1, 1899.... 503,848
Tax valuation 1898
Reservoir Bonds
3,665,299
July 1, 1924 Assessment about * 5 actual value.
4s,JT&J, $35,000
Subject to call after July 1, 1904 City tax (per $1,000) '99.... $1000
Total tax (per $1,000) '98. .20175
Water Works Impt. Bonds—
July 1, 1929 Population in 1890 was
4s, J& J, $35,000
8,193
Population in 1899 (est.)
(Subject to call July 1, 1909.)
9,000

—

t-

^ Interest payable in Frederick.

57. d nCTRTTP C
t^lrtLJOllDUreLx.

This city

is

in

LOANS—

—

5

\

C. F.

Refunding Water Bonds—
•Cs,

1929

J&J, $55,000

NICKLE. Mayor.
P. MASON, Clerk

ROBERT

Allegany County.
When Due.

(Subject to call after 1904.)
Cnterest payable In Frostburg.
Bonded debt Feb., 1900... $55,000

HAGERSTOWN,

Floating debt
$11,100
Tax valuation 1899
1,922,297
lax rate (per $1,000) 1899 $15-40
Assessment about 23 actual value.
Population in 1890 was
3,565
Population in 1899 was
7,000
(

JOHN

(

Lieut.

M. RECHER, Clerk.
M. R. HAWKEN, Tax Col.
This city is the county seat of Washington County.
When Due. 4s, J&J, $2,100.. July 1, '02 to '12
LOANS—
Improvement Bonds—
Interest payable in Haeerstown.
Part yearly Bonded debt Mar. 1, 1900 $88,500
4s, J&J, $70,000
ISxempt from city and county tax. Tax valuation 1899
6,693,358
Paving Bonds—
Assessment about 23 actual value.
1901 to 1916 Total tax (per $1,000) '99.$14-77ia
4,8,. J&J, $3,200
1901 to 1911 Population in 1890 was
4ft, J&J, 4,400
10,118
Population 1894 (es'mated). 15,000
($400 annually.)
4s,

,

$5,500

MONTGOMERY CO.—W. W. Welsh, Clerk.
County seat

is

Rockville.

School Bonds.1903-1923

$8,000

5s,

($i,600 every 5 years.)
Total debt Feb. 1, 189/.. $100,000
Total valuation 1899... 10,524,735
Assessment is 23 actual value.
County tax (per $l,000)1900.$9-20

$5,000.... July 1, 1903

Population 1890 was
26,080
payable at the National Bank of Baltimore.
FREE— All of the bonds issued by this county are tax exempt.
I

INTEREST

TAX

is

TALBOT COUNTY.— Charles
bonds
Clerk. — County
seat is Easton.

When Due.
LOANS—
Court House Bonds—
4s, A&O, $9,000
Oct. 1,1900
($1,000 due y'rly) to Oct.

1,

,

Railroad Bonds—
A&O, $33,000
Apr. 1,1912

. .

.

1,

1902

1,
1,

1900
1903

.

Population in 1880 was

WASHINGTON
CO
Hagerstown
LOANS—

Stewart,

F&A, $13,000... Aug. 1, 1924
Subject to call after Aug. 1. 1914
Total debt Feb. 1 1899
$61 ,000
Sinking fund
9,788
Netdebt Feb. 1, 1899....
51,212
Total valuation 1899 . .8,093.409
State & Co. tax (per M) '99.$10-77 1«
Population in 1890 was.... 19,736

5s,

Subject to call after April

F.

are tax exempt.

All

4138,

1908

19,065

-M. F. Smith, Clerk.

the county seat.
Wnen Due.

Assets— RR.&Turnp. Stk.$607,640
Assessed val'atiou '99.$20,736,555
4s, J&J, $187,500
July 1, 1918 Assessment about % actual value.
4^8, court-house bonds.. $66,000 State & Co.iax (per M.) '99.$8-77ia
4s,
school house bonds
16,000 Population in 1890 wis . 39,782
insane asylum bonds. 15.000 Population in 1839 (eat.)... 41,000
48,
Bonded debt Jan. 1,1899.*284,500
TAX EXEMPT, -Refunding bonds are exempt from county and
municipal taxes.

Refunding Railroad Bonds—
.

ADDITIONAL STATEMENTS.
In the table below we give statistics regarding civil divisions in the
State of Maryland which have an indebtedness of over $10,000, and
which are not represented among the foregoing etailed reports. We
add the population from the U. S. census of 1890.
Tax
Bonded Floa'ing Assessed rate per Popu•

—

Place
Cecil

Debt.

County

Laurel (c), Pr.
Somerset Co

Valuation.

Debt.

$13.14o,922
1,025,000
4,469,700

$10,000
Geo. Co.. 38,000
40,000

$1,000.
$8-00

14-226
12-575

lation.

30,000
1,984
24,155

District of

Columbia.

(INCLUD'G THE LATE CORPORATION OF WASHINGTON.)
On July

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,
1,

District of

extinguish the entire debt of the District upon
the maturity of the 3-65 per cent loan, in 1924. Bonds are tax exempt.
Interest.
Principal.
LOANS—
P. Ct. Payable.
When Due.
Outstand'g.
NAME AND PURPOSE.

ltis believed, sufficient to

—

District of Columbia—
1874 c & r

*Fifty-yr. funding
F.

I

Court House Bonds—
5s,

Ryon, Tr.

>

*was 560,000.

\

When Due.

County Bonds—
5s,
5s,

R. N.

is

Total.

.

CUMBERLAND. —

payable at the Montgomery Co. Nat. Bank, Rockville

is

is

•"."^4

<!fc

TAX FREE—The above issue of bonds is exempt from taxation.

4s&5s, A&O, $4,000... Oct.
($1,000 due yearly) to Oct.

i^

Net water debt
$6,879,268
Bond, debt (oth. than water).$30,840,182
4,791.344
Sink, fund (oth. than water)

Total valuation 1899... 11,481,700
Assessment about % actual value.
1901 State
Co tax (per M) '99. .$10-20
1949 Population in 1890 was
27,185
Population in 1900 (est.) ...28,000

1.)

School Bonds ($500)—

Etc.

CITY OF BALTIMORE, MD.
Dec. 31, '99. Dec. 31, '98.
$8,300,000
$7,930,000
1,124,482
1,420,732

LXX

When Due. Total debt Mar. 1, 1900 $56,500
LOANS—
Court House Bonds—
Tax valuation, real
10,242,150
4s, A&O, $32,000....1900tol915 Tax valuatton, person'1..2,V239,55<)

LOANS—

875,000
7,883

Vol.

—

,

365 F & A Aug.

J&J
1873
do
7
J&J
Late Corporation of Washington—
Thirty-year funding.. 1872
6g M&N
Overdue bond, not
Water stock

.

c

July

1,
1,
1,

c

Nov.

1,

1871c 7

Oct.

1924 $14,224,100
1901
320,000
1903
14,000
1902

534,100

pre-

sented

7-3 int. ceased

100

The faith of the United States was pledged to secure 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.
DEBT.—The subjoined statement shows the District's total debt on the dates named:
Apr. 1, 1900. Jan. 1, 1900. Jan. 1, 1897. Jan. 1, 1896.
Total fund. debt.$15,092,300. $15,112,800 $16,933,000 $17,532,600
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 April 1, 1900, stock and bonds to the amount of $3,270 on
which interest has ceased were still outstanding; funds for the payment of principal and interest are deposited in the United States
Treasury.
The District's assessed valuation and
ASSESSED
tax rate at different periods have been as follows

TOTAL

VALUATION—

Personal
Year.

1899
1898
1897
1896
1895
1890
1885

Real Estate.
$176,567,549
181,256,284
180.376,908
188,922,343
192,555,046
137,626,419
93.502.464

Property.

$14,391,438
9.780,658
9,532.851
10,971,737
11,719,308
11,023,167
12.795.934

Total Ass'd. Rate of

Tax

Valuation, per $1,000.
$190,958,987
$1500
191,036,942
1500
189,909,759
15 00
199,894,080
1500
204,274,354
15-00
148,649,586
15-00
106.298.398
15-00

77

Debts and

Resources

OP

rCTEJltt

IIST

THE

1

WESTERN MIDDLE
INDEX FOR THE WESTERN MIDDLE STATES
OHIO-State,

Cities,

INDIANA.— State.

&c

Pages 77 to 89
Pages 89 to 95

&c

Cities,

j

|

STATES.

CITIES,

Etc.

ILLINOIS— State, Cities, &c
MICHIC AN— State, Cities, &c

Pages 95 to 101
Pages 101 to 105

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

municipalities.

ITS

to the State's power to contract debt, this is regulated under
sections 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 exception 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 sucn
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 what purpose.] In addition to the
above limited power the State may contract debts to repel invasion,
suppress insurrection, defend the State in war, oc 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 notbecome joint owner or
stockholder.] The oredit 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 company 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 fluids referred to in Section 2 above. But they need not be published
here.

FIRST, As

DEBT, RESOUKCES,
Admitted as a State (Act April

Etc.
Feb. 19, 1803
41,060

30, 1802)

Total area of State (square miles)
State Capital
Governor (term exp. 2d Mon. Jan. 1902)
Secretary of State (term ends 2d Mon. Jan.

the

-

Columbus
George K. Nash.

'01)

Cbarles Kinney.

W.

Auditor (term exp. 2d Mon. Jan, 1904)
Treasurer (term exp. 2d Mon. Jan. 1902)

D. Guilbert.

Isaac B. Cameron.

Legislature meets biennially in even years, on the first
Monday in January. There is no limit to length of sessions.

HISTORY OF DEBT.—The historical details of Ohio's State debt
from 1825 to 1894 will be found in the State and Citt Supplement
of April, 1894, page 75. The present State debt is as follows

LOANS—

—

-Principal.-

Interest.
P. Ot. Payable.

-

NAME AND PURPOSE-

Sinking fund loan. ..1887 3
do
do
...1896 3
do
do
...1897 3
Warloan
1898 3

J

J
J

&
&
&
&

J
J
J
J

When Due.
July
July
July
July

J
Interest ceased.

Domesticloan

1,
1,
1,
1,

Out stand' g.

1900
1901
1902
1903

$300,000
250,000
250,000
200,000
1,665

TOTAL DEBT, ETC—The total bonded debt

on Nov. 15, 1899 was
1897 $1,291,665; in 1896

$1,001,665; in 1898 it was $1,241,665; in
$1,541 ,6 65 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
AND 1898.

Funded State debt

(loans)
Irreducible State debt (trust funds)....

Local Debts—
Debts of counties
Debts of cities, tirst and second class.
Debts of incorporated villages
Debts of townships
Debts of special school districts
Total local debts.

1899.
$1,001,665
4,678,716

in 1899

1898.

$1,241,665
4,679,228

$11,002,159
69,053.693
8,540,268
838,286
7,568,180
$97,002,588

ASSESSED VALUATION—The assessed valuation of real and

per-

sonal property in the State has been as follows
Tears.
Real Estate.
Personal Property
Total.
1899
$1,256,524,330
$530,034,260
$1,786,559,069
1898
1,244,817,473
515.439,970
1,760,257,443
1897
1,236,911,871
511,096,768
1,748,008,639
1896
1,226.988,666
514,039,771
1,741,028,437
1895
1,214,928,085
527,589,429
1,742,517,514
1894
1,200,364,474
1,742.662.115
542,297,641
1890
1,232.305,312
545,833,165
1,778,138,477
1885
1,160,165,882
509,913,986
1,670,079,868
1880
1,102,049,931
456,166.134
1,558,215,965
1875
1,062,915.044
535,660,818
1,598,575,862
1870.
707,846,636
459,684,861
1,167,731,697
1860.
639, 894,311
248,408,290
888,302,601
1850.
341,389,838
98,487,502
439,876,340
1840.
85,287,291
27,038,895
112,326,156
1830.
50,086,250
14.589,335
64,675,578
The State tax (per $1,000) for 1898 was $2-84 and the same for 1899.
DEBT LIMITATION.— Ohio has very carefully 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
;

first five

SECOND, As to

Cities,

Towns, Counties,

dV., so far as

the Constitution

power

of the Legislature to authorize these municipalities to create debt, the limitations are found in section 6 of article
Section 6 of
8 and in sections 1, 2 and 6 of article 13.
(1)
affects the

authorize cities,
the General Assembly to
stockholders in or to raise money or loan
oredit to aid corporations, &o. (2) Sections 1 and 2 of article 13 forbid
the passing of special acts and require general acts for conferring corporate powers. (3) Section 6 of article 13 provides that the General
Assembly make provision for the organization of cities, &0», by general
laws and restrict their debt-making power. These sections are as follows
Article 8, Section 6. [Counties, cities, towns or townships not authorarticle

&c,

to

ized to

8

forbids

become

become stockholders,

ttc]

The General Assembly

shall

never

authorise 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 power*]. The General Assembly
shall pass no special act conferring corporate pov
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.
Section 6. [Organization of cities, rfc.l The (General Assembly shall
provide for the organisation of cities and 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.

78
One

at first sight would infer from Beotion «i article 8 above cited that
could not subscribe to the stock of or loan money to railroads, as
railroad-; are corporations and joint-stock companies. That, however,
is not a correct conclusion, as was decided in the ease 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,"'
authorizing any such city to construct a line of railroad therefrom to
any other terminus in that State or in any other State. In
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 brought. The Court's opinion is
verv full and explicit, the conclusion being that from " the language
"of the section it is <iuite evident that it wax not intended to prohibit
>' the
construction of railroads nor indeed to prohibit any species of
"public improve/units. 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" proveruents had been accomplished."
In compliance with section t>, 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 clas9 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,cities

—

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.
Hamlets—According to section 1550 of the Revised Statutes all ex;

Akron School District.— F. W.
Board

;

isting corporations organized as "incorporated villages for special
" purposes shall be hamlets until advanced to villages."

make any satisfactory generalization with regard
bonding 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, although 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 organisation of cities, &c." ?
POPULATION OF STATE—The population of Ohio has been as
follows in the years named.
1890
3,672,316 1860
2,339,511 1830
937,903
1880
3,198,062 1850
1,980,329 1820
581,295
1870
2,665,260 1840
1.519,467 1810
230,760
It is impossible to

to the

M&N,

J&J,

M&N,

J&J,

When Due.

$10,000... Nov.
10,000. .July
5,000... May
10,000.. July
.

This city

is in

IN

ASHLAND.— W.
This village

Union.

LOANS—

When Due.

,$50,000

1917
1900-1914

Bonds—

Redemption Bonds—
4s, .... ,

Turnpike Bonds—
$20,000
Sept. 2, 1905
4s
1910-1911
20,000
Total debt Jan. 15, 1900. $190,000
Tax valuation 1899
4,743,475
State &Co.taxrale(perM)'99 21-92
Population in 1890 was
26,093

4s,

48, ....,$15,000

1902-1904

$15,000

,

E. YOUNG, Mayor.
AU'RHM — jW.
AJ^nUlN.
}CHAS. H. I8BELL, City Clerk.

Akron

is

the county seat of

When

LOANS—

Refunding Bonds—
5s, semi-an.,
5s, semi-an.,

$55,300

Sewer Bonds—
$32,050
$45,850

5s, semi-an..

When Due.
LOANS—
Street Imp. Bonds— (Con.)—
5s, semi-an.,

18,000. ..1900-1908
($2,000 due yearly on June 16.)
5s. semi-an., $20,000. Sept. 7, 1905
..

4s

,

$41,600.-1899-1904
10,000 1900-1904

M&S,
120,000.Mar.,'01-'06
A&O,
5,5000ct.l900-'04
Refunding Bonds—
.1899-1901 4s, J&D, $13,000
Junel, 1907
5s,
4s,

1899-1904 Bonded debt Apr. 9, 1900.$461,400
Street Improvement Bonds—' Population in 1890 was.. 27,601
5s, semi-an., $194,300 .1899-1906 Population in 1900 (est).
50,000

INTEREST

office of the City Treasurer in Akron
Park Bank in New York.
VALUATION.—The city's assessed valuation (which is
actual value) and tax rate have been as follows
is

payable at the

at the National

ASSESSED

50 per cent of
Years.

0.

Real

Personal

Estate.

Property.

Valuation.

per $1,000

$11,748,080
11,748,080

$4,804,580
4,804,580

$2420

11,475,550
11,176,540
7,103,520
6,886,790

5,104,450
5,831,360
4,513,480
4,002,260

$16,552,660
16,552,660
16,816,450
16,580,000
17,007,900
11,617,000
10,889,050

Total Assessed Pate of Tax

24-20
24-20
23-20

2200
25-40

1200

7,607
9.000

Heltmax, Mayor.

the county seat of Ashland County.
When Due. Bonded debt May 1, '99. $87,000
LOANS—
Water-works constrnct'n..$39,000 Floating debt
1,000
Center St. im». (special).
2,000 Assessed valuation '98 1,275,000
ClaremontAve.rmpt (sp'l.) 4,500 Real value about
2,500,000
Res. & water-works ext...
3,500 Population in 1*90 was
3,566
Main St. imp, (special*
2=s,000 Population in 1899 (est.)
4,000
Cottage St. impt. (special) 13,000
is

. .

ASHLAND COUNTY.— C.W. McCool, Aud'r.
County seat is Ashland.

LOANS-

When Due. Bonded debt Feb. 20, 1900.$28,000
|

INFIRMARY Bonds—

Assessed valuation '99.11,439,320

J&J, $28,000.. July, 1900-1907 Assessment about
Population 1890
($2,000 eaoh Jan. 1 and July l.>

6s,

ASHTABULA.—Fraxk
The city and school

*$

actual value.
22,223-

W. Wagner. Clerk.

Ashtabula are in Ashtabula County.
When Dice. Valuation (City) 1898.. $3,461,430
LOANS—
Valuat'n (Sc. D.)included. 678,970
Refunding Electric Bonds—
$35-40
5s, A&O, *10,000....:Apr. 1,1911 Tax rate (City) '99
($1,000 every A&O) to Oct. 1, 1915 Tax rate (School Dist.) '99... 37-40
Net City debt Mar. 10,'99 $219,297 Population (City) 1890 was.. 8,338
School debt, (add'l.)
20,000 Population (City) '99 (est). .15,000
district of

E. DAVIS, Mayor.
B. GOLDEN, Clerk.
the county seat of Athens County.

ATHENS.— 50
\W.
This village

is

LOANS—

Improvement Bonds—

When Due

Refcnding Bonds—
$10,000

6s,

Sept. 1,

Bonded debt

1903

Sept. 1, '98. $114,500
Total valuation 1898.... 1,086,535
Assessment about *3 actual value.
Tax rate (per $1,000) 1898.$35'20
Population in 1890 was
2,620
Population in 1898 (est.)
3,000

'18-2'3-'25

80,000... 1913
($20,000 on May 1 each year
5s, ....,$20,000 ... .Jan. 1, 1926

6s

,

)

M&S. 10,000.. Sept. 1,1900
($1,000 each M&S) to Mar. 1, 1905

5s,

ATHENS CO.— Wilbur
County seat

is

190T

$4.500

5s, .....

F. Scott, Auditor.

Athens.

When Due.

City Hall Improv. Bonds.

l

5s,

1900-1908

I

1.)

M&S, $200,000.1929 and 1939
Sept. 1,

.$7,500

1903

AUGLAIZE CO.-

,

$5,000

Bonded debt

Sept. 1, '98. $313,500

Total valuation 1898.... 8,243,185Assessment abt. 3-5 actual value.
Total tax rate(p. $1,000 '96)$12-30
Population in 1890 was
35,194

Population in 1896

G. A.
A.

i§

(est.)... 37,000

ORPHAL, Auditor.
CLARK, Treasurer.

County seat is Wapakoneta.

When Due. Bonded debt Sept. 1. '98.. $200,000

LOANS—

Bridge Bonds—
1900-1901
$4,000
July 1, 1900
J&J, 17,000
($1,000 due y'rly) to July 1, 1916

6s,
os,

Court House Bonds—

1898-1905
1897-1909

6s, ....,$65,000

5s

110,000

Spec'l ass't bonds (add'l).
46,900
County has no floating debt.

Tax valuation

1898... $10,480,018
Assessm't 40 to 60 p. c. actual value
Tax rate (per $1,000) '97... $11 00
Population in 1890 was
28,100
Population in 1880 was
25,444

AVONDALE. — See the city of Cincinnati.
BARNESVILLE.-H.

Summit County.
Due.

Population in 1890 was
Population 1896 (est.)

1900
Nov. 25, 1902

M&N,

'29-

Total debt Mar. 15, '99.. $287,510Tax valuation 1898
3,020,680
Total tax (per $1,000) '98. .$26-80

Refunding Bonds—

68,

ADAMS COUNTY,
-J. M. WlTTENMYER, Aud.
West
Funding Bonds—

4s,F&A, $81,000 Feb. 20, 1920
($8,000 due yearly.)

Deficiency Bonds—

—

is

June 1, 1900
J&D, $6,000
*3,000 yearly to June 1, 1901.

Water Works Bonds—

Road Improvement Bonds—

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

County seat

Sewer Bonds—
5s,

& 6s, $195,550
1896-1906
Payable by special assessment."
5s, J&D, $ln,000
June 1, 1900
($4,000 due yearly) to June 1, 1903
5s, F&A, $7,800
Aug. 1, 1900
($1,800 due y'rly) to Aug. 1, 1903
4s, J&D, $40,000.... 1900 to 1906
6s, semi-an., $8.000
5s,
$8,500
4s,
9,000

.

J&J,
J&J,

V. Cassady, Treasurer.

5s

5s,

THE

STATE OF OHIO.

1899
1898
1897
1896
1895
1890
1889

Clerk

10.000.. July 29, 1900
20,000... July 29. 1901
Total debt Feb. 2:-!, 1900.. $75,000
8chooltax (per $1,000) '99.. $8- 10

When Due.
LOANS—
Improvement Bonds—

($10,000 yearly on Sept.

Counties and Towns

Cities,

6s,
5s,
5s.

Stark County.

LOANS—

and

Shirer,

School Construction Bonds—
M&N, $10 000. .May 22, 1 900

1902
29, 1903
1904
22,
29, 1905
18,

ALLIANCE.— Frank

County Bonds—
5s, M&S, $90.000

Jail

LXX

of Education.

Refunding Bonds—
5s,
5s,
4s,
4s,

;

4s

Vol.

ST^TE MID CITY SUpfl£M£NT,

Village

is

in

—

E.

Dement,

Clerk.

Belmont County.

Amt. Outstand'g.
LOANS
Fire department bonds 6s.. $3, 000
2,000
Street opening bonds 6s
10,308
8treet paving bonds
Street Imp. Bonds
,$13,728... 1898 to 1912
6s
18,000
412s.
1899-1913
2,557
5s, M&N,

—

—

,

DrrT ATOTT

—

5

Bonded debt Mar. 3, '99. $49,603
Floating debt
1,500
Total debt Mar. 3, 1899.
51,103
Tax valuation 1898
1,105,760
Tax rate (per $1,000) '98.. $260O
Population in 1890 was
3,207
Population in 1897 (est,)
3,800

ISAAC FREEZE, Mayor.

}f. A. JaCKSON, City Clerk.
This city is in Belmont County.
Water Bonds— (Con.)—
When Due.
LOANS—
Oct. 1, 1910
5s, A&O, $50,000
City NoteS
Total
debt Mar. 1, 1900.. $147,396
yearly.
part
6s, M&S, $20,741
Sinking fund
16,686
Sewer Bonds—
Net debt Mar. 1,1900.... 130,710
$3,600
Tax valuation 1900
3,021,268
Street Paving Bonds—
1900-1909 Assessment less than ^ actual val.
6s, M&S., $7,555
Total tax (per 1.000) '99. ..$24-50
(Part due yearly.)
Population in 1890 was
9,934
Water Bonds—
10,000*
6s, semi-ann. 15,500.. Sept. 1, 1900 Population in 1899 was.
($2,000 due yearly) to Sept. 1, 1905 Interest is payable at Bellaire.
Oct. 1, 1900
5s, A&O, $50,000
hJrL.i-.i-.A.ll-l.Ii.

—

QttIO— CITIE8

April, 1900.

BELLEFONTAINE.-M
Logan County.
This village

is

J.

Nichols, Clerk.

in

When Due
Fike Department Bonds—
LOANS—
Electric Light and Paving
6s, Sept., $1,500
1900 to 1904
1900-1919 5s, July, $5,000.. .July 1905 to '14
6s, ...., $16,800
1900-1909 Total debt Feb. 23, 1900. $193,073
6s,...., 17,773
Refunding Bonds—
Tax valuation 1899
2,385,850
1905-1916 Assessment about *3 actual value.
6s, J&J, $85,000
Water Works—
Total tax (per $1,000) '99.. $32-20
1900-1937 Population in 1890 was
6s, var., $67,000
4,245
Population in 1900 (est.) .... 8,OoO
INTEREST on the water-works bonds is payable at Bellefontaine.

—

BELMONT
CO.— Madison Aldredge, Auditor
County
seat

Clairsville.

is St.

LOANS—

When Due.
LOANS—
Refunding Bonds—
1901 4Hs8, M&S. $40,000
1907-1910

When Due.

County Bonds—
M&H, $^4,000
M&S. 30.000..

June

5s,
4s,

1,

.1911 to 1913
($12,000 due in 1911 and 1912.)

($10,000 annually.)
Total debt «ept. 1, 1898 $258,500
Tax valuation in 1898. .20,901,099
Assessm't about 60% actual value.
Population in 1890 was. ...57,413
Population 1896 (estim'd).. 67,000

Bridge Bonds—
5s, M&8, $36,000.
5s, M&S, 50,000
5s, ..... 16,000

.March

.

4,

Hc.pt. 1,
March 1,

1901
1905
1907

Court House and Jail—
1898-1903
5s, M&S, $92,500

BEREA.
This village

is

in

LOANS

QUAYLE,

T. J.

;

Mayor.

LOOMIS, Clerk.
Cuyahoga County
When Due. 58, refunding bonds
E.

!

S.

$3,700
7,000
18.350
1, 1900
66,150
At-sessed valuation 1899.. "5,000
Tax rate (per $1,000) '99... $27 30
Population in 1890was
.2,533
Population in 1900 (est.)... .3,200

Water Bonds—
4s, M&N, $30,000.. May 1, 1905 to

sewer bonds
paving bonds
Bonded debt Mar.

5s,
5s,

($1,000 every 6 mos.).Nov.l, 1919

Electric Light Bonds—
M&N, $12,000.. May 1, 1902

4s,
($f>00

M&N)

each

Nov.

1,

to

1913.

Council Hall Bonds—
5s,

M&N,

1900-1904
$2,500
is payable at the Bank of Berea Co.

This city

BOWLINGWood -O

r*
tTTr-TvT > A. R. CAMPBELL, Mayor.
*-*£ JEU-E'iN. \ ALEX. WILLIAMSON. Clerk
County.
This village is in
Street Improvement Bonds—
When Due.
LOANS—
5s, M&N, $4,000
Sept. 1, 1900
Town
Hall,
Etc.—
Gas,
Sept. 1,1912 ($500 every 6 mos.) toSept.l. 1903.
€8
$56,000
Total debt Sept. 1, 1898. $86,340
Refunding Bonds—
1908-1917 Tax valuation in 1898 ..1,383,310
5s, M&S, $10,000
Tax rate (per $1,000) 1898. $37-00
($500 every M&S.)
3,460
4a, M&8, $10,000 May 1, 1908, to Population in 1890 was
Population in 1897 (about).. 6,000
($500 each M&S) Sept. 1,1917.

