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STAT
'TY
SECTION
COMMERCIAL & FINANCIAL CHRONICLE,
OF TITE
Copyrighted in 1919 according to Act of Congress, by WILLIAM B. DANA
COMPANY,in office of Librar
ian of Congress, Washington
,
Vol. 108.
NEW YORK, JUNE 28 1919
DX.
No. 2818.
These conditions were war-tim
e conditions and
STATE AND CITY SECT'10N.
they necessarily governed and
contr
olled everything
The State and City Section, issued semi-annually on the last Saturd
ay else. The United States was in
of June and December, is furnished without extra charge to every
the
market as a
annual borrower
subscriber of the Commercial & Financial Chronicle.
on a prodigious scale and all
othe
r borrowTerms for the Chronicle, including this and five other Sectio
ns, or Sup- ing had to be releg
plements, issued periodically and all furnished withou
ated to a subordinate place
t extra charge to
.
annual subscribers, are Ten Dollars per annum within
the United States, Municipalities in need of money
formed no exception
Thirteen Dollars (which includes postage) in Europe
and $11.50 in Canada. to the
rule. To insure the success
of the Federal
WILLIAM B. DANA COMPANY, Publis
loans
,
the
hers,
Government had to raise inter
Front, Pine and Depeyster Streets,
est rates
P. 0. Box 3, Wall Street Station.
New York. and necessarily municipal and other
borrowers had
to pursue the same course. Not
to mention the
Government's temporary appli
DATE OF ISSUE OF THIS PUBLICATION.
cations to the investAs explained in previous numbers, this periodical, ment and money markets, the United States during
owing to the great pressure for space, is now issued 1918 floated two loans of a permanent character, both
•in two parts. The first part, comprising the New of greater magnitude by far than any previously
placed in American history. In April
England and the Middle and the Central State
-May the Third
s (the
latter embracing Ohio, Indiana, Illinois and Michi- Liberty Loan was floated. As against the
VA%
gan); is published in the first half of the year and interest rate in the First Liberty Loan and the.4%
rate
in
the
Second Liberty Loan, both put out
appears to-day. The second part, comprisi
in
ng the
rest of the country, is published towards the close of 1917, the rate was now raised to 4%. Subscriptions were invited of $3,000,000,000 with
the year, and will appear next December.
the right
The change has been forced upon us by the con- reserved to allot additional bonds up to the full
stant addition to the number of municipal bond amount of any over-subscription. The bids actually
issues and the inability to compress the informatio reached $4,176,516,850, all of which were accepted.
n
In September-October the Fourth
concerning the same within the limits of
Liberty Loan
a single was offered. The
rate of interest was again place
number. Not only are the older and more importan
d
t
civic corporate bodies uninterruptedly putting out at 43%, but to make the loan more attractive the
further bonded obligations, but many of the mino bonds were endowed with a larger degree of taxr exemption than
any previous Liberty Loan issue
places, previously free from debt, have also enter
ed except the First
, which latter is totally exempt from
the ranks of borrowing communities and are constantly creating new issues. Besides this, in the annual tax levies. In this case subscriptions were
newer sections of the country where expansion and invited for $6,000,000,000 with the right again reserved to allot additional bonds up to the
development are such noteworthy characteristics
amount of
of
affairs, new civil divisions are all the time springing any over-subscription. Actually $6,989,047,000 of
up. The result is that the demands for additional bonds were subscribed for, all of which were accepted.
space have outgrown our ability to provide for them In these two great loans combined, therefore, the
in the customary way, leaving no alternative but to amount of the Government's borrowings exceeded
$11,000,000,000.
issue the Supplement in two parts and to assig
n a
It was recognized from the first, both
portion of the country to each part.
by the Federal authorities and by financial inter
ests,- that with
the Government requirements, because
MUNICIPAL BOND SALES IN 1918.
of war, so
imperious and on such a huge scale,
applications by
In this article we make our customary annual
all other borrowers, of whatever nature,
analysis of the municipal bond sales, the compilatio
would have
n to be kept within rigid limits.
Steps to that end
the present time covering the calendar year 1918. were
taken at the very beginning of the
year, but
The chief characteristics of the 1918 figures are the
at
first
were the result entirely of voluntary
diminution in the yearly aggregate of the sales
action.
and There was no dissent anywhere from
the idea that
the further advance in the cost of obtaining the loans
some sort of supervision and regulation
was an absoas measured by the interest rates in the bonds. lute
necessity of the situation. Later
regulatory
Both features are what would be looked for by any
powers were conferred by statute.
one familiar with the municipal bond market and
In the War Finance Corporation Act,
which bethe circumstances under which offerings had to be came
a law on April 5, provision was made
for the
made, and both find their origin and explanation in
creation of a Capital Issues Committee
whose duty
the conditions prevailing during the year.
it was made to determine whether any
proposed new
4
STATE AND CITY SECTION.
[VoL. 108.
constitute an important portion of
patible with the 432% issues still
"com
or
was
,000
$100
of
ss
exce
issue in
whereas in 1918 only $68,709,767,
powers were dele- the whole, but
tive
in
puni
,
rate
No
that
."
at
rest
out
inte
put
onal
nati
whole were
were really neces- 23.78% of the
of
d
iste
cons
had
,893
,416
$150
gated to this Committee and none
to 1917 no less than
first
the
from
ared
prep
is
es
was
issu
total of the 4%
sary as every one
orders 41A%s. The decline in the
e's
itte
Comm
the
to
.
e
rred
ienc
occu
h
render implicit obed
still more significant of the change whic
the
of
,
61%
21.
and decisions.
less than $95,550,594, or
of capital in order In 1917 no
In effect there was a rationing
placed, bore 4% interest; for 1918 the
s
bond
be interered new
not
ld
shou
ents
irem
requ
t
men
ern
that Gov
but $18,681,829.
ly necessary. It fol- amount was
with any more than absolute
as compared with earlier periods is
rast
cont
The
in 1918 wanted to
lity
cipa
muni
a
n
whe
that
d
lowe
. A dozen or more years ago the
long-term obliga- still more striking
borrow in excess of $100,000, on
rates in municipal bonds were
rest
by the Capital prevailing inte
The issues at above 4% were
tions, the issue had to be passed upon
4%.
and
%
ined. Per- 3%, 332
obta
oval
appr
its
and
e
itte
1918, as already shown, the
Issues Comm
of municipal relatively small. In
case
the
in
sion
occa
more
was
e
haps ther
the whole issue was at interest rates of
g rule than in the great bulk of
onin
rati
a
y
appl
to
es
issu
bond
and higher. We have prepared the
ications, since in an 432%, 5%
case of other new capital appl
marY to indicate the aggregate of the
et the municipal following sum
t interest rates for 1901,
appeal to the investment mark
that bonds put out at the differen
fact
the
in
e
ntag
adva
ial
spec
and 1918. We exclude the
borrower has a
immunity for 1906, and for 1917
lete
comp
ess
poss
ons
gati
obli
Fund takings as these are
municipal
municipal New York City Sinking
from
me
inco
The
.
tion
taxa
ral
issues and furnish no criterion
from Fede
in the income nearly always low rate
uded
incl
be
to
have
not
does
bonds
conditions.
ies and such income of market
G NEW YORK CITY
returns to the Federal authorit
INTEREST RATES, EXCLUDIN
IVE
ARAT
COMP
Federal tax but also
SINKING FUND TAKINGS.
escapes not only the normal
taxes and likewise
1901. PCof
1906. IPCof
1917. P Cof
the war profits,.'and excess profits
1918. P Co
Total
3
$
Total
'TotalI
$
Total
$
I 2.77 19,971,249 14.25
the surtaxes.
6,
y
,45
likel
257
15,
and
0.0
eased
,26849.00
3 per cent730,000 0.16 19.169,65010.09 68,693,47619.67
2,000 0.H
With all these taxes so heavily incr
cent
0,280 63.22 27,576
advantage 43J.perpercent__
the
18,681,829 6.36 95,550,594 21.61 120,13
,
come
229,000 0.17
to
s
0.13
0'
year
e
254,00
53
som
3
,338
for
ure
15,612
to be a feat
978 3.72
per cent 4,414,500 1.4
6,89334.01 14,598,010 7.68 5,214,985 6.63
consideration with 434
434 per cent 68,709,76723.38 150,41
27.04 17,436,088 9.18 9,301,
referred to became an important
5 per cent_. 98,401,25433.46 119,626,239
than
the large investor. Higher
9.48 7,146,959 3.76 2,758,797 1.97
5 per cent 73,769,03425.11 41,869,344
the investor, and particularly
for
and
dem
Unknown &
less
or
4.17 6,027,828 3.17 6,439,746 4.59
more
,354
ys
18,460
30,066,074 10.24
Thus, there was alwa
n Unu8ual__
ptio
exem
tax
the
190,020,271 100.0 140,185,499 100.0
of
100.0
on
65,762
reas
100.01442,2
4,458
by
Total__ 294,04
municipal bonds,
n
whe
time
a
came at
of $140,185,they enjoy, and as this demand
In 1901, it will be seen, out of a total
a reduced
oh
out
put
g
bein
were
ons
gati
such obli
,993, or 82.92% Of the
in the market 499 bonds placed, $116,240
ent
ovem
impr
ial
tant
subs
2s forming
a
scale,
2s and 4s, the 33/
3s, 33/
occurred the latter whole, consisted of
es
issu
rity
secu
693,268,
civic
$68,
ng
of
risi
e
valu
, they comp
we may cite New much the larger part
1918,
In
s.
osal
disp
's
part of the year. As illustrations
year
the
Stock Exchange. or nearly one-half of
,458
,044
$294
of
l
tota
a
York City bonds dealt in on the
of
out
at 933.j in April, on the other hand,
fund
ing
sink
City
York
New York City 4s of 1965 sold
New
the
s
%. In like manner (this being minu
but in November commanded 103
were floated, only $2,000 of
April to 993/i in takings), no 3% issues
in
from
i
rose
873/
1966
of
the 43.is
even of 4s, while $240,880,r this improve- 33/2s, only $18,681,829
afte
even
se,
cour
Of
er.
Novemb
sales, or 81.95%, were 43's, 5s
iderably lower than 025 of the year's
cons
ined
rema
es
valu
,
ment
re the entrance of the and higher rates.
d that
at the beginning of 1917, befo
In previous annual reviews it has been foun
4s of 1965 had sold
had
ons
gati
obli
civic
United States into the war; the
new
of
ut
430 of 1966 at 106. the increase in the outp
of
s
part
r
newe
the
in
at 111 in January 1917, and the
ed
ounc
grand aggregate been especially pron
new
the
e
that
According to our compilations the
renc
infe
the
ng
orti
s during the twelve the country, supp
in the normal developof the sales of municipal bond
When it is stated issues represented outlays
.
,458
,520
$296
was
1918
of
hs
mont
towns in those parts of the
of $451,278,762 for ment of the cities and
that this compares with a total
results we again see evidence
, with $498,557,993 country. In the 1918
1917, with $457,140,955 for 1916
ng tendency, for the figures show
for 1914, it will be of the same underlyi
for 1915 and with $474,074,395
in the new capital applications
ction in the placing that the cutting down
seen how substantial was the redu
older and more settled comthe
in
rely
er of fact, the has been enti
matt
a
As
.
1918
in
es
issu
civic
of new
need for development and for
any year since 1907. munities, where the
of
lest
smal
the
is
e
egat
aggr
1918
would be far less urgent than in
for the four years pre- civic improvement
s
sale
ly
year
the
of
age
aver
The
the country. In the North
,000, and as dom- the newer parts of
ceding 1918 was, roughly, $470,000
new bond disposals in 1918
e of $296,520,458 Atlantic Division the
pared with this average the aggregat
against $175,977,685 in
032,
418,
roughly,$174,000,000, reached only $62,
for 1918 registers a decrease of,
$228,783,498 in 1914.
and
1915
in
,654
1917, $208,213
d.
thir
oneover
ably
sion the disposals in
or consider
of municipal Again in the North Central Divi
ion
ress
supp
al
actu
an
was
e
ther
Thus
,312,269, against $141,313,068
e extent. The other 1918 were only $100
larg
very
a
to
s
ring
offe
bond
in 1916 and $137,208,751 in
borrowing, namely in 1917, $128,078,530
huge
nt's
rnme
Gove
the
of
t
effec
South Atlantic tier of States,
es had to pay in the 1915. Even in the
the higher price that municipaliti
s in the past have never been
in their applications where the disposal
shape of increased interest rates
rtheless a considerable reducd in the statistics in a heavy, there was neve
to the loan market, is reflecte
sales in that section being no
than one-third of the tion in 1918, the bond
no less pronounced way. More
against $31,434,837 for 1917,
178,
867,
s of 5% more than $19,
rate
rest
inte
ied
carr
1918
in
out
put
bonds
$41,916,530 for 1915.
er than 5%. In $40,984,531 for 1916, and
high
s
rate
rest
inte
ied
carr
25%
and
the South Central group of
s were 5%s and • On the other hand, in
other words, $98,401,254 of bond
ern or Pacific Division
West
er rates. The States and again in the
$73,769,034 were put out at even high
JUNE, 1919.]
STATE AND CITY SECTION
5
the 1918 bond disposals, notwithstanding the restrictions on borrowing, were actually larger than
for 1917. As the output was so largely under the
control of the Capital Issues Committee, we may
suppose that the borrowing in those sections was
largely of a character betokening pressing needs
which could not be deferred. In the South Central
Division the 1918 municipal borrowings reached
$55,476,941 against $52,957,073 in 1917 and $56,942,261 in 1916, and in the Western or Pacific
Division they were $58,446,438 against $49,596,099
in 1917 and $56,729,917 in 1916. To furnish these
comparisons in graphic form we again reprint a
table given by .us many times before (but with the
1918 figures added), and which shows the distribution of the bond sales for the last twelve years among
the different geographical divisions of the country.
Cal.Years.
1918.
1917.
1916.
1915.
1
1914.
1
1913.
$
1 $
1
62,418,032 175,977,695 174,405,716 208,213,654228,783.498
$
North Atl.
164,152,029
Nor. Cent. 100,312,269 141,313,068 128,078,530 137,208,7511108,924,972 89,373,061
Total-162,730,301 317,290,753 302,484,246 345,422,405 337,708,470 253,525,090
1
1
South Atl. 19,867,178 31,434,837 40,984,531 41.916,520 33,782,300 31,353,750
Sou. Cent. 55,476,941 52,957,073 56,942,281 55.312,824 39,476,448 44,219,396
Western or
Pao. Div. 58,448,038 49,596,099 56,729,917 55,906,444 83,107,1771 74,148,282
Total__ 133,790,157 133,988,009 154,656,709 153,135,588 136,365,925 149,721,428
Grand tot.296,520,458451,278,702 457,140,9554T)8,557,993474,074,395 403,248,518
Cal.Years.
1912.
1911.
1910.
1909.
1908.
1907.
$
$
North AU.181,388,831 183,316,289 147,241,6691158,499,538 178,085,777 138,719,282
Nor. Cent. 95,793,261 77,979,550, 72,476,823 65,208,923 85,242,723 48,518,220
Total.- 57,179,892 261,295,839 219,718,492 223,708,461 241,308,500 187,237,502
South AU. 23,740,800 20,785,7001 22,823,800 15,173,700 20,142,500 9,058,500
Sou. Cent. 37,157,894 43,501,870 24,873,499 44,732,415 18,891,139 17,787,328
68,473,242 71,276,437, 52.820,390 55,809,984 33,455,410
Pacific
13,581,878
Total... 129,371,936 135,583,807 100,317,689115,710,099 72,489,049 40.405,706
Grand tot.388,551,828 398,859,648 320.036.181 339.424.560 313,797.549 227.643.208
After apportioning the amounts under the different heads, an aggregate remains of $66,597,368 for
1918, it will be seen, under the designation "Miscellaneous," and the amounts for other years are also
large. In explanation it should be said that this item
comprises mainly bonds issued for special purposes,
like South Dakota's issue of $10,450,000 for rural
credits; Louisiana's issue of $6,000,000 for the improvement of canals; and bonds for the improvement
of levees, for irrigation, for the acquisition of street
railways-purposes of not sufficiently common occurrence to warrant our providing an extra column
for the same in our full-page compilation. A foot note
to the detailed table on the following page gives the
leading items that go to make up the "Miscellaneous" column.
In conclusion, we will reiterate what we have said
in previous years, namely that our figures deal only
with issues of a permanent character-such as, by
their nature, constitute a real addition to the debts
o! the municipalities. We rigidly exclude floatingdebt obligations and everything of a temporary
nature, and we are careful also to avoid duplication
or the inclusion of loans that do not belong in the
footings. As the best explanation of our reasons for
excluding floating-debt obligations, we may refer to
the case of this city, which during 1918 issued no less
than $247,772,464 of temporary obligations in anticipation of taxes, and redeemed $252,970,364 of the
same class of obligations, and also issued $101,953,000
of corporate stock notes (a new form of obligation
since 1912), and retired $74,845,000 of the same.
In order that the reader may know what the grand
aggregate of the sales for the twelve months would be
with all these various items included, we will say that
the total in that event would be nearly $1,500,000,000. The actual municipal bond sales for the twelve
months within the territorial limits of the United
States were, we have seen, $296,520,458; the temporary loans reached $438,420,581; sales of permanent
securities in Canada (including $650,000,000 "Victory Loan," and over $20,000,000 of Provincial
loans) were $721,087,066; general fund bonds of New
York City, $27,000,000, besides which Porto Rico
sold $500,000 bonds and San Juan, Porto Rico,
$300,000 bonds, giving a grand total of $1,483,828,105. In the following we furnish a five-year tabular
comparisOn of the various classes of new issues:
In many of the older and larger cities the curtailment of new borrowing was, as might be supposed,
very marked, and nowhere more so than in New York
City. This city put out no issues of a permanent
character whatever during 1918 excepting only
$2,476,000 taken by its own sinking fund. In 1917
New York City's public offerings were $55,000,003;
in 1916 also $55,000,000; in 1915, $71,030,000, and
in 1914, $65,000,000. Philadelphia placed $12,500,000, but this compared with $20,019,903 in 1917
and $15,000,000 in 1916. The Philadelphia school
district, with independent borrowing Tunctions, put
out no bonds whatever. Chicago, with its park and
sanitary districts, placed $5,560,000, which was
somewhat less than usual. Boston placed only
$2,106,200 against $4,215,500 in 1917; $5,406,450 Full Cal. Year. 1918.
1
1914.
1916.
1915.
1917.
in 1916 and $7,377,100 in 1915. The State of Massa$
$
Perm.rns(U.S.) 296,520,458451,278,762 457.140.955i 498.557,993 474.074,395
chusetts borrowed to the extent of only $1,945,000 *Tem por. loans
438,420,581 395,326,999 300,795,6291 249,251.883 384.809,542
(U S.)
loans
against $5,024,100 in 1917 and $3,912,500 in 1916. Canadian
(permanent) 721,037,066701,286,567 258,515.696 281.322,206 177,858.880
U. S.
Baltimore did not borrow at all against $1,494,000 Bonds
possessions_
2,955.000
800,000 2,715,000
2,018.500
6,450.000
b'ds
fund
Gen.
1917,
$2,303,400 in 1916 and $8,800,000 in 1915. (N. Y. C.).
in
27,000,000 25,000,000
23,000,000
23,500,000
23.500.000
fund b'ds
And instances like these might be multiplied manyfold. Gen.
(Baltimore).
None
300,000
300.000
300.000
300.000
To complete our analysis of the bond disposals of Total all l'ns
1918 we furnish below a comparison of the new bond (12 months) 1.483,828.1051,575,907,328 1.046.702.280 1.054.450.562 1.083.295.817
Includes temporary securities (revenue bonds and corporate stock notes) Issued
issues according to the purposes for which they were by•New
York City. $366 377,464 in 1918, $30l,851,400 in 1917. $229,409,452 in
1916, 8151.658,878 in 1915 and $300,922,414 in 1914
used or created:
It will be noted that in 1918 the amount of tem1918. PCo.d
1917.
PCof
1916.
PCof
1915.
PCot porary loans negotiated greatly increased over the
Total
$
$
Total
Total
At
$
Total
total for 1917. As a matter of fact, however, pracGrand total 296,520,458 100.1 451,278,762 100.0457,140,955
100.0
Refunding - 9,889,381 3.27 15,405,169 3.40 23,405,924 100.0,498,557,993
5.13: 32,124,263 8.44 tically the entire difference is due to the increased
Net add'n-- 286,831,07796.73435,873,593 96.60433,735,031 94.87466,433,730
93.56 temporary borrowing of New York City, which in
-39,053,632!13.62
Water
1918 placed $393,377,463 98 of temporary loans,
28,416,7970.30
38,513,971
8.42
44,352472
8.90
Rs. roads,
bridges,,ke 63,706,22022.22 131,494,215
against
$303,851,400 in 1917.
29.16 142,484,901 31.16
Sewers ---- 34,469,646 12.02 32,681,155 7.24 23402,458 6.14 136,069,57527.29
31,405,324 6.30
A
full-p
age tabular presentation of the sales of a
Schoo1s_
40,371,595 14.07 80,242,168 13.35 70,261,177
15.37 80,199,400 16.09
Buildings.. 11,810,898 4.04 25,924,597 5.74
permanent
27,792,048
character within the limits of the United
6.08
32.925,818
6.80
2,414,900 .84 10,587,415 2.35 8,805,810
Parks
1.92
Light A gas 3,817,871 1.33 6,694,097 1.48 3,091,865 0.67 9,951,572 2.00 States for the late year appears on the following page.
8,417,538 1.69
Funding &
improve't 24,789,147 8.64 22,288,209 4.94
In giving this compilation, we are continuing a
Miscellan's. 68,597,36823.22 117,544,94026.04 18,411,620 4.02 24,979,098 5.01
100,991,181 22.00 98,133,035 19.68 practice begun by
us with the bond transacions of
Tntnt ...,.. 286,831.077 09.73419 971 WO on
no.181.735 011 04 974AR 430.7RA02 AR 1901.
[ V °L. 108.
STATE AND CITY SECTION.
R YEAR 1918.
ANALYSIS OF MUNICIPAL BOND SALES FOR CALENDA
KATZ.) C/IF AA'I ZiAZZI".
States and
Geographical
Divisions.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New Jersey
Pennsylvania
State
Bonds.
Grand
Total.
3
581,500
919,000
81,000
7,333,320
1,050,000
4,635,000
16,492,660
11,721,752
19,603,800
School
District
Bonds.
$
$
$
500,000
500,000
30,000
2,945,000
826,000
3,637,800
1,906,000
1,108,000
5,556,345
1,632,000
726,900
4,474,133
600,000
2,500,000
Sou. Atlantic Div- 19,867.178
3,162,000
60.000
296,000
1,945,000
Nor. Atlantic Div- 62,418,032
Delaware
Maryland
Virginia
West Virginia
North Caro1ina_ _ __
South Carolina__.
Georgia
Florida
County
Bonds.
City, Town
de Village
Bonds.
$
81,500
389,000
21,000
5,092.320
1,050,000
4,400,000
14,785,215
9,367,352
15,066,800
1,212,195
2,041,000
894,000
235,000
495,250
313,400
3,643,000
4,473,195
4,746,650 50,253,187
62,000
226,000
23,800
20,000
15,000
1,681,850
455,000
188,000
2,440,316
*
3 and 354
Per Cent.
9,000
30,000
187,000
164,000
30,500
37,000
333,517
4
Per Cent.
2,478,000
Montana
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Idaho
Washington
Oregon
California
h.
Western Division__
t
Grand Total
Per cent
390,115
1,105,000
1,856,000
906,000
3,648,495
1,146,500
501,900
1,700,300
791,017 10,864,195
112,000
25,000
454,540
3,710,000
6,380,000
8,000
626,027
500,000
100,000
500,000
2,815,428
350,000
450,000
500,000
8,710,954
296,520,458 38,687,000 61,547,532 25,201,128 171,084,798
57.69%
8.53%
20.73%
13.05%
100%
2,478,000 18,681,829
States and
Geographical
Divisions.
Total
Bonds.
5
s
$
66,500
30,000
81,000
515,000
889,000
Water.
$
3,279,426
931,800
245,000
164,000
2,257,000
1,160,000
223,500
1,413,000
1,232,000
08,000
2,970,345
266,000
228,400
2,959,133
134,000
95,000
267,000
4,000
60,000
102,000
6,394,000
7,753,878
662,000
1,250,309 15,973,827
2,671,905 1,687,340
993,500
2,050,000
3,845,500 2,330,621
400,000 1,860,713
200,000 3,022,423
190,000 3,012,163
75,000 1,822,000
216,000
3,603,000
1,132,269
430,000 1,600,616
7,435,802
278,559
234,450
365,307
926,805
4,717,000
3,113,531
2,374.855
1,836,250
267,000
1,512,469
3,300
2,450,855
13,700
55,000
1,231,382
241,000
955,000
1,104,047
949,000
803,500
7,362,000
100,000
454,607
202,000
215,000
4,945,300
11,202,714 37,254,472 23,005,328 15,720,091
45,000
309,000
50,000 -1,225,000
90,000
2,101,635 1,402,126
65,000
831,500
1,191,000
401,000
29,500 2,523,200
3,000,000
50,000
60,000
7,201,000
100,000 9,822,405 3,050,470 1,695,500
.
2,033,000 2,444,605 1,099,000
2,182,500 6,267,500 4,511,000
3,000,000
.84%
8.31%
1,781,127 60,636,905
4,776,428
9,206,088
826,000
3,637,800
1,774,000
657,000
5,040,345
1,632,000
726,900
4,322,133
875,000
810,000
10,000
1,248,000
1,065,000
7,500
20,000
226,000
6,300
65,000
130,000
2,201,345
427,500
161,000
2,594,500
19,867,178
1,251,000 18,616,178
4,035,500
5,811,645
535,200
1,256,500
319,500
27,135,793
5,106,044
7,042,950
14,152,810
3,528,518
9,520,450
7,419,741
5,320,855
4,621,847
11,232,000
2,744,738
2,488,523
745,499 26,390,294 3,725,8110
8,000
205,500 4,900,544
277,000
60,000 6,982,950
30,500 14,122,310 1,345,661
36,000
3,526,518
273,000
2,112,100 7,408,350
800,000 6,619,741 • 195,000
124,000
5,320,855
120,000
109,300 4,512,547
207,000
11,232,000
113,500
27,000 2,717,738
351,940
147,500 2,341,023
7,907,360
2,655,915
3,424,000
2,080,673
974,904
409,494
427,526
1,290,000
169,500
2,407,071
285,509
2,223,000
1,074,976
486,100
2,467,829
355,970
2,659,000
244,498
355,000
462,673
472,276
5,430,396
1,317,570
431,950
4,585,000
908,500
1,161,500
2,720,500
128,700
571,700
210,000
762,675
937,589
2,468,800
315,000
34,000
956,000
136,000
90,000
235,000
90,000
88,400
Sou. Atlantic Div
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
North Central Div- 100,312,289
Kentucky
Tennessee
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Arkansas
152,000
4,237,309 96,074,870
170,000 1,549,000
1,719,000
19,000 3,574,761
3,593,761
755,000 1,332,500
2,087,500
123,500 5,830,200
5,953,700
7,311,000
7,311,000
801,000 15,473,375
16,274,375
5,576,605
5,576,605,
12,961,000
\
12,961,000
South Central Div_ 55,476,941
Montana
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Idaho
Washington
Oregon
California
132,000
451,000
516,000
4,042,449
1,045,456
14,382,000
871,000
896,400
3,707,500
500,000
2,057,678
6,5.37,985
6,773,204
17,632,366
1,868,500 53,608,441
40,000
45,000
350,000
36,700
79,655
4,002,449
1,045,456
14,337,000
871,000
896,400
3,357,600
500,000
2,020,978
8,537,985
6,693,549
17,632,386
193,427
2,034,400
985,155
4,117,938
45,000
20,000
30,000
250,000
274,000
549,000
126,457
560,000
ISSUED FOR THE FOLLOWING PURPOSES.
MiscelParks and Elec. Light Funding &
Streets and Sewers and Schools and General
laneous.
Impts.
Drainage. School Bidas Buildings. Museums. and Gas.
Bridges.
$
$
S
3
a
$
$
$
500,000
15,000
500,000
300,000
54,000
239,500 2,200,300
50,000
73,700
716,800
352,500
2,129,145 1,120,200
1,000,000
50,000
20,000
1,450,000
475,000
420,000
1,145,000
1,125,000
389,292 4,974,006
37,000
106,500
2,697.651 1,499,732 2,911,552 1,067,847
208,000
1,103,000
55,000
155,000
547,300
2,681,292 2,324,800 2,062,860
15,000 3,227,000 7,426,500
708,000
475,000 6,733,000
519,000
Nor. Atlantic Div- 62,418,032
826,000
3,637,800
1,906,000
1,108,000
5,556,345
1,632,000
726,900
4,474,133
439,000
62,000
45,000
75,000
40,000
392,500
22,192,000 8,284,420 2,292,561 2,448,057
4,414,500 68,709,767 98,401,254 73,769,034 30,066,074
10.14%
24.88%
30.18%
23.17%
1.48%
2,001,703
2,009,500
279,050
Delaware
Maryland
Virginia
West Virginia
North Carolina
South Carolina..
Georgia
Florida
593,600
1,000,000
6,322,000
7,333,320
1,050,000
4,635,000
807,377 15,685,283
575,000 11,146,752
221,250 19,382,550
35,000
7,956,500
3,009,849
973,456
377,000
776,000
826,400
2,565,000
500,000
1,190,251
3,954,585
3,221,502
5,532,428
13,970,000
• 581,500
Maine
919,000
New Hampshire__ 81,000
Vermont
7,333,320
Massachusetts
1,050,000
Rhode Island
4,635,000
Connecticut
16,492,660
New York
11,721,752
New Jersey
19,603,800
Pennsylvania
451,175
150,000 25,786,040 17,884,401
500,000
1,440.000
1,100,000
•
Leaving
Of Which
Net
for
Refunding. Additions.
2,138,866
826,000
2,706,300
245,000
751,000
400,000
2,595,000
9,655,000
1,414,500 30,219,753 20,682,322
10,000
45,000
2,680,949 37,399,135
58,446,038
1,509,926
069,000
295,000
700,000
1,322,000
21,000
3,452,526
1,440,000
6,565,000
847,866
1,091,000
100,000
700,000
347,427 1,160,251
314,150 4,901,835
12,500 5,299,704
908,751 .6,708,089
550,000
$
505,500
13,069,664
364,400
562,621
936,456
109,000
100,000 14,282,000
830,000
141,000
401,400
145,000
42,500 2,715,000
$
100,000
100,000
1,766,097
2,180,405 22,733,421
s
24,000
30,000
1,203,305
1,050,000
2,200,000
6,267,815
8,337,452
1,569,750
62,000
5,400,866 16,416,054
1,202,850 1,233,056
451,950 6,336,000
715,000 9,018,810
148,500 2,619,405
1,287,527 4,919,600
3,020,500 2,052,702
78,700 3,977,155
567,378
610,950
367,000
210,000
737,675 1,926,063
937,589 1,401,637
Unknown
and
Unusual.
1,635,000
4,834,438
1,324,300
250,000 16,552,500
50,000
6.318,873
2.670,138
255,000
919,000
758,613
3,313,323
2,346,539
1,265,000
3,443,519
230,000
81,000
149,297
Higher
Than
5 Per Cent.
4,927,015
•
5,049,966
9,000,000 21,563,115
4,042,449
1,045,456
14,382,000
871,000
896,400
3,707.500
500,000
2,057,678
6,537,985
6,773,204
17,632,366
200,000
800,000
164,500
2,205,165
5
Per Cent.
$
57,500
889,000
81,000
397,500
836,550
2,478,000
454
Per Cent.
3
$
500,000
$
7,135,793
Ohio
Indiana ---------- -5,106.044
7,042,950
Illinois
3,500,000
14,152,810
Michigan
3,526,518
Wisconsin
9,520,450
Minnesota
7,419,741
Iowa
5,320,855
Missouri
4,621,847
North Dakota
11,232,000 10,425,000
South Dakota
2,744,738
Nebraska
2,488,523
Kansas
49,834,860
North Central Div- 100,312,269 13,925,000 21,750,302 14,802,107
1,459,000
260,000
1,719,000
Kentucky
3,043,761
550,000
3,593,761
Tennessee
1,564,500
523,000
2,087,500
Alabama
157,500 1,219,000
5,953,700 3,000,000 1,577,200
Mississippi
80,000
205,000
1,026,000
6,000,000
7.311,000
Louisiana
982,905 5,933,970
9,357,500
16,274,375
Texas
625,000 3,867,690
1,083,915
5,576,605
Oklahoma
210,000 5,565,500
7,185,500
12,961,000
Arkansas
South Central Div_ 55,476,941
41i
Per Cent.
6,564,732 12,779,912
3,564,947
9,000
180,000
187,000
454,000
30,500
107,000
289,000
35,000
30,000
15,000
68,000
141,500
30,000
25,000
15,000
34,000
111,400
349,800
335,200
157,000
75,000
22,500
22,500
47,000
676,517
122,000
7,000
114,000
324,816
30,000
150,000
2,638,517
3,839,316
815,000
25,000
560,000
578,400
88,800
7,000
126,000
207,000
330,000
15,000
47,000
22,500
35,000
168,271
78,000
551,367
151,000
26,000
449,000
370,000
277,027
2,218,745
2,506,300
53,750
15,000
15,000
278,000
85,000
102,500
6,776,901 20,457.092 13,494,902 19,166,080
700,000
35,000
109,000
620,000
487,000
874,500
839,261
65,000
240,000
612,500
233,000
274,000
475,000
126,000 1,273,500
205,000
686,000
25,000
2,577,905
979,000
1,263,500 8,547,000
625,000
354,000
855,500
1,948,500
210,000
50,000 2,903,500 6,697,500
4,422,500
1,865,500
630,000
437,500
40,000
50,000
120,000
30,500
140,500
170,000
82,000
686,000
4,266,000 15,826,261
9,655,000
5,143,005
1,875,500
89,500
409.500
14,150,000
270,000
7,500
65,000
810,428
264,203
828,621
94,000
100,000
141,000
145,000
42,500
40,000
6,500
16,000
350,000
500,000
37,000
216,500
71,000
210,000
280,000
1,700,000
503,000
300,803
131,000
3,272,500
1,015,800
1,825,006
1,673,683
5,966,014
17,100
650,239
370,473
658,500
347,437
314,150
12,500
1,702,971
3,505,000
130,014
2,398,500
367,000
982,155
19,450 3,276,499
10,425,000
90,000
10.000
109,000
273,117
4,345,700 23,843,218
3,000
600,000
88,000
169,000
3,198,000
25,000
175.470
313,605
2,960,000
483,700
6,370,000
1,220,000
782,000
100,000
184,000
6,929,075
9,558,700
57,900
1,464,000
54,753
675,000
13,000
250,000
13,900
100,000
17,000
170,000
20,000
1,058,751
600,000
2,517,500
154,000
205,000
500,000
300,000
910,000
30,000
9,500
998,619
119,101
7,423,792 15,828,806
1,050,000
1,500,000
3,500
10,700
66,000
500,000
64,651
17,687
917,393
419,673
56,000
1,760,100
3,550,000
13,180,228
14,200 1,623,900 3,452,057 13,527.328
2,025,198 1,428,251
551,355 57,894,683 19,198,803 12,405,134 4,219,812
58,448,038
Western Division
3,817,871 24,789,147 66,597,368
2.414,900
11,610,698
40,371,595
34,469,648
296,520,458 9,689,381 286,831,077 39,053,632 63,706,220
Grand Total
23.22%
8.64%
1.33%
.84%
t
'.
4.04%
14.07%
12.02%
22.22e;
13.62%
96.73%
„
3.27c,
„
,
100
Per cent
its sinking fund at par. The remain.
by
purchased
and
York
Now
of
City
the
by
3s
as
out
put
Of the total of $2,478,000 issued as 38 and 33413, 52,470,000 were
81,509,926
lng $2,000 were sold as 334s by Scotia, N. Y.
of odd rates. For instance, New York's total of $7,175,000
Unusual," the total of $30,066,074 is made up entirely
NOTE.-In the column headed "Unknown andsuch
South Dakota's total of $7,362,000 consists of
as 4.65%, 4.70%, 4.75%, 4.79%, 4.90% and 4.95%. by
-Louisiana Highway District, the interest
Arkansas
includes municipal issues floated at rates of interesttotal of
the
issued
was
$2,500,000
Arkansas,
against
$4,511,000
issued by the State as 45js for rural credits. Of the
of various purposes and which we are unable to
rate on which we were never able to ascertain.
in the second table, amounting to $66,597,368, is made up$3,500,000. South Dakota issued $10,450,000
The column called "Miscellaneous" (as to purpose of issue)
Maine, $500,000; New Hampshire. $500,000, and Michigan,
follows:
as
bonds
$2,398,000 for Minnesota. $2,000,000 was ,
of
total
classify. For war purposes States issued
the
Of
canals.
of
improvement
the
for
56,000,000
issue of
or rural credits. The State of Louisiana put out an
by municipalities for such purposes as deficiency, tax-relief,
New York State's total is made up mostly of bonds issued
for harbor improvements. Out of Ore$768,500
issued for "tax-relief" by the City of St. Paul.
and
purposes
was issued by towns for irrigation
for port improvements.
voting-machines-purchase and defense bonds. In California, $785,000
$1,000,000 for elevator bonds, while various districts sold $1,052,000
gon's total of $3,556,000 the city of Portland must be credited with
•
JUNE, 1919.]
UNITED STATES DEBT.
7
United States Debt and the Congressional Acts Authorizing It
In the following detailed statement of the debt of the United States,
we give references to the laws authorizing each
of the issues of bonds outstanding to-day. In 1917 the
entered upon an entirely new era in its debt history.
In the prosecution of the war against the Imperial German country
Government, new obligations hays been issued on a scale of unparalleled magnitude. By the Act of April 4 1917 authorit
y was conferred upon the Secretary of the Treasury to issue
$5,000,000,000 long-term bonds at not to exceed
3Y2% interest ($3,000,000,000 of this being for the purpose of establishing
credits in the United States for the foreign Governm
ents enlisted in the war against Germany), and $2,000,000,000 certificates of indebtedness, the latter running for periods
not exceeding one year. By the further Act of Sept. 24 1917,
authority was conferred to issue $7,538,945,460 converti
ble 4% bonds to retire the $3,000,000,000 non-taxable3M%
issue authorized to cover loans to the Allies, and to provide
new Allied credits of $4,000,000,000, the remaining $538,945,460 to be used for converting certain outstanding bonds,for
g the Danish West Indies, Alaskan Railway, Panama
Canal and naval construction issues. The bill also provided includin
for the issuance of $2,000,000,000 each of one-year Treasury
certificates of indebtness and five-year war savings certificates.
The interest rate on the certificates the Secretary of the
Treasury was left to fix. By the further Act of April 4 1918, amendin
g the Act of Sept. 24 1917, authority was conferred
to issue $12,000,000,000 of bonds at not exceeding 44%
, the 12 billion dollars, however, to include the bonds
issued under the Second Liberty Loan, and $3,638,945,460interest
in lieu of corresponding amounts of unissued bonds
thorized by previous Acts. Under the same Act the limit being
upon the amount of certificates of indebtedness that mayauoutstanding at any one time was raised from $4,000,000,000 to
be
$8,000,000,000. By the further Act of July 9 1918, amending previous Liberty bond enactments, the limit of issue was raised
$20,000
to
,000,00
0
at
not
exceedi
ng 44%;but including
bonds theretofore issued and increasing from $5,500,000,000 to $7,000,
000,000 the additional loans or credits that may be
extended to the'Allies, making $10,000,000,000 altogether that
may
be
loaned
to
the
Allies.
By
the
further Act of March 3
1919 (Victory Liberty Loan Act) amending previous Liberty Loan Acts
and the War Finance Corporation Act, the Secretary of the Treasury was authorized to borrow an aggregate not
exceedin
g
$7,000,
000,000
at
such
rate
or rates of interest
as he might prescribe, issuing therefor notes payable in not less than
one year nor more than five years. By the Liberty
Bond Exemption Bill of Sept. 24 1918, the total of War Savings Certific
ates
that
might
be
issued
was
raised
from $2,000,000,000 to $4,000,000,000.
In June 1917 $2,000,000,000 of 3
bonds were offered under the Act of April 24 1917. The subscrip
tions
amounted
to $3,036,226,850, but only $2,000,000,000 was accepted. In
1917 an offering of $3,000,000,000 4s under the Act of
Sept. 24 1917 was made. Subscriptions reached an aggregateOctober
32,300. In accordance with previous announce• ment, one-half of the over-subscription was accepted, making of $4,617,5
the total of bonds put out under this offer $3,808,766,150.
In April 1918 $3,000,000,000 of 43.% non-convertible bonds (Third
Liberty Loan) were offered under the Act of April 4
1918. The subscriptions amounted to $4,176,516,850,
of which were accepted. In Sept.-Oct. 1918 $6,000,000,000 of
44% non-convertible bonds (Fourth Liberty Loan) wereall
offered
under the Act of July 9 1918. The subscriptions amounted
to 16,989,047,000, all of which were accepted. In April-May 1919,
$4,500,000,000 of convertible gold notes were issued
in two series, the one tbearing interest at 334%, the other
at 44%. The subscriptions amounted to $5,249,908,300, but
only 84,500,000,000 was accepted.
The Act authorizing the First Liberty Loan was
in the "Chronicle" of April 28, page 1649,with further particulars
in the issue of May 12 1917, page 1849, and the textgiven
of the Treasury circular in the issue of May 19, page 1959; and of the
Second Loan the full text of the bill as it became a law
in
the "Chronicle" of Sept. 29 1917, page 1252, and the text of the
Treasury circular in the issue of Oct. 6, page 1355.
The Act authorizing the Third Liberty Loan was presented in
"Chronicle" of April 6 1918, page 1404, and the
the
of the Treasury circular in the issue of April 13, page 1517. The
Act authorizing the Fourth Liberty Loan appearedtext
in
the
"Chroni
cle' of July 13 1918, page 131, the' Treasury circular in
the issue of Oct. 5, page 1328, and the text of the Liberty
Bond Exemption Bill on Oct. 5, page 1327. The Act authorizing
the Fifth (Victory)Liberty Loan was given in the' Chronic
cular in the issue of April 26 1919, page 1670. Certificates le" of March 8 1919,page 919,and the text of the Treasury Cirof indebtedness have been issued from time to time under the
Act of April 24 1917 and the amendatory Acts of Sept.
24 1917, April 4 1918 and July 9 1918,always for short periods.
In the following we present a full detailed statement
of the debt of the United States as reported by the Treasurer at
the close of business on January 31 1919, this being the very
latest monthly return issued at the time of going to press.
INTEREST,-BEARIN
G DEBT OUTSTANDING JANUARY 31 1919.
Title of Loan.
Consols of 1930
Loan of 1925
Panama Canal Loan:
_ Series 1906
It
i Series 1908
_
Authorizing Act.
Rate.
Wizen Redeemable or
Payable.
Interest
Payable.
Amount
Issued.
Outstanding.
Registered.
Coupon..
Total.
_S
$
$
8
2% Payable after April 1 1930__ Quar., Jan
646,250,150 597,914,100
1,809,950
599,724,050
4% Payable after Feb. 1 1925__ Quar.,Feb.
162,315,400 104,147,250
14,342,650
118,489,900
June 28 1902 and Dec. 21 1905..__ 2%
Redeemable after Aug. 1 Quar.,Feb.
54,631,980
48,945,080
9,100
48,954,180
1916; payable Aug. 1 1936
June 28 1902 and Dee. 21 1905_ 2%
Redeemable after Nov. 1 Quar.,Feb.
30,000,000
25,830,520
116,880
25,947,400
1918;
payable
Nov.
1
1938
- Series 1911
Aug.5,09,Feb.4'i0 & Mar.2'11 3%
Payable June 1 1961
Quar.,Mar.
Conversion bonds
50,000,000
Dec. 23 1913
43,347,500
6,652,500
50,000,000
3% Pay. 30 yrs. from date of iss. Quar., Jan.
Certificates of indebtedness Sept. 24 1917 and April
28,894,500
6,676,000
22,218,500
28,894,500
4 1918._ Var. Various, not exceeding 1 year At matur'y 4,636,903,
300
4,532,259,300 4,532,259,300
from
date of issue.
Certificates of indebtedness Sept.24'17, Apr.4'18,
or earlier
Apr.23'18 2% One year from date of issue__ Jan., July
First Liberty Loan
123,008,000 123,008,000
April 24 1917
123,008,000
3% Red. on or after June 15 June, Dec. 1,989,455,500 263,755,400 1,149,808,
700 1,413,564,100
1932; pay. June 15 1947
First Liberty Loan Cony__ April 24 1917
4%
Red.
on
or
after
June
151932;
June,
Dec.
568,318,45
0
22,435,450 168,098,350
1
190,533,800
payable June 15 1947.
First Liberty Loan Cony__ April 24 1917
44% Red.on or after June 15 1932: June, Dec.
384,701,600
79,217,300 305,484,300
384,701,600
payable
June
15
1947.
Second Liberty Loan
Sept. 24 1917
4% Red.on or after Nov.151927; May, Nov. 3,807,863,500
92,822,950 727,759,700
820,582,650
payable Nov. 151942.
Second Liberty Loan Cony. Sept.-24 1917
4X% Red.on or after Nov.15 1927; May, Nov. 2,924,230,850 417,912,300
2,374,023,
550
2,791,935,
850
payable Nov. 15 1942.
Third Liberty Loan
Sept. 24'17 as amended Apr.4'18
4(% Payable Sept. 15 1928
Mar.,Sept. 4,172,122,500
Fourth Liberty Loan
Sept. 24'17 as amended & suppl'd
4X% Red. on and aft. Oct.15'33; April, Oct. a6,780,329,491 485,325,000 3,570,862,000 4,056,187,000
6,745,429,491
payable Oct. 15 1938.
Postal Savings bonds (1st
to 16th series)
June 25 1910
*1931-38
2%
War,Savings & Thrift Stps. Sept. 24 1917
July
11,349,960
10,641,040
• 708,920
11,349,960
b4% Payable Jan. 1 1923
Jan.,
bAt mat'y. c1,053,202,424
1,012,839,686 1,012,839,686
Aggregate of interest-bearing debt
27.423.877.605
22.954.401.467
Dig la This am Ault represents receipts of the
Treasurer of the United States on account of principal of bonds of the Fourth
b The average issue Price of War Swings Stamps
for tho years 1918 and 1919 with interest at 4% per annum compoundedLiberty Loan to Jan. 31.
turity will amount to $5 on Jan. 1 1923
quarterly for the average period to mac This amount represents receipts ofand Jan. 1 1924, respectively. Thrift Stamps do not bear interest.
•Payable at dates mentioned. For the Treasurer or the United States on account of promo Is of sales of War Savings Certificate Stamps and U.S. Thrift Stamps.
dates of redemption see below under "Postal Savings Bonds."
March 14 1900
Jan. 14 1875
The Government debt on Jan. 31 1919
made up of (1) interest-bearing debt, $22,954,401,467 64, of (2) debt on
which interest has ceased, $41,746,830 26, ofwas
(3) debt bearing no interest, $242,626,887 69, making total gross debt
238,775,185 59; subtracting from the
$23,total the net cash balance in the Treasury ($1,159,690,938 41)at the
.same date (Jan. 31
1919), the net debt at that time is seen to have been
$22,079,084,247 18. This was of course before the floating of the
$4,500,000,000 Victory Liberty Loan notes.
•
We now add,first, references to and citations from
the laws which are the authority for the debt as it stands to-day;
second, the tables on page 9, which,exhibit all the particul
ars of the total debt of the United States on June 30 of each year
from 1878 to 1918 and on Jan. 31 1919:
CERTIFICATES OF INDEBT
EDNESS UNDER ACT OF SEPT. 21 1917, APRIL 4 1918 AND APRIL
Actlof Sept. 21 1917 provides
23 1918.—(Column 7.)—See. 6 of the
for the issuance of certificates of
indebtedness at not less than par and at such rates of interest
Treasury may prescribe for the purposes
as the Secretary
the
not exceeding one year from the date of of the Act and to meet public expenditures authorized by law, each certificate so issued payable at suchoftime
its issue, and redeemable before maturity upon such terms and conditions
payable at such time or times as the
, and the interest accruing thereon
Secretary
of
the
Treasury
may
prescribe.
The
exceed in the aggregate $1,000,00
of such certificates outstanding was not at any one time to
0,000, but this was increased under the Act of Aprilsum
Secretary has issued varying amounts
4 1918 to $8,000,000,000. Under the authority thus granted the
of these certificates from time to time, through the
est being at first fixed at 4%,then raised
Federal
banks, all for short periods, the rate of interto 434% and finally to 45 %. There were outstanding Jan.Reserve
31 1919 $4,655,267,300 at various rates of interest.
LOANS TO BE REPLACED BY
LIBERT
Y
LOAN.—U
nder
the Act of April 24 1917, authorizing the First Liberty Loan bonds,and again under
.the Act of Sept. 24 1917, authorizing the
Treasury is authorized to issue Liberty Second Liberty Loan, as well as under the Third Liberty Loan, all referred to below, the Secretary of
the
Loan bonds to replace, at his discretion, bonds not already emitted
Section 39, Panama Canal Loan (Column
under the following: Act of Aug. 5 1909,
9),
referred
to above; Act of June 3 1916, Section 124, an Act for making further and more
for the national defense and other purposes, and providing
effectual provision
for the expenditure of not more than $20,000,000 for a Governme
plant; Act of Sept. 7, 1916. Section 13.
nt nitrate manufacturing
an Act to establish a United States Shipping Board for the purpose of
naval auxiliary and a naval reserve and a
ng, developing and creating a
mArchant marine to meet the requirements of the commerce of the encouragi
possessions, and with foreign countries,
United States with its territories and
to regulate carriers by water engaged in the foreign and inter-Stat
other purposes; Act of March 3 1917, Section
e commerce of the United States, and for
400. "An Act to provide increased revenue to defray the expenses
Army and Navy, and the extension of
of the increased appropriations for the
fortifications, and for other purposes" (see certificates of Indebtedn
ess above), and the Public Resolution of
8
UNITED. STATES DEBT.
[VOL. 108.
equipment and munitions:and/to secure:morelexpeditious construction of
March 4 1917. entitled:"Joint resolution to expedite tue delivery of materials,
ships."
an issue of bonds
by Act of April 24 1917, entitled "An Act to authorize
LIBERTY LOAN OF 1917, FIRST.—(Column 1.) Authorized
to extend credit to
and for the purpose of assisting in the prosecution of the war,of
to meet expenditures for the national security and defense,Act
the President, up
approval
the
with
borrow,
to
the Secretary was empowered
the
to meet expenforeign governments, and for other purposes.- Under
4 of the Act (see Loans to be Replaced by Liberty Loan above)
of the United
bonds
to $5.000,000,000, exclusive of the sums authorized by Section
therefor
issue
to
and
law
by
authorized
purposes
other public
both as to
ditures authorized for the national security and defense and
exempt
and
value,
of
standard
in United States gold coin of the present
States. The bonds out bear 334% interest and are payable
United States or its possessions or by
the
of
authority
by
imposed
taxes,
inheritance
or
estate
except
for the
Act
principal and interest, from all taxation,
the
of
2
Section
by
made
was
Provision
privilege.
the circulation
any State or local taxing authority. The bonds do not bear
as might be necesaary being
of foreign governments, $3,000,000,000, or so much thereofmaturity
by foreign governestablishing of credits to and the purchasing of obligations
before
or
on
States
United
the
to
payments
that
provided
appropriated for the purpose. Under Section 3 it was2 must be applied to the redemption or purchase at not more than par and accrued interest
ments for obligations incurred by them under Section
the Secretary of the
of the Act; and if such bonds are not available for this purpose
of any bonds of the United States issued under authority interest-bear
ing obligations of the United States which may at such time be subject to
Treasury shall redeem or purchase any other outstanding
accrued interest.
call or which may be purchased at not more than par and
a higher rate of inunder authority of the Act may be convertible into bonds bearing
Section 5 provides that any series of bonds issued
of interest before the terif any subsequent series of bonds shall be issued at a higher rate be
terest than the rate at which the same were issued
by a proclamation
fixed
to
Government, the date of such termination
mination of the war between the United States and the Imperial German
Dec. 15 were
of the President of the United States.
and
15
June
y
semi-annuall
payable
interest
years and bearing 33.
Under the Act $2.000,000,000 gold bonds, running 15-30
$500. $1.000. $5,000
being $50, $100, $500 and $1,000, and registered bonds $100,
50. In scaling
offered for subscription, denominations of coupon bonds
$3.036,226,8
and
aggregated
subscribers
individual
4.000.000
over
from
Subscriptions were received
$10,000, $50,000 and $100,000. offered,
on larger amounts the allotall subscriptions up to and including $10,000 were awarded in full, but 00
Jan. 31
down the allotments to the total
was $1,989,447,294 62. but only $1,413,564,1 remained0outstanding
ments ranged from 60% down to 20.17%. The total of bonds0 Issued
as converted 44s.
$384,701,60
and
4s
Convertible
Loan
Liberty
First
as
, with full tax exemption; in addition, $190,533,80 appear
1919 as 330
'Issue or
zed by Act of Sept. 24 1917. entitled "An Act to authorize an additiona
LIBERTY LOAN OF 1917, SECOND.—(Column 2.)—Authori
extend additional
defense, and for the purpose of assisting in the prosecution of the war, to
bonds to meet expenditures for the national security and'
credit to foreign governments, and for other purposes. of April 24 1917, but authorizes the issuance of not exceeding $7.538,945,460 bonds, bearing
The Act in its general outlines is similar to that
Provided, That of this
bonds issued under authority of the Act of April 24 1917.approved
April 24 1917,
not exceeding 4% interest. In addition to the $2,000,000,000
bonds authorized by Sections 1 and 4 of the Act
sum $3,063,945,460 shall be in lieu of that amount of the unissued
5 1909, $150,000,000
Aug.
approved
Act,
the
of
39
by
Section
authorized
bonds
unissued
the unissued
of
lieu
$225.000,000 shall be in lieu of that amount of the
in
be
shall
0
$100,000,00
and
approved March 4 1917.
shall be in lieu of the unissued bonds authorized by the joint resolution
3 1917.
00, and
bonds authorized by Section 400 of the Act, approved March
$4,000,000,0
of
the
sum
of
,
appropriated
otherwise
not
Treasury
the
in
Section 2 provides for the appropriation out of any money
by Section 2 (the section that authorizes loans to the Allies) of the
in addition thereto the unexpended balance of the appropriations made
conditions.
same
the
7 it is
Act approved April 24 1917 and under
hereafter bearing a higher rate of interest. Under Section
Section 4 provides for the convertibility of the bonds into any issue
interest from all taxation
privilege. The bonds are exempt, both as to principal and
provided that none of the bonds shall bear the circulation
taxing authority.
local
any
by
or
States,
United
of
the
possessions
the
of
any
or
State,
and war
now or hereafter imposed by the United States, any
income taxes, commonly known as surtaxes, and excess profits
or corporaexcept (a) estate or inheritance taxes, and (b) graduated additional
the income or profits of individuals, partnerships, associations,
owned by any
profits taxes, now or hereafter imposed by the United States, upon
$5,000,
aggregate
the
in
exceed
not
does
which
of
principal
the
tions. The interest on an amount of such bonds and certificates
from the taxes provided for in subdivision (b) of this section.
individual, partnership, association, or corporation, is exemptfirst
under authority
issue of Liberty Loan Bonds,states that no bonds shall be issued
Section 11, which relates to the conversion privilege of the
.
to the $2,000,000,000 already issued or offered for subscription
4% 10-25-Year
of Sections 1 and 4 of said Act approved April 24 1917, in addition
of
more
or
00
subscription on Oct. 1 an issue of $3,000,000,0
over
Under authority of the Act, the Secretary of the Treasury offered forthe
right to allot bonds in excess of $3,000,000,000 to the extent of not than.
old bonds of the same denominations as the first Liberty Loan, reserving
00 more
$1,617,532,3
or
00,
$4,617,532,3
totaled
$3,000,000,000. Subscriptions
one-half of the sum by which the subscriptions received exceededtions,
50; all those up to $50,000 were allotted in
$3,808,766,1
was
issued
amount
the
the
oversubscrip
of
50%
of
basis
the
the minimum sought,and on
only $820,582,650 remained outstanding as 4s; in addition, $2,791,full. Total number of subscribers was approximately 9,400,000. On Jan. 31 1919
9 35,850 appear as Second Liberty Loan converted 4Xs.
privilege arose with respect to the First Liberty 3s which continued
With the issue of the Second Liberty 4s, dated Nov. 15 1917, a conversion
of interest payment of
the date of maturity, the terms of redemption, and the dates
unconuntil May 15 1918. The bonds issued upon conversion retained
Liberty 4Xs were issued on May 9 1918, the holders of theLiberty
Third
the
When
the 33,6s, but otherwise had the terms of the Second Liberty 4s.
and of Second
48
converted
Liberty
the new 45.4s and so did the holders of First
verted First Liberty 33s had the privilege of conversion into1918.
and hence the 4X % bonds issued
ble,
non-converti
are
Xs
4
Liberty
Third
The
9
Nov.
until
or
of ex45. The privilege continued for six months
the issuance of the Fourth Liberty Loan on Oct. 24 1918, a new privilege
the Victory
upon conversion of prior issues likewise are non-convertible. With
33s; this privilege remained open until April 24 1919. By Sec. 5 of
change accrued to the holders of the unconverted First Liberty
of converting the 4% bonds
privilege
the
extend
to
Treasury
the
of
Secretary
the
upon
conferred
was
Liberty Loan Act of March 3 1919, authority
Accordingly, by circular
bonds of 1927-42 of the Second Liberty Loan Into 43 % bonds.
to the holders
of 1932-47 of the First Liberty Loan converted and the 4%
15 1919, page 1021, the Secretary offered a new privilege of conversion
dated Mar. 7 1919, and published in the "Chronicle" of March
The privilege does not
notice.
public
months'
six
upon
time
any
at
terminated
be
may
but
open,
of the bonds mentioned. This privilege is now
anply to the unconverted 33s of the First Liberty Loan.
the general
April 4 1918, amending the Act of Sept. 24 1917. Following
LIBERTY LOAN OF 1918, THIRD (Column 3).—Authorized by Act of
interest, in addition
exceeding $12,000,000,000 bonds, bearing not exceeding 4 X %Liberty
and the
Loan
lines of the Act which it amends, it authorizes the issuance of not
Second
the
under
outstanding
bonds
24 1917, but including the
to the $2,000.000,000 issued under authority of the Act of April
the additional loans or credits that may be extended to the Allies from
$3,063,945,460 reserved for unissued bonds of earlier Acts. Section 2 increases
$4,000,000,000 to $5,500,000,000.
Section 1 or upon
higher rate than four per centum per annum, whether issued under
Section 3 provides that holders of bonds bearing interest at athe
bonds issued
Act approved April 24 1917. or upon conversion of four per centum
conversion of three and one half per centum bonds issued under
to this section or
or
pursuant
under
conversion
of
privilege
any
to
entitled
be
not
shall
not subject
and
upon conversion of such three and one half per centum bonds,
ble
non-converti
are
bonds
privilege. The
otherwise. Under Section 7 it is provided that none of the bonds shall bear the circulation
above under Second Liberty Loan and receivable for Federal into call for redemption before maturity, but are exempt from taxation as indicated
heritance taRbs.
on April 6 1918 $3,000,000,0004X % 10-year gold bonds with coupon
Under authority of the Act,the Secretary of the Treasury offered for subscription
right to
to the same denominations as the First Liberty Loan, reserving the
uonds for $5,000 and $10,000 and registered bonds for $50 in addition
Subscriptions totaled $4,176,516,850, or $1,176,516,850 more than the
allot additional bonds to the extent of full amount of any oversubscripion.
84,056,187,000.
31
Jan,
1919,
Outstanding
18,376,815.
was
subscribers
of
number
Total
allotted.
minimum sought, and all were
Section 1 increases
July 9 1918, amending previous Liberty Loan enactments.
SecLIBERTY LOAN OF 1918, FOURTH.—Authorized by Act ofnot
exceeding 4 X% interest that may be issued under the various Acts.
bearing
from $12,009,000,000 to $20,000,000,000 the total of bondsto
00 auth$3,000,000,0
the
to
addition
in
00,
to
$7,000,000,0
00
the Allies from $5,500,000,0
tion 2 increases the loans or credits that may be extended
Treasury, bonds, while beneficially owned
the
of
of
the
Secretary
the
approval
with
that,
3
provides
Section
Act.
Loan
be exempt
orized under the First Liberty
or association, not engaged in business in the United States, shall
by a non-resident alien individual, or by a foreign corporation, partnership
the United States, any State, or any of the possessions of
both as to principal and interest from any and all taxation now or hereafter imposed by
authority.
bonds of
the United States, or by any local taxing
for subscription on Sept. 28 $6,000,000,000 4'I% 10-year gold
Under authority of the Act, the Secretary of the Treasury offered
of any oversubscripthe right to allot additional bonds to the extent of full amount
the same denomination as those of the Third Loan, reserving
number of subscribers was
Total
allotted.
were
all
and
sought,
minimum
the
than
more
0
tion. Subscriptions totaled $6,989,047,000, or $989,047,00
circulation.
to
approximately 21,000,000. The bonds are not available for bank note
passed and signed by the President on Sept. 24 a bill designed
Supplementary to the passage of the above authorizing Act, there was
profits taxes interest on a certain amount of Liberty
stimulate sales of Liberty Bonds by exempting from the supertaxes and from war excess
individual,
bond holdings. The principal provisions of the bill are:
the principal of which does not exceed $30,000, owned by any
excess profits
(1) The interest on an amount of bonds of the Fourth Liberty Loan,
additional income taxes, commonly known as surtaxes, and
or
partnership, association, or corporation, shall be exempt from graduatedupon
associations,
,
partnerships
the income or profits of individuals,
and war-profits taxes, now or hereafter imposal by the United States,
9
May
corporations;
or
1917
15
Nov.
either
dated
converted,
Loan
Liberty
First
bonds of the
(2) The interest received after Jan. 1 1918 on an amount of the
$45,000 in the
Third Liberty Loan, the principal of which does not exceed That
no owner
1918, the Second Liberty Loan, converted and unconverted, and
however,
Provided,
taxes:
such
from
exempt
be
shall
or
corporation,
association,
aggregate, owned by any individual, partnership,
bonds exceeding one and
to the interest on an aggregate principal amount of such
of such bonds shall be .entitled to such exemption in respectLiberty
Loan originally subscribed for by such owner and still owned by him at the
one-half times the principal amount of bonds of the Fourth
date of his tax return; and
exceed $30,000, owned by any individual, partnership, association,
of the
(3) The interest on an amount of bonds, the principal of which does not
First Liberty Loan in the exercise of any privilege arising as a consequence
or corporation, issued upon conversion of 3X% bonds of thefrom
taxes.
such
respect
in
Act
issue of bonds of the Fourth Liberty Loan, shall be exempt
Bond
Liberty
Second
the
of
7
Section
provided in
The exemptions provided in this section shall be in addition to the exemption
and amendments thereto, the principal of which does not exceed
to the interest on an amount of bonds and certificates, authorized by suchinAct
the Second Liberty Bond Act.
in lieu
in the aggregate $5,000, and in addition to all other exemptions provided
by striking out the figures "$2,000,000,000," and inserting sold
to
Sec. 2. That Section 6 of the Second Liberty Bond Act is hereby amended
certificates
striking out the words "The amount of war savings
certifithereof the figures "$4,000,000,000." Such section is further amended by
savings
war
hold
to
time
one
any
at
person
one
any
for
be
lawful
one
any
any one person at any one time shall not exceed $100, and it shall not
at
person
one
any
for
lawful
the words "It shall not be
cates to an aggregate amount exceeding $1,000," and inserting in lieu thereof
amount !exceeding $1,000."
to the
time to hold war savings certificates of any one series to an aggregate
Act, as amended by the Third Liberty Bond Act, shall apply
Sec. 3. That the provisions of Section 8 of the Second Liberty Bondand
excess profits taxes.
proceeds arising from the payment of war-profits taxes as well as income
43%
interest.
bearing
47,
91
$6,745,429,4
1919,
Amount of Fourth Liberty Loan bonds now outstanding Jan. 31
and the
1919, amending previous Liberty Loan enactments
FIFTH OR VICTORY LIBERTY LOAN OF 1919.—Authorized by Act of March 3 by
(a)
adding thereto a new section [18) which provides:"(1)
War Finance Corporation Act. Under the Act the Second Liberty Bond Act is amended
follows:
as
series
or
more
in
one
(b) the notes to be issued
' for the issuing of notes to an amount not exceeding $7,000,000,000 in the aggregate;
imposed by the United States, any
hereafter
or
now
taxes)
or
inheritance
estate
(except
taxation
all
from
from all
Exempt, both as to principal and interest,
(2 & 3) Exempt, both as to principal and interest,
State, or any of the possessions of the United States, or by any local taxing authority.
taxing authority,
the possessions of the UnTted States, or 13y any local
taxation now or hereafter imposed by the United States, any State, or any of
profits and war profits taxes
excess
and
surtaxes
as
known
commonly
taxes
income
additional
except (a) estate or inheritance taxes, and (b) graduated
partnerships, associations, or corporations, except that the
now or hereafter imposed by the United States upon the income or profits of individuals,
so owned, is exempted. Or (4) Exempt, both as toorprincipal
by any
interest on an amount of such notes the principal of which does not exceed 330,000
or any of the possessions of the United States,
State,
any
and interest, from all taxation now or hereafter imposed by the United States,
profits and war profits taxes, now or hereafter imposed by the
local taxing authority, except (a) estate or inheritance taxes, and (b) all income, excess
."
or
corporations
associations
,
partnerships
individuals,
do not
United States upon the income or profits of
series of same date of issue at par. The notes00
conHolders have the option of converting their holdings of notes of any series into any other
Treasury on April 21 invited subscriptions for $4,500,000,0
bear the circulating privilege. Under authority of the Act the Secretary of theof
% to enjoy exempbearing
33(
notes
The
Loan.
Liberty
Fourth
the
those
ns
as
vertible gold notes bearing 33 % or 4X % of the same denominatio
offered,
00
$4,500000,0
the
to
be
restricted
would
announced that allotments
tion as per (1) above and 2, 3 & 4 to apply to the 43s. The Secretary
00, or $749,908,300 in excess of the
but that applications not in excess of $10,000 would be allotted in full. Subscriptions aggregated $5,249,908,3
offering. Total number of subscribers was approximately 12,000,000.
covered the following changes in the
above,
as
00 notes
The Victory Liberty Loan Act,,in addition to providing for the issuance of the $4,500,000,0
exemption and conversion privileges contained in preceding Acts:
States and the German GovernUnited
the
between
war
the
of
termination
See. 2. (a) That until the expiration of five years after the date of the
Act in respect to
exemptions provided in Section 7 of the Second Liberty Bond
ment, as fixed by proclamation of the President, in addition to the
which does not exceed in the
of
the
principal
thereto,
amendments
and
Act
such
by
authorized
certificates,
and
the interest on an amount of bonds
Bond Act,
Liberty
Second
to
supplement
the
or
Act
Bond
in the Second Liberty
aggregate $5,000, and in addition to all other exemptions provided
Loan Converted, dated Nov. 15 1917, May 9 1918 or
the interest received on and after Jan. 1 1919 on an amount of bonds of the First Liberty
n, the principaltof which
LibertyfLoa
Fourth
andrthe
Loan,
Liberty
Third
the
,
unconverted
and
Oct. 24 1918, the Second Liberty Loan, converted
JUNE. 1919
UNITED STATES DEBT.
9
does not exceed $30,000 in the aggregate,owned by any Individual, partnership, association, or corporation, shall be exempt from
graduated additional
income taxes, commonly known as surtaxes, and excess profits and war profits taxes,
now or hereafter imposed by the United States upon the income
or profits of individuals, partnerships, associations or corporations.
(b) In addition to the exemption provided in subdivision (a), and
addition to the other exemptions therein referred to. the interest received on
and after Jan. 1 1919 on an amount of the bonds therein specified the in
principal of which does not ,exceed $20,000 in the aggregate, owned by any
individual, partnership, association, or corporation, shall be exempt from the taxes therein
specified: Provided, That no owner of such bonds shall be
entitled to such exemption in respect to the interest on an aggregate principal
of such bonds exceeding three times the principal amount of
notes of the Victory Liberty Loan originally subscribed for by such owner andamount
still owned by him at the date of his tax raturn.
Note.-Reference to the statutes governing older issues of bends and of War Savings and Thrift Stamps will be found
in the issue
of the "State and City" Section for December 21 1918.
In April 1895 we gave a table showing the debt of the United States on the first day of July 1856, and every subsequent
year. On this occasion we begin our statement with 1878, as that year antedates all of the issues now outstanding. The
tatement is subjoined.
PRINCIPAL OF THE PUBLIC DEBT OF THE UNITED STATES FROM JULY 1 1878 TO FEB. 1 1919.
1
2
3
.4
5
Year: Liberty Loan, Liberty Loan, Liberty Loan,ILiberty Loan, Postal Savings
First.
Second. I
Third.
Fourth.
Bonds
Ul 4 & 4X% 4 & 4g%
45i%
23,5%
%
1907_
19081909191019111912_
1913..
19141915_
19161917---- $1,466,335,095
1918---- 1,988.791,295 $3,746,813,516 $3,228,109,638
1919b___ 1,988,799,511 3,612.518.503 4.056.187.000 6.145,429, O.
Year
1878_
1879_
1880_
1881.
1882_
1883_
11
13
12
14
War Savings& "Funded Loan "Funded Loan "Rsfunding,
Thrift Stamps. of1.891."45i% 01 1907,"
Ceraficates,'
contin. at 2%.
4%
45.
4s.
$240,000,009 $98,850,000 $40,012,750
250,000,000 723.673,790
12,848,210
250,000,000 737,930,800
1,367,003
250,000,000 738,659,000
683,803
250,000,000 738,831,300
465,050
250,000,000 737,586,303
355,1)00
250,000,000 737,661,700
290,000
250,000,000 737.719,850
210,600
250,000,000 737,759,700
207,800
250,000,000 737.800,580
175,270
222,207,050 714,177,400
138,050
139,639,000 676,095,350
119,610
109,015,750 602,193,500
103,860
50,869,200 559,566,000
93,920
25,364,500 559,581,250
83,580
25,364,500 559,601,150
68,450
25,364,500 559,618,400
58,990
25,364,500 559,625,750
54,110
25,364,500 559,636,850
47,140
25,364,500 559,640,100
45,130
25,364,500 559,646,050
41,520
25,364,500 559,652,300
37,830
21,979,850 355,528,350
35,470
257,376,050
33,320
233,177,400
31,980
173,385,650
30,600
156,593,150
29,080
156,595,600
27,530
116,755,150
26,280
36,126,150
25,150
1884_
1885_
1886.
1887
1888_
1889_
1890.
1891_
1892.
1893
1891_
1895_
1896.
1897
1898_
1899_
1900
1901_
1902.
1903
1904.
1905
1906
1907
1908
1909
1910
1911
912
1913
1914
1915_
1916
1917
1918.... $349,797,297
1919b... 1,012,839,683
Year.
$459,280
2,389,120
4,635,800
6.441,600
8,245,100
10,039,760
11,060,700
11.40.ain
15
"Loan of
1901."
55.
$50,000,000
100,000,000
100,030,000
100,000,000
100,000,000
100,000,000
47,651,200
21,851,100
19,410,350
19,385,050
6
7
8
10
9
Conversion Certificates of One-Year Panama Canal PanamaCanal
Boads. 'Indebtedness. Treas'y Notes.
Loan.
Loan.
3%
I
Various
3%
1902-05, 2% 1909-11, 3%
$5,900,600
28,894,500 $272,857,132
28.891,503 1,706,204,500
28.iet.5o0 4.655.167.300
16
"Laan af
1925.'
41.
$31,157.700
162,315.400
162,315,400
162,315,400
162,315,400
162,315,400
162,315,400
134,991,200
118,489,900
118,489,900
118,489,900
118,489,903
118,489,900
118,489,900
118,489,930
118,489,900
118.489,900
118,489,900
118.489,900
118,489,900
118,489,900
118,489,900
118,489,900
118,489,900
us II '5'V1
21
Total Intere
Bearing Deht.
22
23
Debt on Which Debt Bearing No
Int.HasCeased
Interest.
21
Outstanding
Principal.
$1,390.000
27,362,000
19.150.000
1
$30,000,000
54,631,980
84,631,980'
84,631.980'
84,631,980
84,631,980
84,631.980
84,631,980
84,631.980
84,631,980
74,901,580
74,901,580
74.901.580
$2,035,700
50,000,000
50.000,000
50,000,000
50,000,000
50,000,000
50,000,000
50.000,000
50.000.000
17
18
19
20
"Nary Pen- "L'n of 1908" Old 6s and 75 "Consols of
sion Fund,"(War Bonds) Converted into
1930."
35.
33.
45 and •Ois.
2%.
$14,000,000
$1A41,885,650
14,000,000
792,121,700
14,000,000
720,645,300
14,000,000
636.219,950
14.000,000
/460,461,050
14.000,000
J/32,082.601
11304204350
14,000,000
1224,612,15
14,000.000
1194,190.500
14,000,000
1144,016.600
14.000,000
119,716,500
14,000,000
14,000,000
14.000,000
$198,678,720
128,843,240
99,621,420
97,515,660
83,107,060
77,135,360
77.135,360
63,945,460
63,945,460
63,945.460
63,945,460
63,945,460
63,945,460
63,945.460
63,945,460
63,945,460
63,945,460
63,945,460
63,945.460
63,945,460
$307,125,350
445.940,750
445,940,750
520,143,150
542,909,950
542,909,950
595.942.350
646,250,150
616,250.150
646,250,150
646,250.150
646,250,150
646,250,150
646,250,150
646,250,150
646.250,150
636,259,550
599,724,050
599.724,050
599.724,050
25
26
27
Cash in the Treas- Total Debt, Less Annual Interest
ury July 1.,
Cash in Treasury.
Charge.
1878, July 1
$1,791,735,650 00 $5,594,560 26 $3.03,231,082 27 $2,163,561,292 53 $161,179,012 03 $1,999,382,280 45 $94,654.472 50
1879
1,797,643,700 00 37,015,610 26 382,150,091 78 2,196,809,422 04
293,391,517 01 1,996,414,905 03 83.773,77850
1880
1,723,993,100 00 7,621,455 26 353,826,945 37 2,085,441,50)63
165.114.752 88 1,919,326,747 75 79.633,981 00
1881
1,639,567,750 00 1,723,865 26 353,847,504 32 2,013,139,119 58
180,488,935 35 1,819,650,154 23 75,018,695 50
1882
1,463,810,400 00 16,260,805 26 353,787,958 77 1,833,859,161 03
158,835.689
78 1,675.023,474 25 57,360,110 75
1883
1.338,229,150 00 7,831,415 26 353,740.691 81 1,699,801.257 07
161,019,431 92 1,533,781,825 15 51,436,709 50
1884
1,226,563,850 00 19,656,205 26 353,719.517 31 1,599,939,572 57
161.396,577 18 1,433,542,995 39 47,926,432 50
1885
1,196,150,950 00 4,100,995 26 353,603,141 88 1,553,955,087 11
178.602,643 23 1,375,352,443 91 47,014,133 00
1886
1,146,014,100 00 9,704,445 26 397,692,548 52 1,509,411,093 78
227.265,253 34 1,282,145,840 44 45.510,098 00
1887
1,021,692,350 00 6,115,165 26 353,685,110 37 1,381.493,615 63
206,323,950 21 1,175,168.675 42 41,786,529 50
1888
950,522,500 00 2,496,095 26 353,660,467 32 1,303,679,062 58
243,674,167 85 1,063,004,894 73 38,991.935 25
1889
829,853,990 00 1,911,485 26 353,654,148 97 1,185,419,621 23
209,479,874 01
975,939,750 22 33,752,354 60
1890
725,313,110 00 1,815,805 26 353,648,559 47 1,080,777,474 73
189,993,104 20
890,784,370 53 29,417,603 15
1891
610,529,120 00 1,614,705 26 393,662,735 35 1,005,806,561 61
153,893,808 83
851,912,751 78 23,615,735 80
1892
585,029,330 00 2,785,875 26 380,403.635 37
963,218.810 63
126,692.377 03
841,526,463 60 22,893,883 20
1893
585,037,100 00 2,094,060 26 374,300.605 87
961,431,766 13
122,462,290 38
838,969,475 75 22,894.194 00
1894
635,041,890 00 1,851,240 26 380,004,686 42 1,016,897.816 68
117,584,436 13
899,313,380 55 25,394,385 60
1895
716,202,060 00 1,721,590 26 378,939,469 99 1,096,913,120 25
195,240,153 51
901,672,966 74 29,140,782 40
1896
847,363,890 00 1,636,890 26 373,728.570 14 1.222,719,351 40
267,432,096 70
955.297,253 70 34,387,265 60
1897
847,365,130 00 1,346,880 26 378,081,702 64 1,226,793,712 90
240,137,626 76
986,656,086 14 34,387.315 20
1898
847,367,470 00 .1,262,680 26 384,112,912 64 1,232,743,062 90
205,657,570
76
1,027,085,492
14 34,387,408 80
1899
1,016,048,750 00 1,218,300 26 389,433,653 66 1,436,701,703 92
281,380.468 73 1,155,320,235 19 40,347,872 80
1900
1,023,478,860 00 1,176,320 26 383,761,732 41 1.413.416,91267 *305,705,65478 1,107.711,25789 33,545,130 00
1901
937,141,040 00 1,415,620 26 383,015,584 63 1,371,572,24489 *326,833,12492 1,044,739,117 97 29,789,153 40
1902
931,070,340 00 1,280,860 26 395,680,156 63 1,328,031,356 89 *358,574,115 85
969,457,241 04 27,542,945 50
1903
914,541,410 00 1,205,090 26 393,659,412 63 1,309.405,912 89 *384,394,275 58
925,011,637 31 25.541,573 30
1901
895,157,440 00 1,970,920 26 389.130,655 88 1,286,259,016 14
*319,027,242
39
967,231,773
75 24,176,745 00
1905
895,158,340 00 1,370,245 26 385,828,509 58 1,282,357,094 84 *292,490,322 87
989,866,771 97 24,177,850 20
1906
895,159,140 00 1,128,135 26 396,235,694 78 1,292,522,970 04 *328.087,283 25
964,435,686 79 23,238,064 00
1907
894,834,280 00 1,086,815 26 401,257,097 28 1,297,178,192 54 *418,581,437 51
878,596,755 03 21,648,913 60
1908
897,503,990 00 4,130.015 26 426.056,397 28 1,327,690,402 54 *389,557,993 16
938,132,409 38 21,101,197 40
1909
913,317,490 00 2,883,855 26 332,114,026 78 1,298,315,372 04 *274,453,841 25 1,023,861,530 79 21,295.602 40
1910
913,317,490 00 2,124,895 26 381,497,583 78 1,296,939,969 04 *250,490,783 79 1,046,449,185 25 21,295,602 40
1911
915,353,190 00 1,879,830 26 386,751,917 43 1,303,984,937 69 *288.200,599 23 1,015.784,338 46 21,356,673 40
1912
963,776,770 00 1,760,450 26 378,301,284 90 1,343,838,505 16 *316,263,807 88 1,027,574,697 28 22,787,079 49
1913
965,706,610 00 1,659,550 26 375,681,584 40 1,343,017,744 66
*314,489,641 47 1,028,558,103 19 22,835,325 40
1914
967,953,310 00 1,552,560 02 368,729,529 90 1,338,235,400 16 *310,978,390 60 1,027,257,009 56 22,881,497 90
1915
969,759,090 00 1,507,260 26 372,974,753 90 1,344,241,104 16 *254,393.098 16 1,089,848,006 00 22,956,642 40
1916
971,562,590 00 1,473,100 26 a252,109,877 27 1,225,145,567 53 a218,863,995 43 1,106.281,572 10 23,084,635 90
1917
2,712,549,477 00 14,232,230 26 a248,836,878 02
2,976,618,584 89 a1,066,983,361 07 1,908,635,223 82 83,625,481 41
1918
11,985.882,436 42 20,242,550 26 a237,503,732 69 12,243.628,719 37 01,319,347,364 14 10,924,281,355 23 t425,000,000 00
1919b
22,951,401.457 61 11,746.830 26 a242,626.837 69 23.238.775.185 59 al.159.690,938 41 22,079,084.247 18 2929,642.000 00
t Approximate.
Note.--No Victory Liberty Loan bends yet issued but subscriptions reached $5,249,908.300. I Continued at
33i%. f Continued at 3%•
Note 1.-The annual interest charge Is comouted'
no
s ol the ameunt of outstanding principal at the close of the fiscal year,and is exclusive ofinterest
charge on Pacific Railway bends. but is incorrectly swelled te a small extent
by leterest on Thrift Stamps which are not separately stated.
Note 2.-The figures for July _l 1879 were made up assuming pending funding
operations to have been completed.
*Note 3.-Under the Act of March 14 1930 the Treasury Department has kept the gold reserve
fund as a separate item, and not included it in the
available cash balance. In the above statement, however, we have continued
include
the item so as not to embarrass comparison with previous years.
to
a Under the now form of statement issued by the Treasury Dcpaqm net the gold. reserve
($152,979,025
63 on June 30) is deducted from the total
of United States notes outstanding, decreasing to that extent the debt b e.aring no interest and consequently making
a similar reduction in the balance
of cash available to pay maturing obligations
b Feb. 1.
10
DEBTS AND RESOURCES
OF THE
A11.6
IVES 0113 TOWNS
IN
NEW ENGLAND
INDEX FOR THE NEW ENGLAND STATES, CITIES, dec.
MAINE-State, Cities, &c
NEW HAMPSHIRE-State, Cities, &c
VERMONT-State, Cities, &c
Pages 10 to 13 MASSACHUSETTS-State, Cities, Szc
Pages 14 to 17 RHODE ISLAND-State, Cities, &c
Pages 17 to 21 CONNECTICUT-State, Cities, Scc
State of Maine.
ITS
DEBT, RESOURCES, &c.
Admitted as a State (Act March 3 1820)
March 15 1820
Total area of State (square miles)
29,895
State Capital
Augusta
Governor (term exp. 1st Wed. Jan. 1920_ _Carl E. Milliken
Secretary of State (term exp. *Jan. 1921)_ __Frank W. Ball
Treasurer (term exp. *Jan. 1 1921)_ _Joseph W. Simpgon
Auditor (term expires Jan. 1 1921)
Roy L. Wardell
Attorney-General
Guy H. Sturgis
LEGISLATURE meets biennially in odd years on the first Wednesday
In January. and there is no limit to length of sessions.
• /s chosen by Legislature.
HISTORY OF DEBT.-For history of Maine State debt up to 1889. see
!'State and City Supplement" of April 1895. page 9.
At present the debt stands as follows:
LOANS-Interest
Outstanding
Name and Purpose.
Rate.Payable.
When Due.
Principal
Bonds to University of Mainer 5
J-D
June 1 1919
$1 18300
Loan of 1869, not presented for payment
500
Highway bonds, 1913
c 4
M-S Sept 1 '19-'53
270,000
Do
do 1914
c 4
J-J
July 1 '19-'54
425,500
Do
do 1915
c 4g
A-0 JApr 1 '20-'33
353,800
Apr 1 '34-'35
100,000
Do
do 1916
c 4g
M-S JMar 1 '20-33
350,000
Mar 1 '34-'36
45,000
Do
do
1917
c 4g
lay 1 '37-'46
200,000
War loan, 1918
J-D- Dec 1 '23-32
c 4g
*500,000
*Subject to call at 103 and int. on Dec. 1 1923 or any int. period thereafter.
INTEREST Is payable at the State Treasury, Augusta, Me.
TOTAL DEBT.-The subjoined statement shows Maine's total funded
debt on each of the dates named
Jan. 11918. Jan. 11917. Jan. 11916. Jan. 11915.
Bonded debt
$2,629,300 $1,983,300 $1,520,000 $1,061,500
On Jan. 1 1918 the assets of the State were as follows: Cash on hand,
$1,862,208 05; securities, &c., $532,315. The total liabilities of the State
on Jan. 1 1917, including bonded debt, were $4,211,562 69.
ASSESSED VALUATION,-Valuations are taken only in even years.
Assessed Valuation
State tax
Years.
Real.
Personal.
Total.
per$1.000.
1916
$418,442,815 $102,960,118 $521,402,933 $5.00
1914
401,279,430
97,208,419
498,487,849
4.50
1912
388,551,157
89,640.887
478,192,044
4.00
1910 _
366,132,326
85,647,793
451,780,119
5.00
1908
345,572,709
82,679,756
428,252,465
3.00
1906
316,053,787
78,679.203
394.732,990
2.50
19049 , 64,91
74,049,103
366,514,014
2.75
YearsTotal Valu'n. Tax rate. YearsTotal Valu'n. Tax rate.
1902
$352,228,897
$2.75 1860
$164,714,168
$1.25
1900336,699,649
2.75 1850
100,157,573
2.00
1890 ........ 309,096,041
2.25 1840
69,246,288
2.90
1880 ------ -- 235,978.716
5.00 1830
28,807,687
1.90
1870
224,812,900 • 6.00 1820
20,962.778
-- -POPULATION OF STATE.-According to United States Census.
1910
742,371 1870
626,915 1840
501,793 1810
228,075
1900
694.466 1860
628,279 1830
399.455 1800
151,719
1890
661,086 1850
583,169 1820
96,540
298.335 1790
1880
648,936
DEBT LIMITATIONS.-STATE.-The debt of the State is now limited by Secs. 14 and 17. Article 9,of the State constitution. Sec. 17 and the
words italicized below in Section 14 were added by an amendment adopted
in Sept. 1912. V. 95, p. 766.
SECTION 14. The credit of the State shall not be direct y or indirectly
loaned in any case. The Legislature shall not create any debt or debts.
liability or liabilities, on behalf of the State, which shall singly or in the
aggregate, with previous debts and liabilities hereafter incurred at any one
time exceed $300.000 except for the purposes of building and maintaining of
State highways, to suppress insurrection, to repel invasion, or for purposes
of war; but this amendment 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, or to any fund which the State shall hold in trust for
any Indian tribe.
SECTION 17. The Legislature may authorize the issuing of bonds not
exceeding two million dollars in amount at any one time, payable within
forty-one years, at a rate of interest not exceeding four per centum per
nrum, payable semi-annually, which bonds or their proceeds shall be
devoted solely to the building and maintaining of State highways; provided, however, that bonds issued and outstanding under the authority
of this section shall never, in the aggregate, exceed two million dollars: the
Pages 21 to737
Pages 37 to 41
Pages 41 to 48
expenditure of said money to be divided equitably among the several
counties of the State.
MUNICIPAL.-At an election held Sept. 11,1911 the voters adopted an
amendment to Article XXII. of the constitution increasing the debt limit
of cities of 40,000 or more (which concerns Portland alone) from 5% to
7;i% of the assessed valuation. We print Article XXII.below, italicizing
the part added and placing in brackets the words eliminated.
Article XXII. Limitation of Municipal Indebtedness. No city or
town having less than forty thousand inhabitants, according to the last Census
taken by the United States,shall hereafter create any debt or liability which
singly or in the aggregate, with previous debts or liabilities, shall exceed
lave per centutn of the last regular valuation of said city or town, provided,
however, that cities having a populatton of forty thousand or more, according
to the last Census taken by the United States, may create a debt or !liability
which, singly or in the aggregate, with previous debts or liabilities, shall equal
seven and one-half per centum of the last regular valuation of said city, that
cities of forty thousand inhabitants or over may, by a vote of their city governMen:. increase the present rate of five per centum by one-fourth of one per
centum in any one municipal year, until, in not less than ten years, the maximum rate of seven and one-half per centum is reached, that any city failing to
take the increase in any one municipal year, then the increase for that year is
lost and no increase can be made until the next year, as provided above and
provided, further, 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 were (are] made.
EXEMPT FROM TAXATION.---The Legislature of 1909 approved
an Act exempting from taxation all bonds issued after Feb. 1 1909 by the
State or any county, municipality, village, corporation or water district
therein. Banks and trust companies holding such securities are allowed
to deduct the same from the assessment of their shares. By Chapter 221
of the laws of 1919 the exonwtion was extended so as to make it apply to
"notes and other obligations, as well as bondsand so as to cover light and
power districts as well as water districts. See jr, 108, p. 2257, for amended
Act in full.
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
Sections 27 to 35, inclusive, of Chapter 52 of the Revised Statutes of 1916.
At the 1917 session several amendments were adopted by the Legislature.
Section 1, paragraph "a" was changed so as to provide for the investment in
bonds issued by Federal farm loan banks. l'aragraph "b" of sub-division 3
was amended to allow investments in underlying mortgage bonds,other than
first mortgage bonds, and consolidated and refunding mortgage bonds of
any completed railroads organized under the laws of any State of the
United States. Paragraph "c" of sub-division 3 of the old law was stricken
out and in place thereof a new paragraph added, proscribing the conditions
under which investments provided for in paragraph "b" can be made.
The word "street," formerly contained in paragraph "o," has been eliminated and the word "electric" inserted. The provisions of paragraph "f"
relating to investments in [street] electric railroad bonds were completely
changed. Two new paragraphs were added to sub-section 3, to be known
as paragraphs "i" and "j," permitting savings banks in Maine tee invest In
first mortgage bonds of any public service corporation located wholly or in
part in the States, other than Maine, and engaged in the business of producing and distributing electric light and power, and also in the first
mortgage bonds of any public service corporation combining business of an
electric railroad, light and power company. In 1919 (by Chapter 50, P. L.
1919) an addition was made to Section 27 under which permission is given
to invest 10% of the assets in bankers' acceptances and bills of exchange
under certain restrictions and limitations. 'rho full text of the law as it
now, with the addition to Sec. 27 made in 1919 reads as follows:
SECTION 27 Savings banks and institutions for savings are restricted
to and hereafter may invest their deposits as follows:
First. a. In the public funds of the United States and District of Columbia, and in the bonds issued by any farm loan bank organized under authority of the United States Government.
O. In the public funds of any of the New England States and of the States
of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentucky, Michigan,
Wisconsin, Minnesota, Iowa, Illinois, Missend, Kanses, Nebraska, California, Oregon and Washington.
Second, a. In the bonds of the counties, cities and towns of any of the
New England States.
O. In the bonds of cities and districts in the States of New York, Pennsylvania. Maryland, Ohio, Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois. Missouri, Kansas, Nebraska, California, Oregon and
Washington, having a population of seventy-five thousand or more, when
Issued for municipal purposes, and which are a direct obligation on all the
taxable property therein.
C. In the bonds ot counties of twenty thousand inhabitants or more In
the States of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentucky,
Michigan, Wisconsin, Minnesota, Iowa, Illinois, Missouri, Kansas, Nebraska, California. Oregon and Washington. 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, that the net municipal indebtedness
of such county does not exceed 5% of tile last preceding valuation of the
property therein for the assessment of taxes.
it. In the bonds of any city of ten thousand inhabitants or more in the
States of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentucky,
Michigan. Wisconsin, Minnesota, Iowa, Illinois, Missouri. Kansas, No-
JuriEl 1919.]
MAINE-DEBT OF STATE.
11
braska, California, Oregon and Washington, when issued for municipal
purposes, and which are a direct obligation on all the taxable property Interest and guaranteed dividends paid by or due from it. Satisfactory
proof of such gross and net earnings must be furnished to the Bank
therein except when issued in aid of railroads, provided that
Compal indebtedness of sucn city does not exceed 5% of the last the net munici- missioner and certified by him the the manner provided in paragraph "f"
tion of the property therein for the assessment of taxes. preceding valua- for electric railroads, before the bonds shall become a legal investment.
I. In the first mortgage bonds of any public service corporation, come. In the refunding bonds of counties and cities above enumerated issued bining
business of an electric railroad, light and power company and an
to take up at maturity bonds which were legal and constitutional when artificial
gas company, or any two of
which otherwise complies with
issued, provided that the interest has been fully paid on such
bonds the provisions specified in paragraphsthem,
"f" and "g" and "i;" provided the
for at least five years last prior to such refunding; provided,original
further, that average gross income of such corporation
for the three years next preceding
such counties and cities can otherwise meet the foregoing conditions.
f. In the bonds and obligations of school district boards, board, of shall have been at least three hundred thousand dollars per annum.
Fourth. In the mortgage bonds of any water company in the New England
education and other corporate bodies within such cities, authorized
to
actually engaged in supplying any city or cities,
issue bonds payable primarily from taxes levied on all the taxable
or towns, village
property States
or villages, or other municipal corporations, with watertown
in saki district; provided that the population of the district is ten thousand
for domestic use and
or more, and the population and assessed valuation of the district are for the extinguishment of fires, whenever such company is earning
more
equal to at least 90% of the population and the assessed valuation of the than its fixed charges and interest on its debts and its running expenses.
city within which such district is located; provided, further, that the net
Fifth. In bonds of any corporation other than railroads and water communicipal indebtedness of such district does not exceed 5%
the last panies incorporated under the authority of this State and actually conpreceding valuation of the property therein for the assessment ofof
ducting in this State the business for which such corporation was created.
taxes
g. In the bonds or obligations of any municipal or quasi-municip
al which is earning an amount in excess of fixed charges, interest on its debts
corporation of this State, when such securities are a direct obligation on
and running expenses equivalent to 5% per annum on an amount of capital
all the taxable property of said corporation
stock equal to one-half of its entire funded debt.
Third, a. /n the railroad bonds of this State.
Sixth. a. In the stock of any bank or banking association incorporated
b: In the first mortgage bonds of any completed railroads of the under the authority of the State.
States of New Hampshire, Vermont, Massachusetts, Rhode Island, Conb. In the stock of any
or banking association incorporated under
necticut, New York, New Jersey, Pennsylvania, Maryland, Ohio, In- the authority of the Unitedbank
States,if located within the New
States.
diana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois, Misc.In stock of any RR.company of this State unencumbereEngland
d by mortgage.
souri, Kansas and Nebraska, and in the underlying mortgage bonds other
d. In the bonds, stock or notes of any railroad in New England
which
than first mortgage bonds and the consolidated mortgage bonds and re- has earned and paid an annual dividend
equivalent to five per cent on a
funding mortgage bonds of any completed railroads organized under the capital stock equal to one-third of its funded
debt for a period of ten years
laws of any State of the United States and located within the United States, next prior thereto, and in the stock or
of the New York Central &
and in the first mortgage bonds of any completed railroads of any other Hudson River, the Illinois Central, the notes
Lake Shore & Michigan Southern
State of the United States: provided, however, that such underlying, con- and the Pennsylvania Railroad companies.
solidated and refunding mortgage bonds and such first mortgage bonds
e. In the stock of any railroad leased to any dividend-paying railroad in
of
railroads other than those of said named States shall be secured by lions
New England upon terms guaranteeing the payment
of a regular stateupon a completed railroad of standard gauge and of not less than one dividend upon the stock of such leased road
and
interest on its bonds.
hundred miles in length exclusive of sidings and shall be of any of the
f In the stock of any corporation, other than the
railroad
and water comseveral classes established by paragraph c.
panies, incorporated under authority of this State
actually conducting
c: First mortgage bonds, and underlying mortgage bonds other than in this State the business for which such corporation and
was created, which earns
first mortgage bonds, provided, that the net earnings for each of the three
and is paying a regular dividend of not less
5% a year;and any savings
fiscal years next preceding the time of making the investment shall have bank or institution for savings owning stockthan
of any such corporation that has
been not less than one and three-fourths times, and the gross operating earned and paid regular dividends
5% or more for five years, may, if
revenues shall have been not loss than five times all fixed charges for in- any such corporation, by a vote ofof
its stockholders, sells and conveys all
terast and rentals; and provided, further, that the mortgage or mortgages Its property and assets (franchise excepted)
to trustees of a voluntary
securing any issue or issues of such underlying boeds Is or are prior to and association, to hold and carry on the same
business,for the members of such
to be refunded by a mortgage which covers a mileage at least 25% greater association, legally hold and own the certificates
of shares of such assothan Is covered by any prior mortgage which it is destined to refund
ciation,
issued
in
exchange
for
stock
of such corporation; provided, however.
that such refunding mortgage is a first mortgage upon that part of and
that the deed of trust creating such voluntary association shall, in
the
express
mileage covered by it which is in excess of, and distinct from, the mileage terms, exempt the owner or owners of such certificates from individual
covered by all prior mortgages.
bility thereon or on account of debts or obligations contracted by such liaasConsolidated mortgage bonds and refunding mortgage bonds; provided. sociation.
that the net earnings for each of the three fiscal years next preceding the
Seventh. a. In loans secured by first mortgages of real estate in this State
time of making the investment shall have been not loss than one and threeand New Hampshire to an amount not exceeding 60% of the value of such
fourths times, and the gross operating revenues shall have been not
loss real estate.
than five times all fixed charges for interest and rentals; and
b. in notes with a pledge as collateral of any funds, bonds, notes or stocks
provided,
further, that the mortgage by which an issue of any such bonds is
covers a mileage at least 25% greater than is covered by any prior secured which the bank or institution would, by this section, be authorized to purmortgage chase, provided the market value of said collateral is equal to the amount
which is destined to refund and is a first mortgage upon that part
of the of the loan.
mileage covered by it which is in excess of and distinct from the mileage
c. In notes with a pledge as collateral of any savings bank deposit book
covered by all prior mortgages.
by any savings bank in this State.
d. In the mortgage bonds of any railroad leased to any dividend-paying Issued
d. In notes with a pledge as collateral of such funds, bonds, notes or
railroad in New England upon terms guaranteeing the payment of a regular stocks
as in the judgment of the trustees it Is safe and for the Interest of
stated dividend upon the stock of such leased road and the Interest
on its the bank to accept to an amount not exceeding 75% of the market value
bonds
of such funds, bonds, notes or stocks.
(Note.—Bonds issued pursuant to an Act entitled "An Act to
provide for
e. In loans to any municipal corporation in this State.
the reorganization or consolidation of the railroad companies constituting
f. In loans secured by a mortgage of such personal property as in the
the Boston & Maine RR. System," approved April 2 1915, are
a
Judgment
legal
of the trustees it is safe and for the interest of the bank to accept.
investment for savings banks.]
(7. In loans to any corporation owning real estate in this State
actually
e: Electric railroad companies are not railroad companies within
conducting in this State the business for which such corporation and
was created.
the
meaning of the foregoing clauses of this section.
Eighth.—Savings banks and institutions for savings may acquire and
I. (1): In the bonds of electric railroads constructed in this State prior
hold stocks, bonds and other securities not authorized by law, hereafter
to the twenty-seventh day of April, eighteen hundred and
and acquired in settlements and reorganizations and accepted to reduce and
in bonds of electric railroads In this State constructed afterninety-five,
vided, an amount of capital stock equal to 33 1-3% of the said date; pro- avoid loss on defaulted loans and investments held by said banks and
shall have been paid In, in cash, and expended upon the roadmortgage debt institutions, and may continue to hold such stocks, bonds and other securievidenced by ties heretofore so acquired, and shall not be obliged to
or dispose of
a certificate of the Public Utilities Commission or of the
Bank Commis- the same except at such times and in such manner as sell
will prevent unsioner of this State, filed in the office of the Secretary
of
State,
that said necessary loss or embarrassment to the business of the bank or institution.
percentage has been paid in and expended upon the road
in
addition
The
made to Sec. 27 by the 1919 Legislature (Chapter 50, P. L.
to
the amount of the bonded debt; provided, further that in lieu addition
of the fore- 1919) so as to authorize investments in bankers acceptances and
going certificate such bonds may be certified as legal
bills of
for the purpose hereof exchange reads as follows:
on satisfactory proof to the Bank Commissioner that annual
dividends in AN ACT additional to Section 27 of Chapter 52 of the Revised Statutes
amount equal to 5% per annum on an amount of capital stock
equal to
Permitting Savings Banks and Institutions for Savings to Invest in
one-third of the bonded debt has been earned and paid for a
period of five
Certain Kinds of Acceptances.
years next prior thereto.
Be it enacted by the People of the State of Maine as follows:
I', (2): In the first mortgage bonds of any completed electric railroad
Section 1. Savings banks and institutions for savings may invest their
which is located wholly or partly in the States of Now
Ver- deposits as follows:
mont, Massachusetts, Rhode Island, Connecticut, New Hampshire,
(a) Bankers' acceptances and bills of exchange of the kind and maturiites
New Jersey, Pennsylvania, Maryland, Ohio, Indiana, Kentucky:York,
Michigan,
Wis- made eligible by law for rediscount with Federal Reserve banks, provided
consin, Minnesota, Iowa, Illinois, Missed, Kansas, Nebraska,
California. the same are accepted by a trust and banking company, incorporated
Colorado, Delaware, North Dakota, South Dakota, West Virginia,
Idaho, under the laws of this State, or a member of the Federal Reserve system
Montana, Oregon, Oklahoma and Washington; provided, that
all certifi- located in any of the New England States or the State of New York.
cates hereinafter issued making such bonds legal for investments
(b) Bills of exchange drawn by the seller on the purchaser of goods sold
by
ings banks shall show that in addition to the provisions specified sav- and accepted
by such purchaser of the kind and maturities made eligible
in the
first clause of this paragraph the average net income of said
corporation by law for rediscount with Federal Reserve banks, provided the same are
for a period of three years next prior to making such bonds legal
endorsed by a trust anil banking company incorporated under the laws of
shall
have
been not less than one and one-half times interest charges on the
bonds this State, or a member of the Federal Reserve system located in any of
outstanding secured by such mortgage
all prior liens, evidenced by a the Now England States or the State of New York.
certificate of the Bank Commissioner ofand
Sect. 2. Not more than ten per centum of the assets of any savings bank
State
this
filed
in
the
office
of
the
Secretary of State of this State; and the Bank Commissioner
for making or institution for savings shall be invested in such acceptances. The aggreinvestigation upon any applicatioe filed
under the provisions of this para- gate amount of the liability of any trust and banking company or of any
graph shall charge a reasonable fee for services
and expenses attendant national bank to any savings bank or institution for savings, whether as
thereon, including the payment of experts, and in no
case shall such fee be principal or indorser, for acceptances held by such savings bank or instituless than twenty-five dollars, the same to be paid by the railroad
company tion for savings, shall not exceed twenty per centum of the paid-up capital
seeking to make its bonds a legal investment under this paragraph,
and surplus of such trust and banking company or national bank, and not
the same are admitted or not, and all sums so collected shall be whether more than five
per centum of the assets of any savings bank or institution
added to
the appropriation for the banking department, to be expended
for
savings shall be invested in the acceptances of a trust and banking comby
the
Bank
Commissioner under the authority and with the approval of
the Governor pany or of a national bank of which a trustee of such savings bank or instiand Council. No bonds secured by an open mortgage shall
be legal under tution for savings is a director.
this section unless the mortgage
that the total amount of bonds
Section 28. a. The term "net municipal indebtedness of counties." as
certified and outstanding under provides
it shall at no time exceed 80% of the used in the preceding
section, shall be construed to include all bonds which
amount of cash expended upon the
road.
certificates
All
heretofore
isare
a direct obligation of the county less the amount of any sinking fund
wherein
sued
any bonds were made
investments for savings banks available in the reduction of such debt.
shall continue to be in full force andlegal
effect,
provisions
the
of this parab. The term "net municipal indebtedness of cities and districts,"
graph notwithstanding."
used
In the preceding section, shall be construed to include in the case ofaseither
g. In consolidated or refunding bonds, which are of an issue
to retire the not only all bonds which are a direct Obligation
entire funded debt under the conditions as
of
cities,
the
also
but
applied
to first mortgage bonds bonds of the districts or boards within the same, as above enumerated, all
in paragraphs "b," "c"and "f," of this sub-division,
exand which are secured clusive of any such debt created for a water supply
and of the amount of any
by a mortgage on the whole or any part of the system; provided,
that all sinking fund available in reduction of such debt.
certificates hereinafter issued making such bonds legal for
c. The number of inhabitants of cities and counties shall be determined
savings banks shall show that in addition to the provisions investments by
specified in the by the last previous official census thereof, as established
first clause of paragraph "f" of the average
by the last United
net income ofsaidcorporation States or State census or city or county census
for a period of three years next prior to making
taken in the same manner
bonds legal shall have as United States or State census and duly certified
to by the clerk or treasbeen not less than two times interest charges such
on
bonds
the
outstanding
urer
of
such
city
or the auditor or treasurer of such county.
secured by such mortgage and all prior liens."
Section 29. All investments having a fixed maturity shall be charged and
h In the [fret mortgage bonds of any bridge company owning a
railroad entered on the books of the bank at their cost to the bank or at par when
bridge, located wholly or partly in the State
a
Maine,
of
provided
payment
premium
Is
paid. The Bank Commissioner may require any investment to
of said bonds as to principal and interest is guaranteed by a railroad
com- be charged down to such sum as in his Judgment represents its fair value.
pany organized under the laws of the State and owning and
He
operating
may
at
any
for
time
call
a
report
of
the
financial condition of any cora railroad in this State.
poration offering, or likely to offer, its bonds, stocks or notes to any savI. In the first mortgage bonds of any public service corporation
located, ings bank in the State, or whose notes are held by any such savings bankwholly or in part, in the States, other
named
than
Maine
in
paragraph
"f,"
much
in
as
detail
may
he
as
require,
verified
by the oath of such officers of
engaged in the business of producing and distributing electric
power, when the' otherwise comply with the provisions specifiedlight and such corporation as he may specify. He may communicate any such report,
in para- or an abstract thereof, to the officers, of any of said savings banks. If such
graphs "f" and p:' provided, that the
average
gross
income
of
said
correport
furnished
is
not
the
Bank Commissioner within
poration for the three years next preceding such investment
time specified
shall have in his call therefor, or within such extension of time as the
he may grant, the
been not less than two hundred thousand dollars
for each year, and the bonds, stocks and notes of such corporation shall
thereupon cease to be a
average not Income of said corporation
the
period
for
same
shall
have
been
legal
investment
for savings banks under this section, and shall not again
not less than twice Interest charges on
bonds outstanding secured by become a legal investment until a
in all respects satisfactory to the
such mortgage and all prior liens; andthe
further provided, that such net Bank Commissioner is furnished. report
Any officer of a corporation who wilfully
income for the last preceding year shall have
been
less
not
than
one
and makes a false report hereunder, and any officer, trustee, director, clerk or
one-half times the interest charges on all the interest-bearing
indebtedness employee of a savings bank, trust company or loan and building associaof the corporation. The net income
a company, as described in this tion who willfully or knowingly undertakes in
any manner to deceive or
section, shall be its not earnings and of
income derived from the property mislead the Bank Commissioner, or
any officer or representative of the State
covered by the mortgage in question, after payment
of all operating expenses, Banking Department,as to the true condition or
value of any of the investmaintenance cnarges, repairs, renewals,rentals and taxes
and all guaranteed, ments of such savings bank, trust company or loan
and building associa-
12
MAINE-CITIES AND TOWNS
tion, or willfully conceals any material fact connected therewith, shall be
punished by a fine not exceeding five hundred dollars or imprisonment not
exceeding two years, or by both such fine and imprisonment.
SECTION 30. Any such bank or institution may hold real estate In the
city or town in which such bank or institution Is located to an amount not
exceeding 5% of its deposits or to an amount not exceeding its reserve fund.
SECTION 31. No such bank or institution shall hold by way of investment, or as security for loans, or both, more than one-fifth of the capital
stock of any corporation, nor Invest more than 10% of Its deposits.
In the capital stock or notes of any corporation, nor have more
than 50% of its deposits In mortgages of real estate. This section
and the two preceding do not apply to real estate, or other assets, acquired
by the foreclosure of a mortgage thereon, or upon judgment for debts, or
in settlements to secure debts, nor to bonds enumerated in the first five
sub-divisions of Section 27 of this chapter.
SECTION 32. Nothing in this chapter affects the legality of investments
made,of transactions had, or the payment of interest at a rate not exceeding
6% on deposits made, prior to the dividend next following March 11 1877.
And all investments authorized by any law in force when such investments
were made, or transactions had, are valid, and this chapter does not require
the change of investments for these herelnbefore named, except
as same can be done gradually by the sale or redemption of 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. Any investment in securities not named in Section 27
is a misdemeanor, on the part of the trustees authorizing, or officers making,
the same; and such trustees and officers are subject to the prosecutions
and punishments prescribed by law for that offense.
on
SECTION 33. Savings banks and institutions for savings may depositthis
call in banks or banking associations incorporated under the authority of
State, or the laws of the United States, and receive interest for the same.
and may deposit, subject to the approval of the bank commissioner, with
such banks or banking associations, any securities received as collateral for
time loans made to any person or corporation without the State.
SECTION 34. Savings banks and institutions for savings may, by vote
of the trustees of such corporation, when, in the judgment of such trustees
such action is necessary to pay depositors and to prevent loss by sales of
assets, borrow money within or without the State and pledge bonds, notes
or other securities as collateral therefor. The trustees of such corporation
shall cause a copy of said vote to be sent forthwith to the Bank Commissioner, and shall also notify him of any action taken thereunder.
SECTION 35. The trustees shall see to the proper investment of deposits
and funds of the corporation in the manner herelnbefore prescribed. No
loan shall be made directly or indirectly to any officer of the corporation
or to any arm of which such officer is a member.
Assess. val. real estate__ __7,365.550
2.666,461
Assess. val. personal
Total val'n '18(75% act.).10,032,011
Tax rate (per SI 000) 1918_ ..$26.00
INT.in Boston at First Nat. Bk.
and Old Colony Trust Co.
[VOL. 108.
BOND. DEBT Apr 19 1919 $98,000
24,800
Floating debt
Assessed valuation, reaL 1,975.800
920,792
Assessed val., personal_
Total val. 1918 (abt. act.)_2,896,592
Total tax rate (per $1,000)'18 $32.00
INT.at Nat.Shawmut Bank. Dos.
BATH WATER DISTRICT.
Commenced business Jan. 1 1916.
4s '16 J-J $560.000.._ __Jan 1 1946 CAMDEN.
This town is in Knox County.
TOTAL DEBT Mar 1 19194560,000
18,453
Bonds.
Sinking fund (water)
$13,000_ _ _May 1 1932
Ass'd varn '19(book value)_ 579,458 __s
9,900___ May 1 1933
16,000
Population in 1918 (est.)
___ 25,000_ __Dec 1 1933
INT. at Merch. Nat. Bk.. Boston. __s
BOND. DEBT April 1919.. $47,900
30.381
Floating debt
BELFAST. 6,836
This city is in Waldo County. In- Resources
2.365,935
real
adopted
valuation,
Charter
Assessed
1773.
22
June
corp.
in 1853. Belfast owns $500,000 of Assessed val., personal__- 466.655
Belfast & Moosehead RR. stock, of Total valuation 1918____ --2,832,590
which 1,396 shares pref. & 3,604 corn. Tax rate (per $1,000) 1918_ -423.00
-3,015
Population in 1910
Refunding Bonds.
F-A$477,000_ _ _Aug 15 1920
55
45 '09 M-N $113,000c......Nov 1 1929 CARIBOU.
TOTAL DEBT May 12 '19 $590,000
This town is in Aroostook County.
5,000 Incorporated
Floating debt
1859.
2,499,575 Sch
Assess. val. real estate
1928
45 M-Nx$25,000c
760,040
Assess. val. personal
1920
sJ-.1 t18,000c
Bdge34
_3,259,613
__
_
_
1918_
Total valuation
114.000c-1915 or1925
tOJ-D
4
RR
Total tax (per $1,000) 1918..--$31.00 BOND. DEBT May 4 '18_ $57.000
Population in 1910---------4,618 Floating debt
37,000
10.000
INT.at Belfast & 1st Nat. Bk. Bos Sinking fund __________ _
2,727.400
Assessed val., real
BIDDEFORD.
Assessed val.. personal_.... 612,045
1855.
Inc.
County.
City is in York
3,339,445
Total vat 1918
Streets and Sidewalks.
Total tax rate (per $1,000)'18 $36.00
48 '14 F-A $5,000c_ __Aug 1 1919 Pop'n 1910, 5,377; 1918 (eat.)..6,500
1920-1929
4s '15 M-N 50.000
INT. on bonds marked (z) at
1930-1934 Androscoggin Say. Bank. Lewiston;
4s '16 M-N 25,000
Sewer Bonds..
at Old Colony Tr. Co., Boston;
(t)
1919-1923
4s '13 J-J $25,000
(I) at Merrill Trust Co.. Bangor.
4s '14 M-N 25,000c -1924-1928
4s '16 __ 25.000C .......1929-1933
Refunding Bonds.
CUMBERLAND COUNTY.
4s '00 MN ;25 000c-.-May 1 1920
Portland is the county seat. Inc
25,000c-July 1 1921 1760. Population 1910, 112,014;
334s '01 J-J
3s'05 M-N 50.000c--May 1 1925 1017 (est.). 125,000.
48 '14 M-N 50,000c-May 15 1939
Bridge Bonds.
CITIES, COUNTIES AND TOWNS IN THE
49 '15 M-N 25,000--May 1 1935 4s '15 M-N$250,000.-May 1 1935
1 1927 4s '15 A-0 200,000___Oct 1 1935
430'17 F-A
STATE OF MAINE.
'17-$390,000
17
July
BOND. DEBT
County Farm Bonds.
Tax rate (per $1,000) 1918---$30.00 Assess. val. real estate___ -7,902,915
ANDROSCOGGIN COUNTY.
4s '14 F-A $25.000c___Feb 1 1929
Pop'n 1910, 13,211; 1918(est.),14,500 Assess. val. personal
1,227,825 48
The county seat is Auburn.
25,000___July 1 1950
'15 J-J
First
Co..
Tr.
Colony
Old
at
INT.
$10,000
9,130,760
1930
48 due
Total valuation 1916
Court-House Bonds.
30,000 Nat. Bk., Boston, and city treasury. Tax rate (per $1,000) 1916-424.00 3348
4,s due 1931
$615,000c
J-J
17.079 BOND. DEBT Apr 1919 31,115,000
40,000
BOND.DEBT Jan. 1 '19..
Population in 1910-15,000 AUGUSTA WATER DISTRICT.
Floating debt
INT. at City Treas. office In Bid- Temporary loans
140,000
Organized March 26 1903.
Tot.assrd val.'18(75%act.)47,424,030
deford or Second Nat. Bank, Boston. Sinking fund............
75,502
Total tax rate (per $1,000)'18_$24.00 4s '04 F-A *700,0000 g__Aug 1 1934
1919_121,927.865
val.
assessed
Total
'18_4700,000
15
• $7,017 BOND.DEBT Apr
Resources
BOCTHBAY HARB R.
1919...41.69
$1,000)
(per
tax
County
154,385
Pop'n 1910, 59,822; 1918(est.),66,000 Sinking fund
This town is in Lincoln County.
INT.at County Treasurer's office.
INT. at Nat. Shawmut Bk., Boston. Incorporated Feb. 16 1889.
ANSON.
School Bonds.
This town Is in Somerset County. BAILEYVILLE.
DEXTER.
1922
$2,000c
J-J
0
TOTAL DEBT Apr 1917-439.36
This town is in Washington Co.
This town is in Penobscot County.
4s Water Bonds.
642,155
Assess. val. real estate
1922
Water Bonds.
A-0 $4,8000
334s
154,340 TOTAL DEBT Mar 1 1919 $50,000
Assess. val. personal
1934
6,000
debt
June $48,000c
Floating
334s
1928
6,660c
A-0
4s
Total val. 1916(% act.)-.796,495 Assess. val. real estate_
1,452,572 4s
1924 BOND. DEBT Feb 20 '18- $48,000
25,000c
J-J
Tax rate (per $1,000) 1916--_$33.00 Assess. val. personal
32,513
398,460
debt
Floating
1935
15,0000
A-0
45
2.209
Population in 1910
1,851,032 BOND.DEBT Feb 7 1919.. 553.460 Assess. val. real estate__ 1,474,335
Total valuation 1918
384,422
Tax rate (per $1,000) 1918___$27.00 Floating debt
32,445 Assess. val. personal
Pop in 1910,1337; 1918,(est.) 2,500 Assess. val. real
1,214,065 Tot.assess.val .'17(2-3act.31,858,757
ANSON WATER DISTRICT,
0
1917____327.5
$1,000)
rate
(per
Tax
359,495
personal
Assess. val.
Water Bonds.
1,573,560 Pop'n 1910, 3,530; '18 (est.), 4,500
Total val. 1918
M-S $75,000_-_ _Mar 1 1941 BANGOR.
45s
INT. payable at Boston.
BOND.DEBT Apr 1919...475,000
Tilts city is in Penobscot County. Tax rate (per $1,000) 1918.-- _$23.00
13,000 (fleece. as a town Feb. 25 1791: as a Population in 1910 ------------2,021
Floating debt
Assess. val. real est.,'18(est.) 609,359 city Feb. 12 1834. Bonds non-taxable
E. LIVERMORE WATER DIST.
1,800 In Maine.
Population 1918 (est.)
BREWER.
'09 F-A $150 000----Feb. 1 1929
This city is in Penobscot County. 4s
Municipal Purpose Bonds.
BOND. DEBT Nov. 9 '16-4150,000
4s '11 F-A$250,000c_ _ -Aug 1 1931 /ncorp. as a city Feb. 8 1889.
AUBURN.
Assessed valuation 1916-.-1.795.897
Bonds.
Bonds.
Funding
Refunding
Auburn is in Androscoggin County.
1921 Tax rate (per $1,000) 1916---424.00
4s '108 F-A$125.000e_ __Aug 1 1928 45 '01 M-N $30,000o
Inc. Feb.22 1869.
INT. at Eliot Nat. Bk., Boston
4s '12 M-N 20.000c-Nov 2 '19-'22 4s '05 A-0 27.0000-1925
Webster Grammar School.
1929
1
-Sept
30.000c
M-S
'19-'34
2
'09
4s
s'15 J-J $50.000c_July 1 '35-'40 4s '14 M-N 80.000c_Nov
4s '12 M-8 8,000c- -1919-1922 EASTPORT.
Funding Bonds.
50,000c_Jan 1 '46 &'51
4s '16 J-J
This city is in Washington Co.Inc.
4s '16 J-J $195,000c _Jan 1 '20-'30 BOND. DEBT Apr 15 '179_ $95,000
Sewer Bonds.
63,000 Mar. 3 1893. Pop'n 1910. 4,961.
Floating debt
Ref nding Water Bonds.
49 '11 J-J $24,000.- --Jan 2 1921
_2,783.330
real__
1
y
valuation,
1935
Assessed
Bonds.
Refunding
J-J
$500,000c--Jul
'05
45
City Bonds.
494.780 4s '07 J-J $25 000c-July 1 1931
J-J $15.000c. __July 1 1920 BOND.DEBT Apr 1 1919 $670,000 Assessed val., personal
334s
59,140 Total val. 1918 (2-3 actual) 3.278.110 School Bonds
16,000o_ --June 1 1923 Floating debt
J-J
48
38,000 Total tax (per $1,000) 1918-- 430.00 334s
J-D s15,000r----Dec. 1919
14.5000_ __Jan 1 1925 Cash on hand
.14
4$
500,000 Pop. 1910, 5.667; 1918 (est.)._ _6.000 4ms'i5 J-.1 a24.000-Jan. 1 '25-'35
Water debt
Refunding Bonds,
116,609
INT. at Merch. Nat. B., Boston BOND. DEBT Apr.!' 19- $59.820
J-J *15.000c_ __Jan 1 1922 Water sinking fund
33is
Assessed val.. real-----1,327,270
25,000c....July 1 1923 Assessed val'n, real estate_18,543,457
J-J
3)45
7,252,977 BRUNSWICK.
Assessed val., personal... _ - 653,870
334s'04 J-J 23,500c......July 1 1924 Assessed val'n, personal
This town is in Cumberland Co.
Tot. val. '18 (approx.act.).1,981,140
15,0000.- _July 1 1925 Total assested valuation
3345'05 J-J
Bonds.
96,434
House
actual)25,7
(80%
School
tax rate (per $1,000)'18 $34.00
Total
1918
1926
18.000c-July 1
334s'06 J-J
--- $11,000
Tax rate (per $1,000) 1915____$30.00
10,000 __July 1 1930 Total tax rata(per$1,000) '18..326.50 4s
4s '10 J-J
00
20,000
1918(est.),26.0
4s
Pop'n
1910,24,803;
1931
1
13.000c--July
J-J
48 '11
INT. on bonds marked (a) at
Building Bonds.
INT. at Merchants' Nat. Bank.
1 1932
45'12 -__
First Nat. Bank, Boston; others at
_ _ 36,000
Refunding and Paving Bonds. Boston. or by City Treasurer. estate 4s
Say. Bank.
Eastport
Funding -Bonds.
CITY PROPERTY.-Iteal
434s'19 J-J 890,000c....Jan 1 '20-'29
$4^,800
60,000c Jan 1 '30-39 and personal property owned by city
BOND. DEBT Feb 1 '19.. $77.800 ELLSWORTH.
is valued at 33,218.609, incl. water- 4sRefunding Water Bonds.
This city is in Hancock County.
6,739
Other Indebtedness
3349'05 J-J $88,7000_ ...July 1 1925 works estimated at 51,750.000.
19.385 Inc. in 1869. Population 1910,3.549.
Resources
BOND.DEBT Jan 31 '19 $447,700
Refunding Bonds.
4,251,061
1919
valuation
Total
HARBOR.
BAR
40,000
_
notes)
(city
loans
Temp'y
_June 11037
This town (formerly Eden) is in Tax rate (per $1.000) 1919...-$22.50 4s '17 J-D $28.000c.._
88,700
City water debt (included
6,621
War Debt (Int. at Treas. Office).
116,500 Hancock County. Inc. Feb. 23 Population in 1910
Floating debt
J-D $30,000c__ _June 1 1932
4s
4,441.
1910,
Population
1796.
30,885
Sinking fund
BOND. DEBT Apr 7 1919.. $58,000
BRUNSWICK VILLAGE.
Funding Bonds.
Assessed val'n, real estate_10,121,161)
50,102
This village is in Cumberland Co. Floating debt
2,885,145 4s '15 M-S $45,500____Sept 1 1925
Assessed val'n, personal
1,879,270
Assessed val., real
6,621.
1910,
Pop'n
1893.
in
Incor.
Bonds.
5
School
1918..13,006,30
val'n
Total assessed
526,331
val..
personal_
Assessed
'19-'25
Bonds.
1
Sewer
48 '07 MIS $35,000r_Sept
actually assessed.)
(About
Total ass'd val n 1919 (abt.
J-J $86.000
Total tax (per $1,000) 1918...423.50 4s '09 M-S 30.000r_Sept 1 '20-'24 45
2,405,602
cash value)
Nov 6 '16_ $86,000
Pop'n 1910, 15,064: 1918(est.),17.000 4s '12 M-S 21,000r___Apr 1 1926 BOND. DEBT
Total tax rate (per $1,000)'19 $25.00
1016..
_3,419.128
valuation
Assessed
Park Bonds.
INTEREST at Treasurer's office,
4s '12 M-S $21.000r___Sept 1 1927 Tax rate (per $1,000) 1916
and First Nat. Bank in Boston.
INT.at Morel". Nat. Bk.. Boston FAIRFIELD.
Engine-House Bonds.
-This town is in Somerset Co.
4511 A-0 $12,500r__Oet 1 19-'23
AUGUSTA.
BOND. DEBT Apr 30 '19.. $27,000
This city Is In Kennebec Cnunty. BOND.DEBT Apr 30 1919 $170,000 BRIINSWICK AND TOPSHAM
DISTRICT.
WATER
1,934.970
6,829
val. real estate
Assess.
debt
Bonds are all tax-free. Floating
Incorp. 1849
Supplies Brunswick and Topsham Assess. val. personal
320,210
6.093.493
Assessed val., real
School Bonds.
03.
19
11
Mar.
Incorp.
with
673.277
water.
2,255,180
__,
1919_
personal
val.,
valuatlon
Assessed
Total
'20-'22
1
$9.750c_June
J-D
48 '12
Total val. 1918(U act.)......6,766,770 48 if '06 J-J.“322.000o_ ...Jan I 1921 Tax rate (per $1,000) 1919.-427.00
Road Improvement Bonds.
1250.0000_Jan 1 '26 &'36
48 '08 F-A $40,000c.. __Feb 1 1933 Total tax rate (per $1.000)'18 330.50
4s g '09 J J •42.000c_ __July 1 103b FARMINGTON.
INT. payable at Bar Harbor.
1919
4s '94 A-0 65,000c
•
4s g '12 J-J *46,000c___July 1 1942
This village, which is part of the
Funding Bonds.
4s g •15 .1-J •20.000c_ _ _July 1 1042 town of the same name,is in Franklin
M-S $40,0000- --Sept 1 1924 BATH.
3349
Bath is in Sagadahoc County. BOND. DEBT Apr 1919.... $380,000 County. Inc. 1860. Now charter
School Bonds.
58,703
1927 Town incOrp. Feb. 17 1781; city, Sinking fund Dec 31 '17.._
Jan. 1912. Pop'n 1912, 1,240.
-- - $56,000
June 4 1847. Population 1910. 9.396. Assess.val.'18 Brunswick- A.137,183
($5,600 annually)
Water-System Ext. Bonds.
() actual) Topsham_ 1,506,321 Is '14 M-N 540,000..-.May 1 1944
Sidewalk Bonds.
Refunding Bonds.
_$26.00
_
_
Brunswick _
F-A 345,000_Feb 15 '37-'39 43 '16 J-J $20,000--__July 1 1936 Tax per
49
Water Refunding Bonds.
21.70
$1,000 '18 Topsham
School Bonds.
434E3'15 F-A 16.000c__Feb 15 1940
5s '10 J-J 335,0000-Jan 1 1932
• Tax-free. zTaxable.
4s '15 F-A 320,000-July 31 1925
'10 A-0 30,0000....-Apr 1 1926
Refunding & [mat. Bonds.
As
/NT.at Old Colony Tr. Co., Boston.
Refunding Bonds.
(Subject to call.)
49 '09 F-A $40,000e.....Feb 1 1934
30,000c_ __Jan 2 1936 4$ g '07 J-J $10,000c_ __July 1 1919
48 '11 J-J
BOND. DEBT Apr 7 1919.. 3105,000
4s '16 F-A 16,000c__Feb 15 1941 48.1'11 J-D 116,000c. June 1 1941 CALAIS. is in Washington County Assess. val. real estate----1,692,960
This city
Sewer Bonds.
42 '17 F-A 16,000c__Feb 15 1942
548,689
Assess. val. personal
2,241,649
BOND. DEBT Apr 7 '19.... $371,900 4s '07 J-J zo0.000c......Jan 1 1927 Inc. 1851. Population 1910, 6,116. Total val. 1918
Building Bonds.
29,030
Funding Bonds.
(per
31,000)
Sinking fund
1918-.424.00
'Vex
rate
J-D $13.000c ..Dec 1 1926
6,649,510 4s g '07 J-J $10.000c_ „Jan 1 1927 48
Assess. val. real estate
INT. at Franklin Say. Bank and
Refunding Bonds.
2,439,460 BOND. DEBT Apr 7 1919- $226,000
Assessed val. personal
•
J-D $85.000o-- Dec 1 1926 First Nat. Bank. Farmington.
33.400 4s
Total assess. val. 1918_ __ _9.088.970 Floating debt
JUNE. 1919.]
MAINE-CITIES AND TOWNS.
13
Water Bonds (Tax-exempt).
INTEREST on all the issues ex- SKOWHEGAN.
This city is in Kennebec County. Is '09 A-0 174.0000.-Oct 1 1929 cept
the registered bonds Is payable
This town is in Somerset County.
Incorp. In 1844. Commission gov- BOND. DEBT Apr 14 '17_ $74,000
in Boston at First Nat.
and at Incorporated in 1823 as Milburn;
ernment adopted Sept. 12 1911.
Floating debt
_......... 37,963 the Casco Mercantile Bank
Tr. Co. in name changed to Skowhegan in 1836.
Refunding Loans.
Sinking fund (water)
11.370 Portland.
High School Bonds.
3348'97 A-0 $9,000c_Oct 15 1919 Assess. val. real estate.._ _$2,47).
.520
TOT. DEBT.. SINK. FUND. Ac.: 4s '15 __- 824,000
__ _1919-1930
4s '08 A-0 76,000c_Apr 16 1933 Assess. val. personal
398,315
Apr. 1919. Apr. 1918. BOND.DEBT Mar 22'19_ $108,000
BOND.DEBT Dec 31 1916 $85,000 Total valuation 1916..
Bonded debt_$3,431,000 $3,495,000 Floating debt
64,547
Assess. val. real estate__ _2,630,982 Tax rate (per $1,000) 1916_2,869,835
_
..$20.20
Other
oblig'ns
397,008
198,414 Assessed val., real
3.114.855
Assess. val. personal
1,089,851
INT. at Old °ninny Tr. Co., Bost. Assets
281,496
286,582 Assessed val., personal_
1,174,885
Total valuation
_3,720.833 LUBEC. Total
val.
1918
......
4,289.740
Tax rate (per $1,000)
1916___1916.-423.00
Net debt_ __$3,546,512 $3,406,832 Total tax rate (per $1,000)'18
This town is in Washington Co.
$24.50
Population in 1910
5,311 BOND. DEBT
AVAILABLE
ASSETS. City's Population in 1910
May 5 1919 $30,000
5.341
INT. at First Nat. Bank. Boston. Water
available
assets
(Incl.)
consist
debt
of
4,857
5,000
-val. real estate._ $707,716 shares ($242.850) of Portland Gas SOUTH PARIS.
GARDINER WATER DISTRICT. Assess,
Assess. val. personal
717,129 Light Co. stock and cash reserved for
Organized July 11903.
This village is in Oxford County.
Total val. '18 (100% act.)_1,422,845 payment of city debt. 438,645.74.
45
J-J $199.5000_ -Jan 1 1934 fax rate
stem Bonds.
(per $1,000) 1918...-$25.00 Borrowing capacity Apr. 1919, 4s Water-Sy
45 '14 J-J 75,000__ __July 1 1944 Population
'09 A-0 $66.000c ....Oct 1 1929
3115,146
23.
in
1910
3.433
BOND.DEBT Apr 1919-_ $2'74,500
BOND.
DEBT
Apr 10 '19.. $66,000
ASSESSED
VALUATIONSinking fund _ ..
Assessed val., real
...1,10?
607,425
1918.
1917.
WATER DISTRICT.
1912.
Assessed valuation 1918.- -3,800.016 MADISON
Assessed val., personal
111.395
This
district
(P.
0.
Madison)
$
is
in
Tax rate (per $1,000) 1918._ _ _$27.00 Somerset County.
Total
val.
1918
818,820
R.E
.54047,675 53462,025 48079,525 Tax rate
INT. at Maine Tr. & Bkg. Co.. 4s '16 M-S
(per $1,000) 1918____$5.40
Per'1.24815,419
23465,784
$200,000
19013,743
-..192l-1946
Gardiner.
Tot _78863,094 76927,809 67093,268 Pop'n 1910. 1,542: 1916 (est.)__1.600
(Due loan every 5 years.)
INT. payable at Paris Trust Co.
GREENVILLE.
TOTAL DEBT Oct 1916- $200,000 Tax per M25.60
23.20
21.20
This town is in Plscataquis Co.
POPULATION.-In 1918 (est.),
Assessed valuation 1916--1,755.241
TOTAL DEBT April 1919_-$27,414
66.000; in 1910, 58.751; in 1900, SOUTH PORTLAND.
INT. payable in Boston.
Assess. val. real estate
This city is in Cumberland- Co.
597,515
50.145; in 1890. 36.425.
Assess. val. personal
183,547 MARS HILL.
S '06
$14,000
1926
A town in Aroostook County.
Total valuation 1919
781,062
PORTLAND BRIDGE DISTRICT. -s 07 __- 21,000
1919-1925
TOTAL
DEBT Apr 1915-.330.542
Tax rate (per $1,000) 1919- $31.00
This'district comprises the entire _s '09 -_- 21.000
1919-1925
Population in 1910
1,474 Assess. val. real estate_ - _ - $686,925 cities of Portland and South Portland -s '10 --- 55.000
1930
Assess. val. personal
185.850 and was organized in 1905 to build _s '11 --- 18,375
1919-1925
Total valuation
HALLOWELL.
872,775 Vaughan's Bridge. connecting the _s '11
--_
4,000
1925
This city is in Kennebec County. Tax rate (per $1.000)1916--1916..-- $28.00 two cities. The entire property of _s '15 __- 20,000
1927-1928
Inc. 1850. Population 1910. 2.864 Population in 1910
___
1.511 the two cities Is liable in proportion _s '15
8,450
1929
Refunding 1893.
_s '16 ___ 30.000
to assessed valuation.
1931-1933
4s
M-N $4.0000-..Nov '19-'22 MILLINOCKET.
___
3
34 $290,000....July 1 '19 '45 _s 16
5,000
1934
This town is in Penobscot Co. BOND DEBT Apr 1919-3290.000
BOND. DEBT Oct 11 1916 $56.000
5s '19 M-N 24,500.......May 1 1939
20.700 Incorp. Mar. 16 1901.
Floating debt
Population in 1910
Permanent Improyt, Bonds.
58,571
35,500 TOTAL DEBT April 1917 $57,181
Sinking funds
INT at First Nat. Bank, Boston, 430'18 M-S $15,000c
1935
Assess. val. real estate_ - _-1,161,050 Assess. val. real estate__
Refunding Bonds.
1,675,009 and at the Canal Nat. Bank, PortAssess. val. personal
590,280 Assess. val. personal prof). 231,340 land.
434s'18 M-8 47,500c
1935
-1,751.330 Tot.val.'17 abt.(60% act.). 1,906,349 PORTLAND WATER DISTRICT, 450'18 M-8 10.000c
Total valuation
1935
1916--23.00 Tax rate (per $1,000) 1917-333.00
Total tax (per $1,000)1916-$
BOND. DEBT Feb 1 '19.-- $228,950
Water Co. Bonds (assumed).
Population in 1910
INT.at Hallowell Tr.& Bk.Co.
3,368 4s '87
$75,000____Aug 1 1927 Floating debt (add'1)
28,000
MILO.
4s '87
800,000...... Aug 1 1927 Assessed val., real
5,030,196
A town in Piscataquis County.
MOULTON.
4s '87
200,000_ ___Aug 1 1927 Assessed val., personal_ _ _ - 770,957
This town is in Aroostook County. TOTAL DEBT April 1915.. $41,995 4s '87
200,000____Aug 1 1927 Other assessable property.. 30.973
/ncorp. Mch. 8 1831. City owns Assess. val. real estate_..31.098,365 4s '87
225.000____Aug 1 1927 Total val. 1918
5,832.126
1.995 shares stock-value 149.875- Assess. val. personal
200,000_ ___Nov 1 1928 Tax rate (per $1,000) 1918-324.80
300,804 4s '97
Total valuation 1916....... 1,399.169 48 '01
ot the Houlton Water Co.
115,000_ ___May 1 1929 Pop'n 1910, 7.471; 1918 (est.)__9,300
Lax rate (per $1,000) 1916---$22.50 4s '05
Town Bonds.
100,000____Sept 1 1920
J-D $27,000--Dec 1 1934 Population in 1910
4s
60,000____Nov 1 1926 WALDOBOR07
2.556 4s '05
Refunding Bonds.
This town is in Lincoln County.
Funding Bonds.
M-N532,000r.._
MOUNT
_Nov
1930
1
4s '10
DESERT.
J-DtS3.000.0000__Dec 1 1928 BOND. DEBT Feb 28 '19 $35,900
4s
'08
This town is In Hancock County. 4s '14 -- 1100.000-__Mar 1 1934 Cash in treasury
4s '11 M-N 10,000____Nov 1 1931
14,984
J-D 37,000o -Dec 15 1920
General Improvement Bonds.
34s
4s '15 --- 200.000_- _Jan 1 1935 Total valuation 1918
1,171,556
4s
Water Bonds.
Tax exempt
_, $70,780
150.000____Apr
4s
'16
28.965
1
1936
M-N $14,000c_May 1 '20-32
Bridge district Bonds.
Tot. assessed val. 1918......_1,142,591
34s
BOND. DEBT Dec 31 191835is
M-N 17.000c....-May 1 1932 430
_ - $14.000c
District bonds.
serial
$3,450,000 Tax rate (por $1,000) 1918----$31.00
(Subject to call May 1 1918.)
TOT. DEBT May 1 1919_ $84,780
Water Co Ms(assumed) 1.975.000 Population in 1910
2.656
School, Bridges. Town Imp.Bds. Assess. val. real
2,506 500 Water sinking fund
839,801
M-N$10.000c_ __Nov 1 1931 Assess. val. personal
4s
NET DEBT Dec 31 '18_34,5898
252,791
,
WASHINGTON
19
0
9
1
5
COUNTY.
BOND.DEBT Mar 1'19- $137,000 Total val.'18(X act.)-2.759,294
INT. on bonds marked (I) at
County seats are Machias and
Floating debt
32,000 Total tax rate (per $1,000)'18326.00 Fidelity Tr.
Portland;(t) at Old Calais. Incorp. in 1789.
Assess. val. real estate
2,600,040 Pop. '10. 1.569: '17 (est.), 1,650. Colony Tr. Co.,
Co.,
Boston..
or
Washington Co. RR. Bonds.
U.
S.
Assess. val. personal
1,238,385
Tr. Co., Portland.
4s '93 J-J $475,000___ _Jan 1 1928
Tot. assess. val.'18(Xact.) 3,838.425 NEWPORT.
A
town
(Subject to call Jan. 1 1923.)
in
Penobscot
County.
Tax rate (per $1,000) 1918----$31.00
BOND. DEBT Apr 8'19- $475.000
Sewer Town-Hall .5c Bridge Bds. PRESQUE ISLE.
Population in 1910-,
5.846
This town is in Aroostook County. Total valuation
'97 Dec $15,800c
.._$20,077.489
INT. at First Nat. Bank, Boston. 4sSchool-Ho
TOTAL DEBT Feb 20 '18.. $71.636 Co. tax (per $1,000)
use Bonds.
1918..1919_ „..$27.25
Sinking fund
49 '10 Oct $15.000c
16,185 Pop. '10, 42,905; '16 (est.)_ -45,000
KENNEBEC C-0171ITY.
Assess.
val.
real
estate -..$2.531,540 INT. at Boylston Nat. Bk., Boston.
BOND. DEBT Apr 9 '19.. $30,800
Augusta is the county seat.
521,615
debt
1,600 Assess. val. personal
_s '07 --- $50.000
1928-1938 Floating
Total valuation 1917_ - _
Assess. val. real
3.053,155 WATERVILLE.
828.525 Tax
Funding Bonds.
rate
(per $1.000) 1918__ _336.50
Assess. val. personal
508.916
This city is In Kennebec County.
4s '15 F-A $20.000c -Aug 1 1930 Tot
. 1918
1,337,446 Pop. in 1910,5,179; 1918 (est.), 6.500 Incorp. 1802; city, 1888.
BOND.DEBT Apr.7-1919-$70,000 Tot.assess.val
tax rate(per $1.000)'18-326.80
zStreet
Bonds.
Floating debt (add'1)
3.358 Pop'n
in '10; 1,747; 1918 test.) 2,000 ROCKLAND.
4s '16 A-0 $12.000c___Oct 1 1936
Sinking fund
5,112
This city is in Knox County. Inc.
INT. payable in Newport.
Funding Bonds.
Assess. val. real estate-31,945.942
in
1854.
Bonds
tax-free.
are
M-8 $80.000c_Sept 1 '31-'34
Assess. val. personal
10,182,429 OLD ORCHARD.
4s
32.500....._Jan 1 1932 4s.
4s '97 J-J
35.000c. __July 1 1927
Total valuation 1918__ -42,128,371
A town in York Co. Pon
!'10. 961. 44
--- 20,900....- _Jan 1 128 334s'05 M-S 35,000c_ __Sept 1
Tax rate (per $1,000) 1-919---$1.63 BOND. DEBT Apr. 1 1919 $60,000 33 Refunding
1935
(Int. at Treas. Office)• 4s '09 F-A
9,000c___Aug 1 1929
Population in 1910
68,863 Floating debt
4.000
J-J $23.300c.._ _July I 1919
Refunding Bonds.
INT. at 1st Nat. Bank, Boston. Assess. val. real estate__ -.1.890.873 3s '05 J-J
20,850c
__July
I
1920
334s
F-A 30,000c_Feb 1 '24-'26
or Augusta Trust Co
Assess. val. personal.
75.005 34s
40,350c- --1921 48 '09 J-J 105,000c-....July
-1 1939
Tot.assd.val.'18(75%
_1,965,878
(Subject to call after 7 years.)
3348
KENNEBEC WATER DISTRICT. Tax rate (per $1.00(1)act.)
11-S 50.000c_Sept 1 '23-'27
1919-$24.50
4s
'07
J4
__July
$13,000c_
1 1922 4s
Incorporated March 17 1899.
F-A 30.000c_Feb 1 '37-'39
(Subject to call at any time.)
TOWN.•
4s '17 J-J 20,000c_ -July 1937
The city of Waterville and the vil- OLD
$25.000c
This city is in Penobscot County. 4s
1923 0018 J-D 25,000__--Dec 1
lage of Fairfield are in this district. Incorp.
1 1938
33.48
- - 16.500c
as a city Mch. 30 1891.
1924 BOND. DEBT Apr 7 '19.. $431.000
Population served by district. 18,000.
--- 25,000c
Refunding and Funding Bonds. 4s
1925 Assess. val., real estate___ 6,916,780
Post office address. Waterville.
4s
13.000c
--334s'01
1927
3410,000____Au
g 1 1921
Assess. val., personal____ 1,738,070
3As g M-N$800,000cMay 1 '20&'25
27,600_ _July 1 1933 Total assess. val. 1918..
z15.000___Nov 1 1921 4;is
50.000c_May 1 1925 330'01
8,654,850
4s g '10 1I-N
'08 J-) a65,000c. _June 1 1928 BOND. DEB r Apr 15 '19 $258.000 Tax rate (per $1,000)-111-18-330
4sig '15 M-8 100,000c_Mar 1 1930 4s
00
Floating
debt
BOND.
104,034
DEBT May 7 '17.. $104,500
Population in 1910 .
BOND. DEBT May 1 '19- $950,000
11.458
5.961.547 zINT. at First Nat. Bk...
45,000 Total valuation 1918
Sinking funds Jan 1 1919-- 151,995 Floating debt
-Boston.
Tax
rate
(per
---$28.00
1918
$1,0001
valuation,
Assessed
real_
3,104,085
Total valuation 1918 . .
9,294,963
514,040 Population in 1910- _......--8.174 WESTBROOK
INT. at Nat. Shawmut-Bk.. Boston. Assessed val. personl
.
Total valuation 1916
3.618.125
--Westbrook is in Cumberland Co.
Tax
rate (per $1t000) 1916-.427.00 RUMFORD.KITTERY WATER DISTRICT.
Incorporated
March
1891. PopulaThis town is in Oxford County.
6.317
This district is located in the town Population in 1910
tion 1910.8.281; 1917 (est.), 9,900.
INT. on bonds marked (a) at BOND. DEBT Jan 1919.. $184,500 4s'16
of Kittery, York County. and sup- Merrill
-_$30,000c
1929
Notes
outstanding
38,500
Tr. Co., Bangor; (z) at Merplies water to about 5,000 inhabiPaving Bonds.
Assess. val. real estate.__ 3.780.365
tants. District authorized by Legis- chants' Nat. Bank. Boston.
4s '12 M-8 312.000c-Sept I '19-'22
Assess.
personal
val.
1,734.570
lature in Jan. 1907.
PITTSFIELD
Bonds.
Total valuation
_ 5,514,935 4s Refunding
5s '08 J-J $133,000c_Jan 1 '20-'38
A town in Somerset County.
g '07 .14 $15,000c-Apr 1 1922
Tax rate (per 1918_-1917
_- -423.50 4s
BOND.DEBT Apr 6'18-$140.000 BOND. DEBT Nov 13'16-$3
40
2:000
J-J
0 Population in 11.000)
15,0000..
Jan 15 1926
1910
6.777
Floating debt
21.500 Floating debt
45 '11 J-D 124.000c June 20'21-'32
is city
INT. at Old Colony Tr. Co.. Bost. Assess. val. real est
1,398.105 SA.
1 1.000a-June 20 1933
is In York County. Inc
Assess. val., personal
'14 _ - 45.000c__Aug 15 1934
294,630
18 1867. Population '10. 6.583 4s
LEWISTON.
Total assess. val. 1916....- -1,092.735 Feb.
434s'15
25.000c ...Jan 1 1935
Refunding Bonds.
This city is In Androscoggin Tax rate (per $1.000) 1916.._ _423
2.8
.9
50
1 43
J-D $7.500c_ __Dec '19-'23 4s '17 J-J 820,000c-Jan 1 1937
Co. Inc. in 1863. Pop'n '10.26,247 Population in 1910
5s '18 J-D 24,000c_June 1 '23-'46
M-N
12.000c..
__Nov
'19-'30
334s
City Building Bonds.
ayis
M-S 15.000c --Aug 31 1921 BOND. DEBT Jan! 1919- $211,000
; g J-J $185.000- _July 1 1931 PORTLAND.
52.825
Portland (City) is in Cumberland 4s '07 A-0 21.000c --Oct 1 '19-'42 Floating debt
Ref. gds. (Int. at 1st N. Bk., Bus.) County. Incorp.
Water resources
14,580
Feb.
28
10.000c_Sept 1 '19-'39 Assess.
M-S
1832.
334809
J-J $80,000 -July 1 1924 Bonds issued after Feb. 1 1909
4s
val., real estate
5,648,645
are 4s '14 A-0 50.000c.___Apr 1 1939 Assess.
J-J 51,000--Jan 1 1930 non-taxable
4s
val., personal
876,305
Maine:
in
*30.000c___Jan
J-J
'17
prior
issues
1942
4s
1
J-J 100.000----July 1923 are taxable.
4s
BOND. DEBT Feb 1 '19_ $149,000 Total assess. val. 1918...... _6,524,950
4s '07 A-0 174,000__
Total tax rate (per $1,000)'18325.10
Floating debt
School Building Bonds.
55.000 Population,
..
A-0 100,000 -----4s
1927 4 14s g'07 F-A $20.000e
1916 (est.)
9,500
Aug
Assessed val. (2-3 act.)_ _ 4.950
119
19
'2
32
7
.718
5.°°0
48 '13 J-J 100.000_ __July 1 1933 4s '17 ___ 700,0)0...
INF. at Old Colony Trust Co..
(per
rate
Tax
$1.000)
1919__ _$26.00 Boston.
Water-Works Bonds.
1st Nat. Bk., Dos., WestFunded Debt Bonds.
* INT. at Fidelity Trust Co., Bos- brook
- $200.000
49 '17
Tr. Co. and Canal Nat. Bank.
436'02 J43014,0000&r.July 1 1922 ton; on other bonds at York Nat.
BOND IIEBT May 1 '18_ $990,500 3
Port land.
3 Sis g '05 ai-S 99.000c&r_Mch 1
Bank, Saco.
Notes outstanding
222,396 15 g '09 F-A 245.000c.....Aug 1 1920
1929
Sinking funds
248.207 4s a '12 J-J 350.000c___July 1 1932 SANFORD.
YARMOUTH.
Water sinking fund (incl.)
This town is in Cumberland Co.
2.905 43 '13 11-S 200.000 __Mch 1 1963
This town Is in York County.
Assess. val. real estate_ -316,745.003 4s
Inc. 1849. Population 1910, 2.358.
'14
M-S
200,000c_Sept
Bonds.
Sewer
1
'24-'43
Assess. val. personal
Water and Sewer Bonds.
3.098,980
$48.000c„..$2,0
City
33.48'04
J-D
yrly
00
Bonds.
Hall
Total valuation 1916
45 '95 F-A $31.500c
19,843.988 48 '11 A-0 $1.000.000Apr 1 '26-'45
1926
Municipal Bonds.
Tax rate (per MOW) 1917- --$24.50 CITY OP
(Subject to call 1916)
OP:BRIM)
J..D
BONDS.
'24-'33
$50.000c
_Dec
'14
1
4s
CITY PROPERTY.-The propAnnexed Feb. 6 1899.
BOND.DEBT Apr 7 1919 $98,000 BOND. DEBT Jan 1 '19.... 331,500
erty of this city is valued at $2,021,Water
(incl.)
debt
25,726
Floating debt
4.686,1:008500
$81,000
32d, Incl. among other things stock 45Sewer - Bonds.
Floating debt
14,500
$2,000_ _ _June 1 1917 Assessed val., real
of the Lewiston & Auburn Branch
None
but not presented for
Assessed yal. personal
1.559.365 Sinking fund (water)
art. valued at $225.000. and water- (Matured,payment.)
ASSOSS. val., real estate___ _1,325,170
Tot.ass.val.'i8
(60%
6,226,215
act.)
works valued at $933,119.
193,518
Forest Avenue Bonds.
Tax rate (per $1.000) 1919
$25.20 Assess. val., personal
LISBON.
4s '99 J-D $1,000_ __Feb 1 1919 Pop'n 1910, 9.049; 1919(est.). 13.000 Tot. assd. val.'18 (act.)
1.518,688
Town In Androscoggin Co. Inc. (Matured, but
Tax rate (per $1,000) 1918_-$27.00
not presented for
payable
INT.
Sanford
on
in
33.4s
June 22 1799. Population '10.4.116.
payment.)
on 48 in Portland.
INT.at Fidelity Tr. Co.. Portland
34
NEW HAMPSHIRE-DEBT OF STATE.
14
[vol.. los.
taxation unless exempted by
village district. State bonds are subject to issued.
the terms of the Act under which they are
by Chapter 51 of the
extended
was
exemption
of
privilege
the
In 1913
districts when held by
Acts for that year to future bond issues by school
112) exempts.from taxation all
ITS
residents. Another Act of 1913 (Chapter its
minor civil divisions bearing
the bonds or notes of the State or any of
DEBT, RESOURCES, dm.
not exceeding 5% Interest,
LEGES AND RESTRIC-PRIVI
MENTS
SAVINGS BANKS INVEST
One of Original Thirteen
of New Hampshire were comAdmitted as a State
TIONS,-The savings bank investment laws
9,305
at the Legislative
respects
many
in
miles)
altered
(square
materially
State
and
of
revised
Area
pletely
Total
was published by
Concord
of 1917. An explanation of the changes made
session
Capital
State
2028 to 2030 inclusive. The
us in the "Chronicle" of May 19 1917, pages
follows:
Governor (term exp. 1st Wed. Jan. 1921)_John H. Bartlett
full text of the new law as It now stands this
savings banks and savings
act
of
Edw.C.Bean
Section 1. On and after the passage
their
Secretary of State (chosen by Legislature)
of banking and trust companies shall make investment of
r departments following
Plumme
W.
J.
1921)
only:
Jan.
securities
expires
of
(term
classes
er
Treasur
funds in the
written
a
as
construed
be
shall
Oscar L. Young
Sec. 2. For the purposes of this act a noteor voluntary association, signed
Attorney-General
on
first Wednesday in promise of an individual, firm, corporati
demand or at a fixed or
LEGISLATURE meets biennially in odd years on the
the maker, to pay a specified sum of money on
by
of trust.
limited.
not
time, but not issued under indenture or deed
January, and length of session is
future
ble
determina
brief.
indenture or deed of
very
is
under
d
history
note'issue
debt
a
as
's
construed
Hampshire
be
-New
A bond shall
HISTORY OF DEBT.
were
bonds
no
and
ve,
trust.
This State has always been extremely conservati
on real estate
Civil War. In 1866 New Hamp1. In notes or bonds directly secured by first mortgage
Issued until after the breaking out of the$4,169,81
6, contracted exclusively situated within the State of New Hampshire; but no such investment shall
shire reported her funded indebtedness at outstandi
by which it is
estate
real
2.22,
the
of
$3,213,96
was
ng
be in a loan that exceeds 70% of the value
for war purposes. June 1 1869 the total
be so invested.
9. The State secured
and not exceeding 75% of the deposits shall
against which the Treasurer reported an asset of $77,082.8
real estate
on
mortgage
first
by
secured
directly
bonds
2. In notes or
debt at the present time is as follows:
the United States,
Principal
-Interest
situated outside of New Hampshire but entirely within
LOANSWhen Due. Outstand g which at the time of such investment is improved, occupied and productive;
Payable.
%
Purpose
Nameand
$50,000 but not exceeding 40% of the deposits shall be so invested, and no such
31i J & J July 1 1919
Sanitorium bonds of 1909
the real
125,000 Investmen
33•5 J & J July!'19-21
t shall be in a loan that exceeds 50% of the value of
Highway bonds of 1911
250,000
'21-'24
July!
J
&
J
3M
1912
estate by which it is secured.
of
do
do
lands
timber
on
mortgage
70,000
first
by
1
'19-25
secured
July
3
dc
directly
J
3
3. In notes or bonds
Hospital, 1905
150,000 situated within the States of Maine and Vermont; but not exceeding 5%
3 35 J dc J July 1 1927
1907
do
85.000 of the deposits shall be so invested, and no such investment shall be in a
1929
1
July
J
&
J
3
o
1909
do
it is secured.
c 434 J & J July 1 '30-36 500.000 loan that exceeds 50% of the value of the real estate by which
War loan bonds, 1918
at liberty to in500
4. In notes secured by collateral In which the bank is
Loan of 1873 (overdue)
1,167.872 vest, of a value at least 10% in excess of the value of the note, and in
Trust funds
bank is at liberty to invest under
bonds secured by collateral in which theof
and $1,000 pieces.
in excess
PAR VALUE OF BONDS.-The bonds are in $500
and 7 of Section 4, a value of at least 10%
and at paragraphs 1, 2,3,4 note.
Boston
of
Bank
Shawmut
of any one class of securities so
National
amount
the
at
The
payable
is
the
INTEREST
of the value of
time,
the
at
own
may
bank
the
State Treasurer's office.
taken as collateral, added to that which
by savings banks and shall not exceed the total limit of investment in that class of security; but
TAX-EX EMPT.-All issues are exempt when held
invested.
so
be
shall
deposits
the
not exceeding 25% of
citizens of New Hampshire.
which are dealt in on the
5. In notes secured by collateral securities
1 43. The
York, the Stock Exchange price of
TOTAL DEBT.---The net debt on Sept. 1 1918 was $1,541,35
named. Stock Exchanges of Boston or New
of the amount duo upon
excess
in
20%
subjoined statement shows New Hampshire's total debt on the dates
least
which shall at all times be at
Assets Sept. 1 1918 were $857,121 11.
while held by the bank; but not exceeding 25% of the deposits
Sept. 1 '18. Sept. 1 '17. Sept. 1 '16. • Sept. 1 '15. the note,
invested.
$986,000 shall be so
$901,000
$817,500
$1,230,500
bank deposit book issued by any
Total funded debt
6. In notes secured by any savings
1,068,860
in
1,148,634
1,165,130
1,541,351
Trust funds
under the laws of any New England State; or
iii.- 100 savings bank chartered
100
100
100
of any building and loan aasopass-book
s
Floating debt
depositor'
the
notes secured by
of
excess
in
be
not
shall
t
of this State, provided that the investmen
$2,771,951 $1,982,730 $2,049,734 $2,054,960 elation
Total debt
the withdrawing value of said pass-book.or one or more indorsers, or in
was
valuation
assessed
total
signers,
more
State's
7. In notes with two or
ASSESSED VALUATION.-The
Reserve System of the kinds
was $18.60.
acceptances of member banks of the Federal
as below. The average tax rate for 1918 (per $1,000)
t or purchase by Federal Reserve
Years- Assessed Val and maturities made eligible for rediscounassets
are not loss than $250,000
Years- Assessed Val. Years- Assessed Val, 1900
net
$209,670,845 banks, or in notes of makers whose
$255,085,571
$453,327,679 1910
50% of their quick assets;
1918
204,734,731 and whose total indebtedness does not exceedloaned
244,9 1,264 1898
428,107,097 1908
to any one borrower
be
1917
shall
deposits
the
of
200,957,600 but not exceeding 5%
1896
71
231,641,5
1906
83
410,150,5
of the deposits shall be
30%
1916
197,839,543 on this class of security; and not exceeding
225,082,628 1894
398,845,480 1905
provided that, except in
,
1915
paragraph
this
of
provisions
the
60
under
196,117,0
Invested
220,624,307 1893
390,877.626 1904
more indorsers. or in said ac1914
168,964,903 notes with two or more signers, or one or
214,616,655 1881
under this paragraph unless its
1912 _-__ '390.086.029 1902
ceptances, no savings bank shall Invest
•
263,074,386
total value of its assets as
the
1911
and
d
unimpaire
and
full
the
is
of
s
fund
inventorie
of
the
guaranty
the amount
The preceding values are simply the aggregate
taxes at different rates determined by the Board of Bank Commissioners shall exceed
State
the
addition,
In
State.
the
in
towns
various
railroads, building of its deposits by at least 10%•
Farm Loan Act.
Federal
the
savings banks and trust companies, insurance capital,
of
provisions
the
under
and
issued
car
bonds
,
parlor
In
8.
companies
and loan associations, telegraph and telephone
MUNICIPAL BONDS.
in 1918
express companies. These, less exemptions allowed by statute,
a Municipality shall be conSec. 3. ror me purposes of this section
amount to $140,363,750.
district, precinct or other municipal
one
n,
commissio
permanent tax
strued as a county, city, town, village, 7constru
-bearing
adefo
•Chapter 169, Laws of 1911, creates sain
interest
ed Or
men B--d
the year 1912 and every second corporati
a Municipal
aloyrrn
on;
valuation
alaonof
of whose duties it is to equalizesame
t.gatea!
shall represent the "true and market
on al;the
sed
pT
year thereafter, so that the
maybele
icpyo
Tun
wictaxe
r
:
of
in
nts
en01ace
the great increase in valuations
Interest aapracipal requireme
value" of property. This win account for
shall be conthe various civil divisions, as shown taxable property within the confines of the obligor; Net Debt
payment of
1912. not only for the State itself, but forties
the
for
available
funds
sinking
pages.
following
deducting
and
this
after
on
debt
strued as
by the returns of the different municipali
for supplying the inhabisuch debt and the net outstanding debt created construed
as the nearest
POPULATION OF STATE141,881 tants with water; Assessed Valuation shall be
269,328 1790
318,300 1830
and population
taxation;
430,572 1870
of
purposes
1910
for
property
of
preceding valuation
244,165
1820
326,073
e with the
1860
accordanc
in
411,588
ts
1900
shall be construed as the number of inhabitan
214,460
317,976 1810
376,530 1850
or State authority.
1890
nearest preceding census taken under Federal
183,858
of any
284,574 1800
bonds
the
in
346,991 1840
invested
be
shall
deposits
1880
Not exceeding 5% of the
in the constitution of New
the deposits
DEBT LIMITATION.-There is no restriction
and not exceeding in the aggregate 10% ofits
of the people through the "General one municipality; in
provinces
Canada,
of
Dominion
the
of
bonds
Hampshire upon the debt-making powerthe
the
last clause of Article 5 of Part shall be invested
Court," except the following, which Is
and cities.
for which the faith
Second of that instrument.
1. In the public funds of the United States, or those
any town to loan
of the interest
Provided, That the General Court shall not authorize
of the United States is pledged to provide for the payment
of
any
benefit
Me
for
or
indirectly
directly
credit
or
or give its money
any way aid and principal.
corporation having for its object a dividend of profits or in
d bonds and notes of this State, or of any of its municiauthorize
the
In
2.
the same by taking its stocks or bonds.
on which was ratified in palities.
territory of the
The above is an amendment to the constituti
3. In the authorized bonds or notes of any State or
Intended as a complete estoppel
of any city of the
1877. The amendment would appear to berailroad
United States: and in the authorized bonds or notes
corporaindustrial
and
to
or
credit
Connecticut, or
Island,
money
of
Rhode
loaning
etts,
Vermont, Massachus
to municipal
by its terms the restriction does States of Maine,
not exceed 7% of the last pretions. It is to be noticed, however, that
New York, whase net indebtedness does
"any town."
municipality
any
of
or
taxation:
for
therein
property
not specifically mention "cities," the words being
of
the
l Bond Act of 1895," It ceding valuation
indebtedness does not exceed 5% of such valuaIn addition to the foregoing is the "Municipa
a municipal corporation may in said States whose net
tells in the matter of issuing bonds what
.
.
n
4
tio
do. The law enacts:
any other of the United
do, what it must do. and what it cannot on"
In the authorized bonds of any municipality of
means town, city, scho, 1 i
net indebtedness does not exceed 5% of the last
Sec. 1. The term "municipal corporati
2. Bonds issued must be States or territories whose
and in the autaxation;
for
therein
property
the
of
trict, village district and village precinct. Sec.
valuation
al, not exceeding 6%, may preceding
payable within 20 years, interest semi-annu
of any city of 50,000 inhabitants of any of said States whose
in less than 20 years, may be thorized bonds
the last preceding valuation of the
of
7%
exceed
not
be payable in gold coin. If made payable
does
ess
indebtedn
net
Bonds
time of issue. Sec. 3.
extended, but never beyond 20 years from
for taxation. Provided, that the bonds of any county,
or
a vote of two-thirds of all voters property therein
(except of cities) must be authorized byof
less than 10,000 inhabitants, or of any school district
such corporation, or at a soecial city, or town ofcorporati
or
present and voting at an annual meeting
on of less than 2,000 inhabitants in any State
municipal
other
signed
Bonds must be
shall not be
section
this
of
3
paragraph
in
meeting properly called, &c. (for which see Act). gned
named
those
than
other
by Treasurer and territory
by a majority of the Governing Board, countersi
and rate of interest, authorized investments.
of Canada.
have seal of corporation. Time and place of payment
5. In the authorized bonds of the Dominion
4. City bonds must be
of the Dominion of Canada.
&o., may be delegated to Governing Board. Sec.
6. In the authorized bonds of any province
at least two-thirds of
authorized by resolution of City Council passed bynays,
of any city of the Dominion of Canada, with
bonds
d
authorize
the
In
7.
Mayor,
by
signed
and
yeas
whose not debt does not exceed 7 %
members elected to each branch, taken by
of payment, rate a population of not less than 50.000,
countersigned by Treasurer, seal of city affixed . Place
last preceding valuation of the property therein for taxation.
the
of
be
shall
5.
Bonds
Sec.
Treasurer
to
be
delegated
may
of interest and sale
OTHER BONDS, NOTES AND STOOKS.
be in form set
payable to bearer or to registered holder by name, and must
a Company shall be construed
to call, they must
Sec. 4. For the purposes of this sectionorganized
out in Act-which see. In case bonds be made subject
under the laws of the
bonds
n or voluntary association
any
of
validity
corporatio
"The
Act.
in
a
as
as
given
effect
contain statement to that
and doing business prinlocated
and
thereof
."