When Due.
LOANS—
Current Expense Bonds—
4*28

Belmont County.
—This
BR IDGEPORT.
When Dae. Bonded debt
village is in

4s.

$25,000
31,000
75,000

I

30,000.... 1900 to 1910

—

,

April 1, '99. .131,000
Assessed valuation '98.-1,178,732
Population 1890 was
3,369

Market House Bonds—
J&D, $26,000

5s,

3,000

5s

—

M&S, $11,000
A&O, 6,000

Mar. 4. 1910
Apr. 1,1901

6s,
6s,

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

($1,000 yearly) to April 1, 1906.
Total debt Mar. 1, 1900
$65,952
Tax valuation 1899
2,865,120
Assessment about 40% act. value.
Total tax (per $1,000) 1899.$31-00
Population in 1890 was
5,974
Population in 1900 was
7.000

M&S,

M&N,
J&D,
M&S,
M&S,

1900
Sept.1, 1901
May 1, 1902
June 1,1902
Sept. 1, 1902
Sept. 1, 1908
July

$6,000
2,000
1,500
2,400
10,500
7,500

1,

.

INTEREST on the street improvement bonds due in
at New York City; on all other bonds at Bucyrus.

1900

is

payable

BUTLER
COUNTY.— Henry C. Gray, Aud.
County
seat

is

Hamilton.

LOANS—

When Due.

Bridge Bonds—

Court House Bonds—

M&N, $15,000
M&N, $100,000

1900
.May 6, 1901
4*28, J&J, $35,000
1908
4^8, J&J, 30,000.. ..1910-'11-'13 ($20,000 due yearly to May 6 1 905
4128, J&J, $20,000... July 10, 1906
($10,000 due each year.)
1915 4i2S, J&J, 25,000. .July 10, 1907
4128, J&J, $15,000
4*28, J&J,
10.000
1917
agricultural Society Bonds—
1919 4s, J&J. $20,000... July, '00 to '09
15,000
4Hj8, J&J,
Jail Bonds
4128, J&J,
10,000
1921
1901-'03
4*28, J&J,
1924 6s, P&A, $10,000
20,000
July 1, 1900
Road Improvement—
4198, J&J. 60,000.
1906
($10,000 due y'rly) to June 1, 1905 4*28, M&S, $25,000
4*28, J&J, *6,000
Interest payable at Hamilton.
Jan. 1. 1901
1,'98..
$541,117
($2,000 due yearly) to Jan. 1. 1903 Bond, debt Sept.
4*28, J&J, $21,000 July,'02-'05-'08 Assessed valuat'n, real*21,l 39,870
5s,
4s,

Dec.

.

.

1,

.

)

,

.

—

. .

.

County Fund—

4*28,
4>28,
4128,
4>28,

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

1902
1903

$20,000
20,000

Assess, valuat'n, pers'l. 9,385,786
Total valuation 1899... 30,525,656

Assessment about 40% act'l value.
1904-'06-'09 County tax (per$l,000) '99.. .$5 96
20,000..'12-'14-'16-'18 Population in 1890 was
48,597
Population in 1895 (est.)
55,000
($5,000 due each year.)
*The Miami University lands (22,529 acres), appraised at $1,096,750,
are exempt from all State taxes except those for school purposes.
20,000.

CAMBRIDGE.—
T.
This
city is located in

LOANS—

Chair Factory—

U.

A&O, $1,000
Oct.
Sewer Bonds—
4^8. M&S, $9,000.. ..Sept.

I,

1,

Mar.
($1,000 due yearly) to Mar.

1,
1,

1,

1908

1,

1910

4*«8,

1919
1908

4^s, J&J, 60,000
1905 1934
($1,000 due in Jan. and. July.)

1902
1906

4s,

Cemetery Bonds—
J&J, $7,000

Jan. 1,1919

Bonded debt
65,000
Water debt (included)...
1.669,101
4*ss, M&S, $9.000.... Sept. 1. 1923 Tax valuation 1899
412s. A&O, 21, 110. Oot., 1900 to '08 Assessment 50 to 60% aotual value.
4s, J&J, 8,000
July 1, 1919 rotal ia.\ tpcr $1,000) '99.. $33 80
Rolling Mill—
4,361
Population in 1890 was
Street Bonds—

Sept. 1, '99. $161, 421

J&J, $14,000
Jan. 1. 1900 Population in 1899 (est.)
8,000
(duesemi-annually) to July 1, 1903
NT E REST on the rolling mill loan is payable in New York and on
other loans in Cambridge.

6s,

I

,

Water Works Bonds—
. . .

.

Sewer Bonds—
M&N, $12,000.. May
M&N, 13,000.. May

5s,
5s,
5s,
5s,
5s,
5s,

. .

J&J, 15,000
Julv 15,1903
($5,000 due y'rly) to July 15, 1905

5s,

20, 1901
20, 1902
F&A, 12,000.. Aug. 20, 1902
F&A, 13,000. Aug. 20, 1903
4 4,000.. Feb. 1,1904 '05
25,000. .June 15, 1901
J&J,
($5,000 yearly) to June 15, 1908

Refunding Water Bonds—

4s. semi-an., $38,O00.Sept 1, 1907
48. M&H,
15,000. Sept. 1, 1908
3»28, F&A, 15,000 . Feb. 1,1909

Park Bonds—

5s, A&O, $4,000.. June. 1900-1903
Various 58, A&O, 20,000.. .July, '04 & '06
5s, ..... $17,000
INTEREST is paid in part by Kountze Brothers, New York, and in
part in Canton.
TOTAL DEBT ETC—The city's total debt on Mar. 18, 1899, was
$667,532, including water bonds $190,000, street improvement bonds
$67,696 and current expense bonds $185,035.
ASSESSED VALUATION in 1898 $11,368,330; real valuation
estimated at $40,000,000; city tax rate (per $1,000), $12-00; total tax
rate (per M.) in 1899, $29-90. In 1891 it was$ 12,000,000, real value
being about $26,000,000.

POPULATION

was 12,258;

in

in 1895 was 38,627; in 1890 was 26,189; in 1880
1870 was 8,660. Population in 1898 (est.), 40,492.

Canton School District.

— Helen L. Perkins, Clerk

of Education.
Bondeddebt Feb. 15, '99. $209,000 School tax. 1899
Assessed valuat'n 1898.11,751,560 Population 1899

$9-00
40,000

I

|

CELINA.—
Celina

is

EDWARD SANDFAIR,
L.

BLOND,

(est.)

Mayor.

Clerk.

in Mercer County.

When Due. Total debt

LOANS—

j

Feb.

1899... $60,000

1,

Assessed valuation, real.. 476,000
Street Improvement Bonds—
$10,000... Aug. 15, 1903 Assessed valuation, pers'l 352,735
6s,
4s, May, 25,000. ..May, '09 to '13 Total valuation 1898
828,735
|

|

I

Water-Works Bonds—

Total tax (per $1,000) '98.. $34-50.
Population in 1890 was
2,702
Population in 1895 (est'd) .3,500

6s, ...., $50,000.... Oct. 15, 1931
Int. payable at Village Treasury.

. .

CHICAGO JUNCTION. — Louis

SimmerMACHER, Clerk. — This village is in Huron County.
When Due. Bonded debt Jan. 2, 1899. $35,000
LOANS—
1901-1925

F&A, $10,000

1926 1935

/"•tJTT L_
T Tr~
r>k rTt-rT7
L>-riiL_
iOL->
1 trirL..
This city is in Ross County.
,

1

1

—

5

\

|

$9,000

w

1900-1917

Refunding Bonds (Gold)—
J&D, $100,000 g. Dec. 1. 1916
Street Improvement Bonds—

4i2g,

$22,000... Aug. 15, 1913
(Subject to call part yearly.)
July, 1914
4s, July, $48,600
(Subject to call after 1900.)
5s,

WHITE BROWN,

P.

When Due.
LOANS—
School Dist. Bonds— (1897)—
6s,

Assessed valuation 1898. .457,494
Tax rate (per $1,000) 1898.$33-80
Population in 1890 was
1,299

.

A Wallace,
,

Mayor

cierk.

8EWER BOND8—
$8,000
Oct. 4, 1913
(8ubject to call after July 1, 1900)
Total debt Mar. 1, 1900.. $175,500
Total valuation 1899
5,400.000
Assessment about ^ actual value.
Total tax (per $1,000) 1899. $28-40
5s,

Population in 1890 was
11,288
Population in 1899 (est.).... 16,000

The refunding bonds may be redeemed six each year
for seven years beginning Dec. 1, 1902, seven each year for six years

OPTIONAL—

beginning Deo.

INTEREST

O UNO UN

1,
is

1909, and eight on Dec. 1, 1915.
payable by the Farmers' Loan

/-"•TTvTrMTvTKT
A T^
1
IN A.
1 1.

&

Trust Co., N. Y.

JULIUS FLEISCHMANN,
— £PAUL
M. MILLLKEN,
5

Mayor.

Auditor.

Cincinnati is situated in Hamilton County.
In 1895 the villages of Avondale, Clifton, Linwood, Riverside and
Westwood were annexed to Cincinnati and their indebtedness was
assumed by that city. 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 city Sinking Fund Trustees entered into an agreement with
a New York nrni in 1898 looking to the refunding of the Cincinnati Southern Railway bonds.
This agreement was set aside
by Judge 8piegel on Aug. 18, 1898, and upon appeal the State Supreme
Court affirmed that ruling. See Chronicle, V. 67, p. 1 89 and 442;
V. 68, p. 1143. The Board of Trustees of the Cincinnati Southern
Railway has also twice advertised for proposals to refund these bonds,
ilrst on Dec. 20, 1898 (see Chronicle, Nov. 26, 1898. p. 1122), all bids
then received being 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 e<ept. 7, 1-99, by Judsre Davis, of the Common Pleas Court, and the case is now (April, 1900,) pending in tne
State Supreme Court on appeal. By agreement made in Marob, 1900,
between the two boards the Ruard of Trustees will have until July,
1901, to extend time of payment of these bonds, and if refunding is
not accomplished by that time the Sinking Fund Trustees will undertake the operation.— V. 70, p. 495.
Principal.
Interest.
LOANS—
OulstatuTg.
When Due.
Rale. Payable.
NAME AND PURPOSE.
'$144,000
Bowlder pavement
June 1, 1912
1893 4
Subject to call after June l. 1902
"494.000
Julv 1, 1902
Cincinnati South. R'y.. 1872 7
do
1872 7-3 J & J Julv 1, 1902
7,644,000
do
do
do
1876 6g.
2,890,000
A N May 1. 1906
do
do
1876 73
& N May 1, 1906
1,865,000
.000
do
do
1878 7
A X Nov. 1, 1908
1879 6
F a A Aug. 1. 1909
do
do
,000
*325,000
1892 4
City hall 10-20S
J & D Juno 1. 1911
Subject to call after June l. 1901
M .V X May 1. 1930 1,332,000
Con. sink, fund 30-50s, 1880 5
subject to call after May l. 1910
July 1. 1931
967,000
do
do
1881 4
8ubject to call after Julv 1, 1911
Julv 1. 1941
4
77.000
do
do
Feb. 1, 1937 **3.600,OOO
do
doRTglS97 365

—

-

A&O. $5,000 .. Apr.
Water Bonds—
1923 4*28, A&O, $6,000. ...Apr.
1900

Funding, Etc.—

M&S, $5,000

When Due.

Refunding Bonds

4s, J&J, 17,000
July 1,
5*28, Oct., 6,311.... yearly to
6s,

Deselm, Clerk.

Guernsey County.
Amount.
LOANS-

6s,

1909
1903

,

5s,

is

6s,

J&J,

1,

I

BIRK, Mayor.
W. A. BLICKE, Clerk.

School Bonds—
Sept. 1, 1904
M&S, $10,000
Street Improvement Bonds—

1,

Sept.

Water Bonds—

;C. F.
!

June

Refunding
5s, J&J, $10,000.... July 14, 1901
5s, J&J,
4s, M&S, $13,933.... Mch. 1, 1908
10,000.
Julv 14, 1900
"1900 1902
Mar. 1, 1909 5s
5s, M&S, 10,000
12,000
3^28, F&A, 25,000. ...Aug. 1, 1909
4^8, ..... 30,000. .Dec. 1900-1910
3J28, M&S, 12,500... Sept. 1,1914 5s, F&A, 30,000.
Aug. 20, 1904
1912-'15-'18 ($10,000duey'rly) to Auj.'. 20, 1906
4*28, F&A, 40,000

. . .

the county seat of Crawford County
When Due, 6s, A&O, $10,052
Oct. 1,1904
LOANS—
Refunding Bonds—
Deo. 1,1908
6s,J&D, $9,000

This city

.

3,000... Feb., '01 -'OS

5s

When Due.

,

Fire Department Bonds
$3,600.June,'00to'02
5s,
.....

$25,000

BUCYRUS.-

LOANS—

Street Improvement Bonds—
4s
$15,000
Sept. 1, 1908
3»*8,
15,000
...Feb. 1, 1909
5s,
36,000. .Various to 1907
4s, M&S, 4,000
190J & 1904
5s, M&S, 13,000
1901 to 1910
5s, M&S, 3,600
1901 to 1905
4s, ..
7,000
1901 to 1910

Various

$142,102

5s,

,

LOANS—

N. Ley, Clerk.

the county seat of Stark County.

is

Board

INTEREST

Sewer 5s
Water 5s
Street Improvement

79

AND TOWNS.
CANTON.— Louis

*

J&D
J&J
M
M
M

J&J
J&J
F&A

,

80

m®

BlATt
LOANS-

-Principal*

Interest.-.—

-

NAME AND PURPOSE.

When Due.

Ontstand'ff.

N May 15, 1904
N May 1, 1906
D June 1. 1939

$992,000
50,000

Payable

Rate.

M&
M&

Funding

1874 7
Hospital. 1876, Letter 83 .
7
Liberty Street viaduct
4
House of Refuge bonds,'96. 4
Mo Hean Ave. sewer, Let.U2 6
do
do
do
5
.

J
J

<&
ft

Madison ville Ave.bonds, '96 4
Orphan asylum, registered.. 6

M&
M&
J &
M&

Pavement

J

July
Nov.

3

X
X May

June

1)

do

Subject to call Juno

J&D
Subject

June
to call June
4
J & D June
Subject to call June
4

do
do

1.

1,
1,
I,

Mar. 17,

s

& I) Juno
Subject to call June
4
J & 1) June
4

CITY SUf fiEWEUT,

1,
1,
1.
1,
1,
1,
1,
1,
1,

*68,000
34,000
35,000
*35,000
16,000
100.000
*150,000

1926
1904
1909
1915
1908
1910
1900
1911
1901
1912
1902
1914
1904
1917

*449,500

*445,500
"200,000

3iflsJ & D Dec.
Subject to call Dec. 1, 1907.
4
J & D June 1, 1929
Subiect to call after June 1, 1919

140,000

1932
1922
1918
4
J & J July
Universitv, Letter H2
6
A & O Oct. 15, 1900
Waterworks, Letter F
Junel5, 1900
LetterK
6
do
1891. 4
J & D June 1, 1911
do
Subject to call after June 1, 1901
18H8. 3% F & A Aug. 1, 1938
do
Subject to call after Aug. 1, 1918
F & A Aug. 1, 1939
1899 3
do
Subject to call after Aug. 1. 1919.
4
J & D June 1, 1922
Viaduct bonds
Subject to call after June 1, 1912
June 1. 1923
4
J
Workhouse imp., 1893
4
J & D June 1. 1912
Avenue bonds

300,000

do

Trunk sewer

1893

do

& D June

J

4

Subject to call after June

*50,000

1,
1,
1,

'100,000
93,000
70,000
*199,000

J&D

"540,900
*1,000,000

*350,000

&D

AVONDALE-

Sewerloan

5

Various

Sidewalk bonds

5
4
5
5
5

J

Street improvement
Fire and police irapt

Turnpike

& improvem't

Water loan

& elec.-lgtbds.
do
do

4^

J & J
M&N
J & J

5
4*2

A &

and sewer improve't.
do

do

J

WESTWOOD-

$57,500
2,500
230,000
74,500
25,000
75,000

&

May 1,1914
Jan.

May

1, 1923
1, 1923

$3,000
29,000
40,000

Mayor.
wj-,^-, v
}
P.
Auditor.
Cleveland is situated in Cuyahoga County. [$3000,000 water bonds*
are offered for sale May 1, 1900.]
When Due.
LOANSWhen Due.
LOANS—

BRIDGE Bonds—
J&D, $125,000.

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

11,000
19,000

Dec.

$11,300
1, 1908
Town-hall bonds
**2,400
A A Feb. 1, 1909
do
do
The bonds in the above table marked
OF
BONDS
VALUE
PAR
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.
INTER EST on bonds is payable at the American Exchange National
Bank of New York and the Third National Bank of Cincinnati, which
are the authorized agents of the trustees of the sinking fund.

TOTAL DEBT, SINKING FUND EtcJan., 1899.

Jan., 1898.
$27,451,800
1,969,341

Tot. bonded debt.$27,371,600 $27,185,700
1,825,143
2,016,168
Sinking fund

A&O,
J&D,
J&D,
J&J,

M&N,
A&O,
J&J,

Giddinos Brook Bonds—

.June, 1907
150,000
Oct. 1,1904
150,000.... June, 1903
232,000. .. .June, 1904
175,000.... Jan., 1901
60,000.... May, 1901
100,000.... Oct., 1902
100,000.... Jan., 1903
75,000.... June, 1903

4s,
5s,
5s,

J&D,
A&O, 20,000

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

M&N,
A&O,

Jan., 1897.
$28,526,000
2,574,751

$50,000. .Oct,

1918

1,

Public Library Bonds—

A&O, $250,000.... Oct. 1, 1918
Sewer Bonds—
5s,
A&O, $106,000.. Oct. 1, 1900
A&O, 30,000.. Apr. 1, 1901
4s,
4s,
A&O, 56,000.. Oct. 1,1902
4s,
A&O, 31,000. .Oct. 1, 1901
5s,
A&O, 37,000. .Oct. 1, 1901
5s,
A&O,
6,000.. Oct. 1, 1902
4s,
A&O, 51,000. .A&O, 1905
4s,
A&O, 20,000.. Apr. 1, 1904
4s,
A&O, 23,000.. Oct. 1, 1905
4s.
A&O, 78.000.. Apr. 1,1906
A&O, 29,000 ..Oct., 1906
4s,
A&O, 262,000.. Oct. 1, 1907
4s,
A&O, 295,000.. Oct. 1, 1908
48,
4s,
A&O, 291,000.. Apr. 1,1909
4s,
A&O, 23,000.. Oct. 1, 1916
A&O, 30,000. .Oct. 1, 1917
4s,
A&O, 200,000.. Oct. 1, 1921
48,
A&O, 110,000.. Oct, 1, 1926
48,
A&O, 240,000.Sept. 30, 1926
4s,
Garbage Plant Bonds—
5s,

1900
1903

Oct.,
Oct.,

A&O, 285,000

A&O,

4s,

May, 1900
60,000
Oct., 1900
A&O, 30,000
Oct., 1902
A&O, 25,000.... Oct. 1, 1903
A&O, 45,000. .. April 1, 1906
A&O, 90,000.
90,000.... Oct. 1, 1907
A&O, 90,000
90,000... Apr. 1, 1926
A&O, 249,000. ..Oct. 1, 1926
A&O, 65,000. ..Oct. 1, 1900
30,000,

A&O, 100,000 Oct. 1, 1911
A&O, 100,000... Oct. 1,1912
Canal Bonds—
5s,
A&O, $150,000
Oct., 1903
Fire Department—
4s.
A&O.100.000
Oct. 1,1916
Street Improvement Bonds—
5s,
A&O, $100,000
Oct., 1902
A&O, 147,000.. ..Oct., 1903 6s, M&S, $11, 130.. Sept., 190O
5s,
Park Bonds—
M&S, 13,130.. Sept., 1901
6s,
4s,
A&O, $500,000... Oct. 1, 1923 6s, M&8, 10,750.. Sept., 1902
4s,
A&O, 500,000.. Apr. 1,1924 6s, M&S,
4,000.. Sept.,
1903
4s,
A&O, 600,000.. .Apr. 1,1927 6s, M&S,
1904
4, 000.. Sept.,
4s,
A&O, 400,000. .Apr. 1. 1928 6s, M&S,
2,800.. Sept.,
1905
A&O, 500,000 .Oct., '29&'31
Street Opening Bonds—
4s,
4s,
A&O, 500,000. .Oct., '33&'35 4s. A&O, $5,000.. Oct. 1, 1900Funded Debt—
Street Improvement Notes—
5s,
A&O, $156,000.. ..Oct., 1900 58, M&N, $1,161,085
1904
Brooklyn Bonds—
5s,
A&O, 39,000.... Oct., 1901
M&N, 100,000.... Nov., 1901 6s. M&S, $1,700.. Sept., 190O
5s,
4s,
A&O, 227,000. ...Oct., 1902 6s, M&S,
1,850.. Sept.,
1901
Water Works—
4s,
A&O, 46,000.... April,1902
J&J,
4s.
A&O. 100,000.. Apr. 1, 1904 6s,
$12,000.. July, 1903
A&O, 276,000. .Oct. 1, 1916 4^8. A&O, 400,000.. Apr., 1902
4s,
A&O,
1908
4s,
J&J.
100,000.. Jan., 1903
225,000.. Oct. 1,
48,
A&O, 200,000.. Apr., 1903
4s.
A&O, 265,000. .Oct. 1, 1909 4a,
A&O, 200,000. Oct. 1,1905
Police Station—
4s,
M&N,$20,000
May, 1901 3-658 M&S, 100,000. .Sept., 1902
5s,
M<StS,
275,000.Mar. 1, 1910A&O. 100,000
Oct., 1917 4s,
4s,
River and Harbor Bonds—
A&O, 500,000. Apr.l, 1917
48.
4s,
A&O, $500,000. .Oct. 1 1926 48,
A&O, 600,000.. Oct.l, 1926
4s,
A&O, 250,000.. Oct. 1, 1928
4s,
A&O, 100,000. ..Oct. 1, 1919
,

PAR VALUE-—All bonds are for $1,000 each.
INTEREST is payable at American Exchange Nat. Bank, New York.
TOTAL DEBT, SINKING FUNDS, Etc-

J July

6
6

Jan., 1900.

CLEVELAND
o_j_^».i>x^. — 5-TOHN H FARLEY,
C HARLES
SALEN,

.

1902-1922
1, 1912

& D

J

1904

1,

Aug.
Feb.

$99,500
50,000
50,000
20,000
12,000

1,
1,
1,
1,

April

Various

5
5

1,1907

1918
1920
July
1917
1906
J Jan.
O Apr. 15, 1922
July

A& O
A& O
A & O

6
5
5

RIVERSIDE—
Street

1904-1917

&J

M&N
J & J

413
412

LINWOOBWater- works
do
do

55,000

July 1, 1913
1921-1925
Various
1914-1923
Various

OLIFTONGen. improvement bonds,
do
do
Sewer bonds
Water bonds
do

noo.ooo

LXX

Vol.

Bonds and notes Jan. 1, 1900
Water debt included in above

$13,142,445 00-

$2,387,000 00
1,965,994 04

All sinking funds

4,352,994 04

$8,789,450 96
$10,155,038 95
$1,365,587 99-

Netdebt Jan. 1, 1900
Cleveland debt limit (7 p. c. of ass. val.)
Reserve under Ohio (Cleveland)debt limit

WATER WORKS-—The city owns its water works. The income
from water rents and fees in 1899 amounted to $715,554 21.
ASSESSED VALUATION ETC-—Assessed at about 35 per cent of
actual value.
Assessed
Valuation,
Tears.

its

$25,546,457 $25,169,532 $25,482,459 $25,951,249
Net debt
$1,409,500
Water debt (incl'd)$2.081,900
There were outstanding on Jan. 1,1900, street bonds to the amount
of $1,206,157-46 payable by special assessment and not included in
the above statement of total debt. Of this amount bonds to the
amount of $1,045,128-99, together with $92,500 bonds of the Board of
Education, were held by the sinking fund, these, and the cash on
hand amounting to $687,514-58, being applicable to the payment of

Tax Rate
Assessed
Tux Rale
per $1,000. Tears.
Valuation, per $1,000.
$29-40
1890
$29-30$145,071,985
$99,614,055
1899
29-55 1885
26-00
142,290,775
88,285,845
1898
29-30
26-30'
1880
141,915,430
73,647,194
1897
28-50
134,562,905
1895
POPULATION-—In 1890 population was 261,353; in 1880 it was160,146; in 1870 it was 92,829. Population in 1900 (local est. >, 400,000.

—

the general bonds.

PROPERTY—The

owns the Cincinnati

Southern
$1,090,000 till 1901 and
then $1,250,000 till 1906, when lease expires. A proposition to sell
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, 1900,) no proposition has yet been submitted. The waterworks pay 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.
Net Debt.
Assessed Val'n. Tax per $1,000
Years.
$25-74
1899
$25,546,456
$197,020,800
25-30
25,169,532
1898
196,141,670
26-18
25,482,459
196,818,200
1897
26-40
25,951,249
1896
198,536,580
28-32
25,465.867
1895
188,484,880
24,723,068
1890
177,773,240
2666
26-86
24,468,405
1885
170,086,968
23,953,981
167,535,356
1880
3100
POPULATION— In 1890 population was 296,908 in 1880 it was
255,139 in 1870 it was 216,239. Population in 1899 about 435,000.

CITY

city

The rental received for the road

Railroad.

is

;

Cincinnati School District
Bonded debt

Sept. 1. '99. $613,200
101,200
Sinking fund assets
Net debt Sept. 1, 1899.. 512,000

city is situated in

LOANS—

I

I

Sept.

Total debt Mar.

Tax

8,

1900

valuation, 1899...

$46,000
3,014,606

|

I

CLERMONT COUNTY.—John
Auditor. — County
When
Batavia.
Due. Total debt Apr.

LOANS—

Deficiency Bonds—
5s

Jail
6s

,

$109,500

Bonds—
,

$11,000

Bridge Bonds -1897—
5s,

$20,00.0

1,

1904

CLYDE.-Chas.
This village

is

Davis,

is

1, 1900.
$122,200
Assessed valuat'n, real. 7,877,350
Assessed valuat'n, p'snl 2,590,230
Total valuation 1899.. 10.467,580
Tax rate (per $1,000), '99.. 11-64
Population in 1890 was
33,553
1906 Population in 1900 (est.)... 37,000

A&O,

$250,000.... Oct.

1,

1918

T.

Hurd,

Clerk.

Sandusky County.

in

LOANS—

Amount out stand' g. Bond debt Mar. 15,1900... $61, 60O>
M&S, 1922. .$19,000 Floating debt (additional) 6,387
25,500 Water debt included above 15,400
F&A, 1913

Refunding

5s,

Street 6s,
Rf'd'g water 5s,F&A, 1910.

5,500
8,000
Sewer 6s, M&S, 1902-1909 3,600
Interest paid at 4th Nat. Bk., N.Y.