State
the forms herein prescribed
United States or any
shall not be affected by any variation from shall
shall be con.Company
register bonds issued, he cipally within the United States; a Public Service
Seq. 6. Treasurer to keep a book in which he
light, electric power
by virtue or in pursuance of this strued as a company doing principally a gas, electric
as bonds
Sec. 7. "All bonds purporting to be Issued
construed
be
shall
Bonds
Mortgage
shall, In favor of bona or electric railway business;
Act and signed and sealed as hereinbefore provided
physical property
have been duly and regularly secured primarily by direct and foreclosable lien on
years, fiscal
tide holders, be conclusively presumed tothe
calendar
as
be
construed
,
shall
Years
contained
herein
obligor;
the
provisions
owned by
authorized and issued in accordance with
Investment:
of the purpose years or nearer periods of twelve months next preceding suchoperating
exend no holder thereof shall be obliged to see to the existence
proceedings or to the applica- Net Income shall be construed as income after deducting
of the issue or to the regularity, of any of the
guaranteed
and
interest
d
guarantee
and
rentals,
,
in
all respects
penses, taxes, Insurance
be
tion of the proceeds. All such bonds shall be negotiable
shall
Interest
Annual
merchant.' Sec. 8. dividends, and expenditures for maintenance: and
to thp same extent as securities negotiable by the law
for the latest
pay interest and pro- construed as interest actually paid in each year except that
outAnnual tax must be levied and collected sufficient to20
amount
total
the
on
year's
interest
one
No
years. Sec. 9.
year it shall be construed as
vide a sinking fund sufficient to pay principal within
n to an standing at the time of the investment.
bonds can be issued which shall increase the net debt of corporatio
in securities autherein as last
Not exceeding 75% of the deposits shall be invested
amount exceeding 5% of the value of the taxable property
be
debts must be in- thorized under this section; and not exceeding 5% of the deposits shall
appraised for assessing taxes. To ascertain net debt, allwater
and not exceeding 25% of
company,
one
any
'cash
of
debt,
securities
be
deductedthe
must
in
which
Invested
following,
cluded except the
otaer
section
this
by
d
authorize
of
securities
in
to
payment
be
invested
the deposits shall
and other means' in treasury and sinking funds applicable
the than in bonds and notes.
debt so included; "but nothing contained in this section shall prevent
d under this section
amount of
No investment shall be made in securities authorize
Issue of bonds for the purpose of refunding an equal principal
of the three years
of the company in question in eachlass
other bonds of such corporation." Sec. 10. Corporation seal. Sec. 11. unless the net income investmen
than one and
have been not
t
shall
1895.
19
such
March
preceding
Approved
passage.
next
on
effect
take
Act to
debt.
entire
funded
the
on
interest
annual
inin
special
the
to
time
time
times
from
one-quarter (1k)
Exceptions have been made to this law
of
two or more
ion
consolidat
the
city of
In the case of a company formed by annual interest for the years prestances, such as in the case of $100,000 high-school bonds of the chapter
and
Income
net
This
the
,
of
Laws
1903.
companies
202,
Chapter
by
d
existing
Portsmouth authorize
shall be the combined net income and annual
provides that Section 9 of the Municipal Bond Law of 1895 does not apply ceding such consolidation ed
companies.
Interest of the consolidat
In this instance.
by any steam railroad company, whether
power
motive
of
change
The
of
Laws
1907
t of any steam
TAXATION OF MUNICIPAL BONDS.-Chap. 55 of the
from wholly or in part, shall not affect the eligibility for Investmen
provides that any city, town, precinct or village district may exempt
s.
obligation
railroad
shall
apply
exemption
such
provided
its
bonds,
of
as follows:
made
taxation any future Issue
be
may
ts
investmen
foregoing,
the
to
Subject
only to bonds owned and,held by citizens of said city, town, precinct or
New Hampshire.
JUNE, 1919.}
NEW HAMPSHIRE-CITIES AND TOWNS.
15
STEAM RAILROAD SECURITIES.
requirements of the class of stock in question: and that all
1. In bonds or notes issued or assumed by steam railroad
to be
companies and eligible under this paragraph in each of the five years nextcompanies
in mortgage bonds of companies controlled by
such
such
investment
companies
shall have paid dividends at the rate of not lesspreceding
for
the
refunding of which mortgage bonds of such companies are
than 4% Per
annum
upon
the
specifically
class
of
restock
in question. Without the written approval
served, provided that in each of the three years next preceding
of
the
Board of Bank Commissioners no investments shall be
such investment the net income of such companies shall have
made under
(1) not less the authority of this and the preceding paragraph, and it shall
than ten million dollars ($10,000,000) and not lessbeen either
be the duty
one and one-half of said board to furnish to the banks from time to time
a
list
(1}i) times the annual interest on the obligations in than
of such securities
as are eligible for investment, but
and all other
exceeding 10% of the deobligations of corresponding or prior lien, or (2) notquestion
shall be invested under the provisionsnot
posits
less
than
two
million
of
this paragraph. .
dollars ($2,000,000) and not less than one and three-quarte
In
Sec.
5.
the
bonds,
rs
(IA)
times
notes. stock or certificates of interest of any
the annual interest on the obligations in question and all other
obligations manufacturing company organized and doing business in the New England
of corresponding or prior lien.
States that has earned and paid regular dividends on
its entire capital
2. In mortgage bonds guaranteed as to principal and interest
stock
or
certificates
for
each of the five years next preceding such investby such
companies, provided that in each of the three years next preceding
such ment, and whose net indebtedness does not exceed 50% of the amount of
investment the net income of the obligor company
its unimpaired capital stock; but not exceeding 10% of the
shall
nave
been
not
deposits shall
less than five hundred thousand ($500,000) and not loss than
one and be so invested; provided, no bank shall hold more than 25% of the stock of
one-half (13i) times the annual interest on the obligations in question
and any such company.
all other obligations of corresponding or prior lien.
Sec. 5. In the capital stock of any banking or trust
company, or special
3. In equipment securities issued or guaranteed as to principal and deposits of guaranty savings banks
incorporated under
laws of the
interest by such companies. provided such securities are
issued for not ex- State of New Hampshire and doing business therein; butthe
the amount of
ceeding in par value 85% of the cost of standard equipment
such
stock
held
by
any
and mature
savings bank as an investment and as collateral
in approximately equal annual installments over a period of not
exceeding for loans shall not exceed one-tenth of the total capital stock or special
fifteen years.
deposits of such banking or trust company or guaranty
4. In the mortgage bonds of terminal or bridge companies
not exceeding 10% of the deposits shall be so invested. savings bank, and
as to principal and interest, by two or more such companies. guaranteed
Sec. 7. In the stock of any
nk or trust company located in
5. In certificates of indebtedness, commonly termed "receiver's cer- the New England States or thenationalba
State of New York, but not exceeding
tificates," issued by a receiver of any steam railroad under authorizati
10%
of the deposits of a savings bank shall be invested
on
such stock; the amount
of the court having jurisdiction over such receiver.
of stock in any national bank or trust company ininthis
State which may be
6. In the dividend-paying capital stock of steam railroad companies of held by any savings bank as an investment
or as collateral security for
which the net income in each of the five years next preceding such invest- • loans shall not exceed 25% of the capital
stock of said national bank or
ment shall have been either (1) not less than ten million dollars($10,000.00
trust company: and the amount of stock in
0) company
any national bank or trust
and not less than one and one-half (1A) times the annual interest
outside
of
this
State which may be held by any savings
on the
bank as
entire funded debt, or (2) not less than two million dollars ($2,000,000
) an investment or as collateral for loans shall not exceed one-tenth of the
and not less than
the annual interest on the entire funded debt, capital stock of said national bank or trust company.
ilrovided that the income of such companies applicable to dividends in
Sec.
In
8.
the
stock or certificates of interest, of any real estate
at tion
corporaleast four of the five years next preceding such investment shall have been
or association of this State and whose property
is occupied and imnot less than the current annual dividend requirements on the class of stock proved and is located in this State,
whose capital stock is one hundred
in question and all other classes of stock of prior preference and that
thousand
dollars
or more, provided the total
s of such corporacompanies in each of the five years next preceding such investment such
tion or association does not exceed one-halfindebtednes
of the capital stock actually
have paid dividends at the rate of not less than 4% per annum on the shall
class paid in and remaining unimpaired, and provided such corporation or assoof stock in question and all other classes of stock of prior preference
ciation
has
earned
and paid regular dividends of at least 4%
or in
per annum
the dividend-paying stock of any steam railroad company that is leased
its capital stock or shares for five years previous
to uponnot
to such investment;
such company and whose dividends are guaranteed by such company.
exceeding 5% of the deposits shall be so invested.
but
9.
Unless the guaranty fund of a bank is full and
Sec.
PUBLIC SERVICE COMPANIES.
unimpaired
7. in mortgage bonds issued or assumed by public service companies the value of its assets as determined by the Board of Bank Commissionand
ers
shall exceed the amount of the deposits by at least 5%,it
and in mortgage bonds of companies controlled by such companies
shall
for
the
for it to invest in any stocks of paragraphs 6,8 and 13 of sectionbe unlawful
refunding of which mortgage bonds of such companies are specifically
4 or in any
re- securities of Section 5 of this
served. provided that in each of the three years next preceding
act
without
the
written permission
such invest- Board of Bank Commission
the
ment the net income of such companies shall have been either (1) not
ers; and whenever in the opinion of the of
Board
less of Bank Commissioners the
than five hundred thousand dollars ($500,000) in the case of street railways
condition of
bank or general financial
conditions are such that the board deems itany
and not less than two hundred and fifty thousand dollars ($250.000)
unwise for said bank to invest
in in said securities, it may by written
the case of other public service companies and not less than
order forbid such bank to make such
and three- investment, and it shall not
quarters (14) times the annual interest on the obligations inone
thereafter be legal for said bank to make such
question and investment until such order
shall
all other obligations of corresponding or prior lien, or (2) not less
be revoked in writing.
than one
Sec. 10. No savings bank shall expend in the purchase,
hundred and fifty thousand dollars($150,000) and not less
construction
twice the or remodelling of any building
annual interest on the obligations in question and all other than
and the construction of vaults, for the purobligations of pose, in whole or in part,
corresponding or prior lien; and in bonds or notes issued
of accommodating the business of such bank, a
or
assumed
by
greater sum than the amount of its unimpaired guaranty
public service companies, provided that in each of the three years
fund and surplus
next except it is authorized to do so
preceding such investment the net income of such companies
by the Bank Commissioners.
shall have
Sec. 11. In determining the percentage of deposits invested
been not less than five hundred thousand dollars ($500,000) and
not
less
provisions of this act, previous investments held by the banks under the
than two times the annual interest on the obligations in question
shall be inand all cluded.
other obligations of corresponding or prior lien; provided that
in
all
cases
Sec. 12. Section 1 of Chapter 137 and Section 1 of Chapter
the principal franchise or franchises of such corporations shall not
149 of the
mature Laws of 1915 and Section 1 of Chapter
prior to the maturity of the obligations in question or that such
114
of
the
Laws of 1901 and all
companies amendments thereto and all acts and parts
operate under indeterminate franchises or permits and are subject
of acts inconsistent with this
to
the
act are hereby repealed and this act shall take effect upon its passage.
regulatory supervision of a State commission of competent
or
that such companies operate under a franchise or permitjurisdiction
INVESTMENT OF TRUST FUNDS.-(1895) Chapter 71,
in which the
1.
capital or investment value of the company's property is fixed
Trustees
and guardians shall be authorized to invest funds in theirSec.
or
deterhands
mined when such investment or capital value is in excess
the indebted- in the bonds or direct obligations of any county, city, town, school, fire
ness represented by the above obligations or that in the of
case of electric or water district in New England, when the net debt of said municipality
railways not loss than 75% of the mileage owned is located
on private does not exceed five per cent of the last assessment of taxes for the purpose
right of way.
of taxation. The term "net debt" shall be construed to denote
the individend-pa
ying capital stock of senior preference of
8. In the
of any municipality, omitting debt created for supplying
public debtedness
the
service companies of which the net income in each of the five
inhabitants
with water and deducting the amount of sinking funds availyears next able
preceding such investment shall have been not less than
the
for
payment of the indebtedness of the municipality.
five hundred
thousand dollars ($500,000) and not less than one and three-quarte
r
(1%)
times the annual interest on the entire funded
provided that the inCITIES, COUNTIES AND TOWNS IN THE
come of such companies applicable to dividendsdebt,
in at least four of the five
years next preceding such investment shall have
STATE OF NEW HAMPSHIRE.
been
not
loss
than
the
current annual dividend requirementS on the class of stock in question,
Assess. val. 1919 (est.).- _31,375,000
and that such companies in each of the five years next preceding such ASHLAND.
This
town
is
in
Grafton County.
investment shall have paid dividends at the rate of not less than
Tax rate (per $1.000)'18
$2.55
4% per NOTE DEBT Jan 31 1919-$82,401 Population
annum on the class of stock in question, and provided
in 1910
1.496
the issue of Total assessed val. 1918_..1,482.391
such stock has been authorized by a State commission ofthat
competent
jurisTax
rate
(per
$1,000) 1915.._ _$12.30
diction and provided further that not exceeding 10% of the deposits shall
be Population in 1910
1,412 CLAREMONT.
so invested.
This town is in Sullivan County.
NEW HAMPSHIRE COMPANIE
Incorporated 1764.
9. In the bonds or notes of public service and water S.
companies organized BERLIN.
(Int. at Claremont Nat. Bk.)
under the laws of and located and doing business principally within
This city is in Coos County. In- 4s Water
J-J $158,220e___July 1 1923
State of New Hampshire; provided the net income of such companiesthe corp. Feb.
6 1897. New city charter 4s '13 J-J 58,200-$3.
in
700 yearly
each of the three years next preceding such investment
was
adopted by the voters May 11'09.
have been not
Refund.(Int. at Claremont N.Bk.).
loss than twice the annual interest on the obligations shall
in question and all 4s '16 ___ $36,000__July 1 '19-'36 3 As'09 J-J $15,900c._$1,000
other obligations of corresponding or prior lien; and In the
yrly
Bridge
dividend-pa
Refunding
ying
Bonds.
4s '14 J-J 42,500c-.July 1
capital stock of senior preference of such companies, provided that
the in- 4s '15 -- 376,500__Apr 1 '19-'35 4s '14 .T-,I 10.010c___July '18-'34
1 1924
come of such companies applicable to dividends in at least
*Refundin
four
of
g
the
Bonds.
five
Trust Fund Bonds.
years next preceding such investment shall have been not loss than
one 434s'10 M-N4$40.0000 _ Nov 1 '19-'26 4s
838,686.78
and one-eighth times the current annual dividend requirement
1936
School House & Fire Sta. Bonds GEN. --DT.Apr 28'19- $257.916
on the
class of stock in question, and that such companies in each ofsthe
4s '05 J-D 135.0000 Deal 1919-'25 Water BD.
five
debt
years next preceding such investment shall have paid dividends at the
395.328
Funding Bonds.
rate
Assed valuation, real
5,349,360
of not loss than 4% per annum on the class of stock in question.
3348'02 J-D $12.000c_June 1 '19-'22 Assessed val., personal.
1,722,780
TELEPHONE AND TELEGRAPH COMPANIES.
Public-improvement Bonds.
Other assess. property.--1,626,550
bonds
In
or
10.
notes issued or assumed by telephone, telegraph,
J4 S112.500c_July 1 '19-'33 Total assess. val. 18 (act.)
or 430'13
-9,088,890
telephone and telegraph companies of which the
TOT.
BD.
DT.
Jan
31
'19.
$312,000
income
Tax
net
rate
(per $1,000) 1918----$20.50
in each of the
five years next preceding such investment shall have been either
liabilities
313.140 Pop.'10, 7,529; 1919 (est.)---10
(1) not Total
,000
less than ten million dollars ($10,000,000) and not loss than two times
Cash on hand
71,799
the Total
annual interest on the entire funded debt, or (2) not less than two
resources
97,060
million NET DEBT
CONCORD
.
dollars ($2,000,000) and not less than two and one-half (25i) times
Jan 31 '19- 216,079
the Assessed valuation
Concord (incorp. 1853) is the capiannual interest on the entire funded debt, but not exceeding
1918-12,527.761
15% of the Tax
deposits shall be so invested
rate (per 11,000) 1915._ _$19.00 tal of the State and the county seat
of
Merrimack County. Its waterthe
dividend-paying capital stock of senior preference, of
11. In
tele- Val. city property Feb 1 '16-$518.797 works more
take care of the
phone, telegraph, or telephone and
companies of which the net Pop. '10, 11.780; '16, set., 14,650 Interest on thethan
water bonds.
income in each of the five years nexttelegraph
preceding stlell investment shall have
*INT.at Old Col. Tr. Co., Boston. 4s '17
_ $20,000
1919-1923
been either (1) not less than ten million dollars ($10,000,00
and
0)
not
loss
BridgeBon
_ds.
than twice the annual interest on the entire funded debt, or (2)
not less BOSOAWEN.
48 '15 J-D g78.0noc_Jime 1918-'35
than two million dollars ($2.000,000) and not less than two
and
one-half
4s
J-J
This
5,000__July
town
is in Merrimack County.
1 '19-'23
(2)) times the annual interest on the entire funded debt, provided
that the Incorp. in 1892. Pop'n 1910, 1,240.
Sower Bonds
income of such companies applicable to dividends in at least four
of the
1348'08 13I-N 325.0000..._May 1 1928
Water Bonds (Tax free).
five years next preceding such investment
not
shall
have
been
less
than
the
48
J-D
33.s
M-N334,286
5,000_
1
-_-_Dec 1 1930
c_'Nov 1 '18-'23
current dividend requirements of the class of stock in question,
20,000_ Dec 1 '32 &'34
all companies to be eligible under this paragraph in each of the and that BOND. DEBT May 1916_345.700
five years Floating debt Feb 15 1915_- 13.345
Penacook Sewer Bonds.•
next preceding such investment shall have paid dividends at the
rate
of
4s
J-J
Sinking fund
July 1919
$500
4,979
not less than 4% per annum upon the class of stock in question,
but not Assess. val. '15 (abt. act.) 801,918
•Union School District Bonds.
exceeding 10% of the deposits shall
be invested under the provisions of Total tax
J-J $32,000...July 1 '19-'22
(per 11,000) 1915.-323.74 334s
this paragraph.
3 3is
J-J
50,000-July 1 '24-'27
BONDS OR NOTES.
INT.at E.H.Rollins & Sons Boston 33s
J-J
4,000_ ___July 1 1928
12. In bonds Or notes issued or assumed
by companies of which the net
3 As
30.000J ulyl'23-'29-'30
J-J
income in each of the five years next
investment
preceding
such
shall
have
3 As
J-J
9.000- __July 1 1931
CARROLL COUNTY.
been either (1) not less than ten million dollars ($10.000.000) and
not less
4s
M-N 62,000c-.May 1 '20-'34
The county seat is Ossipee.
than two times the annual interest on
entire funded debt, or (2) not
West Concord Sewer Precinct.
Court-House Bonds.
less than two million dollars (32,000,000the
and not less than four (4) times 4s '15 M-N$35,000
$300-_ _Oct 1 1919
A-0
c_Nov 1 '20-'30 3345
the annual interest on the entire funded) debt,
but not exceeding 15% of TOTAL DEBT Dec 31 '18-$66,100
School District-No.-20 Bonds.
the deposits shall be so invested
M-S 132,000_ _Sept 1 '19-'22
Floating debt (add'1)
57,830 334s
CAPITAL STOCK.
1 4,300_ __Sept 1 1924
Sinking fund
24,664
13. In the dividend-paying capital stock of senior preference, of
com- Pop'n 1910, 16.316;'17 (est.), 16,500
City-Hall Bonds.
anies of which the net income In each of the five
years next preceding such
M-S f$12.000_Sept 1 '19-'20
INT. payable at the Conway Nat. 334s
investment shall have been either (1) not
less than ten million dollars Bank, Conway.
1 19,000_Sept 1 '21-'23
($10,000,000) and not less than twice the interest
on the entire funded
3 s'04 J-J 55,000_ _July 1 '24-'29
debt, or (2) not less than two million dollars ($2,000,000
) and not less than
Public Park Bonds.
four times the annual interest on the entire funded
provided that the CHARLESTOWN.
4s '14 J-D 315.000-Dec 1 '31-'33
income of such companies applicable to dividends debt. least
at
This town is in Sullivan County.
four of the
Water Precinct Bonds.
five years next preceding such investment shall haveinbeen
not loss than the
Water and Sewer Bonds.
334s
lki-S $8,000
Nich 1 1922
current dividend requirements of the class of stock in question;
or
If
such
000
45
J-J 333,000.-- Jan 1 1922
companies nave no funded debt then the income applicable to dividends
in IIOND.IfIRBT Apr 11919. $65,000 3s
J-J
7.000_ _ Nov 1 '20-'21
at least four of the five years next preceding such investment
have Notes outstanding
11.500 330
18,000__Jan 1 '23-'24
been not less than 0110 and one-fourth (1 A) times the currentshall
dividend Sinking fund
18.878 334s'05 A-0 31,000__ Apr 1 '21-'22
p
16
NEW HAMPSHIRE-CITIES AND TOWNS.
[VOL. 108.
Refund Bds (Opt. beg.July 1'11)
Refunding Bonds.
JAFFREY.
J-J $68.000c_ July 1 1921
__Apr 1 1925 3s
CONCORD (Concluded.)
Cheshire County. 3 34s'05 A-0 $50,000c_
In
is
town
This
$872,100
'27&'29
1
'18
Apr
1
May
A-0 100,000c_
Water Bonds (Opt.beg.Aug. 1 09)
BOND. DEBT
45
116,732 tricorn. In 1773. Pop'n 1910. 1.895. 48 '11 J-J
F-A 520,0000_ _Aug 1 1921
25,000c_July 1 '19-'23 3s
Assets
20,110.995
Water Bonds.
F-A 50,0000_ __Aug 1 1924
4s
Assess. val.'17
Hospital Bonds.
J-J I $6,000c_Jan 1 '20-'22
DEBT May 1 1918 $256,450
BOND.
Tax rate (per 1,000) '17 _ _ __$18.60 334s
1919-1930
360,000
J-D
'15
4s
'23-'25
1
I. 9,0000_ _Jan
5,349
Floating debt (additional)_
Pop.'00. 19,632;'10 (Census). 21,497
13,000r_ _Jan 1 '26-'30
J-J
School Bonds.
Ass'd val'n '17 (90% act.)_3,546,587
• Exempt from tax when owned 3s
.000
3
1
'19-'28
uly
demand)5
4s(on
$50,000c_J
J4
note
330'11
Water-ex.
(per 51,000) 1917-120.00
tax
Total
by Concord residents.
1929-1931
18,000c
J-J
3
z Issued on the city's credit for the
Road Bonds.*
1919-1936 INTEREST at office of Town Treas.
Penacook sewer dist., the int. and 354s
M-N 52,50004On or before 48 '16 F-A 90,000
1 Nov 1 1922
*Cemetery Bonds.
principal being payable from a speNORTHUMBERLAND.
cial tax on that district.
48 '13 July $10,000 __July 1 '18-'23
Bridge Bonds.
A town in Coos County. Popula1919-1928 tion
$10,000_Jan 1 '20-'30 5s
July 30,000
1910.2.184. Inc. Nov. 161.'774.
• INT. at Claremont Nat. Bank.
1 '31-'34
Bonds.
8,000-Jan
Water
g
J-J
Refundin
Is
Bonds.
CITY PROPERTY.-The city
6,000-Jan 1 '35-'36 4s '13 M-N $60,000__Nov 1 '19-'21 45School
F-A 332,500c_$1,500 yearly
nronother
and
buildings
$500
its
1922-1925 4s
valued
(on demand)
100,000
4s
J-J
notes
'15
4s
Sewer
16.500c.._1919-1928
F-A
erty on Jan 1 1918 at $1,690.405 BOND. DEBT Apr 1919- $58,000
Bridge and Sewer Bonds.
DEBT June 1918_ $49,000
9,000 4s '15 F-A 360,000
Incl. water works valued at $1,101,- Floating debt
1919-1930 BOND.
26,500
debt
Floating
the
of
property
the
697, which are
Assess. val.(abt act) 1918.1,796.056
Tot. ass'd val'n 1918 (act.).2,126.101
Bridge Bonds.
"precinct."
Tax rate (per $1,000) 1918-__$24.00 48 '13 J-J 375.000
1919-1933 Tax rate (per $1.000) 1918-318.20
*Interest paid by the heirs to the
Tax-Adjustment Bonds.
DERRY.
Slade estate in Jaffrey.
330'02 J-J $80,000c_ __July 1 1922 PEMBROKE.
This town is In Rockingham Co.
n. BOND. DEBT Apr 10'19 $1.633.700
Co..Bosto
&
Parker
This town is in Merrimack County.
D.
O.
at
INT.
5.123
1910.
Inc. 1827. Population
Tax notes (additional)__- 763.000 Incorporated 1759.
304.633
Refunding Bonds.
Sinking f General
Water Bonds.
$12,500c___Nov 1 1923 JAFFREY SCH. DIST.
20,414
fund iWater
'14 F-A $17,500c___Feb '24-'34
4s '13 ___ 12,500c__Nov 1 1928
160.000 4s
Bonds (tax-free).
Water debt (Included)
4s '15 F-A 10,000c_ _ _Feb '24-'34
30.000c-_Nov 1 1933 4s School
'19-'34
9,385,704
1
'19
1
00.Oct
July
prop.
A-032,00
Value city
F-A 100.000c_Feb 1 '24-'34
'14
4s
12.500c _Nov 1 1923
1.000c_ __Oct 1 1935 Total val.'18 (abt. act.)_ _88,257.059 Is '15 F-A 60.0000_ Feb 1 '24-'34
12,500c_Nov 1 1928
45is'13
DEBT April 1919.. $33,000 Tax rate (per $1,000) 1918..$16.00 BOND.DEBT May 1919. $187,500
30.0000-Nov 1 1933 BOND.
2,000
5,661
Floating debt
•
* Not negotiable; In hands of City Sinking fund
Water Bonds (tax exempt.)
val. real estate____1,206,651 Treasurer. The city guarantees the Assesse
1,020,980
destate
1 Real
3348'10 M-N$44,000c___Nov 1 1930 Assess.
407,000
108,700
Assess. val., personal
value Personal
perpetual care of lots in the ceme30'07 J-J q5,000c___July 1 1922
1,667,000
728,510
Other
of the city to parties will pay
52,000c___July 1 1927 Total valuation
$7.50 teriesand
(per $1,000)
Assessed valuation 1918...._1,858,190
upward.
$100
BOND.DEB Apr 28 1919 3231.000 Tax rate
rate (per $1,000) 1918-.416.00
INT. at Monadnock Nat. Bank,
Assessed valuation 1918.._A,182.337
/NT.at Second Nat.Bank.Boston Tax
3.062
Population in 1910
Tax rate (per $1,000) 1918.. _$22.74 East Jaffrey.
INT. at National State Capital
INT.payable In Boston: on bonds KEENE.
Concord.
DIS.
Bank,
FIRE
VILLAGE
TH
MEREDI
of 1907 at Harris, Forbes & Co.. Inc.:
Meredith is in Belknap County.
County seat of Cheshire Co. Inon bonds of 1910 at First Nat. sank. corp. as a town 1753: city, 1874.
PITTSFIELD.
Water Bonds 1893 (taxable).
This town is in Merrimack Co.
Bonds are tax-exempt when held 4148
$40.000c. __July '23-'26 334s'17
J-J
$54,000_ __Mar 1920-37
Keene.
DOVER.
by residents of
BOND.DEBT May 16'17..540,000 BOND.M-S
DEBT Feb 1 1919- $54,000
This city is the county seat of
1,000
Bonds.
debt
Floating
5,225
debt
Floating
Strafford County. Incorp. as a city 4s Funding
'20-'23
1
4,676
Sinking funds
'16 -__ 1320.000-Aug
14,746
In 1855. Population 1910, 13.247.
1 30,000_Aug 1 '24-'26 Assess. val.'18 (full value) 705,938 Cash
_ _1,581,020
valuation
Assessed
zCity-Hall Refunding Bonds.
.70
1917-$22
$1,000)
Tax rate (per
19181918___$23.00
$1,000)
Highway & Bridge Bonds.
31is1.2 J-D $75,000c_Deo 1 '28-'32
1.650 Tax rate (per
2,222
4s '15 --_ $18,000__Nov 1 '19-'24 Population in 1917 (est.)
Population In 1910
zBridge Bonds.1
4s '13 J-J $45,000c_July 1 '26-'33
Water Bonds.
DIST.
.
1919
SCH.
TH
1
July
MILFORD
PLYMOU
Bonds.
High-School
4s '14 J-J $5,000...
This town is in Hillsborough Co.
This district (P. 0. Plymouth) is
330'05 J-D $50,000c_ _Dec 1 '19-'25
Highway Bonds.
tax-exempt. In Grafton County.
Water-Works Notes.
4s '14 M-S $15.000-Sept 1 '19-'23 Inc. 1794. Bonds are
'93.
&
'91
of
'20-'27
$88,000
2
Bonds
Apr
Water
BOND.DEBT Feb 1 '19- $65,000
J-J $95,000„
3;is
BOND. DEBT April 1919
J-J $65,000c_ __July 1 1921 Floating debt
1,500
45,142 4s
1920-1927 (lash in treasury
F-A 40,000
3s
.1911.)
1
July
after
call
4
to
ceased.
int.
-11,286,82
(Subject
$10.000;
Assess. val.(Real estate___1,431.736
1918.due.
past
Bonds
Total valuation
J-J $10.000r.. July 1 1923
1,883.324
1918... 1Total
BOND. DEBT Apr 5'19- 315,000 Tax rate (per $1,000) 1918-.$20.50 45
Schools and Funding.
Tax rate (Per $1,000) 1918-524.70
Assess. val. 18 (4-5 act.)_12,447,645 Population in 1910....... -10.068
F-A $45,000c_ __F'eb 1 1924 Population in 1919
2,200
45
Tax rate (per 31.000) 1918..418.00
INT. at Kleitzens Nat. Bank.
Sewer and Bridge Notes.
INT. on bonds marked (z) at
J-J $1,500c_ __Jan 1 1920 PORTSMOUTH.
334s
First Nat. Bank, Boston; others at
KEENE UNION SCHOOL DIST. BOND.DEBT Feb 1 1919_ $120,000
This city, Incorporated In 1849, is
Shawmut Nat. Bank. Boston.
34,374 one of the county seats of RockingFloating debt
School Bonds.
1919-1927 Sinking fund (general)
32,133 ham County. The High-School
390,000
334s'12
EXETER.
57.938 bonds for $100,000 were authorized
6,500--Sept 1 1919 Sinking fund (water)
This town is in Rockingham Co. 4s '16 ___
2,446,816 by Chap. 202, Laws of 1903. and it
1 6,000..-_Sept 1 1920 Ass'd val'n, real estate..
Incorp. 1638. Pop'n 1910. 4.897.
865,856 was provided that Sec.9 of the "MuAssessed val'n, personal
School Note.
Street (Int. at Exeter Bank'g Co.)
1 1961 Total ass'd val'n 19183,312,672 nicipal Bond Act of 1895" should not
M-S $35.000c---$.1000 yly 334s'll A-0 $19,500_ _-Oct 02,500
430
Tax rate (per 51.000) 1918..__$23.00 apply in their case. Bonds marked
Seminary (Int. at Exeter Ban'g Co.) BOND.DEBT Apr 101919.51
19,500 Population in 1910
.3.939 ($) are not taxed in Portsmouth.
.
4 M s'09 J-J S79.000c_.-$1.000 YIY Note deb:,(additional)
06,000
property-3
school
of
$114,000
val.
Total
'19_
30
Jan
Refunding Sewer Bonds.
BOND. DEBT
INTEREST on first loan payable
2,060
21,616 School population 1918
Floating debt
Nat. Bank. Boston; on others 48 '14 M-N530,000c_May 1 '20-'34
First
at
31.924
Milford.
g Bonds.
Bank,
Refundin
Cash on hand
Nat.
at Souhegan
43 '04 A-0 $47,000c- _Oct 1 1924
Assess. val.'18 (abt. act.).5,159.110 LACONIA.
Laconla (city) is in Belknap Co.
3;i &413'01)J4•45,000c _Jan 1 '20-'28
Tax rate (per $1.000) 1918-421.00
Inc. May 3 1893. Pop'n '10, 10,183. NASHUA. Is in Hillsborough Co. Is '14 M-N 48,000
1919-1934
This city
Paving Bonds.
FRANKLIN.
Sewer Notes (opt. after 5 years). Incorporated June 28 1853.
1 '19-'31
Aug
$39,000c_
48
F-A
'11
This city Is in Merrimack County. 334s
J-J $20,000c_ __July 1 1925 4s '15 .1-D $76.000c.
1935
48 '14 M-S 15,000-Sept 1 '19-'21
Inc. as a town 1828: a city. 1895.
Laconia Sewer Bonds.
School-Building.
1 '22-'31
00__May
'17
M-N160,0
4s
Sch. Park & Heat Plant Bonds. 48Town of $35,000
1923
1
1917-1925
..Oct
3s '03 A-0 $60.000c„
1927
1 5,000-May 1 1932
3%8'07 J-D $30.000
10.000c_ __July 1 1925
and Funding Bor. .
334g'05 J-J
Notes.
Memorial Hall, Refund.& Sewer Is SewerA-0
-1924
1935
1
__Sept
-_
60,000c_
$117,0000
___
'15
4s
3348'08 A-0 $50,000_ _ _ _Oct 1 1928 BOND. DEBT Feb 15'If $152,000 4s '16 ___ 18,000cAug 1 1936 4s '16 J-.1 *$15,000_July 28 '19-'21
Debt Funding Bonds.
Refunding Water Bonds.
• 20,000 4s 17 J-J
4.500c__ _Jan 1 1937
notes
'04 M-S$160.000c_ __Sept 1 1924
A-0 $80.000_ __ _Oct 1 1921 Sewer
3348
84,312 430
285,000-Jan I '20-'38 Is High-School
Floating debt
, g
Bds.-See note above.
GEN.BD.DT.Apr 12'19. $160,000 Other
10,891
liabilities
City Bonds.
Is g '03 J-D 5100.0000..Dec 1 1923
Assessment debt (add'D__- 19,500 Total liabilities Feb 15 '17 267,204 41411-13J
'31-'33
1
00cJune
-DIS120,0
58.000
Bonds.
Water
Note debt, &c
24,485
1
June
1933
I
10,000c
13,711 Assets
3 Sig'02 J-J 550,000c...,..July 1 1922
Cash in treasury
9,992,986
valuation 1916
Bridge Bonds.
pr 1 '20-'26
Assessed val'n, real estate_4,302,955 Tax
(per $1,000) 1916..$16.O0 4s g '14 J-D $15.500e_ __June 1 1934 4;is'18 A-0 g 35,000__A
Assessed val'n, personal_ ....1,350,867 Total tax
Refundin Water Bonds.
1935
1
15.000c___Nov
__'15
4s
Boston.
Bank,
Nat.
First
at
1 1927
_5,640,802
-.Jan
.
(act.)_
INT.
J-J
5160,000c
18
'07
val.
g
48
ass'd
Tot.
22,000c_Apr 2 '20-'30 4s '12 J-J *156,000c_ __Jan 1 1932
Tax rate (per $1,000) 1918 _ __520.00
Motor Fire Apparatus.
6.132 LITTLETON.
J-J
'17
$225,000_
4s
Population in 1910
Is g '14 J-D $10,000e_ __June 1 1934 TOT. BD. DT.Jan 1 1-8_ $965:000
INTEREST payable at First NaThis village is in Grafton County.
p6,000_ _June 1 '20-'22
318,265
tional Bank, Boston, or Treasurer's BOND. DEBT Jan 31 19-$68,000 43018 J-D 16,000__June 1 '23-'28 Sinking fund
371,000
Water debt (included)
office.
34 867
Sinking fund
Funding Floating Debt.
100,000
High school bonds
valuation 1918.-2,262 545 4s '04 J-J
$20.000c_Jan 1 1924 Assess.
Assessed
(abt.
83,824
'17
val.
act.).11,0
0REAM.
9.00
1927
1
1919___$2
__July
(per
$1.000)
rate
60,000o
Is g '07 J-J
.80
(per
rate
$1,000)
Tax
1917..422
This town is In Coos County. Inc Tax
3.059 48 g '09 M-S 46.000c_Sept 1 1929
Population in 1910
.
-11,269
1836. Population 1910. 2.155.
1 1935 Population in 1910
__Dec
145,000c_
J-D
16
4s
or
Treas.
at
Mt;
payable
INT.
Municipal Building Bonds.
Refunding Bonds.
LITTLETON, TOWN.
State Nat. Bk. or First Nat. Bank
$47,500
This town is in Grafton County. 35 g '01 J-J $75.0000. _.July 1 1921
or Old Colony Trust Co.. Boston.
& Sewer Bonds (tax-free).
Water__1925
1
July
20,000c-_
J-J
'05
48
1874.
In
1925 Incorporated
WATER WORKS.-For the year
4s '05 J-J 360,0000
4s '06 J-J 20,000c_ __July 1 1926
Water and Light Bonds.
Jan. 1 1918 Income from waBOND.DEBT Apr 1 1919 $107.500
1933 4s '14 J-J 40,000c_ __June 1 1934 ending
J-D$200,000
38.500 3s
ter rates was $65,923.89 cost of manSink.fds.(bonds & cash)__
1935
1
__June
40,000c_
J-D
1927
'15
1
4s
-June
25,289 3 34s'07 J-D *60.000c_
agement,
$38,877.61 int., 314.590;
Assessment debt (add'1)__
Road Bonds.
40,800 BOND. DEBT Jan 31 '19 $260.000
nts, $4,116.60; payment
Floating debt
6,000 434s'18 J-D $27,000__June 1 '20-'28 Improveme
2,269.695 Notes outstanding
sinking
to
fund, $15,000; surplus..
Assess. val. real
500
'1951,145,
May
21
BT
108,797 BOND.DE
1,732.700 Sinking fund
Assess. val. personal
$4,116.60.
12,000
estate..2,291,678 Serial notes (additional)__
Tot. val. '18 (approx.act.) 4,002,395 Assessed val'n, real
206,565
___
fund_
sinking
732,414
General
personal
val'n,
D.
Tax rate (per $1,000) 1918__-$16.60 Assessed
20,000 Total val. '18 (actual)_ _27,501,277 RAYMON
This town is. in Rockingham Co.INT. at Harris. Forbes & Co.. Other assessable prope
3,044,092 Tax rate (per $1,000) 1918-520.80 Incorporat
Total ass'd val'n 1919
ed 1764.
Inc.. Boston.
__
__5798,740
property
city
value
Est.
-$29.00
Fax rate (per $1,000)
Bonds (Tax-exempt).
-4.069 Pop'n 1910, MOO:1916 (est.) 30,000 4s WaterJan
Population in 1910
1933'
$23,300c
HENNIKER.
TreasCity
at
'93
of
4s
on
INT.
This town is in Merrimac County.
Bridge Bonds.
*INT. at Atlantic Nat. Bk., Bost. urer's office or Nat. Bk. of the Com1935
$5.1000
July
4s
Water Bonds.
4s
monwealth. Boston: 3s of '03 and
DEBT Jan 31 '19_551,021
s-a $50,000c
4s
STER.
of '04 at City Treasurer's office or TOTAL
BOND. DEBT Apr 1 1917.. $50,000 MANCHE
seats Shawmut Nat. Bank, Boston; on all Assessed val'n, real estate___661,006)
county
the
of
Is
one
city
This
8,882
Assessed val'n, personal.......156,84(
Note debt
County. Incorp. others at City Treasurer's office.
849 of HillsboroughPop'n
Total val'n 1918 (actual)____817,846 .
Floating debt
1910. 70.063.
July 10 1846.
Ass'd val'n 1917 (full val.)_1,118,595 1919
Tax rate (per $1,000) 1918.....$25.00
(est.), 83,000.
KET.
1,395
NEWMAR
Pop'n 1910. 1.203; 1917 (est.). 1,300
Population in 1917 (est.)
4s '19 M-S c250,000__Mar 1 '20-39
A town in Rockingham County.
50.000. Mar 1 '30-'39 BOND.
000 ROCHESTER.
6
May
1919-$25,
DEBT
Bonds.
COUNTY.
ROUGH
HILLSBO
Macadam zing & Sewer
10,700
Floating debt
This city is In Strafford County
County seats. Manchester and 4s '14
J-J $80,000_ _July 1 '19-'34 Sinking
25.000 Incorp. 1891. Pop'n '10, 8,868.
fund
Nashua. Bonds and notes bearing
Fire-Department Bonds.
$872,730
estate
real
val.
Assess.
-Hall Bonds (Tax free).
t.
7;
tax-exemp
,
not more than 5 int.
33.s'12 M-81$65,000-Sopt 1 '19-'31 Assessed val. personal____1,302,784 4sgCity
'08 J-J $39,000..Jan 1 '20-'27
1 10,000._ _Sept 1 1932 Total assess. val. 1918......2,175.514.
Building Bonds.
Municipal Bonds.
June $39,0001„ _June 1 1921 __ '17 J-D
45
8,000-Dec 1 '19-'22 Tax rate (per $1.000) 1918-.....$19.20
J-J $196,000c_June 1 1932
51,800._ _July 1 1923 3Xs'17
July
3s
13.000-Jan 1 '20-'21 Population 1910
3.348
Water Bonds (Tax free).
35,53'09 M-S 100.000c_ _ _Sept 1 1924
Incinerator Bonds.
J-D 3150,0000 _Dec. 1 1922
4s
'92
$193,653
'20-'25
'18
31
Dec
Mar
BOND. DEBT
43 '15 M-S 1$30,000c
GEN. BD.DT. Jan 11910 $235,000
30.000
Floating debt
1100,000c __-1926-1935 NEWPORT.
74,683
This town Is in Sullivan County. Floating debt (notes)____
Sink. fund & cash on hand 218.802
Street & Sewer Bonds.
150.000
Assessed valuation1917.$135.426.108 Is '13 A-0 $75.000........1919-1933 Incorp. In 1761. Pop. 1910, 3.765. Water bonds (add'i)____
84,000 •
Water sinking fund •
_1919-1936
Fire Department Bonds.
Val. of county property 1918.646.592 4s '16 F-A 190.000
Assess. val., real estate.. 4,815.863
___ $14,500
33is
Tot. tax rate (per 51.000) 17-$16.80
Improvement Bonds.
_...
2,355,173
val.,
Assess.
personal
t
Bonds.
126,072 330'10 A-0$100,000c.. __Apr 1 1930
Soldiers' Monumen
Population In 1910
Tot. assess. val. '18 (act.) 7,171;036
$5.000
1919-1932 334s
J-J 70.000
INT. on 3s at Manchester Nat. 334s
Sewer Bonds (Opt. beg. July 1 '11) Total tax (per $1,000) 1918_520.50
Bk.; on 334s at Old Colony Tr. Co.. 4s '17 -_- 190,000
Pop'n, 1910,8,868; 1917 (eat.) 10,000,
1
__July
1921
$3,800c_
J-J
3s
($5,000 yearly on Aug. 1.)
oston; 4s at First Nat. Bk.. Boston
JUNE, 1919.]
VERMONT-DEBT OF STATE.
ROCHESTER (Concluded)WALPOLE.
INT on 44 or 1892 at Nat. ShawThis town is in Cheshire County.
mut Bank, Boston; on 4s '08 at Har- Inc.
1892. Population 1910. 2.668
ris, Forbes & Co., Inc., Boston; on
Bridge Bds.(Int.at Keene 1Vat.Bk.)
municipal bonds at the City Treas55
A-0 $23,000c-$2,000 yearly
urer's office, Rochester Trust Co.
3;0'10 J-J
14,000c_$2.000 yearly
NET DEBT May 28 '19__ $43,500
ROCKINGHAM COUNTY.
Assess. val. real state_ ___ 2,172,644
County seat Is Exeter.
As.sess. val. personal
719,820
Funding Bonds.
3s '01 Oct $34,000c-Oct 1 1921 Tot.assess.val.'19(abt. act.)2,892,464
3As'1 1 J-D $18.000c_June 1 '20-'21 Tax rate (per $1,000) 1919...$2.23
•
Jail Bonds.
48 '11 J-D $20.900c_Deo 1 '22-'25 WHITEFIELD.
A town in Coos Co. Incor. 1804.
Alms-House Bonds.
Funding Bonds.
431s'17 J-D $60,000c_Dec 1 '19-'30
4s '17 .J-J $49,000
Refunding Bonds.
5s '18 J-D $25,000c_Dec 1 '19-'23 (Due $1,000 yearly for 5 years
and $1,500 Ay. thereafter.)
BOND.DEBT June 1 '19. $159,000
Cash balance Jan 1 1919-68,237 BOND. DEBT May 1 '19- $49,000
Assessed valuation 1918__47,172,339 Assessed valu-fReal estate_ 994,220
ation 1918 1Total (act.).1,280.487
Tax rate (per $1,000) 1919_8105.94
Population In 1910- --- ...52.188 Population in 1910
1.635
INT. on jail bonds at New Hampshire Nat. Bank of Portsmouth or WHITEFIELD FIRE PRECINCT.
First Nat. Bank, Boston; on court- 330
--- $52,500
house and bldg. bonds at First Nat. BOND. DEBT Apr 30 1919-352.500
Bank, Boston;'others Portsmouth.
WILTON.
SALEM.
This town is in Hillsooro.County.
This town is in Rockingham Co. Incor.
1762.
Incorporated in 1750.
TOTAL DEBT April 1919- $57,014
Water Bonds (Tax-exempt).
Floating debt
None
4s '07 J-D $37,000c
'22-'27 Assessed vain,real estate.. _1,062,840
(Part payable every 5 years.)
Assessed val'n, personal
383,772
BOND.DEBT Apr 30 1919 $37,000 Total assessed val'n 1918_ -1,446,612
Floating debt
22,800 Tax rate (per $1.000) 1918-$23.50
Sinking fund (water)
10,500 Population in 1910
2.224
Assessed val., real
1,854,974
Assessed val., personal_ __ _ 321,850
Total value 1919 (actual)_ _2,176,824 WOLFEBORO.
A town in Carroll County. Incor.
Total tax rate (per $1,000)'19 $22.50
Pop'n 1910. 2,117; 1918 (est.), 2,300 1770.
INTEREST is payable in Salem. GEN.BD.DT.Jan 31 '18.. $17,500
Assessment bonds (add'1)_3,750
Floating debt (add'i)
5,863
SOPdERSWORTH.
This city is in Strafford County. Water debt
83,175
Inc. 1893. Population 1910, 6.704 Assess. val., real estate___ _1,944,748
BOND. DEBT Apr 8 1919- $238.000 Assess. val., personal
358,494
None
Other assessable property
Sinking fund
12,800
480.055 Total assess. val. 1918-..-2,316,042
Value of city property
Assess. val.'18 (act. val.)_5,430,050 Tax rate (per M.)fInside
$20.20
1918_lOutside
Tax rate (per $1,000) 1918-419.80
18.30
INT. at Old Colony Tr. Co., Bost. Pop'n 1910, 2,224; 1918 (est.) 2,300
State of Vermont.
ITS
DEBT, RESOURCES, &c.
Admitted as a State (Act Feb. 18 1791)
March 4 1791
Total area of State (square miles)
9,568
State Capital
Montpelier
Governor (term expires Jan. 1921)..._Percival W. Clement
Secretary of State (term expires Jan. 1921)_ _Harry A.Black
treasurer (term expires Jan. 1921)
Walter F. Scott
LEGISLATURE had been meeting biennially since 1870 in even years,
the first Wednesday in October. On March 4 1913 an amendment was
adopted providing for the convening of the Legislature in odd years on the
first Wednesday after the first Monday in January. V.96. p.810. Length
of session is not limited.
HISTORY OF DEBT.
.-For a brief outline of the early history of the
Vermont State debt see 'State and City Supplement" of April 1895. pages
15 and 16.
The liaoilities of the State on June 1 1919 were as follows:
Agricultural College fund bonds, due 1932
$135,500
School fund bonds, due 1925
.234,900
Huntington fund bonds, due 1925
211.131
Public building bonds 1917 4s(M.& N.) May 1 1919-1935-170,000
Military loan 1917, due 1919
41,500
Other indebtedness
809,256
Total liabilities
$1,560,787
Cash on hand and in banks June 1 191.9
419,098
liabilities
over assets June 30 1918, as shown by
Excess of
State Treasurer's books
$1,118,065
INTEREST on public building bonds is payable at State Treasurer's
office or Sherman National Bank, New York; on others at the State Treasury.
At the 1915 session of the Legislature the State Treasurer was authorized
to issue on July 11915, to the Trustees of the Permanent School Fund, certificates of registered loans of this State to the amount of $234,900.34 redeemable in 1925 on which the interest must be 4% annually on July 1 to
the Trustees of the Permanent School Fund. At the 1919 session of the
Legislature the State Treasurer was authorized to issue bonds not to
$1,500,000 in amount, to be known as the Vermont State Loan ofexceed
1919,
'in denomination of $1,000 each, payable serially in equal amounts,
the
last payment to be not later than 30 years after date and bearing interest
at not to exceed 4 Y2 %•
ASSESSED VALUATION AND TAX RATE.-In addition to the value
tions below. the State received (1917) $732,457 81 as taxes on deposits
in
savings banks, national banks and trust companies which are taxed
at the
rate of 7-10 of 1%; also the State received $545.078 90 as taxes
the
appraised value of railroad property, such property paying a tax ofon
1.3i %
on valuation.
Assessed Valuation
State tax
YearsReal.
Personal.
Total.
per 81.000
1918
$173,380,861 $66,059,545 $239,440,406 $20.00
1917
172,324,762 61,154,885 233,479,647 20.00
1916
170,566,954
58,951,971
229,518,465
5.00
1915
168,918,137
62,653,740
231,571,877 None.
1914
159,878,518
64,663,155
224,541,672 None.
1913
158,676,533 64,312,810
222,989,343 None.
1912
157,227.015
32,994,415
190,221,430 $10.00
1910
143.386,564
45,106,982
188,493,546
None.
1905
127,993,677
59,838,143
187,831,820
None.
118,950,024
1900
58,293,598
177,243,622 $10.00
1898
116,141,979
58,621,654
174,763,633
5.00
1895
112,099,284
61,700,471
173,799,755 12.00
1890
112.895,125
65.157.388
178 052,513
There was no direct tax for State purposes levied in any.of the years
from 1903 to 1911, both inclusive. A tax of $13 per $1,000, however,
consisting of a State shool tax of $8 and a State
highway tax
$5. was
collected and re-distributed to towns on a basis of the number of
of schools
and road mileage, the State, for the sake of equalizing its distribution,
acting as agent In the matter. Prior to 1902 this tax was $10 per $1,000.
The Legislature of 1915 increased the State school tax from $8 to $10, but
this change did not take effect until the assessment of 1916. In 1912 the
Legislature levied a direct tax of 10 cents on the dollar
of the grand list
($10 per $1,000 of as.sessed value), one-half payable Nov. 10 1913, and
one-half June 10 1914. The 1915 Legislature levided a direct tax of 5 cents
dollar
of the grand list for the year 1916. The 1917 Legislature
on the
provided for the levying of a tax of 20 cents on the dollar of the grand list
for thp years 1917 and 1918. The 1919 Legislature provided for the levyng of a tax of 40 cents on the dollar of the grand list for the years '19 & '20.
17
GRAND LIST.-How Constituled.-Section 779 of the General Laws
of Vermont 1906 reads: "One per cent of the appraised value of real estate
taxable to a person shall be added to the list of his personal estate: and the
bum so obtained, with the amount of his taxable poll, if any, shall constitute his grand list.,.
POPULATION OF STATE.-United States Census:
355.956 1870
1910
330.55111840
291,94 1810
217.895
1900
343.641 1860
315,098 1830...._,2'40,652 1801
151.465
1890
332,422 1850
314,120 1820
235,981 1790
85.425
1880
332,286
1
DEBT LIMITATIONS.-There appears to be nothing in the constitution
providing for a general limit to the debt-making power of municipalities.
Whatever in each case the Legislature authorizes, the city, town, county
or other civil division can issue.
In 1917 the Legislature enacted a law, which was approved on April 12
1917 repealing Chapter 157 of the Public Statutes, No. 84 of the Acts of
1908 and No. 126 of the Acts of 1912,in relation to the issuance of municipal
bonds, and providing generally for the issuance of such bonds for any purpose if the proper formalities are complied with. We publish in part the
text of the new law herewith; the full text will be found in V. 104, p. 2365
and 2366.
MUNICIPAL BONDS.
Section 1. The term "municipal corporation" as used in this Act shall
Include a city. town, village, town school district, graded school district
or other school district and. a fire district and a lighting district organized
under the laws of the State.
Sec. 2. The term "legislative branch" of a municipal corporation as used
in this Act shall mean the mayor and board of aldermen of a city, the board
of selectmen of a town, the trustees of a village, the board of school directors
of a town school district, the trustees or prudential committee of a fire
district.
Sec. 3. When the legislative branch of any municipal corporation at any
regular meeting or at a special meeting called for that purpose shall by
resolution passed by a vote of two-thirds of all its members determine that
the public interest or necessity demands improvements, the cost of which
will be too great to be paid out of the ordinary annual income and restenue,
it may at any subsequent regular meeting of such legislative branch or at a
special meeting called for that purpose, by a vote of two-thirds of all its
members, order the submission of the proposition of making such public
improvements, and of incurring a bonded debt to pay for the same, to the
qualified voters of such municipal corporation at an election to be held for
that _purpose. The ordinance or warning calling such election shall state
the object and purpose for which the Indebtedness is proposed to be incurred,
estimated cost of the improvements, amount of bonds proposed to be issued
therefor and the maximum rate of interest to be paid, and shall fix the
place where and the date on which such election shall be held, the hours of
opening and closing the polls, the manner of holding said election, the
questions to be submitted, and the form of ballot to be used. * * *
Sec. 4. The clerk of the municipal corporation shall cause notice of such
election to be published in a newspaper published in said municipal corporation once a week for three consecutive weeks on the same day of the week,
the last publication to be not less than five days nor more than ten days
before said election. If no newspaper is published in said municipal corporation, then publication shall be made in some newspaper published in
this State that has general circulation in said municipal corporations.
Notice of said election shall also be posted in five public places within said.
municipal corporation for the two weeks immediately preceding said election. If two-thirds of all the voters voting at said election shall vote to
authorize said public improvements and the issuance of bonds to pay for the
same, the legislative branch shall be authorize to make said public improvements and to issue bonds as hereinafter provided.
Sec. 5. Elections in municipal corporations under this Act fhall be conducted in the same manner as the annual city and town meetings are conducted, and the qualifications of voters at such elections shall be the same
as the qualifications of voters at annual city and town meetings.
Sec. 6. All bonds issued under this Act shall be of a denomination not
less than $100 nor more than $1,000, and shall draw interest at a rate not
to exceed 4% per annum, payable semi-annually; said bonds shall be payable serially, the first payment to be deferred not later than from 1 to 5
years after the issuance of the bonds and subsequent payments to be continued annually in substantially equal amounts so that the entire debt will
be paid in not more than 20 years from the date of issue.
Sec. 7. No municipal corporation shall incur an indebtedness for public
improvements which with the previously contracted indebtedness, shall
in the aggregate exceed ten times the amount of the last grand list of such
municipal corporation.
Sec. 8. The legislative branch of any municipal corporation at any
regular meeting, or at a special meeting called for that purpose, shall by
ordinance or resolution determine the rate of interest for said bonds, the
denomination of said bonds, the time and place of payment, the form of
bond to be used, which shall be substantially as hereinafter provided, and
whether said bonds shall be registered or have coupons attached. If bonds
are to be registered, they shall be registered as provided by this Act.
Sec. 9. The legislative branch of said municipal corporation shall
annually at the time of assessing the general tax levy, in addition to all
other taxes, provide for the collection each year until such bonds are paid
of a tax sufficient to pay the interest on such bonds and such part of the
principal as shall become due prior to the time the taxes are clue in the
next following year.
Sec. 10. The bonds issued under this Act shall be sold to the highest
bidder after being advertised once a week for three consecutive weeks on
the same day of the week in a newspaper published in said municipal
corporation, or if no newspaper is published in said municipal corporation,
then publication shall be made in some newspaper having general circulation in said municipal corporation; one publication of said notice shall also
be made in some newspaper published in this State,having general circulation in the State and in some financial paper published in Boston, Massachusetts, or New York, New York. The advertisement shall state the
amount and denomination of the bonds, date of maturity, rate of interest,
and the time and place where the bonds are to be sold The legislative
branch of any municipal corporation may reject any and all bids and in
case all bids are so rejected they may advertise and call for new bids in
the manner hereinbefore provided.
Sec. 11. Said bonds shall be signed by the mayor and treasurer of an
incorporated city, by the selectmen or trustees, as the case may be, of a
town or village, by the trustees or prudential committee as the case may be,
of an incorporated school district or of a fire district, and by the board of
school directors of a town school district, and the coupons to said bonds shall
be signed by the treasurer or by his lithographic signature. If such municipal corporation has a corporate seal, such seal shall be affixed to said bonds,
otherwise said bonds need not be sealed.
Sec. 12. In determining the amount of municipal indebtedness permitted
by the preceding sections, obligations created for current expenses, for a
water supply, or for electric lights, and temporary loans created in anticipation of the collection of taxes and necessary for meeting current expenses
shall not be taken into account; provided that no such temporary loan shall
be extended beyond the fiscal year for which it is made and shall not exceed
in amount 90% of the amount of taxes levied for such year; and provided
further that sinking funds and other moneys set aside for the sole purpose
of paying outstanding bonds or other evidences of indebtedness permitted
under the provisions of the preceding sections; nor shall the provisions of
this and the preceding sections apply when the charter of a municipal
corporation limits its indebtedness.
Sec. 13. [This section simply describes the form of bond to be issued
under the Act.]
REFUNDING BONDS.
Sec. 14. A municipal corporation that has outstanding and unpaid
orders. notes, bonds, or coupons, lawfully issued, may issue other negotiable notes or bonds to pay or retire the same.
Sec. 15. Such municipal corporation by its legislative branch, by resolution or ordinance, shall determine the necessity for issuing refunding bonds,
the amount of legal outstanding indebtedness to be refunded, what amount
of new notes or bonds shall be issued, at what time and place they shall be
payable, the rate of interest thereon and when payable, the form of bond,
which shall be substannally in the form provided in this Act, and whether
the bonds shall be registered or have interest coupons attached. Such
new notes or bonds shall not exceed in amount such outstanding obligations,
nor shall they be used or sold except to provide means for paying or retiring
said outstanding indebtedness.
Sec. 16. Such bonds shall be signed, sold, made payable, and mature in
the same manner as an original issue of bonds of a municipal corporation
are signed. sold, made payable, and mature, as provided in this Act.
18
1
VERMONT-DEBT OF STATE
[VOL. 108.
Sec. 17. The treasurer of the municipal corporation shall keep a record written approval of at least three trustees of the board of investment, who
of every note or bond issued under this Act, stating therein the number and shall certify in writing, according to their best judgment, the value of the
denomination of each note or bond, when issued, and the rate of interest premises mortgaged or to be mortgaged. At the expiration of every
hereon, and shall also keep a record of payments of interest or principal, mortgage loan made for a period of five years or more, such loan shall not
be extended or renewed unless three members of the board of investment
and,if coupons are taken up, shall record the fact and deface the same.
Sec. 18. When old notes or bonds are taken up, as provided in this Act, certify in writing the value, in their best judgment, of the mortgaged
the treasurer of the municipal corporation shall keep a record of the same, premises and unless such value meets the requirements above prescribed.
and such old notes and bonds shall be canceled.
(b) When buildings are included in the valuation of real estate upon which
Sec. 19. All ordinances or resolutions required by this Act to be enacted an investment is made, they shall be insured by the mortgagor in such
by the legislative branch of a municipal corporation shall be duly recorded company as the trustees or board of investment direct, and the policies of
in the office of the clerk of said municipal corporation.
Insurance shall be duly assigned or the loos made payable to such bank.
and such bank may renew such policies in the same or another company
REGISTERED OBLIGATIONS.
as said trustees or board of investment elect, from year to year, or for a
Sec. 20. A municipal corporation, as herein defined, may issue registered longer or shorter period, if the mortgagor neglects so to do;and, when necesbonds, and if an original issue of bonds by such municipal corporation is sary, the treasurer may sign premium notes, and may charge the amount
registered, they shall be registered as hereinafter provided.
paid for such insurance to the mortgagor.
Sec. 21. A municipal corporation may, at the written request, duly
When a bank takes an accruing mortgage, the only debt which shall
acknowledged, of the owner or holder of one or more bonds, promissory be(c)
secured thereby or become a lien upon the property described therein
notes or certificates of indebtedness issued by it and payable to bearer or shall
the debt described in the mortgage and existing at the time of its
be
to a person or corporation named, or bearer, change such bonds, notes or execution,
and any subsequent direct indebtedness of the mortgagor to
certificates into registered obligations, payable only to the person or
bank: provided, that when the mortgage includes a homestead, the
corporation whose name is properly endorsed thereon, as hereinafter such
of the wife of the mortgagor to the creation of suchisubconsent
written
provided.
Indebtedness shall be required.
Sec. 22. If it shall be determined by a municipal corporation to issue trequnnt direct
municithe
of
branch
legislative
that
in
the
event
registered bonds,then and
MUNICIPAL BONDS.
pal corporation shall direct the treasurer of such municipal corporation,
as the case may be, to endorse upon the back of each of such bonds over his
II. (a) In the public funds of the United States or any or rue States or
form
official signature a certificate of registration in substantially the
the District of Columbia, or in public funds for the payment of principal
hereinafter provided, inserting in the appropriate places the date of such and interest of which the faith of the United States is pledged.
registration, the name and address of the registered holder, and his own
(b) In the legally authorized bonds or notes of counties, cities, towns, vilsignature as transfer agent, and thereafter such bond shall be transferable
school districts and water districts of the New England States and of
only upon the books of such municipality upon presentation to tne treasurer lages,
any municipal corporation in Vermont having the right to levy and collect
thereof with a written assignment duly acknowledged or proved.
payment of its indebtedness.
in
taxes
bonds
Sec. 23. In case a municipal corporation shall have issued coupon
(c) In the legally authorized bonds or notes of towns, cities and school
and the owner or holder thereof has requested that said bonds be changed
having a population according to the last preceding United States
districts,
such
for
request
written
upon
provided,
then
herein
as
bonds,
registered
to
change, duly acknowledged, the treasurer of such a municipal corporation or State census of at least one thousand in towns and cities, and five hunshall„ if directed by the city council of the city, selectmen of the town, dred in school districts, and an Indebtedness not exceeding five per cent
school directors of the town school district, or other corresponding officers of the last preceding valuation for the assessment of taxes, at the time of
of the municipal corporation of which he is such treasurer, as the case may the investment in New York, Pennsylvania, Ohio. Michigan, Illinois, Inbe, cut off and destroy tha coupons on the bonds presented for registration diana, Iowa, Wisconsin and Minnesota.
(d) In the legally authorized bonds or notes of towns, cities, and school
and endorse upon the back of each of sucn bonds over his official signature
a certificate of registration in su.Atantially the following form, inserting districts having a population according to the last preceding United States
in the appropriate places the date of such registration, the name and address or State census of at least four thousand and an indebtedness not exceedthereing five per cent of the last preceding valuation for the assessment of taxes
of the registered holder, and his own signature as tran4er agent, and
after such bond shall be transferable only upon the books of such munici- at the time of the investment in New Jersey, Kansas, Nebraska. North
pality upon presentation to the treasurer thereof with a written assignment Dakota, South Dakota, Missouri, Oregon, Washington, California, Delaware, Montana, Wyoming, Idaho, Maryland and Utah:
duly acknowledged or proved.
Sec. 24. [This section shows the certificate of registration to be used
(e) County Bonds.—In the legally authorized bonds of counties in any of
where bonds are registered.]
above mentioned States having a population according to the last precedthe
Sec. 25. The indorsement of such certificate of registration upon any ing United States or State census of at least twenty thousand and an indebtbond, note or certificate by such treasurer shall be conclusive evidence that edness not exceeding five per cent of the last preceding valuation for the
corporamunicipal
the
of
such treasurer was directed by the proper officers
assessment of taxes, at the time of the investment. To this there was
tion of which he was treasurer to convert such bond into a registered added in 1919 the following: Bonds issued under this subdivision for
obligation.
building or improving roads, shall not be legal unless they are payable sercorporation
Sec. 26. The treasurer of every such county or municipal
ially; the entire Issue payable in not to exceed twenty years; the principal
shall keep a register showing the number, date, amount, rate of interest, and interest payable from a direct tax levied upon all of the taxable propbonds,
the
of
holder
registered
the
of
name
the
time when payable, and
erty within the county, and only such portion of such bond issue shall be
• notes, and certificates originally registered or changed to registered obli- legal as will be due and payable in not more than fifteen years from date of
gations.
Issue.
impair
or
weaken
Sec. 27. Such conversion shall in no respect or degree
(f) In the legally authorized bonds or notes of a city in any of the States
the obligation of such municipal corporation to pay such bond, note or above named having a population according to the last preceding United
certificate so converted.
or State census of at last twenty-five thousand and an indebtedness
States
for
Sec. 28. Notes, bonds or orders issued as evidences of obligations
not exceeding five per cent, or a population of fifty thousand and an inmoney loane61 to a county,town,town school district, village or incorporated debtedness
not exceeding seven per cent of the last preceding valuation for
the
determining
in
deducted
be
shall
school or fire district of this State
of taxes, at the time of the investment.
average amount of deposits and accumulations under the provisions of the assessment
(g) In the legally authorized bonds or notes of a city in any of the States
Section 1, of No. 35 of the Acts of 1910. Bonds or obligations given or
a population according to the last preceding United
having
its
named
to
above
contrary
and
Act
this
by
created in excess of the limit authorized
States or State census of at least one hundred thousand;
provisions shall be void.
(h) Foreign Bands.—In the bonds of the United Kingdom of Great Britain
Sec. 29. This Act shall not affect rights now allowed any municipal
corporation by its charter provisions, nor any rights now or hereafter and Ireland, and the bonds of the Republic of France. [As amended in
granted by special Act of the legislature.
1919.]
(i) In the bonds of the Dominion of Canada and the various Provinces of
EXEMPTION FROM TAXATION.—Subdivision XII. of Section 496 of
Canada.
1908,
of
the Public Statutes of 1906. as amended by Act 23 of the Laws
In subdivisions (c) and (d) the word "indebtedness" shall mean the gross
provides that the following municipal securities shall be tax-exempt:
debt less debts created in anticipation of taxes to be paid within one year
XII. Notes, bonds or orders issued after Feb. 1 1907 as evidences or and the amount of any sinking funds available for the payment of such
lire
or
school
Incorporated
village,
town,
a
obligations for money loaned to
indebtedness; and in subdivisions (e) and • (f) the word "Indebtedness"
district, at a rate of interest not exceeding 4% per annum, for the purpose shall mean the gross debt less debts created in anticipation of taxes to be
of constructing, purchasing, or repairing water, sewer.or lighting systems
paid within one year, the amount of any sinking funds available for the
purpose
the
for
or
buildings,
permanent highways, bridges, walks or public
payment of such indebtedness and debts created for supplying the inhabiof refunding a debt contracted for any of the foregoing purposes.
tants of the municipality with water.
Banks may invest in bonds described in subdivision (h) not to exceed
SAVINGS BANK INVESTMENTS—PRIVILEGES AND RESTRIC' thirty
thousaad dollars by any one bank,and in addition thereto two per cent
the
regarding
Vermont
of
Laws
the
TIONS.—Several amendatory Acts to
of the deposits of such bank in excess of one million dollars; and in bonds deInvestments of savings institutions were passed by the Vermont Assembly scribed
in subdivision (I) not to exceed thirty thousand dollars by.any one
by
issued
bonds
Loan
Farm
in
investments
permits
these
of
One
of 1919.
in addition thereto five per cent of the deposits of such bank in
Federal Land banks; another authorizes investments in bankers' acceptances bank, and
of one million dollars; but nothing hereinbefore contained shall
and bills of exchange under certain restrictions: another broadens the pro- excess
in railroad aid bonds except such as are issued by
authorize
investments
of
United
Kingdom
the
of
bonds
the
in
investments
concerning
visions
municipalities in the State of Vermont or in bonds which are not direct
Great Britain and Ireland and the bonds of the Republic of France by re- obligations
of a municipality or in bonds of municipalities which have within
moving the qualifying clause reading "provided they are secured by col- twenty years
repudiated or compromised the payment of any debt or delateral deposited in this country and approved by the Bank Commissioner"; faulted for more
ninety days in the payment of any indebtedness,
still another changes tho provision for investment in this latter class of and the purchase than
of such securities is hereby prohibited. [As amended in
in
investment
for
and
(h)]
designation
the
under
,grouped
are
[which
bonds
1919.1
Canada
of
Provinces
the bonds of the Dominion of Canada and the various
[which are grouped under the designation (i)]. so as to enlarge the limitations
PUBLIC SERVICE COMPANY BONDS.
upon such investments which under the old law were expressed in the words
HI. For the purposes of this subdivision:
"Banks may invest in bonds described in subdivisions (h) and (I) not to
"Company" shall be construed as a corporation or voluntary association
exceed thirty thousand dollars by any one bank, and in addition thereto
under the laws of the United States, or any State thereof, located
one per cent of the deposits of such bank in excess of one million dollars," organized
and doing business principally within the United States;
the new words used, and printed below, permitting greatly increased invest- In.
"A public service company" shall be construed as a company doing prinments; a further amendment adds a provision at the end of subdivision (e) cipally
gas, electric, light, electric power or electric railway business
bearing upon the issue of county bonds, which says that bonds issued for serving athe
public generally;
building or improving roads shall not be legal unless they are payable ser"Mortgaged bonds" shall be construed as bonds secured primarily by
ially, the entire issue payable in not to exceed twenty years, the principal direct
and
lien upon physical property owned by the obliforeclosurable
proptaxable
the
of
all
and interest payable from a direct tax levied upon
erty, within the county—not alone that, but only such portions of such gator' in fee:
shall be construed as calendar years;fiscal years or nearer periods
bond issue are legal as fall due in not more than fifteen years from date of of"Years"
twelve months next preceding such investment;
issue; finally, the status of the railroads during Federal operation is fixed
"Net income" shall be construed as income after deducting operating
by providing that railroad bonds, which were legal investments for savings expenses,
taxes, insurance, rentals, guar.nteed interest and guaranteed
the
over
took
States
United
the
of
Government
the
when
time
the
at
banks
expenditures for maintenance; and
operation of the roads issuing the bonds, shall not become illegal invest- dividends, and
"Annual interest" shall be construed as interest actually paid in each
ments by reason of the operation of the roads by the Federal Government. year,
for the latest year, which shall be construed as one year's
that
except
part
form
now
they
below,
incorporated
been
have
amendments
All these
Interest on the total amount outstanding at the time of the Investment.
of Section 5363 of the General Laws of Vermont.
Not exceeding twenty-five per cent of the deposits of a bank shall be
invested in securities authorized under this subdivision and not exceeding
INVESTMENTS.
two and one-half per cent of such deposits shall be invested in the securities
SECTION 5363.—Assets, may be invested how and in what, limitations. of any one company,if such percentage be in excess of five thousand dollars.
The assets of banks shall be invested as follows:
No investment shall be made in the securities authorized under this
subdivision of a company or a public service company which is in default
FIRST MORTGAGES ON REAL ESTATE.
on any of its debt, or in the hands of a receiver.
No investment shall be made in the securities authorized under this subI. (a) In first mortgages of unincumbered real estate, not to exceed in
or public service company in
each case sixty per cent of the value of such real estate, if located in Ver- division unless the not income of the company
next preceding such investment shall
mont, and not to exceed fifty per cent of the value of such real estate if question in each of the three years
ono-quarter times the annual interest on
located elsewhere. Not less than a sixth of the amount of such mortgages have been not loss than one andguaranteed
interest, guaranteed dividends
shall be upon real estate in this State, treating mortgages made on lands in the entire funded debt, rentals,
paragraph "net income"
an adjoining State within twenty miles of the bank making such loan as and all fixed charges, and for the purpose of this
Vermont mortgage loans, and not more than eighty per cent of the amount shall be construed as income after deducting operating expenses, taxes,
of the assets shall be invested in mortgages of real estate; provided that not insurance and expenditures for maintenance. be made as follows;
Subject to the foregoing, Investments may
exceeding sixty per cent of the amount of such assets may be invested in
In first mortgage bonds and first and refunding mortgage bonds issued
mortgages of real estate outside this State. An investment shall not be
or assumed by public service companies and in mortgage bonds of the
made on mortgages of real estate outside of Vermont which is unimproved
in
companies
mortgages
controlled by such public service companies; for the
on
investments
such
and unproductive and the amount of
bonds of such companies are specifVermont shall not be more than forty per cent of the value thereof. A refunding of which mortgage in
each of the three years next, preically
reserved
provided that
corporation
or
association
partnership,
person,
any
to
loan
not
shall
bank
income shall have been either
net
the
investment
a
such
of
cedingi
members
individual
upon real estate mortgage (treating loans to the
not loss than one and
partnership as loans to the partnership) more than thirty thousand dollars, (a) not loss than five hundred thousand dollars and
on the bonds in question and all
interest
times
three-quarters
annual
the
excess
in
bank
such
of
deposits
the
of
cent
per
one
thereto
and in addition
prior liens, or (b) not less than one
of one million dollars. Provided, however, that upon the approval in writing other obligations of corresponding or
hundred fifty thousand dollars and not less than twice the annual interest
of all the trustees of the bank who are physically aole to act, a bank may
obligations of corresponding or prior
Increase a loan of thirty thousand dollars on Vermont real estate, as stated on the bonds in question and all otherfact
secured either by first lien on the
lien; provided that such bonds are in
113 this section, to one and one-half per cent of the deposits in excess of one
million dollars. A mortgage investment shall not be made except gpon the major portion of the mortgaged promises, or by a first and refunding mort-
.JUNE, 1919.1
VERMONT-DEBT OF STATE.
gage, or by a lien for the refunding of which bonds which are legal are
specifically reserved; and provided that the principal franchise or franchises of such companies extend beyond the maturity of the bonds in question or that such companies operated under indeterminate franchises or
permits subject to the regulatory supervision of a State commission of competent jurisdiction, or that in the case of electric railways not less than
seventy-five per cent of the mileage owned is located on private right of
way owned in fee.
TELEPHONE COMPANIES' BONDS.
IV. (a) In the bonds of telephone companies located in the United
States, when such bonds are in fact secured by a first mortgage or a first
and refunding mortgage, whether or not the bonds are so designated in
their title;
(b) Provided: That gross earnings of any such company shall have been
at least one million dollars for each of the last three fiscal years next preceding such investment, and provided further that gross earnings for the
fiscal year next preceding such investment shall have been at least forty
per cent of the total mortgage debt outstanding at the end of such fiscal
year; and
(c) Provided: • That net earnings for each of the said last three fiscal
'Tars, after deducting all operating expenses, maintenance and depreciation charges, rentals and taxes, shall have been at least two and one-half
times the annual interest charge on the entire mortgage debt outstanding
at the end of each of the said last three fiscal years next preceding such
investment; and provided further that in case additional bonds are issued
under the above mentioned mortgages during an incompleted fiscal year,
net earnings, as provided above, for the last available twelve months next
preceding such investment shall have been at least two and one-half times
the interest on all mortgage debt outstanding, including such additional
bonds issued.
In the case of the consolidation by a merger of two or more such companies
the first mortgage and the first and refunding mortgage bonds of the consolidated company and of the separate companies that composed the consolidated company, when such bonds are secured as provided in subdivision (a), shall be legal investments provided that the combined earnings
of the separate companies shall have complied with the requirements in respect to gross earnings in subdivision (b), and provided that the combined
net earnings of the separate companies shall have complied with the requirements of subdivision (c).
(d) In the bonds of telephone companies located In the United States,
when such bonds are secured by the deposit of collateral having a market
the par value of such
value of at least twenty-five per cent in excess
bonds; and
(e) Provided: That gross earnings of any such company shall have been
at least forty million dollars for each of the last three fiscal years next preceding such investment; and
(f) Provided: That not earnings for each of the said last three fiscal
years, after deducting all operating expenses, maintenance and depreciation charges, rentals and taxes, shall have been at least three times the annual interest charge on the entire funded debt outstanding at the end of
each of the last three fiscal years next preceding such investment, and provided further that in Case additional bonds are issued during an incompleted
fiscal year, net earnings as provided above for the last available twelve
months next preceding such investments shall have been at least three
Limes the interest on all funded debt outstanding, including such additional
bonds issued.
(g) In the bonds of telephone companies doing a general telephone business in this State.
(h) Provided: That gross earnings of any such company shall have been
at least fifteen million dollars for each of the last three fiscal years next
preceding such investment; and
(I) Provided: That net earnings for each of the said last three fiscal
years, after deducting all operating expenses, maintenance and depreciation charges, rentals and taxes, shall have been at least three times the
annual interest charge on the entire funded debt outstanding at the end of
-each of the last three fiscal years nest preceding such investment, and provided further that in case additional bonds are issued during an incompleted
fiscal year net earnings, as provided above, for the teat available twelve
months next preceding such investment shall have been at least three times
the interest on all funded debt outstanding, including such additional bonds
issued.
(j) Provided: That no investment shall be made In the bonds of any
such company mentioned in this section, which is lu default on any of its
debt or which is in the hands of a receiver.
But not more than ten per cent of the deposits; shall be so invested.
BONDS OF VERMONT AND NEW ENGLAND RAILROADS.
V. (a) In the notes or bonds of a railroad corporation incorporated
under the laws of Vermont, irrespective of the length of such road or the
motive power thereof, when issued in accordance with the laws of this
State and in compliance with the provisions hereinafter set forth relating to
bonds of New England railroads.
(13) In the bonds or assumed bonds of a railroad corporation incorporated
in any of the New England States at least one-half of the railroad of whose
is located in said States whether such corporation is in possession of and is
operating its own road or Is leased to another railroad corporation; provided,
either that such bonds shall be secured by a first mortgage of the whole or a
part of the railroad and railroad property of such corporation, or by a refunding mortgage as described in paragraphs (3) or (4) of sub-division (g)
or that if the railroad and railroad property of such corporation are unincumbeced by mortgage, such bonds shall be issued under the authority of
one of said States, which provides by law that no such railroad corporation
which has issued bonds shall subsequently execute a mortgage upon its
road, equipment and franchise, or upon any of its real or personal property,
without including In and securing by such mortgage all bonds previously
issued, and all its pro-existing debts and liabilities, which provision, so
enacted in such State, shall have been accepted by the stockholders of such
corporation; and provided, that such corporation has paid In dividends In
cash an amount equal to not less than 4% per annum on all its outstanding
issues of capital stock in each fiscal year for the five years next preceding
such investment:
(c) In the first mortgage bonds or assumed first mortgage bonds or in the
bonds secured by a refunding mortgage as described in paragraph (3) or
44) of sub-division (g) of a railroad corporation incorporated in any of the
New England States the railroad of whose is located wholly or in part
therein, which have been guaranteed as to principal and interest by a railroad corporation described in sub-divisions (a) or (b) which is in possession
of and is operating its own road;
(d) No bond shall be made a legal investment by sub-division (b) unless
the corporation which issued or assumed such bond has, during its fiscal
year next preceding the date of such investment paid In dividends on its
capital stock an amount equal to one-third of the total amount of interest
paid on all its direct and assumed funded indebtedness.
No bond shall be made a legal investment by sub-division (c) unless the
corporation which guaranteed such bond has, during its fiscal year next
preceding such investment, paid in dividends on its capital stock an amount
equal to a third of the total amount of interest paid on all its direct,
assumed and guaranteed funded indebtedness.
No bond shall be made a le.ral investment by sub-division (b) or (c) unless the corporation owns in fee not less than 100 miles of standard-gauge
railroad (exclusive of sidings) within the United States.
BONDS OF OTHER RAILROADS.
(e) Description of Corporation. In the mortgage bonds, as described in any
of the following subdivisions of this clause, of any railroad corporation ineorporated under the laws of any of the United States;
Provided, that during each of the ten fiscrl years of such railroad corporation next preceding the date of such investment—
(1) Such railroad corporation owned in fee not less than 500 MI1CS of
standard-gauge railroad, exclusive of sidings, within the United States, or,
if such corporation owned In fee less than 500 miles of such railroad, the
gross earnings of such corporation, reckoned as hereinafter provided, shall
have been not less than $15.000.000:
(2) Such railroad corporation shall have paid tile matured principal and
interest of all its mortgage indebtedness;
(3) Such railroad corporation shall have paid in dividends in cash to its
stockholders an amount equal to at least 4% upon all its outstanding
capital stock;
(4) The gross earnings from the operation of the property of such reitroad corporation, including therein the gross earnings of all railroads leased
and operated or controlled and operated by said corporation, and the gross
-earnings from the sale of coal from mines owned or controlled by it, shall
not have been less In amount than five times the amount necessary to pay
.the interest payable upon Its entire outstanding Indebtedness, the rentals
19
of all leased lines and the interest on all the outstanding indebtedness of
railroads, controlled and operated, which is not owned by said corporation,
after deducting from said interest and rentals interest and dividends received from the stocks, bonds or notes of railroad corporations not operated
by such corporation, which have been deposited with a trustee as the only
security to secure the payment of bonds or notes issued by such corporation.
but not in excess of the interest on such last-named bonds or notes;
And further provided, that—
(5) No bonds shall be made a legal investment by sub-division (g) in
case the mortgage securing the same shall authorize a total issue of bonds
which, together with all outstanding prior debts of the issuing or assuming
corporation, including all bonds not issued that may legally be Issued under
any of its prior mortgages or of its assumed prior mortgages, after deducting
therefrom, in case of a refunding mortgage, the bonds reserved under the
provision of said mortgage to retire prior lien debts at maturity, shall exceed three times the outstanding capital stock of said corporation at the
date or such investment:
(6) A bond shall not be made a legal investment by subdivision (I) or (j)
in case the mortgage securing the same shall authorize a total issue of bonds
which, added to the total debt of the guaranteeing corporation as defined
In paragraph 5, including therein the authorized amount of all previously
guaranteed bond issues, shall exceed three times the capital stock of such
guaranteeing corporation outstanding at the date of such investment; not
in case at such date the total debt of the corporation which issued such bonds
shall exceed three times its outstanding capital stock;
In the case of a mortgage executed prior to the twenty-seventh day of
January nineteen hundred and eleven, under which the total amount of
bonds which may be issued is not specifically stated, the amount of bonds
outstanding thereunder at the date of such investment shall be considered,
for the purposes of paragraph 5 and of this paragraph, as the total authorized issue.
(f) Definition of first mortgage. Whenever the term "first mortgage" is
used in the following sub-divisions, It shall, unless otherwise qualified, mean,
a first mortgage on not less than 75% of the railroad owned in fee at the
date of the mortgage by the railroad corporation on the railroad of which
such mortgage is a lien, but in no case on less than 100 continuous miles of
standard-gauge railroad, exclusive of sidings; provided that:
(I) Seventy-five per cent of the railroad subject to the lien of such mortgage is connected;
(2) For five years prior to the date of investment therein all the railroad
subject to the lien of such mortgage at the date of execution thereof has been
operated by, and its operations included in, the operations of the railroad
corporation which Issues, assumes or guarantees such bonds; and
• (d) The date of such mortgage is at least five years prior to the date of such
investment; except that a first mortgage given in substitution for and not
greater In amount than such a first mortgage, and covering the same railroad property,shall be considered to be In accordance with this requirement.
(g) Direct Obligations. In bonds issued or assumed by a railroad corporation described in sub-division (e) which are secured by a mortgage
which was at the date thereof, or is at the date of such Investment:
(1) A first mortgage on a railroad owned in fee by the corporation issuing
or assuming such bonds except that, if it is not a first mortgage on 75%
of all such railroad owned in feeby such corporation, It shall be a first mortgage on at least 75% of the railroad subject to the lien of such mortgage at
the date thereof; but if any stocks or bonds are deposited with the trustee
of such mortgage as part security therefor, representing or covering railroad
mileage not owned in fee, the bonds secured by such mortgage shall not become legal investments unless such corporation owns In fee at least 75%
of the total mileage which is subject to the lien of such mortgage and which
is represented or covered by such stocks or bonds:
(2) A first mortgage, or a mortgage or trust Indenture, which is in effect
a first mortgage upon all the railroad subject to the lien of such mortgage or
trust indenture by virtue of the irrevocable pledge with the trustee thereof
of an entire issue or issues of bonds which are a first lien upon the railroad
of a railroad corporation which Is owned and operated, controlled and opebroantds
ed: or leased and operated by the corporation issuing or assuming such
(3) A refunding mortgage wnich covers at least 75% of the railroad
owned in tee by such corporation at the date of such mortgage and provides
for the retirement of all outstanding mortgage debts which are a prior lien
upon such railroad owned in fee and covered by such refunding mortgage at
the date thereof; but it any of the bonds which such refunding mortgage Is
given to refund are secured on a railroad not owned In tee by the corporation executing such refunding mortgage, there shall be conveyed and assigned
to the trustee of such refunding mortgage either—
First. At least 75% of the railroad on which each issue of bonds to be refunded is secured, free from any mortgage lien except that of the mortgage
or mortgages securing the bonds to be refunded, or
Second. At least 75% of the outstanding bonds of each issue which is secured by a mortgage hen upon such railroad; and all of such railroad not
owned in fee which is so subjected to the lien of such refunding mortgage shall
be the railroad of one or more railroad corporations which are owned and operated, controlled and operated or leased and operated by the corporation
issuing or assuming said refunding mortgage bonds; but in no case shall the
bonds secured by such refunding mortgage become a legal investment unless
they mature at a later date than any bonds which such refunding mortgage is
given to refund, nor unless the total mileage subjected to the lien of such
refunding mortgage In accordance with the requirements of this paragraph
is at least 25% greater than the mileage covered by any one of the mortgages securing bonds which such refunding mortgage is given to refund; or
(4) A mortgage upon not less than 10% of the railroad exclusive of sidings, owned In fee at the date of such mortgage by the corporation issuing
or assuming such bonds, but in no case on less than 500 continuous miles
of standard-gauge railroad; provided, that:
First. Such mortgage is a first or second lien upon not less than 75% of the
total railroad covered by such mortgage at the date thereof, and which provides for the retirement of all mortgage debts which are a prior lien upon such
railroad owned in fee and covered by such mortgage, at the date of the
execution thereof; •
Second. The bonds secured by such mortgage mature at a later date than,
and cover a mileage at least 25% greater than is covered by,any of the bonds
secured by a prior lien mortgage so to be retired; and
Third. The date of said mortgage shall be at least five years prior to the
date of such investment.
(h) Bonds underlying refunding mortgages. Mortgage bonds or bonds secured by mortgage bonds which are a direct obligation of, or which have
been assumed or which have been guaranteed by endorsement as to both
principal and interest, by a railroad corporation whose refunding mortgage
bonds are made a legal investment under paragraphs (3) or (4) of subdivision (g); provided, that:
(1) Said bonds are prior to and are to be refunded by such refunding
mortgage;
(2) Said refunding mortgage covers all the real property upon which, the
mortgage securing said underlying bonds is a lien; and
(3) In the case of bonds so guaranteed or assumed, the corporation issuing
said bonds is owned and operated, controlled and operated or leased and
operated, by said railroad corporation.
(i) Guaranteed obligations. Bonds which have been guaranteed by endorsement as to both principal and interest by a railroad corporation which
has complied with all the provisions of sub-division (e); provided, that:
(1) Such bonds are secured by a first mortgage on the railroad of a railroad
corporation which is owned and operated, Controlled and operated or leased
and operated by the corporation guaranteeing such bonds.
(2) In the case of a leased railroad, tne entire capital stock of which, except shares qualifying directors, is not owned by the lessee, the rental includes
an amount to be paid to the stockholders of said leased railroad equal to at
least 4% per annum upon that portion of the entire capital stock thereof
outstanding which Is not owned by the lessee.
(j) Same. In first mortgage bonds of a railroad corporation which during
each of its ten fiscal years next preceding the date of such investment has
complied with all the requirements of paragraphs (2), (3) and (4) of subdivision (e), provided that such bonds are guaranteed by endorsement as to
both principal and interest by a railroad corporation which has complied
with all the requirements of sub-division (e) preceding paragraph (5) thereof,
notwithstanding that the railroad of such issuing corporation is not operated
by such guaranteeing corporation.
•
CORPORATION NOT TO LOSE CREDIT BY TEMPORARY DISTURBANCE OF RELATION OF GROSS EARNINGS TO
FIXED CHARGES.
(k)1Bonds which have been or shall become legal investments under any
at the provisions of this Act shall not be rendered illegal, although the corporation issuing, assuming or guaranteeing such bonds shall fall for a
period not exceeding two successive fiscal years to comply with the requirements of paragraph (4) of sub-division (e); but no further investment in the
bonds issued, assumed or guaranteed by such corporation shall be made
20
during such period. If, after the expiration of such period,such corporation
complies for the following fiscal year with all the requirements of subdivision (e), it shall be regarded as having complied therewith during
such period.
BONDS NOT ILLEGAL ON ACCOUNT OF CONSOLIDATION.
(I) Bonds which have been or shall become legal Investments under anof the provisions of this Act shall not be rendered illegal, although the property upon which they are secured has been or shall be conveyed to or legally
acquired by another railroad corporation, and although the corporation
which issued or assumed such bonds has been or shall be consolidated with
another railroad corporation, if.the consolidated or purchasing corporation
shall assume the •,,ayment of such bonds,and so long as it shall continue to
pay regularly interest or dividends, or both, upon the securities issued
against, in exchange for, or to acquire the stock of, the corporation consolidated, or the property purchased, or upon securities subsequently issued
In exchange or substitution therefor, to an amount'at least equal to 4%
per annum upon the capital stock outstanding at the time of such consoll
dation or purchase of such corporation which issued or assumed suchibonds.
CREDIT OF CORPORATION NOT LOST BY CONSOLIDATION.
(m) If a railroad corporation which has complied with all the requirements
of sub-division (e) preceding paragraph (5) thereof, except that the period of
compliance is less than ten, but not less than five successive years,) shall be
or shall have been, thereupon consolidated or merged with, or its railroad
purchased and all of the debts of such corporation assumed by, another
railroad corporation incorporated under the laws of any of the United States,
such corporation so succeeding shall be considered as having complied with
all the provisions of sub-division (e) preceding paragraph (5) during those
successive years next preceding the date of such consolidation, merger or
purchase, in which all such consolidated, merged or purchased corporations,
if considered as one continuous corporation in ownership and possession.
would have so complied; provided, that such succeeding corporation shall
continue so to comply for a further period which shall make such compliance
equivalent to at least ten successive years, but which shall be in no case
less than the two fiscal years next following such consolidation, merger or
purchase.
STATUS FIXED DURING FEDERAL OPERATION OF RAILROADS
[Added in 1919.1
(n) Railroad bonds which were legal investments for savings banks at
the Act of
the time when the Government of the United States, underthe
railroads•
Congress, approved Mar. 21 1918, took over the operation of
Issuing such bonds, shall not become illegal investments by reason of the
operation of the railroads by the Federal Government. The time during
which any such railroad is operated by the Federal Government shall be
excluded including the year in which the Government operation ends, in
determining the compliance of any such railroad with the provisions of this
section; provided, however, that in case a railroad corporation the mortgage
bonds of which would become legal for investment under subdivision (e)
of part V of this section upon its compliance with the requirements of said
subdivision shall have complied with the requirements of said subdivision
during the ten years or more next preceding Jan. 1 1918, such railroad
corporation shall be deemed to have complied with the requirements of said
subdivision during the period of the Government operation of its railroad,
including the year in which such Government operation ends, in computing
the time of compliance with the requirements of said subdivision.
BANK STOCKS AND DEPOSITS IN BANKS.
VI. (a) In the stock of any national bank in the New England
States and the State of New York; in the stock of any banking association
or trust company incorporated under the authority of and located in this
State; but no bank shall hold hank stock both by way of investment and
as security for loans in excess of 10% of its deposits, nor, in any one bank.
more than 5% of its deposits, or more than $35,000,or more than 10 rc. of
the capital stock of any one bank.
(b) A bank may deposit on call in banking associations or trust companies, approved by the Bank Commissioner of this State, and under the
supervision of the State or Feleral authority, in this State or in the cities
of New York, Boston, Chicago, Albany, Philadelphia or Concord, New
Hampshire, or in any other bank designated as a depository under the laws
Paul, Minneof the United States or in national banks in the cities of St. agreed
upon.
as may be
apolis and Kansas City, with or without interest assets
of such depositing
sums not exceeding in the aggregate 20% of the
banks.
LOANS ON PERSONAL SECURITY. INCLUDING COLLATERAL
LOANS.
VII. In loans or renewals of loans of the class hereinafter described, payable and to be paid or renewed at a time not exceeding one year from the
date thereof; but not more than a third of the assets of a bank shall be so
Invested nor shall a bank loan to a person, partnership, association or
corporation upon personal security (treating loans to the individual members of a partnership as loans to the partnership), more than ten thousand
dollars until a bank's deposits amount to one million dollars, after which
the sums so loaned may be increased one per cent of the deposits in excess
of one million dollars up to, but not exceeding fifty thousand dollars, or
(in cases where ten per cent of the capital and surplus exceeds fifty thousand
dollars) up to, but not exceeding, ton per cent of the capital, if any, and
surplus; but this limitation shall not apply to the purchase of municipal
or railroad bonds, or to notes with such bonds as collateral.
(a) A note bearing as makers, sureties, or indorsers, the signature of at
least two approved names of residents of this State, or of persons who reside within fifty miles of the bank making the loan;
(b) A note or accepted draft given by individuals, firms, or corporations
residing without this State, for goods manufactured within this State and
i;ttin this State and
sfIcatsrtaTe
nno
soonrsilrpgiltelo
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l efir
asutao
bleedtgyinalireid
woars
(c) A note of a corporation incorporated under the laws of this State,
with one or more substantial sureties resident in this State, or approved collateral at not more than eighty per cent of its market value;
(d) A note of a responsible borrower with a pledge as collateral, in such
form as the bank commissioner shall approve, of;
(1) One or more first mortgages of real estate such as might be lawfully
purchased by a bank, as in cases of mortgages bought by the bank, provided the amount of such note is not in excess of the amount which the bank
might loan on a note secured by mortgage on said land; or
more
(2) Municipal bonds in which the bank might legally invest, at not bank
than ninety per cent of their market value; railroad bonds in which thevalue;
market
of
per
their
cent
eighty
than
more
not
at
invest,
legally
might
and bank stocks in which the bank might legally invest, at not more than
eighty per cent of their market value; or
(3) Deposit books or certificates of deposit of depositors in banks of this
State, including national banks, at their full value, and in banks of any of
superthe New England States and of New York, under State or Federaltherein
vision, at not more than ninety per cent of the amount of deposits
shown, provided written notice of such assignments has been given to the
bank carrying the deposit; or
(4) Acceptances based on exports, imports or domestic commercial transactions, when the accepting bank is one that the law permits an account
with,and when such acceptances are drawn for not longer than ninety days;or
(5) Other collateral approved by the directors and bank commissioner,
at not more than eighty per cent of its market value, which shall be maintained during the life of the note;
(e) Commercial paper indorsed by banks in which the law allows deposits
on call to be made, to mature in not more than ninety days, the aggregate
amount of such paper in any one bank not to exceed the capital of a trust
company, and in the case of a savings bank not to exceed the amount of the
surplus which is in excess of five per cent of the deposits and other liabilities
except surplus; and a bank to which commercial paper is pledged as collateral security shall forthwith notify the maker and indorsers of such paper
that it has been so pledged;
(f) A note of a responsible borrower; provided, however, that the aggregate amount of such loans shall not exceed the average amount of the commercial deposits of a trust company for the six months next preceding or
the
e+ceed fifty per cent of the surplus of a mutual savings bank or exceed'
capital and surplus of trust companies having no commercial deposits.
BANK BUILDING.
VIII. Five per cent of the deposits of a bank may be invested in the
for the convenient transaction of its busibuilding
purchase of a suitable
ness, or a site therefor and the erection or repairs of a building thereon,
for its use a revenue may be derived.
required
not
which
of
portions
from
voL. 108.1
VERMONT-CITIES AND TOWNS.
REAL ESTATE TAKEN BY FORECLOSURE.
IX. A bank may hold real estate acquired by the foreclosure of a
mortgage thereon, owned by or pledged to such corporation, or by purchase
at sales made under the provisions of such mortgage, or upon judgment for
debts due, or in settlements effected to secure such debts; and such real
estate shall be sold by such corporation as soon as a reasonable price can
be obtained therefor and within live years after the same is vested in such
corporation, except when a majority of the trustees of such corporation
shall make application in writing to the Bank Commissioner, stating that,
in their opinion, the interests of such corporation require that such real
estate be held for a longer period than five years; in which event said Commissioner may extend the time of holding such real estate not to exceed
five years.
SECURITIES ACQUIRED IN SETTLEMENT OF INDEBTEDNESS,
X. A bank may hold stocks, bonds, notes or other securities not
the subject of legal investment acquired in settlements effected to secure
or adjust loans; but unless the length of time such securities may be held is
extended, as provided in the preceding clause, they shall be sold within
five years after being acquired.
XI. Farm Loan Bonds.-In Farm Loan bonds issued by Federal Land
banks in accordance with the prov.sions of an Act of Congress approved
July 17 1916, known as "The Federal Farm Loan Act." Approved
Feb. 27 1919.
XII. Bankers' Acceptances; Bills of Exchange; Notes. A bank may invest
in bankers' acceptances and bIlls of exchange, provided the same are
accepted by an incorporated savings bank or a savings bank and trust
company, or a national bank doing business in this State, or by a bank
incorporated in Boston, New York, or Philadelphia, to an amount not to
exceed 20% of its deposits; and a bank may invest in notes endorsed or
guaranteed by any of the above named banks to an amount not to exceed
20% of its deposits. Approved April 8 1919.
LIST OF RAILROAD BONDS PREPARED.
Section 5364. By Bank Commissioner -Not later than the first of March
in each year, the Bank Commissioner shall prepare a list of the railroad securities which .re then legal investment for banks, which list shall at all
times be open to public inspection, and shall send a copy thereof to every
bank coming within his jurisdiction.
The latest list of railroad bonds which are considered legal investments for
savings banks was issued by the Bank Commissioner on March 1 1916.
This list was printed in full In the "Chronicle" of May 18, 1918, page
2143.
CITIES, COUNTIES AND TOWNS IN THE
STATE OF VERMONT.
BAILEE.
This city is in Washington Co
Incorporated 1895.
aSchool Bonds.
4s '09 M-S $5,000c___Sept 1 1919
4s '14 A-0 49,000c_Apr 1 '24-'34
4s '14 A-0 65.500c_ _Oct. 1 1934
zRefunding Bonds, 1896.
J-J $57,500c_Opt. aft. 1914
4s
Water Bonds,
J-D $35,000e -- 1919-1925
48
J-D 35,0000 ..... -1921
4s
(Optional after 1916.)
46 '10 J-19 a45,000c_Dec 1 '19-'27
25.000e-Jan 1 1920
J-J
3 As
(Subject to call after 1916.)
J-J $60,000c-July 1 1922
314s
(Subject to call after Jan 11918.)
BOND. DEBT Dec 31 '18_3377,000
65,841
Floating debt
200,000
Water debt (included)
101,930
Sinking fundl General
6.751
1 Water
4,756.023
Assess. val. real
1,220.549
Assess. val. personal
610,600
Other assessable property
Total Val. '18(%act.)__.._6,587,172
Total tax (per $1,000) 1918_328.50
12,500
Pop.'10, 10,374;'16
INT. on bonds marked (x) at Nat.
at
(a)
Boston;
Redemption,
of
Bk.
City Treas. office, others at Nat.
Rank of Barre.
Assess. val.'18(80% act.) 8902,464
Village tax (per $1,000) 1918.. $7.50
Pop'n 1910, 1,180; 1918 (est.). 1,500
INT. at the First Nat.Bk.,Boston,
B OR.LLNGTON.
This city is in Chittenden County.
Incorporated Fee. 21 1865.
Electric-Light Bonds.
1 1934
4s '04 J-J
4s '06 J-J
39,000c-July 1 1936
41 '10 J-D 53,000o- -Dec 1 1935
4s '14 M-N 50.000___Nov 2 1934
Street-improvement Bonds.
3;is
$30,000r_ __July 1 1921
School Bonds.
33s
J-J $85.000o. __July 1 1923
J-D 25,000c. _Deo 1 1924
3345
334s'01 M-N 32,000r-May 1 1921
38.0000-July 1 1934
4s '04 J-J
July 1 1939
38,000c
4s '09 J-J
20,000e_ __July 1 1934
4s '14 J-J
School Refunding Bqnds.
4s '15 A-0 325,000c__Oct 1 1935
Filtration-Plant Bonds.
A-0 $51.000c_ -Oct 1 1928
4s
Refunding Water Bonds.
4s '06 J-J $100,000c&r_July 1 1926
Railroad (Red. beg. Apr. 1 '11).
la
A-0 $50,000c_ ...Apr 1 1931
Refunding Bonds.
4s '04 A-0 $87.000c_ __Sept 1 1929
BOND. DEBT Apr 7 1919 $844,000
88,206
Sinking fund
Elec. bds. exempt by spec.
200,000
Act (incl. above)
BENNINGTON. TOWN.
209,000
Water debt (incl.).
A shire town in Bennington Coun- Assess. val.'17 (80% act.)19,504,646
ty. Incorporated Feb. 11 1762.
Tax rate (per $1,000) 1917__$20.00
Refunding (Int. at Treas. office.) Pop. '10, 20,467; 1918 (est.) __23.000
45
J-J 385.0000_
INT.at Fourth Nat. Bank, N. Y
$85,000 and at City Treasurer's office.
BOND,DEBT Apr
Total valuation 1918------6,025.844
Tax rate (per $1,000) 1918.--$33.50 ESSEX JI7NOTION.
Population in 1910............8.698
This village is in Chittenden Co.
Inc. 1892. Population 1910, 1,245.
Village Building Bonds.
BRANDON GRADED SCH. DIST. 4s '13 J-J
$7.000___July 1 1933
Water
bonds
435,000
This district (P.O. Brandon) is in School bonds
27,000
Rutland County.
BOND. DEBT May 1919
69,000
Refunding Bonds.
5,600
Floating debt
1 '22-'27 Total sink. funds
1Nov
$12,000c
14,000
($3,000 every two years)
Assess. val. 1916 (70% act.).951,323
Nov 1 '23-'27 Total tax (per $1,000) 1916 ---$25.00
Is '17 12,000c
($4,000 every two years)
M-N
x INT. at First Nat. Bank, N. Y.;
Nov 1 '29-'37 other at First Nat. Bank,
36,000c
Boston.
BOND. DEBT April 1914- $60,000
80,000
Water debt (add'I)
FAIR
HAVEN.
Assessed valuation 1918......1,205,878
This village is in Rutland County.
Total tax rate (per $1,000) '17-$8.00 Inc.
Oct. 1865. Int. at Treas.office.
2,712
Population 1910
Water and Sewer Bonds.
INT. on 4s of 1917 payable at 4s
J-D $46,000c.. June 1 1923
Boston.
Bank,
First Nat.
(Subject to call June 1 1913.)
F-A $8,500r..31.000 yearly
334g
BOND. DEBT Apr 8 1919 $54.500
BRATTLEBORO.
2,078
This town is in Windham County. Floating debt
Cash in treasury
3,013
Sidewalk Bonds.
1,608,698
4s '12 J-J 315,000c____Jan '20-'22 ASSEKS. val. 1918
4,000c. __Jan 1 1935 (Assessment on real estate is at full
4s '15 _
Jan 1935 value; on personal at about 2-3 of its
9.000c
4s '15 ___
actual value).
Brattleboro House 5c Refund.
__ $18.000_ _ _Jan '21-'25 Total tax (per $1,000) 1919____32.50
4s '13
2,554
4s '18 J-J $21,000c ._._1923-1932 Population in 1910
Work at Railway Station.
I r. at First•N It. 13k.,Pairhavea
4s '15 S-J $15,000cJan 1 1933
Bridge Bonds.
HARDWICK.
33 '03 A-0 $29,000c_Apr 1 1923
This village Is in Caledonia County.
(Subject to call Apr 1 1913.)
Inc. Nov. 15 1890. Pop.'10. 2,094.
Street Bonds.
Water Bonds.
43 '17 J-J $16,000c. Jan 1927-'30 3.70s M-N $9.000c
1919
BOND.DEBT June 1 1919 $129,000
School Bonds.
10,000 4s & 5s J-J $10 800c ____1919-1927
Floating debt
8,367,800
Total val. 1918
Electric-Light Bonds.
Total tax rate (per $1.000)'18-322.00 4s '11-'12 J-J $65,000c July 1 1931
7,964 4s '13
Population in 1910
J-J 41,000c
1932
1924
- 19,000c
INT. at People's Nat. Bank in
BOND. DEBT Apr 1918_- $140,000
43Brattleboro.
Assess. val. real
1,046,171
Assess. val. personal
116,200
BRISTOL.
This village is in Addison County. Total val.'16 (2-3 act.)_ __ _1,162,371
Tax rate (per $1,000) 1918.---36.00
Incorporated FeO. 26 1903:
INT. payable at Hyde Park Bank
Water Bonds.
J-J $46,000c--31,000 yrly and C. D. Parker & Co., Boston,
4s
$16,000 Procter Trust (Jo., Procter, and
BOND. DEB I' Apr 8'19_
15,000 Village Treasurer's office.
Floating debt
JUN?, 1919.]
HARTFORD.
Refunding Bonds (tax-free).
4s '10 A-0 $75,000c Apr 1 '20-'34
BOND. DEBT Jan 1 '19-- $75,000
Floating debt...-.-.- 13,798
Assess. val., real estate..__ _2,936,255
Assess. val., personal
1,187,457
Other assessable property
2,294
Tot. assess. val. '18 (A to
4,126,006
% act.)
Total tax (per 51.000) 1918_425.00
Pop. '10, 4,179; 1918 (est.)__4,200
/NT. payable at Treasurer's office.
MASSACHUSETTS-DEBT OF STATE
21
School Debt.
WINOOSKI.
BOND. DEBT Apr 1919_
ts
M-N $10,0000-___Nov. 1919
This
is in Chittenden Sinking fundsf General _ _ __ $109,000
4s
3,131
M-N 30.000c... May 1925 County. village
Population 1910, 4.520.
Apr 1 19191Water
4s g '07 M-N 50,000c ___May 1 1937
23.407
Refunding Bonds.
Assessed valuation 1917_ _2,169,448
45
11-N 20.000o.... May 1938 48 '14 J-J $70.000___
_Jan
1
Tax
1939
rate
(per $1,000) 1917_42.95
4s '13 M-N
6,000„Nov 1 '19-'21 Water bonds
325.000
INT. at Winooski Say. Bk. and
4s '16 J-J24,000c_July 1 22-'33 Sewer bonds
14,000 Champlain Trust Co.
1,000c__ _July 1 1934
BOND. DEBT Jan 1 '19.. $550,000
SinkingCieneral
240,079
fund Water
77,884
Water debt(included)
72,000
Assess. val. real
7,747,248
ITS
Assess. val. personal
2,806.037
MIDDLEBURY.
Other assessable property.. 821,200
DEBT, RESOURCES, &c.
A village in Addison Co. Inc. Total val. '18 (2-3
act.)_ _11,374,48
1816. Population 1910, 1,866.
Tax rate (per $1,000) '18-- -320.005 Admitted as a State
One of Original Thirteen
Sewer Bonds.
Pop. '10, 13.546; '18, 15,000.
Total area ot State (square miles)
5s
Var 810,5(Or_(Subj to call)
8,315
INT.
at
First
Nat.
Bank,
Boston
Water Bonds.
State Capital
4s
J-J $30,000c --------1921
Boston
43
M-N 50,000c_ __May I 1941 ST. ALBANS.
This city is in Franklin County. Governor (term exp. 1st Wed. Jan. 1920)___Sabrin Coolidge
(Subject to call May 11921.)
BOND. DEBT Jan 11918.. $90,500 This city was organized March 2 1897 Sec.of State(term
exp. 3d Wed.Jan.1920)_AlbertP.Langtry
and
comprises the most populous
Floating debt
3,755
Sinking fund (water)
19,160 portion of the town of St. Albans.
Treasurer (term exp. 3d Wed. Jan, 1920)....Chas.L. Burrill
Street Bonds.
Assess. val. '17 (2-3 act.)_ _1,622,316
Tax rate (per $1,000) 1917_423.50 4s '09 P-A $25.000c_Oct 1 '19-'23 Auditor (term exp. 3d Wed. Jan. 1920)__A
lonzo B. Cook
/NT. at Nat. Park Bank, New York 113 '10 J-D 10,000c_June 1 '19-'20
is 'II J-D
5,000c_June 1 '19-'19 Attorney-General
Henry
C. Atwill
4s
'15
_ 15,000.._June 1 '26-'27
MONTPELIER.
Water_-Bonds.
LEGISLATURE meets annually the first Wednesday in
The city is situated in Washington
January, and
County. On March 5 1895 the town, Is '12 A-0 $60,000c __Oct 1 '28-'31 sessions are not limited as to length of time.
Permanent Improvement Bonds.
HISTORY OF DEBT.-For early
village and school district were conof the State debt see "State
4s '03 Nov $7.000oNov 2 1923 and City Supplement" of April 1895,history
solidated under a city charter.
page 18. The debt at present is
4s '04 May 7,000c
School Bonds.
May 2 1924 given in detail in the following table. All loans are payable,
both prinSchool District Bonds.
cipal and interest, in gold.
3 1-5s '00 11-N $30.000r_Nov 1x1920
4s '12 A-0 100,000c
Apr 1 z1932 48 '96 J-D $3,000c_Dec 30 '19-'21
Abolition of Grade Crossings.
Prisons
43
and
'II
Hospital
J-J
35,000c_Ju
Loans.
ly 1 '21-'27 3 xsg M-N $4.500,000c&rNov 1'23
Bridge Bonds.
g 11-N $721,600r Nov 1 1931
Sidewalk Bonds.
3 1-53 '00 A-0 $15,000r_Nov 1 z1920
3sg'94-'95M-N 500,000r Nov 1 1923 334s
3s '01 11-N
is '05 June $7,000c __June 7 1925 3
200,000r Nov 1 1931
Poor Farm Bonds.
Xsg 98M-N 1,500,000r May 1 1928 3 Xgsg'03M-N
746.650r
U.
S.
May
Deposit
1 1933
Fund Bonds,
434s'15
$15,000
1921 434s'12
3s g '99 11-N 1,500,000r May 1 1929 3l4sg'04M-N
507.250r May 1 1934
A-0 $12.000e-Apr 1 '20-'22 344sg'02MCity-Hall Bonds.
N
300.000r May 1 1929 3 Xsg'05M-N 300.000c&r
May
1
1934
3 X s'07 M-N $30,000c _May 1 al927 BOND. DEBT Apr 30'19 $186,000 34sg'07M-N
500.000r Nov 1 1936 3 X sg'06M-N
404,000r Nov 1 1935
45 '09 F-A 120,000c _- _Aug 1 z1929 Water debt (included)-- 60,000 3 Xsg'07M-N
500,000r Nov 1 1937 3 X sg'0611-N
166.000r
Nov
BOND. DEBT Apr 7 '19_ _ $310.000 Assess. val.'18 (abt. act.) 4,696,794 3 Xsg'09M-N
1
1936
250.000r Nov 1 1938 3 Xsg'07M-N
237,200r Nov 1 1937
Sinking funds
15,295 Tax rate (per $1,000) 1918- -420.00 38 g '09 M-N
250,000r Nov 1 1938 3s g 09 M-N
125,000r Nov 1 1938
Assessed valuation 1918_ 7.728,348 Population in 1910
6,391 3 Xsg'09M-N
500.000 Nov 1 1939 3 Xsg'09M-N
130,800r Nov 1 1938
Total tax (per $1,000) 1918-$23.20
3
Asg'11MN i289,000 Nov1'19-'35 3 44sg'09/1-N 2,149,000
INT. at First Nat. Bank, Boston.
Nov 1 1939
Population in 1910.
..7,858
75,000 Nov1'36-'40
g M-N
262.000rNov 1'19-40
z Subj. to call 10 yrs. bet. maturity.
3Asg'12M-N 306,000 Nov1'19-'36 3143
58'07 M-N
SPRINGFIELD.
219.000_Ja
a 15 years before maturity.
n
1937
75,000 Nov1'37-'41
(or before, at option of State.)
This village is in Windsor County.
INT. at Treas. office, Old Colony Inc.
Bonds.
48 g '16 M-N 2,500_ _ _Nov 1 1919
1866. Population 1910, 3.250 3s Armory
Trust Co., Boston, Montpelier Say. 43
g
11-S
355,000rSept 1 1920
M-N *4140,00001$5,000 yearly 38 g '92 11-S
*Metropolitan Sewer.
Bk. & Tr. Co. and Capital Say. Bk. 38
95.000r Sept 1 1921
M-N
20.000c(after 10 years
& Tr. Co.. Montpelier.
11-S $6,100,000rJan 1 1930
100,000r Sept 1 1922 38 g
BOND. DEBT May 27 '18 $155,000 3s g '93 11-8
3s
g '94 11-S
M-S
500,000r Mch 1 1935
123,000r Sept 1 1923 35 g
Floating debt (add'1)
25,000 35 g
M-S
150,000r Sept 1 1925 3 Xs g M-S
495.000r Jan 1 1930
MORRISVILLE.
Assess. val. '17 (abt.acct.)_4,486,966
M-S
312.000r Mch 1 1927 3 Xs g 11-S
339,000r Mch 1 1935
This village is in Laments Courry Total tax (per $1,000) 1918---315.00 3s g
3s g '02 11-8
11-3 1,024,912r July 1 1939
38.000r Sept 1 1931 3s g
Electric Light Bonds (tax-free).
*INT. at Harris. Forbes S; Co., Inc., 3 Xs g M-S
M-S
140,000r Sept 1 1931 38 g
65,000r Mch 1 1936
4s '09 F-A $72.000c.... Feb 1 1929 Bast.; others
at 1st Nat. Bk., Spgfd. 38 g '02 11-S
75.000r Mch 1 1932 3345 g M-S 3,586,000rJuly 1 1940
4s
F-A 1(1,000____Feb 1 1920
38 '02 M-S
8,000_Mar 1 1927 3 Xs g 11-S 1,046,000r Jan 1 1943
BOND. DEBT Apr 1 1918 -$82,000
3 Xsg 11-S
62,000r Sept 1 1934 33-is g M-S
305,000r July 1 1943
Floating debt
2,000 SWANTON, TOWN.
M-S
392,000r July 1 1944
65,000r Sept 1 1934 3 Xsg'0411-S
Sinking fund
This town is in Franklin County. 3s g
9,000
3 4sg'05M-S
33,000r Mch 1 1935 3 Xsg'06M-S 1,175,000 Jan 1 1946
Assessed val. '17(X act.)_1.331,985 Population 1910, 3,628.
3 3jsg'05M-S
150,0000 Jan 1 1949
10.000r Sept 1 1935 3s g 09 M-S
Tax rate (per $1,000) '18_ _ _.527.00
Railroad Bonds.
3%sg'05M-S
263,0000Jan 1 1949
5,000r Sept 1 1934 3 sg'09M-S
Pop. '10, 1.445; '18 (est.). 1.600. 3343
$24,000c_July 1 '19-'26 3
sg'05M-S
3
X
33-43
g M-8
44.000r-Ja
1,000r
Mch
n 1 '20-'41
1
INT. at First Nat. Bank. Boston.
1927
School Bonds.
3 Xsg'07M-S
1,500r Sept 1 1921 48 g '13 J-J 318.400r_Jan 1 '20-'52
{33,750c ___1919-1921 3343 '07M-S
48
'15
g
J-J
176.500r_J
20,000r
an
Sept
1 '20-'36
1
1935
NORTHFIELD.
10,000c ____1923-1927 3 xsg'06M-S
136.000r_Jan 1 '37-'45
64,000r Mch 1 1936
This village is in Washington Co.
25.000c __--I928-1932 3 3sg'0711-S
62,000rJan 1 '20-'50
230.000r Mch 1 1937 'lag '16 J-J
BOND. DEBT Apr 1919..
Water Bonds.
$63,000 3 xsg 07M-S
180.000_Jan 1 '20-'37
22,000r Sept 1 1937 'lag '16 J-J
3 Xs
M-S $54.000c_Mch 1 '20-'37 Assess. val.'18- ..
1,948,030 3 xs g 11-S
135,000_Jan 1 '38-'52
55,000r Sept 1 1935 'lag '16 J-J
BOND. DEBT Apr 1 '19-- $54.000 Tax rate (per $1,000)
_ _ _$20.00 3Xsg'08-'0911-S 421,000r
4s '17 M-S f 24,000_Sept 1 '19-'21
Mch
1
1938
Floating debt
2,700
1245,000_Sept 1 '22-'56
100.000r Sept 1 1938
334s g 11-S
Assess. val.'18 (abt. act.)-1.120.000 SWANTON, VILLAGE.
3s g '09 11-S
5.000r Mch 1 1938 4,s '17 M-S 38,000_Sept 1 '19-'56
Tax rate (per $1.000)
This village is in Franklin County. 3s g '09 11-S
30.00
40,000r Sept 1 1938 53 '17 M-S f 90,000_Sept 1 '19-'27
Population in 1910
----------1,918 Population 1910.1,236.
3 Xsg 09M-S
100.000 Sept 1 1939
122 5000_Sept 1 '28-'52
INTEREST payable at Northfield
*Refunding Bonds.
340 g 11-S 294,209rSept 1 '19-'41
Soldiers' Gratuity Bonds.
Nat. Bank.
34.000c_Aug 1 '20-'23 4s '13 M-S
296,640.Sept 1'19-'42 45 g
P-A$192,0
00r--Aug 1 '19-'22
4s
'16 F-A {16,000c_Aug 1 '24-'31 4s '14 M-S
PROCTOR.
611.058.Sept 1'19-'43
Port of Boston Bonds.
This village is in Rutland County.
30,000c_Aug 1 '32-'41 4s'15 M-S
111.400.Sept 1'19-'43
Water
Inc. 1884. Population 1910. 2.758.
Bonds.
4s g '16 --130.000rSept 1'19-'44 48 g '13 F-A$2,550,000r Aug 1 '19-'52
-8
--Water and Sewer Bonds.
320.000 -___1919-1928 43 '17 M-S
95.000Sept 1'19-'37 48g '14 P-A 2,625.000r Aug 1 '19-'53
3s
J-J $85,000.....Jan 1 '20-'36
65,000
131,500Sept 1'19-'25 is g '15 F-A 900.000r Aug 1 '19-'54
1929 5s '17 M-S
TOTAL
DEBT
Ref. & School Bonds.
1.000Sept l'19-'314
1
$175,000
900,000.Aug 1 '19-'36
Water debt
_s
___ $55,000
91,000 43%s'18 M-S 2,000__Sept 1 '19-'20 434 '17 F-A 950,000_Aug 1 '19-'57
BOND. DEBT Apr 7 1919_ $120,000 Assess. val.(75% act
Harbor Improvement.
635,155
Hospital
Loans.
Tax
rate 1916
Total assessed val. 1918_ -.2,929.532
$27.60 3Asg'97J-J $500,000r......Jan 1 1937 35 g
11-N $332,500r Nov 1 1925
Total tax (per $1,000) 1918-317.00
*INT.at Old Colony Tr. Co., Bost. 48 g '15 J-J 180.000r_Jan 1 '20-'25 3
INT. at Village Treasurer's office.
128,000r Nov 1 1925
100.000r_Jan 1 '26-'30 38lisg'01M-N
g
M-N
110,450r May 1 1929
48
'16.g
275,000r_J
an
1
'20-'30
RICHFORD.
VERGENNES.
3 Ms g 11-N
73,000r May 1 1929
*Charles River Basin.
This city is situated in Addison
This town is in Franklin County.
33-is g 11-N
200,000r May 1 1933
Co. Inc. in 1788. Pop'n '10,
3 Msg'04J-J
$250.000r Jan 1 1944 3 X sg'0611-N
Town Hall Bonds.
75,000r
1,633. 3
Nov 1 1935
Xsg'05J-J
Water Bonds.
400,000c&rJan 1 '45 3 As g M-N
4s ___s-a $23,000c ____1922-1932
80,000r Nov 1 1936
4s '08 J-J $25.000c_Jan 1 1929 3$43g'06J4
600,000r Jan 1 1946 3 X sg'07M-N
School Bonds.
300,000r Nov 1 1937
3
34sg'07J4
1,150,000c &rJan 1 '47 3 Xs
Refunding Water Bonds.
45 '17 M-S -1336,000c_Sept 1 19-'27
M-N
133,000 Nov 1 1939
400,000r Jan 1 1948
1 2,000c---Sept 1192$ 48 '14 ___ $20,000____Sept 1 1934 3 Xsg'08J-J
State-House Construction.
3s g '09 J-J
BOND. DEBT Apr 30 1919_$61,000 Sewer loans
425,000r Jan 1 1949
$5.000 3
g '14 A-03377.000r_Oct 1 '19-'34
Xsg'09J-J
Floating debt
425.000r Jan 1 1949
11,000
2.569 Floating debt
Xsg'10J-J
Population in 1910
475.000 __Jan 1 1950 4,s '15 A-0 240,000r_Oct 1 '19-'34
2,907 TOTAL DEBT Mar 1919 $77,000 3
3As g J-J 237,000r_Jan 1 '20-'50 45 g '16
85,000r__Oct 1 '19-'35
INT. on school and town hall Sinking fund (water)
5,700
45 g '16
525.000r.._ _Oct 1 '19-'39
bonds is payable at First National Tax val. 1919 (2-3 act.)
901,274 48 g '14 J-J 34,875 *Jan 1 '20-'54 4s
1440,000.0ct 1 '19-'29
32.000r_Jan 1 '20-51
Bank, Boston; on railroad bonds at Tax rate (per $1,000) 1918-$26.00 49 g'161245,000.0ct 1 '30-'36
Richford Say. Bank & Trust Co.
INT. at First Nat. Bank, Boston,
Military Service Bonds.
33.0'16 __ 100,000___Sept 27 1919
Massachusetts War Loan
ROCKINGHAM.
33%s'17 ___ 300,000_May 1 '20-'22 3s g
A-0 S1,240.000r_Aprl 1928
RY.
This town Is in Windham County. WATERBU
This village Is In Washington Coun- 48 '17 __- 300,000.May 1 '20-'22 43%s'18 s-an 350,000__Ncw 1 '19-'28
Town Hall Refunding Bonds.
Inc. Nov. 2082. Pop.'10, 1.377 4343'17 M-S 300,000-May 1 '20-'22 43%s'18 s-an I61,000__Nov I '19-'28
___ $20,000 ___ -$2,500 yrly ty.Water
_s
Bonds.
Highways.
*Water Loan (Metropolitan).
School Bonds.
15 J-D $32.000c_June 1 '19-'34 3 Xs g A-0 $1,300.000r Apr 1 1920
4s '16 J-J 524.500_ _32,500 yearly 43.
3 lisg'95J-J $13.000,000c July 1 1935
Sewer Bonds.
3 Xsg'97A-0
700,000r April 1927 334398
Refunding Bonds.
J-J 4,000,000c Jan 1 1938
4s
'09
M-N
325,000c_O
Xsg'98A-0
3
or
n
300.000r
bet.
Apr 1 1928 3sg'99-00J'19
_s
___ $50.000
4,000,0000 July 1 1939
DEBT Apr 1914)- $57.000 3s g
A-0
800.000r Apr 1'29-30 35 g '01 J-JJ 6.900,000c
4s '14 J-J 30,000__July 1 '19-'31 BOND.
&rJan 1 1941
Assessed val. 1918_
350,000r Apr 1 1931 3343 g J-J
- 982,361 3s g '01 A-0
BOND. DEBT May 1 1919 $125,000 Tax
3,100,000r
Jan 1 1941
rate
'02
3s
(per
A-0
g
$LOW)
10,000r
Apr 1 1932 3 34sg'02J-J 3.500,000r Jan
--$5.40
Total assessed val. 1918- _5.746,001
665.000r Apr 1 1932 3 Xs g J-J 4,000,000rJan 1 1 1942
INT. at Waterbury Say. Bank & 3343 g A-0
Tax rate(per'31,000) 1918--422.40
'43-44
3
Xsg'03A-0
400.000r
Trust
Apr
1
1933
Co.
Population in 1910
35sg'05J-J
Jan 1 1945
6.297
3348 g A-0
816.900 Apr 1'20-'38 3 Xsg'06J-J 650.000c&r
1,350,0000 Jan 1 1946
334s g A-0
RUTLAND.
843.500rOct 1 '19-41 334sg'09J-J
WINDSOR.
199.000c Jan 1 1949
38 g
This city is in a town and a county
A-0
130.300 Oct 1 '19-39 3s g '09 J-J
This village is in Windsor County
199,000c Jan 1 1949
338'09 A-0 110.730__Oct 1 '19-'39 3
of the same name. Inc. as a town Inc. 1884. Population 1910.
tisg'10J-J
500.000 Jan 1 1950
1.906. 3s'10 A-0
Sept. 7 1761; city Nov. 19 1892.
191,861__Oct 1 '19-'39 3As'll J-J 160,000__J
Street Bonds.
an 1 '20-'51
General Debt.
4s
_
$22,000-$1,000 yearly 33s'11 --- 223.000.0ct 1 '19-'40 334s' 12 J-J 155,200- Jan 1 '20-'51
3343'12 --- 320.000.0et 1 '19-'41 3543 g J-J
4s
J-J $25,000c-.June 1926
Sewer Bonds.
325.460r_Jan 1 '19-'52
4s g
M-N 100,000c-...May 1924 48 '11 J-J $11,000c- Jan 1 1931 330'15 A-0 501,000_0ct'1 '19-'28 45
g '14 J-J 225,000_ Jan 1 '20-'52
2.000r_Oct 1 '19-'20
43 g
M-N 50,000c __ __Nov 1924
Refund. & Str. Inapt. Bonds.
1338.000r_Jan 1 '20-'45
3%s g '16- 1172.000r_Oct 1 '19-'22 48 g '15 J-J 1100,000r_
4s
11-N 21.000c-- Nov 1938 48 '15 J-J $24.000c__part
yearly
Jan 1 '46-'55
t288.000r_
Refunding Water Debt.
'23-30
Oct
1
beginning Jan. 1 1917
146,000r_Jan 1 '20-'42
'16
J-J
g
4s
'13
A-0
J-J 530,000c.- -- _Jan 1929
,
334s
_
1 '19-'22
Refunding Water & Sewer Bds
14,000r_Jan 1 '43-'56
300,000_0ct 1 '23-'27 4s '17 J-J 40,000Ja
Water Debt.
48 '09 J-J $15,500c_July 1 '19-29
n 1 '20-'47
48 '14 --- 387,500_0ct 1 '19-'23
48 g
M-N $10,000c ..Nov 1924
Refunding Water Bonds.
*Court-House Bonds.
295,000_0ct 1 '24-'28
48 '09 J-J 1116,000c_July '19-'29
Water Note.
4sg '16 A-0 252,000rOct 1 '19-'25 3543 g M-S $224.200r Mar 1 '20-'38
11-N $2,000--- --Nov 1925 BOND. DEBT Apr 8'19- 1$88,500
4s
140,000rOct 1 '26-'29 3343 g M-8 369.500 Sept 1 '19-'39
Sewer Debt.
Floating debt
12,255
Lis g
M-N525,000
Medfield Insane Asylum.
Nov 1924 Assessed valuation 1918 -1,911,590 4s '17 A-0 288,0OOOct 1 '19-'26
140,000_0c
4s g
M-N 75,000c--May 1 1926 Tax rate (per $1,000) 1919
-46.50 4s '17 A-0 J270,000.0 t 1 '27-'30 3 Xsg'94A-0 $700,000r Apr 1 1924
M-N 16,000o-- May 1938
4s
ct 1 '19-'21 3 Xs g A-0
174.300r April 1927
INT.
on
$22,000 43 and 4s of
1445.000.0ct 1 '22-'26 3 hsg'03A-0
School Note.
165,500r Apr 1 1933
'15 at State Nat. Bank, Windsor,
430'17 A-0 1324,000_0ct 1 '19-'27 3X sg'04A-0
11-N $5,000
4s
Nov 1925 on 43 '09 and 4s of '16
108,000r Apr 1 1934
at
Old
Colony
1140.000_0ct 1 '28-'31 3 Xsg'07A-0
City-Hall Bonds.
22.000r Apr 1 1936
Trust Co., Boston; other debt at 015'18 s-an 136,000___
Oct 1 '19-'28 4 Xs'18 s-an 161,000„Jan 1 '20-'49
34s g 11-S 320.000c --Sept 1 1931 office of Treasurer.
135,000___Oct 1 '29-'32 43.48'18 s-an
I
3,500__Jan 1 '20-'22
State of Massachusetts.
MASSACHUSETTS-DEBT OF STATE.
22
•
[Vol,. 108.
restore the
of 1914 an amount necessary to redeem the notes and
34,500r Jan 1 '20-'51 tax levy
33s '11 J-J
*Parks (Metropolitan).
if to do this would impose too great a burden,they could borrow
9,750 Jan 1 '20-'32 funds, or
s'12 J-J
years.
15
exceed
to
not
a
period
for
330 g J-J $1,800,000r Jan 1 1934 3 '13
purpose
the
for
1
'20-'31
48,300Jan
debts may be
34s g J-J 2,600,000rJan 1 1936 4s '14 J-J
Section 5 of Chapter 719 specifies for just what purposes
12.375 Jan 1 '20-34
J-J
what periods
33isg'97J-J 2,400,000r Jan 1 1937 4s
within•the limit fixed by Section 12,and states also forof
3,000-Jan 1 '20-'25 incurred
the issuance temporary
9
authorize
and
1,100.000r July 1 1938 45 '15 J-J
3,4
Sections
run.
3Msg'98J-J
shall
debt
such
an 1 '20-'25
78,750r_J
f
on of the
J-J
anticipati
'15
in
g
45
1
1939
date,
July
from
year
one
1,605,000_
than
more
J-J
not
38 '99
payable in
1200,000r_Jan 1 '26-'45 loans,
in anticipation of the revenue of the
325,000r July 1 1940
35 g '00 J-J
'20-'25 sale of bonds or notes already voted,
or expenses of altering
damages
land
any
450,000r Tan 1 1940 4s '15 J-J 69,500_ _Janan1 1
of
payment
the
for
year,
33.6sg'02J4
financial
1920
1,000rJ
750,000r Jan 1 1941
or any proportion of expense of constructing a highway in
3s g '01 J-J
14,000r_Jan 1 '20-'26 grade crossings
8 prohibits
100,000r Jan 1 1943 4s g '16.-on of reimbursement by the Commonwealth. Sectionpar.
3.20sg'03J-J
30,000r_Jan 1 '27-'56 anticipati
How135,000r Jan 1 1943
notes or certificates of indebtedness at less than
bonds,
of
3 Msg'03J4
'20-'21 the sale
1
an
12,000r_J
4 and 9
3,
Sections
under
1943
1
issued
July
640,000r
Section 10 temporary loans
3 Msg'03J-J
20.000r_Jan 1 '22-'25 ever. under
prohibits the creation of
13
Section
600,000r Jan 1 1944 4s g '163-3
a
discount.
at
negotiated
3 Msg'04J-J
be
may
16,000r _Jan 1 '20-'21
the passage of
sinking funds, but such funds established prior towere
33isg'05J-J 670,000cecr Jan 1 1945
245,000r_Jan 1 '22-'56 further
established
until the debt for which they
33,isg'06J-J 600,000c&r Jan 1 1946
1 '20-'33 the Act must be continuednotes
made payable on demand
be
not
shall
600,000r Jan 1 1947 4s g '163-3 280,000r-Jan
Hereafter
matured.
33isg'07J-J
has
1 1934
_Jan
10.000r__
under Secincurred
that
1
Jan
1928
except
debt,
all
of
125,000r
the payment
35isg'08J-J
2,000__Jan 1 '20-'21 (Section 14) and
60,000_Jan 1 1949 45 '17 3-3
3s '09 J-J
tions 3, 4 and 9, must be made by such annual installments as will extin40,000- Jan 1 '20-'27 guish
60.000_Jan 1 1949 4s '17 J-J
maturity.
at
same
3Ms'09 J-J
the
Jan 1 '20-'27
provisions of the Act
170,000 Jan 1 '20-'53 45 '17 J-J 184,000___Jan
Section 1 distinctly excepts Boston from the general of
4s g '13 J-J
i '20-'26
7,000_
this Act shall not.
"Section 1. The provisions
175,000 Jan 1 '20-'54 5s '18 3-3
4s g J-J
is a in the following words:specified,
$3,193,175
which
but said city
of
Boston,
"parks,"
of
city
except
the
to
debt
apply
contingent
or
is
except as hereinafter
• Nominal
loans
e
Court-hous
the
of
special laws appli35)
and
s
($421,333.
shall remain subject to the provisions of all general
direct State obligation. Two-third
is in Sect. 18, which follows:
Boston
to
reference
specific
The
it."
to
is contingent debt. See below.
cable
the Legislature In 1904
490 of the Acts of 1909, as
"Section 18. Sections 53 of Part I of Chapter
PUBLIC SALES OF BONDS.—A bill passed
amended by
sales of State bonds instead amended
by Chapter 521 of the Acts of 1910, is hereby further
directing the Treasurer to advertise all future
for several
practice
the
been
thereof the following -had
as
place
sale,
in
private
inserting
at
and
same
section
the
of
said
the
out
of disposing
striking
exclusi v
property,
on
Boston
of
city
previous years. (V. 78, p. 1565.)
Section 53. The taxes assessed in the
by the CommonIn Boston.
of the State tax and other amounts assessed upon the city
INTEREST is payable at State Treasury
of
account
on
raised
be
&c.—
to
law
by
required
FUNDS.
sums
and
tax
SINKING
TOTAL DEBT,
Dec..1 1915. wealth, the county
any year exceed $10 55 on every $1,000 of the
Dec. 1 1918. Dec. 1 1917. Dec. 1 1916. $125,793,
412 the city debt, shall not in valuation
662
of the taxable property therein for
assessors'
the
of
average
Total funded debt_$129,371,162 $131,151,912 $126,930,
43,167,819 41,263,980 39,750,720 the preceding three years, such valuation being first reduced by the amount
Sinking funds, &c__ 44,311,256
in the year preall abatements allowed thereon previous to Dec. 31requiring
82 $86,042,692 of
a larger
Any order or appropriation
$85,059,906 $87,984,093 $85,666,6
Net debt
of ceding said assessment. limited
payment
the
for
Debt,
Direct
the
void.'
be
classes:
shall
two
of
is
than is herein
The above debt
entirely responsible; and the assessment
to sinking funds and the payment of future
relating
14
and
13
Sections
which the Commonwealth is directly and
Its
loaned
alth has
other sections referred
took effect upon the passage of the Act. Thehave
Nominal or Contingent Debt, for which the Commonwe
the payment of which loans
room here to give
to above became effective Jan. 1 1914.lawWe
credit to sundry cities and towns for various purposes,
to pay the debt at maturity) only
in full will be found in the
The
719.
of
Chapter
outline
brief
this
is guaranteed by sinking funds (sufficient
debt
for which the
towns
and
inclusive.
cities
488
the
on
to
tax
486
annual
pages
1913.
23
direct
a
of
Aug.
e"
by
provided
classes and the sinking funds "Chronicl
5, Part I, Chapter
has been incurred. On Dec. 1 1918 these
EXEMPTION FROM TAXATION.—Clause 15, Sec.
applicable thereto were as follows:
provides that the following securities shall be exDirect Debt. Contingent Debt. Grand Total 490, of the Acts of 1909,
or certificates of indebtedness of the Common"Bonds
taxation:
from
162
empt
$129.371,
47
$77,742,8
15
$51,628,3
in the year 1906, and bonds,
Bonded debt
24,241,044 44,311.256 wealth issued since the first day of January
19,570,212
water
Sinking funds
certificates of indebtedness of any county, fire district,
6 notes and
Commonwealth which may be issued
the
in
$32,058,102 $53,001,804 $85,059,90
town
or
city
district,
supply
Net debt
follows:
that
valuation
face
their
on
assessed
stating
1908,
State's
e
year
the
in
ION.—Th
of
May
day
first
the
LUAT
on or after
ASSESSED VA
Total.
Personal Property.
Real Estate.
are exempt from taxation In Massachusetts."
Years—
$4,738,976,589 they
248
257, Laws of 1917) exempt$853,481,
an
(Chapter
Act
passed
e
,341
Legislatur
$3,885,495
1917
The
1918
4,538,998,071
in bonds or certificates
730,592,172
84 5 9
from taxation savings deposits when invested full
1917
4,962,238,008 ingindebtedne
follows: "Deposits
1,275,754,750
ss of the United States. The Act in
3,686,483,258
1916
6,074,281,951 of
as are called institutions
981
banks
2,500,599,
savings
such
970
including
banks,
3,573.681,
En
savings
1915
801
6,005.412,
companies, and
of
trust
080
ts
departmen
2,537,852,
savings
the
in
deposits
3,467,560,721
1914
shall
5,479,279,693 for savings,
2,262,565,233
deposits in the Massachusetts Hospital Life Insurance Company,
3,216,714,460
1912
5,027,154.806 also
or certificates of indebt335
bonds
in
2,050,079,
invested
when
taxation
471
from
2,977,075,
be
exempt
1910
054
4,222,281,
908
1,621,835,
States of America."
2 600,445,146
1905
3,878,671,070 edness of the United
1,562,983,689
761, Laws of 1914. given In
1900.........- 2,315,687,381
TAXATION OF MORTGAGES.—Chapter°provides
2,613,215,137
• 1,013,077,330
that a bond secured
1,600.137,807
e"ofJuly 18,1914, page 212
the
"Clroniel
in
1890.......full
430
1.927,855,
58
816,695,3
or without the Commonwithin
located
1.111.160.072
property
on
tangible
mortgage
1880
by
effective
became
which
Law,
Tax
Income
which is there
and
the
located,
of
wherever
provisions
taxation
to
the
Under
wealth which is subject
is no longer taxable by local board actually
taxed, shall be exempt from taxation within the Commonwealth
in 1917, the intangible personal property
valuation of the assessed
ner
Commissio
Tax
the
with
same
the
of
n
registratio
upon
etts
of assessors, which accounts for the decrease in
of Massachus
personal property in 1917 and 1918.revenue Is derived from corporations, and upon the payment to him of a fee of $3 per $1,000 annually.
269.
e 1916 Legislature passed a bill (Chapter
The larger portion of the State's and inheritance taxes. In 1918 the
TAX.—Th
INCOME
a constinational bank stocks, savings bank50, of which $12,618,895 47 accrued to Laws of 1916) providing for a tax on incomes in accordance with
t adopted in Nov. 1915. See "State and City" Detax assessed aggregated $22,803,570 is
d to cities and towns. Of tutional amendmen
been declared
has
law
The
3
1916.
June
for
e"
"Chronicl
of
the Commonwealth and the balance apportione
partment"
assessed upon street railway
V. 104. p. 2664.
the total of $22,803,570 50, $258,430 71 wasservice
corporations, $9,313,- constitutional by the State Supreme Court.
companies, $1,436,613 82 upon other public
AND RESTRICTIONS
SAVINGS BANK INVESTMENTS—POWER
corporations, $1,834,367 46 savings banks,
is governed by Chap. 690
etts
806 16 upon domestic business
In
Massachus
—Investment by savings banks
inheritances.
$2,029,370 70 national banks and $5,632,144 34
in V. 87, p. 257, and in an editorial article
to
referred
of
1908,
Acts
the
of
29 1009. The
POPULATION OF STATE.—
472.040 on pages 5 and 6 of the "State and City Supplement" for May
— 994,514 1810
e" of May 25 1912.
1915__ 3.693,310 1890— 2,238,9431 1850
437282:784875 law was further amended in 1909 and 1912 (see "Chroniclwas
737.699 1800
1840
added in 1913,
th"
1910- —3,366.41611880-1,783,080 1830
"Fourteen
Clause
t"),
Departmen
City
and
1790
"State
610,408
was added
1905-3,003,635 1870.-1.457,351
the last two paragraphs of the section relating to street railways
523.287
1820
1900- _.4L805,346 1860.._..1.231.066
e authorized savings banks and savings
provision in the constitution of Mas- in 1915, and in 1918 the Legislatur
to invest in Farm Loan
DEBT LIMITATIONS.—The onlyLegislatur
etts
in
Massachus
companies
trust
of
ts
departmen
indebtedto
State
e
create
sachusetts limiting the power of theamendment adopted in Nov. 1918, the bonds issued by Federal Land banks, and also the investment by savings
In 1919 a law was
ness is contained in a constitutional
banks in bankers' acceptances and bills of exchange.
text of which follows:
bonds, which were legal investments for
alth shall not in any manner be passed providing that railroad the
over the operant
took
Sec. 1. The credit of the Commonwe
S.
Governme
U.
when
time
, or of any private association, savings banks at the
investments
given or loaned to or in aid of any; individual
tion of the roads issuing such bonds, shall not become illegal
owned and managed.
The law at
t.
Governmen
the
by
or of any corporation which is privately
roads
the
of
operation
the
of
reason
supby
money to repel invasion,
Sec. 2. The Commonwealth may borrow
alth or to assist the United States present reads as follows:
press insurrection, defend the Commonwe
shall bit
therefrom
derived
income
the
and
from
Deposits
receipts
on
of
in
68.
anticipati
SECT/ON
in case of war, and may also borrow money
of the year invested only as follows:
taxes or other sources, such loan to be paid out of the revenue
n first mortgages of real estate
Real
Estate.—I
of
Mortgages
rst
FIRST—Fi
in which it Is created.
such real
contracted as before pro- located in this Commonwealth not to exceed 60% of the value ofshall
Sec. 3. In addition to the loans which may beonly
be so
by a vote, taken by estate; but not more than 70% of the whole amount of deposits
money
vided, the Commonwealth may borrowHouse
real
estate,
ive
unproduct
and
d
on
unimprove
made
present
is
Court
loan
a
General
If
of
the
invested.
real
the yeas and nays, of two-thirds of each
such
of
value
the
of
40%
exceed
not
shall
recommend to the General Court the amount loaned thereon
and voting thereon. The Governor shall
.
estate. (For conditions that must be observed in making such loans see
the term for which any loan shall be contracted
purpose
257.1
p.
87,
other
V.
any
in
in
for
full
law
Sec. 4. Borrowed money shall not be expended
or discharge of
SECOND—Public Funds.—(a) In the public funds of the United States
than that for which it was borrowed or for the reduction
or of any of the New England States.
the principal of the loan.
of this Commonwealth.
ss.
indebtedne
(b) In the bonds or notes of a county, city or town
There appears to be no constitutional limit upon municipal
ed district in this Commonon this subject
(c) In the bonds or notes of an incorporat
Statutes general and special have, however, been passed
not exceed 5% of the last preceding
does
ss
indebtedne
net
whose
wealth
with respect to cities and towns.the matter is known as Chapter 719 of the valuation of the property therein for the assessment of taxes.
, Vermont,
The latest legislation regarding
(d) In the bonds or notes of any city of Maine, New Hampshire
The limit of indebtedness for cities
Laws of 1913, approved May 26 1913. by
ss does not exceed 5%
Sections 6 and 12 of this law. Rhode Island or Connecticut whose net indebtedne
and towns (excepting Boston) is fixed
assessment
the
for
therein
of
the property
of the last preceding valuation
These sections follow:
States whose net indebtedness
outside the limit of indebt- of taxes; or of any county or town of said any
Section 6. Cities and towns may incur debt,purposes
water
district
ed
of
or
incorporat
valuation;
such
of
within
3%
payable
and
does not exceed
edness prescribed in this Act, for the following
thousand inhabitof said States which has within its limits more than five on
the periods hereinafter specified:
all the taxable
a
obligation
are
direct
notes
year.
or
one
9.
bonds
or
whose
4
3.
and
Sec.
ants,
of
provisions
under the
not exceed 3%
(1) For temporary loans
for supplying the inhabitants property of such district and whose net indebtedness doeswithin
the limits
(2) For establishing or purchasing a system
is not included
purchase of land for the protection of such valuation. Provided, that there
the bonds
of a city or town with water, or for the
or
town
city
any
or
In
part,
wholly
either
district,
water
such
of
rights, 30 years.
of a water system, or for acquiring water
t.
investmen
legal
a
not
equipare
tal
or notes of which
(3) For the extension of water mains and for water departmen
States of New York, Pennsyl(e) In the legally authorized bonds of the
ment. 5 years.
Michigan, Wisconsin, Minnesota, Missouri
, extending or enlarging a gas or electric vania, Ohio, Indiana, Illinois,of
and in the legally authorized
(4) For establishing, purchasing
Columbia,
District
the
city or town. 20 years; but the indebt- and Iowa. and of
lighting plant within the limits of a to
in the refunding bonds issued to take up
an amount not exceeding in a town bonds for municipal purposes, and
edness so incurred shall be limited
other than municipal purfor
issued
been
have
which
such
bonds
of
maturity
valuation
at
city of the afore5% and in a city 2%% of the last preceding assessed
poses, but on which the interest has been fully paid, of any
town or city.
of such investment more than thirty
date
the
at
has
speciwhich
as
d,
States,
playgroun
said
a
public
of
purposes
the
for
(5) For acquiring land
or State census
national
last
the
d
by
establishe
s,
as
ts
inhabitant
amendmen
thousand
Laws and
fied In Section 19 of Chapter 28 of thesoRevised
city clerk or treasurer of said city, and
incurred shall be limited to an or city census, certified to by the
thereof, 30 years; but the indebtedness last
census, precedingsuch inor
State
national
a
as
manner
same
valuation
the
in
assessed
taken
preceding
the
amount not exceeding % of 1% of
vestment, and whose net indebtedness does not exceed 5% of the valuation
of the city or town.
shall be payable of the taxable property therein, to be ascertained by the last preceding valuDebts for all of the purposes mentioned in thisofsection
bonds
of
issue
of property therein for the assessment of taxes. California, Delaware,
first
ation
the
date
within the periods above specified from the
of
In the legally authorized bonds of the States
incurred in accordance with the '
legally authoror notes on account thereof, and may befar
nt
New Jersey, Oregon and Washington, and in the
inconsiste
are
same
Nebraska,
the
as
so
in
except
law,
provisions of existing
bonds which have been
in
or
refunding
purposes
city
a
municipal
by
for
incurred
bonds
ized
debts hereafter
interest has
the
with the provisions cf this Act. All other
which
on
but
purposes,
ss,and debts issued for other than municipal
Connecticut, Delaor town shall be reckoned in determining its limit of indebtedne
for temporary loans, been fully paid, of any city of the States of California,
Maryland,
authorized under the provisions of this section, except
Maine,
tts,
Massachuse
Kentucky,
Iowa,
and
Indiana,
ware, Illinois,
of the voters present
, New Jersey,
may be incurred only by a vote of two-thirdscity
or other govern- Michigan, Minnesota, Missouri, Nebraska, New Hampshire
vcting, or of two-thirds of all the members of ato thecouncil
Vermont, Was
Island,
Rhode
nia,
Pennsylva
Oregon,
Ohio,
mayor.
the
of
York,
New
approval
ing body,taken by yeas and nays,and subject
investment more than
and Wisconsin, which has at the date of suchthe
city.
same manner as is
if such approval is required by the charter of the
in
Section 6 of this Act one hundred thousand inhabitants, establishedwhose
Section 12. Except as otherwise authorized by
net indebtedness does
and
,
of
this:clause
(e)
ion
authorize
intsubdivis
not
shall
provided
1913, a city
property therein,
or by Chapter 634 of the Acts of the year
taxable
the
of
valuation
the
and a town shall not authorize not exceed seven per cent of
indebtedness to an amount exceeding 2;,5%.
n (e) of this clause.
average of the assessors' established and ascertained IS provided In subdivisio
of the City of
indebtedness to an amount exceeding 3%, on thepreceding
bonds
that
held
28
1914
April
on
-General
years
calendar
(The Attorney
valuations of the taxable property for the three of all abatement
s allowed Minneapolis, Minn., were legal investments. V. 98, p. 1629.1
the words "net indebtedthe valuations being first reduced by the amount
clause
of
this
(f)
and
(e)
(d),
ns
year.
subdivisio
calendar
In
preceding
of
(g)
the
thereon previous to the last day of Decemberto above, provides for the pay- ness" mean the indebtedness of a county, city, town or district omitting
created in
Chapter 634 of the Laws of 1913, referred
of trust funds. debts created for supplying the Inhabitants with water and debts
ment of outstanding demand notes and the restoration
and deducting the amount
g or which have ex- anticipation of taxes to be paid within one year,the
ss
Cities and towns which have demand notes outstandin
included.
indebtedne
of
payment
the
for
to raise in the of sinking funds available
pended town or trust funds for general expenses,were required
,
P
P
JUNE, 191.9.1
MASSACHUSETTS-DEBT OF STATE.
23
Farm Loan Bonds.—"It shall
lawful for savings banks and savings corporat
departments of trust companies be
ion owns in fee at least seventy-five per cent of the total
in this Commonwealth to invest
mileage
in farm which is subject to the
loan bonds lawfully issued by Federal
lien of said mortgage and which is represen
Land banks incorporated under the covered
ted or
provisions of the Act of Congress approve
by said stocks or bonds:
d
July
17
1916,
entitled
"An Act
to provide capital for agricultural development,
first
A
(2)
mortgag
e,
or
a
mortgag
e
or
trust
indentu
to create standard forms a first mortgage, upon
re which is in effect
of investment based upon farm mortgage, to
all
the
railroad
subject to the lien of said mortgage
' farm loans, to furnish a market for United equalize rates of interest upon or trust indenture, by virtue of the irrevoca
ble pledge with the trustee
States bonds, to create Govern- thereof of
ment depositaries and financial agents for the
entire issue or issues of bonds which are
United Statse, and for other railroad ofan
a first lien upon the.
purposes.'
a railroad corporation which is owned and
d, controlled
and
operate
d or leased and operated by the corporationoperate
RAILROAD BONDS.
issuing or assuming
said bonds:
Massachusetts Railroads.
THIRD.—(a) In the bonds or notes, issued in
refundin
(3)
A
g
mortgag
e which covers at least seventy-five per cent of
accordance with the laws of the railroad owned
this Commonwealth, of a railroad corporation incorpor
fee by said corporation at the date
said mortgage
ated therein the rail- and provides for thein
road of which is located wholly or in part therein,
retirement of all outstanding mortgageofdebts which
has paid in dividends a prior lien upon
arein cash an amount equal to not less than 4% per which
said
railroad owned in fee and covered by said refundi
annum
on
all
its
outstan
ng
dmortgage at the date thereof. But if any of the bonds
ing issues of capital stock in each fiscal year for the
which said refunding'
five years next preceding mortgage
such investment, or in the first mortgag
given
is
to
refund
are
secured on a railroad not owned in fee by
bonds of a terminal corporation the corporat
Incorporated in this Commonwealth and ewhose
executing said refunding mortgage, there shall be conveye
property is located therein, and assignedion
d'
which is owned and operated, or the bonds of which
to the'trustee of said refunding
e either—
are guaranteed as to
principal and interest, or assumed, by
seventy-five per cent of the railroadmortgag
such railroad corporation. Any to At least
on
which
each
issue
bonds
of
shares of the capital stock of a railroad corporat
be refunded is secured, free from any mortgag
ion leased to such railroad
e lien except that of the
corporation, which are,owned by said lessee
or mortgages securing the
to be refunded; or
corporation, shall not be considered as outstanding within the meaning
At least seventy-five per cent of bonds
of this subdivision.
the
outstan
ding
bonds of each issue.
which is secured by a mortgag lien upon such
•
New England Railroads.
railroad; and all of said
railroad not owned in fee which e
Is so subjected to the lien of said refunding
(b) In the bonds or assumed bonds of a railroad
corporat
mortgag
e
ion
shall
incorpor
be
the railroad of one or more railroad corporations
ated
in any of the New England States at least one-half of the
which,
railroad of which Is are owned and operated, controlled and operate
located in said States, whether such corporation
d, or leased and operated,
is in possession of and is by the corporation issuing or assumin
eerth
operatinsubon
g
g said refunding mortgage bonds;
dssha
road orlbese
ownts
is leasedcurct
to another
ya;a
rsiiroad corporation; provided
But in no case shall the bonds secured
said refunding mortgage become
awhole or a legal investment unless they mature atby
a later date than any bonds which
a part of the railroad and railroad property oftmog
such corporation or by a said refunding mortgage Is given to refund,
refunding mortgage as described in paragraph
nor unless the total mileage
subjecte
(3)
or
(4)
d to the lien of said refunding mortgag
of subdivision g, or
that if the railroad and railroad property of such corporat
e in accordance with the.
requirements of this paragraph is at least
bered by mortgage, such bonds shall be issued under the ion are unincum- the
twenty-five per cent greater that
mileage
covered
authorit
y
by
one
of
any one of the mortgages securing bonds which
of
said States which provides by law that no such railroad corporat
said
refundin
g mortgage is given to refund.
ion which
has issued bonds shall subsequently execute a mortgage upon
(4) A mortgage upon not less than ten per cent
its road, equipment and franchise or upon any of its real or personal property
of
the
railroad
,
exclusive
of
sidings,
,
owned in fee at the date of said mortgage by
without including in and securing by such mortgage all bonds
the corporapreviously issued and tion issuing or assuming said bonds, but
in no case on less than five hundred
all its pre-existing debts and liabilities, which provisio
continu
n,
ous
miles
so
enacted
of
in
standar
such
d-gauge
railroad; provided, that
State, shall have been accepted by the stockholders of
Said mortgage is a first or second
such corporation;
lien upon not less than seventy-five
and provided, that such corporation has paid in
ds in cash an amount per cent of the total railroad covered by
said mortgage at the date thereof.
equal to not less than 4% per annum on all its dividen
and which provides for the retirement of
outstan
ding
issues
of
capital
stock in each fiscal year for the five years next preceding such
all mortgage debts which are a
prior
lien
upon
said
railroad owned in fee and covered
(c) In the first mortgage bonds or assumed first mortgage investment. at the date of the
by said mortgage,
execution thereof;
bonds or in
the bonds secured by a refunding mortgage as described in
The bonds secured by said mortgage mature
paragra
phs
(3)
or (4) of subdivision g, of a railroad corporation incorporated
at
a
later
date than, and
cover
mileage
a
at least twenty-five per cent greater
in any of the
New England States the railroad of which
than is covered by,
located wholly or in part any of the bonds secured by a prior lien mortgag
therein, which have been guaranteed as to isprincipa
e so to be retired;
The
date
of
said
l
and
interest
mortgag
e
by
a
shall be at least five years prior to the date
railroad corporation described in subdivisions a or b which
of
is in possession such investment.
of and is operating its own road.
(h) Bonds Underlying Refunding Mortgag
es.—Mortgage bonds or bonds
(d) No bond shall be made a legal investment by subdivision
secured
by
mortgag
e
bonds
b
unless
which are a direct
the corporation which issued or assumed such bond has,
on of, or which have
during its fiscal been assumed, or which have been guaranteedobligati
year next precdffing the date of such investment, paid
by endorsement as to both
in dividends on its principal and interest by, a railroad corporat
capital stock an amount equal to one-thir
ion whose refunding mortgage
d of the total amount of interest
bonds
are
made
a
legal
investment under paragraphs three or four
paid on all its direct and assumed funded indebtedness.
of subdivision a; provided, that—
No bond shall be made a legal investm
Said bonds are prior to and are to be refunded
by subdivision c unless the
corporation which guaranteed such bond ent
by such refunding mortgage;
has,
Said
during
refundin
its
g mortgage covers all the real property
fiscal year next
preceding such investment, paid in dividends on
upon which the
its capital stock an amount mortgage securing said underlying bonds
equal to one-third of the total amount
is a lien.
In the case of bonds so guarant
interest paid on all its direct,
or assumed, the corporation issuing
assumed and guaranteed funded indebtedof
ness.
said bonds is owned and operated,eed
controlled and operated. or leased and
operated, by said railroad corporation.
Other Railroads.
(e) In the mortgage bonds, as described in any of the
(I) Guaranteed Obligations.—Bonds which have
following sub- dorseme
been guaranteed by endivisions of this clause, of any railroad
nt as to both principal and Interest by a railroad
corporation incorporated under the
corporation which<
laws of any of the United States:
has complied with all the provisions
of subdivision e: provided, that—
Provided, that during each of the ten fiscal
Said
bonds
are
secured
by a first mortgage on the railroad of a railroad
years of such railroad corporation next preceding the date of such investm
corporation which is owned and operated,
ent—
controlled and operated, or
(1) Such railroad corporation owned in
not less than five hundred leased and operated, by the corporation guaranteeing said bonds;
miles of standard-gauge railroad, exclusivefee
In the case of a leased railroad, the entire capital
of
sidings,
within
the
stock of which, except
United
States, or if such corporation owned in
less than five hundred miles of shares qualifying directors, Is not owned by the lessee, the rental
includes
such railroad, the gross earnings of suchfee
corporation, reckoned as herein- an amount to be paid to the stockholders of said leased railroad equal
after provided, shall have been not less than
to at
least four per cent per annum upon that portion
fifteen million dollars;
of the entire capital stock
(2) Such railroad corporation shall have paid
thereof
outstand
ing
which
the
is
not owned
matured principal and
the lessee.
interest of all its mortgage indebtedness:
(j) First mortgage bonds of a railroadby
corporation which during each
(3) Such railroad corporation shall have paid in
dividends in cash to its its ten fiscal years next preceding the date of such investment has complieot
stockholders an amount equal to at least
d
with all the requirements of paragraphs two,
four per cent upon all its outand four of subdivision
standing capital stock.
e;
provided, that said bonds are guaranteed three
(4) The gross earnings from the operatio
by endorsement as to both
principal and interest by a railroad
n
of
the
property
corporat
of
ion which has
such railroad corporation, including therein the
d with
earnings of all railroads leased all the requirements of subdivision e preceding paragraph complie
and operated or controlled and operatedgross
five, notwithstanding that the railroad of said issuing corporat
by said corporation, and the
ion is not operated by
earnings from the sale of coal from mines
gross said guarante
eing
corporat
owned
ion.
or
controll
ed
by it, shall
not have been less in amount than five times
the amount necessary to pay CORPORATION NOT
the interest payable upon its entire outstand
TO LOSE CREDIT BY TEMPORARY DISTUR
indebtedness, the rentals
BANCE OF RELATION OF GROSS EARNI
of all leased lines, and the interest on all theing
NGS TO FIXED CHARGES.
outstan
ding
indebtedness of
railroads controlled and operated which is
Bonds
(k)
which
have
been or shall become legal investments under
not owned by said corporation
after deducting from said interest and rentals
any
of
the
provisio
ns of this Act shall not be rendered illegal although
interest and dividends poration issuing,
,the correceived from the stocks, bonds or notes
assuming or guaranteeing such bonds shall
of railroad corporations not
fail for a period
geonys
eratld by
said corporat
not exceeding two
curyo
securion,
w hichhave
etepa
ve fiscal years to comply with the require
ymentofond
been deposite
sorot
d with
esssu
trusea edsar paragraph four of successi
ments of
subdivision e: but no further investment
in the bonds
corporation,but not in excess of the interest on
issued, assumed or guaranteed by said
said last-named bonds or notes. said
corporation shall be made during
And further provided, that—
period. If after the expiration of said
(6) No bonds shall be made a
for the following fiscal year with all the period said corporation complies
investment by subdivision g
requirements of subdivis
the mortgage securing the samelegal
case shall be regarded as having
shall authorize a total issue of inbonds
complied therewith during said period. ion e, it
which, together with all outstanding
BONDS NOT TO BECOME ILLEGAL ON
corporation, including all bonds notprior debts of the issuing or asduming
ACCOUNT OF
issued that may legally be
under any of its prior mortgag
CONSOLIDATION.
of its assumed prior mortgages,issued
after
deducting therefrom, in case ofesa or
(1) Bonds which have been or shall become legal
refundin
g
mortgag
e,
investm
the
bonds
ents under any
reserved
under the provisions of said
the provisions of this Act shall not be rendere
e to retire prior lien debts at maturity, of
d illegal, although the'
shall exceed three times themortgag
property upon which they are secured
outstanding capital stock of said corporat
has been or shall be conveyed to or
ion legally acquired by another
at the date of such investment.
railroad corporat
and although the corpora(6) No bonds shall be made legal investm
which issued or assumed said bonds hasion,
ent by subdivision f or 5 in ton
been or shall be consolidated
case the mortgage securing the a
with another railroad corporat
ion, if the consolidated or purchasing corshall authorize a total issue of bonds
which, added to the total debt same
poration
shall assume the payment of said bonds, and
of the guaranteeing corporation as defined
so long as it shall
In paragraph five, including therein
continue to nay regularly interest or
the authorized amount of all previously issued
dividend or both, upon the securities
guaranteed bond issues, shall exceed
against, in exchange for or to acquires,the
three times the capital stock of such consolid
stock
of
guaranteeing corporation outstand
ated, or the property purchased, or upon securitiethe corporation.
at the date of such Investment; nor
s subsequently
In case at said date the total debt ofing
the corporation which issued said bonds issued in exchange or sobstitution therefor, to an amount at least equal to
shall exceed three times its outstand
per
annum
4%
upon the capital stock outstanding at the time
ing capital stock.
of such consolIn the case of a mortgage execute
idation
or
purchas
of
e,
said
corporat
ion
which
d
prior
to the passage of this Act,
issued or assumed said bond.
under which the total amount of
bonds which may be issued is not specifically stated, the amount of bonds
CREDIT OF A CORPORATION NOT TO
BE LOST BY
outstanding thereunder at the date of
such investment shall be considered,
CONSOLIDATION.
for the purposes of paragraph five
and of this paragraph, as the total authoriz
(m) If a railroad corporation which has complie
ed issue.
d
with all the require(7) Any railroad corporation which
ments of subdivision e preceding paragraph five,
is mentioned in subdivision c
except that the
clause fourth of section twenty-six
ot
compliance is less than ten, but not
chapter one hundred and thirteen of
less than five successiveyears,period
of
the Revised Laws shall be considerof
shall be,
or
shall
have
been, thereupon consolid
ed as having complied with all the reor merged into, or its railroad
quirements of this subdivision
purchased and all of the debts of suchated
precedin
g
paragra
ph
corporat
five
up
to
and including railroad corporation incorpor
ion assumed by, another
the fiscal year of said corporation in which
ated under the laws of any of the United
this Act is passed.
States,
such corporation so succeeding shall be consider
ed as having complied with
DESCRIPTION OF BONDS.
all the provisions of subdivision e preceding paragra
(1) Definition of First Mortgag
ph five during those
successi
e.—When
ve
years
ever
next
the
term
precedin
"first
g the date of such
mortgage" purchase in which
is used in the following subdivis
ation, merger or
it shall mean, unless otherwis
all said consolidated, merged orconsolid
e qualified, a first mortgage on not lessions,
purchased corporations.
seventy-five per cent of the railroad If considered as one continuous corporation In ownersh
owned in fee at the date of the than
ip and possession,
would
mortgag
have
so
e
by
complie
the
railroad
d:
corporation on
provided, that said succeeding corporation shall
the railroad of which said mortgag is a
lien, but in no case on less than continue so to comply for a further period which shall make
one hundred continuous miles of estandar
such compliance
d-gauge railroad, exclusive of equivalent to at least ten successive years, but which shall
sidings; provided, that seventy-five
be in no case
per
less
than
the
cent
two
of
railroad
the
fiscal years next following said consolidation,
subject to the
lien of said mortgage is connected;
merger or
purchase.
For five years prior to the date of
investment therein all the railroad
STREET RAILWAY CORPORATIONS ARE
subject to the lien of said mortgag
e
NOT
at
RAILR
the
date of execution thereof has
OAD
been operated by, and its operations
CORPORATIONS.
included in, the operations of the
railroad corporation which issues,
(n) In this Act, unless the context otherwise requires
or guarantees said bonds:
, "railroad corporaThe date of said mortgage is at assumes
tion"
means
a
least
corporat
which
ion
five
owns or is in possession of and operatingyears prior to the date of such
investment; except that a first mortgag
e given in substitution for and not a railroad or railway of the class usually operated by steam power.
greater in amount than such a first
Street
railway corporations are not railroad corporat
mortgage, and covering the same railions within the meaning of
road property, shall be considered to
this
Act.
be in accordance with this requirement.