Water-works

6s,

M&S,

'07.

Assessed valuation 1898.. 693,525
Assessment about 3 10 actual value.
Total tax (per $1,000) '98.. $32 -80
Population in 1897 (est.)
3,000

COLLEGE HILL.—John E.
is

in

Bruce, Mayor.

Hamilton County

Tax
1929
$78,500
1.

rate (per $1,000) 1899. $30-64
(est.). ...1,250

Population in 1900

Bonded debt Jan.l, 1900.
Assessed valuation '99. .1,838,450

CO.—J.
COLUMBIANA
County
Lisbon
is

the

A&O, 40,000. Apr.
Bridge Bonds—

5s.

1904 Ass"d valuation,

1900-'07

$8,000

4s,

J&J, $55,000 July 20,

Refunding Bonds—

is

'01-'ll

Total valuation 1898... 23,525,500
Assessment abt. 25% actual value.
state <fe Co. tax (perM), '99.. $8-00'
Population in 1890 was
59,029Population 1899 (estimat'd)75,000>

SAMUEL J. SWARTZ, Mayor.
U O. — )M.A.
GEMUENDER, Clerk Trust S. F.

/^•r^r TTi\/rr>TTC
This city

real. 15, 123, 660
pers'l. 8,401,840

Assessed valuat'n,
23.

5s

1V1-LS

Adams, Auditor.

When Due. Bonded debtFeb.20,1900.$103,00O-

LOANS—

OCJ.L, U

F.

seat.

Deficiency Bonds—

W.

5s,

CLIFTON. — See the City of Cincinnati.

I

seat

190,000. Dec.

3*28,

1,1905 Total tax, per $1,000 1899. $2950
Population in 1890 was
Refunding Bonds—
6,556
Sept. 1,1911
6s, $34,00O
$10,000

J<teD,

4s,

Water Bonds—
M&N. $50,000... May

Naumann.

Pickaway Co.

When Due.

Hall and Library—
6e,

debt Jan. 1. 1900.$1, 195,000
M&S, $30,000.
J&D, 100,000. June 1, 1905 Tax valuation 1898... 145,000,000'
J<VD, 100,000. June 15, 1906 Real valuation (est.). .500,000,0005s
Population in 1899 (est.).. 400,000
1, 1902
4*«s, M&S, 300,000. May
Public Library Bonds—
4^s, J&D, 175,000. June 1,1902
68,
58,

This village

CIRCLEVILLE.— Chas.
The

—

Asses'd valuat'n '99. $203, 115,320
School tax (per $1,000) 1899.$4-48

Cleveland School District. Chas. P. Salen,
Auditor; Chas. H. Curran, Deputy Auditor.
When Due. 4s, M&N, $300,000.... May 1,1908
LOANS—
Sep.l902to'16 Total

5

in Franklin County.

OttlO-CITIES

April, 1900.

LOANS-

—

-Interest.

NAME AND PURPOSE.

P, Ot.

&
&
&
&
&
J &
A &
M&
J &
M&

City Hall refunding.. 1886

M
M
M
M

1890 5
Gas and light
Police and fire.... 1890 5
1888
1893
Fire Dep. and gas. 1888
Poor Fund
1898
Fourth St. Bridge.... 1890
do
do ....1891
1893
Franklin Park
Front St. Viaduct
1894
1891
High St. Viaduct
do
1892
do
1892
do
do
1894
do
do
1884
Levee
do
1888
Market House
1889
do
1890
Steam FireDep't
1893
do
do
1896
do
do
1897
Electric light
1898
Bewer farm claim
Refunding bonds
1900

4

Police

do

LOANS

Sewer Bonds—

5

4
4
4
5
5

4^
4»<s

4^

4
4
4

N
N
J
O
8

M&

S
J

&

& J
M& N
J & J
A & O
A & O
J & J

F & A'

4

M&N

5
5

.

1,
1,
1,

1906
1909
1908

$16,000
125,000
35,000

1,
1,
1,
1,
Sept. 1,
June 1,
1,
July 1,
July 1,
Mar. 1,
Jan. 1,
July 1,
Nov. 1,
July 1,

1900
1910
1908
1913
1908
1918
1905
1906
1908
1914

70,000
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
9,000
15,000
150,000
100.000
100.000
68,000
26,000
160,000

Mar.
Nov.

D
N
M& N
J & J

J
412 J
5

Principal.
Outstand'g.

When Due.
June

J

do
1889
do
City Prison refunding 1888
Deficiency-

^—

Payable.

Nov.
Nov.
July
Apr.

May

Apr. 1,
Oct.

July
Aug.
Nov.

1,
1,
1,
1,
If
1,
1,
1,
1,
1,

June
J & D
June
4
J & D
4
Dec
J
Dec.
4
J & D
Apr.
4
A & O
Subject to call after April
When Dae.
LOANS-

&D

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

M&S,

M&N,
A&O,
J&D,

1911
1902
1902
1909
1904
1918
1908
1909
1910
1904
1916
1927
1902
1920

1910

When Due.

Water Bonds—

1901
1907
M&N,
1910
1,1901
1,1912
1, 1903
1, 1908
1,1909
1,1918
1, 1928
Street Improvement Bonds,
payable by assessment—
var., $1,509,000
6s,
11,600
5s
605,400
4*33,
....,
126,100
4s,
1,
1,
1,

improvement

All of the street

bonds are subjeot to
from date of issue.

one year

call

INTEREST on police deficiency bonds of 1888, the main trunk
sewer bonds of 1898, the Boston loan, the sewer farm loan, the Poor
fund 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 York City.
;

FUNDS, ETCTOTAL DEBT, SINKING
'99.
'99.
Oct. 1.

Total bonded debt.... $7,324,600
Sinkingfunds
1,908,713

Net debt

$5,415,887

Jan. 1,
$7,407,800
2,056,895

Jan. 1, '98. Jan. 1/97.
$7,405,200 $7,524,200
1,809,500
1,716,246

$5,350,905 $5,595,700
1,177,000
1,112,000
*74,794

$5,807,954
1,112,000
16,567

Waterdebt(inc.above) 1,187,000
Floatin g debt
'26,481
* Contingent liability to contractors.
The total bonded debt as given for October 1, 1899, included street
improvement bonds payable by special assessment to the amount of
$2,252,100. The sinking fund receives yearly about $125,000, which
does not include assessments for street improvement bonds.

ASSESSED VALUATION,

ETC—The city's

31, assessed valuation (about *2 of actual)
Net Debt
Years.

net debt on December
and tax rate have been
Asses'dVal. Tax p.$l, 000

$27-50
"I
$5,415,887
27-50
63,^03,920
5,350,905
27-00
5,595,700
62,685,080
2700
5,824,521
62,130,350
27-00
61,086,700
6,082,947
2900
6,575,859
59,939,040
24-00
43,663,270
4,351,090
22-50
35,279,170
1,896,400
Population.— in i89o population was 88,150 in 1880 it was
51,647 in 1870 it was 31,274; fn 1899 (est.) 140,000.

1899
1898
1897
1896
1895
1894
1890
1885

;

;

Columbus School District.— J. A. Williams, Clerk.
When Due.
When Due.
LOANS—
LOANS—
5s,
5s,
5s,
5s,
5s,

A&O,
J&D,

A&O,
M&S,
A&O,
4^8, F&A,
M&S,
4s,

I

$85,000... Apr.
85,000.. .Dec.
110,000... Oct.
110,000... Sept.
40,0C0...Oct.
25,000.. .Aug.
75.000... Mar.

Mar. 1, 1918
1901 4s, M&8, $65,000
Mar. 1, 1919
1,1906 4s, M&S, 65,000
1,1912 Bonded debt Mar., 1900. $710,000
59,200
1, 1913 Sinking fund
1,1914 Assessed valuation '99.64,344,990
$6-60
1,1916 School tax (perM.) 1899
135,000
1,1917 Population 1899 (est.)
1,

COSHOCTON.—
Fred. Wagner.
Coshocton County.
This village

is

in

LOANS—

6s,

6s,

M&S,

68,
6s,

M&S, $1,500
Sept., '00-'14
M&S, 27,000... Sept. 1, 1901 to

$22,500.... Sept. 1, 1900
($1,500 due yearly) toSept.1,1914

($1,800 due yearly) Sept.

Bridge Repair Bonos—
5s,

,

1,

1915

$10,OoO

Sewer Bonds—
6e
68,
6s,

M&N,

Partyearlv
1900-1905

M&S,

2,700. ...Sept., 1901-'06

,$2,900
3,000

CRESTLIN E.— situated
LOANS—

Building Bonds—
5s,

M&S,

$9,000... Sept.

When Due.
1,

1905-08

Oen'l Impkovement Bonds—
6s,

A&O, $10,000. Apr.

1,

1901-'02

Clerk.

Water Works—

When Due.

Strket-Paving Bonds—

M&S, $5,000
CKMEThRY BONDS—
6s, M&S, $2,000

6s,NoT.,

5.100. .Nov.

1.

1900-'02

Water-Works Improvement—
6s,
6s,

Dec,
June,

$2,000.. Dec. 16, 1903-04
3,000. June 10, 1903-04
.

1901-1903

1900-1903
($500 yearly.)
Total debt Sept. 1, 1899. $119,000
Tax valuationll898
1,759,250
Assessment about ^ aotual value.
'98.
.$33-50
Total tax (per $1,000)
Population in 1890 was
3.672
Population in 1899 (est.)
8,000

Crawford Couuty.

in

6s,
6s,

E CRAIG, Auditor.
rTlVAHDrrA
Al-lWV-xA CTi
UU. — w
M A LANDER, Treasurer.
Cleveland. The State Supreme Court has
County seat
V-»U I

5

-

-

}

.

.

declared

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 1 899 the holders of bonds mav bring suit for
reimbursement. See Chronicle, V. 69, p. 10^5. Suit was brought
and resulted adversely to the complainants.— V. 70, p. 241.
When Due.
So. Rocky Rivkk Bridge—
LOANS.
Armory Bonds.—
5s, M&N, $150,000... Nov. 1, 1904
5s, M&N, $225,000. .July 1, 1918 Total debt Mar. 1, 1900. .$54 5,000
Optional after July 1, 1903.
Tax valuation, real... 123,0 >6. 120Brooklyn Bridge—
Tax valuation, pers'al 44,088,295
5s, A&O. $82,500 .Apr. 1, 1901-'03 Total valuation 1899. 167, 144,415Chagrin River Bridge—
Assessment about 25 actual value.
Oct. 1, 1905 State & Co. tax (p.$l,000i '99.96-60*
58, A&O, $50,000
Apr. 1,1906 Population in 1890 was... 309,970
5s, A&O, 10,000
Population in 1900 est.).. 400,000illegal

S

<

DARKE

CO.— George

County seat is Greenville.
Infirmary Bonds— When Due.
$20,000
1900
6s
Ditch Bonds—
Aug. 22, 1902
$3,500
6s,
6s
Aug.,1900-'01
27,500..
($12,500 in 1900 $15,000 in 1901)

Bonded debt Mar.

1,

DAYTON-

1900..$51,000
5
I

JESSE

R.

ROBERT

W. Sigafoos, Auditor.

Tax
Tax

valuation, real... .$13,712,180
val'tion, personal.. .7,400,070
Total valuation 1899... 21,202,250
A8sessm'tabout70p. c. actual val.
State & Co., tax (perM), '99..$804

Population in 1890 was
42,961
Population in 1900 (about) .45,000

LLNDEMUTH, Mayor.
FERGUSON, Comptroller

H.

the county seat of Montgomery County.
When Due.
Street Paving Bonds— (Con.)—
Bridge Bonds—
5s,
M&N, $25,000.. Nov. 1,19155s, M&S, $8,000
Sept. 1,1900 58,
M&N, 25,000. .Nov. 1,1917
($4,000 due y'rly.) to Sept. 1, 1901 3^8, J&D, 1 0,000.. Dec. 1, 191%
5s, M&S, $5,000. .. .Sept. 1, 1902 5s,
M&N, 25,000. .Nov. 1,19195s, M&S,
5,000... .Sept. 1,1903 6s,
..
.. 681,000 .1900 to 1909
This city

is

LOANS-

5s,

A&O,

1,1904

12,000.... Oct.

City Hall

Bonds—

Fire Department Bonds—

M&S, $9,000
Sept. 1, 190O
M&S, $71,000. Sept, 26, 1902 ($3,000 due y'rly) to Sept. 1, 1902
Extending Indebted. Bonds—
Garbage Crematory Bonds—
June 1, 1900 5s, F&A, $12,000
5s, J&D, $18,000
Feb. 1,1901
($6,000 due ye'rly) to June 1, 1902 ($4,000 due yearly) to Feb. 1,1903
5s, J&D, $72,000
June 1, 1903 5s,F&A, $5,000
Feb. 1, 1904
($12,000 due y'rly) to June 1, 1908 5s, F&A,
4,000
Feb. 1, 1905
Junel, 1909
5s, J&D, $15,000
Street Improvement Bonds—
5s, J&D.
15,000
June 1, 1910 5s, J&D, $18,000
June 1, 1JK0
Funded Debt Bonds—
($6,000 due y'rly) to June 1, 1902
M&N, $25,000 Nov. 1, 1901 5s, J&D, $72,000
58,
Junel, 1903
M&S, 65,000. Sept. 26, 1902 ($12,000 due y'rly) to June 1, 1908
48,
5s,
A&O, 120,000. Apr. 1, 1901 58, J&D, $15,000
June 1, 1909($15,000 due y'rly to Apr. 1, 1908.) 5s, J&D. 15,000
Junel 1910
General Streut Imp't Bonds—
Southwestern Sewer Bonds—
5s, A&O, $50,000
Apr. 1, 1903 4s,M&S, $3,000
Sept. 1, 190O
($10,000 due y'rly) to Apr. 1, 1907
Water-Works Bonds—
—
Park Street Sewer Bonds
4s, M&N, $505,000.... May 1, 1905
4s, J&D, $6,000
June 1, 1900
Water- Works Impr'v't Bonds—
due
y'rly)
to
June
1901
($3,000
5s,
F&A, $30,000... Aug. 1, 1900
1,
4s, J&D, $5,000
June 1, 1902 ($5,000 due y'rly) to Aug. 1, 1905
4s, A&O,
7,000
Oct. 1,1900 5s,
M&S, $20,000. .Sept. 1, 1900
4s, A&O, 24,000
Oct. 1,1901
($5,000 due y'rly) to Sept. 1, 1903
5s,

4s,

.

($8,000 due y'rlv) to Oct.
4s,

M&S, $6,000

Sewer Bonds—
5s, A&O, $25,000
5s, A&O, 25,000
5s, A&O, 50,000
5s,
5s,
4s,

A&O

1,
Sept. 1,

25,000

A&O, 25,000
A&O, 50,000

1903
1900

Apr. 1,1912
Apr. 1, 1914
Apr. 1, 1915
Apr. 1, 1916
Apr. 1, 1918
Oct.l, '08 to

A&O,

$100,000... Apr. 1, 1906
($25,000 due y'rly) to Apr. 1, 1909
4*28. F&A, $15,000.. Aug. 20, 1900
($3,000 due ye'rly)to Aug. 20, 1904
48,
A&O, $6,000.. Oct. 1,1900
($3,000 due y'rlv) to Oct.
1, 1901
4s,
A&O,"$20,000..Oct. 1,1901
($4,000 due y'rly) to Oct.
1, 1906
4^8, F&A, $5,000. .Aug. 20, 1905
5s,

1. 1912
Levee Bonds—
Police Deficiency Bonds—
5s, A&O, $15,000
Oct. 1, 1904
5s, M&S, $16,000
Sept. 1, 1900 48, A&O. 150,000
1907-19D3
($4,000 due y'rly) to Sept. 1, 1903 ($10,000 yearly on Oct. 1, 1912;
Street Paving Bonds—
$15,000 yearly to 191S.)
F&A, $25,000.. Aug. 1,1906
5s,
Wolf Creek Impr'v't Bonds—
5s,
A&O, 300,000.. Apr. 1,1911 4s, M&N, $21,000
May 1, 190O
($50,000 due y'rlv) toApr. 1, 1916
($7,000 due y'rly) to May 1, 1902
5s,
A&O, $75, 000.. Apr. 1,1917
Sewer District Bond's—
($25,000 due y'rlv) to Apr. 1,1919 6s,
1900 to 1903
,$75,000
5s,
M&N, 25,000.. Nov. 1, 1913
TQTAUDEBT, Etc.—The subjoined statement shows Dayton's

($10,000 due yearly.) Oct.

municipal debt, the tax rate levied for

all

purposes (State, countv,

city and school), etc.
Years.
Total Debt

Mar. 1
Assessed Tal.
Tax p. $1,000
1900
$25-60
$2,310,000
$42,565,200
1899
2,38^,000
41,796,1-0
2460
23-80
1898
2.263,000
41,785,530
1897
26-40
2,339,000
41,873,440
1895
2,497,000
41,048,210
26-0O
1890
1,497,160
2240
30,723,730
1885
1,160,500
2240
25,473,980
22-50
1880
1,099,000
19,816,640
22*20
1875
1,011,200
19,939,970
20-50
1870
357.617
16,254,760
The total debt March 1, 1900, was $2,310,000, including a water
debt of $701,000 In addition to the total general debt there were outstanding on March 1,1900, special assessment bonds to the amount
of $756,000; 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, 1900, amounted to $61 8,"07 3S.
The actual valuation of property is estimated at about $100,000,000.
PAR VALUE OF BONDS— The bonds are all for $1,000 each, interest payable atthe American Exchange National Bank, New York City.
POPULATION-—According to a local census taken in February,
1896, it was 79,331; in 1890 it was 61,220; in 1SS0 it was 3>.>

—

Dayton School

William G. Haevssier,
District.
Clerk Board of Education.
Deficiency Bonds— when Due. Bonded debt Mav 1/99. $< $.\00O

4s,

J&J, *83,00O

191 1-1-

1, 1911. and $50,000
July 1, 191 J
J&J. $30,000
J ulv 20, 1 909
Jau. 15, 1910
J&J, 27.000
SCHOOL Bonds.
M&N. $50,000
May 1, 1913

(33,00a July

J&J. $2,600

M&S, 1,400

ment bonds is payable in N.Y. City;
on remaining issues in Crestline.

:

When Due.

LOANSSewkr Bonds —

.

ls;>9-'01

)

Sept .1!>00-'01

4s,

967,200

Is,

Total debt Sept. 1/98..

Street Improvem't Bonds Tax valuation, real, '97
6s, J&J, $13,800. Jan. 1, 1899*07 Tax valuation, pers/97.
'

y'rly). •00

M&8,$46,500. ($2,500

School House—

6s,

Population in 1890 was
2,911
INTER EST on general improve-

;

$15,000.... Sept. 1, 1909
43,000.... Nov. 1,1909
300,000.... Apr. 1, 1910
10,000.... June 1,1918

5s, J&D, $400,000.... Dec.
5s, A&O, 150,000.... Apr.
175,000.... Nov.
5s,
30,000.... July
4s, J&J,
100,000.... July
4s, J&J,
50,000.... July
48, J&J,
4s, M&N, 100,000.... Nov.
57,000.... Nov.
4s. M&N,
50,000.... July
4s, J&J,
75,000.... June
4s, J&D,

F&

81

is

Sewer Bonds— (Con.)—

$4,000.... Sept. 1,1902
6s, M&8,
6s, J&D,
20,000. . . .June 1, 1904
17,000.... July 1,1904
6s, J&J,
10,000.... Dec. 1,1900
5s, J&D,
5s, J&J,
48,500.... July 1,1902
40,000.... Nov. 1, 1910
5s. M&N,
10,000.... Dec. 1,1910
5s, J&D,
5s, J&J,
200,000.... Jan. 1,1911
1,500.... Mar. 1,1911
5s, M&S,
30,000.... July 1,1912
5s, J&J,
5s, M&S, 100,000.... Sept. 1, 1913
4»38,M&8,250,000
.Sept. 1, 1921
4,500.... July 1, 1901
48, J&J,
4s, M&N, 165,000.... May 1,1903
29,000.... May 1,1904
4s, M&N,
4s, J&D,
118,000.... Dec. 1,1905
25,000.... June 1,1906
4s, J&D,
4s,
45,000.... Aug. 1,1906
A,
10,000.... Oct. 1,1906
48, A&O,
17,000.... July 1,1907
4s, J&J,
8,000.... Dec. 1,1907
4s, J&D,
12,000.... Feb. 1,1908
4s, F&A,
Junel, 1908
4s, J&D,
5,000
4s, J&J,
20,000.... July 1,1908
47,000.... Aug. 1,1909
4s, F&A,

AND TOWNS,

t;:'s,4io

114,900
Total valuation L898... 1.O77.280
Assessment about -:s aotual value.
Tax rate (per $1,000) '98...$2 3 -60

•Is.

DEFIANCE.—J.

Assessed varatioii.real.31. 000,000
ased val'tion, per.. ll.OOO.OOO
Total valuation 1S!'^.. 42.000.000
School tax iper $1.0001 '97.. .$7*80
Total tax tper $1,000)
23'SO

J. Mallet, Clerk.
County seat of Defiance County.

SW£ AW

82
When

LOANS-

Library Bond—

5a,

.1902

$1.000

5s

Sbwbb BoNDs-(Con.)—
5,400
Street Improvement Bonds—

/>«(".

Electric Light Bonds—
4>as, MAS. +'25.000.. Mar., 1904 to
Mar., 1916
($1,000 each M&S)

6s

$49,400
6,000
58.000

,

5H8
5s,

13,000.Mar.,1901-'10
1917 Bonded debt Nov. 1, '99. .$240,800
4»a8, ...«., $25,000
25.000 Mar. 1, 1902 Assessed valuation '99.. 2,241,490
5s
29,000.-1899 to 1912 Tot.taxrate(per$l,000)'98.$3800
5s
7,694
20,000..8ept.l,'10to Population in 1890 was
4i«s, M&3,
10,000
($1,000 each M&S.) Mar. 1,1920 Population 1899 (est.)
Interest is mostly payable at City
Is. M&S, $2 1,000... Mar. 1, 1910 to
($1,000 each MAS.). ..Mar. 1, 1920 Treasury, but on the 6 per cent
bonds iri New York.
Sbwbb Bonds—
$1,000
5*28,

Refunding Bonds—

8UFFIEMSNT.

CITY

413B

LOANS—

When Due. Water debt (included)
Tax valuation 1898

Refunding Bonds—
68,
4s,

,$14,000

4s,

MAS.50,000

1900-1906
Sept.

.

5s
$150,000
Total debt Aug. 1, *99.

1919

1,

New York City.

623,074

.

$200,000

. .

2,442,430
Real valuation 1898. . . 4,000.000
Tax rate (per $1,000) '98... $36*80
5,885
Population in 1890 was
Population in 1899 (est.).... 10,000
Interest on Water 5s due 1910 is
payable at the Shoe & Leather Bank

M&8, 29,734.. .. Mar. 1,'18-'19
Sept. 1, 1918
4^8, M&S, 9,867

Water Works Bonds—

LXX

Vol.

,

t^aot- LIVERPOOL...
nruDDnni — <w.
EAST
t

{

This city

in

is

c.
j. n.

davidson, Mayor.

hanley, cierk.

Columbiana County

When Due.

LOANS

When Due
Street Improvement Bonds—

LOANS—

Water Bonds—
4s, M&N, $24,000... .May
$79.312
5-868,
Optional after May
•is, MAN, $15,000 .. .May 1,1903
Water Bonds—
($1,000 due yearly) to May 1, 1917
,

24,
24,

1937
1917

-,000.... April 1, 1918
Optional after April 1, 1898
July 1, 1920
1900-1914 5s, J&J, $90,000
4s, MAX, $15,000
Optional after July 1, 1900
6s, Sept., 26,045 .Sept.,1900-'04
26,329 ....1901 to 1905 5s, J&D, $18,500.... June 1,1923
68. Mar..
See v. To. p. 243, for maturities. Total debt Jan. 1, 1899... 296,813
18,675
Sinking fund
Library Bonds—
Dec. 1, 1919 Net debt Jan. 1,1899.... 276,138
4s, J ad. $20,000
147,500
Water debt (included)
Refunding—
3,205,320
June 1,1900 Tax valuation 1898
6s, J&D. $6,000
1905
Total
tax (per $ ,000) '99 $31-80
($1,000 due vearly) to June 1,
10,956
Sept. 1, 1924 Population in 1890 was
5s, MAS. $33,000
16,000
Optional after Sept. 1, 1914 Population in 1899 was

8ept. 1, 1900 to
sept, l, 1913

M&8, $14,000

5s,

5s,

A&O, $1

($1,000 due yearly.)

. . .

FRANKLIN. — This

village is in Warren County.
When Due. Net debt Sept. 1,1898... $58,380
978,001
WATERW'RKS &VILLAGE DEBTS— Tax valuation 1898

LOANS—

Bonded debt Sept.
Cash on hand

seat

Clerk.
School Bonds—
,

4,000..Jan. 1, 1901-'02
6,000.Sept., 1903-1905

J&J,

M&S,
A&O,

6,000..Oct.,

F& A,

15,957

M&S, $25,000

FREMONT.—
C.
Sandusky
This city

LOANS—

City Hall Bonds—
Sept., 1909
6s, J&J, $6,000

Due.

J&J, $45,000.... July 1,1924
($10,000 yearly) to July 1, 1928
Interest payable at Elyria City.
Bonded debt Mch., 1900. $82,626

4>2S,

Sewer Bonds—
$5,400

14,000
1900 Floating debt
Total debt Mch. 1, 1900.
96,626
Sinking fund assets
12,528
195,000
6s, Various, $33,294.... 1898-1901 Water debt (ad dt'l)
Total valuation 1900.... 2,850,000
Part due yearly.
Oct., 1900-'04 Assessment about 13 actual value.
6s, A&O, $3,000

500

6s, an'ly,

M&M.

6s,

Sept. 1,

3,000... May.

1900-1905

Street Improvement Bonds—

Tax

Water Works Bonds—

4*28,

J&J, $150,000. .July
.

($10,000 yearly) to July

1,
1,

rate (per $1,000) 1900.. $32-50
Population in 1890 was
5,611
Population in 1899 (est.)... 10,000

1909
1923

Elyria School District.
When Due.
LOANS—
1900-1918

— J.

C. Hill, President.
Bonded debt Apr. 1, 1900. $27,500

Assessed valuation '99 ..2,900,000
Assessment about ^ actual value.
School rate (per M.) 1899... $10-00
Population in 1899 (•st.)... 10,000

J&J, $9.500
($500 due yearly) on July 1).
6b, F&A, $18,000 ...Aug:., 1900-06
($1,500 each F&A).

6s,

EVANSTON.— Wm.
This village

is

in

.

1,000

55,962

FAYETTE CO.— John
County seat

is

Washington

Craig, Auditor.

H.
When Due. Net debt Apr. 1.1900

LOANS—

C.