STATUS OF RAILROADS UNDER FEDER
(g) Direct Obligations.—Bonds issued
AL CONTROL.
or assumed by a railroad corporao Railroad
tion described in subdivision e, which
which were legal investments for savings banks at
secured by a mortgage which was time when thebonds,
the
at the date thereof or is at the date of are
Government of the United States, under
such investment—
the Act of Congress
(1) A first mortgage on railroad
approved Mar. 21 1918, took over the operatio
owned in fee by the corporation issuing such
n of the railroads issuing
or assuming said bonds, except that,
bonds,
shall
become
not
illegal
investments by reason of the operation
if it is not a first mortgage on seventy- of the railroad
five per cent of all such railroad owned
in fee by said corporation, it shall be such railroad s by the Federal Government. The time during which any
a first mortgage on at least seventy-five
is operated by the Federal Government shall be
per cent of the railroad subject including the year
excluded,
to the lien of said mortgage at the date thereof;
in
which
the
Governm
but if any stocks or bonds the compliance of any such railroad ent operation ends, in determining
are deposited with the trustee of said
with the provisions of this section:
mortgage as part security therefor, provided, however,
representing or covering railroad mileage
that
in
case
a
railroad
corporat
ion the mortgage bonds
not owned in fee, the bonds se- of which would become
cured by said mortgage shall not become
legal investments unless said section upon its complialegal for investment under sub-division e of this
nce with the requirements of said sul3-clivision.
24
MASSACHUSETTS-CITIES AND TOWNS
[VOL. 108.
have been for ten
FOURTEENTII.-Bonds which at any time hereafter
during the
provisions of subdivisions
shall have complied with the requirements of said sub-division
on successive years legal investments under thesection
corporati
railroad
such
1918,
1
not be renJan.
preceding
shall
next
more
or
two years
Clause 6 of this
nts of said sub-division a, b, c or d of Clause 3, orcorporati
on issuing, assuming or guaranteeing
shall be deemed to have complied with the requireme
its railroad, including dered Illegal although the period not exceeding two successive years to
during the period of the Government operation of in
computing the time such bonds shall fail for a
the requirements of the
the year in which such Government operation ends,
comply, as to dividends on its capital stock, with nt
In the bonds issued,
of compliance with the requirements of said sub-division.
clauses specified above: but no further investme
during said period.
made
be
shall
on
corporati
L.
assumed or guaranteed by such
PRESENT INVESTMENTS NOT TO BECOME ILLEGA
such corporation complies for the
period,
said
of
n
expiratio
the
If
after
the investspecified above. It
clauses
the
of
ents
requirem
FOURTH.-The provisions of this Act shall not render illegal
the
with
year
corporation at the time following fiscal as having complied therewith during said period: provided
ment in any mortgages of real estate held by such
be
regarded
shall
issue
in
any
r
within
thereafte
or
of its passage, nor the investment at such time
so failed to comply during any other period
such corporation was that It shall not have
of bonds or notes dated prior to its passage, in which
the next preceding ten years.
comto
Hart&
continue
H.
notes
N.
or
Y.
bonds
N.
as
such
of
long
so
then authorized to invest,
[Opinion of Attorney-General Regarding Legality
nts.j-The Attorney-General
ply with the requirements of law then in force.
ford RR. Bonds as Savings Banks Investme
by
passed
Act
the
to
reference
with
1911
rendered an opinion In Feb.
STREET RAILWAY BONDS.
of the New
1910 to validate bonds and Aocks determin
ing
incorporated in the Legislature IndeJune
of
pose
put
the
for
and
Co.,
RR.
Hartford
FIFTH.-In the bonds of any street railway company
York New Haven
road a solvent coris located, wholly or in part whether
this Commonwealth the railway of which
or not the assets were sufficient to show the
in cash an amount
the Commission apnoted In V. 92, p. 462, the report of
therein, and which has earned and paid in dividends
re on Feb.
stock in each poration. Asthe
ng
capital
Legislatu
Its
all
outstandi
the
upon
with
filed
cent
was
per
five
to
least
at
referred
Act
to
equal
under
shall authorize the
by the Board of Railroad pointed The
of the five years last preceding the certification such
Act stated that "nothing herein contained
investment shall be 1911,
No
aforesaid unless they are othersecurities
the
in
banks
by
Commissioners hereinafter provided for.
savings
nt
investme
1909."
made by it to the Board of
made unless said company appears from returnssaid
ts under the provisions of Chapter 590, Acts of of the
dividends without im- wise legal investmen
paid
-General finds that "no matter what the finding
Railroad Commissioners to have properlysaid
assets and liabilities
board shall on or before the and the Attorney
to
reference
with
Act
the
under
pairment of assets or capital stock, and
appointed
transmit to the Bank Commission not in and of itself make any change In the standing of securififteenth day of January in each year certify and s.
was, it would
investments." See V. 92, p. 541.
Commissioner a list of such street railway companie
of a leased street railway ties for savings bank
Dividends paid by way of rental to stockholders
company
by
said
paid
and
earned
been
have
company shall be deemed to
COUNTIES AND TOWNS IN THE
CITIES,
have
shall
company
within the meaning of this clause, provided that said
impairwithout
in
cash,
OF MASSACHUSETTS.
in
dividends
paid
STATE
properly
and
earned,
annually
cent
$10,000
ment of assets or capital stock, an amount equal to at least five per next ABINGTON.
Sewer loan
River sewer loan... 30.000
upon all its outstanding capital stock In each of the five fiscal years
town Is in Plymouth County. Conn.River
This
5,040
thereof.
loan
lease
the
of
date
bridge
the
Conn
preceding
consoll fated by pur- Incorporated in 1712.
7.200
If two or more street railway companies have beencertificat
Refunding school loan
ion, the payWater Loan.
to said
*159,040
1919
1
May
DEBT
chase or otherwise during the five years prior
BOND.
1
'23-'46
t in 4s
M-N $72,000c_May
equivalen
of
dividends
year
each
of
4,907,380
earnings
the
from
real
val.,
ment severally
10.000 July 1 '19-'28 Assessed
capital stocks 4s '10 J-J
Assessed val., personal.... 1,449,629
the aggregate to a dividend of five per cent on the aggregate
tion
Bridge and Memorial Bonds.
6,357,009
of the several companies during the years preceding such consolida
$3.600o_July 1 '19-'21 Total val. 1918
J-J
334s
Act.
this
of
purpose
the
for
Total tax (per $1,000) 1919-$20.00
shall be sufficient
the
Bonds.
under
nts
School
investme
legal
Bank,Boston;
Nat.
First
at
INT.
Bonds which have been or shall become
z
'19-'22
1
uly
$8.000c-J
,
J-J
er provided be 3348
provisions of this clause shall not, except as hereinaft
19-33 on others in Amherst.
- 30,000c3crJune1'
fact that the corporation 45
* Of this amount $50,000.00 is
deemed to be an illegal investment by reason of the
e failed for a TOT. BD. DT.Jan. 1 1919 $123,600 held
by Sinking Fund.
Issuing such bends shall hereafter fail or shall have heretofor
77,758
(Incl.)
earn and pay dividends in Net water debt
period not exceeding two successive fiscal years tobut
3,156,852
no further investments Assessed val., real
accordance with the requirements of this clause, made
590,842
__
R.
personal_
ANDOVE
period.
val.,
said
during
Assessed
In the bonds issued by the corporation shall be on earns and pays or has Tot
In Essex Co. Inc.
This town
.assess.val.'18(75%act)3,747,694
If after the expiration of said period the corporati
.50 May 6 1646. Pop'n 1915, 7,978.
1918-$23
ce
$1,000)
(per
accordan
tax
in
year
Total
fiscal
following
the
earned and paid dividends during
5,661
Bonds.
1918
School
5,646:
complied
as having
Pop'n 1910,
1 '19-'36
with the requirements of this clause, it shall be regarded
INT at First Nat. Bank, Boston. 4s '16 A-0 $90.000c_Oet
not have so failed to
therewith during said period; provided, that it shall
9,000Aug 1 '19-'27
4348'17 F-A
five years; and
comply during any other period within the next preceding
Bonds.
Sewer
its annual earnings ADAMS.
provided, that during said period of non-compliance
J-D 330.000c_June 1 1928
payment of the interest
This town is in Berkshire County. 4s
shall have at least been sufficient to provide for the
4s '15 J4 45,000__July 1 '19-'27
charges in addition Inc. Oct. 15 1778.
upon its outstanding indebtedness and all other fixedbe
15,000___July '28-'30
'16
4s
interpreted as inImprovement Bonds.
to its operating expenses. Nothing in this Act shall
Water Bonds.
legal investments by 5s '19 ___ $24,000_ May 1 '20-'27
Nov 1 '19-'20
validating any investments In bonds now held as ealth
M-N
$15,000c
4s
prothe
under
High School Bonds.
savings banks and trust companies of this Commonw
J-D 20,000c_June 1 '22-'23
4s
4s '09 --- 350,000_ _ _Oct 3 '19-'23 4s
__June 1 1925
vision of existing law.
15,000c_
J-D
certify
Act,
this
of
passage
the
after
Street Inlet. Bonds.
The Public Service Commission shall,
5,000c. __June 1 1928
J-D
street railway com- 4s11 ___ $10.000Oct 1 '19-'20 4s
and transmit to the Bank Commissioner a list of any nts
A-0 13,000c_Apr 1 '20-'32
the
3348
of
virtue
1921
by
1
_Oct
investme
5.000___
legal
become
be
or
4s '12
June 1 '20-'33
panies whose bonds may
1,000._ _ _July 1 1919 3 .62'08 J-D 28,000c_
4s '14 ___
provisions thereof.
21,700c_Apr 1 '20-'35
4.000__July 1 '19-'22 45 '10 A-0
s :15 __4s
4
M'S 14.000c_Sept 1 '19-'21
4s
TELEPHONE COMPANY BONDS.
'19-'22
1
ly
3,000__Ju
I
5,000c_ May 1 '20-'24
subject to tne pro500_-__July 1 1921 48 '14 M-N
SIXTH.-In the bonds of any telephone company
6,000c_July 1919-'21
__
of the Revised Laws,
18,000__May 1 '20-'25 4s '16 Bonds.
visions of section thirty-seven of chapter fourteen of
alth: 4s '16
Commonwe
the
Loan
residents
are
directors
the
of
1920
1
majority
a
_May
which
1,000___
and of
0'17
,
0
corn
_Nov 1 '19-'20
$10,000_
telephone
such
of
4s
years
fiscal
4,000May 1 '20-'27
Provided, that during each of the five
43is'17
DEBT Apr 1919._ $343,000
16,000May 1 '20-'27 BOND. fund
pany next preceding the date of such Investment63,889
4548'17
less
cash....._
not
and
been
have
shall
Sinking
company
telephone
such
of
'20-'28
1
income
gross
(1) The
22,500 ..May
6.279.425
5s '18
val., real
than ten million dollars per annum.
6,000__May 1 '20-'25 Assessed
1,738,275
and 5s 18 __val.. personal
Assessed
$171,000
'19_
1
(2) Such telephone company shall have paid the matured principal
Jan.
DT.
TOT. BD.
8,017,700
45,827 Total valuation 1918 1918....
interest of all its indebtedness.
22.25
In cash an Sinking fund
$1.000)
125,173 Tax rate (perpropert
(3) Such telephone company shall have paid in dividends
ng NET DEBT Jan 1 1919_ 4,398,175
v_1,232,589
Value town
amount equal to not less than six per cent per annum on all its outstandi
real
val.
Assessed
Trust
Colony
Old
at
payable
INT.
stock.
3,752,598
ssues of capital
company Assessed val. personal
(4) The dividends paid on the capital stock of such telephone interest Tot. assess.val.'19(75%act)8,150,773 Co., Boston.
shall not have been less than the total amount necessary to pay the
rate (per $1,000) 1918- _ -$23.00 ARLINGTON.
Tax
ess.
ng
indebtedn
14,214
upon its entire outstandi
either (a) by a Population 1919 at the Old Colony
This town is in Middlesex County.
And further provided that such bonds shall be secured
INT. payable
ted by Act of Feb. 27 1807,
of the property of such
first mortgage upon at least seventy-five per cent
of Boston and Treas. office. Incorpora
Co.
Trust
ted
incorpora
June 1807.
company
trust
effective
a
with
deposit
the
telephone company or (b) by
other
of
stock
$48,000
shares of
__s
under the laws of this Commonwealth of bonds and which
limits the amount AGAWAM.
Water Works.
telephone corporations, under an indenture of trust
of the securities
This town is In TTampden County. 4s '92 J-J 392,0000.--Jan 1 1922
of bonds so secured to seventy-five per cent of the value
in
1855.
that
, and provided
Incorporated
45 '94 A-0 92.000o_ _-Apr 1 1924
deposited as stated and determined in said Indenture
24,000c_Oct 1 '19-'42 4s '96 A-0
5,000o.-Oct 1 1926
nt the annual 43s'17
during each of the five years next preceding such investme
1928
have
$25,000
deposited
securities
the
__s
4s '98 A-0 15.000o_ __Oct 1
Interest and dividends paid in cash on
annual interest on
A-0 10,000c-Oct 1 1927
Water Loan.
'97
4s
amounted to not less than fifty per cent In excess of the
Jan 1 '20-'25 4s '95 A-0 10,000o
1 1925
Oct
$6.000c_
two
than
more
Not
45
said
deposit.
by
secured
the bonds outstanding and
24.000c_Oct 1 '19-'42 4s '07 .T-D
in the bonds 48
2,000...Dec 1 '19220
Per cent of the deposits of any savings bank shall be invested
1,000-Dec 31 1919
School Loan.
'08 J-D
of telephone companies.
22 4s
:3
.
91194
July
Thily 11.:
Ju
7.000__Dec 1 '19-'26
16.0
$8.00aL
'10 J-D
.
4s
4.000__Dee 2 '19-22
4sBANK STOCKS AND DEPOSITS IN BANKS
4s '16 J
4s '12 J-D
14,000._ _ _Sept' 19-32 4s '14 M-N 2.000...... Nov 1 1919
New
M-8
the
in
'17
on
located
s
2
e
,
associati
3
banking
a
of
stock
SEVENTH.-In the
Bonds.
1913
.Dec 1 '19-'20
of
Act.
Loan
States,
4,000..
United
J-D
the
of
Water
'15
48
England States and incorporated under the authority the laws of and doing 434s
6,000.June 30 '19-'21
J-J $82,700c_July 1 '19-43 4s'16 J-D
or in the stock of a trust company incorporated under
c 15 '19-21
hold
6.000_De
Bonds.
not
shall
on
J-D
Sewer
'17
4s
corporati
such
but
business within this Commonwealth,
8,000__Dec 15 19- 22
more than twenty per 4s '16 J-D*325,000c_Doc 1 '19-'43 4s'18 J-D
both by way of investment and as security for loans
00
00
8:5
62
19
in any GEN. BD. DT. Jan 1 '19_ $
nor
s,
Loan.
or
companie
Park
ons
associati
such
of
stock
the
in
cent of its deposits
4s '96 M-N $15,000o_ -Nov 1 1946
per cent of its deposits Water debt (incl.)
one such association or company more than three
3.551,180 414s'14 M-N 3.000-Nov 1 '19-'24
nor more than one-quarter Assessed val., real
In, nor more than one hundred thousand dollars
.__ 734,645
personal_.
val.,
on
corporati
Assessed
.
Such
Sewer Bonds.
company
or
on
associati
of the capital stock of, such
4,285,825 48 '96 J-D$100,000o-June 1 1936
its deposits in any Total val. 1918
may deposit not more than two and one-half per cent of
States Tax rate (per $1,000) 1918_ -$21.50 4s '03 J-D 10,500-..Dec 31 1923
United
the
of
authority
the
under
ted
on
incorpora
associati
banking
8,000__1)ec 15'19-'22
4s'16 J-D
company incorporated Population 1910. 3,501:1915, 4,501
and located in this Commonwealth, and In any trust
*INT.at Old Colony Tr. Co., Bost. 4s '17 J-D 16,000 June 1 '20-'27
any case exceed five
in this Commonwealth, but such deposit shall not in
stock and
capital
Loans.
the
of
cent
Highway
per
ve
twenty-fi
nor
dollars
thousand
hundred
AMESBITRY.
4Hs'14 M-N $6.000-Nov 1 '19-'24
surplus fund of such depositary.
are restricted
This town is in Essex County.
4s '14 M-N 4.000-Nov 1 '19-'22
Clause Eighth relates to loans on personal security, which
d
authorize
Bonds.
2,500...._ _June 1 1920
loans
-Plant
to
Water
addition
(In
4s '15 J-D
income.
and
deposits
the
of
one-third
to
1
'19-'35
250c_July
on
loan
may
J-Jx$145,
banks
'06
1910,
4s
8
4s '15 J-D J2,000____Deo 1 1919
April
by Clause Eighth, under an Act approved
11.500._ _ Dec 1 1920
V. 90, p. 1376.1 4s '10 J-J a22,000c_July 1 '19-'40
notes with a pledge as collateral of life insurance policies.
'20-'23
1
6,000____Dec 1 1919
bank building. Clause 4s '11 11-N a2,575c_May
'16 J-D
Clause Ninth concerns the amount to be invested in ae,
1919-1938 4s
4.365
and Clause Eleventh 45(s'13 --4s '16 J-D 12,000___Dec 15 1919
Tenth deals with real estate acquired by foreclosur
11,000___Dec 15 1920
Clause Tufelfth rea Sewer Bonds.
with securities acquired in settlement of indebtedness against
4
1919-193 48 '17 J-D
invalidatine 4s '12 J-J 354,3000 ..
5,000_June 1 '20-'21
lates to pledges of securities as collateral and provides
1935-1942 4s '18 J-D 12,000_ _Dec 15 '19-'23
25,000
where the 4s
J-J
the same. For the provisions of these clauses, see V. 87, P. 257,
1919-1938
4%8'13 J4 20.000
Town-Hail-Site Loan.
law was printed in full.
School Bonds.
4s'99 A-0 352,000o-Apr 1 1939
exchange of the kinds
050__Oct 1 '19-'36
SEVENTH (a) In bankers' acceptances and bills of
School Loans.
t with Federal Reserve 4s '16 A-0$112.
and maturities made eligible by law for rediscoun
Chemical Auto Bonds.
J-J $3,000c_July 1 '19-'21
4s
or
on
associati
banking
a
bank,
by
1919-1923 48 '04
32,400c
banks, provided the same are accepted
J-J
'08 J-D 20,0000_ Dec 31 '19-26
11'lto
of
or
of the United States
trust company incorporated under the Laws place
Bonds.
Bridge
48 '10 J-D 21.000c_Dec 1 '19-'25
of business within the
1919-1932
12.333c
this Commonwealth, and having its principal deposits
N J140.000
and of the income 45 '11 J-J
19 4 s'14M- 1 6,000
900
$4841,0
1933
1917May
DEBT
Commonwealth. Not more than 10% of the
BOND.
acbank in bankers'
5,541.685
1920
1
n
real
val.,
2,000_Ja
derived therefrom shall be invested by any savings
'14 J-J I
bank invest in the Assessed val.. personal
1,790,946 4s
1 '21-'33
_Jan
ceptances or bills of exchange, nor shall any savings
113.000_
Assessed
Fedwith
t
7,332.631 4s '15 J-D
1918
8,000.June 15 '19-'26
acceptances and bills of exchange eligible by law for rediscoun
company to any Total valuation
eral Reserve banks of any one accepting bank or trust
(per 81.000) 1918-$20.40 4s '15 J-D 15,000.June 15 '20-'33
derived therefrom. Total tax n
1915, 8,543 4s '10 J-D
9,894;
1,000Dec 1 '19-'20
1910,
amount in excess of 5% of its deposits and of the income
Populatio
of
exchange
The aggregate amount of bankers' acceptances and bills ofsavings bank
INT. on bonds marked (x) at Old 4s '17 J-D $75,000_ _Dec 15 '19-'21
Co., Boston;(a) at First 4s'18 J-D
_Dec 30 '19-'22
any bank, banking association or trust company held by anyof
Tr.
2,000Colony
bank,
such
shall not exceed 20% of the paid up capital and surplus
3,500_ _Dec 30 '19-'25
Nat. Bank, Boston.
4s'18 J-D
banking association or trust company.
BOND.DEBT Apr!'19.. $401,500
360,500
AMHERST.
Floating debt
LIST OF BONDS TO BE PREPARED.
172,981
in each year
This town is In Hampshire County. Sinking fund Jan 1 '19-'..THIRTEENTH.-Not later than the first day of February
notes which are Inc. 1759. Population 1915, 5.558. Borrow. capacity Jan 1 '19 211.616
the Commissioner shall prepare a list of all the bonds and
7
Bonds.
fourth, fifth
18,041,86
-School
Real
third,
clauses
val.(
High
of
z
s
Assessed
provision
the
under
ts
then legal investmen
n and a 4s '15 J-J 1$35,0000_July 1 '19-'25
1Personal _ _ 1,705,681
1918
and sixth. Said list shall at all times be open to public inspectio
1 40,000c_July 1 '26-'35 Total valuation 1918_ ---19,800,998
bank.
savings
every
to
be
sent
shall
thereof
copy
z Sewerage Bonds.
Tax rate (per $1,000) 1918_ _$24.20
a supplementary
The Bank Commissioner issued a report in Feb. 1919, and
$27,0000_July 1 '19-'45 Pop'n 1910. 11,187; 1915, 14,889
considered legal under clauses 4s '15 J-J bonds
850.000
report on April 11919, containing a list of bonds
hall
"State
Townthe
in
appeared
list
This
Act.
INT.at Beacon Trust Co.. Boston.
0
7.210
third, fourth,fifth and sixth of the above
Refunding loan
June 21 1919 page 2552.
and City Department" of the
JUNE, 1919.1
ATHOL.
This town is situated in Worcester
County. Incorp. Mch. 6 1762.
Sewer Dept. Debt.
$110,200
_s
Water Bds.(outside debt limit)
$88,000c _ __ _1919-1926
45
___ 1190,0000 _ __ _1927-1936
5,000c ____1937-1941
School Loans.
A-0 $14,000c -1919-1925
48
4s 8015 J4 33.000c_Oct 1 '19-'24
10,000
1919-1920
_s
1919-1921
__- 18,000
Highway Loan.
_ _1919-1925
_s
_-- $7,000
GEN.BD.DT.Apr 15 '19.. $476,200
Water debt (included)
283,000
Sinking fund (general)
73,644
Assess. val. real
5,136,310
Assess. val. personal
2,345,150
Total assess. val. 1918
7,481,460
Total tax rate (per $1,000)'19_$24.00
Pop'n 1910, 8,536; 1919 (est.) _11,000
INT.In Boston at Commonwealth
Trust Co., Harris, Forbes & Co..
Inc.. and Old Colony Trust Co.
MASSACHUSETTS-CITIES AND TOWNS.
25
BOSTON.-Andrew J. Peters, May- 3340
34
559.000--Jan 1945
or; Thos. W. Murray, City Treas.; 3348
A-0
610,700-_Apr 1945
J. Alfred Mitchell, City Auditor. 3348
3-3 3,100.000_ _July 1945
City was incorporated Feb.23 1822. 3548
A-0
11.000_ - _ Apr 1946
On Nov.2 1909 a charter amendment 33.40
489,000-_June 1946
J-D
was adopted under which municipal 48
J-J 1.150,000___July 1946
nominations are to be made only 330
34
88,150___Jan 1947
upon petition of 5,000 voters. The 4s
A-0
486,850___Apr 1947
Mayor serves for four years. subject 45
34 1,000,000___July 1947
to recall after two years. V.89,0.1234. 4s
A-0
5,000__-Oct 1947
In 1918 the legislature rescinded the 48
49.000___Dec 1947
J-D
recall and made $3,000 the number 48
J-D 2.000,000-June 1948
for petition'for Mayor. On Nov. 7 3545
34
00
:0
900__ ..- __ Janr 1949
1911 the voters accepted an Act 33 Ms
A-0
650
3
passed by the Legislature annexing 48
1,000,000___July 1950
J
the town of Hyde Park, which be- 3345
34
46,000__July 1956
came a part of the city Jan. 1 1912. 4s
M-N 404.000___Nov 1956
V. 93, P. 1337.
48
J-J
500.000-__Jan 1957
Thecounty of Suffolk, in which 4s
M-N
31,000___May 1957
Boston is situated, contains also the 4s
50,000___July 1957
34
cities of Chelsea,and Revere,and the 4s
A-0 2,819.000___Oct 1957
town of Winthrop. Boston, how- 48
34 2,100,000___Jan 1958
ever, receives all the county Income. 4348
M-N 1.300,000_-_Nov 1958
pays all the county expenses, owns 48
J-J 2,500,000___July 1959
the county buildings, and is responsi- 48
3-3 2.815.000___Jan 1960
ble for the county debt, which is
A-0
37,000___Apr 1960
amounted on Jan.31 1919 to $2,942,- 0(8'15 A-0 1,750.000r_Oct 1 1960
616.69. The details of this county 4s
J-J
120.000_ _July 1 1960
debt are included in the following 4s '15 ___
43,000__July 1 1960
financial report for this city.
4s '16 _10,000___Jan 1961
ATTLEBORO.
4s
'16
This town is in Bristol County
___
15,000__Jan 1 1961
Sinking Fund Debt.
Incornorated Oct. 19 1694.
4s '16 ___
350.000 _Apr 1 1961
J-J
$1.905,700___July
33,40
1919
4s '16 J-D 1,400,000r_June 1 1961
Chap. 680. Laws 1914. changing
45
J-J
3,500___July 1919 434s'17
M-N 1,400.000__May I 1962
town government to city government
33.e
A-0
10,000___Oct 1919 4s '17 A-0
boro,.
name "Attleborough" to "Attle46.000.._Apr 1 1962 .
and
38
A-0
8,000___Oct
1919 4)4s'19 ___
'accepted by voters Nov.3'14.
125,000 _ _Apr 1 1964
33.40
J-D
43,499___Dec 1919
Water Bonds
48
J-J
439.500___Jan
1920
4s
A-0 $25,0000_ _Oct 1 1022
Serial Debt.
J-J
3348
600,000___Jan 1920
48
J4 75.000c&rJuly1'23
-'24
48
J-J
16,400___July 1920 3M8'10 J-J
$96.250__Jan '20-'30
48
J4 35,0000 _July 1'26-'27
4s
A-0
44.100___Oct
334s'10
3-3
1920
30.000__Jan '20-'25
4s
J4 13,000c_ _July 1 1928
3s
34
430.000......Jan 1921 334s'10 34
10.000__Jan '20-'21
3 Ms g J4 27.000r __July 1'29-30
48
3-3
500.000___Jan 1921 350'10 J-3
2.680__Jan '20-'22
3 Ms g J-J 10,0000..-Jan 1 1921
38
A-0
173.000___Apr 1921 334s'10 J-J
4.500__ __Jan 1920
A-0 20,0000___Apr 1 1921
3 Ms
48
J-D
700.000___June
354s'10
1921
J-J
186.000__Jan '20-'50
A-0 30.000c_ __Apr 1 1932
34s
34
509,600___July 1921 4s '10 J-J 1.231,400_July '19-'30
3348
48
A-0 30,0000-Oct 1 1933
45
3-5
650,000___July 1921 48 '10 J-J
220.000_July '19-'40
4s '04 A-0 20,000c_ --Oct 1 1934
38
A-0
250.000___Oct 1921 4s '10 J-J
I138,000_July '19-'24
3%0'05 M-S 100,000c-Mch 1 1935 BEVERLY.
J4
250.000___Jan
3348
1922
1352.000_3u1y
This
'25-'40
city
is
In
Essex
County.
334s'05 M-N 50.0000.. Nov 1 1935
38
34
340.550___Jan 1922 48 '10 J-J
1,500___July 1919
48 '08 A-0 30,000c....Apr 1 '20-'34 Founded 1626; a town, 1668; in- 48
A-0
200.000__Apr 1922
22,000_July '20-'30
4s
J-J
1,500c___July 1 1919 corporated as a city May 23 1894.
.I-D 1,339.000_June 1922 is '10 .14
33.40
20,000_July '19-'28
Library Bonds.
4s '11 J-.1
69.5000July 1 '19-'41
48
J4
400,000___July 1922
1,000___July 1929
45
12,000 _ July 1 '19-'30 4a '11 J-D ;818.000c_Dec 1 '19-'21 33.48
A-0
171,400__-Oct 1922 4s '10 J-J
12.700_July '19-'20
1 50.000c_ Dec 1 '22-'31
Park St. !mt. Bynds.
48
A-0
301.000___Oct 1922 45.10 J-J
I10.000_July '19-'20
5
___ $2,000_ __Apr 1 1920 4s '15 A-0 18.000c_Apr 1 '20-'25
4
412,000___Jan
1923
130,000-July '21-'30
School Loans.
534s
6,000_May 18 1921
34
762.500___Jan 1923 43 '10 3-3
3,000_July '19-'21
45 '02 A-0 88,5000_0a 1 '19-'21 383is
Fire-Engine-Station Bonds.
A-0
100.000___Apr 1923 48 '10 J-J
500_-. _July 1919
13.000-July 1 '19-'21 3;is
4s '10 M-N $3.8000_ __May 1 1920 4s '03 J-J
3;is
J-D
863.000___June 1923
1 4,000_July '19-'20
48 '05 M-N 46,000c_May 1 20.'26
School Bonds.
45
34
....July
600,000..
4s
3-3
'10
1923
7,000July
'21-'27
4348'07
M-N
Ms'00
1,000___May
M-N$30.000_-__Nov 1 1920
3
1 1920
A-0
775.000___Oct 1923
500__July 1928
4s '12 F-A 121.000.-Aug 1 '19-'32 4s '10 F-A 48 000c_Aug 1 '19-'30 48
A-0
35,000___Oct 1923 350'11 3-3
12,000_Jan '20-'25
48 '11 J-D
6.0000_ Dec 1 '19-'21 334s
Railway Bonds.
J-J
99,000___Jan 1924 330'11 3-3
16,000__Jan '20-'21
4Ms
$22,500_-Oct 1 '19-'28 48 '12 M-N 70.000c_Nov 1 '19.'32 48
.14
386.800___Jan 1924 4s '11 J-J
56.000__Jan '20-'26
48 '12 M-N 4.000c_Nov 1 '19-'22 33,40
Sewer Bonds.
33,48
J-D
483,000.._June 1924 48 '11 3-3
36.000__Jan '20-'31
Water Loans.
J-J 3144,000-July 1 '19-'40
45
34
100.000..__July 1924 3q ell 3-3
50.000__Jan '20-'29
4s
J-J 151,000__July 1 '19-'42 48 '03 J4 $7.000c_July 1 '19-'24 48
4s
A-0 1,100,000___Oct 1924 3 e'll J-J
32,000_July '19-'26
A-0 72,000__Oct 1 '19-'41 3 1.4s'05 A-0 19.000c __Oct 1 '19-'28 48
4s
.14 1,039.500..__Jan 1925 3 all 34
6,000_July '19-'21
8,000c__Oct 1 '19-'22
TOTAL DEBT Apr 1 '19_$1,232,000
48
A-0
50,000......Apr 1925 4s '11 M-N 650,000_Nov '19-'31
Tax notes (incl.)
125,000 48 '05 A-0 { 1,000c.... Oct 1 1928 3
A-0
208,000__Oct 1925 4s '11 M-N 180,000_Nov '19-'36
4,000c__Oct 1 '29-'30
Sinking funds
331,342
J-D 1,077.000_Dec 1925 4s '11 M-N
52,000..Nov '19-'31
Water debt (incl. above)_ 546,500 43.40'14 J4
2,000.. July 15 1919 354s
3-3
24,500-__Ja.n 1926 4s '11 M-N I 8.000_Nov '19-'21
33.48
Water sinking fund (incl.) 162,607 4s '15 J-D 1 2,000_ _June 2 1920 33.4s
J-D
106.000___June
120,000_Nov
'22-'81
1926
Assess. val., real
1.000June
1 1921
14,276,100
3-3
661,300...._July 1926 4s '11 M-N
80.000_Nov '19-'26
Assess. val.. personal
6,637,125 4s '15 A-0 18.000c Apr 1 '20-25 4s
A-0
24,000_Oct 1926 48 '11 M-N 299.000_Nov '19-'41
Total valuation 1918_ _ _20.913,225
20.000c_Anr 1 '98-'35 33.4s
J-D
4.350___Dec 1926 48 '11 M-N 158.400_Nov '19-'21
Total tax (per $1,000)1918__ _$19.60 43.40'18 F-A 11,000__Aug 1 '19-28 3Ms
34 1,025,250___Jan 1927 48 '12 A-0
334s
59.500__Oct '19-'32
Sewer Loans.
Pop'n 1910, 16,215; 1915____18,480
48
A-0
33,000--Apr
30,000__Oct '19-'21
4s
1927 48 '12 A-0
'93
J-J
$4,000c_
_July
1
1919
INT. at Boston Safe Deposit & 4s '00 J-J
48
34
958,700___Julr
5.000__Oct 1922
1927
28,000c_July
i '19.25
& Trust Co., Boston, First Nat. 45 '03 A-0
A-0
50,000..__Oct 1927 48 '12 A-0
24,000__Oct '19-'22
i20,000c_Apr 1 '20-'24 48
Bank and Commonwealth Trust Co.,
J4 2,200.000___Jan 1928
3340
40.000__Oct
'23-'32
20,0000.Apr
1
'25-'34
of Boston.
A-0
50,000-__Apr 1928 48 '12 A-0
i30,000__Oct '19-'27
48 '08 A-0 84.0000.A pr 1 '20-'31 33,40
A-0
48
17,000---Apr 1928 is '12 A-0
252.000__Oct '19-'32
25.000c_Apr 1 '32-'36 4s
J-D 1,381.000.___June 1928 48 '12 A-0
597.360__Oct '19-'37
4348'07 A-0 8,000c_Oct 1 '19-'22
AYER.
3-3
505.000-July 1928 4s '13 3-3 1,191,750__Jan '20-'33
This town is in Middlesex County. 48 .11 .14 16.000c_July 1 '19-'22 3
A-0 1.131.000-__Oct 1928 4s'13 A-0
20.000-Oct '19-20
4s '12 ___ f 9.000.._..Dec 1 1919 33.45
Incorporated in 1871.
J-J
650-Jan. 1929 48 '13 A-0
2.000__--Oct 1919
Water Bonds.
190.700__Dee 1 '19-'35 334s
33.48
A-0 1,445.800_--Apr 1929 4s'13 A-0
6,000__Oct '19-'21
4s
M-S $25,000
8,000__June 1 '20-'23 33.48
1928-1936 5s '18 J-D
3-3
1,574,000_July,
1929 4s '13 A-0
12.000__Oct '19-'24
Park Loan.
($5,000 biennially.)
A-0
300,000___Oct 1929 4s'13 A-0
22.500__Oct '19-'23
is '96 J-J $4,000____July'20-'21 3345
Water Notes.
J-J 1,627.000___Jan 1930 45 '13 A-0
f14.400__Oct '19-'23
4s
M-S $14,000_ _Feb 1 '20-'26 45 '06 J-J
2,000____July '19-'20 3)48
A-0 109,000-__Apr 1930
120.000_ _ Oct '24-'33
48 '12 M-N 16,000c_Dec 1 '19-'26 33,40
park Notes.
3E;
J-J
179,200_Ju1y 1930 0(8'13 M-N 800,000_Nov '19-'38
4s
Dredging_ Loans.
--- $3,000
J-J 1.628,000___July 1930 434a'13 M-N f 88,000_Nov '19-'28
is '03 M-N$11.000c_Nov 1 '19-'22 3Ms
School Notes.
38
A-0
278,350_-_Oct 1930
1 40.000_Nov '29-'33
Bath-House Bonds.
4s
- $4,000-- _Oct 1 '19-'22
3-3
255.000___Jan 1931 43(8'13 M-N
88,000_Nov '19-'28
48 '16 A-0f$6,000c_ _Apr 1 '20-'21 38
Bridge Bonds.
38
A-0
300.000___Apr 1931 048'13 M-N I 40,000_Nov '19-'23
45
__- 32.000_ _Nov 1 '19-'22
110,000c_ _Apr 1 '22-'26 3345
34 1.850,000___July 1931
1 35,000_Nov '24-'28
GEN. DEBT Dec. 3 1918_ $9,000
Playground Bonds.
38
A-0
338.000___Oct 1931 4348'13 M-N 180.000 _ Nov '19-'33
Floating debt
5,000 is '10 J4 $2.000 __July 1 '19-20 38
3-3
682,000....Jan 1932 434s'13 M-N 551.906.25_Nov '19-'33
Water debt (additional)
Street Loans.
41,000
3s
A-0
56.300.._ Apr 1932 4348'13 M-N 1190,000_Nov '19-'31
48
'03
Assess. val. real estate..
54
$16,000cjuly 1 '19-'23 33,40
2,376.035
3-D 3,174.000___June 1932
1 28.000_Nov '32-'33
As.sess. val. personal
5,000c_ __Dec 1 1919 33,40
690,156 48 '12 J-D
34
10.000___July 1932 48' 14 J-J
30,000__Jan '20-'25
Total val. '18( act.)
20.000cJuly 15 '19-'22 33,40
3,066,185 48 '14 J-J
A-0
55,001___Oct
1932
4s
A-0
'14
24.000__Apr '20-'25
Tax rate (per $1,000) 1918-417.50
4,000c__July 15 1923 33,40
3-3
983,000___Dec 1932 4o'14 3-3
12,000_July '19-'24
Pop'n 1915. 2,779: 1918 (est.). 3,300 48 '15 M-N120,000_May 1 '20-'24
3Ms
34
30.000_Jan 1933 is '14 3-3
4.000_July '19-'22
2,000____May 1 1925
3-D 1.500.000___June 1933 is '14 J-J 2,032,000.July '19-'34
33.4s'18 M-S 20.000c_Mar 1 '20-21 3Ms
3Ms
1,800,000..__Jan
.1•4
1934 is '14 3-3
807.000July '19-'39
TOT. DD. DT. Apr 1 '19- 3927,000
BARNSTABLE COUNTY.
J-D
900,000...._June 1934 48 '14 J4
33-4a
253,000_3uly '19-'29
Assessed val., real
The county seat is Barnstable.
48
A-0
60.000.-Oct 1934 is '14 3-3
I 7,000___July 1919
Assessed val., personal.. 28,558,415
Court-House Notes.
6,669,926 33.40
A-0
100,000__Oct 1934
190,000.July '20-'34
A-0 36,000___Oot 1 '19-'21 Total valuation 1918
348
35,228,341 31.40
34
741,500___Jan 1935 48 '14 3-3
26,000_July '19-'30
Borrowing capacity
Infirmary Bonds.
424.494
48
1.000,000___Apr
A-0
4s'14
1935
A-0
32.000__Oct '19-'34
4s '16 M-N$40,000__Dec 1 '19-'26 Tax rate (per $1,000) 1918 ---$17.80 48
34 1,500.000_ _ _ July 1935 4s '15 J-J
6.000__Jan '20-'25
4s '16 A-0 22.500_Apr 20 '20-'26 Pop'n 1910. 18,650; 1915, 22,959
34
819,000___July 1935 48 '15 34
33.48
110,000__Jan '20-'30
INT. on sewer bonds of
58
22,500__June 1 '19-'27
A-0
9.500___Oct 1935 48 '15 34 I 60,000....Jan '20-'23
334s
and 1911 and all issues since 1908
BOND. DEBT Dec 31 '18 $87.500
1911
45
A-0
10,000_0ct 1935
1 168.000....Jan '24-'35
Note debt
6,000 (except 1915) is payable at Old 33,40
J-D 1,338,000___Dec 1935 4s '15 J-J
320,000 ..Jan '20-'35 '
Floating debt
12,888 Colony Tr. Co.. Boston; 1915 issues 33.40
3-3
304.500__Jan 1936 4s'16 A-0
12,000__Oct '19-'24
Assessed valuation, real 32.069.747 payable at Commonwealth
Tr. Co., 33.40
A-0
600,000.._Apr 1936 48 '15 34
8.000__Jan '20-'27
Assessed val., personal____ 6,030,715 Boston; on other loans at First Nat. 33,40
J-D
170,000___June 1936 48 '15 A-0
880,000rOct 1 '19-'40
Total valuation 1918
38,100,462 Bank, Boston.
48
J-J
2.764,000___July
1936 48 '15 A-0
375,000rOct 1 '19-'33
Population in 1915
27,542
4s
A-0
100.000___Oct 1936 is '15 A-0
256,000rOct 1 '19-'35
BILLERICA.
A-0 1,500.000__ _Oct 1936 45 '15 34
9.000_July '19"27
This town is in Middlesex County. 3Ms
34
618.000___Jan 1937 is '15 3-3
BELMONT.
334s
6,000_.iuly '19-'20
Inc. 1655. Population 1915,
3,246. 48
A-0
352,050___Apr
This town (P. 0. Boston) is in
4s
1937
'16
_
32.000__Jan
'20-'35
Bridge
Bonds.
4s
34 1.710.600___July 1937 43 '16 34
Middlesex County. Incorp. in 1859. 4s '10 F-A
33,774__Jan '20-'27
$1,000c___Aug 2 1919 3 48
3-3 1,584.000-July 1937 is '16 5-3
School-House Bonds.
Jan '20-'23
2,009.
33.40
Aug
1.000r
1919 48
A-0
4,350......Oct 1937 48 '16 J-J
45 '04 A-0 $6,0000_Oct 1 '19-'24
9.000__Jan '20-'22
Water Bonds2
J-D
9,000-Dec 1937 4s'16 34
8,000c_ _June '20-'23 is
3 Ms
J-D
110,500Jan '20-'36
M-N $93.0000_ _May 1 1928 45
3Ms
3-3
600,000_-_Jan 1938 48 '16 34
4,000c_July 1 '19-'22 .8
48 '08 J-J
7,000__Jan '20-'26
__, 60.720
1919-1940 33.48
A-0
200.000_--Apr 1938 4s '16 --1,500c_July 1 '19-'21
4s '11 54
20.000July '19-'28
School Bonds.
48
J-D 1.055,000_-_June 1938 48 '16 --4s '13 J-D 45.000c.Dec 1 '19-'33 _8
10,000-.1919-1928
--- 331.200
1919-1929 31.40
34
200,000__July 1938 48 '16 ___
A-0 2.000c.-Oct 1 '19-'20 3 Ms
41.40
8.000___1919-1926
Apr 25,0000.-April 1921 4s
A-0
8.900-Oct 1938 is '16 3-12) 880,000rJune 1'20-41
1.000___July '19-'20 BOND. DEBT Dec 31
4s
J4
'18..
$145,000
3
Ms
..Oct
A-0
50,000._
1938
45 '16 3-D
403,750rJunel'20-36
4s '16 J-J 121,0000Jan 1 '20-'26 Floating debt.........-.. 162,300 33,40
A-0 1.083.000.,...Apr 1939 43 '16 3-D f 122,000rJune 1'20-26
120,000c_Jan 1 '27-'36 Sinking fund
105.669 31.40
650.000___July 1939
34
4s '1t A-0 3.500c__Apr 1 '20-'26 Assessed val., real
1 170.000rJune 1'27-36
5,036.868 35.4s
400.000___Jan 1940 48 '16 J-D
J-J
High-School Loan.
255,000rJune 1'20-36
Assessed val., personal_...._1,242,811 3Ms
3-3
250.000_ - _July 1940 48 '16 J-D J 6,000rJune 1 1920
4s '16 A-0$122,000c_Apr 1 '20-'36 Total valuation 1918
6,279.679 38
A-0
250,010......Oct 1941
Street Loans.
1 96,000rJune 1'21-36
Tax rate (per S1.000) 1918.-322.00
3s
34
206,000-_Jan 1942 48 '16 J-D
4s '15 A-0 $2,000c.._ _Apr 1 1920 Population in 1918
68,000rJune 1'20-36
3,800 33.18
J-D
700,000__June 1942 4s '16 J-D
4s '16 A-0 4,01/O....Apr 1920-'21
140,000rJune 1'20-33
1NT, pa able in Boston on water
3-3
300.000-Jan 1943 4s '16 34) i 48,000rJune 1'20-25
33.48
4Ms'17 A'0 f2,000cApr 1 '20-'21 bonds at Old Colony
Trust
Co.
and 33.40
J-D 1,500,000-June 1043
3,0000_Apr 1 '22-'27 on town-hall bonds at Mercantile
77.000rJune 1'26-36
33,48
J-J
50.000___Jan 1941 is '16 J-D
438'18 A-0 4,500.-- Aprl '20-'28 Trust Co.; on bridge
28,000rJune 1'20-26
3Ms in Lowell.
3345
J-D 4.136:900.-_June 1944'
10,000rJune 1'27-31
Water Loans.
4s
F-A $8.000c_ --Aug 1 1925
48
54
6.000c...July 1 1926
is
J-D
5.0000.-Deo 1 1926
te
J-D
7.0000_ _June 1 1929
4e '09 A-0 10.000c_ -Apr 1 1939
4)4s'13 _-- 12.000c__Apr 1 '20-'43
Electric-Light Bonds.
4a
A-0 $2,000c_Apr 1 '20-23
is
J-D 14.0000.. __June 1 1928
is '15 A-0 2,000c_Apr 1 '19-'23
is '16 --5.000_Sept 1 '19-'28
Sewer Loan.
48
M-N 318.000c_ _Nov 1 1924
48
J.4
9,0000_ _-July 1 1926
4s
• J-D
6.000c.. __June 1 1927
3345
J-D 20.0000-June 2 1932
3 Ms
A-0 10,0000_ ..-Oct 2 1930
48 '07 M-S 10.000c___Mch 1 1937
45 '08 J-D 10,0000.•June 1 1938
48 '11 J-D 10,0000_ ..June 1 1941
48 '12 F-A 10,000cFeb. 1 1943
48
J-J
3,000___July '19-'24
4s '15 54
8.500cJuly 1 '19-'35
is '16 A-0 8,500c_Apr 1 '20-'36
46 '16 ___
4,000Sept 1 '19-'26
4545'17 F-A 11,000c_Aug 1 '19-'29
4345'17 F-A
3,000c_Aug 1 '19-'24
Surface Drainage Bonds.
is '15 A-0 $3,000c_Apr 1 '20-'25
Police-Signal Bonds.
4s '17 A-0 $4,500_ ..Apr
_Apr 1 '20-'22
Fire Department Bonds.
4Ms'17 F-A
$500____Aug 1 1919
434s'18 A-0 3,000Apr 1 '20-'22
TOTAL DEBT Apr 2 1919 474,500
Bonds outside limit
203.000
Sinking'General
$47,136
fund 1Water
19,879
Borrow.capac.
137,000
Assessed val., real
12,036,266
Assessed val.. personal
903,302
Total valuation 1918_ _ 12,939.568
Total tax (per $1,000) 1918-$20.00
Population 1910, 5,542; 1915, 8,081
INT.at Beacon Trust Co.,Boston
26
MASSACHUSETTS-CITIES AND TOWNS
[VOL. 108.
48'96,33'97M-N 50,000o __May 1 '26-27
Playground Bonds.
RECAPITULATION OF THE OBBOSTON (Concluded)
45 '97 F-A 15,0000. .Aug 1 1927
JECTS FOR WHICH THE OUT- 48 '11 J4 $1,500c_July 1 '19-'21
$2,000.June 1'20-21
4s '16 ___
4s '98 F-A 10,000c_ _Aug 1 1928
500
17
Apr
'19_4250,
DEBT
BOND.
DEBT
STANDING FUNDED
3,000__Oct '19-'21
4s '16 ___
'02 M-N 110,000r_ -Nov 1 1932
4s
25,000
Floating debt
WAS CONTRACTED.
45 '16 ___
33.000__Oct '19-'29
'03 J4 27,000r-July 1 1933
48
142,513
funds
(water)
Sinking
Debt.
City
45 '16 __
18,000__Oct '19-'27
J-D 10,000o_ __June 1 1929
340'99
_9.598,286
1918_
assess.
val.
Total
9.000_ _Oct '19-'21 Bath houses, gymna48 '16 ___
_Nov 1 1929
$412,000 00 Total tax (per $1,000) 1918__321.60 340'99 M-N 12,0000_
sia, •itc
4s '16 - 475,000__Oct '19-'35
M-S 15,0000_ _Mch 1 1930
340'00
10,000
1918,
8.066:
1910,
Pop'n
00
1,369,217
us
miscellaneo
1 29.000___ Oct 1936 Bridges,
1 1931
..Apr'
13,000o_
A-0
40'01
3
Bos.
Bk..
Shawmut
at
Nat.
z
INT.
1,352,900 00 .
450,000_ _Nov '19-'36 Cambridge bridge
334s'16 ___
340'01 J-D 15,000o__June 1 1931
1,415,000 00
45'17 M-N1,292,000._ May 1 '20-'37 Charlestown bridge
75.000o-Apr 1 1932
A-0
340'02
ATER.
BRIDGEW
00
*373,200
48'17 M-N 45.000. May 1 '20-'28 Ferries
1 1932
This town is in Plymouth County. 340'02 F-A 15,000o....Aug
725,000 00
High-press.fireservice
340'02 M-N 190,000o&r_Nov 1 1932
• Water Debt-Cochituate Water Miscellane
High School Bonds.
980,700 00
ous
3,0000_ __July 1 1933
4s '89 A-0 $102,000__Oct 1 1919 Public buildings, excl.
430'18 J-J $85,000-.July 1 '19-'35 340'03 J-J
F-A 165,000c. .Feb 1 1934
32,000__Oct 1 1920
48 '89 A-0
6,289,332 00 Total note debt May 9'19- 111,250 330'04 J-J
of schoolhouses
25.000c-July 1 1934
53,000__Oct 1 1920
50.000 344 '04
4s '90 A-0
2,262,111 00 Assessmentdebt
s
F-A 50,0000_ _Feb 1 1935
45 '89 A-0 136,000_0ct 1 1921 Playground
None
330'05
fund
11,847,050 00 Sinking
parks
Public
25,000r-Aug 1 1935
-A
1922
F
1
1.000__Jan
•4s '92 J-J
_4,509,702 330'05
145.000 00 Total assess, val.
&c_
__Apr 1 1936
75.000__Apr 1 1922 Public grounds,
4s '92 A-0
$1,000)'18423.00 340'06 A-0 25,0000. __June
es & sites_ 15,994,500 00 Total tax rate (per 1918_1 1936
20,000r_
J-D
'06
43
45 '89 A-0 165,000-Oct 1 1922 Schoolhous
9,381
00 Pop.'10,7,668''15
us
12,562,860
miscellaneo
Sewers.
$145
Mch 1 1937
25,000c48 '07
5.000__Oct 1 1923 Bennington St. sewer
45 '89 A-0
30,000r-July 1 1937
J-J
'07
4s
350__Oct 1 1923
48 '93 A-0
COUNTY.
00
73,800
BRISTOL
damages
r 1 '20-'37
48 '93 A-0 419.000--Oct 1 1924 Charles
County seat at Taunton. Incor- 4s '08 A-0 36,000r-Ap
800,000 00
River basin
-A 21,000r__ _Aug 1 1937
$1,400__Nov 1919 Improved sewerage
340'89 M-N
313,000 00 porated 1685. Pop'n 1915, 346.964 4s '08 F
1 '20-'38
-Apr
28,500r
A-0
340'09
2,000__Oct 1 1919 Separate systems of
340'89 A-0
&
Bonds.
Notes
Bldg.
Registry
M-N 19,000r -Nov 1 '19-'38
1920
18.000__Jan
3s'89 J4
6,846,000 00 4s '13 J-D 40.000c. Dec 24'22-'23 340'09 F-A
drainage
14,000r ____1920-1933
1920 Stony
50,000_ _Jan
4s '10
334s'90 J-J
Notes and Bonds.
00
Bridge
671,420
Brook
87.000__July 1 1929 Miscellaneous streets_ 7,746,510 00 4Yis'13 J-D 1$10,000c_June 16 1919 48 '10 A-0 11,000r_.1919-1930
330'99 J4
42,000r_Oct 1 '19-'40
1 60,000c J'ne 16 '20-'22 46 '11 A-0 42.000r_Ju
Hyde Park Water Debt.
Highways, making of 12,212,001 00
ly 1 '19-'40
9,000c_Aug 15 '19-'27 4s '11 J-J
4s '10 A-0$336.000c_Apr 18'20-40 Blue Hill. & 0th. aye's 2,020,000 00 43,0'17 F-A
84,000r_Mch 1 '20-'35
M-S
'11
44
90,000 00
Court-House Notes & Bonds.
Street lighting *equip_
Other Hyde Park Debt.
M-S 26,400_Mar 15 '20-'43
44(8'13
2
1919
ug
$10.000c_A
00
P-A
4,416,000
4s
'11
transit
Rapid
ay
'20-'27
A-0
43
$72.000_M
A-0 5.000__Oct 1 '19-'23
Cambridge connect. 1.465,000 00 4s '12 A-0 10,000c_Apr 17 1920 440'13
A-0
8,000_May '28-'29
48
'14 F-A 25,000__Feb 1 '20-'44
Dorchester tunnel_ 10,738,000 00 4s '12 J-D 140,000c Dec 26 '19-'20 45
6,000_May '30-'31
A-0
4s
J-D 23.000__June 1 '20-'41
'14
4s
26
1921
ec
10,000c__D
00
3,283,000
tunnel
Boston
East
J-J
-48
9,000_July '19-'21
r 1 '20-'40
10,000c__July 23 1922 4s "15 A-0 21.000__Apt
East Boston tunnel
6,250____Oct 1919
A-0
48
12.000--Oc 1 '19-'30
2,450,000 00 4s' 13 J-J 40,000c_July 23'23-'24 48 '15 A-0
extension
14,500_ _Jan '19-'27
J-J
45
1920-1946
20,000c_July 23'25-'26 4s '16 A-0 27,000
sub_ 8,442,700 00
&
tunnel
Boston
1920-1947
Suffolk County Court House.
St. subway- 5,105,000 00 48 '14 A-0 10.000c.._Oct 1 1924 4s '17 - 28,000
20,000__May 1 '19-'28
A-0 $289,000._Oct '20-'35 Boylston
38
440'18
00
al School!. Bonds.
Agricultur
120,000
debt
town
Park
Hyde
Cemetery Bonds.
A-0
800.000___Oct 1919
340
$33.000c_July 15'19-'29
J-J
'14
Debt.
46
Water
406.000...July 1922 Addl supply of water
J-J
48
1 0c June 15 '19-'23 48 '15 J4 $2.000--July 1 '19-'22
787,350 00 4s'16 ---5,00
75.000__Oct 1923
A-0
48
City Hall.
500c June 15 1924
395,400 00
of mains,&c
4s '92 J-D $3,000r_June 1 '20-'22
40.000_ __July 1924 Exton.
J-J
45
onds.
•
Refunding
service
15 '20-'23
A-0
800,000___Apr 1937 High
3448
00 *0'14 M-S f18,000c_Sept 3 '19-'24 45 '93 A-0 7,200r_Apr
352,000
debt
water
Park
Hyde
6,000r_Nov 1 '19-'22
100.000___July 1938
J-J
340
120,000c_Sept 3 '25-'34 4s '93 M-N 10.000r_No
County Debt.
v
1 '19-'22
M-N
'93
45
'19-'24
4
6.000c_Dec
00
Plant.
Heat.
430'14 J-D
Suffolk Co. Pow.&
Suffolk Co.courthouse z2.942,667
Street-Improvement Bonds.
$32.000__ _1920-1927
4s '15 J-D 34.000c_June 2'19-'35 3348'09
45 '17 __1919
J-J $2.000r
M-S 17.000c_Sept 3'19-'35
and co.
4s'15
city
Total
1920
3.500
4s '10 F-A
Highway Bonds.
1'19)$127,124,218 00 48 '16 A-0 85,000c_Apr 15 '20-'36 4s
debt(Jan.3
1
'20-'21
--May
1
uly
10,000
'19-38
M-N
$200,000_J
'11
4348'18
*$200.000 of this amount trans- 45 '16 J-D 18,000c_J'ne 30 '19-'36
'11 A-0 7.000 _Apr 1 '20-'21
Dorchester Tunnel Bonds.
ferred to sewer division under Chap- 440'17 J-J 57,000c_July 23 '19-37 45
10,500-Mar 1 '20-'22
1$153,000__Oct 11983 ter 450. Acts of 1899.
BOND.DEBT Apr 14 1919 $575,000 4s '12 M-3
43,is'18
64.973 4s '12 M-8 3.000__Mar 1 '20-'22
1 88,000__Jan 1 1964 z Includes $400,666 69 Issued by Floating debt
16,000__June 1 '20-'23
J-D
440'13
,164,305
1918___359
val.
Chapter
assess.
under
lth
Total
Boylston Street Subway Bonds. the Commohwea
M-N 1,000..May 15 '20-'21
INT. at First Nat. Bank, Boston, 440'13
4 y,s'19 -_- $100,000- _Jan 1 1964 534. Acts of 1906.
4s '14 J-J 15.000__July 1 '19-'24
or by check to holders of bonds.
4s '14 M-N 5,000__May 1 '20-'24
Jan.31 1919. Jan.31 1918. Jan.31 1917.
TOTAL DEBT, &c.4s '15 M-S 8,000----Mar 1 1920
$86,622,101 $87,820,581 $88,855,231 BROCKTON.
City debt proper
4s '15 A-0 4,000____Aprll 1920
2,147,450
County.
Plymouth
1,875,750
in
is
1,659,750
city
This
debt
Water
7,000__July 1 '19-'25
3,727,500 moor. Apr.9 1881. Pop'n '15.62.288 48 '15 J-J
3,684,333
2,942,667
County debt
500____July 1 1919
4s '15 J-J
35,899,700 35,317,700 33,708,700
Fire Department.
Rapid transit debt
250....Oct 1 1919
A-0
'15
4s
1920
$5.000r
45 '06 A-0
ay 1 '20-26
10.500__M
M-N
81
'16
4s
$128,438,8
11.000 --_1920-1930
$127,124,218 $128,598,364
Total bonded debt
45 '10
-Aug 1 '19- 23 4s '16 M-N 14,000__May 1 '20-'21
-44,657,315 44,028,187 43,895,687 45 '13 F-A 10,000_
'Sinking funds, &c
y 1 '20-'21
6,000__Ma
M-N
4s'16
Bonds.
Poor-Department
$82,466,903 $84,570,175 $84,543,194 440'13 M-N $6,000r_May 1'20-'23 48 '16 M-N 7,000 .May 1 '20-'26
Net debt
926
____1919-1
J-D
8,000_
45
'16
sinking
debt,
funded
gross
the
of
amount
the
Bonds.
shows
table
following
Sewer
The
434s'17 M-N 1,500__May 1 '20-'22
4s '92 F-A $2,000r-Aug 1 '19-'22 434s'17
.funds and the net debt for the following years:
M-N 24,000_ _May 1 '20-'27
June 1 '20-'23
7.000rDebt.
Net
J-D
'93
4s
Funds.
Sinking
Debt.
Gross
YearsM-N 21,000...May 1 '20-'22
82,446,903.00 4s '93 J-J 40,000r_July 1 '19-'23 434s'17 J-J
$127,124,218.00 $44,657,315.00
1919 (Jan. 31)
8,000....July 1 '19-'22
pr 1 '20-'24 434s'17
44,028,187.0084,570,177.00 48 '95 A-0 35.000r-A
. . •
1918 (Jan. 31)
24,000__May 1 '19-'23
4348'18
'20-'23
1
_Apr
20,000r
.14
A-0
84,543,194
.88
'93
4s
43,893,686
1.02
128,438,88
1917 (Jan. 31)
1920
1,200
20-'27
1
y
8,000r_Ma
.32
M-N
85,621,402
48 '95
41.773,295.36
127,394.697.68
1916 (Jan. 31)
1921-1925
5,000
81,974,576.95 3448'02 A-0 2,000r..1920'-21 4448'19
42,830,937.39
124,805,514.34
1915 (Jan 31)
1926-1929
2,000
1919-'23
5.000r
.21
J-D
78.961,370
40'01
.80
3
41,564,210
1.01
120,525,58
1920-1924
1914 (Jan. 31)
30,000
73,474,232.65 330'95 A-0 14.000r_Apr 10 '20-'29 430'19
43,567,856.68
117,042.089.33
1912 Jan. 31
Sidewalk Bonds.
39,370.433.42 . 71,345,972.58 340'01 A-0 11.000o --Apr 11920-'30
110.716,406.00
1910 Jan. 31
1920-1924
$15,000
440'19
'20-'35
__Feb
16.000r
.12
-A
F
62,427.219
330'01
.88
31.694,386
94.121.606.00
1905 Jan. 31
58,333.337.59 330'06 A-0 11,000r ____1919-1929 45Playgrounds.
28,663.641.39
86.996,978.98
1900 Jan. 31
'12 M-8 $23.000..Mar 1 '20-42
____1920-1926
7,000r
.24
A-0
31.075,832
'06
48
.98
22,854,262
.22
53,930,095
30)
1890 April
440'13 M-N 7.000_May 15 '20-'33
26.005.620.59 4s '06 A-0 18,000r-Apr 1 '20-'37 4s
14.943.711.59
40.949,332.18
1881 (April 30)
1.500__Dec 15'19- 21
'13 J-D
38
4s '06 A-0 19,000r --1919-1940
200____July 1 1919
4s '14 J-J
ASSESSED VALUATION.-The city's assessed valuation of real estate 45 '10 F-A 21.000r -.1920-19
e 1 '20-'24
5,000__Jun
J-D
'14
4s
'20-'26
1
il
follows:
as
7,000r_Apr
been
have
rate
A-0
tax.
and
'11
45
and personal property
y 1 '19-'25
J-J
7,000-Jul
Tax
4s
of
'15
Rate
'20-'42
1
ar
Assessed Valuation
4s '12 M-S 23.000r..M
Total.
per $1,000. 440'13 J-D 19.000r_June 1' 20-'38 4s '15 A-0 4,000-Oct 1 '19-'26
Personal.
Real.
Years$21.20
$1,498,222,298
14 A 0 20.000..Apr 1 '20-'39 4s '15 A-0 1,750__Oct 1 '19-'21
$184,668,698
31,313,553,600
1918
17.70 4s '15 A-0 21.000__Apr 1 '20-'40 4s '16 M-S 3,000__Sept 1 '19-'24
1,467,166,143
162,545,343
1,304,620,800
1917
1 '19-'28
17.80
000
1,592,995,
0
313.219,30
M-N 23,000__May 1 '20-'42 4s '16 M-N 10,000„Novy 1
'17
700
4s
1,279.775,
1916
'19-'22
4,000__Jul
17.50 440'18 M-N 15,000___May '19-'28 440'17 J-J
1.541,351,400
303,902.900
1.237,448.500
1914
16.40 440'19 ___ 115,000
Drainage Bonds
1920-1924
1,481,819,920
295,345,020
1,186,474,900
1912
20
1919
ov
$1,100r__N
M-N
45
16,40
'89
423
1925-1929
1,393,760,
3
110,000
274,771,32
1,118,989,100
1910
600r_June 1 '20-'22
48 '92 J-D
16.00
1,259,745,682
238,314,482
Park Bonds.
1,021,431,200
1905
3,200r_Sept 1 '19-'22
'92 M-S
4s
14.70
'20-'21
832
1
-Apr
1,129,175,
2
$2,300
A-0
226,685,13
'11
0
43
902,490,70
1900
500r.._July 1 1919
12.80 48 '12 M-S 2,000r_Mar 1 '20-'22 4s '95 J-J
951,367,928
206,616,878
744,751,050
1895
7,000r -1919-1932
13.30 440'13 A-0 3,000r.Apr 1 '20-'23 340'02 J-D
822,041,800
202,051,525
619,990,275
1890
1919
1,000r
A-0
15.20
5
3448'05
639,462,49
Park.
5
dland
202,092,39
Playgroun
0
437,370,10
1880
.1919-1920
1.000
15.30 430'19 _ _ _ $5,000
1920-1924 45 '10 A-0
584,089,400
218,496,300
365,593,100
1870
48 '11 A-0 2,000.-Apr 1 '20-'21
Bonds.
School
_June 1920 4s '12 M-S 3.000r_Mar 1 '20-'22
The tax rate for 1918 includes the State tax, $2.99 per $1,000 ,the county
tax of 330'00 J-D 12.000r___
Mar 15 '20-'23
tax, $1.36, the oity tax proper, $16.85; total, $21.20. Of the city
340'04 F-A 25.000o.Feb 1920-'24 430'13 M-S 4.0005,000__Apr 1 '20-'24
$16.85 $4.48 is for school expenditure.
330'05 F-A 30.000o -_1920-1925 48 '14 A-0 6,000_Sep
t 1 '20-'24
M-S
440'14
26
-1919-19
14.300r
in Boston, exclusive of 4s '06 J-D
DEBT AND TAX LIMITATIONS.-Taxeslaw
r 1 '20-'27 4s '15 A-0 6,000......Apr '20-'25
to be raised on account Is '07 A-0 24,000r-Ap
by
y 1 '19-'25
3,500_Jul
J-J
27
the State tax, county tax and sums required
'15
4s
-1920-19
36,000r
D1-N
'08
amend4s
of 1910 and
4,000„July 1 '19-'26
of the city debt, are limited by Chapter 521 of the Acts
1920-1930 48 '16 J-J
of the taxable 4s '10 F-A 44,000 10,500_May 1 '20-'26
ments, to $14.29 on every $1,000 of the assessor's valuation
being first reduced 4s '11 A-0 30,000.-Apr 1 '20-'21 48 '16 M-N
3,600..May 1 '20-'27
property therein for the preceding year, said valuation
M-N
434s'17
'19-'22
1
_July
4.800_
J-J
'12
thirty-first
4s
previous to the
y 1 '20-'27
by the amount of all abatements allowed thereon
45 '12 M-S 32.500-Mar 1 '20-'32 434s'17 M-N 8,000_Ma
.
day of December in the year preceding said assessment
ay 1 '19-'23
10,000__M
'20-'33
1
r
440'18
24,500__Ap
A-0
Re440'13
edition.
1902
the
of
27,
Chap.
1920-1929
Sec. 2, Chap.312, Laws of 1885 (Sec. 3,
40,000
___
'20-'33
15
r
440'19
31.500__Ap
A-0
of
%
34
2
at
440'13
1920-1924
vised Statutes), places the debt limitation of the city of Boston preceding 440'13 J-J 45.000_ _July 1'19.'33 440'19 ___ 10,000
the average assessors' valuations of the taxable property for the
City-Farm Bonds.
A-0 2.500__Oct 1 '10-'23
'13
48
ly 1 '19-'20
three years.
of debts created for water 4 '14 M-S 45.000__Mar 1 '20-'34 43,0'17 J-J $1,000r_Ju
The foregoing limitation is of course exclusivefrom
Emergency War Bonds.
year to year by differ- 48 '14 A-0 10,000 --Apr 1 1929
$4,000__Oct 1 '19-'22
supply, and further exceptions have been made
A-0
'19-'34
g
1
430'17
24.000__Au
-A
F
various
440'14
for
limit
debt
the
of
1920-1923
ent legislatures authorizing bonds outside
4s'15 F-A 68,000-_Feb 1 '20-'35 444s'19 __ 1100,000
1924
purposes, especially enumerated.
1 24,000.
1,000__Apr 1 '20-'20
Acts of 1891, the city is 4s '15 A-0
1920
It is proper to state that under Chapter 93,money
5,000
1
y
'19-'23
440'19
5,000-Jul
J-J
'15
limit
4s
debt
Its
within
1921-1924
authorized to anticipate Its authority to borrow
116.000
1919-1925
4s '15 M-N126,000
for any current municipal year.
Bonds.
1919-1926
Paving
0
M-140,00
'16
4s
$27,000r ._1919-1023
1927-1936 4348'18
40.000
BORROWING POWER.-The city's borrowing power Jan. 31 1919
1926-1935
Emergency War Bonds.
4s '16 M-N 80.000
-was $3,950,785.62.
$4,000___Oct 1 '19-'22
1919-1920
1910,
670,585;
430'17
2,000
745,439:
J-D
1915,
'16
1
4s
797,036:
(est.),
-1919
ION.
POPULAT
1921 TOTAL DEBT. SINKING FD.. &o.
250,526.
1 500
1905, 593,598; 1900, 560,892; 1890, 448,477: 1880, 362,839; 1870,
Apr. 11919.
444h'17 J-J f 12,000r_July 1 '19-'22
EE.
BRAINTR
BOURNE.
$3,831,500
1 10.000r_July 1 '23-'27 Gross city debt
This town (P. 0. So. Braintree) is
This town is in Barnstable Co.
0
ed 444s'17 J-J 76,000r_July 1 '19-'37 Bonds outside debt limit*_,I2
Incorporat
County.
Norfolk
in
Notes.
'20-'37
1
Town Hall
ay
41,000__M
M-N
440'17
1640.
13
Bond debt inside dt. 1 im
___ J$2,000___Mar 15 1920 May
_s
'18-'37
1
v
20000__No
440'17
School Bonds.
Debt limit 234% average
1 500___Mar 15 1921
Comfort-Station Bonds.
'19-'21
3-year valuation
1,355.933
18,750__July 1 '19-'33 45 '11 J-J J$10,500c_July 1
1 30,000_cJuly 1 '22-'31 4s '11 A-0 $2.000-Apr 1 '20-'21
School Notes.
Bonds.
Rifle-Range
.
(General)
Notes
'20-'27
15
r
Borrowing capacity_ __ _ $228,583
$8,000_Ma
---s
--Apr 1 '20-'21
$1.000
A-0
'11
4s
1
'19-'24
uly
$10,500_-J
_54,065,192
_
_
45
_
'19-'23
valuation 1918_
5,000_ _Aug 1
__-5
1919 44013 A-0 2,000_ _Apr 1 '20-23 Total
. 00
1918.-425.80
6.000__July 1 '19-'24 4s5
3,000r_July 1 '19-21 Tax rate (per $1.000)
440'17 J-J
Water -fiends.
*Bonds outside of debt limit consist
4,000__Oct 15'19-'22
Bonds.
Water
1921
1
__June
$150,0000_
J-D
4s '91
water. 3419,400'sewer,
of
$1,736,500
1920
1
pr
Road Notes.
$68.000o-A
A-0
'90
4s
'11 A-0 z4.500c_Oct 1 '19-21
hall debt to the amount
_s
--- $17,500__July 1 '20-'23 45 Water
4s '90 A-0 5,0000-Oct 1 1920 part of citydrainage
Notes.
dept. debt,$44,4,800__Oct 15 '19-'22
__s
1919 45 '91 M-N 25.000o-May 1 1921 of $29,000,
76,550 4s '09 J-J $1,000_ -July 15
, $422,000, and playhigh-school
000,
1922
1
Note debt Dec 31 '18
..May
20,000o_
M-N
ug 11928 43 '92
6,000r___A
F-A
'96
4s
5.143,700
real
$53,250.
valuation,
grounds,
Assessed
1919 4s '93 M-S 25.0000-Mch 1 1923
2,000
The city owns real estate valued
Assessed val'n, personal_ _ _ 811,675 4s '16 --- l Bonds.
4s '93 J-D 62,0000.--Dec15 1923
Town-Hal
5,955,375
Total valuation 1918
1 '20-'22 48•94&'95A-0 50,000c-Apr 1 '24-'25 at $3,188,815.
une
1$9,000c_J
J-D
'12
4s
412.40
1916
INT. at City Treasurer's office.
Tax rate (per $1,000)
120,000c_June 1 '23-'32 Is '95 A-0 25,0000-Oct 1 1925
2,672
Population In 1915
JUNE, 1919.
MASSACHUSETTS-CITIES AND TOWNS.
27
BROOKLINE.
330'13 F-A $6,250c___Feb 1 1933' 330'04 M-N $28,000r___May 1 1934
This town is in Norfolk County. 330
J4 75,000__July 1 1920 3348'05 M-N 150,000r_ _May 1 1945 TOTAL DEBT Dec 31 '18.. $199.000
Inc. 1705. Population 1915, 33.490. 330
M-S 25,000____Mar 1 1921 3%8'05 3-D 100.000r _Dec 1 1945 Assessed valuation, real ___3,927,690
Assessed val., personal__._.1,518,60()
Public Buildings & Sites.
4s
J-J 57,800_- __July 1 1923 48 '06 F-A 200.000r--Au
g 1 1946 Total valuation 1918
39's 03 J-J $4,000r__Jan 1 '20-'23 35s
5,446,290
M-S 20,000--__Mar 1 1929 344s'06 J4 20,000r_ _Jan
1 1946 Total tax rate(per 11,000) '16_
3Ms'04 J-J 27,500c_ _Jan 1 '20-'24 340
$18.80
J-J
13,500____Jan 1 1930 4s '06 M-S
5,000r.. __Sept 1 1946
INT. payable at town treasury.
4s '06 J-J 42.000rJan 1 '20-'26 330
J-J
8,000__Ju1y 1 1931 4s '07 J-J 50,000r_ -_Jan 1 1947
3 •is'09 J-J 61,000r__Jan 1 '20-'29 3343
J-J 35,000_July 1 1931 4s '07 J-J 40,000c _July 1 1947
3.89'09 J-J 61,000r__Jan 1 '20-'29 4s
J-J
4,000.-July 1 1933 48 '07 A-0 15,000c..-Oct 1 1947 CHELMSFORD.
4s '12 J-J 12,000c__Jan 1 '20-'22 4343
This town is in Middlesex County.
J-J 37,200__July 1 '19-'22 4s '08 F-A 45,000r_ --Aug 1
1948
12.400c ..Jan 1 '20-'23 Is '13 J-J 61,800_July 1 '23&
4s '16 J-J
School Bonds.
'33 4s '10 34 20,000r_ --July 1 1950
14,000c_Jan 1 '20-'35 Is '13 F-A 18.000__Aug 1 1933
43s'15
330'11 3-1) 10,000c_ __Dec 1 1951 48 '16 A-0 $55.250c _Apr 1 '20-'36
34,000c&r
Jan 1 '20-'36 ,is '15 ___
4 s'17
7,000c_July 1 '19-'20 330'12 M-S 10,000c-Mch 1 1952 TOTAL DEBT Apr 14 1919 $68,840
14,000r&c Jan 1 '20-'33 48 '15 __ 50,750c _ _ _1919-1925
4 s'17
0'14 _
6.800.....1918-1934 Assessed valuation, real_ _3,693.030
4s '15 M-N 35,000c-Nov 1 '19-'25
Assessed val., personal____1,317,595
Hospital Bonds.
Schoocionds.
valuation 1918_ - -5,010.625
4s '14 --- $15,000c_Jan 1 '20-'34 340'16 ___ 51.000c_Oct 1 '19-'26 330'98 F-A 142,000r
.Aug 1 1918 Total
3M s'16 __ _ 22,000c-Oct 1 '19-'26 3346'99 34
Tax rate (per 31.000)191-8-422.00
Sewers and Drains.
42,000r....
-July
1
1919
4s
'16 ___
6,000c_Mar 1 '20-'21 3343'99 M-N 13.000r__Nov
Population 1917
5,210
3;is'09 J-J $30,000r_Jan 1 '20-'29 4s '16
1 1919
_...
9,000c_July 1 '19-'21 3348'01
12,000c_ _Jan 1 '20-'22 4s '16 -__
4s '12 J-J
76,000r_ -July 1 1921
22,500c_July 1 '19-'21 3348'02 .74
4s '12 J-J. 15,000c__Jan 1 '20-'22 49
34
86.500r--July
1
1922
CHELMSFOR
D
WATEE DIST.
'16 ___
4,125c_July 1 '19'-21 330'02
4s '14 J-J 42,000c .Jan 1 '20-'34 4s '16
11,000r_ ..-Oct 1 1922
This district is in Middlesex Co.
-__
3.000c_Nov 1 '19-'21 330'03 A-0
4s '15 J-J 32,000c__Jan 1 '20-'35 4s
A-0 80.000r_ -Oct 1 1923 430'13 M-S $50.250c_Sept 1 '19-'43
'16 ___
4,000c_Aug 1 '19-'22 3348'04 A-0
40 '16 J-J 34,000c.._Jan 1 '20-'36 4s
80,000c
,.Apr
1
1924
48
'14
J-D
9,500_ _ _ _June 1 1944
'16 ___
7.000c_July 1 '19-'25 330'04 2.1-N 20.000r_ ....Nov
4s '17 J-J
8,000r __Jan 1 '20-'23 4s '16
1 1924 TOTAL DEBT Jan 1 1916_ $65.500
-- 515.000c_July 1'19-'24 3348'05 M-N 20,950r..
4Ms'15
..May 1 1925 Assessed valuation 1915___
9,600-_Jan 1 '20-'35
995.605
1 2,000c_July 1 '25-'26 330'05 F-A 20,000r_ -Aug
1
1925
Dist.
tax (per 81,000) 1915_ _ _$3.40
Soldiers' Monument.
48 '16 - 28.000c_July 1 '19-'26 48 '06 F-A 47,000r-Aug
1 1926 Population in 1914 (est)
16,000c__Jan 1'20-'23 48
4s '13 J-J
2.000
__
2,800__June 1 '20-'21 46 '06 M-N 14,000r ..Nov 1
1926
Parks.
4s
INT. at Nat. Shawmut Bk., Bost.
- 56,000„July 1 '19-'26 330'08 J-D 40,000r_ __Dec 1 1928
3s'03 J-J $20,000r&c Jan 1 '20-23 43 '17 M-N 4,500c_May 1 '20-'22 330'11
M-S
_Mch 1 1931
4s '16 J-J 15,000rJan 1 '20-'34 430'17 J4
8,000c_July 1 '19-'22 330'10 34 93.500c&r.Jan
5.000r_1 1930 CHELSEA.
Playgrounds.
430'17 J-J
4,000c_July 1 '19-'22 4s '10 34 120,000r_July 1
The city is in Suffolk County.
1930
3.15s'01 J-J $40,000r_July 1 '19-'22 430'17 M-S i12,000c_Sept I '19-'20 33s'12
M-S
2,500--Mch 1 1932 Settled In 1630; incorporated as a
3 •is'03 J-J 20,000c__Jan 1 '20-'23
,4 10,000c_Sept 1 '21-'22 330'13 F-A
town
1739; as a city March 13 1857.
5,000c___Feb
1
1932
4s '06 J-J
7,000r__Jan 1 '20-'26 430'17 M-S 6,000c_Sept 1 '19-'20 4s '15 J4 52.000_
Abatement of Nuisances Loan
_ _ _Jan '20-'35
3.453'09J4 34,200r__Jan 1 '20-'29
14,000c_Sept 1 '21-'27 3348
(Inside
M-N
5,000___May
Limit).
1
1924
48 '14 J-J 63,750c_Jan 1 '20-'34 4s '18 ___ 132,500c
430
M-N .3,250._July 1 1931 4s '15_-_- $2,000_ _ _June 1 1920
Streets and Bridges.
Park Bonds (Outside-Limit)
34 55,250_ _July 1 '19-'35
Fire Engine Loan (Inside Limit)
4343
48 '07 J-J $32,000r__Jan 1 '20=27 Is '94 F-A$360.000c&r.Feb 1 1924 00'17 J-J 95,000c_July 1 '19-'37 4s '17_
..June 1 '20-'22
$5,700„
33s'10 J-J
5,500r__Jan 1 19'20 4s '95 F-A 100,000r_ -Aug 1 1935
Police Dept.Loan (inside Limit)
Cemetery Bonds.
4s '12 J-J 15,000c_Jan 1 '20-'22 4s '96 F-A 100,000r-Feb 1 1936 3 3s'11
4s '17 _-- $2,000_ _June I '20-'21
.1-3
$8.000r-July
1
1921
Is '12 J-J 55,500c__Jan 1 '20-'22 48 '96 F-A 100.000r ..Aug 1 1926
School Loan (inside Limit).
City Bonds.
4s '14 J-J 20,500c....Jan 1 '20-'24 48 '96 A-0 40,000r
Is '16 J-13 $14,000_ _June 1
Oct 1 1926
8,000r _July 1 1920 4s '17 ___ 22,500_ _June 1 '20-'26
4s '16 J-J 21,000c_Jan 1 '20-'25 330'97 M-S 100.000r-Sept 1 1937 4s '10 J4
'20-'27
5,000r__Jan 1 '20-'24 3348'97 M-N 50,000r_ ....Nov 1 1937 3348'08 -- 15.500r_ _:Mar 1 1922
4s '16 J-J
Miscell. Loan (Inside Limit).
5,000r___Jan 1 1920 330'98 F-A 100,000r-Aug 1 1938
4 s'10 J-J
$7.200_ __ _Dec 1 1922
Hospital Bonds (Outside Limit) 4s '12 __
7,680r&c Jan 1 '20-'25 3Hs'98 J-D 50,000r _._June 1 1938 3%s'02 J4 $6.000r_ _July 1 1922 4s '15 J-D
4 s 15 -2,000_
_ _June 1 1920
4 s'16
6,300c-Jan 1 '20-'26 3348'99 F-A 100.000r ....Aug 1 1939 48 '08 F-A 20.000r_ --Aug 1 1928
Sewer Loan (inside Limit).
6,000r&c Jan 1 '20-'25 3346'00 J4 50.000r_ ....July 1 1940 43 '10 J-J 95.000c...-July 1 1930 48 '16 J-D $2.000_ -June 1 '20-'21
4 s'17
14,000r&c Jan 1 '20-'26 3 WOO M-N 50,000r
4 8'17
Sidewalk Loan (Inside Limit).
Nov 1 1940 330'11 J-D
4,000e-Dec 1 1931
16,000r&c Jan 1 '20-'27 330'01 M-N100,000r-Oct 1 1941 350'12
4 8'17
25.000r-Mch 1 1932 4s '15 J-D $2,000_.._June 1 1920
330 02 34 48,000r_ -July 1 1942 41 '16 _ 123,500
4,000__June 1 '20-'21
Schools and Sites.
1918-1936 68 '16 J-D
4,000_ _June 1 '20-'22
M-S 3,009.... ..Sept 1 1931 4s '17 _-3.63'10 J-J $11,000r__Jan 1 '20-'30 330'03 F-A 50,000r....-Apr 1 1943
3Y0'10 J-J 20,000r__Jan 1 '20-'23 330'04 11-5 25,000r_ _Sept 1 1944
School
Bonds
Playgrounds
_Onside Limit.)
Loan.
3
Hs'04
M-N 6,000r_ -Nov 1 1944 48 '10 J-J $50,000r_
48 '13 J-J 06,600c__Jan 1 '20-'33
__July 1 1940 48 '06 _-- 365,000_-Oct 1 1926
3 143'05 M-N 45,000r-May 1 1945 330'11
Water.
J-J 25,000r- __July 1. 1921 48 '11 A-0 250.000c_ _Oct 1 '30-'31
3346'05
F
-A
5,000r....-Aug
1
1945 33s'11 J-J 15,000r_ __July 1 1941 4s '15 J-D J 7,000_ _June 1 1920
49 '91 J-D $2,000r__June 1 '20-21
8,260r_June 15'19-22 330'05 A-0 5,000r.-Apr 1 1945 330'11 J-D 30,000c_ -Dec
35%s'92 J-D
1 90,000 June 1 '21-'35
1 1941
45 '93 J-J 22,330r_July 1 '19-'23 4s '06 M-S 25,000r_ _Sept 1 1946 49 '12 ___ 35.000c__Sep
Refunding Loan (inside Limit).
t 1 1922
46
'07
A-0
10,000r_
-Oct
1 1947 48
3 9-163'94J-D 6,000r_June 15'19-24 4m '08
48
'07
J-D$141.400__
__Dec 1 1924
10,500__July
1
'19-'25
M-N 12,000r_ -Nov 1 1948
4,200r__Aug 1 '20-'25
31s'95 F-A
Street Loan (inside Limit).
41 '08 F-A 30,000r......Aug 1 1948
Public Library Bonds.
3 s'01 J.D. 3,600r_June 1 '19-'21 330'10
4s '11 J-D $45,000____Dec 1 1921
3348'01
M-N
J-J
$27.000r..
...Nov
1 1921 4s '12 __
8.800r_ ...Jan 1 1950
14,800r_Jan 1 '20-'23
3 s'03 J-J
9,000____Dec 1 1921
10,000r__Jan 1 '20-'24 330'11 M-S 17,000r-Mch 1 1951
Water Bonds.
330'01 J-J
430'14 M-N 5,000____Nov 2 1919
J-J 7.000- July 1 1951 45 '94 A-03.300.000o..--Apr 1 1924 4s
3Ms'09 J-J 50,000r_ _Jan 1 '20-'29 330'11
'16
J-D
10,000.._June
1 '20-'21
330'11
J-D 6,20€L. __Dec 1 1951 330'99 M-N 123,000r_ Nov 1 1919 4s '17
4.9 '15 J-J 160,000r_Jan 1 '20-'35
___
9,000....June 1 '20-'22
7,000c__Jan 1 '20-'26 330'12 M-S 128,090.. Sept 1 '19-'32 330'00 M-N 30,000r_ ....Nov 1 1920 4s '17 -4s '16 J-J
6,000_ _June 1 '20-'22
110,000_ -Sept 1 '33-'42 330'01 34 30,000r__July 1 1921
Water Loans (Outside Limit).
334
F-A 50.000
Debt April 1 1919.
Aug 1 1931 3343'02 3-3 13.500r _July 1 1922 48 '91
34 1300,0000
July 1921
330'02 11-N 5,000r_ -Nov 1 1922 4s '11 J-D 30.000_ -Dec
TOTAL DEBT$1,303,320
Municipal Loan.
1 1921
48
J4 $8,000- _July 1 1920 330'05 11-N 46.000r_ --May 1 1925
Deduct water debt, drainMunicipal impt. -Bonds (Out330
J-J 25,000_-_July 21 1921 330'05 If-NI 75.000r --May 1 '20-'25
age debt and debt for
side Limit).
playgrounds
M-S 15,500--Mar .. 1922 48 '06 M-N 280.0000&r.May 1 1936 3348'09 F-A $500.000c_ _ Feb 1 1959
453,140 330
45
M-S 35,000_ ---Sept 1 1922 48 '07 J-D 49,000r_ -June 1 1937 4s '08 M-S 400,0000___Sept 1 1958
NET lIDEBT,as defined by
F-A
law
850.180 48
4,800_-_ _Feb 1 1923 48 '07 J-J 25.0000_ -July 1 1937 Is '10 F-A 100.0000.. _ _ Feb 1 1960
F-A 35,000.... Feb 1 1923 48 '08 J-D 20.000r_ --June 1 1928 Public Impt. L'n (Outside Limit).
Net debt allowed by law- 3,115,766 4s
Available balance
2.265,586 48 '13 __ 25,000c _ _ _July 1 1923 48 '08 F-A 17,000r_ _Aug 1 1938 Is
A-03310.000c..Oct 1 '254s'27
330'10 J-J
Assess. val. real
5,000c_ __Jan 1 1930
83,921.600
Park Loan (Outside Limit).
Bonds (Inside Limit).
Assess.val.pors.(tangIble). 9,719,600 48Sewer
5,000r_ _..Feb 1 1930 48
A-0 1100.000c Oct 1 1936
'94 F-A $75,000c&r.Aug 1 1924 3346'10 F-A
330'11
Total val. 1918
16,500r___May 1 1941
.93,641.200 48 '95 A-0
School Loan (Outside Limit).
-Oct 1 1925 330'11 J-D 10.000r-Dec
Tax rate (per $1,000) 1918-$15.30 3348'01 F-A 60,000r
1 1941 4s '16 J-$126.000_June 1 '20-'31
10,000r_ -Aug 1 1931 330'11 J-D
17.000-Dec 1'19-'35
40,000-June 1 '32-'36
INT. on coupon bonds payable at 3 6'03 A-0 20,000r_ -Oct 1 1933
--- 19,000__Sept 1 '19-'37 BOND. DEBT Jan 1 '19_$2,286,000
First Nat. Bank of Boston: on other 3 6 04 ___ 40,000r_ _ _May 1 1934 330
48
7.000-Mar 1 '20-'33 Special loan notes
3 s'04 _-_
398.440
bonds by Town Treasurer.
5,000r_ _ _Nov 1 1934 4s
30,000__July 1 '19-'33 Sinking funds
870.427
3343'05 M-N 15,000
May 1 1935 45
37,600__July 1 '19-'44 Net debt (incl. water debt).1.814,013
ASSETS.-On Jan. 1 1919, includ- 3 s
J-J
10,000
July
1
1941
4s
8,200__Nov 1 '19-'32 Net debt (excl. water d't)-1,766.962
ing buildings, parks, water-works, 0'07 A-0
Apr 1' 1937 4s
18,200__Feb 1 '20.'33 Temp. loans (in anticipa&c., amounted to $6,999,473 includ- 48 '08 J-D 35.000r_
5,000r_ -Deo 1 1938 330
- 1,500_ _ __Sept 1 1929
ing $149,173 cash in treasury. The 330'10 34 23.000c&r.Jan
tion of revenue)
987.155
1
1940
water-works are valued at $1,269,100. 43 '10 34 15,000r_ ..May 1 1940
INTEREST on bonds is payable at Borrow. capac. Jan. 1 '19._ 256,861
Assess.
val. real estate_ -29,193,050
the
First
National
Bank, Boston.
330'11 M-S 10,000r
Mch 1 1941
330'11 J4 10.000r_ -July 1 1941 • TOT. DEBT. SINKING FUNDS, Assess. val. pers'l property_ 5.399.150
Assessed val.'18(abt act)..34.592.200
330'13 F-A 10,000c
Feb 1 1943
ETC.Apr. 1 1917.
CAMBRIDGE.
48 '13 34 25.000c
July 1 1943 Total general bond. debt_$9,566,850 Tax rate (per $1,000) 1918_ -$23.80
Popula'n 1910. 32,452; 1915. 43.426.
This city Is in Middlesex County.
Sinking
funds
......... 3.549.907
Inc. Mar. 17 1846. Pop'n 1910. Sewer Bonds(Outside Limit).
The city owns its water-works,
3346'99 M-N $42,000r. Nov 1 1929
104,839; 1915, 108.822.
Net municipal debt_ __$6,006,943 which in 1917 earned $126,000.
3348'00 J-J 100,000r...-July 1 1930 Water
INTEREST
is paid in Boston at
Building Loans.
330'01 F-A 100,000r......Aug 1 1931 Sinkingdebt (additional)_ _$1.816.000 National Shawmut Bank and United
funds........... 1.203.555 States Trust
330'03 A-0 $3,000r-Apr 1 1923 330'02 M-N 20,000r..,Nov 1
1932
Co.
or by City Treas.
3 30'04 A-0 25,0000_ -Apr 1 1924 3346'03 A-0 40,000r ..Apr 1 1933
Net water debt........ $612.445
J-J
14,200-July 1 '19-'22 330'04 M-N 147,000r May 1'34-'35
430
Net city and water debt.$6,619,388 CHICOPEE.
4s
J-J 68,000July 1 '19-'35 48 '06 M-N 35,000r _May 1 1936
Chicopee is In Hampden Co. M3349
M-N 6,000- __ _Nov 1 1924 48 '06 li-S 25,000r....Seot 1 1936
BORROWING CAPACITY.-The oore.
as a town 1848: a city 1890.
4s '07 M-S 30,000% __Sept 1 1927 4s 07 A-0 25,000r
Apr 1 1937 borrowing capacity for city purposes
Fire Dept. Truck Bonds.
430'17 M-S 19,000__Sept 1 '19-'37 48 '07 M-N 10,000r-Nov 1 1937
on Jan. 1 1919 was $560,208.12.
4s '18 --- 30,000c
The sinking fund for the 10-year 4s '15 J-J f32,000- __July 1 1919
0'08 F-A 25,000r_ Aug 1 1938
1 1,000_ __ _July 1 1920
45'08 J-D 12,000r-Dec 1 1938 loans receives yearly 9% of the
CharlecRiver Basin Bonds.
provement Bonds.
330'09 34
2,000r..-July 1 1939 amount of outstanding bonds, for the 4s Street-Im
'14 J-D $15.000c_June 1 '20-'24
48 '11 J-U 460.000c-Deo 1 1921 330'10
20-year
loans
J-J
3
the
H%,
23.000c_
for
30
-year
Jan
1 1940
48 '15 J-J
M-N 50,000_ -_ _Nov 1 1937 45 '10 J-J 25,000r
15.000c_July 1 '19-'20
330
July 1 1940 loans 2 1-5% and for the 40-year 4s '15 J4
F-A 50,000..-Aug 1 1938 36'11
3s
J 2,000c___July 1 1919
J-D 10,000c_ Deo 1 1941 loans 1 1-3%.
1
1,000c- _July 1 1920
3
s'12
15,0000
M-S
Sept 1 1942
CITY WATER WORKS.-The 4s '15 A-0 1,000----Oct
Street Loans.
1 1919
330'99 M-N $5,000r.....Nov 1 1919 3343'13 F-A 10,000c.._ _Feb 1 1943 cost of the water works up to April 1 4s '15 A-0 10.000__Oct
'19-'20
8,000
330'00 M-N 21,000r-Nov 1 1920 4s '16 __
1919-1026 1916 was $6,700,282.29, while the 4s '16 M-S 27,000c_Sept 11 '19-'21
350'16
M-N
8,600c_Nov
1 '19-36 net debt on the same was $819.- 4s '16 M-8 6.000c_Sept 1
330'01 J4 54.000r__JulY 1 1921
'19-'21
330'02 J-J 30,000r_ - _July 1 1922 330'16 M-N 13,500c_May 1 '20-'46 914.53. For the year ending Mar.31 430'17
60,000__Sept 1 '19-'27
4,500-Ju1y 1 '20-'22 1916 water-works receipts were 430'17
3348'02 M-N 14.000r- --Nov 1 1922
8,000__Sept
1
'19-'21
45
J4
1,000----July 1 1923 $416,209.
330'03 A-0 4,000r- -Apr 1 1923
Hospital Bonds
1,500.--July 1 1924
330'03 M N
1 1923
ASSESSED VALUATION.
4s '12 M-N $1,000c___Nov 1 1919
22,000_ -July 1 '25-'46
3 Hs'04 M-S 59,000r- --Sept 1 1924
1918.
1917.
34 23,000..-July 1 '19-'40
3 Hs'04 M-N 6.500r- --Nov 1 1924 413
School Bonds and Notes.
3
.
4000....July 1 '41-'43 Real estate-118,175,700
330'05 M-N 85.500r_M&N 1 1925
4$
--- 31.000
1919
116,886,800
430'17
J-J
76,000c_July
I
'19-'37
'06
100,0000&r.Ma
M-N
48 '10 A-0 6,000c_Dee 1 '19-'24
48
y 1 1926
Personal__
16,385,984
15,411.362
Aug 1 1926 430'17 J-J J13,500c_July 1 '19-'27 Total
4s '06 F-A 22,000r
48
1,800___Aug 16 1919
134,561,684
132,298,162 4s '10 M-N
120,000c_July 1 '28-'47 Tax(per M.)
Apr 1 1927
4s '07 A-0 40,000r
27.000c_Nov
30'19-'27
$25.00
4s '07 J-D 19,000r- --June 1 1927
48.11 M-N 8,000e_Nov 27'19-'21
Metropolitan Park Assess. Loan
4s '07 M-S 25,000r.--Sept 1 1927
4s '12 J-D 20.000c_June 1'20-'22
(Outside Limit).
CANTON.
4s '07 M-N 10.000r_ -Nov 1 1927 310'02 F-A $46.000r .,Aug 1 1932
44is14
M-N 3.000__Mar 1 '19-'21
This town is in Norfolk Co. Inc.
48 '08 J4 34,0000- -.Jan 1 1928
4s 15 J-J 63,0000-$7,000 yearly
Feb. 23 1797. Pop'n 1915, 5.623.
Bridge Loans (Outside Limit).
4s '08 F-A 42,000r_ _-Au 1 1928 43'90
4s '09 F-A
3,000--_Aug 16 1919
Water Bonds.
bf-N $5,000r_ __Nov 1 1920
3 Hs'09 M-N 20,000r- --Mc 1 1929 0
43.0'17
_-_ 350,000-June I '20-'33
'91 J-J 60,000r&c.July 1 1921
$30,000__July 1 '19-'23
3%0'10 J-J 88,500c&r Jan 1'20-'30 441 '93
Sidewalk
Bonds.
4s
34
14,000__July
F-A 10,000c ..Aug 1 1923
1 '24-'25
48 '10 34 12,000r_ _July 1 1930
4,000____July 1 1926 4s '15 A-0 $2,000-_Oct 1 '19-'20
J-J 50,000r_ __July 1 1939
330'11 M-S 50,800r-Mch 1 1921 330'99
330'00 J4 100,000r_ __July 1 1940
High-School & Grading Bonds. 4s '16 M-S 3,000c_Sept 1 '19-'21
4s '11 M-S 20,800r_ -Mch 1 1921 38
6,000--Oct 1 '19-'21
'01
--- 33,000-Dec 1 '19-'21 4343'17
100.000r....Feb 1 1941
3348'11 M-S 27,000r-Mch 1 1931 330'01 F-A
Sewer Bonds.
M-N 100,000r_ --Nov 1 1941
High-School Loans.
330'11 J4 55,000c-July 1 1921 330'02 J-J
4548'14
A-0
86.000...
Oct '19-'21
100.000c&r_Au
g 1 1942
$4.000_-Dec 1 '19-'20 4s '16 M-S 24,000c_Sept
330'11 J-J 53,000r-July 1 1931
1 '19-'26
.74 50,000r_ --Jan 1 1943 ..s
2.000__Nov 4 '19-'20 49 '15 A-0 10,000__Oct 1
48 '11 J-D 17.000o-Deo 1 1921 330'03
'19-28
3
)4
s'03
A-0
50,000r_Apr
1
1943
10,000-Nov
1 '19-'23
48 '12 M-S 118,000c___Sept 1 1922
12,000____Nov 1 1919
F-A 50,000c
Aug 1 1943 Water debt Dec 311918__ $18.000 4s '15 M-N 11.000
3qs'12 M-S 7,000r-Sept 1 1922 3348'03
Nov 1 1920
3346'04 J-J 100,000r_ _Jan 1 1944 School and Grade bonds.._
13.000
4s '15 J-J 14,000__July 1 '19-'25
3 s'12 M-S 6,200c&r_Sept 1 1932 330'04 M-N 200,000r&c.May
6,000 45 '16
3 s'12 M-S 13,200c_Sopt 1 '22&'32 3348'04 F-A 100,000r .Aug 1 1944 School notes
111944 Notes in anticipat'n of taxes 129,000 446s'17 M-N '2,000__Nov 1 '19-'20
48 '13 F-A 13,000c_ -_Feb 11023 330'04 1.1-S
3,000_-Sept 1 '19-'20
50,000r_ __Sept 1 1944 Standpipe notes
3,000 430'17 ___ 15,000-Oct 1 '19-'28
28
MASSACHUSETTS-CITIES AND TOWNS.
CHICOPEE (Concluded)*Bridge Bonds.
4s '07 ___ $34,000_ _$2.000 yearly
Add. Dept. Equip. Bonds.
4s '15 J-J 1$2,000c___July 1 1919
1 1,000c-July 1 1920
Refunding Bonds.
334s g J-D $32.000c_June 1 '20-'29
*Electric-Light Bonds.
4s
J-D $12.000c_ Dec 1 '19-'22
334s g J-D 13,000cJune '19-'31
434s'07 ___
8,000...$1,000 yearly
457,000_ _$1.000 yearly
43 ,11 M:N 1 8,000c_Nov 1 '18-'22
6,000c_Nov 1 '23-'24
8,000c_Nov 1 '25-'26
60,000c_Nov 1 '27-'36
4s '16 J-D 38250.._Juno 1 '20-'36
434s'17 M-N 24,000__May 1 '20-'27
*Water Bonds.
4s '09 F-A $10,000
1919-1923
45
J-D 40,000.. June 1 '20-'23
4s g
J-D 10.500c_ _June 1 '20-26
3343
F-A
1,000c
Aug 1919
45
__
12,00(L_$2.000 yearly
4s '15 A-O' 14.000 _ _ _ Oct 1 '19 -'26
4s '16 M-N I 4,()00_. Nov 1 '20221
4s '17 ___
6,400_Mar 1 '20-'22
434s'17 ___ 12.000__July 1 '19-'21
434s'17__
1,925__Sept 1 '19-'20
BOND. DEBT Dec 1918_161,124,625
Sinking fund (is ithiu limit)
2.000
Less exemptions of
778,425
Assessed valuation, real20.264,700
Assessed val., personal
10,887.920
Total valuation 1918
31,152,620
Borrowing capacity
23,700
Tax rate (per $1,000) 1918_._320 00
Population 1910. 25.401;1915.30,138
* Loans authorized by special
statute and not subject to the las
limiting municipal indebtedness'.
INT.at Nat. Shawmut Dank. Dos
ton. and Old Colony Tr. Co.. Boston.
CLINTON.
This town is in Worcester County
Inc. 1850. Population 1915, 13.192.
Refunding Bonds.
3 Hs
J-J $175,000c___July 1 1930
Ref's Water (Outside limit).
3 Hs g A-0 $39,000c_ _ Oct'19231
Water Bonds (Outside limit).
4s
J-.1 $50,000c_ _July 1 '19 '21
4s
J-D 50,0000_ _ _June 1 1926
4348'14 M-S 24,000_11ept 1 '19-'44
School Bonds (Outside limit).
4s '10 J-J 540.000c_Jan 1 '20-'30
Town-Hail Bonds.
48 '09 J-J 155,000c... _Jan 1 '20-'20
BOND.DEBT Jan 1 1919.. $281,000
Floating debt
6,200
Sinking fund
123.917
Water debt (additional)
163,000
Water sinking fund (addl)_
90,925
Borrowing capacity
176.170
Assessed valuation, roal
7,333,70 I
Assessed val., personal
2,648,067
Total val. 1918 (act.)_ _ _9,981,771
Tax rate (per $1,000) 191-8._ _322.20
INT, on town-hall bonds and
school bonds payable at Old Colony
Tr. Co., Boston; on other loans at
First Nat. Bk., Clinton.
CONCORD.
This town is in Middlesex County
Inc. Sept. 12 1635. Pop.'15,6.681.
Fire-Apparatus Notes (Inside
Limit).
4s
___ $1,000_ __ _May 1 1920
4s '17 ___
2.000....June 1 '20-'21
-s
1,000__ __July 1 1919
Water Bonds (Outside limit).
A-0 $8,000c___Oct 1 1923
334s
4s '08 _-_ 60,000ept 1 1928
3 Hs'09 A-0 65.000c___Apr 15 1929
4s '11 A-0 11,000c__Oct 1 '19-'40
4s '13 J-J 23,000c_Jan 15 '20-'42
4s 13 J-D 12.000c Dec 15 '19-'42
434s
8.000__Dec 1 '19-'34
Sewer Bonds (Outside limit).
4s
M-S $70,000c___Sept 1 1928
45___ 25,000_-__Sept
25,000_-_Sept 1 1929
4s_
481 • •
4,000c___Sept 1 1931
3343
J-J
3.000c___July 1 1935
Light Bonds (Outside limit).
334s
--- f$3.000c___May 1 1935
1 5,000c___May 1 1936
4s
10,000____Aug 1 1931
4s
___
2,000_ __Oct 1 1937
4s
6,000___ _Nov 2 1938
3 Hs
___
2,000._ _Apr 15 1939
4.500__June 1 '20-'28
4qs
_ __ 10.000 _ _Oct 1 '19-'28
4s
F-A 135,000c___Aug 1 1929
116,000c__Aug 1 1930
M-N 10,000c__Nov 1 1932
334s
A-0 15,000c_Oct 1 1933
334s
3345
A-0 10,000c__ _Aug 1 1934
4s '10 F-A 20,000c__ _Aug 1 1940
48
8,000__Nov 1 '19-'26
School
_- Notes (Inside Limit).
4s '11 A-0 $39,000c_Oct 1 '19-'31
34s
-__
500____Oct 1 1919
s16
___ j$39,000__Dec 1 '18-'31
1 10,000__Dec 1 '32-'36
4s '17 ___
15,000__May 1 '20-'34
Bridge Notes.
Inside Limit.
- - - $2,000_ _Oct 1 '19-'22
_s
-_3,000_ __July 12 1919
Playground Notes(Inside Limit.)
434s
___
1 '19-'20
300____Oct 1 1921
Sudbury Road Notes (Inside
Limit).
4s
$1,000-June 15 1919
Street Notes (Inside Limit).
4s
$1,000___June 15 1919
_s
112,000-Nov 1 '19-'21
1 3,000__Nov 1 '19-'21
4s '17 ___ 12,000__May 1 '20-'21
TOWN DEBT Dec. 31 1918Within limit
$149,800
Water debt
188,000
Sewer debt
102.000
Light debt
157,000
Total Dec. 31 1918
SINKING FUNDSWater
Sewer
Light
$50.798
49,886
55,095
Total sinking funds
$155.780
Assessed valuation, real_ -35,812,833
Assessed val. personal___1.192,812
Total valuation 1918
7,005.645
Tax rate (per $1,000) 1918._ _323.80
INT. at Old Colony Tr. Co.,Boston.
DALTON FIRE DISTRICT.
This district Is in Berkshire County
Fire Bonds.
4s'15 -_ 1$35.000...._..19l9-1925
) 79.000_.._..1926-1945
TOTAL DEBT
$146,500
DANVERS.
This town is in Essex County.
Inc. 1757 Population 1915.11.177.
Electric-Light Bonds.
48
J-J $16.000c___July 1 1928
4s '01 A 0 6,000c__ _Apr 1 1931
48 '14 A 0 3,000__Apr 1 '20 '25
48 '10 J-J
12.000____July 1 1920
40 '07 A-0 9,000____Apr 1 1922
4s '15 ___
1,500
1919-1921
4s '16 ___
2,000
1919-1922
5s '18_
3,000
1919-1924
Water Bonds.
48 '96 J-D $14.000c___June 1 1926
A-0
48
6,0000..Oct 1 31-'34
48 '08 A-0 57,000____Apr 1 1938
48 '06 A-0 2,000__Apr 1 1920
3546'05 A-0
3.000_s_June 1 1935
48 '07 A-0
2,000
..Apr 1 1937
4s '10 M-S 30,000____Mar 1 1940
45 '11 A-0 43,000____Apr
1941
4s '18
6,000
1919-1923
Park _-Street School Notes.
4s '16 ___ $6,000
1919-1924
Peabody Family Refund. Bonds
4s '12 M-N $4.000__May 1 '20-21
Water debt
$185,000
Electric-light debt
54,400
Ordinary debt
12,000
TOTAL DEBT Dec 31 '18. 216.035
Sinking FundsWater
$29.122
Electric light
18.242
Total sinking funds
47,366
Assessed valuation, real___6,917,275
Assessed val. personal
1,263,400
Total valuation 1918- - -8,180,675
Tax rate (per 31,000) 1918..-320.80
INT. at First Nat. Bank. Boston.
DARTMOUTH.
This town is in Bristol County.
Water Bonds.
4s '15 F-A $44,000c_32,000 yearly
BOND. DEBT Jan 1 '19__ $44,000
Floating debt Jan 11919.... 48.750
Assess. val. real estate_ -_-5.178,825
Assess. val. personal
723,750
Total assess. val. 1918..... _5,902.575
Tax rate (per $1,000) 1918---$18.00
Population in 1915
5,330
DEDHAM.
This town Is in Norfolk County.
Inc. 1636. Population 1915. 11.043.
Sewer Certificates.
4s '14 F-A $66,000c_Feb 1 '20-'41
3343
A-0 21.000c..Oct 1 '19-'29
Street Loans.
4s '14 ___ $1,000____July 1 1919
45 '17 M-S 8,000.Mar 29 '20-'23
6,400.._Feb 15 '20-'20
5s
5s
24,300__Feb 15 '20-'28
4s
3,000_- Mar 29'20-'22
School Loans.
J-J $11,350_July 17 '19-'22
3342
334s'09 J-D 30,000 __June 1 '20-'29
4s '16 J-J 117,000_ _Jan 1 '20-'36
4s
--- I $875____July 1 1919
113,125__July 1 '20-34
Bridge Loan.
48
--- $14.400_ _July 1 '19-'34
TOTAL DEBT Jan 1 1919 3327,800
Cash in treasury
62.417
Assessed valuation, real.._11,646.750
Assessed val.. personal
2.468,526
Total valuation 1918-14,115,275
Tax rate (per 31,000) 1918_ __$20.80
Pop'n 1915, 11,043;'18 (est.), 13,100
INT. by check from City Treas.
DOUGLAS.
This town is in Worcester County.
BOND. DEBT April 1914_ $42,000
Assessed valuation, real___ 960,430
Assessed val'n, personal..._ 479,795
Total valuation 1918
1,440,225
Tax rate (per 11,000) 1918-$12.50
Population in 1915
2,179
DUDLEY.
This town is in Worcester County.
Inc. 1732. Population 1915, 4,373,
Water-Supply Bonds.
3348'09 J-D $S0,000c&rJune 1 '20-39
BOND. DEBT Apr 30 '19_ $88,000
Assessed valuation, real_ _1,748.065
Assessed val., personal
744,769
Total valuation 1918-----2.492,834
Total tax (per $1,000) 1918_ -318.30
INT.at Old Colony Trust Co.
EAST BRIDGEWATER.
This town is in Plymouth County.
Inc. June 14 1823. Pop.'15. 3.689.
4s '16 --- $3,000
1919-1921
Notes.
45 '15 -- 33,240
1919-1920
High School Bonds.
1919-1932
4s '12 M-S 311,000c
Water Bonds.
1919-1924
4s '12 A-0 $8,210a
4s '10 J-D
5,000c__-$500 yearly
448'13 M-8 84,000__Mar 1 '20-'43
9,000__Jan 1 '20-'25
4)(8'13 J-J
Sewer Bonds.
4s '10 J-D $5.0000_51,000 yearly
BOND. DEBT May 1913-$167.500
Floating debt
3,000
Assessed valuation, real-2,209,200
1,153,208
Assessed val.. personal
Total valuation 1918-3,362,408
Total tax (per $1,000) 1918..--$25.50
Bank,
Boston.
INT.
at
First
Nat.
$596,800
[VOL. 108.
Hospital Bonds.
EASTHAMPTON.
This town is in Hampshire County. 434s'14 F-A $6,000____Aug '19-'24
Inc. June 17 1785. Pop. 1915,9,845.
Sidewalk Bonds.
Sewer Notes.
434s'14 F-A $4,000____Aug 1 1919
6,000c___June 1 1920
334s'05 A-0 $4,000 __Apr 1 1923 4s '15 J-D
4s '04 June 8.000.......Jan 1 1920 5s '17'
1,000.Nov 20 '19-'20
334s'05 Apr 10,000-Apr 1 '21-'22
Hospital Bonds.
4s '06 J-D 13,500.._June 1 '24-'25 434s'14 F-A 166,000__Aug 1 '19-'24
Playground Bonds.
School Loans.
45 '11 M-S $24,000 -Sent 1 '19-'30 48 '15 F-A 39,000__Aug 1 '19221
48 '12 J-J
18,000c_July 1 '19-'27 534s'18 M-N 1,000_May 21 '20-'21
48
A-0 14.000__Oct 1 '19-'25 5340'18 M-N 1,000_May 21 '20-'21
48 '16 ___
1 1919 5s '19 J-J
1,000-___July 1 1919
3.2,300.
1 1920 5s '19 J-J
4.000-_Jan 1 '20-'23
500___Sept 15 1919
Water Bonds.
5s '19 M-S
4s '11 J-D 31,500c___June 1 1920 5s '19 M-S 1,000_Mar 15 '20-'21
Water Notes.
Refunding Bonds.
3 48J -D M-N $12.000r_Nov 1 '19-'24 48 '()5 M-N $11,000c_May 1 '20-'30
48
A-0
9.000r-Oct 1 '19-'21 4s '06 M-N 12,000c_May 1 '20-'31
BOND. DEBT Jan 1 '19_ $147,800 4s '07 M-N 13,000o_May 1 '20-'32
Temporary indebtedness__
77,000 4s '08 M-N 14,000c_May 1 '20-'33
Assessed valuation, real__-6,739,638 4s '09 M-N 12,000c_May 1 '20-'29
Assessed val., personal.._.6,794,298 48 '10 M-N 6,000..-May 1 '20-'25
A.ssess. val. bank stock..___
65,500 48 '11 M-N 3,0000_Nov 1 '19-'21
Tot. assess.val.'18(4-5act)10.599,436 4s'14 F-A 21,000____Aug '19-'39
Tax rate (Per $1,000) 1918-325.00
Surface Drainage Bonds.
INT. in Boston at First Nat. Bk. 48'01&'3 J-D$200.000c&rJ'nel'31 &33
1,000____Aug 1 1919
4s '14 F-A
6,000__Aug I '19-'20
49 '15 F-A
6,000__June 1 '20-'21
EAST LONGMEADOW.
434s'17
This town is In IIampden County.
Water Main Notes.
Incorporated July 1 1894.
44,8'15 F-A $2.000__Aug 5 '19-'20
Water Bonds.
Surface Drainage Notes.
M-N$36,000cNos1
,
15 '19-'42
4345
434s'15 M-S $1,000____Mar 1 1920
School Bonds.
48
J-D $16,000c_Dec 1 '19-'34 434s'17 J-D 19,000-June '19-'26
Water Bonds.
School-House Notes.
348
A-0 53,000
1919-1921 Is '91 J-J $100,000c&r.July 1 1921
30,000c_ __July 1 1922
434s
M-S
500
1919 is '92 J-J
70,000c&r..Jan 1 1924
48 '94 J-J
Road Notes.
Street
Bonds.
4 1-10s J-D
1919
$500
BOND. DEBT Apr 14 '19- $56,000 4s '10 J-J $12,000c_July 1 '19-'20
19,100__July 1 '19-'23
Floating debt
10,000 434s'13 J-J
5,500__Oct 1 '19-'23
Water debt (included)
36,000 448'13 A-0
Assess. val. real estate_
1.540,220 4s '14 J-J 312,000c..July 1 '19-'24
3,000____Aug
1 1919
434s'14
F-A
Assessed val. personal..
206,645
6,000c_June 1 '20-'25
Total assessed val. 1918 _ _31,746,865 48 '15 J-D
Total tax rate (per $1,000) 18.820.60 5s '18 M-S 63,000__Sept 1 '19-'28
City Hall Bonds.
Population in 1915
1,939
434s'18 J-D 67,000-_Dec 1 '19-'38
INT. on bonds is payable at Old BOND. DEBT Apr 1 '19-$1,166,100
Colony Trust Co., Boston; on notes Water bonds (additional)_
200,000
in Boston.
Note debt
168,715
TOTAL DEBT Apr 1 '19- 1,534,815
Sinking funds
516,287
ESSEX COUNTY.
Borrow. capac. Apr 1 '19- 400,740
Salem is the county seat.
Assess. val. real estate_..32,800,800
Street Bonds.
6,252,900
1919-1923 As.sess. val. personal
45 '13 ___ $25,000
Total
valuation 1918_ _ _ _39,053,700
2,000
1919
j
42 '14
140,000
1920-1927 Tax rate per $1,000. 1918,.___$22.60
4348'17 M-N 19,200
1919-1923 Popula'n 1910, 33,484; 1915, 37,718
INT. on coupon bonds in Boston
Agricultural School Bonds.
4s '13 F-Af$17.500c_Aug 1 '19-'23 at Merchants' Nat. Bk. and Old Col1 30,000c_Aug 1 '24-'33 ony Tr. Co.; on city notes by Treas1919-1925 urer's check.
4s '15 ___ 70,000
Bridge Bonds.
WATER WORKS.-CIty owns
4s '08 M-1 $60,000c_Mar 1 '21-'23 and operates Its water works. Re15,000c___Mar 1 1924 ceipts for 1918 (April 1 from water
12.000c_Sept 1 '19-'24 rates, $125,014.
48 '11 1111919-1922
413 '11 ___ 12,000
1919
4s '13
f$2,000
1920-1933 FAIRHAVEN.
146,000
This town is in Bristol County.
4s'13 J-D 24,000c..Dec 1 '19'23
4s'14 J-D 21,000c..Dec 1 '19224 Inc. Feb. 22 1812. Pop. 1915,6,27
4s'15 J-D z40.000c_Dec 1 '19226
Bridge (Int. at First Nat. Bk.,Bos.)
48 '14 M-S 32,000c_Mar 1 '20-'27 4s '07 M-N $30,000c_Nov 1 '19-'49
1919-1933 BOND.DEBT Apr 14 1919 $30,000
4s '13 ___ 52,500
1919 Floating debt....... - 103,550
4s '15 ___
2,500
48 '16 M-N 60,000_ - __Aug 1 1919 Assessed val., real
4,665,380
Assessed val., personal_
1,473,539
Highway Bonds.
6,138,919
43 '08 M-S $45.000o_Mch 1 '20-'28 Total valuation 1918
4s '16 -__ 120,000...June 1 '20-'21 Total tax (per $1,000) 1918-520.00
(45000.._June 1 '22-'26
Building Bonds.
48 '07 J-13 1205,000c_Dec 1 '19-'29 FALL RIVER.
This city is in Bristol County.
4s '09 J-D 56,000c_Dec 1 '19-'22
15,000c___Dec 1 1923 Inc. in 1854. Pop'n 1915, 124,791.
Hospital Bonds.
1949
5s '19 -__ 145,000
1919
4s '17 ___ $150,000
Police-Bldg. Bonds.
TOT. BD. DT. Jan 1 '19_ $869,000 4s '15 M-8 $6.000r-Mar 1 '20-'25
Total constr. debt
300,000 Is '14 J-J 128,000_July 1 '19-'34
Other indebtedness
89,315
Improvement Bonds.
Tot.indebtedness Jan 1 '19 1,258,315 4sPublic
'14 M-S $93,000_Mar 2 '19-'24
Cash on hand Jan 11919.. 166,608 45 '15 J-J 30,000..Jan 1 '20-'25
38,835 4s '16 M-8 49.000__Mar 1 '20-'26
Other assets
Net liabilities Jan 1 '19 _ __ _1,052,872
'15 M-S 42,000Mar '20-'25
Assessed valuation, real_395,890,247 48
4s '16 F-A 28,000__Aug '19-'26
Assessed val., personal_ -104,549,317 4s
'17 M-S 80,000„Mar 1-'20-27
Total valuation 1918._ -500,439,564 5s '18
A-0 40,000_-Apr 1 '19-'28
Pop'n 1910, 436.477; 1915, 463.662
Bonds.
Street
xINT. at Merch. Nat. Bk., Best.; 4s '16 F-A
3225,000...Aug 1 '19-'36
others at let Nat. Bank, Boston.
Sewer Loans.
4s '95 F-A $65.000 _-__Feb 1 1925
EVERETT. Nathan Nichols,Treas. 45 '06 J-J
75,0008-July 1 1926
Everett is in Middlesex County. is '96 A-0 75,000--Apr 1 1926
/t was formerly a part of the town of 4s '97 A-0 50,000-- -Apr 1 1927
but
was
Malden,
Incorporated as the 45 '98 A-0 40,000....Apr 1 1928
town of Everett on March 9 1870. 4s '98 J-J 100,000*-July 1 1928
It became a city Jan. 2 1893.
is '99 F-A 45,000-F&A 1 1929
4s '99 M-N 20,000_.May 15 1929
Armory Notes.
3
34s'00 M-N 25,000.- -May 1 1930
$5.437
-Sept
1
'19-'22
4s '02 M-S
334800 F-A 29,000-- -Aug 1 1930
Health Notes.
5s '19 M-S $4,500_ - _Mar 15 1920 3 As'01 A-0 25,000--Apr 1 1931
3 Hs'01 J-J
20,000....July 1 1931
Library Notes.
534s'18 M-N 32,000_May 10 '20-'23 330'02 A-0 100,000'....Apr 1 1932
334s'03
A-0
50,000
- _Apr 1 1933
1Street Notes.
334s'04 M-N 100,000*-May 2 1934
48 '11 J-J 315,600-July 1 '19.21 3348'05
40.000.-Mch 1 1935
M-S
'19-'22
48 '12 F-A 20,000_Aug 1
is '06 M-S 60,000.--Mch 1 1936
500_..Aug 5 1919 is '07 M-S 50,000....-Mch 1 1937
43s'15 F-A
53 '18 M-N 1,000__Nov 1 '19-'20 is '07 J-D 15,000.--June 1 1937
7,000__Aug 12'19-'23 48 '08 M-S 50 000- _Mch 2 1938
534s'18 F-A
Sewer Bonds.
48 '08 J-D 20,000....June 1 1938
48 '9'3 J-J $125,0000&r_July 1 1923 334s'09 M-S 50,000- __Mch 1 1939
45 '99 M-S 100,000cdcr_Mch 1 1929 45 '10 M-S 50,000. arch 1 1940
-1 '19-'30
43 '01 JsD 100.000c&r_June 1 1931 4s '10 J-J J24.000r*July
110,000r*July 1 '31-'40
48 '05 J-D 25,000c&r_June 1 1935
43 '10 J-D 66,000. __June 1 1940 4s '11 M-S 50,000--Mch 1 1941
is '12 M-S i 70,000.--Mch 1 1942
Fire-Station Bonds.
A-0 48,000_*Apr 1 '20-'43
4s '15 F-A $4,000-Aug 1 '19220 434s'13
434s'13 M-N 48,000-*May 1 '20-'43
School Notes.
'14 M-S 50.000*-Mar 2 '20-'44
4s '01 A-0 $2,000.-Apr 1 '20-'21 4s '14 Id-S iI80005-July 1 19-'24
48 '03 M-N 6,250__Nov 2 '19-'23
40,000*_July 1 '25-'44
48 '03 M-N 3.428__Nov 1 '19-'23 48 '15 M-8 66,000r_Mar 1 '19-'40
1.500_June 18 '19-'21
48 '03 J-D
10,000r_Mar 1 '41-'45
4s '99 F-A 12,000 __Aug 1 '19-'24 4s '16 M-8 84.000__Mar 1 '19-'46
4s '12 F-A 12.000r_Aug 1 '19-'30 48 '16 F-A 23,000-Aug '19-'41
2,000._Oct 22'19-'20 4s '17 M-8 24,000_ _Mar 1 '20-'27
448'13 A-0
534s'18 J-J
4,500_July 10 '19-'23
40,000 Mar 1 '28-'47
48 '17 A-0 24,000_ _Apr 1 '20-27
School Bonds.
20.000_ _Apr 1 '28-'37
4s '05 J-J $49,000c_July 1 '19-'25
4s '1:3 A-0 150.000c..Oct 1 '19-'33 5s '18 A-0 40,000__Apr 1 '19-'38
10,000__Apr 1 '39-'48
434s 14 F-A 16,700Aug 1 '10-'24
JUNE 1919.]
MASSACHUSETTS-CITIES AND TOWNS
29
FALL RIVER (Concluded)
FITCHBURG.
Debt Dec. 31 1918GRAF'TON.
This city is in Worcester Co. Inc. Town debt (inside limit)
Municipal Loans.
$143.300
This town is in Worcester Co. Inc
33.0'09 J-J $15,000_. __July 1 1919 as town Feb.3 1764; city Mar8 1872. Town debt (outside limit) _
171.000 Apr. 18 1735, Porelten 1915, 6.250.
4s '09 M-N 15,000--Nov 1 1919
Water debt (outside limit). 467.000
Municipal Loan.
School Bonds.
4s '10 J-D 100,00O..-Deo 1 1920 4s '09 M-N310,500rNov 1 1919 Borrow.capac. Dec.31 '18 398.619 330'99 J-J $35,000cJuly 18 '19-'39
48 '10 M-S 170,000 -Mch 1 1920 4s '10 M-N 7,000r_Nov 1 '19-'20 S.fd.water (outside limit)
97,673 48 '08 Dec
2,700c ____1919-1928
4s '11 M-S 140,000---Mch 1 1921 43 '11 M-N 25,500r_Nov 1 '19-'21 Assess. val., real estate___14,681.150
Notes.
4s '11 J-D 20.000-June 15 1921 45 '12 M-N 40,000r_Nov 1 '19-'22 Assess. val., personal..___ 4,066,710 5s '09 J-D3380____$380 yearly
4s '12 F-A 215,000eb 1 1922 4s '14 M-N 46,600r_Nov 1 '19-'24 Total valuation 1918
18,747,860 48 '11 June
900..$300 yearly
4s '12 M-S 12.000-__Sept 3 1922
T tal tax (per MOW) 1918-$20.00 4s '13 J-D
500„--$300 yearly
430'13 F-A 90.000r___Feb 1 1923 4sPaving.
Pop'n '15, 15,860; '17 (est.)__17,000 48 '13 J-D
2,150--$430
yearly
'14
M-N
10,000r .._Nov 1 1919
440'13 F-A 22,500r_Aug 1 '19-'23
INT. at First Nat. Bank, Boston 4s '14 J-D
600----$600 yearly
Macadam Pavement & Sidewalk.
4s '13 J-D 50,000-Dec 1 '19-23
Funding Bonds.
3;0'16 M-N$20,560__Nov 1 '19-23
48 '89 A-0 $31,500c Oct 1 '19-'39
Almshouse Bonds.
FRANKLIN.
Street Emergency Bonds,
DEBT Apr 1919-- $69,700
430'14 M-Nf$2,000____Nov 2 1919
This town is in Norfolk County. BOND.
Notes outstanding
15.000.._Nov 2'20-34 3348'15 M-N $9,200__Nov 1 '19-'20 Inc. Mch. 2 1778.
5.530
Pop. 1915,6,440. Assessed valuation, real...._2,545,6
53,900__Jan 1 '20-'36
4s '16 J-J
36
Playground Extension
Sewer Bonds.
Assessed val., personal__
48 '15 F-A 63,000__Aug 2 '19-'35 30'16 M-N $1,000__NovBonds.
929,990
1 '19-22 48 '14 M-N360,000c_Nov 1 '19-'38 Total valuation
_ 3,47562_
Bridge Bonds.
4s '15 M-N 15,000c___Nov 1 1919 Tax rate (per 1918
Sewer.
$1,000)-f91-8--$18.50
4s '07 J-J $56,000... __Jan 1 1957 4s '11 F-A 512,000r_Aug 1 '19-'21 4s '15 F-A 42.000c_Aug 1 '19-'39
INT.on funding bonds and school.
48 '10 J-Dc288,000 __Dec 1 '19-'34
Sewer Loan Notes.
180,000r_Aug 1 '22-'41
96.000•_Dec 1 '35-'40 4s '12 F-A 120,000r_Aug 1
J-D $4,000„Dec 1 '19-'20 33.0 at Treas. office, school 48 at
'23-'42 _s
First Nat. Bank, Boston, on notes
School Bonds.
4s '13 F-Al 32,00()r_Aug 1 '19-'22
Highway Loans.
1120,000r_Aug 1 '24-'43 4s '12 M-N$18,000__Nov 1 '19-'27 at Grafton Savings Bank.
4s '10 J-J $25,000r_ _July 1 1920
School Notes.
45 '11 11-N 15,000_ -Nov 1 1921 4s
___ 112,000r_Aug 1 '19-34
20,000„July 1 '19-'22 4s '15 F-A J60,000r_Aug 1 '35-'44 4s '17 M-S $11,000__Sept 1 '19-'29 GREAT BARRINGTON.
4s '12 J-J
Water Works Bonds.
This town is in Berkshire County.
160,000r_Aug 1 '36-'45
Is '12 J-D 15,000____Dec 2 1922
48 13 F-A 190.000r___Feb 1 1923 4s
--- 40,000__Aug 1 '19-'23 4s '07 J-D$118,000c_June 1 '19-'36 Inc. 1761. Popula'n 1915, 6.627.
4s '09 J-D 16.000c_June 1 '20-'34
School Bonds.
48 '15 M-S 16,000r___Mar 1 1920
Sewer. Street. Paving. School 45 '11 J-D
44.000c_June 1 '20-'40 48 '07 J-D $31,500c_Dec 1 '19-'27
4s '15 A-0 12,000__Oct 1 '19-20
and Bridge.
4s '15 F-A 20,000__Aug 2 '19-'20 4s '16 M-N$50,770__Nov 1 '19-'29 450'13 F-A 20,000c_Aug 1 '19-'38 BOND. DEBT Jan 1 1919.. 331,500
BOND.
DEBT Apr 15 '19_ $348,000
val., real
48 '16 F-A 225,000__Aug 1 '19-36 4s
5,370,260
M-N 72,500__Nov 1 '19-'23 Water debt (included)____ 198,000 Assessed
Assessed val., personal
4s '16 F-A 24,000,__Aug 1 '19-'21 4s
2,137,575
M-N 52,800Nov 1 '19-'24 Assessed val., real
4.446,380 Total valuation 1918
4s '16 M-S 58.000-Mar '20-'21 4s '15 M-N 62,300r_Nov 1
7,507.835
'19-'25
Assessed val., personal_....1.024,319 Total tax rate (per $1.000)'1845 '17 M-S 78.000_ _Mar 1 '20-'22
$9.80
Water.
Other assessable property_ 105,352
5s '18 A-0 60,000__Apr 1 '19-'38 4s
INT. payable in Boston at Old
A-0$300,000r___Nov 1 1922 Total valuation 1918
5,576,051 Colony Trust
Co.
4s
127,000r_Oct
A-0
1
'19-27
(Assessment at fair cash value.)
Park Bonds.
120,000r__Oct 1 '28-'37 Total tax rate (per 51.000)'18$20.0O
330'02 A-0 $25,000_ _Apr 1 1952
GREAT BARRINGTON FIRE
J-D 12,000r_ _ _Dec 1 1922
3;0'02 J-D 25.000". __Dec 1 1952 3)s
INT. payable at Franklin Nat. Bk.
DISTRICT.
As
55,000r_July
3
J-J
1
'23&'26
334s'03 M-N 25,000". _May 1 1953
Water Bonds.
25,000'.. _July 1 1953 4s'09 M-N f11,000r_Nov 1 '19-29
3!.4s'03 J-J
-8
15,000r__Nov 1 '30-39 GARDNER.
$55,000_ _July 1 '23&'37
30,000r•July 1 '19-30
48 '10 J-J
This town is in Worcester Co. Inc. 4s '12 J-10 29,250c_Dec 1 '19-'32
4s '10 M-N 11,000r_ _Nov 1 '19-'40
Water Notes.
Playground Bonds.
11,600r_ _Nov 1 '19-'21 June 27 1785. Pop'n 1915, 16,376.
_s
Isolation Hospital Loan.
33.s'09 J-J $100,000._ -July 1 1939 4s '11 M-N 3,000r__Nov 1 '22-'31
--- 35,000_ ___Aug 1 1927
-__
48 '14 M-N 41,500__May 1 '19-44
5,000_ ___Nov 1 1935
2,000r__Nov 1 '32-'41 4s'15 A-0 $13,000__Apr 1 '20-'25 -s
_s
14,000___July '18-'45 4s '12 M-N112,000r_Nov 1 '19-'30 4s '15 ___
3.000
4s '15 J-J
1,000____July 1 1919
Notes.
School Loan.
13,500__Jan 1 '20-'32
4s '16 J-J
6,000r_ _Nov 1 '31-'42
1
--- $12,000-$2,000 yearly
4s '14 M-N 26,000r_Nov 1 '19-'44 48 '97 J-J $15,000c_July 1 '19-'24 -s
Hospital Bonds.
5.000c_June 1 '20-'23 Bond & note debt Apr 1 '19 $107,250
4s '15 M-N135,000r_Nov 1 '19-'45 48 '04 J-D
4348'08 1I-N $31,500 ..May 1 '20-'28 4s '16 M-N 05,000„Nov
4.000_June 1 '19-24 Floating debt
1 '19-'32 310'04 J-D
1,134
4s '17 M-S 161,000__Mar 1 '20-'27
Cash
on
hand
4348'17 M-S 53,000c_Sept 1 '19-'31
801
School.
170,000_ _Mar 1 '28-'37
Sinking fund
Street Bonds.
43.622
M-N$200,000c&rMay 1 1923 018'12
430'17
71,000__Dec 1 '19-37 45
Tax
rate
(per
M-N
$4,750
__Nov
$1,000)
1
'19-'22
1917_ - 36.00
4s
J-D 50,000r __June 1 1925 4545'16 F-A
1,000
1919 Population 1912 (est.)
4,000
48
2,000r_Dec 1 '19-'22
Water Bonds(Outside Limit).
--INT.at Old Colony Tr. Co.. Bost.
Sewer Loans.
Restoration of Trust Fd. Bonds. 30'01
45 '93 J-D $75,000._ __June 1 1923
11-N $16,000c_May 1 '19-'26
11-N 75.000 --May 1 '24-'26 4s
4s
--- $19.200r_May 120-'22 3 30'01 F-A
9,100Aug 1 '19-'31
4s '95 J-D 50,000-- __June 1 1925
D FIRE DIST. NO. 1.
Debt May 1919.
Is '03 M-S
6.500c-Sept 1 '19.'31 GREENFIEL
48 '97 A-0 50,000 __Apr 1 '27-'28 Total funded
This district is in Franklin County.
.$2,289,100 'Is '04 J-D
debt
7.530o_June 1 '19-'34
M-N 150,000-Nov 1 '23-'28 Water debt (included)__48
Organized May 6 1870.
735,500
33.s'04
A-0
24.000c_Oct
1
'34
'19
43 '99 M-N 50,000-.- _May 1 1929 Sinking funds
Water Supply Bonds.
424,183 45 '05 M-N 8,500._Nov 1 '19 '35
43 '99 F-A 150,000 --Aug 1 1929 Borrow.
Dec 1 '17- 464,900 330'09 F-A
9,500 _Aug 2 '26-'39 430'13 J-D $32,500c_June 1 '19-'28
3 0'99 M-N 175,000 _ -Nov 1 1929 Assessed ca.pa.c.
Reservoir Notes.
val., real
31,720,850
2,000c_July
'10
J-J
4s
1
'19-'20
30'00 F-A 100,000- _Feb 1 1930 Assessed val., personal_ _ _ 11,151
4s '05 A-0 $14,000r_Apr 15 '19-'24
,975
Sewer Scrip.
33s'00 M-N 20.000May 1 1930 Total valuation 1918
42,872,825 4s '06 J D $9,800c_Deo 1 '19-'36 4s '10 M-N 44,250c_Nov 1 '19-30
A-0 60.000 __Apr 1 '31-'33 Tax rate (per MOW) 1918-$20,80
3348
TOTAL DEBT Jan 1 1919 $90,750
Water
Bonds.
3348'02 A-0 50.000 __-Apr 1 1932 Popula'n 1910, 37,826;
1916, 41,445 4s '04 M-N $160.000c_May 2 '19-'34 Assessed valuation 1918_13,771.068
33,4s'02 J-D 50,000 _- -Dec 1 1932
Tax rate (per $1,000) 1918__$1.20
31.500c_Oct
A-0
'09
45
1
'19-'39
INT.
coupons
on
Is
payable
20,000
48 '04 M-N
at
__ _May 2 1934
INT. on water supply bonds is
'17 ___ 29,000__Apr 1 '19-'47 payable
3 As'04 F-A 175.000_ Feb 1 1934 Merchants' Bank, Boston; reg. int.
at First Nat. Bank, Boston;
--_ 19.000_ _July 1 '19-'37 on others
4348
4s '15 M-N 44,400_Nov 1 '19-'45 remitted by check.
at Treasurer's office.
GEN.
BD.
DT.
Jan
1
1919-$418,100
4s '15 J-J 135,000__Jan 1 19-'45
Floating debt
130,000
FOXBOROUGH WATER SUP- Total valuation 1918__311,390.087 GROVELAND.
Equipment Bonds.
This town is in Essex County.
Tax rate (per $1.000) 1918..._$24.l0
4s '15 __- $28.000__Aug 2 '19-20
PLY DISTRICT.
Water-Plant Bonds.
INT. at Nat. Shawmut.Bk., Bost.
District was organized under
School Loans.
4 A 8'14 A-0 $50.000_ _ Yrly to 1944
3 As'00 M-14:3100.000• __May 1 1925 Chapter 196, Laws of 1879 and
NET DEBT Apr 17 1919_ $51,223
GLOUCESTER.
3;0'04 J-J 150,000'.. __July 1 1924 Chapter 205, Laws of 1891.
Assessed val., real
1,180,925
Gloucester is in Essex Co. Inc. Assessed val., personal
Jan $7,500
J-D 140,000'.June 1 '27-'28 4s
4s
312.097
($2,500 yearly in Jan.)
town 1642; city 1874. Pop'n 1915, Total valuation 1918_ _
4s '08 J-D 70,000*___June 1 1928
J-J $1,000
24,478. All bonds issued are cou- Tax rate (per $1.000) 1918- _1.493.022
330'09 M-N 145.000*-May 1 20-34 45
_$26.40
form.
($1,000 yearly in July)
pon in
110,000*_May 1 '35-'39
Population in 1910, 2,253; '15. 2.377
3 As'09 J-J
60,000_• __July 1 1929 4s
A-0 $15,000_Apr 1920-1934
Municipal Bonds.
2,000_
A-0
48 '09 M-S 10,500•_Sept 1 '19-'39 30
J-D $1,500
33's
1919
HADLEY WATER SUPPLY DIST.
48 ,10 J-J
($1,000 yearly in Oct.)
88,000*rJuly 1 '19-'40
4s
J-D 16,000
1919-1926 BOND.DEBT
60.000*rJuly 1 '19-30 330
A-0 $8,000_Apr 1922-1929 4s
4s '10 J-.1
Apr 1916_ __$49,200
J-D
5,000
1919
J-J
4s '11 M-S I 6,000*r.Mar 1 '20-'21 4s
4,500
4s
J-D
2,000
1919
120,000*rMar 1 '22-'31
($500 yearly on Jule.15.)
HAMPDEN COUNTY.
4s
M-N
8,000
1919-1920
4s '13 M-N 14.000*_May 1 '20-'33 48
County seat is Springfield.
J-D $2,500
M-N 6,000
48
1919-1920
48 '11 J-D 60,000_ _*J'ne 1 '20-'31
($500 yearly on Juno 15.)
School Bonds.
4s
M-N 4,000
1919-1920
68,000*_July 1 '19-'34 4348
F-A $10,000
4s '14 .1-J
4s
J-D 27,000
1919-1921 4s '16 J-D$119,000c_June 1 '20-'36
($1,000
yearly
on
Aug. 15.)
Notes.
4s
J-D 36,000
Public Library.
1919-1922
4s
J-D 14,000
Water Bonds.
1919-1932 4s '16 A-0$100.000r_Oct 1 1919
48 '95 J-D $150,000*-J&D 1 1925
J-D
8,000
75,000'.--Jan 1 1927 43 '16 A-0 $10,000c_Oct 1 '19-38 4s
1919-1922 43.019 F-A 100,000_ Feb 1 1922
Is '97 J-J
BOND. DEBT Jan 1 '19.. $60,500 4348
Court-House Bonds.
['Special loans.1
J-D 30,000
1919-1923
Floating debt
M-N 15,000
1919-1923 48 '11 M-S$130,000c_Mch 1 '20-'32
5,500 4s
Harbor-Improvement Bonds.
Hall of Records Bonds.
J-J
fund
5,000
1919-1923
48 4348
4s '16 J-D1$16,000___Dec 1 '19-'26 Sinking
Total assess. val. 1918._ 2,183,575 4s
J-J
8,000
1919-1934 4s '08 F-A $10,000c_Aug 15 1919
1 5,000__ _Dec 1 '27-'31 Tax
rate (per $1,000) 1918_..$2.56 4s
J-J
7,000
1919-1925 BOND.DEBT April 1919 $266,000
Jan. 11919. Population in 1918 (est.)
4s
M-N 9,000
1919-1926 Floating debt
225,157
3,800
Municipal bonded debt__ _$6,529,550
4s
M-N 12,000
1919-1926 Assessed valuation 1918_365,111,551
Sinking fund, &o
J-J
4s
15,000
1919-1925 Popul'n 1910, 231.369; 191,262,944
2,090,480
M-N 27,000
4s
1919-1927
FRAMINGHAM.
INT. at Old Colony Tr. Co.. Boo.
Net city debt
J-D
9,000
$4,439,069
This town is in Middlesex County. 4s
1919-1927
Spec. loans,less sink.fund 2,373,017 Incorporated in 1700.
25,000____July 1 1923 HAMPSHIRE
4;0'18 J-J
COUNTY.
ht. Extension (Outside Limit).
Sewer Notes.
Northamptonis county seat.
Net city debt, less special
J-D 318,000
1919-1932
43.0'13 A-0 $3,000.._Apr 29 '20-'22 3348
Connecticut River Bridge Notes
loans
$2,060,052
Bonds
Park
(Outside
Limit).
Trust Funds Retoration Notes.
'15 M-N$37,000c.May 15' 20-'25
Water debt (additional) _ _ 1,429,000
J-J 537,500
1919-1938 48Sanatorium
43 ,14 J-D $33,000_1)ec 15 '19-'29 4s Bridge
Water sinking funds
Loan.
824,715
Bonds (Outside Limit).
$29,000-($6,000 yearly
School Land Notes.
4s
. J-D $3,000 ..,_1919-1921 4
Net water debt
on Oct 15.)
Water Bonds (Outside Limit). TOTAL
3604,285 48 '16 F-A $3,500__Juno 1 '19-'23
DEBT Apr 14 '19 371.000
Total net debt
9,000„Juno 1 '20-'28 33.48
$5,013.354 43's'17 J-D
A-0$338,000
1919-1931 Total valuation
1918
Val. city prop'ty 1918
63,575,741
A-0 180,000
9,292,038 5s '18 M-N 6,800__May 1 '20-'26 330
1919-1932
property assess't_
Incl. watcr-wks. val. at
323,805
_ 20,000
Serially 4s '04 A-0 45,000
2,119,200 _s
1919-1934 County
Pop'n, 1910. 63.327; 1915. 69,549.
Ass'd value, real estate_ 69,2,10,000
Water_-Notes.
4s '05 A-0 16,000
1919-1935
INT.
at
First
Nat. Bank, NorthAssessed val., personal_ 60,713,064 4s'16 J-D $6,000_ _Dec 20 '19-'21 4s '06 A-0 17,000
1919-1936 ampton.
Total val. 1918
129,953,064 4s '17 M-S 8,000.._Mar 1 '20-'27 4s '07 A-0 17,000
1919-1937
Tax rate (per $1,000) 1918-522.60
4s '08 A-0 18,000
1919-1938 HATFIELD.
Park Bonds.
INTEREST on most of the bonds
1919-1939
'15 IP-A $27,000e_Aug 1 '19-'45 4s '09 A-0 20,000
This town is in Hampshire County.
'10
A-0 11.000
4s
Is paid only at office of City Treasur1919-1930 Incorporated
in 1670.
Public Playground Bonds.
4s '12 A-0 13.000
er; on some small issues in Boston.
1919-1932 BOND.
430'13 J-J $25,000__July 1 '19-'43 45
DEBT Apr 29 '19- $80,000
'1 1 A-0 22,000
1919-1941 Water debt
(incl)
50,000
Water Bonds.
4.4 '13 A-0 24,000
1919-1943 Floating
debt
33005 A-0 $31,000c_Oct 1 '19-'35 4s '14 A-0 25,000
25.000
1919-1944 Sinking
FALMOUTH.
fund (water)
4s '06 A-0 174,000c Oct 1 '19-'36 4s '15 A-0 26,000
28,045
1919-H45
This town is in Barnstable County. 4s '07
A.ssessed val., real estate.._1,762,822
-A 23,000-Aug 1 '19-'37 4s '16 A-0 27,000
1919-1946 Assessed
Inc. 1686. Population 1915,3.917. 33009 F
val., personal__
430,451
A-0 35,000o __Oct 1 '19-'39 4s '17 A-0 28,000
1919-1947 Total
48 '12 J-D 21,000c_June 1 '20-30 5s '18 A-0 19,000
Channel Bonds.
1919-1938 (60%assessed val. 1918
acct.)___2,193.173
$14,500_$2,500 yearly 43 '15 A-0 22,000c_Apr 1 '20-'30 434s'19 A-0 20,000
1919-1938 Tax
rate (per $1,000) 1918__$20.00
WIN. DEBT Apr 22 1919 $305.500
Water Bonds.
Water Co. Bonds (assumed).
Pop. '15, 2,630; 1918 (est.)____2,950
debt (additional) __
18,000
33, s A-0 3128,000 ---1919-1934 4548 '06 $145,000
.1925 Street
Park debt (additional) ___
37,500
4s '12 M-N 40,000
Bridge Notes.
Water debt (additional)
868,000 HAVERHILL.
BOND. DEBT Jan 1 '19-- $206,000 430'13
This city Is in Essex County. SetA-0 54.000_Apr 29 '20-'23 Bridge debt (additional)
3.000 tled
Bridge bonds
7,000
1640; incorp. as a city 1870.
School Bonds.
TOTAL DT Apr 22 1819_81,232,000 48
Tar Road bonds
'16 ___ $116,300
4,000 48 '06 A-0 $52.0000_Oct 1 '19-'31 Assess. value, real estate_22,151.945
1919-1944
Assessed val., real
6,076,515 48 '08 A-0 20,000c_Oct 1 '19 '28 Assessed value,
4s '16 ___
9,000__Apr 1 '20-'21
personal_
4,191.881
Assessed val., personal_
1,005,012 45 '12 M-S 42,000 ,.Sept 1 '19-'32 Total
41018 J-J 63,000c_July 1 '19-'28
val.
'18
(act
26,343,826
.)
Total valuation 19187,081,527 4s '16 A-0 17,000c__Oct 1 '19-'35 Tax rate
(See V. 107, p. 1208.)
(per $1,000) 1918 __$23.20
Tax rate (per $1,000) 1916-.._$10,20
Municipal Bonds.
Loans.
INT. on city bonds at First Nat.
INT. at International Trust Co., 4s Sewer
$8,000_ _Aug 1 '19-'20
'14 J-D $26,000__Junea '20-'32 Bank, Boston; on water
bonds
at
430'17F-A
Boston.
6,000__Aug 1 '21-'22
45 '12 __- 13,000
Serially National Shawmut Bank, Boston.
10.000__Aug 1 '23-'27
assess.
30
HAVERHILL (Concluded)
MASSACHUSETTS-CITIES AND TOWNS.
48 '08 A-0 $13,500__Apr 1 '20-'28
4s '09 M'S 1,500___Sept 1 1919
City Bonds.
4s '91 A-0 $50,0000_ __Oct 1 1921 48 '10 M-N 33,000__May 1 '20-30
A-0 50.000o __Oct 1 '22-'23 4s '11 A-0 45,000_-Apr 1 '20-'28
4s
45 '10 A-0 5,200c ...,Apr 1 1920
Park Bonds.
4s '10 M-S 19,700c__Mar 1 1920 48 '07 A-0 *9.000..Apr 1 '20-'37
4s '11 A-0 22,000c _ _Apr 1 '20-21 48 '08 M-N 4.500__May 1 '20-'28
'20-'22
1
4s '12 A-0 30.000c_Apr
Municipal & Police Bldg. Bds.
1919-1924
4s '14 A-0 179.036
J-D 225,000__June 1 '20-'33
4s '15 A-0 96.000c_Apr 1 '20-35 430'13
Water Loan Bonds.
(See V. 100, p. 1691 for maturity.)
4s '97 J-J $250,000___ _Jan 1 1927
Playground Bonds.
3%8'09 A-0 $22,000c.. __Apr 1 1939 4s '00 J-J 50,000___ _July 1 1930
2.000o_Apr 1 '20-'21 4s '10 J-J 130,000__July 1 '19-'40
48 '11 A-0
30'17 A-0 15,000..Apr 1 '20-'22
School Bonds.
4s '06 A-04225.000o__Apr 1 1926
Hol. & W. RR. Bonds.
4s '07 A-0 49,000c_ --Apr 1 1927 48 '10 J-J 210,000__July 1 '19-'50
310'09 A-0 7.000c_ -Apr 1 1929
Gas Sc Electric Light Bonds.
48 10 M-S 86.850c-Feb 1 '20-'30
7,000-_Aug 1 '19-'24 310'02 J-D 336,000..Dec 1 '19-32
45 '10 F-A
M-N 2,000____Nov 1 1919
330'04
1919-1925
i21,000
48 '17 --- 1;
1926-1937 310'05 A-0 4,000__ --Apr 1 1920
24,000
330'05 S-M 3.000__Sept 1 '19-'20
Hospital Bonds.
5,000. Apr 1 '20-'21
4s '12 A-0 $25.500c_Apr 1 '20-'23 4s '07 A-0
125,000..Apr 1 '20-38
is'17 --- 363,00047,000 yearly. 4s '08 A-0
45,
r 1 '20-'29
10,000„Ap
A-0
'09
48
1919-1927
60,000
4Yis'17
4s '10 M'S 103,000__Mar 1 '20-'40
Bridge Bonds.
-A 124,000__Feb 1 '20-'42
4s '08 J-D 5122.0000 __June 1 1928 4s '12 F
'20-'34
16.000o_Apr 1 '20-'31 4s '14 M-N 75,000__May 1
4s '11 A-0
4s '15 M-N 85,000_ _Nov 1 '19-35
Water Loans.
4s '92 J-D S500.0000-Dec 1 1922
Influenza Epidemic Bonds.
4s '97 J-D 100.000c Dec 1 1927 430'19 M-S $19,000__Mar 1 '20-'23
Water Bonds. (Bradford annexes
Bridge Bonds.
Jan. 4 1897).
M'S $40,000„Mar 1 '20-'39
4s '95 J4 $18,000c_July 1 '19-'22 430'19
Bath-House Bonds.
War Bonds.
--- $2.500-42.500 yearly. 43is'19 M-S 420,000__Mar 1 '20-'39
45
Stadium Bonds.
Fire Department Bonds.
1919-1922 410'18
430'18 ___ 316,000
M-N$12,000__May 1 '20-'23
Influenza Epidemic Bonds.
Debt exempted by special Acts
•
430'18 J-D $15,000__Dec 1 '19-'23 of Legislature
.
'Sidewalk Bonds.
1919-1920 TOTAL DEBT Apr 1919-43,166,500
$2,000
41is'18
405,291
fund & RR.stock_
INT. on water bonds and on cer- Sinking
DEBT April 1919__ 2,761,209
tain city bonds payable in Boston and NET
445,000
-_(included)
debt
Water
at Treas. office' on bonds of 1905. Gas & Elec. debt (id.)... 877,000
1906 and 1907.city bonds of 1911 and H.& W. RR.debt (incl.)_
210,000
bridge bonds of 1908 and 1911. at Water sinking fund (incl.) 178,791
First National Bank. Boston.
3,454,200
real
val.,
estate..__5
Assess.
1918
1
TOTAL DEBT Jan
Assess. val., personal..,.._17,244,322
Municipal bonded debt......$1.796.500 Tot.val.'18(
fair cash val.).70,698.522
513,676
Sinking funds
rate (per 51,000) 1918-419.20
Tax
1,282.824
NET DEBT
INTEREST is payable at the MerWater debt (additional) __ 621.000
Water sinking fund (add'!) 322.113 chants' National Bank,Boston.
298,827
....
Net water debt
CITY PROPERTY.-Included in
2.317,500 the city's sinking fund as given above
TOTAL NET D EBT38,165.350 is 8226,500 Holyoke & Westfield RR.
Assess. val. real
9.484.569
Assess. val. personal
(market value $792.750). This
-47,649,919 stock
Total valuation
road is leased to the N. Y. N. H. &
1918 _ _$21.80 H. R. R. Co. and has paid dividends
1918-Tax rate (per 51.000)
Pop'n in 1910, 44,115; 1915, 49,450 since 1879. The value of all city
CITY PROPERTY.-The real property, not including water and
estate owned by the city as shown OD light plants, is estimated at $3,234,the assessors' books Dec. 31 1915 475. The water-works of the city are
valued at $1,399.778 and gas and
amounted to $1.978,810.
electric plants at $1,990,440.
IPSWICH.
This city is in Essex County.
Inc. 1634. Population 1915, 6,272;
1918 (est.), 6,500.
Water Loans.
J-J 3160.000c_1924 & 1927
48
17,000r -1919-1924
A-0
48
Light Loan.
Var $37,770- -- -.1919-1924
48
BOND.DEBT Apr.14 1919 $304,450
112,300
Water sinking fund
4,438,200
Assessed val. real
1,195,675
Assess. val. personal
5,633,875
Total val. 1919
Tax rate (per 51.000) 1918-._$22.40
INTEREST on coupon bonds in
Boston at Old Colony Trust Co.
[VOL. 108.
$80,100
School debt
25,000
Parks
17,000
Trust funds
88,000
Sewer
2,400
Other bonds
215,000
Street bonds
Cemetar3r
TOT.DEBT Apr 21 1919_ $373,500
7.513.199
Assess. val. real
999.438
Assess. val. personal
-8,512,637
Total val. 1918-Tax rate (per 51,000)1918 _ - -425.00
Pop'n. 1010, 4.918; 1915, 5.538.
INT. mostly payable at Fourth
Atlantic National Bank,Boston.
LINCOLN.
This town is in Middlesex County.
Inc. Apr. 23 1754. Pop.'15. 1,310.
LAWRENCE.
Water, (Int. at 1st Nat. Bk. Dos.)
This city is In Essex County. 310
J-D $23.000......1930 & 1932
Commission 45
Incorporated 1853.
J-D
8,5000-.1933-1934
government adopted Nov. 7 1911
J-D 14,000_1936 & 1937
45
410'19 A-0 40,000c_Apr 1 '20-'39 48 '07 J-D
5,000c___4500 yearly
Loan.
Ordinary Debt
3,000c...$500 yearly
48 '11 __
4s '10 J-D 322.000-Deo 1 '19-'20
at 1st Nat. Bk., Bos.)
School.
Park Loans.
Jan 1 '19-'28
J-J
4s
'08
$15,000c.1
49 '16 J-D $1.200__Dec '19-'21 BOND.DEBT Jan 1 '19-- $82,000
Playground Loan.
43,300
debt (Incl.)
48 '16 A-0 $3,640„Apr 1 '20-'26 Water
Water sinking fund_ _..... 24,700
4;is'17 M-N 40,000..___Nov 1 1937 General sinking fund
15,000
Boulevard Bonds.
1,630,000
Assess. val. real
48 '16 M-N436,000c_Nov 1 '19-'26 Assess. val. personal
241.821
Emergency Loan of 1915.
1,871,891
Total val. 1918
45 '16 --- 330.000..__Feb 16 1921 Tax rate (per 51,000) 1918-412.00
56 '18 F-A 140.000____Feb 1 1923
•
School Bonds.
4s '98 F-A 438.400-Aug 1 '19-'23 LONGMEADOW.
InCounty.
in
town
A
Hampden
'19-'24
1
4s '04 F-A 42,000-Aug
4s '10 A-0 54.000o_Oct 1 '19-'30 corporated in 1783.
Water Bonds.
45 '14 J-J 80.000__July 1 '19-'34
48 '15 F-A 85.000c_Aug 1 '19-'35 4s '95 -_- $30,000
5,500
2,400_ __ _June 1 1920 4s '11
45 '15 ___
Refunding Bonds.
48 '16 J-D 42,500c_June 1 '20-'36
4s '16 F-A 89,800c-Aug 1 '2(1-'36 4s '09 --- $1,500
5,850
___
410'17 M-S f56.000c_Sept 1 '19-'32 4s '11
6,000
___
115.000c_Sept 1 '33-'37 40 '12
Highway Bonds.
410'18 M-N 30,000..Nov 1 '19-'38
___ $3,000
45 '11
Sidewalk Bonds.
48 '16 J-D $12.000c-June 1 '20-'21 48 '12 - 1,500
Improvement Bonds.
45 '17 M-N 15,000___ May '20:22
$3,000
41is'13
Municipal Loans.
Sewer Bonds.
4s '94 J-J $200.000. __July 11024
34.500
8,600c_ Dec 1 1919 4s '14
4s '09 J-D
6,000
48 '12 M-S 150.000c_Mch 1 '20:22
School Bonds.
4;0'17-Police-Station Bldg. Bonds.
48 '14 J-J 480.000.-July 1 '19-'34 48 '16 --- $12,500
410'17 __ 20,000
Sewer Bonds.
4s '95 J-D $10,500-_Deo 1 '19-'25 BOND. DEBT Jan 1 '19- $197,850
25,000
48 '98 J-D 15.000-June 1 '19-'23 Floating debt
22,870
48 '07 J-D 45.000o_June 1 '20-'37 Sinking fund (water)
3.812,866
48 '08 A-0 9,000„Apr 1 '20-'28 Assess, val. real
432.724
4s '10 31-S 41,300o_Sept 1 '19-'30 Assess. val. personal
4,245,590
4s '15 A-0 32.000„Apr 1 '20-'35 Total val. 1018
48 '15 J-D 22,265__June 1 '20-'35 Tax rate (per $1,0-0-0)1918-$14.00
4s '15 M-S 22,265.-May 1 '20-'35 Pop'n 1915, 1,782; '18 (est.). 2,500
48 '16 M-N 7,000-May 1 '20-'26
8,000_Aug 1 '19-'26 LOWELL.
48 '16 F-A
5.000.-Dec 1 '19-'23
4s '16 J-D
This city Is In Middlesex County.
K.
HOLBROO
13,700__Aug 1 '18-'27 Inc. as a town In 1826, as a city Apr.1
s-a
'17
4s
This town is in Norfolk County.
Protection Bonds.
Fire
1836. Commission govt. adopted
2.948
'15.
ON.
Pop.
1872.
HOPKINT
29
1
Feb.
Inc.
4s '06 J4 $26.000c_July '19-31 Nov. 7 1911.
A town in Middlesex County.
Bequests.
Pavin* Bonds.
48 Water-Works Bonds.
May 12 '19 $30,000 4s '10 1,-A $30,000-Aug 1 '19-'20 6s Charitable
Perpetual
'71 M-8 $25,000
J-J $35.0000. __July 1 1922 BOND. DEBT
30.000
debt
Perpetual
1,000
45 12 A-0 75.000___Oct 7 1922 6s '17 A-0
3,000r..July 1 '23-25 Floating
4s '04 J-J
M-S 60.000____Sept 1923
410'13
4,000r_July 1 '26-'29 Assess. val. real 1918_ --- 1,644,437
4s '09 J-J
Library.
233,655 48 '14 J-D 125,000c_June 1 '20-'24
12,0000 -1924-1932 Assess. val. personal _ _ _ 1,878,092
1 '19-'22
4s '11 J-J
pt
31,600-Se
M-S
48
'12
1918_
val.
4s '15 M'S 12,000__Sept 1 '19-'20
4,000c--1933-1934 Total
J-J
Bridge.
Tax rate (per $1,000) 1918-- _ _423.00 4s '16 J-D 35,000c_June 1 '20-'26
Water-Works Notes.
t 1 1919
$90____Sep
2.475
M-S
'09
1915
4s
in
Population
1923-1924
Water Bonds.
_s '14 ___ $2,000
t 1 '19-'20
1919-1929
48
J-J 4712.000_July 1 '23& '46 4s '10 M-S 8,080....Sepept
5,500
_s '16 ___
1 1921
7,050__8
M-8
'11
4s
ne
1
'20-'36
48,000c_Ju
J-D
'19-22
_Serial
'16
4s
2,000_
___
_s '17
HUDSON.
2,600_-__Aug 1 1922
4s '12 F-A
Culvert Loan.
This town is in Middlesex Co.
Highway Bonds.
410'13 M-S 10,000----Sept 1 1923
10
Nov
1919
$1.000___
M-N
45
6.758.
'09
Pop'n
'15.
1866.
19
Mar.
Inc.
1919-1921
--- $1,500
-s
410'13 A-0 1,500___Oct 1 1923
Bridge Loans.
Light & Power Bonds.
1 1936
Refunding Loan.
Apr 1 '20-'28 4s '15 A-0 4260.000c_Apr 1 '20-'45 4s '16 J-D 112,500_-__June
4s '11 J-D $11,100__June 1 '20-'30 4Y0'18 A-0 1427,000__
48 '17 M-S 20,000___Apr 1 1936
1'19-'34
00c_July
J-Jj272.0
1
'29-'38
48
_Apr
'14
1
20,000_
1 '20-'21
May
4,000c
BOND.DEBT Dec 31 1918 $82,700
M-Nf
410'17
1
July
'34-'44
160,000c__
Town Barn Loan.
68,000
Water debt(included)
116,000c-May 1 '22-'37
ov 1 '19-'35
23,309 4s '15 M-N 4900-...May 1 1920 4s '15 M- 255.000c_N
Sinking fund (water)
43.0'17 M-N$150,500_ __May 1 1937
City Building Bonds.
Loan.
Assessed valuation, real_ 1,595,413 4sPark
1937
1
ept
4s '12 F-A $24,500_..Aug 1 1932
'15 M-S $1,200__Sept 1 '19-'20 4s '17 M-S 15.000__S
267,169
Assessed valuation, pers'I
410'18 J-D$120,000__June 1 '19-'38 45 '12 M-S 15,400--Sept 1 1932
Loan.
Total assessed val'n 1918 1,862,582 4sPavement
Loan.
1919
1
pt
4,500-Jan 1 1933
Building
Filter
,000____Se
48 '13 J-J
'15 M'S
Tax rate (per $1,000) 1918_ _ _ _422.00
9,750... ,Feb 1 1933
900___ _Sept 11020 410'18 J-D $60,000__Dec 1 '19-'38 48 '13 F-A
INT. at Boston at Nat. Shawmut
5,250___July 1 1933
TOT.BD.DT. Dec 19'18-33,902,176 410'13 J-J
Equip. Loan.
Dept.
Bk.and First Nat. Bank.
4s '15 M'S f$1,500___Sept 15 1919 Water debt (Included)__- 826,000
Park.
1 1,400___Sept 15 1920 Temp'y loan debt (add'!). 1,000,000 4348'09 J-D
4200-__Dec 6 1919
Municipal sinking fund.,, 215.833
Bridge Bonds.
'17 MS 6,500____Apr 1 1937
HOLYOKE.
0__May 1 '20-'31 Water sinking fund (add'I) 377,672 4s
M-N$12,00
g 1 '19:37
41s'18
19,000c_Au
-A
County.
F
410'17
Hampden
in
is
This city
192.801
Borrowing capacity
June 1946
4,760
'16 J-D
Electric Light Notes.
Inc. April 7 1873. Pop'n '15.60,816.
Assessed valuation, real 63,722,800 4s
Aug 1937
2
'19-'29
19,000
-Nov
F-A
410'17
N
$5,500.
3.658'03MAssessed val., personal_ 26,299,421
Miscall. Municipal Bonds.
Paving.
90,022,221
Water Notes.
Total valuation 1918
48 '07 A-0 $12,000_Apr 1 '20-'37
May 1920
'19-'27
1
'20-'21
-June
M-N$13,600
'10
1
45
.Apr
$8,000
value.)
market
J-D
38,000
'97
about
t
45
40 '11 A-0
Aug 1922
'19-23 (Assessmen
Tax rate (per 41,000) 1918._ -422.80 4s '12 1P-A 11,640
48 '09 J-J 83,000__July 1 '19-'29 310'98 ___ f 4,000__Nov 5
Aug 1922
8,730
, 1 5,000__Nov 5 '24-28 Pop'n 1910, 85.892; 1915, 90,259 4s '12 F-A
4s '10 M-N 28,000..May 1 '20-'30
July 1923
4,500
8,000--Deo 31 '19-'36
INT. paid at Old C'olony Trust Co. 410'13 J-J
4s '10 M-N 8,000____May 1 1920 3;is'06 J"-D
July 1923
410'13 J-J 37,500
In Boston and by City Treasurer.
4s '12 A-0 10,000__Oct 1 '19-'22 3.80s'08A-0 13.000-Oct 11 '19-'38
Nov 1923
3.200--July '19-'34
PROPERTY.-The city 4s '13 M-N 5,500
CITY
430'13 J-D 77.000_ _June 1 '20-'23 3 s'09 J-J
May 1924
'19-'29
1
60,000
M-N
'14
45
1.100-Deo
'20-'30
1
parks)
ne
J-J
including
;0'09
(not
3
94,000„Ju
owns property
48 '13 J-D
Apr 1925
'20-'21 valued at $4,278.725.
4s '15 A-0 52.500
4s '13 M-N 12,500__Nov 1 '19-'23 3.80s'11J-J f 800_May 15
Dec 1926
4s 16 J-D 40.000
1 6,000_May 15 '22-'41
4s '14 J-D 64.000_ _June 1 '20-'34
.Mar
1 1926
45,900.
M-S
'16
4s
Bonds.
Water
LEOMINSTER.
Sidewalk Bonds.
Mar 1927
June 1 '19-'32
4s '17 M-S 50,000
$3.250County.
in
J-D
is
Worcester
'12
4s
town
This
1
_Mar
1920
$2,000___
M-S
4s '15
Mar
1929
1.'19-'27
M'S
40,000
ug
118,000...A
410'19
F-A
17.646.
1915,
Popula'n
430'17
1740
Inc.
'19-'21
6.750_June 15
40 '16 J-D
1 5,000__Aug 1 '28-32
Municipal Loan Bonds.
Macadamizing Streets.
41018 M-N 4,500. May 1 '20-'28
Sewer Bonds and Notes.
'13 M-8 *90.000..Sept 1 '19-'33 45 '12 F-A $3,670....Aug 1 1922
4s
Highway Bonds.
3,060-__Dec 1 1922
4s '04 M-N $45.000o_May 1 '20-'34
4s '12 J-D
Town Hall.
4s '14 J-D 34,000..June 1 '20-'24 3 1is'04 M-N 32,000o-Nov 1 '19-'34 4s '94 M'S $30.000 _Mch 1 '20-'22 4s '13 M-N 12,000___May 1 1923
4s '15 M'S 42,000..Mar *1 '20-'25 4s '11 M-N 1,200o_May 1 '20-'23 4s '14 -- J17,000__Nov 1 '19.'26 4s '13 J-D
1.750____Dec 1 1923
48 '16 J-D 96,000..June 15 '19-'26 3.908'10 J-Jr 11,000-Nov 1 '19-'40
1.000____Nov 1 1927 4s '15 A-0 22.500-_Apr 1 1925
1.200_ _J'ne 16'20-'23
1 1920
41is'18 M-N160,000c_May 1 '20-'28 41(s'13 J-D
20,000____Anr
Works.
A-0
'15
4s
Water
1,200__Dec 1 '19-'24 45'95&'96A0$152.000 Oct 1 '25 &'26 4s .16 ivi_N 36,600_ _ _ Ditay 1 1021
430'18 M-N 60,000-May 1 '20-'28 410'14 J-D
2
23
92
4s '16 M-S 1,000_Sept 15 '19-23
Bonds and Notes.
4s '17 M-S 56.000-__Apjruyl 119
Sc,hool
Sewer Bonds.
4s '04 M-N$15,000__May 1 '20-'34 410'17 A-0 2,700__Oct 1 '19-'27 43 '04 J4 $30.000_July '20-'23-'24 44s'18 J-J 25,000
'19-'24
1
Apr
'19-'36
ug
1924
1
.Aug
60,000__A
15,000
18,000.
A-0
310'05 F-A
4 s'19
4s '06 A-F
Electric Light Bonds.
ire Department.
40 '08 A-0 9,000__Apr 1 '20-'28 48 '97 J-J $9,000c_July 1 '19-'27 31is'06 31-8 8.000....Sept 1 1925
4s '10 J-D $1,040____Dec 1 1920
Library Bonds.
6.000__June 1 '20-'31
310'09 M-S 10,000.,Mar 1 '20-'29 410'13 J-D
1930
1
1
__June
'20-30
_Mar
6,000____Aug 1 1922
41.000
4s '12 F-A
4s '15 M-8 11,000_
Dec 31 1918- $277,700 48 1910 _
DEBT
TOT.
8.000..June 15 '19-'26 Water debt (incl.)
87.000 TOTAL DEBT Jan 1 1911 $752•138 4(12 M-N 10,500--May 1 1923
4s '16 J-•D
202,000
....
'20-'26
1
(included)
Buildings.
_Apr
debt
120,285
7,000_
Municipal
Water
M-N
41is'18
Borrowing capacity
1920
3,590,610 Sinking funds (Incl. water) 158,903 4s '90 A-0 $450.000
Assess. val. real
Building Bonds.
11.615,210
1,112,242 Assess. val. real
School.
4s '15 M'S 60.000__Mar 1 '20-'35 As.se.ss. val. personal
6
1
921
9
1
.JulyApr
2,255,180
personal
4210050:000000...
val.
0
4
A
J
852
Assess.
4.702
17,000_ _July 1 '19-'35 Total val. 1918
4s '15 J-J
1918..423.00 Total val. 1918
40 '16 J-D 60,000_June 15 '19-'36 Total tax (per $1,000)
5
9
.
3
,
2
0
2
0
7
_4
8
3
:
.
1
1923
4
1918
1
99
9
17,500
'
61
'
51.000)
13
J-D
(per
tax
atNational
Total
payable
coupons
INT.
1923
Emergency Epidemic Bonds.
INTEREST on part of town debt 41is'13 J-J 24,000
Bank, Boston.
1935
48 '16 M-N448,000__Nov 1 '19-'21 Shawmut
at the Boston Safe Deposit & Trust ,ts '15 F-A 27.000
1
Treasurer.
__Nov
1935
of
t
office
N106,250remaindera
Bonds.
M48
'15
Co.:
Equiv.
tal
Departmen
HULL.
48 '16 F-A 90.000-__Feb 1 1936
4s '16 J-D 317,000-June 15 '19-'21
This town is in Plymouth County.
36
936
19
48 '16 M-N 54,000
BOND. DEBT May 7 1919 $164,979 LEXINGTON.
Isolation Hospital Bonds.
This town is in Middlesex County. 45 '16 J-D 13,500
9,921,670
430'18 A-0 $22,000.,Apr 1 '20-'28 Assess. val. real
1937
70,000
M-S
'17
4s
in
1713.
ed
Incorporat
788.427
personal
Assess. val.
School Bonds.
410'17 F-A f81,000c_Aug 1 '19:27
Debt of Town-Jan. 11019.
10,710,097
Total val. 1918
176,000c_Aug 1 '19:37
31is'00 M-N $7,500---May 1 1920 Tax
$10137:050000
rate(per $1,000) 1918_ _ _418.60 Water debt
9.000c-Aug 1 '19-'27
33.8'05 M-S 10,000__Sept 1 '19-'20
410'17 F-A
loan
t
Departmen
Fire
2,290
4s '07 A-0 3,000__Apr 1 '20-'25 Population in 1915
JUNE, 9191
MASSACHUSETTS-CITIES AND TOWNS.
31
LOWELL (Concluded).
Is '12 M-N.45,800r_Nov 1 '19-'32
I19
$5.000
19 Total valuation 1919_ „311.605.319'
Health.
4s
M-N 35,000r_May 1 '20 '32 5s '17 --- 12.000
1920-1922 Tax rate (per $1,000)-1918- _322.50
4348'13 M-N 34.200May 1 1023 4s
M-S 25,600r_Mar 1 '20 '22
4,000
INTEREST is payable at-Boston.
1923-1924
5.000____Dec 1 1936 48
4s '16 J-D
J-J
2,400r_Jan 1 '20-22
3,000
1924-1927
43 '17 M-N 75.000---May1 1936 48 '12 M-N 8,750r_Nov 1 '19-'32 58 '17 --34,000
MARION.
Sidewalk.
4s
M-S 45,000r__ _Mar 1 1920
This town is in Plymouth County.
Fire Department.
43s'17 F-A$161,000
Aug 1937 4s
M-N 64,569r_Nov 1 '19-'21 3 Ms'06
34
_July 2 '19-'22 Inc. 1852. Population 1915, 1.487.
4Ks'19 A-0 160,000
Apr 1939 48 '10 J4 50,300r_ _July
1 1920 3 M'02-'03 — 34.000
School
Loan.
1,600__Jul
Sewer.
y 1 '19-'22
434s'13 ___ 45,000
1919-1923 4s '06 A-0
5,000__July 2 '19-'23 4s '14 A-0 $1,000c_ _Apr 15 1920
4s '10 M-N310.000
May 1920 4s '10 A-0 8,500r.. __Oct
1 1920 4s '17 ___
Sewer Loan
6,000__May 1 '20-'25
48 '11 M-N 15.000
May 1921 4s '13 J-D 16,800r___Dec '19-'23
87,000--Jan 31 '20-'26
8,000_ _Mar 1 '20-'27 3 is'06 s-a
45 '12 A-0 20.000
Apr 1922 48 '14 M-S 13.000r_Sept 1 '17-'29 4s'17__
48 '07 A-0
1.750 _-Apr 29'20-'26
Hospital Bonds,
48 '13 F-A
2.000
Feb 1923 40'13 __- 50,000__Mar 1 1923
Water
Loan
334s'04
44s'13 M-N 25.000
J-D
$5,000__Ju
May 1923
ne
1 '20-'24
Water Loan.
3.000 __July 1 '19-'21 4348'08 J-J 372.000c__Jan 1 '20-'38
4s '13 J-D
5.000
Dec 1923 4s
J-J 350,000r_J & J 1 1920 48 '11 J4
'15 J4 15,000__July 1 '19-'33 BOND. DEBT Jan 1 1919_ $90,000
48 '14 J-J
3,300
Jan 1924 4s
A-0 200.000r_Apr 1 '20-'21 48 '16
2,668,660
-__
7.000c_Oct 15 '19-'25 Assessed val. real
4s '14 MN 40.000
May .1934 48
A-0 25.000r —Oct 1 1921 48 Middlesex
595,770
434s'14
M-N 16.000
s
Court Construction. Assessed val.. personal_ _
Nov 1934 48
34 50,000r_ _Jan 1 1922
Total val. '18 (60% act.).. _3,264,430
4s
'17
___
27.300.._M
40 15 J-J 34.000
Jan 1935 48
ar
1
'20-'25
34 25.000r_ __July 1 1922
Tax rate (per $1,000) 1918-315.60.
Public Parks
48 '15 F-A 17.000
Aug 1935 48
A-0 40.000r_ __Apr 1 1923
INT. on water loan payable at Old
'94 J4 880.000 — July 3 1944
48 '16 M-S 36.000
Mar 1936 48
J4 215.000r_July 1 '25-'26 4s
Colony Trust Co., Boston; on sewer
4s '17 F-A 57.000
Feb 1037 43
A-0 10.000r_ __Oct 1 1928 48 '99 J4 20.000_July 3 '45&'47 loan at Wareham
Say. Bank; on
J-J 20.000 — —July 3 1924
4 Ms'18 —_ 25,000
Sept 1943 45
J-J 75.000r_July 1 '27-'29 43
J-.1
12.000.._ _-July 1 1926 school loan at Nat. Bk. of Wareham.
4 s'18 M-N 6,000
Nov 1024 48
34 25.000r_ __Jan 1 1930 334s'01
Is
'04
J4
18,000
4 s'19 A-0 5,000
--July
Apr 1944 48
3 1929
A-0 25.000r_ __Oct 1 1930
OUGH.
430'19 J-D 25,000c_June 1 '20-'44 3 'is
J4 25,000r ..July 1 1931 48 '07 J-D 25.000-- --Dec 2 1932 MARLBOR
This clty is in Middlesex Co. Inc..
4s '09 II-N 10,000.... __Nov 1 1934
Streets and Highways.
334e
34 75.000r_ __Jan 1 1932 4s
'11
J-J
5,000____July 1 1936 May 23 1890. Ponula.'15. 15.250.
3Ms'09 J-D 312.000
June 1919 3348
A-0 325.000r- --Apr 1 1932 4s '14
Sewer Bonds
A-0 2.000__Apr 1 '20-'21
43 '09 M-S MOO
Sept 1919 48 '11 J-D 129,840r_June
4s '15 J-J
7.000.July 15 '19-'24 4s '04 J-J $12,000c_ —July 1 1929
48 '11 J-D 35,550
June 1921 4tis'13M-S 1105,000...Sept. 11 '20-'41
'19-'33
M-N 13,000c_ —Nov 1 1933
'16 -__ ' 2.000c_July 1 '19-'20 45
4s '11 J-D
2,040
Dec 1921
60.000_Sent 1 '34-43 4s Water
48 '10 J4 34,000c_July 1 '19-'35
4 Ms'13 J4 18,500
ion.
July 1923 48 '14 M-N
67,209r_Nov 1'19-23 4s '99 J-JConstruct
Is
'11
F-A
8.000c_Aug 1 '19-'26
836.000-__July
43,0.19 J-D 27,000c_June 1 '20-'28
1 1919
260,000r_Nov 1 '24-'33
pr 1 '20-'36
Water.
48 '14 -- 197,500r_Nov '19-'43 3 34s'00 J4 15.000._ ...July 2 1920 4s '16 A-0 149,000c_A
1 1.000c___Apr 1 1937
J-J 50.000 _ -July 1'22&'23
43 '90 M-N 1,000,000
3348
Nov 1920 48 '15 --- 81.000r__July11'19-'45
Street Notes.
3 34s'04 J4 23.000 __ _July 1 1924
48 '10 J-D $12,000
Dec 1920
Street Improvement.
434s'13
J-D
$6,000c_Ju
34s'05 J-J
ne 2'19-'23
25.000... __July 1 1925
1 .375
St
Sept 1932 Is
A-0'3125,000r_ _-Apr 1 1920 3
Paving Bonds.
_ — 12.000 -- _ -Sept 1 1931
4s '12 M-S {
Sept 1932 43
A-0 •25.000r_ __Oct 1 1921 48 'IL
48 '15 J4 134.000c_Aug 2 '19-'35
Sewerage.
18,375
Sept 1932 334805 A-0.125.000r_ __Apr 1
1935
48
'15
34
10,000c_July 1 '19-'23
48 '92 M-N 550.000 —....May 2 1922
00'13 F-A 56,250
Aug 1933 Is
J-D 13.000r- --Dec
1926 4s '93 M-N 100.000 __
1.000c___July 1 1924
....May 2 1923
4s '14 F-A 13,000
Aug 1944 45 '09 M-S 20.000r.. _-Sept 1
1 1919
g 1 '19-'25
4s '15 A-0 189.000
Apr 1935 4s
J-D 25,000r.._ _June 1 1920 48 '94 Al-N 200.000 _- _-May 2 1924 48 '16 F-A 35,000c_Au
3,000c___Aug 1 1926
4s '15 A-0 2,000
Apr 1920 48 '14 F-A 23.000r_Feb I '20-'24 48 '95 M-N 150.000-.--May 2 1925
Bonds
4s '16 M-N 33,000
May 1921 48 '14 M-S 51.000r_Mar 1 '20-'24 4s '96 M-N 100,000-_ __May 2 1926 4s WaterM-S
$30,000c...Sept 1 1921
M-N 30.000.-May 2 '33-'35
4Ms'19 A-0 30,000
Apr 1924 4.'15 M-S 62,100—Mar 1 '20-'45 334s
Is
F-A 150.000c_ __Aug 1 1922
Hospital Bonds.
4s '16 A-0 2.000r_Apr 1 '29-'21 48 '08 .14 20,000.._ __July 1 1938 48
M-S
70,000c_ _Sept 1 1924
3
34s'09
A-0
20.000-44s'17 J-J $95.000c-July 1 '19-'37 4s
--Apr
1
1939
M-NJ 6,000r_Nov 1 '19-21 48 '09
34 50.000c ....July 1 1926
30,000... __July 1 1939 48
4Ms'17 M-N 6.000c_Nov I '19-'21
1 5.000r_Nov 1 '22-'26 4s '10 .14
M-N 20,000c_ __May 1 1930
M-I4 35.000 __June 1 194() 48
4 Ms'17 M-N 14,000c_Nov 1 '19-'32 4s '17 A-0 108.000
1919-1927 4s '12 J4 20.000—_July I 1942
J-D
2.350
4Ms'19 J-D 26,000c_June 1 '20-'32 434817 _-_ $12.800
1919-1922 48 '13 A-0 40.000____Apr 1 1943 48 City Hall Bonds
Memorial Bonds.
City-Hall Repair.
48 '05 J-J $19.0000_July 1 '20-'24
4s
'16
___
126,000c
4),(4s'19 __- $140,000
_-__1919-1
1920-1939 3 Ms
931
F-A $6,000r ..Aug 1 1919
34
3.000oan
_J
1 '20-'22
Miscellaneous.
115,000c ____1932-1946
45 '17 _-_ 120.800
1919-1927 is '14 ___
35
8,000__Sept 1 '19-'26 48 School Bonds.
4s '10 J-D $4.000_Dec 1 1920
City
4s'15 J4 $34,000_ _Aug 2 '19-'02
4s'15
-__
13,200—__July 1 1921 4 hs'13 Home.
26,000__Fe
45 '11 J-J
b
15
'20-'45
___ $2,500__Nov 1919-'23 4s '17-- 28,000_ _Mar 1 '20-'37 City notes and trust fund_ A l .s.,6.
4s '12 J4 99,200.___Dec 1 1922
Sewer Loan.
Police & Fire Station L., ins
Debt Dec. 31 1917—
600__July 1 1923 48
44s'13 J4
A-0.$100,000r_Apr 11027
448'13 J-J
1,750— julY 1 1923 48
$1,998.700 48 '08 It-N 826.000.- May I 1927
J-D 11,000c. __Dec 11028 Total debt
fund, &c. (sewer.) 449,583 TOTAL DEBT May 1916 $682,866
6,000____Dec 1 1924 3348
4s '14 J-D
J-D 10,000r_ __June 1 1939 Sinking
sinking fund
33.363
4s '18 M-N 15,000
-Nov 1919 334s
1,343,235 Sewer
M-S 30,000r__Mar 1 1939 Net debt __
Water sinking fund
debt (included) _
Gross debt Dec 31 li----$5,461,875 3s
202,291
161.000 Assessed
M-8 37.000r___Mar 1 1940 Water
val.. real
Water sinking fund (incl.)
38,801.698
Net debt
2.864,220 48 17 A-0 38,200
141.090
1919-1947 Assessed val., real
Sinking funds;city
687,261
34.964.000 Assessed val.. personal_-__ 2.901,648
Municipal Deficiency Loan.
Water debt (Incl.)
1,432,750 4s
--x$5.714.420 Total valuation 1918 __11,703,346
J-D $13.000r.... _Dec 1 1920 Assessed val., personal.
Total valuation 1918_ _ _40,678,420 Tax rate (per $1,000) 1918---$24.20
Water sinking fund (addl) 910,395
Municipal
Bldg. St Drainage.
INT.on bonds of 1915 and 1916 at
Borrowing capacity
rate (per $1,000) 1-91-8_ _324.40
701,289 48
M-N$18.000r_Nov 1 '20-35 Tax
Assess. val. real
1910. 44,404; 1915, 48,907 Merchants' Nat. Bk., Boston; others
74,178,400
500r_ .Nov 1 1936 Pop'n.
at Winthrop Nat. Bank, Boston.
Assess. val. personal
INT.
at
First
24,598,450
Nat.
Bank,
Boston.
Public
Assess. val.'18 (abt. act.)-98,774,850 4s '17 ___Health.
34,800
1919-1922 MANCHESTER.
Tax rate (per $1,000) 1918....S2.80
MEDFORD. —
School-Drainage,
Population '10. 106.294;'19. 120,000 434s'17
This town is in Essex County
This city is in Middlesex County.
$4,000
1919-1922 Inc. 1645. Population
INT. at First Nat. Bank. Boston. 434s'17 __
1915, 2.945. Inc. May 31 1892 Pop'n'15,30.021.
__ 14.500
1919-1933
Sewer Loan.
Notes Outstanding Dec.31'16—
'Loans marked (8) are authorized
LYNN.
s-a 1380,000
Amount. Due.
1919-1928 Due.
by special
Amount.
of Legislature in ex- 48
This city is in Essex County. Inc. cess of theActs
1105,000
$40,900 1923
1929-1943 191
$11.300
city's
legal
debt
limit.
April 10 1850. Commission governWater Bonds.
1918
53,339 1924
1.300
TOTAL DEBT,&C.—Jan. 1 1918 4s '08 M-S $98.000c
ment adopted Oct. 111910.
1919
50.800
1919-1934
1925
None
Munic.
loans(insid
e
limit)
Brown Tail Moth Extermin.
$2,151,200
4.000c
1920
30,900
1935
1926
15.000
A-0 $5,000r—Apr 1 1920 Special loans (outside limit)1,048,800 BOND.DEBT Apr 15 1919 $295,000 1921
45
10,000 1927
7.000
F-A ' 5,000r___Feb 1 1020 Water loans (outside limit) 2,034,500 Assessed val., real estate_ 9.717.505 1922
4s
21,600 1928
12.000
Total loans (excepting temAssessed val., personal__ _ 1.454,144
Fire and Police Bonds.
Total
porary tax loans)
$254.139
5,234,500 Total valuation 1918____11,171,649
4s '14 J-D3150.000r_June 1 '20-'34
War Loan Bonds.
Sinking funds—
Tax rate (per 51.000) 1918_ -410.00 434s'17
Bldg. and Equip. Bonds.
J-D $5,400c_June 1 '20-'27
For municipal loans..
INT. at Old Colony Tr. Co., Bos.
48 '14 J-J $11.200r_Ju1y 1 '19-'34
$341.944
Play-Grou
nd
Bonds
For special loans
Municipal Loans. '
317,488
48 '03 111-N $9.000c_ —May 1 1932
For water loans
4s '12 M-N$52,080r_Nov 1 '19-'32
843,412 MANSFIELD.
This town is in Bristol County. 4s '12 F-A 121,000c-Aug 1 '19-'32
4qs'13 F-A 59,500__Aug 1 '19-'32 Total sinking funds__ _,
1.502,843
Aug 1 '33-'42
4 3'13 M-S 40,000__Mar 1 '20-'23 Balance net funded debt
3,731,657 Inc. 1775. Population 1915, 5,772. 4s '14 M-N 110.000c..
10,000c.May 15 '20-24
General Debt Bonds.
4 s'13 M-N 2,500__Nov 1 '19-'23 Pop'0. 1910, 89,336; 1915, 95,803
4s '15 ___
400_•_July 1 '19-'20
INT.coupons at Bank of Republic, 4s
J-D $40.000
4s '13 J-D *26,800r_ Dec 1 '19-'33
June 1922
Public-Building Bonds
School Bonds.
45s'19 M-S 135,000-..Mar 1 '20-'24 Boston, or at City Treasurer's office;
4s '16 J-J $180.000c-Jan 3 '19-'36
43 '11 J4 826.000
4Ms'19 M-S 40,000Mar 1 '20-'29 other Interest by Treasurer only.
1919-1931
Department 6c Equip. Bonds.
'11
43s'19 M-S 150,000__Mar 1 '20-'29
4s
M-S
3.000c_Sep
t
ASSESSED VALUATION.
1
'19-'21
448'17 J-J
$6,800c_July 1 '19-'22
_ '15
___ 12,000
180,000-..Mar 1 '30-'49
1919-1930 434s'18 __- 15,000_ _June
1917.
1918.
1 '19-'33
Lighting Bonds.
Charles River Basin Loan.
Real estate_.377,246,155$81,169,340
Water-Works Bonds
4s '11 M-8 $15.600c_Sept 1 '1934 4s '94
a '11 M-N3S4,500r __1919-1921
(Assessed at cash value.)
J-J
311,250c_J
an
1
J-D
7,000_ June 1 1935 48 '94 A-0 25.000c--Oct '20-22
St. & Mun. Bldg. Bonds.
Personal _
14,543,215 17,109,767 48
1 1919
45
A-0 43.000.A&O 1 '33&'34 48 '94
4s '16 A-01 362,000r_Apr 1 '20-'25 Total
J-D 25.000o. —Dec 1 1922
48
1 11.500r—Apr 1 1926 Tax (per M) 91,780,370 98,279,107
A-0
17.000__Apr 1 '20-'37 _s
__- 30,000__July 1 '20-'21
21.80 BOND. DEBT
Street Paving.
Apr 1918 3169,500 43 '97 J4
26.000o_
__July 1 1923
Sinking funds
4s '14 _-- 60,000__Mar 1919-24 MALDEN.
57.004
Sidewalk Bonds
Assessed val.. real
Park Loans.
3,991,530 4
4s
s :11
15 F-A
This city is in Middlesex County. Assessed
___ 31,000c___Aug 1 1919
val.,
personal_
A-0 $6,000r......Oct 1 1919 Inc.
48
_
_
1,329.105
March 311881.
800__Oct 1 '19-'20
Total valuation 1918
A-0 20,000r_ _Apr 1 1920
4s
5,320,635 _s
___
2.000__ _ _Sept 1 1919
School House Loans.
Tax rate (per $1,000) 1918 _—$22.00 48
A-0. 5,000r —Oct 1 1920 34005
48
'16 J-D
9,000c_Sept 1 '19-'21
F-A 314.000 —Aug 1 '19-'25
/NT. at First Nat. Bank. Boston 434s'18
5,000r —June 1 1920 48 '06 34
4s '10 J-D
___ 20,000c_Jtme 1 '10-'23
91,424—July 2'19-'26
School-House Loans.
Sewer Bonds •
'08 J-J
6,600 —July ,1 '19-'28 MANSFIE
M-N*S26.000r_ —Nov 1 1927 48
WATER SUPPLY D.
48
4s '06 34 32.000--July 2 '19-'26 48 '95 __LD$25,000
F-A 15,000r_ _-Aug 1 1928 4s
48
1925
48
'94 34
.
10,000c
V
'14 __
se—ti lig48
4,000__June 1 '20-'23 43 '03 -__ 10,000
M-8 *49,500c_Mar I '20-'28 4s '17
4s
1933 4s '94 A-0 10.000c. __Oct i
___
4,000__Mar '20-'23 4s '12 ___
1 1924
5,000_ Due $1,000 yly 43 '95 F
413 '09 113-S 16,000r_ __Sept 1 1929 4s
-A 100,000e_Aug 1 '19-'23
'06 ___ 80,000___July '19-'26 4s
'14 J-J 57,750c_July 1 '19-'39 4s
3 Ms
M-N 35,000r_ --May 1 1929 4s '06
'96 I-3 20.000c.. _July 1 1925
-__
12,000_
__July
'19-'26
48
'15
-A
F
18.000r__
A-0
26.000c-Au
Oct 1 1929
48
g 1 '19-'45 4s
J-J 41,000c_ __July 1 1926
Police-Station Loans.
4.4 '16 M-S 12.000_1919-1931 43 '96
M-S .50,000r Mch 1'20-'29
3345
'09 M-N 5,000o_ May 1 1939
'06 J-J 316,000 July 2'19-'26 BOND.
DEBT Apr 1 19-19_ $142,000 43 '09 M-S
334s
M-N 523400r May 1 '20-'29 4s Sidewalk
5.000c_
1 1939
Bonds.
Value
-A
of
F
taxable
44,000r_Fe
'10
property.._4.716,680 Is '10 M-S 15,0000_ _..Sept
b 1 '19-'30
43
'16 __ $4,000c_July 1 '20-'21 Population in 1917
_..Sept 1 1940
9,000r_ .-June 1 1920 48 '15
(est.)
4s '10 J-J
5,500 4s '11 M-S
5,000c- __Sept 1 1941
___
2,000....May 1 1920
INT.
First
at
7,000__Nov 1919-32 45
Nat.
48 '12 --Bank,
Boston.
48
___
7,000__Feb 1 '20-'33
__ 10,500___Mar '20-'22
A-0 1.000r---Oct 1 1920 48 '17
4s
4s '13 M-N 12.500__Nov 1 '19-'43
'11
3,000__ _July '19-'21 MARBLEHEAD.
4s '11 J-D 837,500r ---1918-1921 48 '12
_s
___
c 1 '19-'44
___
4,000_ _ _July '19-'22
This town is in Essex County. 4%s'18 __- 13.000__De
48 '13 F-A 11,374r_Feb 1 '20-'33 48Drainage
9,000_ June 1 '19-'36
Bonds.
Inc. 1649. Population 1915. 7,606.
430'13 A-0 42,000Apr 1 '20-'33
Highway Departmental Equip.
Ms'02 J-J $15.000 __July 1 1932
Street
Bonds.
4s '14 A-Q J11.000r..Apr 1 '20-'30 3
43
'16
A-0 31,800c_-__Oct 3 1919
1 2,000r-Apr 1 '31-'34 330'04 J-J 20,000— --July 1 1934 4s '11 M-N 85.000c_ _ _.May 1 1920
School-House Bonds
10,000— _July 1 1938
Electric
4s '14 F-A 22,500_Feb 1 '20-'34 48 '08 34
Bonds.
4s '03 M-N $45,000c......May 1 1922
A-0 20,000Apr 1 1939 48 '94 J4-Light
434s'14 A-0 122,000_0ct 1 '19-'34 334s'09
150.000c_
_July
1
1924
48 '10 M-N
500 _June 1 1920 48 g '09 M-N 12,000c_Nov 1 '19-'24 48 '07 M-N 14,000c.,....May 1 1927
4s '15 -- 14.000__July 1 '19-'25 45
43 '08 F-A 95,000c_ _Aug 1 1928
'11 34 24,000____July 1 1941
Water Bonds.
4s '15 M-S 104,000_Mar 1 '20-'45 4s
48 '11 M-S 44.000c..Sept 1 '19-29
'12 J-.7 10,000...July 1 1942 4s '90
48 '16 M-8 80,000r_ Mar 1 '20-'35 48
34 $8.000c_July '19-'20
6.000eSept 1 '30-'81
'14
A-0
15,000__Ap
r
1
'20-'34
330'09
4s '16 --- 191.000
5,000—May 1 '20-'24' _a '12 --9,000__Sept 1 '19-'27
'15 M-N 11.000_May 15 '20-'30 4s '10 M-N
4s '17 --- 90.000r-Mar 1 '20-'37 48Street
M-N 15,000c_May 1 '20-'29
500____Sept 1 1928
Loans.
Drainage Bonds.
'92
4s
J-D
3,000c
__....1919-1921
12.000__Ju
ly 1 '19-'26
45 '11. M-N$29,500__Nov 1932-'41 48 '11 J4 $3.900--July 1 '10-'21 4s '95 J-J
___1919-1921 48 '12 34 170.000c_Jan
'12 J-J
1 '20-'33
4,000__July 1 '19-'22 43 '11 M-N 15,000o
4s
M-S 30,000c—Mch 1 1938 48
2.000°a:fa
y
1
'20-'21
185,125c__July 1 '19-'32
48 '13 A-0 32,000„Apr 1 '20-'23 4s '12 M-N •12.000c_M
M-N 30,618r-Nov 1 '19-'42 48
48
ay 1 '20-'22 411 '14 3-3 18,550c Jan 1 '20-'34
'14 A-0 25.000....Apr 1 '20-'24 48 16 J-D
40
M-8 27,600r-Mar 1 '20-42 4s'14
3,000c_Jun
'20-'21
e
1
4s
'15
J-D
J21,000c_J
une 1 '19-'25
6,000—Dec 1 '19-'24
School House Bonds.
01613 M-S 26,200__Mar 1 '20-'43 4s '15 _
une 1 '26-'35
48 '14 M-S 25,000r_Mar 1 '20'-44 48 '14 .-__ 12,756_ _May 1 '20-,'25 3 Ms'03 J-D $10,000c_ _-_1919-1923 4s '15 -__ 116,000c_J
1,750__Sept 1 '19-'25
-- 18,000__July 1 '19-'24 48 '06 J-D 14.000c_June 1 '20-'26
48 '15 M-S 12,600—Mar 1 '20-'45 48
4s
'151,0
00__July 1 '19-'20
'15 ___
6,000—May 1 '20-'25 48 '12 J-D 56.000
4s '16 A-0 1 12.300r_Apr 1 '20-'24 48 '15
4s '16 1.7-6 156,100_0ct 2 '19-'35
___ 35,000...May 1 '20-'26 4s '13 J-D 28,000c..June1919-1932
20.000r_Apr 1 '25-'46 4s '16 ___
1 '20-33
2.300____Oct 2 1936
16,000___July 1'19-'26 48 '16 J-D 1
4%8'17 F-A
,4.000c_June 1 '20-'26 43 '16 M-S 10,500c_M
4,000r__Aug 11919
ar 15 '20-26
Municipal
Loan.
c_J
5.000cune 1 '27-'31
54,000r-Aug 1 '20-'37 48 '17 ___ $108,000
10,000c_M
ar 15 '27-36
BOND. DEBT Apr 1 1919 $281,000 00'17 J-D
Pubic Improvements.
5,000c_June 1 '20-'29
12,000
1919-1922 Water debt (included)
48
M-N*342,500r May 1 1928 58 17
73.000 4s '16 A-0 1,500c_Oct 2 '19-'21
-4,000
1923-1924 Assessed val., real
4s '11 --- 81,200Nov 1919-'21
10,439,650 43 '16 A-0 1,500c_Oct 10
%.9-'21
I. 3,000
1925-1927 Assessed val., personal
1,165,669 434s'18 __- 40,000_0ct 1 '19-'38
32
MASSACHUSETTS-CITIES AND TOWNS.
[VoL. 108.
Cemetery Bonds.
Water Bonds
$5.000r_Apr 1 '20-'24
Sewer Loan
MEDFORD (Concluded)F-A1140,0000-Aug 1 '19-'32 4s '14 A-0
J-J $25,000 __July 1 1932 3363
3348
611 Bonds.
Fu
Trust
0
$400,00
20j19
Apr
Park Bonds
DEBT
1920 BOND.
-------4,400
J-J
77,000rMar 1 '20-'29
43
1930
1
M'14
&r_Feb
4s
F-A $2,000c
4s
Assessed valuation, real...15.948,420
Highway Bonds.
ds
Bridge
2,122.495
J-J 120,000c&r.July 1 1932
4s
c_Aug 1 '19-'21 Assessed val'n,npersonal....
$12,000
F-A
7.000r--Jan 1 1957
456s'17
J-J
1932
1
$
'07
_-Nov
48
915
27,000r_
M-N
_18,070,
4s '02
Total valuatio .1918___
__Oct 1 1919
School Bonds
1918_ --$10.60 4s '10 A-0 f 2,000r__
Street and Drainage Bonds.
,0000_Aug 1 '19-'25 Tax rate (per 51.0001
121.000r--Oct'20-'40
9.129
1917,
8.600;
on
430'17 J-J 318,000c_July 1 '19-'22 4s '10 F-Af$28
1915.
Populati
_Aug 1 '26-'30
1 '20-'34
15,000c
_Mar
1
15,000r
M-S
'15
Old
4s
Bonds.
at
Street-Impt.
INT.on school 336s of 1909
M-S 15.000c_Sept 1 '19-34
9.000r_Aug 1 '19-'27
48 '15 __- 51,200.__..June 1 1920 4s '16 M-S
Co., Boston; other 48 '15 F-A
28,000c_Sept 1 '19-'32 Colony TrustNat.
3,200__Nov 1 '19-'20 430'17
Boston.
Bk.,
Bonds
4s '15 __
hool
First
at
loans
High-Sc
School-House Notes
10,200__July 1 '19-'24
_s
336g'05 J-J *100,000r_ ....July 1 1925
.1921
J-D 55,000
5,600.._Aug 3 '19-'26 354$
55,000r_ ...Jan '20-'30
N.
4$ '16 F-A
3368'10 J-J
3,500 _ ....Jan 1 1925 MONSOtown
J-J
48
1
'19-'25
ept
County.
n
7,000__S
f
in
Hampde
M-S
is
'16
This
4s
4s '11 J-J 60,000r.Jan 1 '20-'31
5,000-- -Mch 1 1925
M-S
1926 48
July 1 '19-'31
1 600... ..Sept1
65,000r_
Bonds.
orks
J-J
'11
Water-W
48
'22
&
'21
_Jan
13,000__
J-J
M-S $15,0000
4s '16 M-S 20,300c_Mar 1 '20-'26 48
48 '12 J-J 65.000r_Jan 1 '20-'32
1919-1931 4s
28,600
--4368'13
'19-'26
1
ug
June 1 '20-'32
1.)
8,000c-A
32,000r_
on
Sept.
430'17 F-A
($3,000 yearly
4s '12 J-D
4s '14 J-J 26,000--July 1 '19-'31
Drainage Bonds.
School-House Notes,
Sewer Bonds
Fire Dept. Bonds.
$500_ _ _July 1 1922
J-D
45 '12 --$18.000c
_May 1 '19-'35 45
43 '95 A-0 $58,000r-Apr 1 1925
14,400__July 1 '19-'27 5s '18 M-N 38,500_
_s
($2.000 yearly on June 1.)
4s g '97 M-S 69,000r_ __Mch 1 1927
'18 M-N 2,500__May 1 '19-'23 BOND.
$33,000
1
1918..
Jan
DEBT
4s '16 SI-S 9,500c_Mar 1 '20-'38 5s
35,000r......Feb 1 1928
TOT.BD.DT.June! 1918 492,400 Note debt (additional)____
18,000 336g'98 F-A
Fire Department Bonds.
240,500
-A 33,000r.....Feb 1 1929
(incl.)
debt
Water
'19-32
1
38,000 334g'99 F
1
1918.Jan
48$8,400__July
DEBT
TOTAL
-Mch 1 1932
9,311
30,000r_
M-S
neral
501,055 336g'02
430'17 A-0 32,000c_Apr 1 '20-'35 Sinking fundsGe
1933
106,201 Assessed valuation, real__1,670,840
Water
4s g '03 J-D 30,000r--Deo 1 1935
Stable Bonds
Assessed val'n, personal___
--July 1
249,811
62,000r1918
J-J
June
1
'05
g
DEBT
4s
NET
1
1924
5
2,171,89
n
1918
4s '04 J-D $15,000o. June
valuatio
Total
'19-'37
1
r_Oct
80
152,000
10,204,0
A-0
Assess, val. real
60 4s g '07
Municipal Loan Bonds
Dec 1 '19-'46
3,586,884 Total tax rate(per $1,000)'18-521.
val. personal
5.004 4s '10 J-D 40,000-on in 1915
48 '13 J-D $25,000e-Dec 1 '19-'23 Assess.
83.000__June 1 '19-'47
Total assess. val. 1918.__..13.790,964 Populati
National 4368'10 J-D
Monson
at
43,68'14 ___ 48,000
payable
INT.
1 '20-41
r_May
-325.00
_
_
110,000
1918
M-N
48 '11
2,700___ _July 1 1919 Total tax (per $1,000)
_s
Bank, Monson.
4s '11 J-D 112,000r-Deo 1 '19-'21
1,400_0ct 1 '19-'20
INT. on bonds at First Nat.Bank.
4s '15 _ _
1 '22-'41
Deo
_
60,000roffice.
Paying Bonds.
Bos.; on notes at City Treas.
NANTUCKET.
4s '12 J-D 96,500r_June 1 '20-'42
4 s'1832,000
A town in Nantucket County.
76.000r_Sept I '19-'42
M-S
'12
48
the
111918
by
c.
TOTAL DEBTDe
First incorporated in 1671
4s '12 J-D 115,000-Jwae 11'20-'42
$1,910,400 MIDDLEB°BOTTOM.
Inside limit
'20-43
Province of New York under name of
'13 M-S 75,000r_Mar
187.793
Sinking funds
This town is in Plymouth County. Sherburn; on June 22 1695 was in- 43
4348'13 M-S 125,000r_Sept 1 '19-'43
984,500
8,631.
Massaof
ed by Province
Outside limit
Inc. In 1669. Pop. 1915,
corporat
'19-'23
1
_July
f20,000c
J-J
'13
4s
383,250
Sinking funds
chusetts as town of Nantucket.
Light Bonds
130,000c_July 1 '24-'33
32,205,550 48 '93 M-N 514,0000...Nov 1 '19-'23
Assessed val., real
Sewer Bonds.
4363'13 J-J 30,000c_July 1 '34-'43
2,291,900 4s '06 F-A 5 15,000cNov 1'24-26-27 4s
Assessed val.. personal
M-S $2,000r
_June 1 '20-'23
f35,200c
J-D
'13
34,497,450
1 5,000c--Nov 1 1925 5s
Total valuation 1918
M-S 9,000r_Sept 1 '19-'24 4s
160,000c..June 1 '24-33
Tax rate (per 51,000) 1918-$22,60
General Bonds.
School Loan
June I '34-'43
60,000c_
-D
J
4548'13
'19-'26 4s
F-A 38,000r_Aug 1 '19-'22 4s '14 A-0 130,000r..Apr 1' 20-'34
INT. at Shawmut Nat. Bk.. Bost. 4s '06 M-N $13,200-Nov 1$53,200
F-A 10.000r_Aug 1 '19-'23
Permanent debt Jan 1 1919
4348
10,000r_Apr 1 '35-'44
30,000
Temporary loans
School Bonds.
32,000r_July 1 '19-'34
4,151,345 4s
15'19-'26 4s '14 .T-J 100,000r
MELROSE.
Assessed valuation, real
J-J 38.000r_July'
_July 1 '35-'44
882,645
This city is in Middlesex County. Assessed val'n, personal
Health Emergency Notes.
c_Dec 1 '19-'24
f24,000
-D
J
4s
'14
1900.
1
80
Jan
$2,000...-.July 1 1919
Inc. a town 1850: city
Total valuation 1918- - -5,033,7
451s'18
1 '19-'44
c_Dec
152,000
$37,000
Auditorium Bonds.
Tax rate (per 51.000)1918- -$20.00 .f.soN u. DEBT Apr 1 '19
100,000r_Mar I. '20-'45
30,000 4s '15 M-8
48 '11 J-J 326.000c_July 1 '19-31
Mar 1 '20-'45
26,000rST on light bonds payable Floating debt real
M-S
INTERE
'15
43
estate_4.717,020 48 '15 A-Of 6,000r__Oct 1 '19-'20
Park Bonds.
Boston; on railroad loan in Salem; Assessed value, n. pers'I
787,925
43,6s'11M-N $3,000c_Nov 1 '19-21 In
Assessed valuatio
Middleborough.
1 50,000r__Oct 1 '21-'45
3,000-Dec 1 '19-'21 on other loans In
Total val.'18(actual)--- 5,504,945 4s '16 M-S 135.000r_Mar 1 '20-'46
4s '12 J-D
$1,000) '18.... _316.00 4s '16 __- 44,000-Apr 1 '20-'46
(per
rate
Tax
Refunding.
1919-1929 MIDDLESEX COUNTY.
3,166.
(est.).
'18
_- $22,000
3,166;
4s
'15,
Pop.
4s '17 A-0 46.000r_Apr 1 '20-'47
County seat is Cambridge. inINT. Is payable in Boston.
School-House Bonds.
1919-1946
4.s '16 F-A 41,000
3Y6s'09 M-S $78,000c_.._Mar 1 1929 corporated 1643. Pop'n '15,733,624. NATICK.
45 '17 __ f44.000_._Jan 1 :20-'36
limit).
of
County.
x
Notes
(Outside
in
Middlese
is
Sewer,
This town
1 '37-'47
.__Jan
111,000.
'19-22
1
__Dec
1924
$20,000
1
4s '13 J-D
4s '94 ..-.11D 3100,000c&rJune
Feb. 19 1781. Pop'n '15, 11,119. 4348'17 F-A 29,000__Aug 1 '19-'47
6,000__Dec 1 '19-'24 Inc.
4s '95 J-D 100,000c&rJune 1 1925 is '14 J-D
High School (Int. at Treas. office). 434$'17 J-D 115,000_ June!_
'20-'47
1926
1
Bonds
g
.July
1
'19-'32
Buildin
50.000c4s '96 J-J
4s '12 J-J $77.000_Juiy
M-N 103,000W..Nov 1 '19-'48
,
J-D $50,000c Deo 1 '19-'21
4s '05 J-J 10.000c...._July 1 1935 4s
Sewer Notes (Int. at Treas. office). 436818
Bonds
Wharf
1
1927-194
.....
Bonds
571.665
ouse
J-J
4s '07 J-D 10.000c_ _June 1 1937
43
Court-H
g '97 M-N $52,000r.. __May 1 1927
19-'32
10,000c_ _July 1 1937 45
J-D 5140,000c
4s '07 J-J
Water Notes(Int. at Treas. office). 48
'11 A-0 4,000r --Apr 1 '20-'21
16,000c-----1919-26 43
48 '08 J-D 10.000c.._.June 1 1938 -s
J-D
J-J 541.600--1920-1938 48 Park
Bonds
office).
Treas.
at
3363'09 J-D 10.000c_ -June 1 1939 BOND. DEBT Jan 1 '19 $206,000
(Int.
Sewer
'92 A-05100.000r_ __Apr 1 1942
43
1
1940
...Apr
6
26.000
4s '10 A-0 10,000o..
J-J 5150,000 July 1 -'20-25- 334g'01
Note debt (additional)45
28,000r_ __July 1 1951
J-J 25,000_ -July 15 1926 48 '07 J-J
43 '11 M-N 10,000c_M&N 1 1941 Assessed valuation, real_674,660,895 43
J-J 72,000r_..Jan 1 1957
48 '12 J-J 10.000c___July 1 1942 Assessed val'n, personal 125,328,793
Water (Int. at Treas. office).
25.000r_Apr 1 '20-44
A-0
'14
4s
'19-'33
1
ept
4s '13 M-S 7,5000_S
A-0 580.000_ __Oct 1 '19-'29
Total valuation 1918____799,989,688 3363
m Bonds.
15.000.._Jan 1 '30&'31 4s Macada
J-J
4s '14 M-N 9,000cMay 1 1934
-Oct 1 1919
at Beacon Tr. Co.. Boston. 4s
$2,000r
A-0
INT.
'14
Limit).
of
(Inside
Sewer
Debt April 1 1919.
4s '15 M-S 20,000r____Mar 1 1919
...
.....5136,600
4s '15 M-N 8.030c_May 1 '19-'35
Water debt.
June 1 '20-'21
20,000r_
4s '16 ---_
MILFORD.
16,955
F-A 10,000
-s
Sinking fund .._ _
'17 A-0 30,000r_Apr 1 '20-'22
This town is in Worcester County.
Sidewalk Notes.
Net water debt-- .....3119,645 4s
1 1919
-July
10,000
J-J
'17
4$
13,684.
'15,
'19-'22
1
on
Inc. 1780. Populati
__5246,665
43 '17 A-0 $8,000_ _Apr
Sewer debt_
41s'17 F-A 20,000--Aug 1 '19-'22
63,286
Surface Drain. (Outside of limit).
Sinking fund
1 '19-'22
-Sept
Bonds
Sewer
20,000
M-S
s'17
43
1932
15
-July
o
183,379
ts '02 J-J 5100,000
Net sewer debt ......
1919-1936
Nov 1 '19-'22
4s '06 A-03126.000
71.941 4, s'17 M-N 4,000__
43 '09 M-N 5,000c_ __Nov 1 1919 4s '08 M-N 30,000c_Nov 1 '19-'33 Net general debt
_Nov 1 '19-23
77.000 5s'18- 40,000_
5,0000_ -July 1 1920
43'10 J-J
Oct 1 '19-'26 High-school debt
16,000c_
Bonds
A-0
Bldg
'11
43
Public
School
1923
1
__Sept
48 '13 M-S 10,000__
M-N115,000_May 1 '20-'24
J-D $200,000r_ -June 1 1920
4s '13 M-N 7.000c_May 1 '20-'34 5s '19
Total net debt of town_.._5451,965 334g'99
110,000_May 1 '25-'29
65,000r_ __Mch 1 1922
M-S
336g'02
'20-'35
1
Apr
.050
7,500c_
,524
n.
real__37
A-0
4s '15
Assessed valuatio
F-A 120,000r. _ - Feb 1 1923
School Notes
3,500__Nov 1 '19-'25
val. (abt, 80% act) 1,045,425 336g'03
48 '15 _-Dec 1 1923
M-N 35,000-_Nov. 1 1919 Assess.
8,569.475 4s g '03 J-D 50,000r_
4s '16 J-D 12,0000-June 1 '20-'31 334$
Total valuation 1918
J-D 14,000r._ Dec 1 '19-'25
1
'05
'19-'26
g
ept
4s
1
8,000__S
'20-'37
M-S
Apr
48
4,000c_
$29.20
(per $1,000) 1918_...
4s '17 A-0
tax
Total
_July 1 '19-'24
30,000r_
J-J
7
'04
'19-'26
uly
g
4s
limit).
8.000_J
J-J
4s
Water-Works (Outside of
18,000r_ _Jan 1 '20-'25
4s g '05 J-J
25,000c_Nov 1 '19-'23 NEEDHAM.
J-J $38.000c.. __July 1 1925
45
July 1 1925
21,000r..
J-J
1
'05
'24-'30
g
_Nov
4s
28,000c
1922
1
M-N
...Aug
'15
48
F-A 10.0000
4s
This town Is in Norfolk County. 48 g '08 J-J 150,000r. July 1 '19-'28
15.000c_Nov 1 '31-'35 Inc.
F-A '5,000c_Feb 1 1923
4s
1711. Population '15, 6,542.
55,000r_June 1 '20-'30
0
J-D
$240,00
'10
Is
Apr
15
'19
'20-'31
DEBT
1
_June
BOND.
f24,000c
J-D
Bonds.
3363'09
8,000r__Jan 1 '20-'21
47.000 4.Library
1919-1934 Is '11 J-J f 30,000r_
1 1,000c_ __June 1 1932 Notes
M-S 58,000
_Jan 1 '22-'31
1
8.086,565
4s '10 M-N 1,0000_ _ May 1 1920 Assessed valuation, real__
Water Debt
_Jan 1 '20-'31
84,000r
0
J-J
2,400,00
__
'11
43
personal
val'n,
'19-'22
1
3
uly
Assessed
1919-193
4.000c_J
M-S $30,000
4s '12 J-J
4s
Dec 1 1930
14,000r.565
J-D
_-10.486
'10
4s
1919-1924
2,500c_Dec 1 '19-'23 Total valuation 1918_ M-S 35.000
4s '13 J-D
45
181.000r Sept 1 '19-'27
1919-1937 4s'12 M-8 140,000r
M-S 81,700
48 '13 M-S 6.000...Sept 1 '19-'23 Total tax (per $1.000) 1918_ 322.60 4s
1 '28-'32
Sept
'19-'24
1
1919-1944
M-S 26,000
4s'14 M-N 5.400__May
4s
INT. on 45 at Nat. Shawmut
5.000r_Feb 1 '20-'24
48 '14 F-A
1,400c-May 1 '19-'20 Boston; at Milford Say. Bank and
4s '15 T-D
Refunding Bonds.
-Apr 1 '20-'37
35,000.
A-0
'17
4s
'20-'26
1
une
2
7.000c_J
on
1930-193
Boston;
J-D
Co.,
M-S $21,000
48 '16
334$
Old Colony Trust
_Sept 1 '19-'37
1933-1944 4368'17 M-S 142,000_
4s '17 A-0 6,000c_Apr 1 '20-'22 33,is and 3348 at Milford Say. Bank. 4s
1.1-S 69,000
4348'18 M-N 10,000Nov 1 '19-'28
43,6s'18 J-D $10,000 .June 1 '19-'23
Town-Hall Bonds
'19-'27
17.Novl
9,064
M-N
45s'18
72,500
2
e
ihnit_116
1919-192
ajOutsid
D'T
BOND.
M-S 510,000r
4s
RY.4 s'18 M-N 16,148 60.Nov 1'19-'34
J'ne 21 1918 Inside limit __ 275,641 MILLBU
School Bonds
This town is in Worcester County.
Hie Range Bonds.
102.950
Note debt( ditional)___
J-J $32,900_Dec 31 '19-'25
4s
20.903
High-School Bonds.
1919-1934 4s '10 __- $7.000__May 1 '20-'26
Sinking'Inside limit
J-J 36,000
1919-1933 4s
Water Loan
315,993 4363'13 M-S 537.500
1919-1932
fundslOutside limit_
J-J
7.000
45
1 1924
224.377 BOND. DEBT Apr 17 '19 $53.500 BOND. DEBT Apr 1919.. $335,000 45 '94 A-O*120,000r-Apr 15
Borrowing capacity
1924
12,000
g '94 A-0 200,000cr_Dec
4s
,431,400
1918
May
debt
n,
real_..17
Note
178.000
valuatio
Assessed
debt (incl.)
Water
1926
1
pr.
400,000cr_A
5
A-0
'96
g
3.472,59
5
4s
1,644,97 Total valuation 1918
Assessed val., personal
Assessed valuation, real.....8,163,900
Jan 1 1927
19,076,375 Tax rate (per $1,000) 1918-$21.00 Assessed val'n, personal_....1.464,700 4s g '97 J-J 600,000cr __June
Total valuation 1918
1 1930
48.000r..
J-D
295
336g'00
1915_5,
3.40
4,740;
on
0
1910,
1918-$2
Populati
9,638.60
Total tax (per 51.000)
Total valuation 1918
'10 J-D 100.000r_June 1 '20-'40
Pop'n 1910, 15.715; 1916. 17.314
Total tax (per 51.000) 1918-$15.00 48
'10 M-S 66,000r_Sept 1 '19-'40
INTEREST coupons are payable 48
INT. at Nat. Shawmut Bank, MILLERS' FALLS WATER DIST.
'11 M-N 110.000r_May 1 '20-'41
4s
Co.
at Boston Safe Deposit & Trust
44.000r_May 1 '20-'27
Boston, or Melrose Tr. Co., Melrose.
Organized Mar. 18 1896.
48 '12 M-11{50.000r_May 1 '28-'37
BOND. DEBT Apr 23'19- $55,000 NEW BEDFORD.
20.000r-May 1 '38-'42
24.559
Sinking fund
MERRIMAC.
This city is in Bristol County.
Fire Department Bonds. 1927
This town is in Essex County. Assessed valuation 1918.....1,148.860 Inc. Mar. 9 '47. Pop'n '15. 109,568.
_ ...May 1
$20.000r
M-N
'07
g
4s
$3.01
1918____
31,000)
(per
rate
Tax
Incorporated 1876.
City improvement
1,800 33,0'09
4s '16 M-S 119,000r_Mar 1 '29-'39
Population 1918 (est.)
Water Bonds
J-J $26,000r___July 1 1919 4s
M-S 21,000__Mar 1 '20-'22
'17
1919
1
__Aug
1,000_r
4s 04 J-J $49,000o_July 15'19-'32
F-A
'09
4s
.14 38,000.-July 1 '19-'37
Electric-Light Bonds
4s '10 M-8 21,000r__1\Ich 1 1920 430'16
MILLIS.
Highway Bonds.
J-J $4,000c_July 15 '19-26
4,000r_ __June 1 1920
This town is in Norfolk County. 4s '10 J-D
A-0 350,000r-Apr 1 '20-'24
'14
48
1920
1
-July
'BOND. DEBT Dec 31 '18.. $53,000 Incorporated Feo. 24 1885.
50,000r.
4s '10 J-J
A-0 12,000r_Oct 1 '19-'24
12,050 4s
•
Floating debt
Dec 1 1925 4$ '10 A-0 50,000r_ __Oct 1 1920 4s '14
_Oct 1 '20-'24
1920-1949 4s '14 A-0 12,000r.Mar
Assessed valuation, real__-1,410,848 BOND. DEBT Apr 15'19 $30.000 4348
_ _ _ 989,386
1 '19-'25
M-S 72.000r
'15
4s
201,585
___
personal
val'n,
Assessed
40,490
al Loan Bonds
Municip
debt
1 '19-'25
July
Floating
42.000r_
J-J
'15
48
Other asses.sable propel- 13,775 Sinking fund (water)
27,934 43 '11 M-S $38,000r._Mch 1 '20-'21
ept 1 '19-'22
Tot. val. 1918 (70% act. _1,626,208 Assessed value, real estate_1.259.410 48 '11 J-D 16,000r_June 1 '20-'21 4s '15 M-S I1 8,000r_S
1 '23-'25
ept
3,000r_S
-$25.00
8__
'19-'21
1
19
12,900r_July
Tax rate (per $1,000)
342,411 45 '11 J-J
Assessed valuation. pers'I
'15 A-0 21,000r_Oct 1 '19-'25
Pop'n 1915, 52.101; 1917 (eat), 2,300 Tot.asses.val.'18(75% act.) 1;601,821 48 '12 1I-S 45,000r_Mch 1 '20-'22 48
30,000r_July 1 '1d-'24
_Jan 1 '20-'22 4s '14 J-J 140,000
__Apr 1 '20-'26
' INT. at First 1t. Bank, Boston. Tax rate (per $1,000) 1918.....$15.00 48 '11 J J 12.000r__Nov
'16 _-4s
'19-'21
'20-'26
Pop. '15. 1,442; '18 (est.), 1.600. 48 '11 Bet-N 7,500r _May 11'20-22
4s '16 -_- 35,000_May 1
43 '12 M-N 45,000r
80,000r__ Apr 1 '20-'27
A-0
'17
4s
METHUEN.
'19-'21
1
Oct
'11 A-0 3,000r_
43
'19-'27
I
-July
Inc.
90,000_
County.
J-J
Essex
In
Is
'17
.
4s
town
This
MILTON
8,000r_Aug 1 '19-'22
'12 F-A
'19-'27
43.6s'17 F-A 90,000__Aug 1 '20"28
This town is in Norfolk County. 43
in 1725. Pop'n 1915. 14,007.
4s '12 M-S 20,000r_Sept 1 '19-'22 5s
_Feb 1
90,000_
-A
F
'18
Inc. 1662. Population 1915, 8.600. 4s
Water Bonds
1'19-'22
M-N 16,000r_Nov
'12
'19-'26
1
_Nov
20,000.
1924
$5.000
1
-May
bonds
M-N
Park
M-N5100,0000
4s '16
45
430'13 F-A 40,000r_Aug 1 '19-'23 4
M-N 9.000-_Nov 1 '19-'27
F-A 15.000o -1919-1924
School Loan
43
M-S 55,000r_Sept 1 '19-'23 Yss'17
'20-'28
1
__Feb
00,000_
A-0
A-0 25,000c....Oct 1 1925 3363'09 M-N 558,000-Nov 1 '19-'29 4368'13
'18
5s
4s
r_Mar 1 '20-'23
1919-1926 55 '13 M,S 100,000
1 1928 4s '16 M-N173,500
F-A
'18 M-N 45,000_ _ _Apr 1 '20-'28
4s
4s'13 M-N 15.000r _Nov I'19-'23 5s
50r.Sopl '19-'28
69,439
M-S
J-D 25,000c_ ..Dec 1 1930
4348'18
4s
'19-'23
1
Bonds
.Dec
Library
40,000r.
45 '13 J-D
J-D 50,000r_June 1 '19-28
A-0 21,000 _ -1919-1940 u
1919-1922 48
48
310.000
'13 F-A 10,000r_Aug 1 '19-'23 43.s'18
1919-1927
9,000
/017 __
4s '1.0 J-9 19,473o.:Dec 1 '19-'33
4s '16 ..... f 6,000-May 1 '20-'21 43
Sewer Bonds
1910-1928
-- 100,000
'18
43 '15 .14 12.000c_July 1 '19-'20
5s
'22-'26
1
„May
110,000
524.000
--4s
1
'19-'32
-Sept
,
2,800c
M-S
43-48'17
JuNr, 1919]
MASSACHUSETTS-CITIES AND TOWNS.
33
NEW BEDFORD (Concluded)—
*Washington Street Loan •
Sundry Loans
Municipal Building Bonds
Assessed value. personal___ $499,790
38 '00 J-D
— Dec 1 1925 334g'96 J-D•$37.333.31 June '19-'26 Total
30'09 J-J $55,000r_July 1 '19-'29 330'01 ,T-D $45,0000
assessed value 1918__2,079,718
Deo 1 1926 3.66'96 J-D •8,000_ __June '19-'26 Tax rate
4s '10 J-D 55,000r_June 1 '20-'30 314s'02 J-D 35,000c—
(per $1,000) 1918___$16.50
12,000o..
—Deo 1 1927 33ig'97 A-0 53.333.._Mch '20-'27 Population
48 '10 M-S 60.000r_Sept 1 '19-'30 3348'03 J-D
in 1915
2,947
--Deo 1 1928 33413'09 J-D
2,311___Ju
48 '11 M-N 48,000r_May 1 '20-'31 4s '07 .7-3 13,000r_
ne 15 1919
3.500r..
.July
1
1929
Park Loans
413 '15 M-S 5,000r_Sept 1 '19-'23 48 '95 F-A 300,000c&r_Aug
NORTH
CHELMSF
ORD FIRE
48 '16 --- 47.000_ _May 1 '20-36 48 '96 F-A 200,000c&r-Feb 1 1935 33413'02 M-N '$11,200_.Dec '19-'32 '
DISTRICT
.
1 1936
Water Loans
A district in Middlesex County.
45 '96 J-J 60,000c&r_July 1 1936 3Xs'89
Library Bonds
J-J $8,000____June 1919 Incorporated in 1906.
3 348'09 J-J $50,000r_-Jan 1 '20-'29 48 '96 J-D 100,000c&r_Deo 1 1936 330g'95J4
55,250._
.Aug
'19-'34
Is '06 A-0 $36,000o—Oct 1 '19-'35
45 '10 J-J 55.000r—Jan 1 '20-'30 48 '97 M-S 100,000c&r_Septil 1937 3.6sg'95M-N
17.000—June 1 '19-'35 Is '07
16.0000_21ch 1 '20-'35
43 '10 21-S 43.000r_Sept 1 '19-'30 4s '97 J-D 50,000c&r_Deo 11937 334
g'96 J-D 13.500 June 1 '19-'36 4)4'08 31-S
A-0 6.400o --April '20-'35
45 '98 21-N 50,000r_ __Nov 1 1938 3.658'10M-N1
Street Widening Bonds.
8.400_Nov
12
'19-'30 4 Xs10 A-0 3.000c ..1936&1937
48 '13 M-N$389-.000c_Nov 1'19-33 Is '99 J-D 63,000o—Deo 1 1939
1 6.000_Nov 12 '31-'40 BOND.DEBT Apr 15 1919 $61,400
Street Bonds.
3,750__0ct 31 '19-'23 Assess. val. Apr 1 '18
Police Bonds.
2,160,000
43013 J-J
10.000_July 28 '19-'43 Fire
J-J $44,000r___July '19-'36 4s '10 J-J $3,000____Jan 1 1920 430'1345
tax (pr $1,0130) '18-- 00c.
4s '13 J-J
48 '14 M-NJ 78.000..May 1 '19-'30 INT.Dist.
5,000._Jul
y
1
'19-23
at Appleton Nat. Bk.. Lowell.
Police Station Bonds.
4s '14 -3,000__July 1 '19-'24
I
84.000May
1
'31-'44
$142,000__July 1 '19-'37 4s '15 _
7,000__July 1 '19-'25 430'17
8,000c-July 1 '19-'22 NORTH EASTON.
430'18 M-S 4,000--Mar 1 '20-'23 Is '16 -_Paving Lean Bonds.
8,000_July 1 '19-'26
This municipality Is in Bristol Co.
Department Equipment Bonds. 0'16 ___
8,000-_Oct 1 '19-'26 430'17 J-J 117,500c_July 1 '19-'25
Water Bonds.
330'16
430'17 J-J $12,000—July 1 '19-'22
M-N 4,000__Nov 1 '19-'26
4,000c-July 1 '26-'27 430'17 F-A $58,000c-Aug 1 '19-'47
4%8'17 F-A
TOT.BOND DEBT DEC.1918— BOND. DEBT Apr 1919—
3,000Aug 1 '19-'21 4318'17 J-D 24,000_-June 1 '20-'27
$58.000
Inside
Military Equipment Bonds.
debt
limit
$272.927 Assess. val. real estate
Hospital
3,012,990
430'17 M-S $4,000__Sept 1 '19-'22 38 '00 A-0 Bonds
407,583 Total assess. val. 1918_ _ _ _ _4,022,272
$30,000r—Oct 1 1920 Outside debt limit
Municipal Hospital Bonds.
3.108'01 J-D 17,900r_ --June 1 1921 Water debt
280.150 Tax rate (per $1,000) 1918____212.20
TOTAL DEBT Dec 1 1918 960.669 Population in 1917 (est.)
430'18 M-N 54,466___Nov 1 '19-'38
School Loans
3.000
INTEREST on coupon bonds pay- 30'99 M-S $82,950r_ .._Sept 1 1919 Borrow. capac. July 11 '17 127.991
INT. payable at Old Colony
able at the office of the City Treas.; 330'01 A-0 34,000r_ —Oct 1 1921 Assessed val'n, real estate.12.632.855 Trust Co.. Boston.
Assessed
val'n,
personal.._ 5.583.531
registered bonds by check.
330'02 J-J 211,000c&r_Jan 1 1922
DEBT STATEMENT APR. 11919. 330'02 A-0 7,850r—Apr 1 1922 Total valuation 1918
18.216.386 NORTHFIELD.
Bonded debt--—$10.066,118 3348'04 21-N 20.000r_ --May '20-'24 Total tax (per $1,000) 1918_._$21.70
A town in Franklin Co. Inc.1672.
•
Outside
Sinking funds
2,003.735 3348'07 F-A 73,000__Feb 1 '20-'27 issue outside debt limit. xPart of BOND. DEBT Apr 15 '19- $330,000
of debt limit.
Net debt
Assessment debt (addl)___
8,062,393 48 '08 J-J 175,000_July 1 '19-'28
INT.In Boston at First Nat. Bank Assessed value, real estate_1,358,000
Water debt (incl. above)_ 1,783,000 3348'10 M-S 2.000____Mch 1 1920
2,621
Water sk. fd. (incl. above) 1.025,612 330'11 M-S 2,000...Mch 1 20-21 and Nat. Shawmut Bank and in Nor. Assessed.value, personal___ 304,507
3.658'12M-N 9.000—May '20-'22 Adams at North Adams Nat. Bank. Total assessed value 1918.-1,657,128
Other debt exempt from
statutory limit.. incl.
48 '15 J-J
Tax rate (per $1,000) 1918----$19.00
2,000. July 1 '19-'20
above
School Bonds.
Population in 1917
5.118,614
NORTHAMPTON.
1.782
Borr. copse.
554,179 48 '17 J-J $2,500- _Jan 1 '20-'24
This city is in Hampshire Co. Inc.
Assessed val.. real... . -78,356,350
Engine-House Loan
June 23 1883. Pop'n 1910, 19.431. NORWOOD.
'
Assessed val., personal —53,470,788 330'02 21-S $16,000r_ --Sept 1 1922
Department Equip't Bonds.
This tOwn Is in Norfolk Co. Inc.
Total val. 1918
Fire Protection Bonds.
131.827.138
4s '16 J-D $4,000c_June 1 '20-'21 1872. New charter adopted
Oct 6.
Value of city property '17-15,496,386 45 '13 M-8 $4,000-Mar 1 '20-23
Paving Bonds.
Population 1915. 10.977.
Tax rate (per $1,000) 1918-- --$25.40 48 '17 F-A 29,000-_Feb 1 '20-'37 430'14 M-S $15.000c-Sept 1 '19-'24 1914.
Park
&
Office
Bldg.
Lots.
Public Library Bonds.
48 '16 J-D 21.000c..June 1 '20-'26 45
The water, park, bridge (except
J-D $26.000c_Dec 30'19-'31
1915), high-sch., library, municipal 3.65s'12 M-N $24,000-May 1 '19-'32 4Xs'19 M-N$75,000__May 1 '20-'24
Water Bonds.
Land Purchase Bonds.
Library Bonds.
bldg. and wharf bonds, sewer
45
J-D
$4,000o_ --June 1 1920
bonds of '07, '01, '02, '03, '14 and 48 '13 M-N $1.500-May 1 '20-'22 48 '17 M-N$15.000c_May 1 '20-'22 Is '11 Sept 56,000o -- -.1919-193
2
Mt. Tom Highway Bonds.
$120,000 of 1915, school bonds of • Bridge Loan.
Water Notes.
4s'16
$4.000--May 1 '230-'2 430'14 M-S $2,000c..--Sept 1 1919 la
1904, '05. '08, '10, '11 and '12,
J-D $2,000
1919-1920
Bridge Bonds.
street-widening and trust funds and
King St. Highway Bonds.
Highway Notes.
police-station and engine-house bonds 430 '17.... $23.000c-Aug 1 '19-'37 Is '15 J-D $6,000c_Dec 1 '19-'21 48
J-J $16,000
1919-1920
are Authorized outside the debt STATEMENT OF DEBT,
Steam Roller Bonds,
48
F-A 32,000
1919-1926
&c.. 430'16 J-J
limit.
$1.950_July 15 '19-21
Sewer Bonds.
JAN. 1 1919.
Bridge Bonds.
45 '07 J-D$105.000--June 1 '20-'47
Municipal debt..........$3,221,200
'13 M-N$10.000c_Nov 1 '19-'20 4e '08 F-A 30,000c_Aug 1 '19-'48
NEWBURYPORT.
Water debt-...... 975,000 48School
Bonds
48
J-D 38,000c_Dec 30'19-'37
This city is in Essex
Inc. Total debt.
4,196,200 3348'04 A-0
ct 1 '19-'21
School-House Notes.
Total sinking funds
June 1851. Pop'n 1915,
County.
15.311.
2.068,689 3.658 21-S $15.000c_O
3.000r-Sept 1 '19-'21 330
,J-D $1,600
Water sink. Id. (incl.) -Police-Building Bonds
1919-1926
642.048 4348'13 F-A 30.000c_Au
J-D 40.300—__Dec '19-'32
g 1 '19-'23 430
48 '11 M-N $16,000c_May 1 '20-'26 Borrow. capac. Jan 1 1919 1,423,491
4348'14 M-S 88.000c_Sept 1 '19-'34 48
___ 19,400
Assess. val. real
Water Bonds (outside limit)
1919-1926
65.534.050
3.000—Oct 1 '19-'21
Electric-Light.
34s'04 J-D $174.500c_June '19-'34 Assess. val. personal
9.537.790
Sewer Loans
430'07 J-D $20.375r_Deo 1 '19-'27
2,270c&rfly 1 '19-'38 Total val. 1918
4s '08 J-J
$75,071,840 3.85s
J-J $5,000r July 1 '19-'23 4s'16 J-D
6.000--Dec 26'19-'21
4s
6.000—Dec 1 '19-'21 Total tax (per $1,000) 1918 _ —$18.40
3.658 M-S 1,000r_Sept 1 1919 TOTAL DEBT May 9 1918 $642,758
4 s'14 A-0 126,000—Oct 1 '19-'44 (*Loans issued outside debt limit.)
2,000_June 1 1920 Sinking fund
I 5.000-__ -Oct 1 1919
INT. at First Nat. Bk. of Boston. 4348'15 J-D
6.837
Assess. val. real
Water Bonds.
Pleasant St. Bonds.
12.762.177
•
330 g J-J $64,000c_July 1 '19-'29 Assess. val. personal
4s '12 J-D $2.000c_Dec 2 '19-'22
3.243.430
FUND. DEBT Apr 1 '19_ $283,950 Total val. 1917
NORFOLK COUNTY.
School Bonds
16.005.607
Dedham is the county seat. Inc. Water debt (included)____
334s
J-J $35,000c&r_July 1 1922
48,000 Total tax (per $1,000) 1917—$14.60
Borrowing capacity
334s
J-D 50,000o_ —Deo 1 1923 1793. Population 1915, 201.907.
238,558
INTEREST paid by New Eng. Tr.
Assess. val. real
Bridge Bonds.
48 '10 M-N 14,0000-Nov 1 '19-'25
14,805,960 Co. and First Nat. Bank. Boston,
48 '16 M-N 30,000cNov 15 '21-'25 Assess. val. personal
Refunding Bonds
4,043,551 and Norwood Nat. Bk.. Norwood.
48 '09 2I-N $62.0000.--Nov 1 1924 4s '16 ___ 114,000_Nov 15 '19-'32 Total valuation 1918
18,849,511
1 500-- _Nov 15 1933 (Assessment about fair cash value.) ORANGE.
350
4,750- _ Mch 1 1920
Tar
rate
(per $1,000) 1918._ _ _$21.10
County Farm Loan.
Sewer Bonds
(outside limit).
This town is in Franklin Co. Inc.
INT.at Hampshire Co.Nat. Bank.
M-S $65,000c—Sept 1 1919 5s '18 _-- $12,000_-May 1 '20-'23
4s
Northampton Inst. for Savings and Feb. 24 1810. Pop'n 1915, 5,379.
School Bonds.
4s
21-N 35,000r—Nov 1 1919
Town
Hall Bonds.
A-0 7,500r- —Oct 1 1919 48 '16 M-N$50,000c_Nov 15 '19-'28, Northampton Nat. Bank,
48
4a '11 A-0 $30.500c—Oct 1 '19-'31
Building Loans.
33s
M-S 46,000r—Sept 1 1931
Water
Bonds.
330'05
J-J
City Debt Dec 30 1918—
40.000--July 1 '19-'20 NORTH ANDOVER.
48
21-3 $44,000o_Sept 1 '19-'30
Inside limit
1.383 —July 1 1921
This town is in Essex County.
$151,750 4s '06 J-J
Sewer
Bonds,
Court
House
Outside limit
Loan.
Inc. 1855. Population 1915, 5.956. 48M-N$ 5.000c—No
530.500
v 1'19-'20
Sinking funds
Water Bonds
209,603 4s '11 11-8 16.000c_Sept 15 '19-20
School-House Loans.
Borr. capac. within limit- 203,926 BOND.DEBT May 1 1919 $178,882 4s '98 J-J $80,000c___July 1 1923
F-A
$800._
On
demand
Assess.
debt
(add'!)
Assessed valuation, real
460,000 4s '99 J-J 40,000c___
8,331,350 Assessed
1930 450'08 F-A 10,500-- --On demand
yarn, real..., —255,586,689 4s '04 M-N 12,000c_M_July
Assessed val'n, personal
3,123,958
ay 1 '20-'31
Play-Grounds.
Total valuation 1918_ _ _11,455,308 Assessed val'n, personal_ 41,062,138 4s '14 J-D
1,500.June 1
4 S0'08 F-A
$500-- --On demand
Tax rate (per $1,000)1918-220.50 Total valuation 1918-296,648,827 48 '15 J-D 15,000__June 1 '20-'21
'20-'34 BOND.DEBT Apr 15.19 $79,500
Engine-House Bonds
INT. on notes at Nat. Shawmut
INT. at City Treasury. at Ocean
Notes outstanding
10,500
Nat. Bank and American Trust Bank; on school bonds at First Nat. 4s '08 J-D $10,000c_Dec 1 '19-'28 Assess. val. real
3,160,110
School Bonds
Bank, Boston.
Co. of Boston.
Assess. val. personal
4s '11 J-D $12,000c_June 1 '20-'24 Assess. val. bank stock_.- 898,930
58,905
4s '14 M-N 3,000__May 1 '20-'22 Total val.'18 (actual)
NEWTON.
NORTH ADAMS.
4,117,945
This city is in Middlesex Co. Inc.
This city is in Berkshire Co. Inc. 4s '16 F-A 59.000124,000 yearly Total tax (per $1,000) 1918-322.00
1 on Aug. 1.
Juno 2 1873. Pop'n 1915, 43,113.
Mch 22 1895. Pop'n 1915, 22.035.
INT. on water bonds at Orange
Sewer Bonds
*Water Loans
State-Highway Bonds.
Nat. Bk. and at office of Town
4s '90 A-0$250,000c&r_Apr 1 1920 4qs'14 M-N $7.500__Nov 1 '19-'24 4s '09 J-J 332.000o_July 1 '19-'34 Treas.;
DEBT Apr 30'19 $269,000 Bank; on sewer bonds at Nat.
4s '91 A-0 100,000c&r_Apr 1 1921 4 s'13
3.500_M&N '19-'23 BOND.
town-hall bonds at Old
Water debt (included)___
48 '92
100,000c&r_Apr 1 1922 4s 16 F-A
102.914 Colonyon
3,000__Aug 7 '19-'21 Sinking
Tr. Co., Boston, and Orange
fund
48 '93 F-A 50,000c_ __Aug 1 1923
88,290 Nat. Bank;
Cemetery Bonds.
all other loans at Town
Assess. val. real
4s '94 A-0 75,000o&r..Apr 1 1924 ta .14 m-N $3,750__Nov 1
4,765.667
'19-24 Assess, val. personal
48 '95 F-A 60,000c&r_Aug 1 1925
1,138,972 Treasurer's office.
City-Hall Annex Bonds.
Total
val.
'96
1918
J-J 70,000o&r_July 1 1926 48 .15
45
5.904.639
$2,450__Aug 10'197'25 (Assessment
48 '97 J-J 45.000c_July 1 1927
at fair cash value.) PALMER.
Refunding Loans
Tax rate (per MOW) 1918_ --$22.80 This town is in Hampden County.
48 '98 11-S 75,000.3—Mch 1 1928 3.15g'99J-J zS30,533
1 '19-20 INT.
at
Winthrop
330'01 M-S 25,000r_Sept 1 1931
Nat. Bk.. Boston. Inc. Aug. 23 1775. Pop.'15. 9.468.
3.15s g
x10,416.68 July 1 '19-20
Bridge Loan (Int. in Boston).
330 '02J-D 35,000o- -.lune 1 1932 3.15g'00M-S x30,533.33--Mch'20-'
21 NORTH ATTLEBOROUGH.
434s'12 J-D $3,000--_-Dec 1 1919
330'03 J-D 18,000r_June 1 '20-'28 3 34g'01 F-A z30,533.33 --Feb
This place is in Bristol Co. Inc.
Highway Bonds (Int. in Boston).
330'04 M-N 16,000r_ _Nov 1'19-'34 3 g'02 A-0 x30,533.33--Mch '21-23
'23-25
334s'06 F-A 17,000r __Feb 1 '20-'36 3346'03 A-0 x11,533.32
49 '12 .I-J $20,000__July 1 '19-'22
1887. Population 1915, 9.398.
6
School (Int. in Boston).
Water Bonds
3,8'16
34,000-_Mar 1 '20-'46 334g'04 F-A x6.533.33- _1925-192
--Aug 1926
rainage Loan.
$9.000c_July 1 '19-'27
3.45g'05J-D z4,533.33_june 1 1926 4s '93 J-J 1$15,000____Jan 1 1923 Is '09 J-J
1 16,000____July 1 1923 0rammar-Sch ool (Int. in Boston).
48 '16 _--- $3,000-_Aug 1 '19-'21 4sg'06 F-A. z1,533.32 —Aug '26-27
330'00 J-J $3,200__July 1 '19-'20
*HighwaY Loans.
4sg'07 3-3 x1,533.33.July 1 1927 4s '12 M-S 8,000c_Sept 1 '19-22 TOTAL
DEBT Apr 24'19- $35,200
Notes
48 '96 21-N $80,0000&r_May 1 1936 4sg'08 M-S z3,533.34-Sept 1 1927
*Sewer Bonds
$13.250__Sept 1 19-'23 Assess. val. real
4.068.710
3J4sg'09J-D x3.783.33-3une 15 '27 Water 48
Town 330 16.500.-July 1 '19-'29 Total val. 1918
4s '02 J-D $98.000----Dec 1 1922 4sg'10 J-D x3,333.34_June
6,891,151
15
'27
do 48
4s '92 J-D 21,000—Dec 15 1922 3.901311J-D x3.333.34.Junel5
12,000--Sept 1 '19-'24 Tax rate (per $1.000) 1918- —$18.10
1927
Sewer
48 '93 F-A 100,000c ..Aug 1 1923 3.90g'11J-D 20.000.Jun
Notes.
'19-'20 4s '09 M-N $169.000c_Nov 1 '19-'39
4s '94 J-J 100.000c&r_Jan 1 1924 3.65g12M-8 20.000—M e 15
PEABODY.
1 '21-'22
46 '94 A-0 125,000c&r_Oct 1 1924 4Xg'13 A-0 f 10,000____ar
—
5.000_ __Oct 1 '19-'23
This city
in Essex Co. Inc. in
Apr 1 1923 430'13
Electric-Light Bonds & Notes. 1855. Townisproperty
48 '95 J-D 70,000r.--Deq62 1925
1 5.000... ..Apr 1 1924
valnad at 22
48 '94 J-J $50,000o_ __Jan 1 1924 000.000. Population is...
4s '96 J-J 70.000c&r_Juir 1 1926 1348'14 M-N 15.000—Nov 1
_8 &fa
4s '97 M-N 100,000c&r_May 1 1927 4s '15 --- 10.000___Sept'24-'25
330'99
--695_
__July
1
1919
SchoolLoans.
48 '98 21-3 50,000o&r_Sept 1 1928 4s '16 --- 10,000- —_Sept 1 1926 45 '06 M-N 10,000.May 1 '20-'24 330'02
F-A $15,0000 Aug 15 '19-'21
1 1927
330'00 bi-N 25,000r_ --May 1 1930
School Bonds.
48 '11 M-S 18.0000-Sept 1 '19-'27
Sewer Loans
3.10s'01 A-0 20,000r
Apr 1 1931 3 Sit'98 J-D $9,000 —June 1 '20-'28 5s '18 F-A$150000c-Feb 1 '20-'34 48 '13 M-S 24,0000..-1919-1
927
330'01 J-D 50.000c&r_Deo 1 1931
3.2g'99 J-D
Water Bonds.
7,700—June '19-'29 TOT. BD. DT. Jan 31 '19- $493.845
330'03 J-D 18,000r_ _June 1 '20-28
debt__- 42.250 Is '03 F-A $75,000c-Aug 1
3.2s g'00--- 11,000--Apr 4 '20-'30 DeductionsrAter
'19-'33
330'04 J-J
22,000r July 1 '19-'29 3.17g'01Jlight
Elec
bcLs_
62.695 48 '04 J-D 10.000c_June 1 '20-'24
D *4,550_ --June '19-'31 Sink,funds
330'05 3-3 12,000r—July 1'19-'30 3.4g'02
•4.380.. __Nov '19-'32 Borrowing water & light)- 59.589 330'05 F-A 68.0000-Aug 15'19-'35
48 '08 A-0 17,000_0ot 1 '19-'35 48 g '03 M-N
capacity
56.310 4s '10 J-D
F-A
4,500- -- _Aug '19-'33 Assessed val'n,
2.000c_June 1 1920
3.658.08J-D 57,000r_June 1 '20-'38 4s
real
estate-6.423.540 40'14 A-0 16,000c_Oc
g '10 J-D
1,000_June lb '19-'20 Assessed val'n,
t 1 '19-'34
3348'10 J-D 42,000--June 1 '20-'40 3.903'11J-D
personal_1,908.710 48 '16 F-A 33,000c
3,750_June 10 '19-'21 Total
1919.1930
valuation
4s '13 M-N 24,000 .May 1 '20-'43 4a '12 J-D
1918
8,332,450
Pavement Bonds.
5.200_June
20
'19-22
Total tax (per $1,0001 1918_ -$23.70 4s '16 F-A $8,000c-Aug
48 13 M-N 25.000—Nov 1 '19-'43
Sewer & Sidewalk Bonds.
1 '19-'26
INT.
45 '14 J-D 25,000c_June 1 '19-'44 430'14
Boston
at
Safe
Dep.
&
Tr.
Co.
4
Al-S
Xs'19
225,000
M-S $2,500____Sept 1 1919
1929
26,000__Nov 1 '19-'44
48 '14
Electric-Light
School
High
Bonds.
Bonds.
NORTH BROOKFIELD.
4s '15 F-A 27.000Aug 1 '19-'45 48 '15 M-13$161,500c_Sept 1
4s '92 J-D $40,000c_3une 1 1922
'19-'35
This
town
27,000__Feb 1 '20-'46 48 '16
is
3 s'16
in
Worcester
County.
330'09
F-A 34.000c_Aug 1 '19-'35
9.000
1919-1936 BOND.DEBT Jan 1 1917 $30.000
Charles River Basin Loan.
43017 F-A 36,0000--1919-1027
124,000
1919-1926 Floating debt
330'11 M-N $3,000__Nov 1 '19-'21 4s '16 — 125,000
Street & Sewer Bonds.
1927-1936 Assessed value, real estate-1.576,000
9.928 4s '16 M-N$24.000c
1926
34
MASSACHUSETTS-CITIES AND TOWNS
[VoL. 108.
1918_24,684,300
AsSessed val'n, personal.. $5.349,980 Tot. ass'd valuation
PLYMOUTH COUNTY.
$1,000) 1918-$26.80
PEABODY (Concluded)Total valuation 1918_ -_.A8.562.705 Total tax (per
.
Plymouth
Is
seat
County
Bank,Boston.
Nat.
Fourth
INT.at
Sewer Bonds
1918-$24.20
Court-House and House of Cor- Tax rate (per $1,000)
45 '06 J-J 390,000c.July 16'19-'36
Pop'n 1910, 32,642; 1915, 40,674
Notes.
ND.
ROCKLA
413 '06 M-N 87.000cNov 15 '19-'36 430rection $20,000.
Nov 1 '19-'22
INT.at Eliot Nat. Bank and Nat. Town in Plymouth Co. Inc. 1874.
4s '07 A-0 .12.000c_ Oct 1 '19-'32 3.80s
-_- 25,000__Nov 1 '19-'23 Shawmut Bank, Boston.
Water-Works.
TOTAL DEBT Apr 1 1919 3851,000
__- 15,000_ May 1 '20-'22
4.8 '10 J-J 410.000r_July 1 '19-'28
Water debt (outside limit) 208,000 45
Road Bonds.
Macadam
PH.
Sewer debt (outside limit) 219,000 4s Bridge Notes.
RANDOL
'19-'28
1
_Dec
310,000_
This town Is in Norfolk Co. Inc 4s '15 J-D 34,500____June 1 1920
Electric light loan (out110,000 430'17 M-S 24.000„Sept 1 '19-'22 Mch. 9 1793. Pop. 1915, 4.734.
Refunding Loans.
side limit)
Notes.
Hospital
45 '12 F-A $14,500r_Ang 1 '19-'22
rks,
Debt within limit Apr 1 '19 314,000 430'17
M-S 375.000-___Sept 1 1919 48 Water-Wo
34,500
J-J $25.000c-July 1 1922
School Loans.
Sink. fund (outside limit)_
Court-House & Equip. Notes.
10,000c -- _July 1 1926 48 '09 J-J $30,000r .Jan 1 '20-'29
J-J
Borrow. capac. Apr 1 '19.. 175,000
4s
1
'19-'25
Nov
$7,000__
5.000r_July 1 '19-'23
48 '11 J-J
Water Notes.
Assess. val. real estate_ _ _ _13,367,400
10,690,042 4sPERM. DEBT Jan 1 '19_ $271,331 _s
--- $1,000___July 15 1919 BOND. DEBT Apr 15 '19 $65,000
Assess. val. personal
129.231.775 _s
10.000
24,057,442 Assess. val. real
9,400_Jan 23 '20-'21 Water debt (Included)
___
Total assess. val. 1918
27,316,116 _s
___
3.000____Nov 5 1923 Assessed valuation, reaL __4,415,353
Total tax (per $1,000) 1918.-316.00 Assess. val. personal
91
26
156,547.8
...1,003,6
1919
val.
Total
val'n,
personal..
Assessed
Notes.
Fire-Truck
INTEREST on the sewer 48 of 1906 Population in 1915
157,303 _s
1919-1921 Total valuation 1918__5,418,979
___ 33,300
Is payable at the First National Bank,
--$22.00
1919
(per
31.000)
rate
Tax
Notes.
g
and
Refundin
bonds
Boston; on the pavement
4.18'07 M N$18,000c&rMay 1'20-'37 Pop'n 1915, 7,074; 1918 (est.), 7,300
the sewer 4s of 1907 at Old Colony PROVINCETOVirN.
Stetson-Hall Notes.
INT. on water bonds due 1917-28
Tr. Co.. Boston.
This town is In Barnstable Co.
1919-1921 and school and refunding bonds at
-__ $3,000
58
BOND. DEBT Jan 1 1919 $80,000
Notes.
School
Nat. Bank, Boston; other inSecond
2.405.602 430. $13,500
Assess. val. real
PEPPERELL.
1919-1927
738.030 BOND. DEBT Apr 29 '19 340,800 terest at office of State Treasurer.
This town is in Middlesex County. Assess. val. personal
3.145.692
val.
1918
Total
Water Bonds
91,000
Water debt
4s '08 M-N $77,9000_May 1 '20-'38 Tax rate (per $1,000) 1918_320.50 Sinking fund (water)
21,000 ROCKPORT.
4.295 Assess val., real
BOND.DEBT May 1 '19_193.000 Population in 1910
2,440,750
This town is in Essex County.
lost.
Co..
1.780.015
Tr.
Colony
real
INT. at old
Assess. val.
___
336,850
Inc. Feb. 27 1840. Pop.'15.4,351.
personal_
val.,
Assess.
764.077
Assess. val. personal
,600
ct.)7,777
'18
val.
Water Bonds.
Tot.
(abt.75%a
2.544.092
Total val. 1918
J-J $7,000c_July 1 '19-'25
Tax rate (per $1,000) 1918-323.80 4s
QUINCY.
(Assessment at fair cash value)
M-N 25.000o_May I '20-'24
,550
48
Nov
prop.
of
town
1917.3403
Val.
County.
Norfolk
is
in
Total tax (per $1,000) 1918-.._$21.50 ' This city May 17 1888.
M-N 7,000o-Nov 1 '19-'32
330'02
INT. payable at National Shaw- 43 '10 J-J
Population 1910, 2,593; 1915, 2.839 Incorporated Debt-30.4s& 4543.
6.000c_July 1 '19-30
Boston.
Bank,
l
mut
Municipa
4.000c_July 1 '19-22
J-J
'14
4s
INT. at Harris. Forbes &
Due
Duea
6,000c_May 1 '20-'25
wholly
is
M-N
debt
'15
48
The
Inc., Boston.
$35.000 READING.
1917-__$107,000 1921
School Bonds.
bonded water dept.
20.000
1918___ 83.750 1922
Is in Middlesex County. 4s '05 M-S $6,000o_Sept '19-'24
town
This
10.000 Inc. 1644. Population '15. 6,805.
1919--_- 61.500 1923
4.000c_Jan 1 '22-'25
48 '07 J-J
10.000 4
1920____ 47,500 1924
19t9-1933 BOND.DEBT May 1 '19. $71,000
s'17 , -.. $15.000
.TTUTELD.
Funding Bonds.
1919-1937
38,000
--61,000
(Incl.)
434s'17
Pittsfield Is In Berkshire County.
debt
Water
$60,000c Sept 3'19-'22
3,793,290
Incorp. as a town 1761; as a city 4s'12 M-S
Electric-Light Bonds.
Assessed valuation, real
playStreet Loans.
1919-1936 Assessed val'n, persal
539,046
4s&430 -__ $153,400
1 891. The sewer, water, school
-1925
-----1919
..-- $22.500
.3
--- 148,000-Oct 1 '19-'35_- Total valuation 1918
4.332,336
ground, paving and $77.000 of
4.000o -Oct 1 '19-'20 430'17
1 1,000---Oct 1 1936 Tax rate (per $1,000) 19f8---$22.00
debt, included below. is outside of 4s '10 A-0
3.400-June 1 '20-'21
45 '11 __
Bonds.
Water
the debt limit.
Bost.
Bk.,
Shawmut
Nat.
at
INT.
48 '11 J-J 14.875July 1 '19-'21 48
J-D 359,00043-June 1 '23-'30
Municipal Yard Bonds.
45 '12__J-J 12,000c__Jan 1 '20-'22 48
J-D 42,000 __June 1 '20-'22 SALEM.
4s '16 M-8 $22,000.Sept 1 19-'29 430'13 J-D 20.000c-June 1 '20-'48 4s
1931-1936
J-D
6.000
This city is in Essex County.
6.000c_Aug 1 •'19-'20
4s '15 F-A
Paving Bonds
Brown Estate Bonds.
Mar. 23 1836. New charter
335g'041M-N $15.000r_Nov 1 '19-'21 43 '16 J-J 20,000c-July 1 '19-'21 4s
1919-1932 Inc.
$7,234
for Mayor and Council
providing
1921-1921
.
Street Bonds.
430'14 M-N 21.000
Sewer Bonds.
adopted Nov. 1915, instead of com1919
31,750
-_'17
4s
1919-1922
Bonds
$4,000
--ment
5.
Improve
nt. Pop'n .1915.
governme
mission
1919
1,000
-_16
4s
1923-1947 37,200. City partially destroyed
--- 100,000
48
by
4s '08 J-D_$10.000c&rDec 1 '19-'20 4s '17 --- 3,000
1919-1921 430
1919-1937 fire June 1914. See V. 98, p. 2006.
--- 38.000
Water Bonds
1919-1921
8,500
--430'17
'20-'32
1
_May
Bonds.
Grading
4s '08 M-N 365,400c
1919-1922
4,000
Bridge Bonds.
1919
--_- $1,020
45 '08 M-N 150,000c_Nov 1 '19-'33 430'17 --1919 55
_. 2,500
4s '10 J-J $2,000c___July 1 1919
School Bonds.
45 '09 M-N 70,000c_Nov 1 '19-'32 4343'17_
Sewer Loans.
---.1919-1925 430'18 J-D 63,000....Dec 1 '19-'27
--,
$28.000.330
45 '11 F-A 400.000--Mch 1 '20-'39 1917-18
--$58,500
--$66.000 1931-33
Bridge Bonds (Outside Limit).
Loan.
48 '11 M-N 85.000o_Nov 1 '19-'35 1919-20_.
. 64,000 1934-37.... 74,000 4s drouard
1919-1921 45 '15 M-N$67,500c_Nov 1 '19-'45
-_- $3,000
M-S 224,000c_Mch 1 '19-'32
45
13,000
62,000 1938
Loan.
Library
Municipal Loan.
Public
48 '12 M-N 85,000__Nov 1 '19-'35 1921-22_
9,500
30,000 1939
1919-1921 43014 F-A$144,000c_Aug 1 '19-'54
33.000
48 '13 M-N163,000__Nov 1 '19-'35 1923
22.500 4s-29,000 1940-42
4s '14 M-S 180.000c_Sept 1 '19-'54
Fire 6epartment Loan.
4s '16 ___ 10,000___ May 1 1920 1924
5,000
1943
28,000
1925
1919-1921 48 '15 J-J 180,000c_Jan 1 '20-'55
34,500
4s '16 M-S 9,000-Sept 1 '19-'21 1926
3.000 5826.000 1944
- on Estate Loan.
rdson
4s '16 M-N 111.000c_May 1 '20-'56
6.000 45Richards
Sidewalk Bonds.
1927-28- 46,000 1945-47
1919-1927 4s '16 M-N 85.000c_May 1 '20-'36
34,500
3.000
--- $8,000____Dec 1 '19-20 1929
4s
22,500 1948-50
Loan.
4s '17 A-0 90,000____Apr '20-'37
School20,500
1930
1919-1931
Park Notes.
_-- 313,000
48
Trust Fund Bonds.
35,000-__Oct 1 1919 4a '11 A-0 $14.000c_Apr 1 '20-'26
5s
Cemetery and Library Loans. 4s '03 J-J $25.000o_July 1 '19-'23
'20-'42
1
Mch
24,000c..
M-S
'12
4s
_ _ 33,600 ___ _1919-1921
Water Notes.
38,000c-Mar 1 '20-'23 4s
,
M-1
M-81
43(3'13
School Bonds.
'19-'20
'191_
$509,000
1
__Nov
Jan
e
.
t
d
34,000__
Bond&noi
___
436s
20,000c-Mar 1 '24-'43
127,000 48 '10 J-J 45,000c_July 1 '19-'20
y loans (add'1)
--_ 330,000___Nov 30 1919 4s '14
530
10.000c_May 1 '18-'24 Temporar
4,000c_Mch 1 '20-'21
4s '12 M-S
112,929
1
'19
Jan
capacity
Borrow,
($10,000 yearly)
5.000c_May 1 '25-'29 Assessed valuation. real_7,149,530 4s '15 F-A 119.000c_Aug 1 '20-'35
Sewer Bonds
1920
1
__Apr
June 1 '19-'37
3,000c_
A-0
45
142.500..
'15
J-D
J
'17
Assessed val'n, personal_ _ _ 932,904 48
330 g J-D $70,000c&rJune 1 '20-'26
10,000c_Apr 1 '21-'25 Total
Water Bonds(outside limit).
8,082,434
valuation 1918
4s '08 M-N 48,000c&r_Nov 1'19-'23
'20-'21
1
pr
_June 1 '1920
14,000c_A
A-0
38,000c_
'16
J-D
4s
'90
48
'32
.00
_Febl'241918...$25
$1,000)
Total tax (per
43 '11 F-A 85.000c&r
1 1919
Sewer Bonds.
/NT. at First Nat. Bank. Boston. 4s '07 A-0 1,000____Oct1 '20-'45
M-S 12,000c_Mch 1 '20-'21
4$
1919-1922
Apr
$28,000
'17
A-0
4s
156,000c'15
4s
'19-'29
1
000„Nov
M-N110,
4s '13
1
'19-'45
Aug
Bonds.
-54,000c_
-A
School
F
15
48
'19-'40
1
4s '15 F-A 88,000__ Aug
4s '09 J-D $2,000c___Dec• 1 1919 REVERE.
F-A 18,500__Aug 1 '19-'55
48 '16 M-S 56,000_ _Sept 1 '19-'46 48 '11 J-J
This city is in Suffolk County. 4s'15
24.000c_Jan 1 '20-'21
4s '15 M-N108,000c_Nov 1 '19-'45
Playground Bonds.
F-A 32,000c_Aug 1 '19-'22 Inc. as town 1871; as a city 1915. 4s '16 A-0 151,000c_Apr 1 '20-'36
45
'12
4s '15 F-A $14,000__Aug 1 '19-32 4s'15 J-D 151.000c_Dec 1 '19-'25 Population 1915. 25,178.
20,000c-Apr 1 '37-'46
School Loan Notes.
4s '16 M-N 21.000c-May 1 '20-'26
430'18 J-D 25,000c_June 1 '19-'23
School Bonds
1919-1920 45 '02 J-D $2.000 __Deo 2 '19-'22
20,000c.June 1 '24-'28
330 g F-A$12,000cderAug 15'19-'20 4s '16 --- 2,250
y
15
'20-23
2,920_Ma
M-N
4s
'03
1919-1920
4s '17 --- 4,400
Water-Pipe Bonds.
48 '09 J-D 124.200c&rDec 1r19-'27
1919-1920 4s '04 M-N •8.750--May 1 '20-24 430'17 F-A $36.000c_Aug 1 '19-'22
f 130,000__June '20-'29 4s '17 --- 4,400
430'13
48 '04 A-0 3.000 __Oct 1 '19-'24
Playground Bonds.
1 12,000._ _June 11930
Pipe-Renewing Bonds.
$10,000 __Oct 1 '19-'23 4s'08 A-0 50.050 --Apr 1 '20-'27 48 '13 F-A $6.()00__Feb 1 '20-'23
48 '13 J-D 65,700__Dec 1 '19-'33
48 '09 M-S 10.000_Sept 15 '19-'28 4s'14 J-J
1910
'20-'26
15
July 1919
Feb
Miscell."
dated
1,500
142,000__
"Consoli
F-A
4s g '15
1920
1
_July
500..__
Various
4s
'10
--1927
15
434510 J-J $56,8250
1 2,000_ __Feb
F-A 24,000c_Aug 1 '19-'21
ne 1 '20-'30 4s '16
Loan.
Wire
und
Extreme Emergency Loan Bds. 4s '10 J-D 11,000-Jupr
Undergro
TOTAL DEBT Apr 1919_$2,394,500
1 '20-'31 4s '13 A-0 36,000._Apr '20-23
1.364,000 5s '19 M-S 355,000c_Mar 1 '20-'24 413 '10 - 30.000__A
Water debt (incl.)
4s '11 J-D 30.000Dec 15'19-'30 48'14 M-N 7,100_ _May 1 '20-'24
431,000
Sea Wall Bonds.
Sewer debt
1919-1922 4s '16 - 70.000-..June 1 '20-'33
63,000 430'17 -_
$4,400
High-School Bonds.
School debt
72,000....Oct 1 '20-'37 430'07
430'17
15.000
Bridge Bonds.
A-0 $40,000c_Apr 1 '20-27
Paving debt
5,000_June 15 '20-'24 4s '06 J-J 120,000-July 1 '19-'26
14,000 4s '12 A-0 38,000c-Oct 1 '19-'22 4343'17
Playground debt
1919-1938
_
40,000
430'18
514,512
Loans.
capacity
Water
and Sewer Bonds
Street
Borrowing
$18,000
$64,500 1928
Loan.
48 '15 F-A 314,000c_Aug 1 '19-'25
Assessed valuation 1918..A1,154,200 1917
12,000 4sSewer
Loans.
___ 340,000__May 1 '20-'34
Sewer
'04
Total tax (per $1,000) 1918---$21.80 1918-19__127,000 1929
11.000 43(s'15
56,500 1930
12,500_June 15 '20-'24 4s '95 A-0 $2,000c_ __Apr 1 '1920
Pop'n, 1910, 32,121: 1915, 39.607 1920
8,000 430'17
51,500 1931
16,000_Dec 15 '20-'35 4s'09 J-D 12,500o_Dec 1 '19-'23
INTEREST payable at First Nat. 1921
7,000
1932
97,000
1922-23
48 '11 M-N 2,000r..May 1 '20-'21
BosCo.,
Trust
Sewer and Drainage Notes.
Bank and Old Colony
5,
-1933
25,500
M-N 5,625__Nov 1 '19-'21
1924
314,000_May 15 '20-'26 4s '11 M-N
ton; also at City Treasurer's office.
24.500 1934-37_.. 12,000 4s '16 -__
16,000__May 1 '20-'35
1925
4s '15
23
'20-'29
_Apr
21,000_
___
430'17
23,000 1938-39__ 4,000
2.000__June 1 '20-'21
1926
4s '16 J-D
1,000
1940
Station.
Police
22,000
2,000__Aug '19-'22
F-A
1927
430'17
PLYMOUTH.
'10 A-0 $4,000c-Oct 1 '19-'20 4s '09 A-0 $10,000-Apr 15 '20-'29
Sewerage Bonds (outsidellmit).
This town Is In Plymouth County. 4s
'20-'28
1
ch
27.000c_M
-Mch '20-33
M-S
$42,000
'11
M-S
411
330'03
12,926.
1915,
Bonds.
n
Water
Inc. 1620. Populatio
4s '11 A-0 3,000c_Oct 1 '19-'21 330'05 A-0$192,0000-Apr 1 '20-'35 330'04 M-S130,000c&r.Sept 119-'44
Highway Bonds.
6.000o_Deo 1 '19-'21 430'13 J-D 10,000
eb 1 '20-'46
J-D
'11
67,100__F
4e
-A
F
48
1919-1928
'06
15
May
yrly
$2,200
$17,600
• 4s '16
3.500- _Feb 1 '20-'26
'12 M-S 37,270c_Mch 1 '20-'42
48 '06 F-A
4s '16 10,800__ 3,600 yrly July 1 48
Funding Bonds.
9.000c_Aug 1 '19-'27
4a '12 F-A
48 '06 M-S 42.000..Mch 1 '20-'36
'20-'25
20
00.Mar
4s '17 118,900- 2,100 yrly May 1
M-N345,0
48
'15
M-S 24,000c_Mar 1 '20-'27
Train'g-SchBds.(outsidelimip
1 8,000._ 2,000 yrly May 1 4348'13
Permanent Improvement Loans. 4s '12 J-D $54,000.. June 1 '20- 37
4.5 '13 A-0 10,000...Apr 1 '20-'24
Water Loans.
JVIay 1 1920 4a '13 --- 33,200---Jan 1 '1920
Police-Station Bonds
3800__..,_Aug 1 1919 4s'15 M-N 3,000c___
4s '94 F-A
6.000c_July 1 '19-'21
48 '12 M-S330,000o_ Mch 1 '20-'22
2 1919 4s '16 J-J
Fire,Department Loan.
4s '99 A-0 1,500____Oct1 '20-'21
1,000____Dec 1 1919
Channel Improvement.
37,800.Mch 15 '20-'22 4s '13 J-D
M-8
'
'12
45
330'01 M-N 2,000 __May
1919-1921
Revenue Bonds (Outside limit).
8.000 .Jan 1 '20-'27
10.000_ _ _July 1'19-'33 4s '16 ___ $6,000
4s '13 --330'03 J-J
_May 1 '20-'25
Bonds.
$6,000__
Water
'15-M-N
4s
'20-'21
15
'20-'32
c
15
-_Feb
6,000_De
___
48 '08 F-A 13.000
1919-1922 4s '16 -__
'17 -_- $12.000
Electric Equipment Bonds.
7,500..Apr 10 '20-'22
4s '17
330'05 M-N 4.200_Nov 15 '19-'25 4s Building
Bonds.
ct 1 '19-'22
A-0
$8,000__O
4s
'13
'19-'32
1
--July
14,000
J-J
45 '07
1919-1920
Municipal Loan.
Surikce Drainage Bonds.
2,000June 1 '20-'21 4s '17 __- $4,000
330'09 J-D
1919-1920 4s '12 M-N $8.400_May 15 '20-'22 4s '13 F-A $4.000__Feb 1 '20-'23
2,000
430'17 --'20-21
1
Engine-House Loan.
ay
7,200__M
4s '16 ___
Bonds.
Fire Dept. Bonds.
4s '05 M-S $5,000-..Sept 1 '19-'23 4343
9,000.._June 1520-22 4s Fire
1919 430'17 _-_
--- $3,000
-A $13,000..__Aug '19-'31
1920-1929 4s '16 F
4s '16 M-N 5,200-May 15 '20-'21
5s '19 --- 31,420
1P-A 13,760__Aug 1 '19-'32
Drainage Bonds.
Sewer Loans.
1919-1921
35,475
___
43s'17
Park Bonds.
Loan.
Public
Street
'19-'30
1
uly
34s03 J-J $12,000-J
Improvement Bonds.
4s '16 -__ $4,000__Dec 15 '20-'23 4s '07 J-J $8,000 __July 1 '19-'26
Street Loans.
$41,500____SePt 1 1919
Bonds.
Paving
Street
'20-'26
15
Loan.
000-May
Ext.
Water
&
M-N$15
Bridge
4s '16
41,000____Sept 1 1920
'19-'27
34,452 _Doc 4 1920 430'17 J-D 331,500__Juno
10,800-July 1'19-'21 430'18 M-S{117,000__
4s'16 J-J
Sept 1 '21-'23 4Yis'18
430'17 M-S 12,000__ _Sept '19-'24
Bonds.
Street
School Loans.
Nov. 7 1918.
Debt
1
uly
'19-'40
of
22,000c_J
Summary
J-D
430'18
1
'19-'24
uly
'19-'27
1
Sept
$8,400_-J
$63.000__
4s '04 J-J
$853,600 430'17 M-8
NET DEBT
TOT.BD,DT,May 1919 32,500,500
Refunding Bonds.
4s'13 A-0 5.000__Oct 1']9-'23 Park
12,000
debt (exempt)
outside limit__ 1,726,000
debts
Less
'20-'22
1
'20-'24
1
.June
Mar
_
18,000..
$30.000r.
M-S
J-D
334302
'14
4s
526.500
(exempt)
239,370
$910,227 Borrowing capacity
48.'16 J-J 36.000_July 1'19-'28 Sewer debt (exemnt)
474,500 TOT. DEBT Jan 1 '1935,179,700
472,250 Assess val. real
TOT. DEBT Jan 1 '19.-- $203.900 Water
60,000 Debt outside limit
(exempt)
7,233,208
personal
Refunding
val.
Assess
65,000
437,977
(add'1)
limit
inside
debt
Debt
Floating
34.600
42,412,903
50.500 Street (exempt)
167,808 Total valuation 1918
Borrowing capacity
Water debt (Incl)
12.927.900 TOTAL DEBT incl. debts
111,077 Tax rate (per $1,000) 1918- _326.50
Notes due.in 1918
Assess. val. real estate
Boston
not incurred_ _$2.010.7C10 Assessed
but
eNat.Bk.
at
auth.
Merchant
INT.
00
4,540,900
_23.063,6
real_
,
personal
valuation
val.
Assess.
'18 3390,936
or City Treasurer's office.
17.468.800 Borrow. capacity Sept 1-43,212.
Total assess. val. 1918
725 Assessed van, personal... 1.620,700
valuation, real
Tax rate (per $1.000) 1918-$19.20 Assessed
JUNE, 1919.]
MASSACHUSETTS-CITIES AND TOWNS.
33
SAUGUS.
Assessed val'n, personal_$12,160,880 Tot.
This town is in Essex County. Total
water debt Apr
valuation 1918
84.639,280 Less sinking fund 1 191931.955,000 3348'08 J-D $20,000r_ __Dec 1 1938
Population 1915, 10,226.
Tax rate (per ELMO) 1918_
201,311 48 '09 J-D 20,000c___Dec 1 1939
--$23.20
Water Loan.
Populat
ion
4s '10 J-D 15,000r_ _Dec
1910.77.236; 1915_86.854
1940
48'03-04.-- $6,500_ __ _Dec 1 1919
Net water debt
$1,753,189 4s '11 J-D 15,000c___Dec 1
INT.
on
coupon
1 1941
bonds
4s '15 --_
Dwight
St.
payable at
3,100__May 1 '20-'25 Nationa
Widening and
4s
'12 J-D 15,000____Dec 1 1942
l
Security Bank, Boston.
330'09 _ -Extension Loan
3,O00- --Dec 1 1920
960,000
48 '13 J-D 10,000__Dec 1 '19-'28
Coupon bonds may be changed for Municipal group buildin
4s '10
- 18,000_July 10 '19-'38
gs
4s '14 J-D 11.000__Dec '19-'29
4s '13 --(exempt)
1,250__May 1 1920 registered bonds if application is
1,407,000 4s '15 J-D 17.000r_Dec 11 '19-'35
430'13 --4.500-_Aug 1 '20-'22 made prior to one year of maturity Dwight and Water Street
4s '16 ___
13,000
1919-1931
underpasses
430
23,000__May 1 '20-'42 of bonds.
500,000
City Bonds.
In place of an accumulating sinking Another debt (exempt)._
430'14
4,500May 1 '20-'28
4,290,500 334s'04 J-D $33.500c&r_June 1 1924
4s '16 M-N 8,500 May 1 '20-'36 fund, the city raises each year by tax- Leessink.fds__
905,55
3
43 '08 J-D 16.000c&r_Dec 1 1928
ation a sum of money which is applied
School-House Loan.
4s '09 J-D 30,000....June 1 1929
4s '05 -- $50,100 _Aug 1 '19-'35 to the redemption of bonds, which Net debt excl. of water
4s '10 J-D 25,000c___June 1 1920
4s '10 -- 16.000 --May 1 '20-'35 when paid are canceled.
and exempted debt...... 3,385,447 4s
'11 J-D 35,000eAr_June 1 1921
4s '10 1,000 _-_July 1 1919
45
'11 J-D 11,000r_ _ _June 1
4s '16 M-N 61,300May 1 '20-'36 SOUT'HBRIDGE.
Tot. net debt Apr 1 '1948,006,137
4s '07 J-D 12,000r_ __Dec 1 1931
TOT.BD.DT. Dec 31 '16_ $272,000
Valuati
1927
on
city
prop
1917.319.305.390 4s '10 J-D 13,183.33r
This town is in Worcester County.
Dec 1 1920
Water bonds (included)__
ASSESSED VALUATION.
107,000
-Real Is '12 J-J
Sewer Bonds.
4,000r___July 1 1922
Temporary loans (add'1)__
estate is taken at abt. 100% cash val. 49
60.000 __ '09 .._ $20,000
'12 J-D 39,000c&r_June
1930 Assessed val.. real
Sinking fund and cash____
12.394 __ '00 ___ 30.000
8,140 4348'13 J-D 32,000___ _June 11 1922
1929 Assessed val., personal_ $175,11
Assessed valuation, real_ __7,189
1923
§26,668,629 430'13 J-D 85,000_
School Bonds.
.697
_June 1 '20-'33
Assessed valuation, pers'I__ 623,104
Tot. assess. val. 1918
201,786,769 430'16 J-D 42,242„June
__ '16 ___ $67,500
Total valuation 1918
1 '20-'28
7,812.801 TOT. FD. DT. May 1 '19 $83,600 Tax rate (per MOW) 1918- -418.50 4s '17 J-D
9,700_
__June '19-'46
Total tax (per $1,000) 1918--$27.95 Floating debt (add'!)
f Reduced by returning part of 430'17
J-D 18,000...June
40,000 valuation to State.
Sinking fund
43.0'17 J-D 105,300___June '19-'37
33,000
SCITUATE.
'19-'27
Assessed val., real
4s
'17
___
6,232,8
10,000_
70 STONEHAM.
_Dec 1 '20-'29
This town is in Plymouth County. Assessed val., personal
Street-Improvement Bonds.
......2.779.980
This
School Bonds.
town
is
in
Middles
Total valuation 1918
9,186,355 Inc. 1725. Popula. 1915, ex County. 4s '15 J-D $5,000 _ __June 1 1920
4s
$10,000-_Nov 9 '10-'20 Tax rate (per $1,000) 1918___
7,489.
4s '16 J-J
$25.00 _s
„June 1 '20-'21
Road Bonds.
$1,500____Nov 1 1919 4s '16 J-D 10,000
Population in 1915
7,000__June 1 '20-'26
14,217
4s
Sewer Bonds.
$5,000____Nov 9 1921
430'17
14,400
1919-1927
4s
J D $58.000_June 1 '20-'30 430'17
9 1924
___
9,900
1919-1927
4s
Water Bonds,
Variou
SOUTH HADLEY.
s Bonds.
430'17 ___
2,400
1919-1922
330
4s
This town is in Hampshire County
$50,000c_May 1 '20-'29 430'17 -__
-__ $10,000_ _Nov 9 '22-'23
19,800
1919-1927
4$
High-School Bonds.
M-Ni10
i .000c_May 1 '30-'31 434s'18
Highway Notes.
_June 1 '20-'26
4s
$22,500_July 6 '19-'36 4s '09 ___ $1,000____Aug 1 1919
16.000c_June 1 '20-'35 430'18 ___ 35,000_
7,500_ _June 1 '20-'27
Police & -ire Station Bonds.
4s
12,000_Mar 1 '20-'31 4s '09 _
750___Dec 11 '1919
Water
Bonds
(outside
debt limit).
4s
Public Landing Bonds.
$18,000
Street Improvement Bonds.
1920-1925 4s '9!' J-J
$4.000r_ __July 1 1919
49$8,400-Mar 4 '20-25 48 '12 ___ $2.000__Sept 1 '19-'20
20,000
35 4s '00 J-J
40,000c&r_July 1 1930
BOND. DEBT June 1914..1926-19
Funded -debt Dec 31 '18___ _S75,300
Building Bonds.
$206,00
0
48
J-J
30.000c
&r Jan 1 1920
Assess. val. real estate..__ 5,250.365 4s '13 ___ $52.500__Oct 1 '19-'33 Notes outstanding
25,000 Is
J-J 506,500cScr July 1 1922
Assess. val. personal
3,500__June 1 '20-'26 Assessed valuation, real_5.723,185 4s '92 J-J
931,105 4s '14 -__
10,000r___Jan 1 1922
Assessed val'n, personal_ _ _
Total assess. val.'18 (act.)_6,181,470
Sewer Bonds.
678,135
334s'03
J-J
10,000c_ __Jan 1 1923
Tax rate (per $1,000) 1918-418.80 430'13 -__ $4.000„Nov 1 '19-'22 Total valuation 1918
6,401,320 330'04 J-J
10.000c_ __Jan 1 1934
Total tax (per $1,000) 1918Population in 1915
Municipal Light Bonds.
2,661
0 3 30'04 J-J
5,000r_ --July 1 1934
INT. at First Nat. Bank,--$27.1
43 '15 ___ :32,000 _ _Jan 1 '20-35
Boston.
330'05
J-J
15,000c&r_Jan 1 1935
SHARON.
BOND.DEBT Apr 14 1919 $102,500 STOUGHTON.
330'06 J-J
10,000c
_ __Jan 1 1936
A town in Norfolk County.
Floating debt
This town is in Norfolk
20,000
4s '08 J-J
20,000r_ __J&J 1 1938
School Bonds.
Sinking fund
8,163 Incorporated Dec. 22 1726. County 330'09 J-J
7,000c_
__Jan 1 1939
4s
.
$4.000.__JulY 1 '19-'20 Assessed valuation, real
3.983,863 Highway loan
J-J 107,040....JJ
$2,000 4s
Assessed val'n, personal...-. 755,688
'10
Water Bonds.
Water Loan.
4s'15 J-J
16,000__Jan 1 '20-'35
4s '96
___ $8,000- __Oct 1 '19-'26 Total valuation 1918_- _ _4,739,551 48
A-0436,000c_ __Part yearly 4s '15 J-J
7,000___July '19-'25
4s '98
___ 5.000___Apr 1 '20-'24 Tax rate (per $1,000) 1918-$19.00 4s
J-D x51,000c_ __Part yearly Is
J-J
12,000____Jan '20-'31
45 '04
_- 5,000-__Apr 1 '25-'29 Population 1910, 4,894; 1915. 5.179 4s
J-J
a6.000c_ __Part yearly 4s '18 __9,000..
. _Jan '20-'28
4s '05 --- 6,000--Apr 1 '20-'26
ilRefunding Bonds.
Elec. Lt. Bonds (outside debt limit)
430'13 - _Aug 1 '19-'33
430
J-J $28.000c_ __Part yearly 4s '97 J-D$125
.000cdcr_June 1 1927
BOND. DEBT
15,000_
Jan 1-'19_ $45,000 SO, HADLEY FIRE D. NO. 2.
BOND
&
NOTE
45 '98 J-D
DEBT
This district is in Hampshire Co.
5,000r...-Dec 1 1928
Assessed val., real
2,994,675
Apr 1919
Water Bonds.
$126,000 330'O0 J-D
3.000r_ _Dec 1 1920
Assessed val., personal
528,274
Assessed val., real
4,072,403 330'02 J-D 175,000cdcr_June 1 1932
Total valuation 1918
3,522.949 4a '11 J-J $94,000._..Jan 2 '20-'41 Assessed val., personal
1.563,202 Is '07 J-D 45,000c&r_J'ne 1 1937
Tax rate (per $1,000) 1918_-_$17.00 ts '12 J-J
6,000
BOND.DEBT Apr.!, 1916_ $60,000 Total valuation 1918
5,635,605 430'13 J-D 40,320r_June 1 '20-43
Population in 1915
2,468 Asses.
Total tax rate (per $1.00)'18426
Fire Equipment Bonds.
val.'15 (abt. act.)___ 832,899 Pop'n
.60
1915,6,982; 1918 (est.)_
434s'18
$4,000
SHELBURNE FALLS FIRE DIST. District tax (per $1,000) 1915 -44.30
1920-1923
INT. on bonds marked (x) _6,969
Park Bonds.
at the
This district is in Franklin County. INT. at Old Colony Tr. Co., Boston. Old
Colony
Tr.
Co., Bost.;(a) at Ex- 4s '16 ___ $9,400
4s '11 M-N$66.000c_ _ _1919-1940
1919-19
46
change Tr. Co.: (I) at Int. Tr. Co. 434s'18 ___
8,000
430'13 -_
12.000-Mar 1 '20-'43 SPRINGFIELD.
1920-1948
Sewer Bonds.
BOND.DEBT Apr 1919-- $78,000
This city is in Hampden County. SWAMPSCOTT.
__ $13,000
Assess. valuation 1918____1,857,945 Inc. a city May 25
1919-1931
This town is in Essex Co. lncorp. 43 '161852. Pop'n '15,
High School Bonds.
Tax rate (Per $1.000 1918
May 211852. Pop'n 1915. 7,345.
$3.10 102,971.
430'16 ___ $143,000
INT. at First Nat. Bank, Boston.
1919-19
36
Sewer
Notes.
School and Fire Loan.
.4.'
4s '16
1920-1937
430'14M1919-1938
load Bonds,
$78.000_Nov 1 '19-'24 4s '16 ____ $20.000
SOMERVILLE.
6.270
1919-19
430'17
31
120,00
$36,000
1919-1922
This city is in Middlesex County
a City-Hail Loan.0_Nov 1 '25-'34 430'17 ___ 11.000c_Jtme 1 '20-'41 430'17 ___ 16,000
1919-1922
Sidewalk Notes.
and was incorporated in 1872.
43 g '07 J-J $76,000r_July 1
Bridge Bonds.
'19-'27 4s '16 -__ 37,740
Highway Bonds.
($9.000 even years, $8,000 odd
1919-1921 434s'17
31.800
22
Water Notes.
4s '14 A-0 $35.000c_Apr 1 '20-'24
years).
Bonds exempt from limit421919-19
& Pc:dike Bldg. Bonds.
,119,600
4s '16 -__ $1,500
4s '15 A-0 36,000c&r Apr 1 '20-25 as Fire
1919-1927 Debt within limit
g '10 A-0 $201,000r_Oct
748.018
33.0'16 J-J
4,070__June 1 '20-41 TOT. BD. DT.
1 '19-'30 430'17
71.000_ _Jan 1 '-2026
May
Locust St. Extension.
Street-Improvement Notes.
4s '16 J-J 19,000c__July 1 '19-26
Water sinking funds 1918 2,867.618
505,427
4s '17 A-0 85.000„Apr 1 '20-'27 43 g '11 A-0 $6,000r_Oct 1 '19-'21 430'14 ___ $12.000___Oct 1 '19-'24 Elec-light sinking
funds
Fulton Street Bonds.
162,260
Miscellaneous Loan Bonds.
430'17 J-J
8,000c_July 1 '19-'22 430'14
Sewer sinking funds
M-N$320,000_Nov 1 '19-34
315,066
$1,500c
City Bonds.
1919
Municip
al
sinking
funds
Munici
pal Building Bonds.
434s'13 J-J
252,043
34s'02 J-J $11,010c_July 1 '19-'22
1.400c___July 1 192
Total
1
0
9
sinking
1,234,800
43 '99 J-J
2,000c___July 1 1910 33413'09 M-N $465,000_Nov 1 '19-'49
3,000c_July 1 '21-23 Assesse val.,funds
real
20,922,260
Public Park & Town Hall Bonds Assessed
330'00 J-J
8,000c_July 1 19-'2O ts g '10 NI-N 320,000_Nov 1 '10-'50
d val., personal
6,769,560
330'01 J-J
$7,500c_July 1 '19-33 Total valuati
12.000c_July 1 '19-'20 4s g '12 M-N 442,000_Nov 1 '19-'52 430'13 J-J
on 1918-27,691.820
Fire Bonds.
4s '03 J-J
20,000c_July 1 '19-'23 Is '14 M-N 180,000_Nov 1 '19-'54
rate (per 31,000) 1918 --$25.4
Municipal Loan Bonds.
430'13 J-J 1$3,000c_July 1 '19-'21 Tax
4s '03 A-0 10,000c_Oct 1 '19-'23
0
INTEREST on coupon bonds
1
is
4s '04 J-J
15,0000..July 1'19-'24 43.ig'13 M-N$25,000r_ _Nov 1 '19-'23
500...July 1 1922 payable at the Webste
r & Atlas Nat,.
Land and Buildings Loan.
330'05 A-0 18,000r__Apr 1 '20-25
Humphrey St. Impt. Bonds.
Bank
of
Boston.
Registe
430g'1
red inter7M-Na285,000c_Nov 1 '19-37 4s '14 J-D $40.000 -1919-1934 est
3,000r __July 1 '20-'21
48 '06 J-J
remitted by City Treasurer.
Sewer Bonds.
School Bonds.
4s '07 A-0 22,000c__Apr 1 '20-'27
RY.
M-S$114,528 __Sept 1 '19-'42 TISBU
4s '08 A-0
9,0000__Apr 1 '20-'28 3 Mg'00 J-D $20,000r. Dec 1 1919 3345
This
town
(P.
0.
Vineyar
d Haven)
30'09 A-0 20,000c_Apr 1 '20-'29 3s g '00 J-Da125,000 __June 1 1920 4s
31-S 14,000 __Sept 1 '19-25 is in Dukes Co.
Inc.
4s '10 A-0 40,000c_Apr 1 '20-'30 3 Mg'01 M-S 125,000r. __Sept 1 1921 45 '11 ___
2,000
1919-1920 Population 1915, 1.324.July 6 1671.
5,000c_July 1 '19-'28
4s '11 A-0 56,000c_A r 1 '20-'31 33ig'02 A-0 55,000r_ _Oct 1 1922 430'13 J-J
School
Bonds.
47,000c__ an 1 '20-'32 3 Mg'03 14-S a40,000c&rSept
45 12 J-J
1919-1934 4s
1 1923 430'17 M-N 8,000
A-0 $7,800r
1930
Water Bonds.
4s '12 J-J 106,000c_July 1 '19-'32 3
396.000r_Jan 1 1925
Water-Works Bonds.
3 Ms g F-A$150,000 _ -Aug 1 1928 4s '06
430'13 A-0 40,000c_Apr 1 '20-'23 4s g '06 M-Na207,000r. _-Nov 1
1926
S 869.000c_Sept 1 '19-'38
45 g '08 A-0 55,500r __Oct 1 '19-'28 3 34g'09 A-0 60.000c_Apr 1 '20-'39 BOND.M
Public Building Bonds.
DEBT Apr 1919- $76,800
4s '15 J-J $78,000c&r Jan!'20-35 49 g '09 A-0 55,000r__Oct 1 '19-'29 434s'17 M-N 6,000
1919-1930 Note debt
Department Equipment Loan. Assesse
500
22,000c&rJuly 1'1934 4 Ug'13 M-N165,000r__Nov 1 '19-33
45 '15 J-J
d val., real
430'171
\1-N
$5,000
4s '16 A-0 73,125cdtr.Apr 1 '20-'34
128,000__Nov 1 '19-32
1919 Assessed val., personal... 1.784,110
314,398
2,000
4s '16 J-J
8,000c_July 1 '19-'26 43ig'13 M-N1 1,500-__Nov 1 1933
1920 Total valuation 1918
2,098,508
4s '16 J-J
2,000
15.000c_July 1 '19-21 4s g '13 M-N375,000c_ _Nov 1 '19-33
1921-1922 Total tax (per $1.000)
1918..$14.O0
Street Loan.
43,0'17 J-J
85,000c_July 1 '19-'37 430'14M-N 48,000_Nov 1 '19-'24
INT. on water bonds at Martha
Municipal Loan.
's
1919-1921 Vineyard Nat. Bk.,
70.000„Nov 1 25-34 430'17 M-N J$3,000
d Haven;
430'13 J-J $39000c_July 1 '19-'23 4 g'15 M-N 126,000c_Nov 1 '19-'25
1 500
1922 on school bonds at Vineyar
Lynn Five-Cent
School Loans.
Lowell St. Bridge Bonds,
170,000c_Nov 1 '26-'35
Savings
Bank.
3 M s'09 A-0 $30,0000&rApr 1 '20-'49 4s '16 M- 486,000r_Nov 1 '19-'36 as 11 ___ $56,875
1919-1931
43is15 M-N112,000c_May 1 '19-'22
Sewer Bonds (outside limit).
a Public Building Loan.
DGE.
126.000c_May 1 '23-35 UXBRI
4s '95 J-J $21,000 __July 1 '19-'25 4s'g '11 A-0$208,000r_ _Oct 1 '19-31
This town is in Worcester County
430'17
Sewer Bonds Onside limit).
1,000c_June 1 '20-'21 Incorpo
.
Street Ext. Bonds.
rated as a town June 27 1727.
Town Debt Jan. 1 1919.
45 '97 J-J
$4,000c_July 1 '19-'22 48 g '08 A-0 $20,000r___ _Oct 1 1919
Water Loans
$60,500
4s '98 J-J
5,0000_July 1 '19-'23 4s g '15 M-N 49.000r_Nov 1 '19-25 Perm, Impt. Notes & Bds_$2
22
65
0
:
7
6
00
50
School
Notes.
3 ms'01 J-J
1:3,000c_July 1 '19-'31 430'17 J-D 760.000_ _Dec 1 '19-'37 Sower debt (add'!)
4s '12
$14,000
Serially
3)0'02 J-J
9,000cdcrJuly 1'19-'27
Dwight St. Widening St Ext. L'n Water debt (addl)
243,300
Refunding Loan.
Water sinking fund
4s '03 J-J
10,000c&rJuly1'19-'28 _s '17 J-D 760,000c&rDec 1 '19-37 Assesse
92,272 4348'12
$1,100___Dec 15 1919
d val., real
49 '04 J-J
11,000c_July 1 '19-'29 430'18 J-D 200,000c&r_Dec '19-'38
12,619.
556
Street Loans.
Assessed val., personal
'330'05 A-0 16,000r_Apr 1 '20-'35
Railroad Under-Pass Bonds.
1,110,776 4s '12 __
$1,000____Oct 1 1919
45 '06 J-J
8,0000_July 1 '19-'26 4s g '13 M-N f $70,000Nov 1 '19-'23 Total valuation 1918
13.730,332 4s '17 _
$18,000
rate (per $1,000) 1918- -420.0
1919-1927
48 '07 A-0 36,000r _Apr 1 '20-'37
1 260.000Nov 1 '24-'43 Tax
0 BOND.
Dec 31 1918 91,600
45 '08 A-0 19,000o __Apr 1 '20-'38 4s g '15 M-N170,000c_Nov 1 '19-'35 Population 1910, 6.204; 1915, 7,345 FloatingDEBT
debt
INT. at 1st Nat. Bank, Boston.
3)0'09 A-0 20,000c&rApr 1 '20-'39
None
Park Bonds.
Water
debt
(included)
60,000
4s '10 A-0 21.000c&rApr 1
3%g'03 J-D $125,000r -June 1 1923 TAUNTON.
This city is In Bristol County. Assess. val. real estate
2,864,320
4s '11 A-0 12,000cScrApr 1'20-'40
Sewer Bonds.
Assess.
'20-'31
val.
persona
l
1.489,455
4s '12 J-J
8,0000 _Jan 1 '20-'27 35 g '00 J-D a$142,000 __June 1 1930 Inc. May 111864. Pop'n '15.36,161.
Tot.assess.val.'18(60%act.)4,359.90
School Bonds.
430'13 A-0 24,000c&rApr 1 '20-'43
3 Mg'01 3.1-S
8,000r_Sept 1919-'26 43013
rate (per $1,000) 1918__..$17.000
J-D $70,000_ _June 1 '20-'33 Tax
4s '14 A-0 15,000c-Apr 1 '20-'34 334g'04 F-A 12,000r_Aug 1 '19-'24
Populat
ion
in
1915
3Ms'16 J-J
4.929
12,000c_Jan 1 '20-'25 4s g '08 A-0 25,000r __Oct 1 '19-'28 4s '15 J-D
7,000_June 1 '20-'26
4s '17 A-0
3.000..Apr 1 '20-'22 45 g '13 M-N 40,000r_Nov 1 '19-'38 4s '16 J-D 12,000r_June 1 '20-'31 WAKEFIELD.
430'17 ___ 53,200
Water Bonds (Outside Limit).
Water Bonds.
1919-19
37
This
town
4s '89 A-0 $2,000r ___Oct 1 1919 3348'90 A-0$125,000o_ __Oct 1 1920 43(s'16 J-D 180,000....Dec '18-'36 Inc. 1868. is In Middlesex County.
Popula'n '15. 12,781.
Sewer Bonds (outside debt limit).
4s g '93 A-0 150,000o_ -Oct 1 1923
4s'90 A-0 4,0000-Oct 1 '19-20
Sewer Bonds.
4s g '07 J-J al70,000 __Jan 1 '20-'36 45 '97 J-D $8.3,500cdcr_June 1 1927
Park Bonds (outside limit).
334s
M-N$60,000c_Nov 1 '21-'30
4s
'98
J-D
3348'02 J-J $11,000o&rJuly
4s
g
66,500
'08
J-J
r_J&D
al80,000___Jan 1 '20-'37
1 1928 33.48
1'19-'29 3
M-N 10,000c_Nov 1 '19-'20
3,g'09 J-J a760,000_ __Jan 1 '20-'38 4s '99 J-D 30,000r_ _June 1 1929 330
Emergency Bonds.
M-N 100.000c__Nov 1'31-'4
4s '00 J-D 75,000c&r_J'ne 1 1930 330
1
4 s'17 J-J $20,000c_July 1 '19-'22 3 Ms'10 J-J 280,000c __Jan 1 '20-'39 3
A-0
13,000___Oct 1 '23-35
WOO
J-D
100,00
43ig'13
0c&r_Dec 1 1930
M-N200,000__Nov 1 '19-38
T. DEBT Apr 10 '19-$1
Fire Apparatus Bonds.
00 4s '16 M-N 90,000
330'02 J-D 20.000r_ --June 1 1932
Less debts outside limit._ ,347,0
__Nov
'19-'36
1
4s-.
$900
38,000
330'03 J-D 12,000r_ __June 1 1933
a Coupon or registered.
1919
Total borrowing capacity.. 705,198
School Loans.
330'05 J-D 13,000r_ __June 1 1935 430
INTEREST payable
Assessed valuation, real--72,478
First Nat. 4s '06 J-D
0 $4,500c_Oct 1 '19-'21
,400 Bank, Boston and City at
30,000c&r_June 1 1936 48 '13 A
Treasurer.
M S 10,000c_Mar 1 '20-'23
45 '07 J-D
3,000r.....June 1 1937 430
--23,500 __Sept '19-'37
36
MASSACHUSETTS-CITIES AND TOWNS.
[VOL. 108.
Permanent Street Bonds.
School Bonds.
INT. on coupon bonds is payable
(Concluded)A-0 $30,000
$32,000c_Sept 1 '19-'24 5s
at the Boston Safe Deposit & Trust 48 '05 M-9
Water Bonds.
'20-'29
Water Meter Notes.
1
Mar
43 '10 M-S 50,000__
$25,000--Apr 1 1929
48 '12 A-0 $4,500__Apr 1 '20-'22 Co., Boston.
2,000„Sept 1 1919 48 g"
M-S
'11
4s
A-0 25,000.--Oct 1 1930
J-D $7,500-.June 2 '19-'23
4s
DEBT Apr 2'19. $500,500 4s g
WARE. is in Hampshire County. BOND.
165,000...--Apr 1 1927
_
4s
Water-Main Notes.
131,000
Water debt (included)._
1930
This town
J-J $3,000_June 2 '19-'21
5,901 3)4s g A-0 50,000-- -.Oct 1 1930
4Ms
Water sinking fund
Incorporated in 1775.
26,000 - -.191848
'05
Municipal Light Loan.
454,021
g
capacity
Borrowin
$40,820
16
'19.
Apr
1933
DEBT
1
BOND.
..Nov
1
.
'19-'24
_Oct
$25,0000.
M-N
$54,000c
g
4s
A-0
48 '94
13,207,315
4,058.535 Assessed val., real
$9,000
Assess, real estate
1,926,734 Bridge bonds 1907
Gas & Electric Light Bonds.
2,110,705 Assessed val., personal_ 15,134,04
$311,000
'18
31
Dec
DEBT
BOND.
9
--- $2,000.__ May 1920 Assessed personal
u
6,169,240 Total valuation 1918
324,500
Tot. assess. val. 1918..
Water debt(addl)
Water Bonds.
Total tax (per 51.000) 1918.-512.60 Floating
30,000
debt (add'1)
A-0 $155.000c_Oct 1 '19-'33 Tax rate (per $1,000) 1913___319.80
4s
INT.at Boston Safe Dep.&Tr.C)o. Sinking fund
181,228
PERM'T DEBT Apr23'19 $459,4003 Pop'n 1915, 9,346; 1919 (est.)10,000
4
11,175,25
8
real
val.,
10,689,59
Assessed
Assessed val., real
2,452,409
Assessed val., personal.. 2.056,186
Assessed val., personal
WESTBOROUGH.
OWN.
3,400
prop
13,142,007 WATERT
assess.
Other
Inc.
Co.
r
Total valuation 1918
This town is in Worceste
This town is in Middlesex County.
13,234,840
Total valuation 1918
Total tax (per $1,000) 1918- -426.50 Inc. Sept. 17 1630. Pop.'15,16,515. Nov. 1717. Popula. '15, 5,925.
Total tax (per $1,000) 1919__-$20.00
INT. at Commonwealth Tr. Co.
School-House Loans.
Notes.
Equip.
Dept.
Boston.
Ca.,
Trust
and Old Colony
INT. at Old Colony Tr. Co.,Bost.
4s '05 M-N $18,000c_May 1 '20-'25 4s
$900...._Nov 1 1919
48 '13 M-N 42,000c_May 1 '20-'33 4s
3,000___Nov 1 '19-'21
WALPOLE.
4Ms'14 J-D 8,000c_Dec 1 '19-'26
Sewer Bonds.
WEYMOUTH.
4,000_May 1'20-'23
This town is in Norfolk County. 44s•
M-N $31,000r ........1922
This town is in Norfolk County.
Inc. 1724. Population '16. 5.490. 4s '15 M-N 57,000c_May l' 20-'35 48
-.1926 Incorporated 1635. The town's total
M-N 10,0000
School Bonds.
V. 100. p. 1619, for maturity) 45
(See
1
1928
M-N 30,0000_ .._Nov
assets on Jan. 1 1916 were figured to
1,000____Dec 1 1919 3)4s
430'13 J4 $40,000-_July 1 '19-'26 4Ms'14
Apr 1939 4s '10 M-N 11,000-1(ay 1 '20-'30 be $1,324,396; Including water-works
Water Bonds.
5s '19 A-0 100,000
property valued at 5590,425.
F-A $28.000c_Aug 1 '19-'25
43
Water Bonds.
Street Loans.
Water Refunding Bonds.
M-9 $2,000___Sept 16 1919
43s'18 __ 45,000.._June 1 '20-'48 33is'05 M-N $24,0000.May 1 '20-'23 4s
M-IsTf$75.000_Nov 1 '19-'33
1920
434s'14
........
Loans.
5,000r
M-9
Miscellaneous
48 07 M-N 20,000c_May 1 '20-'23 4s
1 3,000___Nov 1 1934
1925
M-S 19,000c
Water ext 4s $4,500r_Oct 11 '19-'22 4Ms'14 J-J
uly 1 1919 48
1,000c__J
Water Certificates (reg.).
1,200__Aug 6 '19-'20 4s '16 M-N 48,000c_Nov 1 '19-26 48
M-N 6,0000- --Nov 1 1925
do
$1,000____Nov 1 1921
M-N
1919
4s
15
_Aug
500-_
do
'17 A-0 3 ,000c_ -Apr 1 '20-'22
School Notes.
Bonds.
1,500_Aug 15 '19-20 4s'17
Surf. drain.
A-0 32,000c__Apr 1 '20-'27 4.'06 M-N$12.250 -----1919-1925 4s WaterM-N$21,000c___Nov 1 1919
3,000-Sept 20'19-'21 4s
Water -is
5s '18 A-0 •36,000__Apr 1 '20-'28 BOND. DEBT Jan 1 19 $115,000 48
M-N 29.000c.....Nov 1 1920
5,000_May 1 '20-'24 58
Park 44s
27,900 is
'19 A-0 123,000__Apr 1 '20-'29 Note Debt Jan 1 1919_ _ _
M-N 14,0000-Nov 1 1921
East St. 4s 14.000-Aug 15 '19-'20
142,900 4Ms'14
Surface Drainage Notes.
Total debt Jan 1 1919____
2,000____May 1 1920
M-NI
1922
27
__Mch
3.240
4
High-sch.
54,521
4s '16 A-0 $11,000__Apr 1 '20-'30 Sinking funds
1 1.000____May 1 1921
School 4 Ms J-D 8,000._ _ Dec 1 '19-21
25,736 45
Station & Site Loans.
Borrow. capac. Jan 1
___ 10,000__May 1 '20-'26
500.._ _June 19 1919 4s Fire
Fire sta'n 4s..
'19-'21
1
uly
'19...
2,774,141
'11 J-J $3,000c_J
Assessed val., real
6,500._July 1 '19-'31
Main street.. 12,000__Oct 1 '19-21
580,380 4s School Notes,
Assessed val., personal
Drainage Loans.
BOND.DEBT Apr 14 1919 $272,440
valuation 1918-- 3,354,521 3348
May 1 1920.
$2,500c.
M-N
187,200 4s '10 M-S $3,500-- --Sept 1 1920 Assess.
Water debt (included).
8- -.520.50 48
.
2,000o_July 1 '19-'20 Total tax (per $1.000) 191
5,000--Nov 1 '19-'23
F-A
5,182.120 43 '11 J-J
Assessed val., real
1 '19-'31
4s '07 M-N 35,000 __Nov 1 '20-'26
2,229.655 48 '15 J-J 13,000c_July
Assessed val., personal
ELD.
4,000__Aug 1 '19-'20
436s'13 F-A
7,411,775 4s '17 A-0 5,600c__Apr 1 '20-'22 WESTFL
Total valuation 1918
This town is in Hampden Co. Inc.
4Ms'17 A-0 6,000c__Oct 1 '19-'24
School Bonds.
(Assessment at fair cash value.)
pr 2 '20-'26 May 29 1669. Pop'n '15. 18,411.
$28.000c_Oct 1 '19-'25
4s '15 _
Total tax (per $1,000) 1918....$19.00 45 '17 A-0 7,000__A
ct 1 '19-'24
Auto Fire Apparatus.
Bridge Bonds.
INT. payable at the First Nat. 4Ms'17 A-0 6,000__O
5s '19 A-0 44,000..__Apr 1 1920 4s '16 F-A $20,000c_Aug 1 '19-'28 4s '17 J-J $38,000__July 1 '19-'37
Bank, Boston.
2,000____Julv 1 1919
J-D
4s '16 J-D 13,000-_Dec 1 '19-'31 434s
Drainage and Sewer Bonds.
6,000c_July 1 '19-'24 BOND.DEBT Apr 1 '19- $286,500
A-0 $t.000__Apr 1 '20-'21 4Ms'17 J-D
'12
48
164,500
'20-'24
1
pr
5,000__A
Water debt
WALTHAM.
-_- 10.300-July '19-'24 4s '17 J-D
4s
100,000
Floating debt & notes.- _
This city is in Middlesex County.
School Bonds.
26,989
1
'19-'28
Water Loans.
July
$50,000c_
eneral
SinkingG
J-J
Inc. as a town 1738; city June 2 1884
4Ms'13
69,681
334s'99 J-J $90.0000_Jan 1 '20-'29 48 '14 M-9 20,000c-Mar 1 '20-'29 funds Water
'
State Aid Loan.
1
uly '19-'34 4Ms'14 M-N 16,000__Nov 1 '19-'34 Assessedval., real
11,302,982
5Ms'18 J-J $18,000c___July 1 1919 48 '04 J-J 80.000c_J
1
'19-'20
ov
2,000c_N
M-N
1,736,665
..
4s
'16
'19-'25
1
personal..
v
val.,
000c-No
Assess.
Building Bonds.
Oct 1 '19-'22 4s '15 M-NI28,
_Nov 1 '26-'35 Total val. 1918 (act.)-- - _13,039,647
3 Ms'02 J-J $22,000c_ -Jan 1 1922 4)4s'17 A-0 4,000c__Apr
1 '20-'23 4s '15 F-A 124.000c
4,000c_July 1 '19-'22 58 '18 A-0 11,000__
1,000__Aug 1 '19-'20 Tax rate (per $1,000) 1918__321.20
434s'07 J-J
1
1920
Jan
1,000r___
Population in 1910,12.895;'1513.969
4s '15 J-J
Water Bonds.
High-School Loans.
4s '15 J-J 48,000r-Jan 1 '20-'35 4s '10 A-0 $50,0000_Jan 1 '20-'29 48 '07 A-0 516,000_0ot 1 '19-'22
INT. on town and school debt at
1920
'19-'27
1
1
Jan
ly
1
'19-'20
1,000r___
ov
9,000-Ju
I
J-J
4,000o_N
M-N
J-J
'02
4s
48 '17
4s '10
Town Treasurer's office; other loans
Jan 1921 4s '12 J-J
600r
9,000_ -July 1 '19-'21
Highway Bonds.
the First Nat. Rank. Boston.
at
M-N I 4,000c_May 1 '20-'21 4s '10 A-0 $17,000-Oct 1 '19-'20
Water Bonds.
1920 4)4s'17
116,0000-May 1 '22-'37 4s '11 A-0 4,500__-Oct 1 '19-'21
330'00 A-0 $20.000c_A&O 1'19-20
N.
WHITMA
1
Gas and Light Bonds.
3s'05 A-0 5,400c&r Oct
• Refunding Loans.
This town is in Plymouth Co. Inc.
M-N $34,000-May 1 '20-'36 3 3-4s'99 J-D 843,000-June 1 '20-'29
48 '06 A-0 16,000c__Oct 1 '19-'26 48
Pop'n 1915.7.520.
4
'19-'27
1875.
1
'19-'32
1
March
ly
Oct
1
'19-'23
ly
14.000__
9,000c_Ju
A-0
5,0000_Ju
J-J
'07
48
04507
48 '11 J-J
15,000r_July 1 '19-'33
4s '09 A-0 16,000__Oct 1 '19-'34 u Town Water Bonds.
430'13 J-J
Sewer Loans.
M-S $20,000r ........1925
4,000r__Jan 1 '20-'21 4s '10 M-S $5,500-- --Sept 1 1920 4s '10 A-0 7.000__Oct 1 '19-'25
4s '16 J-J
32,000
4Ms'13 M-N 1,000c- _May 1 1920 4s '11 A-0 3,000_-Oct 1 '19-'21
Fire Apparatus Bonds.
Town Hall Bonds.
Jan 1920 4s '16 M-N 13,000c_Nov 1 '19-31 4s '14 M-N 14,000...May 1 '20-'34
$250r
4s '10 J-J
1926
M-S $47.000r
5.000- July 1'19-23 TOTAL DEBT May 2 '19 $980,500 4a'15 F-A I 5,000c Aug 15 '19.'20 48
4)4s'13 J-J
School Bonds.
194,000
113,000c Aug 15 '21-'35
48 '18 J-J 18,000-July 1 '19-'23 Water debt (included) _
175.000 45 '15 M-N 8.000-Dec 1 '19-'22 48 '12 __- $35.090c_Dec 1 '19-'27
Note debt (add'1)
Sewer Bonds.
73 112 4s '16 M-N 14.000__May 1 '20-'26 TOTAL DEBT Nov 21 '16.. $91.600
4s '92 J-J •$25,0000....-July 1 1922 Borrow. capac. Jan 1 '18...... 45,072
20,528,873 436s'18 J-D 38,000_ June 1 '20-'38 Sinking fund
Assessed val., real
4s '92 J-J •15,000r_Deo 31 1922
4,634,485
3,721,737 46s'18 J-D I ,000 ..June 1 1920 Assess. val. real
Assessed value personal
ts '93 A-0 *10,0000_ --Apr 1 1923
1,070,515
personal
val.
1
1923
Assess.
'21-38
7une
1
0
-.Oct
136,0002
24,260,61
*5,000c_
1918
Total valuation
43 '93 A-0
5,705.000
1918
val.
1921
1
Total
Sewer Bonds.
Total tax (per 51,000) 1918- -520.00
4s '93 A-0 *50,0000-Apr
1918-525.40
'19-'22
51.000)
1
rate
(per
_Oct
Tax
$20,000_
A-0
'03
48
4s '94 A-0 5,000c-Apr 1 1924
INT.on water 4s of 1904 at Boston
-Oot 1 '19-'20
7.0000-Jan 1 1927 Safe
INT. at Old Colony Tr. Co.. Boa.
4s '97 J-J
& Tr. Co. on refunding 3)4s'04 A-0 8,000
M-N 4,000__Nov 1 '19-'22
2,000c__ -July 1 1919 loans Dep.
4s '06 J-J
at Old Colony Trust Co.Bos- 48 '07 J4
'19-'22
1
ly
1921
1
_July
8,000c_Ju
6,000r__
J-J
430'13
4s '06
ton; other loans at Fourth Atlantic
8,000c_June 1 '20-'27 WILL/AMSBURGH.
4s '15 J-D
00'13 A-0 14,000__Apr 1 '20-'33 Nat. Bank, Boston.
3,000r_Jan 1 '20-'21
Jail Bonds.
4s '16 J-J
This town is in Hampshire Co.Inc.
'20-'21
1
----Oct 1 1919 April 24 1771. Pop'n 1915, 2.118.
$1,000
600_-Jan
A-0
'11
55 '18 J-J
WAYLAND.is in Middlesex County. 4sProtecti
on Bonds.
Street Bonds.
Water Bonds.
Tins town
4Ms'17 J-J $1,000c____July 1 1919 4s g '03 J-J $50,000 e_ _July 1 1933
4s '10 J-J $1,050-___Jan 1 1920
School Bonds.
PERM.DEBT Dec 31 '18 1514,500 BOND. DEBT Jan 1 1919_ $50,000
45 '12 A-0 3.000c_Apr 1 '20-22
0
1919-193
$12,000
25,000 Floating debt
--19,250
5.000___Jan 1 '20-'24
Water debt (included)____
48 '14 J4
1919-1922 Gas
2,000
--& light debt (incl.)-- 226,000 Sinking fund
19,579
1.000r___Jan 1 1920
4s '15 J-J
1919-1921 Floating
3,000
50,000 Assessed val., real
--debt
1,000r___Jan 1 1920
920,790
4s '15 J-J
1919-1921
1,200
122,663 Assessed val., personal..... 266,571
capacity
g
2,000r_Jan 1 '20-'21
Borrowin
4s '16 J-J
DEBT Jan 1 '18_ $63,100 Assessed val., real
10,825,102
2,000r_Jan 1 '80-'21 11.0ND..
1,187.361
1918
4s '16 J-J
45,500 As. seed val., personal.... 2,336,111 Total valuation at
(additional)___
fair cash val.)
15,000r__Jan 1 '20-'22 Note debt
ent
4s '17 J-J
2,173,165 Total
val., real
Assessed
13,161,213 Tax(Assessm
1918
'20-'23
1
..Jan
valuation
4.000..
J-J
rate (per $1,000) 1918 _ -$22.00
58 '18
246.797
._
personal...
Assessed
val.,
.70
1918-$24
$1,000)
1
(per
'20-'23
Total tax
15,500_ _Jan
5s '18 J-J
Total valuation 1018..... 2,419,962
Surface Drainage Bonds.
INT. on water bonds and gas &
rate (per $1,000) 1918___$16.60
48 '02 J-J $11.000r_ __Jan 1 1922 Tax
48. 1915. at First Nat. Bank, WINCHENDON.
light
2.033
in
1915
n
Populatio
1919
1
4,000c.. _July
3 Ms'99 J-J
on others at Hampden Nat.
This town is In Worcester County.
Boston;
3,000c_ __July 1 1920
3)4s'00 J-J
Incorporated in 1764.
Bank, Westfield.
10.000c&r_July 1 1922 WEBSTER.is in Worcester County.
$3,000
3 Ms'02 J-J
hall bonds 4)4s......
Town
town
This
3,000-Jan 1 '20-'22
8,000
4s '15 -...
Cemetery refund. bonds 4s
WESTON.
2.000r-Jan 1 '20-'21 Incorporated in 1832.
40,000
4s '16 J-J
town Is in Middlesex County. Water bonds 4s 5s
This
Bonds.
Water
z
'20-'21
_Jan
2,000r__
1,000
4s '17 J-J
Road Impt. bonds
yearly
1712-13.
in
.part
ted
.Incorpora
$29,000..
_s
7,350_ _Jan 1 '20-'26
52,000
58 '18 J-J
BOND. DEBT Jan 1 '19_
Town Hall Bonds.
BOND.DEBT Jan. 1 1919- $29,000
40,000
Sidewalk Bonds.
0 4s '16 M-N $24,000.....Mar 1 1936 Water debt (incl.)
_4,335,32
real
estate___
val.,
Assess.
1
1920
__Jan
10,000
4s '15 J-J $1,000r_
Floating debt
2,098,931
Fire Engine Bonds.
2,000r_Jan 1 '20-'21 Assess. val., personal
3,368,320
4s '16 J-J
._ 350,000 48 '13 M-9 $10.000c-Mar 1 '20-'29 Assessetif Real estate
1,400__Jan 1 '20-'21 Other assessable property.
1,165,975
5s '18 J-J
val. iPersonal
251 BOND. DEBT Apr 1 '19_ $34,000
%act.)16784
(60
.val.'18
Tot.assess
4,534,29
Cemetery Bonds.
4,250,325
1918 Total
1918____515.30 Assessed val., real
$700____Jan 1 1920 Tax rate (per $1,000)
782,093 (Assessment about 95% actual value
48 '10 J-J
Pop'n 1915, 12.565;'18 (est.), 13,000 Assessed val., personal
School Bonds.
5,032,418 Tax rate (per $1,000) 1918.-325.00
1918
property
valuation
of
personal
Total
value
*
Less
1920
1
3)4s'00 J-J 5102,0000_ _.July
Pop'n 1915, 5,908; 1916 (est.).6,000
by State of Massachusetts Total tax rate (per 51,000)'18 $12.50
2,342
3 Ms'01 J-J 31.000c&r Jan 1 1921 assessed
Population in 1.115
income tax law.
3)4s'01 J-J 38,000c&r July 1 1921 under
yearly
Bost.
retired
Co.,
are
Tr.
bonds
Wdter
Colony
z
Old
at
INT.
WINCHESTER.
3 Ms'02 J-J 15.000c_ __July 1 1922 from earnings of water plant.
This town is in Middlesex Co. Inc.
3 Ms'03 J-J 43,000cdor Jan 1 1923
Apr. 30 1850. Pop'n 1915, 10,005.
7,000r __Jan 1 '20-'26
WESTPORT.
3)4s'06 J-J
Bridge Bonds.
in Bristol County.
town
A
4s '12 A-0 13.000__Apr 1 '20-'32 WELLESLEY.
This town is in Norfolk Co. Inc.
7,000r...July 1 '19-'23
4s '16 M'S $5,000c_Mar 1 '20-'24
4Ms'13 J-J
School Bonds.
Water Bonds.
1919
4.8 '14 J-J 31.000___Jan 1 '20-'34 Apr.6 1881. Pop'n 1915,6.439.
1
__July
$1,000__
-4s '15
$8,000c_June 1 '20-'27
Sewer Bonds.
2.000r-Jan 1 '30-'21
45 '15 J4
9,000.-July 1 '20-'28 3s'03 J-D
1'20-'45 4s '15 __3)4s'03 M-N 6,000c_Nov 1 '21-'22
4s '17 J-J 112,500r_Jan 1 '20-'24 48 '15 M-9 $130,000c Mar
'20-'26
22
r
9,000_Ap
__'16
43
1
'20-'46
45 95 M-N 11,000c.-_Nov 1 1925
124,000r.._Jan 1 '25-'36 4s '16 M-S 27,000__Mar
Bonds.
Macadam
'98 J-D 33,0000-June 1 '26-'28
5,000_ _Jan 1 '20-'24 48 '16 M-S 44,000-Mar 1 '20-'41 4Ms'14
58 '18 J-J
$1,650-Apr 1 1920 4s
48 '16 M-9 12,000_-Mar 1 '20-'21
3Ms'02 M-N 12.000c_Nov 1 '29-'30
Public Playgrounds.
4,200...Apr 22 '20-'21 4s
1 '20-'42 43 '16 __'15 M-S 1,000c___Mar 1 1920
'19-22
3)4s'03 J-J*531,000c.._ --July 1 1933 5s '17 M-S 46,000__Mar
28
uly
13,200__J
M-8 4.000c_Mar 1 '20-'21
5s '18 M-S 12,000...Mar 1 '20-'23 4)4s'17
.Public Park.
1'18 $63,650 4s '16 M-S
DT.Jan
PERM.
TOT.
1923
6,700c_Mar 1 '20-'22
l
1
Bonds.
Various Municipa
48 '93 A-0*$20,000e- --Oct
2,540,975 4s '17
Assessed val., real
Bonds.
Sidewalk
$500----July 1 1919 48 '16 -_- $110,000
4s'12_ _
544,900
.-val., personal
Assessed
ov 1 '19-'20
$5,400-N
Works.
$812,100
Water
--n
31
48
'19
'13
TOTAL DEBTJa
3,085,875
1918
569,100 48 '97 M-9 $16,000__Mar 1 '20-'27 Total valuation
Road Material& Storage Shed
Inside limit
1.20
1 1921 Tax rate (per $1,000) 1918-$23,000
Bonds.
Outside limit (special)..... 156.000 4s '01 M-S 10,000--Mar
(est.).
69,000 4s '07 M-S 14,000-Sept 1 '19-'32 Pop'n 1915, 3,262 ;'17
4s '16 M-N $6,000c_May 1 '20-'25
Outside limit (water).._.._
412,815 4s '09 M-8 16.000-Sept 1 '19-'34
Playground Bonds.
Sinking funds
•
SPRINGFIELD.
WEST
1
'20-'37
_Mar
M-S
18.000_
'12
28,302
4s
(inl.
fund
Is '94 J-D $31,8000_13e° 1 '19-'24
sinking
Water
This town is in Hampden County. 4s
519,131 4s '13 M-8 8.000__Mar 1 '20-'28
'98 J-D 12.5000...Deo 1 1928
Borrowing capacity
11.339.
1915.
n
1 '19-'35 Populatio
Fire & Police-Building Bonds.
Assessed valuation, real...24,885,164 4s '15 M-S 17,000c-Sept 1
Bonds.
School
'20.'21
-Mar
3,000_
65.000-May 1 '19-'31
M-S
'10
48
l6.984,000
Assessed val., persona
$28,000c_Aug 1 '19-'32 48 '14 M-N$
31,869,164 Is '18 M-S 29,000...Mar 1 '20-'34 4s '12 F-A
School Loans.
Total valuation 1918
48 '15 M-8 96.000c.Mar 1 '20-'35 3Ms'03 A-0 J$44,000c_Oct 1 '19-'29
Park Bonds.
(Assessment at actual value.)
A-0$ 25,000
'19-'24 53
1 6,000c.Oct 1 '30-'31
Tax rate (per 51.000) 1918- --$21.00 45 '99 M-9 $6,000__Sept 1
Refunding Bonds.
1 '20-'28
A-0 2,0000-Oot 1 '19-'20
Popul'n 1910, 27,834; 1915, 30,154 4s '08 M-9 4,500__Mar 1
M-N$100.000-May 1 '28-'29 336s'05
43 '10 M-S 4,000-Sept '19-'26 4$
*Special loans.
WAKEFIELD
JUNE, 1919.]
RHODE ISLAND-DEBT OF STATE.
37
WINCHESTER (Concluded)WORCESTER.
School Loans.
Public Park Bonds.
4s '17 A-0 $57,000__Apr 1 '20-'37
This city is in Worcester County. 3148
J4 $207,000r_July 1'19&'20
48 '11 M-N $69,000o_Nov 1 '19-'41 Incorp. as a city
School
Feb. 29 1848.
A-0 20,000r- _-Apr 1 1921 4s '17 - -Bonds.
Surface Drain Loans.
$52.000__Apr 1 '20-'27
448'17 ___11200,000r- _Oct i '18-'27 3348
nig
.14 170,000r..July 1 '21&'22
4s '13 M-N $3,000c___May 1 1920
Street Paving Bonds.
45
Water
•
•
A-0
Bonds.
10,000r48 '15 M-S 3,000c-__Mar 1 1920
Apx 1 1927 4s '17 --- $24,000-_Apr 1 '20-'27
14 100,000r_ __July 1 1928
$10.000r.._Jan 1 '20-'21 3348
48 '16 M-S 9.000c_Mar 1 '20-'2b
Sewer Bonds.
4s '17 A-0 4,000c-Apr 1 '20-'23 33.s'16 J-J I 45.600r_Jan 1 '20-'26 3 Ms'09 A-0 125,000r.. __Apr 1 1929 4348'17 A-0 $22,500- _Oct 1 '20-'27
70,000r. Jan 1 '20-'26 48 '10 14 65.000r-Jan 1 1920 434s'17 --- 40,000----Apr
4s '17 J-J
4,000-_Jan 1 '20-'23 3s'16
'19-'27
J-J 40,000__July 1 '19-'26 45 '11 14 120,000r-Jan 1 1921 TOT.BD.DT.Apr 13
Sewer Bonds.
'17413.442,400
48 '94 J-D $40,000c-Dec 1 '19-'22 33s17 -_- 140,000.___Jan 1 '20-'47 3 Hs'12 J4 20,000r___Jan 1 1922 Sinking funds
6,162.935
33s'17
__4s
'12
120,000
A-0 15,000___Apr 1 1922 Borrow. capacity (Inside
-Jan 1 '20-'27
48 '95 J-D 20,000c_Dec 1 '19-'22
180,000---Oct 1 '19-'27 45 '12 A-0 15,000r__Oct 1 1922
48 '96 J-D 20,000c_Dec 1 '23-'24 00'17
debt limit)
1,427.984
48 '12 J4 35.000r _-July 1 1922 Assessed
4s '15 M-S 6,000c_Mar 1 '20-'25
Bridge Bonds.
val. real estate_160,837.100
4s '16 M-S 2,000c_Mar 1 '20-'21 3 Hs'12 J-J $10,000r___Jan 1 1922 48 '13 J-J 275,000r___Jan 1 1923 Assessed val.. personal
38,279,867
4s '13 J4 53,500r_July 1 '19-'23 Total assess. val. 1918-199,
4s '17 M-S
6,000c_Mar 1 '20-'25
Sidewalk Bonds.
116,967
4s '14 3-3 132.000-July 1 '19-14 Tax rate (per
TOTAL DEBT Dec 31 '17 $528,500 3 Hs'09
$1,000) 1918-.421.20
J-J $25,000r_ __July 1 1919 4s '15 J-J 186,000--J
Water debt (included)-an 1 '20-'25 Pop'n 1910, 145,986: 1916, 162.697
94.000 4s '10 J-J 25,000r_ _Jan
1
1920
3348'16
J-J
Debts outside limit
66,500r__J
an
1
197,500 48 '11 J4 25,000r_
'20-'26
INTEREST payable by check on
1 1921 3348'16 _-- 24.000-July.1 '19-'26
Borrowing capacity
Merchants' Nat. Bank. Boston.
234,493 314s'12 J-J 25,000r_--J&J 1
1922
Assess. val. real
15,243,200 48 '13 J4 20.000..___Jan
_Jan
1
1923
Assess. val. personal
1.883,260
Beaver Brook Loan.
Total val. 1918
17,126,450
Tax rate (per $1,000) 1918.....$20.00 48 '10 J-J $50,000r _ --Jan 1 1920
Funded Park Loan.
INT. at Old Colony Ti'. Co. and
348
J-J
$8,500r_ __July 1 1932
Nat. Shawmut Bank. Boston
48
A-0 250,000r.. _-Apr 1 1938
Funded City Loans.
WINTHROP.
48
ITS
00__Apr 1 '25-'27
This town Is in Suffolk Co. Inc. 4a '14 A-0$650,0
J-J 25,000
1920-1924
in 1852. Pop'n 1915, 12,758.
DEBT, RESOURCES, iSzc.
Land Damages Loan.
Municipal Loans.