$56,699
Floating debt (additional). 26,231
Tax valuation, real.. . 9.618,920
1, 1903
68.J&D, 15,000 ...Dec. 1, 1905 Tax valuation, person'l 3,580,565
1908
Total
valuation 1899... 13,199,48^
6s, M&S, 1 5,000.... Sept. 1,
Assessment is abt. ^ actual value.
Road and Ditch Bonds—
Oct. 1, 1901 State & Co. tax (per M.)'99..$8-80
$4,000
6s,
Jan. 1, 1903 Population in 1890 was
22,309
6s, ...., 16,600
Bonded debt Apr. 1, 1900. $65,000 Population in 1899 (est.)... 25,000
8,301
Sinking fund assets
NT E REST payable at Auditor's office.

Refunding Debt—
68, M&S, $15,000.... Sept.

I

This city

the

is

LOANS-

5

City Bonds—
1901-1908
1900-1910
190i-1912

5s,
5s,
5s,
5s,

$60,000.... 1900-1907

6s,

$9,000
7,500
10,000

4148,

4%s,
6a,

Gas Bonds—

$150,000.. Mar. 1,1908
25,000.. Apr. 1,1914
25,000.. Apr.l, 1919
25,000. .Oct. 1, 1921

A&O,

in

& 6s, $35,000.

.

Sewer, Etc.—
,

58,

I

10,700.. ..Apr., 1900-'08
1, 1903 to
($1,000 each A&O.) ..Oct. 1, 1909)
Total debt Nov. 28, 1900.$232,300
61,500
Water debt (included) .
2,352,875
Tax valuation 1899
'98.
.$33-40
Total tax (per $1,000)
7,141
Population in 1890 was
9,000
Population in 1900 (est.)
,

A&O, 13,800... Apr.

. .

rate (per $1,000) '99... $3 1 -00
6.326
Population in 1890 was
Population in 1900 (est.)
9,000
School District Bonds
4^8, M&S, $15,000Mar. 1, 1904 to
($500 each M&S.) ....Sept. 1, 1918

Tax

.'04-*06

Judgment 5s
Relunding68

1906
8,000
1912
87,000
Total debt Feb. 1, 1900.. $131,800
Tax valuation 1899
2,500,000
Actual value (est.) 1898.-5,000,000

INTEREST

$7,950

4s,
4s,
4s,

Homer, Mayor.

E.

Crawford County.
When Due.

—

on bonds due January

1,

GALLIA CO.—James T.
County seat

LOANS—

Turnpike Bonds—

When Due.

$40,000... 1905-09-11-15
$10,000 due each year on Jan. 15
5s,
Jan. 15, 1913
$5,000
5s,
30,000
1914 & 1916
$15,000 due each year on Jn. 15
4s, F&A, $60,000.... Aug. 17, 1917
July 1,1900
58
65,000

5s,

($3,500 to 1902; $4,000, 1903-'05;
$1,000 to 1907; $5,000 to 1909;

is

Water Bonds 1894—

/

$5,500 in 1910; $6,000 in 1911 &
1912, and $6,500 in 1913.)
5s, A&O,
40,000 .. .Apr. 6, 1918
5s. J&J,
60,000. ..July 28, 1919
Interest paid by County Treasurer.
Bonded debt Mar.l,1900.$325, 500
Tax valuation 1899
6,522,418
Real valuation
15,000,000

Tax

Street Improvement—

When Due.

Nov.

2,000

1,

1916

,

The

street

1910-1912

5s, ....,$17,000

1899-1904
$26,000.
(Various amts. in 99'00 & '04.)
1906-1907
5s, ....,$11,000
1910-1916
5s. .... 61,000
(Various amounts each F&A.)
5s, F&A, $10,500.... Aug. 25, 1917
5s, F&A,
9,000. ...Feb. 25, 1918
Aug 1,1918
5s, F&A,
7,000
Aug.25, 1919
5s, F&A, 13,000
Feb. 25, 1920
5s, F&A,
6,000
but interest

4-00

rate (per M.) 1899

Population in 1890 was
27,005
Population in 1899 (est.). ..33,000

MERRIMAN, Mayor.
I BRADBURY, City Clerk.

REDEMPTtoN Bonds—
6s,

payable at Galion.

Hanson, Auditor.

,$85,000.... Feb. 25, 1914

M&N,

is

in Gallia County.

LOANS—

5s,
5s,

1906,

ia Gallipolis.

5s,
5s,

(Part due each F&A.)
F&A,$31,500..Aug 25,1900-'08
F&A, 13,500.. Aug. 25, 1909

Total debt Jan. 15, 1900..$275,000
Interest payable at City Treas'ry.
Assessed valuation, real$l,068,390
Ass'd valuation, pers'l... 816,212
Total valuation 1S99
1,884,602
Assessment about »s actual value.
Total tax (per $1,000) '99... $31-20
Population in 1890 was
4,498
Population 1897, about
6,885

improvement bonds have been declared unconstitutional,
being paid promptly upon all the bonds.

is

GLENVILLE.— Ira.
This village

is

LOANS—

in

C. Farley, Clerk.
Cuyahoga County.
When Due. Bonded debt Sept. 1, '98 $136,200
Oct.. 1900, to
Oct., 1908

($500 each A&O)
Fire, Water, Lighting, Etc.

$35,125..1900 to 1909
20.000..1901&1906 Total debt Mar. 1, 1900.. $521, 755
BondsWater
debt (included)
Street Improvement
283,000
1900-1909 Tax valuation 1899
$97,130
6s
6,342,350
Tax
rate
(per
Bonds—
99
Water
$1,000)
... $32 -00
$50,000.. 1907 & 1922 Population in 1890 was
6s,
18,553
13,000.... Aug., 1922 Population in 1895 (est.)... 21,500
6s,
NTEREST is payable at the Fourth National Bank, New York City.
CITY PROPERTY-—The city owns its water works and gas plant.

68

is

Sewer Bonds—
Ps, A&O, $8,500

GEO. NEMEYER, Mayor.
I A. W. RAY, Clerk.
county seat of Hancock County.
When Due.
Water Bonds— (Con.)

FINDLAY.

GALION.-J.

This city

Jan. 2, 1900... $74,938
Assessed valuation 1899. 400,000
Assessment abt. 40% actual value.
Total tax rate (perM.) '99.. 23-80
Population in 1900 (est.).... 2,000

sewer assees-

mentbonds

($500 each A&O.) .. .Oct.,1911
Water 58
1904
$71,000
Water 4s, $4,000
April, 1906

1

When Due. Total debt

$11,000
Water bonds
Cementwalk & light bonds. 6,976
Fire bonds.
Street and

6s, 78,700
1911
4s,
2,500.. 1900-*04
5s,
5,000. .'99-1905
4s, 16,000. Apr.l, '09
(part subject to call after 1899.)
4s, A&O, $11,500 ...Oct., 1900. to

GALLIPOLIS.— {t

H. Krapp, Clerk

Hamilton County.

LOANS—

do
do
do
do

LOANS—
When

Refunding Bonds—

Street (mprov. 5s, $66,100... 1916

do
do
do
do

1901 '19

F. Bell, Clerk

County.
When Due.

in

is

1,

1.)

Total debt Apr. 1, '99... $919,000
Tax valuation, 1898.... 84,289,620
Assessment about *9 actual value.
State & Co. tax (per M.),'99..$8'69
Population in 1890 was.. ..124,087

Sept. 1, 1903

J&1>,
15.000
1900-1902
($5,000 yearly on Dec. 1.)

6s,

May

$259,000
A&0,$1 14,000. Apr.

6s,
4s,

400,000

4H)S

.

($6,000 yearly on

Defic'y& Bridge Bonds—

Elec. light 5

LOANS—

Defic'y & Bridge Bds.— (Con.)
M&N, $114,000. .1900 to 1918

5s,

M & $30,000 each S)

($20,000 each

H. Park, Clerk.

When Due.

LOANS-

is

When Due.
Bridge Emergency Notes—
5s, M&S, $120,000. ..M&S 1901-03

This city

situated in Lorain County.

city is

6s,

Hill,

Population 1897

1906 1908

ELYRIA CITY.—W.
This

B.

$25,000. Aug., 1911-1923
Total debt Feb. 27, 1900. $109,000
$9-00
School tax (per $1,000)..
Assessed valuation, '99.3,331,980
10,956
Population in 1890 was
4s,

A&O, $18,000.. Oct 1900-1908
J&D, 50.000..June 1909-1933

58,
5s,
6s,
4s,
48,

— W.

W. H. HALLIDAY, Auditor.
NELSON A. SIMS, Treasurer.

LOANS—

1

East Liverpool School District.

1, '98... $62,000

FRANKLIN
CO.—
County
Columbus.
5s,

$28-90
2,729
2,385

Total tax (per $1,000) '98
Population in 1890 was
3,620 Population in 1880 was

1901-1923

$62.000

5s,

4*2 to 6, $136,^00 ...1899 to 1917
5s, A&O,
21,000. . . .Oct. 1, 1919

Sinking fund assets
29,170
sept. 1, 1898.
107,030
Assessed valuation '98. 1,200.000
35-60
Tax rate (per $1,000) 'm8
Population 1899 (est.)
5,000

Net debt

.

Glenville School District.

— Chester L.

Arthur,

Clerk Board of Education.
[$30,000 bonds are offered for sale April 4, 1900.]
When Due. Assessed valuation '98. $1,200,000
LOANS—
5s, A&O, $31,000
-Oct., 1900-30 School tax (perM.) 1899
14.00
Bonded debt Jan. 1, 1900.$31,000 Population in 1900
6,000

—

'

I

I

I

I

FOSTORIA.—J.
This city

is

LOANS—

Sewer Bonds—
6s,

,

M. Schatzel, Clerk.

in Seneca County.

$259,000

LOANS—

When Due.

When Due.

Street Improvement—
1899-1910

6s,

,

$112,473

1899-1911

GREENFIELD.—Jno.

W. Case, Treasurer.

This village is in Highland County.
1911 Total tax rate (per M.) '99. .$34-00
Water 5s, $35,000
1911 Population in 1890 was
Electric 6s, 20, 000
2,464
Population in 1880 was
Improvement 6s, $15,700
2,100
Total debt Feb. 25, 1900.. $72,200 Population in 1896 (est.)
4,500
Tax valuation 1899.. ..$1,106,565

GREEN VILLE.—Eliot M. Miller, City Clerk.
This city

is

in

Darke County.

QttIC— PITIES

April, 1900.
When Due.

LOANS—
4b, Jan.,

$66,000. ..Jan., 1901-'15

Water Works Bonds—

$19,000.... Dec. 12, 1917
5,000.. ..Oct. 27, 1902
56,000.. ..Dec. 12, 1918

5s
5s
5s

Sewer Bonds—

4s,
4s,

Mar., 1918
M&H, *3,000
M&S, 70,000... Mar., 1919-1928

Natural Gas Refund. Bonds—
1900-1905

$00,000

6s,

($10,000 yearly on June 1.)
Total debt Mar. 1, 1900.. $206,000
Sinking fund assets
10,000
Tax valuation 1899
2,850,090
Total tax (per $1,000) '99. .$24-74
Population in 1890 was
5,473
School District Bonds—
6s, semi-an., $5,000...

R. S.
HAMILTON.—
County.
This

1901

&

1902

Deficiency Bonds—

LOANS-

1899-1911
$03,000
Electric-Light Bonds—

When Due

Assess.ment Bonds
4^8, sewers, $68,318, .1899-1913
Gs, sundry,
13,918. .1899-1905

Street Improvement Bonds—
M&S, $100,000. July l,'0i to '18
$50,284... ..1*99-1913
4^8,
Gas Works Bonds—
'18
4s,
1899-1908
.....
17,000
5s, F&A, $135,000. Feb. l.'Ol to

5s,

(Subject to call after Feb.

Refundino Bonds —

1, '09.)

$36,000.-1900 to 1905

5s-6s

Sewer Bonds—
$95,551
4^8
,

Water Works Bonds—

5s,

5s

,

<>s

1899-1911
1899-1915

1899-1915
1900-1907
1900-1901

J&J, $290,000
4,000
2.0u0

,

Total debt Jan.

1899.. $9t)2,607

1,

Bonds owned by city...
16,045
8.510
Net debt Jan. 1, 1899.
886,502
($500 yearly to 1914.)
1899-1924 Water debt (included)
297,500
13,025
.....
4s,
1900-1909 Total valuation 1898... 8,197,847
8,200
4s
1900-1913 Assessm't about 2-5 actual value.
4,200
4^58,
Total tax (per $1,000) '98. .$28-35
Refunding Sewer Bonds—
20,306
4^8, F&A, $2,250.. Aug. 1. 1900 Population in 1895 was
Population in 1890 was
17,565
($250 yearly) to Aug. 1, 1908.
1900-1908
1,160
4^8,
INTEREST on water bonds is payable at First National Bank, New
York City, and upon all other bonds at city treasury.
4s, ann.,

«:i
Poor Bonds—

When Due.

6b,

1900-1908

6s, ....,$19,500

Ditch Bonds—

A&O, $67.500.... July, 1900-08
(Payable by special assessment.)
Pike Bonds—

6s,

A&O,

1900

$39,500

to

1903

payable at the Hanover Nat Bank,

is

New

York, and at

office.

HENRY COUNTY.— David
County seat

1908

to

Population in 1390 was
28,939
Population in 1900 (est.).... 40,000

$30,000.... July, 1900-03

Bridge Bonds—

6s, .... ,

1900

$5,000

Interest is payable in N. Y. City.
Total debt Jan. 1,1900 $161,500
Total valuation 1 -99 ... 1 1 .777,000
Assessment abt. - actual value.
State A 00. tax [per M.) '99.$12-0O

6s,

the County Treasurer's

Woodruff, Clerk

When Due.

4*2S, ..--,

LOANSArmory Bonds—

INTEREST

city is in Butler

LOANS—

TQWjNS.

/k]MD

F.

Cue, Auditor.

Napoleon.

is

Ditch Bonds—
J&J, $10,000
J&J, 1900-02
April 1,1904 Total debt Mch. I, 1900. si7_',00O
5s,
$30.000
July 1,1905 Townsnip debt (included)
4s, J&J, 65,000
77,000
Sinking fund
98,000
(Subject to call before maturity.
74,000
Township Road Imp. (Special) — Net debt Mch. 1, 1900...
July 1, 1905 Total valuation 1899
6,815,560
5s, J&J $26,000
July 1, 1905 Assessment about *3 actual value.
5s, J&J
9,000
July 1,1906 State & co. (per tax M.) '99. $13-24
5s, J&J 11,000
July 1, 1907 Population 1890 wa-...
25,080
8,000
5s, J&J,
Nov. 1, 1907 Population in 1900 (est.)... 30,000
13,000
5s,

LOANS-

Refunding Bonds—

When Due.

5s,

,

.

.

Hamilton School

District.
Clerk Board Education.

LOANS—
3i«8

When Due.
1902

,$3.000

3^8,

,

14,000.... 1903 to 1909

Building Bonds—

— W.

ANDREWS,

N.

When Due-

Building Bonds -(Con. )—
J&D, $10,000.... June '19&'24

19i 0-1911
6,000
Refunding Bonds—
1901
$13,500
1908-1934
($4,000 due yearly)to Feb.24,1902 4a,
($500 yearly.)
5s, Apr. 8, $4, 000.... April 8, 1901
5s, Mar. 2, 40,000 ...Mar. 2, 1903 Bonded debt Feb., 1900. $143,500
($4,000 due yearly) to Mar. 2, 1912 Assessed valuat'n 1899.8.761,657
5s.
Oct. 9, $20,000.. Oct. 9, 1913 School tax (per $1,000) '99.. $7-00
($4,000 due yearly) to Oct. 9, '17 Interest payable at First National
Bank, Hamilton. O.
1923-1928
3^8, ....$16,000
4^8, July 7, $30,000..July 7, 1905 Population in 1900 (est.)... 25,000
($3,000 due yearly) to July 7, 1914
,

6s, Feb. 24, $8,000. .Feb. 24,

HAMILTON
CO.—
County
seat

is

LOANS—

When Due.

A&O,

$15,000... Apr. 30, 1919
100,000... Dec. 1,1937
Subject to call after Dec. 1, 1917
4s,
4s,

J&D,

Bridge Bonds—
M&S, $58,000.. Sept.

1901
M&N, 46,000.. Nov.
1902
Feb. 7, 20,000.. Feb. 7,1904
Feb. 28, 75,000.. Feb. 28, 1904
17,000. .July 11, 1904
J&J.
A&O,
15,000. .Oct. 1, 1905
J&D,
25,000. .June 16, 1916
M&N, 79,500. .Nov. 25, 1916
F&A, 107,000.. .AUi?. 10, 1918
A&O, 99,000... Oct. 26, 1918
M&N, 14,000... May 6, 1900
J&J.
31,000. ..July 8 1919
3ha. F&A. 4,750 .Aug. 26 1919
3»«8, M&N, 10,000. ...Nov. 4, 1919

4s,
4s,
48,
4s,
4s.
48,
4s,
4s,
4s,
4s,
5s,
4s,

1,
1,

TILDEN R. FRENCH, Treasurer.
When Due.
LOANS—
Aqueduct Bonds— (Con.)—
J&J, $60,000.... Jan. 27,1917
Subject to call aft. Jan. 27, 1907
Mch. 4, 1919
3>s8. M&S, $15,000.
Subject to call after Mch. 4, 1909

4s,

Real Estate Record—

$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.,

Tax Duplicate—
M&N, $65,000.. .May 1,1915

5s,

Subject to call

—

.

. .

. . .

WOLFE, Auditor. County seat is Findlay.
When Due. Total debt Sept. 1
LOANS—

Court House Bonds—

5s
412s.

$105,000
60,000

1909-1918
1900-1905

$38,000

1898-1901

Ditch Bonds—
6s,
5a.

F&A,

Mar.

$26,000
10;000

6s,

5b

Sept.

P.

De

Tax

'93
valuation, real

Tax

valuation, personal 6,218,750

,

. .

$227,000
14,941,066

Total valuation 1898. ..21,159,816
Assess'tabt. 40 per cent, aot'l val.
County tax (per 1,000) 1899 $6-70
42,562
Population In 1890 was
Population in 1880 was.... 27,784

13.500. Aug.1900 to '05

seat

is

James Bastable, Auditor.

5s
Mar. 1, 1904
$28,500
Total debt Sept. 1, 1898.. $30,500
Tax valuation 1-98. ... 11,195,077
Population in 1390 was
29,049
,

1908
1,1901

1,

County seat

of

City Clerk.

Lawrence County.

3,500

J&J, $20,000 00.. July 1, 1907
Street Lmprov e m bht.
Payable by special assessment.

1910
1,1914

4s.

Refunding
Sept. 1, 1915
M&S, $30,000
Refunding Wharf Bonds -

5s,

6s

..July 11, 1908
5s, J&J, $6,500.
Subject to call after July 11, 1903.

4s

Sewers, Etc.—
5s, J&D, $25,000
Street Bonds—
5s, J&D, $25,000

,$21,570 70.

.

.1900-1904

Temporary Loan Bonds—
,$17,"00

Bonded debt Mar. 1,1900. $265,000
Water debt (included)
155,000
.

.

.

June 1,1912 Spec. asst. debt (add'n'l). 21,570
Temporary loans (add'n'l) 17,800
June 1, 1912 Tax valuation 1899
3,125,811

Water Bonds.
5b,

When Due.

Water Bonds— (Con.)

Sept. 1,

May
Bonds—

M&N,

LOANS-

When Due.

Memorial Hall.
5s, M&S, $20,000
5s,

A.

J

City tax <per$l,<>00) 1899.. $10-10
Total tax (per $1,000) 1899 30-20
Population in 1890 was
10,939

Jan. 1,1906

J&J, $90,000

Mar.

1, 1911
1,1906 Population 1900 'est.)
15,000
INTEREST on the wharf bonds, on the special assessment bonds,
and on the temporary loan bonds, is payable at the City Treasury; on
aU other bonds at the National Park Bank, N. Y. City.

5s,M&S, 18,000

27,000.... July

J&J,

JACKSON
CO.— 0.
Jackson
county
is

the

Schellenger, Auditor.

P.

seat.

LOANS—

Turnpike Bonds—

When Due. Assessed val., personal.$2, 500,000

5s, semi. an.. $20, 000
4b, eemi-an 180,000

I

I

Bonded debt, May 20.'99. $200,000
Assessed valuation, real. 4,000,000

Total valuation, 1899
6.500,000
Assessment about \ actual value.
state & Co. tax (per M.) '98.. $12-54
Population 1890 was
28,408
Population 1899 (est.)
35,000

JEFFERSON
CO. -Geo.
County

P.

Harden,

Auditor.

seat is Steubenville.

When Due.
LOANS—
Turnpike Bonds—
J&D,
June
5b,
$115,000....
1, 1902
5s, J&D. 116,500.... June 1,1910
Subject to caU June 1, 1905
Junel, 1911
5s, J&D, $87.000
Subject to caU June 1, 1899
Apr. 1, 1913
5s, A&O, $75,000
6s, F&A, 44,000. Feb. 20, 'Ol-'ll
Interest payable at County Treas.

KENT.— W.

Total debt Feb.10,1900 $393,500
Sinking fund
70,000
Net debt Feb. T20, 1900.
323,500

Tax valuation, real
11,911,780
Tax valuation, pers'L.. 6,122,100
Total valuation 1899... 18,033,880
is *a actual value.
State & Co. tax (perM.) '99..$19-P0

Assessment

Population in 1890 was

39.415

H. Btjshnell, Treasurer.

situated in Portage County.
When Due. Total debt Sept. 1, 1899. $80,000
LOANS—
Imp. and Park Bonds—
Total valuation 1898
1,400,806
1922 Tax rate (per $1,000) 1898. $2340
6s, M&S, $80,000
Population in 1890 was
3,501
These bonds have been repudiated by the City Council on the ground
they
illegally
issued.
interest
due
that
were
The
September 1, 1896,
was not paid. In 1900, however, tne United States Circuit Court of
Appeals affirmed the validity of the bonds.

This city

is

KENTON.—
C. W. Faulkner,
Hardin County.
This city

is

LOANS—

When Due. Total debt Feb. 4. 1899.. $174,982
2,153,400
Tax valuation 1898

$58,000

1907-1925

I

Refunding Bonds—
4s,

|

Sewer Bonds—
6s, A&O, $7,000

1899-1902

$25,982

1899-1903

$84,000
15,000

1900-1919

6s

Water Works Bonds—

5s
4s

,

LOANS—

is

When Due.
19f0-l(U6

in Fairfield

LOANS—

A&O,

$10,000.. Oct., 1916-'17

|

Heart-well, Auditor.

Geo
LANCASTER.—
Countv.
This city

6s,

|

15,O00..June, 1900 '09
20.000. June. 1910-'19
15,000.. 1903, '07&'09

,

School District Bonds-

I

the count v seat.

$46,000

J&D,
J&D,

j

Total tax (per $1,000) 1898.$36-20
Tax valuation 1891
$1,827,170
Population in 1890 was
5,557
Population in 1899 (est.)
8,500

1903-'07.'09

Bridge Bonds—
J&J.

I

I

LAKE CO.— E. D.
is

I

I

Street Improvem't Bonds—

5s,
4s,
49,
4s,

Clerk.

in

When Due.

Citt Hall Bonds—
6s. F&A, $45,000
1900
($10,000 yearly).

HARDIN
CO.
County
Kenton.

W. Shaffbb, Auditor.

M. COLLETT, Mayor.
IRHMTHW
1 LJ1N. — $GEO. H. DAVIES,

lrteJlN

Painesville

HANCOCK COUNTY.— Surrel
F&A $50,000.. ) Aug.l. 1900
to
($2,O00y'rlvtol912;S$3,000 thereafter.) ) Aug.l, 1920

LOANS—

. .

aft. May
1, 1905
Platting
4s, J&J.
$12,280.. .Jan. 22. 1903
4s, F&A,
8,000... Feb. 13, 1904
4s, F&A,
24,500.. .Feb. 1,1919
Court House—
Subject to call aft. Feb. 1, 1909
58, F&A, $50,000... Aug. 1,1934 4s, J&D, $15,000. .June 1,1922
Subject to call aft. Aug. 1, 1914
Subject to call aft. June 1, 1912
5e, J&D, $35,000... Deo.
1,1934
Road and Avenue Bonds—
Subject to call aft. Deo. 1, 1914 5s,Mar.l4,$ll,000.Mar. 14, '02-'04
4s, J&D, $15,000.. .June 1,1934 4a, Oct. 20, 6,500. .Oct. 20, 1901
1900-1902
Subject to call aft. June 1, 1914 4s, July 1, 13,500
4s, M&N, $350,000 May
1,1935 4s, Feb. 7, 16,000. ...Feb. 7. 1901
Subject to call aft. May 1, 1915
($4,000 due y'rly) to Feb. 7, 1904
4s, J&D, $125,000... June 15, 1936 4a, J&D,
30.000.. .Dec. 12, 1911
70.00O. ..June 1,1912
Subject to call aft. June 15, 1916 4s, J&D,
County Bonds—
4s, M&N,
45,000 ..Nov. 1,1913
5s, J&D, $150,000... Deo. 16, 1914 4s, J&D.
13,000. ..June 30, 1914
Subject to oall aft. Deo. 16, 1904 4a, A&O.
29,000
Oct. 1, 1914
M&N,
260,000..
May
15, 1916 4a, Oct. 25, 90,000. ..Oct. 25, 1913
4s.
Dist. Assessors' Relief—
Subject to call aft. Oct. 25, 1903
4s, J&J,
$20,000... Jan. 15, 1901 4s, F&A. $36,000
Aug. 7, 1900
Fair Grounds Ext. & Imp.—
($6,000 due yearly) to Aug. 7, 1905
5s, July 16, $10,000.July 16, 1902
Turnpike Bonds—
Longview Improvement—
5s, Sept. 16, $12,000. Sept. 16, 1903
5s, A&O, $25,000.. .Oct.
1,1916 4s, J&D,
20,000.. .Deo. 12, 1911
Subject to call aft. Oct. 1, 1906 4s, J&D,
31,000.. .Deo. 24, 1912
$50,000... Deo. 1,1917 4s, M&N,
5s, J&D,
14,400.. .May 31, 1913
Subject to call aft. Dec. 1, 1907 4s, M&S,
27 ,000... Sept. 1,1919
5s, A&O, $25,000... Nov. 1,1918
Subject to call aft. Sept. 1, 1909
8ubject to call aft Nov. 1, 1908 Total debt Sept. 1,1899 .$2,660,430
4a. J&D, $30,000.. .Deo. 12, 1921 Tax valuation, real. ... 200,000,01
Subiectto call aft. Dec. 12, 1911 Taxvaluat'n.personal. 38,000,000
4s. F&A, $30,000... Feb.
6,1922 Total valuation 1900. .238,000,000
Subject to call aft. Feb. 6, 1912 State & Co. tax (per M.) 1899 $7-02
Aqueduct Bonds—
Population in 1890 was.... 374,574
Aug. 22, 1916 Population in 1896 (est.).. 500,000
4b, F&A, $25,000.
Subjeot to call aft. Aug. 22, 1906

4^8.

Hillsborougu.
When Due.

is

County Bonds—

4s,

EUGENE L. LEWIS, Auditor.

Cincinnati.

Armory Bonds—

seat

LOANS—

LOANS—

4s,
4s,

HIGHLAND
CO.— Geo
County

to

1904

Fire Improvement Bonds—
5s, J&J, $7,000
$2,000 yearly

$81,000
Bonded debt Junel. '99.
Assessed valua'n 1889.13,045,910
1 e .235
Populat ion 1 890
20,000
Population 1399 (est.)

II.

Miller, Treasurer.

Strket Improvement B>>^
$9,910.
June 1, 1901
June 1, 1906
5.229.
-

6s, J&D.
Bb, J&D,
Be, MAS.
Be, 51 AS,
C>s,

15,900

900

F&A, 5,500
780
F&A,

Mar.
Mar.

1

,

\ue.

1.
1,

Aug.

1.

1901
1905

Si

STATE AND CITY SUf ?t£W£NT.

LOANS—

When Due. Total valuation

1899... $3,185,960

Water Works—
Assessment about 3. actual value.
5s, M&N. $'23,000.... $2,000 yearly Total tax (per $1,000) 1899.$2300

7,555
Population in 1890 was
Population In 1899 (est.) .. .11,000
The city owns Its natural gas plant, from which is derived a net
income of about $25,000 per annum.

'Bonded debt Mar.20,1900.$90,'.>o;t
Str't assessm't bds. (add'l).. 24,010

LAWRENCE
County seat

is

CO.— H.

R.

Brown,

Auditor.

Ironton.

LOANS—

When Due. Bonded debt Sept. 1, *98. $244,500
5,040,740
Tax valuation, real
€s
,$1,000. $1,000 semi-an. Tax valuation, personal. 2, 4 0,900
7,471,640
1899....
Tcrnpikk Bonds—
Total valuation
5s, M&S, $235,000.. Sept. l,'00-'23 Assessment is *2 actual value.

Poor Bonds—

Total tax (per $1,000), '99..$12-90
($5,000 due semi-annually.)
39,556
Population in 1890 was
4^8, ...,$6,500
4s, M&S, 20.000.. ..Mar 1,1904, to Population in 1899 (est.)... 42,000
Sept. 1, 1913
($1,000 due M&8.)
INTEREST on $50,000 of the turnpike bonds is payable at the Park
Bank, N. Y.; on all other bonds at the offico of the County Treasurer.

LORAINoounty
CO.— G.
Elyria

LOANS—

This village

is

in

LOANS

Water Bonds—

A. Kober, Clerk.
valuation 1898 $350,000
^ actual value.
Tax rate (per $1,000) '98. .$32-50
1,353
Populatiou in 1890 was..
3,000
Population in 1899 was

,$24,000.... 1911 to 1920
Street-Improvement Bonds—

5s

6s,

,$36,400

Bonded debtMar.

1,

1900 .$60,400

F&A, $33,000. Aug.

seat

County seat

is

(WM, M. GODFREY,

,

-Anthony

R. Pitzer, Auditor.

LOANS—

When Due. Total debt Feb. 1, 1900. $112,000
Bridge & Road Repair Bonds— Assessed val'n, real ..15,937,870

$73,000

1941-1942

$10,000

1900

4iss

pers'l.. 7,398,541
Total valuation, 1899.-23,336,411
County Building BondsAssessment about 65% actual val
6s, J&J, $52,000
1900-1907 State &co.tax(per$l,000)'99.$8 20
Refunding Bonds—
Population in 1890 was
43,279
6ss, J&J, $10,000 ....1903 & 1904 Population in 19 00 (est.) .47,500
INTEREST is payable at Newark, Ohio.
. .

22,500... 1901-1908
1901
50,000

,

4128,

($5,000 due yearly) to 1911
29,000. .1901 to '10

A&O,

4s,

M&N, $15,000
Children's Home—

Ditch Bonds—

1901

5s,

M&N, $3.912
A&O, 23,726

5s,

F&A,$49,000

4l?8,

1901
($7,000 due yearly) to 1907
12,000
1908
10,000
1905-1906

Court-House—
4s, M&S, $500,000*

1904
16.1901 to 1904

Ditch Redemption Bonds—

M&N, $1,000

5s,

1901

Interest pavable at Co. Treasury.

Total debt Mar. 1 1900. $880,412
1944 Tax valuation, real. .. 44,155,970
,

Tax valuation, person'1.15,263,296
Total valuation 1899... 59,419,266
Real valuation about.. 180,000,000
State and co. tax (per M.) '99. $8-50
Population in 1890 was... 102,296
Population '99 (estimated). 150,000

Subject to call 1924.

General Bonds—

4^8, M&S, $20,000
1903
($4,000 due yearly) to 1907
$26,500... .1900-1906

$220,000 coupon; $280,000 registered.

MADISON
COUNTY.
County
London.
seat

Assessed val'n,

|

1911

5s,

Building Bonds—

*

Auditor.

YOST, Treasurer.

Road Boods— (Con.)
M&S,
$15,000

When Due.

Bridge Bonds—
5s,

L.

Toledo.

Armory Bonds—
4*38, var.,

JOSEPH

(

Road Bonds—

Newark.

58, J&J, $50,000
July 1, 1905
<$10,000 due yearly) to July 1,1908

Is

LOANS—

5s,

LICKING CO.-

Asses'd valuation, real. 12,034,010

15,
15,

LUCAS
COUNTY.County

4*28

Assessment about

When Due. Bonded debt Apr. 2, 1900.$200,957

1900 Asses'dvaluation.per'l. 7,528.349
($3,000 due y'rly) to Aug.
1910 Total valuation 1899.-19.562,359
Bridge BondsAssessm't about 35% aotual value.
4s,
$160,000 Sept. 1, 1900,10 State & Co. tax (per M) 1&99 $8-80
($5,000 every 6 mos.) Mar. 1, 1916 Population in 1890 was ....40,295
Population in 1900 (est.) ...60,000
INTEREST is payable at the County Treasurer's office.
4H5S,

5s,

Putnam County.
When Due. Assessed

H. Lewis, County Auditor

seat.

Home Bonds—

Children's

5s,

LEIPSIC.— A.

the

is

LXX

Vol.

LOANS—

A. Taylor, Aud.

Refunding Bonds—
M&S, $35,O0O.Mar., 1901

When Due.

Home Bonds—

Children's

6s, .... , $23,000,

5s,

to '07

Road Improvement—

part y'rly to 1911

Court House and Jail—

6s, .....

-B.

is

6s
$7,180, part y'rly to 1901
6s, M&N, 13,760. .Mar.. 19( 0-1903
($1,720 due each M&N.)

$110,000,part yrly to 1906

Ditch Improvement—

6s, ....,$29,729, part y'rlv to 1904
5s, F&A, 8,680, pare
y'ly to '09

Total debt Mar. 1, 1900 $215,350
Tax valuation 1898.... 13,063,830
Population in 1890 was
20,050
Ditch and road improvement bonds payable by special assessment.

^

LIMA.-

<

H.

i

C. E.

S.

PROPHET, Mayor.
LYNCH, Clerk.

the couuty seat of Allen County.
When Due.
Refunding Bonds—
Sewer Bonds—
3^s, A&O, $100,000.. .Apr.1,1930
4s, A&O, $50,000.. Apr. 1, 1901 to (Subject to call after Apr. 1, 1925.)
Refunding Water Bonds—
Apr. 1, 1913
(2,000 each A&O)
Paving Bonds—
3^8, M&S, $150,000. .Mar. 1, 1925
1900tol907 (Subject to call after Mar. 1, 1920.)
6s, J&J, 34,000
69,900
1900-1908
Water Works—
58,
(Part yearly.)
5s, M&S, $50,000.... Mar. 1, 1906
6s, Julv, $2,500. .July 1,1900-'03
($10.000duey'rly)toMar. 1, 1910
1899-1908 5s, M&S, 138,000. ...Apr. 1,1916
5s. J&J, 12,000
Bonded debt Mar.l, 1900. $817,200
< Various amounts every 6 months)
5s, J&J, $44,000. .July, 1900-1908 Floating debt
35,000
t$2,000 every J&J to 1903 inclus.; Total debt Mar. 1,1900... 852,200
$3,000 ev'rv J&J from 1904 to '08.) Water debt (included) .... 338,000
5s, J&J, $40,000. Jan., 1901-1910 School bonds (additional)
35,000
A-sessed valuation 1899.6,054,180
($2,000 every 6 months J&J.)
July, 1900 to Total tax (per $1,000) '99. .$27-60
5s, J&J, $36,000
Jan.l, 1909
Assessm't about 23 actual value.
($2,000 each J&J)
5s, J&J,
$4,500. July 1/08-1909 Population in 1890 was
15.981
($2,000 due in 1908.)
Population 1899 (est.)
25,000
This city

is

LOANS-

1900-1909
J&J, *130,000
School Dist.Bds— A. Catt.Clerk.
(Part due each J&J )
5s, M&N, $15,000. Sept.1900 to '14
5s, J&J, $29.900.. Jan. 1,1900 to 5s, M&S,
15,000. Sept.l901to'15
(Part each J&J.)... .July 1,1909
INTEREST on the water bonds is payable by Winslow, Lanier &
Co., N. Y.; on all other bonds at the City Treasurer's office.
4s,

is

in

When Due. Total debt Sept. 1, 1898.. $64,500
Gas, Water & Sewer Bonds
Tax valuation 1898
959,702

INTEREST

1906 Total tax (per $1,000) '98.. $34-64
1900-1929 Real valuation 1894
2,500,000
on June 1.)
Population in 1890 was
3,119
Population 1895 (estimated). 3, 500
payable at the Western German Bank, Cincinnati, O

is

1,

is

Town Hall Bonds—

When Due.

School Bonds—
5s, J&D, $2,500. .June30,'01to'05

1923
1924

....,$15,000
10,000

$500 ann.
1910

$5,500
4,000

6s, .....

5s

Street Improv. Bonds—
($500 due yearly.)
$46,975... Part due y'rly 5s
6.000
Assessment Bonds—
Water-Works Bonds—
1900 to 1907 5s, ..... $15,000
6s, M, $5,950 40
6s,

1925

,

4^8

($743 80 annually.)
1900 to 1909
6s, J&J, $8.417
($541 70 yearly on July I.)
6s, seml-an., $9,773 20... '01 to '10

1922

15,000
1922
Bonded debt Sept. 1, '98. .$126,718
Tax valuation 1897
912,340
Total tax (per $1,000) '99... $32-22
Population in 1890 was
2,214

Subway Bonds—

,

—

M&N, $11, 500.. Nov. 1, 1928
(Subject to call after 1918,)

School District Bonds
M&S, $65,000.... Mar. 30, 1930

4iflS,

4s,

MAHONING
CO.— Wm. R. Leonard, Auditor.
Youngstown.
County
seat

is

LOANS—

When Due.

Bridge Bonds—
5s, M&S, $47,500

Children's
4H>s,

1900 to 1909

4^s,

1,

5s,

M&S, 18u,000..1900tol917
M&S, $25,000

..Sept. 1,

1901

Sept.,

1900

$8,000

Sept.,

1906

M&S, $87,500

1901 to 1917

Int.

payable at Youngstown, O.

Total debt July 1, 1899. $533,400
Tax valuation, real
17,777,130
Tax valuation, pers'l... 7,515,850
Total valuation 1898... 25,292,980
Assessm't about ^ actual value.
Population in 1890 was
55,979

County a Road Bonds—
$50,500

1900

($5,000 in 1901 and $5,000 annually thereafter.)
4128, M&S, $54, 000.. Sept. 1, 1900
($3,000 due yearly.) to wept. 1, '17

to Sept. 1, 1918
($1,000 y'rly to '11; $2,000 to '18.)
5s, Sept.,

1.

Infirmary Bonds—

1900

1917.

($5,000 to 1909, $15,000 to 1915,
$20,000 to 1916, $25,000 in '17.)
4*as,

Home—

$25,000.. .Sept.

($1,000 in '00, $2,000 yearly.)
to Sept. 1, 1916

(*5,000 annually.)
1,

M&S,

Road Bonds—

Population 1899

70,000

(est.)

Bellefontaine.

LOANS—

When Due.

Bridge Bonds—

Ditch Bonds— (Cong-

J&J, $20,000
1900 to 1903
4s, J&J,
$10,000.... Jan. 1, 1905
J&J, 17,500. ...July. 1900, to
15,000. .. .Jan. 1, 1910
4s, M&S,
($2,500 each J&J.). July 1, 1903
5s, J&J,
4,500.. Jan.l, 1904 to
Buildings and Road Imp'ts—
($500 each J&J)
Jan. 1, 1908 6s, ....,$12,000
1900-1903
Pike Bonds—
Total debt. Aug.15, 1899 $66,000
July 1, 1900 to Tax valuation, real
5s, J&J, $5,000.
9,473,690
($500 each J&J)
Jan. 1905 Tax valuation, personal. 3, 952, 680
es,
4s,

.

.

.

Ditch Bonds—

-6s

LOANS—

Works Bonds—

5s,
5s,

Carter, Clerk.

Hamilton County.

Electric-Light and Water-

5s, Sept.,

LOGAN CO.—Frank E. Milligan, Auditor.
County seat

in

($5,000 yearly) to Sept.

Hocking County.

LOANS—

Jan.

is

4^8, M&8, $90,000... Sept.

LOGAN. — This City
6s,
, $4,500
5s, J&D, 60,000
($2,'000 due yearly

MADISONVILLE.—
Bennett
Madisonville

$30,000

Total valuation 1898... 13,426,370
Population in 1890 was
27,386

Part yearly

MANSFIELD.
This city

is

<HUNTINGTO!» BROWN, Mayor.
F. M. REMY, City Clerk.

}

in Richland County.

Debt Extension Bonds—

When Due
General Improvem't Bonds—

LOANS—

6s, Nov., $9,000. Nov.

6s,

Dec, $10,000

Dec, 1900

payable at City Treas'v
Street Improvement Bonds— Total debt Oct. 1, 1899 $162,000
1900 to 1902 Water debt (included)
42,000
6s
,$37,950
4,629,960
6s, ann., 19,560. .June 1900-1903 Tax valuation, real
1H00-1903
Tax valuation, personal 2,167,530
6s. ann., 17,760.. July..
Total valuation 1898
8,< 00.. Aug. .1900-1903
6,797,490
6s. ann.,
Assessment about ^ actual value.
4,000
Total tax (per $1,000) '98 ..$29-50
Water- Works Bonds—
13,473
5s, July, $25,000.. July 1, '00-1904 Population in 1890 was
17,934
5s, A&O, 16,000.Oct.2 S.1900-1915 Population in 1899
School District Bonds
($1,000 due yearly on Oct. 23.)
4s, J&J, $13,500
1900 to 1906
1,1900 to'02

Interest

is

.

. .

. . .

ad aim —

r

JLiLJIrt /VllN

This city

is

.

in the

LOANS—

,

<

GEO.

\

Q. A.

L. GLITSCH. Mayor.
RESEK, Clerk.

county of the same name.
When Due.
Paving

Refunding Bonds—
1900-1903
$4,000
($1,000 due yearly on Oct. 28.)
1903-1912
6s
,$30,000
($3,000 due yearly on Aug. 1.)
4s. M&S, $15,000
Sept. 1, 1919

'6s,

,

Improvement Bonds—

J&J, $75,000. ... July 15, 1918
($5,000 due yearly) to Julyl5,1932
5s,
1914-1933
,$100,000
($5,000 due yearly on Sept. 15.)

5s,

Water- Works Bonds—

5s,

os

,

90,000. ..Nov. 1,1914
125,000... Aug. 24, 1915

I
'

I

I

Bonds—

I

$48,000. Part due yearly

6s

Sewer Bonds—
6s,
4s,

M&S,

—

I

,$36,500. Part due yearly
46,000. Mch. 15, '01 to
Sept. 15,

1910

($2,000 each, M&S, to 1904.)
($2,500 each, M&S, to 1910.)
Total debt Oct. 1, 1899.. $524,500
Water debt (included)... 230,000
Spec, assess, bds. (incl.)
84,500
Tax valuation 1899
3,071,140
Assessment about i« actual value.
Tax rate (per $1,000) 1898. $31-50
Population in 1890 was
4,863
Population in 1899 (est.)... 17,000
.

MARIETTA.—
Carl Becker,
Washington County.
This city

is

When Due.
LOANS—
City Hall Improvement1900-1904
SB, F&A, $2,500
($500 due yearly on Aug 1.)
These are owned by sinking fund.
Village of

Harmon—

$500 semi-an.
J&J, $5,000
Street Imp.& Elec.L't Bonds—

6s,

M&S, $7,500
Mar. & Sept.
($500 due semi-annually.)
1927
5s, ....,$15,000

4138,

Clerk.

in

When Due.
LO A N S—
Paving and Sewers—
5s,
5s,
58,

F&A, $20,000
J&D, 20,000
F&A, 10,000

Aug., 1912

June, 1913

Aug., 1900
($1,000 due yearly.)

1906-1926
5s, ..... $15,000
Aug. 1, 1927
5s, F&A, 10,000
(Subject to call after 1907.)

Refunding Bonds—

4^8, F&A, $74,000

Aug., 1912

OttIO— CITIES

April, 1900.

*ND TOWNS,
LOANS—

When Due. Interest is payable, in Marietta.
LOANS—
Refunding Water Bonds—
Bond, debt Mar. 1, 1!)00... $452,855
3i«8, A&O, $90,000.... J an. 1, 1920 Special assess, b'ds (incl.)
98,855
Bridge Bonds—
Sinking fund
24,200
428,595
5b, J&J, $70,000... July 1, 1901 to NetdebtMar. 1.19 00....
4,250, oOO
July 1, 1923 Tax valuation 1899
($1,500 every J&J)

4s,

Assessment about 2 2 actual value.
Total tax (per $1,000) '99... $28 00
Population in 1890 was
8,273

4s,

Water Works Bonds—

5s,

J&D, $10,000. June,'02

to '12
Sept., 1921

4i28,M&8, 10,000
Special assessment Bonds—
6s, semi-an., $98,855 .... 1900-1907
(Part due semi-annually.)

MARION. —

Population 1900

Marion County.

When Dae. -Tax valuation 1898
$4,003,110
Street Improvement Bonds— Total tax (per $1,000) 1898. $27-60
Population
in
1917
1894
was
10,297
6s & 5s, $334,713 ....Sept. 1,
8,327
Bonded debt Sept. 1,'98. $334,713 Population in 1890 was
School
District
Bonds—
37,545
Cash on hand.
4^8, J&D. $18,000.. June, 1903-20

LOANS—

($600 eacli J&D.)

on the street Imp't bonds

INTEREST

MACCII
LOANS—

H.

to

1903

$55,500

Cash assets
Net debt Apr.

Tax valuation

,$11,460.. ..to 1904

Total tax (per

Population in

MEIGS CO
LOANS

Bonded debt Apr.5, 1900. $84,000
Tax valuation 1899
6,346,8h 8

Deficiency Bonds—
$16.000....1906tol916

State and Co. tax (perM)'99.$12-40

Fdnding Bonds—
Population
412a, J&D, $35,000
1917 Population
M&W, l^,OOO.Mar.l903&'04
4e,
M&S, 5,000.... Mar. 1, 1905
4s,

CO.— Chas.

LOANS-

A. Kloeb, Auditor.

J&J, $8,000
Interest payable at Co. Treasury.
Total debt Mar. 1, 1900.. $96,000
Tax valuation, real
6,091,330

Tax valuation, person'l.. 2,832, 730
Total valuation, 1899.... 8,924, 060
Assessment is 13 actual value.
Total tax (per $1,000) 1899. 18-50
Population in 1890 was
27,220
Population in 1898 (est.) ...32,000

1900-1904
1900-1904

12," 00... Sept. '00 to '04
l,500.Sept., '01, '03, '04
1

MIAMI COUNTY".— J.
County
Troy.
seat

When Due.
Court House Bonds—
$161,000

1900 to 1907

J&J, $27,500
..... 34,700

1904
1900 to 1904
July

1,

.

Bridge Bonds—
J&J, $52,000

July 1, 1900
($4,000every 6mos.) to July 1, '08
5s. J&J, $20,000
July 1, 1904

5s,

Population in 1890 was
39,754
Population in 1899 (est.).. 45,000

Pike Bonds—

July 1,1900
1900 to 1904

6s, .....
$800
5s, J&J, 9,600

I

|

1

|

1

I

;

JAMES H. WILLIAMS, Mayor.
T — Je.
P. CARTWRIGHT. CLERK.

is

5

.

situated in Meigs County.
When Due.
Interest payable at Middleport.

Funding Bonds—
4s

$7,000

Sewer Bonds 6s, M&S, $14,000. Sept.
6s,

Bonded debt Mar.

M&S,

Assessment about

15, '00 '13

30,000. Sept. 15, '00-'14

MIDDLETOWN.—
This city

is

1, '99... $52,000

Total valuation 1898

FRANK STEVENS, Clerk.
HENRY ERB, Treasurer.
5s,

30, 1901

Auditor.
County seat

F&A,

CO.

Dayton.

Asses'd valuation '98.. $22,090,094
35,000,000
Real valuation (est.)
State & Co. tax (per M) '99. $10-00
. .

51,210
Population in 1890 was
Population in 1899 (est.)... 60,000

Clerk

$60,000.... Sept.

68,

County seat

1,

Population 1899 (estimated). 5,500

Herbert Atherton, Mayor.
Sewer Bonds —
5s.
5s,

....

5s
5s

1900-1932

5s

...

$25,000
16,000

Jan. 1,1906

Aug.1,1901

1900-1904
1900 5s,
$5,000
1898-1901 Total debt Sept. 1, 1898. $224,500
1900-1902 Sinking funds, &c
5,974
1899-1904 Netdebt Sept. 1, 1898... 218,526
1898-1905 Total valuation 1898.... 6,027,803

$2,000
5,000
33,000
4,500
33,299

5s,

1900-1905-

Refunding Sewer Bonds—

Paving Bonds—

5s

1898-1900

$5.000
$29,000

Refunding Bonds—

1900-1902

$3.000

6s,
5s,

$69,000
796,000

1924

of Licking County.

$33,000

.

Real valuation (est.)
Total tax (per $1,000) 1899.$43-30
4,558
Population in 1890 was
3,095
Population in 1880 was

LOANS-

5s

.

4.000,000

,

rate (per $1,000) 1898. $28-20
14,27-o
Population in 1890 was
payable at the City Treasury, Newark, O.

Tax

INTEREST

on

all

bonds

is

NEW PHILADELPHIA.
is

in

C.H.ACKEY, Mayor
I.A.CORRELL, Clerk-

Tuscarawas Count]

When Due.
Sewer Bonds—
Paving Bonds—
6s, A&O, $28-,000.Apr. 1, 1901-'14
6s
$6,096 80. June 1900 to '07 Bonded debt Mar. 1,1900 $77,096'

LOANS—
,

Cemetery Bon us-

es,

J&J, $6,000. .Nov.

Tax
1,

$5,000.. Jan. 1901 to '03
15,000.. May 1908 to '15
5i2S,M&N15,000.. .Nov. 1,1900 '04
6s,
6s,

1,369.530

valuation, real

1905'07 Tax valuation, personal.

General Improvement—
J&J,

M&N.

565,450

Total valuation 1899.... 1,934.980
Assessment 13 to io actual value.
Total tax (per $1,000)'99... $29-60
Population in 1890 was
4,456
7.000
Population 1900 (est.)

INTEREST on cemetery and sewer bonds is payable at New Philadelphia, Ohio; on improvement bonds of 1900-1903, at Cleveland,
Ohio; on remaining bonds at New York.

LEONARD HOLLOWAY, Mayor.
McDERMOTT,
JOHN
— Trumbull
C

-

City Clerk.

L.

)

County.
$12,000
Miscellaneous bonds
11,000
Imp't bonds (about)
18,000
Water debt (additional)..
70,000
Tot. debt Mar. 6,'99 (abt.) 101,600
is in

NORWALK.-T.
This
Huron

P.

Tax valuation 1898

$1 ,320,000
Total tax (per $1,000) 1898.$31-80

Population in 1890 was
4,289
Population 1899 (local est.). .8,000

Kellogg, Clerk

Countv.

oity is in

LOANS—

Bridge Bonds—
Mar. 1, 1904
M&S, $11.000
5s
,$129,500.... 1899 to 1928
($500 each M&S) to Sept. 1, 1914
6s
2.000.... 1899 to 1902 Funded debt Julv 13, '99. $160,015
11,492
Pavement Improvements—
Unfunded debt

WhenDue.

Water Bonds—

6s
5s

,

5s, ...

,

5s.

1899 to 1903
1899 to 1903
1900 to 1909

$5,800
13,615
9,787

,

171.507
Total debt 1899
Assessed valuation 1899.2,676.559
7,195
Population 1890
8,500:
Population 1899 (est.)

CHARLES PRIOR. Mayor.
NORWOOD.-!
W.
WICHGAR,
This
E.

I

!

is

in

$27,000 .. .1900-1926
($1,000 due yearly on Oct. 1.)

Extension Bonds—
Oct. 1, 1906
$25,568
Fire and Gen. Purpose, 1894—
5s,
$25,000
Aug. 15. 1914
Gen. Purpose Bonds. '92-4-5—
5s
$25,000.... Sept. 1,1915
Street Improvement Bonds 6s
1899 1908
$3,306
6s
1898-1907
5,686
5s
20,000
Nov. 15. 1917
6s
11.490
1S99-'0S
41*9, ...., 86.362 70
1900-1909
4a,
1900
to "09
14,490.. Oot.,
Pcblic Building Bonds, 1890—
5s,
July 1,1901
$1,800

6s

,

,

,

G. Feight,

Clerk.

E.

Hamilton County.
When Due.
Sidewalk Bonds—
LOANS—
Electric Light Bonds, 1895— 5s.
$61.000

,

Alfred

Starkey, Auditor.

L.

When Due. Total debt Aug. 1, 1899
Tax valuation 1899

1

*tj,300

Water Works & Sewerage—

,

is

CO.—J.

Aug.1900 to 1909
($350 each F&A.)
Impkovement
Bonds—
Street
Aug, 1900 to
6s, F&A, $5,000
Feb. 1 1910
($250 each F&A)

,

($823 85 due y'ny) to Mar. 30, '08

MONTGOMERY

1

is

5s, semi-an.,

part y'rly
$46,000
Park Bonds—
Bonded debt Deo. 1, '99. .$151,000
3iss, J&D, $25,000.... Deo. 1, 1919 Water bonds (included) .
68,500
P&A, 75,0n0.... Feb. 1.1930 Tax valuation 1899
48,
4,312,045
(Subject to call after Feb. 1, 1920.) Total tax (per $1,000) 1898.$2650
Refundi--g Bonds—
Population in 1890 was
7,681
4s, J&J, $49,500
part yearly Population in 1899 (est.)... 10,700

Paving Bonds—
5s, M&S, $6,590 80. .Mar.

1902

village is in

624,000

actual value.
Tax rate (per $1,000) '98... $3460
Population in 1890 was
3,211

When Due. 8ewer

1,

1-2

in Butler County.

LOANS—

Jan.

call.

July 1, 1901
$15,000
[ntereet is payable at City Treas'y.
Total debt Aug. 10, 1899 $68,490
Tax valuation 1898
2,462,415
Assessment is abt. 12 actual value.
Total tax (per $1,000, 808.$28-5O
Population in 1898 (est.).... 8,000'

Jamks Sharp,
NELSONVILLEThis
Athens County.

village

j

J&J, $24,000

1899-1916

Sewer bonds

Tax
$8,000 Tax

LOANS—

J.)