48 '10 A-0 $11,000-_Oct 1 '19-'20 4a '13 A-0 $40,000r_Oct 1 '20-'23 Admitted as a State
One of Original Thirteen
J-J 30.000__Jan 1 '20-'25
48
J-D
4 000o__Dec 1 '19-'20 48
44s'13 A-0 112,800__Apr 15'20-'22 3Hs'16 J-J 50,000c.. Jan 1 '20-'26 Total area of State (square miles)
1,250
1 3,873__Apr 15 1923 43 '15 -...„ 18.000_Apr 1 '20-'25
4s
„
4,000____Oct 1 1919 4s '17 A-0 60,000.. _Apr 1 '20-'27 State Capital
Providence
Land Damage Bonds.
SchoolBo
'09- nds.
48
$60,000-Apr 1 '20-'27 Gov.(term exp.firstTues. Jan.1921)_ R.Livingston Beeckma
4s '08 M-N $20,000_Nov 1.5 '19-'28
n
4Hs'14
11.000__Oct 1 '19-'29
Public Playground Loans.
4s '15 M-NJ46,000c_Nov 15'19-'28 350
34 $50,000r_ __July 1 1929 Sec. of State (term exp. first Tues Jan. '21)_J. Fred Parker
1 2,000c..Nov 15 1929 4s '12 A-0 30,000r _Apr 1 1922 Treasurer(term exp. first Tues.
Jan.'21)Richard W.Jennings
Shore Road (Notes) (Outside limit) is '13 J-J
5,000r_July 1 '19-'23
33s'01 J-D 314,000 __June 1 '20-'26
Hospital Bonds.
Highway & Gen. Loan Bonds
LEGISLA
TURE.-The Legislature now meets annually the first
4s '12 A-0$177,000r_Oct 1 1922
4s '11 A-0 $9,000c_Oct 15 19-'21 48
Tues'13 J. J 15,000r___Jan 1 1922 day In January. There is no limit as to the length of session,
but comStreet & General Loan Bond.
48 '13 J4 45,000r_July 1 '19-'23 pensation of the legislators is limited to sixty days'
attendance
4s '12
$12,000_0ct 15 '19-'22 48
In
any
'13 J-J
2,500r_July 1 19-'23 calendar year.
Water Bonds(Outside limit).
3,000_July 1 '19-'24
4s '08 -_- $109.500_ _Jan 1 '20-'38 4s '14_
HISTORY OF DEBT.-For early history of the Rhode Island
Police-Station Bonds.
48 '09 ___
35,900_Jan 15 '20-'29
see "State & City Supplement" of Apr. 13 1895. page 33. The State debt.
48 '11 J-J $20.000r_ _Jan 1 1921 standing
bonds out
45 '10 ___
at present are described as follows:
22,000-_Jan 1 '20-'30 3%8'15
A-0 105,000_ _Oct 1 '19-'25
Cemetery Notes.
Penal & Reformatory Inst. Loan.
Harbor Improvement Bonds.
8,000r_ _Jan 1 '20-'23 3 34g'09
4Us'14
I4,000__Oct 1 '19-'22 3Hs'16 J-J
MS $300.0000__Mch 1 1959 4s g '10 F-A$500.000o___Aug 1 1960
4s '15 ____ 24,000__Apr 1 '20-'25
1 625__Oct 1 1923 48
'17 A-0 68,000.__Apr 1 '20-'27
State House Loan.
4s '13 J-D 476,000z-Dec 1 1963
Refunding Bonds.
3 34g'94 J4 ;318,00043-Jan 1 1924
Charitable inst. Loan.
3hs'08 J-D $39,100_June 29 '19-'26
-House Bonds.
3 34g'94 J4 395.0000._ _.Tan 1 1934 48'14 .14 $617,000c-July 1 1964
Playground Bonds (Outside limit) 48 Bath
'10
J4
-__July 1 1920 33 g '98 A-0 800.000o--July 15 1938 4s g '15 M-S 458.500x___Sept 1 1965
48 '11 J-J $52,600c_Jan 1 '20-31 48 '13 A-0 $10,000
12,000___ _Apr 11023 3s g '01 11-N 700,000o
Armory Construction Bonds.
May 1 1941
Playground Notes.
3s g '06 A-0$350,000c---Alm 1 1946
48 '13 --- $2,500.Dec 22 '19-23
Funded Water Loan.
Bridge Bonds.
'Metropoli
tan Park Loan.
Water Bonds.
48
A-031,359,000r_
1'20-'28 48 g '17 M-N$300.000c__May 1 1967 3 3sg'08J-D$250.000o
45 '08 J-J $101,000__Jan 1 '20-'38 3348J-D 425.000r__ --Apr
_June 1 1958
__June 1
Highway Improvement Bonds.
4s '14 F-A 300.000c___Feb 1 1964
414 '09 J-J 36,000-_Jan 15 '20-'29 334s
A-0 150,000r--Apr 1 1930
Charitable Institution Bonds.
4s '10 J-J 24,000-Jan 1 '20-'30 330 J-J 110,000r_July 1 '31 1931 35 g '06 A-0$600,0000__ _Apr 1 1936
3
600,0000__
31g'09
&
M-S
'32
_Mch 1 1939 4s g '16 M-S $149,500-__Sept 1 1966
Sewer Notes.
3348
A-0 100,000r
1 1932 4s '12 J-D 563,000c -_June 1 1942 4348g'18F-A 25,000.._._Aug
44s'15 __ •
$800___July 15 1919 3348J-J 225,000r_J--A-0
1 1968
an 1 '33 & '34
*This is debt incurred for the benefit of the several towns and cities inProperty Protection Notes.
3143
A-() 25,000r-Oct 1 1933
cluded in Metropolitan Park System. While such debt is a direct obliga4Hs'15
f$1,500___Dec 20 1919 3 34s'04 J4 80,000r_ __July
1
1934
tion
of
1,090....De
the
payment
State.
Its
c 20 1920 310'04 J-D 50.000r_ --Deo 1
must eventually be met by assessment on the
1
1934 towns and cities benefited. Cr) Coupon
Dept. Equip Notes.
354s'05 A-0 15,000r-Apr 1 1935
with privilege of registration.
018'16
11895__Mar 25 1920 354s'06 A-0 25.000r--Apr
1
INTERES
the
State-Hous
on
1936
T
e bonds and Charitable Inst. Loan 1914
Street Notes.
48 '09 A-0 25,000r_Oct 1 1919 is payable
Provid,
in
•nce
at the Rhode Island Hospital Trust Co.; on the
48 '10 J-D 32.586.41_Deo 26 1920 48 '10 J4 10,000r-July
1920 Charitable Inst. bonds of 1916 and 1918 and bridge bonds of 1917, payable
43, s'15 -- I 500___Dec 20 1919 4s '10 A-0 75.000r __Oct 1
1 1920 at National Exchange Bank; on all other issues at Industrial Trust
371--Dec 20 1920 48 '11 A-() 100,000r
Co.
1
1921
4318'16
5,130__July 1 '19-'21 4s '11 J4 110,000r_ July
TOTAL DEBT, SIN KING FUNDS, &c.
00'15
1,647_ _ _Apr 15 1920 3Hs'12 A-0 175,000r---Ap 1 1921
Jan. 11919. Jan. 11918. Jana 1917. Oat. 1 1916.
r 1 1922
FUND. DEBT Jan 1 '19- $513,675 48 '12 A-()
30,000r_
$7,702,000 $7,624,000 $7,449,000 $7,449.000
1 1922 Total funded debt
Water debt (included)___
179,000 48 '13 J4 70.000r__J_Oct
Sinking funds
1,263,843
an 1
1,186,774
1,043,269
1,033,446
Borrowing capacity
260,937 4s '13 A-0 70,000r_Apr 1 '20-'33
'20-'33
Assessed valuation., real_ -15,657,800 4s '13 J4
Net debt
5.000r_July 1 '19-'23
$6,438,157 $6,437,226 $6,405,731 $6,415,554
Asses.sed valuation, pers'1_ 889.150 43 '13 A-0 15,000r_Oc
t 1 '19-'33
The sinking fund Is largely Invested In city, town and district bonds and
Total value 1918
16,556,950 43 '13 A-0 70,000r_Oct 1 '19-'23
notes. and. it is to receive $98,972 yearly.
Tax rate (per $1,0130) 1918-419.70 43
J-J 15,000
July 1919
Val. of town owned prop
1,150.720 45
J-J 320.000_ _July 1919-'34
TAX VALUATION.-The total assessed valuation of real estate and
INT. at Old Colony Tr. Co.. Bos. 45 '15 J-J 84,000.._Jan 1 '20-'25- personal property in Rhode Island Jan. 1 1919 was $800,404,5
61, consisting
48 15 J-J
7,000- Jan 1 1920 of $503,8.57,252 real estate and $296,547,309 personal property. Tax rate
43 '15 J-J 120,000.-Jan 1 '20-'35 (per $1,000) in 1912. 1913, 1914. 1915. 1916 and 1917 was $0.90.
WOBURN.
4s '15 A-0 45,000__Apr 1 '20-'25
POPULATION OF STATEThls clty is in Middlesex County. 33.48'16 J-J 10,000___Jan 1 '20-'21
Municipal Loans (inside limit). 330'16 J-J 122.500._Jan 1 '20-'26 1916(est.)610,000(1900
428.556 1860
174,620 1820
83,059
1915
4s '09 J-J $5,000c&r July 1 1919
595.986 1890
345.506 1850
147,545 1810
Fire Bonds.
77.031
1910
4s '10 J-J
542,610 1880
10,000c_July 1 '19-20 48 '10 J-J $15,000r-Jan 1
276.531
1840
108.830
1800
69.122
1920 1905
4s '11 J-J
480,082 1870
17,160r_July 1 '19;21
217.353 1830
97,210 1790
Grade-Crossing Abolition.
68,825
48 '12 J-J
18,650c.July 1 '19-'22 4$ '10 A-0$100,000r __Oct 1 1930
STATE AND MUNICIPAL INDEBTEDNESS LIMITATIONS.-Un4s '13 J-J 12,500c_July 1 '19-'23 3Hs'10 J-J 100,000r -Jan
1 1930 der Section 13, Article IV of the State constitutio
4)s'13 J-J , 12.500c_July 1 '19-'23 48 '12 A-0 60.000rn, the General Assembly
Apr
has
no power to incur State debt to an amount exceeding $50,000
1
1922
'15
J-J
4s
without
I 9.000c___July 1 1919 4.8 '13 J4 30,000r_ --Jan 1 1923 the consent
of the people, except in time of war of of insurrection or in8.850c_ _July 1 1920 45 '14 J-T
6,000__Jul
y 1 '19-'24 vasion. In no case is the Assembly to pledge the faith of the State for the
3Hs'16 J-J 24,000c_July I '19-'21
payment
obligations
of
others
of
without
the
approval
of the people. In
5s '18 F-A 28.000c_Feb 1 '20-'23
Funded Sewer Loans.
reference to city debts, there is nothing In the constitution of
Rhode Island
48
J-J 500,000r_J&J 1 '27&'28 limiting
Sewer Debt (Inside Limit).
the amount of such obligations. The following, however, are
J-J 170,000r_July 1 1929 sections
two
Ss '14 J-J $54.100c_July 1 '19-29 3348
taken
from
Title
8.
Chapter
46 (page 221) of the Revised Statutes
A-0
20,000r-A
3348
pr
1
1920
of
the State of 1909. Since 1878 these provisions have been in force, and
Highway Bonds (Inside limit).
3348
A-() 465,000r Apr 1 '30-'33 consequent
of
the
taxable
3%
ly
59 '14 J-J $4,740c
property
has
been
July 1919 334s'02
the
limit
of the power
60,000____July 1 1932 of each town (which includes
4s '14 A-0
500c
city) to create debt.
Oct 1919 3 34s'05 A-0 60,000r_Apr 1 '34-'35
SECTION 20.-"The outstanding notes. bonds and contracts of towns
48 '14 J-D
1,2130___Dec 1 1919 334s'06 A-0 20.000r_ _-Apr
1 1936 shall be paid and be fulfilled according
Sidewalk Bonds (Inside limit).
to
the
tenor
thereof,
4s '09 A-0 20.000r -Oct 1 1919 works
all public
now authorized to be prosecuted shall be prosecuted andand
65 '14 J4 $1,000c_ _July 1 1919 4s '10 J-J
all Indebted50.000r_ _-Jan 1 1920 ness now
High-School Debt(Outstels Limit). 45 '11
to be incurred on account thereof may be incurred
50,000____J&J 1 1921 according authorized
to
the
tenor
48 '06 F-A $45.000r_Aug 1 '19-'33 48 '11 J-J
of
the
authority
thereof."
A-0
-Apr 1 1921
SECTION 21.-"No town shall, without special natutory authority therefor.
48 '06 J-J
5,200c..July 1 '19-'31 334s'12 J4 50,000r
25,000r_ __Jan 1 1922 Incur
any debt in excess of three per oentum of the taxable property of
High-School Debt (Inside Limit). 4s '12 A-0 115,000r__
_J&J 1 1922 suoh town.
Including the indebtedness of such town on the tenth day of
48 '06 J-J $8,000c&rJuly1 19-'26 45 '13 .14
95.000r.._ __Jan 1 1923 April, one thousand
eight hundred seventy-eight; but the giving
4s '06 J-J
4.000c_July 1 '19-'26 48 '13 J-J
12.500r_Ju
a new
ly
'19-'23
1
note
bond
or
for a pre-existing debt, or for money borrowed andofapplied
Water Bonds (Outside limit).
4a
'13
A-0
20.000r__Oct 1 '19-'23 to the payment
4343'07 J-J $8,000r_July 1 '19-'22 4s'14 J-J 27.000____
such
of
pre-existing debt, Is excepted from the provisions
July
'19-'24
section,
of
this
and the amount of any sinking fund shall be deducted In
48 08 J-J
10,000c_July 1 '19-23 48 '14 A-0 6,000_Oct
'19-'24 computing such indebtedness."
4s '09 J-J
1,000r___July 1 1919 45 '15
48,000__Jan 1 '20-'25
48 '11 J-J 13,000o_July 1 '19-'31 3343'16 J4
EXEMPTION FROM TAXATION.-Bonds and notes of the State are
14,000-Jan
1
'20-'26
48 '10 J-J 12,000c_July 1 '19-'30
not subject to taxation. Loans of municipalities, we were advised Dec. 12
4s '11 M-S 2,0000_Sept 1 '19-'20
Street Paving Loans.
1911 by the Secretary of State, are taxable.
4s '12 J-J
14.000c-July 1 '19-'32 3 Hs
J4 $75,000r. __July 1 1919
SAVINGS BANK INVESTMENTS, RESTRICTIONS, &c.-At the
44813 J-J
15,000c_Julv 1 '19-'33 45 '10 J-J 370,000r__J&J 1 1920 1911
of the Legislature the laws concerning Rhode Island savings
448'14 F-A
6.000c_Aug 1 'i94s '09 A-0 15.000r .Oct 1 1919 bank session
investments were completely revised and materially
4s '15 J-J
altered in many
I3,000c___July 1 1919 3 3,4s'09 A-0 20,000r......Oct 1 1919 respects.
In 1912,
1917 and 1918 further amendments were made.
12.350c___July 1 1920 48
J4 215,000.- --Jan 1 1921 See V. 04, p. 1397; 1914,
V. 98. p. 1629; V. 104. p. 1824, and V. 106, p. 1741.
.5,000c July 1 '19-'23 4s '11 J-J 125,000r___July 1 1921 In
48 '15 J-.1
General
the
1919
Assembly
passed
an
3Hs'16 J-J
9,180c_July 1 '19221 334s'12 J4 120,000r__ _Jan 1 1922
Act
Clause IX of
Section 1 of Chapter 232 of the General Laws so asamending
00'18 14
to permit investment by
1.675
3348'12
9,000-__Apr 1 1922 savings banks in the bonds of the
Federal Loan banks; the 1919 Legislature
40'18 J-J
3,500
4s '12 A-0 50,000r___Apr 1 1922
also
passed
Act
an
amending
Clause
VI, which deals with investments in
Sewer & Paving Bonds.
48 '12 3-3 15,000r.__July 1 1922 bonds of telephone companies,
the qualifications being changed. A com00'18 J-J $17,200
45 '13 .1-3 85.000r___Jan 1 1923
FUNDED DEBT Jan 1 '19:
48 '13 34 20,000r_July 1 '10-'23 prehensive digest of the law as it now stands is furnished in the following:
Clause I. Permits investments In (a) bonds or notes of the United
Inside limit
$241,090 45 '14 J-J
2,000
July 1919
States
Outside limit
412.035 4s '14 J4 25,000
1920-1924 or any State or Territory which has not, In the ten years next preceding
Borrowing capacity
102,442 4s'14 J-J
14,800_ __July '19-'24 the time of investment, defaulted in the payment of its debt
Assess. val., real
(b) Bonds or notes of any city or town of the New England States or
11,189,867 4s '15 J-J 53,000__July 1'19-'25
Assess. val., personal
2,867,725 33.s'16 J-J 31,600r__Jan 1 '20-'26 New York State which has not defaulted in ten years and whose net debt
does not exceed 7% of the last preceding assessed valuation:
Tot. assess. val. 1918......14,057,592 45 '17 A-0 24,000-Apr
1 '20-'27 incorporate
or of any
Tax rate (per $1,000) 1918.-320.80
d district of said States having over 5,000 inhabitants
, or in
Building Bones.
Now Hampshire, with a population of over
Pop'n 1910, 15,308; 1916, 16,410. 330'12
2,500,
whose
bonds
are a
A-0
$9,000r___
Apr 1 1922 direct obligation on all the taxable property of such
1NTEREST.at Second Nat. Bank, 432
district, and whose net
1
J-J 12,000r.. July 1 1922 debt does not exceed
Boston, and in Woburn.
5%
such
of
valuation, and which bonds are provided
4s '17 __
68,000-- Apr 1 '20-'27 for by a sinking fund or serial retirement.
State of Rhode Island.
38
RHODE ISLAND-DEBT OF STATE.
[VOL. 108.
preNew curing by such mortgage all bonds previously issued by it and all its
(c) Bonds or notes of any city of the United States other than the ten existing debts and liabilities, which provision so enacted in such State shall
during
company.
railroad
England States and New York State which has not defaulted
such
of
s
stockholder
the
by
national or have been accepted
years, has 30,000 or more inhabitants, as established by the last
or Treasurer of
"(n) Bonds of any steam railroad corporation described in item (m)
State Census, or city Census certified to by the City Clerkor
State Census which has leased its railroad to another steam railroad for a term extending
such city, and taken in the same manner as a national
the
of
7%
exceeding
not
not
less than ten years after the maturity of the bonds in question. which
of
debt
net
a
and
,
preceding such investment
of any lessee railroad fully guarantees the principal and interest on said bonds;
last preceding assessed valuation, or the bonds and obligations
primarily from Provided, that said lessee railroad is one whose net income is at least up
Incorporated school district within such city, payable
the popula- to the standard set in Class III; and provided,further, that said lease is for
taxes levied on all taxable property in such district; providing
assessed valu- a term extending at least ten years after the maturity of the bonds in question of the district is 30,000 or more, and the population and
assessed tion and that the rent from such lease is sufficient to meet the interest and
and
tion
popula
the
of
75%
least
at
to
equal
are
district
the
ation of
of
requirements, if any,on said bonds, together with a dividend
valuation of the city within which such district is located*having a popula- sinking fund
stock of the
not less than four per centum per annum on the entire capital
(d) Bonds or notes of any county In the United States
maintenance and operation
proper
the
for
net
provides
whose
and
,
and
corporation
Census),
lessor
State
or
National
to
tion of over 100,000 (according
valuation.
indebtedness does not exceed 3% of the last preceding assesseds' shall mean of the property leased.
or terminal rail"(o) First mortgage bonds of any terminal company,
"Net Indebtedness—Definition.—(e) 'Net indebtednes
is located
and sewer way
water
outstanding
net
company, incorporated in the United States, whose property
the total debt less sinking funds, the
States, and whose bonds are guaranteed as to principal and
United
the
In
debts and the tax levy for the current year."
bonds,
I.
railroad
in
Class
of
investment
corporation
govern
railroad
steam
which
such
inclusive,
any
Clauses II to VI,
in interest by
railpublic service securities and bonds of telephone companies, are given
"(p) First mortgage bonds of any terminal company or terminal
is located
full herewith'
way company,incorporated in the United States, whose property and
and
bonds
the
In
II.
use
Notes.—Cla
interas to principal
guaranteed
"Steam Railroad Bonds and
are
bonds
whose
States,
the
United
in
described
orporations
I or Class III.
notes and receivers' certificates of steam railroad bonds
and notes,' sub- est by two or more steam railroad corporations of Class
herein below, in the 'table of eligible steam railroad
rail"(q) First mortgage bonds of any terminal company or terminal
sections (a) to (y) inclusive, subject to the following definitions and classiis located
property
whose
States,
the
United
in
d
way company,incorporate
fication:
which company at least ninety per centum of its
"The words 'railroad' and 'railway' herein used are to be considered in the United States, of
of Classes
capital stock is owned by two or more proprietary steam railroads
synonymous titles.
property, and jointly, or jointly and
'The term 'funded Indebtedness' herein used shall include all bonds and I, III or IV, and which use said and
interest of all the indebtedness of
severally, guarantee the principal
notes bearing interest.
said company.
"All 'income bonds' are ineligible.
railway
"(r) First mortgage bonds of any terminal company or terminal
"The eligibility of such bonds for such investments is defined as follows.
is located in
company, incorporated in the United States, whose property
provided:
otherwise
hereinafter
unless
railsteam
or
more
one
to
property
its
leased
has
which
States,
United
the
its
on said
"Definition.—Ownership.—Such railroad corporation shall own
road corporations which guarantee the principal and interest
ten years after the
road in fee.
at
least
extending
term
a
for
runs
lease
which
and
bonds
principally
located
and
"Location.—The railroad of such corporation shall be
maturity of said bonds, and which lease provides for the maintenance
is to one
In the United States.
operation of the leased property; Provided, that, if such lease
gauge.
if such lease is to two
"Gauge.—The railroad of such corporation shall be of standard
I,•and
Class
of
be
shall
it
,
corporation
railroad
steam
length,
if such
"Mileage.—Such railroad must be not less than 100 miles in
steam railroad corporations, they may be of Classes I or HI, and
may be of
exclusive of sidings.
be its earn- lease is to three or more steam railroad corporations, they
"Net income.—The net Income of any such corporation shallmaintenanc
IV.
or
III
I,
Classes
e
ings and income after payment of all operating expenses,
"(s) First mortgage bridge bonds issued by any railroad corporation of
charges, rentals and taxes, and all guaranteed dividends and guaranteed Class I.
in the
interest paid by, or due from, It.
"(t) First mortgage bonds of any bridge company, incorporatedindebt"The net earnings and income of any such corporation shall equal the
entire
United States, whose property is in the United States, whose
following requirements by the following classes, to which reference is made edness
by one or more steam railinterest
and
principal
to
as
is
guaranteed
In the succeeding table of bonds.
that, if such guarantee is by one such railroad
have road corporations; Provided,
of Class I. and if such guarantee is by two or more
"Classification.—Class I. Any such corporation of this class must
and suc- corporation, It shall sbe
be of Classes I, HI or IV.
may
they
earned and received in each of its three fiscal years, or three nearer
a net income railroad corporation
cessive periods of one year, next preceding such investment,
"(11) First mortgage bonds of any bridge company, Incorporated in the
of not lees than twice the annual interest for the current year on all its funded United
States, whose property is in the United States and whose capital
indebtedness, including the bonds in question.
or more
earned and re- stock is entirely owned, except shares qualifying directors, byortwo
"Class II. Any such corporation of this class must have
IV which
and
proprietary steam railroad corporations of Classes I, III and
ceived a net income, in each of its three fiscal years, or three nearer
interest
e of the property and the principal
maintenanc
the
less
not
guarantee
investment,
such
preceding
next
year,
one
of
successive periods
than twice the annual interest for the current year on the underlying mort- of such bonds.
"(v) Equipment bonds or equipment notes issued by any steambyrailroad
gagqjaonds in question, and all prior liens.
a first
earned and corporation
of Class I. Class III or Class IV which are secured
"Class III. Any such corporation of this class must have
and successive lien on the equipment against the purchase of which said bonds or notes
received in each of its three fiscal years. or three nearer
income of not were issued at not exceeding eighty per centum of the purchase price thereof;
periods of one year, next preceding such investment, a netall
its mortgage Provided, that the indenture under which said lien is established contains
less than twice the annual interest for the current year on
pledged, and
indebtedness outstanding, including the bonds in question. earned and re- adequate requirements for the maintenance of the property
shall be
provides that an equal amount of any issue of such bonds or notes
"Class IV. Any such corporation of this class must have
periods
on any of
lien
successive
the
the
of
and
nearer
without
release
three
or
years,
retired
ceived in each of its three fiscal
paid annually until all are
not less than such
•
equipment.
of one year, next preceding such investment, a net income of all
its funded
one and a half times the annual interest for the current year on
"(w) Notes, warrants and obligations, running for a term of not more
corporation
indebtedness, including the bonds in question.
than five years from date of issue, given by any steam railroadthan
Deben
four per
Notes.—(a)
and
Bonds
Railroad
which has earned and paid dividends at the rate of not less
"Table of Eligible Steam
lure bonds of any such steam railroad corporation, Incorporated In any of centum per annum on all its outstanding capital stock for five years next
to the date of issue.
prior
the United States, whose net income is described in Class I.
"(x) Certificates of indebtedness commonly termed 'receiver's certifi"(b) Debenture bonds of any such steam railroad corporation, Incorissued by a receiver of any such steam railroad under an authorizaporated In any of the United States, which has leased its railroad to another
such cates'
of the court or courts having jurisdiction over such receiver. steam
such railroad whose net income is described in Class I; Provided, that
tion
the
of
maturity
the
after
years
ten
least
at
"(y) First mortgage bonds and refunding mortgage bonds of any
lease is for a term extending
sufficient to meet railroad, incorporated and whose property is principally located in the
bonds in question and that the rent from such lease is said
or
any
bonds
on
any,
if
s,
requirement
fund
of Canada, which conform in all respects to the provisions applysinking
and
interest
Dominion
the
States.
of not
to mortgage bonds of steam railroad corporations in the United
prior lien or any other debenture bonds, together with a dividend
power
of the lessor ing
of Motive Power.—Clause III. Thechange of motive
less than four per centum per annum on the entire capital stock
"Change
shall not
operation
in
part,
or
and
e
wholly
whether
,
maintenanc
proper
corporation
the
for
railroad
provides
also
steam
corporation: and
by any
the eligibility, for such investment, of any of the steam railroad
affect
of the property leased.
"(c) Debenture bonds of any such steam railroad corporation, incor- obligations hereinbefore described, so long as its earnings conform with the
porated in any of the United States, guaranteed as to principal and interest foregoing requirements.
capital stock
or assumed by another railroad described in Class I.
"Railroad Stocks.—Clause IV. (a) In the shares of the
in items
"(d) Bonds of any such steam railroad corporation described
which has leased its railroad to another steam railroad,
and interest, or assumed of any steam railroad
system;
its
of
railroad
part
a
as
so
leaned
(b) and (c), which are guaranteed as to principal
property
the
operates
which
by two or more steam railroads of which one shall be of Class I and the Provided, that such lease is for a term of not loss than fifty years, and the
others may be of Class III or Class IV.
would be a legal investment under the
bonds
whose
one
is
company
lessee
incorpor,
corporation
"(e) Mortgage bonds of any such steam railroad
provisions of Clause II, Class III, and that by the terms of the lease the
ated in any of the United States, whose net income is not less than that lessee company is obliged to pay rents sufficient to pay the interest on the
described in Class III.
bonds of the lessor and a dividend at an annual rate of not less
outstanding
.
corporation
"(f) Underlying mortgage bonds of any such steam railroadnot less than than four per centum per annum on all the capital stock of the lessor comis
net
Income
whose
States,
United
the
of
any
In
d
Incorporate
pany.
operthat described In Class II.
"(b) In the shares of the capital stock of any steam railroad which under
, Incor"(g) Mortgage bonds of any such steam railroad corporation
ates its own railroad whose bonds would be an eligible investment
principal
to
as
are
guaranteed
which
States,
United
the
of
any
porated in
that such railroad has paid regular annual
I;
Provided,
Class
II,
Clause
is
net
income
whose
and interest, or assumed by another steam railroad,
dividends on all its capital stock at the rate of noti ess than four per centtun
described in Class I or Class HI.
, incor- per annum for ten years next preceding such investment.
'(h) Mortgage bonds of any such steam railroad corporation
"(c) The aggregate investment of such deposits and income by any bank,
prinicpal
to
as
porated in any of the United States, which are guaranteed which at least savings bank or trust company in the stock of any one such steam railroad
and interest, or assumed, by two or more steam railroads, ofof
at par value shall not exceed two per centum of said deposits
corporation
or
III
Class
be
may
the
others
and
III
Class
one shall be of Class I or
held by It.
Class IV.
. Incor"Public Service Securities.—Clause V. In the bonds of public service
"(I) Mortgage bonds or any such steam railroad corporationanother
corporations, commonly called 'public service securities,' described hereinporated in any of the United States, which has leased its railroad toIII;
Pro- below in the 'table of eligible public service securities,' sub-sections (a) to
steam railroad whose net income is described in Class I or Class
the ma- (k)
., inclusive, subject to the following description and definition:
vided. that said lease Is for a term extending at lost ten years after
is sufficient
'The title 'public service securities' shall include only mortgage bonds
turity of the bonds in question, and that the rent from such lease
on said binds Issued by any electric railroad. street railway, gas company, electric light
to meet the interest and sinking fund requirements, if any, than
four per or power company. or-water company, as hereinafter described.
and any prior liens, together with a dividend of not lass
The term funded Indebtedness' herein used shall include all bonds and
centum on the entire capital stock of the lessor corporation, and provides
for the proper maintenance and operation of the property leased. , incor- notes bearing interest.
corporation
railroad
steam
such
any
of
bonds
"(j) Mortgage
"Descriptive Definition.—Ownership.—Such corporation shall own the
or more
its property in fee.
porated in the United States, which has leased its railroad to twoHI;
Pro- major part of —The
property of such corporation shall be located princisteam railroads, of which at least one shall be of Class I or Class
"Location.
after
vided, that said lease shall be for a term extending at least ten years
the United States, unless otherwise provided.
in
pally
lease
such
he not income of such corporation shall be its riot earnthe maturity of the bonds in question, and that the rent from if any, on
Income.—T
"Net
is sufficient to meet the interest, and sinking fund requirements,
ings and income after payment of all operating expenses, maintenance
and taxes, and all guaranteed interest and guaranteed
said bonds and any prior liens, together with a dividend of not loss ,than
and charges, rentals
four per centum on the entire capital stock of the lessor corporation
paid by, or duo from, it.
leased. dividends
for
such investment.—Such corporation must have earned
provides for the proper maintenance and operation of the property
"Eligibility
such
nearer
"(k) First mortgage bonds or refunding mortgage bonds of anyterms
and received a net income in each of its three fiscal years, or three
next preceding such investment not lass than twice
year,
steam railroad corporation which would be a legal investment under
one
of
periods
less
fee
in
owns
it
by
that
s
fact
secured
for
the
its
,
all
except
indebtednes
on
respectively
year
(j),
and
(1)
current
(g),(h),
the annual interest for the
than 100 miles of road, exclusive of sidings.
under which the bonds in question are issued and all prior
, the mortgageotherwise
specified,and shall not have defaulted on
hereinafter
"(1) First mortgage bonds of any such steam railroad corporation
unless
liens,
and
that said
Irrespective of mileage, which is a constituent part of a steam railroad
any of its obligations during the same period; Provided, however,
five years before the expiration of the principal
transportation system of not less than 1,000 miles of road, exclusive of
is bonds shall mature at least
or there
is
operated,
corporation
such
which
under
sidings, and at least ninety per centum of the capital stock of which
or
franchises
and franchise
whereby
owned by a proprietary holding company which operates said railroad
shall exist some definite agreement or contract with the grantors
may be renewed or extended from time to time
franchises
transportation system, and the earnings of which, with the earnings of the
or
franchise
such
are
or that by
other divisions constituting said railroad and transportation system,fully
throughout and beyond the life of the bonds in question, and
is adequately
received by said holding company, and which bonds in question areeither
such an agreement or contract the security of said bonds
the bondholders, and a copy of such agreement
to
guaranteed as to principal and Interest by such holding company,
preserved
and
protected
be filed in the office of the Bank Commissioner and shall
by direct guaranty, or by rental under lease extending at least tena years
pay- or contract shallhis
files during the life of the bonds in question.
after the maturity of said bonds, the terms of which lease require
sinking fund be preserved in
ment of rent equivalent to all taxes and interest, and provides a that
Mortgage bonds
the net
"Table of Eligible Public Service Securities.—(a)
sufficient to retire said bonds at maturity; Provided, however,
street railway, gas,electric light or power comrailroad,
electric
such
any
of
income of said holding company shall equal the requirements of railroads pany, Incorporated under the laws of Rhode Island, whose property is loIn Class I.
cated and operated chiefly in this State.
"(m) Bonds and debentures of any steam railroad corporation whose
gas
Is
"(b) Mortgage bonds of any such electric railroad, street railway, any
railroad property is unencumbered by mortgage, and whose net income
and electric tight or power company, incorporated under the laws ofsuch
shall
debentures
or
bonds
such
that
however,
Provided,
I;
Class
In
described
said bonds of any
the
that
however,
Provided,
States;
United
the
of
law
by
-provides
which
be issued only under the authority of some State
railroad or street railroad company shall be a legal Investment for
that no such railroad corporation which has Issued bonds shall subsequently electric
and income only In case such company shall have received
execute a mortgage upon its railroad property without Including in and se- such deposits
JUNE, 1919.]
RHODE ISLAND-DEBT OF STATE.
39
average gross earnings of not less than four hundred thousand
dollars in
(f) Collateral trust bonds of any such telephone company
each of its three fiscal years, or three nearer periods
secured by the
one year, next pre- deposits with a trust company
ceding such investment, and if said bonds are issued of
of bonds and of shares of stock of other tele.
by a company which phone companies, under an indenture
carries on the business of an electric railroad or street
of trust which limits the amount of
railway
combined
loonds
so secured to not more than 757 of the value of the
with that of either a gas company or an electric light or power
securities decompany, or posited as stated and
both of such kinds of business, then, in such case,
d in said indenture, and provided
the
such company shall have company issuing suchdetermine
received average gross earnings of not less than six
collateral trust bonds shall have received that
average
hundred
thousand
dol- gross earnings of not less than five million
lars in each of its three fiscal years, or three nearer periods
dollars in each
its three fiscal
preceding such investment; and if said bonds are issued of one year, next years, or three nearer periods of one year, next preceding of
such investment
by any such gas and provided, further, that such
company or electric light or power company, or by a company
telephone company shall have earned and
which com- paid cash dividends on all its outstandin
bines the business of a gas company and an electric light
g issues of stock at the rate of not
company,and,or, less than 6% per annum during
power company, or any two such businesses, then,
each of its five fiscal years next preceding
in such case, It shall such investment.
have received average gross earnings of not loss
two hundred thousand
'dollars in each of its three fiscal years, or threethan
(g) Notes, warrants and obligations, whether secured
nearer
periods
of
one
year,
by collateral or
next preceding such investment.
unsecured, running for a period of not
ten years from date of
issue, of any telephone company such asexceeding
"(c) First or refunding mortgage bonds of any such
Is
described
paragraph
in
(a) of
electric
railroad,
this clause and which has earned and paid cash dividends
street railway, gas, electric-light or power company incorporat
on all its outof the United States, which are in operation and show substantia ed in any standing issues of stock at the rates of not less
than 6% per annum during
l net earn- each of its five fiscal years
ings and which are guaranteed as to principal
next preceding such investment.
and interest or assumed by
A true copy of the mortgage or indenture
another corporation whose bonds would be a legal
of trust securing said bonds
investment under the shall be filed
in the office of the bank commissioner
provisions of paragraph (b) of this clause.
and shall be preserved
during
the
life
of said bonds.
"(d) First or refunding mortgage bonds of any such electric
railroad or
The aggregate investment of such deposits and income
street railway, incorporated In any of the United States,
by any bank,
which
savings
are
guarbank
or
trust
company
in the bonds of any one such telephone
anteed as to principal and interest, or assumed
a steam railroad or rail- company at par value shall not exceed
roads whose bonds would be a legal investmenby
2% of said deposits held by it.
.
under the provisions a
See. 2. This Act shall take effect from and
Class III of the classification of steam railroadstherein.
after its passage.
An Act in Amendment of and in Addition to Chapter
"(e) First or refunding mortgage bonds or any such
232
of
the
General
electric railroad,
Laws, Entitled "Of Investments," as Amended by Chapter
street railway, gas, electric light or power company which
687 of
the Public Laws, Passed at the January Session, A.
property to any other corporation whose bonds would be a has leased its
D. 1911, and as
legal investment
Otherwise Amended and Added to.
under the provisions of paragraph (b) of this clause;
Provided, however, that
said lease shall extend for a term of at least ten years
It
is enacted by the General Assembly as follows:
after the maturity
of said bonds at a rental at least equal to the fixed charges
Section 1. Clause IX of Section 1 of Chapter 232 of the General
and taxes of the entitled
Laws,
lessor, including the interest on, and a sinking
"Of Investments," as amended by
fund
for,
the
bonds
in
687 of the Public Laws,
question, or provides for the payment of said bonds at maturity,
passed at the January Session, A. D. 1911,Chapter
is hereby amended so as to read
and shall re- as
quire the operation and maintenance of the leased
follows:
and -provided.
further, that an authentic copy of such lease shall property;
be filed in the office of
"Real Estate Mortgages.—Clause 9. In the bonds of
the Bank Commissioner, and such copy shall be preserved
the Fedin his files during eral Land Banks organized pursuant to the provisions
the life of the bonds in question.
of dn Act of Con.
gress approved July 17 1916: Provided, that
not more than 3% of the
"(f) Equipment bonds or equipment notes issued by any such electric deposits of any bank shall be invested in
bonds.
railroad or street railway which are secured by a first lien on the equipment
"In loans secured by first mortgage onsaid
real estate subject to the followagainst the purchase of which said bonds or notes were issued at not exceed- ing restrictions:
ing eighty per centum of the purchase price thereof; Provided,
"No
such
loan
shall
be
made
the
except upon the report of not less than
under which said lien is established contains adequate requiremenindenture
ts for the two officers, or trustees, or directors, or agents duly authorized to the
maintenance of the property pledged and provides that
equal amount duty by the board of trustees or directors, who shall certify according to
of such bonds or notes shall be paid annually until all arean
their
best
judgment
to
the value of the premises to be mortgaged. Such
retired, without
the release of the lien on any of such equipment.
report and certificate shall be
writing, and shall be filed and preserved
in the records of the corporatioin
"(g) Certificates of indebtedness, commonly termed 'receiver's
n.
certifi"Loans
cates.' issued by a receiver of any such electric railroad,
on
improved
real estate shall not exceed 60% of such valuation.
street
railway,
gas
"Loans on unimproved real estate shall not exceed 40%
electric light or power company under an authorization of
the court or tion.
of such valuacourts having Jurisdiction over such receiver.
"The aggregate amount of such loans shall not
"(h) First mortgage bonds of any electric railroad, street railway,
exceed
70%
of such degas,
posits, and of this authorized amount, not exceeding
electric light or power company, described in paragraph (b) of this
30% thereof shall be
clause, on real estate
which is incorporated in the Dominion of Canada, and whose
located out of Rhode Island.
property
is
In
located principally in said Dominion; Provided, that such bonds conform
event of any such mortgage loan continuing for five years
in in amount, the
unreduced
all other respects to the provisions of paragraph (b).
property upon which such loan is secured,
(c), (d), (e) or (f) examined
be reof this clause.
and revalued, and a written report and certificate shall
of
the condition and value of the property at the time
"(i) Bonds of any corporation which owns more
of such re-examination, shall
ninety per centum be filed and preserved
of the capital stock and of the outstanding bonds ofthan
in
any electric railroad or provided for a new loan, the records of the corporation after the manner
street railwaycompany.incorporated in this State, the
and such an examination and revaluation shall be
of which is, made as often as every fifth
located wholly or in part therein, secured by the depositrailway
year, until such loan is paid. If at the
trust of the said of any such revaluatio
stock and bonds as collateral, and which corporation has in
n it shall appear that the property mortgagedtime
paid,
in
has
each
fiscal
depreciated -in value so that the loan secured thereby
year for the five years last preceding such investment, dividends of
in excess of the
than four per centum per annum upon all its outstanding capital not lest; percentage limit of such value herein permitted for suchis
loans,
reduction
a
stock;
or
In
the
amount
the bonds of any such electric railroad or street railway company
of the loan shall be required and secured as promptly as is
which practicable until the margin
are secured by mortgage on its property and are guarantee
of safety is restored."
d as to principal
and interest by any such corporation.
Sec. 2. This Act shall take effect from and after its passage.
"(j) First mortgage bonds of any company incorporat
Under
Clause
VII a bank may invest in the capital stdck of any bank or
for the purpose of supplying water for domestic and othered in this State trust company incorporat
ed under the laws of any of the New England
purposes; Provided, that such company has an exclusive franchise
to serve a population States. or New York State, or of any national banking association doing
of not less than ten thousand in this State, which
business
in
said
States. Holdings both by investment and as security for
franchise extends at least
five years beyond the life of the bonds in question,
loans are limited to not more than 25% of a bank's deposits. • No
more
are secured by a mortgage of the property, rights and that said bonds than 3% of the deposits
shall be Invested in the stock of any one such
and franchises of such
company.
corporation, nor shall such corporation hold, both
by
investmen
t
and
(k) Notes, warrants and obligations, running for
for loans, more than one quarter of the capital stock of any as
a period of not exceed- security
one
ing ten years from date of issue, of any electric
bank, trust company or national banking association.
railroad, street railway, gas such
and electric light or power company such as is described
Clause
VIII concerns limit of deposits in any one bank. Clauses IX,
this clause, and which has earned and paid dividends in paragraph (b) of X. XI and XIII concern real estate loans and personal
securities. The
at the rate of not less
than 4% per annum on all its outstanding
for a term of not less than full text of these sections will be found in the "Chronicle" of May 20 1911.
five years next prior to the date of issue; andstock
in the notes, warrants and obli- page 1388.
gations, running for a period of not exceeding
General
The
Assembly
in
1919
passed
an
Act
amending Clause IX of
years from date of issue, Section of
of any such corporation which are secured tenthe
1
Chapter 232 of the General Laws, entitled "Of Investmen
deposit of collateral
ts,"
security having value in excess of the amount by
amended by Chapter 687 of Public Laws, passed at the
January Session
loaned of not less than 20%. as
1911, so as to permit investments by savings banks
An Act in amendment of and in Addition to Chapter
in
the
bonds
of
232
of
the
General
Federal Land Banks, organized pursuant to the provisions of the Actthe
Laws, Entitled "Of Investments," as Amended
of
by Chapter 687 of the Congress approved July
Public Laws, Passed at the January Session,
provided, that not more than 3% of the
A. D. 1911, and as Other- deposits of any bank shall17be1916,
wise Amended and Added to.
invested in said bonds. Investments in loans
secured by first mortgage on real estate are defined in
Ills enactel by the General Assembly as follows:
same law and are
subject chiefly to the following restrictions: Loans on the
Section 1. Clause VI o Section 1 of Chapter 232 of the
improved real estate
General Laws, shall not exceed 60% of the valuation; loans on unimproved real
entitled "Of investments," as amended
estate
Chapter 687 of the Public Laws, shall not exceed 40% of the valuation; the aggregate amount of
passed at the January Session, A. D.by
such loans
1911, is hereby amended so as to shall not exceed 70% of the deposits, and of this authorized
read as follows:
amount,
exceeding 30% shall be on real estate located out of Rhode Island. not
"Bonds of Telephone Conwanies.—Clause VI.
In the bonds of any
Clause XII permits investment in the note or notes of a gas, water,
Telephone Company incorporated in
any of the United States, whose electric light or power,telephone, electric
property is located chiefly in the United
railroad or street railway company
States, subject to the following incorporated, or doing business, in this State, which
description and definition:
has paid dividends of
at least 4% in each fiscal year upon all Its issues of capital stock for 5 years
"The term 'Funded Indebtedness' herein
used shall include all bonds next preceding the date of such investment; Provided, the principal
and notes bearing interest.
of said
note
notes
or
matures
at a time not exceeding 3 years from the date of
"Descriptive Definition.—Locati
property of such corpora- investment therein; and provided, further, that said note or notes shall mation shall be located principally in the on.—The
ture
least
at
years
5
United
before
sStates.
the
expiration
of
the
principal franchise or
"Net income.—Net income of
corporation shall be its net earnings franchises under which said gas, electric light or power, telephone, electric
and income after payment of all such
operating expenses, maintenance charges, railroad or street railway company are operated; and provided, further,
rentals and taxes, and all guarantee
that
amount
the
aggregate
d
so
invested
interest
guarantee
by
and
any
bank,
d
savings
dividends
bank or
paid by, or due from it.
company in the note or notes of any such corporation, together with trust
"Eligibility for such investment.
the
bonds
--Such coriporation must have earned and other securities of such corporation held, shall not exceed 2% of said
and received a net income in each of
its three fiscal years, or three nearer deposits held by it.
periods of one year each, next preceding
Securities taken in settlement of debt may be held under Clause XIV,
such investment, of not less than
but
twice the annual interest for the
current
year on all its indebtedness se- the non-legal securities so obtained shall be sold within five years after
cured by the indenture under which the bonds
acquired, unless the time is extended.
being
question
in
ar
issued, and
all prior liens, unless otherwise hereinafter specified,
and shall not have defaulted on any of its obligations during the
"General Provisions.—Clause XV. (a) Securities acquired after
same period.
the
"Table of eligible telephone company bonds.—(a
passage of this Act, which were legal investments when acquired,
need not
) Mortgage bonds of be disposed of if it happens
any such telephone company incorporated
afterwards that the net income of the corporaUnited States: Provided, however, that the under the laws of any of the tion issuing such securities shall fall below the limit fixed by
this Act, or.
said bonds of any such telephone company shall be a legal
the case of a city, county, town or district, If the debt limit is exceeded,
t for such deposits and income In
unless, in the judgment of the Commissioner, it is hazardous to
only in case such company shallinvestmen
have
retain the
received
average
gross
earnings
of
which
same, in
case said Commissioner may give directions In writing
not less than one million dollars in each of its three fiscal
reyears, or three quiring the disposal of
nearer period of one year, next preceding
such securities, and when such
are given,
such investment.
securities shall be disposed of within one year fromdirections
such
(b) Debenture bonds of any such telephone
the date of such nocompany
incorporat
ed
untice, unless an extension of time is granted by said Commissioner.
der the laws of any of the United States where definite covenant
is made
by the company that said debenture
"(b) Bonds which are legal Investments under the foregoing provisions
shall be equally secured with
any future mortgage lien that may beissue
this chapter and are secured by a mortgage which provides for payments
of
later
made
by
the
company:
Pro- to a sinking fund
vided, however, that such company shall have
shall cease to be legal investments if the corporation issuing
received average gross earnings of not less than two million dollars in each
such bonds shall at any time fail to make such payments. And such
three
of
its
fiscal
years,
or
nearer
three
periods of one year next preceding
shall not be legal investments under the provisions of this section sobonds
investmen
such
t.
long
(c) First or refunding mortgage
as any such payment is in arrears and unpaid.
incorporated in any of the United bonds of any such telephone company
"(c) If a corporation is formed by a consolidation or merger of two or
which is in operation and which
shows substantial net earnings andStates
corporatio
more
which
ns,
and
guarantee
are
it is desired to ascertain the legality of the bonds
d as to principal
and interest or assumed by another corporation whose bonds
would be a of the successor corporation for investment of savings deposits, the earnings
legal investment under the provisions of paragraph (a)
(b) of this clause. and income of the several predecessor and constituent corporations shall be
(d) First or refunding mortgage bonds of any such or
consolidat
ed,
and
the aggregate corporate income so ascertained shall be
company which has
leased its property to any other corporation
whose bonds would be a legal regarded as that of one and the same continuous corporation represented
investment under the provisions of
s (a) or (b) of this clause: by the successor corporation; or, if a corporation shall acquire by purchase
Provided, however, that said lease shallparagraph
extend for a term of at least ten years the property and franchises of another corporation, and a bond issue is
after the maturity of said bonds at a rental
at least equal to the fixed made for the financing of the transaction, the legality of the bonds so issued
charges and taxes of the lessor, including
interest on, and a sinking with the other bonds of the purchasing corporation shall be ascertained by
fund for, the bonds in question, or provides the
for
payment of said bonds the same process as in the case of a consolidation or merger above promaturity
and shall require the operation and the
at
maintenance of the leased vided, subject to the rules applying to the several classes of corporatio
property; and provided, further, that an authentic
ns
copy of such lease shall described under the preceding clauses of this chapter.
be filed in the office of the bank commissio
ner and such copy shall be pre"(d) If the net earnings and income of any corporation whose bonds
served in his files during the life of the bonds
question.
in
have been a legal investment under the provisions
(e) Certificates of indebtedness commonly termed receiver's
this chapter shall fall
certificates somewhat below the requirements of this chapter of
issued by a receiver of any such telephone company
for a period of not exunder an authoriza- ceeding two successive fiscal years, and in the
following
tion of the court or courts having jurisdiction over such
year sue I earnings
receiver.
and Income shall be restored to the seouired amount.said ceruoratIo
a after
40
RHODE ISLAND-CITIES AND TOWNS.
[VOL. 108.
JAMESTOWN.
said CENTRAL FALLS.
such restoration of income, shall be regarded as having complied with
This town is in Newport County.
This city. Incorp. In 1895, assumed
requirements during said period, but during the period of failure toa earn
Refunding Bonds.
(which
fire
district
debt of the old
the required amount no investment shall be made in the bonds of cor- the
4%6'15 J-D $9,000c,...Dec 1 '19-'27
part
a
and
city),
of
the
part
a
now
Is
poration so situated.
36.000c__Dec 1 '28-'45
Lincoln.
of
town
the
of
debt
the
of
sinkto
"(e) Serial maturities of bonds shall be considered equivalent
BOND.DEBT Nov 14 '16.. $153,000
City Bonds.
ing fund provisions.
00.0000_Deo 1 '19-'26 Sink. fd. & secured notes__ 136,260
'96
J-D
g
4s
Assess. valuation 1916-3,313,132
Bridge Bonds.
"Of the Segregation of Assets.-Clause XVI. (a) Every bank or trust
company which maintains a savings or participation department, or solicits 4s '04 F-A5100.0000__Aug 1921-30 Tax rate (per $1,000) 1916-$10.50
1,518
Population in 1915
Bonds.
or receives deposits as savings or on participation, shall invest all deposits
Refunding
INT. is payable in Boston.
therein, or so received, according to the requirements of this chapter. and 4s g '08 F-A$200,000o.Aug 1 '28-'47
Bonds.
Funding
such deposits, invested or uninvested, shall be set apart for the exclusive
JOHNSTON.
$15.000c___Apr 1 1920
protection of the deposits in said savings or participation department, and
This town is In Providence County
54,000c__Apr 1 '21-'26 and was incorporated Mch. 6 1759.
shall not bellable for, or be used to pay, any other obligation or liability
19,000c.- Apr 1 1927 On June 1 1898 a portion of this town,
of such bank or trust company until after the payment of all the deposits
39,000c_..Apr 1 '28-'30 representing about five-sevenths of
in said savings or participation department.
sav168,000c.. Apr 1 '31-'38 the assessed valuation, was annexed
"(b) The foregoing provision as to the character of the investment ofsuch
g '17 A-0 20,000c___Apr 1 1939 to the City of Providence. The comings or participation deposits shall not render illegal any investments of
4s
57,000c...,Apr 1 '40-'42 mission appointed to apportion the
deposits made prior to May 26 1908, nor compel the change of such invest18.000c___Apr 1 1943 debt to be assumed by the city of
ments for those prescribed by this chapter, except as hereinafter provided.
19,000c___ Apr 1 1944 Providence reported that the city's
"(c) If any bank or trust company shall continue to hold such investin the
40,000c ..Apr 1 '45-'46 share of the net debt is $255,720.64.
ments of non-legal character made prior to May 26 1908 which,
invest10,000c___Apr 1 1947 leaving $101,677.48 as the town
opinion of the Bank Commissioner, are hazardous and unsafe for the
48,000c__ Apr 1 '48-'53 debt remaining. Bonds Numbers
ment of savings deposits, said Commissioner may, by giving notice in
9,000c___Apr 1 1954 151 to 191 (all Inclusive) remain as an
writing, require such bank or trust company to dispose of such investments,
re8.000c_ _Apr 1 '55-'56 obligation of the town of Johnston.
to substitute other investments of a character in conformity with the
such BOND.DEBT Apr 1 1919 $908,000 The
quirements of this chapter within one year from the date of receipt of
bonds given below are those resubstior
disposal
such
275,000 mainIng as an obligation of the town
notice, and said bank or trust company shall make
Note debt
10,504.183 after division. Chap. 882, Laws o.
tution in accordance with such requirement; but if it shall appear on written Assess. val. real
4,365,058 1912. Increases the limit of debt
request of such bank or trust company that additional time is reasonably
Assess. val. personal
necessary in which to make such disposal or substitution in order to avoid Total val.'18(4-5 act.)_ _14,869,241 which may be incurred by this town
unnecessary sacrifice, said Commissioner may grant a reasonable extension Tax rate (per $1,000) 1918._ _$17.50 (not counting temporary loans) to
of time for the compliance herewith.
Value of city owned prop__ _$978,994 5 of the taxable property.
"(d) If any investment of the savings or participation department of Popul'n 1910, 22.754: 1915, 23.708 4 s'15 -__ $85,000
$12,000
any bank or trust company, which has been set apart as provided in (a)
INT. at Industrial Trust Co., School bonds 1915
of this clause, shall be in default in payment of either principal or interest,
Refunding Bonds.
and at First National
&'23
_1918
such investment shall promptly be reduced in its book value approximately Providence,
1$25,0000
J-J
'08
4s
Bank. Boston.
to the market value of the same.
1 40,000o-1-928 & 1933
"(e) The uninvested funds of the savings or participation department
Bonds.
School
of any such bank or trust company shall be kept in a distinct deposit ac- CRANSTON. Providence Co. Inc. 430'17 M-N $7,500___May 1 1932
This city is in
count or accounts or demand certificates of deposit in such manner that the
BOND. DEBT May 1915 $196.000
73,500
same can be readily identified as clearly belonging to the segregated assets 1754. Population 1915. 26,940.
Notes outstanding
Highway and Bridge Bonds.
25,662
of such savings or participation deposits.
fund
Sinking
t 15 1925
"(f) Every bank or trust company shall keep an accurate account 4g15 M-S $50,000___Sep15
val.'15(X act.)......3,652.015
Assess.
'19-'26
June
exclu45.000c
the
for
4s '16 J-D
1914_415.00
wherein shall appear a complete list of the assets set apart
$1,000)
(per
Tax
Town
School-House Bonds.
sive protection of savings or participation deposits hold by it, showing the
1910, 5,935; 1915, 6,693
15 1935 Population
par value, book value, and, periodically,as often as a report is made to the 4s g '15 M-S $25,000_._Sept
INTEREST payable by Rhode Isl15'19-'31 and
Bank Commissioner shall enter in such account the fair market value of 4s '16 J-D 26.000c June
Tr. Co., Providence.
Hospital
45 '16 J-D ,12.500c June 15 '19-'29 and Nat. Shawmut Bank. Boston.
each of the investments of said assets.
5.000c__June 15 1930
"(g) The Bank Commissioner In requiring the substitution of investLINCOLN.
Gold Bonds.
ments under the provisions or (c) of this clause shall not require changes or
This town is in Providence Co.
J-J $300.000c&rJuly 1 '22-37
substitutions aggregating In any one year more than two per centum of 4s g
1 1929 Inc. 1871. Population 1915, 10,149.
the savings or participation deposits of any such trust company at the 4s g '94 F-A 135,000o&r_Aug15
A-0$125,000o___Oot 15 1928
1925 4s it
4s g '95 F-A 100.000o&rAug
time of the passage of this Mt
1939 BOND. DEBT Apr 30 '19.. $125,000
of This 3;0'99 M-N 50.000o&r_Nov 1
115,000
"Of Savings Bank Investmcnts Mild° Before the Passage
debt
Floating
1945
1
g '05 J-J 50,000o&r_Jan
95,500
Act.-Clause XVII. (a) The provisions of this chapter shall not render 4s g '07 M-N 100.000o&r-May 1 1947 Sinking fund and cash
_4.947,002
__
illegal any investments held by any savings bank prior to May 26 1908, 4s
Real
'18
val.
Assessed
000
75
_
'17
1,374,895
nor require the change of any such investment for those herein prescribed 4s
Personal
actual__
80%
TOT.BD-. DT. Apr 13'18 $916,500
Total_ _6,321,897
for the investment of savings deposits; Provided, however, if any savings
outside of debt limitations:
bank shall hold any such investment or investments which are in default in Bonds
95,000 Tax rate (per $1,000) 1918...$14.00
Highway and bridge___
the payment of interest or dividends thereon, or which, at any time, in the
INT. at Industrial Tr. Co.. Prov,
38,000
addition__ _
school
High
the
investfor
unsafe
or
hazardous
are
opinion of the Bank Commissioner,
Sinking fund Apr 13 1918_ 351,306 NARRAGANSETT.
ment of savings deposits, the Bank Commissioner may by notice.in writing
14,969
on hand
This place, located In Washington
require such savings bank to dispose of such investments; and such savings Cash
407,000 Co., was incorp. as a town June 1901.
NOTE DEBT
time
shall
such
unless
notice,
bank within one year from the receipt of such
360
estate_23,153,
real
val'n,
Assessed
Refunding Bonds.
be extended by the Commissioner, shall dispose of the same; Provided,
val'n J Tangible_ _ 2,335,595 5s '19 M-N $12,000e_May 1 '20-'23
further. said Commissioner shall not require the disposal of investments Assessed
2,847,725
1Intang.ible_
_
48,000c_May 1 '24-'29
personal..
the
of
per
centum
two
than
aggregating in value in any one year more
Total assessed val'n 1917_28,336,680
Highway Bonds.
amount of the deposits of such savings bank.
,3,815,340 40'13 M-N$25,000__Nov 1 '19-'23
Exemptions 1917
savings
any
by
held
bonds
any
If
XVIII.
-Clause
Bonds.
"Defaulted
Assessed valuation 1917_ _24,521,340
General Bonds.
bank shall be in default either in principal or interest, such investment shall Tax
rate (per $1,000) 1917_ _ _$15.50 is g '99 J-J $60.000o.._Aug 15 1929
promptly be reduced in its book value approximately to the market value
Bonds.
and
Improvement
1916
of
bonds
on
1915,
INT.
of the same."
15 1919
1917 at First Nat. Bank, Boston, or 4s g '88 M-N $72.000o_Aug
Clause XIX relates to "loans to officers of savings banks."
Provi- TOTAL DEBT Feb 25'19_ $191,605
Clause XX provides that bonds bought below par shall be entered on the Rhode Island Hospital Trust,
1,420
fund
Sinking
City
at
cost
int.
payable
other
actual
the
at
dence;
same
the
holding
corporation
the
books and returns of
Assess. val. (2-3 act.) '18..4,088,406
price thereof, and the discounts in the price thereof may, by an equal Treasurer's office.
Total tax rate (per $1,000)'18 515.00
annual amortization, be extinguished so as to gradually bring the book value
Population 1910, 1.250; 1915, 1.431
thereof to par at maturity.
°TIMBERLAND.
INT. on improvement bonds at
This town (P. 0. Valley Falls) is J. P. Morgan & Co., N. Y.; on gen"Borrowing by Savings Banks."-Clause XXI. It shall not be lawful
or
In Providence County, Population eral bonds at Nat. Shawmut Bank,
for any savings bank to borrow money for the purpose of investing
loaning the same, but this shall not be so construed as to prevent any 1915, 9,929; 1919, 11,000.
Boston; on highway bonds at Old
Bridge Bonds (exempt).
savings bank from borrowing for the purpose of meeting a run or unusual
Colony Trust ()o.. Boston.
withdrawals by its depositors, and in no case shall such borrowing exceed 4s '16 J-J $30,000c-July 1 19-'33 NEWPORT.
1,000c___July 1 1934
10% of the deposits of any such savings bank, and the provisions of Clause
Newport is in Newport County.
XXII of this section shall constitute a further exception to such prohibition BOND. DEBT Apr 30 '19 $151,000 Settled
in 1639; inc. 1784; re-chart110,000
against borrowing. The note or notes given may be issued either on the Floating debt
In 1853. Pop'n '15, 30.472.
ered
shall
and
owned,
securities
of
pledge
on
val.
real
or
estate
Assess.
7,227,014
corporation
general credit of the
Street !mot. Bonds.
Third
or
Assess. val., personal
3,012,085 _s '14
be made only upon authority granted by vote of the board of trustees,
June 1924
$18,000
of the investment committee if specifically authorized so to do, and shall Total assessed val. 1918
ation Bonds.
__Police-St
to
authority
the
which
at
meeting
the
10,239,099
(75% actual)
contain a reference to the minutes of
15'19-27
Nov
M-N$45,000__
4%s'13
borrow was voted. All such notes shall be executed in the name of the Tax rate (per $1,000) 1918..- _$11.25
Street Bonds.
corporation by its Treasurer and shall bear the corporate seal of the corTr.
Co.,
Old
Bost.
Colony
at
INT.
'19-'21
1
Nov
M-N$15,000__
'16
4s
and
Vice-President
or
poration, and shall be countersigned by the President
City Hall and impt. Bonds.
two members of the investment committee. No general authority to bor_May 15 1948
$153,000c_
g'98
M-N
4s
all
but
committee,
investment
the
or
row shall be voted by the trustees
EAST PROVIDENCE.
'00 J-J 18,000c_ _July 25 1930
borrowings shall be only upon a specific vote relating to the note to be
This town is in Providence County. 4s it
School and Consol.
issued. In event of such borrowing, such savings bank shall not make Incorp. March 11862. School bonds 4s Industrial
M-N $146,000c_May 15 1923
'93
paid."
all
are
given
notes
any new investment or loan until the note or
below are excluded in ascertaining 3 Asg'00 M-N 15,000c_ _ Nov 15 1930
Clause XXII. It shall be lawful for any savings bank to borrow money borrowing capacity,.
Fire Dept. Bonds.
for the purpose of purchasing bonds or other evidence of indebtedness of 4s '11 J-J $75.000c......July 1 1951 430'15 ___ $:33,000_Aug 15 '19-'29
the United States, issued on or after the first day of April 1918, provided
Public Improvements.
Highway Bonds.
exceed
so
borrowed
sum
the
of
that in no case shall the aggregate amount
4Sig'15 M-S $32.000c__Mar 1 1935 48 g'95 M-N $100.000c___May 1 1925
10% of the amount of the deposits of any such savings bank. The note
School House.
Funding Bonds.
n 1 1928
or notes given in payment therefor shall be made only upon authority 430'16
1941 4s g '08 J-J $40.000c___Ja
--- $75,000
committee
investment
the
or
of
granted by vote of the board of trustees,
J-D 150.000c.._ _June 1 1954
;0'04
3
Town Bonds.
20,0000_July 1 '19-'38
If specifically authorized so to do, and shall contain a reference to the
.T-.1
'08
4s
minutes of the meeting at which the authority to borrow was voted. All 4s g '93 J-J $25,0000.... July 1 1923 4s'14 M-S 100.000c_Mar 2 '20-'39
such notes shall be executed in the name of the corporation by its Treasurer, 4s g '93 J-J 120,0000_July 1 '33&'43
Easton Beach !mot. Bonds.
shall bear the corporate seal of the corporation and shall be countersigned 0'97 J-D 100,000c_.J'ne 15'22&47 is g '12 M-N 312.0000.May 1 '20-'22
by the President or Vice-President and two members of the investment 4s g '08 J-J 200,0000_ _Jan 1 1958 4s '13 __- J 6,000c_Feb 1 '20-'22
Bonds.
the
trustees
School
1 1.000c-__Feb 1 1923
committee. No general authority to borrow shall be voted by
or the investment committee, but all borrowing shall be upon only a specific is '08 J-J $76,000c -.July 1 1948
Broadway knot. Bonds.
5,000____July 1 1951 4s'15
4;0'11
J$7,000___Aug 15 1019
vote relating to the note to be issued.
__.
1
4;0'l1 J-J 80,000o....July 1951
1 4,000_ __Aug 15 1920
4;is'13 J-J
18.000____July 1 1953
Park Bonds.
4%s'18_.... 40,000
$40,000c_Feb 15 1927
F-A
'97
g
4s
CITIES. COUNTIES AND TOWNS IN
BOND.DEBT Oct 5 1918 $627,000
Athletic Field Bonds.
School bonds(exempt, not
'13 M-S $12,000_Mar 16 '20-'23
STATE OF RHODE ISLAND.
214,000 4sSewer
included)_
and Street Improvement.
Assessed val'n, personal__.$1,163,800 Floating debt
45,000
BARRINGTON.
'91 A-0 $70.000c _Apr 15 1921
106,828 4s Sidewalk Bonds.
A town in Bristol County. Incor- Pther assessable property_ A.076,000 Sinking fund
0
val'n
assessed
Total
1918.-8,680,30
real
val.
13,987,223
estate_
Population
1915,
Assess.
porated in 1770.
g '99 F-A 50,000c_ _Aug 1 1929
Town tax (per $1,000) 1918.--$18.30 Assess. val.fTangible_ _ _ 2,428,445 45 Sidewalk
2,982.
& Paving Bonds.
INT. at 'Industrial Tr. Co.. Prov.
personal lIntangible
1,304,745 4s '16 F-A;$28,000__Aug 1 '19-'25
TOTAL DEBT Apr 15,19.. $83,000
17,720,413
Tot. assess. val. 1918_
Assessed valuation, real ___3,387,125
2,500_ _Aug 11926
1
$15.00
Town tax (per $1,000)
Assessed val'n, personal_ __ 991,600
Permanent !mot. Bonds.
Pop'n,1915, 18,584; 1919(est) 20,000 3 Hs
Assessed val'n, intangibles_1,328,000 BURRILLVILLE.
_July 25 1930
'00
J-J
g
50,000c_
in
Is
Providence
town
situated
Thls
5,706,728
Total valuation 1918
Island
1 '19-'29
Rhode
at
the
payable
55,000c_Sept
INT.
Bon.
0g'17M-S
,
43
20,800 Co. Inc. 1806. Pop'n 1915. 8,086. Hospital Trust Co., Providence, and
•
Exemptions
I. 3,000c- __Sept 1 1930
Bonds.
Funding
_
_5,685,925
Net assessed valuation.._
Boston.
Co.,
Trust
City
s.
Road
Tax rate (per J Real & pers'1_ _312.20 33ig'99 M-S $60.0000_ _Sept 1 1939
430g'17M-S 330.000e_Sept 1 '19-'24
Highway improvement Bonds.
$4.00
$1,000)___Untangible
Land Bonds.
$8,000o&r Jan 1'19-'22 EAST PROVIDENCE FIRE DIST.
4s g '97 J-J
Ss '18 J-D $45,000_ _June 1 '20-'28
(Part due every live years)
BRISTOL. $50,0000...July 1 1922 5s '18 J-D 50,000c_June 1 '19-'28
430 g J-J
This town is In Bristol Co. Incorp. 3 Hg'02 M-S 140,0000__ _Aug 1 1942 4 ;is g J-J 100,000__July 1 1932 TOT.
BD. DT.May 1 '19 $1.273,500
BOND.DEBT Jan. 31 '17.. $110,000 BOND.DEBT Apr 1919...1185,000 Floating
in 1746. Pop'n 1915, 10,302.
26.000
debt (notes)_..._
5,100
Floating debt
Sewer Bonds.
fund May 11918.. 419,978
Sinking
Prov.
Tr.
Co.
Industrial
at
INT.
fund
27,065
sinking
General
1930
1
__Sept
3;is g M-8 $55,000o_
Real
44.470.300
val.
'17j
the
by
Assess.
issued
while
bonds,
The
above
15,486
.1932 Cash on hand
M-S 40,0000
4s
19,347 district, have been assumed by the (907 act.) 'Personal -23,459,200
Unpaid taxes
Refunding Bonds,
67.929,500
Total
E. Prov. Water Co., which purchased
M-S$100,000e. __Soot 1 1930 Assessed val'n, real estate_3,456,275 the
345
system some years ago. Al- Tax rate (per $1.000) 1916._ _816.00
BOND.DEBT Feb 1 1919- $155,000 Assessed val'n, personal......1
INT. at Newport except on Industhus assumed, the district
Floating debt & note debt_ _ 42,050 Total valuation 1916 _ _ _4,517.075 though
relieved of the respon- trial School Loan, which 19 payable b t
36,578 Tax rate (per $1,000) 1-91-6_ -.$13.00 has not been
Sinking fund
Old Colony Trust Co.. Boston.
INT. at Industrial Tr. Co.. Pray. sibility of their nayment .
Assessed val'ne,ral estate-6.490,500
JUNE, 1919.]
CONNECTICUT-DEBT OF STATE.
41
NEW SHOREHAM.
PROVIDENCE. W. L. Clarke, Tr.
ASSESSED VALUATIONWESTERLY.
A town in Newport County. PopThe city is situated in Providence
1918.
1917.
This town is in Washington County.
ulation 1915, 1,414.
County. which has no debt. On Real est_$234,931,1
60 $231,868,240 Inc. 1669. Population 1915.10.175.
BOND. DEBT May 1 '16.. $150,500 June 1 1898 a portion of the
town of Personal
156,864,060
Funding Bonds. '
Note debt
36.600 Johnston. representing about live- Total__ _ _*167,924,180
3102,855 340 $388,732,300 4s _g '09 J-D $100.000o-June 1 1939
Floating debt
22,599 sevenths of the assessed valuation, Tax p. M.
$1.50
$18.50
Refunding
Bonds.
valuation
Assessed
1916_ ..1.051,500 was annexed to the city of Pro- Amount
45
J-J $30.000c-Jan 2 1929
Tax rate (per 51,000) 1916--415.00 vidence, and the latter assumes
of tax__ 56,070,966 55,854.471
Water
Loan,
$255,720.64 of the net debt of the
M-S $15,000r-Sept 1 1927
* Includes $95,300,480 intangible 48
NORTH KINGSTOWN.
old town of Johnston. City was
This town is in Washington County incorporated 1832. None of the property, which is taxed at $4 per 3 Hs g F-A 73,000o___Feb 1 1929
354sg'05M-S 65,000o_ _ _Moh 1 1930
$1.000.
Inc. Oct. 28 1674. Pop'n '15, 3,931. city's bonds is tax-exenipt.
POPULATION.-In 1918, 263- BOND.DEBT Apr 1 '19_ 8368,000
Funding Bonds.
Bonds.
000; in 1915 was 247,660; in 1910 it Water debt (incl.)
238,000
4s '05 M-S $125,000o_ _ _Deo 1 1940 48 Harbor
g '15 J-J $500.000c&r_Jan 1 1945 was 224,326.
Floating debt (add'i)
382,800
BOND. DEBT May 1 '19- $125,000
Sinking fund (water)
95,800
Floating debt
17,333 48 g '16 J-J 1250,000c&r_Jan 1 1946
Assess. val. real estate
9,140,500
School Loan.
Sinking fund (Gen'l)
34,750
SOUTH KINGSTOWN.
Assess. val. personal
3,958,200
Assess. val. real
3,823,090 Is g '95 M-N $300,000r_May 1 1925
This town (P. 0. Wakefield) is in Total
assess. val. 1918_ _ _13,098,700
Assess. val. personal
1.456,475 48 g '97 A-0 500,000o&r.Apr 1 1927 Washington County. Inc. Feb. 26 (Assessment
about X actual value.)
Total assessed val. 1918.-5,279,565 3 Xsg'99M-N 350,000r.. ..May 1 1929 1722. Pop. 1915, 5.497.
Tax (per $1,000) 1919
$19.00
3%sg'04M-N 300,000r___Nov 1 1934
Tax rate (per $1,000) 1918_ Improvement Bonds.
INT. on funding 4s at Old Colony
INT. at Industrial Tr. Co.. Prov. 3 4sg'06J-D 300.000r_ _June 1 1936 4s'92 J-D $14,550r_Deo 15 '19-'21
3M sg'07M-N300.000r_ _ _May 1 1937 ($5,000 in even & $6,000 in odd yrs.) Tr. Co.. Boston; other coupon bonds
3 sfrO9M-N300,000_-May 1 1939
at U.S. Mtge. & Trust Co., N. Y.
NORTH PROVIDENCE.
Fund i ng Bonds.
This town is in Providence Co. 46 g 13 M-N300,000r......Nov 1 1943 4s '12 J-D $81.500eJune 15'19-'33
Incorporated 1765. By a special 4s g '16 J-J 500,000c&r_Jan 1 1946 BOND.DEBT Apr 19 '19.. $108.000
Act of the Legislature this town is 4s g '17 J-J 500,000c&r-Jan 1 1947 Floating debt
WARWICK.
41.000 WEST
given authority to borrow up to 7%
This place(P.0. River Point) is in
Assess. val real estate..
Fire and Police Loan.
4,080,445
of its assessed valuation.
3 Xsg'02M-N $258.000r_Nov 1 1932 Assess. val. personal
3,325,815 Kent County. Incorporated 1913.
Funding Bonds.
Total valuation 1918
7.134,965 3548 • J4 $149.000c ____Jan 1 1932
Bridge Loan.
4s g '05 A-0 $65,000o___Oot 1 1935
4iig'14J4 00,000 _
(Assessment fair cash value.)
_July 1 1944
454s g J-J 42,528__July 1 '19-'42 3%sg'04M-N $200,000r.._Nov 1 1934 Total tax (per 11,000) 1918_514.00
BOND.DEBT Apr 1 1919 6449.000
BOND. DEBT Apr 14 '19 $110,000
Sewer Loan.
Sinking fund
89,434
INT. at R. I. Hosp. Tr. Co. or at Assess.
4s
g
J-J$1.125,000o
Floating debt
'91
val.real estate_ _ _ _ 6,868,570
&rJuly 1 1921 Town Treasurer's office.
80,000
Sinking fund. &o
Assess. val. personal
20,665 45 g '92 M-S 500,000o&r.Moh 1 1922
4,469,829
Assess. val. '18l Real estate4,236,530 45 g '93 A-0 500,000o&r.Apr 1 1923
Tot.assess.val.'19(60%act)11,338,399
Tax rate (per 51.000)
(X act.)
1Personal _ _1.249,800 45 g '95 M-N 800,0000&r.May 1 1925 TIVERTON.
This town is in Newport County. Population in 1915 • 1919-$13.50
Total valuation 1918-- -5,486,330 Is g '96 J-D 500,000o&r.June 1 1926
15.782
Refunding Bonds.
Total tax (per $1,000) 1E4.9_412.00 Is g '97 A-0 50,0000&r.Apr 1 1927
INT. in Prov. at R. I. Hosp. Tr.
48
'12
M-S
$52,000Sept 1 '19-'42 Co.
Population 1910. 5.407; 1915, 6.780 3 34sr98A-0 200.0000&r.Apr 1 1928
and
Union
Tr.
Co.
INT. at Industrial Tr. Co.. Prov. 3s g 99,M-N 250.000o&r.May 1 1929 BOND. DEBT Apr 15 '19- $52,000
3s g '00 M-N 300,000o_ May 1 1930 Floating debt
55,000
3s g '01 M-N 300,000r_May 1 1931 Assess. val. real estate__ _3,986,772
PAWTUCKET.
T.
This city is in Providence County. 3 Asg'03M-N 500,000r......Nov 2 1933 Assess. val. personal prop.
- 765,935 WOONSOCKE
Woonsocket Is in Providence
Inc. Mar.27 1885. Pop'n '15, 55,335 3 %sg'04/4-N 200,000r.._Nov 1 1934 Total assess. val. 1918
4,752,707
46 g '06 M-N 350,000o---Nov 1 1936 Tot, tax rate (per $1,000)'19412.00 County. inc. town in 1867.• city
Grade-Crossing Abolition.
June 13 1888. Pop'n 1915, 40.075.
4Xg'15 F-A$276,000c&rFeb 1 '20-'65 3 34sg'l0M-N 400,000r__..May 1 1940 Population 1915
4,409
City Hall Bonds.
4j'16 --- 47.000c&rMay 1'20-66 330F'11M-N 500,000r- _-Nov 1 1941
Is g '03 M-N $100,000o-May 1 1923
g 14 M-N375,000-__May 1 1944 WARREN.
General Funding Bonds.
School
Bonds.
48 g '08 J-J $210,000c&r July 1 1948 4sg 17 M-N300,000c&r-Nov 1 1947
ThLs town is in Bristol County. 41 '03 M-N
$97,000o ...,May 1 1923
200,000c&r_July 1 1950
4g10 J-J
Incorporated in 1747.
Hospital Bonds.
4348'15 J-D 150.000c---June 1 1945
General Account Bonds.
Sewer
3346g'10M-N $375,000r_ _May 1 1940
Bonds.
unding
Bonds.
822,000c-July 1 1919
4sg '16 J-J $115.000c_July 1 '19-'41 48 g '94 A-0$256.000r-Apr
1 1924
4s '89 J-J 1 50,000c___July 1 1924 Is Park Loan,
Refunding Bonds.
48 g '97 M-N 238,000r...May 1 1927
50.000c__ July 1 1929 3 g '92 M-S $500,000o&r.Moh 1 1922 4s g
A-0 $16,000c_Oct 1 '19-'22 434sg'07J-D 200,0000_
Xsg'97M-N
674,000r_
_June 1 1927
_May
1
1947
48 g '96 J-J '222.000c ___July 1 1936 48 08 M-N
School
Bonds.
48
'08
s-a
435,000o&r
260.000r.... May 1 1938 4s g
1933
4s g '97 M-N 130,000o&r May 1 1937
F-A $45,500c___Feb 1 1920 48 '11 J-D 250.000o--June
1 1941
3 Xsg '02J-D 55.000r___J.une 1 1922 4sg 17 __ 300,000..___Nov 1 1947 BOND.DEBT Apr 15 1919 $178,000
4 %tell J-D 250,000o__ _June 1 1941
Public Improvement.
4s g '04 M-N 490,000o_ _May 1 1944
Floating debt(addl)
25,000 4548'14 M-N500,000____May 1 1944
4g g'16M-N140,000r_May 1 '20-47 3 Xsg'97M-N $640,000r_ -May 1 1937 Assessed valuation, real _ _ _4,694.665
Gen'i & Highway Acct. Bonds. 3s g '99 M-N 84.0000.. May 1 1929 Assessed val'n, personal_ _2,181,050 43 '17 M-N500,000c___Apr 1 1947
Ea g '18 M-.9 323,000_Mar 15 '20-38
46 g '03 A-0$442,000c___Apr 1 1923 Is g '08 M-N 295,000r_ May 1 1938 Assess. val. intangible prop.
937,225
160.000_Mar 15'39-48
4s g '17 J-J 322,000c&r_Ja
Sewer Bonds.
n 1 1947 Total valuation 1918
7,812,940
58
'18
i340,000
1919-1938
A-0$339.0000_
_Apr 1 1923
48 g '93
(Assessment at 70 to 80% act. value.)
Weybosset Bridge Loan.
• 1160,000
1939-1948
3 Xsg'00A-0 17,000r-Apr 1 1930 3343'9931-N
Total
tax
rate
(per
81,000)'18-$18.00 5s '19 A-0 800,060__Apr 1 '20-'59
$270.000o&r.May 1 1929
4s g '94 J-J 156,0000&r July 1 1934
Population 1915
7.241
Sewer Bonds.
Water Loan.
4s g '97 M-N.225,0000&r.May 1 1937
INT. payable at Old Colony Trust 4s g '93 F-A 547.000r.....Aug 15 1921
48 g '04 M-N 35,000o, May 1 1944 Is g '93 A-0$566.0000&r.Apr 1 1923
4s g '97 F-A 32,000r _Feb 15 1921
- July 1 1948 41 g '97 A-0165.000o&r Apr 1 1927 Co., Boston.
4s g '08 J-J 80,000o&r
4s g '97 F-A 43.000r ,.Aug 15 1025
43is g'10 J-J 90,000c&r July 1 1950 4s '16 J41,000,000c&r_July 1 1956
3 Asg'01F-A 71.000r__Feb 15 1925
WARWICK.
4q1s g'12 J-D 40.000c&r Dec 1 1952
Refunding Water Loan.
This town is in Kent County. 4s g '04 J-D 81.0000___June 1 1924
4 sg'16M-N75.000c&rMay 1'20-'44 3sg'00M-N$1,014,0000&rMay_l 1930
Patent granted and signed by the 434s'16 J-D 50.000c_ _ _June 1 1945
Bridge Bonds.
Earl of Warwick March 14 1643. 4s '17 F-A 35,000-_Feb 15 1925
Loan.
4si'04 M-N $25,0000_ ..May 1 1934 4s Highway
g '94 M-N $1,200,000r.May 1 1924 Town divided Nov.4 1913; now
War- Febl'20-'44 3s g
Water Bonds.
4 sg'15F-A 75,000c&r
'00 M-N 300,000o&r.May 1 1930 wick and West Warwick, The 3541 3 54sg'01M-N$200
chool Bonds.
,000r __May 1 1931
46 g '06 M-N 300.000o&r.Nov 1 1936
below were issued prior to the divi- 4s g '03 M-N 100,0000-May 1
3 Msg'02J-D $13,000r_ Anne 1 1922 4s
g '14 M-N 700.000r-May 1 1944 sion. The 4348 were issued in June 4s g '04 J-D 150,000o...._June 1923
3)4s g'99A-0 50,0000&r Apr 1 1939 4s g
1 1929
'15
J-J
1500,000c&r_J
take
1914
to
up portion of indebed- Is g '05 M-N 50.0000___Nov 1 1935
an 1 1945
48 g '04 M-S 120.000o_ _Mch 1 1929
Refunding Bonds.
4sg '08 J-J 78,000o&r.July 1 1938 45 g '16 J-J 300,000c&r_Jan 1 1946 ness of old town of Warwick
348
3
*5251,000c___
J4
g
Jan
JOHNSTON
1
1932
4 54sg'07J-D 1200,0000...June 1 1927
BONDS (Annexed).
414g'12 J-D 40,000c&r_Dee 1 1942
4 g'14 J-J 350,0000 _ _ _July 1 1944 BOND.DEBT Apr 5'19 $5.318.000
School District No. 1.
43i g'15F-A 185,000c&rAug 1'19-'55
chool Bonds.
Floating debt
4s '97 M-N $17,000o.... _Nov 1 1927
4s '17
273,000
285.000
43
,
0
J-J
'16
$18,750c_July
1 '19-'21 Sinking fund
School District No. 15.
Street improvement Bonds.
1,491,425
70,000c-July 1 '22-'31 NET DEBT Apr 5'19- 3,650.239
4s g '94 J-J 255,000c-July 1 1934 48 '94 A-0 130.000o_Oot 1 1924 BOND.
DEBT
Oct
31
1918
$689,000
Water
M-N140.000c
debt (included)_
4s g '05
-Nov 1 1935
500,00
INTEREST payable as follows:
Sinking funds
139,227 Water sinking fund (Inc.) 157,382
3 Xsg'99A-0 $100 000r ..Apr1 1939
Park loans due 1922; highway due Assessed valuation, real.. _12,875,202 Sewer debt (included)..
Highway and bridge Bonds.
359.00
Assessed
1930,
1944.
1945
and
val'n,
1936;
personal
public
im6,505,943
Sewer
slaking fund (incl.)_ 240,28
4 Xs'10 J-J $125.0000&r July 1 1950
414g'12•_ 40.000c&r_Dec 1 1952 prov't 1929; school 1927: sower 1921 Total val. 1918(66% act.)19,386,145 Assess. val.real est.
24,957,65
4 g'14 J-D 75,000c&rrne 1 '20-44 to 1923, 1925 to 1930, 1936 and 1944 Total tax rate (per $1,000)'18_815.00 Assessed val'n, personal 12,885,65 (
and
1947;
water
Population
1923,
in
1927,
1915
1930 and
13,302 Total valuation 1918
4 g'14 J-D 50,000c&rrne 1 '20-44
37.845,30
(
4 sg'15F-A 135,000c&r 1919-1920 1956; harbor 1945 and bridge loan at
354s are payable prin. (Assessment about fair cash value.
Nat. City Bank, N. Y., and at the & INT.-The
Police Station Bonds.
int. at Rhode Island Hospital & Tax rate (per $1,000) on real
Treasury
City
in
Providence; on Trust Co., Providence; the 454s at
estate and personal, 1918_ _$17.0 (
430 '15F-A $27,000c&rAug 1'19-'45 Johnston
School bonds at Industrial First Nat.
Val of city prop. 1918.-3,000,00 (
Fire-Station Bonds.
Bank, Boston.
Population 1915
48 g '05 M-N $13,000o_ _ _Nov 1 1930 Trust Co. in Providence; on all other
*
Part
of
40.07
an
issue
of
$400,000,
of
43g'12 ,._..- 35.000c&r_Dec 1 1937 loans at City Treasury.
which $251,000 is assumed by WarINTEREST on coupon bonds 1 I
4 sg'15F-A
2,000c&rAug 1 '19-'20
TOT.DEBT,SINKING FUNDS, wick and $149,000 by West Warwick. pay hie at First Nat. Bank, Boston.
4 sg'15P-A 13,000c&rAug 1'19-'20 ETC.Mar. 311919.
Public Park Bonds.
Bonded debt (Incl. water
43.4s g'10J4 $40.000o__July 1 1950
debt)
$22,820,000
4 4g'12_-_-,_ 10.000c&r_Dec 1 1952 Floating debt
1,956,240
43 16M-N 38.000c&rMay 1'20-'56
Water Bonds.
Total debt
$24.776,240
4s '89 J-J $298.000o.._July 1 1919 Sinking
funds,
&o.._
- 11.033,071
3 Xs g'00A-0 25,000r _ _ _Apr 1 1930
ITS
4s g '94 J-J 70,000o_ _July 1 1934
Net debt
$13,743,169
DEBT, RESOURCES, (tc.
46 g '97 M-N 100,000o&r.Ma
y 1 1937 Water debt (inch. above). 52.845.000
4s g '04 M-N 98.000o___May 1 1929
The notes outstanding on Mar.31
$70,000c&r_July 1 1923
One of Original Thirteen
representing the floating debt Admitted as a State
4s g '08 J-J . 70,000c&r_July 1 1928 1919
were issued for and are chargeable Total area of State (square miles)
70,000c&r_JulY 1 1933 to the following accounts:
5.004
85,000c&r_July 1 1938 Receiving
State Capital
tomb, North BurHartford
25,000c&r_July 1 1920
ial Ground
43isg'10J4 . 25,000c&r_July 1 1925
$1,000 Governor (term exp. Jan.
1921)
Marcus H. Holcomb
202.000
25,000c&r_July 1 1930 School houses and lots
29,202 Secretary of State (term exp. Jan. 1921)_
25,000c&r_July 1 1935 Public playground
Frederick L. Perry
Highways,special
44g 12 J-D 140,000c&r Decl'19-'37
912,000
comfort
Public
station
($35,000 due every 5 years.)
Treasurer (term exp. Jan. 1921)__Fred,rick S. Chamberlain
4s g J-D 80,000__June 1 '20-'39 Olneyville grade crossing..___ 80:272
4s g J-D 60.000 June 1 '20-'39 Public bath houses
53,279 State Comptroller (term exp. Jan. 1921)_ _Morris C. Webster
431sg M-N110.000__MaY 1 '20-'41 Dexter Asylum, loan account 22,500
ectipit'n of Debt Jan. 1 1919. Harbor improvement
243,500 Attorney-General (term exp. Jan. 1923)___ Frank E. Healey
account
Police
loan
General debt
5,000
11,318.000 Sewer construction
Sewer debt
55,000
1.060,000 Fire loan account
LEGISLATURE meets biennially
odd years on the Wednesday folWater debt
178,487 lowing the first Monday in January. in
1.376,000 Emergency
A constitutional amendment adopted
loan account
16,000 in Oct. 1911 limits the length of each session
to the first Wednesday after the
Supply
Board
Water
Loan.:
Total bonded debt
.100,000
16,754.000
first Monday in June. V. 95. p. 1435.
Floating debt
302,000
Total
$1,956,240
HISTORY OF DEBT.-For early history of the Connecticut State debt
Total debt
WATER WORKS.-The water- see "State and City Supplement" of April 1895.
$7.286;000
36. The
%
Less Sinking Fundsworks construction amount to Oct. 1 bonds below, it is provided, "shall be exempt from page
taxation by or under
General
1918 amounted to 17,071,283.41. /n State or municipal authority." The 4s are also exempted from taxation,
830,341
Sewer _
year 1917-18 income from water but the Act provides that "this exemption shall not be construed to apply
363,659
Water
510,541 1,704,543 rents, &c., was $939,792.12; cost of to corporations taxed under the provisions of Section 2331,General Statutes,
maintenance and interest on water and amendments thereof." Connecticut's debt now is as follows:
NET DEBT Jan 1 1919-$5.581,457 loans, $551.630.15; transfer
Assessed valuation. real...52,017.820 preciation and extension fund. to de-Interest
Principal-$140,Name and Purpose.
Assessed val., personal_ _ _17,737,380
Bate. Payable. When Due. Outstand'a.
153.22; surplus, 5248,008,75. The State
bonds
Personal prop.(intangible) 2,653,773 total
1909 3 54 A-0 'April 1 1934 $3.000,000
value
of
city
property
in
1918
do
do
Total valuation 1918
1911 4
J-J
July 1 1936 9,062.000
72,408,973 was as follows: Real estate (including War
loan
(Assessment fair cash value.)
1865
Ceased
Oct. 1 1885
100
water works valued at$4,897,326.40
• Subject to call after April 1 1924.
Tax rate (per $1,000) 1918-$17.50 S19.245.001.40; nersonal
property;
Popula'n 1910, 51.622; 1915. 55.335 $1.045,460.87. Trust funds
were
INTEREST on all bonds is payable in Hartford, Conn.. but checks are
INT. at First Nat. Bank. of Bost. valued at $026.909.43.
mailed on request.
State of Connecticut.
42
CONNECTICUT-DEBT OF STATE
[VOL. 108.
each fiscal year
per annum on Its outstanding shares of capital stock inbonds
or interestfor the 5 years next preceding such investment, or in the
tunnel or
bridge,
depot,
terminal,
railroad,
a
bearing obligations issued by
street railway corporation organized under the laws of any of the New
England States or the State of New York assumed by a railroad corporation
under the laws of any of the New England States and owning
Net bonded debt_ _ _(sur..)$642,572 $2,607,979 $8,255,588 $11,920,003 organized
in fee not less than 300 miles of railroad located in said States and complying
x The General Assembly of 1915 enacted a law providing for a sinking with all the provisions of this section; if any such railroad corporation shall
fund of $500,000 annually, to be taken from the State tax on the towns and be leased to another railroad corporation organized under the laws of any
used in the purchase of State or municipal bonds. The bonds so purchased of the New England States and owning in fee not less than 300 miles of
are to be held and the proceeds, with the interest on the purchased bonds railroad located in said States, under a lease which provides for the payon the
are to be used for the redemption, at maturity, of all State bonds. Under
ment by the lessee as rental an amount sufficient to pay dividends
so capital
stock of the lessor amounting in the aggregate in each fiscal year
that law $1.000,000 has been collected and invested with the interest,
in
now
are
4%
than
less
$1,004,500
not
to
of
lease
par
value
said
of
the
of
term
city
securities
the
that town and
of said lessor corporation during
the sinking fund. In addition to this, the sum of $2,679 85 of the interest on its outstanding capital stock, such lessor shall be regarded as having
is now invested. The 1917 General Assembly authorized the State Treas- paid its dividends within the meaning of this sub-division, but in case the
urer to transfer the sum of $3,000,000 from the Civil List Funds of the lessee shall hold any shares of the capital stock of the lessor, such shares shall
State to the sinking fund.
not be considered as outstanding within the meaning of this sub-division.
(7) In bonds or debentures actually issued by • a railroad corporation
ASSESSED VALUATION.—Assessed value believed to be fair value.
the railroad
Tax
valuation.
Years.
Tax
valuation.
Years.
incorporated in any of the New England States, at least 34 ofin
valuation.
Tax
Years.
possession
such corporation. is
1917--$1,375,708,933 1912____$1.102.990.545 1905____ $712,519,166 of which is located in said State, whether
694,200.162 of and is operating its own railroad or such railroad is leased to another
1916-- 1,278,357,574 1911---- 1,041.334,019 1900—__
England
States,
New
the
of
one
any
in
452,863,714
incorporated
1895-railroad corporation
1915---- 1,174,551.713 1910-- 997.500.664
secured either by a mortgage
1914-- 1,105,081.413 1909-- 965.629.807 1888_ --- 354.557.515 provided such bonds or debentures shall be
investment,
the
making
of
time
the
at
is
or
thereof,
date
the
at
was
which
These valuations do not include steam or electric railroads, banks, inmortgage on not less than 75% of the railroad of such corporation
surance or investment companies and only a small portion of cash. bonds a first in
fee at the date of the mortgage, or by a refunding mortgage which
owned
or notes.
•
retirement of all prior lien mortgage bonds of such railroad
Under Chapter 106, as amended by Chapter 165, Laws of 1901, the State provides for the
or by a mortgage which is a prior lien on some part of the railcollects the tax on every bank, national banking association, trust, Insur- corporation,
a refunding mortgage which provides for the retirement
by
covered
road
from
not
exempt
is
ance, Investment and bridge company whose stock
all outstanding prior lien bonds, or that if the railroad and railroad
taxation, and remits the amount so collected to the various city and town of
corporation are unincumbered by mortgage, such bonds
of
such
property
grand
In
the
included
was
previously
stooks
such
of
The
value
treasurers.
or debentures shall be issued under the authority of one of said States which
list of each town.
no such railroad corporation which has issued bonds or
that
provides by law
POPULATION OF STATE.—Population has been as follows:
shall subsequently execute a mortgage upon its road, equip261,942 debentures
309,978 1810
537,454 1840
1910-1,114.756 1870
or upon any of its real or personal property, without infranchise
ment,
251.002 cluding in and securing by such mortgage all bonds or debentures previously
297.675 1800
460.147 1830
1900--- 908,420 1860
237.946 issued and all pre-existing debts and liabilities, and provided such corpora275,248 1790
370.792 1820
1890--- 746.258 1850
than 4%
1880--- 622,700
tion has paid in dividends in cash an amount equal to not less
for the
per annum on all its outstanding capital stock in each fiscal year
DEBT LIMITATION.—The constitution of Connecticut contains but a five
investments. If any such railroad company
such
preceding
next
years
is
provision
The
power.
single provision restricting the debt-making
railroad corporation under a lease
such
of
another
railroad
the
hold
shall
suffiArticle 25, adopted as an amendment in 1877, and is as follows:
which provides for the payment by the lessee as rental of an amountin
the
No county, city, town, borough or other municipality shall ever sub- cient
to pay dividends on the capital stock of the lessor amounting
scribe to the capital stock of any railroad corporation, or become the pur- aggregate in each fiscal year of said lessor, during the term of said lease,
chaser of the bonds, or make donation to, or loan its credit in aid of, any to not less than 4% on all its outstanding capital stock, such lessor shall be
such corporation; but nothing herein contained shall affect the validity of regarded as having paid its dividends within the meaning of this subany bonds or debts incurred under existing laws, nor be construed to pro- division; but in case the lessee shall hold any shares of the capital stock of
hibit the General Assembly from authorizing any town or city to protect by itie lessor such shares shall not be considered as outstanding within the meanadditional appropriations of money or credit any railroad debt contracted
ng of this sub-division.
prior to the adoption of this amendment.
made a legal
(8) No bonds or other interest-bearing obligations shall be issue
The foregoing Is explicit and comprehensive, covering every municipality.
thereof,
in
bonds
'investment by sub-divisions 6 and 7 in case the authorizedassuming
There were formerly no general restrictions upon the issue of
corof the issuing or
the statutes, such restrictions as were provided from time to time being together with all outstanding prior debtsthat
issued under
be
legally
may
debt
of
Secall
evidences
indeed,
including
to
towns,
As
city
charters.
poration.
in
Acts
and
Inserted in enabling
authoriprior
assumed
its
of
any
under
tion 1931. Chapter 121, of the Revised Statutes of 1902 granted unlimited any of its prior authorizations or
of a refunding mortgage, the
power to issue bonds. The 1915 Legislature, however, by Chapter 318 zations, after deducting therefrom, In case mortgage
to retire prior debts
passed an Act as comprehensive as It is simple. It is defined as "An Act bonds reserved under the provisions of said
stock of said corlimiting the indebtedness which towns and municipal corporations may in- at maturity, shall exceed 3 times the outstanding capital
ininvestment.
shall
such
of
thereof
date
the
at
or
subdivision
poration
municipality
"No
that:
and
provides
cur,"
centum
per
cur any indebtedness, through the issue of bonds,in excess.offive
(9) In the bonds issued by a railroad, terminal, depot, bridge, tunofits grand list, unless otherwise provided by special Act.' V. 101. p. 2158. nel or street railway corporation organized under the laws of any of the New
States or the State of New York tho property of which is located
TAX EXEMPTION.—A law was enacted by the 1917 Legislature, England
wholly or in part in one of said States, or in the bonds issued by a railroad,
exempting from taxation within the State all bonds, notes and other evi- terminal,
depot, bridge, tunnel or street railway corporation. organized
dences of indebtedness issued after April 1 1917 by the U. S. Government,
laws of any of said States, assumed by a railroad, terminal,
and by any county,town,city, borough or other municipal taxing district in under the
tunnel or street railway corporation organized under the
bridge,
depot,
this State. The full text of the new law was given in the "Chronicle" of laws of said States,
provided such bonds shall be secured either by a mortApril 21 1917, page 1617.
the investgage which was at the date thereof, or is at the time of making
on not less than 75% of the railroad owned in fee
mortgage
RESTRIC
first
a
AND
ment,
SAVINGS BANK INVESTMENTS—PRIVILEGES
corrailway
street
or
railroad
a
of
TIONS.—A complete revision of the law concerning investments by savings at the date of the mortgage, in the case
terminal, depot, bridge or
banks was made by the 1919 Legislature. The text of the law as it now poration, or the fixed property, in the case of aissuing
or byrebonds,
the
corporation
the
by
owned
corporation,
tunnel
stands follows:
retirement of all prior lien bonds
Sec. 1. Section 3972 of the General Statutes is amended to read as follows: funding mortgage which provides for the
which Is a prior lion on some part of
Savings banks may invest their deposits and surplus only as provided in of such corporation, or by a mortgage mortgage
which provides for the rea
by
refunding
covered
or
interestproperty
bonds
the
or
chapter 204 of the General Statutes: (1) In the stock
No bond shall be made a
bearing notes or obligations of the United States, or those for which the tirement of all outstanding prior lien bonds.
bonds are guaranteed,
the
unless
sub-division
the
of
this
the
under
payment
for
legal
investment
provide
to
pledged
is
States
the
United
faith of
principal and interprincipal and interest, including the bonds of the District of Columbia; principal and interest, by endorsement by,or guaranteed
assumed by a railroad corpora(2) not exceeding ten per centum of their deposits and surplus in bills of est by endorsement, which guaranty has been
the New England
in
railroad
of
miles
than
300
by
less
not
fee
accepted
in
and
of
owning
goods
tion
purchaser
on
the
exchange drawn by the seller
under sub-division 6. No
such purchaser, provided such bill of exchange is indorsed by any national States, whose bonds are made a legal investment
this sub-division in case the mortbank, member of a Federal Reserve bank, State bank or trust company bonds shall be made a legal investment by total
issue of bonds which, added
In this State, or in the city of Boston, Massachusetts, the city of Providence, gage securing the bonds shall authorize a 8 of the
guaranteeing corporation,
Rhode Island, the city of New York, New York, or the city of Philadelphia, to the total debt described in sub-division of all previously
guaranteed bond
amount
Fedthe
authorized
of
the
13
therein
section
by
including
authorized
the
acceptance
in
and
Pennsylvania,
stock of said guaranteeing
capital
outstanding
the
any
times
of
issues, shall exceed 3
eral Reserve Act of the United States or any amendment thereto,
national bank, or member of a Federal Reserve bank, in this State, in the corporation at the time of making said investment.
city of Boston, Massachusetts, the city of Providence, Rhode Island, the
(10). In the mortgage bonds,as described in sub-division 15,issued or ascity of New York, New York, or the city of Philadelphia, Pennsylvania, snmed by any railroad corporation Incorporated under the laws of the
or of any State bank or trust company in this State which may be author- United States, or any State, provided such railroad corporation owned in
ized to issue such acceptances, nor shall the amount invested in such accep- fee during each of the 5 fiscal years of such railroad corporation next pretances and bills of exchange of any one bank by any savings bank, when ceding the date of such Investment not less than 500 miles of standardadded to the sum of any funds deposited by the savings bank in such bank, gauge railroad, exclusive of sidings, within the United States and provided
exceed thirty per centum of the capital stock, surplus and undivided profits such railroad corporation has compiled during each of said fiscal years
of such depositary bank; (3) in the stock or bonds or interest-bearing obli- with the provisions of sub-division 14, or if such corporation owned in fee
gations of any State of the United States which was admitted to Statehood less than 500 miles of such railroad, the gross earnings of such corporation,
prior to January 11896, which has not, within ten years previous to making as reckoned in sub-division 14, shall have boon not less than $10,000,000.
such investment by such corporation, defaulted for more than ninety days
issued or as(11) In the mortgage bonds, as described in sub-division 15,of
in the payment of any part of either principal or interest of any debt authorby any railroad corporation incorporated under the laws the United
ized by the Legislature of such State to be contracted; and in the bonds or sumed
the
5
of
each
fiscal years of
States, or any State thereof, provided during
its
interest-bearing obligations of any such State of the United States which such
railroad corporation next preceding the date of such Investment
have been issued and outstanding for a period of at least ten years railroad
has been
bonds
its
securing
mortgage
the
of
lien
to the
previous to making such investment by such corporation, and which have operatedsubjected
and which has complied with all
in.
described
a
by
corporation
State,
such
of
Legislature
of
the
been issued in pursuance of the authority
a legal
the provisions of, sub-divisions 10 and 14. No bonds shall be made
(a) for the funding or settlement of any previous obligation of such State investment
this sub-division unless the bonds are guaranteed principal
theretofore in default, or (b) for the refunding of such funding or settlement and interestby
principal and interest 13y
guaranteed
or
by,
by
endorsement
funding
said
which
obligation of such State theretofore in default, and on
which guaranty has been assumed by, the corporation operor settlement obligation or obligation issued to refund the same there has endorsement
the railroad covered by the mortgage securing the bonds and which
been no default in the payment of either principal or interest since its issue, ating
with all the provisions of sub-divisions 10 and 14.
complied
has
such
any
of
Legislature
provided the authorization of any obligation by the
assumed
State hereinbefore referred to shall not have been in violation of any consti(12) In the mortgage bonds as described in this Act issued orunder
the
tutional provision, and provided such bond or interest-bearing obligation by any terminal, depot, bridge or tunnel company incorporated
tersuch
of
property
the
provided
the
of
credit
State,
any
laws of the United States, or
shall be the direct obligation of such State and the faith and
one or more railroad
State shall be pledged foe its payment, principal and interest; (4) in the minal, depot, bridge or tunnel company is used bywith
all the provisions
obligations of any county, town, city, borough, school district, fire district corporations described in, and which have complied a legal
investment by
or sewer district, in this State; (5) in the stock or bonds of any incor- of, sub-division 10 and 14. No bond shall be made
and interest by
porated city situated in one of the States of the United States which was this sub-division unless the bond is guaranteed principal
which
endorsement
by
interest
and
incorporated
principal
was
which
guaranteed
and
or
to
by,
January 11896,
endorsement
admitted to Statehood prior
described
as a city, under the same or a different name, at least twenty-five years guaranty has been assumed by, one or more railroad corporations
prior to making such investment, and which has not less than twenty thous- in,and which has complied with all the provisions of. sub-divisions 10 and 14'
and inhabitants, as ascertained by the United States or State Census, or
(13). In the mortgage bonds as described in sub-division 15 issued or asany municipal census taken by authority of the State, next preceding such sumed by any railroad corporation incorporated under the laws of the United
the
including
city,
such
of
the
bonds
of
the
amount
provided
investment,
States, or any State, provided, during each of the 5 fiscal years of such
issue in which such investment is made, and its proportion, based on the railroad corporation next preceding the date of such investment, such railvaluations of property therein for the assessment for taxation next preceding road corporation owned In fee not less than 100 miles of standard-gauge
such investment, of the county and town debt, after deducting the amount. railroad, exclusive of sidings, within the United States, and provided such
of its water debt and the amount of the sinking funds which are available railroad corporation has complied during each of said fiscal years with the
for payment of its bonds other than water bonds does not exceed seven provisions of sub-division 14. No bonds shall be made a legal investment
per centum of the valuation of the taxable property in such city, to be ascer- by this sub-division unless the bonds are guaranteed principal and interest
tained by the valuation of property therein for the assessment of taxes, by endorsement by, or guaranteed principal and interest by endorsement,
next preceding such investment, and provided, the city issuing such bonds, which guaranty has been assumed by, a corporation described in, and which
or the State in which it is located, has not defaulted for more than ninety has complied with all the provisions of, sub-divisions 10 and 14, nor unless
days in the payment of any of its funded indebtedness or interest thereon it complies with the provisions of sub-division 16.
within fifteen years next preceding the purchase of such bonds by the savings
and 13 shall
(14) Any railroad corporation described in sub-divisions 10
bank. The provisions of this sub-division shall not authorize the investwith the provisions of this sub-division during each of the 5 fiscal
ment of funds in any "special assessment" or "improvement" bonds, or comply such
eof such investment,
dat
the
preceding
next
corporation
railroad
of
years
city
the
of
obligations
direct
the
other bonds or obligations which are not
bonds as described in sub-division 15 shall be made
ssuing the same, and for which the faith and credit of the issuing city are before any of its mortgage
Such railroad corporation shall have paid the matured
not pledged. A city of State shall be considered to be in default within a legal investment:
indebtedness and shall have paid In dividends
all
of
interest
and
principal
either
the meaning of this section while any unpaid and overdue obligation,
Its outIn cash to its stockholders an amount equal to at least 4% upon allproperty
principal or interest, shall be outstanding; (6) in the bonds or interest- standing
earnings from the operation of the
gross
the
stock;
capital
the
under
organized
corporation
a
railroad
bearing obligations issued by
of all
earnings
gross
the
therein
including
corporation,
railroad
such
of
laws of any of the New England States, and owning in fee not less than railroads leased and operated or controlled and operated by said corporathree hundred miles of railroad located in said States, and which has tion, and the gross earnings from the sale of coal from mines owned or concentum
per
four
than
paid in dividends in cash an amount equal to not less
Oct. 1 '15.
Oct. 1 '17. Oct. 1 '16.
TOTAL DEBT, &c.— Oct. 1"18.
$12,062,100 $12,535,100 $13,000,100 $13,064,100
Total bonded debt
1,144,097
4,236,960
5,911,784
8,025,076
Civil list funds
.507,552
4,679,596 x4,015,337
Sinking fund
JUNE, 1919.
CONNECTICUT-DEBT OF STATE.
43
trolled by it, shall not have been less in amount than 5 times the
amount the provisions of this section nor shall any default in
necessary to pay the interest payable upon its entire outstandin
the earning or payment
g indebted- of dividends or any failure to make
ness, the rentals of all leased lines, and the interest on
the gross earnings required by this
all outstanding in- section during said period
of Government control, render any bonds illegal
debtedness of railroads controlled and operated which
are not owned by for investment which were
legal at the beginning of said Government
said corporation, after deducting from said interest and rentals
dividends received from the stocks, bonds or notes of railroad interest and operation.
ns
(21). Savings banks may invest not exceeding 2% of
not operated by said corporation, which have been deposited corporatio
their deposits
a trustee and surplus in equipment trust notes,
as the only security for the playment of bonds or notes issuedwith
bonds or certificates issued by, or
by said cor- which are guaranteed by endorseme
poration, but not in excess of the interest on said last-named bonds
nt
both
as
to
principal
and
interest by.
or notes. or which are secured by lease of equipment to, a railroad
corporation which.
(15). Whenever the term "mortgage bonds" is used in sub-divisions
10 to In case of a railroad corporation incorporated under thelaws of any ofthe New
20, inclusive, it shall mean either (a) That the mortgage securing
England
States,
has complied with sub-division 6, or which, in the case of a
bonds
was at the date thereof, or is at the date of such investment, a firstthe
mortgage railroad corporation incorporated under the laws of any other State,or of the
on not less than 75% of the railroad, in the case of a railroad
n, United States, has complied with all the provisions of sub-divisions 10 and
or the fixed 'property, in the case of a terminal, depot, bridge orcorporatio
tunnel com- 14, provided said notes, bonds or certificates are secured by a first lien on,
pany, owned In fee at the date of the mortgage
the corporation which or by a lease and conditional sale of, new standard railroad equipment
free
executed the mortgage and issued the bonds; thatby
75% of the railroad sub- from other encumbrances, for the purchase of which said notes,
bonds or
ject to the lien of said mortgage is connected; that the date
said mortgage certificates were issued at not exceeding 90% of the purchase price thereof,
is at least 5 years prior to the date of such investment, unlessofthe
and
provided
the
instrumen
t
corporatio
under
which such notes. bonds or certificates
n
issuing, assuming or guaranteeing the bond has complied with sub-div
are issued, or the lease
such equipment to the railroad corporation.
for each of the 10 fiscal years of such corporation next preceding ision 14 provides for the proper of
maintenance of the equipment covered
date
thereby
of such investment; but a mortgage given in substitution for and notthe
and
the
ror
payment
of
the
entire
greater
issue of such
bonds or certificates
in amount than such mortgage, and covering the same railroad or property,
in not exceeding 15 annual or 30 semi-annual notes,
installments, without the
shall be considered to be in accordance with this requiremen
release of any part of the lien or interest In any
t;
(a)
That
it
of the equipment securing
the mortgage securing the bonds was at the date thereof, or is at the
date such notes, bonds or certificates until the entire Issue of such series of notes,
of such investment, not a first mortgage on not less than
of the rail- bonds or certificates shall have been paid or redeemed. No equipment
road owned in fee at the date of the mortgage, it is a first75%
trust
notes,
bonds
or
certificate
mortgage
s
shall
on at,
be made a legal investment by this
least 75% of the railroad subject to the lien of said mortgage at
date section in case the series authorizes an amount which, added to the total
thereof; but if any stocks or bonds are deposited with the trusteethe
debt as defined in sub-division 8,in the case of a railroad corporatio
n organmortgage as part security therefor, representing or covering railroadof said ized under the laws of any of
the New England States, or sub-division 16
mile
age not owned in fee, the bonds secured by said mortgage shall not
in the case of a railroad corporation organized under
the laws of any other
legal investments unless said corporation owns in fee at least 757become State or of the United
States,
which
0
of
issued
the
or
guaranteed or is the lessee of
total mileage which is subject to the lien of such mortgage, including
the the equipment securing such equipment trust notes, bonds or certificates,
mileage which is represented or covered by said stocks or bonds;
that 75% including therein the outstanding amounts of all previously issued series a
of the railroad subject to the lien of said mortgage is connected;
such equipment trust notes, bonds or certificates, shall exceed
that
the
3 times the
date of said mortgage is at least 5 years prior to the date of such invest- capital stock of such railroad
corporation outstanding at the time of making
ment, unless the corporation issuing, assuming or guaranteeing
the bond has said investment.
complied with sub-division 14 for each of the 10 fiscal years of
(22). Savings banks may invest not exceeding 2% of
such
corporation next preceding the date ofsuch investment; but a mortgage given in
and surplus in bonds issued by any street railway corporatio their deposits
n incorporated
stitution for and not greater in amount than such mortgage, coveringsubthe In this State the railway of which is located wholly or in part therein, prosame railroad or property, shall be considered to be in accordance
with
this vided such bonds are secured by a mortgage which was at the date of the
requirement. (c) That the mortgage securing the bonds was at the date
mortgage or is at the date of the investment a first mortgage
on not less
thereof, or is at the date of such investment, a first mortgage
a mortgage than 75% of the railway of such corporation owned in fee at the
of the
or trust indenture which is in effect a first mortgage upon allor
the railroads. mortgage, and provided the gross earnings of said corporation date
subject to the lien of said mortgage or trust indenture by virtue of the
year for the 5 years next preceding the date of such investmen each fiscal
t were not
cable pledge with the trustee thereof of an entire issue of issues ofirrevoless than $100.000, and that said corporatio
bonds
n in each of said years earned
which are a first lien, upon the railroad of a railroad corporation which
is and paid in dividends in cash an amount equal to at least 4% per annum
owned and operated, controlled and operated, or leased and operated,
by upon the outstanding capital stock, and provided, at the date of any such
the corporation issuing or assuming said bonds; that 75% of the railroad
dividend, the outstanding capital stock is equal to
at least 54 of the debt
subject to the lien of said mortgage is connected; that the date of said mort- of such corporation.
gage is at least 5 years prior to the date of such investment, unless the
Sections 2:3. 24 and 25. given below, add the bonds of water
corcompanies
poration issuing, assuming or guaranteeing the bonds has complied
and
telephone
companies
to
the
with sublist of securities in which banks may invest.
division 14 for each of the 10 fiscal years of such corporation next preceding
(23). Savings banks may invest not exceeding 2% of
the date of such investment; but a mortgage given in substitution for
their deposits
and
and
surplus
in
mortgage bonds and other interest-bearing obligations of
not greater in amount than such mortgage, and covering the same railroad any
water company incorporated in this
property, shall be considered to be in accordance with this requiremen
supplying water for domestic
t. use to communities in this State having aState
(d) That the mortgage securing the bonds was at the date
population of not less than 50.000
thereof, or Is at whose franchise is an exclusive
one and unlimited in time, provided the
the date of such investment, a refunding mortgage which provides for
the amount of all the outstanding debts of such company does not exceed
retirement of all prior lien mortgage bonds of said corporation outstandin
its
g capital stock, and provided such water company has earned each
at the time of said investment, and covering at least 75%
year and
the railroad paid in cash from its officially reported
net earnings, as shown by its annual
owned in fee by said company at the date of said mortgage. ofNo
report
mortgage
or
other
official
statement
under
regarded
oath, to municipal, State or United
as a refunding mortgage under the
is to be
of this sub- States authorities, dividends
not less than 4% per annum on its entire
division unless the bonds which it secures mature at provisions
a later date than any outstanding capital stock, for of
a period of 4 years next preceding the making
bond which it is given to refund; but,in case bonds are issued to
mature
of
the
at
investmen
an
t.
earlier date than any bond which it is given to refund, the
con(24). Savings banks may invest
tains the provisions that bonds issued to mature at an earliermortgage
exceeding 2% of their deposits
date may be and surplus in bonds of any telephonenot
retired by a like amount of bonds reissued under said mortgage.
company incorporated in this State.
the mortgage securing the bonds 18 a prior lien to a refunding (e) That whose property is located chiefly in this State, which are secured by a first
mortgage mortgage upon at least 75% of the property of such company, including
described above, on some part of the railroad or railroad
property covered its franchises, rights and privileges,
by said refunding mortgage, provided the bonds
and limiting the amount of bonds tamunder such mortgage able thereunder to 75% of the valuation
are to be refunded by said refunding mortgage,issued
of the property mortgaged, excludand
the
property covered ing any valuation of said franchises, rights
by said porior lien mortgage is operated by, and its operations
and
and providing
included in. the gross income of such telephone company shallprivileges,
those of the railroad corporation issuing said refunding
been not less than
mortgage.
$2.000.000 per annum during each of the 5 fiscal have
years
such
of
telephone
(16). No bond shall be made a legal investment by sub-division
10 in case company next preceding the date of such investment.
the mortgage securing the same shall authorize a total
(25). Savings banks may invest not exceeding 2% of their deposits
which, with all outstanding prior debts of the issuing or issue of bonds,
assuming corpora- and surplus in bonds of any telephone company incorporat
tion, including all bonds not issued that may legally be issued
ed In any of the
its prior debts, or of its assumed prior debts, after deducting under any of New England States, or in the State of New York, and secured by a first
therefrom In mortgage upon at least 75% of the property of such telephone company.
case of a refunding mortgage the bonds reserved
under the iorovisions of or by the deposit with a trust company
Incorporated under the laws of one
said mortgage, to retire prior debts at maturity, shall
outstanding capital stock of said corporation at the date exceed 3 times the of the New England States or of the State of New York of bonds or shares of
of such investment; stock, or both, of other telephone corporations under
no bond shall be made a legal investment by sub-divisions
an indenture of trust
11, 12 and 13 in which limits the amount of bonds so secured to 75% of
case the mortgage securing the same shall authorize
the value of the sea total issue of bonds, curities deposited as stated and determine
which, added to the total debt as defined in this
d
in
said
indenture,
and provided
sub-division, of the the gross income of such telephone company shall
guaranteeing corporation, including therein the authorized
have been not less than
amount
325,000,00
per
annum
0
of
during
all
each
of the 5 fiscal years of such telephone
previously guaranteed bond issues, shall exceed 3 times the
company
next preceding the date of such investment. No bond of a teleof said guaranteeing corporation outstandin at the time of capital stock
making said phone company shall be made a legal investment under
investment; in case of a mortgage executed gprior
sub-divisions 24 and
to May 28 1913, under 25 unless during each of the fiscal years
which the total amount of bonds which may be issued
of such telephone company next
is
stated, the amount of bonds outstanding thereunder at not specifically preceding the date of such investment said telephone company shall have
the date of such paid the matured principal and interest of all its indebtedness,
investment shall be considered as the total
and shall
authorized issue.
have paid, during each of said years, in cash dividends an amount
(17). Bonds which have been or shall become
equal
legal investments under to not less than 6% per annum of
all its outstanding issues of capital stock.
any of the provisions of sub-divisions 10 to
20,
incl.,
shall
not
be
and
the
dividends
rendered
paid
on
although
the
Illegal,
capital stock of such telephone company
the corporation issuing, assuming or
guaranteei
ng such shall not have been less than the total amount necessary to pay the interest
bonds shall fail for a period not exceeding 2 successive
fiscal years to comply upon its entire outstanding indebtedne
with the requirements of sub-divisions 10 and 14; but no
ss.
further investment
(26) Savings banks may invest not exceeding 2% of their deposits and surin the bonds issued,assumed or guaranteed by said
corporatio
n shall be made plus in mortgage bonds of any gas or electric light
after the first fiscal year of such failure; but if, after the
company,incorporated unperiod, said corporation complies for the following fiscal expiration of said der the laws of this State,supplying gas or electricity for lighting to any comyear with all the munity in this State whose franchise is an exclusive
requirements of sub-divisions 10 and 14,
one and unlimited in
it
shall
be regarded as having com- time, provided the amount of the outstandin
plied therewith during
gsaid period, and thereupon
g debts of such company does
said bonds shall be legal not exceed its capital stock, and provided such
investments, but in case of any subsequen
gas or electric company has
failure
t
to
comply
with
sub- earned each year and paid in cash from its officially reported net earnings
divisions 10 and 14 the bonds of said corporatio
n shall not be purchased as shown by its annual report
or other sworn official statement to the
until said corporation shall have complied each year
for 5 successive years municipal, State or United States authorities
with said sub-divisions 10 and 14.
, dividends of not less than
5% per annum on its entire outstanding capital stock for a period
(18) Bonds which have been or shall become legal
of four
investments under years next preceding the making of such investmen
any of the provisions of sub-divisions 10 to 20, incl., shall
t. The term "indebtnot
be
rendered
edness,"
as used In this Act, shall be construed to mean and include
illegal because the property upon which they are
all
secured
has been or shall bonds, notes and other obligations or accounts
be conveyed to or legally acquired by another railroad corporatio
payable at a time or times
n, and the more than a year after their date.
corporation which issued or assumed
said
bonds
has
been
or
shall
be con(27) Savings banks may invest in the capital stock of any bank or trust
solidated with another railroad corporatio if
the consolidated or purchas- company located in this
ing corporation shall assume the paymentn,of
State, or in the City of New York in the State of
said bonds,and so long as it New York, or in the
shall continue to pay regularly interest
City of Boston in the State of Massachusetts, but no
or
dividends,
both,
or
upon
the se- savings bank shall hold by way of investmen
curities issued against, In exchange for, or to
t and as security for loans
acquire the stock of,the cor- more than 20% of its deposits in
poration consolidated, or the property purchased,
the stocks of such banks or trust companor upon securities sub- ies, at par value, nor more than 3%
sequently Issued in exchange or substituti
of its deposits, nor more than 3100,000
therefor,
on
to
an
amount
at least of par value in, nor more than Yi of the capital stock of, any such
equal to 4% per annum upon the capital stock outstandin
bank or
g at the times trust company. The provisions
of such consolidation or purchase, of said corporatio
of this sub-division shall not render illegal
n which issued or as- any such investments owned
sumed said bonds.
by any bank or trust company on Aug. 11913.
(28) Savings banks may invest not exceeding 20% of their deposits
(19). If a railroad corporation
has complied with all the require- and surplus in notes
ments of sub-divisions 10 and 14which
secured by pledge of stock or bonds as collateral, proexcept that the period of compliance is vided
the corporatio
less than 5 years, shall be. or shall have
such stock or bonds shall have paid thereon
been,
consolidat
ed
or merged with, dividends or interest natissuing
or its railroad purchased and all the debts of such corporatio
the rate of not less than 4% per annum during the
n assumed by, two years next preceding the
another railroad corporation incorporated under
time when such loan is made; or by the
the
laws
of
the
United pledge of any stocks
States, or any State,the corporation so succeeding
bonds or other obligations which under the
proshall be considered as visions of this sectionor
having complied with all the provisions of said sections
may be purchased
during those suc- ket value of any securities given to secureby savings banks; but the marcessive years next preceding the date of such
any collateral loan shall be at
consolidat
ion,
merger
or pur- least 20% in excess of the amount of the loan
chase, in which said consolidated, merged or purchased
not more than 5% of the
corporations, if aggregate deposit in any savings bank shall beand
considered as one continuous corporatio
loaned on the stock, bonds
n in ownership and possession, or other obligations
of one corporation, or by the pledge of deposit accounts
would, taken together, have so complied, provided
the
in
case
of a railroad and books in savings
corporation which has complied with
in this State to an amount not exceeding the
all the requirements of said sub- balance due from saidbanks
divisions except that the period of
savings banks on such deposit account.
•
compliance is less than 5 years, said
succeeding corporation shall continue
(29) The provisions of this Act shall not render illegal the investment in,
so
comply
to
for a further period nor the investment hereafter in, any
which shall make such compliance equivalent
bonds or Interest-bearing obligations
to at least 5 successive years.
issued or assumed by a railroad corporation, which were a legal
(20). If, by means of consolidation, merger or
purchase,a railroad corpor- ment on May 28 1913, so long as
investation shall own and possess the properties and
bonds or interest-bearing obligation
franchises which, prior continue to comply with the lawssuch
thereto, belonged to similar corporatio
in force prior to said date: but no suchs
ns,
during
and,
the
years
next
pre
bond
interest-beari
or
ng obligation that fails, subsequent to said date,
ceding such consolidation, merger or purchase, one
or more of said cor- to comply with said laws, shall again
porations, have regularly paid in cash
be a legal investment unless such
stockholders dividends in amounts bonds or interest
-bearing obligations comply with the provisions
equaling or exceeding 4% per annum to
upon
the
entire
of this
capital
stock
of
the
section.
successor corporation outstanding at the
time
of
the investment, such suc(30) If any street railway company, the bonds of which were
cessor corporation shall be considered as having paid
a
legal
such
individends
during
vestment
prior
to
May
the same period of years; the time during which any unread
28
fail, in any fiscal year subsequent to
is operated by said date, to pay dividends 1913 shall
the Government of the United States and the earnings
to 4% upon its outstanding capital stock,
and dividends made the bonds of such railway equal
and paid during said time shall not be taken
company
shall cease to be a legal investment
into consideration in deter- until such company has
mining the compliance of the corporation owning
complied with all the provisions of sub-division 22
said railroad and any of of this section.
44
CONNECTICUT-CITIES AND TOWNS.
[VOL. 108.
School Bonds.
School Bonds.
A-0 $50,000o ..Apr 1 1932
4Mg'15 F-A$165,375__Aug 1 '19-'25 3 ms
91,0000_Moh 1 '20-'50
'05 M-N
4s
yearly
00
270,000_$15,0
Ms'16
4
20,000o_Moh 1 '51-'55
4 qg'17 A-0 425.000c-Apr 1 '22-'46
BOND. DEBT Oct 1913.. $406,000
s-a 155,000
Sc
11,835,333
1916
for
list
Grand
School Notes.
4)is'13 ___ $130,000_$14,000 yearly Tax rate (per $1,000) 1912-$13.00
23.502
Population in 1910
Sewer Notes.
INTEREST is payable at the
1919-1923
430'13 ___ $10.000
Import. & Traders' N.Bank, N.Y,0.
Paving Notes.
1919-1920
43-8'15 -880,000
DARIEN.
Paving--Bonds.
This town is in Fairfield County.
45g'17 A-0$450.000c_Apr 1 '20-'22
May 1820.
Incorporated
1923-1925
5s '18 ___ 150,000
Highway, Sidewalk & Bridge.
1920-1924
s-a 100,000
Sc
$70,000.. _..Jan 1 '20-'26
1920-1969
s-a 500,000
5s
School Bonds.
43{s'g16Street Bonds.
1370,000__July 1 '19-'32
$230,000_810,000 yearly 4 is'17
44s'16
4Ms'16 - 300,000-3100,000yearly BOND.DEBT Oct 1 1917.. $155,000
28,800
debt
Floating
4Mg'17 A-0 350,000c_Apr 1 '22-'46
1923-1947 Assess. val.'17(X act.).._ _7,213,477
Sc '18 _-- 900,000
1917___$14.25
$1,000)
(per
rate
Tax
Bonds.
improvement
3,946
3 4s'01 J-J $230,000c_July 1 '19-'41 Population in 1910 Home Bank.
INT. at'Darien
45 '07 F-A 270,0000 _Aug 1 '28-'42
Construction Bonds.
1924-1948 DERBY.
59__ $425,000
This city Is situated in New Haven
TOTAL-DEBT Apr 1 '18 88,350,900
Date
Floating debt (additional)_ 196,000 County. Named May 1675;
712,768 of organization uncertain. By enactSinking fund
1893
in
the
Legislature
of
ment
1
act.)195,255,32
'18(100%
val.
Ass'd
borough of
Tax rate (per $1,000) 1918_ _-$20.90 the town of Derby,
school diValue city property '16 _$12,294,103 Birmingham, and thewere
consoliPop.'10, 102,054: 1918 (est.) 170.000 tricts of the town,
dated under one form of governINT. at City Treasurer's office.
ment, assuming the name of the
"City of Derby." The consolidaBRISTOL.
This city is in IIartford County. tion took effect on Jan. 1 1894, and
the debts of the town, borough and
Incorporated May 1785.
The 1911 Legislature granted a school districts were assumed by city.
Road and Bridge Bonds.
charter to the city (accepted by the
M-N $28,0000- _Nov 1 1934
voters Aug. 14 1911, going into effect 3 Ms
(Subject to call $3,000 yearly.)
Oct.2 1911) superseding the old town
Refunding Bonds.
and borough governments, the liaSTATE OF CONNECTICUT.
48 '08 A-0 155,0000-0ot 1 1928
to bilities of which are assumed by the 45-g'14
J-J 148,000c_July 1 '19-'34
The relation which the towns, cities and boroughts of this State bear
State city.
140,000c_July I '35-'44
one another is peculiar and requires a word of explanation.upThe
Bonds.
City
General
of towns,
is divided into eight counties, and these counties are made
House Corner Bonds.
Mansion
1940
15
e
$150,000__Jun
unit, and on the 4Xs'15 J-D
___June 1 1937
numbering in the aggregate 167. The towns are the civilof
- $10,000_
4sBonds.
Water
is
town)
each
List"
assessed valuation (which is called the "Grand
School Bonds.
....Jan 1 1939
expenditures. 4548'14 J-J $500,000c_
_ _Aug 1 1930
levied the tax for State purposes as well as the tax for town
-A
F
3Xs
Town Bonds Assumed.
both, all of which
call $2,000 yearly.)
Within the town Is often situated a city or a borough, or towns
J-J $100.000o_ _Jan 2 1927 (Subject to$13,000cand cities, 4s
Apr 1 1944
may at the same time have bonds outstanding. Many consolidated
28,000c__
Ms
4
$750,000
30
'18
DT.
Nov
BD.
TOT.
(in1 1915.)
however, whose limits were about identical, have been
129,337 Subject to call begin. April
• Floating debt
cluding Stratford, Bridgeport, New Britain, New London and New Haven),
44,000c___Jan 1 1945
9,070
hand
on
Cash
withtogether
1 1916.)
Jan.
call
begin.
to
and the outstanding bonds of both town and city are reported
4Ms(Subject
1,193,262
val
assess.
Total
out distinction.
92,191 TOTAL DEBT Apr 26 '18.. $266,000
as does the Sinking funds
18,745
The borough stands in about the same relation to the townboth
fund
SInkIng
18,862,977
1918
list
Grand
the city
7,865
city. The grand list as determined for the town is used by
Cash on hand
putting a tax of City tax (per $1,000) 1918 __ _$16.00
and the borough in levying taxes, the city. for Instance, This
Valuation 1916 (abt. act.).-7,885,129
sideas
such
expenses,
Certain
addiIs
tax
town.
___$13.00
1915_
its own on its share of the total grand list of the
(per
$1,000)
tax
City
paid
are
&o.,
police,
sewers,
walks,
charge of
tional to the town tax. In some instances the schools are in the to
$1,000) '15_.....$15.50
levy a I•nr the "First Taxing District," which Total tax (per
10,000
school districts. which also are empowered to issue bonds and
In 1918
to take into )couples the same territory as the old Population
Nat.Bic,Derby.
tax, so that to cover the total tax paid by a city, it is necessary
Birmingham
at
INT.
borough
the
assumes
statements borough and
account the State, town, city and school district levies. In the
follows:
as
are
which
obligations,
they
wherever
city,
and
town
the
heading
which follow we give under one
$20,000 EAST HADDAM.
outstanding
bear the same name, for, though distinct corporations, their debts are to Bonds
130,200
Floating debt
This town is in Middlesex County.
greater or less extent the debts of a single community.
7.164 Incorporated in 1734.
fund against bonds_
Sinking
AGGREGATE MUNICIPAL INDEBTEDNESS.
NET DEBT Nov 30'18 _ _8143,036
Notes.
in
memcounties
six
1919
The Mayor and Council of
- $27,700.
334s
The total indebtedness of all the towns, cities, boroughs and
the bers govern both the city and taxing TOT.DEBT
Apr 19 1919- $27,700
_the State was in 1916 $60.390633. In the following table we show
none
Sinking fund
funded indebtedness, the floating debt and the total indebtedness of all districts.
785,770
Pop'n (town & city) (est.)_ _25,000 Assessed val. real estate
the civil divisions of the State at quadrennial periods:
Floating debt. * Total debt.
INT. on 4s of 1914 payable at Assessed val. personal
215,000
Funded debt.
Boston; on Other assessable property.. _626,985
$60,390,633 00 Old Colony Trust
$9,122,333 00
$51,268,300 00
1916
of City Treas.: Total grand list 1918
Co..
43,540,230 69 434s of 1915 at office
-1 ,627,755
6,481,868 99
37,058,361 70
1912
91
Bank.
38,463.704
National
44
Bristol
7,865,551
at
4s
on
47
(Assessment about X actual value.)
30,598.153
1908
32,520,460 61
5,269,101 56
Tax rate (per $1,000) 1918_323.00
26,906,859 05
1904
27,624,827 42 CANTON.
5,005,323 09
Pop. 1910, 2,422; 1918 (est.), 2,500.
22,142,993 58
1900
24,581,066 55
4,384.980 56
This town is in Hartford County.
19,749,667 08
1896
20,627,058 48 Incorporated May 1806.
4,473,571 36
16.023,832 46
1892
HAMPTON.
19,392,804 89 TOTAL DEBT Sept. 1 '18.. $53,044 EAST
3,759,642 86
15,589,818 67
1888
town (formerly Chatham) is
3,109 In This
17,636,289 91 Sinking fund
2,980,386 15
14,655,903 75
Co. Inc. as town of
1884
Middlesex
29
2,169,194
-17,355.999
1,967,623 60
Grand list 1918
15.388,375 69
1880
1767. Name changed on
Chatham
,•
Total tax rate(per $1,000)'18-$18.00 Oct. 4 1915, Pop'n 1910, 2,390,
1877
was
104)
in
2,732
($344,500
debt
county
the
1910
in
periods
Population
* In 1904 and at former
School-Building Bonds,
not divided into funded and floating debt, and therefore is included only
43is'14 J-J $35,000c_ _Jan 1 1944
In total debt column.
CHATHAM.-See E. Hampton.
Ref. Ry. Bonds (Tax-Exempt).
BLOOMFIELD.
45 '09 J-D i$18,000r June 1 '20-'28
ANSONIA.
in
is
County.
Hartford
town
This
CHESHIRE.
3.000r_ _June 1 1929
Ansonia is in New Haven County.
This town is in New Haven Co. 4s '10 J-D 5,000r_ _ _June 1 1940
Inc. April 1889. Legislature in 1893 Incorporated May 1835.
(Subject to call ;10,000 in 1920 and
authorized consolidation of borough, BOND. DEBT Apr 16 1919_$25,000 Incorporated May 1780.
95,511 TOTAL DEBT Oct 1 '18_ $43,500
$10,000 In 1930.)
town and fire district to form present Floating debt
3,145,751 BOND. DEBT Apr 1919_ _ $94,800
3,419 Grand list
Sinking fund
city.
2,500
12
valuation
in
1918
1918_2,636,4
Assessed
May 1918..-- 22,000
Population
debt
Floating
Bridge Bonds.
1918--- _$20.00
Sinking fund & other assets
43ig '13 A-0$75,000c..Apr 1 '20-'44 Tax rate (per $1,000)
1,821 CLINTON.
79,326
Population in 1910
1016
19
Oct
Sewer Bonds.
This town is in Middlesex Co. Grand list 1918 (actual)_ _2,471,996
4s g '10 J-J $75.0000_ _ _July 1 1935 BRIDGEPORT.
Incorporated May 1838.
Tax rate (per $1,000) 1918-820.00
This city is in Fairfield County. TOT.'DEBT Apr 14 1919_ $31,987 Population In 1910
2,390
Refunding Bonds.
1,557,183
_Jan. 1 1937 Incorporated as a city in 1836. In Grand list, 1918
4s '11 M-N $75.000
INT. Cent.Nat. Bk.,Middletown,
4Ms'15 M-N130.000c:May 1 '20-'45 1889-90 the town and oity of Bridge- Total tax rate(per $1,000)'18-$12.00
1,274
port were consolidated, the city as- Population in 1910
Building Bonds.
EAST HARTFORD.
town's debt.
3 As g J-J $75.000o......July 1 1923 suming the
This town Is in Hartford County.
COLCHESTER.
Public Clinic Bonds.
School Bonds.
0 yearly
This town is in New London Co. Lao. Oct. 1783. Bonds all taxable.
___
$65,000_$5,00
4Ms'16
4s'05 J-J $31.500o_July 1 '19-'30 4Xg'17 A-0 125,000c_Apr 1 '22-'46 Town was named in October 1699.
Bridge Bonds.
$469,000
14
DEBT
'18
Oct
BOND.
BOND. DEBT Oct 1 1918..832,000 3.6s '89 A-0 $39,6000......0ot 1 1919
Bonds.
138,637 4 MPark
Sinking fund
(Subject to call Oct 1. 1899.)
s'16___ $253,000_$11,000 yearly Cash in bank and on hand.... 11,856
Assessed valuation, real_ _11,444,557 4X g'17 A-0 200,000c_Apr 1 '22-'46 Assess. val., real estate
Funding Bonds.
770,032
3,207,442 5s
Assessed val'n, personal
143,506 48 '94 A-0 $60,0000&r Apr 2 1924
s-a 230,000
Assess. val., personal
Tot. val.'18 (90% act.)_ _14,651.999
(Subject to call April 2 1904.)
16,750
Other assess. property
Police and Fire Dept. Bonds.
Tax rate (per $1,0030) 1918--$20.50 4 gs'16 ___ $115.000_45,000 yearly Tot. assd. val.'18(90% act.)930,288
School Bonds.
Pop. 1910, 15,152; 1918 (est.), 19,500 4Xg'17 A-0 100,000c_Apr 1 '22-'41 Tax rate (per $1,000) 1918_-$20.00 4Ms'17 M-N$200,000_Nov 1 '27-'46
2,140 4s g 09 A-0 $88,0000___Apr 1 1939
Alms-House Bonds.
Population in 1910
INT. at Ansonia Nat. Bank and
(Subject to call after April 1 1929.)
430'15 J-J $135,000-$10.000 yearly
City Treasurer's office.
BOND. DEBT Apr 14 '19_8387,600
Isolation Hospital Bonds.
DANBURY,CITY.
45,000
Floating debt
'22-'41
1
Apr
A-0$200.000__
X_g'17
4
In Danbury Town, Fairfield Co Sinking
33,657
fund'
BERLIN.
City and Funding Bonds.
Oct. 1687 and Grand list
named
1685;
Settled
8,211,800
1918
This town is in Hartford County. 4s '89 J-J $400.0000_ _July 1 1919 incorporated in 1889. Pop'n 1910,
value)
actual
80%
about
(Assessment
1
_Jan
1924
1785.
500.000o.
J-J
May
48 '94
Incorporated
20,304.
Tax rate (per $1,000) '18-'19-319.00
Bridge and City Hall Repair.
School and Road Bonds.
Improvement Bonds,
11,000
1919
(est.).
8,138;
1910,
Pop.
F-A $74,000c
3 Ms'05M-N $50,200o_May 1 '20-'45 45
4s
J-J $145,000o&r Jan 1 1920
at American industrial Bank
Fire Department Bonds.
(Due $2.000 yearly on Aug. 1.)
J-J 100:000o_ _July 1 1923 & INT.
4s
Trust Co.. Hartford.
BOND.DEBT Apr 16 '19--$74.000 3 %s'06 A-0 $34,000o_Apr 1 '20-'36
Bonds.
15.000 4 Xs'13 J-J 12.000___Jan 2'20-'31 4s Funding
Floating debt
M-N $150,000r May 1'27-'37
Assess. val. '18(80% act.)-2,534,366 4X g'17 A-0 45.000c..Apr 1 '20-'22 334s
A-0 215.000r Oat 1 1941 EAST HARTFORD FIRE DIST.
_ _$16.00
Tax rate (per $1.000)
Bridge Bonds.
Water Bonds.
1
A. ;
1'19-'31
4,000
$65,000o__July
(est.),
340
'01
1918J-J
1919
Pop'n 1910, 3,728;
an 1 1920 is Water Loans.15,000 _ _ _Oot 1 1931
J-J
4s
1 '19-'65 48 '06 J-J $35,0000___J
Jan 1 1946 4s
179,0000
INT. payable at New Britain 43ig'15 J-J 376.000__July 00
J-D 135,000_- _June 1 1933
__yearly
19.),000-$10,0
45.0'16
Jan 1 1929
J-J 35.0000
4s '09
,Trust Co., New Britain.
'12J-D 50,0000_June 1 1932
430'16 __ 115,000_115,000 yearly BOND.DEBT Apr 5 1919 $610,000 4 Ms
(Subject to call June 1 1932)
4Yts'll M-N 88,000- _$2,000 yearly Water debt (additional)
225,000 BOND. DEBT Apr 16 '19 $300,000
43, s'16 __ 230.000-$10,000 yearly Sinking funds
BETHEL.
119,789 Sinking fund
96,215
Refunding Bonds.
This town Is in Fairfield County.
75,000 Value of water plant,
Floating debt
414.097
3;is '00 J-J $12,000o_July 1 '19-'20 Total valuation 1918___14.000.000 Assessed
Incorporated May 1855.
valuation 1918- 4,411,746
yearly
0
J-J
105.00003,00
'03
iis
3
$30.000
School bonds
Value of city property_ -$1,500,000 Tax rate (per 11,000) 1918 --$6.00
s-a 200,000
1920-1969 Tax
35.000 5s
Refunding bonds
rate (per $1,000) 1918_ -__$12.78
High School Bonds.
BOND.DEBT Apr 29'19-$65,000
INT. on impt. and funding bonds EAST HAVEN.
1
'20-'63
5.000 43s'13 J-J $352.000__Jan
Floating debt
and
water bonds due 1920 at Nat.
This town is In New Haven Co.
___ 68,000_34,000 yearly Park Bank. N. Y.; other water bonds Incorporated
22.000 43s'14i
Sinking fund
May 1785.
Grandlist iReal estate__ _ _1.800.751 4 s'14 _- 30,000-.35,000 yearly at Imp.& Traders' Nat. Bank, N. Y. GEN. BD. DT. Max 26 '19 $35,000
ewer Bonds.
267,412
Petsonal
50,000
debt
Floating
•
4 s'14 -- $260,000-$10,000 yearly
Total gran list 1918 (90%
1,840
Sinking fund
460,000-$20,000 yearly DANB17RY, TOWN
2,068,163 4(s'16
actual)
4,506,554
list
Grand
Bonds.
Funding
Tax rate (per $1.000) 1918-322.00 43, g'17 A-0 350,000c_Apr 1 '22-'46
1.795
A-0 $225,0000_Apr 1 1932 Population in 1910
3,7925' 18 J=1:0 650,000Dec 2 '23-'47 33is
Population in 1910
(31) In the sub-divisions of this section which relate to railroad bonds the
word "debt" shall be construed to mean obligations issued or assumed
which
evidenced by a series of bonds or other interest-bearing instruments
term
mature at a time or times exceeding 3 years after their date, and the owns
which
"railroad corporation" shall be construed to mean a corporationclass
usually
or is in possession of and operating a railroad or railway of the
operated by steam power. Street railway corporations are not railroad
corporations within the meaning of this section.
(32) Savings banks may invest not exceeding 2% of their deposits and
surplus in notes secured by a trust indenture of any stocks or bonds or other
by
obligations which under provisions of this section may be purchased
be at least
savings banks; the market value of any securities given shall under
such.
bonds
the
20% in excess of the amount of the loan, provided
this State.
trust indenture shall be legal investment for the savings banks of
and
(33) Savings banks may invest not exceeding 10% of thier depositsGreat
surplus in the obligations of the Government of the Kingdom of
and the
Britain and Ireland, and the Government of the French Republicprovided
Government of the Dominion of Canada or any of its provinces,
and shall be
such obligations have a fixed and definite date of maturity that
the full
the direct obligations of such Government or province and
for its
pledged
be
shall
faith and 'credit of such Government or province
payment, principal and interest.
semi-annual
usual
his
issued
1919
1
May
on
The Bank Commissioner
compilation enumerating the municiaplities and obligations falling within
the definition of legal investments. This was published in the "Chronicle"
of June 21, page 2551.
TRUST FUNDS-HOW LOANED OR INVESTED.-We find in See.
54 of Chapter 22 of the Revised Statutes of 1902 the following liberal
provisions providing that trust funds may be loaned or invested in the same
securities savings banks are authorized to invest in:
the instruSEC. 254.----Trust funds, unless it is otherwise provided in
mortgages on
ment creating the trust, may be loaned on the security of
loaned,
amount
the
value
in
double
State
this
in
estate
real
unencumbered
of this
oe may be invested in such mortgages or in the bonds or loans
any bonds,
State, or of any town, city or borough of this State, or in are,
may
or
State
this
in
banks
savings
the
stocks or other securities which
be, authorized by law to invest in, or may be deposited in savings banks incorporated by this State.
es
CITIES, COUNT/ES AND TOWNS IN THE
JUNE, 1919.1
CONNECTICUT-CITIES AND TOWNS.
EAST LYME.
This town is in New London Co.
4,Incorporated May 1839.
J-J $26,000c
1925
430
M-N 43.000c
1961
(Due $1,000 yearly.)
430
M-N$10,500c
1940
(Due $1,000 yearly.)
BOND DEBT Apr 17 1919 $80,000
Grand list 1919
$2,605,560
Tax rate (per $1,000) 1919-314.00
Population in 1910
1.916
45
GREENWICH. BOROUGH.
HARTFORD"NORTHEAST SCR. LYME.
Incorp. 1854. Pop'n '10, 3,886.
DISTRICT."
48
This town is in New London Co.
M-N$147.000_ -..May 1 1922
Building Bonds (Tax-Exempt).
Funding Bonds.
Named May 1667, became a town
43(8'15 J-105200,000c-Dec. 1 '19-'38 48 '09 J-D 178,0000___June 1 1939 In 1665.
3545
J-D
66.0000
__June
BOND.DEBT Mar 1 1919 $347,000
1 1931
Civil War Bonds.
M-8 100.000c___Mar
58
1Real estate_6,539,051 4348'14
__- $29,000--Apr 1 '20-'38
4)4s'19 J-D 250,000c_ _June 11 1944
Grand list '18 Personal.- 514,559
1959 BOND. DEBT Apr 14 '19..$29
.000
BOND.
DEBT
June
1919_3244,000 Floating debt
(75% act.) Other assess.
11,950
Sinking fund
14.398 Assess val. real estate
property 144,732
483.530
INT.on Phoenix Nat. Bk., Hartf. Assess val. personal
Total tax rate per $1,000)'18-39.
117,722
00
Total grand list '18(X act.)_601,252
INTEREST at Greenwich Trust Co.
Tax rate (per 51,000) 1919._ -$20.00
HARTFORD "NORTHWEST
and U. S. Mortgage & Trust
Co.,
Pop. 1910, 746; 1919 (est.), 755.
SCHOOL DISTRICT."
New York
EAST WINDSOR.
Bonds are subject to taxation.
This town is in Hartford County.
48 '08 M-S $200,000- _Sept 1 1938
GRISWOLD.
Incorporated May 1768.
ESTER.
This town is in New London Co. 430'15 M-8 150.0000-Sept 1 1945 MANCH
GEN.BOND. DT. Apr 16'19..None
This town is in Hartford Co. Inc.
BOND.DEBT May 10'19$350,000
Incorporated October 1815.
Assessment debt Apr 16 '19 $90,000
May 1823. Population 1910, 13.641:
Floating debt
23,500 1917 (about). 17,000.
Assess. val., real estate...._3.081,645 TOT. DEBT Apr 1919.... $60,000 Sinking
fund
20,000
Total assess. val. 1918_ --3,488,730 Floating debt
82,000 Assd. val.
ng Bonds.
1919(34 act.)--10,281,825 4s Refundi
Tax rate (per $1,000) 1919-318.00 Sinking fund
'08
M-N $60,000
'20-'81
Grand list 1918(75% act.).2,514,301
TNT.
at
Population in 1910
Security Co. of Hartford. BOND.DEBT Apr 300_Mayl
22,811
3,362 Tax rate (per $1,00101)
1919 $60,000
1917-315.00
Floating debt
90,000
Population in 1910
4,215 HARTFORD
Tot. ass'd val.'18 (actual)23,729,4
ENFIELD.
94
"SECOND NORTH Tax rate (per
This town (P. 0. Thompsonville) GROTON.
31,000) 1918.. -$11.00
SCHOOL DISTRICT."
Is in Hartford Co. Town named
INT.
at Manchester T
This town is in New London Co. 49 '94 J-J 5137.0000-Jan 1 1924
Co.
and granted by State of Massachu- Inc. May 1704. Pop'n 1910,
(Subject to call after Jan 1 1904.)
6.495.
setts in 1683, annexed to State of 5s '19 J-D$210,
40.0000_ _July 1934 MANSFIELD.
000c_ _$7,000 y'ly 3 Ms '04 .I-J
Connecticut May 1 1749.
434s'14 J-J 144.000_ -__Jan 11 1944
Registered Bonds.
This town is in Tolland County,
Town Bonds.
(Bonds are exempt from taxes.)
4348
M-N$35,000_Subject to call
Incorporated May 1702.
48 '95 M-N$25,000c___Nov 1 1920 BOND. DEBT Apr
BOND.
DEBT May 31 '19_13281,000
Town
has no general bonded debt.
1919....
$35,000
330'01 F-A 30.000c _Feb 18 1926 Floating debt
174,5/4 Floating debt
41,500 Floating debt Sept 24 1918_ $55,334
4As'14 F-A 50,000c_ _ _Feb 2 1934 Total grand list 1918
I real estate
6.383,421 Total assess. val. 1919_ __11.467,640
837,385
43.98'16 J-J 27.500c......July 1 1936 Tax rate (per $1,000) 1918.-3
Grand list)personal
INT.at Security Co.. Hartford.
16.00
243,225
BOND.DEBT Apr 15 1919 $132,500 Population in 1910
Tot. grand.list'18(50%act.)1.080,610
6,495
Floating debt
92000 INTEREST payable
Total tax rate(per $1,000)'18_120.00
by
Treasure
HARTF
r.
Grand list of 1918
ORD
"SOUTH SCHOOL Pop'n, 1910. 1,977;
8,771,544
1919 (est.) 2.200.
DISTRICT."
(Ass't about 70% act. value.)
3345
M-N $200,000c....May 1 1931
Tax rate (per $1,000) 1918-- _513.00 GROTON WATER DISTRICT.
354s
M-N
Pop'n 1910,9,719; 1919 (est.). 10,000 48 g '04 A-0 5150,0000
200.000o&r-Nov 1 1942 fdERIDEN, CITY.
1924
-S200,0000_ _Sept 1 1955
INT. at Thompsonville Trust Co. 4s g '05 J-D
Inc. 1867. Pop'n 1910, 26,265.
75,0000
1925 3 545 g'05M
DEBT Apr 28'19_$600,000
430'l1 J-J
The town and city of Meriden are
35.000c
1941 BOND.
Floating
debt
430
11 M-N 30.000
25,000 situated In New Haven County.
1941 Sinking
ESSEX.
funds
Water Bonds.
41,741
This town (P. 0. Ivoryton) is in TOTAL DEBT May 16 ,19 $290,000 Population
in 1919 (est.)
55,000 4)(it'15J-J1 $60.000c_July 1 '19-'20
55,000
Middlesex County. Incorporated Floating debt
Ass'd val.'18(( act.).-.2.500.000
1 200,000c_July 1 '21-'25
INT.at Fidelity Tr,Co., Hartford.
May 1854.
Street and Pavement Bonds.
BOND. DEBT Apr 1919- $27,000 Tax rate (per 51,000) 1914_.....$5.00
4 Ms:g'17J-J $200,000c_July 1 '19-'28
Population in 1917 (est.)
2,600 HARTFORD "SOUTHWEST
Grand list 1918
2,736,860
BOND. DEBT Apr 1918- $500.000
INT. payable at National Bank
Tax rate (per $1,000) 1918-312.00
SCHOOL DISTRICT."
Water debt (included).- 290,000
Population in 1910
2.745 of Commerce. New London, Conn. 4As'14 M-N$75.000c_ _May 1 194-4 Floating debt
100,000
4s
119-S 10,0000
Cash onfGeneral debt__ _
1925
1,832
BOND.DEBT June 1 1918 $85,000
FAIRFIELD.
HARTFORD.
hand _ 1Water debt....
22.540
Mortgage note
This city is in Hartford County.
This town is In Fairfield County.
2,500 Assessed valuation. rea.._18,163.951
Town was settled in 1639 and named
The town and city of Hartford Floating debt
9,100 Assessed val'n, personal
4,749,82
were consolidated on April 1 1896, Dist. grand list
in 1645.
1.857,000 Total val.'17(2-3 actual)_22,913.7765
45 '90 J-J $7,5000_July 1 '19-'21 and their debts are no longer reported
INT. at Conn. Trust & Sara Dep. Tax rate (per 51.000) 1917-316.00
4s '09 M-S 75,000c-_Sept 1 1929 separately. City incorp. May 1784. Co.. Hartford.
INT. at Imp. & Trad. Nat. Bank,
4s '16 J4 *100,000c__ _July 1 1936
Municipal Building
N.Y.
434g'13 M-N31,570,000_Bonds.
Funding School Bonds.
_Nov 1 1933 HARTFORD "WASH
INGTON
Land-Purchase Notes.
5s '18 --- $200,000--- _Jan 1 1923
SCHOOL DISTRICT."
TOTAL DEBT Apr 1918- $390,000 4s '14 M-S $400,000 _ _1919-1934
MERIDEN, TOWN.
98
J-J $20,0000
Grand list 1917(80% act.).8,843,650
Park Improvement Bonds.
1928
Inc. May 1806. During the year
3395
J-J 25,0000
Sinking fund
J-J $300.0000_ _Jan 1 1926
1929
$10,205 334g
48 '08 J-J 100,0000.. _..July 1 1932 1896 the town voted to consolidate
Tax rate (per $1,000) 1917-316.00
Perm. lmpt. Notes.
the schools and assume the debt of
48
___
35,000
Pop. 1910, 6,134; 1917 (est.)_10,000 43.98'18 J-D $800,000___Dec 1 1920
1919
the school [districts. Population
$10,000c.. __Jan 1 1921 all
t
Paving Bonds.
*INT.on this issue at Town Treas.
32.066.
434s'18 J-J
125,000c_Jan 1 '26-'46 1910.
office or in N. Y. City; others at 334g .14 $200,000r_ _Jan 1 1938
High
School Bonds.
($25,000 every .5 yrs.) 939g'14 M-N$225
33j'00J-J
20,000r__Jan 1 1930.
Southport Trust Co.
,000c_May 1 '36-44
100,000c_ __Jan 1 1947
high School & Bridge Bonds.
Funding
Bonds.
BOND.
DEB
June
1
1919
3 %g'98 J-J $200,000r _Jan 1 1935
5415,000 3 348 '01 M-N$50.
0000_May 1 '20-'24
FAIRFIELD COUNTY.
434s g F-A 650,000-_ _Feb 1 1939 Sinking fund
10,990
48'08
M-N
50,0000..May 1 '20-'24
Assess. val.'17(X act.)....-5,885,3
Bridgeport and Danbury are the
Police Department.
06
220,0000
.May 1 '25-'35
county seats. Pop'n 1910. 245,322. 3 Mg'98 J-J $75,000r Jan 1 1923
INT. at Hartford Nat. Bank.
BOND. DEBT May 1 '19 $595,000
Refunding Bonds.
Assess. val.'19 (act.)_ _ -26,067,27 5
Court-House Bonds (Taxable).
3
Mg'97
J-J
$800,000r_Jan 1 1922 HARTFORD "WEST MIDDLE
4398'15 J-J 5248,000-July 1 1945
Tax rate (per 51,000) 1919-316.00
3 Mg'97 M-N 270,000r_..May 1 1922
SCHOOL DISTRICT."
INT. at Mechanic
Refunding Bonds (Taxable).
Improve
Bonds.
3 3is'01 F-A120,_000o.July 31 1926 Bank, New York. s & Metals Nat.
4s c'09 A-0 $130,0000- _Oot 1 1939 3 Mg'97 J-J ment
$250,000r_ _Jan 1 1922 45 11 F-A 160,000c__July 31
(Subject to call Oct 1 1929)
1936
Conn. R. Bge. Bds.(Coup.or Rep) 4s '12
F
-A
125.000c
---Aug 1 1937
BOND.DEBT Apr 1919_ $378,000 354'04J-J 1,000,00
_July 1 1954 BOND. DEBT Apr 23'19 $405,000
MIDDLETOWN,CITY.
Assessed valuation 1916 A55,419,117 3 Ag'05 J-D 1.000,000_
0_June 1 1955 Sinking fund
Middletown City Is situated in the
County tax '18._ 3-20 of a mill on $1
40,023 town
of Middletown. Middlesex Co.
Floating
debt
J'ne
15 '19. Apr. 1 '18.
10,000
INT.on 430 of 1915 at First Nat.
Ass'd val'n 1918(34 act.)_25,000,000 Inc. May 1784. Pop'n 1910, 11.854.
Water Bonds.
Bank, Boston, or First Bridgeport 45 '14 J-D$2,000,000____
Funding
Tax
rate
(district)
Bonds.
(per
11,000)3
1930-193
1.00
9 Population
Nat. Bank; other interest at Conn. 4s g '17 J-D 1,200.000_June 1
in 1918 (est)
50.000 48 '16 J-D 1348.000_ _June 1 '20-'35
Nat. Bank, Bridgeport.
4s g '17 J-D 200,000c_ _ _June'40-'45
1
4.000_ ,_June 1 1936
1 1946
INT.
at
Phoenix
National Bank,
Tot.bond.debt10,958,481 10,748,481 Hartford.
City ImprovementBon
ds.
Sinking fund_ 1,424,381 1,517,886
334s'01 J-J $70.000car-July 1 1921
FARMINGTON.
Wat.dt.(incl.) 3,400,000 3,675,000 HARWINTON.
Water Bonds.
This town is in Hartford County. Wat.
Skg. Fd.
This town is in Litchfield County 4s '97 J-J $200.000r-,--Ju1y 1 1922
Named Dec. 1645.
(not included
Sewer Refunding Bonds,
Incorporated October 1737.
BOND. DEBT Oct 19 1916 None
330'01 J-D $53.000c--Dec 1 1921
above
sk.fd.)
220,260
679,603
TOTAL
Floating debt
DEBT Oct 11916.. $38,958 6%0'05
$128,000
M-N 35,000o___May 1 1925
CITY PROPERTY. The city Grand list
Grand list 1916
787,156 .1unicioal Building Bonds,
4,314 132 owned
property to the value of Population in 1910
Tax rate (per $1,000)
1,440
$16.00
3
34s'05
M-N
136,0000- May 1 1925
Population in 1910
897 $15,638,037 on April 1 1919.
BOND. DEBT April 1919 $449,000
ASSESSED VALUATION AND HUNTINGTON (See Shelton.)
Water debt (Included)
200.000
TAX RATE.
Sinking funds
GLASTONBURY.
163,226
xTotal
Water sinking fund (loot) _ _ 158,116
Tax Rate JEWETT CITY.
This town is in Hartford County.
Valuation. per $1.000
This borough is in New London Co. Grand list 1918
Inc. May 1690. Pop'n 1910, 4.796.
2.816
$242,935,954.00 $24.00 TOTAL DEBT May
Tax rate (per *1.000) '17------$8.00
4s
J-J 135.000_ __Jan 1 1928 1918
5 '19.. $45,000 Pop'n
1917
241,238,358.00
1910, 11,854;'18 (eat.). 15.000
22.00 Floating debt(addl)
BOND.DEBT Aug 30'14- $50,000
30,275
1916
x236,344,401.00 20.50 Sinking fund
Note debt
INT. at Central Nat, Bank, Mid2,413
43,388 1915
193,528,927.00
sinking fund
21.50 Total assess. val. 1918......_1,884 029 dletown.
11.956
180,824,480.00
Grand list 1916
22.25
Tax
rate
(per
$1,000)
$.00
5 1910
4
138.060.842.00
16.50 Population in 1910
Tax rate (per $1,000) 1915-3,751,33
3.023 MIDDL
--$15.00 1905
96,967,410.00
ETOWN, TOWN.
18.00
INTEREST at Hartford Trust
69,761,120.00
Incorporated Sept. 1651. Bonds
Co. 1900
17.50 HILLINGLY.
1895
53,211,681.00
are tax-exempt. Pop'n '10, 20,749.
17.00
This
town
Is
In
Windham
County.
1890
47,225.324.00
Railroad Refunding Bonds,
17.00 Incorporated May 1708.
GREENWICH, TOWN.
zInoluding valuation of corporat
J-J $100,000o&r.Janl 1924
The town and borough
430'16 J-J $71.000-$2,000 yearly 3348'04
same stook held by residents, which ion
45 '09 J-D 340,000o_ _June 1 1929
name are located in Fairfield of
for
Town
Bonds
of
1900.
4s '10 F-A 244,0000_ _Aug 1 1930
1916 aggregated $100,467,135: in 3345 c J-D $125.000
Inc. In 1662. Pop'n 1910.County.
16,463. 1917 it was $97,927,771 and in 1918 BOND.DEBT April o__ Deo 1 1920 BOND.DEBT Apr 1919-3684,000
Sewer Bonds.
1 1919 $196,000 Floating debt
$90,884,077..
130.000
4Ks'15
Total taxable value 1918_ _4,842,473 Sinking
$23,500_May 1 '20-'24 totaled
fund
Tax rate for 1917 includes 4.5 Tax
42,000
School Bonds.
rate (per $1,000) 1919_ _ _$20.50 Grand List
mills
levied
1918
for
school
purposes
.
16,228,185
Population 1910. 6,564; 1918, 8,000 Tax
43111'14 J-J 1$160.000c July 1 '19-'34 Pop'n
rate (per *1,000) 1918---$15.00
1900, 79,850; 1910........98.915
1
4,000c__July 1 1919
INT.at Nat.Shawmut Bank,Bos- /NT. on
430'14 M-N 10,000c_ __July 1
INT.payable at City Treas. office. ton
or at Windham Co. Nat. Bank, payable at4% bonds of 1909 & 1910
1935
1 6,000c_ __July 1 1936
Old Colony Trust Co.,
SCHOOL DISTRICT TAXES.
- In Danielson.
Boston; on others in Middletown.
Under
an Act of the Legislature apHighway improvement Bonds.
proved April 3 1913, a tax is levied
434g'15 M-N525,000---May
LISBON. '
1 9920 on
the city's "grand list" and the
439g'16 M-N100,000__MaY 1 '21-'23
This town is in New London Co. 91IDDLETOWN SCHOOL DIST.
proceeds appropriated for the pur434s '17M-N115,000c_ _ -May
School Refunding Bonds.
Incorporated May 1786.
1
poses of school maintenance In the BOND. DEBT Apr 26 1919328,000 4349'15 J-J $42,500-July 1 '19-'35
135,000c_ _ -May 1 1923
1924 various school districts, the
High School Bonds.
same Floating debt
Refunding School Bonds.
11,600
being apportioned according to the Grand list 1918
427,406 4345'13 M-S $74,500r -___1919-1933
434sg 14 M-N$25,000cMaY 1
'20-'24 number of pupils in each district. Total tax rate (per $1,000)'19320.00 BOND. DEBT Apr 1918- $125,000
Refunding Bonds.
For the first year of
Grand list 1917
n of this Population in 1910
11,204,609
824 Tax
4398'12 J-J $123,000c-July 1 '19-'44 Act the tax levy wasoperatio
rate (per $1,000) 1917
fixed at 5 mills.
52.00
4s '09 F-A 423,000c ----1919
Heretofo
re
each
the
of
districts
-1954
INT,payable in Middletown.
given LITCHFIELD, TOWN.
4s '95 A-0 125,000c
below
reported separate valuations
1920
This
town
Is
oounty
the
43g'15 A-0 107,000--Apr 1 '20-'40 and tax rates.
seat of
Litohfield County.Inoorporated 1720. MILFORD.
High School Notes.
This town is in New Haven County,
, Railroad Bonds (Tax-exempt).
98'07 J-J 1100.0000.July 1 1935 HARTFORD "ARSENAL SOH. 48
J-D
$76.0000-..On demand Incorp. 1664. Pop'n. 1910, 4.366.
TOT. DEBT Sept 1 '18-32,231,738
DISTRICT.'
BOND.
Apr 16 '19- $76,000 48 '11 ....- $50,000---July 1 1931
Assess. val.'18 (grand list)48,358,574 48'08 M-N$80.0000-..May 1 1938 FloatingDEBT
debt (additional).. 12,500 430'15 J-J x16.000c_Jan 1 '19-'20
J-J 60,0000......Jan 1 1942 Grand list
Tax rate (Per $1,000) 1919__$13.50 48
Municipal Bldg. Bonds.