Sinking fund
17,000
Net debt Aug. 11,1899... 446,000

-

valuation, real
$845,070
Eleotrlc-light 5s, 1910
valuation, pers'l
904,370
Fire and light imp. 5s, 1902 1,500 Total valuation 1899. ...1,749,440
General improvement 5s.. .35,000 Tax rate (per $1,000)1899. $24*20
Street imp. 6s, 1900-'07 ... 7,224 Population in 1890 was
2,952
Total debt Mar. 1,1900
51,724 Population in 1899 (est.).... 3,600
INTEREST on general improvement bonds is payable at the Hanover National Bank of New York on remaining issues at Miamisburg.

Tula village

1902

Zanesvllle
Bonded .1ebt Aug. 11, '99.$438,000
(Interest at 5 per cent.)
Floating debt
25.000
Total debt Aug. 11, 1899. 463,000
seat

This city

in

tv/TTFM^T T7T3/'-'.T3
lVlllJlJl_XLJr^*^irt
1

Clerk.

6s, ....

MUSKINGUM
County

T-^c;
1N1LC
5

g;

*mt. Outst'd'g.

&

$3,800

xttt

MIAMISBURG.-^; f^K^ST'
Located
Montgomery County.
LOANS—

to

Sewer Bonds—

This city

Interest payable at Treas. office.
Total debt Mar. 1,1900. $259,600
Tax valuation, real
15,280,380
Tax valuat'n, personal. 6,987,829
Total valuation 1899. .22,268,209
Assessment is *2 actual value.
State tax (per $1,000) 1899.. $2-84
County tax (per $1,000) '99.. 6*70

Ditch Bonds—
6s,
6s,

Bartmess, Auditor

is

LOANS-

6s,

T.

150,000

Water Bonds—
Subject to

Refunding Light Bonds—

6s.

4,500.. Sept. 1, 1900-'08

J.

6s,

$13,000 ....1900 to 1902
($4,500 due yearly.)

6s,

J&J, $6,000
Pike Repair Bonds—

J&J, $63,500

HUNT, Mayor.
SANDERSON, City

G.

When Due.

NAME AND PURPOSE. WhenDue.
Encampment Bonds—

6s,

J&J
$8,500
M&S. $2,50J..Sept. 1, 1900-'04
Road Improvem't Bonds—
J&J, 18,000
J&J,
2,500

LOANS—

NEWARK.

County Fair Bonds—

Ditch Bonds—

M&S,
M&S,

1890 was
29,813
1895 (est.)... 38.000

Celina.

is

6s,
6s,

M&S,

in
in

(est.)..

County.

in

is

Deficiency Bonds—
1901
6s, J&J, $2.000
Paving Bonds—

6s,

$14,000 ....1900 to 1902

5s,

5s

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

2,000
5, 1900..
83,740
1,390
5, 1900....
82,350
1899
4,11 8,200
$1,000) 1899.$28-80
1890 was
10,092

Bonds—

Jail

1901 to 1902

MERCER
County

This city

'09

4s, M&-*, $13,500. Mar. 1902 to '05
Total debtlApr. 1, 1900. $275,500
4H.000.000
Tax valuation, real
Tax valuation, pergonal. 1 B, 000, oof.
Total valuation Is!)!) .. .04,000,000
Assessment i« 8« actual value.
Stare tax (per $1,000) 1898. .$2-84
Count v tax (per $1,000) '99.. 2-56
Population In 189
100,852

Population in 1900

VERNON.—
{%
Knox

MT.

LOANS

When Due.

$2,000

seat

to 1911

Pomeroy.

-

MA»,$120,000Mar.l902to
Ditch Bonds—

Street Improvement—

Clinton A. Roberts, Auditor.

Bridge Bonds—
5s

$18,000.. Sept., 1900-'01

($375 each J

Floating debt
Total debt Apr.

to 1902

,

is

1900

6s, Oct.. $7,000... $1,000 due y'rly
6s,
6,375.... July 1900-1908

Bonded debt Apr. 5, 1900 $81,740

Bonds—

& 6s,
$»,580.
StwKR Bonds—

County seat

1,

City Clerk.

6s, ....

to 1906

street Improvement Bonds—

4»n»&58

County Defictewct—
M&S, $20,000.... Sept.
Building Bonds—

6s, Sept.,

General Improvement—

Library Bonds—

6s, Apr.,

5s

1901
1904

6s

When Due.

$4,000
Engine IIouse
6s,
,$3,000

1,
1,

payable at the City Treasury-

in atars county.

is

Bridge Bonos—
M&8, $71,000.... Sept.

($18,000 due y'rly) to Sept

5

1

Puislic

is

JACOB WISE, Mayor.
SEAMAN,
— JTHOS.

OTsT
lVlAt3C>lJ_ Tl_OIN
This city

$11,000. May 1900 to '06
($1,000 in 1900, $1,500 to 1904,
$2,000 to 1906.)
4s, MtS, $10,000.Mar. 1902 to '07

5s,

in

is

Bonds—

Lkvki.
4s,

M&N,

5s,

This city

When Due.

Infirmary Bonds—

15,000

(est.)

s->

3.000

5s

Sewer Bonds—
5,754 44

,

1,

1908

1999-1908
1900-1909

6s, ....,$31,4*7

6s

1997-1925
Oct.

Refunding Bonds—
5e.

..

.$24.293

Sept.

1.190S

Water Works Bonn, 1S93-4—

$tW.000.$3.500duey'rlv
1997-1914=
40.000
15.000
Mar. 1.19154^8,
5s
5,000
Sept.1,1917
Bonded debt Sept. 1, '93. .$717,310
Tax valuation 1397
2,625,710
Total tax (per $1,000) '99. .$30-38
Population of towns'p 1890. 8.422
51-js,

5s

,

$W£ AND

86
OBERL1N.- Geo.
This village

LOANS—

Water-Works Bonds- (Con.)
1900-1901
A&O, $2,000

.V<js,

aim
July 1,'00'02
$780
PavinTj Bonus, 1S!>5-1897-

6b,

6s, s.-an.,

1900-1903

$11,500

F&A, 8,500
lug. 15, 1904
Sewerage & Drainage, 1892—

6b,

($1,000 vcarlv on Ju e 1.)
Total debt Mar. 1, 1900. $80,200

3,553

Sinking funds
Net drill Mar.

1900...

1,

7tf,647

49,000
Water debt (included)...
1.300,000
4%s, semi-an.,$10,OOO.Junel3,'12 Tax valuation 1899
Subject to call at anv time.
Assessment about "5 actual value.
<5b,F&a, $1. coo
1900-1904 Total tax (per $1,000) '99.. $31-50
4,376
N'ATKIt H'olJhs, isSti-'iKi-'OS—
Population in 1890 was
4,500
4^18, A.VO, $47,000... Aug. 1, 1916 Population in 1 900 (est.)

OTTAWA.— F.
This township

is in

LOANS—

5s

Roth.ua

\. Clerk.

1899-1901
$43.000
Total debt Feb. 2<>, 1899.. .$13,000
Siukingfund assets
2.132

Tax valuation 1898.... $1,372,073

rax rate (per $1,000) 189-^. $31-89
3,381
Population in 1890 was
Population in 1899 (est.).... 3. 700

OTTAWA COUNTY— E. A. PowERS,Auditor.
seat

is

Port Clinton.

BridKe os, June, '07 '18.. .$12,000
Bridge lis, 1 9O0-19 17
39.000
Court House 5s, 1900 '18. 46,500
Bitch 6s, 1901 to 1902 ....
4,000
Ditch 5s, 1903
14,500
Creek 6s, 1900-1902
16,000
River 6s, 1901
500
.

Total debt Mar. 1, 1900. $132,500
Assessed valuafn 1899.-7,361,933
Assessment ^ actual value.
State and Co. tax (per M)*99. $9.00
21,974
Population 1«90
Population 1900 (est.)
25,000

$12,000
Feb. 1, 1907
40,000
June 1, 1900
($6,000 due y'rly) to June 1, 1906

5s, Feb.,
58, J&D,

Court House Bonds—

Feb. 1, 1904

Ditch and Road Bonds—

&

1903
1900-1905
1900-1906

$76,000
63,600
39,500

6s,

5s,
5s,

PERRYSBURG.-T.

—

Clerk.

This village

LOANS—

is

in

30UW

m

flu

1913

New York.
Library Endowment—

County seat

LOANS—

CO.-

Sept. 1,

1900

1900-1904

Jail Bonds—
M&8, $19.460

6s,

1,

1907

Sept. 1,

1907

Pike Bonds—

INTEREST

is

B. F.

Yates, Auditor.

$165,670
12,011
Tax valuation, real
11,929,230
Tax valuation, personal. 4, 274,493
Total valuation, 1898.-16,203,723
Assessment about 23 actual value.
Total tax rate (per $1,000).. $8-64
Population in 1890 was
26,959
Population in 1897 (est.)... 27,000
Sept. 1, '98..

P.

Hammon,

Refunding Bonds—
Total valuation 1898... 3,863,155
A&O, $30,000... Apr., '05 & '06 Assessment is ^ actual value.
Turnpike 6s, $36,000 .. .1900-1903 Tax rate (per $1,000)
$24-00
Total debt Apr. 1, 1899.. $66,000 Population in 1890 was
17,482
Tax valuation, real
2,694,820 Population in 1896 about.. 18,000

OPTIONAL.— Several of the turnpike bonds are optional.
INTEREST on bonds due 1902 is payable at Co. Treasurer's office.
is

in

LOANS—
4s, .....

Lmp.

5s,

1909

$132,400

School Bonds—
6s&5s, ..... $84,000.-1910-1913
F&A, 15,000.Aug. 1,1913
5s,
Street Improvement—
1905

$120,000

5s,

Water- Works Bonds—
5s,

J&J,

65,000.... July 1,1905

POMEROY.-Abe A.
Pomerov

is

in

Water-Works Bonds— (Con.)
5s,M&8, $50,000.... Sept.

$40,000

& Refunding Bonds—

6s

F&A,

11,500.... Aug.

1,
1,

1909
1911

Interest payable in New York.
Total debt Feb. 23, 1900. $537,000
School bonds (additional)
99,000
Tax valuation 1899
4,691,000
Assessm't is about ^ actuai value.
Total tax (per $1,000) '99. .$3030
Population in 1890 was
9,090
Population in 1900 (esti.).. 15,000

When Due.
LOANS—
Refunding Bonds— (Con.)
$5,130... Sept., 1900-1907 6s, M&S, $6,000.... Sept. 1, 1916
M&S, 4,000.... Sept. 1, 1907
5s,
($342 due each M&S.)
$10,000. .Sept., 1900-1909 5s, M&S, 24,000.... Sept. 1, 1917
M&S,
every
M&S.)
4^8,
($500
7,000.... Sept. 1, 1918
When Due.

Street Paving Bonds—
5s
5s,

1900 to 1909

4>*8, $3,235

Refunding Bonds—
4kjs, M&S, $7,000.... Sept.

Total debt Feb.

6,

1899.. .$169,156

Tax valuation 1898

1,128,545

1917 Assessment about *2 actual value.
6e,
M&S, 8,000.... Sept. 1,1904 Total tax (per $1,000) '98.. $3 ^60
6s,
M&S, 8,000.... Sept. 1,1908 Population in 1890 was
4,726
M&S, 93,000. .Sept. 1, 1914 Population in 1899 (est.)
6s,
6,000
6s,
M&S, 6.000.... Sept. 1,1915
INTEREST on the 5% refunding bonds due 1907 and on the street
paving bonds is payable at Pomeroy; on all others in New York.
1,

. .

PORT CLINTON.—
Geo.
Ottawa County.
This village

is

in

6s,

1900-1902

$3,000

INTEREST is payable

at

County

PUTNAM
COUNTY.
County
seat

LOANS—

Bridge Bonds—

When Due.

road Improvement—
1898-1911
5s&6s, $54,296

1^05-1906

Total debt Jan. 1,1900.. $102,700
7,357,075
Tax valuation, real
Tax valuation, personal 2,700,116
Total valuation, 1898.-10,057,191
Assessment is 2 5 actual value.
Total tax (per$l,00u) '97. .$10-04
30,188
Population in 1890 was
Population in 1880 was. ...23,713
Population in 1896 (est.)... 31,180

,$10,000

5s,
4ifiS,

semi-ann. $10,000.
,

. .

1907-*08

5s,>iBemi-an.,$16,000, July 18,1900
($4,000 due yearly) to July 18,1903

& 6s,

-Louis N. Welde, Aud.

Ottawa.

is

1897-1911

$33,989

Funding Bonds—

May

M&N, $10,000

1,

1904

RAVENNA. — Ra\enna

is

situated in Portage County.

When Due. Bonded debt Feb.24,1900 $172,672
60,000
Water debt (included)
Street Improvement—
4,362
Aug., 1900 Sinking fund
6s, F&A, $13,376
$704 due each F&A) to Feb., 1909 Net debt Feb. 24,1900... 168,310
—
4,500
Floating debt (addit'l) ...
Park Improvement Bonds
1,081,510
1902 Tax valuation, real
6s, J&D, $100,000
($5,000 due yearly) to 1921 Tax valuation, personal. 773,740

LOANS—

.

Water Works Extens. Bonds—
1900
J&D, $1,000
Waterworks Construc. B'ds—

.

.

Total valuation 1899.... 1,855,250
Assessment is 23 actual value.
Total tax (per $1,000) '99. .$27-00
3,417
Population in 1890 was

6s,

M&S, $56,000.... Mar. 15, 1901
($4,000 yearly) to Mar. 15, 1914
INTEREST on the park improvement and water-works construction
bonds is payable at the Chemical National Bank, New York; on the
water-works extension and street-improvement bonds in Ravenna.
5s,

When Due. Tax valuation 1897

Road Bonds—
5b, A&O, $100,000
Total debtFeb.

1,

R. Morris, Clerk.

in

is

$464,110

Total tax (per $1,000) 1897.$26-70
1,627
Population in 1890 was
1,587
Population in 1880 was

1903-1918

1899.. $100,000

RIVERSIDE. —See the City of Cincinnati.

ROSS COUNTY.— Harry

S.

Adams, Auditor.

County seat is Chillicothe.
$41,660
Floating debt...
Total debt March 1 1900. 74,660
6b, ...., $5,000 ... July 15, 1900 Tax valuation 1898.... 18, 140,653
Jan.15,1901 Htate&Co.tax (per M) '99.. $9-84
6s,...., 28,000
39,454
($5,000 each J&J) to July 15, 1903 Population in 1890 was
Bonded debt Mar. 1, 1900. $33,000 Population 1894 (estim't'd). 40,000

When Due

LOANS.

a T XT 1\/T
0A.L_X1.1V1.
c?

,

FOUNTAIN, Mayor.
—Columbiana
GE HOLMES,
The
5

\

J-

D.

Clerk.

o.

railroad-aid bonds have
County.
This city is in
been declared unconstitutional but are included in the total debt.
When Due
When Due.
LOANSLOANS—
Sewer Bonds— Con.
Street Bonds—
1900-1907
1900tol9C7 6s, ....,$12,160
6s,
,$4,400
($1,520 yearly.)
($550 due yearly.)
1900-1902
1900-1903 6s
$1,558 50
6s, ...., $2,000
($519-50 yearly.)
($500 annuaUy.)
1901-1908
1900-1918 6s, ..... $2,320
5s, $42,560
1899-1908
($290 yearly on Apr. 1)
2,015
6s
Sept. 1899-1908 5b. Nov., $1,300 Nov. 1900 to '04
5^047
6s
Railroad Aid—
5b, Apr., $144,193 20 part yearly.
,

Massar, Clerk.

Meigs County.

LOANS—

$t>, 500. May, 1900 to '06
Ditch and Road Bonds—
6s&4s,
$16,200..1900-1902

Assessed valuat'n real. $9,934,200
Assessed valuat'n, per. 5,251,533
Total valuation 1&98.. 15,185,733
Assessm't about75% actual value.
State & Co. tax rate(p.M.)'99.$760
Population in 1890 was. ...23,421
Population in 1900 (est.)... 23,000
Treasurer's office.

County Bonds—

McColloch, Clerk

Miami County.
When Due.

$18,750. July,1900-'14
32,800 ...1900-1914

LOANS—

Auditor.

5s,

This city

Oscar A. Gale, Aud'r.

,

seat.

This township

When Due. Tax valuation, personal$l, 168,335

PIQUA.— Seth

the

J.
RIDGE TOWNSHIP.—
Van Wert County.

Waverly.

LOANS—

,

. . .

Ditch Improvement-

....

PIKE CO.— Philip
County

....,

5a,,

Jail Bonds—

M. Franey, Corporation

Sept. 1, 1900
is payable at Treasurer's Office.

7,690

seat

.

Sinking funds

$10,350

M&S,

'00 to '06

Total debt Feb. 17, 1900. $277,985
Total valuation 1899... .4,905,868
Assessment about ^ actual value.
County tax (per $1,000) '99.$16-66
Population in 1890 was.... 25,932
Population in 1900 (est.) .32,000

When Due. Total debt

Court House Bonds—
6s, M&8, $116,390 ...Sept.

s,

Expense and Poor—
5s, J&D. $21,000.. June,

1917

County Bonds—

6a,

5s,

1901 to 1907
1900 to 1904
F& A, 26,600 Aug., 1900 to '06

is Circleville.

Bridge Bonds—
6s, M&S, $9,710

4s,

When Due. Bonded debt Mar.15. 1900.$74,250
LOANS—
Bridge and Building Bonds— Ditch bonds (included) .... 16,200

5s,

PICKAWAY

$33,000. ...May 1, 1906
50,000
May 1, 1901
50,000
May 1, 1906
50,000
May 1,1916

is

Sinking fund
5,000
Assessed valuation 1899.. 350,000
Assessment about ^5 actual value.
$42-00
Tax rate (per M.) '99
Population 1890
1,747
Population 1900 (est.)
2,000

Sept. 1,

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

PREBLE
COUNTY
Eaton
county

1901-1911

-($2,000 yearly).

M&S, $15,000

Sewer Bonds—
Mar. 1, 1920
M&S, $20,000
Refunding Sewer Bonds—

4b,

Aug. 1, 1917
$15,000
July 1, 1923
35,000
Interest payable in New York.
Bonded debt Mar., 1900. $366,300
183,000
Street Improvement Bonds— Water debt (included)
6s
$14,000
May 1,1900 Floating debt (additional) H3.553
5,156,590
($7,000 due yearly) to May 1, 1901. Tax valuation, 1898
5s
$9,300.... Sept 1, 1900 Assessment about s B actual value.
($3,100 due yearly) to Sept. 1, 1902 Total tax (per $1,000) 1898.$30-00
12,394
4s, ..
30,000.. Sept., 1900 to 'Oi Population in 1890 was.
Population in 1898 (est)... 17.000

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

6s,

W ood County.

Interest payable in
4s,

....,$40,000
Aug. 1,
($5,000 due yearly) to Aug. 1 1907.
5s
$20,000
June 1,1916

SB

15,

Clerk.

When Due.

Bonds—

5s,

Interest payable at Perrysburg.
Bonded debt Feb. 1, 1900. $39,000

f Refunding Bonds—
4s,F&A, $5,500.... Aug.

Walsh, C.ty

When Due.
LOANS—
Refunding Bonds—
1900 5b, M&N, $20,000.... June 27, 1918

LOANS—

City

When Due.

Natural Gas Bonds—
6s, ....,$16,500

,

the oounty seat of Scioto County.

is

Count r Bonds—

Auditor.

When Due. 5s,M&S,$47.600
LOANSBridge and Jail Bonds—
5s, J&D,
3,175

5s

PORTSMOUTH.-^E
~k.
Portsmouth

6s<te4s,

is

$16,000

M&S,
M&S,

.

6s&4s

PAULDING
CO.— Floyd Atwill,
County
Paulding
5s, Feb.,

1900, to

..Sept. 1,

,

LOANS-

seat

M&S, $1,200

5s,
5s.

Water Works—

Putnam County.
When Due.

The county

Street Improvement Bonds—

When Due.

,

II.

LXX

Vol.

$7,400. Sept 1901 to '20
2, 500. Sept., 1901 to '20
($200 each M&-J) March 1, 1903 Total debt Sept. 1, 1898. $77,770
473,478
Water-Works and Street
Tax valuation 1898
ImprovementReal valuation (est.) ....1,400,000
SB & 6s, $77,770
To 1929 Total tax (per $1,000) 1898 $33-40
2,049
bkwer Bonds—
Population in 1890 was
5s, M&S, $3,000
1900-1909 Population in 1894 (est.) . . .3,000

Emergency Bonds—

5s,

Sewbb Bonds, 1893—

District

LOANS—

C. Phi n<k, Treasurer.

Lorain Couutv.
When Due.

in

la

SUpf t£M£WT.

CITY

F.

Meyer,

1918
6s, M&S, $125,000
Special Assessment Bonds—
Due yearly Subject to call after Sept. 1, 1896.
$15,000
1,
'99.. $318,642
debt Nov.
School Bonds—
^_^ Total
Tax valuation 1898 .. 2,541,500
1900
6s, M&S, $2,000
'20
Assessment about 13 actual value.
5b, J&D, 5,700..June 15,'01 to
Total tax (per$l,000) '98.. .$29-60
Sewer Bonds
1900-1902 Population in 1890 was. ,....5,780
6s, ..... $1.28610
Population in 1880 was.. ....4,041
($428-70 annually.)
Population 1899 (estimated) .8,000
Refunding Bonds—
4s. Mar., $22,000. Aug., 1900 to'21
INTEREST on the railroad first mortgage bonds is payable in New
York City on others at Salem, Ohio.
..., .....

|

;

^
tvtt^ttct^ v
—
SANDUSKY.
.

Jr., Clerk.

This city

is

<
I

CHRISTIAN ZIMMERMAN, Mayor.
w. miller, cierk.

a.

situated in Erie County on

Sandusky Bay.

[$10,000 refunding bonds are offered for sale April 25.]
When Due.
Street Paving Bonus— (Con.)
LOANS—

Dock Improvem't Bonds—
5s,

F&A. $24,000.... Aug.

5s,

4 *2S,

5s,
4s,

,

J&J,

A&O, $4,000
Apr. 2,1901
($4,000 due y'rly) to Apr. 2, 1901
$4,000.... May 1.1902
5s
5s,
18, OOO.Juiyl, 1900-1905
5s
10,000.... May 1,1906
45,000. ...July 15, 1900
4^8
($5,000 due y'rly) to July 15, 1908
5s,

,

,

Street Paving Bonds—
,$48,000
18,000
45,50u
3,500

5s

,

1,

Water Bonds—

Various
15,000.... May 1, 1900
5s
($3,000 due yearly) to May 1, 1904
Various
413s, ....,$14,000
5s,
58,
5s,

May

5s,A<feO, $50,000.... Apr. 15, 1901
($10,000 due y'rly) to Apr. 15,1905

$69,500

,

1, 1900
Various
30,000.... May 1, 1900

Refundino Water Bonds—

Feb. '01'08
Deo. '00.'05

1906-1910

$14,000

5s,

($3,000 y'rly, beginning Apr.1,'06)
4s, A&O, $10,000. ...Apr. 15, 1909

Sept. '00-'06
July '00 '06

INTEREST on the water bonds and on the dock improvement
bonds Is payable in Now York City; on the $15,000 of sewer bonds,
due from 1900 to 1904, in Boston, Mass.; on all other bonus by the
City Treasurer.
Mar.20,'99.

Aug.1'98. Mar.15'97. Nov.15'96.

$645,000 $690,000
24,239

$630,000

Sinkingfunds

$041,300
49,712

Net debt
$630,000 $645,000 $665,761 $591,588
Water debt(includ'dabove)$185,000 $185,000 $211,000 $206,000
ASSESSED VALUATION.— The city's assessed valuation (about
40 per ceiat of the cash yalue) and tax rate have been as follows.
Personal.
Years—
Real Est,
Total.
Tax rate.
1899
$29-40
1898
$2,193,200
$4,778,270
$6,971,470
3000
1897
2,296,830
4,721,060
7,017,890
3060
30-20
1896
2,271,300
4,646,580
6,917,880
31-50
J895
6,903,070
28-00
1893
4,603,060
2,420,000
7,023,060
27-60
1890
2464,000
6,391,000
3,926,000
1887
5,866,940
3000
33-60
1883
5,293,469
POPULATION-— In 1890 population was 18,471; in 1880 it was
15,838; in 1870 it was 13,000. The population (est) in 1899 was
25,000.

SANDUSKY
COUNTY.— Samuel
County
seat

$20,000

5s,

When Due.

Jan.

1902

1,

(Semi-annually until 1901.)

Ditch Improvement Bonds—
6s, J&J, $2,380
lfcOO
(Semi-annually until 1902.)
6s,
1904
$8,905
6s
8,500
1900
,

Jail

J.

Hirt.

Fremont.

is

LOANS—

Deficiency Bonds—

Bonds—

5s, ....,$11,000
5s, J&J,
7,200

Jan.

Interest paid by County Treasurer.
Total debt Sept.l, 1898.
$52,825
Tax valuation, real
9,601 ,250
Tax valuation, personal 5,287,600
Total valuation 1898... 14,888,850
Assess, about 35% of actual value.
Total tax rate (per $1,000).. $9-29
Population in 1890 was
30,617

Population in 1897

(est.)..

35,000

1901
1900

1,

Portsmouth.

LOANS—

When Due. Tax valuation, real
$7,127,080
Refunding Bonds—
Tax valuation, personal 3,196,401
J&J, $1;!,000
...Jan. 1, 1901 Total valuation 1899.-10,323,481
($6,000 due yearly) to Jan. 1, 1902
Assessment about 2 3 actual value.
5s, J&J, $19,500
July 1, 1900 Av.tax rate (per $1,000) '99.$2400
($6,500 due yearly) to July 1, 1902 Population 1899 (est.)
41,000
Bonded debt Sept. 1, '99.. $37,500 Population iu 1890 was ... 35,377
INTEREST is payable at the Fourth National Bank of New York.

5s,

SHELBY.—
W.
This
village

is

Sonnanstine,

F.

($3,500 to '13, $4,000 in '14.)
J&D, $9,000
June, 1900-14
J&D, $8,0t)0.... June, 1900-14
($500 yearly to '13, $1,000 in '14.)
5s,
5s,

Electric Light Bonds—

6s,

,

$11,000

Sewer Bonds—
A&O, $20.000

4 LjS,

1900-1910
1912-1931

($1,000 yearly on April

SIDNEY.— Ben.
This city

is

.

Bridge Bonds—
M&S, $18,000..... 1900
M&S, 5,000

to

1902
1903

($2,000 March, $3,000 Sept.)
5s, M&S. $3,000
.Mar. 1, 1904

Cemetery and Park Bonds—
1904

$5,000

Market House &City
MAS,

&

1905

—

B'ld'g

$225,000.. Sept.
($15,000 yearly) to Sept.

1,
1,

1907
1921

Park Improvement Bonds—
M&S, $10,000. Sept., 1918-1919
M&S,

$84,800
Assessed valuation 1898.1,432,000
Tax rate (per M.) 1898..
30 00
Population 1890
1,977
Population 1&99 (est )...
5,000
1, '99..