'181Real estate
33
Building Bonds.
(abt. act.)..1Personal---4.338,9
INT.on bonds of 1912. 19148c
- 888,175 430'16 J-J $104,200j$5,000 _yearly
'15
at U. S. Mtge. & Tr. Co..
ion Jan 1
Total
valuation
1918
5,227,108
N.
Refunding Bonds.
Town tax (per $1,000) 1919-314.00
bonds of 1909 also in N. Y.; othersY.;
at Sinking fund
48 '07 A-01533,000c---Oct 1 1927
13,591 Population In 1910
office of Town Treasurer,
3.005
INT. at Riverside Tr. Co.. Hartf.
50.000c---Oct 1 1932
INT. at Litchfield Say. Society,
4i'10 J-J 28.000
July 1 193
tlYg.'Nisl2P2iVy°fgir 72M;t70
46
CONNECTICUT-CITIES AND TOWNS.
,VOL. 108.
INT. on bonds due 1935 and reSchool Bonds.
the city, town and school district of
funding bonds of the
J-J 521,000o-July 1 1919 funding and
New Haven were consolidated Dec.7 45
town of Norwalk at Am. Exch.
old
63.0000___July 1 1920
J-J
1897 under one government,and the 4s
Bank, N. Y.; other bonds of
Nat.
1
1924
_June
40,000o__
J-D
4s
city assumes the assets and liabilities 48
at Empire Trust Co.,
3,1-N 60,0000-May 1 1925 annexed town 4s
1909 and paving
of the two other governments.
J-D 100,000c_Deo 1 1931 N. Y.; water 1 of
3348
1931 at U.S Mtge.
July
due
bonds
1
1927
_Deo
BONDS.
175.000o
CITY
J-D
HAVEN
4s'g'08
NEW
water .334s at
Y.;
N.
Co.,
Trust
&
Sewer Bonds.
City-Hall Bonds.
Nat. Bank in Norwalk;
J-.1 $20.000r-July 1 1919 Fairfield Co.Norwalk.
4348'15 J-J $245,000_ _July 1 '41-'45 33.s
in
int.
other
1937
1
_Deo
35,0000__
J-D
5s g
Voting-Machine Bonds.
College Bonds.
MONTVILLE.
4s '09 A-0 $3,000..-- _Oct 1 1919
J-J $50,000c___July 1 1941
4 hs
This town is in New London Co.
Bonds.
Bridge
NORWICH, CITY.
Annexation Bonds.
Incorporated October 1786.
Norwich is In New London County.
3.48'00 A-0$185,000r-Oct 1 1920 3345
F-A $11.500o-Aug 1 1919
BOND.DEBT Apr 28 1919 $30,000 3
1922
10,000r_ Oct 1
A-0
Inc. 1784 Population 1910,20,367.
314s'02
19,729
Bonds.
Sidewalk
Floating debt
1925
1
__Oct
95,000o_
A-0
1922
Water Bonds.
3)48'05
..--1919M-8 $20.000r
Assessed vain,real estate_ _2,323,851 48 '08 J-J
35,000o_ __July 1 1928 434s
J-J $150.0000_Jan 1 1923
334s
363,686
Refunding Bonds.
Assessed val'n, personal_
-_Jan 1 '34-'36 3 34g'05
75.000
J-J
'06 A-0 65,000___Apr 2 1931
'11
1
1935
4s
4s
&rOot
7,900
$100,000o
A-0
property
Other assessable
M-S 395,000____Mar 2 1939
0
4
J48
Funding & High School Bonds. BOND. DEBT Apr 14'19 $1,596.50
Tot. ass'd val.'18 (actual) 2,695,437
Funding Bonds,
45,686
Tax rate (per $1,000) 1919___$16.00 3As'00 A-0 $144,000r_Oct 1 '19-24 Sinking fund
$166.0000_June I 1925
J-D
As
3
651.000
_
)
_
2,804
(included
Water debt
Population in 1910
Funding Bonds.
Refunding Bonds.
39,382,631
Grand list 1919
3348'05 A-0 $253,000r_Oct 1 '25-'35 (Assessme
___Apr 2 1931
$143.000_
A-0
'06
4s
value.)
actual
Yj
about
nt
NAUGATUCK..
__Oct 1 1938
Improvement Bonds.
Tax rate (per 51,000) 1919-320.20 00'13 A-0 125,000_
This borough is in New Haven Co.
M-S 84,000__ _Mar 2 1939
'07 J-D$172,000c_June 1 '27-'32 Population in 1910
19,659 431s
Town Inc. 1844; borough 1893; con- 4s
Bonds.
'29-'33
1
Plant
July
Electric
and
100,000r..
Gas
Bk.
J-J
Nat.
45
'08
City
1895.
London
New
at
borough
x INT.
solidation of town and
4s '06 A-0 $287,000_ __Apr 2 1931
'10 J-J 100.000_ _Jan 1 '31-'35
Pop'n '10, 12,722;'17 (est.)_-15,400 48 '09
__Jan 1 '30-'34
BONDS May 15'1831,415,000
GEN.
100,000_
J-J
4s
Bonds.
g
Refundin
610.000
Water debt (Included)
City Dock Improvement Bonds. NEW MILFORD.
4s'12 F-A $140,000o_Feb 1 '19-'32 4)4s'18
140,100
Assessment debt (add'1)__
J-J $20,000____July 1 1926
This town is in Litchfield Co.
BOND.DEBT May 12'17 $150,000
18,229
October 1712.
general....
fund,
Bonds.
ted
Sinking
Incorpora
Approach
Depot
54,000
debt
bearing
Int.
debt. Sinking & cash (gas & elec)
39,333
bonded
1
'37-'38
general
__Apr
no
000
has
Town
A-0$475,
430'18
8.289
Floating debt
NOTE DEBT Aug 26 '16. $123,000 Assess. val. real estate_ __12.095,264
Park Bonds.
6,463
Cash on hand
8,958 Assess. val. personal
2,477,656
8.530.923 4348'14 A-041100.000___Oct 1 1944 Total assets
Assess. val. real
2.512,285 Tot, assess. val
(hact.)14,572,920
1,698,910 4s'18 A-0 *$200,000____Apr 2 1941 Grand list 1916
Assess. val. personal
$15.75
Tax rate (per $1,000) 1916-.420.00 Tax rate (per $1,000)'18
Paving Bonds.
555,756
Other assess. property...._
5.010
$50,000r____Oct 1920 Population in 1910
INT. at Norwich Say. Society.
Tot. val. 1916 (actual)__ _10,785,589 3%9'00 A-0
Co.
100.000
Trust
_-40
First Nat. Bk., Columbia
Tax rate (per 51.000) 1915_518.00 330'02 A-0 12,500r
Oct 1922 NORFOLK.
and Thames Nat. Bank.
INT. at Naugatuck Nat. Bank.
This town is in Litchfield County.
43 '11 A-0 100,000„..Oct 1 '32-36
4s '13 M-N200.000__May 1 '33-'36 Incorporated in Oct. 1758.
NEW BRITAIN.
48 '14 J-J 50,000____Jan 1 1931
Railroad Bonds.
The city of New Britain (incorp. 00'14 J-J *150.000__..Jan 1 '32-'34 4s
1920 NORWICH,TOWN,
A-0 $30,000r
Inc. 1659. Pop'n 1910, 28,219
May 1850) is situated in Hartford
Road Bonds.
4)48'13 F-A*100.000-_Feb 15 1935
and
town
the
1906
Refunding Court-House Bonds,
Apr.
In
1929
County.
J-J $25,000c
434s'16 M-S 50.000____Mar 1 1935 4s
'05 J-J $117,000o_ _Jan 1 1925
city were consolidated.
.048'16 M-S 100,000__Mar 11938 BOND. DEBT Apr 15 '19.. $55.000 3 As
of Preston Bonds.
Town
BONDS.
45,000
1937
1
,.
g
BRITAIN
000___Au
debt
Floating
CITY OF NEW
4348'17 F-A*200,
1920
J-J 540,0000
3.40s
10,703
43s'18 M-N 75,000_ _ _ _May 1 1936 Sinking fund
Water Bonds.
Town Deposit Fund (is,
1927
1
3.551,612
_July
(act.)
1918
list
$250.0000
Bonds.
F-A
Grand
Hospital
4s
$13,301
demand
On
1
-$12.00
1933
1
'30-'32
0ct
__July
1919..75,000o
Tax rate (per $1,000)
F-A
4s '12 A-0 $75,000_
4s
58.503
_
1,541 Outstanding
300.000o _Jan 1 1938
Population in 1910
Fire Headquarters Bonds.
4s '08 J-J
Apr 19191 228,804
notes..TOTAL DEBT
4s '09 F-A 250.0000 Aug 1 1939 cis '11 A-0 $65.000__Oct 1 '28-'31
at Norfolk.
payable
INT.
7.742
cash
and
fund
Sinking
City Sewerage.
430'11 F-A 100,0000__Aug 1 1941
19,208,535
Grand list 1919
4s '89 A-0$250,000r-_Apr 1 '20-'29
School Bonds.
actual value.)
h
IP.
nt
about
TOWNSH
(Assessme
HAVEN
NORTH
1
1938
_Jan
1925
_
I
....Oct
$15,0000_
J-J
3 As'05A-0 100,000r
4348
This township is in New Haven Co. Town tax (per $1,000) 1918_- 18.00
4s '09 F-A 153,000o__..Feb 1 1939 48 '08 J-J 150,0000_ _July 1 1928
Town Bonds.
INT. Is payable at the Treasurer's
50.000__July 1 '36-'37
4s '10 F-A 35,000o_Aug 1 '19-'20 4s '12 J-J
M-N$75,000-__Nov 1 1943 offloo except the "Town of Preston
1921
1
434s'13
1938
1
_Aug
F-A 20.000..
4348'14 J-J •50,000__ _Jan
4s
which Is payable at the
Bonds,"
14.000_ ___July 1 1938 4)48'15 F-A*100,000_Feb 15 '40-'44 BOND. DEBT May 5 '17.. 375.000
J-J
4;is
16,228
fund
National Bank of Norwich.
F-A 10,000____Aug 1 1919 4s '17 A-0 110,000_ _ _ _Apr 2 1942 Sinking val.
430
1,930.691 Thames
real
43101'14 F-A J60,000c_Aug 1 '20-'25 4As'18 J-D 200,000__Dec 1 '46-'47 Assess.
316.965
1 6.000c___Aug 1 1926 TOWN OF NEW HAVEN DEBT. Assess. val. personal act.)2,247.656 ORANGE.
Tot.val. '16 (abt.90%
4gs'15 F-A 170,000c-Aug 1 '27-43
This town Is in New Haven County,
Air Line RR. Bonds.
Tot. tax rate (per $1.000) 16_314.00 Inc.
25.000___ _Aug 1 1929 3 As
4 gs'16
May 1822. Pop'n '10, 11,272;
2,254
'89 J-J .$275,0000July 1 '19-'29 Population in 1910
'19-'34
1
000c_Aug
F-Af160,
'16
4s
'18 (est.), 15,500.
Bonds.
Park
1935
..Aug
1
1 5,000c....
_ _July 1 1939
Refunding Bonds.
5100,0000
'89J-J
As
3
Municipal Building Bonds.
4 h_s'16 J-J $100,000c___Jan 1 1936
(Subject to call after July 1 1910.) NORWALK, CITY.
4s '08 14 $215,0000-July 1 1948 4s'89 J-J
Funding Bonds
Incorporated June 30 1913 by a
100,000o __July 1 1939
Subway Bonds.
of the former city of 48 g '05 J-J 5200.0000_ _Jan 1 1925
ion
consolidat
A-0 58,0000_0a '19-'22 • Exempt from taxation.
3 Ag
Norwalk (incorporated June 30 1893)
Sinking Fund Bonds.
'23-'29
__Oct
14,0000_
.
A-0
(incorpor 434s'19 M-S $90,000__ _ _Mar 1 1939
4s
DISTRICT the city of So. Norwalk
4s '11 A-0 24.000o_ Oot 30 1941 NEW HAVEN SCHOOL
the former Fire Dis- BOND. DEBT Apr 14 '19 $390,000
__ 1919-1920 Aug. 18 1870).
171,500
48 '12 A-0 48,000__Oct 1 '19-'41 4s '89 F-A 530,000c_
trict of East Norwalk. and the outly- Assessment debt (add'1)__
1.)
Aug.
on
yearly
1942
1
(520.000
_Oct
10,000___
AM
130,000
which altogether com- Floating debt
4s
00c_May 1 '21-'24 ing districts,old
Norwalk,
of
town
10,191
4s '15 A-0 J10,000___Oct 1 '19-'28 4s '92 M-N$70,0
(general)
fund
the
prised
Sinking
122.000__Oct 1 '29-'39 4s '94 F-A 75,000c_Feb 1 '25-'28 which was Incorporated in Sept. 1651 Assessed val'n, real estate_14,616,224
48 '95 M-N125.000c_Nov 1 '29-'34
Refunding Bonds.
1,062,788
personal
val'n,
Bonds.
Assessed
Paving
F-A $60.000c_Aug 1 '19-'30
623,813
INTEREST on all issues is paid at 434s'12
43s
$100,000_ ___July 1 1931 Other assessable property_
Street Bonds.
the City Treasury.
Tot. ass'd val.'18(80%act)16,332,825
Refunding Sewer Bonds.
F-A $50,0000__ Aug 1 1925
1 '27-'28 Total tax rate (per $1,000)'18_816.00
4s
July
$150,000_
J-J
'07
4s
TOTAL DEBT.SINKING FUND&o
Park Bonds.
15,500
Population in 1918 (est.)
Water Bonds.
Dec. 31'18. Dec.31'17. 4s '95
43014 F-A $40.000c..Aug 1 '19-'38
J-J 550.000- _July 1 1935
INT. at Nat. Tradesmen's Bank.
Bd. dt.(cIty).$4,684,500 $3,976,500 3
_July 1 1929
.
Sewer Bonds.
200,000..
J-J
34s'99
Haven.
New
500,000
300,000
F-A$100,000o_ _ _Aug 1 1925 Town
4s
(Subject to call July 1 1919.)
320,000
(Subject to call after Aug 1 1910.) School district 475,000
3 34s'03 J-D 100,000- _June 1 1928 OXFORD.
J-J 150,0000___July 1 1924
1
1923.)
June
call
3)48
to
(Subject
This town is in New Haven Co.
Tot. bd. dt.$5,459,500 $1,796,500 48 '09 J-J
J-J 100,0000 ___July 1 1932
3 As
70.000____July 1 1934 Incorpora
ted October 1798.
47,571
111,635
4s '04 J-J 200.0000__ _Jan 1 1932 Sinking funds_
Bonds.
Sewer
DEBT May 1 1919_534,834
TOTAL
4s '06 J-J 300,000o___Jan 1 1936
J-J 535,000- _July 1 1927 Grand list 1918
802,000
Net debt-__$5,347,865 $ 1,748.929 4s '07
75,000o_ _ _Jan 1 1936
Debt.
4s '11 J-J
Refunding Funded
1,020
n In 1910
4s '15 F-A 90,000c___Feb 1 1940
J-J 550.000_ _July 1 1929 Populatio
ASSESSED VALUATION.-The 3 %s
rate
tax
and
1919.)
Jan.
valuation
calf
to
assessed
city's
(Subject
TOWN OF NEW BRITAIN BONDS have been approximately as follows,
VILLE.
1935
PLAIN
J-J 350,000
4s g
This town is in Hartford County.
Park Bonds.
real estate being taken at "about 51%
Third Taxing Diet. Funding &
J-J $58,5000_July 1 '19-'24 actual value" until 1900, when basis
Incorporated May 1869.
48
improvement Bonds.
$70.000c
Bonds.
School
$4,000...._ _July 1 1920 _s
of valuation was raised to full value
J-J $50,000c_July 1 '19-'28
4s
Rate of 7'ax
Grand
' ,000„July 1 '21-'32 BOND. DEBT April 14 '19 $70.000
10,500
F-A 50.000c___Aug 1 1929 Years.
per $1,000. 434s'17 J-J 1000__July 1 '33-35 Sinking fund
3As
List.
5
M-N 31 ,000_ _May 1 '20-35 1918
33ss
$19.75
8183,910,924
15.000_ _July 1 '36-'38 Assessed val'n, realostate_ _2,401,62
F-A 28.000o_Aug 1 '19-'32 1917
20.00
3)48
171,098,044
6.000____July 1 1939 Assessed val'n, personal__ _ 561,822
17,981
property_
assessed
Other
CITY
20.00
DATED
16.5.880,769
DEBT OF CONSOLI
1916
TOWN OF NORWALK (Annexed.) Tot. val'n 1918(90% act.)_2,981,428
20.00
155,681,221
TOTAL DEBT Apr 1919_ 3,400,000 1915
Total tax rate (per $1,000)'19417.50
348,731 1914
19.00
148,552,269
Refunding Bonds.
Sinking fund
3,300
975,000
17.50
139,779,146
Water debt (Included) ___
4s '09 A-0 $220,0000_Apr 1 1939 Pop'n 1910, 2,882; 1919 est.),
1912
17.50
131,658.990
Assessed valuation 1918_52,000,000 1911
Bridge Bonds.
1942
1
_$21.00
.June
17.50
1019.
56
51.000)
$250.000.
126,804,4
Tax rate (per
PLYMOUTH.
4)4812
1910
43.916 1905
14.00
110,001,166
This town Is in Litchfield County.
Population in 1910
Funding Bonds.
21.00
53,800,000
4s '88 J-.1 8100,000___Jan 1 1921 Incorporated 1795.
!NT. at New Britain Nat. Bank. 1895
19.50
52,171,131
Funding Bonds.
School Bonds.
1890
__Aug 1 1936
POPULATION.-In 1917 (est.), 434s'14 J-J $100.000_ ___July 1 1944 4 hs'll F-A $75.000o_
.
NEW CANAAN
Bridge Bonds.
BOND. DEBT Sept 1 1918 $75,000
This town is In Fairfield County. 175,000; in 1910 (Census), 133,60.5:
15
-Jan
1954 Floating debt
49,716
J-J $100,000_
1790.
00'14
85,981;
1890,
108,027;
1900,
1801.
May
ted
Incorpora
15,987
Sinking funds
4,448.
Floating Debt. &c.. Bonds.
CITY OF SOUTH NORWALK , Ass'd val'n '18 (75% act.).3,813,977
1929
M-S $100,000c
3
1919___$16.50
(Annexed).
$1,000)
(per
tax
Town
ecc.
il,
Town-Fla
School.
NEWINGTON.
l'op'n 1910, 5,021; 1919 (est.).-6,000
Funding Bonds.
1939
. F-A$150.000c
This town Is in Hartford County.
48
4s '05 J-J f$50,000o_July 1 '25&'30
/NT.at Old Colony Tr.Co., Boston.
BOND. DEBT Nlay 1919.. $250,000 Incorporated in 1871.
1
1935
_July
20,000c__
1
7.726
___6,22
Grand list 1916___
Funding Bonds.
109,000c____July 1 1939
Tax rate (per $1,000) 1915_ _ _$11.00 4 As'15 J-J $78.000c__Jan 1 '20-'58 4s '09 J-JBends
ND.
PORTLA
(Tax-Free).
Paving
12,000 BOND.DEBT Apr 14 '19_ $78,000
Sinking fund
This town is in Middlesex County.
8,448 Floating debt
17,485 434s'12 F-A$100,000____Aug 1 1922 Inc. May 1841.
Population in 1910
2.971
Public-Improvement Bonds.
Refunding Bonds (lax-exempt).
INT.at U.8 Mtg.& Tr. Co., N.Y. 'Sinking funds
Grand list 1918 (act.)___ _ _1,974,871 4)48 '123.1-N $75.000____May 1 1042 3 As . J-J $66,000____July 11919
Tax rate (per $1,000) 1917___$17.00 4j3 Electric-Light Bonds.
is '05 11-N 78,000o__ _Nov 1 1925
RD.
42,000r_ _July 1 1929
Pop'n 1910, 1,689; 1918 (est.), 2,100
NEW HARTFO
AM 520.000o __Apr 1 1928 As '09 J-J
18,000_ _July 1 '20-22
INT. at Phoenix Nat. Bk., Hartf.
This town is in Litchfield County.
434819 s-a
Library Bonds.
Apr 14 '19- 3180,000
DEBT
Incorporated in 1738.
BONI).
1
1928
___Apr
35.0000_
A-0
4s
37,000
Bonds.
debt
g
Floating
Refundin
Refunding Bonds.
1921 NEW LONDON
1,905,984
val., real
J-J $36.000c
Assessed
3
r
$90.000o&
11-S
'05
in
Is
(located
The town and city
_
127.883
_
_
personal.
val.,
BOND. DEBT Sept 1 1917 $36,000
Assessed
&
'35
1
'30
'25,
Sept
37,000 county of same name) are under one
Other assessable property_ 856,655
Floating debt
Water Bonds.
12,719 government and the following state2
Sinking fund
J-J $150,000r_July 1 '25-'35 Total val. '18 (90% act.)- -2,890,52
1,978,306 ment includes both. Inc. town 1646; 45
'real estate
tax (per $1,000) 1918.-$25.00
Total
years)
5
(Part every
255.413 city, 1784. Pop'n 1910, 19,659.
Grand listlpersonal
Pop'n 1910, 3,425; 1918 (est.)-- 3,700
Bonds.
g
Water
Refundin
Bonds.
Bldg.
Municipal
26,315
Other assessable property
/NT. payable at Town Treasury
1 1943 48 '09 J-J 552.000c_ _July 1 1939
Tot. grand list '17 (act.)_ 2,260,034 4s '13 A-0$100,000c___Apr
10Id town of Norw..$970,000
1945
Tax rate (per 51,000) 1917-$13.00 4)48'15 J-J x75,000c___Jan 1
385,000
city
Norw..
Former
BOND.
Park Bonds.
PRESTON.
Pop'n, 1910, 2,144; 1917 (est.), 2,500
DEBT Former city of 80.
$25,000r_ __May 1 1923
4s
This town is in New London Co.
317,500
Norwalk
INTEREST payable at First Nat. 4As'15 J-J x50,000c_July 1 1942 Mar.'15
Incorporated in 1687.
of
city
old
of
bonds
Water
Bank. Hartford.
Water Bonds.
DEBT Apr 1919_ $45,000
130ND.
420.000
Norwalk (add'i)
J-J $116,0000_ _July 1 1919
43
8.000
50.000 Floating debt
60,0000_ _July 1 1924 Floating debt
J-J
48
val. 1917.._622,666
assessed
Total
248,827
NEW HAVEN.
funds
1 1920 Sinking
_Jan
225,0000_
J-J
33.s
0.00
New
of
1917___$2
seat
$1,000)
(per
county
rate
Tax
the
7
is
city
24,785,26
This
200,0000&rJuly 1 1926 Grand list 1915
24,211 Pop'n 1910, 1,917; 1919 (est.), 1,200
Haven County. Incorporated 1784. 3 Asg J-J
50,0000_ _July 1 1926 Population in 1910
By an Act of the General Assembly, 3 4sg'08J-J
MILFORD
(Concluded)z School Bonds.
43,5(07 J-J $150,000c_July 1 '21-'35
BOND.DEBT Sept 1 1918 $431,200
Grand list Sept 1 1916_ _ _ 11,188,670
Tax rate (per $1,000) 1916_ _ - $15.00
x Int. at Milford Trust Co.; others
at Town Treasurer's office.
JUNE, 1019.]
CONNECTICUT-CITIES AND TOWNS.
47
PUTNAM, CITY.
Tax rate (per
1918-34.25
Refunding & knot. Bonds.
This
and town of the same Population 1918$1.000)
Assess. val. '18 (abt. act.)$8,990.731
(est.)
5,000 4s '14
$157.000
name are In Windham County. InBorough tax (per $1.000) 1917_45.00
INT. payable
15.000-__Aug 1 1951 INT. at First Nat.
corp. Jan. 11896. Pop'n '10, 6,637. Bank & Trust Co. at Southington 4s '17 s-a
Bk., Wallingford.
14.000__Aug
x 4952
Water-Works Bonds.
Notes.
45is
F-A$250.000
19204939 SOUTHIN
4s
GTON,TOWN.
___ S16,000_ _ _ _June 1 1920 WALLINGFORD CENTRAL SCR.
Sewer Bonds.
DISTRICT.
This town Is in Hartford County. TOTAL DEBT Sept 1 '16_ 8331.200
4X g'14 M-S$100.000c
1920-1939 Incorporat
J-J $20,000
Assess. val. 1916
ed 1779.
1943
8.563,122 434s
Street Improvement Bonds.
Tax rate (per $1,000)
to call after 1933.)
Floating Debt Bonds.
3345
817.20 Is(Subject
J-.1 $400000-- _July 1 1929
M-N $40,0000
4s
Population
J-J
1910
$14,000
1927
BOND. DEBT April 1919- $390,000
1927
5.712 334s
M-N 8.000c-__Nov 1 1919
School Bonds.
Floating debt
$18,000 4Yjs'13
434s
J-J
J-.I
$18.000
$50,000___
1921-1931
_July
1
1943
Sinking jGeneral
THOMAST
ON.
23.000
(33.000 yearly In odd years.)
Water-Plant Purchase Bonds.
fund (Water
This town is in Litchfield County.
10,000 450'11
School Bonds (opt. Mch 1 1926).
J-J $222.000o_July 1 1941 Ine. May 1875. Bonds
Total valuation 1919
4,500,000 BOND.
are tax-free. 48 '06 J4 $55,000o__
DEBT
_Mch 1 1936
Apr
1919_
$300.000
(Assessment about 60% actual value)
Refund. Bonds (Subject to can). BOND. DEBT
Water bonds (Included)___ 222.000 4s '04
June 1 '17_ $144,000
City tax (per 41.000) 1919.-38.75 FloatingGe
J-D $50.000o__ _Deo 1 1924 Grand list (actual)
neral
1916_8.33
3,415
BOND.
20,000
Special sewer tax
DEBT
Apr
14 '19- 850.000 School tax (per *1.000)
$2.00
debt Water
_83.50
10.500 Floating debt
Pop'n 1910, 6,637; 1918 (est.), 8,500 Sinking
8,073 Population in 1917 (est.)1917_ 10,000
fund (general)
17,739 Ass'd val. '18 (907 act.)__3.031.610 INT.
INT.at First Nat. Bk.In Putnam.
at First Nat. Bk., Wallingford.
Assess. val.(90% act.) '18_6,487,167 Total tax (per *1.000)
1918_817.00
Tax rate (per $1.000) 1918-$17.00 Popula. 1910,
3,533; '19 (est.), 4,000 WASHINGTON.
PUTNAM, TOWN.
Pop'n 1910, 6,516; 1918 (est.). 7.500
office
1NT.
at
of
Town
Treas.
Bonds (Due on Apr. 1)•
This town is in Litchfield County.
INT.at Southington Bk.& Tr. Co.
Incorporated January 1779.
43.s'16 A-0 $12.000c -19224923
TORRINGTON, TOWN.
TOTAL DEBT Apr 15 1919 $32,000
4Xs'16 A-0 35.000c _-_-1924-1928 SPRAGUE
.
This town (and
4 Xs'16 A-0 48.000c
_1929-1934
borough of the Grand list 1918_-2,737,881
This town is in New London Co. same name) Is In the
4 Xs'16 A-0 63.000c ___-1935-1941 Incorporat
Litchfield County. Tax rate (per $1,000) 1918.-813.50
ed May 1861.
Inc. Oct. 1740. Pop'n 1910.16,840. Population in 1910
43.8'16 A-0 40.000c-9424945
1,747
TOTAL
DEBT April 1919. $113,036 1919 (est.), 24,000.
--1946
43O'16 A-0 13,000c
2.721.518
School Bonds.
BOND.DEBT Apr 14 1919 $211,000 Grand list 191'1
WATERBURY.
Tax
rate
(per
$1,000)
1919-313.00 434s'17 F-A$210,000c_Aug 1 '19-'42
Floating debt
This city Is In New Haven County.
32,000 Population in
1910
Sinking fund
2,551
Funding and School Bonds.
Incorporated In 1853. The
1,000
4348'14 J-J S250.000____July 1 1939 town and school governments city,
Grand list 1919
5,061,762
were
BOND. DEBT Apr 16 '19 $490,000 consolidated in Jan. 1900.
Tax rate (per $1,000) 1918_$18.00 STAFFORD.
This town is in Tolland County. Floating debt
Pop'n 1910, 7,260; 1918 (est.), 8,200
City Hall. Police ec Fire Station.
273,253
Settled in 1719.
Sinking funds
6,000 450'13 .7-J $50,000__July 1 '19-'23
BOND.DEBT Aug 31 1918 $38,000 Assess. val. real estate_
15,573,889 4X 8'13 J-J 400.000_ _July 1 '24-'63
RIDGEFIELD, TOWN.
23,000 Assess. val. personal
312,060 4X8'15 J-J 370,000__July 1 '19-'55
This town Is In Fairfield County. Floating debt
Total
assess. val. 1919
4)s'19 J-J 200,000c&rJuly 1 '20-39
_ _ _ 3,900,000
Inc. 1709. Population 1910, 3.118. Grand list 1917._
Tax rate (per $1,000) 1917---$14.00
(90% actual)___ _ _19,885,949
Brooklyn Bridge Bonds.
School Bonds.
Population in 1910
5,233 Town tax (per $1,000) 1918._.813.00 430'14 J-J $100.000____Jan 1 1944
53
$40.000
1933
Pop. 1910, 16,840;'19 (est.), 24,000
Sewer Bonds.
Funding Bonds (opt. Aug 1 '17).
334s'04 J-J *10,0000._ _Jan 1 1934
3 3.4sg F-A $60,0000_ _ _Aug 1 1929 STAMFORD, CITY.
334s'05 J4 100,000_ __ _Jan 1 1935
BOND.DEBT Aug 31 '18_ $100,000
This city Is In Fairfield County. TORRINGTON, BOROUGH.
4s '06 J-J 100,0000_ _ _July 1 1936
Sinking fund assets
Incorporated 1887.
38.132 Inc. 1893. Population 1910, 25.136.
45'09 J-J 190,000_ ___July 1 1939
Grand List 1917(X act.)-5,043,296 43.6g'17
$48,000c_Dec 1 '19-'42 4 %s '07M-N $75,0000.. __Nov 1 1927 45 '15 J-J
28,000___ _Jan 1 1945
Total tax (per *1,000) 1917.....$11.00
4s '09 M-N 150,0000...May 1 1929
Garbage,
Disp.6c Dock.
J-J 190.000__July 1 '19-'37
INT. payable at First National 4%s' 4 A-0 Sewage
Sewer,
$8,000c_ _Apr 1 1939
• Comfort Station & Garage.
Bank. Ridgefield in N. Y. funds.
M-N $30,000c
4As'14 J-D 4,000c___Dee 1 1939 4s
1924 44s'19 J-J $100.000c&rJuly 1 '20-39
BOND. DEBT Apr 29 '19 3255,000
Public Library Bonds.
School Bonds.
4s g '09 J-D 533.0000__ _Deo 1 1939 Floating debt
RIDGEFIELD, BOROUGH.
34,682 4s '97 J-J *200,000_July 1 '27-'46
Sinking fund
Inc. 1901. Population '10, 1,114.
Sewer Bonds.
9,029 330'01J-J
130.000_Jan 1 '20-'32
Assessed
val. real estate._14,513,319 4 Xs'll J-J
Sewer Bonds (opt. Jan. 1 1922.) 350 g M-S $25,0000..._Mch 1 1921
20,000o_Jan 1 '20-'21
3 Ms
M-N 60,000o _May 1 1924 Assessed val. personal
J4 $50,0000_ _ _Jan 1 1932 4s g
4,013,418 0.0'11 J-J
an 1 '22-'51
BOND. DEBT May 3 1919 $50,000 4s '10 J-J
35,0000_ _July 1 1935 Total val. '18 (90% act.)_18,526,737 454s'13 J-J 300.000__J
175,000„J
uly 1 '19-'53
Sinking fund
22.570 4s '12 M-S 25,000c
1932 Borough tax (per $1,000) 1918-$9.15 43(8'15 J-J 185.000__JulY 1 '20-'55
Pop. 1910, 15,483; 1918 (est.) 25,000 4).(s'16 J-J
Public Park Bonds.
Grand list
2,116,860
195.000__Jan 1 '20-'38
INT. at Borough Treas. office.
Tax rate (per $1,000) 1918.--$5.50 Is '08 A-0 155,000c-Apr 1 1938
434s16 J-J 600.000__July 1 '20-'42
/NT. payable at the First Nat. 4s '09 F-A 50,000e___Mch 1 1939
J-J 175,000__Ju1y 1 '43-'49
45
'09
g
J-D
45,0000_
_
_Deo
TRUMBUL
1 1939
L.
Bank, Ridgefield, In New York funds.
434• s'19 J-J 06.000...July 1 '21-32
4 g_'12 M-N150,000c-_May 1 1942
This town is in Fairfield County.
1 4,000__ __July 1 1933
Funding Bonds.
Incorporated October 1797.
43{s'19 J-J 400,000c&rJuly 1 '21-40
ROCKVILLE.
350 g M-S *60.0000___Mch 1 1921 TOTAL DEBT
Park
June
Bonds.
1918_
This city Is In Tolland County.
$30,640
Public Improvem
Bonds.
Total assess. val.
._ _2,215,462 4s '08 J-J $200.000_July 1 '19-'58
Inc. 1886. Population 1910. 7.977; 4s '09 J-D *35,000_ent
...June 1 1934 Total tax (per $1,000)
Storm Water Drainage Bonds.
19171917-.312.50
1916. ost., 8.850.
45
A-0
1939 Popula. 1910, 1,642; '18 (est.). 2,000 3358'01 J-J $28,000_Jan 1 '20-'26
Filtration (Int. at Treas. Office). 450'11 J-D 30.0000
20,000c
1936
Street Bonds.
4s
J-J $70,0000._ _July 1935 4s g '07 F-A 50,0000_ _ _Aug
1 1932
41,0'08 J-J $150.000___Jan 1 1938
Sewer (Int. at Treas. Office).
4345 '10 J-J 30.000c___July 1 1935 VERNON.
4s
J-J $50,0000_ _ _Jan 1 1926 5.9 '13 J-J
This town is In Tolland County. 434s'19 J-J I490,000c&rJuly 1 '20-33
22.000___July 1 1928
1 10,000c&r_July 1 1934
(Subject to call Jan 1 1900.)
Inc. Oct. 1808.
5s '13 M-N 30,000....Nov 1 1938
Water Funding Bonds.
4s
J-J $90.000o_ _ _July 1 1927 00'14 A-0 34,000c-__
Refund. RR. Aid Bds. (tax-free).
Apr 1 1929
J-J $400,000„July 1 '19-'58
BOND.DEBT Apr 29 1919 $210,000
4s '10 J-J x$60,000c_ _ _July 1 1925 434s'18
J-D
48.000c___
Dec
1
1939
Water Bonds.
Sinking Fund
50,000 434s'15
Memorial Hall 1889.
27.000-Dec 1 '19-'45
33.0'01 J-J
Assess. val. 1917 est
__Jan '20-'26
6,500,000
350
Refunding Bonds.
M-N $125,000c_Nov 1 1919 33.0'04 J-J $35.000_
25.000o_Jan 1 '20-'24
Tax rate (per $1,000) 1919.-.*10.00 350
M-N $50.000e_ __Nov 1 1921 (Subject to call Nov. 1 1899.)
4s '10 J-J 300.0000_Jan 1 '20-'49
Pop. '10, 7,977; '19 (est.), 8,500 BOND.DEBT Apr 7
High
School 1892.
1916 $894,000
4 Mall
an 1 '20-'71
Sinking fund
J-J $50.000c_ _ _July 1 1922 430'13 J-J 520.000c_J
18.5,592 4s
50.000__July 1 '19-'23
SAYBROOK.
Cash on hand
3.827 BOND.DEBT Sept 15'18. 3235.000 4 Xs'13 J-J 150,000__July 1 '24-'38
This town is in Middlesex County. Grand list 1915(X act.).-3,5.999,79
Floating
debt
66.300 4)413'13 J-J 100.000__July 1 '39-'48
7
Settled 1635, united with Connecti- Tax rate (per'First district_ _810.625 Sinking fund
53.684 434s'17 J-J 450,000__July 1 '49-'93
cut Docbmber 1644.
$1,000)19151Second district_ 9.40 Assessed val. real estate___5,772,936 4s'19
J-J 200,000_ _July 1 '28-39
BOND. DEBT Apr 14 1919 $39,000
Assessed val. personal
77,499
Paving Bonds.
Floating debt
Total assessed val. 1918
18,000 STAMFOR
4s '07 J4 $200.0000_ _Jan 1 1927
D,TOWN.
(75% actual)
Sinking fund
6,300
7,437,419
Improvement Bonds.
This town is in Fairfield County. Town tax rate (per
Assessed vain,real estate 1.105,160
$1,000)'18811.50 44s11
860,000c..Jan 1 '21-'31
Assessed val'n, personal_
populia. 1910,9,017;'18 (est.), 10,000 BOND.J-J
399,677 4 Bridge Bonds.
DEBT Jan 31 '19_6,186,000
X
.
s'17
_
_
$21,000
Other assessable property
1919-1940
48,211
z INT. at Old Colony Trust Co.. Water debt (included)
1,630,000
School
Bonds.
Tot.ass'd val.'18 (90%act.)1,533,048
Sinking funds
170,000
F-A 8340.0000Aug 1 1941 others at Town Treasurer's office.
Total tax rate(per $1,000) 18-$18.00 4
NET
DEBT
Jan
31
'19_
__
4346'14
-6,016,000
J-J
40.000
...Jan
1 '20-'29
Population in 1910
1,907
Grand List Tax Rate
75,000. Jan 1 30-'34 WALLINGFORD,TOWN.
1918.
1918.
42.000 _Jan 1 '20-25
The town and
of Walling- 1st Dist
SEYMOUR.
$112,721,503 $9.61
00'15 J-J
80,000. Jan 1 '26-'35 ford Is situated In borough
New
This town is in New Haven County
Dist
110,406,503 13.29
100,000„Jan 1 '36-'45 Incorporated 1669. Haven County. 2nd
Incorp. May 1850.
Total
223.131,106 22.90
Town Ha
J-J $30,000c
Refunding Bonds.
1927 Pop. 1910, 73,141;'18 (est.), 115,000
4s '08 J-D $225,000o..Doc 1 1938 4s '97
High-School & Refunding Bds.
4Ms'15 M-S $52,000c.Mar 1 '20-'45
INT. on school bonds of 1897 at
Schools and Bridges 1893.
$80,000_
_ Dec 1 '19-'26 Nat. Park Bank, N. Y.; water bonds
90,000c_ _Mar 1 1946 4s
F-A 596,000o_ _Aug 1 1923 4s '16 J-D
80,000__Dec 1 '27-'36 of 1904 and sewer bonds of 1904
BOND. DEB Juno 1 1919 $142,000
and
School.
70,000__Dec 1 '37-'46 1905 by N. Y. draft; water bonds
Assessed valuation 1918...4,854,916 4s High F-A
of
1.75.0000.
..Aug
1
1924
Funding
Bonds.
(Assessment about 90% actual value)
1910 & 1913 at Columbia Trust Co.,
Funding Bonds.
4s '09 J-J 545,0000_ _July 1 1930 N. Y.; 4(.s of 1915 at First
Total tax rate (per $1,000)'18 819.00 4s g
Nat.
F-A 375,000o_ _Feb 1 1927
Refunding
Bonds.
Population in 1910
Bank,
all other Issues at
4,786 43.s'17
80,000
1919-1940 3.65s '9911-N*22.000c___ 1919-1929 office ofBoston;
City Treasurer.
INT. payable at Seymour Tr. Co.
Improvement Bonds.
434s'18 A-0 80,000c___Apr 1 1938
450'11 J-J $35,000o_ __July 1 1941
Refund.
&
Improve.
Bonds.
WATERFORD.
SHELTON.
•
a Road Improvement Bonds,
4548'12 A-0 $35,000c
This town is in New London Co.
This city (formerly a borough) is in 4)s'17 ___
8,600
1919-1940 ($5,000 payable every 5 years; next Incorporat
ed in 1801.
Fairfield Co. and comprises all of the 4)is'17 J-J $75,000___ _July
2
1932
payment
Apr
1922.)
BOND. DEBT Oct 28 '16- 340,000
territory of the town of Huntington. BOND.DEBT July 1917_81,280.000
BOND.DEBT Apr 23 '19 3442.006 Floating debt
Funding Bonds.
Floating debt
104.233
311,000
Floating
debt
65.000 Grand list 1916
43s'17
1875.000
2,45.5.045
1919-1933 Sinking funds May 1 1917 267,536 Sinking funds
6,890 Tax rate (per $1,000) 1915 ___316.00
1 4.000
1934 Assessed valuation, real _41,181„69I Assess. val. real estate_
8,747,160
Population
in
Bridge Bonds.
Assessed vain, personal
1910
3,097
3,679.894 Assess. val. personal prop_ _2.191,803
$1.000
1934 Total val'n 1916 (actual)_44,861,585 Total assess. val. 1918_ _ _11.238.963
WATERTOWN.
00'17
{20,000
1935-1938 Total tax rate(per 81.000)'16.310.75
(Assessmen
t
at
full
value)
This
town
is
in
Litchfield County.
1,000
1939 Pop. 1910, 28,836; 1917 (oat.). 37.000 Town tax (per $1,000) 1919_315.00 Incorporated
In May 1780.
Road Bonds.
a INT. payable at National Park Pop'n 1910. 11,155; 1919 (est.)12,50
Notes.
$4,000
4Xs'17
1939 Bank, Now York; all others at office INT. at First Nat. Bk., Wallingford0. 434s'07
$12.000__Dec 1 '19-'22
1.40
434s'15
School and keflinding Bonds. of Town Treasurer.
10.000__May 1 '19-'23
4 ,is'15 ___ 60,000.May 1 '24-'35
4s '08 J-J $100,000r__ __Jan 1 1928 STONINGTON.
WALLINGFORD, BOROUGH.
TOTAL
DEBT Apr 29 '19_ S85,000
43.s'11 F-A 100,0000...Aug 1 1931
Inc.
1853.
Population
town
In
This
New
is
'10.
8,690.
London
Co.
Grand list 191)8_-___-- _ _ _4,826.336
Borough of Shelton bonds_ 825,000 Inc.
Refunding Bonds
•
Oct. 1658. Pop'n 1910. 9,154.
BOND.DEBT Jan 1 1919434s'13 J-D $60.000____June 1 1943 Tax rate (per $1,000) 1918.-318.50
Bonds.
Population in 1910
Town of Huntington bds. $200.000 Is Refunding
3,850
(optional
beg.
$100,0000_
1928).
g'08
M-N
.May
1 1928
Borough of Shelton bonds 25.000
454s'14 M-N$13.000c_Nov 1 1944
School Loans (Assumed).
Floating debt-Borough _ _ _
(Subj. to call beg. Nov. 11929). WATERTOWN FIRE DISTRICT.
33.000 01st. No. 3 bonds. 45
*50.000
Sinking fund (town & boro.) 47.808 Dist. No.
This district is in Litchfield Co.
Street Bonds (Opt. beg. 1928).
18 bonds. 4s
47,000 430'13
Net city debt Jan 1 1919_ 231,876 BOND. DEBT
Water Bonds.
J-1) $75.000____June 1 1943
Apr 1019_
Tot.ass'il val.'19(90% mt.)105114
4 Wis'17 F-A $90,000
58 Floating debt April 1918... $197.000
450'14
25.000.
_.May
M-N
1
serial
1944
99,680
Tax rate (per I First DistrIer_ _812.50 Sinking
BOND. DEBT Apr 25 1919_390,000
(Subject to call May 11929.)
funds April 1918_ _ 9,426
$1,0001 '19(Second District_ 17.00 Grand list
Floating debt (addl)
Electric-Light Bonds.
6,850
1917(907 aet.)-6,553,018
ssopulation in 1918 (est.)
9,000
M-N$27,500
May 1 1929 Assess. val. 1918-19_ _ _ _ _2,202,539
rate (per 51.000) 1917-418.00 334s
INT. on town bonds payable at Tax
Total tax (per $1,000) '18-'19_417.50
Water Bonds.
INT. payable at Treasurer's office.
Shelton Bank & Trust Co.
45
M-N $45.000c__ _May 1 1923
Sewer
Bonds.
WEST HARTFORD.
STRATFORD.
SOUTHINGTON, BORO.
4s
$45,000c._ May 1 1923
This town is In Hartford County,
This town is in Falrflold County. 334s
31-N 50,000o_ Nov 15 1929 Inc. May 1854. Pop'n
This borough Is In Hartford Co. Settled
'10, 4,808.
In 1639.
434s'13 J-J
42,000____June 1 1943
Incorporated 1889.
Refund.. 'mot. & Sewer Bonds.
__
840,000
(Optional beglnning June 1 19281 4348'13 J-D$300.00
Refunding Bonds.
0____Dec 1 1943
__ 30.000___July 1 1920 TOT. BD. DT. Apr 1919...
334s
4 iFi'16 A-0 $118,000- __Apr 1 1946 4s
$410,000
434sg'15FA 150,000... Aug 1 1945
12,000____Jan 1 1926 Water bonds (included)._
BONI). DEBT Apr 1919_ 8118,000
70,000 BOND.DEBT Aug 1915._ $450.000
13.000___
13.000_......Apr
Apr 1 1927 Floating debt
Sinking funds
82,300 Grand List 1916
7.007 4s
10,285.441
Bonds.
SInkIngfGeneral
Grand list 1919(90% act.)-4,101,409 434s'17
19,334 Town tax (per *1.000) 1914..$i1.00
s-a $120.000-Dec 1 '19-'48
fund 1Elec light bonds.- 55,000
INT. at U. S. Bank. Hartford.
city
.
CONNECTICUT-CIT1ES AND TOWNS.
48
WESTPORT.is in
z Coupon Bonds.
1 19-'35
Fairfield County. 00'15 M-N334,000c Nov
This town
I 30.000c Nov 1 '36-'45
Incorporated May 1935.
DEBT Oct 1 1918.. $66,000
BOND.DEBT Apr 30 1919 $325,000 BOND.
31,574
35,000 Floating debt
Floating debt
586,341
10,000 Assessed val'n, real estate_2,227,746
Cash on hand
personal_
val'n,
Assessed
7,599,523
list
Grand
2,814,087
Total ass'd val'n 1918
Total tax rate (per $1,000)'18 $14.50 (Ass't
abt. 80 to 85% actual value.)
4,250
Population in 1910
Tax rate (per $1,000)1918____$15.00
Pop. '10, 3,148: '19 (est.), 3.750
WEST VILLE.
z INT. at Phoenix Nat. Bank.
This town is in New Haven Co. Hartford.
School & Sewer Bonds.
430'18 M-S ;10.000—Mar 1 1923 WILLIMANTIC.
130.000-__Mar 1 1948
This city is situated in the town of
$106,355 Windham
TOTAL DEBT 1918
. Windham Co. Ino. 1893..
(?) .
Population
Municipal Bonds (Coupons).
A-0$200,000c_ _Oct'25 &'34
Water Bonds.
DIST.
WESTVILLE SCH. Bonds.
43'85&'04A-0 $50,000c__Oct 1 1929
School Building
4s '89 A-0 75,0000....0ot 1 1924
1941
1
__July
$40,000__
43s
BOND.DEBT Apr 1918—$325,000
40,000____Oct 1 1943 Sinking
4s
74,518
funds
--- 60,000_ - _ _Mar 1 1948 Water debt (Included)
125,000
43s
Bonds.
ouse
5
*Fire Engine-H
14,522,50
1915
list
Grand
430'15 J-J $13,000____July 1 1945 Tax rate (per 1.1,000) 1916---- $7.00
Sewer Bonds.
11.260
n In 1910
Populatio
1948
1
___Mar
___ $80,000_
436s
INTEREST payable at City Treas.
BOND.DEBT July 15'18.. $233,000
62.000 WILTON.
Floating debt
11,739
Sinking fund
This town is in Fairfield County.
Grand list 1917 (act.)_ _ _ _ _7,695 055 Incorporated May 1771.
Tax rate (per $1,000) 1917___$16.00 5.9
s-a $25,000
5,000
Population in 1918 (est.)
BOND.DEBT Apr 1 1919- $25,000
*Int.atNat.Tradesmen Bk.,N.Haven Floating debt
2,000
2,000
Sinking fund
(about
80%
1918
list
Grand
WETHERSFIELD.
1,771,000
actual)
This town is in Hartford County.
$1,000) 1918—$14.00
This town was settled in 1635 and Tax rate (per
1.700
1910
n
in
Populatio
gamed in 1637.
•
[VOL 108.
WINDSOR.
WINCHESTER.
This town is in Hartford County.
This town (P. 0. Winsted) is in Town was settled in 1635.
Litchfield County. On Oct. 1 1915
Funding Bends.
the
as
Winsted Borough (now known
430 15 J-J 3140,000c_July 1 '19-'48
Winsted District) was consolidated 4s
20.000
one
under
now
is
and
town
this
with
BOND. DEBT Apr 23 '18.. $165,000
20.211
government. Winchester was in- Sinking funds
5,158,018
corporated in May 1771.
Assessed valuation
$15.00
'town Bonds.
Tax rate (per $1,000)
4,178
4s '10 M-N$54,000c_May 1 '20-'28 Population in 1910
430'15 M-N_85,000c_May 1 '20-'36 INT.at Windsor Tr.& Safe Dep.Co.
430'18 M-N*_50,000c_Nov 1 1928
WINDSOR:FIRE DISTRICT.
Borough Bonds.
Water Fund Bonds.
4s '96 F-A*332,000c____ 1919-1926
1945
330'06 A-0 *32,000c___Oct 1 1931 4%8'15 A-0 $140,000c__Oct 11925.)
4s '14 F-A *§100,000c or rAugl'27-51 (Subject to call after Oct 1
General Fund Bonds.
TOT.BD. DT. May 2 1919 $353,000
32,000 4306'15A-0$20,000c_Oct 1 '19-'30
Water debt (incl.)
20.000c-_ _Oct 1 1931
38,653
Floating debt
29.913 BOND.DEBT Apr 30 '17.. $180,000
Sinking funds
4,014
add'i
t
debt,
358,149
Assessmen
estate.7,
real
val'n,
Assessed
8.500
Assessed val'n, personal__ _1,199,044 Floating debt
19,959
47,588 Cash in hand
Other asssessable property.._
21,021
Total ass'd val. 1.8 (act.)_ _8,604,781 Sinking fund
$15.00 Assessed valuation 1917- _ _1,376.041
Tax rate(perity
3.00
1917___-$
$1,000)
(per
tax
12.50
Dist.
Town
'18
$1,000)
2.500
Pop. '10, 8,679; 1919 (est.), 9,000 Population in 1917 (est.)
Trust & Safe
Windsor
at
INT.
Boston;
Bank,
Nat.
INT.at First
or Irving Nat. Bank, N.Y.
on others at the Hurlbut Nat. Bank, Dep. Co.
Winsted.
R LOCKS.
WINDSO
* These bonds are tax-exempt.
This town is in Hartford County.
Incor. May 1854. Pop'n.'10. 3.715.
Sewer Bonds.
WINDHAM.
15 1935
This town is in Windham County. 4301;15 J-J $50,000c__Jan $91.145
Incor. May 1692. Pop n,'10, 12,604. NET DEBT Sept 1 '15----3,683,998
1916
list
Grand
School Bonds.
1915—$15.00
430'14 J-J $150,000.-__Jan 1 1944 Tax rate (per $1,000)
INT. at Windsor Locks Tr. & Safe
(?)
TOTAL DEBT
$14,912,947 Deposit Co.
Grand list 1916
49
DEBTS AND RESOURCES
OF THE
N
1\-) TATES,
OrrMS AND
IN
Tow NS
THE
MIDDL1-4 STATES
INDEX FOR THE MIDDLE STATES, CITIES, ETC.
NEW YORK—State, Cities, &c
Pages 49 to 78 DELAWARE—State, Cities, &c
NEW JERSEY—State, Cities, &c
Pages 78 to 92 MARYLAND—State, Cities, &c
PENNSYLVANIA—State, Cities, dm
Pages 93 to 108 DISTRICT OF COLUMBIA
Pages 108 to 109
Pages 109 to 111
Page 111
.111.4
of by means of a direct tax as heretofore. No direct
State levy, therefore:
was made in 1906 to 1910, revenue being entirely
raised through the operation of mortgage, stock transfer, liquor,
Inheritance and corporation taxes.
In July 1911, however, the Legislature again
imposed a direct tax of 6-10
ITS
of a mill on each,dollar of real and personal property.
In 1912 the Legislature made provision for a direct tax
DEBT, RESOURCES, ETC.
levy
of
one
In order to avoid the levying of a direct tax, a mill. At the 1913 session.
bill was introduced to permit
Admitted as a State
One of Original Thirteen the transfer to the general
fund of a part of the sinking
fund. This meashowever,failed to pass both houses. V.96,
Total area of State (square miles)
50,203 ure,
p. 1435. On Sept. 17 1913,
while the Legislature was in extra
session, a bill was passed authorizing
State capital
the
Albany levy of a direct tax of 5805-10000 of
a mill. In 1914 a bill was passed proGovernor (term expires Dee. 31 1920).. ....Alfred E. Smith viding for a direct tax of three hundred
and fifty-five thousandths of a mill
but this was vetoed by the Governor.
V. 98. p. 1404. At the
Sec. of State (term expires Dec.31 1920)__ _Francis M.Hugo session of the Legislature provision
was made for the levy of a direct1915
tax
of one and seven-tenths mills. V. 100,
Treasurer (term expires Dec. 31. 1920)
James L. Wells iniposed
p. 1525. No direct State tax was
by
the
1916
Legislature
. In 1917 the Legislature provided for a
Comptroller (term expires Dec. 31 1920).. _Eugene M.Travis direct tax of 1.08 mills,
and
in
1918
it
imposed
a
direct
tax
of
1.06
mills.
Attorney-Gen'l (term exp. Dec. 31 1920)_Chas. D. Newton
—*State Tax—
Valuation
LEGISLATURE meets annually,the first Wednesday In January, and
Total Equalized Rate per
Total
Year— Real Estate
Personal.
length of sessions Is not limited.
Valuation.
$1.000. Levied.
1918...312
,006,966,7
64
3513,853,0
47
312,520,819,811 $1.06 $13,272,069
HISTORY OF DEBT.—The early historical details of New York State's 1917--- 11,605,694,898
debt from 1817 to 1894 will be found in the "State and City Supplement" 1916-- 11,335,638,806 485,742.745 12,091,437,643 1.08 13.058,753
454.989,997
,803 None
of April 1893. page 41.
None
1915--- 11.146.271.012 924,149,875 11.790,628
12.070,420,887 $1.70 20,519,716
During a period of eleven years ending in 1893 the State debt
1914.-- 11,144,162,824 436,509,748 11,580,672
,572 None
at the average of 41,000,000 per year, and practically wiped out. was paid 1913-- 10.960.260
None
,892
424.876.23
11.385,137
5
,127
0.5805 9.830.467
In Nov. 1895 the voters approved a bond issue of $9,000,000, for the 1912-- 10,684,290
,188 444.207.867 11,128,498.055 1.00 11,022,98.5
purpose of enlarging and improving the Erie, Oswego
and
1911--- 10,561,501,373 461,484,541 11.022.965,914
canals. These bonds were all issued and have since been Champlain
0.60 6.072 766
1910-redeemed.
9,639,001,
868
482.275.59
10,121.277
3
,461 None
In 1903 a further issue of $101,000,000 canal bonds was authorized, and 1909--- 9,266,628,484
None
555.192,070 9.821.820,554 None
these bonds have all been sold. [A bill, signed by the Governor
None
April 17 1908 — 9,117,352,838 548,765.843 9,666,118,681 None
1912. authorized the State Comptroller to issue canal improvement
None
8,553,298,
1907-bonds
188
620.268.05
8
9,173,566.246 None
made payable in foreign currency. V. 94, p. 1131.1 At the
None
elec- 1906— - 7,933,057.917 632.321,477 8,565,379,394 None
tion a constitutional amendment was adopted giving authority 1905
None
create an 1905___ 7,312,621.452 702,469,270 • 8,015.090,722 30.154
aggregate debt of $50,000,000 for highway purposes, and all of to
1,191,677
1904—
these
.
7,051,455.
bonds
025
686.710,61
5
7.738,165,640 0.13
have been sold. The question of issuing an additional $50,000,000 bonds 1903- -- 6,749,509,958
968,042
696,966,169
7.446,476,127 0.13
for highways received a favorable vote in Nov. 1912, and of these
761,085
$30,- 1902- __ 5,297,754,482 556,736,239 5,854,490.721 0.13
000.000 have been issued. In Nov. 1909 the voters approved the
748,072
1901- -_ 5,169,308,069 585,092,312 5,754.400,381 1.20
issuance
of $7,000,000 bonds for the Cayuga and Seneca Canals, all of which have 1900-- 5,093,025.771
been sold. In 1910 the voters approved the issuance of $2,500,000 bonds, 1895.:— 3,908,853,377 593,895.907 5,686,921,678 1.96 10,704,1 5R
459,859,526
4.368,712,903 3.24 13,906,346
all of which have been sold, for the acquisition of the Palisades
1890-- 3,397.234,679 382,159,067 3.779,393,746
2.34
Park. At the election Nov.7 1916 a favorable vote was goolled onInterstate
8,619,748
1870-- 1,599.930,166 452,607,732
the
refer2,052,537,
898 7.26 14.285,976
endum proposition providing for the issuance of $10,000,000 additional 1859-- 1.098,666,
251 315.108,117
1.413,774,368 2.50
bonds for this purpose and for State Forest Preserve, and of which $2,500,3.512.284
* The direct State tax, it will be noticed from the above, is
000 have been-issued. V. 104. p. 86. Under the provisions of Chap.
always reckLaws of 1911, and Chap. 252, Laws of 1914, Chap. 335 Laws of 394, oned on the valuations of the previous year, these being the latest figures
1915. available at the time of the session of the Legislature
$1,284,000 bonds were authorized for a State Reservation at Saratoga
.
Springs. These bonds were all issued. but $665,000 have been redeemed,
POPULATION OP STATE.—New York ranks first in population among
leaving outstanding Apr. 30 1919 $619,000. A proposition to issue
the States of the Union. The following gives the
U. S. Census figures,
800,000 barge canal terminal bonds was adopted Nov. 7 1911, and of $19,these except 1905 and 1915 returns, which were compiled under State supervision.
$13.000,000 have been sold. On Nov. 2 1915 the voters approved the
issu- 1915-9,687,744 11890-.1'6.003,174 1850 --_3,097,394 1810
959,049
ance of $27,000,000 bonds for the completion of the barge canal; all of these
1910..__9,113,614 1880..__5,082.871 1840_.2.428,921 1800
589,051
have been disposed of. The State's total debt on Apr. 30 1919 was
1905.._8.067,308 1870....4.382,759 1830 _ —1,918.608 1790
340.120
119,660. The sinking fund on the same date was $63.612,677 06. $236,1900 - —7,268,894 1860---3,880,735 1820.1,37
Loans
2.812
outstanding Apr. 30 1919, were as follows:
*Includes population (5,321)of Indian reservation
s, specially enumerated.
Canal Bonds (Gold).
Highway Bonds (Gold).
CANASERAGA CREEK IMPROVEMENT BONDS.—On July 1 1910
38 '05 J-J 32.000.000__Jan 1 1923 38 '06 J-D$1,000,000__Dec 1 1956 the State Water Supply Commissio
n
sold
under
of Chap. 54,
3s '06 J-J 1,000,000__Jan 1 1956 4s '08 M-I3 5,000,000__Mar
Consolidated Laws of 1909, and on behalf of the authority
Canaseraga Creek /m38 '07 J-J 5,000,000__Jan 1 1957 48 '08 M-S 5,000,000....Sept 1 1958
1958 provement District in Livingston County,3200.000 5% bonds, due $5,000
38 '08 J-J 5,000,000__July 1 1958 48 '10 M-S 5,000,000__Mar 1
1 1960 yearly from 1915 to 1954, Incl. V. 91, p. 110. These bonds are payable
38 '09 J-J 10,000.000__Jan 1 1959 48'11 M-810,000,000__Mar 1
1961 by assessment upon the lands and properties in such improvement district.
45 '10 J-J 11,000,000__July 1 1960 48 '12 M-S 8,000.000--Mar 1
1962
CONSTITUTIONAL AMENDMENT CHANGING CLASSIFI
4s '11 J-J 10.000.000__Jan 1 1961 00'13 M-S21.000.000__Sept
1
1963
OP CITIES.—At the Nov. 1907 election an amendment to Sec. CA48 '11 J-J 10.000,000__July 1 1961 430'15 M-S10.000,000__Mar 1965 TION
2 of
Art. 12 of the constitution was adopted by a vote of
48 '12 J-J 12,000.000.._Jan 1 1962 4s '15 M-S 5,000,000__Sept 1
309,159 "for" to 123 919
"against." This amendment alters Sec. 2 by changing
4qs'14 J-J 30,000,000__Jan 1 1964 48 '17 M-S10,000,000__Mar 11968
the population of cities
1
of
first
the
1967
class
from
"250,000
or more" to "175.000 or more." and cities of
4 8'15 J-J 12,000,000Jan 1 1965
Barge Canal Terminal (Gold).
the second class from "50,000 and less than 250.000"
48 16 J-J 17,000,000__Jan 1 1966 48
to "50,000 and less
J-J 35.000,000_Jan
than 175,000." This section was printed in full in V.85.
4s '17 J-J 10,000,000.. _Jan 1 1967 434s'15 J-J 5,000,000_ _Jan 11 1942
p. 359.
1965
State Reservation (Gold).
NEW CONSTITUTION DEFEATED.—A revised Constitution drafted
'16 J-J 3.000,000__Jan 1 1946
4s
by the Convention of 1915, in session from April 6 to Sept. 10, was overM-S 95619,000 Marl '20-'25
48
Palisades I.-S. Park (Gold).
whelmingly
Forest
defeated at the general election Nov. 2 1915.
State
Preserve Park Bonds 48 '11 M-S$2,500.000__Mar 11981
102. p. 172.
The changes proposed by the Convention were explained in V.
(gold)
an "address to
4s '17 M-S 32,500,000_Mar 11067 48 '17 M-S 2,500,000__Mar 1 1967 the people," whfch was given in full in the "Chronicle" of
Sept.
1915,
-interest
page 892. The voters, at the general election on Nov. 7 1916. 18
bearing debtf Erie & Champlain 6% canal stock
Non
defeated
$160 the question of holding
another constitutional convention. V. 104. p. 86.
[Stock for
6% canal rev. ctfs
500
Interest Is payable at the Bank ofpayment
the Manhattan Company.N.Y.City.
DEBT LIMITATION—STATE.—The provisions of the fundamental
law restricting the power of the Legislature over the issue
STATE DEBT FOR A SERIES OF YEARS.—The 1916, 1917 and
of debt under the
figures of gross State debt given below
Constitution of 1894 are contained in Article 7. We give
are for the fiscal year beginning 1918
the sections of
with
June 30 1016, the year having been changed from Sept. 30 to this
that article (Article 7) below which have reference to the subject.
Chap. 118, Laws of 1916. All other figures in the following tabledate by
State
credit
given.—SE
not
to
CTION
be
1. The credit of the State shall not
are
for
the old date (Sent. 30):
in any manner be given or loaned to or in aid of any individual, associa19188236,214,66 1909- 341,230,66011899- $10,185,66 1875..
tion or corporation.
State debts—power to contract.—SEC.2. The State may,to meet casual
1917 236,309,660 1908- 26.230,660 1898- 9,340,6600 1870- 328.328,686
8,641.606
deficits or failures in revenues, or for expenses not provided
1916 211,404,660 l907_ 17.290,660h 1897_- 5.765,660 1865for, contract
50,861,349 debts; but such debts, direct or contingent,
1915 186,400,660 1908_ 10,630.660 1893—
singly or in the aggregate,
660 1860- 34,182,975 shall not at any time
19141'159,260,660 1905- 11,155,660 1892-exceed one million of dollars; and the moneys
763,160
1850_
arising
23,507,874
1913.108,355.660 1904- 9,410,660 1891-- 2,927,655 1840loans creating such debts shall be applied to the
from
for
18,385,309 which the
they were obtained, or to repay the debt so contractedpurpose
1912- 109,702,660 1903- 9,665,660 1890-- 4,964,304 1830and
to no
8,635,035
other purpose whatever.
1911- 79,730,660 1902_ 9,920,660 1885-- 9,461,854 1820State debts to repel invasions.—SEC. 3. /n addition to the above limited
1910- 57,23 ,66 1900- 10,130,660,1880— 9,114,054 1816_ 2,983,500
2,905.535 power to contract debts, the State may contract
t Comptroller's temporary loan certificates amounting to 3650.000
debts to repel invasion,
were suppress insurrection, or defend the State
also outstanding Sept. 30 1914. * In addition, there were
in war; but the money arising
g from the contracting of such debts shall
Sept. 30 1913 327,000,000 notes issued in anticipation of the saleoutstandin
be applied to the purpose for which
of bonds.
was raised, or to repay such debts, and to no other purpose whatever.
TAX VALUATION, TAX RATE, &c.—Large increase in values for it Limitation
of legislative power to create debts.—SE 4. At the Nov.
1904, due mainly to New York City's real estate being assessed
1918
about full election amendents to Section 4 and 11 of Article C.
7 of the Constitution,
value. The constitutional amendment adopted in 1905 permits interest
and relating to the contracting/ of debts by the State, were adopted
sinking fund requirements to be met out of funds in the Treasury
by the
Instead people. See V. 108, P. 189. The full text of the amendments, as passed.
State of. New York.
50
NEW YORK-DEBT OF STATE.
[VOL. 108.
shall
portions for the supply of water shall not exceed twenty years, and a sinking, fund
Is published below, the new matter being put in italics while the
be created on the issuing of the said bonds for their redemption by raising
equal to the sum of the prineliminated are placed in brackets.
amount
an
produce
will
which
a
sum
annually
debts
no
Article,
this
Except the debts specified in Sections 2 and 3 of
bonds at their maturity.
of this State, unless such cipal and interest of said
to the
shall be hereafter contracted by or In behalf
At the 1909 election a constitutional amendment with reference
work or object, to be
debt shall be authorized by law, for some singledebt
for rapid transit and dock purposes by New
incurred
debt
of
exclusion
authorized
hereafter
water
of
1
1910
Jan.
after
the
exclusion
distinctly specified therein; [and such]. No such probable
to
reference
with
and
life of the work York City,
shall be contracted for a period longer than that of the
cities, was ratified by the voters. In November
determined by general laws, bonds issued by third class
that
providing
constitution
to
the
or object for which the debt is to be contracted to be more
an
amendment
adopted
voters
the
1917
from
than fifty years
first class after Jan. 1 1904 to provide for
which determination shall be conclusive, nor for
contracted by the debts Incurred by any city of the
to be included in ascertaining the power of a
the time of the contracting of such debt. A debt hereafter
not
are
water,
of
supply
the
any
of
portion
each
State, pursuant to an authorization hereafter made, and by the law author- city to become Indebted. Previously this section simply applied to New
sub-division (6), making
such debt from time to time so contracted, may, if provided
, the first of which shall York City. The amendments referred to change
izing such debt, be paid in equal annual installments
which shall be payable not It read as follows:
be payable not more than one year, and the last of
anticipashall have been con(6) All certificates of Indebtedness or revenue bonds Issued Inyears
more than fifty years, after such debt or portion thereof
after
of a debt payable other- tion of the collection of taxes, which are not retired within five
tracted. Such law shall if it authorize the contractingprovide
and
of
water,
supply
the
for
collecprovide
to
for the
their date of issue, and bonds issued
wise than in equal annual installments impose andto pay, the
on any debt hereafter Incurred by any portion or part of a clty, if there shall be
interest
sufficient
and
pay,
to
city
tion of a direct annual tax to
the
of
power
the
of
ascertaining
principal
In
be
included
shall
debt,
the
such
any
such debt as It falls due, and also to pay and discharge
city of the
of the contracting thereof. become otherwise indebted; except that debts incurred by any
such debt within fifty years from the time
and four, and
hundred
nineteen
Section
January,
of
day
this
first
to
the
after
class
first
pursuant
debt
a
of
No [such] law authorizing the contracting
of January
have been submitted debts Incurred by any city of the second class after the first day
class
shall take effect until it shall, at a general election,
votes cast for and nineteen hundred and eight, and debts Incurred by any city of the third
to the people, and have received a majority of all the
for the
to
provide
ten,
and
either
hundred
in
nineteen
bill
January,
of
day
the
first
such
after
against it at such election. On the final passage of by ayes and noes, supply of water, shall not be so included; and except further that any debt
house of the Legislature, the question shall be taken be: "Shall this bill hereafter incurred by the City of New York for a public Improvement owned
to be duly entered on the journals thereof, and shall
people?" The or to be owned by the city which yields to the city current net revenue, after
pass,and ought the same to receive the sanction of the
law by the people, making-any necessary allowance for repairs and maintenance for which the
Legislature may at any time, after the approval of suchthereof,
repeal the city is liable. in excess of the interest on said debt and of the annual installpursuance
in
If no debt shall have been contracted
of any further ments necessary for its amortization, may be excluded in ascertaining the
same; and may at any time, by law, forbid the contracting
such Act, power of said city to become otherwise indebted, provided that a sinking
by
imposed
any,
if
tax,
the
but
law;
such
under
liability
or
debt
been contracted in fund for its amortization shall have been established and maintained and
In proportion to the debt and liability which may have
irrepealable, and be
the indebtedness shall not be so excluded during any period of time
pursuance of such law, shall remain in force and be have made the pro- that
when the revenue aforesaid shall not be sufficient to equal the said interest
annually collected, until the proceeds thereof shall interest
principal
n installments, and except further that any indebtedness
and
amortizatio
and
the
vision hereinbefore specified to pay and discharge from any loan or stock heretofore incurred by the city of New York for any rapid transit or dock
of such debt and liability. The money arising
specified
be so excluded proportionately to the extent to which the
may
object
or
investment
work
the
to
be
applied
shall
creating such debt or liability
payment of such current net revenue received by said city therefrom shall meet the interest
in the Act authorizing such debt or liability, or for theNo
in the
shall
such law
and amortization installments thereof, provided that any increase
debt or liability, and for no other purpose whatever.
result from the
after its passage or at debt-incurring power of the city of New York which shallonly
acbe submitted to be voted on, within three months
for
the
available
be
shall
to
incurred
submitted
heretofore
debts
of
exclusion
shall be
any general election when any other law, or any bill
used for rapid transit or dock
may provide for the issue of quisition or construction of porperties to bethe
be voted for or against. The Legislature exceeding
by which and the
method
of
prescribe
lieu
shall
in
Legislature
The
years
purposes.
fifty
so exbonds of the State to run for a period not
impose and provide terms and conditions under which the amount of any debt to be
bonds heretofore authorized but not issued and shall
excluded except in
payment of the same as cluded shall be determined, and no such debt shall be Legislature
may in
for the collection of a direct annual tax for thecreated
The
so
prescribed.
on
Section
determinati
this
the
with
under
accordance
of the
hereinbefore required. When any sinking fund
no further direct Its discretion confer apRropriate jurisdiction on the Appellate Division
shall equal in amount the debt for which it was created,
the purpose of deterand the Legislature Supreme Court in the First Judicial Department for No
s of a
tax shall be levied on account of said sinking fund
indebtednes
excluded.
so
to
be
debt
such
any
on
of
interest
the
amount
mining
shall reduce the tax to an amount equal to the accruing
the rate of interest city valid at the time of its inception shall thereafter become invalid by
debt. The Legislature may from time to time alter
section.
this
of
the
provisions
of
of
any
authorized
the
operation
of
be
reason
may
or
been
to be paid upon any State debt, which has
part of such debt,
Whenever hereafter the boundaries of any city shall become the same
pursuant to the provisions of this Section, or upon any
altered upon any as(7)
those of a county, the power of the county to become indebted shall
provided, however, that the rate of interest shall not be
has
which
thereof,
cease, but the debt of the county at that time existing shall not be included
part of such debt or upon any bond or other evidence
In case the as part of the city debt. At the November 1899 election an amendment
been, or shall be created or issued before such alteration.
thereof,
part
or
debt,
such
any
upon
to the constitution was adopted changing this paragraph to read as follows;
Legislature increase the rate of interest
annual installments, Whenever the boundaries of any city are the same as those of a county,
it shall, if such debt be payable otherwise than in equal
pay and or when any city shall Include within its boundaries more than one county,
to
tax
annual
a
direct
of
the
for
collection
provide
impose and
such debt as it falls the power of any county wholly included within such city to become insufficient to pay the increased or altered interest on
debt within fifty debted shall cease, but the debt of the county heretofore existing shall not.
due and also to pay and discharge the principal of such
shall appropriate for the purposes of this section, be reckoned as a part of the city debt.
and
thereof,
years from the time of the contracting
to pay such
annually to the sinking fund moneys in amount sufficient
(8) The amount hereafter to be raised by tax for county or city purposes.
when it shall
interest and pay and discharge the principal of such debt
In any county containing a city of over 100.000 inhabitants, or any such
become due and payable.
of this State, in addition to providing for the principal and Interest
city
the
in
funds
Sec. 11. The Legislature may appropriate out of any of any debt of existing debt, shall not in the aggregate exceed In any one year 2% of the
treasury, moneys to pay the accruing interest and principal
valuation of the real and personal estate of such county or city, to
assessed
debt
such
if
may,
and
heretofore or hereafter created, or any part thereof apart in each fiscal be ascertained as prescribed In this section In respect to county or city debt.
be payable otherwise than in annual installments, set to pay the interest
terms of the foregoing section, Paragraph (1), every "County,
the
By
year, moneys in the State treasury as a sinking fund any debt heretofore City, Town or Village" is included in the prohibition against (1) loaning
or credit." (2) in becoming "directly or Indirectly the owner of
money
as it falls due and to pay and discharge the principal of
"its
the
until
any association or corporation." and (3) in "incurring
or hereafter created under Sec. 4 of Article 7 of the constitution
of such sinking stock in or bondss of
except for County, City, Town or Village purposes."
same shall be wholly paid, and the principal and income
indebtednes
any
created
is
fund
Include only counties and cities.
paragraphs
fund shall be applied to the purpose for which said sinking
other
of
the
Most
such moneys so set
and to no other purpose whatever; and, in the event
In May 1886 the New York Court of Appeals decided at the end of a litisinking fund, a direct gation
apart in any fiscal year be sufficient to provide such collected,
begun In July 1885 that the sinkino fund was not a part of the city debt
required
as
annual tax for such year need not be imposed and of any law enacted in within the meaning of the above provision of the constitution limiting the
debt to 10% of the assessed valuation of the real estate.
by the provisions of said Section 4 of Article 7, or
same shall fall due creation of
pursuance thereof. The Legislature shall annually as the of
Towns and villages are not limited In their debt-making power by the
the interest upon
. Those municipalities are governed by general or special
provide by direct tax, appropriation or both for the paymentof
constitution
the State, payable statutes.
and installments of p"incipal of all debts created on behalf
of any law enpurThe 1895 Legislature passed an Act "for the protection of bona sfide
in annual installments, pursuant to Section 4 of Article 7, or
chasers and holders of coupon bonds and of municipal corporation against
CI.led in pursuance thereof.
of
rate
the
%
A
of
text
4
full
to
The
4%
from
officers."
public
Increasing
of
or negligence
(On June 2 1913 a bill was signed
improvements and misfeasance, malfeasance
Interest on bonds thereafter issued for canal and highwaybill passed in 1915 this law was published in the "Chronicle" of June 8 1895. V. 60. P. 1023.
A
1642.
p.
V.
96,
facilities.
terminal
barge canal
not exceeding 4A %
HOME RULE BILL.—On April 10 1913 a blii was signed (given in full
permits the sale of canal and highway bonds atMarch
10 1915.1
on
In V.96, o.1108), conferring on all cities full powers of local self-government.
Interest and a block of $27,000,000 4;4s was sold
of
1915.
Laws
333,
Chap.
by
amended
as
VALID.—
1913,
(Chapter 645, Laws of
OPTIONAL CITY GOVERNMENT LAW DECLAREDoptional
In anticipation of the sale The
city
allows the Comptroller to issue 57,, 1-year notes$27,000,000
Court of Appeals on Dec. 22 1917 declared valid the
of these notes
sold
2560.
State
the
p.
5
1913
105,
On
June
V.
in
1914.
the
bonds.
by
Legislature
passed
of State
the proceeds of government law
due Feb. 1 1914. and these were taken up with a part of
L
OF
MUNICIPA
SALE
AND
ING
ISSUANCE
REGULAT
BILL
in 1917
351.000.000 434% bonds sold Jan. 21 19144 5.—The sinking funds pro- AND
SCHOOL BONDS.—The general municipal law waaamended
Sinking Fund, how kept and invested.—SEC
no coupons attached
having
bonds
municipal
that
principal
providing
the
534)
of
(Chapter
ent
extinguishm
vided for the payment of Interest and the
invested, and must have the payee's name inserted and registered with the treasurer or
of the debts of the State shall be separately kept and safely
The bill also proany manner other than other designated official, before interest shall be paid. corporation
neither of them shall be appropriated or used In been
, or by
[At the vides that all bonds hereafter issued by any municipal
provided.
for the specific purpose for which It shall have
sold, in the case
be
shall
State
the
of
amendment to any school district or civil division
general election Nov. 2 1915 the voters rejected a proposed
or special act, and in the case
charter
its
by
as
required
cities
class
first
of
that—
providing
n
Constitutio
Section 4 of Art. VII. of the
of a debt of second class cities, as required by the second class cities law, and in all
"In case any annual tax heretofore imposed for the npayment
will. If continued. other cases, bonds must be sold at public sale not less than 5 or more than
authorized by vote of the people under the Constitutio
and also 30 days after publiCation of offering. The full text of the 1917 amendment
due
falls
it
as
debt
such
on
provide for the payment of the interest
due, the Legis- was published in the "Chronicle" of May 19 1917, page 2031.
the payment of the principal of such debt before it becomes
titat
provided
tax,
such
of
rate
the
by
reducing
law
the
BILL PERMITTING LEGALIZING OF MUNICIPAL BONDS BY
amend
may
lature
interest on
the
the same shall not be reduced below a sum sufficient to pay the becomes SUPREME COURT.—The 1911 Legislature passed a bill amending
general municipal law by providing that proceedings heretofore or heresuch debt as it falls due,and also the principal of such debt when it
pursuant
Issues,
to
bond
in
relation
s
corporation
by
municipal
taken
after
due.'
VIL- to statute authorizing such procedure. may be legalized and confirmed by
DEBT LIMITATION—CITIES, COUNTIES, TOWNS AND to the the
Supreme Court instead of requiring legislative enactments. This bill
limit
LAGES.—The constitution of 1894 puts a geqeral and uniform
"Chronicle" of Dec. 9 1911. page 1619. See also
their obli- was given In full in the
power of counties and cities of the State to contract and put out
•'Chronicle' of Feb. 3 1912, pages 316 to 318. inclusive. • The Appellate
Division of the Supreme Court at the July 1913 term declared the Act to
gations, leaving the Legislature to fix the debt-making Power of villages
We give be constitutional. V. 97, p. 211.
and towns only. These provisions are found In Art. 8. Sec. 10.
EXEMPTION FROM TAXATION.—Sec. 8, Article Two, Chapter 24.
that section in full below. The separation into paragraphs and the figures
we Consul. Laws of 1909 (p. 403) provides that "all bonds of a municipal corpoown,
our
In parentheses which number and begin the paragraphs are
particular
until payable, shall be exempt from taxation for town, county,
any
to
ration,
refer
to
need
who
those
that
so
having inserted them
that
municipal or State purposes." Chapter 24 here mentioned provides
portion can the more readily find the part desired. •
'municipal corporation' as used in this chapter includes only a
term
the
or
money
any
give
hereafter
shall
village
or
town
city,
(1) No county,
given In
the
definition
from
differs
This
village."
and
city
town,
county,
assoindividual,
any
of
property, or loan its money or credit to or in aid
1909),
stock the General Corporation Law (Chapter 23, Consolidated Laws 'of
includes
ciation or corporation, or become directly or indirectly the owner of
county, which in Section 3 of Article 1 says that "A 'municipal corporation
other
in, or bonds of, any association or corporation; nor shall any such
territorial
any
and
city
and
village
district,
school
town,
a
for
except
county,
city, town or village be allowed to Incur any indebtedness
division of the State established by law with powers of ocal government."
county, city, town or village purposes. This section shall not prevent
A bill was passed by the 1917 Legislature, now Chapter 97, Laws of 1917,
aid
of
such county, city, town or village from making such provision for the
amending the tax law In relation to exemption from taxation of bonds
or support of its poor as may be authorized by law.
the State and its civil divisions. The new law amends sub-division 6 of
(2) No county or city shall be allowed to become Indebted for any purChapter 60 of the commitconstituting
of
1909,
Laws
62.
4,
Chapter
Section
s,
indebtednes
existing
pose or in any manner to an amount which, including
county dated laws, so as to read that "bonds of this State or any civil division
shall exceed 10% of the assessed valuation of the real estate of such
rolls of said thereof," are exempt from taxation. V. 104, IL 1513.
or city subject to taxation as it appeared by the assessment
the
prior
TAXATION ON MORTGAGES.—Mortgages on real property waollY
county or city on the last assessment for State or county taxesof suchtolimiwithin the State of New York are not subject to taxation of any kind,
Incurring of such indebtedness; and all Indebtedness In excess
Imas
except
void,
absolutely
be
the only charge being the payment of a recording tax of A of 1%.
tation, except such as may now exist, shall
in that
portant changes, however, wore made by the 1916 Legislatun3
herein otherwise provided.
and bonds
mortgages
to
the
relating
of
law,
10%
tax
exceeds
s
recording
the
mortgage
of
Indebtednes
section
present
whose
city
(3) No county or
to secured by real property both within and without the State—a condition
assessed valuation of its real estate subject to taxation shall be allowed
be which oft-times applies in the case of corporation mortgages.—V. 103.
become indebted In any further amount until such indebtedness shall
p. 551 and 552. Among these was the amendment to Section 261 of this
reduced within such limit.
of certificates law relating to an optional tax on prior advanced mortgages on real
(4) This section shall not be construed to prevent the issuing
of
collection
the
of
in
anticipation
property. It applies to mortgages recorded prior to July 1st 1906 (the date
issued
bonds
revenue
or
s
of Indebtednes
for when the mortgage recording tax went into effect) and bonds secured theretaxes for amounts actually contained, or to be contained in the taxes
was intended to enable the holder of
the year when such certificates or revenue bonds are issued and payable by. When first enacted this section
any such bond to present It to the recording officer In the county where
out of such taxes.
to
bonds
a tax on the whole amount at the
pay
of
and
the
issue
the mortgage was first recorded
(5) Nor shall this section be construed to prevent
a parity with
provide for the supply of water; but the term of the bonds Issued to provide prevailing rate_of 3.4 of 1%, thus putting such bonds on
JUNE, 1919.1
NEW YORK-DEBT OF STATE.
51
those issued subsequent to the recording tax law as regards exemption
Sec. 239. A savings bank may invest the moneys deposited
from the personal property tax. A ruling of the Attorneytherein, the
General (V. 95, sums credited to the guaranty
p. 993) held that such bonds could only be exempted from
fund thereof and the income derived therethe
personal
from,
in the following property and securities, and
property tax to the extent that the mortgage covered real property
no
others,
and
subject
within
to the following restrictions:
the State. The 1916 amendment made it clear that the whole amount
of
such bonds would be taxed under this section, and when the
1. The stocks or bonds or interest-bearing notes or obligation
recording
tax
s
of the
was paid the bonds would become exempt from the personal property
United States, or those for which the faith of the United States
tax.
is pledged
Another amendment of 1916, to Section 260. providedt
provide for the payment of the Interest and principal,
hat when a mort- to
including
the
bonds
gage was recorded covering property, both within and without
the
of
District
State. this sub-division does of Columbia. [The State Attorney-General ruled that
the tax could be paid on the entire amount, and the whole valuethe
not authorize savings banks to invest in the land purchase
bonds bonds of the Philippin
be exempted from the personal property tax. The Legislature of
e
Islands,
V. 78, P. 268.]
1917
again amended this section of the law (Chapter 72. Laws of1917) in
2. The stocks or bonds or Interest-bearing obligations of
so that
now the situation is as it was prior to 1916, that the tax can be paid
this State
only issued pursuant to the authority of any law of the State.
on the value of the mortgaged property within New York State,
and bonds
3. The stocks, bonds or interest-bearing obligations
are exempt pro rata only, the remaining portion of the bond being
of
any
liable
to
the United States upon which there is no default and upon which State of
personal property assessment as an investmen
there has
without deduction for been no default for more
indebtedness of the owner. See "Chronicle" oft,May
than 90 days, provided that within 10 years
im1917,
5
pages
1762
mediately preceding the investment such State has
and 1763.
not been in default for
more than 90 days in the payment of any part, principal
or
interest, of any
TAX ON SECURED DEBTS OR INVESTMENTS.-In July 1911 the debt duly authorized by the
Legislatur
e of such State to be contracted by
Legislature passed a bill providing for a tax of 5i of 1%
on bonds and other such State since Jan. 1 1878.
obligations secured by property located outside
the
(On July 24 1909 the Attorney-General rendered an opinion
(and also on un•
to the effect
secured debt), and for exemption of the same from theState
that
bonds
of
annual
the
tax
State
personal
on
of
Oklahoma
are legal investments for savings banks
property. The 1915 Legislature suspended the operation of the law
referred under the terms of this sub-division. The right of the banks to invest
to until May 1 1915 and also passed a bill increasing the registrati
in
these bonds was questioned for the reason that Oklahoma
on
fee
on
had not existed
secured debts registered between May 1 and Nov. 1 1915 from
of 1% as a State for ten years. The Attorney-General, however, was of the opinion
and limiting the period of exemption to 5 years. The definitionto
of secured that this does not prevent its bonds from fulfilling the requireme
debts was extended at this time so as to include such proportion of
nts
of the
bond. law so long as there has been no default within ten years on any of
&e., secured by mortgage or deed of trust recorded in the State a
the
obligations. V. 89, p. 298.1
York. and covering also property outside the State, as the valueofofNew
(On Aug. 11 1909 the Attorney-General held that Port
the
property outside the State bears to the value of the entire mortgaged prop- bonds of the State of Louisiana
Commission 5%
"maturin
g at any time between July 1 1924
erty. As this law expired by limitation on Nov. 1 1915, the 1916 Legisla- and July 1 1959" were not legal
ture passed a bill reviving the same until Jan. 1 1917 and also providing banks. The Attorney-General investments for New York State savings
mentioned as a ground of objection to the
that bona fide bond dealers may be permitted to deduct their debts
Port Commission bonds that they are not a direct
from
obligation of the State
the value of such securities as are hold by them for sale.
of Louisiana.
view, however, Is not concurred in by the United
The law having expired in Jan. 1917. the 1917 Legislatur passed a new authorities, forThis
States
on Oct. 23 1911, the Assistant Attorney
law changing the term "secured debts" to "investments," ethe definition
-General
for
the
Post
Office
Department, rendered an opinion holding that
remaining substantially the same. The tax is now at the rate of 20 centss bonds referred to are an
the
obligation
of
the
State
of
Louisiana
,
per $100 annually, and may be paid for one or more years not exceeding five. ance with this advice
and in accordthe Treasurer of the United States,
The 1917 bill also amends the inheritance tax law to provide a penalty
on
March
11
1912
announced that the bonds would be accepted by
of
5% on any investment owned by a decedent on which the investment tax
his office
as security for postal savings funds.)
has not been paid. See "Chronicle" of May 5 1917. pages 1761 and 1762
[Bonds of the State of Louisiana to be issued for the
refunding of what is
for full text of law as signed by Governor Whitman on June 1917: also known as "Consolidated
Bonds," dueJan. 1 1914,were held to be legal
see "Chronicle" of July 14 1917 (page 126) and Aug. 11 1917 1(Page
in653)• vestments for New York State savings banks in an opinion rendered
Under the State Income Tax Law of 1919 (to which reference is made below)
by the
Attorney-General on October 22 1913. In previous
opinions (July 3
it is provided (Sec. 359) that "investments upon which the tax provided for 1912 and August
11 1909). it was held that, inasmuch as Louisiana
in Sec. 331 of this chapter has heretofore been paid since June 11917. durhad
defaulted
the payment of the "baby bonds," other obligations
ing the period of years for which such tax shall have been paid," shall be State couldinnot
of the
be legally purchased by savings bank trustees. In
exempt from taxation under the Income Tax Law.
reversing
these former rulings the Attorney-Gen
eral
said
that
it
now
appeared
that these "baby" bonds were not bonds for the payment
STATE INCOME TAX LAW.-The 1919 Legislature by Chapter 627 of
of which the credit
the State was pledged, but were issued against
(which received the approval of the Governor on May 14 1919) enacted
certain revenues of the
a State, namely unpaid taxes,and
were payable out of these revenues only.
State Income Tax Law. This was done by amending Chapter 62 of the
the failure to pay the same does not, according to
Laws of 1909, entitled "An Act in relation to taxation, constituting Chap- Therefore
the AttorneyGeneral, constitute such a default as would
ter 60 of the Consolidated Laws," by adding a new article, to be Article 16. improper
make other bonds of the State
investments. See V. 97. p. 1227, 1304, 1367 and
The law was published in full in the "Chronicle" of May 10 1919,
1444.]
pages
[On
June
16
1913
the
Attorney-General held that bonds of the State of
1883 to 1887. It imposes an annual tax upon every resident of the
New Mexico issued pursuant to an Act
of 1% of the amount of net income not exceeding $10,000, 2% of the State vestments
approved June 1 1912 are legal infor New York savings banks. V. 96, p.
of net income in excess of $10,000 but not in excess of 350,000, andamount
1852.]
3%
of
[Bonds
of
the
Territory
of Hawaii were held to be legal investments in an
the amount of net income in excess of $50,000. A like tax is imposed with opinion
by the Attorney-General dated Aug. 10 1914.
respect to the net income from all property owned and from every
V. 99. p. 554.1
trade, profession or occupation carried on in the State of New business,
The
4.
stocks, bonds, interest-bearing obligations or
York by at a discount
revenue notes sold
natural persons not residents of the State. The tax is first to be levied
of
any
city,
county,
town,
village,
in school district
school district, union free
the year 1920 and based upon the taxable income for the calendar year 1919.
or poor district in this State, provided that
they were issued
In the case of a single person, a personal exemption of $1,000 is allowed, pursuant to law and that the faith and credit of the
municipality or district
while in the case of the head of a family or a married person
with that issued them are pledged for their payment.
husband or wife the personal exemption is $2,000. There is a living
5. (a) The stocks or bonds of any
exted city, county, village or
emption of $200 for each person (other than husband or wife) further
town, situated in one of the States ofincorpora
the United States which adjoins the
upon and receiving his chief support from the taxpayer, if such dependent
dependent State of New York. If at any time the Indebtedness
person is under 18 years of age or is incapable of self support because
of any such city, town
or
village,
together
menwith
the
indebtedn
ess
any district or other munici• tally or physically devective. The income tax supersedes the
pal corporation or sub-division, except a of
county, which Is wholly or in
property tax. Of the revenue collected, 50% goes into the State personal part
included within the boundaries or limits of said city, town
Treasury
while the remaining 50% is distributed to the Treasurers of
or village,
the several less its water debt and sinking fund, or the indebtedness
counties who in turn apportion the amount received
of any such county,
among the several less its sinking fund, shall exceed 7% of
the valuation of said city, county,
towns and cities within the county.
town or village for the purposes of taxation,
At the same time the Legislature (Chapter 628 of the Laws of
its
and stocks shall
1919, ap- thereafter, until such indebtedness shall be reduced bonds
proved May 14 1919) passed an Act increasing the tax on net
to 7% of the valuation
incomes of cor- for the purposes of taxation,
porations from 3% to 4 % annually, and extending
the application of the moneys of savings banks. cease to be an authorized investment for the
law so as to make it apply to business corporations In general
in the State in(b) The stocks or bonds of any incorporated city situated In any
stead of merely to manufacturing and mercantile corporatio
other of
was printed in the issue of the "Chronicle" of May 3 1919, ns. The law the States of the United States which was admitted to Statehood prior to
pages
Jan.
11896, and which, since Jan. 11861, has not repudiate
1780
and
1781.
d or defaulted
in the payment of any part of the principal or interest
of any debt authorized
CONDEMNATION OF PRIVATE PROPERTY FOR
PUBLIC USE.
- by the Legislature of any such State to be contracted, provided said city
In Nov. 1911 a proposed constitutional amendmen
relating to the taking has a population, as shown by the Federal Census next preceding said
of private property for public use was defeated. V.t93,
ment
of
not
less than 45.000 inhabitants, and was incorporated investp. 1679. A similar
a city
amendment permitting municipalities to condemn property
in excess of the at least twenty-five years prior to the making of said investmentas
and has
amount actually needed for public parks and streets was ratified
not
since
January
1 1878 defaulted for more than ninety days in the
at the gen- ment
payeral election in Nov. 1913(V. 97. P. 1837).
of any part either of principal or Interest
of any bond, note or other
evidence of indebtedness, or effected any compromi
se of any kind with the
TAX LAW RELATIVE TO INVESTMENTS IN STATE BONDS
holders
thereof.
But
if, after such default
BY
the part of any such State
SAVINGS BANKS, TRUST COMPANIES AND INSURANCE
or city, the debt or security, in the paymenton
of the principal
PANIES.-Section 190 of the Tax Law (Chapter 60, Consolidated COM- which
default occurred, has been fully paid, refunded or or interest of
provides that every corporation, company or association required Laws) by thesuch
compromised
Issue
of new securities, then the date of
by Section 187, 188 or 189 of that Chapter,to pay to the State an annual
first failure to pay prinor interest, when due, upon such debt orthe
security, shall be taken to
a percentage of its gross premiums, capital stock, surplus,tax equal to cipal
be
the
date
of
undivided
such
default
within the provisions of this sub-division,and
profits or undivided earnings for the privilege of exercising
t failures to pay installments of principal or
franchise, or carrying on its business in such corporate or its corporate subsequen
interest upon such
organized ca- debt or security, prior to the refunding or final payment
pacity, which shall own any State bonds, shall have credited to
of the same,
not
be
it
held
annually
to
continue
said default or to fix the time thereof withinshall
to apply upon or In lieu of the payment of such tlx ,an amount equal
the
to 1% meaning of this sub-division, at a date later than the date of said first failure
of the par value of such bonds bearing interest at a rate not exceeding
In
payment.
3%
If
at
any
time
the
indebtedness of any such city, together
annually, and owned and held in the name of such corporation,
with
the
company
indebtedness of any district, or other
or
association. The text of this bill was given in V. 84. p. 1216.
corporation or
subdivision except a county, which is wholly or Inmunicipal
At the 1913 session a law was passed proposing to increase •
part included within the
the credit to bounds or limits of said city, less its water debt
% on all holdings of bonds at not exceeding 3% interest and
and
sinking
funds, shall
exceed 7% of the valuation of said city for purposes of taxation,
a credit of A of 1% on all bonds bearing more than 3% Interest allowing and
its bonds
stocks shall thereafter, and until such indebtedness shall
and not
exceeding 4% interest. This law was repealed, however,
be
reduced to
7%
at
of
the
the
valuation
special
for the purposes of taxation, cease to be an authorize
session which convened June 16 1913.
d
V. 96. p• 1784.
investment for the moneys of savings banks.
(On Feb. 15 1911 an opinion was rendered by the Attorney
SAVINGS BANK INVESTMENTS-POWER AND
-General
deciding
RESTRICTIONS.
that both real and personal
-The general banking law,known as Chap.2 of the Consolida
should be used as a basis in
ted Laws, was determining the 7% debt limit whichproperty
completely revised by the Legislature
the savings bank law says must not
of 1914, but no material change was be exceeded in the case of municipali
made in that part of the law regulating
ties in the bonds oi which the banks
investmen
tsby
savings
banks, ex- may make investments. The question was raised because of the
cept that the section dealing with
fact that
subject is now numbered 239, instead the constitutional provision
in regard to cities of this State provides
of 146. and its provisions apply tothis
sums credited to the guaranty fund no city shall be allowed to become
that
as well as to savings bank deposits. the
indebted
Legislatur
The
e
in
1915
passed an Act its assessed real estate. See V. 92, p. 610.1for more than ten per cent of
authorizing banks to invest in certain
s against the State and in
[On Apr. 27 1914 the Attorney-General, in holding that
contracts entered into by the specialjudgment
banks may leexaminer and appraiser of canal gally invest in bonds of the City of
lands. (V. 100, p. 1525). Another amendmen
is. Minn., ruled that it is
t passed In 1915 adds to proper to include in the estimate of theMinneapol
paragraph A of subdivision 7, of Section
valuation of property for purposes of
239 of the Banking Law, the taxation, pursuant to sub-divisi
words Which we have given in italics.
above,
on
5
the valuation placed upon
The purpose of the amendment was money and credits pursuant to Chap.
to remove any question as to the
285 of the 1911 laws of the State of
of the refunding bonds issued by Minnesota. V. 98. p. 1404.
the New York Central RR,since legality
last consolidation with the Lake Shore
[On Sept. 6 1912 the Attorney-General rendered an opinion, the
& Mich. Southern Ry. and other the
text
amendment to sub-division 8 of roads. In 1916 the Legislature passed an of which was given in the "Chronicle" of Sept. 14 1912, page 700,full
holding
Section 239 relating to promissory notes in that bonds of the city of Tacoma,
which investments may be made.
Wash., are legal investments.]
This amendment also adds to the bank(In an opinion rendered Sept. 14 1912, the Attorneying law a new paragraph (Sub-division
General held that
10) and allows the investment by bonds of the City of Dallas, Tex. are legal
savings banks in the bonds of the land
investments. V. 95, p. 842.)
bank of the State of New York. See
[Improvement bonds of the City of Portland, Ore.,
V. 102, p. 1825. Three important changes
issued pursuant to
were
made
the
in
Section
banking
383A
of
law
the
city
charter are legal investments, according to an opinby the 1918 Legislature. The first of these
amends subdivision 5 by grant- ion of the Attorney-General dated April
ing savings banks much broader authority
5 1913. V.96, p. 1169.]
to invest their funds in the se[On April 20 1916 the Attorney-General
curities of municipalities in contiguou
held that bonds of the city of
s
States.
Formerly
El
the
Paso,
Tex.,
qualificaare legal investments. See V. 102, p. 1643.]
tions and limitations for municipalities in
these States were the same as
[The Attorney-General in 1917 held that bonds of the City of
for those in other States. Now it is
San Franprovided
that
they
may
cisco,
invest
Calif.,
and
of
in
the
City
stocks
the
of Peoria, Ill., are legal investments. See
or bonds of any incorporated city,
countyvillage or town sit- V. 104, p. 877.1
uated in one of the States of the
States which'adjoins the State of
[Bonds of the City of Newark, N. J., were declared legal
New York. Another amendment United
investments for
permits the investment by savings banks savings banks by Attorney-General
in promissory notes secured by savings
on July 11 1917.-V. 105, p.304.]
bank passbooks and by the assignment of one or more first mortgages
6: in bonds and mortgages on unincumbered real property
real estate situated in the State of this
New York. The third amendment ofon
State
to the extent of 60% of the appraised value thereof. situated in
1918 adds a new subdivision (No. 11),
Not more
authorizing savings banks In this State
than 65% of the whole amount of deposits and guaranty
to invest in bankers acceptances loaned
fund shall be so
and bills of exchange to the extent of 5%
invested.
or
If the loan is on unimproved and unproduct
of
their
total
deposits.
ive real
See
V.
property, the amount loaned thereon shall not be more
106, p. 1596, and 1738. The 1919 Legislature
than 40% of its
by Chapter 160 amended
Subdivision 7 of Section 239 of Chapter
value. No investment in any bonds and mortgages
369 of the Laws of 1914 by adding appraised
shall
be
made
a new paragraph, providing that the period
by
any
savings
bank except upon the report of a committee of its trustees
during which a railroad is oper- charged with the
ated by the U. S. Government shall not
duty of investigating the same, who shall certify to
taken into consideration in de- value of the
the
termining whether the bonds of the road be
premises
mortgaged
or to be mortgaged, according
with the provisions of the judgment, and such
their
law. We give Section 239 in full belowcomply
report shall be filed and preserved among theto
as it now stands:
records
of the corporation.
52
NEW YORK—DEBT OF STATE.
[Vol,. 108.
further, that said general mortgage covers all the real property upon which
7. The following bonds of railroad corporations:corporation of this State the mortgage securing said underlying bonds is a lien.
(a) The first mortgage bonds of any railroad
(h) Any railway mortgage bonds which would be a legal ,Investment
this State, or of any
the principal part of whose railroad is located within
(g) of this subdivision except for
connecting with under the provisions of paragraph (e) or
owns In
railroad corporation of this or any other State orofStates
fact that the railroad corporation issuing said bonds actually
the
corrailroad
such
any
the payment of principal and Inand controlled and operated as a part of the system
provided
of
road,
miles
500
than
majority fee less
a
least
at
railroad
connecting
which
of
provided
and
or
by,
State,
this
thereon
of
t
poration
indorsemen
this State, terest of said bonds is guaranteed by
first mortgage is, or
of its capital stock is owned by such a railroad corporation of an
issue to said bonds have been assumed by a corporation whose
the provisions of
or in the mortgage bonds of any such railroad corporation ofrespectivel
refunding mortgage bonds are, a legal Investment under
y;
companies
railroad
such
of
debt
mortgage
. But no one of the bonds so guaranretire all prior
subdivision
this
of
(f)
or
(e)
paragraph
any
of
date
the
mortgage securing
the
case
In
provided that at no time within live years next preceding
Investment
legal
a
be
shall
or
assumed
teed
or such connecting
which, together with all the
such investment such railroad corporation of this State
puno- the same shall authorize a total Issue of bonds
making said guaranty or so asrailroad corporation, respectively, shall have failed regularly and
indebted- outstanding prior debts of the corporation
amount of all previously
authorized
tually to pay the matured principal and interest of all itstomortgage
the
therein
including
bonds,
have paid in divi- suming said
ness, and in addition thereto regularly and punctually an
shall exceed three times the capital
amount at least guaranteed or assumed bond issues,
investment.
said
• dends to its stockholders during each of said five years
making
of
time
the
at
corporation
said
of
stock
further,
stook of which,
equal to 4% upon all its outstanding capital stock; and provided,
(I) The first mortgage bonds of a railroad the entire capital
g capital stock of
that at the date of every such dividend the outstandincompany,
qualify directors, is owned by and which is
to
necessary
shares
except
respecrailroad
a legal investare
bonds
such railroad corporation, or such connecting
refunding
issued
last
whose
railroad
a
by
operated
total mortgage
(a), (e) or (f) of this subdivision,
tively, shall have been equal to at least one-third of the
including all bonds ment under the provisions of paragraph
of said bonds Is guaranteed
Indebtedness of such railroad corporations, respectively,
interest
nd
principal•a
of
payment
the
provided
which
in
bonds,
issued or to be issued under any mortgage securing any n a railroad cor- by endorsement thereon by the company so owning and operating said road,
such investment shall be made. If by means of consolidatio
securing said bonds does not authorize
which prior thereto and further provided the mortgage
mile of road covered thereby.
poration shall own and possess the properties and franchisescapital
of the an issue of more than $20,000 in bonds for eachbe
a legal investment in case
belonged to similar corporations, and if the outstanding be equalstock
shall
guaranteed
so
to at least But no one of the bonds
railroad corporation formed by such consolidation shallrailroad corporation
shall authorize a total issue of bonds
same
the
securing
mortgage
the
,
of the company making
debts
prior
g
one-third of the total mortgage indebtedness of such
outstandin
the
all
with
together
which,
any mortgage securing any
including all bonds issued or to be issued underand
the authorized amount of all previously
if during the five years said guaranty, including therein
three times the capital stock of said
bonds in which such investment shall be made,
exceed
shall
issues,
bond
guaranteed
corporarailroad
ng
rust preceding such consolidation no one of the consolidati
making said investment. Bonds which have been
pay the matured principal company,at the time of
tions shall have failed regularly and punctually toif
s for savings banks under any of the proaddition thereto during or shall become legal investment
and interest of all of its mortgage indebtedness and in
not be rendered illegal as Investments though the
shall
section
this
of
visions
by
cash
in
paid
dividends
the five years next preceding such consolidation, the
has been or shall be conveyed to
secured
are
they
which
upon
exceededfour per property
one or more of such consolidating corporations have equaled or
, and though the railroad corporation which Issued or
combined capital stock of the another corporationhas
d with another railroad
consolidate
be
centum per annum upon an amount equal to thetime
shall
or
been
bond
said
assumed
payment
of each dividend
shall assume the
consolidating corporations as outstanding at the
bp corporation, if the consolidated or purchasing corporation
formed
corporation
railroad
successor
such
period,
interest or divifive-year
regularly
such
pay
to
during
punctually paid, payment of said bonds and shall continue
exchange for or to acquire
in
such consolidation shall be considered as having regularly and
against,
issued
securities
the
upon
both
or
dends
exceeding
or
to
or upon
purchased,
property
such matured principal and interest and such dividends equal
the
or
d
consolidate
company
years, provided fur- the stock of the
four per centum per annum during the same period of five
In exchange or substitution therefor to an
each of such five years securities subsequently issuedper
stock outstanding
capital
the
ther that the amount of dividends paid in cash during
upon
annum
4%
to
equal
least
at
amount
the stock of the consoliwhich has
has'equaled or exceeded four per cent= per annum on
at the time of such consolidation or purchase of said corporation
on.
of the assets of any
dated corporation as outstanding at the time of such consolidati
s: The issued or assumed said bonds. Not more than 25%
than
more
not
and
(b) The mortgage bonds of the following railroad corporation
bonds
railroad
in
or
Invested
be
loaned
shall
bank
RR. Co., savings
in the bonds of any
Chicago & North Western RR. Co., Chicago Burlington & Quincy
ia RR. Co., 10% of the assets of any savings bank shall be invested
of this subdivision, and
Michigan Central RR. Co., Illinois Central RR. Co., Pennsylvan
(a)
paragaph
in
described
corporation
railroad
Co.,
one
RR.
Delaware Lackawanna & Western
Delaware & Hudson
5% of such assets in the bonds of any other railroad aorporado Hartford RR. Co., Boston & Maine RR. Co., not more than
New York New HavenCo.,
the assets of any savings bank under
Co., Morris & Essex RR. tion. In determining the amount,of
Maine Central RR. Co., the Chicago & Alton RR.
of this subdivision Its securities shall be estimated in the
provisions
the
Co.;
RR. & Canal
Co., Central RR. of New Jersey, United New Jersey
per centum of par value surplus by
the
g
lines are leased manner prescribed for determinin
s shall not oe conalso in the mortgage bonds of railroad companies whose
in this para- Section 257 of this article. Street railroad corporation
or operated or controlled by any railroad company specified
meaning of this subdivision.
the
within
s
corporation
railroad
and interest, by the sidered
Government of the
the
graph if said bonds be guaranteed, both as to principalwhich
by
The time during which any railroad is operated
they are operapproved Aug. 29
railroad company to which said lines are leased or by investment
author- United States under the provisions of an Act of Congress
any other Act or
or
ated or controlled. Provided that at the time of making
1918,
21
March
approved
such bonds 1916, an Act of Congress
ized by this paragraph the said railroad corporations issuing
United States, and the earnings made and
the
of
Congress
the
of
Acts
annum
per
4%
than
less
not
of
dividends
consideration in
into
taken
shall have earned and paid regular
be
not
shall
time
&aid
during
paid
years next preceding dividends
corporation comply with
in cash on all their issues of capital stock for the tenany
said railroad cor- determining whether the bonds of the railroad
such Investment, and provided the capital stock of of the
railroad corporation, which, at
Any
section.
this
of
provisions
the
all
of
of
any
value
par
poration shall equal or exceed In amount one-third
the Government of the United
bonds authorized the time that the operation of its railroad byActs
began, had complied with
its bonded indebtedness; and further provided thataall
Act or
moatgage which is a States under the provisions of such this
for one or more years
for investment by this paragraph shall be secured by
subdivision
of
(e)
paragraph
of
provisions
the
railroad
and
the railroad
t operation and
Governmen
first mortgage on either the whole or some part ofthat
such
of
ent
such bonds shall be next preceding the commencem
property of the company issuing such bonds, or
in computing the period of five years
include
to
entitled
be
shall
railroad
control
such
of
debts
mortgage
prior
a portion of
year
each
mortgage bonds of an issue to retire all
(e)
paragraph
said
of
provisions
the
by
bonds
prescribed
secures the
Government of the
company; provided, further, that the mortgage which
to which its railroad shall have been operated by theActs
in determining
authorized by this paragraph is dated, executed and recorded prior
under the provisions of such Act or
States
United
provisions of said paraJanuary 11905.
Paul Railway whether such corporation has complied with the
(0) The mortgage bonds of the Chicago Milwaukee & St.
by said paragraph. Except
so long as they graph (e) each year for five years as required
Co. and the Chicago Rock Island & Pacific Railway Co.,
a reference is made in this subdivision
whenever
provided,
e
their
hereinbefor
on
as
annum
per
dividends
4%
an investment in the bonds
shall continue to earn and pay at least
shall equal or to a period of five years preceding the date of be
deemed exclusive of any
outstanding capital stock, and provided their capital stock
shall
bonded indebted- of any railroad corporation, such periodrailroad
corporation has been operexceed in amount one-third of the par value of alloftheir
such
of
property
the
which
during
time
hereby
companies
said
the provisions of such
under
ness, and further provided that all bonds of either
States
United
the
of
t
Governmen
which Is a drat ated by the
authorized for investment shall be secured by a mortgage
the passage of this amendment
or railroad prop- Act or Acts. Any bonds acquired prior to
provisions of this section
mortgage on either the whole or some part of the railroadcompany,
the
with
comply
which
hereafter
time
any
that
at
or
and
erty actually in the possession of and operated by said all prior debts of as amended may so long as they continue to comply herewith be retained
to retire
such bonds shall be mortgage bonds of an issuethe
mortgage which secures as investments authorized by law.
said railroad company' provided, further, that
Sec. 2. This Act shall take effect immediately.
by this paragraph is dated, executed and recorded
the bonds authorized'
•
the savings bank upon
1905.
1
prior to January
(a) Promissory notes payable to the order ofnecessary,
8.
RR.
&
Gloversville
of the stocks
Johnstown
by the pledge and assignment, if
(d) The first mortgage bonds of the Fonda
of an issue to retire demand, secured
company
one, two, three, four,
railroad
said
isions
of
bonds
sub-div
in
mortgage
enumerated
the
in
them
of
or
any
of
bonds
Co..
or
capita(
the
provided
and
them menof
any
company,
or
bonds
railroad
said
of
railroad
and ten of this section or by the
all prior mortgage debts
loan
in amount one-third five
in sub-division seven Of this section, but no such
stock of said railroad company shall equal or exceed
that tioned and describedper
also
provided
securities
such
and
s,
of
value
indebtednes
market
bonded
its
cash
all
of
the
of
value
centum
of the par
shall exceed ninety
one-half
in
and
depreciate
eight
four
feet
pledge
of
in
gauge
pledged. Should any of the securities so held
such railroad be of standard
Creek Railroad Company so
shall require an iminches and in the mortgage bonds of the Buffalo
value after the making of such loan, the savings bank
ocompany,pr
security
railroad
said
additional
of
debts
or
thereof
mortgage
prior
part
all
a
of
or
retire
loan
of such
of an issue to
by a mort- mediate payment
no time exceed ninety
vided that the bonds authorized by this paragraph are secured
therfore, so that the amount loaned thereon shall at
such loan.
gage dated, executed and recorded prior to Jan. 1 1905.
per centum of the market value of the securities so pledged for
under
d
incorporate
a savings bank
(e) The mortgage bonds of any railroad corporation
(b) Promissory notes made payable to the order of State
than
less
not
fee
In
which has
owns
actually
this
of
which
States
United
association
loan
the
of
and
any
demand by a savings
the laws of
d capital
of sidings, within the United upon
been incorporated for three years or more and has an accumulate
500 miles of standard-gauge railway, exclusive
next preceding the date of
dollars.
thousand
fifty
at
States, provided that at no time within five years
least
regularly
bank
failed
have
savings
shall
the
of
corporation
order
the
railroad
to
such
of any such investment
(c) Promissory notes made payable
and pledge
interest of all its mortgage within
and punctually to pay the matured principal and
90 days from the date thereof secured by the assignment
of
to have paid
State
the
punctually
in
and
situated
regularly
thereto
estate
real
addition
on
in
mortgages
and
first
more
ss
or
Indebtedne
it of one
said five years an amount *at to
is not in excess of
New York, provided that the amount of any such note
In dividends to Its stockholders during each of
g capital stock; and provided, 60%
of improved real estate, or 40%
case
the
in
value
appraised
the
of
least equal to 4% upon all its outstandin
earnings in each year from in the case of unimproved or unproductive real estate, of the property or
further, that during said five years the gross
the gross earnings ot all properties mortgaged; that the amount of any such loan shall not exceed
the operations of said company, including therein
that the
operated by said company, 75%
railroads leased and operated or controlled and
of the principal sum secured by said mortgage or mortgages;
directly or indirectly
with the provisions
received
amount
the
earnings
said
and also including in
value of said properties has been certi:..ed In accordance
mines owned or controlled by it, of
assignment of each of such morttoe
that
section;
this
of
6
n
by said company from the sale of coal from
Sub-divisio
a%cgleSego.]
ylo
tis
7
times the amount necessary to mes
e oafngethperxpre
Mes
r
erow
shall not have been less In amount than fiveupon
ofhailsbeeganp-ec
its entire outstanding inftrgetraf
cilgrielfet
1
pay the interest payable during that year
lines, and further
covered by such mortgage or mortgages, shall
buildings,
the
debtedness, and the rentals for said year of all leased
upon
ance
shall
by this paragraph
complied with. Such loans shall be considered mortgage
provided that all bonds authorized for investment
said investment have been fully
all direct loans by any such
be secured by a mortgage which is at the time of making
loans and the amount thereof, together with not
(1) a first mortgage. savings
exceed 65% of the whole
bonds and mortgages shall
upon
or was at the date of the execution of said mortgage,
bank
company issuing
the
by
fee
in
owned
of any such savings bank.
railway
the
of
fund
75%
guaranty
the
than
less
and
not
deposits
the
upon
amount of
refunda
(2)
or
mortgage
said
of
date
the
at
sidings
of the savings bank
said bonds, exclusive of
(d) Promissory notes made payable to the order
debts of said company
ing mortgage issued to retire all prior lien mortgage
secured by the pledge and assignment
covering at least 75% of the within 90 days from the date thereof,in
outstanding at the time of said Investment anddate
the State of New York as collateral
bank
savings
any
But
of
passbook
mortgage.
the
of
said
of
the
at
90% of the
railway owned in fee by said company
in case the mort- security for the payment thereof. No such loan shall exceed
no one of the bonds so secured shall be a legal investment
bonds which, together balance due the holder of such passbook as showe therein.
gage securing the same shall authorize a total issue ofafter
therededucting
9. Real estate as follows:
with all outstanding prior debts of said company,
or buildings
bonds reserved under the provisions
(a) A plot whereon there is or may be erected a building
from in case of a refunding mortgage the
shall exceed three times suitable for the convenient transaction of the business of the savings ban
of said mortgage to retire prior debts at maturity,
may be derevenue
said
a
use
making
own
of
its
time
for
the
the outstanding capital stock of said company atas a refunding mortgage, from portions of which not'required
rived.
Investment. And no mortgage is to be regarded bonds
previously
debts
of
masecures
it
satisfaction
in
which
It
to
the
conveyed
unless
be
shall
as
paragraph,
(b) Such
under the provisions of this
to refund,nor unless it contracted in the course of its business.
ture at a later date than any bond which It is givenby
judgments, decrees or mortthe prior
of
under
one
any
sales
at
is
covered
purchase
than
greater
it.
shall
as
Such
at
least
(c)
25%
mileage
covers a
gages held by it.
mortgages so to be refunded.
be held liable for investing
The trustees of a savings bank shall not
on Jan. 13 1008,
(*In an opinion rendered by the Attorney-General
last list furnished by the Supernot legal investments in State or municipal bonds named in the fifty-two
of Article two of this
stating that bonds of the Missouri Pacific Ry.Co.were
Section
to
the6 months ending intendent of Banks pursuant
for savings banks, owing to the fact that the dividend for
in such list, which have been
he held that the words chapter, or in any railroad bonds mentioned
bank shall have
savings
such
Dec.31 1907 had been paid with a new issue of stock,
unless
executed,
properly
and
issued
V.86.p.494.1
legally
thereof in cash.
that, in his judgment, such
'an amount" must necessarily mean the payment
legal investment under been notified by the Superintendent oftobanks
(f) Any railway mortgage bonds which would be,aexcept
conform to the provisions of this
ceased
or
have
that
conform
not
fact
do
the
for
bonds
of
subdivision
this
the provisions of paragraph (e)
owns in fee less than 500 section.
the railroad corporation issuing said bonds actually
preceding the date of
10. Bonds of the Land Bank of the State of New York.
miles of road, provided that during five years next from
operations of
kind and maturiany such investment the gross earnings in each year lines the
11. Bankers' acceptances and bills of exchange of the Reserve banks,
leased and opersaid corporation, including the gross earnings of all
ties made eligible by law for rediscount with Federal
ten
than
less
been
have
association or
banking
not
shall
it,
by
ated or controlled and operated
provided the same are accepted by a bank, national
the laws of the State of New York or
million dollars.
fore trust company, incorporated under
the
In
described
place of busiprincipal
corporation
railroad
a
of
its
bonds
having
and
mortgage
(g) The
of the United States
of a railroad owned by under the laws
° of the assets of any
7
going paragraph (e) or (f) or the mortgage bonds
State of New York. Not more than 20,
to the
it by indorsement on said ness in the
held
pursuant
fund
available
the
of
amount
the
less
such corporation, assumed or guaranteed by
be refunded by a general savings bank
in such acceptbonds, provided said bonds are prior to and are to
of Section 251 of this chapter, shall be invested
which are made a legal provisions
of any bank, national bankthe
of
liability
amount
mortgage of said corporation, the bonds secured by(e)
aggregate
The
ances.
or (f); and provided,
investment under the provisions of said paragraph
'JUNE, 1919.]
NEW YORK-CITIES AND TOWNS.
ing association or trust company to any savings bank for acceptan
by such svaings bank and deposits made with it shall not exceed ces held
25% of
the paid-up capital and surplus of such bank, national
banking association
or trust company and not more than 5% of the aggregat
e
amount
credited
to the depositors of any savings bank shall be invested in the
acceptances
of or deposited with a bank, national banking association or trust
company
of which a trustee of such savings bank is a director.
SUPERINTENDENT MUST FURNISH SAVING
S
BANKS
LIST
OF
LEGAL INVESTMENTS.-Section 52 of Article II of the General
Banking Law reads as follows:
On or before the first day of January, 1915, and on or before
day of January in each and every year thereafter, the Superint the first
Banks shall mail to each savings bank in the State a list containing endentof
the names
of States and municipalities, the bonds of which, in his
judgment,if legally
Issued and properly executed, conform to the requirem
of Section 239
of this Chapter,and also as complete a list as is practicabents
le of railroad bonds
which, in his judgment, if legally issued and properly executed
, conform to
the provisions of said Section.
In the preparation of such list he may employ such expert assistanc
e as
he deems proper and apportion the expense thereof among
the savings
banks of the State, or he may rely upon informat
ion contained in publications which he may deem authoritative in
reference to such matters. He
shall be in no way liable for the omission from such list
of the name of any
State or municipality the bonds of which conform to the
provision of said
Section, or of any railroad bond which conforms
to
provisions ofsaid
the
Section, nor for the inclusion in such list of the name of any
or municipality the bonds of which do not conform to the provisionsState
of said Section, or of any railroad bond which does not conform to the provision
s of
said Section.
For list of bonds considered legal investments on Jan. 1 1918. see
"Chronicle" of Feb. 16 1918, pages 728 and 729. Under
date
of June 5 1919 we
were informed by the Banking Department at Albany that the
1919 list of legal
investments had not yet been compiled and printed.
TRUST FUNDS.-How Loaned or Invested.--sec. 21. Chap. 41, Consol.
Laws of 1909, permits executors, administrators, guardians, &c., to
invest
in the same securities as savings banks. We quote the provision below:
INVESTMENT OF .ritusT FUN DS.-A trustee or other person
holding
trust funds for investment may invest the same in the
same kind of securities as those in which savings banks of this State are by
law authorized to
Invest the inon,y deposited therein, and the income
derived therefrom, and
in bonds and mortgages on unincumbered real property
this State worth
in
50% more than the amount loaned thereon.
53
Water Refunding.
Assess. val.
estate___31,178,500
340'00 J-J
$7.500__Feb 1 1920 Assessed val.real
personal
45.600
3'30'01 F-A 21,050- Feb '20-'21 Other
assessed property
7,839
330'02 F-A 11.700 __Feb 1 '20-'22 Tot.asses.va
l.'18(70%act.) 1,231,939
330'03 F-A 12,500-Aug 1 '19-'23 Total tax rate
(per $1,000)'18-316.00
*Street Improvement.
45 '10 J-D $48.884__June 1 '20-'21 Pop'n in 1915,2,062;'18 (est.). 2,250
4s '11 J-D 18.584__June 1 '20-'21 ALFRED.
This village is in Allegany County.
4 Xs'12 M-N 57,348-May 1 '20-'22
4 Xs'13 J-D 77,600r_June 1 '20-'23 Incorporated in 1887.
4 Xs'14 J-D 96.500__June 1 '20-'24 BONDED DEBT (water)
Oct 20 1916
4s'15 J4
5,133.26Jan 1'20-'30
$27,000
Floating debt
Police-Station Bonds.
1,200
as '17 A-0 331,500r__Apr 1 '20-'37 Assess. val, real estate
214,543
Total assess. value 1916
Re-Paving Bonds.
230,728
Tax
rate (per $1.000) 1916___$15.00
4 Xs'17 M-S $70,000r_Nov 1 '19-'32
430'17 M-S 22,400r_Nov 1 '19-'32 Population in 1910
759
430'17 M-S 21,000r_Nov 1 '19-'32 ALLEGANY.
Road-I mpt. Bonds.
This village is in Cattaraugus
430'17 M-S $2,375r_Nov 1 '19-'37 County.
• Principal and interest paid by 5s '17 s-a $21,000
holders of property benefited.
(Due $3.,000 yearly beginning
INTEREST on Washington Park
5 years after date.)
bonds issued from 1870 to 1880, and
Paving Bonds.
on water bonds of 1877 is payable in 53 'A7 Aug 323,000r_Aug 1 '22-'44
New York; on others
rs i Albany.
BOND.DEBT Aug 6'17_ 353,000
CITY PROPERTY.-Assess. val. Floating debt
1,300
of property owned by city June 1 Assessed valuation 1917..
351.423
1918. $12,614,375.
Tax rate (per
$23.60
TOTAL DEBT. SINK. FDS..&c. Population in$1,000)
1915 (Census)__1,327
May 1 '19. June 1 '18.
INT. payable at First National
General bonds $6,799,633 $7,114,791 Bank, Allegany.
Water bonds_ 1,548,350 1,624,700 ALTAMO
NT.
This village is in Albany County.
Total bonds $8,347,983 $8,739,491 Incorpor
ated in 1890.
Sinking funds_ 1,285,403 1,213,51
2 BOND.DEBT Apr 21 '19___356,000
debt (additional)
19,000
Net debt_ --$7,062,580 $7,525,979 Water
Assessed val'n, real estate_ _ _534,500
In addition to the above there
are outstanding street improvement Assessed valuatoin, personal_ 39.900
Ass'd
val'n,
special
franchise
.. 14,925
assessment bonds amounting on Total
ass'd val.'18 (act. val.)
May 1 1919 to $1,294,350.
Village tax rate (per $1,000)589,325
-$5.50
This city owns and operates its Populati
on
in
1918
810
water system, and the principal and
CITIES, COUNTIES AND TOWNS IN THE
interest of the water debt are paid
AMSTERDAM.
STATE OF NEW YORK.
out of water rent receipts.
This
city
is in Montgomery County
ADAMS (VILLAGE).
4s '16 M-N$41,600r..Nov 1 '19-'31
ASSESSED VALUATION.Inc. April 16 1885. Pop'n '15.34,319
This village is in Jefferson Co. 48 '17 A-0 95,950
1919 (eat.), 35,000.
1919-1937
1919.
1918.
Incorporated in 1851.
430'17 M-N120,175
1919-1937
Mohawk River Bridge Bonds.
Water Works Bonds (Tax-flee). 4 Ys'19 M-N 60,000r_May 1 '20-'29 Real estate..-101,622
,350 99,761,700 430'14 A-0 $125.000r__Apr 1 1934
3)0
J-J $11,200r ____1919-1926 4(s'18 J-D 13,000__June 1 '19-'28 Bank stock__ 6,467,88
Water Bonds.
6 6,406,047
430
J-J
___1919-1932 43 s'18 J-D 20,000__June 1 '19-'28 Personal_ _ __ 3,807,400
A-0 $65,000-__Oct 1 1921
4,075,500 5s
Refunding Bonds
ity Hall Bonds.
2,800r-(tax-free).
Franchis
3(s
A-0 75,000-A&O 1 '21-'22
es
__
7,127,44
0
7,125,760
&
J-J
$4,800r ____1919-1943 4s '17 A-013175,300r-Apr 1 '20-'29
Total
J-D 30,000-June 1 1923
118,025,076117,369,007 33s
1,700r
1919 48 '17 A-0 332,500
1919-1937
Property exempt from taxation up 48
A-0
30,000..._Oct 1 1926
J-J 1 8,700r
6s
1920 430'19 M-N150,000r_May 1 '20-'39 to May 1 1919 amounted to
A-0 2$,000____Oct 1 1926
866- 3s
School Bonds.
1,700r
1921
861,590,
J-D 200,000____June 1 1929
which $13,042,500 is 3(s
..s '17 J-J
1,700._ _July 1 1922 3%8'00 M-N $3,000- _.May 2 1920 owned by of
4 Xs
M-S 68,750
the city.
1919-1930
.1 xs'03 F-A
Water Refunding Bonds.
7,000 __Feb 1 '20-'23 Tax (per $1,000) 1918
M-S 69,000____Mar 1 1959
$28.80 334s
4.9018 J-J 88,100_ _ _ _July 1 1923 43js'12 A-0 72.000r-Oct 1 '19-'32
5s '18 J-J 65,000....Part yearly
POPU1A
TION.1915,
107.979'
430'13
Departm
Fire
A-0 75,000r__Oct 1 '19-'33 1910, 100,253; 1905,
ent Bonds.
Sewer Bonds.
98.374.
Ss '18 J-J $10,000
1919-1938 430'14 M-S 5,000r_ Mar 1'20-'24
3s
J-J $103,050__July 1 '19-'36
,
430'14 J-D 110,700r_June 1 '20-'34 ALBANY COUNTY
Road Bonds.
3s
J-J 21,500__July 1 '19-'35
.
& '18
__ $4,000
1919-1920 430'13 A-0 3.000
4s
County
1919-192
J-J
seat
1
46,000 _July 1 '24-'44
is
the
city of Albany.
BOND. DEBT May 12'17-.340,500 430'15 J-D 119,000
4s
J-J
Toll-Bridge Purchase.
1919-1935
18,000_July 1 '31-'34
Assess. val. real estate
845,425 48 '17 A-0 18,000r. Apr 1 '20-'37
4s
J-J
430'14
25.000__July 1 '41-'45
M-N341,
272
1919-192
6 48
Total val.'17(X actual)
Intercepting Sewer Bonds.
892,450
J-J 21,000__July 1 '46-'48
War Loan (Refunding)
Vii. tax rate (per $1,000)'17.-310.80 430'12 A-0$100,000r_-_
_Oct 1 1952 48 '05 M-S $11.900r_Mch 1 '20-'26 334s
J-J 37,000 _July 1 '37-'40
Population in 1915
1.571 430'14 J-D 200,000r-June 1 1954 48
Bridge St. Impt.-Bonds.
___ 41,400__Mar 1 '20-'25
4gs'15 J-J 200,000r___Jan 1 1955 0
__
6.000__Mar 1 '20-'21 43s'14 J-J $25,000..- _July 1 1934
4 s'15 J-D 250.000r___June 1
AKRON.
General City Bonds.
Court-House Bonds.
1955
This village is in Erie County. In- 4s 16 M-N 250.000r_ _May 1 1956 430'13 ___ $100.000
___Apr 15 1935 430'12 A-0 $25,000„Oct 1 '19-'23
Sewer Disposal Botids.
corporated in 1850.
Public Safety Bonds.
4qs'14 M-N300.000r_May 1 '36-'38
48
'17
A-0
$150.000
Water and Lighting Bonds.
r
430'15 M-N300.000r_Mar 1 '39-'41 5s '18 _ 853,000_ _Part yearly
5s '17 A-0 $16,000r-Apr 1 '20-'27 48 '17 A-0 170,000__Apr 1 '20-'36 430'15 M-8 1200.000
- 31.049.000
r_Sep 15'42-43 BOND.DEBT Apr 19'17
BOND. DEBT Apr 1917_ _ _$48,000 4s '17 A-0 190,000
1919-1937
1150.000r_Sept 15 1944 Water debt(included)____ 581,000
Grade Crossing.
Assess. val., real estate_ ___-1,304,355
Sinking fundsIGeneral___
Toll
Road
Purchas
25,557
e
Bonds.
F-A $5,800-_Feb 1 '20-'23 45 '07 M-S $28,000r__Mch 1
Total valuation
1,309,955 330'03
1Water ____
52,045
'20-'27
4 Xs'14 J-D 200,000r__June
Population 1915
Highway Improvement Bonds. Assess. val.,real & franch.17,622,319
1 1954
1,856 4s
'16 M-N 90,000r_Nov 1 '19-'36
330
F-A$126,000r_ _Aug '19-'25 Assess. val. personal pron. 317.950
River Front !mot. Bonds.
Oth.assess.prop.(pension)
4s '07 M-N 56.000r_May 15
$58,300
ALBANY. Elmer D.Gunn,Comptr. 48 '08 J-J $300,000r
_July 1 1928 48 '08 A-0 43,150r_Oct 1 '20'27
'19-'28 Tot.ass'd val.'18(50%act.)17,998,569
Albany Is in Albany County. In- 43js'12 A-0 100,000c..
Total
--__Oct
tax (per $1,000) 1918....-126.07
4s
'09
54
1
1962
43,900r_
_July
1
'19-'30
corporated Jsuly 22 1686.
430'13 A-0 200,000c___Oct 1 1963 48 '11 --- 70,000r_
INT.
payable
at
Nat. Park Bank
_Oct 1 '19-'32
Street !mot. Bonds.
430'14 M-S
-Mar 1'54&'64 4Xs'12 A-0 92,000r__Oct 1 '19-'34 and Bank of Manhattan Co.. N. Y.
4Xs'15 J-D$219.000r_June 1 '20-'25 4 Xs'14 J-D 320.000
24.000__June 1 '20-'34. 4Xs'14 __ I 5.000r Aug
15 '19-'23 AMSTE
4s '16 M-N164,800r_May 1 '20-26 430'15 J-J 60.000r_
RDAM
__Jan
SCHOOL DIST.
1 1955
124.000r___Aug15 1924
48 '16 M-N 36.000r-May 1 '20221 43.(s'15 J-D
___June 1 1955 450'15 J-J
A-0 $58,775__Oct 1 '19-'47
July 15'19-'29 is
430'17 M-8 192,600r_Nov 1 '19-'27 4s '16 M-N 130,000r
60.000r_ .May 1 1950 430'16 ___ 163.200r_
A-0 12,000__Apr 1 '20-'26
1,000__Oct 1 1919 430
4(s'18 J-D 182,000__June 1 '19-'28
Re-Surfacing Bonds.
30.000-_Oct 1 '20-22 430'13 M-N 52.3350r_May 1 '20-'43
4Xs'18 J-D 123,000-June 1 '19-'23 430'13 A-0380.000r_ _Oct
45
38.000__May 1 '20-'34
15,000___Oct 1
43
/
4,8'19 M-N 34,250r_May 1 '20-'24 4 Xs'14 J-D 100,000__June 1 '19-'28
1 '20-'29 430'16 ___ 12,000-___Oct 1 1923
_
85,000_ _June 1 '18-'45
State Street mpt. Bonds.
1924 4 Xs
4 41;13 A-0 15.000
Apr 19 '19 3245,850
20,000_ _Oct 1 '31-'34 BOND. DEBT
430'12 M-N $100,000 ....May 1 1962 4 Xs'15 J-J 78,000r._Jan1919-1933
Assessed val'n 1918-19.:-_14,675,345
Almshouse Bonds.
4 s'13 J-J 300,000---Jan 1 1963 4s '16 M-N 65,000r_Nov 1 '20-'30
School
33s
tax
1
(per $1,000)'18-'19.$10.30
M-N $4,509r_ _May 1 '20-'21
'19-'31
4 s'13 J-D 100,000____June 1 1963
Fire-Alarm Bonds,
Population In 1919 (est.)
Refunding City Hall Bonds.
36,000
43s'15 M-N 49,725r_Nov 1 '19-'35 430'13 A-0 310,000r_Oct
INT. at AmsterdamSavings Bank.
1 '19-'23 330
A-0 $41.500r-Oct 1 '19-'22
High-School Bonds.
4s'16 M-N 25,500r_May 1 '20-'36
Refunding Bonds.
48 '10 J-D $55,000r June 1 '20-'30 4s '17 A-0 12,000r_
ANGOLA.
-Apr 1 '20-'25 430'18 __- $150,000-Feb 15 1923
4s '11 F-A 120,000r_Feb 1 '20-'31
This village is in Erie County. InSouth Pearl Street.
BOND. DEBT Jan 1 '18_$2.282,250 corporat
48 '11 J-D 111,750r_June 1 '20-'31 4Xs'15 M-N$26,
ed 1873.
400r_Nov 1 '19-'30 Assessed val'n, real eat...138,687
,509
4(s'13 J-J 140,000__Jan 1 '20-'33
Judgment Bonds.
Northern Boulevard Bonds.
Assessed
val'n,
personal_
4,380,725 5s '15 Apr $9.000r_4pr 1
4 s'13 J-D 70,000r_June 1 '20-'33 430'15 M-N$24,000r_No
'20-'28
v
1 '19-'30 Special franchise val'n__ 9,806,921
4 s'13 A-0 45,000r__Oct 1 '19-'33
Street Bonds.
Willett Street Bonds.
Bank stock
4 3'14 J-D 26.900_June 1
7,474,726 430'12430'15 M-N310,800r_Nov 1 '19-'30 Total ass'd val'n 1919_
313.000'20-'34
-Apr
8
'20-'32
-160,277,881
Beaver Park.
Water -Bonds.
Refunding Bonds.
County tax
MOW) 1918-.$6.80 430'10
830'01 F A $1,000 __Feb '20-'21 830'04
$46.000c__Dec 1 '19-'39
M-N $25,250 --May 1 '20-'24 Pop'n 1910,(per
173,666; 1915, 183.330 BOND.J-D
4318'14 J-D 37,312__June 11 '20-'34
DEBT May 1918-$72,000
Broadwa
y
Improve
ment.
[NT.
.at
County Treasurer's office. Water debt
Sewer (Beaver Creek).
330'01 A-0 $3,300__Oct 1 '19-'21
(incl.)
48,000
430'15 J-J $28,500_
Total
_Jan 1 '20-'35 4X8'14 J-D 20.000__June 1 '20-'29
assess. val. 1917
841,326
ALBION.
Washington Park.
(Assessment about 2-3 actual)
Watervli Avenue.
This village is in Orleans County. Tax rate (per
58 '78 M-N $40,000_ __May 1 1920 830'01 A-0et $1,365
$1,000)
-Oct 1 '19-'21 Inc. 1828. Pop'n 1915,
1917-311.89
4s '80 M-N 302,000 __May 1
5.988.
Pop'n 1915. 1.194: 1917
Madison
(est.) 1,300
4s '81 M-N 30,000.... __May '20-'30 8 30'01 A-0Avenue.
Water Wks. Purch. Ext.
INTEREST payable at Bank of An$8,400-Oct 1 '19-'21 4.808
4s '82 M-N 52,000__M&N1 11921
.14Aug$138,400
1919-1930 gola or Chase National Bank. N. Y.
Central Ave. Impt. Bonds.
'22
4s '85 F-A 10,000_ __Feb 1 1925 430'13 J-D $20,775
Highway Bonds.
1919-1933 430'14 Aug $6.920_Aug 10 '19-'22 ANTWERP.
2s '94 J-D
3,000- __June
Washington Ave. Bonds.
This village is in Jefferson County.
330'96 M-N 7.000.. __May 11 1934 430'13
4Xs'16 Aug 76,350r_Aug 10'19-'41
A-0 $67,500
1936
1919-193
Incorp. in 1854. Pop. 1915. 1.057.
3 4Xs
Public Park Impt.Bo
_ _ _ 32,000
- nds.
New Scotland Ave. Bonds.
BOND. DEBT Apr 19 '19_836,500
4 Xs'13 J-J 37,700--Jan
Sewer lends.
430'13
1
A-0
'20-'33
167,500
1919-193
4s '16 M-N 8,500r_May 1
4.658.13Aug$144,000c Aug 10 '19-'42 Water debt (included)
9,000
Dela. Ave. & Whitehall Road. 3 BOND.
4s '17 A-0 27,000r__Apr 1 '20-'36 430'13
DEBT June 19 '19 $405,768 Tot. ass'd val.'18(50%act.)_..454.524
A-0 $20,000
1919-192E Assess. val.(70% act.)'18_4,12
Total tax rate(per$1.000)'18-317.00
430'17 M-S 2,375r_Nov 1 '20-'37
4,623
Public
Bath
'19-'37
Bonds.
Store House 'mot. Bonds.
1,000
330'01 F-A $1,000 _Feb 1 '20-'21 Tax rate (per $1,000) 1918_ _822.62 Population in 1918
4s '13 J-J 33,500-_Jan 1 '20'33
ARCADE. Soldiers' & Sailors' Monument. ALEXANDRIA
Riverside Park.
BAY.
This village is in Wyoming County.
48
'11
M-N
$100.000r..May 1 '21-30
330'01 A-0 $9,125-...Oct 1 '19-'21
This
village
is
in
Jefferson
Co.
Inc.
1871. Population 1915. 1,568.
No. Boulevard Sidewalk Bds,
Incorporated in 1878.
3 Xs'04 F-A
425 __Feb 1 '20-'24 4s'14 J-D 31,750__
Real Estate Purchase Bonds.
June 1 '20-'24
Refunding Bonds.
Public Improvement Bonds.
5s '17 Aug $2,000_ _Aug 1 '19-'20
Water.
830'04 F-A $8.600.95rFeb
_s
32800
--Electric Light Bonds.
'20-24 330'04 F-A 311,070r_Feb 1 '20-'24
330'06 F-A 21,700r_Feb 1 1'20-'26
Convention Hall Bonds.
4.40s'083.1-S $14.000r_ _Sept 1 '19-32
is '07 J-D 45,000r_ Dee 1 '19-'27 45$9
4s '09 M-S 111,750r_Mch 1 '20-'29
00_1June 1 '20-'22 4s'13 Jan
6,000r__Jan 1 '20-11
45 '08 A-0 90,000r_Apr 1 '20-'28
4s '10 J-D 120,428r_June 1 '20-'30
Fire
Engine
Bonds.
Highway Bonds.
4s '08 J-J 200.000r.. __July 1 1928
0'11 M-N119.200r_Nov 1 '19-'31 4s
$1,977.50
4 Xs'15 A-0 $11,000r_Oct 1 '19-'23
'06 J-D 40,000r__Deo 1 '19-'26 330-430'12 M-N 54,600r_May 1 '20-'32 is '09
(128250
yrly.
on
June
5s
1)
'15 Sept 21.500r_Sept 1 '19-'34
430'12 A-0 49,910r -1919-1932 4s '10 J-D 200,000r_ _Deo 1 1929
Water Works Bonds.
Water Bonds.
J-D 100,000r_Deo 1 1030 45-__
4348'13 J-J
12.000
_ $14.600_June 1 '20-'32 41.4s'06 Nov $13,000r_ _Nov 1 '19-'32
1919-1933 4s '11 M-N 100,000r_ __Nov 1
1931
Sewer
430'15 .14 145,600r-Jan
Bonds.
3.80s Sept 11.200c ---1919- l933
1'20-'35 is '11 J-D 100,000r_ __Dec 7 1931 48
430'15 J4
$20,800_ _June 1 '20-'32 BOND. DEBT
7,450r_Jan
Mar 1 '19-$80,200
1920 43(5'12 IL-N 100.000_ ...May 1 1932
44s'15 J-J 33,600r__Jan 1 1
Street-1mprovt. Bonds.
Water bonds (incl.)
'20-'35 430'13 J-D 66,280r:June 1 '20-'33
24,200
45
$7,090_
4 8'15 .14
2,100r-Jan 1 '20-'25 430'14
.-Dec 1 '19-'32 Assess. val. real estate
800,165
M-13
75.000r_
Mar
1
'20-'34
4,(s'15 J-D 107,200r_June 1 '20-'35 430'14
tment Bonds.
Assess. val. personal
M-N160,000r_Nov 1 '19-'34 5s Fire-Depar
29,750
430'15 J-D
'17 J-D $4,700..Due part yrly. Assess. val. franchises
745r __Jan 1 1920 430'15 J-D
9,280
4s '16 M-N 39.100r_May 1 '20-'36 430'15 M-N 60,075r_June 1 '20-'25 OEN.BD. DT. May 18'184 $42.477 Total assess. val.(60% act.).839,195
4s '16 M-N133,200r-Nov 1 '19-'36 48 '16 M-N 85,000r..Nov 1 '19-'35 Water debt (additional)___
85.000r_May 1 '20-'36 TOTAL DEBT May 18 '18 18,000 Tax rate (per $1,000) 1917-$12.50
INT. pay. in Arcade at Cit. Bank.
$60,477
54
NEW YORK-CITIES AND TOWNS.
[VOL. 108.
=_-
BIG FLATS.
Sewer System Bonds.
BABYLON, TOWN.
This town is in Chemung County.
ARCADIA.
_s '09 J-J $305,000__July 1 '19-38
This town is in Suffolk County.
BOND. DEBT Apr 21 '19.. $26,645
This town is in Wayne County.
Bonds.
Park
Town Hall Bond.
val. real estate____1,113,196
Assess.
Railroad Aid Bonds.
$31,500- ----1919.1927 434s'17 J-D $50,0001916...$500,000 Assess. val. personal
5,950
4.60s'17
___ $55,000
3s
Oct
Apr 19 1919 $31,500 TOTAL DEBT
'19 (80% act.)_,..1,119,146
val.
Tot.
,045
BOND.DEBT Apr 19 1919 $49,000 BOND.DEBT
eat
'16_11,454
real
val.,
Assessed
3,000 Assessed val'n,real estate_ _6,892,601 Assessed valuation 1917__11,770,036 Total tax (per $1,000) 18_ -„,..$18.25
Sinking fund
6,091,664 Assessed val'n, personal___ 55,500 City tax rate (per $1,000) 1917 $19.05 Pop'n in 1915, 1,495; 1917, 1,600
Ass'd val'n, real estate
113,950 Other assessable property__ 346,586
Assessed val'n, personal
Total assessed val'n 1918
1918
val'n
Total assessed
687
_7,294,687
6,205,614 (about 2-3 actual). ...7,294,
BINGHAMTON.
(about 70% actual)
91-8_ __312.00 BATH.
This city is the county seat of
Tax rate (per $1,000)'18-__12.349+ Tax rate (per $1,000)-1-1915,
This village is in Steuben County.
11,190
9,030;
1910,
Pop'n
8,500
Broome Co. Pop'n 1917 est. 59,901
Population in 1918
Inc. 1816. Pop'n '15, 4,173.
26,500__May 1 '20-23
'18
5s
Bonds.
Light
Electric
Sewer Bonds.
BABYLON, VILLAGE.
J-J $40,000__July 1 '24-'43
ARCADIA UNION FREE SCHOOL
F-A $25,000 __Aug 1 '20-'23
village Is in Suffolk County. 430'15
This
330'08
'19-'23
1
ly
10.000__Ju
J-J
'14
5s
Newark).
DIST. NO.2(P.O.
4s '08 F-A 20,000 __Aug 1 '24-'27
Incorporated in 1894.
Village Hall Bonds.
45 '07 J-D $18,000
7,750_July 15 '19-'20
BOND. DEBT June 1 '19_ $19,000 5s
J-J $18,000__July 1 '19-'27 430'13
4.60s M-S 2,000
4s 16 F-A 135,000c_.Feb 1 '22-'36
Tot.assess.val.'19(50%act) 2,612,575
Bonds.
Paving
22.500
4.858'08J-J
0 430'14 J-J $27,600__July 1 '19-'41 434813
15,000____Nov 1 1919
(per
rate
tax
'16-$11.3
$1,000)
Total
BOND.DEBT Apr 16 '18- $42,500 Population in 1915
3,100 BOND. DEBT May 21 '17 $102,000
Nurses' Home Bonds.
Assess. val, real estate____3,921,536
ASSEVIS. val.'17 (real est.)._1,773.600 310'01 F-A $4,000_ _Aug 1 1936
Tot.asses.val.'16(60% act.).4,214,166
FREE
Nurses Training School Bonds.
Total ass. val.'17 (3-5 act) 1.973,725
School tax (per $1.000) 1916...$10.21 BABYLON UNION
$13.84 5s '18 --_ $4,675___ _Aug 1 1919
SCHOOL DISTRICT NO. 1.
Tax rate '17 (per $1,000)
6,473
Population in 1915
$29,000-Dec 1 '19-'47
INT.at office of Village Treasurer
INTEREST payable at First Nat. 4.358'12 J-D
Hospital Bonds.
TOTAL DEBT May 10'18 354,500 In N.Y.exchange.
330'01 F-A 56,000.. __Aug 1 1936
Bank, Newark,in N. Y. exchange.
Assess. val. '17. real est....2,777,756
F-A 55.000__Aug 1 '24-'27
410'13
$10.20
Tax rate (per $1,000)'16
kug 1 1919
BEACON.
5s '18 F-A 30,000
ARDSLEY.
INT. at Jamaica, Southold and
17,000__Sept 1 '19-'35
This city Is in Dutchess County. No int '14
This village is in Westchester Utica Savings Banks.
22,000__Aug 1 '19-'36
Formed July 1 1913 by consolidation No int '16
County. Incorp. Jan. 14 1696.
15,000__May 1 '20-'34
of the villages of Fishkill Landing 430'17
Municipal Hall Bonds.
(inc. Feb. 26 1872) and Matteawan
$3,000.___Apr 1 1920 BABYLON UNION FREE
Library Site Bonds.
4s
4.
1915, 10,165 330'02
Pop'n
NO.
in
1886).
DIST.
(inc.
SCHOOL
1920
__Sept 1 1938
1
-.July
M-S
$15,000..
$9.000_
J-J
45s'15
This district is in Suffolk County',
Paving Bonds.
Fire Truck Bonds.
Pavement Bonds.
$31,500r_Jan 1 '20-'40 43015 M-S 39,000r_Sept 1 '19-'27
4(s'15 J-J $6.000.-July 1 1920 43009 July
1 1919
__Aug
$5,000__
No int '13
BOND. DEBT Apr 1 19l9..$31,500
Building Bonds.
Refunding Bonds.
18,000__Mar 1 '20-'28
1919-1932 Assess. val. real estate '17...839,565 5s '15 M-S $52,000c_Mar 1 '20-'45 434s'17
___ .1328.000
43.s
Sewer Bonds.
Park Creek Bonds.
1928-1942 (Assessment about 30% actual val.)
1 15,000
$5.12 3345
1919-1930 430
1919-1928
28:5
000
__:.__ $40
_ -- $5,000
BOND. DEBT May 12 '19 $71,000 School tax (per $1,000)
1919-1930
INT. payable at First Nat. Bank of 4s
Assessed val'n, real estate_..1,308,950
Election Bonds.
1919-1934
3.70s ___ 67,000
18,000 Lindenhurst in N. Y. exchange.
Aug 1 1919
Assessed val'n, personal___
534s'18
1919-1936 510'18 ___
3.85s ___ 34,128
52,445
Aug 1 1919
4,000
Special franchises
1919-1932
__- 14.000
430
4,275_ _ Aug 1 1919
Total assessed val'n 1918 1,379,395 BAINBRIDGE.
55 '18 ___
Main Street lmpt. Bonds.
A village in Chenango County.
Tot. tax rate(per $1,000)'18--$14.12
1919-1927
Bridge Bonds.
$747
.
Population. 1910, 537; 1915. 442 Inc. 1829. Population 1915. 1,201. 434s
1919-1940 38 '89 F-A $77.000_ Aug 1 1929
INT. at Dobbs Ferry Bk.. Ardsley BOND. DEBT Mar 1 1915_$34.220 4.155 __- 22.000
75,000-Aug 1 '30-'34
330'97
Water Bonds Ext. & Repair.
5,159
Temporary debt
1919-1920 330'99 F-A 40,000_ Aug 1 1935
000
190
$4:0
429,356 430
Assess, val., real estate
ATTICA.
50,000-Aug 1 1937
F-A
330'01
1919-1937
599.356 430
Total valuation 1914
The village is in Wyoming Co.
1919-1929 330'04 F-A 57,000._ Aug 1 1939
17.500
3.99s
ug 1 '19-'30
Water Bonds.
24,000c..A
-A
F
430'15
1919-1935
22,100
3.85s
Ss '18 M-S $92,800r__Jan 1 '20-'48 BALDWINSVILLE.
1919-1933
3.995 ___ 32,500
Creek-Impt. Bonds.
Lighting Bonds.
This village is in Onondaga County.
1 '19-'27
Bonds.
y
Sept
Deficienc
$22,500c_
M-S
434s'17
5s'18 J-J $11,000r_Jan 1 '20-'30 Inc. 1847. Population 1910, 3,220. 430
___ $1.000
City-Hail Bonds.
TOTAL DEBT May 14 '19 $103,800
Improvement Bonds.
Bonds. 1919
Truck
le
Automobi
1 '28-'29
.Aug
92,800
4s '96 F-A $20,500.
Water debt (addl)
4.80s'19s'a $15,000r_ _Jan 1 '20-'34 4.60s'17 s-a $4,000
1.147,400 430
48 '97-8 F-A 90.000-Aug 1 '19-'27
Assess. val. real estate
2,000_51,000 ea Decl
___
(Due one bond yearly.)
26,900
personal
Assess. val.,
-__ 13,000_$1,000 ea.Jan.I
55
Flood-Emergency Bonds.
Fire-House Bonds.
33,106
Other assessable property
1919-1921 430'15 F-A $10,000c_Aug 1 '19-'20
Refunding Water Bonds.
30
40
.0
6
80
m. ...._
434s
1.207,406 45 '09 M-S $30.000r
1929 4
Total valuation 1919
1919-1921
Valley Street Bonds. PSI
3,000
___
430
actual)
to
1929
(
(Assessment 2-3
M-S 10.000r
$5,500__May 1 '20-'30
430
1919-1926 430'17
Tax rate (per $1,000) 1919_.._$11.90 BOND. DEBT May 1919- $70,000
Bonds.
Fire-Apparatus
School Bonds.
Population in 1915 (Census)___2,013 Water debt (included)._._ 40,000 4.60s'17 s-a $8,500
Aug 1 '20-'26
*50.000...
_
330'96'97
2,100 Sinking fund (water)
1,510
Population in 1919 (est.)
(Due one bond yearly.)
50.000r_Aug 1 '20-'24
INT. is payable at the office of Total assess. val.'18 (aet.).1,531,930 BOND. DEBT July 1917-$488.105 434s'10 J-D
1 '26-'40
Aug
375,000__
A-0
434s'13
Treasurer.
the Village
12,000
Tax rate (per $1.000) 1918-$11.10 Floating debt
F-A 39,839.50Aug 1 '21-'23
INT. remitted to registered holder* Assessed valuation 1917....7,151,339 43'13
434s'14 F-A 125.000__Aug 1 '30-'34
-_$25.12
AUBURN.
Tax rate(per $1.000) 1917
434s'14 J-D i85,000__Dec 1 '19-'35
This city is the county seat of BALLSTON SPA.
6.000___ _Dec 1 1936
INT. at Matteawan Nat. Bank.
Cayuga Co. Inc. March 21 1848.
430'14 A-Of 10,000c_Oct 1 '19-'48
County.
is
in
Saratoga
village
This
Sewer Refunding.
Oct 1 1949
1
2.700c
4,344.
1915,
Population
1807.
Inc.
BEDFORD.
Jan 4 1986
4s '15 J-J $3.200
101,100__Sept 1 '19-'36
4,48'16
Water Bonds.
This town (P. 0. Mount Kisco) is 430
Paving (outstanding Apr. 11918. 330
1919-1947
142,500
1
'19-'21
ov
County.
$3.000c_N
Nov
r
Westcheste
in
located
3210,436
18,58&430
43,4,0,43,
4s '17 -_- 28,500__Feb 1 '20-'37
Nov 2.500c-Nov 1 '19-'21 Incorp. in 1700.
48
1919-1937
Water Bonds.
47,500
430'17 s-a
Nov 18,000c_Nov 1 '19-'30
430
Bonds.
Map
nt
'20-26
Assessme
1
400r_May
M-N$180.
1 '19-'37
48
Dec 6,000c__Dec 1 '19-'28 530'14 July $6,000__July 1 '19-'24 00'17 M-S 95,000-Sept
1 '19-'24
pt
4N,_s'17 J-J 200,000__Jan 1 '25-'36 430
6,000__Se
,
4
Xs'17
Bonds.
Refunding Water
Crossing Bonds.
Subway (outstanding Apr.1 1919.) 330'06
5s 18 r-A 19,302c_ - _Aug 1 1919
1 '19-'28 68Grade
Dec
'19-'21
1
J-D
Aug
$20,000c_
$2,647.53
Aug
'14
$12,643.98
48. 450 & 430
Bonds.
Dike
Bonds.
Ward
Street
First
Highway Bonds.
Sewer (outstanding Apr. 1 1919.) 430'10 F&A 1,000_ __ _Aug 1 1919
4.'06 J'ne $49.600r_June 1 '20-'35 430'14 M-N$70,000__May 1 '24-'36
$192,484.66
48, 430, 5s & 4.10s
Sewer Bonds.
4.908'06J'ne 83.000r_June 1 '24-'35
Grade-Crossing Bonds.
Disposal Plant (Apr. 1 1919.)
1 '20-'32 530'14
__Jan
J-J
$6.500c_
48
Sept $8.098.77Sep15'21-'28 330'04 F-A $50,060.. __Aug 1 1938
4s.430 ___ $34,920
3.70s J-J 150,000r..Jan 1 '30-'39
State Road Bonds.
430'15 M-8 28,000c_Mar 1 '22-'35
School Bonds.
nt
Bonds.
Mar
Departme
Fire
32.000___
Mar
'19-'22
4348
2,350__July 1 '19-'21
A-0 $40,000...Oct 1
48
'18 F-A $5,000__Aug 1 '19-'23 BOND.DEBT Apr 28 '19. $151,346 430'14
4s '09 M-N 120,000r..May 1'20-'31 5s
Fire Department Bonds.
DEBT Apr 19 '19_ $212.000 Assessed vadua-J Real est _ 11.072.312
430'16 M-N 72.000c-Nov 1 '19-'36 BOND.
__Aug 1 1936
$15,000330'01
49,500
.....
382
(included)
debt
Water
___11,328,
1Total
tion
Sidewalk Outstanding Apr. 1 '19.) Assess. val. real estate..._1,895,917
une 1 '22-'25
Tax rate(perutside village.$9.968 4343'14 J-D 60,000__J
-__ $29,502.57
43is
30,000
6.140
personal
val.
nce Bds.
village__
Assess.
Maintena
Inside
Safety
'18
Public
$1.000)
1
1919.)
(ontst.
Apr.
Ext. Expend.
,917 Population 1910, 5,629; 1915, 5,806 55 '18 -_- $4,148____Aug 1 1919
%
act.)1,925
ass'd
val.'18(60
Tot.
430&53- $55005.00
1918....$19.O()
$1,000)
(per
rate
Tax
Bank.
Nat.
Kisco
y.
Mt.
Bonds.
Deficienc
at
INT.
House
Fire
Police
INT at Village Treasurer's office.
$4,255._Mar 6 '20-'42
a-a $50,000_ _20-year serial
4s
45
4,500c.Aug 1 '19-'27
434s'17 F-A
• Playground.
FREE
UNION
'20-'23
27
(TOWN)
r
D
$2.000_Ap
4348
N SPA UNION FREE BEDFOR
BALLSTO
Bonds.
Deficit
10.
NO.
GEN. BD. DT. Apr 1 '19 $836,642
DIST.
SCHOOL
_Aug 1 1919
1.
NO.
$60,000-SCHOOL DIST.
5s '18 F-A
Assessment debt(add'1)__ 331,207
This district is in the towns of Mil- BOND.DEBT May 1 '19-329,000 BOND. DEBT Jan 1 '19_$2,705,126
380,000
Water debt (included)
169.880
on
hand)
(bal.
Co.
fund
Saratoga
Spa,
Sinking
Ballston
and
ton
84,061
Water sinking fund
Assessed valuation 1917...45,000,000
Building Bonds.
BELFAST.
Assess. val. real estate. .20.920,235
,523
)___39,499
value
(estimated
Real
$25,000
County.
3348
243,403
This town is in Allegany
Assess. val. personal
Tax rate (per $1,000) 1916 -$31.50.
___ 26,000
Highway Bonds.
Other assessable property_ 798,300 430
$51,000
'19
16
May
DEBT
$142,BOND.
and
'20-'21
city-hall
on
15
T
eb
INTERES
$2,000__F
Feb
Total assessed val. 1918-19
val. real estate____1.573,700 4.483'16
DEBT May 1913_431,500 000 bridge bonds in N. Y. City; on re21,961,938 Assess. val.
(75% actual)
19.300 BOND.
personal
Assess.
900,730 maining loans at City Treas. office.
Assessed valuation 1916
Tax rate (per $1.000) ----- _$41.45 Special
288,794
franchises
35,000
(per $1,000) 1915-.314.50
rate
Tax
Popula'n 1910, 34,668; 1919,
.val.'19(60% act.)1,881,794 Population in 1915
(f)
1NT. on water bonds at Mere. Tr Tot.assess
$1,000)...$15.50
BLASDELL.
Co., N. Y.,• on school & sewer bonds Total tax rate (per(est.)
4,600
This village is in Erie County.
of 1909 at U.S.Mtg.& Tr.Co..N.Y Population in 1919
FREE
UNION
Incorporated in 1898.
(TOWN)
BELFAST
Water Bonds.
1.
NO.
DIST.
SCZOOL
BARKER.
FREE
UNION
AURORA (T.)
J-D $13,500
This village is in Niagara County. BOND.DEBT May 14'19.426.500 48
SCHOOL DISTRICT NO. 1.
J-J
13.000
30.000 45
ed In 1908.
Water debt (Included)
This district (I'. 0. East Aurora) Incorporat
8,000
F-A
430
700,000
000
estate
28
1919_530,
Apr
real
DEBT
val.)
BOND.
Assess.
is in Erie County.
1,600
F-A
434s
708,000
1,000
'(total
debt July 15 1915-1916
430'16 M-N$125,000r_Nov 1 '20-'44 Floating
00
,215
1919-$15.
act.
Bonds.
$1,000)
val.)__503
(per
.(abt.
.val
Paving
tax
Assess
School
3125,000
'1925
Apr
BOND. DEBT
..May 1 '23-'40
10.00
-N$18,000
(per
rate
$1,000)-$
tax
4.908'18M
Total
Assessed val'n,real estate_ _3,503,370
550 BELMONT.
BOND. DEBT May 1919- $54,100
19,000 Population in 1915
Assessed val'n, personal___
estate
'18-1,265,999
real
val.
Assess.
County.
Allegany
in
,370
is
village
• This
Tot.ass'd val.'18(50% act.)3,522
Tax rate (per $1,000) 1918..__$15.90
Tax rate (per $1.000) 1916.$7.71+ BARTON UN. FR.SCHOOL DIST. Incorporated in 1873.
1,400
in 1917
Population
3,500
Bonds.
Water
Population in 1918
This district is In the town of BarINT. on bonds of 1919 payable at
J-J $23.000....S500 yearly
11NT. at Erie Co. Trust Co.. East ton Tloga County.
334s
Optional the Lackawanna Nat, Bank, Lack'a,
1,500
July
58
Aurora, or in N. Y. exchange.
'20-'32
1
an
430'11 Oct 342.900-J
Bonds.
BOND.DEBT May 13'19_ $42,900 58Paying
M-N 19.000--$1.000 Y'rlY
AVON.
Assess. val. real estate___ _2.609,121
0 BOLIVAR.
This village is in Livingston Co. Assess. val. personal
39,070 BOND. DEBT May 15 '19_343,50
This village is in Allegany Co.
5,300
Inc. 1853. Population 1915, 2,430. Other assess. procrty_ _ 107,287 Floating debt (add'i)
28,400 Incorporated in 1882.
(incl.)
Street-Improvement Bonds.
.'18-'19 91% act.)2,755,478 Water debt
Street Bonds.
385,234
real
valuation,
Assessed
4.353'12A-0 $7,500r__Oct 1 '19-'23 Tot.ass.val
tax rate(per .)'18-'19$14.01 +
$5,570_ _Oct 1 '19-'27
81.050 4.958'17
5,040 ___July1'19-'32 Tot.
4.353'12 J-J
5,100 Assessed val., personal
Population in 1918
BONDED DEBT Jan 10'15_343,000
12,375
property
assess.
Other
Water Bonds.
Y.
N.
&
Co..
Leach
B.
A.
INT.at
579,774
1914
valuation
Assessed
.)..478,659
act
.60%
.'19(abt
.val
43(3'96 J-D $21.800r__Dec 1 '19-'36
Tot
1,031 Tax rate (per $1,000) 1914.-310.70
Population in 1915
4 5.s'08 J-J 33,500 ...July 1'19-'38
1,260
Population in 1915
BATAVLA.
Sewer Bonds.
This city is in Genesee County.
4.40s12 F-A $8,500r.Aug 1 '19-'35
city BETHLEHEM.
LE.
8 000__Oct 1 '19-'34 Inc. 1823. Voted to become
BOONVIL
4.65s15___
County.
Albany
in
is
town
This
June 9 '14. Pop'n 1915, 13.278.
This village is in Oneida County.
RefundingWater Bonds.
Bridge Bonds.
A $76,230_ _1-10th yearly
430'08 J-J $10,000r_ _July 1 '19-38 4.408'17F-Bonds.
1919-1926 Incorporated in 1855.
___ $8.000
5s
Water
BOND. DEBT May 9 '19- $94,033
Water Bonds.
1919-1927
9.000
$121,500 $6,750 YrlY 53
64,933 430
1926
Water debt (included)
1919-1919 334s'96 May $22,000
1,000
_
53
Light eic Sewer Bonds.
Electric-Light Bonds.
Assessed val'n, real estate 1,264,200
Bonds.
_yrly
Sewer
2,000
$36,000_$
1923
46,800 430
$28,800r
M-S
330'03
29
Assessed val'n, personal
-1919-19
_ $22,000
58
Paving Bonds (optional 1914).
. 72,412
z
Paving Bonds.
Other assessable property.
*15....$57.800
1923 BOND.-DEBT Dec 1_5125,000
1930
'12 June $8,000r
4s
Tot.ass'd val.'19(3 act.)_1,383,412 _s '13 ___
3,075,303
1916
valuation
Total
9,000
_
1939
Total tax rate(per ,000)'19-$11.25 _s '14 F-A
5,590 5s '15 July 10,000r
1919-1926 Population 1915
60,000
430'16
INT. In New York exchange.
JUNE, 1919.1
BOONVILLE (Concluded)BOND. DEBT Apr 18 '19..867,000
Water debt (included)
22,000
Assess. val. real estate
715,100
Assess. val. personal
59.500
Other assessable property
5,757
Total assessed val. 1918
780,357
Tax rate (per $1,000) 1918_412.00
Population In 1918 (est.)
1,900
NEW YORK-CITIES AND TOWNS
55
Street Bonds.
J-J 8130,000.,..July 1 1962
Hospital Bonds.
5s'07 M-S $11.820r_Sept 1 '19-'31 4s '12
(Subject to call July 1 1932.)
3 48'04 J-J $15,000r_July '19-'24
5s
500
1919 4s '12 J-D 67,900.......June
1962 48 '11 A-0 200,000r___Apr1 1
5s
--- 23,800
1919-1932 4grel2 A-0 188,800r____Oct 11 1962
1931
448'12 J-D 200,000r___June 1 1932
4.405 -_9,025
1919-1937
(Subject to call Oct 1 1932.)
44s'12 J-D 50,000r.._June 1 1932
4.359 --7,000
1919-1932 4s '12 J-J 130,000____July
1962 448'12 A-0 50,000r___Oct
4.60s -_4,200
1919-1920 444512 J-D 944,740r_ - _Dec 1
1932
1 1962 448'14 A-0 125,000r__ _Apr 1
44s
18,000-_Oct 1 '19-'36
1 1934
Subject to call Dec 1 1932.)
43s'14 A-0 51,000__June 1 '19-'35
414s
--3,300-Aug 1 '19-'21 44(s'13 M-S 55.000r__
May 1
J-D 480.000r_June 1 '20-'35
4.90s
15,030
1919-1927
(Subject to call May 1 1933.)1963 4)4s15
BOONVILLE UNION FREE SCR. 4.403'14J-D
448'17 J-D 332,500_June 15 '19-'37
8.100-June 15 '19-'27 48 '13 F-A 30,000___
_Aug 1 1963 4Y38'19 J-D 600,000. June
DIST. NO. 1.
59
__
3,000_ _Sept 1 '19-'28 434s'16 J-D 22,400r.Dec
2 '20-'39
15 '19-'26
BOND. DEBT Apr 19 '19_531,000 4.90s ___
Refunding Elmwood Ave. Ext.
6.000_ _Apr 1 '20-'25 414s'16 J-D 90.000r_Dec 1.5
'19-'36 4s '14 ___
Assess. val. real estate
$600
4,000____
Oct
1 1919
769,908 5s '17
440'18
J-D
30,000__J
une
1 '19-'28 4Xs'14 M-N' 74,000r___Nov 2
Assess. val. personal
Road-Surfacing Bonds.
48,050
1919
43/
2s'19 J-D 484,000r_June 2 '20-'39
Other assessable property..
Refunding Park Bonds.
6,875 4.903 -_- $7,500
440'19
J-D
197,000r_
June
2
'20-'29
Tot. asses. val.'18(50% act.)824,833 59
4,000
--48 '10 J-D $30,000r_Junel5 '19-'30
Tax rate (per $1.000)'18
3,100
Schools.
$14.00 5s
Refunding Property Bonds.
Population in 1919 (est.)
Refunding Bonds.
33s'99 J-D $10,000r
1,900
Dec 1919 45 '10 J-D 18,000r_J
unel5'19-'20
44s&5s..- $8.000___ _July 1 1935 3As'00 M-N 5,000
May 1920
s
4
Yi
7,420_
_Public
_
_June
34is'00
_
1
Trunk Sewer Bonds-7"
1942
MN
20,000r_
BREWSTER.
Nov 1 '19-'20
.
10,420
1938 310'02 F-A 30,000r_Feb 1 '20-'22 48 '09 J-D $115,000r__Dec 15 1929
This village is in Putnam County. 4.80s _
44s
___ 10,220____June 1 1944 334s'02 J-D 22,500r_June 1 '20-'2'2 43-(s'12 J-D 50,000r_.June 1 1962
Incorporated in 1894.
59440'14
5,500___
M-N
_June
340'02
1
93,983r__
1944
A-0
_Nov 2 1964
15,000r_Apr 1 '20-'22
Water Bonds.
3,900
340'03 M-S 30,000r_Mch 1 '20-'23 4Xs'16 J-D 46,000c___Dec 1965
July 536,000r..$2,000 yrly. 4.85s'17-:__
5s
Refunding Sewer Bonds.
340'04 M-S 37.500r_Mch 1 '20-'24 4 Xs'16 J-D 144,000rJune 15 '19-'66
Highway Bonds.
$1,000___
4U,s'19
444s'16
July
J-D
340'04
15
1949
36,000r_Dec 15'19-'36
A-0 45,000r_Oct 1 '19-24
4.45s Sept 3,000r-$1,000 yrly._ 4Us'19
400____Aug 1 1949 340'06 F-A 300,000r. .Aug
BOND. DEBT May,9 '19_ $39,000 43
1 1926 4Xs'18 J-D 200,000__June 1 '19-'68
1,500____Dec 1 1949 340'07 M-S 100,000r___Sept 1
4A s'19 J-D 265,000__June 2 '20-'69
Water debt (included)____ 36,000 %s'19
1927
Village-Hall
Improvem
340'07 F-A 50,000r....,,Aug
ent.
Assess. val, real estate__ _1,134,400 4.603
South Buffalo Flood Bonds.
1927
_ - 33,000-Oct 1 '19-'21 4s '08 J-D 200,000r___Dec 1
Assess. val. personal
348'96 A-0 $60,000r...Aug 1 1926
1
21,700
Park Iforids.
4s '09 F-A 300,000r___Aug 1 1928
Franchise valuation
340'97 J-J
1929
13,000r_ _ _July 1 1927
33,285 418'17
$65,000__
May 1 '22-34 4s '10 J-D 200,000r_
Tot.asses.val.'18(75%act.).1,189,385 43 s'19
15 1930
Buffalo ec Jamestown RR. Ref.
8,000__June 1 '24-'31 45 '11 A-0 200,000r._ June
Tax rate (per $1,000) '18
A&O 1 1931 340'02 A-0 $11,250r_Apr 1 '20-'22
$7.08 B ND.DEBT Feb 28 1919
$374,480
434s'12
F
-A
Population in 1918
1.400 Ass'd val'n 1919(50% act.) 5,670,636 43 '12 A-0 200,000r_Feb 15 1932 340'02 M-N 15.000r_Nov 1 '19-'22
97.500__Apr 1 '20-'32 444s'12 J-D 105,000r__Dec 1 '19-'32
INT. payable at the Brewster Total
tax rate (per $1,000)'19_320.65 4)4s'12 J-D 200,000r_
National Bank.
__June 1 1932 444s'13 M-N 52,550r_May 1 '20-'33
Population in 1919 (est.)
3,000 4)4s'12 A-0 500,000r___Oct 1 1932
440'14 54) 45,000_June 15'19-24
4Xs 13 M-N300,000r__Nov 15 1933
BRIARCLIFF MANOR.
Turning Basin Bonds.
AVEN UNION FREE
440'13 M-N225,000_Nov 15 '19-'33 4X s'19 J-D$100,0
This village Is In Westchester Co. BROOKH
00r_June 2 '20-'44
SCHOOL
DISTRIC
T
NO.
6.
4).s'14 M-8 1.500,000r__Mar 2 1934
Inc. 1902. Population 1915. 1,221. 440 '14
furning Basin Refunding Bds.
J-J 350,000
4s '14 J-J
6.000_ _July 1 '19-'24 Is '10 J-J
Street Bonds.
$50.000r_July 1 '19-'30
(Part
yearly
on
Jan.
1,
beg.
4
1924)
As'14
J-J
1.350.000r_Nov 2 1934
448'06 F-Ax$26,000r_Aug 1 '19-'27
Ref. City Hall & Court House.
J-J $12,500__$1.000 yearly 4Xs'15 A-0 336,000r_
4.608'06F-A 25,000r_Aug 1 '27-'35 45
DEBT Oct 23 '16- $63,500 440'15 J-D 510,000__Apr 15 '20-'35 340'02 F-A $20,000r_Aug 1 '19-'22
4.608'13J-J
13.000r_July 1 '19-'31 BOND.
Dec 1 '19-'35 340'03 M-N 20,000r_May 1
Assessed
valuation
1915_
_
_
1,661,377
'20-'23
4446'16
J-D 560.000r_J'ne 15 '19-'46
Water Bonds.
Real value (estimated)____2,700,000 45s
11-S 85.000r_Sept 1 '19-'35
J-D 380,000__June 1 '19-'38 340'05
443'08 J-J $57,000c&rJuly 10'19-37
Is '07 J-J
90,000r_July 1 '19-'27
2,500 4A s'19J-D1,800,000_ _June 2
4.10s'09A-0 22,000r_Apr 1 '20-'30 Population in 1915 (est.)
'20-'39 48 '10 J-D 75,000-June 15 '19-'30
448'10 M-S 16.000r_Sept 1 '103'34 BROOKHAVEN
Is '11 M-N 32.500r_Nov 1 '19-'31
Scalaquada Creek Bonds.
UNION FREE
5s '17 M-NI16,500_Nov 17 '21-'36
45(s'16
SCHOOL
J-D
DISTRIC
$43,132r_
T
NO.
24.
June
15
and County Hall Electric
1 500_ _ _ _Nov 1 1937 This district Is In Suffolk County. 13s'19 J-D 150,000r_June 2 '19-26 City
Light Plant Bonds.
'20-'49
Automobile Fire Apparatus.
434s, 4.60s & $20,000 Part yearly
4s
'09
J-J
4.60s'13J-J
118.000r_July 1 '19-'26 5s.
$3,714____July 1 1919
Grade Crossing Bonds.
J&J-J-Dl
1 until 1921
Building Bonds.
Water.
2,000- _Dec 1 '19-'20 340'99 J-J $182.716r___July 1 1919 340'00
4.608'13J-J $19,000r_J1ly 1 '19-'26 4.20e16J-D
340'99
A-0
A-0
$10,000_A
75,455r___Oct 2 1919
pr 25 '19-'20
1,200____ Dec 1 1921
BOND. DEBT Apr 18 '19-$202,500
ec 1 '22-'23 340'99 J-D 335,772r___ Dec 1 1919 340'01 A-0 13,500_-Apr 1 '19-'21
Water debt (included)._.. 111.500 BOND. DEBT10,000__D
Apr 28 19- $33,200 340'00 J-D 45,799r....-June 1 1920 3A s'02 J-D 20,000__June 1 '19-'22
Assessed val., real estate__3,921.675 Assess. val.
340'03
M-S 15,000-Mar 1 '20-'23
'19(4 act.)_ - _4.956.486 340'00 J-J 157,499r_Ju1y 1 1920
Assess. val., personal and
School tax (per $1,000) 1919-$11
3Xs'00 J-J 15,988-- _July 1 1920 340'03 M-S 50,000__Sept 1 '19-'23
.80 340'00
special franchises
232,450 Population 1919
F-A 10,927r__Aug 1 1920 3Xs'05 J-J 56,666.71July 1 '19-'35
7,000
Total assessed value 1918.-4,154,125
INT. payable at Patchogue Bank. 340'01 J-J 23,045r_ ...,Jan 5 1921 3%8'05 M-S 283,333.39Sept 1 '19-'35
Village tax (per $1,000) 1918-- 12.00
3Xs'01 J-J 20.793____Jan 5 1921 4s '16 J-J 40,000 _July 1 '19-'26
Total tax (per $1.000) 1917-- 25.70 BROOME COUNTY.
340'01 J-J
3,062_Jan 5 1921 4s '07 J-D 500,000....June 1 1957
Population 1918 (est.)
1,300
Binghamton is the County Seat.
340'01
J-J
2,798___Jan 5 1921 48 '07 .1.4 90,000__July 1 '19-'27
x INT. in Briarcliff Manor; others
340'01
Hospital
J-J
6,218 -Jan 21 1921 48 '07 M-S 190,000__Sept 2 '19-'37
at Guaranty Trust Co.. N. Y. City. 53 '18 _-- Bonds.
5,070r .Feb 1 1921 4s '08 A-0 500.000 ._Apr 10 1958
$140.000_Nov 1 '19-'33 340'01 F-A
TOTAL DEBT April 1919.. $140,000 340'01 31-S 141,516r___Mch 1 1921 48 08 J-D 28,750-rune 15 '19-'28
BRIGHTON.
Assessed value, real
340'01 A-0 111,544r---Apr 1 1921 45 '08 F-A 50,000__Aug 1 '19-'28
This town is in Monroe County.
Assessed value, personal 64,879,675
34s'02 F-A 482,284r___Feb9 1 1922 48 '08 A-0 39,691_0ct 1 '19-'28
1,017,520 3
Water Bonds.
Assessed value, franchise_ 3,272,461
340'02 A-0 121,411r___Oct 1 1922 4s '08 A-0 500.000___Oct 10 1958
4.70s'158'-A $25,000r__Feb 1 '20-'34 Assessed value, bank stock
340'03 J-J
17,669r. ..Jan 1 1923 4s '08 J-D 50.000,, Dec 1 '19-'28
1,541,300
4.825'15F-A 13,500r_Feb 15 '20-'35 Population in 1915
A-0 25,961r___Apr 1 1923 45 '09 F-A 500,000_.Feb 15 1959
90,641 340'03
4548'14 J-D 15,100r_June 1 '20-'35
340'03 M-N 383,824r___May 1 1923 48 '09 A-0 500,000_ __Apr• 15 1959
Sewer Bonds.
BUFFALO. Chas. M. Heald, Com- 340'03 F-A 124,445r___Aug 1 1923 48 '09 F-A 500,000._ _Aug 1 1959
4.40s '14 J-D $40,000 ----1919-1934
340'03 F-A 80,582r-Aug 15 1923 4s'09 F-A 110,000__Aug 1 '19-'29
missioner of Finance & Accts.
___ 20,000
-s '15
340'04 F-A 83,486r___Aug 1 1924 4s '09 A-0 79,750__Oct 1 '19-'29
Buffalo is In Erie Co., and the
Street-Improvement Bonds.
tax valuation is about six-sevcity's
340'05 M-S 46,642r__Sept 1 1925 4s '09 J-D 27,500_Dec 15 '19-'29
enths
5s '18 J-DS118,000-June 1 '19-'27 that of entire county. Incorp. 1832. 48 '06 F-A 541,608r.._ _Feb 1 1926 48 '10 F-A 500.000.. Feb 15 1960
36,000__June 1 '28-'33
Commission governmen charter 4s '06 J-J 68,511r_ _July 1 1926 48 '10 J-D 60,000_June 15 '19-'30
TOTAL DEBT May 11 '19-$165,000 (Chap. 217, Laws of 1914)t accepted
4s '07 A-0 81.971r___Apr 1 1927 4s '10 J-D 1,500,000_June 15 1960
Water debt (included)
53,000 by voters Nov. 3 1914.
4s '07 J-J 118,922r. _July 1 1927 45 '11 J-J 60,000__Jan 1 '20-'31
Total val.'18(95% act.)_5,669,220
'07 F A5 ___
Abate.Nuisance Ohio
1927 48 '11 J-J 32,500__July 1 '19-'31
Slit)
Total tax rate (per $1,000)'18-37.06 340'02 J-J $20.000r_JulyBasin
r
___Sept 2 1927 4s '11 A-0 400,000__..Oct 211931
1 '19-'22 4s '07 M-S 200,000
Population 1910. 3.998; 1915, 2.974
Abate.Nuis.ClarkecSkinnerCan. 4s '07 A-0 25,643r_ Oct 1 1927 48 '11 M-N 65,000.._Nov 1 '19-'31
INT. at a Rochester banking 33s'04 M-N $30,000r_Nov 1 '19-24 4s '07 M-N 43,913r.....Nov 1 1927 4s '12 A-0 10,000,,..Apr 25 1937
house In N. Y. exchange.
44'08 A-0 16,444r__Apr 1 1928 43.4s'12 J-D 800,000____June 1 1932
Buffalo River Improve.
48 '09 M-N $331,500r_ _ MayBonds.
Is '08 F-A
9,647r
Aug 1 1928 434s'12 J-D 78,708.33_June 1 1937
1
4Xs'14 J-D 300.000r__June 15 1939
4s '08 J-D 60,000r___ Dec 1 1928 4s '12 F-A 66,500._._Aug 1 1937
1944
BRIGHT WATERS.
43.0'15
ts
'09
A-0
A-0
300,000r
135,000r_
_Apr
Apr
15 1929 4Xs'12 A-0 300,000___Oct 111932
15
'20-'45
This village is in Suffolk County. 44is'16 J-D
140,000r_Dec 15'20-'46 4s '09 A-0 40,500r....Oct 1 1929 444s'12 A-0 111.000__Oct 1 1937
Dock Bonds.
440'18
Is
'11
J-D
M-S
150,000__
75,000r_
June
Mch
1 1931 4s '12 M-N 5,000___Nov 1 1937
1
'19-'48
34.500r_Ju
J-J
'17
6s
ly 1 '22-'36 440'19 J-D
225,000__June 2 '20-'49 Is '11 A-0 250,000r__Apr 15 1931 4448'12 J-D 112,500____Dec 1 1937
Paving Bonds.
Utilization Plant Bonds 4s '11 A-0 •2,300-June 1 '20-'21 48 '13 A-0 13,700____Mar 1 1938
6s '17 J-J $21.000r_July 1 '22-'36 4s Refuse
'11 A-0 $17,500__Apr 16'20-'21 48 '12 F-A
7,278__Feb 1 '20-'22 4s '13 A-0 29,500___Apr 1 1938
BOND.DEBT July 1917- 355,500
4348'14 A-0 100,000r-__Apr 1 1934 48 '11 J-J 35.000_ _July 1 1931 4)4s'13 M-N145,200____May 1 1938
Assess. val. real estate &
949.098
4s '13 J-D 100,000__June 20 1933
sc 48 Buffalo New York & Phila. Ref. 4)4s'12 F-A 250,000r_:Feb 15 1932 48
aeteu S.
special
eis
ryaanbclh
l
'13 A-0 23.700____Oct 1 1938
'10 J-D $60,000r.J&D15
4s '13 F-A 30,000-___Feb 1 1923
Mortgage
4s '11 J-J 65,000__July 1 '19-'30
454s'13 M-N200.000r___May 1 1933 440'13 M-N100,000___Nov 15 1933
'19-'31
Trust Co. of New York.
48 '12 J-J 70.000__July 1 '19-'32 4 s'14 A-0 101.816r ___Apr 1 1934 4s '14 5-5 18,000___Jan 1 1939
4s '10 ___ 60.000__Dec 15
4s 14 ___ 114.000_ _July 1 1934 440'14 A-0 275,000 ..Apr 1 1939
'19-'30 4s'15
BROCKPORT.
Underground Police& FireWires
J-J 186,847A-1July
1 '19-'35 4Xs'14 A-0 62,000____Apr 1 1939
This village is in Monroe County. 4s '09 F-A 34,000r
4s'15
J-D 56,100 00Dec 1 '19-'35 440'14 J-D 250,000___June 15 1919
---_Aug
1 1919
Inc. 1829. Population 1918. 3,600. 4s '10 J-J
1,000-___Jan 1 1926 4s '16 A-0 39,080.88Apr 1 '19-'36 4As'14 J-D 400,000___June 15 1964
Water Works Bonds.
44is'12 J-D 20,000__June 1 '19-'20
4s '16 M-N 19,200 00May 1'19-'26 440'14 J-D 84,500__June 15 1939
4.558'12__$253.000r_July 30 '19-'41 448'18 J-D
60,000__J
une 1 '19-'33 4Xs'16 M-N 97,200.00J'e 15 '19-'36 48 '14 5-5 190,000___July 1 1934
Water-Works-Const. Notes.
2,500.,.._Aug 1 1939
Broadway Market Bonds.
4s '16 M-N 4,950.00N 15 '19-'21 4s '14 F-A
4X s'13 Aug $2,000_---Aug 1 1919 44s'15 A-0 $94.400r_Apr 15
'20-'35 440'17 J-D 152,000.00J'e 15 '19-'37 48 '14 M-S 10,000.,,._Sept 1 1939
Sewer Bonds.
Perry &
St. Impt. Bonds. 4s '18 M-S 7,673.49_Sept 3 1919 48 '14 A-0 11,000____Oct 1 1939
3.658 g 8-an ;39,000r-33.000 yrly. 4s '15 J-D West
4s
'14
M-N 5,000____Nov 1 1939
$18,000__June 1 '20-'25 440'18 M-S 20,000.00Sept 3'19-'38
448'15 F-A 30,000- -1920-1944
Hamburg Canal.
5,000____Dec 1 1939
4 A s'19 J-D 200,000r_ June 2 '20-'39 4s '14 J-D
BOND. DEBT May 19-19- $324,000 340'00 A-0 $15,000r_
2,500___Dec 15 1939
Oct 1 '19-'20 4As'19 J-D 25,000r_June 2 '20-'29 4s '14 J-D
Water debt (included)-- 255.000 3Xs'03 J-J 20,000r .Jan
48
'15
J-J
5,000_ _ _ _Jan 1 1940
1
'20-'23
sink
fds. Aug 1 1917-- 20,692 3Xs'05 J-J 52,500 July
Tot.
Grade Crossing Repair Bonds. 48 '15 M-S 13,500_ __ _Mar 1 1940
1
'19-'25 45 '12 J-D $6,400__Dec 1 '19-22 4s '15 A-0 29,500___
Assessed valua-SRea
(per; l est__2,505,774
Hamburg Turnpike !mot.
_Apr 1 1940
tion 1918_- Total ____2,635,986 440'18 J-D $45,000__
A-0 170,000__Oct 1 '19-'35 440'15 A-0 69,382.50_Apr 15 1935
June 1 '19-'28 4)4s'15
Village tax
1,000) 1918-$18.00
41.4s'16 J-D 180,000_Dec 15 '19-'36 440'15 J-D 250,000____June 1 1935
Grade
5:
impt.
Bonds.
INT. at Chase Nat. Bank. N. Y. Is '16 ___ $17,230.9
43s'15 J-D 250,000_ _ _June 1 1965
6May 1 '20-26 4 s'18 J-D 230,000__June 1 '19-'38 4
Xs'15 J-D 63,000___June 1 1940
Voting Machine Bonds.
Grade Crossing Refundin
BROCTON.
4s
'15 F-A 15,000____Aug 2 1940
4148'16 J-D $74.800r June 15 '19-'26 4s '15 --- $7,200__Feb 1 g.
19-'20 4s '15
This village is in Chautauqua Co. 440'18 M-S 38,750--S
M-S 39,000____Sept 1 1940
ept 3 '19-'28
Refundin
Incorporated in 1894.
g
School
Bonds.
440'15 A-0 150,000____Oct 1 1935
Park.
454s'13
M-N$240.
000rNov 15'18-'33 48 '15 A-0 11,000_Oct 1
BOND. DEBT May 1 '19_-$45,000 Ts '71 J-J $100,000_
1940
___July 1 1919
Floating debt (addl)
48 '15 M-N 5,000____Nov 1 1940
Police & Fire Dept. Bonds.
4,500 Ts '72 J-J 100.000.__.July 1
1921
Assess. value, real estate_- 915,250 75 '73 J-J
5,000____Dee 1 1940
95.000oecr_Jan 1 1923 4s '12 A-0 $15,000 ___Apr 1 1932 48 '15 J-D
Assessed val., personal_ _ _ - 49,100 75 '73 J-D 100,000oec
4s
4s
'12
'15
J-J
150,000-J-D
-July
1932
1
57,500_
_
_Dec
1940
Other assessable property__ 40,203 78 '74 J-J 100,000o&r r_Deo 1 1924 4qs'12 A-0 135,000r___Oct 1 1932 48 '16 M-S 13,500 _._Mar15
1 1941
..Jan 1 1924
Total assessed val. 1919_ -_1,004,553 78 '75 J-J
100,000c&r_J&J 1 1925 4%6'15 A-0 80.000r__Apr 15 1935 48 '16 A-0 19,500._ _Apr 1 1941
Total tax rate (Per $1,000)'18 -38.46 66 '76 J-J 100,000c&
48
'16
44e'16
6.000r__J
J-D
J-D
une
1936
15
25.000,...June 1 1941
r_Jan 1 1924
Population in 1915
43s'19 J-D 148,000_ _June 2 '20-'29 4s'16 J-D
1,292 38 '86 J-J 30,000r___July 1 1926
7,500__June 15 1941
343'87 F-A 120,000r_ _ Feb 1 1927 4 s'19 J-D 67,500r_June 2 '20-'39 4Xs'16 J-D 100,000___June 15 1941
BRONXYILLE.
4Xs'16 J-D 150,000___June 15 1936
348'90 J-J 50,000r_ _Jan 1 1925
Ref. Buffalo Trunk Sewer.
This village is in Westchester Co 34s'91 .14
_July 1 1921 34s'89 F-A $5,000r_ _Aug 1 1919 48 '16 J-J 124,829.41_July 1 1941
Inc. 1898. Population 1915, 2.210 3As'94 J-J 200,000r__
50,000r___July 1 1924 348'90 F-A 10.000r_Aug 1 '19-'20 4s '16 F-A 15,000____Aug 1 1941
Sewer Bonds.
48 '16 M-S 39,000____Sept 1 1941
33s'94 J-J 50,000____July 1 1926
Municipal Building Bonds.
4s
J-D $9,000r_Dec 1 '19-'27 340'06 F-A 20,000r_A
48 '16 A-0 11,000____Oct 1 1941
J-J
45
11,000r-Jan 15 '20-'30 Is '08 J-J 20,000r___ug 1 '19-'26 4s '09 F-A $82,500r_Aug 1 '19-'29 4s '16 M-N 5,000____
Nov 1 1941
July
1
1928
'10
4s
J-J
12,000-July
4.40s --4,500
1
'19-'30
1919-1927 45 '10 J-D 27,500-June 15 '20-'30
J-D 150,000___Dec 15 1936
4s '10 A-0 60,000r_Oct 1 '19-'30 4)4s'16
43s
--3,500
1919-1927 45 '11 A-0 212,500r ___Oct
'16 J-D
7,500__Dec 1 1941
1 1961 48 '11 A-0 162,500r_Apr 15 '19-'31 45
45is
,3,000-....Oct 1 '20-'22 (Subject to call
4s
'17
5,000____Jan 1 1942
after Oct 1 1931.)
'12 A-0 3,253.46 Oct 1 '19-'32 48 '17 5-5
4)4s'16 F:A
3.300
M-S 3,500____Mar 1 1942
440'12 F-A $95,000r_Feb 15 1962 4s
440'13 M-N100,000r__Nov 15 1933 48 '17 A-0
Paving Bonds.
4,500 ._Apr 1 1942
(Subject to call Feb. 1 1932.)
44p'15
J-D
10,000r_J
4.90s --- $5,500
une
1
'19-'35
4s '17 A-0 10,000.,_.Apr 25 1942
Is '12 A-0 43,900____Apr 1 1962 48 4115 J-D
44s'17
35.000r_Dec 1 '19-'25 48 '17 J-D 25,000___
16,500__Aug 1 '21 '31
(Subject to call April 1 1932.)
_June 1 1942
qs•16 J-D 270,00ar_Dec 15 19-'36 4s '17 J-D
Public Square Bonds.
43(s'12 J-D 60.000_..June 1 1962 4
7,500___June 15 1942
440'15 A-0 100,300-Apr 15'19-'35 48 '17
4Us'19
$15,000-June 1'24-'38
J-J
(Subject to call June 1 1932.)
20,500___
4 Xs'16 J-D 32,400-June 15 '19-'36 48 '17 F-A 15,000____July 2 1942
_Aug 1 1942
56
-
NEW YORK-CITIES AND TOWNS.
VOL. 108.
BUFFALO (Concluded).-CANANDAIGUA.
CATSKILL UNION FREE SOB. OHEIVIUNG COUNTY.
4s '17 F-A 15,000____Aug 1 1942
This city is in Ontario Co. First
Elmira is the county seat.
DIST. NO.1.
45 '17 M-S 39,000Sept 1 1942 Inc. 1815; as city April 28 1913.
This district is in Greene County. 00'13 F-A $10.000r_Feb 1 '20-'24
45 '17 A-0 11,000_-__Oct 1 1942 Population 1915, 7,501.
Hospital Bonds.
Building Bonds.
4s '17 M-N 5,000____Nov 1 1942
Pier Bonds.
4s '06 M-Nt$12,000c.May 1 '19-'24 48'16 F-A 38,000c_Feb 1 '20-'27
4s '17 J-D
1 1942 48
__- 110,000
RoadBonds.
15,000c.May
I
1
'25-'29
4s '17 J-D
2,500___Dec 15 1942 • City Hall Bonds.
DEBT May 1919 $27,000 43is'08 F-A $8,000c__ _Feb 1 1920
4s '18 J-J
5,000____Jan 1 1943 5s '16 Jan 413,000r_Jan 1 '20-'32 BOND.
43s
Feb 17.675r-_Feb 1 '20-'23
Assess. value real estate__
48 '18 M-S 3,500____Mar 1 1943 Pier bonds 4s
$14,000 Assess, value, personal_- 2,398,750
8,995__Feb 1 '20-'21
47,350 .00'12 Feb
48 '18 A-0 4,500____Apr 1 1943
Street Bonds.
1 '23-'24
48 '18 A-0 10,000___Apr 25 1943 3.658'04 M-S $90,000- Sept 1 '19-'27 Other assessable property.. 136,358 00'14 F-A 12,495c_Feb
9,000c_Feb 1 '20-'22
Tot.assess.val.'18(
act.)_2,582,458
4s '18 J-D
5.000__ _June 1 1943 BOND. DEBT Apr 21 '19_ $113,000 School rate
1,075c--Feb 1 1923
(per $1,000) 18-111.70 430'15 F-A
4Ms'18 J-D 225,000____June 1 1938 Assess. val., real estate____4,609,613 Population
7,000c___Feb 1 1924
in 191&(est.)
5,500
45 '18 J-D
7,500___June 15 1943 Assess. val., personal
298.650
4%8'16 Feb 56.000_ _Feb I '25-'28
4s '18 J-J 20,500____July 1 1943 Other assessable property
249,970
GEN.CO. DT.Apr 21 '19 $141.240
4s '18 F-A 15,000_ -__Aug 1 1943 Total assess. val. '19 (abt.
Assessed val., real estate_42.557.582
00'18 M-S 250,000
_Sept 3 1938
75% act.)
5,158,233 CATSKILL, VILLAGE.
Assessed val., pers'l prop_ 1,189,670
This village is in Greene Co. Inc. Other assessable
4s '18 M-S 39,000..__ Sept 3 1943 Tax rate (per $1,000)'19
$15.22
property.. 2,322,467
48 '18 A-0 11,000____Oct 1 1943 z INT. payable at the County Mch. 14 1806. Pop'n 1915, 5.371. Total
assess. val. 1919
4s '18 M-N 5,000_ -__Nov 1 1943 Nat. Bank, Canandaigua
Water Bonds.
(90% actual)
46,069,719
45 '18 J-D
43is'16 J-J 330.000
5,000_ - __Dec 1 1943
1919-1928 Pop'n 1910. 54,662; 1915. 59.017
4s '18 J-D
2,500___Dec 15 1943 CANANDAIGUA UNION FREE BOND. DEBT May 19 '19 330,000
INT.
at
County Treasurer's office.
4s '19 J-J
Water debt (Included)
5,000__Jan 1 1944
30.000
•SCHOOL DIST. NO. 1.
48 '19 M-S 3,500____Mar 1 1944 48 '05
Assessed valuation, real _2,254,175
J-J $40,000r_Jan 1 1920-29 Assessed
4Ms'19 J-D 150,000r_ __June 2 1939 BOND.
val'n, personal_ __ 129,305 CHERRY VALLEY SCHOOL DISDEBT
Apr
28
'19..
$40,000
4%s'19 J-D 135,000_ __June 2 1939 Assesse.1 val., real estate _4,700,303 Other assessable property__ 42,950
TRICT NO. 1.
Street Cleaning equip. Bonds. Assessed val., personal____ 298,650 Tot. ass'd val.'19 (act.) -2,426,430
This district (P.0. Cherry Valley)
4%s'19 J-D $75,000r_June 2 '20-29 Other assessable
-property.. _ 254,440 Tax rate (per $1,000) 1919-414.00
Is in Otsego County.
Refunding Bonds (Various).
INT.
payable
at
Total
Tanners'
National
assess. val. 1918 (75
BOND. DEBT Apr 19 1919_324,000
48 '11 J-J $111',817r __July 1 '19-31
to 80% act.)
5,253,493 Bank,'Catskill.
Assessed valuation, real est _ _348,951
4s '11 J-J
35,750r_July 1 '19-31 School
tax (per $1,000)'18-$10.65+
Assessed valuation, personal- 31,800
Bird Ave. Sewer Refunding.
Other assessable property__ 28,833
43is'13 M-N$178,500r_May 1'19-'33 INT. at U. B. Mtg. & Tr.Co.. N.Y CAZENOVIA,VILLAGE.
Bird Island Pier Wall.
This village is in Madison County. Total assessed value 191.13_ - _409.584
School tax rate(per$1,000)'18.114.50
00'14 M-N$40,000r___Nov 2 1944 CANASTOTA.
This village is in Madison County. Founded 1793. Incorp. In 1810.
448'15 A-0 44,000r__Oct 1 '19-'40 Incorporated
1835. Pop'n '15,3,849
Refunding Water Bonds.
4 s'16 J-D 69,000r_Dec 15 '19-'41
CHESTER.
45
M-N330,000c___k'art
Water
Bonds.
yearly
Bird island Pier Improvement.
This village is in Orange Co. Inc.
J-J 842.000
1919-1933
Refund. Water & Sewer.
4Ms'18 J-D$100,000__June 1 '19-'43 3.80s
June
23 1892. Pop'n 1915, 1.280.
Paving
Bonds.
$27.000r41.000 yearly
43s
J-D 60,000r_June 2 '20-'44 4Is
Refunding Water Bonds.
J-J $18,000
1919-1936 BOND. DEBT May 1919.. 57,000
Playground Bonds.
'17 J-D $42,000
58
4.30s M-S 20,000
1919-1938 Water debt (Inc')
48 '09 F-A 150,000r___Aug 1 1929 58
30,000
part year year beg. Dec. 1 1918)
'13 M-N 48,000
1919-1942 Assessed valuation, real
1,201,225 (Duo
48 '11 A-0 50,000r___Apr 1 1931 58 '15
impt.
M-N 8.000
1919-1926 Assessed val'n, personal
448'12 J-D 100,000____June 1 1932
59,150 4.(s'13
z
--- 87,000
Village
Hall.
Total
ass'd
val.(act.)'19.._1,260,375
43is'19 J-D 15,000r_June 2 '20-'29 4.90'17M-N $15,000__Nov 1 '19-'33
Village tax
11.000) 1919....$10.40 48 Roads.
Fire-House Bonds.
TOTAL DEBT Apri11919- $151,000 Population(per
J-J 17,9000 --1919-1928
1910, 1,861; 1917, 1.968 BOND.
4s '08 F-A $12,676r __Aug 1 '19-28 Water debt
DEBT May 27'14_164,800
42,000
(included)
Elk St. Market Enlargement.
INT. payable at Cazenovia Nat. Water debt (Included)
Assess. val. real estate '18 1.231,857
48,000
3 As'90 A-0 $30,000r. Apr 1 1920 Tax
Sinking fund
rate (per $1,000) 1918_424.65+ Bank.
2,000
River Channel impt. Bonds.
Assess.
val.
'16
real
&
soez INT. pay. at VIII. Clerk's office.
43s'19 J-D 35,000r_June 2 '20-29
cial franchises(45% act.)1,096,026
CEDARMIRST.
Bridge Bonds.
This village is in Nassau Co. Inc. Vii. tax (per $1,000) 1915 -110.88
4hs'16J-D$162.000r_Dee 15 '19-'36 CANISTEO UNION FREE SCH.
INT. payable in Chester.
DIST. NO. 1.
Sept. 10 1910. Pop'n 1915, 2,657.
Certifs. of indebt.
Street-impt. Bonds.
$621,095.00_July 1 1919 BOND. DEBT May 10'17-.330,500
43s
CLAYTON.
48
___ 355,705.21_July 1 1919 Assessed val., real estate..___674,725 43ig'12 M-S $26,000r_Sept 1 '19-'31
This village is in Jefferson County.
Assessed val., personal
25,300 4.70g'13M-S 26.000r_Mar 1 '19-'32
Bridge Construction Bonds.
102,738 4%g'15 M-8 24.200r_Mar 1 '20-'33 Inc. in 1872. Pop'n 1915, 1,879.
43,48'19 J-D$162,000_Dec 15 '19-'36 Other assessable property
802,763 TOTAL DEBT Apr 29 '18.. $80,000 BOND.DEBT Mar 1 1915_434.284
4%s'19 J-D 40,000__June 2 '20-'44 Total assess. value, 1916_
School tax (per $1,000)'16-315.80+ Assess. val., real estate----1,523,965 Assessed valuation, real
675,042
Monthly Local Works Bonds.
Assessed val., personal..___
17,065
4s
12,700 Assessed val'n, personal
--_ $76,175.04_ .._ _Various
Other assessable property__ 54,350 Total valuation 1914
692.107
4s '19 ___
6,772.80_May 15 '20 CANTON.
A
village
in
St.
Lawrence
Total
County.
val.
assess.
1918
(abt.
INT.-WHERE PAYABLE-Int.
40% actual)____1,591,015
payable at the office of the Commis- Incorp. 18.45. Pop'n 1915, 2,617.
Total tax (per $1,000) 1918_ -415.00 CLIFTON SPRINGS.
Bonds.
sioners of Finance and Accounts in 48Old Water
This village is in Ontario Co. Inc.
J-J
$12,500
INT. at Bank of Long Island, Far Mch.
Buffalo and by Hanover Nat. Bank,
1 1873. Population 1915, 1,664.
($1,500 yearly.)
Rockaway.
New York.
Refunding Bonds.
Sewer Bonds.
TOTAL DEBT,SINK.- FDS.,
$7,000r_June 1 '20-'26
3s
$35,000
April 1 '19. April I '18.
5s '16 J-Di 15,000r_June 1 '27-'36
Gravity-Water-System Bonds.
Tot. bd. dt_138,664,869 $38,688,012 4s '17 J-J $180,000c_July 1 '21-'45 CHAMPLAIN.
20,000r_June 1 '37-'46
This
village
in
Clinton
is
County.
Sink.funds.. 4,737,139 4,509,248 5s '18 ___ $55,000
Electric Light Bonds.
1922-1946 Incorporated in 1873.
July $8.000r.._ _Part yearly
4s
BOND. DEBT May 12 '19 $282,500 BOND.
DEBT
Feb
28
$28,000
'19..
4s
Net debt_$33,927,730 $34,178,764 Assessed valuation, real_ - _1,426,560
July 2,000- _Part yearly
fund (water)
7,703
Water debt (incl. above)_312,614,211 Alksessed val'n, personal_
Village Hall Bonds.
81,800 Sinking
Assess. val. real estate
284,334 4.45
Water sk. fd., incl. above 1,206,098 Special franchise
--- $8,000..___Part yearly
32,560 Assess.
val.
personal
19,100 TOTAL DEBT Apr 28'19-461,000
ASSESSED VALUATION.
Tot. val. '18(74% act.)
1,540.920 Other assessable
property_
4.758 Assess. val., real estate_ _ -1,133,000
1919.
1918.
1917.
Tot.ass'd
val.'18(50%act.).
308,192
Assessed val. personal
R.E.515059605 495176755 478162935 CARLTON.31,050
Tax rate (per
1918.-112.00 Other assess. property
Per _*45020145 *43666205 55658355
9,945
This town (P. 0. Albi?n) is in Population in31,000)
1915
1,279 Total assess. val. 1918(80%
Tot-560079750 525187370 533821290 Orleans County.
actual)
(Assessment nominal real value.)
1,173,995
Bridge
Bonds.
Tax(p.
Total tax (per $1,000)
315.28
58 '19 A-0 330,000____Apr 1 1929 CHARLOTTE.-(See Rochester)
M) 26.88
24.78078 21.67886 BONDED DEBT
/NT. payable at Clifton Springs.
(?)
* Including special franchise valuaCHATHAM.
tion amounting (1918) to 330,010.605
CLINTON.
CARMEL (TOWN) SCHOOL DIS- • This village is in Columbia Co.
(1919) to $27,994,845.
This village is in Oneida County
TRICT UNIT NO. 9.
Incorp. 1870. Population, 2,389.. Incorporated April 12
POPULATION.-In 1919 (est.).
1843.
This district (P. 0. Mahopac) is in
550,000; 1915, 454,630; 1910, 423.- Fulton County.
Street Bonds.
Water-Works-Purchase Bonds.
4.40'13 J-J $72.000--Jan 1 '20-'43 5s '17 Dec $11,000-41,000 Y'lY
715; in 1905. 376.587.
School Bonds.
58 '18 ann $32.500„Jan 1 '20-'33 TOTAL DEBT June 19 '19 $72,000 BOND. DEBT Feb 29 '16-439.150
10,000
CAMBRIDGE.
TOTAL DEBT Apr 28 '18.. $35,000 Assess. val., real, 1917--1,071,800 Floating debt
77,300 TOTAL DEBT Feb 29'16- 49,150
This village is in Washington Co. Assess. value,real estate_ _ _1,800,725 Assess. val. personal
_ 532,087 Water debt (included)
19,000
Inc. 1866. Pop'n 1915, 1,727.
Total tax rate (per $1,000) '18-$8.75 Other assess.
Assessed val., real estate
assess. val.
653,555
1.919(75%
property__Highway Bonds.
Population
425 Total
actual)
1,681.187 Total assessed val'n, 1916_ -686,680
4.958'13J-J $30,000r_July 1 '19-'43
INT. payable at Putnam Co. Total tax rate (per $1,000)__.._$6.84
Total tax rate(per $1,000)'16-310.00
TOTAL DEBT April 1918-$32,000 Nat. Bank, Carmel.
1,264
Assess. val. real, 1917
INT. payable at State Bank;Chat. Population in 1915
636,465
Assess. val. pers'1, 1917
177,300 CARTHAGE.
Other assess. prop., 1917
CLINTON COUNTY.
26,554
This
village
is
In
Jefferson
County.
Total val.'17(75% act.)
Plattsburg is the county seat.
840,319
1869. Population 1915, 3,871. CHAUTAUQUA (TOWN) UNION
Viii. tax rate (per $1,000) '17-112.55 Inc.
's '09 ___ $10,000o_Mch 1 '20-'24
FREE SOB. DIST. NO. 3.
Bonds.
INT. at Cambridge Vol. Nat. Bk. 48 Water
Refunding Bonds.
J-J $50,000o__July 1 1922
Building
Bonds.
%tell J-J $80,000r_Jan 2 '20-'39
434g'07 F-A 80.000o__ _Feb '20-'35 434s '16 ___ $27.000r_Oct
1
'19-'45
Asylum-Building
Bonds.
CAMDEN.
43ig'07 F-A 50,900c_May 1 '20-'38 TOT.BD.DT.May 10'19..156.000
48 '06 Deo $60.000c-Deo 1 1921
This village is in Oneida County.
Paving Bonds.
Tot.assess.val. (real est.)__ 2,205,820
Funding Bonds.
Incorporated in 1834.
5s'17 M-8 $9,000__Sept 1 '19-'27
(Assessment 65% actual)
J-J $16,000r__jan 2 '20-'23
Paving notes
Highway Bonds.
$6.000 Total tax rate (per $1,000)'19..112.50 430'12
BOND. DEBT A•2'15-- $205,000
48
Subway notes
J-4 317.000
4.000
1,100 Assessed val. '14
act.)..9,882.708
BOND.DEBT May 13'19_463,140 BOND. DEBT Oct 1917- $816,347 Population in 1916
INT. Farmers & Mechanics Bank, Pop'n 1910, 48,230; 1915, 47,561
Assess. val., real estate
705,494 Sinking funds
61,253
INT. at City Nat. Bk.. Plattsburgh.
Assess. val., personal
14,900 Assess.val.'16(to!-3act.) 1,555,415 Jamestown, in N. Y. exchange.
Tot.ass.val.'19(abt.50%act.)720,394 Village tax (per $1,000) 1916..418.50
Total tax rate (per $1,000)'19 $13.90
COBLESKILL.
CHEEKTOWAGA.
Population in 1915
2,181 CASTILE. This village is in Scoharie County
This.town is in Erie County.
This village is in Wyoming County
Inc. 1868. Reincorporated under
Sidewdik
Bonds.
CAMILLUS UNION TREE SUB. Incorporated in 1877.
6,000r___July 1 1919 new charter Jan. 1917. Population
58 '14
Bonds.
Light
DIST. NO. 9.
1915, 2,362.
Sewer Bonds.
33.s
___ $4,500
1919-1927
Building Bonds.
Bonds (Dist. No. 1)•
58 '12 Apr •350,968r_Apr 1 '20-'42 58School
Water Bonds.
430
Nov `$5,000r-1919-1923
'13 F-A $62.000c..Feb 1 '20-'52
58
'13
;12,000__Apr
A-0
1
'20-'39
45
___ $24,100
1919-1933
Bonds.
Park
y0,000r _-__1924-1943
116,000-Apr 1 '40-47 4s '07 F-A 16,000o_Feb 1
Street !flint. Bonds.
BOND.DEB Apr 23'19_434,000
'20-'25
43.1s
July $27,360r_July 1 '19-'42 5s'14 A-0 18,000--Apr 1 '25-'42
Assess. val. real estate
Street Bonds.
643,275 BOND.
Deficit Bonds.
DEBT Dec 1916
$61,200
Assessed val., personal
3.95s M-N$32,400____May 1 1936
30,500 Water debt
s'18
49,176.43-1919-1929 TOT.BD.
(included)
27,200
Other assessable property.._ _387,790
DT.
May 1919_ $100,400
T. DEBT May 7 1913- $64,400 Assessed valuation
520,309
Total assessed value 1918_1,061,065 Assessed value, real estate
1919- -1,656,256
140,300 Assessed valuation 1916-8,601,224 Total tax (per 11,000) 1918-420.00
School tax (per $1,000)'16311.42+ Assessed value, personal..
rate (per $1,000) '12_37.114
INT. payable at the Mechanics Other assessable property__ _ 3.900 Tax
INT.
at
Village
Treasurer's
office.
Population
Total
1910.
assess.
7,650;
1915,
9,405.
val.
1916
664,509
Say. Bank, Fishkill-on-Hudson.
Tax rate (per 11,000) 1916.......$9.25
Population in 1915
COHOCTON.
962
CHEEKTOWAGA UNION FREE
CANAJORARIE.
This town is In Steuben County.
This village is in Montgomery Co. CASTLETON.
SOB. DIST. NO. 7.
BOND. DEBT May 1913- $28,000
Inc. 1829. Population 1915. 2,474.
This district is in Erie County. Assessed val. real 1916-,-1.714,020
This village is in Rensselaer Co.
Sewer Bonds.
P. 0. Depew.
Incorp. 1827. Pop'n 1915, 1,583.
Tax rate (per $1,000) 1910...$8.07
315-16s...... 313,950
1919-1927
Building Bonds.
Highway Bonds.
Population in 1915
3,103
Water-Works Bonds.
s'06 J-J $12,000r June 30'19-'22
4
58
$9,000r-Apr
-- 1 '20-'37
4.558'10Aug$110,000o or rAugl'19-40 ,Water Works
Purchase Bonds. 4 s'14 J-J 22,500c_Jan 8 '20-'34 COHOES.
4.30s ___ 42,000
1919-1939 4.908'13A-0 $48.000r_Oct 1 '19-'42 BOND. DEBT May 10 '19 $34,500
This city is In Albany County.
Street Bonds.
TOTAL DEBT Apr 16 '17.. $60,000 Sinking fund
3,000 Inc. 1870. Pop'n 1915,
23.433.
5s4.62 '11___ $3,000
1919-1921 Water sinking fund
3,000 Total assess. val. (real)
Soldiers' Monument Bonds.
58
250
1919 Assessed valuation 1915...._ 537.000
1918-19
4,414,636 43s'10
$1,700_ __Nov 1 1919
BOND. DEBT May 16 '164198,300 Real value (est.)
actual.)
(60%
1,250.000
Cohoes-Lansingliurg Bridge
Assessed valuation 1016_ 1.214 567
Sch.tax rate(per $1,000)'18 39.17+
INT. payable at
Purchase.
Village tax (per $1,000) 1916-$21.00 Bank, Castleton. Nat'l Exchange
INT. payable in N. Y. City.
4%s'14
$1,000___Dec 1 1919
JuNE, 1919.]
COHOES (Concluded)Public Improvement Bonds.
4s '04 J-J $3.000-May 10 '20-'22
34s'00 J-J 55,344.71r Jan 126-'31
3348'01 J-J 30.916.01r Jan 1 '23-25
3.390_June 10 '19-'21
33.s'03 J-J
3%13'02 J-J 40,825.51r Jan 1 '20-22
4s '05 M-N 11,211.28May10'20223
4,095rAug 20 '19-23
4s '05 J-J
1,000Aug 1 1919
4s '14 --_
16.000Apr 1 '20-27
4Hs'16 J-J
6,650_Apr 1 '20-'26
00'16 J-J
431s'17 J-J 22,000Feb 1 '20-'30
5s '18 F-A 46,947.03Aug 1519-33
7,083.42 May!'20-26
5s '19 J-J
Grading Bonds.
$2,426.67r_Jan 1 1937
3 Hs'00 J-J
School Bonds.
330'01 J-J $40,000r___ Jan 1 1926
4gs'17 M-N135,000r_May 1 '20-'37
Fire Department Bonds.
3 s'02 J-J $20,000r__Jan 1 '21-'25
6,000r Aug 15 1928
4 9'10 J-J
16,000r_July 1 '19-'34
4 s'14 J-J
8.000__July 1 '19-'26
43'17 J-J
Sewer Construction Bonds.
338'99 J-J $15.680.54r Jan!'29-'31
33{s'99 J-J 40,245.88r Jan!'32-'39
City-Hail Bonds.
Dec 850,000r_ Deo 15'19-'28
4s
Deficiency Bonds.
4Hs'16 J-J 842,500r_Jan 1 '20-36
Water Bonds.
4s '85 J-J 375,000r__ _July 1 1920
(Subject to call July 1 1905.)
14,000r_ _ _July 1 1923
4s '88 J-J
( 3,500r_ _ _Nov 1 1919
48 '09 J-J 320,000r_Nov 1 '21-'22
140,000r_Nov 1 '24-'27
40'10 J4 120,000r_Aug 1 '19&'22
120,000r_Aug 1 '24-'25
___ 45.000
5s
5s '18 ___ 45,000
Water Refunding Bonds.
58 '18 J-D1$48,000__Jan 15 '20-'43
15,000__Jan 15 '44-'48
Ontario t. Bridge Bonds.
00'17 J-D $27.000r_Dec 15 '19-'36
BOND.DEBT June 19'18 3829,416
Sinking fund June 19 1918-- 254.484
12,539,288
Assess. val. 1919
Total tax (per $1.000) 1919-422.26
at Man4s
water
INT. on $65,000
ufacturers' Bk., Cohoes; on $7,210 64
Imo. bonds of 1902, imp. bonds of
1903, 1904 & 1905, fire dept. bonds
of 1914 and water 48 of 1909 at U. S.
Mtg.& Tr. Co., N. Y.; on all others
at Central Tr. Co., N.Y.
NEW YORK-CITIES AND TOWNS
$22,000
Water debt (included)
915,305
Assessed val.. real estate..
Assessed valuation, personal_ 21,100
Assess. val., spec. franchise_ 5,940
942,345
Total assessed val'n 1916
Tax rate (per $1,000) 1916___819.80
2,415
Population in 1915
CORNING, CITY.
This city, situated In the town of
the same name, is in Steuben County
Incorporated March 20 1890.
City Bridge Bonds.
J-J $15,000--July 1 '47-'88
48
Water Bonds.
4s
J-J $10,000.-..July! 1946
4s '07 A-0 20,000. Apr 1 '20-'21
4s '07 A-0 65,000c..410,000 Y'137
11,600__Jan 1 '20-'48
5s '18 J-J
4.General Fund Bonds.
J-J $25,000--July 1 '43-'45
River Bonds.
48
J-J $150.090_July 1 '26to'40
City Sewer Bonds.
48
J-J $40.000_ _July 1 '49-'52
BOND.DEBT April 28 '19 $346,600
13,811
Assessment debt (add'il___
Assess. val., real estate___ _9,658,150
211,900
Assess. val., personal
827,406
Other assessable property
Total assess. val. (85%
10,697,456
actual) 1918
Total tax rate (per $1,000)_ _812.07 -IPopulation city (est.) 1919- _ - _15,000
INTEREST payable at Columbia
Tr. Co.. N. Y.
CORNING SCHOOL DIST. NO. 9.
48 '95 Mch $22,500r ___.1919-1931
48 '09 Mch 30,000o - - _1932-1946
BOND. DEBT Apr 19 '19.. $52,500
Total assess. val. 1919 (abt.
6,855,286
85% actual)
School tax (per $1,000) 1918-48.00
Population in 1919 (est.)----11.000
INTEREST on bonds of 1895 payable in Cortland and on bonds of
1909 in New York.
CORNING UNION FREE SOH.
DIST. NO.•13.
48
M-S $6,0000_Sept 1 '19-'24
55 '08 M-S 53,500o_Sept 1 '19-'50
BOND. DEBT May 8 1918 $62,500
Assess. val..real estate_ _ _ _2,503,875
Assess. val. personal prop
14,300
Other assessable propert7_ _ 145.087
act.)
Tot.asses.val.(80%
17.2,663.262
SPRING.
COLD
This village is In Putnam County. School tax (per 31.000) 1917-$11.67
Population (est.) 1917
6,500
Incorporated in 1846.
INT. on $7,000 bonds payable in
Dock Bonds.
1923-1948 N. Y. City; on $54,900 at First Nat.
Es '18 M-N $7,800
Bank of New York.
Sewer Bonds.
-.- $85,500c
3s
BOND.DEBT Apr 1 '17.._ $85,500
919,390 CORNWALL-ON-HUDSON
Assess. val. real
A village in Orange County. Inc.
87,550
Assess. val. personal
10,185 1884. Population 1915, 2.240.
Other assessable property_
Reservoir Construction Bonds.
Tot.assess.val.'16 '75%act.)1,017,125
89.00 430'12 F-A $24,000r_Feb 1 '20-'31
Tax rate (per $1,000) 1916
Refunding Water Bonds.
Ponulation 1915. 935; 1917. 1.334
Ss '15 F-A $50,000____Aug 2 1930
INT. payable in N. Y. City.
Fire Department Equipment.
5s '15 J-J $3,000_July 1 '19-'21
3OLUMBIA COUNTY.
Sidewalk Construction Bonds.
5s '11 ___ $7,000__July 1 '19-25
County scat is Hudson.
Fire House Bonds.
Highway Bonds.
4 s'12 J-D 856.000r_June 1 '25-'30 58 '02 __ $1,125_Sept 1 '19-'21
4 s'16 M-S 113,000__Mar 1 '20-'31 BOND. DEBT May 1918- 389,500
Assess. val. 1916. real and
ourt-House Bonds.
spec.franch's(46% act.)..3,014,_269
3Hs 02 M-S 855,000r_Mar 1 '20-'24
4)4s'09 J-J 60,000r_ _Jan 1 '20-'25 Tax rate (per 81.000) 1915----$13.40
INT. payable at VII. Treas. offloe.
4lis'08 J-J 20,000c-July 1 1919
Refunding Bonds.
430'12 J-D $56.000r_June 1 '25-'30
BOND. DEBT May 1919 $360,000 CORTLAND.
This city is in Cortland Co. Inc.
27.084,290
Assess. val., real
556.618 Mar. 1 1900. Pop'n 1915. 12,367.
Assess. val., pers'l
1936
'16 A-0$109,400
45
Other assessable property.. 470,424
Fire Station Bonds.
Total assess. val. 1918_28,111,332
Popula'n 1910. 43.658; 1915, 44,111 4318'15 J-J $52,000__June 30 1935
Sewer Bonds.
INT. coupons at office of Treas.
registered bonds In N. Y. exchange. 48 '09 A-0 $13,500......Apr 1 1929
430'15 J-J $16,000___June 30 1935
Paving Bonds.
CONCORD UN. FREE SCHOOL
,f-J 335,514.16-July 1 1021
• DIST. NO. t.
4s
211.27.July 1 1919
July
This district (P. 0. Springville) Is 4s
In Erie Co. Pop'n 1914 (est.). 2,800. 4s '07 J-J 42,000 -- -1919-1926
43008 Jan 864,000......Jan 1 '20-'58 4s '09 A-0 5,200.__..Apr 1 1920
BOND. DEBT April 1919- $64,000 4s '09 A-0 10,500___ _Apr 1 1922
Assessed valuation, real.--1.730,603 4s '09 July 2,000..._July 1 1920
7,609.41 June 30 1935
Assessed val'n, personal__
11,750 00'15 J-J
Ass'd val'n (75% act.)- - -1,742,353
Water-Works Purchase Bonds.
School tax (per $1,000)
19.97 4s '10 J-J 8258,000_1930 & 1940
Refunding Bonds.
/NTEREST payable direct to
holders of bonds.
1925
4s '05 A-0 $60,900
Paving and School Bonds.
0013 J-J $90,000__July 1 '20-'33
COOPERSTOWN.
Deficiency Bonds.
This village is in Otsego County. 4Xs'17
M-N 372.000_ _May 1 '20-'37
Village Hall.
School Bonds.
Apr
$4,500c
4s
J-D $19,500.....Dec 1 1924
'04
4s
Sewer Bonds.
4s '09 A-0 23,000__Apr 1 '27-'28
M-8 $22,000r
5.9
BOND. DEBT Apr 19 '19- 8705,901
Paving Bonds.
5,113
Assessment debt add'il___
Apr 832,000r
53
debt(inclu ed)
246,000
GEN.BD. DT. May 1 '19 385,500 Water
Assessed valuation, real..48,885.688
Assessment debt (add'i)-8,500 A.sse.ssed val'n, personal.. 402,550
Assessed val., real
3.718,800 Assess. val.,special franch's 211,919
Assessed val.. personal._
169,900 Tot.as.sess.val.(75%act.)'19 9,500,157
Other assessable property..
39,007 Total tax (per $1,1000) 1919_4127.00
Tot. as.so.ss. val. 1918 (act.) 3,927,707 Population
1919 (approx.)_ _ _14.000
Tax rate (per $1,000) 1918---35.72
INT. payable In N. Y. exchange.
Population (est.) 1918
2.650
CORTLAND COUNTY.
Cortland is the county seat.
County organized April 8 1808.
Highway Bonds.
430'16 A-0 $52,000c_Apr 1 '20-'32
BONDED DEBT Feb 1 '16464,000
31,800
Floating debt
Assess. val. real estate and
17,166,920
special franchises
270,375
Assess. val., personal
Total as.sess. value 1915_ -17.437,295
Est. value real est. and
spec. franchises 1915_ -19,070,824
65,000
Value of county property..
CORINTFI.
This village is in Saratoga County. Tax rate (per $1,000) 1915____$7.42
30,000
'16
(est.),
30,074:
'15,
Popula.
85
ND. od in
/4 orpor
DEBT Cigt 23'16.--$77.000
INT.payable in New York City.
COOPERSTOWN UNION FREE
SCHOOL DIST. NO. 1.
This district is No. 1 of the Town
of Otsego, Otsego County.
4s '06 J-D $28,000c-Dec 1 '19-'25
BOND. DEBT Apr 28 '19- 828,000
Assessed valuation, real_ _ -2.24b.524
Assessed val'n, personal_ __ 225,700
Total assessed val'n 1918-.2,471,244
School tax rate (per $1.000)'18-88.00
Population 1918
2,700
CORTLANDT.
This town (P. 0. Peekskill) is in
Westchester County.
Highway Bonds.
J4 $14,208.73 __1921-1934
4,gs
2.000
F-A
1919-1920
43s
Assessment Map Bonds.
F-A $4,000
1919-1922
53
Voting Machine Bonds.
M-N $6.000
1920-1925
5s
BOND.DEBT May 18'19 $29.808
4.003
Floating debt
19,162,109
Assess. val., real estate
63,550
Assessed val., personal
Assess. val. spec. franchises 782,960
20.008,619
Total assess. val. 1918
22,790
Population in 1915
57
of the town at the time the bonds below were issued, that city is jointly responsible for the payment of same.
Refunding Railroad Bonds.
F-A $83,700c&r_Feb '20-'29
3Hs
BOND.DEBT Apr 22 1919 888,000
Assess. val- 1916 real estate
and special franchise
930,228
(45% actual)
Tax rate (per MOM) 1918_821.30
Population 1910. 1,696; 1915, 1,753
INT. at Nat. Bank of Port Jervis
DEER PARK UNION FREE 5. D.
NO. 1. Pop'n '13 (est.) 10.500.
00'11 A-0 $42.000-Apr 1 '20-'40
4.Hs'10 A-0 24,640.._Oct 1 '19-'40
TOTAL DEBT Apr 19 1919 $73,000
Assessed val'n, real estate_3,897.430
Assessed val'n, perional...... 35,650
Other assessable property.._ 291,107
Tot.ass'd val.'18(50% act.)4,224,187
School tax (per $1,000) 1918-415.90
11,000
Population in 1918 (est.)
INT. payable at First Nat. Bank of
Port Jervis in N. Y. exchange.
CORTLANDT UNION FREE SCR.
DIST. NO, 7.
This district is in Westchester Co.
4.10s J-J 876,000r_lJan 1 '20261
3.95s J-J 50,000r-1
1926-1930
9,000
J-J
3s
6.000r-Dec 1 '19-'30
.00'35 J-D
TOTAL DEBT May 12'19 $141.000
4.500
Sinking fund
4,610,948
Assess. val. 1918
$12.62 DELHI.
School tax (per $1,000)
This village is in Delaware County.
8.500
Population in 1919 (eat)
Incorporated in 1821.
INT. at Peekskill Saw. Bank,
Highway Bonds.
53 '16 M-S 814,000__Sept 1 '19-'25
CORTLANDT UNION FREE SCR. 45 Water Bonds.
1927
M-N812.000r
DIST. NO.8.
1922
48
M-N81.0.000r
This district is In Westchester Co. TOT.BD.DT.Marl '19_ $36,000
4.353'07 s-a $24,000r_Jan 1 '20-'31 Water debt (included)
22,000
4.35s'07 .T-D 8,000r_Oct 1 '33-'37 Sinking fund f General •
26,979
4,000r ___ _1919-1923
30'02 J-J
1,777
'Water
4.455 J-J
7,000r---Part yearly Assessed val'n, real estate_ _1,347,800
4 Hs'12 J4 70,000r__Jan 1 '27-'49 Assessed val'n, personal... 92,450
5.000r --- _1923-1934 Assessed val'n, franchises
4.95s'13J-J
8,470
BOND. DEBT May 1919_ 8122,000 Total ass'd val. (act. val.)_1,448,720
Assess. val.'18(60% act.)-3,796,426 Tax rate (per $1.000) 1918-49.00
School tax (per $1,000) 1918- -$10.84 Population in 1915
1.743
INT. at Village Treasurer's office.
INTEREST payable at Westchester Co. Nat. Bank, Peekskill.
DELHI, TOWN.
A town in Delaware County. Inc.
COXSACKIE.
Mch. 1821. Population '15. 2.852.
This village Is in Greene County.
Refunding Bonds.
Incorporated in 1867.
00'15 May 889,750c_May 1 '2040
BOND. DEBT Feb 29 '16_839,000 (See V. 100, p. 1017 for maturity)
Assess. val. real estate____1,120,050 BOND. DEBT May 1918- $94,000
Assess. val. personal
57,800 Assess. val. '14 (real est)....1,115 100
Other assessable property... 21,508 Total assess. val. !9!6.__.1,170.785
Total tax rate (per $1,000) '16..$8.60 Total tax (per $1,000) 913__$20.87
2,309
Population in 1915
INT. at Delaware Nat. Bk.. Delhi
CRO G HAN.
This village is in Lewis County.
Incorporated in 1906.
Water Bonds.
___ 821.000-41.000 YHY
434s
Opera Houle Bonds.
1919-1933
_ 87.500
53
BOND.DEBT June! 1918_ _830,000
221.770
Assess. val. real
7,175
Assess. val. personal
Other assessable property.... 7,400
Total ass'd val. '18(H act.)_236,345
Total tax rate (per 81,000)'18413.00
Population 1915,659; 1918 (est.),670
CROTON-ON-HUDSON.
This village is in Westchester Co.
Inc. 1898. Pop'n 1915. 2.243.
Water-Works Bonds
$56,000__Oct 1 '19-'34
BOND.13EBT Apr 8 1916 866,350
1,238,101
Assessed val. 1915
Total tax (per $1,000) 1915_811.31
DELHI UNION FREE SCHOOL
DISTRICT NO. 16.
This district is in Delaware Co.
53 '14 M-S $48,000c_Sept 15 '19-47
BOND. DEBT Sept 17 '18 $48,000
Assess. val. real estate____1,345,550
Assess. val. personal prop_ 49.000
15,000
Other assessable property_
Total assess. val.(abt. 60%
1,410,527
act.) 1918
Tax rate (per $1.000) 1916 -$18.19
INT. at Delaware Nat. Bank in
N. Y. Exchange.
DBPEW.
This village is in Erie County. Incorp. 1894. Popula. 1915. 4,932.
_s '18 J-J $26,540___Jan 1 '20-'28
Village-Hall Bonds.
4.403'12J4 $16,250r_Jan 15 '20-'32
Sewer Bonds.
4.40s'09M-N $54,500r__Nov 1 '19-'34
Improvement Bonds.
55 '06 J-D 85.400-..June 30'19-'21
4.60s'15A-0 37,100r--Oct 1 '19-'25
11.680__Jan 2 '20-'27
4.158 J-J
Improvement Bonds.
1919-1927
_s '17 M-N813,140
Street Bonds.
s-a 880,900_ _ _ _ _1923-1936
5s
BOND: DEBT Aug 1 1916_ $145,000
15.550
Sinking funds
Assessed valuation 1916_,_ 2,795,965
VII. tax rate (per $Loom'15 $21.39+
CROTON UNION FREE S. D.
NO. 2. Pop'n '15 (est.) 2.100.
43is'07 Jan $20,000r_Jan 1 '20-'27
4.40s'08Jan 39.000r__Jan 1 '28-37
9.000r_ _Jan 1 '20-'25
4 3s'09 Jan
TOTAL DEBT Apr 25 '19_ $68.000
2,872,226
Assess. val.' 18
Tax rate (per 91.000) 1918._...$8.53
2,200
Population in 1919 (est.)
INT. on 4s at Peekskill Say.Bk.;
White
on 4.40s at Home Say. Bk.
DICKINSON (TOWN) SCH. DIS.
Plains; on 43(5 at People's Say. Bk.,
This district (P. 0. Port DickinYonkers.
son) is in Broome County.
School Bonds.
CUBA.
58 '18 J4 ($5,000_July 1 '19-'23
This village is in Allegany Co.
I 2.000_July 1 1924._
Incorporated in 1870.
5s '18 J-J 846,000-Dec 31 '25247
Paving Bonds.
(?)
TOTAL DEBT
$5,500
4Hs'12
x IN. payable at the People's
8,000
5s 13
Trust Company Binghamton.
500
43(s'15
-- Judgment Bonds.
Paving
DOBBS FERRY.
__-_ $4.000
6s
This village is in Westchester Co.
School Bonds.
Inc. 1873. Population 1915. 4.030;
4%8'09 __ 826,500
1919 (est.), 4,000.
BOND.DEBT Apr 22 1919 $36,000
Street Bonds.
4,297 45 '09 J-J $32,000r_ _July 1 '19-'34
Floating debt (add'1)
Assessed valuation, real _ 836,025 45 '09 J-J
7.5COr_.July!'19-'33
Assessed val'n, personal.. _ _ 78,250 4.40s15F-A 904,_(:100r-Aug 1 '19-'44
Other assessable property... 39.729
Park Bonds.
Public
t954,004 4s '09 J-J
Totai val. 1918 (2-3 ad)....
C6,100r_ _July 1 '19-'25
Vil. tax rate (per $1.000, '17_ -$11.16
Livingston Avenue Bonds.
rotal tax rate (per $.,000)'1,.83i.70 48 '09 J-J
82,000r_ _July 1 '19-'22
Pop'n 1915, 1.645; 1917 (est.)__2,000
Fire Department Bonds.
$3,400r-July 1 '19-'33
4s '09 J-J
DANSVILLE.
Bonds.
Sidewalk
This village is in Livingston Co. 4s '09 J-J $13,000r-_July 1'19231
Incorp. 1845. Population '15. 4.018. TOTAL DEBT May 1919_ 8967,900
Paving Bonds.
5.130,967
Assess. val. real
58 '12 J-D $32,550-_Dec 1 '19-'33 Assess. val. personal
479,500
43,0'16 M-N 2,160_May 1'20-'21 Special franchise
183,840
Water Bonds.
Tot. ass'd val.'18(70% act.)5,794,307
$23,280r_Sept 1 '19-'24 Tax rate (per $1.000) 1918-412.00
414s'06
'19-'22
1
2,000r_Aug
3 Hs'00
INT. payable at Tarrytown Bank.
Sewer Bonds.
3.753'04 A-0 $53,900r_Oot 1 '19-'29 DOLGEVILLE.
BOND. DEBT Nov 19 '14 $154,400
This village is in Herkimer and FulAssess. val.'14(M act.)- -1.732,372 ton counties. Inc. Mch. 17 1891.
Village tax (per $1,000) 1914-813.08
Retaining-Wall Bonds.
0.0'17 J-J $2,750_ _July 1 '19-'29
DAYTON UNION FREE SCHOOL
Fire-Alarm Bonds.
1919-1925
4.208'11June $1,750r
DIST. NO.9(P. 0. Dayton),
BOND. DEBT May 9'17- $27,000 434s'13 Mar 1.100r -1919-1930
Water Bonds.
Assessed val. real est. 1916_ 425,000
A-0 31,000c___Apr 19 1920
Sch. tax rate (per $1,000) '16-$18.25 4s
1923
35,000c
J-J
3 Hs
Sewer Bonds
DEER PARK.
'19-'34
1
824,000r-July
J-J
3.903
The
Orange
Co.
in
is
This town
1919-1937
4,745
city of Port Jervis having been a part4.20s
58
NEW YORK-CITIES AND TOWNS.
[VOL. 108.
BD. DT.(water) May 21 '19 330,000
Bridge Bonds.
EASTCHESTER UNION FREE 330'95
DOLGEVILLE .(Concluded)A-03115,000r_Oct 1 '22-'25 Total assess. val. '19 (50% 515,000
actual)
SCHOOL DIST. NO. 1.
1 1935
Sept
Paving Bonds.
55,000r_
M-S
'06
4s
Total tax rate (per $1,000) '19 $11.00
This district (P. 0. Tuckahoe) is
45 '10 M-S 111,000r_Sept 1'19..'30
City-Hall Bonds.
18,000r_ July 1 '19-'30 In Westchester County.
430'16 J-J
$75.000r_Oct 1 '25-28 Pop'n 1915, 1,856; 1919 (est.), 2,000
A-0
334s'95
1.000r_. July 1 1931
Building Bonds.
3 s'96 M-S 45,000r_Sept 1 '29-'31
BOND. DEBT May 10'19 595,350 4s '06 Dec 518.000_ - _..$2,000 yrly
FAYETTEVILLE.
School Bonds.
12,074 4.858 Jan 22,500
Water sinking fund
This village is in Onondaga Co.
330'01 M-S 125,000r _Sept 1 1926
1.522.895
($2.500 yearly beginning 1918.)
Assessed val. real
430'11 J-D 20,000r_June 1 '19-'20 Incorporated in 1844.
yrly
.$1,000
52.000....
46,300
Mar
4.608
Assessed val. personal_
67,000r_Feb 1 '21-'29 BOND. DEBT Feb 29 '16-343.500
M-S
430'12
54,675 BOND.DEBT May 15'19. $37,000 (Var. amts. yrly.; V. 95, p. 435.) Floating debt
6.651
Other assessable property_
1,623,870 Assess. val. real estate__ _ _3,040,244 430'13 M-S 25,000r_Mar 1 '29-'34 Sinking fund
4,619
Total val'n (60% act.)
$12.92 Total tax rate(per $1,000)'18_313.56 430'16 M-S f 21,000r_Sept 1 '19-'25 Assessed valua-f Real estate_544,700
City tax (per $1,000)
600,078
.Sept 1 1927
__1Total
Pop'n 1915, 3,325: 1919 (est.)__4,500
2,000r__
_
1
1916
tion
INT. on 4s at the Amer. Exchange EASTCHESTER UNION FREE
Assessed valuation, personal_ 25.750
Pavement Bonds.
29,628
Bank; on 330 by State Comptroller.
SCHOOL DIST. NO. 2.
330'95 M-S 140,000r_Nov 15 '28-'29 Other assessable property
This district (P. 0. Tuckahoe) is 430'96 M-S 20,000r ...Sept 1 1931 Total assessed val'n 1916...A300,078
DUNKIRK.
M-S 30,0000&r_Nov 1 1932 Tax rate (per $1,000) 1916-$14.26
Westchester County.
in
'96
4s
1,779
This city is in Chautauqua County
Purchasing & Grading Bonds. 450'13 M-S 110,000r_Sept 1 '19-'33 Population in 1915
Inc. 1885. Population '15. 17.870.
32.000_..$1,000 yearly 430'14 A-0 35,000r_Apr 1 '20-'27
Is
430'16 ___ 550.000 _.___1919-1928
Building Bends.
4s '16 J-D 180,000r-June 1 '19-'36 FONDA.
Improvement Bonds.
___ 817,500_32.500 yearly
430
Park Bonds.
This village is In Montgomery Co
430'17 ann $15,718.26_Apr 4 '20-'27 530
17 000
33001 M-S 116,000o_ _Sept 1 1926 Inc. 1850. Population 1915, 1.120.
Public Dock Bonds.
'beginning 1920.)
Bonds.
__-yearly
Debt
($1,000
Floating
Bonds.
fa '15 -_ $100.000_June 1 '25-'44 BOND. DEBT April 918- $40,000 330'00 J-J 198,000r_July 16 1930 48 Water
J-J $16,610r_July 1 '19-'31
$6,000 Tot. assess. val. 1917
1,950,653
Deficiency bonds 1913
Water-Works-Purchase Bonds.
2,560o_July 1 '19-'22
J-J
Water Bonds.
$1,000)'18_314.35 430'15A-0$1,415.000r_Apr 1 '20-'45 4s Paving
(per
rate
tax
Tot.
Bonds.
A-0 $12,400_ _Oct 1 '19-'20
330
(See V. 100, p. 1018, for maturity.) 48
uly 1 '19-'33
$13,800r_J
J-J
5178.131
'18_
1
Apr
DT.
FREE
BD.
GEN.
EAST HAMBURG UNION
Revenue Bonds.
GEN.BD. DT, Mar 1 '19- $33,000
Assessment debt(add% ___ 56.844
5s '18 J-D 340,000_June 30 '19-'23 Assessment debt (add'1)___
9.000
SCHOOL DIST. NO. 1.
18,600
Water debt
,000
26
Apr
'19.$2,586
DEBT
875
DEBT May 1919- $49,500 BOND.
Water sinking fund
TOTAL DEBT Nov 1917.. 353,575 TOTAL
31,768,401 Assess.
val. real
Assess.
2,500,000
555.000
val
real
Assess.
val.
9,173,690
1,125,850 Assess val. personal
Assess. val. real 1917
4,000
tax rate (per $1,000) __$9.00 Assess. val. personal
1,757,927
Assessed val. persOnal 1917 110.100 School
Special franchise
15,000
assessable property_
558,390
Other assessable property
34.652,178 Other
Tot. val.(87% act.)
Tot.asses.val.18(70% act.). 574,000
Tot. asses.val.'18(70% act.)9.842,180 EASTHAMPTON.
City tax (per $1,000) 1919_512,99 Tax rate (per $1,000) 1918_318.20
This town is in Suffolk County.
ChamberTotal tax (per $1,000) 1916._52.02
INTEREST at City
INT. payable at People's Savings
Highway Bonds.
19,115
Y. exchange; on Bank,
Population 1916
Yonkers, and the Nat. MoMch 1 '20-'26 lain's office, in N.
/NT. at Merchants' Nat. Bank of 4s '06 M-S 335,000__
1916 pavement bonds at the Che- hawk River Bank. Fonda.
$35,000
May
DEBT
BOND.
office.
S
Treasurer'
or
and
Dunkirk
Trust Co., Elmira,
Canal
mung
5,863,095
val
assessed
Total
the Importers' & Traders' Nat. FORT EDWARD (TOWN).
11,000) _ _ _314.20 at
DUNKIRK SCHOOL DISTRICT. Tax rate (per
Bank, N. Y.
This town is in Washington Co.
4s '08 M-S $75.000c_Jan 1 '20-'34 Population 1910, 4,722;_----- 5.164
Bridge Bonds.
9,000c_Jan 1 '20-'22
4s '98 J-J
ELMIRA HEIGHTS.
'15 M-S 322,000c-Mar 1 '20-'41
5s
18,000c .Jan 1 22-'25 EASTHAMPTON(TOWN)UNION
Co.
Chemung
3366'00 J-J
in
This village is
DEBT Oct 23 '16- $30,000
BOND.
'20-'24
10.000c__Jan 1
1920-1930 Assessed valuation 1916-.2,152,930
4s '05 J-J
s-a $44,000
FREE SCHOOL DIST. No. 8.
5s
4s '14 A-0 30.000c _ _Jan 1 '20-2.5
This district (P. 0. Sag Harbor) is BONDED DEBT
(?)
(per $1,000) 1915...$13.74
rate
Tax
$140,000
22
Apr
'19
DEBT
BOND.
in Suffolk County.
5.731
T.
Population In 1915
10,111,345 BOND. DEBT May 10 '19 $30,000 ENDICOT
Assess. val. real
TNT. at Fort Edward Nat. Bank.
This village is in Broome County.
859,094 Assess. val. real estate____1,441,982
Assess. val. personal
In
1906.
ed
Incorporat
12,825
1919
Total assessed val'n
Assessed val. personal
DEBT Apr 15'16- 371.000 FORT EDWARD (VILLAGE).
(about 70% actual)__ _10,971,339 Tot. ass'd val.'18 (Yi act.) 1,454,807 BOND.val.freal estate
2,056.659
This village Is in Washington Co.
School tax (per 31,000)-1919_315.49 Total tax rate (per $1,000)'18-518.00 Assess.
2,066,760 Inc. 1857.
1Total
1915.
__20,000 Population in 1918 (est.)
3.620 Tax rate (per
Population in 1919
00
1915-$12.
$1.000)
Sewer Bonds.
Bk., Dunkirk.
INT. at Lake Shore(est.)_5,581 5s '08 J-J $10,000.. July 1 '19-'28
Population in 1915
EAST ROCHESTER.
Water Bonds.
This village Is in Monroe County.
DUTCHESS COUNTY.
May 1923
M-N$39,000
T (V.) AND UNION (T.) 5s
Poughkeepsie is the county seat. (nc. 1906. Population 1915. 4.000. ENDICOT
NO. 1.
D.
S.
FREE
Bonds.
UNION
Paving
'22-44
Bonds.
1
Court-House and Jail
44s'17 F-A $60,000 .Aug
1 '19-'33
in
is
-July
Endicott)
0.
$21,000
J-J
'08
(P.
5s
district
This
J-J 14378,000r_ _Jan 2 '19-'31
330
Street Bonds.
1933
10,416
4.608'12J-J
1,000r__Jan 2 1932 4.20s'16M-S1 $8,000__Mar 1 '20-'27 Broome County.
1 '24-38
July
75,000c&r
J-J
'19
5s
Bonds.
School
1928
65.000r_Jan 2 1928
600_ _Mar 1
J-J
330
$78,417
$5,000
_Due
1
1919
May
DEBT
$150,000r_
BOND.
cl
County House Bonds.
4.20s16M-S 12,000_;Mar 1 20-'31 4.65s'19De
40.000
Dec. 1 1921-'42 and $10,000 Dec. 1 Water debt (included)
400...._Mar 1 1932
J-J $22,500r_ _Jan 2'19-'28
330
1,162,100
Assessed val., real
1943-'46.
BOND.DEBT Apr 20 '19_ 5160.500 4.79V15M-S 29,700_34.500 yearly BONDED
8.700
3350,000
_
_
personal
val..
1919Assessed
DEBT
Assess. val. real 1917___ _71,949,765
Water-Plant Purchase.
value 1918__-5,302,715 Other assessable property.- 79.199
2,559,980 4s g '09 J-J $77.900o_Jan 1 '20-'38 Total assess.1919
Assess. val. personal
,999
15,000
act.)1,249
(50%
ass'd
(est:)____
Tot.
val.'18
Population
Sewer Bonds.
Tot.asses.val.'18(80% act.)74,509,705
Total tax rate (per $1,000)--- $22.00
Pop'n 1910, 87.661; 1915, 91,044 4.10g'09 J-J $26,600c_.Jan 1 '20-'38 ERIE COUNTY.
3,880
in
1915
Population
yrearly
office
Treas.
260
Co.
at
INT. payable
4.703'15M-8 5,100-$
INT. at Ft. Edward Nat. Bank.
County scat is Buffalo.
BOND. DEBT Apr 1918__ $200,367
Road Bonds.
Assessed val.(34 act.)'17--2,359.159 330
EAST AURORA.
uly 1 '19-'22 FORT PLAIN.
/14,000r_J
M-N
'02
In.
County.
Erie
This village is in
Village tax per $1,000)'17....$13.57 4s '07 J-D 210,000r_June 1 '20-'34
This village is In Montgomery Co.
corp. 1849. Population '15, 3,445
INTEREST payable at the Nat. 48 g '08 J-J
215,000r_July 1 '19-'34 Inc. 1832. Population 1918. 2,923.
Street improvement Bonds.
Bank of Commerce in Rochester.
1 '24-'35
June
117,000r_
J-D
45
'09
1
'19-20
Water Bonds.
430'15 A-0 316,280r_Oct
430'10 J-J 190,000r_July 1 '19-'36 330'02 July $5,000r_July 1 '19-'26
4.10s'17 J-J 16,500r__Jan 1 '22-'26 EAST SYRACUSE.
167, for maturity.)
V.91,
p.
(See
Sept 5,000r_Sept 1 '19-'23
1
'22-26
3.90s
Jan
County
Onondaga
in
11,650r__
is
J-J
village
This
4.10s'17
-_Oct 1 '19-'32
Refunding Water Bonds.
5,070r..Jan 1 '20-'22 Incorp. 1881. Population 1915. 430'11 A-0 205.000r
4.20s'17 J-J
1946 4.80s'15J280.000c&r
3.958
1918-1931
D $25,000
Paving Bonds.
3,839; 1916, 3,972.
--Bonds.
Armory
Street Paving Bonds.
Sewer Bonds.
5s '18- _ $21,000__Aug 1 '23-'32
M-N $20,000r_Nov 1 '19-'20 430
A-0 $19,000-__ 1919-1937
438'03 July $30,000r_ __Part yearly 330'05
Street LightingBonds.
'20-'29
1
Apr
250.000r_
'07 A-0
$46,000
BOND. DEBT;Water
5,500r_Jan 1 '22-'26 3.85'05 June 6,500r__Part yearly 4s
4.108'17 J-J
DEBT Jan 1 '19_$1.501.000
19,000
April 1919 ..1Paving
Water-Ext. Bonds.
4.65'07 July x17,000r___Part yearly BOND.
Assess. val. real estate___615,949,235 Assessed val'n, real estate_1,356,020
Water Bonds.
58 '13 .7-.1 $14.000r_July 1 '19-32
personal___ 14,731,800 Assessed val'n, personal.._ 131,200
val.
Assess.
yearly
__Part
362,500r_
J-D
Bonds.
43is'13
Sewer
franch.14,191,523 Assessed val'n, franchises__ 114.904
J-D 10,000r __Part yearly Assess. val,special
4.308'11 J-J $90,750r_July 1 '19-'40 58
val. 1918
1,602,124
Total assessed vai n
5,500r_Aug 1 '19-'29 454s'14 M-N 12.000r_ __Part yearly Total assess.
4.303'11 F-A
._644,872,558 Total tax rate(per $1,000)__..511.49
actual)
(75%
3138,500
g
Bonds.
'187
May
DEBT
BOND.
Water Refundin
INT. is payable on $19,000 paving
80,500 State & County tax rate (per 53.98+
4.358'11 J-J 342,000r_Jan 1 '20-'40 Water debt (incl.)
$1,000) 1919
at First Nat. Bank, St. Johns1.441.165
TOT.BD. DT. Apr 11 '19.. $228,250 Assess. val. real
571.897 bonds
vile; on $5.000 water bonds 19192,000 Population in 1915
Paving bonds(included).... 70,500 Assess. val. personal
INT. at Co. Treas. office.
1923 at Albany Co. Say. Bank; on
Sewer bonds(included)__-- 96,250 Other assessable property. 91,862
56,000 Totasses.val.'17(60 o act.).1.535.027
$5,000 water bonds at Oneida Co.
Water debt (included)____
Say. Bank; on $10,000 water bonds
3,125,020 Total tax (per 11.000) 1917-520.00 ESSEX COUNTY.
Assess. val. real
Elizabethtown is the county seat. at Albany City Say. Inst., Albany;
23,800
of
Co.
Assess. val. personal
Deposit
&
Trust
$48,000 and on $25,000 water issue at State
z INT. at
1919
May
DEBT
BOND.
Total assessed val'n 1918
Onondaga, Syracuse.
Assessed valuation, real__18,103,265 Comptroller's office.
3,148,820
(about 60% actual)
406.970
Assessed val'n, personal__
84,140 EAST WOOD.
Exemptions
, act.)18,510,235 FRANKFORT.
9(abt.625'
Tot.val.'1
0
Tot. tax rate (per $1,000)'18_311.6
is in Onondaga Co. Co. tax rate(per$1,000) 19.$684+'
village
This
This village is In Herkimer County.
INT. direct to holders of bonds.
32,461 Incorporat
Incorporated in 1894.
Population in 1915
ed 1862. Pop'n 1915,
BOND.DEBT May 15'19. 896,200
4,213; 1918 (est.). 4,800.
,765 FAIRPORT.EASTCHESTER.
'19..1,750
est.
real
val'n,
Assessed
Street Bonds.
This town P. 0. Tuckahoe) Is in Total tax rate (per 31,000)'18-318.50
This village is in Monroe County.
6,000
5s
Westchester Co. Pop'n '15. 7.558. Population 1918
1,900 Inc. 1867.
Water Bonds. (Int. at Albany.)
Fire-Engine Bonds.
Water Bonds.
1923
$53,000r
Nov
3.50s
1923
$8,000____Jan 1 1922
%8
43
UNION FREE
Sewer Bonds.
5.000____Mar 1 1928 ELIZABETHTOWN
4s-*Paving Bonds.
SCHOOL DIST. NO. 1.
July 1 '19-'21 4.303'11 Sept$53.850r_Sept 1 '19-'43
Ditch and Drain Bonds.
1316,000r_
43isJ-J
'17
430
00
'16_329,0
25
Oct
DEBT
BOND.
1 '43-'48
5,000r__July 1 1922 4.95.913Sept 18,000r_Sept
3.95s'09 F-A $48,000r_ _ Feb 1 '20-'35 Total
assess. val. 1910.... _533.495
4.55s'16Sept 5.500r..Sept 1 '48-'50
Grade Crossing Elim. Bonds.
Light Bonds.
Paving Bonds.
315.101__Jan 1 '40-'55 School tax rate(per31.000)'16-316.71
$6.000-$1,000 yrly
430
1645,000-Nov 13 '19-'36
5s '18
Bridge Bonds.
Sewer Bonds.
3.40sLLE.
3190.185
4.70s ___ $9.000.._July 1 '23-'31 ELLENVI
$31,666.63rJuly 1 '19-'43 BOND. DEBT Apr 21 '19_
This village is in Ulster County. 58 g'13 July
Water d't (incl.) Apr 18 '18 53,000
4,750__July 1 '23-'32
5s
20
Apr
'19$76,333
DEBT
TOTAL
8
ated
Apr.
8,785
___Incorp. 1856; reincorpor
Fund-Water
Sinking
17,000
Highway Bonds.
(addl)___
debt
t
Assessmen
1914 under Village Law.
43,000 Assess. val. '18 (real est.)_1.715.275
4s semi-ann 39,000r_Dec 1 '27-'28 TOT.
Water debt (incl.)
BD.DT. May 6'19___340,000 Floating
(Assessed val. 85% actual.)
9,000r_Dec 1 '29-'30
2,500
48_
debt
16,000
(icnluded)
real._.2.480,803 Tax rate (per $1,000) 1919-314.90
5s '07 311) 3,000r_Dec 1 '19-'21 Water debt
val'n, real estate___331,000 Assessed valuation,
($5,000 yearly beginning in 1918.) Assessed val'n,
65,000 A4essed val'n, personal .. 42,700
personal
2,000_ _Moll 1 '20-'21 Assessed
31,815 FRANKFORT UNION FREE SOH.
___
430
franchises..
yarn.
AsAessed
396,000
assessed val'n 1919
DIST. NO.9.
5s '07 J-D 10,683r_Mar 1 '27-'28 Total
3,973 Total assessed val. 1918
-__ 70,000_ _Jan 1 '24-'39 Population in 1915
2,555,318 430.36.500. assum. by N. Y. O. RR.
434s
actual)
(70%
9,000r_Dec 1 '29-30
4s
Tax rate (per $1,000) 1918---$9.95 4.95s'13 Jan $40.500r__..1919-1943
SCH.
FREE
UNION
T
ELLICOT
'26-41
1
Aug
3,700 TOTAL DEBT Oct 26'6$50.000
___ 116,000__
430
Population in 1918 (est.)
DIST. NO. 6.
130.500---Aug 1 1942
*INT. payable at Hanover Nat. Assess. val.'15-'17, real est.1.660.182
This district (P. 0. Falconer) is in
5,000____Apr 1 1923
--430
N. Y.;on other bonds at office Tax rate (per $1.000)'16-'17-311.60
Bank,
a
County.
Chautauqu
16.500--Apr 1 '28-'43
Fairport.
4.60s
BOND.DEBT Apr 22 1919-539,000 of D. C. Becker,
Sewer--Bonds.
.90
FRANKLIN COUNTY.
390,000.._Jan 1 '20-37 Tax rate (per 31,000) 1919-.321
53-is
GH.
SB1TR
FALL
2,450
Malone is the county seat.
(est.)
in
1919
Population
4.60s ___ 125.000__Jan 1 '39-'63
This town Is In Sullivan County.
Road Bonds,
900-Jan 1 '20-'34
.
-_Refunded
530
Bonds
Aid
RailroadM-S$400,000r_Mch 1 '21-'60
430
ELMIRA.
'36-'63
1
n
1,680__Ja
4.60s ___
.$4.000 yly aft. 1921 43012 Apr 30,000r__Apr 1 '20-'41
County seat of Chemung County. 4s J-J 328,000r
Y'lY
_34,000
26.00058 '18' J-J 24,000.._Jan 1 '20-'43 Inc.
_
_
_
53
130'13 M-S 50.000r__Mch 1 '20-24
1864. Pop'n '15. 40.093.
Refunding Sewer Bonds.
Ctfs.
Highway & Bridge
BOND. DEBT Apr 1918- 3480,000
Mayor's Notes.
--- 35,000-Jan 1 '31-'35
530
Feb 311,000 -,..„1919.1929 Assessed val.. real
13,776,110
00'12 --_ 312.000r_July 1 '19-'22 4s
Tax-Map Bonds.
BOND. DEBT May 20 '17. $69,000 Assessed val., personal
269,525
Bonds.
on
Redempti
'20-'24
1
ct
$2,500__O
12,000
534s
debt •
Floating
franchise
423,814
'19-'27
1
val'n,
_Oct
$9,000r_
Assessed
A-0
330'98
BOND. DEBT Jan 1 1915-3635.354
ept '19-'28 Assess. val. '17. real estate-702,937 Total assessed val. 1918_14,469,449
Assessed valuation 1916 8,326.071 330'01 M-S 10,000r_S
$1,000)
(per
&a:55:17'2603
(Assessed val. abt.88% actual.)
2,500r.....July 1'19-'20 Tax rate
INT. on bonds due 1927 to 1928 330'02 J-J
Tax rate (per 31.000) 1918.._$15.70
5,000r.. July 1 '19-'23 Population in 1915
el 4s '03 J-J
0,e
trolg;
leS2o9nle
dte
oef,S
INT. payable by IS • Y.
Pop'n 1910, 45,717; 1915, 46,181
4s '05 M-S 14,000r_Sept 1 '19-'32
INT. on bonds of 1913 at People's
the Warwick Say. Bank; on the 4s '06 M-S 26.000r_Sept 1 '19-'32 FARMINGDALE.
Dank, Malone:on others at City
General Bonds.
itch and drain bonds at the First
This village is in Nassau County. Nat.
__July '19-'20
Ilk.. N. Y.,in N. Y. exchange.
Nat.
Nat. Bank of Mt. Vernon; other 330 '92 ___ 1146,000_
1 28.000.....July 1921 Incorporated in 1904.
sans at Mt. Vernon Trust Co.
0.(;)1)011co
jErNE, 1919.1
FRANKLIN VILLE.
This village is in Cattaraugus Co.
Incorporated in 1874.
Paving Bonds.
5s '17 Sept 5,000c_Sept 1 '19-'28
Ss '10 M-N 7.500__Nov 1 '19-'33
5s '15 Oct. 1 7,200--Oct 1 '19-'36
Paving Bonds.
5s
--- $7,500r_ -3500 yearly
4.4s
_-_ 42,000r_$2,000 yearly
5$
32,000r-$2,000 yearly
5s
5,000c__4500 yearly
Pumping Plant Bonds.
5s
_-- $5,000..$1,000 'yearly
BOND. DEBT Mar 1 1918 997.500
Assessed vain, real estate.. 990,755
Assessed val'n, presonal___ 55,500
Other assessable property__
18,864
Tot.ass'd val.'17(80% act.)1,065,119
Tax rate (per $1,000) 1917--420.00
Population in 1915
2.065
NEW YORK-CITIES AND TOWNS.
Total assess. val.'18(80%
actual)
28,828,491
Population in 1915
45,625
INT. at People's Bk..Johnstown.
GATES.
This town (P.O. Rochester) is in
Monroe County.
BOND. DEBT (Water)
June 1916
$30,000
Assessed val., real estate....5,681,000
Assessed val., pers'l prop
47,841
Other assessable property.._ 149,441
Total assessed value 1915-5,878.006
Popula'n 1910,4,862; 1915, 5.498.
GATES SCHOOL DIST. NO. 8.
BOND. DEBT Oct 1913- $39,700
Assessed valuation
-2,042,000
Tax rate (per $1.000)
1913..1913 --$3.92
59
TOTAL DEBT
Equalized val. 1916
Population 1915
(/)
Sewer Bonds.
$7,845.092 48 '05 M-N $250,000r_Nov 1 1945
12,809 430'11 M-N 100,0000-3fay 1 1941
BD. DT. June '19_ $760.600
GERMAN FLATTS UNION FREE GEN.
Floating debt
72,000
SCHOOL DISTRICT NO. 1.
Sinking fund, general___..
2,956
This district (P. 0. Ilion) is in Water debt (included)
50,000
Herkimer County.
Assessed val., real
18.177,550
43
.1-3 $13,500._$1,500 yearly Assessed val., personal..
413,350
430'13 J-J 89.000r_Jan 1 '20-'48 Assess. val., franchises_..- 1,235,550
4.208'16A-0 46.400__ -Oct 1 '19-'46 Tot. ass.val.'19(70% act.)19.826.45
TOTAL DEBT May14'19-$148,900 Tax rate (per $1.000) 1918-$21.900
Assessed val., real
5.964.950
INT. on local impt. bonds
Assessed val., personal
392.925 and 1918 and refunding bondsof 1917
1917
Special franchise
217.601 at City Chamberlain's officeofor
at
Assess. val. public service
56,610 Mechanics & Metals Nat. Bk., New
Total assess. val. 1918_. 6,632 086 York;
on water, railroad, deficiency,
Tax rate (per $1,000)
$1.10 bridge and local improvement bonds
Population 1917 Asst.)
10.500 of other years payable in N. Y.;on all
INT. at Ilion Nat. Bank in New other
issues at Chamberlain's office.
York.exchange.
GEDDES.
FREDONIA.
A town(P.0.Solvay)in Onondaga GERMAN FLATTS17N.FR.S.D.2.
This village is in Chautauqua Co. Co.
Population in 1915, 6,739; 1918
P.0. Mohawk, Herkimer County. GLOVERSVILLE SCR. DIST.
Inc. 1829. Population 1918, 6,209.
Building Bonds.
5s '14 M-N$36,000-Nov 1 '19-'54
Water Bonds.
430'15
M-S 10,000__Dec 1 '32-'41 4343'17 J-D $115.000-$5.000 yearly
4s
F-A $30,0000_Aug 1 '19-'22 ietigiatxt?:-1r2d1
TOTAL DEBT
s.
__s
- 18,000
(7)
School Bonds.
58 '13 F-A $27,000- _Sept '35-'43 430'17 M-N 9,800_-May 1 '32-'51
4s
J-D $17,000r -___1919-1935 BOND. DEBT May 12 '19 1372,000
BOND. DEBT May 1916.. 357.000
Street Bonds.
Assess.
real estate_
9,455,490 Assess. val. real estate
1,123.308 GOSHEN.
430'09 F-A $8,000r ____1919-1920 Assess. val.,
This village is in Orange County.
val., personal____ 845,000 Other assess. property
129,494
5s g '10 F-A
3,300r_Aug 1 '19-'20 Other assessable
205,529 Total assess. value,1918_ _1,252,802 Inc. 1809. Pop'n 1915, 3.511.
4.80s '13 J-J 8.350r-July 1 '19-'23 Total assess. val.property'18 (abt.
Tax rate (per $1.000) 191-5-414.00
Water Bonds.
500r
70% actual)
Population (est.)
3,000 5s
--- 31.000
4.60s'15M-S 12,600r_Sept 1 '19-'25 Total tax rate (per $1,000)10,506,019
1921
INT. at Nat. Mohawk Valley Bk 48
'18 $10.00
-_8.000
1919-1926
5s '17 M-S 11,700r_Sept 1 '19-27
INT. at Chase Nat. Bk., N. .
in N. Y. exchange.
___
34s
500
BOND. DEBT Apr 24 '19_ $90,950
1919
436s
18,500
Water debt (included)--- 30.000 GEDDES UN. FR. SCH. DIS.N0.2 GHENT & CHATHAM
1919-1935
(TOWNS) Sewer Bonds.
Sinking funds
15,941
A district (P. 0. Solvay) in OnonUNION
FR.
SCR.
DIST. NO. 1. 430 F-A S100.000_Beg Aug. 1 '21
Assess. val.(83% act.)____3,393,724 daga County. Pop. 1919(est.),6.500.
P.0.Chatham,Columbia County. BOND. DEBT
Village tax (per $1,000) 1916_ -$10.00 430
May 1919_ $127,500
J-D $30,000r_Dec
430'14 A-0 $70,100r__Oct 1 '19-'54 Assess. dt.(add'I)
INTEREST on water bonds is pay- 430'12 A-0 140.000c-Oct 11 '19-'33
.10,100
'19-'38
(See
V.
100, P. 68, for maturity.) Assessed val., realMar.31'181.636,870
able in N. Y.City; on school bonds at 430'13
$5,000--_Oct 1 '19-'20 BOND.DEBT
Apr 1919
the Comptroller's office, Albany; on 430'13 --- 40,000
$73.000 Assessed val., personal_ _ _ _ 138,500
.-Oct 1 '20-'32 Total assess. val.
1918
--other bonds in Fredonia.
1,910,132 Other assessable property_ 55,737
25,000-Oct 1 '31-'38
rate (per $1,000) 1-918_412.57 Total assessed val.
TOTAL-DEBT May 12 '19 $240,000 Tax
1918._ -1.831.107
INT. at U. S. M.& Tr. Co.. N.Y. Tax rate (per $1.000)
Assess. val. 1918 (actual)_10,924.204
1918-414.50
FREEPORT.
This village is in Nassau County. Tax rate(per $1.000) 1918-47.77 GLEN COVE.
INT. payable at Goshen Nat.. Bk.
INT. on the $30,000 issue at SyraIncorporated 1892.
This
city
is
in
Nassau
County.
cuse Trust Co.; on the $40,000 issue On
Light Bonds.
1 1918 Glen Cove became a GOSHEN 17N.FR.SCH.DIS. NO.8.
4.10s'09J-J
$3,000__July 1 '19-28 at Schenectady Savings Bank; on the cityJan.
of
third class and the sewer
This district is in Orange County.
4 Xs'll J-J
7,000July 1 '19-'25 $5,000 issue at Skaneateles Savings district,the
which formally assumed the 430'10 J-D $41.600c_
3.45s -_ J'ne15'19-'30
2,500__July 1 '19-'24 Bank, and on others at the Chase above debt,
ceased to exist as a sep- TOTAL DEBT May 1919..
4s_ 10,000__July 1 '19-'23 Nat. Bank, N. Y.
$42,000
arate district.
Assess. val. real estate..___1,373,035
4.45s'12.
1U-S 12,000_ _July 1 '19-'30 GENESEO
Sewer
Bonds,
Assess.
val.
personal
(TOWN).
Fire-Apparatus Bonds.
121,100
This town is in Livingston County. 430'12 M-8 3138.000-Sept 3 '19-'39 Other assessable property..- 45,011
430'11 J-.1 $4,500....July 1 '19-'27
BOND. DEBT May 13 '19 $138,000 Tot. assess.val.'
Highway Bonds.
43
18(2-3
act.)1,539,
500-July 1 '19-'27
146
Assessed
valuation
8,272.429 School tax (per $1,000) 1918--$15.48
430'11
Road Bonds.
$4,500__Feb 15'20-'28 Tax rate (per
$1,000) 1918-445.00 Population in 1919 (est.)
Bridge Bonds.
430'11 J-J $42,000__July 1 '19-'39
3,500
Population
(est.)
10,000
4.45s12M-S 13,000__July 1 '19-'31 4.70s'll$5,000_ _Feb 15'20-'29
INT. at Goshen National Bank.
5s '13 NI:S 12,000-Feb 15 '20-'31
Water Bonds.
GLENS PALLS.
4.103'09J-J
$5,000--July 1 '19-'23 TOTAL DEBT
(1)
This
city
is In Warren County.
430'11 J-J
7,000-July 1 '19-'25 Assessed val real est.,'16_32,912,078
EUR.
1839. Population 1915, 16.323 GOUVERN
This village is in St. Lawrence
4.453.12M-S 2,000-July 1 '19-'20 Assessed val. personal_ ___ 766,500 Inc.
Funding Bonds,
Co. Inc. Sept. 1850.
4s
500_ __July 1 1919 Total tax (per $1,000)'19-- _412.62 5sJudgment
M-N$12,500___May 31 1933
Population 1915
Water Refunding -Bonds.
3,348
Street-Improvement Bonds.
Bridge Construction Bonds.
4.603'18J-J32,000____July 1 1921
434s'14 M-N$45.000.._May 1 '34-'37 430'12 A-0 $3,200r __Oct 1 '19-'22
33,000__July 1 '22-'32 GENESEO
Sewer Refunding Bonds.
(VILLAGE).
Water-Works Refund.
TOTAL BD. 3T. May 9'19 144,000
This village is in Livingston Co 430'12 F-A $97.500_Aug 31'19-'28 43(810 J-J $29,000c_JulyBonds,
1 '19-'32
Water debt (incl.)
49,500 Inc. 1872.
Population in 1915. 2,253
Water Bonds.
BOND.DEBT Apr 19 '19_ $32.200
Sinking fund (light)
5,315
Town-Hall Building Bonds.
430'09 J-J 20,0000___July '19-'20 Water debt (included)____
29.000
Total assess. val.'18_5,466,655 430'07
Village Hail Bonds.
July a9,000r..July 1 '19-'27
Assessed val.. real
1.836.625
Tax rate (per $1,000)-19-18.411.90
330'00 J-D $31,200o Y'ly to J'ne'29 Assessed val.. personal.
Paving Bonds.
170,950
Pop'n 1915,7,465;1918 (est.), 10,000 430'11
Park Bonds.
Other assessable property.. 37.472
Oct $4,800_ _Oct 1 '19-'21
INTEREST payable at Freeport.
430'17 F-A $66,000_Aug 15 '27-'34 Total val.'18 (75% actual) 2,045,048
Street Bonds.
43(s'17 July $11,000_ -July 1 '14-'29 BOND DEBT May 8'18- $289,050 Tax rate (per $1.000) 1918---89.72
55 '19 ann'l 16,000__July 1 '20-'35 Assessed val., real
FRIENDSHIP.
Pop'n 1915, 4.164; 1918; 4.158.
8,989.160
This village is in Allegany County. BOND. DEBT Apr 21 '19.. $64,800 Assessed val., personal
137,500
INT. on 43.48 at First Nat. Bank.
Water debt (included)--Special franchises
Incorporated in 1808.
304,470 Gouverneur; on 4348 at Hanover
24,000
Assess, val., real estate___ 1,362,100 Total assess val
4.80s J-D $11,000
9,431,130 Nat. Nank, New York.
3.90s J-J 22,100__Jan 1 '20-'36 Assess, val., personal_- 512,000 City tax (per $1,000) 1916_ $14.35
Total tax rate (per $10)0)'1-7-$33.85
BOND. DEBT May 12'19-333,100 Other assessable property..
33,220
INTEREST payable in Glens Falls GRANVILLE.
Total assessed val'n
569,105 Total assessed val. 1918
This village is in Washington Co.
Tax rate (per $1,000) 1918--48.53 (757 actual)
1,907,320
Population in 1915
1,199 Total tax rate (per M.) '19-$10.19 GLENVILLE UN. F. S. D. NO. 2. Inc. 1885. Pop'n '15, 3,890.
Pop'n, 1915, 2,253; 1918 (est.), 2,250
Bonds.
INT. payable in New York.
This district (P. 0. Scotia) is in 58 Highway
'13 Sept $18,645
1919-1943
Schenectady County.
GENEVA. '14 Sept 15,600r-Sept 7 '19-'44
58
5$ '15 J-J $60,000r -1920-1934
FULTON.
This city is in Ontario
Water Bonds.
5$ '05 J-J
10,000c
This city (incorp. in 1902) Is in Inc. Jan. 1 '98. Popula. '15,County
1924
Jan $28,000r
13,232. Si '10 3-3 13,500r
1919-1946
Oswego County and includes the old
1925-'34 434s
!met. Bonds.
DEBT May 1915.-478,700
5s '12 J-J
11,000r _-__1919-1932 BOND.
villages of Fulton and Oswego Falls. 43/s'16 s-an $40,000
Floating debt
1919-1934
2.000
BOND.
DEBT
Apr
19
Deficiency Bonds.
'19 394.500 Assessed val.'15 (2-3 act
4 Xs'16 s-an 26,184
1921 Assess. vat., real estate__
.)_ 1.213,900
_ 1,901.705 Village tax (per
43/48'16 M-S $12,000__Sept 1 '19-'26 _s
_ 20,000
$1.000) 1915-.912.80
Other
assess.
prop
Sewer Bonds.
159,979
_s
23,451
INT. payable in Granville at
Total val. 1918 (abt. 50%
4s '05 J-J 315,000r_Jan '20'25&30
Refunding Bonds.
actual)
4s '06 J-J
2,061,684 Farmers' Nat. Bank.
5,000r-Jan 1 1936 53
$6.000
1919-1930
Tax
rate
(per
$1,000)
1918__$26.
45 '06 J-J
4
00
8,000
Xs
'14A-0 5,000_ __Apr 1 '20-'24
Population (est.) 1919
(Due 1923, 1928, 1933 and 1938)
5.000 GREAT NECK SCHOOL
Special Appropria
Bonds.
DIST.
4.35s'10J-J
20,000r_ _Jan 1 '30-'39 4s'12 A-0 $40,000ction 1925-1929
INT. on latter issue at Citizens'
NO. 7.
4 he'll F-A 13,000r_Aug 15 '19-'31 4 a
A-0 17,000 _ - Apr 1 '20-'36 Tr. Co.,Schenectady,in N. Y. each.
This district (P.O. Great Neck) is
5s '18 F-A 20.000.__ _Feb '20-'24
Public Impt. Bonds.
in the town of North Hempstead.
Bridge Bonds.
430'12 A-0
1925-1932
Nassau County.
M-N$66,000i_Nov 5 '19-'41 434s'12 A-0 $4,500c
4h
800r
1919&'22 GLOVERSVILLE
4s
4.70s'13A-0 18,525.57 Oct 15'23-40
$12.000
1924
Street Bonds.
Gloversville is in Fulton County. 43
___ 22,000
Water Bonds.
330'00 A-0 $2,850r__Apr 1 1920 Incorp.
1919
a city Mch. 19 1890. having BOND. DEBT
3.40s J-D $80,0000_June 1 '20-'29 330'01 A-0
Nov 14 '16 $95,600
1
.750r_
_Apr
1
theretofore
'20-'21
formed
part of the town Assessed valuation 1916_ __6,393,973
4.458'12A-0 17,500r_Oct 25 '19-'32 3 Xs'02 A-0 5,520r-Apr
'20-'22 of Johnstown. Pop'n 1915, 21,178. School tax rate (per 31.000)'16_36.50
4X!'13 A-0 30,000 -_Oct '23-'32 0'03 A-0 5,400r--Apr11'20-'23
Local improvement Bonds.
Street Improveme
4s '04 A-0 8.125r Apr 1 '20-'24 430
--nt.
-__ $9.000__Jan 1 '20-'21
4s '09 M-N$32,000r_ _May 1 '20-35 4s '05 A-0 6,000r ..Apr 1
4,000____Jan 1 1920 GREENBI7RGH.
4.15s'14J-J 48,265.70-Jan '31-'43 4s '09 A-0 30.000r _..Apr '20-'25 Ois
This town is in Westchester Co.
1'20-'29 4
- -700 ____Apr 1 1920
430'15 J-J 35,000r.._July 1 '19-'25 -a '09-'10__ 48,000.76
Road Bonds
5,300
1920
School Bonds.
Fire-Department Bonds.
430'17
3-3
15 M-N$12,000_ _Nov 1 '20-'31
5s
5.200
1921
4s '00 M-N 2,050..__ _Nov 1919 5s '15 A-0 $14,625_Apr 1 '20-'34
Grade-Crossing Elimination.
5000.
1922
4s '09 A-0 10,000-Apr '24-'33
Park Bonds.
4,200
1920 4Xs'15 J-J $20.000--Jan 1 '21-'39
22,000__Oct 1 '20-'41 5s '15 A-0 $1.185_Apr 1
430'12
'20-'34 48 '18 .1-3
4,100
1921
Water Dist. Bonds.
4.60s'15M-S 25 000- ___Mar '20-'44
Lake Front Bonds.
3,800
1922 5s '15 A-0 *4.500- Jan 1 '20-'23
BOND. DEBT June 1919- $493,331 _s
$14,000
.800
1923
Other debt
Assessmen
City
-Hall Bonds.
23,000
5s '19 F-A f 1,550___ _Feb 1 1920 4Ms'14 J-J t Map Bonds.
Assess. val. real estate'18._6,867,446 15a '13 A-0 $60,000
$30,060....July 1 '19-'24
1919-1933
15,600__Feb 1 '21-'24
Total tax (per $1,000)'18 $39.53 and
Refunding Bonds.
Water Bonds.
Bridge Bonds.
4s '96 A-0$140,000o_ Oct
$39.78.
43(8'14 A-0 $50,000-Apr 1 '20-'43
430'12
26
M-N
$17,000c_
1926
Nov
1
'20-'36
Pop'n 1910, 10.480; 1915, 11.138 430'11 A-0 103.500c_Apr 1
23,000---Apr 1 1944
Water Loan.
'20-'31
* Excl. of $47,500 water bonds 430'11 A-0 18,500
430'13 J-D $50,000c_June 19'20-29 434s'13 A-0 25,000 ----1919-1943
TOT. BD.DT. July 1917.
issued since 1910.
Highway
Improvem
ent Bonds.
Deficiency
$636,938
Refunding
.5:
Bonds
INTEREST on sewer bonds of Assessed val., real estate 19,478,666 4s '97 M-N $28,000r-May 1 1922 4s '05 M-N$121.500 --1919-1933
and special franchises-1
48 '06 F-A
1900 and 1911 payable at the Citizens' Assess,
28,000-_Aug 1 '19-'32
Deficiency
Bonds.
val., personal__ _ 1,013,500 430'14 J-D $20,250__June 1 '20-'28 0(8'11 F-A 114,000r_Feb 1 '20-'38
Nat. Bank, Fulton; on sewer bonds
of 1910 at U. S. Mtge. & Tr. Co., Tax rate (per $1,000) 191-4_ ___$16.60
7.000---Aug '19-'25
Sch. Bldg. Const.(Board Educ.) 5348'13 F-A
INTEREST is payable part at the 434s
N. Y.• on the street bonds of 1909 at
6,500-July 1921'-26
$63,000__Sept 1 '19-'31 5s '16 J-J
City Treasurer's office, plan at the 434s
Hartsdale Water Bonds.
the City Chamberlain's office.
--- 120,000-Jan 5 '32-'55
Nat. Bank of America and part at the
4.408'12F-A $23.400__Aug 1 '19-'31
Fire Department Bonds.
Nat. Bask of Commerce, New York. 330'02
Aug $25,000r___Aug 1 1932
Funding Bonds.
FULTON COUNTY.
Is '04 F-A $79,000r-..Aug 1 1924
Refunding Railroad Bonds.
County seat Is Johnstown.
GERMAN FLATTS.
430'13
6.500r_Apr
Apr
1
'20-'21
Highway Improvement Bonds.
Elmsford Drainage Bonds.
This town is in Herkimer
($5.000 payable every two years.) 4 s'09 A-0 $44.000___
4s '09 A-0 $70,0000 Feb 10 '20-'26
Oct 6'19-'33
Refunding RR, Bonds. County.
$1,000-__Apr 1 1920 4. 56'10A-0
4.35s15F-A 50,000_Feb 10 '27-'36 314s
ct 6 '19-'31
$15.000
1919-1933 434s'15 A-0 { 5,000__Apr 1 1921 BOND. DEBT5,850...._O
Hospital Bonds.
Apr 1918- $642,000
ridge Bonds.
10,000.._Apr 1 '22-'23 Assessed val., real
5s '13 J-D $3,000r--Dec 15 1919 430
42,820,995
-_- $3,000
1919-1921 434s
27.000__Feb 1 '25-'28 Assessed val., personal
BOND. DEBT Apr 23 '19 $120,000 430
2,608,650
16,000
Refunding Bonds.
1919-1934
Assess. val. real estate.._ _ -28,063,831
Total as.sess.
1917
45,429.645
Highway Bonds.
430'17 J-J 1$7.000____Feb 1 1924 Tax rate (perval.
Assess. val. personal
$1,000) 1917_413.22
764.660 430
$9,000
1919-1927
120,000.-Feb 1 '25-'28 Pop'n 1910, 23.193; 1915. 26.129
60
NEW YORK-C1T1ES AND TOWNS.
[VOL. 108.
14,500
$2,500,000 4.4%
HALFMOON AND STILLWATER Assess. val. 1918
payable 1919, $3,500 annually
Tax rate (per 161,000) 1918-413.50 $500July
1 1920-1923.
(TOWNS) UNION FREE SCR. Population in 1916 (est.)
7,000
1920-1921
5s
--- $2,000
DIST. NO. 10.
INV. at Peoples' Bank, Haverstraw. 5s
1920-1923
4,000 .--P. 0. address Mechanicville.
$56,500
2
1919
May
DEBT
BOND.
ViY1
000
Nov
$1,500c.($1,
45 '15
HEMPSTEAD,TOWN.
Total assessed val'n 1918 2,043,156
4s '80 J-D 18.850r.($1,000 J-D
Hempstead Ono. Aprll 17 1784) Is Total
tax rate (per $1,000)'18_$17.00
7,000r.($1,000 yiy.
4s '06 J-D
now in Nassau Co., but was formerly Population
3,800
in 1919 (est.)
430'13 J-D 132.000.($4.000 yly.)__ in Queens Co., then including Far
Center.
5,000_($1,000 July)
4%8'15 July
Rockaway, Hempstead, Inwood, INT. at Bank of Rockville
Seaand
$160,350
Beach
8
May
'19_
DEBT
UNION
Rockaway
BOND.
(TOWN)
GH
Lawrence,
GREENBUR
FREE SCHOOL DIST. NO. 1. Tot. ass'd val.'18 (real est.)4,438,268 ford villages. On Jan. 1 1898 that HEMPSTEAD (TOWN) UNION
(Assessment 2-3 actual)
portion of the town lying "westerly of
This district (P. 0. Hastings-onFREE S. D. NO. 14. P. 0.
Hudson)is in Westchester County. Tax rate (per M.) for 1918..$16.90 a straight line drawn from the southWoodmere.
9,500 easterly point of the town of Flushing 44s'17
Population in 1919 (est)
School Bonds.
F-A$144,000-_Nov 1 '19-'37
through the middle of the channel TOTAL DEBT
(?)
55 '17 -__ $15,000
Sheland
Beach
HAMBURG.
between Rockaway
3,148,030
5s '18 Jan $15,000
real
val.
Assess.
This town is in Erie County.
ter Island, in the county of Queens, Assess. val. personal
72,950
(Due yearly on Jan. 2.)
Judgment Bonds.
to the Atlantic Ocean," became part Special franchise
52,354
BOND. DEBT Jan 2'19_ $86,000
5s '19 J-J $38,400__Jan 1 '23-'38 of New York City, under the Greater Total assess. val. 1916
3,273,334
Total assess. val. 1918
(?) New York Charter. This boundary School tax rate (per $1,000)'16 $7.20
7,386,475 TOTAL DEBT
(about act.)
in
Legislature
the
by
was changed
Sch. tax rate (per $1,000)'18_46.634
INT.payable at Bank of Lawrence,
HAMBURG (T 0 W N) UNION April 1899, and the new boundary is
FREE SCR. DIST. NO. 1.
that portion of the old town of Hemp- Lawrence.
GREENBURGH UNION FREE
north
County
and
Erie
east
in
is
This district
stead "bounded on the
SCHOOL DIST. NO. 2.
444g'10 J-J $34,800r_ _Jan 1 '20-'39 by the east and north bounds of the HEMPSTEAD UNION FREE SOH.
430'10 J-J $140,000c_Jan 1 '20-'47 BOND.
DEBT May 15 '19 $34.800 former village of Far Rockaway, and
7.000c....Jan 1 '20-'26
430'12 J-J
DIST. NO. 15.
3,267
val.'18. real estate...3.80
on the east by a line drawn due
Bonds.
BOND. DEBT May 1919 $147,000 Ass'd
(Assessment actual value.)
north from the northwest corner of 58 Building $11,220r
1930
Aas'd val. '18, real estate_11.025.528
the
of
line
_..$6.57
south
1917_
the
to
$1,000)
tax
village
School
(Per
said
r_May 1 '20-'34
M-N111,100
School tax (per $1,000) 1918 85.07+
'10
55
the
on
4,000
in 1919 (est.)
Jamaica, as it existed
of
Population
town
'19-'41
1
_Sept
M-N115,000r
Nat.
INT. payable at Irvington
INT. at Hanover Nat. Bk.. N.Y. thirty-first day of December 1897." BOND. DEBT Apr 9 1918 $259,260
Bank of Irvington,In N. Y.exchange
The bonds given below are those re- Assess, val. real
18,589,212
HAMBURG (TOWN) UNION
maining as a debt against the town Assess, val. personal_ _ _ _ f
8.
NO.
DIST.
SOH.
FREE
after assigning to New York City the School tax (per $1,000) '17..-$15.20
UNION
(TOWN)
GREENB1JRGH
a
to
County.
Erie
in
it
is
according
to
district
This
belonging
portion
7,000
(est.)
FREE SCHOOL DIST. NO. 3.
Dec 1 '16.... $25,000 decision of the Supreme Court of the Population in 1917
This district (P. 0. Dobbs Ferry) BOND. DEBT
INT. on first issue payable at the
Assess. val. real estate '16-1,392,816 Third Judicial District at Albany
Is in Westchester County.
at
others
on
Bank,
Say.
Riverhead
1357.
p.
67.70
69,
V.
See
1916
$1,000)
(per
1899.
Tax rate
Dec. 9
Building Bonds.
U. S. Mtge, & Tr. Co., N. Y.
Town House Bonds.
J-D $24,000c___$919-1924
ts
.
HAMILTON
5s
$60,000
-_J-D 20,000c.......1925-1928
4s
This village is in Madison County.
Road Bonds.
D UNION FREE SCR.
BOND. DEBT May 1919_ $44,000
1816; re-incorporated 48 '93 J-J S293,000c&r_July 1 1923 HEMPSTEA
Total assessed val. 1918..__6,576,793 Incorporated
DISTRICT NO. 17.
30 1900.
Nov.
Almshouse Bonds.
Sch. tax rate (per $1,000)'1845.23+
$28,000r_Apr 10 '20-'48
A-0
430'12
'19-'26
1
_M&S
M-S $16,000
BOND. DEBT May 1919_469,500
May 8' 19_ _ $28,000
INT. at the Dobbs Ferry Bank.
49,500 BOND. DEBT April 1919 $369,000 TOT. DEBT
Water debt (included)
1,038,915
val. real
870,950 Assess. val. real estate..__68.430,377 Assess.
Assess. val. real estate
30,700
personal
val.
Assess
467.050
25.200 Assess. val. personal
GREENBURGH UN.FR.DIS.N0.4. Assess. val. personal
1,069.615
1919..
1,644.825 Total assess. val.
8.726 Special franchises
438'11 J-J $43,000_-Jan 1 '20-'40 Other assessable property..
1919__ $7.40
$1,000)
(per
tax
School
2,252
39
1917_70,54
904.876
val
val.
Total assessed
Total assess.
J-J 43.000 --__1919-19
48
1,000
Population in 1919 (est.)
BOND. DEBT Jan 2 1919 $86,000 Total tax rate (per $1.000) -433.25 Net total assess. val. 191770.501,492
1,586 Total tax (per $1.000) 1918_ -$14.80
7,386.475 Population in 1915
Assess. val. (2-3 act.)
0
Pop'n 1910, 44,297; '18 (est.)_80,00 HEMPSTEAD UNION FREE SOH.
School tax (per $1,000) 191646.70+
6,000 HAMILTON COUNTY.
Population 1919 (est.)
DIST. NO. 20.
INT. on road bonds at First Nat.
INTEREST at First Nat. Bank of
34.20 '10 J-J $29,000r Jan 1 '20-'48
Lake Pleasant is the County seat
Bank, Hempstead; on almshouse
4.000c_July 1 '19-'27
J-J
Hastings-on-Hudson in N. Y. exch.
Funding Bonds.
bonds at Town Clerk's office, and 58
8.000r_Dec 31.'19-'34
J-J
6s '10 J-D$125,000c_June 1 '21-'40 on tovin house bonds at Bank of 4s
BOND. DEBT May 1919- $41,000
BOND. DEBT Apr 13 '17- $125,000 Rockville Center.
GREENE COUNTY.
1918_2,341,872
of
val.
fund
assess.
5,031.001
Total
invested
real
val.
an
Assessed
has
town
This
Catskill is the county seat.
Special franchise & personal 41,466 $500,000 on bonds and mortgages at School tax (per $1,000) 1918_$14.00
Court House & Jail Bonds.
6,000
(est.)
72
1919
act.)5.037,6
bonds.
val.'16(5%
Population
town
assess.
of
Tot.
sale
the
from
6%
_s
$98,000__Feb 1 '20-'27
rate (per $1.000) 1916_-__$8.00
INT. payable at L. I. City Bank,
-A 30,000o_Feb 1 '29-'31 Tax
48 '10 1,
4.491
1915.
4.373;
1910.
Population
Oswego
Bank,
Centro
Rockville
1933
eb
1
48 '11 F-A 10,0000.„F
D, VILLAGE.
Bank.
INTEREST at Northville Bank HEMPSTEA
Refunding Bonds.
This village is in Nassau County. Bank and Greenburg
48 '11 F-A S10,000c___Feb 1 1932 In New York exchange.
Incorporated 1853. Population 1918
Road Bonds.
HEMPSTEAD UNION FREE SCR.
(est.) 8.000; 1915, 6,073.
4s '11 F-A $10,000c_ __Feb 1 1920 HARRIETTSTOWN UN. FREE
DIST. NO. 21.
Fire Apparatus Bonds.
SCR. DIST. NO. 1.
5,000c___Feb 1 1934
48 '11 F-A
1921-1931 4s '91-J-J $2.400c -1919-1920
4.12s16J-D 320,000
County.
Franklin
is
in
district
This
'34-'39
1
48 '12 F-A 52.500c_Feb
Bonds.
Street
1,0000 ----1919-1920
'95_
4s
1919 48 '05 _J-J
4s '15 M-S 17.500c_Mar 1 '39-'41 4%3'09 A-0 $25,000r_ _Apr 1 '20-'44 _a
--- 81.000
2,000c ___1921-1924
J-J
2,500r ..Jan 1 '20-'24
J-J
48 '16 M-S 15,500____Mar 11041 4 Ms
Sewer Bonds.
A921-1935
30,000c&r_
J-J
4.608'08
1
_July
'19-'27
9,000r.
J-J
1942
1
44i.s'09
17.000____Mar
4.208'11 J-J $220.000r_July 1 '19-'49 4%8'15 J-J 30.000__Jan 1 '20-'25
4.8 '16 M-S 8.000....Sept 1 '25-'26 5s 13 M-S 23,000__Sept 1 '19-'41
Building Bonds.
BOND.DEBT Apr 11 '19_ _-$70,400
4s '16 M-S (20.000__Sept 1 '21-'24 BOND. DEBT May 1916_ $70,000 4.20s'll J-J $19,500r__July 1 '19-'31 Total
valuation 1918----3,667,239
1,000_ _Sept 1192.5 Assessed val.'15 (1-5 act.)_1,995,000
Park Bonds.
1918.414.10
BOND. DEBT Apr 19'19 3274.500 School tax (per $1,000) 1915_422.30 4.20s'11J-J $1,350r___Ju1y 1 1919 School tax (per $1.000)
5,500
at Bank of Rockville Centre.
INT.
14.058.313 Population in 1912 (est.)
Assessed val., real
Water Bonds.
.
UnionSay.Bk
and
.
205.300
1027 Far RockawayBk
Assessed val. personal
/NT. payable at Adirondack Nat. 3%8
$32.400
313.468 Bank, Saranac Lake. in N. Y. exch. BOND. DEBT May 12 '19 $294,250 of Patchogue and Ellenville Say. Bk.
Other assessable property_
007,081
Total assessed val., 1918A4.
Assess. val. real estate.._44,123,048
49,250 HEMPSTEAD UNION FREE
Total tax rate (per $1,000)'18 $21.40 HARRISON.
Assess. val. personal
Pop'n 1910, 30.214; 1915. 30.091
This town is in Westchester Co.
Assess. val. franchises__- 209,013
SCHOOL DISTRICT NO. 24.
Sidewalk Improvement Bonds.
Total assessed val'n 1919
INT.at County Treasurer's office.
58 '13 --- $23,000__July 1 '19-41
$8.248.35__Part yearly
5s
(40% to 50% actual).._..4,381,311 44.68'07
16,000r__Jan 1 '20-'27
Sewer Improvement Bonds.
Total tax rate(per $1,000)'19416.00 BOND. DEBT Oct 1914_ $50,000
GREENPORT.
1919-1924
....8182.000
,
430
7,500
Certificate debt
This village is in Suffolk County.
Highway Bonds.
1,432,111
Assess. val. real
Incorporated 1868.
$6,000r_ _Apr 1 '20-'25 HEMPSTEAD COMMON SCHOOL Special
J-D
48
31,300
franchise
BOND.DEBT Apr 22'19.. $25.750 4s
2,000r_Apr 1 '23 &'25
J-D
DIST. NO. 28.
1,463,411
Total valuation 1916
5.000
Water debt (included)._
J-D 119,000r_June 1 '20-'36
This district is in Nassau Co.
1916.-$12.00
8,000 418
Floating debt(addl)
,1925-1944 BOND. DEBT Nov 1916- $92,000 School tax (per $1,000)
100,000r
--1.696,800 4 s
Assessed val. real
TNT. on the Ois payable at the
9,000
5,000_.:$1,000 yearly Floating debt
71,950 4s s
Assess. val. personal
1919 Assessed valuation, real
7,111,535 Lynbrook Nat. Bank and Pough520
12,635 _s- Other assessable property
3,000 keepsie Savings Bank; on the 5s of
4,400
personal..
yarn.
Assessed
Total assessed val. 1918
15,000 1913 at Bank of Rockville Centre.
-Supply Bonds.
Special franchise
1,781.385 53 Water
(65% actual)
1944 Total valuation 1916
7,129,535
--- 39.000
Tax rate (per $1.000) 1918.. $13.00 45%s
0 yly. aft. School tax (per 31.000)'16-.33.10 HERKIMER.
___
36.00043.00
3,735
Population in 1915
1917
This village Is in Herkimer County.
BOND.DEBT Dec 13'16.4567,188
Inc. 1870. Population 1915. 9,577.
D UNION FREE SCR. 05%8'17
HEMPSTEA
,240
valuation
1916.-7,304
Assessed
F-A S3,000.-Feb 15'20-'22
GREENWICH (VILLAGE).
DIST. NO. 1.
--$19.10
Water Bonds.
This village is in Washington Co. Tax rate (per $1.000)
1915. 5,081 4.33s'll A-0 $35,750___Oct 2'19-'31 4.30s
1916-Population 1910, 4,226;
1919-1934
__ $31,000
Incorporated in 1809.
1931
INT. at Rye Nat. Bank of Rye 3.99s'09J-D 38,500r
Electric Light Bonds.
zPaving Bonds.
1931
7,450r
4 338'11F-A
1919-1928
$5,000
SO
3
43s'16 J-J 36.000r_July 1 '21-'32 and Mamaroneck Nat. Bank.
1927
5s '18 -__ 16,000
Municipal Bldg. Bonds.
4Ms'16 J-J 31.200_ _July 1 '19-'46
55 '18 M-S 40,000_ -Sept 1 '21-'28 430
ON HUDSON.
1919-1928
___ $15,000
BOND. DEBT May 27 '19 $38,200 HASTINGS
$137,700
'19
12
May
DEBT
BOND.
Co
in
Westchester
This village is
Fire Truck Bonds.
$1,019,176
Assessed val., real
5.461. Assessed valuation, real_ -_5,271,991 43is'16 ann $1,000
1915,
1919
Population
1879.
Inc.
value.)
actual
at
(Assessment
Assessed val'n, personal_ _ - 51,350 4s'16 ann
1919-1922
4,000
87.300 1918 (est.), 5,750.
Assessed val., personal_
Other assessable property_ - 209,379
Sewer Bonds.
Bonds.
Paving
62,500
Other assess. property......
20
_ $23,600 ____1019-1939 Tot. ass'd val.'18 (1-3 act.)5,532,7
48 '08 J-J $30,000c_July 1 '19-'33
Total asseased val. 1919.- 1,168.976
1919-1939 Total tax rate (per $1,000) 18413.00 5s '14 __8.400
787.36_$800 yearly
Tax rate (per $1,000) 1919-312.00 58 '13 -__,.
8,000 4.403'16F-A
Population in 1919 (est.)
Street Bonds.
3,008.60 Feb 1 20-'21
Pop'n 1915, 2,315; 1916 (est)....2,800 4.30s
J-J $24,000--...July '19-'26
Bank.
Hempstead
at
Bonds.
INT.
Sewer
z INT. at First Nat. Bank, Green- 5.3 '13 J-J 23,490_July 1 '19-'36
48 '03 M-S $10,000c_Sept 1 '19-'28
wich in N. Y. exchange.
Park Bonds.
UN. FR. S. D. NO.8. 4S6s'14 May 21,515...May 1 '20-'44
1919-1925 REMPSTEAD
4.353 --- 812,000
1919-1945
27,000
$35,000_ _Jan 1 '25-'42 4.558'15_
1927-1934 4148'15 J-J
___ 12.000
58
GROTON.
Improvement Bonds.
BOND.DEBT Aug 1915_ $50,500
1 '19-'27
Grade-Crossing Elim. Bonds.
c_Nov
This village is in Tompkins Co.
M-N$13,500
45%8'03
1,127,200
real
_1019-1946 Assessed val.,
_ 832,000 _
First incorp. in 1860. then again later 45%ss
Refunding Bonds.
36,500
franchise
BOND.-DEBT May 111-9_ $150,500 Special
In 1870.
'13 F-A $25,000__Aug 1 '19-'43
63,700
5.8
1916._..-1,1
val.
assess.
Total
Assess. val. 1918 (act.)__ _8,862,256 School tax (per $1,000) '16__$15.30
Water Bonds.
Bridge Bonds.
$8.00
$60,000_32,500 y'early
330'92 M-S $4,000r _Sept 11020 Tax rate (per MOW)1918
INT.at First Nat. Bank,Freeport. 4.60s'130ct
INT. at First Nat. Bank, HastDEBT Oct 30 '15_ 3194,098
31,0'92 M-S 5,000r.. _Sept 1 1922
BOND.
In New York exchange.
ings-on-Hudson.
'15, real eat., 4,475,928
val.
Electric Light Bonds.
Assessed
33js'18 J-J 311,000r_ __July 1 1926
Total assessed val. 1915_ -.4.772,869
$1,000) 1915__ 410.00
4 is'12 A-0 3,900r_ _ _8300 yearly HAVERSTRAW.
(per
rate
SOH.
Tax
FREE
UNION
D
This village is in Rockland County. HEMPSTEA
43'ft'14 A-0 2,000r_ _ _$500 yearly
DIST. NO. 9. 1'. 0. Freeport.
Inc. 1854. Population 1915, 5,418. 4s '02
Village Hall Bonds.
_Jan 1 '20-'22 HERKIMER UNION FREE SOH.
$6.0000_
J-J
Sewer Bonds.
3500c.._ 4500 yearly
3s'99 July
'07 J-J 25,875r_ Jan 1 '20-'34
DIST. NO. 1.
750c.. _ 4150 yearly 4.128'09 J-J $45,245-Sept 1 '19-'37 45
4s '99 Dec
'09.74 43,000r_ Jan 1 '20-'54 4s '07 J-J $24,000c_July 1 '19-'42
43(8'12 Sept 4,000c_Sept 1 '19222 4.105
Highway impt. Bonds.
3,000_ _July 1 '19-'21
J-.1
44s'13 J-J 70,000__Jan 1 '29-'46 48
4.403'14J-J $8,000r__ _$500 yearly TOTAL DEBT Mar 1 '19- $51,500 4 s'13 J-J
12,000-Jan 1 '24-'29 58
6,000r_July 1 '19-'24
J-J
10,000
5.500_Mar 15 '20-'42 Floating debt
5s'17 M-S
1 '20-'21 4.30s'12J-J
1919-1946
8,000__Jan
81.000
J-J
s'16
4
2,343,890
BOND.DEBT Apr 19'19_ _440.650 Assess. val, real estate
BOND. DEBT May 1919- $164,875 430'13 J-J 7.000c__July 1 '19-'25
26,500
personal
val.
Assess.
4,000
(water)
fund
Sinking
1 '19-'25
90,589
7,000c__July
1918-19-.6,1
val'n
ass'd
A-0
Total
4W15
. 92,413
9.000 Other assess. property
Water debt (included)
0)'18-'19413.90 BOND. DEBT Apr 25 '19- $128,000
-2,462.803 Tot.tax rate(p.$1,Q0
889,010 Total assess. val.
Assess. val. real estate
INT. at First Nat. Bank and at Assessed val'n, real estate..-4,777,696
415.65
_
1914_
(per
1918_..tax
$1,000)
24,450
Total
Assess. val. personal
the Freeport Bank, Freeport.
Assessed val'n, personal - 146,250
INT. at People's Bk., Haverstraw
Other assess. property 1917.... 4,464
Other assessable property_ - 52,020
Total assess. val. '18 (abt.
act.).4,975,966
10.
Tot. ass'd val.'18
NO.
D.
S.
F.
UN.
D
FREE
HEMPSTEA
UNION
AW
917,924 HAVERSTR
80% actual)
tax (per $1,000) 1918_411.06
School
P. 0. is Baldwin.
SCHOOL DIST. NO. 1.
Tax rate (per $1.000) 1918.. _411.52
/NT. on 48 payable at Nat. Bank
'22-'23
1
_Apr
Co.
1$2,000r
in
Rockland
Is
district
This
2,000
Vit.)
1919
1,445;
1915,
Pop'n.
pr 1 '24-'31 of Newport; on 58 and 4.30s at HerINT. payable at the First Nat. 58 '10 J-D $35.000_r_Vly on Dec 1 5s '16 A-0 {36.000r_A
2,000r__Apr 1 193 2kimer Nat. Bank.
$30,500
BOND.DEBT 1919
Bank, Groton.
GREENBTJRGH COMMON S. S.
This district (P. 0. White Plains)
Is in Westchester County.
School Bonds.
5s '19 M-N385,000c_May 1 '20-'39
(?)
TOTAL DEBT
INT. at the County Trust Co.,
White Plains.
JUNE, 1919.]
NEW YORK-CITIES AND TOWNS.
61
HERKIMER COUNTY.
HUDSON.
Paving Bonds.
Herkimer is the county seat.
4.458'14J-J $10,200----July
This city (incorp. in 1785) is the 4'10s'17 A-0
$136,000c Mar 1 '20-'36 430'15 M-S 10,068----Mar '19-'24
Highway-Improvement Bonds. county seat of Columbia
'19-'25
County.
Sewer
Bonds.
ral '15 J-J 22,820
4s '08 A-0 24,000
1920-1921
July 1925
Storage Dam & Bldg. Bonds,
4.10s17
A-0
$8,000c_Apr 1 '22-'29 4.20s16M-N 30,800
4s '08 A-0 120,000
1922-1931 4X13.14 F-A $14,500r_Aug 1 '25-'27 TOT.BD.DT.
May
1926
Mar 1919-- $272,000 4.605'17F-A 14,850_ ---Part yearly
45 '09 A-0 60,000.3._Apr 1 '32-'36
Cemetery Bonds.
Water debt
)._ _ _
78,000 4.80s J-D 22,878.54 June '20-'28
4s '11 A-0 72,0000._Apr 1 '20-'25 4s
M-N $2,000c___May 1 1920 Assess. val. (included
1919
7,007,062 4Xs
4Xs'15 A-0 102,000-$12.000 y'ly
J-J 11,293.15_ _Jan '20-'29
Water Bonds.
Village tax (per $1,000) 1918.-158.49
Fire-Department Bonds.
Apr 1 '26-'34
4s '04 July $77,000r_July 1 '19-'22
4Xs'11 M-S $23000r_Sept 1'19-'41
INT. at Irvington Nat. Bank
4Xs'15M-N 330,000__May 1 '20-'41 4s '05 July 50,000r_
July
1
'23-24
Building-Impt. Bonds.
Voting Machine Bonds.
4Xs'15 F-A
7,000r
.
1929 ISLIP.
6s '18 M-N$15,000_1919-1923
5s '17 J-J $15,000- _July 1 '20-'22
Recreation Ground Bonds.
Hospital Bonds.
This town (P. 0. Islip) is in Suf- TOT.BD.DT.May23'1931,475.573
4Xs'17 J-D $4,000_ __ _June 1 1926
Water debt (incl.)
5s '17 A-0 $24,000 ..Apr 1 '20-'43
folk County.
472,500
Street-Improvement Bonds.
Special assess. debt (incl.) 167,984
Home Defense Bonds.
*Sewer District Bonds.
4s
Feb $8,000o....Feb 1 '20-'23
5s '18 --- $10,000
1920-1922 48
168,300
/s'16 M-N$28,500__yrly for 20 yrs Floating debt(add%
M-S 16,000e_ Moh 1 '20-'27 43
AssessedIReal estate
Tuberculosis Co. Hospital Bds. 4 X5'11 M-N 25,000r.. May
22,368,488
1 '21-'25 GEN.BD.DT. May 6.19 $27,000
value Personal
58 '19 M-S 150,000
1920-1949 00'13 J-D 27.800r -1925-1930 Assess. val., real estate__ -21,268,236
183,750
BOND. DEBT Apr 21 '19 $907.000 44s'15 F-A 26,100r
Special franchise 1,522,534
1926-1928 Assess, val., personal_ __ _ 878,200 (68%
Sinking fund
act.) Total
24,074,772
Other assess. property___ 703.200
46,000
Refundi
Loan.
Prop.owned by munic.(est)3,862,756
Assessed valuation, real_ _39,226,505 4Xs'19 A-0ngS5,000-Apr
Total
assess.
val.
1918.....
.22.849.6
36 Total
Assessed val. personal
rate (per $1,000)'18336.21
611,875 4s '10 F-A $5,000r_Feb1 '20-'24
Tax rate (per $1,000) 1918_
$9.40 Pop'n tax
1
1920
Total valuation 1918
1915, 37,780;'19 (est.), 38,000
39,838,380 4a '10 A-0 5,000r-Apr 1 1921 Population in 1915 (census) _17,568
Popula'n 1910, 56.356; 1915, 64,109
INT. on water bonds payable at
* Sewer Dist. bonds will_-be paid
School Bonds.
INTEREST is payable at the Her- 3 Xs
U.S. Mtg. & Tr. Co., N. Y.; on other
M-S $6,000r_Sept 1 '19-'21 for by district and not town as a coupon
kimer Nat. Bank in N. Y funds.
bonds at Chase Nat. Bank,
3Xs
A-0
500r -Apr 1 1920 whole. The town simply guarantees N. Y.; on
registered bonds at James4 s'13 A-0 75.000r_ _ -1925-1
932 payment.
HILTON.
town or in New York exchange.
4Xs'15 F-A 110,000r
INT.is payable in Sayville.
1925
This village is in Monroe County5.000r
1926
Incoreorated in 1885.
JAMESTOWN UN.FR.SCH.DIST.
43s'15 A-0 6,000r
1927 ISLIP (TOWN) UNION FREE
BOND.DEBT May 19 '19..$53,50O
4s
J-J $20,000r ____1919-1922
6,700r
SOH. DIST. NO. 1 (P. 0. Bay 55
192$
Assessed val'n, real estate__ _640,292 4s'17 J-D
'07 J-J 105,000r_Nov 1 '23-'36
4,000
Jan 1926
Shore).
Assessed valuation, personal_ 44,850 43 s'18 F-A 11,500
450'11 J-D 90,000r_Deo 1 1919-27
BOND.DEBT May 17'19. $25,000 58
Assessed valuation,franchises 8,002 BOND. DEBT May 1919-1919-1924 Sinking
'13M-N 80,000r-_Nov 1 '19-'26
fund
$393,800
2.000 4Xs'14
Tot. ass'd val.'19(60% act.)_693,144 Water debt ((ncl.)
55,000r-Nov
19-'29
134,000 Assessed yarn,real estate-.6,012,795 5s '16 M-N
Tax rate (per $1,000) 1918--$14.93+ Sinking funds
J-J {2
.9,000r_July 1 '19-'23
School
38,451
tax
(per
31.0001
1916-.4
5.20
Population in 1918
4,000r--July 1 1924
900 Assess, val. real
4,997,269 Population (estimated)
5,000 BOND. DEBT Apr 1919 3379,000
Assess val personal
231,435
Assess, val., real estate__22,447,765
HOLLEY.
Other assessabl
166,020 ITHACA.
Assess, val..
This village is in Orleans County. Total assess. vale prop
.___ 212,050
This
city
5
394
is In Tompkins County. Other assess. personal
724
Inc. 1867. Pop'n 1915, 1,780.
property_ 1.357.55
Total tax (per $1,000) --_-$35./12-1Incorporated 1888.
Total assess. val. 1919.._ _24,017,3652
Electric-Light Bonds.
Popula'n 1910, 11,417; 1915, 11,544
Bridge
Bonds.
School tax (per $1,000) 1919-$13.08
4s
Aug $2,000
1920-1921
INT. at office of City Treasurer.
43
J-J
--1919 to1926 Population in 1914 (est.)
5s '15 May 1,500r_Aug 1 '19-'20
40,000
Refunding
$14,000Water -Bonds.
Paving Bonds.
INT. on all bonds paid direct to
HUDSO
4.3108
N
$698.000r
FALLS.
J-J
..
_July 1 1927 holders of same.
430'14 M-N $4,500-Aug 1 '19-'23
This
village, formerly Sandy Hill, (Ot.$30,000 to $50,000
- ann.'13-27)
Sewer Bonds.
in Washington Co. Inc. in 1810.
4
J-J $162.000r.. _July 1 1942
Aug $53,200_ _Aug 1 '19-'37 is Sewer
5s
JEFFERSON COUNTY.
improvement Bonds.
Bonds.
Water Bonds.
Watertown is the county seat.
F-A 330,000-Aug 1 '19-'30 434s'19 J-J $100,000
334s
58 '18 __ $55,000c
1923-1943 34s
Highway Bonds.
Water
F
-A
Bonds.
11,020.1
6Aug
1 '19-'30
BOND. DEBT May 1919-$116,200
Is
'07 F-A $30,000r _Feb 1 '20-'25
4s
Paving
J-J $50,000r......Jan 1 1944
Bonds.
Assessed valuation
992,337 4 Xs
45 '09 Feb 50,000r ..Feb 1 '20-'29
F-A $30,800---Aug 1 '19-'32 4s '06 J-J 75,000r
Jan 1 1946 4
Tax rate (per $1,000)
$17.13 3.8s
Xs'16
A-0 65,000r_Mar 1 '20-'32
45
'07
F
-A
J-J
20,593.4
60,000r_
4Aug
__Jan 1 1947
1 '19-'32
INT. at State Exch. 13k.. Holley. GEN.
Refunding Bonds.
4 Xs'08 J-J 31,000c&r_Jan 1928
BD. DT.June 1 '19..
5s '18 M-S f$75,000__Mar 1 '20-'34
Assessment debt (add'I)___ $92,414
(Subject to call begin. Jan 1 11913.)
HONEOYE FALLS.
4,157
1120,000_-Mar 1 '35-'40
val. '171Real est..2,218,855 48
J-J 1
__Jan 1 1928
This village is in Monroe County. Assess.
Jail Bonds.
to 2-3 act.)1Total_ _ _ _2,245,3
$14,000r
beginnin
_- g Jan. 1 '13.)
Incorporated in 1838.
19 (Subject to call
46
Tax
'09
F-A
rate
$40,000r....Feb 1 '20-'27
4s
'09
(per
J-J
$1,000)
10,000r_
1918.--$
__Jan
1 1927
BOND.DEBT Mar 1 1919-J37,800 Populati
19.70
Hospital Bonds.
Assessment debt (additional). 2,000 INT. on in 1915
5.585 (Subj. to call beginning-July 1 1913.)
at U.S. Mtg. & Tr Co.. N.Y. 48 '12 J-J 50,000r-.,July 1 1927 48 '11 F-A $15,000r_ _Feb 1 '26-'28
Water debt (included)
36,000
4 Xs'16 A-0 25,000r_Mar 1 '29-'33
Sewer Bonds.
Sinking fund (water)
1,500
4s g
J-J S52,500c&r_1919-1925 BOND.DEBT Apr 19'19 $420,000
Assess. val, real estate
747.500 HUNTINGTON.
Sinking fund
Funding
.11,612
Bonds.
Assess. val. personal
This town Is in Suffolk County.
28,900
4s '06 J-J $20,000o_July 1 '19-'22 Assessed valuation, real_ _ 54,280,016
Other assessable property
Sewer-System Bonds.
26,755
Assessed val'n, personal
.
School
1.542.25
Bonds.
Total val
58
'15
J-J $98,000-July 1 '20-'44 3 Xs
803,155
Other assessable property.. 1,282,290
J-J $20,000r
2
Total tax rate (per 81.000)---$12.60
1929 Tot. val.'18
Sidewalk Bonds.
(80 to 85-%act)57,104.558
Creek and Drainage Bonds.
Pop'n 1915, 1.258; 1918 (est.), 1,300 6s
Total tax rate(per $1,000)'16410.20
$240
--45
'07
F-A$100,
000r_Aug
'22-'41
1
Park Bonds.
BOND.DEBT Jan 1 '19.$1,356,500 Pop. 1910, 80,382; '18 (est.) 85.000
H00810/I FALLS.
4.40s ___ $3,750
Water debt (included)__ _1,150.000 INT. at office of County
This village is in Rensselaer County.
Highway Bonds.
Floating debt(additional):
Inc. Apr. 14 1827. Po'n '15. 5,406. 5s
15,000
$2,000
Sinking
fund (water)
Public-Building Bonds.
248.830 JOHNSON CITY.
5s
17,500
Assess. val. real
This village is in Broome County.
3.80s M-N$13,715- _Nov 1 1930 BOND.___
14.715,0
10
DEBT May 1919. $146,490 ASSOSS. val. personal
Grading and Paving Bonds.
388,200 Inc. as village of Lestershire in 1892.
Assessed valuatio
Other assessable property_ 987,147 Name changed to Johnson
4.15s 6'08 JulY $33.346. (IrJiy1'19-32 Population 1915 n 1916-14.192,070 Tot.
City
val. 1918(X act.). 16.090,847 March 29 1916. Pop'n 1915, 5,400.
15.244
Water-Works Bonds.
Total tax (per $1,000) 1918-$27.37+
Paving Bonds.
4.30s'07 J-J $43 200r _July 1 '19-'26
Pop'n
1915,
16,750;'18 (est.), 17,500 4.35s'll A-0 $18,000o
GEN. BD. DT. May 8 '17..$67,715 HUNTINGTON UNION FREE •
_1919-1935
INTEREST on the $10,000 water 58
Water debt (included)
s-a
11.000r___Apr 1 '20-'27
SOH. DIST. NO. 3.
54,000
Assessment debt(add 1)
This district is in Suffolk County. 48 due 1927 and the 4s due Aug. 1 58 '18 --- $14,500
1919-1933
38,236
1922-194
1 at the Ithaca Savings
Water-Works Bonds.
Assess, val., real
_ __1,709,062 4;0'08 J-D $82,500r_Dec 1 '19-'39 Bank; on
other water bonds at 4)4s'07 M-N $4,500r_ _May 1 '20-'27
Total val. 1916(90%
estateact,)_2,144,337 5s 13 M-N 58,200r-May 1 '20-'38 Union
3.40s
Trust
Co.
and
M-N
Columbi
Tax rate (per $1,0001) 1916---$13.74 TOTAL DEBT May 6 '18_ $142,500
4,9000.._ May '20-'25
a
3.35s M-N 4,000c__ _Nov '19-'26
• INT. payable at Hoosick Falls.
Assess, val., real estate........4.358,140 Trust Co.. New York.
55
J-D
7,300o_June 1 '19-'23
Asses, val. personal
$76,091
JAMES
HORNELL.
4.555'13
TOWN.
J-D 14,000c--$1.000 in 5
Total asses.4. val.
_
,237
This city is in Chautauqua County
This city is in Steuben County. School tax (per $1,000) 1917_ -_4,434
yrs.& $500 each 8 mos. thereafter)
'17..-J14.20 Inc. Mch.31 1886. Pop.1915.37,
Name formerly Hornellsville, but Population in 1917
58 '14 F-A
6.000r_Aug 1 '19-'24
7
(est.)
changed by Chap. 288. Laws of 1906.
Bridge Bonds.
Municipal-Building Bonds.
INT. payable at First Nat. 7.500
Inc. 1888.
430'10 J-J $50,000r___July 1 1930 3.35s J4 84.0000--July
of Huntington, N. Y..in N.Y.Bank
'19-'26
exch.
3s' 16 M-NS30.000r_May 1 '20-'21
City-Hall Bonds.
Sewer Bonds.
45 '95 M-N $65,000r_May 15 1925 3.85s M-S $24,100r ..Sept '19-'34
Bridge Bonds.
58 '14 J-J f$10,000c July 15 '19-'23 ILION.
6s '18 F-A
4.85s'13J-D 12,000r_ _June '19-'30
5,000r-__D
ec
1
1919
This village is in Herkimer County.
Park Bonds.
Paving Bonds.
1 3,000c__July 15 1924 Inc.
Apr. 1 1865. Pop'n 1915.8,900. 4.s '08 J-D $20.000r_ Dec 30
Park Refunding Bonds.
--- $15,000
1938 5s
1919-1933
Paving Bonds.
018'13 j-J $30.000r ----1919-1931
Park & Monument Bonds.
Lighting System Bonds.
5s '13 J-J $124,608__July 1 '19-'42 438'19 M-S $36,000__Mar 1 '20-'29 43s
Fire Station Bonds.
__ $7,000
_1919-19
35
___
5s
47,218.35 -1919-1945
4 Xs'll A-0 $27,000o
BOND. DEBT April 1919.. $113,500
Paving Loans.
Water Bonds.
Water Bonds,
4s '09 A-0 $10,079.46r-Oot 1 1919 Water debt(included)
41,400
___
4s
385,000
3Xs
4 X5'10 J-D
F-A $175,000e-Aug 1 1921
7,319.60r_J'ne 30 '20 Assessed valuation
4,327,041
_ _ 36,000_ ___$3,000 1922
4s
3Xs
F-A 14,500c_Feb 1 '20-'21
y'ly 434s'12 A-0 5,200r __Oct 1'19-'22 Total tax (per $1,000)
$37.00
4315'15 M-N 75,100r_May I '20-'44
43s'11 0 40,000c-Apr
4.40'12 J-J 12.000r _July 1 '19-'22
INT. at Workers' Trust Co.
1
(suc'20-'24
Fire
Truck
Bonds.
Sewer Bonds.
58 '13 J-J
4.500 __July 1'19-'23 cessors to the First Nat. Bank).
School_ . $1,000
6s,
as
M-N $80,000o_May 26
'13
5s
M-S
Johnson
2.250
__Sept
1919
City.
1
'19-'23
'20-26
Bonds.
Paving Bonds.
48 '09 J-D 10.079.14___Dec 1919
___ 813.500
4s
58 '13
1919-1927 4.45s'14J-J
7,800.......July '19-'24 JOHNSTOWN.
86,000r.Oct 1''19-'21 4
s
--- 44,800
Grade-Crossing Bonds.
This city is in Fulton Co. Inc.
1919-1946 430'15 M-8 5.700---Mar '19-'25
4
s
89,000..
40'11 A-0 S34.000e
..
--$3,000 y'ly 5s '15 J-J
8,400_July '19-'25 1895. Population 1915, 10.887.
_Apr
1
'21&'31
Sewer--Bonds.
BOND.DEBT May 31 '19.
as
'16
M-N
7.000__
Funding Bonds.
__Nov
'19-'26
$225,000 4Xs
--Water debt (included)
__Jan 1 '20-'35
Sewer Bonds.
5s '15
$20,000c8cr June 1 '-20'25
224,000 4.60s'15___ $17,700.
Basking fundsI General
30,000......Jan 1 '35-'45 334s'93 M-S $50,000r___Mch 1 1923 55 '15 J-D
J-D
4,000
13,700
1919
30,000
1Water
1920-1937 48 '93 J-D 111,000c&r_Deo 1 1923
RR. Refunding Bonds.
40,000 41
slectric-Light Bonds.
Assess. val. real
4s
'97
4s
M-N
46,000_
'19
J-D
_May 1 '19-'42
6,000
7.366,400 3Xs
1919-1923
-_- $12,000_41,000 yearly 48 '98 J-J 20,000-__M
Assess. val. personal
Water Bonds.
ar 15 1928
_ 15,000-$1,000 yearly 3;0'00 J-J 20,00......July
Other assessable property.... 149,800 3 xs
1 1920 4s '95 J-D $25.000c-Dec 1919&'23
442,350 BOND.DEBT
Total val. '18 (80% act.)_7,
June 1916-$485,155 45 '01 J-D 25,000r___June 1
1.000o-Apr 17 '20-'21
1921 4s '00 A-0
958,550 Water debt (included)
City tax (per $1,000) 1918-$1
217,000 4s '02 J-D 20,00.... June 1 1922 430'18 J-D 50,000
1923-1932
Total tax rate (per $LOW)'18 5.54+ Assess. val.'16
5,208,329 48 '08 J-D 42.000r_Deo 30 1928 4549'18 J-D 25,000
1933-1937
$33.22 Real value (WO_ _-.. -12,000,
Pop'n '15. 14,352; '19 (est.),
Xs'15
4
M-N
15,000_ -_ _Mar '20-'25 5s '17 M-S 95,000__Sept 1 '19-'37
000
15,000
Village
tax
(per
INT.on water bonds at Chamber
81.000)
-_1916_
Refunding Elec. Light Bonds.
Paving Bonds.
INT. at Ilion Nat. Bank in_313.20
lain's office' park bonds
48'03 J-D $17.000r _ _Dec 1 '19-'23 5s '14 .1-J 310.000
Ilion.
at Amer.
1919
Exch. Nat. Bk., N. Y.; park
4s '01 J-D 12,000r_June 1 '20-'31 5s '17 J-J
3,100
refund1920-1921
ing bonds at Nat. Bank of
4.60sJ-D
QUOIT.
30,000__Dec 1 '19-'33 5s '18 J-J
8,000
1920-1922
Commerce, IRONDE
N. Y., or Chamberlain's office;
This
town
Sewer
is
Bonds.
in Monroe County.
Hospital Bonds.
sewer GEN.
bonds at Hanover Nat. Bank, N.
BD.DT.May 1 '17_ $17,000 430'l0
y.;
$50,001)r- _ _Jan 1 1930 58 '11 M-8 j$24,000-Sept 1 '19-'26
paving bonds also in New York.
Water dist. debt
1 20,000_ _ Sept 1 '27-'31
_ 37,250 4 Xs'll 1.1-S 30,750 _ _ Sept l' 19-'41
Assess. val. real estate_
5s
'13
_- 15.000__Dec 1 '19-'33
(add'1)__
_ --5,052,
9,000_ _Apr 1 '20-'22
270 4.308 -HORNELL CITY SOH, DIST.
58
Assess. val. personal
'16
J-J
6,000r__Jan 1 '207'25
Grade
Cross'g
31,000
Eliminat
This district (P. 0. Hornell) Is
Other assessable property_ _..187,840 45%s'18 ann $26.962.98_Febion1 Bds.
Bonds.
in Total
1921 4s School
Steuben County.
'98 June 17,500r June 15'20-'22
assess. val. 1916_-5,271,110 4 Xs'17 ann 25.733.55_Feb 1 1921
BOND. DEBT May
M-S 42,000c_Mar 1 '20-'29
$28,000 Population in 1915
4,603 4.90s F-A 17,198.01_Feb 1 1921 434s'09
Ass'd vat. 19 (real&per1919..
4 s'10 M-N 11,000r-Aug 1 '19-'29
s'1)-8,102,870
Water Bonds.
School tax (per
Revenue
$1,000) '19.... $11.35 IRVINGTON.
4s '03 A-03300 000r_ _Moll 20 1943 6s '18 A-0 Bonds.
*9400
This village is in Westchester Co.
1919-1923
1 60.000o- Mch31 '20-'23 BOND. DEBT
HORSEHEADS.
June 17 '19 $382,000
Inc.
1872.
Populati
on
430'13
M-N105.000c_May 1 '20-'33 Sinking fund
1915,
2.388.
This village is in Chemung County.
Main
26.757
Sta. Bonds.
Paving Certificate Fund.
Incorp. in 1837. Pop'n 1915, 1,949.
Assessed
valuatio
n,
real...-3.535,690
ann $1,000r ....at any time Assess. val, spec.franchise
BOND.DEBT June 10'19-428,250 4Xs '15 F-A $28,000-Aug 1 '20-'33 5s
s
Water
299,693
Bonds.
ann
'09
5s
1,526.20r_Oct 1 1919 Assessed yarn. personalWater debt (incl.)
23,250 4s '07 A-0 $8,000o
308,800
1922 5s '09 ann
1,315.37rDec 30 1919 Bank stock
Assess. val. real
638,341 45 '09 J-J
848,439
4,0000
1922 5s '10 ann
740.63rDec 30 1919 Tot ass'd val '19(3-5 act) 4,992,62
Assess, val. personal
4,900
4;16'11
A-0
2
22,000r
1930 58 '10 ann 1.954r_Oet 31 '19-'20 Property owned by city.-Assess. val. franchise
64,515 3qt
800,000
.e99A-0 32,0000
1928 4.40'12 J-J
14.400r__July 1 '19-22 Tax rate (per 31.000)
Tot. val. '19 (65% act.)__ -707,756
1915„--$
4
s'16
39.00
A-0
12,000-450'12
-Oct
A-0
1
'19-'30
3.600r -Oct 1 '19-22 INT. on building lot
Total tax rate (per $1,000)'19
bonds at
Town-Halt Bonds.
58 '13 J-J
8,400__July 1 '10-'23 Johnstown Bank;
Pop'n 1910, 1,778; 1919 (est.).$14.86
school bonds of
2.000 4s '00 J-J $22,000o
1929 5s '13 M-S 12.000-Sept 1 '19-'23 1909 at First Nat.on
Bank. N. Y
62
NEW YORK-CITIES AND TOWNS.
53 '08 M-S 360,200c-_,Sept I 1931 LAWRENCE.is in Nassau County.
This village
[VOL. 108.
Refunding Bonds.
4.80:3'17A-0 $40,000.._Oct 10 1919
M-S 3.315.98c Sept 1 1920
School Bonds.
1915. 1.870.
Population
1897.
Inc.
$70,515
'18
7
May
DEBT
BOND.
1899. Population 1915. 1,700.
330'98 July $31.800r_July 1 '19-'35
Grading and Paving Bonds.
9.000,000
Assess. val. 1918
11,000__July 1 '19-'29
Improvement Bonds.
.84 4.158.10J-J $39,000 __Jan 1 '20-'37 430'14 July
Aug 23,000r_Aug 1 '19-'41
430'06 J-D $21,080r_Deo 1 '19-'35 School tax (per $1,000)'17......$8
430'16
1
ly
'19-'29
33.000r..Ju
J-J
'13
5s
17,000
Population in 1914 (est.)
Fire Bonds.
Bonds.
Paving
'19-'41
ly
1
69,000r_Ju
4.80s'12J-J
1921-1926
$3,000
_s '16 s-a
INT. on 4s at State Comptroller's 4.60g'15J-J I 2,000r__Jan 1 '20-'23 _s '15 July 8744.35___July 27 1919
1919-1938
Street Bonds.
office; on 430 at West Side Say.
140,000r_ _Jan 1 '24-'43 43is'15 M-N 50,000
4.65g'07J-J $22,070__July 1 '19-'37 Bank, N. Y.; all others at LackawanBOND.DEBT May 12 '19.8481,590
Street Bonds.