17,000
10,000

1915 to 1917
..Sept., 1920&'2l

Water Bonds —

Total debt Mar. 1 1900.. $186,500
Tax valuation 1899
2,255,990
Tax rate per $1,000 1899... $3510
,

Population in 1890 was

4,850

GOOD, Mayor.

I

$95,000

1903-1912

5s,

-W. M. Rked, Auditor.

Work House Bonds—
5s,
5s,

,

$25,000

1902-1913

5s,

,$10,000... Mar., 1901-02

Poor Relief Bonds—

1,
I,

1900
1901

1901

$12,000

STEUBENVILLE.-Geo. P. McCracken, GTk.
This city

in Jefferson County.

is

LOANS—

When Due. Net debt March

1, 1900.. .$179,630
$12,000 Tax valuation 1899
5.547,650
150,000 Assessment about *3 actual value.
1900.. 162,000 Total tax (per $1,000) '99.. $25-80
19,431 Population in 1890 was
13,394
1900.. 181,431 Population in 1880 was
12,093
1,801 Population in 1900 (est.) ...14,500

Various 5s

Water 5s
Total debt March
Floating debt
Total debt March
8inking fund

1,

1,

TIFFIN.- J.
This city

Is

In

LOANS—

B.

Ehrenfried,

Seneca County.
When Due.

6s,
6s,
6s.

6s,

4^8, M&S,

9,500 ... Mar. 1,1908
25/>00
Sept. 1, 1908
Street Imp't Bonds.1897-1907
,'$240,400
6s,
1899-1905
11,500.
6s,
2,400. Sept., 1900 '01
4ks, M&S,
4>«8, M&S,
8,500.. Sept., 1900-*04
.

4s,

.

1900-1906

1897-1907
*$30,155
Total debt Mar. 24, '99.. $725,300
Sinking fund assets
8,000
Net debt Mar. 24, 1899
717.300
Tax valuation 1898
4,007,960
Total tax (per $1,000) '98.. $40-90
Population iu 1890 was
10,801
.

,$50,000

1897-1900

Park Bonds—
6s,

The

street

M&S.

6s,

Natural Gas—

,$141,400

1900-1906
Mar. 1, 1909
80,000.. Sept. 1, 1919

,$53,200
40,000

Sewer Bonds—

,

6s

When Due.

REFUNDING Bonds—

$150,500.... 1897 to 1907

M&S,
M&S,

Clerk.

LOANS-

Extending Indebtedness—

improvement bonds (marked thus

r

)

.

and sewer bonds are

payable by special assessment.

TOLEDO.

Geo. U. Roulet, Auditor.

situated in Lucas County. An issue of 3*4% bonds has been
to refund the $432,000 railroad bonds maturing May 4, 1900.
is

LOANS—

When Due. Street and Sewer Improvem't —
,$5,U6 ...Mav 29, 1907
4*as,
Mar. 1, 1908
9,600
$19,000. Jan. 2, 1911 4s,
....,

Bridge Bonds—
5s,

J&J,

Subject to call after Jan. 2, 1901
4^8, M&N, $21,000. May 1, 1908
4*28, J&D,
10,000..1une30,1908
4*28, M&S,
15,000. Sep. 10,1911
4^8, A&O,
32,000. Oct. 1, 1913
4148, J&D,
43,000. Dec. 1, 1914
4s,
F&A, 200,000. Feb. 1, 1925

Toledo &Woodville Rr.—
M&N,$432,000.May 4, 190O
Fire Department Bonds—

73 10 s,
4s,

412s,
412s,
4^28,
4s,
4s,
4s,
4s,
38,

J&J,

M&N,
A&O,
J&D,
J&J,
J&J,

J&D,

5s,
5s,
5s,
412s,
419s,
4128,
4^28,
4»2S,

1,

1908

$30,000 ...Jan. 1, 1901

5s,

Waterworks Refcndinc—

5s,
414s,

J&D, $497,000. June 1,1903
M&S, 500,000. Sept. 20, '14

Park Bonds—

J&J, $200,000. J'lvl,'22 '44
J&J. 400,000. July 1, 1942
A&O, 150,000. Apr. 1, 1919
Sanitary Bonds
412s, M&S, $10,000. Sept. 1,1901
4s,
4s,
4s,

70,000. May 1, 1908
90,000. Nov. 1, 1911
60,000. May 26, 19 11
110,000. July 1, 1912
69,000. Mav 15,1914
190,000. Apr.30,1906
57,000. Dec. 1, 1906
70,000. July 1, 1917
190,000. July 1, 1919
15,000. Dec. 1,1919
1,

$50,000. July

J&J,

Water Works Extension—

General Fund Refunding—
A&O, $92,000. Oct. 1, 1901
5s,
5s,
A&O, 100,000. Apr. 1, 1905
412s, J&D, 100,000. Dec. 1, 1900

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

Oct. 10, 1908
19,500
55,642 88.... part yearly

4s,
4s,

Fire Department—
4i28, J&J,
$30,000. July 1, 1912
4^s, M&S,
30,000. Sept.l, 1912
General Fund Deficiency 4*28, A&O, $40,000.Oct.l0,1903

4148,

When Due.
LOANSImp. Streets, Grading, Etc.—

F&A, 915,000
Aug.
F&A, 20,000.... An-.

Interest is payable at anton.
Total debt Mar. 5. 1900. $277,000
Tax valuation 1899. ...41,150,000
Assessment is *2 actual value.
Population iu 1890 was ....84,170
Population in 1880 was
64,031
Population in 1899 (est.).. 108,500

Guneral Fund Bonds—

5s,

35,000

(est.)

<

,

—

Natural Gas—
A&O. $100,000. Oct. 1,1904
A&O, 150,000. Oct. 1, 1909
A&O, 150,000. Oct. 1,1914

412s,
4128,
412s,
412s,
412s,
412s,

J&J,

M&N,

100,000. July 1, 1917
75,000. May 10,1919
175,000. Oct. 1, 1919

A&O,
Natural Gas Judgmknts—
4128, A&O, $300,000. Oct. 2,1903
School Bonds—
1911 4s
,$90,000. May 20, 1923&28

M&N,

91, 850. Nov. 2, 1911

4s

J&J,

93,000. Jan.20, 1912
75,000. Nov. 1, 1913
30,422. Sept.4, 1910
25,000. Sept. 1, 1912
20,000. Jan.15, 1913
50,000. Mar. 1, 1914
10,000. May 1, 1915
6,000. Dec. 1, 1906
10,500. Jan. 1, 1907
2,900. June 1, 1907
5,000. Sept. 1,1907

Improvement Defioikncv—
412s, A&O, $70,000. Apr.20, 1914
Memorial Hall—
A&O, $40,000. Apr. 1.1905
5s,
REFrNDi»G University Bonds—

M&N,
M&S,
M&S,
J&J,

M&S,

M&N,

4i*s

Clerk.

,

J&J,

4^8, J&D,
4H8, M&S,

,

20,000

Aug. 31,1908

M&N, $20,000. Nov. 16. 1905
Market, Patrol and Dredging
M&S. $7,000. Mar. 1. 1906
5s,
5s,

412s,
4i23,

MAN,
J&J,

10,000. May 15,1911
8,000. July 15,1912

|

To 1919
$30,000
7,000 ..Mar. 1, 1920

INTEREST-—All bonds and semi-annual interest coupons are payable at the Importers' & Traders' National Bank, New York City—except-

(Payable by speoial assessment.)
6s,
$65,631
1899 to 1908
6s, M&S, 6,526 35.. June, 190O-'O4

ing the Memorial Hall and University bonds, which are payable at the
office of the Trustees of the Sinking Fund, Toledo, O.

5s,
5s,

,

M&S,

Street Imi'.mt
5s,

(City's

share)—

M&S, $35.000.3epi.,1900

Sewer Bonds—
6s,
6s,
6s,

BONDED DEBT, ETC-— The oity debt has been as follows:

to'06

Jan. 1, '99.
$6,387,946
607,814

Total bonded debt

M&S, $13,000.8ept,,1900

to'01

J&J,
2,100 Jan., 1901 to '05
J&J, 1,764-68 Jan., 1901 to '05
Total debt Mar. 2. '99
$769,721
Tol water debt (lncl'd).
362,000
.

.

Tax valuation 1898. ...17,216,051
M&S,$110,000.Sept., 1900-1905 Assessment about *2 actual value.
($10,000 M&S of each year.)
Total tax (per $1,000) '98.. $22-80
5s, M&S, $202,000
1906 to '17 Population in 1898 (est.)... 38,000
(Part M&S of each year.)
Population in 1890 was. ...31.895
NTEREST is payable at Springfield and New York.f

5s,

Population 1900

Refunding Bonds—

Street Intersection—
5s,
M&N,$10O,000.May

Treasurer

PHILIP HUONKER,

When Due.

5s,
5s,

5s,
5s,
5s.

,$14,000

Bonded debt Apr.

M.

1904-1913

5s,

4:>2S,

in Clark County.

LOANS—

413s,

$19,000

JOHN

Total debt Feb.23,1900
170,000
valuation 1899
17,434,848
Assessment about ^ actual value.
Total tax (per $1,000) 19oo.$22-6C*

Court-House Bonds—
,$100.000

9,

1910
1900
1901

Tax

County seat is Canton.
Vken Oue.
LOANS—

5s,

1,
9,

Interest pavable, at New York.
Bond, debt Feb.23, 1900 $125,000
Foatintf debt about
45,000

STARK COUNTY.

4^8,

School Bonds—

Amam,

B.

SPRINGFIELD.-

5s,

'99-'03

in Shelby County.

.

is

Sewer Bonds—
A&O, $19,800
Oct.
Refunding Bonds—

5s,

1.)

When Due.
LOANS—
Improvement 6s, $100,000... 1920
Water
5s,
70,000... 191?
Water & Str., 6s,
16,500. 1909

This city

Clerk.

in Richland County.

When Due.
LOANSStreet Improvement Bonds—
5s, J &D, $53,000
lune 190014

.,

M&S, $12,000. Mar.
A&O, 10.000. Apr.
A&O, 10,000. Apr.

5s,
5s,
5s.

$7,000. Apr. 22, 1902
8,000. Apr. 22, 1903
8,000. Apr. 22, L904
11,000. June 8,1905
11,000. June 8, 1906
11,000. June 8, 1907
11,000.. Mar. 1, 1908
11,000. Mar. 1, 1909
15,000.June,'02to'04
1911
10,000

,

Ref. 5s,

made

SCIOTO COUNTY.— M. H. Shumway, Auditor.
is

A&O,
A&O,
A&O,
J&D,
J&D,
J&D,
M&S,
M&S,

Toledo

(Semi-annually until 1903.)

County seat

Buildings and Sites—

58,
5s,
5s,
5s,
5s,
5s,
5s,
5s,
5s,

Infirmary Bonds—

TOTAL DEBT,LSINKING FUNDS, EtcTotal bonded debt

—

Springfield School District. 0. H. Miller, Clerk.
When Due.
Floating Debt—
LOAN S—

July

1904
4s, M&S, $50,000.March l, 1901 to
($5,000 due yearly) March 1, 1910

Sewer Bonds—
5s,

$20,000
3,000
6,300

M&N,

—

July *00 '07

($6,000 due yearly) to

7,500.... 8ept. 1, 1911
6,500.... Sept. 1, 1912
1,500. .Oct. 15. 1912
10,000..Jan. 1, 1902-'06

,

,

5s,

Refunding Bonds—
$55,000. June 1900-1910
,

.

1900 5s

1,
1,
1,

1911
($2,000 due yearly) to Aug.
1912
5s, F&A, $45,000. ...Aug.
Aug.
1926
due
yearly)
to
1,
($3,000
5s
5s
5s

87

-CITIES AN3D TOWNS.

April, 1900.

Sinkingfunds

Jow.1,'98.
$6,496,827
517.000

Feb. 1. '90.

$5,469.1-4
337,000

$5,132,184
Net debt
$5,979. <27
$5,780,132
Water debt (included above)... $1,090,000
$1,120,000
Spec, assees't debt (included).. $375,827
The sinking fund is invested in city bonds.
CITY PROPERTY— The city owns its water works, the original
eost of which was $1,000,000.
EQUALIZED VALUATION.— The city's assessed valuation and tax
rate have been as follows
:

SW£ m®

88

CITY SUf pt£M£

Tears.
Real Estate.
Personal.
Total.
Tax Hate.
1899
....
$3300
1898
3320
$38,409,750 $12,488,920
$50,898,670
1897
2980
37,530,070
12,116,210
49.646.280
1896
3120
47,583,050
1895
29-00
35,396,600
10,767,430
46,164,030
28-60
1894
34,764,240
10,691,000
45,455,240
The actual valuation in 1898 was estimated at $175,000,000.

POPULATION.— In
50,137;

1870

in

local tiguree,

it

1890 the population \vas81,434; in 1880 It was
was 31,584. In 1898 the population, according to

This village

is

5

E. E.

I

D. O.

LOANS—

AULP,

1909

1930

to

(Part due every 10 yrs.)

Refunding Water BondsIs,

J&J, $16,000

Jan.

1929

1,

Total debt Mar. 1, 1900.. $82,000
Total valuation 1899.... 792,000
Assessment is *s actual value.
Total tax (per $1,000) '99.. .$29 00
2,536
Population in 1890 was
4,000
Population in 1900 (est.)

5 JOHN W. MORRIS, Mayor.
±
}p. j. GOODRICH, City Clerk.
the county seat of Miami County.
When Due.
LOANS—
LOANS—
5s, M&8, $1,500.. ..Sept. 1, 1901
Real Estate—

4H>s

City

6,000.... Sept.

1908
1908

1,

M&S, $6,000
M&S, 3,000
M&S, 3,000
1915-1916
($1,000 each March 1 and Sept. 1.)
Improvement Bonds—
6s, M&S, $6,000
Mar., 1922
5s, M&S, 20,000
1917-1920
5s, M&S, 11,000
1920-1921
5s, M&S, 10,000
1923-1924
58, M&S, 15,000
Mar. 1, 1905
4*88, A&O, 10,000
Apr. 1, 1908
5s,
5s,
5s.

Elkctric Light Bonds—

4i28, J&J, $18,000.... Jan. 1, 1918
5s, M&S,
2,000.... Mar. 1,1903

TRUMBULL
Warren

is

When Due.

($4,000 due yearly! to Sept., 1918
5s,
58,

1911-1914

M&S, $4,000
M&S. 6,000

1920

Sept.,

Total debt Mar.l, 1900. $227,500
Floating debt
7,000
234,500
Total debt Mar.l, 1900.
Interest payable at Troy.
Water debt (included)...
84,000
Tax valuation 1899
2,741,727
Assessment is *4 actual value.
Total tax (per $1,000) '99. .$29 90
Population in 1890 was
4,494
Population 1899 (est.)
6,000

CO.—

"W.

Sanford, Treasurer.

the County seat.

When Due. Assessed valuation, per.$8, 304,893
LOANS—
County Bonds—
Total valuation 1899. .19.360,313
4s, A&O, $164,000
1900-1920 State & co. tax (per M.) '99.. $8 '00
Bonded debt Jan. 1, 1900.$164,000 Population in 1890 was.... 42,373
.

Assessed val'tion, real. . 1 1,055,200

Auditor.
Treas.

THOMPSON.

$42, 500. Oct., 1900*08
($2,500 each April and October.)

Tot. valuation in 1899.. 15,183,328

Assessment about 23 actual value.
State & Co. tax (p. $1,000)'99.$7'80
Population in 1890 was
25,468
Population in 1880 was
28,392
Population in 1899 (est.)... 25,500
FREE. —Bonds are exempt from taxation if owned by parties

payable at Lebanon.
Total debt Aug. 15, 1899. .$47,500
Sinking fund
6,877
Net debt Aug. 15, 1899 .... 40,623
Interest

is

Population 1900

^T_rTT\rf~^ rrOTVT
1 LJIN

This city

W
t±. —

/-<

O.

J
}

J.

H

.

BLACKMORE.Mayor.
L ROBINSON, Clerk.
.

the county seat of Fayette County.
When Due.
Refunding Street Imp.—
LOANSExtending City Debt5s, M&S, $12, 500.... Sept. 1, 1900
6s,M&S,$3,000.Sept.l5,Mar.l5,'01 ($3,000 due yearly) to Sept.l, 1904
($500 due semi-an) to Mar.15, 1903 Interest payable at City Treasury.
5s, M&S, $4,500
Sept.l, 1900 Bond, debt Mar. 19. 1900 $83,020
'$500 due semi-an) to Sept.l, 1904 Total valuation 1898 ....2,608,874
Street Imp., Spec. Act
actual value.
Assessment is
5s, M&S, $40,000 .. .March 1, 1910 Total tax (per $1,000)1899. $30-00
($4,000 due yearly) to Sept.l, 1919 Population in 1890 was
5,742
Improving Streets— assessed on Population in L897 (est.)
6,500
property benefited.
5s, ....,$15,920
6s, ...
5,900
The sinking fund receives over $3,500 yearly from the tax levy.
is

%

,

1901-1910

M&S, $10,000

5s,

Real Estate Refunding—
1900-1905
5s. MtS, $6,000
1906-1911
Water Bonds.
1912-1914 5s, M&S, $74,000. ...Sept. 1,1900

15,000

A.

1

•

Hall Refunding—
,

JOHN

—

is

M&S,

5s,

GEO. W. SMITH,

When Due. Tax valuation, real
$9,590,500
Tax valuation, personal 5,592,828

A&O,

4138,

A

/

Troy

J

W
W A^miNlj

Mayor.

City Clerk.

INTEREST on the water-works bonds is payable at New York.
TAX FREE.—All bonds are exempt from taxation.

TROY
x xv ^

5

not residing in the State.

County

When Due.

Watbb WORKS—
J&D, $50,000

FRANC Y.

is

LOANS—

Bridge Bonds—

TAX

in Jefferson

v^v^.
Lebanon.

i. J.^ J.^ i_x>,

was 141,000.

TORONTO.
5s,

WARREN CO
County seat

LXX

Vol.

46,000

(est.)

WELLSTON.-T.
This city

is

Wangler,

P.

Clerk.

Jackson County.

in

When Due. Improve'nt 5s, $6,741 44.1900-'08
LOANS—
Water- Works Improv't Bds.—
do
5s, 9,424 30. 1900-'09
5s, A&O, $15,000
Mar. 1, 1926
do
5s, 10,702 80.1901-*10
($1,000 every 6 mos.) to Mar. 1,'33
Elec. Light
Improve'nt

W

Total debt Oct. 1, 1899... .$98,490
$1,226,768
10,000.1921-1925 Total tax (per $1,000) '99.... 34-00
17,000.1900-1916 Population in 1890 was
4,377
10.000
7,000 1 900-1906 Population in 1899

$42,000.19001920 Tax valuation 1898

Water 5s,
Water Ps,
5s,
6s,

.

Treasurer.
c^nT
T TT
V lL_,J_,rL,.
— £d.T. R.A. ANDREWS,
DAVIDSON, Clerk.

\X7"TT'T T

>

J^J-rJ-rO

This city

is

Columbiana County

in

LOANS—

6s. Jan.,

LOANS—

When Due.

Cemetery Bonds—

1900 to 1906

$7,000

When Due.

1913-'27
($5,000 due yearly)

4s, Feb.,

$75,000 .Feb.

3,

Floating Debt Redemption—
Street Improvement—
1900 to 1906
J&J $15,000
Jan. 15, 1920 6s, var., $7,500.
School Building—
Water-Works Bonds—
5s, J&J, $11.000
1900 to 193
4s, Mar.,$12,000..Mar., 1909-1914
Refunding Bonds—
Water- Works Extension—
5s, M&S, $30,000. ...Mar. 15, 1902
Jan. 15, 1920
58, J&J, $5,000
4s, M&S, 30.000... May, 1900-'09 Total debt Jan. 1, 1900.. $120,500
Sewer konds—
Water debt (Included)
64,000
4s, Oct., $25,000. Oct., 1912 to '20 Tax valuation 1899
1,744,780
Assessment about ^ actual value.
($3,000 due yearly.)
5s,

,

. . .

UHRICHSVILLE.-R.
This village

is

in

W. Walton,

Clerk.

Tuscarawas County.

Total valuation 1898
$900,000
LOANSFire and imp'm'tbds., 6s. .$13,000 Assessment about ^ actual value,
C. L. & W. RR bonds, 6s.. 13,500 Tax rate (per $1,000) lfc98.$37-00
Pav and sewer bds.,5s&6s. 42,480 Population in 1890 was
3,842
Refunding bonds, ns
35,000 Population in 1899 (est.). ...5,000
Bonded debt Mar.l, 1900.103,980

UPPER SANDUSKY.—
Upper Sandusky

is

LOANS—

in

1,
1,
1,

Apr.

1,

6s,
6s.
6s,

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

7,000

1,

6,000..... Apr. 1,

8,000

INTEREST

is

F
IS; A.

Apr.

1,

County seat of

HALBEDEL, Clerk.

1, 1899
$60,000
Sinking fund assets
7,000
Net debt Mar. 1, 1899.
53,000
Total valuation 1899.... 1,306,350
Assessment about 2-5 actual value.
Total tax (per $1,000) '98. .$33-00
Population in 1890 was
3,572
Population in 1899 (est.)
4,000
. .

.

Jan.,'01-'02

—

Street-Improvement Bonds—
4^8, M&S. $44,000... May, '01 '10
($5,200 due yearly j
Macadamizing Bonds.Spcl.Imp.—
6s, June,
$405. ...June, 1900

24,897

WOOD COUNTY.— G. W. Gaghan, Auditor.
County seat

is

Bowling Green.

When Due. Bonded debt

LOANS—

Court House—

Sept. 1,
$10,000
Jail Bonds
To 1902
5s, A&O, $3,000
($500 every 6 mos.)
5s,

Sept. 1, '99. ..$97,000

Sinkingfund
1902 Net debt Sept.

—

M&S, $28,000... M&S, 1901-'05
M&S, 14,000. ..M&S, 1901-'05
Bridge Bonds Mar. 1, 1903
5s, M&S, $20,000.
5s,
5s,

York.

($2,000 each 6 mos.)to Sep.

J&D. $160
F&A, 13,320

June

4, 1900
1900-1905
($2,220 annually on Aug. 14.)
58, F&A, $2,240
1900-1913
($160 annually on Aug. 14.)

5s,
5s,

Refunding Bonds—

4iflS,

J&J, $7,000

Water Bonds—

Jan.

1,

1907

A&O, $50,000

Apr. 1,1921
Subject to call after Apr. 1, 1911
5s, A&O, $70,000
Apr. 1,1941
Subject to call after Apr. 1, 1911
6s, M&S,
1 ,350Sep. 25,1900-'05
58, J&D, $5.000
June, 1905
5s, J&D,
2,190. June, 19i'0-'03 4^8, M&S, 5,000.... March, 1910
5s, A&O,
5,230 Oct.l0,1900-'03 Bond, debt Mar 1, 1900. $235,685
5s, J&J,
700. July l,1900-'04 Floating debt
10,745
Paving Bonds, Spcl. Imp.—
Tax valuation 1899
1,853,270
6s, M&S, $3,225 Sept. 25, 1900-'02 Total tax (per $1,000) '99... 37-50
5s, J&D,
10,000. June, 1900-'03 Assessment about ^ actual value.
6s, M&S,
1,875. .Sept., 1900'02 Population in 1890 was
5,512
5s,

on $5,000 of water bonds due 1910 is payable at the
New York; all other interest by Village Treasurer.

First National Bank,

WAPAKONETA.— Joseph Myers, Clerk.
in Auglaize

LOANS—

County

When Due.

5s, semi-an., $4,000.. Mar.

1,1904
Building Bonds—
<$l,000duesemi-an.)toSep.l, 1905
1899-1901
6s
5s.
semi-an.,
,$2,000
$12,000, Mar. 1, 1906
Electric-Light Bonds—
($1,500 due semi-an. to Sep.l, 1909
1900-1906 5s, semi an., $20,000. Mar. 1, 1910
6s,
$14.000
.58
1900 ($2,000 due semi an.)toSep.l, 1914
1,000
5.000.- ..June 1, 1901 5s, semi-an., $20,000. Mar. 1, 1915
58, J&D,
($500 each J&D) to Dec. 1, 1905 ($2,500 due semi- an.)to8ep.l, 1918
Street ImprovementBonds—
Total debt Feb. 4, 1899 $1 20,000
,

-5s,

Population in 1890 was

1899-1909

Tax
Tax

Road Bonds—

New

JAMES B. SMITH, Mayor.
•)H.C. REDRUP, Village Clerk.

City Hall Bonds—
5s, J&D. $9,000
...June, 1900
($2,000 due yearly) to June. 1904
Curbing Bonds, Spcl. Imp.
5s, J&J.
$1.550.. July, 1900-'04

is

is

$65,000

6s,

.

(

When Due.

$2,200

This village

seat

i

I

1,

1899

valuation, real....

14,241
72,759
12,634,940

valuation, pers'l.
7,946, I80
Total valuation 1898.. 20,581,120
Co. tax (per $1,000) '99
$9-70
Real valuation '99 abt.$60,000,000
Population in 1890 was
44,392
Population in 1894 (est.)... 50,000

1907

1,

Wert County.

LOANS—

INTEREST

WILLIAMS
CO.—Jno. F. VonBehren, Aud'r.
County
Bryan.
Wlwn Due. Total debt Sept. 1, 1898. $65,000
Tax valuation 1898
Court House Bonds—
8,941,880

payable at the Ninth National Bank,

VAN WERT.
Van
5s, J«sJ,

1901
1902
1903
1904
1905
1906
1907

,

LOANS-

Wyandot County.
When Due. Total debt Mar.

Refunding Bonds—
6s, A&O, $10,000
Apr.
6s, A&O,
Apr.
8,000
6s, A&O,
6,000
Apr.
6s, A&O,
Apr.
8,000

$25,00. .Oct. 16, 1912-'20 Total tax rate (per M.) '98.. $27-40
Population in 1890 was
($4,000 yearly to 1919.)
5,247
INTEREST on the bonds is payable at the office of the City Treas.

4s, Oct.,

M&S, $35,000

1907-1920

Water Works Bonds—

5e, semi-an., $3,500.. Mar. 1, 1901
^$500 due semi-an.) to Sept.l, 1903

Tax valuation 1898
1,149,246
Total tax (per $1,000) '98.... 33-50
Population in 1890 was
3.616
Population 1899

(est.)

4,800

WUUOlr.n.

\~kt r\r\ts. rTy 'CX3
This city

is

I

l

R J SMITH, Mayor.
WESTON T. PECKINPAUGH,
-

-

the county seat of

LOANS—

When Due.
LOANS—
City Hall Bonds—
5^8, Mar., $20,000.. Mar. 16, 1913
Subject to call after Mar. 16, 1903
Feb., 40,000. .Feb. 14,1912
5s,
Subject to call after Feb. 14, 1902
,

5s,

5s

,

5s,

$19,000
10,000
14,000
5,000
5,200

Oct.,

,

1908

July, 1909

Sept.1,1911
Oct.,
Oct.,

1912

1913
Redemption & Refunding—

4^8,

..,

Assessment bonds

valuation, real
1,444,800
valuation, personal. 968,298
Total valuation 1895
2,413,098
Total valuation 1898
2,436,770
Assessment about 3, actual value.
Total tax (per $l,0O0)1898.$24*0O
Population in 1890 was
5,901

Special Assessment Bonds—
April, 1901
$1,000
11.000... Sept., 1900-1903
6s
1,575... June, 1900-1904
6s
22,500... Oct., 1905
5s
1,870... Sept., 1899-1901
5s,
1900-1909
4s, J&J, 1.900
6s,

,
,

VC

IN 1 A.
2± ili MTA
.