245.000
)
Water debt k
5s g '07 M-S 21,318r_Sept 1 '19-'37 na Nat. Bank.
'19-'33
1
ug
$15,000r-A
F-A
'17
58
444__Mar 1 '20-'21
Assessed val'n, real estate_ _7,082,975
55 '16 M-S
Bridge Bonds.
236,575
_
4,025
val'n,
personal_..
Assessed
530'18 _ 1
4.80s13J-D 36.000r_June '20-'31
550__May 1 '24-'25
402,325
Other assessable property
5s '19 M-N
Bonds.
This village is in Essex County. __sRoad _
Water Bonds.
1929 Tot.ass'd val.'18 (709'ac97,721,875
bond
Last
200_
$27.
5s g '07 M-8 $3,800r_Sept 1 '19-'37 Inc. 1900. Population 1915, 1,977; BOND. DEBT May 1914_ $197,200 Total tax rate (per $1,000) 19-$29.45
1,778c__Jan 1 '20-'24 1918 (est.), 2,300.
4.708.10J-J
2.990
INT. payable at City Treas. office.
$84,200 Total value '13(40% act.)_4,25
8,000__July 1 '19-'26 Water BondsJ4;is
5s '02 J-J
1913._$8.00
2,400 Village tax (per $1,000)
15s
1919
325
s-a
_s '16
N.Y.
Co.,
Tr.
Sc
Mtg
U.
S.
at
Int.
36,704
LITTLE VALLEY.
Refunding 5s
Real Estate Purchase Bonds.
18,700
This village is in Cattaraugus Co.
58 '03 A-0 $1,200___Oct 1 '19-'23 Sewer 430
6,000
5s
Incorporated in 1876.
1,700-__Jan 1 '20-'21
4.60s11J-J
County.
Genesee
in
is
village
This
25,600
BOND.DEBT Feb28 1919. 338,811
Electric-Light14;is
Funding Bonds.
4.084.
1915,
Pop'n
1834.
422,285
10,800 Incorp.
15s
Assessed valuation, real_
4.658.13J-D $22.000__Dec 1 '19-'40
Municipal Bonds.
16,454
Assessed valuation, personal 43,350
5s '17 M-N 23,529r ____1922-1944 Electric light refunding 53_
19194930 Other
312,000
18,842 5s
assessable property__ 27.862
Sundry refunding 5s
Sewer Bonds.
Bonds.
Water
493,497
2,000
Total valuation 1918
430'11 M-S 5,950-Sept 1 '19-'25 Fire House 5s
$2,000-Aug 1 '19-'20 Tax
5,040 4.40'15 F-Al1100,000_
rate (per $1,000) 1918-.418.82
430'15 J-J 20,000__July 1 '20-'39 Park 410
_Aug 1 '21-'45
1,400
15.400
Population in 1918 (est.)
1919-1924 Sidewalk 5s
3.600
_s '16 s-a
'19-'37
10
v
38,000_No
67.400 4.404
1922-1939 Paving 5s
5s '17 M-N 9,000r
e 1 '20-'34
15.000c_D
D
4.35s'15J500
5s........
ent
Street Improvem
850
5s'18 _,. _
BOND.DEBT May 1 1918 8170,000 LIVINGSTON COUNTY.
Paving Bonds.
158.000
5s '19 M-N 6,000.. May 1 '24-'43
Water dent (included)
Genesee is the county seat.
___ 824,800
4s
5Y
Storm-Water-Sewer Bonds.
Assessed val. real estate-.2,350,262
Road Bonds
$310,040
1
'18_
Aug
430'16 J-D $17,000r-Dec 1 '21-'40 BOND.DEBT
8,412 4.20s'16M
1917-2,42
value
assessed
Total
ar $11,500____Mar 1 1920
228
Assessment debt (add'1)___
Lighting Bonds.
2.50
1921 1922
Tax rate (per $1,000) 1917---$1
_-- 25.000
4543
123,304
1
'20-'24
(incl.)
Jan
debt
$1,500r__
Water
4.708'10J-J
Improvement Bonds.
Highway
2,381,000
2,000_Dec 1 '19-'22 Assess. val. real estate
43fs'13J-D
1923-1925
--- $36,000
5s
14,450
5s '07 M-S 1,900__Sept 1 '19-'37 Assess. val. personal
872,500
BOND.DEBT Apr 19,19
5,495
4,500__June 1 '20-'26 Other assessable property
4.40s'14J-D
This district is in Genesee County_ Assessed val'n, real & pers.31,073,296
Total assess. val.'18 (act'l) 2,400,945 430'09
Paving Bonds.
Jan $70.000r_Jan 1 '20-'43 Population in 1915
38,427
'16_312.95
$1,000)
1919-1923
rate(per
tax
Total
,692
'18$7
5s
BOND.DEBT Apr 19 1'9-- $70,000
TOT.BD-.-DT. Oct 1917.:_$219,494 INT. at Bank of Lake Placia.
Assess. val. real & pers'i___3,392,830 LOCKPORT.
6,069
Sinking fund
70
School tax (per $1,000) 1918-$12.
This city is in Niagara County.
Ass'd val. '17 (60% act.)_2,703.590
Population in 1914 (est.)_-_-,-5,000 Inc.
812.38
11 1865. Pop.'15. 18.749;
Tax rate (per $1,000) '17
This village is in Chautauqua Co.
INTEREST payable at Importers' 1919Apr.
(estimated), 22,000.
INT. payable at Treas. office.
York.
in
1893.
Incorporatea
& Traders' Nat. Bank, New
Bonds.
School
Bonds.
Water-Works
HIRE-See Johnson City. 00'14 Jan $60,000r_Jan 2 '20-'28
4s '06 M-S $20,400_Mar 1 '19-'35
20,000r__Jan 2 '20-'23
43.(s'16
$37,000
1
Mar
'15
DEBT
BOND.
H,
This district (P. 0. Station
48 '17 Mar 12,000r__Jan 2'20-'27
775,430
Assessed valuation
Kenmore) is in Erie County.
seat.
Lowville is the County
Street-Improvement Bonds.
Tax rate (per $1,000) 1913-$10.00
School Bonds.
Highway Bonds.
702
58 '12 -- $10,240__Dec 1 '19-22
J-D $30,250____$2,750 y'ly Population in 1915
430
$9,241.16Feb 1 '20 '33 53 '15 --5.820-Jan 2'20-'25
-s
A-0 46,000 $2,300 y'ly be'31
430
7,223.14Feb 1 '20
_s
5s '12 Dec 15,800__Dee 1 '19-'34
ginning 1921
10 '20 '37 5s '13 Aug 37,080__Dec I '19-'37
-Feb
36,000
'14
_s
This village is in Erie County. Inc. _s'15 -- 21,000_Feb 1O'20-'40 5s
BOND.DEBT June '7 '19- $76,250
200____Feg 1 1920
2,908,311 1847. Population 1915, 5,094.
Assessed val. 1918...
-1919-1928 58
2,058
___
53- 10,000 Paving Bonds.
Tax rate (per $1,000) 1-91.8........814.49
$86,569 4.45s -_- 19,411
-T9
22
Apr
liEBT
BOND.
2,800 4.40s'l1A-0 $8,034.88 Apr 1'20-'21 Ass'd yarn, real astate_-_11,891,057
Population 1919 (est.)
y Bonds.
8,958.305ep 1 '19-'21 Assessed val'n, personal_ 357,671 5s Deficienc
INT. on bonds of $30.250 issue 430'11 M'S
'15 Jan 86,000____Jan 2 1920
8,200--Aug 1 '19-'22 Tot.ass'd
payable at Buffalo; remainder at 4.40s'12F-A
val.'18(84%act)12,248,728
Fire Apparatus Bonds.
Kenmore.
5s '13 M-N 4,000-__May 1 1923 Population in 1915
25.947 5s '17 Jan $6,000... Jan 2 '20-'21
Sewer Bonds.
Bridge Repair Bonds.
4.40s A-0 $150.0000_Apr 1 '20-'49
(Town).
$950
--5s
16,000__Sept 1 '23-'54
town is in Niagara County.
This
This district (P. 0. Hudson Falls) 53 '18 M-8
Bonds.
1
'23-'52
ept
5s '18 M-S 15,000__S
$66,420-Apr 1 '20-'37 4s Water
is in Washington County.
430,87
'06 J-D $296,000c_Dec 1 '19-'38
Water Bonds.
Bonds.
High-School Bonds.
Ss '07 J-D 36.000r_Dec 1 '19-'36
g F-A $29,000odcr Aug 1 '19-'25 5s WaterDec $5,000r
4 s'17 M-N130,000c_Nov 1 '24-'49 330
$215.158
4.30s'08J-D 24,000r_Dec 1 '19-'36
DEBT Apr 19'19(Due $1,000 yearly from 5 to 9 years 5s
4 s'17 M-N 15,000c_Nov 1 '19-'23 BOND.
9,600r-Jan 2 '20-'25
'15 Jan
Water d't (add'i) Apr 13'17 18,000
from date.)
Building Bonds.
Hospital Bonds.
1,114,550
estate
real
val.
Assess.
Dec 1916- $77,500
DEBT
BOND.
4s '97 Oct $7,000r.$1.000 yearly Assess. val., personal
t 23 '19-'27
$9,000-Oc
ann
1,934,275 Assessed valuation 1918_ _1,988,648 430'17
41011 M-N 19,000r
41,800 Tax rate (per MOW) 1910-.$1.49
Voting Machine Bonds.
property
(Due $1,000 yearly until 1926, then Other assessable
2 '20-'28
Jan
314.000r_
J-J
'18
.3,090,625
5s
act.)
.val.(65%
Tot.assess
Population 1910. 3.283; 195. 3.276
$2.000 yearly thereafter.)
Emergency Bonds.
BOND.DEBT April 19'19 $168,000 Tax rate (per 81,000) 1916.- -817.08
1 1920
_Jan
$3,025___
53
N.Y
8,527
&
Co..
Leach
(Village).
INT. at A. B.
Assessed valuation. real--2,03
2,500____Jan 1 1920
33.000
This village is in Niagara County. 58
Assessed val'n, personal..__
2,500._ __Jan 2 1920
___
5s
_2,071,527
act.).
In
1822.
ed
'16
(60%
val.
Incorporat
Total
Local Improvement Bonds.
6,500
Water Bonds.
Population (est.)
5s '18 --- 830.780.50rPart yearly
430'16 J-D 331,250--Dec 31 '19-'44 BOND.
INT. payable in Hudson Falls.
DEBT Apr 24 '19 $854,794
$31,250
included
6
now
1918
is
May
BOND.DEBT
While this district
(included).- 381,700
500 Water bonds bonds
of the City of Sinking fund (water)
(incl.) 173,250
This city is the county seat of within the boundaries
Local assess.
870,425
reon
estate.
real
organizati
yarn,
district
Assessed
the
Troy,
1918
estate, ._.12,244,785
real
val.,
Ulster Co. Inc. 1872. Pop.
Ass'd
99,750
n
within
Assessed val'n, personal__
mains a separate corporatio
25,790
personalval'n,
(est.), 27,000.
Assessed
89,441
that city and the city authorities Other assessable property
Grade-Crossing Bonds.
Other assessable property_ 642.116'
have no jurisdiction in the matters Tot ass d val.'18(1-3 act.)-1,059,616 Tot.val.'1
1
.12,912,69
.7()%act.)
8(abt
430'15 J-J $15,000__July 1 '19-'23 of
0.00
Tax rate (per 81,000) 1918.--$2
the school district.
($6.000 in odd years.)
2,395 Total tax rate(per$1,000)'18$29.71
J-D $26.000c_Dec 1 '19-'31 Population in 1915
43
Street Bonds.
bonds
4%
water
$296,000
on
INT.
1
Apr
'20-'29
A-0 10,000r__
46 '09 M-S-$36,0000_Mch 1 '20-'23 4g'08
(Town).
at U. S. Mtge. Zc Trust Co.. N. Y.;
0 - May1'25-'41
43is'11 M-8 70,000o_Mch 1 '23-'29 4, g'10 M-N85.00
This town is in Sullivan County. on other issues at City Treasury.
TOTAL DEBT May 12 '19 $121,000
Water Bonds.
6,339
1915,
valuat.f real estate.7,308,198 Inc. Mch. 13 1807. Pop.
335s'96 A-0$428,400e_Apr 1 '20-'36 Assess. of
8.172.902
Refunding Railroad Bonds.
(85% act.)ltotal
45 '97 F-A 113,030c_Feb 1 '20-'37
School tax (per $1,000) 1918-49.75 4s '99 s-an $62,0000_15,000 y'ly LONG BEACH.
Refunding Bonds.
DEBT April 1919. $59,000
This village is in Nassau County.
BOND.
'20-21
26
Mar
$20,000c_
M-Sf
43s'15
Asessed valuation 1918-1,193,965 Incorp. 1913. Population 1915,622;
1 11.500c_ _Mar 26 1922
Sullivan
at
payable
T
1919 (estimated), 1,500.
INTERES
This village is in Westchester Co. County
440'18 A-0 $9,500_ _ _ _Apr 1 1934
Municipal Building Bonds.
National Bank, Liberty.
Inc. 1891. Population 1915, 2.060.
Board of Education Bonds.
ann $45,000- Sept 1 '21-'45
430'16
430'13 J-3 $157.250r_Apr 1 '20-'25
Municipal Site Bonds.
(Village).
Street Im t. Bonds.
21,000c_July 1 '21-'41 LIBERTY
430'15 J-D f 14,500____June 1 1926 430'16 J-J
$7,000__Apr 1 '19-'25
Sullivan
County.
In
is
village
This
115,500____June 1 1928
Sewer Bonds,
4.804'15A-0 40,000__Apr 1 '26-'30
1919-1922 330'99 F-A $11,000r_Aug 1 '19-'29 Incorporated in 1870.
4s '17 __- 24,000
150,000_Apr 1 '31-'45
Paying Bonds.
School Refunding Bonds.
33is'02 M-N 7,000r_May 1 '20-'26 4 Us'19
$20,000_ _July 15'20-39 5s '14 Oct 12,500-__Oct 1 1924
430'19 A-0 $14,000 ......Apr 1 1931 430'13 M-S 6.000__Mar 1 '20-'31 BOND.ifoitBT
May 27'19..426,375
Sewer Bonds.
500..._Jan 1 '20-'24
BOND.DEBT Apr! 19181.047,500 4.90s'14J-J
6.000 6s '18 --- $27,500-_Oct 15 '23-'42
(add'I)
50,112 4.90s'14J-J
3,000___Jan 1 '20-'34 Water debt
Note debt
1,500
(water)
fund
Fire'Bonds.
Sinking
606,000
Bonds.
ent
Water debt (included)
Highway-Improvem
926.875 _s
-- $15,000
Assess. val., real estate
Assess. val. real 1917._ _14,597,760 4s '91 J-D $9,600r_Deo 1 '19-'21 Assess
92,550 BOND.DEBT May 12'19. $297,000
val., personal
220,400 4s '96 A-0 6,000r_Apr 1 '20-'25
Assess. val. personal
..
31,360
property.
yarn,real estate._5,069,190
assessable
Assessed
Other
991,837
'20-'31
Franchise'
330'01 M-N 11,100r_May 1
t.)_1,050.785 Total tax rate (per $1,000)'18_812.70
15,809,997 4s '06 J-J 30,000r_July. 1 '19-'30 Tot. val. '19 (abt.1-3ac
Total valuation_
$20.00
UAW)'19
(per
rate
Tax
__833.43
917pr
1
1
'20-'41
$1,000)
44,000r_A
A-0
(per
tax
Total
430'12
2,395 LOWVILLE.
Population in 1915
Sidewalk Bonds.
INT. on refunding bonds of 1918
This village is in Lewis County.
$22,000r_Sept 1 '19-'40
payable at County Treasurer's office; 430'11 M'S provemen
Incorporated in 1854.
t
Bonds.
Street-Im
on grade crossing bonds at Ulster Co.
Water Bonds.
4.30s M-S 821,000r_Sept 1 '19-'32
Say. Inst., Kingston.
$41,500_ --May 1 1925
This distrIbt is In Sullivan County. „ii
5s '15 J-D 16,000Dec 1 '19-'34
'19-'31
1
Nov
_
$46,500_
Nov
--i3onds.
Paving
4
Well
Fire-Department Bonds.
1928
DEBT May 1919___$46,500 .5._. 89,000
TOTAL
1
'19-'23
ct
$2,500__O
Oct
43.s'12
County.
Erie
in
is
city
This
_ _Apr '20-'29 Assessed val'n, real estate___559,401 TOTAL DEBT May 1919___$50,500
53 '14
Sewer Bonds.
8,130
21,400
personal_
fund
valuation,
Sinking
Assessed
5,000_- 15 '20-'34
7,500_Dec
4.35s'l$J-D
___ $157,500
58
5.000_ _June 1 '20-'29 Other assessable property___ 19,755 Pop'n 1910, 2,940; 1915, 3,244.
53 '15 J-D
Bridge Improvement Bonds.
2,500_Nov 15 '23-'27 Tot. ass'd val.'18 (25%act.)_600,556
_ - 321,175-June 1 '20-'30 4.95s184s
0
BOND. DEBT Dee 31 '16_ $260,300 Total tax rate (per 81,000)'18-830.4
Road-Improvement Bonds.
2,600 LYONS.
valuation, real_5,841,465 Population in 1918 (est.)
This village is in Wayne County.
5s '11 J-D 375,100r_June 1 '20-'36 Assessed
rty
Bank,Libe
Co.
Sullivan
at
INT.
204.700
_
personal__
val'n,
Incorp. 1831. Pop'n 1915, 4,742; •
430'12 J-D 45,480r_Dec 1 '19-'38 Assessedfranchise
251,154
Special
(estimated), 4,800.
1938
1918
60.000
430'13
Total val. '16 (act. val.).. 6,279.3l9 LITTLE FALLS.
Water Bonds.
__- and Jail Bonds.
City-Hall
This city is in Herkimer County. 5s '14 __- 834,500___Jan 1 '20-'26
430'12 J-D 144,000r_June 1 '20-'27 Tax rate (per $1,000) 1916_813.90 Inc.
8 1895. Pop. 1915, 13.022; 4.808.15Jan 23,000r-Jan 1 '20-'42
TOTAL DEBT May 15'19 $395,500 INT.at Bank of Metropolis. N. Y. 1919May
(estimated), 14,000.
1926-1943
17,113
430'15 ann72,000
Assessment debt (add'D__
City-Hall Bonds.
f 4.000,.._Jan 1 1940
Assess. val. real estate_ _ _ _15,039,103
June 1 '20-'25 4s '17 Jan 111,000__Jan 1 '41-42
112,000__
250
Assess. val. personal
This village s in Niagara County. 430'15 J-DI 25,000__June 11 '26-'35
Sewer Bonds.
Total assessed valuation
30,000_ _June '36-'45 4.60s'15ann$87,500$3,500y1y.beg.'19
1918(662-3% actual)__15,039,353 Incorp. 1897.Bonds.
56 '18 J-D 25.000-__June 1 1926 BONDED DEBT'Water _ $144,000
Fire-Hall
Total tax (per $1,000) 1919--_$2,279
Bonds.
Water
10th.purp. 87,500
--- $2,500
Pop'n 1915, 15,737;'19 (est.), 25,000 _s
310'00 J-J $10,000r __May 1 1920 Assessed valuation, real.- -1,906,000
6,000
INT. at Lackawanna Nat. Bank _s
21-'27
1
ly
65,000r_Ju
J-J
67,000
'08
4s
personal
Bonds.
val'n,
Paving
Assessed
_June 11028 Special
580,620
franchise
53 '13 J-J $4,600-_Jan 1 '20-'42 4.3s'08 June to50,000r_
call after 1918.)
(Subject
Water Bonds.
Total assessed val'n 1918
-1919-1941 430'16 M-N 20,000
-N $60,400
(60% to 70% actual). _2,553,620
Formerly a school district of West 4.70s12M
$73,700 (Subject to call after July 1 1919.) Tax rate (per $1,000) 1918-418.60
-DEBT May 1911)..
Seneca; see remarks under that town. BOND.
25 years after date.)
43,732
['Optional
1918__2,3
real
est.,
val.,
Ass'd
1
1920
-__Jan
INT. payable at the Nat. City
48 '00 J-J $2,000c
Refunding Water Bonds.
4,000e---Jan 1 1921 Tax rate (per 81,000) 1918.-- _88.10
430'04 J-J
4,000 4.858'17J-J $60,000_ ---Part yearly Bank, Now York.
(est.),
1917
2,402;
Pop'n
1915,
1920
1
an
1,000c-J
J-J
'05
58
MORE.
KEN
This village is in Erie County. Inc. 5s '10
LAKE PLACID.
LE ROY.
UNION FREE SCHOOL
LE ROY
DIST. NO. 1.
LAKEWOOD.
E UNION FREE SCR.
KENMOR
DIST. NO. 1.
LESTERS
LEWIS COUNTY.
LANCASTER.
URY(TOWN)UN.FREE
KINGSB
SCHOOL DISTRICT NO. 1.
LEWISTON
LEWISTON
BURG UNION FREE
LANSING
SCHOOL DIST. NO. 1.
'KINGSTON.
LIBERTY
LARCHMONT.
UNION FREE SCHOOL
LIBERTY
DIST. NO, 1.
LACKAWANNA.
LA SALLE.
ANNA UNION FREE
LACKAW
SCR. DIST. NO. 6.
JUNE, 1919.1
MADISON COUNTY.
County scat is Wampsville.
County-Building Bonds.
4s g '09 J-J 3121.500r_Jan 1 '20-'31
43s g'14Feb 54,500r_Feb 15'20-'29
BOND. DEBT Apr 22 '19 $195,000
Ass'd val'n, real estate..__24,000,000
Assessed val'n, personal.... 892,000
Other assessable property 800.000
Tot.ass'd val.'18(75%act.)25,692,000
Pop'n 1910, 39,289; 1915. 41,742
INT. payable at the Oneida Say.
Bank, Oneida.
NEW YORK-CITIES AND TOWNS.
Assessed val'n, real estate- _$715,846
Assessed val'n, personal
13,450
Other assessable property
11,504
Total assessed yarn 1917_
740,800
Tax rate (per $1,000) 1917_313.23
INT. payable at Treasurer's office.
Water Refunding Bonds.
43.0'12
312.000
A927
BOND. DEBT Apr 19'19-J234.663
Water debt (included) ___
89,000
Sinking fund (water)
18,560
A.s.sessed val'n,real estate_ _2,852,550
Assessed val'n, personal.... _
23.200
Other assessable property
127,050
Tot.ass'd val.18(60%act.)_3,002,800
Tax rate (per $1,000) 1918 _-_346.40
xINT. at Treasurer's office.
63
MOHAWK.
This village is in Herkimer County.
Inc. 1844. Population 1915. 2,577.
Fire-Alarm-System Bonds.
4.90'14
31.200
1919-1924
Water & Sewer Ext. Bonds.
5.8
__ $12,500
1919-1943
Paving Bonds.
4.358
___ $8,000
1919-1926
5s '17 F-A 21.000____Aug 1 1939
Refunding Water Bonds.
4)4s
A-0 $25,000r_$1,500 yearly
Sewer Bonds.
3.45s J-D $25,200r$1.400 yearly
Water & Light Improvement.
3.903 A-0 $8,000r.._ _$500
yearly
Refunding Elec.-Light Bonds.
45 '07 F-A • $1,000c...._$500
yearly
4%s
_-_
6.000.._ - -12-yr serial
BOND. DEBT May 1917__ _594,200
Assessed valuation 1915.... _1,200,00
0
Tax rate (per $1,000) 1915---S14.00
INTEREST on water and light
bonds payable in Mohawk; on imp.
bonds at Southold Say. Bank.
MANCHESTER UNION FREE
SCH. DIST. NO.?.
Building Bonds.
4.65s
M-N$33,833.32
(Due $1,333.34 yearly)
BOND. DEBT May 7 1918 $34,667 MECHANICVILLE SCH.
DIST
Assessed val'n, real estate_1,477,295 4s g '91 Nov $3,500c
1920
MALONE.
Assessed val'n, personal__..
265 4s g '98 J-D 18,850c_.1920-1938
This village Is in Franklin County. Other assessable property__
7,000r ____1919-1925
418 4s g '06 J-D
Inc. 1853. Population 1915. 7,542. Tot.ass'd val.'17(83% act.)1,477.295 43,0;13 J-D 129.250c
&r_1919-1945
Street Bonds.
43ig'15 J-D
5.000r____1919-1923
430'16 J'ne $20,700__June 1 '19-'42 MANCHESTER UNION FREE
TOTAL DEBT May 6 1918 3165.350
43,016 Juno 42,000__June 1 '19-'46
SCH. DIST. NO. 8.
Ass'd val. '17 (60% act.)__4,376,171
Water-Works Refunding Bonds BOND. DEBT Oct 1914
00 School tax (per $1.000) 1917--$14.70
4.30g'10M-N$188.000o.May 15'20-'66 Assessed valuation 1914 _ ---$35,0
_383,000 Population in 1917 (est.)
8.500
BOND.DEBT j Water _ _
$188,000 Tax rate (per $1,000) 1914.-316.80
INT. on 4s '91 at Mechanicville•
May 6 191910th.purp- 72,800
in
43s
N.
Y.
exchange
;
on
others
at
Assessed val'n, real estate 2,620,800 MANHEIM.
Assessed val'n, personal_.. 121,590
This town is in Herkimer County. Merchants' Ex. Nat. Bank, N. Y.
Other assessable property__
Highway Bonds.
61,800
Tot.ass'd val.'19(60% act.)2.807,190 43is
___ $12,000
1919-1924 MEDINA.
This village Is In Orleans County. MONRO
Tax rate (per $1,000) 1918- J15.50 43.4s
__ 16,000
1919-1926 Inc.
E COUNTY.
Mch. 3 1832. Pop. 1915, 6.079:
INT. on ,vater bonds payable at BOND.DEBT Apr 8 1918.. $30,000
County seat is Rochester.
Guaranty Trust Co., N. Y.; on other Tot.ass'd val.18(75% act.)2,395.746 1918 (estimated). 6,500.
Bridge Bonds.
Village-H
bonds at People's Nat. Bk., Malone. Total tax rate (per $1,000) 18-$11.
all
Bonds.
3.88
43.0'15 F-A3250.000__Feb 1 '21-'30
00
5 4.15s'08 Aug
$16,000r_July 15'19-'26 4Y2s'17 F-A
Population 1915
75,000r_Feb 1 '27-'41
Water Bonds.
Court-House Bonds.
MALONE SCHOOL DISTRICT.
3.75s July $55.555.50r_May 9 '20-'34 33is
MARCELLUS.
F-A $50,000r_ _ _Feb 1 1920
4
1 J4 $39.500c_Jan 1 '20-'39
Sewer
Bonds.
This village Is in Onondaga Co.
DEBT Apr 19 '19.. $375,000
TOTAL DEBT Apr 19 '19.. $39,500 Incorpora
5s '07 July $6,000r_July 15 '19-'23 TOTAL
ted in 1846.
Assess. val. 1918
Assess. val. '16 (real estate)2.463.613
352.218.863
BOND. DEBT May 12 '19 $76,555
Water Bonds.
Tax rate (per $1,000) 1918___ _ $5.19
Assessed val'n, personal_ __ 104,700 4.20s'09A
Water
debt
(included
)
-0 $19.000r___$1,000 y'rly
55.555 Pop'n 1910, 283.212; 1915, 319,310
Other assessable property.._ 126,910 4.2(1.3'09F-A
Water sinking fund
5,600r_
$280
y'rly
_
20.795
INTERE
ST and principal payable
Tot.val.'18(abt.65%act.)_ _2,695,223 BONDED DEBT May
Assessed val'n, real estate 4,642,406 at
1 '17 $27,160 Assessed
Amer. Exch. Nat. Bk., N. Y. City..
Tax rate (per 31,000) '18_ _ _$16.50 Assessed val., real estate___
val'n, personal..
_442,750 Other
59,100
Population in 1919 (est.)
assessable property.... 181,941
8,200 Total val. '16 (2-3 act.)
521,918 Tot.ass'd
val.'18(70% act.)4,883.447 MONROE UNION FREE SCHOOL
INT. payable at Williamsburgb VII. tax rate (per $1,000) 1916_511.00
Say. Bank, Brooklyn, N. Y.
Population in 1915
991 Total tax rate (per $1,000)'18 _ _$6.16
DIST. NO. 1.
INT. at Union Bank in Medina.
BOND. DEBT Mar 1 1918-336,000
MARION.
Assessed valuation 1917-18_
MAMARONECK (TOWN).
944,697
MEXICO.
Tax rate (per $1,000) 1917..--$
This town is in Wayne County.
Sidewalk Bonds.
13.76
This village is in Oswego County. Population 1917
Water Bonds.
(est.)
Os '13 M-S $8.000_Sept 1 '20-'27
1,700
Incorpora
ted
in
58
'13
1851.
A-0
328,000r
_Oct 1 '19-32 BD.
5s '14 --3,000__Sopt 1 '20-'22 130ND.
DT.
(water)
May 20'19.518,000
DEBT May 1919.. $28,000
Road Bonds.
val.(abt.60%act.)1,473,850 Assess. val. real estate
482.800 MONROE UNION FREE SCHOOL
58 '07 --- $2.000__May 1 '20-'21 Tot.ass'd
rate (per $1,000) 1918...$8.51+ Assess. val. personal
DIST. NO. 4.
34.050
5s '10 ___
7.000-_Sept 1 '19-'25 Tax
Assess,
val.
franchises
13,073 BONDED DEBT
450'11
12,000_Sept 1 '19-30 Pop'n 1910, 2.102; 1915. 2,435..
$45,000
Tot.ass'd val.'18(% to 2-3act)529,923
Assessed
valuation 1914
INT.
at
00'12
office of Myron W. Green, Village tax
21,000„July 1 '19-'30
944,000
rate (per $1,000)'18118.70
Es '13 M-S 10,000„Sept 1 '23-'32 Rochester.
Populatio
n in 1915
Assessment Map Bonds.
1,474 MONTGOMERY.
5s '14 ___ 56,000_ _Nov 1 '19-'24 MARLBORO.
This village is in Orange County.
This village is in Ulster County. MIDDLEPORT.
BOND. DEBT June 1 '19 $91,000
This village Is in Niagara County. Incorp. in 1810; pop'n 1915, 957.
Assessed valuation, real.._ 14,019.040 Incorporated 1906.
BOND.
DEBT Feb 28'15---$30,509
Inc. 1859. Pop'n 1915, 1,247.
Water Bonds.
Assessed yarn, personal__
135,700
Temporary debt
1,447
Other assessable property_
Sewer Bonds. ,
733,495 4%9'12 A-0 $28.520r__Oct 1 '19-'41
Assess val real
337,373
Tot.ass'd val.'18(70%act)15,888,235 BOND. DEBT April 1915-531,000 4.356'12J-D $47.000__June 1 '20-'39 Assess.
val. personal
Total tax rate(per$1,000) 19..35.76+ Assessed val., real est. '14_181,148
3,000
Water Bonds.
Total
val. 1914
Population 1910, 5,602; 1915, 7,830 Population In 1915
340,373
795 4.358.12J-D $39,100„June 1 '20-'40
TOTAL DEBT Oct 4 1915- 3101.000
INT. payable at the Larchmont
Water debt (included)__
Nat. Bank, Larchmont, and the MASSENA (TOWN).
MONTG
47.000
OMERY
COUNTY.
This town is in St. Lawrence Co.
Assess. val., real estate.._ _.A,238,803
Fonda is the county seat.
First Nat. Bank, Mamaroneck.
Total assess. value 1915___1,319,733
Bridge Bonds.
Jail Bonds.
_ $18.000c_Feb 1 '20-'30 Tax rate (per $1,000) 1915_31
4
s'13
Vi
M-S
$25,000_
1.00
_Aug 1 '20-'22
MAMARONECK (VILLAGE).
4
24,000c..Feb 1 '20-'33
Tuberculosis Hospital Bonds.
This village is in Westchester Co. 5s '18 F-A 40,000c_Feb 1 '20-'43
4%s •13 M-S $20,000
1923-1924
MIDDLETOWN.
Inc. Nov. 16 1895. Pop. 1915, 7,290
Highway Bonds,
Highway
Bonds.
This city is in Orange Co. Inc.
4A43'15 Aug 33,500__Aug 1 '19-'21
Road & Bridge Bonds.
45 '04&'05 321,000
1920-1925
June
9
1888.
Pop'n,
4s
J-D $4,500r _ _ _ _1919-1927
1915, 16.381.
Town-Hall Bonds.
5s '08 --6,000
1920-1922
Street-Improvement Bonds.
1,000r
3.35s J-J
1919 43 '04 Mch $5,000c_ Mar 1
48 '09 -_- 12,000
1920-1923
4;is
11-S $36,000r.. Mch 1 '20-'37 4%6'10
3,500r_June 1 '20-26 45 '05 Mch 2.500c_Mar 1 '20-'24
4.6s '08 J-D
'20-'25
__- 14.000
1920-1926
School Bonds.
6,500r_Apr 1 '20-'32 BOND. DEBT May 1919- $93.000
4s '00 A-0
St3'11
4
__
28,000
1920-1926
0'12 J-J
7,000__June 1 '20-'26 Assess. val. (% act.)
4.60s J-D
1 1922 43s'13 __- 30,000
5.208.757 43,City-Hail
1920-1922
Bonds (Opt. aft. 1915)
4.60s J-D 13,000r _June 1 '20-'32 Tax rate (per $1,000) - - --$9.821 +
'15
22-1923
Bridge Bonds.
Pop. 1915, 7,090; 1919 (est.), 10,000 430'10 s-a $70.000e___July 1 1930 BOND.__19
DEBT
May
1
'19 $173,000
Refunding Bonds.
4.403'12F-A $5,000r_Aug 1 '19-'28
INTEREST at Supervisor's office.
Assess. val. real
33,530,434
35is
M-8 $11,000r___May 1 1931 Assess. val.
Sewer Bonds.
personal
4s '18 J-J
M-N$30,000r_Nov 1 '19-'33 MASSENA (VILLAGE).
20,000
48
1910-1958 Other assessable property _ _ 561,101
1,150,761
Refunding Water Bonds.
32.000r_July 1 '19-34
3s
This village is in St. Lawrence Co.
J-J
Total
1918(% act.) 35,242,296
4 3is
17,000r_July 1 '19-'35 Incorpormed in 1886.
$40,000____Aug 1 1931 Pop'n value
45 '06 J-J
1910, 57,567; 1915, 61.030
4.60s'07M-S 72,000r_Sept 1 '19-'36 BOND. DEBT April 1919.. $68,600 4Yjs'13 F-A 22,000r___Feb 1 1933
INT. at Amsterdam Say. Bank
Water Bonds.
4.55s12A-0 20,800c_Oct 1 '19-'31 Assessed val'n, real estate_
0 3;is
F-A$1.00,000r___July 1 1921 and Farmers' Nat. Bk., Amsterdam.
4.403'12F-A 18,000r_ Aug 1 '19-36 Assessed val'n, personal.... __1,746,25
129,100
F-A 90,000r___Apr 1 1931
3s
J-D 32,000r. Dc' 1 '19-34 Ass'd val'n, special franchise 86,164 3%s
4.70s17J-D 12,000-Yrie 15 '22-33 Total assessed val'n 1918
33is
F-A 27,000o_Feb 2 1923 MONTICELLO.
M-N 75,000c_ _ May 1 1930
Fire-Department Bonds.
(about 80% actual)_ _ _1,961,514 45
This village is in Sullivan County.
11OND. DEBT May 1919.. $508,000 Inc. 1830. Populatio
4.303'09A-0 52,500r_ _Oct 1 '19-'23 Tax rate (per $1,000) 1918_....
n 1915, 2.132.
4.40s'17M-N 8,850_May 15 '22-26 Pop'n 1915, 4,615; 1919 (e.),$15.50 Water debt (included)
374,000 Water bonds (5s)
$20,000
8,000
Floating debt
4.40s'12F-A 11.000r_Aug 1 '19-'40
56.921 Sewer bonds (4 As)
41,000
Sinking fund (water)
7,500r_ _Jan 15'20-'34 MASSENA (TOWN)UNION
58 '13 J-J
Highway bonds (58)
174.734
11,000
FREE
Other
sinking
funds
45is'16 M-N 6,000r_May 1 '21-'26
45.393 BOND. DEBT Nov 29 '16-177,000
SCHOOL DIST. No. 1.
Assessed
f
4413'16 M-N 4,000r_MaY 1 '21-'24
Real
estate_
_
Assess.
8,399,418
val.
'16
(h
act.)
Bonds.
700,762
valuation
4.40s17M-N 8.850__Niay 1 '22-'26 4,3 School
Special
franch_
289,650 Village tax rate(p. $1,000)'16_319.00
'09
___ $8.000.-(31,000 YIY.) Total tax (per
5s '18 ...... 10,000
1919_- _$37.28
1919-1923 4Us'17
INT. at Nat. Un. Bk.,Monticello.
131,200c&r-- _ -1916 INTEREST is$1,000)
Paving Bonds.
paid at city treasury.
is '18
20,000
-----------9
4.35s'07M-N $15,300r_May 1 '20-36 LION!).
DEBT
Apr
19
'19
$159,200
4.353'07M N 30,000r
1922 1938 Assas
MONTOUR FALLS.
,
ed val., real estate_ 4.116,766 MINDEN UN. FR. S. D. NO. 14.
4.6s '08 J-D 26,460r_June 1 '20-37 Assessed
This village is in Schuyler County.
val., personal_ _ 1'. 0. Fort Plain, Montgomery Co.
131,600
9,000r_June 1 '20-'28 Total assessed
4.60s J-D
Incorp.
valuation
34,000r_
Nov 1 '19-'20 BOND.in 1836; pop'n 1915, 1,281.
4.40s' 12F-A 13,000r_Aug 1 '19-31
1918
(60% act.)
12.500r_Nov 1 '21-'25 Assess. DEBT Mar 1 '15_327,500
4,248.366
5813 M-S 33,795r Sept 25 '19-45 Tax rate
real
520,670
BOND. DEBT May 2 '17.._$485,245 Populatio(per $1.000) 1918-S10.90 56 '15 M-N 15.000r_Nov 1 '28-'30 Assess. val.
val. personal
n
(est.)
1919
18,380
28,000r_
10,000
Nov 1 '31-'37 Total valuation
Assessment debt (add'1)-- 19.606
1914
539.050
4.500r__
_Nov
1
Floating debt
1938
25.000 MAYVILLE.
5e '15 M-/s 8.500r_Nov 1 '19-'35
Sinking funds (approx.)....-..
9,400
Tbls village is in Chautauqua Co. TOTAL DEBT May 15 '19 $72,500 MORAV/A.
Assess. val. real estate.. _ _ _7,525.005 Incorpora
ted July 1867.
Assess. val. real estate_ ___1,422,576
This village is in Cayuga County.
Total assess. val. '16 (abt.
Light Refunding Bonds.
Assess. val. personal
' 77% actual)
116.600 Incorp. in 1837; pop'n 1915, 1,393.
8,134,899
F A $10,000__Aug 1 '19 '36 Tot.assed.val.'18--__-- - - -1.539.176 BOND. DEBT Mar 1 '15-$50
Tax rate (per .$1,000) 1910.516.92+ 43.s'16
.000
Power and Light Bonds.
School tax (per $1,000) 1918__312.70 Assess. val. real
592,885
INT. by check to registered holder. 4gs
s-a
$6,000r31,000 yearly Population in 1918 (est.)
3,000 Assess. val. personal
263,173
Water Refunding Bonds.
INT. at Fort Plain Nat. Bank ID Total valuation 1914
856,058
MAMARONECK UNION TREE 4.60s s-a
3600 yearly New York exchange.
BOND. DEBT
$11.400r_
May 13'19_32
SCHOOL DIST. NO. 1.
7.400
MORTAR
Sinking
(TOWN)
fund
UNION
FREE
This district is in the town of
2,600 MINEOLA.
SCHOOL DISTRICT NO. 5.
This village is in Nassau County.
Mamaroneck. Westchester County. Assessed val'n, real estate..-513,020
This district (P. 0. Port Henry) is
4.9 '16 M-N322,000__Nov 1 '20-30 Assessed valuation, personal_ 12.900 Incorporated in 1906.
In
Essex
County.
Other
assessable property--180,715 BOND. DEBT April 1919.. $35,500
School-House Bonds.
*School Building Bonds.
4.0s '07 M-N $22,550r_May 1 '20-'30 Tot. a-ss'd val. '18 (60% act.)706.635 Water debt (included)____
30,400
Tax rate (per $1,000) 1918-,...$7.00 Assess. val. real estate_ ___1,288,290 5s '16 -__ $75,600r_Dec 1 '19-'41
Larchmont School Bonds.
_s
___ 23,000
3As'00 J-D $2,500r_ Dec 31 1919 Population in 1915
165.700 BOND.
1,201 Assess. val. personal
DEBT May 14 '19 $96,600
Other assessable property_
Mamaroneck Ave. School& Site.
65.492
Tot.assess.val.'19(abt.act.)1,519,482 Floating debt(add'i)
4348 '08 M-N 50.000_ May 1 '20-39 MECHANTCVILLE
5,000
This city is in Saratoga County. Tax rate (per $1,000) 1919-$16.00 Assess. val. real
1,134,443
High-School-Addition Bonds.
Assess. val. personal
44s'08 M-S $38,750r_M & S '19-'39 Inc. as village 1859; as city June 29 Population in 1918 (est.)
172,062
3,500 Total
1915.
assess.
val. 1918_
Pop. 1915, 8,208; 1918 (est.),
BOND. DEBT May 1 '19 $135,800
1.306,505
School tax rate(per$1,000) 19 31.94+
Ass'd val.'18 (3-5 actual)_1.5,288,912 8,500.
MINOA UNION FREE SCHOOL
* INT. at Citizens' Nat. Bank,
Refunding Bonds.
School tax (per $1,000) 1918--35.69
Port
Henry.
DIST. NO. 2.
Oct $31,000c_Oct 1 '19-'35
INT. payable to "holder" In New 44s'15
City Hall and Jail.
This district (P. 0. Manilius) is
York exchange.
58 '14 Nov $1 ,600__Nov 2 '19-'20 In Onondaga County.
MORTAR UNION FREE SCHOOL
City-Hall Bonds.
Building Bonds.
DIST. NO. 1.
MANCHESTER.
58 '14 Sept $22,000
Nov $32,000r$1,000 yly Nov
This district is in Essex County.
1919-1938 5s
This village is in Ontario County.
BOND. DEBT May 14'19-$31.000
zStreet-Paving Bonds.
Building Bonds.
Incorp. 1892. Pop'n 1915, 1,115.
Outstanding Oct 1916-- $91,658.52 Assess. val. real estate
$560,921 5s '16 Oct $50,000.. Oct 1 '21-'45
Water-Works Bonds.
Assess. val. personal
6,100 BOND. DEBT May 1917- $50,000
4.80'15 J-D 330,000r..June 1 '20-'45 48 Water Bonds.
M-N335,000c_May I '20-'22 Total assess. val. '19(%act)_567,021 Total assess. val. 1916_ ___2,092,
5s '18 ___ $31,000
903
45
M-N 17,0000...._Nov 1 1922 Tax rate (per $1,000) '16
$15.72 Population in 1916 (est.)
BOND. DEBT May 12'19_332,000 3
4,000
gs
F-A
22,000r...._July 1 1933
INT. payable at Trust & Deposit
Floating debt (additional)___ 2,500 443'00
INT. at Citizens' Nat. Bank, Port
July 3,000r_July 1 '19-'21 Co. of Onondaga, Syracuse.
Henry, N. Y.
64
NEW YORK-CITIES AND TOWNS.
[VOL. 108.
Highway Bonds.
$2.956,070
Franchises
1930
Drainage Bonds,
2,170.720 4.358 J-J $141,300
$61,000r___Aug 1 1935 Bank stock
1 '19-'26
4)0'13 M-S 16 000..
2
43,217,64
This village is in Westchester Co. 43s'15 F-A.
1919____1
valuation
Total
June
1936
A s'16 J-D 50,000
6,075.10
M:N
430'14
value.)
60%
to
Inc. 1874. Population 1915, 2,902. 4A
40
nt from
4 8'17 J-D 40.000r___June 1 1937 (Assessme
($1,000 yearly May 1.)
Fire-Alarm Bonds.
83.930; 1915, 116.825
$177,000
J-D 40,000____June 1 1938 Pop'n 1910.
debt Apr 1919
58 '13 J-J $2,500r___July 1 1922 53is'18
INT. on court-house bonds due Town
June 1 1938
30,000__
___
5,201,568
'18
5s
val., real e.state
Assess,
Corn
the
Bonds.
at
Water
payable
30,000___Mar 1 1929 1930 and 1931N.
217,700
of the Assess. val., personal
part
on
Y.;
3.85s'05J-D $9,300r ___1919-1934 430'19
Bank.,
Exch.
g Bonds.
153,311
the Other assessable property
3.603'98A-0 9,000r ____1919-1927 4s Refundin
__June 1 1920 court-house bonds due 1929 at
$19,000__
.579
J-D
,572
'05
5
.)
.val
(act
'18
.
1919
.assess.val
Tat
Ezell
250r
3.608'99A-0
branch of the Corn
M-N 56,250-_Nov 1 '19-'21 Queens Co.
rate (per $1.000) 1919___$9.55+
Tax
at
part
and
City,
40'15 J-J 12,000r-1920-1931 4s '06
Island
Long
in
Bank
'20-'22
1
60,000__Jan
4J401
1915,
3,573;
n
1910.
Populatio
Co.,
8,500_.:July 12 1937 40 '07 J-J 24,000r_D
Ins.
Life
43s'17 F-A
Mutual
ec 1 '19-'21 the Security
INT. payable at the Mt. Kisco
3,500 ..July 1 '21-'27 4;16'16 J-D 120,000r_Dec
of the
4YLs'17 F-A
1 '19-'22 Binghamton, N. Y.; on part
Say. Nat. Bank and at Mt. Pleasant.
1,500....July 1 '21-'26 53 '17 J-D 59,000r_Jan 2
4As'17 F-A
'20-'28 road bonds of 1907 at the City
J-J
'18
50
Buffalo
the
and
Bonds.
Road
Bank of Brooklyn
(Due $6,000 in odd years and $7,000 Say.
Bank; on road bonds of '09 to NEW CASTLE & BEDFORD UN.
4;0'09 M-N. $7,500r _Nov 1 '19-33
In even years.)
7.033___July 1 '19-'22
4.35s'12J-J
Jan 1 '20'-34 '18, incl. Refunding and hospital
FREE SCHOOL DIST. NO. 2.
$45,000__
J-J
'18
5s
'19-'25
1
y
3,675_Jul
at Treasurer's office.
4.703.12J-J
bonds
1919-1928
430'12 J-D $63,000r_June 1 '19-'42
65,000
___
'18
5s
9,000-Feb 1 '20-'28
44s'13 F-A
1919-1929
430'16 J-J 42,500r_ July 1 '19-'46
'18 ___ 30,000
4As'14 J-D 17,850r_Junel5 '19-43 5s
1919-1929 NELSON.
TOTAL DEBT May 12 '19 $104,000
53(s'18 ___ 140,000
School Bonds.
3,115,845
County.
Madison
loin
Total assess. val. '18
town
This
Bonds.
nt
Assessme
1941
$65.000
4As'12
Total tax rate (per $1,000)'18_$23.53
Bonds.
$39,000--Jul3s1 1919
M-S
Railroad
'13
5s
Bonds.
Impt.
Street
3.300
(est.)
in
1922
1919
1
$19,000
-__Apr
Population
__
8,0003.77s
40'16
'19-'38
4.453'10J-J $40.000r_Apr 25'19-'22 5s '15 __- 20,000_-__Nov 1 1921 4s
___ 14,000
INT. at Columbia Tr. Co., N. Y.
40'16 July 2,040r_July 1
_Jan 1 1920 BOND. DEBT Apr 19 '19....$31,000
42,000_-_
M-S
430'14
1919-1933
6,750
__4As
580,150 NEW HARTFORD.
Assess. val. real estate
1,666.50 1919-1921 4%5'15 M-N 9.000r- _May 1 1921
4.35s -_1,750
1922 Assess. val. personal
9,000
1919-1932 43s'17
This town is in Oneida County.
7.000
4.35s
1923 Other assessable property.. 49,655
4,000
___
'18
5s
Fire-Truck Bonds.
Sewer Bonds.
55
%act)631,5
val.'18(90
assess.
Bonds.
ng
Total
Grade-Crossi
1 '20-'39
ec $5,500__Dec 1 '21-'31
4.20s'16D
4 As'09 M-S $46,000r_Moh 1919-1933
25.80
'25&'27
1
1918_....$
Tax rate (per $1,000)
43.0'16 M-N$10,000r_Nov
DEBT Jan 1912- $50,000
BOND.
4 As'09 J-D 15,000
1.230 ASSOSS. val.
n 2 '20-'38 Population in 1915
19,000r_Ja
J-J
'18
3,780,909
5s
1919-1932
1916
13,050
430'13 F-A
7,864
City Hall Bonds.
12,672r_July 1 '19-'42
Population in 1915
5s '13 J-J
'19-'42 4As'12 M-N$200,000 May 1 '56-'65 NEW ALBION U. F. S. D. NO. 1.
430'14 M-S 26,640r_Sept 1 '19-'43
1 1966
--Mar
us)
9,000Cattaraug
4As'16
0.
1
(P.
uly
district
$12,500r_J
This
00'16 July
NEW HARTFORD AND WHITE1,750r_July 1.'19-'25
School Bds., City of Mt.Vernon. is in Cattaraugus County.
STONE(TOWNS)UNION FREE
Building Bonds.
430'15 J-J I 3,000r-July '30-'34 4s '96 J-J $100,000_ _July 1 '19-'38
'20-'29
1
SCHOOL DISTRICT NO. 4.
000_Nov
1
-July
'34-'37
1
ine
M-N1$25,
10,000r
5s '18
48 '04 J-D 35,000__Jt
1928
This district (P. 0. New York
1 75,000-Nov 1
14,000--July 1 '20-'47 3 As'99 F-A 50,000_ -Feb 1 '39-'48
5As'18 J-J
(7) Mills) is in Oneida County.
'20-'47 3 As'01
30,000__4Aug 1 1931 TOTAL DEBT
5 As'18 J-J 14,000_ -__July '23-30
Building Bonds.
1
uly
'31-'32
4,000___J
30'01-2 F-A 46,000__Aug
5s '19 __
430'16 Aug $68,400r-Nov 1 '19-'36
BOND.DEBT Oct 7 '1-6-$361,258 45 '05 M-S 35,000....Sept 1 '38-'41 NEWARK.
(7)
DEBT
TOTAL
1
36.150
'51-'52
Apr
(included)
13.750
A-0
4s '07
Water debt
This village is in Wayne County
Assess. value 1916,real est_2,858,525 4 s 08 A-0 95,000r-Apr 1 '42-'51 Incorp. in 1894. Pop'n 1915, 808; INT. at Utica Trust & Deposit
Co.. Utica.
Total assessed valuation_ -_2,951,337 4 s'10 M-N 77,700r_May 2 '53-'56 1919 (est.), 900.
Tax rate (per $1,000) 1916-423.90 43s'11 F-A 100,000r_Feb 1 '57-61
Sewer Bonds.
1919-1932 NEW HARTFORD SCHOOL DIS4 s'12 M-N 250,000r-May 1 '62-'73 4.30s Oct $70,000
INT. payable at Mt. Kisco.
43s'12 M-N 55,500r_Nov 1 '52-'54
Water Bonds.
TRICT NO. 1.
4 c'13 J-D 21,100r_Dec 91 '55-'56 330c4s M-S $24,000r ____1919-1924
MOUNT MORRIS.
BOND. DEBT Apr 1918_ $45,000
.
Village-Hall Bonds.
This village is in Livingtson Co. 4 '
val. real estate__ __$1,753,441
Assess.
15
1926
_Nov
103,000__
1919-1920
4As'15
4.45s'OSM-S 44,000r
Inc. 1835. Pop'n '15. 3,884.
84,000
15,000r--Feb 1 1929 BOND. DEBT Apr 1917.-4120,000 Assess. val. personal
Water Bonds.
property.. 128,321
assessable
Other
1
1930
--Feb
32,000
120,000r
-A
F
'20-'40
1
43017
Mar
(included)
debt
Water
00'15 M-S $61,000r
1,965,762
_
val.
assess.
Total
1933
1
Feb
10,000r-!$330,050
Assess. val. real estate
(See V. 100, p. 921, for maturity.)
'16___-$9,395
1916_Apr 1 1923 Assess. val. personal
10,970 Tax rate (per $1,000)
4.15s --- $36,000r __Sept'19-37 5s '18 ___ y 14,000___
5,162
Deficienc Bonds.
assessable property.._
Other
- 46.000c_Apr 1 '20-'41
4.40s
.
LEBANON
NEW
Mch 1 '23-'26 Total assess.val.'19(85% act)346,182
__- 23,000r-Sept 1 '19-'40 330'02 M-S $40,0004.05s 16-This town is in Columbia County.
4s '03 M-S 40,000.._Mar 1 '28-'31 Total tax rate (per $1,000)'19_315.50
Sewer Bonds.
Refunding Bonds.
Aug 1 '32-'35
mailed to registered holders. 48 Railroad
INT.
4.605'15M-S $50,000c_Mar 1 '19-'40 43'03 F-A 40.000..
1921
M-S $23,000c
6,000__Aug 1 '19-'21
(See V. 100,15. 921, for maturity.) 4As'16
1920
5,000c
M-S
5s
'20-'21
1
r
20,000-Ap
--'16
000
5s
'19-$216,
16
TOT.BD.DT.Apr
,000
VALLEY.
1919-.324
May
NEWARK
DEBT
BOND.
Assess. val. real estate.... __1,047,060
Fire and Police Department.
in Tioga County. Floating debt Mar 15 '17-__
500
is
village
This
16,800 4s '06 M-N $50,000o_May 1 '27-'36 Incorp. in 1894. Pop'n 1915, 808;
Assess. val. personal
692,960
Assessed valuation, real
Other assessable property_ .. 55,645 4s '05 J-D 50,000o_June 1 '26-'35 1919 (est.), 900.
1,500
personalvaluation,
Assessed
Total assess. val.'18(2-3act)1,119,505 45'10 A-0 20,000o Oct 1 '33-'36
Water Bonds.
Other assessable property_ - _ 5,869
Tax rate (per $1,000) 1918-$21.02 430'12 M-N105,000c_May 1 '36-'42 430
A-0 $14,000_-Apr 1 '20-'33 Tot.ass'd val.'17 (75%act.)_700,329
43s'15 J-J 20,000c___Jan 1 1945
699,349
Lights Bonds.
Electric
assess.val. 1918
Total
3,000-_Mar 1 1943 4s
4 s'16
May $10,000._May 1 '20-'28 Tot.tax rate(per$ 1,000)'17-$24.17
MOUNT PLEASANT.
Water Bonds.
Bonds.
1,369
lmpt.
in
1915
Street
Population
Co.
r
This town is in Westcheste
430'11 A-0 $30,000____Oet 2 1931 5s
Oct $3,000- _Oct 1 '19-'24
Assessment Map Bonds.
434s'12 J-D 50,000.. ..Dec 1 1932 BOND.DEBT Apr 2f'19---$27,000 NEW PALTZ.
'19-'24
1
ug
1937
$12,000-A
3,000
330,050
5s
4)s'17 -__
Assess. val. real estate
This village is in Ulster County.
10,970 Incorporated 1887.
Road Bonds.
ibrary Bonds.
Assess. val. personal
_ _Aug 1 1932 Other assessable
6,000_
5,162 BOND. DEBT May 1919_ $51,500
4.60s ___ $147,000_Aug 1 '19-'39 3As'02$1$16.000_
'30-'39
1
-_Aug
50,000
4s
Sewage:Disposal Works.
Tot, assess. val.'19(85%act)346,182
val. real estate 1919 352,767
4,000.47Augl '19-'23 430'08 J-D $40,000__Dec 1 '48-'49 Total tax rate (per $1,0010)'19 $15.50 Assess.
4 As
1,261'
Population in 1915
4.05s 16A-Of 30,000-Oct 1 '19-33 45 '09 M-N(100,000-May 1 '50-'54
1934
1
---Oct
500_
1 10.000_--1ay 1 1955 NEWB17R GH.
ROCHELLE.
BOND. DEBT Oct 1916- $270,000
Sewerage Bonds.
This city is in Orange County. The NEW
This city is in Westchester County.
14,925,553 0'97 A-0 $13,500__Apr 1 '20-'21 prin.
Assess. val. 1916
and int. on the water bonds is
Pop'n 1910, 11.863; 1915, 12.976 330'99 M-S 30,000----Moh '22-'24 met by water rents. Incorporated Inc. 1899. Population 1915. 31,758.
Sewer Bonds.
3318'00 M-N 60,000_--May '25-'27 April 22 1865. Commission charter
'89 A-0 $45,000c Oct 1 '19-'27
_Feb 1 1928
33is'01 F-A 50.000
May 1 1915. Pop'n 1915, 4s
95,000r__Oot 1 '28-'48
MT. PLEASANT UNION FREE 330'01 M-N 40,000_ _Nov 1 1929 adopted
Treas. office. 5s '93 A-0 65,000r_
City
at
Int.
27,876.
Oct 1 '47-'59
45 '97 A-0
SCHOOL DISTRICT NO.9.
45 '04 A-0 35,000---Oot 1 1930
Bonds.
rtment
16,778.94r Aug 1'19-'28
Fire-Depa
-A
F
Co.
r
330'00
Westcheste
in
This district is
430'08 J-D 30,000r_ _ _Deo 1 1934
$550r _ -May 1 1919 330'01 F-A 93,000r_Aug 1 '19-'49
4348'09 J-J $58,000r....Jan 1 '20-'48 430'09 A-0 40,000r-Oct 1 '36-'39 45 '09 M-N
'19-'31 3 xs'99 J-D
9,109.98rDeo 1 '19-27
3,100r__Oct 1 '19-'24 4s'13 J-D 35.000r-_Dec 1 1940 430'11 M-N 11,700_ May!
Oct
4s
1 '20-'26
15.000r--Jan 1 1944 430'16 M-N 14,500-May 1 '19-'25 45 '05 M-N 35,000r_May 1
5s '14 J-J 30,000__Jan 1 '26-'55 43s'15 J-J
'20-'23
Refunding improvement Bonds 430'09 M-N 39.000r_May
5s '14 M-S 4,600_Mar 1 '24-'28 TOT. BD.DT.Apr 1919_34,242,050
1 '20-'31
ay
1932
12.421r_M
1
J-J
-Sept
430'10
$95,700
22
Apr
'19_
DEBT
$27,200r
M-8
61,422
430'12
BOND.
Floating debt
430'11 M-N 5,000r-May 1 '20-'24
Assess. val.'19(607 act.)_2.956,300 Tax-relief & water (outside
Bonds.
s'16 M-N 46,000r_May 1 '20-'42
413,000 43Paving
School tax (per $1,00)0) 1919312.88+
debt limit)
M-S $7,140r. __Sept 1 1919 4ACourt-House & Police-Sta. Bds.
3,000 Sinking funds
65,499 4s '09
Population in 1919 (est.)
860.68_May 1 1919 43is'11 M-N$87,000-May 1 '20-'41
'09 M-N
real
42,345,304
estate
val.
Assess.
Bank
1
opt
'19-'29
Pleasant
31.000r_S
Mt.
at
M-8
T
INTERES
Relief Bonds.
158,477 430'12
4.40812 J-D 10.000r_June 1 '19-'22 45 '03 M-N $24,000r_May 1 '20-'27
of Pleasantville in N. Y. exchange. Assess. val. personal
42,503.781 4
Total assess. val
s 13 F-A 97.000r_Feb 1 1938
Destructor Bonds.
Refuse
4.90
1915__..$2
$1,000)
(per
rate
Tax
'19-'30
1
ov
MT. VERNON.
4 s'13 M-N 52,500__N
430'16 M-N J22,000r_May 1 '21-'31
Mt. Vernon is in Westchester Co. INT. payable at Treas. office.
4 s'13 M-N 7,000-__Nov 1 1928
1 1,500r_ -_May 1 1932
1925
1
-Apr
28,000r_A-0
The city received its charter on
4 8'15
ossing Bonds.
F-A 34,000r_Aug 1 '19-'35 4s Grade-Cr
Mar. 22 1892. Pop'n '15, 37,583.
s'15
4
1 1939
700r..
$48
M-N
'09
NAPLES, TOWN.
Bridge Bonds.
430'16 M-N 23,000__May 1 '19-30
Street & Highway impt.
This town is in Ontario County.
5s '00 M-S $30,000-Sept 1 '21-'23
5s '18 M-8 39,667.65_Septl '19-37 330'97 M-N $7,500____Nov '19-'23
00
5
'19-$25,5
May
DEBT
BOND.
Glebe Fund.
4s '06 M-N 20.000--_May 1 1926 Assess. val. 1919 (A act.).770,212
As'99 J-D 75,000r-June' 19-'33
Water Relief Bonds.
'95 F-A $25,170r___Aug 5 1935 3
330'01 A-0 22,000r__Apr 1 '19-'29
$1,000) 1919.--$25.15 3s
1,437.37r_May 20 1943 3
5s '18 _-- $5,000____Feb 1 1921 Tax rate (per
35 '93 J-J
As'00 J-D 150,000r_June 1 '34-'63
2,285
in
1915
Population
Tax Relief Bonds.
Sewer Bonds.
As'01 J-J 30,000r_July 1 '30-'44
5s '18 ___ $170,000____Feb 1 1921
40'11 M-N $20,800r_May 1 '19-'30 3
'07 M-N 15,000r_May 1 '20-'25
5s
1
'19-'31
ov
Bonds.
Highway
4As'13 M-N 11,500__N
($5,000 due in odd years.)
48 '93 M-S *80.000.._Sept 1 '19-'26 NASSAU COUNTY.
High School Bldg. Bonds.
1 '22-'31
Created Jan. 1 1899 out of that 4.40s'17F-Af$38,000r_Aug 1 '18-'36 4 As'® M-N 100,000r_May
45 '95 F-A 125,000__Feb 1 '27-'36
M-N 8,000r___May 1 1920
4As'10
innot
County
Queens
of
portion
'37-'39
1
1937
Sopt
1
_Aug
1 1,000r__
0'98 M-S $35,000__
1 '20-21
ay
23,500r_M
M-N
448'11
York.
New
Bonds.
4s '97 M-N 40.000.._Nov 1 '40-'43 cluded in the Greater
M-N 18.000r_May 1 '20-21
see 4s Water
'10 M-S$158,000r___Mch 1 1930 430'11
4s'98'00J-J 50,000_ _July 1 '44-'48 For debt, &o., prior to formation,
ay 1 '20-'23
60,000r-M
M-N
'13
53
.
Mineola
County
statement
Queens
1
1932
'49-'52
1
ay
4s '01 M-N 35,000_M
40'12 M-S 44 000r_
Fire-Department Bonds.
Refunding Water Bonds.
43 '04 A-0 15,000.._Oct 1 '53-'55 Is the county seat.Bonds.
330'00 F-A $32,000r__Aug 1 '19-'34
Court-House
4s '05 --- 20,000 __June 1 '34-'37
330'95 M-N $12,250-Nov 1 '19-'24 53 '07 M-N 35,000r_May 1 '20-'26
1
1930
__Sept
M-S
$65,000r_
g
As
2,250r_Sept 1 '19-'21 5s '08 M-N 21,175r_May 1 '20-'30
430'10 J-J 25.000c-July 1 '46-'50 3
30'01 M-S
85,000r___Nov 1 1931 3 As'02 M-S
2,000r_Sept 1 '19-'22
4 30'08 J-D 40,000o_June 1 '38-'45 33s g M-N 100,000r__
_July 1 1929 4.205'11M-8 6,000r_Sept 1 '19-'21 430'11 M-N 3,000r-May 1 1920
4As'11 A-0 115,000o..Apr 1 '32-'43 3 As g J-J
M-N 12,000r_May 1 '20-31
Bonds.
Building
eb 1 '20-'34 430'10 M-N
90,000r_F
F
-A
430'12 M-N 25,000---May 1 1951
430'12
9.985r_May 1 '20-'22
4As'12 J-D 15,000----Dec 1 1951 4(g'14 J-10 3275.000r_June 1 '38 '43 4As'12 M-S 50,000r-Sept 1 1932 430'12
M-N
4,500r_May 1 '20-'21
'13
fis
Bonds.
1
Hospital
1952
_Feb
1
'19-'27
July
40'13 F-A 25,000__
45 17 J-J 18,000-__
00r_May 1' 20-'24
M-Nf15,0
'16
4s
1
Dec
'19-'37
15,000-_July 1 1952 4s g '16 J-D 395,000r430'13 J-J
School Bonds.
1 4,000r_ _May 1 1925
4A s'14 F-A 30.000.._Aug 1 1934 5s '18 M-N 75,000 ..Nov 1 '20-'22 33,0'03 J-J $10,000r_July 1 '19-'23
Bonds.
rovement
Local-imp
Bonds.
1
Road
4A s'15 F-A 20.000r-__Aug 1953
A-0 40,000r_Oct 1 '18-'27 0'03 M-N $52,000- _May 1 '20-'32
43ig'10 J-J $110,0000_July 1 '20-'29 4As'07
Tax Relief Bonds.
3.85s'09F-A 115,000r-Feb 1 1929 48 '04 M-N 28,000r_May 1 '20-'33
1
1931
Sept
M-S
35,000o__
'09
g
1920
4s
1
___Feb
$110,000
-__
4s '17
40.000r-July 1 1931 48 '05 M-N 6.000r-May 1 '20-'25
4.10s'11J-J
Bridge Bonds.
5s '18 -__ 110,000____Feb 1 1921
,525 4s '04 M-N 3,000r_May 1 '20-'21
1919 BOND. DEBT Apr 19 '19411,063
4s '17 --- 60,000____Feb 1 1920 55 '18 J-J $35,000r_Ju1y115
382,500 50 '09 M-N 12,136.32r May 1 1920
Water debt (lad.)
'22-'27
g
00c-Nov
1921
M-N250.0
'07
1
5s
-Feb
5s '18 --- 60,000___
4,577,906
real
val.
estate__$1
Assess.
4 s'11 M-N 15,000r_May 1 '20-'21
'27-'31
1
3,000____Feb 1 1920 4 g 11 F-A 46,000r-Feb
4s '17 ___
292,250 43.s'12 M-N 36,000r_May 1 '20-'22
val. personal____
43g'12 A-0 208,000r-Apr 1 '19-'31 Assess.
Highway Repaving Bonds.
664,506 43s'12 M-N 1,900r-May 1 '22-'23
assess. property__
Other
1
'19-'23
125,000r-Aug
g'13F-A
1
1929
4
4 30'09 A-0 325,000____Oot
1 '24-'28 Total assess. val. 1919 15,534,662 4 s'13 M-N 20,016r_Ma 1 '20-'23
448'i0 A-0 25,000o___Oot 1 1930 4. Og'13F-A 1125,000r-Aug
(40% actual)
Municipal impt. Bonds.
1250,000r_Aug 1 '29-'33
43s'11 A-0 25,000__Oot 1 1931
r $1,000)'19_$29.20 40'14
M-N1$40,000r May 1 '20-'23
3
1
'19-'20 City& sch.tax(pe
450.000r-Dec
J-D
448'll M-S 40,000_....Sept 1 1931 5s g '15
INT. on high school building
10,200r-__May 1 1924
Refunding Bonds.
5,000---_July 1 1932
4As'12 J-J
office.
City
Treas.
bonds payable at
78,500r_May 1 '20-'24
J-D
430'15
1
1921
_Sept
M-S
$130,000r
1
1932
4348'17
Nov
43.0'12 M-N 25,000-__
13,000r-__May 1 1925
1
Sept
'22-'28
4 A 5'13 F-A 15,000_ _ _ _Feb 1 1933 4 sg'17M-S 573,000. for maturity.)
4Xs'16M-NJ 50,000r_ Mayl '20-'25
NEW CASTLE.
15,000____July 1 1933 (See V. 105, p. 734,
4 s'13 J-J
4,250r _May 1 1926
1
Co.
r
in
Westcheste
is
town
This
.75
10
Apr
DEBT
'19
33.610,841
BD.
1
4 s 14 --- 30.000___Aug 1934
53 '17 M-N 184,000r_May 1 '20-'26
District No.4 (School).
4 s'16 M-N 25,000r__May 1 1935 County's proportion Crns
112,700r_ __May 11027
1919-1932
$14,000
Apr
$143.123
debt
1918_
--58
county
'19-26
ov
1
21,000r_N
M-N
16
43s
5s '18 M-N 11,637.50r-$2,000 Y'lY
District No.8(School).
4 s'16 J-D 16,000r_Dec 1 '19-'26 Assessed valuation, real-134,860,252
on May 1, beginning 1921.
J-J $2,400-until Jan 1'28
ris 18 J-J 18,000r_ Jan 2 '20-'28 Assessed val.. personal_ --3.230.600 58
MT.KISCO.
JuNE, 1919.1
NEW YORK-CITIES AND TOWNS.
NEW ROCHELLE (Concl.)
Park Bonds.
City Yard Bonds,
43.0'11 M-N $34,000r_May 1 '20-'36
4As'15 J-D $34.000r_May 1 '24-'40 58
'13 M-N 12.000r_May l '20-'22
1.000r_ _ _May 1 1941
J-D 11.000r-May 1 '24-'34
56 '17 M-N 21,000r-May 1 '23-'29
Refuse Destructor Bonds.
2,000r____May 1 1930
58 '17 M-Nj 30,000r_May 1 '23-'32
School Bonds.
4s '97 M-N$43,5000..May 1 '20-'27
1 1,000r---May 1 1933
4s '05 M-N 4,000r_May 1 '20-'23
Library Bonds.
4s '05 M-N 44,000r_May 1 '20-'30 4348'11 M-Nj$12,000r_May 1 '20-'25
4s '06 M-N 21,000r_May 1 '20-'25
1
990r...M
1926
58 '08 M-N 199,000r.May 1 '20-'30 430'13 M-N 6,000r_Mayay1 1
'20-'23
1 8,500r.. May 1 1931
Land
Damage
Bonds.
4.3is'09 M-N 40.000r_May 1 '20-'32 333'99
A-0 $16,000r_ __Apr '20-'23
00'09 M-N 12,500r_May 1 '29-'31 3148'99
430'10 M-N 55,000r_May 1 '20-'30 340'00 J-D 20,000r_ __July '24-'27
J-D 30.000r —June 1 '25-29
4is'10 M-N 55.000r_May 1 '20-'30
430'11 M-N 88,000r_May 1 '20-41
Special Assessment Certfs.
4 is'12 M-N 20.000r_May 1 '20-'21
(Subject to call after 1 year.)
59 '13 M-N 78.000r_May 1 '22-'29 Sewer 5s construction ctf_
$2,400
4s '15 M-N124,000r_May 1 '21-'32 Temporary certificates 5s..
12,905
1 1,000r___May 1 1933 Temporary tax 5s
750,000
00'16 M-N 30,000r_May 1 '21-'35 BOND. DEBT Apr 1 '18_ 3,238,338
5s '17 M-NI100,000r-May 1 '23-'32 TOTAL DEBT Apr 1 '18_ 4,003.643
1 10,500r_ _ _May 1 1933 Assessed valuation, real 60,875,726
58 '18 M-N' 64,500r.$5,000 y'rly, Assessed val.. personal_ .._
35,000
Franchises
on May 1, beginning 1924.
2,196,732
Certificate Redemption Bonds. Total valuation 1917
67,003,777
4Ms'11 M-N $6,500
May 1920 Total rate (per $1,000) 1918—$22.90
4Jis'12 M-Nj 8,000r_May 1 '20-'21
INTEREST payable at office
1 1,574.88r_May 1 '22 City Treasurer or, at the request of
of
4%9'13 M-N 9,800r_May 1 '23-'31 holder, will be remitted in N.Y.exch.
NEW YORE CITY. John F. Hylan, Mayor; Charles L. Craig, Comptroller.
The consolidation provided under the Greater New York Charter became
effective Jan. 1 1898, and New York
City now includes 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 Legislature
1912 enacted a law (Chap.
548, Laws 1912) providing for the creation of in
County of The Bronx out
of the Borough of The Bronx. The bill was the
subject to referendum of the
citizens of the borough in November 1912 and was favorabl
y passed upon
at that time but on Jan. 17 1913 was declared
unconstitutional by the
Appellate Division of the Supreme Court. V. 96, p. 299.
This deciskon was reversed, however, by the Court of Appeals
March 14
1913. V. 96, p. 810. In 1917 a bill was passed providing foron
the
secession
of the Fifth Ward of Queens (constituting the villages of Far Rockaway,
Arverne and Rockaway Beach) to set up what was to be known as the city
of Rockaway. This measure, however, was vetoed by the Mayor.
A.
similar bill was passed by the Legislature in 1915, but this too was defeated at the hands of the Mayor. The following statement includes
all of the funded debt of the former City of New York and of the municipalities in Brooklyn, Queens and Richmond which
recorded
at the date of consolidation; also such additional amountswas
as were recorded in subsequent years as being funded obligation of said
former
municipalities to 130 assumed by the City of New York. These figures
do
not include $2,007,600 revenue bonds of the former City of New York
outstanding Jan. 1 1898 and redeemable from its tax levy of 1897 nor $4,060,000 of revenue bonds or certificates of indebtedness of the former city
of Brooklyn outstanding Jan. 1 1898, but redeemable from its tax levy
for the year 1898.
DEBT OF GREATER CITY AT CONSOLIDATION JAN. 11898,
Tot. Funded Debt. Sinking Fund.
Net
Manhattan & The Bronx§$226,144,311.28 $85,654,317.52 $140.489Debt.
,993.76
Brooklyn
..... 81,626,175.53 6,734.055.69
74,892.119.84
Queens- 13,709,935.62
330,000.1
3,379,93
5.62
Richmond
3.486.736.67
--.......
---...
3,486,736.67
- -.,
11324.967.159.10 $92.718,
Total¢(noludes-;3,061,145101 special revenue bonds. 373.21 $232,248,785.89
DEBT OF GREATER CITY AT PRESENT TIME.
Since consolidation (Jan. 1 1898), the Greater City
issued, excluding
general fund bonds, special revenue bonds and revenuehas
bonds and bills, up
to Apr.30 1919, $1,140,242,689.89.and redeemed and canceled during
that
period $282,036,430.12. The following compares gross and net debt
of
the consolidated city at different dates.
65
Of the total amount of water bonds
outstanding, it is claimed
there are probably from $95,000,
000 to $100,000,000 which are that
carrying. The water revenues
selfactually realized each year
are
sufficient to meet all administration,
operation and maintenanceprobably
of the Water Department per se, and to
charges
provide
on and set aside a sum sufficient to amortize annual interest payments
and ultimately redeem the
principal of from $95,000,000 to $100,000
mainder of the water bonds outstanding ,000 of these bonds. The rerepresent to a great extent the
amount which has been expended
in the Catskill aqueduct still in course
of construction. Altogether 3198,27
5300 38 of water bonds and notes;
are exempted from the debt limit
under the provision.s of the State
stitution.
ConOf the rapid transit bonds $51,013,724 86
have been exempted by the
Appellate Division in accordance with the
provisions of the State Constitution. The lessee of the subway
Installments to the Sinking Fund on is now paying interest and annual
$52,376.727.37. Consequently,of the
total amount of rapid transit bonds
ing as shown in the table
herewith submitted over $52,000,000 outstand
self-carrying.
The revenues realized by the city fromare
the operation of the Dock Department are sufficient to meet all administ
ration, operation and maintenance
expenses, together with interest and amortiza
tion charges on
000,000 ($69,943,053) of Dock
which in consequencenearly ;70.exempted from the constitutional Bonds,
been
debt of the City by the Appellathave
of the Supreme Court in accordan
Division
ce with certain provisions of ethe
constitution.
State
The bonds which are fourth in
of arrangement in Group "A" are
assessment bonds issued by the order
city payable from assessments
against property presumably benefited
levied
the improvements made
to finance which these assessment bonds by
and
were issued. If the total interest
on these bonds was payable and the entire
principal
was redeemable from
the proceeds of special assessments laid for
that purpose it would mean
that all of these bonds were also
: but as the city in many
cases has to assume a certain fully self-carrying
ge of the assessments levied
certain improvements made, it percenta
for
follows that only a proportion of these
assessment bonds is payable principal
and interest from the proceeds of
assessments laid for that purpose. A careful
estimate of the proportion
of assessment bonds on which
principal may ultimatel require
to be provided for by the cityinterest and
place such as not exceedingy15%
the total amount thereof shownwould
of
in
Group
"A."
A conservative approxim
therefore, of the total amount of selfcarrying bonds contained ation,
in Group "A", based on
actual figures
careful estimates, would indicate
there are from $237,000,000and
$240,000,000 of these which can be that
to
so regarded.
The succeeding classifications in Groups
"B"
and "C" consist of bonds
Issued for schools and sites, libraries
and sites, city parks and places,
bridges, streets, public buildings—includ
ing hospitals charities, health,
fire, police, correction, &c.:
streets, highways: to cover, deficienc
collections, &c. The interest
in tax
on these is provided for by annualies
wether with the annual installme
tax levy
redeem the principal of such bonds.nts required to amortize and ultimately
Grossfunded Purchased
Classification According Debt,
viz.: and held
Purchase
Corporate
to Function or GenTotal Amount by Sinking and held d Stock
eral Purpose—.
Notes
Outstanding. Funds.
by Public. Outstanding.
Group "A"
Water
$
220,451,
530
32,144,2
30
188,307,300
Rapid transit
4,700,000
199,450,889 5,413,949 194,036,940
Docks and ferries
31,715,0
00
Assessment bonds (pay-121.663,418 19,730,665 101,932,753
1,950,000
able from assessments) 33,069,904
27,508,939 5,560,965
Totals of Group "A"_574,635,741
84,797,783 489,837,958 38,365,000
Group "B"
Schools and sites
119,603,539 13,252,922 106,350,617 2,129,45
Libraries and sites
8
12,197,412
1,717,515 10,479,898
90,161'
City parks and places_ _ _ 53,714,964
9,740.634 43,974,330
1,926,428
Bridges
(1)-110,332,998 11,241,555 99,091,443
262,829
Streets, highways and
trunk sewers
Public buildings, viz.: 149,908,581 35,631,899 114,276,682 4,959,421
health, fire, courts,
police, corrections, &c.106.388,654 14,528,0
89 91.860,566 4,344,977
Sundry other purposes.
..
2,330,351
5,006,777
Various municipal pur- 7,337,131
poses (unallotted)336.726
Totals of Goup "B"_ _559,483,279 88,442,9
65 471,040,315 14,050,000
Group "C".
3
Refunding bonds
Comparative Yearly Table of the Total Bonded Debt, from Jan. 1 1898
16,034,652
616,472 15,418,180
to To fund deficiencies—
April 30 1919.
taxes
29,958,102 5,000,000 24,958,102
Divided to show in separate columns the Funded Debt, the Total Sinking
Fund Holdings and the Temporary Debt as at Jan. 1 of each year and
Total of Group "C"__ 45,992,754
5,616,472 40,376,282
as at April 30 1919.
Aggregate totals of Groups
xFunded Debt
'13"
&
"0".(3)1,180,111,774 178,857,2191,001,254,555 52,415,0
viz., Corporate
00
General fund bonds_(4)_281,500,000
Stock, Corpor- Sinking
281,500,000
---Temporary Debt—
Fund
ate Stock Notes
Net Funded
Special
Revenue
Grand
totals
of funded
Holdings.
As at and AssessDebt.
Revenue
Bands and
debt
(Bonds).
Jan. 1 ment Bonds.
1,461,611,774 460,357,2991,001,254,555 52,415,000
Bonds.
Bills.
3
321,905,514 92,718,373 229187,141 3,061,645 6,067,60
1898
(1)
Includes
the
amounts
expended in the acquirement of property
0
1899 -- 341,844,226 99,386,292 242,457,934 8,179,666
7,600 anti in the construction of the new Municipal Building—$18,945,755. for
1900 — 359,620,986 105,754,872 253,866,114 3,170,311
(2) Of these, $27,765,973 94 were issued in 1910.
7,600
1912, 1913. 1915
1901 --- 384,794,598 114,388,129 270,406,469 5,388,336
anti
1916
for
deficienc
ies in taxes of 1904 and prior1911,
2,107,600
years.
1902 — 412,047,717 122,399,480 289,648,337 4,322,998 9,912,60
(4) Represent the amount of Surplus
0
Revenue of Sinking Fund, No. 1
1903 —_ 434,339,606P
296,896,657 4,272,308 22,467,600 applied toward reduction of current taxation;
these bonds are held by
1904 --- 469,123,199 142,121,103 327,002,096 7,537,149 41,748,600 Sinking Fund No. 1.
534,954,132 139,330,353 395,623,779 5,408,640 34,457,0
1905 Of the total funded debt (3) the following amounts are exempte
00 the
d under
1906 --- 565,056,513 140,380,613 424,675,900 6,280,500 42,097,0
State
Constitu
tion
and
decisions of the Appellate Division of
the
1907 — 617,484,892 150,294,187 467,190,705 7.462,500 50,412,200 Supreme Court from inclusion
in the debt limit:
70
1908 --- 672,396,965 143,187.164 529,209,801 8,368,000 53,646,0
Water bonds and notes
37
$198,275,100 38
1909 --- 730,691,994 141,671,340 589,020,654 8,991,990 74,006,6
Rapid
transit
bonds
51,013,724 86
1910 — 794,930,289 146,868,060 648,062,229 5,208,150 60,367,200
Dock bonds
69,943.053 55
1911 --- 843,503,798 154,140,290 698,363,508 7,364,625 58,874,590
County bonds
33
11,728,981 20
1912 _-- 917,811,719 157,970.000 759,841,719 5,970,165
1913 --_ 985,190,043 161,679,242 823,510,801 7,038,06 46,671,621
$330,960,859 99
1914 —1,064,418,430 169,955,028 894,463,402 6,319,226 34,712,776
ASSESSED VALUES.—The assessed valuation
1915 _.1.124,020,221' 180,217,873 943,802,348 11,925,4255 33,694,416
of property in the con1916 -_-1,154,483,821 176,078,407 978,405,414 9,367,075 48,536,947 solidated city for the year 1919 follows:
43,000.000
—Tax Rate—
1017 —.1.191,317,252 176,111,545 1,015,205,707 9,999,948 26,004,5
Real Estate. Personal Estate,
Total.
00, Manhattan _35,115,8
R.E. Pers.
1918 -_-1,219,548,477 193,749438 1,025,799,039 11,000,000
11,621
$291,286,700 $5,407.098,321 $2.32
$2.32
1919 ,...1,228,7194,972 319 1.033,797,813 12.325,000 39,074.400 Bronx
731.808,972
12,674,400
744,483,372 2.37
33,996,500 Brooklyn— 1,865,12
2.37
April 30
3,952
44,907,205
1,910,031,157
1.119___1,232,526,774 107,371,319 1,035,155,455
2.36
2.36
Queens
604,827,
476
10,934,300
2,739,900 116.126,000
615,761,776 2.37 2.33
Richmond_
110,750,732
x The funded debt on Jan. 1 1912 included $23,795,579 of the corporat
2,610,175
113,360,
907
2.41
2.41
e
stock notes described below; $35,391,095 of these securities were
included Total 1919_ -58,428,322,753 5362,412,780
on Jan. 1 1913, $62,435,562 Jan. 1 1914,;58,608,977 Jan. 11915,$34,080.
$8,790,735,533
285 Jan. 1 1916, $35,348,500 Jan. 1 1917 $18,447,000 Jan.
1 1918, $38,Total valuations for each borough in previous years
709,000 Jan. 1 1919 and $52,415,000 April 30 1919. None outstand
were as follows:
ing at
Man.&TheBenz. Brooklyn.
previous dates.
Queens.
Richmond.
Total
The funded debt as given above is exclusive of general fund
1918-6,0
22,866,7
1,866,49
36
bonds
7,460 599.508,475 102,185,055 8,591.057,728
as
follows: 58,500,000 at Jan. 11904, $18,000,000 at Jan. 1 1905,
$29,000,000 1917..6,151,202,497 1,848,401,152 580,131,207 93,967,459 8,673,705,315
at Jan. 1 1906, $40,750,000 at Jan. 1 1907, $54,250,000 at Jan.
1 1908, 1916-6,152,154,616 1,796,150,060 546,105,674 89,944,152 8,584.352,511
$68,750,000 at Jan. 1 1909, $85,500.000
at Jan. 1 1910, $102,500,000 at 1915-6.122,083,549 1,735.518,436 517,155,
078 86.058,929 8.460,815.992
Jan. 1 1911, $120,000,000 Jan. 11912, $137,500,000
Jan. 11913, $159,- 1914..6,101,412,243 1.710,471.995 494.601.906 83.669,3
500,000 Jan. 1 1914, $183,000,000 Jan. 11915. $206,000
28 8,390.155.472
,000 Jan. 11916, 1913...6.037,889.883 1.726.310.461 484.533.686 83.335,471
$229,500,000 Jan. 11917. 8254,500,000 Jan. 1 1918,
9.201
1912..5,
,500,000 Jan. 1
938.069.111 1.723,496,394 463.147.289 80.149,636 8.332.06
1919 and $281,500,000 April 30 1919. There is also$281
8,204,862.430
1911...5,
excluded
937,880.4
1.745.02
from
65
6,899
the
451,909,
227
above table tax notes which on Jan. 1 1918 amounted to
81,946,698 8.216.763.287
1910-.5.
543.421.
$4,000,0
1.463,36
737
00,
8.346 339,922,440 70,124,9 7,416.837,499
on
Jan. 1 1919 $3,000,000 and on April 30 1919 $900,000. None
outstanding 1905.-4,680,680,189 1.031,894,265 149.499,728 50,072.076
at previous dates.
1900-.2.799,871,672 695,335,940 109,926,453 48,988,1 45 5,912.146,227
28 3,654,122,193
The table below of the City's funded debt as at April 30 1919,
1899.-2,
669,088,
835 665,092.980 110,066,632 44.103.582 3.478.35
is designed,
2.029
to first present the total outstanding amount of
65,490,372
(*)
which have been 1898-2.3
Issued to finance undertakings that are largely, orbonds
1897,-2,
168.635.
856
603.796,
463
in part, self-carrying.
In the first group (Group "A'') are shown the total amounts
1896-2,1
06.484,905 555,103,714
rapid transit bonois, docks and ferries bonds and assessmeof water bonds, 1895-2,016,947.662 563,987.132
nt bonds pay- 1890-1,696,978,3
able from assessments. These make a combined total
90 452,758.601
of
3574,635.
'741.
City's
which
the
1885-1,371.117,003 330.683,762
sinking funds hold $84.797,783 and the public
of
holds 1880-1,143,765,7
$489,837,958.
27 234.835.991
*No assessment or tax in 1898.
,
66
NEW YORK-CITIES AND TOWNS.
[VOL. 108.
sf25,000__Nov 1 '42
g '02 M-N
New koadway & Route of Spuy- 3
150,000....Nov 1 '42
made on the basis of about real
M-N
In 1903 the assessment of real estate wasre,
ten Duv. & Pt. Mor. RR. Co. 3'02
of those
excess
in
500__Nov 1 '52
greatly
are
sf191,
M-N
therefo
values,
'03
g
3
uent
1
'53
Nov
subseq
M-N sf$551,025__
value; 1903 and
'04
g
3
lower.
much
Is
rate
tax
100,000__Nov 1 '52
the
M-N
.). 3'03
for previous years, and consequently
Montague St. Library (Bklyn
00_ _Nov 1 '53
ture, the collection of taxes takes
st174,0
M-N
'03
g
3
1
'52
v
000-No
(Under a law passed by the 1911 Legisla
sf$40,
M-N
'03
3g
heretofore. V. 93, p. 63.1
sf26,500__Nov 1 '53
0_ _Nov 1 '53 3 g '04 M-N
sf30.00
place semi-annually Instead of annually, as
M-N
'04
its
g
3
in
city
the
against
d
150,000__May 1 '54
3'04M-N
(State Supreme Court early in 1916 decide
Sites for Carnegie Libraries.
ed from personal tax valuation
g '02 M-N ' st100,000_ _Nov 1 '42
efforts to have value of bank shares exclud
3 g '02 M-N sf$250.000__Nov 1 '42 3 g
906.1
page
4
1916,
Mar.
00__Nov 1 '52
of
icle"
sf25,0
M-N
See
"Chron
'02
tax.
3
in levying direct State
g '03 M-N sf202,154_Nov 1 '52
000__Nov 1 '52
city's right to make its own ap- 3 g
st23,500__Nov 1 '53 3 g '03 M-N sf406,
[The State Supreme Court upholds the
See "Chronicle" of 3 '03 M-N sf150,
....Nov 1 '52
tions.
150.000
corpora
M-N
foreign
of
3'03
ty
1
ov
'53
l
proper
000__N
persona
of
praisal
3 g '04 M-N
500__Nov 1 '53
90,000-Nov 1 '53 3 g '03 M-N sf231,
Ag'04M-N
May 27 1916, page 20015.1
city had been carrying as an asset 3
sf77,000 _ _Nov 1 '53
M-N
'04
g
3
'54
1
ay
0-M
250,00
[The sum of $18,439,335. which the
M-N
3
Ag'04
435,000_ _Nov 1 '53
unsatisfied claims against 92,844
for the past eleven years and representing
ngs(Dept. of Correction). 3qg'04M-N
sf15,000__Nov 1 53
to 1905, inclusive, was wiped from the 3 gBuildi
persons for personal taxes from 1899te
'98 M-N sf$40,000_ -Nov 1 '28 3 g'04M-N
13 1916. V. 103, p. 1528.1
649,000_ _Nov 1 '54
Oct.
-N
on
g'04M
3
1
Estima
of
v
'28
Board
00_No
the
by
300,0
books
8M-N
city's
issued a report dealing with the 33g'9
sf1,000_ _Nov 1 '54
650,000_ _ Nov 1 '29 3A g'04M-N
(The City Comptroller on May 1 1917
A g'99M-N
1 '53
the imposition and subsequent liqui- 3
0__Nov 1 '52 3 g '04 M-N sf297,500__Nov
150,00
M-N
city's experience in connection with See
Ag'03
3
1761.)
00__Nov 1 '23
P.
V.
sf65,0
104,
M-N
tax.
'98
se
g
3
franchi
ies).
special
Charit
dation of the
(Dept. Pub.
Bidgs.
v
1 '41
00__No
sf30,0
Govthe
.-On May 20 1916
3 g '99 M-N sf$31.517__Nov 1 '29 3 g '01 M-N
PAY-AS-YOU-GO POLICY APPROVED
sf2.000Nov 1'18-29
1916 Legislature providing for the 3 g '00 M-N sf125,000_ _Nov 1 '40 2 g'98M-N
1
ernor signed the bill approved byofthe
'18-29
0Nov
sf3,00
"State
See
-N
2
1
o
'41
policy.
g'99M
_Nov
-you-g
0_
the pay-as
sf10.00
3 g '01 M-N
incorporation in the city charter icle"
sf6,000__Nov 1 '29
May 27 1916.
sf10,000__Nov 1 '42 2 g'00M-N
3 g '02 M-N
and City Department" of "ChronLegislafor
sf2,000_ _Nov 1 '29
ture passed a bill which was later 3 g '02 M-N
sf30,000_ _Nov 1 '52 2 g'01M-N
In 1918, however, the State
this
ng
00__Nov 1 29
financi
in
sf12,5
1
M-N
3
g
'03
relief
ov
'52
the
for
000_,N
or
g '03 M-N sf375,
approved by both the Mayor and Govern
ter in 3 g
Crotona Park.
sf87,500__Nov 1 '53
period of the war and one year thereaf
ov 1 '28
city's obligations during ethe
new 3 '03 M-N
000__N
The
sf$30,
bonds.
M-N
serial
'99
g
and
3
1
'53
stock
ate
00-Nov
corpor
of
sf40.0
3 g '04 M-N
reference to the issuanc
Bronx Park.
n to corporate stock and serial bonds 33,g'04M-N
175,000__Nov 1 '53
law perrnits the city to issue, in additio
ate stock each year, 3Ag'04M-N
1 '54 3 g '99 M-N sf$63,000_-Nov 1 '29
v
corpor
or
0_-No
bonds
in
200.00
0,000
$15,00
law,
by
ized
now author
there- 3 g '00 M-N st162,000__Nov 1 '40 3 g '01 M-N st125,000_ _Nov 1 '41
period of the war and for one .year
dating from Jan. 1 1918, for the
st50,000__Nov 1 '42
public improvements The full 3 g'01 M-N
sf25,000__Nov 1 '41 3 g '02 M-N
after, the proceeds to be used in neededicle"
sf10,000_ _Nov 1 '52
13 1918, page 1596. 3 g '02 M-N
April
of
s151.000_Nov 1 '42 3 g '02 M-N
"Chron
the
in
found
be
will
law
text of the
sf15,000__Nov 1 '52
M-N
'03
g
3
s.
as the "Genn
Record
of
(know
Hall
New
bond
of
,
kind
new
.
--,-A
M-N
BONDS
03
• GENERAL FUND
for 3 g '99 M-N sf$150,000__Nov 1 '29 3 g
Legislature in 1903. It is issued old
50,000__Nov 1 '52
-N
A
g'03M
3
'29
1
eral Fund Bonds") was created by sthe
_Nov
0_
the
of
500,00
fund
-N
sinking
g'99M
A
the
of
3
es
,000 _ _Nov 1 '53
revenu
15
sf
surplu
M-N
the
ng
'03
g
3
releasi
of
e
the purpos
250,000__Nov 1 '30
to be applied to the reduction of 3Ag'00M-N
st5,000_ _Nov 1 '53
M-N
City of New York, and to allow the money
ed, 3A g'00M-N 2,705,800_ _Nov 1 '40 3 g '044M-N
100,000....May 1 '54
will be issued only in the way Indicat
3Ag'0
'40
1
taxation. Under the law the bonds
ov
the
for redemption of
3Ag'00M-N sf104,200__N
100,000_ _Nov 1 '40
-N
and they will be taken for account of sinking fund
500,000_ _Nov 1 '52 3A g'0091
Apr. 30 1919 $281,500,000 3Ag'03M-N
sr6,000__Nov 1 '41
'01 M-N
city debt No. 1. See V. 76, p. 610. Up to
700,000_..May 1 '54 3 g
1 '42
3Ag'04M-N
3 g '02 M-N sf125,000 _ _Nov
of these bonds had been issued.
st25,000__Nov 1 '51
Hall of Records (Kings Co.).
for Greater New York
3 g '02 M-N
APPROPRIATIONS.-The total appropriation
025,000_ _Nov 1 '52
it was 998,619,- 3 g '01 M-N sf$20,000_ Nov 1 '41 3 g '02 14-N
1902
for
8,972;
was
$90,77
it
1900
in
3,084:
In 1898 was $77,47
; 3Ag'03M-N ' 400.000__Nov 1 '52 3 g '03 M-N sf100,000_ _Nov 1 '52
05,490; for 1908, $143,572,266
600; for 1904, $106.674,955; for 1906, $116,8
for
49,900__Nov 1 '52
0,657,• 1914, $192,995,551; ap3Ag'00M-N
Richmond County Jail.
for 1910, $163,130,270; for 1912, $181,00
5,000
100,000....Nov 1 '53
$13,97
ing
(includ
.81
sf$3,000__Nov 1 '52 3Ag'04M-N
56,155
3 g '03 M-N
$212,9
1916,
1915, $198,989,786; for
_ _May 1 '54
100,000
-N
'53
,000);
1
of
tax
g'04M
_
3
_Nov
A
$20,000
State
,000
sf5
direct
3 g '03 M-N
portioned to N. Y. City as its share of the
Public Parks.
in 1917); for 1918 the ap- 3 g '04 M-N
sf50,000__Nov 1 '53
for 1917, $211,114.136.82 (no direct State tax
,000__Nov 1 '20
st$160
M-N
g
'98
3
School Houses and Sites.
re1v9
sf17,000__Nov 1 '20
:vgit9
3 g '99 M-N
actienfar. Onli54)010ogi
...[Ff3ileCiVeCitngltu
svVeeJ
'
itra
Vgrael(
3 g '98 M-N sf$618,507_Nov 1 '28
sf863__Nov 1 '20
amounting to $8,522,629.61. The
'28 3 g '98 M-N
in 3 g '99 M-N sf535,473....Nov 1
$248,025.434.88, including a State tax
and
sf20.915__Nov 1 '20
mills
M-N
1.08
of
'99
tax
g
3
direct
a
for
ng
sf20,074_Nov 1 '28 3 g '00 M-N
3 g '00 M-N
1917 Legislature passed a bill providi
00_Nov 1 '40
st14,0
1 '28
1918 for 1.06 mills.
here- 3A13.98M-N 1,820,785__Nov
3Ag'00M-N 2,000,000....Nov 1 40
by the Governor providing thatmeas300,000„Nov 1 '40 3
M-N
On April 26 1917 a bill was signed
3'00
Nov 1 '20
the
a556..
of
M-N
terms
'98
the
g
Under
.
1 '52
after this city shall have a tentative budget
3 g '03 M-N' sf750,000__Nov 1
st31,350__Nov 1 '20
3 g '99 M-N
in items must be prepared and must
500,000.__Nov '52 3
ure a budget setting forth every expenseion.
the 3Ag'03M-N
_Nov 1 '41
0_
that
ed
658,00
-N
provid
g'01M
further
A
is
It
discuss
'53
1
v
be ready by Oct. 10 for public
3 g '03 M-N sf150,000_No
g '01 M-N st125,000_ _Nov 1 '41
t must file with its Secretary on Oct.20
sf13,000....Nov 1 '53 3
Board of Estimate and Apportionmen
is to 3 g '03 M-N
1M-N 1,392.000__Nov 1 '41
ed budget, after which date no item
987,000.._Nov 1 '53 3Ag'0
each year, a copy of the proposin
3Ag'03M-N
20
Oct.
n
st1,000__Nov 1 '42
Betwee
ed.
g '02 M-N
increas
3
budget
the
y
'53
000.__NOY 1
2,200,
be added, nor any item alread
M-N
Ag'04
debe
3
may
r,
sf15,000__Nov 1 '41
howeve
3 g '01 M-N
and the date of adoption of the budget any item,
3Ag'04M-N st135,000_ _May 11'54
st1,247__Nov 1 '21
M-N
'98
g
3
'54
_Nov
d.
000_
droppe
or
creased
3A g'02M-N 2,865,
sf940_ _Nov 1 '29
000--Nov 1 '42 3 g '99 M-N
1,800.
M-N
3
Ag'02
POPULATION (U. 3. Census figures)316,220_ _Nov 1 '29
1900.
1910.
00_ _Nov 1 '52 3 g '01 M-N
1900.
1910.
990,000__Nov 1 '41
9 3Ag'03M-N 1,000,0
1M-N
152,99
3Ag'0
1
284,04
'53
.
1
_Nov
0_
Queens.
of
Boro.
sf50,00
202
g '04 M-N
260,000....Nov 1 '41
Greater N. Y.._..4,766,883 3,437,600 Boro. of itich'd- 85,969
g'01M-N
67,021 3
sf10,000_ _May 1 '54 3 A
3Ag'04M-N
Man. Az Bronx.._2,762,522 2,050,
sf70,000__Nov 1 '21
'54 3 g 98 M-N
3Ag'99M-N 2,590,000...Nov 1
00._Nov 1 21
Boro.of Beklyn 1,634,351 1.166,582
sf83.5
M-N
g'99
3
'29
1
for
_Nov
Census
,327_
to the State
3 g '99 M-N sf1,656
Riverside Drive.
The population of the Greater City, according
'29
3Ag'99M-N 1,700,000_Nov 1
st91,610....Nov 1 '40
M-N
1915, is officially reported as 5,047,221.
sf8,273_1.Nov 1 '40 3 g '00 M-N
3 g '00 M-N
sf75,000„Nov 1 '41
sf41,000 _Nov 1 '40 3 g '01
3Ag'00M-N
DETAILS OF INDEBTEDNESS.
sf15,000__Nov 1 42
the 3A g'00M-N 1,859,000_ _Nov 1 '40 3 g '02 M-N
regarding the indebtedness ofpart
sf3,000__Nov 1 '52
M-N
'03
g
3
The tables which follow give full details
1
'41
_Nov
g
0,000_
formin
M-N
sf1,00
ns
3 g '01
hs and other divisio
sr',500 _Nov 1 '40
M-N
'00
g
3
'41
1
consolidated city and the various boroug
ov
000__N
1,000,
1M-N
g
fund.
3Ag'0
sinkin
the
.. Nov 1 '28
in
hold
500,000
are
-N
1)
(s
g'98M
3A
of it. The loans marked
Brooklyn.
100,000...Nov 1 '29
-N
g'99M
A
3
'29
1
.
Nov
YORK
615.._
NEW
OF
sf$85,
3 g '99 M-N
v 1 '41
00__No
FUNDED DEBT OF THE CITY
st20,0
M-N
'01
g
3
'29
1
3Ag'99M-N 1,800,000__Nov 1 '40 3 g '01 M-N
150,000__Nov 1 '41
(As Constituted from January 1 1898.)
sf7,385__Nov
on,.of 3 g '00 M-N 2,188,
sf50.000_ _Nov 1 '42
M-N
provisi
'02
the
g
3
under
York
'40
1
New
of
ov
City
the
of
000__N
fund
3Ag'00M-N
Payable from the sinking
sf18,703_ _Nov 1 '52
sf2,000_ _Nov 1 '40 3 g '03 M-N
Sections 200-of theilteater New York Charter.
3A g'00M-N
sf30,000_ _Noy 1 '53
g '03 M-N
3 g '01 M-N sf300.000__Nov 1 '41 3
Hospital Bldg. (Gouv. Slip).
06,000_ _Nov 1 '53
M-N
'04
g
3
Account of Armories.
'41
1
'28
1
..Nov
„Nov
0
900,00
$50,000..
1M-N
M-N
33-g'0
3
Ag'98
'23
1
v
00__No
50,000....Nov 1 '53
4M-N
sf$8,5
33ig'0
M-N
3 '98
85,000....Nov 1 '30
Queens.
sf11,000_ _Nov 1 '23 3A g'00M-N
749,920_ _May 1 '54
-N
g'04M
3g '99 M-N
A
3
'29
1
50„Nov
sf$7,6
M-N
'99
) 3g
080_ _May 1'54
sf38.563.49Novl '40
M-N
Gouverneur Hosp.(Manhattan
Ag'04
3
3 g '00 M-N
'29
1
..Nov
sf50,000 _
'30 3 g '03 M-N
sf$5,000__Nov 1 '53 3A g'99M-N
085,000_ _Nov 1 '40
3 g '00 M-N sf115,681.32Novl
450,000.. _Nov 1 '29 3 g '00 M-N
20__Nov 1 '18
sf3,000__Nov 1 '53 3A g'99M-N
sf7,500_ _Nov 1 '40 3 g '04 M-N
st10,0
M-N
'98
g
3
3 g '00 M-N
'40
1
v
50__No
sf49,3
100,000 __May 1 '54 3 g '00 M-N
, -sf10,000__Nov 1 '40 3A g04M-N
3 g '00 M-N
_ -Nov 1 '40 3 g '99 M-N
sf5,000
-N
g'00M
3
Sites.
Public Parks.
Armories and
145,000....Nov 1 '40
Public Hospital Site (Lenox 3A g'00M-N
00_ _Nov 1 '28
$540,000__Nov 1 '41
3Ag'01M-N
3Ag'98M-N sf$21,062_
Ave.,136th 3c 137th Sts.).
3 g 01 M-N st100,000__Nov 11 '41
_Nov 1 '28
sf10,000__Nov 1 '41 3 g '02
3Ag'01M-N
....Nov '41 3Ag'98M-N 1,717,3
-N sf$220.271__Nov 1 '52 3 g '01 M-N
M
100,000
1
'42
_Nov
53_
886,886_ _Nov 1 '40
3Ag'00M-N
_Nov 1 '52 3A g'01M-N
3 g '02 M-N sf566,6
sf50_
'41
1
.Nov
M-N
'03
,000...
g
3
200
v 1 '29
0....No
st65,00
sf6,000....Nov 1 '52
M-N
00
g
3
).
3 g '02 M-N
(Bronx
al
Hospit
Richmond.
st6,500__Nov 1 '21
sf46,500_ _Nov 1 '52 3 gNew
3 g '03 M-N
'03 M-N sf$11,000_ _Nov 1 '53 3Ag'99M-N
$100,000__Nov 1 '29 3 g '98 M-N
sf15,000__Nov 1 '53
st22,994_ _Nov 1 '21
). 3 g 00 M-N
g '99 M-N
3 g '03 M-N
(Bronx
3
al
'40
1
v
am
Hospit
00__No
Fordh
sf47,0
New
'53
st20,000_ _Nov 1 '41
3 e '04 M-N sf$350,000__Nov 1
sf$35,000_ _Nov 1 '53 3 g '01 M-N
150,000__Nov 1 '41 3 g '01 M-N
oo.noo_ _Nov 1 '53 3 g '04 M-N
st7,500__Nov 1 '42
3•-.;v411M-NT
g '02 M-N
50,000_.May 1 '54
M-N
High Schools and Sites. 1 '29 3
250,000-May 1 '54 3Ag'04
st5,000-Nov 1 '53
M-N
'03
g
al.
3
3Ag'04M-N
Nov
Hospit
ue
,351__
Bellev
New
3 g '99 M-N sf$245
sf48_ _Nov 1 '53
'54
1
M-N
.May
'04
Criminal Court House.
g
0_
'29
3
$50,00
sf1,500__Nov 1
3 '04M-N
3 g '00 M-N
st11,541_ _Nov 1 '42
3 g '02 M-N
3 g '98 M-N st$20,000__Nov 1 '23
al.
'40
1
v
Hospit
m
19__No
Harle
New
st26,4
M-N
g
'00
3
0_ _Nov 1 '53
350,00
'52
1
M-N
_Nov
Criminal Court Bldg.(Manh'n).
Ag'04
00_
3
'40
1
sf$13.0
3__Nov
M-N
813,48
33g'00M-N
1 '52 3 g '03
ov 1 '42
3 g '03 M-N sf$97,000_ _Nov
200,000_.May 1 '54 3 g '01 M-N sf112,637__Nov 1 '41 3 g '02 M-N sf185,604__Nov
M-N
1 '29
sf35,000__Nov 1 '53 3Ag'04
Se Sciences 3A g'01M-N
3 g '04 M-N
3Ag'90M-N 1,365,000--N
1
'41
Arts
m
Nov
_
_
Museu
.000
800
Bklvn.
•
Park.
l
Dist. Municipal Court Site.1 '53 3Ag'00M-N
Centra
00_ _Nov 1 '30 3 g '04 M-N
'53
1
$261.5
0-Nov
sf1,00
v
1 '40
_Nov
00__No
000_
st$2,0
sf$127,
M-N.
'30
1
M-N
'00
'04
g
3g
sf38,500_ _Nov
75,000__Nov 1 '53 3
g'00M-N
3Ag'04M-N
sf8,200__Nov 1 '40
County Court House Repairs. 3
3 g '00 M-N
sf300,000_ _Nov 1 '41
Richmond.
1 '41
_
_Nov
st7,882
sf$5,000_ _Nov 1 '53 3 g '01 M-N
M-N
'01
g
3 g '04 M-N
3
'41
1
or
Art.
of
3 g '01 M-N sf$100,000_N
Metropolitan Museum..Nov
Court House for Appellate 1Div.
Van Cortlandt Park (Skate and
1 '28 3 g '03 M-N
sf20,000_ _Nov 1 '53
8600.000..
$250,000_ _Nov '28 3Ag'98M-N
.
House)
Golf
3Ag'98M-N
1
'53
'29
1
_Nov
0_
_Nov
0_
sf55,00
sf50.00
3 g '04 M-N
sf75,000__Nov 1 '29 3 g '99 M-N
3g '99 M-N
3 g '00 M-N sf$10,000__Nov 1 '40
s170,000_ _Nov 1 '40 'Toilet Facilities, City Parks.
sf10.000__Nov 1 '29 3 g 'Ott M-N
st10,000_Nov 1 '40
3 g '00 M-N
sf$3,000_ _Nov 1 '52 3 g '01 M-N
sf50,000__Nov 1 '41 3 g '03 M-N
.
375,000_ -Nov 1 '29 3 g '01 M-N
Silver Lake Park (Richmond)
3y,g'99M-N
'52
1
v
'42
1
v
00__No
00__No
sf11,5
sf30,0
3 g '03 M-N
g '02 M-N
00_ _Nov 1 '40
st$85,0
J-J
'01
g
3
Court House Site (Bronx). 1 '40 3
....Nov 1 '53
_Nov 1 '41 3 g '03 M-N
,000_
sf2,000
sf55
M-N
'01
g
3
1
'40
..Nov
.
_Nov
78_
30,000.
$147,0
N
3 '00M'42 3 g'04 M-N
s119,500....Nov 1 '53 3 g '00 J-JRichmond Parks.
3 g 01 M-N sf101,000__Nov 1
County Court House Repair1s.
Other
sf14.000_ _Nov 1 '52
Public Comfort Stations.
sf1,357_ _Nov '52 3 g '02 M-N
sf$5,000_ _Nov 1 '41
3 g '02 M-N
,000_ _Nov 1 '53 3 g '03 M-N sf$10,000_ _Nov 1 '52 3 g '01 M-N
10
sf
M-N
'03
1
'52
g
v
3
79__No
sf27,1
sr31,500_ _Nov 1 '42
'02 M-N
g
3
3 g '03 M-N
153
v
'53
1
v
0....No
00__No
sf16,00
sf10.0
M-N
'()4
M-N
g
3
stl,000_ _ Nov 1 '52
sf2,500_ _Nov 1 '53 3 g '04
M-N
'03
g
3
'53
3 g '03 M-N
1
_Nov
_
50,000
M-N
y.
33gt4
).
Histor
(Bronx
on
Nat.
of
st1,000_ _Nov 1 '53
m
Erecti
Museu
M-N
House
'03
Am.
g
Court
100,000_ _May 1 '54 3
'53 3Ag 98M-N
$300,000 __Nov 1 '28 3Ag'04M-N
M-N ' st3,095_ _Nov 1 '53
'04
g
3
3 g '04 M-N sf$10,000....Nov 1onal
yn.
Brookl
150,000 _ _ Nov 1 '29
Improvement.
Park
ct
3A g'99M-N
Prospe
Municipal Bldg. & Additi
'52
1
00_ _Nov
250,000_ -Nov 1 '28 3 g '03 M-N sf$60,0
sf$10.000_ _Nov 1 '42
Court Bldg. (Brooklyn). 1 '53 3Ag'98M-N
sf25,000_ _Nov 1 '53 3 g '02 M-N
150,000_ _Nov 1 '29 3 g '03 M-N
d Park.
sf$7,500_ _Nov
Sewar
H.
Wm.
3Ag'99M-N
3 g '03 M-N
'53
1
v
0....No
sf43,00
'42
sf75,000__Nov 1 '40 3 g '04 M-N
3 g '02 M-N sf$30,000_Nov 1
Court House Constr. (Bklyn). 3 g '00 M-N
College of City of New York.
sf75,000_-Nov 1 '40
025.000_ _Nov 1 '52
3 g '04 M-N sf$35.000_ _Nov 1 '53 3 g '01 M-N
1 '41 3 g '02 M-N
'41 3 g '01 M-N sf$14,860....Nov 1
v 1 '52
00__No
sf75.0
M-N
'03
g
3
Borough Hall (Queens). 1 '53 g '01 M-N sf200,000_ _Nov 1
'42
_Nov
18_
sf20,000_ _Nov 1 '52 3 g '02 M-N sf121,1
sf6,300__Nov 1 '53
3 g '04 M-N sf$40.000_ _Nov s). 3 g '03 M-N
st16.051__Nov 1 '42 3 g '04 M-N
sf25,000__Nov 1 '53 3 g '02 M-N sf500,
Court House Repair (Queen
Driveway along Harlem River:
3 g '03 M-N
000__Nov 1 '52
0....Nov 1 '40
sf$5,000_ _Nov 1 '53 3 g '04 M-N
sf30,500__Nov 1 '53 3 g '03 M-N
$300,00
-N
ig'00M
y
3
3 g_'04 M-N
'54
1
..May
100,000_
50,000_-Nov 1 '53 3Ag'04M-N
Widening 59th St.
orough Bldg. (Richmond).'52 3Ag'04M-N
ory.
Medical College Dormit
50,000_-May 1 '54
sf$5,000_ _Nov 1 '41
M-N
g
'01
3Ag'04M-N
3
3 g '03 M-N sf$44,000....Nov 11 '53
'52
1
_Nov
00_
sf$50.0
sf35,000-Nov 1 '52 3 g '03 M-N
040,000_ _Nov 1 '42
sf5,000_Nov
3 g '03 M-N
3 g '03 M-N
sf3,000__Nov 1 '53 3 g '02 M-N
sf17,000-Nov 1 '53 3 g '04 M-N
sf88,491_ _Nov 1 '53 3 g '04 M-N
Bridge Connecting Pelham Bay
3 g '04 M-N
Building !mot., Wards Island
Island.
50,000...Nov 1 '53
City
50,000_..May 1 '54 3Ag'04M-N
and
Park
3;ig'04M-N
and Central Islip. _Nov 1 '29 3 g '98 M-N sf$135,000_ _Nov 1 '19
50,000.. May 1 '54
3A g'04M-N
Public Bldg. (Crotona Park).
sf$1,000_
3 g '99 M-N
sf80.000__Nov 1 '41
$75,000_ _Nov 1 '28
Museum & Herbar urn 3 g '01 M-N
_ _Nov 1 '29 3 g '01 M-N
cal
sf1,000
334g:98M-N
Botani
. g '08 M-N sf$150,000__Nov 1 '28
over Eastchester Bay.
Public Bath, Rivingston Street
Public Parks and Parkways. 3 gBridge
ov 1 '28 3
M-N sf$52,500_ _Noy 1 '53
sf15,000__Nov 1 '28
3 g '99 M-N
3 g '98 M-N sf$20,000__N
Construction and !mot. 1 '29 3 g '04
st10.000_ _Nov 1 '41
M-N
'01
50,000.__Nov 1 '28 3 g '00 M-N
sf10,000__Nov 1 '28 3Ag'99
Nov
00_
3Ag'98M-N
8100,0
M-N
s12,500__Nov 1 '52
200,000.._Nov 1 '28 3 g '00 M-N 31100,000_ _Nov 1 '40 3 g '03 M-N
3Ag'08M-N
Interior Public Baths.
sf2,500_Nov 1 '53
'42
sf10.000-_Nov 1 '41 3 g '04 M-N
3 g '01 M-N
3 g '02 M-N sf3150,000__Novv 1
Bklvn Institute Arts &Sciences.
Y. Cent. Tracks.
N.
over
s
Bridge
'42
1
v
'52
1
00-_No
'52
1
0....No
sf80,0
_Nov
sf72,00
'02 M-N
M-N sf$49,500_
g
3
'03
g
3 g '03 M-N
3
000...Nov 1 '22
31615,
M-N
'98
g
3
'53
1
sf10,000_ _Nov
250,000 _ _Nov 1 '52 3Ag'04M-N
150.000_ _Nov 1 '54 3 g '04 M-N
3A g'03M-N
sf18,000_Nov 1 '22
g '99 M-N
sf40,000_Nov 1 '53 !mot. Brown Stone Building, 3 g '98 M-N sf 115.500_ _Nov 1 '21 3
3 g '03 M-N
...Nov 1 '28
50.000.
8M-N
3Ag'9
'21
1
1
'53
0__Nov
_Nov
0_
sf8,00
sf10,00
3 g '99 M-N
3 w '01 M-N
st2,000_ _Nov 1 '41
City Hall Park.
sf15.000-Nov 1 '18 3 g '01 M-N
100,000__Nov 1 '53
3Ag'04M-N
sf$1,000-Nov 1 '53 3 g '99 M-N
'04 M-N
g
3
'54
1
May
0_
350,00
M-N
3Ag'04
JUNE,1919.]
NEW YORK-CITIES AND TOWNS.
67
NEW YORK CITY (Continued)- 3 g '02 M-N
sf$81,431_Nov 1 '42
Bridge over Bronx River.
phical Bureau (Brons). 4 g '07 M-N
3 g '03 M-N
513,612_ _Nov 1 '52 3 gTopogra
'04 M-N
3 g '98 M-N
sf$9,000__Nov 1 '19 3 g '02 M-N
sf$1,000_ _Nov 1 '53 4 g '07 M-N sf3293,000__Nov 1 '56
81120,00
0_ _Nov 1 '42 3 g '04 M-N
3 g '99 M-N
sf1,000_-Nov 1 '19 3 g '02 M-N
511,000_ _Nov 1 '54 33,68'04M-N 22.707,000_ _Nov 1 '56
sf50,000
5169,500--Nov 1 '54
3 g '00 M-N
516,000_ _Nov 1 '19 3 g '03 M-N 51301,86 __Nov 1 '52
Paymen
t
of
Awards.
3%g'04M-N 18,430,500__Nov 1
1_ _Nov 1 '52 3 g
3 g '04 M-N
s500.-Nov 1 '53 3 g '03 M-N
'54
'04 M-N
5139,499_ _Nov 1 '53 3 g'05M-N
5135,000_ _Nov 1 '53
5181.250_ _Nov 1 '54
3 g'01 M-N
5175_,000Nov 1 '41 3 g '04 M-N 51124,00
3
5'04M-N
3345'05
100,000
M-N 15,918,750_ _Nov 1 '54
-_Mayl '54
0_ _Nov 1 '53
Bridges-Port Morris Branch 3 sig'04M-N
3
g
04
M-N 51165,000_ _Nov 1 '53 3hg'05M-N 12,500,000_
100,000_ _Nov 1 '53
_Nov 1 '55
N. V. N. H. & It RR.
3%5'04M-N
4 g 07 M-N
200,000_.May 1 '54
Acquisition of Land.
360,440__May 1 57
3 g '99 M-N
sf$9,000._Nov 1 '21 3 g 99 M-N
5110,800_ _Nov 1 '29 3 g '04 M-N
sf$1,800_ _Nov 1 '53 4 g '07 M-N 9,000,000_ -May 1'57
3 g '00 M-N
sf1,000_-Nov 1 '40 3 g '01 M-N 51200,00
4 .68'07M-N
0_ _Nov 1 '29
sf2,000_ _May '57
3 g '04 M-N
sf3,525.._Nov 1 '53
Retaining Wall.
4%g'07M-N 25,998,000_ _May 1
For Redemption of Assessment 3 g 04 M-N
1'67
sf$5,000_-Nov 1 '53 435'08M-N 37,500.0
Bridges over Harlem River.
Bonds
for
lmpt.
00_ _Nov 1 '57
Park.
Ave.
• 3Ag'98M-N $1,029,844-Nov 1 '28 3Mg'99M-N
Library Bldgs. (Bryant Park. 4 g 08 M-N 7,000,00
0_ _Nov 1 '58
458,000_ _Nov 1 '29 3Ag'99m5'00M-N
500,000--Nov 1 '30
4
N
g
3500,000
'09
_
M-N 7,000,000_ _Nov 1 '58
_Nov 1 29
Department Purpose
3 g 01 M N
sf35,000-_Nov 1 41 3 gPolice
3Ag'02M-N
500,000_ _Nov 1 '42 4 g 09 M-N 24,000,000_.May
'00 M-N sf$136,000__Nov 1s.
59
'40
3 g '02 M-N
025,000__Nov 1 '42 3 g '01
Ag 03M-N
511,000_ _Nov 1 52 4 g '09 M-N 6,000,000_ _May 1
M-N
5135,000_ _Nov 1 '41 3
1'59
3 g '03 M-N sf194,000-_Nov 1 '52 3
3345'03
M-N
415'10M
599,000_ _Nov 1 '52
-8 32,000,000 Marl'30-60
g '01 M-N
340,000_ _Nov 1 '41 3 g 06 M-N 51100,00
3 g '04 M-N
sf36,155__Nov 1 '53 33ig'04M-N
0_ _Nov 1 '56 4M,g'11M-S
sf292,00
0
_
200,000_
_Sept
.May
1 '60
1 '54 3 g '07 M-N
3M5'04M-N
150,000_ May 1 '54
5150,000_ _Nov 1 '56 4N,g'11M-S 29,708,000_ _Sept 1
For Payment of Assessments.
'60
3 g '07 M-N
3 g 04 M-N
5131,671_ _Nov 1 '53 3%g'04Msf55,000__Nov 1 '57 4315'12M-S
sf71,000__Mar 1 '62
N $1,000,000 _ _May 1 '54 3 g
250,000_ _Nov 1 '29
'08 M-N
3A5'99M-N
4
5160,000_
hg'12MS
_Nov
1
'57
24,929,0
!mot.
00_
of
Wallabo
_Mar
1 '62
ut Basin.
3 g '09 M-N 51610,000_ _Nov 1 '58 43g'13M-S
3 g 01 M-N
sf11,000-Nov 1 '41 3 g '99 M-N 513100,0
sf100__Mar 1 '63
00_ _Nov 1 '29 4 g '06 M-N
33g'01M-N
800,000- Nov 1 '41
500,000 _ _Nov 1 '55 4%g'13M-S 24,999,900..Mar 1
St. Paving (Brooklyn).
'63
4 g '07 M-N
33ig'99M-N 1,000,000_ _Nov 1 '29 3 gGrand
sf1,000_-Nov 1 '56 4Ag'14M-S 35,000,000..Mar 1 '64
'00 M-N 51310,200_ _Nov 1 '40 4
g '07 M-N
514,050_ _Nov 1 '41
3 g'01M-N
249,000..Nov 1 '56 4 g'16A-0
3,470,00
0_
_Apr
1
'66
Fire
Departm
3)45'05M-N 1,000,000_-Nov 1 '54 4 g 17J-J
3 g'01M-N
ent Purposes.
145,950--Nov 1 '41
2,000.000_ _July 1 '67
3 5'01M-N
$300,000.. Nov 1 '29 4 g 07 M-N
250,000. Nov 1 '41 33ig'99M-N
472,400__Mayl '57
Fire Alarm Telegraph System.
3 g 02 M-N
sf79,620Nov 1 '42 3 g '01 M-N sf300,000__Nov 1 '41 43,65'08M-N 1,000,000_ _Nov 1 '57
3 g'04M-N
250,000_ _Nov 1 53 3 g '04 M-N sf161,000__Nov 1 '53 4 g 08 M-N
sf$2,000--Nov 1 '53
250,000_ -Nov 1 '58 3 g '04 M-N
3 g'04M-N
50,000_ _Nov 1 '53 4 g '09 M-N
sf5,000_May 1 54 33ig'04M-N
250,000__Nov 1 '58
Fire Boats.
3 g'04M-N
sf12,500._Nov 1 '54 4 g '09 M-N
195,000_ May 1 '54 3 g '04 M-N
800,000__Mayl 59 3 g '04 M-N
3138,500_ _Nov 1 '63
334g'04
M-N
Bridge over N. Y. & H. Tracks.
250,000_ _May 1 '54 4 g '09 M-N
500,000_ _Mayi '59 3 g '04 M-N
8122,500_ _Nov 1 '53
3 g '02 M-N 51350,000_ _Nov 1 '42 3 g '01 M-N 51500,000_ _Nov 1 '41
Various Municipal Purposes.
3 g '03 M-N
Rapid Transit Railroad.
241,000._Nov 1 '41
sf25,000_ _Nov 1 '52 33,ig'01M-N
3 g '12 M-Nsf$2,100,000_ -May '22 4 g '06
3 g '04 M-N
sf20,000_ _Nov 1 '53
M-N
Dept. Docks & Ferries.
$500,000..Nov 1 '36
3 g '12 M-N sf1,250,000__Nov 11'22
New East River Bridge.
3 g '98 M-Nsf$2,000,000_ _Nov 1 '28 3
3Ag'01M-N sf125,000__Nov 1
g 13 M-N sf4,150,000__Nov 1 '22 35.55'01
'48
sf$1,000__Nov 1 '28 3Mg'99M-N
3Ag'98M-N
M-N
5161,000_
_Nov
3,875,00
'29
1
0_ _Nov 1 '48
3
g
'13
M-N
sf1,000,
33,65'98M-N 1,999,000_ _Nov 1 '28 3%g'99M-N 2,939,00 _Nov
1 '23 3Ag'00M-N
1 '29 3 g '14 M-N 512,400,0000__Nov
sf19,000__Nov 1 '49
00_
3 g 99 M-N sf1,287.823„Nov 1 '29 3 g '00 M-N sf750,000.
_Nov
1
3
'23
;ig'00M
-N
0__Nov 1 '40 3 g '04 M-N
981,000_ _Nov 1 '49
011,000_ _Nov 1 '24 3 •ig'01M700,000_ _Nov 1 '29 3Ag'00M-N
3 g'99M-N
N
5168,000_ _Nov 1 '40 3 g '05 M-N
5170,500_ _Nov 1 '49
sf2,500__Nov 1 '24 33ig'01M-N
5133,000_ _Nov 1 '40 3Ag'00M-N 2,182,000_ -Nov
3h g'00M-N
2,829,500..Nov 1 '49
1 '40 3 g '14 M-N 51900,000_ _Nov
3 ,55.00M-N 4,467,000_ _Nov 1 '40 3 g '01 M-N 511,000,0
1
'24
3
g '01 M-N 1,500,000_ _Nov 1
00_ _Nov 1 '41 3 g '15 M-N 511,200,000_ _Nov
'50
3Ag'01M-N
750,000. Nov 1 '41 3 g '02 M-N
1 '24 33ig'01M-N 2,500,00
0__Nov 1 '42 3 g '05 M-N
0_ _Nov 1 '50
sf84,234__Nov 1 '25 3A g'02M-N
3h g'03M-N 51100,000_ _Nov 1 '52 Ag'02M-N sf850,00
1,500,000_ _Nov 1 '52 3 g '06 M-N
514,100_ _Nov 1 '51
3%5'03M-N 1,900,000_ _Nov 1 '52 3
sf20,000
__Nov
3%g'03M-N
0_ _Nov 1 '54 3 g '15 M-N sf347,436--Nov 1 '25 3h g'02M-N 8,495,900_ _Nov 1 '51
3 g 03 M-N
5155,000_ _Nov 1 '53 3hg'03M-N 3,499,90
1 '25 3 g'03M-N 511.166,000 _ _ Nov
51500_ _Nov 1 '52 3 g
M-N 51250,00 _Nov 1
1 '52
3 g '04 M-N 511,500,000_ _Nov 1 '53 3hg'03M-N 1,485,000
'25 3Ag'02M-N
5125,500_ _Nov 1 '52
_ _Nov 1 '53 3 g '06 M-N sf186,730_
3%g'04M-N
sf25,000-_Nov 1 '53 3A g'03M-N
4__Nov 1 '26 3356'02M-N
5115,000_
_Nov
1
'53
3
g
'15
M-N
sf112,500__Nov 1 '36 33ig'03M-N 3,974,500_ _Nov 1 '52
3hg'04M-N
975,000_ _Nov 1 '63 3hg'04M-N 1,000,000_ _Nov 1
sf4,000__Nov 1 '52
'53 3 g '13 M-N sf5,000,000__Nov 1
3 it;'04M-N
sf100_ May 1'54 33-ig'04M-N
'38 3 g'03M-N
sf9,000__May 1'54 3 g '14 M-N sf1,198,
0_ _Nov 1 '52
3
3,699,900_ May 1'54 3hg'04M-N 2,641,00
267__Nov 1 '39 3Ag'03M-N 5,996,00
0-May 1 '54 3 g '04 M-N sf126,50
5113,000- _Nov 1 '53
Bridiez over East River.
Bridge
0__Nov
1
'54
3 g '03 M-N 511,000,000_ _Nov 1 '52
g'03M-N
3
1,987.000_ _Nov 1 '53
3 g '05 M-N 01,944,199-V13v 1 '54 3
51320,000...Nov 1 '28 3Ag'03M-N
%g'04M-N
600,000_ _Nov 1 '53 3 g '05 M-N 511,260,000_
5125,300_ _Nov 1 '53
3 g '00 M-N
sf35,000__Nov 1 40 3Ag'04M-N
_Nov 1 '55 3A g'04M-N 2,974,70
500,000_.May 1 '54 3 g '06 M-N 516,488,7
0_ -Nov 1 '53
• 3 g '01 M-N
sf5,000_-Nov 1 '40 3Mg'98M-N
_Nov 1 '55 3A5'06M-N 51250,00
0_ _Nov 1 '28 3 g '06 M-N 31595,7204_
0_ _Nov 1 '55
5'01M-N
750,000__Nov 1 '41 3hg'98M-N 51200,00
9_
_Nov
1 '56 4 g 07 M-N
1,400,000
_
_Nov
5136,000_
1
'28
3
g
'07
M-N
3 g 03 M-N sf240,000-Nov 1 '52 3 g '98 M-N
5__Nov 1 '56 4 g '08 ___ 51204,825_ _Nov 1 '56
5175,294_ _Nov 1 '28 3 g '07 M-N sf723,56
_Nov 1 '57
3 g'03 MN 3f510,000_-Nov 1 '52 3g '00 M-N sf624,70
5153,250_ -Nov 1 '57 4 g '09 ___
5__Nov
1
'40
3
g
'08
M-N
sf2
,502,574
sf93,00
'03
M-N
_ _Nov 1 '57 3Ag'04M-N 81632,500_ _Nov 1 '58
0-Nov 1 '53 3 .ig'00M-N
3g
250,000_ _Nov 1 '40 3 g '08 M-N
sf56,000--May 1'54
sf4,540__Nov 1 '53 3 g '01 M-N 51800,00
3 g'03M-N
sf400,00
0--Nov
1
'58
Ag'04M3
N
0 __Nov 1 '41 3 g '09 M-N
4,644,000_ _May 1
3 g'03M-N 1,495,600..Nov 1 '53 3Mg'01M-N
650,000_ _Nov 1 '41 3 g '10 M-N sf6,110,574.._Nov 1 '58 3%g'04M-N 2,250,000_ _Nov 1 '54
'54
3 g'04M-N
250,000_ -Nov 1 '53 4ig'15J-D
558__Nov 1 '59 3Ag 05M-N 2,500,00
700,000_ _J'ne 1 '65 3 g '11 M-N sf2,345,
0_ _Nov 54
sf15.000-_May1 '54 4h g'16A-0
3 g'04M-N
sf775,54
1__Nov
1
4
'60
g
07
2,750,000_ _Apr 1 '66 4 g '06 M-N
M-N 1,500,000_ _May11 57
485,000-Mayl '54 4Ag'17J-J
3 5'04M-N
515,000_
2,500,000_ _July 1 '67 4 g '06 M-N 10.495,0 _Nov 1 '36 43ig 07M-N 2.000,000_ _May 1 57
3 g 99 M-N
sf20,000_-Nov 1 '28
00__Nov 1 '36 4hg'08M-N 2,500,000_
Jerome Avenue Paving.
4 g '06 M-N sf147,520__Nov 1
_Nov 1 '57
3 g '00 M-N
sf10,000__Nov 1 '40
'55 4 g '08 M-N
750,000_ _Nov 1 '58
sf$5,000__Nov 1 '28 4 g '06 M-N 17,352,480_ _Nov 1
3 g '01 M-N
sf17,000-Nov 1 '40 3 g '98 M'55 4 g '08 M-N
3
g'98M-N
51500_ _Nov 1 '58
60,000 _ _Nov 1 '28 4 g '06 M-N • 51102,500_ _Nov 1 '56
3 g '01 M-N
5f10,000Nov 1 '41
4
g
'09
M-N
749,500_ _Nov 1 '58
sf1,000_ _Nov 1 '52 4 g '06 M-N 10,897,500_ _Nov 1 '56 4 g '09
35i5'01M-N
750,000_ -Nov 1 '41 3 g '03 M-N
M-N 3,200,000_.May 1'59
512,000_ _Nov 1 '53
3 g 03 M-N
sf75,000_-Nov 1 '53 3 g '03 M-N
Payable from the Rapid Tran.tit Sinking
514.000_ _Nov 1 '53
3 g'04M-N
250,000_ _Nov 1 '53 3 g '04 M-N
of the City Of New York
Repaving Streets and Avenues. the provisions of Section 10 of Article 8 ofFund
3 g'04M-N , 450,000-May 1 '54
the Constitution of the State under
York, Section 2()4 of the Greater New
sf1,000-Mayl 54 3 g '98 M-N sf$160,000_ _Nov 1 '28
3 '
York Charter, and Chapter 498ofofNew
3 g'04M-N
the
299.000_ _Mayl '54 3 g '99 M-N 51150,000_ _Nov 1 '28 Laws of 1909, amending the Rapid Transit
Act.
3 ,ig'98M-N
Bridge over Harlem River.
250,000_ _Nov 1 '28
Rapid Transit RR. Construc'n. 4jig'11M3 g '99 M-N sf$40,000_ _Nov 1 '19 3Ag'99M-N
,
S
300,000-Nov 1 '29 4 g '10 M-N
5114,000_
_Sept
1
'60
st$188,5
00_ _Nov 1 '59 4 M g'11M-S
sf11,000-N0v 1 '52 3h g'00M-N
3 g '02 M-N
450,000_ _Nov 1 '40 4 g '13 M-N 51973,07
8,486,000_ _Sept 1 '60
9_ _May 1'63 43,ig'12M-S
sf74.34-__Nov 1 '53 3hg'04M-N
3 g_'03 M-N
750,000.. Nov 1 53 4 g '10 M-N
51366,160_ _Mar 1 '62
5124,512 _ _Nov 1 '59 4X g'12M-S
Bridge over Newtown Creek. 3hg'04M-N
150,000 _ _May1 '54 4 g '11 M-N
19,633,8
5110,000_ _May 1'60 4qg'14M-S 10,000,040_ _Mar 1 '62
3 g '03 M-N sf$10,000_ -Nov 1 '52 3A g'00M-N
5139,000_ _Nov 1 '40 4 g '14 M-N' 511,172,4
00_ _Mar 1 '64
72_ _Nov 1 '63 4 g'15J-D 30.000,000_
3 g '00 M-N 51180,000_ _Nov 1 '40 3hg'00M-N 1,961,000_ _Nov 1 '40 4 g '17
_June 1'65
J-J
5113,000_ _July 1 '67 4 g'16A-0 27,130,0
sf20,000-Nov 1 '52 3 g '01 M-N
3 g_'03 M-N
5124,000_ -Nov 1 '41 4Xg'10M-S
00__Apr 1 '66
sf20,000Mar 1'30-60 43.6517J-J
Bridge over Gerretsen's Creek. 3Ag'01M-N
sf1,000__Nov 1 '41
37,000,000..July 1 '67
5.980,000Mar 1'30-60
3 g '03 M-N sf$16,000_ _Nov 1 '52 3%g'01M-N 1,999,000..Nov 1 '41 4hg'10M-S
Bridge over Gowanus Canal. 3 g '04 M-N
sf32,500__Nov 1 '53
Payable from
under the provisions of Section 169 of the
3 g '04 M-N sf$195,000-Nov 1 '53 3;ig'02M-N
s150. Nov 1 '42 Greater New York taxation
Cho;ter.
3 g '04 M-N
5f15,000_-Nov 1 '54 3hg'02M-N 1,999,950_ _Nov 1 '42
3 g '03 M-N
Bridge over Flushing Creek.
5125,000_ _Nov 1 '52
Various Municipal Purposes.
14 (g'16A-0 $12,005,000 Apr1'20-'31
3 g '04 M-N sf$36,000-Nov 1 '53 3hq'03M-N 1,500,000_ _Nov 1 '52 4%g'15J-D $20,035,9
20J'nel'19-'301454g'17J-J
Bridge over Newtown Creek. 3 g 03 M-N 51610,000_ _Nov 1 '53
7,000,000 July1'19-32
Payable from the water sinking fund
3 g '03 M-N sf$250,000_-Nov 1 '52 3 g'04M-N 3,000,000_ _Mayl '54
the City of New York under the proAtlantic Ave. Improvt.(BklYn.) visions of Section 1') of Article 8 of theofState
3Kg'04M-N
350,000_ _Nov 1 '54
Constitut
ion
and Section 208 of
3 g '02 M-N sf$250,000__Nov 1 '42 the Greater New York Charter, as amended.
Bridge across Prospect Ave.
3 g '03 M-N
sf$8,000__Nov 1 '52 3 g '02 M-N
5115,000...Nov 1 '52
For the New Aqueduct.
3
g
'07
M-Nsf$1
3 g '03 M-N
sf12,500__Nov 1 '53 3 g '03 M-N 31665,000-Nov 1 '52 3 g '99 A-0 st$200,0
,183,000-Nov 1 '56
00_ _Oct 1 '19 3 g '08 M-N
3 g '04 M-N
5151,500_ _Nov 1 '57
511,500_ -Nov 1 '53 3 g '03 M-N
5151,000_ _Nov 1 '53 3 g '00 A-0
sf100,000_0ct 1 '19 3 g '08 M-N 512,709,0
Bridge over Mott Haven Canal. 3 g '04 M-N
5119,000_ _Nov 1 '53 3Ag'99A-0
00_ _Nov 1 '58
1,000,000
_
_Oct
1
'19
3 g '10 M-Nsf10,463,225_ _Nov 1 '59
3hg'01M-N
$30,000_ _Nov 1 '41 3;ig'04M-N
150,000.._Nov 1 '53 33ig'00A-0
31129,50
0-Oct 1 '19 3 g '11 M-N 511,004,400_
3%5'04M-N
Bridge over Bronx River.
100,000_ _ May1 '54 354g'00A-0
-Nov 1 '60
1,520,500
_
_Oct
1
'19
4
g
'06
M-N
3 g '04 M-N sf$10,000_ -Nov 1 '53 3 g 04 M-N
5138,500_ _Nov 1 '53 3 g '01 A-0
100_ _Nov 1 '25
5190,000_ _Oct 1 '20 4 g '06 M-N
Bedford Ave. [mot. (Brooklyn).
Bridge over N. Y. & Harlem RR.
300,000_
_Nov 1 '36
31g'00A-0
1.000,000_ _Oct 1 '20 4 g '07 M-N
3 g '03 ,VI-N
sf$6,000_Nov 1 52 3 g '04 MN sf$21,000_ _Nov 1 '24 3 g'01A-0
511,000_ _Nov 1 '26
1,200,000_ _Oct 1 '20 4 g '06 M-N
3 g '03 M-N
512,000__Nov 1 '53
Street and Park Openings.
5110,000
_Nov
_
g'01A-0
3
5121,000_
_Oct 1 '21 4 g '06 M-N 1,990,000_ _Nov 1 '55
3 CO4 M-N
sf16,000__Nov 1 '53 3 g '99 MN 51374,619_ _Nov 1 '29 3 5'01A-0
1 '55
479,000_ _Oct 1 '21 4 g '06 M-N
Bridge Across Harlem River.
3 g '00 M-N sf2,598,211__Nov 1 '40 3 g 02 A-0
5180,000_ _Nov 1 '56
51100,00
0_
_Oct
1 '22 4 g '06 M-N 1,420.000_ _Nov 1
3 g '01 M-N
sf$1,000__Nov 1 52 3 g '01 M-N sf538,699__Nov 1 '41 3 g '03 A-0
sf100,00
0__Oct 1 '22 4 g '07 M-N 2,750,000_ _Nov '56
3 g '03 M N
sf1,000-Nov 1 '53 3 g '02 M-N sf2,265,577-Nov 1 '42 3A5'03A-0
1 '58
1,500,000_ _Oct 1 '52 3gg'04M3 g '04 M N
N
518,000_ _Nov 1 '54
sf50,000- _Nov 1 '53 3 g '02 M-N 511,743,881_ _Nov 1 '52 3 g 03 A-0
5130,000_
_Oct 1 '53 3 g'04M-N 4,242.00
3 g'04M N
811.000- _May 1 '54 3 g '03 M-N 512,449,306_ _Nov 1 '52 3 g '04 A-0 sf1,500,000_0ct
0_ _Nov 1 '54
1 '53 3 5'05M-N
3 g'04M N
99,000_ _iday 1'54 3 g '04 M-N 51826,226_ _Nov 1 '53 3 A 5'04A-0
0..Nov 1 '54
350,000_ _Oct 1 '53 4 g 07 M-N 2,500,00
Bridge over Bronx River.
3 g'99M-N
1.100.000_ _May 1 '57
51500_ _Nov 1 '29 3 g 04 A-0
st70,000__Oct 1 '54 4 g '07 M-N 2,500,00
3 g '03 M-N sfo25.000_ Nov 1 '52 3 g,99m-N 1,848,607_ _Nov 1
.May 1 '57
0_
Ag'02A3
0
'29
5119,800_ _Apr 1 '22 4Xg'07M-N 7,000,000_.May
g '04 MN
511,000_ -Nov 1 '53 3 g'01M-N
5150_ _Nov 1
g'02A-0
480,200_ _Apr 1 '22 4%5'08M-N 6,000,000_ _Nov 1'57
Melrose Avenue Viaduct.
3 g'01M-N 1,112,075_Nov 1 '41
'57
3 g'04A-0
'41
1,000,000
_
_Apr
1 '54 4 g 08 M-N 4,000,000_ _Nov 11 '58
3A5'98M-N
$140,000_ _Nov 1 '28 3 g'03M-N 1,000,000_Nov 1 '52
Additional Supply of Water.
4 g '09 M-N 2,000,000_ _Nov 1 '58
3 g 01 M-N
sf20,000__Nov 1 '41 3Ag'03M-N 2,999,960„Nov 1 '53
4
g
'09
3
M-N
3 g '03 M-N
g
'04 M-N sf$482,500__Nov 1 '53
sf5.000_ -Nov 1 '52 3Ag'03M-N
10,000,000_.May 1 '59
5140_ _Nov 1 '53
3 g '03 M-N
5156,500_ _Nov 1 '53 33ig'04M-N
3113,000--Nov 1 '53 3 g '04 M-N
5115,000_ _Nov 1 '54 4 g. '09 M-N 6,000,000_ _May 1 '59
g•10M-S 12,000,000Mar 1'30-60
3 g '04 M-N
sf500_ _Nov 1 '53 3 ig'04M-N
997,000_ _Nov 1 '53 314g'04M-N
500,000_Mayl '54 4
3g
43
,
t
g'11M-S
M-N sf116,975
51209,000_ _Sept 1 '60
600,000_ _Mayl '54 35'99M-N
1952 3yig'04M-N
250,000_ _Nov 1 '19 4
g'11M-S 21,291,000„Sept 1 '60
3 g '01 M-N 51260,000_ _Nov 1
Grade Damage Commission.
Acquiring Title to Lands Re'20 4Xg'12M3 g '98 M-N
S
3 g '02 M-N 51445,000_ _Nov 1
5197,740_ _Nov 1 '28
quired for Public Purposes.
51137,150-_Mar 1 '62
'21
4
g'12M-S 19,862,850_ _Mar 1 '62
3 g '99 M-N
sf17,740__Nov 1 '28 3 g '02 M-N
sf$5,000_ _Nov 1 '42 3 g '02 M-N 51100,000_ _Nov 1 '22
250,000_ _Nov 1 '40 3 g '03 M-N
3A5'00M-N
sf1,000_Nov 1 '52 3 g '03 M-N 51845,501_ _Nov 1 '22 4345'13M-S 20,000,000_ _Mar 1 '83
3 g 01 M-N 31217,720_ _Nov 1 '41 3 g '04 M-N
04.000_ _Nov 1 '53 3 g '03 M-N sf544,000_ _Nov 1 '52 43ig'14M-S 20,000,000_ _Mar 1 '64
43ig'15J-D 15,300,000_ _June 1'65
3 g '02 M-N sf187,500_ _Nov 1 '42
Soldiers' and Sailors' Memorial 3'03M-N
250,000_ _Nov 1 '52 4g'16A
-0
3 g '03 M-N
3 g '03 M-N s1353,000__Nov 1 '53
sf7,000_Nov 1 '52
6,650,000..Apr 1 '66
Arch.
3 g '04 M-N
6,000,000_ _July 1 '67
5132,500_ _Nov 1 '53 3 g '99 M-N
sf$5,000_ _Nov 1 '29 3 g 04 M-N 51327,498_ _Nov 1 '53 4Mg'17J-J
3 g '00 MN
512,000_ _Nov 1 '40 3J4g'04M.N
650,000_ _Nov 1 '53
Department of Health.
Laying Water Mains.
sf10,000__Nov 1 '40 3 g'04M-N
511,000_ _May1 '54 33i5'01M-N
3 g '01 M-N sf$25,000__Nov 1 '41 3 g'01M-N
350,000_ _Nov 1 '20
g'01M-N
190,000_ _Nov 1 '40 3 g'04M-N
999,000__Mayl '54 3 g 00 M-N sf100.00
3 g '02 M-N
sf3,000--Nov 1 '42
0__Nov 1 '19
'02M-N
43,000_ _Nov 1 '42
3 g '03 M-N 51107,500_ _Nov 1 '52
To Provide for Supply of Water. 3 g '01 M-N
3125,850_
_Nov 1 '20
Monument, Fort Greene Park.
3 g '03 M-N
sf39,000__Nov 1 '53
g '12 M-N sf$50,000__Mayl '22 3 g '01 M-N
849,150_ _Nov 1 '20
sf$1,550_ _Nov 1 '53 3
3 g '04 M-N
5135,000_ _Nov 1 '53 3 g '02 M-N
33ig'01M-N
3
g
'13
150,000_
M-N
_Nov
sf100,00
1'20
_
_Nov
0
1
Sewer
'22
Constru
ction (Brooklyn) 3 g '05 M-N
335'04M-N
250,000_ _Nov 1 '53
3 g '03 M-N
sf29.000__Nov 1 '52
sf55,000__Nov 1 '24 3
5131,000_ _Nov 5 '53 3
3 g 04 M-N
sf1,000__Nov 1 '54 3 g '04 M-N
g '04 M-N
g '05 M-N
sf47,500--Nov 1 '53
sf60,000_
_Nov
3O
1
tv
'25
g'04M-N
100,000_
Ai'04MN
_Nov
200,000
3
--May 1 '54
1 '53
g '06 M-N 51635,000 _ _Nov 1 '25
Sanitary Protection of Sources
100,000_ _Mayl '54 3 g
3 g 98 M-N
5133,045_ _Nov 1 '19 3 g'04M-N
'06 M-N
5185,000_ _Nov 1 '26
of Water Supply.
167,000_ _Nov 1 '42 3 g
3 g '99 M-N
sf11,241_ _Nov 1 '19 3 g'02M-N
'13 M-N 514,200,000_ _Nov 1 '38 3 g '00
ebster
Avenue
M-N sf$100,000_ _Nov 1 '19
Relief Sewer.
Department Street Cleaning. 3 g '04 M-N
3 g '14 M-N 511,425,704_ _Nov 1 '39
g'99M-N 51100,000_ _Nov 1 '19
sf$2,500_ _Nov 1 '53 3 g '04 M-N
3 g '99 M-N 518100,000_ _Nov 1 '29
5191,000_ _Nov 1 '54 3)4g'99M-N
Map,
Queens
250,000_ _Nov 1 '19
Borough
.
3'99M-N
3 g '05 MN
300,000_ _Nov 1 '29
5152,500_ _Nov 1 '54 3AirOOM-N
'04 M-N sf$42,500_ -Nov 1 '53 3
sf100__Nov 1 '20
3 g 00 M-N
g '05 M-N
sf50,000__Nov 1 '40 3 gMap.
512,500_ _Nov 1 '55 3 i5'00M-N
Borough
499.900_
of
_Nov 1 '20
Richmon
d.
3 g '06 M-N 511,586,000_ -Nov 1 '55 3 g 02 M-N
3 e '01 M-N
sf12,668Nov 1 '40 3 g '04 M-N
sf$20,000_ _Nov 1 '53 3 g '06 M-N
sf500,000__Nov 1 '21
sf470,000-Nov 1 '56 3 g '03 M-N sf200,0
00-Nov 1 '52
68
[VoL. 108.
NEW YORK-CITIES AND TOWNS.
onal Dock Bonds.
sf$1,000__Nov 1 '261 Additi
'28
33g'96M-N
M-l' sf$250,000__Nov 1
of Section 222 of the Greater 3
999,000__Nov 1 '26 3 '97 98M-N
,ig'96M-N
Payable from taxation under the provisions
sf2,500_ _Nov 1 '28
sf6,000_ _Nov 1 '27 33ig' M-N 1,747,500__Nov 1 '28
3 g'961‘1-N
New York Charter.
'98
'3
3
1
'27
1
__Nov
ov
0,000
000__N
3 g '16 M-Nsf23,50
3ig'96M-N 3,994,
1 '3
General Fund Bonds.
(No. 1)
3 g '17 M-Nsf25,000,000__Nov
for the redemption of the city debt and
Mg '03 M-Nsf$8,500,000__Nov 1 '30
See.
__Nov 1 '3
Payable from the sinking fund
'30 3 g '18 M-Nsf27,000,000
n 1 of Chapter 79 of the Laws of 1889
aft
or
3 g '04 M-N sf9,500,000_ _Nov 1
0__On
under the provisions of SectioYork
sf9,00
M-N
'01
3
'30
r.
1
Charte
__Nov
0,000
New
r
11,00
'05 M-Nsf
Nov 1 1902 tin 214 of the Greate
9
'09-'2
1
'30
1
00Nov
sf21,0
,6'92M-N
3g '06 M-Nsf11,750,000__Nov 1 '30 3'02 M-Nsf12,097.46 __On or aft.
Consol. Stock Parks, Parkways 23
sf3,500Nov 1 '09-29
2 i'93M-N
3 g '07 M-Nsf13,500,000_ _Nov 1 '30
Nov 1 1903
.
Places
9
c
'09-'2
1
Publi
and
0Nov
s11,60
__Nov
0,000
-N
14,50
3:f1 '08 M-Nsf
sf2,500__On or aft. 2%'89M-N $1,445,000INov 1'09-29 2W94M
3'03 M-N
sf2,000Nov 1 '09-'29
2%'95M-N
3 g '09 M-Nsf16,750,000_ _Nov 1 '30
Nov 1 1904
sf4,612,000 f
1 '09-'29
00Nov
'30
sf12,0
-N
aft.
i'96M
or
2
9
3 g '10 M-Nsf17,000,000.._Nov 1
sf100__On
150,0001Nov 109-2
-N
'30 3 g '04 M-N
sf1,000Nov 1 '09-'29
2A'97M-N
Nov 1 1904 2W90M
3fg '11 M-Nsf17,500,000 _ _Nov 1
sf51.0,000 J
'30
31,g '12 M-Nsf17,500,000_ _Nov 1
2161,676__On or aft. 2%'91M-N
sf35,000Nov 1 '09-'29
M-N
'04
g
3
'30
1
__Nov
0,000
Nov 1 1905
3 g '13 M-Nsf22,00
redemption of the city debt (No. 1)
Payable from the sinking fund for the
sf31,000__On or aft.
the Greater N. Y. Charter.
Payable from assessments.
3 g '13 M-N
under the provisions of Section 213 of
1913
1
Nov
Payable from assessments.
Assessment Bonds.
sf50,000__On or aft.
Additional Water Stock.
Washsf$4,000__On or aft. 3'99 M-N
3 g '09 M-N
Assessment Bonds (Fort
Nov 1 1904 3 '83 A-0 f sf$45,0001_0ct 1 '33
Nov 1 1909
.
aft.
01
n or
ington Ridge Road)On
100,00
or After
sf1,000__On or aft. 3 g '06 M-N sf162,734__O
.)
3 g '12 M-N
Nov 1 1926
(Subject to call after Oct. 11913
Nov 1 1913
sf$4,802__Nov 1 '95
$300,000....Oct 1 '33 3 '92 M-N
sf20,170__On or aft. 33r84 A-0
sf4,000__On or aft. 3 g '06 M-N
sf5,648__Nov 1 '95
3 g '13 M-N
Nov 1 1906
(Subject to call after Oct. 1 1913.) 3 '93 M-N
Nov 1 1913
s125,590_ _Nov 1 '95
aft.
or
M-N
'94
00__On
3
sf10,0
aft.
or
sf5,887__Nov 1 '96
3 g '14 M-N sf5,000,000__On 1 1914 3 g '13 M-N
.
kCity)
____
11022
Stock
Nov
'95
3
Consolidated
Nov
ov 1 '97
3 '96 M-N sf$13,018__N
sf10,000__On or aft.
or aft. 3 g '13 M-N
87__Nov 1 '98
$500....July 1 '01 3 '97 M-N
sf30,5
3 g '14 M-N sf3,000,000__On2
.74
'71
g
1923
6
1
Nov
1915
Jan
'16
1
10__Nov
aft. 4' 6 M-N
Assess. Bds.(Harlem Riv.
3 g '17 M-N s15,000,000 On 1or1917
Tax Relief Bonds No. 2.
or aft.
000__Nov 1 '88
Nov
3 g '16 M-N sf500,000__On2
1917 7 '70 M-N
$2,500....Nov 1 '90 3 '87 M-N sf$75.
Jan
aft.
3 g '17 M-N sf2,500,000__On or1918
'17
TER CO
CHES
Jan 2
3 g '16 M-N s11,645,000__Janor2aft.
WEST
OF
Y
BONDED DEBT ANNEXED TERRITOR
or aft. 3 g '17 M-N sf1,500,000__On
3 g '13 M-N sf2,500,000__On2
Jan 2 1918
TOWN OF WESTCHESTER.
FARMS.
1914
Jan
WEST
OF
TOWN
.
Bonds
7,000....Nov 1 '17
Improvement
50_ _May1 '17 43g'08M-N
4 g '07 M-N
..On or aft.
33.68.91M-N$145,000_ _May 1 '19-'47
Central Ave. Construction.
23,000 _ _May 1 '17 3 g '18 M-N sf425,000_Jan
43ig'07M-N
2 1919 7s '68 May $8,0001Mar 1 '20-29
TOWN OF MORRISANIA.
5,000__Nov 1 '17
4Ag'08M-N
on.
_On or aft.
s f2,000
Central Ave. Constructi
sf1,000__Mayl '19 3 g '18 M-N sf1,000,000_Jan
4 g '09 M-N
8
2
1919
1
'30-'4
Mar
14,000
M-S $44,000....Mar 1 '20-'633
'19
June
'69
7s
7s '68
4 g '09 M-N 1,999,000__Mayl
sf2,000__On or aft.
sf5,000
M-S 10,000__Mar 1 '64-'7
7s'70
sf242.75__On or aft. 3 g '18 M-N
3 g '98 M-N
Jan 2 1919 7s '68 July
9,000 July 15 '49-59 7s '71 M-S 1,000____Mar 1 1974
Nov 1 1899
6
000__On or aft.
sf2,000
7s '72 M-S 1,000__Mar 1 '75-7
3 g '98 M-N sf18,181.33On or aft. 3 g '18 M-N sf900,
Jan 2 1919 7s '68 July sf500__July 15 1960 7s '73 M-S 2,000__Mar 1 '76-'77
Nov 1899
1 1978
aft.
4
or
n
__Mar
'61-7
15
000__O
..Oct
500._
.
sf100,
J-D
14,000.
1-N
,
3.1
aft.
Oct
or
'73
78
3%g'19
_On
'68
3 g '99 M-N sf11,514.65_
Jan 2 1920 7s '68 Dec 50,000_Mar 1 '75-2024 7s '73 M-S
500........Mar 1 1978
Nov 1 1900
000__Oh or aft. 7s
2025-'89 7s '73 M-S 2,000__Mar 1 '70-80
7s '68 M-S 65,000_Mar 1
3 g '00 D.1-N sf17,185.35__On or aft. 33ig'19M-N sf500,
1920
2
21
Jan
2090-'
1
0_Mar
IAMSBRIDGE
32,00
1
WILL
M-S
1901
Nov
'70
AGE OF
0,000__On or aft. 7s
500........Mar 1 1922 VILL
7s '70 M-S
Highway Improvement.1 '19-'21
3 g '14 M-Ns123,500,000__Nov 1 '30 33ig'19M-N sf2,00
Jan 2 1920 7s
1 2123
__Mar
500__
__July
1
M-S
$3,000
'30
__Nov
'70
0,000
J-J
4s g '92
3 g '15 M-Nsf23,00
/
1 2124-'36 4s
7s '70 M'S 13,000_Mar
'93 F-A 19,000__Aug 11 '19-'3
.
'19-'46
500...... _Mar 1 2137 6s
FUNDED DEBT OF THE CITY OF NEW YORK
7s '70 M-S
'94 M-N 25,000....May
8
1
'37-'3
4
Mar
'19-3
1
1898.)
r
500__
1
0__Ma
ry
16,00
M-S
to
d
Janua
'71
g
7s
5s '95 M-S
(As constitute prior
redemption of the 7s '71 M-S 2,000_Mar 1 2138-39
VILLAGE OF WAKEFIELD. .
Consolidated Stock payable from the sinking fund for the N. Y. Charter.
1 2140-'41
7s '72 M-S 2,000_Mar
Highway-Improvementt Bonds
city debt under the provisions of Section 229 of the Greater
2142
1
_Mar
500_
M-S
7s '72
.
r
Street
Heste
1 M-S $7,63()__Sep 1 '19-253
c
Park,
4%s'9
43
Publi
.
1
2142-'
Bonds
ar
e
500..M
New York Bridg
_Oct 1 '19-'2
sf$12,789__Nov 1 '20 7s '73 M-S 4,000
1 2143-'47 4s '92 A-0 5,000___Oct
_Mar
3 g '91 M-N sf$180,000__Nov 1 '22 3 '97 M-N
'23
M-S
1
1 '19-'23
'73
_Nov
_
7s
,271
sf1
5,000
'97 M-N
500........Mar 1 2147 4Ms'94 A-0
3 g '92 M-N sf150,000_ _Nov 1 '22 3
1 '20 75 '73 M-S
0__Nov
sf2,50
M-N
'97
3
1
'23
ov
YORK.
3 '93 M-N sf100,000__N
NEW
OF
TY
COUN
Ward.
11th
DEBT
FUNDED
Public Park.
sf25,000__Nov 1 '25
3 g '94 M-N
g fund for the redemption of the
ov 1 '20
Consolidated stock payable from the sinkin
N.Y.Charter.
sf50,000_Aug 19 '25 3 '97 M-N sf$21,209__N
3 g '95 M-N
sf$2.500__Nov 1 '20 city debt(No. 1) under the provisions of Section 213 of the Greater
sf45,000__Nov 1 '25 3 '97 M-N
3 g '95 M-N
1,980,000___Juyl 1 1920
Park.
Bend
01J-J$
rry
3.30g'
Mulbe
1'26
1919i
_Apr
1
00_
July
sf30,0
000___
M-N
2,000,
'96
3
sf$1,000__Nov 1 '24 3.30g'01J-J$ sf20,000___July1 192013.30g'01J-J 2,000,000_ _-July 1 1921
3 g '95 M-N
Bridges over Harlem River.
g '95 M-N 1,583,371__Nov 1 '24 3.30g'01J-J
3 g '95 M-N $100,000__Nov 1 '20 3
.
100,000__Nov 1 '20
THE CITY OF BROOKLYN
M-N
3
g
'95
1
'20
ov
81__N
of Kings,
201,1
3 g '95 M-N
d the entire area of the county
Riverside Park.
$23,000__Nov 1 '20
The old city of Brooklyn covere
of the city on Jan. 1
3 g '05 M-N
that
'21
1
with
ov
idated
000__N
government being consol
the
50.000....Nov 1 '20 3 '97 M-N sf$55,
county
Under
the
1895.
of
3 g '95 M-N
Laws
of the
Spuyten Duyvil Parkway. 1 '23 1896 under the provisions of Chapter 954
sf36,573__Nov 1 '19
be deemed to
3 g '97 M-N
of the said county shall not yn,
the
80,000....Nov 1 '20 3 '97 M-N sf$55,000__Nov
provisions of this Act, "the debt
within
Brookl
3 g '95 M-N
of
City
the
of
of the debt
of New York
Public Park, 12th Ward. 1 '21 be,or be Included as, a part
3 '97 M-N sf655,979_ _Nov 1 '20
the constitution of the State
meaning of the provision of to
"Chronicle,"
3 '96 M-N sf$35,082__Nov
(See
3 '97 M-N sf204,037__Nov 1 '20
."
edness
indebt
Incur
cities
21
1
sf30,625__Nov
400,000....Nov 1 '20 3 97 M-N
limiting the power of towns of Fiatbush, New Utrecht and Gravesend
3 g 96 M-N
Vol. 62, p. 49.) The
Public Park, 27th & 28th Sts.
town of Flatlands
Bridge over Harlem Ship Canal.
City of Brooklyn in 1894 and the
3 '97 M-N sf$36,573__Nov 1 '19 3 '97 M-N sf$16,696__Nov 1 '21 were annexed to the
of January 1896.
80,000__Nov 1 '20
became a ward of the city on the first day
Washington Bridge Park.
3 g '95 M-N
1 '20
of Brooklyn under the provisions
3 '96 M-N sf$20,000__Nov 1
New East River Bridge.
e from the sinking fund of the City
1 '20 3 g '95 M-N
sf3,000__Nov '20 ofPayabl
of 1860, and amendments thereto.
Laws
3 '95 M-N sf$10,000__Nov
488,
r
Chapte
$2,000__July 1 '15
637,000 __Nov 1 '20
sf54,069__Nov 1 '20 3 g '95 M-N
3 '96 M-N
17s '70 J-J
.
Public Park Loan Bonds
1.000__Jan 1 '12
sf73,255__Nov 1 '20
Fort Washington Park.
3 '97 M-N
1 '24 7s '73 J-J
July
.000__
$1.092
'18
1
J-J
v
1
'70
'18
_Nov
_
6s
0__No
$2.000
15,00
3 g'97M-N
33ig'96M-N
of the City of Brooklyn under the provisions
Payable from the sinking fundand
Street and Park Opening. 1 '18
1881.
Bridges over Harlem River. 1 '20
of
Laws
Chapter 443.
$31,660__Nov
of Chapter 572, Laws of 1880.
3 '95 M-N sf$20,000__Nov 1 '20 33ig'97M-N
$700,000....May 1'24
3Ms'84 J-J
sf10,000__Nov
rage Bonds.
Fire Hydrant Stock.
Arrea
after 1894.)
3 '96 M-N
call
to
ct
(Subje
1 '20 3 '97 M-N sf$25,000__Nov 1 '25 4s '83 J-J
sf$150,000__July 1 '23
3 '97 M-N sf150,000__Nov
50,000....Nov 1 '25 (Subject to call after July 1 1893.)
sf96,000__Nov 1 '19 3 g '95 M-N
3'97 M-N
the provisions
under
un
v
1
'25
50,000__No
of the City of Bro
Bridge Connecting Pelham Bay 334g'96M-N
Payable from the sinking fund
Police Department Bonds.
Park and City Island.
r 648 of the laws of 1895.
Chapte
encies.
of
Defici
y
'25
Count
1
v
Stk.'19
00__No
1
Cons.
ov
sf$1,0
.
3 g '95 M-N
3 97 M-N sf$34,000__N
City-Hall Improvement Bonds
sf$48,000__Jan 1 '27
59,549.. Nov 1 '25
sf$35,000__Jan 1 '20 3Ag'96J-J Schoo
Bridges over Bronx River. v 1 '19 3 g '95 M-N
.
6J-J
33ig'9
.
Stock)
(Cons
l
ing
Train
00__No
'20
1
ways.
..Jan
c
sf$5,0
Publi Drive
95,000..
3 '97 M-N
Mg'95J-J
$90,000....Jan 1 '37
sf15,000__Nov 1
@FedFRASER