This city

is

—

98,121

(incL)

Tax
Tax

1909

Oct.,

$5,000

5s,....,

When Due

Spec. Assessment Bds.— (Con.)
58
$4,500... Sept., 1900-1902
5s,....,
900. ..Oct., 1900-1902
5s,
7,150. .June, 1899-1904
5s,....,
800. ..Oct., 1899-1904
25,500... April, 1899-1905
58,
5s,
453... July, 1900
,
1900-1906
5s,....,
6,000
5s,
795.. .June, 1903
,
Interest payable at City Treasury.
Bonded debt Mar., 1899. $218,621

Refunding Bonds—
5s

Clerk.

Wayne County.

Population in 1896

7,000

(est.)

W. LINKHART, Mayor.

<

C.

$

c. F.

LOGAN,

Clerk.

in Greene County.

When Due.
Street ImprovementLOANS—
5s
$5,750
Freshet Bonds— 1887-1892.
I

I

,$10,000

41^8

July

1,

1907

I

Past due bonds

Bonded debt Mar. 20,
Refunding Bonds— 1892-94.
.1902-1912 Total valuation 1898
4^8, J&J $89,200
1

Subject to call 1902
5s

,

$6,000

Funding & Refunding Bonds—

4^8, J&J, $26,500.... July 1, 1917
(Subject to call after July 1, 1907)

$8,026
'99.. 138,450

...3,597,096
Interest payable in New York.
Assessment is 3 B actual value.
Total tax (per $1,000) 1898. $26-50
Population in 1890 was
7,301
Population in 1899 (est.)
10,000
. . .

FRANK BROWN, Mayor.
YOUNGSTOWN.-JwM,
DAVIES,
Mahoning County.
-ti-rtrTXTz-oTTiTirM
is

Papula-

5

City Clerk.

I.

Youngstown

in

When Due.

LOANS—

Fire Department—
3s, A&O,$36,000.Oct.l,1900to'17

Sewer Bonos—
5s, A&O, $15,000. .Oct. 1, '00 to '02

1,100.. 1900 to 1903
($300 yearly.)
1900 to 1901
$3,700
5s
($1,700 on Oct. 1 to 1900.)
1900 to 1902
,$1,350,
58
($450 yearly on Oct. 1.)
1900 to 1903
$8,800
5s,
($2,200 yearly on Oct. 1.)
5s, J&D, $2,800... Oct., 1900-1903
5s, J&J,
8, 275.. .Oct., 1899-1908
950. Oct., 1900-1903
5s, A&O,
1,000....Oct., 1900 1903
58, J&J,
58.M&N, 7,800....Oct., 1900-1904

58

SCHOOLS—
...,$94,000. .Sept. 1,'99 to '02
58,M&8,28,000. .Sept. *05to'06

•68,

Street Improvement—

.

Street Improvement— (Con.)
$560. ...Oct. 1,1902
1^00-1901
1,200

5s,
58,

58,
5s,
58,
5s;

200

1900-1901

1,200

1900

1,000. Oct., 1900-'01
Oct. 1, 19 00
($2,000 due yearly) to Oct. 1 1H09
5s, A&O, 16,250... Oct., 1900-1904
($3,250 due yearly

A&O, 20,000

,

)

Garbage Disposal Bonds—
1900-1903
F&A, $12,000

5s,

($3,000 yearly on Aug.

Water Bonds—
6s, M&N, $100,000. ..Sept.

1.)

1,

1901

5s, A&O, 120,000.May l.'OOto'll
($10,000 due yearly.)
Bonded debt Mar,15, '99. .$523,288

27,000
Floating debt
550,288
Total debt
10,084,640
Tax valuation, real
Tax valuation, personal 3,153,970
Total valuation 1898 . 13,238,610
Assessm't about 40 p.c. actual val.
Total tax (per $1,000) *98...$32 70
Population in 1890 was
33,220
Population in 1900 (est.) .... 55,000

$2 17,677 Oct. 1,'98 to '06
1900
2,400
1900-1902
3,000
1900-1901
1,400
5s
($800 yearly.
58, J&J, $3,500.. Oct. 1900 to '02
INTEREST on the water- works bonds of 1901 is payable at the
Park National Bank, New York City; on all other bonds at the office of
the City Treasurer.

«s&5s,
5s,

.

.

.

. ,

,

Youngstown School

District.

.

— W. N. Ashbaugh,

Clerk.

LOANS—
5s

,

When Due. Assessment about

$28,000.. ..Sept. 1907-08
Sept. 1,'99..$133,500

Bonded debt

^ actual value.

School tax (per $1,000) '99.$10 00
Population 1900 (est.)
55,000

A.8ssesed val'tion '99..$14, 300,000

ZANESVILLE.-C.
This city

is

LOANS—

5s, semi-an., $10,000. July 1,

A&O, $79,000
Oct.
3*38, A&O, 30,000.... Oct.

4a,

Subject to call after Oct.
M&S, $10,000
Mar.

48.

Water Wrks Bonds

1,
1,
1

,

1,

1915
1919
1909
1910

Special Assessm't Bonds(1890).
Sept. 1, 1897
6s, M&S, $70,000..
(Partdue yearly) .toSept. 1, 1905
Street Paving Bonds—
6s,
1898 to '02
$28,010

(refund'g).

.

J&J,

60,000.... July 1, 1907
20,000.... Oct. 1, 1909
70,000.... Apr. 1,1913
50,000.. .. May 1, 1916

Refunding Water Bonds—
A&O. $125.000.... Oct. 1, 1915
Zanksville Railway (refund'g).

4s,

Mar., '00-'04
5s, M&S, 17,400
5s, M&8. 13,200... Sept. 1900-'09
1900-1904
5s, Oct.,
17,558
5s, M&S, 11,500. ...Sept., 1900-09
5e, M&S,
1,800.. ..Mch., 1901-05
Bonded debt Mar. 24, '99. $558,000

Tax valuation 1898

9,073,811
Assessment about ^ actual value.
Total tax (per$l,000) '98. ..$27*30
Population in 1890 was
21,009
Population 1899 (est.) abt. 25,000

J&J, $25,000.... July 1,1905
4^8, J&J, 14,000.... Jan. 1,1910
N T E R EST is paid at Nassau Bank, N. Y.
413s,

Due.

4^8,

5s,8emi-an.$25,000....July 1, 1913
4^28, A&O, 30,000.. .Apr. 1, 1906

A&O,
A&O,

M&N,

When

etc. (refunding).
$40,000.... May 1, 1905

1908

Refunding Bonds—

413s,
4128,
413s,

N. Baintek, City Clerk.

Muskingum County.
When Due
LOANS—
Natural Gas,

the oapital of

Cemetery Bonds—

4^8, J&J,

89

-BEST Of STATE.

April, 1900.

I

C. ,or at Treasurer's office.

Place

Total Interest
Rate.
Debt.

—
8. D.,

it>/.

6

5&6

1916

4

'00-*20

Loudon Twp., Seneca Co. 20,000
Marietta S.H.D., Wash. Co 32,000

S. D.,Marion Co. 70,000
Martin's Ferry, Belm't Co. 204,000 5,5 »2,
Martin'8F*yS.D.,B'lm't Co. 73,300
5
77,000
Maumee, Lucas Co
5
Mechan'sv. S.D.,Ch'mp. Co 26,000
McConnellsv., Morgan Co. 25,700 5 & 6

'99'25

5&0

30,500
Medina, Medina Co
Middlet'nS.S. D., Butler Co 68,000
Monroeville, Huron Co.... 34,500
Montpelier, Williams Co... 33,000
Mt.Vernon S.D. Knox Co.. 25,000
95,000
Napoleon, Henry Co
Nelsonv.S.D., Athens Co.. 50,500
,

Newark

City
ingCo.....

Newark

S.

796,160

903,000

1,321

2,050,253

6,250

1914
1916

5
5-2

Marion U.

Assessed tion in
Valuation. 1890.

'99-'07
'99-'21

5

Allen Co.... 25,000
Lisbon, Columbiana Co.... 68,300
Lorain, 8. D., Lorain Co... 67,500

Lima U.

Jdalur-

'00-'44
'16-'28
'00-'22
'99-'12
'99-'17
yearly to '16
'00-'30
'00-'33
yearly.
yearly.
*08-'13

1,645

5&6
5
5&6
6
6

5&6
5

835,521
896,729

1,771
2,073

425,040
281,150

1,293

729,860
796,040

2,764

D., Lick-

'99-'05
'99-'12
*99-'14

5
6

33,500

Tp., Licking Co... 50,<00

917,259 15,286

527,510 1,241
6
Newcomerstown.T'scarCo 39,000
56,000 4^-5-6 ye'lyto'34 728,965 1,922
Oxford, Butler Co
'03-*21
Palnesv. S. D., Lake Co.. 52,500 4*«-5
'99-'26
2,511,140 4,755
Painesv. Vill'ge, Lake Co. 171,500

5&6

6
Paulding, Paulding Co.... 53,000
Piqua 8. S. D., Miami Co.. 97,000
35,000
6
Pleasant, Putnam Co
Pleasant Ridge, Ham. Co. 112,731 5 & 6

5&6

1909

1907
45,000
6
Polk, Crawford Co
*06-'17
5
Pultney Twp., Belmont Col20,000
'98-'37
Hamilton
49,000
5
Co....
Reading,
Riley (Tw'p), Putnam Co. 33,000 5^ & 6 '05-'10
53,850
5
19Q5
Brown
Co
Ripley,
'99-'13
6
St. Mary's 8. D., Augl. Co. 36,500
'99-'30
St. Mary's Vill'ge, Aug.Co.122,500 5 & 6
'99-'21
8alemS.D„ Columb.Co.. 67,000 5&6
1922
6
Salineville, Columbiana Co 40,800
'03-'23
6
Sharon Tp., Richland Co.. 25,000
'99-'06
74,650
6
Shelby County
Portland
Bmithfleld &
1900
61,000
5
Pike Dist.. Jeff. Co
'99-'03
Tiffin Sch. Dis„ Seneca Co. 41,000
6
1912
6
Tippecanoe, Miami Co.... 27,686
'06-'13
Tippecanoe, 8. D., Mia. Co. 27,000 5&6
Toledo Board of Educat'n,
570,000 4-4»4-4 12 '04-'29
Lucas Co
26,794
5
1902
Troy 8. D., Miami Co
40,000
Union County
'99-'15
Urbana S. D., Champ'n Co. 42,000 5&6
Urbana City, Champ'n Co.293,000 4is-5-6 '99-'ll
1902
Van Buren, Putnam Co... 40,000
6
'01-'18
67,000
5
Van Wert County
'99-'02
Vinton County
29,000
6
1905
Warren City, Trumbull Co.105,000 4*2-5
Warren City S.D.,Trum.Co.$37,000 4-4^-5 1920
'99-'24
Wauseon, Fulton Co
25,600
6
*99-'03
Wayne County
27,950
6
1901-17
4
West Liberty School Dist. 19,800
'99-*15
5
Willoughby, Lake Co
33,300
'00 '18
Wilmington, Clinton Co... 47,000
5
'98-'15
WintonPlace.Hamilton Co. 54,132
'98-'17
Wyandot County
118,750
6
Wyoming, Hamilton Co... 61,940 5&6 '98-'02
'14-*15
Zanesv. S. D.. Muskin. Co. 80,000
4

5&6

"

372,631

'99-'13
'03-'23
'99-'19

1,879

658,301 3,286
427,410 1.027
495,990 7,200
938,652 12,857
682.200
634,803 1,566
802,142 2,483

986,770 3,000
374,950 2,369
655,770 2,963
11,513,400 24,707

650,970

1,465

10,400,000 22,860
3,465,732 6,510
610,262 3,444
9,317,320 29,169
3,215,098 16,045
3,179,015 5.973

$492,510 2,060
20,950,222 39,005

400,000*1,500
609,770 1.219
1,787,196 3,079
555,840
11,259,020 21.722
1,172,790 1,454

Estimated.

ADDITIONAL STATEMENTS.
In the table below we give statements regarding all minor civil divifiions in the State of Ohio which have reported an indebtedness of over
$25,000 and which are not represented among the foregoing detailed
"reports.
We have added in each case the population from the Census
of 1890.
PopulaTotal Interest MaturAssessed tion in
Place—
Debt.
Rate.
ity.
Valuation. 1890.
'99-'01
Ada, Harden Co
40,000
6
438,070 2,079
'99-'12
AdaS. D., Harden Co
34,000 5&6
Bellevue, Huron & Sandus'98-'12
ky Counties
63,400 5&6
696,954 3,052
Blanchard (Tp.) Putn. Co.. 35,000
3^ '00-*ll
800,000 1,688
'06-'25
Blanchester, Clinton Co.. 34,000
6
375,842 1,196
'00-'15
Blufltun. Allen Co
25,000 5&6
313,262 1,290
'99-'20
Bryan, Williams Co
63,800 5&6
930,700 3,068
'99-'08
Cambridge S.D Guern.Co. 35.000
5
'99-'02
Canal Dover, Tuscar Co.... 64,000
5
1,398,640 3,470
Canal Dover 8. D., Tusca*99-'17
rawas f'o
47,000 5&6
'99-'13
Carey, Wyandot Co
35,000
6
507;540 ii605
'03-'23
Carrollton, Carroll Oo
28,000
426,070 1,228
'01-'22
Chagrin Falls.Cuyaho. Co. 35.000
6
150.100 1,243
•Columbiana, Colum. Co... 35,000
5
1914
44c no 1,112
Conneaut, Ashtabula Co... 48,000
5
"Oe-'IS
1,196, ,"40 1,163
'98-'08
OranbeiryTp.,CrawfdCo. 25,000
6
537,360 1,662
*99-'07
Crane, Wyandot Co
45,000
6
884,000 4,903
'99-'05
Defiance County
43,500
6
7,763,123 25.769
Delaware, Delaware Co... 27,510
6
1906
3,473,620 8,224
Delphos. Alien* Van Wert
'00-'26
Counties
...103,000 5&6
1,151,077 4,516
Dennison (V.), Tuscara'99-'22
was Co
40,000
6
770,000 3,780
East Cleve., Cuyahoga Co
60,000
4
1918
683,570
'99-'16
E.Cleve.8.D.,C'yaho'aCo.. 33,000
5
Fast Palestine, Columb.Co. 32,600 5 & 6 '98-'18
447,000 1,816
'99-'14
Eaton, Preble Co
55,000
6
1,785,963 2,934
1
Erie County
40,000 4 * & 5 1900-04 14,920,590 35,462
Fern Bank, Hamilton Co... 26,521
'99-'17
6
367
Findlay, U. S. D. .Hancock
'01-*25
County
122,000 5&6
'00-'19
Geneva S. D„ Ashta'la Co. 30,000
4
940,970 *3,'66o
Germaut'n.Montgom'yCo. 29,000
9
1899
852,570 1,437
Gibsonburg, Sandusky Co. 38,750
6
'04-'ll
261,110
585
Guernsey Co
'99-04
30,000
5
8,609,331 28,645
Hartwell, Hamilton Co.... 72,125 5&6 *99-'27
1,507
1,030,080
'98-'21
Hartw'US.D.,H'miltonCo. 30,400
6
Hicksville(V.)DerlauceCo. 45,000
1900-20
..
566,000 *3,200
Hillsboro. Highland Co.... 88,500 5&6
'05-'33
1,700,951 3,620
Hillsb'ro 8. D., Highl'd Co. 35,000
1939
5
Huron (V.) Sandusky Co.. 41.000
t>
IrontonS.D., Lawrence Co 36,000
'99-'12
5
Jackson Tp., Crawford Co. 30,500
6
'll-'20
234,200 3,248
Kenton, U.S. D.. Hardin Co. 42,500
'99-'15
6
Lakewood, Cuyahoga Co.. 44,225 5&6 '98-'16
1,266,845
Lebanon, Warren Co
'00-'22
71,765
5
1,481,353 3.050
Lebanon S. D., Warren Co. 25,000
'98-'08
5
Leotonia, Columbiana Co. 36,500 5&6
yearly.
646,890 2.826
,

5&6

.

.

State of Indiana.
ITS

DEBT, RESOURCES,
Organized as a Territory (Act
Admitted as a State (Act Apr.
Total

Area

May

Etc.
July 4, 1800
Dec. 11, 1816

7, 1800)

19, 1816)

-

36,350
Indianapolis

of State (square miles)

State Capital

-

- James A. Mount
Secretary of State (term expires Jan., 1901) - - Union B. Hunt
Hart
W.
Auditor (term expires Jan., 1901) Treasurer (term expires Feb., 1901)
Leopold Levy
Legislature meets biennially in odd years on the Thursday
after the first Monday in January, and sessions are limited
to sixty-one days.

Governor (term exp. 2d Monday, Jan., 1901)

H

HISTORY OF DEBT.—The historical details of Indiana's State
debt from 1832 up to 1894 will be found in the State and City
Supplement of April, 1894, pages 85 and 86.
Indiana's oredit stands high now, about all of Its debt being in 3 and 3 ^
percent bonds the details of the State's outstanding obligations are as
f 0II0W8
FOREIGN DEBT.
;

LOANS—

Interest.

<

NAME AND PURPOSE.

P. 01. Payable.

Sohool fund refunding

r.

3

J&D

.

Principal.
Outstand'g.

«

.

When Due.
June

18,

1909

$3,430,000

Optional after June 18, 1899
Stock certificates
past due
int.
ceased
Do
do
past due
ceased
int.
Temporary loan (refunding). 3*2 A & O Apr. 1, 1915
Optional after Apr. 1, 1910
Do
do (refunding).. 3^
Mav 1, 1915*
Optional after May 1, 1910.

M&N

3,470
2,145
585,000

500.000

DOMESTIC DEBT— NON-NEGOTIABLE.
Held by Purdue Universitv.
Held by Indiana University..
.

5

5

Q.—J
M&N

$340,000
144.000

INTEREST

and principal of foreign debt bonds are payable at the
Winslow, Lanier & Co., New Yock. Interest on the $144,000
at Bloomington, lud.

office of

TOTAL DEBT,

Etc.— The following statement shows Indiana's

cotal debt, the foreign

and domestic debt, and the annual

Interest, etc.

90

STATE

m®

Mar.
Foreign debt
Domestic debt

1, '97-

1, 1900. Mar. 1. '99. .afar. 1, *98.
$4,520,615 $4,916,615 $5,510,000
484,000
484,000
484,000

$5,716,615
484,000

$5,994 000
$170,725
24,200

$6,200,615
$176,725
24,200

$194,925

200,925

Total debt
$5,004,615
on foreign debt.. $140,875

on domestic debt.

24,200

$5,400,615
$152,725
24,200

Total annual int..

$165,075

$176,925

Int.
Int.

Nov

SUf ?1£1W£NT,

CITY

ASSESSED VALUATION.—The

following table shows the total
valuation of real and personal property and the State tax rate (per
$1,000) for the general fund for the years indicated.
State tax
Tears.
Valuation.
Valuation.
Slate tax.
Tears.
$1-20
$0-90 1885....
1899.... $1,342,831, 161
793,526,079
1-20
0-90
189S.... 1,311,508,008
1880
$728,944,231
1-50
0*90 1875
1897.... 1,295,965,056
897,739,783
1'50
0-90 1870
1896.... 1,292,641,237
662,283,178
2-00
1895.... 1,286,050,531
567,381,553
090 1865
1"50
1-00 1860
1894.... 1,295,106,415
455,011,378
2-00
1-00 1855
1893.... 1,302,310,250
301,858,474
2-50
1-20 1850
138,362,085
1891.... 1,255,256,038
1-20
1889....
843,483,466
The total tax rate (per $1,000) for 1899 was $29623, including
Benevolent Institution tax $0-50, school tax $1 10, State debt sinking
fund tax $0-30, and Educational Institution tax ^O-ie^, in addition
to the general fund tax of $0-9i> as given above.
DEBT LIMITATION.—In the present Constitution of Indiana, which
went into effect November 1, 1851, superseding the Constitution adopted
in 1816, there are explicit provisions limiting the power of both the
State and its municipalities to contract debt.
FIRST, as to the State, Section 5 of article 10 provides that no debt
except to meet casual deficits in revenue, to pay interest, to repel invasion &c. can be contracted. The seotion in full is subjoined.
Creation of Debt Forbidden.—No law shall authorize any debt to be
contracted on behalf of the State except in the following cases To
meet casual deficits in the revenue to pay interest on the State debt
to repel invasion, suppress insurrection, or, if hostilities be threatened,
provide for the public defense.
In the sixth section of the same article the last clause prohibits the
assumption by the State of the debts of any municipality or corporation.
The clause referred to reads as follows.
Nor shall the General Assembly ever on behalf of the State assum e
the debts of any county, city, town or township, nor of any corporation
1

Vol.

LXX

Also (if the laws that have been passed are constitutional), the limit
of 2 per cent may be exceeded for the purpose of making gravel roads
(see above), the Supreme Court having decided that gravel road bonds
are not properly an indebtedness of the county.
In addition to the foregoing, general statutes have been passed by the
Legislature granting general powers to cities and towns of fifteen
thousand inhabitants or over to issue bonds for legitimate corporate
purposes, subject, however, to the Constitutional limit of 2 per cent on
valuation. But we have not the space to set out here the details, or the
details of the other legislation applicable to cities of larger and smaller
population, and covering specific purposes, such as water works, &c.
POPULATION OF STATE.— The population of Indiana has been
as follows in the years named.
1897
2,867,036 1860
1,350,428 1830
343,031
1890
2,192,404 1850
988,416 1820
147,178
1880
1,978,301 1840
685,866 1810
24,520
1870
1,680,637
Between 1860 and 1870 the increase was 330,209, or 24-45 per cent,
between 1870 and 1880 297,664, or 17-71 per oent, and between 1880*
and 1890 214,103, or 10-82 per cent.

,

:

;

whatever.

SECOND,

municipalities, the provision contained in the
Constitution seems to be equally clear and emphatic, and, as will be
found^flxes the limit at 2 per cent of the valuation. It is article 13 of
that instrument which relates to this subject, and we give the article in

as

to

full below.

Limited — Excess Void.— No

or municipal

political

It should be said in connection with the above that several laws
have been enacted since the foregoing constitutional limit was adopted
(March 14 1881), and bonds have been issued by counties thereunder
beyond the 2 per cent limit, for the construction of "free gravel, stone
or other macadamized roads." Several such laws were passed at the
1899 session of the Legislature. But in the case of Strieb vs. Cox,
Treas., Ill Ind., the Supreme Court of Indiana held that gravel road
bonds are not properly indebtedness of the county— hence do not come
within the inhibition of Section 13 of the Constitution. (See editoria
in State and City Supplement for October, 1899, page 3.)
In
1899 the State Supreme Court, in the case of Wilcoxon versus City
of Bluffton, ruled that bonds issued by a city at the request of the
School Trustees must be counted in determining whether the city is

indebted to the constitutional limit of 2 per cent.
THIRD, counties (but no other kind of municipality) are prohibited
from subscribing for any stock in a corporation unless paid for at time
of such subscription. The section which covers this subject is section 6

and is as

follows.

Counties cannot take stock.

No county

shall subscribe for stock in

any incorporated company unless the same be paid for at the time of
such subscription; nor shall any county loan its credit to any incorporated company, nor borrow money for the purpose of taking stock in
any such company; nor shall the General Assembly ever on behalf of
the State assume the debts of any county, city, town or township, nor of
any corporation whatever.
The prohibition which this section contains applies, as already stated,
only to counties. Consequently the Legislature was at liberty to authorize cities to subscribe to the stock of railroads, as it did by a general
law passed in 1867 granting the power to subscribe to the stock of any
railroad running into or through any city or near its corporate limits.
Other laws of a somewhat similar character have been passed at other
dates. We notice one law too which authorizes counties bordering on
the State line to subscribe for railroad stock and to issue bonds for the
purpose of paying the subscription. In view of the above section
this grant of power extended to counties would seem to be at least

COUNTIES are apparently

STATE OF INDIANA.
ing, see

found in alphabetical order among the follow"Additional Statements" at the end of this State.

ADAMS
County seat

CO. Jonas Neuenschwander,

by

statute to a lower than the
Constitutional limit of 2 per cent in the matter of creating certain kinds
of debt. For instance, Section 5749 of the Revised Statutes authorizes
any county to issue bonds when necessary to construct, complete or
epair court house, jail or other county buildings, or to fund existing
debt; in those cases county commissioners may borrow for that purpose not exceeding 1 per cent on assessed valuation and issue bonds
therefor.
restricted

Limit of one per cent may be exceeded in counties for funding purposes in certain cases where the aggregate indebtedness in 1879
exceeded one per cent (see Revised Statutes, Section 816); also for
temporary loans (see Revised Statutes, Section 5818).

Treas.

Decatur.

is

LOANS—.

When Due. Total valuation 1899. .$10,516,810
|

Bonded debt Jan.

Total tax rate (per M.) '99. ..$970
Floating debt
20.181
38,278 Population in 1890 was
Cash and sinking fund ... 8,390
INTEREST on the redemption bonds is payable at New York.
1,

1900.. $45,000

ALEXANDRIA. —

This city is in Madison County
Total debt Mar. 1, 1900... $91,500 Tax rate (ner M.) '99
..$28-60
Tax valuation 1899
715
2,000,000 Population in 1890 was
Real valuation
4,000,000 Populationin 1900(est.)
12,000

ALLEN
COUNTY.County
Wayne.
is

-Wm. Meyer,

Jr., Audit'r.

Fort

LOANS—

When Due. Tax valuation, real.. .$35,597,800
Court House Bonds.
Tax valuation, person!. 8,370,515
.

1906'35 Total valuation 1899..$43,968,31

,$525,000

4s

Court H'se & Power Sta'n Bds. Assessment

abt.

60%

actual value.

3^8, M&N, $200,000. Nov. 1, 1919 State & Co. tax (per M.)1900.$81O
Bond, debt Feb. 23, 1900.$725,000 Population in 1890 was
66,689
INTEREST is payable in New York City.

ATVjT^"FrT=?C;OKT
IN LJI^Jrt^5*^lN

.

—

5

M. M.

DUNLAP,

FRANK

Mayor.

EPPLY,

City Clerk.
the county seat of Madison County.
Refund. Water B'ds.— (Con.)
When Due.
LOANS—

This city

I

G.

is

Funding Bonds— 1879-1893—

5s,

J&J,

July 1,1917

$5,000

Aug. 1, 1918
..s, ... , 60,000
$151,500
6s,semi-an., 27,000.Nv.l5,1900-'08 Total debt Mar. 1, '99.
Tax
yearly.)
valuation
1897
7,070,340
($3,000 due
1917
Actual
valuation
May
24,000,000
1,
5s,
$4,000
City tax rate (per M.), '98.. $13-00
School Bonds— 1890—
1910 Populationin 1890